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BANK OCT RECORD U. RES. 8. PAT. OFFICE SEPTEMBER IN RETROSPECT Page Page 1 Cotton. - _ 7 •_ 6 Money Market. 15 12 New Security 11 15 Petroleum and Its Products 8 5 17 Dividend Declarations ■ Iron and Steel Trade Rubber..... 8 13 Course of Stock Market— Federal Reserve Hides and Leather 8 Commercial and Financial Events - _ Bank—Brokers' Loans Foreign Affairs Foreign Exchange 7 Grain—Coffee—Sugar. Securities Called for Issues Textiles 8 United States Treasury Financing- 10 Redemption..111 INDEX TO STOCK EXCHANGE QUOTATIONS Page Page 57 New York Curb 58 New York Stock Exchange—Bonds 19 Chicago Stock Exchange.. 54 New York Stock Exchange—Stocks 31 Cleveland Stock Exchange 59 Philadelphia Stock Exchange 61 Detroit Stock Exchange 60 Pittsburgh Stock Exchange 66 64 San Francisco Stock Exchange. Baltimore Stock Exchange Boston Stock Los ....... Exchange Angeles Stock Exchange. Exchange 41 INDEX TO GENERAL QUOTATIONS Page Domestic Page Municipal Bonds— Banks and Trust Companies— 102 Domestic 111 — Canadian. Canadian 92 94 84 Public Utility Bonds Federal Land Bank Bonds. 92 Public Utility Stocks Foreign Government Bonds 93 Railroad Bonds.. 67 Industrial Bonds 81 Railroad Stocks 71 Industrial Stocks 85 Real Estate Bonds Insurance Stocks 100 Exchange Seats Investing Companies Securities 72 84 Securities ... 85 Octo"bej? WILLIAM B. William 78 101 85 Textile Stocks 85 Deposit Stocks United States Government Securities. Mill Stocks—see Textile Stocks— Mining Stocks 73 Real Estate Trust and Land Stocks... Title Guarantee and Safe Joint Stock Land Banks— .... DANA United States Territorial Bonds 4, 1940 COMPANY, Street, Corner of PUBLISHEES Spruce Street, New York 7 jlafc gqjosit and Jrust Co —OF 1 BALTIMORE— Capital $2,000,000 • Surplus and Profits $4,196,364 gJINCE 1876 this Company has devoted itself exclusively to the management and conser¬ estates—specializing the whole effort vation of of its It is highly trained organization in this business. of one country the few which 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 Blanchard Randall Lyman Delano Charles E. Rieman - BANK/QUOTATION RECORD REQ. U. S. PAT. OFFICE Copyright in 1940 by WILLIAM B. DANA COMPANY, in office of Librarian Entered Second Class Matter, March 9, 1928, at as VOL. 13. the Post Office The Bank and Ouotation Record is Terms for the Chronicle 818 are per annum within the United States Postage outside of United States Quotation Record is $12.50 Single copies are sold at extra. $1.50 per copy. CHICAGO LONDON OFFICE—208 La South OFFICE—Edwards & WILLIAM DANA B. William Street 1 COMPANY, Publisher., a the Secretary of the Navy. Should should he fail to give or his private orders, over plant taken the order the manufacturer would over by the Government at "fair and just" compensation and he would be liable to a fine. Appropriation to REVIEW OF SEPTEMBER—COMMERCIAL AND FINANCIAL manufacturer has to a price declared to be reasonable maximum penalty of three years imprisonment ana a §50,000 Spruce Street. New York corner preference a Drapers' Gardens, E.G. or he fail to fill the order be liable to have his Street. Salle Smith, limits at 21 to 35, inclusive, industry conscription amend¬ Under the latter provision, Government, order at a by the Secretary of War The subscription price to the Bank and year. ment. fill $23 in other foreign Mexico and Cuba, and age and included the House form of countries. a delaying the draft, set the publication Possessions and Territories; 819.50 in Canada; $21.50 in South Central America. Spain, 10 was approved by both Houses on the same The compromise agreement eliminated the provision day. for of the companion one NO. agreement which Quotation Record and of the Commercial & Financial Chronicle and is issued monthly. and of Congresa, Washington, D. C. York, N, Y„ under the Act of March 3, 1879 NEW YORK, OCTOBER 4, 1940 Bank and U. S. at New Cover Conscription Immediately after final legislative action EVENTS Cost this on measure completed, the President sent to Congress a supplemental request for defense appropriations amounting to $1,733,was The seems, revitalization is made now of the more Nation's defenses, which, it by Japan's accord with necessary the Axis Powers, continued to be the dominant theme in the economic and political picture last month prepared to register all the country as between the ages of 21 and 36 men and to draft 400,000 of them in the immediate future for year's active military training. surveying the was Western in new same conscription bill during the remainder of the current fiscal After year. time, the Nation diplomacy acquired in return for 50 Bill force now cannot remain on the Burke-Wads- Sept. 16 with the declaration indifferent rampant in the world." the to philosophy of By this action, the Presi¬ opened the way for the conscription of 900,000 between 21 and 36 years years, a There these ages boards age men during each of the next five are approximately 16,500,000 between men who will have to register with their local election Oct. 16 in accordance with on President group, of step unprecedented in the peacetime history of the country. immediately after 400,000 men total of signing order issued an the bill. by the From will be selected by lot to start a House the this year's $1,469,993,636 this passed in appropria¬ Sept. 26. on Providing Insurance for The President over¬ Draftees requested other legislation for the draftees Sept. 14 when he asked Congress to enact on his signature to worth Selective Service Bill "we adjustments, tions and authorizations the President affixed that a sites for naval and air bases in Britain's would dent carrying measure Conscription Law The some one United States Navy destroyers. age Of this sum, $1,600,000,000 would be used to pay the expense of training 900,000 men under the terms of the Hemisphere possessions which President Roosevelt bold stroke of a At the 886,976. law which a the insurance protection of draftees under preserve Sqcial Security Act, the Railroad Retirement Act and th© Railroad Unemployment Insurance Act. ing out this request by the Senate Sept. 18. on proved by the conferees This amendment the tax on measure instead the conferees decided to study and defer action until next session. ever, Legislation War, would be set the not ap¬ Sept. 26; the question further The conferees did, how¬ plan whereby Federal insurance, similar to approve a under was on but separate from the war risk insurance system draftees carry¬ attached to the Excess Profits Bill was up Selective would of the World for National Guardsmen and trainees Service retain Act their and benefits a provision whereby under the Railroad Retirement Act. training before Jan. 1, providing that they do not have de¬ pendents Defense not excused by the local boards for or are broadly outlined in the bill. Additional quently be called but under the terms of the Congress subse¬ the measure, of the two Congress emergency reduce the number to be drafted each restricting the appropriations to In cover year by the trainees' expenses. anticipation of the start of the draft and coincident with the President's men singing of the draft in the first measure, 60,500 guards¬ contingent of the National Guard to serve on of . went into training. Although the Senate debated the Burke-Wadsworth bill for nearly a month before it passed it changed Senate version, with the Senate Aug. 28, the House the second on from respects The House refused three sections of the to the concur In the measure. days could through voluntary, one year enlistments; in the House modified the Senate's drastic industry conscription amendment by providing for the tak¬ ing over of recalcitrant concerns on a rental basis rather then through condemnation proceedings; and in the third place, the House extended the age limits of those who would be subject to registration and service Senate had approved a 21-31 age from limit.) 21 to After 45. (The some diffi¬ culty in getting the initial agreement approved, the conferees went back to work and emerged on Sept. 14 with a second the President's the second war The House approved the Sept. 5 and the Senate As signed by the President over a on Sept. 9, the bill establishing 18,000 military planes, and for starting construction two-ocean Actual cash appropriations in the Navy. bill amount to about $2,700,000 while authorizations. constitutes Department announced Sept. 7. on place, Se£>t. 6. after the President had important first place, the House favored delaying the draft for 60 and in the meantime seeing if a sufficient number of men not be obtained developed last spring. relatively quick order and approved the some upon major defense bills he has submitted since the in last month acted in measure, on action appropriation request, and mechanizing an army of 1,200,000 men; for the purchase of measure defense contains appropriations and authorizations for of recently passed completed conference report on the measure on under the Federal Government in accordance with the terms a has $5,246,000,000 number of draftees in any one year must not exceed 900,000. may Appropriation—Battleships Ordered reasons will men it had let contracts to allocated ships, vessel. to which The navy con- Sept. 9 that, within two hours on signed the defense appropriation bill, private shipbuilding yards and had yards the construction of 200 fighting included seven order, which the Navy at one the remainder Moving speedingly the Navy battleships, was and one repair the largest ever placed b^ time, will ultimately cost the Government $3,861,053,312. Destroyers Exchanged for Air and Naval Bases Congress was presented with field of international affairs on a major fait accompli in the Sept. 3 in the form of an agreement President Roosevelt reached with British Prime Minister Churchill whereby the United States acquired the right to construct naval and air bases at eight British-owned strategic continental and island points in the Western Hemisphere. MONTHLY REVTEW 2 Excess Profits that the conferees having difficulty in were $150,030,000 appropriation to provide ho sing of the armeci forces in accordance with a request from the National Defense Advisory Commission. The program would be carried out under the direction of the Federal Works Agency. authorizing Tax question of devising an excess profits tax was appar¬ ently stumping Congress last month. Both Houses had passed a tax measure but the provisions were so divergent The effecting a com¬ As a result, the provisions of the tax bill promise bill. giving industry an opportunity to amortize investments in new plants it constructs for national defense orders in five years instead of the usual 20, and for eliminating the present restriction on profits on aircraft and shipbuilding orders were held up. Following an extraordinary session on Sept. 29 (Sunday), the Senate and House conferees completed action on a compromise tax bill. Most of the Senate pro¬ visions are retained in the conferees' agreement although the Connally amendment, providing steep taxes on personal and corporate incomes in time of war, was eliminated. The principal provisions of the Senate bill mentioned below were included in the joint accord. In addition the legislation imposes additional graduated "excess profits" taxes on all corporations, not specifically exempted, ranging from 25% on profits not exceeding $20,000 to 50% on all over $500,000; permits corporations with earnings of less other a facilities for defense industry workers and members Secondly, the House on Sept. 19 and the Senate on Sept. 20 calling for an appropriation of $338,263,902 to passed a bill provide housing for those drafted into the Army in the com¬ ing year. The measure, which was signed by the President on Sept. 25, carries $329,519,920 for the construction of buildings, utilities, flying fields and other facilities, and $8,744,000 for the purchase of land. The former sum would supplement the $128,000,000 provided in the recently ap¬ proved defense appropriation bill for the housing of the National Guard during its year's Federal service. Loans America was South to America and China policy of cooperating with South implemented on Sept. 26 when the President United The States' signed the bill increasing the lending authority of the ExportImport Bank by $500,000,003 so that loans may be made to South America to fortify the Latin American economic structure. Congress completed action on the measure on unused portion of their Sept. 20 when the Senate adopted the conference report which corporation^ a flat excess the House had approved on Sept. 14. The bill passed the profits tax exemption of $5,000; permits amortization over a House on Aug. 21 and the Senate, in amended form, on five-year period of the entire cost of new facilities completed Sept. 11. The bill accomplishes its purpose by increasing the for defense purposes after June 10, 1940, and suspends opera¬ borrowing power of the Reconstruction Finance Corporation tion of the profit limitation on ship and aircraft manu¬ by $1,500,030,030. One third of this sum will bo given facture imposed by the Vinson-Trammell Act during the by the RFC to the Export-Import Bank to expand its loans emergency. . ; ..... while the remainder will be used by the RFC for defense The Excess Profits Tax measure, which had been ap¬ loans in this country. The first use of the new lending proved by the House under a gag rule on Aug. 29, was power was made on Sent. 24 when the Bank authorized a favorably reported by the Senate Finance Committee loan of $4,600,000 to Costa Rica to help finance the Panon Sept. 11 and passed by the Senate on Sept. 19. In American highway. The day before the President signed than $25,000 to credits for one over carry year; any grants all _ passing the measure, the Senate concentrated its efforts upon making the measure more an excess profits measure than merely a measure increasing taxation although the be accomplished was some¬ final version of how this was to The Senate version of the bill would in¬ tax rate on corporate income in each bracket by 3.1%; it would impose an excess profits tax on all profits in excess of average earnings or earnings in excess of a certain percentage of "invested" capital (the average would be the earnings for the years 1936 to 1939 while "in¬ vested" capital would constitute "equity" capital plus 50% of "borrowed" capital); it would permit affiliated companies to file consolidated tax returns of excess profits taxes; and it would take care of plant amortization and suspension of profit limitations as mentioned above. Just before passing the bill, the Senate on Sept. 19 approved an amendment by Senator Connally which would automatically impose a steeply graduated scale of taxes on individuals and corpora¬ tions in case of a declaration of war by Congress. The rates would range from 10 to 80% on individual income, and from 35% to 60% on corporate income. At the same time, the Senate defeated an amendment which would pre¬ vent the future issuance of tax-exempt bonds by Federal, State and local governments and an amendment which would provide for forced loans to the Government in case of national what jumbled. the crease normal the bill a $25,000,000 of Defense steel mill. While every effort was being made to speed the of the national defense weapons for which tion construc¬ Congress provided funds, the Defense Commission last month prepared a set of principles and a declaration of policy which it is adhering to in coordinating the various segments of the industrial community in the national defense effort. The President considered the Commirdon's documents of such has importance that he transmitted them to Congress in a special The theme of the Commission's declaration was that "speed of delivery of all items on the defense program is essential." on 13. Sept. Iron and Steel Scrap Embargo whereby the United States will construction of a Brazilian-owned The U. S. will exercise authority over the new only in so far the loan contract as are project. Senate Ratifies Eurooean Treaty of Havana Colonies with refer¬ the exportation of national defense materials, were taken as a result of Japan's desire for a to for her States it' was against Japan of French Indo-China after the United clear its desire for a oreservation of the considered invasion had made direct retaliation the Far East. Previously, the President Sept. 12 the export licensing system to include equipment, plans and specifications for producing aviation gasoline and tetraethyl lead and information useful in the design or construction of aircraft and aircraft engines. "status quo" in had extended on Defense Housing be trained under the Selective Service Act unless adequate housing and feeding facilities are pro¬ vided, and because the national defense industries in some sections of the country are experiencing difficulty in finding lodgings for the many new workers they find It necessary to employ, Congress passed two bills last month to facilitate the construction of national defense housing. First, the Because House on Providing for Administration of in the Americas Possessions The Senate on Sept. 27 by voice vote unanimously ap¬ proved the convention, entitled "Convention on the Pro¬ visional Administration of European Colonies and Possessions in the Americas," which was signed at Havana, Cuba, on July 30, 1940, by the Foreign Ministers of the 21 American Republics. The convention is intended to take care of the transfer of non-American possessions in the Western Hemi¬ sphere. It had been approved by the Senate Foreign Re¬ lations Committee on Srpt. 24 by a unanimous vote. no one Sept. may 10 passed and sent to the Senate a bill Legislation all forms of transportation except air carriers was given to the Interstate Commerce Commis¬ sion in the Omnibus Transportation Bill which was signed by the President on Sept. 18. The Senate ended the long consideration of this measure on Sept. 9 by approving a House-approved (Aug. 12) conference report. Strictly a compromise measure, the bill does not satisfy all those connected with it. Briefly, the measure clarifies the mechanics of consolidation but makes impossible the attain¬ power ment of economies compensation up over through consolidation by providing that to four years be paid to workers who might displaced by consolidations ana reorganizations. Inland, coast-wise and intercoastal water carriers, except certain be land transportation, would be brought under regulation by the ICC. both "new order" in Asia, and nrior to her signing of a mutual assistance pact with Germany and Italy on Sept. 27. The President on Sept. 26 ordered a complete embargo on the exportation of all types of scrap steel and scrap iron except to Western Hemisphere nations and Great Britain. Importance was attached to the embargo, which becomes effective on Oct. 16, of which because and types not competitive with " President Roosevelt took two actions last month China to be it is necessary to see that the terms of carried out. The Brazilian Govern¬ ment, in conjunction with Brazilian savings banks and private investors, will also contribute $25,000,000 toward the mill Increased Effort to loan $20,000,030 for the Transportation Coordination ence granted was had been signed with Brazil emergency. message loan by $30,000,000 worth of tungsten which the U. S. is acquiring from China to build up its reserve stocks. On the day the President signed the bill (8ept. 26) Jesse Jones, Federal Loan Administrator, announced that an agreement secured Miscellaneous Legislation Congressional activities last month were: Establishing Neaf Nationality Code—The House ap¬ Other important BUI proved on Sept. 11 a measure which would help to rout prevent alien Communists, Nazis and Fascists from becoming United States citizens by sub¬ "fj th columnists" and stituting a new code for all existing nationality and citizen¬ ship laws. Bill Authorizing Navy to Build Drydocks—A bill authoriz¬ ing the Navy Department to build a $10,000,000 graving drydock in New York Harbor capable of accommodating the largest Naval ships built or building, to construct a $7,500,000 graving drydock in the Caribbean aiea and to spend $5,180,000 on improving the South Boston drydock was passed by the House on Sept. 9 and by the Senate on Sept. 12. The President signed it on Sept. 19. Bill for Labeling Woolen Products—The House passed on Aug. 30 a bill requiring that fabricated articles containing wool shall bear labels showing their exact fiber contents. A similar meajure was approved by the Senate last year (July 21, 1939), thus necessitating a conference on the two versions. The House approved the conference report on Sept. 25 and sent it to the Senate. Bill to Permit Use of Government Contracts as Bank Collateral '—The House on Sept. 24 passed a bill permitting Govern- MONTHLY REVTEW Oct., 1940] ment contractors to assign their claims against the Govern¬ Ending institutions as secuiity for advances made for plant expansion and purchase of materials. The legislation, which now go?s to the Senate, is designed to speed the letting of defense contracts and open the way for small contractors to participate in the defense piogram. Bill Appropriating Funds for Civil Functions—The first supplemental civil functions \appropriation bill carrying $267,733,728 was passed by the House on Sept. 23 and sent to; the Senate. The measure included $207,475,727 in cash and $60,258,001 in contract authorizations. Of the total amount carried in the bill, the sum of $153,855,660 is in items for civil agencies directly related to the nationalment to bank other or defense program. Bill Reducing FDIC Assessment Rate—The House Banking Currency Committee on Sept. 25 favorably reported a bill proposing a reduction in the assessment rate of the Federal Deposit Insurance Corp. from the present rate of 1-12 of 1% to 1-14 of 1%. This bill also raises the amount of deposits which may be insured by a bank for an individual depositor from $5,000 to $10,000 and also authorizes the Federal Deposit Insurance Corporation to invest a building and to house its activities. Bethlehem Steel Settlement of Co, Strike Lackawanna at Plant Settled labor dispute at the Lackawanna plant of the Bethlehem Steel Co., Buffalo, N. Y., which union officials asserted resulted in the walkout of 4,000 employees, was announced on Sept. 14 by the Steel Workers' Organiz¬ ing Committee of the C. I. O. Ground for the walkout was alleged to be "company discrimination" against certain union members and refusal of the company to meet a union grievance committee. The men agreed to go back to work provided all employees involved in the dispute returned on a "status quo" basis, according to the union. Bus a Drivers End Strike Rockland, N. on and Bergen County, N. J., to New York City after settle¬ ment of the strike, which began Sept. 20. The striking drivers, whose pay now will be 78 cents an hour, compared with 75 cents paid them previously, were ordered back to work immediately. Originally the union had asked for 90 cents, to which the company countered with an offer of 77 cents. The drivers The strike cents. was then lowered their demand to 78 called when both sides refused further concessions, although they had agreed on all other points for a new contract to replace one which had expired on Sept. 15. Jesse H. Jones Sworn in The Senate Hopkins, Present Secretary of Commerce—To as Post of Loan Continue Administrator Sept. 14 confirmed the appointment of Secretary of Commerce succeeding Harry resigned.' Mr. Jones is now Federal Loan .lesse H. Jones L. in on as Administrator and will continue to serve in that post in ad¬ dition to the Secretaryship. A joint resolution permitting this was passed by the Senate on Sept. 10 following its adoption the previous day (Sept.-9) by the House. The nomination was submitted to the Senate by Preisdent Roosevelt on Sept. 13. Mr. Jones' total compensation will be that provided by law for the Secretary of Commerce. Mr. Jones was sworn in as Secretary on Sept. 19 at a formal White House ceremony in the presence of President Roose¬ velt. The oath was administered by Stanley Reed, Associate Justice of the U. S. Supreme Court. Charles Fahy Named by President Roosevelt as Assistant Solicitor General Charles Fahy, General Secretary Administer of State European Welles Narked on Special Board to Colonies in Western Hemisphere Sumner Welles, Under-Secretary of State, has been named United States representative on the Emergency Committee for the Provisional Administration of European'Colcn es and Possessions in the Americas, it was announced by Secretary The action was taken under the Act of by the Foreign Ministers of the American Republics at their meeting in Havana on July 30. Hull on Aug. 29. Havana adopted Representative Sam Ray burn Death of Elected Speaker of House Following W. B. Bankhead Representative Sam Rayburn of Texas, majority leader four years, was elected as Speaker Sept. 16, following the death of Speaker William B. Bankhead of Alabama. Mr. Bankhead, who had been a member of the House of Representatives since 1917, and served as its Speaker since June 1936, died in Naval Hospital. Washington, on Sept. 15. As in the case of his predecessor, Mr. Rayburn was elevated to the speakership by acclama¬ tion. Representative John W. McCormack of Massachu¬ setts, was named majority leader of the House on Sept. 25 by a Democratic caucus, defeating Representative Clifton A. Woodrum (Dem.) of Va., by a vote of 141 to 67. of the House for the past on Col. Connally Appointed to National Advisory Committee for Aeronautics Col. Donald H. Connally, Army Engineer Corps, was appointed by President Roosevelt on Sept. 6 as a member of the National Advisory Committee for Aeronautics. Col. Senate Confirms Appointment Member of Commander of Maritime H. L. Vickery as Commission The Senate on Sept. 24 confirmed the appointment of Commander Howard L. Vickery, United States Navy, to be member a of the United States Maritime Commission for the unexpired term of five years from April 16, 1937, succeed¬ ing Edward C. Moran Jr., resigned. President Roosevelt the nomination to the Senate earlier that same day shortly after approving a bill, passed by Congress, allowing Commander Vickery to serve in the civil post. Congressional authorization was necessary since the Commander is on the active list of the Navy. sent Myron C. Taylor, President's Personal Envoy to United Vatican, to Return• States Myron C. Taylor, personal iepresentative of President Roosevelt to the Vatican, returned to New York on Sept. 6 Mr. Taylor performed in Italy conferred with President Roosevelt at his Hyde Park (N. Y.) home on Sept. 9. Mr. Taylor was received by Pope Pius XII last February. aboard the American Export liner Excalibur. who is recovering from a recent operation New French Ambassador Presents Credential4*to President Roosevelt Gaston Henry-Haye, the new French Ambassador to the United States, arrived in New York on Sept.'6 aboard the Yankee Clipper plane. The new Ambassador succeeds Count Rene Doynel de Saint-Quentin, who has been appointed French Ambassador to Brazil. He presented his credentials to President Roosevelt at the White House on Foreign Sept. 13. Relationa Throughout the month of September it became ever more clearly with countries United States. and the problem of American relations is one of the foremost facing the The question probably is quite as important the of that as that apparent fore.gu third term Roosevelt President that seeks, tied up with that effort. Under the skilful guidance of Mr. Roosevelt the country became ever more war minded during September, and steps were it indeed, may, taken that may be still be "short of war," but certainly not by margin. The President announced on Sept. 3 an agreement with the British Government, whereunder 50 any great so-called over-age American destroyers were transferred to the British Navy, in return for the States of number of military a acquisition by the United bases in the Western Hemi¬ sphere possessions of Great Britain. The destroyer transfer was a clear violation of The Hague Convention of 1607, which prohibits the transfer by neutral to a a belligerent Power, during war-times, of warships, ammunition or war materials of any kind is logue the to Hull The in recent base dicker represented the most destroyer-military essayed flagrant intervention sad epi¬ about the observance of years by Secretary of State nations. other to a homilies numerous delivered treaties Cordeil Since the United States whatsoever. the destroyer incident supplied signatory, a so far .in the European war by Mr. Roosevelt. Steps also were taken, moreover, with respect to the undeclared war in the Far East. As the Japanese aggressors moved through French Indo-Cliina for an attack on the Chungking Nationalist regime of General¬ issimo Chiang Kai-shek, the Roosevelt Administration an¬ nounced Counsel of the National Labor Relations Board, was nominated by President Roosevelt on Sept. 6 to be Assistant Solicitor General of the United States, succeeding Colden W. Bell, resigned. The Senate confirmed the nomin ion on Sept. 25. Under Connally has been Administrator of the Civil Aeronautics Authority since last July when he succeeeded Clinton M. Hester, resigned. Y., Lines About 100 buses of Rocklland Coaches, Inc.. were back in service on Sept. 21, on routes from Rockland County, N. Y., 3 i . of "loan" Sept. 25 a or. the Chinese Government to $25,000,000, which raises to $70,0u0,000 the advances made that to consist beit during country The China. against course for deliveries of future of the security of the the Japanese war advance will latest tungsten. President Roose- that measure on Sept. 26 by announcing that all grades of scrap iron will be prohibited begin¬ ning Oct. 16, save only to American countries and Great capped exports of These official American acts occasioned much per¬ Britain. turbation in of Japan, but they were accepted as an extension previous attitude manifested by the United States with respect to the Far Eastern conflict. The ranging of the United States, in these ways, on the side of the British and Chinese Governments, appeared to have the support of the majority of American citizens. It was recognized in many circles, however, that these steps the incline the country dangerously toward full military par¬ ticipation in the several foreign wars now in progress. A startling reminder that this is fully appreciated in the countries aggressor was supplied Shpt. 27 when Germany, Italy and Japan effected in Berlin a three-Power pact of mutual assistance against any country newly participating in the current wars. That this agreement was aimed directly at the United States was inescapable, and no effort was made in the capitals of the three countries to disguise intention. the into entry an press war by in every the emphasized that States would mean case United of 250,006,600 people against this country. pointed out that the United States would face war array was both the taken. rlie The either Atlantic The and immediate Pacific fronts reaction in if the plunge Washington was It on were that pact was much in line with State Department expecta¬ tions, and creates little change in a situation long known to have existed. This official attitude, however, cannot hide the fact that actual entry into either the European or MONTHLY 4 by the United States will be a military prob¬ exceeding in magnitude anything usually associated the Asiatic war lem tar with such a step. Destroyers ; arrangement- The President Roosevelt whereby 50 American destroyers turned to the British "informed" in a special communication of the actual arrangement. Texts of notes exchanged at Washington by Secretary Huh and the British Ambassador, Lord Lothian, also were madt available. Mr. Roosevelt's complaisant Attorney General Robert H. Jackson, produced a tortuous "legal" opinion supporting the acts of the President, and this also was Congress mereiy was supplied the first news transmitted to Congress. Congress Mr. Roosevelt Newfoundland and Ber muda are gifts, "generously given and gladly received.' Other bases mentioned in the correspondence are acquired in exchange for 50 of our over-age destroyers, he said In his special communication to the right to bases in that stated 50 destroyers not essential to the defense <£ the affecting the Second Hague Convention are United States. Considerations tories presidential decision that the swap would not require the approval of the Senate. Despite the constitutional require¬ ment of Senate approval of foreign treaties, the President held this to be a matter solely for his own decision, and which the of which the United States and Germany are but Great Britain is not, were brushed aside at of 1907, for Bases Government in return tor military bases was foreshadowed by many reports of previous weeks and months. It constitutes in many ways a most startling departure, not the least important being a over REVIEW signa¬ Wash¬ according to a dispatch to the New York "Times." prohibits the support in any manner, directly or indirectly, of a belligerent Power by a neutral Power, by warships, ammunition or war materials of any kind whatsoever. An unnamed State Department spokes¬ man was said in the dispatch to have maintained that "no act was involved that could legitimately be construed as a hostile act unless somebody looking for trouble desired to do so." Secretary of State Cordell Hull, who necessarily must accept responsibility for such comments, heretofore has been the world's leading advocate of the sanctity of international treaties. The State Department spokesman was quoted in the New York "Times" dispatch as saying that one becomes tired of technicalities when faced by a ington, The convention movement. Churchill alluded to the de stroyer-naval base agreement on Sept. 5, in the course of a general accounting of the war to dpte, and he reflected the same sort of uncertainty as to the status of the destroyer deal that prevails also in the United States. He expressed great satisfaction over the arrangement, but insisted that no one should read into it more than is on its face. Mr. Churchill scoffed at the idea that the move might be con¬ trary to international law, and asserted that it does not in the slightest degree affect the non-belligerency by the United States. "There is no doubt," lie also declared, "that Herr Hitler will not like this transferrence of destroyers; no doubt he will pay the United States out if ever he gets the chance." There will be no delay in placing the destroyers in active British service, according to the Prime. Minister, for "by the long arm of coincidence" British crews were terrific and dangerous world Prime Minister Winston inconsistent in any sense with our status o, presidential statement continued. "Still less is it a threat against any nation. It is an epochal and farreaching act of preparation for continental defense in the face of grave danger. Preparation for defense is an in¬ alienable prerogative of a sovereign State. Under present circumstances this exercise of sovereign right is essential to the maintenance of our peace and safety. This is the most important action in the reinforcement of our nationa meeting them at Canadian ports. The naval and air base defense that has been taken since the Louisiana Purchase. part of the arrangement also caused apparent satisfaction Then, as now, considerations of safety from overseas attack to Mr. Churchill, who remarked that the "armed naval and were fundamental. The value to the Western Hemisphere of these outposts of security is beyond calculation. Tlieii air frontiers of the United States have been advanced along a wide arc into the Atlantic Ocean and that this will enable need has long been recognized by our country, and especially them to take danger by the throat while it is still hundreds by those primarily charged with the duty of charting anc organizing our own military and naval defense. They art of miles away from their homeland." essential to the protection of the Panama Canal, Central American Defense America, the Northern portion of South America, the An¬ While the Administration in Washington engaged in its tilles, Canada, Mexico and our own Eastern and Gulf sea disquieting moves in the delicate sphere of foreign policy, boards. Their consequent importance in hemispheric de every effort was pushed by Congress to supply the means fense is obvious. For these reasons I have taken advantage for full preparedness against any eventuality, and any of the present opportunity to acquire them." requirement of defense. The national uneasiness caused by Accompanying this communication from President Roose¬ Mr. Roosevelt's transfer of 50 destroyers to Great Britain, velt to Congress were, primarily, letters exchanged on Sept. 2 between Lord Lothian and Mr. Hull. The British in return for military bases, was partly answered by the President on Sept. 11, when assurances were given publicly Ambassador referred to the friendly and sympathetic inter¬ that everything will be done to keep war away from our est of the British Government in the security of the United shores for all time. Some comment was caused by dis¬ States in particular and the Western Hemisphere in general closures that bases had been offered to the Administration London, according to this letter, undertook to secure tin by several Latin American nations, without apparent notice grant to the United States, freely and without considera¬ from Washington. Costa Rica, it appeared, had offered to tion, of naval and air base leases on the Avalon Peninsula the United States the island of Cocos, 400 miles offshore and the southern coast of Newfoundland and on the east in the Pacific, which assuredly would have great value coast and the Great Bay of Bermuda. Setting aside mone¬ as a protection for the Panama Canal. After Costa Rica tary or commercial considerations, Lord Lothian continued, made this disclosure, Mr. Roosevelt said that the matter Great Britain will make available to the United States for was under consideration. Uruguay previously hdd offered immediate establishment and use naval and air bases on base sites within its borders for general use by the American the eastern side of the Bahamas, the southern coast of nations, but no attention was paid to this proffer by Jamaica, the western coast of St. Lucia, the west coast of Washington. Trinidad, in the island of Antigua and in British Guiana The problems of joint Canadian United States defense within 50 miles of Georgetown. All such bases and their were surveyed on several occasions by the Defense Commis¬ facilities will be leased to the United States for 90 years, sion of the two countries, appointed in August by Washing¬ free from all rent and charges other than those required ton and Ottawa. F. II. LaGuardia, as the Chairman of the by compensation of any owners of private property involved. American section, announced after a Washington meeting Exact locations and grounds of the bases are to be deter¬ on Sept. 11 that "our plans cover the very best contributions mined by mutual agreement. The Lothian letter indicated each country can make to the common defense." He indi¬ merely that the quid pro quo would be "naval and military cated that there is no intention in Washington to seek fur¬ equipment and material which the United States Govern¬ ther military bases in Canada, to supplement those leased ment will transfer to his Majesty's Government." Secretary in Newfoundland. The Washington session was the second Hull, in his reply, "gladly accepted" the proposals and added held by the joint commission, which thereafter appeared to that in consideration of the proposals the United States will find little of interest in the situation. A surmise that the transfer immediately to Great Britain 50 United States joint commission constitutes little more than a political destroyers generally referred to as the 1,200-ton type. maneuver might appear to have some justification, especially Attorney General Jackson's "legal" opinion upholding the in these days of war hysteria and impending elections. transfer of destroyers for British bases needs no extensive Also of primary importance is a military conscription reference, since it is a mere product of design. Mr. Jackson measure, passed by Congress and signed by President referred ponderously to statutes which prohibit the sale to Roosevelt on Sept. 1G, which saddles this country for the warring foreign Powers of naval vessels being constructed first time during official peace with the European system for such purposes in the United States. He found that the of war preparation. Under this measure, which violates sale of small "mosquito boats" would be a violation of law, some of the soundest American traditions, all men aged because they are not yet completed. Straining mightily at from 21 to 35 years, inclusive, must register. A proclama¬ this gnat, Mr. Jackson proceeded to swallow without tion naming Oct. 10 as the registration, date was issued by trouble the camel of a transfer of completed vessel, the Mr. Roosevelt. It is estimated that 1G,500,000 men will difference apparently being that the latter are not currently register, while initial drafts are not to exceed callsi into in the course of construction for the purpose of sale. That service of 400,000 men. Mr. Roosevelt called successive (he transfer of the 50 ships violates the spirit of covering groups of National Guardsmen into service, and the mili¬ American laws is sufficiently evident from the tortuous tary force of the country thus was augmented to a degree. "opinion" rendered by Mr. Jackson. By similar twisting Enormous sums were voted by Congress for military out¬ and squirming the Attorney General held that the transfer lays, the aggregate of the current session for this single of destroyers could be effected as an executive agreement, purpose being placed at approximately $15,000,000,000. effective without ratification by the Senate. Certification Congress struggled throughout September with an excess by appropriate staff officers was regarded as necessary by profits tax measure designed to meet at least a part of the the Attorney General, and Admiral Harold R. Stark filled arms costs. Like many other Roosevelt Administration that gap by certifying, as Chief of Naval Operations, that "This is not peace," the measures, tlie proposed tax punitive to the bill seemed more Not much against the Japanese, depend largely upon the United States for their ferrous metal. This complex situation suddenly was rendered more difficult than ever by the Japanese signature of the new pact with Germany and Italy. That treaty asserts the recognition and respect by Japan of German and Italian leadership in the establishment of a "new order" in Europe, of defense are steps taken wiui respect to the vast area from the Rio Grande to Patagonia, for it is axiomatic that this region is vital to the defense of the United states. Unfortunately, the Ad¬ and be determined upon a difficult to justify. Dis¬ ministration in Washington seemed to in this connection which is course might have some Washington upon financial assistance to the hard-pressed Latins. C°11_ gress adopted an Administration bill providing for $500,000,01)0 of loans to Latin American countries, through the mechanism of the official Export-Import Bank of Wash¬ ington, and Mr. Roosevelt signed the measure on Sept.^ 20. 11ns inaugurated a new phase in the relations of the United of naval base sites which importance, all attention was centered in regarding proffers with ►States The ink so-called its Neighbors" "Good probably will be made at frequent intervals. indicative of the new American policy regarding Also is an with the Dominican Republic, accord 24, which modifies previ¬ revealing manner. The adminis¬ tration of Dominican customs, heretofore in the hands of a citizen of the United States, is to be turned over to^ a announced at Washington on Sept. understandings in ous a in the European immediately. the Battle Aerial warfare of the September, between the highly a important of possibly because of ameliorating suggestions from Warren Lee Pierson, Presi¬ dent of the Export-Import Bank of Washington, who hap¬ pened to be in Buenos Aires at the time. There was a the of end decided diminution of America Latin the month, of fifth column rumors activities in one dispatch from propaganda directly obtain loans from apprehensive Uncle Sam. to the. desire to developed during beggar and Germany, description. the and Occasional horrors air raids of by Germany against Great Britain, and the similarly sporadic raids night stand win Britain. and British of munications, the as It fliers over German on and cities com¬ intensified beginning Sept. 7. were beginning marked the during the day, of craft of the sudden That date Battle of Great real both at night appearance, squadrons of German, air¬ enormous British cities and military objectives. The gauge battle of rons promptly was taken up by British fighter squad¬ over the British Isles, and by heavier bombing attacks the German on were concentrations heard of it invasion of England barges and ships were the Channel, opposite Eng¬ Chancellor Adolf Hitler withheld that effort, if to is be the aerial grave questions world will made It arm. all, and depended completely is thus possible that military of settled be at history along with This is the question battle. an throughout September, and German in great numbers on But indeed upon Much talk of points. the Gontinent land. one of the confronting now the the issue of the current of naval which advocates of the two branches or are aerial superiority, debating. Fuil details of the great war in the air are not available, and September, during Rio de Janeiro linked the fifth column "all-out" variety Britain Great reported by of Britain the latest tactical move in the great struggle as conflict actual removed affected by the agree¬ are not ment. particular importance. Argentina an¬ nounced on Sept. 20 some restrictions on the flow of United States merchandise into that country, but these stops were outbreaks It is specifically stated that the relations of signatories with Russia turmoil in various Latin American countries, but there were uo The contracting parties Asiatic wars. or that the pact will endure for 10 years, and provision is made for renewal. Technical consultations are to begin agree from and Dominican, Mutual assist¬ agreed upon in the event of an attack upon any of the three Powers by any country not at present involved safeguard for holders of $15,250,000 Dominican dollar bonds thus is viti¬ ated. The customs revenues were a specific pledge for pay¬ ment of the Dominican debt service, but this is now to be replaced by a general pledge, notwithstanding the light manner in which such pledges are regarded in Latin Amer¬ ica. Some indications were available, as usual, of political native to Japanese leadership in as is ance the south. to fresh advances Latin America comparable assertion a Eastern Asia is made by Rome and Berlin. announced, and and $20,000,000 to Brazil were to Costa Rica while hardly dry before loans of $4,000,000 the bill was on particularly hard blow was a who important to the United States than our in Latin America less measures The scrap iron being directed x>atently at Japan. embargo Latin America of all grades of scrap iron, both bargoed the exportation measures experts than efficacious in raising revenues. own 5 MONTHLY REVIEW Oct., 1940] owing to censorships and the inevitable inadequacy ports even when censors are not too harsh. of re¬ It is the human side of the Japan and the Axis Terms and conditions under which Japan man-Italian peculiar Protected on of the which pact are of United States, since the obviously is directed against this country. conversations announcement augmented an in for importance arrangement so date Powers Axis joined the Ger¬ the Rome in signatures and Berlin preceded the Sept. 27, which also was the pact on were affixed. It was at first supposed that the discussions related to any participation in the great conflict which Spain might be induced to assume, for the Spanish Minister of State, Ramon Serrano picture that so far has been presented in greatest profusion, and the strictly military effect of the aerial war is partly a matter of guesswork, to date. Enough informa¬ tion has been supplied, however, to formulate a picture of dreadful destruction of homes, and disruption of life, in the great cities attacked. The air bombings of Spanish and Chinese cities, during recent years, seem paltry when com¬ pared with the furious strikes of the German air force against London and other British cities. The German aerial armada latter far outnumbers its sent shixis over that of Great Britain, but the Berlin and other German cities with great regularity, causing extraordinary damage. The populations of the two great cities adjusted themselves as best they could to war conditions that made civilians the Suner, was at Berlin throughout the talks. The principal surprise of the treaty was, therefore, the exclusion of Spain, rather than the inclusion of J apan. The importance of the first line of attack. arrangement is not minimized by such considerations, how¬ adequate than those from Berlin, so far Spain would add little to its effectiveness since ever, re¬ Every commentator recognized specting the United States. that the treaty constitutes an attempt to keep the United States from actual military intervention in the several wars in progress, now States thus That was and a tribute to the power of the United indicated, consciously or unconsciously. was impelled into the arrangement by pre¬ of the month of September is quite clear. Bogged down in the effort to subdue China, the Japanese ceding Japan sought means Nationalist regime which for might attacking prove the Chungking effective and thus the way to that general conquest in Eastern Asia which is known to be their immediate ambition. The defeat open of France appeared to supply a possible avenue, through colony of Indo-China. Dispatches from the Far East stated early in September that demands for use of the French railway into the interior of China were being the French made by the Japanese. These demands widened and evenenally embraced the establishment of airplane bases along the border of Indo-China and China proper. French authori¬ ties reluctantly agreed to the Japanese demands, which were backed by force, and they also agreed to a landing of a "moderate" contingent of Japanese at the port of the City of Haiphong. Due warnings as to these occurrences uere supplied by the French Government at Vichy. But counter measures were taken by Great Britain, and the United States Government contented itself with vague warn¬ no Unimpressed by the Occidental opposition, the Japa¬ nese moved into Indo-China on Sept. 22, and French troops at first opposed the invasion strenuously. At the Port of ings. Haiphong, 2,000 opposition, Sept. 2(5, and it thus appeared that the Japa¬ nese reaction loan of on Japanese regulars were landed without wpre succeeding in their aims. The battle is concerned. intervals in the United $25,000,000 to China Sept. 25, and on States was in immediate, for a Washington announced at the following day Mr. Roosevelt em¬ and heard at were the x>cople learned soon frequent to head "bomb-proof" shelters. For not only the bombs the enemy, but also great masses of anti-aircraft shell of fragments came tumbling down, making life precarious. Industrial production was carried on rather well, after the initial sliock of this type of warfare xiassed away. The German raids on England assumed tensity on Sept. 7, and there is raids were maintained and no even a frightening in¬ blinking the fact that the increased at times, when¬ conditions weather permitted. On some occasions somewhere between 1,000 and 2,000 German planes swept over England, dropping bombs of varying types. The first ever German objective appeared to be the great ports and aerial bases of southern England, such as Southampton and Ports¬ mouth. Available reports do not admit much damage to the naval but it appears that stations, heavy destruction was London censors, after a week, per¬ mitted reports to go through that revealed the uselessness wrought in living areas. of of air number a terrific pounding bases of the near the German Channel, owing to the bombers. London, itself, was then victim of "German to a The city of aerial raiders, greater degree than any other British point. Sweeping estuary, scores and hundreds of German planes attacked the metropolis of the British Empire, all too often without appearing to seek military objectives. up the Thames The rain of destruction from the skies fell in fusion eastern upon greatest pro¬ the vast docking and industrial section of the of London, and enormous fires were caused areas by incendiary bombs. tics British aged. and The bombers soon varied their tac¬ by dropping their dead'y missiles in the heart of the capital, monuments of was Air raid alarms London, more this phase of the as for the many events militarists The reports from London are far with the result that some of the\ finest the superb old city were destroyed or dam¬ Buckingham fires Cathedral. in nearby Palace was hit on several occasions, buildings almost damaged St. Paul's Other churches were struck in numbers, and MONTHLY KEVIEW Dakar Reports from Berlin revealed that British bombers had dropped missiles near old landmarks of the German capital, occasioning damage and destruction. Each side blamed the other and "retaliated" ever more viciously for "indiscriminate" bombing by the other. The aerial fighting naturally was accompanied by enor¬ mous losses of aircraft, but the true account apparently must await the end of the conflict. With remarkable per¬ sistency, Great Britain claimed the destruction of approxi¬ mate^ three or four enemy aircraft to every British air¬ Incident hospitals also were hit. These reports were paralleled almost exactly by German claims of British losses in a ratio of three or four pianes to every German aircraft shot down. On some occasions, when the German aerial armada was at its great¬ est strength, British official statements said that upwards of 100 German airplanes were lost in a single day, and the record appeared to be 182. German claims were slightly more modest, but not appreciably so. The war at sea was conducted unremittingly, and it appears that considerable destruction of British shipping resulted. Little was known lost. plane regarding this phase of the reported the frequent sink¬ ing of British cargo ships, both through submarine and aerial attacks. Confident assertions were made in London that the shipping losses were not dangerously great. Nor was any apparent fear entertained in London as to the supply of food from other countries, upon which Great British the by Admiralty struggle, but German accounts Britain is tighter, as dependent. But belts were pulled restrictions 011 food consumption were heavily so closer announced. the course only one address in Hitler made Chancellor and this- was devoted to a highly belligerent ot the month, supposedly humorous warning of ever greater aerial attacks" and an eventual invasion. In the course of this speech, delivered Sept. 4, Ilerr Hitler threatened the razing of British cities, and intensification of the conflict until the British "war-mongers" were defeated. Prime Minister and several occasions before the He declared on Sept. 5 that British losses to that date were quite modest com¬ spoke Churchill Winston on House of Commons, in London. actual On Sept. 11 stake. pared to the majestic world issues at spoke disparagingly of the German aerial war Mr. Churchill Troubles of the Vichy regime in Gaulle, on however, planes effort to had secure equatorial colonies air over England is the he admitted, but asserted that it war, On this occasion Mr. Churchill conspicuously. failed German barge and ship concentrations across revealed that English Channel suggested the possibility of an early the invasion Again, attempt. 17, Mr. Churchill re¬ German concentra¬ Sept. on ported to the House, declaring that the tions were continuing but that British stroying the German ships rapidly. the Battle of Great Britain still indicated bombers were de¬ At the end of September in full swing, along was lines. Egypt Invaded War developments in turn Long propaganda preparations by the Italians pre¬ forces. this ceded the Mediterranean area took a new Sept. 14, with the invasion of Egypt by the Italian on step, tions of the British Protesta¬ aimed at is which obvious.y Suez. lifeline and its controls at Alexandria and friendship for Egypt were numerous in the Italian affected to see in the coming invasion a "free¬ British domination. Assertions were made, moreover, that such a move would coincide with a press, which ing" of Egypt from German gram invasion of The latter part of the pro¬ England. failed to materialize, but the Italians marched ahead just the same, and crossed the border of Libya and Egypt They were able to make rapid progress early 011 Sept. 14. for a with distance of approximately 80 miles, airplanes clearing the way. sands, over desert The forces Mussolini took the outpost of Sidi Barrani on of Premier Sept. 17, but during the remaining days of September they made 110 per¬ ceptible for progress, the British communications then area are reached was adequate. where Only sporadic fight¬ ing developed, possibly because the Italians found it saary Alexandria and the For the a neces- to halt in preparation for the next stage of their war. Canal remained far distant. Egyptian Government the Italian difficult problem, of matters Italian in Cairo to refrain sented 21 Sept. on from and and any resigned, quiescent or military to war but move the matter, declaration. they acceptance of the The Cabinet met moves. discuss were on Four decided and members dis¬ promptly replaced by party that preferred acceptance of the situa¬ This, of course, failed to stir the British from their others of the tion. determination to defend to the last their base at Alexandria the Suez. The British fleet was brought into action heavy shelling of the coastal road used by the Italians was reported. In other Mediterranean areas the struggle followed the pattern set in previous weeks of the great war and and Occasional aerial forays were made by the Italians against the British bases at Alexandria and Gibraltar, but no great damage apparently was caused. Retaliation by Great Britain less occurred on long-distance toward the able craft end were of all occasions. -bombing of There Italian was however industrial towns September, possibly because the avail¬ used in bombing German establishments declared their adherence to de Steel Trade—Non-Ferrous Metals reported a further expansion in steel pro¬ duction, with scrap prices rising to new high levels for the y^ar. In its issue of Sept 19, the "Iron Age" stated in part: "With steel requirements for the national defense program still a long way from their p^ak, producers are becoming more concerned over the possibility of a shortage of raw steel. Even now, with potential tonnage much greater than actual defense bookings of steel, the steel melting capacity of the country's leading plants is being pushed to maximum ca¬ pacity." The same publication on Sept. 26 said that "inquiries for shell steel totaling 200,000 to 300,000 tons, the largest so far under the national defense program, will develop into orders some time in October. In addition to these requirements for our own program, a British order for 12-inch shells, placed with an Eastern company, will call for about 20,000 tons of steel. Notwithstanding the heavy orders received by mills for structural shapes, many of the independent structural fabricators are operating at not more than 50%, as a great deal of the shape tonnage is being used at shipyards. At a meeting of the Concrete Reinforcing Steel Institute it was estimated that the defense program will take from 750,000 to 1,000,000 tons of rein¬ forcing steel over approximately 18 months." The maga¬ zine "Steel" of Cleveland, in its issue of Sept. 30 stated in part: "While heavy orders identified with the defense program still hold the spotlight in steel markets, expanding requirements of the railroads, automotive industry and miscellaneous consumers are important factors in sustaining total demand and production. Mill backlogs of most products are steady or heavier, as reflected in gradually lengthening deliveries on certain items. Structural shape deliveries have been backed up six to eight weeks, partly the result of awards for armament plants, and with the time element an important factor in placing of building contracts, The steel trade fabricators occasioned decision had to be reached a defense armed assertions since had weeks, and it appears that the French General, who has been condemned to death by Vichy in absentio, convinced London of the readiness of Senegal to follow suit. Vichy apparently got wind of the intention, for a new Governor hastily was installed at Dakar, and a number of French warships were dispatched from Toulon to Dakar. Why the French ships were permitted to pass Gibraltar is not clear, although some reports indicated a British hope that they were en route to join de Gaulle. Arrived off Dakar, the French contingent with its British naval backing attempted to negotiate a landing, but was sharply repulsed by the loyal French. Fighting promptly developed, and British warships participated. French ves¬ sels also took part in the battle, which resulted in the withdrawal of the, British and "free" French on Sept. 25. Two French submarines were reported sunk, and the British Admiralty admitted some damage and casualties aboard the English ships. The French version was that heavy damage was caused in Dakar by the shelling, and bitterness against England mounted in France. Retaliation was attempted in the form of - an aerial attack on the great British base of Gibraltar, scores of French airplanes sailing over from nearby Algiers and dropping heavy missiles, which the British claimed did 110 military damage. Soon after the French aerial attacks started British warships weighed anchor and sailed out of Gibraltar. The full mili¬ tary reason for the joint attack on Dakar is not yet clear, but the place has some strategic value as an airplane base. Gaulle, in previous of BOO to 400 Ger¬ England. The German over of the mastery whole the of crux sweeping were and the incident thus assumed to some degree the character of a British attack on a French colony loyal to Vichy. The move was a simple failure, and rapidly was written off by the British as a loss. Other French effort, even while admitting that fleets man France were suddenly Sept. 28, and the British Government also found itself in unaccustomed difficulties, owing to a curious attack on the French Senegalese port of Dakar, in Africa. The attack was made, to ail intents and purposes, by the "free" French forces of General Charles de Gaulle, which assembled in England after the fall of France. Great British naval units were dispatched to aid General de increased sections. are attempting to build up stocks of standard The Navy continues a source of substanital orders, although in the case of shipbuilding requirements steel de¬ spread over an extended period. Railroads placed more freight cars the past week than in any entire month so far this year. Fabricated shape and concrete re¬ inforcing bar orders hold at a brisk rate. Spurred by an active retail market, automobile production is expanding rapidly, with an accompanying stimulating effect on steel production. Pig iron buying and shipments expanded more noticeably in September, deliveries in most districts reach¬ ing the best pace so far this year. Finished steel prices generally are steady, although attractive tonnages occasion¬ ally bring out conc°ssions. However, dollar realization per ton of steel shipped this half appears likely to be well above the average return the first six months." The "Iron Age" composite price of steel scrap was increased from $19.08 a gross ton to $19.29 on Sept. 3, to $19.92 on Sept. 10, to $20.13 on Sept. 17 and to $20.29 on Sept. 24, the highest level since the first week of November, 1939, and $2.21 below the 1939 high established early in October, and also compares with $21.67 at the close of September of last year. liveries will be # 7 MONTHLY REVIEW Oct., 1940] Finished steel and placed for fall and winter 2.261c. had pig iron prices remained unchanged at pound and $22.61 a gross ton, respectively, as against 2.236c. for finished steel and $22.61 for pig irqn at the end of September, 1939. ^ The operating rate of steel companies having approxi¬ mately 97% of the steel capacity of the industiy, according to the a American Iron and Steel Institute, was scheduled at 92.5% for the week beginning Sept. 23, 1940 as against 92.9% for the preceding seven-day period (which was the highest rate since the week beginning Nov. 27, 1939 when it was 94.4%). It also compares with 91.9% for the week beginning Sept. 9, 1940, 82.5% for the week beginning Sept. 2, 1940 (a holiday week) and 91.3% for the week beginning Aug. 26, 1940. At the close of September, 1939, steel operations were reported to be at the rate of 83.8% of capacity; in the corresponding period of 1938 at 46.7%, and in the same week of 1937 at 76.1%. As to non-ferrous metals, "Metal and Mineral Markets" during the month under review reported in substance as follows: In spite or the heavy purchases earlv in September, the buying of major non ferrous metals continued active at the close and resulted in a general uplift in prices for copper, lead and zinc. Sales of copper in the domestic market dur¬ ing the week ended Sept. 24 amounted to 84,398 tons, against 14,506 tons in the preceding week, 134,493 tons during the week ended Sept. 10 and 20,847 tons during the week ended Sept. 3. Sales of domestic copper for the month to Sept. 24 are said to be the highest on record, totaling 241,052 tons, and compare with total deliveries during the month of August ot96^383"Tons7r The-qUOtatiw for copper was advanced on Sept. 5 from 11.00c. to 11.50c., Connecticut Valley basis, and was increased again on Sept. 24 to 12.00c. Buying of lead was in good volume during the week ended Sept. 25, sales for that period amounting to 12,101 tons, which compares with 3,925 tons in the previous week, 13,346 tons in the week ended Sept. 11 and 3,531 tons in the_ week ended Sept. 4. The price of lead was raised 10 points on Sept. 23, establishing the market at 5.00c., New York, and at 4.85c., St. Louis. Demand for zinc was strong and the quotation for Prime Western was increased 35 points to 7.24c., New York, on Sept. 5 and another 40 points on Sept. 23 to 7.64c., New York, or 7.25c., St. Louis, the highest quotation for zinc since Sept. 29, 1937 when the price was lowered 75 points from the latter figure to 6.50c., St. Louis. Sales of the common grades of zinc for the week ended been drawn down Inventories shoes. moderate to levels previously distribution as well above production for several months. Further improvement in retail shoe trade early in September focused ran attention on the low inventories which distributors have been carrying since 1937 and forced buyers into the market with orders which placed emphasis on early delivery rather than on price. The current run may be maintained well into the fall, notwithstanding reports that shoe factory operations in some sections recently have turned spotty. "Substantial quantities of leather changed hands a month ago. The bulk of the trading in sole leather was at low prices and demand has tapered off with the subsequent lifting of quotations. Side leather has had the principal demand among the various upper leather lines and some.tanners in this field are booked ahead through the remainder of the year or until the spring run normally get? under way. Prices have recovered most of the decline which took place late in the summer and the outlook is considered promising. Calf leather tanners have not increased operations to capacity but are in a comfortable position. "Hide prices rose by approximately 25% during the past month as tanners coverea against their substantial sales of leather. hide The market futures several for weeks has lagged behind the rise in spots. Its course has roughly paralleled the world market in Buenos Aires which dragged along at 8% cents throughout August but more recently has advanced to 10% cents as compared with 15 cents per pound last January. This net decline reflects the shrinkage in European demand for: hides during the war. As long as the conflict abroad continues the Southern Hemisphere markets may be expected to constitute a drag on domestic hide prices, whde it may take some time for the recent price advance to be absorbed. Meanwhile, however, the favorable out¬ look for shoes and leather should be the predominant feature in the situation." Grains After ruling for wheat steady during most of the past month, prices in domestic the montli-end The change due was policy. in markets were at rallied subsequently and the highest levels since June. sentiment, from that heretofore prevailing, almost of midst prices entirely plenty induced Although to the by the potential quate, the large amount artificial scarcity in the Government's agricultural supplies more are ade¬ being into loan than of grain going into loan or Sept. 21 totaled 6,989 tons, against 19,338 tons in the previous week, 18,459 tons in the week ended Sept. 7, and 11,621 tons in the week ended Aug. 31. Shipments of zinc involved 6,525 tons in the week ended Sept. 21, 6,721 held tons in the previous week, 7,040 tons in the week ended Sept. 7 and 6,335 tons in the week ended Aug. 31. Un¬ On Sept. 10 the Department of Agriculture estimated that the condition filled orders for zinc amounted to 91,066 tons at Sept. 21. Business in tin was quiet during most of the month, with total prices strengthening at the close on smaller offerings and an improved demand from consumers. 1 The price of tin at Sept. 30 was 51.50c., New York, as compared with 50.62 %c. at the end of August. The rate of tin-plate operations dui ing the last week of September was estimated to be at the rate of approximately 40% of capacity, as comna-red with about 55% at the close of August. previous and 754,971,000 bushels Lumber Movement According to reports to the National Lumber Manufac¬ turers Association from regional associations covering the operations of hardwood and softwood mills, lumber produc¬ tion during the week ended Sept. 21, 1940 was 0.05% greater, shipments 10% greater and new business 9% less than in the preceding week. Compared with the correspond¬ ing week of 1939, production was 9% greater, shipments 12% greater, and new business 19% less. The industry stood at 80% of the seasonal weekly average of 1929 pro¬ duction and 93% of average 1929 shipments. Reported production, shipments and new business for the 38 weeks ended Sept. 21, 1940, were, respectively, 8%, 6% and 7% in excess of the same figures for the corresponding period of 1939. For the 38 weeks of 1940 new business and shipments were 9% and 4%, respectively, above output. The ratio of unfilled orders to gross stocks was 31% on Sept. 21, 1940, compared with 27% a year previous. Un¬ orders were 15% greater than at the same time last year; gross stocks were 2% Jess. During the week ended Sept.' 21, 1940 a total of 506 mills produced 275,896,000 feet of softwoods and hardwoods com¬ bined; shipped 309,730,000 feet, and booked orders of 308,973,000 feet. Revised figures for the four preceding weeks filled follow: No. of Mills Production Shipments (Feet) (Feet) (Feet) 505 275.758,000 281.313,000 338.123.000 479 230,409,000 246.377.000 304.763.000 Aug. 31, 1940 480 259,518.000 282.502.000 323.874.000 Aug. 24, 1940. 509 270,164,000 273,016,000 356,965,000 Week Ended Sept. 14, 1940 Sept. 7,1940 ... j Orders Received Hides, Leather and Footwear The First National Bank of Letter," under date of as Boston, in its "New England Sept. 30, discusses these markets follows: "Shoe manufacturers are in their peak season. Following first half year and a cautious start on the fall run because of irregular hide prices, sentiment has improved appreciably ana substantial follow-up orders have been a poor off created in the some market rather a in anticipation of going tight situation in the cash localities, with the that resint wheat market prices of futures in order to attract additional "free" supplies of grain. rose of the wheat production this pared with estimate an and estimate the crop as of Sept. 1 indicated of 783,560,000 bushels season of 760,623,000 possibility bushels the a year ago. that as Canada month In view of this may harvest near-record crop in excess of 500,000,000 bushels, the situation in North a com¬ \merica is extremely unfavorable. a supply There will be about 1^930,006,000 bushels available in North Amer¬ ica during the 1940-41 season, or about 1,100,000,000 bushels in excess of actual domestic needs. With the European situ¬ ation as it is, there is little possibility that much of this grain can be exported. Although the United States has a carryover from last season of about 284,000,000 bushels, the Department of Agriculture's Sept. 1 estimate of production is considered not so bad as it seems, because it is believed that 350,000,000 bushels will go into loan privilege expires on Dec. 31. It is already esti¬ mated that 200,000.000 bushels have gone into loan or are approximately before the being used for feeding or seeding requirements. Moreover, producers are holding their supplies to see whether the 1939 year-end price rise will be duplicated this year be¬ fore they turn the grain over to the Government. Because the supply of "free" grain gradually dimin¬ of this tendency ished during the month, but in the presence of a sub¬ normal domestic demand for flour, this served only to steady prices rather than influence a firm rise. Toward the end of the month, however, an active domestic demand devel¬ oped when were it became evident that supplies of cash grain diminishing. Prices, therefore, moved forward and strength was added to their initial rise when mills Covered their hedges against grain sold to domestic consumers. In ordinary circumstances this would not have any material effect upon prices because supplies at this time are usually adequate. Under the Government's program of artificial scarcity, however, an entirely different picture is presented, with the result that the removal of hedges by mills against sales of flour to the domestic trade is becoming a large price-making influence. Traders, therefore, are of the opinion that prices will remain firm until sufficient grain is attracted from the loan to supply domestic needs. Weather conditions for the new winter crop were favorable during the nmnth, with seeding reportedly progressing rapidly. While moisture was generally adequate for this purpose, it was indicated that there is still a pronounced dry area in some sections west of the Missouri River and also that additional moisture could be used to advantage in giving the new crop a good start in the more eastern territory. Corn prices, subjected more or less to the same influences as wheat, moved largely in sympathy with the latter grain. Fluctuations, however, were confined within comparatively MONTHLY REVIEW 8 The Government loan continued to limits. narrow be by the impending availability of new crop supplies. A is believed to be safe from frost damage, and harvesting operations are broadening. Oats and rye pursued similar courses, with rye showing the most strength. In Chicago the December wheat option closed on Sept. 30 at 82%c. as against an opening of 76c. on Sept. 3. {Sept. 1 was a Sunday and Sept. 2 was Labor Day, a holi¬ day in the United States and Canada.) At Winnipeg the October wheat option closed on Sept. 30 at 71 ^c. as com¬ pared with an opening of 73%c. on Sept. 3. December corn in Chicago closed on Sept. 30 at 57%c. compared with an opening of 5'<%c on Sept. 3. December oats closed at 31 %c. compared with an opening of 29 %c. on Sept. 3. De¬ cember rye. closed at 45 ^c. as compared with an opening of llVaC. 011 Sept. 3. tent Textiles the large portion of the crop ing the past month, reflecting the better flow of goods in consuming channels, and the growing effect of Government buying for the national defense program. Retail business helped materially by favorable weather conditions pre¬ vailing during the major part of the month, and the impe¬ tus to consumer buying exerted by rising industrial activi¬ ties. Purchases were well diversified, covering a wide was of seasonable items as well as goods of more durable Late in the month a less favorable turn in weather conditions caused a mild setback in some sections range character. of Wholesale trading gave definite indica¬ decided improvement, as merchants, encouraged country. the of tions a retaii sales, were more inclined to previous hand-to-mouth buying policy and enter the market for forward commitments. Fears that the the acceleration in by their abandon purchases in connection with the defense program shortages in a number of important staple items heavy Sugar trades showed considerable improvement dur¬ The textile factor, hut this was balanced to some ex¬ chief sustaining may cause "futures" market developed and maintained The sugar a comparatively firm undertone during the past month, and moderate gains were scored. Buying was prompted largely by the belief that the Cummings bill, which would continue quota system through 1941, would be passed by Latest advices from Washington of a possible the sugar the Senate. indicated recess some delay, but there was little doubt that The opinion was ex¬ eventually would be passed. bill the pressed in some quarters that there was a good possibility being taken before the election recess. of action There* has been opposition to the Cummings bill from Louisiana pro¬ ducing interests, but it- is now believed that these interests will be Meanwhile, the trade watched with in¬ appeased. terest the situation in the Far East. in the event of trouble It pointed out that was developing with Japan the movement served also to increase disposition among wholesalers the replenish their stocks of merchandise. Raw cotton in September moved within a narrow range. Following an early mild recession, prices staged a gradual rally, but subsequently underwent another moderate setback. The out¬ standing event during the first half of the month Avas the to publication on Sept. 9 of the official crop report forecasting output of 12;772,000 bales, or 1,343,000 bales more than were in prospect 011 Aug. 1. This startling increase, how¬ ever, had surprisingly little effect 011 the market, as it Avas generally felt that its chief result would be a substantial an grovvth in the Government holdings of loan cotton. factors, ing moreover, Support¬ the continued absence of ex¬ were cessive Southern hedge offerings, due in part to the lateness but in the main to the steady movement of the of the crop, of sugqr from the Philippines, which supplies 15% of the annual domestic requirements, would be seriously impaired, staple into the Government loan stock, and the steady bet¬ terment in the domestic cloths markets stimulated by the might also be encountered in the movement improved movement of finished goods in distributive chan¬ nels, and the absorption of vast quantities of materials while difficulty the same amount as the Philippines. There were indications that pressure of offshore sugars was drying up, which in turn imparted a from which supplies nearly Hawaii, raw the following, all exclusive of of Sales of during the month were of small volume sugar consisted and refined section of the market. the better tone to Cuban On duty: Sept. 4, October shipment at 1.80c., and on Sept. 26, prompt The wholesale price for refined, immedi¬ ate delivery, was quoted at a range of 4.20c. to 4.35c. throughout the month. shipment at 1.85c. Coffee through governmental buying. These influences, hoAvever, offset to a considerable extent by the continued very were showing of the export movement, and fears that the joining of Japan to the Axis Powers may result in a fur¬ ther contraction of the few remaining foreign outlets for poor Spot cotton here in New York was After receding to a low of 9.57c. Sept. 7, the price recovered to a high of 9.S4c. Sept. 26, but subse¬ quently again reacted to' 9.69c. Sei>t. 30. Trading in the gray cloths markets Avas fairly active throughout the month, American the 9.78c. both with Prices in market for coffee the "futures' reversed their The im¬ during the past month and moved upward. trend provement was partly ascribed to an increase of $500,000,000 in the funds of the Export-Import Bank. It was expected that some of this new money available for loans would be used assist to Latin American coffee off the market. countries surplus to keep In addition to scattered speculative How¬ closing of European markets will mean growing surpluses here, continued to prevent any aggressive accumulation of inven¬ buying, covering of hedges helped to absorb offerings. the knowledge of consuming interests that the ever, Another factor which had a tendency tories. tivity of the price-raising Rio to check ac¬ the constructive side of the market was the failure Brazilian coffee leaders to evolve any important on measures Janeiro de at meeting a which was held in 31, June 29, May 31 and April 30; 0V2c. March 30; 6M>c.@6%c. Feb. 29, the same as on Jan. 31, against 6%c.@6%c. Dec. 29; 6%c.@6%c. Nov. 30; 6%c.@ 6%c. Oct. 31, and 6%c.@7c. Sept. 30. 6c. Aug. 30; 6^c. on July No. 7 Bio was quoted on Sept. 30 at 5c., against 5%c. Aug. 30; S^e. 011 July 31, June 29, May 31 and April 30; 5y2c. March 30: 5%c. Feb. 29; 5%c. Jan. 31; 5%e. Dec. 29; 51,4c. Nov. 30, the same as on Oct. 31 and Sept. 30. and GoAernment buying serving to constructions scoring substantial advances. Fall River for 28-inch to Print cloths at 64x60's advanced from 3%c. Aug. 31 3%c. Sept. 21, while the x>rice of 27-inch cloths 60x64's from 3 9/16c. to 3%c. Sept. 23. Osnaburgs Avere quoted rose at 7%c. Sept. 30 as compared with 71/4c. to 7%c. Aug. 31. report of the Census Bureau, issued Sept. 14 and cover¬ The ing the month tinued of August, again gave evidence of the con¬ consumption of the staple. The domestic large consumed in amount August Avas given as 654,503 bales of 85,951 bales of linters, compared Avith 597,850 bales of lint and 80,090 bales of linters in July, 1940, and 630,667 bales of lint and 75,338 bales of linters in August, 1939. lint and The Sept. 30 at O^sc., against 5%c.@ commercial provide mills with a substantial backlog of unfilled orders, thus assuring sustained operations during the balance of the year. Prices showed pronounced strength, with most during the month. No. 7 Santos was quoted staple. Sept. 3. on the Avoolen claims of goods market reflected in growing measure the defense program on the available pro¬ capacity of the industry. Cothing manufacturers, too, influenced by the sharp rise in the price of the ra\v material, and the quickening pace of consumer buying, were more inclined to abandon their previous cautious atti¬ tude and enter the market for fonvard commitments, fear¬ ductive the near future. perceptibly, notably 011 the new spring and fabrics. Women's Avear materials also were in ing that shortages of goods may develop in Prices stiffened summer active Rubber demand, with sportswear fabrics attracting most attention. Crude rubber during thte first half of the a month followed moderately declining trend, chiefly due to the absence of buying by trade and factory interests. The announcement Sept. 9 of the International Rubber Regulation Commit¬ on Japanese double extra 13-15 deniers were quoted Sept. 30 $2.55@$2.60 against $2.47@$2.51 Aug. 31; $2.53@$2.55 July 31; $2.65@>$2.68 June 30; $2.72@$2.79 May 31; $2.58@ at $2.64 April 30; $2.87@$2 90 March 30; advance in the export quota from 85% to 90% had little effect 011 the market as the move had been anticipated and, moreover, increased Government pur¬ chases both here and abroad were expected to fully absorb $3.10@$3.15 the $2.45 Aug. 31; $2.41@$2.46 July 31; tee concerning an The United States consumption figures for August revealing an increase to 50,477 tons from the July total of 47.011 tons served as a supporting factor, as did the moderate improvement in the security and other commodity markets. During the last week of the month the developments in the Far East resulted in a mild buying flurry, as it was feared that the decision of Japan to ally larger supply. itself with the Axis Powers may result in curtailing or ultimately stopping shipments from the producing countries. Ribbed smoked 19%c. asked Sept. asked July sheets for spot delivery Avere quoted at 30 against 19%c. asked Aug. 31; 211/4c. 31; 211,0c. asked June 30; 211/4c. asked May 31; April 30; 18%c. asked March 30; 18 9/16c. 18%c. asked Jan. 31; HP^c. asked Dec. 29; 20%c. asked Nov. 30: 20%c. asked Oct. 31, and 21c. asked BH4c. asked asked Feb. 29; Sept. 30. Nov. 30; In the extra $3.00@$3.05 Feb. 29; 31; $4.50@$4.55 Dec. 30; $3.43@$3.48 $3.55 @ $3.00 Oct. 31, and $3.10@$3.15 Sept. 30. case of the 20-22 deniers Japanese crack double was Jan. quoted at $2.38@$2.43 Sept. 30 against $2.41 @ $2.56@$2.58 June 30; $2.64@$2 81 May 31; $2.53@$2.59 April 30; $2.82@$2.85 March 30; $2.91@$2.96 Feb. 29; $3.03@$3.08 Jan. 31; $4.43 @$4.48 Dec. 30; $3.41@$3.46 Nov. 30; $3.47@$3.52 Oct. and $2.94@$2.99 Sept. Petroleum The leum most important 31, 30. and Its Products development in the domestic petro¬ industry in years "broke" on the final day of Septem¬ of Justice filed anti¬ trust suits against the American Petroleum Institute^ and 22 major oil companies and their subsidiary and affiliated companies in the United States District Court in^ Washing¬ ton, seeking Federal injunctions against certain alleged price-fixing and marketing control agreements Avithin the ber as the industry. United States Department 9 MONTHLY REVIEW Oct., 1940] from their origi¬ however, in which in addition to the price-fixing complaints, the Department sought divestiture of petroleum pipe lines and retail outlets from control of the refiners. Submitted, to the .National Defense Advisory Commission by The suits had been Considerably altered nal form, Attorney General Robert II. Jackson prior to their being filed in court for an opinion as to the possible harm to which could have be failed. devised believe I which now comprehensive more would be successful. plans There¬ fore, I urge that you do not let the pendency of litigation or deter Congress from giving this basic industry con¬ sideration in the interest of conservation and orderly utiliza¬ delay tion of our basic to national defense were presented pointed out that "even there the likelihood of interference effort cannot be explicitly demonstrated, substantial possi¬ bilities should control, especially when these are examined in the light of the rapidly-expanding requirements for petroleum resources." Attorney General's statement also explained the rea¬ the filing of the suits, pointing out that the pro¬ ceeding is being instituted under the department's policy of taking up in a single investigation all of the restraints which affect the distribution of a product from the raw material to the consumer. Only in this way, he pointed out further, can economic results be achieved. "Through their domination of all phases of the industry," Mr. Jackson charged, "major companies have created a system which has ied to identical policies with respect to price and sup¬ pression of a free and independent enterprise. '■That system has given the consumer a wasteful and uneconomic distribution of gasoline, fuel oils, lubricants and kerosene. It has eliminated competing enterprise. It has destroyed opportunity for net .enterprise and capital to enter the field. It has established a small group of indiv viduals in control of a $15,000,000,000 industry under a system where there is 110 incentive to compete among them¬ national defense." selves and every The complaint filed by the United States District Court of those who would otherwise sell to the consumers at lower efforts, the suits were altered to put on price-fixing agreements which the Govern¬ ment ^charged the defendant companies with having made. following the opinion of the National Defense Advisory Commission that the suits in their original form would prove a definite hindrance to current national defense national trial defense only the efforts, Attorney General Jackson conferred with President policy-making meeting which brought forth a firm policy for handling future anti-trust actions within industries vital to the Nation's drive to rearm for defense. Roosevelt at a The Commission, while admitting that Defense it was im¬ to which obstacles by the original suits, possible to estimate exactly the extent Department of Justice in the in Washington 011 Sept. 30 charged that the companies had conspired: 1. fix To maintain and uniform, non-competitive prices The for son incentive to prevent entry into the market This system has closed the door to any new initia¬ which might disturb the settled poli¬ prices. tive in the oil industry cies with respect paid by them for the crude oil purchased from inde¬ pendent producers, and to be charged by them for crude oil sold to interest to oil to production, transportation, marketing." to be independent refiners. 2. To restrict the production of crude oil and the manu¬ facture of petroleum products. 3. To compel independent producers, who have no practical means of transportation in competitive markets, to sell crude oil to the defendants at the well rather than permit¬ . . ting them to use major companies' pipe lines. 4. To file tariffs for transportation of crude oil, gasoline and petroleum products which require shippers to "tender unreasonably large quantities, to maintain uniform, non¬ competitive onerous and oppressive rates." 5. To charge excessive rates for use of pipe lines "and to receive back to as themselves line 6. rebates refunds and a substantial 011 operations." To cause railroads to establish rates favorable to them¬ selves, and unfavorable to small refiners. To 7. their distribute products "only facilities through operated by persons or companies whose buying, selling and operating policies defendants 8. To "whose control." can Other activity-in Washington during distribute products only through policies they can control." cated property into the United States for which payment has not been made or arranged for in the Congress as the the Sumners bill to The measure, a substitute for tlie McCormack "stolen property" bill, is aimed at the importa¬ tion of oil from Mexico which was produced on American - House owned properties expropriated by the Cardenas Administra¬ early 1938. The McCormack bill ran into bitter oppo¬ sition from the Department of State which made the substi¬ tion in service stations Institute. the suits, according to the complaint, would mean that independent producers should receive higher prices for their crude oil and independent refiners should be able to compete 011 more equal For and through many tlieir terms with the major oil independent years associations, have the month came news of a concerted Earlier in oil under the provisions of the trade Revocation of the oil provisions of the trade agreement was asked of Secretary of State Hull by the refiners, sought to singly force the Failure of the Treasury Department to investigate ment would be involved whenever from that country price-wars wrhicli have swept the industry from time to time. In announcing the action against, the oil companies, Attor¬ ney General Jackson called for the enactment of legislation has tion. In a Federal regulation of petroleum produc¬ Senator Guy M. Gillette (Dem., Iowa) letter to trine of laws is ciple that was his opinion that the doc¬ compulsory competition embodied in the anti-trust unwisely applied to oil production "where the prin¬ of conservation national it resource of should an exhaustible and irreplaceable replace the principle of competitive exploitation." He pointed out that private companies have recognized this fact and "have tried to limit depletion by devices of tlieir public interest or own, the but without consumer representation of the welfare and that of smaller producers." "Private conservation plans which restrain or discrimi¬ independents and disregard consumer interests violate the anti-trust laws," he continued, "but they should not be replaced by a headlong race to exhaust nate against Late in the month the Independent on ment to 50% reduction imported oil and its products. in the excise tax on charged that the integrated companies would use the profit from one branch of their activities to bolster sagging income from another section in the bitter providing for full it should develop that the domestic oil industry was being hurt by the industry. was alleged Mexican oil into the United States markets, reported to it by Russell Brown, general counsel of the Independent Petroleum Association, brought forth a meet¬ ing of Mr. Brown with the Texas congressional delegation in" Washington in mid-month to discuss further action. Oil men, however, are placing, most of their hope in the possi¬ bility of seeking the invocation of the escape clause in the Venezuelan reciprocal trade agreement under the terms of which, 011 a most-favored-nation basis, Mexican oil is per¬ mitted .importation at a reduced tariff rate. Secretary of State Hull early this year put himself on record in a letter to Chairman Dough ton of the House Ways and Means Com¬ mittee that the escape clause of the reciprocal trade agree¬ of dumping filed Mr. Jackson declared by permitted imports major integrated companies to divest themselves of the pro¬ ducing, distributing, refining and transportation of petro¬ leum products and confine themselves to one division of the It move Independent Petroleum Association and Congressmen from oil-producing States to curtail imports of Mexican oil which, under the terms of the Venezuelan trade agreement, is coming into the country at an increasing rate which will rise still further under preliminary terms of expansion of the Association. dependent competitors has been eliminated." In addition to the allegations specifically made, the com¬ plaint named the American Petroleum Institute, an oil trade association, as having been used by the defendants "as an instrumentality for promoting, supervising, and enforcing the various illegal policies and practices set forth in this complaint." The complaint asked the dissolution of the companies, legislation necessary. tute agreement. petroleum products, "lowering prices wherever they wish to eliminate independent com¬ petitors and raising prices whenever the competition of in¬ Success of Committee reported Judiciary House for passage. the 9. To fix prices for sale of American Petroleum September of marked included the introduction of legislation men authorizing President Roosevelt to limit imports of confis-. the rates charged of the revenue from pipe part refining and , , . Petroleum Association appeal for revision of the Venezuelan trade agree¬ stem the increasing flow of crude oil imports the trade been with the Committee for Reciprocity In¬ The brief filed by the group stressed that since formation. agreement with Venezuela became effective there sharp expansion in petroleum imports for con¬ a In the first seven months 1940, it was pointed out, such imports showed a gain of 75% over the total for the comx>arahle period a year sumption in the domestic market. of The Association contended that since total demand earlier. petroleum increased only 4% in the two comparative periods, "it is evident that the domestic producer has made a substantial sacrifice in markets to this foreign oil." for While there September nounce were that the several rumors Cardenas in circulation Administration during would an¬ additional companies that had followed the lead of tlie Sinclair interests and settled with the ment for Mexican Govern¬ the properties expropriated in the spring of 1938, developed. An Associated Press dispatch from Mexico City reported that the Chief Clerk of the Mexi¬ can Supreme Court announced 011 Sept. 21 that the period in which the foreign oil companies might file notices of 110 definite news appeal from the Government's $35,000,000 evaluation of their properties had expired without any major company petroleum supplies, but rather by a conservative plan which will be taking action. These companies now have no legal recourse, in the public interest. Only Congress can protect the future" Hie said, from the Government appraisal of the properties economic life of this country by protecting oil reserves in on which the companies themselves placed a value of better the ground. It has made several efforts to do so, some of than $400,000,000. The major companies, following the de- MONTHLY 10 Court that the expropriation cision of the Mexican Supreme decree was that the grounds on legal action they did not recognize the validity of constitutional, have refrained from Supreme Court's decision. Domestic market demand for crude the oil during October was barrels daily, or 110,000,000 barrels at 3,580,000 estimated monthly, in the regular monthly market demand estimates of the United States Bureau of Mines. This showed a gain compared with the 108,730.000-barrel total for September was sharply below the 117,867,000-barrel level which ruled in the comparable period a year ago. The Oklahoma as but Commission fixed October allowables for the unchanged from the level ruling during the previous two months. The Texas Railroad Commission set the October allow¬ able for the Lone Star State at 1,350,000 barrels daily, against the Bureau of Mines estimate of 1,305,000 barrels needed daily during October, which was 15,000 barrels bet¬ ter than its indicated market demand figure for September. The Arkansas allowable tor October and November was cut Corporation 390,000 barrels, at State 5,852 barrels from the September figure, dropping to 08,743 barrels daily. The Committee of California Oil Producers set the October quota at 571,000 barrels, unchanged from September, but reduced the allowable per well to 153 barrels barrels. A cut of 5,223 barrels ordered for Louisi¬ lowered the allowable to 209,031 barrels daily. In the closing days of the month a United Press dispatch from Bucharest reported that seven of Rumania's largest from 156 ana British and control of a Commissar appointed by the Ministry of National Economy. Government quarters denied it was confiscation, while officials of the companies said it would tend to "restrict" operations. The companies affected were the Colombia, Anglo-Rumania, Rumanian-American, Unirea, Concordia, companies, including those operating with capital, had been placed under the oil American and Disiributzia. Steaua-Romana posted during the month follow: Price changes 17—The Root Petroleum Co. cut Arkansas Sept. barrel, retroactive to Sept. crude oil 10 cents a 15 and affecting all grades of crude. retail prices of Seasonal weakness developed in bulk and fuel motor along Seaboard during September the Eastern top-heavy supplies, consistent excessive refinery opera¬ easing off in demand for gasoline exerted as tion and seasonal upon pressure As the the price structure. markets gasoiine gave for way under pressure, in the Gulf Coast market, the price strut ture for fuel and heating oils responded to the normal seasonal rise in demand. While naturally consump¬ tion has not picked up materially in this field, demand from consumers and movement of contract orders gave the mar¬ accentuated kets a weakness by much-needed "bullish" nudge. Standard Oil of California on Sept. 28 lowered its posted price for fuel oil to a base of 75c., San Pedro, off 15c. per barrel with a corresponding reduction paring the price for fuel oil in the Bay region to 80c. a barrel. The price-cut actually meant open recognition of the going market con¬ ditions with the October opening of the new contract period. expansion Continued domestic in for gasoline, demand already running far ahead of last year's figures, was indi¬ cated in the October market demand estimates of the States United home the better than make to Bureau of The Mines. Federal market for motor fuel at 53,000,000 October dreary last year. reading, agency put barrels, 7% Export estimates continue October being placed at only 1,000,000 barrels, against more than twice that a year ago. Representative price changes, showing the trend in the Nation's major marketing areas, follow: /Sept. 10—Standard of New Jersey cut tank car and tank wagon prices cent a gallon throughout its territory. of motor fuel cut of 6-10ths of a cent a areas gallon where the price already was In New Jersey a No reductions made. were made in cent or more under normal levels. was Sept. 24—Socony-Vacuum cut tank car prices of gasoline 2-10 to 4-10tfcs cents a gallon throughout New York and Ndw England, effective Sept. 25. Sept. 24—Continental Oil advanced tank wagon prices of gasoline 2 cents a gallon in Texas, where pricas were 2 cents or more "sub-normal." Sept.28—Standard of California reduced fuel oil prices 15 cents to 80 cents in the Bay region, and 75 cents SEPTEMBER FINANCING OF a a barrel barrel at San Pedro. THE UNITED STATES TREASURY In recent years the Treasury has developed the habit of anticipating by three months, or by one tax date, the maturi¬ ties of its securities. In September the Treasury made a definite start in the direction of breaking away from the tradition of attending on the tax date (except in the instance of discount bills) to its need for funds. The Treasury has in the past skipped a tax date with its financing and chosen what might be termed an interim financing date. It did so last year when the Government securities market became so unsettled after war descended on Europe. But on that occasion the delay was rather more the product of necessity than choice. Now the Treasury deliberately passed over the September tax date and waited for what it considered the most auspicious time for announcing a refunding opera¬ tion for $737,161,600 of notes maturing on Dec. 15, 1940. In other days the Treasury started the practice of syn¬ chronizing borrowing with tax payments by the public so as to cause the minimum disturbance in the money market. But nowadays, with the volume of excess reserves so over¬ whelmingly large, such solicitude for the equanimity of the money market seems misplaced. By picking the most REVTEW propitious time for financing, instead of being bound by the tradition of tax date financing, the Treasury feels that it better terms. obtained by the note refunding last month constitute a genuine test of the new system, its success is already established. Letting the tax date slip right on by, the Treasury held off until Sept. 23 before announcing that the $737,161,600 of llA% notes maturing Dec. 15, 1940, would be cared for. Details of the new bond issue which would be offered in exchange for the maturing notes, Secre¬ tary of th3 Treasury Henry Morgenthau Jr., said, would be made public on the following day after a conference between Treasury and Federal Reserve officials. "The Government bond market is in good shape," he remarked on Sept. 23,. "and as the national defense program gets under way we are get can If the results going to have to raise a lot of money. We thought, there¬ fore, that we would take advantage of the excellent condition of the credit of the United States Government at this time." When asked on the same .day whether the Reconstruction Finance Corporation was on the point of raising funds to plant expansion, accumulation of strategic materials finance and other defense projects, he said: "Not this week. There nobody that needs any money right now." Mr. Morgenthau announced on Sept. 25 that holders of the $737,161,600 of llA% notes due on Dec. 15, 1940, werebeing given the opportunity to exchange their holdings for a new 2% Treasury bond, dated Oct. 7, 1940, maturing on is and payable at the option of the Government 19.53. Interest would be payable June 15 and Dec. 15, with the first coupon covering the fractional period from date of issue to Dec. 15. Accrued interest on the June 15, 1955, on June 15, - maturing notes from June 15 to Oct. 7, amounting to $4,672 for each $1,000 face amount, would be paid following acceptance of the notes in exchange. Cash subscriptions, Mr. Morgenthau said, would not be received. "This time, due to the good situation in the Government bond market and m Government credit, we are able to break all records," Mr. Morgenthau said to the press in announc¬ ing the t< rms of the exchange offering. "That's the longest 2% bond the Government has ever sold. In the whole history of Government financing we have never sold a 2% bond as long as this one." Secietary Morgenthau's remarks on the low rate on the new bond issue require this explanation. It is true that the Treasury has not sold so long a 2% bond since the World War as the new bonds, which are due in 15 years and are callable in 13 years. The last 2% bonds marketed by the Treasury were offered for cash last Nov. 27. They were a 9 to 11 year issue. In exchange for a lbA% note issue, the Treasury in December, 1939, offered holders a choice of a new note or a 2lA% Treasury bond due in 12 to 14 years. In July the Treasury sold for cash $600,000,000 of 2\i% bonds due in 14 to 16 years'. In comparison with those recent ksues the new bonds bear out fully Mr. Morgenthau's contention that a record low interest rate was borne by the issue. In point of fact, however, the Treasury in 1900 exchanged 2% consols, due after 30 years, for outstanding 5s, 4s and 3s. In the early 1900's two other issues of 2% bonds were issued to defer the cost of constructing the new These 2% bond issues Panama Canal. of a generation ago privilege, that is, they were eligible for for deposit with the Treasury of the United States as security for the issuance of National bank notes. A stickler for bore the circulation would say that the new 2s had the and the longest maturity of any Treasury bond lacking the circulation privilege. Mr. Morgenthau said on Sept. 26 that subscription books for the offering of 2% Treasury bonds would be closed at midnight on Sept. '27. He said the exchange operation was "going along beautifully." Jesse H. Jones, Secretary of Commerce and Federal Loan Administrator, said on Sept. 25 therefore, accuracy, lowest coupon the that RFC November or would not enter the capital market until December. Announcement was made by the Farm Credit Administra¬ Sept. 6 that various units of its system had completed the sale, through the Treasury and Federal Reserve Bank of New York, of approximately $97,000,000 of Government securities, the proceeds of which would be applied toward retiring Government owned capital aggregating $215,000,000 before Nov. 30, 1940. Of this amount, $100,000,000 is being repaid by the Federal Land banks, $60,000,000 by tion on the Banks for Cooperatives, $40,000,000 by the Federal Intermediate Credit banks and $15,000,000 by the Produc¬ tion Credit Corporations. In addition, the Federal Farm Mortgage Corporation of its was arranging to retire $100,000,000 Government owned capital during the present fiscal disclosed, would meet their repayments out of cash on hand, short term borrowings and proceeds of Government securities. The remaining Farm Creidt units would use the proceeds of Government securities and other security holdings for the retirement of their Government owned capital. The bulk year. The Federal Land banks, it was of the funds for the FFMC retirement would come from the of a new issue of FFMC bonds. The Federal Inter¬ sale mediate Credit banks announced returned States on Sept. 11 that they had $10,000,000 of their capital funds to the United Treasury on Aug. 31. representing the first instalment of a total fund of $40,000,000 of Government provided capital and paid-in surplus which would be released in the next few months to a Treasury revolving fund. The Federal Intermediate Credit banks sold to the public on Sept. 16 1 ' on A total of $1,050,000 Oct. 1, 1941. I City Southern Ry.—Salomon Bros. & Hutzler, Dick Stroud & Co., Inc., have purchased from Corporation and are reoffering at prices to yield from 0.3( % to 2.3( %, according to maturity. $1,(56,660 2H% equipment trust certificates, series G. Issued under the Philadelphia plan. The certificates mature $56,060 each March 1 and Sept. 1 from March 1, 1941 to and incl. March 1, 1946 and $55,660 each Sept. 1 and March 1 thereafter to and incl. March 1, 1950. Trustee, Pennsylvania Co. for Insurances on Lives and Granting Annuities. 1,056,000 Kansas $26,000,000 of *4% consolidated debentures, dated Oct. 1, of which $10,575,000 were to mature on April 1, 1941, and $15,425,000 11 MONTHLY REVTEW Oct., 1940] & Merle-Smith and the addi¬ placed within the system. After the $29,250,000 maturity on Oct. 1, there was left out¬ standing $213,075,000 of the debentures. The prices of Government bonds worked higher during September, with the advance in the longer issues amounting to nearly a full point and in the intermediate term issues to about % point. The average rate at which the weekly Treasury bill issues were placed, after rising from 0.028% for the issue dated Aug. 28 to 0.038% for that dated Sept. 11, fell to 0.013 for that dated Sept. 25. The details of Treasury bills sold on a discount basis are tional of the debentures was ' 168,000 Reconstruction Finance Pittsburgh & West Virginia Ry.—Plair, Pcnner & Co., Chicago, recently purchased from the Reconstruction Finance Corporation and reoffered $16F,((0.4% equipment trust certificates, series of 1934. The certificates were reoffered at prices to yield from 1.5f % to 2.95%, according to maturity. The certificates mature $12,060 semi-annually Feb. 1, 1941, to Feb. 1, 1947, $11,000 on Aug. 1, 1947, and $1,000 on Feb. 1, 1948. T UTILITY FINANCING PUBLIC California Gas Co.—An underwriting group Blyth & Co., Tnc., offered Sept. 25 an issue of $30,000,000 1st mtge. bonds, 3 34% series due 1970, at a price of 103 34 and accued interast. The issue has been over¬ subscribed. Associated with Blyth & Co., Inc., in the offering were: Dean Witter & Co.; Harriman Ripley & Co., Tnc.; Stone & Webster and Blod^et, Inc.; The First Boston Corp.; Smith, Barney & Co.; Bonb'Dht & Co., Inc.: Lehman Brothers: Mellon Securities Corp.: Halsey, Stuart & Co., Inc.; W. C. $30,000,000 Southern headed t Amount Bills Biu\ Offered Dated 1940 1940 1940 1940 2 1940 Jan. Sept. 20 1940 4 Sept.11 Sept.18 Sept.25 Sept. 27 1940 Oct. Sept. Aug. 30 1940 Sept. 6 1940 Sept. 13 1940 4 1940 Dec. 91 days $100,000,000 11 1940 91 days 100,000.000 Dec. 18 1940 91 days 100.000.000 Dec. 26 1940 92 days 100.000,000 2 1941 92 days 100,000.000 Dec. Subscrip¬ of tions Offering Mature $212,900,000 255,518.000 283,273,000 332,058.000 372,466.000 To Bedeem BiUs Offered tions Aug. 30 1940 Sept. 6 1940 Sept 13 1940 99.991 0.036 % 100.120.000 100.298,000 99.990 0.038% 99.992 0.032% 99.997 0.013% 100,117.000 100.169.000 *100 00 *0.000% 332,058,000 Sept. 27 1940 372,46 ,000 101,450.000 bids were tendered at par. All of the accepted $100,008,000 100,004,000 .. SECURITY ISSUES IN SEPTEMBER underwent In so far as the month's total was concerned, it represented the smallest volume placed for any month since September, 1939.. the beginning of the present war. At that period the market suffered a sharp setback, making the month a very unpropitious one for the flotation of new obligations, and corporate and municipal financing further contraction in volume during September. Domestic hence it be cannot fair comparison. below the total of past month and look in the future. Public utility entertained in any obligations, while slightly August, managed to bear up well the Railroad forward to emissions greater progress exceeded the dollar volume of August, but were dependent largely upon tne offering of the Southern Cali¬ fornia Gas Co. in so doing. Industrial emissions, too, were adversely affected in September and show a volume as contrasted with that of August. sharp drop in Offerings in the exception of Dow Chemical Co., which perceptibly, were on the average small. We present below the principal issues to come upon the market in September, together with issues privately placed and financing in the form of bank loans: this group with raised the total RAILROAD $9,150,000 FINANCING Ry.—Salomon Wabash Bros. & yield from 0.25% to 2.15%, according to maturity, $9,H (resulting 15),000 2equipment trust certificates, series fromsaries 1922, C, D, E, F, G, H). The certificates mature S61l,(ll each April 1 and Oct. 1 1. 1940 to and incl. Oct. 1, 1947. Issued under the Philadelphia Plan. Trustee, The Pennsylvania Co. for Insur¬ ances on Lives and Granting Annuities. from Oct. 8,150,000 Atlantic Coast Line RR.—Drexel & Co. and Laurence M. received the award of a new issue of Marks & Co. on Sept. 5 $8,15 »,000 series G 2% serial equipment trust certilicates, maturing annually, $815,000 on each Oct. 15, 1941-1950, inclusive. The certificates, the issuance oi which is subject to approval of the Interstate Commerce Commission, were im¬ mediately reoffered at prices to yield ( .45% to 2.41 %, accord¬ ing to maturity. The offering met with a favorable reception and at the close of business the bankers reported the entire issue sold. 4,922,000 Chicago Milwaukee St. Paul & Pacific RR.—Salomon Bros. & Hutzler, Dick & Merle-Smith and Strcud & Co., Inc., have purchased from the Reconstructicn Firaice Corporation and have reoffered at prices to yield from 0.25% to 2.15%, accord¬ ing to maturity, $4,922,000 2K% equipment trust certificates, series U Power Co.—The SEC on Sept. 11 exempted provisions of the Holding Company Act the issuance $10,000,000 1st mt?e. bonds, 3 34% series due 1975. The bonds were sold at private sale to Metropolitan Life Insurance Co. and the Mutual Life Insurance Co. of New York. The issue has also been approved by the Public Utilities Commission of the District of Columbia. The price was 108.7743701 plus accrued interest, affording a net yield to the purchasers of 2.85% and was issued under the mortgage and deed of trust dated Tuly 1, 1936, between Pepco and the and sale of ' Riggs National Bank, Washington, D. C., as trustee, and supplemental thereto dated Dec. 10, 1939, and indentures Aug. 1, 1940. New York Power Corp.—The company has been sell $5,000,000 3 34% gen. mt?e. bonds The bonds will be sold privately to the Equitable Life Assurance Socity of the U. S. at not less than 101 and int. Proceeds will be used for construction and to expand the 5,000,000 Central authorized to issue and due 1965. company's facilities. Natural Gas Corp.—Financing for the corporation 3,500,000 Houston 11 with the public offering at 100 and 1st mtge. 15-year 4% sinking fund bonds 1, 1955, through a banking group headed by Mackubin, Legg & Co. of Baltimore. The issue has been over¬ subscribed. This was the first offering of a public utility issue to be made since the shortening of the waiting period for new issuas by amendment to the Securities Act, the issue having been o~ifinally filed on Sept. 3 and released by the SEC on Sept. 10. In addition to Mackubin, Legg & Co., the offe-ing group included Alexander Brown & Sons; Baker, Watts & Co.; Robert Garrett & Sons; W. W. Lanahan & Co., and Stein Bros & Boyce, Baltimore; White, Weld & Co., New York; Paine, Webber & Co. and Estabrook & Co., Boston; Boenning & Co., Philadelphia; Whitkaer & Co. and I. M. Simon & Co., St. Louis; Gregory, Eddleman & Abercrombie; Moroney & Co.; Milton R. Underwood & Co.; A. W. Snyder & Co., and Chas. B. White & Co., Houston; Beckett, Gilbert & Co., Inc., Dallas; Pitman & Co., Dewar, Robertson & Pancoast, and Mahan, Dittmar & Co., San Antonio. was announced Sept. int. of $3,500,000 due Sept. Falls Power Co.—The company has placed privately 1st mtge. 33-8% bonds dated Sept. 1, 1940, and 1, 1950. The company also has obtained a bank $1,000,000 due in five years. Proceeds from this $1,500,000 due Sept. of loan redeem the existing bond indebted¬ Company is a wholly owned subsidiary Old Colony Trust Co., trustee. financing will be used to of ness $2,551,000. Paper Co. of Oxford 1,326,000 Philadelphia Transportation Co.—The company has sold privately to seven Philadelphia banks and insurance companies $1,326,000 equipment trust certificates, series B, dated Sept. 16. 1940, and due $39,000 quarterly beginning June 16. 1942, and ending Sept. 16, 1950. Dividend rates are as follows: 1% for first two quarterly maturities and increase by 34 of 1% for the succeeding maturities to a maximum of 3% for the certificates maturing during the last five years. of the issue is to finance the purchase of the 130 recently ordered by the company at a approximately $2,160,000. The purpose new modern street cars cost of 150,000 Northern Wisconsin Power Co.—Bell & Farrell, Madison. Wis., recently offered at 10034 and int. $150,000 1st mtge. sinking fund 4% bonds, series A. The bonds, offered to residents of Wisconsin only, have been sold. The bonds mature July 1, 1965. Callable at 105 after first year less one-fifth of 1% for each year thereafter. A sinking fund of $3,060 annually is provided. Trustee, American Exchange Bank, Madison, Wis. Purpose, to retire $150,060 1st mtge. 6% bonds due Feb. 1, 1941. • certificates are due $508,000 each Dec. 1 from Dec. 1, 1940 to and incl. Dec. 1, 1948 and $35(,((0 Dec. 1, 1949. Issued under the Philadelphia plan. Trustee: Continental Illinois National Bank & Trust Co. of Chicago. The 4,750,000 Northern Pacific Ry.—Salomon Bros. & Merle-Smith and Butzler, Dick & Strcud & Co., Inc., have purchased from Corpcraticn and arc reolkrirf at the Reconstruction Finance prices to yield from 0.3( % to 2.31%, according to maturity, $4,750,0C0 2*A% equipment trust certilicates of 1940. The certificates are cue $S5( ,((C each Feb. 1 and Aug. 1 from Feb. 1, 1941 to and incl. Feb. 1, 1950, issued uncer the Philadelphia plan. Trustee, The First National Bank of the City of New York. 1,500,000 Duluth Missabe & Iron Range Ry.—Alex. Prown & Sons, Harris, HaJl & Co., Inc., and the Illinois Co. of Chicago offered Sept. 20 $1,500,0(0 13^% serial equipment trust certificates dated Oct. 1, 1940, and maturing $15l ,((( each Cct. 1, 19411950, incl., at prices to yield 0.2( to 1.65%, accorc ing to ma¬ turity. The certificates were issued under the Philadelphia plan and were offered subject to Interstate Commerce Com¬ mission approval. Award of the certificates was made on a bid of expansion. from the 1,500,000 Rumford Hutzler, Dick & Merle- and Stroud & Co., Inc., have purchased from the Reconstruction Finance Corporation and are reoiltring at prices Smith to FYeres & Co. 10,000,000 Potomac Electric . * NEW Langley & Co., and Lazard 15,000,000 Western Massachusetts Cos.—The company has placed p-ivately with six insurance companies an issue of $15,000,000 secured 2.70% notes, first series. Dated Sept. 1, 1940; due Sept. 1, 1955. Proceeds will be used to retire the existing $11,000,000 3 34% coupon notas due Tune 15, 1946, to pay off certain bank loans of subsidiaries, and provide for future plant 100,294,000 Sept. 20 1940 100,019.000 * of— Yield ted $100,100,000 . Issue Price Acce $212,900,000 255.518.000 283,273,000 Maturing Average Amount Subscrip¬ by 101.04. 1,500,000 Vermont Valley RR.—Offering of $1,500,000 1st mtge. sinking fund 4% bonds, due Oct. 1,1955. Purpose, refunding. Priced at par and interest and sold privately to the Equitable Life Assurance Society of the United States. 1,403,000 New York New Hutzler, Dick & Haven & Hartford FR.—Salomon Pros & MerlerSmith and Stroud & Co ]nc have purchased from the Reconstruction Finance Corporation and are reoffering at prices to yield from P.4< % to 2.40%, accord¬ ing to maturity, $1,4( 3,060 2H% equipment trust certificates of 1934. The certificates are due $82,((0 each March 1 and Sept. 1 from March 1, 1941 to and including March 1, 1949 and $9,000 due Sept. 1, 1949. Issued under the Philadelphia plan. Trustee, The Chase National Bank of the City of New York. , INDUSTRIAL AND $15,000,000 Pow Chemical MISCELLANEOUS FINANCING Co.—First public offering of newly-registered securities since amendment of the Securities Act lioeralized the waiting period required for the sale of new issues was made Sept. 11 on behalf of the company. The industrial public offering, made by a group of seven investment banking firms headed by Smith, Barney & Co., consisted of two issuas of debentures, $7,500,000 of 10-year 214% debentures due Sept. 1, 1950, priced at 10134. and $7,500,000 of one to tenyear serial debentures due annually in amounts of $750,000 and priced at 100 for all maturities. Other members of the underwriting group, in the order of their participations, were Morgan Stanley & Co., Inc.; Kuhn, Loeb & Co.; Dillon, Read & Co.; The First Boston Corp.; Harriman Ripley & Co., Tnc., and Lee Figginson Corp. Both issues have been oversub¬ scribed. The public offering of the 10-year 234% debentures and one to the 10-year serial debentures of the company represents public financing of any corporation thus far Securities Act. lowest-cost done under the 10,319,900 Offerino of Common Stock—The common stockholders of record Sept. 20 were given the right to subscribe to 103,199 shares of common stock in the ratio of one share for each 10 shares held at $100 per share. Subscription warrants will expire Oct. 11. The offering has not been underwritten and any portion remaining unsubscribed may be sold by the company at not less than the offering price without being reoffered to common stockholders. 6,000,000 Western Auto Supply Co.—An issue of $6,000,000 15-year 334% sinking fund debentures was offered Sept. II by a banking group headed by Merrill Lynch, E. A. Pierce 8c Cassatt. The debentures dated Sept. 1, 1940 and due Sept. 1, 1955, were offered at 9934% and accrued interest. Asso¬ ciated with Merrill Lynch, E. A. Pierce & Cassatt in the financing are A. G. Becker & Co., Inc.; Lazard Freree & Co.; Stern, Wampler & Co., Inc., Stern Brothers & Co., and Johnson, Lane Space & Co., Inc. The issue lias been over oversubscribed. 13 MONTHLY 3,500,000 Worthington Pump & Machinery Co.—The company has placed privately with an insurance company an issue of $3,500,000 10-year 4% debentures. Dated Sept. 1, 1940, and due Sept. 1, 1950. Trustee, City Bank Farmers Trust Co. The money will be used for repayment of all bank loans ($3,250,000 outstanding Dec. 31, 1939) and for additional working capital. * Biscuit Co. of America—An underwriting group by Goldman, Sachs & Co. and including Lehman Brothers, Blyth & Co., inc., and Kidder, I eabody & Co., offered Sept. 11 25.000 shares of 5% cumulative preferred stock ($100 par) at $102 per share and accrued dividends. The shares were issued and sold subject to their authorization by stockholders Sept. 13, 1940, which has been done. The issue REVIEW 5,943,000 California Toll Bridge Authority, Calif., 3% Carquinez Toll Bridge revenue bonds purchased by Kaiser & Co., and Sargent, Taylor & Co., both of San Francisco, at a price of 108.43, a basis of about 1 79% to final maturity. Due serially a syndicate headed by York, as 2s, at 100.138, a basis Due serially from 1942 to 1966, incl. The $1,728,000 bonds maturing from 1941 to 1947, incl. were reoffered to yield from 0.40% to 1.85%, according to maturity. The remaining $1,020,000 bonds, due 1942-1966 incl were re¬ ported sold before the close of business on the day of the award, of about headed 1,875,950 Manatee 1.600.000 Cuyahoga County, Ohio, l?4% and 3%% refunding bonds awarded to Field, Richards & Co. of Cleveland, and associates, at 100.01, a net interest cost of about 1.87%. Due semi¬ annually from 1942 to 1951, inclusive. Louis, Mo., refunding bonds taken by Lehman Bros, of York and associates, as l^s, at 100.43, a basis of about Due serially from 1945 to 1955, incl.; optional on or after Oct. 1, 1945. Reoffered to yield from 0.85% to 1.50%. 1,396,000 St. New 1.41%. according to maturity. 1,385,000 Chester, 111., 4% toll bridge revenue bonds publicly offered by Bitting, Jones & Co. of St. Louis and associates, at a price of par. Due Sept. 1, 1965, with provision for redemption prior to that date. 1,258,000 Louisville Municipal Housing Authority, Ky., 2M'%. 2%% and 3% bonds sold to J. J. B. Milliard & Sons of Louis¬ ville and associates, at par. Due from 1941 to 1958, incl. 1.000.000 DeKalb stock offered, 30,000 sharas represent new for the company. The remaining 20,000 shares sold for the account of certain shareholders who received financing proceeds. Other members of the underwriting group Merrill Lynch, E. A. Fierce & Cassatt; Dominick & Dominick; Hemphill, Noyes & Co.; Riter & Co.; E. H. Rollins & Sons. Inc.; G M.-P. Murphy & Co., and Otis <fc Co. the net were 556,250 Hilton-Davis Chemical Co.—Public offering was made Sept. 18 of 35,000 shares of common stock at $22.75 per share by Distributors Group. Inc. as underwriter. The sharas offered consisted of 25,000, sold by the company and 10,000 sold for the account of A. B. Davis, President of the company. . 490,000 Roman Catholic Bishop of Toledo, Ohio—B. C. Ziegler & Co., Wast Bend, Wis., and Bitting, Jones & Co., Inc., St. Louis, Mo., offered Sept. 3, $490,000 1st ref. mtge. serial bonds at 100H and interest, due serially (F. & A.) from Feb. 1, 1941 to F'eb. 1, 1953. Purpose—All of the net proceeds of the issue, together with will be used toward the payment dated as of Nov. 30, 1931, now Central Catholic High School in the amount of other funds of the mortgagor, and retirement of a mortgage outstanding on $492,500. of Atlanta, 420,000 General Instrument Corp.—Public offering was made Sept. 27 by Burr & Co.. Inc., and John J. Bergen & Co., Ltd. of 98,000 shares of common stock (par $1) at $7.50 a share. Of the shares offered, 56,000 represented ne w financing for the company and the remaining 42.000 were sold for the account of officers who were to receive the net proceeds. 330,000 Harrington & Richards Arms Co.—An issue of 110,000 publicly offered Sept. 19. at a price Co., Inc., New York as The stock was offered as a speculation. shares of class A stock was a at Ga., 4% water supply system revenue headed by the Equitable Securities Corp. group price of 106. a CHAWGESHN SEPTEMBER DIVIDEND declarations Dividend in September were largely of a following list, divided into two sections, namely "Favorable, Changes" and..."Unfavorable Changes," gives the mpre important of the changes: favorable The nature. FAVORABLE CHANGES Alexander & Baldwin, Ltd.—Dividend of $2.50 a share was paid Sept. 14 last on the capital stock and compares with distributions ol $1.50 a share made June on 15 and March 15 last. Allis-Chalmers Mfg. Co.—Ehidend on the common stock increased from 25c. a share to 5tc. a share and became payable on Fcpt. 30 last. Amer'can-Hawaiian addition the on to Steamship Co.—Extra di\iecnd of 25c. a share in regular quarterly of lile amount was paid Sept. 30 last stock. In the previous quarter an extra of 5( c. a share a common paid. was J Piano Corp.—Dividend of 5(c. a share was paid Fept. 10 last The alox e represents the first American the class A and class B common stock, on elistribution these shares since June 21, 1937, when on of 7(c. a share was Bottle Co.—Extra regular quarterly dividend of 25c. payable Nov. 1. / 75c. a share on the common stock, regular quarterly dividends of 5( c. Metal Construction payable Oct. 1, share distributed dividend share a Appleton Co.—Extra dividend of $2 Art an initial dividend paid. Thermos American 487,500 Recordgraph Corp.—-Public financing on behalf of the corporation was announced Sept. 12 with the offering of 97,500 shares of capital stock ($1 par), through Howell & Co., Inc., of New York. The stock offered as a speculation, was priced at $5 per share. County, bonds sold to States Plywood Corp.— Eastman, Dillon & Co. headed an underwriting group which offered and sold after the close of the market Sept. 12, 50,000 shares of common stock at an initial offering price of $25.75 per share. Of the 50,000 were refunding bonds were sold to Due serially from 1944 4% 1969 incl. to 772,500 United common Fla., County, R. E. Crummer & .Co. of Miami, at par. 875,000 Mid-West Refineries, Inc.—Public offering was made Sept. 13 of 35,000 shares of $1.50 dividend cumulative convertible pre¬ ferred stock by an underwriting group headed by J. G. White & Co., Inc. The stock was priced at $25 per share. Other members of the underwriting group included: Bond & Goodwin, inc.; baker, Simonds & Co.; Kirchofer & Arnold, Inc.; McAlister, Smith & Pate, Inc.; G. H. Crawford Co., Inc.; Milhous, Gaines & Mayas, Inc.: S. K. Cunningham & Co., Inc.; Clement A. Evans & Co.; Frost, Read & Co., Inc.; Johnston, Lemon & Co.; Kinloch, Huger & Co.; Southgate & Co., and James Conner & Co., Inc. of Co. of New 1.979%. , been oversubscribed. 2,100,000 Halle Brothers Co., Cleveland—An issue of $2,100,000 se¬ cured notes has been placed privately with an insurance com¬ pany. The sale of the issue was arranged through Paul Ham¬ mond Co., New \ork. Notes were dated Sept. 21, 1940, and mature in various amounts annually Sept. 21, 1941-60. In¬ terest rates range from 2%% to 4% (average rate 3.85%). Trustee, Central National Bank. Cleveland. Proceeds will be used to pay off land trust certificates created in 1924. Com¬ pany is one of the leading department stores in Cleveland. shares Freres & Lazard 2,550,000 United has 1941 to 1954. inclusive. from 2,748.000 Cleveland, Ohio, bonds awarded to of the on $1 share a and a stock, both common share and a quarterly dividend of both payable Oct. 28. Previously share were distributed. a a Co.—Dividend of 4(c. sbare a declared was 1940, on the common stock and compares with 35c. on July I last. a (B. F.) Avery Sons Co.—Div idend on the common stock of 5fc. a share, payable on Oct. 1. This will be the first payment made since Sept. 1, 1938; when 4(.c. a share was dutributed. Backstay Welt Co.—An extra dividend of 12Hc. share and a a regular offered quarterly of similar amount were paid Sept. 26 last on the con men stock. Bartgis Bros. Co.—Dividend on the $1 par common stock resumed by the declaration of 10c. a share, payable Oct. 31, next. The last previous distribution was of like amount and was made on Oct. 31, 1938. ($.50 Bird of $3 share a by Barrett underwriters. 225,000 Solar Herrick & Co.—Eldred, Aircraft & Potter Co., Angeles, Los 30,000 shares of preferred stock (no par), series A dividend, cumulative, convertible), at $7.50 a share. Net proceeds to be used - for new construction additional equipment, machinery and working capital. Pittsburgh—The company, a retail drug chain operating in Pennsylvania, Ohio and West Virginia, made a public offering Sept. 6 of 8% cumulative ($5 par) preferred 192,500 Rand's, stock with common stock purchase warrants. Floyd D. Cerf Co., Chicago, and Grubbs, Scott & Co., Pittsburgh, headed the underwriting group. The subscription rights to common stockholders having expired, the present offering represents the unsubscribed portion of 35.000 shares and warrants originally offered to common stockholders. The preferred stock, with one common stock purchase warrant, was offered at $5.50 a share. The purchase warrant entitles the holder to buy one share of common stock at $3 at any time up to and including Dec. 31, 1945. 150,000 Southwestern Engineering Co., Los Angeles, Calif.— An issue of $150,000 15-year 7% sinking fund convertible debentures was recently offered to residents of California only by WTilliam A. Lower & Co., Los Angeles. The offering price 100 was and int. Dated June 1, 1940; Denom. $500 and $1,000. Int. payable 105 and interest on 60 days' notice. MUNICIPAL due June 1, 1955. J-D. Callable at FINANCING interest cost to the city of about 2.91%. Bankers bid a price $1,153,000 1952, and $6,699,000 2Ms, maturing incl. Reoffered from a yield of 0.40% for price of 96 50 for those due in 1961. 1951 and 1953 to 1961 the 1941 bonds to a 8,046,000 New York City Housing Authority, were net sold to Lehman Bros, of New York and associates, at a interest cost of about 100.006 for N. Y., series A bonds 2.705%. Syndicate paid a price of combination of 2s, 2lis, 2 l^s, 2%s and 3s. Bonds mature serially from 1941 to I960, incl. and were reoffered to a on the stock increased from 25c. common Mfg. Co.—Extra dividend of 25c. a share and a regular quarterly dividend of like amount on the common stock, both were paid on Sept. 20, last. Black Mammonth a Consolidated Mining Co.—Initial dividend of 1 J^c. on the common stoek. share, payable Oct. 25, 1940, Bourbon Stock Yards Co.—Extra dividend of 50c. stock, payable Oct. 1. Brager-Eisenberg, Oct. 1, 1940 on this issue Jan. 30, 1939. common on Jan. stock. compares Insurance a on the with $1.60 share a Mfg. Co.—Extra dividend of $4.50 quarterly dividend of $1.50 paid on Sept. 10, last. Canadian share common $1 a share was declared payable A dividend of $2.50 a share was also 22, last and Brainard Steel Corp.—Initial dividend of 25c. last on the common stock. Brown & Sharpe a Inc.—Dividend of the on paid quarterly of $3 of $100.0319 for $1,823,000 4s, due 1941-1950, inch, from Co.—Dividend Black & Decker Buffalo $9,675,000 Detroit, Mich., non-callable series F refunding bonds awarded to a syndicate headed by Lehman Bros, of New York at a net 3^s, due in Machine to 5Cc. a share and was distributed on Sept. 28 last. Birdsboro Steel Foundry & Machine Co.—Dividend of 25c. a share on the common stoek payable Oct.. 25. This compares with 15c. a share paid on Dec. 30, 1939. a Co.—Extra share were share on dividend the of a was paid Sept. 28, last, a on stock, share the on paid Sept.'20, share and common 50c. share a a regular both and a common were regular stock. Canners, Ltd.—Participating dividend of five cents a share and a regular quarterly dividend of 25c. a share on the first pref. stock. In addition, a participating dividend of five cents and a regular quarterly dividend of five cents and a regular quarterly dividend of 15c. was declared on the second preferred stock. All dividends become payable On Oct. 1, Carman Oct. 1. Jan. 25, Celanese on the 1940. , ' & Co.—Dividend of 50c. a share on the class B stock, payable This will be the first dividend to be paid on this issue since 1931, when 25c. share a was distributed. Corp. of America—Gash disbursement of 25c. a share declared common common stock, payable Oct. 15, 1940. A stock dividend of one share for every 30 shares held was ordered, payable Dec. 10,1940. yield from 0.25% to 2.85%, according to maturity. At a previous offering of the bonds the housing authority rejected, the sole bid submitted, which provided for an average net Chain Belt Co.—Dividend on the no par common stock increased from 25c. a share to 50c. a share, payable Oct. 25. cost of Clayton & Lambert Mfg. Co.—Dividend of 15c. 3.01%. 5,800,000 Pennsylvania Turnpike Commission, Pa., 3%% revenue bonds purchased by B. J. Van lngen & Co., Inc. and Blyth & Co., Inc., and associates, and placed on the market at a price of 104 and accrued interest. This offering constituted the last grand total of $40,800,000 bonds which had been con¬ tracted for by the RFC, all of which have now been offered of the to the market. a call feature. The bonds mature Aug. 1, 1968, and contain Administration contributed The Public Works an outright grant of about $29,250,0(0 toward cost of con¬ structing the now completed 160-niile highway, which covers most of the distance between PI arris burg and Pittsburgh. Bonds are secured solely by tolls. 3,000,000 Mississippi (State of), bonds were sold as follows: $2,000,000 highway, bearing interest rates of 2V£%, 2%%, 3M% and 3Hs, and due F'eb. 1 and Aug. 1 in 1960 and 1961, were pur¬ chased by an account headed by the Equitable Securities Corp. of New York, at a pr>ce of 101.01, a net interest cost to the State of about 2.97%. Reoffered from a yield of 3% to a price of 96. Approximate yield to Aug. 1, 1944, the first call date, run from 1.57% to 3.64%, according to interest rate and maturity date. A further issue of $1,000,000 refunding bonds, due from Oct. 1, 1944 to April 1,1946, awarded to John Nuveen & Co. of Chicago and associations, of about 1.24 % . as IKs, at 100.062, , a basis last, on the distributed common on stock June 15 and and compares a with share was paid Sept. 14. five cents a share dis- May 15, last. Cleveland Cliffs Iron Co.—Dividend on the $5 preferred stock increased from $1 a share to $1.50 a share, payable Oct. 5. Cleveland Union Stockyards Co.—Dividend of 25c. a share was declared payable Oct. 1 on the common stock and compares with a regular quar¬ terly of 121^c. Colt's the Patent a share previously distributed. Fire Arms of 50c. a Mfg. Co.—Interim dividend of $1 a share on A regular quarterly dividend stock payable Oct. 31 next. share was paid on Sept. 30 last. common Cornell Dubilier Electric Corp.—Distribution of 60c. a share was Sept. 26, last, on the common stock and compares with a dividend a share paid on July 10, last. Cuban Atlantic Sugar Co.—Initial dividend of 50c. a share was paid Sept. 25, last, on the common stock. made of 35c. Deere & Co.—Dividend of $1.50 a share on the common stock, payable This compares with 75c. a share paid on Dec. 1, 1939. Oct. 21, next. Detgoit-Michigan Stove Co.—Initial dividend of 10c. a share on the common stock, payable Oct. 15, next. Steel Products Co.—Dividend of 50c. stock now outstanding, payable Oct. 10. Detroit par 25c. a share was paid on July 10, last. a share An the $10 initial dividend of on new Portland Diamond creased from 10c. Cement a Co.—Dividend share to 25c. the on stock in¬ payable Sept. 20, Outboard Marine & Mfg. Co.—Dividend on the common stock increased from 60 c. a share to 85c. a share and was paid on Sept. 26, last. increased from 26, last. Patino Mines & Enterprises Consolidated—Dividend of 4Cc. a share was declared payable Oct. 1, 1940, on the common stock. The last previous cash disbursement amounted to 75c. a share and was made on common share and became a last. Divco Twin 25c. Truck Co.—Dividend on the common stock share to 50c. a share, and became payable on Sept. a Dubilier Condenser Corp.—Dividend on the common from 11c. a share to 2tc. a share,.payable Oct. 8, next. Eauitable share Investment 20c. a share distributed June 29, last. on the 85 par, common stock share, payable Oct. 1, 1940. from 15c. a share to 35c. a on and increased compares 35c. share to 7Cc. a on no Formica Insulation Co.—Dividend 25c. share to 5t a c. par the on stock increased from smace on Sept. 16, last. wi Fort Pitt Brewing Co.—Extra dividend of 2He. a share on common stock, payable Oct. 25, next. the 81 Par Froedtert Grain & Malting Co.—Special dividend of 2fc. a share and a regular quarterly of 2tc. a share on the common stock, both payable Nov. 1. General Aniline & Film Corp.—Dividend on the class A stock increased from 81.50 to 82 a share and on the class B stockircm 15c. a share to 2Cc. share. a General Both dividends paid were Sept. on Fireproofing Co.—Dividend of 5( share was declared pay¬ a c. last. able Oct. 1, 1940 on the common stock and compared with 35c. a distributed on July J, last. General share share was declared payable stock and compared with 25c. paid on July 1 Machinery Corp.—Dividend of 35c. Oct. 1, 1940 on the common and a Printing Ink Corp.—Dividend of 15c. stock, payable Oct. 1, 1940. July 1, and on April 1, last. Glen Alden 25c. Coal This Co.—Dividend on the share to 37.HC-a share, payable a a share on the common a share paid on with 10c. compares common increased from stock Oct. 21. from 50c. a Co.—Dividend on the 850 par common stock increased a share. The above distribution was made on share to 75c. Sept. 30, last. Great Lakes Steamship Co.—Special dividend of 50c. a share and a amount were paid Sept. 28, last regular quarterly dividend of similar on the no (M. A.) Hanna from 20c. stock. par common a Co.—Dividend share to 30c. on share to 25c. a Harvard on „ the par no stock increased Sept. 13, last. the common stock increased from on share, payable Oct. 15. a a share was paid Sept. 28, last stock and compares with five cents distributed on April 15, Brewing Co.—Dividend of 10c. common last. Helena Rubinstein, Inc.—Dividend on the common stock increased 25c. share to 75c. a Hickok Oil Corp. dividend of 25c. a from share and become payable on Sept. 30, last. Extra dividend of 10c. a share on the share and a a regular quarterly were paid on Both stock. common Sept. 14,last. (Charles E.) Hires Co.—Extra dividend of 3( c. a share was paid Sept. 27, last, and a regular quarterly of like amount on Sept. 3, last, both on the stock. common Hoover Ball & Oct. a share declared payable the 810 par common stock and comparts with 30c. a 1 and Apiil 1, last. Bearing Co.—Dividend of 50c. 1940, 1, on share cistributed July Fibre Corp.—Dividend the common stock increased share, and became payable on Sept. 30, last. from 15c. a share to 25c. a Indiana on Pipe Line Co.—Initial dividend of 2fc. payable Nov. 15, next. a share the new capital on stock of $7H par, Interlake Steamship Co.—Dividend on the common stock increased from 25c. a share to 75c. a share, pay able Cct. 1, 1940. International share Cellucotton Products a share and stock, common a regular quar¬ value, both no par Regent Knitting Mills, Ltd.—Dividend on the common stock increased from 4i c. a share to 8( c. a share, payable Nov. 1 next. paid Sept. 25, last, on the common stock. dends of 25c. a share were paid. In previous quarters divi¬ Republic Steel Corp.—Div idend of 812 a share on account of accumula¬ tions was declared payable Oct. 15, next on the 6% cumulative con¬ vertible preferred stock. This payment will clear up all accruals on the issue. ' Richardson Co.—Dividend 4(c. share to 50c. a on share. a the no par Payment common was made stock increased from Sept. 14, last. on Royal Typewriter Co., Inc.—Div idend of 81 a share on the common stock, payable Oct. 15, next. This represents a total distribution to date of 85 a share (including the above dividend) as compared with 83 share paid in 1939. Sangamo Electric Co.—Dividend on the common stock increased from 25c. a share to 37 He. a share, payable Oct. .1, 1940. Seaboard Finance Corp.—Dividend the last on of 15c. a share paid Sept. 30, was stock, the first since Sept. 30, 1938 when 20c. a share disbursed. common Securities Investment Co. of St. Louis—Extra dividend of ?5c. and a regular quarterly dividend of 5fc. a share on stock, both became payable on Oct. 1, 1940. Servel, Inc.—Special dividend of 25c. Sivver Steel from 25c. share a share a the no par common the 81 par, common on Castings Co.—Dividend on the common stock share to 50c. a share, payable Oct. 15. a Co.—Extra dividend of 25c. Products Sonoco share and a of similar amount were paid Sept. 30, last on the common a increased quarterly stock. Southern Berkshire Power & Electric Co.—Dividend on the 825 par. common stock increased from 40c. a share to 75c. a share and was paid on Sept. 27, last.,, (L. S.) a the no par common stock increased Co.—Dividend on Starrett from 75c. share to 81 a share and became payable on Sept. 30, last. Symington-Gould Corp.—Dividend of 25c. Co.—Extra and a regular quarterly of 37 He. a share stock, both payable Oct. 1, 1940. dividend the on 25c. of a value no-par a share was declared payable shares Oct. 16, next, on the common stock, the first on the common since Jan. 18, 1938, when a like amount was disbursed. Electric Thomson creased from 81 a Union Twist Drill 75c. share to 81 a Welding the common stock in¬ share and was paid on Sept. 3, last. Co.—Dividend share to 81.50 Co.—Dividend a on increased from the common stock share and was payable on a on Sept. 28, last. Union Wire Rope Com.—Dividend on the no-par common from 15c. a share to 20c. a share, payable Oct. 5, next. stock increased United Drill & Tool Corp.—Distribution of 20c. a share on the accumu¬ lated dividend arrearages on the class A stock along with the regular quarterly dividend of 15c. a share, both are payable Nov. current declaration clears up all accruals on this issue. The 1, next. United Illuminating Co.—Extra dividend of 50c. a share and a regular quarterly dividend of 81 a share on the common stock, both payable on Oct. 1, 1940 Universal Cooler Co.—Dividend of 81 on Hummel-Ross regular a common share and was paid on a Harrisburg Steel Corp.—Dividend 20c. the and stock, payable Oct. 8, next. Globe Hoist Co.—Dividend of 25c. a share was paid Sept-. 14, last on the common stock arid compared with 12He. a share distributed on June 10 and March 15, last. Goodman Mfg. share a Reliance Electric & Engineering Co.—Dividend of 37Hc. a share was was April 1. last. General terly dividend of 25c. a share on the became payable on Sept. 30, last. stock increased from common share, payable Oct. 1. a 83.50 of Reed Roller Bit Co.—Extra dividend of 15c. common The distribution share. a the Co.—Extra dividend Pond Creek Pocahontas Co.—Dividend on the common stock increased from 25c. a share to 37Hc. a share, payable Oct. 1, 1940. a June 30 and March 30, Lst. Foote-Burt Co.—Dividend Stove auarterly of 37Hc. a share were declared-on the 825 par common stcok. The extra was paid on Sept. 10 and the regular dividend on Sept. 30, last. share was paid Sept. 30, last with 25c. a share distributed on Machinery Corp.—Dividend of 75c. the common stock on Perfection Corp. Fedders Mfg. Co., Inc.—Dividend Food Dec. 24, 1938. stock increased of Mass. (Boston)—Dividend of 25c. a paid Sept. 27, last on the common stock and compared with was 13 MONTHLY REVTEW Oct., 1940] the conv. made was partic. on no par this issue on a was paid Sept. 30, last, A distribution of 75c. a share share class A stock. Sept. 28, 1939. U. S. Potash Co.—Dividend of 81.50 a share was paid Sept. 28, last, on This compares with 25c. a share paid in the three preceding quarters and 81.25 a share on Sept. 28, 1939. the common stock. U. S. Refining & Mining Co.—Dividend on the 850 par stock increased from 81 a share to 81.50 a share, payable Oct. 15. Smelting, common next. Interstate Wagner Baking Corp.—Dividend of 40c. a share was declared payable Oct 1, 1940, on the common stock, and compares with 25c. a share disbursed on July 1 and April 1, last. Jones & Lamson Machine Co.—Initial qir rterly dividend of 2Cc. a share Western Pipe & Steel Co.—Dividend resumed on the common stock by the declaration of 25c. a share, payable Oct. 10, next. The last payment was of similar amount and was made in December, 1938. common Department Stores, Inc.—Dividend on the common stock resumed by the declaration of 15c. a share, pay atle Oct. 1, 1940. On Nov. 1, 1937, a distribution of 5( c. a share was made. and special dividend of 5(c. a new common a share from 2Cc. a paid Sept. 25, last, were the on stock. share to 30 c. share, and a on was the common payable on stock increased Sept. 30, last. Petroleum Corp.—Extra dividend of lfc. a share and a regular quarterly of 15c. a share on the common stock, both payatle Oct. 10. Medusa Portland Cement Co.—Dividend a share to 75c. a the on common on 50c. a a share was paid Sept. 30, the common stock, the first on this issue since Sept. 20,1938 when share was disbursed. Piping & Supply Co., Inc.—A dividend of 25c. a share was on the common stock payable Oct 15, next. This compares 20c. paid on July 15, last. declared . Moore Corp., Ltd.—Dividend on the common stock increased from 40c. share to 50c. a share, payable Oct. 1, 1940. a Mountain States Power Co.—Dividends on the common stock increased from 25c. a share to 37He. a share, payable Oct. 21, next. Mount Diablo Oil Mining & cent Oct. Development Co.—Extra dividend of share and a regular quarterly of similar amount, 1, 1940 on the common stock. a both one payable (F. E.) Myers & Bro. Co.—Extra dividend of 81 a share on the no par common stock, payable Oct. 25, next. A regular quarterly of 75c. a share was paid on Sept. 25, last. National Folding Box Co.—Extra dividend of 25c. share and a regular quarterly of 50c. a share both on the common stock. The former becomes payable on Nov. 1, next and the latter on Oct. 1, 1940. a National Pressure Cooker Co.—A dividend of 20c. a Sept. 30 on the common stock and compares with 15c. Sept. 30, 1939. share was paid on a share distributed on New Orleans Public Service Co.—Div idend by the declaration of 10c. first dividend since Jan. the common New York Auction Co., a share and was a 3, on share, payable Oct. 1. This represents the 1933, at which time 14 1-6 cents was paid 15. made Inc.—Dividend of 25c. a share on the common The last previous payment amounted to 15c. Dec. 27, 1939. on the 85 par capital stock increased from 25c. a share to 35c. a share and became Sept. 30, last, Industries, on the payable Inc.—Dividend of 90 c. common on a Oct. 15, next. share paid was stock and compares with 6Cc. a share distributed in the two previous quarters. increased from Certificates—Dividend 831.30 to 837.80 a share and ' on certificates of became payable from 25c. a CHANGES Aluminum Castings Corp.—Dividend of l?Hc. Sept. 20, last on the common stock. This compares tribution of 25c. a share made on Dec. 20, 1939. paid a share was with a dis¬ a share was declared on the 15. This represents a reductien from the that has been maintained since Feb., 1937. Consolidated Oil Corp.—Div idend of 12 He. common stock, payable Nov. 20c. quarterly rate Cream of Wheat Corp.—Dividend on the common stock decreased from 5rc. share to 4f c. a share, payable Oct. 1. a Electric Duncan Mfg. Co.-—Dividend on the common stock decreased share. Payment was made on Sept. 10, last. from 25c. a share to Kc. a International Paper Co.—No action taken at the Sept. 10, 1940 meeting with respect to the payment of dividends. Kendall Refining Corp.—Dividend of 10c. a share was declared payable Oct. 1, 1940 on the common stock, and compares with a distribution of 15c. a share paid on July 1, last. Montreal Telegraph Co.—Dividend on the 840 par, reduced from 65c. a share to 55c. a share payable Oct. stock common 15. National Candy Co.—Directors decided at a recent meeting to omit the dividend ordinarily due at this time on the common shares. A dis¬ tribution of 25c. a share was made on July 1 and on April 1, last. Pacific Tin Consolidated Corp.—Dividend of Kc. a share was paid on Sept 30, last, on the common stock and compared with 20 c. a share on June 29 and on March 30, last. Sharon Rv.—Dividend to 81 a on the common stock reduced from 81.25 a share share and was paid on Oct. 1, 1940. United Dyewood Corp.—Dividend usually payable at this time on the 7% cumul. preferred stock was omitted. A regular quarterly of $1.75 a share was paid on July 1, last. COURSE OF The stock. Holding Corp.—Initial dividend stock, payable Nov. 1. of ing THE STOCK MARKET DURING SEPTEMBER quickening tempo of business resulting from the plac¬ defense orders of 50c. in larger volume was reflected a share in September in the stock market in rising prices and increased Barring momentary hesitancy around the middle of the month, tone Corp.—Extra dividend of 5rc. a share and a regular quarterly of similar amount, both payable Oct. 1 next, on the common common increased on Sept. 15, last. Service a UNFAVORABLE Novadel-Agene Ohio 81.10 share turnover. North American Bond Trust interest stock 1, 1940. common Co.—Dividend on the common stock share to 81.35 a share and became payable on on New York Transit Co.—Dividend Noblitt-Sparks the common stock resumed shares. stock, pavable Oct. the distributed National Steel Corp.—Dividend on the 825 par, common stock increased from 50c. a share to 75c. a share and became payable on Sept. 30, last. on on Electric Suburban Sept. 27, last. Advance Midwest with Co.—Dividend stock increased share and became payable Oct. 1, 1940. Merge ^thaler Linotype Co.—Dividend of 81 last Worcester increased from MacMillan from 50c. Oil Wiser share to 50c. a share, payable Oct. (I. B.) Kleinert Rubber Co.—Dividend the stock market maintained a firm throughout September, allowing prices to advance for the fourth consecutive month. Only in comparison with the extraordinary dulness of the preceding month, however, did on the the September activity in the market shape up favorably. MONTHLY 14 began the month market Tlie well, with the first week all. A relatively good day for prices on Sept. 4 revived market interest sufficiently on the following day to make for a turnover of 1,247,420 shares, the largest total since June 12. While the advance did not equal in extent that of the previous day, the market on Sept. 5 did manifest distinct signs of broadening out, and the number of issues deait in expanded by approxi¬ mately 100, or 13%. But at this juncture speculative inter¬ est began to be chilled by the increasing violence of the German bombing raids on London. For a few days the market community appeared to believe that England's days were definitely numbered, what with the constant pounding the sharpest price rise of showing bombers and the indications that the long- German of the off. expected invasion might not be far by the Royal Air Force dispelled these anxieties to some degree after a few days. By the end of the second week of the month prices had begun to stand their ground, and from that point to the month-end the market devoted itself to rolling up a modest advance. the defense put up But to the state it reached in the first week, but, nevertheless, it was notice¬ able that the days of largest turnover were the days of advancing prices. The news of the signing of the military alliance between Germany, Italy and Japan, obviously aimed at the United States, caused a slight setback to prices on Sept. 27, but the last two days of the month were days could interest Trading be not rekindled of advancing prices. According York New to the average of 50 stocks compiled by the "Times," prices moved upward 3.13 points in September to the 97.53 level, following advances of 1.71 points and 2.49 points, respectively, in August and July. Over the month as a whole the railroad stocks showed up somewhat better than did the industrials. The large volume being moved on the railroads, together with the of traffic prospoct that progress of the defense program would stimu¬ late the heavy industries—and hence rail traffic—substan¬ tially, helped to strengthen rail shares. The fact that the railroads were more immune to the excess profits tax de¬ and pressant the Administration's the gathering force of KEVIEW at 13„ and then recovered to 162% at the Consolidated Edison Co. of N. Y. opened 28% Sept. 3, rose to 29 on Sept. 6, slipped to 26% on 160% at Sept. 26% recorded by the manufacturing, store, railroad equipment and copper issues. Oil and utility stocks were definitely laggardly, while the rise in shares, the best advances stocks steel of stocks was of Sept. 30. General Electric opened at 34% Sept. 3, sold off to 32% on Sept. 13, then reacted to 35% on Sept. 25, and ended the month at 35% on Sept. 30. United States Steel opened Sept. 3 at 55%, dipped to 53% on Sept. 12, to 59% on Sept. 24, and closed moderately then advanced than that Motor stocks were higher on the step¬ generally. 124% on Sept. 24. and ciosed Sept. 30 at 122. Westinghouse EJec. & Mfg. opened Sept. 3 at 102%, fell back to 100 on Sept. 9, then moved forward to 109% on Sept. 24, and ended the month on Sept. 30 at 107%. In the railroad moved to up list, Atchison Topeka & Santa Fe opened Sept. rose to 18% Sept. 5, dropped back Sept. 13 to 15%, Chesapeake & Ohio opened at 41 on Stock volume, the September markets the New York Curb Exchange amounted to voiume on with 1,470,910 September, 1939. Bond volume on the Curb was $19,328,000 par value as against $15,041,000 in August and $37,437,000 in Septem¬ ber, 1939. In spite of the rise in stock prices in September, the gulf between stock market performance and corporate earn¬ ings continued to be the widest on record. In many lines production and trade were extremely active, and yet stock prices were lagging much farther than usual behind the shares August and 8,511,394 shares in in in business indexes. the loss of September compared 1,805,992 shares The uncertainties arising from the Continental war, European markets, and the higher conspired to hold the market back. Steel operations at the month-end were at 92.5% of capacity, which, with the exception of the 92.9% rate for the week of Sept. 16, was the highest operat¬ ing rate of the year. The output of heavy goods in virtually all lines was very large. Department store sales showed about the usual seasonal increase in September, though the tax rate being laid on corporate earning power August sales were unusually large for the time of year. In the bond around with the exception of foreign issues, which were again de¬ pressed. United States Government bonds advanced by a large fraction to within less than a point of their record highs, while prime municipal and corporate obligations reached the best levels on record. Some of the second-grade department prices were better all issues, especially in the rail group, scored sizable gains. The foreign bond average of the New York "Times" showed a 2.18-point recession in September to 39.82 record low of 36.00 on July 16, 1940. veloped weakness after the Triple Alliance and Italian bonds moved still nearer as against the Japanese issues de¬ was As to the fluctuations in individual stocks, Allied Chemi¬ cal & Dye opened on Sept. 3 at 156, fell back to 151 on Sept. 12, advanced perceptibly to 164 on Sept. 25, and closed Sept. 30-oae point lower at 163. American Tel. & Tel. opened at 161% Sept. 3, advanced to 167% on Sept. 5, sold ex-div. Northern Pacific, improved at 8%. finish the month a trifle opening at 7% on Sept. 3, reached its peak at 8 on Sept. 5; it later declined to 6% on Sept. 12, and closed the month higher at 7% on Sept. 30. Union Pacific advanced from 87 Sept. 3 to 90 on Sept. 6; it subsequently declined to 83 on Sept. 13, and then recovered at the close on after Sept. 30 to 84. , following table we indicate the range for the current month of ten each of the more active foreign, raihoad and industrial bonds: I In the Sept. 3 Sept. 30 Range During September, 1940 Closing Opening Bonds Price Highest Lowest Price Foreign Governments— 64 67% Sept. 24 Sept. 3 11% 11% Sept. 3 12% Sept. 6 12% -.I960 1977 89 % 93 Sept, 5 91% 53 89% Sept. 3 62 % Sept. 12 54 Sept. 18 53% 1942 Canada gold 4s Cuba 4Hs 38 % 34% Sept. 25 40 Sept. 19 34% 16% Norway 4%s Sept. 26 16 % Sept. 3 14 45% Sept.30 66% Sept.30 50% Sept. 9 45% 82 83% Sept. 11 67% 40% 33 % Sept. 30 40% Sept. 7 Sept. 3 33% 5 6% 6% 1960 Peru 6s 12 % 49 1965 1951 -.1954 1965 German 5%s stamped 61 61 Argentine 4s ____-Feb. 1972 Brazil 6%s of 1926 1957 6% Sept. 3 Railroads— 5% 1975 Chic Milw St P & Pac 5s Chic& North Western 4%s..l949 2 % 1943 51% Delaware & Hudson 4s 2 Sept. 5 Sept. 5 5 2% 54% 13% Sept. 15% Sept. 30 15% 105% Sept. 26 105% 52% Sept. 59% Sept. 24 67% 57 % 55Sept. 60 63 % 62H Sept. 67% Sept. 24 103 Great Northern 4s series G-.1946 54% 2013 N Y 1978 Northern Pacific6sseries B..2047 Chicago & St L 4 %s 6 2% Sept. 55% Sept. 23 4% Sept. 50Ml Sept. 102H Sept. 14 Ml 1975 Erie 5s series 1930.. New York Central 4%s 59 Sept. 23 66% St Louis-San Francisco 4%s_1978 9% 9% Sept. 10% Sept. 1956 57 % 64Mi Sept. 58% Sept. 5 52 7 Southern Ry 4s 5 58% Industrial— Amer & 49% 2030 Foreign Power 6s; Sept.13 48 Sept. 49% Bethlehem Steel 3%s 1952 108 107 107 Columbia Gas & Elec 5s-_: 1961 104 % 104% Sept. 104% Commonwealth Edison 3 %s. 195S 122% Interboro Rapid Transit 81 5s--1966 29% .1955 Internat Tel & Tel 5s Manhattan Ry 4s 1990 70 % Portland General Elec 4 %s.. 1960 Third Ave Ry adj 5s 19 1960 104 % Youngstown Sheet Ac Tube 4s 1948 BUSINESS VOLUME OF Sept.30 108% Sept. 5 3 105% Sept. 7 121 Sept.13 123% Sept. 6 81% Sept. 4 80 % Sept.10 34% Sept. 7 23% Sept.30 86 Sept. 12 86 Sept.12 3 72% Sept. 6 21% Sept. 11 18% Sept.27 4 102 % Sept.25 104% Sept. 70 % Sept. 121% 24"" 71% 19 102% EXCHANGE ON 1 HE STOCK • 1940 M onth of Sei 11,940,210 $ Bond sales (par value)— 57,091,430 23,826.970 . 109.915.000 14,453.000 94,417,000 22,374,0(0 227,997.000 Foreign government 25.691,000 8 140.305.000 26,075,000 1.597,000 Total bond sales 227,101.000 17,163,00.) 16,698.000 125,965,000 United States Govt Jan. 1 to Sept. 33,854,188 $ 8 Rnllroad and miscell 480,789,000 133,954.000 182,078,000 153,826,695 201,296,216 200,493,888 300,659,953 30— Stock sales (no. of shares). Bond sales 1937 1938 19391 tember— Stock sales (no. of shares). 8 (par value)— 8 8 8 Railroad and miscell 955,618.000 1,075.749.000 1,012,563,000 1.615.383.000 Foreign government 160,871,000 185,481,000 179,907,000 265.540.000 31,725,000 286,979,000 108,739,000 313,613,000 United States Govt.... 1,148,214,000 1.548,209,000 1,301,209,000 2,194,536.000 Total bond sales VOLUME OF BUSINESS 1940 ON THE CURB 1939 EXCHANGE 1938 1937 Month of September— Stock sales (no. of shares). 1,865,992 $ Bond sales (par value)— 8.511,394 $ 518,780.000 Foreign government 36,610.000 144,000 Domestic 220,000 2,934,490 8 21,358,000 513,000 7,621,155 $ 27,949,000 882,000 404,000 Total bond sales 607,000 684.000 662,000 19,328,000 Foreign corporate announced, default levels. the reached on Sept. 5 at 14%, and it ciosed Sept. 30 somewhat lower at 13%. New York Central reached it top figure Sept. 5 at 15%, its low point of the mouth Sept. 3 at 13, and closed on Sept. 30 at 14%. improved from its opening sale of 13% on Sept. 3. Southern Pacific opened Sept. 3 at 8%, advanced Sept. 5 to 9%, oii'.v to iater react on Sept. 12 to 8% and Sept. 3 at 12Va ; its peak of the month was on Japanese 6 %s showed an improvement over the uncommonly low August figures. Dealings on the New York Stock Exchange amounted to 11,940,210 shares as against 7,614,850 shares in August and 5r« ,091,430 shares in September, 1939. In spite of the im¬ provement over the August figures, the September turnover was the smallest for any corresponding month since 1918. Stock turnover for the first1 nine months aggregated 153,826,195 shares, the smallest volume in 19 years. Bond turn¬ over amounted to $125,965,000 par value as against $79,705,000 in August and $480,789,000 in September, 1939. regards Sept. 4 at 12 after opening point lowest its touched month Italy 7s As Sept. 3, moved up frac¬ tionally to 41% on Sept. 4, then receded to 38% Sept. 12, and closed better at 40 on Sept. 30. Delaware & Hudson Denmark 6s fication of the defense effort. and closed at 16%. Baltimore & Ohio's initial sale on Sept. 3 was at 4, advanced Sept. 5 to 4%, reacted to 3% on Sept. .13, and closed on Sept. 30 at 4%. ever, Airplane stocks, how¬ .unable to profit substantially from the intensi¬ 3 at 10%, improvement modest with ping up of assemblies of new cars. were Steel preferred sold at 117 on Sept. 4, Sept. 30 at 58. lower were proportions smaller the month moderately improved at and closed 13, on campaign against commodity price increases helped some¬ what to restore rail issues to investors' favor. Among the industrial Sept. on Sept. 30. close on 37,437,000 22,555,000 29,493,000 Jan. 1 to Sept. 30— Stock sales (no. of Bond sales shares) (par value)— Domestic. Foreign government Foreign corporate Total bond sales „ 31,769,464 S 33,586,470 8 31,593.743 8 82,924,567 $ 225,467,000 341,033,000 243/318.000 325,139,000 1,689,000 5.023,000 3,299,000 5.154,000 9,728,000 4,503,000 4,935,000 7,907,000 232,179,000 348,835,000 253,407,000 342,774,000 THE MONEY MARKET DURING of trial and borrowings, largely as a result expansion by causeu were national than smaller in counteracted expansion in the amount of currency in cir¬ by the steady was coming from abroad are used to increase foreign deposits with the Fed¬ eral lteserve banks. .Notwithstanding these offsetting fac¬ the fact that some of the funds showed a total of $246,900,000 of open outstanding at the end of August, compared with $232,400J)00 at the close of July and $201,100,000 at the end of August, 1939. RATES FOR 25 increased $160,000,000 to $0,650,000,000, still remaining considerably below the high of 000,000 of Treasury bills to replace similar maturities, was to an offering on Sept. 25 to holders of $737,- confined 1940, of the privi¬ lege to exchange these notes for 2% bonds due June 15, 1955. Gold imports during the four weeks ending Sept. 18, as reported by the Department of Commerce, totaled $299,200,000, of which amount $191,800,000 came from Canada, $21,200,000 from Australia, $18,200,000 from Portugal, $15,200,000 from Netherlands Indies, $11,200,000 from Russia, $9,500,000 from Argentina, $8,500,000 from Mexico, and $5,300,000 from United Kingdom. After taking into account a decrease of $40,000,000 in the amount of gold held under earmark, the gold stock of the country increased about $330,000,000, or close to $21,200,000,000. Discount holdings 161,000 of 1V2% notes maturing Dec. 15, 12 the Reserve after banks, from increasing further $3,818,000 Aug. 28 to $5,534,000 Sept. 4, subsequently receded to $4,582,000 Sept. 25. Total member bank reserves in¬ creased steadily from $13,515,998,000 Aug. 28 to $13,703,Sept. 25. No change in the extremely low level rates occurred during the month, and yields on 112,000 of money showed further declines, with the average rate on 91-day Treasury bills quoted at 0 013% as compared with 0.028% at the end of the previous month, and those on short-term Treasury notes at 016% against 0.51%, and those on long-term Treas¬ ury bonds at 2.21% against 2.27%. On the Stock Exchange gilt-edge securities, due to a sharp advance in prices, the call money Week Ended— 3... 1 1 Sept. 4... 1 1 Sept. Sept. 17.. 1 1 1 1 1@1 1@1 1@1 Week's average (mixed & Indus, coll.) 1 1 1 1 IX IX IX IX IK IX IK IX IK IX IK IK IK Thirty days Sixty days Ninety days Four 6... 1 Sept. 6... 1 Sept. 7... Sept. 8 Sept. IX IX IK months Five months IK IK IK IK Six months- IK IK IK IK K@1 H<& 1 K@1 K@1 H@1 K@i Kfel Commercial paper: Double and single names: Prune 4 to 6 months----— Good 4 to 6 months H®1 bankers' acceptances remained very dull, the continued dearth of bill offerings. Outstanding acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New 1'ork, issued,Sept. 17, aggregated $181,813,000 Trading in chiefly because of $235,034,000 July 31 $79,585,000 Aug. 31, and domestic warehouse credits 31 Aug; to $188,350,000 against July 31 and Import bills increased from $75,465,000 Aug. 31,1939. from $26,413,000 to $29,262,000, while export bills declined .from $32,081,000 in stored to $24,272,000, and bills based on goods shipped between foreign countries from $32,- or Bills held by accepting banks totaled amounted to $103,184,000 Rates for bankers' accept¬ be quoted at V-2% bid and 7/16% asked 327,000 to $28,901.000. whereof own bills of others to $44,448,000. $147,632,000, and bids continued to ances 30-day, 60-day and 90-da.v bills, at 9/16% bid and V£% asked for 120-day bills, and at %% bid and 9/16% asked for bills running 150 and 180 days. The New York Federal for Reserve in Bank, ditions in "Monthly its "The bill market remained levels. unchanged ing at the end of {in about amount discussed con¬ acceptances as follows: extremely quiet during Septem¬ offering rates remained Dealers' ber. Review," market for bankers' the largely nominal at The volume of bankers' bills outstand¬ August totaled approximately $182,000,000, $6,000,000 smaller than in July and $53,- previous. stored The decrease during the by contractions of $30,and $10,000,000, respectively, in bills based on goods in or shipped between foreign countries and bills to Sept. 18-. 1 1 1 Sept. 19.. 1 1 1 Sept. 20.. 1 1 1 finance exports." 1 Holiday Sept. 1 1 2 1 1 Sept. 1 1 Sunday Sept. 16.. 1 1... 1@1 Range lor week (mixed <fc Indus, coll.) Time loans (mixed & Indus, collateral;: 000,000 Sept. Sept. 28 past year is largely accounted for Renewal High hept. 21 Call loans on Stock Exchange: 000,000 less than a year Low Renewal High hept. 14 7 drawn rate was unaltered at 1%. CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE Low MONEY AT NEW YORK i>ept. $0,880,000,000 recorded about the middle of July. Govern¬ ment financing, besides the usual wTeekly issues of $100,- of returns market commercial paper Sept. although that mercial paper dealers during the four weeks tors, excess member bank reserves ending the Federal Reserve Bank received from com¬ Sept. 17 announced York its effect immediate past, and the the excess reserve position, moreover, culation and Under date of New of substantial rate, the accession was some¬ the country at a on program, defense circula¬ market While gold continued to flow into during the past month. what tne the amount of money in the outstanding features of the money further sharp rise in a tion banks, commercial of the indus¬ impending substantial rise in an and industrial %%. SEPTEMBER deposits of reporting member A further increase in indications 15 MONTHLY REVIEW Oct., 1940] | Sept. 21.. Sept. 22— Sipiday Sunday Sept. 23— 1 1 90 Days 120 Days 150 Dtiys 60 Days 180 Days30 Days Accept'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid <fc Asfc Bid & Ask Secured bt 1 1 ACCEPTANCES Call Loans Saturday Saturday PRIME BANKERS* Sept. Sunday 9... 1 1 1 Sept. 24.. 1 1 1 Sept. 10—_ 1 1 1 Sept. 25— 1 1 1 2 Sept. 11.._ 1 1 1 Sept. 26.. 1 1 1 3 XaXt Ka'ie Ha' te Ka'ie 12... 1 1 1 Sept. 2 7.. 1 1 1 4 Ka'ie 'ieaK Ka'ie Ka'ie Sepc. 13... 1 1 1 Sept. 28— 5 Ka716 Ka'n Ka'ie Ka7is 9ieaK Sept. Ka'ie Ka7u 9i«aK Ka'ie Ka'ie Sept. 14... 6— Ka'ie Ha'u Ka'ie Saturday Sunday 9ieaK Ka'ie Ka'ie Ka'ie Saturday Sunday Sept. 29— Sunday Sept. 15... Saturday Sept. 30.. 1 1 1 —_ Holiday 7 8 loan rates on security collateral increased activity in security trading, few new tions asked were largely for, transactions and accommoda¬ concerned again the renewal of older loan contracts. DAILY RECORD OF TIME LOAN RATES Ka7u Ka'ie 9ieaK Ka9ie Ka'ie Ka'ie Ka'ie Ka'ie 9ieaK Ka'ie Ka'ie Ka'n Ma'u Ka'ie 9ieaK Ka'ie Ka'i6 12 Xaht Ka'ie Ka'ie »ieaK Ka9ie Ka'ie Ka'ie Ka'ie Ka7ie 9ieaK Ka9ie Ka'i6 Ka'ie Ka'ie Ka7 is 9ieaK Ka9ig Ka'ie 17—. be to 11 16— continued 10— Ka'ie Ka'ie Ka7ie 9ieaK Ka'ie 18 Time quoted nominally at l1/4% for 90-day loans, and 1 M»% for loans running 180 days. Notwithstanding the moderately Ka'ie Ka7i« 9i tax Ka'ie Ka'ie Ka'ie Ka'ie Ka'ie Ka7i« 9ieaK Ka'ie Ka'i6 Ka'ie Ka'ie Ka7ie »ieaK Ka'ie Ka'i6 Ka'ie Ka'ie 9 13— ..... Saturday Sunday 14 15 19 ----- 20 21 30 Dags 60 Da'js 4 Months 90 Days 5 Months 6 Months Saturday 22 Rates on Mixed Collateral Sunday Ka7ie 9ieaK Ka'ie Sept. 8ept. 2.. Holl day 3_. 1 X Sept. 4_. l X IK IX 26— IK IK IK IK 1X IX IX IX 7_. 8_. IK IK IK IK 30 Sun day Sept. Ka'ie Ka'ie Ka'ie 716 Ka'ie Ka7ie 9ieaK Ka'ie Ka'ie Ka'ie Ka7i« Saturday 9ieaK Ka'ie Ka'ie 9ieaK Ka'ie Ka'ie Sunday Ka'ie Satur day Sept. Ka'ie 9ieaK 29— IK 5_. 6.. 9ieaK Ka'ie 28 IK IK IK Sept. Sept. Sept. Ka'ie Ka'n K . 27 IK . — . ■ IK IK IK _.. Ka7u Ka7i6 Ka7i« 25 Satur day Ka'ie Ka'ie 23 24 1_. Sept. Ka'ie Ka'ie Ka'n RETURNS OF THE FEDERAL RESERVE BANKS- 9__ IX IX IK IK 10_. 11__ Sept. 12__ Sept. 13_. IX IX IK Sept. IX IX IX IK IK IK IK IK Sept. IK IK IK IX IK IK IK IK IK attained again expanded. In these developments there was nothing out of the ordinary. They have been the staples of the IX IX IK IK BROKERS' IK Excess IK Sept. 14._ Satur day Sept. 15— 16 17_. 18.. 19.. 20.. 21.. Sun day IK IK IK IX IX IK IK IX IK IK IK IK IX IK IK IK IK IK IK IX IK IK IK IK IK 23__ IX IK IK IX IK IK IK IK IK IK IK IK Sept. 24 Sept. 25_. IK IK IK IK IK IK IK IK IK IK IK IK Sept. Sept. Sept. Sept. Sept. IX IX — IK Sept. 26.. IX IX IK IK IK Sept. 27-- IX IK IK Sept. 28._ Sept. 29.. Sept 30.. IX IK IK While their total vestment grade prime with most with the paper remained demand. paper of rate the for offerings insufficient Rates for continued business to four- to done to range at specially choice w7ere a This change the from lower names larger, active six-month %% in¬ average to 1%, figure, and again quoted Federal Reserve Bank of New York to foreign customers. IK trifle satisfy the CITY during the month was an enlargement in the services ren¬ Sun day 1 a dered by the Satur day commercial YORK banking position for an indefinite number of months. The new banking twist which the banking statistics took f-un day __ IN NEW one IK satur day Sept. Sept. 22— Sept. IK LOANS increased in September, the gold stock further new high record and currency circulation reserves at in Federal Reserve practice came to light in the week ended Sept. 4 when a footnote to the banking figures called attention to the fact that the item "foreign bank deposits" had been revised to read "foreign deposits" as it now included deposits of some foreign governments for whom the Federal Reserve Bank of New York, as fiscal United States Treasury, had open accounts. Federal Reserve banks have always balked at accepting deposits of any foreigners except banks of issue. If foreign governments wished to keep funds with the Federal Reserve banks, they could do so only through their respective agent of the Up to now the / MONTHLY REVTEW 10 The form of the announcement of the central banks. ac¬ deposits directly made it plain that the move was made at the request of the Treasury. After the new change of policy was made known in the first week of September, the figures in the system's con¬ solidated statement as of Aug. 28 were revised to conform to the new practice. These revisions called for marking down other deposits by $102,372,000 and raising foreign deposits by a like amount. It was revealed that these foreign government deposits had been included among other other deposits until determination could be had of their ultimate disposal. In this week ended Sept. 4 foreign de¬ posits of the Federal Reserve Bank of New York increased by $254,590,000 to a total of $569,876,000, reflecting the concentration in that one regional institution of all of the foreign government funds in the system. For tiie four weeks from Aug. 28 to Sept. 25 foreign deposits of the 12 Federal Reserve banks increased by $123,036,000 net to a total of $1,011,324,000. Over this same period the volume of foreign deposits on the books of the ceptance of foreign government ' Federal Reserve Bank of New York rose $259,340,000 to a this one regional bank having on Sept. 25 a larger amount of foreign deposits than all 12 banks had a year earlier. The concentration of foreign money in the Federal Reserve banks is now a factor of no mean influence in determining the volume of excess reserves of member banks. Were the total of foreign deposits in the system now around the levels considered normal over most of the life of the Federal Reserve banks, the supply of actual reserves of all member banks would be approximately $900,000,000 larger and the quantity of excess reserves around $700,000,000 larger. Actual reserves of member banks increased $187,114,000 in the four weeks here under review to a total of $13,703,112,000, while surplus reserves increased $160,000,000 to a total of $6,650,000,000, which was <$230,000,000 under the record high reached in July. The principal sources of supply of bank reserves in the four week period were the increase of $295,000,050 in the gold stock to a new record high at $21 ,166,000,000, the $20,562,000 decrease in the Treasury's de¬ posit balance in the reserve banks to a total of $792,532,000 and the $7,000,000 rise in Treasury currency. Offsets to these additions to bank reserves included the $8,000,000 reduction in the volume of Federal Reserve credit, the $84,total of $574,626,000, with 000,000 expansion in currency circulation to a total of $3,090,000,000, the $36,000,000 rise in non-member deposits and other Federal Reserve accounts and the $7,000,00J increase in Treasury cash. Behind the $36,000,000 increase in nondeposits lay a $123,036,000 rise in foreign deposits and a $95,815,000 reduction in other deposits. The shrink¬ age of $8,000,000 in Federal Reserve credit was accounted for by a decrease of $8,054,000 in the Federal Reserve banks' holdings of Government securities, Treasury bonds being lower by $596,000 and Treasury notes by $7,458,000. Bills discounted for member banks were up $734,000 to a total member of $4,582,000 and gold certificate deposits Reserve banks increased $281,322,000 to with the Federal a total of $18,- . It investments of the reporting banks in NewYork City increased $28;030,COO to $9,596,000,000 in the four weeks from Aug. 28 to Sept. 25. For a change, the enlargement in credit volume was made possible this time by an increase in loans, which were up $91,000,000 as against a reduction of $63,000,000 in investments. The principal and demand for loans was felt in the commercial, industrial and was were $28,000,000 higher at $20,984,- Reporting New7 York City banks' loans to brokers and dealers in securities—the so-called brokers' loans—increased $42,000,000 in the four weeks from Aug. 28 to Sept. 25 to a total of $301,000,030. Street loans, as compiled by the New York Stock $31,495,962 during September to $358,6S6,502 Sept. SO from $327,190,600 Aug. 31. On Sept. 30, 1939, the aggregate of these loans outstanding amounted to $467,059,867. COURSE OF Exchange STERLING increased EXCHANGE SEPTEMBER DURING The New York free market for the pound sterling seems to have the virtually disappeared since Aug. 1 as the result of progressive drying up of the supply of sterling balances which had strictive been British held in American regulations accounts before became effective on the re¬ July 18. The elimination of demand and of supply also is largely re¬ further curtailed still regulations new a United premium. The the free sterling market, and it is thought they may even result in its entire abrogation. dispatch from the Bank of England to the New York Committee stated that from Sept. 20 it was "pre¬ A Bankers pared to receive applications for permission to open regis¬ tered accounts in the name of firms and companies, but in the United States," and other individuals, resident not designated places, as above. "Applications must be made by the banker with whom the account is to be kept and must clearly indicate the nature of the business which the account holder conducts, the nature of the transactions, both debit and credit, which will pass over the account, and approxi¬ mate turnover expected, such applications to be entertained only if the accounts are maintained with a banker appointed Form 83," prescribed, in previous regulations published by the Bank of England. "No such registered account may be opened without prior consent in writing of the Bank of England. When permis¬ to approve sion to an open followed be has been obtained, procedure to under which the account is to account and conditions operated will he those which apply, under notice dated 18, to accounts in the name of a bank. The banks whom accounts are kept will be responsible for sub¬ mitting to the Bank of England monthly statements of account called for in paragraph 7 of that notice." That free market sterling would be virtually eliminated was announced early in July. The range for free sterling cable transfers during September was between $4.02% be July with and $4.05%. . month the Bank of England's official rates continued at $4.02% buying and $4.03% selling. The official rates quoted by the Bank of England during the Throughout New York, $4.02%-$4.03%; September were as follows: $4.43-$4.47 (Canadian official. 90.09c.-90.91c. per United States dollar); Australia, 3.2150-3.2280; New Zea¬ Canada, land, 3.2280-3.2442. American commercial bank rates for official tinued at sterling con¬ $4.02 buying and $4.94 selling. previous months, London ex¬ Germany, Italy, Poland, Czecho¬ slovakia, Norway, Denmark, Holland, Belgium, or France. During September, as in change was not quoted on Germany was nominally quoted free or gold mark, and around marks. Italian lire were nominally New York exchange on around 39.95 for the so-called 12.00 for registered in previous in the mark, was extremely restricted, and in New York there were no quotations for the currencies of the countries invaded by quoted in New York during September, as months, at 5.05, but business in the lira, as Germany. ing . increasingly in demand and at permitted to have registered sterling accounts. were appears 000,000. the that Sept. 23 the New* York Foreign Exchange Committee On creased $27,000,000 to a total of $3,704,000,000. deposits—adjusted September published revised British exchange regulations which- per¬ mit the opening of registered sterling accounts in the name of companies registered in the United States, Philippine Islands, and United States dependencies, as well as in Switzerland. Under former rules only designated banks agricultural category, which increased $62,000,000 to a total of $1,753,000,000, a new high for the season. Open market paper, however, decreased $8,000,000 to $74,000,000. In the investment department, the reporting New7 York City banks showed decreases of $50,000,000 in Treasury bills and $48,000,000 in Treasury notes and increases of $1,000,000 in Treasury bonds, $&,000,000 in Government guaranteed securities and $25,000,000 in other securities. The weekly reporting banks in 101 cities showed a rise of $104,000,000 in loans and investments to a total of $24,284,000,000, with loans up $183,000,000 and investments down $79,000,000. Commercial, agricultural and indus¬ trial loans expanded $123,000,000 to a new7 seasonal high of $4,578,000,000. Decreases of $62,000,000 in Treasury bills, $25,000,000 in Treasury notes and $19,000,000 in Treasury bonds were shown, while Government guaranteed securities were unchanged at $2,583,000,000 and other securities in¬ Demand throughout evident States dollar was In 843,300,000. Loans sponsible for the fact that on frequent occasions during September the rate for the free pound in New York was quoted above the Bank of England's official rates for ster¬ ling. The market was relatively dull in both free and registered official sterling. . Free market been sterling has since the beginning supplied largely balances from owned sterling securities. sale of foreign-owned of the war by withdrawals of existing foreignLondon and from the proceeds of the During September by London to eliminate the sale of such securities, thereby still further reducing the supply. On Sept. 3 the Bank of England issued a second list of bearer securities which might have fallen into enemy hands. The list covered 76,932 certificates and bonds repre¬ several steps were taken senting 529,111 shares, or bonds with a total of £2,298,618. market that The Bank the at same sterling value time notified the other lists would be issued from time to time. Reserve Bank, on Sept. 3, the Bank of England clarified the situation in free sterling contracts and stressed the curb on the free pound. The London cable stated: "From inquiries received here there By a cable to the Federal New York banks hav¬ contracts entered into prior to July 18 that, provided the contracts were in¬ cluded in lists sent to their London correspondents, New York banks or their counter-parties concerned are entitled to effect covering operations without restriction. As from July 18 these covering operations are subject to the general to be an impression among outstanding free sterling restrictions by which United free exchange States residents may purchase sterling only from other residents in the United States and may sell free sterling to residents in the limited group regis¬ of countries with which we have no arrangements for tered, special, &c., accounts. New York banks are aware of the countries falling in this group." On Sept. 6 the New York Foreign Exchange Committee an¬ nounced that it had cabled to London as follows: ling is $4.03% bid. ficial sterling to London cable cover authorities whether "Free ster¬ The market is asking if they may use of¬ free sterling requirements of market." replied: demand for free "It is not clear from your sterling is on the United MONTHLY REVIEW Oct., 1940] Should be glad to supply Amer¬ States or foreign account. demand, but for administrative reasons are reluctant ican to provide free sterling at $4.03 % to meet all United States needs, but we shall require to be advised of ultimate beneficiaries. Appli¬ Foreign Exchange Committee we will cations should be made Bank the to through England of It should be recalled that order an issued in London was Aug. 21 barring the importation into the United Kingdom of all monetary notes of the Bank of England. The market was advised that holders of such notes had until Aug. 27 on to deliver them to bank a the in mission to and credit in London. the greater States for United It would trans¬ that during seem part of September holders of British currency notes continued to return them to London, even though the That this was the case could be definitely asserted, but Bank of England statements period of grace had expired. not for the three weeks ended circulation in return of currency notes from abroad. least to the Bank The Sept. 25 showed a total decrease £5,233,000, believed to be due in part at of of England for statement ended week the earlier, and with £500,921,407 for the corresponding week of 1938. Note circulation on Aug. 15 of £613,906,516 was the highest in the Bank's his¬ tory. The Bank's rediscount rate remained at 2%, to which it was reduced from Oct. 26, 1939. on held under earmark to total of about a The gold tember, and tourist demand for Canadian dollars has ceased be factor in a market ranged 17%% and Montreal funds the. market. during month the between a the free in discount September the Federal Reserve Bank of New York said in its "Monthly Review" for Oct. 1: "In much as New the as York market for sterling has dwindled to negligible proportions and trading remains now suspended whose in the American in interest centered the of those "frozen" are exchange market Western the on currencies assets discount the on European countries Executive Order, during the month past Hemisphere currencies, Canadian many of dollar the in unofficial ber, reaching a substantially toward the middle of Septem¬ maximum of 17%% on Sept. 14. This weak¬ Canadian in exchange was of American funds repatriation largely the result of the through the free market, than more and one- $200,000 from British India. CONTINENTAL As has been the a year the situations. London noted above invaded in New in the of resume is countries not sterling, ex¬ either quoted or York, ■ ■ . It became had fallen The • ■ increasingly evident during September that the under German Reiohsbank European countries domination. statement as of 23 showed total Sept. gold holdings of 80,405,000 marks. The gold item included foreign currency reserve, which had been reported sepa¬ until the statement of June 26, 1939. The Bank's rately circulation note Not fully stood at single item a When the World War began accepted. Bank's 12,107,244,000 marks. in the Reichsbank's statement circulation 2,909,422,400 was in marks. Marks exchangeable and rency the end anywhere in November, 16,959.000,000 marks. was In September there extent of Reichsbank was or no At 1918, the circulation to way were true cur¬ go'd valuation. on the conflict, of a ascertain the true German note liabilities, because so following the redemption of Cauadian bond issues. many current in Germany ments. In addition, special issues of occupation notes payable in that currency. During the latter part of the Canadian dollar diminished month the pressure against the and the unofficial discount narrowed "Substantial fluctuations Latin several American again to about 12%%. occurred also in the rates for currencies during September. In¬ exchanges was stimulated by the action taken United States Congress in authorizing an increase As than is marks the countries. for about a of purpose of the Export-Import par Western power Hemisphere Sept. 21 and by Sept. 24 had reached $0.2060. The rate subsequently showed a partial reaction, however, ending the month at about $0.2025. The discount on the Cuban on disclosed these should Germany's after widening somewhat to about 11%% on Sept. 10, to 8% a week later, apparently as a result of short covering induced by the expectation that a $50,000,000 loan, which had been authorized by the Cuban Government, amount to $32,427,336, computing the In September Rome authorities stated gold holdings amounted by the Export-Import Bank. month was 8%%. The of the lira, 5.2631c., the German gold stock accounted Sept. 23 the lifting of the tariff barriers between on Reich the and decreed to rarily to as low as $0.2285 on Sept. 14. to have been in anticipation of ment of the official Sept. IS the Argentine Argentine rates authorities a rate for the" This weakness possible readjust¬ for the dollar. temporarily On suspended the granting of prior exchange permits for the importation of American goods, for the announced reason of permitting a careful of applications for such permits, but the suspension of per¬ was reported to have been terminated on Sept. 26. "Among the European exchanges, some resumption of com¬ examination of the relative merits and urgency mits mercial market demand for the Swiss franc was evident in this during the latter part of the month, and the rate Swiss exchange was permitted to appreciate from $0.2279 to $0.2291. for somewhat "The free pound-dollar rate, which had appreciated dur¬ ing August to parity with the rate of $4.03% at which the British authorities make sterling available against dollars, advanced further to high of $4.05 on Sept. 25. Some "free market" sterling, however, appears to have been supplied by the British authorities at the official rate to meet Amer¬ ican demand, and by the end of the month unofficial quota¬ a tions had returned to the level of the official rates." Details of the gold movement at the Port of New during September were outlined as abolished protectorate of effect take Bohemia and Oct. 1. on follows in the It henceforth that On Sept. Janssen of 23 Brussels dispatches the National Bank at the semi-annual the entire gold York a should be States dollar crowns. stated Belgium that had Governor announced meeting of the shareholders that almost of the Bank had been transferred reserve abroad at the formal request of successive finance ministers. The transfers made were and the gold was in prior to the German occupation the vaults of the United land, France, and South Africa. in June," he said. now A He indicated that perhaps Copenhagen dispatch circulation of the in kroner 1940. more of it is January, of of Sept. 26 stated that the note Bank of Denmark 1939, Statements of balance the States, Eng¬ "At any rate, it was there "on the other side of the Atlantic." to rose from 441,000,000 674,000,000 kroner in August, Denmark's currency reserves and exports and imports are the longer included in no monthly statement of the National Bank. Instead, there appeared a clearing account of 300,000,000 kroner last August, indicating the Danish export surplus, chiefly to Germany. Reliable reports stated that Danish prices of alt necessaries had risen since July, 1939, hy 21%, fuel prices by 97%, and taxes by 37%. Amsterdam Bank 8.100.000 dispatches The of guilders 400.000 guilders. tainly The of Sept. Netherlands in its gold Netherlands 17 reported showed reserve The question to where this increase in "Monthly of signalized crown United one the was incorporation into decreed that the Czech was and Moravia This action should be quoted at 25 crowns instead of 29 The discount at free Argentina peso appreciated about lc. to $0.2365 in the first three weeks of September, but subsequently reacted tempo¬ appears 20,000,000,000 by the Reichsbank but unaccounted for by other German sources would total approximately $1,052,620,000. The spread of German autarchy was emphasized when the Reich. the to If this figure is assumed to be computed at the gold last step toward former Czechoslovakia's of of Sept. 23, it is as narrowed end are arbitrary values imposed peso, the are public state¬ for assisting The rate for the Mexican peso, which had held month near $0.2006, was allowed to appreciate would be made amounts great deal more gold is held in Germany in the official statement. At 80,405,000 a gold mark at 40.33c. that for unascertainable regards the Bank's gold holdings well known that lire. $500,000,000 in the lending in which did not figure in by the German authorities. by the Bank of marks used in the invaded countries with terest in these of varieties be can 1914 the the Canadian Although exchange regulations prohibit the repatriation of the proceeds of sales of Canadian securities held by non¬ residents, the latter may sell in the unofficial market Cana¬ dian dollars, derived from their holdings of maturing issues in and only occasional quotations in New York for the German mark and the Italian occur lira. As the on FOREIGN EXCHANGE since the outbreak of the war, ever nothing of a reliable nature can be said re¬ Continental foreign exchange and monetary ago, specting OTHER AND case then, at least before the opening of hostilities, market widened ness of reported by the Department of Commerce, a total of $229,200,000 of gold was imported in the four weeks ended Sept. 18. Of this amount. $191,800,000 came from Canada, $21,200,000 from Australia, $18,200,000 from Portugal, $15,200,000 from Netherlands Indies, $11,200,000 from Russia, $9,500,000 from Argentina, $8,500,000 from Mexico, $5,300,000 from the United Kingdom, $5,200,000 from Curacao, $4,000,000 from Japan, $3,500,000 from South Africa,/ $1,300,000 from Hongkong, $1,200,000 from the Philippines, by which showed rather substantial fluctuations. "The $1,660,000,000 at the end of September. States increased about $330,- stock of the United financial and economic affairs of all the the foreign exchange situation during on for As of discount of 12 1/16%. a In commenting York the Federal Reserve banks for for¬ at 000,000 during the month, a reduction third compared with August. change Canadian exchange showed no important changes in Sep¬ to New of ' a wide range of sources and in considerable number during September, but the total volume of imports declined further from the peak reached last June. Gold a year 3% Bank Reserve received from Sept. 25 showed total note circulation of £604,764,000, com¬ pared with £541,S33,476 Federal the eign account decreased about $40,000,000 during the month London correspondent." or of Shipments of gold to the United States continued to be registered and free accounts. permit transfers between Inform London office Review" Oct. 1: arose an to in a could not the total of of 1,128,- banking circles gold could have Bank that increase come have from. as Cer¬ withdrawn gold previously deposited in London and New York, and it MONTHLY EEVIEW 18 nation could settlement of trade bal¬ ances. A probable explanation seems to be that the pressure of living conditions may have forced the relinquishment of metallic currency or sound foreign notes by many hoarders. ' Swedish currency remained steady in the New York mar¬ seemed have , conceivable that any nearby hardly sent gold to Amsterdam in 23.85c. for cable transfers. The other remaining free currency, the ket at around Swiss franc, was generally firm in New York throughout the month around 22.79c. for cable transfers. However, on Sept. 28 the unit suddenly firmed up to 22.90c., and on Sept. tween 22.89% and 22.97. The firmness in the Swiss franc reflected mand, which in turn was believed to tion of Swiss funds. Word was 30 ranged be¬ increased de¬ be due to some repatria¬ received in New York, Sept. 28, that the Zurich authorities had of the Swiss franc in relation to raised the official the United States dollar. The rate had been approximately 4.38 francs to the dollar and was changed to 4.37, equivalent to increasing the New York price for the franc from 22.83c. to 22.88%c. A further indication of the lessening of financial and political tension in Switzerland was the report on Sept. 27 that the Bank for International Settlements, which had moved from its headquarters in Basle, Switzerland, to the mountain town of Chateau d'Oeux, just across the French "border, planned to return to Basle on Oct. 4. Exchange on the Latin American countries was steady throughout September, due to the activity of the various national exchange controls. It was increasingly evident, however, that all the Latin American countries were labor¬ ing under the difficulties of unfavorable trade balances. On Sept. 17 the New York Foreign Exchange Committee reported the receipt of advices from the Bank of England that Uruguay had been included in the British system of special sterling accounts. The Uruguayan peso had been exceptionally steady for some time around 36.75c. rate Buenos Aires that Argentina dispatches on Sept. 19 were to the effect had placed an embargo on all future imports On Sept. 24 the Buenos Aires Ex¬ from the United States. change Control Commission issued a statement as follows: "In view of the different interpretations placed upon the action of Exchange Control Office the in delaying for 15 permits for dollar exchange, the Min¬ istry of Finance wishes to point out that this has a purely days the granting of administrative object. It is due to the intention to examine carefully the problem which has arisen owing to the con¬ siderable increase in The there these Exchange should be recent requests for exchange permits. advisable that short postponement in the granting of Control a Office considers it permits in order to adapt the permits granted to the requirements of the country, endeavoring as far essential exchange possible to satisfy those requirements with the as available.'' Sept. 26 the Argentine Finance Minister announced termination of the recent embargo on imports from the On the United States. * unofficial The 22.95 on milreis were 5.15 on or free market rate on Buenos Aires was 3 and 23.25@23.30 on Sept. 30. Brazilian quoted at 5.01@5.15 on Sept. 3, and at 5.02@ Sept. Sept. 30. Exchange on the Far Eastern countries seems not to have disturbed in September by the Japanese dispute over been by the news that joined Germany and Italy in a military The Indian currencies were exception¬ ally steady owing to the firm London control, but the Hongkong dollar and the Shanghai yuan fluctuated widely as political events in the Far East and in Europe tended to the question of French Indo-China or later Japan had formally and economic pact. circumscribe trade in these areas. The London price for silver was 23%d. on Sept. 2, and 22.25@ Shang¬ Sept. 3, and 5.48@5.75 on 23.43@23.50 on Sept 3, and 7/16d. on Sept. 30. The Hongkong dollar was 22.56 on Sept. 3, and 23.81@24.12 on Sept. 30. The 23 hai yuan was 5.15@6.00 on Sept. 30. Yen checks were 23.44@23.50 on Sept. 30. RATES OF EXCHANGE ON LONDON FOR POUNDS STERLING Bankers' 1 Sept. 2 Sept. 3 4..— 5 Sept. Sept. Sept. Sept. Sept. Sept. a4.03% 4.03 6 7 a4.03% 4.03 a4.04 4.03% a4.03% 4.02% a4.03% 4.02% o4.03% Sept. 12 3.99 3.99 1 4.03 O4.04 3.99 4.03 a4.03% 4.03% 04.04 4.03 a4.03% 4.03% 04.04 Sept. 16_. Sept. 17 Sept. 18 Sept. 19 Sept. 20. Sept.21 Sept. 22 Sept. 23 — — — 4.03% 4.03% 4.03% 4.03% 3.99 3.99 SUNDAY 04.03% Sept. 13.. SUNDAY 3.98 4.03 Sept. 14 Sept. 15 3.98 4.02% O4.04 4.02% 04.03% 4.02% a4.03% Sept. 11 a4.04 3.98 t 4.02 % a4.03% Sept. 10. a4.03% O4.04 a4.04 a4.04% SUNDAY SUNDAY 8 9 SUNDAY HOLIDAY 4.03% 4.03% 4.03% 4.03% 4.03% o4.03% 4.03 Bills, Sight SUNDAY HOLIDAY 4.03 Commercial HOLIDAY SUNDAY Sept. * Bills Cable Transfer Sight SUNDAY 3.99 3.99 3.99 SUNDAY O4.04 4.03% a4.04% 3.99 a4.04 4.03% a4.04% 4.03% 04.04 4.03% a4.04% 3.99 4.03% O4.04 4.00 a4.03% a4.04 4.03% a4.03% 4.03% a4.03% SUNDAY 4.03% 04.04 SUNDAY 3.99 3.99 4.01 SUNDAY 4.03% 04.04% 4.00 Sept.24 4.03% a4.04 4.03% a4.04 4.03% 04.04% 4.00 Sept. 25 4.04 O4.05 4.04% 04.05% 4.00 Sept. 26 4.03% 04.05 4.03% a4.05% 4.00 Sept. 27 4.03% 04.03% 4.03% a4.04 4.00 Sept. 28 4.03% o4.03% 4.03% 04.04 4.00 Sept. 29 Sept. 30 For SUNDAY 4.03% 04.04% SUNDAY 4.03 % a4.05 4.00 daily rates of foreign exchange usually given here see page 112. New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING SEPTEMBER 1940 Bond Sales 1940 1939 $125,965,000 1,148,214,000 September Jan. 1 to Sept. 30 $480,789,000 1,548,209,000 Stock Sales September Jan. 1 to 1940 Shares_ Sept. 30--.. — — 1939 11,940,210 153,826,695 57,091,430 201,296,216 NOTICE—Cash and deferred delivery sales are disregarded In cue month's range unless tbey 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 which they occur. No account Is taken of such sales In computing the range for the year. The tables on 19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during Sept. 1940, and the range for 1940. They,need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. pages The italic letters in the column headed "Interest Period" indicate in each In accordance with the rule adopted the month when the bonds mature. case by the New York Stock Exchange in 1909. all quotations for interest-paying bonds price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective Jan. 2, 1909. Quotations after decimal point repre¬ sent one or more 32ds of a are at a point. Sales in . — Price BONDS September : S'c PRICES IN SEPTEMBER Jan. 2, 1940 N. Y. STOCK EXCHANGE Value Bid Ask Sept. 3 Bid 1947-1952 A O 119.31 Sale 119.29 Sale .1944-1954 J D 114.28 Sale 120 Sale Ask 120.7 . M "s 1941-1943 M J" ....1943-1947 3,000 Registered 31,000 Treasury 3Vi8 I,000 Registered 25,000 Treasury 3 Via 1,000 Registered 28,000 Treasury 3 Vis June 10 21.6 119.27 113.18 113.21 113.26 113.29 113.16 Apr. 8 Sept. 5 120.3 Sept.27 17 June 10 21.4 Apr. 8 Sept.26 11.18 June 10 15.6 Apr. S D 114.22 114.28 4 104.21 Sale I09?20 1Y0" Sale 120.20 Sale ii4h9 Sept. 4,113.22 Sept.23 11.21 May 29 114.23 114.6 15.3 3 114.19 Apr. Sept. Sept.26 11.16 June 10 15.9 Apr. 5 Sept. 6 114.6 Sept. 6 14.1 Aug. 14.8 Jau. 30 102.10 Sept. 27i 102.20 Sept. 3 02.10 Sept.27 04.24 Jan. 5 108:9" sept: 13! 106:22 Sept. 5 hY Jan. 4 102.10 Sale 108:11 108". 14 i6§ho 1941 F A Sale 130.17 103.20 103.8 Sale 103.8 Sept.23|103.14 "d i65:27 A 1944-1946 A O Sale 110.12 Sale 11Y.I 3 D 1949-1952 J mho D 7 1946-1949 Sale 109.13 Sale 111.27 112.4 ill ao Sale 111.28 112 HOYS Sale" nohh 110.22 Sale May 31 66:30 Sept. 17 08.2 Aug. 14 09.21 Mar. 4 Sept.12 03.8 Sept. 23 05.17 Jan. 4 Sept. 10 103.9 Sept. 10 03.9 Sept. 10 108.18 108.12 Sept. 11 108.19 Sept. 23 07.12 June 10.1 Jan. 4 Sept. 17 108.14 Sept.23 07.11 June 10 109.11 109.14 109.7 09.30 Jan. 11 Sept.14 109.16 Sept.24 07.30 June 10 10.21 Apr. ft Ili:31 112.2" 07.29 June 10 Sept. Sept. 24 08.23 June 3 12.13 Apr. Aug. 1 11.29 Mar. 23 09.14 May 24 13.10 Apr, 6 2 25 108:15 112.21 Sale 111.10 112 h" 3 111.27 Sept. 4 112.24 3 Sept.23 10 S 1955-1960 M 58,000 Treasury 2 Vis 1,000 Registered 1945-1947 M 15,000 Treasury 2Vi8 1948-1951 "s 167:30 Sale l07:28 Sale S 109.5 Sale 108.30 Sale M~ 8 56,000 Treasury 2Vis...............1951-1954 68,000 Treasury 2 Vis 108:8 108.16 108 h"o 7 1956-1959 M 7 1958-1963 ........ 1960-1965 J Registered Sept. ill hi" Sept ."26 08 Y" I 10.17 Apr. Jan. 25 110.19 10.17 Jan. Sept. 111.12 Sept. 23 07.20 June 10 11.30 Sept. 111.11 Apr. Sept. 18 08 May 22 107.28 11.1 Sept. 109.2 Mar. 23 Sept.23 04.20 May 28 09.16 Sept. 108.28 04.28 Apr. Sept. 24 June 10 108 '.29 Sale 109.12 Sale. 108". 14 169"" D 107:12 s'ale 107:20 Sale "S ioahh Sale 108.30 D D 160:20 Sale 3 June ..1945 ..... 7 ~D 108 45 Sale 106.31 108 167" Sale h 109.15 Sept.25 06.20 June 11 09.26 108.29 June 3 2 5 06.20 Apr. Sept. 09.12 Mar. 8 Sept. 109.5 Sept.25 05.24 May 23 09.19 Apr. 1 Sept. 30 04 he" May 28 66:30 Apr. 4 8 107.20 1 Sept. 3 108.15 Sept." 4 07.24 Sale 107 ."21 Sale 107.5 106.31 Sept. 108:5" Septus 07.24 Mar. May 24 08 12 Apr. May 07.28 Mar. 18 8 2 106.29 Sale 107.21 Sale 108:12 108:24 106.24 Sept. 9 107.28 Sept. 25 1948 M - 1949-1953 J S 108.15 108.27 I07:i8 107~.24 107:29 108" Sept. 25 May 28 08 June 11 Apr. 04.25 June 13 03.15 June 10 08.1 Apr. 2 Apr. 07.29 2 Vis 2 Vis 1950-1952 M 1951-1953 J 1954-1956 J 2s 1947 J 40,000 Treasury 2s................. 1948-1950 J _ l66:i8 Sept. 6 l66:23 Sept.24 06.18 Apr. 4 June 11 09.13 Apr. 5 105.25 Sale S 105.17 Sale D l66:i2 Sept.27 i66h"7 Sept. 18 66:13 May 24 105.25 Sept. 3 106.13 03.2 66:31 Mar." 10 Sept. 25 May 28 07.2 Sept. 16 105.29 Sept. 3 106.14 Sept. 10 104.10 Sept.16 03.3 June 05.29 03.4 Sept. 10 Sept. 28 07.3 Apr. Sept.19 01.7 May 24 May 24 04.23 Sept. 3 103.29 02.2 Apr. Sept.25 July 23 03.29 Sept. 5 105.22 Sept.19 02.28 Sept. 25 June 10 05.30 Sept. 5 104.19 Sept.26 01.13 June 04.24 Apr. Apr. May 23 04.8 Mar. 15 105.27 Sale 102.31 Sale 108 47 108.21 106.13 Sale 01.14 105.13 Sale D D loci's 104.23 D 103 103.6 106.15 106.19 105.27 103.16 103.19 104.8 104.12 103.23 103 Sale 103.22 103.26 103 105.3 105 6 105.19 105.24 105.14 103.26 103.29 104.17 104.21 103.30 ......... Federal Farm Mortgage Corp— 3 Vis ..1944-1964 M 8 108.11 108.16 108.8 3s 1944-1949 M N 1942-1947 / J 105.7 105.12 2 Vi> 1942-1947 M 105.2 105.8 3s 8 Home Owners Mortgage Corp— 3s Series A..... ........1944-1952 Af N Sale 107.24 108 107.15 107.29 107.30 108.2 107.24 107.16 107.20 107.25 107.28 107.17 104 104.4 103.23 103.27 103.16 103.24 103.28 103.22 103.26 107.7 107.10 107.14 107.17 107.9 1 Via series M 1942-1944 j" "j 1945-1947 J D 104:17 104.22 101.15 101.24 107.21 Sale" 101.28 102 Sept. 5 108 Sept. 10 107.23 Sept. 19 104.2 4 Apr. 4 3 3 3 2 Sept. 25 05.22 June 8 08.24 05.20 Apr. • Sept.19 May 24 08.21 03.16 Apr. 8 Sept.18 May 15 May 23 05.15 Jan. 9 05.2 Jan. 24 4 03.0 Sept. 6 6 107.19 Sept. 25 05.4 May 31 08.12 07.17 Registered.. 2Vis Series O 4 2 105.29 D Registered 2Vis..; 3 03.13 07.29 106.13 106.20 5 107.22 Mar. 03.24 03.14 Registered .... Sept. 24 Sept. Sept. 108.16 07.14 106:28 108:23 108.28 08.28 8 3 108.29 Saie ..... NEW 4 110.22 — 9,000 Mar. 29 iii hi 1YYI4 Registered 23,000 10.14 111.12 Sale Registered Treasury 2 Vis Sept. 10 111.1 Sale Registered........ 6,000 Treasury 2 Vis 03.9 108.11 167,000 Treasury 2 Vis II,000 Treasury 2 Vis 3 11.2 16§:f6 110.10 Sale 5,000 Treasury 2 ViB Registered 186,000 Treasury 2Vis 07 2 108.10 1943-1945 Registered Sept. 17,108.8 103.9 105.13 Sale 1946-1948 7 D 36,000 Sept.13 114 113.18 114:6" 1951-1955 M 28,000 Sale Prices 17.2 48,000 Treasury 3s II,000 Sale Prices Sept.26 Registered 56,000 Treasury 3s I,000 Registered Registered Sale Prices 1 Highest 4 120.8 108.8 18,000 Treasury 3 Vis Registered 15,000 Treasury 3 Vis —i— Registered 8,000 Sale Prices Lowest Sept. Registered Treasury Treasury Treasury Treasury Highest 114.6 1946-1956 - Registered 17,000 Treasury 3 Ha 21,000 1,000 19,000 108,000 208,000 7,000 RANGE SINCE JAN. Lowest 120.10 119.30 114.25 Sale 33,000 Treasury 3Hs 2,000 Sept. 30 Ask Bid U S GOVERMENT BONDS 24,000 Treasury 4 Via 3,000 Registered 64,000 Treasury 4s. 1,000 Registered 14,000 Treasury 3 Vi 8 2,000 Registered —----- Apr. Feb. 23 166:22 07.17 Feb. 23 Sept." 16 03.1 June 4 04.25 Mar. 6 102.17 Sept. 25 00.5 June 4 02.17 Sept. 25 103 he Sale" 103:15" Sept.27 102.8 102.11 101.30 Sept. 7 YORK CITY Transit Unification Issue— 2,145 3% corporate stock 1980 J D FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia)— 3,000 AGtd sink fund 6s_. ..1947 P A 2,000 "5",000 iGtd sink fund 6s 1948 A 27 k 27 Akershua (Kingd of Norway) 4s_1968 M 8 lAntioqula (Dep tot) Ool 7« A..1945 19,000 iExternal s f 7s series B 1945 5,000 ^External ■ f 7s soles O 1945 28,000 iExternal s f 7s series D 1945 1,000 i7s 1st series 1957 14,000 a7s 2d series 1957 1,000 a7s 3d series 1957 11,000 Antwerp (City( extl loan 5s 1958 Argentine Nation (Govt of)— 8 f external 4 Vis 176,000 ...1948 179,000 Sinking fund external 4 Vis...1971 8 f external cost loan 4s.Feb 1972 393,000 257,000 8 f external csnv loan 4s. .Apr 1972 H O For footnotes see page 30. J J 14 14 14 14 A A O O A O J D 13 13 13 k 66 k 30 20 20 94 17 18 ♦ 23 25 ----- 10 k Sale 96 % 20 Sale 95% Sept. 13 97 k Sept. 26 23 2054 Sept. 11 2054 Sept.28 21 Sept. 9 20H Sept. 13 20 25 25 33 k 11 Sale 17 17 15k 11 Sale 10 Sale 9k 9k 9k 9k 16k 10 11 Sale 8k 10 8 k Sale Sale 69 MN 94k Sale MN V A 88 80 k A 79 k O Sale 96 k 9% 9k 23 Ilk 27 8 k 21k 10k 11 11 11 10 24 Sale 80 Sale Sale 79% 67 Sale Sale 61 Sale 68 k 64 Sale Sale 63 k Sale 81k 61 71k 88 % May 21 20 June 7 20% Sept. Apr. 8 May 7 % May 7 k May 7 k May May 28 10 40 10 Sept. 25 954 Sept.28 11 Sept. 3 10 Sept. 20 9% Sept. 19 9 Sept.20 8% Sept. 30 21 Sept.19 Sept. 3 11 Sept. 3 11 Sept. 3 11 Sept. 3 9% Sept. 19 10 Sept. 3 8% Sept. 30 25 Sept. 7 79k Sept. 67 Sept. 61 Sept. 61 Sept. 82% Sept. 18 7354 Sept.24 67% Sept. 24 67 Sept. 18 3 3 3 3 11 23 22 24 24 31 June 17 May 28 May 29 70k July 16 97 % May 28 H Fob. 29 Feb. 66 16 15 Mar. IS 15% Feb. 15 16 15% 15% 14% 14% 14 % 77 Feb. Feb. Feb. Feb. Feb. Feb. Apr 96 % Mar. Mar. 61 % June 12 95 64k July 55k July 87k Mar. 87k Mar. 15 15 9 15 14 14 1 15 15 4 C 7 7 7 N. Y. STOCK 20 Sales in BONDS September n. y. stock Value Jan. 2, > 1940 exchange Bid ~'Sepfr&^xp~S$t.-30 857,000 233,000 366,000 180,000 179,000 215,000 (Dominion) gold 4s_. —1960 30-year gold 5s .--.1952 10-year 2%s Aug 15 1945 25-year 3 %s_. "—i 7-year 2 Hs 30-year 1967 30-year 3s --— 1968 ACarlsoad (City) s f 8s_ _ 1954 }944 O 101% MN 106% F A J J J J J 96% 93% 96% 88% 88% MN 10,000 14,000 28,000 3,000 11,000 "8,066 "3",660 ACologne Oct ----Jan AColombia Mtge Bank 6%s ASinkingfund 7s of 1926 "2",660 ASinking fund 7s of 1927 33",606 Copenhagen external 5s 1952 M S A J D MN J A O 7%s unstamped s f 78 stamped unstamped German Gov't International— A35-year 5%s stamped... 296.000 a5%s unstamped 12,000 7s 1965 1965 A5%sstpd (Canadian holder). 1965 AGerman Republic 7s *7s unstamped 312.665 5,000 3D stamped..1949 1949 D O 11 11% 11 11% 11 Sale 10 10 ..... 11% 11% 10 17 10% 13 10% .... 9% 4% 6 10% 12 10% 21 14 Sale Sale 27% Sale 26 27% 20 30 20 Sale a(Cous Agric L n) AGreek Govt secured 7s 17,000 10". 000 75 75 32% 67 1,000 6,000 17 4% ..... 12 57% 20% 70% 70% 11% 20% 20,000 16,000 2,000 18,000 14 000 (Kingdom) extl • f 7s 1951 47 000 Italian Ured Consortium 7s B...1947 197 000 Altallan Public Utility • f g 7«-.l952 179',666(J»n»nese Govt extl s f 6 %s 1954 Ixil sinking fund 5%« 1965 126,000 E 322,000! For footnotes see page 30. J D M 8 J J F A MN 25 16% 18% 14% 20% 7 24% 78 13 7% 10 46% 19 63 ----- 90 . —. 52% 21 8% 29% 49% 21 60 13 9 4 4 20% Sept. 20 25% Sept. 19 25% Sept. 20 72 Sept. 30 10% 30 11 Sale 18% 17% 10 Sale 12 25% 8% 9 22% 30 94% , 70 10 6% 6% 6% 6% 11% 10% Sept. 26 Sept. 30 67% Sept. 23 69 Sept.25 70 Sept. 20 68% Sept. 28 17 Sept. 27 Sept. Sept. Sept. 72 Sept. 70 Sept. 68% Sept. 17 Sept. 71 7% Sept. 18 8 46% Sept. 27 12% Sept. 10 58% Sept. 18 16 20 13 19 20 28 27 47 Sept.25 46 60 Sale 34% 31% 28% Sale 82 Sale 58 Sale 10 Sept.20 13 17 Jan. 11 July 12 June 13 10 %i June 2 17 12 17 10% June 13' June 12 2 Jan. 9 14% Mar. «June 15 12 2 14% Apr. 27 14% Mar Jan. 17 171 10% June 12 5. 12% July 2 9 Jan. 14% Mar. 10 9 9 16% Jan. 14% Apr. 22 10% June 15 12% June 26 10 Sept. 28 17 4 Jan. 17 14% Mar. 16% Jan. 9 June 10% June 14 14% Mar. 9 10% June 13 16% Jan. 13% May 6 12 9 June 11 8 8 10% June 13 9% June 10 11% July 16 16 16 Jan. 5 11 14 Jan. 23 11% June 26 16 Jan. 4 9 9 June June 13% Apr. 25 13% Jan. 25 17% Apr. 1 11 Jan. 5 Jan. 11 26% 27% 26% 52% June July 51% Aug. 98 49 104 June Mar. 13 63% Mar. 13 55% Mar. 13 22 June 26 68% Sept. 28 11% June 18 7 17 13% Feb. 26 73 67% Sept. 23 65 June 12 68 May 18 40 Jan. 81% Apr. 22 14% June 27 May 8% Sept. 8% Aug. 20 Apr. 18% Apr. 17% Apr. 65% July Mar. 13 Mar. 7 85 70 65 Feb. 9 Feb. 13 Jan. 27 Mar. 13 21 Apr. 6 102% Mar. 13 5 103% Apr. 101% Jan. 26 62 Apr. 5 13 May 97% June 93 17 5 34 % Mar. 4 34 Feb. 21 15% May 22 15% May 22 May 28 20 Aug. 19 20% Aug. 8 16 Apr. 19 15% Apr. 15 65% June 17 100 8 Mar. Aug. 30 May 17 Jan. 2 9% May 27 40% Jul/ 12 92 Apr. 9 12 3 75% Apr. 75 Apr. 13 1 Mar. 15 75 75% Mar. 18 75% May 1 75 Mar. 23 17 July 15 16 Feb. 53% Feb. 80 Mar. 20 Sept. 105 Jan. 92% Apr. 118 Apr. 109 Apr. 23 14 13 27 18 16 19 24 12% Sept. 26 10 Sept. 19 16% Sept. 11% Sept. 5 8% Jan. 5% Feb. 23 8 20% June 17 17 June 24 16% Sept. 26 9% Sept. 26 20% Sept. 3 10% Sept. 28 10% Jan. 6% Apr. 2 29 25% June 18 18% June 24 20 Sept.13 68% 8% 4 11 Sept. 10 16 Sept. 27 16% Sept. 27 69 10% 10% Sept. 70 68 20 7% 8% 7% 8% 7% 9% 8% Sale 29 27% 60 53% 9% 19 June .Tune 45% July Jan. 3 Sept. 28 16 17 Sept. 13 Sept. 27 Sept. 27 Sept. 27 42"" "50" 8 June 27 15 Sept. 20 12 45% Sale 36 29% 27% Sale 67% 51% June 3 July 18 7% June 13 10% Aug. 24 7% May 15 65 Aug. 13 7 May 27 10 May 22 22% Jan. 19 9 18 12% 9% 30 / June 25 19% June 27 Apr. 20 15 10 40 Sept. 16 20 Sept. 27 63% Sept. 11 15 50 27 49 Sept. 19 38% Sept. 20 40 Sept. 20 1-5" !°* \U 18 15 Sale 10 68 16 90 40 34% Sept. 33% Sept. 32 Sept. 2 3 9 Jan. 88% Jan. 10 7% June 20 8 Mar. 106 14 15 89 Sept. 20 29% Sept. 29% Sept. 68 Sale 12% "l5~" 3 6% Apr. 15% July 21 45 June 58% May 31 59% May 31 3 13 71 68% May 28 10 5 70 65% .... 50 10 70% Sale 70% 75 53 Sate 79% Sale 60% Sals 61 9 Jan. 96% Jan. 93% Jan. 96% Jan. 6 5 68 70"" June 10 67 67% June 26 107 72 3 24 4 10 Apr. 11 June 35 67" 8% 29% 15 6% 6H 91 Sept. 19 14 May 28 101% Jan. 8% July Sale .... 75 75 16% 12% 23% 84% 8% 20 31 17 13 Jan. 83 10 71 14 15 69 18% German Prov & Communal 19,000 May 28 9% June 7. 20 7J% Sept. 16 Sale 25 12% Apr. 14 Sept. 17 13 27% Sept. 17 26% Sept. 28 72 40% July 3 Sept. 4 22% Sept. 12 34% Sale 33% Sale 33% Sale June 26 9% Sept. 30 7 25 29 June 12 14 Sale Sale" 65 July 65% Feb. 63% Mar. 66 Feb. 67% Mar. 45% Apr. 11% Sept. 11 12% Sept. 14 11 Sept. 9 11% Sept. 26 10 Sept. 28 11% Sept. 11 10% Sept. 23 11% Sept. 11 10% Sept. 5 12 Sept. 4 10% Sept. 5 72 12 Sale 1 Sept. 28 12% Sept. 14 11 Sept. 9 11% Sept. 26 10 Sept. 28 11% Sept. 11 10 Sept. 18 11% Sept. 11 10 Sept.12 11% Sept. 26 10 Sept.16 23 65% ~ — 24 8 21 74 8 Jan. 87% Feb. 13 10% Mar. 18 10 24% 65% Sale 78 18% Sept. 27 10 Sept. 20 12% Sept. 14 11 Sept. 4 12% Sept. 10 11 Sept. 25 12 Sept. 3 Sept.18 12% Sept. 16 11% Sept. 25 12% Sept. 4 11% Sept. 25 26 74 108 12 May 29 15% Sept. 13 10 Sept.20 12% Sept 14 11 Sept. 4 12% Sept. 10 11 Sept. 3 12% Sept. 3 11 Sept. 3 12% Sept. 16 11 Sept. 3 12% Sept. 4 11 Sept. 3 26 68% 70% 70% 15 90 Sale 11% 19% 101% 104 June 40 20 9% 72 30 Sept.13 9% Sept. 8 25 Jan. 31 17 Sale 6 8 18% Jan. 79 6 10 8 Mar. June 12 41 —. 10 38% 13 11 Sale Mar. 19 Apr. 5 Mar. 19 Sept. 27 Sept. 27 Mar. 7| 14% Aug. lO May 29 9% June 11| . Sept. 27 Mar. July 31 38% June 12 39% June 11 18% Sept. 9 18% Sept. 13 100% Sept. 9 101% Sept. 4 100% Sept. 14 100% Sept. 14 99 Sept. 18 99 96 Sept. 54 Sept. 18 52% Sept. 53% Sale "53"" Sale 102 Sept. 5 100 Sale 101% 101% Sept. 101% 74 Sept.17 75 72% Sept. Sale 74% 73 10% Sept. 14 10 8% Sept. 10% 9% 14% 40 7% Bks— 6%s ser A.1958 J D 1964 MN a7s part paid 1964 AS f secured 6s 1968 F A a6s part paid 1968 Haiti (Rep of) 6s series A 1952 A O Allarnburg (State) 6s 1946 A O J All eidelberg (City) ext 1 s f 7 %«—1950 J Helslngfors (City) ext 6%s_. 1960 A O Hungarian Cons Municipal Loan— ASecured s f g 7 %s 1945 ASecured s f g 7s 8eptl946 AHungarian Land Mtge 7%s A..1961 MN aS f 7 %s series B 1961 MN Hungary 7 %8 ext at 4% to 1979 F A Iflsh Free State external 5s_. 1960 MN ..... 42 6 A Sale 35 8% Sale 11 17 29% 100% 102% 101 100% 100 105% J Sale 11% 13 70% 25 20 20 17% Sept. 21 18 Sept. 27 23 103" 18| June 4% June 13 Sept. Sept. 3 93 Sept. 27 101% Sept. 92% Sept. Sept. 3 Sept. 11 85% Sept. 91 Sept. 4 93% Sept. 79% Sept. 3 82% Sept. 79% Sept.28 82% Sept. 23% 71 1941 1949 1949 'ii"" 20 74 71 10 11 11% 20 Sale O ---- 12% 20 71 MN "11% 28 A Sale 12% 10% 70% 1st sf 8s A—i948 AOertificates of deposit Estonia (Republic) 7s 1967 Finland (Rep of) external 6s 1945 M S AFrankfort (City of) s f 6%s—.1953 MN French Republic 7 %s stamped. .1941 J D 11 12% 3% 47% El Salvador (Rep) 11% Sale 12% "ii% 58 70% 12% 11 12% Sale" Sale O 15% 24 June 28 42 10 12% Jan. 84 Jan; 33 89% 98% 88 % 81% 20 11% 15% 10 99 A 60% 8% 15 24 91 33 10% Sept. 25 10% Sept. 24 15 10 11% 10% 11% 10% 11% 10% 11% 10% 11% 57% Sale 100% 102% 75 74 13% 13% 67% Sale M S 52 10% Sept. 10 10% Sept. 24 21% 14 14 11 71 100% 60 14% Sept. 11 12% 26% "I" 26% 30 26% 44% Sale 41% 42% 75 70% O MN 12% 12% 13% 12 7% June 10, 10% June 11 8% June 12 8% June 12 8 % June 6 12 8 "15% n'A 15 15 ■ 90% Jan. June 11 June 7 12 6% Feb. 13 12% Jan. 30 £ 22 32 July 15 102% 30% July 16 100% 35 May 17,108 50% Sept. 18 50% Sept. 18 51 Sept. 4 57% Sept. 5 32% Sept. 6 32 17 12 O External Sale 27% 27% A 2,000 34,000 15,000 80 Sale 13 20 20 44% Sept. 3 46 Sept. 3 48 Sept. 3 52% Sept. 20 32% Sept. 6 32 ..... 11 M S 12,000 Sale 12M J F 53 44 Sale ~ 30% Sale O Sale 49% 80 Sale 11 13 ?* Sale Sale Sale Sale 12% "26" 15 47% 47% 46% 12% Sale 17 56 70% 62% June 38 34 • Sale Sale Sale 83% Sale Sale 12 53% 8% 22 Sale Prides. 39 Sept. 6 Sept. 6 Sept. 6 Sept. 20 Sept. 27 Sept. 11 Sept. 7 Sept. 3 Sept. 27 Sept. 27 Sept.11 Sept. 6 Sept. 24 Sept.24 Sept. 6 Sept. 4 Sept. 7 Sept. .5 65 91% 98% 90% 81% 92% Sale UH Sale Sale 12 Sale 10% 9% 12% 14% UH 17% 14% 7% 49% 52% 7% 61 12 UH Sale 12 52% 55" 52 8 13% 16% 13 60 35% 82 Sale 14% Sale 31 89% 98% 88% Sale 16% 100% 15,000 8,000 1,000 4,000 1,000 54% 36% 9% Sale 1942 1940 2d series sinking fund 5 %s 1940 Customs Adm 5 %s 2d series..1961 5%s 1st series 1969 5%s 2d series 1969 ADresden (City) extl s f 7s 1945 Sale 10 Sale 12 f 5 %s Sale Sale 16% Sale 50 Sale 32 16% Sale 13 13% 16% 17% 13 Sale 59 • Sale 16% Sale Sept. 3 Sept.28 Sept. 3 Sept. 20 Sept. 12 Sept. 26 Sept. 3 Sept.24 Sept. 5 Sept. 7 Sept. 14 Sept. 3 Sept. 3 Sept. 3 Sept. 13 Sept. 12 Sept. 3 Sept. 3 "f: Sale Prices Sale Pricts 55 51% 17% 13 14% 12% 12% 12% Sale Sale 13 S . 56 13% MN 12,000 ACosta Rica (Rep of) 7s__——1951 M S 1944 F A 18,000 Cuba Rep of) 5s of 1904. 5s ext debt Ser A of 1914 1949 6,000 4%s external loan —-1949 3,000 4 %s external debt 1977 337,000 3<l-year s f 5%s ..----1953 25,000 APublic Works 5%s__June 30 1945 17,000 4,000 ACzechoslovak (Rep of) extl8s.-1951 ASink fund 8s series B—_ -.1952 86" 660 Denmark 20-yr external gold 6s_1942 External g 5%s— 1955 24,000 External g 4%s .. 1962 126,000 34,000 Dominican Republic s 1st ser 5 %s of 1926 6,000 Sale 14% 14% Gold 4 %s_.___ ---------- ---1953 23,000 3,000 Cordoba (Prov) Argentina 7s---1942 Sale 48 Sale 14% A Sale 15% MN 1961 1961 1947 1946 1947 Sale 46 14 13% 16% D 12% 12% 13% 11% 11% 11% Sale 14 17 M S 21 20 44% 32 MN (Germany) s f 6%s—1950 of)— Colombia (Republic a6s of 1928 361,000 a6s of 1927 150,000 15 15% Sale 55 Sale O M 51 * 10 O J 64 Sale 10 D 1961 55 57 90 13 — a6%s assented 50% 79% 79% 17 F AGuaranteed s f gold 6s 1961 a6s assented -1961 AGuaranteed sink fund 6s_...1962 ids assented -----—1962 AChilean Munic Loan 7s.. 1960 a7s assented 196 » AChinese Hukuang Ry 5s 1951 55 52% 7% 9 Feb 1961 Feb 1961 F ARy ref extl s f g 6s Jan 1961 J a6s assente 1 Jan 1961 J AExtl s f 6s int ctfs Sept 1961 M a6s assented .Sept 1961 M AExt sinking fund 6s 1962 M S a6s assented 1962 M S "4",660 AExternal sinking fund 6s 1963 MN 5,000 a6s assented. 1963 MN 34,000 1,000 AChile Mtge Bank of gu s f 6%s_4957 J D a6 % s assented 1957 J D 9,000 AGuar's f gold 6%s 1961 J D 5,000 _ 50% 50% 50% 50 9 a6s assent ed_____-._------1960 A f gold 6s a6s assented 16 59% 89 Sale 13% 1937 coupon on 1960 AChile Republic ext s f g 7s 1942 MN a7s assented.. —1942 MN A O AExterna' sinking fund g 6s_..1960 s 45% 8% 8?4 Sale 62% 12% 12% 14% 11% 11% 11% 49% 12% a6s Apr AExternal 13 21 12 15% ACent Agric Bank (Ger) 7s.----1950 AFarm Loan s f 6s auly 1960 J J 14,000 a6s Jan 1937 coupon on -.. 1960 AFarm loan s f 6s Oct 1960 AO lb",660 2,000 3,000 11,000 9,000 44,000 4,000 24,000 8,000 27,000 7,000 24,000 Sale 19 Sale "IS" M S "3~, 666 53 50% Sale J J 51 Sale Sale 64 Sale J Sale 55 iiH Sale A 55 51 49% 45% 13 Lowest :I*QiDe8i - Sale Prices Sale 51 1 Ask 4sk Bid Bid Ask FOREIGN GOVT {Continued)— % j j Sale 87 198,000 Australia 5s of 1925.--July 15 1955 External loan 5s of 1927 1957 M S 83 % Sale 126,000 AfN 79 75 External g 4%s of 1928 292,000 1956 J J 8 7 ---—1957 7,000 iAustrian Govt s f 7s F A 11H 8,000 iBavaria (Free State) ext 6%s_.1945 M S 100 Sale 14,000 Belgium 26-yr external 6%s 1949 J J 94 % Sale External s f 6s_. 1955 10,000 102% 103% External s f 7s 1955 8,000 11 22 7,000 iBenin (Germany) s f 6%s 1950 22 ^External sinking fund 6s 1958 26,000 Sale ABrazil (U 9 of) external 8s 180,000 1941 13% Sale AExtl s f g 6%s of 1926 231,000 1957 14% Sale AExtl s f6%s of 1927 1957 140,000 Sale 13 ACent Ry 30 year g 7s 1952 100,000 90 1957 M S 75 16,000 Brisbane (City) s f 5s F A Sale 75 13,000 Sinking fund gold 5s 1958 Sale 20-year s f 6s 1950 J D 87 6,000 9% 7 1962 J D 42,000 ^Budapest (City of) 6s..-. Buenos Aires (Province of)— M S 63 a8s stamped - - 1961 237,000 Readjustment 4%-4%s 1977 M S 57 % Sale Refunding s f 4%-4%s 1976 F A 56% 58 128,000 Extl readjust 4%s-4%s.. 1976 A O 56% 58% 38,000 Extlsf 4%-4% $ bonds 72,000 1975 MN 56% Sale J J 38% 40 3 %s external s f $ bonds 2,000 1984 Bulgaria (Kingdom of)— 11% 14% ASecured s f 7s 1967 J J 5,000 iStabilization loan 7 %s 1968 MN 11% 20 1,000 403,000 Canada RANGE SINCE JAN. .h PRICES IN SEPTEMBER Price O) •«* - EXCHANGE—BONDS Sale Sale 8% Sept. 27 8 Sept. 25 8 8 Sept. 25 Sept. 21 8% Sept. 25 8% Sept. 25 8 Sept. 25 8% Sept. 26 5% June 12 6 May 27 6% May 5% June Apr. 45 July 34% June 9 20 54 Sept. 45% Sept. 31 Sept. 27% Sept. 66% Sept. 51% Sept. Sept. 5 55 30 ,50% Sept. 4 30 30 30 6 9 Sept. 11 30% Sept. 9 83% Sept. 11 61% Sept. 19 36 25 June Sept. 22 Aug. 20% Mar. 21 % Apr. 16% Feb. 90 16 Jan. July 17 % June 75 13 66% Sept. 30 51% Sept. 30 Apr. 28 2 16 24 24 18 16 29 2 10% Mar. 18 9% Mar. 15 9 Apr. 18 9 Apr. 18 32% Apr. 9 92 Jan. 9 72 June 23 20 78% 54 % 91% 70 3 Mar. 9 Jan. 3 Apr. 13 July 6 Jan Sales in PRICES IN SEPTEMBER BONDS September Value Sept. 3 N. Y. STOCK EXCHANGE m 4,000 4Lower Austria (Prov) ♦iTreas 6s of '13 assent..._ 222,000 Milan City (Italy) ext loan Ask 12 "ii" 1950.J 7 54s 11,000 iMedellin (Colombia) 654s 27,000 Mendoza (Prov) 4s read] Mexican Irrigation— *4 54s stamped assented AMexico (U S) extern 5s 1899 5,000 AAssenting 5s of 1899 35.UOO iAssenting 4s of 1904 56,0u0 A Assenting 4s of 1910 10 13 10 1954 J 1954 J 69^ 63 £.1945 o % ::::: IX IB J* "~k "I54 —1933 1% 52 A Sale Sale 2% Sale 30 M 8X 6548-1952 "75" Highest Sale Prices Sale Prices 10 Sept. 15M Sept. 12 Sept. 854 Sept. 63 Sept. Lowest 25 27 23 12 5 10 20 Sept. 25 Sept. 28 12 Sept. 23 8M Sept. 20 70M Sept. 26 Sale 7 12 M 12 7 53 1M 754 754 IM ::::: 1M 1M 154 2 1M 26M Sale ■ / —- Prices 5 July 22 X Apr. 18 1M Sept. 4 IM Sept.20 1M Sept. 9 2 Sept. 17 26M Sept. 28 IX Sept. 1 % Sept, IX Sept. 7 2 Sept. 17 32M Sept. 9 754 Sept. 754 Sept. 48M Sept. 7M Sept. 18 TVs Sept. 4 50 Sept. 7 Jan. X M M k 23 1 Highest May 28 Mar. 14 Sept 23 June 1 I* Sale 1 .1945 1954 1915 154 1M X 54 1943 RANGE SINCE JAN. Lowest Sept. 30 f Ask Bid FOREIGN GOVT (Concluded) 3.000 ^Jugoslavia (State Mtge Bk) 7»-1957 10.UU0 ^Leipzig (City) external s f g 7s..1947 0,000 21 N. Y. STOCK EXCHANGE—BONDS OCT., 1940] 9 Jan. 4 June 14 Feb. 13 Jan. 8 June 12 Sale Prices 17 X Jan 30 20 Sept. 28 15M June 24 14M Feb. 15 82 M Apr. 9 1X Apr. 4 1 9 Jan. 1M Mar. 18 1M Sept. 7 IX Sept. 7 2 Sept. 17 53 X Jan 3 • Minas Gera08 (State of, Brazil)— 2,000 ASec extl s f 654s -1958 11,000 aSoc extl s f 6 54 s 1959 10,000 AMontevideo (City) 7s 1952 a6s series A 1959 m 90 54 75 iNational loan ext s f *APoland (Rep of) g 6s a 154 s assented 2,000 AStabflization loan 7s "if, 000 a 2,000 16,000 51,000 3,000 1968 3950 6 1961 J D 1966 J S O N 13 23 29 X Sale 10254 102 5954 61 52 M Sale Sale 8 11 11 99 M 90 ■8 7% Sale Sale Sale 954 454 ------ 11 4 8 3 —— 7 3 11M it* « M 5 7M 7M 8M 1054 8M 10M 18M 12 12 14 Sale 91 12M 8M Sale 7M Sale —- 8554 7 M 8 6M 654 4M 3M Sale 9A 8 7M 7M 954 10M Sale 32 M Sale 754 Sale 9k 9M Sale 8 Sale Sale 4 9 22 Sale Sale Sale Sale Sale 6 10M 8M 10 10 Sale 10 29 May 29 M May 50 41 40 X 30 58 M 30 53 M 30 33 10102 62 55 M 53 Sept. 28 Sept. 3 Sept. 3 Sept. <3 6M Sept. 7M Sept. Sept. 6 4 5 5 53 M Sale 20M June 12 20 June 11 7 Sept. 5M 4M 4M 8M 3M 9M June June. June Feb. 17 14 14 26 4M Sept. 4 9M Sept. 11 Sept. 7 9M Sept. 11 3M Sept. 27 4M Sept. 12 3 4 May 28 Sept. 24 May 17 7M Sept. 21 7X Sept. 17 10M Sept. 10 12 Sept. 9 12X Sept. 12 76. Sept. 30 58 Sept. 4 15M Sept. 5 7M Sept. 11 6M Sept. 9 7 k Sept. 26 6 June 7X Sept. 17 10M Sept. 10 20 Sept. 28 20 Sept. 27 89 Sept. 5 62 Sept. 24 20 Sept. 25 7k Sept. 19 6M Sept. 26 10 9M Sept. 3 7X Sept. 23 9 Sept.12 8M Sept. 13 32M Sept. 3 7M Sept. 20 8M Sept. Sept. 10 Sept. 35 Sept. 7M Sept. Sept. 27 Sept. 3 22 61 Sept. 27 Sept. 18 7M Sept. 18 8 10 4 3 6 9 7 60 " 55 May 31 June 18 9 6 15 1051 8k 10X 18 X 9X 7k 7 7 5X June 12 24 5 Jan. 23 Sept. 16 Mar. 15 Feb. 26 28 17 8 Mar. Feb. Apr. Jan. Mar. 11 19 Sept. 28 Sept. 27 Feb. 7 Jan. 27 Jan. 12 21 June 18 18 19 26 Mar. 29 Mar. 19 98 4M June 27 Apr, 11H Mar. 10X Mar. 5 M June 6 6 13 13 13 13 11^ Feb. 14 8 May Jan. 9 30 10 k Mar. 11 11 Mar. 13 Aug. 221 41M June 8 10H Mar. 15 11 13 12 Jan. 12 20 3 20 11X Jan. 59 June 12 103 6M July Sept. 19 Sept. 17 Feb. Jan. 97 M Apr. 97 M Apr. 90 Mar. Mar. 80 Mar. Jan 80 23 Sept. Mar. 65 58 Mar. Mar. 75 21X June 25 9X May 13 45M Sept. 30 47 Sept. 30 19 M June 13 96 M June 28 105 M 59 k >ug 13 82 74 M 50 June 26 53 Sept. 16 53 4 X June 13 9 3 71M Apr. 71M Mar. 20 89 23 M May 4 7 9 22 55 35 Sept. 5 Sept.16 Sept. 5 Sept. 3 Sept. 6 Sept. 27 Sept. 27 Sept. 17 Sept. 16 Sept. 16 Sept. 9 Sept. 6 Sept.16 Sept.16 Sept. 24 4M Sept. 12 10M 9M 76 4M 33 M June June 63 M Sept. 26 48 4M 20 20 7M 8k 8k 32 M 20 3 ..... 8 7M 6M 5X 6M 6M 6X Jan. 3 28 22 10 M S 6h 7M Sale 6 Jan. 10 Sept. 5 9 Sale 9M 854 10 5'M 5 8 60 52M 29M 101 k 16 12 7M 7X 7H J 7 65 M 54 M Sept. Sept. Sept. Sept. Sept. Sept. Sept. 60M Sale 56"" Sale 60 8 5M 6% 6M 4k 7M J 454 -— 105 D O A s ...1952 UN f a6 Ms extl secured s f 13 Apr. 11 k Feb. 12 Mar. 9 8 1 20 9 9 5 June 11 7 27 June 24 12 Mar. June 12 61 Mar. 15 7k Sept. 20 7X Feb. 27 Sept. 27 53 X Aug. 2 22 12 X Apr. 8 9X Apr. 10 Sept. 27 80 Mar. 25 22 ..... 1957 M N 8 Sale 7M Sale 1054 8 6M 9 8k 7J4 June 12 12 June 14 10X Apr. Apr. 2 1 (State of)— ♦a8sextlloan of 1921. a8s external a7s extl water loan a6s extl dollar loan. ASec s f g 7s —1936 J 1950 J 1956 1968 J J 1940 Inst 7s 1945 ASinldng fund gold 6 Ms.Dec 1946 State Mtge Serbs Croats & Slovenes a8s secured external 13 20 M 854 Sale 7M 854 7M Sale 24 Sale 11M 12M 10 M 38 54 14 Sale Sale 21M 13 M 12 M 10 k 23 Sale Sale Sale 38 2154 13 12. Sale 10 10M Sale 20X Sept. 4 12M Sept. 4 UK Sept. 13 10X Sept. 3 36k Sept. 27 21 k 14M 13M 11X 40X Sept. Sept. Sept. Sept. Sept. 24 18 18 18 4 15 14 16M Sept. 25 11M 16k Sept. 25 10 10M Sept. 10 Sept. 13X Jan. 12 6 May 21 AX June 13 AX 20^ 12 X 8X June May June June 12 24 18 11 Mar. 14 23 1AX Sept. 18 13X Sept.18 11X Sept.18 40X Sept. 4 20 Aug. 14 16k Sept. 25 (Kingdom)— a7s series B sec external ASilesia (Prov) extl sink fund .1962 MN 1962 AfN 7s. 1958 J D a4Ms assented 1958 J D ASilesfan Landowners Assn 6s... 1947 F A AUruguay (Rep) external s f 8s—1946 AExternal sinking fund 6s 1960 AExternal sinking fund 6s 1964 354-4-454% ($ bonds of 1937) External readjustment 1979 354-4-454% (S bonds of 1937) External conversion 1979 3M-4M-4*».% extl con v..—1978 4-4 54-4 54s external readj 1978 3 Ms external readjustment—1984 Venetian Prov Mtge Bank 7s.—1952 A Vienna (City of) 6s 1952 a Warsaw (City) external 7s.—1958 6,000' a4Ms assented-. 1958 79,000 Yokohama (City) extl s f 6s 1961 11M 11 16 12M 9 10M 9% 8H 9k Sept. 7 9M Sept. 27 4 4 5 5 4 12 13 454 mm - - - -> 4M 6 13 M 50 48 M 60 Sale 45 Sale 88 Sale 48 54 Sale Sale Sale 2554 5454 Sale AfN 56 M 52 M 49 M AfN MN 43 M 44 M 43 M Sale 40 M MN 4.?M 40 Sale 40 Sale Sale 44 35 X 38 M 4 Sept.14 4M Sept. 14 J D 40 M 48 F A 47 J 68 Sept. 6 55M Sept. 20 27k Sept. 26 55 Sept. 18 52 A O F A 45 M June 17 June 5 A0X June 3 A8X Sept. 30 42 42 Sale 39 M 48 42 M 35 M "56"" 25 9 7 F A 6 Sale J D 59 Sale J 3M 3M 56 M 30 ..... 36 M 15X Mar. 23 14X Mar. 19 5k Mar. 7 5 Apr. 16 9 155 Jan. Jan. 24 87 Mar. 20 Sept. 4 44M Sept. 10 23 45 June 25 63 41 Apr. Sept. 30 82 X July Jan. 18 65 2^ 8 63 Apr. 15 Mar. 20 Sale 45 38 42 Sale 2m .i0... 40M Sept. 28 46M Sept. 40 40, 37X 39M 36M 26 8M Sept. Sept. Sept. Sept. Sept. Sept. 3 26 27 30 20 24 4 63 Mar. 20 42 *ug. 48 8 6M 3 13 53 35 43 M J MN Sale Jan. 9 61X Sept. 24 48M Sept. 30 25k Sept. 3 45 Sept. 30 49 M A IX May 18 7X May 18 5 83 M 55 M 39 " 9,000 37,000 90,000 2,000 3,000 4,000 27 M 45M 9 s f g 554s-1955 F A .1971 J r J 97,000 Taiwan Elec Pow 5 )12 5s—.1952 M S 13,000 Tokyo City loan of 19 ;y Externals f 5Ms guar 1961 A O 114,000 469.000 44 27 101 ""§54 J 10", 000 Sydney (City) 16",000 Sale 47 5M 6M 654 6M 62 M Sept. 30 30 30 Sale 52 M June 12 44 12 X Mar. 12 X Mar. (City of)— a8s extl secured A Saxon Sale 47 M Sale 3 Sept. 57M Sept, 46 Sept, 46M Sept. 33M Sept. 33M Sept. 33 M Sept. 27M Sept. 45 M 4 1963 1953 1964 16 ~ 56 M 5J 12 48 31 6M Sale 9M 10 9 M Sale 954 Sale 6X 12M 654 6M 1947 AFebruary 1937 coupon paid 1,000 ASaarbruecken (City) s f 6s 82,000 Santa Fe extl s r 4s Sale 53 2,000 ARhine-Main-Danube deb 7sser A '50 M 19,000 ARIo de Janeiro (City of) 8s 1946 A 105,000 AExternal sec 654s ~ " 1953,F Rio Grande do Sul (State of)— 18,000 a8s extl loan of 1921 —.1946 A 29,000 a6s extl sinking fund gold....1968 J 53,000 a7s extl loan of 1926 1966 M 10,000 a7s Municipal loan 1967LJ 149,000.Rome (City) external s f 634s.-19521a 5,000 ARoumania (Kingdom of) 7s—1959 F 19,000 65,000 52,000 66,000 402,000 51M Sale 22 Sale 55 City) 754s 1952 Af N 14.000 ^Prussia (Free State) extsf 654s 1951 M S 29.0001 ASinklng fund gold 6s.. 1952jA O 65,000 Queensland (Stateof) exts f 7s..l941 A O 8,000 25-year extl s f 6s Feb 15 1947IF A San Paulo 55 M Sale 4,000 APrague (Greater 9,000 12 m AH June 12 40 56 M 33 M Sale 35 27M 43 2754 1940 4,000 APorto Alegre (City of) 8s 1,000 AExternal loan 7Ms... Sao Paulo 40 M 10654 —1958 ... 50 70 62 40 §2% 80 1960 J 1 )4s assented...... s f 8s a454s assented 33 M 33 M 58 M 1947 M S 1959(M 5 AExternal _ 42 Sale 854 Mi 46 M 40 17M ' 4,000 Sale Sale 80 6s—-1961 , "2",000 46 M Sale (City) 454s extl sink fund. .1955 16,000 APanama (Rep) external 554S--1953 30,000 AExtl s r 5s ser A May 15 1963 163,000 iStamped (assented) 1963 1,000 ACtfs of deposit (series A 1963) — 14,000 APernambuco (State of) 7s 8,000 APeru (Rep) Sees f g 7s a National loan ext s f 6s Sale" Sale 46 47 53 48 M Sale Sale Sale 6,000 Oslo 135,000 131,000 45 44 38)4 80)4 Sale II* I# 60 70 Sale 40 80,000 New South Wales ext s f g 5s—1957 67,000 External s f g 5s 1958 6,000 Norway 20-year ext s f 6s 1943 41,000 20-year external s f 6s 1944 30,000 External sinking fund 454s~.1956 20,000 External sinking fund 4 54s—1965 4o,000 4s sinking fund extl loan 1963 F 2,0o0 Municipal Bank ext s f 5s 1970 J 17,000 ANuremberg (City) external 6s_.1952 F 226.000 Oriental Development 6s^._. ..1953 88,000 External deb 5 Ms. -1958 8M June 11 17 32X June 26 55 X Apr. Sept. 3 Sept. 6 Sept. 5 Sept. 30 Sept. 6 Sept. 24 33 53 Mar. 18 51 k Mar. 11 56 X Apr. 16 3k Sept. 10 58X Sept. 23 3 50 40k 46M 36M 26M 8X June 11 31 k June 28 34 June 27 36X Sept. 30 24 Aug. 17 8 May 14 56 15 May 23 51 Feb. 10 July 31 24 ----- 3X 60 3M 60 3X Sale 3M Sept. 11 Sept. 30 50 June 17 Sept.30 754 Jan. 3 Mar. 26 69 RAILROAD AND INDUSTRIAL COMPANIES 243,000 ♦JiAbitibi Pow & Paper 1st 5s.. 1953 Adams Express coll tr g 4s.....1948 1,000 Collateral trust 4s of 1907 1947 19,000 4 M» stamped 1946 3,000 Adriatic Elec Co external 7s 1952 3,000 Ala Gt Sou 1st cons 5s ser A 1943 17,000 First cons 4s series B -1943 3,000 Albany Perforated Wrap Pap 6s.1948 8,000 6s with warrants assented....1948 55,000 Albany & Susq 1st guar 3 Ms 1946 1,088,000 Allegheny Corp coll tr conv 5s. .1944 529.000 Collateral and convertible 5s. . 1949 1,189,000 a5s stamped 1950 2,000 Allegh & West 1st g guar 4s 1998 21.000 Allegh Valley gen gu 4s ...1942 1,000 Allied Stores Corp deb 4 Ms 1950 136.0001 4Ms debentures— 1951 117.000 Allis-Chalmers Mfg conv 4s—..1952 1 OOolAAlpine Montan Steel 7s 1955 529 000 Amer,& Foreign Power deb 5s—2030 215 000'American I G Chemical 5Ms...l949 52 000 Amer Internal Corp conv 5Ms.. 1949 D 51 M S 104 D 102 J 108 M 67 107"" A F O A D A O J A O M S A O F A 52 60 85 76M 53 Sale 83 1* Sale* 79M "43"" 59 M 106 10654 100 Sale 96 Sale 103 Sale American Telephone & Telegraph— 290,000 20-year sinking fund 5Ms 1943 MAfl Sale Sale 3MS debentures 1961 A O 3 M8 debentures— 1966 J D 10854 Sale Am Type Found s f debs 2M-5s 1950 J J 105 54 106 03,000 Amer Water Wks & El 6s ser A. _ 1975 MN 107 54 108 M 145 000 132.000 16 000 For footnotes, see page 30. 40 77 Sale Sale 81 47 M 62M 105 Sale ----- Sale 105 M 109 31 Sale J 55 74 91 75 109 108 M Sale 13 M 63 M MN 45 40 40 104 M Sale 110M M S M S 107 k 34 40 M iio'M 110M 107 M 107 X 107M 100M 103 97 Sale 108 M Sale 14M 49 54 Sale 10354 Sale 98 M Sale M S J 45 k 100 k 100 X 68 41M Sale Sale ----- 94 77 k 55 63 104M 100 M 99 k 107 M 25 49 k 103 98 X 46 M 38M Sept. 13 47M Sept. 24 27 X June 57)4 6 97 k July 17 10454 100M Sept. 5 100M Sept. 5 98X June 19 10454 Sale 106M Sept. 4;107M Sept. 21 100 May 24 10854 50 34 Sept. 26 35 k Sept. 19 34 Sept. 26 8054 Sale 110M Sept. 20110M Spet.20 109 Jan. 23 11054 108 108 107M Sept. Sept. 9 105 June 12 10854 58 M 56 56 Sept. 60 Sept. 18 June 26 45 57 M 48 51 Sept. 61 Sept. 20 46 3 Aug 82 75 82 Sept. 87 Sept. 25 88 X May 27 Sale 91 94 k Sept. 24 Sept. June 10 69 9454 Sale 72M Sept. 79M Sept. 25 June 10 58 7954 Sale 56 M Sept.25 46X Sept. 56 May 28* Jan. 22 64 62 k Sept.24 62k Sept. 59 17! 105 I54M 104X Sept. Sept. 3 104 X .^ug. 15 10751 102 k 100M Sept. 100M Sept. 25 June 5 10154 99 97 100 99 k Sept. 21 Sept. 89 June 17 9954 Sale 107 109 Sept. Sept. 5 10654 May 15 111 Sale 25 25 Sept. Sept. 30 1754 Jan. 20 25 Sale 48 52 Sept. 44 Sept. 7 Aug. 14 6854 Sale 102k Sept. 104M Sept. 10 100X May 22 10554 Sale 99 M Sept. 18 98X Sept. June 91 3 10554 105»3jSale 109 k Sale Sale 109 Sale 108 M Sale 96 90 M 95M 95 106 106M 108M 109 M Sale 105»sjSept.30 109 Sept. 3 108X Sept. 3 93M Sept. 11 105M Sept. 7 106 Sept. 3 110M Sept. 25 109X Sept. 23 96 Sept.16 109M Sept. 26 105na»Sept. 30 104 May 22 103 54 May 28 9354 Sept. 11 96 May 22 Apr. 30 Feb. 8 Apr. 27 Jan. 2 Feb. 2 June 18 Apr. 23 Jan. 23 Feb. 28 18 Sept. 24 Sept. 25 Sept. 25 Mar. 26 Jan. Apr. 13 May 1 Sept. 21 Feb. 8 Sept. 30 Apr. 3 Mar. 18 Apr. 1 10954 Jan. 11054 Apr. 11054 Apr. 2 107 ' Jan. 8 8 11 10954 Sept. 26 22 N. Y. STOCK Sales in if September BONDS Value N. T. STOCK EXCHANGE si A 4%sl950 Anaconda Cop Min sf deb O PRICES IN SEPTEMBER Price Jan. 2, 1940 Bid 145,000 EXCHANGE—BONDS 106 H Ask Bid 104 % Sale Ask Bid 104 Sale Anglo-Chilean Nitrate— 18,000 iSlnklng fund income deb 1967 45,000 tAnn Arbor 1st g 4s __July 1995 13,000 Ark & Memp Bdge & Term 1st 5s '64 232,000 Armour & Co4ss f ser B (Del).-1955 127,000 1st M s f 4s ser C (Del) 1957 Atchinson Topeka & Santa 296,000 9,000 41,000 2,000 37,000 154",000 6,000 20,000 26,000 Jan Q J M S P A J J 29% 29% 41% Sale 96% 98 34hi 37% 49 % Sale 95 98 % 100% Sale 99 hi Sale 1995 A O Adjustmentg4s._.--July 1 1995 Nov Stamped 4s July 1 1995 MN Conv g 4s of 1909 1955 J D D Conv g 4s of 1905 1955 D Conv g 4s of 1910 I960 D Conv deb gold 4%s 1948 J Rocky Mtn div 1st 4s A_. —1965 J Trans-Cont Short Line 1st 4s gl958 J Cal-Ariz 1st & ref 4%s ser A--1962 M S Atl Knox & No 1st g 5s 1946 J Atl & Char Air Line lst4%s A.-1944 J 54,000 1st 30-year 5s ser B 1944 J 170,000 Atl Coast L 1st cons 4s July 1952 M 106 85 hi 85 hi 101% 95% Sale 103% 95% S 76 61 645,000 702,000 530,000 1,253,000 158,000 1st mtge gold 4s July 1948 Stamped modified bonds— 1st mtge g (interest at 4% to Oct 1 1946) due July 1948 Ref & gen ser A (interest at 1 % to Dec 1 1946) due .1995 Ref & gen ser C (interest at 11-5% to Dec. 1 *46) due.1995 Ref & gen ser D (interest at 1 % to Sept 1 1946) due 2000 Ref & gen ser F (interest at 1 % to Sept 1 1946) due 1996 AConvertibie due. ...Feb 1 1960 90 87 87% 95 96% 96 "94"" 112 92 96% 112 "95% 92 Sept. Sept. Sept. Sept. Sept. 106% 86% 87% 95% 96 103% Sept. 5 Sept. 23 110% Sept. 24 109% Sept. 14 100 Sept. 94 Sept. Sept. 5 55 Sale 29 Sale 39% Sale 72 71% 105% 106 J 80 86 A O 70 106% 93% Sale 31% 73% "95"" 94% Sale Sale 107 97 69 69% Sale Sale 95 68 Sept. Sept. 13 4 77 82 Jan. 4 62 Jan, 3 76 64% May May 61% May 55 May 28 May 23% June 62% May 102% May 41 Jan, 4 Feb. 20 Feb. 7 41 9 34% Feb. 70 75% Apr. 30 107% Jan. 24 95 Sept. 5 Jan. 70% Jan. 3 70 5 Sale 67 Sale 30% Sept. 12 35% Sept. 24 15% May 21 35% Sept. 24 Sale 38% Sale 33%*Sept. 39% Sept. 24 18 May 21 39% Sept. 24 Sale 33 % Sale 30 Sept. 9 35 Sept. 24 15% May 21 35 30 Sept. 9 35 Sept. 24 14% Sept. 5 15% May 21 7% May 21 35 69 Sale D 31% Sale J D 35% M S 31% ? 31 hi 13% Sale Sale 33%, Sale 13% Sale £7 Sale 58% 46 A 74 107% 94% Sept. 22 25 May 9 99% Apr. 25 69% O J Pgh L E & West Va System — Ref g 4s extended to 1951 MJV 106 38% 31% 24 24 24 18 13 5 Jan 4 5 21 33% A M S 73 106 66 6 1 13 25 97 70 36% 32 65 114 Jan. 56% June 10 41 Sale May May 108 May 104% May 99 6 35 Sept. Sept. Sept. Sept. Sept. Sept. 69% Sale 65% 62% 33% 28% 72% Sale Jan. 100 70% Sept. Sale 56 9 20 Apr. 96% Aug. May 96 Apr. 105% Apr. 100% Feb. 110% Feb. 109% Aug. June Sept. Sept. 70 50 68% Jan. 90% June 93 99 66 Sale 64% 92 16 24 25 5 96% Sept. Sale 54% 66% 65% 3 Feb. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 99 67 Jan. May Mar. 96 Apr. 26 50 89 92 Sale Sale 101% May 77% June 76% June Sept. 16 Sale 41 97% Apr. 9 99% May 3 95% May 28 104% Apr. 18 95 May 28 104% Apr. 29 94 51% 65% 62% 75 62 27% July 30 May 22 32 114 96% 68 96 Sept. 24 Sept. 6 Sept. 28 Sept. 28 Sept.12 1 Highest Sale Prices Sale Prices 102 May 25 107 % Feb. 23 95 Sept. Sept. Sale J F 4 32 Sept. 25 3 43 Sept. 23 6 99% Sept. 25 4 103% Sept. 25 3 103% Sept. 25 Sale 99% Lowest 96 96 Sale 103 103% Sale 99% 99% 100 99% Sale 110 110% 110% 108% 109% 109 108% 109 109% Sale 107% 108% J 1941 105% 86% 85% 96 94% 94% 97% 86 99 110 General unified 4 %s series A. -1964 J D 10-year coll trust 5s—May 1 1945 M N Austin & N W 1st g 5s guar Baltimore & Ohio RR— Sale 90 Sale 97 Sale Sale 132,000 58,000 136,000 37,000 41,000 33,000 55,000 6,000 232,000 105% 85% 100% 92 1,026,000 Sale 85 Sale" 99 452,000 Sale 105% 102 hi 100 J Second 4s J Atl Gulf & W I SS Line coll tr 5s_1959 J Atlantic Refining deb 3s_ 1953 M S 29% Sept. Sept. 41 Sale IP 95 D Atlantic & Danville 1st g 44 98 Sept. 99% 101% Sept. 103% Sale 102% 103% 101% Sept. 97% "i",66o Oct., 1952 MN 4s 1948 J J J 1948 J Sale 102 Sale Highest Sale Prices Sale Price Ask 104% 103% Sept. 18 105% Sept. 7 98 Fe— Gen g 4s L & N collat gold 4s 32 42 RANGE SINCE JAN. Lowest Sept. 30 Sept. 3 Sale 45% 59% 10 12% Sept. 27 Sept. May 22 Sept. Sept. 24 Sept.24 15% Apr. 4 Sept.17 45 Sept. Sept.14 40 June 6 60 47% Sept. 23 56 Sept. 5 96 Sept. 17 63 Sept. 25 63 Sept. 23 40 Sept. 26 69 Sept. 30 115 Sept.19 134% Sept. 18 56 32 June 6 49% Mar. 13 60 Sept. 14 S'western Div 1st M (interest at 299,000 36,000 41,000 50,000 33,000 1,000 4,000 96,000 20,000 3 hi % to Jan 1 1947) due. 1950 Toledo Cin Div ref 4s A 1959 55 "92" 100% 101 Bangor & Aroostook RR 1st g 5s 1943 Con ref mtge gold 4s 1951 4s stamped 1951 Battle Creek & Sturgis gu 3s 1989 70 Sale 13,000 9,000 1,000 240,000 43,000 140,000 83,000 3,000 45,000 Beech Creek Exten 1st g 3 his—1951 Bell Telephone of Pa 1st 5s B—1948 First & ref 5s series C 1960 115% S* si* 133 Sale Belvidere Del i"i",66o Sale 102 35" gtd g 3 his—1943 6%s._1951 1959 ADebentures 6s 1955 Berlin Elec Elev & Undgrd Rys— Alst 6%s --195R Bethlehem Steel 3his conv deb..1952 Cons mtge 3 his ser F 1959 Consol mtge 3s series G ..I960 Consol mtge 3 his series H 1965 Big Sandy Ry 1st mtge 4s 1944 Blaw Knox Co 3 his 1950 cons 13 ABerlin City Electric deb ADeb sinking fund 6%s 13% 58 59 35 66% 52 55 95 95 Sale 60 Sale 62 64 22 13 65 59 35 45 40 84 69 Sale 113% 114 133% 105% 13% 22 13% 13 62% 114% 133% 105% Sale Sale 23 Sale Sale 108 18 Sale 105% 106 102 Sale 104% Sale 109 110% 109 108 13% 97% 98% Sept. Sept. Sept. 67% Sept. 114 Sept. 133% Sept. 14% Sept. 13 14% Sept. 16 14% Sept. 13 22 23 22 18 13% 107% 100% . 60 45 — "29" 51 % Sept. 92% Sept. 107 Sale 106 Sale 103 Sale 104% Sale 99 99% 18 Sept. 25 Sept. 30 108% 4 106% 102 Sept. 3 103% 104% Sept. 24 105% 109 Sept. 10 109 Sept. 27 Sept. 27 Sept. 27 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 25 5 20 7 5 10 20 Sept. Sept. Sept. Sept. Sept. Sept. 110% Sept. 23 26 25 25 25 6 5 107 105% Sept. 97% Sept. 16 100 46% June 15 58 Jan. 2 4 June May 29 L01 54 54 June 17 72 Apr. 19 67% Sept. 12 45 Jan. Jan. Jan. Feb. 16 2 13 7 72 Mar. 89 37 70 0 1 117 Feb. 9 127% June 12 135 Apr. 15 112 June 22 14% Sept. 13 11% May 11 13% Aug. 12 23 Sept. 27 Sept. 27 22 Sept.2t 13 20 June 28 9 June Apr. 9 103% May 15 112 May 21 106% May 7 June 29 103% Sept. 99 7 June 28 105% Sept. 102 5 109 Aug. 23 109% Feb. 23 June 18 100 92 Sept. 20 100 Boston & Maine RR— 238,000 65,000 27,000 426,000 420,000 27,000 98,000 75",000 6,000 90,000 48,000 38,000 540,000 1967 M S 1st mtge 5s series II 1955 MN 1st g4Ms series JJ 1961 A O 1st mtge 4s series RR. 1960 J J Inc mtge. 4%s series A. .July 1970 M N tABoston & NY Air Line 1st gu 4s *55 F A Bklyn Edison cons mtge 3 his—1966 MN Brooklyn Union El 1st 5s 1950 F A Brooklyn Union Gas Co 1st g 5s 1945 MN 1st. lien & ref 6s series A 1947 MN Debentures gold 5s 1950 J D 1st lien & ref. 5s series B 1957 MN Buffalo Gen Elec 4 his ser B 198 IF A Buffalo Niagara Elec 3 his ser C. 1967 J D Buffalo Rochester & Pittsb'gh Ry— Stamped modified (interest at 3 % to Nov 1 1946) due —1957 MN ♦JaButI Ced Rap & Nor 1st 5s. .1934 A O 1st 5s series AC ACertificates of deposit 8,000 28,000 32,000 94,000 49,000 81,000 148,000 82,000 9,000 19,000 95,000 con gu 1955 1966 5s ser A 1962 --1957 July 1969 Oct 1969 Canadian Nat gold 4%s_ Gu iranteed gold 5s. . 46",006 20,000 5,000 32,000 17,000 3,000 33,000 24,000 19,000 5s equip trust ctfs 1944 J Collateral trust g 5s Collateral trust 4%s .1954 ...I960 t ACarolina Central 1st gu g 4s__1949 Caro Clinch & Ohio 6s ser A 1952 ACent Br Un Pac 1st g 4s g .1948 J page 30. Sale 72% 76% 70% 71% 19 6% 109% Sale 111 Sale 113% Sale 95% Sale 106% 111% 107 10 Sale 108% 9 6% 69% 42 53% Sale 85 76 Sale 75 73 Sale Sale 8% Sale Sale 5 4% 70% Sale Sale 105 Sale 92 100 98 Sale 74 Sale 95 39 Sept. 69 Sept 17 39% Sept 57 Sept 3 9 Sale 93 Sale Sale 95% 9 4 104 Sept 70 Sept 9 91% Sept 10 Sept 9 94% Sept 3 95 9 93 93% 92% Sept 94 Sale 70 68% 63 66 64 60 33 42 33 42% Sept. 24 70% Sept. 40% Sept. 60% Sept. el06%Sept. 82 Sept. 95 Sept. 97% Sept. 98 Sept. 98 Sept. 94 Sept. 95 Sept. 95% Sept. 106 Sept. 58% Sept. 76 Sept. 101% Sept. 77 hi Sept. 66% Sept. 6 9 27 27 30 5 5 5 5 9 6 5 6 5 5 27 7 23 45 95% 107%# 93% 96 51% 48 76% 9% 78 83 25 10% 30 14 O 3% 5% 4% Sale 2 2% 7% 9 . 6% 108 109 O 110 Sale Sale Sale Sale Sale "96% 45 Sale M S 70 Sale 1959 A 109% 70 42 39% 60% Sale 106% 108 94% 95% Sept.12 113% Sept. 17 95% Sept. 5 107 Sept. 23 111% Sept. 9 4% 4% 67 2 1962 66 Sale 80% 71% 7 II* 41% 3% 2% 112 Sale 91% 103% 54% Sale 33 Sale 46% 109% Sept. 74% 93 55 1987 Sept. 96 Sale 1% 1987 Sept. Sept. 7 92% Sept 12 Sale Sale 91% Sept 10 Sale 91 hi Sept 3 92% 91% Sale 104 Sale 103 Sept 11 Sale 52% Sale 52% Sept 30 71 82% 72 71% Sept 17 4 99% 100% 101% 99% Sept 5 A 17 92 Sale J 68 82 3% D Sale 81 O J 72% 77% 71% 71% 20% 8% Sept. 69% Sept. 19% Sale 7% Sale 109% 110 71 92 Sale 1959 A J 71% 103 94% 93% Sale 69% Sept. 111% 111% 111% Ill 113% Sale 113% Sept. Sale 95 Sept. 95% Sale 106% 107 Sept. 107% 106 112% 111% 111% Ill Sept. 107% 94 113% 8% 30% 69% Sept. Sale Sale 103 "88"" Sale Sale Sale 92 58 76% 90% Sale Sale" 80% 107% 79% 70% 39% 3% 2% 68% 39% 104 107% 105% 103% 61 72 103 Sale Sale 5% - see D A 1945 MJV AChat Div. pur money g 4s.__ 1951 AMobile Div 1st g 5s 1946 Cent Hudson G & E 1st & ref 3 hi '65 1966 11,000 Central Illinois Light 3his 37,000 1 ACentral New Eng 1st, guar 4s..1961 103,000 jiCentral of N J gen g 5s AGeneral 4s 38.000 68,000 Central N Y Power 3%s 107^1 Sale Sale 108% 109 5s..Nov 1945 F ♦iCon&ol gold 5s ARef & gen 5 his series B ARef & gen 5s series C. For footnotes 5 26 Carriers & Gen Corp deb 5s w w_ 1950 MJV Carthage & Adir 1st gu g 4s 1981 J D Celotex Corp deb 4%s w w 1947 F A t ACent of Ga Ry 1st 108 51rs 103% 83% 103% 106% 1960 gu Guaranteed g 5s Guaranteed g 5s .1970 Guar gold 4%s June 15 1955 Guaranteed gold 4%s 1956 Guaranteed gold 4%s 132,000 1951 M 5 J 72,000 Canadian Northern guar 6 his 1946 J J 191,000 Canadian Pac 4% deb stock Collateral trust gold 4%s 117,000 1946 M 65,000 147,000 57,000 89 113% 112% 95% 105% 112% 62 40 1952 Consolidated 5s Canada Sou 8% 109% 4?i Bush Terminal Co 1st 4s Bush Term Bldgs 1st 5s Calif-Oregon Power 4s 44% 45% 4% 7 2% 106% 109% 109% 49% Sale 16: 15 Sale Sale 107% 108 12 25% 4% 1% 1% 5% 2% 109% 109% 48% 15% 14% 108% 107%# loo"" 94% 55 50% 85 76% 14 14% 30 6 2 Sale 25 Sept Sept Sept. Sept. Sept. Sept. Sept. Sept. 4% Sept. 1% Sept. 1% Sept. 27 14 107%# Sept. 3 97 Sept.25 50% Sept. 26 85 Sept. 28 14% Sept. 23 25 Sept. 10 5% Sept. 6 1% Sept.20 2% Sept. 18 41% Jan. 41% Jan. 40% Jan. WA 25% May 3 May 2% May 65% July 32% June 46% June 100 May 65 June 72% June 75% June 75% June 74% June, 72 % June 72% June 71% June 87 June 31 May 57% June 87% June 54 May 48 May July 35 102 June 90 June 40 June 73% June 8% Jan. 25 Sept. 4 May 1% May 1 % June 4% July 7% 4 7 50 15% Sale 48% Sept. 14% Sept. 14 Sept. 107% Sept. 51 Sept. 25 16% Sept. 5 15% Sept. 23 109 Sept. 14 May May 109% June 37 May 12 May 10% May 105% May 106 Sale Aug. Sept. 6% June 105 May 88% Jan. 108% May 111 May 84 May 102 May 109% Feb. 107% May Aug. 1 1 79% Aug. Aug. 2 74% Aug. 5 3 23% Aug. 12% Apr. 3 110% Apr. 27 3 107% June 3 113% Jan. 115% Apr. 20 98% Apr. 8 107% Apr. 3 2 112% Jan. 109 May 3 76 76 42% Sept. 24 7 Jan. 31 6% Jan. 12 7 Aug. Apr. 23 61 Apr. 8 106% Sept. 27 47* 85 Jan. 3 103% Jan. 106% Jan. 107% Jan. 107 Jan. 105 Jan. Jan. 103 Jaa. 103 113% Jan. 69% Apr. 8 89% Apr. 108% Jan. 11 84% Mar. 20 79 Apr. 6 45 May 109% Jan. 100% Apr. 50% Sept. 14 23 11\ 26 90% Jan. 11 Apr. 3 Jan. 9 19% 30% 7% 3% 3% 8 Jan. 5 Jan. 2 Jan. 4 Feb. 16 4% May 109 Jan. 1 5 111% May 16 54 Apr. 13 4 20% Jan. 18 Jan. 110 Jan. 3 5 Sales in K BONDS September % — 1949 p A -1954 a o 52,000 157,000 151,000 47,000 ~ ITooo 1,000 Warm 118:060 Springs Valley 1st g AChic & Alt rr ref g 3s 172,000 Chic Burl & q 111 Div 334s 198,000 Illinois Division 4s 178,000 75,000 96,000 General 1st & ref 434s series 1st & ref 5s series a b 68,000 198,000 71,000 339.000 X AChic & e 111 Ry g 5s. j J J j j j J 1949 j J 1958 M s --1977 F a J X AChic mil & St p gen g 4s ser a 1989 J AGen g 3 34s series b-_-May 1 1989 J AGen 434s series c—--May 1 1989 J AGen g 434s series e—-May 1 1989 J AGen 434s series f—May 1 1989 A t AChic Mil St p & Pac mtg 5s ser a 75 O AConv adj 5s—-----Jan 1 2000 X AChic & No West gen 334s ---198/ MN MN " astpd non payt Fed inc tax. 1987 MN AStpd gen 45*s non-pay inc taxi987 MN AGen 5s stpd non pay inc tax. 1987 MN AGeneral 434s stamped 1987 MN * a 15-year secured 634s----— 1936 m s Alst & ref g 5s -;r^ay on?? j d Alst & ref 434s stamped-May 2037)j d Alst & re 434s ser c May 2037 j d AConv 45*s series a --1949 mn ♦JiChicago Rys 1st 5s stamped Feb 1 1938 25% part paid—1927 f a $ AChic r i & Pacific gen g 4s—1988 j" j ACertificates of deposit ♦ARefunding gold 48— 1934 a o ACertificates of deposit 1952 m s 1960 mn r^-lgfl j d 15 1951 19ol j d j Chicago Union Station— Guaranteed 4s 1944 5,000 1st mtge 3 5*s series E 1963 40,000 334s guaranteed-------1951 28,000 1st mtge 3 34s series f —1963 187,000 509,000 Chicago & Western Indiana 4s-_ 1952 1st & ref mtge 434s ser d 1962 374,000 1943 118,000 Childs Co deb 5s AChoc Okl & Gulf consol 5s---1952 11,000 inc Gas & Elec 1st mtge 33*8-1966 14,000 -- h ----1967 1st mtge 3348 Leb n 1st con gu g i 4s—1942 Terminal— 1st mtge guar 3 34s series D—1971 14,000 1st mtge guar 334s ser E------1969 3,000 4,000 Clearfield & Mahon 1st gtd g 5s-1943 1993 65,000 c c c & St l gen g 4s General 5s series b—_ 1993 1977 4s—---1991 10,000 St Louis Div 1st coll trust g 4s -1990 33,000 Cleveland Elec Ilium 3s ---1970 136,000 Clev & Pitts gen gu 434s ser B--19L: Ref & impt 434s series Cin w & m Div 1st g e 334s————---1942 434s 1942 334s 1948 334s— 19o0 General 434s series A— — ---1977 Gen & ref mtge 434s series B-1981 Clev Short Line 1st gu 434s.---1961 Clev Union Term 1st gu 534s A. 1972 1st s f g 5s series B guar 1973 1st s f 434s series C 1977 Coal Riv Ry 1st gu 4s -1945 Colo Fuel & Iron Co gen s f 5s—1943 Series B gu Series A gu Series C gu Series D gu i7\006 a5s income mtge ---1970 67,000 349,000 Colorado & Southern 434» ser A-1980 Columbia Gas & Elec deb 5s May 1952 156,000 Debenture 5sApr 16 1952 13,000 Debenture 5s Jan 15 1961 118,000 Columbia & Hock Val 1st ext g 4s 48 Columbus & Toledo 1st ext 4s_-1955 Columbus Ry Pow & Lt 4s .1965 13,000 ACommercial Mackay Corp 65,000 43,000 567,000 /:Apr * *969 inc deb reg w w 1st mtge 334s series I 334s deb Sale Sale 89 Sale 79 81 Sale 11834 Sale 19 83 88 24 Sale 1154 17 34 12 1434 12 "73* 634 Sale m s a o mn p a Sale Sale 97 Sale Sale 85 Sale 9134 96 34 84 34 Sale 753* Sale 825* 12454 12354 13 54 Sale 13 3* Sale Sale 96 1013* 265* 265* Sale 22 1934 1834 18 20 1854 18 175* 8 Sale" 8 Sale Sale 20 7 18 19 183* 83* 75* 7 7 734 265* 2734 Sale 23 26 2734 24 Sale 25 Sale a27,% 17 Sale 13 34 1434 34* 183* Sale Sale 534 Sale 154 Sale 1334 Sale 145* 133* 1754 93* 9y* 93* Sale 9 3* Sale Sale 354 o 19 1434 1534 17 17 1634 Sale 1634 1534 2034 Sale 11 - 19 Sale" 1134 Sale 113* Sale Sale 234 Sale 44 1434 13 Sale 17 3* 113* 43 435* 1334 Sale 125* Sale 6 Sale 654 Sale 6 5 Sale 5 34 Sale 20 1934 195* 83* 834 65 28 265* 2834 2834 2834 6 5* Sept. 1 Sept. 13 54 Sept. 13 34 Sept. 14 Sept. 14 Sept. 14 5* Sept. 14 34 Sept. 1554 Sept. 934 Sept. 85* Sept. 9 Sept. 2 Sept. 134 1654 1634 16 1634 1754 14 34 21 1154 113* 115* 234 43 3* Sept. 10 13 Sept. 3 45 123* Sept. 6 Sept. 5 Sept. 654 Sept. 5 34 Sept. 134 Sept. 7634 Sept. 12 13 34 3 3 26 634 14 54 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 5 19 23 19 19 19 19 1 26 80 654 554 154 65 734 a 63* Sale 78 65* 53* 134 76 7 63* Sale 78 4 10 26 73* 734 6 154 7634 67 6434 62 51 52 90 4534 51 533* Sale 44 Sale 8^34 Sale 4934 Sale 1234 13 10854 109 %:::: 60 Sale 63 54 34 1083* 1085* 10954 109 1063* 47 66 1085* 10954 10834 69 85 53 773* Sale 52 83 85 71 70 49 51 655* J 10734 10554 1063* 108 Sale ----- Sale Sale Sale Sale 12 Sale Sept. 10 4234 Sept. 26 10534 Sept. 10734 Sept. 105 Sept. 1003* Sept. 9054 Sept. 905* Sept. 313* Sept. 11 Sept. 1083* Sept. 55 44 Sept. 20 Sept. 3 10534 Sept. 25 1083* Sept. 11 5 10534 Sept. 101 Sept. 7 93 34 Sept. 23 9334 Sept. 23 355* Sept. 5 11 Sept. 12 110 Sept. 25 - 10834 Sept. 10 1085* Sept. 24 110 Sept.12 110 Sept. 12 85 85 Sept. 4 Sept. 4 72 6954 Sept. 4 7234 Sept. 20 106 34 10434 10434 55 54 555* 6834 1065* 10654 10454 10434 Sale 50 Sept. 12 563* Sale 52 34 Sept. 5 555* 655* Sept. 4 70 7034 Sale 1063* Sept. 27 10654 Sept. Sept. Sept. Sept. 24 30 23 24 A 10334 10734 104 104 10334 105 80 845* 8954 Sale 8134 Sale 7334 7434 J J A O A Sale 110 F 11134 MN 29 12654 Sept. 28 21 10234 Sept. 19 21 10234 Sept. 19 Jan. 3 15 109H Feb. 15 113 54 June 14 Feb. 15 106 22 Sept. 6 Jan. 4 Feb. 15 Jan. 75* May 21 98 9054 May 31 9334 jun^ 11 1023* 93 83 May 22 2 May Jan. 8 Apr. May 8 4 Jan. 5 71 June 75 May 24 90 June Sept. 26 195* Jan. 16 117 6 12 12354 103* May 23 10 May 21 86 1934 1234 12 34 1254 354 35* 53 Sept. 21 30* Apr. 6 Jan. 15 20 Jan. 11 May 21 May 21 June 25 1534 May 21 163* May 22 18 May 22 17 May 23 1534 May 21 3 5* June 7 1 May 24 10 May 22 10 May 21 12 May 15 115* July 6 1034 May 21 13 Aug. 16 1234 May 18 6 May 28 6 May 22 534 May 21 134 May 21 3634 May 24 934 May 22 1034 June 13 4 May 21 3 54 June 11 4 3* May 21 354 May 23 1 May 21 Mar. 15 Apr. 3 195* Sept. 5 1034 Mar. 13 1034 Mar. 14 65 Sept.19 2854 Apr. 1 2734 Apr. 8 295* Apr. 4 2954 Apr. 4 3034 Apr. 4 754 Mar. 8 3 23* Jan. 18 Apr. 9 1834 Mar. 30 183* Mar. 30 183* Apr. 1 193* Apr. 3 16 Feb. 21 Sept.30 Apr. 3 Apr. 4 Apr. 3 115* 115* 1134 I 4 51 3 4 June 1 Jan. 4 67 103 May 17 May- 22 6 10034 June 993* July 23 104 87 June 11 87 June 1 27 Aug. Aug. 29 7 10534 May 25 10934 July 23 105 Aug. 10434 June 107 June 75 51 Feb. 2 June 5 June 21 37 May 21 4334 June 18 50 June 10 1063* Sept .-27 1073* July 25 3 Aug. 69 4734 Feb. 13 48 May 17 40 May 22 26 Jan. 193* Apr. Apr. 834 Apr. 75* Apr. 85* Apr. 754 Apr. 234 Jan. 805* Apr. 11 3 Jan. Jan. 19 May 21 May 21 3 18 4 4 1 3 2 18 Jan. 4 5134 Apr. 12 6354 Feb. 26 54 3 Apr. 10734 Mar. 110 July 10634 Feb. 101 Sept. 953* May 953* Mar. 59 Apr. 135* Apr. 11054 May 11134 Apr. 105 Aug. 11 17 23 7 3 , 9 \6 27 4 4 8 5 11034 Feb. 11134 May 2 85 Aug. 21 72 Sept. 20 80 Aug. 7 56 3* Sept.24 555* Sept. 30 70 Sept. 23 10654 Sept. 24 10834 Jan. 29 109 106 80 105% 104 34 Sept. 23 10434 Sept. 23 80 77 Sept. 4 Sept. 24 81 Sept. 4 8634 Sept. 26 73 54 Sept. 5 765* Sept. 24 673* Sept. 7034 Sept. 25 3 103 54 Sept. 16 10534 Sept. 30 76 II 83 Sept. Sept. 27 15 5* Sept. 26' 255* Sept. 5 1 10554 Sept. 26 104 3* Sept. 104 Sept. 13 10534 Sept. 20 104 34 Sept. 3 1053* Sept. 7 11254 10834 10834 10934 107 54 Aug. 10754 112 70 O 78 77 335* Sale 10434 Sale 10434 103 34 Sale 30554 A 75 Sale 86 82 7934 745* 763* Sale 7334 69 34 Sale 673* Sale 10734 10734 1033* 1043* 10534 Sale Sale 76 8034 Sale 2434 Sale 1834 Sale 105 Sale 10454 Sale 104 5* 1053* 104 10454 Sale 10434 Sale 105 MN 103 May May May May 110 1025* 10434 AfN 94 94 10434 Aug. 30 10654 Jan. 8 10934 Feb. 24 10934 Feb. 24 MN F 118 70 773* Sale" 64 5134 Sale 43 ----- 52 34 105 107 6534 6434 Sale 10 105 83 65 ----- 105 106 11 75 ----- 10134 June 20 10634 Feb. 21 May 21 10434 Mar. 14 102 67 13 634 *43' j Sale Sale 43 5 MN 16 11 o 54 3* 63* 734 554 Sale 234 Sale 103 2834 4 Sale [12 135* 1434 1534 934 834 93* 234 Sale 5 ♦154 1534 163* 163* 12 15 70 60 14 101 24 34 Sept. 22 455* 13 s* 115* 534 8434 12354 1454 Sept. 283* 78 3* Sept. 28 1234 945* 9834 8634 23 34 23 Sept. 255* 2934 2634 27 Sale Sale \lH im j J 265* 185* 1734 22 1334 j O 133* 96 Sale 23 2634 lH d A Sale 105 63 13 d J 13 3* Sale 25 34 26 j O Sale 25 2434 2434 j A Sale 7434 8154 1233* 7654 23 j J Sept. 17 Sept. 6 Sept. 4 Sept. 6 Sept. 6 Sept. 9 Sept. 26 Sept. 6 Sept. 23 Sept. 21 Sept. 5 Sept. 7 Sept. 19 Sept. 5 Sept. 3 Sept. 24 Sept. 19 Sept. 26 Sept. 26 Sept. 24 Sfept. 24 Sept. 24 Sept. 5 Sept. 5 Sept. 23 Sept. 24 Sept. 20 Sept. 23 Sept. 23 Sept. 12 Sept. 30 Sept. 24 Sept. 23 Sept. 30 Sept. 5 65 1083* Sale 10834 109 j Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 63 MN p A Sale 1053*106H32 105»32Sept. 26 105% Sept. 3 107 34 Aug. 21 10334 Aug. 66 May 72 May 64 May 5634 May 106 5* May 10254 June 65 May 155* Sept. 9934 May 10434 8334 9034 8234 745* Jan. 13 Jan. 11 Jan. 3 19 108 May 15 Sept. 23 Jan. 1063* Jan. 83 Sept. 34 34 Jan. 10554 Aug. 106 July 10534 Apr. 11434 Apr. 1105* Apr. 10954 Jan. 99 May 973* May 113 July 11034 May 105832 Sept. 22 27 4 12 23 19 8 27 3 i May Consumers Power Co— 1st lien & unif mtge 3348—...1965 MN 1st mtge 3348 1967 MN 1st mtge 3348 —-1970 MN 11 60 109 j Sept. 25 Sept. 6 67 5834 2354 j j) mn Wks of Upper Wuerttemberg 1st 7s 1956 1966 MN 1969 MN 30. Sale Sale 1134 9134 1075* 1085* 108 105 10534 10034 1005* 1005* 9134 9134 Sale 92 9134 Sale 34 34 313* Sale AConsol Hydro-Elec see page Sale 1073* Sale 10134 10534 1951 1st mtge 3 3*s 1134 9434 9834 8534 74 34 82 1233* 1334 133* Sept. 25 116 Sept. 6 111 111 Sale Prices 26 7354 Jan. 5 4 Apr. 17 66 3 Jan. 10 54 20 6234 Jan. 18 4 6 1121h Jan. 21 8234 Aug. 28 98 j m s j j j j 12634 Sept. 28 10234 Sept. 19 10234 Sept. 19 107 Sept. 5 5734 June 59 July 315* June 50 Aug. 107% Sept. 65 May 109 j Consolidated Oil conv deb 3348-1951 170,000 1954 9,000 t AConsolidated Ry deb 4s ADebentures 4s J&J 1955 1,000 ADebenture 4s 1956 Consolidation Coal s f 5s -.I960 For footnotes, 116 105 ---1968 1st mtge 33*8 11534 10854 106 3* 10634 -—-1958 434s 125 Sept. 5 1005* Sept. 3 101 Sept. 3 10534 Sept. 27 o Conn & Passum Rivs 1st g 4s___1943 Conn Ry & Lt 1st g 17,000 2,000 62,000 37.000 55,000 10034 36 1095* Sale 1283* Sale 80 92 10854 109 109 J* - - » - Sale Sale Sale Sale 14 1053* Sale 11 17 11 11 583* 285* Sale Sale 108 «. 10634 10654 10634 10834 Sale 11 Sale 1103* Sale 11034 1215* 1223* Sale 983* 975* 913* Commonwealth Edison Co— Conv 12634 127 1015* Sale 10154 Sale 10534 10654 a Stamped guar 434s.---------1951 3,000 Conn River Power s f 35*s A—196' 12,000 Consol Edison (N Y) deb 3 3*8--194$ 59,000 334s debentures 1948 98,000 334s debentures 1956 38,000 334s debentures —1958 52,000 68:606 Sale j) 32,000 Chic t 11 & 8'east 1st & ref 5s--i960 j d Income guar 5s Dec 1 1960 m s 32,000 Cincinnati Union 16 95 54 14 6 107% Sept". 5 8154 Sept. 23 2 1245* 126 10034 Sale 101 Sale 10634 Sale 98 103 1854 Sale ---- --— Sept. 25 Sept. 23 4734 Sept. 24 1 Highest Sale Prices 68 65 l09"' 85 J Cii Sale Sale 117 4s—-1956 Memphis Div 1st 4s Sale Prices Sept. 3 Sept. 23 Sept. 13 11534 10854 125 11134 118 10354 6s—1934 a O 1951 mn 185,000 ♦ ASec gold 434s series a 90,000 ACertificates of deposit 19,000 AConvertible gold 434s 86,000 2,000 Chic sl&no gold 5s Gold 334s.-June 65 124 1949 j --------1987 Sale Prices 61 67 ¥,j 5134 Sale 9934 mn 9954 f A J d 10734 mn m S j j j j j j mn j j AGeneral 4s Ask Sale 64 10434 10634 10334 Sept. 11 105 Sept. 9 10434 Sale 102 10334 10254 1035* 102 Sept. 10 1035* Sept. 12 —-1982 t AChic Gt Western 1st 50-yr 4s-1959 t AChic Indianap & Louisv rf g 6s 1947 ARefunding gold 5s ser b- —1947 ARefunding 4s series c 1947 Alst & general 5s series a. —1966 Alst & gen 6s series b—-May 1966 Chic Indiana & Sou 50-yr Ask Bid Sale 675* Lowest 10434 1045* 10234 105 1949 a o deposit ACertificates of 61 RANGE SINCE JAN. Highest 1 m S m S 5s-1941 M s Chic & Erie 1st gold 5s Bid 67 1971 F a 9,000 *t AChic & e 111 1st cons g 143,000 49,000 35,000 312,000 23,000 4,000 17,000 69,000 44,000 14,000 156,000 31,000 190,000 106,000 72,000 631,000 545,000 209,000 238.000 17,000 36,000 216,000 1,000 265,000 182,000 498,000 185,000 609,000 1,000 41,000 73,000 180,000 123,000 Ask 71J4 Sale Lowest | 46 Sale 43 4534 Sale 50 49 545* 545* 107% 107% 107% Sept. 76 8034 Sale 8154 Sale Sept. 7,606 Champion Paper & Fibre— s f deb 45*8 (1935 issue)- —1950 s f deb 45*8 (1938 issue) 1950 Chesapeake & Ohio ry— General gold 434s--tt'iqor Ref & impt mtge 334s ser d—1996 Ref & impt mtge 334s ser e—1996 Ref & impt m 334 s ser f 1963 Potts Creek Br 1st 4s 1946 r & a Div 1st con g 4s 1989 2d con gold 4s -1989 Sept. 30 Sept. 3 58 Sale 112»« 112 3* 75 Sale 1960 p A Central rr & Bkg of Ga 5s 1942 mn Central Steel 1st sink fund 8s—-1941 mn 150,000 Certain-teed Prod s f g 534s a--1948 M s ~ 8,000 15,000 PRICES IN SEPTEMBER Price Jan. 2, 1940 Bid 165,000 Cent Pac 1st ref guar g 4s 2,000 Through St l 1st gu g 4s.531,000 Guaranteed 5s 515",000 1 is N. T. STOCK EXCHANGE Value 23 EXCHANGE-BONDS N. T. STOCK Oct., 1940] 109 1103* 109 1063* 1055* Sale 10754 Sale 1055* Sale 10834 5 3 11154 Sept. 26 1103* Sept, Sept 13 1233* Sept. 6 121 9934 Sept. 11109 1093* 109 1103* 10834 Sept. 5 1093* Sale 10554 Sept. 10634 106 Sale Sept. 10754 Sale 106 54 10534 Sept. 1093* 10934 10834 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 11 17 17 23 9 24 12 Sale 1063* Sale 12 18 12 19 12 6134 60 183* 6454 f 17 12] 15 183* 6854 12 6734 64 54 Sept. 5 69 Sept. 5 1085* Sept.11111 Sept. 10 11134 109 Sept Sept. 1105* 106 5* May 40 July 18 11154 Sept. 26 1305* Apr. 13 92 Aug. 8 119 Apr. 26 110 May 4 11034 July 12 5 10734 Jan. 10834 Apr. 4 6 10734 Jan. 5 1093* Jan. 1093* May 8834 May 11534 May 10834 May 107 May 1033* May 1043* May 103 May 10554 May Sept. 26 Sept. 18 Sept.11 Sept. 24 Sept. 6 Sept. 25 10434 May 105 May 106 May 10234 May 1043* May 1053* Sept. 27 1065* Sept. 17 14 1254 Sept. 13 Sept. 23 15 Sept. 25 15 Sept. 25 1083* 10854 1083* 1085* 1083* 111 110 111 10954 111 110 54 Sale 11054 1113* 11034 108 108 109 10854 Sale 10934 11034 Sale 10934 Sale 285* Sept. 30 14 Jan. 5 1454 Mar. 23 1023* May 15 1065* Sept. 17 11 June 14 19 Apr. 17 13 June 25 183* Apr. 15 11 June 14 1834 Apr. 9 5534 Feb. 29 69 Sept. 26 12 10634 "17" 10834 10854 1093* 10954 10654 Sale" 3634 Sept. 114 109 10834 10534 1065* 1063* 10834 Sale 285* Sept. 30 28 21 21 22 22 10934 Jan. 27 111 Aug. 22 11134 Sept. 24 1093* Apr. 3 1105* Sept.25 N. Y. STOCK 24 Sales in P BONDS September H. T. STOCK Value Bid D 89,000 Continental Oil conv deb 2%s__1948 D 1951 65,000 Crane Co 8 f deb 3 %s. M iV 24,000 Crown Cork & Seal s f 4s 1950 J 76,000 S f 4%s debentures.—1948 39,000 Crucible Steel 4%s deb ser A—1648 204,000 Cuba Northern Rys 1st 5 %s 1942 21,000 iCuba RR 1st 50-yr g 5s. i7 %s series A extended to 8,000 194t> i6s series B extended to 1946 _ Dayton Pow & Lt 1st mtge 3S--1970 Del & Hud 1st & ref 4s..-. 1943 Delaware Pr & Lt 1st M 4%s—1971 1st & ref 4%s 1969 1st mtge gold 4%s — .1969 t*iDen & Rio Gr 1st cons g 4s. -1936 * AConsol gold 4%s 1936 $ iDenv & R Gr West gen 5s Aug 1955 a Assented (subject to plan)..... ARef <fe imp mtge 6s ser B 1978 t iDes Moines & Ft Dodge 4s—1935 Certificates of deposit—- - - - - - - 4,000 t ADes Plaines Val 1st guar 4%s_1947 191,000 744,000 10,000 1.0-J0 1,000 220,000 5,000 26,000 65,000 65,000 60,000 66,000 22,000 Detroit Edison— Gen & ref 4 %s series J 108% 104M J J J J J F A AO J M S J F A J T.666 D MN J A D O Bid Sale 22 44 % Sale 2XX 32 % Sale 20 105 62% Sale 1965 51X Ed El Til N Y 1st cons g 82.666 Sale 10 M 2% Sale 2% 3 6% Sale 3H J. 49 110 Sale 110% Sale 110% 113 40 54% 22M 35M 98 100 105% 107 M 106 M Sale 17M Sale 104 3% 49 20 O 105 % 106 M 91 91M J 140 F A 108 M Sale 107M 101M 59 M Sale 49* 3,000 9,000 58,000 23",000 8,000 11,000 100,000 15",000 414,000 41,000 —1953 Series D 1953 ♦iRef & Impt gold 5s ser 19271967 *ARef & impt 5s series 1930--1975 AErie & Jersey 1st s f 6s 1955 AGenesee Riv RR 1st s f 6s—1957 aN Y & Erie RR ext 1st 4s-_. 1947 * i3d mtge 4 %8 1938 lErnesto Breda Co 1st mtge 7s—1954 Fairbanks Morse deb 4s 1956 Federal Lt & Tr 1st s f 5s 1942 5s International series 1942 First lien s f 5s stamped 1942 1st lien s f 6s stamped—-—1942 39-year deb 6s series B 1954 HFirestone Tire & Rubber 3 %s. 1948 lAFla Cent & Peninsular 5s 1943 jFla East Coast 1st 4%s 1959 Alst & ref 5s series A 1974 13% M S A O 57 54 % 24 % 23 M 19 a4s series B conv 4s MN A O J J J J MN M S F 17 X 17 X 53% 49 M S M S M S J D A O J J J D ACertificates of deposit 105 Sept. 50% Sept. 108 Sept. Sept. 93 49 Sale 96% Sale 56 95% 98 103 % 104% 104 101X 103 53 3% Sept. 24 107% 94% 17 5 Sept. 107 Sale 102 55 55 Sale 14M 14M 68 M 74% 96% Sale Sale Sale 69 Sale 78 24% Sale 51 Sale 8M Sale Sale 8 D General Cable 1st sfg5%s A AGeneral Elec (German) 7s ADebenture 104 .7 1947 122 A Gas & Elec (Bergen Co) 5s 1949 Gen Amer Investors deb 5s ser A 1952 101 1945 J 24i 1940 6%s D 27; 101M Sale 35 aS f deb g 6s 1948 MN Gen Steel Castings 1st 5%s w w.1949 J J J tiGa & Ala 1st cons 5s Oct. 1945 J t*AGeorgia Caro & Nor 6s 1934 24 % O 18 M Sale D 105 X M S 91M Sale 93 AGood Hope Steel & Iron sec 7s .1945 A Great Northern Ry— 1st & refund 4 lis series A Gen mtge 5%s series B Gen mtge 5s series C Gen 4%s series D J J D 69 M 13 15 40 Sale 19% 17 25 104% J J J D 78 F A 84 J J 70 J 1961 1952 1973 1976 1977 J J Gulf Mob & Nor 1st 5%s ser B-1950 A 1st mtge gold 5s series O 1950 A 36,000 Gulf & Ship Island 5s stpd 1952 Gulf States St'l 1st mtge 4%s-.1961 A ----- ~40"~ 106 103% 72 106% 108% 108% 30% 107% Sept. 24 109% Sept. 6 112 Sept. 13 20 88 21 Sept. 20 Sept. 26 102% Sept. 4 100 Sept. 20 20 Sept. 3 107% Sept. 11 Sale Sale 105% Sept. 101% Sept. 6 May 16 Apr. 3 Apr. 4 Jan. 24 2H Jan. Apr. 4 9 Mar. 50 1 19 June 110% Jan. 2 111% June 21 Sept. Sept. May July Aug. 113 Feb. 20 40% Mar. 12 25% Apr. 12 101 May Jan. 11 107% May 4 June 17 107% May 6 67 Sale 27 Sale 23 Sale 23 Sale Sale 24% 13% 13% Sale 66 80% 74% Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 69% 32% 26% 26% 24% 15% 15% 69 80% 95% Sept.24 6 149% Apr. Feb. Mar. 11 60 Jan. 2 Apr. 59 Jan. 3 69% 33% 26% 26% 25% Sept. 30 Sept. 30 Sept. 30 Sept.30 Jan. 8% June 8% June 95% 18 Jan. 3 18 Jan. 3 June 69 102 44% May 17% June 13% June 14 May Sept. 30 Sept. 30 Sept. 30 Sept. 30 Sept. 5 Sept. 30 Sept. 30 Sept. 9 Sept. 19 18 44 52 92 Sale 103% 83 Sale 105 Sale Sale 95 75 33 32% 99% 103% 101 Feb. Sept. 20 15 Sept. 9 June 17, 80% Sept.19 Feb. 8 97 July 22 Mar. 28 41% Sept. 17i 98 104% Sept. 27,108-% July 16 Feb. 9 100 May 22 105 42% Sept. 106% Sept. 104 Sept. 102 100 Sept. 100 Sept. 99 102% Sept. 27| 106% Sept. 18; 103 Sept. Sept. Sept. Sept. 104 104 Sept. Sept. Sept. 56 S: 37 81% 85 84 88 Sale Sale Sale 64 9 Sale Sale 61% 4% 82% 85% J 15 ----- 16 1999 1944 A J 119 ----- 123 O 78 1937 MN 46 98% 75 Sale I 64 6% 100 Sale 94 Sale 93% 105% 97% 84% 60 5% Sale Sale Sale Sale 64 Sale 86% 80% ----- 26 8 Mar. 15 Apr. 4 Mar. 28 Feb. 1 56 Sept.18 3 8% Jan. 3 8% Jan. May 4% May 3% May 7 3 May 27 2% Jan. 18 May 24 2% Jan. 4 % July 31 7 100I7uJan. 24 101% Aug. 35 May 10 Aug. 27 63 38% 28 Sept." 10 41 105 Sept. 106 Sept. 30 Sept. 41% Sept. 32 Sept. 83% Sept. 11 Sept. 13% Sept. Sept. 27 33 Sept. 21 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 9 106% Sept. 103 95 87% 86% 102% 93% 79% 61% 5 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 84 Sept. 105% Sept. 100 Sept. 94 Sept. 93% Sept. 105% Sept. 97% Sept. 85 Sept. 61% Sept. 5% Sept. July Jan. 7 5 26 88 30 26 11 30 58 75 Jan. June Feb. 106% May 96% Feb. 23 88 Apr. 3 08 % May 05% Sept. 00 Sept. 94 Sept. 93% Sept. 05% Sept. 97% Sept. 85 8% 00% 87% 83% 90% 04% 11% 70 30. 1 r> Apr. 25 June 3 30 30 30 30 26 30 Sept.26 61 % July 21% 5 123% May 24 87 40% May 28 55% 96% May 28 101 21 115 Sept. 27 Sept. 17 Sept. 6 Sept. 27 ^ Jan. 65% June 90% Mar. 96 5 10 19 104% Feb. 20 9 80 Jan. 9 2% May 100% Apr. 104% Sept. 21 111 Sept. 17 Sept. 10 123% Sept. 6 87 Sept. 19 49 Sept. 4 100% Mar. 28 22% Mar. 12 8ept.30 68% June 19 123% 123% Sale 123 83% 81% 83% 84% 87 48% 50% 48% 46% 49 100% 100% 100 99% 100 f4* 33 104% June 94 May 87 May 77 May 76 May 94% May 4 30 30 30 30 86% Sept. 82% Sept. 30 74% Sept.30 61% May 28 Sept. 20 Sept. 25 108 5 Sept. 23 Sept.11 Sept.24 Sept. 30 Sept. 24 100% May 15 105% Jan. 77% June 11 91% Jan. 80 86 Jan. 106 June 103 84 19 105 13% Sept. 18% Jan. 103% Sept,. 3 105% Sept. 26 78% Sept. 24 85 Sept. 3 74% Sept. 30 75 Sept. 28 124% Jan. 121 May 100% May 99% June 24% Jan. 30 Apr. 25 Aug. 55% May 3 23 11 24 30 24 4 25 30 95 103 74% Sale Mar. Feb. 2 100% 82% Sept. 86% 80% Sale 80% Sept. 85% Sale" 103 104% 103% Sept. 104 110% Sept. 110% 110% 110% 86 1949 Sale Sale 78% 107% 108% 106% 107 102% 103% 105% Sale 103 Mar. 26 102 May 28 104% 104% May June 104% 107 May 46% Aug. 48 Sept. Sept. 7% Sept. 8 62 94% 108% Sale 97% 6 Jan. 110 56 Sale 33 16 80 Sale MN Jan. 106 104 May 101% Aug. 51 May 107% Sept. 6 102 Sept. 20 *7 121% 121% 104% Sale 104% 104% 104% 105 105% Sale 105 " " 30 40 " 26% 40 30 37 41% 34% Sale" 26 32 27 30 75 82% Sale 75% Sale 11% 9% 13% 10% 11 13% 18 12% 18% 14 Sale ----- see page 39 Sale 99 For footnotes 1 101 Sale O 1954 109 109% 11% 11% 3% May 2% May 86 78",000 Houston Oil 4Mb debs 106% Sept. 30 3 63% Jan. June 90% Mar. 95% Sept. 24 141 1% 2% 2M 1 2% 2% 102% 100% 102% 35% 40 Sale 87% Sale 82% 85% „„„ 1% Sale 85 _ 4 8 105% May 17 108% May 30% Apr. 11 12 Jan. 13 2 106% May 21 109% Jan. 108 2% Sale O AHarpen Mining 6s Hock Val 1st con g 4 Ms 10,000 Hoe (R) & Co 1st mtge 7,000 7,000 t*AHousatonic RR con g 5s Mar. 29 " 94% Sept. 11 41% Sept. 42% 39% 60 104% Sept. 107% 105% Sale 103% Sept. 103% Sale Sale Sale O J Jan. 35 102% Sept. 96% 95% is" ooo Gulf States Util 3Ms series D...1969 MN 19,000 40 46 3% Sept. 24 49% June 22 5 105 96 104 95 102% 100 103% 102% 103% 103% 103% 103% 103% 105 101 102% 101 100% 101 104% 104% Sale 104% Sale 35% 50 39 34 M 54 60 55% Sale 54 6% 7% Sale 6% Sale 5% 7% Sale 5% Sale 60 80 105M 105 M 99 M Sale 90 X 89 129,000 J 81M 112,000 Gen 4%s series E 82 M J 337,000 Gen mtge 4s series G J 103 —1946 632,000 Gen mtge 4s series H 90 X J 1946 525,000 Gen mtge 3%s series I 73 X J 1967 J 340,000 AGreen Bay & West deb ctfs A 58 Feb 1,000 A Income debenture ctfs B 8 Feb 3,000 Greenbrier Ry 1st gu g 4s 1940 MN 31 28 26 5 May 106% Feb. 5% May 5% May May 1% May - 107% Sept. 18 Sept. 107% Sept. 29 104 4 105% 107% 104% 105% 11 Apr. 5 Apr. 15 Apr 5 May 2 Apr. 8 Apr. 1 102% June 37% June 106% Sept. 30 55% Sept. 23 108 Sept. 25 104 Sept. 3 107% Sept. 24 8 Sept. 5 7% Sept. 23 2% Sept. 4 2 Sept. 19 Sept. 3 4 Sale Prices 6 110% Jan. 27 21 22 31 93 107 M 108 103 X 102 M 101 105 X 43 X 18 23 M 23 Sale 23% Sale if* 4% 107% Sale 69% 32% 26% 26% 20% 15% 15% 27 Sale 55 Sale" 105% Sale" Sale 3% 103% June 102 Sept. 104 May 99% May 101 May 15 July 17% Aug. 19% Aug. 17% Aug. 3 24 25 9 30 3 148 Sale 24 M 21 104 104 Sept. Sept. Sept. Sept. Sept. 21% Sept. 23 Sept. 24% Sept. 1 Highest Sale Prices Sale Prices 106% 103% 105% 103% 104% AFonda Johns & Glov ref 4 %s 1952 Goodrich (B F) Co 1st M 4%s_.1956 103,000 Gotham Silk Hosiery deb 5s w w_ 1946 35,000 Gouv & Oswegatchie 1st 5s 1942 Grand R & I ex 1st gu g4%s___1941 Grays Point Term 1st gu g 5s 1947 Gt Cons El Pow (Japan) 7s 1944 14,000 1st & gen s f g 6%s 1950 120,000 35 000 Sale Sale 8 M S 107 M 69% *A(Amended) 1st cons 2-4s—1982 2 3 M Proof of claim filed by owner— MN 2% 2% ACertificates of deposit Fort St U D Co 1st g4%s 1941 J 3 100 X 103 M 48 M Francisco Sugar coll trust 6s 53 X 1956 MN 12,000 54,000 185,000 —. 75 A J D M S 95 M 90 Proof of claim filed by owner— MN 35,000 55,000 2,000 3,000 12,000 664,000 2,000 5,000 7,000 6 148 1965 185,000 t AErie RR 1st con & prior lien 4s 1996 Alst consol gen lien 4s 1996 1,224,000 AConv g 4s Series A 1953 340,000 AGen Sale" 107 J .1965 Sale 106% 109% 107% 109 5s..„-1995 4s. .1952 Sale Sale 106% 107% 106% Sept. 107% Sale 108% Sept. 109 M 109% 108% 109 111% 111% 111% Sept. 110% 31 45 30 M 45 21 Sept. 21% 35 20 M 35 98 98 Sept. 100% 98 Sale 102% Sept. 102% 104% J 58 stamped 224,000 2,000 1,551,000 1.093,000 26,000 83,000 Sale 106% 54% 108 Sale 107% Sept. 106M 107% 107% 7 Sept. 7% Sale 7M Sale 7 9 Sept. 6% 8 6M 1% Sept. 2% 1% IX 2M 2 1% Sept. 1% 1% 2% 5 Sept. 5% Sale Sale D Ry3%sA 1970 El Paso & S W 1st & ref 5s—— 24 M 22 M Sale 108 J Electric Auto Lite conv deb 96,000 Elgin Joliet & Eastern Sale Sale Prices 104% Sept. 27 102 Sept.27 105% 104% Sept. 9 Sale 103% Sept. 5 Sale 104% Sept. 7 Sale 17% Sept. 30 20 Sale Sept. 27 20 22 18 24 Sept. 24 17% 21% Sale 110 106 J Eastern Ry M No Div 1st g 4s. 1948 MN 19.000 Eastern Tenn Va & Ga 1st g 5s. 1956 Ask Ask Bid Sale Lowest Highest Lowest Sept. 30 Sale 109 A 140,000 Duquesne Light 1st M 3%s | 104% 103 103 M 102% Sale 105% 105 103 M 103 M 103% 104% 104M Sale Sale 17% 106M 38 J J D—. —1961 Sale 105 M 102% Sale 103 103 M 29 M Sale 105 J J J Ask Sale J MN A O Gen & ref mtge 4s series F__.1965 Gen & ref mtge 3 %s series G-1966 M S Detroit & Mack 1st lien g 4s 1995 J D ASecond gold 4s_ ---1995 46,000 Detroit Term & Tun 1st gu 4%s 1961 1951 1,000 Dow Chemical deb 3s KDuluth Missabe & Iron Range 28,000 Ry 3%s 1962 11,000 1* aDu! So Shore & Atlantic g 5s_1937 Sept. 3 1940 EXCHANGE RANGE SINCE JAN. PRICES IN SEPTEMBER Price Jan. 2, t _ EXCH A NGE—BONDU Jan. Apr. Feb. Jan. Mar. Sept. May 8 24 22 23 6 14 21 7 Feb. 27 Sept. 27 Sept. 17 Apr. 3 May 1 N. Y. STOCK Oct., 1940] Sales in ?"8 BONDS September ii n. t. stock exchange Value Ask 34 Sale" Sale 1125* 91 _ 51.000 93,000 20.000 29,000 148,000 137,000 103,000 236,000 29.000 17,000 286,000 598,000 31,000 101.000 210.000 Internat Gt Nor 1st 6s a_... a adj mtge 6s series a.July 1 a 1st mtge gold 5s series b.... a 1st gold 5s series c........ Internat Hydro el deb 6s Int Merc Marine 1st s f 6s Intern Paper conv 5s series a... Refunding 6s series a Int Rys of Cent Amer 1st 5s b... First lien & ref 6 **s Internat t & t deb g 4 **s Deb gold 5s t Alowa Central Ry 1st & ref 4s._ James Franklin & Cleart 1st 4s._ Jones & Laughlin St'l 1st m 4 j*s j a 11,000 Kanawha & Mich 1st gu g Sale Sale — — "i6",6o5 41 Sale 71** 60 40 Sale 78 79 73 65 45 58 68 Sale 65 60 42 50 42 45 49 40 54 50 70 57 Sale Sale 52 ~70~~ 60** 455* Sale 46** 43 Sale 44 5* 24 16 100** 99 61 13 ** 59 86 65 5* 10 13 15 15** 105 94* J J 102 5* 961 A o 952 A o Sale 104** Sale 105** Sale 1055* 106 97 96** 966 J J Sale 81 o Sale Sale Sale Sale 70 17** 104 105** Sale 105 h 106 995* Sale 89** 85* 15* Sale Sale J Sale 335* 775* 885* 8** 1** 7** 956 1 J Sale -7*1 944 A o Sale 941 a O Sale 947 J J Sale 495* 57** 102** 955 Af s 972 MN Sale 103 947 F a Sale 715* 85** 952 J J Sale 955 F a Sale 74 O 952 J J 90 ** Sale 952 a o Sale 84 951 Af s a\H d Sale 961 Af s Sale O 936 a o 68** 88** 31 29** Sale 65 Sale 29** 28 95d AO 950 J J 960 J 3 Sale 8 943 943 943 108** 25 24 8 946 M s 987 J J 961 J J 156** 106** 106** 104** 2** 84** J 75 J J 80 d 81 J* Sale 86 53 j* 99 87 535* Sale 90 86** 30** a 11 25 Sale 52** 98** 90 gg 11 175* Sept. 18 Sept. 4 47** Sept. 24 5 25 Sept. 30 Sept. 26 17** Sept. 23 Sept. 104** 106 Sept. Sept. 1065* Sept. 99** Sept. 81** 33 5* Sept. Sept. 785* Sept. 89** Sept. Sept. Sept. 8** Sept. 8** 53 Sept. Sept. 66** Sept. 102** Sept. 104** 78 Sept. 87 Sept. Sept. 28 303 Sept. 30 343 Sept. 1** 57 Sept. 101 Sept. !S Sept. 20 90 Sept. 5 33 5* Sept. 3 33** Sept. 9 65** Sept, 9 70** Sept. 16 107 5* 14 5* Sept, 13 14** Sept, 18 102** Sale" 102 Sept. 3 Sept. 5 Sept. 7 Sept. 24 Sept. 4 Sept. 23 Sept.*23 Sept. 27 Sept. 4 Sept. 5 Sept. 6 Sept. 6 Sept. 5 Sept. 24 Sept. 3 Sepr. 4 Sept. 24 Sept. Sept. 7 Sept. 7 Sept. 18 Sept. 27 Sept.23 Sept. 20 Sept. 7 Sept. 7 Sept. 24 Sept. 24 Sept. 5 14 5* Sept. 13 14** Sept. 18 50 48** 435* 43** 43** 3 Feb. 13 24 Sept. 30 995* July 10 68 Sept. 26 17** Sept. 23 May 13 105** May 29 106** 1025* June 25 1065* 89 May 28 100** 70 81** May 21 29 May 21 39** 67 May 21 785* 78 May 21 90 !* 7 June 13 16** 2 May 15 4 14** 65* June Jan. 2 2 Jan. 5 Feb. 19 2 June 14 V* 74** 6 765* 23 103** 28 104** 20 95 82 June 21 6 99 June 14 22 June 84 25 11 2 18 Jan. May 90** May 70** Aug. 93 Jan. Jan. Jan. 4 99 38 Sept. 7 Apr. 25 Sept. 4 Apr. 27 Sept. 23 May 28 6 5* June 1 Mar. 19 Aug. 12 44** 14 475* May 21 May 22 May 18 101 5^ June 11 May 31 Jan. Sept. Apr. Jan. 4 9- 23 Mar. 13 Mar. 13 Jan. 6 Sept. 27 Sept.23 90 Sept. 20 39** Apr. 8 Apr. 4 Feb. 13 Sept. 24 24 ** June 5 385* 50 May 28 69** 50 May 21 70** 105 May 23 109 Mar. 13 145* Sept. 13 14** Sept. 18 13 5* Mar. 14 July 105 103 Sept. 10 106 Sept. Sept. 103** May Sept.17 104** July 100 May Jan. 50 Feb. 50 Feb. 4 20 15 June 75 80 May 14 Feb. Feb. 5 Mar. 85 Jan. 25 150** 172 157 May 105** May 168 Sale 3 5 71** Sept. 35* 3 Sale Sale 50 49 78** 82** 82** 74** 80** 87** 89 29** 30 Sale 52 Sale 30 Sale 61** Sale Sale 90 36** 83 86 61 86 32** 365* 35 28 28 275* 275* 60** 605* 40 30 345* 30 70 Sale" 18 42 Sale 15 Sale 18 Sale M n 145* 145* 155* 17 Sale 18** 19** Sale 19 Sale 20 Sale 20 Sale 127 127 ** 1295* 130** 100 J d 107** 1095* 1962 mtv 1946 f a 102** Sale 1952 J D 66 75 1953 f A 108 Sale 1950 a O 725* 87 55 39** 3 92 Sale 48 120** 79 94 52 43 117 82 Sale 51 39** ~60" 80** 88** 305* Sale 50** Sale 44 92 49** 465* 46** 115** Sale 54 48 4 Sept. 11 97** Sept. 18 93 ** Sept. 12 59** Sept. 11 59 Sept.11 46 5* Sept. 10 46 5* Sept. 10 86** Sept. 52 Sept. 51** Sept. 43** Sept. 46 Sept. 45 875* 32 3** Sept. 54 51** 29** 30 29** 32 28** 30 28** 34** 28** 30** 28** 70 625* 625* 41** Sale 43 5* 43 5* 20** 205* 21** 21** 24** 14** 51** 51** 115** 102** 104** 104 124 123** Sale 128 128 Sale 95** 95** 99 104 1048si Sale 45 45 29 Sept.19 Sept. 23 Sept. 23 81** Sept. 24 93 Sept. 11 90** Sept. 12 Sept. 16 Sept. 5 3 31 50 5* Sept. 61 35 Sept. 20 36** Sept. 24 55 49** Sept. 7 29** Sept 27 30 Sept 11 5 29** Sept 30 65 Sept. Sept. 64** Sept. 39** Sept. 43** Sept. 42 Sept. 60 Sale Sale Sale 98 . 28 Jan. 106 15* July 20 80 June 13 79** June 18 38 38 33 May 21 May 28 39 Mar. 27 June 69** Apr. 82 Jan. 6 4 23 79** May 21 28 May 42 May 42** May 79 5* June 28 24 28 22 30 June 24 37** May Apr. May 20** Apr. 24** Feb. 20** Apr. 50 49** 81** Sept. 24 94 July 18 90** Sept. 12 395* Jan. 5 62 Sept. 24 61 Sept. 23 90 Mar. 14 37 July Jan. 65 June May May May May May May May 30 8** 85* 9** 85* 10** 10 40 Jan. Jan. 30 June June 31 Sept. 28 8* S8* 8* 30 15 4** Apr. 10 97** Sept.18 93** Sept.12 59** Sept. 11 59 Sept. 11 465* Sept. 10 465* Sept.10 Jan. 23 Feb. 103** Sept. 25 June 27 22 Sept.18 Sept. 11 30** Sept. 11 Apr. 15 108 Aug. 12 7 108** Aug. 1005* May 30 102 5* Sept. 4 104** Sept. 23 103 5* Sale Sale 39 5* Sept. 20 45 38 40** 41 Sale Sept. 16 107** 1075* 107 5* 108** 1075* Sept. 11 107 5* Sept. 7 70 82 70 103 107 101 31 104** Sept. 16 124 Sept. 30 128 Sept. 3 97 Sept. 25 104»m Sept. 3 16** 17** 17** 19** 25 52** Sept 103** Sept. 4 123** Sept. 13 127 Sept. 6 95** Sept. 6 lOVn Sept. 27 Sale *54"" Sept. 4 Sept. 24 Sept. 23 Sept. Sept. Sept. Sept. 19 Sept. 49** Sept. 48 Sept. 1155* Sept. 16** Sept. Sale 62 30** Sept. 12 65 Sept. 6 65 Sept. 6 43** Sept.23 44 Sept. 25 44 Sept.20 20 5* Sept.25 20** Sept. 24 22 Sept.24 22 Sept.20 25 Sept.23 25** Sept. 23 53 Sept. 25 53 Sept.24 115 5* Sept. 18 Sale Sale 3 107** Sept. 6 Sept. 6 105** Sept. 17 103** Sept. 25 89 5* Sept. Sale 53 Sale 5 Sale 71** Sept. 108 1025* Sept. 91** 38 50** Sale 95 Sale AfN 97 50** Jan. 47 104 100 UH 6 Sept. 19 80 15 17 7 60 6 68 80 Mn 49** 49** 33 30 Feb May 90 a 26** 3 Jan. 4 Jan. 3 Jan. Feb. 27 65 Apr. 5 65** Feb. 7 465* 565* 465* 785* 85 90 Sale 35 26** 8 4 10 70 sinking fund 5s... 1974 f o 21 21 10 17 1 Feb. 71 70 31 a May May 19** July 99** Jan. 54 July 8 ** June 5 45 90 Sale 30 1952 17 48** Jan 50 Apr. 11 28** .1947 57 14 11 28 o 1** 85 5* 33 Sale 32 29** 33 30 34** 30** 30** Sale 62 64** 65** 62** 63** 68** 69** 65** 66** Sale 107** 108 1065* 107** Sale Sale 37 a 1005* 52 O f 55 5* 51** 43** 41** Sale Sale A a 1015* 715* 93 21** 895* Sale 36** Sale 50** Sale J Sale Sale 23 5* 1 1 855* 86** 85 48 1951 Feb. 103** J 1955 1944 53 Sale J 5s debenture Lion Oil Ref conv Sept. 19 107 108 107 Sept. 107 5* 108 Sept. 104** 104** 104** Sept. J Libby McNeil & Libby 4s Liggett & Myers Tobacco 7s 60 Sale' J AfN Sept. 19 5 4 87 Apr. 23 Sept. 26 103 J AfN 101 5* Sale 29 - 45 47 107 40 1941 a o 6.000 j Leh Va 1 Ter Ry 1st gu g 5s 5s assented 1941 a o 14,000 A O 1,000 Lexington & East 1st gu 5 <-----1965 59 Sale Sale 108 A afn Sept. 26 104** 942 F J 42 Sale 44 3 Sept. 26 Sale 39 J 8 49** 24 1 ** 150** 172 455* 43** J Aug. 15 Aug. 865* May 90 a fa Sale 775* 87** 8** 1** 7** 215* 60 a - June 56 20 A j" 3 9 Sale 105** 106 942 F 1974 9** 1 ** 85* Sale 20 953 F 960 F 1964 104** 105** 1055* 96** 805* 29** 1 23 22 27 5 23 21 22 58 68 15 27 105 80 F 102 5* 76 106** 959 M s 939 A o 942 4 o m s Sale 8 Sale 950 M s J 32** May 34 May 345* May 31 % June 40 May 28 5* May 70 July 27 64 87 71** mtv Sale 8 515* 65** 102** May 27 May 6 25 23 24 26 24 24 24 23 44 5* Sept. 87 Sale 82 954 J 61 Sale 11 80 954 J 7 5* Sale 102** 961 951 Sale 101 j* 104 961 O 9** 15* June 10 127 59 65 44** Sept. 13 41** Sept. 13 19** Sept. 5 33 Sale Sale May 22 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 78 Prices 37** Jan. 8 Apr. 30 36** June 10 50** Jan. 24 165* Feb. 21 9 5* May 22 4 108** May 22 112** Jan. 3 91 Jan. 86 July 30 22 120 49** Sale 932 a 932 m S 45** 48** 40!* 43 5* 54 j* 43** 100 95 986 M S 16 3 17 3 3 9 3 23 30 48 50 70 57 ** 60 76 30 47 52 Sale 58** 17 For footnotes, see page 30. 55** 92** Sale 73 26** deb 4**s 58 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 52** 55 959 J 41** 455* 395* 40** 40 5* Sale 45 a t Liquid Carbonic 4 conv debs Little Miami gen 4s series a 95",000 Loew's Inc s f deb i ns 10,000 Lombard Elec 7s seri s a 33,000 Lone Star Gas 3**s ebs a Long Dock Co 3 •)* ext to 46** Sale Sale Prices Sept. 23 Sept. 2* Sept. 5 Sept. 9 Sept. 26 83 63 ... Sept. 9 33 Sept. 19 126 Sept. 10 46** 13 Sept. 3 Sept. 9 112** 86 40 * 940 I Sale Prices 85 a j. 70 Sale Sale 950 956 Sale Prices 70 60 49 A 1 Highest Lowest Highest 87 Sale F a5s starape 1 83 83 956 94- RANGE SINCE JAN. Lowest Ask 35 45 Sale 52 15** ASec 6% note3 extend to 1943 1,000 a6s stamped1943 2,000 1954 132,000 Leh Vail Harb-ir Term 1st 5s 7,000 j*ALeh v (n y) 1st gu g 4**s_..1940 ♦ al**sas,en ed ...1940 60,000 2003 289,000 Xk Leh Vai (Pa) gen con g 4s A4s assented 2003 881,000 a Gen cons 4 v*-; 2003 111,000 a 4 *£s asse it d 2003 323,000 a Gen consoi 5s_— 2003 71,000 a 5s assented 2003 283,000 78,000 27,000 31,000 14,000 16,000 415* Sale 455* Sale 375* 39** F a5s stamped AFirst&re 87 "70~~ 415* Sale 45 Lake Erie & Western rr— 5s 1937 extended at 3% to 1947 13,000 2d gold 5'-1941 12,000 63.000 Lake Shore & Mich Sou g3**s—1997 Lautaro Nitrate Co Ltd— a 1st mt^e Income reg.Dec 31 1975 134,000 89.000 Lehigh Coal & Nav 4**sser a...1954 Cons sink fund 4**s ser c 1954 99,000 i-ehigh & New Eng rr 4s a 1965 1945 26,666 Lehigh &n . Istgug4s Lehigh Valley Coal— a5s stamped— 1944 8,000 Alst & refunding 5s ...1954 a5s stamped 1954 "i6",666 a st A refunding 5s 1964 1,000 24,000 35 Sale 948 997 a 74,000 Kresge Foundation 3% notes—. t Kreuger & Toll class a— a 5s Uni.orm ctfs of deposit._ 121,000 ♦ a Laclede Gas Lt ref ext 5s 25,000 Ref & ext mtge 5s 301,000 Coll & re 5 hs series c 388,000 Col & ref g 5**s ser d 164,000 Coll tr 6s series a 6,000 Collatera trust 6s series b 3.000 Ask Bid Sale 961 Plain 4ms unguaranteed Kings Co Elec Lt & Pow 6s 18,000 Kings Co Lighting 1st ref 5s 1st & ref 6**s 2,000 45,000 Koppers c > 4s series a 1 43 ** 963 963 993 A 4s 68,000 j*aK c Ft s & m ref g 4s_. a Ctfs of dep (Bankers Trust)32,000 123,000 Kan City South 1st g 3s Ref & Imp 5s ....April 170,000 51,000 Kan City Term 1st 4s Karstadt (Rudolph) Inc— a Ctfs w w stpd (par $645) 5,000 a Ctfs w w stpd (par $925) 9,000 a With warrants (par $925) 43", 000 Keith Corp (b f) 1st ser g 6s Kentucky Central 1st gu 4s 13,000 Kentucky & Ind Term 1st 4**s._ Stamped— "2",556 Bid Sept. 30 295* Sale 305* Sale 29 126 122** 127 124 5* 45 Sale 45** Sale 445* 115* Sale 12** Sale 115* 111 111** 1115* 112** 111 91 88 88** 83 83 68 - . Sept. 3 1940 % 111 Cent & Chic St l & n o— Joint 1st & ref 5s ser a ... 409,000 4**s series c 105,000 8,000 Allseder Steel Corp 6s *Alnd Bloomington & w 1st 4s._ 22,000 Indiana 111 & Iowa 1st gold 4s.. 48,000 t Alndianapol & Louisv 1st gu 4s. Indianapolis Union ry— Ref & impt mtge 3 **8 ser b... 2,000 37,000 industrial Rayon 4v*s_-. 105,000 Inland Steel 1st mtge 3s ser f— 66,000 inspiration Consoi Copper 4s— 145,000 t Alnterboro r t 1st & ref 5s * a 10-year 6% notes 168,000 * a 10-year 7% notes 57,000 95,000 Interlake Iron conv deb 4s PRICES IN SEPTEMBER Price Jan. 2, •XI 217,000 Hudson Coal 1st s f 5s series a.¬ 962 J D 949 m N 7.000 Hudson County Gas 1st 5s 251,000 Hudson & Manhat 1st & ref 5s a 957 F a k Adjust income 5s 136,000 Feb 957 970 3 i.ouo Illinois Bell Telep 3 **s 8er b 951 Illinois Central 1st g 4s--.951 1st gold 3 **s 951 Extended 1st g 3**s 951 M s 1st gold 3s sterling 952 A o Collateral trust gold 4s 58,000 955 mtv 297,000 Refunding 4s J 952 J Purchased lines 1st 3 **s 16,000 953 mat Coll trust gold 4s 169,000 955 m tv 65,000 Refunding 5s 966 F A 521,000 40-year 45*s 950 Cairo Bridge gold 4s 4,000 951 Litchfield Div 1st g 3s 4,000 Louisv Div & Terra g 3 **s— 953 3,000 951 Omaha Div 1st gs 3s 951 St Lou Div & Term g 3s 951 Gold 3 **s. 2,000 951 Springf Div 1st g3 **s 951 Western Lineslst g 4s 2",66o 25 EXCHANGE-BONDS il* 47 20 Jan. 20 Sept.11 Sept.11 July 31 Sept.12 Sept. 6 Sept. 6 Feb. 2 Feb. 2 Feb. 10 205* Sept. 25 20** Sept. 24 22 Sept.24 22 Sept. 20 25 Sept. 23 Sept. 23 Sept. 25 II* 54 Jan. 11 109 June 118 Jan. 16 99 June 104** Sept. 16 3 127** Jan. 131** Mar. 26 455* July 121** May 1205* May 90 May 104i,t Sept. 104** Mar. 100** May 28** June 105 May 63** Feb. 101 Feb. 2 Mar. 28 104** Mar. 20 Mar. 21 105 110 73** Feb. 29 110 67 Feb. Feb. 4 7 \ STOCK EXCHANGE—BONDS N. Y. 36 States in EXCHANGE N, T. STOCK Value Jan. 2, *1 1940 _ ALower Austrian 48,000 329,000 47,000 71,000 25,000 1,000 •89 M S M S M S 91M Sale 89 88 M 87 M 126 A O F A 83 110 M S 10794 109 100 10194 Hydro-El 694s -1944 O O O J A 102 M 82 M M S M S J MN F .--2013 1953 Manila El Ry & Lt 1st 5s Manila RR South Lines 1st lAMan G B & NW 1st gu Marion Steam Shovel s fg 4s—1959 394s.-1941 6s 1947 105 77 94 106M O Sale 74 Sale 52 Sale 40 94 Sale Sale Sale 29 M S MN 86 50 J J A O 68 20 83 81M 86 Sale 71M 76 83 M 75 62 A O 86M 7 694 F A 88 M S Sale 74 Sale 12M 46 45 50 — - 5994 90 94 103 94 30 M 594 194 73 6M Sale J 94 6M 594 2 Sale 594 J 6M J 2 94 6M 3 Sale 55 29 94 Sale 1962 J _ a Mo Pac 3d 7s ext at 4% July .1938 j JMobile & Ohio RR— A Montgomery Div 1st g 5s—1947 F 2,000 AOertifieates of deposit 61,000 A Refunding & Improv't 4Ms. 1977 8,000 ACertiiicates of deposit 452,000 *a Sec 5% notes -.1938 41,000 AUertificates of deposit. 295,000 Mohawk & Mai 1st gu g 4s .1991 11,000 10,000 Monongahela Ry 1st M 4s ser A .1960 Monongahela West Penn Pub Serv— f 4 Ms ser C A 4s A 48 a 82 000 63 000 60 000 4s a 4s Sale 14 M 22 M Sale 28 M Sale M S 33 M Sale M 59 S MN 10594 106 10994 109M 110M 111M 100 Sale 85 Sale 60 72 51 51 22 Apr. 4 8294 Sept. 24 83 % Sept. 30 Mar. 20 52M Jan. 4 83 63 July 8 57 Sept. 14 100 M May 28 106M Sept. 23 1594 May 18 6494 Jan. 11 91 Sept. 4 92% 67 65% Sept.19 10394 Sept. 3 10594 22 21 Sept. 21 2294 1 4 94 4M 5 194 1M 7M 194 1M 5M 594 294 1M 23 11M Sept. 694 7 Sept. 194 194 1M Sept. 1 Sept. Sale 6 594 694 294 194 594 1% 1 Sale 50 80 94 Sept. 5 4M Sept. 4% Sept. 2% Sept. Sept. 3 1M 1M 16M ----- 16 % 17 25 M Sept. 5 20 16M 1594 1M 16% 1894 Sept. 5 Sept.17 16 2 94 Sept. 5 5 1894 Sept. Sept. 21 17 Sept. 5 18 4 17 94 Sept. 154 Sept. 4 1894 Sept. 5 Sept. Sept. Sept. Sept. Sept. 16>4 Sept. 16 94 Sept. 1 Sept. 16% Sept. 16 16 94 Sept. 16 M Sept. 21 5 1894 Sept. 1594 Sept. 73 Sept. 17 Sept. 24 73 Sept. 25 Sept. Sept. 14' 27% Sept.11 Sept. 4 28 M Sept. 17 Sept. 4 36 94 Sept. 20 37 94 Sept. 16 Sept. 3 110M 10994 110M 110 Sale Ill 111 M 112M 111 103 % Sale 101M 10194 Sale 61 64 62 67 % 60 Sale 43 75 4494 50 Sept. 21 110 94 Sept. 20 lllM Sept. 3 103M 65 Sept. 4 50 Sept. 14 ----- 110 Sept. Sept. 4 Sept.20 44 44% Sept. 16 53 94 Sept. 13 Sept. 13 5 Sept. 5 10594 Sept. 3 Sept. 11 Sept. 7 Sept. 25 Sept. 27 Sept. 3 41M D 68 1955 MN 40 1955 MN 1968 J D 1947 MN 36 M 1941 MN A 108M 116M 10194 67 % 10294 Sale Sale Sale 42 M 38 34 65 Sale 39 M Sale 109 Sale 11494 100 M Sale 106 Sale 104 % Sale 104 Sale 39 Sale 35% Sale 108% 110 115M 66 Sale 103 106 M Sale 104M 104M % 94 94 M M Sale Sale 41M 37% 33 94 108% 115M 101M "4394 Sept ."24 3994 Sept. 5 Sept, Sept. Sept Sept Sept Sept 3594 Sept. 23 109 94 Sept. 24 11594 Sept. 13 101M Sept.18 67 Sept. 65 Sept. 20 Sept. 102M Sept. 14 103 106 Sept.16 106 94 Sept. 10294 Sept. 12 104 94 Sept. % M M 25 21 28 30 94 Sept. 5 i off 1951 A 1951 A A Assent\warr & rets No 4 on 1951 National Steel 1st M 3s 1965 Nat Supply lst^mtge 3 Ms .1954 A O O O A O J % 102 Jan. Jan. Jan. Jan. 2 4 2 4 2194 Apr. 4 2094 Mar. 28 4 Jan. 3 2194 Apr. 2194 Apr. 21 94 Apr. 2194 Apr. 2 94 Jan. 2194 Apr. 2094 Mar. 28 2194 Apr. 4 2194 Apr. 3 79 May 1 Sept. 16 Sept. 20 4494 Sept. 16 55 Nov. 8 107 Jan. 25 44 June May 27 11094 Feb. 17 May 22 112 94 Apr. 13 9 9594 May 22 104 94 May 86 Jan. 17 62 Sept. 4 5694 Jan. 9 44 94 Sept. 14 103 W* 27 % % ""% Sale 105 "68 123 J 33 M J 35 73"" 124 60 Sale % 105M 105% 104M 105 62 62 44% Sale 122 % 36 37 Sale % Sept. 54 Sept. 104% Sept. 17 10594 Sept. 104 Sept. 25 Sept. 4 105 Sept. 12 Sept. 12 122 39 Sept. Sept. 17 39 94 Sept. 20 3794 Sept. 3 122 39 10 4 18 11294 June 10094 July 10194 Jan. 3 June May 10394 May 9994 May 64 102 19 70 94 18 103 21 10794 24 10694 Apr. 30 1 7 3 1 94 Aug. 94 Jan. 6 Jan. 25 Sept.21 Feb. 14 Apr. 8 Apr. 30 % Apr. 26 Sept. 23 38 14 Apr. 26 94 Apr. 29 25 30 May 8 Apr. 30 94 June 12 94 Jan. 94 Apr. 94 Aug. 94 Feb. 10094 May 102 May 63 75 ~40" 11 94 Aug. 94 Apr. 22 1% Sale Jan. 39 109 94 Apr. 120 Feb. _% % % 120 M 124 36M 3714 5694 Mar. 15 4794 Jan. 4494 Jan. June May 2494 May 10494 May % 1% 1M 104 D % D 1948 J For footnotes, see page 30. 1994 1594 1694 894 37 94 ----- • O 1954 MN 1a Naugatuck RR 1st g 4s Newark Consol Gas 5s 7 105 "'Sept. 23 ----- coupon on Mar. 5994 Feb. 28 Aug. 7 32 94 Mar. 20 2794 Sept. 11 2894 Sept. 17 36% Sept. 20 June 2094 May 20 May 20 May 25 May 24 May 48 Aug. 1 & rets No 5 onl977 coupon May 21 1294 June 6 1 % May 24 12 94 May 21 12 94 May 21 1294 May 28 12 94 May 21 94 May 17 1294 June 11 12 94 May 21 12 94 May 22 1294 June 11 60 June 22 % Vs M % M % April 1914 April 1914 13 5694 Mar. 65 42 10117J2 66 60 102M 106 % ----- 1977 1977 warr 4 294 Apr. 24 4 7 Apr. 7 6 94 Mar 8 7 94 Apr. 294 Apr. 16 79 79 Assent warr & rets No 4 on 1957 April 1914 coupon on April 1914 coupon off 10 394 May 14 103 4 2% Jan. 2 May 21 May 21 15 894 Apr. 84 8 94 June 27M 26% 28 37 3494 34 3514 Sale 34 42 42 42% 44% 41 42% 43% 41 Sale 52M 48 % 55% 59% 53 105% 10694 105% 105% 10594 26M 26M 35 M 4 7 94 May 21 8 May 23 Sale 15% 74% 1 June 5 5 Sale 15 M 71 June 55 5 6 14 16 Sale ----- 43 Sept. Sale 15M 16M 15M 5 5 Sept. Sale 16 % Sept, Sept. 13 5 2 25 26 25 24 5 13M Sept. 594 Sept. 17 1% Sept. Sept. 6 94 Sept. 2M Sept. 194 Sept. 4 94 June 16 Sale 1594 6 52 12 M Assent Sept. 30 Jan. 20 1694 Apr. 8 5 194 June 13 % Aug. 1 3 94 May 23 3 94 June 11 3 94 May 24 194 May 17 5 7 Sept. 6 94 5 94 11 Sale 3494 Sale 15 20 14 32 Sept.26 Sept. 27 Sept. 16 4M Sept. 4 Sale Sale 26 M 23 61 3794 May 21 1594 June 19 8 May 25 82 11 21M 22 M 1M Sept. 27 1894 Jan. 17 June 24 77% Sept. 4 23 Sept. 30 1294 Sale •17% Sale 1794 Sale 17% Sale 15M ----1794 Sale 1594 70 73 Sept. 28 1 Sept. 19 1 50 14 Sale 23 2 9 21 7 M May 27 90 May 31 94 94 Feb. 55 July 10 67 Aug. 97 May 22 10594 Sept. 9% Jan. 15 30 Mar. 7M Sept. 1 y<x Sept. 7 6 10 3 17 24 94 Sale 1294 Sale 5 15M 1% 17% 15M 17 M 1594 194 Sept. 30 15% Sept. 30 5 194 1494 11M 4M 35M July 1 5M May 22 94 Mar. 28 73 694 7894 17 M 6 Sept. 20 Sept. 5 26 4 Sale Sale 13 June 21 11294 Jan. 90 Feb. 109 27 61 Sept. 19 Sept. 3 55 26 Sale 4 94 Sale Sale 50 Sale 18 73 June 19 66 56 51 2000 J J 7,000 t a New England RR cons 5s guarl945 A Cons guar 4s 1945 J 1,000 2,000 ----- A Nat RR of Mex prior lien 4 Ms— * a Assent warr & rets No 4 on .1926 A A 14 M M S Nashville Chat & St L 1st 4s A. .1978 F A Sale Sale 66 National Acme 4 Ms extended 1946 J D 2,000 1 National Dairy Prod deb 3 Ms ww '51 MN 271,000 Nat Distillers Products 3 Ms 1949 M S 143,000 National Rys of Mexico— a 4Ms Jan 1914 coupon on_1957 a 4Ms July 1914 coupon on_1957 a 4Ms July 1914 coupon off. 1957 ono 1394 2 94 14M 1394 14 94 1955 A O Ms 101,000 Constr M 4 Ms ser B 203,000 Mountain States T & T 394» 22,000 Mutual Fuel Gas 1st gu 5s 1,000 Mutual Union Tel 5s 3,000 qi 14 M 1M 1955 Gen & ref s f 5s ser D 74,000 14M J 1st s 1494 13 94 394 1494 1394 1394 _ mtge 4Ms .1960 17,000 6s debentures 1965 30,000 Montana Power 1st & ref 394S--1966 366,000 Mont Tram 1st & ref 5s series A. 1941 13,000 General & refunding 5s A 1955 6.000 Gen & ref 5s series B 1955 Gen & ref Sale Sale 8 94 Sale 15 M 70 ; * Sale 1494 1694 7M 1M Sept. Sale 78% 24 M 64 19 40-year 4s series B 1962 J Pr lien mtge 4Ms ser D -.1978 J ACum adjust 5s series A Jan 1967 A J AMissouri Pacific RR Co— Alst & refund 5s series A 1965 F A 170,000 a Certificates of deposit 3,000 AGeneral 4s 1975 M S 190,000 a 1st & ref 5s series F 1977 MN 465,000 a Certificates of deposit 77,000 A 1st & ref g 5s ser G 1978 MN 141,000 a Certificates of deposit.. 11,000 a Convertible gold 5Ms 1949 MN 119,000 a 1st ref gold 5s series H 1980 A O 112,000 a Certificates of deposit 17,000 a 1st & ref 5s series I 1981 F A 253,000 Certificates of deposit 106M Sept. 23 Sept. 1594 J 76 18 24 J Apr. 2 22 101 81M Sept 25 11 27 55% Jan. 19 Apr. 23 22 46 8694 July 12 May 21 Apr. 26 May 21 53 39 Sept. 25 61 Morris & Essex 1st gu 3 162,000 Constr M 5s ser A 57 96 10494 Sale Sale 1M 107 67 Sale a 76 6694 11 94 15 7 50 M 63 94 5 104M Aug. 31 82M Sept. 24 83M Sept.30 79 Sept. 18 60 Sept. 26 9294 6594 65 23 13,000 1,000 80 65 66M 96 Sale J 19 10294 Aug. 81 May 70 July 39 May 2794 Aug. 15M Sale M S 21 8 6M 8" 694 15 J Feb. 1594 Apr. 110M Sept. 10 111M Sept. 13 50 50M Sept. 24 Sept. 9 27 iMinn & St Louis 5s ctfe— —1934 MJV a 1st & refund gold 4s 1949 M S a Ref & ext series 5s A .1962 o F June Feb. 73 M Jan. 104 M July Sept.12 Sept. 10 Sale * D a Con ext 4Mb 1939 14,000 1947 M S 173,000 t a Mil Spar & N W 1st gu„4s J IaMUw & State Line 1st gu 3Ms 1941 J Prior lien 5s series A 86 48 111 2194 175,000 118,000 40,000 68,000 12 10 10514 Sept 55 J 28 80 M 62 22 J 3 104% 43 994 D May 78 81M Sept. 25 54% Sept. 23 30M Sept. 9 3 1M Sept. 27 91M 65 M 101M 101 24 104M Sept. 3 4 100 Sept. 30 59 M 16 13 AT S MN J J J 105M Sept. 21 Sept. Sept Sept. Sept, 82 M S J D 130,000 $*aM St P & S S M 4s stpd guar .1938 * Alst cons 5s 1938 27,000 * Alst cons 5s grd as to int.—1938 37,000 a 1st & ref 6s series A -.1946 3,000 a 25-year g 5Ms 1949 18,000 Alst ref 5 Ms series B 1978 9,000 t AMissoun-Illinois RR 5s ser A. . 1959 66,000 Mo Kan & Tex 1st g 4s 1990 186,000 Missouri-Kansas-Texas RR— Sept. 28 87 11094 *82 91 112 10594 10594 M S Aug. 8 Sept.23 Sept. 26 87 M Sept. 26 104 Aug. 12 10694 Aug. 13 106 Aug. 9 87 Sept. 30 11294 Mar. 27 87 Sept.28 96 10394 Aug. 104 M Aug. Sept. 30 87 104 % 21 5,000 3 Sept. 24 88 75 7,000 87 M Sept.26 105 % Sept.18 Sept. 9 106 103 June 88J4 40 82 40 49 ; 78 May 72 M June 83 85% 8894 19M 50 55 M 5194 112 J 9294 June 104 Sept Sept 86 48 D "Y, 600 28 27 80 "70"" Sept Sept Sept Sept 94 74 50 13 83 M 104M Sept 52 30 M 88 M 85 M 4794 85 94 15 Sept. 26 Sept. 26 91 105M Sept 81M 79 M 49 Sale 78 M Sept. 27 95 94 May 1594 Apr. Sale 104 % 104 % 98 M Sale Sale 7S 42 M 3 Sept. Sept. 24 11 52 D 1 9 9594 May 9 120M May 31 12694 Jan. 24 120 May 23 129 M Mar. 25 75 4 May 28 86 94 Apr. Jan. 2 106 June 17 110 108 June 14 111M Mar. 9 94 M May 85 % June 5 87 May 29 102 % Sept. 24 96 Sept. 23 105 103 M 95 M 10594 106M 105M 104% 94 M D J Sale 12 76 M 125% 84% 110 110M 101% Sept Sale 93 M Sept Sale 89% Sept. 91% 90 89 89 94 Sale 83 M Sept, Sale 84 87 M 103 3A 103 % 103 M Sept 103 M Sale Sale 104M Sept. 10494 106M 105 Sept 105M 106M 106 10594 106 Sale Sept. 81 87 80 94 82 110M 11094 83 Sept 87 Sale 83 85% 7 A 24,000 Stamped --16,000 5,000 ♦iMarket Street Ry 1st 7s .Apr 1940 Q J (Stpd mod) 5% ext to --1945 Q A 13,000 1955 M S 24,000 Mead Corp 1st mtge 4 Ms 19,000 Metropolitan Edison 4 Ms ser D.1968 2,000 Met Water, Sewer & Drain 5MS-1950 *t iMet West Side Elev (Chic) 4s 1938 1977 ~Y,6o6 a Mex Internat 1st 4sasstd a Miag Mill Mach 1st s f g 7s...1956 Michigan Central KK— Jack L& S gold 3Ms 1951 1st gold 3 Ms 1952 11,000 Ref & Imp 4 Ms series C 1979 14,000 246,000 Michigan Consol Gas 1st M 4s. .1963 7,000 J*a Midland of N J 1st ext 5s—1940 t Milwaukee & Northern RR— * a 1st ext 4 Ms 1939 2,000 Sale 11094 75 M J J 2s 4s 10994 J 4 94s series A1960 Manati Sugar 4s s f Feb 1 1957 MN A O %k Manhattan Ry (N Y) con g4sl990 Gen mtge / 10094 92 M Sale 86 M Sale 81M 83 O A A 125 M 83 94 Sale Sale Sale Prices 89 Sept. 4 95 Sept. 7 123 % Sept. 23 1 Highest Sale Prices Jan. 10 Sale Prices 95 92% Sept.14 93 M Sept.12 95 % Sale 127 M 123 M 123% 123 % Sept.16 125% Sept. 18 126 Sale 83 Sale Sept. 14 84 Sale 109 Sept. 6 10994 109 M Sale 112 110M Sept. 26 112 110M Sale 94 M 93 M S*lle 123 M 127 1259* 127 M Lowest Highest Sale Prices Ask Ask Bid 94 M 94 M J M S J McCrory Stores Corp deb 3 94s--1955 1: a McKesson & Robbins deb 5 94sl950 MN Maine Central RR 4s series A—1945 J D 2,000 Bid Ask Lowest Sept. 30 Sept. 3 Bid Long Island unified 4s— -1949 Guar ref gold 4s 1949 155,000 4s stamped1949 100,000 -1944 28,000 Lorillard (P) Co deb 7s. 5s debenture 1951 4,000 144,000 Louisiana & Ark 1st 5s series A. -1969 1966 7,000 Louisville Gas & Elec 3 94s 1945 2,000 Lou & Jeff Bridge gu g 4s Louisville & Nashville RR— 1st & ref 5s series B 2003 92,000 1st & ref 4%s series C 2003 241,000 1st & ref 4s ser D 2003 62,000 1st & ref 3 94s series E —2003 239,000 Unif mtge ext 394s series A—1950 67,000 Unif mtge ext 4s series B 1960 39,000 Paducah & Mem Div 4s 1946 19,000 St Louis Div 2d gold 3s 1980 19,000 Mob & Montg 1st g 4 His 1945 South Ry joint Monon 4s 1952 86",666 Atl Knox & Cin div g 4s -,,-1955 8,000 RANGE SINCE JAN. PRICES IN SEPTEMBER Price BONDS September 119 36 94 June 29 23 9 15 10594 Apr. 8 14 10594 May Jan. 11 71 June 19 June Jan. 3194 May 24 124 94 Jan. 4394 Apr. 4394 May 31 13 7 P Jan. 2, New 45 10 12 34 31 91 12 1 69 England T & T 30-yr 5s A.1952 1961 1986 1960 1st g 4Ms series B N J Junction RR gu 1st 4s N J Pow & Light 1st 4Hs 1956 list 4 Ms series D ACertificates of deposit ilst 5 Ms series A ACertificates of deposit 1956 New York Central 105 J 67 Sale 29 M 68M 34 M 34M 37 28 "A 32 M Sale O 37M J "40"" 167"" NYO&H R g mtge 3 Debenture 4s of 1912 30" 20 33M 30 33 35 28 30M 32 36 38 Sale 59 Sale 63 Sale Sale 82 Sale 88 Sale Sale 54 M Sale 57 M Sale A O Sale 64 % Sale 59 M 60 Sale 61 Sale 62 M Sale Sale 1998 1998 F A 59 Sale 83 93 M Sale 86 81 Sale 78M J 58 M Sale 62 60 54 Sale 58 M 59 Sale 70M 58 M N Y Dock 1st 18, 1947 extended to 3-year 6% notes N Y Connecting 1st gu 1st gtd 5s series B 1941 4M8 A..1953 Convertible 5% notes IT* ft* 105 M 1953 —.1951 1947 gold 4s. Sale 65 68 Sale II* Sale 83 H 77 Sale 105M 107 52 Sale 49 H Sale 88M Sale 59 Sale 86M 88 M 90 80 M Sale 106M Sale 108 48 "49" 47M 96 M 86 106 M 107 M 50 M 54 I09M 1965 109 Sale 108 H 108 M 7, 3 Ms series E—1966 N Y & Erie—See Erie RR. 109 Sale 109 110M 110M 2 N Y Gas El Lt Ht & Pow 5s... N Y Edison 3 Ms series D 1st lien & 29, 1 80 4 rer ST Y & Harlem g3Ms N Y Lack & Western 4s ser t aN Y New Haven & 12, "3" 11, 34, 7, 71, 183, 2, 1, 13, 143, 59, 8, 56, 28, 50, 32, 1947 3 Ms... 1947 3 Ms— 1954 1955 4s .1956 4s A A J 4s AGeneral 4s CaN Y Prov & Boston gen 4s... .- 4, 10, 91, 22, 4, 35, 9, 10, 24, 14, 164, 272, 12, 70, 101, 49, 15 17| Sale Sale 17 % Sale Sale 28 Sale D 17 Sale 18 Sale MN 68 Sale 65 74 O S J J J F A F A MN 105 9 5M 5 H 38M J D 80 j J Sale 9M 6M MN F A A O 50 M 109 Sale 110 106M 16 M 4M 42 52 86 88M 4 M 109 110M 108 M 109M 103 M 103 M 12 M Sale 4£ 57 110M Sale 18 9M 59 Sale 77 93 85 Sale 3M 4M 109M 110M 109 102 11M 11M 68 M 123 122M F A 106 106M F A Sale 106M 103 M Sale 13 70 125 105 M A 105M 106M Sale F 105M 117 M S 3M 15M 4M 4M Sale 2 Sale 54 Sale Sept. 93M Sept. 60M Sept. 54 Sept. 3 3 4 3 Sept. 23 Sept. 30 59M Sept.24 65M Sept. 24 64M Sept.23 85M Sept. 24 96M Sept. 24 66 Sept. 24 59 Sept. 24 Sept. 12 Sept. 12 71 Sept. 9 87 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 27 90 9 87 60 3 107 M Sept. 25 Sept. 23 Sept. 5 Sept. 4 Sept. 25 Sept.11 30 108 Vs Sept. 17 4 54 M Sept. 4 27 54M Sept. 6 Sept.26 Sept.11 4 110M 12 109M 123M Sept.27 124M Sept. 4 116M Sept. 4 117 Sept.20 15 Sept.19 15 Sept. 19 51M Sept. 19 58 Sept. 5 54M Sept. 30 60 Sept. 21 14M Sept. 3' Sept. 9, 12M Sept. 13! 14M Sept. 28! 14 Sept. 9 13Vs Sept. 18 16M Sept. 3 27M Sept. 3 3M Sept. 27 16M Sept. 11 65 Sept. 12 4M Sept. 12 2 Sept. 30 15H Sept.26 14 Sept. 9 Sept. 5 15M Sept. 26 15M Sept.23 15M Sept. 5 18M Sept. 29 Sept. 4M Sept. 18M Sept. 69 Sept; 23 5Vs Sept. 12 2M Sept. 20 14 105M 106 M 105 M Sale 105 50M Sept. Sept. 109 110M 108M!}$?M 108M 7 110M 81 65 88 16 85 M 105M 105M 105M 9 83 O 3 80 110 A 5 2 J M S 4M 4M J M S (stamped cancel¬ guarantee) 1945 ACertificates of deposit Northern Pacific prior lien 4s__1997 Gen & lien ry & Id gt 3s_.Jan 2047 Ref & impt 4M8 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 4M8 extended. 1944 Sale 17 M 27 M 3 H A.. 1974 1974 1945 10M 15M Sale MN {Northern Ohio Ry— Alst gtd g 5s 19 Sale 14M M 57M Sept. 9 Sept. 3 52M Sept. 12 585A Sept. 12 58M Sept.10 72 15 15 J 36M Sept. Sept. 34 92 15 1941 *t ANorfolk & South 1st g 5s. _ Norfolk & West Ry 1st con g 4s. 1996 1949 North Amer Co deb 3Ms 1954 Debenture 3Ms... 1959 Debenture 4s 1 25 M 15 Sale 105A 105 Sept. 3 54M Sept.25 9 110M Sept.20 4 105M 107 107M 106M Sept. 18 19M 21M Sept. 9M 4M 8 7M Sept. 9M 55 M 53 53 Sept. 110M Sept. 110M Sale 93 M Sale 80M Sept. 92 M 93 M 83M Sept. 4 4M Sale Sept. 109M Sept. 110M 109 i09M 109M Sept. 102 M Sale 102M Sept. 11M Sept. 11M 12M 13 11M 11h Sept. 73 67 U 68M Sept. Sale 124 126 sept. 106M 106M 105M Sept. 104M 105M 105M Sept. 106 M Sale 106M Sept. Sept. 16 107M Sept. 19 19M Sept. 5 8 107 Sept. 24 Sept. 5 Sept. 6 SepU 18 Sept.19 Sept. 7 Sept.12 Sept. 13 Sept.13 Sept. 6 Sept. 6 Srpt. 7 Sept.26 Sept. 4 Sept. 4 Sept.11 67 Sept.30 55 111M 90M 94 M 5M 109M 109M 103 13 13 70M 126M 106M 105M 115M 119M 115M 108 109M 107M 108 ----- A O 64 A 0 35 68 67 Sale 67 Sept.30 67M 43H 49h 62M 54M 54M Sept. Sept. Sept. Sept. Sept. Sept. Sept. 1st mtge g 5s — AOgden & Lake Ch 1st guar g 4sl948 Connecting Ry 1st 4s 1943 Ohio 60", 60 Sale J Sept.27 Sept. 5 88 Sale ACertificates of deposit- — 664", 56 M 14M 1963 J X* aN Y Susq & West 1st ref g 5s. 1937 * 1937 a Second gold 4 Ms 1940 ♦AGeneral gold 5s 1943 ATcrminal 1st gold 5s 1967 NT Y Tel ref 3 Ms series B 1946 N Y Trap Rock 1st s f g 6s 1946 6s stamped ------t*AN Y Westches & Bos 1st 4Ms 194:6 1966 Niagara Falls Power 3Ms -— Niag Lock & Ont Pow 1st 5s A.. 1955 Niagara Share (Mo) deb 5Ms._ 1950 ANorfolk South 1st & ref 5s A. 1961 17 Sale 73 M 14 J 32 M Sept. 24 Sept. 5 Sept. 9 Sept. 24 Sept. 3 Sept. 23 Sept. 11 Sept. 16 Sept. 10 Sept. 24 Sept.12 102 60 O 4s.. 1993 A O & Pr 3 Ms., 1965 MN 109M Corp— 1958 J J 106M 108M Prior lien 6s stamped 1951 MN 104M 106 Y & Rich Gas 1st 6s A 3 Ms 54M 90 s/ 72 O ST Y & Queens EI Lt tfew York Railways New York Steam Corp 13 M 100 88 Sale 1955 J D 1942 A O lation of 292, 251, 914, 175, 239, 68, Sale 14M 13 M ^ Y & Putnam 1st con guar a 15 102 25 M 1957 MN — of 1927.... .1967 t AHarlem R & Pt Ches 1st 4s. 1954 1992 CaN Y Ont & West 1st g 4s 1st & ref 4M8 ser North Cent gen & ref 5s ser Gen & ref 4 Ms series A 6, 98 M 52 Sale 13 M 13 M .1940 A •ACollateral trust 6s a 123 ----- 116M 116M 78 MN AConvertible debenture 3 Ms.. 1956 J 1948 J ACon vertible debenture 6s 33 82 66M Sale 55M Sale 84M 90 88M Sale 80M Sale 106M Sale 107M 51% 48M 50 M 50M 110M 108M 109M 65 J\ ANon-conv debenture a Debenture 12M 84 M Sale 65 M 51 M S ANon-conv debenture ~8" 123, 11M 13M 100M 102 53 M Sale J 1943 J 4s___. 1941 M S ANon-conv debenture 52, 123M 116 Hartford— ANon-conv debenture 50 9, MN ANon-conv debenture 4s 2 32" 2000 MN -- A.. 1973 125M Sale A 1973 MN Guar 4Ms series B iNYLE&W Coal & RR 5Ms .1942 MN 79 38, 229, 73, 38, 146, 22, 97, 21, D 5s.. 1946 MN *aN Y & Greenwood Lake ADock & impt 1st 5s N Y & Long Branch gen 24 1948 J 4s. .1949 F Purchase money coll tr g 31 29M 33 M 31 Sale 79M 105M 65M 30 33 61 J 105 Sept. 32M Sept. 34 74 h 55 60 M A 61 30 35 O F Sept. 72 M Sept. 32M Sept. 30M Sept. Sale O & St Louis— Refunding 5 Ms series A 1974 A O Refunding 4 Ms series C 1978 M S 4s collateral trust. 1946 F A 1st mtge 3 Ms 18 A 1942 Lake 8hore coll g 3M8 Mich Cent coll g 3 Ms 15 "33 M A Ms-—-1997 107 33 A MN 3 128M Sept. 28 107 107 New York Chicago ,253 32 31 38 30 1998 F 1946 Sept. 106M 107 40 A 126M Highest Sale Prices I Sale Prices 126 Sept.27 127M Sept. 5 127 M 128M 126M 70 61M 30 35 Ji Sale J 2013 2013 1952 Ref & impt 5s series C._ 48 P A 1945 Conv secured 3 Ms 207 F 126 Ask 106M Sept. 70 Sale i 69 70 Sept. Sale ' 60 59 59 60M Sept. 104 M Sale 104M Sept. 104M 105 Sept. 104M 105M 104 M 104M 104 65 Sale 64 69 71 Sept. 29 29 31 Sale 25M Sept. 20 30M 29M Sept. 30M 29M 32 Sale 32 30 32 M Sept. RR— 10-year 3 Ms secured s f Rer & impt 4 Ms series A 409 77 It* 52 M 105 106 126M 126M Sale 70 61M 1Q6M 107 Lowest Sept. 30 Ask Bid 17M Consol 48 series A ,263 ,180 49 69 1954 Npt & Cin B gen gu g 4Ms 230 28, "70" Bid ACertificates of deposit ilst mtge gold 5s series O ACertificates of deposit 2 85 129 M __ 89 991 127 125 M 107M Sale 1954 A O iPirst 5s series B 6 324 Ask A guar__1953 {♦aN O Tex & Mex income 5s..1935 ACertificates of deposit 5 328 F New Orleans Term 1st 4s 6 222 D MN New Orleans Great Nor 5s ser A.1983 N O & N'eastern ref 4Mb ser A.1952 New OrleansP S 1st & ref 5s A..1952 1st & ref 5s series B 1955 11 513 J Sept. 3 1940 Bid 12 PRICES IN SEPTEMBER Price BONDS N. Y. STOCK EXCHANGE 32 EXCHANGE—BONDS N. Y. STOCK 1940] Ohio Edison 1st mtge 4s 1965 68 M Sale 42 Sale 46 M 57 M Sale Sale 49 49 Sale Sale 109 M 95 Sale 43 M 50 49 35 49 Sale Sale 74 44 Sale Sale Sale Sale Sale 55 Sale 59 M 109 Sale 110M 6 Sale 53 M 66 M 63 M 54 M 58 Vs Sale Sale Sale Sale Sale 6M 4M Sept. 26 4 108M 107 M Sale 4s 3 Ms 1967 1972 108M Sale 106 M 106 H 108M 109 Oklahoma Gas & Elec 3 Ms 1966 1946 1943 1945 110 Sale 109 110 106 Sale 105 M 107.9 108 100M 103M 102 M Sale 98 Sale 100M 117M 1st mtge 1st mtge 4s debentures— Ontario Power N F 1st 5s Ontario Transmission 1st 5s Oregon RR & Nav con g 4s Oregon Short Line 1st con g 5s.. 1st guar cons 5s stamped Ore-Wash RR & Nav 1st & ref 4s Otis Steel 1st mtge 4Ms A 1946 1946 1946 1961 1962 icific Coast Co 1st g 5s tcific Gas & El 4s series G 1946 1964 1st & ref mtge 3 Ms series 1st & ref mtge 3 Ms series H..1961 I...1966 For footnotes see page 30. 105M 117m 110M Sale 116 117 105 M 118 % Sale 76M Sale 59 Sale 113 Sale 112M Sale 108M 109M 67 M Sept. 24 Sept.30 Sept. 25 110M Sept.25 59 M 59 M 6 Sept. 5 108 M 108 M 107 M 109 109 109 Sale Sale 109 74 M Sept.30 45 M Sept.23 53 % Sept.23 101 90 7M 108 M 108 M 35 68 % 35 110 109 109M 109M 105 H Sale Sale hom 110M 111 117M Sale 116M 117M 115 117M 117 107 106 105 M Sale 76 M Sale Sale 107M Sept. 109 Sept. 108M Sept. 109M Sept. 105M Sept. 101 Sept. 98 Sept. 110M Sept. 115M Sept. 115M Sept. 105 Sept. 68M Sept. 108 % 110 109M 110 105 M 102M 100 % Sept. 24 Sept. 20 Sept. 26 Sept. 21 Sept. 30 Sept.30 Sept. 27 111 Sept. 6 117M Sept.23 117 M Sept.26 106M Sept. 23 78 Sept. 24 57 55 60 Sept. 20 58M Sept.24 57 70 113M 142M Sept. 12 113M Sept. 23 112M H2M 113 111M Sept. 4112M Sept.26 111M Sale 111M Sale 109M Sept. 27 111 110 Sept. 5 110M 109 M Sale Sales in 8 "8 BONDS September Value N. Y. STOCK 2,000 *iPacific RR of Mo 1st ext 4s._1938 *i2d extended gold 5s.----1938 4~O~666 Pacific Tel & Tel 3 34 s series B..1966 8,0o0 Ref mtge 3 34s series 0___ —1966 Paducah & Illinois 1st s f 434S--1955 24:600 Panhandle Eastern Pipe L 4s A -1952 Paramount Broadway Corp— 43,000 1st mtge s f g 3s loan ctfs 1955 Inc— 104,000 3 Me, conv debenture— 1947 13,000 Parmelee Trans conv deb 6s 1944 Paterson & Passaic G & E 5s—1949 "3,666 iPaulista Ry 1st & ref 7s ser A__1942 Paramount Pictures 75 A 41M M S 67 H _ . 138.000 110,000 1st & ref 97 M 94 —----1981 Pennsylvania Power & Lt 3Hs--1969 4 Ms debentures 1974 -- - —1949 f 43.1937 107% 109 107 H 101M 108 of deposit 544,000 Phillips Petroleum conv 3s—---1948 44,000 Pitts Coke & Iron conv 4Ms A.. 1952 Sale 87 H POO&StLg 4Mb series Con 4Hs series B guar g Con 4Mb series C guar g Con 4s series D guar g-_ "2:660 Con 3 Mb series E guar g Con 4s series F guar g "e'.ooo Con 48 series G guar g 4,000 Con 4s series H guar g 40,000 Con 4Mb Con 4Mb 32,666 Gen guar 59,000 110,000 General g 5s series General 4Hs series Sale 1,283:600 136,000 391,000 52,000 96 H A J D 105 MN 10834 109 % F 108 A F A 116 3TS A O J J M 5 J J 108 "4534 43 44 H 44 H Sale Sale 106 11034 80 M 106 H Sale Sale 62 H J 61H J 80 MN 1734 434 Sale Sale Sale Sale 104 10034 101 J J A O J J 55 94 73 H 3 73 99 M S Sale J 3 J J j" 3 MN MN F A A O M S J 3 77 M H Sale 99 H 100 % 22* 95 Sale 107 H 95 M Sale Sale 100 H 10034 ny12H 13 H 19 H 13 H 13 M 13 M 108 Sale 102 34 105 8H 12* 49 40 28* Sale 12 H M S M .S Sept. 30 Sept. 30 Sept.30 634 Sept. 6 110H May May 111 Aug. 43 43 H Aug. 334 May 8 Sept. 24 3 May Sept. 24 May 29 116 24 1,7* 26 30 70* 106 34 Jan. Sept. 25 Sept. 24 Sept. 23r~ Jan. 22 Sept. 30 July 31 8 Aug. Feb. 19 24 11034 July 20 73 H Sept. 24 21 5134 May 27 June 45 62 3 Sept. 19- May 28 64 H May 28 111 H 10834 Sept. 16 11034 Aug. 31 115 112 45 - 107 June 10 106 Sept. 24^-— Jan. Sept. 11 Jan. 3 May 18 Sale 7 22 12 24 21 21 23 9 8 10034 Aug. 105H Aug. 103 Jan. 5 108 Feb. 28 107 H Sept. Mar. 109 108 H Feb. Jan. 112 28 110 2 19 10434 May Aug. 10934 July Feb. 108 Sept. 25 25 111 Sept. 3 110 18 11934 Sept. 24 10 Mar. 26 10434 May 31 108?* May May 28 10634 Aug. 100 June 3 11134 Mar. 108 1834 Sept. 24 934 May 21 5 Sept. 21 234 May 21 834 Feb. 24 SM May 21 Sept. 4 Sept. 23 23 Sept.13 112H Feb. 5 103 May 93 H May 28 101 27 Sept. 25 12 106 19 10734 Sept. 10 11 110 Sept. 24 4 108 M July 105 May 111 Jtily 11434 June 9934 May 11934 Sept. 24 Sept. 25 Aug. 8 110 115 118 May 108H Jan. 108 Sept. 23 Sept. 24 9934 June 92 June 102 108H Aug. 19 6134 Sept. 30 108H Aug. 40 May 40 40 May May 102 9 10 June Si* 62 Sept. 30 Sept. 30 23 Sept. 23 10634 Apr. 117 11034 Mar. Sept. 3 7234 Sept. 11 10634 Sept. 5 100 Sale Sept. 9 9034 97 100 Sept. 4 100 90 9034 90 34 Sept. 7 109H 10834 Sept. 11 10834 83 90 8734 Sept. 334 7134 Sale 7034 Sale 106J4 106 H 10634 94 H 97 98 91H 90 H 98 94 H 90H 107 H 80 H 9034 I68H 108H 84 8734 234 434 1H " 7034 10634 9734 9034 107 104 H Sale" Sale 56 7034 Sale Sept. Sept. Sept. 5 Sept. 24 Sept. 10 Sept. 25 Sept. 3 Sale Sept. 6834 Sept. 70 Sept. 99 Sept. 61H 7534 7534 10034 100 99 Sept. 100 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 10134 10634 10234 10334 Sept. 26 Sept. 6 Sept. 24 Sept. 13 104 10434 104 6034 7434 Sale 106 63 Sale Sale 109 56 Sale Sale Sale 9934 10534 9934 10234 8134 June 141 91 161100 58 H •Ian. 27 24 23 6 25 5 2? Sept. 24 Aug. 9 Sept. 25 Aug. 2 91 8134 June 13 11034 Mar. 30 10634 June Jan. 8734 Sept. 27 79 Jan. 5 6334 Mar. 16 Apr. 19 May May 113 150 May 13 214 Snpt. 226 May 106 May no 34 May 8 Mar. 27 105 108 140 9934 June 3 61H Sept.27 7534 Sept. 24 11 75H Sept. 23 Feb 26 8934 June 11 102 90 June 10 10034 Feb. 19 50 May 23 22 60 H May 62 H June 9034 June May 103 92 Jan. 9834 June 10134 Sept. 26 109 Mar. 25 102H Sept. 24 6 103 34 May 29 83 17 ----- 18 ... 16 18 18 9 30 Sale 834 30 26H 734 ... Sept. Sept. Sept. Sept. Sept. Sept. 5 1834 Sept. 27 1734 Sept. 23 21 Sept. 27 10734 Sept. 25 16 12 36 Sale 7 34 30 Sept. 2234 Sept. 734 Sept. 30 27 8 Sept. 10 Sept. 26 Sept. 5 .Tan. 30 Feb. 14 May 20 June 24 15 9 734 10,100 26 1534 1534 19 1734 27 H 10634 10734 10634 Sale 10D*32l0234 23 8134 Jan, 20 107 H Feb. Jan. 10034 10134 Sale 102H 10334 10334 Sale 22 23H 2334 2334 2634 9 Jan. 59 334 Feb. 11234 14734 21534 11034 10434 iio"34 73 H Sale 9934 Sale 99 H Sale 95 H 10034 95H 101 9934 Sale 12H 1434 1434 12H 14H 106 H 11 25 1 11 27 64H Aug. 104 6334 Mar. 110 7034 9934 9934 100 6 6 24 66 54 34 106 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Jan. 19H June 27 5 1734 July 1534 Jan. 12H May 13 May 14 H Feb. 103 H May 10134 Aug. 834 June 30 Sm>t. 10 May 5H May 20 20 June 27 17 H Sept. 23 21 Sept. 27 109 Jan. 105 Jan. 9 19 10H Jan. 20 40 Mar. 11 34 Apr. Apr. 123 5 8 120 M S M S 105 ~ ,07* 7 9_ O 1949 1941 J J 8 3 J 8 A O 10934 10934 10934 10934 109 10934 10934 Sept. 9 10934 Sept. 9 109 Sept. 24 10834 Sept. 24 109 108H 7 7 Sept. 5 Sept. 5 6H 7 21 Sept. 10 1734 Sept. 10 21 6 7 4H 6 6 7 634 Sept. 6 434 534 634 Sept. 6 ----- 109 H M ,S 1948 A 11,000 Saguenay Pow Ltd 1st M 434s.-1966 4,000 St Jos & Grand Island 1st g 4s. 1947 St Lawr & Adirondack 1st g 5s.. 1996 2d gold 6s 1996 Sale 96 H __|ARima Steel s f 7s —1955 2,000 t*ARio Grande June 1st guar 5s 1939 33,006 I*ARio Grande Western 1st g 431939 35,600| Alst con & coll tr 4s series A.. 1949 D..1977 Gen mtge 3 Mb series H 1967 Gen mtge 3 He series 1 1967 1,000 Gen mtge 3 Ms series J 1969 2,000 4,000 *1 ARock Is Ark & Louis 1st 4Mb 1934 149 103 34 104 M S MN 92 H 81 May 21 3 12034 11534 June 94 34 May 21 104 H 10034 May 21 110H 79 May 28 9234 89 34 May 22 100 83 May 22 9934 88 June~II 10634 Sept. 5 10834 Sept. 24 Sept. 23 10634 Sept. 3 108 10734 110 Sale Sept. 24 Sept.12 102 100'8 100H 10034 10134 100 108 34 108 H 5434 Sept. 14 6134 Sept. 30 54 "56H 6134 Sale 54H Sept. 9 6134 Sept.30 55 H 6134 Sale 54 Sale Sept. 30 62 5434 Sept. 9 62 55 H Sale 10334 102H 117 Sept. 23 11734 Sept. 23 117 111 107"" 10834 109 5s—19^8 MN Sept Sale 4s—1951 A Sept 223 109 F 103 100 100H Sale 10534 Sept. 105H 107 H 106 10734 Sept. 107H 108 107% 11034 111H 110% 110 110 Sept. 110 10834 108 % Sale 111 111 Sept. 110 110 Sept. 105 Sale 110 119 11634 Sept. 11534 117 68 219 MN 4H 434 4H 4M Sept. 11034 11234 11134 11234 112 14734 153 147 153 14734 Sept. 214 Sept. 21534 212H 1968 Mar. 27 Sept. 30 1834 Sept. 5 Sept. 434 Sept. Sept. 13 10734 Sept. 4 101 Sept. 25 Mar. 25 Sept. 24 Sept. 23 4 1434 Sept 3 3 Sept, 6 434 Sept, 4 Sept 23 Sale Jan. 7 115 48 5 ~1U% O J 16 Sept. 30 Sept. 6 9 May Apr. 19 6 115 Sept. 23 13 9234 Sept. 24 3 100 Sept. 25 48 21 102 H Feb. 10 Apr. 27 23 106 24 10734 Mar. 28 6 10634 Apr. 24 May 5 21 105 June 111 10 110 3 20 11034 June 12 92 34 Sept. 24 5 12034 Sept. 26 13 10434 Sept. 24 110 M 146 D Rochester Gas & El 4Hs ser 4% 60 A 4Hs series A 1997 Gen & ref 4Hs series B 1997 Remington Rand deb 4Mb w w_X956 4Mb without warrants 1956 Rensselaer & Saratoga 1st gu 6s. 1941 Republic Steel Corp 4 Hs ser B__i96l Purch money 1st 534s conv._ 1954 Gen mtge 4Hs series C 1956 Revere Copper & Brass 1st 4348-1956 ARheinelbe Union s f g 7s 1946 a3 Ms assented 1946 ARhine-Ruhr Wat Serv 6s 1953 64 H 84 Vs 334 J For footnotes, see page 30. - Sale 109 J 6 6 4 90 H 3 J J 4534 4534 17 10734 Sept. 17 3 114 Sept. 17 13 11334 Sept. 10 9 9934 lb-88 11 11334 7 11734 Feb. 9834 106 J Gen & ref 107 H 108 M 103 H 108 99 95 J 116 28 10834 Sept. 115 115 2637 _ Sale 97 8534 11234 Sale 9934 100 98 105 deb 4s gu—1957 "1.600 jARutland RR 4Hs stpd •Sale 48 l07" 108 M 109 H 1953 1957 3,000 AKuhr Chemical 6s t a Rutland-Canadian 4s stpd Sale 46 4 102 M 103 M 107 M 109 F 1,000 ARhine-West Elec Power 7s 1950 9,000 a Direct mortgage gold 6s 1952 9,006 ACons mtge 6s_1953 7,000 ACons mtge 6s. 1955 19,000,Richfield Oil 4s conv deb 1952 Richmond Term Ry 1st guar 5s_l952 " 9734 Sale Sale 3 lion 110 I a Providence Terminal 1st 4s—1956 M S J Public Service El & Gas 3 Ms—1968 J J 1st & ref mtge 5s 2037 J 80.0001 237,000 29,000 89 Sale Sale U0M 111H 1534 Sale 12H 3h 7M e% MN 410,000 Portland General Electrtc 4H8--1960 4,000 1st. 5s extended to 1950 18,000 t APorto Rican Am Tobac conv 6SI942 21,000 ACertificates of deposit 24,006 a6s stamped 1942 36,000 ACertificates of deposit 1,000 Potomac Elec Power 1st M 3 348-1966 70,606 Pressed Steel Car deb 5s 1951 334.000, Sale Sale O MN 1977 g Sale 110H 11H 3M < Sale 48 634 Sale 106 90 119H 10234 109H 10834 Sale Sept. Sept, Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept, Sept, Sept, Sept, Sept, Sept, 21 10734 Sept.21 107 % 11034 10734 31034 10734 9 69 7334 Sept. 24 Sept, 7234 Sale 68 H 70 62 Sept. 19 62 5934 Sept, 12 60 34 60 M Sale 9 64 34 Sept. 24 60 Sept, 63 H Sale Sale 62 10834 Sept, 21 10934 Sept. 5 108H Sale 108 H 10934 109 10934 10834 Sept, 16 10934 Sept. 21 109 H 10 11234 Sept. 10 112 118 H 11534 11834 11234 Sept 5 10834 Sept. 21 10734 Sept 107 M 108 H 10834 110 5 107 Sept. 26 10634 Sept 106H 109 106 H 107 30 10634 Sept. Sale 7 10634 Sept 10634 106 % Sale 6 11134 Sept. 30 111 Sept 11134 Sale 106 M 107 106 M 1st guar 4s_-.-1943 MN 77:606 Pitts & West Va 1st 4Mb ser A. 195s J D 100,000 1st mtge 4Mb series B 1959 188,000 1st mtge 4Mb series O ---I960 Pitts Y & Ash 1st gen 4s ser A..1948 1st gen 5s series B 16:606 -1962 1st gen 5s series C 1974 1st 4Mb series D 1977 53,OOo' Read Co Jersey Cen coll Sale 109 H 110 110H 115 A 1960 1963 1964 1970 1975 7,000 1,000 1st & ref mtge 8s 6,000 45,000 Pub Serv of Nor 111 3 3^s 14.000 Purity Bakeries Corp s f g Sale Sale 59 H lift H Pitts Va & Char 1 AProvidence Secur 113 9H 110 M 58 O A 1949 C.-_ Sale 98 11634 45H 43H 10734 10734 113 113 Sale Sale 65 J Sale 9134 12034 103 H 109H 92 H 9934 99% 87 H 11334 117H Sale 85 H 11334 Sale 97 % 97 H 7 M 106 H M S 1945 B 96 Sale Sale Sale 115H Sale 115 116H 69 M Sale M S A—-1940 1942 1942 series I g series J guar 5s series A Sale 96 H 95 M 85 34 I15" 6 ACertificates 72,000 8,000 " J 11394 Sale 90 % Sale 11734 103% Sale 10834 Sale Sale 113 6 6 Sept. 5 110 Mar. 15 * 72 96 May 21 103 34 1 101 97 34 Feb. 104 34 May 22 11034 100 May 22 10934 10734 Sept.17 109 H 3 10334 Sept.30 6 101 Sept. 6 Sept. 101 Sale" 10934 Sept. 107H 107% Sale 113 Sale M S 10234 Sept. 110 Aug. July May June May Sept. 104 101 Sale 47 May 23 126 Sale ----- 103 % Sale _ June 13 Sept. 24 Apr. 2 92 6 5634 Sept. 24 5634 Sept. 24 Sale Sale Sale 1C9H 114H Sale 36 46 105 105 109 Sale June 10034 10534 9 10534 Sept. 25 102 99M 10434 Sept. 10 10634 Sept. 30 99 10336 Sept. 3 10534 Sept. 5 10034 Sale 99 Sale June 11 76 5634 Sept. 24 60 \ 101 Sale 118 r ----- 109 Vs ~ AConvertible deb 6s APhilippine Ry lst30-yrs 55 "60"" 10334 Sale 1135883 40 Sept. 24 Sept. 26 121 105M 104 106 10394 105H 10634 100 113 3 53 45 53 108 M 108 MN 8,000 Penn RR consoi gold 4s —1943 MN 24,000 Consol gold 4s 1948 MN 65,000 Stamped dollar bonds 1948 208.000 Gen mtge 3 Mb series C_ 1970 A-, o FA 34,000 Consol 4Mb issue of 1915 1960 J D 366,000 General 4 Hs series A 1965 J D 169,000 General 5s series B—— 1968 AO 435,000 Debenture gold 4 H8---. - - - -1970 AO 304,000 General 1Mb series D__ —---1981 3 J 107,000 Gen mtge 4 Ms series E 1984 A O 505,000 Conv deb 3 J*s.------1952 A O 18,000 Peoples Gas & Coke 1st 6s 1943 M S 65,000 Refunding gold 5s- -- -- -- -- --1947 220,000 t*APeoria & East 1st stmp 4s-_1940 A O 141,000 ^Certificates of deposit Apr 22,000 iTncome 4s (flat)—-__-----1990 1,000 Peoria & Pekin Un 1st 5Ms A__1974 F A 272,000 Pere Marquette 1st 5s series A--1956 J J 3 J 101,000 1st 4s series B 1956 M S 376,000 1st g 4 Hs series C 1980 115,000 Phelps Dodge conv 3 Ms deb- _ -1952 J D 11,000 Phila Bait & Wash 1st g 4s 1943 MN 1,000 General 5s series B_-_1974 F A 18,000 General g 4Mb series O 1977 J D J 14,000 General 4Hs series D 1981 D 138,000 Phila Co secured gold 5s 1967 M S 26,000 Phila Electric 1st & ref 3 Hf 1967 408,000 JiPhila & Read O & I rer 5s—1973 J J 409,000 21,000 1,000 10034 10534 Sale 103 Sept. 20 92 89 42 122 5134 Sale 50 4634 Sept. Sale 1 51M May 3 Sale 91M, 89 May 21 11034 May 4 May 21 112 Apr. 19 8 103 H Aug. 22 Apr 12 105 Apr. 15 Jan 10334 104 H 102 M 10334 Sept. 5 Sept. 19 49 Sale 1 99 ----- Detroit RR— gold 4Mb series A—. 1977 4^s series B- 88 H 40 102 M 10434 10534 106 104H 10434 Penn Ohio & 65,000 1,000 46 M 125 124 Pennsylvania Co— F A Guar 3 Ms coll tr ctfs ser B—.1941 J D Guar g 3 Ma tr ctfs ser O1942 J D 4,000 Guar g 3 Ms tr ctfs ser D.----1944 MN 23,000 40-year guar tr ctfs 4s ser E..1952 F A 127,000 2S-year 4s ---1963 74 84 H 44 83 34 O M S June 10 Mar. 8| 71 50 48 M M S A Sept. 24 74 7334 Sept. 23 Sale Prices 85 May 6 75 Jan. 24 Sale Prices Sale Prices Sale Prices Ask 75 60 M 109H 109 M U0M 110 M 10134 104 H 105 M S F 80 1 Highest Lowest Highest | 80 75 10934 110H 10934 Sept. 10 10934 Sept. 6 10934 110 11034 Sept. 10 11134 Sept. 5 111 111M 111H Sale 101H 101H 104 Sept. 4 10434 Sept. 16 104 10434 103H 104 80 68 Ask Bid 62 75 Bid Ask Bid Lowest Sept. 30 Sept. 3 1940 EXCHANGE RANGE SINCE JAN. PRICES IN SEPTEMBER Price Jan. 2, $ " EXCHANGE-BONDS N. Y. STOCK 28 im ----- "13" * 97 ----- 9M Sale J 3 3 .7 94 A O 80 109H 82 9134 108H HI 52 70 50 65 ----- 2I 88 85 Sept. 8934 10834 111 10934 Sept. 35 70 35 65 88 110 Sept. 23 Sept. 25 10834 Jan. 8 111" Jan. 29 May 22 11034 Apr. 18 934 Feb. 21 5 May 24 Mar. 7 Mar. 7 21 21 105 6 4 May 14 May 23 Jan. 2 934 Jan. 23 9 68 May 29 9834 Feb. 15 Mar. 18 10834 Aug. 30 112 N. T. STOCK Oct., 1940] Sales in Jan. 2, 1940 N. 7. STOCK EXCHANGE Value Sept. 3 Ask Bid RANGE SINCE J \N. PRICES IN SEPTEMBER Price BONDS September 29 EXCHANGE-BONOS Bid Lowest Sept. 30 Ask Bid Ask tal4 Prices Sale Prices Sale Prices Sale Prices 1 H nhest Lowest Highest St Louis Iron Mtn & South— 209,000 i*River & Gulf Div 1st g 4s—1933 AfN 21,000 ACertificates of deposit 111,000 1 ASt l Peo & n w 1st 5s. 1948 y~j 78,000 St Louis Pub Serv 1st mtge 5s__1959 M S St l Rky m & Pac 5s stamped. -1955 J 60% 61% Sale 61 Sale 25 Sale 65% Sale 64 20 21 26 65 Sale 64% 65% 45 67% 38% Sale 40 59% Sale 21% j '58% "63" J 11% Sale 11% Sale 12 Sale 36% 60 Sept. 59% Sept. 21 Sept. 64% Sept. 4 3 65% Sept. 30 63% Sept. 24 26 Sept. 30 67% Sept. 27 49% May 28 48% May 28 15 4 55% May 28 May 28 33 5 June t ASt Louis-San Francisco ry— 285,000 45.000 124,000 91,000 376,000 130,000 1950 j APrior lien 4s series a ACertificates of deposit APrior lien 5s series b._ -1950 yj ACertificates of deposit ACon m 4 %s series a.... 1978 ACertificates of deposit stamped M~ s 97,000 £ ASt Louis Southwest 1st g 4s.. .1989 63,000 A2d gold 4s income bond Nov 1989 * 57,000 Alst terminal & unif 5s 1952 AGen & ref 5s series a. 39,000 1990 11% Sale 11% 10% Sale 11% m2v j Sale j 10% Sale 10 11 10 10% 9% 9% 9% 9% 66% 64* 34 15 16 14% 18 j 9% 66% 3% 5% Sale 80 jl* 73 3% 6 6 5% 9% 9% 9% 9% 9% 9% Sept. 3 Sept. 20 Sept. 18 Sept. 3 Sept. 27 Sept. 4 t ASchulco Co guar 6 %s 1946 j j AStamped AGuar sinking fund 6%s b—1946 a a AStamped Sale 115 116 114% 66 64% Sale 105% Sale 105 73» 107% 107% 107% 107% 107% J 25 J 20% 28 28 O 32 o 32 38 "32~" 38 1989 MJV 115 30 9% 6% 116 Sale 105% 107% 108% 28 Sale 3% Sept. 6 Sept. 114% Sept. 63% Sept. 1057a Sept. 107% Sept. 107 % Sept. 20 3% Sept. 10 7% Sept. 19 115 Sept. 13 66% Sept. 19 105% Sept. 3 107% Sept. 5 107% Sept. 20 30 28 31 28 Sept. 4 28 Sept. 4 38% ~40~~ 118% 125 40 38% 122 125 122 Sept. 25 122 Sept. 25 54% June 25% June 12 May 7% May 65% July 3% July 4% May 110% May 62Jan. 16 14% Apr.' 14% Apr. 16 Apr. 15% Apr. 14% Apr. 13% Apr. 4 6 5 8 5 4 Apr. May Apr. Apr. 8 9 6 8 Mar. 6 38 82 5% Mar. 26 8 Apr. 2 118 Apr. 12 68% Mar. 14 108% Mar. 15 111% Apr. 23 109% Feb. 26 33 Apr. 12 6 33% Apr. 47 Apr. 11 47 Apr. 6 Jan. 54 Apr. 4 Apr. 4 % Apr. 3 6'. % Sept. 27 2( 67 6% May 28 8% June 11 7% June 10 7 June 10 6% May 28 66% Sept. 26 Sept. 30 16 Sept. 4 9% Sept. 9 63% Sept. 29% Sept. 15 Sept. 8% Sept. 6 June 10 7 10% Sept. 10 Sept. 11% Sept. 10% Sept. 10% Sept. 10 Sept. 85 6 guar 4s. 1943 1963 A 6,000 San Antonio Pub Serv 4s. 11,000 San Diego Cons g & e 4s 1965 AfN Santa Fe Prescott & Phoenix 1st 5s'42 m s 5,000 guar g 48 9% 9% 32 St Paul & Duluth 1st consol 4s_.196" J t ast Paul e Grand Trunk 4 %s. .1947 J 14,000 t ASt Paul & k o Short l gu 4 %s 1941 F 15,000 st Paul Union Depot 1st 5s guar. 1972 J J 167,000 San Ant & Aran Pass 1st 2,000 Scio Vail & n e 1st Sale Sale Sale Sale Sale Sale J "4',65o 11",556 9% 9% 9% 9% 9% 9% 66 65 105 May 107% Aug. 107% Aug. 21 Jan. 18% Jan. 28% Jan. 29% Jan. 114% June 12 123% Feb. 13 JSeaboard Air Line ry— 15,000 210.000 15,000 44,000 * Alst g 4s unstamped.- 1950 A O * AStamped 4s 195 A O 0jf_a —a adjustment's *ARefunding g 1959 a 4s. ACertificates of deposit 1945 205,000 Alst & cons 6s series a 66,000 ACertificates of deposit 1,000 t* AAtl-Birm Div 1st« 4s May 1933 1935 60,000 X i8eaboard Air-Fla 6s a ctfs a6s series b ctfs of dep 1935 1954 699.000 Shell Union Oil 2 %s debs 54,000 hinyetsu el Pow 1st 6%s—... 195* 9.000 »Siemens& Halske deb 6%s..— 1951 1946 5,000 ASilesia Elec Corp 6%s 1941 51,000 Milesian Am Corp coll tr g 7s 195* 72,000 emmons Co conv deb 4s 1950 37,000 Skelly Oil 3s deb 1964 54,000 Socony-Vacuum Oil 3s debs.. South & Nor Ala gu 5s 1963 o m"§ f A f A j J J D A f A 10% 24% A -1977 _ 1,120.000 -1937 J 4,000 'AThird Ave rr 1st gold 5s Tokyo Electric Light (Ltd)— 1st m 6s $ series June 15 1953 J 407,000 J 54,000 Tol & Ohio Cent ref a imp 3 %s.l96ti 1950 A 16,000 Tol St l & West 1st g 4s Tol w Va & Ohio 1st guar 4s c..1942 m 1966 J Tor Ham & Buff 1st 4s Trenton Gas & Elec 1st 5s 1949 Af J d D O 8 J j 28,000 Tri-Cont'l Corp conv deb 5s ser a *53 ATyrol Hydro-Elec Power 7 %s_. 1955 mn a Guar an teed sec s f 7s 1952 F a For footnotes see page 30. m 8 j J 105 108 105 108 109 _ 109% 105% Sale 97% Sale 106% Sale 47 50 Sale Sale 48% Sale 48% Sale 48% Sale 56% Sale 63 Sale Sale 88 61 Sale Sale 80 76 82 79% Sale 72% 71 111 107 78 73 112 _ .JIB 107% 19% Sale Salei 105 99 Sale 106 106% 126% 114% Sale 108 88 Sale 89% 105% Sale J Sale 72 69% 73% 96 99 51% Sale o 3 Sale 3 Sale 9 ii« 2% Sale 1% 2% 97% Sale 50 51 13% Sale 3%. 2% 4% 3% 41 105 106 105 Sale Sale 125 106% 110% 12 43% 42% 42% 50% 70% Sale Sale Sale Sale Sale 56% Sale 89% Sale 5 76 Sale 79% Sale Sale 76 91% 58 77 583 77 71 69% 69% 110% 110% 110% 106% 107 108% 18% 20% 16% Sale 105 104% 105% Sale 105% Sale 101 101% 100% 105% Sale 105% 125% 112% 109% 110 88 86% 105 105% Sale Sale Sale Sale Sale Sale Sale 80 72% 111% Sale 21% Sale 105% Sale Sale Sale 110 85 Sale —. 89% 107% Sale — - 112% 114 102% Sale 114% site 96% Sale 96% Sale 67 61% 105% Sale . ■ Sale 88 64% 97% 110 106% 106% 108 105% 102% Sept.27 Sept.26 Sept. 3 Sept. 3 Sept.27 Sept. 5 23 5 Sale 68 90 Sale 19 49 86% 64% 105% ... Sept. 42% Sept. 49 Sept. 44% Sept. 44 Sept. 44 Sept. 55% Sept. 75% Sept. 60% Sept. 82 87 12 28 15 Jan. Jan. -ib 18 3% Jan. Jan. Jan. Jan. Jan. 11 3 6 25 3 11 81 2 3 98 67 Mar. 13 55 July Sept. 25 29 18% June 22 41 Sept. 25 102% May 22 101% Sept. 21 106% Apr. June 27 119 July 18 27 10 1 186 18 May 23 110 Sept.27 101% May 15 106% Sept. 26 104%, Sept. 27 109% /ug. 12 107»3» Sept. 24 111 Feb. 2 Jan. 31 May 23 106 97% Jan. 2 102% Apr. 26 101 May 30% May 35 May 107% Feb. 48% Jan. Jan. 4 53 8 3 5! 30 June 30 30 June 50% Jan. 50 % Jan. 50% Jan. 3 3 3 42% May 63% May 58 Jan. 4 25 80% Jan. 23 52 65% Jan. 5 4 5 25! June June 83 42 53 88% Sept. 91% Sept. 58% Sept. 54% Sept. Sept. 78% Sept. 84 Sept. 79% Sept. 76 78 Sept. Sept. 71 73 Sept. Sept. 110% Sept. 111% Sept. 109 106% Sept. Sept. 18% Sept. 22% Sept. 104% Sept. o;105% Sept. 105% Sept. 4 105% Sept. 101 Sept. 31103% Sept. 100 Sept. 181100% Sept. 105 Sept. 13 105% Sept. June 57 73% 63 108% 102 15 101 % 100% 81 * 100 104% 110 Sept. 86% Sept. 105% Sept. 103% Sept. 110% 90% 105% 104% Sept. Sept. Sept. Sept. 28 30 30 26 105% Sept. 65 Sept. 64% Sept. 65 Sept. 89 Sept. 56% Sept. 18% Sept. 100% Sept. 106% Sept. 68 ~ Sept. 681 Sept. Sept. Sept. Sept. 21% Sept. 100% Sept. 4 23 23 12 6 11 5 5 91% Sept. 24 May May May Apr. May May May May May May May Sept. June 61% Jan. 3 Jan. 4 84% Jan. 5 8 78 Jan. 73 112 Mar. 14 109 Sept. 24 Sept. 11 23% Mar. 12 Apr. 5 Apr. 6 Feb. 15 106% 106% 113% 100% 106% Sept. 24 Apr. 6 122 June 10 128] Feb. 17 Mar. 25 111% June 11 115] 104% June 111% May 8 92 Feb. 5 76% June 102 May 106% Apr. 6 103% Aug. 104% S^pt.26 Jan. 55 74 July 19 104% June 110% Jan. 11 53% May 72% Jan. 10 72 Jan. 11 53% June 72 Jan. 5 53% June 8 Aug. 97% Jan. 8 62% Apr. May 8 May 25% Apr. Jan. 100% Mar. 20 8* II* 90 49% Sept. 30 88 Sept. 5 90 57% Sept. 18 Sept. 23 49% Sept. 30 82% May 18 90 67% 64% Sept. 67% Sept. 24 55% June 26 67% Sept. 24 Sale 5 98 98 6 108 Sept. 24 12 30 21 22 12 22 22 14 Jan. 5 75 123 121% 105% 107% 105% 107% 105% Sept. 12 15 15% Jan. 104 107 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 18 21 13 21 24 104 95 Sale 55 Sept.19 4% Sept. 4 12% Sept 5 2% Sept. 25 114% 107 Sale 19 5 125 110% Sale 90% Sale 105% Sale 104% Sale 105% 106% 106% Sale 68 67% 68 66% Sale 68 66% 67% 91 89 90% 56% Sale 57% 12 11 Sept. 26 Sept. 4 Sept. 5 Sept. 18 Sept. 10 Sept. 5 Sept.27 Sept. 24 104 Sept. 9 101% Sept. 30 46% Sale 42% Sale 42% Sale 41% Sale 87% 122 50 50 106% 38% 45% 40% 39% 40% 54% Sale 49% 74% 75% 70% 59% Sale 54% 40 June 8 6% May Sept. 2% May 2% July 2% May 3 May 9 July 1% May 1% Apr. 93% May 50 Sept. 26 May 14% Feb. 12% May 94 May 99% May 102% May - 4% 3% 12% 1% 106% 106% 107 41 47 70 17 23 18 23 115 102% 102% 101% Sale 106 Sept. Sept. Sept. Sept. 116 57% Sale 89% Sale 65% Sale 9% 9% 1% 3% 98 Sept. 25 96% Sept. 64 Sept. Sept. 12 Sale 51 Sept. Sept. 26 20% 15% Sept. 15% Sept. 4 Sale 41 39 Sept. Sept. 10 Sale 102% Sept. 30 101% Sept. 101 % Sept. 18 102% 101 Sept. 106 105% Sept. 10 106% Sept. 18 Sale 99% 100% 100% "94" "99"' 8% Sept. 8% Sept. j Sept. 2%~Sept. Sale 108% 109% 110 109% 105% 105% 106% 106% 105% 106% Sale 104% 104% 1104% 108 Sale 107% 107% 107»s* 14% Sale 98% O a VM 64 Sale 95 d A 40 104 50 69 110% Sale 8 mn 2 116 s d 61% 9% ljfi-. 101% Sale 102% 101 101% 102% 105 105% 105% 69% Gen & ref 5s ser d 1980 22.000 Tex Pac—Mo Pac Term 5%s a. 1964 m 3 j i960 J 200.000 Third Ave 1st ref 4s AAdjustment income 5s..Jan 1960 A O 4% 12% 13% 29% 108% 109 70 1979 IM Sale 40 105% Sale ..1951 Term rr Assn of St Louis 5s 1944 Gen ref s f gold 4s 1953 43,000 85,000 Ppxarkana & f s Ry 5%s a guar 195 1959 93.000 Texas Corp 3s debs 3s debenture 1965 mn 653,000 J r«aas & n o cons g 5s -.1945 j 2001) 89"666 Texas & Pacific 1st g 5s 97 8% Sale 6 ao Tenn Coal Iron & rr gen 5s 3 1% 99% 8ale j 9 JM 6 F 15-year 2%s debs... 1953 j 133.000 studebaker Corp conv deb 6s. .1915 J 61.000 Superior Oil 3he debs... 1950 A 1950 afn 46,000 swift & Co 1st m 3948 1945 11,000 Ujigawa Elec Power sec 7s 1962 110,000 Union Electric (Mo) 3%s "JiAUnion Elev Ry Chic 1st 5s..1945 13"666 Union Oil Cal 30-yr 6s ser a May '42 3s debentures 1959 241,000 155.000 Union Pac rr 1st & land gr g 4s. 1947 34-year 3 Mis debenture 1970 54.000 3.5-vear 3 14s debenture 197) 182.000 Ref mtge 3 %s series a 1980 367.000 1955 44,000 United Biscuit 3%s debs 38,000 United Cigar-Wheian Stores 5s.l95* 3% Sale 3% 8% 11 95% Sale -—-*62% f 46,000 Gen & ref 5s series c— 16 14 8 2% 4% 3% Sale Sale 25 - Gen ref 5s ser b 8 7% m s 35.000 Southern Bell Tel & Tel 3%s.-,.1962 a o J 3s debentures 1979 j 110,000 .1961 M s 126.000 Southern Calif Gas 4%s f A i si ratge & ref 4s 22.000 1965 j J 21,000 southern Colorado Pow 1st g 6s. 194 1946 J d 92,000 outhern Kraft Corp 4 Ks__ Hsouthern Natural Gas— 1st mtge pipe line 4%s 27,000 1951 a o 212,000 Sou Pac Co 4s Cent Pac coll Aug '49 j d 1st 4%s (Oregon Lines) ser a. 1977 M 8 412,000 Gold 4%s 472.000 1968 M S Gold 4 £$s 967,000 May 11969 mn Gold 4%s... 1981 afn 714,000 J 10-year secured 3%s —1946 j 399,000 A San Francisco Term 1st 4s 195 38.000 South Pac rr 1st ref guar 4s...1955 J 618,000 4s stamped 1955 J 1994 J 364".556 Southern Ry 1st cons 5s Devel & gen 4s series a -195b A 869,000 Devel & gen 6s series a 1956 A 255.000 Devel & gen 6 %s series a. 1956 A 346.000 Memphis Div 1st g 5s ...1996 J 21.000 St. Louis Div 1st g 4s ...1951 J 9.000 12,000 Soutbw Bell Tel 3 %s series b...1961 J 1st & ref 3s series c 196> j 50,000 118,000 USpokane Internal 1st g 5s...1955 j 1961 J 86,000 standard Oil n j deb 3s 62,000 114,000 109,000 16 15% Sale 1% 2% 5 Sale 4% Sale ms . ... 13% 30 81% Sale 107% Sale 107% Sale 8% 8% 109% in%6 107% 103% 103% 103% Sale 113 113% 97% Sale 98% 97% Sale 98% 102% Sale 103% 106% Sale 106% Sale 66 69% 81% Sept. 107% Sept. 90 Sept. 108% Sept. 108% Sept. 24 109% 103% Sept. 10 104% 113 Sept. 3,113% 97% Sept. 101 99 97% Sept. 51 99 102% Sept. 9 104 106% Sept. 11 107 66 Sept. 3 72 Sept. Sept. Sept. Sept. Sept, Sept. Sept. Sept. Jan. 66% Mar. 20 Sept. 23 31 99% Mar. 27 Jan. 23 121% Aug. 1 125 104 Jan 5 May 25 108 14 % July 14% Apr. 13 1 13% Feb 16 14% May 2 80 May 105% May 8 July 108% Sept. 100% May 110 May 92 % May 92% May 101% Aug. 104% June 58% June 99% Aug. f 1 109 9 Jan. 115 Feb. 10 Jan. 20 112% Feb. 15 104% May 9 99% Apr. 99% Apr. 104 Sept. 107 Aug. 77% Apr. 13 26 26 26 30 3 Sales in September ept V(alue ' N. T. STOCK Jan. 2, 1940 II EXCHANGE Bid Serial debentures— .375s .50s .625s .75s .875s 1.00s 1.125s 1.25s 1.375s 1.50s 2.000 ..... 5,000 1.625s Nov .May Nov May Nov May Nov May Nov May Nov 1.80s 1.85s 1.90s 13,000 3,000 1.95s 2.00s 13,000 Warner Bros Pictures 6s debs. a Warren Bros Co. deb 6s 487,000 barren R R 1st ref gu g 3 %s_ 4,000 Wash Cent Ry 1st g 4s ~i",666 Wash Term 1st guar 3 Ms 1st 40-year guar 4s Westchester Light gold 5s Gen mtge 3 Ms 30,000 10,000 West Penn Power 5s series E_ 1st mtge 3 Ms series I 13,000 10,000 West Va Pulp & Paper 3s 511,000 106,000 14,000 83,000 124,000 139,000 239,000 284,000 10,000 Maryland 1st g 4s series A Western N Y & Penn gen 4s Western First & ref 5Ms MN 100% 100% 100% 100 100% 100 MN 100% 100% 100% ioo y8 100% 100% 100% 100 % 100 % 100% MN 101 MN MN 100% 100% MN 101 MN 101 MN MN 101% 100% 100% 100% MN 101 MN 100% 100% 100% MN MN MN MN MN MN MN MN MN MN MN MN 102 MN J 23% 22% 23% 22% 22% 22 % D 14 22 % 14 22 % 14 90 102 Ye 103 % 25 110 31 55 61 108% a ^ Sale 45 62% Sale J J A O M S M S F A A O A D A O A O 58% 65 75 ----- D 1952 A O J 1977 J 1943 A O 84 Sale 108 Sale 18% 17% Sale Western Union Teleg 4Mb gold.1950 MN Gold 5s_ 1951 J D 66 Sale 68% Sale I960 M S Sale - 1953 2361 Registered 2361 49,000 19,000 Wheeling & L Erie RR 1st con g 4s '49 561,000 Wheeling Steel Corp 4 Ms ser A.. 1966 White Sewing Machine deb 6s__1940 "30.656 t* AWilkes-Barre & East 1st gu g 5s'42 1955 50,000 Wilson & Co 1st M 4s ser A Conv debentures 3Ms 1947 .49,000 I960 13,000 Winston-Salem S B 1st 4s 720,000 1aWisconsin Cent 1st gen g 4s._1949 ACertificates of deposit90,000 *ASup & Dul Div & Ter lst4s_1936 42,000 ACertificates of deposit 5,000 1968 18,000 Wisconsin Elec Power 3 Ms 1961 21,000 Wisconsin Public Service 4s 2,000 t AWorces & Conn East Ry 4 Ms-1943 AWestphalia Un El Pow 6s 208.000 West Shore 1st 4s guar J J 67 12 J J 50% J 44 Sale M S 114 F J 98% A MN 15 Sale 101»«» 13 D Sale 103% 104% 97 45% Sale 9 Sale -. - 111% 25% 23% 9 8% 8% A O J D J J 1948 M S 1961 MN 13 28 6% 109% Sale 109% 110 9% 109 % 105% Sept.19 60 Sept. 30 109 for 5 The following bonds have been called redemption, either entirely or partially: 1950, partially Oct, 1. Duluth Missabe & Iron Range Ry. 3%s, 1962, partially, Oct. 1. Firestone Tire & Rub. 3%s 1948, partially, Oct. 1. Liquid Carbonic 4s, 1947, entirely, Oct. 10, at 104. Nat. Dairy Products 3 %s 1951, partially Nov. 1. Southern Natural Gas 4%s, 1951, partially. Anaconda Copper 4%s Sale Sale Sale 31 65 55% 108% 109% 107 109 109 3 87% ) 25 Mar. July July 25 Aug. 29 20% July 20 Apr. 24% Mar. 16 1 27% Sept. 25 20 1 93% May 21 104 May 28 101% June 27 84 96 95 Sept. 30 109" 109 % Jan. 107 40 June Jan. May 54% June 102 May Jan. 1 Jan. 23 25 May 8 Apr. 41 Sale 51 48 48 6 106 June May June 109% Sept. 25 116% Sept. 16 Sept. 6 102% Sept. 12 111 88% Sept.26 94 Sept. 26 107% Sept.23 14 Sept.23 13% Sept. 6 67% Sept.20 84% Sept. 88 Sale Sept. Sale 107% Sept. 14% 13% Sept. l3 Sale Sept. Sale 65% Sept. 69 Sale Sept. Sale 67% Sept. 15 Sept. 21% Sale 47% Sept. 45% Sept. 48% Sale 112% Sept. Sale 101% Sept. Sept.30 Sept.30 17 Sept.20 53 Sept.24 49% Sept.24 113% Sept. 30 104% Sept. 26 VYA 102% Sale 105 Sale 14% 105% 100% 112% 102% Sept. 25 104% Sept. 4 104% Sept. 30 106% Sept. 14 being in bankruptcy, 77 by sales, only transactions of month, and not Included in year's sales, only transactions of the and not included in year's range. r Cash sales, 11 14 May 7 Feb. 27 17 Jan. Apr. 24 Jan. Jan. Jan. Jan. Jan. 2 3 3 2 9 Sept.26 Aug. 30 90% Mar. 27 46 Sept.13 37 May 10 70 Feb. 8 Apr. 3 Feb. 20 104% May 109% 109% 128% 110% 115 120 Tan. 112 Mar. 15 98 May May May 72 May 79 June 107H 107% Sept. 10% June 10% May May 50 53 % June 51 May 10% June June 35 32 May 110% June 96% Jan. July 9% May 100% May 96 May 100 Sept. 26 Sept. 3 Sept.25 Sept.16 28 Sept. 24 27 Sept.24 9 Sept. 3 8% Sept. 3 109% Sept.27 110 Sept.25 6 Sept. 9 Sale 12% Sept. 105 Sale Sept. 100 100% 100% Sept. 112% Sept. 112% Sale 28 Sale 23% Sept. 23 Sale 27 25 Sept. Sale 7% 8% 7% Sept. Sale 7% 8% 7% Sept. 109% 109% Sale 109% Sept. Sale 109 Sept. 109% 110 6 5% Sept. 104% Sale 105% Sale Under the rule June May Sept. May 31 4 Jan. Feb. Jan. 16 Sept. Apr. 9% July 7 July 38% Sept. 4% May 4% May 4% May 4% June 101% May 56 May 63% May 78 Sept.30 % Mar. 20 10 111 May 6 23 51% Apr. 5 29 78 Aug. 21 3 19 62% Jan. 21 109% May 9 6 30% June 10% June 25 % Jan 84% Sept. 24 46 Sept.13 31 Sept. 5 6 107 Sale Deferred delivery current 4 3 5 Sept. 27 Sept. 24 Sept. 6 Sept.27 range n May 60 Sept. such companies. current month Oct. 1, Sept.10 Sept. 5 ----- J Companies reported as a 9 18 120 35 70 30 receivership, or being reorganized under Section of the Bankruptcy Act, or securities assumed the Sept. 30 43% Sept. 5 14% Sept. 6 28 Sept.23 43% Sept.17 12% Sept. 5 8% Sept. 6 42 Sept. 24 6% Sept.24 6 Sept. 5 6% Sept. 7 6 Sept. 5 104% Sept.10 73 Sept;26 84% Sept. 23 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. t The price represented is the dollar quotation per 200 pound unit of bonds. Accrued Interest payable at exchange rate of $4.8484. Negotiability impaired by maturity. Bonds selling flat. 27% Sept. 25 Sept.30 109 81% Sept. Sept. Sept. 84 45% 113% 109% 113 104 101 % Sale 99% 99% 13% 12% "14" 105% 105% Sale Sale 18 49 Sale 105 18 MN 39 14% 29 84% 92% 88% Sale 107% 108% 107% 13% 13% Sale 13 13% 14% 67% 66% Sale 71% 69% Sale 71 68% Sale 13 16% 13% Sale J 108 Sale 124% 108% 109% 108% 109% 108% 116% 116% Sale 116% 117 111 110% 111% 110% 100 102 102% 100% Sale 124 Sale Sale 88% 101 20 108 34 J 57 82% 108 126J-3 108% 109% 1183* Sale 108% 109 Sept.11 Sept.10 101% Sept.21 101% Aug. 10 102 Sept. 24 102% Sept. 24 102% Sept. 26 102% Sept. 26 102% Sept. 26 102 Sept.12 102% Sept.30 102% Sept.17 103 Aug. 26 101 100% July 100 July 70 — 31 .1954 J 23% 90 12% 26% 28 Sale .1966 J 25 % Sept.30 % Sept.30 109% Sept. 5 110% Sept. 19 47 Sept. 18 48% Sept. 3 41% Sale Sale 30 .1950 J D J .1967 J .1963 M S 109 61 Sale 108% 108% 108 80 17% 65 35 S k 60 36 s • 76 Sale M Youngstown Sheet & Tube— Convertible deb 4s 771,000 1st mtge s f 4s series O 187,000 90 85 A 103 87%"Sept>ri4 88% Sept. 101% Sept. 3 103 Sept. 30 102 Sept. 7 Sept.13 103 - t AWestern Pacific 1st 5s ser A--1946 to Gold 5s_ Sale 34 9 Sale 109 .1941 M S M .1948 A .1945 .1945 F A Sale % Sale % 1% 109% 110% 110% 111 48 Sale 48% Sale .1948 M S .2000 F 102 102% 102% 9 Sept. 25 Sept. 18 Sept.11 Sept.10 Sept.21 Sept.19 Sept.24 Sept. 24 Sept. 26 Sept.26 Sept. 26 Sept. 12 Sept.30 Sept.17 Sept.24 Sept. 10 Sept.16 23% - O J 102 102% 102% 102% 102% 25% Sept. 23 25 46 43% 43% 46 11 9% 12 8% 8% 7% 8% 38% 40 35% 39% 5 5% 6% 5% Sale 5 6 5 4% Sale 4% 5 4% 5% 5 6 5 4% 106 103% 104 104% 106 Sale 72 68% 69% Sale 83% 72% 72% 82 J 101% 101% 101-% 101% 101% 101% ----- 21 J J 9 101% Sept. 100% July 19 100% Aug. 12 8 100% Aug. 101 Aug. 29 101% Sept. 26 9 100% Aug. 101% Sept. 9 100% July 29 101% Sept.25 101 Aug. 7 July July July 100% July 100% July 100 July 100% Aug. 100% July 100% July 100% July 100 July 100% July 100% Aug. 100% July 100% July 100% Aug. 100% Aug. 102 Sept. 99% July 100% July 101 Aug. 20 107% 41% 13% Sale A 9 24 23 75 83 101 Sept. 27 101% Sept. 26 23% 106 108 Sale F 101% 101% 101% 101% 101% 101% Sept. 101% 100% 101% 101 104 Sept. 101 101 101% Sept. 101% 101% 101% 101% 102" 101% Sept. 101% Sept. 101% 101% 102 101% Sept. 101% 102% 101 % Sept. 102 101% 101% Sept. 101% 102% 101% Sept. 101% 102% 101% Sept. 103% 102 102 Sept. 103 102 102 102 Sept. 102% 102% 102 Sept. 102% 102% 102% 102 Sept. 102% Sale 103% 102% Sept. 102% 102 Sale 102% Sept. 103 103 25 Sept. 24% ~30" 23% Sept. 23 101 106 MN J 100 101 101 86 89% 87% 103 101% Sale 102% 102% Sale Sale Sale 100% Sept. 10d% 101% 101 101% 101% Sept. 101 25 20 Sale 89% Apr. 1 110% Jan. 100% Aug. 12 100% Aug. 12 100% Aug. 12 100% Aug. 12 7 100% Aug. 7 100% Aug. 100 100 100 1958 A O 1966 M S a Assented June 99% 99% 100% 100% 100% 1955 F A 1957 MN 204,000 ^♦AWabash RR 1st gold 5s -.1939 *ASecond gold 5s 1939 71,000 list lien 50-year gold term 4s 1954 6,000 iDet & Chi ext 1st g 5s 1941 1,000 *iDes Moines Div 1st g 4s—1939 16,000 AOmaha Div 1st g 3%s__ 1941 20,000 ATol & Chic Div 1st g 4s 1941 15,000 121,000 t AWabash Ry ref & gen 5 Ms A..1975 ARef & gen 5s (Feb '32 coup) B '76 34,000 ARef & gen 4Mb series C 152,000 1978 ARef & gen 5s series D —1980 122,000 31,000 Walker (Hiram) G & W deb 4 Ms 1945 1955 119,000 Walworth Co 1st mtge 4s 6s debentures 1955 13,000 Sale Prices 75% May 21 108 1 Highest Sale Prices Sept.25 Sept. 8 100 * a4 Ms assented 3,000 j. 8,000 Virginia Elec & Pow3%sser B_. 8,000 Va Iron Coal & Coke 1st g 5s— 1949 M S J 2003 J Va & Southwest 1st guar 5s First cons 5s Sale Prices 100 % J 1934 J 1968 M S 51,000 Virginian Ry 1st & ref 3 Ms ser A Sale Prices 86 80% Sept. 3 108% Sept. 26 110 MN Vera Cruz & Pacific RRr* ~7~666 Highest 100 100 1942 MN >.— Ask Sale 107% 99 % 00% 1941 MN 1942 MN — Vandalia consol g 4s A_.— Consol 4s series B—w Ask Bid 86 Bid 80 % Sale 107% 110 1941 MN 7,000 2.05s... 10,000 2.10s Nov 1 1949 2,000 2.15s May 1 1950 2,000 2.20s Nov 1 1950 9,000 2.25s ...May 1 1951 26,000 2.30s -Nov 1 1951 26,000 2.35s May 1 1952 10,000 2.40s Nov 1 1952 17,000 2.45s May 1 1953 5,000 2.50s Nov 1 1953 7,000 2.55s —-May 1 1954 3,000 2.60s Nov 1 1954 15,000 2.65s May 1 1955 1,000 AUnited Steel Wks g 6%s ser A 1951 .1951 5,000 i3%sser A assented 1951 a6%s series C .1951 a3 %s ser C assented ■3,000—ASinking fund deb 6%s ser A 1947 1947 a3Ms ser A assented-1951 17,000 United Stockyards 4Ms w w 134,000 Utah Light & Trac 1st & ref 5s.. 1944 1944 154,000 Utah Power & Light 1st 5s 15,000 Ask Sale Lowest Lowest Sept. 30 Sept. 3 1940 1 1 1 1 1 1 1 1 1 1 1 1943 1943 1944 1944 1945 1945 May 1 1946 Nov 1 1946 May 1 1947 Nov 1 1947 May 1 1948 Nov 1 1948 May 1 1949 1.75s 80% RANGE SINCE JAN. PRICES IN SEPTEMBER Price BONDS .1953 M S 187,000 United Drug Co (Del) 5s 1944 M S 2,000 U N J RR & Canal Co gen 4s_. Unlted States Steel Corp— 10,000 EXCHANGE-BONDS N. Y. STOCK 30 110 Feb. 13% May 14 June 4% June 4% May 106 May 107% June 6 Sept. Apr Ma ay 6 17 102% Aug. 27 2?^ 94 108% 18% 18% 67% Sept. 26 Sept. 26 Feb. 7 Feb. 1 Jan. 4 Sept. 20 4 72 Jan. 71 Sept. 30 July Sept. 49% Sept. 116% May 104% Sept. llH 103 Jan. 3 24 24 14 26 10 14% Sept. 26 4 106% Apr. 102 Apr. 27 112% Sept.16 Sept.24 27 Sept. 24 6 10% Apr. 9 Apr. 5 28 110 May 110% Apr. 14 Apr. 2 12 12 4 101% May 28 109% Jan. 101 May 20 106% Apr. 26 only transactions of the current month, and not included in year's range. x Ex-interest. following cash sales were transacted during the current month and are not included in the monthly or yearly range. e The Calif .-Oregon Power 4s 1966, Oct. 19 at 108. following deferred delivery sales were transacted during the current month and are not included in the monthly or yearly range. a The None. .ft:'-* *'• New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING Stock Sales September Jan. 1 to Sept. 30. 153,826,695 la accordance velth a rale or the Stocte Exchange, effective Oct. iota except in the case of stocks which sell only In a small way. NOTICE—Oash aad deferred delivery sales are disregarded In •utslde of the regular monthly range are shown in a footnote in 1940 1940 September Jan. 1 to Sept. 30____ 57,091,430 201,296,216 11,940,210 Shares_ SEPTEMBER Bond Sales 1939 1940 3,1915, allstocki are aow 1939 $125,965,000 $480,789,000 1,548,209,000 1,148,214,000 quoted dollars per share. Prices are oa a basis of 100-share 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 range for the year. a,' AGOREQATE SALES Since September Sept. 13 Par * 33,400 Abbott Laboratories.-- 370 454 conv preferred--—-100 ——* -390 Abraham & Straus 25 21,400 Acme Steel Co 10 1,500 * 139,100 Adams Express 28,200 Adams Millis-- 14,100 1,000 3,100 24,100 2,500 RANGE SINCE JAN. -—* 22,700 Addressograph Multigraph-_10 —* 254,200 Air Reduction Inc 16,100 Air-Way Eiec Appli Corp * 30 Ala & Vicksburg Ry Co 100 Bid Ask 6854 Sale 5654 58 117 139 48 32 40 48 50 47 814 Sale 2254 2154 18 54 Sale 5654 Sale 1 54 48 554 20 Sale 22 1354 Sale 54 Ask 5654 5854 11854 135 36 3554 4654 Sale 554 Sale 21 2054 15 1554 Sale 42 Lowest Highest Lowest Sale Prices Sale Prices Sale Prices Sept. 30 Ask Bid 4254 144 Sale Bid 41 Sale Sale Sale 56 54 Sept. 12 5854 Sept. 23 36" 36 48 14",900 189,700 Alaska JuneaujGold.Mln—-10 ,,654 Sale 19,000 37,900 8,500 17,500 26.500 —* 171,300 Allegheny Corp Pref series A $30 warr'ts_100 222,700 Pref series A $30 ex-war_100 47,700 $2.50 prior conv pref * 48,600 362,800 Alleghany Ludl'm Steel Corp * Sale 110 Alleg & West Ry 6% 43,100 i Allen Industries Inc 1,700 12,400 700 22,200 1,800 1,300 16,600 30,000 5,200 38,700 31,200 366,500 84,100 5,990 150,100 50,300 2,430 40,500 112,500 11,400 338,900 67,800 128,300 3,500 200 2,400 3,200 16,500 7,700 650 4,200 4,900 240 14,800 6,300 900 25,500 9,500 11,000 600 ~i',I66 4,100 2,700 80 2,600 200 6,200 3,100 1,200 300 vvj 11,900 10,700 300 800 100 8,700 30,400 6,660 7,600 3,000 1,620 26,800 300 1,100 250 29,500 3,600 200 3,800 900 600 21,000 3,900 11,400 500 7,300 30,500 700 19,600 18,800 41,200 1,200 202,600 700 1,300 50 . 1,800 11,460 404,000 86,800 124,900 858,300 1,740 360,700 23,900 49,300 32,425 33,720 269,300 13,400 15,100 1,050 Sale 9 Sale 156 Sale 163 Sale 12 13 14 Sale riH 65 54 3354 4654 16 -----50 6% preferred Am Brake Shoe & 1 Fdy.—.—-* — 5)4% conv preferred--_-100 Amer Cable & Radio Corp.—_1 American Can.--—-—---25 Preferred ------100 Amer Car & Foundry--—---* Preferred —100 American Chain & Cable * 5% conv preferred-- Sale Sale 4954 Sale Sale 138 100 Amer Invest Co of Illinois—_.l ---50 5% conv pref Amer Locomotive— 6% conv preferred American News Co— Am * 1354 Sale 14 Sale 51 Sale 45 14 Sale 71 Sale 1354 254* 1654 Sale 155 145 25 Sale 1154 65 Sale Ship Building * Amer Smelt & Refining.——* Preferred .—.——100 American Snuff————-25 Sale Amer Telep & Tel eg-- 100 Tobacco——25 Class B -25 6% preferred—..——.100 American Type Founders—10 Am Wat Wks & El...———* $6 1st preferred-—..—.— * 9,000 * 261,400 American Woolen— Preferred ...——.100 131,200 245,800 Amer Zinc, Lead & Smelt—1 $5 prior conv pref 25 4,700 Anaconda Copper..........50 13,400 Anaconda Wire & Cable..—.* 29,700 Anchor Hock'g Glass Corp 12.50 $5 div preferred * 2,660 For foonotes see page 40. 16 254 Sale 16 1754 9054 10054 100 23 22254 Sale 354 354 Sale 5154 5154 Sale Sale 44 4354 75-4 754 Sale Sale 70 Sale American 46 854 Sale Sale 1054 Sale Sale Sale Sale preferred—————100 Sale 1454 Sale 154 154 1254 alVA Sale 454% conv preferred—-.100 Amer Safety Razor.-.—.18.50 American Seating Co * 6% 34 1554 56 5654 754 754 Sale 39 3954 4054 Sale 7 654 3454 3654 3654 133 130 12854 254 Sale 154 100 9654 Sale 175 17854 17754 2754 2654 Sale Sale 45 5354 zl954 Sale 2054 10454 107 54 108 12254 12654 12854 7 13 53-4 654 654 Sale Sale 5 554 9 9 954 75 7654 8254 154 154 Sale 4 5 354 1 154 Sale 15 16 1654 4 3 54 354 15 1254 1254 Sale 31 3054 Sale 4 454 28 29 2554 54 5154 Sale 154 154: 154 22 23 2154 354 354 Sale 12 12 .1254 162 Sale American Sale Sale Rolling Mill-. —-25 American 69 1254 120 10 Sale 754 Sale 5954 Sale 100 <72 Sale 954 13 Sale Sale Sale preferred.-—--—--—* preferred—---———* Radiator & Stand San-..* Sale Sale Sale Preferred Sale Sale 49 Light---—_* Amer Power & $6 $5 ---100 — 1,515,300 954 « 854 Sale 67 6854 4054 Sale Sale American Bosch Corp. Sale "<P Sale 10 American Bank Note—...—10 305,300 Amer Steel Foundries-.--—* American Stores— * 49,500 * 10,800 American Stove Co 65,600 American Sugar Refining.. 100 Preferred —100 16,900 Amer Sumatra Tobacco——* 11,900 309,100 57,900 141,000 14,800 91,300 506,700 2254 Sale 74 54 Sale 16 — 400 20 50 Amerada Corp.. —-—* Am Agric Chemical (Del) * 219,300 Preferred -——-100 42,500 -_-* 80,900 Am Mach & Foundry -* 29,700 Amer Machine & MetalsAmerican Metal * 75,600 33,100 10,8 0 7,200 1,900 8,400 1054 Sale Sale Sale "io"~ "1054 wj 200 Sale 13 154 1054 Inc 1154 Sale ' 1454 Sale Sale American Airlines 454 Sale % Sale Sale 22 Alpha Portland Cement -* Amalgam Leather Cos. Inc—1 6% conv preferred Sale Sale 454 1054 17654 Sale — 1,700 1,800 6,800 10 —* -1 58,000 Amer Home Products * 92,900 American Ice—--------6% preferred ------100 28,200 Amer Internal Corp 67,900 4,100 760 1154 Sale 1454 1554 2154 Sale l'i'700 American Chicle 170 Am Coal Co of Alleg Co N J-25 41,630 American Oolortype 10 46,700 Am Com Alcohol 20 47,100 Amer Crystal Sugar Co 10 2,230 6% 1st preferred 100 46,000 Amer Encaustic Tiling 1 3 ooo Am European Securities -* 95 000 Am & Foreign Power * 82,500 $7 preferred. 2d preferred A——---—-* 31,700 $6 preferred— —* 50,200 354 300 A.m Hawaiian Steamship—-10 157 300, American Hide & Leather—-1 6*500 6% vpnv preferred —50 700 16,200 4,000 7,400 69,300 —-1 5 * * 311,000 Allied Stores Corp 5% preferred 11,200 —100 * 269,900 Allis-Cnalmers Mfg.---- 500 Sale gtd—100 102,200 Allied Chem & Dye-7,800 Allied Kid Co 123,200 Allied Mills Co Inc— 7,100 37,100 13 2934 3954 Sale Sale 146 1154 6854 654 854 3154 4154 144 138 142 142 >4 6954 150 56 141 57 5754 14454 2354 1154 1254 1354 7354 15 16154 7354 75 144 Sale 1254 1354 1454 75 54 16 Sale Sale Sale 25 Sept. Sept. 6 Sept. 2054 Sept. 16 Sept. 4254 Sept. 54 Sept. 25 7 24 24 23 5 20 14 16254 7654 7654 8* 42 Sale Sale 40 2254 28 1454 Sale 14 11354 Sale 113 _A54-Sept^-3. 454 ■Sept.—6 % Sept.11 54 Sept. 25 954 Sept. 12 1254 Sept. 25 854 Sept. 9 11 Sept. 25 v14 Sept. 12 22 Sept. 25 2054 Sept. 13 2354 Sept. 5 74 54 Sept. 30 7454 Sept. 30 854 Sept. 18 954 Sept. 6 151 Sept.12 164 Sept. 25 954 Sept. 19 954 Sept. 6 1254 Sept. 3 1354 Sept. 5 654 Sept. 12 754 Sept. 23 . x67 Sept. 16 3254 Sept. 4 70 1254 Sept. 154 Sept. 1454 154 1254 4854 12 46 21454 5354 38 654 654 3754 34 54 13154 130 1H Sale 9554 Sale Sale 177 Sale 2454 4254 Sale 18 11254 10454 131 12454 Sept. 24 3554 Sept. 6 Sept. 30 Sept. 3 Sept. 24 Sept. 6 17 Sept. 6 58 54 Sept. 24 854 Sept. 5 Sept. Sept. Sept. Sept. Sept. Sept. 41 Sept. Sept. 754 Sept. Sept. 3754 Sept. Sept. 132 Sept. Sept. 254 Sept. Sept. 10054 Sept. Sept. 17854 Sept. Sept. 2854 Sept. Sept. 5354 Sept. Sept. 2054 Sept. Sept. 10 10754 Sept. Sept. 12 130 Sept. 26 5 24 24 3 24 18 30 30 6 18 28 13 654 Sept. Sale 5 Sept. 854 Sept. V* 75 Sale Sept. Sale 154 Sept. 554 454 Sept. Sept. 154 16541 1554 Sept. 354' 354 Sept. 1454 1254 Sept. 31 2854 Sept. Sale 4 Sept. 32 2754 Sept. Sale 51 Sept. 154 Sept. 154 Sale 21 Sept. Sale 354 Sept. 1254 Sept. 1254 50 50 Sept. Sale 13 Sept. Sale 54 Sept. Sale 1254 Sept. 254 Sept. 254 Sale 16 Sept. 108 9454 Sept. 24 2254 Sept. Sale 354 Sept. Sale 50 Sept. 42 54 Sept. 44 54 Sale 654 Sept. 147 162 Sept. Sale 1054 Sept. Sale 65 Sept. Sale 654 Sept. 754 Sept. 854 Sale 28 Sept. Sale 3754 Sept. 144 13854 Sept. 5854 5654 Sept. 142 146 Sept. 7 3 3 17 a Sale 30 7 27 654 Sept. 25 654 Sept. 25 954 Sept. 6 7854 Sept. 10 2 Sept. - 3 454 Sept. 27 28 154 28 rl654 17 454 13 1354 Sept. 3 5 5 24 5 24 5 25 5 5 24 5 25 23 23 19 6 13 1254 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 25 50 Sept. 14 3 16 4 9 26 14 12 12 3 23 12 20 13 16 33 454 28 5454 2 2354 4 1654 Sept. Sept. 1354 Sept. 3 Sept. 1754 Sept. 7 10054 Sept. 27 24 Sept. 27 74 4 14 54 14 46 9 754 26 147 14 3 13 1254 71 854 854 3 12 32 12 4354 4 13954 19 19 5754 14454 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 5 23 5 23 26 5 24 3 25 23 23 16 26 20 2054 Sept. 13 2554 Sept. 30 1154 Sept. 13 1254 Sept. 25 1254 Sept. 12 1354 Sept. 19 13 Sept. 12 1554 Sept. 6 72 Sept. 18 75 Sept. 6 14 15 Sept. 12 1554 Sept. 5 Sale *160 54 Sept 13 16754 Sept. 5 Sale 73 54 Sept. 3 78 Sept. 25 Sale 7454 Sept. 4 79 Sept. 24 150 155 Sept. 4 153 Sept. 28 Sale 354 Sept. 3 4 Sept. 23 Sale 854 Sept. 27 954 Sept. 6 96 9254 Sept. 25 9754 Sept. 6 Sale 854 Sept. 12 954 Sept. 4 Sale 3754 Sept. 12 4754 Sept. 30 Sale 554 Sept. 3 7 Sept. 25 4554 42 Sept. 4 45 54 Sept. 6 Sale 2054 Sept. 12 2354 Sept. 24 27 3254 Sept. 3 3054 Sept. 20 16 1454 Sept. 3 1454 Sept. 6 113 Sept. 27 11354 Sept. 3 1254 Sale 14 1354 1354 Sale 72 7254 14654 15054 150 4 354 Sale 854 854 Sale 9054 9154 100 954 954 Sale 4754 4154 Sale Sale 654 35^ 8 Sale 50 110 Sept .25 4554 Sept. 27 Sept. 14 Sept. 16 13 Sept. 9 *39 54 Sept. 27 54 Sept. 3 , 10 1 1940 Shares 2,400 IN SEPTEMBER Jan. 2 N. Y. STOCK EXCHANGE Jan. 1 Shares PRICES Price STOCKS In 30 Highest Sale Prices May 21 70 54 Feb. 14 Feb. 8 May 22 147 May 22 46 54 Apr. 5 3454 May 25 454 May 28 1654 June 5 1214 June 15 3654 June 10 54 June 10 60 May 21 4—May 21 54 June 4 554 June 10 454 May 21 7 May 21 1554 May 21 52 54 Apr. 9 Jan. 2754 Apr. 1954 Jan. 5854 Jan. « 61 June 22 6h June 11 13554 June 10 854 May 15 10 June 5 454 May 21 May 28 2154 May 22 55 11 June 77 16 10 June 1254 Sept. May May 38 May 10 May 154 May 1254 May 90 July 2054 June 2 May 3454 May 2854 May 454 May 10* 135 6 13 31 22 25 18 15 28 3 11 15 21 21 21 June 12 Jan. Jan. 75 Apr. 15 Apr. 9 12 54 50 J an. 954 May 4 3 3 45 54 Jan. 3 135 June 28 254 , 116H 17854 33 54 5354 2354 11254 14054 July 18 Jan. 29 Sept. 18 May 10 Sept. 30 Jan. 3 Apr. 22 9 13 , May Feb. 23 954 854 1554 9154 3 54 Apr. 4 Jan. 5 Apr. 18 Mar. 25 Mar. 8 654 Apr. 16 Jan. Jan. 8 Jan. 4 Jan. 8 *§3 s. 8 50 May 3 Apr. 23 38 Apr. 22 66 54 Apr. 3 354 Apr. 1 35 Mar. 29 65 654 Jan. I?* 74* 6 Aug. 24 Apr. 27 Jan. 3 Sept. 23 14 54 Jan. 3 4 354 Jan. 25 Mar. 20 121 Mar. 19 26 Mar. 7 5 554 Jan. Jan. 8 Jan. 8 1054 Jan. 4 163 Mar. 4 Jan. 3 8* 954 May 15 4854 May 21 654 Sept. 13 1254 5 1154 May 21 23 May 15 3754 3054 May 21 54 122 May 28 147 5154 May 22 70 139 May 25 15254 Sept. 24 Mar. Feb. 153* M 61>I 5 23 Apr. 15 Apr. 11 Apr. 15 Feb. 9 May 1 1954 May 21 3354 Jan. 954 May 22 1454 Apr. 11 1754 Jan. May 18 1254 May 28 2354 Feb. Feb. 7054 Aug. 20 93 18 Mar. 1154 May 21 145 May 28 17554 Mar. 69 May 22 8954 Apr. 70 Apr. May 21 June 4 136 Sept. 2 May 21 Apr. Jan. May 21 June 11 10154 Apr. 12 Apr. May 21 25 May 21 Apr. o Vfc 4 May 22 Apr. June 10 35 4554 Apr. 18 May 21 32 Apr. 20 May 21 4154 Apr. 2254 Mar. 1254 May 21 4 11354 Aug. 107 June «|8 9 21 June 18 554 June 26 May 21 128 May 24 154 Sept. 27 87 May 21 164 May 27 18 May 28 34 May 21 1354 May 28 100 May 21 112 May 28 9 May 23 554 May 18 454 May 18 8 May 21 75 Sept. 30 IX May 22 354 June 17 May 15 1054 May 21 254 May 21 954 May 28 23 May 21 3 May 28 23 May 24 45 May 21 1 May 21 18 May 23 2 9 254 Jan. Apr. 22 5854 Apr. 5 10 28 4 Mar. 11 Mar. 26 18 SB 35 8 Jan. 8 8 154 Jan. 3 1454 Jan. 12 54 Jan. 4 22 Sept. 25 2654 May 10 7454 Sept.30 12 54 Apr. 16 182 Apr. 9 14 Jan. 25 16 54 Apr. 23 2 954 Jan. 7354 May 8 4 4154 Jan. 154 May 15 954 May 28 May 28 May 22 12 41* Jan June . 9 3 3 12 5 23 23 13 12 15 9 28 8 4 15 23 23 10 22 9 8 8 23 N. Y. STOCK EXCHANGE-STOCKS 32 aggregate sales Since 1940 Jan. 1 Shares Shares 1,700 200 3,000 200 33,300 5,000 65,300 500 "7",400 1,500 3,500 110,100 20,700 39,000 140 ""8,900 500 900 ""980 41,400 3,300 18,700 1,000 1,100 15,500 400 6,600 1,900 800 60 2,200 4,300 870 74,700 68,000 27,600 13,400 2,200 1,240 3,800 1,600 130 9,700 3,800 10 2,400 200 117,300 3,500 7,500 5,200 V 11,010 384,000 33,800 130,400 27,900 24,600 267,900 1,700 40 35,500 7,700 100 2,900 127,100 3,900 3,600 2,500 16,500 700 12% 3)4 Sale Archer Daniels Midland 32 Sale Mining Co—20 Co Inc.. 5 * Armour (Del) 7% preferred. 100 Armour of Illinois 5 $6 convertible prior pref. . - * 7% preferred .--100 Armstrong Cork Co * Arnold Constable Corp 5 Artloom Corporation * 7% preferred 100 Associated Dry Goods 1 6 % 1st preferred 100 7% 2d preferred 100 Associated Investment Co—* Andes Copper 100 1 16 Sale 100 18 Sale 2054 Sale 5.000 265,300 56,600 16,000 2,870 31,900 64,720 10,260 5% preferred Atlantic 6% preferred 620 1,700 15,800 5,300 20,700 13,300 6,800 11,400 21,000 6,300 - — t - - - $5 preferred with warr Pref ex-warrants Sale 52 Sale 14% 834 5Q _26 25 * * 50 20 — 20 Sale 17)6 5% 7% 13)6 100 preferred 108 Sale 4)4 4234 ft* 102 554 Sale 68 12% 2634 113 34 Sale Sale Sale 15% 0 20 Sale Sale 114)6 27% Sale 107% 10834 31 Sale 75 3936 Sale Sale 80% 1634 Sale 49 Sale. 12% Sale 10 834 1334 Sale Preferred 7% 21 Sept. 104 29 114 32 114 8 108 Sept.19 7% Sept. 5 Sept. 23 6734 Sept. 24 117 Sept.18 6% Sept. 4 3% Sept.30 20% Sept.26 454 Sept. 3 48 10% 534 24% 8)4 29 Sale Sale Sale 23% Sale Sale Apr. 12 Apr. 10 102M Jan. 4 July 33 9 Jan. 11 8 May 21 nly* 23 17 5 June June 12 900 12,600 7,200 1,110 2,100 4,900 200 19,400 27,400 14,400 13,800 10 22.500 1,900 200 70 140 4,900 4,500 4,200 370 12,400 34,300 1,090 12,600 1,000 205.600 233,000 133,400 482,900 400 3,500 * _.* 5% preferred 50 Zinc-Lead -.1 Calumet & Hecla Cons Copper 5 Callahan 5 1 39,200 Case (J I) Co 7% preferred 3,080 151,900 Caterpillar Tractor 624,900 Celanese Corp of America 430 230 * 46.400 Carpenter Steel Co— 36,700 Carriers & General Corp 80 5,000 5 100 10,900 Capital Admin Co Ltd cl A..1 $3 preferred class A ..10 4,020 2,140 Car Clinchfield & Ohio Ry._100 200 2,300 30 Campbell W & C Foundry * Canada Dry Ginger Ale...—5 100 500 Canada Southern Ry Co 25 520,000 Canadian Pacific Ry ; .-.* 17,400 Cannon Mills 25,490 270,000 2,360 54,300 77,600 2.770 12,900 43,900 4,400 340 100 lu 7,410 50,200 Butler Brothers 5% conv/preferred 14,900 118,200 Butte Copper & Zinc 66,400 Byers (A M) Co Partic preferred 5,440 20,100 Byron Jack\pn Co 99,700 Calif Packing Corp For footnotes ... — see page 100 luu * * 7% prior preferred 100 Oelotex Corp * 5% preferred 100 Central Aguirre Associates....* Central Foundry Co .1 Central 111 lt4%% pref 100 ^Central RR of N J... .100 Central Violeta Sugar Co Century Ribbon Mills... * Preferred.. 40. 27 30 22 22 20 4 4 434 May 22 Aug. 29 40% May 22 80 May 85 Jan. 18 45 Mar. 26 65 20% June 82 May 13 May 30% May 934 May 8% June 0% June 18% May June 102 7 110 May 23 i* 8 16 23 100% Mar. 8 3 25% Jan. 21 57% Apr. 24 21 3 22 23% Jan. 6 2234 Apr. 20 5 22% Apr. 20 7 21 27% May June sva 5 May 23 80% 112% June 11 124 36 4 834 May 2i 7 5% 154 Feb. 10 32% May 21 4 834 Aug. 16 Jan. 25 Mar. 19 Feb. 14 May 13 10 Jan. 4 Mar. Mar. 4 4 Mar. 15 Apr. 33 20 31 3154 80)4 121)4 Sale Sale 75 63 70 12334 23% 20% 834 18M w* 16% 1554 Sale 2636 Sale 28 Sale 107 104 52 34 114 8% 58 25% 24 Sale 20 Sale Sale 18% 134 Sale 454 1034 1036 Sale 21% 2134 Sale 36 34 3234 44 4236 40)4 334 336 354 24 34 23 34 Sale 11454 11436 118 Sale 30% Sale 16 28% 23 934 834 Sale 105% 108)4 109 434 4 Sale 55 36 Sale 40 5 36 5 34 Sale 32 33 54 Sale 30 % Sale 3034 18% 18 54 Sale 754 234 21 53 32 Sept. Sept. 82 120% Sept. 22 Sept. 24% 18 Sale Sept. 7 34 Sept. Sale Sale 17% Sept. 13 15 Sept. 68 Sept. 84% 15 Sale Sept. Sale 26' Sept. 104 Sale Sept. 59 35 12 32)4 Sale 57 Sale 22% 76 25 3454 Sale 17 Sale 24 Sale 2954 29 58 2236 19 34 17% 134 35% 122ih 20% 854 1834 13 84 54 1734 28 108 5854 25% Sept. Sept. 20 1854 Sept. 17 Sept. 134 Sept. 34 Sept. Sale 10% 134 3554 454 Sept. Sale 9 34 Sept. 20% Sept. Sale 3734 45 Sale Sale 16% 33% Sept. 43 Sept. 334 Sept. 2334 Sept. 16 Sale Sale 5 Sale x30 54 Sept, 12 Sept 12 Sale Sale 31)4 Sale Sale 8 Sale Sale 2% Sale 434 May 8 May 13% May 27 May 38 May 1% Jan. 13% Jan. 49 Sept, 12 Sept, 17 4 Sept. 110 May 8% May 4 May 20 May 7% June 20% May 111% June 18% May 105 May 8 11 21 21 15 21 . 10 21 10 21 28 100 Sale 11 7)4 Sale 2036 2054 436 12% Sale l Sale Sept, 4 Sept, 17 3 Sept, Sept, 12 20% Sept, 12 17 34 Sept 10 4 7 34 Sept, 2% Sept 12 1536 11 51 Sale 47 Sale 1 Sale Sale 636 Sale Sale 14% 1354 Sale 39^ at* 84% 2334 2% 73 Sale Sale 636 3834 8636 25 34 Sale 7454 118% Sale 54 Sale 2936 Sale Sale 109 1036 6134 23% 3 % 112 4% Sale 65 Sale 336 Sale 5 9 Sale 5) Sale 92 102 59 Sept. Sale 11% Sept. 20 Sale 16 34 12 34 17 34 23% Sale Sale 69 1154 17 15% 17% 3634 Sept. 3 Sept. 18 Sept. 28 Sept. 13 Sept. 4 Sale 19)6 Wale 1% Sale 7% 454 18% 4% 734 Sale 59 15 Sale j8% Sale Sale 81 Sale 5 18% 434 8% 754 80 12 Sale 18 54 434 Sale 53 3636 14% 37% Sale 4 34 35% 4% 50% 1% i lh 13 34 36 3% 37 Sept. 3 6 Sept. 10 1334 Sept. 14 Sale Sale Sale Sale 35 38 ~00~' 88% 00 Sale 30% 31% 234 40% Sale «IM 55% 37 Sale 112 107% 48% 46% Sale 2834 20% Sale 117)6 117% Sale 6% Sale 60 57 53 36 18 1754 Sale 2% 2)4 Sale 112% 112 111 3% 3 3% 5 5% 434 334 234 109 88 102 1 13% Sept. 18 37% Sept. 4 3% Sept. 27 40 29 3% 3 51% Sept. 20 88 36 3 53 4% 30% 3 Sept. Sale Sale 3 Sale Sale Sale 110% Sale Sale Sale 2% Sale 3% Sale 334 98 1454 52% 1634 834 2934 13 34 3636 115% 3536 1x2% Jan Jan. Jan. Apr. Jan. Mar Jan. Apr. 17 Mar. 12 Apr. 16 . Apr. 22 wa 5% Sept. 19 1134 Sept. 24 2234 Sept. 18 38 Sept. 26 46 Sept. 23 3 34 Sept. 10 24 54 Sept. 11 28% z2134 8)4 105% 3 54 3834 30)4 June 34 June 17 105 May 32 Apr. 20% May 14 Jan. May 22 127 Sept. 3 102 95 Apr. 7% June 11 Sept. 5 12 Sept.17 67) Apr. Sept. 17 Apr. 24% May 28 36 Sept. 24 17% May 22 22% Mar. Sipt. 9 40% June 25 5636 Jan. Sept. 27 39 Jan. 22% May 21 Sept. 5 8934 May 63% May 23 Sept. 23 Sept. 24 100% May 22 125 % May 14 34% Jan May 21 Sept. 23 15 May 15 22% Apr. Sept. 6i 1134 Jan. 534 May 15 Sept. 24' 23% Jan. 13* May 21 Sept. 24 16 Apr. May 14 Sept. 4 June 27 8436 Sept. 54 Sept. 20 12% Aug. 1^ 2834 Apr. Sep.t 6 1934 May 22 2934 May Sept. 24 99 May 23 123 % Jan. Sept. 5 70% Mar. 5134 May 22 Sept. 25 May 28 20% Apr. Sept.24 24 % Mar. June 10 Sept. 23 2554 Jan. 1254 May 21 Sept. 23 1 236 Jan. May 18 Sept. 5 26 May 22 37% May Sept. 6 118 Sale 1954 May 10 634 Jan. 2 1234 May 23 May 15 3)4 May 15 18 Sept. 30% Sept. 23 54 Sept. 0% Sept. 110 Sept 4 34 Sept. 57% Sept. 554 Sept. 34% Sept. 32% Sept. 10% Sept. 834 Sept. 234 Sept. 6 5 6 24 27 23 30 26 23 Jan. 13% May 27 May 14 34 May 6)6 May May May May 3)6 May 20 Jan. 23 23 5 3% 22 22 21 21 21 23 4 Sept. 19 Sept. 27 38% Sept. 88 Sept. Sept. 234 Sept. 48% S 3pt. 105% Sept. 45 34 Sept. 2734 Sept. 117 Sept. 6% Sept. 53 Sept. i734 Sept. 2 Sept. Ill Sept. 3% Sept. 5 Sept. 2 34 Sept. 88 Sept. 29 25 5 3 3 14 17 12 12 5 14 12 3 3 16 5 5 12 4 100 Mar. 15 Apr. 29 Apr. 8 Feb. 1 Apr. 5 ug. 5 ' 25% 37% 20% 10% rUg' Jan. 5 4 Apr. 30 Apr. 6 Feb. 9 May 6% Jan. 7 5 Feb. 19 May 21 May 21 21 n* 17 Sept.23 Mar 7 2134 Jan. 12% Jan. 5% Apr 10 3 22 13% Apr. 22 Jan. 4 3 23% Apr. 5 Sept. 5 3 1336 Jan. 3 81% Jan. 4 15% Jan. 9 2654 Feb. 52% Mar. 13 1% Feb. 21 Feb. 21 24 18 3 23% Apr. Apr. 17 634 Mar. 6 3 40% Jan. 6 Apr. 4 45 May 1 91 Aug. 1 32 36 May 9 3 3)4 Jan. 23 75 21 21 16 22 28 23 1 3 21 19 % Apr. 40 Jan. 4 June 10 11836 Jan. 5 42% May 20 May 105% May 5 May 48 June 17 Aug. 1% May 106 20 15 3 5 20 25 27 3 4 8 22 5% May 21 4% May 21 17% May 28 2)6 May 24 May 22 63 39 May 22 9 May 21 14 May 21 50% July 25 1 3 10 10 Sept. 30 1734 May 21 434 May May 1136 May 34 July 2 34 May 20% May 3% May 36% -ug. 75% June 22 % May 2 May 39 % May 18 21 12 % May 22 3 7% July 11 9 2 9 13 28 111 23 5 12% Sept. 30 5% Sept.16 10% Sept. 23 5 Sept. 5 0% Sept. 23 73% Sept.19 1234 Sept. 27 18% Sept. 1 51% Sept. 20 134 Sept. 25 734 Sept. 24 15% Sept. 4 14 34 Sept. 24 37% Sept. 4 434 Sept. 5 37 Sept. 16 4% Sept 6 30% Sept. 18 80% Sept. 24 32 34 Sept. 6 3 Sept. 18 57 Sept. 24 110 Sept. 13 4954 Sept. 25 30 34 Sept.24 119 34 Sept. 28 7% Sept. 24 60 Sept. 28 10% Sept. 23 234 Sept. 6 112% Sept. 6 3% Sept. 5 554 Sept. 6 234 Sept. 12 00% Sept. 5 11 24 30 2436 Sept.11 3 114 54 24 6 6 2 7 1336 2336 3934 5336 21 Bush 1,020 4,200 Feb. Apr. Apr. Apr. Apr. Apr. Apr. 102 103% 112 j," "31" 5 * 1 Sale 11154 Sept. 11134 120 734 Sept. 8% 8)4 12 Sept. 2934 Sept. 31% Sale Sale 19 Sale Sept. 19 Sale 53 Sept. 52 53% 55 134 Sale Sale " 834 Sale 18 1636 13 1154 17% 5634 Sale 16% 4% 534 934 • Sale Sale 1634 Sept. 5 454 Sept. 5 554 Sept. 5 10 34 Sept. 5 49 Sept. 24 11% Sept. 6 6% Sept. 25 26% Sept. 6 8.34 Sept ...6 3054 Sept.23 113 34 Sept. 26 z6 Sept, 6 106% Sept. 24 Sale 534 934 *41 Sale 100 * * * 1 Add/Mach Sept. 23 14 Sept. 5 11% Sept.19 15 Sept. 24 22 34 Sept. 5 107% Sept. 7 Sept. 47% Sept. 64 Sept. 115% Sept. 534 Sept. 2)4 Sept. 15 Sept. 4)6 Sept. 112)6 2336 106% Sale Sale 4 19 5 100 * Cgr. Terminal Bldgs— Depos. ct». 7% pref 53 Sept. 14% Sept. 3 34 Sept. 454 Sept. Sale Sale 934 Sept. 10% z41 Sale Sept. 46 Sale 10 Sept. 1034 Sale Sale 6 5% Sept. 6% Sale 25 Sept. 25 26 34 25 Sale 754 Sept. Sale 27 54 Sept. 28% Sale Sale 113 34 Sept. 112% 115 115 24 Sept. 23 2434 2436 112 106 106% Sept. 112 1554 22 * Bucyrus-Erie Co 7% preferred Budd (E G) Mfg. Bush Term 11% Sale n* 01% Sept. 10 1834 Sept. 5 Sept. 12% Sept. 10 Sept. 13% Sept. Sale 14% 68 64% 120 116)4 117 6% Sale 536 636 334 Sale 234 Sale 1934 Sale 1736 Sale 4% Sale 454 Sale 62 1534 Sept. 49 51% 114 Sale * . 70% Sept. 24 87 88 34 Sale 22 Sale 2134 Sale 108 107 107% 110 Sale 7 7% Sale 48 47% Sale ..3 * * * Bristol Myers Co -5 Brooklyn & Queens Transit-.* Bklyn-Manhattan Transit—* $6 preferred series A * Brooklyn Union Gas... * Mills/Corp Sept. 23 Sept. 26 72 70 35 Sale 82,100 Brewing Corp of America. 264,700 Bridgeport Brass Co Burlington Burroughs 6 34 534 Sept, Sept. Sept.12 68 80 33% 88% 1634 50% 13% 10% 6334 Sale 330,200 Briggs Manufacturing 8,200 Briggs & Stratton Wheel 102 6% Sale 75 70 36 7% preferred. —100 Bigelow-Sanford Carpet Inc..* Black & Decuer Mfg Co * Blaw-Knox : * Bliss & Laughlin Inc..—-—5 BloomingdaJe Bros * Blumenthal & Co pref 100 Boeing Airplane Co * Bohn Alum & Brass Corp 5 Bon Ami class A.. * Class B * Bond Stores Inc 1 Borden Co (The) 15 Borg-Warner Corp — --5 Boston & Maine RR 100 Bower Roller Bearing Co 5 Bullard Co Sept. 23 5 534 Sept. 24 8 34 Sept. 82 7036 Sale Budd Sale 1536 4% 35% 6 110% 07% June 4 734 May 21 35 64% May 21 68 4 58% Jan. 43* 2234 May 21 6% May 22 3 34 May 22 06% Jan. Sept. 24 Sept.16 Sept. 5 Sept. 9 Sept. 5 Sept. 6 37 32% Sept. 12 8 Sept.16 434 Sept. 16 834 5% 34 52 30 Bulova Watch 46 63 20 Inc Brunswick-Balke-Coll. Highest Sale Prices 95 70 5 63 Lowest Sale Prices 0% Sept. 4 1154 2 2 Sept. 16 2834 Sept. 30 30% zl05 Sept. 9 zl05 534 4% Sept. 4 41% Sept. 14 47 Sale 8 Sale Brown Shoe, Sale 30 Sale Sale 87,300 4,200 130,200 135.500 3,140 221,500 20,820 236.300 137,000 57,900 240,600 162,800 113,600 108 36 Prior pref $2.50 div ser '38.* 7,600 * 36,500 Best & Co 1,681,600 Bethlehem Steel Corp (Del)--* 1,048,300 105 % 4% 45 Sale 24,100 Belding-Heminway * 540 Belgian National Rys part pref 5 756,200 Bendix Aviation Corp 83,000 Beneficial Indus Loan Corp..* 20,500 273,100 Sale 29 3334 834 434 Sale 51,600 31,100 34,000 178,500 11,800 2% 2 236 Sale 104 12 10% 10 2 Highest Sale Prices % 5 280 Beech Creek KK Co 7,000 Beech-Nut Packing 50,100 490 1st 69,100 Beatrice Creamery 5,900 56,700 241,200 331,400 9,800 44,300 7,700 19,500 16% 7% * 5%% preferred.,, 204,000 Barnsdall OirCo._^ 95,200 Bayuk Cigar Inc 2 2 * * 3 Barker Bros— -3t050| 4.470 600 * 883,900 Baldwin Loco Wks vt tr ctfs_13 Baltimore & Ohio— 100 4% preferred 100 Bangor & Aroostook.... — 50 5% conv preferred 100 Barber Asphalt Corp —10 250,400 90,800 33,300 .10,090 61.900 16,900 80 "4", 500 100 5% conv preferred Austin, Nichols & Co $5 prior A 1,216,300 Aviation Corp (Del) The, 460 700 65 6334 123)6 12354 6% * -• Atlas Tack Corp 980 3,900 12,100 67,500 A—100 108)6 109)4 834 Sale 5 47% Sale 50 Atlas Powder 1,220 879,100 76,500 4,800 20,300 38,400 25 Refining 4% conv pref series Atlas Corp. 8 20% Lowest Ask Ask Bid Bid 20 AtlG& WISS Lines 30 4,800 Sale 3734 Sale 10 34 1056 934 0% 06% 10154 8 834 75 77% 77 % 78% 36% 30% 95 07% 24% Sale 50 54 Sale 22)4 Sale 100 5% preferred Sale 58 52 100 Fe Sale Atlan Coast Line RR 320 600 106% 5% 47% 100 5% preferred. Atchison Top & S 120,000 6,700 3,800 18,100 25,300 1334 A P W Paper 800 500 Ask Bid Sale Prices Sept. 30 Sept. 3 Par 10,100 20,800 18,100 12,500 692,800 1 Jan. 2 N. Y. STOCK EXCHANGE In September range since jan. prices in september Price STOCKS 4 56% Jan. 21 35% Apr. 29 22 11936 Sept.28 15 21 15 15 15 June 12 ft* 26% 334 114% 554 1136 2% May 18 4 May 21 6 234 Aug. 29 4 100 88 Sept FeD. 15 May 1 Apr. 22 Mar. 3 9 Apr. 5 Jan. May 10 Mar. Apr. 7 16 AQQREQATB SALES PRICES IN Price STOCKS Sept. 3 Pa* Bid I 143,7001 Cerro de Pasco Copper .* 135,700 Certain-Teed Products 1 77,310 6% prior preferred 100 10,500 Chain Belt Co I ——• Champion Paper & Fibre Co-— 1,600 6% preferred —-100 40,000 Common——.-----——---41 24400 Checker Cab Mfg 5 109,300 ^Chesapeake Corp— * 376,200 Chesapeake & Ohio —-25 7,400 Preferrea series A -100 6,400 tChic m East ill BB 6% pf.100 1 Chicago Great Western— 30,900 4% preferrea 100 19,800 Chicago Mail Order Co—---§ 48,500 JChic Milw St Paul & Pacific.* 93,400 $5 preferred 100 106,200 JChicago & North Western.100 15,800 Preferred 100 83,000 Chicago Pneumatic Tool——* 10,200 $3 conv preferred * 4,600 Prior pref ($2.50 cum olvsj * 20,100 tChicago B I & Pacific 100 8,400 7% preferrea 100 9,300 6% preferred 100 8,900 Chicago Yellow Cab—....— * 56.500 Chickasha Cotton OU 10 90,700 Childs Co * 1,120 Chile Copper 25 1,082,300, Chrysler Corp 5 50,400, City ice & Fuel——, 7,170 6k preferred 100 170 City Investing Co —-100 21,600 City Stores..—— 5 67,200 Clark Equipment * 80 C C C & St L By Co 100 180 5% prelt:rred 100 3,710 Cleve Klec 111 $4.50 ser pref—* -—67,100 Cleve Graphite Bronze (The) .1 710 Cleve & Pitts BB Co 7% gtd-50 210 Special gtd 4% stock—--50 Climax Molybdenum Co.....* Oiuett Pea body & Co.——--* Preferred—, ...100 Coca-Cola Co (The) * 184,800 277,700 1,300 45,400 Class A-••••••••••* 5,400 385,800 Colgate-Paimolive-Peet Co—* $4.25 preferred — * 2,600 60,400 Collins & Aikinan———4 o Vo conv pre,erred .100 2,840 69,700 Colorado Fuel & Iron Corp..* 3,080 Colorado & Southern.-.-.. 100 4% 1st preferred 4% 2d preferred 740 Columbia Broadcasting 10,960 ...100 100 System Inc class A...-.2.50 92.300 Class B 2.60 58,600 * 992,200 Columbia G..s & El 6% preferrea series A. _-100 30,200 5% preferrea 100 1,370 22,700 Columbian Carbon v t c—... * 46.600 Columbia Pictures Corp v t c_* $2.75 conv preferred—.— * 15,000 166.300 Commercial Credit.......—10 4)4% conv. preferred—.100 5,500 183.420 Comm'i Investment Trust...* $4.25 conv. pref ser of 1935-* 5,800 766,200 Commercial Solvents....—.* 1,364,700 Commonwealth & Southern..* 38 Ask Sale 6k Sale 32 k Sale 1954 20k 100 8% preferred— 20 191,400 Continental Can $4.50 preferred—. * 9.000 65.800 Continental Diamond Fibre..5 91,800 Continental Insurance.. ..2.50 1,351,700 Continental Motors 284,600 Continental Oil of Dei.. 47,800 Continental Steel Corp... 294,500 Copper weld Steel Co.. Conv pref 5% series 33,400 17,360 140,900 5,000 273,300 119,900 Corn Exch Preferred.. Befining ..... Sale Coty inc Coty International Corp 1 1 25 5% conv preferred .100 Creaiu of Wheat Corp (The)..2 Crosley Corp (The) * Crown Cork & Seal—._....* $2.25 conv pref w w—....» Preferred ex-warrants.. Crown Zeilerbach Corp......5 $5 conv preferred * Crucible Steel of America—100 Preferred— ...100 Cuba BK 6% preferred.... 100 Cuban American Sugar..... 10 Preferrea .......100 Cudahy Packing Co 30 Cuneo Press Inc 5 Curtis Publishing Co (The)..* Preferred * Curtiss Wright Corp 1 225,200 Crane Co 13,640 21,600 26,600 214,600 3,570 11,400 450,700 10,820 242,800 24,000 3,180 296,500 8,240 34,800 28,000 123,400 73,500 2,407,900 513 655 150 Ciwh^an Sdns"7% "preflIII100 58 preferred 73,800 Cutler-Hammer Inc.........* 7.400 Davega Stores Corp.........6 3,700 Conv 6% preferred 25 38,400 Davison Chem Corp (The)... I 1,940 Dayton Pr & Lt 4k% pref. 100 For footnotes see page 40. Sale 16k 4k Sale 38 k 4^8 40 96 Sale 94*4 lk 8it Sale c 22 97 lk 31k 47 k 9 Sale k Sept 11 Sale *4 Sept 10k Sept 32*4 34 Sale 32 Sept 44 k Sept Sale k Sept k Sept As Sept 9*4 Sept 10k Sept 2 k Sept 21k Sept 74k Sept 9k Sept 85 Sept 44 Sept 2 k Sept 32 Sept 124 Sept 63 Sept 112k Sept 32k Sept 78 Sept 46 k k 9^ X2k Sale Sale 10*4 12 2*4 25 20*4 78X8 Sale 9*4 Sale 85 44*4 55 3 3k 33*4 Sale 118 Sale" 62 k 65 18*4 Sale Sale "i»k Sale Sale 5 Sale Sale Sale Sale 78 9|k Sale Sale Sale 105 Sale HO *4 Sale Sale Sale Sale 9*4 Sale 8 *65" Sale Sale 113 113*4 Sale 33 34 k 79k 47k 85*4 78 Sale Sale 142 Sale 59 Sale 1 61 Sale 2k 3k 16k Sale 13k 12k 12k 12k 23 k Sale 9k Sale Sale 18 ioik Sale Sale Sale 94*4 7k 2k 6k lk 21 9k Sale 10 72, Sale M 2k 16k 13 12 k o Sale lh Sale a Sale 74 69k Sale 82 k Sale 5k Sale 26k 107 106*4 k k Sale 7k Sale 2k Sale Sale 6 Sale Sale 2k 5k lk lk 4k lk 4k 3 18 k 14k 101 101k 101k 102 k 101k 13 k 14k Sale 14*4 Sale 8k 9k Sale 8k Sale 3 14*4 k 79 a W Sale 17 k Sale 80 * 81 k 84 k 80 Sale Sale 180 Sale 5 Sale 176 5 k As Sale Sale 20 Sale 105 Sale 98 Sale 99 23 24 Sale Sale Sale 20k 4k 25k 40 Sale 40 Sale 87 Sale Sale 30k 97k 3k 4k Sale 66 Sale 27 k 4k 27 Sale 41 Sale 37 Sale 15k Sale Sale 85 88 30 4 Sale Sale Sale Sale Sale 91*4 94 2 « 4k 68 2k Ilk Sale 22k Sale 2 Sale Sale 40 k Sale Sale 8k Sale Sale 113k 35 80 30k 35 k 140 111 61 Ilk 102 29k 111 21k 2k Sept k k As 7k 9 May lk Aug. 20 Aug. 53 k May 9k Aug. 85 Sept. 44 Sept. 2 24 124 56 108 6 Sept 7 18 28 Sale 90 70 60 Sale 42 19 3 80 56 16 Sale 5 Sale 110 21 41 15k 10k 24k lk 46k 7k 27 68 39*4 19k 20 k Sale 4k 16 18 6k 5k 111 110 May May July 88 7 20 5 24 23 4 25 5 5 26 6 24 24 11 5 10 11 16 25 6 13 5 11 27 5 7 24 24 6 5 25 May 21 ilV* 74 May 16 80 46k May 16 48 25 k May 22 41k 25 k May 21 45 k 131 May 22 142 99k May 21 131 56 May 24 63 20 10k May 21 16 May 21 May 21 4k May 22 67 k May 28 59 June 3 71 May 29 3k May 21 14 k May 24 27 k June 10 16 95 32 97 June May k May 42 May 25 k June Sale 18 Sale 111 19*4 3k 16*4 5k 111 Sept Sept Sept Sept Sept Sept 26112 " Sept Sept Sept Sept Sept Sept Jan. Mar. 2 Jan. 9 Apr. 3 Jan. 3 Mar. 28 Apr. 15 Mar. 25 Apr. Apr. 3 8 Jan. 26 Feb. 6 Jan. 30 Apr. 26 Mar. 8 Mar. 28 Mar. 26 Apr. Apr. 1 4 Feb. 14 Mar. 30 Feb. 27 Feb. 21 22 21 10 2 k May 22 May 18 Jan. 15 10 June 12 17 k June 10 7 k Jan. 29 63 75 May 29 May 29 4 k May 21 23 May 21 97 k May 21 k v ug. 26 5*1 May 22 2 k May 23 5k May 22 1 June 6 2 k May 21 8 k May 22 93 k May 22 9k May 21 7 k May 21 5 k May 16 18 70 24 33 42 26 k Mar. 12 26 k Mar. 12 7k Apr. Apr. 8 8 Jan. 26 W* 79 Mar. 6 16k Apr. 5 lk June 28 73 k Jan. 8 33 Apr. 8 4 113 21 14 8 75 42 4 98 k Apr. 4 8k Mar. 15 23 k Jan. 29 48 Jan. 3 June 13 108 k Feb. 21 June 10 56 Apr. 8 8 a 80 24 94 June 10 102 Sept. 24 16k May 21 35k Apr. 8 108 May 23 112k Feb. 10 24 12k May 21 May 10 1 Sept. 17 Apr. 4 lk Sept.26 Apr. 4 5 lk Sept.26 Apr. 4 5 42 Sale Jan. Jan. Jan. Jan. Jan. Jan. Jan. Apr. 18 8 124 July 8 June 19 Mar. 6 65 May 21 114k Jan. 10 21 40 k Sept 8 26 Sept Sept Sept Sept Sept Sept Sept Sept Sept 3 k Sept lk Sept 13 15 15 21k May 28 2k 21 12 k 28 k 28 13 21 15 14 k 21 22 50 20 k 23 20 21 Ilk 21 16k 28 6k 16 28 15 14*| 26 98 16 *60 15 4k 21 40 k June 173 29 k 124 65 41 May May Feb. Feb. May May May May May May July Sept. May May 11 115. Sept 11 106 j May 5 6 k Sept 4 k May 6 27 k May 36k Sept 5 3 k Sept 2 May 6 19k Sept 16k June 6 25 k Sept 18k May 20 k Sept 24 15 k Mar. 47 59k Sept 24 May 41 50 k Sept 24 May 53 k Sept 30 44k May 190 165 May Sale 5 5 k Sept Sept 4 May As Sept k Sept As Sept, Sale • 17 k Sept 13 June 21k Sept Sale 97 Sept 75 June 99 Sept 21 19k Sept 24 k Sept 19k Sept, Sale 4 k Sept 4 k Sept 3 k May Sale 25 k Sept 28k Sept 18k June Sale 40 Sept 41 36 Sept July 43 39 Sept 40 37 k June Sept Sale zl4% Sept 12 16k Sept May Sale 85*4 Sept 89 75 Sept May Sale 28 Sept 32 k Sept 25 May Sale 90 Sept 97 k Sept 64 May Sale 2 k Sept 3*4 Sept lk May Sale 4 Sept 5 k Sept 3 k UK. Sale 66 Sept 70 60 Sept May 10 k Sept Ilk 12 k Sept 9k May Sale 22 k Sept 19 k June 24*4 Sept Sale lk Sept 2 Sept lk Sept, Sale 40 k Sept 31 June 48k Sept Sale 7 k Sept 8 k Sept 6k July Sale 25 Sept 28 k Sept 21k May Sale Sale k 6k k k k k 8k 23 k Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept Sept 3k Sept Sept 18k Sept Sept 13k Sept Sept 12k Sept Sept 24k Sept Sept Ilk Sept Sept 71 Sept Sept 30 86 Sept Sept 3| 6k Sept Sept 13 29 Sept 5 108k Sept Sept Sept 27, k Sept Sept 16 8k Sept 3 Sept Sept Sept 30 Sept 3 Sept lk Sept 9 Sept 4k Sept 3 Sept 19k Sept Sept 20103 Sept Sept 14k Sept Sept 10k Sept 1 Sept Sept Sept 83 Sept 180 115 89 44k 3k 34k Sept Sept Sept Sept Sept Sept 39k Sale 37 k Sept 39*4 Sale 115 113k 115 Sept 113k 115 6 6k 6 6k Sept 6k Sale 36 35k Sept 35*4 Sale 3 k Sept 3k Sale 3k Sale 17k Sale 17k Sept 18k Sale 22 k Sept 23 k Sale 23k Sale 18 Sale 19k Sale Sept 59 k Sale 58 55 Sept 55 48 48 Sept 50k 49*4 Sale 53 k Sale 50 Sept 50*4 Sale Sale 2F8 8 k Feb. 36 k Feb. 22 106 May 9 22 30 k Apr. 18 10 29 k Mar. 23' 22 4k Apr. 3 28 42 k Jan. 8 84 k June 17 97 k Jan. 16 k May 15 2 k Jan. 3 Sept As Sept Sept 81k 10k 22 k May 24 3 k May 22 Sale Prices 41 k Jan. 10 99k June 17k May 10 k June 3 k May 30k May Sept Sept As Sept Sept k Sept % lis 33 2k 3y 17k Saie 14 13k 12k 12k 23 k Sale 82k 6k Sale 26k 105*4 107k 106k Sale Sale Sept Sept Sept Sept Sept Sept Sept Sale 19k 5 19k 18 k Sept 20 20k Sept 4 19k Sate 18 k Sept 19k Sale 20k Sept 5 k Sept 5k Sale 6 5k Sale 6k Sept Sale 79 6 79 82 Sept 80 k 83k Sept Sale 72 5 69 Sept 72 70*4 Sale Sept 83 84 77 77k Sept 76 83 Sept 28 4k 4k 6 4k Sept 4k 4k 5k Sept 19k 20k 6 19 18k Sept 22 18k Sept 31k Saie 6 30k Sept 33*4 Sale 35k Sept 95 98k 97 Sept 99 k 95 Sept 11 ,100 36k Saie 36 7 Sept 28! 42 38k Sale Sept 102k Sale 6 102k Sept 30 105k Sept 103 k 105 9 k Sept 10k Saie 5 9k Sale Ilk Sept Sale lk Sale 3 lk Sept lk Sept lk 57 k 6 56 Sept 61k 56k 62 k Sept 60k 30X8 Sale 6 30 k Sept Sale 31 31k Sept Sale Sale 46 Highest 15k May 21 15 May 28 Sept 139 Ilk Sale 99 k look Sale 26 k Sale 27k 22 109*4 111k 109 111 Sale 21k Sate 17 2 1 2 3 1 lk Sale I lXs Sale 3 lk 2 4k> lk lk 2k 6 Sept Sept Sept Ilk Sept Sept Sept 105k Sept 58 k Sept 11 Sept 99k Sept 59 Sept. 33 k Sept 27 k Sept 140 Sale Sale Sale Sale 29 k 34 137 110 Sale Sale 1 As Sept a 63 96 Sale Sale W 23k 17k 4k 41k lk Sale* Sale 13 103 k Sept 8 k Sept k Sept k 8k 8 124 113k 32*4 76*4 47 28 35 133 105*4 58 Ilk 98 24*4 109 17*4 94 k Sept Sept Sept Sept Sept Sept 28k 5k 33 k 21k lk Sept > Sale 33 23 19 1 k • 77 k 45k 3914 Sale" 35J* Sale 130*4 101 Sale o 76 24k Sept. 14 4k Sept 21 Sept 20k Sept 16*4 4k Sale .Sale.. Lowest 21*4 10*4 Sale 2k Sale 25 20 k 75 k Sale 10k Sale 90 86*4 44*4 3*4 Sale 35*| Lowest 16*4 438 & 113k 114 k' Highest Sale Prices 23 n* Sale .100 102 k Sale As Sale —25 Sale 5 k Sale 32*4 Sale 21*4 Sale Sale Sale 1 Bank Trust Co..20 Corn Products Sale c 5 * 5 50 21 19 28 k 92*4 lk Sale 18,500 Sale Sale Sale Lowest Sale Prices Ask 41 13,600 Conde Nast Publications.....* 68.800, Congoleum-Nairn Inc * 39,700,Congress Cigar....... .* 9,200 Certificates of deposit 10 283,500,Consol Aircraft Corp 1 132 500 Consolidated Cigar..... * 1,990 7% preferrea 100 3,670_ 6H% Prior pref. .100 568.000 Consol Coppermines Corp 5 781.900 Consol Edison Co of N Y Inc.* 50,300' $5 preferred... * 20.300iConsolidated Film Industry.. 1 46,300 $3 partic preferred-... * 52,400 Consol Laundries Corp—...5 682.200 Consolidated Oil Corp. * 15,400 Consol Bli of Cuba 6% pf.100 47,4001Consolidation Coal Co v t c.25 9,600 5% preferred v t c 100 11,100 Consumers Pow Co$4.50 pref.* 193,800 Container Corp of America..20 Class B '24k 4*4 23 k 4\ Sale 11 t onn' 117,300 Continental Baking Co Class A * Sept. 30 Ask Bid Bid 103 22 14 $6 preferred * 75.300 974,200 Commonwealth Edison Co..25 113.600 RANGE SINCE JAN. 1940 Jan. 1 Shares SEPTEMBER Jan. 2 N. Y. STOCK EXCHANGE Since " 33 N. Y. STOCK EXCHANGE—STOCKS Oct., 1940] 6 k Jan. 24 k Feb. 3 17 13k Sept. 24 12 k July 8 31k Apr. 15 16 Apr. 8 92 Apr. 9 95 Apr. 5 9 k Feb. 21 32 k Apr. 5 110*1 Mar. 25 lk Jan. 3 10k Apr. 4 4 k Apr. 4 8k Apr. 9 2k Jan. 3 4k Sept. 24 19k Sept. 24 104 Feb. 7 19 k Apr. 24 15 k Jan. 10 lk Apr. 4 97k Jan. 10 49 k Apr. 9 31 116k Jan. 26 21 9 k Apr. 9 40 k 4 k 25 21 33 16 25k 21 70 28 61 k 21 65 k 25179 21 7k 28 1 k 5 24 k 13 105 271 32 k 221 7 k 11' 38 k 17 45 12 43 k 22 21 k 21 95 k 21 43 k 21 97 k 24 4k 15 8 k 21 91 k 23 17 6 29 k 25 15 Mar. 10 Jan. 5 21 17 25 21 June 10 Sept, 7 Feb. Apr. 8 May May Jan. Jan. May Apr. Apr. Jan. 8 8 3 Jan. 5 Feb. Jan. Apr. 5 2 3 Feb. 26 Apr. May May May Sept. Jan. May Feb. Apr. Feb. 4 k Jan. 51 May Ilk Mar. 32 k Mar. 92 60 22 k 14 k May 15 3 May 21 5k 17 13 k May 22 8k 3k May 22 107 June 13 113 k 5 2 Mar. 4 8 8 5 3 4 4 9 10 23 6 10 24 22 24 4 4 8 14 9 May 10 Apr. 30 Mar. 7 Apr. 27 Apr. 4 Apr. 12 EXCHANGE-STOCKS N. Y. STOCK 1940 Par ]hare 20,: 21. 30,. 18,1 60,1 146J 11. 11, 12,. 91, 161, 433,: 90,; 320,1 242,< 96, 3,; 311, 41,' 3, 535, 43, 137, 1, 168, 16, 300, 551, 29, 478, 305, 135, 42, 24, 59, 12, 2, 413, 19, 11, 5, 52, 34, 41, 9, 29, 163, 244, 5, 7, 112, 90, 37, 1, 13, 4, 76, 23, 24, 6, 22, 66, 61, 11, 37, 144, 28, 5, 40, 3 27 1 98, 1, 29 1 161, 35 102 32 20 Partic 6% 2 34 166 31 22 34 6 ,249 234 6 77 ' 36 11 ,882 36 22 126 37 1 Sale Sale Sale 42% warrants—100 77 Sale * Dixie-Vortex Co 35 Olctss A Doehler Die Casting Dome Mines Ltd Douglas Aircraft Co Dow Chemical Co Co——* * Sale Sale 18% * 17 1 7% 13 117 120 14.50 preferred Duquesne Light 5% Eastern Airlines Inc 1st pf-100 117 % 30 1 . 39 49 4 2 5 Electric Auto Lite (The) Electric Boat 38 3 Eaton Mfg Co Edison Pros Stores Inc 15% 29% 15% American shares —* Electric Power & Light 130% -* Storage Battery El Paso Natural Gas Endicott-Johnson * * preferred $6 cum preferred 14 36 13% 4% Erie & Pittsburgh RR Eureka Vacuum Sale Sale Sale 33% Sale Sale 29% % 32 39 107 9% 1% 50 6 Cleaner Co Sale Sale 1 1% 3% 2 76% 80 89 i* 29% % 11 Sept. Sept. Sept. Sept. 12 176 10 125 28 117 12 31% Sale 30% Sept. Sept. Sept. 14 34 13% Sept. 9 13% May 22 Apr. 21 June 10 May Sept.26 Sept. 5 Sept. 7 Sept. 3 Sept. 6 Sept. 25 Sept. 19 Sept. 30 Sept. 28 Sept. 20 Sept. 6 Sept.25 Sept. 5 Sept. 5 Sept. 25 Sept. 5 Sept. 7 Sept.24 Sept. 5 Sept. 5 Sept. 12 11% 8% 2% % 98% 12% 2o% May May May July May May May May May May May May May May May 22 21 21 11 22 21 22 21 15 21 24 15 22 21 22 July 3 Sept.13 Sept.11 Apr. 9 Jan. Jan. Jan. Jan. Jan. 3 10 Apr. 10 32 4% 12% 56% 9% 30% 14 11% 65% 133 5 6 Sept.20 Sept. 25 Sept. Sept. 4% Sept. 5 138% Sept. 23 176 Sept. 12 33% Sept. 23 15 Sept. 26 37% Sept. 5 14% Sept. 24 3% Sept. 130% Sept. 172 Sept. Sale 108 Sale 82 78 82% 92 89 20 Sale Sale % 14 15% Sale 13% Sale 95 28% Sale 18% Sale 13% 13% 2% Sale % Sale 4% Sale 24 86% 85 19 Sale 40 Sale 21% Rubber...-10 20% 6% preferred series A 100 104% First National Stores—--—* 46 Flintkote Co (The) * 20% Florence Stove Co * 34% Florsheim Shoe (The) cl A—* 24 * Sale 99 Firestone Tire & JFollansbee Bros.. % 4% 2% 23% Sale 105 Sale Sale Sale 20 93% 89 14% Sale 35% 20% 11% 14% Sale 95 89% 42 41 % 35 10 10 19 * 72 10 Freeport Sulphur Co— Gabriel Co (The) class Gair Co Inc (Robt) 32% A....* 16 pref--* 102 (The) Industries JLnc_.—3 5 50 Gen American Investors—.._* * preferred Gen Amer Transp Corp 5 General Baking Co -----—5 —* 88 preferred 5 General Bronze 26 34 Sale 31 Sale 1% 2% 12% 19 Sale 99 4% Sale Sale 103 4% Sale 13% 13 50 45 6% 102 56% 7% 6% 103% Sale Sal .i 145 138 3% 3 General Cable Corp Class A ———* 11% 21% ———.100 General Cigar Inc... * 53 General Electric Co ——* 40% Sale * 84.50 preferred * General Gas & Electric cl A * 86 conv preferred A —— * General Mills * 47% Sale Preferred 7% Sale 23 53% 18% Sale 7% preferred----——.100 113% Sale General Foods Corp 5% preferred General Motors Corp 121 117 Sale 93% —— * Gen Realty & Utilities 83 preferred * 100 Corp—1 —— General Refractories Sale 12 55 5% 5 97% 103 Sale 47 6% Sale 150 135 2% Sale Sale 5 13% 59% 18 109 Sale 61 Sale Sale 34% 41% Sale Sale 124 117 3 99 104 49% 6% Sale 137 3% 6% 16% 70% 17% 112 35% 40% 115 Sale 140 aW Sale Sale Sale 18 114 28 91 4 108* 18& 89 % 7 108 Sale Sale 38 Sale % Sale 17% 18% 18 » 32% 14% Sale 25 Sale 26 Sale 15 Sale 10% 24% Sale 11 Sale 19% Sale zl9% 9% 17% Sale 100 Sale 14 79 General Tire & Rubber Co 20 100i 51 5| 85 conv preferred———* 12 Sept 4 29 13 16 82% 22% 6% 47% 8ale 16% 99% Sale Sale 49 Sale 9% 18% 11% Sale 3% Sale 36 34% 42% Sale 36 Sale 36% 4 15% Sept.24 94 Sept. 23 44 Sept. 25 17 Sept. 30 33% Sept. 19 22 13 Sept. 17 14 1% Sept. 6 7 23 Sept.23 22 25 Sept.25 17 28% Sept. 6 Sept. 13 13 106 17" 16% Sept. 26 3 101 Sept.23 3% Sept. 6 30 Sept. 24 33% Sept.25 3% Sept. 30 3% Sept. 5 14% Sept. 24 1% Sept. 2% Sept. Sept. 18 Sept. 99 Sept. 4% Sept. 11% Sept. 3 14% Jan. 5 May 9% June 114 May 146% May 114 May 112% May 25% June 3 117 3 2 8 Feb. 3 Feb. 21 Jan. 8 Apr. Apr. 5 9 Feb. 29 Apr. 23 Jan. 10 May 10 Apr. 9 Sept. 24 Apr. 24 12 Mar. 30 10 Jan. 18 15 28 22 22 Jan. 17 10 May Apr. 8 Mar. Jan. 4 19 8 3 6% Jan. 2 166% Jan. 9 178 Jan. 9 37 Apr. 4 17% Jan, 41% Apr. 16 18% Apr. 20 May June 155 125^ 6 21 June 22 May 10% May 25 May 10% May 20 Sept. 100 Sept. 4 6 5% Sept. 23 12% Sept. 24 %Mayi-22 .3: -May-15 137 2% 5 13% 61% 17% 32% 39% 115 % 28 98 % 15% 23% 10% 24 Sept. 30 Sept. 7 Sept. 13 Sept. 26 Sept. 12 Sept. 3 Sept. 3 Sept. 3 Sept. 4 Sept. 26 Sept. 5 Sept. 13 Sept. 17 Sept. 30 Sept. 3 Sept. 19 Sept. 4 Sept. 4 Sept. 13 Sept. 16 Sept. 23 Sept. 4 Sept. 3 Sept. 23 Sept. 4 Sept. 13 Sept. 5 Sept. 27 Sept. 10 Sept. 12 Sept. 3 Sept. 3 17% 9 26% 11% 42% 20% 10% 20% 100% 13% 3% 6 37% Sept. 13 Sept. Sept. Sept. Sept. 3 Sept. 34% Sept. Sept. 5 Sept. 7 Sept. 26 Sept. 19 6 3 3 3 Sept.24 Sept. 23 Sept.24 Sept.24 Sept. 25 Sept. 19 Sept. 25 Sept. 25 Sept. 4 Sept.10 Sept. 3 Sept. 20 Sept.11 Sept.17 Sept. 23 Sept.24 Sept. 4 Sept. 5 Sept. 5 Sept.23 Sept. 5 Sept. 30 Sept. 30 Sept. 9 Sept. 27 Sept. 23 Sept.21 Sept.30 Sept. 9 Sept.25 Sept. 7 Sept. 7 Sept. 7 Sept. 4 - 18% May 21 15% May 21 x24% June 6 % May 22 26 May 21 35 May 22 102 May 22 5% May 21 63 May 31 66 May 31 84 Mar. 4 97 % May 15 % % May 15 1% 1% May 14 3% % May 15 1% 67% Aug. 7 67% 2% May 25 5 5 May 21 11% 20% Jan. 15 34% % June 13 1 3% June 11 8% 29% June 5 49% 17% May 21 31% 11 May 23 18% 85 June 10 102 16 July 24 28% 12% Aug. 27 15 2% May 15 May 22 15 May 28 79 10 May 27% May 14 Sept. 12% May 84 May 32% May 10% May 24% June 19 May 1% May 6% Sept. 22 Sept. 18% June 8 Jan. 8 Jan. Jan. Jan. 8 8 4 5 Jan. Jan. Apr. 3 4 Aug. 7 I Feb. Apr 25 May 10 3 Jan. Mar. 11 Apr. Apr. Apr. 8 18 3 Mar. 27 Jan. 3 Sept. 23 Jan. 4 Jan. 9 3 Jan. 5 3 Feb. 14 5 3 24 21 22 12 24 28 1% May 2% June 10% May : 12 May : 97 June 3% May ! June 3% May : 94 13 Mar. 19 Jan. Jan. 9% May May 2% Aug. 20 May 24% May 8 10 3 Apr. 21 21 7 21 21 22 22 10 20 15 23 25 10 5 61 Jan. Jan. Apr. June 102 Sept.23 Sept. 23 May 2 5 June 45% June 4% 99% 46% 6% 19% Sale 19 11 10% 9% 18% Sale 18% 101% 104% 100 12% Sale 11% 3 7 12 88 106 13 Sept 103 1 19% 42% 4% 3 25 11 % Sale 16% 15% 110 125 3 3 98 4% 9% 127% 48% 3 11 13 Sale Sale 26 Sept Sept 14 % 12% Sale 89 12 18 14% Sept 35 % 35 9 12 14 106 Sale % Sale 25 r 17% General Telephone Co 3% preferred Sale 2% 14% 15% 18% Sale 98% 100 5 4% 12% 12% 47 50% 4% Sale * General Shoe Corp.———1 Gen Steel Castings 83 pref.—* Gillette Safety Razor 3 13% 12 14 Sale Sept.23 Sept. 24 Sept. 5 Sept. 13 Sept. 26 Sept.24 Sept. 6 Sept. 5 95 Sept. 3 23 Sept.24 15 Sept. 23 3% Sept. 18 Sept. 3 22 Sept. 7 91% Sept. 12 16% Sept. 5 36 Sept. 6 14 Sept. 7 7% 32% % 7% 41% 21% 14% 16 87% Sept 14% Sept 22% 21% Sept 1 % Sept 6% 6% 5s/' Sept 22 21% 24% Sept 25 Sept 28% 29 106% 106% 106 Sept 16 Sale 13% Sept. 98 Sale 82% Sept. 3 2% 3 Sept. 27 30 26 Sept, 30 32% Sale Sept. 3 Sept. 19 Sept." 6 Sept. 23 Sept. 23 Sept. 5 Sept. 7 Sept. 25 Sept. 25 Sept. 26 Sept. 6 Sept. 23 Sept. 23 Sept. 23 Sept. 12 Sept. 7 Sept. 6 Sept. 21 4 11 Sept 30 89% 87% 127 128 129% 128% Sale 49% Sale 45% 126 126 126% 127 43 49 49 46% 4% 4% 4% 4% Sale 7 7% 7 109% 100 106% 106% Sale % % Sale 15% Sale 11% * 125 128 Advertising A—* 39 36% 83 preferred 3% Sept 6% Sept 29% Sept % Sept 4% Sept 35% Sept 18% Sept 13% Sept 94% Sept 18% Sept 13% Sept 2% Sept % Sept Sale 91 85 preferred .———* 10% 47 1% Sale 40 --—.100 128 10 54 General Printing Ink--——-1 Sale Sale 3 91% % 1 % 2% 1% 28 1% 26 107 14% Sale 84 % Sept. Sept. 1% Sept. 1 Sept. 89 22 82% 78 Sept 41% Sept 91 1% Sale 14% 90 41 2 5% 9% 1 21 Sale 10 * 15% 24 Sale —.1 preferred 15 14% 35% 20% Sale 32 80 108% Sept. 19 90 17 35 30 14 31 Sale , 4% 88 35 Sale 28% Sale 25 7% conv preferred 19 15 105 Francisco Sugar Co —* Franklin Simon pref—--..100 Sale 27% 20% 34% Foster- Wbeeler 3 Sale preferred.—.100 106% 107 % 33% Sale 1% 1% Sale 1% 1% 67% 80 3% Sale 7% Sale 30% Sale % Sale 6% 7 39% Sale 19% Sale 12% 13% 95% 104 20% 21% 14% Sale Sale ,.100 5% conv preferred Food Machinery Corp— % 1 43 Sale 10 Follansbee Steel Corp 1 42 81% Sept. 85 % 1% 77 % 5% 39% 35% 30% 33% Sept. 75 Sale 38 6 Sale 73 1% Sale % 1% 80 63% 3% Sale 6% 32 Sale 7% . Sept. Sept. Sept. Sept. Sept. 39 Sept. 106% Sept. 7% Sept. Sale Sale 1 4% Sale Sale 1% % Sept. 5—Sept. 34% 31% 28% % *32% 42 Sale 40. Sale 35 27 Fajardo Sug Co Porto Rico._20 Federal Light & Traction—15 86 preferred-* Federal Mining & Smelting.__2 Federal-Mogul Corp 5 Federal Motor Truck— * Federal Water Service A * Federated Department Stores.* 4%% preferred-. 100 Ferro Enamel Corp 1 Fidelity Phenix Fire Ins..2.50 Filene's (Wm) Sons Co.. * Gen Outdoor Common Sale 4 Sept. 25 164% 123% 115% 28% Sale 39% 5 Sale 86 Sale 33 4% 39 % Wood 10 33 Sale 3 —5 Corp Gamewell Co Sale % 1 5—Sale37% Sale 33% Sale 28% 30 % 1 .5% Sale- Sale^ Exchange Buffet Corp— Fairbanks Co 8% preferred-100 Fairbanks Morse & Co ---* 83 7 133 % 3% 8% 23% Evans Products 4%% conv Sept. Sale 170% 176 33% Sale 15 15% 14% 36 Sale Sale 14% Sale Sale 37 93% lH Budding----* 100 1st preferred --.100 2d preferred 100 Ex-Cell-0 Sale Sale Sale 88% Equitable Office jErie RR 4% Sale 176 31% Sale * Sale Co——3 43 ---50 5% preferred—— 100 109% 110% 11% Sale Engineers Public Service 1 $5 conv preferred-* 79% Sale Elk Horn Coal Corp——— 85.50 Sale 173 Sale 4% Sale Sale 28% IVs 41% 41% — &6 preferred Electric 22% 6% 10% 27 $7 preferred Gen Theatres Equip Corp. • Gen Time Instrument Corp—* Sale 135% 3% Sale 22% 7% 6% 12 10% 113% Sale 174% 124% 125 117% 116% Sale 31% Sale 4 Sale 17 Sale Sale 1% 7% 31% - 67 33 Sale 77 ■ 11% 35% 20% 16% 78% 148% 4% 23% 8% Prices Sept.30 Sept. 25 Industries— Elec & Musical 84 242 15% Sale 29% Mills 5 5% 6 Eastman Kodak Co of N J---* 166 % Sale 176 6% preferred 100 173 General Railway Signal-6 % preferred—- 73 Sale 116% Sale Eastern Rolling General Public Service———* 1 Sale 74 18% Sept. 14 14% Sept. 4 73% Sept. 12 133 Sept. 13 3 Sept. 11 21% Sept. 12 Sale 20 167% 123% Sale 122 19 Lowest Sale Prices 22% 25% 17% 14% 4% % 113% 17% 29% 39% 8% 17% 17% 16% 16 16% 13% Sale 12% Sale 3% Sept. 12 3% Sale .3% Sale % Sept. 30 % Sale % Sale Sale 2:108%Sept. 26 110 113% Sale Sale 13% Sept. 17 17 13% Sale 27% Sept. 13 28% 28% 29% 28 Sale 36% Sept. 5 39 36% Sale 6% Sept. 4 8% Sale 6% 6% 16% Sept. 9 17% Sale 16% 17% 70% Sept.30 70% Sale 70 75 11 10% Sept. 19 11% 10 10% 35 Sept. 4 37 32 35 34% 112 Co (E I)-20 182 % Sale Du Pont de Nem & 25% Highest Highest Sale Prices Prices 16% Sept. 13 23% Sept. 17 16% Sept. 16 12 Sept. 4 Sale 25 75 141 17% Sale 12 ---* 100 Duplan Silk 8% preferred 75 76 22% Sale Rights. Dresser Mfg Co Dunhill International 20 24 Sale 15% Sale * ---* Inc Gaylord Container Corp 5)4 % conv preferred 98 Sale 9 Sale 16 4 Sale Co—2 Ltd * 72 66 Sale preferred---—25 Distil Corp-Seagrams Gar 1 Sale Diamond T Motor Car 5% pref with 16% 24 26 Preferred Sale Ask Ask Bid Bid Sale * 20 Deisel-Wemmer-Gilb Corp.-10 Delaware & Hudson 100 Del Lackawanna & Western.50 (:Denver Rio Gr & West pf.100 Detroit Edison 100 Devoe & Raynolds A * Diamond Match * Deere & Co Gannett Co Inc conv 86 45 Ask Lowest Sept. 30 Sept. 3 34,: 21,! 204,' 159,' 7, 1 Jan. 2 EXCHANGE fU/*• 255J RANGE SINCE JAN. SEPTEMBER PRICES IN Price STOCKS N. Y. STOCK June Jan. Jan. Jan. Jan. 2 5 Apr. Mar. 26 Apr. 4 Jan. 9 Sept.23 Sept. 25 9 Jan. Apr. 4 Apr. 29 Sept. 23. Apr. 18 Jan. 29 Apr. 15 Sept. Apr. Apr. Sept. Mar. 30 24 30 4 27 Apr. 22 Apr. 24 May 3 Apr. 4 Mar. 20 35% May 5% May 18 May 1% May 4% May 11 % May 48% Feb. 12% May 02 May 26% May 36 May 11% May % May 28 Sept. 77% May 18 May 37% May 16 May 32% June 3% June 5% May Jan. June Jan. June June Jan. May Jan. .00 % 9% 86% % 13% July 20 10 May July 14 May 16% May 7% May 13% May 98 Feb. 10% May 3 Sept. 33% May 3 Jan. 8 Jan. 4 Sept.23 Jan. 3 Apr. 8 Apr. 24 Apr. 16 Mar. 27 Jan. 2 Apr. 15 Jan. 6 Jan. 2 Jan. 8 Apr. 8 Jan. 5 Apr. 8 Mar. 23 May 4 Apr. 8 Jan. 10 3 Jan. 11 4 Sept. 30 , Apr. 2 i Apr. 5 Jan. 4 I Jan. 11 I Sept. 30 Mar. 7 4 I Apr. 27 May 1 j Jan. i Jan. ; Mar. TV/T«* 4 6 1A 35 N. Y. STOCK EXCHANGE—STOCKS Oct., 1940] AGGREGATE SALES Since September 1940 Jan. 1 Shares Jan. 2 n. y. stock exchange Shares 203,200 20,500 84,700 6,800 138,800 89,800 25,800 1,400 5,200 400 4,300 5,200 Sept. 3 Par 23,900 4,700 33,100 2,300 * $6 preferred Glidden Co (The) 85* Sale 50 17 X Sale 385* Sale 1 1 Co.._ 100 * $5 preferred.. * Goodyear Tire & Rubber * $5 conv preferred * Gotham Silk Hosiery * 30 25* Sale - 135,100 7,900 100 800 2,200 4,700 20,400 116,500 4,500 110 ~4~, 300 22,200 2,300 11,400 1,600 350 1,200 600 5,200 3,400 41 25* 25* 785* 115* 515* 25* Sale 88 83 3* 19 2* Sale 66 645* 2354 Sale 94 3* 923* 3 3* 33* 68 5* Bid 65* 555* 145* 51 50 43*% conv preferred 29,300 364,000 22,600 23,200 Preferred 100 1,310 497,700 Graham-Paige Motors—-—1 Granby Consolidated Mining 105,400 Smelting & Power Ltd--—5 Grand Union Co (The)— With div certifs -—* 15,700 Without div certife. 16,500 24,400 Granite City Steel-... 51,500 Grant (W T) Co 10 6,800 5% preferred 20 180,300 Great North Iron Ore Prop—* 673,900 Great Northern pref * 60,900 Great West Sugar * Preferred100 3,270 80 Green Bay & Western RR.100 62,500 Green (H L) Co -.1 489,200 Greyhound Corp (The) * 31,100 55* % preferred --10 164,600 Grumman Aircraft Eng Corp.l 69,800 Guantanamo Sugar * 3,630 8% preferred 100 10,000 Gulf Mobile & Northern—-100 6% preferred 100 10,300 5,200 Gulf Mobile & Ohio RR Co..* 85 preferred * 3,400 900 Ask Bid —* » Gimbel Brothers Gobel (Adolf) Goebel Brewing Co 500 Gold & Stock Teleg 267,600 Goodrich (B F) Co 60 Sale Sale Sale 25* 303* 505* 5*6 Sale 113* Sale 9 Sale 11 S3 A 235* 17 X Sale 33 26 x Sale Sale 225* 145* 255* 205* 245* Sale 28 X 140 134 60 45 Sale 33 17 25* 825* Sale 145* Sale iVA 45 Sale 2 55* 131 30 293* Sale Sale 125* 95* Sale 335* 245* Sale Sale 21 133 40 103* 11 185i Sale 275* 35* 4 17 X Sale 25* 21 Sale a8 IH 600 25 25 6,400 Hackensack water... Preferred A. 1,540 93,700 Hail Printing 80 10 »—* 5,500 Hamilton Watch 960 6% preferred. — --—-100 3,590 Hanna (M A) Co $5 pref * * 76,600 Harbison Walker Rerrac 130 6% preferred.—100 33,200 Hat Corp class A 1 6 3* % preferred 100 2,510 307.900 Hayes Mfg. Corp 2 25 14,900 Hazel-Atlas Glass Co. 600 20 — 600 4,900 3,200 10 13,200 1,300 11,700 1,100 130,500 Hecker Products Corp 8,700 Helme (G W) 570 30 2 1 185* 163* 1015* 1025* 27 135 75* 87 355* Sale 18 108 1035* Sale 150 10 Sale 109 , Sale I Sale t 6% preferred 100 131 3,760 6,800 Hershey Chocolate 605* 84 conv preferred 6,300 1135* 3,600 Hinde & Dauch Paper Co—10 18 40,200 Holland Furnace (Del)-..--10 335* 5 32.800 Hollander (A) & Son ,55* 52,200 Holly Sugar Corp 125* 7% preferred 100 1025* 230 12.50 219,000 Homestake Mining. 59 10,700 Houdaille-Hershey class A— 315* Class B 172,200 135* 370 100 200 2,900 4,700 1,400 20 21,100 900 15,800 1315* 615* 1155* Sale Sale 65* 135* 110 Sale 34 Sale 85 Sale 93 1505* 165 145* Sale 82 127 83 . Sale 535* 575* my. 1085* 143* 28 Sale 65* 65* 9:5*. 105* 1015* 405* Sale 35 325* 125* Sale Household Finance— Common stock-.... ♦ 16,600 5% preferred- * ——100 3,500 133,300 Houston Oil of Texas v t c—25 45,900 Howe Sound Co. 2,200 100 5,900 7,500 1,300 25,800 Hudson & Manhattan..--.100 5% preferred -.100 12,600 99,900 Hua Bay Min & Sm Co Ltd * 124,100 Hudson Motor Car 500 5,200 7,800 8,400 2,900 400 430 600 90 . 2,000 51,000 3,900 1,300 3,800 19,800 50 5,300 3,700 11,300 150 11,200 2,000 "4'200 600 1,300 *""600 9,600 6,900 301 6% preferred series A 100 Leased line 4% 100 RR sec stock ctfs ser A.1000 Indian Refining 10 ♦ —♦ 100 — / 156,900 54,200 4,890 16,000 496,800 49,400 14,100 36,300 244,700 8,200 148,100 916,400 51,300 831,600 8,600 2,006,300 774,500 16,760 8,030 11,800 495* Sale 5* X 3 26 54b 60,900 30,400 110,300 2,260 43,600 20,200 1 Sale 125* Sale 235* 24 40 Sale 65* 65* 55* Sale 285* Sale [16 20 118 Sale Sale 1 Jlnterboro Rap Trans 55* 100 lnterchemical Corp.. Sale Sale — -..—100 6% preferred 75* Sale Sale 157 25 23 Internat Hydro-Elec Sys A.25 International Mercan Marine Sale Sale Sale 166 Sale Sale Internation Mining Corp Sale International Nickel of Canada* Preferred 100 International Paper & Powerl5 Sale 133 Sale Sale Sale Sale * 100 5% conv preferred 100 Internatl Rys of Cent Amer..* 5% preferred -100 7 % preferred International Tele & Tel 365* Sale 285* 100 100 Sale Sale * Foreign share certificatesInterstate Department Stores * Preferred .—10 Intertype Corp ._.... * Island Creek Coal........ ...1 86 preferred— Jarvis(wb) Co Jewel Tea Inc 1 40. 3 Sale 15* Sale 153* 625* s 33 295* il* 95 23* 23* 135 Sale Sale 165* Sale 25* 150,. 95 80 95 Sale 25* 73* 85 63* 27 123 Sale Sale Sale fig 313* 12 115* 195* ~2 16 13* 135* 25* 105* 6 875* 25* 99 85* 91 zl64 130 61 112,, 145* 313* Sale 105* 1265* 55 108 143* 28 65* 10 103 Sale" 335* Sale 60 405* 325* 125* 55 1045* 35* 305* 3* 5* 33* 4 175* Sale 33* Sale 5* Sal© 105 Sale Sale 875* 25* 1053* 9 95 a;164 165* 85. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 1285* 575* 108 15 315* 73* 105* 103 115* Sale 75* Sale Sale 143* 63* 100 6 25 6 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 39 42 45* 6 245* 99 1505* 87 115* 6 2% 28 109 33* 95* 15* 255* 1575* 485* 1615* 3 65* 43* 253* Sept. 13 30 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 43* May 22 95* June i8M 26 215* 113* 155* 183* #123 Sept. May May May May May May _ 16 17 23 17 26 24 18 5 30 9 5 Sept. Sale Sept. 3 Sept. Sept. 43 Sept. 375* 33 29 Sale Sept 215* 19 Sept 1025* 101 Sept 2 Sale Sept Sale 25* Sept 8 75* Sept. 86 Sept. 6 Sale Sept. 26 Sale Sept. 1233* Sept. 27 12 4 5 4 9 5 5 26 19 18 27 13 26 16 165* Sept. 645* Sept. 3 Sept. 43 Sept. 335* Sept. 305* Sept. 215* Sept. 101 Sept. 23* Sept 23* Sept. A* Sept. 90 Sept. 63* Sept. 27 Sept. 1233* Sept. 18 133* 475* 705* 17 1275* 4 915* 16 12 4 13 Sept. Sept. Sept. Sept. Sept. Sept. 5 26 18 20 5 24 14 6 20 Sept. 14 Sale 135* Sept. 12 145 Sept. Sale 63* Sept. 20 65* 63* Sept. Sale 1005* Sept. 18 1033* Sept. 1033* 1005* 101 8 Feb. 6 55 Jan. 29 30 22 22 29 June May May May June Time May May May June 355* Apr. 5 Jan. 4 Jan. 3 \l* 253* Apr. 29 35* Apr. 18 305* Apr. 18 Jan. 4 4 18 Apr. 8 25* Sept. 17 105* Sept. 23 5 34"5*~Apr;~22Jan. 9 20 37 Feb. 19 21 Jan. 8 22 18 1065* Jan. 12 ??* 4ar. 30 ?fi|1 June 11 110 Jan. 12 166 125* May 23 4 Jan. Apr. 12 Apr. 5 Apr. 9 Apr. 16 29 Jan. Apr. Apr. 8 8 Mar. 20 215* Apr. 22 375M Apr. 9 Jan. 30 Apr. 16 J an. 9 Jan. 4 4 Apr. Mar. 4 Apr. 20 Mar. 30 Jan. 12 Apr. 13 Apr. 15 Apr. 25 545* May 22' 71 May 13 Aug. 24 111 3 65* Jan. 33* May 28 Aug. 503* Feb. 21 3* Jan. 13* Feb. 20 25* May 75* Feb. 20 Jan. 27 5 12 May 3 65* Feb. 17 May Jan. 2 5* May 103 June 12 May May May May 3 133* Jan. 245* Jan. 435* Apr. May 21 May 21 5 6 18 9 23 21 29 25 118 23 May 22 20 5 24 7 May 21 Aug. 16 23 May 21 May 21 May 21 3 6 3 Jan. Apr. 1 Jan. 3 Jan. 4 June 26 158 24 25 20 Apr. 16 905* Apr. 27 155* Apr. 11 65* Feb. 14 55* Feb. 28 473* Mar. 20 May 22 June 11 June 10 113 5 May 15 23 5 24 24 27 6 38 June 5 May 28 May 23 May 21 21 5 3 Jan. Jan. 5 3 10 June 11 5 3 3 90 May 21 May 23 5 27 30 17 16 28 45 Jan. Jan. Apr. 10 9 83* Jan. Mar. 13 June 21 1275* May 14 9 May 343* May 44 1225* 485* 95* 1173* 35* 11 9 June May May June May May May May May -HMSy 95 4 28 15 1025* Apr. 43* Jan. May 15 May 15 May 21 5 4 11 215* May 3 73 Apr. 29 53* Jan. 24 6 565* Feb. 375* Apr. 12 5 365* Jan. June 10 23 4 5 3 5 385* Jan. 3 133 Jan. May 21 May 21 May 18 23 4 Jan. 5 53* Jan. 145* Apr. 20 7 Jan. 3 May 22 May 22 May 23 5 6 3 27 23 12 23 Mar. 28 Jan. 6 125* Jan. 23* Apr. June 11 1915* Mar. 12 4 May 22 623* Jan. Jan. 22 May 25 171 92 9 Jan. Apr. 24 2 295* Jan. 765* May 23 1005* 8 1335* 1265* Aug. June 11 50 675* 945* May 21 1155* 183* 125* July 16 19 May 21 45* July 15 8 165* May 21 103 May 13 110 35 May 21 605* 28 May 22 38 165* 83* May 21 24 23 25 6 24 27 53* Sept. 6 18 Sept. 23 135* Sept. 30 30 nn 83 June 13 142 June 133* 563* 25* 405* 18 21 29 21 21 22 23 28 27 138 55* 21 95* 835* 27 104 2 Aug. 16 45* 895* June 5 1135* 75* June 10 Ilk 86 155 10 4 145* Jan. May 3 Apr. 8 Apr. 8 July 17 Aug. 22 May 21 15* July 23 8 May 21 15* Sept. 28 95* Sept.27 165* Sept.30 Jan. 4 Mar. 26 Apr. 22 Apr. 11 Sept. 19 95* Apr. 7 June 10 275* July 23 May 93* May 9 May 135 Sale 90 3 Jan. 203* Apr. 4 695* Mar. 7 245* Apr. 975* Feb. 21 8 45* Feb. 9 715* Jan. 15* Jan, 30 14 3* June 26 60 Sept. 23 1045* Sept. 5 45* Sept. 5 335* Sept. 24 1 Sept. 6 4 Sept. 6 195* Sept. 6 43* Sept. 5 % Sept. 4 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 193* 443* 45* 35* uy" 47 7 35 4 135* Sept. 18 Sale Sale Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 59 June 11 13* May 15 May 22 5* May 14 223* Sept. 15 7 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 9 21 22 21 21 22 21 16 21 21 22 69 Sept. 19 Sept. 30 Sept. 5 Sept. 24 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 45* May May May 30 May 2 May 2 May 77 July 10 May 45 May 125* May 43 11 25 Sept. 5 Sept. 21 134 14« 90 Sept. 22 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 125* Sept. 135* Sale 425* Sept. 475* Sale 633* Sept. 685* Sale 1255* 1275* 1255* 1275* 1255* Sept. 72 Sept. 843* 72H Sale 11 Sale 12 Sept. 118 1195* 43* Sept. 55* 43* Sale 15 17 165* Sept. 18 Sale 13 125* Sept. 125* 115* 90 100 95 100 8 Sale 8 Sept. 95* 83* 98 98 103 1035* 13 68 % 6 9 19 5 3 19 7 23 155* Sept. 23 283* Sept. 24 75* Sept. 145* Sept. Sept. 35* Sept. 53* Sept. 22 Sale 24 Sept. 925* Sept. 985* 100 150 Sept. 1475* 158 Sale 815* Sept. 85 85* Sept. 105* Sale 55* Sept. 6 53* 2% Sept. Sept. "255* Sale" 25 1045* Sept. 1083* 110 3 Sept. 3 23* 73* Sept. 83* Sale 13* Sept. 15* Sale 22 24 25 Sept. 153 1565* 1445* Sept. 435* Sept. 465* Sale 161 1635* 1573* Sept. 25* 23* Sept. 23* 6 Sale 53* Sept. 4 4 Sept. 35* 2 7 Sale 16 155* 405* Sale 33* 53* 55* Sale 32 30 130 145* 25* 133* 565* 173* 855* 25* Sept. Sept. Sept. Sept. Sept. Sept. Sept, Sept. Sept. Sept. Sept. Sept. Sept. :^npr 9'^ll A**" 80 275* 1225* 145* 59' 90 115* 95* 125* 355* Sept. Sept. Sept. Sept. 205* Sept. 19 Sale 8 143* 435* 25* 23* -325*—Sep tr.-H ~33—Septr±2 -29-5* 30 Sept.13 z32 Sept. 13 145* Sept. 3 Sept. 11 95* 15 Sept. 3 163* Sept. 25 105* 103 Sept. 23. 103 Sept. 23 1005* Sale 20 90 145* 80 1285* 57 108 133* 315* 75* 93* 105 453* 325* x\2% 183* 27 103* 165* 15* 164 355* 305* Sale 11 150 15 35 30 101 73* 95 Sale 41 43 Sale Sale Sale Sale Sale 23* Sale 1025* 41 125 — see page Sale 273* Sale 121 9 ........ 4% preferred 100 6,100 9,100 Kaurmann Department Stores 1 5% cony preferred—...100 500 6 9,700 Kayser (j) & Co 1,280 Keith-Albee Orpheum pref.100 Kelsey Hayes Wheel— Convertible class a........1 188,400 Conv class b 1 122,600 Kendall Co $6 part pref ser a.* 1,910! Sale 1445* Sale 453* Sale 1573* Sale 25* 23* 65* Sale 4 45* 255* ...1 .... 15* Sale Sale Sale 93* Sale 53* 53* 23* Sale 100 7% preferred Sale 145 83 8 Int. Business MachinesInternational Harvester. '53* 95 Sale Sale Interuat Agricultural Prior preferred-.. 4 92 * Interlake Iron Sale 15 403* 33* 55* 225* 1045* 25* * 75* 58 565* 585* 1023* 1055* 1033* 4 Sale 33* 31 Sale 325* X 1 3* 3 35* 4 18 185* 175* 4 Sale 35* 5* Sale 5* 109 Sale Intercontinental Rubber. Johna-Manville Preferred 100 Jones & Laughlin Steel pref.100 Kalamazoo Stove & Furn Co 10 320 Kansas City Lt 1st pref ser b.* * 28,800 Kansas City Southern... For footnotes 4 Sale 55* Sale international Salt... * 26,200 International Shoe.........-* International Silver ...-50 13,600 2,700 570,400 63,100 55,500 1,180 15,200 15,500 Sale 885* 363,300 Inspiration Cons Copper 38.300 Insurancshares Ctfs Inc 240 800 20 100 RR 6 67,900 Inland Steel 5,200 56,400 2,800 18,600 3,000 600 Illinois Central Industrial Rayon Corp Ingersol-Rand 800 6% preferred- 3,500 2,700 200 1 131,600 Hupp Motor Car Corp 212,500 21,600 4,670 4,870 27,800 66,100 32,600 22,200 685* Sale 1105* 114 Sept. 30 75* Sept. 23 59 x32 13 100 92 15 300 22 126 85* Sale 895* 32,900 4,200 3,800 13* Sale 15 95 Sale 25* * 4,100 1,000 Sale 29 13* 125* 15* 95* Sale 99 * 700 220 400 17 15 1015* 1045* 1045* l.Q5..~. Sale 115* 95* 105* 323* 13 7 4 4 12 30 24 7 4 ■ 50 135* 150 5 12 11 11 27 21 Sale 315* Sale 115* Sale 11 103* 88 91 35* Sale 1115* Sale Highest Sate Prices 14 Sept. 233* Sept. Sale 20 195* Sept. 1325* 1333* 1305* Sept. 15 6 75* 25 107 100 1555* 160 7% preferred.. 126 Lowest Sale Prices 273* Sale 3-2— 32 1 3*. 1025* 103 22 73,000 Hercules Motors 42,700 12 Sale 325* 75,600 Hercules Powder. 91,300 11 345* Sale 24 235* 15* 145* 31 34 3,300 64,000 113* 95* Sale 13 3,700 1,200 5,900 18,200 2,100 Sale 34 Sale Sale 115* Sale Highest Sale Prices 59 16 7'A Sale Ask Sale 6 Sept. Sale 555* Sept. 145* Sale zl33* Sept. 42 Sept. 413* 423* 2 2 Sept. 0 25* 25* Sept. 25* Sale 85 Sale 825* Sept. 125* Sale 115* Sept. 55 56 505* Sept. 153* Sale Sept. Sale 73 73 Sept. 2 2 25* Sept. 35 315* Sept. 325* % Sale 5* Sept. A* 58 Sale 845* 69 Sale Lowest Sale Prices Sept. 30 Ask Bid Sale — 2,500 1 RANGE SINCE JAN. PRICES IN SEPTEMBER Price STOCKS In 17 52 llH ■n* 1 121 J** 20 Jan. Mar Jan. Jan. 97 109 3 27 4 15 Sept.23 Apr. 4 Mar. 15 Apr. Jan. 155* Jan. A5* . 4 5 8 Feb. 23 Jan. 8 Apr. 18 85* May 21 173* Apr. 23 43* May 22 195* Apr. 23 875* June 20 1033*Apr. 16 N. Y. STOCK EXCHANGE—STOCKS 36 aggregate sales September Jan 900 800 640 15,600 200 1,300 12,100 530 2,190 2,900 800 7,700 2,400 380 6,000 4,200 2,900 10,500 1,800 1,100 10,500 3,700 500 1,900 4,100 100 800 5,600 1,800 3,500 3,200 89,500 18,100 600 Par Bid Sale 14 Sale 2% 3 5% preferred Lambert Co (The) Lane Bryant Lee Rubber & Tire Corps Lone Star Cement Sale 14 35 38 Sale 23 Sale Sale Sale 4% 3% Loose-Wiles 5 22 ill 3% 1% 3% 22% 12% 27% 52% 6% 41% 106% 22% 114% Sale Sale Sale Sale 13% 28% Sale Sale Sale Sale 106% Sale 176 178% 17 18% 28 40 12% Sale 16 Sale 32% Sale 35% Sale 106% 8ale 18% Sale 46*% Sale 3*%Sate 17% Sale * * - 1 * - — - Sale Sale * — 40 600 16,900 2,510 19,600 39,200 14,200 4,000 5,000 90 8,100 600 100 50 2,000 7,100 "~5~ 700 600 3,800 28,200 30.4QC 11.000 3,600 10 3,600 10 200 7,000 9,500 4,350 50 o 2,800 22,100 6,700 5,70r • 42' 5,200 120 8,700 1,300 5,100 4.300 8,800 13,700 17,700 254.700 25,900 204.000 849,200 734.300 1 - 43,000 Manhattan Masonite Corp 79,900 Mathieson Alkali 1,300 66,000 21,100 57,100 166,300 338,300 71,100 44,100 1.250 6% conv preferred McGraw Electric Co 90 200 2.150 11.100 6,100 1.500 7.600 1,330 800 1,100 . 240 22,700 500 100 1 * Sale Sale 7 28 Sale Sale 1% Sale Sale Sale Sale Sale 37% 30% Sale 161% 10 52% * * "53% 3% Sale 26% 25% * * --1 98 100 100 106 1 McOraw Hill 14% Sale 15% Sale 110 25 24% 8 7% 46% Sale 11 Sale $3 series conv pref Mc Lei la 11 Stores Co. * 1 Sale preferred 100 -* * Sale 6% conv 102,700 Mead Corp 690 14% 15% 1% 4% 4% 14% 40% 8% 36% 100 Publ Co * Mcintyre Porcupine Mines_.-6 McKeesport Tin Plate 10 McKesson & Robbins, Inc__.-5 --- preferred series A $5.50 pref ser B with $6 Sale 4% 21% ilfa 2h 3 19% 11% 23% 40% 6% 37 97 97% 176 18% 21% 33% 10 14 28% 25% 101 21% 34 Sale Sale 108 * Sale Sale Convertible preferred 32,100 Mohawk Carpet Mills Chemical Wks $4.50 preferred Preferred series B 98 400 Monsanto 2.760 2 210 715,000 Montgomery 2 900 20 10 — -* * Ward&Co —— * Morrell (J) & Co Essex 116 800 Motor Products 75,500 Motor Wheel Corp 34,g00 Mutller Brass Co. 64 700 Mullins Mfg Corp class B 8] 130 $7 preferred 15 300 Morris & 36 r>oo Sale 100 100 100 50 * 5 1 1 * Munsingwear 22^200 Murphy Co (G O) 1.040 5% preferred 100 124 700 Murray Corp of America—10 6,400 Myers (F E) & Bro * For footnote* *ee page 40. 12 Sale Sale % Sale 18% Sale 109% Sale 116 118 115 120 55% Sale 44% 43% 28% Sale 11% Sale 16 25% 4% 35% 10% 67% 109% 5% 50 30 128 128% 23% 25% 11 Sale 30% 1% 7 28 167 48 17% 13% Sale 8 10 Feb. 20 29% Jan. 34% Apr. 3 9 Apr. 1% 4% 13% % 1 4% Sale 5% Sale 14% Sale 32% Sale 8% Sale 29% Sale 28% Sale 51 24 7 31 7% 4% 21 6% 96% 9% 7% 12% 32% 117% 41% 105 Sale 7% 32% Sale 25 7% 35% 7% 5% 27% 7% 8 Sale 40 8% Sale^ 117% 120 42 34 24% Sale 36% 26% Sale Sale 20% Sale Sale 3 Sale Sale 32 Sale 12% 74% % 4 30% Sept. Sale 7% Sale 13% Sept. 23 % Sept. 3 4% Sept. 20 5 % Sept. 27 14% Sept. 24 33% Sept. 5 9% Sepu 5 30 Sept. 30 Sept. Sept. 3% Sept. 13 Sept. 29% Sept. 7% Sept. 27 Sept. 29% Sept. Sept 51% Sept. 2% Sept. 25% Sept. 99% Sept. 12% Sept. 16 Sept. 26% Sept. Sept 47 Sept 2% Sept. 25% Sept. 98% Sept. 12 Sept. 14% Sept. 10 9 4 Sept Sale 3 Sale 18 12% 77% 110 6% Sale 45 43% 120 40% 33% 25 13% 16% 20% Sale 46 Sale Sale Sale Sale Sale 18% Sale 33% 8% % 2% % % 12% 90 118% 115% 121% 119% Sale 38% 36 Sale 35 Sale 12% 15% Sale 21 3% 3% 38% 11% Sale 78 Sale 11% 111 6% Sale 47 50 110 3 24% 19 2% 31% 11% 75% 110 5% 45 23 5 23 25% Sept. 7% Sept. Sept. 10 Sept. Sept. 29 Sept. 7% Sept. 100% Sept. 9% Sept 77 Sept 68 Sept. 29 Sept. 23 19 24 7 30 28 24 23 167 23% Sept 7% Sept 33 9 17% Sept. 17 7% Sept 4 Sept Sale 22 20% Sept Sale Sale 6% Sept 108 108 101 100% Sept Sale 8% 8% 8% Sept 75 80 Sept 77% 77 66 68 67 68% Sept. Sale 27 Sept 27% Sale Sale 3 Sept 3% Sale Sale 15 22% Sale Sept Sale 11 12% Sale Sept Sale 33 28 Sept 32% Sale 7 Sept 8% Sale Sale 13% Sale 12% Sept. Sale Sale 34 32% Sept. 118 Sept. 117% 118% xll7 Sale 41 46% Sale Sept. 105 110% 106% Sale Sept. Sale 3% 39% 9% % Sale % 2% 2% 2% % % % % 13% 12% 12% Sale 90 91% 115% 115% Sale 3% 33 Sept. 6 129 Sept. 24 24% Sept. 24 27% Sept. 6 11 Sept.14 32% Sept. 25 2% Sept. 6 6 Sept. 6 29 167 Sale" 2% 2% 2% 2% 25% 24% 27% 22% Sale 99 90 101% 12% 12% Sale 12% 15 14% 14% Sale 100% 108% 104% 108% Sale 52 Sept^23 Sept. 5 Sept. 9 Sept. 30 Sept. 5 Sept. 3 Sept. 27 Sept.10 Sept. 3 Sept. 3 Sept.11 Sept. 12 Sept. 20 Sept. 4 Sept. 11 Sept. 30 Sept.13 Sept.20 Sept. 4 Sept. 20 Sept. 5 Sept. 3 Sept. 11 Sept. 30 Sept. 12 Sept. 12 Sept. 27 Sept. 4 Sept.12 28% Sept. 128 Sept. Sale' 21% Sept. Sale 25% Sept. 11 10% Sept. Sale 28% Sept. Sale 1% Sept. 6 5% Sept. r30% Sept. 17% Sept. 13% Sept. 13% 167 Sale 16 Sale 10% 31 13 11% 69% 6% 14% 12% 5% 20% 19% 32 29 Sale Sale Sale Sale Sale Sale 28 % Sale 4% Sale 3% 4K 13% Sale 32% Sale 8% Sale 28% 27% 28 Power Implem—1 7% preferred series A JMissouri Pacific ... 22% 25% 10% 28% 1% 6% 30% 17% 11 52,200 Mission Corp 54,100 Mo-Kan-Texas.. 102 700 124 Sale Sale $6.50 preferred 28% Sale Sale 7,800 Feb. 4 5 12 11 5 4 10 8 3 5 4 4 19 11 3 20 . 19% 56 28% 3% 15% Sale 7% 5% 18 . 66 Sale 100 Co - -100 79,900 Minn Moline 19% 63% Sale -5 187,400 Miami Copper 128,900 Mid-Contineut Petroleum.--10 * 62,100 Midland Steel Products 13 77 Sale 8% 1st preferred 6,110 51,300 Min-Honeywell Regulator 4% con v preferred ser B 2.670 6% 14 Sale 70 warr..* 6,500 1 80,700 Melville Shoe Corp -1 64,500 Mengel Co 5% conv 1st preferred 60 21,630 43,740 Merch & Min Tranap Co. — * 5 34.800 Mesta Machine Co 19!900 140 26 1 Works—--.* 123.800 66,600 26 — 640 7 % preferred - - - 57,100 May Department Stores 20,200 Maytag Co (The) $3 preferred 4,800 $6 1st preferred 2,220 31.100 McCall Corp 109,800 McCrory Stores 300 1.400 6 -- - Shirt Maracaibo Oil Explor Marine Midland Corp Market Street Ky prior pref Marshall Field & Co Martin (Glenn L) Co Martin Parry Corp— 11,500 10,600 34 3 10 {Manhat'n Ry Co 7% guar .100 Modified 5% guaranteed 100 4.010 55,320 200 26 156%LSale4 34% Sale 13,200 MacAndrews & Forbes Co.-10 134% 1,100 6% preferred 100 133 27% Sale — -II 135,900 Mack Truck lnc — Sale 125,200 Macy (R H) Co lnc *| 29 Sale 12 21,300 Madison Square Garden-- — -* 1,400 26 4 May 21 8% Sept. 12 9% Jan. 8% May 23 21% Sept. 21% Sept. 12 12 13 May 15 Sept. 3 16% Jan. 12% 3 % May 28 6% Sept. 23 6% Apr. 5% 5% 6% 16% May 21 35% Jan. 25% Sept. 26 Sale 25% Sale 15% May 22 23% Jan. 21% Sept. 5 Sale 1-9% 21 Jan. 107 112% Sept. 23 100% June 10 115 108 111 Sale 4 Jan. 1% May 23 Sale 2% Sept. 5 2% 2% Sale % Apr. 17 .1 Sale 1% Sept. 4 1% Jan. 1 1% 2 May 17 3 3% Sept. 23 4% Jan. 3% Sale 3% 15% May 21 24% Apr. 20% Sept. 6 Sale 19% 19% 20% 14 Feb. 9% May 18 11% Sept. 5 10% 11% 11% Sale Jan. 25 18% May 21 29 Sept. 26 23% 24% 24% Sale 30 June 10 Jan. 43 53 Sept. 5 40 Sale 43 Sale 5 9 7 May 15 Sept. 5 Apr. 6% 6% 6% Sale 33 May 28 45 Apr. 39 39% Sept. 5 40 38 40 87 101 May 22 109 98 Sept.24 Apr. 100 99 101 87 103 May 22 109% Apr. Sept.23 98% 100 100 101% June 19 180% May 179% Sept. 20 169 181 179% 175% 188 16 May 22 23 % Apr. 19 20% Sept. 26 19% 19% 20% 25 13% May 21 Sept. 24 Sale 29% Jan. 21% 23 Sale 27 41 May 21 Apr. 34% Sept. 23 33% 34 33% 34% 9 May 15 14% Apr. 10% Sept. 23 9% ,10% 9% Sale 10% May 21 15 Sept. 5 18% Mar. 13% 14% 14% 15 22% July 3 41% Apr. Sale 30% Sept. 5 26% 28% Sale Sale 27% Sept. 51 20% May 21 37% Mar. 24% 24% Sale 97 May 22 109% Apr. 103% Sept. 27 101 102% 101% 107 15% May 21 39 % Apr, Sale 20 23% Sept. 4 21% Sale 29 June 3 Sale Sept. 46% Jan. idSpf Sale. 33 % Sept. 13 37 % Sept. 24 2 May 15 3% Sale 3 19 4% Apr. Sept. 9 3 % Sale 13% June 10 14 18% Jan. 15 Sept.17 15% Sept. 26 14% 15% 105% May 23 109% May 106% 108 • 20 .Sale 4 2Q% SeptH.4 -18 %- May 17 h25% Apr: Sale. Sepr." 3 138%" May *31 162 ay T53"%~Sale - 147-%~Septrr2-3 1*54 15% May 21 19% Sept. 6 21% Jan. 18% Sept. 20 Sale 19% Sale 38 Jan. May 18 60 56 58% Sept . 24 Sept. 3 Sale 56% 57% Sale Sale 34% Sale Biscuit—-----25 26,400 Magma Copper 119,100 Manati Sugar Co 6,100 Mandel Bros- Jan. 3 9 Feb. Apr. 18 Jan. 24 5% 11% % Sale 20% Sale 58% Sale 800 38% 14% 46% 2% 31% 8% Sale 16 "3*17700 Louisville Gas &TEIoc A—--* 37,900 Louisville & Nashville.----"100 1,200 5,800 300 Sept.16 Sept. 5 25% Sept. 30 2% Sept. 9 26% Sept. 9 24 21 21 21 22 20 23 21 13 22 Sale 2,300 5,900 270 1 % 24% May 10 May 27% May 1% May 17% May 19% May 2 May 22% Aug. 23% May 30% 4^.110 24% Sale 700 3 26 31% 32 Sept. 25 14% Sept. 25 36% Sept. 9 27% Sept. 12 13% Sept. 10 35 Sept. 3 1% Sept.30 22 Sept.18 24 Sept.14 2% Sept. 9 25 Sept.13 29% Sept.16 25 14 — 11,300 9,700 3% Sale Prices Sale 540 15,300 1% 22% 25% 2% 25% 31% \V* Sale Highest Sale Prices Sale " -fcoug"Bell-Lumber A - - o Sale Lowest Sale Prices 28 % 2jG referred.. -10 132,200 Lorillard (P) common Preferredi---- -.- -----.—100 4,850 ^ 1% 22% 24% 2% Highest Sale Prices 29 1 ----* Loft lnc 30% 13% Sale 26 * - Sale 35 25 * 79,400 Liquid Carbonic Corp 1,697,000 Lockheed Aircraft Corp 242,300 Loew s Lnc 9,200 $6.50 preferred 28% 13% Sale 13% Lehigh Portland Cement—25 4% conv preferred 100 JLehigh Valley IiR Co 50 Lehigh Valley Coal -* 6% conv preferred 50 Lehman Corp. (The) 1 Lehn & Fink ProductJ Corp.-5 22,000 Lerner Stores Corp — * 153,100 Li bbey-Owens-Ford Glass * 118,600 Libby McNeill & Libby 7 -5 13,100 Life Savers Corp 18,600 Liggett & Myers Tob com---25 Series B -25 84,200 Preferred 100 4,800 13,200 Lily Tulip Cup Corp - ---•_- — * * 51,200 Lima Locomotive Works 24,300 Link Belt Co 39,900 Lion Oil Refining Co Ask Ask Bid 38 % -.100 ..100 * * 5 Laclede Gas Light Bid 37 x 918,100 Kennecott Copper 47,300 Keystone Steel & Wire Co ♦ 32,300 Ki raberly-Clar k :.:i 14.000 Kinney (G R) * $5 prior preferred 7,990 ::io 149,900 Kresge (S S) Co 4,500 Kresge Department Stores, -.1 34,700 Kress (S H) & Co 223,700 Kroger Grocery & Baking 2,890 4,270 46,300 8,400 61,300 26,200 2,510 84,000 91,800 53,000 181,200 20,300 Ask ' Lowest Sept. 30 Sept. 3 1 116,500 3,750,600 94,300 n .700 f —7)20ni[—5-5^G0 29,200 1,900 - 1940 * 89,900 4,700 1 Jan. 2 EXCHANGE Shares Shares RANGE SINCE JAN. prices in september Price STOCKS N. Y. STOCK Since In 10 3 23 26 20 27 26 6 3 36 4 o 16 10 4 24 6 20 23 6 Sept.23 3 22% Sept. 26 12% Sept. 24 3 33 12 13 9 Sept.27 9 Sept. 25 14% Sept. 5 36 12 119% 13 46% Sept. 23 Sept. 6 Sept. 23 6 106% Sept.30 4 3% Sept 23 45% Sept. 23 Sept. Sept. 4 10% Sept. 5 % Sept. 6 Sept. 4 Sept. 3b Sept. 24 13% Sept. 13 Sept. 3 94. Sept. 3 119 Sept. 20 120% Sept. 13 Sept. 5 25% Sept. 23 14 Sept. 9 17 Sept. 12 Sept. 13 20% 3% Sept. 13 Sept. 10 40% Sept.,18 Sept. 12 Sept.,20 Sept. 9 Sept. 6 47% % iiy- , , U?B 15 15 5 4 3 0 27 27 15 15 8 8 2 10 11 3 2 "3 4 25 Jan. 3 25% May 22 35 128 Sept. 4 136% May 10 17 3 May 24 28% Jan. 20% May 21 31 Apr. 15 8% June 5 21% May Aug. May 24 May 14% May 11% May May 3% May 2% May 22 I* 12% Jan. 4 8 38 Mar. 4% 7% 35% 17% 16% 10 21 21 21 23 31 22 21 May 21 Apr. 18 13 igg Mar. 11 Feb 28 July 17 Jan. 7 May 9 Jan. 5 Mar. 29 Feb. 21 26% June 25 6% May 21 21% June 10 47% Apr. 10 14% Apr. 15 8 40% Jan. 32% Apr. 15 21 June 10 160 June 12 170 36% May 22 53% 2% May 22 4% 20 May 23 30% 96% June 14 105 10% May 22 10% 10 May 21 93 May 21 17% May 21 29 6 June 5 9% June 26 26 47% 5% May 15 12% 4 May 15 8% 17% May 28 32% 5 May 21 9% 90 May 31 107 7% May 28 14% ill" 64 Feb. 5 53% 24% 2% 11% Feb. 6 May 24 May 22 May 22 10 Aug. 13 85 82 95 Sept. 21 Sept. 3 Sept. 5 Sept. 11 Sept. -± Sept. 6 86 Sept 6 Sept. 23 110 113% Sept. 23 31% Sept. 6 33% Sept. 5 21% Sept. 5 Sept. 5 Sept. 23 15 Sept. 7 2% Sept. 25 20 Sept. 25 8% Sept. 5 56 Sept. 25 97% Sept. 26 4 Sept. 24 41 Sept. 27 9* is* May 22 June 27 June June 22 June 3 8 Apr. Apr. 1 1 Jan. 4 Apr. 15 May 3 May 0 May 2 5 5 21 May Apr. May Apr. 9 8 9 8 Jan. 20 Jan. 19% Jan. 3 4 May 2 July 31 Jan. 45 30 Jan. May 21 May May May May May May May May May Jan Jan. 4% Apr. 24 48 Apr. 25 11 Apr. 8 2 1% Jan. 3 4% Jan. Jan. 8 May 27 20 Apr. 3 Apr 25 May 27 Sept. 27 Apr. 10 May 23 119 June 8 Apr. 8 Feb. 24 W* 10 119 May 21 3 Mar. 29 Feb. 21 May 21 2 26 June 26 110 2% May 15 26 May 21 7% May 21 May 18 Apr. Jan. 34% Mar. 6% Jan. May 22 33 12% 6% May 21 11% May 21 17% 23% May 21 40% 103 May 24 122 54 33% May 21 24 Mar. Jan. 4 Feb. 23 3 2 Feb. 14 30% Feb. 16 Apr. 18% Apr. 26% Jan. 5% Feb. 21, 39 22 15% Mar. 20 28 Mar. 29 21 21 83 22 111 Feb. Feb. 1 18 4 9 10 28 14 8% Feb. 10 53 Apr. 8 37 exchange—stopks N. T. stock: Oct., 1940] AGGREGATE SALES Since September | 1940 Sept. 3 Par Bid 522,100 7,820 294,000 20,200 6,300 266,900 312,100 4,000 11,900 2,100 11,300 110,000 49,200 426,125 Nash-Kelvlnator Corp 5 Nashville Chatt & St Louis. 100 21 7% preferred class A_.—100 7% preferred class B 100 National Dept Stores -* 6% preferred 10 National Distillers Products..* 200 3,420 4,290 51,900 25 060 192,900 6,300 223,400 4,400 226.200 4,700 100 166*4 172 190 2.700 100 144 Shares 33.800 1,200 25,300 7,800 1,500 7,100 28,000 500 1,300 100 600 6,200 5.700 25,700 210 90 6,900 4,700 13,300 700 27,300 300 18,500 5,400 700 7,800 11,500 13,000 1,500 2,300 3,730 5,100 1,100 5,100 500 360 National Acme Nat Automotive Fibres 15 .5 —10 —100 7% preferred 91 5% pref series A._ National Bond & Share Corp.* Stamping Co Enamel & National Gypsum $4.50 conv preferred 113 7% preferred A— 6% preferred B 900 800 320 Natomas Co 5,400 20,300 1,400 19,600 1,300 3.400 50 42,700 2.COO 2,300 51,800 4 54 % conv 1 6% preferred series A 160,200 30,300 NY City Omnibus Corp 10,300 New York Dock 11 400 5% preferred 1,050 New York & Harlem 100 10% preferred 470 610 1,800 24.500 12,700 4,200 50 1,500 25,200 110 38,200 10,700 500 60 "5,200 13,200 3,630 1,970 2,570 200 12,600 2,300 6,600 70 190 7,800 2,200 123,900 42,400 300 2,600 900 70 79,700 500 6,900 700 10,100 8,400 2,600 500 42,100 19,600 2,200 13,300 400 6,400 4,200 1,300 90,900 3,000 3,900 200 1,500 2,010 3,160 "4,100 3,200 49,700 1,500 200 5,400 North American Co.. Preferred 6% series Sale Sale 13*4 96 Sale 141 18 Sale 27 255* -.10 50 50 1 50 100 North States Pow Co $5 pref.'" Northwestern Ohio Oil Co Farm 8% pref series A Oppenheim Collins & Co ♦ * 6 100 * * Otis Elevator 100 6% preferred Otis Steel Co * 19 18 19 80 85. 43-—45- -42 1*4 13*4 Sale* Sale iVASale 06*4 Sale 89 95 Sale Sale 1115* 8*4 111 113 Sale Sale 2*4 Sale 5 Pacific Finance 32 445* 14*4 654 51*4 51 Sale Sale Sale Sale 65* 23*4 <5orp (Calif). 10 25 Sale * Sale Pacific Telep & Teieg -.100 Pacific Tin Consol Corp Pacific Western Oil Motor Car Packard Sale 132 100 6% preferred 1 10 * Ref 13,700 1 * 4% conv preferred 69,700 3,200 121,400 93,100 55,800 6% 2d preferred 100 10 Tilford Park & Park Utah Cons Mines Parke Davis & Co Parker Rust Proof Co ..1 Transportation Co.* Pathe Film Corp 1 295,900 Patino Mines & Rnt Cons 10 211,300 Penick & Ford * 23,800 * 173,400 Penney (J C) Co 32,600 Parmelee Penn Coal & Coke 10 22,000 Penn-Dixie Cement * 59.300 $7 conv pref series A .* 19,300 Penn Glass Sand Corp v t c._* 6,800 $7 conv preferred * 170 2,200 Peoria & Eastern Ry__ 10,800 Pere Marquette Ry 5% prior preferred 17,500 5 % preferred 28,690 Pet Milk 6,600 100 100 100 100 » Petroleum Corp 5 57,570 Pfeiffer Brewing Co * 54,400 25 368,300 Phelps Dodge 50 25,600 Philadelphia Co pref 6% $6 preferred * 3,900 64,400, Philadelphia & Reading C & I_» For footnotes see pam 40. 90*4 7*4 11154 34*4 2*4 28*4 Sale 32 14*4 14*4 254 28 14*4 53 50 50 654 Sept. 6 10 Sept. 5 36*4 Sept. 23 39*4 Sept. 24 554 Sept. 6 Sept. 10 Sept. 4 Sept. 6 9 10 19 80 2** 9*4 A" 254 Sale 53 6*4 254 10 12 Sale 6*4 10*4 29*4 3954 Sale Sale 1354 Sale 40*4 23*4 Sale " Sale" 33* 11*4 454 125* 33 Sale 27 Sale 20*4 22*4 8*4 654 654 40*4 Sale 8 43 44 81*4 83 H 6 155 June 11 12*4 Sept. 20 86*4 Sept. 16 Sept. 19 9 Sept. Sept.,12 11*4 Sept. 25 103 4 Sept. 12 Sept. 14 1554 Sept. 10 138 Sept. 12 10*4 Sept. 3 4254 Sept.,12 2554 Sept. 17 51 if* Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 51*4 Sept. 27 6*4 Sept. 30 2*4 Sept. 9*4 Sept. 454 Sept. 11*4 5 4 4 Mar. 12 June 10 Apr. 6 May 21 June 19 Jan. 6 Jan. Jan. 3 31 19 29 4 Sale 39 6 *4 2 3 Sale 19*4 Sale 35*4 Sale 3 10*4 2 8*4 Sale 9 &X 23 Sale 33 Sale 22 54 22 1854 654 7*4 3154 18 6*4 Sale 754 754 29*4 Sale 445* 4354 82^. 90 Sale 35 43 75 54 Sale 21 Sale 754 Sale 4554 86 %\ 13 3 4 27 28 11 12 26 17 Jan. 3 Jan. 3 Apr. 8 Mar. 14 May 22 Apr. 9 Jan. 21 16 22 Jan. 31 29 4 21 Jan. 24 23 24 5 Jan. May Sept. May 48 May 454 May 8 May 26*4 May 34 Aug. Jan. 3 7 Jan. Sept. 18 14 May 3 Apr. 3 Apr. 4 Apr. 2 Apr. 11 4 June 24 Mar. 13 June Apr. 29 Jan. Jan. Jan. Jan. 30 41*4 11*4 127*4 152*4 4*4 6h *4 15*4 8*4 4 38*4 13 100 4 11 7*4 84 3 k 9 4 15 3 2*4 10 34*4 3 7 4 4 1054 854 51*4 3 92 26 25 17 11 18 2*4 3*4 27*4 12*4 33*4 Sept. 2*4 Sept. 12 8*4 Sept. 3 Sept. 12 Sept. 12 31 19 Apr. 22 Apr. 22 Mar. 11 _ 2 June 144 2 T4 June 554 July 2*4 May 12 May 654 Jan. May 6 May 4 Mar. 27 3 Jan. Jan. 8 Jan. 10 Jan. 3 Feb. 20 Jan. 3 Sept. 26 Sept. 7 Jan. 3 Jan. 12 May 29 7 4 4 Mar. 28 4 Jan. 22 Jan. 17 Jan. 6 22 , 50 Jan. 16*4 Jan. 6 13 4 15 16 3 4 Mar. 12 24 Jan. 10 Jan. 4 21 4 8*4 Jan. 4*4 Mar. 11 4 25*4 Apr. 16 10 10 15 June Jan. 22 12 2 45*4 Apr. 5 99 Sept. 13 101*4 Jan. 25 4 854 Apr. 4*4 May 21 64 Apr. 15 May 23 94 10*4 Apr. 6 6*4 May 21 26*4 .Tune 11 15 May 21 154 May 21 31*4 July 22 13*4 May 22 May 28 554 May 21 J* June 26 May 23 6 71 June 154 1*4 1154 9 H May 22 May 22 May 21 15 654 6*4 25*4 37*4 70 June 25 Jan. 6 18 Feb. 254 44*4 22*4 2 54 12*4 1054 62*4 96*4 Apr. 12 i* Apr. Apr. 9 16 Mar. 12 Mar. 4 May 13 5 Jan. May Jan. Feb. 8 8 17 27*4 Sept. 26 5 1654 Jan. May 18 4 2454 Jan. 2154 May 9 3 3854 Feb. 5 121 May 22 May 18 May 22 1 *4 5*4 17*4 11*4 Sept. 6 Sept. 5 Sept. 25 Sept. 26 Sept. 6 Sept. 3 21 25 139 June 18 154 254 Sept. 5 Sept. 5 Sept. 23 25*4 Sept. 24 10 22 21 Apr. 654 Jan. 2354 Feb. 12*4 Jan. 14 Apr. 3454 Apr. 22 22 Apr. 22 10*4 Apr. 26 22 May May 354 May 9*4 May 25*4 May 33 May 8 May 115 May 11 4 64 June 10 15 23 37 10 8 4 Jan. 12*4 Jan. 4254 Sept. 24 4 3254 Apr. 10 2 3 Jan. 19 3 May 24 55 May 24 120 June 15 20 Jan. Feb. May 21 May 21 5 rtug. Feb. 5*4 Apr. 1854 Jan. 24 24 6 Sept. 24 20*4 Sept. 5 35*4 Sept. 24 754 34*4 45*4 85*4 7As 23 1 22 June 11 144 23 7 11 21 25 15 Sept. 30 Sept. 11 Sept. 4 Sept. 4 85 Sept. 26 As Sept.23 21 June 5 9 Mar. 854 May 23*4 Apr. 1454 Mar 10 May May May May 4 5 3 3 4 Jan. May 21 Sept. 12 May 21 x9 5 23 6 Sept. 6 Sept. 23 Sept. 23 Sept. 5 Sept. 26 Sept. 23 Sept. 23 Sept. 26 Sept. 13 Sept. 5 Sept. 23 Sept. 18 Sept. 6 Sept. 9 Sept. 3 Sept. 19 Sept. 27 Sept. 23 Sept. 23 Sept. 19 Sept. 4 Sept.26 Sept. 26 Sept. 25 Sept. 7 Sept. 20 Sept. 16 Sept. 28 Sept. 25 Sept. 3 Sept. 23 Sept. 26 Sept. 26 4 May 29 .Tune 19 754 Sept. 3 20*4 Sept. 19*4 Sept. 654 7*4 28*4 44*4 Apr. June 55*4 Sept. 3*4 14*4 754 11*4 8 Jan. May 22 21 5 13 23 28 23 May June June May May May , Sale 22 24 25 15 Sept. 26 Apr. 1 Apr. 17 Jan. 3 June 25 118*4 2154 Sale 19*4 Sale 34 33*4 Jan. June 10 9 16*4 June 30 23 • 10*4 Sept. Sept. Sept. Sale 9 54 Sept 11 10*4 Sale Sept. Sale 123*4 12554 124 125 150 Sept. 150** 152*4 150 6*4 Sept. Sale 3*4 Sale 354 6 554 Sept. Sale 5*4 6 3*4 Sale *4 Sept. 3*4 Sale 1354 Sept. 14*4 Sale 14** Sale 8 9 7*4 Sept. 754 8 % % Sept. 54 Sale 37*4 35 Sept. 36 34 99 Sept. 96*4 101*4 99 90 Sale 554 Sept. 55* Sale 8554 82*4 Sept. 86 76 854 Sale 8*4 Sept. 8*4 Sale 15 15 17*4 Sept. 15 17*4 Sale 2 154 Sept. Sale 1*4 Sale 34 32*4 Sept. 325* Sale 19 20*4 Sept. Sale 19*4 19 1 1*4 Sept. 1 a \H 954 Sale 8*4 Sept. 854 Sale 7 Sept. 754 Sale 754 Sale Sale 51 Sale 46*4 Sept. 47 84 Sept. Sale 9154 Sale 84 2 2 2*4 Sept. 2*4 Sale 2*4 Sept. 254 Sale 2*4 Sale 27 26 19*4 Sept. 21*4 18*4 13 11 12 Sept. 13 113* 11** Sale Apr. Sept. Sept. Apr. 13*4 -Tan. 13 554 July 15 7*4 June 20 , 121 37 Jan. 21* sVA 1 1 _* 2.50 50 792,800 Pennsylvania RR Co 5 17,400 People's Drug Stores Inc 40,600 People's Gas Light & Coke. 100 18*4 5654 56*4 17*4 Sept. 24 15 3 Feb. June 10 86*4 Sept. 16 18 16 Sept. 4 1354 Sept. 5 954 6 1054 Sept. 23 11 *4 14*4 Sept. 7 114*4 Sept. 6 107*4 112*4 Sept. 4 107 554 Sept.23 3 7*4 Sept. 26 554 22*4 Sept. 24 17 7 *4 9*4 Sept. 24 9 Sept. 25 5*4 66 85 Sept. 20 18*4 Sept. 24 14*4 165*4 Sept. 16 £160 143 Sept. 25 132 21*4 Sept. 25 13*4 38*4 Sept. 18 3654 8*4 Sept. 6 554 67 Prices 354 May 21 11 Sept. 20 72 July 31 45 Sept;20 "36 May 22 53 *4 106 Sept. 4 100 June 12 27*4 Sept.24 20*4 July 20. itrts- ~~ g-*g-septr~5" "B VTMay 24"l Sept. 10 45*4 Sept. 25 30*4 May 21 51 Sept. 3 18*4 15*4 Sept. 5 9*4 May 21 Sept. 9 15*4 Sept. 5 8*4 May 21 21*4 39 Sept. 4 31 Sept. 24 15 May 21 Sept. 13 26*4 Sept. 6 20*4 May 21 33*4 8*4 Sept.21 4*4-Sept. 5 3*4 May 21 Sept. 3 7*4 Sept. 23 454 May 22 12*4 Sept. 13 108 Sept. 20 104 May 21 115*4 110 Apr. 27 117*4 45 June 6 56 Sept. 13 54 Sept. 3 *4 Apr. 27 2 Sept. 24 yl Sept. 4 54 Apr. 12 Sept. 20 Sept. 4 % Sept. 20 Sept. 12 Sept. 23 13*4 Jan. 15 26 Sept. 3 31 Sept. 14 20 May 23 35*4 Sept. 13 223*4 Sept. 6 175 May 22 226*4 Sept. 14 112*4 Sept. 24 105 May 25 113*4 Sept. 13 20*4 Sept. 6 1454 May 21. 23 54 Sept. 3 5754 Sept. 19 47*4 May 22 59 Sept. 13 56*4 Sept. 25 47*4 May 22 58 13 Sept. 15 18*4 Sept. 5 May 14. 2654 Sept. 6 91 Sept. 28 84*4 June, 51 90*4 8 Sept. 12 9*4 Sept. 5 4*4 May 15 Sept. 4 114 Sept. 26 101 May 24 114 Sept. 18 38 Sept. 7 27 May 22 38 Sept. 4 3*4 Sept. 7 2*4 May 15 5 Sept. 21 29 Sept. 23 25*4 Aug. 13: 42 Sept. 4 15 Sept. 6 14 July 2, 16 36$ 100 340 664,200 Paramount Pictures 6% 1st preferred 8,900 218 5 Sept. 5 2354 Sept. 23 854 Sept. 23 10 Sept. 25 11*4 Sept. 5 2054 Sept. 6 17054 Sept. 26 14*4 Sept. 5 ' 1,244,900 Pan American Airways Corp..5 1,158,500 ...5 8,800 Pan Amer Pet & Trans 52,000 Panhandle Prod & Paraffine Cos Inc 'As 54 'At 18*4 2654 554 Sept. 17 116 Sale ...* 104 Sale 120 ^ 354 554 Sale 55 116 H 62 *4 10 24*4 6 6*4 Sale 14 1654 Sale 11*4 arlO 10*4 101 100*4 98 103 3*4 4 3*4 Sale Sale 15 1354 Sale Sale 135*4 136*4 132*4 Sale 9*4 Sale 754 Sale 37*4 38*4 26*4 25 a:23*4 23*4 245* Sale 13*4 Sale 103*4 Sale 6** 554 17 54 Sale rl47*4 Sale 5** 25 Sale Sale 20 6i Corp Pacific Lighting Pacific Mills. 29 , Sale 58 Sale 87 13*4 112*4 112*4 115 Sale 26 13 30*4 212 221 109*4 18*4 Sale Sale 56*4 55*4 Sale Sale 1654 87*4 93 Sale 654 112 114 35*4 3654 Sale 215 32 •—* Pacific Gas & Electric Sale 9As Sale *4 *4 20** Sale -As 'At Sale 5654 "40*4 60 111** 111 Lowest Sale Prices 117*4 52 Sale 43 preferred Sale 106 Sale Sale nrpfprppfl 25 Sale 108 Sale Sale4 Highest Sale Prices 5*4 Sept. 12 14H Sept. 16 18 Sept. 9 7 Sept. 3 854 Sept. 9 954 Sept. 12 19 Sept. 27 168 Sept. 13 12*4 Sept. 20 86*4 Sept. 16 1754 Sept. 19 12*4 Sept. 12 954 Sept. 3 13*4 Sept. 16 112 Sept. 4 110*4 Sept. 27 4*4 Sept. 3 7 Sept. 3 20*4 Sept. 16 9 Sept. 4 754 Sept. 13 8354 Sept. 4 16*4 Sept. 10 164 Sept.13 140 Sept. 18 17*4 Sept. 3 3654 Sept. 16 7*4 Sept. 13 61*4 Sept. 3 554 Sept. 16 9*4 Sept. 3 34 Sept. 16 3454 Sspt. 18 454 Sept .28 8*4 Sept. 5 x9 Sept. 12 1854 Sept. 5 76*4- Sept »- -5 •42 Sept. 25 105*4 Sept. 12 25 Sept.13 7*4 6 60 Sale ufl 1st Sale SaleSale" Sale Sale Sale 117** 27 OH 4 111*4 106 52 54 40 Pacific Coast 2454 4*4 5 * 100 Owens-Illinois Glass Co..12.50 116,300 217,800 Pacific Amer Fisheries Inc—5 Is' 700 Outlet Co Preferred 100 45- 103 106 106*4 26 26 Sale 7 *4 Bale 75*" 42*4 T4 Sale 14** Sale 14*4 Sale 29*4 Sale preferred...* conv Outboard Marine & Mfg . Sale 77„ Sale 42** (The) Equipment 854 9*4 - 34** Omnibus Corp (The) 20*4 Sale 37*4 38 754 Sale 65** Sale 5*4 Sale 9 9*4 37 3554 38** Sale 45a Sale i Sale 18.070 9,350 19,490 7,400 165,300 55,300 49,000 3,270 2,060 86,349 26,300 19 75 255* * 50 2.50 Preferred 145 143 Sale 61** Sale 6*4 Sale 9*4 Sale 35 3654 37 38*4 5*4 5*4 8** 8*4 78 Telegraph....50 Norwalk Tire & Rubber $5.50 Sale 7*4 854 Sale 72 Sale 9 Sale 125* Sale 39 Sale 41*4 47 3 5* Sale 9*4 9*4 83 40*4—44 110 111** 88 9*4 85* 8** Sale 8*4 Sale 85 78 835* 79 Sale 18 1754 Sale 165 168 166 158 50 Northern Central Oliver 22 100 100 50 Northern Pacific 5,900 Norwich Pharmacal Co 409,300 73,700 74,300 3,530 15,000 149,200 2,280 233,500 20,200 11,700 Sale 100 * N Y Lack & West Ry Co..100 tN Y N fl & Hartford—,-100 Convertible preferred 100 JN Y Ontario & Western.. 100 N Y Shipbuilding pt stock 1 Noblitt-Sparks Indus lnc 5 Norfolk & Western Ry 100 Adj 4% preferred 100 Preferred 55*% series 1,101,200 North American Aviation 60 700 24*4 12 *4 24*4 serial pref,—100 Newberry Co (J J) 5% preferred series A 100 12,100 Newmont Mining Corp. — --10 166,400 Ngwportlndustries ~Inc^„ 4Q-.200 New-York:AlrBral^_-~.™l.r-"* * 1,694,000 New York Central 57,400 N Y Chicago & St Louis...100 3,300 54,900 Sale _ Neisner Bros Inc 1,490 469,200 6,000 3,570 49,700 40 7 10 NehiCorp.. 1,320 77,000 87,900 8.200 596,000 16,800 31,700 2,790 626,800 23.500 32,800 Sale 20 960 331,200 7,700 31,600 2,000 175* Sale Sale Sale 111 111 Sale 7 7*4 2154 Sale 9*4 10 16 1254 95* Sale 1054 *1354 Sale 133* Sale xl 13 110*4 110** 112*4 110*4 45* Sale 554 1154 * 57,700 Nat Mall & Steel Cast Co 16 700 Nat Oil Products Co .* 236,100 National Power & Light 25 129,400 National Steel 172,100 National Supply Co of Pa...10 $2 conv. preferred 40 18,410 20.500 5*4% prior preferred 100 6% prior preferred 100 5,350 * 242,300 National Tea Co — 84 ""6** 91 ~ 18 6 * 16 20** Sale Sale 13 6*4 1 -* Sale 94 16 1554 1254 Sale 1654 Sale 11554 116*4 10 National Lead Co 15 86 19*4 Sale - _ 5 Sale 19*4 Sale 94 34 1954 * .1 Dairy Prod Corp—* National Cash Register National Cylinder Gas Co Nat 172 16 15 100 Sale 165 Co..* Nat Bond & Investment Sale Ask ir Sale 13*4 225* 5** 15** Highest Lowest Sale Prices Sept. 30 Ask Bid Bid Sale 7 8*4 Sale 9 85* 105* Sale 1951 Sale 1954 Sale 175 166*4 170*4 166 15*4 13** 1254 13*4 10 National Aviation Corp National biscuit Co National Ask Sale 22*4 15*4 654 1 Inc--1 6% conv pref 34,000 17,600 7,200 1,740 —11,400 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. IN SEPTEMBER PRICES Price STOCKS N. Y. STOCK EXCHANGE In June 13 May 21 May 22 May 21 May 22 May 28 May 18 9 4*4 Jan. 8 13*4 Apr. 9 3954 Apr. 9 29*4 Apr. 24 Apr. 25 8 54 Apr. 4 2 Feb. 10 June 10 May 25 40 Jan. 2 47 Jan. 11 June 85*4 Sept. k Mar. 11 *4 Mar. 20 6 1 EXCHANGE-STOCKS N. T. STOCK 38 AGGREGATE SALES Since 1940 Jan. 1 Shares Shares 6,400 700 20 27,600 """"16 1,300 640 "2", 200 1,600 2,400 60 80,500 Philip Morris & Co 28,100 Phillips Jones Corp 190 415? Phillips Petroleum Phoenix Hosiery 100 236 4336 Pillsbury Flour Mills 25 Pirelli Co of Italy Am shares 3H 5 Preferred 70 Pitts C C & St L RR Co 100 32,500 Pittsburgh Coal (of Pa)—. 100 11,300 6% preferred 100 29,600 Pitts Coke & Iron Corp * 2,150 $5 conv preferred 13,100 7,100 1,580 5,580 1,500 5,210 600 3,200 200 8,900 2,700 5,200 57,400 900 800 10,700 270 ' 11,700 1,600 900 7% guaranteed pref.. 100 144,200 Pittsburgh Screw & Bolt-- — * 27,800 Pittsburgh Steel Co 5,840 7% preferred class B 100 11,370 5% preferred class A 100 5,150 5 36 % 1st ser conv pr pf._ 100 100 24,470 Pittsb & West Virginia . 10 Pitts Y & Ash Ry 7 % 12,500 Pittston Co (The) 48,200 6,700 64,100 98,200 18,600 545,900 16,000 8,900 162,700 7,890 ,1164,100 400 Pond Creek Pocahontas Co..* Poor & Co class B._ jPorto Rican Amer Tob cl A-* Postal Teleg Inc pref Pressed Steel Car common—1 5% 5% conv * Gamble Preferred 5% Pub Serv Corp 100 of N J com;—* $5 preferred — * 6% preferred 100 7% preferred —100 8% preferred 100 4,950 1,000 5 _50 1st preferred 2d preferred conv Procter & 18,200 9,200 4,100 340 Plymouth Oil pref__100 * 5 - -—- — 77 X 79 32 Sale 35 2X 37 Sale 24 50 4936 3% 2% Sale "4X 24 X 8' Sale Sale 19% 6X 70 Sale 69 24 X Sale 8 171"" 10 Sale 24 Sale 31 18 29 15 36 175 23 Sale 32 Sale 1136 32 36 Sale Sale X 1636 2036 Sale 1254 13 54 1236 Sale 136 Sale 1436 Sale 14 36 1454 44 36 43 34 65 54 Sale 11836 Sale 40 56 Sale 112 11256 125 12536 131 7 / 1036 Sale 13% Sale Sale Sale Sale 10 11 31 % 3336 51% Sale 178 Sale 8X Sale 151 ""I"" 75 17254 Sept 554 Sept 7 36 Sept Sale 21 Sale 15 Sept. 30 2454 Sept. 4 5334 Sept. 30 6 Sept. 24 2634 Sept. 26 7 34 Sept. 24 71 Sept. 19 52 Sale 32 Sale 1034 Sept 14 4 3 13 Sept. 9 654 Sept. 7 936 Sept. 24 4534 Sept. 23 31 Sept. 25 5734 Sept. 24 13 34 Sept. 25 68 May 21 336 May 18 30 Jan. X 16% 16 14 Sale 8 % 5% U% 11X 34 X 64% Sale Sale Sale Sale Sale Sale Sept. Sept. Sept. Sept. Sept. Sept. 954 Sept. 1056 Sept. 3134 Sept. 61 Sept. % 1636 1354 734 % 554 143 157 140 143 136 15534 160 155 L1434 120 17% 2734 May 22 256 May 24 May 28 22 May 29 35 May 21 \lH Sept. Sept. 37 Sept. 11034 Sept. 123 34 Sept. 140 Sept. 158 Sept. 117 Sept. Sept. Sept. Sept. 17 6 6 6 10 27 25 Feb. 5 9 8 2836 Apr. 26 5336 Sept. 30 Jan. 17 Mar. 12 Jan. 4 Apr. 4 Apr. 4 May 6 167 June 10 176 May 10 856 Jan. 2 436 May 15 5 May 15 1634 May 22 10 May 21 19 May 21 7 May 21 July 3 15' 65 636 Feb. 66 9 4 Mar. 25 41 54 Jan. 7 May 22 May 24 2756 534 May 24 956 6454 May 22 80 154 May 6 154 5 6 5 3 4 30 Sept. 7X Sept. Sept. Sept. 25 3534 Sept. 24 754 Apr. 40 16 t 13 34 Sept. 854 Sept. 9736 May 10 110 Feb. 107 3 Sept. 24 Sept. 10 36 1513 % 16 X 116 116 4 Sept, 13 154 13 *175 16 Sept Sept 3934 2834 11636 115 Sale 34 3354 35 35X 10834 10834 Sale 10936 111 Sale 12134 122 1215/8 124 115 39 154 16 19 434 Sept. 14 1934 Sept. 3 636 Sept. 4 69 Sept. 4 26 Sale 7 Sale 2036 40 2534 3 Sept. 30 2334 Sept. 9 50 Sept. 3 Sale 5334 71 74 556 736 1136 Sept. 38 39 135 Sale 173 X Sale 33 54 4 Highest Sale Prices 334 Sale o Sale 14536 167 Sept. 9 Sept. 26 39 45 135 "5H 35 Lowest Sale Prices 8756 Sept. 23 434 Sept. 23 Sept. 3 3734 Sept. 23 9 7934 Sept. 38 Sale 4 Sale Highest Sale Prices Sale Prices 8734 Sale 85 436 3% 424H Ask Ask Bid 38 33 X Sale 20 Pitts Ft Wayne & Chi Ry._100 """20 Bid 9036 Sale 3 56 436 30 2554 10 * 100 Preferred Ask Lowest Sept. 30 Sept. 3 Par Bid 244,150 13,000 2,390 15,200 2,110 I Jan. 2 n. y. stock exchange In September RANGE SINCE JAN. PRICES IN SEPTEMBER Price STOCKS Feb. 14 1234 536 34 554 636 654 May Jan. May May Sept. May May 28 13 21 29 30 21 21 21 May 21 53 June 5 11236 May 3036 June 100 May 11034 May 22 10 21 22 . 11 Jan. 4536 Sept. 31 Sept. 5736 Sept. 16 34 Apr. 15136 July 134 Mar. 2254 Feb. 15 Jan. 4 23 25 24 8 3 12 9 6 1254 Jan. 4 234 Feb. 27 8 July 5 14 36 Jan. 3 3 1454 Jan. 9 4236 May 7154 Apr. 16 2 11836 Jan. 8 4336 Apr. 11536 Jan. 11 128 Apr. 20 6 145 Mar. 29 113 141 143 135 161 Sale 15534 Sept. Sept. 126 June 143 May 22 165 Apr. June Feb. 9 Sept. May : Apr. Feb. 3 2 Public Service "Elec & Gas-1— 100 .. 40,500 23,900 —* gf)0 - ."If 3^900 5^500 •~62;ioo 95,600 8,700 1,300 71,500 1,552,300 "4", 900 65.700 7,100 1,200 200 75,100 4,600 26,100 275,400 49,000 57,400 7,300 12.200 9,700 120 . 500 1,100 400 2,500 10", 300 500 * — 0.Q 100 ,j6,% -preferred. 5% preferred Purity Bakeries Quaker State Oil Rfg Corp. .10 Radio Corp of America * $5 preferred B * $3.50 conv 1st pref .* jRadio-Keith-Orpheum Corp.l 6% conv preferred 100 Raybesto^ Manhattan * Rayonier Inc 1 $2 preferred 25 Reading Co 50 4% 1st preferred 50 4% 2d preferred 50 Real Silk Hosiery 5 670 400 2,100 11,200 1,500 4,700 T15 N 1187" 2,000 $5 preferred 426,100 Pullman Co. 689,900 Pure Oil__ conv 3134 0836 1,820 ,300 10,300 4,800 15,700 36 .370 23 ,350 1,600 93 ,500 11 ,700 260 930 1,020 13,700 212 ,200 300 3 ,700 9,900 20,400 152 ,800 140 19,200 300 2,500 4,700 4,900 80 3 ,160 348 ,500 860 300 9 ,100 11,300 3,100 6,900 101 ,400 16 800 20 3» ,800 1 ,620 10,700 174 ,200 2,560 41 ,420 14,500 137 ,400 12,500 2,400 173 ,100 18 ,800 7,200 2,800 172 ,000 37 ,900 1,200 29 ,000 240 230 1 .860 110 2 ,030 14,300 7% preferred 5*4% preferred Reynolds Metals Co 5 36% conv preferred Reynolds Spring Co Reynolds (R J) Tob cl B Sale 35 Sale 19 36 _ 25 27 22 21 23 20 Sale Vk* 28 2836 16.X Sale 3 13 16X 7X 5136 188 ,300 Servel Inc. 36 ,300 Sharon Steel 1 500 85 ,600 12,600 1,000 6,600 17,100 1,400 200 5,200 10 270 2,000 800 1,500 83,500 2,800 1,000 9,600 30 * 100 * * 6,300 120 X Sea board Air Line 4-2% preferred Trhe) 371 .900 Sears, Roebuck & Co 1 ,500 51 64 69 55 rx Sale - Corp * $5 conv preferred * Sharp & Dohrae.. * Conv preferred series A____* Shattuck (Frank G) Sheaffer (W A) Pen Co * 3 ,820 132 ,400 Shell Union Oil 15 13 ,400 536% conv preferred 60 ,100 Silver King Coalition 126 ,300 Simmons Co 16 ,900 Simins Petroleum. 11 ,500 Simonds Saw & Steel Co _ 100 *__5 * 10 7 8 834 5334 IX 1734 Sale Sale 5156 936 8736 7 34 39 X 52 36 1 736 736 12 19 9Va 736 Sale 55 Sale 7 % 12% 19 36 21 22 85 94 50 55 Sale 60 Sale 83 52 734 4X 334 14X Sale % 2% 2* 4 47 104 2036 12X 70 X 456 48% 114 c 5% Sale Sale Sale Sale 72 Sale OX Sale 65 1154 Sale Sale 3534 Sale 52 53 4% Sale 85 X it* 53% 5X 50 ex 37% 12 X 105 X ex 22 x 2X 4 Sale 434 3% 15% 79 34 Sale 34 11334 114 10734 1034 Sale 52 % Sale Sale Sale 107 36 Sale 3 34 42 534 Sale Sale 20 X Sale Sale Sale Sale 2536 2534 1634 1 Sept. 27 1634 Sept. Sept.. Sept. 834 Sept. 2034 Sept. 85 Sept. 60 Sept. 1036 Sept. 80 Sept. 9 34 Sept. 3454 Sept. Sept. Sept. 534 Sept. 354 Sept. 14 36 Sept. 13 Sept. 47X Sept. :>4 Sept. 3156 Sept. 7 36 12 27 16 13 20 19 18 12 5 12 20 5 4 23 27 12 27 19 4 17 % Sept. 6 3/6Sept. 237 334 Sept. 6 134 1854 1055i 8654 1236 2634 96 67 34 1254 80 34 1054 3656 54 Sept. 5 Sept. 5 Sept. 19 Sept. 20 Sept. 25 Sept. 23 Sept. 28 Sept. 24 Sept. 5 Sept. 3 Sept. 5 Sept. 6 Sept. 23 Sept. 18 Sept. 7 Sept. 6 834 534 436 16-14 Sept.26 1354 Sept. 23 48 Sept. 20 36 Sept. 23 36 36 Sept.25 54a Sept. 7 Sept. 3 Sept. 5 Sale Sale Sale 336 39 113 36 109 55 354 44 534 3636 854 103 36 534 1834 154 23 1736 90 Sale Jan. May Aug. May Jan. Feb. 9 Jan. 3 .Tune Apr. 8 Jan. 5 May May 1 Apr. 4 14 Jan. 3 May .Tan. 734 May July : 70 11* 9 3 Apr. 9 Sept.28 Sept.24 June 39 8 4 12 Sept. 19 Sept. 20 7036 May 60 3 May Feb. 836 May 7536 May 636 May 20 8 2 8 17 32 June Apr. May May 52 May June 536 May 454 May Jan. 3 Jan. 3 34 Aug. Feb. 3 27 1136 May 13 Sept; 4734 Sept. 19 May 48 Apr. 4 Sept.23 Sept.20 Feb. 9 June Jan. 3 36 Apr. ,i# July Jan. 2 Jan. 3 27* Jan. May Mar. 14 May Mar. 28 17 May Apr. 26 Mar. 27 Sale Sale 4434 June Mar. 96 1134 Sale 1134' 12 Sale Feb. 34 83 5754 Jan. May May : Sept. 4234 Sept. 10 4534 Sept. 4 106 Sept. 27 10754 Sept. 12 4 29 30 36 Sept. 23 253a Sept. Sale 9 9 Sept. 1056 Sept. 5 Sale 3 72 34 Sept. 7934 Sept. 25 5 /4a 34 Sept. 54a Sept. 3 Sale 234 Sept. 19 334 Sept. 30 41 X 39 42 Sept. 27 Sept. 4 114 113 34 Sept. 18 114 Sept. 6 Sale Sept. 30 10754 Sept. 12 109 Sale Sale May : May : Sale Sale 2 84 li°H 53 July Apr. May May 10 May 18 13 Sale Sale 3634 Sale 854 Sale 10234 106 " 434 Sale 1634 Sale 2 24 17 34 .54 1234 134 Sale June 9 4 3 May 4 Apr. 8 Apr. 10 110 Sale 1454 736 734 734 1734 1734 1634 834 834 Sale 134 154 Sale 15 1234 1334 1856 2054 Sale 134 13334 145 54 64 Sale 45 Sale 3654 Sale 105 Sale 54e Sept. %, Sept. Sept. 134 Sept. 7834 Sept. 10 Sept. 954 Sept. 5134 Sept. 3 34 Sept. 43 X Sept. 534 Sept. 3634 Sept. 8 34 Sept. 10234 Sept. 12 34 456 Sept. Sale 1636 Sept. 2 154 Sept. 2434 2334 Sept. Sale 16 Sept, 105 88 Sept. 112 110 Sept, Sale 13 54 Sept. 9 754 Sept. Sale 1654 Sept. Sale 836 Sept, 154 134 Sept. 13 X 1234 Sept, 19 18 Sept. 150 130 Sept 3 4 11 26 9 11 17 4 17 9 1o 13 9 4 20 4 14 26 3 25 34 Sept. 3 54 Sept. 21 Sept. 6 154 Sept. 17 8354 Sept. 23 1154 Sept. 30 12 Sept. 23 58 X Sept. 24 3-54 Sept. 30 45 Sept. 6 536 Sept. 5 37 Sept. 24 954 Sept. 24 105 Sept. 28 536 Sept. 25 1954 Sept. 24 234 Sept. 27 2536 Sept. 3 1756 Sept. 23 88 Sept. 25 14 34 2 Jan. 4 Sale 40 June 20 June May : May : May : Sale 43 34 107 1034 7234 54a 254 51 4 4* 3 Sale 11 60 534 Sale 2834 936 Sale Sale Sale 48 4534 54 36 3434 Sale 54a Sale 54a Sale 234 May : Aug. 936 Sept. 4 Sale Sale iex 10% 144 Sale Sale 19% 2% 20 x 12% 2% 54a Sale Sale 20% Sale 112 32 834 Sept. x5036 Sept.. 52 56 8 34 8 534 34 54 1336 154 8054 Sale IX 1836 Sale 90 26 37 Sale Sale 4 45 10654 Sale 954 54 3154 34 % 334 56 Sale 1% Sale Sale 2634 9554 13 1 834 754 854 75 34 73 1134 8034 10 % 3634 254 x89h 7454 1134 Apr. 3 Apr. 15 Apr. 8 May Sale Sale 913$ 80 Sale 84 X 53 X Sept. 14x6034 Sept. 254 Sept. 36 Sept. Sept. 1834 Sept. 1954 Sept. 18* Sept. 1534 Sept. 28 30 Sept. Sept. 15 13 34 Sept. Sept. 23 54 Sept. 2454 Sept. 2134 Sept. 1934 Sept. 2 2 Sept. Sept. 26 29 34 Sept. Sept. 7 Sept, 836 Sept. 7 36 Sept. 7 Sept. Sale Sale Sale ay 254 Sept. Sale 94 Sale ~ epf. 1154 Sept. 1054 Sept. 534 Sept. 56 134 17 54 7734 9 % 1834 It* 91 65 61 70 Sale Sale Sale 111 For footnotes see page 40 7% 9% 1934 17 34 24 154 2234 Sept. 7 36 Sept-. 34 Sale 754 Sale 52 36 234 35 21 26 27 11 Sale 23 Sale 59 ,500 Skolly Oil Co 15 3 ,090 Sloss-Sheffield Steel & Iron. 100 4 ,770 $6 preferred * * * 1,073 ,600 Socony Vacuum Oil Co Inc. .15 1 108 ,500 South Amer Gold & Plat 18 .900 Southeastern Greyhound L 5 103 ,500 South Porto Rico Sugar * 1 ,020 8% preferred. 100 2936 1454 Sale 22 10 16 54 90 * 18 ,700 Smith (A O) Corp 9 ,500 Smith & Corona Typewr 49 ,000 Snider Packing. 834 2% 254 3334 1854 23 10 — ly< 54 81 J* * 1236 Sale 29 — 9 8 12 10 36 100 -100 * 100 1 10 13 ,300 Seagrave Corp 110 ,500 11 ,800 2 100 * 10 1 * 300 183* 17 X 2934 13 X Sale 19 Sale Sale Sale 23 34 2056 Sale 26 34 35 ,200 Seaboard Oil Co of Del 5,400 73 X 60 75 4§* Mines stock * Rustless Iron Steel Corp—1 $2.50 conv preferred {Rutland RR preferred—-100 St. Joseph Leadt 10 {St Louis-San Francisco 100 6% preferred 100 {St Louis Southwestern 100 5% preferred 100 Safeway Stores. * 5% preferred 100 Savage Arms Corp * Schenley Distillers Corp.. 5 5X% preferred 100 {Schulte Retail Stores 1 8% preferred 100 Scott Paper * $4.50 conv preferred * $4 preferred * . Sale 5834 2% 10 Class A _ 5 Sale JReo Motors Inc vtc 1 Republic Steel Corp.. * 6% conv preferred 100 6% conv prior pf ser A__100 Revere Copper & Brass _5 604 ,500 35 ,300 1,000 2,000 1,400 34,400 11,500 4,300 Sale 38 26 ,900 Roan Antelope Cop 38 ,900 Ruberoid Co capital ,900, 801 Sale 80 X 10036 25 Common 281 ,300 Richfield Oil Corp 6 ,200 Ritter Dental Mfg._ 4 15 77 60 54 470 Rensselaer & Sara RR Co-.100 154,100 Sale 100 Preferred-- 3,500 Reliance Mfg Co 146,400 Remington-Rand Preferred w w 13,900 226 ,600 Sale 10 Sale 734 Sale ,sn - 2,300 Reis (Robt) & Co 1st pref. 13.000 Reliable Stores Corp 7,800 11X - -88. 78 & p 20 X Sale Sale 11934 1836 Sept. 12 22% Sale 7 Sept. 30 7 36 Sale 86" Sept. "3 87 90 iTTZT 78 'Sep' IW2 '78 11 Sept. 5 1134 Sale 10 34 934 Sept. 19 1034 454 Sept. 12 4H Sale 736 May July 36 Apr. 23! 34 May May 23 13 4 4 11 27 36 May Jan. 2 May 109 Jan. 2 May 136 Sept. 6134 May 8 34 June 836 May Jan. 3 5134 Aug. 3 May 4036 Aug. 454 May 34 May 756 June 9536 June 356 May 12 36 May 156 May 17 56 May 11* June 67 May May 1036 May 5 May 15 10 2 Jan. Feb. Sept.30 954 Sept. 6 154 Sept. 3 14 Sept. 4 2134 Sept. 5 133 36 Sept. 4 17 54 49 11536 Jan. 105 4 9 Jan. 754 Feb. 21 10736 June 10134 June 3 11036 Sept. 3 3 16 Sept. 23 20 834 Sept. 14 30 May 64 Mar. 25 Apr. 6 Jan. 11 Apr. Apr. 9 12 Jan. 11 Apr. 5 Mar. 13 Feb. 13 Jan. 4 Feb. Jan. 7 10 Jan. 3 Apr. 29 Sept. 3 May 10 Apr. 8 May 6 Apr. 5 Jan. 4 June Feb. 9 736 May 156 July Jan. 2 Mar. 11 10 May Jan. 16 Aug. May May 10 Apr. 23 128 3 AGGREGATE SALES Since September 1940 Jan. 1 Shares Jan. 2 N. Y. STOCK EXCHANGE Shares 2.700 72.800 51,900 48,300 1,000 7,300 400 Sept. 3 Par 735,900 Southern California Edison..25 698.500 Southern Pacific Co * 404,300 Southern Railway -* 312,300 5% preferred 100 Mobile & Ohio certite—100 2,600 105,000 Sparks Withington * 5,100 Spear & Co 180 $5.50 pref. 14,300 Spencer Kellogg & Sons * 396,800 Sperry Corp (The) v t c 1 74,900 Spicer MfgCo ; * $3 cony preferred A 8,180 * 277,100 Spiegel Co Inc --2 Convertible $4.50 preferred * 9,610 122,400 Square D Co class B 1 -* 1,115,600 Standard Brands. 15,400 $4.50 preferred * 93,100 Standard Gas & Electric $4 preferred 205,100 33,900 $6 prior preferred... 7 prior preferred 187,900 — Bid Ask Bid li* 20 Sale Sale 34# Sale 37 39 2 22,100 7,800 1,020 25,600 65 480 12,600 42,700 1,000 2,000 6,700 400 4,500 37,000 27,400 63,400 7,800 7,600 6,200 4,400 31,400 52,800 5,500 580 6.700J 4,100 4,300 3,600 • ^ 480,900 Standard Oil of California—_* 25 466,200 Standard Oil Co. of Ind 862.300 Standard Oil of New Jersey .25 33i>,300 1.291,300 44,100 3,210 122,000 58,900 104,100 37,600 36.200 4,800 241,700 118,025 ™ 800 * 25,000 Starrett Co (The L S) 72,700 Sterling Products Inc 109,200 Stewart Warner Corp 122,900 Stokely Bros & Co Inc 10 69 16# 100 6% preferred 10c Sunshine Mining Co ----1 100 Sutherland Paper Co __ _. - - .10 sweets Co of Amer (The).-.50 25 Swift & Co. Swift International Ltd-.--- Symington-Gould Corp with stock purchase warrants,..--). 58.300 Without warrants......— -9 50 6,900 Talcott (James) Inc 780 5#% preferred 11,400 45,300 5,300 9,600 4,800 8,200 1,200 1,200 400 300 140 10,300 360 6,200 1,000 6,100 3,300 1,500 18,800 700 39,200 9,500 —5 25,000 Telautograph Corp -5 92,600 Tennessee Corp 574,100 Texas Corp (The) 25 * 93,900 Texas Gulf Producing Co .* 148,200 Texas Gulf Sulphur—_ 10 78,100 Texas Pacific Coal & Oil 96,500 Texas Pacific Land Trust-.--1 100 13,400 Texas & Pacific * 17.100 Thatcher Manufacturing $3.60 conv preferred——* 2.400 6,200 The Fair Co 7 % preferred 3,180 109,500 Thermoid Co $3 dividend conv 5,520 177,300 Third A venue lty — * 100 -1 pref—.10 100 25 20,400 Thompson (J R) * 153,990 Thompson Products * 54,500 Thompson Starrett $3.00 preferred * 17,400 290,900 Tide Water Associated Oil--10 $4.50 conv preferred 16,100 313,600 Timken-Detrolt Axle Co 880 7.600 6,400 24,100 33,900 210 7,800 7.800 2,100 400 3,400 44,200 41,800 1,500 30 2,200 2,000 44,100 17,100 15,500 2,500 160 7,000 1,500 9,200 24,400 1,200 15,200 500 5,100 "3". 380 4,900 8,800 220 210,500 Twin Coach Co 300 12,100 156,200 9,000 4,700 1,200 Sale Sale 2# Sale 17 16# 29# Sale 7 " "8# 22# Sale 8# Sale. 6# 7# 5# Sale 34# Sale 4# 4# 6# Sale 1 44# Sale 3# 4 32# Sale 8# Sale 6# Sale 12# Sale 16# 17 50# 50# 3# 5 32# 36# 4# Sale 29 3# Sale 4 Sale 6 Sale 12^ Sale 2# Sale 78 4# Sale 9# II# 12# Sale 24# Sale 2# 2# 24# 28 10# Sale 75 — -* —10 Corp.* — 100 1 Carbide & Carbon....-* 3 '670|Union Elec Co of Mo $5 pref..* 100 800 Union Oil. California -.25 90 200 Union Pacific Kit 100 4% preferred 100 23,600 1,700 Union Premier Food Stores Incl * 77,900 Union Tank Car —5 795,900 United Aircraft Corp United Air Lines Transport..5 1,260,400 * 27,500 United Biscuit of America' 39# 12# Sale Sale 88 Sale 114 Sale 43,100 US & Foreign Secur Corp.$6 1st preferred * 8,480 U S Distributing Corp pref. 100 9,640 2,200 7% preferred U S Hoffman Mach 5 #% conv preferred U S Industrial Alchol U 8 Leather Co Class A Prior preferred U S Pipe & Foundry U S Playing Card £U S Realty & Impt U S Rubber Co 40. . 6# Sale. 5# Sale 4# 32# 5 35 3# 5# 35# 3# 32 5# 4# 8# Sale 10 38 2# 34 3# 25# 4# 4# 34# 1# 11# 9# Sale Sale Sale Sale Sale Sale Sale 10# 40# 3# 35 3# 28 Sale 4# Sale * 5 50 * * ____* 100 20 10 * 10 Sale 14 Sale Sale 6# Sale 79 7# 9# 84# 4# 30 24 81# 8# 10# 85# 181 Sale 31 1# 3# 13# 17 17# 24# 33# Sale Sale 3# 6 # 35# 2# 33# 5# 4# 4 6# 5# 15# 1# 16# 8 31 12# 74# 111 Sale 9# Sale Sale 1# 18 Sale 78 9 8 Sale 39# 3# 28 34# 4# Sale 28# 30# 4 % Sale 4# 4# 33# Sale 1# 1# 17# Sale 9# Sale 9# 37 2# 1# 36 4 H 69 67 4# 5 5# Sale 7# 6 Sale 15 2 1# 25# Sale 7# 7# Sale Sale Sale Sale Sale Sale 36 37# 4# 4# 29 29# 64# Sale 12 1# 12# 4# 2# Sale 112# 113 9 Sale 4 Sale 3# Sale 87 81# 7# 6# Sale Sale 36 114# Sale 12# Sale Sale 84 79# 14# 27 40# 16# 14 # 52 Sale 15# 27# Sale Sale 15 " "53# ,18 Sale 1# Sale 35# Sale 4# Sale 2 # 2 H 33 Sale 4# Sale 29# 29# 67# Sale U % Sale 111# 115# 10# Sale 3# 3# 3 # 83 9# 9# 77# 181 Sale 175 4 Sale 4 Sale 10 Sale Sale 180 Sale Sale 83# Sale 76 62 Sale 55 57# 64 Sale 66# 67 67 69 1# 40 Sale 68# 70 19 20 33 Sale Sale Sale 31 5# 4# 7# 9# 37 3 34 3# 28# 4# 4# 32# 1# 12# 9# 27# 23# 4# 7# 63# 27 # 42# 4 # 16# 6# 1 # 67 4 5 # Sept. 10 15 Sept. 30 1 # Sept. 18 17# Sept. 11 7# Sept. 28 Sept. 5 Sept. 30 Sept. 4 Sept. 6 Sept. 6 Sept. 6 33 # 6# 5# 9# 10# 39 3 35 4# 31 5 # 4# 36 1# 17# 10 92 # 28# 47# 5 18# 7# 1# 68 4# 6# May 8 May 13# May 31 July 1# May 3# June 63 July 14# May 33 May 19 June 10 1 May 18 2# May 22 9# May 25 12# May 21 98 Sept. 3 Sept. 23 Sept. 24 Sept. 3 Sept. 24 Sept. 9 Sept. 6 Sept. 5 Sept. 10 Sept. 23 Sept. 9 Sept., 6 Sept. 24 Sept. 25 Sept. 5 Sept. 18 Sept. 6 Sept. 16 Sept. 30 Sept. 5 Sept. 23 Sept. 24 Sept. 26 Sept. 3 Sept. 5 Sept. 23 Sept. 5 Sept. 16 Sept. 6 4 # May "3TfMay 4# May 28# May 3 4# 33 2# 26# 5 # 3# 5 8 36 2 30 3 20 4 18 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 19# Sept. 74 Sept. 56 Sept. 67 Sept. 4# 7# 50# 24# 32# 23# Sept. 5 Sept. 8# Sept. 63# Sept. 28# Sept. 33# Sept. 1# Sept. 23# Sept. 88 # Sept. 64# Sept. 71 Sept. 22 li 25 21 23 22 July 11 May 22 May 21 May May May May May May 3 3 Jan. 39 3 7 72 f7« 38# 57# 11# 66# 40# 7# 109# 2# 7# 18# 22# 3 Jan. 4 May 8 Jan. 5 May 14 Apr 11 Feb. 9 Apr. Apr. 3 2 Jan. 3 Apr. 9 Apr. 10 Apr. 6 Sept. 30 Jan. Jan. Jan. Jan. 4 8 9 8 7 8* 4# Apr. 35# Apr. 8# 6# 12# 18# 4 June 19 May 15 5 Jan. 23 June 5 Sept. 14 Jan. 11 3 July May 21 May 28 June 11 May 28 Sept. 23 8 Feb. _ 16 Jan. 27 6 May May 10 28# Sept. 24 52 Jan. 3 7 21# 8# 2# 82# 5# 10# 13# 25# 3 # 30 13# 45 98 _ Mar. 14 Apr. Apr. Jan. Mar. Apr. Apr. Jan. Jan. Apr. Apr. Mar. 4 4 4 7 15 24 Feb. 19 4 23 4 4 14 Apr. 22 Jan. 4 May 2 Jan. 8 Apr. 8 89# Feb. 16 July 29# May 53# Apr. 23# Apr 18 Apr. 10 June 20 119 May 23 May 24 May 29 8 4 8 Mar. 21 12 18# 88# May 27 116# 17# May 21 10 4 11 97 10 June Jan. Jan. Jan. Jan. 42# Feb. 16 5# Mar. 8 34 Mar. 7 7# Apr. 8 5# Apr. 22 38# Apr. 16 4 2# Jan. May 21 June 5 Mar 5 7# Sept. 23 4 47# Apr. 53 June Mar. 5# 11 1(1 6 40 June 27 June 3 9# Jan. 3 lay— 3 —7"#""Mt 6 ~ Apr. 11 June 28 18 21 28 28 21 21 21 21 22 22 5 21 22 21 22 22 22 23 Sept.23 10# Sept. 10# Sept. 80# Sept. 181 Sept. 4# Sept. 21 20 2# Feb. 4# Sept. 4# Sept. 21 "22 25# May 1 May 8 May 8# May 81 May 18 May 35# May 4# May 10# May 4 # May 1# May 64 Aug. 3# May 6# May 5 May 14 May 1# May 13 # May 6# May o 7# Sept. 8# Sept. z71# Sept. 174 Sept. 3# Sept. 6 IS \m 21# Sept. 23 9# 13# Sept. 5 59# 78 Sept. 4 114# Sept. 30 105 12 Xk7/* Sept.26 70 90 Sept. 6 74 81 Sept. 11 15 1 15# Sept. 3 22# 27# Sept. 23 42# Sept. 31# 5 12 17# Sept. 7 12# 14# Sept. 11 111# Sept. 13 110# 52 42# Sept. 6 12 18# Sept. 24 2 1# Sept. 4 37# Sept. 26# 7 5# Sept. 30 3# 2 2# Sept. 3 38 33 Sept. 19 2# 4# Sept. 26 30 25# Sept. 25 71 60 Sept. 25 12 10# Sept. 3 114# Sept. 23 107# 3 30# May 15# Jan. 20# Jan. 17# May 6 20# May 3 29# June 6 23 May 24 56 May 24 Feb. 15 4# May 5 Apr. 2 4# May 5 Jan. 5 5 May 21 Feb. 21 5# May 5 4 65# May 46# Aug. 5 124# Sept. 17 17 118# May 10# Jan. 20 7# May 5 5 27# Jan. 12# May 5 3 2# Jan. 1# May 3 4 17# Apr. 9# May 24 35# Feb. 28 20 May 30 7# Mar.25 3—May 22 SeptT"7 Sept. 24 zl7# May 29 24# Apr. 22 16# Aug. 20 32# Jan. 25 Sept.5 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 6# Sept. 5 16 Sept. 5 2 Sept. 24 25# Sept. 30 8# Sept. 4 11# May 45# May 4# May 46 May 26# May 5 May 21 21 21 17 21 12 29 29 21 21 28 22 22 23 21 4 26# Jan. 29 Apr. 4 5 46# Jan. 35# Sept. 24 3 80# Jan. 7# Sept. 30 6"#""SeptT23' z4# Sept. 13 35 Sept. 20 3# 7# 37# 3# 23 # May 22 38 31# Sept. 11# Sept. 70# Sept. 113 Sept. 12# Sept. 83 Sept. 78# Sept. •15 Sept. 26# Sept. 38# Sept. 15 Sept. 13# Sept. lll19j2Sept. 50 Sept. 16 Sept. 1# Sept. 34# Sept. 4 Sept. 2 Sept 33 Sept, 4 Sept 29 Sept, 64# Sept, 11 # Sept, 113 Sept, 8# Sept, 4 Sept, 3# Sept. Sept. 5 Sept. 5 Sept.24 Sept. 24 Sept. 4 Sept. 23 86 112 Sale 26# Sept. 26 Sept. 3 Sept. 30 Sept. 14 Sept. 12 Sept. 3 Sept. 18 Sept. 18 Sept. 13 Sept. 12 Sept. 9 Sept. 4 Sept. 4 Sept. 7 Sept. 26 Sept. 6 Sept. 14 Sept. 3 Sept. 11 Sept. 13 Sept. 4 Sept. 11 Sept.. 4 Sept.10 Sept. 12 Sept. 3 Sept. 19 Sept. 27 Sept. 3 25 74 Sale 3# 5# 35# 2# Sale 47 s Sale Sale 7# 35 80 Sept. 13 Sept. 20 Sale 32 113# sept 92 1# 20# Sale 34 I* 6# 109# 1# 4# 15# 18# 5'%-Sept. 12 28# 46# 3J 70# 36 9# 13# 22# 34# 20# Sept. 30. 41# Sept. 30 34 Sept.24 56# Sept. 6 8# Sept. 6 58# Sept. 25 33# Sept. 5 x4 # 35 89 Sale Sale 15# Sale 25# 26# 40# Sale 16# Sale 13# 14# lll1»32ll2# 50 Sale 17 3# Sale Sale Sale Sale Sale Sale Sale 65 Sale 27 # Sept. 11 33 33 if* 3 12 13 12 25 9 11 24 Sale 32# Sale Sale Sale Sale Sale 33# Sale Sale Sale 6# Sept. Sept. Sept. Sept. 32 Sept. 1# Sept. 4# Sept. Sale 4# Sale 7# Sale 43 50# 25# Sale 34# Sale 26# 8# 11# 18# 17# Sept. 37# Sept. 29# Sept. Sale 54 Sept. 7 Sale Sept. Sale 53# Sept. Sale 30# Sept. Sale 6 Sept. Sale 107 Sept. Sale 1# Sept. Sale 3# Sept. 14# 14# Sept. Sale 16# Sept. 7,# _Sa]e 6 # "Sale 4# 4# 33# 35 1 Sale Sale 6# 109 6# Sale 1# Sale 68 63# 87 47 57 18 Sale 23# Sale Sale Sale 34 Sale 95 87# Highest Sale Prices . Sale 86# Lowest Sale Prices 1227% *18 12# 20 100 175 8% 1st preferred 100 100,700 34,200 U S Smelt Ref & Mining...50 Preferred ,.50 14,600 For footnotes see page Sale Sale 16# 15# Sale 100 114# 116 1.880 * Sale 60 26,000 United Carbon 17# 18# 10,900 United-Carr Fastener Corp— * * 2# Sale 899,600 United Corp *>3 preferred * 39# Sale 169,300 United Drug Inc 5 Sale 5 301,000 10 5 25.700 United Dyewood Preferred. 100 Sale 59 2,9*0 United Electric Coal Cos 5 Sale 5 72,700 5 34 35# 18.900 United Eng & Foundry United Fruit ---* 85# Sale 125,500 * 14# Sale 542.600 United Gas Impt Co__ too preferred * 115 116# 11,500 HQ OOO'.United Merch & Mfrs Inc vtc.I 11# Sale 5# Sale 72 000 United Paperboard Co 10 33,300 U S Freight.... 106.800 U S Gypsum Co Sale 16# Preferred 21.300 1,500 500 * 000!Underwood Elliott Fisher—* Union Bag & Paper * 100,700 44,800 80,800 4,300 81,200 10,900 79,300 910.600 10,400 Sale 2fjf Sale Sale 811 900 1,800 3,600 4,800 Sale 11# Sale 9# Sale 58 56# 122 122# Highest Sale Prices 18# 17# Sept. Sept. 25# 37 Sept. Sale 32 Sale 34 Sept. w* Sale 67 65# Sale 59# Sept. Sale 6# Sept. 7# 6# Sale Sale 5# 4# Sale 4# Sept. Sale 8 7# Sept. 8# 8#. Sale 8# 7# Sept. 7# Sale 7# Sale Sale 49 48# Sept. 49# 49# Sale Sale 124# 122# Sept. 122# 123 Sale Sale 8 7# Sept. 8# Sale 16# Sept. 17 17# 17# Sale 1# 1# Sept. 1# Sale Sale 13 12 11# Sept. 13# 12# 24# "24# 24# Sale 23# Sept. 23 4 #" Sept "4— 6* 4# 7 —AW -6" 18# Sept. 18# Sale 19# 19# Sale "17 # Sept. 10- 19# 17# Sale 17# Sale 18H 25# 34# 33# 63# 6# 4# Sale 382 7001 Union 9 ,600 ~ Sale Sale 4# 17# * City Rapid Transit....* $1.50 preferred 19.200 Twin Preferred 3,520 54 Sale 80 Sale 43 18,400 500 Sale Sale 50# Sale * 22,500 18 15# 93 87# 25# Sale 2 13,600 1,100 15 23# Sale 103.100 Timken Roller Bear 200 Sale 10 215,200 Transamerica Corp 2,600 4# 1# .* 5 463.400 Transc & West Air Inc 18,800 Tran & Williams Steel Forg..* 144,600 Tri-Continental Corp $6 preferred.. 3,800 33,800 Truax Traer Coal 3,700 Truscon Steel Co. 176,900 20th Century Fox Film Sale Sale 25# 26# 44# 33# 28 Sale 30# 30# 2# Sale 17# 18# 10# Sale 90# 90# 12.800 2,700 12.800 20 6# 107 1# Sale 32 * Superheater Co (The) Superior Oil Corp— Superior Steel Corp 93,900 500 33# 27# Sale 2 1# 5 4# 69 60# 20# Sale 41# Sale 31# 32 Ask 34# Sale 7# 53# Sale 6 30 Sale Sale 101# 103# 2# 2# 6# Sale 16# Sale 12# 21# 56# 7# Sale 5 1 * Sale 60 1 . Sale 54 52# Sale 10# Sale 8# Sale * Studebaker Corp Sun Oil.. "17# 39 30# Sale Sale 5 Scone & Webster Sale 65 20# 22# 45# Sale 34 Sale 4# 2# Sale 7 7# Lowest Sale Prices Sept. 30 Ask Bid Sale 27 # Sale 8# 26# 8# 12# Sale 20# Sale 35# 30 29# Sale „ "I'M JAN. 1 RANGE SINCE PRICES IN SEPTEMBER Price STOCKS In 39 EXCHANGE—STOCKS N. Y. STOCK OCT., 1940] Feb. 13 11 16 4 17 23 65# May 19# Apr. Apr. 42* lH 2 5 4 Feb. 13 Apr. 11 Mar. 13 Sept. 21 65# Mar. 14 May 21 May 22 d* 58* May 21 May 22 Jan. Jan. 3 3 Jan. 3 6 Jan. 117# Feb. 24 13# Mar. 12 June 10 7# Apr. 10 May 21 June 6 Jan. Aug. 24 80 5 Jan. 50 June 15 May 18 5# May 22 10 3 97 May 11 10# Sept. 23 3 10# Jan. Jan. 25 89 May 23 182# May 14 6# Mar. 9 2# May 21 25# July 17 32# Mar. 11 14 May 2i 28 • Apr. 25 7# Apr. 23 3# May 21 Apr. 23 6 May 21 May 4 19 48 Aug. Jan. 4 21# June 11 Apr. 1 27# June 14 Jan. 5 3 May 3 May 21 41# Jan. Apr. 11 68# May 22 117 Jan. 4 39# May 23 65 71 Sept. 6 22 60 May 165 §!* 15* N. T. STOCK EXCHANGE-STOCKS 40 AGGREGATE SALES Since September Shares 332,300 6,500 3,400 1940 190 40 60 20 30 1,800 1,300 3,700 4,100 180 560 "V.566 40 20 300 800 4,600 2,400 200 700 900 4,600 _.19,200 30 21,400 1 500 600 2,100 1,300 2,400 1,800 3,400 300 280 460 260 800 3,200 200 6,400 2,900 200 800 25,900 16,000 23,700 230 4,700 2,200 6,500 117 35 43 X Sale 32 Sale 2*1 Sale 44** IX 6X IX * U 8 Tobacco 25 1 » 7% preferred. United Stockyards Corp preferred (70c) * 1 * 16,600 """906 200 46,800 5,600 4,700 ' l" 000 2,900 32,500 7,900 19,600 3,700 68 151 conv preferred Universal Leaf - 6,600 20,500 35,200 39,800 6.800 234,100 —57,100 15.200 34,400 20,600 10 120 4,200 2,900 120 960 1,500 84,000 360 2,300 57,200 300 6,400 21,500 3,000 157 Sale 69 10,700 25,200 22,600 352,700 4,340 90,200 4,800 14,000 18,700 25,100 30,900 Walker (H) Gooder~& W Ltd-* Preferred * Ward 5% preferred A _* Walgreen Co.. * 4 ** % preferred with warr 100 Waldorf System Walworth Co* Baking CpjUasg Al . Warner • * 22 X 5 Bros Pictures $3.85 conv preferred * * * * tWarren Bros. Convertible preferred Warren Foundry & Pipe Washington Gas Light Co..No Waukesha Motor Co 5 Wayne Pump Co 1 Webster Eisenlohr * ♦ Wesson Oil & $4 conv West Snowdrift preferred Penn Electric Co A IX Sale IX 100 ClassB......._ 7% preferred 52.600 70.401 7,700 3,780 6,990 7,290 8,700 74,800 * 3X' Sale Sale IX Sale .47 9 6 Sale 31 ~19** Sale" 22 X Sale Sale 26 t 73 X 105 X Sale Sale Sale 7% preferred 6% Dreferred Sale Sale Sale Sale" 4X 4*| 259,500 206,400 226,100 2,670 69,900 43,200 31,700 Western Union Telegraph-.100 Westinghouse Air Brake * Westinghouse Elec & Mfg. .50 7% 1st preferred 50 Sale 1 Sale 26 X 27 X Sale 116X Sale 138 136 Weston Elec Instrument. 12.50 28X Sale Westvaco Chlorine Prod 37 Sale 5% conv * 30 preferred 5**% conv preferred 6,330 219,500 Wheeling Steel Corp 470 6% preferred 100 * 100 $5 conv prior preferred * 4,800 8,800 White Dental Mfg Co (SS).20 1 255,600 White Motor Co.. * 184,500 White Rock Mln Spgs Co ...1 200,200 White Sewing Machine $4 convertible preferred * 3,700 Prior preferred 20 21,400 26,400 Wilcox Oil & Gas 700,800 Willys-Overland Motors 6% conv preferred 254,900 411.800 Wilson & Co $6 cum preferrred 32,500 5 1 10 ; * * pf-100 38** 37 X 40 70 95 Sale 31X Sale 90 110 68 70 10 Sale 9X 12 X 6 6X Sale 4X 36** 33 Deferred delivery. rOashsales. 31** 45** 1** 1** IX 6X Sale IX Sale 59 51X o4^ 6 IX 47 14 X 17 15** 60 52X 58** 157 X 150** 157** 148 14 X 52 X Sale 55 144 75 81 X 15** X Sale 13 17** 32X Sale 25 24 27** 115 43 26 2 Sale 18 19 26 2** 22 27** 2** Sale 4 26 2 Sept. 3 2** 18** Sept. 12 22?* 115 Sept.21 117 7** Sept. 12 11** 12** May 24 May 24 8 134?* June 12 109 8X 42** 32X 80 125 5 Sale Sale.. 13X ,-4-X 13 A, , 14 15 ' 2X Sale 27 40 Sale 8** 1** 7 23 23** 24 23** 15** 16 18** 18 41 50 IX Sale 9X 10** 24 19 Sept. 25 1 ?* Sept. 6 Sept. 23 Sept. 30 Sept. 23 14 26 Sept. 1?* Sept. 8** Sept. 35 24 Sept. 5 3 4 4 35 ' 2** 12?* 25** 24** 16?* 19?* 3 2** 2?* 16** 16?* Sale 64?* 59X 60** 99?* 98** 99** 99** 101 107?* 107** Sale 109** Sale 102 101 100** 101** Sale 116 114 115** 116** 119 Sale 59** Sale 19 104** 101 Sale 27** 3** 3** 3?* 6 5** 5?* ** Sale X 101 27 19** Sale 21?* Sale 102** Sale 125** 133 Sale 33 34** 32?* Sale 34 69** 80 195 97 22** Sale 97** 120 68 Sale 8 9 Sale Sale Sale 11** 7** 5X Sept. 5 Sept. Sept. Sept. Sept. Sept. Sept. 13 13 24 .5 5 18 Sale Sale 54 52 « Sale 24** Sale Sale 72 70 35 46 Sale 87** 16** Sale 20?* 2 Sale Sale Sale 57** 80 68 45?* Sale 49** Sale Sale 110 80?* 20** 80 15** 89 Sale 124 10** 32?* Sale 1?* 2X 4X 17?* 14?* 2?* Sale Sale Sale 4X Sale 60 Sept. 25 Sept. 9 Sept. 9 5?* S6pt.16 4?* Sept.11 Sept. 7 9X Sept. 30 14 Sept. 30 7** Sept. 5 5X Sept. 3 71 Sale 27?* Sale 33** Sale 20?* Sale 95 85 Sale Sale Sale 20 Sept.16 1?* 1?* 3?* 4** 54 Sept. Sept. Sept. Sept. Sept. "95" Sale 20** Sale 15 88 Sale 95 20 19** 15 14?* 2** Sale y Ex-rights. 2 JS** May 22 4 10__June 3?* May 21 X May 16 13** Aug. 30 2 May 15 ' 30 Sept. 24 May 22 Sept. 32?* Sept. 18** Sept. 95 Sept. 80 Sept. 43 Sept. x80 Sept. 18?* Sept. 14 Sept. 113** Sept. 10** Sept. x30** Sept. 87 Sept. 16?* Sept. 14** Sept. 2** Sept. 29 Mar. 15 Apr. May 9 9 Feb. 28 Aug. 22 Mar. 14 Jan. 4 Jan. 4 Jan. 6 15** Apr. 9 4. 1 May 8 Jan. 2 Jan. 3 Apr. 5 May 9 101 Mar,15 il.?i_Jan. 335** Jan. 11 16?* Feb.: 1 9H Jan. 10 1?* Jan. 10 25** Jan. 10 4** Feb. 19 50 Jan. 3 1?* 2** 7?* 23 ** 2** Sept. 13 12X Sept. 13 31 ** Jan. Feb. 23 Apr. 16 Jan. 4 Apr. 12 Apr. 9 Jan. 8 Apr. 30 May 3 Apr. 29 Apr. 4 Jan. Apr. Jan. 4 14** May 22 28?* Jan. 28** Jan 15** May 21 Jan. 76 May 21 118 Jan. [10 May 21 138 26 Jan. 20 37?* May 38** Feb. 27?* May 21 28?* May 21 39** Jan. 70 July 50 May 28 98 Jan. 85 May 24 35** Apr. 18** May 21 Apr. 93 H June 13 105 Apr. 51 May 29 71 11** Apr. 7X Aug. 1« 14 Sept. 7** May 21 11?* Apr. 4?* Mar. 23 7 ** May 3X May 22 38 Jan. 4 57** Mar. 14?* May 22 24?* May May Jan. Jan. May 28** Sept. 24 34?* Sept. 6 21?* Sept. 25 June May May May 3?< Jan. 3** Apr. 6 H Apr. 7?* Apr. 70 [21** 28** 42** 24?* 95 June 95 85 July 85 Sept. 27 Sept. 23 52** Sept. 23 57** Sept. 30 111?* Sept. 3 82 Sept. 30 20?* Sept. 23 15?* Sept. 5 126** Sept. 4 11?* Sept. 5 35** ■Sept. 5 93 Sept. 23 20 Sept. 23 June June June May May May May June June 4 May May May 4 5 7 20** Apr. 22 24 Jan. 4 28?* Feb. 96** May 22 115 90 June 10 108 108** May 23 118?* 11 25?* May 2i 100?* May 17 105 21 .lune 10 40?* 5 2 ?* May 15 8?* 4** May 18 1 ** May 15 4 5 Jan. Jan. Mar. 4?* 2** May 21 15** May 22 29?* Aug. 26 75 91 June 3 110** Sept.23 16** Sept. 2** Sept. 6 Feb. May 10 59 2** Sept. 3 4** Sept. 28 5 Sept. 5 61 , ** May 21 3?* May 16 22 May 23 20 May 21 13** May 21 14 May 21 Jan. 26 49** 52** 57** Sale 47?*'Sept. 100 Sept. 98?* 105 82 21 %| Sept. June 26 89 120 126?* 113** Sale 11 10** Sale Sale 33?* Sale 93 85 Ex-dividend, Sale 67 45 32?* Sale 20?* Sale 73** 100 19 Sale 5 20 Sale Sale Sale 67** Sale 9** Sale 13?* Sale 5?* 5?* 112 26 19 13 6 9 25 18 5 24 5 5 27 3 115 35 115 Sale 117 93 ** July 1 ?* May 15 5X May 21 16** May 22 Sept. 19 Sept. 5 18** Sept.12 21 19** Sept.14 22?* Sept. 25 100 Sept. 9 109** Sept. 24 129 133 Sept. 19 126 Sept. 4 133 Sept. 23 33 34** 31 Sept.13 35 35 36** 32** Sept. 9 35?* Sept. 23 34 ~ Sale 34 Sept. 3 35?* Sept. 24 80 69** Sept. 6 97** 96** 96** Sept. 16 97 Sept. 23 23** Sale 21?* Sept.13 24 Sale IX 2X 4X 4X 56** 3 18** Sept. Sept. 100?* Sept. 110 Sept. 102 ** Sept. 116?* Sept. 20** Sept. 102 Sept. 28** Sept. 3?* Sept. 7 Sept. ** Sept. 60 18?* Sale 22?* Sale 107** Sale 45 35 Sale Sale 16 Sept.12 Sept. 3 Sept. 5 Sept. 20 Sept. 4 Sept.18 Sept. 11 Sale 16 Sept.30 107 101 Sept. 12 Sale 25?* Sept.13 3 Sept.13 3** 7 5** Sept. 4 Sale X Sept. 13 Apr. 36?* June 14 48 28** May 29 35 71 May 23 100 120 June 10 135 ** X 6?* 20** 95** 4** 23** Sept. 12 24** Sale 16 17** 2:15?* Sept. 12 19 19** 18** Sept. 12 3 2X 16** 58 18 35** i 6X 20X 93** 4X 2.6. May 22** 22 Mar. 27 23 10 2 28 6 22 24 15 22 23 112 ** Sept. 12 Sept. 12 X Sept. 6 Sept. 18 7** Sept. 17 Sept. 13 Sept. 27 21** Sept. 9 98 Sept. 24 Sept. 24 5** Sept. 5 Sept. 4 4X Sale 26 28 ' Sept. 3 -2SSU 28** 14 Sept. 5 13 13 5* 13** Sept. 20 -**-"SeptriT -5** Sept.25 -4?*-=~i-5 **- ^"41 .% Sept. 3 X Sept. 23 14** Sept. 10 16** Sale 18?* Sept. 24 2?* Sept. 5 2** Sept. 14 2X Sale % X X Sale 7X 7** 20** 20** Sale 98 100 100** a May May July May Jan. Aug. May May May May 15 Jan. June 24 25 24 24 11 12 10 Jan. 5 June X May 21 Sept. 4 Sept. 7 Sept. 5 Sept. 26 Sept. 30 Sept. 26 Sale 116** 116 11 9X 10 47** 44** 45 33 Sept. 4 33?* Sept. 25 33** 33 33 95 80** Sept. 12 84?* Sept. 27 84** 80** Sept. 12 125 Sept.12 125 165 125** 165 115 Feb. 20 Apr. Apr. Apr. Apr. May 45 59 3 Sept.24 Apr. 5 June 26 41 56?* 60 23** Sept. Prices Jan. May 21 IX May 22 5X May 28 May 18 Sept.20 X ** Sept. 3 13** 13** Sept. 7 29?* Sept. 12 33?* Sept. 4 28** 28** 25 112 Sept.18 115 Sale Sept.13 43** 44** 42 Highest Sale 103 X May 21 30 ** Aug. 16 5 42** June 67 75 23** 85 Sale 45 42 9 Sale 17** 110** 116 42 59 X Sept. 24 Sept. 4 124 X Sept. 24 Sept. 6 34 X Sept. 25 Sept. 25 Sept.16 47 Sept.14 IX Sept. 6 Sept. 24 6X Sept. 5 Sept. 14 IX Sept. 3 Sept. 20 51X Sept. 23 Sept. 3 16X Sept. 24 60 Sept. 24 Sept. 9 Sept. 25 Sept. 23 150 Sept. 81 Sale 32 85 3X IX 3X 5X x 117 35 47 34 46 Sale* 20?* 10 98,700 Woodward iron Co 10 485,600 Wool worth (F W) 18 * 244,900 Worthington P & M 66X 7% preferred A 100 380 60 6% preferred B 100 460 34 X Prior pref 4 ** % series 100 17.900 43 X Prior pref 4 ** % conv ser 100 18,500 6,010 Wright Aeronautical Corp...* 114 85X * 22,560 Wrigley (Wm) Jr 24X 25 23,500 Yale& Towne Mfg Co 18X 770,000 Yellow Truck & Coach cl B .1 7% preferred 100 115X 3,540 11X * 67,700 Young Spring & Wire 46X 557.500 Youngstown Sheet & Tube.. * 84 5 ** % preferred series A 100 2,500 27 * 81 900 Youngstown Steel Door 16 * 119,900 Zenith Radio Corp 2 1 100.900 Zonlte Products Corp a Sale 4?H Sale 23 X 38 X Lowest Sale Prices 53 X Sept.12 Sale Sale 20X 116 Highest Sale Prices Sale 100 112X 100 105 West Penn Pow Co 4** % pf 100 115 West Virginia Pulp & Paper..* 19** 6% preferred 100 1,00036 X 98,400 Western Auto Supply Co 10 100 36,000 Western Maryland 4% 2d preferred 100 6,800 X 100 13,900 Western Pacific 6% pref •Noparvalue. 118 ~7X 100 100 58 122 55** Sale 56** 15 Sale 14 IX Sale IX Sale 6H 7 20X 21X 95** Sale 5 X Sale • 33 ?* Sale ' 16 16 H J Wabash Ry Co 100 Wisconsin Elec Pow 6% "8",500 2 54 Steel Tobacco $6 Uni versal-Cyclops 110 Wheeling & Lake Erie Ry__100 ""540 7X 61 1? 5 United Stores A 31,700 Vadsco Sales Corp _* ** X 16 19 X Preferred 100 1,140 33 X Sale 472,600 Vanadium Corp of America. .* 37 38 5 21,700 Van Raalte Co_ 1,220 7% 1st preferred 100 114?* 115** 44 X Sale 5 22,800 Viok Chemical Co 30 Vicks Shreve & Pac Ry Co.100 55 62 20 5% non-cum preferred 100 30 Sale 5 23,200 Victor Chemical Works * 3?* 4X 50.400 Va Caro Chemical.. 29 Sale 37,800 6% preferred 100 3,830 Virginia Elec & Power 6% pref* 117** 118 Virginia Iron, Coal & Coke— 6X Sale 2,920 5% preferred 100 44 X 45 6,800 Virginia Ry Co 25 33X 35 11,140 6% preferred 25 93 Sale 1,650 Vulcan Detioning 100 60 7% preferred 100 132 3,800 24,100 24)00 -—300 Sale 990 8% preferred 10C 7,970 Universal Picture 1st pref__100 400 1,600 1,200 30,500 3,800 Sale Lowest Ask Ask Bid 66 ** 7% preferred Conv Bid 100 117X 2,867,200 United States Steel 1,700 2,800 3,900 Ask Sale Prices Sept. 30 Sept. 3 Bid Par 100,800 43,800 2,860 33,600 19,300 87,300 5,640 9,100 8,200 1 2 Jan Jan. 1 Share* RANGE SINCE JAN. PRICES IN SEPTEMBER Price STOCKS N. Y. STOCK EXCHANGE In 9 5 3 3 4 5 9 13 3 29 30 9 30 5 18 30 10 3 8 2 11 22 13 22 6 Mar. 1 Sept. 24 Apr. 5 May 8 Sept. 27 Sept. 23 Mar. 52** Sept. 23 57** Sept. 30 Apr. 9 93 Apr. 26 25 Jan. 3 129 19** Jan. 4 126** Sept. 4 14 Apr. 16 48** Jan. 3 93?* May 10 28** Jan. 4 Mar. % Companies reported in receivership. 1T Called for redemption. I \ New York Curb Exchange MONTHLY AND YEARLY RECORD RANGE Stock Sales September Jan. 1 to Sept. 30 _Shares_ NEW YORK CURB EXCHANGE ON PRICES OF September Jan. 1 to Sept. 30 8,511,394 33,586,470 1,865,992 31,769,464 1939 1940 Bond Sales 1939 1940 $37,437,000 348,835,000 $19,328,000 232,179,000 month. sales in disregarded in the month's range, unless they are the only transactions o the monthly range are shown in a footnote in the month in which they occur. No account is taken of such NOTICED—Deferred delivery, under the rule and cash sales, are and when selling outside of the regular computing the range for the year. AGGREGATE September Shares Jan. 2 Jan. 1 Shares 7,400 3,900 300 3,200 200 800 25 400 140 100 100 2,050 50 7,400 2,100 100 100 2,350 50 300 270 500 300 1,100 100 """300 525 300 3,200 80 27,000 3,800 ""800 3,912 675 2,700 375 375 Sent. 3 .1910 STOCKS Par 2,630 Acme Wire Co common ..10 —1,800 Aero Supply Mfg class A 1 Class JB 1 138,900 24,600 Ainsworth Mfg Corp com 5 1 20,100 Air Associates inc common 5? ,300 t Air Investors Inc common—* Convertible preferred 7,100 ♦ Warrants 29,500 1,800 Ala Gt Sou RR ordinary.—50 3,250 Ala Power Co $7 preferred * $6 preferred * 2,835 Allegheny Ludlum Steel— 50 7% preferred 100 * 1,700 Alles & Fisher Inc common 1,900 Alliance Investment common * Allied Internat Investing— 350 $3 conv preferred * 4,800 Allied Products Corp com 10 Class A 25 1,800 * 123,050 Aluminum Co common 21,000 6% preferred 100 5,900 Aluminum Goods Mfg * * 10,350 Aluminum Industries com * 49,100 Aluminium Ltd 6% preferred 100 3.250 1 6,800 Ameriban Beverage Corp 100 3,560 American Book Co. 1 18,700 Amer Box Board Co com 10c 1,300 Amer Capital Corp cl A Common class B 10c 5,300 $3 preferred * 2,800 950 $5.50 prior preferred * 36,200 American Centrifugal Corp__l Amer Cities Power & Lt Corp— Conv class A 25 3,725 Class A with warrants 25 5,900 Class B -.1 39,100 475 Amer Cyanamldcom class A_10 Common class B non-vot. .10 444,700 174,300 American Export Lines com._l 7,300 Amer & Foreign Power warr * 8,550 Amer Fork & Hoe Co com 10 173,312 American Gas & Electric 4% % preferred 100 2,350 10c 22,900 American General Corp $2 preferred .1 11,800 $2.50 preferred 1 1,175 Ask Did 22 X 20% 5% 5% 10% 220* - . _ 77 K Sale 22 X Sale 2% 1 9% 19 Sale* 10% 2% 12% 18% 20 Sale 18 105% 107 50 4,200 3,200 12,700 4,250 2,200 400 1,500 1,000 300 220 900 2,100 7,600 3,600 20 232,200 18,650 36,000 15,700 7,300 5,600 4,000 American 1st Superpower preferred $6 series 3,100 * Preferred $6 series American Thread 5% pref 5 Anchor Post Fence common._* Angostura-Wupperman Apex Elec Mfg Co common Appalachian Elec Power— $7 preferred 2,415 100,300 tArcturus Radio Tube _ * _ Corp - 12 13 38% Sale "~3% 25% 30 Sale 25% 31 Sale 16% 15% Sale 28% Sale 20 23 85 68 94 2 % 76 101% 92% Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 16 11 5 3 5 26 28 20 18 63 % 5 30 28;i 12% % 11 Sale 34 76 Sale 30% 31% 30 1 33 35% Sale 12 12% % % 12 10% 32% 32% Sale 111% 111% 112 3 2% Sale 3% 27 27% 26% 26% 28% 27% Sale 27% 16 16% 17 14% 15% 14% Sale Sale 28% 20 26 18% 26 17% 69 70 66 16% 14% 6 90 % % 5% 1% % 37 Sale 10% 81% Sale 1 30 34 11% 17 a 1 % Sale Sale 32 84*' 88* 7% 7% 5X Sale X Sale 73 74% 15% 15% 3% Sale 1% ib 12% 2 13% % 17 14% 28% 21 85 28^. 3\. 28% "At 66 65 70 4% 5% % 72% 12% 2% IX % 9% 113 h 2% 2% 7% X 2% Sale Sale 5% 5% 6% Sale 7% 8% % Sale 39 % 4% 1% % 14% 23 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 'As Sept. 23 29% 28% % 34% 33% 11% 10% 30 % 111% 2% 26% 27 15 73 Sale 3% 1% Sale 11% 11% 34% 112% 3% Sept. Sept. Sept. Sept. 27 Sept. 27% Sept. 17 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. At % 1% 2% 1% Sale 7% 7% 94% 100 11% 11% Sale 5 Sale 2 Sale 2 7% 90 16% Sept. 23 15 Sept. 6 29% Sept. 20 20% Sept. 6 % Sept. 3 Sept. 28 % Sept. 26 29% Sept. 26 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 70 Sept. 5% Sept. 5% Sept. 5 At Sept. 3 73% Sept. 21 13 Sept. 6 3 Sept. 4 1% Sept. 19 % Sept. 11% Sept. 4% 4% 5 4% 2 6 2 70 5 5 % 71 11% 3 1% % 11 112 At 1% 1 % 7% 8 94 95 11% 25 7 23 5 18 21 24 15% Sept. 14% Sept. 28 Sept. 4 19 Sept. 17 29 5% % Sale 7-2% Sale 11% Sale 2% 3 1% 1% % 1 9% 11% 1% 20 21 12 25 23 17 At 5 113 114 Sept. Sept. Sept. Sept. Sept. Sept. 11% Sale Sale Sept. Sept. Sept. Sept. Sept. Sept. 6 20 27 3 13 11 4 25 4 23 6 113% Sept. 28 % Sept. 5 9 7 3 5 4 2 Sept. 18 2 Sept. 5 8% Sept. 23 95 Sept. 12 Jan.. 22 Mar."13 7 May 10 Feb. 3S 22 111% July 22 3 / ug. 26 9 1% Feb. 8 X May 21 4 2% Sept. 8 May July 138% Jan. 192 118 May 108 18 16% June 5% May 42% May 90 Sept. % /ug. 36 21 27 21 16 4 29 11% Feb. 21 110% Mar. 4 4 109% May Mar. 30 49% Apr. 1 Apr. 11 Apr. 19 June 4 May Sept. Sept. Apr. Apr. Apr. 23 17 May i 1% Jan. % Jan. May 20 Jan. June 80 Mar. 28 Jan. 13 % Jan. % May 35 25% June 22% June Apr. 10 2 3 1 1 33% Mar. 1% Apr. % June 5 31 Jan. 36 May 7 26 May May 39% Jan. 19% Apr. 8 Mar. Jan. 6 8% % 9% 25% 107% 2% 22% 26 X 11 Apr. 4 31% Mar. 13 34% Mar. 21 19% Apr. 13 3 18% 13% June 16% 11% May 22 25 May 28 29% 13% May 21 25% 73 65 May 24 4 % % June 23 May 21 36 % % June 29 65 /ug. 16*109% 4% Aug. 15 10% 6% 3% May % % May Mar. Jan. Jan. Apr. May Jan. 9 11 26 9 16 11 Jan. 29 17 Apr. 3 May 6 Mar. 12 June 28 Jan. June 75 Jan. 6 May 2% May 1 May % May 8% May 17 Jan. 48 108 At 1% 1% 6% 87 11% 4 May Feb. May May May May July May May 3% Feb. 1% Mar. 9 8 6 8 2 Feb. 27 15 Apr. 18 29 115 Jan. 8 % Jan. 22 2% Jan. 21 2% Apr. 23 8% Apr. 17 99 Jan. 17 11% Aug. 21 6% Mar. 24 5% Jan. 5 % Sept. 18 % Sept. 3 1% Sept. 3 At Sept. 4 At Sept. 4 2 Sept. 10 6% May 8 % Jan. 12 % Feb. 9 1 May 15 % Mar. 8 2 Sept.13 2 1 2 Sept. 4 9 14& Apr. 27 Jan. 8 iBB Sept.23 May May July May May May May 4% Sept. 4 4% Sept. 14 Sept. 4% Sept. 2 22 6% Mar. 12 14% May 3 3% Apr. 15 Apr. 3 Apr. 4 Apr. 9 90% May 23 108 % Apr. 30 Mar. 1 82 May 25 98 1% May 21 17% Jan. 13 X May 21 58 June 7 'At Sept. 23 31 29% % 35 37% 12% Sept. Sept. Sept. Sept. Sept. Sept. . May 21 Jan. 11 4 65 % 30 72 Sale 5 5 Sale Sale .. 10 % Sept. 24 2% Sept. 4 15% Sept. 27 Sept. 21 166% Sept. 5 116 Sept. 23 17 Sept. 7 6 Sept. 5 90% Sept. 5 90 Sept. 30 % Sept. 16 41% Sept. 23 5 Sept. 18 1% Sept. 6 % Sept. 5 14% Sept. 30 2% Sept. Sept. 12 17% 6% 29 30 .May .21 20% July 31 4% Jan, 16 13 2 % 'At 14% Sale 67 64% % % %6 29 3 26 27 10 ■ 5 12 28 26 6 111% July 15% 1 69 5% Sept. 6 Sept. 11% Sept. 2% Sept. 21 Sept. At Sept. 76 Sept. 105% Sept. 96 Sept. % Sept. 24 1% 5 IX % 17X 3 Sept. 2i 20 3 * 1 6 11,200 Art Metal Works common 53,700 Ashland Oil & Refining Co.-l 11 '"% ""At * 48,100 Arkansas Nat Gas common. * Class A non-voting--. * 156,829 6% preferred —10 57,600 Arkansas P & L $7 preferred.* 1,530 800 Aro Equipment "MOO * * 2,100 Amer Pneumatic Service 4,175 Amer Potash & Chem Corp..* 135,700 Amer Republics Corp com.-10 2 20,300 Amer Seal-Kap Corp com Sale At 33% Sale Sale 90 39% 1 33 31 IX 21 % 76% % 40% 10°* 4% 12 300 76 % 31% 28% IX 5% 78% Sale 88 38 20% Sale 70 X 76 X X 5% 11 17 17X 6% 17 6 "97" Sale" Sept, JE> 22 21 22% Sept. 20 X Sale 152% Sept. 156% Sale xll3 Sale Sept. 115% 116 113% 16% . ... 2% 15% 5 13X . 5 51% 11% 2% 2% % 4 1% 159 Sale 16 3", 200 105 140 8,800 Amer Hard Rubber Co com_50 1 75* 2% % Highest. Sale Prices 23 20 21 18 Sale 2 X % 75 72% 103 104% Sale 92 % 94% Sale 3 IX _ 68,000 American Maracaibo 7,200 American Meter Co 11 Sale 2 115 14,300 American Laund Mach com .20 64,400 American Light & Traccom.25 6% preferred.. 25 4,200 4,750 American Mfg Co common. 100 Preferred100 50 500 5% 5% Lowest Sale Prices 22 5% 5% 10% 100 1,400 2,500 " Sale 5% JHighest Sale Prices ...17 21 22 21 10% Sale Ask -19 .17 Sale Sale Lowest Sale Prices Sept. 30 Ask Bid Bid Sale Sale 101 1,050 600 1 Price NEW YORK CURB EXCHANGE Since 280 RANGE SINCE JAN. PRICES IN SEPTEMBER SALES In 9 26 2 1 23 18 1 8 11 Associated Elec Industries— 300 6,200 200 American deposit rects 13,900 £1 23,200 tAssoc Gas & Elec commonClass A 139,900 $5 preferred * 27,500 200 Assoc Laundries of America-.* V t c common * 800 - 300 Assoc Tel & Tel clas* A 100 At Sale % Sale 5X 5% 102 86,500 Atlantic Coast Fisheries New 1 3 For footnotes see page 53. 65 70 60 103 Sale 2 2% 4 % % % Sale 1% 2% X % % * Atlanta Birmingham & Coast RR Co preferred I.--100 20 20 Atlanta Gas Light 6% pref. 100 3,100 At % % Sale 1% Sale % % 1 3 2% 60 65 100 65 107 64 _ Sept. 13 108 2% Sale ii 2% Sept. 5 At Feb. 21 May 29 Feb. 24 Jan. 2 Jan. 10 Jan. 3 Mar. 8 Feb. 21 2% Apr. 6 8% At % 5% % At May 10 68 Apr. 8 July 1 104% May 21 8 4% Apr. 16 1 % June NEW 43 YORK aggregate NEW YORK In l CURB EXCHANGE Since 960 1,100 6,500 1940 STOCKS 600 1,500 3,000 "'"400 2,000 2,200 5,610 10,200 230,400 8,400 24,900 3,300 19,100 9,200 17,200 6,000 50 1,200 14,800 180 100 8,500 3,400 15,900 800 1,500 16,400 200 1,400 16,700 90 600 320 149,900 267,300 78,400 3,893 1,400 25 20 $1.50 conv preferred Corp com 1 Bell Aircraft Corp common—1 Bellanca Aircraft common—1 Beech Aircraft Bell Telep Co of Canada—100 Bell Telep of Pa 6% % prof-100 "930 Benson & Hedges common—* .460 Convertible preferred- 30,200 Berkey & Gay Furniture ., .250 100 1,200 Co._l Purchase warrants Inc" common _* $2.50 conv preferred. * 2,500 3,800 Birdsboro Steel Fdy & Mach_* 266,400 Bliss (E W) & Co common—1 3,200 36,800 Blue Ridge Corp common... 1 $3 optional conv preferred.* 14,900 17,200 Blumenthal (S) & Co com * 3,900 Bohack (H C) Co common—* 7 % 1st preferred 2,710 100 15,650iBorne Scrymser Co 25 8,700 Bourjois Inc * 200 1,000 600 400 Bowman Biltmore 500 150 200 5,400 3,500 25,200 8,900 Common 7% 1st preferred 7,430 2d preferred 88,500 Brazilian Tr Lt & Pr ord 84,200 Breeze Corp 624,900 Brewster Aeronautical 2,150 * ^100 * * 1 1 * * Light Co 45,200 Bridgeport Machine com 420 10 3,400 900 2,800 200 Preferred. 1 * 7,700 Oil 100 Am dep rets ord reg 550 British Col Pow class A 10s 11,700 Brown Fence & Wire com.-.l Class A preferred * I,900 1 16,800 Brown Forman Distillers $6 preferred., 100 61,000 4,900 10,250 61,400 950 7,000 # Brown Rubber Co common. _1 Bruce (EL) Co 5 Buckeye Pipe Line... 50 Buff Niag & East Pow pref.25 $5 1st preferred * 10,550 59,800 Bunker Hill & Sullivan—2.50 2,600 Burma Corp Amer 2",900 100 300 100 100 8,500 100 6,800 300 2",300 350 1,300 100 1,400 50 130 5,900 300 500 100 3,000 1,675 1,000 250 550 dep rets— 12 %c 9,600 Burry Biscuit Corp.. Am dep rects 5%% pref__£l 1,000 4,700 Calamba Sugar Estate Co—20 1 91,700 Callite Tungsten Corp .5 100 Camden Fire Ins Assn * 100 Canada Cement Co Ltd 850 Canadian Car & Fdy 7 % pref 25 Canadian Colonial Airways—1 166,200 3,100 Can Indus Alcohol class A B non-voting * * Canadian Marconi Co 1 2,775 Capital City Products 30,200 Carib Syndicate com * 25c 1,000 Carman & Co conv A stockClass B * 4,200 * 13,300 Carnation Co common Carolina Pow & Light $7 pref.* 2,250 $6 preferred * 310 1 111,300 Carrier Con) common 1 3,700 Carter (J W) Co common * 8,200 Casco Products 10 850 Castle (A M) & Co Catalin Corp or America 1 48,238 Celanese Corp of America— 7% 1st partic preferred..100 20,375 15 II,600 Celluloid Corp common 1st preferred part. 1,580 $7 dividend preferred.. 3,425 710 14,000 Cent Hudson Gas & Elec com.* 170 Cent Maine Pow 7% pref..100 11,145 Cent N Y Pow 5% pref....100 300 10,600 Cent Ohio Steel Prod 1,300 100 For footnotes see page 53. 4% 39 3% 3% 1% Sept. 19 Sept. 5 6% Sept. 16 19% Sept. 10 18 Sept.11 1 Sept. 6 2% Sept. 4 38 Sept. 27 3% Sept. 26 5 4 12 5 June 3% June 10 Ye May 31 2 May 21 11% 1% Ye % 3% 3% May 22 Sept. 6 Jan. 25 June 11 May 22 May 22 15 Aug. 5 14% Jan. 12 % July 3 2% Aug. 28 34 May 25 Jan. 3 19 23% Jan. 4 Feb. 15 6 2% Mar. 19 4 Apr. 5 19% May 9 2% Aug. 28 % Jan. 11 1% Jan. 15 6% Feb. 9 7% Mar. 28 20 Mar. 14 18 Sept. 11 10 1 % Feb. 4% Apr. 15 53 Jan. 2 3% Apr. 30 27% Sale Sale 7 6% 78 % Sale 28% Sale 26% Sept. 12 29% Sept. 23 18% May 21 30% Apr. 22 Sale 26 Sale 22 27% 6% 6% % 1% 18 27% 8% 7% % 1% 11% 7% 16% 7% % ye 5% 1 9% 5% 7% 12 y8 1% 5 7% Sale 1% Sale 15% 1 5% 5% % % 6% Sale 5% 6% Ye Sale Sale 10 5% 14% 10 10% 6% Sale 5% 14% Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 10 Sept. 6% Sept. 15% Sept. 23 23 23 5 26 21 7 23 2 23 10 30 10 30 20 21 10 21% 15 25 4% 3% 15% 5% 4% 17 4 % 12% 4% 3% 5% 4% 15 5 5 15 17 20 7 % L22% 37J4 Sale 6 Sale Sale 7% 16% 4% 105% Sale Sale Sale Sale ill" 23 40 Ye Sale 3m.. % 13% 14 38 38% 6% 7% 1% 14% 6% 2% 26% 27 5 6% 3% 30 28% Sale Sale % % 37 Sale 6% 2 6% 3 18% 25 5% 22 20 5 14 Sept. 11 Sept.18 Sept.16 15 10 6 Sept. Sept. Sept. Sept. Sept. 4 11 19 21 10 36 Sale 11% 39% Sept.10 Sept. 3 19% Sept. 25 4% Sept, 5 109% Sept. 9 121 Sept. 21 Sale Sept. % Sept. *64 Sept. 11 % -Sepi.. 38% Sept. 6 Sept. 4 26 19 12 4 ' Sept.10 Ye Sept. 7 *64 Sept. 26 12 Sept.19 38% Sept. 12 7% Sept. 19 36 6 14% Sale 13% Sept. 12 15% Sept. % 36% 7% 2% 19% Sale 39 37 % Sept. 4 Sept. 3 6% Sept. 4 2 Sept. 4 19% Sept. 11 32 Sept. 3 5% Sept. 3 % 37 8% 2% 19% Sale 32 17 ' 11 7 Sale 8 3 24% 35% 6% 33 6 4% Ye % 8 6 22 3% May 23 9% May 21 2 Jan. 4 25 20 Jan. 3 25 3% May 17 6 June 4 121 37% 3 6 14% 1% 40% 40 38% 6% Sale Sale 107 121 39 164 37% 5% Sept 4% Sept 5% 16% 3% 104% Sale Ye Sale Ye fH3TT2" 20 31 33 "38 % 3 14% 23 31 35 5% 18% .3% 103% 448% Mar. 21 4% 21 21 23 21 20 5 8 May May May July Mar. May 1 Sale 6% 5% % 9% % Sale 6% 8% 1% 1% l3/» Sale ava 6 11% Sale 35% 37% Sale 55 3 49 % Sale 2% 3% % % 3% Sale 5% Sale %6 2% % 3% 5% % 2% % Sale Sale % 2% % 3% Sept. 25 Sept. 20 Sept. 11 Sept. 3 5 Sept. 11 9% Sept. 13 5 Sept. 5 Sept. 3 Sept. 24 Sept. 24 Sept. 11 40 Sept. 5 6% Sept. 5 13 12% Feb. 21 15 6 6 9 15 Mar. 16 9 15 9 Jan. 22 125 Mar. 13 43% Jan. 46£ 24 Apr. 5 Apr. 19 Feb. a* 36% June 4% May 2% May 12 Aug. 27 Apr. 16 Mar. 26 Sept.19 Jan. 4 22% May 10 % Aug. 13 33 % June 5 3 H May 22 1 % June 26 16% May 21 June 5% Apr. 1 26 19 9 20 136 % Mar *84 Sept. 10% July 28 Jan. Jan. Jan. 4 10 3 Feb. June 30 May May Apr. Apr Sept. Apr. Jan. Apr. Apr. 8% Feb. Apr. 3% May 13% July 3 May 88 July 114 Apr. 23 May 4 4% May 22 1% 25 2 10 Sale 38 32 % 2% % 3% 5% Sept. 3 5 Sept. Sept.11 Sept. 6 Sept. 5 Sept. 6 34 38 Sale 30% 1% 31 % Sale 35 1% Sept. 3 Sept. 7 2% Sept. 5 1 Sept. 23 23 Sept. 12 11 Sept. 4 31 3% Sale 1 2% % Sale 3 1% 29% % 22% 12% 11 25% 11% 39 12 11 11% 37 33% 13% 13% 11 1% Sept. 18 Sept. 7 3% Sept. 30 1% Sept. 30 39 Sept.30 11 % Sept.26 31 37 % % Sept. 25 2% Aug. 21 % June 21 2% June 26 3% May 15 Sale 8 May 28 36 Sale 10 2% 1% 28% 13 14% 7 Sept. 10 13% Sept. 7 12 12 7 12 18% Sale 18% 20% 1% 1% 16 Sale 27 4% Sale ----- 12% 17 22 14 2 2 28 24 17 Apr. 1% May May 1% Apr. % Apr. 20 May ,10% May 30 May 29 May 22 10 7% July 18 7% June 18 10% Sale 2 7 1% 11% Sept. Sept. 2% Sept. 8% Sept. 10 2% 2% 35% 1% 2% 19 2% 35 30 4% 17 20% Sale 19 12 2% 1% 1% 4 17 Sale 20 10 32 1% 8% 37% 1% 7% 37% 2 36% Sale 21 Sale 20% Sale 99 Sale 99 10% % Sale 1 100% 13% !13% Sale" 2% 1% 2% 1% 1 3% 4% 17% Sale 1% Sale % 11 2% 15 1 9% Sale 1% Sale 22% 24% 5 5% 38% 39 100% Sale 92% Sale 13% Sale 7% 7% 10% 11 20 Sale 2% 2% 107 3% 72 21 14% Sale 3% Sale Sale 14% 6 15 Sale 13 6 1 % 1 % Sale 7 8 Sale 1 % 1% Sale % 1% 12% Sale 20 5% 11 2% 18% 3% 12% 5% ft 9 % 20 % Sale 24 20 15 6 1% 1% Jan. 8 Apr. 4 Jan. 30 Mar. 26 Mar. 28 Apr. 3 Apr. 5 45 8% 2% 31% 48% 6% % 8% 1% 8% 7% 17% 36 Feb. Feb. Feb. Apr. Apr. Mar. 15 13 9 8 25 28 Apr. 17 3 3% Jan. May 5 7 1% May 7 49 4 39 Jan. Sept. 30 14% Apr. 6 34 Mar. 5 17 Apr. 5 20% Feb. 1 Feb. 9 20 , 7 3 3 % Sept. 10 12% Sept. 27 2 Sept. 12 13 Sept.17 5% Sept. 13 1% Sept. 20 122% Sale 4 4% 78 79% 25% 26 13% 14% 109% 110 98% Sale 8 8% Sale Sale Sale 15% 2% 123% 3% 76 24% 14% 98% 7% 17 2% % Sept. 16 1 Sept. % Sept. % Sept.10 12% Sept. 27 2% Sept. 21 14% Sept. 6% Sept. 1% Sept. 7 7 6 % Sept. 5 1% Mar. 22 15 Feb. 36 5% July Sept. May xyjuxy % Feb. 17 May 5% Apr. 9% July 5% May 1 June Feb. 13 4 108 Jan. Jan 14% 2% Jan. 1% Jan. % June 7 % May 23 y± 7 5 22% Jan. 43 Jan. May 90% May 9 May % June Ye Aug. 16 11 1 27 9 38 June 1% May 28 May 5% Feb. 18% Feb. 1 2% May May 17 4 4% Jan. 11% Jan. 26 1% May 3 3 Yt Sept. 20 7% Sept. 6 % Sept. 3 9% Sept. 25 % Sept. 3 24 Sale Sale 7 1% Jan. 13 July 30 May 21 1% May 15 8% Sept .'26 16 9 5 12 5 1 % Apr. 3 1 Mar. 12 25 29 15 21 3 3 30 3% 18% 2% 17% 5% Apr. Mar. Apr. May Apr. 22 Jan. 22 17 11% Apr. 16 2% Jan. 22 10 22 28 3 1% % 9% Sale 8% 6% 7% 18% 2% 8 7% 1% Sept. 4 8% Sept. 26 38 Sept. 23 21 % Sept. 5 100% Sept. 20 13% Sept. 25 Sept. % Sept. 5% Sale 5% 5% 6% 37 33 32% 33% 35 108% 109% 108 108% Sale 102% 103% 105% 106% 104 106 '97% "§7% Sale 2% Sept. 26 % Sept. 1 % 1% 21 3 % 1 % Sale 13 • 9 1 % Sale % 20% 22% 6% Sale 2% 3% 2% 3% % % % % 13 18 Sept.12 20% Sept. 23 2% Sept. 3 8% Sept. 26 1% Sept. 7 Sept. 36% Sept. 20% Sept. 98% Sept. 10% Sept. 39 Sale 22 Sept. 12 21 17 26 30 Sale 28 4,500 Cable Elec Products com—50c Voting trust ctfs 50c 9,100 Cables & Wireless— 84", 500 38 38 % 2% 17% Sale Sale 16 26 21% _ 350 18 16 Sept. 6 Sept. 6 % Sept. 5 3% Sept. 24 16 Sept.25 2 Sept.16 14% Sept. 3 4% Sept. 19 % Sept. 12 3 Sept. 6 14% Sept. 16 1% Sept. 6 ! * 26,600 tBrown Co 6% preferred.. 100 i",I6o 5,800 17 Lt$l— 2,000 2,100 18 3 Highest Sale Prices Ltd— dep rets ord bear__£l Amer dep rets ord reg £1 1,700 1,100 1,100 5% 35 „ Lowest Sale Prices Co— Amer Celanese 4 5 17 14% Vh Ye 2% Sale 14« 16% 1% 1% 3 % Sale 51% Sale Registered British 1% 3% 5 15 — British Amer Tobacco 2,200 2,100 1% 4 4 12% 5,600 7% preferred 100 7,250 2,300 Brillo Mfg Co common——* Class A 1% 1 3% it* Highest Sale Prices 1% Sept. 19 3% Sept. 21 4% Sept. 6 18 Sept. 6 16% Sept. 27 % Sept. 27 2% Sept. 10 35 Sept. 6 3% Sept. 26 % P 33 * Class B British-American 200 100 22,300 Brill Corp class A 380 1,100 15% 15% 3% % 3% 15% 1% Ask 16 4% % 3% 15% 2 Hotels— 25 Bridgeport Gas 2,400 Sale * common 14",000 3,600 3% 15% 45 —Sale 1|j7Q0ilTSTckford's 775 Blauner's 500 Sale Sale % 2% 2% 13% 14% 1% Sale Auburn Central Mfg * 126,800 Babcock & Wilcox Co Baldwin Locomotive— 19,450 7% preferred 30 Purch warr for common 250,300 9,100 Baldwin Rubber Co com—-1 1 6,300 Bardstown Distillery Inc ---1 45,800 Barium Stainless Steel 4,600 Barlow & Seelig Mfg conv A. .5 10,600 Basic Dolomite Inc common.. 1 319,800 Bath Iron Works Corp 1 600 Baumann (L) & Co com * 360 7% 1st preferred 100 420 7 % 1st pref vot tr ctfs—100 1 6,600 Beau Brummell Ties Inc 1,200 Beaunit Mills Inc common. .10 7,900 13,300 2,500 14% 4% 1 Atlas Drop Forge Co com Atlas Plywood Corp Ask Bid Bid 50 Lowest Sale Prices Sept. 30 Sept. 3 Par Purchase warrants 6,000 432,000 Aviation & Transport Corp.-l 3,840 Axton Fisher Tob class A—10 3,300 Ayrshire Patoka Collieries ...1 20 280 (Continued) Atlantic Coast Line Co Atlantic Rayon Corp. Atlas Corp warrants 5 * Corp—* I Austin Silver Mines 1 Automatic Products Corp_.__5 Auto Voting Machine com.. Avery (B F) Sons Co 5 825 6% preferred with warr 25 800 6% preferred ex-warr—-.25 250 1 Price Jan. 2 Jan. 1 Shares Shares RANGE SINCE JAN. prices in september sales September EXCHANGE CURB 7% 7% 20% Sale 7% 7% 6% 17% 2% 120 Sept. 30 5% Sept. 4 35% Sept.18 109 Sept. 7 106 Sept. 30 Sept. 26 Sept, 3 Sept. 25 9% 7% 7% 18% 2% Sept. 24 Sept. 3 Sept. 3 Sept. 4 Sept. 30 Sept. 12 Sept. 3 Sept. 12 Sept. 4 Sept. 23 Sept. Sale 4 Sept. Sale 78 Sept. Sale 25% Sept. 14% 13% Sept. 110 Sept. Sale 98 Sept. 8 8% Sept. 124% Sept. 5 4% Sept.16 82 Sept. 27% Sept. 24 14% Sept. 9 110% Sept.23 99% Sept. 6 5 8% Sept. % May 20 6% May 23 % May 21 1% Apr. 9% Jan. 1% Jan. 8 3 2 25 Feb. 9 7 % May 1 40% Apr. 11 May 7 97% May 27 109 Sept. 25 86 May 22 106 18% May 28 4% May 29 May 15 27 5% May 21 5% May 24 6 May 15 15 June 10 1% May 24 15% Jan. 3 7% Apr. 29 12 Feb. 8 20 Jan. 2 3% Jan. May 24 127 5% 2% June 4 69% Jan. 19 87% 20% Jan. 5 34% 17% 13 June 10 106% Jan. 3 110% 91 June 5 105% 10% 6% May 21 98 8 1 May 1 Feb. 9 May Feb. 15 8 Feb. Sept. 23 Apr. 5 Apr. 8 OCT., 1940] CURB I ORE NEW 43 EXCHANGE AGGREGATE PRICES IN SEPTEMBER SALES In September _ Shares 300 5,800 2,100 125 300 150 125 . NEW YORK CURB EXCHANGE Since Jan. 1 RANGE SINCE JAN. 1 Price Jan. 2 Sept. 3 1940 Shares Ask STOCKS (ContinueJ) Par Bid 3,305 Cent Pow & Light 7% pref. 100 109 110 Central & Southwest utilities 44,300 Common 50c K A 115,100 Central States Elec common.. 1 3* Sale 2,275 734 9 7% preferred 100 7,575 23* 3 5* 6% preferred 100 Conv preferred 1,675 23* 35* -100 925 Conv pref opt ser 1929.-100 2% 3 Bid Sept. 30 Ask Bid 113 116 5* Sale He Sale 35* 5 15* 154 1 154 1 15* „ Lowest Lowest 5* 5* 35* 15* 15* $ Sale* 35* 45* 15* 15* 15* 15* 154 15* 1 Highest Sale Prices Sale Prices Highest Sale Prices « Sale Prices 1125* 1145* 113 Sept. 4 114 Sept. 5 Ask Sept. Sept. Sept. Sept. 13 Sept. 23 Sept. He He 3 5* 15* 15* 15* Sept. 20 Sept. 17 955* May 28 1155* May 4 Sept. Sept. Sept. Sept. Sept. Sept. May 18 18 3 24 14 6 20 Jan. 3 ~ He 5* He 6 5* Jan. 3 5* Jan. May May May May 15 15 14 15 4 83* Jan. 25* Jan. 3 4 3 3 2 5* Jan. 2 5* Jan. Ohamberlin Metal Weather 100 425 "'"850 700 800 " 1,450 16,600 3,500 1,000 100 560 300 1,900 """500 1.700 750 2,100 ""800 200 4 4 5* Strip Co 5 Charts Corp common 6H 7H 10 Oherry-Burrell Corp com 5 Chesebrough Mfg 25 110 ~ Sale 72 Sale Chicago Flexible Shaft CO—5 93* 10 Chicago Rivet & Machine 4 7,600 Chief Consol Mining Co 1 5* 5* 10,775 Childs Co preferred 235* Sale ---100 258,200 116,930 10,500 2,120 2,960 2,640 28,200 2,000 1,850 35,400 2,400 10,600 62,100 3,500 17,000 10 45* * * $6 preferred BB * Cities Serv Pr & Lt $6 pref—* $7 preferred * City Auto Stamping Co * City & Suburban Homes 10 5751 Cities Service common-' $6 preferred 60c preferred B . 18", 000 2,150 450 8,200 7,400 500 700 200 1,000 5,300 700 1,900 340 240 3,400 350 400 10 100 5,400 590 4,300 400 4,200 200 5,300 2,100 2,600 280 1,500 200 300 Cleveland Elec Ilium 500 1,000 1,100 400 1,200 100 ""50 1,700 1,660 290 3,600 300 1,800 100 220 1,000 50 600 300 700 2,300 500 1,300 20 "loo 550 Clinchfield Coal com 100 Club Aluminum Utensil com.* Ltd 4 ""500 1 com 11,750 Consol Min & Smelt Ltd 7% prior preferred 3,240 3,700 Continental Oil of Mexico 34,100 Cont Roll & Steel com 4,350 Cook Paint & Varnish Co 5 OH Sale 64 Sale 25* Sale 3si Copper Range Co Cornucopia Gold Mines Corroon & Reynolds $6 preferred A 15* 365* 5c 1 * Sale 41 775* Crowley Milner & Co com Crown Cent Petrol (Md) Crown Cork Internat cl A 15* 55* 92 He 65* I 8 8 Sale Sale Sale Sale 15* Sale Sale Sept. 3 45* Sept. 19 25* Sept. 19 35* Sept. 5 15* Sale He 65* 95* IX 75* 15* 85* 1 225* 55* 3 5 * 1 35 1 70,500 Decca Records common. 1 4,900 Dejay Stores Inc common 5 10,700 Dennison Mfg Co class A $6 prior preferred 50 2,725 8% debenture stock—-.100 460 * 10,700 Derby Oil & Ref com A conv preferred —* 120 1 4,700 6 % preferred w w —20 2,600 Detroit Gray Iron Fdry com_.l 15,700 6,900 Detroit Mich Stove Co..—-.1 Detroit Paper Products.--—1 9,-200 Detroit Steel Products 10 14,200 80 De Vilbiss Co common——10 7% preferred 10 200 Diamond Shoe Corp com * 1,025 Detroit Gasket & Mfg Co 25* 25* 2 8 30 "35* He Sale 15* 134 He Sept. 4 15* Sept. 12 Sept. 10 35* Sept. 5 3 Sept. 15* Sept, *32 Sept. 9 15* Sept.12 115* 125* 105* Sept. 13 12 41 1 Sale 15* 78 25* Sale 745* 1153* 108 Sale 15* 2734 25* 15* 285* 3 96 15* 55* 15* 55* 94 He He 75* Sale 95* 105* 7 5* 26 Sale 31 5* 1 Sale 15 655* Sale 15* Sale 7 85* 134 243* Sept. Sept. Sept. Sept. Sept. Sept. 25* Sept. Sept. 27 15* Sept. 21 55* Sept. 17 93 925* Sept. 4 65* Sept. 12 95* Sept. 75* Sept. 27 275* Sept. 6 1 1 205* 225* 5* 03* 5 35* 8 334 7 34 55* 55* Sale 55* 15* 2 13* 2 1105* 111 11034 114 6 75* 55* 65* 20 Ax 33* 165* 10 115* 25 5 45* 15* 10 295* 75* Sale 45* Sale 235* 45* 35* 1 27 Sale 90 15* Sale 40 50 105* Sale 165* 17 15* Sale 15* 15* 1 15* 22 Sale 95 15* 28 95* Sale ' P *18 19 "3 21 Sale 10 285* 295* "i~5* 15* £1 125* 245* 115* 29 35* 18 Sale 25 Sale 5 Sale 35* 1 275* 97 8 45* 145* Sale 5 15* 325* 95* 115* 17g 18M 15* 2 5* 5* 205* 215* 235* Sale 10 105* 30 13* 23* 15* 6% 13 Sale 55* 4 16 115* 125* 100 76"" "77" 45* 15* 30 100 1 29 8* 54 61 20 gg 15" Sept. 28 3 7 18 35* May 21 34 May 16 % Aug. 17 55 May 29 1 Aug. 5 65* May 21 5 24 20 6 24 25* Sept. 6 15* Sept. 35* 5* 15* 15* 35* 5 55* Sept. 12 15* Sept. 20 55* Sept. 3 15* Sept. 20 65* Sept. 65* Sept. 35* Sept. 5 . 63* Sept. 25 Sept. 45* Sept. 35* Sept. 15* Sept. 27 Sept. 95 Sept. 1 Sept. 29 Sept. 4 35* Sept. 23 115* Sept. 23 265* Sept. 26 5 Sept. 7 35* Sept. 17 15* Sept. 4 275* Sept. 12 975* Sept. 20 15* Sept. 18 30 Sept. 10 x 11 Sept. 175* Sept. 134 Sept. 2 Sept. 5* Sept. 21 Sept. 235* Sept. 734 May May | May 134 Feb. 5* Sept. 125* May 215* Sept. rclO Apr. 205* July 145* Sept. 15* June 95* 173* 15* 15* 5* 185* 215* 4 25 4 3 5 18 26 Sept.' 3 Sept. 23 Sept. 10 Sept. 4 Sept. 20 Sept. 10 Sept. 12 Sept. 4 145* Sept. 13 3 30 Sept. 155* Sept. 3 85* Sept. 11 4 Sept?19 67 60 June 112 7 28 11 22 17 28 5 15 Sept." ~5 68 s 3 3 May May 18 Feb. 5 Apr. 23 Jan. 3 Feb. 20 Feb. 28 45* Jan. 9 Feb. 14 19 193* Jan. 32 8 Feb. Jan. 5 10 3 5 Apr. 9 15* Feb. 23 275* Feb. 23 98 Apr. 0 2 Jan. 3 375* May 29 15 115* Apr. 15 17 5* May 10 15 13* Jan. 2 25* Mar. 23 15* Apr. 10 23 20 28 22 12 28 16 xlO 29 30 13 155* 8 15* 4 10 5 5* Mar 6 Mar. 29 625* 75* Jan. 24 3* May 63* Jan. % Apr. 9 15* Feb. 15 May 23 55* June 10 6 65* Sept. 8 23* Apr. 135* Apr. 2234 3* 85* 105* 25* May 15 25 3* May 2 9 19 1% Apr. 4 634 Sept. Feb. 83* Feb. 15 845* Feb. 1 Sept. 18 Sept. 26 Mar. u 15* Feb. 15 775* Feb. 16 4 29 13 65* Sept. June Feb. 3 Apr. 15 55* Feb. 23 115* May 30 17 He May 22 14 105* Jan. 15 ~ 5 72 25* May July 85* May 21 May 45* May 8 5* May 25 Jan. 30 23 14 5* May 6 May 5 July 15* May 108 May 65* Aug. 16 10 66 685* May Jan. May Jan. July % May ^ 18 5 6 JJf* Aug. 26 5 21 3 8 4 6 19 25 13 65* 4 Jan. 5* Jan. 6 5* May 22 23 May 22 25* 15* 56 64 1 98 24 11 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Feb. 2 Sept. 24 May 0 Jan. 5 May 27 5* Jan. 4 May 24 7 May 15 4 3 2 Apr. 29 Feb. 6 Apr. i Jan. 24 Feb. 15 Jan. 4 Apr. 9 84 145* 45* He 15* 25* 45* 15 Feb. 35* 9734 15* 65* 7 25* Sept. 6 Sept. 24 35* Sept. 11 5* Sept. 16 15* Sept. 2 Sept. 4 Sept. 5 13 30 "14" * » 15* 37 * Co com 1 45,000 Dobeckmun Co common 2,400 50 Dominion Bridge Co Dominion Steel & Coal B ...25 8,700 3 15* 15 2.50 — 25* 133* 35* 5* 15* 15* Feb. 1 % May 21 May 22 15* May 22 35* May 15 75 Sept. 23 105* Sept. 23 295* 45* 5* 15* 695* 15* 85* 705* Feb. 21 25* Jan. 4 18 8 35* Sept. 13 5* Sept. 4 1 Sept. 5 65 Sept. 11 1 Sept. 9 8 Sept. 19 9 10 25 10 16 1034 Sept. 13 Sept. Sept. 27 15* Sept. 21 55* Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Jan. Jan. May May 385* Apr. 25 5* Apr. 5 3 9 Feb. 26 6 85* Jan. 3 45 425* Apr. 6 34 Aug. 15* 15* May 15 35* 675* May 9ft 835* 111 May 25 120 108 Sept. 24 108 2 134 Jan. 25* 18 June 395* 93 935* Sept. 2 Feb. 19 Feb. 28 Apr. 16 May 9 215* June 10 5* May 29 3 1 Sept. 23 23* Sept. 3 7934 Sept. 27 117 Sept. 6 108 Sept. 24 15* Sept. 4 275* Sept. 24 5* Sept. 2 11 9 5* Jan. 134 Mar. He Jan. 15* Jan. 265* Sept. 24 5*Sept. 7 Sept. 7 134 May 23 2434 Sept. 5* Sept. 45* 45* 175* Sale 285* Mar. 55* Aug. 25* 45* 7 5* 88 June Feb. 28 Apr. 22 Jan. 35* May 23 35* May 21 May 28 22 5* A* V* 5* May 28 5 3 255* 255* 5* Sale Mar. 19 1155* Mar. 19 485* 75* 25* 354 51 19 Sale 7I* 110 22 15 22 23 5 21 May 4 May 1 May 2 May 35* Sept. 65* May 6 2 15 July 13 July 15 May May 43* May 45 May 75 May 85 May 45* May 6 May 12 May 5* May 35* Mar. 63 Sept. 18 15* Sept. 12 ar.20 79 H July 49 61 15* 1 Sale 0 62 4 35* Apr. 29 Jan. 67 4 L, 4 4 7 534 Sept. 25 8134 Sept. 24 Sale Sale 5* 134 25* 45* 135* Sale 35* Sale He 5* 15* Sale Mar. 9 20 5* Sale 1 3* 12,300 Daroy Petrol Corp.. 1,650 Davenport Hosiery 17,450 Dayton Rubber Mfg Class A conv.. 2,980 Sale Sale Apr. Apr. 10 4 Sale A** 66 62 83 4 4 6 435* Sept. 55* Sept. 8 43* Sept. 76 Sept. 5* 2 735* 15* Sale 95* Sale 1 15* 72 June May 21 He June 28 7 Aug. 29 6 5* Sept. 92 93 May 28 117 55 5 £155* Sept. 5* Sept. 40 10 3 93 100 275* 35* 115* Sept. Jan. 5* Sept. 635* 4 8 734 Mar. 13 H '5* 35* 55* 55* Sale 79 Sale 134. 4 5* May June 95 Sept. 24 Sept. 28 Sept. 28 65* Sept. 6 755* Sept. 23 7 Sept. 19 735* Sept. 25 106 Sept. 20 111 Sept. 20 65* Sept. 25 Sept. 5* Sept. 1165* 117 117 Sale 24 24,700 Crown Drug common——25c 7% conv preferred 25 950 * 200 Crystal Oil Ref Corp com $6 preferred.. 10 300 5 19,600 Cuban Atlantic Sugar Co 1,600 Cuban Tobacco common—..* 100 920 Cuneo Press 65*% pref 5 800 Curtis Mfg Co (Mo) Dominion Tar & Chemical 254 92 VA Sale 15* 15* Am dep rets ord reg Divco-Twin Truck 35* o 75* common 15* 245* Sept. 23 10 37 He 12 116 4 OH 435* Sale 45* Sale 2 25* 25* 25* 35* 5 85* 95* 3S2 25 5* 25* 14 25* July 10 45* Sept. 17 £1 Crocker Wheeler Elec Mfg—* Croft (The) Brewing Co 1 78 5* Sale 1 Distilled Liquors Corp new Distillers Co Ltd— Sale 375* * 50 Star footnote* see page 53. 35* Sale 1175* 35* 95* 5% conv preferred.. 1,240 Draper Corp.. 5 Sale 4 55* Sept. 705* Sept. 65* Sept. 108 117 * Cosden Petroleum com 55*% preferred Sale 37 25* 815* Sale* 55* 754 5 25* 35* 35* 105* 6 107 72 Sept. Sept. Sept. . 15 Sept. 20 55* Sept. 13 10 72 Sept. 905* 288 Sept. 945* 97 x945* Sept. 65* Sale 55* Sept. 154 24 7 73 Sale He 15* 1754 Sale * 10 65* 1654 63 15* He 1 1 Cooper Bessemer Corp com. _ $3 prior preferred New 6 6254 15* 15* Sale 34 * 5 550 5* 354 45* 76 Sale 15* 100 Am dep rets for ord stk reg _ 1,000 --5 132,900 Creole Petroleum com 100 ""230 4H 7 Sale 65* 68 —100 12,100 Cons Retail Stores Inc com.__l 230 8% preferred—--100 10 6,700 Consol Royalty Oil.. 57,500 Consol Steel Corp common... Continental Gas & Electric— 200 4,900 3 83 73 86 Sale 3 "85* "16" 2 45* 7H 55* Sale 96 45* 15* Sale 15* Sale Sale 40 Sale 5% Sale 2 25* 3 Sale Sale 92 100 * 100 34% series B pref 4% pref series C 554 * Cleveland Tractor com 56,500 Consol Gas Util 2,200 72 60 89 Sale Sale 4 4 5 4 6 55* Sale 45* 105* 115* 1154 99 1045* 1065* 100 6854 67 725* 685* 95* 95* 10 95* 5 5* 5* 10 Sale Sale 95* 75* 43 5* com— 1 8,500 Consolidated Biscuit Co 31,400 Con Gas E L & P Bait com—* 38,400 33,200 1,000 23,400 10.600 7S* 6* Courtaulds Ltd 8,900 4,700 1,800 Sale 58 6 Claude Neon Lights com 1 Clayton & Lambert Mfg Co..4 17,200 Colon Development Co Ltd. is 3,900 6% convertible preferred £1 66,900 Colorado Fuel & Iron warr— ." 23,530 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp— 7,225 5% preferred -.100 1 109,700 Columbia Oil & Gas com Commonwealth & Sou Corp— Warrants 203,100 6,100 Commonwealths Distribut—1 Community Public Service— Common 25 17,250 1 5,900 Community Water Serv Compo Shoe Machinery— V t c ext to 19461 8,500 Conn Gas & Coke Security— 50 $3 preferred * 1 19,100 Conn Telep & Elec Corp 44,400 4,200 28,400 13,500 14,000 1,310 72,000 9.800 54 84 93 5* 5* 95* -1 Clark Controller Co 400 Cockshutt Plow Co 2,280 240 5% 66 9 55* 55* 155* 3,700 Cohn & Rosenberger com..--* 500 35* 55* 105* 9754 4,100 2,625 1,375 5,500 15,550 5,600 July 31 Jan. 2 2 Apr. 22 Apr. 16 Sept. 4 Sept. 20 Apr. 25 Jan. 9 Apr. 25 Apr. 5 May 2 Jan. Mar. 3 6 Mar. 29 Jan. 11 YORK NEW 44 EXCHANGE CURB AQQREQATE CURB Since Jan. 2 EXCHANGE STOCKS (Continued) Par 2,654 Driver Harris Co common—10 120 7% preferred. _ 100 1 35,300 Dubilier Condenser Corp 100 4,125 Duke Power Co * 5,300 Durham Hosiery cl B com 21,300 Duro-Test Corp common 1 15,400 Duval Texas Sulphur * Bid -.10 12 Sale Sale 44 Sale Eagle Picher Lead Co Assoc IX a * 2% OA 6% preferred 100 4*% prior preferred 100 Eastern Malleable Iron Co.-25 Eastern States Corp com 1* Sale 75 * Eastern Gas & Fuel 31 29 21* 109* 2* 72 5* """* """* Sale 18 Econom.v Groc Stores com— 18 J* Sale 67* Sale $6 preferred $5 preferred - pf A-. 1,300 41,100 2.110 16,625 38,900 2,250 Sale 3~~ Sale" 13 X 12* 85 60 61 79 10 23 X 4 * . 25 Sale "7* ~~7X 23 7A 23* 12 * 12 Sale 3* 3* 13* 5* Sale 14 4 13 5* Sale 73* Sale 63 Sale 69 63 15* 1* 17 15 2 14 28* Sale 3 2* "Vox Fiat Amer dep rets 1 10 Florida Power & Lt $7 pref__» Ford Motor of Canada cl A—* Class B voting * Fidelio Brewery 67 X 68 A 96 X Sale Fire Assoc of Phila 76* 75* Sale 79* 73 75 76* 25 9* *6 ,*« 19* Sale 2* Sale Sale 17 £1 11* 1* * 15 1 15 1 1 * 100 * * 280 Game well Co $6 conv pref Gatineau Power Co com 5% preferred 7,500 General Alloys Co General Elec Co of Great American dep receipts 4,600 200 General 100 -* Bjrit £1 Fireproofing com— .* G & E $6 pref B * 11* 13 600 19 41 19* Sale Sale 10 15* 26 475 10 400 70 * !o 10[Gen Outdoor Adv 6 % pref. . 100 * * 1 2,280 General Pub Serv $6 pref 2,100 General Rayon A stock 14,700 General Shareholdings 1 ~ conv preferred 3.080 * 6 %preferred A — 1100 1,135 1,700 Gen Water Gas & Elec com. — 1 $3 preferred — * 1,700 — * 4,990 Georgia Power $6 pref 80 $5 preferred * 6,000 Gilbert (A C) Co com 510 50 Gladding 21,800 600 1,100 130 2,100 M* -j - — 150 1,100 " l",806 200 625 650 2,700 200 100 10,900 120 50 — 258,550 Glen Alden Coal Co 4,900 Godchaux Sugars class A Class B 8,400 $7 preferred 690 11,400 Goldfield Consol Mines 25 Goodman Mfg Co 500 Gorham Inc class A com 600 m, «• - 1~406 400 1,700 | 600 * 14* 13* 14* 14* 15 48 25 38* Sale * 1U 1* IK 74* 76 Alabastine—* 1,400 Hart man Tobacco com Harvard Brewing Co 7,700 Hat Corp of Am cl B com .5 10 25 1 * 1 -1 4* 5 * Sept. 7 19 Sept.13 2* Sept. 26 * 63* 3 Sept. 18 8* Sept. Sept. Sept. 17 Sept. 20 Sept. 37* Sept. 18 21 8* 97* 9 "98* 16 Sept. * Sept. 20* Sept. 3* Sept. 9 5* 40 6* 45 * Sept. 30 4* Sept. 26 14* Sept. 11 *6 * Sept. 19 Sept. 5 Sept.17 80 Sept.17 31 Sept 6 * Sept.10 * Sept. 4 60* Sept. 24 52 57 Hi Je< Sale 80 30* * *6 34 1 63 64 % 103 102* 100 10* 10* 9* 10* 40* 40* 40* 39* 95* 97 97* Sale 4* 40* 44 4* 82 89 5* 40* 57A 42 4* 6* 2 5 7* Sale 27 Sale 105 9 131 110 44 8* Sale 132 Sale 44* 9 2* 2* *. * 38* Sale 112* Sale 109 112 2* 5 4* 3* 4* 4* 6* 4* 8* Sale 20 18* 6 5* Sale 95 23 *6 Sale 28* 1* * 12 24 4 15 Sale 8* 17* 5* 93* *6 22 5 Sale 127 Sale i* *6 28* 110 108 1* 1* *« 29* 111* 112 4 Sale 19 6 95 X} *4 128 99* Sale 41 39 9* 1* o 29* 9* 1* > Sale 114 115 110 112 2 67 1* * 1* 6* 5* 70 1* * 1* Sale 8 9 25 26 27* 64* * * 1* 5* 66) 66 - I % Sept. 17 16 Sept. 18 1* Sept. 8* 8* *' Sale Sale Jan. 8 Feb. 27 4 Mar. 25 5* Apr. 6 Apr. 4 2 June 18 31 51 * May 12* May 10 6* May 6 6 10* Apr. 28 Apr, 9 15* Mar 28 -m Sept. 24 36* Mar. 9 13* Sept. 28 Apr. 15 70 Feb. 29 1 June 25 * June 22 12* Jan. 9 3 * Feb. 1 * Jan. 2 17* May 9 -5-* May-1-733 May 11 9* Jan. 10 Sept. 19 19* Sept. 30 22* Sept. 11 20 Sept. 24 26* Sept. 25 42 Sept. 14 15 * Aug. 16 29 Mar. 26 84* May 21 113 2 17* Jan. 8* June 29 17 Apr. 3 8* July 25 Jan. 3 "I* Sept. 9 1* Apr. 23 5 xll* Apr. 12 20* Apr. 11 32* Tan. 26 20 Sept. 24 27* Feb. 14 42 Sept. 14 8* May 16* May 19* May 12 July 12 May 30 May 5 4* Sept. 6 16 Sept. 16 * Sept. Sept. »»4 Sept. 80 Sept. 32 Sept * Sept. * Sept. 53 65 19 4 17 17 24 17 4 Sept. 5 15 90 July 31 5 * May 22 78 Jan. 27 1* Jan. 3 4 *> 6 July 4* Aug. 16 9 May 18 25 Feb. 19 * June 11 50 Feb. 15 i«4 Mar. 8 65 May 23 25* May 22 * May 15 %> Aug. 20 55 June 11 40* Sept. 4 99 Sept. 11 88 Sept. 5 5* Sept. 24 42 Sept. 23 Aug. 8 39* Sept. 26 95* Sept. 26 88 Sept. 5 4* Sept. 5 41* Sept. 23 May May May Jan. May July Jan. 32 15* Mar. 7 16* Apr. 8 41 Apr. 29 At Apr. 6 65 Apr. 17 •it Mar. 11 90 Mar. 8 48 1 12 6 3 Apr. 8 Apr. Apr. 1* Jan. 81 May 7 10* Aug. 28 106 41 Mar. 5 6* Apr. 101* Feb. 13 91 Mar 12 7* Apr. 4 49 May 15 5* Apr. 22 6* Apr. 8 5* May Aug. 5 May 93 May 9* May 6 32* Apr. 19 11* Apr. 18 105 Apr. 26 88 87* 4* 40* 4 * Sept. 19 Sept. 5* Sept. 95 Sept. *8 Sept. 8 9* Sept. 21 20 Sept. 6 6* Sept. 6 Sept. 6 * Sept. 9 96 Sept. Sept. 15* "Sept. 23 27* Sept. 27 18 25*' li* Jan. Feb. Apr. June 4* Sept. Sept. Sept. 39 Sept. 8* Sept. 5* Sept. 3 Sept. 17 Sept. 5 41 Sept. 5 10 Sept. 23 125 128 94 100 1* Sept. 23 1* Sept. * Sept. 13 * Sept. 28* Sept. 4 32* Sept. 111* Sept. 11 115* Sept. 109 Sept. Sept. 6 110 23 13 23 24 26 18 June 4 24 07 * 1 * 15 11 June 4* Sept, 123* May 88 May 36 June 6* May 25*' Jan. 8 Feb. 28 Apr. 8 Apr. 27 9 28* Apr. 8 Apr. 24 11* Jan. 19 Jan. 30 135 A" 114* Apr. 26 49* Apr. 30 10* Apr. 22 2* 1 * May 23 * *- Mar. 12 25* June 10 39* 107* May 24 115* 102 June 6 111* Jan. 12 Jan. 12 Jan. 4 Sept. 24 Feb. 1 14 40* 70* 1* * Apr. 9 May 3 Apr. 3 Jan. 10 Feb. 28 3* 24 5* 15 Jan. 98 12 28 Sale 5 Sale 9 13 15 7* May 22 4 July 2 6 Sept. 6 17* May 22 8 June 6 6 5 94 41 13 26 2* Sept. 26 July 1 2 June 18 6 28* 16* 27* 125 39* 8* May 25 88* July 87 July July 86 July 19 1 * 6 88 8* Mar. 20 * May 21 Aug. 16 5 6 5 40 52 88 June 29 52 Sale * J32 85 29* Apr. 2 5* May 13 Feb. 24 79 85* Feb. Sale 4* 30 * * Sale Sept. 23 Sept. 24 Apr. 9 Mar. 5 Apr. 18 28 Apr. 29 May 21 28 Apr. 30 May 21 4* Apr. 23 May 16 June 22. 17* Jan. 25 5 8* Jan. May 22« May 22 74* Sept. 6 65* Sept. 6 May 21 4 20 Jan. May 21 3 3 * Jan. May 18 14 Jan. 30 May 21 9 31* * 1* Sept. 65* Sale 80 29 9 Mar. 57 90 7 58 % 57 4 35* 56* 10* 1* 57 79 Sept. 3 77* Sept. 23 78 Sept. 3 76 Sept. 19 3 12* Jan. 24 15 22 21 14 May 28 2* Sept. 13 July 3 55* June 11 56 June 11 100 98 25 * * 27* 42 40 50 60 — _ Sept. 9 * Sept. 25 41* 25 17 21 2 24 * May 22 1 10 Sale 22* 20* 21 Sale 74 * 42,100 Hall (C M) Lamp Co 14,550 Hammermill Paper Co com. 525 Hartford Electric Light 16,800 Hartford Rayon com v t c Sept. 24 76 77* Sept. 23 74 Sept.13 74 Sept. 23 17 9* 19* * '#4 * Common Per footnotes see page 53. 1* 1 21 1 * *A» Sale 45 ----- 63* 39 9 25c 2,400 Guardian Investors common. 1 18,200 * 21 21 Sept. 25 3* Sept. 20 29 13 86* 90 6* 4* 24 15,200 Gray Manufacturing Co — -10 2,250 Gt Atl & Pac Tea 1st pr8f—100 Non-voting common stock.* 11,140 11,700 Great Northern Paper Co—25 22,300 Greenfield Tap & Die com—* Grocery Stores Prod— Sale 17 17* 21* Sale 14* 17 17* 20 37* 39 * * 120,900 Gulf Oil Corp 2,800 Gulf States Util $6 pref $5.50 preferred 1,150 7* * 10* 110 23 18 Sale "l* "l* 1 % * 50 * "l" ""l* 15* 17 $3 preferred * 2,050 25* 26* 10,400 Gorham Mfg Co common—10 5* 7 6,050 Grand Rapids Varnish Corp..1 7,000 1* * 16 1* 61 * McBean & Co Gypsum Lime & 900 * -* Preferred 400 Gilchrist Co 1 17 87 General Tire & Rubber—1 ""125 Sale 9 Warrants 6,700 1 * 10* 17* Sale 1 14,900 Gen Investment Co com $6 preferred 1,665 3* 51 42 2* Malting— """2I0 23,100 General * 10* 17* 27* Distilling—1 Froedtert Grain & Common 10,200 Partic conv preferred 10,200 60,000 Fruehauf Trailer Co 900 Fuller (Geo A) Co com $3 conv stock 1,150 875 4% conv preferred 2* 12 Sale*6 17* Co 5 Distilling Co. formerly Taylor 18,300 14 9 Sept. 11 9* Sept. 5 9 Sale 9* 9* 4 * Sept. 5 4* Sept. 13 4* Sale 4* Sale 6 * Sept. 21 6 Sept. 6 6* 6* 6* 6* Sept. 25 21* Sept. 4 24 23 *- Sale 21* 20* 10 Sept. 24 8* Sept. 18 8* 9* 9* 9* 8-*- —&■*--Sept—-24 —8*-Sept-;-24 "7 -"TO "'8'* 38 33 31 36 12* "Sept." 18 "13* "Sept ."28 12* 14* 14 12* * Sept. 24 *6 Sept. 9 * *6 61 Sept.16 63* Sept. 26 60 62 63* 111 Sept. 7 107* 108* 110* Sale £107* Sept. 12 12* Sept. 4 11* Sept. 27 12 11* Sale 12* 2* "Sale 1 1* 17* 1,850 Fox (Peter) Brewing Franklin County 13 25 1* 23 6* May 1 * May 12* May 26 May 8 May 17* 32* Apr. 24 Apr. 1 3* Sept. 23 79* May 3 1 * Jan. 9 2* Jan. 8 8* Apr 25 27 31 76 Ford Motor Co Ltd— Amer dep rets—Ord reg 600 Ford of France Am dep rets 26* Sept. 12 2* Sept. 13 9* Sept. 24 Sept. 23 35* Sept. 23 56* Sept. 24 9* Sept. 26 Sept. 3 Sept. 5 17* Sept. 5 Sept. 21 5 13* Sept. 6* Sept. 74* Sept. 65* Sept. 18 Sept. 2* Sept. ' "6* "6* — 42,900 Sept.12 Sept.12 Sept. 3 Sept.16 Sept. 26 Sept.12 Sept. 24 Sept. 24 Sept. 3 Sept. 5 Sept. 28 Sept. 12 Sept. 9 Sept. 11 Sept. 9 83 73 22 25 1* 1* 11 1 Airplane.-1 1 Fanny Farmer Candy com—1 Fansteel Metallurgical Corp..* Fedders Mfg Co common. .5 Fed Compress & W'house—25 Fairchild Aviation com— Fairchild Engine & Falstaff Brewing 19* 3* 23 * 16 9 10 *, Sale 24 9* 17 73* 21* 80 21* Sale 1% 82* 77 Sale 22 H 85 Sale 9 10* * 15* 28 3* Sale Sale 23* 51 * 16 12 78 28 X Sale 26* 2 18 1* 2 13 78 8 Sale Sale Sale Sale % 28 70 70 70 X 64 70 76 Highest Sale Prices 16 16* Sale 15 Sale Sale Sale 17* 3* 63 X 64 9 Sale 26 Sale 24 150 Empire Dist Elec 6% pref—100 8,900 Empire Gas & Fuel 7% pf-100 5,075 8% preferred 100 4,090 6% preferred 100 980 6* % preferred —100 1,275 Empire Pow Corp part stk—* 7,400 Emsco Derrick & Equip Co—5 112,600 Equity Corp common 10c S3 conv preferred 25,650 1 37,200 Esquire Inc 1 —-50 1,350 Eureka Pipe Line 100 Eversharp Inc common—1 70 3* 13* 5* 71* 63* 15* 1* 11* 59 Option warrants. Electrographic Corp com 1 Elgin National Watch Co—15 Emerson Elec Mfg Co com— _4 75,300 598,200 16,400 12,570 71,000 10,800 Sale 7* Electric Bond & Share Electric Power & Lt. 2d 15* 17 X 54 9 17 17* Sale 4 o Lowest Sale Prices 20* May 21* Sept. 27 22* Sept. 10 109* 109* Sept. 3 109* Sept. 3 107* Mar. 1 * Jan. 3* Sept. 23 2* Sept. 2* Sale 64 Mar. Sept. 7 71* Sept. 13 73 73 Sale * June * * * May 1* Sept. 25 * Sept. 7 i* 1* 5 July 5* Sept. 6 5* Sept. 14 5* 5* 8* 3* 34* Sale Sale Sale Sale 16 A preferred series B Easy Washing Mach class B. $7 preferred series I $6 75 1 8* 2* 23* 54* 8* * Highest Sale Prices 106 Sale Sale 2% 7 Lowest Ask 24 Ask Bid 22 24 Bid Sale 3* 19 * Shares Ask Sale Prices Sept. 30 Sept. 3 1940 Jan. 1 86,900 38,700 45,670 28,845 1,075 18,500 11,625 15,300 21,100 2.109 1,141,200 125,025 36,400 10,000 16,700 2,600 2,325 10,000 1 Price NEW YORK 790 RANGE SINCE JAN. PRICES IN SEPTEMBER SALES ,*6 Sale Sale 7* Sept. Sept. 25 * *6 1* 5* Sept.30 Sept. 28 Sept. 12 Sept. 3 8* Sept. 20 28* Sept. 6 * Sept. % Sept. 2 4 9 Sept. 19 6* Sept. 26 5* Feb. 8 20* May 21 62 May 18 * Sept.30 % Sept. 28 1* Jan. 3 4* May 22 2* July 30 8* Apr. 5 NEW Oct., 1940] 45 EXCHANGE CURB YORK AGGREGATE RANGE SINCE JAN. PRICES IN SEPTEMBER SALES NEW In Since September Jan. 2 Jan. 1 STOCKS Par (Continued) * 6,300 Hazeltine Corp Hearn Dept Stores common__5 10,800 7,950 123,000 9,600 6,300 2,700 1,170 1,300 4,200 14,045 8,500 13,000 23,100 5,500 25 1,200 3,300 10 8,750 50 6% conv preferred Hecla Mining Co Helena Rubenstein Inc -25c * ^ (W E) & Co common..2 OI(iS8 JAu Heller - » in -tr » » 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 Holophane Co £nc common..* Horder's inc -* Hormel (Geo A) & Co com—* Horn (A C) Co common * Horn & Hardart Baking Co—* Horn & Hardart common.. Ask Bid 28)4 254 16)4 6)4 4)4 8)4 8)4 700 7% pref unstamped 100 * 41,500 Illinois fowa Power Co 102,100 5% conv preferred 50 Div arrear ctfs 104,200 * 9,750 Illinois Zinc Co 175 Illuminating Shares Co A * Imperial Chem Indus Ltd— Am dep rets ord reg...—£1 1,300 112,400 Imperial Oil (Canada) — .__.* 14,900 Registered * 15,400 Imperial Tobacco Co of Can. .5 £1 4,600 Imp Tob of Gt Brit & Irel 7.50 2,700 Indiana Pipe Line 3,090 Indiana Serv Corp 6% pref. 100 2,490 7% preferred 100 7,940 Ind'polis P & L 6)4 % pf- -100 1 Indian Terr Ilium 2,200 2,400 4,100 3,000 28,450 7,100 24,900 12)4 454 854 9)4 7)4 25)4 8 954 76 16)4 Sale 8 12)4 25 2 8)4 27 69 73 18 1954 31 254 Sale 3 2)4 2)4 2854 29 3)4 2354 Sale 3 Sale 6 354* 4)4 60 55)4 60 654 Sale Sale 3 11 % Sale 7)4 12 Sale 13 Sale 754 9)4 111 Sale Sale *0 754 3)4 13)4 2454 15)4 24)4 Sept. 2 Sept. 20)4 Sept. 454 Sept. 954' Sept. 9)4 Sept. 8 Sept. 26 Sept. 26 Sept. 9)4 Sept. 71 Sept. 16)4 Sept. 854 Sept. 8 Sept. 1254 Sept. 21 23 21 3 5 30 18 3 26 28 5 30 13 3 30)4 Sept. 11 31 Sept. 254 3 24)4 Sale 5)4 554 554 6H 58)4 62 May 1)4 May May 4 May 4)4 Jan. 7 May 7)4 May 23)4 May 11 8 754-. 754 8)4 1054 lH 254 Sept. 20 Sept. 11 5)4 Sept. 16 4)4 Sept. 6 8 May 20 May 22 13)4 May 21 6 June 11 5 54 May 29 9)4 May 23 14)4 Feb. 9 29 54 Jan. 3 4 54 Feb. 8)4 Sept. A June 454 May 6 July 2 Apr. 1)4 June 28)4 May 20 27 4)4 Mar. 854 Sept. 5 854 Sept. 6 1054 Sept;. 12 3 3)4 Sale 1554 1654 Sale 15 Sale 15 17541954 109)4 110)4 111 % 11054 Sale 15 <54 354 Sept. Sept. 11 1654. Sept. Sept. 6 18 Sept. Sept. 2 Sept. 9 110)4 Sept. 26 23 23 30 )4 Sept. 12 Jan. 14 Class B stock Industrial Finance vtc 1 % 1 1 — 100 7% preferred 10 * Insur Co of North Amer Internat Cigar Machinery )4 54 54 % A % 9)4 1054 62)4 Sale 1754 20 7)4 7% IK % Hydro-Elec $3.50 pref—50 954 71 21)4 71)4 Sale 14 Sale )4 A June 28 Jan. . i6 10 1054 63)4 Sale 19 21)4 7)4 7)4 A 9)4 6154 19)4 7)4 9 20 22 Jan. June May June July Sept. 25 27 24 13 9 11 12 22 9 10 7 29 9 5)4 May 33)4 9)4 7)4 63)4 6 Apr. 24 May 6 Mar. 6 Mar. 11 18 Jan. 6 1254 12)4 13)4 24)4 Jan. , Jan. 3 3 3 Feb. 29 Jan. 4)4 July 19 22 Apr. 6 8 10)4 Mar. 18 21)4 Apr. Jan. 5 102)4 May 25 113 9 )4 Sept. 54 a 4 14)4 Feb. 9 36)4 Apr. 22 3)4 Apr 5 120 Jan. 27 Aug. 13 6 "3)4 20 Mar. 13 Apr. 8 May 9 22)4 Apr. 11 10 Apr. 16 1 4 5)4 5)4 5)4 7)4 5 Mar. 92 2 54 Mar. 23 21 54 May 21 , - 22 35)4 Apr. 2 11254 May 23 19)4 Apr. Jan. 17 68 9)4 May 23 8)4 June 23 25 )4 Jan. 27 10)4 Feb. 5 10)4 Feb. 16 254 Feb. 3 Jan. 26 23 47)4 Apr. 55 >7)4 Sept.. 3 754 Sept. 3 10)4 Sept. 19 11 27)4 Jan. 27 60 3 3)4 Sept. 4 25)4 Sept. 5 6)4 Sept. 6 6)4 Sept. 25 3)4 May 3 22)4 Sept. 11 7)4 Jan. 11 14 Apr. 3 12)4 Apr. 16 June 25 24 254 Aug. 120 Jan. 26 May 27 11 108 July 6 13)4 May 24, 47)4 May 24 Sale Prices 29 Jan. 17 21 22 22 23 23 28 21 21 16 24)4 Sept. 21 2)4 Sept. 5 22)4 Sept. 11 6 Sept. 24 11)4 Sept. 10 9)4 Sept. 30 8 Sept. 5 26 Sept. 18 26 Sept. 3 10 Sept. 27 75 Sept. 11 17)4 Sept. 16 9)4 Sept. 6 8)4 Sept. 9 13 Sept. 27 117 3 3)4 25)4 Sale 354 ~15X Sale" Lowest Sale Prices 2954 29)4 Sale 3054 29)4 Sept. 3 30)4 Sept. 109)4 Sept. 11 109)4 Sept. 108)4 10954 108)4 110 19 17 18)4 17)4 17)4 Sept. 6 17)4 Sept. 5354 Sale 51 52)4 Sept. 4 55)4 Sept. 51)4 6)4 Sept. 6)4 Sept. 23 654 Sale 71 654 Sale 8 8)4 Sept. 23 10 8 6)4 8)4 Sept. 23 A 5)4 Sept. 25 6 5)4 Sept. 25 554 "5)4 ""654 7 7 454 454 1 2)4 1)4 2)4 154 Sept. 23 2 2 1)4 Sept. 4 154 1)4 39 38 38 40 Sept. 11 Sept. 24 Sale 5)4 23 9)4 13)4 14)4 32)4 2)4 10)4 2954 254 3 2 59 Sale 854 8)4 13)4 7 7 11 12 Sale 12)4 54 7)4 854 )4 8)4 27 Sale Sale 554 11 10 Sale 25)4 9)4 1254 105 67 Sale 26 31)4 1)4 2)4 22)4 7)4 26)4 15)4 9)4 "8)4 29 Sale 9)4 10)4 74 ..... 11)4 12)4 Sale 8 Sale 69)4 68 Highest Sale Prices 3 Mar. 19 10 Oil Co— Non-voting class A Int 20)4 5)4 8)4 9)4 26 _* Hydro-Elec Secur common— * 17,300 Hygrade Food Prod 5 12,300 HygradeSylvaniaCorp. * 400 22 21 2 20 Highest Lowest Ask 24)4 2)4 21)4 29)4 Sale 1854 654 5)4 854 8)4 400 5% preferred 100 3,050 Hubbell (Harvey) Inc 5 * 100,600 Humble Oil & Refining. 5 89,300 Hummel-Ross Fiore Corp 200 Hussman-Ligonier Co * 2,500 XHurler's of Del common....1 5,900 7% preferred stamped—100 Ask Bid Bid Sale Prices Sept. 30 Sept. 3 1940 Shares 1 Price YORK CURB EXCHANGE )4 May 24 )4 July 5 Jan. 3 Sept. Sept. Sept. Sept. Sept. 21 6 23 19 27 J4« Sept. 21 10 Sept. 6 6554 Sept. 5 20 Sept. 19 854 Sept. 6 9 Jan. 8 50)4 May 22 17)4 June 10 5 54 May 28 1)4 Sept. Sept. Sept. Sept. Sept. 10 27 12 Sept. 3 154 Sept. 23 654 Sept. 27 3)4 Sept. 5 12)4 Sept. 5 1254 Sept. 5 4 Sept. 5 4)4 June 20 1)4 Mar. 28 8)4 June 26 9)1 June 21 3 May 21 )4 Sept. Sept. )4 Sept. 9 Sept. 25 Sept. 354 Sept. 8 Sept. 12 5 9 27 5 26 26 1 Feb. 1 Feb. 20 20 Apr. 24 16? Apr. 23 Apr. 16 73? 23)4 Apr. 15)4 Jan. "A" stock pur warrants. 39,700 1,825 957,300 221,100 4,900 25,200 11,500 8,300 22,700 2,400 2,450 53,900 70,800 4,900 4,200 6,400 13,200 33,200 10,100 1 * Internat Industries Inc Internat Metal Indus cl A Internat Paper & Internat Safety Razor cl Internat Util class A Class B.__. $1.75 preferred $3.50 prior preferred.: International Vitamin B .. — 18 * Registered 17)4 454 • * * 1 * * 1054 J 19 com._l Interstate Hosiery Mills * Interstate Power $7 pref * Investors Royalty Co 1 Iron Fireman MIg com v t c._* Irving Air Chute common 1 Italian Superpower cl A * Sale Interstate Home Equip 100 760 Lackawanna RR N J Lake Shore Mines Ltd—^ 1 84,800 52,000 Lakey Foundry & Machine.. 1 100 640 Lane Bryant 7% pref Lane Wells Co common. 1 10,000 Langendorf United Bakeries— Class A —* 300 — _.* Class B_ 1 * * 105,800 Lehigh Coal & Nav Leonard Oil Development—25 43,700, Le Tourneau (KG) Inc _.l 10,300' 600 Lefcourt Realty com Convertible preferred 600 Line Material Co Class B For footnotes see page 53. ... * 4: 8)4 Sale 954 11)4 354 4)4 )4 16 15)4 13)4 Sale A Sale 2)4 89)4 9154 104"" Sale" 106)4 22 H Sale 1 ^ 87 100 Sale 35 25 116)4 120 20 117 24 6)4 454 8 6)4 5)4 Sale 111 A 83 62 % 4 )4 5)4 8)4 27)4 354 8)4 10 1)4 354 34 17 )4 10 . 40 4)4 854 11)4 4)4 Sale 1354 % 14)4 )4 2)4 1)4 Sale 1)4 6 254 1054 11)4 3)4 5 3 18 4)4 Sept. 24 )4 Sept. Sept. Sept. 9 Sept. 30 Sept. 4 Sept. 854 Sept. 5 5 5 19 27 27 Sept. 13)4 Sept. A Sept. 11554 11754 117 120 20 8 6)4 4)4 3)4 654 5 1)4 May 22 1 May 14 Sept. 11 117 5)4 Sept. 21 Sept. 11 6)4 Sept. 11 110 )4 54 75 84)4 75 55 65 60 65 10 Sale 7)4 . 1)4 Sale 1)4 2 A 1 11 9 354 6)4 12 Sale 4)4 1)4 1)4 A 1054 9)4 4 1)4 2 54 11)4 10 4)4 12 1254 554 38 41)4 44 1454 3)4 15 15 10)4 10)4 11)4 1054 11: 1654 13)4 4)4 15)4 12)4 4)4 H Sept. 9 1)4 Sept. 5 2 Sept. 23 15)4 54 4)4 Sale Sept. 9 Sept. 3 Sept. 23 50 6* 9 1 7 254 Sale H Sale 3454 3554 154 Sale 6 54 4)4 254 2)4 A K 27)4 29 9)4 954 15)4 1654 154 Sale 3* 13 13 54 3)4 May 7 254 Feb. 27 23 9554 Apr. 27 103 Sept. 2 5 23 109 Mar. 27 Jan. 10 36 2 27)4 Mar. 8)4 5)4 10 Mar. 9 Sale Sale Sale 4 33' 254 29 854 16 1)4 16)4 15)4 6 30 9)4 1654 1)4 Sept. 12 Sept. 6 11)4 Sept. 16 554 Sept. 11 41)4 Sept. 18 44 14 54 Sept. 10 15)4 454 3)4 Sept. 4 100 ~ Sept. 7 100 " 11)4 Sept. 18 1154 Sept. Sept.30 Sept. 5 Sept. 26 Sept. 7 Sept. 23 1 7 11 Sept. 6 11)4 June 25 454 May 21 2)4 )4 27)4 8)4 Sept. Sept. Sept. Sept. Sept. 16 Sept. 1)4 Sept. 7 10 12 16 16 27 25 5 Sept. Apr. 5 12)4 Apr. 10 x654 Apr. 8 75 7 2 5 7 4)4 Aug. Sept. 21 Sept. 5 Sept. 23 Sept. 5 16 Sept. 27 154 Sept. 3 Apr. May May May 21 May 754 June 13 July J4 June 2)4 )4 30 954 P5 43)4 Mar. 11 25)4 Jan. 3 454 Mar. 25 May 13 x71 Jan. 12 100 12)4 May 10 9)4 June 4 June 9)4 July 2)4 June 35 15)4 Apr. 5 Mar. 19 Apr. 6 Jan. 31 Mar. 7 90)4 May 10 6 6 14 27 13 25 50 85 46 754 17 54 May 15 75 Sale 45 954 4 54 10)4 13)4 5)4 54 17)4 7 7 3 27 5 86 50 12)4 5)4 15 37 Feb. Feb. May Mar. 11 73)4 Mar. 30 2 Jan. 3 2 54 Jan. 9 1)4 Jan. 8 15 Apr. 11 10)4 Jan. 8 8)4 Apr. 4 8 Sept.27 June 50 Sept. 6 12 Sept. 17 5)4 Sept. 24 86 42)4 1154 5)4 3)4 Apr. 18 Mar 14 Jan. 6 Jan. 5 Jan. 8 July 30 Apr 27 Mar. 20 Jan. 3 Jan. 26 Sept. 27 Feb. 9 June 24 7)4 May 29 3 )4 May 29 6)4 111 Jan. 2 112)4 % A May 13 88 83 60 ' 12)4 Sale 1)4 9)4 )4 18)4 June 17 120 1054 Sept. 25 9)4 Sept. 23 4)4 Sept. 25 8 Sept. 27 86 Sale Apr. 24 Jan. 17 May 3 5 1054 Sept. 25 9 Sept. 3 354 Sept. 17 8 Sept. 27 47)4 11)4 5)4 4 113 May 154 May A June 1054 Sept. 8)4 Aug. 354 July 8 Sept. 84)4 2354 97 55 1 )4 2 12 554 May May May 18 June 26)4 May 90 65 65 7 10 80 8154 June 83 68 Sale 2)4 1)4 13)4 )4 Apr. 24 8 Aug. 21 2)4 12)4 5)4 1954 19)4 554 19 6 54 )4 Sept. 12 Sept. 5 254 Sept. 26 1)4 Sept. 23 15 2)4 Sept.* 3 1)4 Sept. 11 5 Sept. 11 A Sept. 3 454 Sept. 26 17)4 Sept. 27 14 June 29 1 23)4 May 25 254 May 22 6 54 June 10 9 May 23 3)4 Mar. 13 )4 Mar. 11 12 May 21 12 May 22 )4 Apr. 10 4 19 94 92)4 Sept. 4 93)4 Sept. 11 92)4 92 99 Sale 99 100 Sept. 20 103 Sept. 5 106 Sale 107)4 106)4 Sept. 3 107)4 Sept. 26 29)4 Sept. 24 Sale 26)4 Sale I 22 Sept. 2654 23 2754 92 154 2)4 1)4 1154 654 554 354 11154 )4 1154 54 " 2)4 154 254 154 5 15,700 2,750 Liptou iThos J )6% preferred 25 Lit Brothers com * 8,500 Loblaw.Groceterias class A...* 9 27 4 12 10)4 U>4 iz 454 Sale A 54 16)4 17)4 16 54 1754 A 54 1)4 7)4 Sale Sale 5, / H 7)4 23)4 3454 1)4 6)4 254 11)4 10)4 354 )4 5 Sale 5 13,600 Kennedy's Inc 1,800 Ken Rad Tube & Lamp cl A.. * 30 Kimberly-Clark 6% pref—100 1 3,300 Kingsbury Breweries com Kings County Lighting— 7% preferred series B 100 340 5% preferred series D 100 480 1 35,000 Kingston Products 1 18,600 Kirby Petroleum 1 4,800 Kirkland Lake G M Ltd KJein (D Emil) Co common..* 1,700 ..10 900 Kleinert (I B) Rubber Knott Corp common 1 4,800 * 25 Kobacker Stores Inc com Koppers Co— 6% preforred 100 2,865 Kresge Dept Stores— 4% conv 1st preferred —100 210 5,100 Kress (S II) & Co spec pref.. 10 1 14,200 Kreuger Brewing Co 11 Sale 54 9)4 Sale 1 100 260 Kansas G & E 7% pref Keith (Geo E) Co 7% pref. 100 Sale 10)4 3)4 18)4 5)4 A 3254 1)4 654 Sale 3 Sale * Internat Petroleum com Internat Products common. 1)4 4)4 1V* ~254 Sale" Pow warr 1 57,800 Jacobs (F L) Co * 7,600 Jeanette Glass Co Jersey Central Pow & Lt Co— 5 \i% preferred— 100 3,300 6% preferred 100 3,220 7% preferred 100 2.470 100 109,800 Jones & Laughlin com * 250 Julian & Kokenge com 250 154 54 4)4 1)4 H 10 22 21 20 15 27i 27 27 1654 Feb. 21 6)4 Mar. 16 54 Feb. 23 6)4 Apr. 24 3 Mar. 12 54 Jan. 9 35 )4 Jan. 3 12)4 Apr. 2254 Mar. 1)4 Apr. 6 9 6 46 NEW EXCHANGE YORK CUES AGGREGATE SALES RANGE SINCE JAN. PRICES IN SEPTEMBER In September Jan. 2 Jan. 1 1940 Shares 11,150 119,900 82,400 6,375 20,450 11,600 117,600 530 Sept. 3 Ask STOCKS (Continued) Par Bid 13 Locke Steel Chain Co.-.....5 1354 10 *4 Sale Lone Star Gas.. * 1*1 Sale Long Island Light common.. * 44 Sale 7% preferred series A...100 6 % preferred series B 100 38 54 Sale 154 Loudon Packing Co com IX * Louisiana Land & Expl com—1 554 554 103 Louisiana P & L $6 pref * 101 8,850 Lynch Corp com—.. 5 24,800 Manatl Sugar opt warr 4,200 Mangel Stores Corp com 1 260 $5 conv preferred * 50 Manlschewitz (The B) Co....* 1,500 Mapes Cons Mfg Co * — 25 26*4 Sale 9 Sale % 54 1*4 38 Sale 26*4 500 Mar gay Oil Corp Marion Steam Shovel com 29 9 440 5 13 2*4 2* Massey Harris Co common.. Master Electric Co 1 Participating preferred. 354 52 5*4 454 _ - .. — . 4 2754 4 69*4 *4 *4 1*4 35*4 25c Participating preferred—15 Metropolitan Edison Co— preferred 16 354 26*4 3*4 Metal Textile Corp com 55,550 Michigan Bumper Corp : -1 4,450 Mich Steel Tube Proa.—2.50 24,500 Michigan Sugar common.—- - * Preferred 10 3,400 2,500 Micromatic Hone Corp.—-.1 ™~™TMidaieStatWPeftFOieum—— 17,620 Class A v t c 1 26,800 Class Bvtc... 1 103,750 Middle West Corp common..5 Highest Sale Prices 13 Sept. 4 4*4 72 *4 54 2*4 40 13*4 13 9 Lowest Highest Sale Prices Sale Prices Sale Priest Sale 1 Sale *4 1*4 *4 154 54 Sept. 11 154 Sept. 17 Sept. 16 33 9 35 14 27 28 27 33 hH 254 54 2*4 28 Sept. 20 . - 3*4 5*4 Sal? 3 26 6 6 6 10 23 19 5 "s Sept. 11 1*4 Sept. 19 10 May 21 754 May 22 54 May 25 24 24 June 10 92 June 3 June 25 May 28 1*4 May 21 354 May 22 20 13*4 1054 1*4 48*4 44*4 2*4 6*4 106*4 29*4 Mar. 8 May 9 Jan. 4 Jan. 20 Jan. 20 Mar. 15 Apr. 8 Apr. 8 Apr. 2 *4 May 21 1*4 May 20 May 21 1 1 39 Apr. 22 Apr. 8 Mar. 21 10 25 Jan. 2 May 21 10 Jan. 29 10 July 17 33 Sept. 16 30 27 Sept. 20 1054 Sept. 6 3*4 Sept. 24 10 2*4 1*4 2*4 Sept. 2*4 Sept. 254 Sept. 4 Sept. 17 27 Sale 54 Sale 1 1*4 1*4 554 5*4 Sale 140 148*4 Sale 4*4 454 Sale 1354 13*4 17 54 354 3*4 28*4 31 4*4 4*4 7454 Sale *4 *4 % *4 154 2*4 34*4 40 . 3*4 3*4 % Sale 5*4 5*4 June 2 1*4 July 26 Sept. Sept. Sept. Sept. Sept. Sept. 30 9 *4 Sept. 35 1*4 May 21 21*4 Jan. 16 54 Sept. 30 154 Sept. 23 Sept. 24 Sept. 5 Sept. 20 Sept. 5 354 Sept. 14 30 Sept. 21 454 Sept. 27 75 Sept. 25 *4 Sept. 23 4 Sept. 20 Sept. Sept. Sept. Sept. Sept. Sept. 2*4 Sept. 30*4 Sept. 5*4 10 10 150 4*4 10 15 10 354 Sept. 14 2754 Sept. 16 4 *4 Sept. 4 72 Sept. 5 10454 105 10754 104% % Sale 54 Sale 5*4 5*4 6 5*4 *6 *4 *4 Sale 054 .. 54 4 3*4 5 354 4 7*4 ,7 7*4 754 8 3 4% Sale Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 2 Feb. 24 5 10 101 . 8 5 13 4*4 "4*4 Sale 67 103*4 105*4 *6 Sale 654 8 X 4 5*4 1*4 6 Sale 142 - . m 60 1 ♦ Merritt Chapman & Scott * 6 *4 % A preferred ... 100 Common stock pur warr'ts. Mesabi Iron. . 2% 29*4 Sale Merchants & Mfrs class A $6 9*4 29 1 ♦ May Hosiery Mills— 50 $4 preferred 4,000 McCord Radiator & Mfg B—♦ IX 2*4 36,900 McWilliams Dredging com—* 8*4 Sale * 162*4 165*4 5,570 Mead Johnson & Co com 19,100 Memphis Nat Gas com 454 4* 5 * 2,500 Mercantile Stores Co 16*4 17 200 X 1*4 10 1 7,900 1,350 28,200 2,425 1,500 45,700 6,400 1 34 25 2654 —* Mass Util Associates v t c Ask 13*4 8*4 Sept. 12 9*4 1 *4 Sept. 26 33 35 34 Sept. 12 35 32 Sale 30 Sept. 27 33 30 31*4 Sale 2 2 1 *4 Sale 1*4 Sept. 26 2*4 4*4 4*4 Sept. 14 4*4 Sale 4*4 Sale 103 Sept. 27 104 105 102*4 103*4 102 22*4 Sept. 12 24 23 22*4 23*4 22 13 H Sale IX 2 31 10 Lowest Sept. 30 Ask Bid Bid Marconi Internet Marine— Communication Am dep ret. 12,800 1,800 9,400 22,750 1 Price NEW YORK CURB EXCHANGE Since 35*4 "Sept." 16 Sept. 19 19 104 54 Sept. 5 17 6*4 Sept. 6 26 54 Sept. 30 18 4 Sept. 23 23 8*4 Sept. 24 5 3 Sept. 4 *4 Sept. 11 5*4 Sept. 3 *4 July 4*4 May May 3*4 May 11 May 123 30 22 24 21 22 3*4 Apr. 16 25 Mar. 18 2 May 21 May 23 50 *4 July 31 X Mar. 15 154 July 5 35 Sept. 20 Apr. 2 4*4 Feb. 29 2*4 Jan. 20 5 42 Jan. 3 Apr. 29 2*4 Feb. 20 9*4 Jan. 4 17054 Apr. 4 5*4 May 2 18*4 Apr. 22 4 30*4 4*4 76 *4 54 3*4 42*4 Jan. 4 Jan. 10 July 13 July 15 Mar. 7 Jan. 8 Feb. 17 Jan. 5 29 108 54 Jan. 10 8 *4 June 15 8 9 Apr. 21 15 10 1*4 Apr. 4 6*4 Apr. 15 May 22 9 June 12 7*4 July 27 103 Aug. May 4*4 May % July 254 July 18 *4 Mar. 20 4*4 Jan. % Jan. 10 5 3*4 Sept. %> Sept. 6*4 Sept. 954 Jan 11 7 15 June 10 8 Midland Oil Corp— 2,850 $2 conv 5*4 454 pref 8*4 4*4 May 7*4 4 July Midland Steel Products— 5,310 * 17*4 18*4 * 114*4 Sale 1 Mid-West Abrasive Co 50c Midwest Oil Co ---10 7*4 Sale Midwest Piping & Supply Co.* 10*4 11*4 I Mining Corp of Can.. * A* $2 non-cum div shares 4,750 Mid vale Co 10,800 22,300 600 „ 1,600 21,750 Minnesota Min & Mfg Co— 60 Minnesota P & L 7 % pref. .100 1,590 Miss River Power 6% pref-100 9,500 Missouri Pub Serv common..* 25,600 Mock Judson Voehringer. .2.50 221,200 15,900 18,000 2,600 Molybdenum Corp 1 Monarch Mach Tool Co com.* Monogram Pictures com 1 Monroe Loan Society cl A 1 900 Montana Dakota Utilities—10 6,520 Montgomery Ward & Co A._* 10,725 Montreal Lt Ht & Pow com..* 1,750 Moody's Investors partic pref.* 1,300 tMoore (Tom) Dist stamped. 1 600 Mtge Bank of Col Am Shs 194,000 Mountain City Copper Co__5c 38,350 Mountain Producers Corp—10 12,000 Mountain States Pow com—* 400 Mountain Sts Tel & Tel. .-.100 * 9,600 Murray Ohio Mfg Co 2.60 7,450 Muskegon Piston Ring * 2,175 Muskogee Co common 160 6% preferred 100 2,500 Nachman Springfilled Corp..* 73,800 Nat Automative Fibres com-.l 1 100,800 Nat Bellas Hess com. 2,590 National Breweries common..* * 1,100 National Candy Co com 1 16,800 National City Lines com $3 conv preferred —50 3,150 1 102,500 National Container (Del) ..* 138,800 National Fuel Gas 2,700 Nat Manufacture & Stores—* 17,800 National Oil Products. National Power & Light— $6 preferred 31,675 1,800 National Refining com 4 * Corp 1st preferred 1,025 New England Pow Asan com.* 6% preferred... 100 11,205 $2 preferred * 250 100 2,570 New Engl Tel & Tel Co New Haven Clock Co com 10,550 Mexico & Aria Land Process Co common 1 ..* ,_* City Omnibus warrants.. & Hond Rosario M 10 Auction Co common For footnotes see page 53* * New Idea Inc common—...* New Jersey Zinc.. .25 New 700 New 4,700 N Y 300 N Y N Y ~~4" "4*4 II Sale 5*4 Sale 28 27 % 2! 3 6! 7*4 24 26 Sale 27*4 17 Sale # 54 r 56*4 90*4 154 7*4 11*4 58*4 98 4*4 Sale 5*4 Sale ,10 15 1054 15*4 Sale 8*4 Sale *4 *4 1654 Sale 46*4 46*4 10 Sale 12*4 Sale 3 3*4 43 44*4 4*4 354 Sale 5 5*4 56 10*4 Sale "9*4 Sale" 1*4 Sale Sal? 12*4 114*4 117 "T" "6*4 68 1 854 X Sept. 16 59*4 Sept. 7 114 Sale Sale Sept. 7 3*4 Sept. 25 6*4 Sept. 7*4 Sept. 6 4754 Sept. 23 *4 Sept. 3 654 Sept. a:36 Sept. *4# Sept. 254 7*4 16754 162 Sale 24 54 4*4 3*4 354 5*4 Sale 1654 1754 11 42 45 11 20*4 6 15*4 42*4 Sale 10*4 254 3354 1054 3 5 11*4 2*4 10*4 Sale 165*4 20*4 2354 *4 Sept. 19*4 Sept. 22*4 Sept. *4 Sept. 3 2*4 Sale 90*4 2 4*4 9*4 Sept. 3*4 5*4 17*4 134 54 12*4 11*4 254 Sale 65 9 Sept. 26 Sept. 11 Sept. 25 Sept. 20 Sept. 6 Sept. 6 Sept. 23 Sept. 7 Sept. 26 Sept. 5 Sept. 20 A* Sale 23 4 9 54 Sept. 3 20*4 Sept. 30 16 Sept. 43*4 Sept. Sept. 14 11*4 11*4 Sept. 4 2*4 Sept. 27 Sept. 4 *36*4 _ Sept. Sept. Sept. Sept. Sept. Sept. 24 24 23 24 6 13 94*4 Sept. 23 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 5*4 Sept. 33*4 Sept. 754 Sept. 754 Sept. 10*4 Sept. 2 Sept. Sept. Sept. 115 Sept. 8* Sept. Sept. Sept. 5 5 10 25 25 10 11 9 4 Sept. Sept. 5 9 Sept. 25 654 Sept. 30 54 Sept. 10 Sale 63 2254 20*4 23*4 115 119 116*4 118 115*4 Sept. 4*4 4*4 4*4 454 454 Sept. 1354 1454 1354 14*4 13*4 Sept. 57 5754 Sale 62*4 63*4 Sept. 1 1 1*4 Sept. no7/* Sept. 16 67*4 Sept. 6 20*4 28 2*4 6 17 34 3*4 11 18*4 " 107*4 3*4 5 28 3*4 7 17*4 14 18*4 6 Jan. 24 Jan. 29 May 8 15 Feb. 21 Jan. May 2154 Apr. May 2 Apr. 9 9 4 2 Mar. 0 Feb. 29 81*4 Jan. 29 16 3 10 1 54 May 27 31 *4 May 22 76*4 June 2 July 354 May 24 7 5 13 142 May 28 7 54 May 21 June 4 Jan. 48 ■«B 35 10 10 Apr. 30 May Feb Jan. 26 8*4 May 21 5*4 May 21 *4 May 14 16 July 9 June 23 171 June 11 Jan. Jan. ■« May 139*4 May 15*4 May 22 Aug. 54 Apr. 2*4 May May 4 May 12 May 125*4 July 654 May 1154 May June May 55 May 85 Jan. 54 1 May 54 May 8 May 110*4 May 84*4 May 3 May 4*4 May X Aug. 11*4 Jan. 3 11*1 Apr. 15 54 Apr. 3 31 Jan. 25 1154 Feb. 27 1754 Apr. 22 47*4 Apr. 30 14*4 May 6 13*4 Jan. 25 3*4 Feb. 8 44 Jan. 97*4 354 654 5454 11*4 Jan. 6 Apr. 6 Feb. 13 Jan. 4 Feb. 20 3 8*4 Mar. 6 12*4 Apr. 15 2 1*4 12 54 117*4 84*4 Sept. 25 July 10 Jan. 8 Apr. 25 May 22 6 Jan. 7 1 Apr. 25 Jan. 4 26 3 Sept. 8*4 Sept. 17*4 Sept. 30*4 Apr. 19 8*4 June 55 May 18 May 1 118 110 June 3 54 June 14 10*4 May 49 May 54 July 26 July 3*4 Sept. 16 8*4 Sept. 5 18*4 Sept. 23 Feb. 8*4 Sept. 15*4 May Sept. 5 4*4 Sept. 24 Sept. 6 63*4 Sept. 26 1*4 Sept. 5 34 3*4 11 Feb. 2 7054 May 6 94 July 19, 11754 Feb. 20 554 Apr. 4 2 11*4 Jan. 18*4 June 14 30 9 64 9*4 Sept. 2*4 Sale 1* 30 9 89*4 Sept. 12 Sale 1*4 Apr. 18 4754 Sept. 23 43*4 10 1454 4254 10*4 10*4 2X 3454 8^ 9 14 *4 Sept. 21 18*4 Sept. 27 29*4 31*4 3054 7 7*4 Sale 7X 8*4 7*4 7*4 7*4 6*4 AA 10 9*4 954 Sale 10*4 154 Sale 1*4 154 1*4 54 Sale *4 A 8 9 8*4 8*4 113 112 116 117 113*4 83 8454 4 4 "4*4 3*4 6*4 Sale 554 6*4 6*4 54 54« A 2*4 2*4 31*4 554 May 24*4 Jan. 54 May June 1*4 6*4 9*4 *4 lH 754 16 44 54 Sale 34 Sale Apr. 4 120*4 May 13 254 Apr. 10 8*4 May 10 75 9*4 19 May May Jan. May May May May May June May May 12 97 90 96 75 5/« Sale 1954 Sale 9 654 13*4 1454 25 72*4 Sale 24 27 f 1654 Sept. 10 115 Sept. 23 154 Sept. 4 7*4 Sept. 5 Sept. 5 Sept. 16 16 Sept. AA 130 13354 Sept. 133 133H Sale 11 12 12 10*4 10*4 Sept. 13*4 Sept. 13*4 1354 13*4 14*4 9 7 8 9 Sept. 8*4 2 52 92 2* 94*4 Sale "4*4 "5*4 17 "8 6*4 Sale 754 4054 AA *36 *4 Sale 1*4 2*4 6*4 6*4 7*4 160*4 162 165*4 20 19*4 20*4 2154 2354 23 67 11 16 Sept. 114 Sept. 117*4 109 1*4 Sept. 154 6*4 Sept. 654 7*4 10*4 *4 Sept. 54 55*4 Sept. 55*4 Sale 15*4 112*4 Sept. 110*4 113 112*4 Sale 3*4 Sept. 354 454 354 454 6 6 6 Sept. 5*4 6*4 6* * 2,700 Nelson (Herman) Corp....—5 * 3,500 Neptune Meter class A * 3,400 Nestle Le Mur Co class A Nevada Calif Elec com .....10 3% cum-4% non-cum...100 '"250 12,400 20,200 40,500 10,600 91 Sale 94*4 * * 48,400 Nat Rubber Macn com 9,750 National Steel Car Ltd...—* — -* 25,900 National Sugar Refg. 3,875 National Tea Co 5*4 % pref. 10 12.50 35,310 National Transit 34,400 National Tunnel & Mines.. .* 30c 39,200 National Union Radio * 6,800 Navarro Oil Co 190 Nebraska Power 7% pref.. 100 40 Nehi 58 16 109 2 Jan. 12 Jan. 11 3 25*4 Jan. 136*4 Apr. 22 8*4 May 2 Apr. 2 Apr. 30 zlH ll* Jan. 8 Apr. 3 Apr. 25 Apr. 25 28*4 Jan. 25 OCT., 1940] CURB YORK NEW AGGREGATE SALES 47 EXCHANGE PRICES IN SEPTEMBER NEW YORK CURB EXCHANGE Since Jan. 1 Shares STOCKS RANGE SINCE JAN. 1 Price Jan. 2 1940 (Continued) Par 9,000 N Y Merchandise Oo com.. 10 2,620 N Y Pr & Lt $6 pref .♦ 3,620 7% preferred ---100 N Y Shipbuilding Co— 48,600 -1 Founders shares Bid 7 54 Ask 834 Ask Bid 7 7 1134 Sale 105 17 104 17 13 Lowest Highest Sale Prices 7 Sept. 25 Sale Prices 734 734 Sept. 18 10434 10234 Sept. 17 £105 54 Sept. 16 11434 11254 Sept. 19 11454 Sept. 5 113 18 Ask 103 11434 US 107 Lowest Sept. 30 Sept. 3 Bid 7 1834 17 Highest Sale Prices 7 May 28 Sale Prices 934 Mar. 11 98 Jan. 19 May 23 109 10354 May 25 11834 Jan. 6 1834 Sept. 24 11 May 21 10754 Sept. 25 6 Sept.18 2834 Sept. 26 454 Sept. 6 86 Sept. 5 73 Sept. 24 JajSept. 3 34 Sept.17 434 Sept. 4 Sept. 16 98 May 108 534 Jan. May 334 May 29 2354 Apr. 22 N Y State Elec & Gas Corp— 2,240 534 preferred —100 6,900 New York Transit -5 4,220 N Y Water Serv 6% pref._.100 436,600 Niagara Hud Pow com.....10 11,500 5% 1st pref........ 100 990 23,400 3,700 100 5% 2d pref Sale" Class A warrants Class B warrants 15,600 Niagara Share Corp 450 preferred. Class A class B..5 - • Ogden Corp common Ohio Ed a n $6 preferred Oklahoma Nat Gas com.. —15 $3 preferred ---50 6,025 $5.50 conv pref^__—____—* 183,984 Oldetyme Distillers 1 Oliver United Filters B ~2~ 600 Omar Inc 1 3,235 Overseas Securities Co * 2,000 66,600 9,900 1,810 1,135 1,800 100 Pacific Can Co * 419,400 1 Corp 10 1,150 Parker Pen Co 31,800 Parkersburg Rig & Reel Co.. 1 350 Patchogue Plymouth Mills—* 2,390 Pender (D) Grocery cl A * Class B * 14,600 5,030 Peninsula Telep Co com * 450 $1.40 preferred 25 1,000 Penn Mex Fuel common...50c . —2.50 1 1 47 * * 50 20 * 100 * com $3 conv preferred A 63,800 10 * 14,500 Pierce Governor Co com .1 72,000 Pioneer Gold Mines Ltd 37,800 Pitney Bowes Postage Meter.* 50 550 Pitts Bessemer & LB RR Sale 234 534 20 9034 6 2134 34 Sale * * 20 3 16 3234 31 3 Sale 1-07 109 534 8 1934 10634 IO234 115 11254 10734 6 Sale Sale 11 111 334 554 • Sale 334 654 Sale 12 Sale 2934 108 82 454 1734 234 334 954 Sale 4 754 654 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 14 1434 33 3454 3034 31 1634 3454 3254 134 4634 1354 3354 3054 54 3234 54 40 111 Sale 16734 Sale "6754 89 2654 8 734 Sale 9154 29 Sale 8 554 6 634 Sale 36 24 56 Sale Sale Sale 3 234 Sale 234 Sale 15 29 I* 24 « Sale 1434 154 4* 2 Sale 4654 §34 7 134 634 4434 1534 154 Sale 4634 13 Sale 6234 1254 Sale 94 Sale Sale 154 8 , ' 754 434 6734 20 134 Sale 934 Sale Iff % 654 6 93 5 33 5 3 20 5 4 23 12 17 ** o 3334 3634 8 534 60 21 54 3434 834 34 6 3 3 3 834 6 9734 100 10234 6% 1st preferred 150 100 10654 109 7% 1st preferred 410 100 11034 115 27,850 Pub Serv of Ind $7 prior pfd—* 9054 Sale $6 preferred * 28,800 50 Sale Public Service of Oklahoma— 6% prior lien pref 100 10334 10434 1,870 7 % prior lien pref 820 100 110 Sale 73,000 Puget Sound P & L $6 pref...* 2434 Sale $5 prior preferred * 42,425 7854 Sale * 79,100 Puget Sound Pulp & Timb 1254 Sale 5 575 Pyle-National Oo com 10 5,600 Pyrene Mfg "634 "'634 106 334 60 2 84 Sept.30 Sept. 30 Sept. 6 Sept. 4 Sept. 25 Sept.25 354 Sept. 334 Sept. 5 5 734 Sept. 25 Sept. 23 5134 Sept. 11 16 Sept. 25 3354 Sept. 23 3054 Sept. 12 34 Sept.17 32 For footnotes see page 53. 4434 Sale 181 Sept.23 5834 Sept. 8354 Sept. 534 Sept. 654 Sept. 6 6 334 Sept. 7 Sept. 3054 Sept. 14 Sept. 154 Sept. 634 Sept. 18 12 5 10 23 3 334 854 3354 1534 154 654 Sept. 18 Sept/21 Sept. 20 Sept. 26 Sept. 6 Sept. 25 3 13 3 14 May 1 Sept. 18 Apr. 18 Jan. 4 Apr. 15 May 9 .334 Aug. 1 2434 May 10 11654 Mar. 12 107 Apr. 5 117 Sept. 5 11634 Mar. 26 10854 Apr. 1 854 Apr. 5 Apr. 3 June June 554 July 1334 May 39 May 100 May 154 Feb. li* 50 117 Mar. 13 Mar. 29 454 July May 24 154 July 22 1334 Feb. 3 May 22 2634 May 27 16 1154 Sept. Sept. 1 1234 Sept. 9 89 Sept. 13 154 Sept. 19 7 Sept.19 60 1334 Sept.21 Sept. 5 1334 Sept. 27 95 Sept. 5 134 Sept. 13 734 Sept. 28 63 100 72 234 June 3 Sept. May May May May May May May 6 20 41 £11 27 30 34 Mar. 3 70 7 % Sept. Sept. 2154 % 37 854 ■4* 854 7 21 54 3534 734 34 334 834 634 9934 10334 101 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 34 Sept. Sale 25 Sale 87 Sale 17 8 8434 1634 10 9 85 Sale 1034 654 Sale 15 4 July 3 May 5 May 2034 May 934 Jan. 1 June 6 May May May May May 65 54« Sept. 23 334 Sept. 4 3 5 2154 26 54 3534 854 27 19 10 16 5 18 54e 334 854 7 Sept* Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 3 5 4 27 25 23 27 18 101 12 26 18 9 11034 Sept. 26 5 11334 Sept. 16 Sept.12 2534 Sept. 26 8334 Sept. 23 87 Sept. 3 16 Sept. 26 1834 Sept. 5 23 554 Sept. 10 65i Sept. 23 15 34 May 3454 Apr. 3154 Jan. 534 Feb. 27 3 54 Jan. 26 1234 Feb. 21 10H Jan. 3534 5134 1634 3634 3234 34 3 June 2 Jan. 19 Feb. 19 28 112 22 11354 Mar. 11 28 185 May 3 21 9 24 24 24 1634 Apr. 18 7254 Jan. 9034 Jan. 34 May 254 May July 55 July Jan. 834 Jan. 120 May 34 May May 434 May 34 July 234 May 83i May 454 May 95 May 99 June 58 May 1154 Jan. 7 54 May 454 May 4 5 3134 Feb. 634 Feb. 8 1554 Mar. 30 Apr. 1 May 3 U 2 Jan. 8 Apr. 8 Feb. 29 Apr. 20 Sept. ill* 5 Apr. 17 Feb. July 29 1 Jan. 6 Feb. 15 7 20 154 Jan. 134 434 854 8154 Apr. 18 IIS Jan. 13 Mar. 9 Feb. 13 June 4 Jan. 5 Feb. 7 Jan. Feb. 4 10 v 5} 9] 9] 102] Jan. 1 24 Apr. £l0434May 16 107 109 June 10 1131 67 May 21 1061 35 May 21 591 10434 June 1334 May 4 11 29 Jan. 16 32 13 2834 Mar. 14 Sept. 34 Aug. 8 3 11 11 6 30 17 Mar. 21 May June Jan. Sept. Apr. May Apr. Sept. 254 Sept. 19 2254 Apr. 15 3854 May 8 66 Sept. 4 May 454 June 113 34 June 7 10834 10934 11034 Sale 10834 Sept. Sept. 11334 11134 11234 113 24 29 17 7 26 4 66 21 20 26 17 June 10 54 Sept. 7 4 14 Apr. 34 May 9734 May 10334 May zl5854May 12 Feb. 5334 May 53 May 22 May 8 43 854 Feb. 13 334 Feb. 20 6 6 9 June 10 10834 Feb. 28 May 24 9534 Jan. 11 May 15 654 Feb. 23 Feb. 20 Feb. 6 6 28 39 10434 Sept. 24 10434 Sept. 24 10434 107 11154 Sept. 14 11154-Sept. 14 11234 114 90 9154 8754 Sept. 27 95 Sept. 21 42 Sept. 27 5034 Sept. 23 4334 4534 45 54 634 3834 11054 May 104 May 29' 6 111 534 21 64 Sept. 4 134 Sept. 5 10934 Sept. 18 11254 Sept. 5 92 1854 11934 934 1534 May 96 8 Jan. s* Mar. 110 YAMay 94 8 Jan. 52 June 1 95 Jan. 2654 Apr. 2654 Jan. 66 11154 113 91 IP 534 Jan. 25 3 134 Jan. 10334 Mar. 28 234 May 27 154 May 21 1134 Jan. 15 107 - Public Service of Colorado— 7134 May 10 934 Mar. 27 234 Sept. 24 254 Sept. 19 162^ Sept. 7 434 Sept. 3| 6 Sept. 28: 54 334 7 Sale 2054 334 Sept. 6 2134 Sept. 5 10734 Sept. 5 106 Sept. 24 117 Sept. 5 11454 Sept. 20 108 — SeptV ,5 6 Sept. 9 1954 Sept.28 50 Sept. 6 11334 Sept.10 30 14 27 3354 3034 11 25 108 254 Sept. 154 Sept. 1434 Sept. 1134 34 % o," 334 1334 7 9 34 Sale 434 454 834 32 15 Sale 1154 Sale 6134 Sale 1254 Sale 93 54 9134 "134 ""134 42 3 1054 1654 21 33 Sale 303-4 9 40 27 11934 3 754 27 8 31 loH "21" "22" 3 110 . _ 41 3834 5 454 434 Sale 554 654 634 654 11534 11634 11534 118 3134 3034 2954 3134 334 354 Sale '1154 "l2" 12 24 66 iOM.llH 154 5054 34 254 1 Sale 754 Sale 30 64 6534 6534 Sept. 1 Sept, 34 134 134 Sept. 10834 11034 10834 10934 109 £lll 111 Sale 112 Sale Sept. 180 180 190 Sept. 17534 185 8 7 16 1134 55 55 56 Sept. 5634 Sale 81 79 785i Sept. 7854 Sale 63 234 21 8 29 37 134 2034 254 Sept. 30 3 Sept. 4 53 254 84A 4 11 35 Sale 13 12 Sept,)' Sept. Sept. Sept. Sept. Sept.27 Sept. Sept.12 Sept. 24 Sept.14 Sept.18 Sept. 23 Sept. 6 Sept.13 Sept. 10 May Sept. 54 May 334 May 34 May 57 "May 15 May 15 May 4434 May 34 Mar. 234 May 95 May 97 May 6 May 7 May 12 May 2654 June 4 51 Sale 3f: 4 8 27 10 19 Feb. 554 Feb. 9954 Feb. June 50 8 20 sP 2 5 13 Apr. *M Jan. 1 54 May 334 May 20 29 254 6654 Sept. 21 9 Sept. 26 87 in Jan. 5 4834 1454 17 20 154 Sept. 28 14 4634 1354 8* Sale «VA 2 12 5 Sept. 3 Sept. 17 Sept. 27 Sept. 19 Sept. 5 Sept. 18 Sept. 3 Sept. 9 Sept. 9 Sept. 28 Sept,, .30 Sept. Sale 3254 Sept. 3054 2954 Sept. 108 Sale Sept. 81 8334 Sept. 33 '""34 """54 66 Jan. 5 Jan. 3 Mar. 28 92 May July 5 Sale 11 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 6 2 Sale 73 5 14 20 » ._* 11334 654 954 49 8154 5 18 3 2934 934 1 734 1054 1754 4834 Sale 434 1634 _ 7,400 Prosperity Co B common 2,100 Providence Gas Co.. 38,600 Prudential Investors com $6 preferred 4,550 Sale 234 80 3 106 24 "4434 .7.50 * 3 108 1454 3354 33 934 Sale 4254 1134 1034 10034 ..... 34 254 105 4954 34 254 Sale. 8 13 30 20 Sale 11 4.34-.112L 154 334 13 20 22 1934 934 1 900 Prentice-Hall Inc com 15,000 Pressed Metals of Amer. 11,700 Producers Corp of Nev 7934 22 Sale 50 49 113 8 734 1854 18 454 Sale 354 434 10 25 5 21,100 Potrero Sugar com. 5 20,400 Powdrell & Alexander com 400 Power Corp of Can com 180 6% 1st preferred ...100 ♦ 8,100 Pratt & Lambert 1 52,000 Premier Gold Mining Sale 64 54 334 Xt 7934 Sale Sale 2034 2154 10734 10634 107 10334 106" 102 11554 11634 114 11454 11434 115 10534 108 50 350 Pneumatic Scale Corp Ltd- -10 —25c 16,100 Polaris Mining Co Sale iP 3354 Sale 3154 Pitts Metallurgical Co com 10654 10034 11534 11234 10734 534 "754 Pitts & Lake Erie RRl Pleasant Valley Wine Co Plough Inc common 934 1934 11334 115 — IX 154 Pittsburgh Forgings Co Pittsburgh Plate Glass 985* * * * 1 33,100 Pharis Tire & Rubber Co 13,400 Philadelphia Co com ♦ 340 Phila Elec $5 div preferred...* 1,925 Phila El Pow 8% pref 25 12,800 Phillips Packing Co * 1,007,900 Phoenix Securitleb common— 1 53,500 17,480 14,900 48,500 11,600 9.200 8 34 1934 89 $1.30 1st preferred Pantepec Oil of Venezuela— . 9834 Sale 31 * 1,200 Penn Traffic Co 285,400 Pennroad Corp com 235,200 Pa Cent Airlines com 400 Pa Edison Co $2.80 pref 200 $5 preferred.. 2,310 Pa Gas & Elec class A 1,400 Pa Pow & Lt $6 pref 5,100 $7 preferred 2,970 Pennsylvania Salt Mfg 750 Pennsylvania Sugar Co 18,250 Pa Water & Power 4,900 Pepperell Mfg Co 107 Sale Sept. Sept. Sept. Sept. Sept. May 10 754 Apr. 16 17 85 6654 834 54 11334 11454 11454 734 654 Sale 10 1034 Sale Sale 16 1934 32 3054 3034 3 34 21 11 Pacific Public Service com 700 Perfect Circle 654 734 1454 Sale 16 J* 1834 3534 3634 100 Pacific Lighting $5 pref Pacific P & L 7% pref American shares 900 Paramount Motors 3* 106 Sept. Sept. Sept. Sept. 95 *88 .25 25 * Pacific G & E 6% 1st pref.. 5 )>4 % 1st preferred 4^ 88 63 8 834 % 54 54 334 334 354 54 Sale 84 7534 8134 20 1954 1854 1854 20H 5054 * common ■ Sale 8 * class B J* 95 88 6434 4 * Ohio Oil % pref ...100 Ohio Power 6% preferred.. 100 Ohio Pub Serv 7% 1st pref. 100 6% 1st pref ...100 Oilstocks Ltd common 5 ■ 554 ... . Ohio Br 5 34 100 31,700 Nlles-Bement-Pond com. ♦ 600 Nineteen Hundred Corp B...1 20,900 Nipisstng Mines...... 5 11,900 Noma Elec Corp com 1 203,400 Nor Amer Lt & Pow com 1 28,425 $6 preferred — * 13,800 North Amer Rayon cl A * 5,480 Class B common * 3,304 6% prior preferred 50 2,300 Nor Amer Util Sec com * 2,700 North Cent Texas Oil 5 3,495 Nor IndPub Ser 6% pref... 100 2,395 7% preferred 100 10,800 Northern Pipe Line 10 56,500 Nor States Power A 25 6,900 Northwest Engineering * 13,500 Novadel-Agene Corp * 64,400 8,275 3,175 10,800 1,990 1,220 1,225 4,300 63,100 8,650 534 534 2154 Sale 534 Sale 86 34 Sale 10534 10634 10734 10834 £106 6 6 534 654 534 19 2054 2734 Sale 1934 4 434 Sale 434 Sale 84 84 86 8434 Sale 69 70 73 70 6734 Sale '3* »3j 34. 34 34 54 34 434 434 434 8 Apr. May 0 7 May 14 Mar. 19 May May 3 3 11034 Sept. 26 11334 May 9 3234 Jan. 10 87 Aug. 21 29 May 10 1054 Apr. 12 734 Mar. 7 AGGREGATE NEW In September Jan. 2 Jan. 1 Ask Par Bid 1184' 1004 Sale * 117 158 153 4 150 100 150 94 11 124 16 * STOCKS (Continued) 5,160 Quaker Oac» com 3,150 6% preferred 1,250 Quebec Power Co. 4,400 1,000 2,000 — 80 100 500 100 36,500 300 100 1,400 „ 75 900 1,300 1,500 500 ""750 900 • Sale Sale 64 Sale 134 15 ""6 14 925 4,600 500 10 """400 4 3,700 1,800 1,700 ""500 8,500 2,100 400 6,900 100 750 600 770 Scranton Lace Co common Sale 3 74 9 4 4 604 100 300 3,700 900 2,400 270 Shattuck : 5% cum pref A A A of Can Sherwin-Williams Simmons-Goardman 400 ~l",440 200 300 200 1,900 800 60 400 1,000 1,300 200 25 3,200 1,600 150 600 200 600 ""300 2,500 700 100 5,100 4,100 325 36,100 300 " 2 ,200 700 1,700 34 14 24 Sale 3 644 Sale. 4 4 4 54 24 4 14 24 24 11 30 24 4 4 284 Sale 1 4 39 4 4 Sale 54 6 4 514 54 4 54 4 Sale — 4 14 7 4 9 64 Sale 184 184 94 4 Sale 113 4 Sale 10 4 Sale 4 1 Sale 14 6,600 Spencer Shoe Corp 700 Stahl-Meyer Inc com— 900 Standard Brewing Co 43,100 Standard Cap & Seal com Conv preferred.. 14,150 Standard Dredging Corp— 20 22 45 14 14 14 2 364 C % 3* 84 400 44 4 34 Sale 4 1 10 20 Stand Invest $5.4 preferred. .* Standard Oil (Kentucky) 10 Standard Oil (Ohio) com 25 5% preferred 100 Standard Power & Lt com. 4 94 4 % 44 Sale Sale 44 Sale 24 434 34 45 434 Sale 43 444 34 714 44 4 27 Sept. 5 Sept. 25 Sept. 5 Sept. 16 Sept. 13 114 Sept. 23 27 Sept. 12 12 Sept. 23 294 Sept. 24 21 Sept. 7 84 Sept. 12 % Sept.20 354 Sept. 27 4 Sept. 21 4 Sept.18 9 Sept.16 4 Sept. 6 3 Sept. 20 43 4 Sept. 24 434 Sept. 3 4 14 4 14 4 4» Sale 14 14 14 54 54 64 54 74 Sale 44 44 44 13 Sale 134 Sale 78 79 824 794 Sale 1104 1084 109 1104 no 5 74 44 11 134 104 124 1^ 1 ir* 21 5 24 Sale 4 14 20 54 1 Sept. 18 94 Sept. 14 Sept. 5 6 374 Sept. 14 % Sept. 7 44 Sept. 7 10 Sept. 4 4 Sept. 13 3 Sept. 20 46 Sept. 6 47 4 Feb. Sept. 14 8 1 4 Feb. 24 24 Jan. 264 Jan. May 21 May 22 May 17 2 10 6 July 24 May 27 July 8 4 Feb. 16 Sept. 27 64 5 % Tan. May 28 1054 July May 21 1044 July 4 Jan. 95 9 Apr. 194 Mar. 27 5 4 Jan. 4 24 Apr. 5 3 34 Aug. 13 14 May 22 94 6 Jan. 17 12 4 June 25 17 16 1164 Feb. 9 Jan. 29 May 14 6 May Jan. Aug. Aug. Apr. 124 Jan. 34 Mar. 14 14 44 4 42 3 4 2 8 Feb. 6 74 Jan. 5 Feb. 24 65* June 5 24 May 8 May May 44 Aug. 14 May Mar. 20 Mar. 7 4 154 Jan. Apr. July 24 Jan. 50 5 40 13 12 6 Feb. 2 4 May 14 Aug. 9 May 2 4 May 484 May 4 Aug. Tuly 44 154 44 814 94 27 35 5 Tan. 24 Apr. 30 Apr. 10 ,May May 3 Jan. 6 24 18 1 Jan. 26 14 Jan. 17 34 May 13 Jan. Sept. 4 Aug. May 224 May 9 4 Sept. 3 14 Sept.' 6 54 Sept. 12 54 Sept. 11 134 Sept. 4 Sept. 13 834 Sept. 5 111 19 July June Sept. Sept. Sept. Sept. Sept. Sept. Sept. 4 6 23 26 5 19 12 6 24 44 May 21 4 July 12 4 Mar. 7 35 .Tune 4 Jan. 10 18 3 4 May 23 * 294 Mar. 13 Mar. 53 8 94 July 31 14 Sept. 6 1 Apr. 5 40 Apr. 30 14 Mar. 2 84 Tan. 5 May 27 y\ Sept. 11 11 Jan. 16 Aug. 29 Tune 5 May 28 May 28 I 4 A 4 Jan. 2 Jan 5 106 594 Apr. 23 60 Apr. 6 14 24 84 64 184 4e Jan. 1 May 54 Sept. 34 May 10 May 624 June Mar. 9 Mar. 13 Apr Apr. 12 10 Jan. 31 100 Apr. 4 1144 Jan. 10 114 Mar. 7 154 Apr. 16 May 54 May May 8 54 1 Sept. 3 4 Sept.27 54 Sept. 1 Sept. 7 9 102 103 4 100 14 2 14 4 4 14 1 4 4 14 3 104 Sept. 7 4 June 14 July 14 1 14 Sale 44 24 Sale 30 4 454 Sept. 14 Jan. 4 14 14 44 24 30 4 29 4 444 4* 7I"4 44 1 60 Sale 44 14 304 29 Sale 14 70 44 64 24 184 4 14 294 1 14 44 14 Sale 294 294 45 46 14 63 Sale ""54 54 64 Sale 6 5 Sale 32 Sale 34 35 23 20 18 224 24 ""54 ""54 41 214 24 12 24 Sale 14 84 3 204 224 14 94 24 4s 4 14 Sale 2 24 1 Sale 14 4 Sale 194 Sale 114 2 124 10 Sale 20 4 32 Sale 107 H '8 % Sale 1084 Sale 4 Sale 40* Sal* 14 14 14 114 9 184 31 1044 4 4 4 Sept. 14 Sept. Sept. 14 Sept. 304 Sept. 294 Sept. 454 Sept. 14 Sept. 4 20 3 18 18 5 25 4 20 Sale a* Sept. 4 Sept.23 Sept. 6 Sept. 20 5 Sept. 3 324 Sept. 3 21 Sept. 6 14 Sept. 30 Sept. Sept. Sept. Sept. Sept. 354 Sept. 21 Sept. 14 Sept. 54 64 24 18 4 54 6 5 30 20 12 25 6 13 14 44 10 9 184 314 32 1064 106 Sale 4e 4 4s 204 25 Sale 94 4 4« Sale 31 14 54 134 14 114 4« Sept.11 1 Sept. 5 % Sept. 11 14 Sept. 3 4 Sept. 11 Sept. 20 134 Sept. 3 4 Sept. 11 54 Sept. 4 14 Sept. 4 5 3 114 Sept. 3 114 Sept 9 Sept. 21 9 Sept 21 Sale 184 Sept 24 184 Sept. 3 6 32 4 334 Sept.24 31 Sept 5 1074 Sept. 23 1084 106 Sept Sale 4e Sept. 12 4 Sept, 4«Sept. 6 4 Sept, 224 Sale 8 4 Sept. 94 Sept. 30 4«Sept. 6 Sept. 4 36 34 30 Sept. 4 Sept. 10 14 May Apr. Jan. Sept. Mar. 72 May Jan. Mar. 12 Apr 3 19 9 1 1 4* Apr. 29 Jan. 35 May Aug. Feb 3 24 24 Mar 21 16 Apr. 2 14 Sept. May 2 May 22 14 Mar. 6 4 Jan. 23 44 Aug. 12 13 Aug. 14 1 1 Mar. 12 20 Jan. 4, Jan. 4 2 6 2 114 Apr. 44 May May Jan. July 5 21 Jan. 21 3 170 4 Mar. 16 64 Jan. 23 Feb. 28 Apr. Jan. 2 7 Mar. 11 24 304 30 4 46 4 May May 1 44 4 4 2 4 144 May \h Jan. 24 4 May 35 May 8 2 134 94 4s 304 Sale 14 14 54 4 14 4s 54 Sale 104 21 44 54 24 184 Apr. 24 Mar. 26 8 Jan. Jan. Aug. £8 2*7* 66 167 94 2 Sale Sale 84 14 4 '54 134 3 6 Sept.18 14 Sept. 18 294 Sept. 12 29 Sept. 9 44 Sept. 3 1 Sept. 18 153 Sale 24 4 Sept. 14 Sept. 4 Apr. 12 June 21 Feb. Feb. 72 54 24 184 54 "44 "54 . 14 294 284 Sale 150 170 162 4 2H 105 May 95 9 4 1 5 2 Sale 10 224 5 4 24 14 10 9 4 94 Mar. 26 99 Aug. 19 155 Jan. 19 25 Sale 24 4 22 Spring Oo-^._6 Standard Tube class R 53. 1 * class B common $7 preferred Standard Products Co Standard Silver Lead For footnotes see page Sept. 13 Sept. 13, Sept. 20 Sept.16 Sept.13 4 38 35 Sale 2 4 $160 conv preferred & Acid Works 14 42 4 Tune 11 44 % 1 41 11 100 154 152 14 Standard Wholesale Sept. 24 44 Sept. 3 134 Sept. 3 444 Sept. 9 5 Sept. 5 24 SepC23 1 Sept. 6 65 14 * Common Standard Steel 4 June 20 Feb. 6 4 Feb. 16 64 May 22 May 17 10 16 10 4 34 4 164 44 K« Feb Pub 46,100.Sonotone Corp 6,900 Sons Mfg Co 18,000 South Coast Corn com 27,100 Sou Calif Edison 6% pref B-.25 17,400 54% pref class C -.25 1,160 5% original pref ...25 8,100 Southern Colo Power cl A—25 40 7% preferred 100 140 South New Engl Telep Co..100 2,600 Southern Phosphate Co 10 23,400 Southern Pipe Line .10 19,000 Southern Union Gas com * 1,100 Preferred A 25 28,400 Southland Royalty Co 5 30,300 South PennOil 25 2,550 So West Pa Pine Lines .10 11,200 Spalding (A G) & Bros Inc—1 3,070 5% 1st preferred Spanish & General Corp Ltd 800 Am dep rets ord reg shs—£1 1,500 4,150 59,600 68,100 2,650 355,800 19,500 2,170 22,200 29,900 32,200 2,300 13 May 21 115 4, 4 Sale 62 20 Sale 57 Sale 1 Sale • 24 604 34 4 27 13 "22" 94 % 10 5 3 5 6 4 4 204 10 * * Sale 46 84 100 14 24 30 27 4 134 274 84 Sept. 3 34' Sept.25 • Sept. 9 444 Sept. 9 44 Sept. 4 24 "Sept. 3 r 1 Sept. 6 70 34 4 33 Sept. Sept. Sept.. Sept.. 12 .68 4 104 264 4 * ..5 44 44 27 113 1 1 53 12 23 __* Sioux City G & E 7% pref. 100 common—5 9,800, Solar Mfg Co 60 94 24 24 64 % 62 , 5,000 100 Sale Sept. 5 14 Sept. 17 14 Sept. 18 5 Sept. 4 2 4 14 124 600 Skinner Organ Co 1,700 Sale 9 7 5 29 4 4001 Corp conv pref 246,200 Simmons H 'ware & Paint Co. _ * 12,300 Simplicity Pattern Co 100 Simpson s Ltd B stock 6,420 SingerMfgCo i.100 Singer Mfg Ltd— Am dep rets ord reg shs._.£l 1,400 310 54« 10 624 , 5,200 Sale 39 1 Shawinigan Water & Power..* Sherwin-Williams Co com -.25 Silex Co (The) common 24 14 12 36 25 Denn Mining 9 Sale Sale 8 11 94 Sale 94 142 1164 Feb. 114 10 3 4 Sale 574 Sale 7 4 Sale 4 1 Sept. 27 54 Sept. 17 144 Sept. 27 44 Sept. 7 14 Sept. 3 13 13 Sale 44 14 Sale Sale 4 17 120 114 120 104 84 24 14 44 4 44 4 Sale 15 124 Sept. 30 Sept. 30 4 Sept. 5 1 Sept. 5 204 Sept. 24 5 Sept.17 45 4 Sept. 23 4 Sept. 23 103 1044 104 4 105/16 1044 Sept. 12 1044 Sept. 23 1024 1044 1034 105 424 1 44 24 1 5 Seton Leather com 14 Sale Prices Feb 9 June 10 125 Sept. 21 May 21 156 4 Aug. 13 54 June 13 4 Feb. 16 4s Sept. 64 Sept. 4s 4 46 4 "24 ""24 Selected Industries Convertible stock Sentry Safety Control Serrick Corp class B com 44 44 Sale Sale * * 91,200 1,100 2,400 62,925 8,700 38,250 2,470 1,100 1,900 54 144 13 Selfridge Prov Stores, Ltd— American dep rets reg £1 2,900 44 14 45 Segal Lock& Hardwardcom Seiberling Rubber com-.-. — Selby Shoe Co com Allotment certificates. 14 14 15$ Sale 14 4 «. $5.50 prior stock 34 53 63 3 4 3 134 Sept. 5 44 Sept. 9 144 Sept. 24 44 Sept. 7 14 Sept. 30 42 1 ,. 144 Scranton-Spring Brook Water 200 Service 86 preferrek— * 20,112 Scullin Steel Co common W arrants 31,400 3,000 Securities Corp Gen'l com. — * * 1,700 Seeman Bros common 397,899 42,500 4,250 51,700 4,450 7,450 6,700 0 1 204 54 4 14 12 114 12 114 Sale 14 24 114 .-* IScranton Elec $6 pref 30 % 115 5 * 25 1,400 Savoy Oil Co 7,100 Schiff Co com. 56,400,Scovill Mfg Co.. 64 24 . 44 44 134 Sale 6 94 Sale Sale 4 4 194 1 4 Sept. 5 Sept. 11 6 184 Sale 154 5 Sale 124 45 4 4 3 1C54 Sept. 28 Sept. 21 Sept. 5 204 54 114 42 20 Sept. Sept. 16 Sept.14 4 Sept. 5 1 Sept. 5 194 Sept.27 5 Sept.17 104 40 2 4 25 4 54 4 . 18,400 Sale 37 4 . . 300 2,800 1,000 124 354 .. Sale 64 % 4 64 4 4s Highest Lowest Sale Prices 155 Sept. 5 156 150 159 94 Sept. 27 10 94 104 6 Sale Highest Sale Prices 1054 100 103 4. 4 9 . """600 50 . - 400 1,300 7,800 Radio-Keith-Orpheum— 21,000 Option warrants 3,795 Railway & Light Securities _ 1,300 Kys & Utll invest cl A com Raymond Concrete Pile— Common 8,300 980 $3 oonv pref ..-50c 4,100 Raytheon Mfg com. * 7,700 Red Bank Oil Co. 10,225 Reed Roller Bit Co 3,700 Reeves (Daniel) com ..50c 14,500 Relter Poster Oil Corp ...5 3,750 Reliance EI & EngCo 635,200 Republic Aviation Corp 1 7,600 Rheem Mfg Co —1 2,000 Rice Stix Dry Goods Co ..1 26,600 Richmond Radiator com Rio Grande Valley Gas Co — Voting trust otfs I 18,700 4,450 Rochester G & E 6% pfD--100 175 6% preferred C 100 Rochester Telephone Corp— 10 64% 1st pref... 100 * 1,000 Roeser & Pendleton Inc 13,600 Rome Cable Corp common—5 5 12,100 Roosevelt Field Inc.. 1 14,000 Root Petroleum Cocom 3,900 $1.20 conv preferred 20 * 16,700 Rossia Tnternat Oorp 8,250 Royal Typewriter com ' 2.50 6,200 Russeks Fifth Ave Inc 1 90,900 Rustless Iron & Steel Corp .50 conv pref 1,900 * 1 3,100 Ryan Aeronautical Co. 11,600 Ryan Consoi Petroleum * 21,600 Ryerson <& Haynes Inc com — 1 1,400 St Lawrence Corp Ltd * A $2 conv preferred 330 50 435,800 St Regis Paper Co...._..—5 7 % preferred 16,200 100 1 80,455 Salt Dome Oil Co 1 11,300 Samson United Corp com 60 Sanford Mills ♦ Lowest Ask Ask Bid Bid Sale Prices Sept. 30 Sept. 3 1940 Shares 180 100 1 Price YORK CURB EXCHANGE Since 430 RANGE SINCE JAN. PRICES IN SEPTEMBER SALES Share* EXCHANGE CURB YORK NEW 48 May X, Jan. 2 24 Mar. 21 Jan. 2 4 4 Jan. 23 164 Mar. 23 Mar. 15 24 24 Feb. 9 8 4 May 14 Mar. 15 74 Tune 11 Mar. 16 4 May 26 4 May 100 4 June 4 20 204 Feb. 414 May 1104 May 8 2 Tune Aug. Jan. 3 Jan. Mar. 27 4 Jan. 10 11 104 Apr. 12 6 May 19 May Jan. 1/ Jan. 15 404 Jan. 3 A or. 1 1 15 Feb. 8 Feb. 29 Phosphate 20 174 24 174 23 154 May 28 21 Oct., 1940] CURB YORK iSHEW AQQREQATE SALES PRICES IN SEPTEMBER In Since September new york curb exchange Shares 10 Par Bid 1% 445 Steel Co of Canada ord- 600 25 """500 500 500 375 200 1,100 5,600 "'"366 """"25 100 Class b % Sale ..50 20 4 5% 51 11% 12% 32 j 71 7% 12% 3% 37 X 10X 3 36 3% 39% 10% 6X 1% 2 6 X 9% 9% % 9% 10% 12% 11 34 x 33 38 34 % 129,300 Technicolor Inc 30 6 x 6 800 -* Sale 12% Sale 100 108% 110% 2 1,000 31,850 Thew Shovel Co common-.-.5 23,700 Tilo Roofing Inc 1,600 800 Tishman Realty & Oonstr 1,975 Tobacco & Allied Stocks 21.200 Tobacco Prod Exports 2h 18 X 11 * ♦ ♦ Lowest Highest Sale Prices Sale Prices 1 1% 3% % 3% % 11 Sale 11 Sale 10 10% 1% Sale 37 39% 22 23% % Sept. 50% Sept. 27 12 Sept. 25 3 Sept. 18 37% Sept. 27 . 6% Sept. 16 1 Sept: 13 2 Sept. 10 3 %s 10% 10% 9% 1% Sept. 12 Sept. 4 Sept. 18 Sept. Sept. Sept. 22% Sept. 23 1% Sept. 16 50% Sept. 27 12 Sept. 25 3% Sept. 9 37% Sept. 27 Sept.27 1% Sept. 2 Sept. 10 7 Sept.12 %6 Sept. Sept. 30 11% Sept. 23 10% Sept. 1% Sept. 3 11 23 Sept. 18 X Sale 20 11% IX 60 54 4% 10 %6 May 21 39% June 27 10% June 5 2 May 21 33 Jan. 26 6 May 18 5% Jan. 23 % Aug. 20 1% May 18 27 1 25 21 8 23 1% June 11 33% Feb. 23 21 May 28 2% %t 7% 6% May Mar. May May May 13 13% 5 6 5% Sept. 24 5% Sept. 24 3 3% Sept. 4 3x Sale 3% 3% Sept. 26% 27 26% 27 26% Sept. 25 27% Sept. (Name chan ged to Fran klin County D istilling Co.) 10 9 10% 9% Sale Sept. 28 10% Sept. 106% 108% 109% 114 108% Sept. 18 110% Sept. 19 3 Sale 2% 3 2% 2% Sept. 26 Sept. 3 19 17 17X 16% " 16% Sept. 12 18% Sept. 23 8 1 8 7 7% 7% Sept. 24 8% Sept. 5 2 IX 54 50 54 53% 4% 4% 4% 4% 4% Sept. 6 4% Sept. 16 Sale 35 common--- 800 Texas P & L 7% pref 15,300 Texon Oil & Land Co 1,400 Highest Sale Prices 1% Jan. 62 5 Feb. 20 15 Apr. 23 4% Feb. 16 38 Apr] 24 9% Mai 2 9% Apr. 8 Jan. 12 3% Feb. 19 2 4% Jan. 10 % Jan. 16 Sept.30 13% Apr. 4 15 Apr. 5 11 2 Jan. 2 40% Apr. 25 36 Jan. 13 22 37 13% 5% • 1 6% Sale 2% 3 3% %t 10% 11% 10% Sale 8% 9% IX IX 37 40 22% 24% Sale 2 7 7% n IX 1X 2h Taylor Distilling,co— 5,000 3 2 - 1% 52 2% ... 48,300 Taggart Corp com 21,100 Tampa Electric Co 1 Sale 11 Sale 35 common Ask 13 x Sale 12 Lowest Sale Prices Sept. 30 Ask Bid Bid 45 * 4,300 Swan-Pinch Oil Corp.—.—15 2,700 1,200 Ask * 4,550 Stetson (John b) Co com * 2,300 Stinnes (Hugo) Corp .—6 5,200 Stroock (s) & Co Inc * 9,800 Sulli van Machinery Co • 8,800 Sun Ray Drug Co com 1 94.199 Suuray Oil i .... 5,250 5%% conv preferred 60 8,300 Superior Oil Co of Calif 25 Superior PortI Cement a * 250 800 Sept. 3 1940 1,950 Stein (a) & Co com 11,200 Sterchi Bros Stores Inc 475 6 % 1st preferred 700 5% 2d preferred 33,550 Sterling Aluminum Prod 6,700 Sterling Brewers Inc 17,400 Sterling Inc 1 Jan. 2 stocks (Continued) 37,000 Starrett (The) Corp vtc 100 RANGE SINCE JAN. Price Jan. 1 Shares 8,900 49 EXCHANGE Sale Jan. 5 July Jan. 9 13 9% Jan. 19 2 H May 21 25% May 23 Jan. 2 36% Jan. 23 16% Feb. 8 8% May May May 12% May 7 July % Jan. 48% May 3% May 6 114 3 103 Mar. 20 Aug. 26 24% Apr. 8 15 Apr. 8 1 % Apr. 26 59 Jan. 26 5% May 8 2 Tobacco Secur Trust Co Ltd— 600 Am 300 Am ' 690 40 10 dep rets ord reg shs dep rets def reg £1 5s 8,680 Todd Shipyards Corp * 1,190 Toledo Edison 6% pref 100 530 7% preferred-a 106 800 Tonopah Belmont Dev 10c 7,500 Tonopah Mining of Nev 1 38,800 Trans-Lux Pict Screen com.-l 9X 63 14 , 64% 10% IX Sale 2X % 70 3 10% 1 % 104% 108 106 110 109 113 10% Mar. Sept. 73% 70 107% 107% Sept. 113 112% Sept. 70% - 75% Sept. 23 9 107% Sept. 26 5 112% Sept. 5 3 95 104 • 2" 56o 1,300 5,600 1,600 2,300 600 400 800 6,400 200 2",365 200 3,900 34.700 Transwestern Oil Co 29,500 Tri-Continental Corp warr 200 Trunz Pork Stores Inc 10 - Xt % 2% Tubize Chatillon Corp — Common 1 35,500 Class a 1 10,100 16,500 Tung Sol Lamp Works com.-l 80-cent div pref 8.200 —-—• 5x 29 2 6% .1 ——. 258,600 Udylite Corp 4.900 tlMen & Co series a pref... Series b pref 700 28,800 Unexcelled Mfg Co Inc..— 5,000 Union Gas of Canada _ 10 900 Union Investment Co com. 23 Union Stock Yds of Omaha- 100 —1 161,600 United Aircraft Prod 10 Sale 32% 2% Sale 4% Sale % + 2 9% 2% 4\ 10%, 4 40 6% Sale 11% 1 IX 2% %9 Sile 7% '"% Sale .. Sale 2% 2% %.. Sale. 7% 10 6 33% 2% 6% Sale 5% 1 Sept. 7 Sept-. ,5 2 Sept. 16 ,Sept. 3 4 Sept. 13 6% Sept. 3 6 Sept. 5 33% Sept. 27 2% Sept. 6 6% Sept. 5 5% Sept. Sept. 30 2 2 Sale 2! 2% 10% 4% 2% Sept.. 4 —% Sept. 30 4% Sept, 23 % Sept, 10 4% Sept. % Sept. 2% Sept. 11 10% Sept. 20! 10% Sept Sale 10 11% Sept. Sale 10% Sept. 28 10% 2% 39 10 Sept. 23 Sept, 23 3 May May %• Apr. 115 20 20 9 4 26 IX Apr. 15 7 3% Jan. 3" %t Jan, X8X Jan. 31 4% May May 1 % May 6% May 22 22 28 21 May May May Feb. May 2% May 64% Jan. 5% Jan. 10% Jan. 3 39% Feb. 21 21 3% % % 1% 7% Jan. Apr. :mApr. % May -2 May % May x8% Jan. 20 Jan. % Apr. 25 Apr. 23 Mar. 6 109 76 % Jan. 3 31 4% %8 Sept. 1% Sept. 10% &PrMay 55 3% Jan. 8 Jan. 20 11 Apr. 29 Jan. 11 5 21 8 19 22 21 18 15 Jan. 1 3% Apr. 22 6 13% Feb. 3% Feb. 29 64% Jan. 18 15% May 10 United Chemicals Inc— 900 ll",465 400 500 13,000 7,000 2,700 ■4". 165 13.400 6,300 50 Common. 10.400 $3 cum partic pref li,800 505.500 Un Cigar-Whelan Stores 36.000 United Oorp warrants.. 13 x -— 59 207,300 II* $0 1st pref. 850 United Milk Products com $3 participating preferred Ltd 1% 107% 81 Preferred -25 "Y.765 150 2.900 1st preferred with warr.. 12.290 127.600 u s Lines Inc prof 1,000 1.300 5.000 '""165 100 3,400 450 300 50 2,000 2,600 * ... '115 ill* 34 X 22 68 Sale 24% 4X 5X 725 400 300 1,300 175 900 1,600 220 400 7,100 1,700 700 * v t c - 2.450 Universal Insurance 7,909 7,900 50,900 12,500 Universal Pictures com.., Universal Products Co... Utah Idaho Sugar Co.... Utah Pr'& Lt $7 pref 600 Utility Equities common *$5.50 priority stock... 4,650 3.400 Utility & Ind Oorp com. Conv preferred 21,800 30.500 2,625 13,450 86,600 2,080 6,300 12,400 ...2 ..10 ... 1 .--8 1 "~x "'"% 83% Sale" ..... ~~4X 4% Sale 7l* """% Sale 2%* s tie 30 Sale 2 3 m 14% 4 1% 3% 17 8 * "115 _♦ 200 400 10c 1 5 7 Valspar Oorp common.. 1 $4 conv pref 5 Van Norman Mach Tool com.5 Venezuelan Petroleum 1 Virginia Pub Serv7% pref. 100 Vogt Mfg Corp * Vultee Aircraft Jnc 24,000 Waco Alrfraft Co 6,700 Wagner Baking com vtc 40 7% preferred 4,700 Waitt & Bond Inc class a Class b — 1% 240 Sept. Sept. Sept. Sept. Sept. % % 8% 59% X % May May May Jan. 6% % 87% % Jan. 21 16 18 65 Sept. Sept. 25% Sept. 21% Sept. % Sept %« Sept 29% Sept 23 Sept ■At 27% 2o 7 5 24 25 77 11 24 May 22 Jan. §8 Feb. 3 14 Jan. 4 11 July 8 Jan. Jan. 1% Jan. 1% Jan. 9 3 June Feb. 79 May % May %t Sept. 16% May 20 May 21 27 Feb. Apr. 17 Apr. 24 Mar. 30 21 70 90 75 4% 2 245% 240 5* 8* 60% 44% 6% Sile 45% 7% 4^| sme 52% 2% 26% 54^ 3% , 6 % Sept. 11 59 60% 45% 6% SUe 46% 6% 5% 6% % 54 Sale 4% Sept. S ile 2% Sile % Sept. 53% Sept. 2 Sept. 24 Sept. 31% Sept. 1% Sept. 2% Sept. % Sept. 6 55 Sept. 6 2% Sept. 6 27% Sept. 5 35 Sept. 5 2% Sept. 25 3% Sept. 27 % Sept. 1% Sept. % Sept. 10 1% Sept. 6 1% 2% 4% % 1% 9% 5% 1% 3% % 1% 57 2% 33 % Sept. 8 5 24 Sale 31% 30 2 Sale 3% 3% Sept. 61 % Sept. 9 46 Sept. 28 44% Sept. 6% Sept. 6% Sept. 20 3 5% Sept. 23 2 18 4 2% 1 Sale 17 % 9% Sale 3% 22 5 17% 24 10 21 Sale 1 1% 70% Sale 52 H 1% Sale % 43% 1% X 45% ib 18 1% lk 1 1% el* 1 1 ilH ilg 25 1% 72 26 18 10% Sale *8 I* 2X 75 78 9 10 Sale 4% Sale 8% 9 1% \ 1% 1 Sept. 24 21% 20 26 Sept. 19 Sept. 4 % 28 „ X Sale 9% 9 9% 3% 4% 8% 9% % Sept. 25 77 Sept. 28 8% Sept. 14 8 Sept. 3 4 Sept. 21 8% Sept. 11 6 Sept. 1% Sept. Sept. 23% Sept. 8 Sept. £17 Sept. 1% Sept. 77% Sept. 4 18 13 5 25 10 18 4 24 Sept. 13 Sept. 24 % Sept. 9 1% Sept. 9 47 X4. 1% Sept. 4 22 Sept. 19 27% Sept. 23 X Sept. 6 79 Sept. 6 9% Sept. 7 9% Sept. 6 Sept. 5 Sept. 20 28 22 12 21 11 3 3 39 Apr. 8 27 Apr. 2 74% Aug. 13 14% Sale 3% 4 X % Sale 13 13% 1% 1% 47 % Sept. 11 13% Sept. 9 1% Sept. 3 8 3 18 5 21 June 21 1% May 21 19% Juue 10 26 M ly 23 1 May 23 2% Feb. 2 V& Jan. 27 3 Aug. 13 % July 29 1% June 10 3% Aug. % May 2% May 15 May 4 May 14% May 13 22 20 27 24 21 1 Aug. 19 48 % May 28 1% Feb. 27 % May 29 38 June 5 X Aug. 9 1% May 21 3 5 12% 1% 1% Feb. 19 7% Apr. 3 83% Jan. 2 46 Sept. 28 7% July 29 7X 8 Feb. 20 Apr. 1 X Feb. 10 71 6 28% 35% 2% 5% X 6 Mar. 21 Mar. 19 Apr. Apr. Apr. May Jan. Jan. 17 17 15 11 11 " 3 % Apr. 11 2% May 3 6 Sept. 18 2 Mar. 21 6% Mar. 25 24 13 Mar. 1 Mar. 25 23% Apr. 8 2 May 10 77% Sept. 24 1% 1 % 55% Xt 2% Feb. Jan. April Jan. Apr. 27 24 10 11 3 21 18 28 18 22 23 12 1% Mar. 27 29 /Apr. 4 30 Apr. 9 1% Jan. 3 84 May 4 May 15 May 21 Apr. 17 June 28 July 5 July 25 May 28 Aug. 10 6% Apr. 6 10 Apr. 4 75 Aug. 2 5% May 7 1% Apr. 29 1% Feb. 24 15% May 13 % May 16 July 21 May % May 63 May 7 May 6% July 3% % % Sept. 11 13% Sept. 9 1% Sept. 4 5% Feb. 23 29 16 243% Feb. 20 3% May 22 3 May 23 % May 21 74 75 3% % 13% 3% 1% X Sept. 13 Sept. 18 X Sept. 9 1% Sept. 9 44 50 1 % 77% 8% 3% lln 1% % 1 % 47% *A 1% 26 76 * 6 Sept. 1 % Sept. 3% Sept. 21 % Sept. 7 Sept. 6% 9 Sept. 17% 19% £'17 1% 1% 1% Sept. 69 Sept. 75% Sale 1% 3% Sale 22 23 % 1 20 20 8 * 9% 5% 7 4 27% Sale 1% 75 4% Sile Sale 4% Jan. May % Jan. 7% Apr. 54 May 39% Tune 3% May 239 245 % % 2% 27% 34% Sile 3% 15% 5% 100 1 13.800 Walker Mining —5 3,300 Wayne Knitting Mills 14,500 Wellington Oil Co common...1 For footnote* see page 53. It* 85 2% Universal Cooler class a., 3.500 1,000 25 .50c Class b 1,000 92,600 Universal Oorp 84* % Sept, 12 % Sept 14 6 8 Sept 5 IX Sept 112 Sept 28 3 %« Sept, * $7 conv 1st pref 13,400 United Stores Corp com. 134,100 United Wall Paper.. Universal Consol Oil Co.. """700 85% S ile 78 100 Utah Radio Products com....1 200 ' 7% 1% Sale S ile s ile 57.700 u s Plywood Co common. [III -20 $1.50 conv pref ... 22.550 ...1 33.200 u s Radiator common * 33,700 u s Rubber Reclaiming... .50c 1,200 u s Stores Corp com 190 S ile Sept. % 6% 1 X 110% 112 107% %» %t 7* % Sile 28,300 United Specialties common. —1 155.400 u s Foil class b 2,000 u s .Graphite Co common. 16,000 u s & luternat Sec com--. 5,500 1.300 10.900 S ile S ile I. 5,800 7$ 6 11% Sept. 24 65 Sale % — 14,400 United Profit Sharing com. 25c 10 100 <10% preferred -25 57.835 United Shoe Mach com 4.630 55 _ Am dep rets tor ord reg.. 100 120 United njrr4 Canal. 260 11 65 % Sale common class b.------- 1,400 1,100 12% 55 X _ 55.200 United Molasses Co "5" 475 10% 1.400 United Elastic Corp 361.300 United Gas common $7 1st non-voting pref... 44,700 Warrants 30.700 100 490 United g <fc e 7% pref * 147,900 United Lt & Power com a.. 92 2.800 14 61 Sale 10c 12 Mar. 30 9% Sept. 4 Jan. 6 22 NEW 50 AGGREGATE NEW YORK September Jan. 2 Jan. 1 , l,200i 50 180 Par STOCKS (Concluded) 26,800 Wentworth Mfg Co 1.25 98,300 Western Air Express Corp 1 500 Western Grocery com 20 Western Maryland Ry— 1,070 7 % 1st preferred -.100 Bid 154 4 54 Ask 154 5 Bid IX 4 54 3M Lowest Sept. 30 Sept. 3 1940 Shares Ask Bid Ask 1M Sale 454 454 354 4 1M 454 4M 70 7,200 50 4,300 300 """700 25 20 1,500 2,100 1,100 2,053 * Common 225 Westmoreland Lnc West TexasUtil itier Co— 1,070 $6 preferred— ♦ 34,600 W VaCoal& Coke com * 2,500 Weyenberg Shoe Mfg Co 1 26,960 Wichita River Oil Corp 10 9,900 Williams (R C) & Co * 5,600 Williams Oil-O-Matic Htg___* 16,766 Wilson Jones Co com — 2,225 Willson Products lnc 1 280 Wisconsin P & L 7% pref.,100 11,900 Wolverine Port Cement 10 25,606 Wolverine Tube Co com «_2 17 15 1554 16 10 11M 12 10 7,266 Woodley Petroleum Corp 1 ZH V* 654 7 554 Sale 6M 7M 154 154 7 54 8 11 1154 454 6M Sale" 5 Sale 654 7,200 5s Am dep rets ord shs 9,100 163,306 Wright-Hargreaves Ltd ♦ 1154 1254 6M Sale 10 Sept. 21 Sept. 21 554 4M 651 Sale 6M 454 10 6 12 25 24 12 Sept. Sept. Sept. Sept. Sept. Sept. Sept.18 454 Sept. 3 6M Sept. 25 5M Sept. 5 10254 Sept. 11 105 Sept. 4 105 Sept.23 10754 Sept. 12 10554 Sept. 20 103 54 Sept. 26 1M 354 554 3 54 54 554 754 98 3M 4M 454 6 1 1754 May 1 1154 May 13 1054 Sept.13 May 26 9M May 17 Sept. 21 10 92 3 16 5954 Jan. May 18 Jan. 754 Apr 654 Apr. 14 10 24 19 23 5 6 2 1 May 18 3M May 21 4 Sept. 23 31 654 11M 108M 554 654 4M 88 554 6 6 101M Sept. 2M Sept. 654 Sept. 754 Sept. 454 Sept. 101 102 54 10054 10154 100M Sept. 154 Sept. 2M Sale 2M 154 654 Sept. 654 6M TVs 654 6M Sept. 7M 654 654 4 Sept. 4 354 4M 154 654 Sept. 654 6M 654 1154 Sept. 12 10 1154 1054 11154 11254 10754 Sept. 108 454 Sept. Sale O 4M "~454 554 Sept. 654 Sale 5 5Vs 454 Sept. 454 454 454 4M 4 54 7 15 Sept. 24 11M Sept. 9 10M Sept. 13 1454 Sept. 12 1254 1254 10 Highest Sale Prices Sept. 27 57 4 13 Wool worth (F W) Ltd— 200 Sept. 55 M 1054 9 54 15 20 10 875 Westmoreland Coal Co 4 55 Prices 154 Sept. 454 Sept. 454 Sept. 154 Sept. 6 Sept.13 Sept.23 4 52 59 Lowest Sale Prices Highest Sale Sale Prices 52 Western Tablet & Stationery— 400 350 175 1 Price CURB EXCHANGE Since 4,500 RANGE SINCE JAN. PRICES IN SEPTEMBER SALES In Shares EXCHANGE CURB YORK 102 Feb. 8 254 Jan. 19 May May May Jan. July May May May May May May Sept. Feb. |8 15 Sept. 23 Mar. 14 Jan. 26 954 Mar. 23 8 1154 Jan. 112 Apr. 4 554 Sept. 25 4 754 Jan. 554 Jan. 22 6 July 12 354 June 27 Feb. 28 654 Jan. 5 12 h BONDS— 111,000 8,000 39,000 21,000 23.000 18,000 379,000 •4,000 100,000 8.000 ' 68" 656 102 M Sale 104 105 104 105 M 107 H Sale 107M 107 ..2016 Deb 6s_. 373,000 Appalachian El Pow 4548-1948 883,000 1st mtge 4s 1963 140,000 Appalachian Power 6s_ ...2024 1,600 6s A registered 1,116,600 Arkansas Pr & Lt 5s 104 M Sale 107 M Sale 111 111M 126 129 Sale Sale 192,000 PAssoc Gas & 3,241,000 *5s deb 64,000 2,000 16,000 8,000 3,000 103M 10354 Sale 106 105M 105 105 10554 Sale 107M 108 M 108 105 H 106 M 107 4,600 2,699,000 11,000 302,000 2,352,000 668,000 173,000 236,000 58,000 47,000 105M Sept. 5 106 Sept. 10 108 Sept. 11 106M Sept. 11 102 54 102 54 Sale Sale ^ 105 X 105M 10554 Sale 108M 10854 107 54 Sale 125 M 129 125 128 102M Sept. 3 10454 Sept. 23 10454 Sept. 20 10554 Sept. 11 107 Sept. 26 108 54 Sept. 5 Sept. 25 125M Sept.17 127 98 X May 29 10454 July 103 June 24 10554 Jan. 17 19 May 28 10654 July 17 Feb. 28 105 May 15 109 104 M Feb. 27 10754 Jan. 15 99 104 108 M July 90 X May 25 10554 Jan. 6 Feb. May 13 108 May 14 11154 Jan. 16 103 M 106 X 121 25 M Sale Elec 4Ms.. 1948 -.1968 28 M Sale 5s registered 1968 *4Ms series C 1949. 26 M Sale 454s registered 1949 Sale 45Ms conv deb 1977 34 ♦Conv deb 5s 1950 2854 Sale 72 M Sale Assoc Tel & Tel 5Ms A—1955 Atlanta Gas Light 4M8...1955 106M 109 Atlantic City Elec 354s—1964 10654 Sale 94 M 95 M Avery (B F) Sons 5s w W..1947 91H 92 % 5s ex-warr 1947 5 341,000 1998 1,989,000 Birmingham Elec 454s 1968 1 275,000 Birmingham Gas 5s 1959 167,000 Broad River Power 5s A..1954 1,000 287",000 136,000 2,000 73,000 44,000 42,000 99,000 174,000 99,000 176,000 7,000 14,000 56,000 .106 49 M 105 M Sale Sale 49 16 Sale 14 M 15 16 1554 15 15 Sale Sale Sale 15 M Sale Sale 14 M Sale 1554 Sale 15 Sale 1554 Sale 68 Sale 6654 Sale 106 10654 10634 106 10754 109 108M Sale 100 M 104 100M 102 97 100M 96M 100 1,040 1,997 1,871 1,467 142", 000 634,000 210,000 222,000 2,000 1948 ,000 Cent States Elec 5s.. 000 —.1954 5Ms ,000 Cent States Pr & Lt 5 MS--1953 ,000 } AChic Rys 5s ctfs of dep..1927 144 ,000 Cincinnati Street Ry 5548.1952 5s series B .1955 82 ,000 433,000 116M 117M 11554 Sale 116M 117 16M Sept. 3 16M Sept. 5 14 Sept. 14 16M Sept. 5 14M Sept. 15 54 Sept. 1454 Sept. 66 54 Sept. 16M Sept. 70 M Sept. 106 Sept. 101 Sept. Sept. Sept.. 100 Sept. 108 10954 Sept. 103 Sopt. 100 Sept. Jan. 3 9 127 Feb. 9 Mar. 29 May 22 108 8 May 24 6254 Jan. 38 U 15 Sept.19 14M Sept. 28 14 Sept.14 1454 Sept. 30 106 10 129 Feb. 10251 105M Sept. 16 10654 Sept. 51 Sept. 48M Sept. 11 3 5 7 12 6 7 7 141 Sale 113 105 117 Sale 117 54 104M Sale 105 150 151 Sept. 24 11154 Sept. 12 119 Sale 10554 10654 104M Sept. 3 107 54 Sept. 6 Sept. 7 10454 Sept. 3 108 106 151 Sept. 5 Sept. 5 151 151M 153 Sale 101 6s registered 1953 1,074, 000 Canada Nor Power 5s 564, 000 Canadian Pacific Ry 6s—1942 1957 476, 000 Central Power 5s ser D 1966 Cities Service 5s.. 5s registered 1,039,555 11,806",000 28~i",666 1950 AConvertible 68 2,798,000 Bell Tel of Canada 5s B—1957 857,000 5s series O 1960 433,000 Bethlehem Steel 6s— 1998 97 54 'Sale 94 M Sale 100 M Sale 99; Sale 78 J 81 9954 Sale 3854 Sale 38 74 M Sale Sale 46M Sale 84 86 88 93 77 79 9954 102 Sale 32 7654 43 M 81 83 92 M 95 May 21 13054 May 10 10 1654 10M 10 53 104 M 103 M 95 M 80 M June 11 3 89 54 June 138 June 10 Jan. 29 139 88 1950 6s regis tered .....—H 95 0 2,000 5s 1958 2,384,000 5s registered 1958 6,000 5s 1969 1,037,000 4,862,000 Cities Service P & L SMs-1952 5 Ms gold deb 1949 2,169,000 1957 2,042,000 Community Pow & Lt 5s.. 1951 15.000 Conn Ltg & Pow 7s A___. Consol Gas of Bait 454s__. 1954 62,000 139 Jan. 7 29 70 Sale 33 88 M 75 54 Sale Sale 43 8354 86 8854 86 M Sept. 7554 Sept. 43 Sept. 85 Sept. 86 Sept. 34 M Sale 87 54 82 82 54 81 84 Sept. 23 88 Sale M! Sale Sale 77 54 102 M 34 M 32 7854 45 86 Sept. 16 Sale 8054 Sale 7854 Sept. 9 8254 Sept 24 75 Sale 78 Sale 79 54 Sale 78 Sept!" 3 81M Sept. 23 "79"" Sale" 80 Sale 78 Sept. 13 8654 Sale 8654 Sale 89 Sale 86 Sept. 4 89 Sale 8654 Sept. 3 81M Sept. 23 91M Sept. 25 9154 Sopt. 23 9754 Sale 96 54 Sept. 125M Sept. 9654 24 May June 80 79 140 9 Jan. 152 65 Sept. 6 Sept. 23 Sept. 4 Sept. 6 Sept. 6 Sept. 6 Sept. 5 Sept. 11 Sept. 27 Sale Sale 9254 Sale Jan. 117 95 99 7654 132 116 Sept.13 May 24 101 June 10 10254 Aug. 27 June 51103 54 July 31- Sale Sept. 77 74M Sept. 74 Sale 10154 102M 10154 Sept. 32 54 Sept. 33 Sale 33 M 84 3 3 2854 Jan. May 4 1654 Apr. May 2 2654 Jan. May 1654 Apr. 13 Apr. 4 3454 Jan. May 2 2SH Jan. May Feb. 8 May 10854 Aug. 21 May Apr. 12 May 14 110 3 105 Apr. 8 Jan. Sept. 7 Jan. 15 100 10 90 80 8354 Sale 7554 Sale 3254 Jan. June 10 Sept. 13 Sept. 3 101 101M Sept. 13 102M Sept. 5 101M Sale Sept. 4 103 Sept. 4 103 103M 103 102M 103 102 30 11 89 63 10054 Jan. 10 8354 Jan. 25 10354 Aug. June 9554 2554 2554 6454 May Sale 130 125 130 127 126M 129 M 125 127 10754 10754 109M 110M 107 108M 108 54 Sale 10954 10954 10954 111 ..... 98 Sept. 11 125M Sept. 9 130 Jan. 41 37 May May May May 77 June 9354 Mar. 23 4154 Jan. 83 Apr. 50 Aug. 9554 Mar. 14 7854 June Jan. 31 84 Sept. 23 21 15 30 13 31 23 23 8254 7554 8154 7654 8154 9254 9254 Sept. 24 July 27 Sept. 23 Aug. 13 Sept. 23 Jan. 4 Jan. 4 —....1966 Conv deb 5s 3 June Baldwin Locomotive Works— 313,000 202,000 63,000 13,000 Aug. 13 10554 Sept. 26 Sept.12 11 109 July 8 18 110 107 X July 127 2024 19ob 1953 3,648,000 Associated Elec 454s 3,000 133,000 1,000 137,000 119,000 10454 105 M 107M 106M American Power & Light— 300,000 is",666 103 105 54 Sept. 26 104M 105M 105 M 105 H 104M Sept. 13 109 Sept. 12 10854 109M 10854 10854 10854 Sept. 14 109 MHO M 10854 109M 108 54- Sept. 25 109M Sept. 4 1950 1960 1970 Sf deb 254s S f deb3Hs_ Sfdeb354s^—, 4,126,000 .... 1956 1968 1946 1951 American Gas & Electric— 77,000 73,000 68,000 51,000 25,000 1967 1,554,000 Alabama Power 4548 123,000 1st & ref 5s 430,000 1st & ref 5s 278,000 1st 5s 440,000 1st & ref 6s 6554 May 6954 Mar. 66 Jan. 6854 Mar. 66 Jan. 7654 May 7554 May 9854 July 29 81 May 21 12554 Sept. 9 13554 May 11 7 12454 May 21 12954 Aug. Consol G E L & P Bait— 16,000 19,000 185.000 594,000 19,000 54,000 16,000 674,000 3l",000 821,000 15,000 39,000 32,000 1,000 11,000 465,000 237,000 1969 3s series P 1971 3 Ms series N Consol Gas Utilities— 6s A stamped 1,503,000 Continental G & El 5s 5,898,000 ... 1943 1958 92 1944 60 1955 1,372,000 Cudahy Packing Co 354s.. 96 Delaware Elec Pow 5 Ms. .1959 106 143,000 223,000 5,616,000 5,000 596,000 4,970,000 171,000 156,000 462,000 Cuban Tobacco 5s Eastern Gas & Fuel 4s A..1956 4s A registered 859,000 16,000 87,000 106M Sale 9554 9154 47 9654 Sale Sale 94 Sale 94 9654 Sept. 17 75 92 M 51 47 M Sale 52 48 93 M Sept. 24 51 Sept. 5 45 May 28 May 28 June 24 98 Sale 98M Sept. 26 93 Feb. 26 9 10654 Sept. IS 104 Sale 106 54 Sale Sale 8554 106M 108 82 105 Sale Sept. 28 91M Sept. 3 Sept. 16 96X Sept. 5 106 54 Sept. 82 Sept. 3 86 Sept. 23 :—1956 11054 Sale 8054 Sale Elmira Wat Lt & RR 5s._1956 119 El Paso Elec 6s A 1950 Empire Dist Elec 5s 1952 10454 i05M 103 M 104 11054 11154 84 Sale 12054 123 104M 105 10354 104 11154 110 54 Sept. 84 Sopt. Sale 122 125 Sopt.16 103 Sale 10254 Sopt. 24 10354 104 54 103M Sept.10 111 8554 123 111M Sept. 25 87 Sept. 23 123 105 104 Sept.25 Sept. 9 Sept. 12 80 70. 110 1953 .1967 Federal Water Serv 5M8..1954 Finland Residential Mtge 6s stamped 53. 1961 40 4354 109 99 20M - 10754 108 Sale 23 M 99 M 100M 34M 3954 108 47M Sept. 28 47M Sept. 28 109 54 107M Sept. 10 108 Sept. 5 101 102 46 35 M ..... 48 100 Sept. 5 102M Sept. 24 37M Sept.19 38 Sept. 16 June Aug. 23 May 8 6154 May 9954 May Jan. 8 8 20 Sept.23 8154 Aug. 30 112 Jan. 4 87 Sept.23 123 Sept.25 106 Apr. 5 10554 Jan. 25 May May 10654 June 89 94 86 10254 Sept. 10154 May 23 97 May 22 107 7454 May 8154 Aug. 108 May Ercole Marelli Elec Mfg— For footnotes see page 6154 Sale Edison Elec lilum 3548... 1965 Elec Pow & Lt 5s 2030 6 Ms 63,000 Erie Lighting 5s 96,000 41,000 7754 Sale Sale Jan. 30 10454 June 10 109 May 28 11154 Apr. 29 10854 Sept. 24 108 54 Sept. 30 Sept. 5 109M Sept. 12 110 4754 Aug. 12 9 3 10954 Jan. 10 May 22 10254 Sept. 24 2254 Jan. 3 57 Apr. 6 Oct., 1940] CURB YORK NEW 51 EXCHANGE AGGREGATE PRICES IN SEPTEMBER SALES Since September Jan. 1 CURB RANGE SINCE JAN. 1 Price NEW YORK In Jan. 2 EXCHANGE Sept. 3 1940 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Sept. 30 - $ BONDS (Continued) 1,367,000 Florida Power Co 4s c.„_.1966 3,206,000 Florida Power Sc Lt 5s.. 1954 1,000 5s registered -.1954 52,000 312,000 Ask Bid 104 98 }* Bid Ask Bid Ask 1033* 1035* 104 5* 103 3* 1033* Sale Sale Sale Sale Sale 1033* Sept. 5 105 1 Sept. 20 1035* Sept.27 1045* Sept.23 983* Jan. 2 105 May 27 105 100 103 Jan. 4 103 Sept. 20 Apr. 4 Jan. 4 Gary Electric & Gas— 48,000 60,000 9,000 85,000 2,000 66,000 5s ext stamped 473,000 —1944 709,000 Gatineau Power 3 3*s a 1969 99,000 Gen Pub Serv Co 5s -.1953 1,337,000 Gen Pub Utilities 63*« a 1956 9,000 iGen Rayon Ltd 6s a 1948 850,000 Gen Wat wks a el 5s a-.1943 100}* Sale "983* Sale 98}* Sale 76 74 1003* 101 763* Sale 983* 100 993* Sale 65 Sale Sale 1063* Sale 75 Sale 1003* Sale 66}* Sale 106}* 963* 1003* Sale 1003* Sept. 13 1013* 773* 783* 763* Sept. 3| 803* 5 100 99 993* 100 Sept 99 Sale 985* Sept. 9 993* 60 72 673* Sept. 18 673* 100 3* Sale 1003* Sept. 3 1003* Sept. 26 6 Sept. Sept. j.2 Sept. 26 Sept. 18 Sept. 6 973* May .24 102 Apr. 10 3 56 June 873* Feb. 24 June 26 102 Feb. 28 94 83 70 89 5 May 21 1003* Jan. Jan. 24 May 18 75 May 22 101 Apr. 4 1 240,000 38,000 1,000 289,000 8,000 4,000 4,000 1,000 2,299,000 384,000 1,000 1,927,000 242,000 166,000 28.000 230,000 62,000 56,000 14,000 350,000 41",600 1967 Georgia Power ref 5s Georgia Pow & Lt 6« iGesruerel 6s Glen Alden Coal 4s 1978 1953 1965 ... Gobel (Adolf) deb 43*s---1941 Grand Trunk West Ry 4s 1950 Great North Pow 5sstpd. -1950 Green Mountain Pow 3 3*s_l963 106 }* 70 13 Sale 75}* Sale 81 78 ] 107 j 1103* 73 73 70 17 71 Sale Sale 763* Sale 18 90 90 603* 613* 713* 75 1075* 109 107}* 110 104 105 1025* Sale 57 535* 543* 58 10,000 7,000 603* 62 47 50 34 1948 40 43 30 Sale 29 15 50 12 17 50 36,000 64,000 5,000 264,000 334,000 IntPow Sec 6}*s series c—1955 385,000 *7s series e 1957 515,000 *7s series f 1952 2,916,000 Interstate Power 5s —1957 1,040,000 Debenture 6s 1952 299,000 Iowa-Nebraska l & p 5s_-1957 96,000 5s series b 1961 153,000 Iowa Pow & Lt 4kb a 1958 335,000 Isarco Hydro-Electric 7s._1952 1,069,000,Italian Superpower 6s 1963 35,000 Idaho Power Co 3 3*s.1967 Illinois Pow & Light 5}*s. .1957 - -. 30 103x 104 104}* 111 Sale 29 Sept. 30 70 Jan. 31 l\H Aug. 17 78 May 21 109 993* May 21 1055* 52 June 12 633* 31 Sept. 24 53 57 106 Apr. 22 Mar. 18 Aug. 17 Feb. 24 68 68 108}* Sale 97 98}* 105 105 Sale 5s series c__ .1956 Indiana Hydro-Elec 5s a. .1958 .1950 103 Sale Indiana Service 5s 1st lien & ref 5s .1963 Alndianapolls Gas 5s a— .1952 118,000 Kansas Gas & Electric 6s-.2022 71}* 70 62 41}* 30 1093* 1105* 1095* 111 6 30 33* 25 Sale 67 .1953 20 303* Sept. 19 23 June 14 Apr. 25 4 Apr. 423* Jan. 5 Mar. 15 153* Feb. 7 16 May l4 1033* Jan. 8 Mar. 5 1003* May 22 105 1063* May 14 1113* Apr. 19 100 50 66}* 65}* 104 38,000 Kansas Electric Pow 3}*s-1966 7,000 14 ' .1954 5 }*s series b 6s series a 488,000 Jacksonville Gas 5s stpd--1942 1,000 5s stamped reg 1942 1,000 102 5* Sept. 55 Sept. 103 % May 24 107* Mar. 28 Mar. 10 59 May 27 18 Sept. 25 18 Sept. 25 653* June 11 Sept. 27 20 5s series a 334,000 1,060,000 932,000 1,484;000 2,342,000 250,000 1,041,000 1,348,000 953,000 106,000 31 3 1043* Sept. 18 56 4 Sept. 17 Sept. 24 31 Sept. 24 Sale 39 2,000 93,000 61,000 111,000 188,000 14,000 122;000 167,000 296,000 89,000 15,000 3,000 7,000 13,000 1053* Sept. 19 106 5* Sept. 3 693* Sept. 19 73 Sept.30 18 18 Sept. 25 Sept.25 723* Sept. 11 76 5* Sept. 27 81 Sept. 3 Sept. 14 88 66 Sept.10 70 Sept. 13 33 Grocery Store Prod 6s 1945 Guantanamo & w Ry 6s-.1958 Guardian Investors Corp— iHamburg Elec Co 7s 1935 5,000 iHamburg E & Und Ry 53*s'38 75,000 Houst Gulf Gas 6^a x w__1943 6s. 1943 383,000 193,000 Houston Lt & Pr 33*s 1966 AHungarian-Ital Bk 7 3*8--1963 233",660 Hygrade Food 6s ser a 1949 6s series b 1949 56,000 "if,600 Sale 71 70 71 Sale 693* 71 Sept. 27 1103* Sept. 27 68 71 Sept.30 693* Sept. 24 Sept. 9 673* Sept. 13 1093* 1083* Sale Sale 100 973* Sale 108 1083* Sept. 25 1083* Sept.25 97 Sept. 9jlq0 Sept.30 105 5* Sept. 411063* Sept. 20 106 54 Sale 107 Sept. 17 1075* Sept.12 Sale 104 5* Sept. 1055* Sept,11 100}*- 1013* 993* Sept. 1003* Sept. 27 Sale 74 73 Sept. 743* Sept. 73 3* Sept. 713* Sale 703* Sept. Sale 97 92 99 Sept. Sept. 1055* 1063* 1063* 1075* 1073* Sale 1045* Sale 1053* Sale^ Sale 993* 72 73 Sale 71 Sale 64 92 Sale 43}* 215* 23 Sale Sale - 20 49 Sale 26 283* 26 5* 44 o4(?h Sale 233* 613* 383* 28 Sale 243* 65}* 48}* Sale 105 % Sale 105}* 1063* 110 Sale 62 Sale 283* Sale Sale 20 27 253* 613* 373* Sale 104 104 106 106 1043* 107 1083* 110 48 45}* 105 383* 1063* 1053* 1073* 106 5* 107 37 106 5* 36 3* 39 365* Sale 104 38 41 373* 373* Sale 35 5* 36 3a 455* 46j* 463* Sale 463* Sale 23 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 283* 28 64 403* 1053* 1043* 107 39 393* 463* Sept. 6 463* Sept. 26 Sept. 20 Sept. 9 Sept. 9 Sept. 7 Sept. 6 Sept.30 Sept. 4 Sept. 5 Sept. 9 Sept. 9 473* Sept. 6 463* Sept. 26 105 3* 106}* 104}* 110 106 110 125}* 127 122 127 125 130 123 Sept. 9 1243* Sept. 17 105}* 106}* 15 40 1031* 104 3* 1073* Sale 107 Sale 1083* 1103* 107 Sept. 3 1083* Sept. 20 1043* 1043* 1043* 105 1063* 1073* 1063* Sale 64 July 5 81 66 June 22 79 1053* June 87 May 985* May 101 May 963* May Apr. Apr. 10 8 4 1093* Feb. 15 23 1013* May 8 11 26 II 27 7 6 6 22 107 24 107 3* 22 1053* §3 June 57 56 May 22 May 24 60 June 19}* July 6 6 17 1003* 743* 11* 99 433* Jan. July 18 203* July 15 47}* 513* May 24 29 May 24 103 May 28 1065* 21 l\H June 13 106 7 109 106 3* June 52 29 June 13 303* May 28 42 103 39 May 23 463* Sept. 26 Apr. Apr. Sept. Sept. Sept. May Sept. Jan. 15 2 . Jan. \4 Apr. 15 Jan. 3 12 Jan. Mar. 11 Jan. 5 Apr. 25 Mar. 1 533* Mar. 11 363* Sept. 26 102 3* May 22 1073* Mar. 26 117 May 21 127}* Apr. 20 Lake Superior 33~.000 Dist Power— 33* % series a 1966 136,000 ALeonard Tietz Inc 73*s_-1946 338",666 Long Island Ltg 6s 194a 32,000 782,000 Louisiana Pow & Lt 5s 15,000 1957 AMansfield Mining & Smelt— 7s ex-warrants 1941 1,000 1948 60,000 McCord Rad & Mfg 6s 17 66 17 25 203* 70 60 40 17 20 66 603* 1043* Sept. 16 104 5* Sept. 11 1063* Sept. 5 1073* Sept. 7 188,000 187,000 240,000 141,000 274,000 50,000 64,000 13,000 32,000 83,000 11,000 52,000 747,000 776,000 336,000 810,000 1,064,000 216,000 655,000 8,000 26,000 606.000 646,000 681,000 76,000 73,000 265,000 .115,000 1,316,000 62,000 16,000 3.000 16,000 12,000 220,000 13,000 175,000 31,000 171,000 176,000 149,000 1,000 57,000 73,000 1,898,000 494,000 1,615,000 2,037,000 2,149,000 85,000 Debenture 43*s Mongol Co 43*s— 1952 1947 Met Edison 4s series e 1971 1965 4s series g Middle Sts Petrol 63*s a-.1945 Midland Valley rr 5s 1943 Milwaukee g l 4 }*s Minn Pow & lt43*s 1967| 1003* 1978 1023* 1955 106 Mississippi Power 5s Miss Power & Light 5s 1955 1957 103 673* 103}* Miss River Power 5s 110 Sale 96 Sale Nassau & Suffolk Ltg 5s —1945 Nat Pow & Lt 68 a 2026 993* Sale Sale Dob 58 series b 2030 tanat Pub Serv 5s o o d.1978 Nebraska Power 6s 43*s-_ Neisner Bros 2022 1981 Realty 6s—1948 Nevada Calif Elec 5s.—-1956 26 121 124}* 1083* 1085* 1053* 107 3* 795* Sale 1948 683* 673* Sale 1948 1950 68 Sale Elec Assn 5s 1947 Conv deb 5s_ New Engl Pow Assn Deb 5 4s 5s 1948 ---1954 New Eng Pow Co 3 v*s a.-1961 New Orleans Pnbllc Serv— 178,000 585,000 374,000 269,000 422,000 18,000 31,000 89,000 11,000 4,000 297,000 806,000 1,092,000 301,000 172,000 see J4* 1075* New Amsterdam Gas 5s 38,000 51,000 6,000 44,000 52,000 For footnotes 107 New Eng g & 5s 17", 660 2~4~, 660 Sale 1951 Missouri Pub Serv 5s a—1960 Nippon Elec Pow 6}*s 1953 Nor Amer l & p 53*s a— -1956 North Boston Ltg Prop 33*s 47 Nor Cont Util 53*s a 1948 Nor'west Pub Serv 5s a—1957 Ogden Gas Co 5s— 1945 Ohio Power 3 3*8 Ohio Public Service 4s 1962 1968 o da Nat Gas 33*s b 1955 Oila Pow & Water 5s a—1948 page 53. 121 Sale Sale 983* Sale 100 3* Sale 1073* 1083* 1023* 1023* Sale J9^ 81 105 Sale Sale 100 993* 100 1003* 101 94 95 95 943* 96 106}* 108 1073* 108 1075* 107 1073* 108 5* 1103* 1073* 97 573* 1043* 102 5* 1053* 1045* 1043* 1093* 923* Sale 1st & ref 5s - . Sale Sale Sale 5s stamped 1942 180,000 A6s series a —1949 507,000 270,000 aN y Pa & o rr 4 3*sstpd 1950 1980 713,000 n y State e & g 43*8 4 3*s registered 1980 1,000 3 5*s 1964 267.000 50,000 n y & Westchester Ltg 5s-'54 4s 2004 125,000 5,000 21,000 16,000 58,000 98 1003* 863* 903* 107 3* 1093* ho 3* 108 1003* Sale 673* Sale 1 55 105 583* 63 Sale 104}* 103 107 1053* Sale Sale 109 1093* 933* Sale 933* 1043* 102 5* 1063* 106 Sale 1104 3* 1043* 104 5* 103 Sale 1103* 1105* 110 107 106 703* Sale 753* 1183* 1193* 120 Sale 65 653* 63 66 643* Sale 64 655* 965* Sale 98 j* Sale 100 1075* 109 1085* 48 Salo Sale 1073* Sale 103 1033* 109 Sale 121 107 96 191 Sept.12 Sept.11 Sale 104 5* Sept. 3 103 3* Sept.16 107 Sept.24 104 5* Sept. 3 I 105 Sept. 4 1093* Sept. 27 943* Sept. 25 1013* 101 1013* 101 103 3* 1043* 1023* 102}£ 104 94 3* 97 96 98 98 1033* 103}* 1043* 103 5* Sale .-- Sale 103 Sept. 10 101 Sept. 17 103 3* 973* Sept. IS 104 Sept.11 23 6 5 7 24 10 21 Sept. 10 Sept. 25 Sept. 21 Sept. 6 1083* Sept. 10 1093* Srpt.26 114 1053* Sept. Sept. Sept. Sept. Sept. Sept. 1103* 1113* 1103* Sept. 1083* 1095* 1085* Sept. 108 3* 108}* 1083* Sept. 107 5* Sept. 107 5* Sale 104 103 1045* 102 Sept. Aug3 713* Apr. 2^ 5 106 98 June 95 101 102 62 May 9 103 5* Mar. 1 107 May 9 104 5* Mar. 15 105 July 11 1103* Feb. 20 98 Jan. 4 11 1013* July May 22 112 5* Apr. May 24 107 5* Apr. June June 17 110 May 21 115 83 Mar. 29 Mar. 29 May May May 51 May 883* May 93 May 105 May 25 122 3* Jan. 24 23 28 22 31 28 1003* May 97 May 103 3* July 103 3* Jan. 51 52 81 102}* Jan. Mar. Jan. 104 104 3* May 49 Sept. 1095* Sept. 1093* Sept. 12 1083* Sept. 26 103 Sept. 26 W 6 11 3 6 June 0 28 Sept. 27 120 May 22 1283* May 4 3 111}* May 14 108 5* Jan. 109 102 111 5!104}* 983* May 22 1023* May 24 96 May 22 97 May 23 1083* Apr 11 86 June 8 7 Sept. 9(109}* Jan. June 18(lll May 10 915* June 10 100}* Jan. 10 70 Jan. 4 513* June 11 30 573* Sept. 16 10 102}* Sept. 3 20 1043* Sept. 18 42 23 Sept. 9 30 1053* Sept. 5 11 27 25 30 26 19 May 22 1013* Apr. 20' May 29 96 Augr. 10' 1115* June Sale 49 49 563* 57 102}* Sale 1023* 102}* 1015* 1043* 104 1043* 1053* 104 38 395* Sale 403* Sale 105H31106 1053*, 1053*6 Sale rll03* Sale 1083* 1093* 108}* s(]tle 1083* 108 j* 1203* Sept. 68 5* Sept. 683* Sept. 685* Sept. 983* Sept. 100 Sept. 1085* Sept. 96 Sept. 98% Sept. 1085* Sept. 16 11 106 3 1073* Sept. 23 763* Sept. 24 Sept. Sept. 65 99 81 1043* July 7|1105* Sept. 653* Sept. 645* Sept. 101 1113* 109 Sept. Sept. 66 5* Sale Sale Jan. 1083* Sept. 20 983* Sept. 27 633* Sept. 26 70 5* Sept. Sale 110 Jan. 1033* May 21 108 108 5* Sept. 17 1033* Sept. 23 1023* Sept. 24 106 Sept. 21 104 Sept. 18 1045* Sept. 21 109 Sept. 14 923* Sept. 9 105 1043* 1053* 1063* 65 1103* 113 1083* Sale 109 Sale 62 1105* 113 102}* 104 Sale 1041 46 98 100 Sept. Sept. Sept. Sept. 98 Sept. 583* Sept. 993* 1013* 1005* 1013* 100 Sept. 11 1005* Sept.10 1113* Sept. 6 112 3* Sept.13 1113* 1133* 1115* Sale Sale 107 106 J* Sept. 1073* Sale 107 5* Sept.26 30 28 253* Sale 263* 253* Sept. Sept. 27 Sale 125 126 132 126 126 Sept. Sept. 25 107 1123* 1043* 98 103 3* May 23 106 19 Aug. 1 583* June 17 ... Memphis Cornm'l Appeal— 6,000 19,000 7,000 12,000 4,000 50,000 1043* May 22 1083* Sept. 20 40 May 1 9 Sept. 21 1053* Jan. 104 Jan. 10 4 1093* Sept. 26 114}* Mar. 28 1063* May 1 101 Sept.30 65 Mar. May 22 1033* Aug. May 22 106 Jan. June 4 493* Jan. May 27 1063* Feb. 10 20 1073* 1033* 103 3* 1043* 1003* May 23 1113* Jan, May 24 1093* May May 28 1093* Mar. May 28 109 Apr. May 29 105 Feb. 26 9 15 10 13 94 104 35 12 14 12 NEW 52 YORK Jan. 2 EXCHANGE Jan. 1 1940 $ $ BONDS 354,000 54,000 2,960,000 56,000 2,164,000 117,000 33,000 1.000 187,000 2,000 105,000 4,000 Park Lexington Bldg Penn Cent Lt & Pow 5s 1942 .1955 3s—1964 4348.1977 1979 372,000 Penn Electric 4s series F..1971 521,000 5s series H 1962 1950 256,000 Penn-Ohio Edison 6s 402,000 534s series B 1959 1947 126,000 Penn Pub Serv 6s G 5s series D 1954 52,000 12.000 51,000 15,000 27,000 5,000 2.000 1,258,000 Peoples Gas Lt & Coke 4s series D 1,602,000 804,000 Phila Elec Power 534s 454,000 Phila Rapid Transit 6s 95,000 124,000 30,000 30,000 Piedmont 991,000 35,000 254,000 17,000 1,250,000 137,000 81,000 "5", 000 11,000 32,000 36,000 4,000 ~~9~,6o6 10,000 56,000 179,000 37,000 5,000 461,000 131,000 271,000 B—1941 Pacific Ltg & Pow 5s Pacific Power & Light 5s. ' 31,000 4sB_'81 1961 1972 9434 3934 10334 10534 10434 Sale 10734 10734 10934 Sale 10434 10734 10634 10754 10634 10654 105 10754 109 10834 107 107 1962 10934 Sale 10634 110 112 107 93 54 106 Pittsburgh Steel 6s 1948 100 1234 APomerania Elec Co 6s—1953 8354 ♦Portland Gas & Coke 5s. 1940 246,000 Queens Boro G & E 534s—1952 30 Sale m 10554 105 10734 Sale 10734 10634 10734 10634 107 Sale Sale 107 111 49 54 30 47 110 47 70 Sale 14 74 Sale 8534 9634 Sale- 133 1,000 22.000 45,000 18,000 29,000 239,000 3cripps(E W) Co 534s 1943 1951 523,000 Scullin Steel Co 3s 956,000 Shawinigan W & P 434s..-1967 692.000 434s series D 1970 35 *20 35 88— 11 ..... 64 65 Sale 68 71 95 83 Sale 9554 Sale 8234 2734 10154 , Sale 102 Sale 34s-.May 1 I960. 10934 1 I960) 10954 Sale Sale 106 J 7454 79 Sept. 30 Sept. 19 Sept. 7 10754 Sept. 24 Sept.10 10834 Sept. 25 106 107 9034 > 20 2634 13 104! July July 24 10754 Sept. 24 25 10834 Sept. 25 1053 May 28 158 10434 May 28 108 86 May 21 10034 83 May 21 100 81 May 24 97 80 Sept. 25 1334 Sept. 13 18 91 21 -Sept. 3 Jan. Sept. 23 6 - June 128 2034 Sept. 5 1334 Sept. 13 87 61 26 3 25 28 17 Sept. Sept. Sept. Sept. Sept. 29 Sale 85 28 29 28 Sept.23 28 Sept. 23 10134 Sept. 10 103 Sept. 20 71 Sale 6734 Sept. 12, 71 Sept. 5 Sept. 25 Sept. 3 88 8734 8834 83 8434 Sept. 4 8634 Sept. 18 8634 Sale rl03 Sale Sale 90 102 11054 10554 10534 Sept. Sept. Sept. Sept. Sept. — 6 99 Jan.r 5 6 1334 Sept. 13 21 15 Sept. 25 Jan. 17 June July 12 Mar. 1 17 23 Jan. 24 31 10034 June 11 104 57 May 15 7254 64 June 3 9834 64 May 31 97 54 104 Sale 46 Sale 105 Sale 4634 10154 Sale Sale 106 108 47 49 48 51 72 71 Sale 71 Sale 7054 Sale 7154 Sale Sale Sale Sale 71 Sale 72 Sale 7134 2354 Sale Sale 7034 Sale 7034 Sale 2234 2334 7154 7234 10234 Sale 10554 107 45 41 45 29 Sale 4154 43 40 41 43 33 Sqle 95 34 Jan 87 102 27 10654 Sept. 10554 Sept. 27 110 34 Jan. 10554 Sept. 21 110 >4 Jan. 10754 Aug. 1 10754 Aug. 21,10654 Sept. Sept. 30105 46 Sept. 27- 47 10154 Sept. 12 10334 10554 Sept. 13 106 49 Sept. 5, 50 104 6954 6934 6954 6934 6954 6934 2134 May 24 708,000 1,455,000 694,000 54,000 874,000 1,577,000 5,000 23,000 12,000 12.000 544.000 Hydro-Electric Co— a634s series a 1953 1960 Texas Power & Lt 5s L1956 6s 2022 Tide Water Power 5s A—1979 Texas Elec Service 5s Twin City Rap Tr 534s A.1952 4454 10454 10754 Sale Sale Sale 10554 10634 Sale Sale 115 Sale 116 119 Sale 10234 10254 6234 Sale 9554 6154 Sale 285a 10534 10654 11934 975a 60 t^TTlen & Company—■ 39.006 82.000 9,000 319,000 17,000 13,000 23,000 53,000 77,000 27,000 30,000 6s 4th stamped. 147,000 United Elec of N J 4s 451,000 United Elec Service 7s 23,000 AUnited Indus634» 43,000 637,000 1.532.000 261,000 3,370,000 375,000 323,000 322,000 422,000 a 1st 6s United Lt & Pow 634s Deb 6s 35.000 53,000 8,000 10,000 834 1949 4434 9 1173-4 1956 1941 1915 1974 1975 19 16 85 8334 116 Sale 30 30 87 Sale 1959 107 Sale United Lt & Rys(Del) 5 34s 1952 United Lt & Rys (Me) 6s A1952 93 Sale 118 Sale 5<4s Deb 6s series A .1973 Utah Power & Light 4348.1944 6s series A. 2022 80 8034 99 Sale 99 Sale 903,000 Virginia Pub Ser 534s A—1946 6s 1946 10234 Sale 100 1950 10054 Sale Sale 379,000 549,000 5s series B Waldorf Astoria 52,000 1950 6 4 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 13 12 13 13 14 13 16 7234 7254 7234 7234 7254 7234 2354 4134 Sept. 5' 47 46 Sept. 11 32 Sept. 28 35 46 Sept. 3 Sept. 4 Sept. 24 Sept. 12 96 34 June 104 37 90 105 Sept. 21 40 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 3 103 13",066 457,000 Wisconsin P & L 4s A 14,000 22,000 192,000 t AYork Rys Co 5s ♦5s stamped 328,000 2934 26 2234 26 8 Sale 27 25 13 Sale 285a Sept.30' 3134 106 10534 Sept. 7 106 10654 10634 Sept. 6 1065a Sale 119 Sept.20 11934 Sale 9534 Sept. 5 9754 61 60 Sept. 25 6234 Jan. 19 4934 Jan. 19 Jan. 19 48 Jan. 19 48 Jan. 19 49 Jan. 19 1434 May 21 654 Sept. Sept. Sept. 23 Sept. 116 Sept. 9 Sept. 3 Sept. 18 Sept.30 Sept.30 Sept. 7 23 734 Sept. 5 16 11734 Sept. 30 24| 2834 Sept. 16 10j 29 Sept. 25 1434 "30" Sale 88 8954 Sale Sept. 21' 8954 Sale 8534 Sale 8434 Sept. 17| 8754 86 109 107 10734 10834 10734 Sept. 4 10734 Sale 92 9254 Sale 9234 Sept. 41 95 118 11834 11734 Sept. 5,11754 11734 119 85 8254 Sale 8234 Sept. 16 85 83 10034 Sept. 6 101 9954 10034 10054 101 98 9934 10034 9734 Sept. 10,10034 9734 10354 Sale 10334 Sept. 10334 Sale 102 34 Sale 10034 Sept. 10034, Sale 10334 10334 10334 10434 10334 Sept. 1966 --1937 1947 1034 Sale 10754 109 454 108 434 Sale 434 10934 10854 112 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 11 6 4 24 26 6 10 24 7 104 Sept. 28 3 10234 Sept.23 5 104 Sept. 21 10734 10834 10854 109 5234 Sale 10634 107 11554 119 104 54 Sale 10554 Sale 97 97 Sale 98 5034 5234 107 34 108 11334 Sale 102 106 10654 107 9634 9734 97 98 434 Sept. 23 Sept. 434 Sept. 4 4 10834 Sept. 6 51 5654 Sale Sept. 4 5654 Sept. 30 10734 10834 10734 Sept. 18 10754 Sept. 19 1135a 118 11334 Sept. 4 11354 Sept. 18 102 107 10634 10654 10654 Sept. 9734 9834 9834 9934 97 Sept. 975a Sept. 4 107 5 5 98 6 1 74 34 May 74 54 Apr. 7434 74 34 74 34 7434 24 34 Apr. Apr. Apr. Apr. Feb. 3 29 29 29 29 29 5 27 June 13 47 Sept.13 46 Sept. 11 June 10 46 38 Sept. 11 Aug, 26 2134 June 12 46 Jan. 18 3 101 54 May 23 10654 July 18 10434 May 14 10854 Jan. 19 109 June 5 11934 Apr. 26 8834 May 24 10334 Jan. Apr. 56 May 22 69 5 16 1234 Mar. 11 4 11854 May 634 July 114 June 24 June 45 5i .lan. 16 May 29 Sept.25 June 7434 May 73 Sept. 12 Sept. 12 9954 Sept. 27 May 78 May 110 June 72 34 May 89 9534 July 101 85 5 1934 Feb. 28 91 Apr. 26 8934 Apr. 26 Apr. 8 110 May 8 95 Feb. 7 119 10454 July 10154 May Apr. 27 Sept. 10 Jan. 15 Sept. 28 9934 May 21 104 94 May 31 10234 Sept. 23 Sept. 21 95 May 21 104 4 107 108 9 <> 16 30 27 3 May 14 10534 Mar. 28 53 Mar. 12 May 24 6 May 21 105 34 Jan. 5 May 22 10854 Feb. 60 Apr. 6 May 21 48 Sept. 13 Sept. 11 Sept. 5 May May 22 11334 Sept. 13 49 Corp— a5s Income deb 1954 829,000 1951 67,000 Wash Ry & Elec 4s_ Washington Water Power— 1st mtge 334s 1964 51,000 Western Newspaper Union— Conv deb 6s 1944 438,000 2030 211,000 West Penn Elec 5s West Penn Traction 5s 1960 90,000 1941 48,000 Wheeling Elec Co 5s For footnotes see page 53, 654 734 11654 11734 27 Mar. 12 9 Jan. 30 Mar. 14 Jan. 19 Jan. 22 May Sept. 4 Sept. 16 Terni 38,000 85.000 52,000 2,000 122,000 126,000 Mar. 1 Jan. 12 Sept. 25 Jan.-ll Jan. 11 30 11334 Sept. 13 23 92 3 103 1960 of California 4 34s 1968 10534 10554 395,000 51 52 467.000 Southern Indiana Ry 4s 1951 .2022 103 10434 467,000 Southwestern P & L 6s 133,000 S'western Pub Serv 6s A. .1945 107 34 Sale 50 4934 327,000 Spalding lAQ»r^& Bros 5s..1989 Standard Gas & Electric— 6734 Sale 6s stamped 1948 260.000 3,271,000 6s conv stamped ; 1948 67 34 Sale 136.000 2,501,000 6734 Sale 6s 1951 277,000, 3,943.000 66 34 Sale 6s gold debs 1957 3,728,000 248,000, 6734 Sale 6s ....1966 133,000: 3,286,000 1957 6634 Sale 261.000 3,686,000 Stand Power & Lt 6s Sale 19 1950 627,000 AStarrett Corp 5s 79.0001 Stinnes (Hugo) Corp— 28 32 7s 2d stamped 4s 1940 188,000 24,000 Certifs of deposit__-.1940 1.000 1,000 2434 25 7s 2d stamped 4s 1946 125,000 22.000 5334 Apr. 29 9134 Jan. 10 16 June 25 Aug. 14 Southern Counties Gas 86,000 14,000 77,000 9,000 21.000 17 10934 May 10 5 110 54 Jan. 9 June June 45 14 Sept. 4 7634 Sept. 24 112 54 3 '4s series T1 ..July 354 B registered 99 107; 48 47 8834 92 94 10254 10334 11054 Sale Sale 10654 10654 1055-4 Sale 10554 10634 10654 Sale 90 19571 9934 .2025 11234 Southeast P & L 6s Sou Calif Ed 3 35 23 Sale 9534 June 13 4834 Mar. 8 May 29 10654 Apr. 11 Aug. 12 May 18 103 21 Sept. 27 13 June 17 Mar. 1 7834 May 22 94 75 June 3 90 Apr. 16 24 3034 Sept. 10 14 14 11 91 Feb. 16 May 29 9854 Sept. 28 95 June 3 10054 Sept. 25 Feb. 1 11034 Mar. 20 115 92 May 22 10354 Sept. 11 61 137 213 1033 1947 May May May 11 Feb. 3 Apr. 21 July 18 9 Jan. 105 54 June 28 10934 Jan. 3 Sept. 12 10754 Sept.' 10634 10734 10734 10834 107 June 11 13634 Sept. 26 13534 1335a Sept. 5 13634 Sept. 26, 127 13354 10934 110 1937 Sheridan Wyo Coal 6s Sou Carolina Power 5s 90 10854 10934 10834 10834 10834 91 Sept. 4 10334 Sept. 26 Sept. 27 Sept. 30 21 9334 Sept. 5 Sept. 10 8554 Sept. 25 Sept. 4 Sept.14 154 15434 15534 151 10634 Sept. 3 10634 10634 108 99 Sept. 3 10034 10034 Sale Sept.16 9854 98 9854 96 9654 9434 Sept. 11 9554 Sale 1334 1951 6s 62,000 ASchulte Real Estate 6s 105 1434 15334 Sale 10634 Sale 9934 Sale 9754 Sale 9454 Sale Sale 9234 106 10834 Sept. 19 10834 Sept. 12 112 Sale 107 Sale 10534 106 10734 10734 10834 Sale 98 Sept, Sept, 106 May 10454 May 10434 May 10154 June 100 Sept. 9 Sept. 11 Sept. 6 Sept. 5 Sept. 26 Sept.30 103 103 104 1834 Sale 9334 9134 8334 Sale 71 1334 15134 155 107 10834 9854 Sale Sept. Sept Sept 2634 Sept. 30 Sale 107 10854 112 45 5154 88 10554 10754 10734 10754 10734 10734 Sept. Sale Prices Sale Prices Prices 6 Sept. 11 10634 Sept. 25 11034 Jan. Jan. 22 Sept. 4 10734 Sept. 4 112 86 June 10 9754 Jan. 11 Sept.21 2 39 Sept. 24 4334 Jan. Sept. 5 6 9634 June 11 10454 Apr. Sept. 19 101 June 6 10734 Mar. 23 Sept. 28 9734 Sept. 12 9834 Sept; 28 9854 Sale Sale 99 Sept.13 10054 Sept. 25 10034 Sale Sale 11234 Sept. 5 11234 Sept. 24 11234 11254 Sale 10334 10254 10334 10234 Sept. 14 10354 Sept. 11 10834 111 10934 111 Sale 110 633,000 Safe Harbor Water Pr 4 34» 1979 39,000 San Joaquin L & P 6s B—1952 I ASaxon Public Works— 30,000 ARuhr Gas Co 6 34s 7,000 ARuhr Housing 634s A 168,000 660,000 2,245,000 1,270,000 553,000 10,000 10534 107 3^2 10654 10634 10734 29 2634 32 10434 10634 105 103 10334 10334 1834 13 21 9234 92 9334 82 8334 8554 Sale 10854 4,000 15,000 31,000 148,000 114,000 40,000 10234 1950 5s stamped. 328,000 Potomac Edison 5sser E..1956 91,000 434s series F 1961 51,000 Potrero Sugar 7s stamped .1947 238,000 Power Corp of Can 434 s B.1959 1954 11,000 ^Prussian Electric 6s Public Service of Colorado— S f deb 4s 1949 110,000 1st mtge 3 34 s 361,000 1964 Public Service Co of N J—■ 431,000 6% perpetual certificates 139,000 Pub Serv of Okla 4s-.---.1966 4,105,000 Puget Sound P & L 534S--1949 5s series C —1950 1,136,000 2,602,000 434s series D_ 1950 7,000| 112 1960 4334 46 1949 10434 10434 _ 17 14 26,00d 9754 9934 ~ 9534 Sale 9734 98 11334 11434 9434 9534 1953 ---1958 3,000 5,000 109 10734 Sale 10634 10734 Ask Bid Highest Lowest Highest Sale 4334 Sale 10234 Sale 10334 10434 Bid Ask Hydro-Electric Co— 634s series A. Pittsburgh Coal 6s j Lowest Sept. 30 Sept. 3 Ask Sale Prices Sale Sale 10634 10634 10634 Sept.25 10654 108 11034 10734 Sept. 4 10734 108 9554 Sale 9434 Sept. 3! 97 Sale 39 40 39 Sept.24l 3934 40 104 Sale 10334 Sept. 12 10434 104 Sale 105 Sept. 30 106 10734 105 Bid (Concluded) Pacific Gas & Elec 6s 1 Price NEW YORK CURB Since September RANGE SINCE JAN. PRICES IN SEPTEMBER SALES In EXCHANGE CURB aqqreqate 1054 Jan. 3 May 21 May 16 10934 Apr. 26 10734 Aug. 26 10934 July 15 6054 Feb. Feb. 10434 May 31 108 May 10734 June 10 117 Jan. 103 May 27 105 23 10234 May 28 10734 July 9 43 June 7 90 June 19 94 June 6 29 13 23 Apr. 23 9954 Sept. 27 98 NEW YORK CURB EXCHANGE OCT., 1940] AGGREGATE SALES In PRICES IN SEPTEMBER NEW YORK CURB EXCHANGE Since September 53 RANGE SINCE JAN. 1 Price Jan. 1 Jan. 2 Sept. 3 1940 Ask Bid Sept. 30 Ask Bid Bid Ask Lowest Lowest Highest Sale Prices Sale Prices Highest Sale Prices Sale prices FOREIGN GOVERNMENT AND MUNICIPAL 5.000 17,000 8,000 27,000 29,000 Agricul Mtge Bk Rep of Col— A20-year 7s_> Apr 1946 420-year 7s Jan 15 1947 31,000 iBaden (Germany) 7s 1951 iCauca Valley (Dept of) Rep of Colombia extl s r 7s 1948 65,000 26** 26** 35 30 19 27 20 23 X 19 22 20 24 12 30 11 20 12 13 ** 16 12 ** 12 ** 515* 35 35 70 42 50 19 8% 11 20** Sept. 16 8*4 Sept. 14 20 Sept. 27 Feb. 15 28** Feb. 13 20** Sept. 16 Aug. 13 29 29 20 Sept. 27 7 15 Jan. 20 12** Sept. 16 8*4 Sale 205* Sept. 16 12 Jan. 7 54 June 8** Sept. 24 20 iCent Bk of German State & 10,000 1,000 8,000 5,000 2~9~666 8,000 18,000 1,000 4,000 "sf, 006 4,000 1,000 1,000 15,000 5,000 3,000 n No Sold 38,000 8,000 47,000 112,000 62,000 AHanover (City) Ger 7s 1939 (Prov) 6Hs 1949 (City), Peru, 6**s__1958 AHanover ALi na AMaranhao value under the rule, t Reported in receivership. Abbreviations Used Above: "cod" certificates of deposit, "cons" consolidated. "conv" convertible. 12 20 15 20 30 24** 30 20 23 30 22 30 22 Sept. 16 Sept. 27 Sept. 9 Sept. 9 Sept. 3 14** 24 7** ..... 15 Sale 18 Sale 13 12 14 16 Sale 15 12 19 12 20 11 17** 7*4 7H 10*4 14** 6*4 11** 26 ** 26** 14*s 42 ** 9 6** 6*4 9*4 10** 16** 3 Sept. 17 20 13 18 28 20 28 18 35 20 11 15 11 15 40 23 40 Sale 13 16 »/& 20 16 4 7 7 54 May 18 7** May 16 20 9 Sept. 10 22** 13 6** X 7** % X 15 % 11** 15 6** Sale % ** 11* 15% Mar. 20 Sept. 20 20** Sept. 28 Sept. 27 6** Sept. 5 11 Apr. 24 12 Jan. 11 5** May 31 June 12 75* June 6 8 11** Sept. 4 33 Sept. 25 13 Sept. 3 6** Sept. 9 % Sept. 26 11** Sept. 4 33 Sept. 25 13 Sept. 3 7 Sept. 24 5* Sept. 26 11 11 Sept. 25 "m "mortgage? non-voting. Sept. 25 Southwest at 105 ** Public 20 Sept. 20 26 Sept. 20 "cum" cumulative. "n-v" 23 854 Sept. 20 20 29 12*4 Aug. 16 18 May 9 20 May 21 20 Abbreviations Used Above: "vtc" 23 28 1854 53 10** Feb. Sept. 27 Sept. 27 20 Sept. 27 Sept. 27 6*4 Sept. 5 20 7 12** 28 35 7*4 8 *4 Sale 13 X 8 54 14 Sept. 16 Sept. 27 Sept. 9 Sept. 20 6 13 Sale 9 15 25 Sale 13 8 11** 95* par 17 20 12 145* Deferred delivery sale. ~"T~SbTd~f6r~casif; s Ex-dividend. A Bonds being traded flat. 12 10 5 1254 1958 a I J"State) 7s M AMedellin (Colombia) 7s..1951 Mortgage Bank of Bogota— a7s issue of May 1927 9,000 1947 a7s issue of Oct 1927 1947 10,000 14,000 AMtge Bank of Chile 6s 1931 99,000 Mtge Bank of Denmark 5s 1972 151,000 AParana (Stateof),Brazil 7s '58 206,000 a Rio de Janeiro 6**s 1959 183,000 a Russian Govt 6**s 1919 3,000 a6**s registered 1919 157,000 a5**s 1921 52,000 ASantiago (Chile) 7s 1949 1,000 • Pro v Banks 6s B 26,000 1951 22,000 a6s A 1952 68,000 Danish Cons Munic 5**s__1955 5s. 1953 28,000 ADanzig P & Wat'way Bond— Aexternal s f 6**s 13,000 1952 117,000 AGerman Cons Munic 7s_.1947 a 6s 1947 71,000 Feb. 24 11 June 13 16 Apr. 19 13 9** Jan. June 5 11 *4 Jan. 2 Vs Feb- 16 *4 Jan. 6 11 Sept. 25 Service 6s A 15** May 7 27 20 Sept. 52 Jan. 49 Mar. 13 Jan. 8 30 Sept. 27 17** July 1 20** Sept. 28 20 Sept. 27 10** Apr. 8 13 *4 Mar. 25 15 Jan. 24 26** Apr. 3 26** Mar. 20 14** 46** 16** 1054 5* 5* 54 17*4 1945, Mar. 13 Mar. 13 Mar. 20 Mar. 11 July 1 Feb. 16 Feb. 1 Mar. 28 Sept. 26 • n Under the rule sales, in which no account is taken in computing range, are given below: voting trust certificates "w i" when issued "w w" with warrants. "x-w" without warrants. a Deferred delivery sales, in which no account ie taken in cornpuring range, are eiven as follows: Stinnes Sept. r (Hugo) Corp. 16 at 49**. Cash sales, in 7s which 2d no stamped account computing range, are g'iven below: No sales. 4s 1940, is taken in Chicago Stock Exchange MONTHLY AND YEARLY RECORD CHICAGO STOCK EXCHANGE RANGE OF PRICES ON September Jan. 1 to Sept. 30 Shares_ September,«... Jan. 1 to Sept. 30 1,265,000 6,237,000 429,000 4,901,000 PRICES IN CHICAGO SALES BONDS STOCKS Shares """360 100 200 600 600 650 1,300 ~"l",557 190 3,062 9,425 350 3,350 """600 50 90 4,665 7,000 240 50 100 950 350 2,600 2,846 4,100 100 922 6,773 ' 20 150 400 1,450 10 500 3,400 740 865 450 " 1,670 350 500 3,550 40 790 670 550 100 9,950 1,700 150 200 30 10 200 3,061 7,500 300 250 24,950 """150 3,561 12,638 Abbott Laboratories com 170 4%% cum conv pref * 69 144 47 250 420 395 10 3,346 350 450 150 350 i» 934 19% 40* \VA 10% 20% Sale 94 96 10 30 38% 5% 2% 1 * 50 50 _ _ioo 25 2,450 Cudahy Back Co 7% cum pf 100 9,200 Cunningham Drug Stores..2% 660 Curtis Lighting Inc common234 4,650 Dayton Rubber Mfg common.1 Cum class A pref Decker (Alf) & Cohn— Common 35 10 Preferred 60 II100 190 Deep Rock Oil Corp conv pref. * ■" 6,566 Deere & Co common For footnotesjseejpage 56. % 2% 5 15 9% 17% 9% 5 31% 10 17 % 9% 18% 10% 5% Sale 10% 4 Sale 23 Sale 2554 21% 17% 4% 10% Sale Sale 18% 454 11% 13 2% 7% 20% Sale Sale 21 7H Common part shs v t c B * 1,480 8,693 Container Corp of Am com. .20 * 2,259 Continental Steel common. 822 1134 1534 1134 Sale Sale 13 20% 34% Sale Sale 21 5954 Sept. 4 46% Sept. 10 Sept. 4 Sept. 234 Sept. 1034 Sept. 1134 Sept. 1134 Sept. 4834 Sept. 7 35 32% Sale 12% 14% 2% 3% 7% Sale 3% 4% 2 1% it* Sale 30 107 23 34 61 "24"" 1834 1854 3% 19% 2 18H 23% 1% Sale Sale 92 54 Sale 162 34 4 34 Sale 11 154 3234 4 Sale 12 Sale 2% 23 34 Sale 4 Sept. 27 Sept. 23 334 Sept. 6 Sept. 9 1134 Sept. 27 1534 Sept. 26 11 3254 Sept. 4 35 Sept. 6 15% 9% 15% 9% 4% 5 31% Sale 8 % Sale 4% 5% 16% 18 17% Sale 22 15 9% 12 234 Sale 7% 8% 12% 18% 2% 3% 5 Sale 19 Sale o 14% Sale 16 17 78 Sale % Sale 5% Sale % Sale 110 105 ...._ 40 8% 1834 Sale 11 10 Sale 16134 434 1154 134 4 Sept. 434 34 34 Sept. Sale 454 Sept. 12 254 Sale 254 Sept. 5% 6% 16 18 10 11 Sept. 5 1554 Sept. 10 Sept. 16 Sept. 10 Sept. 5 Sept. 2934 Sept. 8 Sept. 534 Sept. 1554 Sept. 6 40 June 6 Apr. 15 5034 May 24 Jan. 9 18 2% 4 34 1834 , 14 54 20 8234 84 7734 Sept. 5y* « Sale 1 454 34 Sale 34 6 Sale 554 34 Sale 34 105 10754 10534 Sale Sale 47 9 37 8 2034 21 1034 12 34 Sale 1834 11 34 6834 34 Sale 634 2 33 v 10834 115 65 72 9 10 Sale 79 554 Sale 3 Sale 3734 33 34 Sale 1354 234 634 Sale Sale Sale 1634 34 Sept. Sept. 54 Sept. 108 Sept. 49 Sept. 9 Sept. 2154 Sept. 11 Sept. 6 1 Sept. 2934 Sept. 7034 Sept. 34 Sept. 3 27 18 5 26 24 6 18 3 24 19 11 134 534 Sale Sept. Sept. 3 4 954 Sept. 8034 Sept. 6 5 110 10934 Sept. 70 Sept. 934 Sept. 7434 Sept. 70 654 Sept. 5 Sept. 5 Sept. 18 3134 Sept. 6 554 Sept. 234 Sept. Sept. 3054 Sept. 3 35 34 14 4 2 ■54 Sale Sale 25 J 134 1834 Sale 234 Sept. 654 Sept. Sept. 25 22 Sa^le Sept. 23 Sept. 24 Sept. 26 Sept. 5 Sept. 106 1# 234 3 9 354 54 34 1434 234 Sept. 34 Sept. Sale 54 Sept. Sale 1354 Sept. 22 3^ Sept. 106 Sept. Sale 1754 Sept. Sale 63 Sept. 17 1534 Sept. 2 134 Sept. 1134 1054 Sept. 32 2434 Sept. « 30 2 534 Sept. 4 34 32 18 3 7 34 3034 1434 2354 10034 102 2134 2034 Sale" 6534 1534 1534 Sale" 2 134 13410 1034 934 iy» 84% Sept. 24 "234 Sale 234 31 234 34 54 1454 2334 "34 4 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 25 30 19 19 11 23 Sept. 7 2134 6534 1634 134 1134 2434 134 Sept. 5 2 1634 Sept. 3 22 5 9 30 Sale Sept. 30 Jan. 6 3 Feb. 15 2 Apr. Apr. 20 3 Jan. 8 May 1034 May 14 34 May 834 Feb. 71 May 1834 3% 9 Sept. 26 9 Jan. 734 1834 1134 1834 434 May 20 15 54 May 22 8 54 May 29 1534 Sept. 23 Sept. 30 234 Sale 8 24 16 1734 Sept. 2734 76 Sept. 19 20 2 12 27 Sept. 13 73 934 10 1334 Sept. 1734 Sept. 10 17 30 70 634 Sept. 17 1554 Sept. 13 'S 234 Sept. 16 734 Sept. 4 15 Sept. 24 234 Sept. 4 4 34 Sept. 3 1854 Sept. 30 Sale Sale 5 5% 18% 19% 1834 Sale 1754 18 3154 834 69 834 Sept. 27 Sept. 5 Sept. 3 Sept. 5 i!8 1234 734 334 2434 29 64 9 13 19 14 9 4 34 34 434 234 9 ll°5H Apr. 8 Apr. 15 July 10 1654 Sept. 24 1054 Sept. 25 6 Sept. 4 3234 Sept. 24 834 Sept. 3 534 Sept. 24 1934 Sept. 26 1934 Sept. 23 17 54 Sept. 26 10 Sept. 13 234 Sept. 3 834 Sept. 24 15 Sept. 24 3 Sept. 4 534 Sept. 6 1954 Sept. 23 16% Sale Sale 5 69 Sale 3 434 Sept. 2 345 May 23 51H 73_ May 24 454 234 May 21 4 234 May 22 14 May 21 9 2034 1034 Aug. May 15 1534 May 24 21 22 34 May 22 4134 1834 May 10 2034 73 May 25 100 146 May 28 17554 4 May 21 lv* 17 7 1054 June 2 134 54 Jan. June 14 30 4534 334 May 21 2H May 23 34 Sept. 27 34 Apr. 18 4 854 Aug. 16 434 254 May 20 Sale 16% 10% 2834 % 234 5 454 65 % 109% 5 34 Sept. 27 134 34 2734 % 9334 Sept. 26 16734 Sept. 6 554 Sept. 5 12 Sept. 5 154 Sept. 3 Sept. Sept. Sept. Sept. Sept. 90 36 4 % Sale Sale 6% 15% 9% 16% 10% 31 73 10 23 3334 Sale 3% 654 Sale 2,110 3 34 Sale 36 33 3% Sale 50 ily> 3 11 12 11 3% 3 common Sale 4 "88% "95" 5% 4% Preferred 5634 Sept*. 11 17 4% 23 % pref part shares 11% 12% 18% 32% Sale^ 1,520 Coleman Lamp & Stove com..* 25 423,825 Com'wealth Edison com 18.300 Compressed Indus Gases cap.5 Com part shs v t c A 10 1% 10 33,220 Cities Service Co common 14,100 Club Alum Utensil Co com...* 14,237 Crane Co 58% 4654 Sale 11 934 4% 2% Sale 5 10 4 16254 4% ... 480 57% 1 1 5,800 Consolidated Biscuit com 40,525 Consolidated Oil Corp. 8% 171X Sale 5% Sale 15 % Sale 14% 15% 20 21% 2,030 Cent C<Md Storage Co com..2b 11%, 14 82 % Sale 17,510 Central ill Pub Serv pref. * Central 111 Secur Corp— Common 1 10,450 % Convertible preferred * 9,400 6% 116,200 Cent & S W U til com (new) 50c % Sale Prior lien preferred. * 113 34 Sale 3,760 Preferred Sale 70 6,830 3 8,660 Central States Pr & Lt pref..* 4% * 2,895 Chain Belt Co common... 20% Sale Sale 13 5 4,450 Cherry Burrell Corp com ...1 147,150 Chicago Corp common 1% Sale Convertible preferred Sale * 36 14,130 Sale 72 6,400 Chicago Flexible Shaft com..5 6,363 Chicago & N W Ry com...100 % Sale 100 368 Chicago Ry pt ctt's "1" 254 % 110 370 Chicago Towel Co conv pref..* 108 Common capital 990 * 70 71% 5,947 Chicago Yellow Cab capital-_* 8% Sale 5 25,544 Chrysler Corp common 90% Sale c June 110% May 22 131 122% 122X 144 954 Campbell Wyant & Cannon Foundry capital * 6,486 2,977 Castle & Co (A M) common.10 V t Sale 58 "4 Ym "48" Sale 22% 2% ll,650|Burd Piston Ring common 43,027 Butler Bros common 34,821 5% cum conv pref 49 3% * 1,500 Backstay Welt Co common * 450 Barber Co (W H) common 1 4,625 Barlow & Seelig Mfg A com..5 9,250 Bastian-Blessing Co common.* 6,800 Belden Mfg Co common 10 12,550 Belmont Radio Corp * 50,696 Bendix Aviation Corp com___5 35,610 Berghoff Brewing Corp 1 4,300 Binks Mfg Co capital 1 16,642 Bliss & Laughhn Inc com 5 53,889 Borg-Warner Corp common..5 2,910 Brach & Sons (E J) capital * 2,650 Brown Fence & Wire cl A pfd_ * 5,500 Common 1 13,950 Bruce Co (E L) common.. 5 600 Bunte Bros common 10 250 1,142 934 3% 5 2,700 Automatic Washer common. .3 3 52,675 Aviation Corp (Del) 74,220 Aviation & Transport cap 1 500 123 Highest Sale Prices Sale Prices Sale 344 Auburn Auto Co common 930 Automatic Products com 2,500 \~122% Sale lOu common. 25 1,890 Adams (J D) Mfg common * * 4,359 Adams Oil & Gas Co com 15,170 Advanced Alum Castings 5 10,650 Aetna Ball Bearing common 1 22,850 Allied Laboratories common--* 2,750 Allied Products Corp Com..10 niajcQ A 9^ 3,100 6,550 Allis-Chalmers" Mfg Col 1111. * 250 Altorfer Bros conv pref * 5,694 American Pub Serv pref 100 36,523 Amer Tel & Tel Co capital..100 5 118,546 Armour & Co common 18,700 Aro Equipment Co com..: 1 51,900 Asbestos Mfg Co common 1 * 3,050 Associates Invest Co com 6,500 Athey Truss Wheel capital-.4 10 Highest Sale Prices par 3,303 Acme Steel Co 50 Lowest Lowest 40 12854 12854 Consumers Co— • Ask Bid $ Ask Ask Bid Btd Sale Prices Sept. 30 Sept. 3 1940 10,000 Chicago By 1st M 5s ctfs__1927 622,000 Commonwealth Ed 354s__1958 699 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. SEPTEMBER Price STOCK EXCHANGE Since September $20,000 1,138,000 $632,000 AQQREOATE In 1939 1940 Bond Sales 1939 1940 Stock Sales 8 3 54 1334 13 34 14 34 May May May May Sept. May May May June 24 21 22 28 27 16 22 23 7 June 14 9 234 May 15 534 June 1 11 June 24 16 4 34 May 21 1734 June 10 2 34 July 21 22 14 24 12 6 31 Jan. 4 Feb. 8 Apr. 1 Apr. 15 Apr. 10 Sept. Feb. 534 Feb. 1134 Feb. 19 Apr. 454 Mar. 734 Jan. 2354 Apr. 4 9 7 7 3 3 1 9 7 5 5 8 3 3 1934 Apr. 20 Jan. 10 1154 Jan. 11 8834 May 9 20 3 17 Jan. 2 13 11 Jan. 2 134 May 21 Feb. Apr. 54 Jan. 54 Jan. 116 Apr. 7534 May 1134 Mar. 84 June June 734 May 5334 May 91 2 23 22 21 22 15 22 May 54 May 54 May May 1854 May 99 54 July 1334 June 51 May 12 May 134 Mar. 9 May 2434 Sept 10 21 23 Aug. 10 734 May 9 13 54 May 22 1 54 May Mar. 11 Jan. 9 Sept.24 2154 Sept. 6 % June 34 Jan. 93 May 2 Apr. 24 May 9 Apr. 17 20 13 2 34 May May 2534 May 10 1 May 1 May 554 May Mar. 12 Aug. Jan. Jan. Apr. 37 30 11 554 2354 2534 2234 34 May 25 54 June Feb 8 Jan. 1154 Mar. June 4 3 Jan. 3634 Apr. 77 1534 May 64 Sept. 26 Apr. 15 Jan. Jan. 37 Sept 4 34 May 55 15 Feb. 21 Feb. 0 834 Apr. 54 Jan. 12034 Feb. 34 Jan. July 34 Mar. 92 May 4 54 9 Jan. Jan. 9 4 8 15 26 10 25 3 634 May 2 334 Mar. 12 38 Apr. 15 33 Apr. 8 1654 Mar. 7 334 Jan. 26 8 Jan. 3 8 434 Feb. 134 Jan. 13 54 June 0 1934 Apr. 24 33 Apr. 9 11034 Mar. 20 4 2454 Jan. 72 May 9 19 Feb. 2 Jan. 1934 Jan. 3134 Jan. 2 12 23 26 254 Mar. 8 30 Feb. 8 1134 Apr. 23 2354 Jan. 4 oct., 1940] chicago STOCK 55 EXCHANGE AGGREGATE PRICES IN SEPTEMBER CHICAGO SALES STOCK Since September Jan. 1 Shares 20 300 1,475 450 800 250 5,100 400 50 - 251 "6*.900 200 2,500 350 «... — _ 218 250 1,200 744 10,017 20 646 «» — «• — 400 1,802 750 3,850 275 50 100 1,950 100 100 280 240 450 4.220 250 300 500 2,327 850 800 567 1,399 10 700 2,635 100 100 350 250 1,000 420 30 650 1,600 300 1.150 850 370 100 2,450 200 100 STOCKS Shares 200 c pre * Dixie-Vortex Co common Class A. Dodge Mfg Corp common—* Eddy Paper Co. (The) * El Household Util Oorp—..5 Elgin Nat Watch Go 15 1 3,900 tEversharp Inc common 20 Fair (The) preferred—. 100 i* 10% 35 Sale 153* 3)4 Sale 24 Sale 12% 16% 3% 26% 13 15 1 h Harnlschfeger Corp common. 10 Heileman Brewing Co G cap.. 1 Hein Werner Motor Parts..-3 25 240 Heller preferred (w w). 2,500 Eibb Spencer Bartlett com..25 11% 4)4 Sale 4% Sale 16 16% 10% 4 63 3% 6 % 200 500 800 10 m - •» m - - • - 3,110 - - - - 110 250 •» •» ' "365 "800 100 Preferred Kentucky (Jtil jr cum pref. .50 6% preferred— 100 Ken-Had Tube & Lp com A..* Kerlyn Oil Co common A 5 Kingsbury Brewing Co cap—1 La Salle Ext Uni\ common—5 * Leath & Co common Cumulativ e preferred. ._...* 10 2,250 Le Roi Co common 780 40.26A Libby, McNeill & Libby com.7 9.850 Lincoln Printing Co com—._* S3.50 preferred * 1.910 * * % 11,350 Miller & Hart Inc conv pref..* 1 * 2,367 Minneapolis Brew Co com 4,150 Modine Mfg common 2,750 Monroe Chemical Co com Preferred . * * Montgomery Ward & Co cl A. * * Common 850 Mountain States Power pref 100 860 Muskegon Mot Spec class A..* 2,250 Nachman Springfilled com—* * 1,160 National Battery Co pref * 1,447 Nat'l Bond & invest com Preferred series A 100 150 2 3.000 Nat'l Pressure Cooker Co Cumul conv pref National Standard— Common stock 10,200 61% 3% 10 7% preferred —.100 130 Oklahoma Gas & El 7% pf—100 __6 1,126 100 Preferred class A... 40 2,090 Ontario Mfg Co common.. Oshkosh B'Gosh Inc— Common 270 280 200 ""'800 100 1,440 1,024 ' Sale 3 4 16% 16% 19% 45% 17% Sale Sale 49% Sale 6 8% 98% 43% 99 8% 44% 102 Sale 5 2% 3% % 1% 3% % 1% 3% 24% 6% 6% 2 25 9% 2% 40% 49% 4% 3% * * Convertible preferred arker Pen Co (The) com.. :io 1,500 1,800 Peabody Coal Co B com... —5 100 640 6% preferred— 2,550 Penn Elec Switch conv A_. .10 * 1,950 Penn Gas & Elec A com... _ 17,111 Pennsylvania RR capital... 150 100 11,398 * 2,150 Perfect Circle (The) Co For footnotes see page Sept. 9 9 3 5 4 Sept. 5 4% Sept. 14 8% Sept. 24 11% Sept. 24 13% Sept. 16% Sept. 4% Sept. 25 29 Sept. 25 2 Sept. 4 4 Aug. 7 4% May 15 9% May 15 31 May 23 9 May 21 11% May 22 3 21 Jan. Sale 8 5% 40% 13% 8% 7% 9% 11% 15% 2 7% Sale 2% 4% 10 12% 16% 3* 27 2% 84 81 45) 2)_ 2% 15% {I* 42 4% 6% 100% 44% 98 Sale 16 Sale 19% 47% aW Sale Sale ..... 2% '2! 2% i* n3 % 28% 8# 16* 6 8 Sale 1% 18 6% 9% 12 10% 15 J* Sale 218 2^ 21% 36$ 3§% 4 6 35 37 23 7% 28 39 12% 13 * May 23 1% July % Sale 17% 'A 3% 2% 8% Sale 26% 27% 3% 2% 85% Sale 46% Sale 3% 3% Sale 17 12% 17% 17% 13% 19% 42 45 4% 6% 100% 46% 4% 6% Sale 98 4^ 2% Sale 1% 6% 6% 1% 16% 7 a\y* Sale 28% 9 Sale 1% 18% 12* 10 30 Sale 21% 13% 27 3% 28% 3* 30 3% Sale "2% 4% 4% % % a > Sale 4% 4% % 4* "10% m 41* ii* 18% 29% Sale 28 8 10 7% Sept. 12 Sept. 18 4% Sept. 19 16% Sept. 7 7 Aug. 13 3% June 6 12% Feb. 17 3 May 28 14% May 25 11% Feb. 5% Sept. 9 16% Sept. 28 4% Sept. 5 16 Sept. 14 17 49% Sept. 25 10 Sept. 24 2% Sept. 21 42 Sept. 4 49% Sept. 23 4% Sept. 5 3% Sept. 6 9 Sept. 2 Sept. 39% Sept. 46 Sept. 4% Sept. 2% Sept. Sept.28 15% Sept. 28 9% Sept. 3 16 Sept. 12 8% 17% 10% 17% 14 14% Sept. 6 Sept. 5% Sept. 8% Sept. 7% Sept. 25% Sept. 39 Sept. 12% Sept. 32 Sept. 8 Sept. Sept 6 5% 8% 7 % 25% Sept Sept Septi Sept 38 12 Sept Sept Sept 3 3% 3% 26% 28% 4% Sale 3 Sept. 18 87% Sept. 24 48% Sept. 23 3% Sept. 30 17% Sept. 24 13% Sept. 5 19% Sept. 6 45 Sept. 13 5 5% Sept. 6% Sept. 3 101% Sept. 18 46% Sept. 30 101% Sept.16 4% Sept. 5 2% Sept. 10 % Sept. 11 1% Sept. 18 3% Sept. 24 25% Sept. 24 Sept. 26 7% Sept. 21 Sept. 11 Sept. 4 7% Sept. 25 >1* 5% Sale %6 % 9%' Sale 3% 5 3% 5 % % % % 6 )4' Sale 7% 8% 24% 1 Sale 1% 37 55?- Sale 77 23% 11% 10% 37% Sale 14% .155* 90%* 94 "4 4% 5% 3% Sept. 10 27 Sept. 4 3% Sept. 5 27% Sept. 10 4% Sept. 26 6% Sept. 6 Sept. 27 6% Sept. 5 5% Sept. 18 5% Sept. 18 4% Sept. 19 5% Sept. 3 %« Sept.18 5 Sept.28 4% Sept. 27 4 Sept. 4 6% Sept. 17 7% Sept. 27 7% Sept. 12 26 Sept. 7 1% Sept. 23 7% Sept. 16 23% Sept. 4 1 Sept. 4 35 Sept. 18 35 Sept. 18 9% 13 Sale 40% Sale 38% Sept. 16 43% Sept. 23% Sale 10 38% 10% Sale 23% Sept. 30 9% Sept. 6 23% Sept. 27 10% Sept. 30 16 22 Jan. 66$ 38% 3% 2% 11% 9 17 44 5 10 27 21 25 June 7 May 23 12% 6 June 10 12% Sept. 20 4 3% Sept. 3 14% Sept. 4 8 7 May 21 Ju.y 15 June 12 June May 21 5% May 21 4 Jan. 100 8 May 24 May 28 38 90 3% May 28 6 2%. June $ Jan. 2 Sent. 9 2% July 15 23 % May 21 5 June 10 5 May 15 1% 15% 4% 9% Aug. 15 Aug. 16 Jan. 5 15 3% May 18 July 26 5 8 Apr. Jan. 8% 32% 3% 24% May 22 Apr. 26 Apr. 17 June Sept. 5 3 16% Apr. 15 19% Apr. 10 Feb. 6 5 17* Jan. 12 Jan. 9 Sept. 24 Jan. 23% Apr. 50 Apr. 6% Feb. 8% Apr. 101% Sept. 49% Jan. 103% Feb. 6% Apr. 3% Jan. 26 Jan. 4 30 Jan. Jan. Jan. Jan. Jan. 6 23 7% Sept. 1« 17% May 23 6 5 Sept. 26 6% Jan. 3% Jan. 4 6 4 7% Jan. Apr. 8 8 Apr. 5 3 30% Apr. 15% Feb. 21 32% Apr. 26 10 1 3 39 10 10 11 13 Mar. 28 2% Apr. 28% Apr. June Tan. ilt Mar. 9 3 18 7% Apr. 25 1 10% Mar. Apr. 27 June 5% May 21 3 10 9 5 30 % Mar. 6 1% Jan. 13 4% Mar. 29 Mar. 27 30 8 Sept. 26 9 Apr. 20 3% Apr. 12 May 28 10 23 5 5% Jan. 3 13% Jan. 28 Apr. 30 3% Mar. 28 4 90% Jan. 3 62% Jan. 4% 9% % 6% 6% 3 % Jan. 3% 3% % % Apr. 16 7 Feb. 10% Apr. 15 1 26% May 42 Mar. 12 15% Apr. 3 35% Apr. 20 6 10 Mar. 20 Jan. 11 June 24 Aug. 31 Jan. 8% Apr. 11% Apr. 26 Sept. 1% Apr. 42% Jan. 24 23 11 20 25 11 7 16 May 28 24 30 July 12 Jan. 30 9 169 165% Aug. 3 32 May 21 55% Jan. 3 Jan. 76 84% Mar. 9 June 26 20 28 Mar. 26 20 11% Apr. 40% Apr. 18% Apr. 22 98 7 May 35 May 12% Sent. Apr. 98 21 3% July 16 % Jan. Sale 38% 14 8 24 _ Mar. 25 26 Sept. 24 23 42% May 22 May May 6% May 18% May 34 160 75 22 July 29 1 10% May 21 30 Jan. 5 34 % July Juiy 9 May 22 11% May 21 4 1% Jan. 20% July 17 14% 4% 4% 5% Sale % %» 5% 5% 5% 4% 4% 5% % % % % 7% 7% 7 7% 23% 25% 1 1% 36% May 21 June 26 7 25 1 10% Sept. 12 14% Sept. 4 2% Sept. 3 24 Sept. 21 13% Sept. 12 3% 8 9 27 27 Mar. 14 . 2% Sept. 24% Sept. 8 Sept. 6% Sept. 1% Sept. 16% Sept. 6% Sept. 8 20% Feb. 19 2 9% May 5 17% Sept. 21 % Sept 10 3% Sept. 5 8% Sept. 24 27% Sept. 23 % Sept. % Sept. 8 17 15 9% May 21 5% June 3 Sept. % Sept. 3 Sept. 7% Sept. 25% Sept. 2%' Sept 81% Sept. 43% Sept 2% Sept. 5% July 8 8 3 6 13 3 17 10 18 24 13% Sept. 18 3% Sept. 16 Sept. 12% Sept. 19% Sept. 45 Sept. 4% Sept. 6% Sept. 101 Sept. 43% Sept. 101% Sept. 4 Sept. 22 8 12% Sept. 17 25 28 22 22 23 22 26 18 27 6 12% Feb. 8 25 Apr. 12% Feb. 21 27% Jan. 27 6% Sept. 24 37% Sept. 27 Sale 29% 3% 35% May 8% May 1 % May 36% May 38 May 3% May 2% Sept. 4% May 7% Sept. 12 9 17% May 5 Apr. 18 Feb. 66 Apr. 57% Jan. 12% Apr. 2% Jan. 49% Apr. 56% Apr. 7% Apr. 6% Apr. May 28 12% May 22 9% May 27 16 Sept. 12 6 Sept. 6 36% Sept. 19 14% June 25 6 Sept. 5 Sept. 7 Sept. 30 Sept. 3 7 40 28 Mar. 30 24 29 3 25 49% Apr. 5% 37% 25 Apr. Apr. Apr. Apr. May 40 9 14% 17% 4% 29% 2% 5 26 15 2 15 6 1% 23% 10% Feb. Mar. 12 Mar. 5 Mar. 9% Sept. 13% Sept. 1% Sept. 23% Sept. it* 38 14 Apr. 20 Apr. 19 29% June % 25* 18 _ 41% Sept. 23 30 30%^ 4 3% Sale 38"" xl2H 17% 17% Sale 13% 7% 6 5 26 11% 5. 10% 14% 36% Sept. 11 47% Sept. 10% 2% Sale Sale 4% Sale 8% 28 11 24 26 4 * * 27,600 Northwest Bancorp com * 3.050 Northwest Eng Co capital 1,380 Nor West Util pr lien pref..100 3,910 12% Sept. 16 Sept. 3% Sept. 26% Sept. 10 Sale Prices 9 29 Apr. 10 10 4 22 4% July 3 Republic Invest Trust— 520 Nunn-Bush Shoe common..2 % """466 JX 26 250 50 8% 7% 28 7 790 Northern Paper Mills com...* * 4,560 Northern III Finance com 290 48 13 7% 5% 25% 20,543 Noblitt-Sparks ind Inc cap..5 37,010 North American Car com—20 150 1 Highest Sale Prices 9 June 19 55 Sale 5 88 Joslyn Mfg & Supply Co com.5 Katz Drug Co common —1 Kellogg Switchboard com * 4% 16% 63 50 14% 5h 25 Jarvis (W B) Co new capital— 1 Jefferson Electric Co com * 7% 18% Sale 7% 7% 5% 6% 8% Sale 8% 8% 86 1 Sept. 5 4% Sept. 10 7 Sept. 4 10% Sept. 10 Lowest 8 18 Sale Sale 23 2 * 1,843 1,200 650 16% 53 Sale Sale 4 _ Highest Sale Prices 2 9% 17% 12 Inland Steel Co capital * Internat Harvester common..* 2 16 4 4,790 1,700 8% 12 Nat 650 8 RH com—100 Indiana Steel Prod com 26,958 28% 1% 23% Sale 12% Sale 27 Sale 11 % 2% 7% Indep Pneum Tool s t c new. 440 28 8% 15% Sale 10% Sale 16% Sale 10% 17 * 70 Interstate Power $7 pref $6 preferred * 310 3.470 Iron Fireman Mfg Co v t c—* 60 3% Sale Sale 4% 3% 15 1 5,800 Midland United Co common. .* Convertible preferred A— - * 61,550 4,150 Midland Util 6% pr lien—.100 7% prior lien 100 3,350 7% preferred A._ 100 2,650 6% preferred A 100 600 1,070 4% 14 700 450 2 41% 48% 13% 43,210 Mickelberry's Food Prod com.l 182.250 Middle West Corp capital—5 550 9 Sale 13% 20 7,650 Sale Sale 5,250 19,850 700 8 4% 17 60 48 Sale 1,100 Mapes Consol Mfg capital..—* * 76.457 Marshall Field & Co com * 100 Masonite Oorp common 1 27,900 Mer & Mfrs Sec cl A com $2 cumul part pref * 2.530 - 4% Sale it* 54 46 17 12% 760 McQuay-Norris Mfg com - 4 5% 7% 16% 4% Sale 32 2,420 McCord Rad & Mfg "A" - 69 56 % Sale 10% 11% 2)4 2% 47 % Bale 54% Sale 50 Mc Williams Dredging Co com * — 11% Sale 36 32% 12% Sale 16 16% 7 5 6 15% 31 Illinois Central 27,961 6,250 1,500 15,500 14,250 1,600 5,345 2,120 5,650 10,908 10.000 6,900 9,000 8^ 38% Hubbeli, Harvey, Inc com—5 Hupp Motor Car common 1 Illinois Brick Co capital 10 4,350 4,082 11,400 13,943 9,000 3,971 4,698 11,108 8 39 36 30 100 — Sale 37% * 2.32A Liquid Carbonic common 12,450 Loudon Packing common.-..* 5 2,550 Lynch Corp common 6,950 27% 2% 39% Sale 13% 13% ._.* 1,700 Horders Inc common. 1,800 Hormel & Co (Geo A) com...* Houdaille-Hershey— ' Class B --* 27,892 100 m 13% 18 Sale 4 Ask 17 7 40 13 % Hall Printing Co common—10 Hamilton Mrg cl A part pref. 10 7VX 33 5 7,300 Fox (Peter) Brewing com -.1 33,650 Fuller Mfg Co common 8,750 Gardner Denver Go com (new) * .$3 cum conv pref (new)...20 300 3,329 General Amer Transp com—5 General Candy class A 5 2,300 12,250 General Finance Corp com—1 * 10,002 General Foods common 65,960 General Motors Corp com... 10 5,040 General Outdoor Aav com—* 6,441 Gillette Safety Razor com—* 250 Godchaux Sugars Inc class A.* 7,400 Goldblatt Bros Inc common..* 13,267 Goodyear Tire & Rub com—* 11,650 Gossard Co (H W) common..* 38,750 Great Lakes Dr & Dk com— * 10,052 1,930 2,050 21,200 5.200 9 Lowest Sale Prices Sept.30 Ask Bid 16 9 Bid 11 % Sale 33% 345* 9 8 39 % 564 •• 13 6 4% Morse common—* Fitz Simons & Connell Dredge & Dock Co common * 1,900 12,350 Four-Wheel Drive Auto....10 3,048 Fairbanks 285 350 200 m A sk Bid 9 ' " 650 Dexter Go (Tne) common 5 Diamond T Motor Oar com-.2 3,886 6,316 3,450 8,050 3,550 46,050 17,600 Sept. 3 1940 Par 14.110 Lindsay Light & Chem com. 10 Preferred —..10 1,000 * 5,288 Lion Oil Ref Co capital 1,450 RANGE SINCE JAN. Price EXCHANGE Jan. 2 In 56. % 1% 1% 27 Sale 27% 31% 3% 7% 10% 10% Sale 27 17 60 Sale 4 16 11 10% 70 18% 12 12% 20% 13% 14% 28 Sale 30 28 Sale 4% 8% 9% 9% 29 4% 8% 5 13 5 13 10 Sale 17 10 Sale 9% 19% Sale Sale 47 12 55 50 55 15 10% 10% 13% 10% 15 13 114% 10% 11 15% 113% 10% 11 26% Sept. 11 27 Sept. 3 4% Sept. 18 9% 9 % 15% 51% 12% Sept. 17 Sept. 30 Sept. 7 Sept. 5 Sept. 5 28 Sept. 30 30% Sept. 16 5 Sept. 4 10 Sept. 24 9% Sept. 6 19% Sept. 30 53 14 Sept. 23 Sept. 4 23 May 22 20% May 24 3 Feb. 7% 9% 7% 12% Jan. 45 June 20 30 July 9 June 15 May 21 11 8% May 24 9% Aug. 15 1% Mar. 28 29% Aug. Apr. 5% May 15% May 36 12 12 70 10% Sept. 11 5% *14% 11 11 8 11 18 June 18 118% 14% 8% May 21 Apr. 12 109 12 11 Apr. 23 9 30 12 13% Sept. 6 1% Sept. 12 23 Sept. 24 Jan. 11 7% May 14 % Jan. 22 35 May 20 12% Sent, 6 1 Aug, 22 15 May 21 35% Sept. 30 25 7 24 31 12 13% 10% 41* 35 % 15 15% 1% 2% 23% Sale 36% 38 27 28% Jan. 29 Sale 43 Sale 11 35 % * 13% % 21% 33 24 Sale 1% Sale 34% 23% 12% % 22% 35% 25 "TT % 42 Sale 1% Sale Sale 25% 10 Sept.20 % Sept. 5 12% 1% 20% 33% Sept., 6 Sept.112 Sept. 12 Sept. 19 11 Sept. 23 % Sept. 5 May 21 23% May 22 5 11 4 8 20 22% Jan. 12% Jan. 109 12% 6 4 7 19 Jan. 107 10% Sept. 11 Feb. Jan. 20% Apr. 7 May 9 Jan. 5 Apr. 12 Jan. 23 Feb. 26 Mar. 15 Jan. 25 Mar. 1 40 Mar. 1 15% 2% 24% 38% Mar. 18 Jan . 17 Jan. 3 Feb. 15 29 Mar. 28 CHICAGO 56 AGGREGATE SALES PRICES IN CHICAGO ' STOCK In Shares 3,930 450 8,350 100 750 200 200 350 200 400 3,000 11,900 5,423 2,600 39,830 1,100 10,998 3,750 2,500 2,920 4,350 STOCKS Pictorial Paper Pkg com 100 1,700 4,425 700 550 500 400 2,250 1,070 70 550 900 T, 429 30 "~2~, 595 50 10,550 10,669 2,401 1,050 - 544 535 2,033 1,224 """622 7,748 587 900 150 900 100 Poor & Potter Co (The) common Pressed Steel Car common 35 755 437 400 30 150 504 600 7,235 14% % (The) common--* Quaker Oats Co common * 119 Preferred 100 145 Rath Packing common 10 7% X Sale 1 10 X Sale 45 48 % X 11% 101% 4 Common Sangamo Elec Co com (new)_* Schwitzer Cummins capital-- -1 Sears, Roebuck & Co capital._* Serrick Corp class B common _1 Signode Steel Strap Co pf—30 Common * % 13% Sivyer Steel Castings com * IX 27 9 85 X 10 Sale 1% IX 171 St Joseph Lead Co cap 10 730 St Louis Nat Stockyards cap..* 6,600 Standard Dredge (new) pref_20 Common (new) 1 19,265 * 609 Standard Gas & Elec com 30,903 Stand Oil of Ind capital 25 * 1,220 Stein & Co (A) common 1,600 Sterling Brewers Inc common. 1 Stew art-Warner Corp com—5 Storkline Furniture com 10 — 1 10 155 39% X X 9% % Sept. % Sept. 8% Sept. Sale 6 23 Sale 82 25 8% 9 Sale IX IX 25 14 28 15 14 15 29 29% IX 29% Sale 1 IX 5 Sept. 13 24% Sept. 3 8 Sept. 78% Sept. 1% Sept. 25% Sept. 13 Sept. 13% Sept. 28% Sept. 13 6 25 9 83% 1% 27% 14 15 29% Highest Sale Prices Prices Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. May 15 May 11 May 28 23 18 30 23 26 26 5 24 June 4 May 28 May 18 Sale 100X 7% 71 11% 12 13 2X Sale 6 7 15% 77 6 28 Sale 87 X Sale Sale 74% 16X 4% IX 2 Sale 13 o ** Sale 7 Sale 14X Sale •; Sale j* 25% 10% X 6% 18% 17% 35% 4% 11% Sale 100X 7% 5 Feb. 19 June 26 June 7% Sept. 10 8% Sept. 10 Feb. Sale Sale Sale Sale Sale 4% 12% 1 72 24 19 6 23 25 24 Sept. 4 Sept. 10 72 Sept. 4 11% Sept. 3 1% Sept. 11 24% Sept. 16 12 Sept. 25 25% Sept. 3 12 Sept. 25 2 24% 12 Sale 13 % 6% 5% 33% 19% 17% 35% AX 12% IX Sale 6 Sale Sale 18% Sale 4% 13 6% Sept. 6 Sept. 28 Sept. 18% Sept. 17% Sept. 35% Sept. 4% Sept. 12% Sept. 12 9 3 14 10 14 6 4 '71% Sept. 16 7% Sept. 6 33% 19% 19% 37% 4% 13' 5 9 Sept. Sept. 30 Sept. 24 Sept. 5 Sept. 24 Sept, 18 Sept. 6 77 Sept. 17% Sept. 4 16 Jan 2 65% Jan. 17 1M Feb. 20 May 1 Feb. si* Apr. 17% May Apr. 15 Apr. 3 11 2 Mar. 18 Feb. 15 101 Jan. 4 38% Apr. 15 Feb. 7 Mar. 14 2% Mar. 12 2% Jan. 19 4 28% Apr. 12 80 May 22 May 21 14 June 12 17 June 33 May 28 10 18 30 1% Mar. 25 20% May 28 10 May 22 1 Aug. 9 4% May 22 4% May 31 15% Jan. 9 17% May 29 4 4 10 Jan. u\* May May 1 6 7 Mar. 15 May May 8 9 Apr. June 65 Sept. 26 30% Apr. 26 Aug. July 6 1% Sept. 11 11 14*1 6 June May May May 28% July 68% 77 11% Sale IX 1% 4 Feb. Jan. 30 Aug. 13 12 Apr. 10 101% Apr. 19 5 ----- Sale 14 Jan. 1% Sept 23 3 123% Feb. 7 June 13 155% Aug. 26 18 12 5 30% 42 12% IX Sale IX 2X 26% Sale Sale 5% Feb. 12% Jan. June 101X 14 12 Jan. 6 June 6 14 Jan. 22 2 Apr. 9 Feb. 8 17 7% 33% 25% 32% 47% 5% 16% 7 Feb. Sept. 30 Mar. 9 Jan. 4 Apr.-8 Apr. 24 Apr. 8 . 83 66 X 117 IX X IX 86 Sale Sale Sale X IX 19 Sale 40 Sale common Walgreen Co common IX Sale 22 Sale 117% Sale 2 74% Sale 16% Sale 76% 58% 55X 117 118% 122% IX Sale 1% % X 1% 1% 22 24% 41 38% 39% 74 %, Sale Sale 15% Sept. 14 71% Sale 53% Sale 116% 1% 1% % % 1% Sale 24 25% Sale Sept. Sept. Sept. Sept. Sept. Sept. 80% 59% 124% 1% % 1% 24 Sept. 60% June 12% May Jan. 1% Feb. 16% IX * 20 X * 21 % Wayne Pump Co capital 1 Western Union Teleg com__100 26X West'house El & Mfg com 50 116 Wieboldt Stores Inc com * 6% 90 Cum prior preferred 630 * * IX 2,350 Williams Oil-O-Matic com fWahl Co s% 39 % 13 75% 4 155 41 Sept. Sept. Sept. Lowest Jan. 41 32 Sale Sale 95 8B- 155 5% Sale 8% IX 1 15% * 80 X 7% 100 39% 8X X 11% 1% 104% Sept. % Sept. 9% Sept. 1 % Sept. 8 Sale 13 Sale 22 Preferred 7 Sale Prices Sale 10X 23 Swift & Co capital stock 25 Swift Internacional capital--15 Texas Corp capital 25 Thompson (J R) common 2 Trane Co (The) common 25 4% 24X Highest Sale Prices 11% IX 104% 27 Sale Sunstrand Mach Tool com.-.5 17,502 Union Carbide & Carbon cap.* 22,689 United Air L Transp capital-_5 200 United Gas Corp common 1 20 5,397 U S Gypsum Co common 67,100 United States Steel common..* 7% cumul preferred 100 6,972 1 16,440 Utah Radio Products com 6,500 Utility & Ind Corp common. .5 Convertible preferred 7 13,050 * 1,070 Viking Pump Co common 8 Sale 17 15% 14% 10% ♦No par value, X X 9% 8% 29 28 2 10,812 Spiegel Inc common 15,450 15,700 8,061 5,600 44,572 39 X X 101% IX 107 X 11,850 30,509 1,032 7,277 3,498 2,900 Sale IX Sale 155 38 1 IX 25X South Bend Lathe Wks cap_-5 380 South Colo Pow cl A com—25 3,740 Southw G & E Co 7% pref--l00 120 Southwestern Lt & Pow pfd__* 18,547 1,350 86,860 74,163 26,624 10,489 13,379 8,585 % 100 Sale Hosiery Mills—: Wisconsin 2,800 1,350 1 Lowest Ask Ask Bid 12 X % Process Corp Bid 4% X X 12 1 Raytheon Mfg Co com 50c 6% preferred-5 1,710 Reliance Mfg Co common---10 Preferred 100 20 12,050 8,900 9,500 30,438 6,900 3,100 1,800 1,630 31,650 Ask 4% Pines Winterfront 130 1,950 5 common—1 Co class B * Bid Sept. 30 Sept. 3 1940 Par Rollins 1,000 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. SEPTEMBER Price EXCHANGE Since September EXCHANGE STOCK Feb. 1 24 24 50% June 41% May Jan. 25 3 24 3 13 4 Sept. 17 103% May Sept. Sept. Sept. Sept. Sept. Sept. 5 7 20% Sept. 27 21% Sept. 7 20% Sale 18% Sept. 5 19% Sept. 18 19% 18% 21 Sept. 5 18% Sept. 18% 19% Sale 108% Sept. 23 101% Sept. 106% Sale Sale 6 6% Sept. 21 4% Sept. 5% 7% 91 91 Sept. Sept. 4 95 95 91% 1 Sept. 18 1% % Sept. % IX 20% 17% 19% 102% of* 21 19 . " Apr. 23 Jan. 1% 16% 14% 14% May May May June 76% June 4 May 88% June % Aug. 12 Apr. 4 May Jan. 5 Jan. % May X Jan. 1% May 19 4 Jan. 8 2 Jan. 39% Jan. 41 3 Apr. 5 Feb. 9 May 8 Jan. 3 Jan. 4 Jan. Jan. 10 95 Apr. 30 9 1% Jan. 2 23% 24% 28% 117% 7% Bankshares— * -2 4% 3X Wrigley (Wm Jr) Co capital * Yates-Amer Mach capital 5 Zenith Radio Corp common..' 84 X Common Woodall Indust common 2% 16 5 4 88 2X 16% 4% 4% 78% 2% 14% Sale 4% 82 3 Sale 4% Sale 5 Sale 4% Sept. 3 81% Sale 2% 4% Sept. 4 79% Sept. 19 2% Sept. 20 Sale 14% Sept. 12 15 t Name changed from The Wahl Co. to Eversharp, Inc. o 2% 4% 5% 82% 2% 16% Sept. Sept. Sept. Sept. Sept. 20 26 30 23 4 3% 3% 72% 1% 8% May 15 May 15 May 23 June 12 Mar 5% Feb. 6% Apr. 93% Apr. 3% Apr. 17*4 $ 8 Apr. x Ex-dividend. t RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Stock Sales Shares_ September Jan. 1 to Sept. 30 80,423 432,926 20,641 325,068 1939 1940 Bond Sales 1939 1940 September Jan. 1 to Sept. 30 $154,600 1,878,950 $160,850 1,908,500 - AGGREGATE PRICES IN BALTIMORE STOCK EXCHANGES SALES In September RANGE SINCE JAN SEPTEMBER Jan. 1 BONDS Sept. 3 1940 BALTIMORE CITY BONDS- Bid Ask Ask Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices 84 Certificates of indebt 5 % 1,289,850 Bait Transit Co 4s flat. 1975 A 5s flat 1975 451,900 B5s___ ..1975 66,000 48,000 Finance Co of Amer4%..1947 Georgia & Alabama Ry Co 1st mtge cons 5% 2,000 1945 500 Georgia Marble Co 6%---1950 3,000 Interstate Co 5% 1944 27 3124 Sale 3224 32 H 33 Sale 37 34 Sale 39 Sale ~ - 5,000 4,000 _ _ _ _ .. STOCKS Shares 1946 45 1,377 1.487 * 50 * 301 148 2,170 4 24% 150 48 283 156 263 Mercantile Trust Co 100 226 . 635 94 214 27,253 12,503 1,667 22,550 3,415 Northern Central Ry Owings Mills Distillery ♦ No 100 100 May 21 101 2024 15X 1524 13 21 22 Sale 1.55 Sale 15 15X 1424 "32c" I"" 30c 1.55 Sale 1.60 1.80 Mar. July 15X Sept. 27 1524 Sept. 26 Sept. 6 1.55 Sept. 3 30c 1724 Sept. 7 16 Sept. 26 Sept. 14 1.75 Sept. 6 32c 11 May Aug. July 1.35 May 12 23c 21 77 X Sale 114 10 24 30 X 123 3024 924 Sale Sale 125 3224 10 78 Sale 108 8024 8224 11724 Sale Sale 116 724 6 "6X "7X Sale 114 11624 120 26 X 28 924 Sale 2l%l 75 Sept. 14 79 116 Sept. 4 117 107X Sept. 25 108 534 534 Sept. 4 624 6% Sept. 14 17 Sept, 3 1824 11824 Sept. 14 122 2624 Sept. 4 2734 924 934 Sept. 11 27 5 20 4 14 16 5 13 Sept. 17 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 2 1 50 1 Penna Water & Power com Preferred 17 Sale 9 4 35c 48c Sale 27c 16 17 X 1824 5% Preferred 57,642 U S Fidelity & Guar 1,103 Western National Bank par value. x Ex-dividend. 1624 Sept. 5 24c Sept. 20 27c Sept. 13 1834 Sept. 20 27c Sept. 3 30c Sept. 7 1.75 Sept. 11 1524 2.00 Sept.13 * Feb. 2024 Apr 69 May 11134 June 10724 Sept. 524 Sept. 6 May 16 May 9124 May 25 May 46 8 20 14 80 3 100 Mar. 28 July 20 June 3 Feb. 20 2124 Jan. 16 4 2024 Apr. Jan. 25 2.50 Apr. Feb. 15 55c 21 130 Jan. 1.25 26c 1.00 1324 Sale 2724 28X 1124 2824 43 X 13 X Sale 1.40 1.50 86 X 89 46 35c 67 X 16 ' 1624 14 2824 5824 2.50 1624 Sale 9024 17c 56 24 5624 * 13 Sept.24 52 1.05 88 45c 68 12 56 2924 28 24 2.00 48 ----- 5624 1134 Sept. 13 2834 Sept. 20 2.25 Sept. 17 53 Sept. 4 2924 Sept. 20 2.25 Sept. 17 56 Sept. 21 15% Sept. 1.00 Sept. 90 Sept. 20c Sept. 55X Sept. 1624 Sept. 26 1.10 Sept. 7 9124 Sept. 25 20c Sept.16 5824 Sept. 10 14 23 16 16 24 110 8 May 3224 Feb. 27 1024 Aug. 7 4 May 9 Feb 50 July May 1 July 1924 Apr. June Feb. Mar, 65c 25c Sept. Apr. 55c Jan. June 33 June 124 Mar. 246 Aug. 934 Aug. 2624 June 2 24 6 5 2024 Apr. 83 24 Mar. 26 11924 Feb. 10 108 Sept. 20 4 8 Apr. 14 Apr. 18 3124 Apr. 23 33 3oc Sale 1.15 June 3834 June 44 24 Jan. 12 May 1.00 May 8424 May 20c Sept. 5424 May 112 Apr. 82 Sept. 265 5 % 1 Feb. Mar. 27 May 2924 Mar. 224 Jan. 56 Sept. 50 Apr. 1724 Apr. 1.45 Jan. 9124 Sept. 40c 6 $ 1? h ?! Jan. 7224 Jan. 112 Apr. 22 X 20 33 X Sale Sale 20 30 Sale 33 X 19 24 32 Sale 9 1924 Sept. 16 Sept. 4 32 85 Sept. 24 »S 2024 Sept. 32X Sept. Mar. 4 75 Feb. 9 July 16 36 ..-50 .2 Sept. Mar. 10 82 90 71 313 Phillips Packing Co 5 24% pf 100 100 22 Real Estate Trust Co 87 Seaboard Oomm'l com 10 404 80 June 50 New Amsterdam Casualty North Amer Oil Co com 2 ""30 3,820 100 10 40c 6 4024 Apr. 8 June 97 24 Sept. 18 6 May 28 103 24 Jan. 12 80 100 Mar. 28 35 24 Apr. 100 102 11,379 Houston Oil preferred 25 1 53,047 Mar Tex Oil Common class A. 1 14,934 100 Martin (Glenn L) Co com_--_l 423 Maryland & Pa RR com 100 4,244 Merch & Miners Transp * 2,330 Monon W Penn PS 7% pref. 25 1,310 MtVern-Woodb Millscom.100 Preferred 100 1,643 30 288 National Marine Bank 87 102" ill" 12 121 May 15 May 21 May 21 102 1 "'53 500 90 1 Common 20 1~,468 » ____100 Preferred v.t.c.. 1 3,420 4,438 Fidelity & Deposit 20 3,167 Fidelity & Guar Fire Corp 10 5 1,977 Finance Co of Am class A 3 Georgia Sou & Fla 1st pref. .100 125 Guilford Kealty Co 6% preflOU 158 600 pref B 23 30 100 HI" 1 4 24 % preferred C 100 506 Davisou Chemical Co com 1 12,768 Eastern Sugar Assoccom v.t.c.l 100 "170 Sept. 26 Sept. 6 Sept. 18 Sept. 16 100 10324 49 49 6,517 Sept. 4 3424 Sept. 3 3924 97X 9734 Sept. 12 10224 Sept. 11 10224 37 * * 20 Brager Eisenberg Inc com 6,041 Con8ol Gas E L & Power 497 —— 33 par 37,466 Arundel Corp 1,401 Atlantic Coast L (Conn) 10,045 Bait Transit Co com vtc 1st preferred vtc 18,278 65 Black & Decker common 1,115 95 ....... 4,000 Interstate Bond Go 5% Shares 1 Sale Prices Sept. 30 Ask Bid Bid Atlantic Coast Line Conn 4,000 109,000 42,850 , Price Jan. 2 Since Feb. 40 Mar. 12 5 Apr. 1424 May 2324 Jan. 32 37 Sent. 11 Mar. 19 "8 Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BOSTON STOCK September AGGREGATE SALES 1939 264,361 Shares> 920,478 Jan. 1 $ 45,700 112,500 20,000 11,600 Shares 300 Boston & Maine RR— 28,650 Series D 6s. Par 8,242 51 100 71 80 1,580 ""9,719 1,111 1,298 """"76 590 _ 20,553 5,651 585 """50 1,844 108 374 952 25 356 459 1,678 150 14 696 8,711 Preferred 100 Prior preferred 100 Class A 1st pref stpd 100 1st preferred class A 100 Class B 1st pref stpd 100 1st preferred class B 100 Class C 1st pref stpd 100 1st pref class C 100 Class D 1st pref stpd 100 Class D 1st preferred 100 CI E 4 3* % cum 1st pf std 100 Boston Personal Prop Trust..* 898 Boston & Providence ""450 1,498 2",925 ""639 1,232 2,393 127 104 105 1,095 100 65 ""510 200 150 868 25 ""665 327 400 47 418 1,724 3,250 ""960 10 1,552 4,578 16 60 1,260 ""568 3,735 620 380 100 9,442 Calumet & Hecla 211 Cliff Mining Co 17,407 Copper Kauge Co.. 95 101 35c 171 .5 4 3*% cum prior pref 12.185 6% cum preferred-__ 12,145 East Mass St Ry Co 2.966 First preferred 1,748 100 100 100 100 B 2,418 Adjustment 2,853 Eastern SS Lines, Inc 36,623 100 -.100 784 25 Economy Grocery Stores; 22,847 Employers' Group Assoc.. 585 General Capital Corp Georgian Inc (The)— 8% cum class A pref 295 1,490 Gilchrist Co Gillette Safety Razor Co 10,137 936 Hathaway Bakeries class A Sale 113* Sale 78 Sale 14534 183* * 166 Sept. 27 Sept. 27 Sale * 18 11 863* Sale 13* 2 134 234 254 3 1 3534 Sale 45 Sale 183* Sale 1 13* 1 13* 50c 183* 234 Sale 23* " 23*' 234 334 2 13* 134 4 10 4 5 12 2 2 2 19 26 634 7 34 5* Sale 12 10134 Mar 2 106 3* Apr. July June 24 1063* Apr. 30c Apr. Apr. Feb. May Jan. May July May May May July May June 61 153* 234 334 163* Sale 2 25 12 Sale Sale 61c < 113* Sale 20 13 Sale 343* Sale 75c 15 203* 2534 Sept. 11 234 Sept. 7 234 Sept. 7 Sept. 12 5 34 Sept. 3 6 Sept. 18 13 Sept. 11 80c Sept. 30 75* Sept. 24 Sale Sale 26 4 69 75c Sale 934 1134 1: 43* Sept. 25 33* 21 3 3* Sept. 23 Sept. 24 253* Sept. 3* Sept. 50c 4 334 33* Sale 3 4 40 38c 75c 40c 10c 20c 10c 10c 25c 25c 2 33* Sept. 23 5* Sept. 3 4 7,802 15 25 100 1434 634 16 7 100 1 213* 23* 25 400 Mayflower Old Col Cop Co..25 * 8,396 Mergeuthaler Linotype 26,876 Narragansett Rac'g Assn Inc.l National Ser Co common 1 1,300 National Tunnel & Mines. * 2.865 N E Gas & El Assn 240 pref.. * New England Tel & Tel 100 16.C79 common cum pref. 2 123* 13* 434 3c sig 125 18 22 15 10c Sale Mills 17 Sale Shawmut Assn 13* ""134 38 Sale II53* 100 26c Sale 20c 10c 25c 8c 22c 28c * 10 Sale 2 ._* 634 1R* 25A 5 25 1 __* 472 Warren (S D) & Co common..* 100 Wichita River Oil Corp 10 12 60c 3034 7c 47c 38c 13* 13-8 Jan. 113* June 434 July 15 May Aug. Apr. 12 May 43* Jan. 4c Apr. 1 May 27 S'pt. 108 May 4 Apr. 63 May Ke Apr. 35c Aug. Sale 1.00 103* 2134 8^ 53* Sept. 2 Sale 27 1183* Sale Sept. 4 Sept. 18 2034 Sept. 30 53* Sept. 7 I3* Sept. 134 Sept. Sept. 11534 Sept. 26 27 27 Sept. 30 1183* Sept. 27 5 70 3* 40c 34 42c 76 Sale" 25c 30c 10c "25c" 25c 34 Sept. 3 Sept. 7 Sept. 25 Sept. 3 25c Sept, 24 34 Sept. Sept. 7234 Sept. 19c Sept. 8c Sept. 44c 35c 76 20c Sale" 11 Sale 2234 Sale 134 134 734 83* 134 134 93* Sale 134 Sale c 1 Sale ..... 12 934 Sept. Sept. 134 Sept. 734 Sept. 13* Sept. 934 Sept. 75* Sept. 25 233* 13* 834 134 1034 9 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 47 36 Sale 29 293* 28 55c 23* 90 7 134 '343*' lie Sale 603* Sale 61 30 Sale 45 46 45 40c 42c 45c 293* 134 3 85 634 134 27 Sale 28 134 32 73* Sept. 3034 Sept. 593* Sept. 4 4 34 Sept. 35c 134 3 87 8734 734 63* 75* 13* Sale 13* 32 2634 x273* 6-V 61 19c 8c 75* 14 3* 54 734 4 14 23 1 73* 534 3 303* Sept. 19 26 10 10 7 Sept. Sept. Sept. Sept. Sept. Sent Jan. Jan. 18 17 July 11 Mar. 12 Jan. 10 325* Jan. 10 103 Mar. 28 1254 87 3* 1493* 3654 50 3* 2054 23* 834 Apr. 5 Svjpt. 26 Jan. July 5 26 Mar 5 Apr. 18 4 Jan. Mar. 27 Jan. 103* Jan. 3 May 234 Jan. May Apr. 314 July 254 May 33* Mar. 33* May 13* Feb 16 Apr. §* 19 54 Jan. 17 4 3 5 3 20 3 9 28 7 13 11 5 7 154 Mar. 83* Feb. 21 Mar. 554 Feb. 7c 8 21 Mar. 29 3 54 Mar. 12 56 Sept. 24 3534 Sept. 23 Jan. 3 69 Sept. 30 17 Jan. 25 2 Jan. 20 73* Apr. 23 Apr. 20 18 34 Jan. 4 26.34 Apr. 16 4 315* Jan. 30 53! Jan. 20 Apr. 24 654 43* 44 July 20 3* Apr. 20 S- pt. 18 6 123* Jan. 25c 2 Jan. 3 18 Apr. 24 9 854 Feb. 25 Feb. 254 Mar. 5c Apr 2054 Sept. 654 May 6c Fab. 13* Sept. 383* Jan. 137 Apr. 4 Apr. 65 May 54 Feb. 92c May Jan. 78 Sept. 26 26 5 22 20 16 21 8 Mar. 27 25c July May May Aug. Aug. July May May 15 19 24 30 11 60c Sent. 52c Jan. 27 July 2254 May 5c "~ "~7~~ £ 23 5 47 28 Sale Sale Apr May 57c 37 11c Feb. 11c 23 23 65c 44 Sale 10c 25c 10c 13c 13* 934 Sale 73* Sale 60c 1 9c "T34 Mar. June 33* Aug. 23* Jan. 28 May 22 14 34 Sept. 534 Sale "2034 123* May 163* May 233* May 13* Sept. 21 1254 Sept. 3 6 Sept. 5 134 Sept. Sept. 5 Sept. 1834 Sept. 80c Sept. 12 10c Sale Sale Sale 72 143* Sale 235* Sale 13* 23* 93* 934 134 Sale 1134 Sale 80 * Sale 59 1 * com 134 373* 11c 25 163* 7 22 80c 70 34 a 64c 50 5 June 35* Sept. 6 3 34 Sept. 19 3934 Sept. 6 40c Sept. 6 25c Sept. 18 Sept. Sept. 175$ June May May 134 Aug. 25* Aug. 9 13* 1234 5 100 25 134 113* 9c 2.50 100 * & Webster Inc. 53* 534 10c 100 * 30,442 Pennsylvania RR 6,220 Quincy Mining Co Reece Button Hole Mach 3,070 Reece Folding Mach Co 1,085 6 1 100 N Y N H & Hartford 3,465 North Butte Mining 124,783 142 Northern RR (N H) Old Colony 2,450 Certificates of deposit 2,454 Old Dominion Co 3,868 134 Sale 234 15c 4c 15 15 134 1234 534 26 3H 21 Mar. 3 54 May 5c Jan. 54 7 9 Royale Copper May 15* Feb. 134 May 134 Feb. 154 June 254 July 1 3* Feb 11 3* June 93* Aug. % S*>pt. 434 May 45c 2234 Sept. 26 253* Sept. 4 203* Sept. 37 334 May 13* June 69 Sept. 25 Sept. 30 93* Sept. 26 60c Jan. 65c 15 40c 40 3* Apr. 5 20 2134 Sale 263* 10c Jan. 154 May May 1234 May 56 30 13 234 Sept. 18 36 4 3434 3854 1634 3 5 34 Sept. 23 2 3 2 Sept. 9 Sept.13 235* Sept. 9 60c Sept. 18 6234 Sept. 25 9 Sept.17 52 75c __* x665* 26c 35* Sept. 14 20c 334 68 2 3 123* 734 Sale 54 434 54 623* 93* 134 Sept. 11 234 Sept. 7 234 Sept. 7 234 Sept. 20 --- 434 Sale 65c 3 ----- Sept. 27 18c 3* 33* 34 334 334 234 1 6 13s 133* 1443* % Feb. 43 xEr dividend. June 3 2 Apr. 18 96 1 3 80c "234 58 434 2 113* 1034 5434 24 3* 23 23* 20c 21 18 Sale 2 134 "123* 334 Sale Sale 4 3 2 18c 20 99c 334 6 5 Sept.20 134 Sept. 5 2 3,392 86 101 4 134 134 134 11 20c 1.00 134 Sept. 73* Sept. 23* Sept. 1 34 634 4 365* Sept. 16 4534 Sept. 5 1934 Sept. 19 2 3 10 3 3 134 Sept. 12 36 27c 31,476 98 153* 6 * 4.866 Pacific 14 1 * 6% June 80 8 634 23* 234 2 ..... 113* 423* Sept. 18 Sept. * 29 New River Co 7454 Aug. 235* Aug. 87 11 2 634 23* 2 34 54 Sept. Class B Isle 6734 July 26 173* Aug. 17 26 24 13* 73* 234 234 23* 23* 234 634 1 "UH 4! 1534 2334 3034 18 17 100 9 Sale 2 7c" 2A 433* 92 Sept. 134 Sept. Sept. 16734 Sept. 34o Sept. 24 Sept. 92 Sept. 11 Sept. 873* Sept. 32c Sept. 13* Sept. Sept. xl603*Sept. 34« Sept. 24 Sept. 833* Sept. 93* Sept. 823* Sept. 32c Preferred 788 Loew's Theatres (Boston) Maine Central 3.967 Preferred 5% 2,037 Mass Util Associates v t c Sept. 3 Sept. 23 Sept. 16 Sept., 6 126 423* 2 14 13* 20 16234 Sale Sale Sale 234 234 VA 134 234 134 50c 134 17 « 8334 Sale 8334 90 93* Sale 8234 Sale 2 21 1 805 Helvetia OilCoTC 140 lnt'1 Button Hole Mach Co..10 value. 673* Sept. 9 72 173* Sept. 12 20 97 95 Sept. 3 98 Sept. 11 100 166 32c 134 50c * * 20 22 3 Sale 100 100 Highest Sale Price n .. . 100 50c 16 23* 34 934 * * 32c 13* Sale Utah Metal & Tunnel 955 Venezuela Holding Corp 580 Vermont & Mass Ry Co 4,372 Waldorf System Inc Warren Bros No par 100 1 2434 843* 4334 • Lowest Sale Prices Sale ~4454 "Sale" 25 25 713* 1954 9654 Sale 100 34 3* 5,252 Union Twist Drill 35,980 United Shoe Mach Corp 6% cum preferred 3,333 632 99 ..... Sale" 1613* Sale 92 38 64 Highest Sale Prices 23* Sept. 334 Sept. 38 Sept. 890 Suburban Elec Secur 9 1H "so" 2d preferred * 90 * 24.186 Torrington Co (The) Union Cop Land & Min Co..25 200 2,300 50c 15H 3,186 98 Ask 7034 1934 963* 101 19,838 Stone 18,404 2,915 Sale 96 25 * 10 287 East Boston Co 4,082 Eastern Gas & Fuel Assn com.* 5,000 Sale 96 1 1,442 3,643 Sale 95 93 Lowest Sale Prices Sept. 30 Ask Bid 19 17 Preferred Bid 71 2,031 1,183 ~l",i37 Sept. 3 Ask "92" "94"" 100 15 89 Bid 1,555 Brown & Durrel Co common.* Preferred 972 1 par 5,901 American Pneumatic Service. * 5,383 6% non-cum preferred .50 First preferred. 2,783 50 101,364 American Telep & Teleg__.100 1 1,890 Assoc Gas & El Co class A 330 Bigelow-Sanford Carpet com.* 6% cum pref 1,078 100 * 4,334 Bird & Son, Inc 15,130 Boston & Albany 100 100 22,164 Boston Edison Co 25 19,773 Boston Edison (new) 100 13,528 Boston Elevated 11,408 Boston Herald Traveler Corp.* 364 Boston & Maine pref stpd.. 100 Common (stamped) 1,107 100 9 Toll 1948 1 STOCKS Shares 155 ■ 1940 1st mtge A 4% 218,300 1960 Inc mtge A 4 3* % 562,000 1970 284,000 East Mass St RR ser A 43*s '48 Series B 5s_. 1948 60,450 Series C 6s 1948 17,000 *—•500 RANGE SINCE JAN. PRICES IN SEPTEMBER Price BONDS $ """loo $24,260 Jan. 2 Since September 1939 1940 $192,300 September BOSTON STOCK EXCHANGE In EXCHANGE Bond Sales 1940 Stock Sales , Jan. Apr. 8 Sept. 24 May 13 163* Apr. 24 283* June 28 13* Jan. 934 Jan. 134 Feb. 12 Feb. 17 12 16 6 1254 Jan. 75c 5 Mar. 14 45 3* Apr 5 33 34 Mar. 16 Jan. 8 5c 343* Sept. 28 62 Sept. 9 453* Sept. 6 45c Sept. 35 25 A Jan. 55 May 343* Sept. 28 783* Mar. 20 393* June 35c May 13* Mar. 453* Sept. 6 Apr. 12 62c 87 70 June 91 25 May May July 734 13* *273* 7 Sept. 6 Sept. 25 Sept. 6 Sept. 17 Sprit Q 7 Sent. 2 7 5* Mar. Apr. Mar. 2 16 8 13* Mar. 18 Apr. 30 31 7 Sent. 9 THE CLEVELAND STOCK EXCHANGE PRICES ON RANGE OF Bond Sales 1940 1939 34,087 373,741 16,250 356,634 Stock Sales September Jan. 1 to Sept. 30__. Shares_ 1939 1940 September Jan. 1 to Sept. 30____ AGGREGATE SALES PRICES IN SEPTEMBER CLEVELAND STOCK EXCHANGE In STOCKS Jan. 1 Shares 141 Shares 220 25 68 930 33 100 275 2,454 23 195 692 4,779 349 50 227 14,563 11,926 359 178 "591 25 321 2 376 70 342 220 155 78 / 50 121 158 75 183 190 463 900 16 58 9 35 358 315 1,518 Apex Electric & Mfg Trior preferred .'i', * 100 784 uBond Stores common 1 10,393 Brewing Corp of America 3 . 100 common.... 8,976 City Ice & Fuel * 262 6*% preferred .100 1 1,183 Clark Controller 7,610 Cleveland Builders Realty...• 8,164 Cleveland Cliffs Iron $5 pf * 160 Clev El 111 $4.50 cum pref * 3,556 uCleve Graphite Bronze com. 1 14,979 Cleveland Kys ..100 6 63,752 Cliffs Corp 5,575 Colonial Finance Co common. 1 885 Commercial Bookbinding ♦ 1,888 Dow Chemical 5% pref 100 Rights wi * 14,563 Rights issued * 11,926 4 4,731 Eaton Mfg. Co.common 802 Elec Controller & Mfg * 377 1,299 1,030 4,727 1,698 Faultless Rubber Co com....* uFirestone Tire & Rub com. .10 Fostoria Pressed Steel uGeneral Electric ...* * com General Tire & Rubber 5 com. Preferred 100 * 2,019 uGlidden Co common 5,579 Goodrich (B. F.) Co. common 2 $5 cum preferred * * 5,825 Goodyear Tire & Rub com 571 Great Lakes Towing 100 _. 8 Ask 18* 13 14 15 14 21 25 5* 59* 12* 87 22 * 6 59 6 8 60* 13 23* 6* ..... 97 16* 1* 18 3 W. 114 63* 115 36* Sale Sale 12* 8 116 4* 4* 7* 52* 53 11 2,529 //Industrial Rayon 3.461 winter lake Iron 9,430 1,375 4,538 8,649 1,090 1,290 interlake 10 95 24 4* 7 SS. "24* Sale 4* To* 90 32* 20 16* 14 21* 15 15 17 21 . 35 23* 34* 11* 18* 20 14* 12* 14 41 18* 19* 23* 12* 12* 43* 15* 16 61* 43 12* 41 104* 3 12 12* 3* 11* Leland Electric .* uMartin (Glenn L) common.. 1 32 15 * 675 McKay Machine 1,015 McKee (Arthur G) class B.._* * 3,219 Medusa Portland Cement 1,783 Metrop Pav Brick Co com.. * 59 Metropolitan Pav'g Brick pf 100 - 23* 17* 1 33* _* 660 Monarch Machine Tool Co...* * 1,310 Murray Ohio Mfg...... 285 Myers (F E) & Bros Co com..* 91 573 224 10 140 1,042* 950 """68 "284 * 34 40 6,785 1,683 125 32 245 Otis Steel Co common Packer Reliance Elec A 100 97 6 686 318 ""75 com com a5* Sept. a8 Sept. 11* Sept. 10* Sept. al3* Sept. al6* Sept. 34* Sept. a4 Sept. * * 715 Onion Metals Mfg Co.......* uU Reflects prices In Unlisted. primary markets on 37 33* 34* 42* 43* 2* 3 7* 8* 11* 13* 54* 54* 4* Sale 4 4* 1 S Steel common * 12,350 3,837 Upson-Walton—............1 12,340 Van Dorn Iron Wks Co com.. * 1,097 Vlchek Tool 817 Warren Ref & Chem com....2 W einberger Drug Stores * 1,981 140 W R I Corp 6% prior pref .100 J 4,511 White Motor * 5,000 Youngstown Sheet & Tube.. 5* % cum pref ser A 100 30 uYoungstown Steel Door com * 735 3 6 27 a5 6 Sept. 27 12 al6* Sept. 6 11 20 Sept. 19 Sept. 17 Sept. 30 17 12* Sept. 30 4 41 Sept. 20 17 al05 Sept. 25 16 3 Sept. 16 12 a24* Sept. 25 26i a9 Sept.125 11 40 Sept. 11 3 13* Sept. 24 13 Sept. 18 3* Sept. 23 (x) a33* Sept. 5 17 70 5 43 35 (Sept.26 18 Sept. 13 a6* Sept. alO* Sept. 12 Sept. 11 Sept. a 15 Sept. a 18* Sept. 37* Sept. a4* Sept. 9 33* 57* 4 4* 5 A ----- 8* 12 50 12* 47* 28 28* which odd lot sales 10* 32* 11* 33* "13* 33* "i7* "is* "19" were based. z 3 a35* Sept. 5 46* a42* Sept. 4 a47* Sept. 25 3 2* Sept. 12 Sept. 25 3 a7* Sept. 28 a7* Sept. 13 8 13* Sept. 30 13* Sept. 30 Sale 58* a53* Sept. 13 a59* Sept. 24 4* 4* Sept. 3 4* Sept. 23 Sept. 6 4* Sept. 6 4* 5 Sept. 23 6 Sept. 23 * * Sept. 7 * Sept. 7 9 Sept. 9 10 Sept. 23 10* (x) (x) Sept. 30 "i4* alO * Sept. 19 al4 34* a32* Sept. 4 a35* Sept. 5 20 a!7* Sept. Il'al9* Sept. 26 Reflects range of prices In prlnrry Mar. 27 26 36 June 20 50 11 Aug. 7 July 19 15 39 Jan. Jan. 25 22 42* Apr. 12 June 25 zl 05* Mar. 30 Jan. 4 4 Jan. 29 z95 3 zl6* z6* 34* 12* May May May July 12 May 2* June 10 May z26* June 16* Feb. May 13* May 1* Aug. 26 Jan. 21 z29 21 zl2* 28 44 3 17* 22 15 10 21 4 8 60 Jan. 3 Jan. 4 Apr. 5 Feb. 17 Jan. Jan. 6 3 13* Mar. 13 25 z47* Apr. 16 7 18 May 9 28 35 May 13 Sept. 13 13 18 26 1* Apr. 11 Jan. 8 z23* May 21 z40* Apr. 8 4* Jan. 30 8* Apr. 19 z24* Feb. 18 z47* Sept. 23 z6 $£ May 28 zl3 Apr. 3 z41 July 15 z53 Apr. 9 zl3* Feb. 23 z21* Apr. 30 Jan. 4 zl3* May 21 z27 z2 July 5 z23* Apr. 6 30 June 5 41* July 30 44 Apr. 10 Sept. 17 55 May 28 1* Jan. 4 1 Jan. 26 * July 5 3 z9* May 21 zl8* Jan. .30 Feb. 29 30* Feb. 2 May 28 24* lVlay 10 3 zl7 Mar. 13 12* May 20 15 z5 * June 10 z8 * May 7 9 z7 May 21 zl2* Mar 3 23 9 12 May 21 Sept.23 23 10* Sept. 19 14* Mar. 11 5 Sept. 27 May 25 zl7 20 zlO 3 May 21 z23* Jan. 5 zl4 31 May 22 40* Mar. 12 26 z3* May 23 z8* Jan. 5 27 35_ a34* Sept. 2* 7* 13* 75 Feb. 6 Sept.26 z98 zl2 May 20 16* Jan. 11 1 * Jan. 2 Feb. 23 13 46 May 20 63* Apr. 29 zl08 May 21 zll4*Jan. 10 z26 May 21 z43* Apr. 8 17* Jan. 13 36 May 9 12* May 28 18* Apr. 9 13 10* May 18 Apr. 8 6 8 Sept. 25 Apr. 8 112* Sept.25 117 Apr. 5 2 * Sept. 12 z4* Sept.24 2* Sept. 12 z4* Sept. 24 z22 May 22 z37 Apr. 9 38* May 24 50 Jan. 3 15* May 18 17* Jan. 6 zl2* May 21 z21* Jan. 3 6 June 28 3* Feb. 19 z26* May 21 z41 Jan. 2 zlO* May 22 z23* Jan. 3 z98 Aug. 3 zi06 May 7 zll May 21 zl9* Jan. 4 zlO May 21 z20* Apr. 6 z45 May 21 z69* Mar. 7 zl2* May 22 z24* Apr. 6 13* Feb. 26 20 Sept. 19 50 Feb. 1 70 Sept. 17 a35* Sept. 24 6* Sept. 5 a47* Sept. 20 al2 Sept. 20 a 43* Sept. 5 a20* Sept. 23 a21 Sept. 23 a2* Sept. 4 35* Sept. 4 44 Sept. 17 * Sept. 16 a* Sept. 10 al5* Sept. 23 37 6 4 J* 35 46 Mar. 20 z9* Aug. 15 zl4* Jan. z85 .. 63 35 .... common 10 al4* Sept. 3 al3* Sept. al9* Sept. 17 a20* Sept. ....* 5 * .... Rubber Co 85 Jan. 26 95 Sep 19 May 22 z29* Apr. 25 Mar. 15 z4* May 23 z7 60 35* a32* Sept. 6 Sept. 8* a42 40 Sept. a 10* Sept. 12 53 a43* Sept. Sept. 20* al9 21 al9* Sept. 2* a2* Sept. 35 Sept. 35* 44 Sept. 77* * Sept. 1* o* Sept. al3 Sept. * Sparks Withington Co— 6% cum conv pref .100 Stouffer Corp— Class A $2.25 cum pref * Thompson Products Inc com.* uTimken Roller Bearing com. * Troxel Mfg ] 2,765 1,422 uTwin Coach 55 Eng Richman Bros.... Seiberling 435 140 26 614 ... uRepublic Steel common 5,469 515 495 . ......* Corp Patterson-Sargent. 148 104 1,549 Sept. 14* al4 12* all* Sept. a56 Sept. "16* al5* Sept. 18 26 Sept. 68 Sept. Sale' 38* Sept. Sale 12* Sept. Sept. 42* 40 al04 105 Sept. 3 Sept. 3* 24* a22* Sept. 9 a8* Sept. 40 44 Sept. 13 Sept. 15* 12* Sept. 13* 3* 3* Sept. (•£) 13* 32* a32* Sept. 18 (x) 35 36 Sept. 19* 16* Sept. 1* * common 3 al5* Sept. 24 35* a32* Sept. 14 a35* Sept. 24 12* all* Sept. 4 al2* Sept. 4 ... 4,926 uohio Oil 2,242 1,998 2,855 17,531 24,333 1,390 1,886 .....* .100 _* 3,952 National Tile.. J.. * 2,918 Nestle LeMur "A" uN Y Central RR com * 6.835 430 Nineteen Hundred Corp A...* * 879 Ohio Brass class B 55 Ohio Confection Co cl A com.* 135 130 19* 20* 2* 943 uNat Malleable Steel Cast com* 1,046 258 10* 45 .1 9,223 National Refining $6 prior preferred... 3,028 8% cum pref 52 16* 15* al4* Sept. 55 .....* com Sept. 24 Sept. 5 Sept. 23 a4* Sept. 24 a34 Sept. 23 4 103 8* 40* 7,297 National Acme Co 6 114 3* 24 785 3* 33* alO* Sept. 3 a87* Sept. 10 al5 Sept. 24 Ay* Sept. 18 62 Sept. 26 aU2* Sept. 25 a34* Sept. 21 25 Sept. 10 17* Sept. 23 12 Sept. 19 a9* Sept. Sept. al5 Sept. 1* Sept. 57 Sept. all2* Sept. a32* Sept. 23* Sept. 15* Sept. 11* Sept. 6 Sept. 112* Sept. 2* Sept. a3* Sept. a30* Sept. a86 50 31* 45* * * Midland 10 86 15 zl9* Jan. 4 Sept. 21 6 24 4 * Apr. 13 21 11 8* Apr. 19 21 z66* Apr. 3 21 zl5 Apr. 18 zl9 70 9* 84 49 30* 50 .* Steel Prod 2,064 4,821 Miller Wholesale Drug 95 95 Sept. 19 95 Sept. 19 25* a23* Sept. 5 a25 Sept. 23 5 a4* Sept. 3 a5* Sept. 6 14 15* 15* 2 2* 1* 57 58* 60* 60* 113* 114* 112* 114 34 33 32 34* 22 24* 28* 25* 16* Sale 14* 15* 11* Sale 11* Sale 7 5 6 7* 114 114* 112* 114* .....* .... al3* Sept. 3 al5* Sept. 25 zl2* June 20* Sept. 12 24 Sept. 21 8* Mar. 4 4* Sept. 26 4* Sept. 26 May 6* Jan. 7* (*) (x) . a50 55 Sept.16 a54* Sept. 23 z45* May Sept. 9 all* Sept.25 ,8* May 11* all 4* 44 45 * Jaeger Machine.... Kelly Island L &T Highest Sale Prices ■ * com common Lamson-Sessions. Ask 32 29* 49* 3* 40* 22* "22* 10* 87* 12* 18* 17* 50* 9* 95 94 58 113 36 Lowest Sale Prices 29 4 ' Highest Sale Prices 16 9* ... 125 50 u 18* Lowest Sale Prices Sept. 30 Ask Bid Bid Preferred 100 557 988 Greif Bros Cooperage A com.* 517 Halle Brothers.............5 Preferred 50 1,142 351 Hanna (M A) $5 pref..—-.-.* 996 Uarbauer Company * 245 a Rid com. 10 Air-Way El Appli 1st 7% pf 100 Akron Brass Mfg com (new) .50 Amer Coach & Body 5 uAmerican Home Products—1 125 170 Par 1,191 uAddressog-Multigraph 1,234 2,045 2.060 1,893 2.061 535 Sept. 3 1940 ' ——• 49 Canfield oil 1,025 1 Jan. 2 September 274 80 23 189 RANGE SINCE JAN. Price Since Mar. 13 65 2 37 35* Feb. z25* May 28 38* z35* May 21 z52 2 Aug. 23 5* z6 July 23 zl3* 12 15* July 12 z42 May 21 z68* 4 Aug. 23 5* 5 3 May 22 4 6* Aug. 27 1* * Aug. 15 7* May 23 10* 50 June 14 65 z7* May 21 13* z26* June 10 z48* z80 May 28 z93* zl2* May 2Hz28* markets. x Aug. 15 June 19 Apr. 16 3 Feb. 14 Jan. Mar. 8 Mar. Jan. Jan. 7 3 20 13 27 21 2 Jan. 26 Jan. July Feb. Feb. 9 3 May 10 Apr. Jan. Jan. No print sales only* RANGE OF PRICES ON DETROIT STOCK EXCHANGE September Shares. 1939 768,354 ' Jan. 1 to Sept. 30 I 1939 1940 ' Stock Sales 1940 204,628 Stock Sales 2,682,817 Shares_ 2,357,224 AGGREGATE In Jan. 2 Jan. 1 Shares Shares 390 2,350 700 3,871 4,325 800 1,059 550 107 • STOCKS 550 12,197 1,160 1,143 350 19,044 1,075 175 """235 400 190 180 1,715 ""§28 1,451 420 3.915 1,485 5,144 2.204 6,524 1,600 785 "'533 370 9,855 Allen Elec & Equipment 1 5 12,175 Atlas Drop Forge common 8,595 Auto City Brewing common.. 1 1 42,987 Baldwin Rubber common 2,647 2,971 41,073 8,741 22,464 7,160 1,017 Bohn Aluminum & Brass 5 * 1,580 1,700 1,300 900 1,328 850 1,275 1,373 "7",339 750 100 2,170 300 2,214 1,730 469 2,925 540 11,551 "7",986 4,142 288 1,183 1,200 122 400 1,635 2,155 879 445 480 350 2,700 2,876 2,312 685 100 200 '""627 765 1,586 5.950 For 154 2 2 4 25c 27c 654 Sale ♦ 12He * * Detroit & Oleve Nav com 10 Detroit Edisoq common 100 Detroit Gray Iron Fdy 1 Detroit Mich Stove common 1 I,760 Durham Mfg Co 23 554 U54 154 954 Sale" 154 254 20c 554 iVA 90c 3 54 5 57,231 Federal Mogul common * 15,763 Federal Motor Truck com 25,<569 Frankenmuth Brewing com_.l 5.831 Fruehauf Trailer Co 1 com Gar W ood Industries com Gemmer Mfg Co class A 3 * Class B * General Finance Corp com.. General Motors common 10 Goebel Brewing Co common. 1 . Graham-Paige Motor com.._. 1 18,125 Grand Valley Brew common.. 1 Hall Lamp Co. common 5 Home Dairy class A » Hoover Steel Ball common. .10 Hoskins Mfg Co common..2.50 Houdaille-Hershey class A * Class B * 46,657 _* 19,449 Hudson Motor Car..: Hurd Lock & Mfg Co com 1 31,355 13,471 Kingston Products Corp 1 12.030 Kinsei Drug Co common 1 10 23,109 Kresge (S S) Co common 3,580 Lakey Fdy & Mach common. .1 13,301 LaSalle Wines & Champagne_2 145 Mahon (R C) class A pref 29,087 Masco Screw Products * 3,983 McAleer Mfg Co common 103,755 McClanahan Oil Co common.1 Michigan Silica Co common. Steel Tube Prod .1 2.50 * common Preferred 10 Micromatic Hone Corp Mid-West Abrasive com l 50c Moore (Tom) Distillery Co...l Motor Products Corp com * Motor Wheel common.._ 5 Murray Corp common 10 102 Muskegon Piston Ring com 2.50 * 101,3,51 Packard Motor Co com * 41,024 Parke Davis & Co com*-".".".2".50 * 41,393 Parker Wolverine Co com 26,441 Peninsular Metal Products. __1 Pfeiffer Brewing Co com Prudential Investing Corp * 1 Reo Motors Inc vtc 1 Rickei (H W) & Co common. .2 River Raisin Paper com. * Scotten Dillon common.. 75 669 Sheller Mfg Co common 10 1.1 1 common 1 25,357 Standard Tube Co class B_ 5,575 Stearns (Frederick) common..* 5% cum part pref 164 ..100 . 10 28,254 Timken Axle common 40.432 Tivoli Brewing Co common.. 1 * 4,191 Union Investment Co com * 6,907 United Shirt Distributors 33,094 United Specialties common.." 1 400 U S Graphite Co com 5 2.154 U S Radiator common 11 Preferred 1,662 50 4,930 Universal Cooler class A 24.156 see Class B page 61. Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices 2 Sept. 3 254 Sept. 4 18c Sept. 27 4 254 Sept. 24 354 Sept. 21 Sept. 10 654 Sept. 23 2054 Sept. 10 65c Sept. 5 754 Sept. 5 50c Sept. 16 954 Sept. 26 2254 Sept. 18 65c Sept. 5 854 Sept. 7 59c Sept. 23 954 Sept. 26 1554 Sept. Sept. 354 Sept. 60c 554 Sept. 20c 65c 854 754 154 Feb. 8 25a Aug. 13 July 26 454 June 10 2454 Feb. 29 16c 27 36 60c 854 June 7 1354 May 22 Aug. 24 754 July 15 52c 50c 7 Sept. 16 July 11 254 May 45a Apr. 26c May 8 6 7 754 Apr. 9 2854 Apr. 30 37 May 9 2354 Apr. 30 154 Feb. 20 1254 Jan. 4 154 Jan. 5 954 Jan. 3 95c 60c 70c 55c Sale 3 * * 354 Sale 1654 Sale 16 80c Sale 70c Sale 1 54 154 154 354 154 154 1654 Sale 154 Sale IF Sale Sale 16 Sept. 23 Sept. 4 354 Sept. 23 55c 154 ii-..1* 1235 15 l> 554 7854 1554 60c 78c 10954 111 154 151 154 Sale 62c Sept, 13 71c Sept. 20 10954 Sept 23 11054 Sept. 13 154 Sept. 28 154 Sept 28 3 2 Sept. 25 154 Sept 52c Sept 30 80c Sept. 6 1554 Sept. 9 1554 Sept 1554 65c 14 80c 52c 16 1354 Sale 554 Sale 2934 5 54 Sale 14 254 Sale Sale "70c" 73c 654 154 31 1254 4H 254 2754 4 54 3234 1034 234 5434 2% 6 1 3254 454 3254 3 3154 13 3 254 21 454 14 Sale 254 2254 5 2754 354 15 7 154 ----- 454 33 14 254 254 654 354 254 "15" "5" Sale" 254 48 54 Sale 1054 254 49 254 1354 Sale 495a 254 70c 50c Sale 37c 42c 30c 50c 754 9 6 3254 Sept. 6 354 Sept. 13 3054 Sept. 9 754 Sept. 1 Sept. 9 6 3254 Sept. 6 354 Sept. 13 32)4 Sept. 4 15 56c 554 754 Sept. 1 Sept. 3 Sept. 3 254 Sept. 25 22 Sept. 12 454 Sept. 10 3 Sept. 3 254 Sept. 26 2254 Sept. 11 554 Sept. 23 854 754 9 52c 2 Sept. 9 4654 Sept. 14 254 Sept. 16 50c Sept. 14 30c Sept.27 754 Sept. 17 254 Sept. 26 4954 Sept. 5 254 Sept. 3 60c Sept. 6 37c Sept. 17 9 Sept. 23 rA 125 June 30c 554 1354 1834 1354 16 1854 1854 10 11 1054 Sale 1254 1254 354 Sale 4 1754 Sept. 12 1054 Sept.20 1854 Sept. 18 1054 Sept. 23 30 1354 554 1354 Sale 45c Sale 1254 354 37c Sale 4 40c 35c 2 1 50c 53c 42c 49c 45c 2434 25 454 154 24 2454 354 154 2554 154 4 154 90c 18c 25c 254 Sale 454 734 154 Sale 2J4 95c 634 Sale Sale 6 4 154 1654 Sale 3 34 Sale 4454 Sale 1954 2054 854 Sale 154 154 654 654 154 2 Sale 85c 18c 154 554 70c ..... 754 154 Sale 154 6 Sale 454 Sale 154 1254 1554 654 354 3254 1854 11 154 754 IK 16c 154 554 66c 354 75a 154 12 96 23 254 254 354 Sale 25 5 254 254 18 454 75c 154 1354 82c Sept. 10 86c Sept. 21 154 Sale 15a 7 90c 4 8 Sale Sale Sale 3354 1954 1154 154 854 60c 1354 1354 16 18 654 354 3^ 1954 10 154 o54 1 3 254 254 2 21 454 154 Sale 1754 454 76c 154 10 Sale 35a Sale 2054 12 Sale 854 154 154 254 254 19 5 1 154 16c Sept. 154 Sept. 6 Sept. 66c Sept. 4 Sept. 754 Sept. 154 Sept. 50c Sept. 1254 Sept. 1654 Sept. 55a Sept. 30 23 9 24 23 o 13 27 9 6 9 o54 Sept. 11 3254 Sept. 10 19 Sept 11 11 Sept.27 154 Sept. 4 754 Sept. 9 154 Sept. 11 1 Sept. 11 254 Sept. 12 254 Sept. 4 19 Sept. 10 454 Sept. 13 87c Sept. 16 154 Sept. 4 19c Sept. l'H Sept. 6 Sept. 77c Sept. 454 Sept. 854 Sept. 154 Sept. 55c Sept. 14 Sept. 1654 Sept. 7 Sept. 4 9 19 24 4 26 20 23 25 6 23 3 54 Sept. 18 30 24 4 5 9 11 4 12 5 10 23 34 20 1154 154 7 54 154 154 254 254 19 454 1 154 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 13 3 16 100 24 Sale 5 Sale 2654 154 Sale 2 3 354 4 4 454 654 5 2554 'Sept. 10 154 Sept. 10 3 Sept. 2o 4 Sept. 7 654 Sept. 5 2854 Sept. 5 154 Sept. 4 3 Sept. 23 4 Sept. 7 654 Sept. 5 754 754 754 354 854 4 5 154 154 "454 1 554 154 2854 154 Sale 4 8 8 2754 154 3 454 251 151 Sale 45c 13 1654 154 254 2 54 2454 454 154 154 Sale 454 Sale 154 50c 1354 Sept. 5 454 Sept. 24 Sept. 16 154 Sept. 6 49c Sept. 26 2554 Sept. 30 454 Sept. 25 154 Sept. 4 40c Mar. 27 2 Apr. 5 15 21 15 22 12 10 12 19 23 28 22 26 Sept. 27 Feb. 9 July 1 14J4 May 15 10 May 28 28 May 22 9 May 21 3 May 15 33c May 15 1 May 21 18 3554 May 454 Feb. 1 8 34 154 1154 454 154 3 54 1554 Mar. 15 454 Jan. 3 254 Jan. 8 3254 Jan. 25 654 Apr. 23 Jan. 30 1354 Jan. 254 Jan. 56 Apr. 354 Apr. 154 Jan. 24 33 80c 554 1" 9 4 7 4 254 Sept. 11 Sept. 6 Sept. 154 Sept. 27 27 18 14 Apr. 1354 Apr. 6 Apr. 19 Apr. 1454 Feb. 28 May 1654 Apr. 654 Feb. Jan. 9 10 1954 May 22 254 May 14 154 May 17 26 Feb. Feb. 15 454 Mar. 154 Jan. 24 75c May July 14 11 24 Feb. 13 75c Sept.30 154 Sept. 23 5 May 24 60c July 11 16c 4 Jan. 7 14 11 9 17 18 29 15 60c May 6 16 Apr. Apr. Feb. May Mar. Jan. Jan. 18 1 6 15 12 30 21 1 23 254 May 28 1 May 1054 July 9854 Mar. 1854 May Aug. 2 May Jan. 7 4 1 Mar. 4 Feb. 6 _ 654 May 21 154 May 22 1 Aug. 27 254 May 24 154 May 15 1854 July 25 354 June 10 June 7 24 2 29 21 21 21 8 15 22 5 8 75c May 154 Jan. Apr. 27c Apr. 254 Jan. 9 154 Apr. Apr. 1154 Mar. 254 Apr. 26 July 154 Jan. 40c Aug. 954 May 1254 May 454 May 1654 May 254 May 315! July 18 July 854 Jan. 1 5 8 15 5 2 9 17 9 8 22 15 17 154 Jan. 52c Mar. _ 10 4 154 Sept. 8 Sept. 5 Sept. 154 Sept. Apr. 29 60c 35c 10 4 19 954 May 30c 85c 45c "Il54 "12" 1554 1 36c 40c, ..8 83c 354 154 154 1254 Sept. 3 354 Sept. 12 Sept. 24 154 Sept. 5 43c Sept. 16 2454 Sept. 9 354 Sept. 9 154 Sept. 10 37c 3 Apr. 13 154 Apr. 5 "15 54 Jan. 15 54 Apr. Feb. May 15 July 154 May 3754 May 2 May 50c July 8 21 654 May July June 2 1 75c 3 5 Feb. Jan. 2 Feb. 2054 Jan. 1054 May 254 May 2 May 22 Sept. 354 June 8 3 1854 Jan. 29 19 Vi Apr. 10 154 Apr. 23 July 27 Apr. Apr. Jan. Sept. 13 30 9 26 25 954 254 4754 254 654 75c Sale 90 5554 May 1554 Jan. 55c July 254 May 154 May 15 May 14 May 60c July 9854 May 1 May 154 May 19 15 554 2554 <5,710 Simplicity Pattern 754 50c 554 7654 1554 354 II,539 6,049 6.153 II,004 13.155 12,992 51c 1254 19 3 6,044 Parker Rust-Proof 754 354 2154 Sale 76 .4 5 Corp Michigan Sugar 65c 16 54 3,455 Eaton Mfg Co common.. 2,098 Eureka Vacuum Cleaner Mich Sale •2 54 Sale 654 Sale 2954 2754 5 90 54 154 4,980 1,671 33,534 2,957 60,235 67,435 1,824 21,384 8,953 82,164 354 19c Ask 9 154 33,112 158 7,403 7.026 754 25c 654 1 24,212 Ex-Cell-O 2054 50c common 254 35 2154 5 5 10 Detroit Paper Products 1 Detroit Steel Corp common. .5 10 780 Detroit Steei Products 1 3,032 Divco-Twin Truck Co otnotes 2 19c Ask Bid 2 Sale Weather 1 6,897 Consumers Steel Products 66,462 Continental Motors common .1 * 1,948 Crowley, Milner & Co com 225 Cunningham Drug Stores_2.50 1,071 Deisel Wemmer Gilbert com. 10 37,226 I,316 1,593 7,128 74.834 36,528 31,709 Bid Sale Prices Sept. 30 Sept. 3 Ask 1 Strip Co common 14,875 Chrysler Corp common.... 2,532 Consolidated Paper com 37,579 6,383 10,045 77.833 20,570 2,544 Bid 5 Bower Roller Bearing Briggs Mfg Co common Brown-McLaren Mfg Co Burroughs Adding Mach Burry Biscuit Corp Capital City Products Casco Products Corp 187 4",681 1940 Par Chamberlin Metal 657 1 Price Since September RANGE SINCE JAN. PRICES IN SEPTEMBER DETROIT STOCK EXCHANGE SALES May 24 1 June 28 754 Aug. 7 354 May 15 1 May 21 1854 854 1654 454 4454 2154 14 54 154 954 15 28 15 6 16 8 12 8 31 Apr. 30 Mar. 13 Feb. 2 Jan. 19 154 Apr. 15 Jan. 15 10 2 3 254 Apr. 25 7 Jan. Apr. 154 Mar. 154 Apr. 1454 Mar. 9954 Jan. 2854 Sept. 254 Jan. 354 Mar. 454 Apr . 7 54 Apr. 754 Feb. 254 Apr. 1154 Jan. 6 Sept. 254 Mar. 4 17 14 18 14 17 5 27 11 10 19 17 24 18 20 OCT., 1940] AQQREQATE SALES In STOCKS Jan. 1 Shares Shares 500 100 Sept. 3 1940 Par 4,941 1,493 12,411 103,567 42,265 24,800 2,495 Walker & Co class A * * - Class B Sept. 30 Ask Bid 1% 1 9c 27 30 25 4 3 3 — -- IK IK 3K Sale Sale 6Kc 11c 9c 12c 25 K 3K IK IK IK IK Sale IK 6K 7H 78 K 104 11 UK Ask 1 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 23 K Apr. 16 h 18K 23 K 3 _ 5,547 Young (L A) Spring & Wire..* Bid Ask Bid Universal Products common..* Warner Aircraft Corp com—1 Wayne Screw Prod common. 4 Wolverine Brewing Co com—1 Wolverine Tube Co com 2 46 Preferred 100 380 RANGE SINCE JAN. Price Jan. 2 September 1,320 4,405 61 EXCHANGE PRICES IN SEPTEMBER DETROIT STOCK EXCHANGE Since """165 STOCK DETROIT 7Kc 26 3 Sept. 9 Sept. 7 IK Sept.30 IK Sept.30 11c Sept. 19 26 Sept. 9 3K Sept. 23 IK Sept. 6 IK Sept.21 11c Sept. 19 7K 104 101 10K 101 103 10 11 11K 16K Jan. May 2K July 90c May 10 14 13 15 Feb. 15 23 1 9c Aug. 12 4K May 22 9 10K Sept. 17 7 June 10 8 10 Feb. May 11 IK Jan. 8 2K Apr. 8 25c 10 Apr. 6K Mar. 15 Feb. 29 105 104 10K Sept. 27 4 Mar. 29 13 K Apr. 16 UNLISTED DEPT.— 1,081 ♦ 10,040 American Radiator 100 2,427 Amer Tel & Tel Co 6,733 Anaconda Copper 50 1.955 Borden Company 15 3,129 Borg Warner Corp common..5 * 2,406 Budi Wheel Co 263 1,873 145 110 1,306 481 14,309 3,319 1,333 65 , 1,114 529 135 9 1,290 4,457 2,875 4,101 300 140 856 78 170 6.358 2,188 21,023 5,919 44,667 1,268 1,414 1,169 4,380 9.956 3,733 11,268 16,306 410 565 1,814 354 7,723 410 '50 254 252 137 1,561 3,226 5,159 * Sale 6K IK 162K Sale Sale 19 K 22 K Sale Sale 5K 5K Sale Sale Sale 1 Sale 6 Sale 7K Sale — Electric Auto-Lite Electric Power & Light. General Foods Corp 35 K 5 * * 1 Hupp Motor Car Corp 48 K 1 Kroger Grocery & Baking Co.» Montgomery Ward & Co * Nash-Kelvinator Corp 5 National Dairy Products ;♦ New York Central RR_. * Ks Sale Sale 2K Sale 29 Sale 30 K Sale 6K 16 K 18 K Sale Sale Sale 5K 13 K 13 K Sale Sale Sale 21 Sale Pennsylvania RR Co ...50 Purity Bakeries Corp... ♦ Sears Roebuck & Co Sale Sale 4,050 Internat Industries com...... 1 8,813 Jacobs (F L) Co com 1 3,747 Kennecott Copper Corp.. ♦ 1,420 ' Rights Sale Sale Sale Sale 22 Cities Service common ...10 Commonw & Southern Corp..* Consolidated Oil Co * Dow Chemical Co com .* 9 705 10 K 171K 7K 162 K 14K * 82K Sale Sale' ...15 12 K Standard Brands Inc.... U S Rubber Co U S Steel Co * 10 5K * 55 K Sale 58 K Sale Yellow Truck & Coach .1 15 K Sale 15 Sale Socony-Vacuum No par value. a Corp Deferred delivery sales. r Sale Sale Sold for cash. x 6K Sept. 160K Sept. 26k Sept. 18K Sept. 17 K Sept. 5K Sept. 5K Sept. 1 Sept. 6 Sept. 133K Sept. 3K Sept. 34K Sept. 5K Sept. 39 K Sept. K Sept. IK Sept. 2K Sept. 28K Sept. 29K Sept. 39K Sept. 5 Sept. 13 Sept. 13 Sept. 21 Sept. 11K Sept. 80 Sept. 8K Sept. 6 Sept. 20K Sept. 53K Sept. 14K Sept. 7K 166K 23 K 19K 18 K 5K 6K IK 6K 142 3h 37 5k 40 K Kb IK 2K 32 31K 43 K 5K 14 15 23 K UK 83 K 9 23 K 59K 15K Sept. 26 Sept. 6 Sept. 24 Sept. 25 Sept. 6 Sept. 23 Sept. 3 Sept. 3 Sept. 6 Sept. 11 Sept. 27 Sept. 6 Sept. 6 Sept. 23 Sept. 36 Sept. 10 Sept. 4 Sept. 25 Sept. 25 Sept. 7 Sept. 7 Sept. 9 Sept. 5 Sept. 24 Sept. 24 Sept. 24 Sept. 19 Sept. 5 Sept. 7 Sept. 24 Sept. 5 15! 4 May 22 10K Jan. May 28 175 K Mar. 13 July 26 23 K Sept. 24 June 10 24 Apr. 5 3 May 21 25K Jan. May 21 5K Sept. 23 June 8 6K Sept. 3 May 21 IK June 28 Jan. 8 4 May 22 Sept. 12 170K Apr. 11 Sept. 27 3K Sept. 27 37 May 21 Sept. 6 June 28 7 May 21 49 May 21 Apr. 15 Jan. 2 May 10 1 2 July 10 May 1 June 18 5 3K Mar 8 38 K Jan. 4 July May 22 34 K Apr. 13 May 22 43 K Sept. 7 May 23 7K Feb. 16 June 5 18K Apr. 17 June 10 18 K Jan. 3 May 21 23K Sept. 24 June 3 15K Apr. 4 May 22 83 K Sept. 24 May 22 2 12K Jan. 8 May 28 Apr. 8 May 23 23 K Sept. 7 May 28 59K Sept.24 May 22 15K Sept. Ex-dividend. RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Stock Sales 1940 1939 179,946 664,016 1,999,794 September. Jan. 1 to Sept. 30 2,433,946 Shares_ Bond Sales 1940 September Jan. 1 to Sept. 30 1939 $1,000 $306,000 761,50(M 183,500 AGGREGATE SALES PHILADELPHIA STOCK EXCHANGE In September Jan. 1 % PRICES IN SEPTEMBER $ Shares BONDS 1940 Bid Sept. 3 Ask UK Bid 12K .-100 671 Bankers Sec Corp pref 1,139 Barber Asphalt Corp— 7,400 Bell Tel Co of Pa pref. 50 677 12 K 12K Sale 171 290 40 250 28 5K 90 K * * ..10 50 * 193,185 Pennroad Corp vtc 85,482 Pennsylvania RR 384 Pennsylvania Salt Mfg 732 40 624 Phila Insulated Wire 2,200 Phila Rapid Transit 1,383 Salt Dome Oil Corp.... ...1 7,879 Scott Paper * Tacony-Palmyra Bridge— 919 Class A participating.. * 19,779 Tonopah Mining ......1 1,640 Transit Invest Corp 25 Preferred 25 13,941 50 4,057 Union Traction 25 336 .... 42 "~ 152 877 "2", 295 271 18,605 440 151 33,170 United Corp common Preferred 5,526 350,852 United Gas Impt common Preferred 6,393 2,586 Westmoreland, Inc 770 Westmoreland 213 » No par value. % Coal Ex-dividend 34 2K 3K 8K 29 K Sale 48 Sale 119 118 34K 2K 3K 8K Highest Sale Prices 66 Sale 12K Sale 162 K 12 Sale * — ..* Sept. 19 66 Sept. 19 2K 2K 7k IK 20 K 12K 10K 10K 10K Sale 118K Sale 118K 4K 4K Sale 3K 5 5K Sale Sale 75 K 79 79K 78 K IK 29 29 K 29K 30 Sale 49 K Sale 46 2K 119K 117 30K 29K 2 Sale 2 2K 2K 7K 7K 7K 118 29K 2K 30 2K 2K Sale Sale Sale 176 , 11K Sept. 171 2K 115K 116 30 K 30 • IK Sale Sale 20K 180 Sale 2K Sale 115K 116K 115K 31 30K 31K 2K 21K 188K 2K 15 15 14 19 12K Sept. 3 167 Sept. Sept. 231 12K Sept. Sept. 28 10K Sept. Sept. 30122K Sept. Sept. 4K Sept. Sept. 5K Sept. 80 K Sept. Sept. 2 Sept. Sept. 30 K Sept. Sept. Sept. 49K Sept. 161K Sept. 15 24 5 23 28 12 30 26 5 4 5 25 Sept.11 118 Sept. 7 30 Sept. 18 2K Sept. 12 2K Sept. 9 8K Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 24 Sept. 30 Sept. 25 Sept. 9 Sept. 26 Sept. 5 18 23 21 25 4 2K Sept. 19 23 188K 2K 116K 31K 15 Sale 11K 7 8 48 K 41 Sale 41K 38K 4K 40K 38 K 4K 41 3K Sept. 28 39K Sept. 11 42 44 47 44 47 K 46K Sept. 17 47 Kb K K K Sept. 12 K Sept. 12 4 Sale K X K K IK 1 IK 3K Sale 2K Sale 39 K Sale 14 K Sale * 116 * 10 * 12K 10K 120 29 K 14 50 60 50 7% preferred 2,212 Philadelphia Traction 79 Sale ♦ 2,275 5K Sale 4 28 K 54 K 2 Sale 1 23 K Sale .50 50 164 169 2K * 25 2,055 Penn Traffic common 2,252 Phila Elec of Pa $5 pref.. 23,228 Phila Elec Power pref 185 79 4 Sale 2,547 Lehigh Valley 4,259 National Power & Light 158 10K 120 5K Sale 1,026 Horn & Hardart (Phila) com..* 2,702 Horn & Hardart (N Y) com..* 23.329 Lehigh Coal & Navigation—* 149 11 14K Sale -..-5 2,927 Curtis Pub Co common 17,890 Electric Storage Battery 27,566 General Motors.. 2,557 70 Sale 163 16 * 5,322 Chrysler Corp 1,493 4,791 26,587 8,331 14 50 14 10 100 122 K 5K * 12,825 Budd (E G) Mfg Co 12,541 Budd Wheel Co 622 Lowest Sale Prices Sale " 1,373 1,255 Highest Sale Prices 11K Jan. 2 64K Mar. 28 14 Feb. 66 Sept.19 10 par 13,592 American Stores 16,212 American Tel & Tel 40 Ask 69 STOCKS Shares 679 Lowest Sale Prices Sept. 30 Ask Bid 2,000 Lehigh Valley ann 6s 1,708 1 Jan. 2 181,500 Elec 8c Peoples tr ctfs 4s__ 1945 "i~o66 RANGE SINCE JAN. ' Price Since 9K Sale IK 35 K 11K 113K 11 10 12 10 K -1,, K 3K K K K 3K Sept. 28 Sept. 21 Sept. 23 9K June May May 8K June 113 K Apr. 3 May 3K May 55 K June IK Sept. IK Sept. IK Sale 2 35K 36 34K Sept. Sale UK Sept. 11K Sale Sale 114 114K U2K Sept. Sale 10 11 9K Sept. 11K 10 14 14 9K Sept. 9 28 12 10 18 25 IK 36K 12K 113K 10K 11K Sept. 4 Sept. 17 Sept. 3 Sept. 23 Sept. 24 Sept. 9 Jan. Feb. Jan. May Jan. June June 10 May 107 K June 9K May 9K Jan. 3 Apr. 11 Apr. 6 Jan. 10 Apr. 2 Mar. 11 Feb. & Apr. 8- Apr. 8- Jan. 4 Sept. SOJ Mar. 21 Jan. 10 Jan. 20 Jan. 23 5 112K June 28 K June 27 14 Sept. 4 2K Jan. 30 4K Jan. 17 3 UK Jan. K 3K IK 26 K 4 Jan. IK Mar 14 14K May 22 May 31 2 K May 21 May 17 Jan. 159 K Mar. 10 Feb. 111K May 18 125K 27 June 10 35K IK May 23 2K 3K IK May 28 5K June 11 8K 38 31 Jan. May 3K Sept.28 34 K May 15 8 8 21 Apr. 25 June 25 38 June K Sept. 12 K Sept. 21 Apr. Jan. 2 Jan. 4 Feb. 6 8K May Apr. 2 4 49 48 K Mar. 7 K Feb. 14 K 1 4H 2K 41K 15K 117 K Feb. 29 Jan. 10 Feb. 3 Jan. 6 Feb. 13 Jan. 6 Feb. 24 12 Apr. 10 12 K Apr. 9 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE - vw • SAN In Jan. 2 Since Jan. 1 % $ "3", 660 BONDS 1940 21,000 Atlas Diesel Eng Co 6%.-1945 4,000 Coast Co G & E Co 4%...1965 Ask Bid Bid Highest Lowest Highest Sale Prices Sale Prices Sale Prices Lowest Sept. 30 Sept. 3 Ask Bid Sale Ask Prices 100 108 Sept. 17 108 Sept. 17 Jan. 108 July 128 100 100 98 16 1014 May July 5 108 1 5 Apr. 4 Feb. Commonwealtn Edison Co— 22,000 34% 1958 32,000 Market Street Ry Co 7 % .1940 2,000 5% 1945 1,000 S J Lt & Pwr Corp 6% 1952 2,000 S P Co (O P stk col) 4%.. 1949 4 4s 8,000 1969 UNLISTED BONDS— $1,000 Miller & Lux C of D 6%.. 1945 Shares 5,630 230 1,597 2,460 940 """55 ""360 2,925 2,613 150 50 STOCKS Shares 4,610 l",6l7 146 24 5,050 636 5,900 1,723 135 341 443 390 138 5,015 43,203 1,272 27,840 2,374 1,124 21,010 12,780 122,304 13,202 5,979 1,037 2,019 13,312 2,920 555 478 * Class B Calif Cotton Mills capital—100 Calif-Engels Mining Co 25c California Ink Co, Inc. capital * California Packing capital * 50 Preferred Calif Water Service Co pref._25 Carson Hill Gold Mg capital-.1 Caterpillar Tractor capital—* MgCo com_._l Chrysler Corp common.. .5 Olorox Chemical cap 10 Coast Cos G & E 6% 1st pf.100 Columbia Broadcast Sys A-2>6 Commonwealth Edison 25 Consol Aircraft Corp com 1 Central Eureka Consol 1,208 Chemical 669 142 263 710 250 ""358 489 305 32 22 701 348 500 36 95 365 4,905 828 523 306 2.058 226 346 10 1,380 1,610 5,237 7,037 81,038 4,150 6,334 1,580 543 7,387 430 414 Sept. 16 434 Sept. 23 1024 Aug, 22 1024 Aug. 22 18c 39 10c» 44 44 24 ' 44 110 Sale 44 54 34 , 111 64 84 2.00 lis 15 4 18 2.25 114 Sale 50 1.75 27 10 64 2.00 1.00 3 20c 2.40 2.10 Sept. 14 2.40 Sept. 24 44 54 44 Sept. 27 44 Sept. 27 74 Sept. 10 44 Sept. 4 74 Sept. 3 44 Sept. 26 6 Sept. 24 5c 108 5 1.25 12 114 50c 40c 11 1 16c 41 84 504 27c 614 34c o44 Sale 894 91 54 3 4 124 Sept. 23 124 Sept. 9 2.10 Sept. 25 32 Sept. 5 84 Sept. 5 10c Sept. 14 84 Sept. 5 17c Sept. 10 174 Sept. 27 50 Sept. 7 264 Sept. 30 20c Sept. 19 174 Sept. 6 51 Sept. 27 264 Sept. 30 22c Sept. 13 34 Sept. 3 764 Sept. 16 79 ""74 50c 10 "37"" "43"" 174 174 514 48 106 4 23 52 15c 474 474 494 34 Sale 764 llH 47 1004 101 25 324 Sale 29 28c Sale 30 19 21 304 224 314 234 21 214 6 54 Mar 114 Sept. 4 114 Sept. 30 2.10 Sept. 25 32 Sept. 5 20c 34 4 124 264 Sale 464 Sept. 1.30 Sept. 18 174 504 264 50 Sept. 16 HI 1.25 Sept. 28 254 23 4 4 51 78 25c 794 46 4 53 100 1004 184 304 234 July 54 June 3 May 3 May 3 May 103 May 6 32c 35 17 40c 109 Sept. 2.25 114 Sale 2.00 34 64 5 34 May 29 64 Feb. 29 2 Aug. 22 44 May 23 8c 10c 74 Sale 44 Sale 5 54 34 24 32 ""74 lo 41 Sale 2.30 9 11 20c 5 II 17 23 15 23 74 Mar. 27 20 2.25 May 244 Sale 74 84 54 54 224 64 5 34 Sept. Sept. 6 7 994 Sept. 24 1004 Sept. 4 Sept. 23 204 Sept. 24 204 314 244 20 23 6Jl 214 Sept. 4 6 Sept. 17 5 Sept. 9 23 144 Sept. 854 Sept. 164 Sept. 884 Sept. Sale 9 154 Jan. July 26 May 21 Aug. 16 2.00 Mar. 15,992 785 280 17 320 174 90 S He 60c 1.95 70c 2.50 11 54 147 280 154 874 295 154 Sale 50c 80c 2.00 1.25 84 64 , 138 34 146 8 4 94 18 404 11 35 95 9 4 11 Sale 414 Sale 24 84 174 404 9 5 10 184 414 94 33 26 32 36 4 39 44 90 93 Sale 278 15 86 3 19 50c 1.25 7 34 May Apr. 22 8 Sept. 74 Aug. 65c Apr. 64 May 10c Sept. 35 May 14 May 494 Aug. 5 30 16 21 14 21 21 1 40 9 52 4 Jan. 9 24 4 June June 15c 11 264 July 27 10 32c Jan. 8 32 Mar. 25 65c 17 25c Sept. 5 64 Sept. 25 54 Sept. 4 FeOt 14 6 87^4 64 Sept. 64 3 Sept. 34 1364 1344 Sept. 3 Sept. 34 34 3 5 34 Sept. 84 104 18 Sept. 174 184 41 404 Sept. 424 9 8 Sept. 94 27 25 30 Sept. 44 44 Sept. 45 Sale 95 914 Sept. 28 Sept. 29 274 1.15 Sept. 1.15 1.40 17 19 Sept. 164 25 264 1.15 17 20 20 224 194 Sale 194 64 484 8 Sale 49 5 6 29 31 54 84 104 124 54 9 114 144 29 33 5 7 Sept. 23 34 Sept. 20 1344 Sept. 11 3 4 Sept. 23 34 Sept. 5 3 9 Jan. 1 Mar. Apr. 12 Feb. 27 Feb. 15 Sept. 24 Apr. 8 314 Apr. 15 194 May 24 264 May 1 94 Feb. 21 6 Apr. 6 54 Aug. 9 June 12 4 64 54 29 5 84 11 204 Sept. 5 74 494 6 7 Sept. 464 Sept. 54 Sept. 31 Sept. 54 Sept. 84 Sept. 19 12 4 18 17 4 7 Sept. 494 Sept. 54 Sept. 31 Sept. 54 Sept. 9 Sept. 19 24 5 18 27 4 13 Sale 29 77 6 134 Sept. 10 164 184 15 16 16 50c 55c 50c 55c 50c Sept. 13 Sept. 26 174 Sept. Sept. 55c 4 5 May Apr. 7 8 Feb. 29 2 May May Apr. 2 1 6 Feb. 16 38 42 41 12 Sale 12 134 12 11 13 11 Hunt Bros Packing .common. 10 Preferred 10 65c 41 13 34 14 64 Hutchinson Sug Plant cap.. 15 IXL Mining Co. 2 Pesos Laugendorf United Bak ci A._* .Class B * 1.80 144 5 404 44 85c 2 8 2.50 16 64 41 34 65c 44 154 64 8 38 42 42 38 42 .1 27 29 64 274 44 7 28 * 30c 26,298 Magna vox Co .Ltd capital. .24 * 9.053 Maguln & :Co (Uncommon 65c 75c 75c 29 4 284 64 Sale 274 284 44 54 30c 75c Inc common Libby McNeill & LIbby com.. 7 Lockheed Alrcr Corp.com.... 1 Lyons-Magnus Inc A * Class B 7 100 Preferred Marchant Cal Mach Co com 100 5 144 Vleler & Frank Co..........10 Menasco Mfg Co common .1 Nat Auto Fibres Inc com 10 2.50 stk._l 12,660 Occidental Petrol Corp com__l Moffatt & Co— Class AA common ._.* 54 84 105 154 114 3 74 84 Sale 7 3 4 '28 4 17 28 14 10 2.50 94 24 21 11c 10c 70c 71c 8 100 154 104 2.40 154 12 Sale 74. 84 84 Sale 22 164 94 18 204 23 15c 26 Sale 34 Sept. 14 34 Sept. 14 14 Sept. 10 Sept. 20 7 21 23 18 28 22 21 13 12 June Jan. 13 31 14 4 May 22 Apr. 5 22 Feb. 23 74 Jan. 13 8 Apr. 6 74 Feb. 56 34 64 114 174 154 14 Sept. 10 Sept. 20 84 7c Sept. Sept. Sept. Sept. 29 Sept. 64 Sept. 274 Sept. 24 21 24 21 5 30 10 15 54 404 40 30 64 304 Sept. Sept. Sept. Sept. Sept. Sept. Sept. 23 21 24 19 24 30 23 4 Apr. Apr. 11 Apr. 15 5 204 Jan. 40 76c Feb. 8 33 June 44 Feb. 19 174 Jan. 124 Jan. 64 Feb. 3 6 19 13 3.50 10 274 104 July 84 July 34 Sept. July 1.75 July June 7 114 May 44 June 34 June 354 June 21 May 54 June 23 4 June 44 Feb. 25c Sept. 14 74 Sept. 18 65c Sept. 26 84 Sept. 4 75c 13 6 20 4 3 19 3 5 20 10 154 Sept. 26 114 Sept. 27 2.90 Sept. 5 8 Sept. 7 9 Sept. 24 2.55 Sept. 19 184 Sept. 5 174 Sept. 21 104 Sept. 5 264 Sept. 19 44 Sept. 10 44 Sept. 18 15 Sept. 114 Sept. 2.40 Sept. 74 Sept. 84 Sept. 2.55 Sept. 17 Sept. 164 Sept. 9 Sept. 25 Sept. May 50c Jan. 7 July 100 Aug. 124 May 94 May 1.75 Jan. 54 May 74 May 1.15 Feb. Mar. 27 4 84 34 164 84 Apr. Apr. Feb. 8 404 Sept. 24 Apr. 5 Jan. 3 Apr. 22 414 Apr. 15 5 Apr. 12 35 9 30c Feb. 1.30 Apr. 94 Jan. 106 Feb. 20 17 19 29 194 Apr. 23 124 Apr. 11 4H May 17 Apr. 13 104 Mar. 28 Jan. 15 June 28 14 June 284 Jan Jan. 18 2 44 4 74 June 194 June - Feb. 28 2.50 May 10c 15c 7 5 6 May 23 2.80 May 144 54 404 394 Apr. Mar. Mar. 50c 50c 7 102 2.50 19 3.50 Sept. 13 Sept. 5 2.50 134 44 2 46 ... capital 13 85c 14 64 1.30 39 Preferred Leslie Salt Co Sept. 13 Sept. 3 Sept. 11 Sept. 23 Jan. 10 2.20 Mar. 11 11 Sept. 30 12 26 Jan. 9 20 Sept. 37 13 33 Jan. Jan. May May May May May May Aug. 44 274 34 74 12 324 454 994 33 4 Sept. July May June 38 Jan. Mar. 194 June 17 11 44* Sept. Jan. 34 104 54 1344 3 4 84 104 204 June 34 Sept. 84 May May May 36 4 May 70c 5 May 3 Sept. 1344 Sept. 3 12 June 95 174 May 18 3 54 84 114 1 Apr. 21 It* 2?H 194 Sept. 32 300 184 Sept. 4 414 Sept. 5 9 Sept. 10 27 Sept. 6 444 Sept. 26 95 Sept. 30 28 Sept. 9 1.25 Sept. 18 17 Sept. 25 21 38 34,692 7,498 310,034 32.664 8 33 May 124 May 754 May 50c July 1.80 Sept. 1.80 Sept. 64 20 1.40 80c 1.65 10 766 Apr. 16 Apr. 15 404 Mar. 264 Feb. May 17 55 2.75 May 15 8 574 .Tune 57 43 4 Aug. 23 994 Sept. 24 109 June 18 204 18 285 133 174 34 4 2.00 154 874 10 Co of Calif capital LeTourueau Mar. 29 284 June 12 23 Aug. 31 320 .50 7,709 12,386 5,317 61,511 2.052 8 Feb. 84 July 30 54 Mar. 25 9 74 Feb. 3 May 15 Jan. 10 125 45 Honolulu Oil Corp Ltd cap—* Honolulu Plantation capital-20 Hudson Motor Car com 10 1,356 124 ....* Gil 95 50 78 40 1.55 35 8 80c ....* Preferred Natomas Co capital * 33,098 North Am Inv Corp com...100 1,723 6% preferred—........100 794 54% preferred.. 100 306 13.989 North Amer Oil Consol cap.. 10 1.645 Occidental Insurance capita!. 10 3,091 424 Home Fire & Mariue insur 353 1,332 14* 15,518 Hawaiian Pineapple Jo..--—* 20,910 Holly Develop Co common..-1 398 696 126 175HU Gladding McBean Co com..-* Golden State Ltd capital.....* Greytiouud Corp common * Hale Bros Stores inc capital..* 823 Hancock 9.474 8,610 3,787 Sale 121 4 5 6c 74 7 33 4 1.50 82 ""10 4 8,204 Food Machinery Corp com-.10 5,170 Foster & Kleiser common..24 Class A .preferred.. .25 891 Galland Mercantile Laundry— ..Common (capital) ..... * 861 General Metals Corp— Common capital ____.24 7,452 ...10 43,054 General Motors 9,526 General Paint Corp common.* 220 781 285 50c 64 34 304 359 875 . 64 Sale 20 332 Ewa Plantation 1,162 Fireman's Fund Indem cap..10 7,673 Fireman's Fund insur cap..25 1,025 ""810 10c 44 6H 139 Chemical Co common Rights to subscribe 6,617 El Dorado Oil Works cap....* 1,439 Electrical Products Corp.__._4 18,152 winporium Cap well capital—* Preferred w w 50 6,018 4.473 Emsco Derrick & Eq Co cap..5 18,254 1,082 1,373 6,974 30 2.35 Sale 64 3,763 234 145 414 —--_- ...... ijow 1,432 ""266 484 61 National Bank 90 *San Francisco cap 100 5 190,898 Crown Zellerb Corp com Preferred 12,514 2 1,100 Cypress Abbey Coconmon 4,958 Di Giorgio Fruit Corp com.. 10 Preferred 100 3,291 * 3,910 Doernbecker Mfg Co 45 3,763 44 Mar. 82 14 Industries inc class A partic pref * 14,441 5,793 Consol Coppermines Corp cap 5 10,123 Creameries of Am inc com—.1 Crocker First 8,739 8 July 3 1334 Apr. 26 1334 Apr. 26 July 23 39 July 23 39 414 Sept. 16 434 Sept. 23 June 53 58 Par 8,374 Aircraft Accessories Corp A_50c 6,761 Alaska Juneau Gold M cap.. 10 Angio-Amer Mining Corp Ltd Common 1 6,864 24,573 Anglo-Calif Nat'l Bank 20 20,077 Assoc Ins Fund Inc com cap. 10 14,374 Atlas Imp Diesel Eng Co 5 111 Bandini Petroleum Co com___l 1,569 Bank of Calif Nat Assn cap..80 800 Beech Aircraft Corp common. 1 17,960 Bishop Oil Co cap 2 14,901 Byron Jackson com cap * 19,519 Calamba Sugar Estate com..20 4,003 Calaveras Cement Co com.... * 360 Calaveras Cem Co 7% preflOO 245 Calif Art Tile Corp class A— 35 205 5 130 644 Feb. 27 . ~8", 660 1 Price STOCK EXCHANGE September RANGE SINCE JAN. PRICES IN SEPTEMBER FRANCISCO $1,000 7 JC aggregate sales 1939 1940 $11,000 September 1,251,684 361,572 Shares_ September Bond Sales 1939 1940 Stock Sales 11 May Jan. 3 7 3 19 264 Sept.19 Feb. 19 28c O'Connor 215 * 884 No par value. 54 44 44 34 June 29 54 Apr. 8 63 SAN FRANCISCO STOCK EXCHANGE OCT., 1940] AGGREGATE SALES In PRICES IN SEPTEMBER SAN FRANCISCO STOCK EXCHANGE September January 2 1940 STOCKS Jan. 1 Shares 385 Shares 3,735 28 200 432 100 2.545 4,186 6,962 2,227 1,177 70 837 1,297 115 40 83 2.469 20 120 243 760 600 1,166 208 1,376 555 425 10 1,699 3,925 79 "¥,564 560 507 230 578 — 973 Pacific Western Oil 2.086; Phillips Petroleum Co 2,513 61,300 13,480 2,530 58.848 25,653 10.440 126 * cap Pig'n Whistle Corp partic pf_* Puget Sound Pulp & Tim * Ry Eq & Realty Co Ltd com. 6% preferred .......100 Rayomer inc common......-1 Cumulative preferred.....25 Republi# Petroleum Corp....l .......50 Preferred 22,645 Rheem Mfg Co 61,866 Richfield Oil Co common....* Com stock purch warrants. 1,552 2.886 Roos Bros Inc common......1 Series A preferred.. 491 100 129,102 Ryan Aeronaut Co com cap..! 5,773 Safeway Stores inc common..* 3,231 SChiesinger (B F) com.. * Preferred25 4,604 6.988 Shell Union Oil Corp com * 40 54 % cum conv pref... —100 ...... 46 670 5.958 """338 770 6.132 1.310 """"2d 387 21,395 110 68,700 3,498 2,986 285 624 640 1.195 962 3,505 30 15 841 5,469 Signal uii & Gas Co class A.. * 118,766 Soundview Pulp Co 5 Preferred .100 1.402 .... ""In 175* 1754 121 126 54 42 H 1.35 Sale 12 4 2.75 125* m 154 101 55* 46)4 1.25 6 2.50 27 29 97 65* 135* 7 14)* 6 m4 175* 13 55* 1.35 295* 325* 295* 385* 215* Sept. 4 Sept. 5 Sept.18 Sale 1.20 29 325* 295* Sale 39 41 108 Sale 1075* 454 1258 175* 125 37)| 34 100 365* 102 99 43 39 37 33 35 34 1.00 1.10 90c 19 175* 42 36 3 1 165* Sale 90c 175* 2.60 14 Sale 195* 85* 60c 13 108 101 Sale 485* 1.60 Sale 108 45* 285* 295* 995* 345* 29 315* 3,5 14 15 8 75* 2.40 17 165* 305* 135* il* 17 29 1.85 35 28 1.75 165* 30 19 1.75 85* 1.85 Sale 1.85 315* 135* 75* 1% 1.00 Sept. 45* Sale 455* 2.25 5 6 i 95* 85* 106 99 15* 45* 425* 445* 1.50 2.50 m 65* •95* 106 102 35* 5 45* Sept. 455* Sept. 1.50 Sept. 55* Sept. 85* Sept. 25 27 245* 245* 235* 245* 24 100 5*.100 98 100 101 33 34 I 335* 345* 335* 85* Sale | 85* 85* Sale 5c 55* 185* 55* 425* 6 Sale Sale 23 3c 45c Sale 8c 60c 6c 95* 19 16 2.90 2D* 215* 35* Sept. Sept. Sept. Sept. Sept. 20 19 27 26 405* 55* 185* 24 45c Sept. 95* Sept. Sept. 954 Sept. 45* Sept. 26 5 Sept. 5 6c Sept. 135* Sept. 26 7 )* Sept. 25 85* Sept. 95* Sept. 35* Sept. 12 Sept. 4 85* Sept. 95* Sept. 4 Sept. 125* Sept. 95* Sept. 235* Sept. 13 75* 235* 85* 85* Sept. 26 235* Sept. 275 2735* 290 18 195* 195* Sale 195* 205* 205* 22 19 22 20 275 Sept. 5 286 2.25 1.55 2.50 7 3 9 6 Jan. 18 3 4 85* Jan. 1.50 Jan. 25 175* Feb. 29 1085* Mar. 30 Jan Apr. 24 52)4 Apr. 4 1.90 Mar. 10 4 65* Jan. 125* May 3 1075* Feb 21 1.50 May 24 Mar. 20 22** 42 May 9 9 100)* Feb. 34 5* Jan. 10 3 15)* Jan. Tan. 6c Jan. 12 455* Apr. 16 June 12 Sept. 26 July Apr. 6 Jan. 26)* Jan. 33)* Feb. 20c Feb. 12 4 27 5 16 60c Feb. June 12 June 96 May 6 May 10 6t* Mar. 14 18 175* July 15c 5c Sept. May 6)* Sept. 12 4 May 65* Aug. 45* Jan. Jan. 18 6 175* Jan 10 Apr. 5 235* Apr. 15 3 154 Jan. 14 Apr. 16 May 2 May 2 Sept. 24 Apr. 22 12 Jan. May Aug. 23 97 June May 24 100 Feb. 8 Sept. 20 265 June 121301 Apr. 8 10i 224 May 9 195* Sept. 25 15 19 21 it4 390* 15 1.65 Sept. 20 Feb. 9 27 7 21 1.60 \m 38 19 4)* May 175* July 185* Sept. 13 Sept. 10 11 3 8 110 273 9 43 5* Feb. 23 Jan. 17)* May 22i 45c 9 80 75* Apr. 295* May 40)* Sept. 20 16 5 10 3 Jan. Jan. 30 Feb. 20 Jan. 2 Mar. 7 Jan. 12 245* Mar. 295* May May June 5c 45c 165* §g ilA Jan. May 5 Apr. Apr. Jan. 15 Jan. 25 Feb. 2 1.35 Jan. 2 May May 95 4 June 28)* May 65* May Sept. 20 Sept. 23 Sept. 6 Sept. 6 1 Feb. 27 Jan. 54 39 May 6c 40)* Sept. 5 Sept. 175* Sept. 20 Sept. 8 A Apr. 26 May 20 1005* Jan. 21 5c Sept. 20 125* Sept. 10 65* Sept. 14 125* Sale 155* 255* Sept. 265* Sept. Sept. 19i 100 Sept. 16 34 95* Sept. 185* 10c 7 June July 8 93 Sale 10 138 June 17 154 Aug. 17 1.50 22 10c 60c 95* 875* 89 45* Sale 17 175* 125* 12 7c '405* 40 June 99 23 55* 1854 25 P 14 May 245* May 1.75 Aug. 31)* Sept. 12)* May 55* May 75c May 125* June 100 Aug. 35* May 39)* May 1.50 May 45* May 55* Sept. 455* Sept. 1.70 Sept. 6 Sept, 95* Sept. Sale Prices 9 235* Feb. 5 5* May 8 7 55* Feb. 95* 22 21 155* 25 1.50 22 10| 22 21 315* 21 50 21 1085* 21 55* 21 1.50 Apr. 11 July 35* 245* *38"" 12 5 11 May May May May June May May May May May May 395* July 295* June 90c Sept. 125* 1854 Sept. 3 Sept. 165* Sept. 185* Sept. 29 Sept. 1.85 Sept. 315* Sept. 145* Sept. 85* Sept. Checker Cab Co— S^rLs 1 50 25 Series 2 50 5,474 Yosemite Portl Gem Co pf—10 2,364 395* Sept. 21 1.25 60c 1.25 18 19 145* 103 1015* 105 435* 1.35 4 5* June 29 55* 10 12 20 35* 95c 18 24 255* 6 28)* 23 255* 40 34 Sept. 6 108 Sept. 16 100 Sept. 7 35* 18 16 Sept. 23 128 Sept. 7 113 1525* Sept. 12 142 55* 28 Sept.12 38""" Sept. 20 96 Sept. 27 Sept. 27 100 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Highest 16)* May 24 3 May 22 135* Sept. Sept. Sept. 295* Sept. 335* Sept. 305* Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 395* Sept. 21 Sale 15 215* Sept. 5 45* Sept. 6 55* Sept. 18 . 1.10 155* Sale 065* 38 , 135* 104 Lowest Sale Prices 150 2.75 Sale 3 2.50 40 34 isji 6 122 100 165* 184 Highest Sale Prices 1515* Sale 65* 55* 96 50 215* 45* 5 153 55* 35 404 4 29 5 150 205* 1.25 Sale 4 Ask 4 33.. Sale 295* 305* 385* 405* 1055* 108 5,287 Sou (Jai Gas Pfd 6% cum A..25 335* 88,183 Sou Pacific Co com (cap'l).lOO 14 4 Sale 900 Sou Pac. Golden Gate cl A * 3c 15c 5,420 Sperry Corp common v t c 1 45 465* 4,530 Spring Valley Co Ltd capital-.* 6 5)* 128,748 Stand oil Co of Calif capital.. * 25 X Sale 11,737 Super Mold Corp of Calcap 10 325* 324 23.731 Texas Consol Oil Co com.....l 14c 45c 2,295 Thomas Aliec Corp class A... * 40c 80c 14.677 Tide Water Assoc Oil Co com.10 11 105* 314 4 4 % preferred .100 89 92 293.599 Trausaraerica Corp capital 2 55* Sale 522 Transcontinental & West Air.5 iTreadweil Yukon Corp Ltd— 172,778 Common capital 1 12c 20c 57.9421 Union Oil Co of Calif cap...25 165* Sale 15.056 I'niou Sugar Co common 25 8 854 18,200 United Air Lines Trans 5 16.394 Universal Cons Oil 10 40,148 Vega Airplane Co 1)4 8,829, Victor Equipment Co com—1 9.095' Conv cum pref 5 5.765 Vultee Aircraft Inc capital—1 1,235 vVaialua Agricultural Co—-.20 28 82 Weill & Co com 100 95 600 Wells Fargo Bk A Un Tr caplOO 276 300 Western Pipe & Steel of Calif 15,526 common ....10 17 175* Yellow 906 5 29 capital..lo 12,447 Parafflne Cos, Inc, com.. * 1,105 4% cum conv pref 100 Philippine Long Distance 2,355 Tei Co capital 100 Pesos 215* 45* 55* 75* 145* 35* 45* 65* 135* 35* 1.20 Sale 100 140 Sherwood Swan Co Ltd cl A.10 325 4,046 • Lowest Sale Prices Sept. 30 Ask Bid 20 3,794 Oliver United^, Filters Inc A * 15.379, CliissB •! 1,616 Paauhau Sug Plant Co cap..15 7,396 Pacific-Amer Fisheries Inc...5 9,828. Pacific Can Co... ♦ i,670!Pacific Clay Prod capital * 30,002 Pac Coast Aggregates com...5 88,888 Pacific Gas & Elec Co com..25 80,231 j 6% 1st preferred. -.25 28,776! 54 % 1st preferred.......25 31,857 Pacific Lighting Corp com—* 2,9771 $5 dividend pref * 16,053 Pac Pub Serv com * 17,202 First preferred —...* 3,737 Pac Tel & Tel Co common..100 6% preferred Sept. 3 Bid Par 1,765; RANGE SINCE JAN. Prices Since Sept. 27 T.65Sept."20 June May 18 17 May 15 1.45 July 16 22 Feb. 17 May 15 2.90 Jan. 5 15 UNLISTED STOCKS 110 1.235, 42.040 " 1,945 740 , 700 182 830 100 2,900 21.929 255.713 100 16,883 13.900 9,250 \merirart Factors Ltd rap 20 Amer-Hawaiiah SS Co com..10 Amer Pow & Lt Co common..* Amer Rad & Stand San Amer Tel & Tel Co Am Toil Amer com.. com.._. 20 * com..50 215* 115* Anglo Nat Corp cl A com Argonaut Mg Co Ltd capital. 808 2,088 1,343 12,244 114 567 169 595 """"25 Sale 94c 98c 69 263 625 150 100 5.598 Hill St Sullivan Mg & Con Co common 24 Calif-Oregon Power— 6 % pref (non-callable) 100 6% pref U927 series)—. 100 Calif Pacific Trad Corp pref. Chesapeake & Ohio RR com.25 Cities Service Co....... 10 Claude Neon Lts Inc com 1 225* 125* 225* Sale 2.25 3 215* 35* 3 2.15 25* 1! 165* 75* 155* 7 45* 25* 35* 305* 155* 65* 45* 25* 45* 315* 1.10 18 35* 315* 135* 145* 2,210 347 '""327 7,902 4,746 69,700 7.342 865 5,189 80 90 1,892 16,552 1,801 130 50 50 2,860 281 259 665 775 50 10 18,000 "33 782 4,095 Assn Inc common —* Consol Edison Co N Y com * Consol Oil Corp common.. .* Curtiss-Wright Corp com 1 Dominguez Oil Fields cap....* Dumbarton Bridge Co com.. 10 &iec Bond St Share Co com 5 Fibreboard Prod.Inc. pr pf.100 General Electric Co com ..* Goodrich (B F) Co common..* 456 Hawaiian Sugar Co capital..20 510 Hobbs Battery Co cl A capital * 350 Uoobs Battery cl B cap. * | 551 Honokaa Sugar Co capital 20 Idaho Maryland Mines Corp— 61,820 Capital 1 5,088 Internat Nickel of Can Ltd..* 6,412.Internat Tel & Tel common..* 7,024 Kennecott Copper Corp com.* 839 Marine Bancorporation cap..* 27,902 Matson Nav Co Capital * 270 McBryde Sugar Co Ltd cap. .5 3,275 McKesson & Robbing Inc com 5 82,350 M J & M & M Consol capital.! 85 Monolith Portl Cement com * 591 8% Preferred ...10 •* Montgomery Ward & Co, 8,533 Inc, common. ...» 58,432 Mountain City Cop Co cap..5c 3 No pur value. t Formerly Bancamerica Blair Corp. 135* 1.00 Sept. 19 40c^ 50c 55 5 40c 8 ' 265* 55* 75* 295* 25c 55* 85* 27)* 6 75* 30 345* 115* 21)* 3 Sept. 6 Sept. 4 2.15 Sept. 11 2 Sept. 20 165* Sept. 25 12 45* Sept. 7 315* Sept. 25 1.35 Sept. 20 115* Sept. 10 135* Sept. 25 905* Sept. 26 4 6)* Sept 4 Sept 27 4 40c Sept. 6)* Sept. 5* Sept. 40c Sept. 5)* 25 65* Sept 26 75* Sept 12 295* Sept 28 27H 6)4 85* 305* 55* Sept. Sept. 335* Sept. 50c 10c 7 3 5 65* 48)* 55* 265* 2 215* Sept. 30 22 Sept. 25 55* 275* 24 315* 245* 255* 2.85 3.00 305* 225* Sale 35 5 5M 2.50 3.50 2.50 75* 85* 75* 85* 395* 3)* 405* 35* Sale Sale t Odd lotr. 4 75c June 70 May 20 May 22 Mar. 20 Jan. 18 June 10 6 2S* id* g* 20 June 7 55* Sept. 16 4 *7)*"Septri4 "75* Sept." 14 415* Sept. 35* Sept. 415* Sept. 35* Sept. 3 5 3k Mar. 25 Feb. 5 Apr. Mar. 10 41 Jan. Apr. 30 204 Apr. 4 25 Aug. 21 Jan. Jan. 11 4 18 4 5 June 5 6 2 June 14 44 June 12 6c May 16 24 July 24 74 Sept. 14 39 Mar. 20 June 10 22 May 21 2.85 Sept. 23 Sept. 2 334 May 31 64 May 2 4 Mar. 11 50c Apr. 19 4 5 245* Sept. 11 2.85 Sept. 23 7c Apr. 29 904 Sept. 26 Apr. 24 Sept. 2.85 Sept. Sept. 20 85 29 Sept. 30 244 July 16 6c 5 4 Jan. 34 Sept. 19 15 4 15 July 25 114 May 2l 36 Apr. 4 25c Aug. 7 84 Sept. 17 1054 Sept. 30 285* Sept. 17 2 16 Jan. Mar. 15 24 Apr. Apr. Apr. Apr. 144 Jan. 2 94 May 24 Sept, 30 275* Sept 13 2 55* 7c 3.25 6c 415* 35* 264 May 85* 44 54 354 204 June 55* Sept. 35* Sept. 9 25 V* May 85* Jan. 4 Aug. 24 Aug. 3 4 June 1.00 May 35* Sept. Jan. 24 Apr. 3 Jan. 3 94 Mar. 20 14 25c 1 Sale 4 10c 2 35c Sale 1.50 May 2 Sept. 4 6)* Sept. 5 1055* Sept. 23 355* Sept. 26 9 124 Aug. 28 334 May 31 44 Feb. 6 H June 10 Sept. 25 Sept. 12 Sept. 5 Sept. 10 Mar. 21 314 Apr. 4 7 125* Sale 8 185* Aug. 3 4 Sept. 25c 105 '355* June Feb. Mar 5 27 H Sept 29 Apr. 30 Apr. 5 Mar. 7 Apr. 5 1.00 Sept.19 2 40c 105 25 45* Sept. 11 23 149 52c 8 76 20c 415* 205* 215* Sept. 16 35* Sept. 24 2.15 Sept. 11 2 Sept. 20 165* Sept. 10 3 55* 5* I * 5 30 Sept. 1.10 Sept. 1.00 65* Columbia River Packers 422 383 Sept. m 88 88 845* 50c 165* 7 )* 45* 1.25 13 90 105* 85 4,336 1.341 Coen Cos, Inc, class A conv..* 2,577 93c 855* Sept. 10 1.25 12 Bunker 100 Sale Jan. 454 4)* 9 5* 1744 Apr. 4)* Apr. 54 July * 495! Ark Nat Gas class A common.* 6,951 Atch Top St S Fe Kit com—100 4.428 Atlas Corp common ..5 26,910 Aviation Corp (Deu com —3 12.409 Aviation & Trans Corp cap.. .1 1,361 B & O KK common 100 10,067 Bendix Aviation Corp com...5 45,632 t Blair & Co Inc capital 1 125 502 29 24 M Aug. 75* 75a 75* 75* 1615* 1625* 16154, 1635* 100 Woolen Co common 25 21 36 Bridge (Dell com....1 Anaconda Cop Mg Co 25 Aug. 17 24 May 21 1.10, Jan. 8 Sept. 23 4 Mar. 19 ' Jan. 18 64 Apr. 30 25c 7 Apr. 384 Jan. 9 4 44 Apr. 5 354 Mar. 23 254 Feb. 17 35 May 9 5 May 20 84 Apr. 1 12c 4 Jan. 4 Feb. 23 94 Mar. 8 554 Jan. 2 44 Apr. 10 SAN FRANCISCO STOCK EXCHANGE 64 aggregate sales SAN Since Jan. 1 Shares 135 Shares STOCKS 1940 24 cap—1 5 2624 19*4 North Amer Co common 10 940 Oabu Sugar Co Ltd capital. _20 748 Olaa Sugar Co Ltd capital. .20 23*4 21 24 15*4 165 Onomea Sugar Co capital—20 781 Pacific Portl Cement com. —10 20 2294 20 1.15 41 6*4 25 17 5 248 6*4 % preferred 100 13,124 Packard Motor Car Co com..* 430 Park Utah Cons Mines com.-l 1,675 6,621 1,173 17,193 3,471 285 399 671 10 62 1*4 23* RR capital—50 capital.20 Radio Corp of Amer com * Riverside Cement (Del) A * Santa Cruz Port Cement com 50 Pennsylvania 130 319 1,706 1,269 1,075 250 5*4 D Sale 23 13 Sale 894 26*4 29*4 3024 2924 28*4 32*4 65c lc 1.00 6 6*4 924 9*4 305 180 135 45 9,477 2,943 24,330 38,663 8,595 150 5,786 215 100 990 x Name changed from 594 Sept. 19 18*4 Sept. 16 18*4 Sept. 16 18 3*4 Sept. 12 18*4 Aug. July 3 May 2*4 Apr. 1624 June 7*4 June 4*4 May 2.75 Aug. "3 *4 "Sept." 18 7*4 Sept. 27 494 Sept. 26 3 Sept. 4 ""794 "Sept."27 Sept. Sept. 5 3 3 4 Sept. Sept. Sept. Sept. Sept. Sept. 4 23 14 11 9 25c 25 8*4 2794 29*4 29*4 46 18*4 June 7 May May 26*4 May 25 May 31 May 26 35*4 36*4 39*4 1*4 224 '1.10 1.20 Sale 6624 75c 54*4 1*4 1*4 d? I" 1.00 25c 5c 6c 15c Sale 14c 155 25c 2*4 6*4 3*4 4*4 50c 4054 2*4 85c 55*4 1*4 85c 1 2*4 7 50c 15c 1.00 194 57*4 58*4 1*4 Sale 25c 1 2*4 2*4 6*4 7 5c 15c 8c 15c 90c 80c 80c Sept. 18 59*4 Sept. 23 1*4 Sept. 30 80c Sept; 18 54*4 Sept. 11 1*4 Sept. 30 1 6 15 9 May 44 Mar 5 13 *4 Jan. 12 7h 46*4 34*4 20 Jan. May 39 6 1*4 90c 80c 41*4 Sept. 6 Mar. .10 21*4 Feb. 34 - •il*4 Sept" Apr. 22 Mar. 2 6 Jan. 3 May Apr. 27 4 Jan. Feb. 17 7*4 Apr. 12*4 Feb. May 7*4 Aug. 35*-8 Aug. 35*4 41 40 June 5*4 25*4 12*4 30*4 30*4 29*4 34*4 July 29 May 8 17 48 9 11 20 8 . 2*4 3 3 Sept. 16 12 34*4 Jan. 7*4 Apr. 4*4 Apr. May 9 10 13 9 12 10 21 22 21 21 16 #20*4 40 4 4*4 Mar. 11 2*4 Apr. 16 23*4 Apr. 4 5c Aug. 28 5 May 22 5*4 May 22 Sept. 13 6*4 Sept. 4 7*4 Sept. 6 3894 Sept. 24 41 *4 Jan. 10 24 21*4 39*4 34 20 47 June 3 25c Sept. 13 694 Sept. 4 7*4 Sept. 6 21 26 10 15 10 3 24 20 June 27 10 5 25 Jan. 16 1.50 Mar. 1 June 1 9 9 26*4 Feb. 23 H Jan 4 23 *4 Mar. 4 6*4 Feb. 26 3*4 July 39 15 26 14 18*4 Sept. 16 1424 Sept. 27 12 35 40 7*4 Feb. Apr. 4 June 26 14 24 May 27*4 2994 29*4 694 7k 4*4 June 6 17*4 Sept. 27 18*4 Sept. 16 15*4 Sept. 6 20c 5c 5*4 7*4 594 Sept. 6 17*4 Sept. 27 18*4 Sept. 16 14*4 Sept. 27 • pref..* United Aircraft Corp cap 5 United Corp of Del common. . * U S Petroleum Co capital—.1 U S Steel Corp common * Utah-Idaho Sugar Co com—5 25 208 Vica Co common 5 3,475 Warner Bros Pictures com 1,680 West Coast Life Ins Co cap—5 100 600 Western Pacific RR com 19,536 x Westates Petroleum Co com. 1 26,995 x Westates Petroleum Co pfd-1 62 6*4 7*4 \VA::::: 15*4 924 15 77 Title Guaranty Co cum 585 Highest Sale Prices 43 32 * preferred Lowest Sale Prices 31 40*4 1124 8K Class B common * 263 85 Taylor Milling Corp com * ..25 3,902 Texas Corp common 200 Texas Gulf Sulphur common..* Highest Sale Prices 4*4 Sept. 10 24*4 Sept. 18 8 Sept. 30 27 Sept. 18 29*4 Sept. 12 29 Sept. 12 Sale 8 33 Superior Portland Cement— Class A 25c 6 7*4 27 18 6 1.00 38 26*4 29*4 29*4 33*4 3 26 1094 29*4 30 X 29 K 32*4 1494 18 894 27 3094 29*4 34 10 Sale 4*4 18 5 24 K 354 1*4 21*4 5 15 594 22*4 17*4 1894 15 4 21*4 1.30 43 3*4 Sale 194 2*4 22 22*4 7*4 8*4 4*4 5^ 3 394 15 25 5 4*4 25 26 43 8 28 J* 1.30 2*4 24 6% preferred 100 1,515 13,206 Standard Brands Inc com—..* 1 33,691 Studebaker Corp common Sunset-McKee Salesbook Co— Class A common * 100 Class B common * 76 190 460 y 3*4 154 20*4 4*4 22 1.00 4*4 21*4 16*4 3*4 4 21*4 38 47*4 3*4 2 24 Sale 594 4 *4 4,184 Schumacher Wall Board com.* Preferred * 2,638 2,722 Shasta Water Co common—* 36,800 Sou Calif Edison common—25 C 5*4 % preferred ...25 14,412 B 6% preferred 9,220 —25 25 170 Sou Calif Gas 6% pref Sou Pacific Golden Gate Co— 475 1.90 14 Sale Pioneer Mill Co Ltd 5*4 22*4 17 h 20*4 17 3 Lowest Ask Ask Bid 21*4 1694 24 24 25 94 Nat Distillers Products com..* Nor Amer Aviation Inc Sale 6*4 cap—5 Nash-Kelvinator Corp Bid Sale Prices Sept. 30 Sept. 3 Ask Bid Par 5,729 3,118 13,204 4,341 261 82 1 Price Jan. 2 In September 738 range since jan. PRICES IN SEPTEMBER FRANCISCO STOCK EXCHANGE June Aug. 7 May 10 Jan. 25 Jan. 6 51*4 Apr. 2*4 Apr. 1*4 May 55c May 42*4 May 15 1.15 4 Jan. 4 1 May 66*4 Jan. 1*4 Apr. 50c Feb. 50c 2 May 4 Jan. 4*4 Feb. 19 9*4 Apr. 30 48c May 29 20c Sept. 23 8c 85c Sept. 27 1.00 8c Sept. 23 Sept. 7 Feb. 16 _. Mar. 8c Aug. June 75c 2 18 16c Jan. 10 1.55 Jan. 2 Italo Petroleum Corp. of America. Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE September Jan. 1 to Sept. 30 Shares_ . September-. Jan. 1 to Sept. 30 569,622 3,667,087 255,955 3,577,977 AGGREGATE Since September Jan. 1 STOCKS 779 100 4*4 50 5*4% preferred., 1 7,809 Barnhart-Morrow Consol 2.785 Berkey & Gay Furniture Co__l 550 240 "235 "500 875 180 20 100 718 1,092 2,247 3,740 205 1,588 1,510 1.5Q0 2 10 38c * * lc lc 6c lc 2c 2c 8c Preferred vtc 1 Byron Jackson Co California Packing Corp * Central Investment Corp 100 749 Chapman's Ice Cream Co * 9,377 Chrysler Corp 5 10,293 Consolidated Oil Corp * * 17,764 Consolidated Steel com Preferred ♦ 24,800 7,742 Creameries of America v t c__l * 4 5 9,046 Emsco Derr & Equip Co 32,480 Exeter Oil Co A ,__1 1 2.50 3.099 300 645 General Paint Preferred 205 10 * * common 10,556 Gladding McBean & Co * 36,886 Globe Grain & Milling Co..-25 * 1,424 Golden State Co 1.100 com 1 1 20 Holly Oil Co ""320 11", 200 2,260 Hudson Motor Car Co 1,815 Hupp Motor Car Co 2c "T666 800 For 4*4 611,581 Menasco Mfg Co 3,800 Merchants Petroleum Co 7,025 Mt Diablo Oil Ming & Dev 22.200 Nordon Corp footnote* see page 65» 10 1 1 2c 6c lc 4*4 Sept. 4 4*4 Sept. 4 July 24 2*4 May 21 394 May 29 22*4 May 20 10c Apr. 29 25c Apr. 15 6c May 15 1*4 May 15 1*4 Aug. 16 50c Feb. 24 3 94 June 3 4*4 Jan. 3 30 Mar 6 12c 45c Apr. Apr 19 19 15 6c May 3 Feb. 2*4 Mar. 1 Apr. 5 *4 June 1 8 8 9 3c 2c 2c 2c Sept. 30 6c Sept. 18 18 Sept. 19 10 9*4 Sept. 18 1 Sept. 16 76 Sept. 3 6 Sept. 27 5*4 Sept. 12 12*4 Sept. 9 5*4 Sept. 7 9*1 90c 76 6*4 5*4 13 5*4 1 Sale 6*4 5*4 13*4 5*4 "84*4 10*4 11 Sale 40c 43c 380 392 10 11*4 1*4 2K 10 m £ _ 7 5*4 34 30 5*4 7*4 5K 8 Q q W, 385 5 1 6*4 4734 434 29*4 534 5 8*4 16 30 75c 6 10c 9c Sale 7c 32 2*4 9 27c 24*4 70c 4 10 39 23*4 37*4 40c 73*4 ' 4*4 42c Sale 1 12c 30c 1 1 45c 52*4c 6c 74*4 Sale 10 30c 393 9*4 1*4 7 48 *4 6*4 31 5 94 5*4 5c Sale 32 434 % 12c lc 3c 10*4 4*4 H34 7 22c Sale 27*4 5*4 Sale 41c 2*4 5c 38c 3c 7934 Sale 6 5*4 1334 534 Sale 5*4 5 76*4 9*4 9 28c 375 28*4 50c Sale 30c 40c 5c 77*4 a74*4 9*4 9 9*4 29c 27c Sale 393 80 Sept. 16 Sept. 6 6*4 534 13% 5*4 Sept. Sept. Sept. Sept. 9 6 9 7 a77 34 Sept. 6 1 a386 Sept. Sept. Sept. Sept. Sept. 10 9 29c a386 Sept. 3 Sept. 6 Sept. 27 Sept. 26 8*4 1*4 5 1 8 49 5 30 5*4 6*4 Sept. Sept. Sept. Sept. Sept. 5 Sept. 49*4 46*4 634 5*4 3234 a29 5*4 5*4 Sale 5 6*4 Sept. 4 49*4 Sept. 25 5*4 Sept. 27 a29 Sept. 25 5*4 Sept,. 6 5 Sept. 6 9 9 52 *4 c 60c 3*4 *4 7834 2 12 *4 Sept. 24 18 Sept. 19 10 Sept. 10 7 6 83*4 8*4 90c Sept. 30 8c 12 10 11*4 97*4c 1.75 8954 90*4 7*4 7*4 5*4 524 10*1 10*4 5*1 5*4 ale 16*4 16 30 32 30*4 Sept. 48c 55c 50c 3*4 r *4 5c lc 11 5 20c 28*4 4*4 41c 2*4 434 % 10c Sept. Sept. 4 9 5234cSept.l2 16*4 Sept. 3034 Sept. 3*4 Sept. 14 3*4 Sept. 17 5c 5c Sept. 18 Sale 5% SeptT27 11*4 Sept. 5 3c Aug. 12 Apr. 27 Apr. 22 Jan. 2c Jan. 9 14*4 Jan. 26 10*4 May 15*4 May 8*4 May 1 4 Sept. 26 27 Sept.11 5*4 Sept. 3 24c 6*4 Sept. 6 5 6 2*4 Sept. 4 30 Sept. Sept. 2*4 Sept. 13 38c 41c 38c Sept. 13 40c 4c 5c 4c Sent. 20 4c Jan. 16 90*4 Jan. 3 8 Jan. 6*4 Apr. 1394 Sept. 6 Apr. May June 7 June Jan. 43c 405 10 Jan. Jan. 7 7 56 Apr. 6*4 32*4 694 14*4 Apr. Apr. Apr. Aug. 4 31 22 22 30 14 June 27 45c May 21 May 23 3*4 Sept. July 5c Sept. Jan. 9*4 Jan. 7c Jan. 23*4 June 3*4 May 39c June 194 Jan. 4 38c 3c 8 9 8 7 5 11 2 8 Apr. 18 4*4 June 30 Aug. 3*4 May 5 Aug. 9*4 Jan. 6*4 June 4 88*4 Apr 30 10H Mar. 14 38 94 May 24 Sept. 20 Sept. Mar. 21 1 6 94 June 87*4 Apr. 8*4 May 7*4 May 25c May 375 May 7 May 15c 7c Mar. 12 5794 May 6 May 3*4 May 7 3 26 Jan. 8*4 Jan. 20c 50c Sale 2c Apr. 2c il 6 2c 2c Jan. 50c Sept.18 3c Sale Aug. 2c ale lc 3c 3c 18 4c 2*4 Sept. 16 1*4 Sept. 6 1 4*4 12*4 10*4 8*4 21,861 Los Ang Investment Co 1*4 Sept. 12 1*4 Sept. 4 17 9*4 7*4 _ 50c 2*4 1.45 12 2c 11,075 Mascot Oil Co 11". 041 "/i 17*4 11 54. Sept. 10 Sept. 27 Sept. 6 Sept. 10 5c 1 1.40 12 -.-10c 365,148 Lincoln Petroleum Corp. .10c 46,782 Lockheed Aircraft Corp.. 1 2 16*4 1 *4 15c 7c 74,250 2,562 4,933 2*4 Sept. 26 11 75c 1 4,393 Lane-Wells Co 100 Langendorf United Bakeries B * 234 Sept. 14 3 16 1 _50c 866 Sale 25*4 5*4 17.700 Intercoast Pet Corp 1,100 Jade Oil Co * * Highest Sale Prices lc 15 - 7,683 Goodyear T & R Akron 9,579 Hancock Oil Co A 21,950 Holly Development Co Lowest Sale Prices 24*4 25 3,784 Douglas Aircraft Con) 16,286 Electrical Products Corp Highest Sale Prices 3734c 3c j Lowest 9 1 1 2.50 258 4*4 Common vot trust ctfs 120 Foster & Kleiser Co ""613 75c 4c 480 General Metals Corp 824 4*4 lc 30,448 General Motors Corp 300 50c 10 4c 260 5 5*4 454 1*4 1*4 1*4 lc 4,929 Fitzsimmons Stores Ltd . 2*4 75c 1-. 2*4 6c "1*4 1 Preferred 1 Sale Prices 2*4 2*4 Sept. 10 3*4 "2*4 6 6*4 fl6*4 Sept. 27 a6*4 5*4 5*4 28 26 26 2634 Sept. 6 26*4 24*4 10c 12c a10c 15c Sept.10 a10c 10c 12*4c 37*4c 12*4C 3734c Buckeye Union Oil Co com 339 Farmers & Merch Nat Bk..l00 3 2*4 Sale "2*4 12c 862 District Bond Co "105 18c 37c 5c 30c 2 10 17^6 Brock & Co 1,200 4,200 3,000 4,700 2,165 3,122 2,484 28* 26*1 Warrants 19,667 t Blue Diamond Corp 98.699 Bolsa Chica Oil Corp A B common 2,498 6,490 Broadway Dept Store com 1,734 1,927 Sale Ask Ask Bid 50c 12 Kc 50c * 61 Barker Bros common 36 Bid 2*4 12,418 Aircraft Accessories Corp-_50c 50 Assoc Gas & Electric A __1 1 27,063 Ban din i Petroleum Co 3,850 Ask Bid Sept. 30 Sept. 3 1940 Par Shares 5,140 " RANGE SINCE JAN. Price Jan. 2 In Shares , PRICES IN SEPTEMBER LOS ANGELES STOCK EXCHANGE SALES 1939 1940 Bond Sales 1939 1940 Stock Sales 12 Mar. 13 Mar. 24*4 Jan. 40 Apr. 80c Jan. 9 8 2 6 7 5 3 12 8 6*4 Mar. 11 Apr. 6 S7M° 3c Feb. 8*4 14 Mar. 27 12*4 May Jan. 6 22 25c Aug. 22 41*4 Apr. 15 Jan. 10 & A* May May Mar. Sept. 50c Jan. 9 6c Jan. 10 May 9 9 Mar. 29 OCT., 1940] AGGREGATE SALES STOCK ANGELES LOS PRICES IN SEPTEMBER LOS ANGELES RANGE SINCE JAN. 1 Price EXCHANGE STOCK 65 EXCHANGE Since Jan. 2 STOCKS Jan. 1 Par 4,800 24,100 4,885 5,000 16,090 Pacific Clay Products Pacific Distillers inc— — — 18c 6c 16c 6c 16c alOc 25c Feb. 48c 30c 37c 30c 38c 30c 29c 1 11c 22c UK 12 10 12,340 Puget Sound Pulp & Timb Co_* 24,994 Republic Petr Co Ltd 1 574 5%% Preferred A 50 25,620 Rice Ranch Oil Co 1 54,332 Richfield Oil Corp common—* W i*r»o ri+.o 4,268 21,976 Roberts Public Markets 2 113,860 Ryan Aeronautical Co 1 q 33,234 7,775 56,589 1,011 28,159 28,610 1,171 11,338 38,093 61,911 29" 34 K 32% 29 29% 33% 30% 30% 38% 41 9% 29% 32% 29% 30% 40 39 6 21% 7% 12% 2% 25c 1% Sale 5% iVA 32 13 % 8c Sale 25 9,905 Wellington Oil Co.. 1 977 Western Air Express Corp 1 100 Western Pipe & Steel Co 10 4,551 Yosemite Portl Cement pref 10 44% 30 8% 31 16c 8% 1% 9% 45% 30% 9% 8% 70c 9% 4% 5 1 1 45 Sale 30% Sale 29 Sale 29 % ----- Sale IK 33 35 8% 9% Sale 6 % '16% Sale" 15% 15 % 9K 8% Sale 5 4% 2% 4% . 16 18 2% 3% Alaska Juneau Gold M Co.. 10 6% Black Mammoth Cons M ColOc 12 %c 6% 15c 6 21 7% 4% 17% 12% 9 8 8 9% 9% 4 ""!% 1% 9% 18% Sale 9% Sale ----- 2 4% 18 2 1% 10 Sept. 5 29% Sept. 12 33% Sept. 6 29% Sept. 12 a38% Sept. 12 a4l % Sept. 12 4% Sept. 10 4% Sept. 10 18 Sept. 24 17% Sept. 13 17 Sept. 23 1% Sept. 11 32 Sept. 17 17% Sept. 18 2 32 Sept. 23 Sept. 17 4 12 June 21 12% Mar. 10 July 26% May 29 May 26% May 30 May 37% May 4 May 17% Sept. 12 15 11 31 25 25 29 21 21 13 June 17 Jan. 30 1% Sept. 11 May 21 30 14c 7% Sept. 4 % Sept. 6 9 Sept. 5 4% Sept. 16 28 9% May 20 6 Mar. 29 8% Sept. 19 % Sept. 6 9% Sept. 30 5 Sept. 4 6 May 62%cMay 7% Jan. 3% May 18 13 12 15 a42% Sept. 9 a45% Sept. 6 29% Sept. 6 29% Sept. 6 9% Sept. 24 9% Sept. 24 50% Mar. May 8% May 2c May 20% May 24% Jan. 2% May 4% May 23% May 38% May 27% May 24% May 34% Jan. 30 May 7 May 17% June 1 % May 21 May 7% June 4% May 17% Aug. 12 May 30 28 22 15 22 25 14 28 28 27 22 21 16 20 21 23% 25% 3% 5% 26% Sept. 5 Sept. 17 Sept. 4 Sept. 13 Sept. 13 29% Sept. 16 29 Sept. 3 33% Sept. v6 8% Sept. 9 17% Sept. 27 25% 25% 3% 5% 27% Sept. 17 Sept. 17 Sept. 6 Sept. 23 Sept. 6 30% Sept. 3 29% Sept. 17 "34% Sept."23 9% Sept. 5 18% Sept. 10 8 Sept. 20 4% Sept. 5 18 Sept. 6 12% Sept. 3 8 Sept. 20 Sept. 5 18 Sept. 6 13% Sept. 25 5 9% Sale 4 21 10 Sept. 5 29% Sept. 12 33 Sept. 12 29% Sept. 12 24 Sale i% 4% 1 Sale 9% 8% 17% Sale 1% 1% 7% 9% 9% Sale 7% 8% 18 11% Sept. 10 8 26% 3 % 34 24 1% 4% 9 5 7% 8K 4% Sale 17% 17% 12% Sale 8 5 81 32% 34 32% 33% 8% Sale 18% Sale 1% 1% 21 1 Sale 27% Sale 44% 46% 29% 29% 29% Sale 33% 35 _ 2% 5% 11% Sept. 23 25c Sale 23 3% 6% 27% 44 33 30% 25 Sale 40 3% July 7c 40 44/ 8 44 29% 33% 30% 29% 8% ----- 3% 4% 26% 30% 11% 43 24 23% 7% Sale Sale 2 of California... 7% % 8% 4% 29% "6% Sale Cons Oil Co 10 1,182 Van de Kamps Bakeries —* 1.50 144,016 Vega Airplane Co 1 8,618 Vultee Aircraft Inc 647 Weber Showcase & Fix pref--* 2 21 15 6,633 Superior Oil Co common 4,299 Taylor Milling Corp Transamerica Corp Seat Air.* 345 Transcontinental & 6% 18% 14c 25 K 111,571 5% 17% 1% 20c 100 * 1 2o * .2 18 13c 8 Sept. 12 Sept. 12 alOc 35c Sept. 20 Sept. 4 5% Sept. 23 4% Sept. 5 12c 4% 4% 18 17% 6% 5% 15% 16% 1% Sale 35 24 350 Sunray Oil Corp.. 17 31 29 K 33% 34 K Standard Oil of Calif- 5 ilH <8* 25 —25 Southern Pacific Co.. 4 35 7% IK 7% 5K 5% 12 31K 27 25 11 35 % 12 % 2c ...» 25 2c 11% 34 "25** 30 25 25 Original preferred 6% preferred 5% % preferred So Calif Gas 6% pref 6% Series A pref 97,952 Union Oil 11,531 Universal 10% 12 1 Chain Stores 12c 2c 49 % Sale * So Calif Edison Ltd com 4% 10 33% 33 % 30 % 35 % 48 % * 25c * Solar Aircraft Co 4% 3% 12 * B common Son tag % 20 preferred Safeway Stores Inc Security Co units Shell Union Oil Corp Sierra Trading Corp Signal Oil-Gas A Highest June 5 * Pacific Public Service 200 Lowest Sale Prices 4 25 25 10 408 Pacific Western Oil 2,012 2,444 1,138 5,000 5,134 Highest Sale Prices 8c 10 10 25 370 Preferred C 13,398 Pac Gas & Eiec Co com 5,759 1st preferred 6% 2,930 5%% 1st preferred 6,393 Pacific Indemnity Co 10,952 Pac Lighting Corp com 1st Ask 43c .10 — 439 Lowest Sale Prices Sept. 30 Ask Bid Bid Ask Bid 1 1 * Occidental Pet Corp Oceanic Oil Co Pac Finance Corp common. 310 Preferred A 1,203 Sept. 3 1940 Shares 8 Sept. 30 8% Sept. 12 8 Sept. 4 a4% Sept. 4 .1% Sept. 6 4% Sept. 9 8 10% 9% a4 % 1% 4% Sept. 30 Sept. 18 Sept. 23 Sept. 4 Sept. 6 Sept. 9 20 2 26 6% Aug. 7 % June 4% 6% 4% 1% 4% Jan. July Aug. Sept. Aug. 18 Apr. 1% May Sale Prices 30c Feb. 21 47c Feb. 5 5% Sept. 23 10c Jan. 16 13% Apr. 16 12% Mar. 15 10 July 11 34% Mar. 27 34% Apr. 18 8 31% Jan. 5 39% Apr 49% Jan. 23 6 Jan. 2 -0% Feb. 19 8 Jan. 19 28% May 11 2% Jan. 5 40% Apr. 9 17c May 11 8% Jan. 3 1% Jan. 11 in Apr. 6 7 Apr. 24 52% Apr. 33 % May 8 4 8% May 21 3c Jan. 31 9 Mar. 21 10 13 24% Jan. 4% Apr. 7 Apr. 30% Apr. 46% Jan. 30% Jan. 29% Jan. 34% Jan. 34% Jan. 15% Jan. 26% Jan. 1% Apr. 28 36 Jan. 19 20 4 24 30 21 19 21 15 12 5 6 30 30 23 10 Jan. 4 7 18 Mar. 14 25 15 8 15 12 2 4 16 9 3 9 Sept. 6 17% Jan. 8 15% Jan. 3 9% Mar. 27 14 Apr. 16 9% Sept. 23 6 Feb. 20 3% Jan. 22 7 Mar. 28 18 Apr. 30 3 Feb. 2 6% Apr. 6 MINING STOCKS— 1,564 70,900 89,500 10,000 6.885 6,000 2,100 20,534 Calumet Gold Mines Co Cardinal Gold Mining Co 1 10c 25c Smelting & Refg Co.. American Tel & Tel Co Anaconda * — * 100 Copper Mining—50 (111) 5 Armour & Co Atch Top & Santa Fe Ry.-lOO Atlantic Refining Co 25 Aviation Corp (Del) Aviation & Transportation.. Baldwin Loco Works v t c 3 I 13 Barnsdall Oil Co 5 Bendix Aviation 5 Bethlehem Steel Corp; Del)..* 5 25 100 * Borg-Warner Corp Canadian Pacific Ry 47 Case vJ I) 2,334 Caterpillar Tractor 755 Cities Service Co 5 796 Electric Bond & Share Electric Power & Light Corp.* General Electric Co ._* General Foods Corp Goodrich (B F) Co * * 430 Graham-Paige Motors Corp__l 4,945 International Nickel Co 3,709 6,093 3,545 5,096 2,500 3,427 17,472 20,549 6,429 4,259 16,690 3,397 4,478 1,789 11,927 * 10 51 3c 1% 2 38c 6% 14% 3% 23 % 10% 29% 7 % aV* 40% 48 62 %c 37 % 4K * 37 K Montgomery Ward & Co * Mountain City Copper Co__5c McKesson & Robbins Inc * 36% 55% 4 5P 14% 24% Sale 30% 8 7% 41% 48% 20% 8i!*c Sale 38 37% 55% 4% 5 New IVA 53% * York Central RR 1 North Amer Aviation Inc North American Co Ohio Oil 10 * Co Packard Motor Car Co Paramount Pictures * Inc Pennsylvania RR Co 1 50 Pure Oil Co * * * — * * Socony-Vacuum Oil Co Southern Ry Standard Brands,Inc... Standard Oil Co (N J) 15 __* "18% 26% 22% 23 % 7 23% 18% 85% 19 K 86 K 12 % 12% 20% 19% 1 1 Swift & Co 25 Union Carbide & Carbon * 10 United Air Lines Trans Corp..5 United Aircraft Corp. 5 Steel Corp Wamer Bros Pictures SB 10% 86% 15% 6 44% 12% 9% 2% 22% 45% 11 16% 48% 2% 41% ... * 66% 67 5 1% Odd lots, 8% 2% 40% * n?8 a 24 10 United Corp (Del) U S Rubber Co S 9% .25 Texas Corp Tide Water Assoc Oil Co 8 Sale * Corp. 7% 3% 3% 7% 23 K 8K 5% 23% 25 Studebaker Sale 26 * Stone & Webster Inc U 4% Sept. 11 8%c Sept. 10 2c Sept. 4 4% Sept. 11 10c Sept.24 9c 2 5% 74% Qi3Wllly8-Overland Motors Inc.,1 No par value, 9c 1% 15c l%c 2c Sept. 4 1% Sept. 9 4% May 22 6c %c 4c 1% Sept. 9 1 10 14%c Jan. 15 2c Jan. 17 9 9 June 27 7%c May 3 2% Jan. May 18 June Jan. lc lc lc §1% 26 L935I Westinghouse Elec & Mfg—50 • 3c 2% 4% 72 % * Corp 447 Superior Oil Corp (Del)... 9 2c 25 Kennecott Copper Loew's Inc.. 635 Seaboard Oil of Del. 6,004 Sears Roebuck & Co 4,124 4,130 2,976 3,888 5,800 6,228 2,412 5,835 28,792 4,259 13c lc 170K 171% 30 % 30% 6/ 5% 20% 21K 24 % 24% 7 7% 3% 3% 17 % 17% 12 K 12% 31% 32% International Tel & Tel... Radio Corp of America 40,799 Republic Steel Corp 9,543 1,806 10,309 4,987 2,423 19,873 8c 3c 2%c Sale 10 * 8,557 Columbia Gas & Elec Corp * 4,212 Commercial Solvents.. 8,012 Commonwealth & Southern..* 1 8,483 Continental Motors Corp 5 1,173 Continental Oil Co (Del).. i 42,253 Curtiss-Wright Corp Class A 1 4,766 2,469 9,245 5,088 3,698 28c 4% 2c %c Feb. 26 %c Feb. 26 28c Jan. 23 35c Mar. 26 l%c Jan. 29 2%c 25c 25c 35C 2c 3c 4c l%c Sept. 4 i%c Sept. 4 Jan. 2 Jan. 11 15 STOCKS— Amer Rad & Stand San Am 5c 2% %c 25c Imperial Development Co Prince Cons Mining Co Zenda Gold Mining Co 4% 4% 4% 6%c 8%c lc 10c %c l Cons Cbollar G & S Co UNLISTED 4,140 2,872 15,406 17,376 4,842 8,456 2,130 15,870 1,940 12,919 2,254 5,311 8,895 5,956 1,231 10c 4 117% 1% 6% 7% 7% 38% 39% 41% 162% 163 162 21% 21% 21% 5 4% 4% 16 15% 16% 21% 22% 20% 4% Sale 4% 2% 2% 2% 15% 15% 15% 8% 7% 7% 31% 30% 31% 79 80 78% 18% 18 17% 4 % 3% 3% 50% 48% 51% 47% 48 46% 6 6% 5% 5 5% 6% 10% 10 9% 1% 1% 1% 3% 3% 3% 18 18% 17% 8% Sale 7% 27% 27% 26% 6 5 5% 5% 5% 4% 33% 34% 34% 42% 41% 40% 12 12% 11% % % % 27% 27% 26% 2% 2% 1% 29 28% 30% 25% 26% 24% 41% 39% 41% 3 3% 3% 5% 4% 4% 42% 13% 14% 17% Sale 16% 20% 17% 19% 6% 5% 6% 3% 3% 3% 6 5% 6% 21% 20% 21% 7% 7% 6% 4% 5% 4% 17% 17% 17% 12% 12% 12% 79% 80% 82% 9 8 8% 12% 12% 11% 6 6% 5% 34% 35% 32% 8% 7% 7% 7% Sale 7% 1% 1% 1% 18% Sale 19% 36% 35 35% 9% 9% 9% 74% 73% 75% 16% 15% 16% 40% 39% 40% 2 1% 1% 20 20% 19% 55 54% 57% 2% 2% 2% 100" 101% 106% 1 2% 1% t Name of Los Angeles Industries, ■ 7% Sale 163 22% 5 16% 21% Sale 2% 16% 8% 32% 79% 19 3% 55% 49 7 7% Sept. 5 Sept. 41% Sept. 30 38% Sept. al 67 k i Sept. 5 al60%Sept. 23% Sept. 25 21% Sept. 4% Sept. 5 4% Sept. al5% Sept. 27 018% Sept. 6 21% Sept. 23 21% Sept. 23 4% Sept. 3 4% Sept. 2% Sept. 4 2% Sept. 16% Sept. 23 14% Sept. Sept. 9 a7% Sept. 31% Sept. 4 31% Sept. 80 80 Sept. 7 Sept. 18 18 Sept. 4 Sept. 4% Sept. 5 4% Sept. . a46% Sept. 6% Sept. 6% c5% Sept. 5% 10% al0% Sept. 1% 3% 18 al8% Sale 7% 27% o26% 6 5% 5% 5% 34% 35% 40% 40% 12% 12% % o26 27% 1% 3% 2% o2 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. al9 Sept. 8% Sept. a28% Sept. 6 Sept. 5% Sept. 34% Sept. 40% Sept. 12% Sept. 25 19 a29% a2% 31% a25% 42% 3% 5% 15% 5 20 24 18 25 28 30 5 5 27 30 5 11 19 5 a49% 6% a6% al0% 1% 3% 6 4 17 17 24 4 6 4 5 4 24 4 19 31 31% Sept. 25% a25% Sept. 42% Sept. 40% 3% Sept. 3% Sale 5% Sept. 13% Sept. 14% 17% Sept. 17% 18% Sept. 18% Sale 6% Sept. 3% 3% Sept. 6 Sept. 7% 22 Sept. 22% 7% Sept. 7% 4% Sept. 5 17% Sept. 17% 13% 83% a78% Sept. 9 Sept. 8% 12 Sept. 13% 6% Sept. 6% 33% a34% Sept. 8% Sept. 8% 7% 7% Sept. 1% 18% Sept. 19% 35% a35% Sept. 9% o9% Sept. 74% o71% Sept. 15% Sept. 17% 40% o38% Sept. 1% 1%" Sept. 22 Sept. 20% Sale 53% Sept. 2% Sept. 2% 108 al02%Sept. 2% 18 18% 6% 3% 6 22 7% 4% 18% Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 4 Sept. 23 4 June May 18% Sept. 24 5 51 Apr. Ju.y June July May May May Aug. June May June 27 May 40% Sept. 12% Sept. 5% 4% 9% % 2% 20% 6% 24% 5% 4% 24* Jan. 4 22 June 39 June 28 5 2% May 21 4% June 24 9% 15% 16% 5% May 22 Aug. 14 June 11 May 22 15 17 19 Aug. 22 June 20 May 21 May 21 June 13 May 21 Sept. 12 May 22 2% May 5% May 19% July 7% 4% 14% 68% 7% 11 24 23 30 8 o9% Sept. 4 Sept. 23 16 Sept. 20 a4l% Sept. 19 1 % Sept. 12 23% Sept. 18 58% Sept. 24 2% Sept. 19 al06%Sept.20 a76 UH 20% June 26 2% Aug. 21 24% July 5 12 3 8% 19% 12% 22 10 11 30 22 14 17 15 20 13 17 21 24 4 5 June 3 July 22 5% May 20 1% Aug. 26 18 June 38% 8% 63% 12% July June June May 34 Aug. 1% May 18 Sept. 45 May 2% May 5 15 3 12 21 14 15 13 20 16 1 % Mar. 13 Inc., changed to Blue Diamond Corp. as of March 26, 1940. Jan. Mar. 12 Apr. 10 Apr. 22 8 May 14 Apr. 13 Apr. 15 Apr. 10 Apr. 9 Apr. 16 Apr. 25 Apr. 8 Apr. 4 Apr. 22 J* 5 5 a37% Sept. 23 24 20% June 4% Aug. Sept. May 71/ Aug. 25% June 68% July 15% Aug. 4% Sept. 11 % a83% Sept. 9 Sept. 13% Sept. 6% Sept. a35% Sept. 8% Sept. 7% Sept. 47% 174% 31% 7% May July 15 1 Sept. Sept. 10 5 May 35 y& Juiy 148 51% 6% 7% 16% 1% 4% 20% 11% 29% 8% Jan. 24 Sept.19 Apr. 8 Apr. 5 June 28 Feb. 2 Apr. 17 Mar. 8 Feb. 7 Jan. Jan. 3 8 40 Jan. 11 47% Feb. 19 20% Apr. 1 8 4 Jan. 4 38% Jan. 4 Jan. 5 4% 38 - 35% 47% 4% 7% -Apr. 9 Feb. 6 May 2 Apr. 12 Mar. 30 Jan. 3 26 Apr. 9 6 23% Apr. 7% Apr. 17 4 Mar. 11 8% Apr. 24% Jan. 9 7% 23% 11% 87% 12% Jan. 4 5 5 3 Apr. 8 May 21 Apr. 6 Apr. 5 Apr. Jan. i¥A 12% 2% 23% 47* 26 Jan. Jan. 18 4 Jan. 11 Feb. 20 Apr. 9 Feb. 28 Apr. 4 Jan. 82% 23% 51% 2% 38% 65 3 Feb. 29 Apr. 15 Apr. 17 Jan. 3 Feb. 9 Apr. 9 4 4% Apr. 3% Apr. 22 RANGE OF PRICES ON PITTSBURGH 1940 Jan. 1 to Sept. $8,000 30. AGOREQATE Jan. 1 $ ' BONDS 1940 Bid $ 4,000 Independent brewing 6s.. 1955 1949 4,000 Pitts Brewing 6s Shares 525 STOCKS Shares 1,797 871 212 3,702 3,484 295 77 6 80 Nat Gas Corp Preferred ""338 587 200 88 6,510 3,121 160 3.914 2,526 164 160 37 11 445 150 373 884 1254 Sale 1 * * 185 100 2.500 2,252 '""218 35c 3.800 T.470 Sept. 5 854 Sale 9 *7)i"Sept."i2 8 Sept. 4 7X Sept. 9 8X Sept. 5 9 Sept. 23 5% Sale 654 Sale Sale 11 Electric * 5 17 1154 Sale 14 154 Sale 2.347 lvoppers Co pref 100 * 53,008 Lone Star Gas 240 Mc Kinney Mfg Co 1 75,858 Mountain Fuel Supply 10 16.566 Nat Fireproofing Corp com..* 675 National Radiator Corp. 10 260 Penn Federal Corp common..* Preferred 454% 90 50 3,319 Pittsburgh Brewing. * 50c ..... * Preferred 684 Pittsburgh Coal Co com...100 Preferred 100 150 660 Pittsburgh Forgings 1 Pittsburgh Oil & Gas Pittsburgh Plate Glass Pitts Screw & Bolt Corp Pittsburgh Steel Foundry 5 25 * * 1 4,630 Renner Co 470 Keymer & Bros common.. * 1,488 Kuud Mfg 5 46,449 San Toy Mining 1 1 17,042 Shamrock Oil & Gas 453 6% Preferred .100 629 G% preferred 10 25 United Eng & Foundry 5 12 % 11 14 1154 13 13 X 11 11 15 IX Sale 1X IX Sale 19X Sept. 24 Sept.12 Sept.13 5X Sept. 20 15 Sept. 3 IX Sept. 6 13 Sept. Sept. 5X Sept. 16 Sept. IX Sept. 11 12 13 20 16 10 Sale 154 Sale 654 7 54 154 554 1H 3254 Sale 84 9 6 954 2A Sale 75c JX 28 Sale Sale 154 Sale 6 .... 5% 60c IX 954 4X 6 Sale IX 28 854 IX 84 Sept. 3 9 Sept. 4 3X Sept. 17 554 Sept. 13 60c Sept. 30 IX Sept. 5 2854 Sept. 11 lc 154 2c —- 89 Sept. 5 9X Sept. 23 6 Sept. 16 6X Sept. 5 75c Sept. 4 IX Sept. 29X Sept. 5 5 Sept. IX Sept. 89X Sept. 554 Sept. 4 Sept. 13X 1X 9454 654 IX 35c 35c 20 26 14 4 14 Sept. 19 Sept. Sept. Sept. Sept. Sept. Sept. 23 26 25 7 21 19 50c 6X Sale :::: "25c" 5 lc 2c lc IX IX IX Sale 2c lc Sept. 12 IX Sept. 5 5 lc Sept. 12 IX Sept. 30 55 5X Sept. 17 10 11 1554 Jan. Apr. 22 Mar. 21 Jan. 9 Mar. 13 1254 Aug. 954 June 454 May 9 May 154 Jan. Mar. 29 Jan. 9 Apr. 30 10 June June Apr. Mar. July Apr 75 May 754 May 154 Mar. 4 54 May Sept. 454 June 154 Mar. 25 May 90c July 28 May 4 May 60c 5 2 Apr. 26 May 8 May 9 Sept. 16 May 6 Jan. Jan. 3 9 Mar. 20 Apr. 25 Jan. 12 Apr. Apr. 17 15 4 Jan. Jan. 10 Jan. Sept. 23 154 Feb. Feb. 1 June Apr. 18 4X May 254 Aug. 30c May Jan. 2 Feb. Jan. 12 May : Mar 27 lc Feb. Feb. dH May Jan. 1 10 June Jan. 9 Sept. Apr. 6 Apr. 24 66 6X Sept. 24 Apir. Sept. 21 July 16 25c 33 * 20c 30c 25c 2X 354 21X Sale 15c. Feb Apr. June 12 28 May May 10 15c May Jan. 17 25c 55c 31 Apr. 10c 55c 3354 1 * 50 26 Jan. lH Sale IX 35c 1 1 388 Waverly Oil Works class A...* Jan. Jan. 22 IX 154 5 May Aug Apr. 25 13 8 54 9 18 8 Jan. Sale 1054 10 Apr. Apr. July 65 31 Feb. June 5 4 20 30 ... 622 Voting trust certificates.. 3.184 Vanadium Alloy Steel 13.570 Victor Brewing Co 5 13 10X 554 26 5 Apr. 19 Apr. 1 Apr. 24 Apr. 8 Jan. 3 Mar Sept. 12 >4 84 54 10 i May 10 Apr. Jan. 554 16 5 Products May May Aug. 55 79 19 * ...10 12,387 Westlnghouse Air Brake.. 1,934 Westinghouse El & Mfg Sept. 16 Sept. 7 Sept. 16 Sept.28 1 Duquesne Brewing Devonian Oil Feb. 9 25 20c 554 10 Crandall McK & Hend May 6 Jan 1 Sale 25c * May Apr. 6 9 113 11 110 54 Jan. 74 X Apr. 10c Apr. 50c 10 240 United States Glass 245 23 100 Steel 16 Jan. Jan. 113 20X Sept. 12 100 Follansbee Bros pref 100 Fort Pitt Brewing 1 100 Harbison Walker Refraccom.* 70 Home (Jos) common 100 3,169 4,190 6,909 525 Sale 7X Sept. Sale Sale * __ Preferred 2 888 Highest Sale Prices 23 22 X 754 * * 270 Jeannette Glass preferred * 20 Jones & Laughlin Steel pref. 100 205 Lowest Sale Prices 1 Sale 22 10 140,216 Carnegie Metals 9,489 Clark (D L) Candy 24,411 Columbia Gas & Electric.. 250 6% pref series A_ 2,283 Consolidated Ice Co Copperweld Highest Sale. Prices 113 108 * Preferred 3,162 1,715 4,840 18,667 2,850 5,042 37.586 Ask 10854 ♦ Arkansas 511 Lowest Sale Prices Sept. 30 Ask Bid Bid 100 Preferred 2,249 Armstrong Cork Co 9,464 Blaw-Knox Co 2,049 Byers (A M) 10 Sept. 3 Ask Par 6,104 Allegheny Ludlum Steel 41 1 Price Jan. 2 Since September $6,666 RANGE SINCE JAN. PRICES IN SEPTEMBER PITTSBURGH STOCK EXCHANGE SALES In 1939 September 269,093 874,773 35,654 558,164 Shares_ Bond Sales 1939 1940 Stock Sales September Jan. 1 to Sept. 30 STOCK EXCHANGE 33 Sale 31 15c Sale 15c Sept. 4 Sept. 18 33 15c Sept. 17 Sept. 18 3 22 X Sale 1954 Sept. 13 22X Sept. 26 July 1554 May 7754 May 19 Apr 17 Sept. 26 Jan. 3 2X Jan. 1 UNLISTED 506 * 4,530 Pennroad Corp No par value. * v t c Ex-dividend, 1 IX Sale IX Sept. 3 2X Sept.24 1X May 24 In the earlier part the country, of this publication complete records of for the latest month and for the calendar General Quotations we combine in one only those dealt in index to the dealings date, year to are on the leading stock exchanges of not The following is an comprehensive whole, securities of all classes and descriptions, the exchanges, but also leading unlisted and inactive securities. on of In this department furnished. the different classes of securities quoted: Page Page Page 71 Joint Stock Land Bank Securities........ Federal Land Bank Bonds Mining Stocks.......................... 85 Real Estate Bonds... Municipal Bonds—Domestic............. 92 Real Estate Trust and Land Stocks....... 88 Textile Stocks........ 88 ........... 92 Foreign Government Bonds.............. 93 Industrial Bonds ..... Industrial Stocks....................... Insurance Stocks Canadian.. 81 —« 85 ..............100 Investing Companies Securities.......... 72 .............—....... 84 Railroad Stocks......................... Exchange Seats.84 94 101 .............. ................ Public Utility Bonds.................... 73 Title Guarantee and Safe Deposit Stocks. 88 Utility Stocks.................... 78 United States Government Securities..... 92 Public Railroad Bonds......................... 67 United States Territorial Bonds.......... 92 Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue. The letter "f" prefixed to bond prices denotes that the quotation is s flat price—that is. that the accrued Interest forms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. In the case of income bonds and bonds In default, the price always "flat," and no Is designating mark is employed to indicate the fact Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "aad dividend" that is the accrued dividend must be paid in addition to the price. It should cases be borne In mind In the use of these taoles that the the figures are obtained from sources which The following abbreviations are are motations for many inactive and unlisted securities are merely nominal, but in all considered reliable. often used, via.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬ dated "conv" for convertible, "s f" for sinking fund, "I g" for land grant, "opt" for optional. The black-faced type in the letters showing the interest NOTICE—All bond prices Bonds Bid RAILROAD BONDS Aberdeen AAsheboro 1st 5s'40JAJ f 30 Adirondack 1st 4%s 1942 gu MAS 82 Akron A Barb Belt < 4s 1942. JAD 100 Akron Oanton A Youngstown— art Ask 1st mtge gtd s 5s 1911- —J&J Baltimore A Ohio— 1st mtge g _ Gen A ref 6s 1945 series A.AAO / 47 49 49 _ , 1948———JAJ f 1948—JAJ f Alabama A Vicksburg Ry— 1st M g 5s 1974 * rieL A..MAN Albany A Susq 3%s g 1946..AAO Alleghany Oorp— Coll tr conv 6s 1944 FAA Coll A conv 6s 1949-.-..-JAD 110% . 108 Prior lien 6s 8 Gen Income 6s Oct 1 81 82 92 21* 78 int 1% to Sept 1 '46 M&S Conv gold due I960.—FAA 77 54% 104% 11954——MAN Atlantic Coast Line RR— 1st cons 4s July 1 1952—MAS Gen onlfser A 4%s 1964..JAD 10-yr coll tr 6« May 1 '45.MAN Lou v N aab v 4s Oct 1 '52.MAN .. 63 2.25 42 98 80 1.25% 44 99% 105% 86 105% 90 87 95 96 96 96 103% 110% 108% 99% 1.65 24 92 96 103% 111% 109% 100 3%% to Jan 1 '47.JAJ Tol Cinn Div ref 4s A '59—JAJ Eq tr 4%s ser D 1941....JAJ Eq tr 4%s ser El941-42.-AAO Eq tr 4 %s ser F 1940-44.-MAN Eq tr 2 %s ser J 1941-50 Bangor A Aroostook— 1st M 5s g Jan 1 1943—...JAJ Cons refund g 4s 1951—-—JAJ 4s stamped 1951 Plscat Div g 5s Jan 1943—AAO Van Bur Ext 6s g Jan '43. AAO Battle Or A Sturgis gu 3s *89.JAD Bedford Beit 1st 5s 1938——JAJ Beech Crk Ext 3% 1951—.AAO ... Belt Ry of Chatt 1st 5s *45.-JAJ Belvidere Del cons 3%s 1943-JAJ Equip tr 2%s 1941-1947..MAS Big Sandy Ry 1st g 4s 1944..JAD Birmingham Southern-— 99 Equip trust 3%s Dec. 1 1940-46 Birm Term 1st g 4s 1957 gu.MAS Boonvllle St L A Sou 5s '61.FAA Boston A Albany 5s Oct '63..JAJ 5s June 1942 112 97 74% 86 65% 4%s Impt 1978 1st mtge 4%s ser 3%s Jan 1 1951 Ref 3%s 1952 gu 77 87 67% 63 Equipment trusts— "*4%s ser E 1941 FAA b 2.15 2%s ser F 1941-1952—AAO 6 2.15 2s ser G 1941-1950—--AAO b 2.00 67% 66% 2.50% 2.50% 1.75% Atlantic Coast Line (Conn)— Irred ctfsot indebt 5s.. JAD Atlantic Coast Line of S O— Gen 1st g 4s July 1148 —JAJ Atl A Danvilk 1st 4s 1948 JAJ 2d g 4s 1948 .—JAJ Atlantic A Yadkin gu 4a *49. AAO Aug Term 1st gu g 6s 1947..AAO Augusta Un Station 4s 1953-JAJ 75 95 35 36% 30 31% 57% 102% JAD .....FAA A 1943..AAO JAJ N Y O—AAO ..... Boston A Maine RR— 1st mtge 5s ser AO 1967...MAS 55 59 104% Ask 1st mtge 5s ser II 1955...MAN 1st mtge 4 % a ser J J 1961. .AAO 1st mtge 4s ser RR 1960 JAJ lnc M 4% ser AJuly '70 ..MAN 5s series T Sept 1 1941 5s series U Nov 1 1941— 5s series V Mar 1 1942 5s series W April 1 1942.... 5s series X July 1 1942 5s series Y Jan 1 1943. 85 56% 58% 69 70 3 %s 1910-1944 JAD b 4s June 1 A Dec 1 1940-49... 16 2.25 3.50 33% 34 4%s 1941-1943 5s 1941-1944— AAOlh MAN b 2.00 2.25 38% 39 1st mtge gu 4s Boat A Prov deb 5s 1955....FAA/ July 1 1938. / 7% 94 33 34% 33 34 Boston Rev Beach A Lynn— lstm 4%b Juy 15 1947-JAJ16/ 6s ext to Jan 15 1947 JAJ 12% 13% 58% 59% 45 45% JAJ Buffalo Creek 1st 5s 1941 JAJ 1st ref 5s 1961 JAJ Buffalo Rochester A Pittsburgh — 0.50% 1.00% Cons mtge (stamped modified) int at 3% to 1946 due 1957— Buff A Susquehanna RR Corp— Mtga 4 %s 1944 Mtge 4a 1942 85 ... 85 90 93 JAJ —FAA Equipment trusts— 1.50% 2.50% 1.25% 1.50% Boston ANY Air Line— 52 1.25 1.50 2.00 2.25 1.50% 1.75% 94% 94% 62 64 62% 65 — / Boston Term Co 4s1950 3%s 1947..FAA 1st 4s Dec 30 1963 ...JAJ Equip trust 2 %s 1940-47—AAO 6 81 45 35 52 Canada Atl Ry 1st 4s 1955.. JAJ Canada South 5s 1962 ser A.AAO Canadian National Rys— 2s guaranteed 1942 2s guaranteed 1943... 67% 90 105% 14 41 94 97 76 41% 41% 66 69 100% Cambria A Indiana RR— 81 8% 3 39 Burl Cedar Rapids A North— Con 1st A coll tr 5s g '34—AAO / 3% Certificates of deposit / 2% Cambria A Ol'field 5s g '41—JAJ 100% Gen M g 4s 1956.....FAA 101% 1.80 1.40% 64 66 i 80% 82 I _.JAJ FAA Guar 7-year 2 %a 1944....FAA Bessemer A Lake Erie— 30 1.25% 1946 5s series FF Jan 1 1947 5s sreies GG April 1 1947 97 69 S'western Div 1st M due 1950 int _ 1st 6s ext May PLEA West Virginia— Ref 4s ext to 1961 .MAN 54% 104% 5s series EE Jan 1 94% 68 Ref A gen M ser F due 1996 _ 6sutamped 1950. AAO/ Allegheny Valgen is 1942-.MAS Allegheny A Western— 1st mtge guar 4s 1998..— AAO American Refrig. TransitEquip 6s ser P. G A 0. *41- 46 Ann Arbor 1st g .s 1996 Q J Ark A Mem Ry B ldge A Term— 1st M 6s 1964MAS Aroostook Nor 6s g 1947 AAO Atchison Topeka A Santa Fe— Gen mtge gold 4-1996..-.AAO Adjustment 4s July 1 1996 Nov Stamped .....MAN Conv g 4s of '09 due 1965. AD Conv g 4s '05 due 1955.. JAD Conv g 4s of '10 due 1960. JAD Conv deb 4%s 1948 JAD Trans S L 1st g 4s 1958...JAJ Cal-Arls lstAref4 %s'62 opMAS Rocky Mt Div 4s 1965.. A.» Eq tr 2 %s 1940-1949 MAN 6 Athens Term Ry 1st g 6s *37--JAJ / Atl A Blrm. See Seab d Air Line Atlanta A Charlotte Air Line— 1st M 4% 1944 ser A JAJ lot M 6s 1944 ser B JAJ Atlanta Knoxvllie A Northern— 1st mtge gold 6s 1946...—JAD 1st cons 4s Mar 1 2002—MAS Atlantic City 1st 4s 1951—.JAJ 4s, July 1948—AAO 4% ext sec notes l944._ —F&A Stamped modified bonds: 1st mtge gold due 1948 int at 4% to Oct 1 1946.AAO Ref A gen M ser A due 1995 X int at 1 % to Dec 1 *46-JAD ^Ref A gen M ser O due 1995 interest at 1 1-5 % to Dec 1 1946 JAD Ref A gen M ser D due 2000 int 1 % to Sept 1 '46.MAS 85 Bid JBoston A Maine RR (Continued) \ustin A Northwestern— 86 Bonds Ask Bid Bonds „ Gen A ref 5 %s 1945 ser B.AAO / 47 Alabama Great Southern— 1st cons g 5s 1943 ser A...JAD 110% 1st cons 4s 1943 ser B JAD 107 % Alabama Tennessee A Northern— period Indicates the month when the bonds mature "and interest" except where marked "f" and Income end defaulted bonds. 2.00 7-year 1.75% 1.75 22 77 93 78" 66% 67" 85 85% 59% 59% 60% 60% 70 72 76 71 71 19 75% 69% 70% 19% 98 98 96% 96% 96% 5s series CO Jan 1 1945——5s seriesDD June 1 1945... FAA 4.00% 4.25% 4.25% 103% 101 3s serial coll tr 1941 ..FAA 3s conv coli trust 1945....AAO 3%s 89 94 91% JAJ MAN 3s 15-year gtd 1959 JAJ 4%s guaranteed 1951 MAS 4%s guaranteed 1956 FAA 4%s guaranteed 1957 JAJ 4%s guaranteed 1955 JAD 5s 15-yr. guaranteed 1954.FAA 5s guaranteed July 1 1969 JAJ 6s gtd Oct 1 1969 AAO 6s guaranteed 1970 FAA Equipment trusts— 4%s series J 1941-42...MAN 5s series K 1941-1944—MAN 4%s series L 1941-1945. J AD Canadian Nor deb 6%s '46..JAJ Canadian N W 4 %s Oct 22 1943— Canadian Pacific Ry— 94 91% 2 %s 1946 3s 13-year guar 1950 _JAD 3s 16-year guar 1950-.—.JAD 3s 15-year gtd 1953 FAA 1.25% 87 84 5s seres Z May 1 1943 5s series AA April 1 1944 5s series BB April 1 1944... guar 3s guaranteed 1944 3s 15-year gtd 1952 108 93 93 conv coll trust 1951—FAA 4s conv coll trust 1949 J&J 4s cons deb (perpetual)...JAJ 4%b secured ctfs 1944——JAD 4%s coll trust 1946 MAS 89 78 4%s coll trust 1960 JAJ w\ a Called for redemption; see page 111. b Basis. / This price includes accrued Interest, £ Last sale, n Nominal, r Payable in Canadian funds. RAILROAD 68 BONDS NOTICE—All bond price* are "and interest" except where marked "f" and income and Quotations for all securities are a* near as possible for the closing day of the month preceding Bonds Canadian Pacific Ry 6s coil trust 70% 4%s 77 100% J&J 1940-1945--------J&D 1944 Caro Cent 1st g gu 4s 71% 74 M&S 5.25 1949.. J&J 45 33 Oaro Clinch & Ohio Bs *52-J&D 1 £ 1st mtge 4s ser A 1965 M&S 107% 102 % Carthage & Adirondack— 48 1st mtge guar g 4s 1981—J&p 103 % Catawissa RR g 4s 1948 A&O Central Arkansas & Eastern-— 1% 1st 5s 1940 ---J&J f Central Branch Union Pacific¬ ist 4s 1948 J&D f 12 Central of Georgia— 25% 1st Mg 5s Nov 1 1945—-F&A 4% Cons gold 5s 1945 ---M&N IX Ref & gen 5%s 1959 ser B.A&O IX Ref & gen 5s 1959 ser C—A&O - Equipment trusts— 4%s series Q 1940-----M&N _ 101% 4.25% 102% DUluth South Shore & Atlantic— 1st gold 5s 1937 2.00 2.10 1.75 30-yr conv 4%s 1960 M&S 30 2s series T 1940-1950-—M&N 6 Chicago St Louis & N O— Con g 5a June 15 '51 J&D 15 Con g 3%s June 15 *51-J&D 15 M«m Div 1st. 4s 1951. ..J&D 2 2% 1.50 1.00% 1941-1952—-J&J 4.00 1951---J&D Macon & Nor g 5s 1946---J&J Mid Ga & Atl 1st 5s 1947--J&J Mobile Div g 5s 1946 J&J Oconee Div 1st 5s 1945— -J&D Cent New Eng 1st gu 4*1961 J&J 5% 2% 2% 2% 3.00% 7X Eq tr 4%s 1910-1944 A&O b Chicago South Sh & So Bend— Sink fund 3s ser B 1963 J&J 4s series T "5" Chic Ten e Haute & Southeast— 1st & ref g 58 Dec 1 *60 opt J&D Inc mtge 5s Dec 1 I960---M&S 7 9 48% 50" 1987-J&J -J&J 15% 14% F&A 1.50 15% 15% .075% 1st ref 4s g guar 1949---—F&A 1st g guar 4s Oct 11954—A&O 66% I960 F&A European loan 4s 46-----*&» Central RR & Banking of Ga— 45% (now 1st) g 5s Gen M 4s 1987 Eq tr 4%s 1941 (yr) Gen M Guar 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 / Choctaw Oklahoma & Gulf— Pacific— Central Guar g 5s Consol gold 5s 1942—-M&N of South Carolina— 1st ref 6s 1940-1976 Central Vermont Ry— ^ 4.85 99% 63 65" 63 107 Eq trust 2%s 1941-1952. _ A&O 127 Cin Northern RR 1st 4s 1951 -J&J 102 1st M 3 %s ser D 1971 M&N 1st mtge 3%s ser E 1969--F&A Cl'field & Mah 1st gtd 5s '43.J&J 106% 2%s Ref & b 1.65 b 1.55 1941-1950------F&A b 1.65 110 -^--r l%s 1945—F&a 1946-.----J&J 4s S9-J&J 4s 1989--------J&J Paint Creek Br 4s Potts Creek 4s 109 R & A Div 1st con g 115% 108% 2d con g Warm Spr Val 1st 5s g 41-M&S Chesterf & Lancaster 5s '55--F&A / 5 imp 4 %s ser E - 1934---A&O Chicago & Erie 5s 1st g *82- .M&N 1st consol 6s gold 1st mtge 4s w I 1988 Gen mtge inc 4%s w 85 75% 81% 92 97 1.70 14 13 21 2.75 123% 101% 26% 58% 1959.M&S -J&J i 2038 J&J 56 Ser D 3%s gen ' —— ---- 1st ---- 29 108% 109% 83 104% 106% 104% 109 110 104" 107% 104 106 78 80 57 59 76% 69% --J&J - 1955 14 Connecticut & Passumpsic M&S 60 30 1.75% 65 21 20 19 8% 7% 1.90% 10% 69 105 35 2.60 f 26 27 f f f 27% 27% 27% 27% 27% Equip trust 3%s 1941-53A&O Eq 4%s *41-'43 E & F (yr).J&J Eq 4%s 1941 G & H (yr). J&J Chicago & North Western — b 2.75 b 2.50 b 2.00 Mar 15 '51-M&S 15 ..M&S Consol Rys (N H) deb 4s 54.J&J Deb 48 1955 -J&J Deb 4s 1955 A&O Deb 4s 1956 guar J&J 1st M gu 4s 1st 5s 1951 27 5% 1% 1.75% 1.80% 28% 29 2.00% 1.75% 1.00% f f f 16% 15% 16% 1st guar 4%s 19 20 21 11 f 10% 10% 2% 11% 11% 11% 2% - - 11% 100% 1957 Grand Rapids & 78 9% Grand River 12% 102% 80% 13% 8 18 14 2% 1% 1% 5% 2% 50" 50% 95 Indiana— 101% J&J Valley—See Michig Grand Trunk Pacific— 1st M 3s 1962 103 101 J&J 4%s 1941 1st 3 %s 1941 an Cen tral 72 J&J 70 (Mountain and Pra!rle)4s 1955 (Lake Superior) 4s 1955 62 64 68 70% 72% 78 80 Albgu.-M&N 1962 Can Govt gu.-J&J 64 Grand Trunk Western— 71% 75 4.75 62 1st g gu 4s 5 July 1 1950 J&J Eq tr 5s Dec 14 1940-'43 (yr)._ Grays Pt Term g 5s 1U47 J&D 4.00% Great Northern— Gen M 5%s 1952 ser Gen M 5s 1973 ser O 90 111 116 4%s 1976 series D J&J 1977 series E J&» 4s ser G 1940 J&J Gen mtge 4s ser H 1946----J&J Gen mtge 3%s ser I 1967—J&J Secured serial 4s '41-44--A&O Gen 4%s Gen mtge . 17" 15 • 18% 1st 5s W 24 1.65 1.25% Va 99 J&J Midland Ext 5s '54.J&J Guantanamo & 84% 100 M&N 64 60 6% 5% Western— Gulf Mobile & Northern— 1st 5%s 1950 ser B 1st 5s 1950 series O 33 J&J 1 st M 6s 1958 series A 2.50% _ 86% 84 80% A&O Secured notes 3s 1941-1945-J&J Equip tr 2%s 1940-1946—J&D . 82 93 1.75 1.30% 63% 63% 63% 63% Gulf Mobile & Ohio RR— Gen inc 5s ser 9 A w i 2014—J&J 1st & ref 4s ser B w i 1974-J&J Gulf & Ship Island RR— , 88 6s Feb '52. J&J Stmpd (July 1 1933 cpn on)- 1st ref & term g 2 85% Gulf Terminal of Mobile— 1st mtge g 4s 1957 gu . Harlem R & Portch—See Harris Ext 68% 84 102 99 Debenture ctfs B Feb 54% 5% 1.75% 1.75% 1.75% 2.00% 92% 96% 83% Debenture ctfs A Feb 2% 92 106 96 1944 Greenbrier By— 1st g guar 4s 1940 Green Bay & Western— 10I" 7% 100 Greenbrier Cheat & Elk— 20 21% 19% 115 105 M&S Eq tr 2s 1941-1947 4 107 99% 91% 91% J&J Gen 112 18 106% 105 *61 opt '41-J&J B J&J 1st & ref g 4%s 99% 97% Ports Mt Joy & 4s J&J NYN 64 60 H & Ha rtford Lane RR 1943 Hoboken Ferry 5s 1940 108 --J&J M&N 21% 35 47 44 123% 125 99% Hocking Valley 4 %s 1999—J&J Holidaysburg Bedford & Cumb— 1st M g 4s 1951 guar .J&J Hoi yoke & West 4%s 1951--A&O Housatonic con 5s 1937 M&N 100 Hudson & Manhattan— 4% 1st gold 5s 1957 opt Tunnel-— M&N ,98 100% 103% 1964 1 1941-1947 Detroit & Toledo Shore M&N 1.75 1.25% Line—■ 1953 Dext & Piscataquis 4 %s Duluth Missabe & Iron b Basis. 2% 2% Gen 4s 17 J&J '49--J&J 105% 108 60 Range— 1962—A&O l%s 1341-1950 A&O 1st mortgage 3 %s 107% Eq tr Called for redemption; see page 111. 3 1 deposit-. 45" 1961 1st gold guar 4s 76 1% 31 Eq tr 2%s - 4.00% 2% f Certificates of deposit Georgia Fla & Ala 1st 6s '52.F&A f 48 Georgia Midland 1st g 3s '46.A&O' 111 Ga RR & Bkg ref 6s 1951 A&O 101 4s Jan 1 1947 J&J Ga Sou & Fla 1st g 5s 1945 48% J&J 31 Deb 5s 1952 ..A&O 55 Goshen & Deckert'n 1st 5%s 1978 55 2nd ext 6s 1979 M&N / Gouvernour & Oswegatchle— 33 1st 5s 1942 J&D 18 16% 112% 108% 83% Detroit Toledo & Ironton— 17 15% r f 50 60 15 J&J| Ga & Ala 5s Oct 1945 J&J / Ga & Ala Term 1st g 5s 1948. J&D / Georgia Carolina & Nor— Ext at 6% to July 1 1934 / Georgia & Florida RR— 1st M 6s 1946 series A M&N 1.75% 1947.-M&S 1st 5s Mar f 71 4%s 1982 1995—J&D 2nd Mort.gold4s Detroit Terminal & 17 con 4s 1995-J&D Des Plaines Val 4%s 16 1.25% 1.75% 1.75% 1.25% 1st 4s Feb 15 '42 2.20 / 12 / 12 / 12 / 12 Cuba Co extend 3s 1955—__J&J / 3 Cuban Nor Rys 1st 5%s, '42 J&D 17% Cuba RR 1st g 5s 1952 J&J / 18 7 %s extended to 1946—.-J&D / 18 6a extended to 1946 -J&D / 17% Imp & equip 5r 1960 M&N / 17% 13 Danbury & Norw ref 4s 1955.J&J / 101 Dayton Union Ry 1st 4s '49-J&J Del & Bound Br 3%s 1955--F&A 99% Delaware & Hudson— 1st & ref gold 4s 1943 54 M&N Delaware Lackawanna & Western 3.25 Equip trust 4s Apr 1 1941-49.- / Del aware River TerminalSee Reading Co. Denver & Rio Grande— 1st con g 4s 1936 7% J&J 1st con g 4%s 1936-.6% J&J Denver & Rio Grande Western1% Gen income 5s Aug '55—F&A Assented subject to plan — 1% 5 Ref & impt 58 1978 ser B.. A&O 2.25 Eq tr 4%s 194l-'42 (yr)—M&N 2.00 Equipment trust 5s 2.25 4%s series C 1942 M&N 2.60 2s series F 1941-1950-_M&S,& Denver & Salt Lake Ry— Inc mtge 6s Jan 1 I960-An Apr 65% 95 lsi 4s 1950 J&J De* Moines & Fort Dodge— Ctfs of dep for gtd 4s 1935-J&J Det & Mack 1st lien 15% 16% 16% 1st Certificates of 107% Rivers A&O 1943--.-1943 15% 15% 0.75% 11 8 Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D / Fort St Un Dep Det 4%s *41-J&J Connecting Ry (Phila)— b 27% F&A '44-J&J 24 105 5.00 73 H (s-a)_ —.M&S „ Concord & Claremont 5s 1st gold 4s -M&S - gold 4s 1950 ref 4%s '52 opt.-M&N Amended 86 Colum & Toledo 4s 2.00% — 1st 84 1960 35% 55% 7% 6% J&J 4%s '59-J&D gold 1943 Genesee River 6s 75% 69% 14% 2.50 f 98 B__A&0 5s 1.75 65 ;__J&J / cons 1.50% A..A&O Colo & Southern 4%s 1980.M&N Columb & Hock Val 4s 1948-A&0 b M&N f 2.00 C.-A&O RR— Equip tr 2%s ser A 41-52-M&S Coal Rlv Ry 1st 4s gu 1945.J&1) Coeur d'Alene& Pend Oreille Ry—- 2.20 Proof of claim filed f 5%s 1972 series s f 5s 1973 series s Cllnchfield 85% 76% 82% 92% 97% 1.25% 5 1% f 104 1st M 11% 1.25 1.75 2.20 Proof of claim filed Cleveland Terminal & Valley— 1st 4s gold guar 1995 M&N Cleveland Union Terminals— 15 A&O Fonda Johnstown & Gloversv— Gen ref 94 27 26% 20% 15% Certificates of deposit.. 52 gtd 1950--F&A A.F&A Gen & ref 4%s 1981 ser B-.J&J Cleve Short Line4%s 1961.-A&O 5s Eq 4%s 1941 102% 32% 26% Floridk Southern gu 4s 1945.J&J Florida West Sh 5s 1934 J&J 101 _ Gen & ref 4%s 1977 ser f f a cons Florida East Coast 12 10 70 26% M&N impt M 5s 1975 1st & ref 5s 1974 99% 32 A&O A&O Eq 4%s 1941 LL (s-a)—M&S Eqtr4%s 1941-43 (s-a)--M&S Eq tr 4%s 1941-1945 J&D Eq tr 4%s 1941-1944 F&A Eq tr 4%s 1941-1942 J&J Erie & Jersey s f 6s 1955 J&J 1st 92 55% 55% 70% Ser B 4%s gen gtd 1942--A&O Ser B 3%s gen gtd 1942_ -A&O Ser C 3%s gen gtd 1948--M&N 50-yr 5s 1975 series A F&A Conv adj 5s Jan 2000. A&O Eq tr 5s ser J *41 to *44—J&D 4%s ser L *41 to *45—M&S 2%s ser M 1941-1947--M&S 2%s ser U Dec 1 1940-1949Chicago Milwaukee & St PaulGen g 4s A May 1 1989 J&J Gen g 3%s B May 1 1989.J&J Gen 4Kb May '89 series G-J&J Gen 4%s May '89 ser E—J&J Gen M4^s May *89 Ser F. J&J 1987 M&N Stmpd 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%s May 2037 C J&D 53 57 55 68% Florida Central & Peninsula— 91 77% 54% 53% 68% _ Conn River gold 4s _ Gen M 3 %s g 1987 100% 90% 91% lsts f 4%s 1977 series 2.35 Equip tr 4%s "A" 1945--A&0 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J 63 Chicago Indianap & Louisville— Ref M g 6s 1947 series A—J&J 19% Ref M g 5s 1947 series B—J&J 18% Ref M g 4s 1947 series O—J&J 18 1st & gen 5s 1966 series A-M&N 7 1st & gen 6s May '66 ser B. J&J 7 2.50 Equip tr ser E 1940-1944-A&O Monon Coal— N on-cum inc 5s 1955(w-s)„/ 9% Chic Indianapolis & St LouisShort Line 1st 4s 1953 A&O 65 Chic June RR 1 st 4s 1945. .M&S 103 Chicago Memphis & Gulf— Ext at 3% to 1962--——J&J / 33 Chic Milw & Gary 1st 5s "48-A&O / 2 Chic Milw St Paul & Pac RR— Gen M gold 4s 105% 100% J&D 1977.J&J '91--J&J 4s '90 M&N St L Div 1st col tr g 1st 11 Chicago Burlington & Quincy— Gen M 4s 1958 ------M&S 1st & ref 4 %s ser B 1977--F&A 1st & ref g 5s 1971 ser A—F&A Illinois Div 3 %s *49 op *29.J&J 4s July 1 1949 -J&J Eq tr 2 Hs 1940-1947 A&O b Chicago & Eastern 111 (new colGen M 58 May 1951 M&N / Certificates of deposit / 5» income w i 1997 / Eq tr 3%s ser C '41-'51--M&N 6 Chicago & Eastern Illinois-— Chic Great West 1st 4s 108% 72% Cleveland & Pittsburgh— Ser A 4%s gen gtd 1942—J&J 0.50% 0.80% 1.00% 1.25% 1.25% 1.35% 98 Chicago & Alton RR— Refunding g 3s 1949---—A&O f - 105 108 101 53 J&J A--A&O 1953 Ref & 43 71 CW&M Div 1st 4s g 1.20% 55 Ref & imp M 5s 1967 58 54% 99 J&J 1953 Series D 86 J&D General 4s gold 1993 Gen M 5s ser B 1993 . M&S 1945-1949 2s 1941-1947 B Series Louis— Clev Cine Chic & St — . 2.00% 2.50 Cincinnati Union Terminal Co— 102 1.65 106% A&O 1st & ref 5s 1965 5s stamped 1965 Erie prior lien g 4s 1996 Gen lien gold 4s, 1996 Conv gold 48 1953 ser Cinn New Orl & Tex Pacific Ry— Chesapeake & Ohio— 126% General 4%s gold 19M---M&S 101% Ref & imtp 3 %s D 1996--M&N Ref & .mpt 3 %s ser E 1996 F&A 101% Ref & impt 3%s ser F 1963 J&D 105% JUUV^il notes. AO 1941 J&J 101% notes, 1942 J&J •103 notes. 1943 J&J 104% notes, 1944 J&J 105% 106 notes, 1945 J&J notes. 1946 ----J&J 106% Equipment trusts— _ 4%s series W 1940 A&O 6 1.00 4%s 1941-1945 M&N b 1.35 1.50 3s 1941-1946 J&D b 80 102 El Paso & Southwestern RR— 78 105 25 73 101% 3%s ser A 1970.-M&S Eq tr 2%s Dec 1 1940-49 & Wililainsport— 1st 6s 1910 ext at 4% 1950-J&J Income 5s 2862 A&O El Paso & R 1 1st gu 5s 1951 .J&J 2.50 ,_M&N Cinn & Muskingum Valley— 1st 4s 1948 F&A 96 107% Elmlra 49 1st consol gtd 4s 1942 A&O 1st 5s *47 J&J 4s 1957 gu.-J&J 1st 5s 1946 Chatt Rome & Sou Chattanooga Sta 4.00% 98% Eq tr 5s Dec 14 1940-1944 (yr)_ b Oharleston & Western Carolina— 94% A&O 1st mtge 76 Cine Indianapolis & West RR— 1st (stmp mod) 3-5s 1965-M&N Cincinnati Lebanon & Northern— 84 v ^ M&N / 1952 Cincinnati Hamilton & Dayton— General 5s gold 1942 J&D 54% 50 ---_ 46 35 Coll tr 5s ext'd to Central RR 67% 67 - -.A&O 1944 4s 1st mtge 3 %s ser E 1963—J&J Guaranteed 3%s 1951—M&S 1st mtge 3%s ser F 1963..J&J M&N Edmonton Dun vegan & British Columbia Ry 4%s 1944--A&0 Elgin Joliet & Eastern— Chicago Union Station— Central of New Jersey— 19% 95 M&N Eastern Ry of Minnesota— Nor Div 1st g 4s 1948 Chic St Paul Minn & Omaha— Chatt Div gold 4s M&S Western N O— East Tenn Va & Georgia— Consol 1st g 5s 1956 2.50 8ec 4 %s 1952 ser A 8ec 4% ser A certifofdep 17% 104% -J&J 1958 1st 4s 1st stamped 5s 1965_ 0.75 Equip tr 2%s 1941-1950.-F&A 1934 opt to 1911__A&0 Certificates of deposit- Penn East Tenn & 1.60" 1.25 2.25 _M&N deposit--... Ref g 4s 14% East 1.50% 1.50% 2.00 12% 12% 6% 5% 6% 5% 1% Certificates of 55 Ask Bid Bonds Ask Bid Chicago & North Western (Con.) Equipment trusts— 4%s series U 1941-43. -M&N 4 %s series V 1911-44 F&A b 4 %s series W 1941-44--M&S ft 4 %s series X 1941 F&A b 2%s Dee 15 1940-1949 Chicago Rock Island & Pac Ry— General gold 4s 1988 J&J (Continued) 1954 6sconv coll trust 1942 Equip trust 6s Bonds Ask Bid defaulted bonds the date of issue 1.50 /This price includes accrued interest. 1.25% 20 48% Adj inc up to 5% Feb *57-A&O / 1st M 4%s 1957 conv—-F&A Huntington & Broad Top Mt RR & Coal extend 6s 1940 A&O / Extended 6s 1940 A&O / Illinois Central— 1st gold 4s 1951— —J&J 1st gold 3 %s 1951 J&J 1st extended g 3%s 1951—A&O 1st g 3s sterling 1951 M&S Coll trust gold 4s 1952—A&O fcLastsale. . nNominai r 50% 45% F&A 45% 12 13 49 3 % 88% 83 87 83 35 70" 44 45 Payable in Canadian funds. 69 RAILROAD BONDS Oct., 1940] NOTICE—All bond prices are Quotations for all securities are Bonds Bid "and interest" except where marked "f" and Income and defaulted bonds as near as p >sslble for tbe closing dajr of tbe month preceding the date of issue Bid Bonds Ask Ask Louisville & Nashville— Illinois Central—(Concluded) 44 101 2003 ser B——A&O 102 X 46 M 1st & ref 5s Pur liens 1st 40* 40* 1st & ref 4 Mb 2003 ser O—A&O 95 96 Collateral trust 4s 1953 Ref mtge 6s 1955 42 M 52 M 43 * 1st & ref 4s ser D 2003...A&O 'St & ref 3Ms ser B 2003--A&O 90 91 X Ref g 4s 1966 opt 1918..MAN w 3*ti 1952 .J&J M&N M&N 40-year 4*s Aug 1 1966.P&A Carlo Bridge 4s g 1950-.J&D Lltch Div 1st g 3s 1951 J&J Loulsv Div 3*8 g 1953 J&J Omaha Div 1st 3s g 1951..F&A St Louis Div g 3s 1951 J&J Gold 3 Ms 1951 J&J Sp'field Div ext 3 Ms 1951 J&J Western lines g 4s 1951..F&A Equipment trusts— 2Mb ser T 1941-1949—M&S 3s ser R. 1941-1952 M&S 4Ms ser M, 1941 M&N 4 Ms ser N. 1940-1941—A&O 4M» ser O. 1941-1942—J&J 4 Ms ser P, 1944 .! A&O 4s ser Q, 1941-1944 F&A 41 X 53 X 42* 78 45 68 58 59 42 48 50 70 55 M 92 M 60 M Ext mtge Ext mtge 49* 40 71M 1.50 1.75% 2.00% 0.75% 0.75% 1.25% 1.75 1.25% 1.25 1.25 45 * 43 M J&D 46 44 X 1st 5s 1st gold 4s 1950 65 X J&J Indianapolis & Louisville— 1st guar 4s 1956 J&J T 15* Indianapolis Union— Ref & imp M 3 Ms ser B *86 M&S 104 Internat-Great North Ry— 1st M g 6s 1952 series A J&J 8* AdJ M 6s July 1952 ser A.April 1* 1st M 5s 1956 series B J&J 8 1st M 6s 1956 ser O—J&J 8 Equipment trusts— 1.25 4Mb ser A 1940—J&D 2.00 4MsserlesB 1941-1942. A&O Internet Rys (Central America)— Purch money 5s 1972 76 J&J 1st M 5s 1972 opt 76 M&N 1st 1 & ref 6 Ms 1947 85 F&A J&D 1938.-J&D 5 M&S A&O / 55 X 93 87 Midi 57 Certificates 73 1.85 1st 108 cons 1st cons - 1st ref 5 Mb 1978 ser B J&J 25-year 5 Mb 1949 M&S Minn Terminal 1st 3 Ms '50..J&J Minn Transfer Ry 3 Ms 1956.J&O Missouri Illinois Bridge and Belt RR 6M 5M m 24 27 IX 48 M 55 1 2M 1M 40 80* 2.25% Mo Kans & Okla 5s 1942 M&s 85" 70 90 Prior lien 5s 1962 70 90 Prior lien 4s 1962 ser J&J Prior lien 4Mb 1978 ser D.J&J AdJ M 5s Jan 1967 ser A..A&O f Eq tr 2 Ma 1941-1952 F&A b Missouri Kan & Texas Ry Co— 1st gold 4s 1990 J&D Mo Pacific RR (new company)— Missouri-Kansas-Texas 80* 82 92 94 87 90 80 43 J&J F&A Certificates of deposit 1st & ref 5s 1977 ser F—M&S Certificates of deposit 90" 40* 43 72 ...J&D 68 M 57 M 78 70 M 1st & ref 5s 1981 ser I .F&A Certificates of deposit Conv g 5 Mb 1949 ser A—.M&N 1.80 1.90 J&D 1.40% 1.50% 19 X 59 M 20 X 20 20 * Gen con gold 4Mb 2003..M&N 20 X 21* 4Mb assented 2003 Gen con gold 5s 2003 20 21 M&N M&N 24 25 25 5s assented 2003 26 5s assented 1941 Lehigh & N Y 1st 4s 1945—M&S Lex & East'n lstgu 6s 1965. .A&r J&D Eq tr 4 Ms *41-'44 F fyr)..M&N Equip tr 2 *s 1941-1949—F&A Mo Pac (old)—Gen 4s 1975-M&W 3d ext 4s July 1 1938 M&N Mobile & Birmingham— Prior Hen 5« 1945 ....-J&J 5s small 1945 Gen M g 4s 1945 45 43 * 43* 51* 45 51* / / Secured 5*8 1940 1956— 60 35 36* 54 Litchf & Madis 1st 5s 1959.M&N Little Miami guar 4s 1962._M&N Little Rock & Hot Spr West Ry— 1st gold 48 1939 guar —J&J / 3 Mb 1950.-A&O / 65 106 10 70 11* 82 Long Island— Mohawk & 1949 M&S Refunding mtge 4s 1949—M&<* 4s stamped 1949 M&S Equip tr 4Mb 1941-45 (yr)_F&A b J&J Equip trust 3 Ms 'o 1946..A&O b La & North West 5s 1935..A&O / Louisville Henderson & St Louis— 94* 93* 93* 2.25 84* 2.00 20 112 X Secured interest at exchange rate of 4.8665. r Payable in Canadian funds. 95 93 13* 1st & ref 4s ser A 1973 M&N 1st & ref 4Mb 1973 ser B—M&N New York & Long Branch— 53 17M General gold 4s 1941 M&S General 1st 5a 1941 .M&S N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv—J&J15 Deb 4s May 1 1957 M&N Deb 4s July 1 '55 non-conv J&J Deb 4s 1956 non-con v.. _M&N Deb 4s 1947 non-conv...M&S 25* 2. )0 2.40 IX 71 17* 16* 16* Deb 3 Ms March 1947 M&S Deb 3*8 1954 non-conv..A&O 1M Deb 3*8 1956 conv J&J 15-year secured 6s 1940...A&O 1st & ref 4Mb 1967 J&D 1* 1.25% 2.00% 2 *s 1,941-1949— 2 Ms 1941-1950 3s 1941-1951 67 M 37 36* 44* 43* 1.25% 1.25% 2.10% 1.75 2.65 26 X 26 * 28" 55 M 59* M&S F&A 106* 124 121 17* 3* 14* 14* 13* 10* 10* 10* 27 17* 2.65 2.75 2.50 2.25 Gen M g 4s 1955 red J&D New York Pennsylvania & Ohio— Prior lien ext 4*s. 1950—M&S / New York Phila & Norfolk— 4* 2* 96 Y Short Line 4s 1957——F&A 104 N Y & Stamford 4s 1958.—M&N New York Susq & Western— 35 N J&J F&A Gen mtge. 5s g 1940 F&A Term 1st g 5s 1943. M&N N Y Westchester & Boston Ry— 1st M g 4 Ms 1946 guar—J&J 2nd 5s 1946—J&J 99* 85* 19* 4* 8 53 4* 100 Southern— 1st & ref g 5s '61 opt '15—F&A Certificates of deposit Norf & South 1st 5s 1941.M&N 43 SI* 40 Certificates of deposit 36* 1st 6 Basis. 65 '40 52 Norfolk & Car 55 2.25 Stock trust ctfs 4s 1948.—J&D N Y Prov & Bos 4s 1942 A&O N Y & Putnam 1st 4s g 1993.A&O Norfolk 30 redemption, see page 111. 78 M&S 1st refunding 5s 1937 2d mtge 4 *s 1937 40 M 105m 56* 4Ms9-15-41to3-15-45M&S15 4Mb 1941-1946 J&J 78 75 42 M 2.00 100 Equipment trusts— 2 74 K 92 for 96* 23* 42 Called 2.75 16M 15M 16M 15M 16M 15M 16M 15M 16M 15 M 1M IX J&J a 2.25 22 35 * R.MAN 85 33 Malone— 4 *« 1956 s«r 70 58* 86* N Y & Hob Fy 5s May 1946—J&D New York Lack & Western— Montgomery & Erie 1st 5s 1956Morris & Essex 3 Ms 2000 J&D Constr'n 5s 1955 ser A M&N <"V»nsr.r'n 88* 12 X 5 35 Si 42 X - 1.60 2.35 2.75% M&S Gen 6s 1955 A&O Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S 85 4* M&S 22 58* 3.50 New York Ontario & Western— Ref 1st g 4s June 1992 M&8 1st guar g 4s 1991 Montauk Ext 1st 5s 1945 110* M&N Har Rlv & Pt Ches 4s '54 M&N N Y & N J Ferry 5s 1946 .J&J M&S Oonsol gold 3Mb 2002-..M&S Monon Coal—See Chic Ind & Lou Monongahela Ry Co— 1st mtge 4s ser A 1960--.M&N Monongahela Sou 5s 1955—. A&O 109 1st 4s ext g 1947 2d ext 5s 1939 M&S 3d mtge 4*s 1938 M&S New York & Greenwood Lake— Guar g 5s 1946 M&N N Y & Har 1st g 3 Ms 2000.-M&N 93 95* 94* 95* 1.75% 84* 1.25% 60 106* 108* 65 Eq tr 4s 1941 1943 M&S Eq 4 Ms 1941-1942 fyr)_.J&J15 Eq tr 2*s 1941-1955 F&A Montgom Div g 5s 1947.-F&A Certificates of deposit.. 102* 83 96 3.00 . Certificates of deposit 5s 1938 C ertificates of deposit Secured 11M 57* 63 M 87* 61* RR— 1st M 4 Ms 1953 series A—F&A 1st guar 5s 1953 series B F&A New York & Erie RR— J&J Gen gold 4s. 1938 Ref & Impt 4Mb 1977 115* 11X 15 98 62 M M&S M&S 4s small 1945 Mobile & Ohio— Lincoln Park & Charlotte— J&J J&J J&J 14 X 11 J&D 4*s 1941-1945 M&N 2 *s Mar 15 1941-1952 New York Chicago & St Louis— 1st 3 Ms extend 1947 A&O Ref 5Mb 1974 ser A A&O Ref 4Mb 1978 ser C M&S 10-yr 68 coll tr 4s 1948..-F&A 3-yr 6s ext'd notes 1941 A&O Equ pment trusts— 2*s 1941-1947 M&S 3s 1941-1951 J&J 75 RR— A.. B 1st & ref 5s Jan 1965 A 108 86 ser 3Ms 1959 N Y Cent equip trusts— 4s 1941-1949—.. New York Connecting 103 X 3.00 1959. A&O 2*66 107 Spuyten Duyvil & Pt Morris— 8094 A&O Deb 48 1942 tax-exempt..J&J L 8 coll tr g 3 Mb 1998 F&A M C coll tr g 3 Ms 1998—.F&A IX 1* 76 M 78 M 1951 RR 1st 5s 71 F&A 5* 4* 5M 28 b New York Central & Hud Riv— Ref g 3*s July 1 1997—J&J 6* 1* J&J J&J 4s cons Mo-Illinois ...J&D Nominal, 86 18 20 10-year 3*s sec s f 1946--A&O 3 *s conv secured 1952 M&N 73" 73 gold 4s 1938 J&J gold 5s 1938 J&J 5s 1938 gu Int....J&J 2d M gold 4s guar 1949..-J&J 1st ref 68 1946 series A_. J&J 99* 20 4s assented 2003 n Ref & Impt 4 M» 2013 A Ref & impt 58 2013 C 15* 73 J&D 1st & ref 5s 1978 ser G—M&N Certificates of deposit 1st & ref 5s 1980 ser H—A&O Certificates of deposit 1st mtge gold 5s 1946 J&J Louisville & Jeffersonvllle Bridge Guaranteed gold 4s 1945..M&S 15 18 Equip trust 2 Ms 1941-1949F&A Cong g ref 3 Ms 1997 J&D Leamington & St Clair 4s '45 A&O Lehigh & Lake Brie 4 Ms '57.M&S Lehigh & New England— 1st M gold 5e 1945 J&J Gen mtge 4s ser A 1965...A&O Bqui ptr 4 Ms G 1940-45.. M&N Eq tr 3s ser K 1941-1947..J&J Lehigh Valley Harbor Term Ry— Louisiana & Ark 5s A 1969 / cons 1st 71 65* 69 M 1.00% 1.50% 1.40% 30 33* — 70 Minn St P & Sault Ste Marie— 68 30 Certificates of deposit 1st M 4Mb 1956series D..F&A (Certificates of deposit 26 . 34 M 1.30 1st mtge 5s ext at 3 % to *47 J&J 2d 5s 1941 J&J Lake whore & Mich South— cons . 38 64* 68* 31 New York Central RR— Cons mtge 4s 1998 ser A—F&A 24 6M 1M M 20 63 / / 64* 25* A&O 31 59 J A_Q-F of deposit.. 1st 7s ext at 6% 1932 Certificates of deposit Lake Erie & western RR— Unified g 4s. 62 22* 40 27 J&D Ms 1939 J&D Mil Sparta & N W 1st 4s 1947M&S M11&State Line 1st 3 Ms 1941.J&J Minneapolis & St Louis— 5s ctfs of deposit 1934* M&N 1st refdg gold 4s 1949 M&S 30 97 Long Dock 21* 60 Certificates of deposit 1st M 5*8 1954 series A—A&O Certificates of deposit 1st 5s 1956 series O F&A Equip trust 4*8 Newport & Cincinnati Bridge— 1st M g 4Mb 1945 guar— fc_J&J Newport & Kichfor Is 5s 1941 6 5 100 Certificates of deposit 52 RR 4% franc bonds (Foreign series) 1960 J&D Midland of New Jersey— ext at 5% to 1940 ...A&O Midland Valley 5s 1943 A&O AdJ M Apr 1 '53 ser A Sept Adj 5s series 3 1953 Sept—.. Con ext 4 106 58 1939 65* 18 61M 70 M 13 J&J New Orleans Texas & Mexico— Non-cum lnc 5s *35 ser A—A&O 65 M 32 b Lehigh Valley Ry of New York 1st 4Mb gold 1940 Ji 4Mb assented 1940 X 36 3* 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 New Orl Term 1st 4s 1953..J&J 1st 5s 1954 series B Minneapolis Northfield & Southern Ry 1st 6s '41.-M&S J&J b Con M 4M« ann irred Gen cons gold 4s 2003 50-year 1st 5e 1983- 116 62 88 J&J irred General 5s Jan 1 1938 New Orleans Great Northern— 1st 4s 1957 J&J Middlesex Val 1st 5s 1942—M&N 108 Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR— list gold 4 Ms 1961 J&J 14 Ms stamped 1961 J&J 4Mb plain 1961 J&J 1st mtge 4Mb unguar 1961.J&J ann 45 67 Kansas Oklahoma & Gulf— Con M 6s 24 65 6 * 62 37 Valley— Ref & ext 5s Feb '62 ser 2Ms ser G 1941-1916..M&S b 1.90 Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J 107* 1st mtge 6s 1954 Lehigh valley— 1st gold 4s 1948. 88 M 20 1st 3 Mb Sept 1 1951...M&S Joliet & Northern Indiana— 1.00% 1.25% off. .1951 1951 M&N J&J Oonsol g 5s July 1 1945 J&J 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 64 M 105 Kan C Mem & Bir 4s 1934.-M&S / Income 5s Mar 1934 Sept 1 / Kan City Sou 1st g 3s 1950.-A&O 1978 40 M&N 62 Grand River coupon receipt No 4 on Naugatuck 1st 4s 1954 New Eng cons 4s 1945 gu 1.80% 92 * 104 Kan City Ft Scott & Memphis— Ref g 4s 1936 guar A&O / Certificates of deposit / 5s 2.25 1st ext 4Ms 1939 1st 5s June 1 1944 J&D Kanawha Br & Ter 6s 1948.A&Q Kana & Mich 1st 4s 1990—A&O M April 1914 Assent cash warrant and scrip 4s Sept 1914 coupon on 1977. / 4sSept 1914 coupon off...1977/ 4s Asst(cash warr & coup)_1977 Michigan Central— Ref & impt 4 M» 1979 ser O. J&J 1st gold 3 Ms 1952 M&N Joplln Union Depot Co— 1st — 81M Manila RR Sou Lines— 1st 4s extend 1959 9 1* coupon on) .. 54 M 75 Milwaukee & Northern— 1st g 4s 1959 guar J&D Joliet & Nor Ind—See Mich Cent 1944-1946 — 79 M 1st 4s 1959 M&S Jackson Lansing & Saginaw 8* 104 M 3s 4s(Apr 1914 49 66 M 96 Frank & Clearfield— gef tr Impt JanApr1941 1943 1 1950.-J&J q & 3s F 5s 1 con 1st mtge & coll 4s ser A 45 J&D Conv gen 4Mb ser A 1960.J&D Secured 6s 1959 1st ser -J&J _ 1M 1967—J&J B 1st 114 82 105 M ser 90 1st g gu 5s Nov 1 1959—M&N Meridian Term 4s '55 guar.M&N 9M * scrip receipt No 5 on 1977. Natlonal RR of Mexico- 74 Mexican International— 1M 1st & gen mtge 5s 1967 J&J Ref & ext 5s ser A 1967—J&J Ref & ext 6s — 85 17M Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— Jamestown 87 * 1957. on coupon off 1977 Assent cash warrant and ^ 70 & .. scrip receipt No 4 Gtd gen s f 4s (Apr '14 coup on) April 1914 42 50 1st & ref g 4s 1951 Jacksonville Gainesville Gulf Ry 1st 58 1951 1957—. off 1957 coupon on coupon Prior lien 4Mb assent cash warr't & scrip ret No 4 on '26 / gtd 3 Ms 1941 — J&J Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963—.—..A&O M'shfleld & S'east—See Wis Cent Memphis Union Station Co— 112M ;«* Iowa Central 5s ctfs 106 * 87 1951 . 1st 109 —J&J J&J Debenture 4s i96l July 1914 July 1914 72 J&J J&J 1947 Macon Terminal 5s 1965 Maine Central— 66 2.25 M&S Assent cash warrant and Manitowoc Green Bay & Western Indiana Bloomington & Western— 1st ext 4s 1940 A&O / 100 Indiana Harbor Belt RR— Genl mtge 4s 1957 Gen mtge 4 Ms 1957 Indiana Illinois & Iowa— 85 X 105 1952 Equiptment trust 5s to 1944— N O RR jt 5s, A, 1963—J&D O, 1963 84 103 X 105 Macon Dublin & Savannah— 1.25% 1.75 2.40 87 M 1.75% Eq tr 2*s 1941 National Rys of Mexico— Prior lien 4 Ms— Jan 1914 coupon on 1957 110* L & N Terra 1st g 4s '52 gu J&D 2.40 111 Cent RR Co & Chic St L & 4 Ms series 86 2.10 103 % 103 % 105 M 105 Eq tr 2Mb 1940-54—..——unif 3Ms A 50.-J&J unif 4s B I960--J&J Atl K & Oin Div 4s 1955. .M&N Pad & Mem Div 1st 4s '46.F&A St Louis Div 2d 3s 1980—M&S Mob & Mont 4Mb 1945—M&S Southern Ry joint Monon collateral 4s, 1952 J&J 79 Bid Bonds Nashville Chattanooga & St 1st M 4s 1978 ser A ..F&A «r«n a 5s 1954 out. J&J / Price includes accrued interest, 11* 11* 8* 29 k Last sale* BONDS RAILROAD 70 NOTICE—All bond prices are "and Interest" except where marked Quotations for all securities are as near as possible for the closing day oi Bid Bonds Norfolk Term 1st gu 4s '61-M&N Norf Term & Transp 5s '48-F&A Norfork & Western Ry— 1st con is 1996 - A&O Norrist'n & Maine 1st 4s 52 M&S Bonds 127 Cons 1st g 5s July 1 1943--J&J Pittsburgh Term RR & Coal— 5s assented 1942 J&J 126 91 North Pennsylvania RR— Gen g 3 3-lOs 1953 Northern Cent 5s 1974 A M&S 804 11£4 A '74-M&S 107 4 J&D — Gen & ref g 4 4" ser Northern Ohio Ry— 644 A&O f 1st gtd g 5s 1945 1st mtge g 5s (stamped cancella¬ tion of guarantee 1945.-A&O 35 734 1997—-Q&J 44 Q&F 2047 52 Ref & imp 4 4s 2047 ser A- J& J Ref & imp 6s 2047 ser B—J&J Ref & imp 5s 2047 ser Ref & Imp 5s 2047 ser 108" 67 49" 66 58 O—J&J D„_. J&J 584 Eq tr 25*s 1941-1947 M&S Eq tr 24s 1911-1946 J&J & Eq tr 2'Ms 1941-19*0 F&A|5 Nor RR of N J gen 4 4* 2000 .T&J f N'western Term Co 5s 1948.F&A / N'western Term RR 5s Apr 1977Norwlch & Worcester 4 4» 47M&8 Ogdensburg & Lake Champlain— 1st guar g 4s 1948 J&J / Ohio Connecting 4s 1943—M&S Ohio & Little Kanawha 5s '50 M&S Old Colony RR 4s 1938——J&J 2.00 2.00 2.25 15 744 44 4 534 664 594 584 1.60% 1.60% 1.75% 2l" 97 50 4 4 4 '42 ser A M&S15 / Pennsylvania Company— 28-year secured 4s 1963—-F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 31*8 1941 F&A Gu tr ctfs g 31*s 1942-—.J&D Gu tr ctfs g 31*s 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons 1st extend 5s 1949 A&O Cons mtge 44s 1939 Cons 1st extend 41*s'49 — ' 65" 60" 1044 107 1054 534 604 504 574 554 60" 554 115 2.00 2.00 2.15 2.20 474 48 Apr 1 / 4 1074 F&A op.J&J / 45 "6" Pere Marquette Ky— 1st g 58 July 1956 ser 1st g 4s July 1956 ser 724 604 55 — .J&J Equip trust 24s l911-'46 Perkiomen RR ext 3 4s 1951.J&J Phila & Bait Ceut 4s 1951--M&N b 1.85 b 2.00 b 1.95 1104 62 64 1.40% 1.65% 1.50% 78 1004 Phila Bait & Washington— M&N Gen 4s 109 A&O 1154 1084 1064 April 1 1960 Gen 5s 1974 series B Gen M 4 4s 1977 ser O— J&J 4 4s series D 19R1 _.T&D Gen Phila & Chester Val 4s 1948.A&0 J&D 95 Con g gu 44s ser A 1940-A&O -—A&O M&N 44s series B 1942 44s series C 1942 M&N 4s series D 1945 34s series E 4s series F F&A 1949 4s series H 1960 - 44s series I 1963 44s series J 1964 Gen M 5s 1970 ser A Gen M 5s 1975 ser B Gen M 4 4» 108 1114 a 108 1084 1074 1004 110 744 M&S 1074 / / / / Certificates of deposit / 1st & cons 6s 1945 ser A—M&S / Certificates of deposit--.-.. / 5% secured notes 1931 F&A / Receiver ctfs 3-3 4s '45—F&A Atlanta-Birmingham Div— 1st g 4s May 1 1933 M&S Seaboard-All Florida Ry— 6s ser A ctfs of deposit—— 6s ser B ctfs of deposit---./ Seaboard & Roanoke 5s 1931 J&J / Seacoast RR prior lien 5s '48_ A&O Shamokin Sun bury & Lewisb'g— , J&J Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 34s 1936.-F&A / Somerset Ry 1st & ref 4s '55--J&J -J&J 1st M 4s July 2 1950 g M&S 54s 1964. 1941 A&O / 1.25 1.50 684 68 1.00% 1.20% 1.75 1.70% 1.25% 1.85 1.50% 1.50 J&J 1956 90 89 85 St ImpM 3 4s Mary^ ser A '60 J&D Div 1st 4s 1951F&A 864 1st mtge 4s ser B 1967 Toledo St Louis & Western— 1.25% J&J 67 1st gold 4s April 1 1950 A&U Tol Term lit 4 4s *57 gu M&N Tol Walhoudlng Valley & Ohio— 85 1st g gu 4s 1942 ser C M&S Hamilton & Buffalo— 1st gold 4s June 1 1946 J&D ~6~~ 994 644 109 1054 Toronto 64 116 944 1947- J&J 66 754 1084 125" 84 84 14 3 24 4 34 4 3 44 44 44 —M&N Series B 1957 1134 984 984 1034 1.80 111 114 1014 1st mtg g 4 48 1934 112 121 108 1074 108 J&J July 1914 coupon off J&J / Cash war & scrip ret No. 6 on 13 121 1074 if era Cruz & Pacific RR— 61 9 35-year 34s debs 1971—M&N 34 vear 3 4« debs 1970 —A&O Ref mtge 3 48 ser A 1980—J&D Eq tr 24s ser E<l941-'52—J&J Union RR (Penn) 1st 5s '46-M&8 Deb 6s 1946 .\i&8 Union Terminal Co (Dallas) — 1st mtge 34s 1967 F&A United N J RR & Canal Co— 1st 4 4s Sept 1 1979 M&S General gold 4s 1944 M&S 1st 4s Sept 1 1948 M&S 1st 44s Feb 1 1973 F&A Gen 1st g 34s 1951 M&S Vandalia RR 4s 1955 ser A—F&A 104 „ 94 94 3 4 34 60 - 66 41 Vermont Vail 1st 4 4s 1940—A&O --- 4 10J Vlcksburg Bridge Co— 24 14 17 24 25 70 974 1st 24 994 72 62 64" 49 s f 4-6s 1968 M&S Vlcksburg Shreveport & Pacific— i*r lien 6s '15 ext 5% '40—M&N Gen 5s May 1 1941 M&N ref & impt 5s 1973 M&N Va & Southwest 5s 2003 J&J 1st cons g 5s 1958 A&O Virginian Ry 3 4s A 1966—M&S 764 100 984 84 76 584 108 51 63 _ 114 South & North Alabama— 50 18 674 Toledo Peoria & Western RR— 94 , South Bound RR 1st 5s J&D Ref & 18 100 —A&O A&O Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O 1014 J&D .68 Toledo & Ohio Central— 664 304 Phoenix-^- _ 115 Called for redemption; see page 111, 654 2d ext'd 5s 1945-.- 674 674 Union Pacific— 1943 J&J Joaquin Val— 1st g 5s Oct 1 1940 A&O San Fran Term 1st 4s 1950--A&O ist guar g 4s San Fran & San 119 F&A 1st M 107 102 92 Toledo Canada Southern & Det— 1st ry & land gr 4s g Stamped 106 ser 16 . 1st gold 4s 1950 954 1064 67 Ann Mar A&O O-.A&O B ser 85 1972 -—J&J Salt Lake City Union Depot and RR 1st 5s 1938. M&N Salt Lake & Ogden 5s 1934— San Antonio & Aransas Pass¬ 1st & re' 5b 122 44 44 974 Consol M 44s 1966 ser A. F&A Transylvania RR 1st 5s 1956 J&J Union Depot (Columbus, Ohio)— Gen 4 4s 1946 J&J 1989M&N Co— 111 14 54 1144 Seaboard Air Line Ry Pitts Shawmut & Northern— 6% receivers' ctfs 1929 Pitts & Shawmut 5s 1959-- F&A / Scioto Val & N E 1st 4s 105 1977 ser C—J&J 34 904 — 70 109 1084 J&D A&O 73 1084 944 4sser B 1911-1943.. -M&N b 4 4s ser C 1911-1944 J&D b 2 4s ser D 1910-1952 M&N b Tex Pac-Mo Pac Term RR— Duluth— g 4s 1968 J&D Mortgage 4s Dec 1 1996.-J&D St Paul East Gr Tr 4 4s "47--J&J St Paul & Kansas City Short Line 101 1074 J&J '26 J&J Equipment trusts— 44» ser JJ 1911-1942—A&O b 4 4sser A1941 1943 F&A b 4 110 F&A F&A M&N 2.00 - Gen & ref 5s 1980 ser D 104 94 80 100 J&D M&N 1953 48 series G 1957 1st gold 58 2000 2d 5s Dec 1 2000 Gen & ref 5s 1977 1.00% 1.25% 1.50% 1935. J&J 1174 1054 107 4 1104 Equ'pment trusts— 44s series K 1911-1945-J&J b 1104 90 F&A Texas & New Orl 5s 1943 Texas & Pacific Ry— 94 94 Schuylkill & Leh 1st 4<* '48-M&N Pitts Bessemer & Lake Erie— J&J 70 1st 4s 1990—J&J 1144 J&D 1st M 54s 1950 guar Texas City Term 6s 1941 111 Southwestern— 1st guar 4 4s 1941 Paul Union Depot— F&A ref 8 f g 4s *53 opt '10.J&J & impt M 34s B *74-J&J Texarkana & Fort Smith— 854 1.50 70 110 Ref 94 94 10 65 Gen 10 4 A 86 36 1957 Terre Haute & Peor 5s 1942.M&S 10 1 st g 58 1942 Savannah & Atlanta 6s & Northern— Cons gold 5s 1947 Pitts Cin Chic & St Louis— 54 Certificates of deposit 294 14 4 84 4 38 Term RR Assn (St Louis)— 1st consol gold 5s 1944 6 Ry— 64 4 1034 ...M&S / 1st extend 3s 1948 Tenn Ala & Georgia 4s 6 6 Gen & ref 5s 1979 2.25 18 92 Tavares & Gulf RR— 65 110 Phila & Reading 34s 1966 84 80 26 2.00 A&O Berwick RR 5s 1952 66 94 94 4 39 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 4-64s '53.-J&J / 11 Gen & ref 5s ser 5s 1952 con Sullivan Co RR 6s 1944 65 1184 83 A&O 97 RR—See "Read'ing Co. .J&J 44 Philippine Ry 1st 4s 1937 Certificates of deposit 34 Suffolk & Car 64 ..M&N 214 224 Susquehanna Bloomsburg & 654 2d g inc 48 Nov 1989 J&J / 1st term & unif 5s 1952—J&J / J&D J&J / A&O 1989 4 4 264 74 244 Equipment trusts— 44s ser es BB 1941 F&A 4sseries CO 19H-1943.M&N;& 4 4s series DD 1941-45.A&O 76 J&J 5s 1955.J&J / g 36 35 .A&O 1094 Phila Newton & N Y 3s 1942 Piedmont 35 Santa Fe Prescott & 104 F&A 1st gold 4s 1943 834 1084 Cons in 4 V*s 1978 ser A—M&S Certificates of deposit stpd-. St 724 1st 3s Dec 1 115 1st consol Ry— 724 204 214 106 Ry 44s 1943 J&D Stephenville Nor & Sou Texas— 24 1st M guar g 5s 1940 stmp__ J&J / Sturgis Goshen & St Louis Ry— 102" 10 St Paul & 80 694 1st 4s 1995 1004 Certificates of deposit 1950 series B.J&J 1.60% 1.75% 1.80% 50 Spok Internat 1st 87 Prior lien 5s 1. 47 Oertiticates of daposit A—J&J B..J&J 1st 4 V*s 1980 ser C-. M&S Equip tr 4!*s 1941-1945..M&N Equip tr 25*s 1941-1947.-M&N 954 J&J 1989 0.75% 1.20% 1.40% 77 J&J 1951 .J&J Spartanburg Union & Columbia— 40 Prior lien 4s 1950 series A_ J&J 1st g 4s 1,25 1.50 1.75 Staten Isld 101 a M&S St Jos & Grand Island 4s '47.J&J St Lawr & Adirond 5s 1996--J&J St Louis 824 b 1st Mem Div g 5s 1996 101 L Cham 5r 1944 Francisco 91 58 774 Aiken Branch 4s 1998 St Clair Mad & St Louis Belt— St Louis-San 584 604 1910.-J&J Stark Elec RR 1st 7s 1952...J&D _M&N 1941. .M&N St L Peo & N W 5s 1948 12 44sseriesCC 1910-44—J&D J&J 74 754 1.30% 1044 . 1.00 A&O / 4s series BB 1941-1943.M&S b 63 103 .. 2.50 b Equipment trusts— 44s8eries AA 1910-41.A&O 1024 St Johns & 2.10 2.50 2.40 8t Louis Div 1st g 4s 1.60 b Q&F 1074 1910-1950. J&D b 1911-1952 M&N 6 25*s Oct 1 1940 1954 A&O 6 2!*s series K 1941-1955.J&J 6 Peor & East cons 4s 1940..A&O inc 4s 1990 604 734 724 105 1st mfr» 34s 1965-M*S 1054 Rich-Washington 4s 1943 J&D Rio Gr June 1st gu 5e 1939..J&D / 30 Rio Gr So 1st g 4s 1940 J&J. 1st g 4s guar 1940 J&J / 4 Rio Gr West 1st 4s 1939 J&J/ 254 1st coll tr 4s 1949 opt A&O / 74 Rock Island Ark & Louisiana— 1st guar 4 4s 1934 M&S / 7 Rock Island-Frisco Term Ry— I 77 1st M 4 4s 1957 J&J| 54 Rutl Can 1st g gu 1s 1949 J&J / 44 4s stamped 1949 J&J / 5 Rutland con 4 4s 1941 J& !/ 44 44s stamped 1941 J&J / M&N F&A J&D g 5s Dec 1 1968 J&D M 41*s 1981 ser D—A&O M 4^s ser E 1984—J&J cons 114 103" Certificates of deposit 2 5*s series G 2 5*s series H 68 63 Rich & Mecklenb'g 4s 1948. M&N Richmond Term 1st 5s 1952 .J&J 1.25 1.50 2.00 Stamped (Fed tax) 1955. J&J Railway— 1 st consol g 5s 1994 J&J Develop & gen Mg4s *56. A&O Develop & gen 6s 1956 A&O Develop & gen 64s 1956—A&O 63 Term 5s g gu May 1 *41 5s 1942 Rensselaer & Sara 6s 414 414 544 Southern 89 102 101 113 1st ref g 4s 1955 opt 44 101 1st 42 Southern Pacific RR Co.— 1014 66 1947--J&J M&N Philadelphia & Reading RR— stamped 1948 1960 1st g 51*s 1974 series A Peoria Ry Ter 4s 1937 gu 77 24 394 464 (Golden Gate Ferries) 1st 54s 1949 101 1951 opt'06.-A&O 2d gold 6s 19Q6 1034 1104 1134 1204 104 4 1034 1094 1094 Gen 994 994 Gen 994 994 Gen 92 4 924 Deb 41*s 1970 A&O 92 4 914 Gen M 3 5*s ser C 1970—A&O 87 4 87 4 Conv deb 31*s 1952 A&O b 1004 to 994 30-yr secured 4s 1941-1964.J&J Equipment trusts— 1.00 0.50% 41*s series D 1941 M&N b 2.25 1.75% 4s series E 19'1-1949—J&J b 2d Southern Pacific / M&S / Eq 4 4s 1941-1915 (s-a). Con M 41*8 gold Gen g 41*s 1965 Peoria & Pekln Union 101 St Louis Iron MountainJ& Sou— RL & Gulf Ul s 4s 1933.M&N 1034 101 914 90 Gen & ref 44s 1997ser A_. J&J Gen & ref 4 4s 1997 ser B. J&J Penn Ohio & Detroit RR— 4s 1034 1004 —J&J 4s 1961.J&J J&J '51-.J&J St Clair Term RR 5s 1950-M&S 53 1st & ref 41*8 1977 ser A.-A&O 1st & ref 4 l*s series B 1981 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948 M&N 1174 Alton Bridge lRt g 4s 484 Cons mtge 4s 1939 Cons extend 4s 1949—A&O 1?34 Delaware River Terminal— 107 105 A&O A&O A&o 3.00% 2.50% Imp M ext g 4s 1947 A&O Extended 4 4s Oct 1 1943.-. 18 1044 1054 1004 b . Jer Cent 4s 1174 7 55 6 A&O Raleigh & Augusta Air Line— 1st 5s 1931 J&J iP Paris-Orleans RR— 6% franc bonds (foreign series) red to 1956 J&D/ Paterson Extension 5s 1950.J&D/ 1961 5s 3.75 3.25 b 1.50 5s 1951. M&N Potomac Val 1st gu 5s g 1941. J&J Prov Sec deb 4s 1957 gu M&N 111 1164 117 5s 1946 J&J Oregon-WasKington RR & Nav— 406 1st & ref g gu 4s '6l opt--J&J PacFruit Express—See Sou Pac— 724 Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938 J&J if 62 Carondelet Branch— I 65 1st extended 44s 1938.A&0 / 65 St Louis City real est 5s '38 J&J f 1014 Paducah & III 1st 41*8 1955-J&JI cons guar Paulista Ry 1st 7s Guar gu o 604 604 2.9 \% 594 594 Portland & Rumford Falls— 54 54 54 4 Ore RR & Nav cons 4s 1946-J&D Ore Short Line 1st 5s 1946--J&J (Me) Term Ral & Gaston 1st 5b g F&A J&D 1st Port Reading lstgu 5s 1941 Portl (OP) Aug 1 '49..J&D 1st 4 4s (Ore Lines) 1977-M&S 40-year 4 4s 1968 M&S 50-year 44s 1981 M&N 44s 1969 with warr M&N 10-yr secured 3 4s 1946 J&J Equipment trusts— 44sseries H 1940--J&D 44s series J 19 H-1942..J&J 44s series L 1941-1944.J&D 44s series M 1941-1945M&N 24s Aug 1 1941-1954 — 2 4s series N 1910-1951 M&N 2 4s sirios Q 1941-55-.A&0 Pacific Fruit Express— Eq 5s 1941 D (yr) A&O 614 60 Raleigh & S'port Ry 5s '65—J&D f Reading Belt 1st 4s 1950.—M&S Reading Company— 4 1084 1st M 41*8 1950 series O—J&J Okla City-Ada-Atoka 6s '54-J&J 1st M5Hs 1944 1st M 5s 1945 series B 1st gen 58 1974 series C 1st 4 4s series D 1977 Prov Ter 1st g 4s gu 1956 Prov & Wore 1st 4s 1947 20 22 19 90 45 Pacific Co— Coli tr 4s 96 1084 F&A J&D J&D 1st M 5s 1962 series B Pacific— Prior lien g 4s Jan Gen lien g 3s Jan 1943.M&N Pitts & West Va Ry4 4s'58AJ&D 1st M 4 4s 1959 ser B A&O 1st M 44s 1960 ser C A&O Eq tr 4s 1941 1918 F&A Eq tr 3 4s Apr 1 1941-1946--.. Eq tr 2 4s 1940-1946 J&D Pitts Young & Ashta bula— 1st gen 4sserie8 A 1948 J&D 70 Southern Pitts Va & Char gu 4s 35 Certificates of deposit Northern 113 / Unassented Bid Southern 111 & Mo Bridge Co— 1st M g 4s 1951 M&N South Indiana 1st g 4s 1951--F&A Pitts Shenango & Lake Erie— 106 1205a - - - Bonds Ask Bid Ask _ ... "f 1 and Income and defaulted bonds the month preceding the date of issue Gen 6Basis. cons gu g 5s 1963 / This price includes A&O 116 accrued interest. mm m. -rn tm JfcLastsale. nNominal. r Payable in Canadian funds. RAILROAD OCT., 1940] 71 BONDS bond prices are "and Interest" except where marked "t" and Income and defaulted bonde Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue NOTICE—All Bonds and Stocks 2d gold 1939 F&A Deb mtge 6s series B 1939. J&J 1st lien term gold 4s 1954.J&J Det & Chic ext 1st g 5s *41. J&J Bid Ask Stocks 15 17 Morris & Essex Exten (guar) .100 Mt Carbon & Pt Carbon (gu).-50 Stocks 41 3* 44 123* M&N / 5s Par Cayuga & Susq (gu D L & W)_30 Central of New Jersey 100 Chattahoochee & Gulf (guar).100 Chesapeake Corp -* Chesapeake & Ohio common...25 Ask Bid Wabash Railroad Oo— 1st gold 5a 1939 143* / / / 263* 29"" / 43 46 Dee M Div 1st g 4s 1939--J&J/ 11 13 Chestnut Toledo & Chic 4s g 1941..M&S / Omaha Dlv 1st 3 Ms g '41. A&O Wabash Railway Co— 40 12"" Chicago Burl & Quincy Chicago & Eastern Illinois— 83* Preferred series A Hill SM w 1 I 57 Unstamped (guar L & N) Nashv Chatt & St Louis S4M 38 Newark 40 100 common 5M 6M 6M 5 6 Chicago Great 5M 4% 5M 6M 5M 63* 6 5M 6M Washington Co Ry 1st g uar 3^8 Jan 1954 opt 192 ..J&J Washington & Franklin Ry— 1st extend 4 Ms 1954 J&J Wash Term Co—3V*s 1945..F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4 Ms 1947 F&A 70 55 3* " 65 101M 1083* 1103* West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 50 M 51M 1st g s f 4s 1990 A&O Western Maryland 4s 1952.A&0 1st & ref 5 4s 1977 ser A.. J&J Eq tr 4 3*s E 1940-1941...J&D b 62 64 88 883* 93 M 0.75% 1.25% 1.50% Eq tr 23*s 1940-1946 Eq tr 2s (J 1940-1949 J&D b 1.65 b 2.00 West N Y & Penna 4s 1943.A&O Western Pacific RR Corp— 1st M 5s 1946series A....M&8 f Assented 5s 1946 f Equipment trust 5s .1943 b Western Ry of Ala 4 Ma '58.-A&O 14 M ISM 133* ISM 2.25 1.75% 90 Wheeling & lake Erie RR— 1st consol gold 4s 1949 M&S 11SM b 1.60 Eq tr 2 Ms F Nov 15 White & Black River Valley— . 1st 5s 1980Wichita Falls & Southern— J&J / 1.20% 15 12 i 1st 5s extended 1948 J&J / 20 Wichita Union Terminal Ry— 1st ggu 4 3*8 1941 opt M&N 1033* Wilkes-Barre & Eastern— 1st guar g 5s 1942 J&D / Willamette Val Southern Ry— 6s 1939.. F&A / F&A 65 Wilmington & Nor 4 Ms '77.. J&D Wilmington Ry Bdge 5s '43.A&0 95 1st s f guar 3 Ms 1970 Wisconsin Central Ry— 1st gen g 4s 1949 Certificates of depoeit 1st & ref 4s 1959 1123* 108 M&S J&J / / A&O / 27 M 27 M 163* 27 10 11 Sup & Dul Div 4s 1936...M&N / / Certificates of deposit Marshfield & S'eastern dlv 1951 Worcester & Conn Eastern 73* 73* 4s M&N V 31 Ry— 1st gold 4 Ms 1943 -J&J / Yosemlts Valts f g 5s 1936 J&J / 53* 18 22 50 76 78 50 90 93 Alabama & Vicksburg (gu) ...100 73 Albany & Susquehanna (gu).-100 Albany & Vermont (guar) 100 Alleghany Corp common &M% pruf (with .$30 warr)_100 5M % pref (without warr)__100 112 76 115 44 48 com 2 M % prior conv pref * Allegheny & West (6% guar). 100 Atchison & Eastern Bridge 100 Atchison Topeka & Santa Fe.lOO 5% 100 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar) 100 non-cum pref 3* 113* % 126 113* 10 10 M 19M 20 73 76 45 16 3* 51M 16M 50 M 793* 47M 1M 1M 58 49 1M\ o\*/a Peoria 2 13* 13* SM preferred Prop trust ctfs Preferred (capital stock Green Bay & western Greene (guar D L & W).j M 42 M 45 1M 33* 5 50 59 63 13* ■1M 53 67 3* 80 80 55 Leased lines (guar) 100 2 6 1 4 3 6 19 Atlantic Coast L Co of Conn__50 Atlantic Coast L RR com 100 15M ISM ISM Augusta & Savannah (guar)..100 Avon Gen & Mt Morris (gu)-100 Bait & Cumberland 7% gu 50 27 7 Baltimore & Ohio common 43* 53* 93* 453* 10 Lehigh 463* 29 33 Belgian National Rys Co— American shares partic pref— Boston & Alb (guar N Y G)..100 10 Boston & Maine common 100 100 50 100 100 Unstamped— 1st pref 5% class A 100 1st pref 8% class B.....100 1st pref 7 % class C 100 1st pref 10% class D 100 1st pref 4 3*% class E 100 6% non-cum preferred 100 7% prior preferred 100 Stamped— Common 100 35 43* 53* 88"" 86 13* 13* 1M 1M 1M 13* 2M 6M 13* 2 13* 23* 2 3 1st pref 7% class C__ 1st pref 10% class D 1st pref 4 M % class E 13* 23* Oaro CHnchfleld & Catawissa RR O (guar).. 100 1st pref 2d preferred (quar) (guar)..60 50 (guar) Little Miami original guar... ^nec mi «r betterment stk. Lit Schuvl Nav RR & Ooal(gu) 2 3 . i'M (guar N Y Central) M line Central 5% preferred 6% prior preferred 13 Mo-Kan-Texas RR 31 33 41 7% preferred series A Missouri Pacific com 5% conv preferred Mobile & Birmingham— 33* 90 393* 393* 4% 7M 15M 40 M 2M i V* 42 3 20 i rA ~53* 18 65 75 42M 44 2M "23* SM 143* 23 193* 61 28 42 M 43 12 40 135 68 k 57 3* 18M 525 Troy & Bennington (guar) 100 Troy & Cohoes 50 Troy & Gr'bush (gu N Y C).. 50 Tunnel RR of St Louis (guar). 100 non-cum preferred common 51 55 550 65 750~" 5 35 37 36 39 1 5% ..100 Y* 100 M 50 3 24 M 100 Ry 8M 12 M 21M 30 25 75 7 118 43* 78 8 77 20 44 133 833* 79 240 52 8 28 59 89 63 61 44 3* 33 100 preferred A 100 Ware River (guar) 100 Warren N J (guar D L & W)__60 West Jersey & Seashore (gu) 50 Western Maryland Ry com.. 100 1st preferred. 100 4% non-cum 2d pref ..100 9<§ non-cum Western Pacific RR Corp— 6% non-cum preferred ..100 Wbeelintr & Lake Erie Ry__..100 4% prior lien.. 100 5 H % cum preferred 100 % SM Wilton (guar Boston & Me).. 100 % M 2 2M 100 25 25 6% preferred Wabash 22 100 31 * Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar) .100 5% non-cum pref (guar)...100 Virginian Ry— 16M .M 50 Mob & Ohio stk tr ctfs (gu)-100 Southwestern of Ga (guar) 100 Stony Brook (guar).. 100 Sussex (guar D L & W) 50 Syracuse Bing & N Y (gu)._.100 Tennessee Central * Preferred 100 Texas & Pacific Ry 100 4% % M 55 37 "j— SM preferred.. 93 50 Utica Clinton & Bingham (gu)100 Preferred (guar) 100 23 5 non-cum preferred 100 50 90 500 50 5% non-cum United N J RR & Canal (gu)_100 Utica Chen & Susq Val (gu) 100 90 56 3* 17 5% Union Pacific common 185 * Morris & Essex (guar) t4% 111 Cent stk ctf 1952.. 1000 Reading Co 50 4 % non-cum 1 st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga Tguar).100 Roch & Genesee Val RR (gu)-100 Rome & Clinton (guar) 100 Rutland RR 7% pref 100 Rutland & Whitehall (guar).. 100 St Joseph South Bend & Sou— Common (guar) 100 Preferred (guar) 100 St Louis Bridge 1st pref (gu)..100 2d preferred (guar) 100 St Louis-San Francisco Ry 100 6% non-cum preferred 100 18 100 100 35M 10 50 78 ..100 Southern Ry common 100 Montgomery & Erie (guar). 44 Prov & Worcester (guar) Railroad Securities Co— 1M 50 pref (guar) 100 Mobile & Ohio—See Southern Ry 13 154 9M Yi 96 non-cum 100 100 48 100 com.. (guar) 4-2% non-cum preferred Sbamokin Vail & Pottsv (gu) Sharon (guar Erie) Southern Pacific Oo new 2 100 100 Mississippi Central 15 Preferred ~2~ 100 4% leased line ctfs 11 623* Youngstown & Ashtabula— 10 50 ..50 Mill Creek & Minehiil Nav (gu)25 Mine Hill & Schuyl Hav(gu)_.50 Minneapolis St P & S 8 M— 175 1M 100 60 50 100 81 154"" 9 100 Massawippl Valley (guar) Michigan Central (guar) Midland Valley 5% pref 12 383* 33* 883* 373* 373* 50 Louisville Henderson & St Louis— Preferred (guar) 100 Louis & Mo Riv pref (guar)..100 Loulsvilh & Nashville ..100 Pref 2 M 6M 13* Preferred .... 443* 36 50 * Vallev 258 42 3 66"" 100 Lackawanna RR of N J (gu)_.100 Lake Superior & Ishpeming 100 5ft -9 223* 33 15 113 4 43 100 2M 100 2 100 .♦ new 12 27 22 100 98 61 City Southern 100 100 St Louis Southwestern 41 Kansas 50 Saratoga & Schenectady (gu).100 Schuylkill Valley Nav & RR(gu)50 Seaboard Air Line common * 100 Lvkens Valley RR & Coal (gu)_20 Mahoning Coal RR 5" 1 1 com preferred.. 32 15 25 15 J* Joliet & Chicago(guar) 100 Kj. i Allegan a Gr Rap (gu)-.lOO K C St L & Chic—Pref (gu)_.100 4% non cum preferred Kansas Okla & Gulf pref A 70 1st pref 5% class A 1st pref 8% class B_. 100 100 100 100 100 6% non-cum pref stamped-.100 Boston & Providence (guar).. 100 Boston RR Holding pref 100 Oamden & Burl Co (guar).. 25 Canada Southern (guar) 100 Canadian Pacific! 25 5 70 27 M 50 Lexington Union Station- 50 r 4% non-cum pref Bangor & Aroostook com 5% conv preferred Beech Creek (guar N Y O) 16 Intornat Rys (Cent Am) 15 10* 15 Securs Co 63 140 100 Point * 50 50 7% pref (guar Pa RR ) Pittsburgh & Lake Erie.. Pittsburgh & West Virginia Pitts 86* 27 M 34 * Stk tr ctfs—See RR 152"" 3* * com $5 preferred Hartford & Conn Western... 100 Illinois Central.. 100 Non-cum 6% pref series A.. 100 59 90 147 100 Gulf Mobile & Ohio 13* 1M 1M 48 55 74 903* Pittsfield & No Adams (guar) .100 Portland & Ogd ens burg (guar) 100 20 35 Gulf Mobile & Northern com. 100 nroforred 100 Phila Germ & Norris (guar).. 60 Phila & Trenton (gu Pa RR)_100 49 72 -* * lOf, 100 100 47 100 Iron Ore 100 Pitts Cin Chic & St Louis (gu) .100 Pitts Ft W & Chic com (gu)..100 48 50 100 ISM 1 European & North Am (guar) 100 Fort St Union Depot (guar).. 100 Et Wayne & .Tack nref (guar). 100 Genesee & Wyoming 100 Georgia RR & Bank Co (gu).tOO Georgia Sou & Fla common 100 Marquette Ry com 5% preferred 5% prior preferred.. Peterborough (guar) ISM SM 68 50 100 Piedmont & Northern 4 1123* 1 (guar)..100 Eastern Fgh Bess & Lake Erie (guar) Preferred (guar) 45 4% non-cum 1st preferred.. 100 4% non-cum 2d preferred. .100 & 92" 88 137 50 Kalamazoo (guar) Erie & Pitts (guar Pa RR) 100 Pere 100 (guar) 50 50 Delaware Pennroad Corp com Peoria & Bureau Val 2 78 non-cum 16 West 150 Ry pref non-cum (guar) 50 Passaic & Del Exten (guar).. 100 Paterson & Hudson River (gu)_50 Paterson & Ramapo (guar) 50 Pemigewasset Valley (guar).. 100 Pennsylvania IiR 50 66 M 85 30 Gr West 6% pref.100 130 Atlanta & 218 Passaic & 132 63 M Hillsdale and Erie & a or, 90 40 2d preferred. 100 Goshen & Deckertown (guar).. 10 Great Northern Ry— STOCKS A1 Great Southern Preferred 25 common. 1st RAILROAD (guar Penn) Preferred Erie 100 100 Western Adjust 4 % Certificates of deposit. a Ontario & Quebec (guar) 100 Oswego & Syrac (gu D L & W) 50 no"" 38 100 50 preferred 100 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar) 100 East Mahanoy (guar) 50 East Pennsylvania (guar) 50 Klmira & W'msport (guar) 50 98 Winston 8a!em Southbound— 1st gold guar 4s 1960 J&J Winston-Salem Terminal Co— Western— Southwestern (guar) 100 Detroit & Mackinac Ry..— ..100 5% 84 106 M 104 100 — 4% 1st non-cum preferred..j00 4% 2d non-cum preferred..100 Concord & Portsmouth (gu)__100 Conn & Passumpsic pref (gu).100 Consol Rys of Cuba 6% pref.100 Cuba RR 6% non-cum pref..100 Dayton & Mich com (guar) 50 Preferred (guar) 50 Delaware & Bound Br (guar) .100 Denv & Ri< 30 Wilm & Newborn 4s 1947 Colorado & Southern Detroit Norfolk & . -20 100 Delaware Lack & 14 3/e M M 52 100 Norwich & Worcester pf (gu)_100 Ogdon Mine RR (gu Cn N J). 100 Old Colony (gu NYNH&H)_.100 90 (guar)--..------100 Delaware & Hudson Co 133* 100 100 Northerp RRofN J (guar) Cin New Orl & Texas Pacific- Delaware 29M (gu) Northern Pacific Ry. ..100 Northern RR of N H (guar)-.100 % % M M M 100 100 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 M 14 M 14 M 108 M 106 series A com 10% non-cum pref (gu) Y Lack & West (guar) North Pennsylvania (guar) Northern Cent (guar Pa RR). V4 3% Common Preferred 108 107 X - k Cin Union Term 5% 75 No Carolina (guar Sou RR)._100 % preferred wi Preferred 15M 20 7% conv preferred N Y Ontario & Western 100 100 Chic R I & Pacific common...100 63 43 50 50 100 N 100 7% preferred6% preferred Cincinnati Inter-Terminal— 45 N Y New Haven & Hartf 1M New common wi. 1093* 26 35 82 100 N Y & Harlem —--♦ Common New 1M 2M M Pacific- 5% non-cum preferred. Chicago & Nortn Western 7% non-cum preferred 49 48 & 6% preferred ... Chic Milw St Paul & 30" Warren 1st ref r3Hs 2000--F&A Washington Central Ry— 1st 4s Mar 1 1948 Q-Mar 1M M 2M M 25 25 100 Bloomfield (guar)..50 New London Northern (gu)._l00 New Orleans Great Northern .100 New York Central RR * N Y Chic & St Louis com 100 Western— New New 5 Original (guar L & N) 3 1M Bid Nashville & Decatur— 1M 2H common w i 50 5% preferredwi 50 4 % preferred old 100 Chicago Ind'polis & Louisville— 4% non-curn preferred... -.100 old preferred 6% 100 (guar) i2* 97 * New preferred w New 5 Certificates of deposit / Kef & gen 5s 1976 ser B..F&A/. Certificates of deposit / Ref & gen 4 Ms 1978 ser O.A&O / Certificates of deposit / Ref & gen 5s 1980 ser D..A&0 / Certificates of deposit.. / Eqto 2 3*s ser H 1940-47..A&O , ~4M Lowell 54 .50 100 Ref & gen 53*s 1975 A...M&S/ Nashua & 4M S9M 94 M 100 (guar) SM 15 Par M 60 233* 55 SM 55 M 5M 693* 90 963* 30 55 6 25M ♦ <N° Par value t Quotations represent dollars per $100 face accrued interest, k Last sale, n Nominal, x Ex-dividend. amouut a Called for redemption, see page 111. ft Basis, /This price indvdos bond prices are "and interest" except NOTICE—All Quotations for all securities are as near as Stocks and Bonds ---* —J&D Ooll trust 4s 1947 4%s stamped 1946—-—F&A Fund Inc— 8.35 x 1 2.54 — 2.54 — 2.82 23 % % Warrants Aldred Invest Trust 30 Dividend 6% 2.87 3.17 f Foreign Investing. American General Corp S2 preferred. Amer 5.95 6.53 3 2% 26 % Investment $2 preference 28 33 37 3% 98% —* (111)—..-1 -* 12" 45 50 5% conv preferred 28 12 7 47% % 19.14 7 4 $2.50 prior preferred * Beneficial Loan Society com * 6% profit share deb 1956—Q-J $3 conv Boston Investment Co 2 96 0.12 6 21.46 5 20 1 12% 10c Gen'l Realty & Utilities com 26.48 97 | 39 14.87 — 1 Aviation Shares 27 2% 95 Railroad §§7 1 % 1 100 100 100 100 3% 1% 1% 1% 23.45 ♦ — 10~ 34 ♦Huron 2,820 140 Hydro Elec Secur Illuminating & Power Securities— Preferred 44% Cleve Securities 4~6s to 1943.J&J Collateral Bankers Inc— 7s series A & B 1950 Q-F 7s series C 1959 7s series D 1956 6s series AA 1953 6s series AB 1948 6s series AC 1952 Collateral Loan 51 Industrial Finance vtc Preferred 102 104 102 104 12 Insurance Group 16 10 31 95 31% 98% 36 % 37 - - 1 100 25 25 * . B with war J&J of Delaware.. I Insuranshares Co Commonwealth Secure common. 1 Preferred Consolidated Invest Trust com Consumers Credit Serv 6s 1962 40c 55c 14 15 27 Continental Secure 5s 1942 M&N'/ Continental Shares common ♦ 20 ♦6% preferred.. Corp Secure 5% ctfs ♦ n m 94% 26 23 lOO1 Insuranshares (Md) ctfs International Holdings & 4%scoll tr AAA 1941-43--A&O 5s coll tr BBB 1944-51 — . A&O 4s coll tr CCC 1939-42-- M&N 10% Invest Bond & Share 5s A 47-J&D ''investment Co of Amer .--10 ~2l" 3c 9% 1935..M&3 / % Quotations not furnished by sponsor or issuer. Nominal, r Canadian price, x Ex-dividend ————— stocks — * No par value, a 5.05 10.35 7.67 5.47 - 11.18 8.30 5.94 8 32 9.00 Electrical equipment Insurance 7.29 9.12 7.89 9.86 Machinery 7.80 8.44 - 6.77 6.38 2.68 2.90 5.66 Steel 6.14 6.72 Railroad 1% 5.79 4.37 7.74 8.42 5.79 6.53 8.84 3.78 4.12 2.83 5.38 equipment stocks... . - . 6.20 . Niagara Share Corp (Md)—_ Conv deb 5%• 1950 M&N 102% 5 4 88 Collateral 4s 92% J&D 1951 * - 1958 2.54 2.14 1949.F&A * 1 Ohio Finance Co. 4%s 17 Common Oils & 2.59 100 Industries com Preferred 3.83 Oilstocks Ltd 5.23 4.65 5.07 Oklahoma Carey Trust Oklahoma Southern Trust 7% 105 28c 8c 1% 2% 37 \ 1.39 13.74 14.73 2.22 1.98 % 1% 10*' 10% % 8 Class B V4 1.01 1.14 1.26 % % 5% 6 1 4 80c "5% 5 %> Amer 10* 40 99 99 15% 1% 80 4 10% 23% 3% 6% 7% pref class A 10 Plymouth Fund Inc 10c Provident Loan Society 6% ctfs_- / 110 6% Prudent la' Investors.-* 99% $6 preferc i * 12.52 Putnam (Geq) Fund 1 6.25 Quarterly Income Shares 10c 99 5% deb series A 1942 M&N Railroad Employees' Corp— 8% Class A common * $3 conv 39!i — 12% 8% 27% * * 5 * Class A Phoenix Sec Corp 1.28 2% 2% 10 Pacific Eastern Corp — 1 Pacific Finance Corp (Calif)—10 Pacific Southern Invest pref * Petroleum Corp of ~ 97 % 1% 5% 1 ---5 Old Colony Invest Trust Debenture 4 %s Feb 1 60 58 . Railway & Util Invest A 1 3%% preferred * Representative Trust Shares—10 Republic Investors Fund—^--1 Conv 4%s ser A 1950 F&A Reynolds Invest 5s 1948 10% * Preferred Railway & Light Securities com - * Preferred 100 Conv coll 4 %s ser "11" '55 A&O 6% 96 104% % 4 99% 99% % "6 * 29 16.15 Royalties Management A_ — ♦Schoellkopf Hutton and Pomeroy Inc common 10c Scudder. Stevens & Clark Fund.* 31 Continued on page 84 I 17.84 Called for redemption; see page 111. e Ex-coupons. 59" 56 1 $6 preferred 9.62 3.60 98 A&O Common stock 5*' 9.12 3.21 10 % Rossia International Oorp— 100 94 2.02 1 1 1 1953 5.40 27 95 42% North American Trust Shares— 3.82 %6 % % 103% 4% Noith American Invest Corp— 3.50 3.51 Interstate Bond Co— 1% 3.29 105% 7.46 4.66 Aviation Railroad .91 Shares Inc...! Inv—* Internat Securities 7% pref-. — 1 International Utilities class A.__» Class B 1 $1.75 preferred * $3.50 prior preferred 102% 6.89 - Automobile 5.88 Insull Utility Invest— Deb g 6s 1940 11.88 6.25 Ltd Bank Group shares "13 1 14 preferred 10 7% preferred 20 Commercial Credit common 10 4%% conv preferred 100 Commercial Invest Trust ..* $4.25 conv preferred * Commonwealths Distrib'n Inc. Commonwealth Investment Commonwealth Loan 5% pref 100 Si.20 6% preferred Investors—,— Inland Institutional Securities 91 Commercial Banking common- Industrial Securities Corp 104 102 100 —100 preferred Fund Incorporated Investors 5 Independence Trust Shares..— * Independence Fund of N A—...5 103% 103% 103% Q-M Q-J Q-F Q-M Q-J 1st 1 Holding Corp Income Foundation 105 100 Household Finance com 55 1.18 10.95 103% Preferred w w Preferred x-w 2,780 100 1.04 1 — ——100 2 135 City Investing Co Inc 27 1948-M&S 5% preferred 9.56 York Stocks. 26 ... 6% 3.36 25% Heller (W E) common $3 2nd preferred 5.88 * 25c 25 25 --* 1% * -----* $6 1st preferred Debenture 5s series A 1 com.-.100 100 Securities 6 Wide Securities— Class A preferred 100 North American Bond Trust Ctfs 1 70 Preferred Shares Remodified—.1 Nat Trust 5.46 Com..* 1947— Debenture 4%s Dec 15 1952— Old Colony Trust Assoc * 32 ---* 8% Overseas Securities Co Deb 5s April 1 1948 27 A&O Guardian Investors com—..— * Christiana 62 7s Loan 4.80 — % 4% 1% 1% 4% 17% 58 Indus 4 96 — Equip Shares 17.32 88 16 1957._Q-Jan National Investors Corp 1 Nat Metals 4.94 1 * 4 18#. 2.59 Chain Store Investors Trust 16.28 % 8.13 Chartered Investors common $5 preferred Chemical Fund 84 * 100 2% Chemical 100 6.00 Steel Shares 25.21 12% 10% 13% Class B common.------- Shares - 10 Invest com Bond & Building supplies 34 25 5 * Bank 5 32 Tobacco Shares 2 4.88 2 23 . 5% preferred ser A w w Nat Bond & 8hare Corp Ne* 4.01 Petroleum 94 20 * National Aviation com. (Colo) ser B shares (Md) voting tr shares New England Fund *32 9.15 1 25 104% 28.47 46 4.76 Mining Shares Shares 3 96 Mutual Investment Nation 31 % Investing Shares Merchandising Shares 75 70 1956 7% 23 10.00 42" 39 —- Electric Equipment Food Shares if* ~5% 44% Chemical Shams 4% 93 21 14 10 Building Shares 54 91 10 Oils.. Agricultural Shares Automobile Shares I 5.25 64 63 Group Securities. Inc.— 3.53 M&S (N Y)_10 Fund 10 Mutual System com National 16.53 2% ~6" 5 Agricultural % 30% 99% % 17% 2 1 25c 8% preferred *84 4.48 1941 0.27 Globe Tndus Loan 6s 1955—J&J * 23.20, Goodall Securities 22 Gotham Credit class B 5 13% Great Britain & Canada Invest¬ ment Corp 4%s 1959 20c I A&O 58 43 *. 98 ■ Gleneagles Invest 5s June 15 2.75 38 — 52 $6 conv pref w w.. — * German Credit & Investment— Pref allot ctf 25% 1st pref..* 56 3% — % * $6 preferred Gen Shareholdings Corp com 1% 11% 52 3.28 — 31* 41 ~4% 104 99 104% --* J&J 1 Oonv deb 5s 1953 11 A&O Lt'l 1 Canadian Pow & Pap Invest Ltd— Deb 5sseries A 1958 F&A 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 • 4% 1 * $6 preferred * preferred Morris Plan Indus Bank 45 40 General Investors Trust General Public Service Oorp 11 1 8.76 31% 3% 28% 1 Sec 68 x-w 1947 Warrants 13.83 19 * 25 2.37 10c —10 31 _50 New common Preferred. 6.46 7.47 Manufacturers— Monroe Loan Society class A Morris Plan old common 16 5.83 x & 1 Partic 4.10 % Century Shares-Trust - 2 * General American Investors—* $6 preferred * 7%f Deb 5s Feb 1 1952 F&A General Capital Corp * 20.80 Gen Finance conv deb 5s *51 -J&D 1 8% General Investment Corp $6 preferred 5% * 107% 6s series A I95y_——Canadian invest. Fund, 7% preferred Conv preferred Conv pref seriesofl929 6% cum preferred - Class B Canadian Internat Inv Trust— Central States Electric Corp - Class A 88% % 36% ♦Class B - partic preferred conv 4% Midland Invest Corp (Mo)— 3s 1953 M&N « 17.93 14% . Securities A common - 4.48 105% 1% Brooklyn National Corp Bullock Fund Ltd.— Burco, Inc common $3 conv preferred - « 15.21 1 100 British Type Investors A Broad St. Invest Co Inc - „ Fundamental Investors Inc 2 Fundamental Trust Shares Inc— 5 50 Boston Fund Inc 24% 24% 5% Merchants & 19% - 16.66 Fulton Indus Sec units 4% 35 1 preferred 19.55 9.35 % 4.15 19% 53% 10 18.18 8 73 1 75% 26.32 3.60 3.44 19 Mass Investors Second Fund Inc. Mass Utilities Associates vtc A..1 12 52 4471 * Oorp Maryland Fund Inc Inc.— Foundation Trust Shares ser 5 4 3.70 1 Massachusetts Investors Trust. 6% 25 14% 22 Beneficial industrial Loan-—.—* Blue Ridge Corp common 18 / 22* 33% 88% 5 _10c 40 10 Marine Midland 16 19 4 20% 3% 10c 19% 3% 31.60 75.90 6.77 1 ---10 Liquidating Shares 11.17 2.13 Fund. Fixed Trust 8hares series A 19 -M&N Associated Stand. Oil Shs 2 Associates Investment Co * 6% preferred 100 Atlantic Secur 4%s A 1953-A&O Atlas Corporation common 5 6% preferred 60 Option warrants. Aviation Capital common ♦Bankers Nat Investing A 1 5% preferred 5 Bankers Securities Corp com-.50 6% preferred 60 Basic Industry Shares 10 Income deb 4s 1961 ♦Blair & Co 6% 21% 74% 24.28 %« 193% 50 % Associated Gen Util com v t c— * Inc deb 5s w w 1956 M&N % 17.96 1- 10c Fiscal 12% 27% 6.21 % - Loomis-Sayles Second Fund Loomis-Sayles Mutual Fund Insurance stock series 3% 98% 3.75 5.64 Knickerbocker Fund Larkins Warr Trust Lehman Corporation % Bank stock series * J&J Insuranstocks Corp— American 27 27% 9.11 3.31 66 64 $6 preferred * Equitable Invest Tr (Mass) 5 Equity Corp common 10c $3 conv preferred.-.-1 Family Loan Society common. _* $1.50 preferred series A * $1.50 preferred series B * Fidelity Fund. Inc * ♦First Boston Corp. 10 First Mutual Trust Fund 5 % 5% 1 —1 10.52 13.12 6.93 8.21 Manhattan Bond Fund Inc Empire Power Corp partic stk-* "I 1 1 1949 Conv 5 1 3% 102 % 102 % 10c — 30 62 3 17 16.90 10.39 Series S-4 Lawyers Mtge Inv (Boston)— 1st 5 %s series B 1945 M&S 18 15% - 15.41 9.29 — Series S-3 29 % 1 Series F 1 Economic Inv Tr Ltd 5sA'57M&N Empire Capital Corp A 5 31% % 35 M&N -—10c $2% preferred $3 preferred Amer International Corp 1.18 28% Fund A-1 30 % 29 ..... 6s series B 1958a 5.85 16 $7 preferred series A $6 preferred series B Eaton & Howard Management 64 % & Lt cl A....-25 div ser w w____25 1 Amer Discount Co of Ga $2 pref.* Amer Elec Sec partic pref1 American European Secur __* Ooll tr s f 5s 1958 ser A.—-J&J Amer 3.35 5.20 5 * * * Eastern Equities Corp % Amer Cities It Class A opt Class B Series K-2 60 Eastern States Corp com 14 Class B $5.60prior pref 2.62 -------- 14.39 14.03 11.91 Series K-l J&J 1st coll 4s series A 1952 1 preferred 1.40 23.13 13.07 6.27 Series B-4 16.3 29.17 21.11 ------ — 1.07 * pref 27.17 Series B-2 Series B-3 Dominion-Scottish Invests Ltd— 100% 6% * -* Finance 13% 11% 100 Capital Corp A—..—10c —--—10c Shares Domestic 5 2% Holding Corp. Amer British & Cont 5s *53 F&A Amer Business Credit A..—...1 Amer Business Shares. 1 S3 1% % x 39 36% Series B-l - - - — Series S-2 .... D "hares % Superpower Oorp A com_* 2.58 1 .....2.50 .....25c C shares "2% 22 Deb 68 1963 (ex-warrants. _J&J 29 4.43 15.45 1.30 A....1 25 common Preferred 9 22 % Keystone Custodian Fund— 27 ser 9.13 -—1 25 25 Investors Trust Italian Diversified Trustee 8hares— ♦Amerex Amer - ~ Royalty Preferred 28% 111 31 25 - - 5 10 Deposited Insur Shs 29 - Investors 26% .100 preferred •7% cum preferred Cumulative Trust Shares Delaware Fund 2% - 6 .—.100 * ....-1 Deposited Bank Shs N Y ser A—1 ♦8% ♦Crum & Forster Insurah B 104 20 .... - 115 101% 2 (modified) — — — x Investors Fund of Amer Series Ol — — 2.14 Ask Bid Par Per share 2.14 ACC (modified) —1 --•edit Service deb 6s w w '48-Q-F / ♦Crum & Forster Inc com—...10 x 11.49 9.08 100% 102 % (Mass)-— Deb 4%s with com shs 1967— Aldred Investment Corp (Can)— Deb 4Kb with com shs 1968... Alliance Investment com —* Allied Int Investing Corp— $3 convertible preferred— 2.17 AA 106 % 10.80 2.57 x * Aeronautical Securities ---1 Affiliated Fund com 1.25 Sec conv deb 4s 1949 J&J Sec conv deb 4%s 1949—J&J Air Investors Inc * Convertible preferred———Administered Corporate Trust shares old ser—1 AA 1 Accumulative series......... 1 5% 5% 100 % 100 % Adams Express com Ooll trust 4s 1948 Stocks ana Bonds share Per share Per Ask Bid Par Stocks and Bonds Ask Bid Par marked "T and income and defaulted bonds of the month preceding the date of issue where possible for the closing day 20c % 35c % 79.06 /Flat price. I: Last sale Utilities Public (Includes street and electric railways, gas, 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 Bonds Bid Adriatic Electric Oo (Italy)— Extlsf 7s 1952 A&O Ala Gas Oo 1st M 4^s 1951-F&A Alabama Power Co— 1st 5s 1946 M&S 1st & ref 107 M 105 M 105 108 M 106 M 106 J&D 103 % 103 M 105 % Alabama Water Service ( 1st M 5s 1957 ser A 105 102 38 . Alliance Pub Ser(Ohio)5s *57 M&S Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 J&J 1954 65 104 —J&J J&J Deb 4s series A 1975 Deb 5s series A 1975 Deb 5s series B 1975 J&J Bangor Gas Light 5s 1941—A&O Bangor Hydro Electric— 1st mtge 3Ms 1966 ..J&J 84 49 M 4 105 M 108 ys 108 M 56 M 62 103 71 J&J ..J&J J&J Am Gas & Pow deb 3-5s '53-F&A Secured deb3.6-6s 1953... J&D Am Pow & L deb 6s 2016—M&S Amer Rys Corp coll 4 M® '53. A&O Debenture 4Ms 1033 A&O American States Public Serv— 53 1st 1 5 4s 1948 ser A— —M&N / 100 M Deb 6s 1938— -J&D / 12 American Telephone & Teleg— Deb 54s Nov 1 1943 M&N 105n»2 109 M 25-year deb 3 Ms 1961 A&O 109 30-year deb 3 Ms 1966 J&D Amer Util Service 6s 1964—M&N 105 M 108 M 109 M 57 M 63M MS** 73 108 M Deb 5s 1975 ser B J&D Ana&Pot R RR-See WashRy&El Anchorage Lt & Pow 7-9s'43 F&A 101M 109 M 92 M 109 M 102 M 102 M 104M A&O Bergen Turnpike 5s 1951——J&J 1st mtge 5s 1958 106 M 106 134 M 114M 99 4s June 1 56 107 M 105 M 107 M 106 Appalachian Power 6s 2024- J&J 125M 129 - 59 - Ardmore St Ry—See Phila Co. Arizona Edison Co— Income 5s 1960 J&J Income 6s 1960 A&O Arizona Power 5s 1950. F&A 1st & ref 4Mb 1950 F&A Arkansas-Missouri Pow Corp— 1st mtge 4s ser A 1965 J&D 22^ 97 - 101M British Columbia 105 % 106 100 a ....- 105M 48M 56 M 14* 14 14 14M UH iOM 9 9 10M tt* is* 14 M 15 , 15 M 15 * 12 12 12 12 SfIncdeb4M-5MsA 1986 F&A 9 8 f inc deb 5-6s B 1986—M&S Oonv A 5s 2002 Q-F Conv A 6s 2002 —Q-M Oonv A 7s 2002 9 12 £5 Scrip 4s 1941 Scrip 4s 1942 Associated Gas & Elec Corp— 8s ex-warrants 1940 M&S Conv deb 5Ms 1973 F&A Oonv deb 5s 1973. Oonv deb 4 Ms 1973 Conv deb 4s 1973 Income deb 4 Ms 1978 Income deb 4s 1978 J&D J&D M&S 1M 1M 1M 2M 2M 4 4 63 30 24 27 15 A&O 14M M&N M&S 14 M 14M 30 29 m it* Associated General Utilities— See Investing Companies. Associated Pub Utilities Corp— 1st lien 5s 1947 ser A J&J Deb 6s series A 1958. M&N Associated Telep & Teleg Co—Deb 5 Ms 1955 ser A M&N Associated Telephone Utilities— Deb 6s series A 1941 M&S Certificates of deposit Conv deb 5s series B 1942-A&O Certificates of deposit Oonv deb 5 Ms 1944 ser (J.M&N Certificates of deposit 2-yr 6% notes 1933 A&O Certificates of deposit... Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 J&J Atlanta Gas L 5s g 1947.J&D — Gen mtge 4Ms a 1955 M&S 80 117M 68 M 67 M 68 M 55 55 55 55 55 55 143 1944-... Gen & ref 4 Ms 1981 106 106 M b Basis. 1st mtge 4s 1969 —J&D Calumet & South Chicago Ry— 1st (35% prin paid) 1927 F&A 192 H 48 M 48 M 100 48 M 48 M 103 92 H 92 99 M 91M M&S HIM 113M 111M 113M 107 95 107 M 95 M 111M Central N Y Power Corp— Gen mtge 3 Ms 1962 111M 107 M 100 M 102 M 104 104 M 105 M 104 M 104 103 102 95 106 106 107 M 107M 108M 28 24 A&O 108 H 108 M Central Ohio Lt & Power— 1st mtge 4s ser C 1964 F&A Cent. Pow 1st 5s 1957 ser D.J&J 103 M 101M \ 102 Central Power & Light Co— 1st mtge 3 ser A 1969.-F&A 105 M 106 Aug 15 1941 100 M 100 M 100* Feb 15 1942 101 101 Aug 15 1942 100 H 100 Vs 101 Serial debentures— 1 Ms Feb 15 1941. 1 Ms 2s 2s 2s Feb 15 1 943. 2 Ms Aug 15 1943 2Mb Feb 2 Ms Aug 2Ms Feb 2 Ms Aug „ 3s 3s 52 M 100 F&A - 110 100 1st lien & ref 6s '47 ser A—M&N 1st 1 ien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D Buffalo General Electric— Buffalo Niagara ElectricGen & ref M 3 Ms set O 67-J&D 2s deb A 1911-1942. J&D 3s deb B 1943-1947 J&D 3 Ms deb C 1948-1952 J&D Buff & Niag Falls El L & Power— 1st gold 5s 1942 .F&A Buffalo TractionSee International Ry Burlington (Vt) G L 5s 1955—J&J Butler Water 5s 1957 A A&O Butte El & P 1st s f 5s 1951—J&D Cairo Bridge 1st inc 6 Ms '58.J&J Calgary Power 1st 5s 1960—A&O 1st s f 5s 1964 J&D California-Oregon Power— Deb gold 5Ms 1942.. A&O 1 st mtge 4s 1966 A&O Calif Pac Ry (see Pac Elec Ry) California Water Service— 1st 4s ser B 1961 M&N Serial 3 Ms May 11941 3 Ms May 1 1942 4s May 1 1943 4s May 1 1944 4Ms May 1 1945 4M» May 1 1946 Calif Water & Telephone— 8l" 92 M Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons5sg'45M&N - 104 106 M 70 103 M 109 % A&O - 143 119M Central Maine Power— 1st & gen 4s ser G 1960—A&O 1st & gen M 3 Ms ser H *66. F&A 1st & gen M 3 Ms ser J 1968J&D Central Mexico Lt & Power— 1st s i 6s ext to 1950 J&J 100 79 15 15 15 15 M 100* ioi H 100 M 100 M 1944 1944 1945— 1945 100M 100M 100M 100 M 100 M Feb 15 1946 Aug 15 1946 Central Public Service Corp— Oonv deb 5 Ms '49 F&A Cent Public Utii.(ws)Inc5Ms-1952 1M 1% 2M 2M Central States Edison. Inc— 1st coll inc 3-5s 1950 M&S 77 79 Central States Elec Corp— Conv deb 5s 1948 J&J Deb 5 Ms 1954 M&S 15 32 M 32 M 33 M 33 Central States Electric Co— 100 101M 102 106 105 1st mtge 4s 1964 J&D Cent States Pow & Lt Corp— 1st M & 1st lien 5Ms 1953-J&J 105M Cent States Utilities 6s 1938.J&J Cent Telep (Del) 6s 1938 M&N 107 % Debenture 103 M 122 105 M 122 §6M 125 83 85" 69 M . Called for redemption: seepage 111. 81 67 4s 1948 Cent Indiana Gas 5s 1957 13 103 _ 61 28M 28M 27 M F&A Income deb 3 Ms 1978 Income deb 3Ms 1978. 2M 2M 2M 4s 1946 118 1st & ref 58 1954 ser A M&S Bway & 7th Ave—See N Y Rys Bklyn City RR 1st 5s 1941—-J&J Certificates of deposit Brooklyn Edison Co— Consol mtge 3 Ms 1966...M&N Bklyn-Manhattan Transit Corp Coll trust 4 Ms 1966——M&N Certificates~of deposit Brooklyn Queens Co & Sub— 1st m g 58 1941 (stpd). J&J Certificates of deposit 1st con 5s July'41 (stp)—M&N Certificates of deposit i Bklyn Un Elev 5s 1950 F&A Certificates of deposit. Kings Co El 1st 4s 1949--.F&A Certificates of deposit Nassau Elec 1st g 4s 1951 ..J&J Certificates of deposit5s J&D J&D J&D -J&D J&D 4s 1947 69 1st J&D J&D J&D 4s 1945 103 M 108 108 M J&D 12 109 M 106 M 3 Ms 1942 — .3 Ms 1943——— 4s 1944 Telephone— 1st 4Ms series B 1961 Broad River Power Co— 104 Associated Gas & Elec Co— Oonv deb 5 Ms 1977 —F&A Conv deb 5s 1965 M&N jf Oonv deb 5s 1950 F&A f Oonv deb 4 Ms 1949J&J f Conv deb 4 Ms 1948 —M&S / Cons ref deb 5s 1968 A&O / Cons ref deb 4 Ms 1958—.M&N f 8 f inc deb 5s B 1983 M&S / S f inc deb 4 Ms O 1983—.M&S S f inc deb 4s D 1983 .M&S 99 Cent Illinois Light 3Ms '66.-A&O Central Illinois Public Service 3 Ms 1941 7s Sept 1947 M&S Brandenburg (Germany) El Pr— Extl lsts f 6s 1953 M&N Bridgeport Gas Lt 4s 1952..J&J Brith Colum Pow 4 Ms 1960.M&S 103 Arkansas I* & L 1st 5s 1956-A&O — 95 M 104 103 M 1st mtge 3Ms ser A 1968--J&D Serial debentures— 3 Ms 1940.. J&D 52 M&S West End St 5s 1944 102 M 104 103 M 102 M 102 M 101 M 4s June 1 1949 100 Deb g 4 Ms Nov 1. 1941—M&N Deb g 5s Dec 1942 J&D 104M - Arkansas Western Gas Co— 1st s f 6s ser A 1953 A&O Ashl'd Home Tel 4 Ms A 1961 A&O Ashtabula Wat Wks 5s 1958.A&0 Assoc Elect 4Ms 1953 J&J 5s Jan 1 1961J&J 60 63 103 — 4s Dec 11948- 101M 104 103 Vs 103 M 1948 18 101 Bloomington Dec & Champagne Androscoggin w Pow 6s *45 F&A 4s 5s-5Hs 1955 F&A Appalachian Electric Power—* 1st mtge 4s 1963 F&A 8 f deb 4 Ms 1948 F&A — 4s Dec 1 1947. 109 M 108 M 104 M 103 M 104 3Ms June 1 1943.. 3 Ms Dec 1 1943. 100 M 1st & ref 5s 1940 M&N Bolivian Power 8s ser A *45.A&O Boston Elevated Ry— 102 M 109 M 102 4s Dec 1 1946 4s June 1 1947 14 97 M 96 ??* 102 M 102 M 22 23 101 104 H 97 M 3s June 1 1942 3s Dec 1 1942 3 Ms June 1 19453 Ms Dec 1 1945——. Rys 36 1st 6s 1940 J&D 4s June 1 1946 14 102 100 100M 101M 50 15M Mtge&Coll tr 3 M8ser D'68 J&D -..M&S Androscoggin & Kennebec Ry— 3 Ms 1964 82" 1951- J&D Blackstone Val Gas & Elec— M & coll tr 4s ser C *65 M&N M&S 81M 104 M debentures— 79 1959—F&A A&O Rys— A&O Birmingham Elec 4 Ms 1968.M&S Birmingham Gae 1st 5s '59-M&N 68 3s Dec 1 1940— 3s June 1 1941 3s Dec 11941 47 Deb 6s Apr 1.1955 Berlin Elec Elev & Underg 1st mtges f 6Ms 1956 82 66 Central Illinois Elec & Gas Co— 3 Ms June 1 1944: 3 Ms Dec 11944.. i04M J&D Bleecker St&FulFy-See NY Capita) Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D Cent Ark Pub Serv Corp— 1 st & coll tr 5r 1948 ser A. _F&A Cent El & Tel 4Ms A 1965 J&J Centra] Gas & Elec 6s 1946.M&S First lien coll tr 5Ms '46.-J&D Central German Pow 6s '34-J&D 1 st mtge 114M 133 M 1st & ref 5s 1960 ser C A&O Bellows Falls Hydro-Elec Corp— 80 M 50 Serial 105 Ask 80 6M« 1951 Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D 101M 1st mtge 5s 1960 ser O M&N Bell Telep Co of Pennsylvania— 1st & ref 5s 1948 ser B J&J J&J —M&S Terra 1st & ref 3 Ms 1965 103 95 17 105M Berlin City Elect 6Ms Sink fund deb 6 Ms 105»» 109 M 39 100 112M Galley Water 5s '60.M&N Berkshire Street Ry— 1st extend 6s 1947--- 56 - Amer Water Works & Electric— Deb 6s 1975 ser A M&N 34 38 M 97 100 M Bell Telephone of Canada— 1st g 5s 1957 ser B -J&D Beaver 50 Canadian L & P 5s '49 op '14 Canadian Rail & Harbor— Canadian Utilities Ltd— 1st mtge 58 ser A 1955 102 103 Bear Mt Hud Riv Bdge Co— 1st 7s 1953 A&O S f income 8s 1953 A&O Beaver Valley Trac 5s 1950. A&O Amer Fuel & Pow 7s 1934.J&J American Gas & Electric Co2 Ms s f debs 1950 s f debs 1960 3 Ms s f debs 1970—— 44 85 American Community Power— 5 Hs Certificates or deposit 1953 Amer Elec Pow deb 6s '57 M&S15 American & Foreign Power Co— Deb g 5s 2030 M&S Avalon 109 94 M&S Cape & Vine'd El 4s A '65..-J&J 91* J&J J&D M&S Telep Ltd 4 Ms *58.-A&O Atlantic City Sew'age 6sA'56 Atlantic Co Wat 5s "58 ser A 38 82 88 A&O Cum income 4s deb B 104 36 cons J&J J&J Atlantic City Gas 5s 1960 1st lien & ref 5s 1957 Baltimore County Water & Elec 1st 5s 1946.M&N Baltimore Transit Co— o- _J&J 5s 1930-_ J&J General 5s series A 1947--J&D All America Corp— . Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53-M&N 104 M 107 M Bid Bonds Ask \tlantic City Electric— Gen mtge 3Ms 1964 50 103M M&S Bid Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J J&J —M&N 19511st & ref 5s 1956. 1st & ref 4 Ms 1967 1st & ref 5s 1968 os Albany Ry 1st Bonds Ask 71M 107 107 108 M 61.00% 61.50% /Thisprice includes accrued interest 76M II* il* Cent Vermont Public Serv Corp 1st mtge 3Ms ser B 1966..F&A 107 Central West Public Service— 5 Ms 1956 / 91 Charleston Cons Ry Gas & El Consol gold 5b 1999 115 M&S Charleston Tram it Co— 1st 5s 194 M&S 87 M&S 51 2M 118 65 M&S 95 Chicago Aurora & Elgin RR 1st & ref 6s 1951 J&J Chicago City & Connecting Ry— Coll tr s f g 5s Jan 1 1927. A&O / Chicago City Ry— 3 5M 43 M 1st mtge gold 5s 1936 J&J 1st & ref os 1955 ser A——J&J 1st & ref 5Ms 1956 A&O 62.60 ~ 44 J&J 1st 5s (15% paid) 1927—-F&A Chic North Shore & Milw RR— 62.50-/o 62.75% 63.00% 105 M 1944 Gen & adj 5s 1952 Coll trust 5s notes 1942.. 101M 106 M f 5s 102 1H 1M 1M 106 M 45 k Last sale nNomina r Payable in Canadian funds. 6 44- 2M i* BONDS UTILITY PUBLIC 74 are "and Interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the NOTICE—All bond prices Bid Bonds Consolidated Gas Utilities Co— 6s unstamped 1943 ser A.-J&D Chicago Railways Co— 1st 5s 1927 st.pd as to 25% pf 1, 1940—F&A/ deposit / Cons M 5s ser A Feb '27—A&O Series 13 Feb. 1927... T&D Purch money 5s Feb 1 1927 J&J Adj inc 4s Feb 1 1927 May Chicago Rapid Transit Co— 1st & ref6^s 1944 J&J Certificates of deposit 1st & ref 6s 1953 ser A J&J Certificates of deposit Adjust deb 6s July, 1963—J&J Certificate of deposit Chicago & West Towns Rys— 1st cum inc 5s 1937 J&J / red and pay Feb Certificates of - 43 43 H 43 43 7M 3M 6s / 5 2M Consumers 5M 5M 5 5 4M 109 M 83M 86 M 86 A&O 88 % M&S Cities Service Co— Ref deb 5s Jan 1 1966 83 84 79 M 80 M 1958——A&O —M&N 80M 80 ti* J&D Cities Service Power & Light— 80 M 81 M&N ..J&D 89 M 89 M 90 91 M&S Deb 5s 1969 Oonv deb 5s 1950 1952 Deb 5Ms 1949— Citizens Independent Telephone 1st mtge s f 4 Ms ser A '61.. J&J 108 M 111 110M 108 M 111M 110 llOM Co M&N A&O a 102 a 102 92 M Contln Gas & El deb 5s 1958 F&A Continental Pub Serv 6s *40 ivD / 3 92 M 4M 90 Cooper RivBri'geinc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956—J&D County Gas (N J) 5a Jan I 1952. 100 M 85 M 88" Coll inc 6s B Oct 1 .1954—J&D / 60M 82 M J&J Teiep conv 5s 1951 Cumberland Co (Me) Pow & Lt— 108 M 1st mtge 3M» 1966 A&O Cumberland Gas 6s w-s 1948M&N / 38 Dallas Power & Light— 110 1st mtge 3Ms 1967 F&A 74 M Dallas Ry & Ter 1st 6s 1951.J&J 103 M Citizens Utilities Co— 37 62 65 84 87 108 1971.. J&J 104 1st mtge g 4Mb 1969 &J 107 M 1st mtge g 4Mb 1969 J&J 70 Delaware Vail Util 6s 1952.M&N Denver Tramway Corp— 94 Gen & ref 5s 1950 ser A J&J Dee Moines Ry 1st inc 5s Jan 1 '55 / 30M 1st 5s series A 1953 ..J&J City Light & Traction (8edalia, 99 Mo)' Fst s f 5s 1952—...J&D City & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City Water (Chattanooga)— 101 1st M 5s 1954 series B J&D 105 M 1st M 5s 1957 series O...M&N Olxrksbury-Columbus Short Route Bridge 6 Ms 1952 J&D / 45 101 Detroit 107 50 6s 1940 Collateral 6s 1942 Colorado Util Corp 6s .F&A / 1938.M&S "5" 10" 49 104M 104M 104 M 1st & ref 5s 1954 ser B...M&N Columbus Ry Pow & Light 105M 105 105 M 105 M 105 M 1st mtge & coll tr 4s 1965.M&N Commercial Mackay Corp— 1969 May Non-cum Inc deb 6s (w s) 1948Non-cum inc deb 6s (x s) 1948- Commonwealth Light & Ref & unif 7s 1962 10 — — 126 106 M 94 91 42 128 114 Stamped guaranteed opt._J&J 109 109 M 109 110M 5s ..J&J Consolidated Edison Co of N Y—Debenture 3 Ms 1946 A&O Debenture 3 Ms 1948 A&O 1962 — Debenture 3Ms 1956 A&O 20-year 3Ms debs 1958...J&J Consolidated Electric & Gas— Ooli 6s ser A Aug 1 1962.-M&N 6s series B 1962 .F&A 90 M 91M 105M 107 M 105 % 108M -105M 107 n 106 M 109 M 57 58 56 M 56 M 58 Collateral 6s 1957 F&A Consolidated Gas of Baltimore— Gen g 4Mb Apr 1954 A&O 127 H / H M&S Dom Elec Pow 5Ms 1955 Dominion Gas & El 6 Ms '45.J&J Dortmund Munic Util (Germany) Gas & 64* 69 84 85 Eastern Iowa 1956.M&S Pow 6 Ms 1943 M&S - Eastern Mass Street Ry 78 109 M . . . . 127 72" '71 78M 67 M 77 M A&O A&O General Gas & Electric Corp— Scrip 4s due 1942 General Public Service Corp— See Investing Companies. 66 M 50 General Public Utilities— 99 1st M coll tr 6M8 ser A'58.A&0 1st mtge & coll 6 Ms C55-A&0 99 M 100 99 m Eastern Oregon Light & 5 Ms series A 1951.. M&S 1953 J&J Eastern Shore Pub Service Co— ser 66 96 M 98 A M&S 1955 B M&S ..M&N Economy Lt & Pr (111) 5s '56. J&D Easton Consol El 5s 1949 3Ms 1st M 8 f July I, '65.J&J El III (N Y)—See N Y G Edison Sault Elec 4 Ms. 1961 A&O Elec & Peoples—See Phila R T Electric Pow Corp (Germany)— 1st s f 6 Ms 1950 M&S 1st sink fund 6Ms 1953--A&O Electric P & L Deb 5s 2030-F&A Eliz Plainf & Cent J1 See Eliz & Raritan Riv)Public Serv Eliz & Trenton RR J Corp Elmira Water, Light & RR— 1st & con g 5s 1956 M&S El Paso Electric Co— 1st m 5s 1950 ser A J&J Empire District Electric Co 1st & ref m 5s 1952 M&S 100M 100M 120 104 M 106M 106M 73 72 M 104 18 20 85 83 M 75 J&J 75 85* 66 68 J&D 64 M 65 85 H 1st lien coll tr 5 Ms 1942—M&N Great Northern Power— 59 M 61 70 1st 5s stamped 1950. Green Bay & Miss Canal— 107 M 110 103 M 104 M 1st & gen 6 Ms 1950 Great Lakes Power Ltd— 1st s f 4Ms 1956 Gen s f 5s 1957. Great Lakes Utilities Co— 96 H 101M 1st & ref 4 Ms 1953 Green Mountain F&A M&S Power 100 100 Corp— 105 104 J&D 1st & ref M 3Ms 1963 Serial notes— 100 83 M 85" 4 Ms 1940-1953 Gulf Coast Water 1st 5s Gulf Power 1st 5s 1968 '48-F&A A&O 65M m a 111M 104 M 110M & ref 3 Ms ser 1935—M&N / Hamburg (Germany) Elev Undergound & St Rys 5Ms'38—J&D / Hamilton Gas 6 Ms Aw w '37 J&D Extl g s f deb 7s 123 95 68 M 104 D 1969M&N Hamburg (Germany) Elec Co—_ 1st 103 M 102 M 99 M to ^ 1st mtge 6s 1945 —A&O Gulf States Utilities Co— 96 111 J&D b 100 M Gulf Public Service Co— 101M 20 30 20 74 Hamilton Gas Corp— 4s series B 1953 Edison . A. J&D ser Georgetown Gas Lt 1st 5s'6l F&A Ga-Caro Pow 1st s f 5s '52.-J&J Georgia Power 1st 5s 1967—M&S Georfda Power & Light Co— 1st mtge 5s 1978 J&D Georgia Ry & Electric— Atlanta Northern Ry Co— 1st guar 5s 1954 J&J Gesfurel 6s 1953 xw J&D / Grand Rapids Ry 1st 7s '39 .M&N Granite City Generating— M&S 77 M Power— 5b series B 1947 84 % 100 1st Hen & col 5s 1943 Corp— M&S 1970—M&N 1952...F&A / 5M8 (Sept'31 coup on)'51-M&S / Hempstead & Oyster Bay— 101M Harrisburg Gas Havana 14M 14 M 84 M 85 Elec 5s Ry 5s Water 6% July 1 serially Hest Man & Fair Pass Ry—See M "M P hil R T 49 103 A&O 123 135 102M 103 Hoosac Valley Street Ry— 1st ext 6s June 1 1947—M&S Houston Elec 1st 6s B 1950.J&D 104 M Houston Gas Securs 5s 51 104 M — B 1955 20 98 Holyoke Street Ry inc 5s 1945 Home Tel & Tel (Ft Wayne;— 1st 6s series A 1943 J&J 1st 5 Ms series 62 M 60 108 23 101M 100 1952.M&S 100M 110 108M 33 33 1st coll 5s 1963 A&O Great Cons Elec Pow (Japan)— 1st M 7s 1944 F&A Co— 4Mb 1948 A J&J 5s 1948 B --—J&J Ref 6s Jan 1948ser C..M&S 15 Ref 6s series P Jan 1 1948.A&O Ref 6s series E Jan 1 1948. A&O Eastern Minn Pow 5Ms 1951 &S m Ref 29 Fuel Assoc— 130 Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3 Ms 1971...J&D 100M 122 Bergen Co os *49. J&D Gen 5s Novl. 1954 M&N Gatineau Pow deb 5s w w '49J&D General Water Wks & El Edison Elec Ilium of Boston— Conn Riv Pow 3M ser A '61 F&A Consolidated Cities L P & Tr— 1st lien HI M 5 X 1st M & 1st lien 5s 110 98 100 M J&J 1st 3Ms series A 1969 1st 3 Ms series B 1969 F&A/ 1st m 5Ms 112M 91 95 Gas & El of 1st mtge s f 6 Ms 1952—.F&A / Certificates of deposit / Ref 97 M 1.40% 50 31M 111M Eastern Lt & Pow 4s A 1965-J&J 105M Community Power & Light Co— Col M 5s 1957 96 M M&S Community Public Service— 1st mtge. 4s 1964 106 M M&S 16 Community Teleph 5s Jan 1 1949 / Community Water Service Co— Deb g 6s 1946 ser A 89 J&D Deb g 5Ms 1946 ser B_„M&S 86 41 Conestoga Trac 1st 4s 1950--J&J 100 Coney Isl & Bklyn cons 4s *48 J&J Connecticut Light & Power— 1st & ref s f 7s '51 ser A ..M&N 125 lst& ref M 3 Ms ser F '66-M&S 111 1st & ref M 3 Ms ser G '66. J&D 109 106 M 25-year deb 3Ms 1956—-M&S 1.00% 1.40% 1.75 . 1st m & coll tr 4s A Commonwealth Telephone (Wise) 1st 4s series A 1966 M&S J&J Connecticut Ry & Light— 1st & ref 4Ms 1951..J&J 122 M 93 — 107 M 109 Eastern 111M 115 104 99 91 28M 110M 120M 90M 1.50 Co 6M9 ser A 1945 F&A / Gary Street Ry 1st 5s 1937.-A&O / Gas Co of New Mex 6 Ms *44 M&S 106 M 108 M 26M 31 1.25 Equip trust 4Mb to 1941..F&A b Equip trust 4 Ms to 1943.-M&S b Equip trust 4s to 1946 M&S b Fuller ton-Portsmouth Bridge— 1st s f 6s 1957 M&S / Galveston-Houston Elec Ry— 1st M s f g 5s 1954 opt— A&O/ Gandy Bridge (Tampa)— 1st mtge s f 5 Ms 1957 A&O 96 3 37 29 M 106^31 ..... 102 99 72" Gary Rys 40 3 33 104 Power— J&J Connecticut Power— 1st & coll trust 5s 1956 Detroit Edison— Gen & ref 4 M« 1961 ser D.F&A Gen & ref M 4s ser F 1965. A&O Gen & ref M 3 Ms ser G '66M&S Detroit International Bridge— 17 104 103 H 90 Florida Tel<«p 2d 6s 1954 J&J Un Wat 6s 1935 .J&J Fort Pitt Traction—See Phila Co 1st lien coil 5s 1944 40 14 M 20-yr s f 6 Ms 1948 A&O / Duluth-Superior Transit— 25 1st 5s 1953 w s M&S 76 Dumbarton B'ge 6Ms to '49-J&J Duquesne Light—See Phila Co 76 Duquesne Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co 103 M Durham Pub Ser 7s A *49--A&O 101 Durham Trac 1st 5s 1941—M&S 76 East Coast Pub Serv 4s 1948 F&A 103 East Jersey St Ry 5s 1944.-M&N 68 E. Kootenay Pow 1st 7s '42.A&0 14M East Prussian Pow 6s '53 J&D / Commonwealth-Edison Co— 1st mtge 3 Ms ser I 1968..J&D Conv debenture 3M« 1958.J&J Oom'wTth El 5s June 1 "43-M&S Commonwealth Gas Corp— f deb Certificates of deposit Deb g 5s 1952 M&N Deb g 5s 1952.. A&O 15 Deb 5s Jan 15. 1961 —..J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D w w s 102M Gary Electric & Gas Co— Tunnel— Sfdebg 7s 1952 Columbia Gas & Electric Corp— Inc deb Canada M&N / / 6Ms 1948 __M&N / Certificates of deposit / 1st 5s, 1966 M&N Conv 106 M 102 M 47 & 104 Fruit Growers' Express— 4Mb 1st mtge s f 6s 1953— Certificates of deposit Cleveland Ele^rie Ilium— 1st mtge 3s 1970 J&J Cleveland Ry 1st 5s A 1945.M&S Coast Cos Gas & Electric— 1st s f 4s series B 1965 M&S Colonial Utll 5 Ms 1958 J&D M 104 M 104 M 103 M i—» o o Fontana 77 M 93" 109M 90M M&S 1966—J&D Sinking fund debs 5s 1946.J&D Delaware Power & Light Co— 1st coll 4-5 Ms 1948 A&O Citizens Water (Scott dale)— 106M Corp— Florida Pow & Lt 1st 5s *54--J&J Florida Public Service Co— 1st 4s series O 1955 J&J 107 M 106 M 35 Power 1st mtge 4s series C 8* 106 M 1st Federated Utilities Inc— 1st lien col tr 5 Ms 1957 109 M 42 105 Danbury & Beth Gas 6s 1948 F&A Darby Med & Ches Ry—See Phila R Tran / 86 JDarby & Yeadon 4Ms 1934 103 M Dawson Ry & Coal 5s 1951 J&J Dayton Power & Light— 1st mtge 3s 1970. 106M J&J Income notes 3s 1955..—F&A Ask Equit G & E Utica 5s 1942-A&O Ercole Marelli El Mfg Co (Italy) 46 1st s f 6 Ms 1953 with war M&N 90 Erie Coach Co 4M8 1959 130 Erie Co Electric 6s 1959 J&J 108 Erie Ltg 1st m 5s 1967 A&O 108 Fall River El Lt 3 Ms 1968—M&N Federal Light & Traction— 103 M 1st 5s (Amer series) 1942.M&S 100 1st 5s (Internalser) 1942..M&S 103 M Stamped M&S 103 M 1st lien g 6s 1942 stpd M&S 101 Debenture 6s 1954 ser B__ J&D 15 Fed'I Pow & Lt 6s Nov 1, 1965— Federal St & Pleasant Valley Pass Ry 5s May 1 1942 J&J / 24 Federal Water Service Corp— 101 Oonv deb 5 Ms 1954M&N Florida Public Service Co— Delaware Electric Power Co— Deb 5 Ms 1959 J&J „ Deb 5 Water 110 M&N M&N M&N M&N . 96 12 108M —M&N ist collM» series A 1946 )eb 5 6s series A 1970 Crescent 97 A&O 94 M Co 3Mb 1965 3 Ms 1967 1st mtge 3Ms 1970 1st mtge 3 Va fl966 1st mtge 3M 81969 Cuban Cincinnati Street Ry— 1st m 5 Ms ser A 1952 1st 6s 1955 ser B Deb g 58 Apr Deb g 5s 1963 109 M 106 M Power 1st mtge 1st mtge Consumers M M Cincinnati Gas & Electric— 1st mtge 3 Ha 1966 F&A 1st mtge 3 Mb 1967 J&D Cln Newport & Cov L & T— 1st ref 6s 1947 series A J&J 93 M 99 H 4 1M 3M 96 J&D 1943 Bonds 8 4 4M 4M 4M 4M M M stamped Ask Bid 105 Bid Bonds Ask and Income and defaulted bonds month preceding the date of Issue 108 H 1st ref mtge 3s seriesJPj'69- J&D 58 Houston Gulf Gas— . _ A-A&O a 101 1943 with war..A&O a 101 1st M & col 68 Deb 6 Ms t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan. k Last sale, n Nominal, r Payable in Canadian funds. accrued interest, 103 M a Called for redemption; see page 111, 1943 ser b Basis. / This price includes NOTICE—All bond prices are "and Interest" except where marked "f" and Income and defaulted bonds Quofcat'onx for all securities are as near as Bid Bonds 110% J&D 111U s 102% Hudson Co Gas 5s g 1949. -M&N Hudson River Trac 5s 1950.M&S Hydro El Bond & Sh 5s 1957M&N Hydro Elec Power Commission (Ontario) 3%s 1943 J&J 4%s due Jan 1. 1970— J&J 3%s 1947. A&O Deb 2%s 1941 M&S 2l*s 1942 A&O Deb 2 >*s 1944 J&D 3%s 1953 F&A 3s Aug 1 1948 A&O Idaho Power 1st 3%s 1967--A&O Illinois Bell Tel 3%s B '70..A&O 111 Community Tel 6s 1949--J&J Illinois Power & Light Corp— . 78 70U 69 70 73% 76 73 108 lllH 66 108 U 112% 100% oo £ Deb 101% 72 105 _ Debs A 6s 1948 Keystone Telephone Co— 1st & ref 5 %s 1955 ser A—J&D B—A&O Kings County Elec Lt & Power— Purch money 6s g 1997.-A&O 29% 29% 29% 9 Sec 7s 1957 ser E Sec 7s 1952 ser F International 82% 33% 106 104 101 150% '53 108 38 1942—F&A 44 71 Lake Superior District Power— 1st mtge 3 Us ser A I960.-A&O Lancaster Co Ky & Lt 5s 1951 J&J 26% 24% 22% 28% 27% 21 J&J15 19 21 78 82 International Telep & Taleg— Deb g 4 Us 1952 J&J Deb 5s 1955 F&A Int-State Bridge 4-0 %s '50-M&N Interstate Gas & El 6s 1951. J&D Interstate Power 1st 5s 1957-J&J Deb gold 6s 1952 J&J 22 W* 68 22% 25% extend 4s 94% 92% 54 52% 50 49 9% 1 83" 108% 108% 87 110% 58% J&D Leipzig Overland Power— S f mtge 0%s 1940 M&N Lewtston Gas Lt 3 %s O *56-A&O Lexington Ry 1st 5s 1949 J&D Lexington Water Power Co— 1st s f 5s 1968 J&J Conv deb 5%s 1953 J&J 108 J&D 104 1955.-J&D Lockhart Power 4%s Lombard Elec Co (Italy)— 1st extl 7s 1952---J&D % 101% 68 U Lone Star Gas 3 %s debs '53 F&A Long Beach Gas 1st 5s '56.-J&D 69% Iowa Electric Co— 102 % J&J 103% notes— 14% 105 103 it* Secured g 6s 1945J&J Conv deb g 5 %s *52 ser A.A&O Los Angeles Hermosa Beach & 100 4s Apr 1 1941 4s Oct 1 1941 102 38 107% 54 40% 108% 60 104% 102% 105 Railway Corp— 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 Louisville Gas & Elec Co (Ky) 4s Oct 1 1943 102 4s 1st ref 102 Apr 1 1944 4s Oct 1 1944 102 4s Apr 1 1945 4s Oct 1 1945 4s Apr 1 1946 101 Iowa Elec Lt & Power Co— 1st 4%s ext 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-5Us 1949--A&O Iowa-Nebraska Llrht & Power— a 104 A.-M&N 105 105% 104 106 106 % 107 Debenture 6s 1960 1st mtge3%s 1969 Iowa Southern Utilities— Deb 1950 "or M&N a 1st mtge 4s 1970 Isarco Hydn. 1st M s f 7 M&N 1950—.M&N Tier Co - n52 103 U 105 U F&A 5Us (seiies of *25) 1950 J&J 5Us (series of '35) 1950 -M&N Gen mtge s f 4%s 101% M&N (ltaly^ ...M&N a 104% 106% 102 U a 105 103 101% 401% 3 5% Aug 1 1942 —M&S F&A 1st mtge 4%8 ser A 1966.M&S Lower Austrian Hydro-Elec— 1st s f g 6%s 1944 F&A Lower St Lawrence Power— 1st « f 5s ser A 1955 A&O Luneburg Pow L & W W(Germ'y) 1st M s f 7s 1948 M&N Luzerne Co (Pa) Gas & Elec— 1st ref&imp g 5s 48 op'13 A&O 1st & ref 6s 1954 M&S Debenture 7s 1944 J&J 103% McLaren 102* 1st 8 f 4s ser A 1959 M&N Macon Gas 1st mtge 4 %s '52. J&D 37 1st Income 3-68 1957 w s 2d Income 4s 1963 w s Called for redemption; see page 111. 6 Basis. 105 104% 104% 104 .J&D Michigan Gas & Electric Co— 1st & ref 6s 1943 M&S 1st M 5s 1956 J&D Michigan Public Service Co— 1st g 5s 1947 ser A A&O Middle States Util 6s A 1951 A&O Middle West'n Telep 6s '43.-J&J Middlesex Elec Light Power— 5s 1955------J&J . J&J Midland Util deb 6s 1938—M&S Certificates of deposit Milwaukee Gas Light Co— 1st M 4%s 1967 ..M&S Minneapolis Gas Light Co— 1st mtge 4s 1950 J&D Minnesota Power & Light Co— 1950 103% 102% 40% 102 102% 100% 101% 52 90 124 93% 64% 62% 104% 104% 106% 106 107 102% 103 M&S 104% 105% 104% 104% 109% J&D Mississippi Power & Light— 1st M5s 1957 J&D Mississippi River Pow 5s '51 J&J Dpb 5s May 1. 1947 M&N Missouri Edison 1st 5%s '47 J&D - Missouri Gas & Elec Service— 1st 4-5s 1956 A&O & 89% 63% 61% M&N 1st & ref 5s 1955 /1st & ref 4 %s 1978 Mississippi Power Co— 109 104101 93% '53-J&J 106% 93 93% Missouri Telephone— 4%s series C 1961 80 78 78 76 Missouri 6s 106% 106% 109% 110% 118 90 85 M&S 103 Val Public Service— J&J 1939 Mobile Gas Service Corp— 97 1st 5s 1956 .—A&O 93 1st cum inc 9s ser A *56--A&O / Income 7s 1956 A&O / 90 Mob Lt & RR Cons g5s '41-M&S 102% 82 Mohawk Valley ref 6s 1991 M&N A&O 71 102 108 Monongahela Light & Pow Colst M 5s 1949 -..J&D 120 11 Monongahela Valley Water— 1st M 5%s 1950 series A J&J Monongahela West Penn Pub Ser 1st & gen mtge 4%s 1960.A&O Debenture 6s 1965 A&O Debenture 6s 2031 44 64% 14% 123 102% 110 110% 111 111% 101 106% 101% 107% 103 103% Montana-Dakota Utilities— Conv deb 108 1st mtge s 108 Montana Power— 116% 68 66 4%s 1946 —A&O f 4%s 1954 M&N 1st & ref mtge 3%s 1966.-J&D Montreal Isl Pow 5%s 1957 M&N 1st & coll 107% 49% 3 /This price includes accrued interest, 76 Montreal Lt Ht & Pow Consol— 101 s f 3 %s 1956 1st & coll 3%s An Oct Ann O 95% Light— 1st mtge 3%s 1966 J&D Missouri Public Service Co— 1st s f 5s 1960 F&A Quebec Power Macon Ry & Light 1st 5s Manchester Terminal— 30"" 86 Monmouth Cons Wat 5s '56. J&D General 5s 1950 Lowell Gas Light— 31 1st 1 & ref 58 1961 ser B M&S Iowa Pow & Lt 1st 4 Us 1958 M&S Iowa Public Service Co— Deb 5s 1968 .....M&S ser f 5s 1st & ref M 3 Us 1960 M&S Louisv Ltg 58 '53 unstmpd-.A&O Louisville Ry— 102 101 1st lien &ref 5s '57 s 23 25 ' Mich Fuel & Lt 6s A 1950. Missouri Power Los Angeles 102 U 102 U 8 7% 23 105% 104% - Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry ^ 1941 1942 1 1943 U 944 1 1945 1 1946 1 1947 1 1948 1st & ref 5s 1955 Los Ang & Pac RR-See Pac El Ry 102 101 4s Aug 86% 71 Long Island Lighting- 4s Oct 1 1940 4s Apr 1 1942 4s Oct 1 1942 48 Apr 1 1943 6»% 6% 21 ' 105 48 Aug 103 62 38% 2 60 98 lmpt g 5s 1960 1st extend 5s 1945 61U Interstate P 8 (Ark) 6s 1940 M&S Interstate Rys 4s 1943—. F&A Interstate Tel & Tel 54s 1953J&J Investors Telephone 3s 1901-J&J 110% 102% 104% 5s 96 J&D Ref & 37 4 108 91 Middlesex & Somerset Traction— J&D 1915 Lincoln Gas & Elec 5s 1941 54 - 1st 107% 108% 4s Aug 94 36% notes— 4s Aug 4s Aug % 91% 52% Lake Shore Elec Ry 0s 1933.J&J / General 5s 1933 F&A / Lake Sh Gas 1st 5%s 1950..M&N 33% in- 4s Aug 1 48 Aug 1 13 11 A&O O F&A 50 21 A&O f 7s 1957 ser A Serial 105% A&O ser 101 Mar 1952Michigan Associated Telep Co— 1st mtge 4s ser A1968 M&N Michigan Consolidated Gas— 1st mtge 4s 1963 M&S 107% 1942—F&A % 172 100 107 s Metropolitan West Side "L"— 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J Mexican El L 1st M g 5s '42.J&J Mex Lt & Pow 1st 5s *40 s f__F&A Mexican Utilities 7s ext'49-_A&0 Light Co— ext 1st 5s 1939 Ret & ext 5s 1942 80% 62 101 Metropolitan Edison Co— 1st M 4%s 1968 ser D—.M&S 1st M 4s 1971 ser E M&N 1st mtge 4s ser G 1965—M&N Metrop Edison Corp 6s '61.M&S Metro Wat Sewer—See Fgn bds 4s Aug Ref & 71 75 Miami Bridge— Income deb 6s (w-s) Lehigh Valley Transit— O J&D F&A 1961 100% 101% 1st M coll tr *%s J&D a 103% 102% 1st col&ref 5%sl960 ser D F&A Railway (Buffalo)- A 103 101% 6s coll notes ser A 65 69 1st 102 78" M&N ser 29 101 ^ J&D 1958 1st 5s ser A 98" Meridlonale Electric Co— 33% Ref & impt 3-5s 1962 1st 4s KIngsCoElev—See Bklvn-Que.-ns Kings Co Gas & 111 1st 5s '40 A&O Kings Co Ltg 1 st ref 5s '54--J&J 1st ref 6 Us 1954 —J&J Kokomo Water Works— Laclede Gas Buff Trac 1st 5s 1948 Serial ser 53 51 ser 1951 Lackawanna & Wyoming Val RK 1st 5s 1951 F&A / Debentures 6s 1948 F&A/ 67 bonds 1955 1st I & ref 6s 107% 59% (Stamped mod) ext at 5% to 19457 _.Q-A Maryland Light & Power— 1st M 5%s 1950 ser A .J&J Maysville P Serv 5%s A 1942A&O Memphis Street Ry— 3-5s series A 1945 A&O 3-5s series B 1945 Ann April 1% 103 % J&D / A&O sec 112% M&N 65% •zi* 68 Market ^t Ry (San Francisco)— 1st s f 7s 1940 ser A Q Jan 104 112 97 99 107% 62% 95 Market Street El Pass Ry— See Phila Rapid Transit 42 101 1st M 5s 1978 .. 95 s Ref & gen 6-4 %s ser B 1966 J&J Ref & gen 4s series C 1967-J&J 107 103 Kewanee(Ill)Pub Ser 6s A '49 J&J International Hydro-Elec System w w 105 130 Key West Electric 5s 1956—F&A Keystone Public Service— 107% — 16 106% F&A 4 %s 1956-A&O f 5 %s 1956 A&O Maritime Telephone & Tel— 104 -J&J -F&A 1970 86 70 J&D f 7s 1941 s Maritime Electric Gen 125 97% Inter continents Power Co— Internat'l Pow Ltd 0%s 1957M&S Deb 6s 1957 M&S Debentures 0s 1955— J&J International Power Sec Corp— 10 110 6s coll noteR ser B - 6% % 1958—-—J&D/ Co—• M&S Kentucky Utilities Co— Kentucky Power & Light 1st m 5%s 1948 ser B 4%s 1955 Keokuk Elec 6s 1945 85% Marion-Reserve Power— 1st mtge 3 %s 1960 106 85 T&J F&A / 61 Certificates of deposit / 61 stpd 1952 (25% paid):::: / 62 Sinking fund deb 7s 1938.F&A / 6 Inland Power & Light Corp— Coll trsf 6s A 1936 M&S / 28% Coll tr ■ f 6s 1941 ser B—M&N f 28 Coll tr 6s 1957 ser O A&O / 28 Deb s f 7s 1935 -J&D / 8 Inland Telep 1st 6s 1948 A&O a 102 Interborough Rapid Transit— 1st & ref g 5s '66 op tax-ex, J&J / 81 Celt i flea tee of deposit / 81% 0% notes 1932 A&O / 33% Certificates of deposit / 33 % Conv g 7% note 1932 M&S / 78% Certificates of deposit / 77% Conv deb 0s 1944 A.-M&S S t mtge 48% 70 s 15-year .... Kentucky El Pr lstsf 0sl96OJ&J Kentucky Fuel Gas Corp— 1st 6 %s 1942 stamped J&D / Kentucky-Ohio Gas Co— 1st mtge 4s Indianapolis Gas 5s 1952 A&O / 96% Indianapolis Power & Light— 1st rnigo 3 %• 1970 107% M&N 62% Indianapolis Ry 5s, 1967 J&J Indianapolis Water— 1st mtge 1900 Inland Gas 0%s 1938 74% 14 9 83 Traction 1st 6s 1948—F&A Electric— gold 6s 2022 ser 106% ^ A I960.J&D 1st mtge 3%s ser Kansas Gas & 48% f 5%s '51 ser A J&J 1st M s f 5 %s 1952 ser B..J&J Mannheim & Palatinate Elec Cos 1st M Corp Otfs indebt 2s 7AH 105% 31*62 / 40 Cons mtge 3s B Dec 31 1962 Joplin W W 1st 5s 1957 M&S Kankakee Water 4 %s 1959.-J&J 103 Kansas City Gas 1st 5s 46—F&A 106 1st 6s series A 1942 F&A Kansas City Public Service— 40 1st ref 4s series O 1957....J&J / Kansas Power 4s series A '04 J&J Kansas Power & Light C6— 1st mtge 3%s 1969—— — .J&J 110 —F&A Jer City Hob & Pat—See P S Johnstown Traction 4s Dec Kansas Electric Power— K 96" 93 1965......M&S ik 106% Indiana & 8 W Gas & Util— 6% conv notes 1940 J&D f Indianapolis Columbus & South¬ 4 . 75 48 88 J&D deposit Manila Elec R R & Ltg Corp— 1st lien & colltr 5s 53 M&S 56% 2-6s, 1st mtge 3%s 86% 86% A&O 1990 deposit Manitoba Power Co Ltd— W* 78 69 U , 46* 1967---------J&J Jamest'n (NY)Telep 5s 1954 J&D Jersey Central Pow & Lt Corp—- 75 U 69 U 1st mtge 5s 1958 sar A M&N Indiana Pr 1st 7%s *41 A -M&N Indiana Service Corp— 1st & ref M 5e Jan 1, _ 63 Bridge System— I9^ 76 Indiana Central Telephone Co— 1st lien coll 5%s 1938 M&N Indiana Gas Utilities 5s 1946-J&J Indiana Hydro-Electric Power— . Gas— 5s stamped 1942—----- --£££ Inc deb 6s ser Aws 1952-M&N 1st Telegraph— mtge3%s ser A 1970.-F&A ern 60 Jacksonville (Fla) James River 8 f deb 5hs 1957-—— -M&S 1st 1 & ref 5s 1963 1953 ser A..M&S Ask Y)— Ry (N Cons 1st guar 4s Certificates of 2d gold 4s 2013. Certificates of Electric— 25-yr s f 5%s Bid Bpnds Manhattan 71 69 Indiana Assoc . 102% 126 79 107% 106% 105% 99% 1 st Ask Italian Superpower Corp— See Investing Companies. M&S f 1955 Bid Bonds Ask Houston Natural Gas Corp— 1st m coll 6s *43 with warr.J&D 1st mtge 4s possible for the closing day of the month preceding the date of issue Islands Gas & Houston Light & Power— 1st mtge 3%s I960 „ 75 PUBLIC UTILITY BONDS OCT., 1940] 51 5 k Last sale, 1st & coll Conv r 1963 3%s 1973 notes 3s 1949— F&A J&J J&J J&J Payable in Canadian funds. 68 66 68 65«% 73% 78 67 BONUS PUBLIC UTTLTTY 76 bond prices are "and interest" except where All NOTICE 61 75 79 56 65 83 .— 86" 20 22 108K 30-yr 3 Kb debs 1968 J&D 105 K Muncie Wat Works 5s 1965.M&N Municipal Gas & El Oorp of Reckinghausen 7sl947 J&D / 12K Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel Narrangansett Electric Co— 109 K 1st mtge 3 Kb 1966 J&J Nashville Gas & Heating Co— 98 K 1st 5s 1951 M&N Nassau El KR—See Bklyn Queens Nassau & Suff Ltge 5s 1945--F&A Nat Gas & 5s series Nat Lt & 100 % Co— J&J K 100 K 1953.F&A B 1947 _J&D Pow 6s 1949 .M&N El Corp 5s 1st & ref 5s 1955 99 K 101K K 101K 1st & ref M 3 Ks 106K 67 K 102 K a 102 % 104 K 3 100K 1st M & lien 5 Kb 1957M&N North Shore Gas Co of Illinois— Joint 1st mtge 4s ser A '42- J&J - 107 K 40 38 1st coll & ref 5 Kb '48 ser A_ J&J North Penn Gas Co— 101K 88 87 85 81 28 26 ] 30 75K 75 % 130 123 K 114 1st mtge 3Ks 1964 ...M&S Northern Texas Electric Co— 64 K 65 66K 65 K 65 J&D M&N Convertible deb 5s 1962--.J&J 68 98 New Engl Pow Assn 5s 1948-A&0 Deb 5Ks 1954 J&D % 98K, 100 108 % 110 120 New England Power— 3 Kb series A 1961 -M&N New England Tel & Tel— 1st 5s 1952 series A J&D 1st 4Kb 1961 ser B M&N 100 126K 128 K 127 K Kj 66 M&N 3-6 Ks May 1 '69 / 88 90 63 65 N'west Cities Gas 6s 1949 J& / Northwest Louisiana Gas— 1st M 6Ks 1936 with warr.JKD / Northwestern Elevated (Chic)— 8 9 15 18 a 110 9K 101 13 income 5s 1953..A&0/ Northwestern Power Co Ltd— 16 s f conv 1st M 5s ser J&J A 1957. 69 K 106 K 107 New Mex Gas 104 105 K 105 K 103 K 105% a 1st mtge 4s series A 1970--F&A ^•western Teletr 1st 4 K* '44-J&J Northwestern Utilities Ltd— conv 6s 1951 M&N Nova Scotia 99K J&J 1st mtge 58 1958 New Orleans City & Lake— 1st s f 5s 1943 105 K 106 J&J New Orleans City RR 5s'43 J&J New Orleans Pub Service Co— Inc 6s Nov 1949 ser A O O THrJ< fO J&D Newport & Fall River 8t Ry J&J Newport Gas Lt 5s A 1961—J&D Newp News & Hamp Ry G & E— Consolidated 4 Kb 1954 £ O O ^.1— 115 103 _____ 101K 103 K 109K 110K 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 120 116K 1st ref M 6s 1951 ser A--M&N N Y State El & Gas Corp— M&N J&J W-s lio"" 00 9K 9K 107 107 K Ref mtge 3 K s ser B 1967- J&J - F&A 1947._J&D / 1954—J&J 110K _ 106K 107 K 107 K 87" 90 93 102 23 111% 117K J&J 98 K 1st & ref mtge 4s ser D *61 J&D 100 % Mutual Fuel Gas g 5s' 47 M&N 115% Peoples Light & Power Corp— 1st lien 5 Kb 1941 —J&J f 130 Conv deb 5s 1979 J&J f 20 Peoples Light & Power Co— ser B - _ 113K 98% 100 K „ 1st lien coll 3-6s 1961 J&J Peoples Telep (Butler, Pa)— 100K 102 K _ J&D 1960 s f 5s w w con sol 99 -J&D J&D 1954 107 K 109K 28 83 84" 55 59 101K 1st gu g 5s *45opt. hef'J6.M&N Oregon Elec Ry 3s 1958 —-M&S Oregon-Washington Water Serv— 1st M 5s 1957 ser A J&D Ottawa El Ry 4Ks '48-'55.J&J Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O 100K 49 K 5s 1948 1st & ref 5s 1950 108 26 IK con __ 102 K Ardmore Street 5s 24 „ M&N M&N M&N F&A 4s 1948 Philadelphia Company— Secured gold 5s 1967 38 Ontario Pow 5s'43 op to'13-F&A Ontario Transmission Co Ltd— 101K' 104 K 101 r 97 K 99 K 103 K « Ml «• 101 _ J&5 106K 1958.-A&O / 5 107 K Duquesne Lt 1st 3Ks "65. J&D Duouesne Trac 1st 5s 'SO J&J / 22 Fort Pitt Traction 5sl938—- / 5 Pittsb Rys 5s 1953 86 2d Ave Tt 1st 5s 1934 J&5 f 15 / So Trac 1st & coll tr g 5s'50A&0 / 6 United Trac 5s 1997 ctfs.-J&J / * 1 West End Trac con 5s '38.J&J / 20 Philadelphia Electric— 1st & ref mtge 3 Kb1967--M&S Philadelphia Electric Power Co— 1st mtge 5Ks 1972 F&A Phlla & Garretsford St Ry— 9 108 9 20 8K 3 111K 112K F&A 117K Philadelphia Rapid Transit—■ Coll tr g 5s 1957 opt s f---F&A 8 f guar 5s 1962 M&S 6s gold 1962..— M&S 39 K 1st m r e 6s 1944 -J&J 115 57 K 102 K 97 102K 102 / 67 % 106K 110K 1st 5s 1955 23 103 K 103 ---- tHest Mantua & Fairm—- Serial notes— 1940-1948 A&O Otter Tall Power Co (Minn)— 1st mtge 4s 1961 J&J mtge 107 K 105 85 1st 109 J&D ref 5s *41-J&J / Apr 1 / Old Dominion Pow 5s May 15 '51 Omaha & Council Bluffs St Ry— 1st extd 4s 1947 J &J 1st 61 110 Peoples Gas (N J) 1st 5s *68. J&D 1st s f 5Ks I960 J&2 Peoples G & Fuel 6 Kb ww'37 A&O People's G L & Coke, Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947.-M&S Prior lien 5s 1948 106 Oklahoma Ry 1st & Income 5s 1990 3-3Ks New York Telephone Co— 109K 107 K 95 K 107 99 K 96 K 104 109 100 59 tr3ks 1964 J&D 99 F&A —F&A 102 103 98 K 94 105K Ret mtg & coll tr 3Kb '70--J&J Wat Serv 5s ser A '67.F&A 1st F&A 104 K Ref mtg&coll Peoria Water Works Co— 1st M 5s 1948 ser A 107 108 Peoria Service Co— 109 K 106 K 103 K F&A M&S M&S M&N 108 105 K 102 K *67-.F&A 108 % 106 105 K 108 Co— 108 K 109 105 107 K 107 107 K 107 K Peoples Tract—See Phlla R T 105 K 108 K M&N 1954-J&D Electric M&N 1st & ref 5s ser H 1962 A&Q Pennsylvania Gas & Elec Co— 1st I &ref 5Kb '55 ser A.-M&Si 1st L&Ry 5s 1958 M&S Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A..-M&S Pennsylvania Pow & Light Co— 1st mtge 3Kb 1969 F&A 4KS debentures 1974 F&A 4s 1st mtge 3K*s ser B 1955--F&A Oklahoma Power & Water— 40 9 106K 1st & ref 6s ser O 1947 1st & ref 5s series D Pennsylvania 1st 1st mtge 3 Ks 1966— Debentures 4s 1946 N Y & Richmond Gas Co— M&N 110 109 K Oklahoma Natural Gas— 106 K 80 106 K F&A 109K 121" 110K M&N __F&A 3 K-3Kf* 1941-42 3 Kb 1943-1944 19 104 K 108 ~ 114 stpd 1958—..J&J 1st con 4 Kb 1962 ctfti 1st con 6 Ks 1962 ctfs New York Steam Oorp— 1st mtge 3 Ks gtd 1963 —- 108 K 109 Ohio Water Serv 1st 4s 1964.J&D 113 AdJ income 6s Jan 1 1965.-Apr Bleeck St & F F 1st 4s *50.J&J / B'way & 7th Ave 5s 1943- J&D f 1st 4Kb 1960 1st mtge 3 Kb 1964. New York State Rys— ■ 106K Con 5s 1945 J&J NY&Westch Ltg 4s 2004.-J&J Deb g 5s 1954 op guar.. J&J N Y & Queens Elec Lt & Pow— 1st & cons M 3Ks 1965-- M&N New York Rys Corp— 1st mtge 4s 1965 1st M 4Kb 1980 lllK Oklahoma Gas & Electric— 111 Co— Edison 62 102 F&A 5K.8 I960 123 K 109 117% 148 coll J&D A&O 1st mtge 3 Ks 1968 Ohio Public Service Co— 4s 1945-1947 Ohio Term (Cleve) 6s Ohio Valley Water 5s 123 New Amster Gas 5s 1948--J&J NY & ER Gas 1st g 5s 44—J&J 110K 122 1964 1st & ref 4s 1981 107 K 109 M&N M&S J&J 1st & cons 4s 1965 1st mtge4s 1967 lsr mtge 4s, 1962 Notes— 1st 1 & ref 3 Ks ser D 1965.A&0 1st lien & ref 3 Kb ser E'66 A&O N Y Gas Elec LH&P Co— 88 Ohio Edison Co— Ohio Power Co— Deb g 6s 2024. 105 K 100 K New York Edison Co— Prior lien 6s 86 K 1956 F&A Oberpfalz Elec 7s 1946 J&D / 13 K 110K Ogden Gas 5s 1945 M&N 106 Ohio Assoc Telep 4Ks 1966.J&D Ohio Cities Water Corp— 100 1st M coll tr 5Ks '53 ser A-J&J 1st mtge 3K« 1972 1st & ref 5s 1944 J&J New Rocbelle Wat 5 Kb '51-M&N 1st 5s series B 1951 M&N New York & East River Gas—See NYGELH&P 67% Deb 5s 1st & ref 5s 1952 series A..A&O 1st & ref 58 1955 series B-.J&D 5s stamped 1942. J&J 66 64 J&D s 5s Pinn 101 Light & Power Co— f 4s 1957 NY PA NJ Utilities1st M 103 J&D 4Kb series A 1959 New Mexico Power— 106 18 Penn Water & Power Co— N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 M&S N J Pow & Lt 1st 4Kb '60-A&O 72 104 Elec & consul gold 5s 1949 M&S & State Line Traction— Penn Water 1st 3 Ks A 60 6s '60 ser A-J&J Northwestern Pub Serv Co— 113 Gas 1st & ref 4s 1971 ser F 99 cum 1st M 105 Passaic 110K 111K Penn Public Service Corp— 8% 8% Northwestern Light & Power— 6s series B 1950 F&A 1st & Paterson 95 K 111 - Deb g 6s 1950 ser A Deb 5 Kb 1959 ser B 45 s 1st mtge 58 1941 opt M&^/ Union El (Loop) 5s g'45„A&0 / 68 94 % 109% F&A Telegraph— B1966. A&O Ref mtge 3 Ks ser O 1966-J&D Parr Shoals Pow 5s 1952 A&O Paterson Ext extd 5s 1950 J&D 1st Northwestern Penna Gas— & Power— J&J Pacific Power & Light Co— 1st M 5s 1955 Pacific Telephone & Ref mtgie3 Ks ser Penn-Ohio Northern S f reg Income 16 111 J&J / f g 5s 1940 opt Utilities Co— 1st lien 4-6s 1968 Coll tr 65 K M&S f 111K 58 106 105 K Northern States Power (Minn)— 1st & ref M 3 Ks 1967. F&A Northern States Power (Wis)— 65 110K Serv— Pub 1950 deb 6s 111 Northern Penna Power Co— 1st & ref 5s 1956 ser A—J&D 1st & ref 5s 1962 A&O 99 K M&S J&J 103 J&J Paterson Ry—See Pub Serv Corn 100 Pecos Valley Gasext6Ks '44M&N Pecos Valley Power & Light Co 58 1st extended 6Ks 1950. .M&N 15 Non-cum Inc deb 6s 1950-M&N / Penn Central Light & Power Co— 104 1st & ref 4Kb 1977 M&N 105 1st 5s 1979 M&N Penn-Jersey Water— 127 126 B—M&N 1st lien & ref 6s 1947 lioK 108 H'61. J&D 110 1st lien & ref 7s 1946 A—M&N i ser 106K 113K 111K 110K Paterson 106 K 106 K 52 1st 3Kb series A 1969 F&A Nor Indiana Telep 4Kb '55-M&N Northern N Y Utilities Inc— 110 K 125 K 109K G 1964--J&D ser 5s, 1942 Pacific Northwest Cnnv Corp— North Continent Utilities 80 77 106K 113 111K 1st &ref M 3 Kb ser 11966-J&D Pacific Light & Power Co— 1st Northern Indiana Pub Serv E Assoc— A&O M&S 30 North Boston Ltg Properties 104 3 Ks secured notes 1947 A&O 1 Nortn Carolina Gas 6s 48--M&N / 112 G E L H & P 1st & ref 4 Ks B 1970 1st & ref 4 Ks C 1981 1st & ref M 4s 105 % 24 Newark Cons Gas con 5s '48-J&D Newark Gas 6s Apr 1 1944—Q-J Newfoundland Light 1sts f 4Kb 1956 New Haven Water— 106 K North 110K 95 _ 106K Amer Light & Power Co— S f deb 5 Ks 1956 J&J 48K 47 Pacific Gas & Electric Co— 1 st & ref M 6s 1941 ser B.J&D 106 % 104 K 107 Deb 6s 2022 M&S Nov Calif Elec 1st 5s 1956—A&O Deb 6s July 1941-. J&J New Amsterdam Gas—See N Y 51K Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S 55 §2* 38 50 5s'42-M&N 109K 48 / 59 36K 56 Ask Angeles Pacific Co— F&A F&A 3Ks debentures 1954 1942—-J&J M&S 1st ref g4s 1950 opt '15- J&J Gen cons 1st 5s 1946--J2&J 4s debentures 1959 F&A Nor Amer Gas & El 6s 1949..J&J 3 Ks debentures 1949- 111K Debenture gold 5s 1978--F&A Certificates of deposit Nat Toll Bridge 6s stmp *39-J&J Nebraska Fow 1st 4Kb 1981-J&D Conv deb 5s 1948 Oonv deb 5s 1950 109 A&O A North Texas Co 3-6s 1957—J&J National Power & Light— Deb 6s series A 2026 F&A Deb 5s 2030 ser B M&N National Public Service Corp— New England G & Deb g 5s 1947 Redona Ry 1st Los 110% North American Co— 99 66 ser 1961 Refunding 5s Calif Pac Ry 1st 5s 1941.-J&J Los Angeles Hermosa Beach & Lt & Power Nippon Elec Pow Ltd (Japan)— 1st mtge 6 Kb 1953 J&J Norf & Ports Bdge 6Ks *47—F&A 109 99 98 Niagara Falls Power— 1st & ref 3Kb 1966 M&S Niagara Lockport & Ont Power— 105 K Morgantown Water 5s 1965- -J&J Mount Hope Bridge 5s 1969.J&D 2d Income 8s Dec 15 1969. Mountain States Tel & Tel— National Electric Power 5s stamped 1978 See N Y Gas Elec Bid Bonds Ask Pacific Elec Ry g 5s N Y Water Service Oorp— 1st M 5s 1951 ser A M&N N Y & Westchester Lighting— 64 43 J&J Gen & ref 5s 1955 series A.A&O Gen & ref 5s 1955 ser B A&O Gen & ref s f 4 Kb '55 ser C A&O Gen & ref 5s 1955 ser D.A&O of the month preceding the date of issue Bid Bonds Ask Bid Londs Montreal Tramways— 1st & ref g 5s 1941 opt marked "f" and Income and defaulted bonds all securities are as near as possible for the closing day Quotations for 3 Kb 1969 M&S r 99K 1st extd 5Ksl939 Market Street 103 103 1st g gu 4s -M&N / Elev Pass 1955 Union Traction— 1 Elec & Peo 4s tr ctfs '45 84 Ry— M&N . 100 K 1st sf 5s 1952 Water Co— 101K _ M&S 103 A&O / I People's Traction Co—_ 13 K 14M Ry tr ctfs 4s '43.F&A / Union Traction 4s 1952. J&J Ozark Power & 12 21 P P * Exchanged for Phila. Trans. Co. 3-6s, 2039, under reorganization plan. + Exchanged for Phila. Trans. Co. J Exchanged for Phila. Trans. Co. 3-6s, 2039, and pref. stock under plan, a Called for redemption; see page 111. includes accrued interest. A Last sale, n Nominal, r Payable in Canadian funds. 4s, 1969, under reorganization plan. &kBasis. eJSx-interest. /This price prices are "and interest" except where marked Quotations for all securities are as near as possible for the closing day of NOTICE—All bond Bid Bonds Phlla Suburban Water Co— 1st s f 4s 1965 M&S 105 3* Rhine-Westphalia El Pr (Germ'y)l Mtge g 7s 1950 M& N / 18 Direct mtge 6s 1952 M&N f 18 Con mtge 6s 1953 F&A f 18 Cons 6s 1955-A&O / 19 Richmond (Ind) W W Corp— 1st M 5s 1957 -—M&N 1053* Richmond (S I) Lt & RR— 1st coll tr fc 4s 1952 J&J 105 1073* Phila Transportation Co— Consol mtge 59 64 ' Scrip — 1st & ret 48 1969 J&J 59** 68 84 J&J 3-6s 2039. 87 40 J&J J&J 1st 4s 1954 49 I960.J&J Philippine Long Distance Tel— 1st & ref s f 6 83 Ms 1960 ser A A&O Pittsburgh Rys—See Phila Co Pittsburgh Suburban Water Serv 1st 1 & ref 58 1958 M&S Pittsburgh Trac 1st 5s 1927-A&0 Plainfleld-Un Wat 5s A '61.M&M Platte Val Tel 1st 4 3*s'58—M&N Pomerania Elec 6s 1953 M&N Portland Elec Pow 6s 1950-M&S 20 14 3* 16 923* 84% 783* 1013* 1013* gen 713* 1063* 903* 1003* 1st M 5s exten to 1950 J&J Portland (Me) RR 3 3*8 1951-J&J 1st 1 & con m 5s 1945—M&N Porto Rican Power 6s 1950-M&N S f 43*s inc B notes Rome (Ga) Ry & L 5s 85** 66 17 92" 68" 173* 1083* B.M&S 71 --J&D 6s '49—J&D 65 Power Secur coll tr 1083* 1003* 107 Provincial Light Heat & Power— 5s 1916 M&S 111 Prussian Elec 6s 1954 F&A / 143* Public Gas &Goke 5s 1952.-J&D / 46 Public Service Co of Colorado— 1st mtge 33*8 1964 J&D 107** - s 1093* 74** f debs 1949 48" 107 108** 1073* 1063* 106** 3 5*« Mar 3^8 3 5*s 314a 3^s 3 Via Sept Mar Sept Mir Sept 102** 103** 104** 1 1 1 1 1942 1942 1943 1943 1 1944... 1 1 1 1 1 1 1 1 1 1 1 1944 1945 1945 1946 1946 1947 1947 1948 1948 1949 1949 105 105 104** 104** 103 3* 103 3* _ 105** 1053* 1053* 105** 104 3 104* 1033* 103 103 100** 1013* 100** 104** Camden 6% Sub per pet—M&N 1st 5s 1946 J&J Ellz Plaint & Cent Jersey Ry— 1st g 5s Dec 1, 1950—J&J 893* 71 Paterson Ry— 2d 6s '14 ext 5% to *44-A&O So Jeisey Gas El & Trac— 95 933* 723* Savannah Electric & PowtOo 1st & ret 48 ser D 1947 QJ 1st & ref M 5s ser F 1955-M&S 5s Marchl .1953.M&S 126 Public Service Co of Nor 111— 1st mtge33*s 1968A&O Public Service Co or Oklahoma— 110 Public 8ervice Elec & 1 as Co— 1st & ref M 3 >*s 1968 J&J 1st & ref 5s 2037 J&J 1st & ref 8s 2037 -J&D Public Utilities Consol Corp— M 5Wh 1948 M&S 1st coll 4-53*8 1948 A&O Puerto Rico El Pow 4s to '56.J&J 1st Puget Sound Power & Light— 1st & ref 53*s 1949 J&D 1st & ref 5s 1950 ser C M&N 1st & ref 4 3*8 1950 ser D.J&D Quebec 100 1063* 108 M&S Queensboro Gas & El 5s '52-J&J Conv g deb 5 3*s '52 ser A.A&O Republic Service Corp— 1st coll trust 58 1951 Rhine-Ruhr Wat Serv Extl deb 6s 1953 J&D 102 a 101 a 1003* 1003* 1003* a a 1073* I ». 1075* "3* 107 106 107 72 74 723* 95 3sApr 1 1959 M&N Seattle Gas 1st 5s 1954 Seattle Lighting Co— A&O 98" 101 5s 1944 215^ t?* Elec A&O Steubenville Wellsburg & 87 1053* 71 J** 78 60" 80 Gen income 4s (w-s) 1957-A&0 Sierra Pacific Power Co— 1st & ref 5s 1960 ser A M&S 1st 53*s ser B 1957. —M&S Silesia Elec Corp s f 6 3*s'46 .F&A Sioux City Gas & Electric Co— 5s 6 Basis, e Ex-coupon. 68 67 69 1093* 104 1033* 42 37 705 705. 70 3* 70 3* 703* 7 3* 81 81 96 _!/ 96 13 — 143* Weirtonj 5s A&O 1961.. J&D 1958 M&N 1953 Ref 1st 1023* s 52 con M g & 93 783* 203* J&J 1053* 1063* J&J J&J 1003* 1023* 1013* M&N 1st 5s '58..F&A 1950 1950 Texas Power & Light— Deb g 6s 2022 ser A General 63*8 285* 110 1053* 35* 35* 1053* Texas Hydro Electric Corp— 1st mtge 6s ser A 1956 A&O Texas Pow Corp 6s 99 J&J J&J M&S / ..- 1025* J&J Texas Elec Ry 5s 1947 Tex Trac 1st 5s 1937 opt Texas Electric Service Co— 1st 2-6s 1951- 073* 99 Light— 5s 1944 Wat I at mtge 5s 1960 Texas Gas Utilities Co— 85 105 M&N f 68 series A 1955 Texarkana 1023* 133* Mtge g 4s Dec 1. 1943 J&D South Bay Consolidated Water— 1st ref 5s 1950 M&N Called for redemption, seepage 111. 1st 5s Shreveport Rys— 123* 101 1055* Telephone Service (Ohio)— 70 1st mtge 4s 1966 Serial debentures— 1065* Ry 1st 5s 1951 A&Olf 15 Syracuse Gas g 5s 1946 J&Jt 1163* Syracuse Lighting 5s g 1951 .J&D 125 Syrac Rap Tr 1st g 5s 1946-M&S!/ 253* 2nd mortgage 5s 1930 7 J&Jtf Syracuse Transit 4s 1969 •f 38 Taiwan El Pow s f 53*s 1971-J&J 49 100 Tampa (Fla) Gas 53*s '56..A&O Deb 102 48 96 72 1053* M&N f A&O f Certificates of deposit 4 Pow (Japan)63*s 1952 J&D 71 70 . Haute Traction 953* 903* — Terre 69 90 F&A Standard Power & Light Oorp— Deb g 6s 1957 F&A Conv deb 6s 1938 Stettin Pub Util 7s 1946 1053* Shrevp't Bdge & Term 5s'55_F&A 115 J&D Hydro Elec63*a 1953.F&A 1st sink fund 63 1103* 1073* Elec of Del. Terni 33«,s 1946—M&N Shenango Valley Water— 4s series B 1961 1003* 98 Gas & Convertible notes— 6s stmp ext May 1 *48—A&O 6s stmp ext May 1 *48.-A&O Debenture 6s 19ol F&A 70 Shlnyetsu 100 Standard Temescal Water 1st 5s A *60 M&N Tennessee Eastern Elec Co— 1st M 5s 1943 F&A f 4 sec 63 125 Conv coll 153 973* M&S 873* 863* 683* 683* s 57 8 Telep Co— 3*s'67 ser A A&O 1st coll tr 4 3*s ser D '70-A&O 1 st coll tr 4s ser F 1961 A&O 1st coll tr 4s ser G 1969--J&D 1st M&col 88 54 104 105 Second Ave Trac—See Phlla Co— U23* 8* States 1948 6s Standard Telephone Co— 1st 1 coll tr 53*8 '43 «er A.M&N Shawinigan Water & Power Co 1113* 86 . Telephone Bond & Share Co M&S — M 1st 6s 1949 1083* 102 1st M&S 100 56 B1959 2022 series A Standard Public Service Corp— 1st Hen 6s series A 1948 F&A 1st Hen 6s 1948 ser B J&D A&O Income 71 110 98 106 101 4s series Deb g 6s Debenture 6s 1966 1353* 99 5s 1942-1946 104 a 1st & ref 58 series B1961.F&A Scranton Trans ser A 5s'59.A&0 3s 1941 a a 104 98 A Sioux City (la) Serv 6sl951-J&J Somerset Un & Middlessex Ltg— Canadian funds 101 a 104 ser 100 Spokane Gas & Fuel 5s 1944-F&A Spring Brook Water Supply— 1st ref 5s 1965 ———A&O Spring Val Util ref 6s T&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 Certificates of deposit ..F&A Union— J&J / 1055* 1st 4 3*s 1958 M&S Scranton-Spg Brook Water Serv— 71 Power— 1st & coll 4s 1962 Sayre (Pa) Elec 5s 1947 A&O Schenectady Ry 1st 5s Mar 1, '46 Scioto Val Ry & Pr 1st 6s '43. J&D 1st & ref 5s 1967 Light & Pow Co 1st mtge 35*s ser A 1969. -J&D Southwestern Power & Light— Southwestern 1057»i Scranton Gas & Water Co— 1103* Southwest Telephone Co— 1st 6s series B 1947 M&S 1st 6s series C 1947 J&D Southwestern Bell Telephone— 1st & ref M 3 3*s ser B '64 J&D Southwestern Public Service Co— 1st M s f 6s 1945 ser A J&J Amherstb'g Ry debenture 4 3*8 1943 J&D Savannah Elec Co 1st 5s *52.J&J 89 1st mtge 4s ser A 1966 F&A Public Service Co of Pa— 1st ten & coll 5 3*s '53 J&D Pub Serv Coordinated Transport 1st & ref 4s 1990 J&J 1st & ref 5s 1990 J&J 1st & ref 55*s 1990 J&J 1st & ref 6s 1990 J&J 105 San Jose Water Works— 1st mtge 3**s ser A 1961—J&D Santa Barb Tel 3 3*s ser C66 J&J 103 1937—M&8 / 6s gold debs 1957 1053* 62-A&O J C Hob & Pat 4s 1949—-M&N Guar g .M&N San Joaquin Lt & Power Corp— Unlf & ref 6s 1952 ser B—M&S Sandwich Windsor & 49 101 Stamford Water 1st 5s 1952. -J&J 15 1941 15 1942 15 1943 4s Apr 15 1944 — 4s Apr 15 1945 4s Apr 15 1946 4s Apr 15 1947 4s Apr 15 1948 San Diego Consol Gas & Elec— Name changed to San Diego 1533* Ells & Raritan Riv 5s '54-M&N Elizabeth & Trent 5s 103 103 4s Apr 1043* 105 Pub Serv 6 3*s west 1st 1543* Public Service Corp of N J— Trust certs 1013* 1023* A&O Debs f 7s 1942 1083* 96" 46 Southwestern 102 M&S 4s Apr 48 Apr 1063* 94 1st & ref M 3s ser O 1968—J&J Southwestern Gas & Elec Co 1st mtge 3 3*s ser A 1970.-F&A San Antonio Public Service— 1st mtge 4sMay 1 1965—M&N San Francisco Bay Toll Bridge—_ 1st M sink fund 63*8 '57-M&N 100 107 12 683* Gas & Electric Co— Public Service Co of N H— 1st mtge 3Hs ser O I960--F&A 1st mtge 3 ser D '60--MAN 1st 3 3*s series E 1961 ——F& A 1st 3j^s series F 1966 J&D 68 100 - 105 105 m 1093* ---F&A 6s 1942 —F&A 6s 1943 F&A Angelo Telep 1st 5s 1958 F&A 1st mtge 4s 1963 Serial notes— 90 S'west Nat Gas inc 6s 1966--A&O 1113* 6s 1941 5sl9l9 1043* 1053* 124" 963* f 1053* San Antonio Gas & Electric— 101 A&O A&O A&O _ . San debentures— 3 3*s Mar 1 1941 3 3*8 Sept 1 1941 1st & ref 53*s series 11945 1st & ref inc 53*s ser 11*45 Utah Power Co— 1st M 5Hs May 1. I960—M&S Southside Va Pow 5s 1950. F&A River Power— Assn 107 93 122 Southwest Gas Co (Okla)— 1st s f 6s 1954 M&N 663* 113* 663* 60 1013* Southern Trac—See Phlla Co Union Gas— 106 F&A Salt River Valley Water Users 1003* 1065* Southern 103 Guar 5s 195? 1043* 55 - Southern 1003* 1023* M&S 104 ... Corp 52 105 Southern United Gas Co— 103 15 1964 51 1045* J&J (Calif)— M&N Southern G & E (Fla) 5s *53.J&J Non-cum 6s (ws) 1951 Paul Gas Light— Gen gold 5s 1944——--—M&S Salmon 1st g 6s 1947 series A Southern Counties Gas 1st M 4 3*s 1968 73 116 St.Maurice Pow 43*sser B70A&O St Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O Southern Colorado Power Co— 10-year coll s f 6s 1942 33as Jan 1 1941— 4s Jan 1 1942 43*s Jan 1 1943— —— Joseph Water 4s A 1966—A&O Ix)uis Co Gas 1st 5s 1951-A&O 1st mtge os 1959 C'mv n-c inc 4s May 1013* 1083* Serial 3j*s Mar 3 5*s Sept 3VS8 Mar 3 3*s Sept 3 %b Mar 3 5*8 Sept 35*s Mar 35*s Sept 3 3*s Mar 3%s Sept St 88 71 1083* 893* l-'t H-l O O 72 Adj mtge inc Jan 1 6s *60- A&O 1st M pit e line s f 43*s '51 A&O Southern Neb Pow 53*s B'47 J&J South N E Telep 1st 5s 1948.J&D 1003* 1003* 1073* A&O A&O Southern Natural Gas St Louis Public Service— . J&D Public Service Co of Indiana— 1st mtge 48 ser A 1969 M&S 4s 54 debentures— Serial St Providence Gas 4s ser B 1963 F&A 68 — 1979 J&D Saguenay Power 4 3*s A 1966 A&O 1st 43*s series B 1966 A&O St Clair County (III) Gas & El— 1st cons guar 5s 1959 M&S St Joseph Ry. Lt Heat & Power— 1st mtge 43*s 1947--J&D 112 1966 J&J of Canada Ltd— 3 3*8 4 3*8 1959 Ser Conv deb 5s ser A 1957 a 1st mtge s f 43n8 110 Conv deb 101 a HHo o F&A '65 41*i 1962 1095* 1063* 1063* M&S & ref 4s Aucr 1 1st mtge. 3 3*s, 1970 Southern Canada Power— ^ Safe Harbor Water Pow Corp 112 power Corp mtge 125 109 109 108** 1958-M&S/ 64 1958_M&Ss / 50 *46—A&O 107 Corp 63*s '53 A—A&O / 20 Gen M 43*s May 1948—-M&N 1st 8 f 4s Oct 1945— A&O Edison Go— 1st mtge 5s 1956 ser E—_M&N 1st M 4 3*s 1961 series F..A&0 Potomac Electric Power— 1st 1st & ref 43*s 1961 1st M 1103* 1065* 1055* 1055* J&J Ref mtge 3 5*s ser B I960..J&J Southern California Gas Co— 85 64 1123* 1093* 1063* A&O 87 Rumford Falls Power— 71** 3 3*s debentures 1962 3s debentures 1979 1063* 14 61 1113* Southern California Edison Ref mtge3 J*s May 1 I960.J&J 82 103 3* Co rp 12 J&D 95 f43*sinc A notes Ruhr Gas 72 Porto Rican Rys Ltd 5s 1962M&N Postal Teleg & Cable 5s *53-J&J 1st lien 6s 1944 1st lien 6s x-w 1941 J&D S'eastern P & L deb 6s 2025-M&S Southern Bell Telep & Teleg— Corp— Rochester S J&J Transit 16** 93 3* Coke— 1025* Ask Southeastern Gas & Water Co— 85 M&S Extend 5s 1951 J&J South Jer G E & T—See Pub Serv ice Rochester & Lake Ontario Water 101 Bid Bonds South Carolina Power Co— 1st Hen & ref 5s 1957 105 1977ser D.M&S Gen 35*s series H 1967--.M&S Gen mtge 33*s ser I 1967.M&S Gen mtge 3 3*s ser J 1969-M&S 1023* Portland (Me) Gas L 5s A'50 A&O Portland General Eletrlc Co— 1st & ref 4 3*s 196u M&S Potomac 2 1063* 4 3*s 1950—J&J Portland Gas Co 1st 5s 1951-F& A & 88 28 Ask 94 mtge Gen mtge 4 3»s Stamped 1st I'd 26 3* 100 34 Valley Gas Co— 5s 1950 A&O Roanoke (Va) Gas Light— 1st 5 3*s 1951 F&A Roanoke Ry & El 5s 1953—F&A Rochester Central Power Corp—■ Deb g 5s 1953 M&S Rochester Gas & Elec Corp— 1st Pinellas Wat Co 5Hs 1959.M&S Pitts Canonsburg & Wash 5s 1937 / Portland (Ore) Gas & 1st & ref 2 5s 1950 Rio Grande 53* 1st s f 6s series A 1953 J&J Piedmont Hydro-El Co (Italy)— "t" and income and defaulted bonds the month preceding the date of issue -------- Phila & West Chester Traction— 1st 6s 1954 Phlla & Western Ry 5s Bid Bonds Ask 77 BONDS UTILITY PUBLIC OCT., 1940] 203* 80 M&S 100 M&S 95 J&J 1173* 1st & ref 5s 1956 M&N Texas Pub Serv 1st 5s (w-s) 1961. Texas Traction Co 5s 1937—J&J 1065* 1005* 105 77 82 /This price includes accrued interest. * Last sale, n Nominal, r Payable! BONDS PUBLIC UTILITY 78 and incom* and defaulted bonds month preceding the date of issue NOTICE—All bond prices are "and interest" except where marked T' Quotations for all securities are as near as possible for the closing day of the Bid Bonds (New York)—55% 1960 opt aft 14 J&J / 18% AdJ inc g 5s Jan 1960 o£t. - A&0 / 100% Third Ave RR 1st 5s g 37—J&J Third Avenue Ry 1st ref g 4s Ry 1st 5s g Union 1942..F&A 78 Yonkors Ry Twin 1st 1st Twin 1st City Rapid Transit Co— lien & ref 5%s A 1952--J&D lien & ref 5%s B J952.-J&J Electric— 1 & ref 5 %s 1945 Ser A M&S States Gas & of Canada— 1940-42 J&D serial 4%s 1943-45 J&D 1st serial 4s J&D 1st 4%s 1950 Union Gas System— 1st M & coll s f 5s .. „ 51 ser A.M&N Unit Elec Co of N J 4s *49.-J&D United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A— Gen ref M 4s Jan 1951 ser B— United Electric Service (Italy)— Extl 1st s f 7s 1956 ser A—J&D United Gas & Fuel (Hamilton)— 1st s f 5%s 1948 J&J United Light & Power Co— Deb g 6%s 1974 T--M&N 1st 1 & consol 6%s 1959—A&O Deb g 6s 1975 M&N United 5%s 82 West 1st 50 2d 107 103 \ 76% 57 59 30" 107% 103% 63 69 71 71% 73% 1952—M&N 1952—M&N United Telep Del 6s A 1948 A&O United Tel & Tel 5%s A '53.M&N 1st lien 6s ser B 1953 M&N s f 5%s ser A f 5%s ser B United Traction (Albany)— 104 117 117% Gen inc 4 -5s ser B 1965 72 87 101% 103% 1st mtge 3 His 1966 Wisconsin Hydro-Electric 40 45 47 45 47 92 102 102% 4 !1H — 102% 100% 102% 101 37 50 38 110% 108% 106% 103 110 3 17 40% Worcester Transit Association— Cum income 6s 1952 J&D/ Co 60 1 * $7 preferred- — * $7 second 2nd pref series A_ —* $6 cum pref * — 10 111 American Light Traction. —25 * 7% Amer Public Serv American Service $3 * Preferred $6 series 100 * 25 & Teleg 112 American Telep 103 Amer Utilities Service com..— 6% preferred 9 $6 1st preferred Appalachian El Pow 7% 6 % preferred Edison * Elec com Amer Wat Wks & * pref —* * Arizona Power $6 50 Class A. 102% Called for redemption; 6% preferred see page 111. 6 Basis. common——* - -* 10 /Flat price. m 26 11 150 160 100 ..100 11 15 94 99 - 12 * * 102 50 43 100 100 113% * 112% 82 75 101 100 103 10(5 102 100 100 110% 100 Cent Ohio Lt & Pow 6% Central Pow & Light 7% 6% preferred Cent & S W Util pf * pref 100 100 50c com * Preferred Prior lien preferred * * Central States Pow & L $7 pf--* Cent Vermont Pub Serv 6% pf-* Central West Co. v t c 6 78 102 98 94% 112% 103% %6 1 6% 8% 96 .8% 109 ~6% 76 8% 9% 1% % % 2% % % % 1 Series 2— « — — 105 3% 106 3% 96 "5% 73% Preferred B 5% 72% 6% Preferred BB 68 73 86 90% 94% % 97 nities Serv 48 107% 1% 1% ctfs—* * Chicago Rys partic ctfs ser 1..100 — 113 98% 95% 114% 104% % 104% Ohic City & Con com part Pref partlc ctfs 100 Series 3 100 Series 4 100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Street Ry 50 Cincin & Suburb Bell Telep—50 Cities Service com 10 Preferred 100 113% 47 45 105% Central States Edison 20c A: Last sale, 13% prof-100 5% preferred 10c 1% 1% 7% 1.10 * 6% preferred—... $7 preferred Central N Y Power Corp— 11% 162% 8% 106% 108% Central Maine Pow $6 pref 72% 12% 162% 47 — 26% ....100 7% preferred 18 6 —-1 Common 6% preferred — pref 100 Central Kansas Power 6% pf.100 3 Arkansas Missouri Power— Arkansas Nat Gas 90 25% 25% % 14% 109% 106% ... Cent Indiana Gas 6%% Cent Indiana Power 7% 1% 1% 16% 3% 14% % 32% 112% 3% 19" * preferred 91 108% 105% 4%% preferred 2% 17% % 72 1% % 90 1 6 % preferred Cent Hud G & El com 95 * com 2 % 3c 40 Cent Illinois Light 4 % % pref. Cent 111 Pub Serv $6 pref! 18* 5% 8% 90% 112% 20% 100% 10c Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com 1 102% 93 72 99 104 6% preferred 44% 3% 20% 99 Casco Bay Lt & Water. 14% 28% 3% 51% 26 16 Central Arizona Lt & Power Co— 43% 25 $6 pieferred$5 preferred Arizona % 14% 19% 70 37 Carolina Tel & Tel 98% 99% 51 & pref—100 50c preferred-.* Amer States Utility coih 1 82% 5%% preferred 25 79 Amer Superpower Corp com * 55 First $6 preferred * 9 3% 12% % 32% 138 * - 100 3 Amer Railways com 109 15 80% 16 24% 114% 62% 3% 100 - Capital Transit (Wash, DC) 100 Carolina Pow & Light $7 pref * $6 preferred* 79 * 6% preferred- — & Light com 25 pref Canadian Marconi 94 59% 1% % 5% 165 Ltd— 6% preferred 92% 100 Amer Powei 83 102 112 W arrants 104% 104% Wireless $6 preferred $7 preferred., $6 preferred * $5 preferred — * Alabama Water Service6% pref.* 17 * c Calif Water & Telep 6%.pref.—25 Camden & Rockland Water-. 100 STOCKS. * 3% Canada Nor Pow com Hydro-Elec of Wyoming Vail P S 6s 1971—A&O / 12 Yonkers Ry—See Third Ave Ry 100 York (Pa) Gas 1st 5s 1941.M&N 124 York Haven Wat&P 1st 5s'51 J&D 99% York Rys 1st M t 5s *37opt.J&D 5s stamped 1947 J&D/ 98% 4%% cum preferred Corp A Calif Water Serv 6% 42 Consol Amer Gas & Power com 102% 110% 84 Amer Gas & Elec com 44 — 78 / Warrants 35 34 Ordinary shares Amer dep rec 7%% A ord—£1 Amer dep rec B ord £1 Amer dep rets 5%% pref—--£1 Calif-Oregon Power Co— 6% preferred series of 1927-100 6% preferred 100 106% 101% — - Pow com--; 115 37 Cable & _ Allegheny Traction—See Phila Allentown Beth Gas pref Amer Cable & Radio Corp 4 46% 106% 20 * c—25 Brooklyn Edison —.100 Bklyn Manhat Transit * $6 preferred series A • Certificates of deposit * Bklyn & Queens Transit com • $6 preferred * Certificates of deposit * Bklyn Teleg & Mess'ger (gu).100 Brooklyn Union Gas * Buffalo Niagara & East Power— $1 60 prior preferred 26 $5 1st pref * 55 J&D $7 pref 55 78 83 77 * Class B 106% Amer & Foreign — 49 109% J&J Alabama Power _ Brockton Gas Light Co v 103 A&O Cum income 6s (w s) 1952-J&D Wuerttemberg (Germany)—See 100 * Brit Col Pow 107 99% PUBLIC UTILITY — 101 21% Co— 1st mtge 4s ser A 1966 Serial debentures— 150 25 Bridgeport Gas Light Bridgeport Hydraulic Co 105 M 5s 1947 A&O Wisconsin Michigan Power Co— „ Debs f 6s 1946 F&A 102% Washington Gas & Electric Co— 1st s1 5%s 1947— F&A 1st M 5%s 1953— J&J 1st M 5s 1955 --M&N 77% 1st lien & ref 6s w w I960-F&A 53% 128 Washington Gas Lt 5s *60 M&N Washington Ry & Elec Co— Consolidated 4s 1951 J&D 108% Anacost & Pot 5s 1949—A&O 102 1st guar 5s 1949 A&O 111% City & Sub 6s g 1948-— -F&A 102 Washington Water Power Co— 1st mtge 3%s 1964 J&D 108% Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 J&J / 7 Certificates of deposit / 7 Waukesha Gas & Electric Co 1st 5s 1959 J&J 125 West Canadian Hydro-Electric— 1st 6s ser A 1950 J&J 80 Conv deb 6%s 1945—J&J 75 80 103% 118% Telep of Pa 6% % pref—100 — 71 102 1st mtge 4s 1961 J&D Wolverine Pow adj 4 Ma Mar 1 *59 , a 102 1st 1st mtge 3%s 1961 Wisconsin Power & Light— * * com Birmingham Elec $7 pref * $0 preferred— * Birmingham Gas common 2 $3.50 prior preferred 50 Birmingham Wat Wks 6% pf_100 Blackstone Vai Gas & El pref. 100 Boston Edison Co new com 25 Boston Elevated Ry com 100 Wisconsin Public Service Corp— 35" 99% May 1 2022 M&N 1st lien gen M 5s 1944—£&A 102% 1st lien & gen M4Hs 1944.F&A 100% Utica Belt Line Street Ry— 1st 5s 1939 —M&N / 2 Utica El L & P 1st 5s 1950---J&J 125% 130 Utica G & El ref & ext 5s '57 J&J Co Bldg (Kanata Realty)— 5s 1956 F&A 101% Utica & Mohawk Valley Ry— 1st 4%s 1941 M&S / 2% Vermont Ltg Corp 1st 5s'44 A&O Vesten Elec Ry 7s 1947 J&D / 13% Virginia Electric & Power— 1st & ref M 3%s B 1968—M&S 110% Virginia Public Service Co— 1st & ref 5%s 1946 ser A.-F&A 103% J&D 1st & ref 5s 1950 ser B 103% 104 1st & ref 6s ser C 1952 M&S 103% Electric— Wisconsin Gas & River Bdge Beverly Gas & Elec Biddeford & Saco Water 103 Wise Elec Power 3%s 1968-A&0 Wise Fuel & Lt 1st 5s 1948..M&N 4s June 1 1941 8% 6s •No par value, 13 J&J J&J Gen 4-5s series A 1965- Hudson Brazilian Tr Lt & Pow ord 1st M 5s Aug 1952 ser Winnipeg Electric Co— 27 a* 79 103 Co— A—F&A Water Williamsport 88 Utah Power & Light Co— — i M&S F&A _M&N 1st M 5s 1956 ser B Mt 1.60 21% 135 110 100 100 Canadian Price Bell 67% 71% M&N 1st M 5s 1941 opt Wichita Water 6s 1949 32c Beaver Valley Water 6% pref. 100 Bel) Telephone (Canada) 100 . 99 Phlla Co Unterelbe Power & Light Co— Sink fd M 6s 1953 A&O / 14% Upper Mich Pow & Light— 100% 1st mtge 4s ser A 1959-.-F&A Utah Lt & Tr 1st 5s 1944 A--A&O 102% Deb 102% 5s '52--J&D 1st M 5s 1960 ser C „ -J&D / Con g 4%s 2004 Unit Trac (Pgh)—See Wat 121 25 Hydro Elec com preferred 6% preferred Bear 107 100% 101% 91% Westphalia United El Pr 1st M s f 6s 1953 J& Wheeling (W Va) Electric Co— United Securities Co Ltd— s Bangor 104 M&N 80 102% 100% 102% 40 11% 2% Beaubarnols Power 5%to'4lK&N Westmoreland 93% Coll 105 Western Utilities Corp— f 6s 1952 107 100 Preferred vtc 101% Fdg & R E M 4%s 8 *50—M&N 25-year g 5s 1951 J&D 30-year 5a Mar 1 1960 K&S s * Atlanta Gas Light 6% pref 100 Atlantic City Elec $6 pref-—. ._* Bait Transit Co ▼ t c * 7% M&N M&N 80 93 Coll . 15-year -J&J Gen g 4s July 1 1934- — —J&J City & Sub Pub Serv 5s 34.J&J / M&S / 5s series Mut Un 6s ext at deb 5%s.52 F&A F&A / 10% 1% B 1950 J&J Deb s f 6s extd 1950 M&N Western Public Service Co 1st & ref 5%s 1960 F&A Western Union Telegraph 63 3% 26% 11% 12% 2% — A&O/ IstM 5%s 1950 1st M 5s 1951 1st 61 70 109% Western N Y Water Co— 87 61 26 107% Class A 3% % coup notes 1946 J&D Western N Y Utilities 5s '46-J&D 85 Eq 7%s Feb 15 1936 United Rys of St Louis— 106 124% 108% Western Mass Cos— 104 82 1960—J&J 82 61 76" Investing Companies Public Utility • Telep Co Ltd $1.25 pf * Assoc Telep & Teleg $6 pref * $7 1st preferred 100 $4 preferred * Associated 107% Assoc 60 Western Cont Util 6s 1944 % % see 106% Gen mtge 3%s gtd 1967—J&J Westchester Service Corp— 4s 1948-1953— —- Assoc General Utilities— 89 Utilities Co— Texas 1 * * * * * * $6% preferred $7 preferred Option warrants 118 83% % % % % 1% 1 Original preferred $4 preferred $5 preferred $0 preferred- 108" 90 * -• Common class A 108% 117 75 1st mtge 3%s ser A 1969.M&N West Virginia Ohio River Bridge 3 %-6 %s,1960 J&J West Virginia Water Service— 118% Conv colltr 6%s B K 1970 West 118 United Rys Cos 4% ctfs *49-J&J / United Railways of Havana— sor 109% jLt&Rys(Me)6s A'52 A&O Deb 6s 1973 1st M 3s West 89% 108% Un Lt Rys (Del) 116% 110% 107 % 113% M&S J&J M&S Penn Tr 1st 5a I960--J&D Philadelphia Pass Ry— ext 3 Ha 1956 A&O extended 5%s 1956 M&N 1st M 3%s ser I 1966 89% 107% 85% United Public Utilities Corp— Conv coll tr 6s A 1960 J&J 1958J&J West Penn Elec deb 5s 2030-A&0 West Penn Power— 1st mtge 4s 1961 A&O Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50—J&D Union Passenger First lien f 5s s 99% 107 % 1st M 5s 1963 series E ^ 1948-—J&D Railway— ist 4s Mar 31 1961 —AJO 2d ext 4s Mar 31 i960 A&O Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— West Ohio Gas 1st 97% kR—See N W Elev Union Gas Co. 1st 83" Arkansas Pow & Lt $7 pref 6% preferred Associated Gas & Elec com West End St Ry—See Boston El West End Trac—See Phlla Co "4" Tyrol Hydro-Electric Pow Co—: 12 1st Ms t 7Hs 1955—-M&N / Guar s f 7s 1952 -F&A / 12 UJlgawa Elec Power (Japan)— 82 1st M s f 7s 1945 M&S16 Union Electric Co of Missouri— 107% 1st mtge & coll tr 3 %s 1962 J&J 102% 3% notes, 1942—... — — J& Union Elev j 57% 19% Bid Stocks Ask Bid Bonds 65 5s g 43 .J&J 50 1st 5s 1946--A&O 96% Tide Water Power 1st 5s 79-F&A Toho Electric Power (Japan)— 78 1st s f 7s 1955 ser A—M&S15 Tokyo Elec Light Co (Japan)— x 9% 1st g 6s 1953 series --J&D15 109% Toledo Edison 3%* 1968.—J&J 106 1st mtge 3%s 1970 A&O 102% 3%s s f debs I960-------A&O 73% Traction Term'l Corp 5s 57--J & J 123 Trenton G & El g ™ 1?49—M&S / 43 Trenton St Ry ext 5s 1968-—J&J 102% Trt-County Telep 4%s B *56 A&O 3 Troy City Ry 1st cons 6s 42 A&O / Westchester El 1st Ask Pr & Lt $6 $7 preferred . _ pref .. Citizens Gas Fuel com 7 1% Ky—See Phila R T Citizens Traction—See Phila Co Citizens' 2 2 Pass Citizens Utilities com 8 n Nominal, r Canadian price, 1 1% x Ex-dividend. 1% oct., 1940] Stocks Par Bid are as Stocks common $4.50 preferred Cleveland Railway 102% 101 * 42 113 100 , 22 Coast Co Gas & El 1st pref->100 Colum G A El Corp (Del) com.. * 6% preferred series A 100 100 5% 5% preferred 100 5% conv preferred 100 Columbus & Southern Ohio Elec— 6% preferred A 100 6 % % preferred B >>100 Commonwealth Edison Co 25 72 113 114% 113% % 1% %« 56% n 100 - Garv Elec A Gas Gen Gas A Elec (Del) 130 109" 106 4% 5% 9 58 65% 90 % * 60 cum conv * 30 62 38 conv 30 40 pref ser A — —* * 31 40 32 40 Gen Italian Edison Elec Corp— Amer shs for ordinary stock.. 26 30 — General Pub Util common * 25% % Gen Telephone Corp com * 20 13* 17 $2.50 \\T 118 47" 37 41 * % 60" 58 100 116 25 51% 7* 9* 10% Cons Gas E L A P 4 % % pref series B_... 100 4% preferred series G_ 100 Cons Edison Co of N Y com... 108 26% 106% $5 preferred- Consol Gas Co (Pgh) pref.....50 Consolidated Gas Utilities com.l 107 1% 29 r 105% 101*$ 3 3 % % Denver Tramway com * 9*$ 110 com.. Duquesne Light—See Phila 2% 72% 10% 66* 1% 6 * com 3 % 3% 74% 8* i* 75 3% 34% 100 100 61c 75c 100 6% 1st pref stamped 6% pref B stock 34 % 54 100 4%% prior preferred Eastern Mass St Ry com 66 72% 11% 100 5% adjustment stock Eastern Mich Transportation 9% 1H 100 * * 16 100 East Shore Pub Serv 6 % % pf 55 2 85 Eastern Minn Power 0% prof 18 4 100 Eastern States Gas Easten Telep A Teleg Eastern Util Assoc com * ...25 * Conv stock * Electric Bond A Share.. $6 preferred $5 preferred.. Electric Ferries common 5 * * * i 19 26% 3% 5% 73 63% 3 22 27% 3% 5% 73% 64% 3% 100 ...100 * . El Paso Electric Co (Del) Preferred series A 7% El Paso Nat Gas com "5% 37 * $7 preferred $6 preferred 2d pref series A__ Optional warrants "5" * Light Corp 32% 37% 33% • 15 17 1% 98 3 33 ... ...100 110 com -.50 57 50 62 112 Preferred Elisabethtown Water Cons 100 100 Elizabeth Consol Gas Empire A Bay State Tel (gu) 100 Empire District Elec 6% pf.-lOO Empire Gas A Fuel Co pf 8%.100 Preferred 7% ..100 6% % preferred 100 6% preferred 100 Empire Power Corp— See Investing Companies. Engineers Pub Serv com __1 $5 cumulative preferred $5% pref (with warrants) 214 46 73 75% " 220 83" 73% 79% 77% 76% 73 75 75 8 1 * 50 non-cum preferred Power 7% pref 6% 1st nr^ferred 111 Comm'l Telep 6% pref .. 5% conv .100 .. „._* common preferred 50 Arrears certificates Illinois Power A Light— $6 preferred Illuminating Shares class A Indiana Assoc Telep $6 pref 50 * * Indiana A Michigan Electric— 7% preferred 100 Indiana General Service— 6% preferred 100 Indiana Hydro Elec 7% pref.100 Indiana Service Co 6% pref—100 7% preferred 100 Indiana Telephone Corp 100 Indianapolis Power A Light— Common.. * 6% preferred 100 6%% preferred 100 Indianapolis Ry Co v t c..... 100 Indianapolis Water 5% pref.. 100 Interboro Rapid Transit Certificates of deposit 10 54 Phila 8% R T 56 22% 12% 23" 13% 104 % 16 15% 25 50 Teleg <guar)__ 100 International Power Co * 1st preferred _.10C Internat Power Securities Units. International Ry v t c Internat Teleg of Me (gu) International Telep A Teleg 117 112 98 5% 24% 100 * * 109 109 83 ... 100 Louisville Railway Co Maiden Electric Co 25 Maiden A Melrose Gas Lt 25 Manchester Gas pref 100 Manhattan Railway 7% guar Certificates of deposits. Marlon (Ohio) Water 7 % pref.100 Marion Reserve Pow $5 pref Memphis Natural Gas Metropolitan Edison Co— lii* 100 2% 7% 2% 78 % 2% 2% 88 100% 100 101% 5% 4 3% 100 14 100 14% 100 V Midland United 16 Italian Superpower— - — - 17% A k Last sale, 11 100 * 31" .* n Nominal, 13% 105% 130 34 * * com. 4 4 10 States Tel A 5 94 95 84 85 80% 90% 92% 85% 112% 102% 3% 103% 4% 98 28% 6% 78 107 87% 20% 40 46~" ..10 5% 16% 44% * .50 Tel..IOO 130 52 Nassau A Suffolk 7% 25% National City Lines Class A pref 100 1 com com 29 42% 4% 7% 90% * 1st pref 100 100 10 com Preferred 100 New Bedford Gas A Edison Lt-25 New Eng Gas A Elec Assn— $5% preferred stamped * New Eng Pow Assn com * 6% preferred 100 $2 preferred * New England Pow Co $0 pref.100 New England Pub Ser com ..* $7 prior preferred ..* * $6 preferred $0 prior pref * * England Tel A Tel com Canadian price, t New stock, 113 111 1 23 61 31 8% 63% 20% 134 % 69% 9% 8% 63% 100 118 50 79 110 New Jersey Pow A Lt $6 pref * New Jersey Water pref......100 New Mexico Gas 15% 10 50 10 National Power A Light com...* —-5 50 x 83 83% 100 com K/ % 100 * ._* 5% % 5% 5% 8/ 78 100 6% preferred r 5% % 5% .100 New Haven Water.. * .... __5 6% preferred Montana Power 6% pref Montreal L H A Pow Cons Montreal Telegraph New Investing Companies. Jamaica Pub Service Ltd Preferred Jamaica Water Supply.... 109 com.........* Convertible pref A * Midland Util 7% prior lien.. 100 6% prior lien 100 Mountain 96 105 * $7 preferred — 4% 4 $3 conv preferred National Gas A Elec 79 5 50c % 23% Narragansett El 4% % pref....50 30 103 * 1% 85 97 106 Mountain States Power 5% preferred 8 99 17% 100 Tramways com Mountain Fuel Supply 77% 86% 8 100 Montreal 70 35% 2 81 21 100 5% preferred 3 2% 107% 86% 107% Montana Dakota Utilities % 3% 53 103 5 Monongahela L A P—See PhilaCo Monongahela St Ry—See PhilaCo Monongahela Valley Water— 7% preferred 100 Monon-West Penn P S 7% pref 15 4 20 2 20c $5 cum preferred * $6 preferred series O * $6 prior preferred * 7% prior preferred * Mexican Northern Ry com...100 23% 108 * arrear certificates * » Mississippi Rlv Pow 0% pref.100 5 100% 109 114% Francisco) 37% * _* Missouri Pow A Lt $6 pref Missouri Pub Service com 2% 7% % 102% 19% 100 Miss Power A Light 6% pref.. _* 35 110% % 30% Marcon lnt Marine Commun'y— Amer dep rets for ord shs.... £1 6% preferred Nevada-Calif Electric 100 100 Preferred 100 Lowell Electric Light 25 Luzerne n0 Gas A El $6 pref.100 $7 preferred 100 Lynn Gas A Elec Co 25 $6 preferred Nebraska Power 7% —15 111. .100 ..100 4% 3% 15% 100 Iowa Southern Utilities— Common Called for redemption, see page 5% preferred 6% preferred. 7% preferred.. 3% 2% 14% 100 29 5 Louisiana Power A Light $6 pf-* Louisv Gas A Elec com cl A * 26 * 100 Longview Bridge class A 24 * 9 32 17% 19% 23% 3 73 * 100 com 65 15% 17% 37 102% * Long Island Lighting 7% preferred A 6 % preferred B * 6%% preferred $7 preferred ser 100 * Iowa Power A Lt 7% pref...100 Iowa Pub Serv $6 pref * pre! Preferred Lone Star Gas Corp 6% preferred class A 100 Minnesota Pow A Lt 7% pref 100 $6 cum preferred 100 Mississippi Power $6 pref * $7 preferred * 108 .100 7% preferred Iowa Elec Lt A Power Co— 6% preferred A 7 % preferred C cum Lexington Wat Serv 7% oref.100 Light A Pow Securities Co * 7% preferred class A 35 62 Investing Companies. Interstate Natural Gas Interstate Power pref $7. $6 preferred Investors Telephone com Iowa Electric Co— $5 ""% 58% 5% 17 45% Preferred Mexican Utilities preferred Michigan Consol Gas Middlesex Water Middle West Corp com 15 14% "2% Internat Hydro-El Syst A Conv pref $3.50 serias Internat Ocean See 46% 12% 33 79% 95 .... 54 102% 115% 110% 96% 5% 24% 5% 65 62 101 * Common without warrants $2 Preferred 3* 45 43 7 100 6% prior preferred ..100 Mass Power A Light Associat'n— Common with warrants * 2% 12 101 100 15c" 4o% 102% Lexington Telep 6% pref 25 Market St Ry(San 100 6%% arrear certificates 7% arrear certificates 8% & 28% 100 100 104 Lawrence Gas A Elec Co Lewiston Gas Lt 5% pref 36 7c 100 6% Preferred ($6) * 95 % Federal Power A Light com...60 A Fed St A Pleasant Val—See Phila r, Co. 47 com 82% Fairm't Pk A Hadd Pass Ry—See Fall River Elec Light 25 Fall River Gas Works..; 25 Federal Light A Tr com ..15 a 66 Hudson A Manhattan 5% "4" 34 107 * Modified 5% guar,.. Certificates of deposits 3 60 3% 115% 115% 100 4 2% 25 92 49 3 1% 102 * 4%% 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 35% ...25 78 85 60 33 32 111 77 .10 32 1 Common.._ 7% 8 Company. 113 55 .* European Elec class A 115" 111 20 73 * 114 * Bridge.. Kansas Power Co 6% pref 7% preferred Kansas Power A Light— 87" Mackay Companies 4% pref.. 100 99 25 * $6 preferredErie Coach Without par value, Harrisburg See 35" 117 25 25 Foreign share ctfs International Utilities— 2 — 100 76 21 * Hamilton Bridge common Hamilton Gas common Idaho 140 71 75 10 Huntington Water 7% pref... 100 113 88 84 Illinois Iowa Power East Coast Public .Service v t c. 1 East Middlesex Street Ry .100 East Tonn Lt A Pow $6 pref * 96 * .* 4 6% preferred Common 97 80 Greenwich Water Sys 6% pf_-100 Gulf Power $6 preferred... ...* Gulf States Util $6 pref * Preferred. Co common Eastern Gas A Fuel Assoc's 6% preferred —. Holyoke Water Power 9 100 100 17 Houston Natural Gaa * Duke Power. 15 111" 75c Detroit A Canada Tunnel Detroit Int'l Bridge new * 117 27 10% 40% 88 120% 64 9% WA 95 115 115% 108 * 44 85 118 4% "I % 112% ..100 20% 52% % * Germantown Pass—See PhilaRT Gloucester Elec Lt Co— .25 Gold A Stock Telep (guar) 100 Green A Coates—See Phila R T Hartford Electric Light Hartford Gas com 105 110 19% 52% % * Preferred. 25 Havana Elec Ry com 1 6% preferred 100 Havana Elec A Util $5 pref * 6% preferred * Haverhill Elec Co 25 Haverhill Gas Light 25 Hestonviile M A F—See PhilaRT Derby Gas & Elec $7 pref Detroit Edison * 75 18 80 16% Harrisburg Gas 7% preferred. 100 Harrisburg Rys common 50 43 % 5%% preferred 100 Dallas Power & Light 7% pref 100 6% preferred _* Danbury A Bethel G A E pf...25 Dayton Pow A Lt 4 % % pref. 100 $3 preferred Georgia Power $6 preferred $5 preferred Georgia Power A Lt 6% pref 7 % pref class A 162% 106% 102% 2 1 Preferred- "1% 94 100 Cumber and Co (Maine) Power & Light 6% preferred ..100 Gen Telep Trl OorpIIIIIIIIIL20 Gen Wat Gas A Elec com .1 Green Mt Pow Corp $6 Dref—* Gas $1.25 pref.....* 26% 92 100 com v t c 50 Greenwich 31 160 1 com preferred conv fl f Q y $5.50 preferred Haekensack Water 25 * 117 32 Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Continental Gas & Electric— 7% prior preferred 100 Continen Pass Ry—See Phila R T \lH 79 116 M" 107 % ^Balt) 100 ♦ 119 49 % 100 4%% preferred-... 100 Consol Elec A Gas $6 pref......* Consumers Gas (Reading).. Consunmrs Gas (Toronto). Consumers Power $5 pref $4.60 preferred 5% preferred 100 100 Common. 44 43 Common See 9% Corp— Investing Companies. 8c * 7% preferred 1% A..* com 118 * Preferred Kansas Gas A Elec 7% pref.. 100 6% preferred » 1% 99 92 .. Kansas Elec Pow 6% pref 25 * common Gatineau Power com— * 6% preferred .....—100 5%% preferred.. 100 25 % 100 Connecticut Light & Power 5% % preferred Connecticut Power Connecticut Ry A Lighting * T * Gardner Elec Light common. 100 Bid 106 1st pref $6 series B Kansas City Pub Serv 26 common pref ser B $7 preferred $8 preferred 9% Conn Gas A Coke Sec pref.....* Essex 36 42 * 7% Preferred Ellz A Trenton RR 31 $5 prior preferred 107 Common & Florida Telephone 100 Frankfort Kentucky Nat Gas. .85 $6 104 1 Concord Elec Co 6% pref Elec Power 111 103 MS 25 7% preferred 6% preferred 8% preferred 110 Lt $7 pref— $6 100 .. Community Pub Ser com Community Water Uerv com Duquesae Nat Gas $4 preferred $5 preferred * 6 .10 First preferred 0% 6% preferred Cumberland Gas Florida Power A Par Jersey Cent Pow A Lt 7% pf.100 6% preferred 100 5%% preferred. 100 Kansas City Power A Light— 52% General Public Service Common Crescent Public Service Cuban Telep common 49 103 50% of Issue Stocks 36% 37% 40% UH 46 98 Ma n ... 57% „ * Preferred 30% % 1% 1 * * 101 115 30 54 Commonwealth Water & Light— * 63% — L— Fitch burg Gas A Elec Light. 50 Florida Power Corp 7 % pref. .100 Preferred $50 par Gandy Bridge Commonwealth Gas Commonwealth A Sou Corp com * Optional warrants $6 preferred Commonwealth Tel (Pa) 7% pf 20 Commonwealth Utility 6% % pf-* Commonwealth Water Co— 5% % preferred 100 6% preferred 7% preferred.: Community Pow & Lt 75 62 79 Ask Frankf'd A S'thwark—see Phila R Franklin Telegraph (guar)... 100 44% 113% 25% 100% 5% 75 Bid A..* com $6 preferred $6% preferred $7 preferred 103 —* __ __ Par Federal Water Service 7% preferred 100 City Water Co (Chat) pref 100 City Water (New Castle) pref.100 stocks possible for the closing day of the month preceding the date near as Ask Citizens Water Co of Wash (Pa)— Oleve Elec Ilium utility public Quotations for all securities 102% 4% 44 Ex-dividend. 115 STOCKS UTILITY PUBLIC 80 Quotations for all securities are as near as possible for the closing Par Stocks 24 34 10734 New Orleans Pub. Serv com——* 7% preferred — -* Newport Electric Corp com..-20 6% preferred -—100 Newport Water $6 preferred New Rochelle Water 7% pref 100 N Y Mutual Telegraph (guar) -.25 N Y City Omnibus common * Option warrants N * Pow & Lt Corp $6 pref * 7% preferred 100 N Y & Queens El Light A Pow— ! Ask Bid 2634 10934 27 105 45" 35 Fairm't Germantown 18 7 " 25 14 10334 113 * 10534 11434 110 Common 100 2 234 Niagara Huds >n Power ---10 1st pref $5 series.—-..—-100 28 Union 434 8434 West 34 95 56 % 7534 34 1834 5734 5634 % 7934 34 5034 334 15 17 $4 preferred * Northern Indiana Public Serv— 6% preferred-—.100 7% preferred 100 534 % preferred 100 Northern 14 Perries Gas. .25 Northern N Y Util 7% or of—100 Nor States Power (Del) ci A—.25 7% preferred —--100 5834 5934 Northeastern 116 94 34 preferred 5% preferred 3634 Public Serv of ind 24 26 3 18 6% 114 11534 9734 - 99 102 10334 107 109 11434 115 42 48 40 11534 214 6 1034 ...' * 3 1134 101 98 90 95 r 11 r 99 100 15 -.100 (gu)-_—25 25 1134 1st 25 -_2' $5 preferred —-» 10734 39 82 6% preferred Public Service— 74 2934 3334 3034 39 H 10734 8334 76 Pacific Common Pacific Telep A 0% preferred 434 1734 12334 Teleg Vallev 37 I'ow V Lt com 39 1 234 3234 Pennsylvania Edison Co— $2.80 preferred 35 31 3234 1334 65 34 15 20 — 41 64 Pennsylvania Gas common 3834 24 434 34 Class A... "134 Philadelphia Co com—-— * $5 preferred * 0% cum preferred 50 $0 cum pref ——* Allegheny Traction———50 Citizens Traction -----50 Consolidated Trac pref 50 58 58 17" 3534 134 134 99 1934 3534 134 134 2l34 90 10034 t New stock, P' 9° of United Lt <fe Pr Common B 6% cum " * Haven 1111* A com » * pref" 1st * * """♦ uJl^PuWIcierVfcioOTi::-10? United Pub Util 10034 134 1034 120 134 1134 107 * i I * 3 • common!III10 United Utility Co Utah Power & Light— 10 preferred * ----- I Utilities Power A 134 A__ com B common $2.75 preferred $3 preferred $7 preferred 108 112 uiass # Light— 1434 734 rT>nH cura Prefen*ed..--_100 2ltl"t,0s Stock A Bond Corp.—.1 Virginia Electric A Power— 114 100.T 100 x lOO.r lOO.r 100,x 92 95 103 106 108 124 150 $6 preferred » Virginia Pub Senr 7% pref—100 6% preferred 100 Washington (D O) Gas Llght^Common • 109 ,_434 % cony « 115 * 60 1 —• -100 * 100 Preferred & Electric—-—25 $7 preferred South Bay Consol -100 Wat 0% pf-100 El A Gas 7 % pr. -100 South Carolina Power 6% pref..* South Pittsburgh Water— Sou Caroli na 1134 1234 Wash (D O) Ry A El 5% preferred 127 2354 103 34 preterredllllllfoo !g,oc 7% "ref 110 1034 10" 710 113 34 100 com 100 Partic units 15c Washington Wat Pow 6% 63 West Ohio Gas — lis* "p'refll ♦ com — West Penn Elec Co class 8 13 16 234 1 834 1334 99 2134 115 16 10134 3 55 9034 preferred 100 Telephone com—* 23 11634 16 34 10234 A—II"* cum cum preferred preferred 7934 West Penn Power Co com__ West Texas Utilities $0 pref West Va Water Serv 0% pref.. 92" 12 14 2234 25 15"" 60 "lOO 100 Wheeling Bridge Wheeling Elec 6% pref. Wllliamsport Water pref. Winnipeg Elec class A Wisconsin Electric 6% pret (1897 series) 2934 2934 Common 2934 2934 434% preferred 6% cum oreferred — Southern Calif Water pref Southern Canada Power 2134 115 3034 shownln 3234 118 3134 45 25 34 35 25 25 34 25% 2634 * 10 11 25 Preferred 100 Southern Indiana Gas & Elec— 4.8% cum preferred .-.--100 Southern Nat Gas com 734 Southern Col Pow com the reorganization plan, Ex-dividend. A_— a 134 A 63 72 • ll35 9 I 100 112 20 10 IIIIIIIIlOO 99 40 Wise H vdm-Eiec 6% pref Wise Michigan Pow 4 34 % 100 pf.100 Wisconsin Pow & Lt 6% pref. 100 7% preferred loo Wisconsin Pub Ser Corp 7% pflOO 6 34% preferred ... 100 Wolverine Power Co. 5 Assoc.IIIIII"* Railways pref ~50 101 108 111 109 104 Worcester Trans York (Pa) 100 3i 163 116 1.05 "lOO Power—"" 18 Co— 113 102 1.05 "♦ * 13"" Preferred 27 34 46 1834 100 ♦ Class B 16 preferred———...25 2934 » 27 34 0% preferred series 100 75c 27 Western Pub Serv $1.50 pref.II"* Western Union Telegraph-100 Southern A Atlantic Original 10034 1 Preferred ——25 Western Massachusetts Ooilll.* Vestern N Y Water pref * South Calif Edison Southern Ca'if Gas 2634 11634 * Lt A Tel com. 83 60* 101 ♦ 34 3 Teleg (gu)-25 common—25 534 % preferred series C__—25 0% preferred series B— 25 109 100 100 - Westmoreland Water pref-. 5 115 25 7% 6% Western 115 105 6% preferred 43 15* 234 -—100 Common 10134 1834' York Water Co while saleable, the price would be based upon Called for redemption; see page 111. / Flat price, J Trading discontinued lu these Issues, and x " 116 .10 Y) * Phlla R T * Shawinigan Water A Power * Shenango Valley Water pref 100 Sierra Pac Elec 0% pref.-—100 Sierra Pacific Pow common » 7 % 3 13 Without par value, . 100 Shasta Water Co Sioux City Gas 1034 55 Southeastern 77 Philadelphia Elec Co com—-—*| $5 preferred— —* Phila Elec Power 8% pref 25 * % Co— 6% preferred 11534 and the consol. 3-6 % bands as CorpOQ ^60 PhlU " T 2d A 3d Sts Ry—See Duquesne Light 5% 1st pref 100 Federal St & Pleasant Val—25 Monongahela Lt A Pow 50 Monongahela St Ry— 50 Phila A Darby—See Phlla R T Phila A Grays—See Phlla R T dian price. 3334 82 10734 i°o* 934 30 Joseph Ry Lt A Pr 5% pf-,100 St Joseph Water 6% pref—-100 St Louis County Water oref..100 St Louis Public Serv class A 1 San Antonio Public Service— 6% preferred 100 San Diego Gas & Elec Co— 104 9 -IIZio in com $7 non-voting pref. Warrants 34 St 10934 1034 * 2 2534 115 114 ♦ - United Gas Improvement $5 preferred 75 114 1st $5 preferred 2d $5 preferred Second Ave RR Cop (N 15 Phila City Pass—See Phlla R T 734 3234 oref 10U common-—„.* Power 10 112 113 Peoples Water A Gas $0 pref__10i Peoria Water Works 7% pref-101 } 2534 84 34 934 1934 Rochester Telep $6 34 11034 5634 5634 :f 113 105 Seattle Gas common 102 134 2434 $3 cum preferred.—I Warrants 11134 IAi.1 102 Scrip. . (Canada).I"" a* U uUed 110 105 6% preferred 634% preferred 7% preferred 734% preferred. 8% preferred Scrauton Electric $6 pref Scranton-Spring Brook Water Service 0% pref-Scranton Transit common 107 107 109 9934 7% preferred 113 10134 70 104 10834 $5 preferred i>2n# 100 Savannah Elec & Power 109 Blootrtc.pi of Miiom-00 5 % preferred Preferred preferred series E 10534 _ 124 10334 111 Pennsylvania Telephone Co— $2.50 preferred ... Pennsylvania Water & Power-.. 143 33 7'?rr!H,RaP Transit (Mlnn)..» u"'°a Union Gas 100 100 A 5 30 lis _ Electric— preferred series O 0% preferred series D 109 $6 preferred.. $5 preferred 34 Rochester Gas A Light & }5th S ts—8ee Phlla ~R T Totems• 0Wer 6%J,ref 100 ♦ TMo 47 10834 10034 190 Pass—See Phila R T Gas v t c 1 Riverside Traction.. 50 Preferred 50 Rochester Transit 10434 434 106 ve Rockland 3 114"" inn 107 160 Rio Grande Valley 6% 534 1 25 103 Third Avenue Ry (NT Y) 90 114 140 6 10434 10934 834 12134 10834 . Ridge A 103 6 3334 15534 Rapid Transit St Ry Co—100 Public Serv of Okla 0% pref--100 7% preterred 100 Public Serv El A G $5 pref * Puget Souud Pr A Lt $0 pref— $5 prior preferred * Quebec Power rommon * Queens Borough G & E 6% pf 100 Kapid Transit Ry—8ee P 8 Corp Republic Nat Gas 2 Rhine-Westphalia Electric PowAmer shares representing com Rhode Isld Pub Serv $2 pref 27*$ Class A —5o New common w i Line Oommou Pecos 20 12534 150 ... Panhandle Eastern Pipe 5 98 --* Corp of N J * 8% preferred J 00 7% preferred 100 0% preferred 100 $5 preferred * Consolidated Trac of N J--100 100 534 * 9234 45 34 10634 pref- 84 98 I" • °^er Corp common e-7orS 98 90 Public Service 18 2934 3234 2934 preferred (6%) 1st preferred (5Hi%) Pacific Lighting Corp com 50 112 35c 100 Preferred Pacific A Atlantic Te! Pacific Gas & Electric 1934 110 100 8% conv preferred A_. Oregon Wash Water pref.. Ottawa Light Heat & Power 104 19 4834 $5.50 con v.prior pref * Omaha & Council Bluffs Ry— & Bridge Co 4% pref 100 Omaha & Council Bluffs St Ry Co 5% preferred Omnibus Corp common 11734 102 100 Public Serv Co of N H $0 $5 preferred 107" «. 85 11234 10434 100 100 $7 prior pref..* $0 preferred— 334 10634 11334 Okla Nat Gas Corp com-... —15 $3 preferred --——50 _ Public Elec Light 0% pref 100 Public Serv of Colo 7% pref--100 15 88 - Te*as Hydro Electric—'" *3.50 preferred 70 834 * 80 9234 3434 A com Elec 7% pref 100 534 27 116 74 60 56 60 Providence Gas Co 55 114 25c 115 113 50 1334 2634 ""inn """""""ion reS&fryr«Vr"eK:::i88 114 25 preferred 86 105 cofe.'T!d:;-102 Tamj 7% preferred Tampa Gas, 7% prof 534 1053* 11434 - 50 234 4 34 Power Corp of Canada com__ 186 preferred 72 77 Ohio Water Service 0% 68 8734 100 234 44 5 114 AA 99 55 IwaciM?Tran3t6^ "DVOOOO'Fcs 73 7634 79 <m Ry & pow oe";;::;;:;-. Bridge— 4 11134 First ^x?ap,d Transit St Ry"50 Tacony-Palmyra 69 5 4 % Potts ville Water Co 84 34 --""ZIZZZ" ' ^l0prreT^Lteht&P<>-^ 2 134 pref--100 100 Elec Pow 0% pref—100 preferred 100 7% preferred ion 10 — 42 Non-cum preferred western Oklahoma Gas A 100 100 — 1534 134 1634 334 1334 34 34 2034 2134 * & Lt com—----1 B Preferred 95 91 1 Potomac Edison Co0% Potomac 4034 10234 f.i;. 103 85 Units 3834 System—f 114 Telegraph (guar) 50 NY PA NJ Utilities $3 pref * Ogden Corp common — 4 Ohio Cities Water preferred * Ohio Edison $6 pref * $7 preferred * Ohio Power 6% pref 100 Ohio Public Service 5% pref-100 534% 1st preferred --100 ti% preferred —100 7% preferred 100 Ohio 8ervlce Holding com 1 5% preferred5 134 334 100 preferred Portland RR 5% stock $6 43 c°M 134 434 pref 100 50 •-* Portland Gas A Coke 7% Portland Gas Light * 43 113 2 1 * a.56 .cum prior pref 334 * Portland Elec Pow 0% pref Postal Telegraph Common Standard Gas A EIto com—I" $7 cum prior pref.__ $4 cum preferred 60 42 10734 104 1434 SppS^<Mass) st **^2 60 Ii~" 95 105 ^ssssa^svss^-S 1334 60 20 jf 102 134 20 Philippine Long Dist Tel 100 Pittsburgh Suburban Water— $5.50 preferred -100 Plainfiel.t Union Water * 101 41 preferred— --100 (Minn) $5 series cum pref * Northwest Electric 7% pref—100 North West Util 7% pref--—100 7% prior lien 100 N'western l'ub Serv 6% pref.100 7% preferred 4 108 105 6% S 5034 105 ta* * T R Phila Traction—See llj ioe 100 10 50 6% pf—100 7% prior preferred 50 -—100 Co (Del) 10 Wat & Elec com..* Preferred North Texas Phila "pref 37 . 21* 1134 10 38 Pass guar Participating preferred 100 1834 5634 Phila - 8 pd)_50 ($1734 Phila Transportation CoCommon hi warrants.. —. warrants Norristown Water Co 50 North American Co 10 6% preferred series 50 534% preferred —50 North American Light A Power. -1 $6 preferred * North Amer Utility Securities—* North Boston Ltg Prop com----* Traction Phila Suburban Wat 70 69 series--———100 2d pref 5% Class A option Olasu B option 10834 Common Southwestern OAE 5% 12 ...50 2d A 3d Sts Ry guar 13th A 15th Sts Pass Ry_ —50 Union Pass ($30 5-0 pd). .—50 62 59 10734 2734 434 8434 234 1834 * ""25 preCr 26 PhilaCityPass Ry($22 34 pd)-60 Phila A Darby Pass Ry 50 Phil & Gray's Fy ($25 pd)---50 Philadelphia Traction 50 Ridge Ave Pass ($28 pd) —50 120 6% preferred-* N Y Railways pref N Y & Richmond Gas 6% pref100 N Y State El & Gas 534 % pfd-100 N Y Water Serv 6% pref 100 15 50 50 Ask 163 £on8°Hdated~Corp"_ l 47 Preferred Bid 160 Southwest Gas (Okla) 7% DreflftO 9outhw«.t Nat Ga. ffl in 90 50 pd) 50 Passenger Green & Coates Sts ($15 Hestonville M A F com Southern New Eng Telep Southern Union Gas com. A preferred 25 Haddington.-50 Pk A 4 3 Par 100 Stocks 134 70 Frandf'd A Southwark Pass .50 20 15 2434 % ^Philadelphia Rapid Transit--50 7% preferred 50 Citizens Passenger guar 50 Continen Pass Ry ($29 pd)-50 preceding the date of issue Ask Bid Par Stocks day of the month 18 cn 1,11111110 2634 Phlla. Trans. Corp. preferred stock k Last sale, n Nominal, r Cana¬ Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities*" In the case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICE—All bond prices are Quotations for all securities Bonds Bid "and interest" except where marked "f" and income and defaulted bonds Bonds Ask INDUSTRIAL AND Serial debentures 45% 46% Certificates of deposit Acadia Sugar Kef 4%s 1955.A&O 42 44 67 69 General 6s 1954— A&O 16 Adams Express— See Investing companies 66 69 Aeolian Co 6s 1944 J&J 62 Akron i lines-i ress 1st 6s '46 A&O Alabama By-Prod 6s 1955 J&J Alabama Mills 6s (w-s) 1953.J&D Without stook J&D 6s 64 1st M roll tr 6s 1948 95 1948 1955.. Alberta Pacific Grain 6s 1946 J&J Algoma Steel Corp Ltd— Conv 5s A 1948 ser H »stoi» 40 Allied Si's (:orp deb 4 %s *50. A&« Debenture 4Kb 1951 F&A s f deb 4s '52.M&S A llis-Cha liners Alpine Moutan Steel Corp— 1st s f 78 1955 M&S Amer Airlines deb 4Mb 1941-J&J Auier Dept St's (Pa; 4s '48.-J&D Amcr Dept Sfs (DeB 6s '47 J&D Amer Fruit Growers 5s 1950-F&A American I g Cheui Corp—■ See 58% 57% 30 65 71 100% 99 % 107 % 15 67" 1956 103% 1st M&S Arcade Mall Iron 7s 1943. _M&N f Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955.F&A 1st mtge 4a series O 1957..J&J Arnold Print Works— 1st 5s Feb I 1952., A&O Arundel Bond Arundel LDb Corp 3-5s Dec 1 *53 Corp4-6s Dec 1 '53. Associated Mtge Co 3-6s Dec 1 '63 Atlanta Laundries— Atlantic Ice & Coal 6s 1951.J&D Atlantic Ice Mfg 6s ly45 4% notes 22 31 Bldg 1st 5s stamped 1960 A&O By ere Machine 3-6s 1946 Byrndum Corp ext to Jan 15 1942 Calaveras Timber 1st 6s '38-M&N f California Consumers Corp— 59 25 95 60% 86" 35 105 24 27 71 1st lien 3 5s 1955 J&D Calif Cooperative Creamery— 1st 8 f 6s 1948 A&O Debs f6%sguar 1943 A&O Calif Cotton Ml!ls 1st 6s '40.J&J 24% 25% 104% 33 78 95 13 14 28 % 10 30% 13 103 % 103% 76 77 85 50 48% 50% 72% 92% J&J 75 94 107" 34 103 100% 97 M&S f 116 % 104 100% 117% 70 Estates— 41 J&D F&A Battle Creek Sanitarium— 1st s f 4 %s A 1954.... 99 % J&J 45 Bausb Mach Tool ext 5b '41.M&S Bay way Fermlnal 2nd inc 6a '57Beaver Mills 1st 6a 1950 J&J 45 Bedford Pulp & Paper 6US ly-iZ. Beech rrckC & C 5s 1944..J&D Beudlx Home Appliances— 44 92 99 conv Porch debs 1944 6s 1998 Steel Corp— money Bethlehem M&N Q-Feb 4%*to 1941 J&J 15-yr ■ f conv 3 % • debs '52 A&O Cons mtge 3 %s 8er F 1959. J&J Cons mtge 3s ser G 1960..F&A Cons mtge 3 Josser H '65.-F&A Serial debentures-— 0.60% 1.00% 1.25% 1.50% 1 75% 2.00% a due due due due J&D J&D Mar Mar Mar Mar 1 1941. 1 1942. 1 1943. 1 1944., due Mar 1 1945. due Mar 1 1946. 19 49 97 99 99 r 68% 65 .J&J inc 7s 1941 Lumber 6s 1945 75% 53 83% 52 32 34 84 86% F&A / 6 roil v CODsoiMai j v ,, i '/ no 5s i 953 lun 1 Co ohI 3 10 44 97 83 1941—.A&O/ 98 85 48% Foundry Co— mtge 5s 1941 M&S Central Iron & Coal 6s 1938.F&A / Central Ky Term & Cold Storage 88% 23 25% A&O 10 107%, 80% Sugar 7 %s 1939...M&S 5 89 4%safdeb 50('38 issue).M&S Ohateaugay Ore & Iron — 81% 95 96 O lampion Bap Corp 6s '45..F&A Champion Paper & Fibre Co— 4 %s a f deb "50('35 Issue).M&S 91 Guar 83% crold 153 102 J104 % ex-w 5s with stock 1937 100% 100% 100 % 100 % 101 106% 103% 88 1937..M&N / M&N / 15 104 106% 103% Chic Grain Corp 3-5s 1952..A&O Chic Molded Prod 5s 1949 A&O 28 105 Chicago 104% 90 Produce District inc 5s (w-s) *48—F&A Chicago Stk Yards 5s 1961.A&O cum 1968 .J&D G'tles Service Asphalt 5s 52.A&N City Ice (KansaO 6s 1940—A&O/ City Savings Bank of Budapest 7b 1953— —F&A / b Basis. 30 92 117 102 Childs Co deb 5s 1943. A&O Chilean Nitrate & Iodine Sales Corp Inc 5s 105% 17 85 Conv deb 2%s 1948 J&D Continental Roll & steel Fdy— f 6s 1940 a 104% Coplay Cement Mfg 6s *41..A&O Cosden Petroleum conv 5s *47 J&J Cosgrove Meehan Coal 6%s 1945 99% 92 56 5 59" 102 ,^8™ f deb IQ51 J&D Foncler 102% 6 Franco-Oanad— 5% Credit Service—See 61 M&S Investing Cos 5 %s 1946—M&N Crown Cork & Seal Co inc— 15-yr 4s s f Nov I 1950..M&N Crowley Mllner 72 105% 103% 104% 47% 97% 4 %s 1948—"—J&J Touaeco 6s 1944 J&D Cudahy Packing 3%s A '55.M&S s f deb 4s 1950 Cumberland Ry & Coal 5s 1940 Curtis Pub deb 3s 92 M&S A&O r 1955—Ha&O Detroit City Ice & Fuel— 4s w w 1948 ...F&A Detroit Garages 5~%~s~Mar 52 93 100% 8ZH 96 94 92 92 101 103 100 24 25 j 40 41 f 44 f 34 38 85% 43% 87 17% 11% 22 50 Ken ten bank— s 104% 93 1948— , Detroit Har Term 1st 6s 19 '50.M&S f Detroit Times 6s 1940 to '43"m&S i 100 to Farm Ln 76 105% 103% 101 Davidson Biscuit 5 %s A '45 A&O Davidson-Boutell 5s 1946 J&D De Bardeleben Cod Corp— 1st cum inc 5s 1957-Ann April Deep• Rock Oii 7s 1937 stmp M<cS Deerfield Glassine 1st 5s Mar '50. Defiance Paper 6s 1939 J&D Delaware Floor iYoducts— 2nd income 6s Mar 1946 64 100 100 Dairyland League— Certifs 6s May 1 1944.. Certifs 5s May 1 1945.. Certifs 5s May 1 1946 Certifs 5s May 1 1947. Certifs 5s May 1 1948—1—" Certifs 5s May 1 1949 Certifs 5s May 1 1950.1 f 6s Oct 15'60 A&015 97% Series B____ Dickey (W S) Clay MfgOo" Cum inc 5s (ex-stk) Nov I 1949 Dickinson (Alb't) 6%s 1935.J&D f Distribution Term YVarehouse— 96% — 12" 5s 1956 a&O Doin Coal 1st 4 %s ser A *52.A&O Serial 3 %s 31 70 72 1910-1913 A&O Dominion Steel & Goal 6%s 1955. Dominion Tar & Chemical Co - 69% 72 Deb4%s ser A 1951 M&N Dom Woolens & Wore 6s *53.J&J Donnacoua Bap 4-4 %s '56..F&A 68 59 1947—-J&J DowOhem Co deb 3s 1951—J&D 2%s debentures 1950 M&S Seriil debentures— 0.35% Sept 1 1941 0.65% Sept 1 1942 0.90% Sept 1 1943 1.15% Sept 1 1944 1.40% Sept 1 1945 1.60% Sept 1 1946 1.75% Sept 1 1947 1.90% Sept 1 1948 x2.00% Sept 1 1949 2.05% Sept 1 1950 Dryden Paper 6s 1949 Dufferin Paving & Stone— DebSsseries A 1955 103 100% 100% 101 101 101 101 101 1-01 F&A 65 67 ..Jan 40 44 50 60 Eastern Car Co Eastern Corp 5s 1953 59 103% 100 100 4 %8 conv debs 1949 M&S Earl Fruit 1st s f 5%s 1947—M&N 6s 56% 57 al02% Du Mont (Allen B) Laboratories— 2%-5s 1949 M&N f Durham Duplex Raxor 6s 1955 Durez Plastics & Chem— Ltd 70 60 55 notes 60 /This price includes accrued interest, 105% 98% J&D . 63 64 _ 34% 40 7 Corp 3-5s'53. 57 60 7 12 14 33% , "7" 6 68% „ 15 Chesap ke-<)ampCorp4%S*47J&J Chicago Daily News— 3%s 8 f debs 1950 .A&O 1st 100 ....J&J 107 101 107% 105K 1942 Cheney Bros 5s 151% D 104% 102% 7 6 10% j&j Cont'J Invest Bond Oont 1 Invest 10-yr 5%% 1941..YfStN 106% 46% 99 67% 61% 6s 1948.... Credit 106 45 — Sink fund 5s July Deutsche Gen 8s 84% 50 Oelotex Corp— Debenture 4 %s w w 1947.F&A Central Coal & Coke— Non-cum inc 4s B 2l" Oespedes 76% 51 conv 4 %s 1948 A&O Carthage Marble Corp— 1st s f 6 %s A 1942 M&S f 1st n-c income 5s Apr 1951 * Oasaco Corp Inr 6s 1949 M&S Celanese Corp of America— 3s debentures 1955 F&A 1st 71 Steamship— Corp Steel 69 69 25-yr guar 5s 1965 M&S Can Pow & Pap Inv 5s 1958.F&A Canadian Viekers 6s Aug 1 1947Carribean Sugar— Central 67 67% Oertaln-teed Prod 5%s 1948 M&S 28 Called for redemption, see page 111. 100 1st & gen 5s 1957 J&J Canadian Bakeries 6%s '45.M&S Canadian Canners Ltd 4s'5IM&N Canadian International Paper—• 6%s 1952 fily & via 5s *44.A&O Bet ileheni Steel Co— 10 72 Central Bet'ilelieui 103% 68 1942-1945 im.,, 94 75 M&N / Consolidated Warehouses Inc— 1st non-cum inc 6s 1947—.J&J / Conv 70 Carlisle M&N 1947--...J&J 85 65 Canadian National Ross 4s 1945 Bates Valve Bag 6s 1942.. 6% deposit.1942'/ Can Locomotive 6s July 1953--.. 55 Locomotive Works— 6s Cum Cuban Canada Bread 6s 1941 F& v Can Cement 1st 4 %<serA'51 M&N Canada Paper Co 3s 1941-— J&D 3%s Uho a '.ij» iOfll *J dob 102 102% 4 %s 1952 Canada SS Lines— 92 97 Cru cible Steel 4%s A 1948..F&A Tn * /Jja A iuto.aif ttA 102% a 124 5 Barber & a Campbell River Tlmb 6s 41.J&J Campbell Transportation CoEquip trust 4%s to 1946-.M&S Equip trust 4s to 1951 J&J 40 Mtge 6s 1950 J&J j Certificates of 1 Inc deb ..... 70 101% 101% _ — Bait Steam Packet 5a 1942..F&A 32 A&O Oa maguey Sugar— 30 Cum — 1 1st M conv 15 78 Calif Dairies deb 6_%s 1942.M&N a 101 Calif Group Corp 5 %■ 1956 M&NI Carrier Baragua Sugar 1955. 98 Consol Pa^er Corp 5%s 1961.J&J Consol Press 6%s 1949 J&D r Consul I.-xmih i si s* i94| Ja.D|/ Certificates of deposit— 42 1952 h 81% 37% Continental Oil— 102% 39% 95 103% 102% 100% 101% M&N 1946 1st 4s Cons g 5s Jan 66 104 E to 1941-..M&N F 1 »u 10b" 64% O 1946 J&D Consolidated Cement Corp— Cum uie 6s 1950 F&A Cum I no <S°7r notes 10«>0 Fv \ Deb Corp 4-6s *53. 70 69 ..... 42 43% 102 w'47J&D 36 66 66 w 100 42% Term 100 W ithout warrants 97 Bush 9 95 % 68% ser 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945.M&N Gen conv 6s 1950-.. M&N Baldwin 1948 f ds 1943.F&a s „ Jonsol ~r% 66 Income ,5s 1970 ...An Apr Columbia River Packers Assn— Income deb 2s Oct 1950. Columbia River Paper Mills— 6s to 1948 a&O Cum inc 5s April 1967 Commercial Mackay Corp—See Public Utility Bonds Connor Lumb & Land 6s '41 M&N Consol Biscuit 1st 5%s B '46 M&S • % 105% 80% J&J 1 I960—J&J Consumers Co (111) 5s 1956..J&J Consumers Rock & Gravel Burmeister & Wain (Copenhagen) 15-yr s f extl 6s 1940 J&J / Burns Bros deb 5a A 1961..M&S Burns & Co Ltd 1st s f 5s 1958 J&J 1x8 85 ser 4% notes 55" Cum Avery (B F) & Sons 5s 102% 98 98 60 4 5*8 1939 7a ext 1947 94 M&N 100 106 Co B 39% 38 98 Newspa 5s '45-A&O series 53 42" 14 37 % 36 J&J F&A Conv deb M&S Hill Fails Co 6s 1959.M&N Budd (EG) Mfg 6s ext 1941. F&A Buffalo Gen Laundr 6%s *41 .J&D Atlantic Refg 3s debs 1953..M&S Atl Sug Kef 1st sf 4s 1951-.M&N Atlas Imperial Diesel Engiue— Autocar B 1st M 6s 1949 1st lien 4s 1952 ...J&J Atl Uult & W Indies SS Lines— ColJ tr g 5s Jan 1 1959 J&J Auburn Automobile ser 51 Buck 44% 51 Antilla Sugar Estates- 5s. 1955 5%s 1950 iron & 1954 s Consol Indus (111) 5s 1958—M&S Bullock's Inc (Los Angeles)— ... Income deb 6b 1951 (w-a)__J&J f A-N Y & B-NY Realisation— 66 Brown Coal Indu» 6%a '53..A&O/ Brown Co 1st 5%s 1946 A&O ~ 25 Nitrate— 4%-5s 1967 J&J f Animal Trap 6s Aug 11946 Anthony (E C)— 1st s f 6s (San Fran) 1942 J&D 1st. s f 6s (Los Ang) 1942.-J&D 28% 63 107% Writing Paper Co— S fine deb 27 50% American Type Founders Inc— 4%s 1950.-A&O 62 63 60 37 114 Dons 60% 60 „ Bowser (S F> 7s 1944 Brandram Henderson 6a '56. J&D 1st 68 103 F&^ A&O Sink tund aet> 101 J&J .M&N Bryant Paper 6s A 1942 Am Tobacco deb 4s 1951 Debenture 6s 1944 Anglo-Chilean 1968 Brush-Moore 18 7 Ap- f A&O 60 J&J M&S Rubber— 2d mtge Inc 7s Jan 1 1943.M&S/ Anacouua Gopper Alining c'o-r 10! I 60 American Nat Co (Ohio)— Extended 6s stpd 1943 Am Silica-Sand 6a 1951 Ann Is Brown Pap Co ext 4%s *41.A&O Bruck Silk M Ltd 6%s '45.M&N 43 1961 Amm-Holden Tire & 5s 1st 96 Conv 6a l*| 46 —..J&D American Wn;ir| Bklyn Serv Station 5%s *46. J&D 73 - Coul s f deb 2%-5s 1950---J&J Am Wire Fabrics 1st 7s '42..M&S 10 100 400 Am Lime & Stone 5%s '51---M&S Am Mach & Metals 4s 1943.-J&J notes 56 7 102% Investing Companies 6%% 48 / Brit Col Packers 5s 1953 J&D British Columbia Pulp & Paper— 1st 6s 1950 M&N Gen s f 7s 1950 M&N Corp— Amer La France & Foamite— Colo Fuei 99% 102% Pulp & Paper Mills 1st 4%s '68...J&J . M&N 99 88 50 Co, Ltd— Gen mtge 6s w 101% 101% Ask 87 M&N Engineering 5s 1946.A&0 «« 1954—M&S / S 8°ion«mi S Colonial Bo water's Newfoundland 45 f 101 % 101% F&A 20 M&N t onv deb 5%s 1949 American International 1941-1912 32 A&o A&O Climax (Concluded)— due due due due Bloomington Limestone Corp— 4s April 1953 (units) 100 Bid Cleve Tractor conv 5s 1945 Mar 1 1947 Mar 1 1948 Mar 1 1949 Mar 1 1950 Blaw-Kn >x<'o 1st M3%s'50F&A Blethen Corp (Seattle)— 6%s 1947 J&J 2.15% 2.30% 2.45% 2.60% Albany Pert Wrapping Corp— w w Bonds Ask Bloedel Donovan Lumber Mills 95 Agar Packg & Prov 5s 1945-J&D 6s assented Bid Bethlehem Steel Corp— MISCELLANEOUS BONDS Abitibi Power & Paper— 1st M 5s 1953 ser A J&D 68 possible for the closing day of the month preceding the date of Issue are as near as 1952. J&J J&D 58 106 iwo 79 r 107% 84 104 90 Eastern Cuba Sug 7 %s '37.M&S 92" 40 Eastern Dairies 6s 1949 M&N Eastern Mfg 7s ser A 1938.-J&D 40% 47% 105 k Last sale, n Nominal, r 46 Canadian funds. MISCELLANEOUS BONDS & INDUSTRIAL 83 NOTICE—All bond prices are "and interest" except where marked "f" and Income and defaulted Quotations for all securities are as near as possible for the closing day of the month preceding tbe date of Racing Assn 6s 1945- Eastern 107 75 Eljer Company 5s 1951 Corp— f 4s 1956 Conv 70 67 105 A 1952-F&A / — Elk Horn Coal s .... Empire Sheet A Tin Plate— 1st conv s f 6s 1943 63 A&O 66 62 Emporium Capweli Corp— J&J J&J Ernesto Breda 7s 1954--- --F&.A European Mtge & Invest Co— 1st lien 7%s 1966 ser B—F&A 1st 4s 105 1952 notes 1942 4% / / / M&S / 18% 4 18% 4 O 1st lien 7s 1967 ser 42% 39% ----- 1966 7 As income 102 - 7s Income 1967—-————- / Everlastik Inc 1st 7s 1937-M&N Fairbanks Morse & Co— 50 r 104% 20-year 4s s f deb 1956-—J&D Falstaff Brew deb 5s 1947--J&D - - - 105% 1947—M&S Federal Screw Wks conv 6 %s 39 1st s f 5s 1949—————M&S Filtrol Co of Calif 5s 1946-- J&D Finance Co of Amer at Baltimore 4% notes Firestone T & Rub 67% 80 MIIUJVU I" i 49 67% 69% 92 97 102 Mtge Bank— 35% 104% 3 As 48—A&O Works— 48 104% 15 f America Inc— 6%% notes 1946-i 9 30 30 31% 72 76 35% 40 Follansbee Bros 5s 1947—, -"2.-% / Fontenelle Brew 5s ww 1947-J&J Francisco Sugar 6s 1956—.M&N Franklin Co Coal Co 7s w s'49 J&J Franklin Deb Corp 4-6s'63-J&D Fraser Co 6s Jan 1 1950—--J&J French Nat Mail SS Lines 6s 52 Frick (H O) Coke 5s to 1944-J&J Gair (ltobt) income notet- 6s 1972 / Galveston Wharf Ref 5 As series Ref 5 As series 32 1st mtge s 56 52 69" 67 35 110 71" 67 Co— A 1951 J&D B 1954—-J&J 99 99 Geb GAS ... ^ — — M&N / Hey wood-Wakefield 5s 1946 J&D Hightstown Rug 6%s w w 1044 Hill Mfg Co ext 6s 1945 M&N Hines Laud & Timber 6s '48..J&J Hoberg Paper Mills 5s 1946 -J&J Hoe (R) & Co 5-7s 1944 w s A&G 4 A O As 1st mtgfc 1944—A&O Holland-Amer Line 6s '47—M&N 80 Companies. 60 72 81 82% 66 68 Wares— 4Mb ser A 1952-----——-A&O Georgia Marine is* 6s 1950.M&N Gerlack-Barklow Co 6s 1950-F&A 4 %s s f 91 Grand Rapids Cum inc 7s Grand Rapids 6s extended debs 1954 _ Hudson River Day Line— 5 f 1st mtge 6s 1946 90 105% 85 81 Griess-Pfleger 99 101 Cum income l-5s 25 71 40" 58" 104% 49 66 _ S a Called for redemption, Quoted in guilders. Bee page 111, 98% • - 99% 40 27 7s without warrants 1941 _M&N / Maple Leaf Milling—3-5 %s 1958, .J&D 94 20 46 48 McCoid Rad & Mfg— 83 105% "3% 90 83 Met Joll FronteuacOil— 1st & coll 4 As A 1949 69 105% 106 70 60% 63% 67% 104% A&O 6s stamped 1948 F&A McCormicks, Ltd, 4s 1952..-J&J McOrory Stores Oorp— 3%s s f debs 1955 A&O 104% McRosson & Bobbins inc— 99% 20-yr r->nv deb 5%s 1950.M&N / 98% Mead (The) Corp— 1st mtge 4%s 1955 M&S 106% Medusa Portland Cement— 89% 99 1st conv 4-5%s to 1945 Memphis Commercial— 71% 89 2 1% 9 1% 9 "2" 65 63 .A&O 102% Appeal 4%s 1952 M&S Meugel Oo conv 4 Ha 1947—M&S 100% 94% 100 101 96 Merchants Dispatch— Eq tr 5s 1941-1942 Eq tr 4%s 1941-1945 Eq tr 2%s 1940-1946 J&D J&D 6 A&O 1 1.60 1.20% 2.00 1.50% 1.70% 2.10 Merchants Distilling Oorp— 102% 102% 102% 60 57 50 15 12 J&D 57 - 96 100% 40 97 Inc— 11 14 11 102 A 100 100 42 104 M&S 410 50 Merchants Ice & Cold Storage— 1st 6%s 1943-49 A&O 75 80 5% !-»> O O ttoote 1—1 conv deb 1947 50 Mercury Mills Ltd 5%s '53.M&N 67 Mersey Paper Ltd 5s 1957—J&D Gen s f 6s ser A 1949— 66 M&S 88 Messenger Corp deb 4 Ha '51 J&J 55 Metropolitan Ice 7s 1954 J&J Mlag Mill Mach'y 7s 1956-J&D 15% 98 Middle States Petrol 6%s 1945.. Miller & Hart Inc. deb 6s '43 J&J 56% Miller & Lux Inc 1st M 6s '45A&0 a 102% Milton Mfg Co 6s 1952 65 M&N Minnesota & Ontario Paper Co— 1st 68 series A 1935 A&O / 36% 60 1st 6s series A 1945 A&O / 36% 1st 6s series B 1948 J&J / 36% 1st 6s series C 1950 M&N / 36% 9 5-yr 6% notes 1931 M&S/ 100% Missionary Sisters (Waukegan, 48 99% 111) 1st ref 3%-4s 1951 —-A&O 93 Mohawk Rubber ext 5s 1948 A&O 47 Moirs Ltd 1st s f 6s 1953 J&J Molybdenum Oorp of Amer— 17% 6% notes 1942 J&D 99 Monon Coal—See Chic Ind & L Ry. Monong Riv Cons Coal & Coke— 103 1st 6s 1949 —A&O 127 102 Monroe Coal Mining 6s'47--F&A 96% Montreal Cotton deb 5s '43 .M&N r 103 Montreal Dry Docks 6s '48-F&A 45 Morris Plan Corp— 63 69" 61 68 99 37% 37% 37% 37% 10 48% 102 35 See Investing Companies 1st 6s 1940-1949 r-g-M&N Kingston Elevator 1st 6s 50 M&N Knudsen Cream'y 5%s '50-M&N Koehring Oo (Milw) 5s 1945. J&J Koholyt Corp 6%s 1943 M&S Koppers Co 4s 1951 M&N Kresge Foundation— 10-yr 3s coll trust 1950—M&S Kreuger & Toll— 5s uniform ctfs of dep 1959—— La France Textile 1st 6s '42-J&D Lake Erie Bolt & Nut— 1st 5%s 1961. Debenture 5s 1961 91 98 58" 35 Lancaster Corp 3As 25 40 1st b f 4s Feb 1 1957 M&N Manhattan Itefrig 5%s 1941-J&J Mansfeld Min & Smelting— 85% 4 62 8 J&J April 1 1946 A&O 48 20 5-6s 123% 84 48 F&A Lake St John Power & 84% 102% 86 105 Keyes Fibre Company— 70 11 123% 126 60 Iron City-Ohio River Corp— Iron City ser 6s Dec 1 '48-F&A 6s 104" 81 - Keith (B K) Corp 6s 1946-—M&S Kelsey Hayes Wh'l 1st 6s '48.J&J 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 3%-6%s 1945 J&D Keokee Cons Coke 5s 1959--J&J 98" 104 103 A 21 83 6s Ctfs of dep w w stpd 36 129 83 105% / 1943— stamped (par $925) 1943 with warr (par $925) 1943-_ 104 123% 56 1941—A&O 1952—J&J 70 Stamped Massey-Harris 1st 4%s 1954.M&S Matthiessen & Hegeler Zinc— Extended 3-6s 1945 M&S 75 1968 J&J interstate Deb Corp 2-5s Jan 1 '55 interstate Zinc & Lead deb 7s '32 / (Rudolph) 30% 20 Marine— 1st 5s series A w w 30 34% Marine Elev (Buff) ext 5a '52M&S Marinette & Menominee Paper— 7 %s 1936. —...M&N / Marion St'm Shovel 6s '47—A&O bs „ 30 6 16 A&O 1950--J&J Jones & Laughlin Steel— 1st mtge 4 As ser A 1961—M&S uuurnal of Comm 6%s '47—J&J Kansas Pipe Line & Gas— 95 A Mahon (R C) Co deb 5s '51. A&O Manati Sugar 1st 7%s '42..A&O Ceitificato8 of deposit 87 142 194 30 32 52 Mahlstedt Mat'ls 5s 1955 5 1948—J&J 6s Dec 1 61 51A 29 A 29 A 28 A 28 A 28 A 28% 62% 60% 128 Mackintosh-Hemphill 5s*51_J&D 5 f 5s 1947--- ser 62 F&A Lukens Steel 5s extend 1955 M&N M 1st extended 6 As 1946—F&A Industrial Acceptance 4s 1952 J&J Indiana Co 1st s f 5s 67 , 7 71 Karstadt 1954____J&D 37 ■ 71 note* 79 65 40 Grigsby-Grunow conv 6s '36 M&S / 1 Groc St's Prod conv 6s 1945.J&D 54% 103 Gulf States Steel 4 As 1961-A&O Gurney Foundry Ltd— 1st 4-5%s (w s) 1949——M&N 48% Gypsum Lime & Alabast— 5 As 194866 M&S Hale & Kilburn 6s '39 stmp-.J&D / — Hamilton By-Prod Coke Ovens— 68 1st s f 5s ser A 1955 M&N 64 Gen sinking fund 6s 1956. A&O Hamilton Cotton 4%s I960-F&A 68 Hamilton Mfg 5s w w 1951—M&S 97% Hammond Standish & Co— 1st extend s f 3-6s 1947-- _A&0 18 Hansa Steamship Lines— 70 10-yr 6s 1939 w w ___A&0 Harborside warehouses— Non-cum Inc 6s Jan 1973— / 44 Harpen Mining Corp— 6s with warr for Am shs—J&J / 19 Harrls-Seybold-Potter— Conv s f deb 5s 1951 A&C 97% Hart Coal Inc 6s 1945 / 22 Hatfield-Campbell Creek Coal— 1st 6 As 1948 M&J 98 Hawley Pulp & Paper Co— 1st 6s s f 1946 J&i 109% Haytian Corp inc 8s Oct 1938--. C 26% 31 69% 5A% dividend / / 100 A 69 A J&J Italo-Amer Pub— 80 Debenture 6 %s 1943 w W..A&0 81 III Car & Equip 5s 1948 J&J llsecier Steel xutge 6s 1948—F&A / ISA 112 independent Brewing 6s '55.J&J 100 Indian Refining 5s Dec 1 1941—76 Indiana Ice & Fuel 6%s '47-M&N Ind Limestone inc 6s 1952--M&N / 2% 43 Prior lien s f 6s 1942 M&N Indianapolis Motor Speedway—■ Ohio Riv 99 60 Lincoln-Boyle Ice 6s 1947 __A&C) 1952..A&O Liquid Carbonic conv 4s '47.J&D Loew's Inc dob s f 3 %s 1946-F& A Loean County Coal 7s 1942.M&N 1st ext'd l-4s 1956-.: M&N Loiillard (P) Co g 7s 1944..A&O 5s. 1951 F&A Lion Oil Ret deb 4%s 32 4 30% 61% Leipzig Trade Fair Ys 19531M&N / 12% Libby McNeil & Libby— 1st mtge s f 4s 1955 103 A J&J 82 Liberty Baking 6%s 1944 M&S Uggett & Myers g 7s 1944—A&O 123% Gold bonds 5s 1951 Iron City Sand & Gr 6s '40--J&D soita Fr^schini is 1942 J&D 78% loo" 97 Co Ltd— ———A&O Tan'g 5%s 48-J&D 29 6s 1949 series B 1st 4%s 31 76 Equipt Co deb 5s 1949 F&A Grand Trunk Warehouse & Cold Storage 1st 3s 1958. _ A&O Granite City Pig Iron— Cum Inc 5s 1943 —M&S / 67 Graton & Knight 4%s *51--J&D 100% 1st s f 5s 1955 75 100% 3GA Grand Rapids Stores Great Lakes Paper 100 13% / 29% 98 Leonard Tietz—Set Tietz 26 Paper— 1st & rel s I 5s 1947 ser A.. J&J 1st & ref s f 5s ser B 1947--J&J Ref mtge 6s 1955 ser A—M&S Internat Pow & Pap of Nfld— 1st M 5s 1968 J&J 85 > Stamped 19 <4 / Sec 6% notes e*t to 1943--J&J / Stamped 1943 / international 75 5s 1942 Motor Ooach— 1962 w s M&S / Operating Corp— 1942 J&J 1st & ref 5s 1974— 70 Hungarian Central Mutual Credit Mfg 7s 1937 J&J / Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J Hungarian-Italian Bank Ltd— Sinking fund 7%s 1963—A&O Hydr Press Brick 6s 1944—A&O Hygrade Food lYoducts Corp— 1st & ref 6s Jan 1949 A—A&O 1st &1 coll trust 6s f F&A / 70 Hudson River Navigation— 1st 6 As 1951 M&N / s F&A1/ 1964 87 550 J&J Interlake Iron Corp— Conv deb b f 4s 1947—-International Match Corp— 1st & ref 5s 1964-— Stamped 99 M&N _ Internat Mercantile 76% Gotham Silk Hosiery— — - 100% 101A Certificates of deposit Atlantic^Cable 7s 1945-_ / 30 L'd Bk 6%s 14)48 / 13% 76 Coal M s f 4s 65 M&S Globe Industrial Loan— See Investing Companies. 95 Globe Wernicke 6s Oct 1 44-J&J Gobel (Adolf) Inc— Conv deb 4 As ser A 1941-M&S Good Hope St & Ir Wks (Germ y) M i k 7s Oct 15 1945—A&O 15 / 19 104% Goodrich (B F) 4%s 1956—J&D 1946— -M&S 6s 43.F&A / — 84% x J&D German Glen Alden Graham Paige Co 1st — 1st mtge'income 1975 J&D/ Lehigh O & Nav fund 4s '48 J&J Cons s f g 4%s 1954 J&J Cons sf4^s 1954 ser O..J&J Lehigh Valley Coal— 1st 5s stamped 1944 / 1st & ref 5s 1954 F&A / Stamped 1954 if 67 M&N Certificates of deposit —j / Conv deb 5s 1941 J&J15 / 101" Granby Gonsol Mln & Sm — - 103 A&O 1950 1st 5s 1962 A Deb German Bldg & S f deb 5s w w 85 100 Holly Sugar Corp— 1st 3 As 1941 A&O lst3%s 1942 A&O 1st 4s 1947 A&O Home Serv Corp 6s 1957 A&O Home Service (Portland. Ore)— 1st coll 3-5s _ 105% 1st mtge 3s ser F 1961 A&O Inspiration Consolidated Copper 1st mtge conv 4s 1952—A&O Inter City Baking 5As 1948.J&J Finance— Steel ~ Inland Steel Co. 40 26% 37 25 Gen Rayon deb 6s 1948 w w.J&D / Gen Stl Cast 1st 5%s '49 w w_J&J General - Inland Car Lines 5s 1944 / 1940 — See Investing 90 - Indus Rayon 4As A 105% 7s 1945—J&J / Debsf »<s 1948.-General '58-A&0 - Ind Br'nhoist 6s Oct '54_An Apr. A. J&J (Germany)— f 5%s 1947 ser Sinking fund deb _ II Progresso General Cable Corp— General Electric - _ Flour Mills of Conv g - _ f ^ w - 2d mtge inc 6s Feb 1956 First Bohemian Glass 1BK 95 Hudson Coal 60 1961------M&^ S f 6s stamped 69" 65 1947--————M&S Finland Residential 95 16% Houston Oil no of Texas— 5 / 93 Housing & Realty Improv— (Berlin) 1st 7s 1946-M&N 67 5s Fed Portl Cement 37 1947.M&N Healey Petroleum deb 5s 1948 J&J 99 1941—F&A / 35 15 f / ' / * 98 Canadian— 1st & coil 3As 1941-1942. J&D r 1st & coll 4 As 1951 - J&D Farmers Nat Mtge Inst 7s '63A&H / Federal Grain Ltd 6s 1949—F&A Famous Players Fed Home Mtge 6s to f 4s 1954 Inc deb 5s 1989 Hearst I'ublica 6 %s to Helvetia Coal Min 1st 5s 60 55 -----J&D Empire Properties Corp 2-3s 1946 Coll s Ask Lautaro Nitrate Co— Haytian Corp of America— 100 97 — . 1943.M&N Eaton Paper 1st 5%s Elec Auto-Lite deb 4s Bid Bonds Ask Bid Bonds Ask Bid Bonds bonds Issue 95 96 98 91 92 A 13 104 A Mtge Bond Co (Md) 3-5s Dec 1 '53 Corp— CollB 2%-5sser 2 1946—J&D Coll C 2%-5sser 3 1951-.J&D Coll D 2%-5s ser 4 1956 ..J&D 99 A 1st 5s '51 A&O 1952-J&J 77% Mortbon 73 A 104% Moslnee Pap Mills 78 68 68 - Motor Transit inc 6%s Munising Pap 6s A &B 1943-A&0 Munson Steamship Line— 103 A 3% 24 5 30 Deb 6 %s Jan. 1 1937 ww Certificates of dpposit Namm 70 J&J / Secured 6s 1937 A&O/ / — (&A I) & Sons 6s 1947F&A 6%s 1938 / Nassau (Ger) Landbank Paper— —-J&J 60 A 62 An Apr A 1949-J&J 41A 43 A 53 A 51 A NatT Acme 4 %s ext to National Bondholders Central '46--J&D 38% 2 2 101 23 103 Funding— 9 All series National Central Savings Bank (Hungary) 7%s 1962 -;F&A Natl Consol Bond Oorp 3-5s 1953- 110% 59% 98 / 5 85 28 b BaslB. / This price Includes accrued Interest, k Last sale. n Nominal, r Canadian price, NOTICE—All bond prices 83 MISCELLANEOUS BONDS INDUSTRIAL & OCT., 1940] "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 are Bonds Bid 101 102% 106% 107 Bonds Ask Nat Container deb 5%s '52. A&O M&N Nat Dairy Prod 3 %s w w'61 Natl Debenture Corp 4-6s 1953.* National Distillers Products— 194768 M&S Conv 3%s debs 1949 National Fire Proofing Co— I 1st M conv 49 104% 104% 88 5%s A 1940.M&N 91 Cum conv inc 6s 1952-—M&N 14 Natl Grocers Ltd 4s 1947—A&O 100 National Hungarian Ind Mtge Inst 7s 1948 M&N / 5 Nat Ice & Cold Storage (Calif)51 1st s f ext 3 %s-6s 1952 J&D National Industrial Loan— See Investing Companies National Radiator Corp— __ Cum Income deb 5s 1946-.M&S f National Steel Car Line— -A&O Eq tr 5s 1940 National Steel Oorp— 1st coll M 3s 1965. 6 A&O A&O Serial notes 1% 1941 1 1942 1943. 1944.— — 1945 20% 2.00 1.00% 105 100% 100% 100% 101% A&O A&O 2% 55 104 A&O 1%% 1%% A&O A&O A&O %% 15% 95 / 34 75% 105% 106% 50% 1st 6» ext 5%% 1942 M&N NYLE&W Dock & Impt— Extended at 5% to 1943—J&J N Y Shipbuilding 1st 5s '46.M&N 1 1 87% 90 92% 93% 92 96 9% 10% 48 102 Equip trust 4%s Aug 1 '40-'46. Equip trust 4%s Nov 25 *40-'43 & Equipt tr 4%s 1941-47-J&D15& Equip trust 5 %s Sept 1 '40-'44. & North American Cement Corp— 6%s 1943 M&S Income 6 %s 1953 M&S / Nor Amer Refract 6%s 1944-J&J / _ 4.25 103% 4.00 4.35 4.10 3.50% 3.00% 3.50% 3.25% 91 37 56 61 North German Lloyd— —M&N f M&N 60 38 Refrigerator Line Equip trust 4s ser I Jan 1 *41-'43 & Equip tr 4s ser J 1940.46.J&D & Eq tr 3%8 ser K 1940-48.-A&O & Northern Elec & Nor Pap Mills— 1st 4s 1940-1947 M&N 1st mtge 5s to 1948M&N 2.75 3.40 3.00 2.25% 3.00% 2.50% J&D / N'west Pub's Deb4%s 1948-J&J Northwestern Barb Wire Co— 97% 99 97 99 95 Debenture 6s 1943. M&N Northern Redwood Lumber— 97 10% 100 1945-F&A 1945.F&A 12„ 100% 93 93 1st conv s f 3%s 1963 J&J OceanSSCo(Savannah) 5s '43J&J 56 57% 84 O'Connor Moffat deb 6s 1948F&A O'Gara Coal 1st inc 5s 1955 M&S f Ohmer Fare Register 7s 1938.J&J / 20 48 J& I > 59 % Pacific Western Oil 3 % 1949. F& A 77 79 97 % Parmelee 61 J&D 15 / / 38 38 103% 91 % A&O 45 '56.M&S Peabody Coal Co (Consol Co)— 63 1944 Paton Mfg Ltd 1st 4%s 1st s f 5s 1953 ser A- M&N Peerless Cement 1st 5s 1948. -J&J Penman's Ltd 1st 5%s '51.-M&N Penn Amer Coal 6s 1941-56.-J&J Penn Dairies 1st s f 6s 1949—J&J w w 1943 104 91% Phelps Dodge 3%s 1952 53 66 100% 98 75 101 78 91 95 M&S / 19 J&D 108% 54 109 82% w s 99 75 55 83 100 101% 62 40 1950 12 12 48 7 104% 105% J&D 21 99 Corporation— Secured 22% inc 3-5s Apr 1950. Stern Brothers 6s s f 1947 J&D Stevens & Thompson Paper— 1st ext 3%s (w-s) 1958.M&S Without stock ;; cum 91 ... 65 100 100 101% 106% 102 69 103% 101% 103% 23% 23% 105 Deb 5 %s A 1943 Stinnes (Hugo) Corp— 41 100 —F&A 7s 2d stamped 1946 Stinnes (Hugo) Industries— 32% A&O 41% 7s 2d stamped 1940-.J&J Certificates of deposit Strange (John) Paper 6s '44..J&J Strawbridge & Clothier— s f 5s 1948 40 100 M&S 103 Struthers Wells Titusville— 1st mtge s f 5 %s w w 1949. A&OJ Studebaker Oorp 6s 1945 J&J Stutz Motor Car 7%s 1937—A&O / Sugar Estates of Oriente— 1st 7s 1942 ctfs of 14 45 Stillwater Worsted Mills— 1st 103 100 Sugar Pine Lumber Co— 1st M serial 6s 1940-1942.M&S / 3 Summerfield Hecht— Extended 3-5s 1951 107% Sahara Coal inc deb 5s '40.M&N 4t Louis Ainuse't 1st 6s '45-A&O St Louis Oar Co— 1st extd 6s stamped 1945.M&N It Louis Gas & Coke Corp— 1st M s f 6s 1947-..J&D ' 3t L Rky Mt & P 5s 55 stpd J«VJ 12 J&J 81% 22 99% 12 23 Tenn Taylor-Warton Iron & SteelColl inc 7%s July 1 1958—A&O 100% Coal & RR 5s 94 1951—J&J 125 Refrig & Warehouse Oorp—4%s 1948 A&O 100 Term 18% 70 72 104 106 103% 13 13 21 13% Sunlight Coal Co 5s 1947 90 Sink fund deb 5s 1938—_J&D / 3% Swift & Co 3%s 1950 M&N 105% Taggart Bros Co 6s 1944——J&D 95 a 100 17 ...F&A 6s Jan 1 1951... —M&N Superior Oil 3 %s debs 1950.A&Of Susquehanna Silk Mills— 86 20 1 4% Superior Elevator & Forwadlng— 33 9 88 101% I dep....M&S'/ 5 26% 2 Term Warehouse 2d 5s '42—J&J Texas Corporation— 50 debentures 1959... A&O 3s debentures 1965 M&N Texas Sugar Ret Oorp 6s '44.F&A Thermold Co 5s w w 1951..J&D 3% Three Rivers Grain & Elevator— 1st s f 5%s ser A 1951 M&S Tide Water Assoc Oil 3 %* '52J&J 96 TIetz (Leonard) 7%s x-w '46.J&J Tilden Lumb & Mills 6 %s'46M&S 45 Tivoli Brewing conv 5s 1947 J&D 105% 104% 1% 94% 98 a * 105 'I 78 Tomahawk Kraft IIS A&O a 103 A&O / 8 Paper— 1st 5s (with stk) 1951 ..A&O 83 l6" Trask Timber 1st 3s 1944 J&D Uchi Gold Mines 1st 6s 1941 J&D Ulen & C.— 67 72 Conv 6s 4th stamp 1950—F&A Unified Deben Oorp 3-5s 1955... 40 83 6% 46% 48 91 8 Union Oil Co of California— 6s May 1 1942 ser A 3s debentures 1959 15% 14 14 Union Rock 1st 6s 7% 76% United Amusement Corp— 1st s f 5s ser A 1956 28 28 38% 38% 95% 106 Called for redemption: see page 111. t Quotations based on $89.50 of principal amount; / This price includes accrued interest. * Last sale, n Nominal, r Canadian funds. South Coast Corp— Gen mtge inc 6s April 1950 Southern Advance Uaer & Paner— Starrett 101% 105% Rom Oath Church Welfare 7s 1946 / Ruhr Chemical 6s 1948 A&O * Rulir Housing 6%s 1958... J&J Stamped 105% 15-yr 2%s deb 1953 J&J Stand Textile Prod 6%s '42 M&S Sbanly-Rowl-Clark 6s 1946--F&A 101 Roberts & Oake (Chi) 6s '44.M&N Rocb & Pitts C & I 5s 1946.M&N Saratoga Victory Mills— 6%s with warrants 1943 J&J 3axon Pub Wks (Germany)— 1st extl s f 78 1945 F&A Gen & ref 6%s 1951 M&N 6% notes 1937 J&J Sayre & Fisher Brick 6s 1947. J&J Schoenstadt (H) & Son 6s 1950 Schulco Co 6%s 1946 J&J Stamped (July 1933 coup on) t Guar s f 6%s 1946 ser B..A&0 J&J Debenture 3s 1961: 59 67 90 1943—J&J Socony-Vacuum Oil Co— 3s debentures 1964.. Standard Ice 1st 6s 1947-.—F&A Standard Oil Co (N J)— 102% 24% f 7s '55 F&a Rlordon Pulp & Paper Ltd— 1st 6s June 30 1942...J&D30 River Raisin Pap 1st 6s '45-.F&A Schulze Baking 1st 6s 1945--M&S Scovill Mfg 3%s debs 1950.-J&J • Deb g s f 6 %8 '51 with war M&S / 43% Deb 6s 2930 Ann Apr / 200 75 Signode Steel Strap 3 %s '45.A&O Silesian-Am Corp 7s 1941...F&A 40% 95 SHverw'd Dairies 5s *41 to *51 J&J Simmons Co Conv deb 4a*52A&O 101% Simpsons Ltd— 1st & coll 4%s A 1951 69% J&J Skeily Oil 3s deb 1950 _.F&A 102% 98 Slattery Co Inc 5%s 1954--.J&J Smith (Howard) Paper Mills Ltd 71 73 1st 4 %s 1951 J&D Smith (L C) & Corona Tvpewr'rs Deb 2% to4%% to 1946—J&J 100% to 101 .. 102 99% 99% 3.00 Spalding (A G) & Bros 5s '89M&N . 3t Paul Un Stk Yds 5s 1946. jaltex Looms Inc 6s 1954 90% Halske—- Conv income 5s 1944 S'west Lumb Mills 5s 1955. .M&N 101% 101% 63 97% J&J A&O Southwest Dairy Products— 101 4%s without warr'ts 1956 M&S Republic Steel Corp— Gen mtge 4%sser B 1901-F&A Gen mtge 4%s ser O 1950 M&N Purchase money 5%s '54.M&N Re8tlgouche Paper Ltd 6s '48F&A Revere Copper & Brass— 1st mtge 4 %s s f 1956 J&J Reynolds Met deb 3%s '51.-J&D Rheem Mfg conv 5s 1948 A&O Rheinelbe Union 7s 1946 J&J 3%s assented 1946 Rhuie-Malu-l >anuhe 7s '50 M&S Rhode Island Ice 5s w-s *51--F&A s 1954 88% 1st 4s 100% 100% 100% Remington Hand Inc— 20-yr dPh 4 %■ w w 1956..M&« -- b Basis. 72 104% 100 %-l % June 1 & Dec 1 1940— %-l % % June 1 & Dec 1 '41 1 %-l % % June 1 & Dec 1 '42 1 %-1H % June 1 & Dec 1 *43 1 %-2% June 1 & Dec 1 1944. 2-2 % % June 1 & Dec 1 1945 2 %-2 % % June 1 & Dec 1 '46 2%-2% % June 1 & Dec 1 '47 2%-2%% June 1& Dec 1 '48 Railway Vrhouse 4-6s (w-s) '47Reaity Bond & Mtge deb 4-6s '53Reliance Grain Ltd 4%s 1952.J&J (Portland Me) 4s 1958 A&O 3-3 %s 1940-1948 A&O Roman Catholic Church 6%s 1946 99% Penn Mercantile Properties— Secured s f 4s 1961 J&J 48 Penna Cent Brewing 6s 1937 A&O / 3 Pennsylvania Glass Sand Corp— 1st s f 3 %s 1960 J&D 105 Petti bone Mulliken— 6s - 1 Corp 1st Union OH Corp— 2%s debs Southern United Ice Co— 13 70 Rocky Mt.n Fuel 5s 1943 .-.A&O Rolland Pap 1st 4 %s A '51-M&N Roman Catholic Bishop Transportation Co— S f conv deb 6s A&O 1947--M&N 40 22% Sh Tidan-Wyoming Coal Co— 1st s f 6s 1947 J&J 15 98% Serial notes— Ritna Steel 102 Co (of Calif)— Certificates of deposit • 1st & ref 5-6 %s 1947 A&O Richmond Radiator 5s 1948 M&N Pan-Amer Industrial 7s '37.M&8 / Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952—M&S Paramount Pictures 3 %s '47.M&S 1st income 6s 1958 J&D Protestant Church of Germany— 4 M&S M&N 38% 68 Richmond (Va) Ice Co— 16 1953. f 8 Oregon-Am Lumber 6s 1942. A&o / 37 Oregon Pulp & P 6s to '45--M&N 99 Oreg Terminals inc 5s 1945--A&O 20 Osgood Co deb g 6s 1943 J&D 65 Oswego Fallc Oorp— 4%s without warrants1952 M&S 101 Otis Steel 3 f 4 %o A 1962—J&J 76 PaC Coast Cement 6s A 1942- J& D 78 6s 1940... 66% 10 12 Shaffer Oil & Ref 6s 1933 Shaker Co inc 7s 1936 98 1st mtge s f 4%s 1955 M&N Southern Brighton Mills— 1st gtd 7s 1940 J&D 1st gtd 6%s 1940 J&D Southern Ice Co— 1st & ref 5-8s 1942.. A&O Sou Ice & tJtil conv 6s I946.F&A Southern Kraft Oorp— 1st leasehold 4%s 1946...J&D Southern New England Ice— 1st s f 4%s 1967 A&O 98 40 8 45 1948 96"" 66 - Richardson & Boyuton Co— Cum income 4s 1945 J&J / 1% Richfield Oil of California— Conv i. f 4s 1952 M&S 106% Richmond Cedar Works 6s 1953. 40 Uchmond Hos Mills 5s i948-F&A 48 86 Old Ben Coal Oorp 6s (w •) Inc deb 7 %s (ws) Aug 1 48 94 - Nova Scotia Steel & Coal— 1 87% 104 Purity Bakeries 5s 1948 J&.J Quaker City Cold Storage— Ists 15s 1953 ..M&N 36% Queen Dyeing 1st 5s 1944—J&J / Quincy Market Oold Storage & Warehouse 1st 5%s 1946.M&N a 102 fUdt«> Keith-Orpheum o«irp__ 95 Midwest Oorp ref 6s 1940.M&N Railway Express Agency Inc— North American Car— s Pressed Steel Car Co 5s '51—J&J Price Bros & Co Ltd— 1st 5s 1957 M&S ^2d conv deb 4s 1957--—..M&S 1st 3%s 1941-1943— M&S Produce Term & Cold Storage— , Corp 4s 1952 M&N Nordberg Mfg Co 1st 6s 1943M&S 1st conv 45 ... Nivelle Pan Amer Petrol 49 .......— 7s 1946 Prov Paper Ltd 5%s T—i 10 11—1 4%s Smith & Wesson 5%s Atl Deb Oorp Potrero Sug 7s stmp 1947—M&N Pratt Cons Coal 1st s f 5s 55 J&J 92 New York Trap Rock Corp— 1st mtge s f 6s 1946 J&D 6s stamped 1946 ..J&D Partic deb 2d mtge 7s 1946 J&D JNew York World's Fair 1939— Deb 4s 1941. J&J 52 82 88 1- co . . 98 52% 51% 1946 90% 96 49 50% >ast Co 5s 92% 100 90% 47 _ 70 100 Deb Siemens & 49 Potomac Realty 4-68 1953. A&O '41.-J&D 1948 —J&D Securities Acceptance Oorp— See Investing Companies. Seneca Copper Corp 7s 1933.J&J 1st conv 3-6s 1951 Seattle Times deb 4%s Shippers Oar Line— Equ p trust 5s E 1941-42..A&O Shuron-Optical 6s 1951- 104 85 105 102 % Sculiin Steel Co— S ie'i 101 '53. NYLE&WC&RR— Pacific i 107 Royal Pulp & Paper— Potomac Cons Deb Corp 4-6s N Y Dock Co 'si g 4p 1951-F&A Conv 5% notes 1947 ..A&O warr 2 . Potomac Deb Corp 4-6s 1953 Potomac Franklin Deb 4-6s 1953. Potomac Md Deb Oorp 4-6s 1953 102 23"" 6%s without 5 5s to 1942 .M&S Potomac Bond Oorp 3-5s 1953... 20 1st mtge s f 5%s w w — Port 75 1937 - 101% New Eng Laundries 5s 1956.J&J New Niquero Sug 3 %8'40-'42-J&J 6s — 101% Natl Tool conv deb 68 w w'42F&A Nat Union Mtge 4-6s A '54..J&J 3-5s series B 1954 J&J Nekoosa-Edwards Pap 6s'43.J&J Western 4% 75 104% — Bid Scripps (E W) deb 5%s 1943 F&A 18 98 stamped 1942.. Bonds Ask - Certificates of deposit _ 20-yr s f 6s 1947 New 6-4% 1947 — 6s A&O 102% 2%% A&O 102% 2%% National Supply 1st M 3%s 1954 J&D 104% National Terminals Oorp— ' Gen&collsf6%s 1940—A&O/ 22 Coll tr s f 6 %s 1943 A&O / 34 North Bid 1973.-J&J f 17% Conv deb 6s 1949 .M&S / 4% 71 Phillips Elec Works 5s 1953. F&a 104 Phillips Petr 3s conv deb '48.M&S Phoenix Iron lstsf6s 1946.M&N 102% Phoenix Silk Mfg 7s 1943..-F&A / 3 14 Pickering Lumber 6s A '46- -M&N 1 Pine Hill Collieries 1st 6s '42 A&O 109 Pittsb Brewing 6s Feh 4 "49. J&J 105 Pittsburgh Coal deb 6s '49..F&A Pittsburgh Coke & Iron Co— 100% lot mtge conv 4 %sl952— .M&S 105 Pitts Crucible Steel 5s to 45.M&S Pitts Steel s f 6s 1948. F&A 103% Pitts Term W'house & Transfer— 2% 1st ref 5s 1936———M&N Pocahontas Consol Collieries— 104% 1st gold 5s 1957......... J&J 101% Poor & Co s f deb 4s 1946—A&O 100 Portld Woolen Mills 6 %s'44 M&N Porto Rican Amer Tobacco— 98 Conv 6s 1942 J&J Certificates of deposit 90% Phila & Read C & I 5s 30 s F&A F&A f 1947—M&S F&A United Biscuit deb 3%s '55.A&O 107% 103% 109 103% 12 15 68 70 107 106% 30 40"" 96% 106% 5% was paid on July 2 and 5%% on Sept. 25 INDUSTRIAL 84 MISCELLANEOUS BONDS & bonds date of issue NOTICE—All bund prices are "and Interest" except where marked "f" and income and defaulted Quotations for all securities are as near as possible for the closing day of the month preceding the Wilson & Co 4s United Oigar-Whelan Stores— 8 f 6s Oct 1 1962—. A&O United Corps Ltd inr United Drugs 6s 1953 63% 66 1st 7s 1942— Certificates of depos t. / Vlau Biscuit Oprp 6 *4* '46..J&J r v icana Sugar Co 6s 1955 J&J / Victor Fuel 1st s f g 5s 1U53..J& J 92 95 Va Hardwood Lumber 6s *42.J&D 30 Ya Hot 5s 1953 F&A United Grain Growers 5 He series 96 Ltd— J&J 1948 A 5s series M&N B 1949 United Industrial 1st 6s 85% 85 M&S15 United Elec Coal Cos lnc 7s 1946. 14 1945.J&D 1941— _M&N 1944 J&J Litho 6s 1950..A&O U S Radiator Corp— conv deb s f 5s 1946 F&A United States Steel Corp— Serial debentures— .375% due Nov. 1 1940 .50% due May 1 1941 .625% due Nov 1 1941— .75% due May 1 1942... .875% due Nov 1 1942 1.00% due May 1 1943 1.125% due Nov 1 1943 1.25% due May 1 1944 1.375% due Nov 1 1944 1.50% due May 1 1945 1.625% due Nov 1 1945 1.75% due May 1 1946 1.80% due Nov 1 1946 1.85% due May 1 1947...... 1.90% due Nov 1 1947— 1.95% due May 1 1948 2.00% due Nov 1 1948 2.05% due May 1 1949 2.10% due Nov 1 1949 2.15% due May 1 1950.. 2.20% due Nov 1 1950-. 2.25% due May 1 1951— 2.30% due Nov 1 1951 2.35% due May 1 1952 2.40% due Nov 1 1952 2.45% due May 1 1953 2.50% due Nov 1 1953 2.55% due May 1 1954 2.60% due Nov 1 1954 2.65% due May 11955 United ->itel Works (Germany)— 6%s series A 1951. ..._J&D 3%s assented A 1951 0%s seru-H »' 1951 J&D 3%s assented O 1951.... 6%s series A 1947. . J&J 3%s assented A 1947 United 8tockyards Corp— 16-yr coll tr 4 %s A ww *51 A&O Deb 6%s V 100 7%s 99% 99% 100 Walker 100% Q-Jan Walworth Co 6s s f deb 1955.A&( > 20-yr 1st mtae 4s 1955 A&O 100 100 100% 100% 100% 101% 101% 101% 101% 101% 101 101% 101% 101% 101% 101% 101% 102 102" West Va Pulp & West 23 23% 88 32 63 J&D Utilif l«s Elkhorn Coal 6s 1948 J&J / Yalvolin" Oil ext 5a 1947.-M&N Van Camp's lnc 1st 6s 1943..J&J Van Dorn Iron Wks7s June 1 1912 45% 69 42 N 85 104% 98 105% 102% SEATS Lo«* 94% 92% 5 3 / N 885 600 "500 "675 N Y Prod Exch 87 977 150 100 150 Assoc membersh. Baltimore Stk Exch 267 75 76 475 2*506 3",800 1.100 473 450 "550 Chicago Stock Exch 337 Cleveland Stk Exch 41 1,500 2.250 1,600 2,000 Boston Stock Exch. 99% 1.10% 1.20% 22 24 56% 56% 65 4.100 1.000 73 "1.50 1.000 70 Exch.. Exch. 42 43 "450 500 k Ex. 500 16.500 Phila Stock Stock Salt Lake Sto 300 450 San Fran Stock Ex. 69 Seattle Stock Exch 1 30 *12.000 r.ooo 15.000 18,000 / 113 "250 75 Seattle Curb & M. Toronto Stock Exch 40 Ex ExeH_ 'Vinrvneor Or *1.900 1,6001 * Last sale. /This price includes accrued interest. 250 150 255 463 Washington Stk 20 600 100 700 200 100 Pittsb 88 3"6OO 18,000 "420 420 500 St Louis Exchange. 82 1~.800 100 *6.000 y80 *18.000 Montreal Curb Ex. New Orl Stock Ex. J— 1,050 1.050 6i22 Montreal Stock Ex. New Orl Cotton Ex 104 "600 150 157 Ex. Minn-St P Stk 35 650 3",750 350 213 Minn Oh of Comm. 104% "375 3",500 650 58 Detroit Stock Exch Ft Worth Or & Cot Han City (Bd of Tr) Los Ang Stock Exch VTilw Grain & Stk. 13 1/ 2.500 Chic Merc Exch—. J&J M&S 127 Chicago Bd or Tr__ 1,549 102 100% J&D b Basis, 98% 94 Exch...1,375 $40,000 $33,000 $50,000 4.500 3.500 2.500 450 Y Cotton Exch.. 1,800 1.500 1.501 344 Y Oof & Sug Ex. 550 6.900 Y Curb Exch... Commodity Exch.. 95 91 6s 1947 Paper Co— * Canadian dollar value, a Called for redemption; see page 111. price, s Sale price, x Ex-interest. 1/ 80 seats, 70 members. EXCHANGE N 103 Va Pgh Coal 5-year 7s ser A 1930 Secured 6s 1945 Wilbur-Suchard 4s 1952.. 90 86 •, 97% NT Y Stock Weyenberg Shoe Mfg 103% Debenture 4 %s 1945 J&D 32 Wheeler Osgood Co 6s 1941.M&S / 1st 4s 1953 J&J f 34 Wheeling Steel Corp— 103% 1st M s f 4%s ser A 1966.-F&A 107 Whitaker Paper 7s 1942 M&N White Sewing Machine— 99% Deb 6s 1940 M&N Wlckwfre Spencer Steel— 9 7s certifi ates of deposit 1935... 9 Prior lien 7s certificates 1935... 30 25 1943.J&J 11" 1.50 1.65 23% Oonv 48 debs 1948 43% Eq tr 4%s ser D 1941-44—J&D b 4%sser E 1940-1945 M&N & Western Grain Co 6s 1949—J&J / Western Newspaper Union— Conv deb 6s 1944 F&A 24% Utah Ice & Storage (Colo)— 4-5s 1954 102% 99% 101 104 86 M&S 3%ssf dabs 1955 ...M&S Western Dairies Prod 6%s '41 J&D a Western Fruit Express— 102 . 104% 77% . J&D No M&fe 1st mtge 3s 1954 Western Auto Suoply Co— 102% 23 Youngstown Sheet & Tube— 1 st M « f 4s ser 1961 M&v 40 5%s notes 1937 M&S (S D) Co— I st mtge s f 4 %s 1952 M&N Conv deb 4 Ma 1952 M&N Watab Paper 1st 6%s 1942.-J&J 102% 62 84 15 M&S / 1st. « As '41 op 90 J&J '44.A&O A&O 72% Warren 102% 103% 103% 102 Bros Co— s f deb 6s 1941 Webster C&c 103 102 Conv 102 102% 102% 102% 102% 102% Warren 116 113 50 Warner-Qulnlan Co 6s 1939.M&S Warner Sugar Corp 7s 1939.J&J 104 101 6s 1942 92 105 a 76 A v .. . 88 82% M&S 6s debentures 1948 W irner < 'o 1st 6s 1944 100 100 r J&J Yates-Am Mach 3-6%s York Ice Macn 6s 1947 Debenture 6s 1943 88"" 82 Warner Bro^ Pictures— 100 99 99 72% Walton Lumber 1st 6 Ha '41 100% 100% 106 104 103 50 1945. 100 r r 2d conv Inc 5s 1962..Ann Apr Woodward & Tier nan Print— & W J&D 100 ' (Hiram)-G A Woodward Iron 1st lien 5s '62J&J 70 45 99 r 1942 1945—J&J J&J 1946-1947 4 %s series A 1952 67"" 88* J&J 1st 3s to 1941 3 %s series A 49 48 series Waltham W'tch & Cl'k 6s '43 J&D 4 %s 40 68 Co Ltd— Woods Mfg 100% 100% Deb 81 ..M&NT Wood & English coll 7s *39—M&N / Woods Bros Corp 6s 1937..A&O / 9 5 79 Wabasso Cot'n 82 Wither bee Sherman Tr»c— Extend Income 6s 1963 45% 1943 M&N 4s-4%s '51 F&A Walker Coal & Ice 6s 1945—M&S 1st 77% '38.A&0 J Wise Lime & Cement 6s 4% 38 Vulcanite Portland Cement 76 75% 101 M&S 5%s 1943 35 / / '49.M&S iron Coal & Coke 5s < 7% 100 3% 98 1979 1979 100% 74% Winslow Bros & Smith— Springs Co lnc— 2d mtge 1 %-4s ser A Cum inc 1 %-4s ser B 5 U S Finishing 5s U S Print & Universal Sewer ripe 6s % 25 107 100 A&O 1947 Ask 105% A 1955...J&J Wilson (W P) inc 6%s 1945.M&N ^err.ientes Sugar 58 ser Conv debs 3 %s 90 85 A&O 1st coll conv 5s 71 11* Bid Bonds Ask Bid Bonds Ask Bid Bonds n 2.000 Nominal f Canadian Quotations are for the last Atlanta %s. Ask Bid Bonds 99 Burlington preceding the date of issue. 81 83 Lincoln 5%s New York 5s Chicago Oregon Washington 3s, 3%s 99 Pennsylvania l%s, l%s. First New Orleans Is, 2s_., 99 Phoenix 5s First Texas 2s. 2%s 99 Phoenix 4 %s First Montgomery 99 98% St. Louis 99 San Antonio Fremont 4%s. 5%s.. 65 Southern Minnesota Illinois Midwest 4%s, 5s._ 99% Lincoln New York North Carolina 99 14" 13 80 Pennsylvania 100 100 100 San Antonio 83 Detroit 2%s—... Virginian Is, l%s 99 5 —...100 Virginia V irginia-Carolina Union 98 100 100 100 100 ..100 ...100 100 100 100 100 Ask Bid Potomac 23" 21 %s. 2s Southwest (Ark.) 5s 100 85 48 * 52 73 78 54 60 52 14 58 18 4 8 9 5 1 5 94 100 32 38 100 110 105 110 3 2% 95 85 99 99 Lafayette %s, 2s r First Carolinas 103 99% Fletcher %s. 3%s . Fremont 102 First Trust ot Chicago— Refunding 1 & l%s Indianapolis 5s Iowa 4 %s, 4%s 40" 35 l%s__ Potomac .... Des Moines 99 l%s 99 Denver 86 83 North Carolina %s, ... Dallas Atlantic ... 99% Denver l%s, 3s— First Carolina 1%8, 2s Atlanta 85 Lincoln 5s Par Stocks Ask Bid Lincoln 4 %s 99 7 l%s_— Atlantic 1 %s. l%s day of the month Bonds maturities. Quotation shown is for all Company in receivership. Investing Companies Stocks and Bonds Concluded from page 72 Stocks and Bonds Per Seaboard Commercial Preferred w Seaboard w__ Finance Corp.. Sovereign Invest. Inc., com 50 J Ipantsb & Gen Corp Ltd— Am dep rets ord reg —£1 Amer dep rets ord bearer—£1 * * 100 Second Investors $3 prior pref.25 $1.50 convertible preferred 5 Securities Acceptance Corp— Common 4 6% preferred 25 4 %s conv debenture lO^O-J&J Securities Corp General com * Securities invest com * Preferred ...100 Selected Ainer Shares Inc 2% Selected Industries com $5.50 prior stock — Convertible stock Allotment certificates Shawmut Bank Inv Trust— 3% ♦ 5 20% 20% 23 38 41 97 99 tuper Corp of Amer— 30 7.98 43% 6 2% 8 7C 50c _* 62% 65% 2 28 5%% partic preferred 50 Allied Stocks Inc....* Tobacco Securities Trust Ltd— 33% 63% Talcott (James) com 4% Am dep As .......2 —* 45 Transaruerica Corp 3% 44% Trl-Contlnental Corp.... 6% cum preferred 1 5s conv deb —— 1953.. ---- »iM 54 —.........1 B Union Investment common......* 1946 l_M&8 CJ S Elec Light & Pow tr ctf A— Trust ctfs series B — U 8 & Foreign Securities com—* Conv deb 5s $6 1st preferred U. S. & International pref with 10% 3 4% 1% 67 _ J&J 4% 1% 69 Convertible preferred..——7 Wellington Fund ...—1 Western Reserve Inventing—■ Deb % Sec * * * 10c 1 warrants... Corp com $5-50 priority stock' ; Utility & Industrial Corp..——6 1st UtII Equities ordinary.—-.-£1 rets deferred-.--—£1 Warrants % .27 .33 1 Standard Oil shares A.l ♦Series 10 1 Invest ser O D ♦Class ♦Trustee 9 B 25c Trusteed Industry Shares 25c Trustee N Y Bank Shares—— 1 14.87 14 Am dep rets % 43 M&S —• Tobacco & 99 Trusteed Amer Bank Shares ♦Trustee Stand —1 -9 Class A \ % % fc 'State St 10 24 * 25 Quotations not furnished Inc— investment Corp Standard Utilities 9 23 3.85 M&S .... Shares Standard Investing Corp— $5 50 preferred w w 6.34 Ask Bid Per share 5.74 As * 1 Tr.sk Fund Lnc Standard Amer Trust 7 * 1 1942 1 1052 <Dencer 23 30 ..1 Common 4 %■ Mar 6« March 1 13 36 Par Stocks and Bonds Ask Bid Per share 10 33 $2 cum pref w w Income Shares.. Par 10 $2 cum preferred Second Carey Trust Selected Stocks and Bonds Ask Bid Par 5%s 1944 F&A share .52 .47 .72 .81 1.10 1 20 2.21 ( 2.16 4.88 • - 4 38 - - 4% 2% 99 15% 2 03 3% — - m m AM 86 83 % % 57 54 % % 47$ As 1Al 12.93 50 1$ 14.23 100 107 82 so by sponsoror issuer* * No par value. e Ex-coupons. / Flat price. k Last sale. n Nominal. x Ex-dividend. Quotations for all nAprnHHA* Stocks Par Ask Bid Per Stocks Callaway Mills....* Cannon Mills.....* C had wick-? Hoiklne Co common 10 Northern Mills Amoskeag Oo Preferred. * 15 66 71 5 7 28 Apponaug Go * Ariiuguio Mills..100 $1* pref.20 conv 8 % preferred.. 100 China Grove Cot... 20 * - Atlantic Rayon I Bates Mfg......100 Beacon Mfg— Preferred 100 Beaunit Mills .10 Berkshire Mills class A....5 Preferred.. 10 Bourne Mills * Cleve Worsted Mill Common.......* Draper Corp.. .* Parr Alpaca^...100 Franklin Process..* Fruit of the Loom units General Cotton.. Globe Knitting. .2* Goodall Worsted. 60 Gosnoid M (N B)..* Preferred.. 100 Prior preferred.25 Hartford Ravon vtcl Hathaway Mfg.. 100 Kendall Co com...* $6 part pref A ♦ Kilhuru M (N B>.75 Ludlow Mfg Assoc.* Luther Mfg 100 Martel Mills— l nits ... Merrimac Mfg.. 100 Preferred. 100 Mt V-Woodb Mills (Balti more)... 100 Preferred 100 4?* 100 2nd preferred ...1 7 8 20 7% preferred.. 100 41 45 110 5 m 5 7 1* 2* 3* 8* 3 7 3 5 28* 10* 68* 11 72 29 4* 5 24 * ...100 Rayon class A..25 N J Worsted pf—100 Newmarket Mfg...* Nonquitt Mills....* North Amer Rayon— Com class A .* B * 6% prior pref. .50 • Pacific Mills Patchogue Plymouth Mills com— 1 Pepperel i Mfg... 100 Pilgrim Mills .100 8uissett Mills 100 ich Borden Mfg— 6 22 25 14 16 80* io7o£ 100* 10?* 20 96" 91 20 4 3 19 68 23 X 71 2 3 8 89 21 Mills .... Graniteville Co...20 (irenuel MillsPreferred..— 20 TTamrtck Mills 36 25 8 Lead Knit 5 7% preferred .100 Hartsville Cot Mills. Henrietta Mi lis— 4% preferred— $3 prior pref..... Highland Pk Mfg 20 6% preferred Imperial Yarn Industrial Cotton Mills pref 40 42 12 Bulolo Gold 15 114 116 87 Callahan Oo 1 1 A 5% preferred—50 Mohawk Cotton Mills.. 100 100 Copper Corp * 28* 28* 20 25 100 19* 19* 22 Majestic Mfg Marion Mfg Co May Hos'y Mills J $4 preferred * Mills MHI pref.. 100 22 50* Monarch 35 81 30 Appleton Co * Mills.... 25 Avondale Mills....! 28 4* 3* 89 35 6 5* 9* 13* 3 114 2X 1* 104 7% preferred 100 7% preferred.. 100 Perfection Spinning. Pickens Mfg Piedmont Mfg—.20 Poc <K W) Mfg.. 100 RanloMfg ...10 7 % preferred. 100 Riverdale Mills— 7% preferred.. 100 50 80 55 85 98 101 60 65 . 83" 25 27 6 4 * * 25 Common 6% preferred.. 100 IX a 23 1% 52 58 65 4* 8 Print Wks—. Homestake Mining common 12 * Howe Sound Co.. .5 Hudson Bay Min A Smelting • Idaho Md Mines.. 1 Illinois Zinc • .... 20 Copper Mining. .1 Island Creek Coal. 1 Internatl $6 preferred 1 Isle Roynle Cop..25 Jardine Mining.... 1 7* 8% Kennecott Copper.* 10 12 . 89 93 King David Min.50c Kirkland LakeOold 1 • 10'' Startex'Mills. .20 Sterling Spinning.. Spinning Class B pref 6 8 99 20* Amer Title A Guar25 Bankers Bond A M ortgage Guar. • Columbia (D O)—.5 „&() 6*% pref—100 Victor-Monagh'n 100 7% preferred.. 100 Victory Yarn Mills— Ware Shoals Mfg 10n see 22* 6* 83 118 20* Kmnlre'Pitle AOiiinit 2* 21* 1* 33* 19* 49 54 55 * 82 17 .X 87 18 Lake Shore Mines. 1 31* Title 14* 103* 15 % 5* 8* li* 17* 5* 5* 10* 3* 26* of New York West 12 41 Abbott 9* Lab'tories * 4 * % conv pfd 100 Abbotts' Dairy * \berernmbe A Fitch 45* 34 Common .......1 $0 preferred —.75 Aberfoyle Mfg_-10O Preferred. 100 Abitibi I'ow A Pap 6% preferred .100 'IS 6* 10* 7% preferred.. 100 4 \branam A Straus.* Vme oteel 2* 27* * 1* "IX Acme Wire \dams Millis 40c 30* 30* 15c" ...10 * \ddressograph Multigraph Corp 10 Advance 15 % 3 Aeolian Co— Aero 15* 2* Rumely..* *6 14* 14* 62c 68c 4* 30* 32 35 36 4* 8* * 3* * 3* 1 5* Supply Mfg— Class A..—.....1 Class B 1 Aeronautical Corp.l 21 5K 4* Warrants X 8 Preferred .100 Aetna Stand Engine* 1* 63* 26* 18* * 39* .....100 Alnsworth Mfg....5 40c Mines.. 42c Aircraft Accessoriesl .....1 5*c 14 Old Dominion Co.25 Oklahoma Interstate 13c 6* , 6* \x ne w -surpass Shoe r r 11 5 TYeferred 105 Air Associates Aircraft Precision. Aircraft A Deisel Equipment. 10j| in 11* 2* 3* 4 3 1 "5* Airplane A Marine Mining Com..25c Preferred B.—.50 7c 1 15 Agfa Ansco (Del). Common Nlpifwing Mines...5 6* 22 5 5 Aetna Rubber- 17* * 38* . 12 industries Technical Inst 82* 26 1* 10 6% preferred A.50 )ero 71 Ohio Copper of 44 2* 50 B Stove...——.* 6 25c 5 65 118 ..20 Jersey Title A * 123 Newmont Mining. 10 N Y A Honduras Rosario. ..—10 Utah Trust 20 North Butte... 2.50 61 A 5* INDUSTRIAL AND Canada Mt City Copper..5c National Tunnel and Mines com. New Jersey Zinc. .25 Noranda Guar Guar Co Lava Cap Gold Min J Louisiana L'd A Ez 1 . 8* 150 Real Estate (DO) 100 Col 0 8* Mclntyre Porcupines Miami Copper....5 Mining Corp of 86 124 * 13* . 1* Magma Copper 49 Union Buffalo Mills Common 10 1st 7% pref... 100 2d 5% pref inn Called for redemption; x Ex-dividend. 8* Kildun Mining.... 1 Uon*h«»rn wvuvfng.* Southern Webbing Mills .10 Southern Worsted 1st mtge notes . 16 MISCELLANEOUS 100 • Southern Franklin Process com vlills. Copper Co.. 100 Preferred. TITLE GUAR ANTEE A SAFE DEPOSIT STKS 83c 106 Hecla Mining...25c Bollinger Mines 5 "§" 104 A Kimball Bldg Tr 100 e Greene Cananea 70 106 Smyre (A Ml Mfg 10 7% preferred Southern Bleaehery 18* t New stock, 18 44 5 1st M 6s Jan 1941 WalUce Mfg Co¬ 94 27* 50 7% preferred.. 100 Without pv v-due. Fiftv Associates (B).\e Hotel Tr(Boston)100 e Inspiration Cons 48 90 18 44 100 25" Riverside A Dan Kiv Thomaston Cotton Mills common. 100 8 30 93 75c 15 8 Power common. .5 Textiles Ine com.. 10 Class A pref.—100 17 7 6* 28* * Granby Cons MSA 1Q ... 80 45 100 Cycle OorplO 60 Spartan 62 Golden 65 A~ " 1 Rowan Cotton Mill)* Brandon price, mrnmrnm 60 Saxon Mills..... 61 78 B 19 16 Newberry C M..100 7* 11* 35 >1 4$ 27 Goldfield Consoi Mines.... ...1 98 Ml lis (SO). 25 Preferred..—— Bibb Mfg 100 7% preferred.. 100 Burlington Mills—. I Calhoun Mills....50 65 60 Zinc. Inc .1 Federal Mining A Smelting new...2 General Tin £ 52 33* 31 25c E vans-W al lower 95 46 7* 9* 29 49 58 40c City R E T (O)..500 e Congress St Assoei-| ates (Boston) .100 e Factory Bldg Tr.100 e 1* 7 % preferred. .100 50 31 93 7% preferred Corp A.100 60 2 Nat Yarn Mills I'acolet Mfg 1 Beaumont Mfg. Bel ton 53 Morris Cot Mills 112 1* Eagle Pk h Lead. -1 f* Preferred 100 Evans Wall Lead— Musgrove Cotton srowe Preferred .100 Arcade Cotton 12 Orr Cot Mills...100 Anderson Cotton .100 55 See Indus. Stocks Mills .100 Mooresvllle Cotton. 10 * 7% preferrpdlOO American Enka American shares.* Amer Yarn A Pr >c_- 100\e Chic R E Trns's. 100 e 25 Clear Creek ConsCommon... ..10c Clemenceau Min 25c Consoi Copper 5 Cons Min A Smelt .6 50 11 Mock Judson Voe— 49 * 50 116 17* Boston Wharf.._100 e Cent Bldg Tr...l00 e 123 42% 25X 1* Bd ofTrBId Tr.100 e Bos Or*d R'T Tr 100 e Bos RET (Bos). Bos Stor W'h'se.lOO e Gold Min A M..1 Dome Mines Ltd..* Southern Mills Abbeville Mills 5 Acme Spinning Alabama Mills....* 1* 7* 5Cc Oresson Consolidated 37 * 13 REAL ESTATE TR A LAND STOCKS 3* 25 A Wayne Knit Mills.5 4* "3* 27 55 10* 4* 1 Copper 73 100 * Preferred ......10 Wright Hargreaves Mines Central Eureka Cerro de Pasco 23 9* 103 33* 7* \\* Chief Consoi Min.-l Chile 100 66 X 30 ...100 Zino-Lead 42 30 7% preferred.. 100 United Elastic * Utlca Knitting...50 4* 5 Calumet & Heola..6 Central Am Mines. 1 isT" 45c White Knob Copper Copper & Co Utah Meta' A Tun. 1 Walker Mining.. 1 13* Butte 13 46 2*h 13 Bunker Hill 6 Sull'n M A 02* Zinc 1 1 Tonopah Mining..1 Union Copper Land A Mining.. 25 Plate 15 37 Limestone Cot Mills Lin ford Mills 83 30 * 6% Copper Canyon. 10c Copper Range • Cornucopia Gold.Sc Laurens C M 33 79 25 19 15c 14 18 "9" * 5 ing. Ltd Mlning.lOc Tintic Standard Washington Tin 1 27 69 12 Dredg¬ 16 41 22* 10H 1 23 95 30 22* 22* Bralorne Mines Ltd* 37 10 Consoi Mines Bo! Inca Mining 42 9* 27 J* $5 prior conv pf 25 Anaconda Copper Mining Co 50 >nde« Copper M.20 Bagdad Copper.—5 Black Hawk 82 Hanes (F H) 40 6* 45* Sunshine Teck Hughes 1 6* 23 35 27 4* A 37 23 27 Sagamore Mfg (F R) 100 Sanford Mills.... * Skenandoa Rayon.* 5 % preferred. . 100 Soule Mill (M Bj .100 Tubize Chatillon..l * 28 ZinC Smelting Kins: (J P> Mfg .100 Lanett Bleaehery A 38 X 351 71 19* Canadian — Amer 22 22 17* Class - 14 104 . 10 1 Silver-Lead. 1 Stand 4* 10 19 Preferred.. —..20 Mills - - snares. Joseph Lead 5 Silver King Coal...5 Gold Mining 19 Shops M. Vlaska Juneau Judson Mills A pf 100 lVeferred B 100 19 Wamsutta . 32 Gainesville Cot MMIs Glenwood Mills. 100 Ltd Amer St Anth Gold M...1 Shattuck Denn iff* 8 17 Utlca 17* Quincy ...25 Roan Antelope Min 125 30 So Am Gold A Plat. 58* 56 Common -...-__* Class 58 15* Pocahontas.....* Premier Gold M...1 Preston East Dome 1 STOCKS Inman Mills deferred See Borden— Roxboro KnittingPreferred ..3 Saco Lowell 53 Pond Creek 66" 146 St MINING .100 10 Z* 1 Pioneer Gold Ltd-.l Polaris Mining. .25c 79 12 Fulton Bag A Cotton Mills * pref 15 77 56 9 12 29 New Bedford Com class 49 310 Conv Enterprise— 11* 6% preferred^. 100 preferred 4 * Preferred in° r 60 Montreal OottonslOO f 112 Preferred ton 50 Penmans Ltd com. * r Preferred 100 r 29 Wabasso Cotton * r 11* flint Mfg Co 10 7 % preferred Florence Mills...100 7% 3 Amer shs ctfe—10 Pato Consoi Gold Dorain Text Ltd IX HosierySee Indus, stks Dwigbt Mfg.—12* Eagle Yarn.. Sasley Cotton Mills 7 % preferred . Eflrd Mfg 100 Park-Utah Consoi Mines __1 Patino Mines A Dredging (laffney Mfg.....50 28* Naumkeag Steam Cotton Can Converters. 100 Can Cottons Ltd 100 Preferred 100 20 mm 120 98 Durham mm Consolidated....1 Canadian Mills 12 10 Tin 26 Woodslde Cotton.20 Dtllas Mfg (A.a) 100 D rivtoo \ffg(SO> 5 49 Pacific Bid Par Oriental Consoi Mining.... mm 7 25 —... Dye Works com 10 Nashawena Mills..* Nashua M (N Hi 100 P eferred 75 66 55 15 Drayton Mills.. Dunean Mills mm mm 5 60 99 93 62 Mtge 6s 82 7* 117 Stocks 115 Wiscassett Mills 43 17 share Mills * Preferred .100 West Point Mfg..20 Winget Yarn Mills 19 49 5 ... 92 II Ask Wfcliiogton 88 15 70 75 Srwin Cotton....20 ..... 80 7 92 37 Mills— Preferred 100 Cabot Mfg..... 100 5* Washington MillslOO 37* Common 100 0<>nverse (D El. 100 Orescent Spinning 88 15* Stocks Per ehare 23 | 25 36* Bid Per Ask 5 4* Borden (Richard) Mfg Co com Border City Mfg 100 Botany Worsted— | 4* 25* 3* 2* 33 Boott Mills Bid Chiquola Mfg....20 6 % preferred ..... Oltrton Mfg (SO) 100 Ollmai Spinning .50 Columbus Mfg (Ga) Pine Spinning Oo—.* 6% preferred • Brighton Par share TEXTILE STOCKS possible for the cloning day of the month preceding the data of Irnne an» an near aa * 14 1 Direction Finder 1 17 Airplane Mfg A Sup 1 1 1% Keduc'n com..* 41 41* 99 Air 44 .x Air-Way 104 98 page 111. Electric Appliance * x 101 ePurchaser also pays accrued dividend. / Flat price k Last sale, n Nomina INDUSTRIAL 86 MISCELLANEOUS & Stocks Stocks Ask Bid Par Bid Par Per sharp 54 Albany Packing. 100 Preferred 100 Amer Metal Oo AJben-ne Stone of Va American Meter 1.10 27% Amer 30 13 7 8 59 63 22% 22% Altentowz. Portland Oement pref 10 Alles & Fisher * Alliance Realty Preferred Allied Ohem & 5 100 Dye Corp common * " Allied Kid Oo com Allied Mills Inc 105 - - 9 4H% 162% 9% 12% 164% 10 13 5% 68 69% 33% 53 - - 14% 14 8 1 6% conv pref..50 Amalg Sugar 1 Corp Amer Agric Chern.* Amerada Amer Air Lines...10 American Arch * 115% 17 5% 78% * Class B _* Am Bank Note 10 6% preferred... 50 Am Bemberg com.* Preferred 100 Preferred . 45% 47 Am 56 15% 56% Am 29% 33 58% 55% 7% 40% 16% 60% Preferred * Amer Wind Glass- 96 98 44% 18 % 6% . 5 1 A.Brake Sh & Fay Common 5% % * conv pf. 100 American Can 25 7% preferred.. 10ft American Canadian Properties * Am Car & Fdy * 7% preferred.. 10< Amer Car & Fdy Motors Preferred pref 100 . Chicle * American Cigarette Cigar Oo — « 7 66 13 7- 6% Anaconda Wire & Cable common Commercial Alcohol com...20 Am Crystal Sugar 10 25 91 112H Foamite Corp 10 Warrants Am Laund Mach.20 Amer Locker class A* Class B • Amer Locomotive.* 7% preferred-.100 Amer Mach & Fdy.* Am Mach & Met..* Am Maize Prod...*' 4% Aircraft Beech-Nut Pack. .20 Belding Hera'way. _ Bell Aircraft 9 * 1 Bellanca Aircraft 1 Bellows & Co A..10 Belt RR & stk Yds 108 . 4% 45 46 7% preferred. .100 35 95 4% 12% 11% 37 Equipt Corp.-l 8% 4% 13% 11% 39 Elec. 10 Artloom 2 „ 2% 12% 4% 10% 1% Asbestos % 2 61 5% 12 1% 1% 2% 63 27 16 16% 102 23^ 22% 30% 4% 31 29 32 53% 1% 21 3% 24 2% % 16% 10% 1% 15% 70% 13 2% 16 5% • 14% 4% 12% 1% 9% 4% 4% Ashland Oil & Ref.l Assoc Brew (Can).* 7% preferred-.100 Dry G'ds 1 6% 1st pref 100 7% 2d pref...100 Assoc El Indus Ltd Am dep rets ord Assoc 3 % 17 13% 2% 15% 71% 13% 2% r 16% 5 4% 80 6% 1st pref...100 41 4% conv pref. 100 Atlas Drop Forge. .5 Atlas Plywood .* Conv preferred_20 Atlas Powder * Atlas pref-_100 Tp.ck * conv % % 6% 2% % 10% 13% 21% 107 3% 15% 22% 64% 117 6 14 $5 cum prior A..* 18 _ -. _. 50 7 % preferred- .100 Bigelow-Sanford Carpet com * 1% 3 Preferred 100 Billings & Spen.__25 Bing & Bing __5 1% Bird & Son Preferred 11% 14% 21% 108 3% 15% 23% 68 120 6% 2 17 3% 19% 1% 31% 21% 100 Class B 36 3% * _ 37% 100 Brillo Mfg Class A 11 * 33H * Brinks, Inc 85 25 25 Bristol Brass.. 48 44 Bristol-Myers 5 Brit-Amer Oil Ltd— Coupon 13% shares..* 7 Ordinary bearer £1 Brockway Motor 7 4% 3% 17% Truck com 10 Brooke (E G) Iron.5 Brown Co 6% pf.100 ] 2 Class A pref.—.* Forma n 7 25% 27% 2% Brown & Sharp Distillers Corp..* 32 1% 188 Manufacturing- 50 108 29" 28% 112% 10 23 Brown Shoe 28% 7% * Bruce (E L) Co..-.5 7% preferred.. 100 115 24% 3%% pref....100 Bruck Silk Mills.._* 106 112 103% 2% % 112 Collender Co $5 preferred k 39" 3 Brunswick-Balke- 2% % 36 40 8 12 4% 5% 111% 7% 18% 3% 5% 5% 120 8% 4 17 53 55 54 55 1 1% 31% 31% * Bucyrus-Erie Co..5 7% cum pref.. 100 Buda Co com 100 Budd (E G) Mfg..* Buda wheel. _..._* 7% preferred--100 Bullard Oo Bulova Watch * Burdines Inc.. 1 Preferred * Burger Brewing... Preferred. 1 1% 23 33 91 Brunswick Site... 10 Buckeye Pipe L..50 Biu-keye Steel Oast * 6% preferred--100 50 1% 37% 19% "9% 109 112* 4% 55% 5% •ii* 30% 8 43% 2% 46 Burkart 7 4% 22% 7% preferred. .100 19 15 * 31 39 i,F) Mfg Common .1 $2.20 preferred. _* Burma Corp Ltd— 27 32% % % Am dep receipts- * 5 Birdsboro Stee Fdy <k Mach vm * Blauner's common.* $3 preferred * Biack& Decker Mfg * Blaw-Knox Oo * Bliss & Machine 7 5% * * 90 93 Burry Biscuit. 12 He 9 10 Bush Term Oo com 6% preferred 4% 37% 29% 1% 5% 6 - _ 31 2% 17 78% 123% 2% 75 11 38 79" 123 % 3 80 11% 39% 1 * 7% debenture. 100 Bush Term BIdgs— 7% pref ctfs., 100 Butler Bros ..10 5% conv pref. .30 Butterick Go__ * Preferred — .50 Byers (A M) com. -* 7% part pref—100 Byers Machine...-* Byllesby class A * Class B 8 7 Auburn Cent Mfg. * 4 % preferred 50 Austin Nlch & Co..* Preferred 50 Best & Co * Beth Fdy & Mach.* Beth Steel (Del)...* 75 At! Gulf & W Indies SS Lines.. 1 5% non-cum pflOO Atlantic Refining. 25 Beryllium Corp * Bessemer Limestone B/G Foods Inc * 7% preferred-.100 Bickfords Inc * $2.50 preferred..* 75 37 Burroughs Adding „ 70 Preferred Burns Bros Coal.. Preferred 109% 6% 6 1#4 .. 2 5% » common.. & Cement com._l 1% A* Brewster Aeronaut'l 1 Purchase warrants Borland Shoe St * 7% pr \erred--100 13 11 5 Brewing Co of Am.3 % 13 7 registered £1 Assoc Laundries * Associated Rayon.* Atl Coast Fisheries. 1 Atlantic Co A....50 Class B .com * . 54% 1% 22% 4% 25% 1 5% 7 1 niture 102 82 Mfg com.l Preferred 8 6 Corp 7% preferred-.100 Art Metal Constr.10 Art Metal Works-.5 Asbestos Corp Ltd.* 6 4 Class B 33»»c Benson & Hedges * pref 14 Braniff Airways.2 H Breeze Corp 1 Preferred ___* Brown Rubber——1 Home Appliance cl A..5 Conv * 25 Berkey & Gay Fur¬ Mart- Hegeman Arrowhead Petrol-.1 *Without par value. 37 4% 7% Arrow 116 35 * $1.50 prior pref. 10 Amer-La France & 35 % 2% % __* com 30" Brummell Ties Tnc 96 3% 25 .... Beech preferred..100 Aro 12 99 Amer Insulator Beau "2% lst preferred-.100 2d Bendix 8% preferred.. 100 pflOO 30 ~2% 1 55 2d preferred-.100 Amer Hard Rubb.50 non-cum 28 % 2 * x-w Warrants 36% Furniture.....1 6% Bearings Oo (Am). 8 50 . 11^ 3% 5% 2% 2% 52 Forging and Amer Home Prod.. 1 Amer Ice Oo .__* Mfg common..25 Beatrice Cream-.25 $5 preferred w w_* 36 12 Am-Hawaiian SS.10 Am Hide & Leath. 1 6% preferred 50 9% 3% 4% 14 * common.—. Beaton & Cadwell Arnold. Constable.5 Arnold Print Wks_» 5% preferred 30 80 Amer Hard ware..25 5% preferred-. 100 Bayuk Cigars 7% 1st oref 100 Armstrong Cork.. * Armstrong Rubb A* . _ 9 . Bausch & Lomb Optical com...10 Pref preferred Boyd-Welsh Inc Boyertown Burial 10 12% 12% 3% 75 Am Hair & Felt...* 1st preferred-.100 4 2d 15 100 100 3 Am Fabrics, pref 100 Amer Felt common * Preferred 100 Am 2 t c 12 33 12 . 10 Bondhold¬ ers class A 65 Bowm Bilt Hotels— Common. __._-_* Brown 35 % 73% 1% Preferred - 68% 8 Ark Fuel Oil pref. 10 Armour & Co of Del 9% 2% Amer Fork & Hoe. * Am Fruit Growers.* 4* 27 1 68 4% Oommon 50c Amer Export Lines 1 com 1% Oommon 5 $6 conv pr pref..* American Encaustic Tiling Co l Amer Export Airlines Socket 14% v 35 Brown Fence & Wire 5% Oommon .50 Preferred 50 Bender Body com 5 Bendix Aviation.-.5 Amer Amer 14 113 6 75 14% 11% * Preferred Pref 105 % 9 6% Bauraann(Lud)com* 32% guar pref.-100 Armour & Co (III)— 5% 22 5% 2% 14% * Class B 28 * Hocking Corp. new. 12 H $5 div pref * Anchor Post Fence-* . 20 1 6 36 Brit-Amer Tob reg£l 2% J* 5 Bathurst Power & Paper A Anchor G1 Refining. 1 Batavia Body Bath Iron Wks 5 70 Amer . American shares.. 200 5% preferred.. 100 Distilling pf 10 Amer Dist Teleg * 7% preferred-.100 Amer Dredging__100 9% 47% 8% 2% Trading Arden Farms v t c.l 83 partic pref___* Argo Oil 5 Amer Coal (N J)..25 Amer Colortvpe.. 10 10 9% 47% 6% 1% * ArcturusRadioTube* 21* 115 Class B Bartgis Bros com.. 1 6% conv pref. .25 Basic Dolomite .1 131 H 100 5% preferred... 10 2d series 10 100 28 10c 10* 5 Barnsdall 2% 8% 6% 26% % 10% 2% 8% 2c 5%% pr"e?..;;;50 Barkley Grow Aircrl 8% 1 6* 25 Barlow & Seelig cl A5 Barnard Aviation.. 1 4 U2H 1 8% 6% 140 6% 1st pref...100 Am Cyanamid A.lft 8% * 11 23% 1V2% $6 preferred--.100 Bourjois, Inc. * $2.75 cum pref..* Bower Roll B'r'g..5 7 % preferred. 1 Bros 6% 128 % 53% 100 Preferred 4% 65c' % Stainless com.. ' Briggs Mfg * Briggs & Stratton—* Brill Corp class A..* % % Barium 10% §6" 3 20 % 108 28 53 100 Amer * Barnsdall Oil Audian Nat Oorp__* Angostura-W uppermann Corp l Anheuser Busch_.20 Animal Trap. * Antilla Sugar 100 Apex Elec Mfg • Applied Arts 1 Appolio Steel 10 A P W Paper 5 A P W Prop cl A... Archer-Dan-MMI'd * 2 1% 27% .100 Amer Centrifugal.. 1 Am Chain & Cable. * & 175 100 Amer Carmei conv 99 37% 131% 100% 177% * com Preferred 5% 36% 128% 5% Wringer * Writing Pap I* Amsterdam * Prefe-red. Bardstown Distill—1 Bareco Oil .5 Steel 15 100 Boston Wharf. ..100 Boston Woven Hose 6 Rubber com. * Bridgeport Brass * Bridgep't Hydr'lic20 Bridgeport Mach..* * 10 Barber & Ross 12 7% preferred-.100 40% 6% 5% 10% Barker Storage Warehouse Warrants 2 28 * PreferredAm Woolen Co. Amer Amer 35 63 3 1 23 #4 35c 100 Common 8 1 6% 6% Bancroft (J) & Sons* Preferred 100 Bankers Industrial— 155 3% . Class A 57% % % Transformer. 10 Type Found. 10 7% preferred-.100 Warrants Baldwin Rubber 16% 27 26% 6% 5% 25% 5% Gravel Pref.... 50 Casket- 3 11* for com_..13 c 76 76 150 3 6% preferred. .100 10 97% 59 Vk* 1st preferred—100 100 76% .75 Am Vitrified Prod_* 39 15 60% Am Tobacco com_25 Common B 25 Vt 56" Service cl A. Barber Asphalt 14 13% 72% 34 % 50 1% 12% 15% 25% 12% 14 Tob—* _ 7% preferred...30 72 Amer Television 1 Amer Thermos A__* 52 Baldw Loco Wks__* , 3% 28% 15% Laughlin 5 Preferred 30 Bliss (E W) Co 1 6% conv pf 25 5% conv pf 25 oomingdaleBros.* Blumenthal (Sid)..* B17% preferred—100 23% 92 4% % 9% 24% 5% — Preferred • - - 7 3 6* 43 if* 20% 8% 18% 32 35 19% 14% 15 22 H 23% 22% 21% 12% 7% 75 15 8 84% 12 5% 18% % IVx 8% 1 8% 67% % 70 10c 20c 8c 2 18c 3 50c 5% preferred...50 Oalamba SugEst.20 Callite Tungsten. .1 50 Cambria Iron Campbell (A S) Campbell Wyant Cannon Fdry 1 <fc * % % 17% 50% 11 2% 56% 5% 14% 1 Canada Bread 100 97 Class B pret 50 Canada Oement.lOO Preferred -100 37 Preferred 3% 62 Canada & Dominion Sugar Co Ltd—* see page 111. k Last sale. nNominal. rCanadian price, tNew stock* 12" 4% 18% % 12 Calif Pack Corp.. % 2% 11 * Cable Elec Products Vot tr ctfe .50c Br yon Jackson Oommon 100 c: 1% 8 o 10 1 Byrndum Corp 100 7% % 2% 15% 19 aOalled for redemption; 28% 106% 33 Borne Scrymser—25 Boston Sand & Boston 3 19% Borg-Warner Oorp.5 Bow-Bilt * 100 6% preferred. 91 3% 28% 14% 94% Balaban & Katz..25 Baldwin Co .8 146 13 % 13 12 39 14 85 Baker Chemical.. 205 25 12 38 1 Preferred 28" 105 57 25 - 2% tation Corn—-.1 31% 58% 24°g Aviation & Transpor¬ Ayrshire Pakota 180 American Stores * American Stove * Amer Sugar Ref.100 3 % 19% 4% Axton-Fish Tob A10 Class B 10 Preferred 100 ill* if* 17H 16 Babcock & Wilcox.* 57% 144 H 6% non-cum pflOO 1% 12% 2% Am Beverage Corp. 1 7% preferred 5 American Book. 100 Amer Bosch Corp. 1 Amer Box Board..l 30* 142* Am Thread 5% pref5 100 84 5 17 Aviation Capital.. 1 Aviation Corp 3 Colliers Corn Snuff..25 1m Sumatra 17% 6% Bakeries— Class A 69 20% 5% 24% 11 Publica'ns pref Borden Oo 15 4 15% 4% Avery (B F i & Sons 5 6% pref w w—25 Pref ex-warr.25 5% 8% 7% preferred.. 100 158 116 162* ii* 7% 21% Amer Steamship. 100 Am Steel F'dries * . 17 Ltd leather 17 2 6% preferred-.100 68 pf 100 Razor— Seating.. * Am Ship & Comm.* Amer Ship Build. _* Am Smelt A Refg..* 7% preferred.. 100 34% 13 156" 6% preferred..100 11% Amer Allis-Ohalmers Mfg Alum Goods Mfg.. ' Aluminum Indus.. 3% 7% Oommon ...18.50 American Screw.100 American Sealcone.5 Amer Seal-Kap 2 American 1 3% 16% 2% 19%, Bond Stores com.-l Bonomo (Joe) 1% Automatic rtefrig.10 Automat Vot Mach * Warrants conv Am Safety 15% 7% Altorfer Bros com.. Oonv pref Aluminum Co com. 2 5 4 2 share 16 Bohn Alum & Br..5 Bon Ami com A * Common B * 10 1 $1.50 conv pref 25 Class A com—25 15 146 cum Per 28 7% Bid Par Boeing Airplane..-5 Bohack (H O) com.* 1st preferred-.100 Bohack Realty pflOO 71 25% 6% preferred.. 100 Finance 10 Automatic Fire Alarm common .25 Automatic Instru¬ ment common—5 Automatic Prod—5 Stocks share 12 61 Auto 72 4 * 50 pref 100 7% 22% Alloy Oast Steel Aloe (A S) Co 20 Alpha Portl Cera.. • Autocar Co com. .10 1 Stand Sanitary.. 3 15% 7% Common 5 Ask Per 10 Automobile Banking 65 Am Republics com 10 Amer Rolling Mill 25 9 7% 2% % 2% 21 5% preferred.. 100 pref Partic 25 10 Amer 30 3% * Amer Pulley Amer Radiator & - - 5 Allied Stores dorp. * 108 30 24 4% Am Potash & Chero * Amer Products Paper Mills .1 Allied Prod (Mich)— Allied Araal * .5 B 85* 17* Amer Pneu Serv...* 2% Allen Industries.. .1 Aluminum 23 28 5% prior pref...7 .100 conv Optical Class Allegheny Ludlum 01 A 28 H Amer Piano class A* 5 Algoma Steel com.* Preferred 100 Oommon 100 * American News Oo * Alexander Dept Stsl Alexander Hamilton Inst 8% pref—100 Steel Corp Preferred * 6% conv pref..100 4 3% 5 Vot trust ctfs llberta-Pacific Grain class A—* Preferred 100 % Maracaibo._l Amer 90 86 69 100 5% pref Bid Par sharp 19% Am Mfg Oo com. 100 6% 5% Alaska Pac Salmon* Stocks Ask Per STOCKS month preceding the date of issue Quotations for all securities are as near as possible for the closing day of the xEx-dividend. 1 2% 4 12% INDUSTRIAL OCT., 1940] Quotation* for Stocks Bid Par Ask Per 13 5* Stocks Class A • Class * • 873* Hark Controller Canada SS Lines. _♦ Preferred 4 Canadian Airways. * Canadian Bronze. _* Preferred 100 Canadian Canners.* Canadian Car & Fy * Preferred 25 Canad Celanese—* Preferred 100 ~~ Preferred. 57 Bronze 1% r Mach 6 8 r 12 % 313* 124 5* 83* Canadian Dredge & Dock Canadian Foreign 4 55* 103* 43* * denum Co 293* * 2 100 6 * 9 Cream of Wheat Pea body—* 102 137 140 * 120 130 * 60 1 26 1093* * Class A__ * 59 Coca-Cola Intern..* 13* Coca-Cola Oo 100 145 152 Cockshutt Plow Class B 100 145 150 * 90 140 Cohen (Dan) Co...* Cohn & Rosenb'ger * * 8 Preferred Can Locomotive Capital City Prod.* 93* 93* 95* Carbon Monoxide * 7 9 Collins & Alkman.. * 107 113 5% conv pret.. 100 Carey (Philip) * 6% preferred-.100 5% preferred.-100 Carlb Syndicate.25c Carman & Co A * Class B 53* 85 5* Co • 35 Oasco * 313* 85* 73* 73* 553* Case (J I) Co 100 7% preferred--100 52 Holt's Caterpillar Tract. .* Celanese Corp * 7% prior pref-100 1st partlc pref-100 pref--100 Celluloid Corp—16 1st preferred * $7 preferred * Central Agulrre cum * Associates Airport 1 Central American Plantations .—100 — Cent Foundry com-1 5% preferred--100 Cent Ir & Steel..100 Cent Ohio St Prod. 1 10 1193* 122 123 7 Columbia O & G 79 26 253* Parts Oompo 73* 8% 83* 5H 3% "23* $3 323* 2% 22 21 25 4 100 Preferred Char is Corp 119 Cab 10 Mfg.6 * com. Preferred _ * Cherry-Bur Corp. .5 Ohesebr'gh Mfg..25 Chesapeake Paper 5 Board common--* Preferred Chester Pure 50 Stk Yds .100 5 Chic Pneu Tool * $3 conv pref * $2.50 prior pref..* Chic Ry Equip 25 Chic Rivet & Mach 4 Chickasha Cot O.10 * com Preferred Chilton 100 10 Co Chrysler Corp 5 Churngold Corp Cinci Cincf * Advtg Prod..* Bali Crank. .5 Cin Tob W'house_25 Oin Un Stk Yds.. • CInecolor City Auto Stamp..* City Ice <& Fuel * 6H% cumpf..l00 •Without par 10c t v 33* 73* 3* 95* % * * 8% preferred..100 Continental Can. .20 $1.50 preferred. .* 81 39 1133* Oont Diam'd Fibre.5 63* 35* Cont'l Oil (Del)...5 45* 53* Preferred nH 3* 113* Oont Screw Special pref $4 preferred * Cooper Bessemer. _* $3 prior pref.• Copper weld Steel. .5 12 25* 93* 3 5* 78% 4% 23* 103* 43* 7 * P't & Varn..* Conv 5% nref._50 Cornell-Dubilier Elec Corp com..l Corning Glass Wk 10 79 5 8 Preferred 6 9% value, a 13* 63* 93* 863* conv A 5% conv 33* Called for redemption; see page 65c 60c 80c 93* 173* . 113* 183* 13* 123* 13* 3* 203* 223* 15* 133* 2 100 5% conv pref_100 Indus Am shs Electro Bleach Gas .* Electrol Tnc com 1 Electrographic Diamond T Motor Electrolux 106 3* Eljer Co Elk Horn Coal % % ylt 363* 143* 5* 365* 145* 5* 285* 30 24 28 3* 1 26 29 3* 3* 12 14 9 73* 5* 15* 285* 28 33* 35 49 * % 1st preferred-.100 Dreferred—100 ■1H 100 Emerson Drug—2 3* Class B 23* preferred _ _ 25 Emerson Elec Mfg-4 Preferred 4 15 Em-co _ 100 "83* 85* 36 _ 3* 5* 35* Tinplate * Derrick 5 Endicott-Johnson_50 5% preferred..100 Equit Of ice Bldg..* Esquire Inc 1 Eureka Pipe Line.50 Eureka Vac Clean. 5 Evans Products —5 •- r 49 5* 1 33* 2d 14 3 Nominal, * com 383* 1113* 119 n 153* 47 2 15 115 120"" 95 185* 175* 175* 273* 33* 843* 185* "35* Empire Sheet & 100 £ Last sale, 15 5% cum pref 50 5% prior pref-100 it 111. Inc.l 283* 393* 34 Preferred Corp—1 Electromaster 77 Dictograph Prod__2 Diesel Equipment.. 1 ' 1 28 2 14 65 Corp 72"" Dictaphone Corp..* 1 15 13 62 9 Ely Walker D G..25 1st preferred-.100 12 t 33* 4 333* 55 1 Preferred. a 33* 35* * Elgin N Watch 253* 101 73* 193* 133 176 33 * Elec Stor Battery-_♦ Elec Vacuum Clean* 2d 24 1703* 100 Common Alkali. .20 6 <*% pf (w w) 523* 1 pref. .50 Eitlngon Schild 43* 63* 183* Electrical & Musical 45c * * 6% part pref.-.25 'i Diamond Shoe com * 9 50 4 13* 323* Dexdale Hosiery— Preferred 100 106 JCosden Petroleum. ; 5% preferred Sterilizer 17 Diamond * B Electrc Auto-Lite.5 Electric Boat 3 15 Preferred * 43 43* Electrical Steam 1073* 193* 595* 63 3* Common 603* 29 Diamond Match—• pref..* 132 Elder Mfg Class A 2d p eferred... 100 Dewey & Almy Chem "73* 58 Pastman Kodak ♦ \ 6% preferred. .100 Easy Washing Mach 110 8 25* 38 10 573* 16 103* East Racing Assn.. * Eastern Roll Mill.-5 Eastern Sugar Assoc Common 1 Preferred 1 13* 30 315* 53* 9H Edison Splitdorf * Educational Pict__I 100 1.00 15* Warrants Eastern Footwear .1 East Mall'ble Iron25 93* 33* 193* jCorroon & Rey'ds.* $6 1 273* 97 13 43* Edison Bros Stores_2 38 1 ,0* 14 3* 85 16 3* 31 Sept. 11 Aug. 26 31 173* "73* 25 5% prior pref—20 Class 10 176 6 13 173* 4 3* 163* 26 13*i Corn Prod Refg.,25 7% preferred- -100 ~4 ~3* 5 3* Class A (non-vot) * Common B * 102 i 63* 15* 35c 125 83* 10 10 Preferred 115 1 $1 50 conv pref.20 East Dalr es Ltd * Devoe & Raynolds— "% * 100 Eastern Corp com 10 3* 213* 243* 103* 233* 32 13* 53* 7 4 Economy Groe Sts.* Edgewater Steel * 33 Detroit Mich Stove I Common 100 12% 85 233* 1003* 3* 23* 13* 93* 005* 2" 25 Lock.. 80 Detro t Paper Prod 1 Detroit Stee' Prod 10 * 99 * com 6% pref 100 Duro-Test Corp 1 Duval Texas Sulph. * 105 6% pref w w—20 Detroit Gray Iron & Foundry com—1 Detroit Harvester. 1 60 com Eaton Mfg Co Det Gasket & Mfg.l 63* 33* 175* 5*6 75* De Vilbiss Co Cont Steel Corp 103* 40 115 84 16 Preferred 100 Converse Rubber..* $2 preferred 33 11 163* 33* 3* * Detachable Bit.-10c Detroit Aircraft—* 70 34 15 3* Preferred 10 473* 143* Cook 25 5 10 45 10 slH 100 com-. Preferred 32 y2 9 17% Cont'l Oil (Mex).-.l Cont'l Roll & Steel 1 8 "~ 63* . Baking B "75* 103* 24 18 ,mmer 23* 7 10 1133* 41 43* 223* 255* 1.3* 1 Engineering 109 23 15"" 10 343* 40 IS 22 143* 83* 313* Eastern Air Lines.. 1 $6 prior pref 50 8% debentures 100 Dentists' Supply. 10 6% preferred 100 De Pinna (A) Co— Class A ...1 6% conv oref__10 Derby O & Ref com * 17 3 5 Chem Preferred Eason Oil 103* com 23* 6% pref 25 7% pref -100 Durham Hosiery— Early & Daniel 26 3* Class A 1095* 63* 175 12 Dennison Mfg— 43* % 24 53* 1243* Eagle 93* 43* 5* 183* 143* A 210 lS* 18c 22 106 r 174 33* • 114 15* Sept. 5 225* 223* 30 124 Mills B 24 3* 5 32 31 Continental Mot-.l 9VS 63* 13* 53* 33* 1123* 13* * 23 163* Delta Airlines —100 c..25 Class 133* 943* 723* 13 y 96 13* 53* 25 com Continental 1 Inc 93 1% * Preferred 10 Chic Yellow Cab—• Childs Co 3 5 Chic & So Airlines-1 com 33* 23* Class Chicago Nipple for 3 5* 23* 1353* 3 5* 135 .20 110 Gilberc Corp 10 Delay Stores 1 Delendo Corp 1 De Laval Steam Turbine 100 De Long Hook and Eye 100 Del Rayon A com. 15 59 773* 5* 13* common. 6 Co 21 35* 763* Preferred.; Durez Plastics & 80 1 Deisel-W 23* 6 Paper 73* 13* 463* 13* 325* 73* 273* 42 16 — 87 53* & X Chic Molded Prod.l c 56 • 5% pref v t C--100 Container Corp 20 Continental Aviation 4 Chicago Mail Order 5 V t Lithograph-.* Tool uts. Warrants 100 .. 84 Common Silk com. preferred .100 3* 73* 23* Consolidation Coal— 5* 15* 113* 1065* 2 Hosiery com 6% preferred .10 Chic Daily News .♦ New 5% pref.. 100 Chicago Flex Shaft 6 Chic June Rys & Un Preferred. 7% 23* & 53* 19 Duplan 811k * 8% cum pref. .100 DuPont (E I) deN 2 12 (Allen) $6 preferred * Dunhill internat'l.1 9 Chemical. 1 Common 74 Mont Bradstreet Corp.* 68 Class A 35 Decca Records 1 Deere & Co com * 7% preferred. 20 Defiance Spark PI.* 83 Consolid'd Textile * Consol Water Power 355* Laboratories cl A1 Dun (R G) Dayton Rubber Mfg 8% preferred..100 Oonsol Royal Oil. 10 Consolidated Steel * 23 ^ 163* 3* 13* 103* 104 3* 103* * 5 66 9 100 Dubilier Condenser 1 Davennort 13* Cons Paper of Can. * Oonsol Retail Sts .l 102 335* Davison 123* 72 Cons Mach 5 213* 6% pref 100 Chapman Valve—1 42 14 823* cum Coasolidated Oil ---- Ohamberlin Metai 6 & 1 3* Cons 105 Preferred 7 Hosiery Mills com ♦ Preferred 100 Davis Coal <fc Coke 50 123* 3 3* 173* 5 3 100 Dryden Paper 19 Darby Petroleum. _5 Darco Corp 8%pfl00 Dardelet Thr'dlock ♦ Darling Stores Corp $2 partic pref—_♦ Davega Sts Corp.-6 5% conv pref__25 233* 613* 2 3* Indus. .1 7% 103* 10 * part pf..* Cons Laundries 5 3 21** Film Preferred 68 • Hammer 65* 43* 56 * k 100 393* 203* 33* pref.-100 pref * cum cum 38 1 63*% prior pf.100 7% preferred. 100 $2 $8 113* 23* 173* 133* 123* 3* 23 3* 593* 13* Pub..* pref conv Cons 53* 32% * Checker 103* Oonsol Car Heat. 100 Cons Cigar Corp..* 98 1 Cheney Bros Solvents..* 7% Cutler Shoe Oonsol Biscuit 5% 3% 3% 3% Chambersberg 100 7 20 6 r Drasser Mfg com..* Driver Harris Co_10 114 6 New preferred w i* 26 Oonsol Aircraft 17 w _ Drug Du 113* 13* 463* 13* 323* 73* 263* * * i* Curtls8 Wrighi Corpi Class A 1 18 Oonde Chain Belt com * 4 25 Congoleum-Nalrn. * Congress Cigar * Ctfs of deposit Conn Telep & Elec.l 50 8 84 Eng_.l Nast Publish $7 preferred New common 45* 205* * 2% Cessna Aircraft Paper 45* 193* 83 * * com Oomm'l 30 15 Curtis — "15* 148 * 2 1 140 Rights 25 1103* r * 53* 24 5 _ com 5 % preferred. Dow Cushman's Sons— $2 preferred 18 45 5 common c 2 91 Fibre t Mach vtcext—1 1 Certain-teed Prods. 1 Weather Strip v 100 Curtis Lighting. .2 3* Curtis Mfg of Mo. _5 Columbus Auto— 43* 2 3* 25 - 13* pref..* conv Oolum Carbon Combustion 173* 13* 195* 195* 38 1 Vot tr ctfs com..* $2.75 60 78 Preferred Cuneo Press Conv prio r pref- 68 103* 623* 128 * Dow Chem 85* 43* 20 5% Preferred .100 Oudahy Pack .30 Columbia Pictures— 73* 593* 3-3* Cen Vloletta 8ug— Eng Common-Par $10 Common..Par $50 133* Tobacco. 21 r * Common 10c 75* 43* 663* 53* 13* 63*% preferred 100 Columbia Mills. .100 29 3c 7% preferred--100 23 123* 195* 195* Centrifugal Pipe 1 Century Elec 10 Century Rib Mills.• 7% preferred. .100 6% prior pref. 100 20 Sys Inc class A 2 3* Class B 23* 205* 25* 485* * Cuban Atl Sugar..5 123* Columbia Brewing.5 Columbia B'casting * * 303* 963* 3* 33* 63* Cuban Am Mangan 2 Cuban-Am Sug 10 Chemical 43 86 * 31 18 193* 1263* 53*% Pref 100 Doubleday Doran_» Douglas Aircraft..* Douglas (W L) Shoe 13* 223* 153* 863* 303* 973* 3* 73* 73* 203* 153* 10 Cuba Co 80 260 40 conv 5 3* 213* 53* 103* 25 Baking. _* 240 53* % 79 Arms Mfg Columbia 45* 185* 25* 483* 285* 1173* 43* 263* Cuban 110 1 Paper Preferred Champion 5 4 293* r 25 Stores 155* 193* Dominion Tar & 43 25 22 Coal B Dominion 24 41 7% preferred. .100 Crystal Oil Ref * Fire 1073* Celotex Co com—* Central * Corp. Patent 13* 223* 25 6% preferred Crystal Tissue 21 Warrants Colson Preferred Castle (A M) Co--10 Oatalin Corp. -1 Central 60 * 23* "13* 13* 53* * pref * Crucible Steel...100 13 3* 33* 7 Dominican Coal pf 25 Dorain on G'ass.100 Preferred 100 Dominion Steel & 5 19" 6 3*% pref 100 Dominion Bdge.100 24 27 4 Dold (Jacob) Pkg— 45* 37 24 Doehler Die Cast--* 40 Seal.* $5 - 27 Ool Fuel & Iron Case Lockwood & Brainard Co.-100 Case Pomeroy 5 6% 10 24 common Ordinary shares.. 6% conv pref 29"" 303* 83* 63* 73* 1 — Colonial Ice B pfd_* Colon Development 37 5 1 50c 100 Crown Drug com 25c Preferred 25 Crown Zellerbach. 5 140 1 * Wire 55* 24 Products—* 27 3* 1113* Colonial Beacon Oil * 105 Carpel Corp Carpenter Steel Carrier Corp Carter (J W) Co 100 3* '<2.25 pref w w__* Preferred x-w—♦ 101 99 263* 1093* 4 103* 83* 113* 5 5 A Dixon (J) CruC-IlOO Dobeckmun Co coml Dr Pepper Co * 133* 23* 11 Dixie Ice Cream rjioco 72 32 Dixie Home Stores 106 Crown Cork Int A_* Collyer Insulated 5* 24 45* 1st preferred--100 Collins Co Collins Morris.. 83 81 ♦ Carnation 6 87 20 9% 113* Crown C'k <fe Carborundum Co.." Divco-Twin Truck.! 21 23 14 163* 703* 15* 63* 93* Dixie-Vortex Co.. 45* Prior Preferred.50 Crown Central Petroleum (Md)_5 Crows Nest Pass Coal 83* 523* 35 * Preferred 5 113* * 99 513* 203* 133* 35* 3* ♦ Crowley Milner 6 $4.25 preferred..* Eliminator ,27 1103* Colgate-PalmolivePeet common 985* 1 — lishing Co 61 33* * 3* 213* Crowell Collier Pub- 800 Class A . 170 13 25 Seagrams Ltd— 5% pref w W.-100 Distillers Liquors23* 3 21 * - Hrosley Corp 283* 65 * 273* of St Louis Canadian Croft Brewing - "35* Distillers Corp- 14 ■ Crompton & Kn'les * of Los Angeles of New York 15* 15* Crocker-Wheeler Noc Disney (Walt)— 6% preferred 2 6 23* ,"33* 160 Mfg 1 Discount Corp ..100 Di 3* 2 Creole Petrol 2% 343* 33* 23* Warrants 12 * Pref Ask share 3 differential Wheel.1 Voting trust ctfs Creameries of Am $3.59 23* 333* * com of Cincinnati CI B non-voting.* Industries 293* 23* 7% preferred--100 Coca-Cola Bottling 10 101 Oluett 14 9 13* 4% Club Aluminum Invest Corp * 8 % preferred ..100 Can Indus Alcohol— CI A voting ---- 52 Preferred 13* 53* 23* Cramp Shipbldg 5 Rights Cramp (Wm) & Sons Ship 100 Crane Co com 25 5% conv pf 100 , Clinchfield Coal. 100 15 31J* Ltd— Am dep rets ord£l Bid Par Per 50 Covered Wagon Co $1 50 conv cl A.20 343* 33 Stocks Oourtaulds 3*« 63* Hobbing com Utensil 1 3* 53* Climax Molyb¬ Canadian Colonial Airways 107 104 Ask share 3* 4% 3* Oosmocolor Corp.. 1 Coty Inc com 1 Coty Internat'l 1 Courier Post pref 100 34 1 Cleve Tractor- 4 r 100 com Cleveland 36 102 r Bid Par Per 17 323* Equip Oo—* Clayton & Lambert 4 Cleveland Graphite 20 r 3 15 1 Claude Neon Lt—1 16 183* * B 90 56- Can Wire & Cab A.* Class Hark 4% 155* 100 Stocks 63* 33* 5 Jity & Sub Homes 10 Hlty Stores 6 15 % Canada Packers Ask Per share 13% 87 STOCKS possible for the closing day of the month preceding the date of Issue Bid share 19** Can Dry Glng Ale_5 Canada Forging*— B Par MISCELLANEOUS & t securities a-e as near as Canadian price, ■ • r t New stock, 43* 53* 95* 9 42 395* 107 109 3* 25* 22 35* 73* i z Ex-dividend. 5* 25* 25 4 75* Quotation! for all securities are m near as Stocks Ask Bid Par Per 5 Ex-Cell-O 30% 1 Groc Store Prod.25c 5 Group No. 1 Oil...* Group No. 2 Oil 1 .6 3% 5% 49H Tex 1014 Fafnir Bearing— 26 130 * 7% preferred.. 100 28 Fairbanks 3X 34 X 26 Co ~6 7^ 4 40 3d 9 13 * 84 Box Corp.l 6 General 3 X General Bronze 9 4X * A... Class * ... 7 % preferred- .100 Dairy 6% pref Falardo Sugar 20 Brewery- 1 Fa raise Corp 50c Class A 2 Famous Players Can Co p com.. 1 90 93 Gen Cigar common 7 % preferred- -100 184 64 20 Gen 18 20 Fanny F'mer Cand_* Fansteei Metallurg * 23 4 24 84 124 13 X Falstaff Farben Ind "X Federal Machine Crude Oil. .214 Gen Development 20 General Electric * General Elec Ltd— Am 9% dep rets reg £1 Gen Fire Exting * Gen Fireproofing..* 7% preferred-. 100 Gen Foods Corp * $4.50 preferred..* Farnsworth Telev & Radio 1 Fashion Park com.* Preferred * Fedders Mfg 5 Federal Bake Shops* Preferred 30 Federal Compress A Warehouse...26 6% Gen 1 2X 2% 4 5% General 14 8% 11X 8% 94 25 30 34 4 36 Mills preferred. 100 Motors. .10 General $5 preferred * Gen Optical pref Gen Outdoor Adv't'g . Common A * 11 12X Class A Fed Mach & Welder 11H 13 6% preferred.. 100 Federal Mogul Federal Motor Tr. 13 X 3 13 H Welder 1 com 5 Fed Screw Works. 1 Federated Dept Sts 44% preferred 100 Federated Publica's* Fenton United Clean 3X 2% 194 24 . 18 X 88 22 Dyeing com .100 74 Refractories..* Gen 1 Shoe Steel 144 Fiat Am dep rets Fidello Brewery...1 12 X 14 X Gen Time Instru..* X 'A 5th Ave Coach 25 Filene'8(Wm)Sons .* Finch Telecommuni¬ 20 24 15 20 X cations 1 $6 14 10 ser 91 Preferred 41 43 Arrear ctfs * 100 7 _ Florence Stove * Florsheim Shoe com* Flour Mills of Amer 11 12 16 X 70 31 32" 21 22 X 1 2 4 IX IX conv pref. 100 * 1100 Preferred 1% IX ♦ Formica Insulation * Ft Worth Stk Yds.* Foster Wheeler. .10 $7 conv pref * 11% lix 11X Am den rets 13 1 X 19 X 20 15 16" 154 95 100 2 3 1 • 12 (Pe'er) Brew. 15 16 Publishing 11 X 11X * 11 _ * Francisco Sugar * Franklin Co Coal— Preferred 10 Franklin County Distilling Co 4 84 1 10 "24 Preferred Froedtert Grain A Malt common... 1 I'artic conv pref 15 Fruehauf Trailer 1 94 184 21 5% conv pref. 100 Fuhrman A Schmidt 92 com "4" $3 Preferred 10 Galveston Houston* Gamewell Co * $6 conv pref....* Gannett Co Inc— $6 conv 1 ref » Garfinckel (J) A Co A __5 * 0 34 34 24 24 48c 74 104 54 404 3 4 3 55c 74 114 264 304 54 42 44 34 364 44 54 84 144 414 14 4 42 4 50 12X 12 X 47 50% 11X 174 44 174 114 24 14 12 24 14 W 22 204 pref..50 24 9 A 1504 114 * 24 224 64 18" 4 Hercules Cement..* Hercules Motors * Hercules Powder.. * 56 Preferred Hickock Oil cl A * 154 72 ..50 54 A. * 1 com $3 preferred Gorham Mfg 55" 14 194 Grand Raps Varn.l Grand Union— Com div certifs..* Ex-div certifs * Granite City Steel.* xxt$5 Hires Prefeired ....100 $1.80 prior pref.. * 10 54 48 52 214 244 54 5 Pac Tea 994 vot com 1st preferred..100 127 99 4 128 .100 11 42 444 W'house (Ohio).* Great Nor Pap 25 Great West Sugar..* 7% preferred__1 Oh Greyhound Corp..* 54% preferred. 10 24 394 194 1324 94 3 41 204 133 4 94 59 214 184 314 114 32 104 11 11! . _ 27 * 54% pref...25 Called for redemption, see page 22 111. 24 class A Int Nickel 43 144 (Can)II* 7% cum pref.. 100 International Paper A Power com.. 15 5% conv pref.. 100 Warrants Internat Petroleum Coupon shares..* Registered shs Internat Prod.. Internat Pulp. "* . Preferred 100 Int Safety Razor B. Internat Salt Internat Shoe I Internat Silver 50 7% preferred.. 100 A 98 18 19 4 34 374 $5 preferred Interstate Dept St' 8* 9 9 Bakeries Equipment Interstate 85 1084 24 110 Holly Sugar 1. 7% Preferred.. 10P 94 105 * 24 Holt (11) A Co A Hooker Electro Chemical com.. 10 Preferred..; 100 Horder's Inc com..* Hormel A Co com..* Horn ( \ P) com.. „ Prior preferred. Horn Hard't(NY) .* 5% nrefcrrerl ion Horn A Hard'tBak * Statler com * 6% preferred ..25 7 % Preferred 100 Hotel Waldorf-Ast.l . Houdaille*Hershey— Class A. Class B * * Houdry ProcessIIlO Houston Oil 144 32 4 24 6 304 110 35 4 19 17 4 4 464 1634 Houston 1 >i| — Vot tr ctfs com 25 Vot trctfs 6% pf25 Howe Scale com 1st * pceferrpd.IIoo 2d preferred. J * Hubbell (Harvey)..5 n Nominal P-eferred__ i Jenkins Bros. 25 Cereal _* 161 14 38 Johns-ManviHe 20c » 7% preferred..1 IlOft 334 124 Johnson Tin A Metal 43 lonas A 15 3 17 .100 19 iP 22 24 lones A L&ughlln Steel common. .100 7% preferred. .100 1 Joy Mfg lst (E) pref * Sons. 100 Kalamazoo Stove A Furnace com.. 52 •¥> 6 174 lulian A Kokenge. Kahn's t New stock, 135 144 144 58 4 59 24 24 114 104 34 114 114 4 2 1 52 4 354 ;;ii 304 214 1024 29 4 20 95 4^ 34 : 74 14 234 74 84 2 254 8 85 10 64 34 13 4 4 24 84 114 64 174 54 144 4 34 •B" 24 24 13 4 14 14 24 64 16 k 15 48" 69 68 1254 1274 14 12 70 1 4 x 2 48 26 4 83 4 27 13 4 23 13 4 84 4 14 27 4 14 1014 12 184 Canadian price. 2?H 26 4 1224 46 _ _ 34 34 174 6 64 Foil Naumb'g^ >'g24 Jones A Lamson. 24 12 104 54 474 Tea . 324 xl2% 11 13 Johnson Pub 10 Johnson Stevens A * Shinkle Shoe 96 1564 364 214 8 17 20" 23 4 /10c facobs (F L) Co Jarvis (W B) Co.. ieannette Glass.. Jefferson Lake Sul Jersey 84 46 4 • Iron Fireman vtc__ Jewel 117 Field Material com 1 $1.50 conv pref_20 k Last sale, 98 104 294 24 44 3 14 25 24 153 Ironrite Preferred w w__ 25 Jackson (Byron) see s< 124 29 4 * "54 96 1084 Hosiery Ironer 10 Irving Air Chute.. 1 Irving (John) Shoe 1 13 264 84 84 Mills com Inter type Corp „ 158 84 4 25 1 14 74 314 134 104 * 7% preferred.. 1 100 Interstate Home- 4 12 100 4 Airplane Engine 10 95 29 24 4 23 4 984 1474 Vitamin Corp.. Interstate 84 24 54 24 2 * 74 314 Howard Aircraft... 1 Western 7% preferred..100 Hollander (A) A Son" 5 Holland Furnace.10 Holophane Co 13 • Brew common. Pref.. 100 (C E) com_._l Hobart Mfg A * Hotel Great Lakes Paper Griesecfieck 10 4 12 r Tnt 8 11 Internat Elevating4ft In' Harvester • Int Text Book 7% preferred...21 Common... * 12% 104 4 Interstate 24 114 94 Cellucotton..* Cigar Mach...* Internat Educational 26 4 27 % lot 22 4 Prior pref... ..65 6 fnt Business Mach. * 24 4 13 4 Hoe (R) class A..10 5 r 204 28 35 I* Agricultural.I* 7% prior pref.100 Hilton-Davis Chem Common ..] $14 preferred. .5 37 2 interlake Tron Int. "154 164 274 324 % c Interchemfcal Corp * 6 % preferred.. 1 Oft Intercont Rubber..* 5* Silk com 54 4 4 2 144 32 10 14 3 4 5 1 Hlnde A Dauch 72 8 4 8 4 2 22 54 * 10 __ 68 11 73 69 64 15% com 6% pref 112 94 124 Canada .\tl A 108 55 $5 conv pref Goodyear T A R of Hosiery 61 1st B pref......25 Hiawatha Oil A Gas Common 5 Goodyear Tire & Gotham 23 44 284 124 Common 130 20 64 22 $5 preferred ... 6 10 15 4 834 105 57 25 3 Good Humor Corp Goodman Mfg Goodrich (B F) Gorham Inc 154 794 1284 , .100 Hershey Chocolate. * $4 conv nref * ^ 1st pref v t 184 14 204 34 2d pref vtc * Industrial Rayon..* 10%Internat Indus., l International Match 164 Realization £1 fnt Mercan Mar.. 124 * Internat Metal Ind .1 Preferred 6 8 8 1 96 94 25 7% non-cumpflOO Hershey Creamery 19 24 284 164 104 Publishing pref..* 54 84 84 Helme (G W) Royalties B Indus Accep Corp— Cum pref 100 I Indus Brown HoistCommon v t c * - Hecker Prod com__l Helena Rub'stein..* Hendey Mach Hendrick Ranch 2 40 38 1114 14 14 274 1 Int'l 2 7% class A pref.25 Class 30 "94 100 5 conv Refining.. 10 Indian Terr Ilium OP non-vot A Ingersoll Rand * 6% preferred-.100 Inland Steel * 74 Stores Hevden t'hcmical 13% 19% a Dept Motocycle..* 10 Indiana Gas A Chem Common 5 95~ Sept.26 1 6% preferred. .100 35 _ Green (H L) Co...l 5 1% Heywood-Wakefield Preferred Goodall Rubber. Greenf Id T'p A Die* $6 preferred.. 100 53 4X 85" k * Common 94 27 14 £1 Preferred Class 2 38 * 100 29 24 54 74 9 36 Preferred Goebel Brewing 1 Golconda Petrol.._* Goldblatt Bros— $1.50 preferred..* 10 ""A 24 54 74 Hazel-Atlas Glass.25 Hazel tine Corp * Hearns Indian Indian 4 14 1 Hayes Indus Hayes Mfg... Haytlan Corp 116 2 Tndus rets $3 pref * Indiana PipeLIne74 105 Hewitt Rubber * 11 98 X 34 144 6 * 954 24 4 * Gt 86 X 134 100 $7 preferred 6% 24 18% w w * Prior preferred 12 Partic pref 100 Haverty Furn Cos— Conv pref. * Hawley Pulp A Papl 594 64 64 64 I. 100 Brif A Irel'd Am dep rets ord £1 5 Hearst Consol Pub 7 Corp.. 1.75 84 25 4 Imperial Tobacco .... 6%°% pref 20c 1.35 or G 3 Diecasting 6 5 150 126 19 Hatfield-Campbell 344 90 Without par value, 103 6 47 84 Hat Corp class A__ 1 Glass R n-v 1 100 * — 104 * HaskeliteMfg. pref — 94 * 19 4 ro-iv — 7 of Canada com. .5 64 11 1044 124 Great Lakes Term 51 Class 10 4 18 1014 114 ~ % 44 54 224 Harvard Brewing.. 1 Harvill Aircraft 424 93 4 Imperial Chemical 142 _. 484 74 214 5 Times 9 8 74 59 Hartman Toh "%s 74 132 _ 14 "4 100 com Idaho Farms Ideal Cement 78 * _ 174 54 93 4 24 4 Class A 3 26 Conv preferred. 8 105 100 25 1 _ Onoley / 24 Garlock Packing...* Gar W ood Indu*t_„3 | 254 114 4 42 A 64 1 Imperial Oil Ltd...* Registered shs_..» Imperial Tobacco 1 . Hart 64 14 184 5 5 Great Lakes SS 1 Gaylord Container 5 54 conv pref..50 Gen Accept'ce Corp 254 104 A Harris Seybold Potter com Hartford 105 — Rich¬ $5 preferred 154 - 3^ iJ" 544 174 1O0 A 73 3 pref. .25 cont 154 - ardson Arms Co— Class 23 4 3 4 20 104 4 * com Harri8burg Steel 74 1064 . Har bison-W al ker 49 84 I T C 26 cum 9% preferred 34 18 51 * flBs 42 19 17 5 50 4 42 18 $5 Harrington 6% preferred 20 Graton A Knight. .» 15% (James) 69 41X 2% -14X 34 404 50 Preferred Hanna (M A) 44 Grant iW T) com. 10 27% 26 Instruml * Wernicke Gray Mfg Co ir* 6% conv pref..25 Hygrade Foo Prod5 Hygrade Sylvan * 1014 10O Pap .10 Preferred * Gobel (Adolf) Co..l Godcbaux Sugar— Globe Non 4% conv pref.100 Gabriel Co cl A » Galr (Robert) com. 1 274 34 Hammer mill Refractories 10 21 154 127 19X 22% 93% 94 5 Common l $3 convertible.."* Common pref. .100 Graham-Paige Mot 1 33 FuHer (G A) Co- 6% 44% conv pref 50 Globe-Democrat 7 % preferred.. 100 25c 1 com 1 84 10 8 324 * 100 Brewing * 8 6 "lO Fuller Brush * 20 17 15 7 64 584 * Gorton-Pew Fish- Preferred.. Franklin Ry Sup"* Franklin Shops * Preferred 1 X Hamilton 6% pref....100 Hydraulic Press Mfg Common 5 Harlew Aircraft 1 Harshaw Chemical* 36 Gleaner Harvester.* Glen Alden Coal * Preferred 3" 24 _ Freeport Sulphur. French Investing 18" 18 894 79 7 Brick 84 134 1294 494 41* 7% prefstmpd 10ft 84 Watch..* 4 3 4 53 4 Hyde Park Brew.10 Hydraulic Press 164 127 494 1264 . 13 4 com share 50 5 Lamp pref * Happiness Candy. _* 101 Preferred Hal! (W FiPrinc'g 10 Haloid Co. 5 Hanley 40 4 Gladding McBean Rubber of Canada Fox Film class A F-R 8X 16 15 . Class B "* Ford Motor France Foundation Co Foundation Co 100% 6 Hussmaun-Ligonier * Hut-tig SashADoor 5 Preferred 100 Huylers Inc.,com 1 ■% pref unstpd 100 34 4 28 234 * $6 preferred Publish 2 • Preferred 116 14 304 ..100 A Alabaster Ltd.* Hajoca Corp.. Hammond 109 * 5 $5 c >nv pref Gilmer (L H) Gimbel Bros Class B... * Am dep rets ord. Ford Mot of Can- Class A Gilchrist Co —* < dllette Saf Razor.* 29 54 8X l5o Foote Burt com Ford Motor Ltd— 1 X 28 Vs 105% 5 * Glidden Co 55 com 44 15 29 A Co 'm 24% 3 Food Devices....20c Food Machinery__ 10 4he conv pref. 100 Foote Bros Gear A 354 16 4 Gypsum Lime 16 Giddlngs A Lewis..2 Gilbert (A O) * Preferred "14 IX 25 . 154 26 16 6X 21X 14 29 4 Hall 44 ilH * 5 * 50 Gibson Art 17 * Preferred 10 Follansbee Steel..10 Mach 84 84 87 X * Preferred Fobs OH Follansbee Bros Foimer Grafiex Preferred 5 com 90 Fisk Rubber Corp.l Flintkote Co com. * Fla Portld Cem u t s_ 5% Cement 154 15 H) 1 com * First Nat Stores Fish man (M Preferred 5 6% cum pref A 100 Genessee Brew A..1 Class B A. 100 Common 100 . 174 Gulf Oil Corp Preferred.. Giant Portland Firestone Tire A Rub 6% pref conv 6 % preferred. Gen Tire A Rub .1 com 11* ...6 6% preferred...20 Hupp Motor 1 15 Ask Bid Fibre 17% 1 com $0 nreferre < 22 5 Hudson Mot Car..* Humble OH A Ref.. * Hummel-Ross Common Hunter Steel com..* 8% preferred ..100 Gulfboarri Oil 1 1 • 6% preferred-.100 Casting.* pref * Gen Theat Equip. _* Ferro Enamel 64 114 404 4 Warrants 18 114 14 21 19 Guantanamo S"g._* 94 14 34 72 100 $6 preferred Gen 28 23 100 & 7 174 4% 54 354 1 Engineering 68 112 Par Per Grumman Aircraft 140 Gen Rayon A stk. Gen Ry Signal General Preferred * General Print Ink.. 1 90 21X 15 X Stocks 1900 % 44 preferred. .25 6% 6% 700 88 Machinery * 4 % % preferred 100 5% ?H com.l General Cable 44 Fairchlld Eng A Airl Fairfield West Md $8 1st pref Gen Bottlers Watch Gruen 51 61 GenAniline&FilmA * General Baking 5 140 2% 8% preferred. 100 Fairbanks Morse. _* FalrchiM Aviation 1 10 Amer Trans..5 Gen Pair (The) Chicago »s common. Preferred 47 Faaer Coe A Gregg * Preferred .100 14 X Co ,4s* Per share 3% * Hoys preceding the date of Issue Bid Par * Kxch Buffet Corp.. * Ex Lax Mfg A... 10 d»y of the month Stocks Pref (stamp) 10 General Amer OH of Gen 14 1 Corp....3 E vers harp Inc—__ Ask Per share share Ever Plastics Corp.5 p—»lbie for the closing Bid Par Stocks MISCELLANEOUS STOCKS & INDUSTRIAL 88 Ex-dividend. 134 industrial OCT., 1940] miscellaneous & Quotations for all tsourlMea are at near at possible Stocks Par Bid Kane Carburetor..* 24"" K O Stk Yds Me. 100 Preferred. Kaufman Dept - 1254 5% 95 pref.100 10 1354 554 95 754 Keith-Albee-Orph— 7% conv pre' 100 "854 98 Refg..—* Upton (Thomas J)— Class A .....1 8 19 1A 28 A ? Locomotive Firebox* ..1 24 A pref..* 154 10154 21A 2154 1 1 . 1454 654 Loew's Inc. com $6.50 2 1254 6 1654 cum 1454 654 1354 654 1854 J Long Bell Lum A—* ,!* Common....—* $5 preferred 100 4 5 100 25 29 13 7 Kentucky St one vtcl Key Co common..* Keyes Fibre com..* Class A... ...* Preferred * Keystone Steel Sc 1154 wire common...* 1354 6 1 Longwes' Corp....* Loose Wiles Bis..25 5% DrefeT'ed .'.100 Lord & Taylor-.100 Jst 154 454 3 Keystone Watch Case.. ..16 2-3 Kimberly-Clark * ... Preferred..... 100 Kingsbury Brew 14 Louisiana Ice Sc El 1 Louisville Oem.. 100 9 154 154 2$ Luscombe 23 53 VA 2 Klein (D E) Co 10 94 154 • Kleinert Rubber.. 10 954 Knapp-Monarch _.* 8 154 Lvon Metal Prod. 10 1154 10 9 Preferred J* 76 86 A 88"" 4* 3 554 5A Major Marketing.. 1 Mai lory (P R) ..* 3154 Maltine Co Manati Sugar com 1 121 122 654 17 A 43 A 6 94 7A 1954 45 A ISA 3! *454 12 H 7 54 354 254 1954 111 6% preferred—100 5% A cony pf.100 Massey-Harris. Preferred 21 11354 154 354 T54 Leonard Refinlng.3 Lerner Stores ,..* 2354 2554 83 85 37 1154 1154 2 A 29 354 1154 13 A 50c % 254 JX 30 5 6/i 42)1 654 A 78 43 A 654 54 Preferred 100 Lib McNeil Sc Lib Life Savers Corp 38 40 Lig & Myers Tod .25 99 101 3 654 ..* * Math'sou Alkali 7% preferred. -100 May Dept Stores.10 Maytag Co * 1st $6 pref ♦ $3 cum pf w w ..* McOahan Sugar Refining pref.. 100 McCall Corp. * McOoll-Frontenac Oil Co 85 7 4 iH 13 A 14 d* 33 13 A 10 107,54 "954 slH 12* Valley 436H 894 854 22 23 3 A 31 9 * 95 12 54 Carpet - -20 54 A Midwest pref.. 10 Monsanto Cheni—10 $4.50 pf ser A—* Cum pref ser B—* 154 9154 11554 8A SA Montgomery Ward * 4054 16554 154 28a (^ 1Ac. 2 A 25 28 A 1A 29 167 505* 2A ^ — Preferred A... 100 Preferred B—100 10 28 A — Monticello Tobac. -1 Monumental Radio 1 Moody's Invest Serv part pref * Monro Corp com..* 51 24 A 2A 99 A 27 A 38 Moore (Tom) Dist.l Moore Drop For A_* Morrell(John) & Co* Morris (Philip) & Co Ltd 10 Morse Twist Drill 42 1254 ,A Machinery.. 100 1254 Mortbon Corp A. .1 Mtge Bk of Colombia American shares.. McGraw Electric.. 1 McGraw-Hill Pub McKeesport Tin Plate com.....10 McKesson- Robb'ns 5 $3 cony pref * . McLellan Sts 554 1 % 1454 cony $5.50 pf ser B ww* com ...... 1 5% preferred. 100 Mendel Co 5% conv 1st pf.50 . Mercantile Stores.. i'referred 100 154 15 120 254 44 Ac 94 62 85 101 8754 105 2 254 nV* 22 24" 85 90 254 1354 354 MM 17 16 94 554 2 21 8 1 354 3854 1154 1354 254 354 3894 1194 1554 354 554 854 66 19 27 108 354 2194 13 A 94 "O" units 554 894 78 68 14994 -• _ 2754 109 4 2254 17 99 1054 554 1 Munson S3 pref A_* Murphy VarnishlOO 3 100 34 Preferred ..... Murphy (G O—. 5% preferred.. 100 10 Murray-Ohio Mfg Muskegon Piston Ring com 2.50 Muskogee Co—.—* Preferred 100 Mvers (FE)A Bros Myles Standish v t c* Nachman Springf—* Murray (5orp 2 common....5 77 110 mmmm. 454 —— 2954 65 8 43 594 48 3554 37 79"" 111 Nominal, r 10 1054 54 854 SA 294 SA 9 354 92 85 954 254 954 83 1954 18 80 85 354 654 84 54 4 9?* 45 42 10654 754 11154 9 mm* m 44 35 7 9 454 13 94 494 1454 1 154 794 8 1900 Corp— 1 2954 Class A com... Class B 1 com Niles-Bement-Pond * Noblitt-Sparks .5 Noma Elec Corp—1 1354 14)4 Class A pref —1 Class B pref..... 1 9 1 .... Class Refract A..... Class 354 1754 66 94 3054 354 1754 1 154 5 6 7 8 B Am 2 54 20 ' • 1054 "854 8 63 29 North Amer Cement No 1 10 Canadian price 5 754 Sept 12 254 254 254 H 25 North Central 254 n 954 3854 2254 ,2354 103 104 $5 conv pref..* Aug. 10 .* it 31 354 354 N Y Auction • 44 4294 N Y Air Brake, * 3 54 454 N Y Dock--—* 6 754 $5 non-cura pf.. _* 7 754 N Y Merchandise. 10 20 A 1994 N Y Shipbuilding—I 17 1854 Founders shares. 1 6 N Y Transit 5 654 32 29 Nicholson File * Common - 554 New Mexico Sc Arizona Land .* Newport Indus 1 ] Newport News Shlpbldg & Dry Dock Common 1 12 1354 954 38 494 31 North Amer A via. 654 8 9 1 New Eng Gr'n Prodi New England Lime 654 1054 47"" 3154 6594 754 114 42 ... ... 254 654 254 4 Preferred 100 New Britain Mach * 13 it Last sale, 1* 654 New Process Co 2054 108 40 Nestle-Le Mur cl A • 1 Newberry (J J) Co.* 5% preferred.-100 New Bedford Cord units * New Hav Cl com..* 10 Class B (Herman)-.6 A. .* 8% preferred. .100 Neptune Meter New Idea com.....* Mueller Brass Co—1 Mullins Mfg Corp ^.$7 conv pref * Munsingwear Inc..* Nelson ' Moxie Co pref 554 2754 754 * 1 1st preferred Nelsner Bros 1 36 754 754 554 Nebel (Oscar) pref.* Nehl Corp com— * 65 3354 • .* Nazareth Cement. 10 Preferred 100 age 4454 189 24 94 27 Co Navarro Oil Natnraa8 24 2354 754 M 011 n t-ai n Prod 1 454% conv pfd 100 30 27 175 262 Nat Tea common..* Preferred10 k 93 11854 12154 40 A 16794 254 2454 Merchants & Miners Called for redemption, see page 111. A 10894 14854 10 JA 37 10454 com Mc Williams Dredge* Mead Corp com.. $6 preferred serA* 7 554% pr pref.. 100 10-year $2 Dref 40 6% prior pref.100 Nat Transit—12.50 1354 454 .1* 105 32 mi 30 106 7% preferred. .100 Nat Union Radio 30c 2! 52 A 14 29 48 454 2454 National Tool— 5 254 -100 Motor Finance com Conv preferred..* Motor Improvem'tl Motor Products...* Mot Wheel Corp. .5 McOrory Stores.. Conv 6% pref.100 654 105 103 32 A 104 754 2154 254 21 78 vionoiith Portland 14A 654 2054 254 50 5% preferred Nat Pumps Corp..* Preferred.... 10 Nit Radiator.; 10 Nat Refining com..* Nat Rub Mach—.* Nat Shirt Sh Del..* 1/ Judson— 39 145 National Supply— 13$ 3* 18 168 38"" Nat Supply (Pa)—10 Monarch Macb T'l • Monogram Pictures 1 2 A 35 1754 3 454 Model Laundry 79 166 143 65 95 3754 $6 preferred lOO Nat Steel Car Ltd.* 454 Mnlvhdenum Corp 1 104 10 Nation! Malleable Sc Steel Castings -.* Nat Steel Corp...25 Nat Sugar Refg • 5 Rubber..* Moloney Electric A* 1 29 A 100 100 prefer ed_100 Nat Lock Washer.20 6% 10 3 Missouri Kansas Pipe Line A Mohawk Mohawk 10 Nat Licorice com 100 354 Preferred 12 "254 254 Class B 1 Mo i'ortl dement.25 10 16 Nat Oil Products- .4 1 Mock 954 Nat Paper Sc Type— Common ...1 common Line 7 Preferred Melville Shoe.. 2254 Miss 6 4A 554 754 22 11 554% preferred..* ^ 3 A 3954 1154 154 111 1154 8K 7% pref A..—100 56 -.25 25 Barge 70 24 20 52 Mlssisquoi Corp— 7% preferred.. 100 $1.60 partic pf. * Mississippi Glass— A common B common 1 1 6 2054 2054 .... 60 Mead Johnson 354 354 17H Dry Oorp.l Oil 1054 1UH 35 30 — Mission ■fi 109 13 1 Lead National Mlnneapolls-Moline Mission A 37 45 75 Minn Min Sc Mfg..* 46 10654 5554 1454 9154 * Natl Gypsum cora.l $4.50 conv pref..* 1V* 10 30 54 95"" 15 20 Nat Mfrs A Stores..* * Power Implera 1 $6.50 cum pref..* Mission Corp.——10 12 101 188 a 10 A 25 A 11 ... B.100 * _ Transportation. No par value, 25 se- A; Stpg.* Nit Fuel Mlnneap-Honeywell Regulator pref.100 10154 .50 . Preferred 100 McCord Rad cl A. Class B * 6% 17554 1954 2354 254 354 1754 5 com 4% pref "654 McQuay NorrisMfg* 100 8f54 Master Tire & Rub* 25 Leonard Oil novel 25 ..... 23 A 100 . Preferred100 Master Electric.. % 4 Yi 2A (1 > 6% preferred—.50 6% nref B 6 Martin (Gien L).__l Martin Parry Corp * Masonite Corp * 35 1 354 ..... 11*4 354 Preferred 100 Maracalbo OH Exp. 1 Marathon Paper..25 Preferred 100 4 Lehigh Valle* Coal 6% cum conv pf 50 Lehigh Sc WilkesBarreCorp. ....* Lebn & Fink Prod.5 Leland Electric * Lemp (Wm J) Brew5 454% pref 100 Lesstngs Inc 1 Le Tourneau (R G)l Lewis (Edgar P)pf 10 Ley (FVed T) St t^o.* Libbey-Owens- Ford * Liberty Aircraft... 1 Liberty Baking... 1054 354 SA 6 354 117 A Supply common.* Mid-West Refln's—1 r * Class B.__— Gas 154 754 \t II Z* 7 6 National Drug—• 35)4 I* Milton Bradley pflOO 7 54 1954 175 22 Nat. Food Products 1|S* 28 3 A 7 Marshall Field Sc Co 254 754 694 "1A * 6%_oreferred... 10 Class A 27 1554 Nat Dept Stores Nat Enam Mapes Cons Mfg..* Maple Leaf Mill...* Preferred 100 Martin Rockwell..1 Dairy Prod * 7% pref class A100 7% pref class B100 3% 6 Marion St Shor—* Nat Cylinder Gas.. 1 Nat Ulst Prod 114 2054 1054 8554 1254 854 1054 10 A 1354 11054 11054 554 7 2154 $7 Nat iSB 34 1954 166 .* ; * Nat Casket com Nat. Cash Reg * Nat Ohem Sc Mfg.. 1 Nat Container (Del) 1 8 11794 1554 Vk 2054 9954 10854 Preferred 7 20H 8 1st preferred-.100 2d preferred...100 ""94 iiK 100 Margay Oil Corp..* National Candy—• 4* Preferred. ..100 11H 2454 20c 794 * Aluminum Fdy..* ~6~~ Voehrlnger.Co2.50 42 Nat Breweries National Bronre Sc A 5I 10 7°t nrppr.rred_.10n Mid-West A bras. 50c Midwest Oil 10 Midwest Piping Sc 12 8 A 554 5 1954 1 Nat Biscuit 354 1 A . . > 1 1254 454 354 Lebanon Steel Sc fr.l Lee Rub Sc Tire Lefcourt Rlty Corp 1 Conv pref......* 40 113 26 10 29 100 Nat Bellas-Hess A* A 5c 1354 98 8 10 94 6% conv pref.. 10 Nat Bearing Metals* "5" 10 37" 15 9 54 33 123 5 ~554 13 34 63 59 16 National Automotive 8% 1st nref 100 $2 n-c div shares.* * 25 Co Preferred 105 554 and Paper...* Fibres common..t i4 3 1054 6A 27 454 75. 325 * Manufac's Trading 1 27 A 24 10c conv Midland Steel Products com.* Manning Bowman 24 A c#»ment ...100 Lea Fabrics.......* * 100 Line Material.....6 1 * Manhattan Shirt .25 Manischewitz (B).* Preferred 121 1 Lincoln Service.. 100 Prior preferred.50 preferred... * Mangel Stores $5 conv pref llS" La us ton Monotype Machine Co.. 100 Lautaro Nitrate A. Lawrence Portland Lincoln Stores.. Preferred New & Co common * $2 Corp— pref .* Gum Nash-Kelvlnator ..5 Oil Mid vale Co Majestic Radio...lc Option warrants.. Mandel Bros Inc..* 6 Bakeries class A. B....25 Preferred ....* Mahoning Invest 100 46 26 26 12 A 31a 20 7 %_preferred-. 100 Lily Tulip cud— Lima Locom Wks Lincoln Bldg v t c. Lincoln Mtge_....l 1A IA 23 A 8 28 Razor com......1 25 94 25 A 12 ■ 454 7454 Ask " com Nast (Conde) see O Nat. Acme Co 1 National Airlines.. 1 21 18 100 23 A * - Nash 1054 54 Middle States Pet— Class A v t c—1 Class Bvt c 1 ~8~~ 7 .1 Mid-< 'ont Petrol.. 10' Midland Assn Coated ISA 9A Bid Narragansett Racing Nashua Airlines— Common.. 20 A 155 2 14 10 Co— 8% preferred..100 Macy (R H) Co Inc * Mad 8q Garden—* Magazine Repeating 3 34 71 Michigan Sugar.._• "referred 10 MIcromatIc Hone—1 8% preferred. Pub—* ..* Mack Trucks Inc. 754 SA Laclede-Christy Clay Products._.* Leu Coal Sc Nav— Le' Po.*tl Cement.25 4% conv pref.100 15A Par Per share V 108 ".4 A MacWhyte 4 . 6% preferred.-100 Macradden Newsp.* Macfadden 2 . 6A% pref 100 Airpl.50c Lynch Corp 5 Mac And Sc Forbes 10 32 .1 Creamery. La nova Corp 16"" 62 A 8* 1 30 69 115 4M1...1 Mich Steel Oast 1 Mich Stjeel Tube.2 A 2A 22 A 48 B ip 57 Ludlow Valve com.* 5% n-c pref..—20 Lukens Steel.....50 Lunkenhelmer Co— Common —* Oa* Midcont'l 110 20 153 A 45 Kinney (G R) Inc—_ $5 prior pref ♦ Klrby Lumber 100 Klrby Petrol 1 Lago Petroleum...! Lake of the Woods Milling Preferred-. 100 Lakey Fdy Sc Mach 1 Lambert Co... * Landers. Frary Sc Clark 25 Landis Machine. .25 Lane Bryant Inc..* 7% preferred .100 Lanett Bleachery.10 Lane Wells Oo....l Langendorf United Mch 160 140 102 38 Kinner Motors... Laclede Steel 10194 8 A 14 A 106 A 41 King Seeley com Kingston Products. 1 . Mexican Petrol..—1 Meyer Blanke Co—* Preferred —100 M'ch Bumper.....1 Mlcb Chemical ..! 354 17A 35 110 1 6% cum pref .* Kobacker Stores. * 7 % preferred. 100 Koppers Co 6 % pf100 Kresge Dept Stores I 4% preferred.. 100 Kresge (S S) Co.. 10 Kress (8 H) ...» Special pref....10 Kreuger (u) Brew.l Kroger ^Grocery Sc Baking common.* 1st preferred. 100 2d preferred-.100 Kysor Heater.....1 preferred..100 2nd preferred.-100 Loriliard (P) 10 7% preferred--100 Loudon Packing...* ....... 35 A 17 Preferred—..100 * Lamp A Kensico Cembtery - Stocks share Metrop Playhouse.* Mexico Ohio 'Ml...* is* 69 Portland Cement.com Metal Sc Thermit..* ^referred 100 107 21A A 66 -.. Longhorn Common .....25c Partic prefence.15 7A Loft OandyCorp... 1 Lone Star Cement.* Ken-Rad Tut>e Sc . Mesabi Iron —1 Mosta Machine 5 Metal Textile Corp 15)4 * Loft Inc ...* com 6A% pref A100 Warrants 25 5 Ask Bid ..... Lockheed Air Craft.1 Kendall Keflutng.10 Kennedys Inc -.5 $1.25 conv pref..* \ 1A 13 A 28 A Kemper McMillan.. * Scott 4 A 35 13 Conv class A Common 14 A Lino.* Merrtmac Hat——.* Preferred. 50 Merritt. Chapman & 16 A Kelsey-Hayes Wheel Class Mer 'enth'I'T Loblaw Groc Ltd A* Class B * common Knuosen 6% preferred-.100 16 A 15 1 * Preferred Knott Corp Merck & Co com..I 10 20 Association Merchants Refrlg—* Preferred -.100 SA 7 16 6% preferred...25 Liquid Carbonic...* Ltquidometer Corp 1 Par Per 35 10 Locke Steel Chain.5 Kellogg Co.. Kelly Springfield B 794 9 94 * Lit Brothers——* Preferred 100 103 Co— 7% preferred-. 100 Keller Dorian Colorfilm Kellett Autogiro Class 9 Corp......10 Lion Match.... 100 454 100 Kayser (Jul) Sc Oo.5 Tire Lionel Stocks share 34 A * Link-Belt Co 27 Lion Oil Common..... ..1 Ask Bid Per St's conv Par Stocks 72 68 100 Kaynee Preferred Keith (Geo E) Ask Per share r: 2 89 stocks for the drains* day of the month preceding the date of Issue t New stock. 3 Quotations for all securities are as near as STOCKS MISCELLANEOUS & INDUSTRIAL ao possible for the closing day of the month preceding the date of issue I- shares 10 . Petrol 32% 7% 30% 7% 26 North Pipe Line.. 10 Northrop Aircraft Warrants 3 — 12% 19% * Engine 100 Norwalk Tire& Rub* 7% preferred...60 Norw Pharmacal.2 % Yeast N'west 2% 2% Oceanic Trading. 10c 32 14% 32% 5% 1% 1% 28 Ogilive Flour Mills.* 100 145"" * Preferred 20% Ohio Brass B Ohio Forge & Machine Corp—* Ohio Match Ohio Oil 158 21% 21 22 12 * * * Ohio Leather 14 11 9% 6 6% 103% 106 120 6% preferred—100 Ohio Rubber 150 15 14 Ohio 8eamless Tube6 5% preferred Oil Exploration 1 Okonite common 100 23 "2% 1% 76 84"" 80 6% preferred-.100 Oldetyme Distillers 1 Oliver Farm Equip.* 4% 16 16% 5 3% 5% Oliver Un Filters B Omar Inc 1 6 Oneida Ltd coml2% 67 15 15% .25 29 30 6% preferred.. 100 Preferred 1 "9% Oswego Falls comlOO Otis 3% 2% 10% 15% 136% 9% 38% 3% Oppenheim Collins.* 0'8ullivan Rubber Elevator 14% 135% 9% 6% preferred-*.100 Otis Steel $5.60 convlst pf.* Outboard Marine & 37% 23% 25 * 50 53 7% preferred..100 116 Manufacturing..5 Om let Co com Owens-Ill Glass. 12% Ox Fibre Brush 7 5% 63 53 50% 6% Pacific Coast Cem_* 1 Pacific Coast Co. -10 1st preferred * 7% 14% 14 12 preferred 2 2% 13% 2% * * 7 6% 5% Pacific West O11--10 Package Mach Packard Motor * 3% Palmer Bros 3% 69 % 14% 13% * Pan Am Airways 5 Pan Amer Match.25 73 Pan-Amer Southern! ""% 14% 15 8 7% "5% % % Paraffine Co Inc..* pref.100 Paramount Motors 1 Paramount Picturesl 3 6 30 35 36% 96% 3% 6% 37% 101% 4 7 6% 1st pref—.100 6% 2d pref 10 Parke. Davis Co..* 81 10 10 11 19% 20% 10 12 Parker Pen,. Parker Rust Prf_2% Parker Wolverine..* Parker Young units Park & Tilford Inc. Parkersburg 85% 8% 8% 33% 34 7 8% 17% 15 & Rig 7% 1 1% Corp. 7% preferred * Pathe Laboratories* 9% 9% common Trans. _ Patbe Film 7% 107 22"" 19 Peck, Stow & WilclO 5% 4% Peerless Cement-. 6% 4% Peerless Weighing & 10c 30c 2 com 4 1% 2 Preferred (Rogers) see v t c — j Pender(D)Groc'y A Class B Penick & 51 * Ford Penney (J C) Com Penn-Central lines . 14% 50% 91% 14% Penn Coal & Coke 10 2 2% 16% 51% 92 pref A__* 15% 2% $7 conv Penna v 2% 3% 3% 44% 3% 15% 1% 23% 8 21 52 Pgh Metallurgical 10 Pittsg PI Glass. .25 _ 6% 25% 7 26 _ _ 7% 5% 17% 91% 83% 11% 6% conv pref. 100 6% prior pf A.100 Revere Cop & Br._5 Class A 10 1% % 5 9 32 33% 13% 8% 19% % 11% 8 18% % * * * $5 85 11% 90 4% 15 8% 103% Shell Union Oil 35% 15% 17% 5%% conv pf 100 Shepard Niles Crane & 31 Rivet Corp_.l Salt % % Mfg—50 .20 2% Crude Oil 180 Penn Sugar Penn Traffic Penn V y Class A 11% 2% 79 110 % _.lc 2c % Circle * 19% 203 1 25 Without par value, 5% - 37 a 20% 218 2% 1 Pervel Corp 1 Peter Paul Candy.. * 1 5c 19 Peoples Drug Stores5 Pepsi-Cola * Albany Bottl Co .4 Permutit Co 3 3% 25% 5% 1% 41 * 95"" 32% 8% 100 Preferred Shuron Optical * * Sllex Co 1 1% Pub preferr ed. Simmons Co % % 3% 4% 4% 5% 2% 2% 3% % 2% * "1% - * * Simms Petroleum. 10 1 Simon (Franklin) & Co 7% pref 100 * Common Simplex Paper 1 Simp'icity Pattern. 1 Simpson Ltd B * 16 7 8 100 24 "i% 20 14% 37 Rogers Peet 100 13 16 Skelly Oil 46 47% Preferred 100 34 38 9% Skinner 8% 1 5% conv 1st pf 5 5% conv 2d pf__50 Pressurlube Inc 1 Price Bros & Co * Preferred 100 Proc & Gamble * 8% preferred--100 5% preferred--100 Producers Corp of Nevada 11% 11% 35% % 13% Root Petrol Co 38 % 14 _ Punta Alegre Sugar * Pure Oil Co _.* 13 18 60 62 Socony Vacuum..15 Solar Aircraft 1 Royalite Oil * Royal Typewriter.* 7 % preferred. 100 78 6% preferred.-100 87 90 11% Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car Heat 6 Ltg (Del) 50 11% Bakeries—* Pyle National Co. Pyrene Mfg 10 Quaker Oats * 6 % preferred -.100 Quaker State Oil. .10 Quincy Market Cold 9 6% lVi 103 105% 155 Stor & Whse__ 100 45 % 4% 73% Chem.l of Am.* $5 pref B * $3.50 conv 1st pf * _ pref.100 ClftRH B Rapid Electrotype.* Rath Packing 10 Raybestos-Manbat * RaVmond Concrete Pile * common * Rayonier Inc com. 1 $2 cum pref 25 Raytheon Mfg..50c 6% preferred 5 Rea SiJk Hosiery _ Mills common 5 7 % cum pref.. 100 . % 2% 33% 5% % 2% Corp.* pref 50 6% 10 Mills r 100 Pre erred 100 68 1 Sanborn Map 25 Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l Preferred8% Units Savage Arms * Savannah Sugar 1 5 ill 12% pref. .20 Advance 23 73 14 20% 1% 5% 4% ..100 10 Spalding (AG)&Br_l Sparks-With 'gt'. Spear & Co $5.50 preferred.. c Spencer Kellogg— 24 2% 4 8 9% — 28% 29% — - 29 31% 8y<C 11 * com 4 i05' 101 Schiff Co Preferred conv 1st preferred 70 79 Schulte Real Estatel 2% 2% 3% % Savoy Oil 5 Schenley Distillers.5 5%% pref 100 3 V* -. Pipe Lines 95 1 1 3% 18% 5% South West Penna Samson United 2% 1% 34 Development 100 Greyhound Phosph.10 Southland Royal..5 27 19% 2% 26% 134 Southern 92 * 41 1% 25% 28 England Ice cl A__ Preferred Stock Yards 18% 17% 4 100 South Penn Oil—25 So Porto Rico Sug.* Preferred South'n Pine Line 10 5 St Paul Union 30 11% 38 Southern, New % 15 39 % % % 1% 30 Bag & Paper— $2 preferred 50 6 % preferred- -100 Southern Groc com* Preferred .._* 25 100 1 16% 23% com Salt Dome Oil 29 28 4 % preferred Southern St Louis Screw— Bolt 5 Soss Mfg common. 1 South Coast Corp. -1 6% 120 St L Rocky Mt & Pacific Co. .100 & — S'eastern 60 St Regis Pap com. .5 Preferred-100 12% 2% 4 22% 4% 6% 47 107 22 19 100 Preferred Sonoco Products 8 % preferred.. 100 Shore Oil & 60% 43% 12 r 10 17s% 3% South 1% 100 com Preferred 20% 3% 5% 12% 2% 1% 50 7 Lines common.-.5 70 45 5% 9 * 1 pref Mfg... 1 Conv preferred-.1 So^g Paper—• 6% preferred— St Lawrence Flour 35 liearwin Aircraft & see page conv * Sonotone Corp 99 St Lawrence $2 Solar 4% 85 70 100 60 Engine 1 Recordgraph Corp.l Reda Pump Called for redemption, 5% preferred. .100 Paper..100 Preferred 60% 59 * 1 43% 106% St Croix St Louis Car 1%6 4% 57 * S'ores St Lawrence Paper— Preferred 100 6 100 Preferred Safewav 157% 10% 10% * — * 25 g Conv A 13% 5% conv pref.-100 conv 116 48 7% 79% 9 Snider Packi 13 6 15 7% 12 45% 4% 2% 22% 112 11 $2.50conv pref..* Ryan Aeronautical 1 22% 5% 7% 105 14% of N Y ord shares. 16 16% 90 (Howard) Paper Mills Smyth Mfg 17" 21 /o 9% 10% 80% 13 5c % 25c 1% Spencer Shoe Sperry Corp vtc.. Spicer Mfg Co $3 conv pref A Spiegel Inc com 2 $4.50 conv pref..* Sport Products 7 Springfield Ice & F.5 Square D Co 5% preferred.. 100 Squibb (E R) & Son* $5 pref ser A * 18 1% 8% 1% 4% 60% 19% 1 41% 34 55% 7% 57 7% 1% 31% 114 40% 111% 5% * Last sale, n Nominal, r % 17% % 110 Smith 15% 3% 20 Purity 27 15 16 20 * % $6 preferred—100 25 Russeks 5th Ave_2% 105 17 5 1 Royal Development. Royal Dutch Co common. Ruberoid Co 16 50c "% Typewriter vtc..* Russell Mfg * Rustless Ir & Steel.1 105 corn- Preferred Pullman Inc 7 4 %6 3% 27 15 Organ 1% 25 Smith (A O) Corp. 10 Smith & Corona 2 31 1 ;._* 1% Sloss-Sheff S & 1.100 2% 5 $1.20 conv pfd_20 64% 116% Lamp com__* Preferred 2% 1% 1 _ Prosperity Co B—* Publication Corp..* 1st preferred. 100 Original pref. .100 Puget Sound Pulp & Rademaker 9 Preferred Sirian Rose 5 10&25c Store 226 116 13 11% 11% 67 64% 19 11% Rome Cable Corp.5 Roosevelt Field 5 Steel Car— Common 1 17 3 2 23 34% * 24% 2% % 20 com Roeser & Pendleton * .100 30 23 60 "3% 5 % preferred. 27 102 Yards Rockwood A Co 2 75c 100 Preferred 20 Rochester Button. _* 5% 1% 65c Singer Mfg 100 Singer Mfg Ltd... £1 Sioux City Stock 7% 21% Pressed Metals Am.l 11 21% 18% SImonds Saw & Steel 8% 17 * Simon Brewery 20 * - Common 15 pref 9 Hdw & Pt Simmons 23 20 Robbins & 5 112% Slmmons-Boardman 1% Riverside Cement— Class A * 34 5% pf ser AAA 100 ~3"" $3 conv pref Units corn- 1 190 7 6 B 1% 25 Hoist Sberw-Williams -.25 5 Sher-Wms Can 8% 44 American shares.. . 10 56 21 100 Lambert--* Hall * Prentice 3% 5% 90 1% 55 36% Pratt Food Ralston Steel Car. 10 Fuel pref conv 9% % % 1% 11% 5% 11% Sheaffer (W A) Pen* Shell Transp & Tr— 103 Riegel Paper 10 Riley Stoker.. 3 Ritter Dental Mfg.* River Rasin Paper.* Preferred 1 Sharon Steel Cp 4 65 4% 1% 7% Inc Seton Leather 4 40 Shattuck (Frank G) * Shawnee Pottery. 1 16 Myers..* 25 Robertson (H H)_.* Robertson Pap Box .5 Robinson(Dwight P) 7% 1st pref—100 24% Snrrick Corp cl B..1 Servel 35% 14% Preferred.. 6% 23% % % 1% 8% 5% 17% 92% Cedar B 35 26% 95% W orks common .10 Class 50 Preferred Seiberling Rubber.* 5% preferred-.100 Selby Shoe.. * Selfridge Prov St £1 Sentry Safety Con.i 56"" 31% Richmond 8% % 12% 1% 82% 1 52 Richman Radiator. 1 52 * * 35 Sharp & Dohme * $3.50conv oref..* 9% W arrants 48 5% 22% 6% 8% 11% 100 100 2 88% 16% 11% * Seeman Bros ware com 83 Gds_* 8 86% 16% Seagrave Corp Sears. Roebuck 9% 95% 85 60 Richfield Oil Corp.* 3% 1% 7% 18% 20 94 Co Richardson Seaboard Oil (Del)-* 28% 12 22 Rice Stix _-.* 5 com.5 Preferred 5 Pref stamped—5 Powdrell & Alexan_5 ' 28% Co Potrero Sugar Preferred w w__25 28 % % * _ Republic Air Prodsl Republic Aviation. 1 Republic Steel * Dry 1st pref 2d pref Steel Warrants 32 53% 53 (Thos G)— 7% 1st pref—100 Pleas't ValWine Col •» 1 warrants 40 8 __ 6% 8% * Segal Lock & Hard¬ 101% 4% 21% 5% 8% 51 13% 13% 94 108 Scullin 8 37 12% 12% 93 Pitts Screw & Bolt Plough Inc 7% Plymouth Cord . 100 Plymouth Oil 5 Pneumatic Scale.. 10 Pocahontas Fuel .100 Polaroid Corp 1 Poilak Mfg * Poor & Co class B--* Class A ^ Porterfield Aircraftl Porto-Rie-Am Tob— T54 % 8% % 21 7% cum pref. .100 5% % cum pf._ 100 Reynolds Metals. .* 5%% conv pf.100 Reynolds Spring—1 Reynolds Tob 10 B common -10 Rheem Mfg Co 1 Rhinelander Paper 10 6% 7% pref B 100 5%% prior pf-100 5% oref A 100 Pitts Term Coal— Preferred 100 53% 6% 5% 7% 75 71 14 15% * 25 Scruggs-VanderBarney com 5 1st preferred.. 100 2d preferred..100 3%% pref 100 4% 7% 113% $4 preferred 95 13 3 16 39 Scovill Mfg Scranton Lace 60 29% (Robt) & Co..* 7% 1st pref...100 Reiter-Foster Oil.% Reliable Stores * Preferred 100 Reliance El & Eng 5 Reliance Mfg Co. 10 Preferred 100 Reliance St eel 2 $1.50 conv pref.25 Remington Arms..* Rem'tn Rand com.l ] » $4.50 nreferred..* 20% 5% 4 I 8% preferred. .100 New pref w i 25 99 6%% nref 100 Regal Shoe pref.100 Regent Knitting Mills Ltd * Preferred 25 com w Scott Paper 19% 4% Reo Motors v t c.. 1 8% 18 — New "4% 55 * * Per share Schulte Retail Stores 32 89 Reeves (Daniel) 2% 24 1% 1% "3% Units. Bond Par 30% A _ 9 Pitney-Bowes PostPitts Coal (Pa)._ 100 6 % preferred100 Pitts Coke & Iron..* $5 conv pref Pitts Forgings 1 Class A 1 * 1 Reed Prentice com * Preferred 50 Class Reis 2 1 15 preferred .100 Randall Corp pt A Penn * 35 39 Piper Aircraft 1 Preferred * Pirelli Co of Ttaly— Am shs 500 lire— 6% Penn Perfect 38 3% 34% 2% 13 pref Co 14% 4% 32 27 27 Pennzoil 25 14% 3% 12 Industries— Class 20 26 t c—* Units Penn-Mex %6 5% Radio- Keith-Orph Common 3 Penn Glass SandCommon 71 Radio Corp 1 Corp conv 53 Air¬ Pa-Dixie Cement--* 7% 25 69 Corp com..3 Phillip-Jones Corp.* 7% preferred ..100 Phillips Packing » Phillips Petrol * Phoenix Hosiery—5 7 % preferred-. 100 Pick (Albert) com.l Pierce Butler Rad-5 Pierce Governor—* Pierce Oil Corp— 8% conv pref.100 Pilgrim Explorat.-l Pillsb Flour Mills. _* Timber 1 Peet 23 Philco Pressed 3 2% Machine common * Preferred * Pelham Hall 31% 4 100 Preferred Reed Drug com Reed Roller Bit 31H Phelps-Dodge 25 Prod—* $4 preferred * $6 preferred Phil & Read C & I.* Phila Record com.* conv Refining com 1 Pantepec Oil Co— American shares.. Pantex Pressing Vending Pfeiffer Brewing—* Red Rock Bottlers. Bid Stocks share % 1% % 2% 18% 9% 7% 17% 8% 7% 4% Potash Co of Am Panhandle Prod & Parmelee Petrolite Corp Pettibone Mulliken * Pittsburgh Steel * Bank Oil Red 25c T% Pharis Tire & Rub.l Per Pratt & 6 Transport $50 par B Reel 10c Conversion. 1 Derivatives.* Common w I 1 Pan Amer Petrol & conv Petrol •» 6 51% 48% Page-Hersey Tubes * Pairpont Corp. .100 4% 21 Petrol Heat & Pr—* Pittston 53% 91 * 2d 18% Par Plant 52% Oxford Paper com.* $6 preferred A * $5 preference * Pac Amer Fisheries 6 Pacific Can * . Ask Bid Stocks share Phila Dairy 14% 30% 4% 1% 1% 1 1 Nu-Enamel 21 28% * Novadel Agene Ohera Noxzema 20 19 Northwest Airlines.* N'west 6% 3% 13% 6% 1 Class A Per Pet Milk North German Lloyd North & Judd Ask Par share Per Amor Bid Stocks Ask Bid Stock* Canadian price, t New stock, x Ex-dividend. Quotations for all securities are as near as Par Stahl-Meyer com.. * 2 100 18 Preferred-- Standard Brands..* $4.50 cum pref..* Standard Brewing--* Stand Gap & Seal._l Conv preferred. 10 $3 19 107 K 97 110K 6K 109K % 5K 13K K 4K 13 K 1 Common 1 $1.60 conv pref_20 Stand Fruit & S S.10 Preferred Stand Oil (Cal) * * Stand OH (Ind)— 25 Stand Oil (Kan)-.10 IK 4K 3K IK IK 11K 2K 19 K 17 K 24 K 44 47 12 3K 21 Todd 18 Stand Oil (Ky)_ —10 18K 18K 33 K 31 K 33 K 5% preferred..100 Standard Products. 1 106 K 9K 40 100 31 32K 108K 9K 42 Stand Tube clB.._l Standard Wholesale Stanley Works 25 Starrett (L 8) Co__* Starrett Corp— Common t c.-l v Steel Co of Can Steel IK Products IK Trunz Pork Stores.* 12 12K 12 13 7 3K 39K 10K 6K Sterling Brewers 1 Sterling. Inc 1 $1.50 preferred..* Sterling Products. 10 common Preferred A 1 * * 25 Stewart-Warner 5 (Hugo)Corp5 Stlx Baer <Xt Fuller. 10 Stokely Bros Conv 1 25 pref. Stone & Webster..* Strawb'ge <fc Clothier 6% preferred.. 100 7% preferred.. 100 Stromberg Carlson.» 6% preferred .100 Stroock (S) & Co..* Strouss Hirshbarg.* 80c div Titus ville com * Oil 6% * com pref. .100 cum Sunray Drug 1 Sunray Oil 1 5K% conv pf—50 Superheater Oo * Superior Oil Corp__l Superior Oil (Cal) 25 Superior Portland Cement A Class B com pref--* * Superior Steel 100 Susquehanna Silk IK (Jlen & Co * 2 IK Union 25 11 11K 65 70 5K 6K 11 12 10 5 Transport * orpf. mo Biscuit conv 5% preferred. .100 United * Carbon United-Carr Fast..*, IK IK 23 K 10K 12K 11K 13 3K B * Drug 5 United Dyewood.10 7 % preferred 100 United _ Un * IK United Fruit 5 6 United Swift & Co ..25 4K 29 H 69 K 10 K 21 10K 25 77 dep ctfs of bear shs Sylvania Industrial * Symington Gould— 1 w _1 Taggart Corp $2.60 pref 1 * S3 part pref * United Molasses Ltd 75 Amer dep rcts..£l Unit Paperboard. 10 2 Preferred 100 Unit Piece Dye com* Preferred 100 United Profit 50 19K 19K 17K 18 18 20 7K 6K 3K 7% 6K 3 H Sharing 53 K 55 K 2K 16 K 3K 17K 5 Ta-.i/yeast Inc cl A_l Taylor-Colquitt Co 5 Taylorcraft Aviat'n 1 Conv preferred A * Taylor & Fenn._100 JTaylor (K) Dist-.l ; 28 Class 9 A 3K 3 9K 90 10K 100 Taylor-Wharton Iron & Steel com.* U S 34 1 Liquidating ctfs__ Un Shoe Mach 25 Preferred 25 United Specialties .1 Distributing 5 7% conv pref. 100 S Envelope 100 Preferred 9K 3K 6K 9K 9K U S 3K 6K 2 2K Warehouse Corp50 Term & Trans com. 1 53 100 U S * T'Jchnicolor 8K ' * Inc T-jlaut'g'ph Corp_-5 Corp 5 Tennessee Tennessee Prod Terminal Ref & Preferred _* 1 14 Term Warehouse 100 Texas Corporation 25 Texas Gulf Prod_._* Texas Gulf Sulph—* Tex Pac Coal & Oil 10 Texas Pacific 5 35K 2 K 32 K 5K IK 16 8 35K 3K 33 K 6 Land Trust efts .1 4K 2K 9K Teton Oil & Land..2 Taatcher Mfg * $3.60 conv pref..* * 55 37 Finishing U S Foil B x 9K 6K 78K 180 3K 4K 27 K 32 K Card. 10 IK 100 60 7K 8 2K 2K 27 K 33 28 33K 10K 39K Distilling a IK 20c 43 44 6K Oil IK 3K Williams (R O—-* Willys-Overland 1 6% conv pref. .10 2 4K * $6 preferred Wilson Line * A* 59 19K * 100 80 10 K IK 6K 4 11 15 Woodley 11 Wood 9K K 28 18K 80 K 125K 75H 100 28 IK 33 21K * 7 % preferred _. 100 Warner Bros. PIct._5 com 4K 7 16 2K * * ?* 23K IK SWasey. Warren Bros pref * Fdy & Pipe * cum 9K 24 9K IK 4K 9K 28" 4K K 7K 20K 100 K 28K 13 K 7 Woolw'th 7% preferred..100 Weleb G'pe Juice 2 K Preferred 100 4K 7K 5K K 17K 2K 50 3 8 24 Wellington OH 1 Wells Fargo & Co__l 5K 2 43 K Salt. .100 Worthington Pump & Mach. * 7% pref A 100 6% pref B 100 4K % conv prior preferred 100 4K% series prior preferred 100 Wright Aeronaut*1.* Wrigley (Wm) Jr..* (R) comlO 100 Wyman Gordon * 25 Yale & Towne Truck 20 K 95 85 49K 57 98 K 81K 6 92 68K 20 & Coach Mfgcl B__l 7% preferred-.100 York Ice Mach 14K 112 * 2K 7 % Preferred--100 Young (J S) Co..100 26 K 90 Preferred 100 128 Young (L A) Spring & Wire » 10 K Youngstown Steel 3 Car Steel common common 5 5K * 19K Youi gstown Sheet & Ti kecommon.. Yoi 6K% pref-100 ( Thomas)1 33 K 88 m Nurse ies com.. 20K Radio Zenith Zonite Products 108 Call f >r redemption, see page 111 40 116K 33 K Am dep rects ord. Preference 26 80 1 5 23 K 27 10 _ Youngstown 17K 19K 2K 4K 1 IK 10K 43 18K (F W) Preferred 25 16 Webster Eisenlohr.* 6 80 Wool worth Ltd— Wurlitzer 39 19 6K 2 Prior pref units Woodward Iron..i0 Door * 5 10 Newspaper Machinery pref..* Worcester (Northam) 1 Portland com Petrol Yellow 4K K 41 pf Preferred 20 Cement Wolverine Tube Woodw'd & Loth'plO Preferred 100 95 165 76 Com class B 7 29 5 2 7% prior pref. 100 6% preferred. .100 * Station Wood (Alan) Steel.* 7 % preferred.. 100 4 Com class A 2K Goodwill 41 13 6% preferred 10 Ward Baking Corp— The 38 * * Hosiery 100 Winters & C'mpton i WltherbeeSherpf 50 Wolverine Waltham Watch com Walworth Co 115 Wins ed WJR 27 K * 3K 2K 22K 3K 2K 3K K 7K 20K Walgreen Co com..* 4K % Pref w w 100 Walker (H) Good'm & Worts com..* Wilson-Jones 22 26 * Class B pref F) Preferred 10c Waitt&Bond Inc A * conv (H 1 4K Wlllson Products..1 K K IK 3K $3 15c Gas... 5 Oil-O-Mat--.* Wilson & Co 64 K 10 1 v t c Wayne Pump U S Playing 32 26 Waukesha Motor. 2K 27 28 K 116 6 6 4K 27 K 4 4K 63K cum pr pf.100 Part convA cl A.* 6 40c 24 4K * Suchard Wilcox Wm 2 5K 7% 12 28" 10 * n 6K Spencer Wickwire 5 Wagner Bak Warren 105 110 9 Warr 37 7% preferred 100 Wichita River OH.10 Preferred 100 Willcox & Gibbs__50 1 $3 98" Whitman(Wm)pfl00 Whlttaker Paper com 95 10c 4K __ U S Lines pref * U S Pipe & Fdy..20 . 5 DetlnnlnglOO 7% preferred..100 Warner Co 5K 65 7% first pref .100 Whitlock Mfg Co 25 Wilsonite Products 1 6% part pref.. 100 Va Coal & Iron_-100 Va Iron C & C..100 5% preferred. .100 VogtMfg * Vulcan Corp * $3 pref 4K% nref. * conv 8K * Oommon... 32 2 Vinco Corp com 1 Va-Car Chemical..* $3 .»5 35 20 88 100 Preferred * pref White (SS) Dental 20 White Rk Min Spgs- 31K Petrol. 1 Gypsum..* Warner & 76K 175 81K 19 K 2K IK 9K IK IK K 17K 66,K 13K 4K 20 $4 conv pref Prior 93 1 * 9 23 K t Name changed to Franklin Co Ex-dividend. - IK 5K 9K 5 60 23K Mach.. 1 White Sew 157K 6K 33 Will & Baumer 62 * . U S Leather 104 K 17 99 com..* U 8 Ind Alcohol No par value. (Newstock, 1 Freight * Graphite 5 U S Gypsum 20 7% preferred 100 U S Hoff Machine.5 5K% conv pf__50 U S Holding 39 99 * U S 10* 9K 33 K 35 24 IK Preferred K IK IK 60 K 46 K 6K 1 IK IK 60 K 45K 6K K ^ 30 8 26 » B Un Shipyards B U Tappan Stove K 2K K 5* 5% conv pref. .30 Weyenberg Shoe I Weyerhaeuser Tlmb* Wheel Steel Corp .* 6% Preferred.. 100 $5 conv prior pf_» 5K IK 3K IK * 17 i00 Waldorf System.. * A Class 36 Tampax 10 . 33 Westland Oil 20 Wagner Electric. .15 60 K IK Weston E Instrul2K Westvaco Chlorine. * Chocolate com 50c Preferred $50 Wilcox Gay Corp__l 115 Warrants United Screw & Bolt Class 34 1 _25c Preferred 5 Vultee Aircraft 3K 3K 3K Westmoreland Inc.l 2 IK 21K 1 7% Istpref 100 Vapor Car Heating * Preferred 10 K 5K 62 Synd 10 20 Steel common Waco Aircraft IK 3 133 K Wico Electric Co Vulcan 1 United Milk I'rod..* Talon Inc common.5 Inc * t c 6 Swift Internat Ltd— w 4K 29 K 67 K Merchants v K K 15K 26 Victor Chemical 5 1 & Mfrs 1 * * Vick Chemical 5 com Eng & Fdy 129 IK Westmoreland Wilbur Sugar common..5 Vicana Sugar v t c.3 33 108 Coal V erti entes-Camag'y 8K 5K 4K 2K 106K 8 15 7K 4K 4M 2K 32 K 7K Westinghouse Elec & Mfg com 50 7% 1st part pf.50 95 65 Electric Coal Cos K 25 IK 8K Van Camp Milk Victoria 22 42 Venezuela % IK 22 K com 6 Venezuelan 20 K 1 Oil 92 11 17K 10 K v% . 1 * Vega Airplane 2 16 Brake common._* 40 53 K 18 H 18K com 17K Veeder Root Inc...* 107 10c Stores " 80 Corp Preferred 106 K 52 $5 preferred * United Drill & Tool Class A * United Elastic 2 x w 15 * West gate Greenland * Van Raalte Co K 15K Tablet & Stationery * 8% preferred.. 100 Vanadium Newspaper * 1 5 Preferred $4 preferred 16K IK .. United 40 1 Common 10 11 38 1 Vacuum Common 12K a 6% preferred 100 United Cigar-Whalen 10K Business Common 7% cum nref .100 Valley Mould & Iron 55 Chemical--* 16 Steel 10 Radio Prod-.l 12K $3 part pref United Cigar Stores- Class Machine 12K Sugar .5 com. 74 K United 4K K * Concrete-! Vadsco Sales Corp.* 12 124K 15K 58 K 150K Van Nor Mach Tool5 15 Sweets Co of Am_50 100 Utah-Idaho Utah Lines 25 Pinch Oil Preferred 8% 1st pref 2K 51 2K K • 9K 40K 7% 17 K 24 K 1 27 K 39 K 1 _ "4" 55 110 100 Westinghouse Air Universal-Cyclops Corp. 28 K 101K 3K 100 White Motor Preferred 36 16K K 14K _ 9K 10 8K 40 K 9K 5 7K 29K 17K IK 1 Oil.-. 27, Un Artist Theatre.* 37 22 3K Universal Corp vtc.l Universal Consol Valvoline Oil comlOO 9K 1K 1 59 ii% 11 4K 9H 7K 26 K 10K 49K 122K 4 * 57 Un Aircraft Prod-.l _ - * Un St Yds Omaha 100 Air 80 79 15K 26K United 80 4K 74 B 4K 27K Union common..* 59 Union Tank Car—* Union Wire Rope..* United Aircraft 6 100 Western IK 6K IK 14K 25K 1 com Western "4K IK 6K IK 51K % 4K IK Valley Osage Oil Valspar com $4 conv pref Stores 122K 2K 3K 14K prior pref. 100 107 Cartridge Co Preferred 121K 9K 2K 17 4K 10 58 13K 50c. Common 57 K pf.25 Common 101 Preferred. 100 6% Western Groc Ltd.* 47 United Stove 1 United Wall Paper.2 8K 2K 16K Western Air Expr._l West Auto Supply— 69 35 * 4K Michigan Steel Foundry * Preferred 34 5 17 64 K 3K West Grocer Co. .20 46 pref 16K 60 K West Western 7 * United Stockyards— Common. 1 Conv preferred..* Upson Co K 12K Union Oil of Calif. 25 ~4K 97 non-cum * Universal Prod 6 25 Mfg * 8% preferred..100 Union Premier Food 8K Mills class A Swift Union U S Sugar Corp Preferred U S Tobacco 12 Conv preferred-15 8K K * * pref Indies Sugar. 1 64 50c 1st pref 74 Bag & Paper Corp common * Union Garb & Carb * 26 6 IK UK * com conv 63 K 67 Universal Pictures. 1 7K 2K 3K 15K 6K 6 16 35*' 3K 12 K 6K % 7K 4 K Class B Sweets Fisher.* Mfg.. 10 Underw Ell Unexcelled 50 U S Steel Corp * 7 % preferred--100 Steel "% Series A pref * Series B pref—* 16 Sutherland Paper. 10, Swallow Aircraft. _1 Swan com..] 1 K United Submarine Stgnal-25 Sullivan Mach'y * oun $1.50 preferred--* com 24 Unlv Leaf Tob 1 65 K 2 K 7 5M 14K 7K 4K 1 14K 7K 2K 6K * Common UdyliteCorp 65 10 - 20th Cent Fox Film 6K Strut hers Wells 1.25 preferred..* Studebaker Gorp_-l 2 conv Coach 3K * drift W Va Coal & Coke. ♦ IK share Oil & Snow¬ Wesson West Va Pulp Pap 3K 7 % preferred Class 2 13 20 K 76 K Prior preferred. A conv 2K 15K 75 K U S Sm Ref & Mln50 $6 IK 13K IK UK IK 20 H * IK 10K $4 10 Universal CoolerCon v partic A IK 4K 5 10 Lamp—1 pref * Tung-Sol Twin 1 Stlnnes Tr uax-Traer Coal.. * Steel n-cu 6% K 4K 7K 1 Truscon com Stetson (J B) Preferred K K Trojan Oil & Gas of 51 7K 2K 33 K 3K 29 1st pf.100 Realty & Imp 8% United Stores A * Products Delaware 1 IK 1 2nd warrants 49 K 34 1 6% preferred—50 Per Went worth Mfg-IK Preferred * West . 50 7% 18K 7K 2K 32 K 3K 1st warrants 23 Common 6% pref A Conv 5 Williams Triumph Explos—2 3 23 17K Trans western Oil. 10 Trico 36 30 K 27K 1 U S Truck Lines. .1 Forging—* 75 6% 1st pref 50 5% 2d pref 20 Sterling Aluminum 29K 3 17 5 * Steel Products Eng 1 Stein (A)& Co com * Sterchi Bros com..* 14 29 Screen-.1 Transue & 34 IK 17K 47K 33 K 4K 73 K 28 Daylight 25 Preferred Stern Bros Lux Picture 3K 2K Phosphate & Acid 20 2 & Transcontinental West Air Line _ U S Print & Litho— U S Stores Torrington Co Securities..* Preferred 100 Trans 31K K Preferred IK 12K Shipyards—* Towne 120 Stand Silica com 1 Stand Steel Spring-5 47 4K 70K 6 Pump 5 Toledo Shipbulld..* 30 U S Rubb Reel 28K Tokhelm 011 Tank 24K 129 i« Tishman Realty—* Tob Prod ISxpts * 24 K pref_20 conv 24 U S Rubber 46 K 1 1 U S Postal Meter. U S Pot ash U S 8 28 Roll "Bear.* Aircraft 25K 125 Inc com Timm 92 23 $1.40 convpref.20 Timkeo 9K Par sharp Corp—| U S Radiator 18 9K 90 K 7K 1 com IK 17 Timken-Det Axle. 10 1 K Stand Oil of N J.-25 Stand OH (Ohio)-.25 Screw..20 Hoofing 4K 33 K 118 IK Tide W Assn Oil.. 10 Tilo 14 K 4K — Time Tobacco com 1 Standard Dredging Works 13K Thompson (J R)--25 Thompson I'rod * $5 conv prior pf_* Thompson-Starrett * $3K preferred...* 107 K $1.50 33 K 115 Thom pson Auto Arm 1 100 6 4K% conv pref.* Products com-10c Preferred 5 Stand Commercial Preferred A 16 K 5 U S Plywood Common Bid Stocks Ask Per Par i 4K 30* 4K 10 pref conv Bid Stocks share 28 K Thew Shovel Standard Coated Standard 1 Thermold Co 19 Staley Mfg Go 10 7% preferred--100 $5 preferred. »* Ask Per Par Per share IK possible for the closing day of the month preceding the date of Issue Bid Stocks Ask Bid Stocks 91 MISCELLANEOUS STOCKS & INDUSTRIAL Oct., 1940] * 1 10K 14K 2 ~Ii 1 k Last sale, n Nominal, r Canadian price. United States and Municipal Bonds The custom In reporting prices basis of the return the bonds yield per annum. Therefore, and asked quotation is published—either actual figures or on a is to quote them on the for State and municipal securities furnishing the prices below, it will be found that for the single maturity bond a bid basis. In furnishing prices for the serial bonds, however, we endeavor to J a certain bond in our list matures from 1940 to 1951 and is quoted 0.50 to 3.00%— this n instance, 0.50% and the the yield basis: all other figures are bid and obtain the yield basis for the varying maturities. would indicate that the earliest maturity yields ercentage &' latte^maturity is must pe remembered figures shown are the word to Indicates that the asked prices. Quotations for all securities are as near as possible for , the closing day Ask Bid 4Mb highways 1952 M&S b 2.15 IMs 1956 and 1959 M&S b 2.50 b 2.40 Isf-anewal July I. 1956 1Mb 1942. 1946. 1949...M&S b 1.00 4s pub highway 1949-51.M&S b 2.00 4s refunding 1941-1954 J&J b 0.75 3M8 refunding 1955-1965.J&J b 2.50 2s Dec 1947 15 Bessemer Newref 108 107.22 lo7.23 108.25 108.19 106.15 106.16 106.18 104.10 104.12 103.23 103.25 % Mar June % Dec % Mar 1H 2%, Sept 15 15 15 15 122 1942 15 1942 1M% Dec 15 1942 IH% June 15 1943 1% sept 15 1943 1M % Dec 15 1943 1% Mar 15 1944 M % J une 15 1944 1% Sept 15 1944 M% March 15 1945 101.31 102.1 102.23 102.25 104.2 104 . ... 103.30 104 102.14 102.16 102.6 102.4 102.23 102.25 102.1 102.3 102.5 Federal Farm Mtgo Corp— 3 Ms 1944-1964 _M&S 2Ms Ms May 15 1941 Federal Land Bank 102.9 — Farm Loan SMsMay l*55opt'45—M&N 107 % 4s July 1 '46 opt '44 J&J 110% 4s July 1 '64 opt '44...J&J 110 M to 3.80 70 % % 6 3.00 2.90,% 3.10 % 2.90 % 6 1.50 to 6 1.50 to to 3.50 % 3.60,% 0 75'% 2.90 % to to to to 3.60.% 3.70 % 3.70 % 3.70 % 41 39 J&J 6 1.25 1948!6 2.75 1948 Jess 1 to 3.75 to 3.50 less % % 1 3.25 % less 1 ! to .. to 3.25,% lessl M less 1 to 4.25 is % 1 M% Aug 1 1911 _ 5s 1943-1948 5s 1949-1953 101M 101M 101M 101M 5s 1954-1960 100.19 100.21 100.25 100.27 4 M"4s___ 4M-4s 4 M~4s J&J J&D 5s Dec 15 '55-'45 5s June 15 1955 102.13 102.16 Hot Springs 4Ms Little Rock— 101 101 98 106 104 M ield 115 123 M 127M 101 106 100 M 103 M 1.80 107 M 1.60 2.90 116M 101 0.25 107 M 114 M 2.15 121H 2.75 109 V8 1.50 126 131 113 119 to 3.30 to 3.20 % % 3.00 5Ms 1955-1965 6 6 6 6 0.50 0.50 0.50 0.50 Ref 4Mb Ref 3 Ms 1948-1977.F&A 6 2.10 1978-1987.F&A 6 3.10 F&A 6 1.80 108M to 3.00 to 2.55 6 0.25 to 1.70 6 0.20 to 1.60 6 0.25 to 2.65 6 0.20 % % to 2.20 % 12.20 to 0.75 % 6 0.20 to 1.80 6 0.20 to 1.75 % % F&A 6 0.20 to 2.05 % 2Mb Feb 1 1941-1954-F&A 6 0.20 2 Ms Feb 1 1941-1954.F&A 6 .020 Alameda 4s 1940 to 1941 - J&D 6 0.20 6,0.30 to 2.15 '41-48-A&O J&J 2.20 to 2.90 b Basis. / Flat price. n Nominal. to 3.CO % to 2.8o to 2.75 to 2.70 to 2.25 to 3.10 3.05 A&0.6 2.95 3.00 3?20 Modesto Irrig Dist 6s 1911-1943.F&A'& 0.20 4Mb Mun Imp '41-'43-F&A 6 4MB 1941-1965 F&A 6 0.20 0.20 Oakland S D 4s 1941-44.-J&J 6 0.20 Orange Co 5« 1941-1945 M&S Flood Control District— 5B 1941-1943 J2&T2 2s 1944-1951 J2& 12 2 Ms 1952-1953 J2&J2 28 1954-1958 J2&J2 Pasadena 4s 1941-1942 J&J Badlands 5s 1941-1951 J&J15 Riversid 5s 1941-1953- J&D Riverside Co 5s '41-'54._M&N Sacramento 4b Jan 1941-1945 3s 1941-1968Sacram'to Co 4 M* San Diego 5s W W 6 0.50 6 0.75 to 0.70 to 2.65 to 0.85 to 1.40 to 1.00 to 2.00 2:25 2.25 0.25 0.40 0.40 0.40 0.20 to 2.40 0.30 '40-'46 J&D.6 0.20 '43-'54A&0 6 0.90 to 1.60 6 6 6 6 6 6 J&J 6 — 5s School 1941 6 0.40 to 0.80 to 2.35 % to 2.40 to 2.40 to 1.20 to 1.30 to 2.50 to 1966...F&A 6 0.40 4Mb Water 1941-1964 |6 3 Ms g July 1 1941-1944.J&J 6 San Francisco (City & County) 5s Water 1941-1969 J&J 6 4Mb Water '57 '58,'59-J&JI 4Mb Water 19 41-1977..J&J 6 4s Wat Distrib '40-'63-J&D 6 2s 1941-1949 J&J.6 % % to 0.50 2.75 to 2.65 0.25 0.25 to 1.00 I 0.50 to 2.65 % 2.30 ------ 0.50 to 2.65 % 0.25 0.50 to 2.50 to 1.70, to 2.65 % 2.60 to 2.00 .25 £ 0.75 3.20 - page 94. 35 % 0.50 to 2 0.50 to 2.30 2.50 to 2.40 0.50 to 1.70 fo Ref IMs 1941-1943.-M&S 6 0.50 Denver (City and County) 4Mb Water 1944 J&J 6 1.60 to 1.25 % 2Mb State H'way '41-'54_J&D J&D 2Mb warrants 1952-'54 J&D 2s Highway ref. 19U-'47.J&D Colorado Springs— to 1.50 to 2.75 1911-67.J&D 6 0.50 1962-1965-J&D 6 2.85 to 2.60 0.50 to 1.60 2.25 to 2.40 2.00 to Zi.tu 2.40 2.60 to 2.40 2.60 % ' % 0.40 % 1.70 % 2.15 % to 2.15 to to to 2.40 to 2.35 Moffat ~ ffa ' Tunnel I mp 5 Ms 1914 1963 5 Ms 1947-1956 5Mb 1964-1973 5s 1974-1983 J&J'& 1.60 to 3.30 J&J b J&J b 1.90 to 3.25 to 3.50 ...J&J b 3.80 Funding and building bonds— IMs 1944-1958 J&D 5 0.70 ...F&A 5 0.70 IMs 1961-1971 F&A b 1.70 Branford (T) 2s 1941-57-J&D b 0.50 2s 1944-1961 Bridgeport— 5s Refunding 19 41-48 IMs 1940-1948 1942-1950 6 0.30 to to 2.00 % 1 Ms 0.20 to 2.20 % Bristol 95 6 0.50 I I % % J % 3.00!% % 8.60 % CONNECTICUT 6 0.50 6 0.20 1 to 2.75 0.50 1 4Mb to 1.65 Hartford Bridge—• Util Dist—■ Dist 6s Golden Gate Bridge & H'way3 Ms series C 1942-1971 -J&J %" 2Mb Sewer Disp '47-'56A&0.5 1.50 109 M 6 0.20 6 0.20 6 1.00 41-1952-A&0 Berkeley 5s 1942-1951 J&J 3.40 5s School 1941-1955 J&J l to 1941-53.J&J|6 4s July 1941-1945 J&J.6 3.65% March I, 1950-1954.'6 2Mb Sew dist 1947-56.A&O 6 3b 1963-1972 opt 1955-A&0.6 3 Mb Mun Water Retire 1963-1972 opt 1955-A&O b J&J 4Ms Mun Imp I 107 to 2.80 to 3.10 S D No 104.1-10^4 Bakersfield 5s 19 107 to 107 Ref 4s 1971-1988 4Mb Water Carquinez Toll Bridge— 3s Feb 1941-1952 to , 4Mb Ref Wat 1 CALIFORNIA Calif T >11 Bridr - Authority— East Contra Costa Irrig ALABAMA 3Msrenewal class O 1956.J&J b 2.30 Tax-free in Connecticut. 102 lesslM lesslM 1941-1949 to 107 COLORADO less 5s 1941-1974 * 6 0.50 3s warrants 1911-1951 6 3.70 1 I 3.20 Ref4s 1946-1986 99 100 H 6 2.90 East Bay Mun b 0.75 High Sch DIs 5Ms Nov 1940 1960--M&N 5s 1941-1964 F&A 4s 1941-1961. J&D 3 Ms Jan 1 1941-1960 Los Ang Co 4 Ms '41-'49. .F&A Metropolitan Water District CANADA—See Veterans Welfare— 114 4Msbarbor impt June 1 '41-'73 101M 101M 100 M 6 2.15 3 Ms Jan to 100 100 A&O A&O Turlock Irrig Dist 6s 102 4s 1958-1960. *ia % 4Mb gold Aug 1943—F&A 102 4s 1944 103 M 1.25 103 102 St Francis Levee Dist— 106 99 102 M 103 4s reg Jan 1 1944......J&J 1960 J&J 4Mb Jan 1 1951 opt '41.J&J 4 Ms July 1 1947 J&J 4Ms 7-l-56-K9 1-1-56..J&J 5s July 1 '44-'43 J&J 5s July 1 1972 J&J 2.75 2.80 102M Little Rock S D 4s '41-'55 M&S 102 M 122 4s reg Jan 1 '41-'50-M&S San Fn.n-Oak4s 1976-M&N 1.60 4s 1941-1964 M&N 110'M 1.50 4Ms Univ Bldg Jan5'41-65J&J 117M 2.90 125 4Ms Highway 1941-48.J&J30 4Ms 1941-1947 F&A 4.00 4 100 Ms Olympiad 1941-71--J&J2 4.02 4 Ms 1941-1952 _F&A 104M 4.12 4s Harb Imp 1985 opt '50. J&J 105 4.08 5s Jan 2 1941-1943 J&J2 105 4.11 4s Jan 2 19 44-1948 J&.J2 108 116 5s Feb 1 1952 F&A 5 Ms Aug 1 1941 F&A Puerto Rico (Govt of)— 2 Ms Jan 1 1946 J&J 101M 1.90 108 M 0.75 105M 1.60 116M 124 109 J&D % 1 10 102 M 0.75 102 M 2.15 120 J&D Philippine Government— 4s reg Dec 1 '46-'26.MJSD 4Ms July 1 & 15 1952... J&J 4 Ms Oct 1 1959 A&O 4Ms July 1957 J&J 1 3s Attorney Gen opt 1944 3s Rose. Hemingwav ont 1944 100M 100 M 98 M 100 M 100 M 4Mb Fund 1941-1950.M&N 6 1.00 4s Water Rev 1941-76.F&A 6 2.00 M&S l Jan. 38 1949 , M&S J&J 101 100.26 100.28 401.10 101.12 Y 4Ms May 15 1942 M&N 4 Ms Oct 15 '56-'46 A&O 4Ms Nov 15 1956 M&N 4Ms«,Nov 15 1958 M&N Honolulu (City & County)— 3Ms Sept 15 1946 5s 1961-1967 5s 1968-1977 TERRITORIAL AND INSULAR Hawaii (Territory)— lMs Sept 1 1944 2.10s July 20 1942 2Ms July 10 1954 3s Dec 1 1948 J&D 6 0.50 I 4Ms 1967-1977.J&J,6 2.60 Spring Val 4 Ms '67-'69_J&J San Joaquin Co 5s '41 '49-J&J 6 0.30 Santa Barbara 5s 1941.-Jan 10 102 100.17 100.19 101.10 101.16 101.14 101.20 3.00 to 2.90 0.50 1941 to 1975. J&D 6 Hetch Hetchy— ARKANSAS 100.12 100.14 100.29 100.31 M% May 1 1943 Federal Natl Mtge Assn— 2% notes May 16 '43 opt '40 1M % Jan 3 1944 opt 40 Reconstruction Finance Corp M% notes July 20 1941 M%.Nov 1 1941...... H% Jan 15 1942 Is July 1 1942 UiS Housing Authority— 1M % notes Feb 1 1944 to 2.90 1943-1947 1947 1959 Oakland 5Ms Commodity Credit Corp— 1% Nov 15 1941 J&D .6 1.25 J&D 6 2.70 % Colorado River Waterworks 2 90 2.90 ~/q 4 Ms Corp 1945-59,-J&J 6 3.75 Tucson 5s Water 1950 J&J 6 3.00 111 to 2.75 2s 19 10-1942 & Power District— 111% to 6 0.50 ho Refunding Rev 101 J&J 6 3.00 Salt River Project Agric Impt 107 M 107 Vs 6 0.50 Wks 100 6 2.00 5s to 2.80 3M 1941-1954 J&D 6 0.50 3MbBer A 1941-1977-J&J,6 0.50 3 Ms ser B Jan 15 *77 J&J 106 M 3 MB 1948-1958 J&D 6 2.10 6 3 00 - 5s W W 1941-1950 Un H S D 4Mb 6 0.50 3 Ms 1941-1977 6 3.00 6 2.00 Prescott 2.8 j of Southern California— 6 2.00 Phoenix 107 to 103 Highway 6s Jan 15 serially 6 1.50 Co Ct H'se4Ms '40-48 J&D 6 2.00 Phoenix 4 Ms '50 opt '30-J&J 6 3.10 4 Ms 1941-1956-.J&J 6 1.25 6s Jan 1 1946 J&J 6 3.50 106M 6 0.50 Ref 4s ARIZONA Bonds to 2.85 7s 6 0.50 101 School No. 1 5s 1945..-J&J 6 2.25 102.11 to 1.50 Electric Pl ant Revenue— Maricopa County— 100.10 100.12 3s July 1 '65 opt *45—.J&J 106 % 3s Jan 1 *56 opt '46---J&J 106 H 3s May 1*56 opt *46.—M&N 106 Vs 3.00 to 3.10 6 2.50 Tuscumbia refunding 1 %to4 % 1942-1944...J&J 103.17 103.19 ser G 1 Ms ser M 1945-1947.. J&D % 1941-1944—J&D J&J 6 0.50 2.80 Los Angeles City 6 1 50 4s 107.30 108.2 -J&.I 103.23 103.26 M&N 107.25 107.27 2 Ms 1942-1947 M&S 103.21 103.25 Federal Home Loan Banks— 2s Dec 1 1940 100.10 100.8 2s Apr 1 1943 102.26 1U3 Home Owners' Loan Corp— 3s ser A 1944-1952....M&N 107.16 107.18 3s 1942-1 947 3s 1944-1949. to 2.85 105 to 4MB 4Mb 100.15 .00.17 to 6 0.50 3s 1943-1949 68 ref pub Impt '41-'53 M&N 6 1 50 Tuscaloosa Co 6s Bridge 1941 6 1.00 5s Road 1957 M&S 6 3.00 Tuscaloosa (City)—5Ms serial 6 2.00 100.30 101 to 2.70 6 2.30 3M* 2MB to 2 80 J&J 6 1.50 5s W W 1941-1957 6 2.40 Water Tuscaloosa— 102.3 57 to 2.85 90 6 3.25 4Mb 1911-1958 J&D Gen fund 4 Ms 1941-66 J&D Montgomery— 5s funding 1941-1966.-J&J 4Mb Sanitary Sewer Jan 1'44 Montgomery Co 4 Ms 1957-59 6s Road 1951 J&J Morgan Co 5s road 1952-F&A Selma (Oitv) 5s-6s 1940-1955. 2Mb 1941-1952 J&J 101.23 101.25 101.24 101.26 1941... 98 89 103 63 55 4Mb 1911-1968 4 Ms 1941-1969 3.75 to 60 6 0.50 4Ms Sfb to 3.30 6 1 50 4M* June 1 1941-1948 5s School Mav 1 1945 100.8 1941 1941 107 Mobile Co— 110M Q-J mu 1M% Dec 15 1940 1.00 A&O % 104 1944-1959—.- Refunding 2-5s Jan I 1Q66 4s Tunnel Rev 1969._M&N J«vD 105.18 105.20 104.17 104.18 101.22 101.24 " iH 7o to 2.60 Imperial Irrigation District— Refunding 6s 1983 J&J Refunding 5s 1983 Los Angeles (City)— 4s 1941-1962 2Mb WatWks 1956-76 M&N 3 Ms Water wks 1952-1975 3 Mb Water 1941A&O 4Mb Water 1940-1970-A&O Net Ask M&S 5s Municipal 1941-61--F&A 5 Ms Harb Imp *40 '61 M&N 3 Mb Sch Dist 1941-61 ..J&J to 2.40 7g to 2.40 % 1.60 to 2 80 A&O 1.00 to 2.60 1 3 Mb impt ref 1941-50..J&J 1.50 to 3J0 3 Ms Imp ref 1942-1958 A&O 1.25 |to3.10 4s 1941-1961 A&O 1.25 to 3.10 4Mb 1941-1960 A&O 0 75 1 00 5ssewer8 Sept 20 1941 M&S 45 47 Florence refunding 1% to 4%. 4.00 Oad«ien 6% Impt long mat— 6 4.15 Jefferson County— to 1.60 4Ms Ct House 1941-43 M&N 6 1.00 to 3 00 4Mb Ref 1941-1961 —-A&O 6 1.00 Mobile City3s 2s Dec 15 1948-1950...J&D 2s June 15 1953-1955..J&D 3s Conversions 1947.. U S Treasury Notes— to 1.90 6 3.85 4% Birmingham— 2Ms 1941-1952 107.30 107.20 107.21 108.22 108.16 I0o.l3 Canal 1901-.Q-M 3b Conversions 1946 Q-J 2.30 Corp 4s 1940-1951 106 Bridge Auth. 4s July 1 1957.Anniston— 5s schools 1941-1947---J&J 6 2.00 108.12 108.14 3b Panama 2.40 103 State Bridge Sept 15 1951-1955.-M&S Ul.ll 111.13 108.29 108.31 109.12 109.15 109 109.3 2Mb Mar 15 1955-1960 M&S 2 Ms Sept 15 1945-1947 M&S 2Mb Mar 15 1948-1951 M&S 2Mb June 15 1951-1954 J&D 2Mb Sept 15 1956-1959 M&S 2 M» June 15 1958-1963 J&D 2Mb Dec 15 1960-1965 J&D 2Mb Dec 15 1945 J&D 2Mb Sept 15 1948. M&S 2Mb Dec 15 1949-1953 J&D 2M® Sept. 15 1950-52.M&S 2 Ms Dec 15 1951-1953.J&D 2Mb June 15 1954-56.J&D 2.10 % - To or Bid Bonds Net Ask Bid Bonds Net UNITED STATES—See also pa ge 19 Treasury Bonds— 4Mb Oct 15 1947-1952.A&0 ,120.7 120.10 4s Dec 15 1944-1954...J&D U3.27 113.30 3H» Mar 15 1946-1956 M&S 114.19 114.22 3Ms Mar 15 1941-1943 M&S 102.10 102.12 3Ms June 15 1943-1947 J&D 108.11 10o.l3 3Ms Aug 1 1941 F&A 103.8 108.13 3 Ms Oct 15 1943-1945.A&0 108.16 107.18 3Ms Apr 15 1944-1946.A&0 109.12 109.14 3 Ms June 15 1946-1949 J&D 111.27 111.30 3Mb Dec 15 1949-1952 J&D 112.21 112.24 3s June 15 1946-1948..J&D 111.12 111.13 3s Yield Basis To or To or Bonds of the month preceding the date of issue Yield Basis Yield Basis __ J&J b J15&D15 b 0.50 0.40 to 1.75 to 1 .8=1 to 2.50 to 1.50 to 1.25 F&A b 0.40 to 1 .80 5MS 1940-1957—.J&D b Cornwall 2s 1940-1956 __A&O.b 0.50 to 2.15 0.25 to 2.00 Danbury— | 3 Ms Fund 1941 tax'le.A&O b 0.50 Darien IMs 1040-1958.-A&O b 0.25 to 0.25 to 2.00 Quotations for all securities are as near as possible for the closing day of Yield Basis To or M&N b 0.25 4?^s School 1940-59 F&A b 0.25 F&A b 0.25 2s 1941-1965 Iks 1911-1945 Fairfield (County)'— I to 2.00 -/o to 1.10 % to 1.25 7s 1946 A&O Certificates of deposit... % Hartford— Iks Sept 1 1941-1959.M&S b 0.25 1954-1955. J&D 1941-1949...J&D b 0.35 to 1.65 4s Water % 1.50 % to 1.75 *4ks Northeast 1959.J&D Hartford County— Metropolitan District 2ks ! Q41-1978 1H 1941-1970 1Kb 1971-1980 Manch»*ter*4 Vis J&J b 0.15 J&J b 0.15 J&J,6 99 k 1941-44M&N|6 0.40 Meriden 1 Kb 1940-1943.-J&D b 0.25 —M&N b 0.25 Kb 1941-1944 Middlesex County— 1 Kb Bdge 1910-1955.M&N b 0.20 to 2.00 to % 1.75,% 97 k to 1.251% to to 1.00 % to 1.00,% to 1.50 New Britain (Co)— 2i 1941-1951 F&A b 0.40 *4ks School 1941-52.F&A b 0.40 New 1.50 to to 1.75 Haven— 4Hs Imp 1910-1952..M&N 6 0.25 Iks 1940-1948 J&D15 b 0.25 to 1.75 1950—F&A Iks 1941-1954 J&J 6 0.25 to Sewer41-1968.M&S b 0.50 to A&O 6 0.25 to 4Mb Water ref Norwalk (T) 4 k* 1942..J&D Norwich 4ks 1941-1965 M&S 2k" 1941-1959 J2&J2 Rldgefield (High School)— Iks 1941-1963 J15&J Stamford <C) 4s 1942...M&N 2Hs 1910-1961 .M&N Stamford (Town)— ♦4 k» Sch 1941-1965 M&N 1 H* 1941-1950 A&O Buffleld lk« 1941-1959..J&J Torrington 2ks 1941-'57 A&O Waterbury— 5s Water 1D t()-i ©71 M&N 3s Street 1941-1955...F&A b 0.50 b 0.50 to b 0.50 to 2.25 b 0.50 to 2.25 b 0.50 b 0.50 b 0.50 b 0.25 to b 0.50 b 0.50 to 2.75 to 2.001% to 4ks Mar 15 1941-49..M&S b 0.50 Haven (School Dist)— *4Hs 1941-1956 M&N b 0.50 to West Windham 4s 2.00j% % 2.00 % 1.90 % Hartford— West to (Township)— 1.75|'% 2.00(% J&J b 0.25 to 2.25 J&D b 0.25 1911-1952... 2k« 1941-1953.. Austrian Govt 7s IS 8k 7k 8k 7k ?k 11 9k 10 8 10 9 10 9 81k 71k 63 64 k 66 k 65 54 k 54 48 k 1957—J&J;/ 58 50 8k 13 58 12 20 7s 1948 .ii&O / Barrauquilla 8s 1935-40-46-48 / Bavaria (Ger'y) 6k* '45.F&A / Bavarian Palatinate 7s *45 J&J / Belg Govt extl 6 k* 1949 M&S External s f 6s 1955—J&J Extl sf 7s 1955 J&D Berlin 6ks 1950 A&O / 6s June 15 1958 J&D 20 14 k Certificates of deposit... 14k 15k 15k A&O Bogota (Mtge Bk) 7s May '47 15 k 20 6k* 1941-1944 J&J|6 Sussex Co 5h 1941-1970 J&J 6 4ks 1911-1953 A&O,6 Wilmington— 4k* Bldg Con '53-'62 M&8 ft 4ks 1910-1958 (s-a). .A&O 6 5s 1947-1949 A&O b 4s 1942-1948 A&C b 0.25 1.30 10 Certificates of deposit ! 7s Oct 1947 A&O / Certificates of deposit.__ / 1.75 to 1.80 Vo 1.00 to 1.75 to 2 50 k 50 k "55"" 50 k .... 21 57 21 20 00|% 0.50 % to 2.50 0.50 to 1.50 0.50 to 2.00 1.25 0.50 to to to 101 Ref 3 k* 1941-1947 -M&S 100 Duval Co Road 6s 1955..A&O 6 3.20 . Duval Co School District No. 1 5s 1910-1955... A&O 6 1.75 100 Escambia Co 6s Aug 15 1951. 2.50.% % 2.00 % 1.50 1.50 5 f 5s 1958 20-year Jacksonville— 6s Jan 15 1941-45--J&J to to 4.00 % 109 3.90(% % to __ St Johns Co Road 5s 1946... Road 5ks 1944 M&S Call(Colombia)s f 7s '47.M&N 1944.-J&J s f 8s *54.J&J / Oauca Vai (Dept of) Colombia Carlsbad (City) 3.75 to 3.60 Connecticut, A&O 39 68 July coupon on 5k 8 10k 30 8k Farm loan 6s 1960..A&O15 14 6s Oct coupon on 1960 A lnt ctfs 1938..A&OI.1 Cent. Bk. of Ger. 6s A '52 F&A 21k 97 106 2.75 -/o 3.60 % to to 3.60 % 3.70 % "20"" 1.75 % 3.40 % 104 88 79 108 81 3.90 % 100 ... to 3.75 % 108 106 b Basis. 14k — ... - = 9k 12* s f 6s A&O 1960 6s assented Feb Extlsf 6s !?* 1961... assented 1963 wwinm Chill Mtge Bk 6 ks '57 J&D31 6ks assented 1957 , 1962 6s assented /Flat price. 11 __ 12 k 11 12 k 11 12k 11 / 8fgu6ks Jne 30*61 J&D31 / 6ks assented 1961.. f 6s / 10 M&N/ Ilk -/ 10 A Last sale, n Nominal. 18k 101 k 75 9k 10 k 30 30 25 35 35 k 36 k 70 70 70 68 k 21 8k 29 k dQU 21 68 56 70 60 Offer—' 1968 Guatemala 8s 1948 16 14 11 "18" 3k 25k 15 10k Ilk F&A M&N 40 70 (Rep) 6sextl 1952.A&O 1953. i1H 12 Greek Govt s f 7s 1964—M&N 7s part paid 1964 M&N Sink fund 6s 1968 F&A 6s part paid "54k 52 k 21 7s unstamped 1949 A&O Gold 68 1946 Hanover (City) 20 A&O Germany 7s'39 6s 1st series 1957 .F&A/ 6ks 2nd series 1949—.F&A / Heidelberg (Germ) 7ks'50J&J / Helleplc Republic (Greek) Sec Wat Works 8s 1952 A&O / Helsingfor8 (City) Finland — Extl s f 6ks I960. ..A&O Hessen. See Munich Bank Hungarian Cons Munlc Loan if g 7 ks 1945 J&J Extl s f 7s Sept 1946..J&J Hungarian Land Mtg Instit'n — Mtg 7ks 1961 "ilk A..M&N 12k 14k 8 10 20 42 50 8k B($bds)M&N 9k 9k Hungary (King) 7 ks 44.F&A Ext at 4k% to 1979..F&A, *29" ST7ksT6l ser ser Irish Free State 5s 1960. M& IT "ilk 'ilk 60 Italy (Kingd) extl 7s '51.J&D Prestito Redimibile 3ks.— 46 k Specified "io'k 12 10k — 26 ...3 20 Ital Credit Consortium for Pub wksext 7s B'47 M&S Pub Utll Credit • f 7s'52J&J 36 29 unspecified "ilk \bH 'it* \b* 10k ..A&O/ Ilk 1962 15k Ilk 12k 6% o7j 6?«a^ented 1961 15k "ilk 1961 8 f gu 6s 1961 10k 12* Sept. 1961.-M&S 6s assented Sept. 17 Ilk 7% assented 1942.. 6s assented 1960 Extl s f 6s Fob 1961...F&A - 66 15 A&O 1951 Extl Ry ref 6s Jan 1961. J&J/ 6s asspnted Jan 1961 I/ Extlsf 6s 1962 M&S / 6s assented 1962 f Extl ■ f 6s 1963 M&N/ 107 105 19 Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S f. 7s assented 1960 M&S / Chill (Rep) ext 7s 1942.M&N Extl 3.00,% B 72 Hanover (Prov) Germany— 10 6s 43 k Hamburg (State of) Germany 32 3.25 to 29 25 45 Scrip German Prov & Coram~~Bki (Con Agr Loan)6ks'58 J&D Graz(Mun)Austria 8s'54M&N Gt Brit & Ireland—See British 6s 10 to 3.25 65 k Cons munlc 6s 1947—J&D ' German Govt Internat— 5ks loan of 1965 J&D /13 k 5 ks unstamped 1965 / 10 Stamped (Canadian holder) German Extl 7s '49 stamp A&O Haiti lk 14 I960.. 1969 7s plain 1949 7 ks plain 1941 12 22 4 ser Dresden (Oer) ext 7s 45 M&N / Duesseldorf 7s to 1945—M&S / 14 Duisburg 7s to 1945 M&N,/ 14 El Salvador (Rep)—8s A 1948 Certificates of deposit / 7k Estonia (Rep of) 7s. 1967 J&J / 10 Finland (Repub) 6s '45.M&S 46k Frankfurt-on-Main (Germ)— 7* 1939 A&O / 26 7s 1940 A&O / 22 7s due 1941 A&O / 21 1942 maturity '/ 19 1943 maturity I/ 18 1944 maturity •/ 17 1945 maturity 1/ 17 Extlsf 6ks 1953 M&N ' ... 18 22 67 k 70 70 67 Funding 3s 1946. / 39k German Cons Munlc 78*47"F&A / 14 30 8k Farm loan 7s 1950..A1&S15 Farm loan 6s 1960...J&J15 to 2.85 . German Convt .Ionversion 12k 10k "21" 70 67 ser 5 ks of '26 ext 2d _ ^ 48 k 49 40 30 14 J&D F&A J&J 15 7ksext 1941 stamped J&D 42 28 F&A 5k* 1940...A&O Customs Administrations— 5ks of '22 ext 1961——. 2d series 1961.. 5 ks of'26 ext 1st ser 1969 „ 70k 71 70 5 Certificates of deposit.. Ceara (Brazil) 8s 1947..-J&D / Cent Agricul Bank (Germany) 100 2nd 55 .... , 2d Series 1942 5ks Oust Adm 1940.-A&O 83 46 M&N French Government— 7s ext of 1949 stamped. J&D 7k 9k Certificates of deposit Extl sec 7s i948 J&D 17 114 105 8t Petersburg— 79 Refunding 3-5sOct 1 1972 Suwanee Co Road 6ks 1946.. 6 4.15 Tampa— 99 5s June 1955 opt '25—J&J 5s W W Purch *41-72.F&A 6 1.75 4ks fmpt 1947 J&J 105 Ref 4s 1943-1965 M&S 102 West Palm Beach— 64 Refunding 2-5* 38 35 5 5 Callao (Peru) 7ks 6s series 100 Refunding 4s 1941-62.F&A Orange County 5s 1944--J&J 6 3 00 6s 1952-1953 J&J 6 3 75 5 k* 1945 1950 M&S.6 3.00 6s 1941-1950 6 2.00 4s 1961 1 105 Palm Beach (City of) 5s 6 3.25 Pensacola 4ks ref 1941.. &J 6 2 00 6s 1958 J&J 6 3.70 101 Pinellas Co ref highway 4» 86 St Augustine ref 4s 1967..—. New refunding 3-5s 76 61 41 10k 9k 9k Caldas Exts f 7 ks 1946..J&J Certificates of deposit 7 ks 1946 94 Ref 3-4 k-6s Jan 1 1964 Orlando— s Bulgaria (Kingdom)— Sec s f 7s 1967 J&J Stabll loan 7 ks 1968.M&N _ 6 1.75 37 34 35k Miarai Beach— M&N 60 52k 55' 44 — 1941 1950 50 -F&A 31 84 Ref 4k« non-opt 1947-56.- 6 2.75 New Smyrna— "22" Ext re-ad I 4k-4ks'75M&N Extl s f 4s S bonds 1984.J&J 118 106 3s and 3ks 1941-1954... 6 1.00 19 20 49 k 53 to 2.50 96 12 k " 3.20 82 Refunding 3ks and 3ks Housing Authority— 12k 31 46k 46 k 102 103 110 30k / 46 . Ref s f 4k-4ks '76...F&A Extl re-adJ4k-4ks '76A&O 3.70 % 103 5k« Jan 15 1941-45.J&J 15 6 1.75 1952.. 12 k 12 3.00 78 to 2.50 Watt* & Light 6k« 1941-50 6 2.00 Leon County— 6 1.75 6s July 1 1941-55 115 Marion Co Road 6s Feb 1 '52. Ilk f 6s 1950 J&D British 4t 1990 opt *60.. .M&N War Loan 3 ks of 1932 Victory 4s due 1976 Brit Hungarian Bk 7&s 1962. / Bud"pest(City)68J'n,3ocoup,62 / Buenos Aires (Prov)6s'61 M&S / 6s stamped 1961 M&S / 7s stamped 1952 A&O / 7ks stamped 1947 M&N/ 6 ks stamped 1961 F&A/ Scrip / Readjust 4 k-4ks'77.M&8 15 6 1.75 Refunding 2.60s Jan 1 1957 Lakeland new refunding... 4* 4k 15 12 f 6 ks (1927) '57. A&O Funding scrip Bremen (State) 7s 1935..M&S 6s 1940 M&S Brisbane (City) Australia— 30-yr s f 5s of 1957 M&S Gainesville— 6 1.75 6ks July 1941-1975— 105 Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4.. 6 4.15 s Funding 5s 1931-1951.A&0 75 3.90 % Coral Gables— 76 New refunding 2H-5* 1977Dade Co 5s Oct 1947-54-A&O 6 3.85 Special Tax 8ch Dist No. 2 Ref 4s 1956-1967.--M&N Brazil 8% ex 1941 7s Cent Ry elec 1952.-J&Di/ Extls f 6ks (1926) '57.A&0 to 1.50 0 50 M&S,/ Funding 5s 1951 5s 1953 F&A 22 Danzig Port & Wat Ways Bd Extl s f 6 ks 1952 J&J / 7k Denmark ext 6s 1942 J&J 32k Ext'l 5ks 1955—.F&A 32 Trust rets 4 ks 1962 A&O 15 31k Dominican Rep 5ks '42.M&S 40 4k A&OI/ J&D / 17 M&N 96 53 k 100k 100 5k8PubWk8June30'45J&D / 74k Cundinamarca Dep(Colombia) A Extl s f 6ks 1959 M&N / 8k Certificates of deposit / 5 Czechoslovak Republic—■ Ext s f 8s 1951 ser A..A&O / 10 Ext s f 8s 1952 ser B__A&O / 10 Danish Cons Municipal Loan 5ks 1955 .M&N 24 k 28 10 28k (Republic)— f 7s 1951 Extl g 4 ks *49 opt Extl 4 ks 1977 Extl g 5s 1949 Ext! s f 5ks '53 16k 20 27 k 28 Costa Rica Pac Ry 7ks 1949, / 15 As 1949 M&S / 12 k Cuba (Rep) 5s 1944 M&S 101 4k 4k f 7s 1969 Rica sec s — 55 4 Extl Brevard County School Tax 70 Districts No. 1 &4 Refund. 6 4.00 Columbia Co Road 6s 1955 Road bonds 5s July 1 27k I* (Rep) Ext 8s '47 M&NI/ ...J&Ji/ s 6s 1940 FLORIDA . 25k 12 13 Extl to 1.25 1.75 0-25 Ext 6 "21" (City)— Extl s f 7s 1957 F&A / 61 7s stamped 1957 / 40 Externals f 7s 1937...M&N / 38 7s stamped 1937 / 33 Cordoba (Prov) Argentina— Extl s f 7s 1942 70 k J&J 40 Extlsf 6ks 1947 % to Cordnba 28 f 7s 1951 12 J... _ 68 k 63 k 15 10 4k Hukuang Rys5s£__J&D 1/ 2 k-5s Cologne Germ'y 6ks'50.M&S Colombia Rep 6s 1961..J&J / 26 Certificates of deposit / 26k 68 Oct 1961 A&O / 27k Certificates of deposit... / 26k 70 Funding 4s Jan 1 1946 Colombia Mtge Bk— 20-yr sf 6ks 1947 A&C / 20 Certificates of deposit / 10 Sink rd 7s(of 1926) *46 M&N / 20 Certificates of deposit / 20k Sink fd 7s (of 1927) *47 F&A / 20 Certificates of deposit / 20 24 k Copenhagen 5s June 1 52 J&D Extl g 4ks 1953 23 M&N 24 77 11 J&D Chinese Government— Costa 21k Extl 7s 1958 April 1 1911-1947 b April 1 1948-1957 b April 1 1958-1966 b highway 1941-1979..J&J 6 Kent Co 4 k* 1945-1950.M&S.5 New Castle Co— Tax f)re* In 8k 10k 9H J&Ji/ s Bank of Colombia 7s to 2.00 2k* 2k* 2k* Iks * 9k 8k 9k 8k 9k 8k 9k '47.A&OI/ Baden extl Bolivia 5ks '33 k 50 8s 1946 DELAWARE Miami 23 K '24 Bogota (City) extl 8s *45. A&O to M&N b 0.50 1940-1952 % % 1.60 % to 2ks (TjS '25 14 M&S 1946 20k 20 20 k 20 20k 20 20k 25 Antloquia Col (Dept of) J&J Extl s f 78 ser A 1945. Certificates of deposit— Extl s f 7s ser B 1945. .J&J Certificates of deposit... Extls f 7s ser C 1945—J&J Certificates of deposit. Extl s f 7s ser D 1945..J&J Certificates of deposit... Extl s f 7s 1957 1st ser .A&O Certificates of deposit... Extl s f 7s 1957 2d ser.A&O. Certificates of deposit \f Extl s f 7s 1957 3d ser.A&Oi/ Delineates of deposit.. % % to 2.25 to J&J deposit 68 M&S Antwerp (City) extl 5s *58 J&D Argentine Repub— 2.00 4 k* s f extl loan 1948.M&N 1.60. % Extl s f conv 4ks '71 -M&N 8 f extl loan 4s Feb '72. F&A 2.50! % 5 f extl loan 4s Apr '72. A&O 2.00 7o 2% Treasury notes 1948... 75 Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 2.50 % Extl 5s 1957 2.25 M&S Extl 4ks 1956 M&N to 1.25 New London— lk« 1941-1959 1947 Certificates of Akershus (Dept of) 4s Anhalt 7s to District) (School 7s 1.75 3 ks Bridge Hartford / / / / / / 6s 1948. ...A&O Certificates of deposit... to 1.00 J&D 6s stamped 1931 23 Ask (Concluded)— 6% notes 1931 F&A / 20 6s 1947 To or Bid Bonds Net Chili Mtge Bk GOVERNMENTS Certificates of deposit... F&A b 0.25 Ask CITIES Vgrlcul Mtge Bk (Colombia) to 1.25 1 ks 1941-1947 Bid Bonds AND to 2.00 1 Hs 19 0 to 1950 J&D b 0.25 Greenwich3s l9'l-1944-.F&A b 0.25 Yield Basis To or rOREIGN East Hartford (Town)— the month preceding the date ofissue Yield Basis H Net Ask Bid Bonds 93 MUNICIPAL BOND8 STATE AND Oct., 1940] ...... Japanese Government— 8 f Gks 1954 .F&A Extl • f 5ks 1965...-M&N Oriental Dev Co 6s'53.M&g Orient Dev Oo 5k*'58M&N 68 54 k 49k 49 Net possible for the closing day Quotations for all securities are as near as Ask Mtge Institution Sink fund 7s 1945 J&D / Sink fund 6 %s 1940-.-J&D/ 18 15 1956---M&N 15 1956 M&N 1957. A&O / 10 Leipzig (City of) 7s 1947F&A / Lima (City) Peru— » — 18 Certificates 14 11% (Munic) (Colombia) 20 10% 5 20 — deposit— (i^o/) Argentina— Mendoza 86 J&D 1951 7 He extl s f 70 Stamped --J&D 4s extl readj $ bds 1954-J&D Metrop Water Service— See New South Wales. Irrigation— f gtd 4%s 1943—' Stamped assented 13 8% Certificates of 0%s 1954 Certificates of 12% 8 % 5 1951 -^&D deposit - 7s extl Dec 1 75 69 M»Wi899 1 % / Minaa Geraes Extl 6%s 2 1 '28"" 25 52-A&0 (State) Brazil 7% 1958---——M&S 7% 1959 ser A—M&S Montevideo (City) 7s *52^J&D f 45 Extl s f 6s 1959 ser A-M&N / 44 Extl 6%s . 8% 8% Mt^^Bank of Denmark23 1972 ser IX J&D Municipal Bank— Hessen 7s to 1945 F&A/ 14 National Bank of Panama— 65 4s ser A & B 1946-1947— / 60 4s ser O & D 1948-1949 New South Wales (AustraHa)6s extl s f 1957F&A Extl s f 5s 1958--—--A&O 57 73 45 46% 46 % 48 1956—M&S 33 *35" 33 35 33 38% Norway Municipalities Bank Guar i f 5s 1970------ J& D 27 3^ 1952 .F&A/ Nuremburg extl 6s State) 7s 1945 / 14 Oriental Devel—See Jap Govt Oslo s f extl 4%s 1955—-A&O 20 Panama (City) 6 %s 1952.. / 50 35 22 Oldenburg (Free 29% Panama (Rep)ext5%«'53 J&D/101 % Extl s f 5s ser A 1963.-M&N/ 59% Stamped (assented) 52% of deposit)—. / — — serinf 22 Series A (ctfs fi% Parana (State) Brazil 7s 1958. / 13 of, Brazil 17s 1947 M&S / if 7s 1959——-M&S / Pernambuco (State Extl s Peru sec Nat Loan extl 6s Extl s f 6s 1961 Poland (Repof) 190O-J&D / A&O / 6sl940-A&0 / assented 1958--A&O/ Stabilization8 f 7s 1947 A&O / 4 %s assented 1968--A&O / 4 %s J&J / 1950.. assented 1963 External 8s Porto Alegre (City) BrazilSinking fund 8s 1961 —■'A*? S f 40-yr 7s 1968 5% 7 6% 6% 103% 65% 54% "25" 16 f 7%s 1966—-J&J / 7 5%, 9% 5 8 8 4% 3% '""4% 7% 7)4 »za 10% 9% r-FAA/ (Westphalia) 6s 33 f 19 18 6s 1936 / 18 6s 1941 / 15 Prague (Greater) City — 8 7%s loan of 1932-52.-M&N / Prov Bank 1951—M&S 15/ Queensland (State) 7s 41 A&O Ext g 6s Feb 15 1947 F&A 16 Bio de Janeiro 8s 1940---A&O Extl sf6%s 1953 F&A / / / — 79% 7)4 6% 6% 6% esseries !°o* 10 8% 34 10 9 Salvador 7s A '47 -I&S / 11 - .A&O / 11 1957--. --—J&J / v- deposit--- / Certificates 4s / scrip 8s 1948 ------ / 1948 / Santa Oatharina (Brazil)— 8s 1947 F&A/ San Paulo (Brazil) State of— 8% external loan 1930-J&J/ Extl 8a 1950 J&J / Extl 7s 1956 M&S/ Extl 8 f 6s of 1928.1968 J&J / Sec 8 f 7s 1940 A&O / Santa Fe (City) Arg Rep extl 7s 1945... A&O / 4a 1945 stamped A&O / Santa Fe (Prov) 7n 1942-M&S/ 4s Stamped 1942 8s ctfs of deposit Extl guar s f 4s 22' .J&J/ B 1947 1964--M&S (Dept) Colombia f 7# 1948 A&O/ 7 5% % 7% 7% '"6% '"§% 7% 8 Venetian Prov Mtge S f 7s 1952 ser A Vienna (C) extl 6s Warsaw (City) 7s 21% 13% 12% 23 14% 13% 10% 36% "38"" 40 30 67 53% 60 13% 4%s Mar 71 76 81 97 97 94 95 90 65 53 70 62 65 80% 85 84 88 72 80 88 93 82 86 59 63 56 57 60 61 56 53 56 51 97 55 99 J&J J&D A&O 91 5s 1940 & 1941 97% .75 86 82 F&A 90 b var 88' to 75 J&J J&J to 94 87 83 58 1945 & 1940 var 15 98 94 A&O b 1911-1945 Jan 68 65 M&S 1950-1959. 4%s 70 63 53 5s 84 70 68 M&N15 Pj60 15 5s 1950 & 1951 79% 81% 81% 91% 1949 A&O Refunding 4s 1945 A&O 20 yr 4s 1952. A&O 30-yr 4fc 1960 A&O Refunding 4%s 1944.A&O 5s Nov 15 1941 M&N Refunding 5s 1943 A&O 5s May 1952 M&N 15-vr 3 %s 70 66 (non-call)-—-M&N J&J2 5s 1959 80 77% 86 66 4%s Jan 1. 1970.-J&J 2 Ottawa City 5s *41 '45.—J&J 6s Munlc Imp *41-'50—J&J 5s July 1. 1941-1956—J&J 4%s 1941 I944J&J 4%a 1943-1960 J&J Quebec (Province)— 8-yr 2 %s 1944 M&N 15-yr 3s 1951 M&N 3 %s 1949 J&J 3 %s s f deb 1952 J&D 3 %s s deb 1953— J&J 4 % s 1961 M&N 5 F 4%s 1946 J&D 4%s 1956 J&D 3s serial July 15 1941-1959— Quebec City— 5s S F (non-call) 1960.M&N Saskatchewan (Province)— 5s 1943 (non-call)..J&D15 92% 1st War Loan 3%s 1952F&A rlOO 81% 25-yr 3%s 1961 opt *56 J&J 95 96 91% 79% 79% 90% 75% 80 93 92 78 80 94 89 May 15,1941-43.M&N 15 May 15.1944-57-M&N 15 4s May 15,1958-08.M&N 15 Debenture 3s 1950.—M&N Debenture 3s 1949 J&D 2%s 1944 F&A 5s 77% 77% M&S perpetual 1967 J&J 30-yr 3s Nov 15 1968.M&N 14-yr 3%s 1951 .M&N 96 90 4s July 1 1948 3%s July 1 1944 Vancouver. (B C)— 5%s 1952 3s Jan 15 93 4s 4%s 1946-1961 M&S M&N J&D J&J J&D M&N F&A J&D , 85 85 80 var J&J14 1970 80 85 Verdun deb 5s 1954 70 76 75 Winnipeg, Man 5s 1944.-A&O 4%8 non-call 1944 M&N 4%s June 1 1946 J&D 4%s June 15 1950—J&D15 4s Aug I 1946 F&A15 90 96 85 90 84 89 83 88 4 %8 91 11* 77 71 80% 80% 79% 100% 83% 81% 83% 83% 91% 86 1942 and 1967—F&A b to 85 80 GEORGIA 4%« ret 1941-1945...—vJ&J 6 1.00 2s Highway Pef Mar 15 '47. Alban> 5s 1945 J&D Appling County— b 3.00 Road 5s 1949-1953 Athens 4%s June 30 1943.... b 2.00 1.10 to _ ?30 8 1.50 to 3.25 1.50 Atlanta— os J&J b 1.00 Water 1941-1951 to 2.15 80% 84% '"86% 98% 98% 1941-1950 J&J b 1.00 to 2.20 2%s 1941-1967 J&D b 1.00 to 2.30 1.50 Augusta 4%b Flood '42--M&N b 2.00 46 Chatham —J&J / 43 A&O / 43 J&J / 41 6s 1950 A&O 15 / 41 41 Gold 5s 1959 A&O 4%s Jan 15. 1942— J&J 15 / 40 Deb 4 %s 1956 A&O / 40 4%s Jan 15, 1957. J&J / 40 4%s July 16. 1958 J&J / 40 4%s Apr 1, 1961 A&O / 40 4%s June 1, 1967 J&D / 40 Debenture 49 1954 J&D / 36% Brit Oul (Prov) 5s '48.-J&J 15 84 84 5s Apr 25. 1954 A&O 25 82 4%s 1911-1940 J&D 29 81 4%s 1947-1956 J&D 29 81 4%ssfdeb Jan 23 *69 J&J23 Gold 5s 1948 4 4s Ref 1948-49-.M&N b 2.30 2.25 County 4%s 1941-1949-F&A Clarke Co 5s 1941-1944-..J&J 1.00 to 2.00 1.00 to 2.00 % Columbus 5s 1911 1.00 to 1.90 % Bibb 46 44 44 Co 4 %s Road 1944.J&J 43 1.25 Oisp Co 5s 1941-1957 ..F&A 1.00 Dougherty Co 5s 41-'48.M&S Muscogee County— Road 4%s 1941-1956.-A&O b 1.00 Pulaski Co 5s 1941-1948..J&J b 1.00 43 % to 3.50 % to 2.50 % Savannah 4%sref ~ 44 43 43 43 to 2.3o'% to 2.25 86 1943..J&J 4%8 Drainage 1944 F&A 4%s Refunding 1959..F&A 24s 1943-1967—J&D15 Spalding Co 5s 1941-*49—J&J 85 Swainsboro 6s 84 Valdosta 5s 1941-1942 Jan 84 Ware Co 5s Road 1941-49 J&J IDAHO A&O b 0.75 % 1.20 1.40 to 1.00 43 40 86 1941-50—A&O F&A 80 84 J&J 60 65 (C) 5s *45&'50A&0 A&O Halifax N S 4s July. 1945 5s Jan, 1951 J&J 60 65 4 %s ref 1941-1945 4s ref Jan 31 1941-1941 60 65 65 70 70 80 6s Oct 1 1940-1944 Boise City 4%a l'»51 2.50 1.75 to 2.50 1.00 to 2.10 1.25 to 1.00 to 2.50 1.00 to 2.40 3.25 % Amer Falls Reservoir Dist— a f 1955 & 1960 A&O 63 68 74 72 61 65 77 5s 1944 J&D 72 "76" J&D 4 %s 1945 M&N 4%s 1951 -F&A 4 %s 1956 J&D 4s 1957 J&D 3 %s s f deb 1949 F&A Montreal 5s Dec 1, 1945. J&D 5s s f Nov 1. 1956 M&N 70 70 73 73 67 71 68 64 68 72 to 2.25 b 0.20 b 0.20 0.60 % to 0.60 % b 0.20 to 0.75 % b 0.20 to 0.60 % b 0.90 to b 1.65 to b 0.25 to b 1.25 to 1.60, % 1.75% 1.20,% 1.60 % b 1.25 to 2.25 b 0.75 to 1.00 % 3s 1941-1944 b 0.40 to 3s 1945-1948 b 1.10 to 3s 1957 opt 1941-1942... 3s 1956 opt 1945-1949 Water Works System— b 0.40 to 0.60 b 1.40 to 1.85 Oomp '41-'43-Aug 1 4%s Serv Comp *41-'43.Aug 1 4 %s Serv Comp *41-'44-Aug 1 4s Highway 1911-1943-May 1 4s Highway 1945-1954.-M&S 4s Highway 1955-1958..M&N ia Einerg Rel *40-'47 Dec 15 (a Emerg Ref '48-*54 Dec 15 Bloomlngton 4%s Water Commissioners— 1. 1969—M&N New Brunswick— NOV 60 "65" 72 68 65 69 63 63 67 66 60 65 62 66 97 3 %a 1952 opt 3 %s 1953 opt 3%s 1955 opt 1951 I960--—J&J 88 M&S A&O non call 1958-M&N 15 s f Apr 15, 1961 A&015 79 84 78 78 78 83 83 1947—M&N A&O 80 83 84 60 70 3%b s J&J 3s ■ f deb 1941———-J&J 5-yr 3% debs July 1 1944.. 10-yr 3 % % dobs July 1 1949 60 70 5s *00.-J&J 18 15 Nova Scotia (Province)—^ Deb 5s 1960 15*52 M&S15 M&N 15 0.90 % 1.70 65 80 "85" 79 83 89 93 84 87 84 '«7 % 2.25 2.35 2%sctfs Feb 15 1958-59 76 % 100 38 ctfs Aug 1 1954 66 95% 82 North Vancouver Road 62 70 4 %• 1955— 4 %■ 1960 % to Chicago— 76 nNominal. County— 67 70 1900 Champaign 1952.M&S IQ11-I943--M&N Chester (Toll Bdge Rev)— 4s 1965 M&S M&N J&J deb5%» 1950 S f deb 5%s 1952 Deb 4%s Sept 1941-1961 opt 5s 55 Harbor 4s to 2.25 64 4%« Jan, 1944--J&J 4%s 1940-1951 A&O 15 J&D 4%s June 1, 1971 4s May 1.1944 M&N Metrop Co 4%s '53,'54&'6l 4%s May 1. 1905 M&N 4%s J&J b 2.00 ILLINOIS 72 Debenture 5z to 2.50 4 4s Serv M&S J&J J&D 4%s May. 1954 0?75 b 2.00 — 6 0.75 70 5%s 1942 S F deb 5%s 1958 5s 1943 5b - 4%s June 30 1941-1954 69 5s 1959 — Boise City Ind Sch Dist No. 1 Lachlne P Q 5s 1954 J&D Manitoba (Province of)— Debenture 6s 1947 A&O 15 * Las sale. 98 4s £ 1948 f deb 1940 82 80 97 95 4 %s 1955- 3% 14 3s (Prov of)— 5%s 1947 Gold 5%s 1952 75% 94 Toronto 5s 1941-1950 75 Gold 100 M&N 5s 1959 4s Nov 15 1957 50 101 *43—M&S15 J&J Ontario (Prov) 6s 5 %8 1946- 4 %s July 2 1945 3 69 Deb 4%s F&A J&D Hf deb3%« 20 / Flat price. 23% 8% 3% 3% A&O 1958.-F&A 1% notes 1941 l%s 1942. 2s 6-year 1944 2%s Jan 15 1944 8-yr 2%s 1943— 7-yr 2%s 1944 10-yr 2%s 1945 20-yr 3s 19553s 20-year 1958 4 %s Debenture 80 65 11 Baals. Bank- *52—M&N S f Santander Extl 35 4sElecL&P194l 6% 6% 7% 18 1919— / loaD D«" 1921 - / (Mtge Bk) 6s ser 38% 36% Hamilton— Russian 6Ma June 5 %% ext 42% 42 5s 22 Do Sul (State) 9 Brazil ext s f 8s 1946--A&O / 8% 7s extl s f I960-f 8 % Extl b f 7s 1967 7% Extl s f 6s 1968———J&D / 32% Rome extl 8 f 0%s 1952—A&O Roumanla (Monopolies) Ins+'tutc it 1959 F&A / 6 4% Feb 1937 coupon paid— j Baarbruckon (Ctoy) Extl 8 f 6s 1953 45 38 38 Edmonton 60 / 0%s 1959 6s 1933 Rio Grande 40 35% Calgary 5s July 1, 1945 20% -----A&g/ 68 1952 14% 43% 43% 45% 3%-4%-4 5-16% extl Convs f of '37 1978-J&D 4-4%-4%% extl readj s f bonds of 1937-78 F&A S f deb 6s 1947 —— Prussia QMs 49% 45 Alberta 6% 7% 6% J&J/ 1956-A&O / 4Mb Dollar funding 3s 35 Dominion of Canada £%s extl sk fd 1965—A&9 Sk fd ext 4s 1963 *&A extl sk fd 60 50 Net Hydro Elec Pow Com— (American Dollar Quotations) 61% Board S f 5%s 1950--A&O Norway ext 6s 1943—— F&A External • f 6« 1944--F&A 6 CANADA 50 Serv & Dr 6 13% M Bk) 8s 1941 Westphalia—See Prov Bank Wurtemberg 7s to 1945.M&N Yokohama ext ?6s 1961--J&D , Met Wat 4% Warsaw (Land 70 40 f 58 s 4% external conversion 1979- 4%s assented 1958 50 / 35 Exch (Prov) Poland— Extl s f 7s 1958--. J&D/ 4%s assented 1958 J&D / Silesfan Landowners Assn 1st mtge s f 6s 1947 F&A / Sydney (City) N S W— 25-yr s f 5%s 1955 F&A Tokyo (City of)— 5s of 1912-1952M&S Extl s f 5 %s 1961 A&O Tolima (Dept of) 7s '47.M&N Uruguay 8s ext 1946F&A Extl s f 6s 1960 M&N Extls f 6s 1964 M&N Conversion scrip 1% 1 assented 1945 1913 assented 1933--—- 4s 1910 10% 9% 3%s extl re-adj 1984--J&J 1% 1% assented 1945-4s 1904 assented 1954 6s 1% 1 1945.. ' f 6s 1947 s external readjust 1979 3%-4-4% % ($ bds of 1937) 5s Milan(Italy)ext 6%s M&S / 14% Herbs Croats &; Slov (King of) Extl 8s 1962 M&N / 10 Extl 7b 1962 ser B...M&N / 9% Coll 8 State 3%-4-4%% ($ bds of 1937) Mexican s sec 7% Silesia 11 Maranhao (State) Brazil Ext s f 7s 1958---.-M&N / - 21% 6% 5% Lower Aust (Prov)7Hs'5W&D Luneberg (City) 7s 1948-M&N Medellin 12 . 1958 M&S / of deposit--- f f 6%s 8axon f 6%s s Ask 4%s 1944 M&S 4%s Jan 15. *41-,47„J&J 15 4%s Jan *15 '4S-'57.J&J 15 4%s 1941-1970 M&N 15 4s 1941 M&N 8% 15 11% Extl (Kingdom)— Fundings f 5s s 8 6% 7 Extl 2d ser funding 5s State Mtge Bk 7s Extl 8s 1952 M&N / 1957-M&N 15 / 6s 1943 M&N / Sao Paulo Brazil To or Bid Bonds Net Ask Bid Bonds Net Foreign Govts, and Cities (CartelA Jugoslavia Yield Basis To or To or Bid of the month preceding the date of Issue Yield Bais Yield Basis Bonds BONDS MUNICIPAL AND STATE 94 1.30 1945 1940 1.50 1.90 4s 1941-1944 b 0.40 to 0.90 4a 1945-1948 b 1.10 to 4s 1949-1950 b 1.80 % 1.70 % to 1.90 b 0.40 to b 1.35 to 2°20 4%s 1954 Board of Education-— 3s 1957 opt 1941-1943— 3s 1957 opt ,1945-1947— 3%s 1955 opt 1940 4%s 1954 opt 1944...... Chicago Park District— 3%s 1950 opt 1940 4s 1955 opt 4s 1955 opt 1941-'44 1945-'47 4s 1955 opt 1948-*55 0,85 % 1.60 50 s 1.00 1.50 % % 2.20 % b 0.40 to 1.10 b 1.30 to 1.65 b 1.80 to AND STATE Oct., 1940] MUNICIPAL To or Sanitary Ask Bid Bid Bonds 2.00 % 1 Xs IX® 1943-19.55 F&A 15 6 0.25 F15&A 6 0.70 I Xs F&A 15 6 0.50 to 1.35 % Annapolis 4Xs W W *42.A&O 6 1.20 1.00 % A&O 6 0.30 M&S 6 0.70 A&O 6 2.25 to 1.10 % 4s 1955 opt 6 1.80 to 2.20 4Xs 4Xs — fan 1 to 2.25 6 0.40 to 1.10 6 1.30 to 1.65 6 1.80 1948-19535s '41-'44. M&N 6 0.50 to 2.15 Evanston S D No 76— 4Xs June 1 1941-1948 6 0.75 % 6 0.40 1911-1944 6,1.30 1945-1947 4s 1956 opt 1948-1952—— 6 1.80 Granite City 4 lis 1941-48 J&D 6 1.50 Jackson Co 4Xs 1941-46.J&J 6 1.00 La Grange (Village of)— 38 Water rev 1942-68—M&S 6 2.00 Lake Co 5s Road *41-'49 F&A 6 1.00 Madison (Kings H'way Bdg)— 4% revenue 1964.. J&D 103X . River Forest S D No 90— 4X» 1941-1944 J&D 6 1.25 F&A 6 1.50 2.10s 1944-1958 Rock Island (City of)— Wlnnetka F&A 4s 1964 1.50 F&A 6 1.75 Co 1950 F&A 6 2.00 1965----—F&A 6 2.25 1970 J&J 6 2.50 — ...... Gary Sch City 4X-» Oct 1943 Ham non (City)— 4s O H 1942-1956 J&J30 to 2.25 105 to 2.00 6 1.50 105 to 2.15 to 2.00 3X3 1941-1959 J&J Long Term Bonds Refunding 3 Xs 1942-'56.F&A Ref3 X» 1957-1960 F&A State Highway— 4Xs series D & E 1944-55-5b series F Mar 15, 1945-48. 5s series K July 1, 1947-49 4s ser 8 1941-1957.-—J&J 6 0.50 to 3.25 % Indianapolis— to 2.50 5Xs Track Elev *41-(47,JAJ Fire Dep J'ne 1 '41 -J&J 1941-1955 J&J 6 1.00 to 2.90 % refund Jan 1 1942-1981 6 0.40 % to 99 Indianapolis 8 D— 2.40 4s Bldg Sept 1 1946—J&J 1.00 3X« July 1 1941 J&J 6 1.00 4s 1%00 4 Xs 1 Xs South Bend— M&N M&S South Bend School City— 4Xs Impt 1941-1948-F&A 4s to 1.00 to 2.90 108 6 1.00 6 2.50 to to 2.40 % 6 1.50 to 3.10 % 6 1.00 6 2.30 6 1.20 6 1.40 6 2.00 6 1.25 J&J 6 1.50 6 1.75 to 2.60 1943-1955 V 5s 1951 opt 1941 Fifth District Levee— Davenport Indep Sch Dlst— 4Xs 1940-1941 M&N % to 2.25 % less X 6 0.25 J&J 6 0.25 Des Moines 5s !941-*57 M&S 6 1.10 less less 1 less 1 Road 2 Xs- 1948 6 1.30 Lyon Co 2 lis May I 1941-47. 6 0.25 4Xs Water 1940-1944.A&O Bsc Co 2 lis May 1 1941-1947 Sioux City 6s ,41-*45~F&A15 4 lis Sewer 1911-47.-M&N 21is 1941-1956 J&J Sioux City S D 5s 1941 ..J&J Woodb'y Co Fund 21i9,42-,46 6 0.25 to 1.25 6 0.25 to 1.20 6 0.25 to 1.50 to 4s July I 1941-1952 less 6 0.50 to 6s to 1.65 4X« Imp July I « '49—J&J 244s Ref 1951-1960—A&O 6 lr65 to 1.90 1941-1953 F&A 6 0.30 4Xs 1941-1953 J&J 6 0.30 Sch Dlst4*i«l941*54J&J 6 0.30 4Xs to 1.75 to 1.80, to 1.85 Water Leavenworth 1941-1947.J&J 6 0.30 Co 5s Jan to 3.50 % '42 % to to 2.90 % Shawnee Co 4 Xs — to 1.10 % % to 2.75 to 2.90 % - - to3.00 % to 3.10 % 3.80 % 3.20 % to 2.60 % to 3.25 % 3.00 % to 1.25 6 0.30 to 1.65 6 1.00 to 1.75 6 0.30 to 3.09 to1943 Bridge Revenue Refunding— Project No 2 July 1 '50 J&J Project No 3 July 1 '50 J&J Project No 9 July 1955 J&J Project No 8 July I 1945 — Project No 10 July 1 *50 J&J Project No 11 1952 Project No 12 1947 Project No 13 1953 Project No 14 1945 3.20 to 2.30 % to 1 90 0.75 0.75 to 1 75 0.75 to 2.25 0.75 to 2.30 4s 102 X 102 X 4s is 101X 101 X 102X 102 X 102 102 X 102 2 .25 % 3.20 % 2.10 3.25 J&J Funding 1948 6 0.75 to 2.30 % % 1 to 1.40 % % 3 20 % 2 50 % 3.50 % 2.00 J&D 6 2.25 May 1 1953—Portland Sewer Dist— 4s 1940-1950 M&N 61.00 Watervllle 4 Xs 1940-50 6 2.00 Westbrook 4Xs 1940-1948— 6 1.00 - to 2.50 City Hall 5s 1941-'55_F&A 6 0.75 to % 2.75 % F&A 6 1 X* 1911-1955 ...E&A Chicopee 1 Xs 1941-1959 M&N Easthampton (hi'way & relief) IXs 1940-1918-..M&N15 Everett I Xs? 1940-1959—J&D IX" Relief 1940-1948 J&D 0.25 6 0.20 6 0.35 'to 1.55 % to 2.25 to to to 1.60 0.20 1 to 1.35 % '2Xs 1941-1968—M 2 & N 2 6 0.40 4s 1941-1955 (tax-ex)_M&N 6 0.50 Framingham— 0.20 IX" water 1910-58-..M&N to 2.75 % % to 1.20 to 2.50 to 1.90 Haverhill 1 Xs 1941-1951 J&D Hoi yoke 4s 1910-1950—.A&O 0.40 to 1.90 0.25 to 2.25 0.25 Lawrence (wat h'way & b'dge) 2 Xs 1910-1958 J&D 0.25 Lowell >Xs 1941-1947 J&J Lunenburg Water District— 0.40 1942-1969 A&O 6 0.75 Lymfield Center Water Dist— 2s 0.90 1943-1967 —-J&J Lynn 4* Sewer 1941-'56-.M&N 2s 1941-1969. —.M&S | to 1.80 % to 2.25 to 2.75 to 2.25 to 2 00 to 0.50 to 1911-1953 1.35 35 % to 1.35 to % F&A 6 0.20 1 1 % 1.75 % 0.25 to 2 25 % 0.25 to 1.50 % 2.50 0.50 to 1.75 % 0.25 to 2.25 % IXs 1941-1955 J&J 0.25 to 1.50 % to 1.25 .M&N 0.25 0.25 to 2 00 0.20 to 1.00 0.25 to 1.90 0.25 to 1 10 0.25 to 1.25 0.25 to 2 00 Salem 1 Xs 1941-1948—M&N 2s 1941-1949 M&S 0.20 to 1.25 0.20 to 1.35 Somerville— 3 X# School 0.25 to 2 .25 1941-1954-J&J % 1.30. % I I I 0.25 to 2 .75 A&O16 0.25 1 to 2.25 % 3 Xs Water 1940-1960.J&D'6 0.25 2s sewage disp 1910-68M&N 6 0 25 1 Xs Relief 1941-1946. A&O 6 0.20 Waltham 2s 1941-1948—J&D 0.50 to 1.90 2 Xs 1941-1969 IXs 1941-1955— Springfield— J&J „ to 2.15 to 1.10 to 1.50 Wat or town— Wellesley (Town)— 2s H S 1941-1952 M&S 6 Winchester 3Xs 1941-46 .J&J 6 Worcester (City)— IXs Funding 1941-58—J&J,„ 2Xs Hospital 1941-49.J&J 6 to 1.25 0.25 to 1.50 0.25 to 1.25 0.25 to 2.25 0.20 to 1.15 MICHIGAN July 15 1941. J&J 15 Oct 15 1941 A&O 15 Highway 1943— ..F&A Highway Impt 1944 A&O 4s Highway Impt 1942 A&O 5Xs 5Xs 4Xs 4Xs 6 0.30 less 6 0.25 less 6 0.60 less 6 0 75 less 6 0.40 less 6 0.75 to 1.75 6 1.15 to 1.50 X X Arbor— Battle to 1 % to 2.25 to 2.50 3 Xs 2Xs June & Aug 15 '41-'52_ 6 0.25 2s 1941-1953 F15&A 6 0.25 % 2.25 % to 1.90 % 0.25 W W ref 4 MARYLAND to % 1 'to 0.25 2^00 2.50 3.00 to 2.80 % I & 0.20 6 0.20 Ann Certificates of indebtedness— 3s 1941-1950A&O 6 0.25 2Xs 1940-1951 A&O 6 0.25 102 IXs 1941-1946 to 1.50 tp 2.20 % 3 20 Pub Wks Nat Recovery 4s 1941-1963 J&J 6 0.50 1952-1958 to 2.40 to 1.90 1 Xs relief 1940-48—M&N 6 0.25 Water District— O H '41-'45 tax ex—A&O 6 0.75 48 Lexington— / Flat price. % South Ashland— 42. *47 & '52—M&S 6 3.50 Bowling OreeaSs 1955_—J&J 6 3.50 Covington 4Xs'40-*50 A&O 6 3.50 4Jis WW 1941-51 J&J 6 3.50 4s Fdg 1952 opt '42.-F&A 6 2.75 6 3.75 4X8 School Jan I 1941-69 Henderson Oounty— 4Xs R&B Oct l'40-'58 A&O 101 July to 3.00 2 X» Water 103 4Xs s I | 3.25 % High Sch Dlst— Portland Bridge District— 3Xs July 1. 1941-1947 Portland Water District— 102X 102 2.00 | Portland- 102 X x 100 2 30 % 2.5o % Northampton 1 Xs *41-59 F&A Pittsfield 4s 1940-1944.—J&D 2 Xs Dec 1 1910-1955—J&D Quincy 2Xs 1941-47 A&O 94 IXs 1941-1949 M&N 1.50 Old Town 101X 101 X 102 X 101X to IXs 1941-1949 to 2.30 to 2.80 0.75 4Xs 1940-1945 M&N 6 1.00 Kennebec Water District— 4s Ref May 1. 1950—M&N KENTUCKY to 2.75 Cambridge 2s 1910-1958.A&O 6 0.25 North Adams— % Brewer to 2.25 I x to 2.85 ^ 2.75. 2.00 to 2.10 Newton 2 Xs 1940-1969—A&O to 3.30 to % % % 3.00 2s Ref 1941 tax-ex.J&D 6 2.50 Belfast 4 Xs Ref '40-'50 M&N 6 3.50 1.15 to 1.25 3Xs 1940-1942 tax-ex M&N!6 0.20 to 2.50 n to 0.35 to 0.40 to 0.50 Methuen (relief and sewer) — 2 Xs 1910-1953 M&N IXs 1911-1319 A& ) New Bedford 4s 1957 J&J 2 Xs 1910-1947 A&O 0.75 Ba 0.85 to 1.75 % to 1.75 % Braintree 4s 1911-1942 J&J 6 0.25 Brockton I Xs 1911-1948.A&0 6 0.25 I 108 b H'way & Bdga *41~'54-A&0 1 to 1.75 % - - 3.00 Sept I. 1941-1953 M&S b Highw & Bdge *40-44 M&N b 4s State Pier 1941-1942.-M&S * 3Xs 1941-1951 M&S b 2s improve'mt 1940-56 ..A&O 6 Augusta is Oct 15 1940-1955. 6 to 1.20 6 0.30 2 80 2.50 % Reading 1 Xs 1940-58 M&N15 4s 6 0.30 % 2.70 Maiden 2 X« 1941-1958—F&A 0.25 Ref IXs 1910-1949—M&N.6 0.20 to 1.75 to MAINE 4s % to 2.85 J&D 6 0.50 J&D 6 0.50 2 Xs I 1944--.. Topeka 4X* 1948 5Xs Jan I 1941 J&J Topeka School Dlst— 4Xs March 1 1941-1946... Wichita 4X« 1941-1946.J&D Sch Dist ref 4 Xs '41-48F&A lXs 1945-59 J&D Wyandotte Oounty— 4Xs 1941-1945 J&J & I 10 % Medford— 106 % to 3 00 2s G & E 1910-1947.—A&O 104 X 106X 1945. 5s to 3 Fall River— 106X 106 X J&J 6 3.30 1957 1.60 2.20 0.75 IXs 1941 1970 J&J 6 0.30 Metropolitan District— I 2 Xs ser B 1941-62—J&.U6 0.25 2Xs Oct 1 1910-62 A&O 6 0.20 3.40 % 3.40 McPherson 4 X® 1945..... Saline Co 4X® 1945 6 Basis. % 2.40 5s 6 2.25 Sub 1948 J&D 4s relief 1940-1953 2 Xs 1941-1958 3.10 % 3.30 % M&N 6 2.50 to 1.65 1 reg 4s Tunnel & Tensas Basin Levee District— Leavenworth— 4Xs J&J 6 2.95 Shreveport— 5s Dec 1. 1940-1969—J&D 6 0.50 4Xs W W & Sew '41-'54J&J 6 0.50 4Xs May 2, 1941-67.M&N2 6 0.50 Board of Education— 10 1.00 % 6 1.70 X% 1940-43——M&N15 & 0.10 Arlington4s'4l-'42(tax ex)J&J 6 0.20 Beverley 1 Xs 1911-1948.A&O 6 0.20 Boston 4 Xs Sept 11981-M&S 4Xs Tun I960 tax-ex__A&O, 2.00 5s July 1968 J&J b 3.50 Red River A & B B District— 5s 1950 Series B A&O b 3.10 5s Mar 1953 opt 1943.M&S 6 2.00 5s 1965 Series D F&A 6 3.40 4 X» Wat & Light 1944.J&J 1944 to 2 6 1.10 1944-68—...J&J 6 0.80 IXs 1945-1969 J&J 1 6 0.90 Hurricane & Flood Damage— " to 1.60 J&J 6 1.60 F&A 4s. 1953 1954 Kansas City 5s 1942 July, 1950-1959 Plaquemine Parish E Bank— 5s Oct 1952 ...A&O Pentchartraln District— 6 0.25 J&J 2s 2.40 3.00 to 4Xs Non-callable 1952 J&D 6 3.10 Orleans Parish Sch Board— ' 5s 1940-1944 J&D 6 1.00 5s 1945-1967 J&D 6 1.85 X 1.10 Soldiers' Compensation Bonds 1941-1952 105 % Metropolitan Water Loan— 108 to 5s KANSAS 4X8. to 6 1.00 to 1.70 6 0.25 to 3.50 4s Mar 1 1942-1964-M&S.6 1.50 Orleans District— 5s July 1941-1949——J&J 6 1.00 1.50 6 0.25 6 0.25 A&O 6 1.00 I to 0.90 MASSACHUSETTS ^ Orleans Levee District— 3 Xs Ref 1941-1962 M&S 6 1.50 3 Xa July 1 1953-1968 6 2.80 to 1.20 M a rs ha II town— to 2.10 1 to 2.00 Chel nsf >rd W iter District— A&O 106 4 Xs serial gold 1940-45 6 0.50 4 Xs serial gold 1945-60 6 1.10 4 Xs serial gold 1961 -80 6 2.80 4s Constitutional 1942.J&J 103 X 4s Pub Impt "52opt *42.J&J 106 1 6 1.25 107 X 6 3.50 A&O 6 3.20 1941-1966 2.00 4s Water registd 1941-58-J&J & 0.20 3 Xs gold July 1944 M&S 1.50 4s 1946-1956 1 ...M&S 4Hs Sept 1 1945 414s 1944 4s Sept 1 1945 I 2.90 % 2.85 105 to J&J Public Belt Bridge Rev— 4s 1910 1945 A&O to 0.50 less to 2.85 Borgne Dlst Levee— 4Xs — Des Moines Ind S D— 6 1.25 106 58 Dec 1952 opt 1942—J&D 6 2.00 New Orleans—Public Belt— to 3.00 1941-1942..J&D 6 0.25 to 3.00 J&J '52.A&0 6 3.10 5s Oct 15,1963 op'53A&0 15 6 3.20 5s 1969 opt 1959—F&A 15 6 3.40 to 0.50 . 2 15 4 Xs Sewer 1973 opt '53,J&J 6 2 .90 6 2.60 5s 1969 opt 1949 2.60 % to 2.10 % to 2.20 % 5s 1952 opt 1942 5s Oct 15, 1962 op 1956-1970 M&S to 102 A&O 5s 1954 Caddo District Levee— Lake to 0.50 % % Bossier Dist Levee— 5s 1972 opt '62 Lafourche Basin Levee— 4Xs 1910-1942 J&D 6 0.25 Cedar R tpids 4 Xs'49-'53M&N 6 2.60 Clinton Co 2Xs 1942._M&N 6 0.50 to 2.20 to 2.40 2.10 % 5s 1 75 4Xsl940-1987 A&O 6 0.50 Montgomery Co— 4Xs 1941-1968 M&N 6 1.00 Washington Sub San Dist— 3Xs Wat & Sewer '87_M&N 6 2.80 2.30 % IOWA 1.70 1 80 2.30 % State Pension 5s June 1. 1948. 6 2.20 % 1 60 1.75 Oumber'd 4Xs W W"41 _A&O 6 1.00 Hagerstown— 5s Water 1940-1987 A&O 6 0.50 107X 2" 00 % J&D % % Capital Bldg 4Xs Aug 15, '52 6 2.40 Charity Hospital at N O— 3.85s 1942-1968 F&A 106 Atchafalaya Levee Dist— 5s Sept 1941-1972 M&S 6 1.25 Baton Rouge 5s '41-'54 M&S 6 1.00 1.75 1941 ser 2.15 % 1.10 to M&N 3X* March 1945 M&S 3Xs Refunding 1952—J&J 3 Xs Sewage Irapt '80.A&O 0.75 % 6 0.50 3 Xs ser V 1956-1961.—J&J 3-3 Xs June 15 1943-1962.- 2.25 4Xs W W 1943 to % to 2.15 % M&S 4s Mar t. 1981 4s 194.5-1971 6 1.10 3Xs series S 1958-1960-J&J 6 2.80 % 2.50 6 1.75 4s Annex 1954 4s Parks 1955 3.15 Port Commission Refunding to 2.10 — Prim 3.25 Short Term Bonds- Refunding 2X« 1941—-F&A ■icate Highway— 5s series A. B & O 1940-1943 4s Jan 1 1942-1956 3X3 Jan I 1957-1961 3Xs ser Q 1943-1954—_J&J 3Xs ser Q 1955-1960.—J&J Elkhart 41<s WW 41-75 A&O 6 2.00( to 4.00 % 1.50 Evansvllle 4s ref 1942 J&J Fort Wayne 4Xs '40-'57-A&0 6*1.50 to 3.00 % Lee Co 3.25 4Xs Mar l. l941-'55-M&8 6 0.25 4s Aug I. 1951 1.70 F&A to 2.25 to 3.00 to 1.30 % to 1 40 1.00 M&S 4s Regis'd stk 1946-57 M&N 1.10 4s 1940-1944 A&O 6 0.25 4s 1956-1975 M&S 6 2.00 — 414s W W 0.50 LOUISIANA INDIANA Fort Wayne Scnool DUt— 5s Oct 1 1940 1J43 5s Water 1961 5s registered 1946- to 2.10 103 X 6 1.00 5a 1941-1961 5s Gen Imp 1943-45 2.30 % 0.50 to 1.65 to 2.50 1942-1954 Baltimore— 1.80 % X8 w w 1910-1970—A&O 6 3.50 Warren Co 4X» 1941-'59-J&J 6 3.25 to 1.10 indebt—(Concluded) 1941-1953 2.15 % — Paducah— (Village) 2Xs Dec 1.1911-1958 — 5Xs 2.25 % 1.50 % 1943 J&f 6 0.75 & Park 1941—J&J 6 0.75 Owensboro 5s Sewer J&D 6 3.50 D No 205— rev 6 2.50 Sew 3s Certs of , 1 4s 1956 opt 4s 1956 opt Bridge 1 6 2.40 Ref 3Xs to 1.00 to F&J J&A 2.40 % 1947 W Sewor 4s Jan Forest Preserve— Rockford S Lou 4s 1965 1970 sewer 1969 8ewer 4s Is 1941-1944 1945-1947 opt 4s 1956 opt 4s 1956 opt Elgin Sanlt I) > Net 2.20 % 2.30 % Ref 4s 1956 Ask 6 2.20 4Xs 1941-1960 Cook Oounty— Bid J&D 6 2.40 4X3 to 1.65 I— J&J 6 0.50 Bonds A&O 5s8chl962 to 1.10 6 1.35 ser T or Net Hospital 1951---M&S 6 0.40 2>4s construction Ask 6 2.60 Louisville District— Yield Basis To or Net 4s 1955 opt 1941-44 4s 1955 opt !945-'47_ l948-*54 95 Issue Yield Basis Yield Basis Bonds BONDS securities are as near as possible for the closing day of the month preceding the date of Quotations for all Xs 1911-1948 J&J 1944-1946 Creek— 4 Xs Sewer 1940. Battle Creek S D— 4 Xs M&N 6 0.75 less 1941-1949 F&A 6 1.00 Bay City— 5 Xs ww 1941-1951—M&S 6 1.00 % to 2.00 to 2.50 MUNICIPAL BONDS eliding day of the month preceding the date of Issue AND STATE possible for the for all securities are as near as Quotation* Ask Bid Bonds Net Ask Bid „ . 4Mb Sewer MO-'Sl-'SO-A&O Detroit— General 3 k« callable 4s 102 0.25 less 3A 3.10 4Hs 4H« 5s non-callable.. less 1 4k* 4k*— — Refunding Water series D— 3 k* Oct 1 1951-1961 3 k* Oct 1 194 M950 354s Oct 1 1948-1950 4s July 1 1941-1947 Street railway 4>4s — Refunding 3ks '57-'62 J&D Refunding 4s '41-'5B_-J&D General & Street Railway— 2.75 — 1 jless 1 Ret 3s 2.60 2.40 to less 1 2.25 less to to 3 ft 3.00 0.50 less 3.00 to 1 to 2.95 3.00 3.00 0.40 2.80 less 1941-1954 M&S b 1.00 Grand Rapids— 3e Sept 1 1941-1945...M&S b 1.00 Grand Rapids School Dlst— 454» 1941-1943 ...M&S b 1.00 Highland Park— 454s April 15 1957 5k* May 1 1941... 454b School Nov 1 1954 b 1.00 Jackson 454b 1941-47..A&< >16 454* July 16 1955 to to 1.75 0.25 . 3s to 0.80 0.80 0.40 0.30 2.10 J&J A&O M&N 6 1.00 to to Pontiac— 1937 3.50 1 25 — to Saginaw 4k« 1941-1949--F&A 4 54b Sewer 1941-1951 .J&D Wayne County— Covert roads—-— 2.00 % to 2.10 to 2.50 1 194»— % 6ks Dec 1 1943 J&J 254 trunk h'way '47-61.. M&N 1.85s Rural Credit ctfs 1941.. 2s Rural Credit ctfs 1942. Duluth 4ks 1941-1947. .J&J 4r less 0.50 Heunepin County— 454s Sanltorium *4l-'42 J&J b 4 54b Hospital 1941—M&N b Minneapolis— 6b 1941. 1943.1945. 1946, 1947, *48. *49. *50—J&D b less 4al944 354s 1941 3s 1941-1959 1941-1966 254s 1941-1967 2.30s 1941-1947 2.30s 1941-1960 2.60s 254s 1941-1958 2 20s 1942-1959 2.10s 1941-1950 A&O M&N A&O A&O b b b M&S b M&S b Cou t to 3.00 to 2.75 2ks Sahool 1941-1969 .M&t- o 0.25 b 0.50 Bogota 4ks 1911-1946.-J&D Bound Brook 4 ks '41-*42 J&D b 0.50 Bridge ton'(City)— to 2.65 to 2.40 ^ks 1940-1958 0.40 .85 4ks Water 41 to '60.M&N b 1.75 4 ks 1942-1969 J&J 4s 1945-1970 1 b 3.00 b 0.50 b 0.50 6 0.50 b 0.50 b 0.50 0.30 .85 County— 4ks 1941-1970 1.00 0.40 .90 4s 1944-1968 .15 & 0.50 ^iks^chool 154s 1948-1955 Public Bldg & Impt— 354s 19»1-55 2548 1951-56 454b 1941-1959 4s 1941-1961 2.60s 1941-1957 4ks 5s Sewer 1941 1960 J&J o 0.50 3 School 1910-1974—.A&O b 0.25 0.25 1.50 F&A 1.55 .70 .70 Springfield454s '41-'49—M&N University City— 454s 1941-1943 M&N 4 54s 1942-1949 J&J15 0.30 .75 0.30 to 0.70 0.50 to A&O bunds— 4s opt <44. 1941-1953..J&J b 0.50 to 2.00 % Highway debentures— 454s Dec 31 1940——— b 0.25 % 1.10 b 1.25 Iks June 15 1949 opt '44 — '41-50.J&J 1941-54—F&A b 0.60 M&N b 0.50 1941-1953— to 2.00 % to 2.50 % to 1.60 to 2.50 % % to 2.10 % i b 0.75 J&J b 1.00 to 1.50 % to i Highway bonds— 354s Feb 1 1960 35is Feb & Aug 1960 254s Feb 1 1961.. 2548 Aug 1 1961 Biloxl 5k» 1941-1943 to 1.40 to 1.40 to 1.00 to 1.60 J&J b 0.50 4ks 1941-J955 1.75 2.25 % to 2.60 % to 1.60 1.75 € to 1.60 % to 2.05 % 1.30 % % HAMPSHIRE NEW 4sJuly 1941-1948 J&J 4)4s Highway 1941-1943.J&D 3)4s Refunding 1942-1944 J&J Iks Highway 1941-1946 M&S 1 ks July 1 1941-1955 J&J Concord 1 0.75 less 1 to 54 b b b b b 0.15 0.15 to 1.15 0.30 0.15 to 0.60 0.15 % toP ar to 2.00 % to to % 0.50 % % 1.00 % — to 2.60 % to 2.20 % 3Hs to 2.25 to $ 0.50 % 1941-1951 to 2.00 to % 2.25 % Nashua— 3s H S J&J;6 0.15 1941-1956 to 2.20 % to 1.50 1910-1964 454s July 1949 4 k» b Basis. 0.50 /Flat price. 4 to 3.00 1944 .J&J 4%00 Ridge— % to 97 99 4ks Bldg&Ku 41-'45 J&D20 Hackensack 4 4b 1942 F&A 4ks Imp 1941-1942—J&J 6s 1941-1954 F&A 3s 1940-1966 M&S Hamilton (Township)— 3ks sewer 1911-1978—J&D Hoboken 5s 1941-1954—.J&J Hudson County— 4ks 1941-1978 M&N 16 4s g Park 1954 & '69.M&N 2ks Apr 1 1911-1959- b 0.25 to 0*0.75 to 1.25 b 0.75 to 3.00 b 0.50 to 3.25 % b 0.75 to 3.50 b 2.00 to 4.20 2.65s 1941-1970 M&N 1.50 25 b 0.50 to 3.50 b 0.50 to 2.70 b 0.50 to 2.90 3%10 I to 2.75 to 2.70 B of *30 July _ '4l-'C7 or *30 Nov *40 *69 Construction— July 1941-1966-. B July 1941-1967 4s series C April 1941-1969. 2ksserles D May 1941-1970 N. J. Emergency Relief— 3)4* Jan 1941 ...... 3H«ser A 4 H* series % 6s to 2.50 /0 •OUf 2.50 % May 1941 4 k* Not 3k* Mar — — 1940 to 1941. 1941 to 1Q42 3.25 to 2.75 to 3.50 b 0.25 to98k 90 to 85 2.50 b 0.50 to 1.25 b 0.25 to 1.75 to 2.75 Moniclalr 4k» Sch 1941 -1944..F&A Imp 3s Nov 16 1940-1948.. 0.30 40 *40 '40 *41 % "94" ~~98 ~ Lyndhurst 4-5ka Mapiewood (Township)— 4s 1941-1967 J&D15 b 0.25 to 2.60 % Middlesex (Borough)— 3 k* 1941 to 1967 J&J b 1.50 tolOO Middlesex County—- 0 90 '55 opt '55 opt of *24 July '65 opt of *24 July *66 opt to b 0.50 b 0.50 M&N 5s July 1941.. Extension— to % 2.75 °50 1.25 b"6.50 to 2.75 6*0.25* to 6 0.75 to 1.25 M&N 6 0.75 Ne, tune 4k« 1941-1955-F&A 6 Par 1.50 to 3.40 16 1941-1970—— Morris County— 4ks 1942 opt 1922 J&J dks 1941-1949 .J&D16 0.50 l".75 % Morrlstown— Iks 1911-1942 4s 1941-1969 b 0.40 to b 0.25 to b 0.40 to 2.40 b 0.40 to 2.40 b 0.30 b 0.30 to 2.50 2.40 2.40 Institutional 1.50: % 2.651% Long Branch 5h 1943 b 0.50 J&J b ksserles A ol '27 July 1944 ser B of '27 July 1950—. 3)4s ser C to 1.25 1941-1947 2 ks May 4 Uft ser 4ksser to 2.50 4ks Water 1911-70-J&D15 4ks Sch impt *41-'52.J&D 6ks 1910-1970 J&D Linden 2ks 1910-1956 J&D 0.75 ot *20 Jan of '24 Jan to 1.50 Kearney— 1941-A&0 4)*s High sch bldg '44 J&D Highway 4 k» F 4)4s A 4 )4s B 4 ks C to 2 .50 nNominal. 4 ks Mun Bldg 1941-70 F&A b 0.50 Gloucester City— 4ka 1911 1966. .J&D b 98 Fairvlew 5s Glen 0.60 4s 10054 a f'40 0.25 0.30 4ks series F Jan 1941. 4)4s series G July 1941.—_ 4s series H July 1942...... 4s series 1 July 1943— to 1.25 to 2.25 to 3.00 b 4Hb Kond 0.25 series E Jan 1941 Road Bonds— to 2.75 b 0.50 M&N 6 0.60 J&J b 2.60 to 2.60 (Boro)— Monmouth County— 4ks Mar 15 '41-'50—M&S b 0.75 4ks Rd & bdg "41-51F&A15 b 0.75 Bridge bonds— 2.25 to 2.25 Meridian— 6t JERSEY NEW to 2.25 Soldiers Bonus Vlcksburg— 6b Pub Imp 1941-1948. K&A b Yazoo-Misa uelta Levee Dlat-| 3.00 to 1.25 0.50 ixxii 5s A&O & 0.20 Bridge 1941-1956.F&A 6 0.20 4s Impt to 2.50 99 b 1.60 b 2.85 to 2.00 % M&N b 2.35 4)4s May 1 1955 York School District— 96 School House 1941 J&J Mississippi Levee District— 6« May 2 1944 M&N 6a July 1 1963 J&J J&J b 5s 1948 J&D b 2.25 Omaha School' District— 4ks May 1 1956 A&O 4 hi to 2.00 Dec 15 '41 J&J b 0.75 M&N 6 2.35 4 ks Wat wks 3.00 454s Jan I 1941-1952 b 0.50 454s 1940-1952 M&N b 0.50 Jooe* Co 6s 1941-1942...M&N b 0.50 2.70! to 3.00 0.50 0.50 0.50 3.25 Irvington 5s School 1963.J&D 4ks 1910 1959 J&D 50.25 to 3". 65 % Jersey City— 6ks 1942-1953 A&O b 2.50 to 4.15 % 5s 1910-1969 A&O b 1.00 to 4.25 % 4ks School 1940 1958.J&D b 1.00 to 4.10 3°50 4 ks School 1945-._ J&J 3.30 4k" Water 1961 A&O 4ks 1911-1967 .J&D STso" to 4". 15 % 3.75 4s Refunding 1949 F&A b 1.50 to 3" 80 % 4s July 1 1941-1953 Gen ref 3ks *41-*64—F&A b 1.50 to 3.70 % 3ks. 1911-1956 J&D b 1.50 to 3.65 % to 95 Keansburg 5ks 1941-59.M&N b 99 to 1.90 3.00 Greenville 6s fund "43-'50 F&A 6 1.50 Jackson 654s 1941-1954.A&U b 0.50 Fells to 0.50 o Hunterdon County— 4ks Road & bldg *4l-*46J&J b 0.2o Manchester— 100 105 1941-1972 b 0.50 5s July 28 1941-1960 „ „ to 2.75 Callable bonds Non-callable bonds 3.00 % to 3.00 to 2.75. 0.60 % 2.25 % less b 0 50 J& J b 2.50 Flood 1941-1953 .A&O b 0.50 354s Highway 1950-1959 F&A b 2.50 Iks gen obligref'44-'46A&O b 1.00 to 2.80 % 4)48 1941-1959 b 1.00 J&J b 0 50 A&O b 0.50 J&D b 0.50 Impt 1941-1946.- --M&S b 0.50 0.75 % 114k 5ks Water I941-1963.M&8 Gloucester County— 100 b 0.50 to 0 Englewood 5® 1941-1944. A&O o Essex County— 4 ks 1911-1960 M&S 16 b 0.25 4s Hospital 1946 F&A 1.80 Essex 1940—....J&J J&D 2ks 1941-1978 M&S 4Hs 1941-1957 A&< 5ks Dec 1 1910 1946.J&D 6s 2)4s Sewer 19U-1956.M&N b 0.15 4)48 USD 1911-1965.J&D b 0.15 Keene 4 ksl911-1942...M&N & 0.15 May 1 1941-1950.. Impt 1953 to 82 Elizabeth— .75 M&N 1954-58 2s 1911-1969 b 0.50 .75 M1SSISSIP1 654s 454s 454s 454s 3.50 b 00 1.70 A&O b 1.25 less b b b 6 3.50 to East Orange— 2.60 0.50 2.40 0.50 1951—J&J 4548 W W 1941-1942.-A&O 5s School July 1 1951.-J&J 6s Gen'l impt 1941-62—J&J 4 5*b Hewer July 1 1943-J&J to .60 Omaha— Paul— 6s school July 1 4.10 1.75 b .60 to 2.00 to 1.25 3.25 to tolOO b 0.75 0.25 to 1.60 to J&J 1941-1954... F&A 2s Feb 1 1958-1959 F&A 3s School North Platte Sch Dist— to to Camden . 154s 1941-1950 F&A 154 Mar 1 1941-1949—M&s 1941-1947 F&A 4 548 1941-1950 F&A 454s Rd& Bdge '41-'44M&N 4 k s Rd & Bdge *41-'43 J&D 1.00 o .70 4k* to 2.20 _ 1911-1961 .50 McCook County— to 2.20 — to 4.10 5ks .85 4>*8 School 1941-1944 to to 1.25 to 3.00 .85 to 2.30 J&J b 0.40 to 2.00 b 1.25 J&D F&A to 2.90 to98k b 0.50 0.40 Douglas Countj — 5s Highway 1940-46. .A&O b 0.25 Holdrege S D 5s 1941-52. J&D b 0.90 Lincoln School District— I to 2.30 to 0.50 0.25 NEBRASKA to 2.30 M&N b 0.40 2 54s St less to 2.00 0 0.25 454s Wat & Sew 54 54 2.50 Bloomfifcld 4ks 1910-69J&D15 0.25 54 54 less 100 to to 3.25 0.25 Great Falls— to 2.25 to 0.25 0.25 Beatrice S D 5s b to 4.00 0 F&A M&N M&N 4 54s 1941-1953 454s 1941-1948-. to 1.90 to 2.25 to 3.50 95 1941-1951.M&8 Delaware River Joint Com Phila-Camden Bridge— b 0.50 4ks 1941-1915 M&S 113 k 4ks 1946-1973 M&S to 2.00 0.50 0.50 1.10 0.50 0.50 0.50 0.50 0.50 to 2.90 1940-1942.J&D 0.30 354b 1941-1951 Daniels Co— 6s 1941 opt less J&O b 0.50 F&A b 0.35 2b 1941-1946 A&O b 0.40 1.90s Oct 1 1941-1946-A&0 b 0.50 1.80s 1941-1943 F&A b 0.50 154s 1944-1948 F&A b 1.00 1 70s 1941-.949 J&J b 0.50 Ramsey % 54 less 154 0.50 A&O & 454s 1941-1952 k to 1.50 0.50 0.60 0.50 0.50 b . b b J&J b 1941-1946 less to 3.70 o MONTANA b 0.75 b 1.30 100 5ks Dec 15 19 i0-60.J&Dl5 5s DecT5 1910 1955 J&D 15 % 2.00 MINNESOTA 76 98 to 3.90 Funding 3 54s July 15 86 74 1949——J&J o 2.00 4ks 1911-1955 F&A 4ks School 19 U-1966.F&A 0 2.00 Belleville 5s 1940 & *44.M&N 0 0.75 3s Refunding '41-60.M&N b 0.75 Belleville 8 1) 5s *40-'44 M&N b 0.75 Bergin County— b 0.25 St Louis— 1.75 % 1.50 % 1.75 % 1.25 to 1.40 84 J&J -J&J J&J 48 1941-1951 to to 1.35 b 0.50 (Boro)— Camden— ...J&J ..J&J 254s 1945-1955 J&J St Joseph 4 54b 1941-'45..M&S Refunding 4 54b May 1 1951 3%00 b 0.40 M&N J&J 4s 1941-1951 454s 1941-1950 454b 1941-1950 454s 1946 2.40 2.25 to 0.60 b 1.25 6s July 1 1941-1944 S D 4ks 1941-1955—M&S b 1.00 0 2.00 Bayonne 5s 1941 to 2.50 1.00 to opt 1943 Audubon to 2.10 2.20 2.15 254s 1956-1975 2.50 to 0.75 b 0.30 Atlantic County— 4Ms Bridge 1941-1957-A&O b 0.50 Kansas City S D— 1.50 % to 0.60 b 0.25 2k-4ks Jan 1973 Water 3-4 ks Jan 1973 to 2.15 to 2.00 J&J ...M&S 2 54s 1958-1975 % b 0.30 Net Atlantic City— ....J&J 1954-1975 , Asbury Park (City)— Refunding 4s 1966 5s 1941 to Lansing454s 1911-1946..J&D 6 0.75 b 1.00 Muskegon 4 54b 1941-44..J&J Muskegon S u 5s 1942—July 454 s Airport April 0.50 J&J 3s 1941-1957 3.50 % to 2.00 Jackson (Jn)on ^ D— 454s School June 1 1955 Port Huron 454b 1942 — 1.60 to 0.40 to 2.00 ...J&J 0.40 to 2.00 J&J16 J&I) 0.40 to 2.10 4 548 Road 1941-1952..J&J 0.40 to 2.10 4 548 Court h'se *41-'52 J&J Joplin (School District)— b 0.90 to 2.00 454s 1943-1948 Kansas City— 454b Various May 9 '41-72 b 0.30 to 2.90 454s Jan & July 1942 J&J 0.30 to 2.20 4 54s 1941-1955 A&O 0.30 to 2.20 454s Airport 1911-54..A&O 0.40 to 2.90 4s Airport 1941-1971. .M&S 0.40 to 2.80 354s 1941-1974 J&J 0.40 to 2.75 354b 1941-1974 F&A 0.40 to 2.15 354s 19UM955 A&O to 3.05 5B Refund 4-4 54s 1964 opt to 0.25 1.65 to 4548 1941-1950 Flint Union School Dlst— 1911-1945 1941 to ly42 2k Jan 1941 to 1943 s«r A J>tn 1941-42 Unemployment Relief— Iks ser A 1942-1949, opt 1942 J&D Iks ser B 1943-1950, 4 548 1941-1950 4 548 ly49 54 less 54 to 2.70 % 4s 1941-1950 A&O 15 to 2.85 % 3^8 1951-1952 A&O 15 100 to 9654 254 s 1953-1961 A&O 15 Flint 19tl-1954.M&S 15 o 1.00 ;to 3.00 % to 3.00 % 5s (Mar 1 & Apr 1) *41-'50— b 1.00 4 5*8 to 1943-1956 Jackson County— 4« 1941-1951 0.50 0.40 Rfdg354s 1941-1952.J&J 15 Rfdg3^s 1953-1962. J&J 15 3ks Jan 1 1953-1963 ..J&J 0.75 1.40 1.40 J&J 3s State Bldg 1941-1944 .F&A Buchanan County- 0.25 to 2.95 101 99 k 0.25 to 2.55 2.65 to 2.95 0.50 to 2.75 4s Jan 1 1941-1953——J&J Refdg 3548 1961-62—M&N 3k» May Ed Aid 4 k* 1,25 1.40 1.60 3s Building 1941 to 1941-60-M&N to J&J 454s Road 1941-1942 Road 1953-1957 1 3.00 0.50 2k« Oct 1 1940-62.. Refunding 254 s 1951-63 J&J Refunding 3 ks 1941-50 J&J 0.60 1948-1952 354s less 2.40 Water 0.60 to .J&D 1948 1952 3s 0.25 2.40 0.25 2.90 354 s Oct 1910-59 General 3s Oct 1 1959-62... 1 less 2.65 2.70 Water 4a Refunding 4s Nov 1944-1948 Road 4s 102 4B to M&S A&O M&N 4s 1943-1947 100 k (Long) Ask N. J. Emergency—Concluded 1.60 1.10 1.40 Road 1948-1950.—M&S 1943-1946 M&S 454s 4 54s to 2.75 % b 2.00 Bid Bonds Net MISSOURI Dearborn— To or To or To or Bonds Yield Basis Yield Basis Yield Basis to 2.50 J&D to 4.25 Naunrk 1941-1972 M&S 6 1.00 5k«<>ct 15 '40 to'59 A&016 6 Par 5a 1941-1958 ...J&J 6 1.00 6* to 3.90 to 3.75 to 3.90 1911-1983 F&A 6 0.75 to 3.75 50 4 ks School Dec 1 *45..J&D 3.00 ,4s Sch house 1959 opt 1949 3.10 4s Pas Vaisew'61 op 51 J&D 4s 1941-1970 J&D b 0.75 ,to 3.60 3k* Track elev 1964-. F&A 3 1941-1966 M&N b 0.75 to 99 2*?s Jan 16 1941-1976-J&J b 0.75 to 3.10 % 4k* 3^16 _ b 0.25 to 0.45 6 0 30 to 0 60 - Quotation* for all securities are as near as possible for the closing day of the month preceding the date of Issue Yield Basis Yield Basis To or Bonds Ask Bid 6 0.75 to 3.15 b 0.50 to 3.10 92 87 ..... 9144 90 5 0.75 b 1.50 144s 1941-1965 -F&A Eliminat'n of Grade Crossings 24$s Dec 8 1940-1987--J&D Unemployment Relief— 2*4s July 6 1911-1947-J&J General State Improvement— 244s July 6 1941-1962..J&J 1 44s Sept 10*41-46-M&S 10 Emerg Unemploym't Relief— 244s Sept 25 *4l-*43 M&S 2 44s Sept 25 *44-*45—M&S 1 44s Sept 10 1944-1946. Albany County— 4 44s I960 —M&S 344s Fund 1941 M&N 2 44s refunding 1941-'57-J&J Albany (City of)— 444 1940 1969 M&N 444 1911 1970 J&D 4s\lunic & Sch *41-'63.J&J 344 1911-1971 J&D 244b 1940-1953 M&N 2ks 1941-1978 M&s 2% 1940-1955--..—M&N 1.70s 1941 1979 J&D to 1.25 to 3.25 102 6 3.25 to 4.75 b 1.25 to 3.50 Orange— 1940-1964.A&O 6 0.50 5448 Genera) improvement 1940 1951 ....J&D to 3.10 % 0.75 1.00 to 3.00 4448 Water 1941-1970..J&J & 0.50 Passaic County— 0.50 444s 1911-1946 J&J 0.50 444s 1941-1968 —.J&D to~3~.66 5s lmpt 1941-1948 M&N 444s Refunding 1944—M&N to 2.75 to 2.25 to 3.00 Pater son— M&N F&A A&O 544s 1940-1959 4448 Feb 1 1945 4 44s 1910 1967 Perth Amboy— b 0.50 to 3.25 b 0.50 to 3 .25 44*8 April 1944 4948 Water 1941-64-.M&S2 5s Feb 1941-1977 F&A to 4.50 2.00 2.00 to 4.75 4 448 refdg 1944 & *46. F&A Plain fie id 4s School 1959 M&N 3.50 to 4.10 444s 1941-1962 Various.J&J Rahway— 4 34* 1940-1953 J&D Red Bank (Borough)— 4 <4* 1940-1953. M&N Rldgewood 4 34s 1941-62. M&N 4 348 1941-1968 M&N Sea isle City 5s 1942 F&A Somerset County— 4 44s 1911-1949. J&D 444s 1911-1952 J&J South Jersey l'ort District— b 0.40 b 0.50 to 3.00 0.25 to 1.75 0.25 to 2.00 to 4.30 % & 0.40 % 3.00 % to 3.00 % & 0.40 to b 0.40 to 0.50 to to 1.25% 0.25 to 2.25 %• 0.40 to 3.10i% to 3.00 % to 3.10 % 2H« gen rd & ref *41-68 F&A b 0.75 24*s ref 1942-1966 A&O b 0 75 M&N b 0.75 Union City 444s 1940-'64.J&D b 0.50 3.25 to 3.25 to 3.10 to 3.00 tolOl ^4 to 2.90 to 3.75 to 4448 Oct 15 1940-1952 6 0.25 44is ltd& Bdge'41-,47-F&A b 0.25 4s Oct 1 1942... A&O 2.80s Gen lmpt B June 1 o 2.00 1950-1965 Union Township Sch Dist— ...... -J&J b 1.00 M&8 I & o.50 33ts 1941-1951 opt'40.A&0'& i.oo 3>48 1941-1979 J&J b 0.75 A&O 1941-1966 0.25 0.25 Is 1,75 % 0.75 to 2.50 % to 4.25 % to 2.25 % to 3.50 to 3.50 to 2.75 to 2.60 1.00 1.00 I to 101 1941-1961—M&N I to 4.50 Orange— Gen ref 3 H» 1941-9959 NAW MAXICO A&O b 0.50 1941 J&J 354s H'w'y deb *48-*47—M&N 34*s H'Wy deb *48-'49—M&N 3s Jan 1 & July 1 1949-1952— 254s H way deb 1944-46-M&S 244s 1948 1951 —J&D 6s Highway to 3.00 0.50 1.75 2.00 2.25 1.50 b 1.00 b 2.50 b 2.50 b 2.75 b 2.25 & 2.50 24^8 H'way debs 1951-62.A&O & 2.50 24*s H'way debs 1953-54. A&O b 2.60 ^6s Wier^Works 1962..J&D 120 J&J b 1.00 J&J b 1.00 4>4s 1941-1950-44*8 1911-1950 Middle Rio Grande Conser Dist 54*s 1941-1973.-F&A Socorro Co 5s 1941 op '21.A&0 N£W 62 96 2.00 vg 2.00,% 2.20 % 125 to - 2.75'% to 3.00 % 67 100 YORK 5s Jan & Mar 1 1941-1945..— 5s Jan & Mar 1946-1970 - 0.20 to 1.00 % 1.10 to 2.20 % Highway 1963. M&S 2.00 Canal 1964 J&J '2.00 Canal 1965 J&J 2.00 Highway 1965—..M&S 2.00 Bar ;* Canai 1945..-J&J 0.90 Bonus 1941-1949...A&Q 6 0.20 to 1.40 4s Canal Term 1942 J&J (*L50 4s Canal Term Jan 1946 -J&j 1.00 4s g High Imp Mar 1958.M&S 1.80 44*8 444s 444b 444s 4>4b 4448 48 g High Imp Sept 1958.M&S 4s High imp Mar I960.. M&S 4s Canal Imp July 1960-.J&J 1.80 1.85 1.85 4s Canal Imp Jan 1961...J&J 4s Canal Imp July 1961..J& J 1.85 1.85 1.85 1.85 1.90 1.90 4s Hi&hw Imp Mar 1961 M&S 4s Palisade Park 1961.—M&S 4s Canal Jan 1962.......J&J 4s Hlghw Imp Mar 1962 M&S 4u due Sept I 1965 is due Jan 1 1966....... 4s Canal Imp Jan 1967..J&J 4s Hlghw Imp Mar '67..M&S 1.95 4s Palisades Park 1967..M&S 4s Bidg constr *41-'49 .M&S b 0.10 4s Apr 15 1941-1955 A&O & 0.15 1 1.95 1.95 1.95 844s Mar 15 *41-'8l-M&8 15 5 0.15 344s Mar 15 *41-'81-M&8 156 0,15 344^40-1949 M&N 15 6 0.10 3s g Canai Jan 1 1956—J&J 3s g Canal July 1 1958 ..J&J 3s g Canal Jap 1 19SQ J&J 6 Basis / Fiat price. 4s 6 0.20 b 0.30 to 1.70 4s serial 1941-1963 4s 1941-1954 toO 6 0.65 to 0.90 0.|>5 5 to 2.30 to 2.00 12544 126 126 to 1.40 to 1.70 to 2.05 to 2.05 to 1.35, , Q*> % 1224* J&D ..M&S 1214* 1184* May. 1957 M&N Nov 1957 M&N Dec 1. 1979 J&D Corp stock 1967..J&J Corp stk 1971. J&D 15 July 1.1911 to 1955— Jan 1. 1977——-J&J 1960 —M&S Mar 1. 1962 M&S 119 - Mar 1. 1964 » 120 1234* 0.75 120 4* 1174* 1.80 1.50 to 2.40 2.60 2.40 2.40 2.20 1.60 1 95 1274* 1244* to 3.00 % 1214* 1184* 118 119 1184* M&S 1194* 119 April 1.1966 A&O Apr 15.1972—.A&015 119 Rap Tr & Wat *74 J&D 1194* Feb 15, '41-'61.F&A15 6 0.75 Feb 15.1976—F&A15 120 121 Nov 15.1978—M&N15 Mar 1, 1981—M&S 1214* A&O 116 M&N 11544 M&N 111 M&N 1114* 1124* 1957.M&N 113 ...M&N May 1959 1234* 1225* 1194* 126 122 % 123 1134* M&N 0.75 0.75 3.25 J&J -J&J15 3 4*s Corp stock July 1 "75.. 0.50 34*s Corp stock 1940-1954 3 4*s g exempt 1941 0 75 M&N 3 4*s exempt 1942 1.00 M&N 2.50 34*s R T 1948-1950..M&N 3 4*s g exempt 1 952 2.90 M&N 3 4*sg exempt 1953 2.95 M&N 3.00 34*s g exempt 1954...M&N 3 4*s g Water ex 1954. M&N 1074* 34*s exempt 1955 M&N b 3.00 3 4*s stork Apr 1,1954.A&O b 2.95 3 4*s Corp stock Mar 1, 1960 1064* 3 4*s Corp stock Jan 15,1976 1054* 34*8 reg Corporate stock to 1.50 b 0.40 to b 2.75 6 0.40 to b 0.20 to b 0.20 to b 0.40 to b 0.30 to b 0.20 to b 0.25 to 1965 4s Nov 1955 4s Various 1956 120 120 1204* 3.15 % 121 to 122 1224* 117 1164* 1124* 1124* 1134* 114 1144* to 3.15 to 3.05 3.20 to 2.80 0.50 to 0.75 2.70 2.80 2.85 2.90 1084* 2.90 2.85 1074* 1064* J&J'6 0.30 to 2.60 1950-53M&N b 2.70 to 2.95 3 4*s Corp stork July 1, "75 1014* 1024* 34*s Aug 1 1911-1978.F&A b 0.75 to 3.20 34*s serial 1941-1979-F&A 0.75 to 3.20 3s Rap Trans 1947-51. .F&A 2.10 to 2.60 3s corp stock Jan 1 1977 J&J 97 98 3s Serial 1941-1068—. J&J 0.75 to 3.00 3s serial 1941-1969—M&N 0.75 to 3.00 3s serial 1910-1973 0.50 to 3.15 J&D 3s corp stork Feb 1 1.40 2.10 1.80 to 1.95 to 2.15 to 2.15 to 2.65 4 *4s 1941-1959 ..A&O 6 Corning 544s 1960 M&S,b Cortland (Cityi— 1.60s 1941-1964 J&TV& Cortland Co 4 44s '41-*51.J&J6 0.20 to 2.00 2.80 2.50 0.25 to 2.10 0.25 to to 24*s 1941-1970 2V*s 19*0-1953 % 0.75 F&A b 0.75 to 2.55 0.75 to 3.05 0.50 to 1.30 0.50 to 1.40 Housing Authority— 2s Mar 15 1941. 1.75 4 44s Water 1940-1945.A&0!& 0.25 Erie County— 24*s 1942-1952 M&S 2 4*s Mar 15 1953. 24*s Mar 15 1954 24*s 1955-1957 M&S 3s 1958-1960 ..M&S Niagara Falls— 5 4*s 1941-1948 M&N b 0.25 to 0.90 to to % 964* to 3.00 % 0.50 T&D 2**s assessm*t 1940-44.J&D to 965* to 3.10 954* 24*sl941-1979 M&N 2l*s Serial 1941-1946.F&a to 1.35 98 964* .... to 2.60 4 4*s 1941-1959—— J&D 6 0.30 4a 1945-1953 M&S 6 1.75 2.90 March 1 1941-1947..\b 0.30 97 1979... Transit Unification Issue— 3% corp stk 1980 J&D 2**« 1041 1979 J&JI/. 2S*s July 15 1969 J&J 1.70 1.75 F&A b 0.25 1941-1958 Elmira— ^ 5s School 4s Various May 4s Nov 1958 to 2.05 to to 2.60 4 44s to 2.20 to West New York— 4448 Oct 1 1940-1968..A&0 W eat to 1.70 6 0.25 b 0.15 b 0.70 East Chester— Union County— Westfield— 5s June 15 1941-1960—J&D to 2.25 6 0.20 1.00 Delaware Co 4.20s *41-,52A&OI6 0.25 Dutchess Co— 4s 1911-1946 M&S & 0.25 4s 1947-1954— M&S 6 1.50 o.75 WsiAhu nflrnn b 0.30 to J&O6 0.40 344s 1941-1964. — 5s School 1941-1955.--A&O b 0.75 444s 1941 1966.—— F&A b 0.75 414B 1941-1960 F&AI&0.75 3s 1941-197A A&O b 0J5 1911-1968 to 2.25 b 0.15 3 4*8 ser F 1940-64.-M&N & 0.20 Columbia County— ;0.50 3.00 % 0.25 . 4 34s Sewer Authority— 4s 1941 1964... 3.00,% I 444b School 1941 -F&AI 4 34s Imp & sch '40-'60-J&D b SussexCo44*s*41-'44—M&S b 4s lmpt 1911-1955—-M&N b Tenafly44*s 1941-1963..F&A b Trenton— I 544s 1941-1951 A&t)'& 4 34s b 0.25 6 0.25 to 1.75 Relief 19 U-45--J&J 2449 Oct 15 19 '0-56--A&O 2.20s Jan 15 1941-1947.J&J 2.10s 1941-1949 J&J b 0.30 2s 1941-1959 J&J b 0.30 2s 1941-60-,F&AI6 0.25 to 1.25 M&S J&D J&D Vineland (Boro)— 6448 1941-1950 4s Oct 1. 1980 4s May. 1977 to 1.10 to 1.95 25*8 Ref 1941-1951— J&D -J&J b 0.25 244s 1941-1954 to 2.35 6 0.15 b 0.15 to 444s 1940-1967—..—A&O 4s June 15 I960-. J&D 4s 1941-1958 J&J 3.40s Nov 15 *40-*55—M&N 3.10s Oct 15 Id/to 46.A&0 to 3.00 75 South orange— 1911-1969 1911-1968 6 0.20 to 1.65 to 2.00 544s 1944 .J&D 15 b 1.70 5s 1941-1950— —M&N 6 0.40 to 2.25 to 2.90 b 0.75 summit— b 0.25 0.25 to 1.90 % b 0.10 b 0.10 Buffalo— 0.40 0.75 0.75 A&O 1941-1962 2.20 to 1.55 to 2.40 2 60% 4s 19II to 1944 b 2.40 b 0.40 444s 444b 4448 444s 444s 4448 4 44s 4 4*8 44*s 44*8 44*s 44*8 44*s 44*s 44*8 44*s 44*s 44*s 44*s to 1.85 0.25 M&N York City— June 1963 6 0.75 4*b'41-'63M&N 24*8 1940-1947- New to 1.80 Bingham ton— 4 Hs Oct 1 1941-1971—var. b 0.30 b 0.20 2s Mar 1 1941-1956 to 2 .60 Bonds , to 2.05 Albany Port District— 4s 1910-1972. —M&N 6 0.20 Terminal— 444s 1940-1973 44is 444s Net New Rochelle 4 Auburn 1.60s 194l-19o8-F&A b 0.25 . 6e Ask Bid 126 3s Canal 1957-1959...-.J&J 3s Mar 25 1941-1987 M&s b 0.15 244s 1940-1969 M&N 15 6 0.10 I «4s 1941 1979 A&< b 0.10 144s 1957-1961 F&A 6 1.45 to 3.00 b 0.75 F&A 44*s8ch & wat *41-'69-J&D 4 ha 1940-1967 J&D North Vrlington (Borough;— Refunding 4s North Bergen «-ef 4s-44*s— Nutley (School District)— i 43*s 1941-1942... F&A 444s 1943-1967 F&A Ocean City5s 1944... F&A 444s Impt May 15 1941-'56. Ocean Co 444s 1941 50. J&D Marine To or Bonds Net N Y STATE (Concluded)— New Brunswick— 4 Ks 1941-1957- 4 44s Sewer Passaic— 97 STATE AND MUNICIPAL BONDS Oct., 1940] 2.50 2.20 to 1.50 % to 1.75 4.f5s Sewer 1965-70. .M&N 2.00 to 2.20 to 1.90 4.10% Sewer 1941-1950 J&J 0.25 0.30 to 1.85 0.50 2.30 0.60 M&N b 0.60 to 2.20 44*8 Wat May 1 '41-48M&N 0.25 3.95 Nov 1 1961-1970-M&N b 2.00 3 4*8 1942-1945 0.40 M&N 2s Mar 1 1941-1949 0.25 1.40 % to 1.40 % 1.90s Feb 15 1941-50..F&A 6 Essex Co 4s 1941-1956—M&S,b Free port— 4.20s 1940-1945 .M&N b 4.208sewer 1946-1960.M&N b 4 4*s 1941-1951 M&N b 4.40s 1941-1950 Garden City 4 As 1941-52.J&J b Greenburgh (T)— I 4s 19*1-1951 -J&J b Green burgh U S Sch Dist No 9 4.40s Id 11-1965 J&D 6 Groton 6s Wat '41-'50—M&N b Harrison (T)— 4 **s 1941-1980 F&A Hempstead 1 T)4 4*s'41-59 A&O Hempstead 414s 1911-65 M&S 2.30s 1941-1967 J&J Hempstead Un F S D No 1— 6s 1941-1954 M&8 6 Hornell 4 44s 1911-1947—F&A 6 Hudson Riv Regulating Dist— 4 4s 1941-1965... ....J&J 4.70s 19 H-1965 J&J Huntington (T) 4s *41-'52.J&J b Isllp 4s 1941-1951 —•—M&S b Ithaca 444s 1941-54 J&J b Jamestown 4s Mar 20 '43 A&O Lackawanna 4 *48 '40 '54M&N 6 1 ong Beach 54*s 1953 6s 1947 Beach acquisition.. Mamaroneck (Town) 44*8 1941-1964.. J&J 6 Mamaroneck Un F 8 D No 1— 644s May 11941-1952.M&N H.90s 1941-1964 —J&J Mlddleport 4 35s '41-'42.J&1> Mlneoia (V) 4 40s 1911 68 J&J 6 Monroe Co 4s 1941-1944 F&A 6 3.90s Co Bldg *41 -'60. -F&A 6 1 4*s Jan 15 1941-1942.J&J 6 Mount Vernon — 4 **s 1941-1943 A&O 6 544s 1941.. A&O 4 4*s School 1962-73—M&N 6 4s Sewerage 1950-55— M&N 6 244» 1911 to 1956 M&S 3s 1911 to 1946 M&S Nassau County— 5s 1941-1943. M&N 6 4 448 1941-1944 A&O 6 4s 1911-1947.--. —J&D 6 39** 1944-1961 .J&J 3s July 1 1941-1964 —J&J 6 3s 1941-1950 l&A 6 3.40s July 1 1941-1945.J&J 6 24*s 1946-1956... 244s 1941-1957. F&A 6 2.40s May 1 1941-48—M&N16 2 20s 1941-1959 M&S16 0.25 0.25 to 2.25 to 2.50 to 1.50 44*8 No 2.00 to 3.00 to 2.20 % to % 1941-1960 F&A 6 0.25 to 2.00 Hempstead 8 D No 7— 1941-1942 J&D 2-40*1941-1967 0.50 0.25 M&N to 0.80 to 2.25 North Tarrytown— % 3.00 % 1.60 1.00 to 3.50 1.00 1.00 to 3.25 0.75 to 3.10 0.50 to to % to 3.00 2.75 1940-64—A&O b 0.50 4 4*s 1947-1972 J&J 2.00 Oneida 4s Water '4K45..J&J 0.25 Par OnondagaCo.4ks *40-47A&O 3.70s 1941-1951. A&O b 0.25 Ref i- 90s 1941-1957...F&A 0.25 2.10s Feb I 1911-1968 0.25 ^ 1.00 to 1.90 1.00 1.00 0.75 to 2.90 0.75 0.25 to -.J&D % 2.75'% to 2.90 % to 1.00i% co 0.25 to Par to 0.70 0.25 to 2.60 0.50 to 1.25 b 0.50 to 2.10 6 1.25 to 2.75 b 0.25 to 6 Par to 2.10 b 0.25 to 2.00 6 0.5b to 3,10 _ Par to to to to to 2.25 0.75 1 70s 1910-1968 to 1.40 % 1-.70! % 1.80 % 2.10 % 2.10 % 1.80 % Ontario Co 4s 1941-1951-M&N b Ossining 4 4*s 1911 1942.M&S b 4 4*s Water 1941-1969.A&O Oswego 5 4*s 1941-1946.-M&N to 3.00 0.25 1.00 to 1.40 Niagara, Falls S D— 44*s Oyster Bay Water Distrect— 4s 1941-1950. ...J&J Pelham (T) Un Fr Sch Dist No 1 4.60s 1944-1966 2.00 25 Poughkeepsle 4 4<s *41-52 J&D 4s School 19'11959— M&S 2.40 % to 3.00 to 2.50 to ^0 90 140s 1941-1960 M&N Port Jeryis 44*s 1941-'69.J&J Port, of „ 90 N V 1.00 to 2 50 1.80 Authority— General & refunding— 4s 1st series 3.00 May 1 1975 34*8 3d series Mar 1 1976 3s 4th series Dec 15 1976 1.10 to 1.00 to 2.95 1,00 0.75 to 1.50 0.75 0.75 0.50 to 1.60 2.40 1.00 44* sser L) 1942-1960-M&S Holland Tunnel — 4 4*8 series E 1941—.M&S 1.00 to 1.50 3 00 to 3.50 2.75 1.00 to 2.50 1.00 to 2.00 1054* 1044* 994* 1024* 44*s series D 1941..M&S to 0.75 0.50 0.50 1.25 0.50 0.50 to to 3.10 to 1.25 to 1.25 to 1.60 to 2.80 to 2.90 to 2.20 0.50 to 1.50 1.60 to 2.50 to M&N b 0.75 _ to 2.50 1.75 to 2.20 34*8 5th ser Aug 15 1977 0,2 o 1064* 0.25 4 4*8 ser E *42-60—-M&s 1064* Putnam < 0 4 4*s '41-51.A&0 6 0.40 to 2.20 4s 1941-1954.— --F&A 6 0.40 to 2.25 Rensselaer County-— 44*s Highway 1941-58.F&A Rochester 5s 1941-1962—F&A 44*s Pub Imp *41-'68.F&A 4Ks 1941-1959 M&s 4s Imp Sch &c *41-47.J&J 2 4*s 1941 1957 M&S 1.70s 1941-1948_ F&A Iks 1941-1950.,. M&S 1.20s Jan 15 1941-1950 J&J Rockland Co— to 2.25 to 2.80 to 2.30 to 2.10;% 6 0.25 to 2.001% 2.00, % 1.25 % 1.20 % 1.30! % 6 0.25 to 6 0.25 to 6 0 25 to 6 0.25 to % 6 0.25 to 1.40 % 6 0.25 to 1.30 44*s 1911-1945 M&S 6 Par to Rockvtlle Centre (V)— 4.15s 1941-1952 J&D 6 0.50 to Rome 4.10s 1940-1950—M&N 6 Par to 1.80s 1940-1945 M&N 6 Par to Rye & Har'son Un Fr S D No 6 4.40s 1941-1953— .50 F&A 6 0.50 to Saratoga County— 44*s 1911-1955 M&S 6 0.25 to 4«<toT* 1 1 6 0.50 6 0.25 _ to 2.60 105 100 Inland Terminal— to 2.85 0.50 0.50 0.50 Newburgh— I 4s Wat Impt 1942-1963.J&J b 0.75 444s Wat lmpt 1941—J&Ji New Rochelle— I 5s 1941 1950 M&N 6 1.00 4i*« 1941-1965 to 3.00 co 1045-1954— .MAS 6 1.15 1.25 % 2.25 % 1.65 1.25 2.25 % 2.25 to 2.25 - Quotations for MUNICIPAL BONDS AND STATE 98 all securities are as near as possible for the closing day of the month preceding the date of To or Bonds Ask to 1.25 b 0.20 to b 0.20 4.15s 1941-1960 A&O b 0.20 4s Oct 15 1910-1944—A&O b 0.20 to 4 Jus Schenectady— J&D 1940-1948 4.30s 2.20s 1941-1950 1.80s 1911-1950 1MB 1941-1955 to n Southampton— 6s 1941-1971 Suffolk County— M&N A&O F&A 4MB 1940-1957 3 Ms 1941-1951 2 Ms High & ref 1941-57 M&S 2.20s June 1 1941-1962 J&D Sullivan Co 4Ms '41-45.A&O Syracuse— 5Ms 1941-19604Ms 1941-1944 M&S 4.20s Dec 15-'40-71 4s 1941 1946 3 Ms 1941-1951 3s 1941-1971 M&N J&D15 -F&A 2.00 % J&J15 Thousand Islands See "Water 5s Bridge 1941-1951—F&A 6 0.75 Mecklenburg County— to b 0.40 to 2.20 1.80 b 0.40 to 2.00 b 0.20 to 2.10 b 0.25 to 1.40 to 2.30 b 0.25 b 0.25 1.20 to 2.50 to 1.40 to 2.00 b 0.25 to 2.25 b 0.25 to 2.00 b 0.^0 to 2.00 b 1.10 to 1.20 b 0.30 to 1.30 % % % 0.20 to 1.00 % 4s b 0.30 o town.' Ticonderoga S D No 5— b 0.50 4Mb July 1941-1958 J&J Tonawanda (City of»— 3M8 sewage 1941-1969-J&J b 0.75 4Mb 1941-1942 -J&J b 1.00 4 Ms Sewer 1941-1953. -J&J, b 1.00 _ M&N 2.80s 1940-1958 to 3.00 to 96 1953-1975--F&A 102 M 3 Ms s f revenue 1980--F&A b 0.40 Troy 4Mb 1941-1950 A&O b 0.40 4MB 1940-1970 J&D b 0.50 4 MB 1941-1965 J&J _ Utlca— b 0.25 4Mb Pub Imp '41-45-J&J15 b 0.25 4.20s 1941-1949 -_?&A b 0.25 4.15s 1941-1950 M&N b 0.25 4.10s 1941-1946 A&O % 2.50!% 2.40,% to 1.60 % to to to Rev 2 60s 1967-1969.A&O J&Di& 0.20 1941-1950———A&0'6 0.20 Warren Co 4Mal941-'50-F&A b 0.50 5Mb highway 1941-'53.F&A b 0.50 1.40sl941-1969 1.10s Water town— 4Mb 1941-1953 6s 1941-1945 1.50s 1941-1946 Thousand Islands— 4Mb Bridge Rev J&J J 0.25 -J&J b 0.25 „J&J b 0.25 12.40 to 1.80 to 1.10 to to 2.10 6 0.25 b 1.00 b 0.50 1959-1964—J&Dift 2.80 3Ms 1941-1951 J&D b 0.40 3 Ms 1952-1980 J&D b 2.50 3Mb 1941-1963 J&D b 0.50 2s 1941-1951 J&J b 0.50 4s June 1 b 0 .50 4Mb 1941-1959 (reg)_.M&S 1941-1954 F&A b 0.50 3.90s b 1.00 2Mb Sept 1 1943-49 4Mb July 15 to 2.50 to 2.70 2.30 to 2.80 to to 2.65 to 2.00 1.00 1940-19641.00 3s 1941-1960 M&S 1.00 2.80s 1941-1959 M&N b 2.10 2M* gen & ref July 1 *43 46 2 Ms 1940-1954 A&O b 1.00 NORTH to 2.60 to 2.25 % A&O A&O A&O J&J 1941-1945 2Mb 1946-47-1948 2 Ms 1941-1948 J&J J&J J&J 2s 1948-1949 lMs 1942-1943.. lMs 1943-1946 Ashevllle— l-4s gen ref July 4Ms 1940-1947 4Ms 1910-1952 4Ms 1940-1956 Works 1942 Water 1.00 2s 6s 1 J&J ... 2.20 to to 2.20, % b 0.50 to b 1.25 to 1.35 b 0.50 to 1.30 % 1.15 % % % to 1.30 % to 0.60 % to 0.90|% ... ... 0.50 42 42 to 2.30 1.00 to 1.85 1.00 to 2.25 1.00 to 2.15 1.00 to 2.50 1.00 to 2.15 1.00 6 0.75 to M&S F&A F&A 0.75 0.50 to 0.50 to 2.20 F&A s-a J&D to 1.40,% 2.30. % 00 A&O 4s 1941 Dayton— 5 Ms W W Imp 1944 5s W W Imp 1945 1.00 J&D 1.50 1.60 F&A % to 2.70 % to 2.50 1.00 ..M&S 5s Mar 16 1941-1946.M&810 6 0.75 to 2.40 to % 1.50,% Lake wood— to 2.15'% M u 6 2.90 XJVJ jiuao 6 3.00 lless 1 A to 2.50 % „ 1.20 to 2.40 to 70 2.40,% 11.65 to 2.40 % 2.30,% to to 2.20,% 2.10,% to 2.10 to |« to 2.10 b 2.00 to 3.00 b 1.00 to 2.10 5T.70 to 2". 00 to 2.20 % Dist— 1911 M&N 4M' Nov 1 '40-"45 4Mb ho % 106 .F&A 2Mb L941-1966 4Mb 1941-1960 b 1.00 M&S t F&A.& 1-00 4Mb Jan 1 1941-1948 Fayette County— 4Mb Highway 1952 to b 3.00 less to 2.00 Jeanette 4M« 1941-1956-M&S Lackawanna Co 4s 1944-F&A 1.00 2.25 less 4Mb Conty— 1941-1960 — McKeesport Sch Dist— 6 1.00 to 2.00,% 4Mb 1941-1943 1 « M&N|5 1.25 '41-'47--F&Ai& 1.50 1.25 Norrtstown S f> 4M« 1943 .l&1|_.-.-. to 1.70 % Northampton Bor Munlc Auth 2Mb Wat rev 1941-70—M&S 6 1.00 Mercer Co 6Mb 4Mb 1940 J&D 2 Mahoning Val San Dist— 4Mb water 1940-1952..A&O'6 0.75 1941-'44_M&S^6 0.75 2.50,% 1.50 1.00 Philadelphia— 5s Jan 1951 J&J 5s Jane 1 1962 opt '52.J&D 5s June 1 1982 opt *52.J&D 4Mb May 1948 4MB Nov 1 1948 J&J J&J less to 3.25 118 120 121M 120x4 112M1 H3M 113 M, % Issued prior to that date are tax-exempts b Basis. 1 to 2.25 to 2.30 % to 1.50 1 1.00 to 2.20 % 1.00 lass 1 1.10 Jess 1 F&A Merion Two 4s 1945— Lower to to 2.50 Lancaster % 2.501 % 1.75 1 0.80 to to 1.50% to 2.00 % 2.00 b 1.25 J&D Harrlsburg— 4s May 15 1941-1953 to 1.25 6 0.75 ,to 2.25 Erie 3 D—• 6 0.75 6 0.75 4Mb Oct 1945— A&O 5s Pa k & Imp '41-'41_A&0 6 1.00 Lima 5 Mb Sower 1910-1947. . 6 1.00 5sSewer Feb 1 1941-51 F&A16 1.00 Lucas Co 4s C H 1944—M&Si Jan. 1.1913, are taxable, all bonds 113M 4 Ms Sept 1 1967 opt'43Easton (Water Works)— Lancaster S D 4s May 1945 Cleveland— Martin's Fy 5s — 105 X 104 % ' A&O & 1941-1960-M&8, School 1961 0.75 A&O A&O A&O 6 0.75 3.15,% M M' 1.25,% less Easton-Phlllipsburg 4Mb. 1.50 % J&J % 2.30,% M&N 3.15 % lees to Del River Jt Coram Bridge to to to Water Cambria Co % 0.75 to to „ Phila-Oamden— 6 0.75 Ohio municipal bonds Issued since to 2.35 „ , & 0.30 4s 1940-1945-1950 to 6 2.25 * 4 Ms to F&A 6 1.00 80 — Bethlehem 0.50 F&A 6 1.00 to 2.25 4 Mb Sewer 1940-1959—J&D b 1.00 19 6 2.10 4Mb gen lmpl941-43—A&O Elyria 4Ma 1911-1952—M&S 5s W W ,1941-1946 J&J Hamilton County— 4M« 1943 F&A 4 Ms Sewer Oct 1 1940-'47— 5s Water 1942 F&A 4MB 1941-1963 J&J 4Ms 1941-1965 F&A 4s Water Works 1954..J&J Refg 3 Ms 1957-1962.. J&J 3.00 to to 2.00 Bridge 1942 1911-1958 Braddock to M to 2.65 79 1965--J&J 3Mb Turnpike Revenue— F&Ai 1947-1968 Vllent»wn 2.75 to less 1.25 to 3.25 Altoona— 2.75 to to 2.30. to 2.50 J&J 6 1.00 F&\! 4s M&S 6 1.00 2Mb Dec 1 1940 1965—J&D.6 1.00 2M Apr 1 1941-1967.-A&O, 2Mb 1911-1968 J&D 6 1.00 2 Ms 1941-1961 F&A'& 1.00 2Mb May 1 1941-1970 tb 1.00 £ J&D 0.75 6 1.25 Harb Dev 4Mb luly 1941-1958 2.10 % to 2.05 Heights S D— ....A&O 1945-1954 6 0.75 Greensboro— 1940-50-M&N& 0.65 July 15 1941-1945. J&J15 Highway Apr 1 1941. 1942. 1945. 1947. 1950. 1952 4b to 6 6s Water 1941 to 1945.J&J 6 0.75 Durham County— 4 M§ 1941-1951 J&D 6 0.75 Forsyth Co 4 Ms '41-'58.J&D 6 0.50 to 1.90 Allegheny County— 4MB 1941-1962 % 1.00 6 0.75 1941-1966 6 0.75 PENNSYLVANIA 4s % % % % % % M&N M&N Durham— to 2.90 % to 2.90.% — - % 2.60 % 2.30 % to 2.15 1910 1959 Cuyahoga County 4Mb 1941-1944 4MB 1941-1943 4Mb Road 1941-.-- East 8 D No. 1 July 1 1951 Series O—J&J b 1.50 4MB 1941. 1944. 1949 J&J 6 0.25 to 2.80 M&S MfcS 5Ms 1941 -/« % 2.40 % 2.40 % 2.25 % 2.30 % 2.25'% 40 to 1.50 -/o i/u i.uu 5s Dayton School Dist— to 2.00 38 1M% Tax anticlpa n notes— Series"ET" May 31 1941 1.60 4Mb Bdge 1941-1951—M&S 4Mb 1941-1961 M&S 6 0.75 43 0.60 Port of Astoria— 0.75 1.70 to 1.65 % 0.50 to 1.80 % 0.50 ,to 1.60 % 0.50 to 2.00 % 0.50 to 1.80 % 0.50 to 2.10 % 6 0.75 43 to 2.00 % to 100,% 1.60^0 1.00 M&N 4 Ms |2.20 A&O Columbus S D— 5s 1943-1952 1.75|% 0.75 to _ _ 4Mb Dock 1943 M&N 6 1.40 4Mb 1911-1960 M&N 6 0.65 4 Ms Ref Water '41-'53.J&J b 0.60 4s Water 1911-1958 -J&J 6 0.60 3s Ref Imp 1941-1947.J&D 6 0.60 2 Ms Ref imp '41-'45—M&N,6 0.60 I % 1.00 1.00 1941-1948 ;s 1941-1959 1960-1977. 2M§ 1941-66 i~65 A&O A&O M&S 2Mb 1941-1959 b 0.50 1941-1945--—1& Refunding 3 Ms to F&A *46-'51 1941-1970 §1941-1979 is to — 6s 1911-1957 b 0.50 6 0.50 5s Columbus— to 2.20 b 1.25 4s 2 15 6 0.50 4Ms July 1943 J&J 4 Ms Sewer 1955 A&O 4s 1911-1956. M&S 3 Ms Sept 1 1941-1962 2Mb Sept 1 1911 to 1956— 2 Mb Sept 1 1911 to 1976 2s Sept 1 1941-1963 M&S 1 Mb Wat. wks. '41-79 M&S Cine Southern Ry— Refund'g 1 Ms July 15 '59 Cleveland to 2.10 . 2MB 1911 1951 2M" 1911-1951.. to 3.00 2.00 to 2.25 Portland — % to 2.50 -A&O 1910 1949 3Ms 1940 1956 to 2.50 15 Multnomah O" '2.10 ... 6 0.50 5 Mb rf to 1.25 M&S 3 Mb 1944-19.53 3s 1940 1963 to 3.00 2.00 linage nJ" 0.60 4Mb Bridge 19U-1944-J&D 6 «.uo 4Mb 1949-1956 F&A 6 2.25 4s Bridge 1945-1955—J&D,6 1.75 % % to 2.50 1.00 3 Ms less 1 1976 _ to 3.40 to 3.20 % 1.90 to Multnomah Co— % to 3.10 6 1.00 to 2.80 % A&O 6 1.00 to 2.80 % A&O 6 1.00 to 3.00 % A&0 6 1.00 ,to3.10 % A&O; ' 1-25 to 3.50 b 0.50 1 1976 6 1. 00 to to 3.30 % 0.50 to 2.25 „ , Astoria Ref 1-5% 1967---J&J J&J to to 3.20 to 2.00 OREGON 3 Mb May 5s Water 1910-1953...A&O 6 1.00 to 3.30 2.75 % to 4Mb H'way *41-'49 (fs-a)_A&0 6 0.65 4s Highway 1910-1942-A&O 6 0.75 43 Highway 1911 A&O 6 0.75 6 0.75 to 3.35 _rt „ J&J b 0.50 5Mb July 1946 F&a|6 2.15 5Ms Wat & Pk '41-49-F&A 6 0.50 F&A16 0.50 (See footnote *) 5Ms 1941-1951 5s W W 1941-1968 to 3.25 - 5s 1941-1947 2.50 % J&D 4Mb Grad Oros'41-'54-A&O 4Mb Fire Dep '41-'55—A&O 4Mb 1911-1950 M&S 4s Sewage 1911-1958..M&S l.OOj b 2.20 6 0.50 % _ 2.50,% 6 1.00 Buncombe County— l-4s gen ref July Charlotte— OHIO Akron 4Mb 1911-1953 4 Ms 1911-1955 J&J J&J A&O 1 to 2.10 1941-1947---M&S 6 0.50 4M» Water Works 1941 J&J 5 D 4Mb 1941-1953 J&J b 0.50 Oklahoma County Highway 4Mb l910-'46 A&O 6 0.50 Okmulgee 5s Mar 15 1943 b 2.25 2.50 % 2.50 % J&D 3.20 to 3.50 to 3.50 Mb Aviation 1941-53City— _ Glevelaad— 5 Ms 1941-1970 CAROLINA 3 Ms to 2.40 Sewage Dis 1941-65. M&N 6 3,00 . to 2.75 b 1.00 I 4Mb 1941-1962 4Mb 1941-1968 4s 1941-1968. 4s 5 Ms Imp Feb 5s July 1 1965 to 2.75 —.A&O to 1.75 to 1.90 2.50 % 4Mb Dec 5 1940-1942—J&D to 1940-1961 A&O b 0.75 b 1.00 4Mb July 1 1941-1962.A&0 1.00 4Mb Mar 1 1941-1956.A&O 1.00 4s 1941-1958 F&A 3 Ms 1943-1931 J&D 2.50 1.00 3.30s April 1 1941-1956 1.00 3 Ms 1941-1955 M&S 5s July 1961 to 2.20 2.25 4.40s 1956 b 1.00 n 0.50 1-90 5s Water Cincinnati— A&O & 0.50 , 4 Forks— 2.85 to 5s 3.10s Oct 2.00 Ms Jan 1957 J&J 6 3.00 Fargo 4s Aug 15 1941-1954... 6 3.00 Grand to 3.00 to 1.00 b 0.75 1941-1942.J&J 1941-1952 6Mb Jan 1941-1961 6s Feb 1 to 2.60 4 Canton School Dist— 58 1954 to 2.80 Wolcott— Yonkers— to 2.50 0.75 0.75 6s Water 1944-1959___A&0 6 1.30 to . due June 30 1941 to 1946— 2.00 % 58 Sewer 1953 White Plains— „r OKLAHOMA Canton— to 1.00 to 2.50 to 1.75 '40-'43_A&0,6 0.50 to 1.50 Funding 1M% to 2M% % % % % % to 1.90 58 Farm L'n 1941-45&'50 J&J 6 2.50 5 Ms 1945 & 1948 ser C J&J 6 3.00 4 Ms July 1951 & 1955—J&J 6 3.00 4s to 1.20 to 2.75 Tulsa Allen Co 5 M [s 1941-1950.A&O Ashland 5 Ms 1940-1944.A&O to 1.60 to 1.25 Oklahoma M&S 6 0.75 — 1962-86-J&D b 2.75 4Mb Co Bldg 1941-44--A&O 4Mb *44. '45. *56 & *69 J&D 4s Co Bldg 1941-59—M&S % % 2.00,% 95 ~ 6 0.50 '41-'82J&J b 1.00 4Mb Parkway 1.60% 1.70 % % to 2.35 '67.M&S Westchester County— ' 5s 1941-1976—--—-J&D 4Mb San Sew Zanesville S D 5s 1.65% 1.25'% to A&0 & °'5° t0 2,75 Bdge 1910:tail A&O 6 1.00 4Ms 1940-1957 A&O & 0.75 Youngstown School Dist— 4 Hs 1944-1[947 M&S 6 2.00 5s 1911-1944 M&S 6 1.00 % 3.00,% M to-1.15'% b 0.25 1941-1948-.—F&A to A&ob °-5° to 2-9o Youngstown— to 2.90 NORTH DAKOTA to 2.25 to b 0.25 3 Mb May 15 '41-51.-M&N b 0.20 Revenue 2.75s 1940-66 A&O 3.90s 2.70| to 4Ms 1941-1958—-M&N 15 6 4Ms 1941-1973--.. J&J;6 4s refunding 1948-56 J&J 6 3s refunding 1956-68 J&J 6 103 to {°50 1942...J&J 2Mb June 30, 1941-1948— b 2s June 30. 1949-1954-.... & Muskogee— to 2.35 b 2.45 to 3.25 M&N 6 2.60 A&0,6 2.80 to 2.50 b 1.35 Park July 1 Vfr JR'iHS59 _ — to 3.25 Triborough Bridge— 2Ms revenue 1945-52.F&A 3s revenue to 1.25 b 0.75 4s Toledo School Dist- M&N 6 2.30 1946-1950. 2 50 Winston-Salem— 5s Sept 1911-1947 to 3.25 1.00 1 % 1 less F&A b °'50 to L75 3 00 % y^iS41;1,9*44 I'd8 \V\-mM&S15 6 0.80 to 275 % hit9 XT941",19,53 M&S b 0.50 to 2.75 % 1.00 to 2.75 % 4Ms Nov 1 1940-1953 6 Randolph County— 4Ms 1941-1947 F&A 6 1.00 to 2.60 % 4Ms 1948-1959 F&A 6 2.70 to 3.25 % Salisbury 6s 1941 —M&N1& 2.00 less M Transylvania County— Refunding 1M% 1941-1942 2% 1943-47, 2M% '48-'52 3% 1953-57 and 4% 195860 58 M 1972—> J&J to 3.20 5s Water 1941-1950—J&J 5 Ms Water 1941-1950—J&J Union Free Sch Dist— less D Wilmington— 5s Ref & Impt 1955 A&O 6 2.60 less 1 to 2.70 % 4Ms 1941-1962 A&O 6 Par 4Ms Pub Imp 1941-60-J&Ji& 0.75 to 2.60 % to 2.60 1.00 J&J 6 3.25 3 Ms 1951-1956 3s 1955-1970- to 1 to 2.50 M&S 6 1.75 4 Ms 1943-1947 5s Fund June 1959 «s 6s Pub Wharf 1960—M&S 5s Sewer 1949 M&S to 2.85 less Raleigh— 5s Impt June 1 1944.-J&D 6 2.00 4Ms Uh 1-1967 A&O 6 Par b 0.20 Par M&N 6 2.10 6s Ref Nov 1950 Pitt County— % M&S b °'5° t0 1,90 % Toledo— to 3.10 Lincoln Co— to 2.50 M&S h 0 5° t0 J 1 less U)0 1.00 to 2.80 % Sp«rf0 99 98 6 2.00 0.75!% toCyrmat'yi-.J&D 6 1.00 (5 to 10 Mfc-AS0 3.50 to 3.80 A&O 6 1.75 to 1.75 b 0.20 2s 1941 1956 M&N '42.F&A 4MB 1941-1950 Not yr mat'y)_J&D 6 1.30 1.251% Montgomery County— 1 5s Flood Emerg '4l-'42 J&D 6 0.75 to 1.00 % to 3.60 Iredell Co 5s Aug 1 3.00 J&J15 M&S 2.10% Aug 15 1946-1947—1M« 1941-1948 F&A 1MB 1941-1946 M&S to M&N 6 2.25 M&N 6 3.70 3MS 1970-1975 I to 2.30 to M&S 1941-1957 M&N 6 2.25 4s 1942-1957. 3 Ms 1958-1969 Ask Conservancy Dist— jjH" 5Ms to Refunding bonds— 4 Ms 1942-1951 on b 0.50 b Miami 1 less 3.15 High Point 4Ms 1941-48.J&J 6 1.75 to 3.30 5s Wat Serv 1941-1968 J&D 6100 M to 4.00 1.00.% to 1.10s 1941-1949 M&S:&0.20 Schenectady County— I, ^ 4KB 1942-1958 J&J b 0.50 6 6s Dec 15 1940-1948 -ffc 0.25 A f>c b 0.75 Somers (T) 4Ms'40-'53-M&N 2.20% Greenville 61WW 1958.F&A 6 3.35 Guilford County— 4 Ms 1941-1957 M&N 6 0.50 % 1.60 % 2.30 % To or Bid Bonds Net Ask Bid onds A&O b 0.20 to 1.75 % M&S to 1.60,% M&S & 0.20 F&AI& 0.20 to2.00|% to 1.20 1940-1955 2MB Yield Basis To or Net b 0.25 1941-45—J&D Scarsdale Issue Yield Basis Yield basis Bid H /Flat price. 1%25 % OCT., 1940] STATE AND MUNICIPAL • Yield Basis Yield Basis To or Bid Bonds Ask 4s Jan 1 1946 4s Feb 16 1955 4s Nov 1 1966 4s July 26 1972 111X Due May 1 Ref 4s Aug 104 108 X J&J J&J J&J 116X 108 104 —. . 109X J&D School District— 3s 1944-1964 F&A 2Xs 1941-1963 J&D Reading 5s Impt 1943-49-J&J Schuylkill County— 4Hs 1941-1955 -J&J Scranton 4H« 1941 F&A 5s 1941-1950. F&A Scranton School District—• to 1 50 0 75 to 2.40 Perkins Co refunding 3-4s 1.00 0 75 to to 1.50 % Stanley Co 15 year 3Xs Sioux Falls S D— 0.50 to 2.50 % % % 2.50 % to 2 00 to 1.80 ) > 0.50 to ) % % to 1.75 % 1.80 % 2.05 % 6 2.25 1.10 to 2.15 0.50 1.40 to 2.10 1.50 1.25 to 2.80 to 1.75 1.50 to 3.00 b 1.50 to 3.25 6 2.75 to 3.00 to 2.00 Wllkes-Rarre— RHODE 1 1954 opt — 1.75 98 85 99 J&D 2s Dec 1 1956 b 0.50 —- — 100 ISLAND less 2.00 % 2.05 % 1.50 1.40 1.00 1.25 1.70 2.20 to 2.25 to 2.50 1.00 1.80 98 6 0.50 to 2 75 2.70 3.40 3.30 3.40 6 3.50 b 3.60 to 0.90 79 Dyer Co ref 3 X-4X» 1965 Fayette County— 4Xs Road 1958—. J&J b 4.30 Gibs-» , County— b 1.00 4Xs, 1940-1958 to 1.70 2.15 2.25 to 2.75 to 2.75 ~/o to 2.75 to 1.15 % % 6 0.75 to 2.35 % b 0.75 b 2.00 to 1.15 % 'Newport— 6H» June 1 1941-1953 4 Ha May 1941-1942—M&N 4s May 15 1948 M&N 8Xs g High sch 1954 J&D 2Ha Waterwks '41-71 M&S Pawtucket— 4Hs 1950 J&J 4X8 Sewer 1952. J&D 4Xs S hool 1954 M&N Providence— 4Xs 1940-1959 J&D 4 (Jan 1 1945.. —J&J 4»Oct 1 1954--. A&O 4s May 2 1957 M&N2 4s Water 1962— J&D 4s Oct 1 1964 A&O 4sl941-1950 J&D 3s 1944-1951 J&D 2Ha 1951-1959 F&A 2 Ha 1941 1957 F&A 2s May I 1941-1958 , WPA School Loan— 3s 1946-1965 Woonsocket— 1.75 % 1.90 % b 2.10 6 0.50 to 2.60,% Hamilton 6 3.10 6 3.15 Refunding Refunding Refunding Refunding 6 0.50 to 6 1.25 2.60' % 2.00 82 4.10 % to 3 .60 % 3.30 2.10 I , 5 3.50 6 2.30 6 1.00 to 94 4 Xs Jan 4 Ha Jan 5s Jan 1 6s Jan 1 2.75 % 98 6 3.00 104 104 1 1958. 1 1958. 1958— 104 1958— 104 Obligation 4Xs—. 6 3 80 General Obligation 4X®— 6 3 90 6 4 00 General Obligation 5s 113 Funding 5Xs Sept 1950— W afcer 4 ^ 8 6 3.30 2.35!% 6 2.50 6 2 55 6 2.75 6 2.75 2.40,% 2.55 % 2.551% 6 0.80 to 2.20 % 6 1.10 62.20 to 2.20,% 6 0.80 to 2 .50 % to 2.50 % 6 0.80 to 2.50 J&J 6 1.25 1.55 to3.15 1.50 1.50 2.25 to 3.00 1.50 104 X 3.60 % 3.70 % 3.75,% ni®% 3.301% to 3 3 to 10 Jo°il 2.60'% to 3.00 Electric 2.10 2.75 0.50 0.75 0.75 1.75 to 2.60 4X« 4Xs 4X8 4X8 0.75 0.90 1.00 to 2.20 6s 1941-1942 A&O 5s March 1941-1960- j. -M&S 5s Memorial Sq '41-50.M&S 2.70,% 2.35 to 2.65 to Hospital '41-'56--J&J 1940 1968 M&N 1941-1967 -J&J 194D1948 M&S 2Xs 1946-1959 J&D 6 1.80 - 1 1 4Xs 1941 M&S Spartanburg— 4X« Water 1941-1965-J&J 6 1.00 6s Nov 1 1943 .—J 4X8 1941-1950-.-.. J&J to 2.60 1 00 0.20 0.20 to 2.65 2 25 to 2.00 to 2.10 6 0.75 to 2.30 6 1.75 to 3.75 200 6 0.75 to 3.85 6 0.75 to 3.25 6 0.75 to 3.25 "0 1.25 50 to 325 6 0.50 to 3 .25 6 0.75 to 2 70 6 Too to 3.40 6 3.10 to 3.30 1.50 1.00 1.00 STATES—See pages 19 and 92 4s Ref 1946-1965 0.35 0.25 % 0.25 to 1.50 0.30 to 1.50 0.40 0.30 % 0.30 1.60 to 1.50 1.80 A&O Salt Lake City 8 D— 4s May 1 1949 M&N 2Xs Refunding 1958-M&N Salt Lake Co 4Xs Apr 1 1942 1.70 1.00 1.90 1.75 0.70 0.50 J&D 6 0.15 A&O 6 0.10 to 1.25 4Xs City Hall 1940-55.J&D 6 0.25 to 2.00 Rutland (School Debt)— 4s 1941-1948— F&A 6 0.35 to 1.60 Alexandria— 3s 1941-1973—J15 & D 16 6 2.25 Arlington County— 5X« 1941-1954. Bristol— to 2.50 2 60 to 6 1.00 less less 1 less 1 w 2.25 6 2.50 to 3.25 % 2.25 Austin— 5s 1941-1942 to 2.60 % to 2.80 % to 2.70 % less X X less X less 1 4Xs July 1 1941-1950-J&J 6 2.00 Fairfax Go 4Xs 1945..F&A2 6 1.90 Henrico County— School 5s 1941-1950—J&J 6 1.60 4 Xs June 1 1957 J&D 6 2.40 5.25 6 2 «0 ;s F&A 6 2.20 less X 5Xs School 1941-1953.. J&J 6 3.25 Charlottesville— 5s 1962 opt 1942 ..M&S 6 1.00 5s Water Impt 1958...J&J 6 2.00 Danville— 1.75 to 2.25 6 2.75 VIRGINIA (Commonwealth) 1962 6 2.00 less X 2X» Refunding 1947-60—J&J 6 1.75 less X lXs Refunding 1941-*46—J&J 6 0.50 less X Albemarle Co 5s 1948 J&J 6 2.20 less X to 2 .80 h 5.25 to 1.90 4s 3.00 to 1.25 to to 1.40 6 0.50 to 2.40 X less X less 1 less 1 less 1 6 2.10 less 1 F&A 6 2.60 less X , Lynchburg— 6 1.00 to 6 1.25 to 3.75 6 3.70 3.50 6 3.70 3.50 3.50 _ 4s Pub Impt 1941-1959.J&J Newport News— 4 Xs 1941-1958 Norfolk— 3s 1953-1962 ..J&D 4Xs 1940-1972 5% Water May 102 ...... 6 3.00 1952-—:: 6 2.60 5% Port Terminal May *52. 6 2.60 less A&O 6 3.00 less F&A 6 3.25 J&J 6 3.00 J&D 6 2.50 less J&J 6 2.20 J&J 6 2.25 J&J J&J 2.30 J&J 1.60 0.25 less Petersburg 4X* 1952 Abilene 5s Feb 15 1959-1965. Amarillo4Xs *41-'58.M&S 15 % to 2.35 VERMONT _ TEXAS % 5Xs 1951 4Xs 1941-1954.. 103 6 1.00 to 3.30 % 101X ^ 4Xs 1941-1961 4Xa 1941-1953 J&J 6 0.50 J&J 6 0.50 J&J 6 0.50 4X» 1954-1958 J&J 0.75 3.00 to 2.50 to 2.80 to to % % % % 5s Water 1948 Richmond— 4Xa 1958 4Xs July 1 1964 4xs July 1 1941 4Xs July 1 1965 Beaumont— 3.10 5s Water Works 1954-M&S 2X8 1941-1953 5s 1941-1965 A&O 6 1.25 to 3.40 lXs Jan 1 1941-1960 Roanoke— 4Xs 1941-1970 J&J 6 1 00 to 3.40 4s 1942 opt 1922 2Xs Water 1941-1908.A&O J&D 100 2Xs Jan 1 1941-1958—J&J 3X« 1941-1952 A&O 6 1.00 to 315 4s 1953-1977— 4X8 1940-1956 A&O 6 3.10 to 3.60 Brazoria Co— Staunton 58 1941-1958..M&S Tazewell Co 5s 1941-40—J&J 5X> Impt Apr 10 1956-1965 6 3.25 to 3.75 Washington County— 5s school 1941-1949.-.-J&J 6 „ 6s Sept 1941— M&S 6 0.50 s Jan 15 1943 J&J15 61 50 s Rural Credit 1942—J&J 6 1.25 / Flat price. . to Portsmouth— SOUTH DAKOTA 6 Basis. — 2.50 to 2.60 1.25 5Xs April 1 1941 J&J lXs refunding 1940-1955 Ogden 4X% 1941-1945—F&A Salt Lake City— 5a Refunding 1941.. J&J 4b Ref 1941-1945 A&O _ • 1.00 6 1.00 J&D to 2.10 f^50 ho J&J to 0.50 Refunding 1942-1951 J&J Burlington— - 1.00 to 2.20 1.00 to 2.50 1.00 to 2.90 1.00 to 2.90 1.00 to 2.10 3Xs 1942-1945 Co— Polk Co 5s 19U-1946 J&D 4Xs Highway 1941-43-F&A 6 1.00 to 2.20 Robertson County— Charleston 4Xs Jan 1942-J&J 4X8 Road 1948 ..F&A 8 Xs Wat World ,41-'78A&0 6 Too" to 2~.25 Shelby. County— 4s Courthouse 1957 Columbia 5s Ref 1941— M&S A&O 5a Aud Mkt H'se 1949-M&S 2.25 4Xs Water 1945 J&J Greenville 5s St 1942 J&J 1.70 4X% Jail 1941-1951..M&S 8 Xs water ref 1941-76 M&N 6 1.00 to 3.15 % Smith County— Greenville County— 5Xs Fdg 1941-1958 J&J 1.00 to 2.75 4X8 1911-1955 J&J Tipton County— 1.00 to 2.20 4Xs Road July 2 '41-'58J&J 4X» Highw 1941-1945-F&A Greater Greenville Sewer Dist Washington County— 3.50 6% Fdg Jan 1 1954 4Xr 1967 M&N J&J 3s sewer 1940-1958—J&D 1.00 to 3.00 White County— 2.40 to 3.00 2Xs sewer 1949-1958.J&D 5X% Highway 1955-M&S Kershaw Co— 5s Highway 1941-1946.F&A 6 1.00 Marlon Co— 1.00 1.00 to 1.80 Anderson M&S to 2.40 6 0.50 4s to 2.50 Eiectrtc Power Revenue— Sumter County— 5s 1941-1952York County— to 2.65 to 3.75 J&D 6 1.00 to 1.90 % J&D 6 1.80 to 2.40 % to 2.75 Spartanburg County— 4Xs 1941-1947 to 2 60 Brattleboro— Nashville— Indebtedness— Aiken Co 4Xs 1941-1945.F&A % 1.50 6 0.50 4Xs Apr 10 '41-'56.A&010 Houston— 4Xs Sept 1940-1952—M&N 4Xs 1941-1957 J&J 4Xs Impt 1941-55(s-a)-J&J 4Xs 1942-1947 2Xs 1941-1955——J&J lXs 1941-1955 —J&J Houston S D 5s Feb 1952-.. 4Xs 1940-1951 J&D Palestine 5s Sch Aug 1 1944, 1949, 1954, 1959. 1964 Port \rthur— 5a 1941 1970-— F&A San Antonio— 5Xs W W 1941-1965-M&N 5s Sept 1941-1959 M&S 5s St Impt Dist No 21943.. 4Xs 1941-1967 J&J 4Xs 1911-1968 F&A 3s July 1 1941-1951 J&J Waco— 5s Water Works 1942 J&J 4Xs Water 1941-1968—J&J Wichita County— 4Xs ref Apr 1 1953-1964— Wichita Falls— 3X« 1940-1948 4X8 Oct 1 1940-1949 Plant— to F&A M&N to 3.25 to 2.90 1941-1944 J&D 6 0.50 to 1.30 2.10s 1945-1954—-J&D 6 1.40 to 2.20 0.50 lXs 1941-1950 Galveston— 5s Grade Raising 1944-A&O 5s School 1941-1954—M&S 6 0.75 5s 1941-1956 A&O 6 0.75 Grimes County— 3Xs 3Xs Refunding 1940-1955— State Highway Certificates lXs 1942-1948 1.25 3.25 % 2.60 % to 2.25 Montgomery Co 5s CumberRiver Bdge 1953.F&A 6 3.25 J&J A&O to 0.75" 3Xs Nov 11940-1967-M&N 6 0.75 „ Gas Plant— to 3.15 to 2.80 % 3s 1941-1952 2Xs 1945-1954 Ind Sch D 4s Vil-^—F&A 6 2.90 to 3.20 UTAH to 2.50 0.50 J&D 3.40 3.25 UNITED 2.25 -J&J J&J 8Xs 1941-1949 to 104 X 104 X 4X8 Park 1959 A&O 6 3.00 4X8 1911-1955.—J&D 6 1.00 4s 1941-1954 M&S 6 1.00 SOUTH CAROLINA J&D to 2.80 % 6 2.50 4X« Water 1949 3 Xs 1942-1949 2.10s 1950-1969 4X» 1940-1953— to 2 25 to 2.25 to 2.40 A&O 6 3.10 5s 1911-1959 —J&D 6 0.75 4Xs 1941-1971 ——F&A 6 0.75 4Xs 1941-1964--F&A 6 1.00 4s Refunding 1941 J&J 104 X Electric System to 3.10 1.50 1.75 1.50 Funding" 1952T962.A&0 6 3.40J Revenue— 3Xs 1941-1954 J&J b 1.00 3xs 1955-1958— J&J 6 3.20 Madison County— 4X % Highway Al-^O J&D 6 1.00 Memphis 5s July 1954—J&J 6 2.80 5s River Term '41-'48_A&0 6 1.00 4X8 Water 1911-1962—J&J 6 1.00 4s 1.30 4Xs 1941-1967——J&D M&N 4X8 Funding 1944 4Xs 1941-1967,---—J&D 4X8 June 19U-1957—J&D 5s Funded 1941-1959--A&O 4s Funding 1947-——-A&O % to 2.55 1.50 of to 2.75 4% to4X% due 1969 General 1.10,% 1941——J&D 6s Fund 1941-1961 M&N 4s Institu'l 1941-1959 to 2.75 to 2.80 Knoxville— 2.85;% 2.85% 2.85 % 6 3.10 _ 4X4 funding County— 4X% Refunding 1957-A&0 5% Bridge 1944 Jackson— 4X8 Ref 1941-1948—J&J Johnson City— 5Xs Impt 1940-1946—J&D Knox County— < 4 Xs Bridge May 1 '51 M&N to 2.60 6 0.75 — 1.50 to M&N 6 0.75 1941-1960 5Xs Road 1941-'54-A&010 6 1.25 Harris Co— 1.25 b 2 85 b 3.60 4Xs Highway 1947—J&J b 1.70 5% Co Memoriar41-'50J&J 6 0 50 to 0.65 Cranston— 2Xs Nov 15 1942-1971---- 6 1.10 4s 1941-1966 --J&J 6 1.00 4Hs Mar 15 '41-73-M&S15 6 1.00 5s 1941-1942 A&O 6 1.00 5s 4Xs 1941-1945 M&N 6 0.75 4s School 1941-1951—J&J 6 1.80 2Xs 1941-1957-. —J&J 6 0.50 2Xs voted 1941-1958.-F&A 60 50 6 2.25 Dallas Co 4Xs Apr 10 1951. 4Xs 1941-1970-.——M&N Fort Worth— 5s 1951 X Davidson County— 1% Relief 1942-1943---M&S 6 0.50 1 H% June 1 1941-1943--J&D b 0.50 8% Public Wks 1951-56-M&S 6 1.50 4s Oharit Inst 1965 M&S b 2.35 4s June 1 1977 J&D b 2.40 Dallas— 5s W W purch 1950—-A&O 6 3.25 3.00 5s Impt Aug 1 1948—F&A 6 3.25 to 2.80 4Xs 1941-1960 A&O 6 1 00 to 3.25 „ 2Xs 1941-1968 J&J 2Xs July 1 1969——.J&J 4X8 School 1956——A&O 4 Xs Memorial Aud '52M&N 5s Hospital 1954——M&S to 1.00 To Net El I'aso— Chattanooga— Electric Power Revenue— to 2.30 Ask River Conservation & Reclamation District— M&N 60.60% to99X Cori.u* Christ! 5s fd '67-F&A 6 4.00 i 3.75 % 89 101 b 2.15 b 2.25 2Xs Dec 1 1956 -2X8 1947-1948 J&D b 1.70 1.60 3s Sept 1 1946---1.20 3Xs Sept 1 19441.40 3Xs Sept 1 1945— — 1.90 3Xs 1948 -J&D 2 40 3.90s Sept 1 1955-1958 0.50 4s 1940-1955 0.50 4Xs 1940-1967 1.40 4Xs bridge 1944-1945 1.25 6s July 1 1943 — 6 2.00 6s April 15 1946-1947 Carter County 90 5s funding Jan 1 1959—J&J 92 5X8 road-—. , 4 h& Impt 1941-1945—J&J 6 1,50 York 4^s 1941-1943—-F&A 6 0.90 Bid 2Xs 1942-1955 TENNESSEE 0.50 0.50 0.50 > b % to 1.40 % less 1 I „ 5X8 Dec 1 1940 100 , 4Hs 1941-1956-—.—-J&J 3% opt rev 1941-48--M&N F&A 0.75 - 1953 ... Jackson Co— Ref 4Xs Sept Public Works Relief— 4^% to 2.40 % to 2.20 Refdg 1950-1959.-F&A b 2.25 to 2.60 % Refunding series AA— 4Xs to Aug 1 1941, 3% thereafter 1950-59--F&A b 2.25 to 2.60 % Corson County— 90 94 4-4X8 1942-1958 101X 4tfs 1941-1913 J&J 4Xs 1941-1959 -M&N 4Xs Apr 15 1941-58.A&Ol5 4s 1941-1942 J&J 4s 1940-1956 J&D Operating Revenue— 1 Hs Apr & Oct 1940-1941 Pittsburgh— 4Hs 1941-1950 -J&D 42Hs Sch Dist 1940-62-A&O 2Xs July 1 1941-1956.-J&J 2 Ha Feb 1 1941-1958-F&A b 1.50 b 1.25 b 1.25 3s 104 3Xs July 1 1986 opt 1956— 3Xs Jan 1 1941-45 J&J 2^s Jan 1 1946-1960—J&J Philadelphia School Dist— Bonds Brazos 1943-'50„M&N 1947—-----F&A I or Net 1 *43-'49— -F&A 3Xs 1943 to 1946. 3s Feb liox 116X 117 —J&J . Ask 4Xs Rural Credit— 110 H 112 X J&J J&J - Yield Basis To or Bid Bonds Net Philadelphia (Concluded)— 4Xs 1976 opt 1946 4Kb Pec 17 1978 4s July 1942 99 BONDS possible for the closing day of the month preceding the date of Issue Quotations for all securities are as near as 6 2.50 J Optional to Jan. 1, 1943 at 104; 1948 at 103; 1953 at 102 and 1958 at 100. x X less less less X X 0.25 less less to X i 2.00 2.40 less 1 2.00 less 2.15 2.15 less less M 1.60 less 1 2.25 less 1 1 U STATE AND MUNICIPAL BONDS day of the month preceding the date or issue loo Quotations for all securities are as near as possible for the closing • Ask WASHINGTON Everett— to 2.10 ft 0.50 wat-1940-59 Gen obllg to 2.00 2.10 4K% Gen obllg 1941-43.-.TAJ 4% Geo obllg 1948-1950 3h% Gen oblig 1950-1951 3K% Gen oblig 1951-1952 Clark CountyRefunding 6s1953 M&N 4 4s 0.75 2.00 0.25 1.75 to to 2.15 to 2.75 bonds— Water revenue 0.75 0.75 to 2 00 to 1 25 2.50 0.75 0.75 to Pierce County— 4 Ha 1910 1944 5 0.75 to Port of Seattle— 5s 1941-1955- 0.60 to 2.7 5 0.60 to 1940-49.M&N 1940 1950 M&N to 2.60 4Kb Water '41-'43 (s-a) J&J 4Kb EIL&P ,42-'46(s-a)J&J 4KsEIL&P'40-51(s-a A&O 4s Water 1944-1946-...J&J 4 2.75 Kb ref wat 1 25 1.50 I 4Kb 1949-68opt '43-A&O 4s 1940 1953 M&N 3KB 1943-1953 A&O 3K« 19 '1-1954 A&O 8eattle School Dlst No 1— 4s 1946-1950 M&N b & Sur 10 (Hartf) — Aetna Life (Hartford) Agr cultural (Watet'n) Allemannia Fire (Pgh) 25 (NY). lb Amer Cas (Read'g. Pa) (N Y) Amer Fid & Casualty. 5 Amer Equitable 5 Aetna Insur Anier Alliance 10 10 5 to 1.60 to 2.70 Madison — J&D b 0.25 J&J 0 25 to 1 1941-1944. J&J 0.25 to 0.25 0.25 0 25 to 1941-1949 4s 10 1.00 to 1.90 1941-1943 —J&J 0.10 to 0.80 —J&J 0.20 to 1.75 /o —J&J 1.65 to 1.85 % to F&A 1.00 1.00 to 0.70 0.30 to 1.25 % Racine County— 4Ks 1941-1950 J&J Superior 4Ks Sch *41-,44.J&J 0.50 to 2 2.00 to 4s July 1948-1952 Milwaukee County— 4 Kb Ct H'se '40-#50 M&N 15 4 Ks Sew Mar 12 1911-19154Kscourtb'8e *40-49 J&Dlfi Racine 4Ks 1957 M&N 1.80 ..J&J ..J&J 3Ks 1951 and 1952 3 Kb 1943-1952 1911-1946... .M&S to 3.25 "l~75 6s 1941 % 1.20 to 1.90 % 0 15 to 1.90 % 0.90 to 1.90 0.15 to 1.85 0.80 to 99 K Charleston— 2Kb 2Kb I . 1.70 1 10 1 50 to to 3 00 50 to 1 00 3-50 WYOMING 1.55 Albany County— Rif3Ks 1942-1954-___ J&J 6 1.00 Casper ref 4Ks 1941-1964-J&J 6 1.00 to 2.10 -J&D 6 0.50 1958-1972—...J&D 6 2.05 1941-1958 Shoridan 2.30 to (Wat) 3Ks 1941-65 6 1.00 to 2.7* to 3.10 to 3.25 Surplus 31, Reserve Unearned Ask Par Capital 1939 Reserve share $ $ $ $ Unearned Bid 7,500.000 25 1.000.000 3,000,000 1,000.000 (NY) 100 (Boston) (Buff) 100 5 Calif-West States Life 5 Camden Fire (Camden) Carolina (Wilmington 10 NO.) Central States Life (St Buffalo Ins Co 250,000 875,000 2,000.000 City of NewYork(NY) City Title Insurance Colonial Life (Jersey 10 1.50C.000 5 100 Colum^fan Nat'f 2,643,210 892.276 150.000 5.837.363 770.728 100 — ... 5 12K 14 43 K 16 H 45K 17 K 30 95 2,000.000 18K ~20" 10 637.530 Continental Assurance 10 1,000.000 1,421.828 *21,700.845 2,642,443 *27.864.308 2,000.000 6,822,050 Casualty Ind) — 5 Continental Ins (N Y) 2K Eagle Fire (Newark). 2K 10 Employers Re-lns(KO) 5 Excelsior 5 (N Y) 10 Federal Ins (Jer City) 20 Fldeliiy & Dep (Bait) Fidelity-Phenlx (NY) 2K Excess Ins 10 Phlla (Wash'ton) 20 Firemans Fund (S F). 25 Ftreraens Ins (Newark) 5 Franklin Fire (Phlla). Reinsurance. Georgia Home Gibraltar Fire & Mar Glens Falls Insurance 5 5 10 10 5,000.000 66,076,028 815.000 373,178 1,500,000 2.500.000 228.044 250,000 755,095 834,962 4,000,000 12.866.770 6.352.355 2K 118 35 1,453.186 Indemnity (New York) Great Amer Ins (N Y) Halifax (Halifax, NS). Hanover Fire (N Y). Hart ford Fire (Hartf) Hartford Steam Boiler 35 K 36 K 34 H 35 X 15.451.216 7.324.229 15 36 9.130.299 1,000.000 preferred 30 34 3,750.000 51.504.983 2.000.000 10,214.569 300.000 397,403 7.500.000 16.356.502 9.397.690 8.029.384 3.000.000 8.828.675 1,000.000 6.000,000 500,000 1.007.254 1.000,000 1.187,443 2.500.000 1.200.000 17.789.632 9.527,819 k 123 93 K 7.272.844 27 K 38 2.164.733 Home (New York) Home F & M (8 F) 35 H 63 H 9 96K 10 K 29 K 40 Security.. Homestead Fire (Bait) Home F r* No par value, 9 9K 60 9K 24 K 11K 144" 10 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 6.070.084 2.121.895 4.959.557 43 K 14 K 45 K York Fire .... 5 N'eastern (Hartford). 5 North River Iii* ■ N Y) 2K North Star Reinsur 5 Northern In Cot NY) 12 K 25 Occidental Ins (S F)__ Old Line IJfe (Milw). 10 1,188,742 26 2,000,000 1.000,000 Y)„. 25 1.000,000 1.000,000 Pacific Indemnity Pan-Amer Life (N O). Peerless Casualty.. 10 1,500.000 10 1.000.000 630.000 Phila Life 10 Fire (N (Phila) Phila Nat Ins (Phila). Phoenix Ins (Hartf).. 16 3K 4K 22 H 15 24 K 20 5 10 10 5.460.234 95 K 99 K 5,415.507 957.537 2.411.725 735.709 *19.038.646 3.699.317 3.023.180 2.500.000 2.832.531 2,119,524 *35.421.052 281,435 493.974 207.183 *12,613,671 114K 119K 26 27K 10K 9K 117 113 35 K 13 K 9K IK - 700.000 1.304,124 1.000.000 6.000.000 39.661,976 575.240 14 15* 8,725.846 82 86 5 1.000.000 2.950,945 2.199.510 12 14 K 10 3.000.000 6.414.876 4.998,898 1,928,266 4.596.157 297.899 981.131 34 36 1.000,000 892.537 3,184.552 1.433.308 2,032.497 2,738,240 1,263.895 1,579.093 1.000.000 Washing¬ (Providence) .. 2 1,530,000 10 1.000,000 Reliance Life (Pgh) 100 100 10 Republic (Dallas).... 2.000",000 ReinsuranceCorpf NY) Reliance ins (Phila).. Revere (Paul) Rhode Island Rochester 10 Fire... (Prov). 2K 6 K 18 K 170 7K 19K 25 K 24 "27" 2K (Rochester) 2.071,824 827.848 24 26 62 K 10,000.000 21.070.534 9,609.365 223 233 10 1.000.000 1,000.000 845.307 1.000.000 756.344 971.5S1 10 2.000,000 4,000,000 4,078,182 10 13 K U 8 Casualty con v pref 25 82 85 anty (Baltimore)... U S Fire (New York). 2 55 K 57 K 10 30K 32K 0 8 Guarantee Co... Unlver Ins (N J) 43 West Coast 2K 19K Westchester 12.376.770 6,375.650 2.675.687 52,856 1.241.513 500.000 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 5.000.000 14.919.181 1.380.640 6K 8K 33 K 32 K 35 H Life (8 F) 2 400.000 1.263.531 5 375.000 1.000.000 400.000 243.415 *24.100.281 10 9,315.816 574.790 $500,835 $5 2nd pref. and $75,000 $5 junior pref. stock. e Includes capital, x Not an insurance company. a Statutory insurance reserve, 10.217.865 8 Fire(NY) 2K Wisconsin Nat Lire... 2.000.000 20,008.203 2,000.000 *2 2008203 2.000.000 6.477.319 10.217.865 3.003.557 875.185 4 5.748 869 *7.779.760 34K 112K 115K 37 2 K 38 3 K 240 290 410 420 8 U S Fidelity & Guar¬ 18 25 K 4 American 11 K 41 38 "irr Accident (New York).I ton 10 23 K IK t Consists of $312,000 $4 cum. 1st pref., legal reserve or life insurance reserves, 6 K 14 138 Hampshire Fire (Manchester, N H) 25 (Springfield Mass) Standard Accident... 10 5 Siuy vesant Fire (N Y) Sun Life Ass'nce (Cas) 100 Travelers Fire (Hartf) 100 8.097.451 48.121.615 2.634.445 1.000.000 7 K 27 K 55 H 7K 17 K 12 1.255,309 5.256 395 33.867.780 10 J5* 24 K 53 K 33 K 6.933.791 2.853.978 3,011,073 13.146.880 10 1.117.201 15,102.208 5,591.541 95.914 7.339,788 31 K Security Ins (N Hav). Spring) leld Fire & Mar 55 3,200.302 287.636 754,694 1,000.000 1.580,311 42 H 10 t887,835 1.000.000 4.932.000 750.000 5,000,000 22.414.530 4.000.000 8.784,716 235.471 200,000 1.100.000 5.609.852 2.121.228 40 K 1,757.193 6.515,886 10 12.000.000 56.776.267 47 1.000.000 22 H 4,000,000 43 1.691.246 10 1,326,705 2.000.000 4,131,181 1.009.695 Fire 10 8.150.000 25.681.304 9.016.344 1,000.000 N J).. Brunswick New St Paul F & M (St P). 5 2.500,000 2K 16 K Seaboard F & M (NY) Seaboard Surety (NY 10 61K Cas 24 K 4.041.236 10 2 10 20 26 10 3,000.000 8.475.475 5 15.000.000 50.371.518 — 10 23 991.253 10 59 6,244.634 Providence 28 5.352.343 5,331,877 5.000.000 Preferred 45 63 254.365 1.000.000 4.058.267 1,000.000 10 5K 8K 12.757.108 13.967.492 1 4.424,256 IK 36 2 51 7 Amer (Hartford) 10 Pacific 28 42 5 Arqsterd&m (Milwaukee) 12 26 K 300.163 400.197 2 824 060 5 4 com — New 11 1 15 2.000.000 2K 34 New 25 K 49 (Glens Falls, NY). Republic 2.544.798 IK 1.484.447 11.539,889 N orth wester nN ationa) 897 459 2.400.000 1 New IK 22K 1 3.252.880 Glebe & Rutgers Fire. Globe & 9.784,360 19,678.872 2.326.675 400 350 7 K 8K Merchants 29 H 28K 145 3,529.077 141.796.596 383.858 *18.022.948 8,180,687 *219464,625 1.000.000 6.205.984 *103,115.640 2,148.977 1,224,424 201,290 100,222 Fire Assur (New York) (New Brnns 135 1,500.000 10 - 18.657.475 3.000,000 210,000 5 (Boston) Merchants (Baltimore) 8 10 1,000.000 1,000.000 (Phila) Maryland Casualty.. Mass Bonding & Ins New 25 92 K 7 900.000 el ,681.064 100 5 Cas'ty Manufacturers 614 21 64 36 K 43 1,000.000 UK (N Y) 330 7H 38 63 K 34 K 40 2.000.000 (NY) incoln Fire 594 48K 6 H 21.620.936 10 5 City, Mo) •as Knickerbocker 295 17 46 K 36 Ask Per share 3.000.000 *73.418,070 1,979.097 1.215.138 10 12.000.000 65.269.141 20 Kansas CH y Life (Kan i Bid Co of Nor Amer (Philadelphia) & Mirs of York... National Cas (Detroit) National Fire (Hartf). Nat'l Liberty (N Y) — Nat'l Union (Wash) Nat Union Fire (Pitts) 29 21 10 Fire Assoc of 11K 110 Life (Boston) (Hammond. 18K UH 532.498 *16.036.236 2,165.995 1,573.861 a3,456 17.274 Commonwealth LifeConn Gen Life (Hartf) Continental Amer Life (Wilmington, Del) Continental 8 7 x 6.192.656 9,618.591 2,079.984 2,330.902 673,500 * 5.143,342 3.576.034 2.170.527 4.615.817 14,650.936 2.459.378 2.339.491 770.000 *47,612.851 5.807,891 4,121.087 400,000 21K nsur lefferson Stand Life— ersey Ins Co of N Y. 24 20 8.617,287 il,057,804 73 K 69 K 20K 213.183 75.451 1,145.116 12.464.818 1.424,965 350.000 500.000 5 Louis) 985.989 390,363 123 50 H 48 H 29 H 28 K 119 4.932.801 1,000.000 1.086.606 3,343.740 11,354.498 2,000.000 4,925 023 1.000,000 1,282.815 Premtun Dec. Premium 2,920.034 350.000 preceding the date of issue. possible for the closing day of the month 1939 200.000 (Wash'ton) 100 Bankers & Sbipp ♦ 2 25 to 3.25 5.000,000 1.500.000 Gr 1 3ft to 1.50 10 Automobilelns Hartf) Baltlmor* Amer (Bit) 2K 10 Bankers Natl Life 2d to to 3.25 1.000.000 157,500 10 Home Fire(N Y) In ur (Newark) 2K 10 Reinsur (N Y). 10 Reserve (N Y). 10 States (Tnd'nap) 25 Surety (N Y)_. General to 4Ks 1941-1944 to 1.30 17,820.380 3.000,000 17,202.657 19.768.389 7.500.000 18,089.892 15.000,000 21 855 402 *582926.448 5,757.113 3.000.000 5.007.051 1.521.263 1.200.000 2.425.092 1.909.764 3.000,000 3.513.926 563.730 1,591.302 563.730 10 (Hartford) Fireman's ...J&J b 0.25 Green Bay— 4KB 1911-1947 A&O b 0.25 6s W W 1940 1960—.M&N b 0.50 Milwaukee— 1 Aetna Casualty Boeton Eau Claire— 2.30 1.25 Per Amer 1.80 to 1.00 2.25 Capital Par Amer 1.10 to 6 0.50 WISCONSIN 0.15 Surplus 31, Amer 2.50 ft 1.50 2'is Sept 1. 1946-1960. .M&S 2Kb Nov 11910-1962....M&N 2Kb May 1 1944-1962.. ".J&D 2s Road 1911-1963 1 Kb Road 1950-1951.....J&D IKs Road 1944-1964— .M&S 6 Dec. Amer 2Ks 1941-74 opt *45.J&J 1.40 —J&J Quotations are at near as Amer to / Flat price. b Baals. A me 2.10 6 0.40 ft 0.35 to to 2.20 2.50 to to 2 10 to 1.50 to 6 0.50 to 0.75 2.75 2.80 6 0.50 % .00 to 1 25 0.75 4KB 1941-1955 A&O 4Kb 1941-1957 A&O Munic Lt & Power Rev— 2". 55 1945-1954 3s Sept 1. General obligations— to. ft 0 70 1941-1951-J&D 6 1.00 4s 1941-1950 1 6'0.5b" Highway 1941-1946. —J&J 4Ks 2.20 to 2.25 to 2.25 4Ks 1941-1945 to 3.60 to 3.60 6 0.50 6 0.25 b 0.75 4 Ks to 1 75 0.75 1940-'58._M&N 1941-1954-J&J }Net General improvement— WEST VIRGINIA 4 Kb Emergency Funding opt '44 4Kb 1941-1959 opt..M&S Amer Fire 1.00 to Yakima— 5s 5 Ks L & P 1941-1943 -M&N 5s Light & Pow 1942-56A&0 4K Lt& Pr I 1.25 A&O L & P 1.00 1.50 % Seattle— 6s 1941 to Tacoma—Re ven ues— 5s Wat rev M&S 1941-1955--—J&J 4Kb Jan to 50 2 50 to 2 Walla Walla— King County— 4K» Bridge 4^s 40 to 2 t % 2 20 to To Ask — 5s 1941-1952 J&J Clarksburg 5s 1910-1953.A&O Huntington 5s 1944 Oct VTorgantO"n 5s 1941-1548 J&J Ohio Co (Board of Educat)— 2Ks 1942-1974 opt '46. J&J Wheeling— 5»» Wa» Wks 1941-1952 J&J to 2 65 | 2.25 optional 1946-— 2s 1941-1945 2&s Water ref 1940-1912 4a 1940-54 Charleston S D Spokane— 4Ks Park 1962 J&J b 2.80 4s & 4 Vis ref 1941-51.. J&J b 0.75 3 Kb Ref 1943-1954 ...J&J b 1 10 4Kb 1941-1954 M&S b 0 75 5Ks 1941-1953 J&J b 0.75 b 0.75 5s Imp Mar 1 1941-1942 2.50 Spokane Water Revenue— 4Ks-4Ks 1910 1941...A&O b 0 .50 Bid Bonds Net Ask Bid Bonds Net or To or To or Bid Bonds Yield Basis Yield Basis Yield Basis 9 21 I9K 45 K 47 K 64 67 22 23 H 6K 7 32 34 16 18 $ Policy reserves, also called Quotations are Bid oonds. Abraham Lincoln Hotel (Reading, Pa) 1st extd 4-5a 1945- ...A&0 Albany Metropolitan 5H-6s 1949. Aided (Motel) lst3-5s 1957-- FAA / Alexander Hotel (Md)4s *42 A&O 65 69 as near as Bonds. 32 60 00 £ 1st Income 5s 1958 —J&J / 100 Debenture 4s 1963 J&J / 88 Ambassador Hotel (Los Ang)Non-cum Inc. 3-5s 1950.-A&O / 36 H Arcade Bldg A Rlty (Seattle)— lst leasehold 3-6s 1948 J&J 35 Arcady-Wii8hire Co (Los Ang)— Non-cum inc 5s June I1Q49J&J Arrowhead Lake 7s 1944-47.J&D / Assoc Chain Store 92" — OhicHeraldA Exam ftH« 50 Circle Theatre extd 6s 1946.M&S Oleve Term Bldg 1st 6s 1941 J&J / Cleveland Theatre gen 5s 1944... Oolonade Construction¬ 1948(w-s)—A&O Apartuients 6s 1937 ist s 14-5 H s Colonial 51 1940—.— J&D Glldred Bldg Co (San Diego)— 1st s f 6s 1943 M&S 73 Governor Clinton Co 16 1st mtge 2-4s 1952 __M&S Granada Apt Bldg 6s 1938—M&S 101" - — • — Drake l«t 19 mm / 1952 Ext income 3s 1952 J&D Film Center Bldg 4* 1949 A&O 5th Ave & 28th St Bldg 6 Hi 1945. / 5tb Ave & 29th St Bldg 6s 1948 / 5th Ave & 55th St Bldg 4s '55 w-s 15 Park Row 4s w-s 1952 J&J / 50 B'way Bldg 3-6s 1946 -MA* / 51 East 42d St 3s 1956 An Mar / 51 Fifth Ave 4s 1943 A&O 52d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 500 Fifth Ave 6Hs— Stamped 4s 1949 ....J&D / 1500 Walnut Corp (Phila)— 1st 6s 1950 —A&o / — . - 25 H 26 May 1 1948. 28 37 —F&A 1951 .... 80 37 36 40 39 6 37 Hotel Syracuse lnc3-6s!955.M&S 76 22 Hotel Taft Corp 5s 1947 F&A Jagels & Bellls Realty 6s '48.M&3 / Keith Memorial Bldg 6s 1943 Kramon Devel Co 1st fee & leasehold 3H*4s 1952-— M&N Lake Sh 4th Club (Chlc> 6H» ** LaSalle Wacker Corp 5s fixed 1957 71H 20 62 22 39 25 — mtm 26 29 12 14 Non-cum inc 5s 1962 11 14 11 y* Units.. 20 14 H " 16 m mm 29 8 2 Nominal. Palace Hotel (San Fr) 5s '45.F&A / PniitagHH Mext 6s to 1947.M&N Paramount Bway Corp.— 1st M « f 3s loan ctfs 1955 F&A Park Crescent 6s iw-«) 1955 / Park Place Dodge Corp 5s 1952— / Pennsylvania Bldg 68 1939 M&N / 2d non-cum Inc 4s 1959.M&N / Plerreponc Hotel 3-4s 1951. .J&Ji Pitts l iotels ('orp 1st 5 Hs 48M&S J Mtge cum Inc 5s May 1962.-J Conv cum inc deb 5s.May 1967/ 83 49 26 4 39 14 33 19 27 5 H Income 5Hs ser A 1961.-M&N 5Hs 4th series... / Quincy Station P O (Chicago)— ... 83 15 58 32 1950—J&D 40 Realty Assoc Sec Corp— Income 5s Oct 1 1943 J&J Repub BidgiDenv) 3-5s'49.J&D Retail Properties— 57 89 Deb 5a series A 1959 M&S Income deb 6s ser B 1959. A&O / Rlttenhouse Plaza 2Hs Jan 1 1958 Robert Treat Hotel (Newark) — 2-6s July 1 1956An Mar / 99 30 7 54 "8" Kuss Bldg. '8ac Fran )6s'51 F&A St Charles Hot el (Atl Cy) 6Hs *45 69 3 18 19 62 85 / 4 St Louis Post Office— 25 57 1st cum inc 2-5 H % June 1957. San Fran Paramount Corp— 5s, 1943— ——.J&J Savoy-Plaza Corp— 76 20 3-6s (w-s) 1956 Ann Oct / Schulte Real Estate 6s 1935— With stock J&D/ 46 46 .... Without com stock 6s debenture 1951 ; J&D / On Sept / 37 Schuyler-Hudson 4s 1947 16 Sevilla-Bilt Hotel 7H« *37 ctfs... / Shelburn Inc (Atlantic City)— 41 ....FA A 60 25 common-. Poli-New England Theatre— 1st s f 5s 1958 .—M&N Gen income 5sNov 15 '83.J&D / Prudence Securities Corp— „ J&D 12 39 55" Roxy Theatre 1st 4s 1957—M&S Lenox Hotel inc 5s 1950 F&A Lewis Morris Apts 1st 4-5s 1951Llncoln Bldg Corp— 31 6 32 3 55 rr- Bldg— 1st fee 5s 1948 Lefcourt State Bldg— Extend 1st 4-6 H* 1948 mm 45 68 117-114 Union Turnpike (Kew Gardens, N Y) 5s 1953— -F&A/ 165 Broadway Bldg— Sees f ctfs 4Hs (w s) 1958..... General s f 2a 3s Aug 1958 F&A / Ore Paramount Corp 4s '57. M&S 96" 17 - 45 29H 2 ... ... Lefwurt M*nn»t 21 28 Lawrence Hotel (Erie, Pa.)— 6s Jan 1 1948 .M&S 68 H 19 1st extended inc 5* 27H 4H 34 32 53 103rd & West End Ave— Income 5s June 1 1942 J&D 110 So l'enn Ave (Atl City)— 6s 1944 J&D ,, 25 H Lexington units 4s '55.M&S Hotel Sherman, Inc— 1st 5s 1957 (w s) Apr.—, Hotel St George 4s 1950 A&O 28 f fis *61. .M&N 103 East 57th St Bldg 6s '41 M&N / Voting tr ctfs for 15 103 Hotel Drake Corp Inc 3-5s '53F&A Hotel Gibson Corp (Cine)— 3-4s Apr 1947 63 7 13 H 13H 28 59 1 65 6s with stock 1959. / Sherneth Corp 5Hs (w-s).—1956 ) 61H 62 H 60 Park Place Bldg 4s-5s 1947 26 90 H 5H» e* stock 1963 Lincoln Mtge Co (Newark)— Cum inc (w-s) 5s 1948...A&O 82 85 Sixty-one Broadway Building— 1st s f 3 H-5s (w s) 1950. .M&N 25 "9" Loews Midland Theatre & Office Bldg 6s. 1941.-M&N 25 1 49 <m 89 Income 5hs w s 1963 m,m 44 8 57 H 19 25 1st Income 4-6s Feb 1 1952 18 — — s 80 96" 100 H 102 H 4 75 H. 80 67 70 54 58 / 14H 5H 7 76 H 75 21 19 H 101H Strauss-Manhat conv 6s '33.J&D / 31 Taft Rlty (New Hav) 6s'40 A&O / 22 Income 3s w-s 1951Nov/ 18 10 East 40th Street Bldg 5s 1953. | 72 H Non-cum inc 6s 1958 J&D'/ 5 1088 Park A v Corp 2 H-5s'53 M&S 32 Textile Properties— 1st 4-58 < w «> 1958 M&N Textile Crafts Bldg 2d 3s 1944 Trinity Bldg 6Hs '94b J&D/ Trinity Court Bldg 4s 1941.M&S 2 Park Ave Bldg 4-5s 1946.J&D / 2d fee 3s 1946 -Aon Dec / 23 Lexington Ave 2H-4& '50.F&A; 29 4th Ave Corp 2Hs'63 (w s).— / Bldg 3s 1942.. J/ Bway. Bldg 594* —.1943 / 29th St Towers 35 2124-34 . f dob Gs 1948—.J&D 15 106 109 ist mtge 2-5® 1955———.J&D / Y Majestic Corp 4s (w-s) 1956 15H 17 New 26 19 20 59 62 12 8 14 16 ^ York Title & 5Hs 5Hs 5H" 5Hs 5H9 5H» 28H % series series series series 41 Tyler Bldg 6s (w-s) July 1 1953.. / U S Realty & Impt 6s 1944—J&J 75 1st 20 Wallbrldge Operating Co (Buff)— Income 3-4s 1950-—Ann Feb Waldorf Astoria (Hotel)— Non-cum inc os 1954.....M&S / ft Last sale. 34 H 32 54 44 .. income 5 Hs 56" 19H 46 20 H 30 35 78 80 lympic Inc (The) Seattle— 1st 6s 1943 M&N 23 7 Wadsworth BldgiNY) 6s '53 A&O a 101 A&O 45 cum F&A / 49 Wabasb-Monroe Bldg 6s 1953 ....... 1945. (w-s) / (Bost) orth Station Indus Bldg 1st m s f 5s 1962... 7 1st 6s 1935 48 H 62 / 5 18 Co— 46 X 32 H F&A _ 32 31 gen 64 H 5 Mtge— B-I B-K__ C2 CW-1 series FI series Q 70 39 10 22 20 33 4 45 5Hsl937... 24 33 21 26 1st & coll s f 6s 1938.....A&O/ Van Sweringen Corp 6s '35.M&N / Varick St Sta P G (N Y) 6s 1941 / 4 Y Postal Service Station— 22 23 2480 Bway Bldg 2d mtge 3« 1044. 75 50 45 Stone & Webster Bldg (Boston)— 5s 1947 M&S Van Sweri 48 ... 6H 8 ta raped &T at Conv 58 H 39 2H 77 1st fee & I'hold 4-5s 1949.A&0 eisner Brcx, Realty, Inc— 21 / 24 H 96 94 H 2 . Adj mtge Inc Apr 16 4H« 1950 ational Tower Bldg— M. 'f 1H Bldgs 6H»'47 F&A loutreal luaur Excti. Bldge 1st mtge 2-5Hs 1950 26 16 98 92 H 5Hs 1942 .MAN Steuben Bldg (Chic) 6s 1943 M&S 63 Hotel of Cuba 6s 1959.(w-s) / Nat Press Bidg3-5s 1950 ...J&J 24 39 M&N 21 ~ _ 1945 Stevens Hotel (Chicago)— Income 5s W-S 1956 1 SecsfSHs 1916—-I J&J Merchants Nat Prop4-6s '58. J&D Playhouses— Dsbentu-* ratar® 5s 1945.-F&A Montreal Apts Ltd 4i 954— J&J .... "2H Income 6s 30 ... 52 H 37 Stanley-Mark Strand 6Hs 1941 StanJei RhhI Est 5H* *45 J&D H State-Randolph Bldg (Chicago)— Mayflower Hotel 1> (1) 6s 1950-. Mecca Temple 5s 1942 ~3" 19 H 57 H 30 65 26 Marshall- Wells 6 1 28 3 48" 32 16H 20" Mtge cum Inc 3-6 H» 1957M&N Manhattan Towers 6s 1948.M&S Marcy (The* 6s 1940 F&A Mark Hopkins Inc— 102 H 50 23 2 19 Lord Nelson Hotel s f 4s '47.M&N lairds Court Bldg 5H« 1942.J&D Macrld Realty 3s— Madison Inc (N Y O)— 19 3 7H Income 3-3 Hs stpd 1955.M&N / Speed Building (Louisville, Ky). Lombardy (The) 6s 1942-..M&N London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 6H® *45 4• 1 f Inc 3 H-68 1st 6s mm ' 20H Ferry Station P O (San Fran)— n s 76 33 ... Exchange Building (Seattle)— 1st sf3-5s July1 1955—F&A /Flat price. ;M&N 74 22 Hollywood Knickerbocker (L A) ■ mm 1961. 39 H Hotel 46 Edgewater Beach Apts— Llq Tr Inc 6s w-s '50 Ann Oct Edgewater Beach Hotel (Chicago) Cum Inc deb ext 5 Hs '41..M&S / 11 Park Place Corp 4s 1948 M&N 11 West 42d St (N YC)— 4Hs-5s (stamped) '53 M&N 80 Broad St inc 4« Nov I 1956... 80 John St extd 4-5s 1950... A&O / 870 7th Ave 4Hs Jan 1 1957— Eppiey Hotels 1st sf3-5s 1951 J&J Equitable office Bldg 5s 1952 18 UX 23 1st fee & 1'hoid 6s 1938-41 J&D 1st fee & Phold 6s 1942 J&D Herald Square Building— 13 . Eastern Ambassador Hotel units. inc (N Y C) Hartford Times deb 4 Hs *51 M&N Hearst-Brisbane Properties— •» 5 4 17 r Bids 6* Harrtmar) - s Park Lexington Co Inc— 1st M leasehold s f 3-4s 1964. J&J 91 Bldg (Plttsb)— 2H-5s 1957 (with stock)..J&D Graybar Bldg East Offices Ins¬ ist m leaseh 1°4S .JAl Greeley Sq Bldg 6s 1951.....Feb/ 67 Detroit Lefand Hotel 5s Oct 1 '52 Domin Square Corp 4s '59 J&J Dorset Hotel 1st partic 2s 1957— . Grant 42 (Chicago) 1st leasehold Inc 3-5s. 1955. M&S 18H Congress Square Hotel (Port Mm 101 5Hs 1946 MAN 70 Copley Square Trust 4Hs *41 M&S Court & Remson Bldg Corp 22 (Bklyn) 1st s f 3M-5s 1940—Cromwell (Oliver) 6s 1939-M&N / 1H De Paul Hospital 1st & ref 99 3-3H-3H-4S 1940-1947--Q-Feb Deb 5s legended 29 H One Park Ave 2d Orpheum Th & Rlty 6s *46.-M&S to Columbus-Venetlan-Stevens Bldg 1959 20 14 Ben) Franklin 6s ctfs 1933 f Berkeley-Carteret 5Hs '46.M&N / Blng & Blng deb 6Ks 1950 »&8 / Income 7s 1950 w-s.. ..M&8 / Book Tower (Det) 2-5s '52-(w-s) Boston Insurance Exch Bldg— 1st Lse cum inc (w s) 5s Apr. *53 Boston Metrop Building ext 3-5s 1950 J&J Boston Parcel Post 3s Oct 1945.. / Boston Postal Serv 5 He *38.J&J / Broadway-Barclay Inc— 1st, 2s 1956 An June / Bway Mot Bldg 4-6s 194S..F&A Bway-Spring Arcade Bldg— Non-cum 4-5s April 1 67.J&D Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3 H-5s 1944 Bklyn Fox Corp inc 3s Oct 1 1957 / Bryant Pk Bldg (NY) 6Hs'45JAJ 2-4 Hs extended to 1955 J&J Bush Term Bldg—See Industrials Butler-Hall 4 H-5e 1947. Q Mar 25 Cent Manhattan Props 5s* 46M&S f Central Zone Prop 6s w-s'53 F&A Chain Store Depot 6s 1940.-M&S Ohanin Building— 1st Leasehold inc 4s 1945.M&S 2d Leiuebold inc 2s 1945.M&S 3d Leaaehold inc Is 1945.M&S Ohesebrough Bldg 6s 1948- -A&O w-s 35 17H 8 " 6s 95 27 2H 18 46 30 15 19H 6 31 1949 6 65 43 5 6s 1944 J&J Oarrett Buildings (Chicago)— 35 Bauiuan (Lud wig)— 1st 5s (Brooklyn) 1947---F&A 1st 5-6s (Long Isld) 1951-A&O Beacon Hotel Inc 2-4s Apr 1958.. / Beilevue-Htratford (Phila)— 5Ws 1935.J&D / 17" 14 H 33 H 30 38 J&J 1st 2 H-4s (w-s) 25 89 H 99 95 1?H 1st leasehold 6 Hs to 1941. M&S Fuller Bldg (OAF Realty Corp) 38 69 1st s f 5s 1950 (with stk) .F&A Bait Parcel Post 5 He 1949 . . Barker Bros Bldg (LA) 6s'47 J&D 103 15 25 B-way Bldg 4-5s 1948.J&J 1400 12 Bid Bonds Ask 100 H 1410 B'way Bide 3H« 1941 A&o Fourth & Market Rlty 6s '42-J&J Fox Dei Theatre 6s 1942 A&O Fox New Academy of Music 47 Adj non-cum Inc 6s 1957.M&S Assoc Realty Bldg (Los Angeles) Income 5s 1948 (w-s) J&J Baker Hotel 'Dallas)— (Pht.a) 11 9H Realty— 1st mtge coll 5 He 1957—-J&J Cum Income 6s 1957 A&O . Bid 1528 Walnut Corp 6s (w-s) 1951. Forest Lawn 1st M 5s '64—.F&A 40 Exch Place 5Hs 1956..—M&S 40 Wall St Bldg 1st 6s 1958.M&N 42 Broadway Bldg 6s 1939... J&J 48 St Real'n Corp 1-48—Mar 1952 Allen ou N N Corp — Cum income 2-6s July 1 1955.. Allied Owners Corp— possible for the closing: day of the month preceding the date of issue Ask 71"" 101 ESTATE BONDS HEAL J&J 24 2H 8 100 11 4H Wall & Beaver 8t Oo»m— 1st 4Hs Nov 1 1951......J&J Warner Bros Hollywood Thea— 1st 6 Hs 1941 —M&N Washington Properties inc 7s 1952 Westchester Bond & Mtge 5Hs.. / Westlmrhouse Bldg 4s 1948. A AO Woodbridge Bldg 5Hs '41—A&O / 7s 1940 A&O / 18 88 52H 50 17 Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) a3 near as and are denotes sales. , all other insti¬ required. For Figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are the Clearing House banks of New York, deposits are taken from the latest weekly statement. National Banks State Institutions June 29 CALIFORNIA Capital Ask Bid Par Deposits Tnstitutions State June 29 Oross Surplus & Profits Oross Surplus & Profits Capital National Banks June 29 ALABAMA June 29 Nom inal. Nomi nal. 500 000 11,232,893 al .688.000 Preferred 125.000 Industrial Sav Bank- d First National Bk— 4.600,000 Common Preferred — J2,281.083 Citizens Bk of Sacra. I5*0 27 26 50.000 245,250 145,000 Merchants Nat Bank 100 / 25 71,091,051 Sumitomo Bk of Cal. 27 San Bernardino— American Nat Bank. 125 1,194,217 81,700 e 3.700.000 34,282,321 25^ uan Diego Tr & S San Tr Co First Nat Bank Merchants Nat Bk__ 289.892 MontgomeryBank. Alabama Nat First Nat Bank Union Bk & Tr Co.. 3,648,441 28.597,812 26,047,137 20 1,765,567 60 59 N 100 0 100 re cent 100 sa les 100 100 175,000 140,994 4,328,047 50 936,435 26,018.355 010 18 x 777,671 13,869,464 / 25 35 277,902 70,076 9.465,906 3.679.249 100 "95" 105 100 125 150 B 250,000 4*5.000 600,000 270.000 Preferred 25 share 100 dl.750,000 _ Common 25 1,815,507 375,000 1.000,000 1,000.000 1,937,469 35,137,466 1,921,991 6,299.161 1.403,049 203,248 1,848,621 185,717 132,794 49,061 Diego— First Nat T & S Bk. Mobile—— Amej Nat Bk & Per $ 956.250 Sacramento— share. 50 2,061,000 113,000 $ 125,000 Capital Nat Bank — Common Bank of Alex Brown. Per $ 100.000 Birmingham— Bank for Sa vs. & Trts. d Birm'ham Tr & Sav Ask Bid Par Deposits Security Tr & Sav Bk United States Nat Bk , 25 San Francisco— 317,791 856.195 300.000 1,000.000 100,000 92,629 10 4,916,370 18,666,577 3,082,624 10 7H 15M 15H 16 Anglo California National Bank... dl7,920,000 Bank of Calif, N A.. 6.800.000 16 22 20 Bank of Amer Nat 8,529,144 193,830,082 7,975.347 135,314,398 Selma National Bank Selma Tr & Sav Bank d National Banks Bank of Canton 100 100 American Tr Co— Nomi nal. Per Biabee— 250.000 550.000 247.500 Miners & Merch Bk. 883,659 215,724 3,660.375 196,997 share. Phoenix Sav Bk & Tr 1,196,600 Jl,479,976 250.000 530,367 41,212.836 First cent {in 10,308,609 100 255 240 Preferred 134.000 151,504 1,690.922 12H 566.000 I 220,391 9,348,792 f 100 Bk- National Common les i ... iioo 434.000 ...... Stockton— 100 First National Bank. Union Safe N o 100 re cent 100 sa Dep Bk. les 200,000 1,000.000 375.000 550,491 836,960 166,520 5,076,684 11,972,024 2,782.279 100 50,000 Stockton S & L Bank National Banks June 29 11,152,036 890,152 33 H 50 H 30^ 47 M 20 Santa Ana— Commercial Nat Bk. Tucson— Sou Arizona Bk & Tr 303.755,263 |9,481,574 600.000 * First National Bank. 17.921,626 t 20 4.561.573 t 25 o 600.000 Pre I erred 7,500.000 7.500,000 ... . San Jose— VaUey Nat Bank— Common Common Preferred 100 Phoenix— First Nat Bk of Ariz. ,2& Bank of America 102 98 State Institutions June 29 ARIZONA June 29 100 25 2,690,656 1,817,796 1,629,740 1,530,550 232,135 76,828 218,768 118,627 400.000 120.000 200.000 342.500 110 107 80 39 H 37 M 62,000,000 79.805,779 1496022002 18,854,965 1.500,000 /2,217,422 100 3,405,564 138,877 500.000 100 "212" 216" Bank of Montreal 5,289,094 295,772 1.000.000 171 174 100 Canadian Bk of Com 17,720,922 500,123 1.300,000 320 278 Crocker First Nat Bk 100 8,270.863 159,876,459 6,000.000 The San Fran Bank. 9,224,040 170,475,895 1000 10.000 6,000,000 77 H Pacific Nat Bank 100 362,755 9,572,680 dl.000.000 Wells Faigo Bank & 273 M 285 Union Trust Co 100 9.000.000 8.808,379 290.545,252 Yokohama Specie Bk 411,509 8,096,004 p 1.360.000 & Savs Assoc Selma— City National BankPeople's Bk & Tr Co. d 8 7 H 20 Tr 148,164 1,794,747 20 State Institutions ARKANSAS June 29 Nom inal. Per Fort Smith— 275.000 500,000 500,000 First National Bank. Merchants Nat Bank 112,224 657.266 599,930 2,386,002 8,480,954 10,250,473 665,047 152.057 45,647 11,533,482 4,605,487 1,287,881 20 15,075,109 share. 100 300,000 200,000 100,000 City National Bank. 120 100 25 Little Rock— Nom inal. Commercial Nat'l Bk Peoples Nat'l Bank.. Twin City Bank No Colorado 25 re cent 25 sa les Colorado Spgs Nat B Common Union Nat Bank— Common 185.500 Preferred W B Worthen Co 663,000 } 494.829 19,248,888 100.000 \ 65,000 140,667 2,735,016 flOO Exchange Nat Bank: 300.000 First National Bank. 300.000 369,379 410,251 6,127,817 9,647,587 100 500.000 350.000 759,585 75,220 9,335,090 5,458,088 100 Preferred class A._ 120 60 share. Per Spgs.— Colorado 8av Hank. 1100 100 Denver— Pine Bluff- American Nat Bk 100.000 400,000 Nat Bk of Commerce Simmons Nat Bank. 113,306 1,028,126 2.451,625 12,739,291 100 100 Gdntral Sav Bk & Tr d 400 Common 1.000.000 11,882,122 Preferred CALIFORNIA June 29 June 29 Per Long Beach— Farm & Merch Bank Western Tr & Sav Bk d 1.000.000 223,000 852.770 241,363 18,806,821 3.376.114 N 100 50 Los Angeles— share. 0 7 S National Bank.. foternational Tr Co. 800,000 J3,892.145 121,202,885 5,000,000 3,000.000 725 21H 21 24,000.000 132530463 599,443,448 8,000,000 Union Bank & Trust. 2,500.000 2,945,791 40,327,588 Preferred 20 309,479 4,122,214 46,635,244 12,713,083 300.000 682,729 6,024,481 1 1 «o> • 100 550,000 11,172,273 450,000 t Common.... J 94,281 d 0 150,000 300,000 72,347 50 26, 307,441 J 25 \25 2,700.996 4,028,064 20 100 Calif. par 1940. Common and preferred stock outstanding. c Savings deposits e 25 14,905,333 1100 of San Francisco. May 19 q Preferred 100 4,965,145 fioo a Outstanding preferred stock consists of SI .014,000 1st pref. of $20 value and retirable at $50 a share, and $700,000 of 2nd pref. stock. Pasadena— Citizens Coml Tr & I First Tr & Sav Bk— Pasadena-First N B1 Union Nat Bank 194,000 t Controlled by the Transamerica Corp 463^ 45 % 100 95.139 100 les Sale price. b March 2,785,323 100.000 Preferred • ~92~~ 100 21,554,245 2,206,724 cent 23 H 23 Oakland— 336.850 2,000,000 300.000 30.000 * Common 100 J 25 20,130,831 o Pueblo Sav & Tr Co 140 5,326,407 124,706,307 5,579,775 142,582,990 Common Farmers & Mer Sav. 500.00O Mlnnequa Bank 5,000,000 Preferred Bank of Commerce.. Central Bank 500.00" N re sa Pueblo— Citizens Nat Trust & Savings Bank Farmers & Mer Nat Secur-Fir8t Nat Bk— 550.00O f7rst National Bank. les CaUfornia Bank— Common 100.000 . re cent sa 100.000 1.933,028 100 50 35,117,599 100 63,758,190 1,555,713 983,756 "100 100 27,682,953 1,716,417 165,689 1.260,000 1.500.000 National City Bank. d Union National Bk d Nomi nal. 1100 141,116 2,068,295 4,079,357 46,913 57,957 2,446,034 2,379,559 50 OOO Denver Nat Bank... First National Bank. State Institutions 39,665,787 /100 300.000 Colorado State Bank National Banks 50 Colorado Nat Bank Revision San Diego First National Co.. controls 1938. d /June 30. 1939. 97% of the stock of Calif the First National Trust Ar Savinas Rank of San Diego, i Dec. 30, 1939. 125 1 ft Oct. I Last n sale price. 2.'1939. New stock. V — 0 The Security National Bank of Pasadena, Calif., changed its Sept. 3, 1940, to the Union National Bank of Pasadena. p Par value 100 yen. title on National Banks CONNECTICUT June 29 COMPANIES State Institutions National Banks June 29 June 29 Gross Surplus & Profits Capital TRUST AND BANKS Oct., 1940] State FLORIDA Institutions June 29 Gross Surplus A Profits Capital Ask Bid Par Deposits 103 Par Bid Nomi nal. Nomi nal. Bridgeport- Per First Nat Bk & Tr Go $ 500,000 1,440,000 120,000 2,200.000 Common Preferred Black Rock Bk & Tr. Bridgep't City Tr Co North End Bk A Tr Common 1st preferred 396,410 2,190,264 28,346,586 1,436,537 6 k 7% 31 45 165.000 96,000 25 30 Common Preferred Hartford- Capitol Nat Bk A Tr | 266,474 Conn River Bkg Co. First National Bank. 300,000 150,000 1,150.000 Glastonbury Bk & Tr 100,000 Hartford Nat Bk & T Industrial Bank Phoenix St Bk A Tr. 4.000.000 100,000 1.600.000 240,937 1,257,917 1,047,518 174,640 4,504.198 203,772 2,197,403 East Hartford Tr Co 100,000 166,986 Hartford-Conn Tr Co 4,000.000 100,000 4,384,679 226,025 250.000 175,440 110,687 Park Street Tr Co... Riverside Trust Co _. Slmsbury Bk A Tr Co 125.000 Bo End Bk & Tr Co— Common Preferred 50,000 I Trust Co 944,581 278,569 138,236 i Merlden— Borne National Bank 25 1.187,193 500 100 120 50 70 30 28 10 25 69 74" St. 135 160 35 40 100 100 413,619 6,310,194 20 323,165 6,080,347 100 1,181,022 13,512,820 100 488,701 151,606 5,896,042 3,933,745 100 160 100 75.000 41,061 60,666 1,639,318 2,500,676 100 200,000 200,000 397,989 9,063,001 25 100,000 1.250,000 45,036 609,503 1,184,981 204,121 1,105,344 19,225,341 20,813,244 2,046,546 100 100 100 100 125 100 150 175 100 70 75 76,761 2,181,598 100 200.000 321,473 8.129,711 100 100 100 Tampa— Broadway Nat Bank 25 43 J 25 23 First National Bank. al.000.000 First Sav ATr no. 500.000 West Palm Beach Fla Bank A Trust Co. &100 1100 11,496,999 100 1/100 175 4,257,333 100 54 1,803,507 25 20 Petersburg— Exchange Nat Bank. 125 West Palm Beach At¬ lantic Nat Bank 20 21 25 25 12 15 100 125 140 i 147.000 58,773 1.478,572 25 8 12 a 205,000 248,483 2,867,264 100 100 105 112.750 a 882 .000 45,915 1,203 ,500 il, 157,157 800,.000 750,.000 1,110,347 965,087 New Haven Bk NBA Second Nat Bank.. Trademen's Nat Bk Common 170, 000 170, 000 1.458, 700 Preferred Dn A N Haven Tr Co New LondonNat Bk of Commerce New London City National Banks Nomi nal. b45 45 50 "59" 69 72 3,380,361 noo 69 105' 553,399 4,834,006 100 93,300 188,269 41,587 342 ,832 100 2,563,248 1,908,325 943.577 50 re cent 100 sa les 422,505 188,714 3,462,037 1,796,813 N Bank 300 ,000 212 ,500 a NorwichThames Bk & Tr Unoae-Mercb Nat Bk Stamford— First-Stamford Nat'l 1.000.000 Augusta— Georgia RR Bk A Tr 109 19,796,585 n litis A So Nat Bank. Nat Exchange Bank. Columbus— Wlumbus Bk A Tr.. o 25 e 9 200.000 i.000,000 Fidelity TltleATr Co 200.000 700.000 1,345,456 716,516 1,196.093 12.319,999 5,801,672 9,760,594 600.000 940,971 12,261.252 261,000 5,909,749 2,240,136 204,647 8,696,506 3,864,107 100 145 155 100 165 175 100 145 155 100 160 170 25 28 Savannah— OitlzA So Nat Bank. Liberty Nat Bk A Tr 3avann ah Bk A Tr Wateroury— Citls A Mfrs' Nat Bk Water bury Nat Bk— Common 300,000 184,000 500,000 300,000 ........ . . Water bury Trust Co [ 110,000 500,000 e r5,000.000 500,000 645.000 200.000 122,000 Debentures 100 152 14 15 100 7,317,913 2,361,123 2,353,809 1,359,754 3,462,296 148 tio 161 100 100 110 100 80 90 100 100 135 35 145 40 100 210 230 14 15 100 1 10 14 15 100 80 85 100 62 2,117,649 100 30 106,412 50 32 25 "80" 50 100 90 60 National Banks June 29 National Banks June 29 29% 3,584,168 103,500,797 276.995 5.170,378 288,261 5,637,147 a Citizens Bk A Tr Oo Common 15 28% 3,584,168 103,500,797 t 10 88.624 1,535,500 100 10 294,556 7.465,477 75.000 rft.000.00it First Nat Bk & Tr Co Stamford Trust Co. 826.049 140,862 237,227 32,989 379,810 210.000 Otiy Bank A Tr Co.. Bank & Trust Co. share. 14 39,944,356 /100 240 260 1100 100 "80" "85" 4,500,000 100 760 780 38,997,823 672,182 10,327,222 3,584,168 103,500,797 299,434 3,698,244 850.00(1 <>on.no<; Macon— Oltis A 3o Nat Bank. 120 3,418,506 250,000 fourth Nat Bank dome Savings Bank. 19 110 277,691 r5.0on noo First Nat BkofOol.. 100 100 |1,641,679 750.000 March A Mech Bank 350, ooc 200, 000 100 125,616 917,215 3,548,168 103,500,797 t 10 10 6,558,218 127,288,033 Preferred 475.000 Ga Sav Bk A Tr Co.. a 980.000 Trust Co of Georgia. s2.000.000 iioo 1,236,434 Per Common 62 50 Institutions June 29 Atlanta— American Sav Bank. 200.000 Oltiz A So Nat Bank. r5.000.000 First National Bank 5.400.000 Fulton Nat Bank— 42 39 J 50 30.335,126 1 10,708,038 13,970.393 State GEORGIA June 29 25 1,252,517 103.701 I SOO.lMM Union Bk & Tr Co.. — 100 13 None Preferred Colonial Trust Co 20,180,366 45 6,375,774 1,721,426 Common . 125 875,855 None 400,000 200.000 Florida Nat Bank Community Bank & Preferrorf 110 25 108.869 Puritan Bk & Tr Co. New Haven— Amer Bank & Tr Oo. WInthrop Trust Co.. 44 100 25 383,783 76,451 i National 25 3,128,694 100,000 295" 500.000 150.000 100.000 Merlden Nat Bank.. Merlden Tr & S D Co Trust Co First Nat Bk & Tr Co 13,795,189 200.000 Exchange Bk St Aug St Augustine Nat Bk 60 275 18 25 25 97,410 437.210 125,670 132.000 I 68.000 Pensacola— American Nat Bank. Oft A People's Nat Bk 8t. Augustine- 100 240,203 46,309,512 2.186,164 59,567,503 .3,974.570 3,666,735 2,141,351 share. 160 130 100.000 ... 25 30 3,999,233 7,762,293 17,611,532 1,787,238 88,264,410 69.081 50,000 500,000 200.000 100.000 Travelers Bk & Tr Co West Hartford Tr Co 25 \100 130 100 300.000 Florida Rank Palm Beach First National Bank. 100 2,159,623 J 100 100,000 Preferred Common.. 3.693,470 37,257,023 Orlando— First National Bank 100 2,052,406 45,926 26.000 Per 164,609 989.069 40ft 00ft f Bank 40 25 25.000 122,500 $ 200,000 1,200.000 100,000 Florida Nat Bk & Tr Little River Bk & Tr Miami Beach First 45 29 25 42 National 2nd preferred West Side Bank- Windsor 6 26,122,007 160,337 , Miami— Amer Bk & Tr Co First National BankFirst Trust Co share. DELAWARE State Stale Institutions IDAHO March 26 Nomi nal. Institutions Boise Citv— June 29 Per share Idalst NatBk ofBoIse Common Wilmington— Central Nat Bank... 210.000 314,149 Farmers' Bank 500.000 4,625.716 1,168,668 734,083 915,239 2,813,076 1.059.978 12,306,183 Industrial Trust Oo. 625.000 Union Nat Bank 203,175 1,000,000 Delaware Trust Co.. 1.500.000 Equitable Trust Oo. Security Trust Oo Wilmington Tr Co.. 672,600 4.000.000 2,287,267 20,303,659 3,989,686 5.069,080 14,381,524 19,740,070 10.217.776 92,651,405 100 Preferred. 110 50 300 25 750,000 550.000 First Security Bank. al,050,000 Boise Trust Co 125,000 Nomi nal. Per share [1,107,863 26,961,359 100 N re cent 1,286,866 n 56,820 28,330,866 78.273 100 sa les o 100 49 25 63 100 165 25 National Banks 65 60 133 212 50 State ILLINOIS June 29 Institutions June 29 Nomi nal. Aurora— Per aurora Nat Bank.. 160.000 Merchants Nat Bank 300,000 375,700 ">ld Second Nat Bank National Banks June 29 DIST.OF COLUMBIA otherj'u^,Ums 47,537 1,398,630 2,889,838 6,977,918 2,660,972 100 Anacostia Bank.. a 145,000 86,347 83,418 4,084,367 1,651,589 69,160,944 167,134 6,016,391 251,002 7,564,752 118,875 3,060,185 261,647 11,039,449 3.559,906 159,365,408 50.213,035 1,421459289 533,125 t 419,898 85,153 3,867,283 Belleville Savs Bank. 100 000 f 300 000 First National Bank. 347 000 220,874 262,448 100 160 9t. Clair Nat Bank.. 150 ,000 172,297 City Bank a 475.000 546,531 636,858 326.708 10 25 Columbia Nat Bank 100 190 100 300 1,162,880 487,347 965,597 235,898 840,324 2,166 ,593 11.175 .335 5.565 ,111 4.230 ,825 29.953 ,314 8,612 ,401 11,512 ,388 6,187 ,131 11,566 ,066 50 54 217,456 2,694 ,136 100 100 155 1,917,763 28,313 ,263 250.000 Bank of Comm & Sav 100,000 1,000.000 Hamilton Nat Bank. Liberty Nat Bank.. 500,000 Lincoln Nat Bank... McLachlen Bkg Corp 400,000 a Wash- 340,000 1,050,000 200,000 800,000 Nat Capital Bank... Nat Metropol Bank. 20 28% 100 168 100 a 400 000 Am Nat Bk A Tr Co. a 1,600 000 State 31% Avenue St Bk Oak Pk i380 ,000 Beverly State S»v Bk Central Nat Bank— 180 100, 000 Amer Secur & Tr Co. 3,400,000 265 285 \100 101 60 100 167 Cont Nat Bk & T Co 278 260 Income debentures Munsey Trust Co Union Trust Co Wash Loan & Tr Co. P ,209,166 Ml M > 1,500, 000 a 250, 000 104, 000 Common 76% L_ Preferred .. 100 229 200 220 a Crovers Nat Bank 238 19,903,812 noo 96 000 440, 000 Drexel State Bank.. 183 1.000, 000 30,000 000 6,445,569 13,012,840 24,751,431 100 65 100 State 225 200, 000 200. 000 ♦ 75 J 85,465 Sale 50.000 Spr'field Atlantic Bk 1,608,895 1,813,877 1,507,641 39,475 56,867,972 31,033,132 45,595,337 1,130,366 10 9% 10% 100 205 210 25 26 28 1,930.655 125 150 100 25 30 100 185 195 40 19 22 40 30 35 100 110 125 10 18 21 10M 97 102 33 % 78% 81% 100 100 175"" 266" 30 June 30. 40 18 22 23" "28" 100 125 140 100 212 100 210 180 220 230 100 190 1939. f March 26, : g Group In Florida. Affiliate of the First National Bank of Atlanta, Ga. 1940. Member <ii the F'orlda National Group. h Affiliated with the Barnett National k New stock. I Last sale. Bank of Jacksonville, Florida. n Dec. 30, 1939. Combined statement. t Trust funds. 199,911 275 100 Include* preferred stock or debentures outstanding. 100 Lakeland- 100.000 260 Retirement price. r Florida Nat Bank... 0 30 100 price, d Member of the Atlantic Nomi nal. Per share. Ql .500.000 100 100 I 202,379 8,467,408 1,111,199 32,276,517 40,075,902 1,140723524 781,442 5,312,319 271,648 8,348,456 c Institutions June 29 Jacksonville- Florida Nat Bank. les t Branch of Savannah. e Atlantic Nat Bank.. 43,000,000 Barnett N B of Jack. 1.500.000 sa 20 b FLORIDA 100 4.045,523 f a National Banks June 29 cent 85 50 First Nat Englewood 1 allied Fxch NTat RU 1,302,295 1,916,411 2,539,746 o re District Nat Bank— First National Bank 1,000.000 250,000 2,000,000 1,000,000 1,000,000 HMO ^ont 111 N B A Tr Oo 50.000 000 Nat Sav & Tr Co— Common 300, 000 4 Hty Nat Bk A Tr Co 120 100 9,344,102 9,019,228 56,933,222 200 Onn Austln State Bank 200 15,886,733 117,504,451 /100 509,687 436,188 5,477,761 a Bank— Aetna 205 Oosmopolit'n Nat Bk 3.000,000 Preferred... 1.000,000 a Second Nat Bank. 500,000 Secur Sav & Com Bk a 510,000 N 100 Chicago- Riggs National Bank Common.. share. 100 Belleville— Belleville Nat Bauk. Bank of 4.410,740 5,867,366 3,669,560 Nomi nal. Per share. Washington— Nat a 215,719 353,882 45,588 25 y Stock all owned by Travelers Insurance Co x Ex-dividend. . National Banks Surplus State Institutions June 29 IOWA June 29 June 29 QroSS <fc Cross Surplus & Profits Ask Bid Par Deposits Profits Capital National Ranks institutions State ILLINOIS June 29 TRTTST COMPANIES AND RANKS 104 Capital Bid Par Deposits Nomi nil. s $ Chicago (Condi.) 399,612 12,741,320 flO 485,264 1,627,793 3,663.574 27,670,391 100 20 218.782 315,805 5,905,459 6,871,868 24,183,558 18,861,622 7,834.409 3.556.312 12,009,740 7,342,582 100 165 10ft 125 100 235 175 133 250 100 115 122 100 125 130 100 ion 88 112 120 State Savings Bank. 80.000 1 20,000 100,000 20 25 29 12,781,347 3.938,560 19,355,793 ion 600,000 ll 15 120 18 davenport— Da ^enport Bk Ac Tr. 100 200 215 9,754,791 43,136.985 100 150 160 275.000 I 325.000 Liberty Nat'l Bank 300.ooo . 1,000.000 Lire Stock Nat Bank 200.000 200.000 500 000 600,000 200.000 Bank Bank... Merctaandl«"Nat'IRk Main State Mercantile Nat I Bk. Mercbants Nat Bk.. MetropState Bank 1,331.965 617,876 345.867 83.213 195,210 215.891 453.827 142,518 968.306 322,011 200.000 400.000 . Mid-City Nat Bank Milwauket Av N't Bk . 200.000 Mutual Nat Rlrnfrh Nat Bk of Hyde Park 4HO rw. Bk. 500.00" National Security Bk 300 oon Nat'l Boulevard 200,000 1.000.000 Nat Stkyds Nat Bk < 200,00" North Shore Nat Bk 500.000 Oak Park Tr&Sav Bk Personal Ln & Sav Bk 2,000.000 1,681,646 750.ooo Pioneer Tr Ar Sav Bk i Sears-Com State Bk Skala Nat'l Bank. South F.ast Nat Bank 200 000 South Shore Nat Bk. 200.000 400.000 200.000 State Bk of Clearing. 150,000 Terminal Nat Bank. Unlv St Bkof Ohlc.. 200 000 296.000 300.000 i Upper Are Nat'l Bk. Uptown Natl Bank _ 300.000 Western St; te Bank. 200 000 Amalg Tr Ac Sav Bk. Napol Banco di 400.0OO i 300.000 Tr. gno poo Ohic City Bk & Tr Drovers Tr A Sav Bk . Lake snore Tr & 8 Bk Lakeview Tr Ac 8 Bk Northern Trust Oo. 85 11 14 225 58 235 117,324 598,126 10,471,261 6,982.401 1.677.226 950.658 23,081,577 497,255 11,282,320 3,443.082 86,380 9,213,237 305.879 85.789 2,742,041 3,303,363 90,774 7,842.354 294,940 7,195,822 405.306 7,974,121 516.439 10,645.127 393.421 3,862,089 225.210 9,389.145 515.156 5,560,814 431,633 1,105.212, 27.126.778 100 142 150 100 160 25 34 170 37 "147"' 155" ion 100 100 100 70 35 75 100 188 198 1,705.277 180,239 Capital notes Seutb Side TrAc Sav B Quincy— B'dway Bk of Quincy Ql State Bk of Quincy 21,372,325 (25 2,855,955 100 Bankers Trust Oo— Common ...... Preferred Cap City State Bank Oent Nat Bk Ac Tr Co 550.000 450.000 Common Preferred De* VToinesBkATrno ,204,875 I1 50,000 80,135 34.987 150.000 . 23.925.720 (100 1100 50 2.187,989 847,358 Iowa I les Moines Nat Bank A: Trust Oo: .750.000 11,424,208 .250.000 341,710 150.000 Preferred VaPav Sav Bank.... Dubuque— 41,254,599 '100 UOO 6,261.950 100 9,946,020 5,259,435 100 re ''ent 331,710 407.471 les 300,000 250.000 247.129 100,000 121,648 100 110 30 25 280 100 50 290 67 270 62 260 480 100 250.000 Toy Nat Bank.. Security Nat Bank. WoolhiirvOo Sav Bk Debentures National Ranks June 29 Institutions State KANSAS June 29 o ent les Nomi nal. Per H itohinson— 50 65 75 20 20 17 50 51 50 50 55 18H 60 65 621,465 100 55 60 3,957,269 (66«, 70 80 157,066 35,354 6,273.796 1,003,575 100 "85" 100 50 55 43.000 745,000 1,589,764 100 30 35 150.000 Kansas City 253,061 300.000 First National Bank. 109,999 250.000 American Nat Bank. 255,022 100 — Conm'l N Bk of K O Common Preferred Peoples Bk of Quincy S'thSideBk of Quincy State St Bk Ac Tr Oo. Hoolcford— 129,011 85" 100 Illinois Natl Bk Ac Tr < Swedish-Am Nat Bk. 353.027 364,610 Third Nat'l Bank 12,547,076 6,829,510 10,698,839 100 40 40 60 65 757,225 355,050 533,770 10,232,216 6,256,357 13,716,355 100 185 110 130 195 120 471,967 200.000 242,000 500.000 Oo Springfield— First National Bank- 500,00n Illinois Nat Bank... 300.000 500.000 Springfield Marine Bk National Ranks INDIANA June 29 110 45 100 State 50 100 40 140 11,303,632 f 10 175.269 123.072 261,957 531.143 200.000 IS (change State Bank 75.010 First State Bank 10 I 434.000 ........ 2.935,050 1,438,954 6,601,963 5.270,961 100 100 N 100 100 sa Institutions Per 500.000 500.000 < Franklin Bk Ac Tr Oo 36.578 164.900 137,500 100.000 Indiana Tr & Sav Bk. Bank National City Bank. North Side Bank 190.134 20,539 34,306 59,930 810,065 223,500 Citizens Tr & Sav Bk 1,036,588 100 000 Citizens' Nat Bank.. i share. 100 200 100 160 175 100 100 100 100 110 110 100 15,947,342 1,291,745 1,478.483 1,481.912 1,057.288 14,094,080 1,932,966 275,000 First National Bank. Leavenworth Nat Bk 150,000 150.000 50.000 161,513 259,278 34,518 2.173,200 2,703.443 924.352 100 500.000 400.000 77.500 441,729 299,424 11,698.402 2.287,751 J100 Citizens State Bank. 8.217 Fidelity Sav State Bk 200 OOO lua'anty State Bank Kaw Valley State Bk 100.000 416,074 2,457.921 1,010,970 631.069 7,686.322 10,312.167 1,404,191 1,415.729 100 100 100 100 35.195 283,752 28,119,121 26.258,378 1,197,999 2,718,967 176,816 4.026,893 100 Manufac'ra State Bk Topeka— 73,446 58,105 68,768 215,544 631,999 37,488 41,505 50.000 200.000 Merchants' Nat Bk. N at Bank of Topeka 500.000 100 000 100 000 Siate Savings Bank Topeka State Bank.. 1,361.165 1,411,083 1.000.000 1.000.000 100.000 200.000 100 125 150 100 125 150 100 100 125 150 100 Common.... Preferred Onion Stock Yds Nat 110.000 I 90.000 100.000 100 f i 62*. 37.805 500.000 J 416,420 Peoples Savings Bk._ Fort Wayne- Mutual 1,684,866 National 1,200,000 718,706 22,231,527 '<ankt Institutions State KENTUCKY June 29 June 29 8,429,809 Lincoln Nat Bk Ac Tr Nomi nal. N 250,000 300,000 20.266 1.230,434 o ] 20 re cent 20 sa les Dime Trust Ac Sav Bk Debentures People's Tr Ac Sav Oo Gary— Gary State Bank Gary Tr A Sav i Bk._ 400.000 i 200,000 880,400 44,000 20 1,267.777 11,898,724 100 100 90 121 100 125 1,000,000 11,468,456 725,000 loo.oou 117,315 Class A preferred. Fountain Sq State Bk 4.000.00U Bank.. Live Stock Exch Bk. Madison Ave St Bk i 875.000 Marlon Oo State Bk. i 65.000 Nat Merchants' Nat Bk. 200.00' 1,250,000 325,000 500,00U i 281,000 People's State Bank. < Bankers Trust Oo Fldeity Trust Co Fletcher Trust Co- 9,059,764 212,185 21,372 16,217 2,430,240 78,597 401,405 161,916 1,500,000 11,119,596 725,000 1.000,000 1,211,599 Common Debentures Indiana Trust Co 399,200 48,988 l.OOO.UOu 2,638.925 i Security Trust Oo Union Trust Co..... 41,013,494 ( 2,461,769 145,828,734 1,378,481 1,076,289 601,021 36.037,795 2,361,150 3,348,292 4,719,441 10 10 15 165* olO 100 225" 215 151 100 100 100 253 240 100 100 . i City Nat Ba Ac Tr Co First Bank Ac Tr Co. Merchants Nat Bank 8t Joseph < Bk Ac Tr Oo < ) 104.887 347,000 193,336 500.000 ft 495.447 600.000 250.000 238,992 159,726 200,000 100 106 142 152 ioo 176 185" 3,406.826 5,471.697 11,333.674 4,723,931 5,502,680 100 290 298" Tarre Haute ... 750,000 250,000 j 705,733 20 1 10 2,977,134 100 132 87.000 1.681,460 10 1,237.043 12,680,150 3.208.497 2,382,059 3.634,893 cent les 370,208 270,319 255,000 500.000 1.000.000 2.000,000 I.000.000 3,122,531 Liberty Natl Bk AcTr II,800.000 300.000 153,171 Nitlonal Bank First 1,072.981 750.000 100 «)<) 693.247 140.055 Co <1,965,000 United States Tr Co 525.000 1.138,414 111.548 100,000 100,000 YVds Bank.. Louisville Trust Newport 10 50 100 101 35 135 4 H 103" 300 100 220 225" 340 345 65,215,278 1001 9,476.047 tool 42,214,772 100 25,199,975 2H 100 2,823.843 100 6,387.288 100 16,992.405 1,703.207 100 10 19,372,893 1,472,370 100 252 262 105 110 ui* 136 2H 100 125 200 63* 7H 26 — American Nat Bank- Sale 4J* '26" 100 152,191 525.897 Stock price a Pref stock retirement 1,785,116 6,019.099 100 100 1250 b Oct. 2, 1939. d New stock. Louisville. price. Union Fidelity uaified certificates. with the First National Bank of 1939. Northwest Bancorporatlon. i Com non and ^referred stock or capital debentures outstanding, ft March 26. 1940. I Last sale n Dec. 30. 1939 0 Stockholders of the La Salle National Bank, Chicago, III., will vote on a proposal to increase its common stock from $400,000 to $600,000, bringing the bank's capital to $700,000 with the inclusion of ite $100,000 preferred stock currently outstanding. Q sa I 1.761,126 2.677,034 411,283 Affiliated 19,988,650 1 304,513 I 150.000 Louisville— Citizens* Union NB. Fidelity Sc Oolum Tr. Citizens (100 6 150.000 e First Preferred Second Nat Bank (Talon Bank Ac Tr Oo c 100 Nat Bank— Common 20T.000 l.Ood.OOO 100 100 re J 154,205 Preferred * 6,440,111 (100 30 10 300,000 2O0.000 "10 No 250,000 240.000 Preferred i Newport Nat Bank.. Merchants NatBk.. Common _ Common Lincoln Bank Ac Tr._ 40 100 Terro Haute— 50 Citizens Bk & Tr Oo. ... South Bend— American Trust Co. 16 150,000 Security Bank Kentucky Title Tr Oo «1.000.000 "55" 38,796,585 (100 18,170,788 4,384,743 25,032,658 10 share. 175 503.500 Security Trust Oo_._ 100 100 100 250.000 I Coving tonTrAcBkgOo i Paep-LIb Bk Ac Tr Oo First Nat Bk Ac Tr Oo American Nat Bank. Indiana First Nat Bk Ac Tr Oo Sauk of Co mmerce. IndianapolisCommon 4.827,220 5.564,565 6,964,547 1,667,777 Lexington— 20 17,814,377 3,300,000 •461,262 316,234 203,536 88,596 200.000 Citizens' Nat Bank.. 1 16,541.468 Per Covington— 100 Bank J 776,475 a62H 101 Preferred 480,000 250 100 I 62', 50 1,100.274 110 16,383,902 (100 1100 500.000 340,000 225 100 110 160 225 100 Common Preferred es 100 \ Fourth Nat Bank... Kansas State Bank.. Ssuthwest Nat Bank Union National Bank Old National Bank— Ft Wayne Nat Common o re cent 100 100.000 First National Bank. Nomi nal. Lvanzvillo— Security Nat Bank.. R verview State Bk. Leavenworth— Wichita— June 29 share. 100 3,596.258 4,915,581 Central Nat Bank... 1... 200.000 100,000 50.000 200,000 o 495 100 ( N Central Trust Oo 200.000 125.000 Common oiOO sa 100 14,904 I a25* 125 10 129,425 100,000 Mercantile Tr Ac 8 Bk Latuasco 100 6,900,000 1,829,818 130,202 31,842,731 Oe« Moines— 6,411,429 MOO 7.395.442 100 6.718.085 too 2.675,875 100 100 5,110,403 I 2,271,385 a 100 292,000 Jefferson Tr AtSav Bk 200.000 75.000 150.000 100 1100 400.000 80 74 103 50 11,561,442 26,220,556 15,456,752 Common 1,961,654 BIouz City— First National Bank Live Stock Nat Bank 100 sa 660.000 68,734 85,097 750,000 11,017,139 250,000 149,102 150,000 ...... 100 Peoria— 2.000.000 100 1,518.586 (100 250.000 rec First National Bank les 100 300.000 100 Com Mer Nat BkAcTr cent A mer Tr Ac Sav Bank 100 827,274 1,219.291 o sa First National Bank 1,637,052 8,446.901 600.000 N re 100 100 2,268,831 Oent Nat Bk & Tr Oo 25 100 20 10ft N 93,892 701,722 185,194 100 492,361 190,471 100 100.000 Common.. Common 32 20 Elgin300.000 100.000 224,810 First Fed State Bank 10O ioo . 150,000 3.116,487 4.695,409 Preferred 67 S. ooo .000 10,636,869 378,573,534 464,4611 10,637.137 300.000 Blgln Nat'l Bank... Plret Nat'l Bank Union Nt Bk & Tr Co 183,932 City National Bank Coun Bluffs 8av Bk First National Bank 62 100 Pullman Tr Ac Sav Bk 3.210,225 32,234.661 5,062,964 1,094,174 150,000 United State Bank.. Council Bluffs— 50 4X1 2811 12,490,026 541.000 1,281,210 85.660 200.000 6.000.000 11,697,056 287,967.869 371,045 13,371.197 i 736.000 1.554.901 33,464.174 500.000 _ 130,501 2,185,537 161,720 46,045 share 100 2,416,678 3,062.289 200.000 500,000 250,000 50,000 Bank People's Sav Bank.. Merchants Nat 95 110 85,529 88,835 125,000 200,000 ft Farmers Ar Merch 8 B Nat Bk of Burlington Cedar Rapids— Guar Bk Ac Tr Co 4.990,562 "?5 ""25'" "30" i Bast Side TrAfcSav Bk Harris Tr & Sav Bk Burlington— 50 d 80 110 Madlann-Crawford Natl Per 2,651,597 7.154,989 Lawndale Nat Bank Preferred 20 Ait Nomi nal. shore. 284,075 218,343 250.000 Kanpar Am State Bk LaSalle Nat'l Bank.. oi 700,000 Common Per % Juna 30. h Member of x Ex-dividend. < National Banks Baton Rouge— City National Bank Common Preferred Louisiana Nat Bank Common Preferred New Orleans— j 636,788 300,000 200,000 } 520,960 Ask Bid Par 1.000.000 500.000 J2.103.096 1.500.000 1.200.000 Nat Bk of Commerce Common J 1.639,092 _ National 1,325.683 919,531 402,926 1.000.000 1.000 000 700.000 Banks 710,000 330.609 3,786,223 100 500.000 1.026.085 7,412.954 100 150.000 2.984.887 120.000 100 10 share. 86 340*" 22 "30" 25 100 180 23.138.908 100 100 Common Preferred 72 32.004.339 110 115" 302,500 311,000 250,716 7,781,273 o rec ent sa les 20 100 10 6 50 55 50 2,614,261 fioo 1100 128,017 401,892 610.624 763 65 20 25 Ba^HtRteMerNat Bk 600,000 419,131 6,124,205 25 Appleton Nat. Bank. Unloo Old Lowell National Bank.... I 300.000 511,129 4,022,884 10 20 703,547 12,569,248 25 21H 1,000.000 Lynn— Mfr's. Cent. Nat Bk 500.000 211.101 20 share. Essex Trust Co. 250.000 485.363 100 285 ~37X 36 25 2,158,225 1.785.578 3.419.746 6,009.755 Lawrence— 140 Lynn 8 Dep & Tr Co Security Trust Co... 100.000 656.372 6 100 20 350 49 50 7,408,830 20 10,164,557 6,362,738 12K 6 8 41 44 11 12 100 " 1,004.521 209,126 100.000 141.000 dl.400.000 Had lev Fall* Tr Co 185 Institutions 8,500.000 11,262,652 280.000 248.174 167.168 157.814 200.000 300.000 Preferred Park National Rank 20 9,266.543 N Merrimack Nat Bank June 29 757.597 100.000 River Trust 35" 21 (20 ,20 Per Depositors' Trust Co 112 330 Holyoke—• Holyoke Nat Bank— Common. 120 8tate 605.000 100 ion 25 23^ 120 60.135,924 Augusta— 700.000 9,170.095 HaverhillHaverhill Nat Rank lioo Nomi nal. First Nat Granite Bk 7.621,479 Stone Nat Rk of Olon Hence* fl T> St Tr Co 95 34.182,293 /100 MAINE June 29 Per 301.263 615,196 Safety Fund Nat Bk Gloucester— Gape Ann Nat Bank. 175 160 10,992,504 J100 t 80 Shreveport— First National Bank. Commercial Nat Bk. Oonfl-Am B A Tr Co Ask Fitohburg— 1,500.000 11,699,575 56,241,483 1 200.000 3.637.393 249,875 208.000 7,613,642 146.203.632 2.800.000 Preferred Louisiana SB St T Co Whitney Nat Bank.. Bid 400.00n 427.500 tfall 110 Amer Bk St Trust Co Common Preferred Hlbernla National Bk Common Preferred Pall Hirer— B.M.C. Durfee Trust 25 20 I10 Par Deposits Nomi nal. F*'1 River Nat Rank 11,425,619 Gross Surplus A Profits Capital Nomi nal. Per share. $ $ 5 300.000 240.000 ... NaHjZl%nk° MASSACHUSETTS June 29 Deposits 105 COMPANIES Gross Surplus & Profits Capital Institutions State LOUISIANA June 29 TBTJST AND BANKS Oct., 1940] ' ' 400,000 . 6,860,353 5,665,786 3.582,873 917.131 6 9,857,433 15 17 51 . . Bangor— Bk. Merchants' Nat 285,044 1,015,120 1.000.000 Eastern Tr St Bkg Co Merrill Trust Co— 200.000 10,882.185 8.415.838 Now BedfordFirst National Rank. 100 Common 600.000 400.000 Preferred J 658,093 N 12,738.321 / 20 ( o re 100 cent 513,676 213.053 First Portland NatBk 1.010,003 Nat Bk of«'ornmerce 400.0(10 995,170 373.237 Oasco Rk <fc Tr Co 9.260.773 4.582.337 17.327.396 100 20 23 25 35 38 8,149,711 20 37 41 101 98 25 Merchants Nat Bank Naumkaag Tr Co— Common. MARYLAND Wat* Baltimore- 383.215 500,000 Preferred Calvert Bank d 600.000 800.000 370.000 Canton Nat Bank. d 225,000 Oarrollton Bk of Bait First National Bank. 127,234 3,312,092 991,203 7.555.217 Springfield *rat Rank dl.600.000 TMrd Nat RkT Co.. 1.500.000 SprlngHe'd 8 I> St Tr. 1.000.000 Union Trust Co. 1.000.nor 15,846,039 31,464,622 15,673,176 13,936,395 2,627,863 30 10 25^ Nat Marine Bank... Western Nat Bank.. Colonial Trust Co Equitable Trust Co. Fidelity Trust Co— Maryland Trust Co 120 50 2,000,000 1.000.000 "*90 Capital notes Mercantile Tr Co... 200,000 300.000 248,403 338,105 2,376,659 4,557,010 100 10 k 600,000 1,171,878 400.000 489,468 16,147,127 5,712,261 100 Guaranty Rk St T Co xWorcester C'o Tr Co j1,745,090 3.917,236 291.136 4,325,126 1,843,416 1 53 90 30 48 20 25 32 13 16"' 100 14 Dep & Trust Co Union Trust Co 68 198,380 6,079.849 392,000 15H {.10 Common 100.000 99.500 500,001) ... j 70 420 100 440 10 " 9 100 95 * 1,829,986 125 7,385,468 50 Class A 150.600 Capital notes.. 291,000 J 148,976 Citizens' Nat Bank.. Farm St Mech N Bk. 100,000 125.000 973.976 528,211 Frederick Co Nat Bk Common 100.000 15* Nomi nal. Per 40.000 150.000 11 28^ 75 4,668,724 5,255,331 1,837,114 115 4,024,373 1.711,270 J 129,102 100 100 190 10 7 25 65 90.000 120,629 367.000 200,000 342.815 322.175 1,955.520 6.236.090 4.025.800 Hagerstown Trust Co 150.000 111,397 1.987,581 8.250.000 9,211,875 c25 10 N 100 Detroit Trust Co Un Guardian TrPn. 226.340 2,0 IO.OOO 500.000 Wayne Oakland Bk. o 10 300,000 Flint— Olt Com St Savs Bk. dl .000.000 Genessee Co Savs Bk 1.000 000 Fiduciary TrustCo.. d New Eng Trust Co.. Old Colony Trust C<> Pilgrim Trust Go State Street Tr Co.. 500.000 1.000.000 <5.000.000 400,000 3.890.000 50 22 H 140 135 47 50 i• ii i a400~~ • i i i i i <10 100 300 Convertible pref.. Winthrop Trust Co.. Beverly— Beverly Nat Bank Beverly Trust Co 700.000 450.000 Jl,416.603 13,268.750 100.000 145,972 2.789,749 300.000 100.000 I \ "16 1,729,803 f io I 1° 20 2,318,899 (713,420,631 716.083 g 4,680,973 100 o 148,412 4,530,173 • ■ 1.065,814 547,288 92,283 440,642 23,526,227 10,057,284 3,448,057 6,650,172 2,239,560 11,417,874 10,270,018 700,000 123,846 625,452 Peoples Nat Bank..,. 400.000 680,785 ,000,000 ,125,000 250.000 .200.00o Common... Preferred i i Saginaw— Saginaw Nat'l Bank. Second Nat Rank St Trust Company. _ 287.373 109,109 4,169,216 1,773,500 518.374 527.639 10 l 1 1J——** COi-t & 1 « d |2,534,263 47,877,211 Bank. Home Nat Bank Cambridge— Cambridge Trust Co County Bk 4; Tr Oo. Ha^vard Trust Co... 500.000 500.000 / 300.000 1.000.000 100 600.000 160 8,260,697 6,846,427 20 36 675,744 6 7.241,425 521,067 4,797,133 1.733,015 623,505,637 100 10 450 470 20 22 20 80 82 833,947' c i•i•• i i • 5 5 6 24 28 20 19 21 i 35 35 12 14 21 23 19 20 ; 10 50 20 • 13 33 249,291 7,854.582 20 2,667,492 30.577,605 100 price. savings deposits. Retirement price. d Common and preferred stock or g capital notes outstanding. Trust balances. Dec. 31. 1938. * Units. I Last Sale. o x March 26, 1940. of First National Ex-dividend. 28 Bank of Boston. ~25h 20 f Convertible pref. stock entitled in liquidation to $20 a share. 50 10 4 43 30 Stock has to be offered to board of directors. t Affiliate 11,065.557 "i2" 30 357.000 Sale b Includes 200 100 gveretc— Middlesex Go Nat Bk 22 20 1.250,000 * i 150.000 21 29 10 486,973 3,980.775 710,683 g 2,911,919 a 15 ; Brockton— Brockton Nat 36 20 20 315" 12H 10 100 34k 10 195" 100 I 10 96,742 g First Nat Bk & Tr Co Michigan Trust Oo_. 50 10) 24,691,634 ( 250.000 Central Bank Union Bank of Mich. 50 100 a295 100 3,409.071 5,283.264 None 589.094 9.084.406 7,433.187 100,684,466 10 25 U S Trust Co— Common 100" lio' Old Kent Bank— 68 22H , 43.164,493 2.530.467 15,581.845 2.388.253 41,485,596 41^ 390 61 10.000.000 23.279.209 220.904.629 12H 2.000.000 25 6.018.252, 107.134,182 Web St Atlas N Bk.. 690.931 1.000 000 16,351.592 50 Nat Bank.. 4,105.638 351.097 1.576,571 707.831 48 20 Grand Rapids— share. 382 250.000 400,000 Merch St Mech Bank Nat Bank of Flint— 41^ Nat Shawmut Bank 1.250.000 105 46 les sa Per l.000.000 100.000 100 t 488,240 18,018,679 461,542 g 444,873 309,660 1 Common Nomi nal. D%y Trust Co 50 Equitable Trust Co— re cent 10 Bjston— Boston S Dep St Tr. les 20 506,015,244 I 750.000 11,445,041 Rankers Trust Co. 195 8 MASSACHUSETTS Ste'V«,on' Calumbla Trust Co.. sa j14689.695 400,000 1,200.000 500,000 Wabeek State Bank. First National Bank. 27.812.500 53.813,198 774.051,939 12^ Merchants' Nat Bk 5.711.830 119.838.514 3.000.000 Nat Rock Bk of Bos 3.104.966 36.800.212 1.500.000 Second 20 o re cent XJnited Savings Bank Common.. Preferred 70 115 435,837 69,211 Second Nat Bank June 29 10,494.755 500.000 Preferred National Banks 985,505 400.000 Nat Bank of Detroit- Hageretown— Farmers St Merc Bk. Nlcodemus Nat Bk.. d N 110.222 Preferred 150.000 100 share. 100 344,324 2,776,672 6,621,867 300,000 Common West Maryland Tr_. Institutions June 29 Bay City— Bay City Bank..... Natl bk of Bay City. People's Commercial St Savings Bank— Frederlok— Preferred Fr'k Town 8av Inst. State MICHIGAN DetroitCommonwealth Bank d3,600,000 2,341,355 667,65^,197 Detroit Bank— Common 2.160,000 14,338,543 178.451,622 i Preferred 3.570,000 1 Mfrs National Bank. 3.000.000 5.541,527 157,625.434 Liberty Trust CoCommon June 29 100 60 4,589,315 97.789 191,065 10 1,000,000 1 2,570,726 639.965,539 / 10 1.500,000 f L 10 ........ "245"" 250" 50 100 Peoples Bank— Capital notes Second Nat Bank 25 72 14 52"" Cumberland— d 25 25 16 25 28,536,864 1,796,301 41,301,043 52,005,957 600,000 2.000.000 3.000,000 100 Worcester— 100 43,301,550 1.500,000 Real Estate Tr Co.. Common 194,250 National Banks 1,000,000 1,500,000 Common First Nat Bank WestSprlng field Tr. 55 10 10 812,366 3,361,824 1.577.591 2.107,007 220,921 Taunton — Machinists' Nat Bk. Bristol County Tr 3 H J10 100 10 10 Mechanics Nat Rank 6,296,662 45,305,600 543,417 11,001,795 3,983,715 199,562 284,359 1,811,452 6.705,284 232,357,558 533,673 7,369,855 791,735 6.286,052 567,512 14,306.390 143,544 1,974,352 1.376,364 44,327,332 1,196,200 21,632,571 80.000 4.000,000 400.000 600,000 750.000 400,000 Nat Cent Bk of Bait. Safe J 1,232,653 50 34 Springfield- Baltimore Nat Bank Common 100 250,000 Institutions June 29 Nomi nal. Per share. Bait Oomm'l Bank. 2,095,269 250.000 200.000 Preferred.. June 29 69.852 Salem— ...... National Ranks 497.048 470,621 Peabody— Warren Nat Bank... 000.000 200 000 903.363 sa 20 Portland— Canal National Bank 714.500 500.000 350,000 200,000 Merchants Nat Rk. Safe Deposit Nat Bk 27 14 35 1275 AND BANKS 106 TRUST COMPANIES — National Brinks : June 29 MINNESOTA Capital State Institutions Bid Par Deposits Norn inal. Per share. 8 Duluth— 100 78,713 1,454,416 968,710 7,941,584 1,984,656 32,740,732 269,360 497,043 59,572 22,583 7.697.368 12,205,857 1,130,010 975,117 100 100 Bank of Oomm A Sav 100,000 47,302 600.000 337,582 150.000 2.000.000 400.000 1.000.000 Northern Nat Bank. 100.000 Pioneer Nat Bank... 100.000 Western Nat Bank.. k * First & Amer Nat Bk Ask 100 50 o of Duluth Minneapolis— Blooming'n-Lake NB b Central Nat Bank.. Fifth No'west'n N B. Flrst NatBk&TrCo Hennepin State Bank Marquette Nat Bank Midland NatBk A Tr Minnehaha Nat Bk 100.000 k 150,000 e 100,000 60,000,000 6 100,000 k 355,000 k 947,775 6 100,000 324 440 400.000 250.000 Merc Com B A T Co- 10.000.000 Mercantile-Com¬ 350.000 merce Nat'l Bank. 66*3 100 70 20 share. 120 31 6 100 6,566,462 366,130 3,157,209 107,710,464 45,398 3,259,235 4,412,662 318,944 239,618 3,286,363 1.000.000 Llndell Trust Co 20 219,141 4,213,089 912,163 15,716,497 435,936 9,102,103 r 12,445 3,236,976 41,750 3,727,204 6,091,305 259,950 7.046,751 183,353,276 500,000 1,000,000 Chippewa Trust Oo. p ■aston-Taylor Tr Oo k 100 25 2,763,796 100 ■ 6,000,000 Miss Yal Trust Co.. * Mound City Tr Oo 241.559 North St Louis Tr Co 300,000 WebsterGroves Tr.. 100,000 2,563,840 6100 113,328 1,915,658 e__ 43,397 1,928,800 elOO 47,076 8.219,076 150,122,826 6 20 100 948,009 27,823 100 364.401 5.994,703 18,619,427 el 00 672,564 2,033,938 6100 49,256 Ask Bid Per St. Louis (Concl.) Telegraphers Nat Bk les 100 Par Deposits Nomi nal. cent Minnesota Nat Bank Cross Surplus & Profits Capital Tower Or Bk A TrCo United Bk A Tr Co.. 100 State Institutions June 29 MISSOURI Cross Surplus & Profits Olty National Bank Duluth Nat'l Bk National Banks June 29 June 29 33"" 85 100 20 37 100 113H 114)4 n J* 28 27 100 25 '20 27 100 175 ~28~" Springfield— it OltlzensBank . 40,435 482,558 432,642 290.000 589.500 200,000 Onion Nat Bank.— * Southern Missouri Tr 100 10,643,699 2,206,503 100 N'western Nat B A T 5,000,000 14,594,213 136,843,545 /100 Common Preferred 1,350.000 Produce State Bank. 6 i00,000 2d N'west'n State.. e 50.000 Third N'west'n N Bk e 4th Northwest Nat'l. * 16,665 143,268 158,490 75,950 100,000 125.000 University State Bk. * 76.600 9X e 9y2 National Banks June 29 1.518.369 1,227,727 1,700,213 eiOO 3.067,272 elOO 1,245,549 35,820 Nomt nal. Union 125,000 Nat Bank... Per cent sa les 100.000 258,260 300,000 Miners Nat Bk re 100.000 901.937 44,221 638,215 100 12,970.848 100 1,371,258 14,275,631 ff—_ 000,000 304,422 10,039.119 fflOO 250,000 190,000 264,125 8,302,996 J100 \ 100 200,000 150.000 Midland Nat Bank.. Montana Nat Bank. Sec Tr A Savs Bank. St. Paul— 200,011 195,134 N o re cent sa les Butte— 100 1,202,312 31,803,651 100 4,880,194 460,878 100 2,038,054 78,212 First National Bank. ff0.OOO.OOO 7.540.390 142,070,532 fflOO 100 2,302,930 117,219 First State Bank ff 100,000 100 8,524,224 268,610 EmpireNatBk&TrCo ek 455.000 I 6.306,830 elOO 268,800 Stock Yards Nat Bk. * 250.000 Midway Nat Bank5,201,057 1100 357,301 100.000 1 Common.... 1100 Preferred 130,000 None 514.867* fflOO First Trust Co ff 1.000,000 American Nat Bank. *1.682,000 Commercial State Bk * 150,000 DrovExchState Bank ok 200,000 Metals Bk A 11 10M ff share• 4,817,502 fflOO 100 2,834,843 100 3,438,291 First National Bank. No 5,974,437 fflOO 100 2,136,252 145,308 78,316 200.000 June 29 Billings— Rochester— First National Bank- Institutions State MONTANA Tr Oo. 600.000 Helena— first Nat Bk A Tr Co Union Bk A Tr Co— Common Preferred ... National Banks National Banks | June 29 MISSISSIPPI State Institutions State NEBRASKA June 29 I June 29 Institutions June 29 Nomi nal. Per share. LincolnNomi nal. Continental NatBk— Common Jaokson share. 254,438 11,317,771 100 First National Bank. 1,000,000 588.427 350.000 1,083,504 20,496,644 11,426,797 100 Nat Bk of Commerce Per 1.500,000 1,348,222 798,161 28,535,008 13,454,320 20 39 100 160 1,800,000 12,112.312 200.000 45,577,555 100 160 Preferred Capital National BkOommon 300,000 1 Preferred 100.000 32.030 636,021 421,377 731,400 I 297,000 Depos Gu Bk A TrOo k k 9,658,013 682,445 100.000 Commerc'l Bk&TrOo Jaclcson-State N Bk. 350,000 1 284.000 e 1,162,868 13,754,362 8,325,933 65 (30 (40 10 75 100 175 190 First Nat Bank 100 160 175 Live Stock Nat Bank 500.000 253,200 320,000 Mer A Farmers Bank k 236,500 185,298 135,073 3,616,895 3,426,276 4,654,678 500,000 300.000 295,021 277,105 5,388,416 4,924,423 136.449 100 80 85 50 68 70 50 62^ 65 ' Common Preferred Common k Mercb NatBk&Tr Oo 8 100 /140 - 165 100 South Omaha Sav Bk 100 84,117 2,814,202 53,846 954,697 25 283,859 7,641,154 100 1,217,154 26.328,414 100 33,565.352 1,219.469 100 121,000 I 79,000 50,000 Preferred _ _ 41 Packers' Nat Bank: Fioksburg— First Nat A Tr Co 165 220 r Omaha Nat Bank— Meridian— Citizens Nat Bank.. k First National Bank. k 'l50" Omaha— 15 12H aI66" 100 100 100 — — Stock Yards Nat Bk Common National Banks MISSOURI June 29 400,000 I 170.000 « State Institutions Preferred June 29 U S Nat Bank el. 100.000 100 Nomi nal. Kansas City— Per National Banks June 29 share. 120 100 110 100 340 80 136 90 142 100 100 First Nat Bk of Nev.ld 100 415 455 Security National Bk 100 305 NEVADA 360 330 600,000 86,340 2,176,894 173,696 0,000,000 100.000 2.000,000 500,000 6,263,960 76,756 5,079,836 1,653,236 2,317 ,199 34,983 ,384 7,278 ,436 184,046 ,943 1,321 ,789 132,301 ,385 21,849 ,468 100,000 200.000 102,694 203,997 1.749 ,650 3,350 ,687 100 100 135 Merchants Bank 100 200 225 Merc H°me Common 200,000 353,482 9,319,323 100 Baltimore Bank.... 100,OOU City Nat Bk & Tr Co 600.000 Columbia Nat Bank. Commerce Trust Co Community State Bk First National Bank. Inter-State Nat Bank Linwood State Bank- 100 100 . 85 , I National & Tr Nomi.nal. 1 Reno- Banks June 29 600,000 100,000 Per 1.516,314 21,461 NEW HAMPSHIRE I State Institutions June 29 170 192.000 Capital notes Worn 1 nal. Missouri Bk A Tr Co 110,000 1 90,000 50,000 Common Preferred Park National Bank. Plaza Bank of Oomm 71.617 43,166 129,850 104,000 65,417 200,000 100,000 100,000 Preduce Exch Bank. Southeast State Bk.. 1,636,727 J100 1100 100 1,930,726 100 3,272,359 2,375,000 100 100 1,475,263 115 Common 50,000 50,000 400.OOU Preferred Traders' , 26,191 Manchester Nat Bk. 100 178,308 150,000 615,798 Merchants Nat Bank 120 200.000 272,242 50 90 105 550.000 1,000,000 950.000 Preferred | 784,368 28.084 217,683 1,192,748 University Bank 100,000 Westport Ave Dank. 100,000 St. Joseph— American Nat Bank. Burnes Nat Bank 200,000 First National Bank. 600.000 230,716 272,233 455,106 First Trust Oo 100.001 155.384 FirstStJosSt'k Y dsBk 250,000 200,009 200.000 129.000 105,806 281,854 135,848 92.085 107,500 I 92,500 200.000 103,866 200,000 Tootle-jLacy Nat Bk. Mm^ire Trust Do Missouri Vail Tr uo. 100 62^ 95 175 100,575 3,379,058 100 N 0 100 re cent 1,579,171 100 sa les Baden Bank Boatmen's Nat Bk.. 2,000,000 Bremen Bk A Tr Oo. 400.00O Cass Bk A Tr Oo 300.000 First Nat Bank 10.200.000 industrial Bk&TrOo 750,000 105 71,576 2.439,753 387,156 220,567 8,762,223 1,077,001 200,0001 \ 88,136 Capital notes 100,000 I 578.500 National Atlantic 100 N 0 100 re cent sa les s Guarantee Bk&Tr Oo 500,000 2,578,986 Preferred 6 (20 4 75 20 32 33 100 115 125 100 105 17 37 78 20 t . Bayouna— Broadway Nat Bk (100 - - - a m m « c --- — 296,184 100 85 294,388 50 45 Bk. 404,416 20 20 Plaza Bank (The). Bee Nat Bk Savs&Tr 200,000 350,000 156,304 762,873 20 21 25 28 418,000 400,000 98,778 255,555 100 50 20 19 35 • al00 15 South Side Nat Bank "~2H 3 1.00 80 5,822,645 100 70 10 5 7 5 3 3* * 17 I March 30 125,978 3,399,048 935,203 200,000 400.000 43,951 450,152 2,213,173 10,060.228 50 100 75 * Sale price. Group, March 26, 1940. by the Transamerica Corp., San Francisco, k Preferred stock n 22 179,524 Calif. e Member of Northwest Bancorporation. / Last sale. (/Member First Bank Stock Corp. 1 Dec. 30, 1939. - Gommerc'l k 10 Share• 15 0 100 1,294,835 (100 i 10 d Owned 20 624,021 A Savs Bank— 333,447 549.975 Retirement price. b First National 80 70 m .. Bayonne Trust Co.. 600,000 500,000 500,000 675,000 Southern 86,794 300,000 100,000 Grove Bank Seacoast Trust Oo 20 Mutual Bk & Tr Oo.- 7,649,478 6,214,859 38 73 Asbury Park— AsburyPkNatBk&Tr fc Asbury Park & Ocean 15 100 2,869,313 705,270 761,571 225,000 lc 1,184,566 100 Bank Manchester Bank Institutions June 29 Per 400,000 100 \ 50,000 State City— Common 1,522,010 ( 50 (100 A Trust Oo NEW JERSEY Equitable Trust Oo— 100 8,108,223 75,077 Preferred Banks Boardwalk Nat Bank Lemay Ferry Bk & Tr 50,000 33,389 200.000 Nomi nal. 100 248.731 Common Bk June 29 20 Common Jeff-Gravois Bank No'western Nat 250.000 75,000 New Hamo Nat Jefferson Bk A T Co- Manufacturers 600.000 Preferred ym m> Amer Exch Nat Bank Preferred 80 ,100 3,980,382 9,664,097 300 150 280 135 6,349,272 6.467,711 6,844,624 10 St. CaOUlB— Common 100 100 100 561,914 601,408 590.559 SecondNat of Nashua Portsmouth— 8 100 las 0 First National Bank. 52^ no 1 15 27.495,238 sa 400.000 65 Union Nat Bank— Common cent 100 200,000 225" 50 '200' 8,582,512 62 X re Nashua Trust Co.. Common it N 100 Indian Head Nat Bk Olty Gate Nat'l Bank share 100 6,463,365 2,958.659 4,048,572 Nashua— 1100 7,464,900 965,865 200.000 Amoskeag Nat Bank 615,599 J100 293,687 Per Manchester— 130 South Side Bank— Stock Yards Nat Bk. \share 100 26, and common stock or capital debentures 1940. outstanding. . ... beneficial interest, which In turn stock of the Mercantile-Commerce Price applicable to 100,000 shares of shares of 8100 par National Bank of St. Louis, Mo., held by the trustees. represent o 3,500 American National Bank of St. Paul affiliate. Capital account. rReserve. p s viember of the Guardian _ Detroit Union Group Inc.. t Ex-stock dividend of 33 1-3 %. . Detroit, Mich. National Banks new york June 29 June 29 Surplus & Profits Cross Surplus & Profits Capital Ask Bid Par Deposits 107 companies National Banks Institutions State new jersey June 29 trust and banks Oct., 1940] Capital State Institutions June 29 Cross Nomi nal. Per share. Nomi nal. 100 100 25 30 50 55 20 8 8** 1,038,734 26,101,15? 12** 3 4 47,603 1,319,078 1.479.64C 36,365,415 1 243,100 574,000 248.000 FIrstOamNatBATGo 42,150,000 Merchantville Nat'l Bank a Trust Go d 220.000 Camden Trust Co.. 42,734.750 2,256,458 * 5,153,603 1,766,151 90.76C 279,001 133,962 Farm a Mer Nat Bk. k 200.000 95.600 769.165 Common Preferred J 315,051 Elizabeth— 400.000 National State Baok 41.278.000 Central Home Tr Co 500.000 Elisabeth Trust Co.. 650.123 Union County Tr Co 41.114.345 Hoboken— Seaboard Trust Co.. 500.000 38,608 401,703 ■Uxabethport BkgOo 4 294,837 2,912,977 99'891 o Jersey City- First National Bank. 1,501,750 2.225.000 Franklin Nat Bank.. f 200.000 n 93,811 Hudson Co Nat bk— 385,427 Common 1.250.000 \ Preferred 1.600.000 93,166 100.000 Bergen Trust Co. Commercial Tr n j_. 3.400.000 3,879,029 Nerth Bergen Tr Co 30,332 100,000 Trust Co of n j— Common 600,000 Preferred a.... 4.000.000 ... j1,754,152 Long Branch— Lang Branch Bkg Co Morrlstown— I i 566,176 200.000 600.000 200.000 1 1,142,829 65 62 2** "B" 25 50 A* r30 10 123 670 Newark 53,446 396,348 150.000 600.000 884.000 Banking Co. National State Bank 3.000.000 500.000 4 526.980 301.000 1.622.500 47.000,000 2.500.000 . _ Clinton Trust Co Columbus Trust Co. Federal Trust Co... Fidelity Un Tr Co... Merch a Newark Tr. Union National Bk United 8tates Tr Co. West Side Trust Co. New Brunswick Nat'l Bank of n j... 52,112 122.837 k 1,548,876 2,222,920 59,030 170,085 1,236,331 8,690,570 1,700,733 137,883 583,880 354,097 4336.300 . 600.000 1.022.425 395,011 497.957 860,000 300.000 . 1 ........ 471.273 North a West Hu ! ....... . 142.694 100.000 . Com-Mer Tr Un City Gutt'b'g Bk A Tr Co Weehawken Tr Co HudsTr Co Un City 1.000,000 100,000 400.000 41,995,000 Passaic— Passaic n BkATr Co 42,000.000 1.000.000 People's Bk a Tr Co. Paterson— First National bk— Common 680,000 Preferred 520,000 Haledon Nat Bank.. 97.000 Nat Un Bk of America 290.000 Peterson Nat Bank.. 600,000 Second Nat Bank... 1,500,000 Paterson sav Inst.. 42,000.000 Prospect Pk Nat Bk. 150.000 Citizens Trust co— Common 600.000 Preferred 594.000 1 490 ; 14 8 4 H 21** 1734 25 55* 22** 1934 "17" 19 10 10 10 19*" 50 25 25 7 600.000 Preferred 250,000 242,500 75,000 413,238 12,808,653 N o re cent les I 10 r§6"" 10 100 J 33,845 28,993 1,425.131 81,287 308,025 163,133 365,000 1.151,652 1,609,494 13,332,449 4,359,280 8,772,194 27.626,769 2,699,917 3 33,733,759 12** 6,068,505 a 25 r50 20, 10 IX 100 175 8 10 25 IX 234 "15"" 2 30 32 25 100 N o 100 100 5,369,093 1,241,854 16,331,387 4,227,321 70,446 46,266 1,551,906 940,410 1,348,538 497,808 re cent sa les 55 13,918,683 /100 1 60. 100 "75 1,506,392 202,681,737 50 "65" 14,890,969 50 25 17,622,789 25 25 27,888,839 6,680.723 60 100" 12 70 28 26 160 50 8.746,931 1 25. 112*1 . 550.801 6 rl234 18 17.559.571 /100 1 22 50- 705,130 2,907,619 55,232 74,234 1,192,985 612,984 15,257,250 48,880,624 1,259,977 1,521,364 31,867,919 27,303,968 40 100 50 35* 10 1** 8 100 100 20 25 50 47 10 1 49 2 575,455 445,422 250,029 3,015.946 3,291,555 1.451,758 5 5 60 I 70 r20 350 300 20 102*4 15 100 <50 200,000 432,181 889.193 150.000 150.000 525.000 151,013 107,779 530,290 557,575 1,853,344 1,368.882 4,266,313 6,768,987 n o New York City— Deposits N ew York Ci are of Sept. 26, 1940. Sur plus and p June 29, for National and 1940, for of hanks and trust companies in New Yo found in our "Ra ilway" Sec tion, pages 10 re cent 100 sa les 100 100 and ty banks are repo rled net 1940 rofits are of date June29 State banks, a di ridend record rk City and Broo klyn 210,211,212 213, 214 be m ay an Amalg Bank of n y. 650,000 Bank of New York— 6.000.000 Bk of the Manhat Co 20,000.000 Bank of Yorktown. 1.000.000 Chase Nat Bank—— 100.270.OOi Comm'i Nat Bk a Tr 7.000,000 Fifth Ave Bank. 500,000 First National Bank. 10,000,000 Grace Nat Bk of n y 1.500.000 - 400.000 4 745,000 National City Bank. 77.50O.o0o NatSafety BkA Tr Co 41.014.300 Penn Exchange Bank 4475,000 Public Nat BkATrCo 7.000.000 Schroder Bkg Corp. 5.000.000 Sterling Nat b a t.. 1,500.000 Trust co. returns 54,700 13,940,700 28,662,581 833,665 134090.954 8,639,467 4,115,360 109530,449 2,221,858 316,400 346,000 79,491,200 1,156,915 328,146 10,067,706 3,157,073 2,631,369 7,150,700 d 215. 12ft date, June 29, 1940. 500,000 210,400 4,366,200 1,300.000 14,556,900 883,200 1 000,000 290,300 643,000 25.000,000 81,778,226 1221357.668 214,476 23,217,923 42,642,500 Bk of Athens Tr Co. Banco dl Nap Tr Co b'kof Montreal Tr Co Bankers Trust Oo___ Bronx County Tr Co Brown Bros Harri- man & Co 2,000,000 Cent Han BkATr Co 21,000.000 Chemical Bk a Tr Co 20.000.000 City Bank Farmers' Trust Co 10.000,000 Clinton Trust Co.— 4 700,000 Colonial Trust Co... 1,000.000 Continental BkATr. 4,000.000 Corn Ex Bk a Tr Co 15,000.000 Corporation Trust Co 500.000 Empire Trust Co 3,500.000 Equitable Trust Co. 500.000 Federation BkATr Co 825.000 Fulton tn «t Co— 2.000.000 Fiduciary t» ast Co. 1,000.000 Guaranty Tr, stOo._ 90,000.000 Hellenic Bk a Tr Co. 1.000.000 Irving Trust Co 50,0^,000 j p Morgan a Co Inc 20,000,000 Schroder Trust Co.. 1,000,000 Lawyers Tr Co. 2.000.000 .... 100 233,371,000 100 310 10 607,205,000 iiH 40 s 7,099,247 66* 29 J* 3101907,000 13.55 162 100 117,996,000 61,779,000 100 x650 679,326,000 100 1705 100 s41.507,100 s 6,369,800 100 "1*20 50 40 s 10,547,400 23** 2659884,000 12** sl8,551,161 s 3,293,582 27 H 140,592,000 17X s22,578,605 s29,489,285 ""25 "25 "16 49 35 15 11.244.955 112,416,710 73,285.329 1238311,827 67,240,097 798,533,723 14,929,296 338,603 472,709 4,863,005 21,021,300 408,600 3,238,833 332,400 1,412,968 2,875,165 2,386,481 185639,400 389,898 53,309,986 20,000,000 1,783.468 1,937,512 138,874,832 8,612,342 14,014,643 63,105,448 340,469,500 25,000 68,407,236 1,700 11,426,269 25,307,965 22,200,435 2302794,073 4,513,656 764,888,385 650,499,912 20,339,540 36,516,002 317 155* 313* 168 690 1745 iso" 45 25 11* 28 X "27"" 100 50 51 19 20 92 95 10 42** 44** 30 35 20 60 25 10 20 100 50 ~\2% 48** 14** 49** "40" 43" 25 10 100 *190 216" 100 100 10g 10 266 271 "10** "II** "ioo 25 "26** "29** Mfrs Trust Co: Common Convertible pref— 20 35** 32,998,440 144844465 792,181,954 54 20 x 52 8,749,520 Marine Midi Tr Co 4** 6,000,000 9,447,981 122,352,982 i 10 t 4X New York Trust Co 12, ">00,000 28,000,839 471,698,086 101 104 25 Pan American Tr co 600,000 Savings Banks Tr Co 429.997.000 Title Guar a Tr Co- Common 6,000,000 Debenture notes.. 6,501,482 Trade Bank a Tr co. 4 700,000 i'rnst Co of Nor Am. 4 700,000 Underwriters Tr Co. 1,000,000 ,3,492,745 18,117,711 582,847 8,938,825 306,800 8,192,000 1,160,045 16,452,737 2,000.000 28,847,065 110,626,821 u s Trust co of n y Jamaica, L.I.— Jamaica Nat Bank 174,379 5,172,812 6,140,900 219,301,900 4 409,200 3,926,000 State 25 200 10 100 100 a Institutions e June 29 3.893,689 68,334,643 4,036,350 100,778,358 738,927 25,662.738 100 100 100 50 3** 15 "80" *90" 100 1475 1525 — Sale price. Only outstanding stock of People's Bank A Trust Co. of Passaic, N. pref. stock of the Realty A Security Co. Includes security stock c Oct. 2, March 29, 1939. 1939. outstanding. f Reserves. h Preference B stock. 1,446,623 6,161,735 2** {.?2 is $1 par 10- Nomi nal. Per share. 3 2X 755" t Quotation for the Marine Midland Corp.; none available for trust co. ioL 50 Albany— First Trust Company 41.970.000 60 25 . 122,762 new york 250,000 1,500.000 2.000,000 60 10(1 d Common and preferred stock or capital debentures Mech a Farmers Bk. Nat Com Bk a Tr Co State Bank of Albany 57 8,536,401 4,485,866 6,841,659 250.000 b National Banks June 29 19J 43 Kingston— Woodbury— Woodbury Trust Co 500.000 First NBkofRondout Nat'l Ulster County Bank of Kingston. ♦ 100,000 200,000 100,000 864,053 275,202 478,043 200.000 Ohautauq Co Bk Union Trust Co—. . 631,449 17X 16 25 400.000 Nat 45 30 100 750.000 Farm a Mechanics' National Bank First Nat Bk a Tr Co ... Debentures "a" Debentures "b"._ Nat Bronx Bank 25 100 TrentonBroad St Nat Bank. 977.500 Flrst-Mech Nat Bk. 43,123,000 200,000 Prospect Natl Bank. 200,000 Security Nat Bank.. Trenton Banking Co 1.500,000 Trenton Trust Co.. 41.874,000 ion Merchants Bk of n.y u s Trust co— Common 5,075,909 9,839(237 234 IX 25 n 162,300 64,371 619,281 70,276 172,351 531,526 ex 8 55 Plalnfleld— Plalnfleld Nat Bank. 425,000 Mid-Olty Trust Co.. 4 1OO.000 Plalnfleld Trust Co.. 41,150.000 4 State Trust Co 247.500 400.000 650.000 2 100 5,013,366 47 Ithaea— First National Bank Tompkins Co Tr Op- 14 2,413.439 1 50 I 60 571,948 20 100 8 45 1 267,904 289.283 100,000 42.750 Common.. Preferred Hamilton Nat Bank of Weehawken Liberty National Bk 11,328,737 16,275,305 Kingston Trust Co.. dson— IstNat Bk of Un City Nat Bk of w n y— Guttenberg 2,289,847 i10 1,032,840 State of n y Nat Bk 150 87 100 J 157,300 52,273,974 Rondout Nat Bank. 125 New Brunsw TrCo— Common Preferred 100 100 72** 77** 1550 100 1500 2,139,079 125 j10 100 25 11.278,669 6,744,987 3.131,068 2,500.000 ... The First Nat Bank. sa t Peoples Nat Bk 50 85 Bank of Jamestown— 100 50 50 51,521,633 30,997,919 3,460,812 2,286 582 36,920,841 163,636,544 19,655,934 3,035,006 5,531,346 11,657,859 500.000 S "Ix 1940. 50 100 33». 100 800.000 800,000 5 r 25 10 50 15 1,163.719 10,878,200 7,654,053 1,251,452 840,000 550.000 8,200,000 I 29, 10 154,804 2,286,608 10 8,068,790 97,735,236 6,754,763 165,817,381 (32 X Newark— Bank of Commerce of Lincoln Nat Bank... Franklin Wash Tr Co Mt Prospect Nat Bk. Nat Newark a Essex ! date June m Jamestown— 35 J* 50 3,027,401 1,543,834 225.000 2,200.000 Debentures Common 7,338,155 7,297,847 1,658,587 9,502,850 240.000 ns 29, 1940. 197,400 3,511,300 143,800 3,497,300 83,400 3,469,800 278,400 9,371.100 362,400 6,292,200 6,964,300 120,833,427 6,575,191 55,596.767 50 t Llncoln-e Side n bk 200,000 Mfrs a Trad Tr Co. 5,000.000 Marine Trust Co.... <8.500.000 Elmira— 27 25 25 1 5 2,852,848 200.000 1250 100 3 100 52,724,540 100 Chemung Can Tr Co Elmira Bk a Tr Co.. 3** 2** 30 69,929,461 883,192 9,474,446 10,320,949 8,195,338 Tru st Co. retur National banks June Common _. _ 459,514 100.000 Farmers' Trust Co.. 3 -4" "6" 1 10 1,034,409 636,465 577,447 ank A Lafayette Nat Bank. People's Nat Bank. Brooklyn Trust Co— "Is"" 12 1 "io 100 100 % Liberty Bk of Buffalo 2 20 25 35,979,965 / 25 396,948 460,581 37,771 870,707 500.000 first National Bank. National Iron Bank. American Trust Co.. Morrlstown Trust Co Mt. HollyUnion Nat BkATrCo Brooklyn—State B Kings Co Trust Co._ Buffalo— 51,751,675 100 3,671,682 37** 10,425 230.000 itf 6,098,535 5,844,909 500.000 Bensonhurst Nat Bk 4 Oltlsens Bk of Bklyn I Flatbush Nat Bank. I i* LI 7,501,380 17,289,922 4,070,423 4,489,375 14,082,969 228,067 46,671 " _ 18,717,697 First National BankMarine Midl'd Tr Co i IX 35 3,261,961 33** 68,197 $ 489,970 160,033 Blngh&mton— _ 3 % 3 8 400,000 675,000 400,000 600,000 Nat Bank of Auburn Auburn Trust Co. 4 City National Bank. Camden— Cast OrangeAmpere Bank a TrOo Sav Inv & Trust Co: Auburn— share. Per $ $ Bridgeton— Bridgeton Nat Bank. Cumberland Nat Bk. Ask Bid Par Deposits 650 415 235 20 < Controlled by Marine k Dec. 31, 30, Midland Corp. 1938. 1939. 430'" n Dec. 245 r Preferred stock retirement price, 22 s June 29, 1940. I Last sale, , o March 26, 1940. J. National Banks June 29 NEW YORK Capital State TRUST COMPANIES AND BANKS 108 National Banks June 29 Institutions June 29 Par Deposits Bid Nomi nal. Per 2.800.000 2,000.000 Common 4% Con v. Preferred Central Trust Co— 80,980.347 J2.208.859 899.137 400.000 1 750.000 Capital notes 559.570 S2.160.000 Genesee Vail Tr Co. 1.000.000 2.809.917 Roch Trust A S D Co Common share. _ 17,610.697 300.000 200.000 Capital notes 3.000.000 800,000 Common Capita) notes Schenectady— Mohawk Nat Bank— Jl,148,977 Common "M 20 Common 20 30 34 20 29 33 Schenectady Tr Co.. 1.200.000 Mercb Nat B A T Co 750.000 962,248 710.034 I 10 10 23,040,751 10,965,288 First Trust & Dep Co 1,467.624 e3.987.948 Syracuse Trust Co.. 1,000.000 1.400.000 J 1,147.164 Manuractur Nat Bk. el .400.000 1,502.639 National City Bank. Union Nat Bank... e 600.000 600.000 295.500 959.847 220,917 e Troy Trust Co Capital notes..— First-Central Tr. Co. el ,050,000 inn,onn Goodyear State Bk._ 600,000 Firestone Pk TrAS B 100 Syracuse— Lincoln Nat B A TOo Capital notes Troy— 200,924 Geo. 3 47.345,779 28.538.576 200 3 1 7 21.947.577 < 25 25 12,499.894 6,561,491 16»» 50 4,327,997 11 1.000.000 a Jfc2026 520 2.500.000 Preferred Oneida Nat Bk & Tr 600.000 135.000 Common Preferred j 670,312 25 30 4 5 12 17 060 10,685,792 I 20 1 103.516 396.000 Bk;e Watertown Nat Bk— Common 210.001 99.600 — Preferred j 195,798 Northern N Y Tr Co 500.000 160.000 Common Capital notes J 619,381 N 40 re cent sa 168 | <25 200,000 350.000 108,896 251,051 3,679,840 4,446,106 20 8 12 100 125 150 600.000 267.500 731.771 100 90 970.939 100 2 22 Mt. Vernon Tr Co.— el.050,000 New ttocnelie— 11.980,387 3,261,962 6,339,544 115.000 112,405 383.181 75.842 695,245 2,186,976 4,684,622 1,511,235 14,452.719 229.587 107,779 1,730,910 20 2.543.470 100 Fleetwood Bk (The). e e Central Nat Bank... First Nat Prnk $ 154.659 30ft 000 329.200 Wnsruenot Tr Co e New Rochelle Tr el ,600.000 Ossining— 200.000 First Nat & Tr Co... Ossining Trust Co— 350,000 e Trust Co Capital notes 1 IX Union Sav A L Oo 20 28 10 X 20 50 70 49,087 Preferred 1,602,723 Preferred 4.768.805 50 49,551 121,794 500.000 190,000 Rye National Bank.. Rye Tru^t Co Tarrytown— Tarrytown N Bk & Tr 5.370.805 8 2,064.118 50 8 12 2,196.928 100 60 65 81,015 200,000 10 Common 200.000 8,005,456 100 10 5,405,901 25 19 24 Preferred 150,000 229.331 1,428,222 100 100 90 100 225 240 50 60 2,507,120 4,200,000 5,810 ,716 11,418 306 2,380 ,331 3,420 688 49.192 ,204 19,216 ,433 8,611 ,418 11,344 ,401 77,109 ,399 115.985 ,830 407.789 5,407.898 257.435 380,150 3.703,771 1,167.513 671,143 377,615 10 25 '28" "30' 100 150 100 125 10 100 4 160 85 88 100 88 91 100 230 5' 8H IX 024 40 70 "25X 27 X 80 12 100 2,074,735 Huntington Nat Bk Market Exch Bk Co. Northern Sav Bk... 03.000 Ofto 167.807 168,494 2,653.653 200.000 2'2.336 64,000.000 Fifth Ave Sav Bk Co b 116,767 3.522.486 100.00<> 18 1,000.000 300.000 600 000 5,000.000 0 Ben Fund 160 60 175 72 190 220 20 97 "29" "25 885.036 40,405.826 J100 60 750.001 t 40" 53 55 14.428.073 J 50 14,673.228 22.160,128 9X "25 10 100 130 Own 150 23 25 7,203,039 280,073 510,000 1,212.500 Capital notes 35 "37" C-2 Common t 32 19,442.964 33'. 50 3,061,259 20 14,960,711 50 103.648,869 3.100,960 955.140 442.231 875,195 666,752 1.250.000 I 1,210.000 Capital notes 643,608 Mahoning Nat Bank 01.563,000 Union Nat Bank 1,250.000 2,032,805 of b 18,401,258 Common Tr 100 100 100 824,323 1,500.000 — ToledoCommerce-Guard Bk 22H 20X 10 100 8,291.278 J100 395.177 200.000 1 205.000 740.000 110 10? 78,456^379 Dayton— Merch N B A T Oo— City Tr A Sav Bk— , —- 100 100 31.914 100.000 200.001 15 198.876 I 145 Koungatowu— D«]lar Sav A Tr Co- 118.960 788.000 e Bank.. Peoples N B A T Co: 135 1,600.000 Ctfs White Plains— Oltlxens 100 3,212,608 33.092.563 1,891,421 2,812,546 59.493,811 .1,870,228 1,722,091 Ohio Citizens Tr CoToledo Trust Co.... 15 66,498 Rye— 1,500,800 250.0U0 k 8pitzer-R T A S Bk. Mutual Trust Co 292.316 90 Oolumhus— Brunson Bk A Tr Co Preferred 12 5,383,483 2,736,144 43.433 392.210 176.250 / 142 Winters N B ATrOo 10 Port Chester— 1st Nat Bk A Tr Co. 138 75 Common 100.000 500.000 Common 11 7,992.606 100 73 Third N B&TrOo.. 50 50 485.000 170.000 30,000 Common 8 100 Preferred Wes tehee Co Nat: 270 80 10 100 Common Peekskill— Peekskill N B A T Co 100 161.916 Columbus Saving Bk 3i* 4* 300 100 2.022.674 92,335,703 265.004 Ohio National Bk Vt 145 100 10,054,476 3,139.183 1,446.726 City Nat Bk A Tr Co 1 les 60 100 50 13.800,000 15,926,120 381.908.754 13.300,000 4.000 000 3,065,575 35,537,181 3,183,433 295.368 900.000 Common Union Bk of Comm. 110 27 sa 100 f 20 5,000.000 11,402,139 142.656.783 I 16 7.520.000 2.613.022 100 5*8,451 250,000 100 7,532.265 779.841 4OO.0 »'» 60 5.670.721 148,013 0 477.000 20 5,601,005 183.135,210 9.000 000 100 848,716 57,709 0 180.000 1,486,872 84,873 100.000 Clev Sav A Loan Co Cleveland Bk & 877,015 300.000 0 Equity Sav A L'n Co Lorain Street Bank. National City Bank. North Amer Bk Co Bronxville— Bronxville Tr Co Mount Vernon— First National Bank. Bank The Bank of Cleve.. Tr Co 500 000 « Preferred o Westchester Co— Gramatan Nat 400.000 200,000 183.350 6.000 000 250,000 fion nnn Bank.. 150.000 Nerthslde Bk A Tr Co 0 525.000 People's Bk A 8v Co 1,800.000 Prov 8 Bk A Tr Co. 1,000,000 Second Nat Bank... 500.000 Ss Ohio S Bk A Tr Co Western Bk A Tr Co 01,650.000 5.000,000 Central Trust Co... Ftfth-Thlrd-Un Trust 06,600,000 Common i 10,440.423 National Bank. Central Nat Bank— 35 I 219.465 o re cent 100 2,693,772 18.916,716 4,371,087 11,838,815 328.401 1,304.562 e Guardian Bk A S Co. Nerwoud-Hyde Park Bk A Tr Co Amer Sav's 20 4,223,558 123,048 741,472 Cincinnati— e 5 30,796,583 4,652,219 16,083,449 1,462,692 Cleveland— 25 5,061,437 e Lincoln Nat 29,942,566 Water town— e Bk— D. Barter Bank Atlas Nat Bank Clnn Bk A Tr Co— Columbia Bk A 8 Co First U! 300.000 980 000 415*25 500.000 Bank. National Bank share N Oanron— fflO Utica— FlrstBank & TrustCo — 100 18,610,775 448,500 200.000 1 480.000 | <30 7,445,592 7.676,572 15,808,039 June 29 Per Co First Tr & Sav 1,498.402 o Nomi nal. First 750.000 cent les AkronDime Savings Bk Dime Savings 300.000 re sa 900 100 Citizens Trust Co— 100 25 n N Institutions State OHIO June 29 100 353.614 531,021 Common National Banks 70 700 jlOO I 400.(MH» Common 60 6,430,843 Union National Bans 100 iox 6X 46,986,570 253.590 Preferred 8X 10 281,631 200.000 1 500.000 150,000 First Nat Bk A 25 35,733.372 Union Trust Co: 52 share. 100 2,481,201 1.913.498 7.052.935 3,674.958 172.623 137.217 210,381 212.266 50.000 National Bk._ Tr Co Mercb Nat BkATrOo 29 49 I 10 \ J2,530,057 26 50 17,800,907 32,983,903 Security Trust Co— Common 20 ( \ — Jefferson Co Nat Nat Bank— prices Per $ 175.000 Fargo— Dakota Fargo JLincoln-AUla BkATr Ask Bid Par Deposits Ask Nom. * Rochester— Gross Surplus cfe Profits Capital Gross Surplus eft Profits National Banks June 29 NORTH DAKOTA "25" "30' 750.000 1,710,389 18.068,600 20 Central Nat Bank 350.000 666,138 5,729.163 10 18 22 First National Bank in Yonkers ... Yonkers Nat Bank A 300,000 903,835 9,995.059 10 17 21 Common 150.000 I 331,994 8.458,786 10 h Preferred.. 400.000 County Trust Co Yonkers— State OKLAHOMA Institutions June 29 Nomi nal. Per share. Quthrle— First State Bank. McAlester— 20 2.497.903 1.300,000 100 391,442 316.097 75.000 . 100 225,878 127.000 100.000 First National Bank. Co— Trust National Banks June 29 2,872.116 2.236,234 100 3,126,170 3,621,670 4,976,304 100 100 100 100 200 125 150 100 10 150 200 N Nat Bk of McAlester 100,000 First Nat Bk of McA 100.000 sa Muskogee— Citizens National Bk Commercial Nat Bk First Nat Bk A Tr Co 200.000 k 20n.ftfto 386.555 500,000 300.000 1.200,000 c First Nat Bk A Tr Oo 5.000.000 4.073.215 Fidelity Nat Bank.. Llberty Nat Bank.. 5)0.000 277.843 1.099.491 Tradesmen's Nat 500.000 225.000 4.000.000 20 530.799 759.029 13.849.513 7.582,624 74.838,318 100 100 215 100 300 2.982.863 300 . 305 Oklahoma City— 60.000 499,826 25,528 6,622,167 57,573,043 6,739,117 21,584,930 1,652,242 15,533,875 1,186,432 2.000.000 3.262.034 55.775,625 01.200.000 Oklahoma Nat Bank. 100.000 Rk Stock Yards Bank.. Durham— Cltlsens' 9 Fidelity 9 Nat Bank. Bank Depositors NatT Bk. Durham Bk A Tr Co mylngs Bank Mech A Xarmers BkGreeDAooro— i 150.000 500.000 200,000 81.927 1,187,014 300,000 100.000 210.000 454,853 119,792 54.981 188.257 1,586,615 14,3/8,213 2,283.534 6.830,178 2.090.954 1,105,471 72 78 25 71 74 First Nat Bk A Tr Co 20 25 27 100 40 45 25 25 30 200,000 800,000 Security Nat Bank 100 297,299 512,557 5,286,346 15,087,392 Raleigh— «•••—• 125.000 \ Common. Preferred N it Bk of Oora'erce Bank of Tulsa— Common 10 10 16 17 0 175.000 350.000 600.000 66,102,411 393,429 16,113 19,275,976 25 71 100 125 IfO 200 100 125 28 30 20 40 20 20 m "15 "mm 20 e 100.001 300,000 185.178 789.504 3,136,052 6.859.343 25 30 30 35 35 250 275 d Feb. 0160 0 Common and preferred stock or debentures g Retirement price. 26 I 10 20 100 * — "lio" 31 mm -mm ----- 74 Merger of the First Citizens Bank & Trust Co. of Utica, Bank & Trust Co. that city became 16, 1940 under the latter's title, the newly created First 10 400.000 11,445,276 100,000 245.826 100.000 18.207.278 J100 1160 200,000 2.466.205 t Toledo b inks 25 2,240,911 105,150 132,721 4,142,192 3,455.505 104,541,524 10 200 000 First National Bank. Wachovia Bk A Tr— «4,275.000 11 13 10 15 100 153 17 158 N. Y., with effective on Sept. on a price range basis b Member or the BancOhio Corp. W(n«tnntaUm— City National Bank. 75 210 20 ] lc 1.830,631 Branch Bkg A Tr Co Nat. Bk of Wilson 25.000 750.000 Wilson— — 92,013 2,700 000 13,624,222 Preferred a Common 50 180 100 100 100 6,773.353 1 1 5,025,718 379.006 se / Wilmington People's Sav Bk A Tr Wilm Sav A Tt Co.. 24 50 100 Tulsa— West Tnlsa State Rk First Citizens BkATr 150 250 Fourth Nat Bank— 100 25 53.334 21 les N it Guilford Nai Bank- 300,000 City Nat'l BkATr Co Charlotte— Commercial Nat Bk. Union Nat Bank American Trust Co.. Preferred. 400.000 203.651 470.308 434,693 Nomi nal. Per shore. Aahsville— First Nat Bk A Tr— Hame 100.000 0 re cent 25 1 Controlled by Marine n r Member First Reserves. c Capital Account. / Dec. 30. 1939. 29. 1910. Bank outstanding. h Ir liquidation. Midland Corp. Stock k March 26, 1940. Corp. s Branch of Smithfield, N. C. National Banks June 29 Surplus fV Profits Capital June 29 Par Ask Bta Eugene- PortlandFirst National Bank. 472.146 Capital share. 100 9,046,460 100 300 000 4.500.000 140 44 36 37 Pollthania State Bk. 4herad(»n Bank. St Clair Allentown— Merchants Nat l Bk. Second Bank. Nat 1,879,341 2,090,578 1,356,991 1,025,113 1.000.000 1.000.000 450.000 500,000 Lehigh VaU Trust Oo 14,604,703 9.501,338 5,941,275 7,701.774 100 25 38 35 10 19 22 100 90 Deposit Bk. 200 .000 1.679,598 40,355,357 36.299,505 4,077,461 5,535,905 32,960,086 21,603,931 50 100 100 100 30 2,813.555 50 45 73" 5 ioo 114 2.000 .000 27,695,935 25 80 260,000 400,022 2,615,000 50 25 11,662,981 103,312,308 875.000 409,989 7,647,041 150.000 2,208.478 270,218 20 25% 1.500 .00< 125 .000 100 36 60 75* 60 59 Savings Bank A Trust Oo People's-Pittsburgh Altoona— Tr First Nat Bank— Common....... 337,091 150.000 Preferred 7.036,073 100 287.900 100 Common 490,033 10 4,877,441 South Hills Trust Co Union Trust Co 12 13 95 ioo" Washington Tr Co. West End Bank William Ponn Tr Oo" 10 300,210 100 3.225.636 6 . I Provident Trust Oo. 100 250.000 263.390 249,300 Preferred Central Trust Co Oo Potter Title A Tr Oo 105 Altoona Trust Oo— OOO.(XK 433.715 1,842.019 1.500.000 100346112 299,027,060 500.000 1,365,829 6,289,490 200.000 193.991 1,878,486 ! 175.000 2.176,369 144,851 125.000 5 26% 8 5 80 100 90 100 100 5500 50 105 10 5800 5 50 30 400,000 1,143,959 10,017.720 50 75 1.000.000 1.800.000 300 000 1 170.300 690,188 1,473,601 544,564 2,353,934 7,420,932 21,844,789 4,315,293 18,245,007 10 5 10 10 206,098 5,664,038 167,208 300.000 0 326,680 300.000 64,446 1,383,144 60,943,413 1,638,171 3,242,754 919,626 25 204,531 2,900,236 50 814,914 1,010,670 583,948 4,916,283 17.554,731 2,901,939 188,090 1,963,697 25 Worklngman's Savgs Brie— Bnnk of Erie 200.000 .085.000 169.778 852,238 50.000 .... First National Bank. 51,693 351,192 306,477 Lawrence Park N Bk Marine Nat Bank.. .264.000 Nat Bk A Trust Co.. 300.000 Bank A Trust Co. 1,234,457 15.546,480 868,545 7,557,879 4,481,217 10 100 Common. 300.000 721.850 200.000 Preferred.. Union Bank (The). 100 Union National Bank Berks Oo Trust Co.. 66*3 15 347,006 16.227,022 I City Bank A Tr Co.. Reading Trust Co.. 50 50 101.839 1.797.033 50 a50 Green 396.510 Capital Bk A Tr Co Harris burg Nat Bank 300.000 157,726 483,100 844,013 943,732 32,511 1,425,960 1.448.035 84,567 300.000 Central Trust Oo Citizens Trust Co 400.001 125,000 Dauphin Dep Tr Oo. Harrlsburg Trust Co 400.000 Market St Trust Co. 225.000 400.000 2,966.879 5,248.972 7,426,610 4,996.235 1,208.094 15.838,844 19,289,434 1.350,547 10 4 5 78 50 67 50 10 10 25 37 68' 50 15X Providence Bank.. Scranton Nat Bk—~ - — — «. Common Preferred m 12 41 • — — - mm 17 Lancaster— 200.000 1 25 27 18 21X 23 50 59 63 15 20 22 30 35 25 35' 37" 25 37 41 25 58 8 50 75 50.000 South Side Bk A Tr. Thlrd Nat BAT CoWest Side Bank... 400.000 .000,000 250.000 Common 400,000 6< Mi,000 Fulton Nat Bank Lancaster Co Nat Bk Farmers BkATr Oo 960,588 1,572,557 749.743 Common 57 60 300.000 71.940 I 518.938 11,530,138 20 47 9,249,767 50 103 6,858,272 I 10 13 10 Preferred 62 257.575 1.645,527 3,040,000 City National Bank. dl.100,700 7,248,840 297,456 2,600.000 1.000.000 500.000 600.000 69,141,558 10,005,017 10 4H Philadelphia— Oentrai-Pcnn Nat Bk Corn Bxch Nat Bank & Trust Oo Nat'I Bk of Olnoy Common 108.000 421,855 292 23 X 45H 2,457,824 4,296,474 '~3X \c 160.228 3,427,593 11X Philadelphia Nat Bk 14.000.000 29,247.146 605.087.949 Roosevelt bank..... d 26l,8l8,e 2,355.000 121,967 *9934 Northeast Nat Bank | 200.000 76,741 302.500 197,500 Preferred ] 13 a25 101 25 Second Nat Bank— Common..*..... Preferred 650.000 South Phlia Nat Bk- Common Preferred Tioga Nat bk A TrOo d 200.000 85.000 400.336 7,442.075 } J 195,522 102.260 334 3.300,001 Wyoming Bk A Tr_. d 300,001 Broad Street Trust.. Chestnut Hill T A Tr Citizens & So B & Tr Fidelity-Phlia Tr C Co of Pa Frankford Trust Co. 5,022.400 3,673,939 10H J '~5~X 2,549,003 Real Ebt Tr Oo.. Security Bk A Tr Co. Sonsltaly Bk A Tr Co 100.000 York N Bk A Tr Oo. Guardian Trust Co.. 7K0 nnn National Banks June 29 UH 15X 48 50 10 10 7X 20 25 30 10 16 20 214,242 2,392,859 3,343,815 803,125 10 20 100 100 8,502.394 10 15 1,801,578 5,962.607 6.492.016 5,872,535 4,779.927 8,166,740 10 100 20 25 25 10 953.440 567,242 776.340 1,413,385 ! 's 21 "16" 15 17 188 195 57 36 59 38 57 18 54 X 17 rhode island Nomi nal. Per share. Newport— 400, 000 \ Preferred 25 374,839 6.142,356 632,984 60 300, 000 81,974 469,979 2,809,909 100 150 500.000 175. 000 120 000 30 a25 125 "60" Providence— Blackstone Can Nat. Oolumbus Nat Bank: Preferred. High St Bk A Tr Co Mechanics Nat Bank 33,899,976 2434 26 Common....... 14,239,638 8.187,803 Ltncoln Trust Oo Rhode I Hob Nat Bk. Rhode Isld Hos TrOo Onion Trutft do 8,400.000 17.497.830 270,731.385 750.000 1.203,381 604.029 3.200.000 12.356.830 56.061.683 1,500.000 2.516.003 10.728.940 300.000 362.706 4,097.809 125.000 43,622 1.083,639 25 76 2,001,239 (10 10 120. 000 271,884 1,762,544 50 256,568 5.106,875 / 25 125 848.434 7,975,942 60 50 850, 000 81 12 1° 132 500 Providence Nat Bank Industrial Trust Co. 19,678.114 5,947,450 100,522 367, 500 \ Preferred N&tBank of OomATr Pbenix Nat Bank 11,862.994 6.827,120 1,040.440 111 435 \ 88 565 Common on Penn W'h'g A S D Co Provld<nt Trust 150.000 Newport Trust Co.. Preferred Lives A Grant Ann 190 373.339 39,729 679,603 192,101 518,502 I 190.000 600.000 126,000 226.000 300.000 500.000 500.000 Common Land Title Bk A TOo _ 260.000 ..... Newport Nat Bank.. 1,770,667 11,865 German town Tr Co. 1.400.001 2.219.793 21,563 Glrard Trust Co 4,000.00. 10.398.996 123,551 Industrial Trust Co dl,132.250 C 947.459 11.966 1.875.000 12,267,458 б,500,000 1.000.000 1.312.875 Mitten Bk A Tr Co 1.500.000 645,263 Ninth Bank A Tr Co d2.200,000 664,558 Northern Trust Co.. 600 000 3.166,218 Nor Phila Trust Co. 500.000 1.378,114 75 180 Aquldneck Nat Bank 51,358 ,880 100 3,291 .641 3734 2,754 500. oot Common...... 52 72 York- Common Preferred Drov A M ech N Bk Eastern Nat Bank.. First National Bank Indus N B West Y K. Western Nat Bank.. York Co Nat Bank.. 12X 112.968 400.001 531,193 250,001 c 100.294 1.672 125,000 13,813 680 а. 7oo. oo' 14.860,233 128,450 2.320.000 9,113.612 1.136 Libert} Title A Tr Oo 118 115 50 4X Tradesmen'sNatlonal Bank A Trust Co. 100 40 50 100 25 50 Oent Nat Bk A Tr Co York TV nut Oo 66 Northw'n Nat Bk— ...... 7,642,504 226,582 372,550 225.000 312 227,474 285,859 92.000 250,000 2,596,313 4,968,483 5,616.579 350.000 West Branch Bk A Tr 4h North Broad Nat'l Bk 250.000 WUliamsport N Bk 48 2,428,397 - Bank 39tf 9.832,846 127,139.027 148.749 5.204.415 6.865,996 110,911,496 362.796 10,724,359 4,378.090 40,024,790 2.530,015 15,064,083 Erie National Bank. d 440.000 First National Bank. r1.111 ,uu« Kensington Nat Bk. dl,129.766 Market St Nat Bk 1,000.000 N at Bk of Ger A Tr Co 400.000 9,090,552 1,534,805 23,665.296 15,661,103 4,427,626 Williamsport— First National 4.550.000 25 1,158,789 159,236 5,547,819 2,288.785 316.031 726,297 750.000 200.000 Hanover National Bk Miners Nat Bank Secona Nat Bank... Wyoming Nat Bank. 300,000 IX X Wllkes-Barre— First Nations] Bank 14 W-B Dep A Sav Bk. Northern Bk A Tr Co Penn Co for insur 150.000 \ 178.375 60 11,106,143 20 i 575.000 Preferred Common 7 nx Penna Trust Co- Ooneetoga Nat Bk.. Preferred 200.000 050.000 200.000 Ridge Bank North Scrant Bk A Tr 14 12X 10 25 6 11 Scranton— B 8cranton State Bk First National Bank. H&rrisburg— Allison-East End Tr_ 100 Reading- Security-Peoples Tr- Finance 25 50 ,209,241 ,105.595 513,779 851,688 ,392,700 ,777,672 130,192 ,559,580 a.uoo .001 Oom'wealth Trust Co Dormont SAT Co. Fidelity Trust Oo Manchester 63 50 a25 1,942,958 11,781,402 1,119,210 1.412,800 166.329 50 000 23 17 "16" 50 I 25 25 40 1,881,974 f 103,638 Onion Savings Bank i.ooo nor Western SAD Bank d 490 ,000 Allegheny Trust Co 700 .000 Oolonial Trust Oo.. (13.563 .200 105 share. 100 178,410 784,063 123,435 174,575 200 .000 Union National Bank Allentown Nat Bank 1 141 625 95 .000 200 .000 700 .000 Nor Side Deposit Bk Pitt National Bank Nom nal. Per share 145 135 Per $ 7.500.000 40,344,784 387,736,019 » Bank of America Common Preferred 46 20 Nomi nal. Concluded. Mellon Nat Bank 145 100 6.934.956 117,908,762 5,353,164 475,203 6,298,741 150,565.209 Ask Bid Par Deposits Pittsburgh Mat 3.000.000 Portland Tr A Sav Bk United States Nat Hk Per $ $ 200.000 Cross Surplus Profits Cross Deposits Nomi nal. First National Bank. 109 companies Institutions State oregon trust and banks OCT., 1940] 450, 000 909,013 4,685.112 1,500, 000 2.459.720 14.280.277 100 4.000, 000 10,714.847 119.592,610 100 125, 000 c 217,908 25 1,946.783 2 500 000 3,124,273 59.312.254 *100 5.000, 000 12,022,925 41.908.320 1000 1.000. noo 1,404,244 24,930,048 100 440,000 317,552 3,761,434 385.000 262,603 252.205 800 000 263,200 Union Savings Bank. 150.000 54,453 17 21 118 123 *80 167" 158 33 2200" 2400 6.057.269! 250.000 10 "70" "76" 100 First Nat l Bk & Tr. Nat'l Bank of So Dak Northw't Sec Nat Bk d a "120" 135 145 Woonsocket— Woonsofket Trust Oo d /ioo Pittsburgh— Allegheny Valley Bk 200.000 100.000 239,448 267,185 200 000 104.143 3,182,722 1.456.068 789.707 50 Valley. Braddock Nat Bank. 500.000 971,225 11,350.593 100 5.553.750 56.857.219 Arsenal Bank Bank of Ohio Dollar Savings Bank 50 W Farmers Deposit Nat 6,000.000 11.477,438 109.904.620 100 First National Bank 6.000.000 100 First Nat Co of East IMtts Forbes National 300 000 Bk. 500,000 Fourteenth St Bank. 282 750 Freehold Bank.... Hazelwood BUI Top 7,128,695 117,892.451 Bank A Tr bk (The bank 200.000 200.000 200.000 Homewood Bank at Pittsburgh.. Iron A Glass Dol Sav . .. 454,241 602,528 475.353 994.283 238.481 475,731 6,259,156 9.390.851 3,252.959 1,235.058 1.580,396 2,558,066 Preferred 100 25 50 10 50 165 * Sa!e a Preferred 100,000 200.000 74.852 353,860 1.687.301 4,344,422 50 75.000(} 5,179,105 100 price. stock retirement price. c March 26, 1940. d Common and preferred stock or debentures Dec outstanding. 31, 1938. / Member of Northwest Bancorporatlon. g ..... Per 100 3.955.691 pi 00 10.686.369 fl00 1,417,642' 100 b A mutual savings bank e Keystone Nat Bk— Common 100 Nominal. Siouv FaVs— 10 Oct. 2. 1939. i Dec. 30. * Stock all owned by Rhode Island I Last p sale o New 1939. Hospital Trust Oo. stock. Affiliate of the First Bank Stock Corn. \share. No re cent sa les AND BANKS 110 National Banks June 29 State Institutions National Banks June 29 June 29 SOUTH CAROLINA Capital Gross Surplus & Profits 100 125 110 125 1,320,000 11,121,317 Common 39,224.595 /100 1100 14 16 100 880,000 Preferred. Columbia— First Nat Bk of Ooi. 568,363 10M 10 11 200.000 35,000 167,096 288,411 5,473,862 1,642,094 250.000 200.000 605,015 591,387 6.419.750 4,855,315 20 60 62^ 10 31H 35 200,000 Bank 78,354 2,950,106 20 Greenville— First National share. 11 100 200.000 50.000 Lower Main St Per 10 21,619,007 <7100 6,424,008 100 1,009.000 Bank- Bank— Spartanburg— Com'l Nat Bank Peoples Nat 25 TENNESSEE June 29 425.000 I 225.000 Common Preferred 515,515 1,811,050 Bank. <2,530.000 Knoxville— Bank of 71,103 50.000 200,000 Knoxville— Uomm'l Bk A Tr Oo. < 151.793 1,764,082 679,766 HamlltonNationalBk < 900,000 1.000,000 Park National BankMemphis— First National BankNat Bk of Commerce 66,303 100,000 l,2uu,uui» 1.000.000 Comm & Indust Bk_ 2.561,608 Bank- 60.000 2.337,696 95,171 Union Planters' Nat 1 Bank A Trust Oo_ 3,500.000 5,405,117 State Savings Common 350.000 1 — Preferred Broadway Nat Bank Commerce-Union Bk Nashville Trust Co— 3.000,000 11,624,673 3,150.000 595,553 300.000 982,180 1.000.000 500,000 1 600,007 1.133,300 1.000,000 1,651,751 TEXAS share. 100 260 275 10,023,524 /100 1100 100 47,373,105 155 170 ~I55~" 165" 100 1,805,996 3,558,854 6.25 100 26,645,424 10 14,181,258 175 170 9H 250 10 260 15X 14^ 1,003,525 54,162,987 31,037,363 1,414,372 100 105 285 569,070 300,000 570,750 < 872.840 174,039 125,000 275 8,734,990 100 200 225 10,783,145 1,012,482 50 88 100 100 100 205 80 June 29 77,419.099 10 189,500 6,796,765 19.600,134 100 < 475,000 950,000 i 900,000 491,784 13,535,642 100 62^ 72X <3,100,000 71,771,458 19,190,257 15,140,415 14.764,924 3.511,759 10 20H 21H 750.00U 750,000 1,000,000 300.00U 5,846.826 1,266,307 867,595 1,195,028 271,522 1,500,000 150,000 j 1.029,253 Capital notes < < 1.516,923 100 100 220 100 165 197 207 100 30,474.346 210 100 130 140 112^ 120 1100 National Banks June 29 Institutions Slate VERMONT June 29 Nomi nal. 27J^ 26^ Per Barre— 13 63,200,630 J io \ 100 20 5,571,761 100 10 19 24.141,424 13H ~70" 65 20 606,869 275,667 173,915 110,000 200.000 Tr Co People's Nat Bank— Juarry S Bk A Tr Co Burlington— Chittenden Co Trust < 204.500 491.500 600,000 SewardNatBkATrCo 150.000 Bank Burlington Trnst Co. <1.085.961 tfontpelier— < 407.600 Capital S B A Tr Co First National Bank: 9,687,594 J100 \ 100 100 30,565.765 1® 110' 235 245 • share• 100 100 lioo N 100 1.000.000 961,321 100 N 0 40 re 100 sa cent les 3,015,268 [100 uoo 117,406 2,430,801 1,390,729 100 141,428 2,882,491 1,128,963 100 N 0 re cent sa les "25" "30" 20 100,000 516,201 100,000 125,000 173.447 2,959,185 [100 157,500 162.924 2.245,280 224.306 300,965 150.000 100.000 i 10 1100 100 elOO 100 12,327,109 14,097,798 2,515,791 2,515,257 26,224 100 Montpeller Nat Bank Montp'r S B A Tr Co i Rutland— 'MementNat Bank SUllngton Nat Bank Rntland Co Nat Bk: Preferred Rutland Trust Co 4.169,889 /100 707,985 978,469 76,140 100 100 Liberty State 100 o National Banks rec ent sa Institntions State VIRGINIA June 29 June 29 les Nomi nal. 2o,015.063 20 5,000.0011 10,071,054 130,844,948 20 2,520,400 7.398,859 100 100,000 250.000 Bank— 114,235 292,052 Mercantile Nat Bk— 1,650,000 11,748,694 Common.. 350.000 Preferred Republic Nat Bank-. Nat Bank of Comm. Oak Cliff Bk & Tr Co. Texas Bank & Tr Co: 4.713,214 432,495 117.335 4,000,000 150,000 200,000 125,000 I 40.000 Common Capital notes 103,096 20 655,787 1.668,501 300,000 300,000 El PaBO Nat Bank__ State National Bank Fort Worth- 2,769,299 2.000,000 500,000 Preferred 15,420 Fraternal Bk & Tr Co i 210,000 Union Bank & Tr Co Common 9,532 73,455 ~x453^ ~47^ 215 "45" 30 33 1555 60 66 70 20 46 y2 50 I 20 48H 50 20 390,249 100 ~Io6" 125" Galveston— 200,000 200,000 City National BankFirst National Bank. 490,168 450,996 N 100 750.000 500,000 National Bank U S National Bank-. 440,423 865.677 100 11.772,690 12,405,948 250,000 340,167 0 Common 600,000 100,000 J 601,377 Preferred First Nat Bank- sa Common — Preferred Houston Nat Bk— o Common Preferred Second Nat'l Bank— Nat Bank of Comm. 3,000.000 1,450,000 632,500 367,500 1,000,000 i2,500,000 700.000 I,000.000 Bank Union National Bank South Texas Com¬ 1.500,000 mercial Nat Bank200.000 Fidelity Trust Co— 600,Q00 Guardian Trust Co— II,300,000 Houston Land ft Tr. San Jacinto Nat Bk365,000 Oommon State National |2,030,409 j 281.223 2,102,286 4,703,811 430,310 1.400.000 105.013 477,837 2,167.818 234,824 1,001,417 509,059 d 133.005 43 59,331,603 1100 1100 les 47 13.476.576 1100 75 100 <i9.709.005 75,160 100 100 100 8,513,417 6,106,014 100,000 200.000 583,352 Preferred Common 9.415,181 1100 — Preferred ----- National Bank 213,557 Co__ < 1,105.269 1,000,000 1,269.257 66.095 80,000 k 3.000,000 3.731,088 600,000 Bank of Comm I Central National Bk. State-Plant 153.675 200,000 1,250,000 11.384,099 1,550.000 506,857 200,000 262,836 200,000 s < 895,774 900,000 500,000 Bk. 451,709 1,000.000 800,000 1,786,025 National Banks June 29 340 185 225 404,474 200.000 75,000 1,200 000, 148,513 3.056,466 I 50 \ 50 39.349,811 100 250 123 38 124 10 15>* 38 H 16 2.724.260 2,924.353 10 10 10>4 25 7H 10 6,306.631 50 N 0 1,316,373 2,910,929 100 re cent 100 sa les 10.478.983 24,349,937 802.526 78,985,705 2,430,363 20 37 20 32 4234 36 10 50 20 47 20 32 35 17 19 58,279,562 M2<2 \ 100 25 3,829,840 15 5,073,537 50 6,702,316 . ~72H 27 "36" 70 50 70 100 250 100 5,988,217 28,393,428 5.413,527 100 Institutions State June 29 290 Nomi nal. Per share. 8,000,000 235"" Seattle—First Nat Bk 300 Nat Bk of Commerce ci,500,000 Pacific Nat Bank 2,500,000 Peoples N B of Wash. "145"" 155"" 80 77 85 85 625 Sumitomo B of Seattle 1.500,000 200,000 University Nat Bank 400,000 550,000 7.032,274 4,002,882 1,582,014 942,613 118,014 253,451 567,369 158 168 43 48 34 33 ^ 158 r 163 31 29 - - 58 - --- 61 held Member of First National Corp b Member of First Security Corp. Seattle, Wash., effective Aug. 9, Bank of Kennewick, Wash. The National Bank of Commerce of 30. 1939. e Preferred stock retirement price / Member of Marine Bancorporation, . g Affiliated with the Citizens' A Southern National Bank of h Represents quotation for First Security Corp. of Odgen. i Common and #50 "210" 183,096,694 a 20 88,144,345 / 25 100 28.524,693 20 30,602,796 100 2,770,528 20 6.042.318 50 8.980.797 t Stock of South Texas National Bank of San Antonio, Texas, all by Central Securities Co. with exception of directors qualifying shares. c 1100 1,401,846 240 100 WASHINGTON Seattle- 100 18.717,310 1100 100 360 d Dec. 964.756 3,678,691 36,505,354 19,262,103 2.799.650 Roanoke- 1940 absorbed The First National 500,000 819,400 I 7H 110H 1356 5 BkATr Common 160 5 "270" 285"" 100 6,083,739 4,379.099 Bank- .....— 249,446 93,019 430,000 < Trust Mercb A Farmers Bk Seattle Tr A Savs Bk Antonio— Alamo National Bk: Bexar Co Nat 490.000 250.000 American Nat Bank. Citizena 85 San Common. 103,367 II—/ el 66" tioo 354.477 192.444 276.000 < a Port Arthur— First National BankMerchants Nat'l Bk. 200,000 AmTr Portsmouth- 1125 100 100 1,500,000 150.000 Petersburg— Petersb Sav A Mountain Trust 190 285,000 Preferred 20 100 563.201 964,090 1.018.404 146,432 Citizens Nat Bank.. 180 100 250,000 2,500,000 1141 60 Norfolk— Merch A Planters B1 Nat Bk of Commerci 1 20 34,232,995 56.281,481 10.502,919 35.445,929 100 94,260 100.000 Preferred 100 20.038.737 I 271,793 662,326 3,103.443 107,000 300,000 Mech A Mer Bank.. 50 7,297,139 100 Loan Bank. Houston— Bank. i City National Bank: 4,673,571 4.359.637 Lvncnburg Tr A 8 B. Sav Bank A Tr Oo. Citizens State 514,727 414,506 ComlTr A Savs Bk: First A Mer Nat Bk. re cent Hucchings-Sealy 600.000 500,000 Co Trust share. I 150 100 People's Nat Bank.. Depositors Industrial Consol Bk A Tr Co.. 100 15,464,214 5,127.185 8,242.510 Richmond— 10 1.172,507 619,902 Seaboard Citz N Bk. i 48,572,021 A Per 1.000.000 Southn BkofNorfoll 100 42.494,751 J 37 40 Lynohburg— National Bank Lynchburg Nat Bank First 100 17,793,854 J2.361.056 ,35 j 20 12,347,582 21.805,069 1,304,903 42 "60" "62" 20 2,909,944 463,818 750,000 1.500,000 40 x46V2 38,631,364 I 20 I 20 20 90,295,749 100 7,536,530 El Paso— Continental Nat Bk. First National Bank Ft Worth Nat Bank: 100 85 100 Oommon........ June 29 14,325,816 20,430.471 6.793,306 7,039,290 969,097 3,296,539 share. 100 222,416 150,000 169,800 Preferred Institutions State 3,992,338 2,984,032 2,049,748 613,311 527,420 83,927 423,615 _ m Aft Dallas Nat Bank— First National BankHillcrest State Bank- 175 220 400,000 400,000 200,000 Bank- A Trust < "E5" Institutions State < Common 285 75.000 American Nat Bank. Frost 370,775 578,582 99,203 _ Commercial Sec Bk. First Security BkNA Salt Lake City— Contl Nat B c ATr Go First Security Corp. of Ogden——— First National Bank Utah State Nat Bank Sion's Sav Bk A Tr Utah Sav A Trust Co Walker Bk & Tr Co: 290 100 Beaumont— I A all 100 t— 110 100 Per Capital Nat Bank— Capital stock Preferred stock Jecur St Bk 4,411.147 185 100 Pet share. NomiinaL First National 424,884 UTAH Common-.. National Banks June 29 Austin— American Nat Bank, ftustln Nat Bank— 2,234,886 3,909,640 100 92,557 Merchants Nat Common Preferred Third National Bank 104,308 250.000 500,000 100.000 , Common 100 Nomi nal. Ogden— 13,162,174 260 27.46S.977 June 29 Jranlte S B A Nashville— American Nat Bank "225"" 1,214,651 Institutions Stale 102 elOO 100 100,000 Preferred Nat Bank of Comm. <1,084,000 National Bank ofFort 100,000 Sam Houston < 400,000 San Antonio Nat Bk South Texas Nat Bk300,000 Oommon— Citizens' Nat Bank.. First National BankNational City Bank, share. Per 97 5.570.534 1100 138.032 25 Per 1,240,981 750,000 A Bkg Oo_. Uommercial Nat Bk: Ask Bid Par 8 .$ Antonio (Con cl.) $ Waco— Nomi nal. Chattanooga— Amer Tr Hamilton Nat San Groos Nat Bank- National Banks June 29 National Banks ■ Deposits Nomi nal. 736,111 325,539 44,708 Nat'l Bk Gross Surplus & Profits Capital Nomi nal. Carolina Sav Bank— Merch A Miners Bk, South Caro Nat Bk— State Institutions June 29 TEXAS Ask Bid Par Deposits $ Charleston— Oitiz. A Sou COMPANIES TRUST o 240 s Controlled preferred stock outstanding. F. Meyer interests, r t Reserves. by the Joseph March 26, 1940. .«_ Atlanta, Ga. Utah, class a k March 29.1939. Member Peoples corp. * Ex-dividend. OCT., 1940] BANKS National Bank$ WASHINGTON June 29 Surplus & Profits Capital Spokane— First Nat Bk In Spok Old N B & UnTCo. Common Preferred Old National Corp— Class A TRUST Institutions State 750,000 743.800 June 29 245,008 50,000 200,000 $ Co National Banks June 29 June 29 -- 100 45 24,189.471 1100 \100 t 884",694 8,579",817 100 25 WEST VIRGINIA Bid Ask Nomi nal. Milwaukee (Concl. ) $ Teutonia A ve 8tateBk a 392,300 West Side Bank 400,000 Wisconsin State Bk. 300,000 First Wise Trust Co. 1,000.000 100 23,304,392 8,742,471 Par Deposits $ 104,396 880,825 375,278 786,087 Per 2,606,192 4,798,747 4,903,617 5,884,330 20 share. 8 160 34 100 20 10 200 37 100 .85 .70 1.25 No Cross Surplus & Profits Capital Nomi nal. Per share. '$ 6,876,123 1,066,945 280,690 Taooma— Nat Bank of Wash.. al.375,000 Puget Sound Nat Bk a 730,000 Institutions Stale WISCONSIN Ask Bid Par No ^ 111 Cross Deposits 177,182 J 684,735 COMPANIES National Banks June 29 ~ Class B (voting) Washington Trust $ 500.000 a AND v«rr WYOMING 140 125 20 1833 Cheyenne- Per American Nat Bank. Stock Growers N Bk. suxuj'uTTm 250,000 300,000 423,916 298,311 6,042,950 8,599,451 share 100 100 Nomt nal. Charleston— Per Charleston Nat Bk_. 1.002.500 KanawhaBkg&Tr Co Kanawha Valley Bk. 600,000 1.000,000 Nat Bank of Comm. Centra) Trust Co 200,000 500,000 1,526,180 455,227 1,369,363 134,237 331,222 24,800,256 6,093,171 share. 25 N 100 100 sa Canadian Bank Statements re cent 100 25,440,067 4,006,916 s 1,166.976 o les Returns are all of July 31, 1940. Prices are per cent, not per share. 100 Huntington— First Hunt g Nat Bk Twentieth St Bank.. 1,000.000 105,950 1.491,200 57,757 a 150.000 70,565 1,119,185 100 a 412.605 500.000 500,000 100.000 2,202,533 5,378,306 25 300.000 86,440 750,533 684,167 120,726 819,619 1,800.000 2,939,392 21,544,302 a 17,916,300 12 1,246,335 19 n 50 65 Wheeling— Center Wheeling 8a v Half Dollar Trust & Sav Bank Nat Bank of W Va_. Nat Exchange Bank. i So Side Bk & Tr Co. Security Trust Co.. Wheeling Dollar Save Sc Trust Co National Banks 1103 100 1300 1125 100 150 Per 200,000 Exchange State Bank : Nat Bk of La Crosse. State Bk of La Crosse 299,860 90,030 380,037 183,240 168,364 175,097 Par Bid Halifax- $ $ Bank of Nova Scotia 12.000,000 24,000,000 255,391,611 Per 100 Ask cent. 280 158 ONTARIO Nom inal. 500,000 175,000 400,000 100.000 Cross Deposits June 29 La Crosse— Batavian Nat Bank. Surplus & Profits Capital State Institutions WISCONSIN June 29 1106 100 100 100 5,704,835 1,158,789 5,713,193 NOVA SCOTIA 80 12133 20 1,245,457 20 100 N elOO 100 Per 6,000.000 9,000,000 136,565,063 o 212 100 150 155" 100 180 100 185 187 187 100 100 139 100 100 102" 105 100 160 165 118,644,358 8,000,000 138,411.588 7,000.000 re cent sa cent. 100 Can Bank of Comm. 30.000.000 20,000,000 547,160,999 Dominion Bank 7,000,000 7,000,000 Imperial Bank of Can share. 1833 TorontoBank of Toronto... les Milwaukee— Amer State Bank City Bank & Tr Co. 305.000 : _ 2,975,740 3,794,241 20 24 48 QUEBEC 27 100 55 First Wise Nat'l Bk— Common 7.500.000 17,467,087 250.399.401 1 Preferred 7,500,000 Home Savings Bank. O350.000 193,293 2,630,406 Kilbourn State Bk.. a 150.000 58,289 1,913,004 Montreal— t i— 20 20 Bank of Montreal 'T<T" "18"" Lincoln State Bank: Common Income debentures Marine Nat Exch Bk Marshall & llsiey Bk Mitchell St State Bk. Northern Bank..... Park Savings Bank.. State Bank of Mllw. 50.000 lc 60,426 225.000 2,200,000 2,315,872 a2,925,000 2,155,603 a 596.000 26,512 a 200,000 115,119 a 539,500 140,249 a 550,000 87,063 1,554,120 43,537,020 50,111.310 2,655,103 1,878.531 2,012,384 2,488.680 100 ..... 36.000,000 39,000.000 752,094,521 7.000.000, 5.000,000 125,106,871 1,500,000 750,000 15,785,338 Provincial Bk of Can 4,000,000 1,000.000 44,031,159 Boyai Bk of Canada. 35,000,000 20,000.000 781,868,760 Banque Oanadlenne. Barclays Bk (Canada) 20 39 42 a 2033 23 c « 20 no par stock. * Sale price. Common and preferred stock debenture* outstanding, March 26, 1940. d Oct. 2, 1939. Member of the Northwest Bancorporatlon. s 5 6 t First National Corp. Trust funds. ' All stock held by Old National Corp. Securities Called for The in their Redemption following tabulation indicates alphabetically Corporation bonds and stocks which are entirety. BONDS BONDS Ashland Home Telephone Co. 433% series A due 1961, Nov. 20 at 105. Beaver Valley Water Co. 1st lien & ref. 5% due 1960, Nov. 1 at 103. California Cooperative Creamery Co.— Debenture 63-3% due 1943, Oct. 1 at 102. 1st 6%. due 1948, Oct. 1 at 10233- California Dairies, Inc., sinking fund deb. 633 % due 1942, Oct. 15 at 101. Carolina Clinchfield & Ohio By. 6% due 1952, Dec. 15 at 106. Consumers Water Co. 1st coll. 6% series A due 1946, Oct. 1 at 102. Debenture 533% series A due 1970, Oct. 1 at 102. Dow Chemical Co. 3% debentures due 1951, Oct. 14 at 10233. Gulf Public Service Co. 1st s. f. 6% series A due 1945, April 1, 1941, at 102. Houston Natural Gas'Corp. 1st coll. 6% due 1943, Dec. 1 at 105. Houston Gulf Gas Co. sinking fund deb. 633 % due 1943, Oct. 1 at 101. 1st mtge. & coll 6% series A, due 1943, Oct. 1 at 101. Kelsey-Hayes Wheel Co. conv. Inland Telephone Co. 1st lien deb. 6% due 1948, Oct. 7 at 100. 6% series A due 1948, Oct. 1 at 102. Iowa Electric Light & Power Co.— 433 % series D, due 1955, Oct. 28 at 105. 4% series E, due 1955, Dec. 1 at 104. Iowa Southern Utilities Co.— 1st & ref. 53* % (series of 1935) due 1950, Nov. 2 at 105. 1st & ref. 533% (series of 1925) due 1950, Jan. 1, 1941, Liquid Carbonic Corp., conv. at 1023*. deb. 4% due 1947, Oct. 10 at 104. Miller & Lux 1st at 6% due 1945, Oct. 1 at 10233. 190 i Member 100 20 cent. t Wisconsin Bankshares Corp. 20 20 Per 188 New Haven Water Co. being prepaid (iConcluded) 43^% series B due 1970, Oct. 1 at 105. • North American Light & Power Co. deb. 533 % due 1956, Oct. 2, at 102. Northwestern P. S. Co. 1st mtge. 5% ser. A due 1957, Jan. 1,1941 at 100. Quincy Market Cold St'ge & Whse. Co. 533 % due 1946, Nov. 1 at 102. Richmond Term. Ry. Co. 1st guar. 5% due 1952, Jan. 1, 1941 at 100. Riordan Pulp & Paper, Ltd., 6% due 1942, Dec. 31 at 105. Rumford Falls Power Co. gen. mtge. 43-3% due 1948, Oct. 1 at 10033. 1st s. f. 4% due 1945, Oct. 1 at 10033. St. Paul Union Stock Yards 5% due 1946, Oct. 1 at 103. San Antonio Public Service Co.— 4% serial notes due 1942 to 1943, Oct. 30 at 104. 4% serial notes due 1944. Oct. 30 at 102. 4% serial notes due 1945, Oct. 30 at 101. 4% serial notes due 1946 to 1948, Oct. 30 at 10033. Tide Water Assoc. Oil sinking fund deb. 333% due 1952, Oct. 21 at 105. U. S. Printing & Lithographing Co. deb. 6% due 1950, Oct. 1 at 100. Wadsworth Bldg. 6% due 1953, Oct. 1 at 101. Western Dairy Products s. f. deb. 633 % due 1941, Oct. 15 at 101. Western Massachusetts Cos. 3M% due 1946, Oct. 17 at 10133. Woodward Iron Co. 2d mtge. 5% due 1962, Dec. 2 at 100. STOCKS Diamond Shoe Corp. 633% preferred ($100 par), Oct. 1 at $111.64. United Biscuit Co. of America 7% preferred, Nov. 13 at 110. MONTHLY REVIEW u« DAILY OF RATES FOREIGN EXCHANGE Portugal Argentina Colombia Switzerland Canada France Escudo Peso Peso Franc Dollar Franc Cables Checks Cables Checks Cables Checks SUNDAY HOLIDAY .76Ha22.80 3.85o3.90 22.76 Ha22.79 22.76 a22.79 .77 a22.79 .66 a22.79 22.76 22.65 u22.80 3.86a3.95 .76HQ.79H 3.87a3.95 O22.80 3.92o3.96 .70Ha22.75 3.95o3.96 22.76a22.78H .75H0.78H .76Ha22.79 3.9804.01 022.79 3.9704.02 a22.74 22.70 SUNDAY a22.78 22.75 3.93a4.00 Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. Sept. 22.80 a22.83 ,80 H a22.84 3.99O4.02 22.80 a22.84 .80H«22.85 3.99O4.02 22.82 022.84 ,82Ha22.85 3.98Ho4.02 ,82 Ha.85H 3.99O4.02 022.90 3.99O4.02 Sept. 27. a22.92 22 .89 Ha.92 H 4.00fl4.02 3.99O4.02 No rates No rates 22.75Ha.78H available available 22.76 Ha.78 H .77 022.79 3.98a4.01 22.76a22.78H ,76Ha22.79 3.98a4.01 22.76a22.78H .76Ha22.79 3.98o4.02 .77 a22.79 3.99O4.02 22.76a22.78H .76 Ha22.79 3.99O4.02 22.77a22.78H ,77 Ha22.79 3.99o4.02 22.77a22.78H .77 Ha22.79 3.99O4.02 22.77 Ha.78H .78 022.79 3.99O4.02 ,77Ha22.81 3.99o4.02 SUNDAY 22.76 Ha.78 H 22.77a22.80H SUNDAY 022.85 22.82 22.87Ha22.90 22 .88 22.89 | SUNDAY 022.96 22 ,89Ho22.97 22.89 Germany Sweden I2%al2%% disc't 12Hal2H% disc't 127i8al2 H% disc't Krona 29.77 56.97056.98H 29.77 56.97a56.98H 12%al21i#% disc't 29.77 66.97056.98H 12Hal2H% disc't 29.77 56.97a56.98H 29.77 56.97o56.98H 56.97a56.98H SUNDAY al2H% disc't 13Hal3H% disc't 14Hol3H% disc't 14 H% disc't 15Hal4H% disc't 17Hal6% Cables Checks 39.92 O40.05 23.81 Ha23.87 39.90 O40.00 23.81 023.86 39.90 O40.05 23.80 023.85 29.77 17 al6H% disc't 29.77 66.97a56.98H 56.97o56.98H 17 al6H% disc't 29.77 56.97a56.98H 16Hal5ui»%disc't 16Hal5H% disc't 29.77 56.97a56.98H 29.77 66.97o56.98 H disc't 29.77 56.97o56.98H 16Hal6% SUNDAY 56.97o56.98H 56.97056.98H 56.97056.98H 14Hal3H% disc't 29.77 13Hal2H% disc't 29.77 56.97a56.98H 56.97o56.98H Sept. 28-. 131i60l21i6% disc't 29.77 66.97a56.98H Sept. 29-. Sept. 30.. 14 29.77 56.97a56.98H Ecuador 16Hal5H% disc't . SUNDAY 39.90 o4 0.05 23.80 39.91 Brazil a23.85 81 Chile Bolivia Peso Boliviano Sucre Cables Checks Checks Checks Cables SUNDAY 1. 3. Sept. Sept. HOLIDAY 2- Sept. 023.86 19.37 5.17 3.00 4- 5.01O5.15 5.17 3 00 5 70 5. 5.01o5.15 5.17 3.00 5.70 5.17 3.00 5.70 5.71 3.00 5.70 Sept. 6. 5.01o5.15 19. ,50 Sept. 7- 5.01O5.15 a SUNDAY Sept. 8. 80HO23.86 19.37 al9, .50 Sept. 9- 5.01o5.15 023.86 19.37 ol9, ,50 Sept. 10. SUNDAY o23.85 39.90 O40.00 23.80 39.98 O40.00 23.80Ha23.85 No rates 39.92 O40.00 23.81 Ha23.85 82 023.86 19.37 al9. ,50 Sept. 11. available 39.92 O40.00 23.82Ho23.85 O40.00 23.81 Ha23.86 83 023.86 19.37 al9. ,50 Sept. 12. 39.92 82 023.87 19.37 al9, ,50 Sept. 39.94 O40.05 23.81Ha23.85 82 023.86 19.37 al9, ,50 Sept. 3.0r 5.70 5.01o5.15 5.17 3.00 5.70 No rates 5.01o5.15 5.17 3.00 6.70 available 5.01o5.15 5.17 3.00 5.70 5.01o5.15 5.17 3.00 5.70 5.00a5.15 5.17 3.00 6.70 3.00 5.70 14. Sept. 5.17 13. 15. 81 SUNDAY 39.94 39.94 023.86 19.36Hal9 .50 ,80Ho23.85 19.36 Hal9. ,50 .82 O40.00 23.81 Ha23.85 023.84 O40.05 23.80 39.92Ha40.00 23.81 a23.85 .81Ho23.86 19.36 Hal9, .50 SUNDAY 5.01o5.15 5.17 17. 5.01o5.15 5.17 3.00 5.70 18. 5.01o5.15 5.17 3.00 5.70 5.01 Ho5.15 5.17 3.00 6.70 5.01o5.15 5.17 3.00 5.70 4.98Ha5.15 5.17 3.00 5.70 6.70 Sept. 16. Sept. Sept. .81 Ha23.86 19.36 Hol9, ,50 .82 o23.86 19.36Hal9, .50 Sept. 19. 39.94 023.85 O40.00 23.81 O40.00 23.81 Ho23.85 39.93 O40.00 23.81 Ha23.85 .82 023.86 19.36 Hal9, .50 Sept. 21. 39.93 SUNDAY O40.00 23.80Ha23.85 23 .81 023.86 19.36H®19 .50 39.94 O40.00 23.79Ha23.84 23 .80 O40.00 23.79Ha23.84 23 .80 023.85 19.36Hal9 .50 023.85 19.36H019 .50 O40.00 23.79Ha23.84 23 .80 O40.05 23.80Ha23.85 23 .81 a23.85 19.36Hol9 .50 023.86 19.36 Hal9 .50 023.85 23.80Ho23.86 19.36Hal9 .50 O40.00 23.80 SUNDAY 39.94 39.94 39.95 39.94 O40.00 23.79 20. SUNDAY Sept. 22. 39.94 39.94 Sept. o23.85 23.79Ha23.86l9.36Hal9.50 5.70 5.01o5.15 al9. ,50 80Ha23.86 19.37 O40.00 23.80Ha23.85 disc't al3% Milreis al9. ,50 81 Ha23.87 19.37 80Ha23.86 19.37 56.97056.98H SUNDAY 29.77 19, .50 a 29.77 disc't 17Hal6K% disc't 29.77 al9, ,50 o23.88 19.37 56.97o56.98H 56.97a56.98H 56.97o56.98H 29.77 available 29.77 Sept. 82 29.77 29.77 15Hal4H% disc't Sept. SUNDAY HOLIDAY 29.77 No rates 15Hal4H% disc't Cables Cables 66.97o56.98H 29.77 13 Pengo Checks i HOLIDAY Hungary Relchsmark Checks SUNDAY 1-. 2.. 3-. 4_. 5.. 6-. 7_. 8.. 9_. 10.. 11-12.. Sept. Sept. Sept. 13.. Sept. 14.. Sept. 15.. Sept. 16-Sept. 17.Sept. 18.. Sept. 19-. Sept. 20.. Scpt. 21.. Sept. 22.. Sept.23.. Sept. 24-. Sept. 25-Sept. 26-- .76 Cables Checks Sept. 23. Sept. 24. 5.01O5.15 5.17 3.00 5.02o5.15 5.17 3.00 Sept. 25. 5.01O5.15 5.17 3.00 6.70 Sept. 26Sept. 27- 5.01O5.15 5.17 3.00 5.70 5.02O5.15 5.17 3.00 5.70 Sept. 28- 5.00O5.15 3.00 6.70 3.00 5.70 5.17 , 5.70 SUNDAY Sept. 29. 5.02O5.15 Sept. 30, 5.17 Italy Finland Uruguay Venezuela Peru Japan Hongkong Spain Lira Markka Peso Bolivar Sol Yen Dollar Peseta Cables Cables Cables Cables Checks Cables Checks Cables Cables Cables Sept. HOLIDAY 1- SUNDAY Sept. SUNDAY 2. HOLIDAY 9.13a9.25 5.03o5.07 1.97O2.05 Sept. 3. 65.83 28.00o31.75 16.00 23.43o23.50 22.25a22.56 9.13o9.25 5.03O5.07 1.97O2.05 Sept. 4. 65.83 28.00o31.75 16.00 22.42 HO23.50 22.31o22.62 9.13o9.25 5.03o5.07 1.97o2.05 Sept. 5. 65.83 28.00o31.75 16.00 23.43o23.50 9.1309.25 5.03o5.07 1.97o2.05 Sept. 6. 65.83 28.00o3l.75 16.00 23.43o23.50 22.51a22.87 22.67o23.02 16.00 23.43o23.50 22.84023.05 1.95O2.05 SUNDAY Sept. 7. 65.83 28.00o31.75 Sept. 5.03HO5.07 9.13a9.25 8. 65.83 28.00o31.75 16.00 23.43o23.50 SUNDAY 22.81023.12 9.1309.25 5.03Ha5.07 1.9702.05 Sept. 9. 9.13a9.25 5.03Ho5.07 1.95a2.05 1.95O2.05 1.95a2.05 1.95O2.05 1.95a2.05 Sept. 10. 65.83 28.00o31.75 16.00 23.43o23.50 Sept. 11. 65.83 28.00o31.75 16.00 23.43o23.50 22.69a22.87 Sept. 12. 65.83 28.00a31.75 16.00 23.43a23.50 22.47a22.75 Sept. 13. 65.83 28.00o31.75 16.00 23.43o23.50 22.38a22.62 Sept. 14. 65.83 28.00o31.75 16.00 23.43o23.50 22.29022.50 No rates 9.1309.25 No rates 5.03Ho5.07 available 9.13a9.25 available 5.03O5.07 5.04o5.07 9.13a9.25 5.03o5.07 9.13a9.25 HO23.05 SUNDAY Sept. 15. SUNDAY 22.79 22.28a22.50 9.13o9.25 5.03O5.07 16. 28.00o31.75 16.00 23.44o23.50 5.03O5.07 1.97Ha2.05 1.97HO2.05 Sept. 9.13o9.25 Sept. 17. 65.83 28.00o31.75 16.00 23.44o23.50 22.26a22.56 9.13a9.25 5.03HO5.07 1.96a2.05 Sept. 18. 65.83 28.00a31.75 16.00 23.44o23.50 22.32 H022.62 9.1309.25 5.04o5.07 1.96a2.05 Sept. 19. 65.83 27.75a31.75 16.00 23.44a23.50 22.49022.68 9.1309.25 5.04o5.07 1.96o2.05 Sept. 20. 65.83 27.75o31.75 16.00 23.44o23.50 22.43a22.69 1.96o2.05 21. Sept. Sept. 22. 65.83 27.75o31.75 16.00 23.44o23.50 22.48022.75 Sept. 23. Sept. 24. 65.83 27.505(31.75 16.00 23.44023.50 65.83 Sept. 25. 5.04Ha5.07 9.1309.25 SUNDAY 5.04HO5.07 9.13a9.25 1.95H®2.05 9.1309.25 5.0405.07 1.96O2.05 9.1309.25 5.04a5.07 1.95Ho2.05 1.95HO2.05 1.97HO2.05 9.1309.25 5.04o5.07 9.1309.25 5.04a5.07 27.50a31.75 16.00 23.44a23.50 65.83 27.50031.75 16.00 23.44o23.50 22.66 Ho2215u Sept. 26. 65.83 27.50o31.75 16.00 23.44a23.50 22.71o2215u 65.83 27.50o31.75 16.00 23.44023.50 65.83 27.50o31.75 16.00 23.44023.50 22.94Ha23.25 23.09Ho23.50 65.83 27.50031.75 23.44023.50 23.81 1.97 H «2.05 Sept. 27. Sept. 28- 5.04a5.07 1.97H02.05 Sept. 29. Sept. 30. SUNDAY SUNDAY 22.74 Ha23.05 22.72023.00 5.04O5.07 9.13a9.25 9.13a9.25 65.83 SUNDAY 16.00 o24.12 Philippine Straits Yugoslavia Greece Shanghai Islands Settlements Java Bulgaria India Rumania Lev Dinar Drachma Yuan Dollar Peso Dollar Rui.ee Guilder Leu Cables Cables Cables Cables Cables Cables Cables 3. ,50a.55 1.00 4. ,50a,55 1.00 5- .50a.55 1.00 6. .50a.55 1.00 1.00 9. .500.55 1.00 10. .500.55 1.00 1.00 11. ,50a.55 12. .50a.55 1.00 13. .50a.55 1.00 14. .500.55 1.00 Sept. 2.24H02.35 2.24 H 02.35 2.24 H 02.35 2.24H®2.35 2.24%®2.35 1. SUNDAY HOLIDAY Sept. 2. .65H0.71H .65H0.71H .660.72 Sept. 3. 5.15 o6.00 49.80a491Ju 47.llHa47.62 30.12Ha30.35 53.38 .66a.72 Sept. 4. 5.04 05.50 49.80o49l8i6 47.10 047.62 30.15 O30.35 53.38 .65^0.71 H .66a.72 Sept. 5. 5.15 O5.50 49.80o49,7u 47.10 o47.62 30.12Ha30.35 53.38 .65H0.71H •65H0.71M .66a.72 Sept. 6. 5.22 05.62 49.80a49i:li6 47.10 047.62 30.12Ha30.35 030.35 o47.62 30.13 53.38 49.80a4918i# 47.08 Sept. 7. Sept. 8. 2.24H02.35 2.24H02.35 2.24H02.35 .660.70 Sept. 9. .66 Ha.70 Sept. 10. 2.24 H 02.35 2.24H02.35 2.24H02.35 .65H0.69H .66H0.69H .65H0.69H .65H0.69H .65 Ha- 69 % .65H0.69H ,66a.72 2.24H02.35 2.24H02.35 2.24Ha2.35 16. .50a.55 1.00 17. ,50a. 55 1.00 19. .50a.55 .500.55 1.00 1.00 2.24 H 02.35 20. .50a.55 1.00 21. ,50a.65 1.00 2.24H02.35 2.24Ha2.35 23. .500.55 1.00 24. .500.55 1.00 25- .500.55 1.00 26. .500.55 1.00 27- .500.55 1.00 2.24Ha2.35 2.24H02.35 2.24H02.35 2.24H02.35 2.24 H a2.35 28. .500.55 1.00 2.25Ha2.35 .500.55 1.00 2.24 H o2.35 12. 5.16 05.62 49.80a4918u 13. 5.19 05.62 49.80a4918i» 14. 5.22H05.62 49.80a4918i« .660.70 Sept. 19. 53.38 47.10Ha47.62 30.12Ha30.35 47.10Ha47.62 30.12Ho30.35 47.10Ha47.62 30.12Ha30.35 47.10Ho47.62 30.18Ha30.35 53.38 16. 5.20 17. 5.17HO5.50 49.80a4918i# 18. 5.16 a 5.50 49.80a4918i6 5.20 .660.70 .66H0.69H .65H0.69H .65 Ha. 69 % .66HO.70 a 5.50 49.80a4918u .660.70 Sept. 20. 5.17Ha5.50 49.80a4918ig .65Ha.69 H .65HO.70 Sept. 21. .66Ha.69H .66HO.70 •65Ha.69H .660.70 Sept. .65Ha.69H .65 H a.69 U .66a.70 .660.70 Sept. 26. .65 Ha. 69 % .660.70 Sept. .65Ha.69H .660.70 Sept. .65H0.69H .660.70 •65H0.69H 05.50 49.80a4918i« 30.18Ha30.32 30.18Ha30.32 30.18Ha30.32 30.18Ha30.32 53.38 63.38 53.38 53.38 53.38 030.35 No rates 047.62 30.21 030.35 available 5.12 O5.50 49.80a4918i6 47.08 5.20 O5.50 49.80a4918i6 24. 5.19 a5.50 49.80a4913u Sept. 25. 5.19 O5.50 49.80a4913ie 5.29 O5.60 49.80a49,3u 27. 5.30 a5.60 49.80O4913ib 28. 5.22Ha5.60 49.80a4918n 47.l0Ha47.62 47.l0Ho47.62 47.l0Ha47.62 47.l0Ha47.62 47.l0Ha47.62 47.l0Ha47.62 5.48 49.80a49l8i« 47.l0Ha47.62 30.18 Ho30.35 SUNDAY Sept. 29. 30. 53 38 30.20 Sept. 23. Sept. 22. Sept. 53.38 SUNDAY 15. .65^ 0.69 % SUNDAY 29. 5.24 o47.62 30.12Ho30.35 O30.35 47.llHa47.62 30.13 47.10 47.10Ha47.62 47.10Ha47.62 47.l0Ha47.62 47.10Ha47.62 47.10Ha47.62 .660.70 SUNDAY 22. 5.22Ha5.62 49.80a4913i6 49.80a4918i» Sept. Sept. Sept. Sept. Sept. Sept. Sept. 53.38 SUNDAY 49.80a4918u .66a.70 .660.70 05.62 05.62 Sept. 11. .66a.70 5.22 5.22H05.62 ,66a.70 SUNDAY 15. 30. Cables SUNDAY ,50a.55 8. 18. Checks HOLIDAY 2. 7. Cables SUNDAY 1. 30.17 O30.35 30.18 Ha30.35 30.18Ha30.35 30.20 030.35 30.18Ha30.35 30.15Ha30.35 SUNDAY 05.75 ,