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BANK/QUOTATION RECORD KCS. U. S. 9 MT. OFFICE 1940 AUGUST IN RETROSPECT Page Commercial and Financial Events—. Cotton-- . Course of Stock Market . 1 . —9 13 ... Hides and Leather. 8 Iron and Steel Trade— — Money Market. 14 Dividend Declarations. 12 New Security Issues. Federal Reserve Bank—Brokers' Loans 15 Petroleum and Its Products Foreign Affairs. ... 4 — 17 Foreign Exchange 9 Grain—Coffee—Sugar Securities Called for 7 . Rubber. 11 — — ... — Textiles ■... United States Treasury 9 — 9 _ 9 .... Financing - 11 Redemption..Ill INDEX TO STOCK EXCHANGE QUOTATIONS P*s« Baltimore Stock Exchange. Boston Stock — Exchange...... — Chicago Stock Exchange.... ..... Cleveland Stock Exchange Detroit Stock Exchange— Los — Angeles Stock Exchange . I Page 57 New York Curb 58 New York Stock Exchange—Bonds... 54 New York Stock 59 Philadelphia Stock Exchange 60 Pittsburgh Stock Exchange 64 San Francisco Stock Exchange... 41 19 Exchange—Stocks... 31 ... 61 66 Exchange ... 62 INDEX TO GENERAL QUOTATIONS Paga Domestic — Canadian. P*g* Municipal Bonds— Banks and Trust Companies— ..... Exchange Seats 102 Domestic 111 Canadian 94 84 Public Utility Bonds.... 73 78 92 Public Utility Stocks.. Foreign Government Bonds...... 93 Railroad Bonds Industrial Bonds. 81 Railroad Stocks... 85 Real Estate Bonds Federal Land Bank Bonds. Industrial Stocks Insurance Stocks....... . 100 Investing Companies Securities 72 ... 84 — Mill Stocks—see Textile Stocks— Mining Stocks.. ...... B. William DANA — 71 101 Real Estate Trust and Land Stocks... 85 Textile Stocks 85 ... 85 Stocks.. — 92 United States Territorial Bond*— 92 COMPANY, Street, Corner of 85 — —— United States Government Securities. "ben? 5. WILLIAM 67 ..... Title Guarantee and Safe Deposit Joint Stock Land Banks— Securities 92 .... — . 1940 PUBLISHERS Spruce Street, New York Jfofc gtposit and Jvust Co. BALTIMORE— —OF Capital $2,000,000 Surplus and Profits $4,196,364 gJINCE 1876 this Company has devoted itself exclusively to the management and vation of its It is of conser¬ estates—specializing the whole effort highly trained organization in this business. of one the country which few has trust never companies in the engaged in general banking, selling securities, etc. Its Directors are: Charles H. Babcock A. E. Duncan Edwin G. William L. Galvin Baetjer William G. Baker, Jr. Robert Garrett Howard Bruce J. Edward Johnston George C. Cutler Blanchard Randall Lyman Delano Charles E. Rieman BANK RECORD REQ. Copyright In 1940 by WILLIAM Entered as 8. PAT. OFFICE COMPANY, In office of Librarian of Congress, Washington, D. C. the Post Office at New York, N. Y., under the Act of March 8, 1879 B. DANA March 9, 1928. at Second Class Matter, of his Bank Quotation Record and training and $30 service of the Hemisphere Record is The Bank and Ouotation Central United States Canada; $21.50 in South and Cuba, and $23 in other foreign Territories; $19.50 in Spain, Mexico America. monthly. within the Terms for the Chronicle are $18 per annum and U. S. Possessions and and publication of the companion one Chronicle and is issued of the Commercial & Financial countries. Quotation Record is $12.50 United States extra. Single copies are sold at the Bank and The subscription price to Postage outside of a year. United South La Salle Street. Drapers' Gardens, Smith, 1 OFFICE—Edwards & LONDON E.G. WILLIAM B. DANA COMPANY, Publishers, William Street corner Spruce Street. New York , ' well on the AND youth national of interest review under bill, loomed political horizon since forcing the draft real, with the passed that body on Aug. 28 by a conscription debate Although the lengthy vote of 58 to 31. marking were and service and to pass the appropriation bill. The other im¬ portant measure which the President considers necessary to put the national defense program in full swing—the ex¬ cess-profits bill, with which is combined the provisions for $5,000,000,000 defense of plants and for the removal rushed initial delays and is now profit limitations on national defense orders—was through the House after some Compulsory Military almost Roosevelt had stressed the necessity in far so conference were on President debate the necessary if the measure delayed. The final vote for Aug. 28, but not before the the Overton-Russell amendment which per¬ Senate adopted mits that within two weeks the national defense bill came on of the passage The decision to hold night and declared be seriously would Government to take over factories and facilities to defense if owners prove recalcitrant in meet¬ ing the country's needs, and another amendment which puts a limitation of 7% or 8%, depending private profit circumstances, Yinson-Trammell calls for which is Service men sent of between known 11)40, the as would ages was the produced an the the Selective men, year, a all are things as physical would be subject year's military training. unfitness, to an receive $21 a annual Each of the drafted any one month for the first four months and Senate concurred in the Senate action on went to conference, and the agree¬ in place any 1942, to order the National Guard and the Members of the Hemisphere. Western the National Guard with dependents may resign within 20 days called, but if they do not do so the President after they are empowered to establish gratuities of "bread and butter is 31 President the active into service Profits Excess As for a Bill Tax has been Administration the beginning two sections the vital Passed working the to necessary on by House defense program, the excess-profits tax an to prevent the growth of what the President as has termed "war millionaires." as 60,500 members of year's training, component in the national one measure so are By Executive Order on summoned The Guardsmen will come from 26 States. Sept. 16. „ As signed by the Aug. 27, the bill empowers the Chief Executive, reservists to report for one year's military training Combined with this measure approval of which industry has urged success of the national defense effort and One of these sec¬ for the protection of investors. provides for the amortization or depreciation of the tions plants which are constructed for producing national defense materials over a period shorter than by the Treasury Department. allowed customarily that This is designed to prevent losses from being incurred by industries which build large additions to their plant and then in a few years t lie and Mobilize National Guard After three days of debate the Senate measure until June 30, army and Although there the total of whom must not exceed 900,000 in will cn the of to . new no sion of the and to their with ones emergency. national do the made on stands is After defense orders forthcoming because of a recently-enacted limitation diminution of on profits on airplane leaving the excess profits tax job of preventing unreasonable profits from being defense orders. considered The profit limitation unfair defense industries in and that does it not as it now cover all permit losses on does not orders to be applied against profits on other orders. much redrafting, unanimously agreed upon an by excess-profits measure was the House Ways and Means Committee on Aug. 26 and formally reported on find completed The other section provides for the suspen¬ shipbuilding contracts, some for The President certain about 4,500,000 men Aug. 21 by voting against on Aug. 22 and the Senate on Aug. 23. national only Senate action reported out was approved by voice vote of the House ment on approximately 12,000,000 men in this age group, because of draft a vote of 343 to 33, a bill Training already The House committee, how¬ approved the bill on Aug. 8 by a 71 to 7 vote, and the House, of require the registration called in number of men the strong, with the result that both the House tax bill, between Previously (Aug. 27) the House com¬ restrict to speedily passed it. themselves Burke-Wadsworth of 21 and 31. exemptions for such instance, the House com¬ Opposition to the National Guard bill was neither vocal nor the for extension excess-profits upon As finally approved by the the House, to officially Act action whereas complete repeal. its Senate and Act, materials war latter The Government. all upon bill. Signs Bill Empowering Him President Aug. 23 had expressed his disapproval of the not acted .upon program after after President Roosevelt at a press reached Senate lengthy and for prompt action upon settling the conscription issue it was concerned. as sessions was For concur postponement of the draft until war is declared. the Senate as the month drew to a close held the measure, night sessions with a view to to the to 1,000,000, whereas the Senate had approved ever, the Aug. Training Bill debate, of month a in length, and in a number amendments the Senators approved the 900,000 figure. Guard After Affairs Committee was Military allowances" for their dependents. by the Senate. action awaiting in voted had one year any Aug. 15. amortization of the cost of new House 31, and instead provided for drafting men ing the National Guard for a year's active measure. enlistment before en¬ Aug. 29 refused to limit the draft to men between on by approve revenue-raising a defeated. were the actions refused of temporarily delayed action on other legislation implement¬ national defense program, Congress found time to the bill empowering the President to call out the was considering the conscription bill at the Senate was con¬ opposition was more vocal than the that the measure result Supreme Court the reorganization battle, but in so far as cerned Burke- proposed in the as during the month of the most important and debatable one as the en defense, * conscription Wadswortli issues undergo a to it that wealth voted out of order on Aug. 21 was man-power ground mittee large portion of the a Prior to passage the Lea amendment for conscripting the ages of 21 and 45. Na¬ year's military training in the of compelling question Western possessions of the and Territories the Likewise, attempts to try voluntary 21 OF AUGUST—COMMERCIAL FINANCIAL EVENTS REVIEW tion's as The field of month thereafter. a drafted would be limited to the States, including the Philippines. as mittee The and Meanwhile OFFICE—208 men of the measure, $1.50 per copy. CHICAGO NO. 9 SEPTEMBER 5, 1940 NEW YORK, VOL. 13. U. to the House Aug. 28 under a stringent rule which limited debate to 2 , MONTHLY KEVTEW hours two and three than more amendments all prohibited by the Ways and Means Committee. offered debate after hours except Within started those little a House the adopted, on Aug. 29, by a voice vote, the tax bill, which will 1940 and "over $700,- yield $305,000,000 in the taxable year 000,000" in each of the four subsequent years. As approved by the House, the measure suspends the profit limitation on imposed by the Yinson-Trammell naval and aircraft orders Act, leaving these earnings to share the same fate as all under others the The profits tax. excess second certified by investing in new plant facilities proper govern¬ mental authorities as necessary for manufacture of defense might set aside tax-free earnings materials and equipment period of five years to amortize this new investment. over a None of the Federal tax levies, including both Roosevelt President paid on The third section of the bill is the excess profits period. In urging prompt action on this measure before tax section. a Means Committee joint meeting of the House Ways and and the Senate Finance Committee, Secretary of the Treas¬ Morgenthau indicated on Aug. 9 that the Federal deficit ury would amount to $5,700,000,000. for this year said the that which limit debt The Secretary recently was raised from $45,000,000,000 to $49,000,000,000 "will sooner or later need increased" be to Whether again. such action would be necessary before the end of the current year, he said, "de¬ pends in the first instance Appropriation indicated that he was too busy and reaffirmed took in his own acceptance speech that presi¬ dential duties would preyent him from making a campaign. In speech at Salem, Ore., on Aug. 27, Senator Charles L. a McNary of Oregon, formally accepted the Republican nomi¬ Secretary of Agriculture Henry city, Des Moines, Iowa. home of force defense and necessary As debate. the has been defense would be set up to carries direct establishment was of House, appropriations than more by the House $150,000,000 July 31, on and a the Senate's The army. the total approved this increase being made up of and emergency de¬ carry The measure does not funds or thorize expenditures for training the National Guard 900,000 men The bill who might be conscripted. au¬ the or now goes The agreement conference a between Mr. Mackenzie King of Canada Western In a joint state¬ said: including personnel and material. land and air problems, consider will It bread the in defense of the the sense north half of the Hemisphere. H. Fiorello President of LaGliardia, United States the Mayor of New York City, heads from the Army, Navy and State Depart¬ sit Acts House the board. on Lending Authority of Export-lmport Increase to 183 144 to took also to last month action policy. foreign House The to out the carry 21 voted Aug. on Administration-sponsored the approve Bank $500,000,000 by bill authorizing $500,000,000 in Export-Import Bank loans to in help marketing" Corporation Of this loans to domestic industries Efforts to de¬ by those regarding it as the extension of measure unwise an in¬ $500,000,000 sum plant expansion to meet defense orders. feat the also to the Export-Import Bank while the remainder go would be used by the RFC for for bill The of the Reconstruction Finance $1,500,000,000. by surplus products of of Hemisphere. Western the in the borrowing power creases would "orderly the countries domestic policy of Government purchase of sur¬ of foreign nations plus commodities joint conference committee for adjustments. a of joint board on defense shall commence immediate studies This permanent relating to sea, Congress appropriations for further air defense to after Army in and around Ogdensburg, N. Y., ment the two statesmen President's fense housing. board while the former was inspecting the maneuvers of the First has authoriza¬ contract over agreement joint a deal with the military problems Roosevelt and Prime Minister W. Senate felt, be although two-ocean navy and fully mechanized a 18 Aug. on defense whereby they affect one another. of both nations as reached mutual a Canada with made full approved by the Senate, on Aug. 29, the tions to finance construction of total will program the before the delayed until Aug. 29 because of the conscrip¬ passage was tion considers Senate the that announcement was Pact development in the President's foreign policy $5,133,000,000 appropriation bill—the final approval of national the both passed measures—the three President the which the defense national bill of third Defense Canadian-United States The second ments who will The (Aug. 29) A. Wallace made his speech Democratic vice-presidential nominee in his of acceptance as was days later two and Vice-President, for nation the five delegates Bill the on press confer¬ the stand he Conference of Mayors and National Defense debates Asked at his the President the speed at which the upon progresses." defense program series of public a Aug. 20, whether he would accept this challenge, on ence, these limited amortizing funds, for cor¬ taxable income in their income tax returns over a five-year to issues confronting the Nation. the normal porations would not be required to report such amounts as Mr. Willkie at the same time challenged military training. corporation taxes and the new excess profits taxes, would have to be The Republican nominee also endorsed the principle of selective section whereby corporations of the measure would set up a system for which the country is hopelessly unprepared." a war were rejected before the final vote. Negotiation by States United In month's the Great with Air Britain for Naval President political events there the was under way locations on British and air colonies bases. in In the Western making this from European Another piece of legislation The Aug. 16 that negotiations were whereby the United States would lease strategic in naval for disclosure Signs Bill Permitting American two concrete were developments in President Roosevelt's foreign policy. first and Bases Hemisphere disclosure the tion was hearing the bill which amends the that American ships teed The amendments were passed by by all belligerents. special reference to the Panama Canal." The "negotiations" congressional action being taken became Aug. 20 when the when it on to evacuate refu¬ may enter war zones the House "agreement in principle" the foreign situa¬ on Neutrality Act of 1939 so children providing that safe passage has been guaran¬ gee President said the negotiations were being carried out "with an Ships to Bring Children War Zones Aug. 7 and the Senate on Aug. 19, with final on by the House on Aug. 21 The Presi¬ accepted the minor Senate amendments. British Prime Minister, Winston Churchill, in the House of dent Commons, said that "His Majesty's Government is entirely measure willing European refugee children under 16 years of age was ap¬ accord defense facilities to the United States Presidential Congress was presidential campaign so far as upon these on on 27. Aug. complementary A Immigration and Natu¬ on Aug. 8. President the measures gettting under way at least in the Republican party was concerned. Ind., Wendell L. Willkie on Campaign acting was measure providing for the temporary admission of 200,000 ralization While the proved by the House Committee 99-year leasehold basis." a on to signed In Elwood, Aug. 17, in delivering his speech Signs Bill to Regulate Investment In the words of President Roosevelt, in the Administrations "vigorous program the investor" reached was in Trusts "another milestone" ... when August to protect final congres¬ accepting the Republican party's nomination for President, sional developed his views of both the domestic and international change Commission the power to regulate investment trusts While scene. such as endorsing certain of the New Deal reforms security and utility regulation and social security, the Republican nominee charged that if the New Deal con¬ tinued its method was in danger of Mr. Willkie pledged spending for the of of production." administering these laws the Nation "economic disintegration and dictatorship." himself to replace the philosophy mere In of sake of spending with "the philosophy his discussion of foreign affairs Mr. action and investment counselors was taken. ment was measure bill requires on in statement a The President's com¬ he issued upon sighing As signed by the President, the Aug. 23. investment Securities and Ex¬ trusts to register appropriate in¬ formation with the mitted offer publicly its securities unless it is assured of A to raising at least second part register tion's ments for contained the Willkie agreed with the general outlines of the Administra¬ policy, but declared that the President has "courted the bill giving the upon with No SEC. company is per¬ $100,000 through private subscriptions. of the bill the investment SEC, requires prohibits their services upon investment advisers to them from basing pay¬ capital gains, and bars them by Aug. 1, but when it passed the bill on Aug. 8, inserted a rider permitting the SEC to waive from certain other the House the The bill had been adopted practices. Senate the for Act registration of 1933. of House The House Approves this approved amendment on Conference Report Wheeler-Lea Transportation on conference agreement on the long-considered approved by the House the Senate and House conferees and As it stands the bill would repeal the Aug. 12. which Wheeler7 by transportation bill was reached on Aug. Lea omnibus statutes Government would authorize the RFC to require "land grant" railroads to carry freight and certain make free and troops railroad new private financing where loans The bill would also bring water carriers under is lacking. modified the amendment consolidation of event which provides that in inserted was cannot railroads the change period of four years. The so-called Wadswortli amendment, which prohibited carriers of their status from employees for reducing below rates a where point a they are com¬ rejected. pensatory for the service performed, was Changes in President's Cabinet—Resignations of Postmaster Farley, Secretaries Wallace and Hopkins There or are and Commerce which vacancies Secretaries of Agriculture and will be new Postmaster new a in occurred General the General as a result of President's Cabinet last announced .plans, was accepted by the President on Aug. 8, to become effective Aug. 31. Mr. Farley resigned as Chairman of the Democratic National Committee as of Aug. 17, and Edward J. Flynn replaced him in the latter post. On Aug. 31 the President announced that Frank C. Walker of New York had been chosen as Post¬ with accordance In month. General Postmaster Farley's Also in accordance with previously resigned announced plans, Sec¬ the Democratic nominee for 15, to become effective retary of Agriculture Wallace, Aug. on Claude It. Wickard, Under-Secretary of Agricul¬ since February, 1940, was appointed to Mr. Wallace's Aug. 19. ture Paul H. Appleby, an assistant to Mr. Wallace since 1933, was named to succeed Mr. Wickard. These two ap¬ post. pointments were confirmed by the Senate on Aug. 23. Harry Hopkins, a close friend of the President, resigned his post as Secretary of Commerce on Aug. 24 because of ill health. Mr. Roosevelt has asked Jesse Jones, Federal Loan Administrator, to accept the Commerce secretaryship, It is but Mr. Jones has not announced his position as yet. said Jones would accept the new post Mr. Calls Roosevelt President if he could also his present position. continue in Seditious and States Laws for Acts laws enact Aug. 5 that Congress and "dealing with subversive activities, with seditious acts, with those things which slow break down our common defense program." "These mutual objectives," said the President, "can be reached by up or carefully considering legislation free from the prejudice and emotional haste which characterized much of similar legis¬ during the last war." lation tion was made in The President's recommenda¬ message a read the to Governors and representatives of the States meeting in Washington in cooperation with officials of the Dex)artment of Justice to organize against, "fifth column" activities in the United States. Mr. Roosevelt's message was read by Attorney Robert General conferees on Certain Articles for Use by United States—The House on Aug. 22 passed and sent to the Senate a bill authorizing the President to needed the Jackson, II. who counter-espionage by the Government. also work addressed now the being done Another speaker was J. Edgar Hoover, Director of the Federal Bureau of Investigation. President Roosevelt Coordinates Marketing of Power at Bonneville and Grand requisition machine tools and other materials defense which have been ordered by national for foreign inn-chasers but which have not been exported. House Pusses Bill Authorizing FBI to Conduct Investiga¬ tions Defence Interests and to Permit Wire for National Tapping—On Aug. 6 the House passed a joint resolution to authorize the Federal Bureau of Investigation of the De¬ partment of Justice to conduct investigations in the interest of national defense, and for that purpose to permit wire tap¬ ping in certain cases. Permission to tap wires would be given the Bureau incident to combating sabotage, espionage, and violation of the Neutrality Act, it is stated. Overrides House in vene 253 to 46 the House Roosevelt's Court Aug. 5 voted to override President which would give a State the on of veto Bill Permitting States to Inter¬ Proceedings—By a vote of Veto of Federal Certain bill a involving any abridging any governmental power asserted or exercised by the States. In his veto message on June 10 the President said that he found "no justification for such broad powers of intervention by the States, particularly since the right of intervention given to the United States is limited to cases in Which the con¬ right to intervene in Federal court litigation Federal impairing power stitutionality of an Act is questioned." or of Congress affecting the public interest Edward J. Noble Resigns as Under-Secretary of Commerce—President Roosevelt Service Praises Under-Secretary of Com¬ merce on Aug. 14 and President Roosevelt accepted the resignation with regret. Mr. Noble explained in his letter to the President that he had accomplished the two tasks Edward Noble J. him—to to as organize new a agency Coulee to supeodse of aviation and to revitalize the Department He added that he would aid in the field of the regulation of Commerce. national defense if J. resigned requested. V. Forrestal Named to New Post of Under-Secretary of the Navy 5 the York to be UnderSecretary of the Navy, a newly-created post. Mr. Forrestal, former President of Dillon, Read & Co., New" York invest¬ Roosevelt President sent to Senate the on Aug. nomination of James V. Forrestal of New bankers, has been serving as an Administrative As¬ to the President since June 22. The Senate con¬ ment sistant The new office of Congress last June under the Act reorganizing the Navy Department, which was signed by President Roosevelt on June 20. This the firmed appointment on Aug. 15. Under-Secretary of the Navy was created by Under-Secretary during any time of national emergency, of the Navy includ¬ ing the present limited one. President Roosevelt proposed on Legislatures Congressional Action Authorizing President to Requisition bill authorizes the President to appoint an Congress upon Against State Other House Approves Bill assigned General. Vice-President, cotton, corn, wheat and products. previously resignation . master said to be needed by the Corporation was to finance the 1940 loan program on A regulation of the Interstate Commerce Commission. the $900,000,000 The increase in borrowing power from $1,400,000,000 other period Securities Bill on to 20-day waiting securities under the new Aug. 13. A June 21. on reduce at its discretion the present or 3 MONTHLY KEVIEW Sept., 1940] Dams Welles Named of State Under-Secretary Colonies European minster Sumner Welles, on Special Board to Ad- Western Hemisphere in Under-Secretary of State, has been named representative on the Emergency Committee for the Provisional Administration of European Colonies and Possessions in the Americas, it was announced by States United Secretary Hull Aug. 29. The action was taken under adopted by the Foreign Ministers of Republics at their meeting in Havana on on Havana of the Act the American July 30. R. Kauffman R. Made Assistant Chief of CEA announced Aug. 15 the appointment of Rodger R. Kauffman as Assistant Chief of the Commodity Exchange Administration, effective Aug. 16. The appointment fills the vacancy created Aug. 1 by the promotion of J. M. Melil, former Assistant Chief, to the position of Chief of the Bureau. Mr. Kauffman has had 22 years of experience in the Government service, more than 13 years of which has been in the Department of Agriculture. Secretary of Agriculture Wallace President Roosevelt on Aug. 26 signed an Executive Order coordinating the marketing of power at the Bonneville and Grand N. A. Rockefeller under the Bonneville Power Administration. administration was originally set up as a and Oregon, The Bonneville Appointed Cultural Coulee dams on the Columbia River, in Washington President Rockefeller the Among of Commercial and Americas appointed Nelson A. and cultural rela¬ American republics for the Council of The President named Mr. Rockefeller Roosevelt coordinator between Coordinator Relations on of Aug. 16 commercial temporary agency for the marketing of Bonneville power, but Mr. Roosevelt had announced on Aug. 24 that the tions present emergency required that power from both dams be handled under a single agency. shortly after signing an older creating the office. The appointment also makes Mr. Rockefeller Chairman of the Interdepartmental Committee on Inter-American Affairs. Mr. Rockefeller, President of Rockefeller Center, Inc., New In signing the Executive Order the President expressed that neither Washington nor Oregon would enact any State laws that would prevent municipalities or coopera¬ tives from taking advantage of power created at the two hope dams. Roosevelt Signs Bill Increasing Capital of CCC by $500,000,000 lending signed Yb^k, Defense. has obtained leave of absence from this post to bill authorizing an by by the House on Circuit Court Denies Employer Right to Refuse Job Solely Because Applicant Had The United of $500,000,000 the in of the Commodity Credit Corporation President Roosevelt on Aug. 9. The bill power approved increase was was Aug. 1 and by the Senate on devote full time to his new assignment. United States President The National Union Connections States Circuit Court of Appeals at Boston on Aug. 20 ruled that an employer may not refuse to hire an applicant for a job solely because he is affiliated with a union. The court held that such "blacklisting" would nullify existing prohibitions provided in the National Labor Rela- 4 MONTHLY REVIEW Associated Press Boston advices tions Act. lined the decision The court's who men far-reaching decision—split two to have worked never Aug. 20 out- for one—came N. H., to the pay corporation, as back it ordered to two wages well as offer to as jobs to both. "If with of the union pursue a policy of blacklisting applicants then the other prohibitions of the Labor Act are records, The worth." little free to employers are labor ruled: court "This emphatically does not mean that an employer may not lawfully decline to employ a union applicant any more than does the prohibition against a discriminatory discharge forbid an employer ever to discharge a union "In or man. either the cr on the statutory test is whether the applicant case, i Our laws own international Waumbec Mills, Inc., of Manchester, the on follows: as employee discharged on account of union account of some permissible criterion." rejected was membership or activity, such prohibit sales, that contend law and experts some international in also usage prohibits action of this nature, unless as an act of participa¬ That the Administration conflict. the in tion favorably upon change of our a statutes, would that so look the 50 destroyers could be placed at the disposal of England, was plain during August. The month began with an official espousal by President Roosevelt of the idea that conscription is necessary in the made quite crisis facing the United States. "Selective service training" was the euphemism employed in the endeavor to make conscription palatable. Mr. Roosevelt grave military soon tion followed this by further statements favoring legisla¬ permitting him to call the National Guard into service, and lie indicated also that he aims to ask World War vet¬ Railroads railroads The Oct. an Continue to Low "Grand Circle" Fares for Another will continue for another Year year—until 31,1941—the low "grand circle" railroad fares by which individual can travel by rail from his home to both Atlantic and Pacific coasts thence to the original starting a substantial reduction from standard rates, J. J. Peiley, President of the Association of American Railroads, announced on Aug. 20. point at assist in to erans who the task of policing this country should Senator Claude Pepper of Florida, gained the reputation of being the White House mouth¬ arise. necessity the of these matters, was especially active in the legislation, and in urging the sale of 50 American destroyers to England. Mr. Pepper overshot the piece some on promoting mark, stating by however, that he favors immediate an roads because of the of dictatorial powers to President Roosevelt. The issue of the 50 destroyers was discussed on Aug. 4 by Gen¬ eral John J. Pershing, American Commander of the Amer¬ of operation, when it was used by 32,500 persons. Of that number, 25,000 purchased grand circle tour first-class tickets, that is traveled by Pullman, and 7,500 traveled by ican coach. petency as a naval expert promptly challenged by American isolationists. Colonel Charles A. Lindbergh urged aloofness from the European war on Aug. 4, and promptly was reviled Continuation of These for greatly in towns this plan was decided upon by the rail¬ success attained by it in the first year fares reduced United the States. apply The from plan individual to travel by rail on 6,300 to 8,000 miles, depending an from and the The cities it and possible "grand circle" fare a circle" •gravel to the New York and San Francisco World Fairs to and points of scenic interest throughout the country. Detroit, Mich., Truck Drivers and Platform Men Detroit's cartage strike, which had tied and kept approximately l,S0O idle men Strike Settled 237 companies since July 17, was Teamsters The provides contract new increases wage dockmen to 10c. an will ranging hour for until run July 1, 1942, and 2^c. an hour for from drivers. The work-week will Demands by the union for overtime provisions and vacations with pay were denied. be 52 hours. American in Foreign Policy Throughout the month of August a furious debate raged Washington regarding appropriate measures for the de¬ fense of the Americas, in the event of a complete defeat of Great Britain, and for suitable aid to the United King¬ dom while the European issue remains undecided. The foreign policy of the Administration in Washington seemed to verge leadership toward actual participation in the on conflict great which, has now been in for progress full a year. President several occasions, however, that no Americans will be sent in the European war, and there was little dispo¬ anywhere to take issue with that promise. The taken by Mr. Boosevelt and his associates, on the to Boosevelt has indicated emphatically on serve sition course other hand, seemed to suggest inclinations in the direction of involvement, and a great campaign for American war preparations aroused some uneasiness as to the real inten¬ tions of the White House. that respects, entered the relating to which first the World foreign War, and policy scanned with closest attention. finance this account of economic thus of the United States scrap of evidence Administration was every the For American business and situation proved under review culties before is highly disconcerting, and no developments during the month now complete without a reference to the diffi¬ occasioned. The questions of defense of the United States and of aid Great Britain were inextricably intertwined, owing to the belief in many circles that a defeat of England would be followed by a Nazi attack upon the United States. A few Senators and others combated this view, pointing out that even a victorious Germany would be so weakened by war continent to as extremely make an assault the American upon unlikely. Such statements gained Administration circles. Rightly wrongly, the idea prevailed quite generally that only by little or effort aid credence to Great in official Britain which might verge could this country be spared the horrors of main avenues thus were followed on a acts of conflict. war Two by those responsible for American defense and foreign policy. Heavy additions to defensive arrangements were urged upon the coun¬ try and upon Congress, which voted vast sums for this pur¬ our own pose. Conscription of American males between the 21 and 31 was included by the Administration defense arrangements which it held necessary, most defense the measures conscription step were as ages among of of foreign and although approved almost unanimously, much debate. The second aroused urged vessels, only to have his com¬ stood the affairs. Our Ambassador to Belgium, John Aug. 8, in which opinion that the food situation in Belgium will become desperate this coming winter unless American Cudahy, gave interview in London an on he expressed the aid reaches the country. better than American Ambassador He also represented was soldiers promptly as saying Belgium, and perhaps might recalled was behaved. have the to The United States, and after strong insistence that he was misquoted, the incident was closed. Our Ambassador to France, William C. Bullitt, made a speech in Philadelphia on Aug. 187in which he pictured in rather lurid terms the danger of inva¬ sion faced by the United States. Mr. Bullitt was those who urged the prompt sale of 50 destroyers one of to Great Britain, and his hearers were urged to write their Wash¬ ington representatives in support of the things Mr. Bullitt desired accomplished. It was charged by some Senators that the address official an given out by the State Department as. the propriety of this action was It is noteworthy, finally, that the United States was release, challenged. and transport American Legion army was ordered by the Ad¬ dangerous course through mineinfested seas off Scotland, on a return journey to the United States from Petsamo, in Finland, with almost 1,000 Americans and European war refugees aboard. The ship ministration went been take to a Petsamo north of Iceland, and no explanation has as to why that route was not considered to forthcoming suitable for the return. In bitter about things said were the United the States Senate wilful decision some of the Administration which subjected the ship to needless danger. Fortunately, the return journey of the American Legion was without incident. xlt far the end from and of August the legislation complete, but others well were few a the on empowering the President service was in defense still had been to completion. way call to on measures the National was enacted The bill Guard into was passed and signed. The conscription measure passed by the Senate and sent to the House. Included the bill was establishments provision a in the officials might regard in private hands. it appeared that for event taking of what over of industrial Administration the inadequate results of management as That stipulation complete aroused enactment of the furor, a and conscription bill might be held up for some time while the House debated the measure and the conferees reached some agreement on the final terms. tracts were that the Excess-profits taxes from armaments debated endlessly, but it is generally con¬ agreed proposals advanced in this sphere are beyond the even of experts. Meanwhile contracts began comprehension to be let of the that on the the airplane and other requirements defense program, and it thus appeared American effort was at length getting up steam. Needless to say, measures much of some tremendous taken views no for objections were voiced anywhere to the obvious defense requirements, however differed to as the propriety of the foreign policy pursued at Washington. North of the Like Pershing Thus the debate raged furiously. out especially during August as Administration tendency in the conduct incidents Three to the General by the interventionists. The situation paralleled, in some prevailed spokesmen, that German soldiers behaved well in up ended Aug. 1 with the acceptance of a contract by members of Local 299 of the American Federation of Labor Union. Administration indications fare plan was inaugurated by the April 28, 1939, for the purpose of stimulating on Expeditionary Forces in the first World War. other the immediate transfer of the the starting point on selected. route "grand railroads all makes grant American Defense Among the most startling of the recent .departures from traditionally American foreign policy is a proposal by President Roosevelt for joint United States and Canadian main line of policy measures, with respect to the defense of North America. This proposal by the President was made known almost 50 over-age American destroyers to the British Government. cated, at about the. related to aid for the United Kingdom, and in4 this sphere debate centered on a proposal to "sell" casually at a press conference same on Aug. 16. It was indi¬ time, that leases also were under the in sites of consideration British possessions in the to the United had made con¬ Hemiphere which might be useful States for naval bases. That the President Western with these plans was quickly made clear, question seems to exist as to whether the approval siderable progress but some notwithstanding the constitu¬ approval of treaties. Touring New York State, Mr. Roosevelt con¬ with the Canadian Prime Minister, be asked, of the Senate is to tional requirement for such section of the northern ferred at length some On Aug. 18 the W. L. Mackenzie King. announcement fol¬ board of defense would be set up immediately by the two countries, with respect to sea, land and air problems. The two boards of five mem¬ bers from each country were named on Aug. 23, with Mayor F. II. LaGuardia of New York City as the head of the United States board, while O. M. Biggar took that post in the Canadian section. Other members on either side were military experts in the several fields. The joint board held its first session at Ottawa, Aug. 26, and decided to enter upon a tour of inspection of Canadian defenses. Since the facts of Canadian defense unquestionably are well known to such a joint board, it would seem that little more than a lowed that time of waste permanent joint a is by the tour. implied gravity of such a move by the President is apparent, Canada is a country at war with a The in view of the fact that The delicate question of the position of Washington, in the event of the defeat of the United King¬ dom and a Nazi move against Canada, gained little discus¬ sion. With respect to the Anglo-American conversations on naval site leases, some progress also is indicated. It .would European Power. regarded in England as a step the United States and that country, and the question of an "alliance" gained open dis¬ cussion in the British press. Obviously enough, an "alli¬ ance" would place the United States instantly at war by appear, however, that this is toward closer ties between Prime Minister Winston Churchill referred to the lease question in a report to the House of Commons in London, Aug. 20. He made it clear that the initiative in the matter came from Washington, and that London is not averse to 09-year leases of sites wanted by Mr. Roosevelt, since British interests would be served England. of side the He pointed out that "these two great organiza¬ tions of English-speaking democracies will have to be some¬ what mixed ui) together in some of their affairs for their mutual advantage." London's wish is only, Mr. Churchill thereby. send us a between the peace 1941." At the end of the address the Prime Minister asserted that in his opinion the closer association of the two great democracies would "roll on in full flood, inexorable, irresistible, to broader lands and better days." The Bermuda authorities made it known on Aug. 24 that an airplane base may be made available to the United States in those islands of high added, "that our friends across the ocean would timely reinforcement to bridge the gap flotillas of 1939 and the war flotillas of strategic importance. Latin America Strengthening of the Latin American in in countries, at least remained a primary consideration the affairs of Washington during August, with the pro¬ economic an sense, additional lending powers for the posal for $500,000,000 of Export-Import Bank of Washington up for debate. The an¬ nounced intent is to use that vast amount of lending author¬ in the industrial, agricultural and of the vast sphere from the Rio Grande to Patagonia. After a good deal of acid debate in the House, the bill for this lending authority was passed by the lower chamber of Aug. 21 by a vote of 183 to 144. Even some Democratic members refused to support the ity, if granted, to assist commercial development said would tend to industrialize the agricultural surpluses of the region to the detriment of the United States. On the Re¬ publican side the assertion was made that the bill repre¬ sents an effort by the Administration to buy the friendship which legislation, they Latin America and finance of the The measure did not come up for during August, but it was evident that test faced the bill in the upper chamber. Mean¬ Latin Americas. debate in the Senate a severe 24 that Uruguay had made some proposal for the defense of South America which while, it appeared on Aug. time ago a would United seem bases that to be States quite in keeping with the plans of the Government. The Uruguayan proposal was within that country to all But the Uruguayan idea did not made available be other American countries. to the United States Government, according to a Montevideo dispatch to the New York "Times," and no appeal explanation has been vouchsafed by Washington. Trade with Russia between the United States announced in Washington, Aug. 6, Renewal of the trade agreement Soviet and for Russia the annual was period from August to July, on terms that only slightly from previous arrangements. The fourth renewal of this annual understanding occasioned a little very surprise, in view of the strain in diplomatic relations be¬ Washington and Moscow occasioned by the Russian tween absorption of the Baltic States of Lithuania, Latvia and Estonia, and the disapproving comment of our State Depart¬ ment. In American trade and financial circles, which are becoming more and more of a 5 MONTHLY REVTEAV Sei't., 1940] subject to the whims and fancies of the trade agree¬ capricious Government, extension ment all was action were tiated in the more recent welcome, because hopes for by our authorities in months such have been nego¬ trade agreements Few dim. Washington, in Europe and Asia. Most of the existing commercial understandings have little more than academic interest, for the time being, since almost all international trade currently is subject to war controls. Russia and the United States are the two largest nations of the world still maintaining at least technical neu¬ owing to the exigencies of the trality, and the concern a wars degree of satisfaction can be gleaned from ordinary trade still manifested by the with respective officials of these countries. The exchange of notes between Washington and Moscow indicates that Russia will purchase at least $40,000,000 of period, while the United all the benefits of "most-favored-nation" treatment. Specifically exempted from the most-favored-nation clause are our special arrange¬ American will ments with the in wares States continue annual extend to Russia to Cuba, and our limitation on imports of Soviet coal, both reservations having been parts of former under¬ standings. The Russians found it advisable, on this occa¬ to make sion, a relating to the reservation of their own, embargoes and restrictions on exports applied recently by the United States Government. The $40,000,000 minimum will not be guaranteed restrictions by Russia, it is indicated, if export Soviet organiza¬ render it difficult for should States. This the difficulty of obtaining tools, aviation gasoline and other items of "defense" in this country. In negotiating the renewal it would seem that the two governments ignored the recent Russian expansion through the acquisition of the three Bal¬ tic countries, which normally could be expected to increase their needs in the United Soviet reservation quite obviously related to tions to satisfy the Russian demand for American wares. It is noteworthy, that Russian purchases the other hand, on here have been $40,000,000 annual figure for some time, and have ranged between two and three times our considerably over the imports from Russia, in value. Aerial As the and European reached finally Warfare neared the end of its first year, its anniversary on Sept. 1, Great war Britain and the Rome-Berlin Axis Powers engaged increas¬ This phase of the great conflict may or may not be preliminary to an attempt by Germany at invasion of the British Isles. Military analyses of the situation have tended recently to change with the changing situation occasioned by the German and Italian occupation of almost all of Western Europe, and with the aerial devel¬ ingly in aerial conflict. fell the view was enter¬ the Germans that the Nazi legions would strike against England almost immedi¬ ately. Attempts at an actual armed landing on the English coast would have surprised no one. But in the weeks that since have gone by it has appeared ever more evident that command of the air is necessary if the Germans are to attempt an imrasion of the United Kingdom. Many experts now maintain, moreover, that a German command of the air might make a full military invasion needless, from the Nazi viewpoint, since industrial and other establishments then would be at the mercy of the aggressors. In England, on the o_tlier hand, a quiet confidence in the British ability opments of the Avar. After France tained and sedulously fostered by to hold out and eventually turn the tables on the Nazis ap¬ to prevail, and this is perhaps the most of the European situation at the conclusion pears hopeful aspect of a full year of conflict. Prime Minister Winston Churchill made the British view¬ exceptionally clear in the course of an admirable speech before the British House of Commons, Aug. 20. The speech breathed a note of quiet and inspiring confidence, notwithstanding an incidental appeal for American assist¬ ance. Most of the speech was addressed to the immediate war situation facing the British Isles, but Mr. Churchill also treated somewhat of the French collapse and the neces¬ point sity for the withdrawal of British troops from African maliland. The Prime Minister argued that at least French Colonial Empire might Sothe have remained faithful to the He attributed the the French defection, since the Italians no longer have to contend with French forces. In recent months, Mr. Churchill continued, a verit¬ able "cataract of disaster" had fallen upon England, but that cause of Great Britain and democracy. withdrawal from British Somaliland to period now is passed and much reason for optimism exists as to the future. He contrasted the 92,000 British casualties of this war with the 365,000 British killed, wounded, prison¬ ers or missing of the first year of the original World War. The front now is everywhere, Mr. Churchill pointed out in an extended discussion of the mechanized Avarfare of these days. and "scientific" But the current kind of Avarfare suited to the genius and resources of the Empire, he added. In command of the of the friendship of the United States, fighting Great Britain continues to draw upon the resources of the whole world, it was pointed out. But Herr Hitler now is sprawled over all of Continental Europe, and in order to oust him the British defensive springs now begin to be compressed, he declared. The British blockade of the Continent will be continued, according to Mr. Churchill, who accepted complacently the German declaration of a counteris peculiarly British nation and sea and assured 6 MONTHLY REVIEW blockade of Great Britain. stuffs in are beginning is England, Vast stocks of accumulated food¬ Navy is the stronger than at tary sphere, such the of the conflict, and the merchant marine also dimensions, he said. - There are black days to Mr. Churchill admitted, hut he asserted that British aircraft production aerial fact" fact stands "Blitzkrieg" began Air Force ranged over the seas surrounding Great Britain, and probably managed to sink a few ships, but no concern appeared to exist in England regarding the eventual importance of this form of fighting. German submarines was by Mr. Churchill were, during August a sort of aerial there certain are coastal in points August. which suggest a heavy toll Bombing attacks against British were started on a rather extensive scale After their prodigious efforts in the early conquest of France, however, the Nazis apparently required a good their war i>reparations against the British Isles. The breathing space was well utilized by the British forces, for swarms of Spitfires and Hurricane fighting air¬ planes were ready to meet the Germans, and anti-aircraft deal of time for batteries also developed good deal of skill. a sent aloft to confuse the Reich were weather turned out Great Britain. occasions on to be Balloon barrages airmen, while the fortunate ally of a "full-out" a Whether the Germans attained stage of their aerial against England during August is war not yet clear, but on single days between 1,000 and 2,000 German airplanes endeavored to fly over Great Britain and drop bombs. even The German effort hardly can be extended especially in view of heavy casualties suffered during the month, and a German turn toward night attacks and more, individual means flights toward that the effort the too was end costly. of August possibly It may be that such circumstances prompted the confidence of Prime Minister Churchill in his address before the House of Commons. British ship convoys and the coastal cities of southern England the were opening days month. aerial August, the of Nazi air raiders in the this being a continuance of the fighting reported during much of the preceding On Aug. 15, however, the Germans launched an of sort of targets attack which far outmeasured anything ever seen the world. That date long had been -rumored as Chancellor Adolf Hitler's preferred moment for the move against England. Wave after wave of German in the history bombing and of fighting British defenses on airplanes that thrown were day, and unofficial that at least 1,000 German craft against the counts indicated were engaged in the opera¬ On the following day even larger squadrons of Ger¬ aircraft endeavored to pierce the British aerial lines tion. man British fighter craft planes by the ascended to meet fell in these battles. score the invaders, and Each side claimed losses of the adversary in a ratio of four or five planes lost to every plane admitted lost by the reporting side. The disparity is such that on Sept. 1 the British reported a total for the war of 3,945 German airplanes destroyed ships lost, while the Germans asserted that 6,950 airplanes of their various adversaries had been destroyed with a loss only of 1,050 German planes. No adequate explanation so far has been made of the great against 1,012 of their own disparity in the assertions. That came the Germans were suffering huge aerial losses be¬ clear in the final week of force resorted to August, when the Nazi air night bombing, despite its admittedly in¬ actual warcraft sunk were The British armed merchant cruiser Transylvania, of 16,923 tons, was the principal cas¬ There were intermittent reports for a time that German parachutists had landed in England in numbers, Berlin but shown to scoffed be such ^t baseless. rumors, British which aircraft were ranged finally not only occupied France, Bel¬ gium, Holland and Norway, in the effort to dislocate and German territory, but also over over destroy German military establishments. In particular, the British endeavored to destroy oil plants, since oil probably is the bottleneck of the German war effort. Officially, both after day that military damage suffered entirely unimportant. sides claimed day was In the between Great Britain and Italy the efforts ineffectual, owing to the distance separating the two adversaries. British command of the war of both sides were Mediterranean rather almost was undisputed, as the Italian fleet Each side claimed damage the course of the conflict failed to venture out for battle. to warships suggests that of other, the little real but damage resulted from the occa¬ sional modest forays. Italian air bombers hammered away steadily at the British base of Gibraltar, which is probably no vulnerable to aerial than to more Canal was bombed the at England sent her bombers on few border skirmishes a end of and attacks. damage some On the were sea The Suez August :by the Italians. the Italian industrial centers over number of occasions a by the Italians at Turin. was admitted Libyan-Egyptian frontier reported between British and Italian forces, but Egypt was not attacked by the Italians, who made it clear that they hoped for neutrality by Egypt. Eastern Africa, however, was the scene of a vigorous Italian campaign against British Somaliland, conducted from the Ethiopian territory taken some years ago by Italian in¬ vaders. The small British force in Somaliland found it advisable to retreat in the face of the mechanized advance of the Italians, who finally were able to proclaim their con¬ quest of all of British Somaliland. The British troops were evacuated by the Royal Navy. This, of course, is a rela¬ tively unimportant incident of the great conflict. France in Defeat Efforts toward reconstruction in and drop bombs upon naval, aerial and industrial establish¬ ments. Epic conflicts developed in the air as the speedy few ualty. indications fighters. but by the Reich undersea vessels. nightly raids against German industrial and military cen¬ ters. The extent of this warfare beggars description, and among the aerial effectual, more were the British Isles, with the British resisting the sortees and countering by over sternly on The Ger¬ aerial bombers man assurances that out victory British aircraft poured bombs and retaliated. own the German gun emplacements, from time to time. spirit. Comforting though the the of her outstrips that of the Nazis, with eventually probable. But the "supreme the indomitable British Channel It appears that little damage was done by shelling, but Great Britain set up heavy guns the German now superiority upon which he based his confidence in German firing of heavy guns against shipping from jioints on the as its French coast. of larger come, and England ially noteworthy during August, but was France a were not espec¬ good deal of progress reported toward a return of refugees to the environs occupied portion of northern France. The regime headed by Marshal Henri Retain continued to malEe of Paris and the its headquarters at Vichy, apparently because the German military authorities turned thumbs down on the proposal to establish a government in Paris or at Versailles. Marshal Retain revealed the German objections on Aug. 13, and he added that they were of a "technical" nature. The aged French Chief of State continued to preside over hazard court his hap¬ regime, which pushed without much enthusiasm a proceeding against various unnamed persons respon¬ sible for the entry of France into the preparedness. It war in a state of un- was generally assumed that former Pre¬ mier Edouard Daladier would be the scapegoat, unless inattetrs could be protracted ferior accuracy, and to scattered flights of German airmen over British territory. These are the same tactics which the British steadily have used in their aerial war against German military and industrial imposed by the Germans between the occu¬ pied and unoccupied areas of France, and some grumbling Nazis was their points of importance. previously of use had scorned the British The and highly instructive, in the After the mid-August attacks the German the circumstances. tacics same measures, is activity in the air seemed to diminish steadily, with Berlin that bad weather conditions hampered the Nazi operations. But the tendency on both sides toward the claiming end of the adversary, month and it was appears suffered from such more serious creased to bomb the that both attacks. retaliation, accordingly, Every and with capital seemed move death civilians cities of the London and Berlin and the to invite destruction victims to a in¬ far greater degree than the military forces. Bombs were dropped without much discrimination by the Germans, ac¬ cording to London authorities, and in Berlin the same comment was made with Germans, during the most respect to British activity. The active stages of the aerial combat, were said to be attempting complete destruction of naval bases, harbor establishments, air fields and factories. Their fliers ranged over almost all of the British Isles, but neu¬ tral press correspondents reported as eyewitnesses that only slight military damage had been done. The German authori¬ ties also had neutral press representatives view the conse¬ quences of the British air raids, and the statements like¬ wise were that real military damage was modest. But civilian casualties increased steadily. The war at sea was and there were also a cairied on few fresh with increasing intensity, developments in the mili¬ ment no of longer required silence to the point where popular senti¬ sacrifice of this nature. a A wall was occasioned thereby. Marshal Petain admitted that the "hold the rope and twist it whenever they con¬ sider the armistice accord is not being carried out." To Germans the American press representatives at Vichy Marshal Petain declared that France will remain a republic, whatever hap¬ pens, but he added that discipline is necessary and will be imposed by his regime. The statement left the impression that the aged Marshil is trying to placate both the Nazis and sentiments of his own people. Regulations governing the various sorts of food and drink problems were announced late in August, but the trade of such ports as Marseilles was said to be on the increase. Balkan Just two months after Border Changes Rumania was forced to give up Bessarabia and northern Bukovina to Russia, at the end of June, that Balkan country again found it necessary to accept a drastic revision of its frontiers, this time at the behest of the fascist and Nazi masters of Continental Europe. on Bulgarian claims against Rumania were satisfied Aug. 17, when the Dobrudja was returned to Bulgarian sovereignty. On Aug. 30 a still more important change was announced, in the form of a return to Hungary of a large part of Transylvania, which also was added to Rumania at the end of the first World War. In effect, Rumania was re¬ duced by these successive territorial readjustments approxi¬ mately to the area occupied by that country before the Balkan war of 1912 and the World War. King Carol and was Whether these changes and the upon Balkans even Both bility. dictated were which happen will have any jjermanence depends, the outcome of the were to military im¬ symbolic signifi- J Far overshadowing the of the move, however, was the of the British decision. In effect, from Tientsin and it constituted a much along the lines of the withdrawal the closing of the Burma road to military supplies for the beleaguered Generalissimo Chiang Chinese Nationalist regime of - Kai-shek. This British move lifted Bulgarian delegations arrived at the terms under the watchful eyes of the It provided that the frontier again would be Rumanian and totalitarians. be with¬ surrender to Japan, into still greater prominence the States and Japan, before the latest steps wrere taken by the London Government. The an¬ tagonism of Washington to the Japanese war of conquest question of relations between the United which already was at the boiling point of the Dobrudja settlement that decision cance relative peace and sta¬ Dobrudja and Transylvania settlements by the German and Italian Governments, at the moment to hold almost complete sway the southeastern Europe. in and North China are to 1,500 effectives were involved in the British withdraw completely frdm the territory occu¬ Some portance ordinary times of in Shanghai in drawn. pied, by the Japanese. great European conflict, numberless uncertain factors that beset the of course, upon forces ish accepted the changes because the obvious alter¬ war with countries of immensely superior power. his advisers native 7 MONTHLY REVIEW Sept., 1940] prevailing before 1912. and Rumanians in the Dobrudja given the opportunity to move into Old Rumania. The in China has aroused a similar antipathy in Tokio toward and Rumanians were much the United States, and the British appeasement tends to occasioned the intervention sharpen the Japanese notion that America is the real and of the German and Italian Foreign Ministers, who met with ultimate enemy of the Island Empire. The problem of ad¬ the plenipotentiaries of Rumania and Hungary at Vienna ministering the International Settlement at Shanghai on Aug. 29. The official version indicated that the dis¬ promptly was debated by Tokio and Washington, and mili¬ putants had appealed to Foreign Minister Joachim von Rib-' tary authorities finally made a decision which apportioned bentrop and Foreign Minister Count Galeazzo Ciano to "ar¬ the area previously policed by Great Britain to American bitrate" the dispute. The award handed down on Aug. 30 and Japanese forces, on an approximately equal basis. by the German and Italian Ministers returned to Hungary More indicative, however, is a reported tendency in Japan, about half of Transylvania, and both of the Danubian coun¬ now that Great Britain appears to be out of the picture, tries accepted this decision, which apparently was backed to move for the elimination of Indo-China from the Eastern by the threat of immediate armed intervention in other cir¬ Asian scene. That French possession obviously would be cumstances. In return for the Rumanian acceptance of the helpless in the event of a Japanese ajttack, but the United changes, Germany and Italy were said to have guaranteed the remaining frontiers of that country. There were many States might be interested, and the Japanese probably are restrained only by that consideration. The great East In¬ rumors of possible Russian moves, and also some reports dian islands of The Netherlands constitute an even greater of actual fighting on the borders of Rumania on one side prize toward which Japanese eyes turn ever more avar¬ and Russia and Hungary on the other, but the settlement iciously, but in this connection a definite Washington state¬ dictated by Berlin and Rome seemed to disregard such ment of interest appears to stand in the way. The outcome occurrences. Rumanians in the Transylvanian area to be of this ever more pointed conflict between Japan and the transferred to Hungary were given the privilege of deter¬ United States is hardly to' be viewed with equanimity. The mining whether they wished to remain in their homes as outlook is tempored, however, by the apparent determina¬ Hungarian citizens or transfer to Old Rumania with all tion of the Chinese Nationalists to continue their struggle, their belongings and the proceeds of immovable property negotiations between Hungarians more troublesome, and finally independence indefinitely. for sold in that connection. Steel Trade—Non-Ferrous Greece Various indications suggested, during August, that Greece the next country marked by the Nazi and fascist regimes of Europe for territorial exploitation. The Italian press launched early in August into a vitriolic cam¬ paign of abuse of Greece, and experience indicates that such a campaign might easily be the opening gun in a move for the destruction or diminution of the Greek State. The be well may according to some versions of tendencies, is destined to embrace that portion of the Balkan peninsula now held by Greece and Turkey, and possibly a part of what is now Yugoslavia. It may well be that Premier Benito Mussolini considered the time appropriate in August for a move against Greece, but the move so far has been abortive. Greece, it must be remembered, is largely a maritime State, with an important alliance with Great Britain, and Great Britain holds the command of the Mediterranean. The decisions involved sphere of influence, Italian European recent far from simple, in either the diplomatic or military sense, and it may be that Chancellor Hitler restrained his Italian associate when it finally de¬ with respect to Greece are veloped that Greece was not inclined to accept the dictates of Rome and Berlin. A crisis of the utmost gravity developed on Aug. 15 when warship Helles, of 2,115 tons, was the Greek sunk in of the harbor of the Armaments nationality. unidentified torpedoed and island of Tinos, by a submarine experts subse¬ examination of fragments, that the torpedo wTas of Italian manufacture. But the Italian Gov¬ ernment promptly disclaimed responsibility, and endeavored quently asserted, after to the fix blame It so happens, however, England. upon airplanes attacked Greek merchant vessels at about the same time, and other indications also suggested that Italian moves by Rome against Greece. Premier John Metaxas im¬ mediately made it clear that the utmost resistance would be offered any invader, and he also asserted that the alli¬ ance with Great Britain would be invoked, in the event of an attack. Greek reservists were called to the colors in great numbers, and Italian assertions that Albanian revolts had been stimulated by Athens -were stoutly denied. The result was that Italian moves against off and the peace Greece slowly tapered of Greece was maintained, notwithstand¬ ing the provocation offered that country. It seems however, that the Italian attack will be resumed clear, hereafter] if an opportunity offers. Far East The steel trade expand in many directions from the combined impetus of national defense projects and developments not directly to associated expansionist program entails. At the start of the month authorities appeared to have reached the limit of British concessions to the militant measures detained were British business men in the Far East. sides soon released the soon Japanese, for equal retaliatory taken in London when the Tokio authorities thereafter another astonishing British peasement" of Japan was made known. London War Office announcement, on But both detained nationals of the other, and move for "ap¬ This consisted of a Aug. 9, that all Brit¬ the with diverted from an steel defense program. The scrap market, upward course during the period of rising operations in June and July by a series of upsetting experienced rising prices quite generally during August. Steel buying has added to backlogs, which are topheavy for some products. Another factor in the improve¬ ment is export purchases from Great Britain, and the entry into the market of the automobile industry whose purchases of steel for 1941 model production are growing; also the events, has expansion of railroad purchases. In its issue of Aug. 29 the "Iron Age" stated, in part: "Incoming steel business shows further slight improvement, and some major producers will have booked a greater tonnage in August than in July, a situation which undeniably is invasion to substantial of bolstered by strong resistance England, but which is being supported by 'peace-time' demand from makers of a variety products, such as farm implements of and household equip¬ capacity on structural shapes, and the tonnages involved in impending Government proj¬ ects, many of which are for defense, are extremely large. Fabricated structural steel awards for the first eight months of 1940 are estimated at 1,070,380 tons, compared with ment. Mills are operating at 1,111,375 tons in the corresponding period of 1939. The Navy Department will receive bids up to Sept. 6 on 117,638 tons of steel for stock repairs and new ship construction for the six-month period ended March 31,1941. Base prices on major steel products for delivery up to and including Dqc. 31, 1940, have been reaffirmed. Because of increased demand for hot rolled alloy plates, a base price of 3.25c. per pound, f.o.b. Pittsburgh and Chicago, was set up for this product, which is important in the national defense pro¬ gram." The "Iron Age" composite price of steel scrap was increased from $18.17 a gross ton to $18.63 on Aug. 13, to $19.00 on Aug. 20, and to $19.08 on Aug. 27, which compares with $15.62 at the close of August of last year. The quota¬ tion for finished steel and pig iron remained unchanged, the former holding at 2.261c. a pound and the latter at $22.61 a gross ton, as against 2.236c. for finished steel and pig iron during the month of August, 1939. The operating rate of steel companies having $20.61 for approxi¬ mately 97% of the steel capacity of the industry, according to the American Iron and Steel Institute, was scheduled at 91.3% Diplomatic and military developments in the Far East were most perturbing during August, and fresh evidence thus was afforded of the threat to peace which the Japanese Metals reported that industrial activity continues for the week beginning Aug. 26 (the highest rate week beginning Dec.-4, 1939, when it was 92.8%), since the and compares with 89.7% for the week beginning Aug.' 19, preceding seven-day period; 90.5% for the week beginning Aug. 5, 1940, and 90.4% for the week beginning July 29, 1940. At the close of August, 1939, steel operations were reported to be at the rate of 63.0% of capacity; in the corresponding period of 1938 at 44.0%, and in the same week of 1937 at 83.8%. As to non-ferrous metals, "Metal and Mineral Markets" during the month under review reported in substance as follows: Stimulated by armament activity, consumption of major non-ferrous metals has been increasing. From 1940; 89.5% for the ' MONTHLY REVIEW quotations present indications the combined deliveries of copper, lead with the pressure of soft hide prices, has forced and zinc to domestic consumers will establish a new monthly point where they should prove funda¬ mentally attractive over the long range. Several months have elapsed since the last customary buying spurt in sole down appreciably to a high in August for the year to date. Buying of copper in good volume, sales for the week the domestic market was in 19,332 tons, ended Aug. 27 amounting to as compared with tons 9,314 28; for tons preceding the seven-day reduced 15 points to first the was the basis of 4.85c., New York, which On Aug. 9 the 6. since May price change quotation for lead was lowered again, this time to the basis of 4.75c., New York, but on Aug. 22 recovered to 4.90c. The nearby position in zinc remains firm, with sales by the Prime Western division for the week ended Aug. 24 amount- Zing to 5,530 tons, against 7,314 tons in the previous week; 3,665 tons in the week ended Aug. 10, and 7,415 tons in the week ended Aug. 3. Shipments of the common grades of zinc for the week ended Aug. 24 totaled 5,393 tons as com¬ pared with 5,805 tons in the preceding seven-day period; 6,691 tons in the week ended Aug. 10, and 5,443 tons in the week ended Aug. 3. Undelivered contracts on the books of producers of common zinc on Aug. 24 totaled 61,569 tons. The price of zinc was firmly established on Aug. 15 at 6.89c., New York, as against 6.64c. previously. Demand for tin during the month was quiet and prices eased moderately. Quotations on Straits tin were nominally 50.62*£c., New York, at the close of August, which compares with 52.75c. at July last 31. week The of August 55% approximately of rate tin-plate operations estimated to was of capacity, 70% at the close of July. with duction 9% and Manufac¬ associations covering the softwood mills, lumber pro¬ fraction of 1% greater, and new business were a greater than in the regional hardwood Lumber during the week ended Aug. 24, 1940, was 1% less, shipments the preceding week. Compared with corresponding week of 1939, production, shipments and business were, respectively, 7%, 1% and 35% higher. The industry stood at 75% of the seasonal weekly average new of 1929 production and 80% of average 1929 shipments. Reported production, shipments and new business for the 34 weeks ended Aug. 24, 1940, were, respectively, 7%, 6% and 7% in excess of the same figures for the corresponding period of 1939. For the 34 weeks of 1940, new business and shipments 7% and 4%, respectively, above output. were The ratio of unfilled orders to gross Aug. 24, 1940, compared with 21% stocks was 27% on previous. Un¬ 26% greater than at the same time la^t filled orders were a year gross stocks were 2% less. During the week ended Aug. 24, 1940, a total of 499 mills produced 266,310,000 feet of softwoods and hardwoods com¬ year; bined; shipped 268,929,000 feet, and booked orders of 351,856,000 feet. Revised figures for the four preceding weeks follow: dropped to the lowest level in at least two years in the speculative buying at a time when hedging sales absence of of foreign hides. largest the abroad is showing signs of drying up, imports • 9a/£c. ments with the result that prices at one levels for the year. Faced with with the thought that the already traders unfavorable ex¬ Partly port situation might become worse. as result of a the failure of the German raids to have the feared success, and partly as of result a Government's loan the policy, which kept considerable grain off the market, prices steadied the latter part of the mouth, recovering about half of mid-month As losses. situation the stands and practically no possibility of disposing of it. the outlook for the domestic winter crop was markedly unfavorable last fall, due to adverse weather con¬ surplus ditions then prevailing, the United States Department of Agriculture has revised upward its estimates of this year's production in each monthly report starting with April. of Aug. spring winter and this wheat, bushels, about or would approximate Combined with a year average. from last season of about 284,000,000 bushels, would indicate total supplies during the cur¬ carryover this estimate rent of about 1,015,000,000 bushels. season Domestic needs about 675,0(H),000 bushels, and the United States will have, therefore, approximately 370,000,000 bushels of wheat are available for export during the current season. Around 225,000,000 bushels is considered a normal carryover. Although conditions in two other large exporting countries, namely: Australia and Argentina, are not so favorable this it is thought unlikely that the United States will be year, able to do much of supplies available elimination of export business because of the large an in all and Canada wheat because of the virtual Continental Europe. The July 31 estimate of the Dominion Bureau of Statistics, the 309,649,000 312,714,000 believed this year exports The First National Bank of Boston, in its "New England Letter," under date of Aug. 30, comments upon these mar¬ follows: thus far has been characterized by the cautious placing of numerous small-sized orders as con¬ season the substantial initial contracts with specified before mid-July. custom¬ This circumstance has made it difficult for the trade to forecast output for August which normally is the busiest month for shoe manufacturers. Estimates have ranged 10% less than the record high 40,000,000 pair, or only for August established a year ago. as as Should production turn out to be materially lower, however, prospects for the remainder of the season would be im¬ proved and the trade might conservatively look for further improvement in the next few weeksf Retail sales of foot¬ to war, 8% below a year ago. Distributors' stocks healthy condition and the prospect of rising industrial employment and payrolls points to sustained shoe factory operations for some time to come. "Tanners report a spotty season hand-to-mouth buying. stepped up Some marked by fairly steady manufacturers their operating schedules of upper the but prices subsequently have been forced lower by decline satisfactory. in^raw materials. early in Sole leather has been less A moderate accumulation of stocks, together placed the has much so at both- Canada to Continental that to the and dispose of 301,000,000 surplus As bushels. have 87%, a crop the of that of there fact, is an Were it not for the room. United is bushels, and about 100,in the huge matter a available wheat some only to amounts exiwrtable 668,000,000 able States would doubtless their wheat through sales Europe. Broomhall estimated last month production of Italy, Spain, Rumania, combined Jugoslavia, Bulgaria, Hungary and Greece would be 685,season as against 865,000,000 bushels last year. Despite the pleas of some influential Americans, 000,000 bushels this England's attitude seems to be that relaxation of its any blockade to permit Continental wheat imports would serve to aid its In the face of the unfavorable statisti¬ enemy. cal situation, price declines have not been so severe as they might have been, because of the large amount of wheat which is going into loan. The Agricultural Marketing Serv¬ ice has record or of consumption be 000,000 pairs, are estimated to be in a of would last year, or about 467,000,000 Canadian wheat in Canada and as is Canada that increasing scarcity of storage loan accordingly States bushels, Canada meanwhile have held up favorably in terms of output which for the first seven months has totaled about 225,- wear big Carryover as United 000,000 , indicate to domestic amount Hides, Leather and Footwear As the Department estimated that the total crop, 1, 761,060,000 as 263,995,000 are the now, Although 322,354,000 297,608,000 520 the lowest the increasingly unfavorable domestic and world statistical values moved irregularly lower during the early part of the month, breaking rather sharply when the Ger¬ man aerial "blitzkrieg" over England served to impress 268,841,000 254,332,000 267,658,000 267,566,000 July with an outlook, (Feet) 502 summer, again pursued an bushels. leather not narrow, were reached time (Feet) 268,438,000 271,547,000 257,650,000 arily domestic markets in wheat irregular trend during the past month, although the move¬ Shipments 512 "The fall shoe at Grains Prices for (Feet) 507 trasted cows pound in Chicago in the belief that top-quality hides at those new low levels for the year may be summer Orders Received 1940 as light native 9%c. and northern at steers per good property." Production 27, 1940_ con¬ so Tanners meanwhile have been moderate purchasers of heavy native ATo. of Mills Aug. 10, 1940 Aug. 3, 1940 kets the prospect of long as the European markets are re¬ stricted constitutes an important uncertainty in the outlook. tinued was Aug. 17, substantial purchases Net imports of cattle hides in June were since August, 1933. While their flow from by traders against made been have which stated that the condition of the spring crop was Week Ended sea¬ Hide futures contracts have getting under way. was Hie * to the National Association from of tered in late June and early July as the current shoe son United States is confronted with a rather large exportable According to reports operations about to be improving on seems has lost the entire gain regis¬ "The domestic hide market in Lumber Movement turers the be at the rate of compared as during Sentiment already prospect of Government buying. the period; 8,997 tons for the week ended Aug. 14, and 4,979 tons for the week ended Aug. 7. On Aug. 7 the price of lead was seasonal demand is believed to be further so developing. Aug. 6. Total copper sales for the month to Aug. 27 were 55,530 tons, which compares with 58,623 tons for the full month of July. On Aug. 7 the large mine operators re¬ duced the price of copper to 11.00c., Connecticut Valley basis, after holding to 11.50c. since Feb. 20. Domestic sales of lead were fair and totaled 6,313 tons for the week ended Aug. and leather for the preceding week; 13,168 tons for the week ended Aug. 13, and 16,989 tons for the week ended 12,549 reported stocks that up to the middle above last year's rate. that total the of the month the approximated 60.000,000 bushels, a figure well of loan of It is believed that this presages a wheat "free" this with season, the result will not be great. Obviously, this artic-ifial restriction of supplies will serve to support prices for the time being at least. Corn prices lacked a definite trend last month, most of the movements being irregular and within a comparatively narrow ranga Compared with wheat prices, the quotations for corn are pressure relatively high. Supplies of the old Government loans, bushels below supplies last while the year's new crop, crop crop are restricted by will be 371,000,000 according to the Depart% of Agriculture's ment in less or the strong as that wheat, as did rye, although month-end recovery of the latter was not so In Chicago the December wheat option closed on 76%c. on. Aug. 1. At Winnipeg the October wheat option closed on Aug. 31 at 73%c\, the same as the opening on Aug. 1. De¬ cember corn in Chicago closed on Aug. 31 at 57%c., com¬ pared with an opening of 58MjC.@58%c. on Aug. 1. December oats closed at 29Vic., compared with an opening of 301/£e. on Aug. 1. December rye closed at 41M>c. as compared with Aug. 31 at 75%c.@75;M..c., as against an opening of opening of 46%c. an on Aug. 1. Sugar Prices in the "futures" continued their market for sugar registered new the Cummings bill, softening trend- during the past month and seasonal lows. The delay in Congress on which will extend the Sugar Act through 1941, and the in¬ tensification of the war abroad were among the depressing factors. The slow movement of refined due to the uncertain future raw awaited the in sugar The longannounced on easiness. quota was action taken by Secretary of Agriculture The quotas for the remainder of the current calen¬ under Wallace. dar with the result that the market likewise developed reduction 20 Aug. refiners to hesitate, caused sugar year cut were a total 13(3,383 of This action tons. prompted speculative buying and covering by shorts, under which several when The advance was soon lost, however, prices rallied. repercussions developed. Many in the trade the reduction of only 130,383 correct the adverse supply position, while selling pressure developed from Cuba by pro¬ tons opinion the expressed not was wanted to Sentiment, that large, enough to who feared ducers market that another cut their sugar however,* was would follow and who before such altogether not eventuality. an bearish. With Washington admitting that prices were low, and that if they should sag further a study of the consumptive trend in rela¬ tion to available the better supplies would be necessary, a change for expected in some quarters. Sales of Cuban during the month consisted of the following, all exclusive of duty: On Aug. 5, August shipment at 1.78c. raw was sugar delivered; on Aug. 9, afloat at 1.75c. delivered; on Aug. 12, August shipment at 1.75c. delivered; on Aug. 15, September shipment at 1.72c. delivered; on Aug. 27, September ship¬ at 1.83c. delivered, and on Aug. 29, October shipment at 1.76c. delivered. The wholesale price for refined, imme¬ diate delivery, was quoted at a range of 4.20c. to 4.35c. ment Textiles The trades, after early hesitation, gave definite signs of broadening activities. Retail trade benefited from the early advent of cooler temperatures which the purchase of early fall merchandise by consumers, and also Coffee downward response to special promotions Other favorable factors were the further increased employment figures in industrial centers, and the public's covering of requirements for back-to-school purposes. Wholesale business failed to fully reflect the improvement in retail sales, as most jobbers continued their hand-to-mouth buying policy, partly influenced by concern over war developments and their possible influence on fall business conditions in general. Raw cotton in August, after continued trend be to characterized the chief market the for Closed European depressing factor. It pointed out that the overproduction of coffee, serious enough without the loss of a market for 10,000,000 bags annually in Europe, was now beyond any hope of redemption or at least until there was a change for the better in the Naturally, prevailing situation. an early end of the Euro¬ further drastic control measures by leading producing countries would alter the picture. In the mean¬ time, demand from roasters remained apathetic, they con¬ tinuing to make purchases on virtually a hand-to-mouth pean war or 'basis. No. 7 Santos on July was quoted Aug. 30 at 57/8c.@6e., against 31, June 29, May 31 and April 30; 6%c. March 30; 6!/>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; 6%c.@7c. Sept. 30, and 6%c.@61/£c. Aug. 31. No. 7 Iiio was quoted on Aug. 30 at' 5^0., against 5*4e. on July 31, June 29, May 31 and April 30; 5%c. March 30; 5%c. Feb. 29; 5%c. Jan. 31; 5%c. Dec. 29; 5y4c. Nov. 30, the same as on Oct. 31 and Sept. 30; 5%c. Aug. 31. 6%c. satisfactory a early steadiness, resumed its slow downward trend, but late in the month displayed slightly steadier undertone. a t he official crop estimate released on an output 11,429,000 of bales for While Aug. 8 and estimating the current ex¬ season, ceeded private predictions to some extent, its influence was counteracted by the subsequent announcement of the Gov¬ ernment loan rates the on points higher than last on the other aspect of export cutting off of all but and new year* situation, in view of the temporary very few important foreign outlets, a with actual current exports tion of from last the will year's outward Southern predictions belt in the of a a period more totaling only remained the largely next a small frac¬ Weather movement. that made were probably show Late cause ranging from 21 to 35 crop The chief depressing factor, hand, was the continued extremely unfavorable the substantial increase reports favorable, Government over and report last month. steadier trend developed, partly be¬ favorable interpretation of the war news a and tlie ensuing improvement part as a in security markets, and in result of better reports from the domestic cloths markets reflecting the quickening movement of finished goods in distributive channels. The announcement of much higher export subsidies on cotton products also exerted a steadying influence, although the volume of trading con¬ tinued very narrow. Spot cotton here in New York was 10.17c. Aug. 1. After declining to a low of 9.65c. Aug. 27, the price rallied to 9.71c. Aug. 31. Business in gray cloths, early in the month, experienced some intermittent buying subsequently lapsed into dulness. Later, how¬ ever, trading assumed a much more confident character, and during the last week of the month some forward buying by users got under way, reflecting in the main the stimulating effect of the continued large purchases by Government agen¬ spurts, but Fall River stood 3 at the defense program. 28-inch for throughout the month. "futures" during the past month. markets was price caused stimulated staged during the month. at A textile cies in connection with throughout the month. coffee I Oats moved more Aug. 1 estimate. sympathy with of wheat. 9 MONTHLY REVIEW Sept., 1940] 64x60's was Print cloths quoted at 3%c. The price of 27-inch cloths 60x64's 9/16e. Aug. 31 as against 3^c. July 31, and quoted at 7*4c. to 7%c. Aug. 31, compared with 7%c. July 31. The report of the Census Bureau, issued Aug. 15 and covering the month of July, again demonstrated Osnaburgs were that the consumption of the staple in the United States proceeding at was active rate. The amount consumed in July given as 597,850 bales of lint and 80,090 bales of lint- was an compared with 556,529 bales of lint and 79,254 bales of June, 1940, and 521,353 bales of lint and 73,582 bales of linters in July, 1939. ers, linters in The woolen goods market continued to be dominated by receipt of further large orders for the Army and Navy, 111 connection with the defense program. Clothing manu¬ facturers, on the other hand, generally maintained their the cautious attitude, in of the ence The new with fabrics, wear improvement retail retarding influ¬ measure on civilian consumption. lines of lightwear material for next summer met fairly a view of the predicted military draft satisfactory response. late month, in the engendered channels. by the Trading in gave better women's indications flow of of goods an in * Japanese double extra 13-15 deniers were quoted Aug. 31 at Rubber Crude rubber review, was fairly steady early in the period under because of renewed sible Far Eastern activities nervousness in the over Japan's pos¬ war situation, and also under the influence of initial purchases by the Rubber Re¬ serve Co. Subsequently, a sharp drop in the spot position exerted a depressing influence which was intensified by the continued aloofness of tire manufacturers from the market. The monthly consumption figure of 47,011 tons, though slightly exceeding trade expectations, had little influence on the market, but a somewhat better feeling was produced by the announcement that the Rubber Reserve Co. will pur¬ chase an additional 180,000 tons of rubber during next year. In the closing days of month the price trend was ad¬ versely influenced by heavy liquidation of the September position, and the growing view that the larger supplies now existing in this country, and the likelihood of further le regular arrivals from the Ear East, will preclude the possi¬ any shortage in the near future. Ribbed smoked sheets for spot delivery were quoted at bility of 19%c. asked Aug. 31 against 21%c. asked July 31; 2iy>c. asked June 30; 21*4c. asked May 31; 19%c. asked April 30; 18%c. asked March 30; 18 9/16c. asked Feb. 29; 18%c. asked Jan. 31; 19%c. asked Dec. 29; 20%c. asked Nov. 30; 20%c. asked Oct. 31; 21c. asked Sept. 30, and 16%c. asked Aug. 31. $2.47@$2.51 against $2.53@$2.55 July 31; $2.65@$2.68 June 30; $2.72@.$2.79 May 31; $2.58@$2.64 April 30; $2.87@ $2.90 March 30; $3.€0@$3.05 Feb. 29; $3.10@$3.15 Jan. 31; $4.50@$4.55 Dec. 30; $3.43@$3.48 Nov. 30; $3.55@$3.60 Oct. 31; $3.10@$3.15 Sept. 30, and $2.65@$2.70 Aug. 31. In the case of the 20-22 deniers Japanese crack double extra was quoted at $2.41@$2.45 Aug. 31 against $2.44@$2.46 July 31; $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. 31; $2.9f@$2.99 Sept. 30, and $2.50@$2.55 Aug. 31. Petroleum and Its Products Following the pattern established in the immediately pre¬ ceding month, August developments in the petroleum indus¬ try came thick and fast with the nature of the happenings well variegated. ing the month, Several events vied for first attention dur¬ high among that list was the rather and sharp decline in production of crude oil The ended down high American Petroleum Institute in Illinois. for the week Aug. 24 revealed that Illinois daily production was 381,650 barrels, in sharp contrast to the record report to of 550,000 barrels daily reached a few weeks The letdown, moreover, tumbled Illinois from its position as the third largest producing oil State in the Nation, a ranking which it had wrested temporarily from yield previously. Oklahoma. \ MONTHLY REVIEW 10 Up until tlie time that the decline in production set in, was the stormy petrel in the petroleum industry Illinois and was conceded threat to the crude oil price structure a As a direct result of the slowing down in production there has been instituted a price in the. Mid-Continent territory. increase of 10c. barrel for Illinois crude. a Concrete developments stood out in the dispute between the Mexican Government and the American and foreign oil expropriated owning companies On properties. Aug. 28 that are me_ddling or scuttling the anti-trust en¬ drive which is the mandate of Congress both by persons forcement the August to decision oil the indemnity to be final his for prepare properties after two evaluators named by the court were to agree, filed a figure on the "non-taxable" prop¬ unable erties, reportedly between $35,S75,O0O and $36,900,000. Five days before, the Standard Oil Co. of New Jersey issued a statement anent the situation. "In 1928," the read, "the Mexican Department of Industry announcement placed a value on Mexico's foreign-owned oil* industry of 1,038,943,000 pesos (about $499,492,000 at the then rate of exchange). The value now placed upon the properties by the Cardenas Government represents such a small fraction of the above referred to estimate made by Mexican Govern¬ officials ment for such "The oil in it prompts inquiry into what the basis drastic discrepancy may be. a their exclusive legislation, Supreme Court decisions and diplo¬ It is the companies' position that the interchanges. Cardenas Government's confiscation of this right is-illegal, unconstitutional and in of law, and international Mexican Government States. This which practice Government the to of United the more than with concerned the pending petroleum industry has been anti-trust proiiosed suits be to filed companies and their subsidiaries Department of Justice. Advisory Commission The action has by on from national defense program. The continued companies sition resulted letter Guy M. 15 against Government's into the breach were for reasons the delay in to have been entered several Gillette, in his letter, stated that "I hope those is not compatible with the public interest." The communication pointed request that he (Senator Gillette) acted to delay committee hearings bills on that out which Arkansas..... he had it was Arnold's Mr. at introduced would which Senator Gillette's letter con¬ tinued, "that you are about to abandon the prosecutions contemplated. I am sure you will recognize the unfortunate position in which it places me and the pending legislation. particularly, the consuming public, have been seriously jeopardized by the practices of public companies that I failing in Responding that asserted question hamper the efforts submitted and the to was confident-the Depart¬ proceed at the present time." Senator Gillette's letter, Mr. Arnold the of the of whether national National the would suits defense program "Their recommendations," the letter continued, "will be with respect to modifying any of the sought in the oil suit if, as a matter of fact, it that the interests of national defense does anticipate not meqn are involved. waiver of the anti-trust laws. a We conflict." no Shortly after Senator Gillette's attack, Representative .(Dem., Washington) introduced in the House a calling for a sweeping investigation by a select Coffey resolution committee of Congressmen into "interference" eral agency, trust official or by any Fed¬ employee with enforcement of anti¬ particularly those affecting laws, dustry. petroleum in¬ "Congress has appropriated substantial funds for the en¬ forcement said in doubt a of the anti-trust laws," the Representative statement accompanying the resolution. there Coffey "Without is something radically wrong when the drive to enforce these laws is stopped immediately after many labor unions have been indicted and to on the eve of a drive bring the real monopolistic offenders before the bar of justice. "It is the purpose mine and disclose of the proposed investigation to deter¬ to 65,200 Colorado 4.000 4,200 55,700 57,100 Oil Purchasing Co., subsidiary early in August restored the Co. reduction of 15c. a barrel in Pennsyl¬ poseted a Forest, Venango, Clarion and Butler Counties,. $1.78; Penn¬ Allegheny, in grade sylvania Counties, eastern Ohio, $1.40. Washington and $1.44, and south¬ Beaver, West Virginia, $1.50; Greene Wilson, petroleum technologist of the National Robert E. Commission, told Defense Advisory meeting of the Inter¬ a Compact Commission that the Nation's petroleum resources are adequate to meet the demands of modern state Oil the public How¬ insurance, the speaker suggested that vital oil sup¬ ever, as in underground tanks to forestall plies be stored possible attack. pipe lines along the Atlantic Seaboard was destruction by air Laying of new suggested by Mr. Wilson as a means of eliminating the necessity of using oil tankers for transportation of crude also the producing areas to refineries. Mr. Wilson said no bottlenecks in the petroleum industry, but were that the prevent them from developing could trade fields by producing synthetic rubber and tuolene for T.N.T. from petroleum. Strong indication that the Canadian Government would soon take steps to curtail imports of United States gasoline and oil in an effort to conserve foreign exchange occupied the attention of oil men. The corollary suggestion to this in other that was the will Dominion intensify its efforts in the crude oil production field to make it self-sufficient. On Aug. 10 G. R. Cottrelle, Oil Controller of Canada, pub¬ lished a statement in Toronto barring the establishment in the Dominion stallation and of of further oil filling stations. any The in¬ in the products is banned, although equipment necessary for reasonable required repairs to existing installations will be per¬ sales pumps and other equipment for of gasoline and other petroleum use mitted. Aug. 1—Standard Oil of Ohio raised crude oil prices Sc. to 6c. a barrel in certain Aug. restored central fields in Ohio and 2—Sinclair the Texas crude Kentucky. Marketing, Prairie reductions oil of from 4c. to subsidiary 28c. a barrel of Consolidated Oil, posted in north and effective immediately. advanced 10c. a barrel to $1.15 a barrel prices in mid-July, Aug. 21—Illinois crude oil was by Texas Corp. and Sohio Corp., subsidiary of Standard of Ohio. Aug. 22—Carter Oil Co. met the 10c. increase in Illinois crude prices. Aug. Pipe Line 28—Valvoline posted a 15c. cut of a barrel in Penn¬ sylvania grade crude oil. Price-cutting tactics which have been rather in New York and New England markets tions of one-tenth to three-tenths cents a carefully considered This 8,000 69,700 - 10,000 was fore committing itself. relief 9,300 grade crude oil. Bradford crude in Elk and McKean countries was set at $1.85; Pennsylvania grade in Warren, Defense Advisory Commission, that the Commission had requested further time be¬ appears 9,000 Ohio vania playing unfairly with the general to to 9,000 Virginia price cuts of 4c. to 28c. a barrel which were insti¬ tuted in mid-July. Later in the month the Valvoline Pipe The interests of the public and, of these 10,300 West 14,000 recent also indirectly," ment of Justice would be 13,900 Indiana... 9,700 9,300 Mississippi of the Consolidated Oil Corp., portation and marketing of petroleum products. some 13,300 81,300 The Sinclair Prairie Crude retail learned 20,600 Kentucky 75,300 Michigan piovide for the divorcement of production from the trans¬ "I - 48,000 New York 17,700 13,700 105,300 Wyoming added responsible in any way for the delay will realize that this action New Mexico po¬ was weeks ago. Senator - there Iowa), who dispatched a General Thurman Arnold on satisfactory filing of the suits which Kaasas August 47,600 .. Montana 402,600 276,100 166,800 105,200 397,000 274,700 170,700 Louisiana the (Dem., Attorney demanding action the upon First to step Gillette Assistant to - from instituting in attacks in during August. Senator Aug. delay Oklahoma been held in the National Defense the effect of such suits upon the opinion an - Pennsylvania.. 1,320,300 1,326,400 593,000 598,400 430,000 440,600 California Illinois September August September Texas mechanized warfare in contrast to warring nations. month the a daily average crude oil demand by States The estimated follows: the irrespective of any arbitrary valuation Government.may put upon the surface against 22 major oil the accepted installations." and properties abeyance of the of specific pledges made by Mexican the For is violation figure and nearly 105,000 barrels under Septem¬ ber of last year. Line right to exploit and develop properties has been repeatedly reaffirmed in companies' Mexican matic that see decline of 33,400 barrels under This represented a mand. Mexico City paid by the Government. The jurist's^ announcement came after Ricardo Jordan, who was deputized to evaluate the I fail to monopoly or any other industrial monopoly." The regular monthly market demand forecast of the United States Bureau of Mines indicated that 3,624,000 bar¬ rels of crude oil would be sufficient to meet September de¬ Judge Ponciano Hernandez of the First District Court in notified interested parties in the 1938 seizure appropriation measures. regular statutes and anything in national defense which would seem to necessi¬ tate or require the dropping of civil,actions against the oil the mysterious forces or gasoline markets ket ard on during August. widespread resulted in reduc¬ gallon in the bulk Aug. 28 to highlight the refined mar¬ The reduction was posted by the Stand¬ subsidiary of Soconyeffective in all areas excepting'those already suffering from depressed prices. Under the new schedule, gasoline at New York was down to 7c. a gallon, contrasted with 7.2c. previously. Main reason for the slash was the abundance of gasoline, Oil Co. of New York, marketing Vacuum Oil Co., Inc., and was of the markets. Although demand is running far ahead of last year, stocks are still more than 12 000,000 barrels ahead of a year ago. Softness of the New York City market is also blamed in part for the invalidation on Aug. 10 of the local Price Post¬ ing Bill, which provided that the price must be posted on the units dispensing the gasoline. It also provided for the regulation of the price sign. The city has 30 days to appeal although the reduction price weakness in was New not unexpected in view York and New England the decision. The administration at Washington apparently^ has no plans in mind for modifying the policy of conserving avia¬ tion gasoline held in domestic storage for defense purposes, despite a Secretary note of protest by of State .Cordell the Japanese Ambassador to Hull. Monthly production of aviation States since last October, gasoline in the United has averaged about 900,000 barrels, which is 60% of the industry's capacity. according the to of Bureau Mines, September Domestic market demands for gasoline during most An estimated, will keep pace with the record levels recorded during 1040, according to Bureau of Mines indications. of increase of 7% with demand mand is September over was ago year a Export de¬ at only rising to 52,000,000 barrels. seen continuing seen in regions, nether the 1,600,000 barrels. through¬ Gasoline sold at retail in 50 representative cities out the country against 12.53c. Aug. 1 at an average of 12.58c. a gallon, on month earlier, and 13.28c. on Aug. 1 last a according to statistics compiled by the American P&- year, troleum On Institute. 4 of officials announced Socony-Vacuum prices. "The study which led to this in its the Government stepping up its defense outlays at a current fiscal year through Aug. 28 War Department expenditures for national defense amounted to $162,535,704 as against $92,129,229 in the cor¬ responding part of the previous year, and Navy Depart¬ ment expenditures for national defense were $195,013,187 as against $120,909,996. Total Treasury receipts in this period amounted to $537,010,576 against $389,407,843, and total expenditures were $635,921,646 against $778,054,385 (including $119,599,918 for restoration of Commodity Credit Corp. capital impairment). Sales of United States savings bonds continued to run behind those of the preceding year. Sales for the fiscal year through Aug. 28 totaled $118,037,040 as against $156,972,813. v rapid was For rate. the . that the company would revise its schedule for contract deliv¬ eries of gasoline to consumer tank-wagon accounts in New Tork and New England, effective Aug. 7. Prior to the introduction of the new schedule, commercial consuming accounts had been quoted on the basis of the tank-car Aug. 11 MONTHLY REVIEW Sept., 1940] "was announcement, revision," the made in said company accordance The details of Treasury bills sold a on discount basis Bills Bills Offered Dated Mature Nov. 6 1940 91 Aug. Aug. 21 1940 Nov. 20 1940 91 days Aug. 23 1940 Aug. 28 1940 Nov. 27 1940 91 days Aug. 30 1940 Sept. Dec. Nov. 13 1940 Aug. 14 1940 4 1940 4 1940 91 days 91 Subscrip¬ Offering tions days $100,000,000 $208,956,000 Aug. 2 1940 Aug. 9 1940 Aug. 16 1940 7 1940 Amount of days 100,000,000 100,000,000 156,332,000 211,381,000 100,000,000 100,000,000 235,835,000 212,900,000 the with company's policy of analyzing from time to time all factors To Redeem Bills Subscrip¬ A mount A verage Offered tions Accepted Price Yield Aug. $208,956,000 $100,372,000 99.999 0.004% Aug. 156,332,000 211,381,000 235,835,000 100,071,000 99.998 100,166,000 99.995 100,026,000 99.993 212,900,000 100,100,000 99.991 0.007% 0.021% 0.028% 0.036% entering into the determination of price schedules in order to have them reflect the inevitable changes in the industry and market." 4—Mid-continent Aug. V&c. gallon. a divided in dealers and New Haven tank-car quotations gasoline on . , New tank-.\vagon lowered 4—Socony-Vacuum Aug. reduced ret mors York City "3710c. by S/lOc. and lc. a gasoline of prices gallon Lout prices to un¬ of tion gallon throughout New York and New England with the excep¬ a New western York. 21—Standard Aug. of New Jersey cut Diesel oil fuel 10c. a barrel to $1.70 at all Atlantic Seaboard deepwater terminals. 28—Socony-Vacuum Aug. to 3/10c. gallon a the exception bulk cut throughout the New prices of York-New gasoline l/10c. from markets, England with of areas already suffering from depressed prices. FINANCING AUGUST Oil OF THE UNITED August for the Treasury an interlude was be for the next year very a in what will active financing period. After having tapped the capital market twice in July, once directly and once through Commodity Credit Corp., and raised $920,000,006 of new money thereby, the Treasury did not seek in August to borrow with which made no to finance other its appeal any more growing deficit. the to market The funds Treasury the than regular weekly offerings of discount bills. August did bring, however, official comment as to the Treasury's outlook for the rest of the present fiscal year. Appearing before Means Committee Aug. 9, said that were of Secretary a joint meeting of the House Ways and and the Senate Finance of the Treasury Henry estimated expenditures for $12,058,000,000, and that estimated the revenues, year exclusive that would be realized by excess profits legis¬ be $6,367,000,000, leaving a net deficit of sums lation, Committee, on Morgenthau Jr. 1941 fiscal the would $5,691,000,000. Mr. Morgenthau said that, in raising funds to meet this deficit, the balance under the general debt limitation would have shrunk by the end of the fiscal year on June 30, 1941, about to of power $300,000,000 and the $4,000,000,000 would special have defense been borrowing completely ex¬ hausted. Furthermore, it will have been necessary to draw the Treasury's working balance from $1,504,000,000 down to about he said, of the $1,275,000,000. is "it "On the basis of these estimates," obvious that defense program tion of $49,000,000,000 would creased." Daniel W. Bell, told the committee that in view of the requirements the present combined a sooner or debt reveals ures month on net lation taxes of news came in the second up week well. of of the intensification of the war The an under ate-term Two the waged in Europe. Others before through the Corporation, and purposes Finance agency of the Recon¬ enabling legislation consideration, which would tend to shorten the wait¬ the new Securities and security issues. important offerings, that is to size, to come upon in August were the $25,000,000 issue of the of America in the form of debentures and the $22,150,000 bond offering of the Carolina Clinchfield & Ohio Ry. Co. Below are listed the principal issues brought out in August : RAILROAD FINANCING $22,150,000 Carolina Clinchfield & Ohio Ry.—A syndicate headed by Morgan Stanley & Co., Inc., offered Aug. 23 $22,150,000 1st mtge. 4% bonds, series A, due 1965, at 102H and accrued interest. Principal, interest and sinking fund payments are unconditionally guaranteed by endorsement, jointly and severally, by the Atlantic Coast Line RR. and tne Louis¬ ville & Nashville RR., lessees of the Clinchfieid. Other bankers offering the bonds included Harriman Ripley & Co., Inc.; Smith, Barney & Co.; The First Boston Corp.; Blair & Co., Inc.; Mellon Securities Corp.; Drexel & Co.; W. E. Hutton & Co.; J. J. B. 'Hilliard & Son, and Equitable Se¬ curities Corp. Pacific Co.—Haisey, Stuart & Co., Inc., and associates offered Aug. 29 $11,820,000 2 M % equipment trust certificates, series Q, to be dated Oct. 1, 1940, and to mature serially, $788,000 each Oct. 1, 1941-55, inclusive, at prices 11(820(000 Southern to yirfid 0.50 to 3%, according to maturity. The certificates, under tne Philadelphia plan, are offered subject to issued Interstate Commerce Commission approval. The other asso¬ ciates in the purchase, which was made on a bid of 96.777, are: Ladenburg, Thalmann & Co.; Blair & Co., Inc.; E. H. Rollins & Sons, Inc.; Hemphill, Noyes & Co.; Otis & Co.; Newton, Abbe & Co.; Gregory & Son, Inc.: First of Michigan Corp.; Equitable Securities Corp.; Edward Lowber Stokes & Co., and Moore, Leonard & Lyncn. 3,150,000 Richmond Terminal Ry.—Morgan Stanley & Co., Inc.» and Kunn, Loeb & Co. on Aug. 6 offered $3,150,000 1st mtge33A% bonds at 105 and int. Due Sept. 1, 1965. Principal, interest and sinking fund payments unconditionally guar¬ anteed, by endorsement, jointly and severally by Atlantic Coast Line RR., and Richmond, Fredericksburg & Po¬ tomac RR. Purpose—The net proceeds to be received by the Terminal company from the sale of these bonds ($3,276,000 exclusive of accrued interest) will be deposited in trust to the extent of $3,233,000 to retire the presently outstanding $3,233,000 principal amount of 1st mtge. 30-year 5% guaranteed bonds principal fluc¬ the month, after the against Great Britain due Jan. 1, 1952, which the Terminal company Intends to call for redemption on Jan. 1, 1941, at 100% and accrued int. Rock Island & Pacific Ry.—Salomon Bros. & Hutzier, Dick & Merle-Smith and Stroud & Co. were awarded an issue of $2,472,000 2% equip, trust ctfs., series T, on a bid of 100.179. The certificates mature $123,600 semi¬ annually May 1, 1940, to Nov. 1, 1950. The first 10 ma¬ 2,472,000 Chicago Aug. 20 Treasury bonds and to % point for intermedi¬ By the month-end all of the lost ground regained and prices closed slightly higher on the month Treasury note yields declined about 0.06% to 0.52%, follow¬ ing a few days of unsettlement in the second week of the month. The average rates for the new issues of Treas¬ bills, however, advanced slightly, or from 0.004% the issue dated Aug. 6 to 0.028% for that dated Au<* ury highest level since the rate for the issue dated June for 28 26' Treasury statements made clear the fact that being plant amortization, plus aid to industry for na¬ Celanese Corp. issues. The daily Chief market turities were reoffered at prices to yield from 0.30% to 1.50%, according to maturity, and the last 10 maturities have been placed privately. was the the imponderables take the form of legis¬ Congress dealing with excess profits ing period between registration with Exchange Commission and offering of amount by Germany and Italy. The dip in prices which then en¬ sued, though, was confined to about % point in the case of long-term for favorably with the August, 1939, total. new capital markets were now war defense struction receipts had been revised upward funds, Treasury issues bore tuation emissions railroad making for lighter the now and tional $5,548,000,000 in the budget to $6,367,000,000. vast in falling off in industrial obliga¬ included among these later need to be in¬ so a them is the grave uncertainty oyer the ultimate out¬ of come Under-Secretary of tbe Treasury, $9,000,000,000 increase in tbe debt In the face of the imminent need for IN AUGUST varied, and some have been in operation a long while. among costs of the proposed military training pro¬ and the calling out of the National Guard. He said that the estimate expansion an compared with factors include from as the month compares limita¬ might be necessary to take care of all pending re¬ quirements. Mr. Morgenthau said that total appropriations and author¬ izations, including those then pending, totaled $14,702,000,000, of which $7,893,000,000 was for the Navy and $6,809,000,000 for the Army. This estimate, however, did not 100,202,000 100,008,000 the previous month and for .the periods covering July and August of 1939. However, an analysis of the month's fig¬ limit gram $100,011,000 100,028,000 100,105,000 tions, although in the latter group the aggregate total for TREASURY STATES SECURITY ISSUES NEW Maturing Issue of— Corporate financing in the domestic market for the month of August suffered some letdown in volume from that of The obviously - Boston in Aug. 20—Standard of New York cut No. 2 heating oil and kerosene prices by 0.3c. 2 1940 9 1940 Aug. 16 1940 Aug. 23 1940 Aug. 30 1940 gallon, respectively. a are given in tbe following tables: PUBLIC $15,000,000 Public ' UTILITY Service FINANCING Electric & Gas Co.—The company, in executed June 27, 1940, has placed privately with a group of insurance companies, at 101 Vx and accrued interest, an issue of $15,000,000 1st & ref. 3% mortgage bonds. Bonds are dated July 1. 1940 and mature July 1, 1970. The Issue has been approved by the New Jersey P. U. Commission, which aiso approved the sale of 375,000 shares of common stock (no par). accordance with contracts MONTHLY REVIEW 12 7,500,000 The 375,000 shares of common stock were sold to the parent corporation for $7,500,000. Proceeds of tne bonds and common stock will be used to finance improvements made 1 since Dec. 31, 1938, and also to provide funds for additions and extensions to be made. 15,000,000 Rochester Qas & Electric Corp.—Company offered priv¬ ately to certain present holders of its $15,000,000 general mtge. 25-year 4% bonds, series P, outstanding, the right to exchange their holdings of such series P bonds for like prin¬ cipal amount of general mtge. 3%% bonds, due 1970, series K. One or two of such present holders of the series P bonds will also be offered the right to purchase for cash, at 105% of the principal amount thereof plus accrued interest to the time of delivery, the balance of the series K bonds which are not exchanged. The series P bonds have been called for redemption Sept. 530,000 Newport News Shipbuilding & Dry Dock Co.—A nation¬ wide group of 75 underwriters headed by Union Securities Corp. offered Aug. 12 71,550 shares of $5 cumulative con¬ vertible preferred stock (no par) at $102 per share, and 558,498 shares ($1 par) common stock at $22 per share. Of the pre¬ ferred stock offered, 15.000 shares were sold by the company and the balance of the preferred stock and all the common shares were sold by stockholders. Both issues have been disposed of and the subscription books closed. In addition to Union Securities Corp., the principal underwriters include: Stone & Webster and Blodget, Inc.; Harriman Ripley & Co., Inc.; A. C. Allyn & Co., inc.; Ladenburg, Thalmann & Co.; Bonbright & Co., Inc.; Glore, Forgan & Co.; G. M.-P. Mur¬ phy & Co., and White, Weld & Co. , of common stock (no par) was announced Aug. 28 through a group of 41 underwriting houses headed by Smith, Barney & Co. The stock, offered at $23 per share, has been oversubscribed. Of the total, 241,580 shares were sold for the account of certain stockholders, largely Warner and Swasey heirs or relatives, who, in the aggregate, sold less than half of their holdings. The remaining 35,000 shares were sold by the company itself. Other bankers making the offering included: Dominick & Dominick; Lee Higginson Corp.; Blyth & Co.; Hayden, Stone & Co., and Kidder, Peabody shares The $15,000,000 gen. mtge. 3%% bonds due 1970, series under and secured by an indenture dated as K were issued of \ Sept. 1, 1918, from Rochester Railway & Light Co. (the former name of the company) to Bankers Trust Co., as trustee, as amended and supplemented by four indentures supplemental thereto, executed with the trustee as of March 1, 1921, Oct. 23, 1928, Aug. 1, 1932 and May 1, 1940. The series K bonds will be dated March 1, 1940. & Co. 14,580,000 Iowa Electric Light & Power Co.—The Interstate Com¬ merce Commission on Aug. 16 authorized the company to issue not exceeding $12,600,000 1st mtge. bonds, series A, 3 )4 %, due Aug. 1, 1965 and $1,980,000 gen. mtge. serial notes; 240,000 Thrift InvestmeAt Corp.—An issue of 20,000 shares of 6% cum. pref. stock (par $10) was offered at $12 per share, to yield 5%, by Elmer E. Powell & Co., Pittsburgh. These securities were offered to Pennsylvania residents only. The shares were offered for sale to meet the needs of the expanding business of the corporation. Funds will be used primarily to reduce bank loans and to provide additional working capital for its wholly-owned subsidiary, Thrift Plan of Pennsylvania, The bonds and notes were sold at par and accrued interest and the proceeds used to redeem $12,600,000 of outstanding mortgage bonds, to make additions and improvements to electric utility properties, and to reimburse its treasury its for expenditures made for capital purposes. The new securi¬ ties were disposed of privately to the Equitable Life Assurance Inc. 150,000 (Jrsuline Convent and Academy, fCirkwood, Mo.— Dempsey-Tegeler & Co., St. Louis, offered $150,000 1st & ref. mtge. bonds maturing Jan. 1, 1941 to and incl. July 1, 1943. Bonds bear int. from July 1, 1940 at rate of 2)4% per annum, payable semi-annually; bonds maturing Jan. 1, 1944 and thereafter bear int. at rate of 3% per annum from July 1, 1940, payable semi-annually. Dated July 1, 1940; prin. and int. payable s.-a. on Jan. 1 and July 1 at office of Mutual Bank & Trust Co., St. Louis, Mo. Bonds in coupon form, $500 denom., and may be pre-: -paid andTNK)exiTea on any int. date on 30 days' notice at par and int. These bonds are the direct obligation of Ursuline Convent & Academy, a corporation duly incorp. in Missouri, and are further secured by a first and refunding mortgage deed of trust on property of the corporation located at Kirkwood, Mo. The purpose of the issue is to refund the present outstanding indebtedness at a reduced interest rate. of the United States, Northwestern Mutual Life Insurance Co.; Metropolitan Life Insurance Co.; Massachu¬ setts Mutual Life Insurance Co.; John Hancock Mutual Life Insurance Co.; Teachers' Insurance. & Annuity Association of America; New England Mutual Life Insurance Co.; Equit¬ able Life Insurance Co. of Iowa; Lincoln National Life Insur¬ ance Co.; and Armour & Co. Employees' Pension Fund of Society Chicago. The $1,980,000 of general mortgage serial notes were sold Equitable Life Assurance Society of the-United-States. to the 9,585,000 Narragansett Electric Co.—A new issue of l80","000 shares pref. stock, 4)4% series (par $50), was offered Aug. 1 by a group headed by The First Boston Corp. The stock priced at $53.25 per share, constitutes the only preferred stock of the company now outstandmg. Associated as under¬ writers with The Frist Boston Corp. were: Bodell & Co., Inc.; Smith, Barney & Co.; W. C. Langiey & Co.; Bonbright & Co., Inc.; BIytn & Co., Inc.; Lehman Brothers; Lee Higginson Corp.; Harris, Hall & Co. (Inc.); Blair & Co., Inc.; Goldman Sachs & Co.; Hornbiower & Weeks; Kidder, Peabody & Co.; Paine,-Webber & Co.; Stone & Webster and Blodgett, Inc.; and White, Weld & Co. cum. Tne bankers announced tnat orders have been received in of the number of shares reserved for wholesale but excess that the books are being kept open for additional dealer orders. 7,168,512 Consolidated Gas Electric Light & Power Co. of Balti¬ more—Public offering of 68,928 shares of pref. stock, series C 4%, was made Aug. 13 at $104 a share by a group headed by White, Weld & Co. Associated with White, Weld & Co. in tne offering were: Tne First Boston Corp.; Minscn, Monneil Co., Inc.; Joseph W. Gross & Co.; Spencer Trask & Co.; Higginson Corp.; Harriman Ripley & Co., Inc.; Alex. Brown & Sons; Mackubin, Legg & Co.; Baker, Watts & Co.; Robert Garret & Sons; W. W. Lanahan & Co.; and Stein Bros. & Boyce. The issue has been oversubscribed. & Lee 6,000,000 Northwestern Public Service Co.—Offering was made Aug. 22 of $6,000,000 1st mtge. bonds, series A 4%, at 102)4 and int., by a banking group headed by Halsey, Stuart & Co., Inc., and A. C. Allyn & Co., Inc. Other leading mem¬ bers of the group were: Central Republic Co.; Harriman Ripley & Co., Inc.; Harris, Hail & Co. (Inc.); Lee Higginson Corp.; E. H. Rollins & Sons, Inc.; and A. G. Becker & Co., Inc. The issue has been oversubscribed. MUNICIPAL FINANCING $30,000,000 New York, N.> Y., serial bonds awarded to a syndicate headed by the Chase National Bank of New York, as 2?4S, at 100.917, a basis of about 2.669%. Due serially from 1941 to 1970, incl., and reoffered to yield from 0.30% to 2.95%, according to maturity. 4,400,000 Connecticut (State of) Harftord Bridge bonds sold to an account managed by the First National Bank of New York, on a bid of par for $2,690,000 2s, due 1944-1961 incl. and $1,710,000 l)4s, maturing 1961-1971 incl., a net interest cost of about 1.71%. Bonds due from 1968 to 1971 incl. callable at par and accrued interest, in inverse order, on Aug. 1, 1965, or on any subsequent interest date. Re-offered to yield from 0.70% to 1.85%, according to maturity. 3,150,000 Ohio State Bridge Commission, Ohio, revenue refunding bonds purchased by Stranahan, Harris &_Co., Inc., Toledo, and associates, as l?4s, at 100.36, a basis of about 1.70%. Due yearly from 1941 to 1953 incl. and containing optional redemption provisions. Re-offered from a yield of 0.40% to a dollar price of 100.50. 2,300,000 New York State Bridge Authority, N. Y"., Bear Mountain Hudson River Bridge purchase bonds sold to the State sinking funds. Further details of the issue not available at this writing. 2,000,000 Ohio County, W. Va., bonds Public Service Co., a subsidiary of Southeastern Electric & Gas Co. filed an applica¬ crued int. The proceeds are to be used for* the redemption 100 and accrued interest, of a like amount of 5% serial debentures, due 1940-1947, all of which are owned by Southeastern Investing Corp. at Soutneastern Investing Corp. Will use the funds so re¬ ceived to repay a loan to the Chase National Bank of New York in the amount of $1,100,000. The remaining $1,650,000 will be paid to Southeastern Electric & Gas Co. of the on in joint account, at 102.558, a basis of about 2.35%. Due yearly from 1942 to 1974 incl. Each loan contains a callable provision. 1.888,000 Yonkers, N. Y., bonds sold to Lehman Bros., of New York and associates, on a bid of 100.089 for $1,000,000 3.30s, due 1941-1960 incl., and $888,000 3s, due 1941-1960 incl., a net interest cost of about 3.13%. The 3s were re-offered from a yield of 0.65% to a price of 99, and the 3.30s from 1,800,000 Corp. due the parent company. 1,000,000 City of New Castle (Pa.) Water Co.—An issue of $1,000,000 1st mtge. 3M% bonds, dated July 1, 1940, and due July 1, 1965, has been placed privately with two purcnasers. The proceeds will be used to redeem the $1,000,000 1st mtge. 5s, due Dec. 2, 1941, called for redemption Sept. 18 Guaranty Trust Co., 140 Broadway, N. Y. entitled to receive the full amount (including interest accrued to Sept. 18, 1940), payable with respect thereto. MISCELLANEOUS FINANCING $35,500,000 Tide Water Associated Oil Co.—The company has placed privately, with a small group of banks and insurance com¬ panies, through Kuhn, Loeb & Co. and Lehman Bros, (as agents), $19,000,000 one to ten-year serial notes with an aver¬ age interest of approximately 2% per annum, and $16,500,000 15-year 2%% sinking fund debentures. Proceeds will be used to refund the company's present funded debt of $34,750,000 of 15-year 3)4% debentures remaining outstanding of the $40,000,000 issue of 1937., 25,000,000 Celanese Corp. of America—Financing for the corporation was carried out Aug. 28 with the offering of $25,000,000 3% debentures due Aug. 1, 1955, through an underwriting group headed by Dillon, Read & Co. and Glore, Forgan & Co. The debentures, priced at 98 and accrued interest, have been sold. Other bankers making the offering included: The First Bos¬ ton Corp.; Lehman Brothers; Mellon Securities Corp.; Blyth & Co., Inc.; Bonbright & Co., Inc.; Harriman Ripley & Co., I?c-; Shields & C°-. and Fuller, Rodney & Co. 10,000,000 Youngstown Sheet & Tube Co.—Company on Aug. 30 announced completion of a private sale to eight banks and one insurance company of $10,000,000 new serial notes, dated Aug. 15, 1940, at par plus accrued interest. Purchases were made for investment. The notes are in seven series, one ma¬ turing each Aug. 15, beginning 1941 through 1947. Prin¬ cipal amount of each of the first six series is $1,500,000 and of the seventh $1,000,000. Interest rates by maturities vary from 0.50% to 2.25%. Kuhn, Loeb & Co. and Smith, Bar- ?ey & Co- acted as agents in effecting the sale. ■5,000,000 American Rolling Mill Co.—According to a Middletown, Ohio, dispatch, company has contracted to sell to two insur¬ „ companies $7,500,000 10-year 3% debentures, of which $5,000,000 principal amount were issued Aug. 1. The funds ance are to be used for the redemption of $2,000,000 of 4% 1st mtge. notes, the payment of $1,500,000 of bank loans and for additional working capital. S. C., 1H %-3 M % bonds purchased syndicate managed by John Nuveen & Co. of Chicago. annually from 1944 to 1969 incl. by a Due Ohio, refunding and delinquent tax bonds sold to & Trust Co. of Cincinnati, and a basis of about 2.96%. Duo 1,283,531 Akron, the Provident Savings Bank associates, as 3s, at 100.29, from 1941 to 1954 incl. Holders of the bonds may, at their election,, surrender the bonds, with all coupons maturing subsequent to June 1, 1940, attached, at office of Guaranty Trust Co., New York, at any time prior to Sept. 18, 1940, and thereupon will be Charfeston, 1,587,000 Texarkana, Texas, 3)4%. 3^% and 4% bonds publicly offered by the Rittenoure Investment Co. of Whichita. Due serially from 1941 to 1968 incl.; optional after May 1, 1945. City. INDUSTRIAL AND 0.65% to account 5% convertible obligations of Southeastern Investing at 100 and int. at awarded as follows: $1,500,000 2)4 % optional school loan sold to a group headed by Strana¬ han, Harris & Co., Inc., Toledo, at 100.05, a basis of about 2.495%. Due annually from 1942 to 1974 incl. A $500,000 2)4% optional court house issue was taken by McGregor, Irvine & Co. and H. K. Hastings & Co., both of Wheeling, 2,750,000 Florida Public Service Co.—Florida tion (File 70-110) regarding the issuance and private sale of $2,750,000 of 4)4% seriai debentures, due 1943-1955, to the John Hancock Mutual Life Insurance Co., at 100 and ac¬ Warner & Swasey Co.—Public offering of 276,580 805,000 (The) 1 at 105. 1,200,000 Pinellas County Special Tax School District No. 3, Fla., 4% and 4 )4 % refunding bonds publicly offered by a group headed by Stranahan. Harris & Co., Inc. of Toledo, at prices to yield from 1.75% to 4.25%, according to coupon rate and date of maturity. Due serially from 1941 to 1956 incl. 1,200,000 Wheeling, W. Va., 2^ % bonds sold to a syndicate managed by Stranahan, Harris & Co., Inc., Toledo, at 101.449, a basis of about 2.42%. Due serially from 1941 to 1974 incl., and callable in advance of stated maturity dates. Re-offered to yield from 0.40% to 2.50%, according to maturity. DIVIDEND CHANGES IN AUGUST Dividend declarations in August were largely of a nature. favorable The following list, divided into two sections, namely, "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: FAVORABLE CHANGES American Enka Corp.—Dividend on the common stock increased from $1 a share to $2 a share, payable Aug. 17. American Radiator & Standard Sanitary Corp.—Dividend of 15c., a share on the common stock, payable Sept. 30. dend to be paid on this issue since Dec. 26, tributed; prior thereto a This will be the first divi¬ was dis¬ a share was paid on 1939 when 30c. regular quarterly of 15c. March 31, 1938. Beech-Nut Packing Co.—Extra dividend of 50c. a share and a regular quarterly dividend of $1 a share on the common stock, both payable Oct. 1. Extras of 25c. a share were paid in each of the 15 preceding quarters. BoHn Aluminum & Brass Corp.—Dividend on the common stock in¬ creased from 25c. a share to 50c. a share, payable Oct. 1. Boston Woven Hose & Rubber Co.—Special xhe no \50c. a share was Bridgeport Brass Co.—Dividend 10c. a dividend of $1 a share on stock, payable Aug. 23. A quarterly dividend also declared on this issue, payable Nov. 25. par common share to 25c. a the common stock of increased from share, payable Sept. 30. Brunswick-Balke-Collender stock, payable Sept. June 15, last. on 16. Co.—Dividend of $1 a share on the common This compares with 50c. a share paid on Sept., Western States California share Life (Henry) Holt & Co., Inc.—Dividend of 10c. a share on the 11.80 cumul. participating class A stock, no par value, payable Sept. 3. The last previous dividend amounted to 15c. a share and was paid on Dec. 1, 1939. dividend of 50c. a 16. A regular semi¬ bears the same pay¬ Insurance—Extra the 15 par, common stock, payable Sept. annual dividend of 50c. a share previously declared on Kansas City Stock Yards Co. of Maine—Dividend of 50c. a share on th© common stock was paid on Aug. 1 and compares with regular quarterly payments of $1 a share made previously. ment date. together with Both dividends become Canadian Celanese, Ltd.—Extra dividend of 50c. a share the regular quarterly payment of 25c. a share. Kelsey Hayes Wheel Co.—No action taken toward resumption of dividend payments on the class A stock on which accumulations at June 30, last, payable Sept. 30, next. Paper Co., Inc.—Initial quarterly dividend of 15c. a share on the common stock, payable Sept. 3 and another of similar amount, payable Central Dec. on 2. totaled 13.75 a share. Landis Machine next. from 25c. Chesapeake & Ohio Ry.—Dividend of 75c. a share on the common stock* payable Oct. 1. Dividends of 62Hc. a share were paid in each of the three 25c. payable Sept. 14. This compares Steel Co.—Dividend share to 50c. a the on stock increased from common Mining & Smelting Co.—Dividend share to 50c. a 15. Extinguisher Co.—Dividend Hecla a share to 15c. COURSE 10c. share to 15c. a Oil & on the 25c. par common stock increased share, payable Sept. 15. a Refining Co.—Dividend the no par common stock payable Oct. 1. on increased from 37^c. a share to 62 He. a share, Illinois Commercial Telephone Co.—Dividend of S9 a share on account of accumulations on the $6 cumul. preferred stock was paid Aug. 1. The above payment cleared up all accruals on the issue. Magor Car Corp.—^Extradividend~of 25c. - dividend of 25c. share a on the common regular quarterly stock,"both payable Sept. 30. share and a a Corp.—Quarterly dividend of 10c. a share on the common stock payable Sept. 15. With the declaration of this dividend the stock has been placed on a regular quarterly dividend basis. This brings dividends for the year to date to 30c. a share. Meteor Motor Car Co.—Dividend of 12 He. a share on the common stock was paid on Aug. 20. The last previous distribution amounted to $1 a made in was December, 1937. creased from 15c. O creased from 25c. Nationa share to 25c. a Products i stock, payable Sept. on the common stock in¬ share, payable Sept. 26. a "dividend of 20c. 12He. 16. a share on the common a 20. 1 Mining Corp.—Dividend of 37 He. dend of the common stock in¬ share, payable Sept. 10. a share to 35c. a on Inc.—Dividend 'Radiator Co.—Initia Newmont Sept. Co., share a share and an extra divi¬ the present outstanding capital stock, payable on Ohio Seamless Tube Co.—On Aug. 1 the company paid a dividend of .156 a share on account of accumulations on its 7% cumul. pref. stock, par $100. The above payment cleared up all A distribution of 50c. a share was also made on Sept. 3, the first dividend declaration in number of years. Ohio Water Service Co.—Dividend value increased from 90c. par a declared back dividends on the issue. the common stock, payable share to $1 Philco Co.—Initial dividend of 25c. was a the class A on a share common from 25c. a share to 40c. a the the new stock outstanding common stock, par 15, increased D.) Roper Corp.—Extra dividend of 3fc. a share and a regular quarterly of similar amount on the $5 par, common stock, both payable Sept. 16. Mfg. Co.—Initia! dividend of 25c. a share on the a Shepard-Niles increased from 50c. a the & increased from 40c. share to Porto stock increased from 25c. a Rico & Iron a a stock on the common stock in¬ share, payable Sept. 20. Sugar Co.—Extra dividend of 95c. regular quarterly dividend of 25c. pavable Sent. 26. a share on the share a common and stock, a both St. Helen's Pulp & Paper Co.—Dividend on the 110 par, common stock increased from 2Cc. a share to 6Cc. a share, payableHSent. 1. St. Joseph Lead Co.—dividend of 5Cc. a share on the common stock, payable Sept. 20. extra of like amount Standard Oil Co. Regular quarterly dividend of 25c. were paid on June 20, last. of Indiana—Extra dividend of 25c. a a share and share an and a regular quarterly of similar amount on the capital stock, both pavable Sept. 16. Standard Screw Co.—Dividend on the $20 par common stock increased from 3' c. a share to 50c. a share and became pavable on Aug. 12. Sunset-McKee Salesbook Co.—Extra dividend of 50c. a share and a regular quarterly dividend of 25c. a share on the class B shares. The extra was paid Aug. 20, last, and the regular quarterly becomes due on Sept. 14, next. Tilo Roofing Co.—Dividend of 20 cents per share on the common stock, payable. Sept. 16. Last previous distribution was a cash dividend of 30 cents and a stock dividend of 50%, both were paid on June 15, last. Title Insurance Corp. of St. Louis—Dividend on the common stock in¬ creased from 12 He. a share to 25c. a share and was paid on Aug. 31. Todd Shipyards Corp.—Dividend from 11 Union a on the no par common stock increased share to $1.75 a share, payable Sept. 16. Bag & Paper 15c. a share to 25c. a quarterly of similar amount on th Waialua < common Agricultural Co., Ltd.—Dividend stock, both payable Oct. 1. the capital stock increased on from 30c. a share to 50c. a share and was paid on Aug. 31. Welch Grape Juice Co.—Cash dividend of 25c. a share was paid on the common stock on Aug. 31, last. On July 1, last a stock dividend of 5% was paid and on June 14, last a regular quarterly cash dividend of 40c. a Point Mfg. 1939. Co.—Dividend creased from 30c. a share to 60c. the common stock of 120 share; payable Aug. 23. on a The day's best business par, in¬ West Virginia Pulp & Paper mon stock, payable Oct. 1. might be Co.—Dividend of 75c. a share on the com¬ Dividends of 10c. a share were paid in preceding quarters. Yellow Truck & Coach Mfg. Co.—Dividends of 11.75 a share for the third quarter and 17 a share on account of accruals were declared on the company's 7% cum. pref. stock, payable Oct. 1. This clears up long a arrears on the above issue. UNFAVORABLE CHANGES Canada Northern Power Corp., Ltd.—Dividend on the common stock reduced from 30c. on share to 23c. a share, payable Oct. 25. Safety Razor Co.—No action taken on the common dividend ordinarily due at this time. A regular quarterly of 15c. a share was paid on June 29, last. (Jos.) Hanley Co.—Dividend of 25c. a share on the $5 par, common stock, payable Aug. 31. Previously regular quarterly dividends of 50c. a share Gillette were distributed. the rise moderate a around again to the view that the one. in At rate, stock prices experi¬ 10 trading days of the any the last 1.71 of Closing quotations were nearly the May. It was the third points. best of the month and the best since consecutive monthly advance the in stock average, over succeeded in regaining 7.81 points 22.00 points in May, following the German which period the average the loss of of the Low Countries. As the month closed the first year that of the war was over. expectations of the stock market com¬ munity underwent a drastic revision. In the first fort¬ night after the German invasion of Poland the stock and the year enjoyed a temporary boom, with the 13 attaining a two-year peak at buoyancy gave way to dulness and finally te acute weakness after Germany seized Denmark and Norway and brought Belgium, The Netherlands and France to heel. The latest phase of the market has been one of dulness spiced with a modicum of strength. From a level of 96.45 on Aug. 31, 1939, the stock average rose to 114.27 • on commodity stock markets average 114.27. Sept. on This Sept. 13, broke to 82.32 on June 10 when it became apparent that Paris would soon fall and then ascend to 94.40 at the Thus in the 12 months the average lost 2.05 end of August. points. While stock the market must habitually thread its way uncertainties, it is possible that the present situation at home and abroad is the most difficult which the market ever had to appraise. On the one hand, through of maze a For industry the first ♦industrial activity is at a high level. months six its was a period of the most profitable operations 1937, and yet the stock average was 48.53 points under Orders already 1937 high the books of many lines on industry, including especially steel, machine tools, aircraft and shipbuilding, are a guaranty of a continued of heavy The out¬ the final week of August was at 91%% new high for production in midsummer. high rate of operations for several months ahead. put of steel mills in of capacity, a Automobile assemblies increased steadily in the month production of the 1941 the latter part models gained New construction has reached the best volume momentum... 1930, owing to record activity in small home building since and as to the influence of armament two all on month, and at the close the stock average showed an ad¬ of share. West July the stock market swung since Corp.—Dividend on the capital stock increased share, payable Sept. 16. United States Graphite Co.—Dividend on the 15 par, common shares increased from 15c. a share to 20c. a share, payable Sept. 16. United States Gypsum Co.—Extra dividend of 50c. a share and a regular from Official figufes'placed Stock Ex¬ 19 the volume amounted to only 129,650 shares, the smallest turn¬ over in any five-hour trading day since Aug. 7, 1916. For the week ended Aug. 17 stock prices, as measured by the stock average of the New York "Times" declined 2.57 points, for the intensification of the attacks by Germany and Italy on England gave rise to short-lived fears that again the Axis Powers might achieve a quick victory. When it began to appear, however, that England was putting up a fairly effective defense against the German mass air raids a on the no par value, common stock share, payable Sept. 14. Co.—Dividend share to 11.50 Exchange 1018. This total compared with and with 17,372,781 shares in since in shares August, In Co.—Dividend on the common 11.50 a share, payable Sept. 3. share to 60c. a Steel creased from 75c. South common Hoist Simonds Saw & Steel Co.—Dividend Sloss-Sheffield August any 7,304,820 common share, payable Sept. 30. Crane for invasion on unbroken. 7,614,850 shares, the smallest volume he share turnover at of new stock, payable Sept. 16. share to 5Cc. AUGUST turnover on the New York Stock without its record-breaking aspects. I enced share, payable Sept. 30. a on share, payable Oct. 1. Scranton Lace Co.—Dividend DURING slightly higher than in July, the stock volume was not was no (Geo. Russell • vance on MARKET As the withering away of trading Even though war stock of payable July 15, 1940. Potash Co. of America—Dividend STOCK change came to only 641,250 shares, while on Aug. Michigan Steel Tube Products Co.—Dividend National THE OF the markets in July remained • Mastic Asphalt share and ■ its grip during interest would suggest, the range of prices was narrow. Investors and speculators found nothing either in the domestic business news or the war in Europe which could stimulate them as buyers or sellers. Hence the great calm which settled over August. the no par common stock on Mining Co.—Dividend from Humble 16. Dulness again lield the security markets in share, payable Sept. 15. a share, payable Sept. a (Rudolph) Wurlitzer Co.—Dividend on the common stock reduced from 15c. a share to 10c. a share, payable Aug. 31. Brewery Co.—Extra dividend of 7H cents a share and a regular quarterly dividend of 2 H cents a share on the common stock, both payable Sept. 16. increased from 10c. lc. to share, payable Sept. 20. a Frankenmuth General Fire share was paid Aug. 15, on the a share paid on Feb. 15, last. a share on the common stock, A distribution of 25c. a snare was made on June 25 last. a with $1 . share a the common stock in- on to from 50c. & Warehouse Co.—Dividend on the common stock increased from 40c. a share to 50c. a share, payable Sept. 1. increased from 25c. 15. Standard Cap & Seal Corp.—No action was taken Aug. 1 on the common dividend ordinarily due at this time. A distribution of 20c. was made on June 1, last. ,, Sunset Oils, Ltd.—Dividend on the common stock reduced from lHc. Federal Compress Federal stock decreased common Pender Grocery Co.—Dividend on tne class B stock decreased a snare to 25c. a share, payable Sept. 3. (David) became payable on Aug. share, and a the on share and was paid Aug. Mfg./Co.—Dividend of 50c. payable Sept, 25. 25c. share, payable Sept. 25. share to 25c. a a Peck Stow & Wilcox Co.—Dividend of 10c. Ex-Cell-O Corp.—Dividend on the common stock increased from 60c. a share to 65c. a share, payable Oct. 1. Exolon Co.—Dividend on the no par common stock increased from 20c. share a 15c. Corp.—'Dividend on the common stock reduced from 12Hc. a share, payable Sept. 2. par common stock and compares no last. a Hat Newmarket share on the common stock, with 25c. paid on June 15 and Mar. 15, a Co.—Dividend Tool share to a Merrimack preceding quarters. Cutler-Hammer, Inc.—Dividend of 50c. Detroit 13 MONTHLY KEVIEW 1940] requirements on indus¬ plant expansion. Electric power production increased the July figures, and department store sales showed than the usual seasonal advance in August. trial over more the Yet desire of the public to buy stocks was tempered conservatism new to with a The reasons active state unsoundness marily orders. upon for this so of business there even, for the British active hesitancy war a were lay an period of business. air of operations were orders and Over the unreality, of dependent pri¬ several. American defense Beyond that, the Administration was proving slow 14 MONTHLY REVIEW formulate to its policy with and plant amortization for the presidency market, upon as Federal respect to excess-profit taxes allowances. presented Finally, the campaign weighty problem for the a its outcome depended Government toward business the attitude of the bill for slightly lower. The foreign bond list was featured/by a sizable rally in Canadian Government issues, following the next four years. The which issues proved best against this load of uncertainties order, motor and ties oils and steel able to make headway manufacturing, mail Railroad stocks. least were able were to $08,120,000 in July and with one of $111,394,000 in August, Higher grade corporate and United States Govern¬ ment bonds showed fractional advances during the month, 1939. equipment, forward move the With the placing of a vast quantity of orders airplane motors and propellers by the Army and Navy Departments toward the close of the month, new life was likely airplane stocks. be to Rail shares, issues little as by affected excess-profits legislation, were meeting with moderate demand in the rising tendency which the market displayed in the last 10 trading days. In the commodity markets the feature of August was strength in metals in the latter part of the month, including especially copper, OF BUSINESS ON VOLUME & cal 1940 Aug. in individual stocks, Allied Chemi¬ Dye opened on Aug. 1 at 150, rose to 157% 10, declined to 148% Aug. 13, and closed 30 with improvement at 156. American Tel. & Aug. 1, picked up % of a point on Aug. 2, slipped to 27% on Aug. 14, and closed the month moderately improved at 28 Aug.-31. General Electric opened at 33% Aug. 1, moved on Aug. 3, reacted to 31% on Aug. 16, and ended the month better at 34 on Aug. 31. United States Aug. lower at 54%. 54, 1 at dipped to 50% Aug. 31, closing the on Aug. same 16, day Steel preferred opened at 116% then trifle a Aug. 1, on advanced moderately to 118 on Aug. 7, fell back to 115% on Aug. 19, and closed Aug. 31 with improvement at 118. Westinghouse Elec*. & Mfg. opened Aug. 1 at 98, fell back to 93 on fraction -of a list, 15%, declined Atchison a on Aug. 31, and ended point lower at 102. In the rail¬ & Santa Fe opened Aug. 1 at Aug. 16, and followed up with an advance on Aug. 31 at 10%, the close being without change. Baltimore & Ohio's initial sale on Aug. 1 was at 3%; it moved off Aug. 19 to 3%, and then picked up fractionally to Topeka 14% to 4 on Aug. 31, both the high and the close for the month. Chesapeake & Ohio opened at 38% Aug. 1, broke to 34% on Aug. 16, then spurted forward to 40% Aug. 31, closing at the level. same Delaware & Hudson touched its lowest point Aug. 16 at 10 after opening the month on Aug. 1 at 11%; its peak of the month was reached on Aug. 31 at 12%, and it finished the month on Aug. 31 fractionally lower at 12%. New York Central reached its top figure Aug. 31 at 13%, its low point of the month Aug. 16 at 10%, and closed 31 Aug. on the month's high peak. Southern 1 at 8%, declined Aug. 16 to 7%, only Aug. 31 to 8% and finish the month a trifle at Pacific opened Aug. to later react lower at on 8%. Northern Pacific, after opening at 6% on 1, declined to 5% on Aug. 16; it later rose to 7% on Aug. 31, and closed the month at that figure. Union Pacific advanced from 84% Aug. 1 to 86 on Aug. 12; it subsequently declined to 81% on Aug. 20, and then recovered Aug. at the In rent close Aug. 31 to 86, the month's high peak. on the following table month of 10 each we indicate the range for the of the more active cur¬ foreign, railroad and industrial bonds: Aug. 1 Bonds Range During August, 1940 Aug. 31 Opening Closing Price Lowest. 58 H 5554 Aug. 6 1034 Aug. 19 7934 Aug. 17 9034 Aug. 22 5154 Aug. 22 3354 Aug. 1 1534 Aug. 12 45?4 Aug. 22 1734 Aug. 17 38 48 34 Price Highest Foreign Governments— Argentine 4s ...Feb. 1972 Brazil 6Ms of 1926 1957 ll6/8 -I960 8034 Cuba 434s 1977 5354 Denmark 6s 1942 3354 Canada gold 4s German 534s stamped 603S Aug. 28 1234 Aug. 10 54 Aug. 6 ..1965 17 Italy 7s.. 1951 47 1954 85 34 Aug. 6 8034 Aug. 27 50 Japanese 6^s Norway 434s .1965 38 38 4734 Aug. 22 Peru 6s 1960 46 Aug. 1 Aug. 20 654 6 1H 4)4 Aug. 134 Aug. Aug. 26 89 34 53 86J4 Aug. 10 634 Aug. 1 "6 34 Railroad!,— 1975 Chic& North Western 4%s. .1949 Delaware & Hudson 4s 1943 49 y2 48 Erie 5s series 11% 1034 Aug. 1930 1975 Aug. 5% Aug. 31 8 2 34 Aug. 5134 Aug. 31 1434 Aug. 31 o 10334 Aug. 10334 Aug. 5 5334 4834 Aug. 54 34 Aug. 31 5434 56 5134 Aug. 5734 Aug. 30 57 54 5834 Aug. 63 34 Aug, 31 6354 9% Aug, 1 Norlhern Pacific 6s series B. .2047 6034 St Louis-San Francisco 434s. 1978 Southern Ry 4s. 1956 934 5634 100 8 51 Aug. Aug. 57 34 Aug, 31 103 57 34" Industrial— Amer & Foreign Power 5s.-.2030 49 Bethlehem Steel 334s 1952 10734 Aug. 2 108 1961 104 % 44 Aug. 10734 Aug. 10434 Aug. 108 Columbia Gas & Elec 5s 105 Aug. 3 104 34 123 34 119 123 34 Aug. 1 122 34 Commonwealth Edison 334s. 1958 Interboro Rapid Transit 5s. .1966 Internat Tel & Tel 5s -1955 Manhattan Ry 4s 434s. Third Ave Rv adj 5s_ - 80 34 2934 7034 2834 Aug. 8554 Aug. 64 34 Aug. 103 34 10234 Aug. I960 .I960 Youngstown Sheet & Tube 4s 1948 17 34 Dealings in bonds listed more amounted to on Aug. Aug. 49 34 Aug. 31 4934 8134 Aug. 9 8034 30 34 Aug. 8 29 54 86 54 71 Aug. 2 Aug. 22 19 34 Aug. 1 10434 Aug. 30 $ 105,633,000 Foreign government— United States Govt 17,510,000 2,337,000 6,161,000 22,794,000 19,174,000 79,705.000 111,35)4,000 120,363,000 147,601,000 176,666,918 266,805,765 Total bond sales Jan. 1 to Aug. 31— 141,886,485 Stock sales—No. of shares 144,204,786 $ $ 845,703,000 146,418,000 30,128,000 Railroad and mlscell... Foreign government United States Govt $ 847,752,000 $ 918,146,000 1,475,078,000 157,533.000 239,465,000 159,790,000 59,878,000 91,576,000 297,915,000 1,022,249,000 1,067,420,000 1,167,255,000 2,012,458,000 Total bond sales OF BUSINESS ON THE 1940 CURB EXCHANGE 1939 1938 1937 Month of August— 1,470,910 Stock sales—No. of shares Domestic - Foreign government. __ Foreign corporate-.. .. Total Jan. Stock 2,859,439 8 Bond sales (par value)— bond sales 3,733,441 $ 4,339,135 S 8 14,591,000 24,984,000 24,738,000 23,221,000 138,000 267,000 468,000 537,000 312,000 467,000 519,000 408,000 15.041,000 35,718,000 25,725,000 24,166,000 1 to Aug. 31— 29,903,472 sales—-No. of shares Domestic THE 75,303,412 S S 304,423,000 221,960.000 297,190,000 1,545,000 3,079,000 4,641,000 8,846,000 4,619,000 3,896,000 4,251,000 7,245,000 212,851,000 311,398,000 230,852,000 313,281,000 Foreign corporate..... _ 28,659,253 $ 206.687,000 Foreign government Total bond sales. 25,075,076 $ Bond sales (par value)— MONEY MARKET DURING AUGUST Notwithstanding the arrival of further large foreign gold shipments, excess member bank reserves during the first part of the month continued to decline moderately, reflecting the withdrawal of funds caused by Treasury borrowing, and for payment of social security and capital stock taxes, the further rise in the amount of money in circulation, and the fact that substantial portions of the gold imports did not find their way into member bank but reserves were used to increase official foreign bank deposits with the reserve in¬ stitutions. Later in the month, the effect of large Treas¬ ury disbursements again made itself felt, and the upward movement of excess reserves was resumed, notwithstanding another rise of the amount of money in circulation prior to the Labor holiday. Commercial borrowings failed to show the seasonal expansion usual at this time, and confidently anticipated in view of the influence of the large financial requirements for the national defense program. Treasury financing was limited to the weekly 91-day bill issues of $100,000,000 each, to replace similar maturities. Gold imports during the four weeks ended Aug. 31, as reported by the Department of Commerce, totaled $320,500,000 of which amount $213,100,000 came from Canada, $50,600,000 from England, $11,500,000 from Portugal, $10,100,000 from South Africa, $8,300,000 from Colombia, $4,600,000 from Brazil and $4,300,000 from the Dutch East Indies. The total gold stock of the country rose approximately $450,000,000 to a new peak of $20,871,000,000. Discount holdings of the 12 Reserve banks increased from $2,727,000 July 24 to $3*848,000 Aug. 28, and total member bank reserves, after receding from $13,564,561,000 July 24 to $13,285,861,000 Aug. 7, again rose to $13,515,998,000 Aug. 28. Money rates continued at their previous low levels, with average yields on 3 to 5-year Treasury notes receding from 0.58% July 31 to 0.53% Aug. 29, whereas yields on longer-term bonds remained unchanged at 2.29%, and those on 91-day Treasury bills advanced slightly from 0.004% to 0.028%. The call money rate on the Stock Exchange remained un¬ changed at 1 %. 19 Bond transactions value, a new low for any month The August total compared with one of par Low Aug. 1... 1 1 High Renewal Low 1 1 Aug. 1 1 Aug. 17.. 18. High Renewal Saturday Aug. 2... Aug. Aug. 3... Saturday Aug. 19.. 1 1 1 4... Sunday Aug. 20.. 1 1 1 Aug. Aug. 5... 1 1 Aug. 21.. 1 1 1 6... 1 1 Aug. 22.. 1 1 1 Aug. 7... 1 1 1 Aug, 23.. 1 1 1 Aug. 8... 1 1 1 Aug. 24.. Aug. Aug. 9... 1 1 1 10... Aug. 11... Aug. 1 1 Sunday . Saturday Sunday Aug. 25.. Saturday Aug. 26.. 1 1 1 Sunday Aug. 27.. 1 1 1 1 1 1 1 28.. Aug. 29.. 1 1 1 1 1 Aug. 30.. 1 1 1 1 1 1 Aug, 31.. 1 1 1 12... 1 1 1 Aug. 13... 1 1 Aug. 14... 1 Aug. 15... Aug. 16... Aug. Saturday 70 34 104 54 the New York Stock Exchange skimpy than in stocks. $79,705,000 1917. Aug. 81 1990 Portland General Elec June. 17,212,553 $ 96,692,000 2% 5134 1454 New York Central 434s 2013 N Y Chicago & St L 4.34s.-.1978 since 20,728,160 $ 3"s Great Northern 4s series G..1946 even 17,372,781 $ CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE Chic Milw St P & P 5s were 1937 17,663,000 8,730,000 Aug. 16, then shot ahead to 102% the month road 1938 10,802,000 Up slightly to 34% opened EXCHANGE 85,001,000 VOLUME opened at 162% Aug. 1, advanced % point on 2d, fell back to 157% Aug. 16, and then recovered close to its former opening level at 162 at the close on Aug. 31. Consolidated Edison Co. of N. Y. opened at 20 Steel STOCK 66,566.000 the advanced to 54% to Railroad and mlscell--. Tel. on THE 1939 7,614,850 Stock sales—No. of shares Bond sales (par value)— Aug. on steady were Month of August— Bond sales (par value)— zinc, lead, tin and scrap steel. As to the fluctuations issues reports that defense cooperation between the United States Canada would include a closer financial alliance. general list. into grade the for breathed lower and utili¬ with and medium Time loan rates on security collateral were again quoted nominally at 1%% for 90-dav loans, and 1%?% for loans running 180 days. In view of the continued stagnation in security trading, little occasion for new loans existed, and as heretofore, transactions were limited to the renewal of older contracts. "Bankers' acceptances continued to change hands in only limited volume during August, and dealers' rates remained DAILY RECORD OF TIME LOAN RATES Rates on Mixed Collateral 30 Days 60 Days Aug. 1... ix IX Aug. 2... i« IX 4 Months 90 Days IX IX Aug. 3... Satur day Aug. 4... Sun day Aug. 5... Aug. 6... Aug. 7... Aug. 8... Aug. 9 IX i y* IX 1X IX IX IX IX IX IX IX IX IX IX Aug. 14... IX chiefly by IX IX ago, Aug. 15... Aug. 16... IX IX IX IX IX IX IX IX IX 1X IX IX 1X IX IX IX 1X IX IX IX IX IX IX IX IX IX IX 1X IX IX IX IX IX IX IX IX IX IX Satur day Aug. 18... Sun Aug. 19... IX IX IX IX IX Aug. 20... Aug.21... Aug. 22... Aug.23... day IX IX IX IX IX Aug. 29... LOANS BANKSCITY YORK IN NEW The gold stock of the United States expanded $409,000,000 Aug. 28 and thereby attained a new record liigli of $20,871,000,000. It was entirely in the common run of banking experience in recent years, and especially in the last year, for the gold stock to experience a sizable increase. But it was exceptional for other influences to subtract virtually as much from the the four weeks from July 31 to ^ supply of banking reserves as was added by the rise in the IX IX IX IX IX IX IX IX IX IX IX IX fluencing the store of bank reserves set August apart from the months immediately preceding. IX IX IX ! IX IX IX IX IX IX IX IX IX August was a month of ris¬ result was achieved not because of any quickening in the demand for loans, but because the banks were again active as buyers in the securities mar¬ kets. Whereas, a year ago, member banks were meeting with a briskeuing demand for commercial credit, the re¬ quirements of commerce, industry and agriculture for bank credit were actually reduced in August of this year. The needs of stock brokers and security dealers for credit like¬ wise declined to the lowest levels yet reached since data IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Satur day Commercial paper remained in inadequate supply for the The prevailing rate grade prime 4 to 6-month notes remained at % to 1%, with the bulk of-sales consummated at %%, and "especially choice paper sold at %%. Under date of Aug. 12 the Federal Reserve Bank of New York announced that returns received from commercial paper dealers showed a total of $232,400,000 of open market commercial paper outstanding at the end of July, compared to $224,100,000 at the close of the previous month, and $194,200,000 at the end of July, 1939. average HATES FOR MONEY AT NEW national For reporting member banks ing these on loans force had themselves busy by the Federal Rserve the banks per¬ compiled volume sloping off, Joan with securities buying, and with sufficient earnestness to raise their total credit, during the month, to new record high levels. developments in August from the that actual reserves of Approaching banking 10 Aug. 17 Aug. 24 Aug. 31 Aug. to first were this they did rose Aug, 3 other Exchange: this With authorities. stock Week Ended—■ Stock but credit, standpoint YORK balancing of factors in¬ This nice gold reserve. of one finds increased in reserves, banks* member on RESERVE FEDERAL THE IX continued active investment demand. Call loans OF BROKERS' IX Aug. 31... for shipped between foreign countries." or RETURNS IX Sun day Aug. 30... attributable in large was IX IX Satur day Aug. 28... $48,000,000 reduction in the amount of bills based on goods IX IX Aug. 24... Aug. 27... drop of IX Aug. 25... Aug. 26... stored in in 1X Aug. 17... a the measure to a IX IX IX of IX Sun day Aug. 13... total IX Satur day : the IX IX Aug. 11 A further decline of $18,000,000 for July in outstanding bankers bills was accounted for decrease in export bills. Compared with a year unchanged. 6 Months 5 Months IX IX Aug. 10. Aug. 12... 15 MONTHLY REVIEW Sept., 1940] were these The ways: gold Treasury currency $10,000,000 to a total of $3,034,000,000. All of the factors influencing the aggregate supply of bank re¬ was serves enlarged by $409,000,000 and worked on the side of decrease, as follows: Federal Range for week (mixed & Indus, coll.) 1@1 1@1 1@1 1@1 1@1 Week's average (mixed & indus. coll.) I 1 1 1 1 IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX 1X IX IX IX IX IX IX IX IX IX IX 469,000, Treasury cash increased $42,000,000, and currency circulation was $123,000,000 higher at a new record high of X@l x@l X@ 1 X@1 X©1 $8,006,000,000. The net result of all these various factors was an expansion of $17,864,000 in actual member bank re¬ serves to a total of $13,515,998,000 and a decrease of $20,000,000 in excess reserves to a total of $6,490,000,000. Sel¬ dom lias the net change in the banks' reserve position over Time loans (mixed & Indus, collateral): with Thirty days Sixty days Ninety days. Four months .. Five months. _ Six months _ Commercial pai>er: Double and single names: Prime 4 to 6 months Good 4 to 6 months. X @ 1 X@1 Trading in bankers' acceptances continued inactive as offerings proved again entirely insufficient for the demand. Outstanding acceptances according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York, issued Aug. 12, totaled $188,350,000 July 31, as compared to $206,149,000 June 29 and $236,010,000 July 3'1, 1939. All classes of bills showed declines, with import bills dropping from $79,284,000 June 29 to $75,465,000 July 31, export bills from $43,292,000 to $32,081,000, domestic warehouse credits from $27,872,000 to $26,473,000, and bills based on goods stored in or shipped between foreign countries from $34,019,000 to $32,327,000. Bills held by accepting banks amounted to $151,851,000 o£ which sum $102,764,000 were own bills and $49,087,000 bills of others. Rates for bankers' acceptances remained unchanged atlA% bid and 7-16% asked for 30-day, 60-day and 90-day bills, at 9-16% bid and ^2% asked for 120-day bills, and at %% bid and 9-16% asked for bills running 150 and 180 days. The York New Federal discussed Review" acceptances as Reserve conditions in Bank the in market its "Monthly for bankers' 1..J. » • • - - •' Xa7u Xa7it 9i6 aX Xa9it Xa9it Xa'it Xa7 is htaX Xa916 Xa9it Xa1 is Xa71« Xa7it h taX 540916 Xa9n 6.... - . 7 Xaht Xa7\t Xa7 it 9i taX Xaht %a9,t Xaht Xa'it Xa7, t 9i taX Xa9 is Xaht Xa7,t htaX Xa9,t Xa9n Xa7,t 916« Xa9,t Xaht 8-.-. XW\t Xa7 ic 9 Xa1 is Xa7it 10.... Saturday Sunday 11 Xtht X a7 it Xa7,t htaX Xa916 Xaht 13 Xaht Xa7it »i6 aX Xa9 ,t Xa9it 9i tax 14 Xaht Xa7it Xa7it Xa7,t Xa916 Xaht 15 Xaht Xa7it Xa7,« htaX Xa916 Xa9n 16 Xaht Xa7it Xa7,t 9u aX Xa9,t Xa9 k Xaht Xa7it Saturday 17 tSunday 18 9itaX Xa9,e Xa9 is Xa916 Xa9 n Xa9,t Xa9it Xa7it Xa7 ig 3,taX Xa916 Xa9 it Xa7 it Saturday Sunday Xa7it 9,taX Xa916 Xa7u •i taX 23 Xa7n 24.... 25---- X a7 it i^a9u 9it aX , cause Xa91« Xa7 is Xa7it Xa9,t Xa9,t 28 Xa716 Xa7 it Xa7 ,t 9,taX Xa91# Xa9,t Xa7 is Xa7 it •i taX Xa9 la Xa9 is 30 Xa7\t Xa7 it Xa7it Xa7,t 9i tax Xa9,t Xa9 u 31 Saturday by $119,- period been increase the therefor was other deposits increased $14,- small. so of $42,000,000 to be in found in Treasury cash, the the circumstance that the Treasury deposited only $363,001,000 more gold certifi¬ cates with the Federal Reserve banks, compared with a of rise $409,000,000 in the stock. gold The decrease of $4,000,000 in Federal Reserve credit resulted primarily from a of decline $6,274,000 in the regional banks' portfolio of Of this decline in the portfolio, securities. Government $2,000,000 was in Treasury bonds and $4,274,000 in Treasury Thus notes. the Federal Reserve banks continued their policy of making securities available to the market from their holdings whenever demand tended to1 outrun the sup¬ ply of issues from other sources. Bills discounted for mem¬ ber banks were $176,000 higher at a total of $3,848,000. Ex¬ cess at $6,490,000,000 on Aug. 28 were $390,000,000 reserves, under their record loans and high of July 17. investments of the reporting New York senting a net expansion since July 31 of $79,000,000. Loans were reduced by $51,000,000 in this four-week period, but increased $130,000,000. Loans to commerce, and agriculture decreased $7,000,000 to a total $1,691,000,000, and open market paper declined $4,000,000 industry $82,000,000. The principal addition to investments was of $83,000,000 in Government-guaranteed issues, rais¬ ing the total to $1,372,000,000. This rise resulted mainly from subscriptions to the Commodity Credit Corp. notes, to that were payable on Aug. 1. Other securities increased $76,000,000 to a tota] of $1,429,000,000, largely because of purchases of New York City revenue bills. Treasury bills were $65,000,000 lower at $324,000,000, while Treasury notes were mand $10,000,000 higher at $1,062,000,000, and Treasury $26,000,000 to a total of $2,644,000,000. De¬ deposits—adjusted declined $26,000,000, but time de¬ posits increased $27,000,000. As for the weekly reporting banks in 101 cities, their total loans 29 27.... increased were bonds increased Xa9,t 9i taX Xa7 it Xa7n 26 As for ' . 9i tax Xa7,t Xa7it -... ■ Xa7,t Xa7it Xaht • Xa7,t Xa7,e Xaht 21 22 20 four-week which 12.... 19 a of Sunday "• banks high of $8S8,288,000, investments Xaht Saturday 5 Reserve total of $813,094,000, foreign central bank de¬ a banks achieved a record high of $9,600,000,000 on Aug. 21, but the Aug. 28 total was $9^568,000,000, repre¬ Xaht 4 declined $4,000,000, Treasury deposits City ACCEPTANCES 90 Days Secured b/ 60 Days 120 Days 150 Days SO,Days 180 Days Accept'ces Bid & Ask Bid it- Ask Bid & Ask Rid & Ask Bid it- Ask Bid d- Ask 3 use posits in the Federal Reserve banks rose $100,917,000 to a record Total Call Loans 2 Federal the 011,000 to follows: PRIME BANKERS* Aug. Reserve credit in and investments weeks from July 000. Loans were up increased 24 to Aug. 21 to were reduced $238,000,000. by Loans $233,000,000 in a new $5,000,000, to the four high at $24,180,000,- but commerce, investments industry and agriculture decreased $7,000,000 to a total of $4,455,000,000. Treasury bills dropped $59,000,000 and Treasnury bonds were MONTHLY EEYIEW 16 $5,000,000 in the four weeks, but Treasury notes in¬ $25,000,000, Government-guaranteed issues increased $104,000,000, and other securities increased $115,000,000. Demand deposits—adjusted declined $28,000,000 to $20,950,000,000. New York City reporting bank loans to brokers and deal¬ ers in securities—the so-called brokers' loans—decreased off creased $43,000,000 in the four weeks from July 31 to Aug. 28 to a record low of $259,000,000. Loans to others for pur¬ new $5,000,000 to $162,- chasing or carrying securities declined Street loans, as compiled by the New York Stock Exchange, decreased $13,853,043 during August to $315,- 000,000. 979,000 Aug. 31 from $320,833,543 July 31. On Aug. 1939, these loans outstanding amounted to $508,577,554. EXCHANGE STERLING COURSE OF Nothing new DURING 31, Early in August the security deposit in Montreal to hold in custody Kingdom British-held United States and Canadian securities sent to Canada under instructions of the British Treasury. British Board of Trade figures of August, end the of balance givtta Great for July, published toward emphasized the growing adverse trade Britain. Total imports for July were £87,000,000, against total exports and re-exports of £32,990,000, an excess of imports of £54,010,000. Another indication of financial pressure was seen in the as plans of the British Government, announced toward the end of August, to proceed With the project to construct a chain of aircraft factories in this country designed to produce than less not 1,300 planes a month. The reason for the the plants 011 this side was apparent in of establishment AUGUST British authorities put into effect arrangements made at the end of July to establish a United view of the abundance here of aircraft labor and necessary foreign in of importance in August. situation exchange be said respecting the can It announced was that beginning on July 18 additional British ex¬ change restrictions would effect the virtual elimination of materials, but finally the wages and costs must come from the existing to Steps free market in sterling. then taken were Restrict future accumulation of such sterling for Amer¬ ican The account. restrictions became fully effective on Aug. 5. Provision also made at that time for the opening by States banks of "registered" sterling accounts with United was authorized British banks in order to facilitate transactions in A number of the leadingapplied for such accounts, acquiring modest of sterling for this purpose either directly from sterling at the official rates. American banks amounts authorities the British from or Federal the Reserve Bank New of York, which acts as agent for and for the Bank of England, buying at $4.02% and $4.03y2. As remained as of result a these restrictions new such possible in the free market account of selling at executed were of $4.03%; England were Canada, $4.43-$4.47; follows: as dealt in New $4.02%- York, Australia, New Zealand, $3.2280-$3.2442. $3.2150-$3.2280; sterling 011 the basis of $4.02 buying and $4.04 selling for cable transfers. The volume of trading throughout the month in registered small, since was large proportion of the trade between the United States and the sterling area was appar¬ a ently invoiced in dollars. This invoicing in dollars of ster¬ ling area, accounts had been under way for several months part of as to the urgent of the program London authorities bring about world-wide application of the official rates. In London and in countries land, and not was Rumania. York exchange the on following quoted: Germany, Czechoslovakia, Po¬ Norway, Holland, Belgium, Italy, France Denmark, sional New However, in New York there quotation for German the free transactions tions, permitted The 110 which, owing to the possible fluctuation. sterling-dollar rate remained quotation in all world markets. prime a New York, object in war, it only regula¬ practicable case since only too clearly was This the as of United free States balances dollar in ruled premium. a general attitude sponsible for to establishment much as everywhere at the toward advance in the $20,871,000,000 Aug. 011 eral Reserve Bank reported for foreign account in the dollar United 28. was States On Aug. that the total New York largely gold 21 re¬ holdings the Fed¬ gold earmarked was approximatelv $1,060,000,000. As an to of the the Reserve Bank of India that firm adherence of the sterling exchange regulations, the July 31 announced to the market British on would thereafter be sold freelv bv any banker sterling from a United States or Swiss registered rupees against account. Last April the Indian Bank forbade the sale of rupees against sterling to residents of British Dominions and other important places unless it could be shown that the which offered against purchase of such rupees had been at the official rate. was The Bank's decree of July 31 was in effect ment of the dominance of official an acknowledg¬ sterling in the market. Indications of the financial pressure 011 Great Britain were emphasized by several circumstances in August. Sir Kingsley Wood, Chancellor of the Exchequer, took occasion to refer to his budget speech of May 23 in which he esti¬ mated that the deficit for the current fiscal year to be met of savings or other means would amount to £2,200,- 000.000, months in notes and in quoted were different at $3.-10, while so-called official exchange market the above "free" marks, pegged or 40c., Bank of Eng¬ $2.50 between times were available in the market for 10c., and Italian lire, quoted in exchange market- at 5.05, could be had at around-3.75er the fact notes — 21 the Biltish Treasury announced that Til view that considerable amounts of Bank' of England D11 ".Vug/ of the held were France in and territories other occupied by Germany and might therefore fall into enemy hands, it iiad been decided to prohibit the import of Bank of England into the notes Steps them also at taken to give date of holders existing opportunity to realize an the were order United Kingdom, effective immediately. were countries in neutral bank notes held by on the i>rohibition and certain facilities given to incoming travelers. Relaxation of the allowing bona fide owners of notes Unneutral tries to convert their holdings was based on a coun¬ schedule gov¬ erned chiefly by their nearness to the enemy, but the maxi¬ period allowed was six days. The value of sterling in the market was in no way affected by this restriction, since commercial and financial mum transactions not are carried out by means bank of notes but by checks It territories in concerned. their notes at mail the notes to once Americans to American instructed were to turn banks, which would then England. London open market money rates continued easy through¬ the out %%. month, with call Bill rates were money against bills in supply at unchanged from the previous month, with two months' bills at 1 1/32%, three months' bills at 1/16%, .four months' bills at 1 3/32%, and six months' bills at 1%%. 1 The Canadian dollar under the impetus of seasonal tourist requirements continued to find support until after Aug. 15, when the demand diminished noticeably. On Aug. 12 the New York Bankers Foreign Exchange Committee announced the text of rulings received from the Bank of England covering business relations between the United States on the one hand and Canada and Newfound¬ land 011 cerned. the other, so far as sterling payments were con¬ The principal rules follow: The Canadian Exchange Control Board is prepared to'pay only sterling or Canadian dollars for goods of sterling area origin imported into Canada and Newfoundland, irrespective the goods are purchased in the sterling area or elsewhere. When such goods are purchased in the United States, for sterling, the sterling paid by the Canadian Con¬ trol Board and firms contrast earlier of to his predecessor's £1,433,000,000. estimate a few through authorized Canadian resident in be available for credit the to United States banks to persons will in the future United States registered account. This applies■ only to sterling paid by an authorized dealer in Canada in respect of contracts entered into by Canadian importers after July 18, 1940. Montreal sterling acquired out by the currency dealers at severe discounts. land of whether indication countries area foreign currency notes of European countries were flowing into New York in large quantities, where they were offered exchangeable with currency authorities of the various evident in August that bankers and financial interests had as of compared with £529,498,805 a year earlier. Tnroughout the month it became increasingly evident that and As has been the long before the outbreak of the may it is only too clear that the trend is upward. Bank England note circulation 011 Aug. 28 was £010,042,000, vary, 40.05 London the However the total circulation 389,010 a year earlier. around commercial traders everywhere was centered upon the finan¬ cial pressure 011 the European nations and its probable effects 011 the future of exchange values rather than 011 current 14 circulation the Aug. 21. banking interests and of international of Aug. compared with £512,- occa¬ for registered marks around 12.10. The range for free sterling cable transfers in August was between $3.83 on Aug. 1 and $4.03% on attention for peak of £013,907,000, new a Bank of England note circu¬ statement an and The Bank's the and cable transfers. was planned that Bank of England notes held inside sterling area should continue to be freely negotiable was mark I11 at was American commercial banks official accounts the continued expansion of the lation. at much higher rates than at any time since May, and fre¬ quently at rates higher than the official sterling quotation. Throughout the month the official rates quoted by the Bank to be established. or 8till another sign of financial stress in Great Britain was currency transactions . already lodged here British resources July month funds between a in the free discount of market 14%% ranged and a during discount the of 11%%. In commenting 011 the foreign exchange situation during August the Federal Reserve Bank of New York said in its "Monthly Review" for Sept. 1: "The New York free market for the pound sterling seems to have virtually disappeared during the past month as the result of the progressive drying up of the supply of ster¬ ling balances which had been held in American accounts before the tive rate July restrictive British regulations became effec¬ July .18. After ending July at $3.83%, the pound continued to advance irregularly during the first half 011 of a covering demand and high of $4.03% on Aug. 16. The free rate had thus, for the first time since October, 1939, reached parity August under the stimulus of touched Commissioner, whose with the official rate at which the ply sterling against dollars. the around the free for rate pied and the unoccupied portions of France were completely dominated by the Berlin authorities. This was clearly British authorities sup¬ shown During the latter part of the pound fluctuated narrowly official rates, holding within a range of $4.00beginning of the became distinct from the London rate. to The exchange control and fixed official buying and selling rates for the dollar, and at that time the New York latter part of August when Marshal Petain, act He admitted that "the Germans hold it" whenever they choose. authorities have not only taken over the freely. German direction of banking in France, but have to a greater or less sterling rate The free market in degree assumed control of banking, commercial and finan¬ supplied primarily by withdrawals of existing foreign-owned balances from London and the pro¬ cial markets in all the invaded countries. ceeds of imports into the sterling area which Avere paid Commerce sterling in at first was sterling which could not be converted into other Figures for published curren¬ amounted months Netherlands of ward the Despite war. reaction temporary a to revision free rate fluctuated fairly close to the official level during the first six months of the war, since foreigners were able to use free-market sterling posed sterling in payment for exports from the new exchange regulations im¬ By means of area. which and as $3.75 in September, 1939, accompanying some down¬ of the official buying rate for dollars, the as March by United the States Treasury were subsequently to bonds, $1,400,000,000. direct frozen by presidential decree, These figures include stocks investments investments and amounted short-term to deposits. $1,080,086,000 and Belgian investments to $305,675,000. Even the Swedish krona and the Swiss franc, the two remaining independent European currencies, cannot be said to be entirely free from German economic direction, though the currencies of both countries in the foreign exchange market are firm as now the at as beginning of the 8, 1940 (and somewhat reenforced on June 8), the British authorities took steps to eliminate this The Swedish krona possibility, and August between 22.71% and 22.83 for cable transfers. for on free-market reaction result of this reduction in the demand as a sterling, together with the military successes in Europe, New York quotations for the pound dropped to an all-time low of $3.00 on May 10. Subsequent restrictions on the supply of unofficial the as sterling in this market, however, particularly result of the regulations, effective July 18, finally instrumental in strengthening the free rate to a level, or less in line with the official rates quoted by the were more Bank of England 23.90 and psychological German to the for cable pound sterling following the action of the Swiss National Bank in dollar to 4.39 from 4.40 revising its into the bank notes longer Bank of England United Kingdom. may no quoted in this market at about $2.90. "Swiss exchange appeared to have continued in demand throughout the greater part of August. On Aug. 12 the rate for the Swiss franc was allowed to appreciate from $0.2274 to about $0.2279, near which level it has subsequently re¬ Canadian dollar, which showed a firm ten¬ market during June and July, held steady during most of the past month at a discount of around 13%. "Among the Latin American exchanges, the Cuban peso weakened somewhat in terms of the dollar during the past month and the Mexican peso, which firmed to about $0.2030 July, moved irregularly lower to about $0.2006 at the of August." end during August Review" of gold movement at the Port of New York outlined were Federal the Sept. 1: ' follows as Reserve Bank in of the New "Monthly York However, London bankers expressed skepticism regarding suggestion that Swiss capital was returning from the United States. They pointed out that Switzerland is hardly in position to export or import gold to or from any desti¬ a nation without German permission. Exchange trols, although The The unofficial 22.00@22.10 zil milreis 5.01@5.15 Reserve banks decreased month. $320,500,000 of gold was Commerce, a total of imported in the four weeks ended limited peso fiuctuatetd rather widely, as it varying trade and exchange conditions. which was firm at 20.50c. in the early free market or rate on Buenos Aires 7 CONTINENTAL AND Nothing significant OTHER reliable FOREIGN EXCHANGE be said regarding the Continental foreign exchange situation. As noted above in the resume of or sterling can exchange, exchange on all the in¬ vaded countries is not quoted, while there were only occa¬ sional for quotations for the so-called German free mark and the Italian lira. On Aug. 2 the new French Minister of Yves Bouthillier, gesture Stock was arrived portant transactions Karl German Scheffer were military open His Hellmuth authorities for on the French banks. Jost first symbolic Aug. 6, but the only six days and no im¬ on effected. Commissioner chief supervisor of all director Paris. the reopening of the Bourse Exchange remained The in Finance, M. Marcel was named Aug. 3 named Dr. Bank of France and German Reichsbank permanent deputy in both offices. The Bank of France was ordered to notify the Commissioner of all operations and to prepare a monthly statement for him. All banking measures, such as credits and the setting of interest rates, must be approved by the was Aug. 31, the on from Far Eastern months many other sterling bloc the establishment Hongkong dollar and countries previous, Eastern of presented except that currencies official no the became sterling rates. the The London price for 23%d. on siiver was 22 5/16d. on Aug. 1, and The Hongkong dollar was 23.28@23.63 Aug. 30. Aug. 1, and 22.26@22.45 on Aug. 31. The Shanghai yuan 6.05 on Aug. 1 and 5.23@5.37 on Aug. 31. Yen checks was were Of this amount, $213,100,000 came from Canada, $50,600,000 from the United Kingdom, $11,500,000 from India." to South American markets. 23.43@23.50 on Aug. 1 and 23.42@23.50 on Aug. 21. Portugal, $10,100,000 from South Africa, $8,300,000 from Colombia, $4,600,000 from Brazil, $4,300,000 from The Neth¬ erlands Indies, $3,600,000 from Sweden, $3,200,000 from Mexico, $2,900,000 from the Philippines, $2,700,000 from Hongkong, $700,000 from Peru, and $700,000 from British con¬ owing Shanghai yuan fluctuated widely as political developments in the Far East and in Europe tended to circumscribe trade in these areas. on "As reported by the Department of extremely was on on Exchange The Federal held was Aug. 1, and 22.70@22.80 on Aug. 31. Bra¬ were quoted at 5.04@5.15 on Aug. 1, and at with the more Mexican peso, The and at countries part of the month, gradually eased off toward the end of August to 20.30c. Indian $60,000,000 during the month to a total of about $1,700,000,000 at the end of August. The gold stock of the United States increased about $450,000,000 during the business Argentine free subject to was firmer about American the adverse trade position of the changes Gold held under earmark for Latin the on steady throughout the month by the various exchange for . Swiss dollar requirements were well covered. tinued in substantial volume. account States below the price prevailing at the beginning of the war was "Imports of gold into the United jStates declined further during August from the peak reached in June, but still con¬ foreign United the reason for the Swiss action was apparently unknown London,, but the fact that the Swiss quotations for the in imported British notes are now the for Swiss francs. The ... be exemptions, Details of price buying the in in Regarding the Swiss franc a cabled dispatch from Lon¬ on Aug. 13 said that the quotation for the Swiss franc been raised to 17.65-17.75 from 17.70-17.80 to the certain the ranged had to in francs don taken to indicate that dency Swiss transfers. authorities, presumably for the purpose of tightening the exchange control and preventing the redemption of British currency held in the occupied territories of Europe. Subject The war. ranged during the month between 23.78% dollar from the date of the change became 7 Swiss centimes "On Aug. 21 a further measure was taken by the British mained. and Departments at the end of July showed that Dutch and Belgian investments in this country on May 1, cies through the official London market. Sales of foreign held sterling securities, no doubt, were also an important factor in the supply in the free market during the early low to the rope and twist inaugurated British the war the American reporters that the Government of France is not able the in head of the French Government at Vichy, acknowledged the $4.03%. "At the bank. the occu¬ expenses are to De borne by All business and commercial operations in both a month 17 MONTHLY EE VIEW Sept., 1940] RATES OF EXCHANGE ON LONDON IN POUNDS Bankers' Bills * Cable Transfer Aug. 1. 3.8234 a3.88?4 3.83 Aug. 2. 3.86 a3.89 Aug. 3. 3.86 a3.90 3.8634 a3.8934 3.8634 a3.9034 Aug. 4. SUNDAY a3.89 SUNDAY Aug. 5. 3.86 Aug. 6. 3.88M 03.94 Aug. 7. 3.92 Aug. 8. 3.8934 a3.94 3.89 a3.9434 3.9234 a3.9534 3.8934 a3.9434 Aug. 9. 3.8934 a3.97 3.90 3.96 3.9634 a3.9834 Aug. 11. Aug. 12. Aug. 13. Aug. 14. Aug. 15. Aug. 16. a3.8934 3.8634 a3.8934 a3.94H a3.98 SUNDAY 3.96 a3.98 SUNDAY a3.9834 O4.0034 3.9634 a3.99 3.96 3.99 a4.0234 4.01 a4.03 4.01 a4.03 3.9934 O4.03 4.0134 04.0334 4.0134 a4.03 34 Aug. 17. 3.9934 a4.02 Aug. 18. Aug. 19. 4.0034 a4.03 Aug. 20. 4.01 Commercial Bills, Sight Aug. 10. Aug. 31. STERLING 3.97 4.00 SUNDAY a4.01 a4.0234 SUNDAY 4.0034 O4.0334 4.0134 04.0334 a4.03 Sight 3.78 3.75 3.87 SUNDAY 3.78 3.92 3.9034 3.88 3.96 3.96 3.98 3.93 4.00 4.00 3.95 SUNDAY 3.99 4.00 Aug. 21. 4.02 a4.0334 4.02 34 O4.0334 3.99 Aug. 22. 4.02 Aug. 23. 4.02 Aug. 24. 4.02 a4.0334 a4.0334 a4.02?4 4.0234 O4.03J4 4.0234 04.0334 4.0234 a4.03 3.98 3.99 Aug. 25. SUNDAY Aug. 26. 4.02 Aug. 27. 4.02 34 a4.03 Aug. 28. 4.0214 a4.03 SUNDAY a4.02 34 Aug. 30. 4.03 a4.03 34 4.0234 a4.03 4.0234 04.0334 4.02 34 04.0334 4.02 34 04.03 34 4.0334 O4.03 34 Aug. 31. 4.03 04.03 34 4.0334 04.03 34 Aug. 29. * 4.02 34 a4.04 ' 3.95 SUNDAY 3.98 SUNDAY 3.99 3.99 3.99 3.99 3.99 3.99 No rates available for 60 days, 90 days, documents for payment, and seven-day Uraln bills. . - 18 MONTHLY EE VIEW / DAILY Switzerland France Cables OF FOREIGN Escudo Cables Checks 22.72Ha.74H 23.73 a22.75 3.81 O4.00 Aug. o22.75 22.72 Ha22.76 3.81 a22.75 3.83 22.72Ha.74H 22.73 o4.00 Aug. a4.00 Aug. 22.72 Aug. 22.72a22.74H 22.72Ha22.75 3.82 a4.00 Aug. Aug. Aug. 6. Aug. 22.72 Ha22.74 22.73a22.74H 3.82Ha4.00 a4.00 22.71a22.74H 22.71 Ha22.75 3.82 Aug. Aug. 22.72a22.74H 22.72 Ha22.75 3.82Ha4.00 Aug. Aug. a22.75 3.82 22.72Ha.74H 22.73 a22.74 22.72Ha.74H 3.81 22.72 Aug. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 1.7. 18. 19. SUNDAY Aug. O4.00 O4.00 Aug. SUNDAY Aug. 11.. Aug. 22.75Ha22.79 22.76 a22.80 3.81 a3.95 Aug. Aug. 14.. No rates No rates a22.83 3.82Ha3.95 22.78Ha22.82 22.79 22.78 a22.81 22.78Ha22.82 3.85 03.95 Aug. Aug. 15.. available available 22.78 O22.80 22.78Ha22.81 3.87 O4.00 Aug. 22.77 a22.81 22.77Ha22.82 3.85Ha4.00 a22.79 22.77Ha22.80 3.86 a4.00 Aug. Aug. 12.. Aug. 13.. Aug. 16.. 22.77 Aug. 17.. Aug. Aug. SUNDAY Aug. 18.. Aug. 12 12. 3. 4. 5. Aug. 10. Argentina Dollar Peso Checks Aug. Aug. Canada Cables Aug. Aug. EXCHANGE Portugal Franc Franc Checks RATES all % % discount 29.77 56.97o56.98H 29.77 56.97a56.98H 29.77 56.97o56.98H SUNDAY 13Hal3% 13Hal3% 13Hal33i6% 13Hal3H% 13Hal3H% 13Hal3H% 13Hal3M% 29.77 discount available 29.77 discount 29.77 discount discount discount discount 29.77 56.97o56.98H 56.97a56.98H 29.77 56.97o56.98H 29.77 29.77 29.77 56.97o56.98H 56.97o56.98H 56.97a56.98H Aug. 24. 13Hal2H% discount SUNDAY 03.90 Aug. 27. a22.80 22.76Ho.80H 3.82 a3.90 Aug. 28. Aug. 30.. a22.79 22.76Ha22.80 3.83Ha3.90 022.80 3.83 a3.90 22.75Ha22.79 22.76 Aug. 30. Aug. 31- 22.75Ha22.79 22.76 22.76 Aug. 29.. 22.76 Germany Sweden Reichsmark Krona Checks Cables SUNDAY Aug. 25. a22.79 22.75Ha22.80 3.84 022.80 3.85 22.75Ha22.79 22.76 Aug. 28.. 29.77 discount Aug. 23. 22.75 O22.80 3.83 04.00 Aug. 29. Aug. 31. Hungary Pengo Cables Checks 56.97a56.98H 56.97a56.98H 29.77 29.77 56.97a56.98H 29.77 29.77 56.97a56.98H 56.97o56.98H 29.77 56.97o56.98H Brazil Chile Bolivia Ecuador Milreis Peso Boliviano Sucre Cables Checks Checks Checks Cables 29.77 13Hal3% discount 13ii#al2i*i«% disct. 12Hal23ia% discount 12 Ha 12% discount 12Hal2H% discount 12Hal2H% discount Aug. 26. a3.90 56.97o56.98H 56.97a56.98H 56.97o56.98H 56.97a56.98H 29.77 discount Aug. 21. Aug. 26.. Aug. 27- 56.97o56.98H 56.97a56.98H 29.77 No rates o22.79 22.77Ha22.80 3.83 o4.00 O22.80 3.82Ha4.00 22.76Ha22.79 22.77 Aug. 25.. 29.77 discount discount 22.77 a22.79 22.77Ha22.80 3;83Ha4.00 56.97a56.98H 56.97o56.98H 29.77 SUNDAY Aug. 20. 22.77 29.77 29.77 discount Aug. 24.. Aug. 22.. 56.97o56.98H 56.97a56.98H 56.97a56.98H 56.97a56.98H SUNDAY Aug. 23.. 22.77a22.80H 22.77 Ha22.81 3.83 29.77 29.77 discount Aug. 21. Aug.21.. Aug. 1 29.77 13Hal2H% discount 13 al2°i6% discount 135i«al213i«%discount 13Hal3H% discount 13Hol215is%discount a4.00 Aug. 20.. a22.80 3.85HO4.00 022.81 3.84Ha4.00 Peso Checks Cables 12Hal21i6% discount 13 al2H% discount 13Hal35u% 13Hal3H% 14Ha 13H% 13Hal37i#% 13Hal2H% 22.76 Ha22.79 22.77 22.77Ha22.80 22.78 Aug. 19_. Colombia Cables 5.17 Aug. .99 a40 23.83 023.89 ,83Ha23, 19.37ol9.50 Aug. 3.00 5.70 Aug. .98 o40 23.83 023.89 ,83Ha23, 19.37ol9.50 Aug. 5.02 05.15 5.17 3.00 5.70 Aug. 99 o40 23.81 023.89 ,81Ha23, 19.37ol9.50 Aug. 5.03 05.15 5.17 3.00 5.70 Aug. 99 Aug. .98 Aug. .98 Aug. 98 SUNDAY a40 23.82 023.89 ,82Ha23, 90 19.37ol9.50 Aug. o40 23.83 023.86 ,83Ho23, 87 19.37ol9.50 Aug. a40 23.79Ha23.86 ,80 a23 87 19.37ol9.50 Aug. a40 23.79 ,79Ha23, 85 19.37ol9.50 Aug. 8. 19.37ol9.50 Aug. 9. a40 Aug. 98 Aug. 10.. 95HO40 Allg. 11.. 023.84 23.79 Ho23.85 52 "3 J9 ,80 _ 023, 86 ,79Ha23 .8&L19..37 al-9 50 o23J85 . SUNDAY Aug. 12.. ,95 a40 23.80 023.85 Aug. 13.. .95 o40 23.80 023.85 ,80Ho23, ,80Ha23, . • —...Augv'l'Ow Aug. 11. 3.00 5.70 5.03 o5.15 5.17 3.00 5.70 5.03 05.15 5.17 3.00 5.03 05.15 5.17 3.00 5.Q3, 05.15 5.17 _3.00 5.02 o5,15 ~507. 5.70 _.-3.00l 5.70 _ —5.70 SUNDAY 5.02 05.15 5.17 3.00 5.70 Aug; 13. 5.02 05.15 5.17 3.00 5.70 5.03HO5.15 5.17 3.00 5.02 05.15 5.17 3.00 5.70 5.02 05.15 5.17 3.00 5.70 5.17 3.00 5.70 3.00 5.70 No rates ,95 o40 23.79Ho23.86 ,80 a23, Aug. 14. available ,95 o40 23.82Ha23.86 ,83 023, 19.37al9.50 Aug. 15. available Aug. 16.. ,94 a40, 23.81 023.87 ,81 Ha23, 19.37ol9.50 Aug. 16. Aug. 17.. 023.87 ,81Ha23. 19.37al9.50 Aug. 17. ,81Ha23, 19.37al9.50 19.37al9.50 5.70 5.02 a 5.15 Aug. 19. 5.02 05.15 19.37al9.50 Aug. 20. 5.02 05.15 5.17 3.00 5.70 19.37al9.50 Aug. 21. 5.02 05.15 5.17 3.00 5.70 19.37al9.50 Aug. 22. 5.02 05.15 5.17 3.00 5.70 82Ha23, 19.37al9.50 Aug. 23. 5.02 05.15 5.17 3.00 5.70 84Ha23, 19.37al9.50 Aug. 24. 5.01HO5.15 5.17 3.00 5.70 5.70 .93 o40. 23.81 Aug. 19.. ,94 a40, 23.81 Aug. 20.. .94 o40, a23, ,92 o40, 23.80Ho23.87 23.80Ha23.88 ,81 Aug. 21.. ,81 o23, Aug. 22.. 93 o40. 23.81 023.87 81 Ha23, Aug. 23.. 93Ha40, 23.82 023.87 Aug. 24.. 93Ho40. 23.84 o23.87 SUNDAY Aug. 18. SUNDAY 023.87 5.70 . Aug. 12. Aug. 15_. 5.17 SUNDAY Aug. 25. SUNDAY o40 5.17 19.37al9.50 Aug. 14.. Aug. 25.. 5.03Ha5.15 19.37al9.50 No rates Aug. 18.. a 5.15 Aug. SUNDAY Aug. 5.04 Aug. 26. 5.02 05.15 5.17 3.00 Aug. 26.. 93 23.81Ho23.87 ,82 a23, 19.37al9.50 Aug. 27- 93HO40, 23.82 ,82 H 023. 19.37al9.50 Aug.27. 5.02 05.15 5.17 3.00 5.70 Aug. 28-. 92HO40. 23.81Ha23.87 ,82 023, 19.37al9.50 Aug. 28. 5.02 05.15 5.17 3.00 5.70 Aug. 29.. 93 23.78 78Ho23. 19.37al9.50 5.02 05.15 5.17 3.00 5.70 Aug. 30.. 93Ha40. 23.80Ha23.86 ,81 023. 19.37al9.50 5.02 05.15 5.17 3.00 5.70 Aug. 31.. 94 23.82 ,82Ho23, 19.37al9.50 Aug. 29. Aug. 30. Aug. 31. 5.01 05.15 5.17 3.00 5.70 040, o40. 023.87 023.87 a23.86 Spain Italy Peseta Lira Checks Cables Finland Uruguay Venezuela Peru Japan Hongkong M arkka Peso Bolivar Sol Yen Dollar Cables Cables Cables Cables Cables Cables Cables 1 Checks Aug. 1— 9.13a9.25 5.03Ha5.07 1.97o2.05 Aug. 1. 65.83 29.25o31.75 15.50ol6.00 23.43 O23.50 23.28 023.63 Aug. 2__ 9.13a9.25 5.03 O5.07 1.97o2.05 Aug. 2. 65.83 29.25o31.75 15.50al6.00 23.43 O23.50 23.30 023.61 1.97o2.05 1 Aug. 65.83 29.25a31.75 15.50al6.00 23.43 a23.50 23.15 023.16 O23.50 23.07 023.10 Aug. 3__ Aug. 4__ Aug. S.¬ 9.13a9.25 Aug. 6_. 9.13a9.25 Aug. 7-- 9.13a9.25 Aug. 8-- 9.13a9.25 Aug. 9_. 9.13a9.25 Aug. 10— 9.13a9.25 9.13a9.25 5.03HO5.07 Aug. 11-- 1.97O2.05 Aug. 65.83 29.25fl31.75 15.50al6.00 23.44 1.9702.05 Aug. 65.83 29.25o31.75 45.50al6.00 1.97O2.05 Aug. 65.83 29.00a31.75 15.50al6.00 022.72 23.43Ha23.50 22.53 23.43 O23.50 22.44Ha22.60 5.03HO5.07 5.03Ho5.07 5.03Ha5.07 5.03Ha5.07 5.03HO4.07 1.97o2.05 Aug. 8. 65.83 29.00a31.75 15.50al6.00 23.43 2.02o2.05 Aug. 9. 65.83 29.00o31.75 15.50al6.00 23.43Ha23.50 22.18 022.35 5.03HO5.07 1.97O2.05 Aug. 10. 65.83 29.00o31.75 15.50al6.00 23.43 O23.50 22.12 022.25 9.13o9.25 Aug. 13.. 5.03Ha5.07 9.13o9.25 Aug. H.¬ No rates 9.13a9.25 Aug. 15— available 9.13a9.25 Aug. 16— 9.13a9.25 Aug. 17-- 9.13a9.25 No rates available 5.03Ha5.07 5.03Ha5.07 5.03HO5.07 5.03Ha5.07 023.50 22.29 022.35 SUNDAY Aug. 11. SUNDAY Aug. 12.. SUNDAY Aug. SUNDAY 1.97o2.05 Aug. 12. 65.83 28.50o31.75 023.50 22.09 022.25 1.97o2.05 Aug. 13. 65.83 28.50o31.75 15.50al6.00 23.43 023.50 22.12 022.30 1.97o2.05 Aug. 14. 65.83 28.50o31.75 15.50al6.00 23.43 O23.50 22.03 a22.25 1.95o2.05 Aug. 15. 65.83 28.50o31.75 15.50al6.00 23.43 1.97o2.05 Aug. 16. 65.83 28.50o31.75 15.50al6.00 23.43 O23.50 22.12 Ha22.35 022.60 O23.50 22.22 15.50al6.00 23.43 5.03Ha5.07 1.97O2.05 Aug. 17. 65.83 28.50o31.75 15.50al6.00 23.43 O23.50 22.50 022.80 Aug. 19.. 9.13a9.25 5.03 O5.07 1.97O2.05 Aug. 19. 65.83 28.50o31.75 15.50al6.00 23.43 O23.50 22.52 022.55 Aug. 20— 9.13a9.25 5.03Ha5.07 1.97O2.05 Aug. 20. 65.83 28.50o31.75 15.50al6.00 23.43 a23.50 22.32Ha22.55 Aug. 21.. 9.13o9.25- 5.03 1.97O2.05 Aug. 21. 65.83 28.50o31.75 15.50al6.00 23.43 023.60 22.43 Aug. 22.. 9.13o9.25 5.03Ha5.07 1.97o2.05 Aug. 22. 65.83 28.50a31.75 15.50al6.00 23.43 a23.50 22.57 022.75 Aug. 23— 9.13a9.25 5.03HO5.07 1.97O2.05 Aug. 23. 65.83 28.50o31.75 16.00 23.43 O23.50 22.68 022.84 Aug. 24.. 9.13a9.25 5.03 O5.07 2.00a2.05 Aug. 24. 65.83 28.50o31.75 16.00 23.44 O23.50 22.62 O22.80 23.44 a23.50 22.47Ha22.70 Aug. 18— SUNDAY Aug. 18. SUNDAY O5.07 022.55 SUNDAY Aug. 26— 9.13a9.25 5.03 05.07 1.97O2.05 Aug. 25. Aug. 26. 65.83 28.50O31.75 Aug. 27— 9.13a9.25 5.03 O5.07 1.97O2.05 Aug. 27. 65.83 28.50031.75 16.00 23.44 Aug. 28— 9.13a9.25 5.03 05.07 1.97O2.05 Aug.28. 65.83 28.50031.75 16.00 23.43 a23.50 22.47 022.65 Aug. 29— Aug. 30— 9.13a9.25 5.03 O4.07 1.97O2.05 Aug.29. 65.83 28.50031.75 16.00 23.43 a23.50 22.47 022.67 9.13a9.25 5.03 05.07 1.97a2.05 Aug. 30. 65.83 28.50o31.75 16.00 23.43 a23.50 22.43 022.53 9.13a9,25 5.03 H 05.07 1.97O2.05 Aug.31. 65.83 28.50a31.75 16.00 23.42 023.50 22.26 022.45 Aug. 25.. SUNDAY Aug. 31_. Rumania Bulgaria Yugoslavia Greece Leu Lev Dinar Drachma Cables Cables Cables Checks Cables 2.24H02.35 2.24H02.35 2.24H02.35 .66Ha.71H .65Ha.71H .66H0.72 .65H0.72 .65H0.72 .SOo.55 1.00 .500.55 1.00 .500.55 1.00 .65H0.71H SUNDAY .500.55 1.00 .50a.55 1.00 .50a.55 1.00 .500.55 1.00 .500.55 1.00 .500.55 1.00 2.24H02.35 2.24H02.35 2.24H02.35 2.24H02.35 2.24Ha2.35 2.24Ha2.35 .66Ha.71H .66Ha.71H .66Ha.71H .66Ha.71H .66Ha.71H .65Ha.71H .66H0.72 1.00 .SOo.55 1.00 .500.55 1.00 .50a.55 1.00 .SOa.55 1.00 .500.55 1.00 2.24Ha2.35 2.24H02.35 2.24Ha2.35 2.24H02.35 2.24Ha2.35 2.24Ha2.35 1.00 1.00 .SOo.55 1.00 .50a.55 1.00 .50a.55 1.00 .50a.55 1.00 2.24H02.35 2.24H02.35 2.24Ha2.35 2.24Ha2.35 2.24H02.35 2.24Ha2.35 Straits Islands Settlements Yuan Dollar Peso Cables Cables 47.11 H047.62 .17 030.35 53 38 47.11Ha47.62 47.11Ha47.62 .15 a 30.35 63.38 .15 O30.35 53.38 47.11Ha47.62 47.11Ha47.62 .15 030.35 53.38 Aug. 6.00 06.05 49.80a49i3u 49.80a49i*i# Aug. 3- 6.85 05.95 49.80a49i*i# Aug. 4 Aug. 5__ 5.84Ha5.87 49.80a4913i# 6.05 Java Dollar Rupee Guilder Cables Cables Cables SUNDAY 6. 5.76 O5.80 53.38 7- 5.39 O5.70 49.80a4913i# 49.80a49i3i# .12Ha30.35 Aug. Aug. 8. 5.39 05.62 49.80a49i3i# 47.11Ha47.62 47.11Ha47.62 ,12Ha30.35 ,12Ha30.35 53.38 Aug. 9- 5 42 05.75 49.80o49'»i# 47.llHa47.62 .14 030.35 53.38 Aug. 10- 5.39 05.5 0 49.80a49i*i# 47.11Ha47.62 .14 O30.35 53.38 ,12Ha30.35 53.38 53.38 a. 72 Aug. Aug. 11. .66H0.72 .66H0.72 Aug. 12. 5.39 Aug. 13- 5 36 .66Ha,72 Aug. 14- 5.36 .66H0.71H .66 Ha.72 Aug. 15. 5.36 05.62 .66Ha.71H .66H0.72 Aug. 16- 5.39 .65H0.71H .65H0.72 Aug. 17- .65Ha.71H .66Ha.71H .65Ha.71H .66 a. 72 Aug. 19. 5.46 .66H0.72 Aug. 20. 5.36 .66 .66Ha.71H .66Ha.71H .66H0.72 .66Ha.72 .66 .66H0.72 Aug. Aug. Aug. Aug. 21. 22. 23. 24- Aug 25- "05.62 49.80o49i*i# 47.11 Ha47.62 05.62 49.80a49i*i# 47.11Ha47.62 12H030.35 O5.50 49.80o49i*n 47.11Ha47.62 ,12Ha30.35 49.80o49i*i# 47.11Ha47.62 12Ha30.35 53.38 O5.50 49 80a49i*i# 47.11Ha47.62 ,12Ha30.35 53.38 5.42Ha5.75 49.80a49i»i# 47.11Ha47.62 .15 53.38 05.75 49.80a49i«i# 53.38 49.80o49i*n 47.11Ha47.62 47.11Ha47.62 ,12Ha30.35 a 5.62 12Ha30.35 53.38 5.39Ho5.62 49.80a49i*i# 53.38 5.42Ha5.70 49.80o49i*i# 5.49H05.62 49.80o49i*n 12HO30.35 12Ha30.35 12Ha30.35 5.48 49.80o49i'i# 47.11Ha47.62 47.11Ha47.62 47.11 Ha47.62 47.11 H *47.62 12H *30.35 53.38 SUNDAY 05.62 53.38 53.38 SUNDAY .500.55 1.00 .66 0.72 Aug. 26- 5.33 05.50 49.80o49i*i# 1.00 2.24Ha2.35 2.24Ha2.35 .65Ha.71H .600.55 .65Ha.71H .66 a. 72 05.56 49 80a49i*i# 1.00 2.24 H o2.3 5 .65Ha.71H .66 a.72 Aug. 27. Aug. 28. 5.31 .500.55 5.33 a 5.56 49.80o49i»i# .SOa.55 1.00 .65H0.71H .66 fl.72 Aug. 29- 5.26 o 5.50 49.80o49i*n .SOa.55 1.00 .65H0.71H .66 a. 72 Aug. 30. 5.26 05.50 49.80a49i*i# .500.55 1.00 2.24Ha2.35 2.24H02.35 2.24H02.35 47.11Ha47.62 47.11Ha47.62 47.11Ha47.62 47.11Ha47.62 47.11Ha47.62 .66Ha.71H .66H0.72 5.23 05.37 49.80a49i*i« 47.11Ha47.62 O30.35 53.38 SUNDAY Aug, 18. a.72 53.38 SUNDAY .66H0.71H .66Ha.71H .66Ha.71H 0.71H " India ,66Ha.72 SUNDAY .50a.55 .SOo.55 Philippine .66H0.72 .66 Ha.72 .65H0.72 .67 SUNDAY .500.55 a23.50 22.47 H022.70 Shanghai 1. 2. Aug. 16.00 ,12Ha30.35 ,12Ha30.35 53.38 030.35 53.38 ,12Ha30.35 63.38 ,14 53.38 12Ha30.35 53.38 030.35 63.38 12 New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING AUGUST Bond Sales August. Jan. 1 to Aug. 31 1940 1939 $79,705,000 1,022,249,000 $111,394,000 1,067,420,000 1940 Stock Sales 1940 August Shares_ Jan. 1 to 1939 7,614,850 141,886,485 Aug. 31 17,372,781 144,204,786 NOTICE—Oasb and deferred delivery sales are disregarded la the month's range unless they are the only transactions of the month, and when selling outside of the regular monthly range are snown in a footnote in the month in wnich they occur. No account is taken of such sales in computing the range for the year. The tables on pages 19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during August 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. The italic lette s in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying are at a price to which accrued interest must be added. The exceptions to the rule are income bonds interest is in default. This method of quoting bonds became effective Jan. 2, 1909. Quotations after sent one or more 32ds of Sales in a point. 8? Price |'C Jan. 2, >5 Ah 1940 BONDS August N. Y. STOCK EXCHANGE Value bonds and bonds on which decimal point repre¬ Bid Ask PRICES IN AUGUST Aug. 1 Bid Aug. 31 Ask Bid Ask RANGE SINCE JAN. Lowest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices U S GOVERMENT BONDS 40,000 Treasury 434 8 7,000 Registered... 1947-1952 A ... ..1944-1954 J D 114.28 Sale 119.26 119.28 119.29 120 119.17 119.22 Il3."l9 113:22 n§:i8 113.21 113.10 114.25 Sale 1946-1956 M i S 114.22 114.28 113.16 114.6" 114*. 10 114:4" 114.7 113.30 114.1 S 104.21 Sale 162:12 Sale" 162:20 1943-1947 J D 109:20 lib" losb" 108:11 108". 14 1941 F A 105:13 Sale 103:13 Sale" 1943-1945 A O 109:27 Sale 108:10 108~.l4 108:15 ...1944-1946 A O 116:12 Sale i66."7" 109111 109.*11 lbb". 14 D iliao 111*13 30,000 Treasury 3Ha 1941-1943 M Registered 6,000 Treasury 3Ks 2,600 119.31 Sale 119.29 Sale 55,000 Treasury 4s 2,000 Registered 3,000 Treasury 354s 1,000 Registered O 108.9 102.23 102.12 Registered 32,000 Treasury 3348 163:17 Aug. 20 119.28 Aug. 2 119.23 Aug. Aug. Aug. 24 113.20 Aug. 6 113.17 Aug. Aug. Aug. 26 114.6 Aug. 2 114.1 1 102.18 Aug. 108.2 Aug. 108.2 Aug. 14 108.8 Aug. 14 103.16 103.20 103.10 19 108.6 1 Highest. 117.2 June 10 121.6 Apr. 8 6 117 June 10 121.4 Apr. 8 5 111.18. June 10 115.6 Apr. 4 3 111.21 May 29 115.3 Apr. Aug. 5 111.16 June 10 115.9 Apr. 5 Aug. 2 114.1 Aug. 2 114.8 Jan. 30 Aug. 26 102.11 July 25 104.24 Jan. 5 Aug. 2 107.16 May 31 109.30 Jan. 4 Aug. 30 Aug. 12 108.2 Aug. 14 109.21 Mar. 4 103.10 Aug.. 14 105.17 Jan. 4 107:12" June 5 3 Registered 55,000 Treasury 3 34s 2,000 Registered............... 53,000 Treasury 3 34a 3,000 Registered 39,000 Treasury 334a 1,000 ... Registered...... 1946-1949 7 27,000 Treasury 3 J4s 1949-1952 J Registered.........—..... D ....1946-1948 J D 111727 112.4* 111.7 Sale 111.2 Sale 111.28 112 11178 Sale Aug. 16 Jan. 4 108.9 Aug. 12 108.9 Aug. 12 107.11 June 10 109.30 Jan. 11 109.3 Aug. 19 109.10 Aug. 3 109.7 Aug. 8 107.30 June 10 110.21 Apr. 0 Aug. 107.29 June 10 110.14 Aug. 31 108.23 June 3 112.13 Aug. Aug. 26 111.2 Aug. 111.29 109.14 May 24 113.10 Apr. 110.26 Aug. 3 Registered......... 290,000 Treasury 2Hs 1,000 Registered 25,000 Treasury 2«4s 4,000 Registered...— Aug. 15 111.28 110.23 110.7 Aug. 19 110.19 Aug. 26 108 b" III 722 Apr. 3 110.17 Jan. 110.17 Jan. 25 Aug. 16 110.13 Aug. 107.20 June 111.30 Apr. 8 Aug. 17 108.3 Aug. 24 107.26 Apr. 2 106.20 June 109.12 Mar. 8 105.24 May 109.19 Apr. 1 iolhb* May 108:30 Apr."4 lioho Sale" 116:12 llb~.l6 iI6:i5 llb:i8 109:20" <S ..1955-1960 M 8 167:30 Sale" 107:28 Sale" 107:29 108" 1945-1947 M S 166:5 Sale" 1948-1951 M 8 108:8 108". 16 108.5 Registered 96,000 Treasury 2«8— Registered 142,000 Treasury 2^8 j 108*. 10 Sale 108:12 Sale 6 108 107.2 108.21 Aug. 14 108.28 Aug. 22 108.22 107.9 Aug. 25 108.12 Aug. 5 Aug. 3 Aug. 31 Aug. 3 Aug. 31 106.22 Aug. 15 107.16 Aug. 31 106:1" Aug. 14 106.28 Aug. 107.22 ..... 108722 1Q~8*.25 108:28 108.18 D 107:12 Sale"" i07:i2 107:15 107716 Sale 2MB n 1956-1959 M S 106:21 Sale" 106.22 106.26 106.29 107 1958-1963 J D 166:20 Sale 106.14 Sale 1960-1965 J D l66:i3 106.20 166:15 106718 106720 D 108:23 108*.28 108:3" ..1945 J 38,000 Treasury 2 %3 433,000 Treasury 2Mb 20.000 Treasury 2s—... 1948 M 1949-1953 J S 107.18 107.24 1950-1952 1951-1953 M D 105.13 Sale S 105.17 Sale D 102.31 Sale 1954-1956 J D 1947 J 28,000 Treasury 2s.................1948-1950 J 5,000 Registered 106.20 106.23 108".7" i08:i2 106.23 108.15 107.26 107.29 107.29 108 105.13 105.18 105.12 Sale D 164:1*8 104:23 D 103 103.6 Federal Farm Mortgage Corp— 3MB 1944-1964 17,000 3s 1944-1949 M N 2.000 3s 1942-1947 7 J 105.7 2MB 1942-1947 M S 105.2 M 8 Home Owners Mortgage Corp— 31,000 3S series A 1944-1952 M N June 109.26 Mar. 107.24 Mar. 108.12 Apr. 107.28 Mar. 18 May 108 Apr. 103.14 June 104.25 June 13 103.15 June 108.1 Apr. 2 107.29 Apr. 107.29 Apr. 4 6 106.18 June 109.13 Apr. 5 loshb" Aug. 8 106.16 Aug. 5 105725 Aug. 14 106.21 Aug. 5 Ios72 " Aug. 107.18 Aug. 21 7 108.4 Aug. 107:25 103.13 8 3 2 104.28 Aug. 14 105.17 105.15 105.19 105.21 105.24 105.1 103.10 Sale 103.16 103.18 102.31 102.20 Sale 102.27 102.29 102.3 Aug. 15 105.20 Aug. 103.2 May 24 108.31 May 107.2 Apr. 4 103.3 June 105.23 Jan. 5 3 103.4 104.23 104.29 105.3 105.6 104.20 103.15 103.19 103.27 103.30 103.3 Aug. 17 103.18 Aug. 14 102.25 May 107.3 Apr. Aug. 26 101.7 104.23 Apr. Aug. 22 102.2 May July Aug. 13 105 Aug. 22 102.28 June Aug. 26 101.13 June 104.24 Aug. 12 101.14 May 104.8 Aug 28 Aug. 2 Aug. 19 Aug. 7 105.22 June 105.20 103.16 May 24,108.21 May 15! 105.15 103.9 107.17 107.21 107.16 107.20 107.4 107.10 107.13 107.19 107 22,107.2 Aug. 14 107.7 105.12 104.1 Aug. 105.8 103.27 103.31 103.25 103.29 103.26 Aug. 104.5 104.2 104.6 107.24 108 106.31 107.2 2Mb Series G 1942-1944 J J 104.17 104.22 IMS series M 1945-1947 7 D 101.15 101.24 103.17 103.19 103.20 Rale 101.19 101.22 101.31 102.2 104.1 107.10 107.13 106.20 102.25 Aug. 13 103.24 Aug. 12 103.3 Aug. 19 107.15 2 104.2 7 103.26 105.30 8 108.24 Mar .10 3 3 Aug. 22 Apr. 3 Apr. 2 Mar. 15 Apr. Apr. • 3 Jan. 9 May 23,105.2 Jan. 34 4 Aug. 13 107.7 Aug. 30 105.4 May 31 108.12 Apr. 107.17 Feb. 23 107.17 Feb. 23 103.12 Aug. 13 103.20 Aug. 31 103.1 June 4 104.25 Mar. 7 101.14 Aug. 15 101.22 Aug. 23 100.5 June 4 102.12 Apr. 5 97 H May 9 Registered.... 50.000 106.20 May 106:io 103.3 108.11 108.16 108.8 Sale J8.000 Apr. 3 Mar. 23 May Aug .29 Aug. 5 ...... 1,000 109.16 108.16 May 103.24 Registered.................. —0,09° Treasury 2 Ms ^e.OOO Treasury 2Ms , Mar. 23 May June Registered.... 2,000 Treasury 2 Mis 4.000 111.1 104.20 104.28 107.24 5 Registered 202.000 Treasury 2^8 Registered.. 6,000 Treasury 2 H8 4 0 107.14 — Registered 63,000lTreasury ------ June Apr. Mar. 23 ... 1951-1954 J ------ ------ Mar. 29 111.9 1951-1955 M 20,000 Treasury 2^8 116:1" Aug. 20 111.8 Aug. 1 111.2 Registered 51,000 Treasury 3s 10 111.2 III 72~9 112" 116:18 Sale" 116:15 110.26 116:20 108:14 loiTlO 109.7 ... ... 9,000 Treasury 3a......... 108.18 NEW YORK CITY Transit Unification Issue— -.589,000 3% corporate stock.. .1980 J D FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia)— iGtd sink fund 6s...........1947 F A 3.000 AGtd sink fund 6s J 948 A O Akershua (Klngd of Norway) 4s_1968 Af 8 14~.656 iAntioqula (Dep tof) Col 7s A..1945 J J 16,000 ^External 8 f 7s series B ...1945 ^External s f 7s series C._ 6,000 1945 14,000 iExternal ■ f 7s series D 1945 3.000 a7« 1st series 1957 1,000 47s 2d series... 1957 5,000 47s 3d series ...1957 5.000 Antwerp (Clty( extl loan 5s 1958 Argentine Nation (Govt of)— S f external 4Mb 157,000 -.1948 148,000 Sinking fund external 4H» 1971 8 f external conv loan 4s.Feb 1972 217.000 8 f external conv loan 4s. .Apr 1972 185.000 J 96 % 27 % 30 27 20H 20 H 94 14 14 J 14 14 17 18 17 17 A O 13 A O 13 A O 13 H Sale J D 66 X 69 15] 16i Sale 96 31 22 20 20 25 40 27 40 11 13 10 11X 11H 11% 10 % 10H 10 % 21% 15 10 11 13M Sale 10 11 10 13 11511% 10 % 11 9 94 H Sale 75 88 Sale A 80 H Sale 64 % Sale 58% Sale A O 79H 58 9 23 F 81% 9 Sale Sale 78 67 58 % 95% Aug. 13 96 % Aug. 10 88 H.May. 21 22 22 21 23 nx M2V MN Sale 10 11 % 30 79 H Sale 60 H 20 Aug. 3 Aug. 3 June July Apr. 8 May 7% May 7% May 7% May May 40 10% Aug. 11 Aug. 10% Aug. 10 H Aug. 10% Aug. 10 Aug. 10 Aug. 25 Aug. 19 6 13 30 22 21 21 26 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 13 22 21 2 22 21 22 26 Aug. 21 62% Aug. 9 6 6 Aug. Aug. Aug. Aug. 15 31 28 29 74 55 % Aug. 56 Aug. June 28 H Feb. 16 Feb. 15 66 Mar. 13 29 10 23 22 24 24 31 17 May 28 May 29 15% Feb. 15 Feb. 15 15H Feb. 15 H Feb. 14% Feb. 14% Feb. 14H.Feb. 77 Apr. 14 14 1 16 70 H July 16 61H June 12 96 H Mar. C 95 64 H July 15 87 H Mar. 55% July 15 87 H Mar. 7 7 7 Mar. hi For footnotes see page 30. 15 15 4 Sales in N. Y. STOCK Value 145,000 3,000 6,000 25,000 41,000 19,000 3,000 4,000 95,000 243,000 218,000 91,000 15,000 5,000 8,000 45,000 Ask 87 83% of 1928 1956 MN 75 j 7 ^Austrian Govt s f 7s__.-------1967 J 11% iBavaria (Free State) ext 6%s--}94° F A Belgium 25-yr external 6%s 1949 M S 100 94% External s f 6s— 1955 j J 102 % External a f 7s 1955 (Germany) a f 6%s AExternal sinking fund 6s ABrazil (U S of) external 8s AExtl s f g 6 %s of 1926AExtl sf6%s of 1927 ACent Ry 39year g 7s Brisbane (City) s f 5s Sinking fund gold 5s 20-year s f 6s— ABudapest (City of) 6s—— Buenos Aires (Province of)— a6s stamped 11 1950 1958 a Benin m S 19 79% Sale 41% Sale 44 56 13% 15 16% 14% Sale 11% Sale 11% Sale 12% Sale 90 Sale 35 Sale 42 \rA Sale A 1950 1962 D j D 75 75 87 7 1961 M S 63 Izll 1976 1976 -1975 1984 M S 57% Sale 56% 58 56% 58% 56% Sale 38% 40 31 11% 11% 10 12% 11% Sale F A A O MN J *7 196/ j J Oct 1960 A A O MN F A j J j J j J M1V J j 93% Sale 96% Sale 89 88% 88% Sale 15% M S 15" 12% j 32 "6 13% ""8% 46 Sale 50% 34% 80% Sale 90% Sale 81% Sale 73 74 84% 85% 71% 71% -—---- ------ —-- -----— ------ 13% Sale 13% Sale 16% 17% 46 44 50 51% 54% 36% 10 9% 12% 12% 89% 98% Sale Sale 88 81 Sale Sale 90 Sale 78% 80 Sale 79 8 14% 14% 18 14 17 15% 14% 17% 12% "14% 14% 10 Sale" "46% 45% 32 11 11% 15 12% 11% Sale 12% 11% Sale 12% 14 11 11% 12% 20 11 11% 12% 20 11% Sale 12% 11 11% 11% 12% 11% 12% 11% 44% Aug. 16 44% Aug. 16 40 Aug. 16 8% Aug. 19 17% Aug. " 50 Aug. 40 Aug. 45% Aug. 12% Aug. 27 12 Aug. 26 13% Aug. 29 10% Aug. 19 10% Aug. 16 11 Aug. 19 49 Aug. 27 47% Aug. 12 50 Aug. 21 8 Aug. 6 32 17 44% Aug. 23 44% Aug. 1 46 Aug. 1 49% Aug. 13 31 Aug. 13 11 Aug. 3 Aug. 22 11 17 15% 11% 15% 11% 11 17 10 10% 10% 4 8 ll* 14 13 Sale 24 13 14% 12 14% 12 14% 13% 16% Sale 17% Sale 17 12 15 1960 M S 1951 j D 15 13 10 11% Sale 13 10 11 11% 11% 10 11 --- 6 12% Aug. 15 11 Aug. 2 12% Aug.-20 11% Aug. 1 12% Aug. 20 11 Aug. 16 12% Aug. 6 11 Aug. 16 11% Aug. 13 11% Aug. 1 12% Aug. 3 11% Aug. 22 11% Aug. 22 10 Aug. 1 11% Aug. 6 10 Aug. 6 11% Aug. 29 10 Aug. 12 11% Aug. 12 10 Aug. 8 9 Sale 6 11 % Aug. 14% Sale 16% 54 8% 91 Jan. 15 38 June 11 90% Jan. 24 34 June 84 12 Jan. 15 June 22 46% 46% 49% 51% 32 24 June 28 6% Feb. 13 12% Jan. 30 20 July 2 July 15 102% Mar. 19 30% July 16 100% Apr. 5 35 Mar. 19 May 17 108 32 12 June 7% 10% 8% 8% 8% June 10 June 11 18 June 12 June 12 June 6, 16% July 22 Mar. 8 23% 18% 18% 18% Mar. 8 Mar. 8 Jan. 25 33 June 12, 79 Jan. 33 June 12 Jan. 42 May 29 10 Aug. Aug. Aug. Aug. Aug. 7 4% June 13 July 31 38 % June 12 39% June 11 41 June 40 June 26 31 July 25 11 Aug. 11% Aug. 12 8 May 28| 9% June 7| 78 65 July 31 65% Feb. 17 63% Mar. 13 Feb. 66 14 Jan. 15 Apr. 11 69 May 28 101% Jan. June 26 107 Jan. June 6: 96% Jan. 61 May 78 June 58% May 59% May 6 19 67% Mar. 14 45% Apr. 4 83 72 30 24 87% Feb. 13 10% Mar. 18 10 9 3 10 2 3 93% Jan. 96% Jan. Jan. 9 88% Jan. 10 89 Mar. June 20 June 25 14% Aug. May 10 19% June 27 15 Apr. 20 10 June 19 June 27 12 June 13 17 Jan. 14% Apr. 27 ----- 10 Sale 13 55 48 Sale Prices 9% June 13 Sale Sale 16% 13 15% Aug. 30 12 13 62% 12% 15% 15% 12% 12% 14% Aug.- 11% 16% 63 Highest Sale Prices 39 June 12 ----- "20"" 16% Sale 13% 17% 13 19 57 31 21 22 10 22 14 21 21 27 17 10 10 10 10 21 12 27 90% Aug. 22 99% Aug. 22 90 Aug. 22 84% Aug. 22 90 Aug. 31 81 Aug. 22 81% Aug. 22 .6% Aug. 20 14% Aug. 7 16 Aug. 16 14% Sale 50 45% 9% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 79% Aug. 17 89% Aug. 16 81% Aug. 1 73 Aug. 6 84% Aug. 6 70 Aug. 16 69% Aug. 16 6% Aug. 20 14% Aug. 7 16 Aug. 16 12% 11% 11% 12% 11% Sale 12% 11% 11% 12% 11% 11% 12% 11% 11% 11% Sale 10% 11 11% 13 10% 11 11% 10% 11 11% 10% 11 13 Sale Prices 51 1 Lowest 65 12 9 17 13 17 7% 10 14 14% 13% 11% 12% 54 44 70% 14 50 46 Sale 71 15 45 45 44 62% 11% 11% 49% 55 45% 67 50 9 a7s assented._ 16,000 AExternal sinking fund g 6s— 1960 A O 3,000 1960 A a6s assented 40,000 AExternal s f gold 6s_ Feb 1961 F 9,000 a 6s assented -Feb 1961 F 20,000 19,000 r iRy ref extl s f g 6s-——Jan 1961 J a6s assented --Jan 1961 J 19,000 AExtl s f 6s int ctfs. Sept 1961 M S 2,000 a6s assented Sept 1961 M S 8,000 1962 M S AExt sinking fund 6s 9,000 1962 M S a6s assented 19,000 1963 MN AExternal sinking fund 6s 4,000 1963 MN a6s assented 12,000 12,000 AChile Mtge Bank of gu s f 6%s. 1957 *7 D 1957 *7 D i6 % s assented — 13,000 AGuar s f gold 6%s—------- 1961 j D 2,000 1961 j D a6 s assented 12,000 AGuaranteed s f gold 6s—-— 1961 A O 1,000 1961 A O a6s assented 32,000 AGuaranteed sink fund 6s—_- 1962 MN 1,000 1962 MN 13s assented 22,000 1960 M S AChilean Munic Loan 7s— AChinese Hukuang Ry 5s.-— ACologne (Germany) s f 6%s— 1950 Colombia (Republic of)— ' a6s of 1928 Oct 1961 a6s of 1927 -Jan 1961 1947 AColombia Mtge Bank 6 %s A Sinking fund 7s of 1926—-- 1946 ASinking fund 7s of 1927--.-- 1947 Copenhagen external 5s.- 1952 96% J 1942 MN 1942 MN — Sale 106% 96% 13% 11% 85 55 14% 20 52 6% 9% 101% Sale 1960 a6s Apr 1937 coupon on AChile Republic ext s f g 7s a7s assented 16 51% 61% 50% 12% 12% 103% 13 13 19 40"" 22 Sale 50% 49 44% 8% 45% Sale F ,-1968 M1V f 6s Sale 42% Sale 11 9% j 270,000 Canada (Dominion) gold 4s—-— 1960 1952 447,000 30-year gold 5s. — --203,000 10-year 2 %s —Aug 15 1945 1961 25-year 3^s_77,000 1944 7-year 2 % 41,000 1967 92,000 30-year 1968 86,000 30-year 3s 1954 1,000 ACarlsoad (City) s f 8s__6,000 ACent Agric Bank (Ger) 7s._--- 1950 AFarin Loan s f 6s July 1960 7,000 a6s Jan 1937 coupon on.--- 1960 s Sale 48 79 8 13% Sale 14% Sale 1952 1957 1958 _ - AFarm load 48% Sale Sale Highest Sale Prices Ask Ask Bid RANGE SINCE JAN. Lowest Aug. 31 Aug. 1 Bid Sale 22 13 £ 17 J. 1941 1957 1957 Readjustment 4%-4%s Refunding s f 4%-4%s Extl readjust 4%s-4%s Extlsf4%-4% $ bonds 3 %s external s f 8 bonds7,000 Bulgaria (Kingdom of)— A Secured s f 7s 10,000 AStabilization loan 7 %s 13,000 ~8",66o Bid External g 4%s 163,000 48,000 55,000 33,000 7,000 Jan. 2, 1940 SI EXCHANGE FOREIGN GOVT (Continued)— j 125,000 Australia 5s of 1925---July 16 1955 J External loan 5s of 1927 -'•1957 M S 81,000 % PRICES IN AUGUST Price l| BONDS August 14",666 EXCHANGE—BONDS n. r. STOCK 20 11% Aug. 12% Aug. 11% Aug. 12% Aug. 11% Aug. 12% Aug. 11% Aug. 12% Aug. 11% Aug. 12% Aug. 11% Aug. 12% Aug. 11% Aug. 11% Aug. 10% Aug. 11% Aug. 10%. Aug. 11% Aug. 10% Aug. 11% Aug. 10% Aug. 11 July 12 June 8 12 10% June 12 14% Mar. 9 12 17 Jan. 2 14% Mar 9 21 12 10 6 12 10% June 13 12 17 Jan. 4 11 17 12 22 10% June 14 10% June 13 14% 16% 14% 16% 13 % Mar. June Jan. Mar. Jan. May 9 8 9 16 Jan. 29 6 24 29 20 12 20 Aug. 29 14 Aug. 9 24% Sale 23% Sale 20% 27 20% 30 20% 24% Sale 22% 24 46% 49 70 71 27% 26% 70% 72 70 Aug. 2 14% 98% 15 19 16 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 10 3 June 11 10% June 13 9% June 10 11% July 16 9 June 11 11% June 26 9 6 8 5 13% Apr. 25 16 Jan. 14 16 Jan. Jan. June 11 Jan. 11 8% July 5 13 June 5 12% Apr. 10 6% Apr. 15% July 3 30% Sale 10 June 6 A Jan. 14% Mar. 9 16% Jan. 9 14% Apr. 22 June 26 14 15% 17 2 12 Aug. 29 11 June 17 10% June 12 12% July 5 10% June 15 Jan. 10 10 M S 15 17 12 9 Aug. June 2 13 15 22 3 17 9 2 16 15 13 % Jan. 17% Apr. Mar. 5 23 4 25 1 8 17 5 ^ 203,000 145,000 6,000 4,000 3,000 59,000 26,000 17", 066 - - - Goid 4 %s -—- O j J A O MN F A j D 30 Sale 1953 MN jACordoba (City) 7s stamped-_ 1957 F A Cordoba (Prov) Argentina 7s— 1942 J j 42% 70 70% 75 16% 25 12,000 ACosta Rica (Rep of) 7s.---—--1951 MN 1944 M S 100% 5,000 UOuba Rep of) 5s of 19045s ext debt Ser A of 1914.----1949 F A 100% 103 5,000 99 4%s external loan 1949 84.000 4%s external debt 1977 57% Sale 397,000 30-year s f 5 %s .—---1953 100% 102% 15,000 APublic Works 5 %s__ June 30 1945 19,000 ACzechoslovak (Rep of) extl8s.. 1951 ASink fund 8s series B.a.-- --1952 "2",066 172,000 Denmark 20-yr external gold 6s_1942 37,000 291,000 External g 5Hs_-^--——-1955 External g4%s 1962 17,000 Dominican Republics f5%s_„_-1942 1st ser 5 %s of 1926 ---1940 2,000 2d series sinking fund 5 %s_ -1940 1,000 Customs Adm 5%s 2d series.-1961 1969 5%s 1st series ~4"OO6 5 % 9 2d series -——-1969 2,000 ADresden (City) extl sf 7s -1945 El Salvador (Rep) 1st s f 8s A—t948 ACertificate* of deposit---22,000 Estonia (Republic) 7s ----1967 1945 21",066 Finland (Rep of) external 6s a Frankfort (City of) s f 6%s 1953 16.555 French Republic 7 %sstamped--1941 7%s unstamped ——1941 External s f 7s stamped 1949 "7.066 7s unstamped 1949 . . ... A O A O 100 99% 53% 102 73% 5 Sale Sale Sale 80 14% 5 Sale 47% Sale 33% 30% 27% 70% 70 58 M S 16% Sale 74 71 71 72 65% 65% 75 75 J j 13 15 J j 42 90 M S 40 Sale 11% 19% 101% 104 35 50 21 Yd l08~~ III" 105% —- 45% 20 9 42% 233",000 4,000 A3 5-year 5 %b stamped — 1965 j 1965 a5%s unstamped A5%sstpd (Canadian holder).1965 AGerman Republic 7s stamped. .1949 A a7s unstamped 8% Sale 6 O 1949 11 8 Sale 7% 17 12 20% 7% German Prov & Communal Bks— A(Cons Agric L'n) 6%s 3,000 2,000 AGreek Govt secured 7s a7s part paid-2,000 ser A.1958 j D 1964 M2V - 1964 1968 AS f secured 6s 10,000 a6s part paid 1968 2,000 1952 19,000 Haiti (Rep of) 6s series A 1946 1,000 AHamburg (State) 6s Alleidelberg (City) extl s f 7 %s__ 1950 1960 "4,000 llelsingfor8 (City) ext 6%s Hungarian Cons Municipal Loan— ASecured s f g 7 %s 1945 1,000 ASecured s f g 7s Septl946 Aliungari.tn Land Mtge7%s A__1961 ~"i",666 aS f 7 %s series B 1961 4,000 1979 13,000 Hungary 7 %s ext at 4% to 1,000 199,000 10,000 93,000 222,000 97,000 D Irish Free State external 5s FA 12% 23% 16% 18% 14% 25 90 A "o 84% A O 8% J J 7 A O J j J J 6% MN 6% 24% 20% ----- A 22% 30 "8% 9 "36" Italy (Kingdom) extl s f 7s 1960 MN 1951 J D italian Cred Consortium 7s B 70% Sale 1947 M S 70% Altallan Public Utility a f g 7s._l952 J Japanese Govt extl s i 6 %s Extl sinking fund 5%s For footnotes see page 30. J .1954 F A 1965 MN 91 53 79% 60% 13 10% 94% 75 Sale Sale Sale 30% 6% 6% 6% 6% 25 45% 47 25 27% 85 62% 8 1 13 29 22 16 22 28 6 72 Aug. 20 18 Aug. rl01%Aug. 100% Aug. 100 Aug. 54 Aug. 103 Aug. 74% Aug. 26 16 65% 65% 6% ----- 8% 29% 42 50 12 19 57% 7 42 Aug. 16 Aug. 8 Aug. 30 Aug. 5 I 75 72 8 46 Aug. 24 Aug. 8 7 Aug. 17 63 50 Aug. 70% 70% 90 70 Aug." lo 16% 11% 17 12% 15% Aug. 12 10% Aug. 16 17% Aug. 17 12% Aug. 19 16% 20% 7% 20% 16% 19% Aug. 26 13% Aug. 19 21% Aug. 19 14% Aug. 13 25 13 25% 15% Aug. Aug. 14 Aug. 10% Aug. 14% Aug. 65 Aug. 13 Aug. Sale ----- 70 ----- Sale 15% Sale ----- 10 16% 58 12% 9% 8 9% 28% 60 Sale 45% Sale Sale ! 15 15 68"" "70"~ 10% 41 7% 7% 7% 7% 27 48 48% 31% 29 81 57% Mar. 13 May 29 13 Aug. 10 20 16% 50 12% 9% 8 9% 30 60 Sale 34% Sale 84 Sale 22 45 22 2 30 24 8 13 1 Aug. 27 6% Aug. 29 8 7 27 48 46% 31 27% 80% 57% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. -Aug. 15% Aug. 22 Aug. 2 Aug. 16 Aug. 9 Aug. 8 Aug. 26 13 Aug. 1 22 20% 14% 14% 68 49 Aug. 17 6% Aug. 29 8 Aug. 7 Aug. 28% Aug. 48 50 Aug. Aug. Aug. 30% Aug. 86% Aug. 63%_Aug. 33 June 24 8% Aug. 20 Mar. 29 85 Mar. 7 21 Apr. 0 65% July Mar. 13 Apr. 5 Jan. 26 Apr. 5 Jan. 17 81% Apr. 22 14% June 27 13% Feb. 26 Mar. 13 73 Apr. 18% Apr. 17% Apr. 4 21 72 100 63% Mar. 13 55% 22 65 June 26 68 July 24 65 June 12 68 May 18 69% June 6 11% June 18 Mar. 13 75% Apr. 75 75 Apr. 13 1 Mar. 15 75% Mar. 18 75% May 1 75 Mar. 23 17 July 15 16 Feb. 23 40 Aug. May 53% Feb. 14 40 Jan. 80 7 19% 9% May 105 40% July 92 9 92% Apr. 45% July 12 118 _ 106 15 9% 16 73 Sale 57% Aug. 27 20% 70 49 June 10 104 Aug. 1 Aug. 30 Aug. 8 Aug. 9 13 Jan. 27 Mar. 13 May 21 70 73 72 Feb. Feb. 70 12 75 75 17 Feb. 26% 27% 26% 52% 98 75 75 34 9 70 71 70 Aug. 26 Aug. 29 Aug. 8 22 28 19 8 19 15 2 17 5 69 70 71 34% Mar. 15% May May 20 Aug. 20% Aug. 16 Apr. 15% Apr. 45% July 65% June 6 22 9% Aug. 30 45% Aug. 22 43 Aug. 22 42% Aug. 22 40% 15 % May 22 20 97% June 11 102% June 20 103% 93 July 11 101% 51% Aug. 22 62 22 8% Aug. 27 33% Aug. 1 30% Aug. 1 27% Aug. 1 19% 9 12 19 27% Aug. 30 27% Aug. 30 22 Aug. 5 22 Aug. 3 20% Aug. 2 29% Aug. 22 28 Aug. 23 14% 50 14 16 MN F 14% 20% 73 17 17 30 74 12 German Gov't International— 306,000 13,000 9% 9% Sale 68% 70% 70% 71 71 10 D 73 Sale 75 Aug. 23% Aug. 20 Aug. 20 Aug. 20% Aug. 24% Aug. 22% Aug. 100% 102% 100% 100 100% 166"" 98% "53"" Sale 51% 101 103 101% Sale 75 8% Sale 26 35 MN j 23 Sale 75 MN 24% Sale 70 O 30 20 Sale 74 A 20 38 28 70% M S A O 28 20 Jan. 8% Jan. 5% Feb. 3 109 23 8 10% Jan. 2 6% Apr. 29 9 June 3 18 July 18 7% June 13 10% Aug. 24 7 h May 15 65 Aug. 13 7 May 27 10 May 22 22% Jan. 19 Mar. 13 June 29 Jan. 18 Apr. 16 Apr. 19 Apr. 24 20% June 17 17 June 24 25: 18 J June 24 June 18 15% May 2 22 Aug. 2 20% Mar. 16 21 % Apr. 24 16% Feb. 24 90 16 Jan. July 18 16 17 % June 29 75 Apr. 2 5% June 12 6 May 27 10% Mar. 18 9% Mar. 15 7 9 Apr. 18 9 Apr. 18 9 32% Apr. Jan. 17 3 5 8 26 26 29 20 10 23 June 76 2 57 May 28 Apr. 17 5% June Apr. 45 July 34% June 20 25 June 92 Jan. 9 72 Jan. 3 78% Mar. 9 3 54% Jan. 91% Apr. 13 70 6 July Sales in Jan. 2, N. T. STOCK EXCHANGE $ n 10,000 2,000 10N 1943 AStabilization loan 7s A4Ns assented AExternal s f 8s_ A4N» assented 7J4 (Kingdom of) 7b ASaarbruecken " Sao Paulo 39,000 47,000 17,000 241,000 90,000 Sale Sale 44 47 Sale Sale 40 X 42 9% 6% 12% 6X 6M 40% 40 X 27% 17M 58 M 52 % 20 12 16 56M 53 N 55 M 56 X 52 X s f s f (State of)— a6N« extl secured Sale 91 50 4N - 17 20 78M Sale 3 4 7M 7M 8N 12 9 Sale 11 7% 714 714 Sale 914 a 8% 60 Sale 8 Sale 614 8H 914 10 22 4 Aug. 27 7M 7X 6M 6M 22 2 24 28 6 1 Aug. 12 Aug. 10 Aug. 1 Aug. 6 4 " Aug. 27 56 1114 9M 10 X 9% 10 Sale 10M 18M 14 7)4 6M Sale 4% 10N 8 8 9% 9% 32 X 7% 4)4 .... 7 11X 8M 10N 10M 34 X 9% 7 5 1 4M Aug. 3 X Aug. 4M Aug. 7 5 1 9M Aug. 6 7M Aug. 30 9 Aug. 22 12X Aug. 14 12 M Aug. 30 78 M Aug. 7 50 Aug. 1 15M Aug. 21 7N Aug. 27 6N Aug. 6 10 M Aug. 13 4M Aug. 3M Aug. 4N Aug. 13 X 85 X 60 22 X Apr. 18 Jan. 9 - 9N 714 914 914 32 Aug. 30 Aug. 19 Aug. 3 Aug. 28 Aug. 2 9 9 - Aug. 22 Aug. 22 13X Aug. 6 13 X Aug. 5 8514 Aug. 29 58 Aug. 26 15M Aug. 21 8% Aug. 10 7)4 Aug. 1 10M Aug. 24 8% Aug. 7 10 Aug. 8 10X Aug. 20 35 Aug. 21 23 44 Jan. 40 Jan. 20 33 X June 35 June 4 IM Apr. 9 1 Jan. 1M 1M 1M IX i Mar. Mar. Mar. Mar. Jan. 18 18 18 15 3 12 M Mar. 12 N Mar. 9 June 12 8 3 7iM Apr. 71M Mar. 20 9 90 M Feb. Jan. 30 May 97 M Apr. 29 X May 23 X May & 90 Apr. 6 6 20 M June 12 June 11 80 29 89 20 June June June June Feb. May June 4 May 3% A ug. 4 May 4% 5M 4% 4% 8% 3% 9M 6 6% 9 12 13 17 14 14 26 31 18 28 5 17 Mar. 13 Mar. 13 Mar. 13 21X June 25 80 19 9% May 13 54 May 28 65 58 49 M May 16 75 19 M June 13 96 X June 28 105 M 82 59% /Vug. 13 50 June 26 74M Jan Mar. 18 Mar. 19 Mar. 26 5 Jan. 23 10 X Mar. 11 11 Mar. 13 10X 10X 8% 10N 16N 9 X 7% 7 15 15 26 28 17 Apr. 8 Jan. 11 Mar. Mar. Feb. Mar. Feb. Mar. 19 July Aug. 13 Mar. 29 Jan. Mar. 19 18N July 17N July 1 2 7 27 12 June 103 Feb. 41M June 15 May 5M June 4M June 98 Jan. 21 Jan. 7 24 Jan. Apr. hk Feb. 14- 11X Jan. 59 13 > June 28 June June 11N Mar. 10N Mar. 18 13 Apr. 9 8 1 5N June 12 11X Feb. 20 5 June 12 7 June 24 12 Mar. Mar. 27 June 12 61 Mar. 15 11 7% May 28 7X Feb. 27 9 14M Feb. 15 8214 Apr. 9 Jan. 4 June 14 Feb. 13 Jan. 8 414 June 12 4M June 12 30 12 N Apr. 9N Apr. 9 9 8 10 22 22 54 6M Aug. 30 Aug.* 6 Aug. 20 6M Aug. 28 6 5 12 8M Sale 3214 Sale 7X 10 4 52X Aug. 35 Aug. 101M Aug. 60 Aug. 57X Aug. 7 4% 50 12 ~7X 8 Sale 1957 M N 7M Sale 13 1950 8M 7M 7M 1956 1968 a7s extl water loan 54"" o 24 14 Sale 8N Sale a7s series B sec external ASilesia (Prov) extl sink fund 9% 7% 20% 23 12% Sale 11X 12 N 10N Sale 29 N 32 15 17 20 Sale 14 55 53 M Aug. 8 2014 11% 12% 10 36 N 10N 9N 21% 13% 12% 11% 38X 9 2 54 X Aug. 5 2 80 Mar. 25 June 12 12 Apr. June 14 10N Apr. 53 N Aug. 11 Aug. Aug. 12 9X Aug. 12 7 X Aug. 20 X Aug. 11 J? Aug. 11X Aug. 10X Aug. 31X Aug. 20 »Aug. 14 20% Aug. 5 13M Aug. 22 13 Aug. 16 11M Aug. 22 39% Aug. 21 20 Aug. 14 11% 1962 Af N 11% 16 10 1962 MN 11 12 % 10 X D 5 7s.l958 (City of) 6s AWarsaw (City) external 7s J 13N Jan. 6 May 4N June 4N June 2014 May 12 N June 814 June 3N 12 88 Sale 55 % 39 Sale 56 M Sale 52 H F A AfN 49 M Af N 49 X Af N 43 N 44 X 40X J D F A J J 48 Sale 47 48 O 45 X 8 6M *50" 6 Sale Sale railroad and industrial companies AAbitibi Pow & Paper 1st 5s.-1953 J D 185,000 Adams Express coll tr g 4s 1948 M 8 5,000 Collateral trust 4s of 1907 1947 J D 51 104 102 Sale 4 Ms stamped Adriatic Elec Co external 7s 1946 F 19521.4 A Ala Gt Sou 1st cons 5s ser A First cons 4s series B 1943 J D 1943 J D 107 O 52 Albany Perforated Wrap Pap 6s-1948 6s with warrants assented A O 60 1948 68 a5s stamped 41 149,000 182,000 3 Ms debentures 1966 174,000 Am Type Found s f debs 2 M-5s 1950 9,000 Amer Waiter Wks & El 6s ser A-.1975 33,000 For footnotes, see page 30. 83 . site* 79M Collateral and convertible 5s. -1949 J 1950 Allegh & West 1st g guar 4s 1998 Allegh Valley gen gu 4s 1942 Allied Stores Corp deb 4 Ms 1950 4Mb debentures 1951 Allis-Chalmer8 Mfg conv 4s 1952 a Alpine Montan Steel 7s 1955 Amer & Foreign Power deb 5s 2030 American I G Chemical 5M8--.1949 Amer Internat Corp conv 5 Ms-.1949 American Telephone & Telegraph 20-year sinking fund 5 Ms 1943 3%b debentures 1961 Sale A 59 A Af S 106 I06N O 100 Sale A 4 60 57 M 30 Sale 54 25, 25% 55\ 38 X Sale 34 M 38 X 40 98 M 99M 105 N 40 Sale 40 37 37 52 Sale 47 35 X 44 33 24 F A 96 Sale M S 110M Sale 8 13 M 63 X Sale Af S 31 AfN 103 Sale J 104M Sale J M N A O J D J J M N 8)4 Aug. 12 10% Aug. 12 109 Sale 108 X 108 X Sale Sale 105 X 106 107 N 108 M Aug. Aug. 17 24 X Aug. 26 54 X Aug. 26 40 38 X 40 X 51 42 12 21 13 12 24 18 11 7N May 18 7N May 18 59 M — 3M 3M 56 M 100 X — 106X 50 34 23 2 1 Mar. 14 13 N Mar. 8 13 Aug. 16 11N Aug. 22 39h Aug. 21 20 Aug. 14 20 16 Mar. 15N 14 N 5X 5N 15 X Mar. 23 Mar. 19 Mar. 7 Apr. 16 Jan. 9 3X 59 M 63 June 63 Mar. Aug. 99X Aug. 99X Aug. 105X Aug. 109 X Aug. 107 Aug. 54 Sale 84 75 Sale 70N 46 Sale 47 Sale 62 X 62 X 65 104M 107M 104 X 105"" 100 100 X 103 97 X 96 97 97 X 108 M 109 108M Sale 14 14 M 49 Sale 49M Sale Sale 103 102M Sale 99 Sale 97 M Aug. Aug. 46 73 M Aug. 108 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 44 Aug. 102 Aug. 97 Aug. 42 62 X 104 X 100 94M 106'3j Sale 106 105X Aug. 108X 108 % 109 108 X Aug. 108 X Aug. Sale 109M 108 X Sale 90 M 95 M 105 X 106 M 95 105 Aug. Aug. 109% Aug. 107 Aug. 54 Aug. 52 Aug. 73 X Aug. 91X Aug. 75 Aug. 47 Aug. 64 Aug. 104N Aug. 100 Aug. 97% Aug. 109 Aug. 53 Mar. 18 51X Mar. 11 56N Apr. 16 56 May 23 51 Feb. 24 May 14 10 July 31 3 June 17 55 X May 18 69 7% Jan. 3 Mar. 26 13 20 105 27 N June 97X July June 12 108 N Apr. 60 Jan. June 26 61 Feb. Aug. 3 9 45 9 46 1 68 N May 27 69 June 10 58 June 10 30 30 1 6 21 7 2 8 49% Aug. 31 103 Aug. 30 99 N Aug. 2 5 106^2 Aug. 109X Aug. 20 109 June 11 June 27 20 55N Apr. 15 57 X Apr. 30 6 8 17 104 N Feb. 98 N June 19 104 X Apr. 27 2 100 May 24 108 X Jan. 80 N Feb. 2 40 June 15 109 Jan. 23 110N June 18 Aug. 22 Aug. 23 99M Aug. 17 106 M Aug. 30 43 100 40 X 107X 8 36% Aug. 20 24 Aug. 17 90 X Sale Aug. 26 48 36% Aug. 20 29 X Aug. 22 87 M 73 % Sale 42 Apr. 15 Mar. 20 34 77 100 65 31X June 28 74 95 62 N July 18 33 37 11 17 31 Jan. 38M Aug. 20 3% Aug. 26 58% Aug. 2 24 Mar. 20 Jan. 38 X Aug. 31 314 Aug. 26 Aug. 19 Jan. Apr. 53 42 M Aug. 30 57 87 63 41 53 35 Aug. 2 35X Aug. 23 38X Aug. 7 36X Aug. 20 24 Aug. 17 Sale Sale Sale Sale 5 40 N June 3 50 N May 13 23 June 25 8 42M Sale 99X -- June 32 % June 26 45 108 Aug. 26 13 June 17 9 43% Aug. 30 55 73 M 42 Jan. 3 1 38 X Aug. 58 X 55 50 Aug. 26 13% Aug. 14 55X Aug. 12 54 Aug. 2914 Aug. 56 % Aug. 9 3 X 58 X Sale 42 43 X 14 55 53 44 M 27 M 10 13 X Aug. _____ M 8M Aug. 12 8 Aug. 4N 48 109M 110 HON 107X 107X 107 X 45 50 58 M 85 Albany & Susq 1st guar 3 Ms 1946 A Allegheny Corp coll tr conv 5s_-1944 F 8M 10M 914 13 53 108 X 67 3,000 ~~2~, 000 6 7 59 2,000 53 N 28 X 56 X 43M D 1958 F 1961 J 45 52 AfN A Sale 13 83 M 1952 M N 1958 F A 9 5 5 A a4N« assented. 2,000 Yokohama (City) extl s f 6s 29,000 8N 6% 9 (Kingdom)— a8s secured external AVienna 153,000 31,000 13N 76M Sale Sale 1952 UN 3N-4H-4be% extl conv 1978 24,000 4-4N-4Ns external readj 1978 52,000 3 Ns external readjustment—1984 10,000 Venetian Prov Mtge Bank 7s—1952 6,000 272",000 6 5M . 4 56 X Aug. 7 7 1 19 20 22 20 9 23 714 10 X 8M Sale 13 X 56X Aug. 50X Aug. Aug. 49 Aug. 46M Aug. 47 X Aug. 46 Aug. 33 Aug. 4 4% Sale 4N 4M 4M i Af N M S. 7% a4ns assented 1958 3,000 ASilesfan Landowners Assn 6s—1947 1955 4,000 1971 107,000 1952 17,000 Externals f 5Ns guar 1961 71,000 AUruguay (Rep) external s f 8s--1946 AExternal sinking fund 6s 1960 ~i~666 AExternal sinking fund 6s 1964 3%-4-4X% ($ bonds of 1937) External readjustment 1979 212,000 3 X-4-4 X % ($ bonds of 1937) External conversion 1979 9,000 118,000 6M 7X 5% 7% 6M Sale 6M Sale 8 11 8 J --1936 *a8s extl loan of 1921 a8s external Serbs Croats & Slovenes 2,000 1,000 7,000 11,000 593,000 154,000 812,000 4,000 17,000 1,000 37,000 6M 6M % 8 6N Sale 6% 6% 4 9M 4 X 8 6 "9M 46 43 ~ 31X Aug. 10 49 55X Aug. 51 % Aug. SIX 60 31 30 Aug. 102 X 101 102 M 101 Aug. 61 55 59 N Aug. 65 M Sale 50 53 X 51X Aug. 25 7 10 Aug. Aug. Aug. 46 Aug. 38M Aug. 38 Aug. 37X Aug. 33 Aug. 35 11M 12M 8N 7X 48 N Sale Sale 10 Sale Sale Aug. 45 Sale 101 July 14 X M % 1M Aug. 30 1M Aug. 1M Aug. 29 8% Aug. 10 8M Aug. 27 53 Aug. 22 47 80 8 90 53 Sale 6 99 M 50 Sale Sale' 6N 9M 9M J a6s extl dollar loan 70,000. ASec s f g 7s-_ 1940 289,000 1945 1,000 ASaxon State Mtge Inst 7s ASinking fund gold 6Ns_Dec 1946 1,000 44,000 70 "48' 55% 52 M 53 17 X Jan 15 M July 3 15 X June 24 (City of) a8s extl secured San Paulo 70 51 1964 Santa Fe extl s r 4s 15,000 60 44 72 1953 (City) s f 6s Sale 48M 80 1 7% Aug. 714 Aug. Sale 106M 29M Aug. 7% 7% Sale 71 AFebruary 1937 coupon paid Sale Sale 52 1959 2M a Sale 103 M 70 a8s extl loan of 1921 1946 A O 10,000 a6s extl sinking fund gold.. 1968 J D 19,000 a7s extl loan of 1926 1966 47,000 a7s Municipal loan -—1967 30,000 o 68,000 Rome (City) external s f 6Ns—1952 —- Sale 57 M M IX Sale "10"" 10X Aug. Aug. 29 58 1M Aug. 30 IN Aug. 8 IN Aug. 9 Sale Prices May 28 1 11* Ifi 9M Aug. 13 Aug. 7 12 X Mar. 14 15 X June 24 7 June 5 IX m 90* 1960 J 1961 1940 1958 1947 1968 1950 J 1963 J 1961 1966 a Prague (Greater City) 7 Hb 1952 APrus8ia (Free State) ext s f 6Ns 1951 ASinking fund gold 6s 1952 Queensland (Stateof) exts f 7s--1941 25-year extl s f 6s Feb 15 1947 ARhine-Main-Danube deb 7sser A *50 ARio de Janeiro (City of) 8s 1946 AExternal sec 6N» 1953 Rio Grande do Sul (State of)— 10M Aug. 13X Aug. 30 1 Highest Sale Prices Sale Prices Aug. Aug. 27 55 --- 30 8N 8N 40 1947 Af 8 1959 M S 22,000 APorto Alegre (City of) 8s 9,000 AExternal loan 7 Ns 2% Sale 3 Q/>Q A 31,000 APernambuco (State of) 7s 14,000 APeru (Rep) Sec s f g 7s 84,000 ANational loan ext s f 6s 43,000 ANational loan ext s f 6s *APoland (Rep of) g 6s 1,000 A4 ns assented.. 1 ARoumania IN 114 IX IX Sale . 2,000 16,000 2,000 58,000 29,000 2,000 40,000 71,000 1 im a - 2,000 6,000 7,000 1M 1 1M 1% 8M 10 59 M 1 29 M Sale 52 M 9 56 n 1M Sale N 94,000 New South Wales ext s f g 5s 1957 22,000 External s f g 5s 1958 35,000 Norway 20-year ext s f Bs 1943 56,000 20-year external s f 6s —1944 67,000 External sinking fund 4N8---1956 91,000 ' External sinking fund 4%s 1965 108,000 4s sinking fund extl loan 1963 1,000 Municipal Bank ext s f 5s 1970 ANuremberg (City) external 6s--1952 101,000 Oriental Development 6s --1953 58,000 External deb 5Ns 1958 7,000 Oslo (City) 4Ns extl sink fund-_1955 24,000 APanama (Rep) external 5Ns_. 1953 8,000 AExtl s r 5s ser A May 15 1963 54,000 aStamped (assented) ---1963 - 53 £-1945 117,000 Milan City (Italy) extloan 6nb_1952 Minas Geraes (State of, Brazil)— 86,000 ASec extl s f 6Ns 1958 28,000 ASec extl s f 6Ns 1959 6,000 AMontevideo (City) 7s 1952 Rfiripc 10M 57 15M 75 1933 *ATreas 6s of *13 assent.. 13 12 .--1945 1954 1945 AAssenting 5s of 1899 AAssenting 4s of 1904 AAssenting 4s of 1910 10% Lowest Highest Sale Prices Ask 13 8N 12 > a4ns stamped assented AMexfco (U S) extern 5s 1899 — 15,000 35,000 44,000 Lowest Aug.- 31 | Ask Bid Bid --1954 Mexican Irrigation— - Aug. 1 1940 foreign govt (Concluded) AJugoslavia (State Mtge Bk) 7s-1957 ALeipzig (City) external s f g 7s—1947 a Lower Austria (Prov) 7 Mb 1950 AMedellin (Colombia) 6Nb 1954 23,000 12,000 Mendoza (Prov) 4s readj - RANGE SINCE JAN. PRICES IN AUGUST Price BONDS August Value 21 N. Y. STOCK EXCHANGE—.BONDS Sept., 1940] 14 Aug. 98 Aug. 12 108N Aug. 12 26 X May 22 *;q Jan. 17 87 Jan. 23 23 28 18 Aug. 30 81* 75 May 9 47X Mar. 14 64 N Mar. 26 15 107N Apr. 13 5 101 % May 1 June 17 May 9 104 N Aug. 99 June 89 Feb. 106 X May 15 111 17 N Jan. 17N Jan. 20 44 Aug. 14 68 N Apr. 8 20 3 100 x May 22 105N Mar. 18 91 June 1 3 105 X Apr. 105N Aug. 104 May 103 N May 95 Aug. 96 May 31 22 28 1? 22 109N Jan. 110N Apr. HON Apr. 2 8 8 107 Jan. 11 109 Jan. 5 22 N. Y. STOCK EXCHANGE-BONDS Sales in || August BONDS Value N. Y. STOCK EXCHANGE $ Bid 79,000 Anaconda Cop Min s f deb 4%s.l950 Anglo-Chilean Nitrate— 40,000 ^Sinking fund income deb 1967 11,000 lAnn Arbor 1st g 4s July 1995 2,000 Ark & Memp Bdge & Term 1st 5s '64 218,000 Armour & Co 4s s f ser B (Del)—1955 102,000 1st M s f 4s ser O (Del) —1957 Atchinson Topeka & Santa Fe—■ 362,000 Gen g 4s : 1995 10,000 Adjustment g 4s Julyl 1995 60,000 Stamped 4s July 1 1995 3,000 Conv g 4s of 1909 1955 40,000 Oonv g 48 of 1905 1955 Conv g 4s of 1910 1966 75*666 Conv deb gold 4%s —1948 28,000 Rocky Mtn div 1st 4s A -1965 16,000 Trans-Cont Short Line 1st 4s gl958 18,000 Cal-Ariz 1st & ref 4Ms ser A-.1962 — , A Jan Q F A J J A O Nov MN J J J J J J Atlantic & Danville 1st g 4s 730,000 262,000 249,000 290,000 663,000 ~ 86-000 J D J J M S J D MN MN J J J J J 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 O (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 AConvertible due. —Feb 1 1960 Pgh L E & West Va System Ref g 4s extended to----1951 "TgTwesterri Div 1st M (interest at 3 % % to Jan 1 1947) due-1950 — 62,000 D J 1948 J Second 4s —1948 Atl Gulf & WISS Line coll tr 5s. 1959 Atlantic Refining deb 3s 1953 Austin & N W 1st g 5s guar 1941 Baltimore & Ohio RR— 314,000 1st mtge gold 4s July 1948 151,000 D D D M S Atl Knox & No 1st g 5s 1946 J Atl & Char Air Line 1st 4 Ms A. .1944 J 19,000 1st 30-year 5s ser B -1944 J 16,000 19,000 54,000 76,000 6,000 J M S "3*.000 38,000 Atl Coast L 1st cons 4s July 1952 160,000 General unified 4 Ms series A- -1964 65,000 10-year coll trust 5s May 1 1945 70,000 L & N collat gold 4s Oct., 1952 O M S J J Ask 106 % 34% 37% 49 % Sale 95 98M 100% Sale 99 M Sale 106 85M 85 M Sale a9?** Sale Sale Sale Sale 64 M Sale B™ 32 Sale 65 71M 105M 106 80 86 70 Sale 41M 97 M 101 Ask Bid 104 M Sale 28 M Sale 98 Sale 101% Sale Sale 92 Sale 96% Sale 97 96% 103"" 100 100M 109 M Sale 107% 108 M 99 92 *95M 99 M 76 Sale 61 Sale 75 62 27 106 M 85 86 Sale IP 95 Bid 103 M Sale Aug. 16 29M Aug. 16 42 3 97 M Aug. 1 103 Aug. 1 103 Aug. 105 % 106 90 85 1 Aug. 13 106M Aug. Aug. 27 85 M Aug. 27 6 16 86 Aug. M Aug. 1 1 96 M Aug. Aug. 9 Aug. 26 97 M Aug. 29M 96 M 85% 95% 104M 85M 85% 97 96% 95 M 96 M "95*" 92 *97*" Sale 96 68 M Sale 47M Sale 51M 69 64 M 32 Sale 66 M Sale 61% 34 M 28M 29 M Sale 33% 106M Sale 98 91% 94 96 M Sale Sale 69 J D Sale 31M J D 34M Sale 35 M S 30% Sale " 31% Sale M S F A 30 M Sale 13 Sale 31M 13 M MN 57 Sale 45 M 53 Sale 90 Sale IF gtd g 3%s--_l943 io',666 ABerlin City Electric deb 6%s_-1951 11,000 ADeb sinking fund 6 Ms 1959 2,000 A Debentures 6s 1955 "29*" 105M 14% 16 22 J F J A F A J D F A ----- 22 Sale 13M 107% Sale ----- 14 M 107 M 105s»2 18 Sale 66M Aug. 13 Aug. 15 69 Aug. 1 Aug. 30 May 21 77 M June 11 76 M June 11 May 9 Feb. 20 Apr. 96% Aug. 6 92 30 20 31 2 23 89 1 90 M June 12 May|13 95 Jan. 2 96 Apr. 25 100 May 22 105% Apr. 4 99 5 May 21 100% Feb. 108 May 24 110% Feb. 21 104 H May 28 109% Aug. 22 114 Jan. 25 114 Jan. 25 92 Mar. 5 97 May 9 93 June 18 MX Apr. 25 Jan. 4 May 24 77 5 1 Jan. 3 May 3 Apr. 18 Apr. 29 llH May May May May 31 22 29 24 62 Jan. 3 76 70 Jan. 4 Feb. 20 41 Feb. 7 9 34% Feb. 28 23 M June 11 62 M May 22 75% Apr. 102 M May 14 107% Jan. Jan. 12 82 94% July 30 56% June 10 70% Jan. 3 55 69% Mar. 12 24 8 69 Aug. 16 31M Aug. 30 15% May 21 31% Aug. 30 Sale 30M Aug. 14 35 M Aug. 18 36 27M Aug. 14 31M Aug. 30 15% May 21 31% Aug. 30 Sale Sale 27% Aug. 11M Aug. 31M Aug. 31 13 M Aug. 31 15% May 21 7% May 21 31% Aug. 31 15 % Aprr ~4 57 Sale 54 58M Aug. 27 40 June 46 Sale 55 43M Aug. 12 53M Aug. 22 9 89% Aug 57 Aug, 14 59 Aug, 20 Aug. 31 32 June 49% Mar. 13 46% June Jan. 2 Jan. 16 Jan. 2 Jan. 13 72 45 Feb. / 72% Mar. 6 9 117% Feb. - 92 95 57 M 59 35 59 - " Sale 45 113M 114 133 % 105M 13 M 13 M 13 M 108 22 ----- 113M Aug. 132M Aug, 46 54 M Aug. 13 90 Aug. 1 60 59 Aug. 6 Aug. 20 "26 14M Aug. 13M Aug. 16 14 109 109 Sale Sale Sale Sale Sale Sale Sale Sale 72 M 71M 68M Sale 77 79 76% 72M 73 69 75 M Sale 70M 72% Sale 71M Sale 67H 17 M 18M Sale 22% Sale 8M 8M 6M 6M 108 M Sale 109M 109 M 108M 103 103 102 M 104 lilM 111M 112M 113M 111 Sale 113 113 113M 95 M Sale 95 M Sale 94M 106M 106 % 106 M 106 M 106 111M 112 111M 112M 110M 108% 106 109 97 6 108 15 Aug. 58 70 135 July 26 July 3 16% Mar. 25 20 7 106M Aug. 27 7 102 Aug. 30 100 99 13 105M Aug. 102 23 109 109 92 Apr. 15 19 June 13 1051 1 101 21 103 8 Aug. 23 97 H Aug. 13 June July 31, 59% Apr. Aug. 17 11% May 11 13% Aug. 12 2 1 14 June 127% June 9 110M 98 M May Apr. Aug. 17 Aug. 1 Aug. 6 12 105»3a Aug. . 6 June 54 37 112 18 Aug. Aug, Aug. Aug. Aug. Aug. Aug. May 21 89 54 7 21 114M Aug. 2 133M Aug. 15 Sale May 22 72% Mar. Aug. 15 109 97 M Aug. 16 1 84 105M Sale 101M Sale 104% Sale 98 M 94 Jan; Aug. 13 100% Sale 97 M 31 Apr. 26 Sale 107M 105Me 105% 105 M 105 M Sale 102 101M 104 % Sale 103M Sale 51M Aug. 70 Aug, 64 M Aug, 34 Aug. 29M Aug. 72 Aug. 107 Aug, 41 66 69M 13 14 M 13 O 84 113M 115 132 13% O 45 Sale 13 A 35 66 M Sate* 102 A 62 61M 133 12 30 May 22 50 97 H Apr. 9 99% 95 M May 28 104% 95 May 28 104% 27 56 57 M 57 M 115M 12 93 M Aug. 23 97 M Aug. 12 6 69M Aug, 93 M Aug. 96 93 M 29 72 106 M Sale 35 32 Aug. 17 103% Aug. Aug. 10 100M Aug. Aug. 13 110M Aug. 1 109M Aug. Aug. Aug. 66M Aug. Sale 46 Aug. 68 M 66M Aug. 63 60M Aug. 35 M 33 Aug. 29 % 28 Aug. Sale 68 M Aug. 106M Aug. *95" 94 Aug. 68 M Sale ~ " 27 M July 12 3 1 Highest Sale Prices Sale Prices 102 May 25 107 H Feb. 23 29 112 108 30 M 70 Aug. Aug. Aug. Aug. Aug. 96 96 Sale O 100M 101 Lowest 27% 40H 41M 97 M 98 101 101% Sale 101% 101M 101M 29M 40 69 A Highest Sale Prices Sale Price Ask 103 M Aug. Aug. 29 3 106 Sale 103% 103 % 102M 99 M 99 99 99 M Sale 110 110M 110 M 110M 107% 107% Sale" 108M 109 70 RANGE SINCE JAN. Lowest Aug. 31 Sale O cons Berlin Elec Elev & Undgrd Rys— Alst 6 Ms 1956 388,000 If Bethlehem Steel 3 Ms conv deb-1952 13,000 3 Ms 1952 (called bonds) 99,000 Cons mtge 3 Ms ser F 1959 223,000 Consol mtge 3s series G 1960 138,000 Consol mtge 3 Ms series H 1965 I 1,000 Big Sandy Ry 1st mtge 4s 1944 12,000 Blaw Knox Co 3 Ms 1950 Aug. 1 68% A 16,000 Toledo Cin Div ref 4s A——1959 13,000 Bangor & Aroostook RR 1st g 5s 1943 6,000 Con ref mtge gold 4s 1951 15,000 4s stamped1951 Battle Creek & Sturgis gu 3s.---1989 Beech Creek Exten 1st g 3 Ha 1951 35,000 Bell Telephone of Pa 1st 5s B 1948 41,000 First & ref 5s series C 1960 Belvidere Dei PRICES IN AUGUST Price Jan. 2, 1940 June 28 May 15 112 Apr. 9 July 30 7 June 29 102 Aug. 30 June 28 105% Aug. 8 Aug. 23 109% Feb. 23 June 18 99% Apr. 27 Aug. 12 May 21 106$ May Boston & Maine RR— 387,000 155,000 74,000 427,000 1st 5s series AO 1st mtge 5s series II 1st g 4 Ms series JJ -.1967 M S 1955 MN 1961 A O J 1960 J 1st mtge 4s series RR Inc mtge. 4 Ms series A__July 1970 t ABoston & NY Air Line 1st gu 4s '55 5*7*666 Bklyn Edison cons mtge 3 Ms 1966 3,000 Brooklyn Union El 1st 5s 1950 21,000 Brooklyn Union Gas Co 1st g 5s 1945 676,000 2,000 1st lien & ref 6s series A 1947 68,000 Debentures gold 5s 1950 25,000 1st lien & ref. 5s series B 1957 37,000 Buffalo Gen Elec 4 M" ser B 1981 Buffalo Niagara Elec 3 Ms ser C.1967 Buffalo Rochester & Pittsb'gh Ry— Stamped modified (interest at 3 % to Nov 1 1946) due 153,000' 1957 16,000 *t ABurl Ced Rap & Nor 1st 5s.-1934 ACertificates of deposit- . 15,000 61,000 46,000 31,000 44,000 101,000 91,000 29,000 21,000 80,000 86,000 91,000 151,000 36,000 20,000 77,000 50,000 2,000 83,000 6,000 "7",000 Bush Terminal Co 1st 4s Consolidated 5s Bush Term Bldgs 1st 5s gu F A MN F A D MN F A J D A O 1952 62 6M 69 % 1955 40 M 42 _ 8,000 f11,000 6,000 r 3,000 21,000 69,000 48,000 J 1944 3 J 1954 D 1960 J J J F D A MN A A AChat Div. pur money g 4s... 1951 J AMobile Div lstg5s_ 1946 J O O D J .1941 M S 1941 M S General mtge 5s Cent Hudson G & E 1st & ref 3 M '65 M S Central Illinois Light 3 Ms. 1966 A O t ACentral New Eng 1st guar 4s—1961 - jACentral of N J gen g 5s AGeneral 4s 91,000 Central N Y Power 3 Ms For footnotes see page 30. 1987 1987 1962 107 M 105 103 103 103 72 M 81% Sale 84 Sale" 84 % 83 M Sale 81M 81 % Sale 113* Sale Sale J ser 1 Central Foundry 1st mtge 6s 2% 69% 37 57 M Sale J g 48—1949 J A 1952 J D Carriers & Gen Corp deb 5s w w_1950 MN Carthage & Adir 1st gu g 4s.---1981 J D Celotex Corp deb 4Ms w w 1947 F A Caro Clinch & Ohio 6s 85 Sale M 1946 M S 1,000 ACent Br Un Pac 1st g 4s 194S 1,000 tACent of Ga Ry 1st g 5s.-Nov 1945 ♦iGonsol gold 5s ----1945 18,000 ARef & gen 5Ms series B_ 1959 ARef & gen 5s series O. 1*9*666 1959 "52*60 53 M 51M 103 M Sale 1962 Canadian Pac4% deb stock Collateral trust g 5s Collateral trust 4 Ms t ACarolina Central 1st gu 3 9 5 4 Guaranteed g 5s. Oct 1969 Guaranteed g 5s -1976 Guar gold 4 Ms June 15 1955 Guaranteed gold 4 Ms 1956 Guaranteed gold 4 Ms 1951 MS Canadian Northern guar 6 Ms J 1946 J Collateral trust gold 4 Ms 5s equip trust ctfs 38% MN 1957 July 1969 Gu iranteed gold 5s 89 MN J 1966 Canada Sou con gu 5s ser A Canadian Nat gold 4 Ms 10 8M 109 M Sale MN 1960 Calif-Oregon Power 4s 75M Sale MN — "6*666 44 M 45 M Sale 80 Sale 107 79 M 71M W* 60 26 108 M 109 92 8M 30 M 7 Sale . 10M 3M Sale 3% Sale 9 5% 6M 4M . 100 93 76 M 100 109 108 Sale 110 46 M Sale 18M Sale Sale 16 109 M Sale IM 1M 4% 2M 100 76 39 M Aug. 70M Aug. 38M Aug. 70M Aug. Aug. 58M Aug. 104M Aug. 78 M Aug. 90 Aug. 94 Aug. 93 M Aug. 90 Aug. 85 M Aug. 90M Aug. 90 Aug. 103 Aug. 55 M Aug. 72M Aug. 97 M Aug. 72 M Aug. 68 Aug. 35 Aug. 107213«Aug. 94 Aug. 57 M 57 Aug. Sale 103M Aug. 81 73M Aug. 104 M 78 ^8 82 M 84 M 94 85 93 5 70M 91M Sale 94 M 98 Sale 92 M 91M 100 90 M 91M 91M 103 M 54 M 82 M 99 M 74 M 66 68 M 82 M 82 M Sale 94 Sale 60 37 Sale 17 M M 33 45 107 %> 108 93 M 76^ 285* 96 78 M 14 30 5M 5 5M 2 1M 2 2 2 8% 4M 2M 2M 7M Sale 40 78 Aug. 29 12M Aug. 22 8 25M Aug. 5 Aug. 20 80M 12M 25 M 5M Aug. Aug. Aug. 4M Aug. 2 1M Aug. 4M Aug. 7 100 85 107M i09M 106 M 109M 108M 109 M 109 M 109M 48 M *56* * 48 Sale 45 Sale 15 M Sale 13M 13 % Sale 13M 15 12M 106 h Sale 107M 108 106% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 1 102 Aug. 2 90 Aug. 22 109 Aug. 15 109M Aug. Aug. 29 50 13 15 M Aug. 14 Aug. 13 19 108 Aug. Aug. 79% Aug. Jan. 76 Apr. 30 Jan. 31 Jan. 12 Aug. 7 Apr. 23 Apr. 8 May 8 Aug. Aug. June May June Jan. 72% June 75% June 75% June 74% June 72% June 72% June 71% June Jan. 3 Jan. Jan. Jan. Jan. Jan. Jan. June Jan. May 57% June 87% June 54 May 48 May Apr. Apr. 8 Jan. 11 Mar. 20 Apr. 6 July May 14 June Jan. 23 90 June 40 June Apr. Apr. 11 5 Jan. 11 Apr. 3 35 102 8 1 1 2 5 3 3 27 25% May 3 May 2% May 65% July 32% June 46% June 100 May 87 31 8 Aug. 108% May 111 May 84 May 102 May 109% Feb. 107% May 65 Aug. 10 Aug. 22 76 Jan. 88% Jan. 3M Aug. 81 Aug. 82M Aug. 83Vs Aug. 84M Aug. 83 Aug. 81 Aug. 81M Aug. 96M Aug. 48M Aug. 65M Aug. 92M Aug. 66 Aug. 59 Aug. 35 Aug. 107 Aug. 93 Aug. Jan. 74% Aug. 23% Aug. 12% Apr. 1105% Apr. 3 107% June 3 113% Jan. H5% Apr. 20 98% Apr. 8 107% Apr. 3 2 112% Jan. 109 May 3 105 4M Sale 94 48 % "*5% 36M Aug. 3M Aug. Sale 30 Sale Sale 53 M 80 M 8M 39 M 40 76 33 74M Aug. 1 108M Aug. Aug. 1 104 Aug. Aug. 30 112M Aug. 1 113 Aug. Aug. Aug. Aug. 27 96 Aug. Aug. 7 107 Aug. 10 111M Aug. 45 Sale 44 92 41% 41% 40% 67% 17% 6% Aug. 3M 2M 68 M Sale 58 M 23 H Aug. 5% 4% 79M 49 M 65 M 33 IF *88*" Sale Sale 107 Aug. 19 Aug. 17 76 107 97 93 M 66 Aug. 20 Aug. 79M Aug. 76 Aug. Aug. 16 Aug. 13 73% June 8% Jan. 25% Aug. 4 May 1% May 1% June 4 May June 70 106 July May 109% June 37 May 12 May 10% May 105 % May 9 Jan. Jan. 2 4 16 Feb. 4% July 90 Jan. Jan. , 5 May Aug. Aug. 1 5 5 Jan. 5 May 16 Apr. 13 Jan. 4 Jan. Jan. 3 5 Sept., 1940] Sales in 83' August BONDS Value N. Y. STOCK EXCHANGE 1960 F A 1942 MN 7,000 Central bteel 1st sink fund 8s—1941 MN 134,000 Certain-teed Prod sfg 534s A..1948 M S Champion Paper & Fibre— S f deb 454s (1935 issue) 1950 M S S f deb 454s (1938 issue) 1950 M S Chesapeake & Ohio Ry— 63,000 General gold 434s 1992 M S 150,000 Ref & impt mtge 334s ser D--1996 MN 135,000 Ref & impt mtge 334s ser E--1996 F A 46,000 Ref& impt M 334 s ser F 1963 J D Potts Creek Br 1st 4s 1946 J J 3,000 R & A Div 1st con g 4s 1989 J J 2d con gold 4s ___1989 J J Warm Springs Valley 1st g 5s_1941 M S 36,000 iChic & Alt RR ref g 3s 1949 A O 108,000 Chic Burl & Q 111 Div 334s 1949 J J Illinois Division 4s 1949 J 159,000 J General 4s 144,000 1958 M S 1st & ref 434s series B 82,000 1977 F A 1st & ref 5s series A 1971 F A 93,000 iChic & E 111 1st cons g 6s._.1934 A O 8,000 50,000 UChic & E 111 Ry g 5s 1951 MN ACertificates of deposit 5,000 10,000 Chic & Erie 1st gold 5s 1982 MN 227,000 tAChic Gt Western 1st 50-yr 4s.1959 M 5 j 23,000 {AChic Lndianap & Louisvrf g 6s 1947 j 9,000 ARefunding gold 5s ser B 1947 J J a Refunding 4s series C 5,000 1947 J J Alst & general 5s series A_ 34,000 1966 Af N Alst & gen 6s series B—May 1966 J 12,000 J 1956 J J 10,000 Chic Indiana & Sou 50-yr 4s. 129,000 tAChic Mil & St P gen g 4s ser A. 1989 J J AGen g 334s series B—May 1 1989 J 33,000 J AGen 434s series C 111,000 May 1 1989 j J AGea g- 434s-series.-EJw-.May. .1.1989 J—-J —3 2 vOOO AGen 4%s series F...May 1 1989 J 76,COO j 361,000 tAChic Mil St P& Pac mtg 5s ser A 75 F A AConv adj 5s Jan 1 2000 a O 185,000 46,000 tAChic & No West gen 334s ---1987 M.iV AGeneral 4s_ -1987 m N 76,000 AStpd non payt Fed Inc tax-1987 m N 6,000 AStpd gen 454s non-pay inc taxl987 m N 12,00# AGen 5s stpd non pay inc tax. 1987 m N 29,000 AGeneral 434s stamped.. 1987 MAT 1,000 *Al5-year secured 634s.---— 1936 m S 7,000 Alst & ref g 5s --May 2037 j d 31,000 Alst & ref 434s stamped.May 2037. j d 85,000 Alst & re 434s ser C May 2037 j D 58,000 AConv 454s series A --1949 MAT 216,000 ♦tiChicago Rys 1st 5s stamped I Feb 1 1938 25% part paid—-1927 f A 78,000 j 16,000 tAChic R I & Pacific gen g 4s.—1988 j ACertificates of deposit 15,000 •ARefunding gold 4s— 1934 a O 143,000 ACertificates of deposit 79,000 * aSoc gold 434s series A 1952 m S 12,000 ACertificates of deposit 7,000 AConvertible gold 434s 1960 MN 121,000 Chic S L & N O gold 5s ---1951 j d Gold 334s--June 15 1951,/ d Memphis Div 1st 4s —1951 j o 19,000 Chic T H & 8'east 1st & ref 5s.-I960 j d Income guar 5s Dec 1 1960 M S 27,000 Chicago Union Station— Guaranteed 4s 1944 a O 5,000 1st mtge 354s series E .—1963 j j 21,000 3 34s guaranteed 1951 M 5 29,000 1st mtge 334s series F 1963 j j 245,000 j 173,000 Chicago & Western Indiana 4s.-1952 j 1st & ref mtge 4%s ser D 1962 m S 92,000 1943 a O 163,000 Childs Co deb 5s 4,000 8,000 — . _ ,. -- 6,000 t AChoc Okl & Gulf consol 5s—1952 MN 63,000 Cine Gas & Elec 1st mtge 3348-1966 f A 1st mtge 354s 1967 j d 1942 m N 6 ,000 Cin Leb & N 1st con gu g 4s Cincinnati Union Terminal— 1st mtge guar 3 34s series D--1971 MN 1st mtge guar 354s ser E------1969 f A J 2,000 Clearfield & Mahon 1st gtd g 5s-1943 1993 D 56,000 C C C & St L gen g 4s General 5s series B_— 1993 D 7,000 14,000 183,000 21,000 20,000 Ref & impt 4 1,000 1,000 40,000 47,000 88,000 65,000 15,000 Series D gu 334s— General 434s series A-...- 1950 —-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 a5s income mtge 1970 12,000 86,000 Colorado & Southern 434s ser A. 1980 117,000 Columbia Gas & Elec deb 5s May 1952 Debenture 5s Apr 15 1952 18,000 Debenture 5s Jan 15 1961 223,000 Columbia & Hock Val 1st ext g 4s 48 Columbus & Toledo 1st ext 4s_.195o Columbus Ry Pow & Lt 4s 33,000 ACommercial Mackay Corp— 115.000 Inc deb reg w w A O F A 100 10034 Sale 10634 107 10034*101 10634 107 11534 11534 10834 Sale 11 95 Sale 100 Sale 16 Sale 89 81 79 Sale 85 117 19 11834 Sale Sale 83 88 24 Sale 11% 12 1734 1434 2434 Sale Sale 13 -1334 ■1334 -4-4-34 1434 18% Sale Sale 13 34 15 16 34 9 34 1734 934 9 % 334 4534 13 % aVA Sale Sale Sale 54 34 1434 17 34 I 6* D 6% 534 234 Sale Sale 70 80 60 67 43 62 51 52 106 34 106 34 107 34 Sale 10134 10534 90 Sale 8;l 34 4934 Sale Sale 12 13 10834 109 109 34 10334 10834 Sale 10834 109 60 6434 5134 108 102 34 d 105 A 10534 A O a O 126,000 Consolidated Oil conv deb 3 34s. 1951 J J AConsolidated Ry deb 4s 1954 J ADebentures 4s_J&J 1955 j ADebenture 4s_. —1956 j 4,000 23,000 Consolidation Coal s f 5s.--_.-_I960 J Consumers Power Co— 37,000 6,000 39,000 54,000 93,000 1st lien & unif mtge 3J4s 1st 1st mtge 334s mtge 334s 1st mtge 3 H8 1st mtge 3 34 s—For footnotes, see page 30. 1965 1967 1970 1966 1969 D j j j J MN M N MA7 M N M N 16 17 34 18 20 46 34 13 34 Sale 14 1234 13 634 Sale 534 Sale 63 i 7 34 534 634 134 134 54 43 Aug. 22 12634 9934 Aug. 5 101 9934 Aug. 10 10034 10634 Aug. 16 107 Aug. Aug. 31 Aug. 30 Aug. 8 116 Aug. 15 Aug. 15 116 109 78 51 53 34 Sale Sale 106 83 92 10834 109 109 34 10634 106 34 10634 10834 11 105 34 11 Sale Sale Sale Sale Sale 11 Aug. 30 11 Aug 21 26 51 Aug. 12 34 Aug. 28 1234 Aug. 534 Aug, 16 434 Aug 21 534 Aug, 26 6 Aug. 31 5 Aug. 31 5 Aug, 134 Aug 50 5 634 Aug. 534 Aug. Sale Prices 26 7354 Jan. 5 4 17 66 Apr. 3 Jan. 10 54 20 6234 Jan. 18 4 31 112*31 Jan. 21 8234 Aug. 28 10134 June 20 10634 Feb. 21 May 21 10434 Mar. 14 102 118 94 May May May May 29 21 21 15 12634 July 24 101 Aug. 10054 Aug. 10734 Jan. 109 Feb. 15 109 Feb. 113 34 June 14 11734 Feb. 106 Jan. 22 110 Apr. 94 103 31 30 3 15 15 16 Aug. 20 54 Aug. 14 43 Aug. 4134 Aug. 10734 Aug. 70 7934 69 85 70 85 68 ----- 103 34 105 80 82 Sale io4* 1 1 10434 10434 10434 2534 75 81 78 7934 7434 72 6734 6634 6434 10734 103 34 10434 103 34 73 34 24 34 Sale 10434 Sale 112 10834 105% 107 Sale 3534 Sale 17 11 11 17 5834 6134 10834 10834 109 3$ 10934 10634 Sale 3634 May 24 934 May 22 3 1834" Mar."30 18% Mar. 30 1 18% Apr. 3 19% Apr. 16 Feb. 26 2054 11% 11% 1134 Apr. Apr. Apr. Apr. 8 3 4 3 Jan. 3 Aug. 3 4 51 69 June 1 4 19% Apr. 3 18 Apr. 4 834 Apr. 4 7% Apr. 1 8% Apr. 3 734 Apr. 2 234 Jan. 80% Apr. 18 67 Jan. 4 67 1034 June 13 4 May 21 3 54 June 11 21 354 May 23 1 May 21 4734 Feb. 13 48 May 17 40 May 22 103 Jan. May 17 10734 Mar. 11 July 17 May 22 110 6 10634 Feb. 23 10034 June 1 9934 July 23 100% Aug. 104 87 June May 3 87 June Mar. 9 11 95% 1 95% Aug. 29 59 7 11 13% Aug. 10534 May 25 11034 10934 July 23 11134 8 105 105 Aug. 27 Apr. 6 Apr. 27 May 4 Apr. 4 Aug. 8 5 Aug. 5 10434 June 10734 July Aug. 16 80 Aug. 13 Aug. 9 7434 Aug. 30 6834 Aug. 23 Aug. 5 7 11034 Feb. 43 34 June 18 June 10 50 1057»j July Aug. 30 10434 Aug. 30 10334 Aug. 75 6 Aug, 22 8 2634 Aug. 10534 Aug. 12 Aug. 31 105 10434 Aug. 31 105 Aug."21 107"" 3434 Aug. 13 Aug. 30 3 Aug Aug. 1 3934 Aug. 1 108 109 109 Aug. 22 109 10834 10934 10834 1103440834 Aug. 29 109 10534 10634 10434 Aug. 1(10534 10434 Sale 10634 Sale 10634 Sale 110534 Aug. 21 10634 106 Sale 10534 10634 10534 Aug. 20 10634 1 109 108 Sale Aug. 10834 109 34 108 Aug. 22 Aug 2 Aug. 28 1 Aug. Aug. 22 Aug. 24 Jan. 4 4 29 1 10734 Aug. 10834 10834 108 Aug. Aug. 10934 HI 110834 Aug. 5 111 14 11034 Aug. 11034 HI !HOC Aug. 108 109 107 Aug. 13 108 Aug. 1 10934 Aug. 11134 111 10734 Aug I 14 22 12 28 29 67 8 10434 Aug. 30 10654 Jan. 10934 Feb. 24 10934 Feb. 24 107 34 Aug. 21 103 34 Aug. 23 8334 Jan. 13 9034 Jan. 11 107 34 Aug. 103 34 Aug. 66 May 72 May 64 May 5634 May May 10254 June 65 May 2034 May 9934 May 99 May 97% May 113 July 11034 May 10534 Aug. 82 34 Jan. 3 Jan. 19 74% 108 May 15 106% Jan. 75% May 3434 Jan. A ug. 105% 106 July 10534 Apr. 11434 Apr. 110% Apr. 109% Jan. 34% Aug. 13 40 July 106 % May 14 111% Apr. May May May May 107 May 103 % May 104 31 May 103 May 10554 May 21 130% 1 92 109% 8834 11534 10834 28 23 22 20 15 21 15 22 10 4 12 23 19 8 27 3 18 15 Apr. 13 Aug. 8 119 Apr. 26 110 May 4 11034 July 12 5 0734 Jan. 10834 Apr. 4 6 10734 Jan. 5 109% Jan. 5 14% Mar. 23 7 102% May 15 106% May 11 June 14 19 Apr. 17 13 June 25 18% Apr. 15 9 11 June 14 1834 Apr. 6 5534 Feb. 29 65 May 14 10534 Aug. 6 10634 Aug. 23 10634 Sale 10534 Sale 11 18 1234 19 11 19 1234 19 11 Aug 28 1234 Aug. 19 1134 Sale 1234 1634 63 34 Sale 60 6334 Aug 19 6454 6434 Aug. 6 5 2 Aug. 21 69% Aug. 23 80 Aug. 7 3 5434 Jan. 4 5134 Jan. 85 15 110% Jan. 25 10834 Jan. 106 % Aug. 4 5134 Apr. 12 6334 Feb. 26 3 54 Apr. May 21 108 Sale 8 Jan. June 21 6 11034 Aug. 26 11034 11034 10934 Aug. 1 119 122 34 Sale Aug. 16 12434 Aug. 92 8. 92 8 9834 Aug. Aug. 9134 10834 111 10934 11034 10734 Sale 10734 Sale Mar. June 6534 Aug. 19 1 8 4 4 4 Apr."~9 51 10934 Sale 123 34 Sale 92 9034 108 21 15 6 21 16 18 28 22 21 21 - 70 14 Sale "10—"May 12 May 1154 July 1034 May 13 Aug. 12 34 May 6 May 6 May 534 May 134 May 18 37 104 109 May 22 1534 May 21 3 54 June 7 1 May 24 -JO—May -22 8 May Apr. Apr. Apr. Apr. Apr. 62 2834 2734 29% 2954 3034 734 2% 6934 Aug. 23 7 80 Aug. 5134 Aug. 31 2 10434 Aug. 10534 18 TT~~ May 23 Apr. 3 5 18% Apr. 1034 Mar. 13 1034 Mar. 14 20 6 11154 May 48 Aug. 10734 3?4 May 21 53 June 25 1534 May 21 1634 May 22 6 Mar. 15 2 Aug. 26 Aug. Sale 12 54 Jan. 11 3 54 May 21 3 May 30% Apr. 21 June Aug. 21 24 104 19 100 Feb. 7 73 Sale Jan. 1934 May 21 12 34 May 21 12 34 Jan. 15 75 14 77 10434 Sale 86 107 Aug. 4 May 24 June Aug. 20 85 2 8 Jan. 5 90 12 123*4 Aug. 20 1034 May 23 19% Jan. 16 10 3 May 21 1934 Jan. 75 117 Aug. 21 Aug, Sale Sale 8 261108 34 10734 10734 Aug. 21 10734 Aug. 21 10334 Aug, 23 103 34 Aug. 23 77 74 Aug. 23 7834 Aug. 13 112 34 107 Aug, 4 7?4 May 21 9034 May 31 21 10334 105 75 7034 25 Aug. 1634 Jan. 98 May 93 34 June 11 102% Jan. 83 Apr. May 22 93 71 June 6 8434 May 4 34 May 134 Aug. 105 5134 Sale 3934 Sale 89 Aug 77 34 7934 48 5134 Sale 45 49 4834 51 4634 65 64 64 6534 6634 9934 10034 9934 10034 10634 10734 105 10434 10434 10434 10434 75 103 34 10934 Sale 12834 Sale 55 106 43 10834 10634 10934 35 105 107 10834 10834 76 Sale Sale 134 Sale 65 7334 Sale 11134 5 11 Aug. 13 1234 Aug. 9 93 34 Aug. 24 95 Aug. 1 9734 Aug. 14 10034 Aug. 7 8434 Aug. 23 8834 Aug. 7 73 Aug. 14 7934 Aug. 1 80 86 Aug. 14 Aug. 7 12234 Aug. 14 12334 Aug. 20 1234 Aug. 29 1434 Aug. 2 13 Aug. 16 1334 Aug. 31 96 96 Aug. 1 Aug. 1 2534 Aug. 17 2834 Aug. 1 15 19 Aug. 14 Aug. 30 16 Aug. 2 1734 Aug. 28 1534 Aug. 22 1834 Aug. 30 534 Aug. 734 Aug. 30 6 Aug. 734 Aug. 30 62 62 Aug. 12 Aug. 12 2034 Aug. 15 2434 Aug. 24 21 23 Aug. 22 Aug. 28 22 ' Aug. 14 2534 Aug. 30 2234 AugrlS "25% Aug'.' 28 2034 Aug. 16 2534 Aug. 26 434 Aug. 14 534 Aug. 31 134 Aug. 12 134 Aug. 10 13 34 Aug* 1234 Aug. 29 2 12 34~ Aug. ~28 14—Aug.—6 13 34 Aug. 29 1234 Aug. 12 Aug. 31 1334 Ajug._30 14 13 Aug. 17 1434 Aug. 13 13 13 Aug. 16 Aug. 16 15 16 Aug. 6 Aug. 1| 734 Aug. 15 934 Aug. 30 7 Aug. 21 834 Aug. 30 7 Aug. 13 834 Aug. 30 134 Aug. 6 234 Aug. 8 8 105 Aug. Aug. 10834 10734 10834 10734 Aug. 2 10834 Aug. 3 106"" Sale 10034 10034 105 1 7 106 Aug. Aug. 1 100 10034 Sale 10034 Sale Aug. 21 10034 Aug. 91 91 1 Sale Sale Aug. 8834 Aug. 13 91 91 Sale 90 92 9134 Sale Aug. 28 Aug. 13 44 Sale 8 31 27 Aug. 29 4134 4134 Aug. 11 11 11 7 7 11 Aug. Aug. 1 10834 Aug. 29 10834 10834 10734 Aug. 10734 Sale 10834 11034 10834 105 105 Aug. 10334 8,105 Aug. 105 7434 10434 Sale 10434 4134 43 34 1234 13 34 1134 13 634 Sale 5 534 634 734 4534 5134 Sale Sale 2634 2034 23 2434 2534 22—~29 34 17 2634 534 Sale 134 134 1334 Sale 51 Sale Sale 63 21 80 102 70 60 834 -8 - 8434 33 34 103 J4 110 27 1734 734 734 . 102 f 1948 a O 102,000 1956 a O 62,000 1958 j j 73,000 AConsol Hydro-Elec Wks of Upper Wuert tern berg 1st 7s —1956 j j 2734 22 6834 Apr 1 1969 May 3%s__l946 1834 6534 Sale j 334s debentures 334s debentures 334s debentures 96 26 17 80 Commonwealth Edison Co— 41,000 Consol Edison (N Y) deb 95 Sale 75 85 8934 8134 7334 1st mtge 3 34s series I 1968 j D 19,000 Conv deb 334» 1958 j j 215,000 1,000 Conn & Passum Rivs 1st g 4s—1943 a O Conn Ry & Lt 1st g 434s 1951 j j Stamped guar 434s.------—1951 j j 1,000 8,000 Conn River Power s f 354s A—196' f A Sale 16 4534 O 1965 MAT 96 2734 21 24 34 23" ' -2434 2434 ' 2434 434 -534 134 Sale 1234 13 34 13 34—14— -14Sale 13 34 13 34. 19 19 11 Sale 1134 1434 17 1434 Sale 13 1334 16 Sale 1534 1534 10 834 834 934 834 Sale 834 934 834 834 834 11 234 Sale 134 Sale 2734 15 % 16 Sale 2634 67 24 34 -25-34 26 Sale 12434 1334 Sale 21 Sale O j ----- 23 7 O O 8834 Sale 75 79 % Sale 81 8534 Sale 123 34 12234 13% Sale 1334 1334 1334 1434 25 "734 5834 23 h 2134 1134 1134 9434 Sale 9834 8534 Sale 98 1734 634 5% 634 534 63 34 5834 23 34 Sale 634 O 1234 16 12 a A 102 9534 Sale 10034 Sale a f 124 Sale 5734 June 59 July 3134 June 50 Aug. 107% Aug. 65 May 103 a a 101 Sale Aug. 12 Aug. 16 Aug. 9 Aug. 28 109" 11134 118 10334 80 j 1 Highest Sale Prices Aug. Aug. 10434 10434 Aug. 10 10434 Aug. 10 10334 102 Aug. 22 103J4 Aug. ~ 12634 Sale j O Aug. 13 12434 126 102 Sale O a Sale Prices 63 Sale a mn Sale Prices 59 64 125 j MN Ask Sale 9934 9934 10734 J A 61 124 MiV F Sale 103 Sale Sale J Sale 63 10434 107 10334 Sale Sale M S O 64 Highest 10434 104 % 10234 105 5134 58 Cin W & M Div 1st g is. —--iuyi J J St Louis Div 1st coU trust g 4s_ 1990 MN A Ask Bid Bid Lowest Lowest i 112*»i 11214 75 Sale 67 Sale Spring & Col Div 1st g 4s—-1940 434s ser B--1942 Series B gu 334s 1942 Series A gu 4348 1942 Series C gu 334s 1948 Aug. 31 6434 63 Aug. 1 45 Sale 4534 Sale 4234 Aug. 17 4534 49 50 5434 5434 Aug. 20 5134 108 109 107% Sale 107% Aug. 31 108 80 7734 Sale 8034 7734 Aug. 1 8234 71% Sale J Clev & Pitts gen gu 4,000 Aug. 1 Ask Bid 1949 F A 1954 A O RANGE SINCE JAN. 2, 1940 s 33 PRICES IN AUGUST Price Jan. 76,000 Cent Pac 1st ref guar g 4s 3,000 Through St L 1st gu g 4s 210,000 Guaranteed 5s. 4,000 Central RR & Bkg of Ga 5s " EXCHANGE—BONDS N. Y. STOCK Jan. 104 34 May 28 10934 Jan. 27 105 Aug. 22 May 21 111 106 May 21 111% May 10234 May 22 109% Apr. 104% May 22 110 May 4 3 7 24 J Sales in August bonds Value N. Y. STOCK EXCHANGE 09 146,000 289,000 4,000 4,000 7,000 119,000 1,000 11,000 17,000 45,000 Jan. 2, 1940 Bid Ask Bid 107 iCuba RR 1st 50-yr g 5s a7%s series A extended to 1952 1940 a6s series B extended to 1946 38 44M Sale 32 M Sale Dayton Pow & Lfc 1st mtge 3s_-1970 J J Del & Hud 1st & ref 4s 1943 MN J Delaware Pr & Lt 1st M 4%s—1971 J 1st & ref4%s_ 1969 J J 1st mtge gold 4 %s 1969 J J t*ADen & Rio Gr 1st cons g 4s__1936 J J ♦iConsoI gold 4%s 1936 J J % iDenv & R Gr West gen 5s Aug 1955 F A ^Assented (subject to plan) ARef & imp mtge 5s ser B 1978 AO 62 M 109 105M 106 108 M Sale 9M Sale 9 10 M 2M Sale 2M 3 6M Sale 3M 49% 110 ----- Sale 110% Sale 110% 113 40 54% 22M 35M 98 100 105% 107 M 106 M 13M 109 Sale 17M Sale 105M 106M 91 91% _ iGeu conv 4s Series D J- J 140 ---rrr F A 108% Sale M S A. Q A O J J J A J O A 1953 A _ Sale O 23 M 19 Sale 24 M O ...— aN Y & Erie RR ext 1st 4s—1947 MN * 1938 m S _ 1954 F ~8~, 000 First lien s f 5s stamped 1942 1st lien s f 6s stamped 1942 11,000 30-year deb 6s series B 1954 10,000 77,000 Firestone Tire & Rubber 3 Ms.-1948 1,000 f AFla Cent & Peninsular 5s 1943 1959 21,000 jFla East Coast 1st 4 Ms Alst & ref 5s series A 1974 162,000 ACertificates of deposit 36,000 ♦tAFonda Johns & Glovref 4Ms 1952 Proof of claim filed by owner— ♦A(Amended) 1st cons 2-4s—1982 Proof of claim filed by owner— 2,000 ACertificates of deposit 2,000 17 M 53 % 49 A O J D M 5 Great Northern Ry— 1st & refund 4 Ms series A 1961 Gen mtge 5 Ms series B; 1952 Gen mtge 5s series O 1973 Gen 4Ms series D 1976 Gen 4Ms series E_____. 1977 Gen mtge 4s series G. 1946 Gen mtge 4s series H. 1946 Gen mtge 3 Ms series I 1967 116,000 AGreen Bay & West deb ctfs A_. Alncome debenture ctfs B "¥,666 Greenbrier Ry 1st gu g 4s 1940 Gulf Mob & Nor 1st 5 Ms ser B. 1950 73,000 1st mtge gold 5s series C 1950 57,000 Gulf & Ship Island 5s stpd 1952 Gulf States St'l 1st mtge 4Ms_. 99,660 43,000 Gulf States Util 3 Ms series D__. Parpen Mining 6s Hock Val 1st con g 4Ms Hoe (R) <fc Co 1st mtge t*AHousatonic RR con Houston Oil 4Ms debs. Feb 49 M Aug. 22 108 Aug. 110 Aug. 110M Aug. Aug. Aug. Aug. 20 1 Aug. 99% Aug. 22 106 5 Aug. Aug. Aug. Aug. 107M Aug. 20 Aug. 107M Aug. 8 6 29 110% 105 m 107 m 104M 105 m 31 Apr. 1 46 Jan. 4 31 35 Mar. 29 105% July 63 m Jan. Jan. 104 May 106 m Feb. 106 Jan. 4 May May May May May 4 Feb. 8 Apr. 40 26 109 5M 5M 1M 1M 5 28 June 107 11 Jan. Apr. Apr. 15 5 Apr 2 May 8 3 6 6 109 % May 11M 11% 3% 2H 16 3 Apr. Apr. Jan. 4 24 Jan. 4 Apr. 9 1 5 Mar. 49 M June 22 50 June 20 88 105 Aug. Aug. May July Aug. May Aug. 1 19 110m Jan. 2 111m June 21 113 Feb. 20 40m Mar. 12 25% Apr. 101 Jan. 107 m May 12 11 4 105 M May 17 108 % May 8 12 Jan. 13 30% Apr. 11 106 m. May 21 109m Jan. 2 105 17 107 % May 6 'ar. 14l95 May.. 9 Fob. 8 149% Apr. 6 104 Mar. 11 May 15 110 101 % Aug. 21 101% Aug. 13 June . [141 31 51 May 22 Apr—8 44% May 28 17% June 10 13% June 10 14 May 25 12 18 .56 31 31 31 31 Feb. 8 8% June 10 8% June 10 60 - Jan. 2 59— Jan. 68 Aug. 31 28% Apr. 15 26 Apr. 15 26 Apr. 15 Jan. 15 18 Jan. 3 Jan. 3 31 22 44 June 7 22 52 June 17 92' Feb. 8 60 100 May May May 107M 106 105 102 Mar. 102 100 100 May May 99 June 104% 104% Mar. 15 104% Apr. 4 103 May 37 Aug. 2 2M 48M 2% 3% 2 2Vn 104 % 34 M 91M 25 35 40 Sale 19M 17 93 ----- 1 M 100M 101M 101 ----- 84 ----- 72 105 M 105M 99 M Sale 90 M 49 ----- 16 Sale Sale 82 M 84 79 83 95 32 M 95 103 % ----- 7 104 103% Aug. 79% Aug. 24 82 Aug. Aug. 103M 60 80% 77 M 96 83 M Sale 80 81M 87 M 84 83 Aug. 77% Aug, M Sale 94% 78 M 61M 4M 86 87 7 1 87% Aug. 16 82% Aug. 26 Sale 29 108% Aug. 20 16 103% Aug. 10 Sale 24 107 M 108 m 107% Aug. 101 102M Sale Aug. 95 96 94 Aug. 87 M 86 M 87 M 85 Aug. Sale 87 M 88 85% Aug. Sale 103 Sale 100 Aug. Sale Sale 94 92 Aug. Sale Sale 80 76% Aug. 64 61M 64 6 4% 4% Aug. Sale 108 102 % 103 % 9 104 29 Sale 64 Aug. 5 % Aug. 20 101 % Aug. 7 47 Aug. 12 _ Sale Sale 2 2 3M Aug. % Aug. 2M 102 M 101n32Aug. 35 40% Aug. ----- 81M 82M 58 8 39 A O A O 85 82 M J J 85M A O 99 Sale 81M Sale 79 ----- Sale ----- 15 J 119 O 78 Sale 79 5s... 1937 M N 46 Sale 48% 97 M Sale 17M ----- 98 M 83 M 82% 85m 86 % 84 83 Aug. 78% Aug. 85M 102M 103M 104 104m 103 Aug. 110M Sale 110m 110m 110% Aug. J 108 M 86 120 101 ----- Sale 84 19 13 14 13 13 3 96% Aug. 87% Aug. 12 87% Aug. 29 5 103% Aug. 1 94% Aug. 80 Aug. 30 65% Aug. 22 74 Aug. 22 97 July 22 9 5 Aug. 26 50 M Sale 86% Aug. 82% Aug. ----- 104 Aug. 110% Aug. Sale 122% 81% 83 m 79% 46 m 49 49% 99 m 100 100 Aug. 2 123 81 Aug. 2 Aug. 9 49% Aug. 14 101 Aug. 14 Aug. 6 Aug. 9 Aug. 1 16 Feb. 9 Mar. 26 Feb. 8 107 Mar. 28 46% Feb. 55 May 4% May 3% May 2 Mar. 28 98 108% July 48 7 % Aug. rd Jan. 3 May 27 Jan. May 24 2% Jan. 18 4 % July 31 2% Jan. 100I7ijJan. 24 101 % Aug. i 35 Aug. 27 63 May 10 121 May 100% May 99% June 24% Jan. 30 Apr. 25 Aug. 55% May 9 June 124% Jan. 19 105 J an. 5 105% 28% 34% 29% 75% Aug. 15 Apr. 3 Apr. 20 14 Apr. 6 Aug. .30 22% Mar. 28 Mar. 12 22 Apr. 5 100% May 15 105% Jan. 77% June 11 91% Jan. 10 13% July 18% Jan. 103 July 80 Jan. 9 May 29 61% May 28 104% June 94 May 87 May 77 May 76 May 94% May 88 Jan. Jan. 2% May 100% Apr. June 65% June 90% Mar. 96 Feb. 106% May 21 Apr. 115 June 80 Jan. 25 9 96% Feb. 23 88 Apr. 3 108% May 103 % Aug. 96% Aug. 88 May 88 Apr. 105 Apr. 96% May 80 May 61% July 8% Jan. 100% Apr. 87% Feb. 83% Jan. 90% Mar. 104 Aug. 111% May 68% June 75 5 19 104% Feb. 20 76 58 16 123 106 2% May ----- 103 90 % 73 % Sale Aug. 103m Aug. 101 Aug. 105m Aug. 37 Aug. 55m Aug. 6% Aug. 6% Aug. 122% Aug. 8 122m Aug. 122% 121M 104% Aug. 13 103M 105 104M 105 104m Aug. 105 105% Aug. 15 104% 105 105M 104M Aug. 25 25 25M 40 20M Aug. 13 Aug. 34 28 32 34M Aug. 27 Aug. 25 26 25 M 25 30 30 Aug. 29 Aug. Sale 74 M Sale 70 75% Aug. 30 69m Aug. 14 10K 11 9M 14 12M 12M ISM 18M Aug. 10 Aug. 10 14 103 78 89 1M 121 Sale 103 2% 2M VA 53 M 101M 7 Aug. 5 103% Aug. 101 5 Aug. Sale 104m Aug. 28 39 37 Aug. 16 54 53 m Aug. 10 Sale 6 5% Aug. 5 6 6M Aug. Sale 8 100 % 103 M 107M Aug. 13 103M Aug. 28 107M 107m Aug. Aug. MN 1954 MN 6 29 21 22 31 102 m June 37 m June 107 m 108m 108 % 30 m 60 105 MN 30. 1 7M Aug. 7 Aug. 13 2M Aug. 14 2 9 Aug. 6% Aug. 26 49M Aug. 22 103M 103M 105 102 100M 104 104 J Aug. 14 106M Aug. 19 6 101 103 Sale Feb 104 103 M 102 % 103M 102 95 102M 100% 103 102 104 102% 103 M 102 1949 — see page 106 % 102 105 M J Aug. 15 - 40 6M 5% 70 1999 1944 A g 97 16 J Aug. 27 51M Aug. 31 107M Aug. 1 107M Aug. Sale 107 93 % 93 92M Aug. 15 93 96 M 96 M Aug. TP r46H~Nug7~W3r~Aug. 146T49 107 107 M Sale Aug. 9 107M Aug. 107M 106 101M Aug. 21 101M Aug. 49 56 50%-. 59 95 -50-M—95% 49 68 M Sale 62 62 Sale 68M Aug. Aug. 1 27 M Sale 23 M Aug. 20 25 M Sale 27m Aug. 24 Sale Aug. 20M Aug. 27 24 20%Sale 23 23 Scile 20 Aug. 21 20M Aug. 2 21 14 14 21 Aug. 24M 20M Aug. 14 % Aug. 14M Sale 10M Aug. 11% Sale 14m Aug. 11M Sale 14M Sale 10M Aug. 65 m Aug. 67 68 62 50 65 Aug. 74 74 M 70 M 79 71M Aug. Aug. 72M 96 M 94 Sale J 17M Sate Prices Sale Prices 102m Apr. 104 May 99 m May 101 May 15 July 17% Aug. 19m aug. 19 July 1 Highest 103 % June 107% 15 J I 30 106M Aug. 21 103M Aug. Aug. 14 105 13 20M Aug. 31 28 20M Aug. 30 26 21M Aug. 30 Aug. 30 5 20 Aug. 107M 107% 106 M 109M 107 20 19 20 M Aug. 20% 23 107 M Sale 107 M Sale 106M Aug. 1§69 a For footnotes W Sale 5% 5M 104% ... Sale 18 M J 23 109M J J 15M 17% 19M 107 M 107 % 107M 109 % 109 M 108M 110 110% 30 45 30M "45" 20 20 M 35 20 Sale 96 99 % 93 % 96M 96M 105 102M 104M 105M 106 108 109% O J 104 24M 22 49 5% 4% J 94,000 100,000 109,000 87,000 196,000 265,000 254,000 Sale Sale 3% Sale 24] 273 1941 5M Sale 69 M 13 4Ms._. 103 M 102M Aug. Aug. Aug. Aug. Aug. Aug. Aug. 108 8 24 % 1st gu g 105 105 8M J ex Sale 108 53 M 101 Grays Point Term 1st gu g 5s... 1947 1944 22,000 Gt Cons El Pow (Japan) 7s 1st & gen s f g 6 Ms 1950 67,000 Sale Prices 104M 105 51M Sale 50 MN Grand R & I 3M 49 M Sale Sale 55 M 104 142,000 Goodrich (B F) Co 1st M 4 Ms.. 1956 J D 17,000 Gotham Silk Hosiery deb 5s w w. 1946 M S Gouv & Oswegatchie 1st 5s 1942 J D Sale Prices 104M Aug. 48 Aug. 108 Aug. 104 104 104 Aug. 105M 106M 107M 106M Aug. 106M 7 7M 6M Aug. 7M Sale 7 8 7 6M Aug. 8 2 2M Aug. 1% 1M 2M 2 2 1% 1M Aug. 1M 6 5H Aug. 6 5M 104 M 49 M 107M 53 M 122 5s Highest Sale Aug. 105M Aug. 14 107 103M 103M Aug. 30 104M Aug. 18 33 M J cons 20 Sale 53 Oct. 1945 J 1934 J 2,000 +*AGeorgia Caro & Nor 6s AGood Hope Steel & Iron sec 7s. 1945 A tAGa & Ala 1st i04M 101M 103 105M Sale 43 % 51 MN MN 17 —— 107% 108 103 % 101 102% 103% J 55 103 104M 105M 106M 105 103% 103M 104 104M 104% Sale Sale 17 20M 19 16 21% 21 Sale 21M 98 104 J Sale 55 M 90 M S D 21 Sale 106 M Sale Lowest Lowest 75 M S J 8,000 Fort St U D Co 1st g 4Ms.——-1941 j'j 1956 MN 15,000 Francisco Sugar coll trust 6s 1949 2,000'Gas & Elec (Bergen Co) 5s 2,000j Gen Amer Investors deb 5s ser A 1952 21,000 General Cable 1st s fg5%s A.__ 1947 1945 1,000 AGeneral Elec (German) 7s 1940 2,000 ^Debenture 6%s_ 1948 2,000 aS f deb g 6s. 287,000 Gen Steel Castings 1st 5Ms w w_ 1949 17 M A 1956 j D 1942 M S 1942 M S 5s International series -59%~Sale. 1-67 95% 54 % 24 % *ARef & impt gold 5s ser 19271967 M N *ARef & impt 5s series 1930. -1975 A O iErie & Jersey 1st s f 6s—-.1965 J J AGenesee Riv RR 1st s f 6s___1957 J J A3d mtge 4 Ms AErnesto Breda Co 1st mtge 7s. 9,000 Fairbanks Morse deb 4s 8,000 Federal Lt & Tr 1st s f 5s 3,000 39,000 4 EdEini-NY-lsfreonag-5»-~-- -1995 Electric Auto Lite conv deb 4s_ 1952 Elgin Joliet & Eastern Ry 3 Ms A 1970 El Paso & S W 1st & ref 5s 1965 5sstamped —1965 tAErTe RR 1st con & prior lien 4s 1996 Alst cclnsol gen lien 4s 1996 AConv g 4s Series A -1953 a4s series B 1953 _ 6,000 Sale 110 Eastern Ry M No Div 1st g 4s_1948 A O Eastern Tenn Va & Ga 1st g 5s. 1956 MN - 25,000 Sale Ask Ask Bid Sale RANGE SINCE JAN. IN AUGUST Aug. 31 Aug. 1 Continental Oil conv deb 2%s-_1948 J D 108 % Sale Crane Co s f deb 3 % s 1951 J D 104M Sale Crown Cork & Seal s f 4s 1950 M N\ 105 105 M S f 4%s debentures— 1948 J J\ 102 M Sale Crucible Steel 4 %s deb ser A—1948 F A 103 103 M Cuba Northern Rys 1st 5%s 29M Sale 1942 J D t ADes Moines & Ft Dodge 4s—1935 Certificates of deposit J J 1,000 tiDes Plaines Val 1st guar 4%s_1947 M S Detroit Edison— Gen & ref 4 % s series D 40,000 1961 F A Gen & ref mtge 4s series F—1965 A O 38,000 Gen & ref mtge 3%s series G-1966 M S 4,000 Detroit & Mack 1st lien g 4s 1995 J D ASecond gold 4s "¥,666 1995 J D 44,000 Detroit Term & Tun 1st gu 4%s 1961 MN 26,000 Dow Chemical deb 3s 1951 J D IfDuluth Missabe & Iron Range 9,000 Ry 3%s 1962 A O J 1,000 1 * aDuI So Shore & Atlantic g 5s_ 1937 J 86,000 Duquesne Light 1st M 3%s 1965 J D 231,000 299,000 81,000 70,000 4,000 666,000 472,000 44,000 23,000 PRICES Price ii ll % 130,000 26,000 15,000 36,000 112,000 347,000 21,000 14,000 12,000 exchange-bonds n. y. stock 3 10 3 2 26 30 3 9 8 24 22 23 6 14 21 7 21% Feb. 27 5 123 Feb. 23 May 24 81 Aug. 40% May 28 55% Apr. 96% May 28 101 May 6 70 3 1 Sales in Ask Adjust income 5s k Illinois Bell Telep 3Ms ser Illinois Central 1st g 4s. 1st gold 3Hs Extended 1st Feb 1957 B...-1970 1951 1951 1951 1951 1952 1955 g3*4s1st gold 3s sterling Collateral trust gold 4s Refunding 4s Purchased lines 1st 3 *4s 1952 Coll trust gold 4s 1953 Refunding 5s 1955 40-year 4*4s 1966 Cairo Bridge gold 4s 1950 Litchfield Div 1st g 3s_ —— -1951 13,000 137,000 6,000 59,000 64,000 364,000 4,000 43,666 Gold 3 Ms Springf Div 1st 91 3 *4s Western Lines 1st g 4s— 8", 066 Sale Sale 12 111M 112 87 X Sale 87 83 "40~" Af S 68 20 A O m N Sale 42 43 Sale 46 Sale m N m N F A X 41M 42 M 51M 40 43 X J 127 45 Sale ill* Sale Sale 88 91 83 87 41 Sale Sale Sale 40 X Sale 51 40 43 X 40 M Aug. 21 43 45 M 36 45*4 39M 42*4 Aug. 40 Aug. 38 X Aug. 50 M Aug. 36*4 Aug. 73 Aug. 47 M 41 52 Sale Sale 85 71M 45 76 65 45 65 54 M 42 60*4 49*4 57 M 42 60 50 57 X 40 50 40 50 60 51M 52 M 50 54 52M Aug. 70 56 * 57 13 11*4 Aug. 19 70 41M 69 X 55 70 47 M "56"" 52 73 14 20 20 6 16 30 40 X .1963 49 4 Ms series C 1963 Allseder Steel Corp 6s .... —1948 ♦ilnd Bloomington 8c W 1st 4a.-1940 Indiana 111 8c Iowa 1st gold 4s..1950 45 Joint 1st & ref 5s ser A 16",000 16,000 t ilndianapol 8c Louisv 1st gu 4s_1956 Indianapolis Union Ry— Ref & impt mtge3*4sser B—1986 1,000 36,000 Industrial Rayon 4 Ms —1948 121,000 Inland Steel 1st mtge 3s ser F 1961 12,000 Inspiration Consol Copper 4s 1952 114,000 t Hnterboro R T 1st & ref 5s..1966 * a 10-year 6 % -notes.^ .^ 114,000 1932 ♦a 10-year 7% notes. 136,000 .*..1932 .1947 82,000 Interlake Iron conv deb 4s— 10 100M 61 13*4 M S 105 ----- J J 102 H Sale A O 95 - - . 34,000 33,000 J AO MS A o Internat Gt Nor 1st 6s A 1952 J J —a Adj mtge 6s series A.July 1 1952 A-JO* a ~24;000{ 5,000 240,000 19,000 51,000 131,000 15,000 2,000 130,000 354,000 11,000 38,000 167.000 4,000 11,000 5,000 68,000 101,000 71,000 a 1st mtge*old5s*eriesB __-_.l 956 a 1st gold 5s series C_. Hydro El deb 6s J J J J A o O Internat 1956 1944 Int Merc Marine 1st s f 6s 1941 A J series A—1947 J Refunding 6s series A ..1955 Af S 1972 M n 1947 F A Internat TAT deb g 4M8 1952 J J Deb gold 5s 1955 F A lAlowa Central Ry 1st A ref 4s. 1951 M 8 James Franklin 8c Cleart 1st 4s..1959 J D Jones 8c Laughlin St'l 1st M 4*4» 1961 M S 6s B . 1990 A O Kanawha 8c Mich 1st gu g 4s t* aK C Ft 8 & M ref g 4s 1936 A O A Ctfs of dep (Bankers Trust) Kan City South 1st g 3s -.1950 A "o J Ref & Imp 5s.. ..April 1950 J Kan City Term 1st 4s 1960 J J 2,000 22,000 66,000 110,000 34,000 9,000 7,000 59 Aug. 15 Sale 68 Sale 102*4 Sale 97*4 Sale 81H 84 96*4 Sale 41H Sale 43 M Sale 1*4 IX 53 Sale 94 X Sale a 88M 29*4 31 28 29 M 68 M Sale 65 Sale 108 M Sale ..... 52 M Aug. 2 56 Aug. 14 a 5s 65,000 2,000 45,000 108,000 709,000 64,000 224,000 32,000 162,000 — a5s stamped Alst A refunding 5s - 52,000 Libby McNeil A Libby 4s Liggett A Myers T bacco 36.000 5s Long Dock Co 3 4 . ext to For footnotes, see page 30. 85 M 31 Sale " Sale 10_ 103 Sale 90 Sale Sale Sale Sale Sale 70 72 87 90 87 85 M 27 29 M 1 53 X Sale 8ale 1*4 Sale Sale 90 33 25 .... 28 11 6 53 Feb. 17 56 Jan. 0 33 May 21 May 21 47 Aug. 81M Aug. Aug. Aug. Aug. 9X Aug. IX Aug. Aug, Aug. 49 * Aug. 60 Aug. 103 Aug. 102 M Aug. 74 Aug. 86 M Aug. 28 X Aug. 30X Aug. Aug. Aug. 11 26 9 9 22 29 19 28 30 22 11 2 18 2 14 X Jan. 2 14 X Jaibr 5 74 X Jan. 76X Feb. 1® 2 103*4 Jan. 104 »*» July 18 Jan. 37 X May 53 June 99 May June 8 22 June 1 1 1 38 Jan. 95 Apr. 4ix Aug. 29 93 7 84 25 June 11 May 31 55 99 50 105 13 X May 23 109 Mar. 5 11 100M 103 102 103 100 X Aug. 102 Aug. 106 105 20 105 X 105 M Aug. 106 Aug. 104 20 "79*4 71X 77 70*4 Aug. 21 71 Aug. 30 Feb. 50 Feb. 68 June Feb. 75 80 May 14 80 Feb. 5 Jan. 25 156X 106 M Sale 106*4 ----m N 104 M Sale 150 X 172 106 M 150*4 106X 107 107 X 105 108 Sale 104 M M S 102 X Sale 102 X 103 60 90 105"" 5 107 44 45 41M 42 Sale 41*4 50 M 75 80 78 X 82 M 77 M 90 81 74 X 80 X 77 81*4 82*4 87 M 87 M 89 28 32 M 55 85 85 49 Sale Sale 84 M 52 Sale 52 Sale 43 M 45 Sale 50! Sale 48 Sale 86 M 89 X Sale Sale 36! 30 M 3 85 M 87*4 32 37 48 M 94 93 X 89 Sale Sale 49*4 Sale 30 X 50 X 83 34*4 86*4 51 Sale 50 M 83 X 39 32M 51 86 36M 49 M 28 M 49 2 X Aug. Aug. Aug. Aug. Aug. Aug. Aug. 90 86 52 52 Aug. 28 Aug. 1 Aug. 23 82 Aug. 22 33 M Aug. 21 31 35 Aug. Aug. 6 49 Aug. 29M Aug. 29M Aug. 27 X Aug. 29 Aug. 28M Aug. 27M Aug. 49 Aug. 7 29 M Aug. 7 8 60 Aug. 6 41H Aug. 41M Aug. 23 7 42 Aug. 30 50 49 26*4 A 27*4 31*4 F 17 26 M 30 21 32 28 1974 -.1974 A 21*4 30 F 21 34*4 34 M 1943 J "J 27 M 27 M 60 M 60 X 70 40*4 42*4 38 M Sale 39M 43 2 53 Aug. 36X Aug. 20 41 M Aug. 23 40 42 40 F "A J J J J 26*4 50 48 X 43 X 43 M 43 M 25*4 30 52 52*4 70 60 Sale 52*4 38*4 50 M 48 15 Sale Af N 39 " 15*4 15 Sale 15 Af N -14 X 14 Af N *14 *4 15 X 17 Sale MN Af N 19 Af N 17 A O 49 M 1941 A O 49M ~60" " 1965 A O 1955 1944 J J A O 1951 1952 F A A O 1947 J D 1962 M N 1946 F A 1952 J D 1953 F A A O 117 Sale 120 X 127M 129*4 130*4 127 97 100 107 M 109 X 102 M 66 108 7294 Sale 75 Sale 1 15 15*4 16*4 45*4 45*4 115 28M 28 30 30 30 2 18 17 M Aug. Sale 14 X Aug. Sale 17 M Sale Sale Sale 14M Aug. 16 Aug 15 M Aug 19 18M 18 X 19 M 19 X Sale 17 Sale 47*4 48 120 42 42 Sale 16 M 54 46 M 48 115M 46 M 115M 104 M 101X 123M 127M 123 M 127 127*4 128*4 128 M Sale 95 95 M Sale 93 95*4 104 M 114M 104 H 106*4 107 102 Sale 123*4 Sale 102*4 33 Sale 107 Sale 41 102 X Aug. 28 Aug. Aug Aug Aug Aug Aug 13 1 2 1 19 23 7 Aug. 31 — 6 6 18M Aug. 18X Aug. 31 7 19 X Aug. 7 20 X Aug. 5 47 X Aug. 5 48 Aug. 7 115M Aug. Aug. 7 102 M Aug. 1 124 M Aug. 13 128 M 96 M Aug. 13 Aug. 26 107 X Aug. 19 1 Aug. 2 Aug. Aug. 29 Aug. 12 Aug. 102X Aug. 27 103 101X 103 44 36 Aug. 36 X Aug. 50 108X Aug. Aug. 107M 107X 107 70 1 101 106 4*4 Apr. 90*4 Jan. 86 Aug. 52 Aug. 52 Aug. Jan. 9 Jan. 10 July 31 July 18 July 26 4 80 23 21 94 88 28 39*4 Jan. 42 57 May 28 May 24 42*4 May 28 79 X June 22 30 June 24 37*4 Jan. 12 27 May 10 Aor. 12 22 23 May 29 20*4 Apr. 15 24 X Feb. 27 20*4 Apr. 15 Jan. 9 49*4 Jan. 23 3 49 35 *ug. Jan. 30 May 21 45 Feb. May 22 8X May 21 8*4 May 22 9*4 May 21 May 22 May 22 47 Feb. 5 10 June 40 June 19 June 99 June 121*4 May 120*4 May 90 May 104*4 vug. 104 X Mar. 100*4 May 28*4 June May 105 63*4 Feb. 4 7 20 33*4 Jan. 20 29*4 Jan. 20 30 July 11 July 31 30 30 July 26 53*4 July 16 60 Aug. 8 2 48*4 Feb. June 45X July 31 5 Mar. 12 55*4 Apr. 16 90 Mar. 14 37 July 31 30 30 10 18 30 31 31 45 Jan. 109 7 15 44 69*4 Apr. 79 X May Feb. 103*4 Aug. 12 June IX July 20 June 13 79*4 June 18 38 May 21 38 May 28 33 June 6 39 Mar. 27 82 Apr. 15 Aug. 12 108*4 Aug. 80 50 Sale 17 83 27 X Aug. 27 7 29 Aug. 28M Aug. 28 30 Aug. 20 23 Sale Aug. 21 52X Aug. 10 50 M Aug. 10 31 39 M 18 16*4 Aug. 31 Aug. 31 6 77X Aug. 7 92 Aug. 88 Aug. 27 29 29 M 30 Sale 3 Aug. Aug. 26 Aug. 30 Aug. 15 91X Aug. 9 87M Aug. 7 35 1964 toox May 43 M Aug. 13 43 M Aug. 13 A 31 107 2 103 M Aug. 12 Aug. 108 88 X Jan. Jan. 7 102 Sale 43 5 90 Aug. 12 108 M Aug. 105 X Aug. 2*4 87M 84 M 47 X 47 M 41M 41M 2M 84 108 Aug. 108 M Aug. 104 M Aug. 15 50 85 43 M 39 40 4 103*4 MSy 4 107*4 Jan. 20 May 104X July 100 168 45 X 7 8 Mar. 13 14*4 Apr. May Sale 86 6 10 Aug. 29 Jan. 87*4 Aug. 39*4 Apr. Mar. 2*4 Jan. 5 38*4 Apr. 4 28 69*4 Feb. 13 3 May 21 68*4 Feb. 80 84 X 80 Mar. 13 24 *4 June 50 May 157 O 9 Jan. 23 44*4 Mar. 13 90 A Jan. 99 172 ..... 10 Jan. 5 Mar. 14 P 2 6 H June "6X June 21 25 99 X July 105X Mar. 19 106 X Aug. 12 106 X Aug. 30 100 X Apr. 25 9 six Aug. 39X Apr.- 27 77 X Aug. 22 May 100 May 102 X June 89 May 70 May 29 May 67 : May 78 May 7X June 1 May 6 6 32H Aug. 31 Aug. 13 63 X Aug. 30 66 M Aug. 28 1 108 Aug. 29 8 M June 90 X May 70M Aug. 82 June 5 7 17 104 2 8 61 May May May 5i* 99 6 7 99 M Jsu. 54 July 50X Jan. 3 Feb. 13 Mar. 14 21 10 17 1 11 10 87*4 M S 1950 97 87 M Aug. 87 M Aug. A . May 92*4 J ..2003 1941 105 Aug. 14 106 X Aug. 12 106M Aug. 30 Aug. 29 X Aug. 29 30M 24 61 62 X Aug. 62 M Sale 63 M 64 M Aug. Sale 65 M 66*4 66 107 107X 107 M Aug. 107 M Sale 33 32 10 90 M : 57 X Aug. 14 105 Aug. 26 103 X Aug. 7 92*4 Aug. 21 80 X Aug. 14 32*4-Aug.,13 77 Aug. 16 83 Aug. 2 8X Aug. 13 1M Aug. 5 7*4 Aug. 31 7X Aug. 30 45 Aug. 16 56 M Aug. 16 102 M Aug. 29 101 Aug. 14 70 M Aug. 20 85 Aug. 13 26 Aug. 16 28*4 Aug. 19 1 Aug. 27 52 X Aug. 23 97 Aug. 1 F 5s debsnture 37,000 29,000 Lion Oil Kef conv deb 4 Ms 97,000 f Liquid Carbonic 4 conv debs uittle Miami gen 4s series A 114,666 Loew's Inc s f deb , -s 19,000 Lombard Elec 7s seri sA. ebs 10,000 Lone Star Gas 3*4* a 97 Aug. 13 M Aug. 30 F 7s .. 54 Sale 49 61 102*4 103 -j— Feb 56 90 J stamped :. ---1943 Leh Vail Harbor Term 1st 5s 1954 t*ALeh V (N Y) 1st gu g 4*4»--19 L; * Al M» as?en ed 194U t a Leh Vai (Pa) gen con g 4s 2003 A4s assented 2003 A Gen can- 4 4 2003 a 4 asse d 2003 a Gen co isol is— 2003 a,5sassentel. 62 58* 102 M 101 % 73 X 85 M 28 M 29*4 1*4 54 12 30 60 58% Aug. 5 12 % Aug. 28 6 Apr. 23 70 a 6s 19,000 JLeh Vh 1 Ter Ry Isi gu g 5s assented 26,000 6,000 Lexington A E ust 1st gu > 15 18 *!% Sale 45 47 M July 70"~ J 1964 stamped AFirst A ref sinking fund 5s A5s stamped ASec 6% notes extend to 8 101X 104 106M Aug. 14 45 X Aug. 42 H Aug. 43 M Aug. 16 39 X Aug. 20 104 M 105 105M 105 M 103*4 104 M 105 X 106 X 96 X 94 Sale 97 80 M Sale 81 Sale 48 July 22 June 5 Aug. 15 87 J -—1944 1954 1954 a 5s ' 4",000 stamped 1st A refunding 5s 24 2 5 4 56 70 89*4 O 12,000 Lehigh Coal A Nav4M8ser A—1954 Cons sink fund 4 Ms ser C 1954 40,000 1965 A O 18,000 Lehigh A New Eng RR 4s A 1945 m S 7,000 Lehigh AN i lstgug4s Lehigh Valley Coal— a 8 Aug. 23 3 405€Jan. 56X Jan. 46X Jan. 78K Feb. 27 65 Apr. 5 65*^ Feb. 7 82 A 5s 1937 extended at 3% to 1947 11,000 2d gold 5s 1941 16,000 8,000 Lake Shore & Mich Sou g3 Ms.-1997 Lautaro Nitrate Co Ltd— a 1st mtge Income reg.Dec 31 1975 29,000 1,000 30,000 6,000 3,000 30,000 1,000 26,000 13 103 _ 73 27 31X June 5 40 May 23 28 X May 21 80 4 Ms 5,000 1,000 43,000 145,000 86 105 M 106 ' w w unguaranteed 1961 Kings Co Elec Lt & Pow 6s 1997 Kings Co Lighting 1st ref 5s 1954 1st 8c ref 6M« -.1954 Koppers Co 4sseries A.. 1951 Kresge Foundation 3% notes 1950 Kreuger & Toll class A— a 5s Uniform ctfs of deposit—1959 ALaclede Gas Lt ref ext 5s 1939 Ref & ext mtge 5s 1942 Coll Are. 5*4sseriesC 1953 Col & ref g 5 Ms ser D 1960 Coll tr 6s series A 1942 Collatera' trust 6s series B 1942 Lake Erie & Western RR— 106 25 stpd (par $925) 1943 a With warrants (par $925) —1943 M S 12,000 Keith Corp (B F) 1st ser g 6s. . . . 1946 1987 J J 2,000 Kentucky Central 1st gu 4s Kentucky & Ind Term 1st 4Mb.- 1961 Stamped... 1961 "9~.666 Plain 1961 Ctfs 12M 9% 8 4 10 3 4 3 Aug. —... Sale" 59 48 X Jan. 50 Apr. 45 Feb. 32 M May 23 34 May 22 34 X May 58 56 8 4 Aug. 28 Aug. 7 5 6 Jan. Apr. 30 Jan. 24 Feb. 21 108 M MSy 22 112* Jan. Jan. 86 July 30 87 Aug. 83 May 27 86 May 6 86X May 19 M July -. Karstadt (Rudolph) Inc— A Ctfs w w stpd (par $645)—1943 a Sale Sale 74X Sale 30— Sain.. _33 -*4™-33.*4 -.33.M_.33M 77*4 77*4 72 M 74 " 77*4 78 82 83 89 _90*4 5% 9 16 M Sale Sale 1 1*4 IX Sale IX—8M M4 Sale 7*4 7*4 14 7X 7M Intern Paper conv 5s Int Rys of Cent Amer 1st First lien & ref 6 Ms 45 X 42 M 99 99 „ A ,0 J Aug. 16 18 15M 55 46M Sale 44*4 42 % Sale Sale Sale Prices May 22 37 X June 10 127 50 X 36 X June 10 16X 9 X May 22 41X Aug. 52 Aug. 31 41X Aug. 31 73 Aug. 30 111 Cent & Chic St L 8c N O— 143,000 63,000 Sale Prices 120 110 X Aug. 16 111M Aug. 87 X Aug. Aug. 20 1 90 87 Aug. 5 Aug. 5 87 35 40 Highest 22 29 M Aug. Aug. 19 70 60 63 76 Sale Prices Sale Prices 27 124 X Aug. 29 125X Aug. 44*| Aug. 29 47 M Aug. 83 83 3 Ask 29*4 Sale 124 123*4 45*4 Sale 112 H 1951 1951 1951 g Sale 29 Sale" Louisv Div& Term g3Hs---1953 Omaha Div 1st gs 3s 1951 St Lou Div & Term g 3s. 1951 1,000 Ask Bid Bid 34 Hudson Coal 1st s f 5s series A..1962 J D Hudson County Gas 1st 5s 1949 m N Hudson & Manhat 1st & ref 5s A 1957 F A 1 Lowest Highest Lowest Aug. 31 Aug. 1 1940 5 A. $ 93,000 14,000 2,921,000 241,000 35,000 15,000 6,000 RANGE SINCE JAN. Jan. 2, N. T. STOCK EXCHANGE Value PRICES IN AUGUST Price BONDS August 25 EXCHANGE—BONDS N. Y. STOCK Sept., 1940] 2 10 Aug. 31 17 X Aug. 6 18 18X Aug. 6 18 X Aug. 31 19 X Aug. 7 7 20 X Mar. 27 Jan. 11 Jan. 16 118 104 Apr. 22 3 127*4 Jan. 131*4 Mar. 26 2 101 Feb. 110 Mar. 28 104*4 Mar. 20 Mar. 21 105 73*4 Feb. 29 Feb. 4 110 Feb. 7 67 26 N. Y. STOCK EXCHANGE—BONDS Sales in August BONDS Value N. Y. STOCK EXCHANGE ll" ll 1940 Bid 7,000 142,000 42,000 26,000 18,000 73,000 12,000 Long Island unified 4s. Guar ref gold 4s 1949 M S 1949 M S 1949 M S -.1944 A O . 4s stamped Lorillard (P) Co deb 7s 5s debenture—1951 Louisiana & Ark 1st 5s series A. 1969 Louisville Gas & Elec 3 %s 1966 Lou & Jeff Bridge gu g 4s 1945 _ Louisville & Nashville BE— 126,000 1st & ref 5s series B . 162,000 27,000 114,000 74,000 67,000 7,000 3,000 1st & ref 4 Ms series C 1st & ref 4s ser D 1st & ref 3 %s series E 44,000 115,000 27,000 35,000 53,000 26,000 7,000 A J South Ry joint Monon 4s__ Atl Knox & Cin div g 4s aLower Austrian Hydro-El 6 Ms 91M 126 127 M S 107 M 2003 O O 2003 O 2003 O Sale 89 125M 127M M S .2003 Sale Sale 100 100M 92 % 86 H 81M 102 M 82 M 5 110M 75 M 105 D 76 M 1960 J D Feb 1 1957 MN 52 Sale 40 X Sale Sale Sale X a Manhattan Ry (N Y) con g 4sl990 A O A 2s 4s -.2013 J D Manila El Ry & Lt 1st 5s 1953 M S Manila RR South Lines 1st 4s 42 M 50 J 15 O 68 J A 83 M "'70"" 51X 55 M t Milwaukee & Northern RR— * a 1st ext 4Ms 1939 J D * a Con ext 4 Ms 1939 J D 43,000 X a Mil Spar & N W 1st gu 4s 1947 M S jiMilw & State Line 1st gu 3 Ms 1941 J J iflT.666 jAMinn & St Louis 5s ctfis 1934 MN a 1st & refund 26,000 gold 4s 1949'm S a Ref & ext series 5s A__ 1,000 1962 o 108,000 J*aM StP & S SM 4sstpdguar.1938 J * Alst cons 5s 6,000 1938 J * 53,000 Alst 5s grd as to int A 1st & ref 6s series A 1,000 1,000 4,000 cons 1938 1946 a 25-year g 5Ms 1949 M S 5Ms series B 1978 J J 69,000 1 AMissouri-Illinois RR 5s ser A--1959 154,000 Mo Kan & Tex 1st g 4s 1990 Missouri-Kansas-Texas RR— Prior lien 5s series A 145,000 1962 38,000 40-year 4s series B 1962 Pr lien mtge4MsserD 32,000 -.1978 ACuni adjust 5s series A Jan 1967 14,000 J AMissouri Pacific RR Co— Alst & refund 5s series A 41,000 1965 F A Alst ref Certificates of deposit AGeneral 4s a 78", 606 a 280,000 16,000 67,000 9,000 42,000 61,000 1975 MS 1977 MN 1st & ref 5sseries F Certificates of deposit 1st & ref g 5s ser G a Certificates of deposit Convertible gold 5 Ms a a A a 191",660 a - a * 1978 MN 1949 MN 1980 A O 1st ref gold 5s series H a Certificates of deposit 1st & ref 5s series I 1981 FA Mo Pac 3d 7s ext at 4% July -1938 a JMobile & Ohio RR— a 61,000 29,000 316,000 6,000 313,000 10,000 Montgomery Div 1st 5s 1947 AOertificates of deposit A Refunding & Improv't 4Ms_1977 ACertiiicates of deposit. * A Sec 5% notes .1938 ACertificates of deposit Mohawk & Mai 1st gu g 4s 1991 Monongahela Ry 1st M 4s ser A I960 Monongahela West Penn Pub Serv— 1st mtge 4Ms .I960 g - Gen & ref 5s series B Gen & ref s f 4 Ms ser C 1,000 Mutual Fuel Gas 1st gu 2000 1955 1955 1968 1947 1941 Ms 5s Mutual Union Tel 5s a a A 13,000 22,000 a A "4",066 A 4s warr & rets No 4 60 70 71M 76 62 50 --- 46 90 M 65 Sale 26M Sale 16 Sale Sale 13 Sale 1624 7M Sale 14 % Vs 15M 14M Mfi 28M Sale M S 33M Sale 15M 25 M S 59 MN 105 M O 109 M 106 34 Vs 34 Ys 41 41 Vs 49 109M 110M 111M D 100 Sale 101 J 85 Sale 56 O 51 60 O 51 72 110M 51 D 41M Sale 40 Sale MN 36M 108 M 116M MN 101M M S 77 M 24 M 67 M 102 M Sale 39M 32 H 106 Sale 104 M Sale 24 M Sale 11 73 Sale IX IX Sale 4M 5Vs 2 X 1M 79X Sale Aug. 12 6M IX M 4M 3M 4M Aug. Aug. Aug. Aug. 13 Aug. Aug. 1M Aug. 17 IX Aug. 17 45 2 Aug. 78M Aug. 26 22 Aug. 14 ~ — 15M IX Sale 17 X Sale 15 M 17 X Sale 15 M 17 X 1 Sale 17 Sale 72 70 Sale Sale Sale 41M Sale 53 34 34 Sale Sale 73 26M 34 H 34M 41 41 Sale 48 53 42 11 19 M H % M H A M X 102 M 1M - Sale 90 16 31 94M Feb. 23 55 10 67 22 104 Vs May 73 123 124 33 M 35 60 Sale 15, 37M May 21 15M June 19 8 May 25 43 .Tune 55 1 20 May 21 May 21 1 4 7 X May 21 8 May 23 8M June 10 3X May 14 2 1 9 13 May 21 6 Ws Aug. IX May 24 17 M Aug. 14M Aug. 23 14M Aug. 19 15 Aug. 22 5 Vs Aug. 15 Aug. 15 15 M Aug. 17 M Aug. 12 X May 21 12 X May 21 12X May 28 21 H May 17 12X June 11 12 M May 21 12X May 22 12% June 11 17 12 X May Aug. Aug. 14M Aug. 16 14 Aug. 21 7 Aug. 24 Aug. 31 M Aug. 13 17 31M Aug. 15 2 40M Aug. 37 M Aug. 17 48 Aug. 14 17 15 72 Aug. Aug. Aug. 60 June 22 15 May Jan. 20 16X Apr. 8 2 1914 Jan. 15*4 Jan. 16% Jan. 2 4 2 814 Jan. 4 21 X Apr. 4 20X Mar. 28 4 Jan. 21 Vs Apr. 21 X Apr. 21 X Apr. 21% Apr. 2 X Jan. 21 X Apr. 4 20% Mar. 28 21^ Apr. 4 2114 Apr. 3 79 May 1 June 25% Apr. 25 X July 34 X July 34 X Aug. 41M Aug. 41M Aug. 25 49 48 May May May Aug. Aug. 103 Juno 7 Mar. 59X Feb. 28 Aug. 7 32 X Mar. 20 84 20 X May 20 May 24 7 8 X Apr. 4 2% Jan. 4 2 X Apr. 24 7 Apr. 4 6 X Mar. 7 7 X Apr. 8 2% Apr. 16 25M Aug. 34X Aug. 20 15 8 52 May 24 IX May 17 Vs June 7 Aug. Mar. 14 32 3 H , 16 1 30 4H June 5 IX June 13 X Aug. 1 3 X May 23 3 H June 11 2 15M Aug. 9 21 7M May 27 M Mar. 28 ISM Janr 17 97 12 X June 1M Aug. 14 M Aug. 22 Apr. 4 82 Aug. 22 81M Aug. 28 5 31 31 34X July 31 41% Apr. 8 Aug. 1 ilH 107 Mar. Jan. 8 25 105 May 27 110^ Feb. 17 May 22 112 14 Apr. 13 95% May 22 10414 May lay 9 71 Vs May 29 86 Jan. 17 9 55X Jan. 8 5614 Jan. 103 , 56 65 42 M 39 M 34 108 X 60 43 Sale Sale 109 66 102 M 106M 104M IX Vs Sale 56 X Mar. 15 39 M Aug. 37 Aug. 5614 June 7 47X 44% May 21 24% May 22 39 104 X May 24 109 X 6 120 U2X June 100 X July 15 10154 42M Aug. 39M Aug. 34 Aug. 30M Aug. 108 X Aug. 115M Aug. Sale Sale 64 3%X 27 109 Aug. 115M Aug. Aug. 27 66M Aug. 12 106 Aug. 13 107 Aug. 103M Aug. 5 104M Aug. M M X M 5 6H Vs M M 54 M 103 X 103M 105 103M 103X 68 Apr. 23 .Tune 21 112M Jan. 90 Feb. - June 24 1 79 — M 46 86 X July 12 53 Apr. 26 64 June 19 Mar. 15 Jan. 11 Jan. 10 Jan. 4 Apr. 18 Feb. 6 Jan. 3 70 X Jan. 25 102 May 18 102*4 May 3 103 X May 21 107 Vs Feb. 14 9914 May 24 106% Apr. 8 — M M Vs M M June 18 1 1957 1977 1977 & rets No 5 on 1977 on Jan. 2 Mar. 27 83 Mar. 20 52M Jan. 4 60 June 17 63 July 8 100 X May 28 105M Aug. 29 17 17 100M Sale Sale 64 X Jan. 30 110 108 M 66 19 66 30 tl% Sale 19 1 110M 109M Aug. 8 110M Aug, lllM 111M 112M 110M Aug. 26 112 9 Aug. Sale 101M 101X 101 101 Vs Aug, 30 Aug. 69 X 60 56 50 40 Vs Sale 21 1 ----- 15M 25M 25M Feb. 15M Aprl 23 ----- 114 u 114M 1 Aug. 1M Aug. M Aug. 5M Aug. 4M Aug. 5M Aug. 1M Aug. IX Aug. 45 Aug. 84 Aug. 26M Aug. 16M Aug. 30 108 X 102M 106M 104M 7 14M Aug. 20 17 9 29 107 27 M Aug. 22 76 May 21 May 21 7 16 M 113 X 65 11M Aug. Sale 15M May May July May 9M Jan. 10M Aug. 19 4M Aug. 26 Sale 83 18 39 65 6 67 Aug. Aug. 102M Aug. 17 103X Aug. 20M Aug. 22 20M Aug. Sale 5M 16M 73 M Jan. 104 M July 35M July 1 5M May 22 X Mar. 28 Aug. 13X Aug. 14Vs Aug. 4M Aug. 16M 26 30 12 13 22 109 13 Vs Aug, 23 11 Aug. 16 101M Sale Aug. Aug. Sale Sale 11M 14 M 4M 5 65 68 Sale 65 14 Vs 12 X Sale Sale Jan. July 102 X Aug. 5 104M Aug. 31 81 May 22 101 Apr. 2 70 81 Jan July 11 12 39 May 27 55M Jan. 19 66A 96 50 56 O D 5M 4M 5M 1M IX 79 O J 1M 1 8 17 Aug. Aug. Aug. Aug. 15X May 18 82 Aug. 22 HIM Aug. 28 75 Aug. 22 111 48 Aug. 105M 106M 105M 106M 110 MN 80 Sale Sale 7 9 Aug. June 10 95 78 May 29 88 72 M June 11 84 X 103 M Aug. 24 104 104 M Aug. 27 106 Vs 101 May 29 105 X 78 June 10 82 X 112 Feb. 2 112 X 15M Apr. 55 11 h 15 1M Sale M Sale 4M 5M 4H 3h 5M Sale 2Vs 1M 1M 1M 48 M 40 15M 14M 13 22 20 105M Aug. 29 110M Aug. 45 22 55 7 14 % 59X 90 M I-.... 20 6 24M MN 28 73 Sale" 12 8 103M Sale 10 "14M 83 30 16 — 63 16 M 14 M 50 6M Vs X 66 M 96 Sale O 46 8 14M 1 Vs 30 30 62 hum ~TT: rroM 23 h 12 h Sale 81 3 Aug. 80M Aug. 29 7 66M Aug. 105% 105M Aug. 4M 24 104 Aug. 27 106M 9 105 24 Aug. Aug. 16 8024 105 M 105 M 105 16 84M 19M 88 8M 9424 88 7 103 88 Vs 13 81M 11H Sale 85 H 40 80 43 14 14 % 29 81 19 14 24 14% 13*4 324 14 24 1324 14 M 13 24 2M 14 M 13 24 14% 1324 16 16 8 June 14 111M Mar. 92 M June 5 10424 Aug. 31 102M Aug. 93 Aug. 15 96M Aug. 3 73 1 75 Aug. Aug. 17 Sale 2 48% Aug. 52 Aug. 28 Sale 27% Aug. 22 33 M Aug. 3 88 M 85 M Aug. 15 2 86M Aug. 50 5 48M Aug. 50 Aug. 24 66M 77 120M May May 75 May 106 June Sale 82 Sale 73 8 95 X May 9 95 X May 9 31 126 Vs Jan. 24 23 129M Mar. 25 86 X Apr. 28 4 17 110 Jan. 2 120 Sale 81 22 M a Assent warr Nat RR of Mex prior lien 4 Ms— * a Assent warr & rets No 4 on. 1926 A O a 48 April 1914 coupon on 1951 A O A 4s April 1914 1,000 coupon off 1951 A O a Assent warr & rets No 4 on 1951 A 1,000 O 89,000 National Steel 1st M 3s 1995 A O 52,000 Nat Supply 1st mtge 3 Ms 1954 J D ti Naugatuck RR 1st g 4s 1954 MN Newark Consol Gas 5s 1948 J D t a New England RR cons 5s guar 1945 J J a Cons guar 4s 7,000 1945 J J 31M "80"" 13 19M 20 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Jan. 10 85 X June 5 87 May 29 108 28 103 Sale Prices 94 X May 1 89 Sale 75 2924 April 1914 coupon on 4s April 1914 coupon off For footnotes, see page 30. 47 Vs 75 Sale 4Ms Jan 1914 coupon on_1957 4Ms July 1914 coupon on_1957 4Ms July 1914 coupon off. 1957 Assent 48 M 70 45,000 Nashville Chat & St L 1st 4s A. .1978 F A National Acme 4Ms extended.__ 1946 J D 249",000 National Dairy Prod deb 3 Ms ww '51 MN Nat Distillers Products 97,000 3Ms 1949 National Rys of Mexico— 48 X 103M Sale 12M 524 6M 124 Sale 2 24 6M Sale 514 524 6M 6M 2 Vs 3 1M Sale 50 M 55 63 M 64 66 1955 1955 1955 Gen & ref s f 5s ser D_ 99,000 Morris & Essex 1st gu 3 Ms Constr M 5s ser A 44,000 Constr M4MsserB 166,000 10,000 Mountain States T & T 3 85 % 14- 74 27 15 30 M A 52 34 M 86 M 59 % Sale 49 F 48,000 6s debentures 43,000 1965 166,000 Montana Power 1st & ref 324s._1966 Mont Tram 1st & ref 5s series A.1941 General & refunding 5s A 1955 74 % X Sale 91M 65 M 101M 9M y~j M 104 H 94 M Sale 16 M 14M 70 Certificates of deposit Sale Sale Sale 6 88 17 29 30 21 13 29 5 1 Highest Sale Prices Aug. Aug. Aug. Aug. Aug. Aug. Aug. 110M 86 86M - 101M 10024 Sale 92h 89% 86 84 82M Sale 103 M Sale 104M 107 105M 82 80M Lowest 83 82 M 80 1 Aug. 82M Aug. 28 105 M 106 X 106M Aug. 20 106 X Aug. 20 12 Sale 49 32 S D 80 105 Vs 80 X 85 85 X -24,000 Metropolitan Edison 4Ms ser D_ 19681 M S TT12 ~ 15,000 Met Water, Sewer & Drain 5Ms. 1950 A. O *82 *X AMet West Side Elev (Chic) 4s 1938 F A 6% a Mex Internat 1st 4s asstd 1977 M »S Vs a Miag Mill Mach 1st s f g 7s 1956 J D 13 Michigan ~ ~ 7 1940{ j 83 M 104M 103 H 95 M 73 86 1959 M N Jack L & 8 gold 3Ms -----19511M S 1st gold 3 Ms 19521MN Ref & Imp 4 Ms series C 20,000 1979^7 J 174,000 Michigan Consol Gas 1st M 4s__1903|M 5 5,000 J* a Midland of N J 1st ext 5s 94 88 Sale 106 Sale 94 M 94 M 87 80M 11014 78 78 M - X AMan G B & NW 1st gu 3 Ms.-1941 J 5,000 Marion Steam Shovel s r g 6s .1947 A 4,000 Stamped 9,000 *AMarket Street Ry 1st 7s-Apr 1940 Q (Stpd mod) 5% ext to 1945 Q ll",660 Mead Corp 1st mtge 4Ms 1955 M 12,000 4,000 105 McCrory Stores Corp deb 3 Ms. .1955 A O X AMcKesson & Bobbins deb b Msl95U AfN Gen mtge 4Ms series A Manati Sugar 4s s f Aug. Aug. Aug. Aug. Aug. 85 83 H 77 M 106M Sate Prices 101M 101M 101 Sale Sale 83 - Sale Prices 91 Vs Aug. 95 Aug. Aug. 94M Aug. 12324 Aug. 125M Aug. 12 8324 Aug. 16 109M 94 Sale Highest 91M 91 Vs 95. 92 M 91M 122 123 123 % 123 Vs 122M 125 M 125M 124M 125M 125 83 Sale 84 83 Vs 81M 108M 109M 109 M 10924 108M 112 109 112 109 J S Ask Ask Bid 91M Sale 92 M 91M 92 M 91X 103 M 106 1952 J J 1955 M N -1944 F A Maine Central RR 4s series A___1945 J Bid J A RANGE SINCE JAN. Lowest Aug. 31 Aug. 1 Ask 89 88 M 87 X 83 110 Unif mtge ext 3 Ms series A—1950 Unif mtge ext 4s series B 1960 Paducah & Mem Div 4s 1946 St Louis Div 2d gold 3s 1980 M Mob & Montg 1st g 4 Ms 1945 M ib",006 3,000 F J PRICES IN AUGUST Price Jan. 2, 60 120M 37 X 37 X 104 62 M Aug. M Aug. 7 1 Vs Aug. X Aug. M Aug. 7 Aug. 7 1M M Aug.«, 9 X Aug. X h Aug. 30 M Aug. Sale 103M Aug. 3 105M Aug. 104M 103M Aug. 3 104M Aug. 120M 124 43 40 36 36 44 X 37 M Aug. 22 38X Aug. 13 Apr. 30 % Apr. 26 X July 31 X Aug. 7 X Apr. 22 Vs Apr. 29 102 Jan. Apr. Aug. Feb. May May 63 119 June X Vs X X 100% 36 38 Apr. 30 X Aug. 7 14 Jan. 3 June Jan. 25 30 9 Apr. 26 lVs May 8 Vs Apr. 30 Vs June 12 X June 29 15 105 X Apr. 9 23 14 10514 71 May 8 Jan. 11 7 124 X Jan. 4 43% Apr. 31 19 3114 May 24 43% May 13 7 Sales in Value Jan. 2, 1940 n. y. stock exchange S 14,000 New England T & T 30-yr 5s A.195 2 J D 8,000 1st g 4%s series B 1961 MN 14",666 5,000 27,000 36,000 66,000 27,000 8,000 6,000 25,000 N J Junction RR gu 1st 4s N J Pow & Light 1st 4%s 1986 I960 F 430,000 347.000 129M "70" 69 74 M 56 52 M 105M 106 New OrleansP S 1st & ref 5s A__1952 _ New York Central RR— Ask 127 125 % 107% Sale New Orleans Great Nor 5s ser A .1983 N O & N'eastern ref 4%s ser A.1952 1st & ref 5s series B New Orleans Term 1st 4s guar. Aug. 1 Bid A 1955 1953 J*aN O Tex & Mex income 5s__1935 ^Certificates of deposit iFirst 5s series B 1954 A O ACertificates of deposit Alst mtge gold 5s series C 1956 F A ACertificates of deposit 3,000 Alst 4%s series D__ 1956 F A ACertificates of deposit 19,000 Alst 5%s series A 1954 A O 11,000 ACertificates of deposit Npt & Cin B gen gu g 4%s 1945 215,000 154,000 1,064,000 PRICES IN AUGUST Price BONDS August 1998 F 10-year 3%s secured s f__ Ref & impt 4%s series A. Ref & impt 5s series C 1946/4 O 2013 A O 2013 A O 1952 MN Conv secured 3 %s_ A J 150,000 N YC & H R gmtge3Ks~—-1997 J J 124,000 Debenture 4s of 1912 1942 J 58,000 Lake Shore coll g 3%s 1998 F A F A 19,000 Mich Cent coll g 3%s 1998 New York Chicago & St Louis— 212,000 Refunding 5%s series A -1974 A O 641,000 Refunding 4%s series C 1978 M S 138,000 4s collateral trust_ 1946 F A 14,000 1st mtge 3 %s extended to 1947 A O 623,000 3-year 6% notes _- — --1941 A O 417000 N Y Connecting 1st gu 4%s A,-1953 F A 1st gtd 5s series B 4,0001 1953 [F A 48,000 N Y Dock 1st gold 4s_ — -1951 F A 7,000 Convertible 5% notes 1947 A O 54,000 N Y Edison 3 %s series D .1965 A O 44,000 1st lien & ref 3 %s series E___1966 A O N Y & Erie—See Erie RR. ' 1 lQ-,000 N Y Gas El Lt lit & Pow 5s 1948 J. -ZD 39,000 Purchase money coll tr g 4s__1949 F A _ _ Ask Bid 127 Sale 126M 125 Sale 126 60 70 59 Sale 61M 106 106% 106M 68 M 69 72M 58 28 37 31 32 30 35% Sale 30 40 30 32 M Sale 29% 38 32 30"~ 104 37% 40 61 Sale 74 M 55 Sale 78M 79M Sale 59 Sale 65 Sale 57 M Sale 81 Sale 58 M 81M 83 M 77.. _ 105M 107 49 % Sale Sale 109 Sale 109 Sale 80 M 92 61M 56 M 65 M 56 JMSdSalfl52 32 59 57 Sale 86 VV. 34 17M 58 M 81 % 53 M Sale 60M Sale 61 33 107 Highest Lowest Sale Prices Sale Prices Sale Prices Sale Prices May 15 126M Aug. 19 127 H Aug. 12 122 Aug. 1 125M Aug. 15 122 M June 11 60 M July 15 70 107 106 ~ Aug. 106M Aug. 2 105 M Mar. 64 M June 20 71 70 68 Aug. 30 Aug. 45 60 59 Aug. 1 May 23 57M Aug. 105 105 104 Aug. 6 102 M Jan. 11 Aug. 105 105 M 103M Aug. Aug. 5 101M May 28 Sale 55 June 12 62 5 64*M Aug. Aug. 21 31 31 30M Aug. Aug. 9 May 21 25 Jan. 3 30 29M Aug. 30 29M Aug. 23 32 30 Aug. 31M Aug. 2 May 24 24 33 May 24 28 M June 18 35 35 Aug. 2 32 Aug. 2 33 M 36 17% 34 33 Aug. 29M Aug. 6 3 35 33 Aug. 29 Aug. 30 59 M Sale 82 Sale Sale Sale 54 M 60 Sale Sale Sale 60 Sale 92 M Sale Sale 81 93 M 59M 54 Sale Sale 67 M 57 M 68 Sale Sale 54M Aug. 19 Aug. 16 48M Aug. 19 54M Aug. 16 54M Aug. 16 59M Aug. 31 82 M Aug. 9 54 M Aug. 31 60 Aug. 31 60 Aug. 31 Sale 79 81 Sale Sale 91 81 Aug. 9 Aug. 15 57M Aug. 16 51M Aug. 13 62M Sale 51M 84 M Sale 84 % Sale 82M 89 M 88 M 90 M 88 M 90 Sale 80 M Sale_ 78 M IQTTM~~SaIe~ imc imi 106 M 108 107 108 107 H Sale 48 48 55M 47M 47 M 47 M 54 54 47M Sale 108 108 M 108 M 108 108 M 109M Sale. 109M Sale Aug. Aug. Aug. Aug. Aug. Aug, Aug. 14 Aug. 16 Aug. 71 1 Aug. Aug. 20 Aug. 30 93M Aug. 30 62M Aug. 7 57 Aug. 2 67M Aug. 30 57M Aug. 30 2 85 Aug. 89M Aug. 13 3 -82 Aug, 107M-Aug. 21 108 M Aug. 23 1 48M Aug. 48M Aug. 12 109 M Aug. 30 1 109M Aug. 109 30 60 23 Aug. 1 15 Jan. 78 % Feb. 105% July 106% Jan. 7l% Feb. 33 30 Mar. Jan. 27 May 21 40 25 June 18 38% Apr. June 20 111 Sale 82% 10 3 23 M May 23 Feb. 1 29 107 128% Jan, 128% Apr. 60% July 39% Apr. 37% Mar. 19 37% Mar. 18 37 Apr. 8 36% Mar. 14 32% Apr. 13 26 32 32 1 Highest 125 38 40 107 Ask RANGE SINCE JAN. Lowest Aug. 31 105 104M 105% 104M 63 M 63 64M 30 34M 29% 20 30 29M „ Consol 4s series A Bid i 104 105% Sale 67 68 M 29 M 34 M 27 EXCHANGE—BONDS N. Y. 8T00K Sept., 1940] Jan. 44 M May 28 74 May May 43 May 42 M May 23 21 21 21 68 M May 85 June 28 38 Mar. 14 15 31 111% Apr. 25 3 53 M June 18 48M June 19 62% Apr. 5 83 July 30 56% Jan. 3 62% Jan. 4 63% Jan. 2 81 Aug. 30 95 Apr. 6 62% Aug. 7 60 Jan. 30 68% Apr. 59% Jan. 86% May 45M May May W473 May 80 M June 66 May 101 May 104 M June 46M June 46 May 104 M May 105 May ~ 8 3 90 July 3 19 86 Jan. 25 107% Apr.T2~ 31 108% Jan . 56% Apr. 25 57% Apr. 25 110 Apr. 4 110% Apr. 30 _ 8,000 *aN Y & Greenwood Lake 5s__1946 MN N Y & Harlem g3%s. 2000 MN N Y Lack & Western 4s ser A._ 1973 MN 5,000 Guar 4%s series B_ 1973 MN aNYLE&W Coal & RR 5%s.l942 MN J ""2.660 ADock & impt 1st 5s 1943 N Y & Long Branch gen 4s 1941 M 5 t* aN Y & N Eng (Bost Term) 4sl939 A O i aN Y New Haven & Hartford— ANon-conv debenture 4s 1947 M S ANon-conv debenture 3 %s. -1947 A O ANon-conv debenture 3 %s 1954 A O J 54,000 ANon-conv debenture 4s 1955 J 10,000 ANon-conv debenture 4s 1956 MN J 9,000 AConvertible debenture 3 %s_ 1956 J 152,000 AConvertible debenture 6s 1948 J J 23,000 ♦iCollateral trust 6s 1940 A O 3,000 ADebenture 4s 1957 MN 117,000 Alst & ref 4 %s ser of 1927 1967 J D 12,000 t AHarlem R & Pt Ches 1st 4s. 1954 MN 70,000 J aN Y Ont & West 1st g 4s 1992 M S 1.000 AGeneral 4s 1955 J D t AN Y Prov & Boston gen 4s___1942 A O 2V.666 N Y & Putnam 1st con guar 4s__1993 A O 5,000 N Y & Queens El Lt & Pr3%s_-1965 MN New York Railways Corp— 3,000 Prior lien 6s stamped 1958 J 3 7,000 N Y & Rich Gas 1st 6s A 1951 MN 16,665 - _ 96,000 New York Steam Corp 3 Ms 1963 J 21,000 1*aN Y Susq& West 1st ref g 5s .1937 J * 2,000 ASecond gold 4 Ms 1937 F * ~ 1940 1943 1967 1946 AGeneral gold 5s. 8,066 ATcrminal 1st gold 5s 9,000 N Y Tel ref 3 Ms series N Y ~2~660 31,000 12,000 16,000 17,000 46,000 58,000 6s B Trap Rock 1st s f g 6s J J J D J J M S A O MN F A 1959 Debenture 4s North Cent gen & ref 5s ser 1,000 Gen & ref 4Ms series A 16 15 15 F A A__1974 M S 1974 M 8 60 53M Aug. 57 Aug. 54M Aug. 3 57 Aug. 16 65 88 Sale 60 86 78 72 25 M 99% 99 H 101 16 % 5% Sale 18M Sale 62 Sale 3M 78 "54"' 109% 15 50 58 12% 75 H 60 M 2M 12M 15 98 M 102 12M Aug. 17 98% 102 60 \rA Sale 106% 108 M 104M 106 Sale 9M 6M 5 % 9 42 38 M 110 110% 86 80M 88 M 12M 16 12 H 15M 15M 68 14M 14 18 29 M 4M 1H 78 M 15 Sale 30 Sale 68 Sale 3 4M 2 106% 2 80M Aug. 2 Sale 5 Sale 7 14M Aug. 14M Aug. 10 6 13 Aug. 1 18 Aug. 5 30 Aug. 1 3M Aug. 1 17M Aug. 68 Aug. 31 5H Aug. 22 13M Aug. 13M Aug. 12M Aug. 16 Aug. 27 Aug. 3M Aug. 15M Aug. Aug. 4M Aug. 2 Aug. 65 2 Aug. 31 80 49 49 M 49 50 M 49M 109 109 110 109M 110 Aug. Aug. 50 H Aug. 30 6 109M Aug. 108 M 105M 108M 105 Aug. 105M Aug. 30 104M Aug. 23 105 103 M 105M 105M 105M 104M Aug. 105 M 18 P 52 M Sale Sale 8M 9^1 Sale 110M 75 106M 106M 105Vs Aug. 18 4M 7 52 110M "93"' 80 112M 57 122 M 106 80M Aug. 72 3M 17M Sale 16 14M 105M 117 103 % 103 M 12 M Sale 90 Aug. 16 ----- 105 15 8H June 17 97 May 21 100 43% June 7 60 50 July 1 64 80 Apr. 15 80 65 80% Feb. 26 71 Jan. 30 72% Aug. 16 Apr. 25 Jan. 8 Feb. 23 Apr. 15 Aug. 2 Mar. 8 ----- 65 14 M 105% Sale 106% Sale 4% 109M 110M 108 M 109 M 52 14M 13M 14 13M 15 13M 13 M 15 15 13M 13 X 15 17 M Sale 27 H Sale 3M 4M 16M Sale 12H 81H 89 M 82M 4 3M 3M 109 M 109M Sale 108 M 109 109 102 M 103 M 102 11M 12M Sale 12 13 11M 70 M 68 M 74 M 123 124 123M 106 H 106M 106 M 105 M 105M Sale 106M 108M 106M 83 M 4 % M Aug. 29 120% May 29 126% Jan. 23 1 J24M 115ii Aug. 12'i116M 1 ™ Aug. 8 113% JuneTT 118% Feb. 19 123 M.Aug. 53 M 57 25 17 M 15M 20 15 M 15% Sale 19M Sale 32 M Sale 5M Sale- 123% 116 M Sale Sale 75 75 Sale 25.000 *t ANorfolk & South 1st g 5s 1941 MN 79,000 Norfolk & West Ry 1st con g 4s _ 1996 A O 1949 F A 51,000 North Amer Co deb 3Ms28,000 Debenture 3 Ms 1954 F A 73,000 75M 5M ---.1946 stamped. :*aN Y Westches & Bos 1st 4Ms 1946 Niagara Falls Power 3Ms—___1966 Niag Lock & Ont Pow 1st 5s A__1955 Niagara Share (Mo) deb 5%s 1950 ANorfolk South 1st & ref 5s A-1961 ACertificates of deposit 63 116% 64 M 61 9 F - 11% 13 M 100M 102 53 M Sale 62 M 65 105 MN 123 M 125 %. .Sale 117 M Sale 9M 9M 54 Sale 18 Aug. 20 19% 19% 20% 20% 72 43 Mar. 107 May 85 52 115M 119M 107M 109M 107 Aug. 5 107 Aug. 5 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 9 6 1 15 23 1 3 3 31 12 28 8 Jan. 110% May 9 8 May 21 108% Jan. 23 9 100% May 23 106% May 105 107% Apr. May 8 Jan. 30 Mar. 14 5% Jan. 5% Jan. 39% Jan. 106 May 12 Mar. 8 14 Mar. 14 62% Mar. 14 5 111% Apr. Jan. 9 82M 4 3M Aug. 3 Sale 109 H Aug. 16 109M 108 M Aug. 6 109 103M 102 Aug. 9 103. 12 M 12M 10M Aug. 14 13 10M Aug. 19 12 70 66M Aug. 16 71 Sale 122 Aug. 7 123 M Sale 105M Aug. 22 106M 105M 104M Aug. 7 105M 106M 105M Aug. 26 107 82 M Aug. 4M Apr. 5 Apr. 6 Apr. 13 Apr. 8 Apr. 8 Apr. 6 Apr. 8 Apr. 13 Apr. 16 Apr. 8 May 6 8% Mar. 15 4% Mar. 14 May 16 slH 90 85 20 24% 36% 6% 23% ii* 9 52M Aug. 110M Aug. Aug. 110M Aug. May Mar. 101 1 106M Aug. 18 Aug. 1 7M Aug. 7M Aug. 15 50 11 15 11H May May 10 May 10 May 12% May 19% June May May 58 May 3 May May May 90 Mar. 9 Apr. 22 8 6% Jan. 92 78 May 3% May 107% May 107 May 96% June 8 May 7% May 54 % Jan. 117% June 102% May 101 May 102% May 112 Feb. 7 109 Jan. 20 104% 18% 17% 79 126% 107% 106% 108% May Apr. Apr. Apr. May Apr. May May 6 27 27 27 16 8 2 2 Jan. 29 29 114 114 Jan. 5 107 May 18 108% May 10 Aug. 13 45 Aug. ^Northern Ohio Ry— 5,000 Alst gtd g 5s Alst mtge g 5s (stamped lation of guarantee) 1945 cancel¬ A O 1945 A O 57 ----- ACertificates of deposit 462,000 Northern Pacific prior lien 4s__1997 Gen & lien ry & Id gt 3s. Jan 2047 232,000 Ref & impt 4 Ms series A 152,000 2047 Ref & impt 6s series B__ 1,350,000 2047 Ref & impt 5s series C 105,000 2047 Ref & impt 5s series D 110,000 2047 J 1967 F 89,000 Northern States Power 3 Ms A 5,000 N'western Tel eg 4 Ms extended .1944 J J 109 M 95 4sl948 J J 7M M S M N 108 M M S J J 108 » _ 20,000 t AOgden & Lake Ch 1st guar g Ohio Connecting Ry 1st 4s 82", 000 Ohio Edison 1st mtge 4s 1st mtge 4s 22,000 1st mtge 3 Ms 71,000 12,000 Oklahoma Gas & Elec 3 Ms 4s debentures 3,000 38,000 Ontario Power N F 1st 5s 1,000 Ontario Transmission 1st 5s 1943 1965 1967 1972 1966 1946 1943 J 68 M 42 Sale 46 M 57 % Sale Sale Sale 49 Sale 49 Sale Sale 90 9M Sale Sale Sale 106M 106% J J D D 110 106 Sale F A 107.9 108 1945 MN Oregon RR & Nav con g 4s 1946 Oregon Short Line 1st con g 5s__1946 1st guar cons 5s stamped 1946 Ore-Wash RR*& Nav 1st & ref 4s 1961 Otis Steel 1st mtge 4Ms A 1962 62 35M 35 M 49 67M Sale 43 M Sale 48 H Sale 60 H Sale 53 M Sale 53 M Sale 108M Sale Sale 105M 117M 110% Sale 6M Sale 108 M 107M Sale 109 109M 108 M 109 109M 110 J J 105 M J J 76 % Sale 67 70 1946 J 6,000 Pacific Coast Co 1st g 5s 1964 J 75,000 Pacific Gas & El 4s series G 1st & ref mtge 3 Ms series h__ 1961 J 131,000 1st & ref mtge 3 Ms series I —196617 56,000 D 59 Sale 57 60 D 113 Sale D 112% Sale 108 M 109 M For footnotes see page 30. D 117 118 % Sale 63 M 6S 61 64 Sale Sale Sale 54 H 55 108M 6 Sale ----- 6M 65 Aug. 42M Aug. 46 Aug. 58 M Aug. 50M Aug. 50 M Aug. 108M Aug. 95 Aug. 6 Aug. 23 68% Aug. 44% Aug. 50 Aug. 63% Aug. 54% Aug. 54% Aug. 109% Aug. 95 Aug. 6% Aug. 1 108 M 107M 109 69 Sale 107 110 109 103M 105% Aug. 94 Aug. Aug. Aug. 109M 109 109 108% Aug. 100 «Aug. 97 Aug. 110M 110% Aug. 116% Aug. ll7M 116% Aug. Sale 104% Aug. 69 H 68 Aug. 14 107% Aug. 109% Aug. 28 109% Aug. 15 110 Aug. 30 105% Aug. 13 100% Aug. 30 97 Aug. 26 110% Aug. 21 117% Aug. 26 117% Aug. 13 2 106 Aug. 6 70 Aug. 57 70 57% Aug. 13 57% Aug. 13 9 112M 112M 112% Aug. Sale 1 113% Aug. 111 Aug. 2 111% Aug. 12 111M 111M Sale 109 M Sale 110 110M 109% Aug. 3 110% Aug. 14 112M 111 Mar. 1 Apr. June May May 45 May 40% May 40 May 105% May 95 May 29 40% 59% 31% 33% 49 Sale Sale 54M 108M 109M 105 106 105M 100M 95M Sale 95 M 100 97 M 110M 110M 110M 116 117 117M 115 116M 105 % i06M 105 M D J J 116 35 68 M 44 M 50 90 J J J 15,000 14,000 13,000 104,000 38,000 64 64 Aug. 13 35 10 21 21 21 23 21 28 8 3% May 23 107% July 24 105 May 15 104% May 21 101% May 28 107% May 17 103 May 11 40% Apr. 70 May 44% Aug. 50 Aug. 63% Aug. 56 July 56% July 110% May 95 May 29 9 31 31 31 8 8 9 8 8% Jan. 23 2 108% Jan. 5 109% Jan. 110 Apr. 3 110 May 2 110% Jan. 11 107 Feb. 9 17 108% Jan. 11 9 105% Feb. 2 July 108 May 24 111% Mar. 4 112% June 10 118% Mar. 26 Mar. 18 113 May 28 119 104 5 May 23 107% Apr. Feb. 5 68 May 24 77 90 June 93 53 May 109% May 108 May 105% May 31 60% Jan. 27 28 113% June 24 22 112% Jan. 10 7 28 110% May 28 n. y. stock Sales in bonds Value N. Y. STOCK EXCHANGE Jan. 2, 1940 Bid ♦ _ 1938 1938 1966 1966 1955 1952 ^Pacific RR of Mo 1st ext 4s. *i2d extended gold 5s 36,000 Pacific Tel Sc Tel 8 34s series B. Ref mtge 814* series O 5,000 1,000 Paducah & Illinois 1st s f 4 Ms. 20,000 Panhandle Eastern Pipe L 4s A Paramount Broadway Corp—1st mtge s f g 3s loan ctfs 11,000 1955 F A 3 J Ask 80 80 75 68 Aug. 1 Bid 79 58% 108% 10934 103% | Ask Bid Sale O D J J F A 4834 50 45% 50 46 M S 8334 4134 8434 44 84% 86 37 41 88% 40% 10134 MS 10434 105 104 Ask 75 60% 75 108% 10934 110 11134 111% 111 101% 10434 10434 104 J 10934 11034 Lowest Aug. 31 A 109 110 RANGE SINCE JAN. PRICES IN AUGUST Price August 10,000 exchange-bonds ----- Sale Lowest Highest Sale Prices 80 Aug. 2 Sale Prices 7834 Aug. Sate Prices 71 June 10 74 Mar. 8| Sale Prices 85 May 6 75 Jan. 24 110% Aug. 28 10334 May 21 110% 108% Aug. 111% Aug. 28 104% May 21 112 109% Aug. 103% 103% Aug. 22 103% Aug. 22 102% Apr. 12 105 104 Aug. 3 10431 Aug. 15 10334 Jan 5 46 Aug. 5 40 85% Aug. 40% Aug. 20 89 42 Aug. 27 Aug. 14 76 36 121 60 60 Aug. 28 60 46 Aug. 1 Highest May 4 Apr. 19 Aug. 22 Apr. 15 June 11 5134 May June 90% Apr. 22 47 Apr. 2 1 Paramount Pictures Inc— 42,000 3 lis conv debenture ... .1947 6,000 Parmelee Trans conv deb 6s—. .1944 Paterson 6c Passaic G 6c E 5s.. .1949 "l",006 iPaulista Ry 1st Sc ref 7s ser A.. .1942 Pennsylvania Co— AO M S MS 124 125 A D D m S 10234 10434 10534 106 10434 104% 103 Sale 94 9834 Con 434s series I g ..... 9,000 Con 434s series J guar 2,000 Gen guar 5s series A 54,000 General g 5s series B 52,000 General 434s series O 140,000 — 12,000 Pitts Va & Char 1st guar 4s.__. Pitts 6c West Va 1st 434# ser A. 34,000 1st mtge 434s series B—.... 47,000 1st mtge 434s series C ... 104,000 Pitts Y Sc Asn 1st gen 4s ser A.. 1st gen 5s series B 1st gen 5s series C 1st 434 s series D O 1940 A O 1942 A O 9734 Sale 53 .:... 60 Aug. 28 94 108% Sale 108 Sale 107 Sale 109 1C934 11334 11434 113 34 Sale 8834 Sale 110 Sale Sale 8734 Sale 9634 Sale 9534 Sale 85% Sale 11534 Sale 115 11634 6934 Sale 934 11034 Sale Sale Sale 5934 11034 10934 11034 Sale 110 115 106 % 107 Sale Sale 1234 734 11034 98 10234 10334 10734 109 10834 10934 . June 13 May 23 126 Aug. 28 72 Sale 89% 98% 9834 99 101 10834 10934 108 107 107% 107% 1073 112% 113% 112 11234 113% 11234 90 Sale 88% 11734 Sale 117% Aug. Aug. Aug. Aug. Aug. Aug. Aug. 104 Sale 102 Aug. Aug. 108% 10834 108 90 Sale Augt 96 Aug. 97% Sale 96% Aug. 9734 98 ..... Sale Sale Sale 85 Sale 83% Aug^ 8534 Sale 112 114" 113—113741 Aug. IT5%_.-_ 11634T.-. Aug. 70% Sale Aug. 68% 72 5 634 Aug. 6% Sale 11034 Aug. 10734 11034 Sale Aug. 67% Sale Sale Aug. 58% Sale 60 • Sale 6134 Aug. Aug. 109% Sale 10934 HO Aug. 10934 109% 109% Sale 112 114 119 Aug. Aug. 10734 108% 10734 108% 105 Aug. 106% 107 Aug. 106% 106% 106% Sale 11034 Sale 110% Sale Aug. Aug. 15% Sale 14% Sale Sale 3 Aug. 334 Sale 8" 8h %% 4 108% 99% Sale 4 Sale Sale Sale 107 Sale ..... 100 Aug. F A 108 108 110 110 F A 116 116 1964 MN 1970 J D 1975 A O 115 114 114 11534 117 11534 1977 1943 1958 1959 1960 1948 A D J J MN J D A 10734 10834 10334 108 95 108 43 99 '4534 4434 Sale 4434 Sale A J 106 1962^ F 11034 1974 J 1977 J 106 J 3 J J 109 J J 80 MN 41,000 Read Co Jersey Gen coll g 4s—1951 Gen & ref 4%s series A....—1997 126,000 Gen & ref 434s series B 60,000 1997 138,000 Remington Rand deb 434s w w.iggg 434s without warrants 8,000 1956, Rensselaer 6c Saratoga 1st gu 68-1941 3 Mar. 15 Feb. 20 64 34 Sale 84% 4% J 3 1946 103% 104 5534 Sale 7334 Sale 73 7734 9934; Sale 52 56 69% Sale 69% 97% Sale 68 Sale 106 17% Vk* 49 Sale 1234 109% 107% 10 16 8 '13" J 8 934 Sale ..... Sale 18 "17"" Sale 105 147 Aug. Aug. 16 2 8 Aug. 12 Aug. 5 Aug. 7 55 Aug. 30 51 Aug, 16 55% Aug. 30 14% 14% 14% 106% 102% 634 71 6 9 153 91 91 Sale 10 2434 35 2 102 8 Sale 110% 70 65 80% "Aug. 5 Aug. 30 7034 Aug, 30 7034 Aug. 22 1 100 Aug. 21 Aug. Aug. 21 99% Aug. 30 100 Aug. Aug. Aug. Aug. Aug 23 24 106% Aug. Aug. 23 100 103 Aug. 30 10 27% 8% Aug. Aug. Aug. Aug. Aug. 27 17 Aug. 1 3 16 17 16 Aug. Aug. Aug. 3 23 16 23 16 16 106 j -r^ug. 19 1013 Aug. 30 10 Aug. 17 Aug, 19 Aug. 30 22 Aug. 7% Aug. 2434 Aug. 834 Aug. Aug. 28 Aug. 14 Aug. 31 Aug. 22 73% Aug. 6 82% Aug. 30 109% 108% Aug. 30 10934 Aug. 13 _____ 35 70 35 65 104% May 17 110 Aug. Mar. Feb. 92 June 40 40 9 19 25 25 27 8 8 30 3 8 3 9 8 5 Feb. 28 Feb. 28 108% 112 Jan. 4 21 July 23 Feb 2 1? 5 8 29 Aug. 27 Mar. 19 12 22 May Jan. 9 10 May 10 Apr. 30 Aug. 19 Aug. 30 8 5 108% Aug. 19 40 May 20 May 22 May 21 June 4 106' 110% Mar. 7 110] Aug. 30 Aug. 30 Apr. 23 Mar. 7 81 Jan. 5 ,104 Jan. 23 Jan. 20 107 10 93 Feb. 59 June 14 Jan. 16 64% Aug. 81% 58% 81% 10634 79 3% 108 9 June 13 June 3 Jan. 18 Aug. 22 91 Aug. 9 95% Aug. 30 91 Aug. 2 11034 Mar. 30 84% Mar. 7 5 Feb. 28 Mar. 16 63% May 22 113 May 28 150 50 May 23 60% 60% May 22 75% 62% June 11 75 89% June 11 102 90 June 10 10034 90% June 103 May 92 Jan. 9834 June 26 14 30 _____ 80 9 56 10934 109% 108% 109% 109% 109% 105 10734 108% 107% Aug. 8 109 6% 7 6 6% 7 534 Aug. 13 18 1734 634 9 6% Sale 6% Aug. 6% 634 9% 6 6% 7 634 Aug. 75% Aug. 40 9 26% 22% 7% Jan. 108% July 105 May 115 July 114% June 99% May 99% June 13 6 3 Jan. 22 29, 116 24] 117%Mar.23 26 71 July 31 28 7034 Aug. 8 Feb. 19 2l 10 24 11034 July 20 Apr, 6 27 71 8 .6034 Aug. 31 28 62 Apr. 4 28 111% Jan. 10 7 110% Mar. 26 Jan. 3 31 115 10 110% May 18 108 34 May 7 31 28 10634 Aug. 22 3 111% Mar. 12 21 16% July 29 4 Apr. 11 21 8% Feb. 21 21 103 108 109 30 Jan. 5 Mar. 16 Apr. 19 140 May 13 222 May 3 May 10 226 2 110% Aug. 16 106 8 May 28 11034 May Mar. 27 2 104% Aug. 21 9934 June 10 105 5 110% 97 Sale 23% 12% 16 14% 33 16 14% 2934 17 14% 17 16 14% 27% Sale 106% 109% 106% 103% 101»3J 10234 10134 36 35 Aug, 108% Aug. 31 5 82 Aug. 99 98 99% Sale 95% 100% 99% Sale 97% 105% 10634 105 98 9934 Sale Sale 2034 734 108 22 95% Aug. 30 51% Aug. 6 68 Aug. 14] 68% Aug. 12 18 26 94 Aug 9 106% Aug, 93 Aug. 22 Aug. Feb. May Apr. 11 10934 Jan. Mar. 6, 115 115 Mar. Apr. 21i 92 3 120 % May 21 10434 Aor. 21 110% May 28i 91 May 22^ 99% May 22 99% May 11 87% May 100% Aug. 105% Aug. 108% Mar. 102 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 6 107 104% May 28 112% Feb. May 93% May 28 101 108 5434 57 7034 70% 7034 Sale 98% Sale 102% 102% 103 1934 J ... 110 51% Aug, 21 212% 222 110 109 10934 109 Aug. 10334 104 103% 104% 10334 Aug, 100% 1941 3 97 Ill ^1% 70 98% 1949 J 109% 55% 55% 95 1m 1948 a o 54 Sale _ i6fh 54 10034 10734 Sale 95% Sale 10034 10034 2034 a* 54 Sale 9934 15 ... 6 100% Aug. 105% Aug. 28 14 108% Aug. Aug. 28 Aug. 19 Aug, 30 150 142 109 ARhine-Ruhr Wat Serv 6s 1953 J 3 2,000 a Rhine-West Elec Power 7s 1950 MN 1334 ADirect mortgage gold 6s 2,000 1952 MN ACons mtge 6s 2,000 1953 f a 2,000 ACons mtge 6s. -—1955 a o 13% 12,000 Richfield Oil 4s conv deb__ 1952 MS 108 1,000 Richmond Term Ry 1st guar 68.1952 J 3 102% 1,000 a Rim a Steel s f 7s 1955 F A ±* ARio Grande June 1st guar 5s 1939 J D 17", 000 $*aR1o Grande Western 1st g 481939 3 J a 1st con 6c coll tr 4s series A 1949 A O 17,000 Rochester Gas Sc El 434s ser D..1977 MS 120 Gen mtge 3 34s series H_ 1967 M S 107 Gen mtge 3 %s series 1 1997 M S Gen mtge 3 34s series J 1969 M S 17,000 7,000 *1 ARock Is Ark & Louis 1st 434s 1934 MS 1 1 55 Aug, _ ^ 16 50 112% 110% 112% 110% Aug. 21034 si* . Aug. 23 100 Sale MN "57" nV* 70 149 Steel Corp 434s ser B— 1961 F A Purch money 1st 534 s con v. . 1954 MN 81,000 Gen mtge 434s series O 528,000 1956 MN 54,000 Revere Copper Sc Brass 1st 4 34s-1966 J 3 ARheinelbe Union s f g 7s J 1945 J 188 Aug. 82* 223 9634 _ 8 110 Aug, Aug, 22 11634 115 Aug, 12 115 10534 Aug, 24 10734 Sale 70% Sale 64% 10634 !06% 106 97 8934 "93"" 94 90% 90% Sale 91% 9034 91% 9134 IV* 90 90 90% 90% 10734 109% 108% Sale 108% 81 84 81% Sale 80% 434 434 146 M S 54 June Feb. 10 Apr. 27 Mar. 28 Apr. 24 May 6 July 27 Apr. 20 96 May 21 102 97 h Feb. 1 99 104% May 22 110 % 100 May 22 109% 10934 Aug. 30 108 Aug. 28 % July 14 10734 Aug. 14 Aug. 7 110% June 29 114 June Aug. 1 111 28 114 Aug. 1 May 14 June Aug. 2 13 Aug. 31 16 104 May May 28 no* Aug. 2 Aug. 10 May 20 Aug. 1 24 98 89% May 89 May 21 98._ Aug. 1 75% June 16 8534 Aug. 1 110% May May 12 h674~AugrI7 111 43 Aug. 8 26 71 Aug. 42% Aug. 28 7034 Aug. 8 7 Aug. 3 334 May 13 20l 107% Aug. 20 10634 Jan. Aug. 30 8 69 6111 may 45 June 19 6034 Aug. 31 45 Aug. 30 May 16 62 May 28 110% Aug. 9 107 7 109% Aug. 21 109% Aug. Aug. 31 114% Aug. 17 112 June Aug. 12 106 23 109 Aug. 16 104% May 8 107 May 15 10634 Aug. 22 100 June 14 11134 Aug. 28 108 15 1534 Aug. 1 934 May 14 334 Aug. 1 234 May 3 34 May 1 4% Aug. 21 115 70% 109 M S Aug. 30 110 106 219 352',000 Republic 18,000 Saguenay Pow Ltd 1st M 434s.. 1966 2,000 St Jos Sc Grand Island 1st g 4s. 1947 8t Lawr Sc Adirondack 1st g 5s_. 1996 2d gold 6s 1996 fi*' J 3 3 116 Sale" O J 21 10034 Aug. 21 102% 23 105% July 23] 106 20 102 May 24 10734 13 99% June 0 106% 99 May 21 105 26 88 May 27 101 13 110 54 J D J 9 102 10534 107% 10634 Sale Sale 107 105 Aug. 16 107 105% 108 100 100% 9934 Sale 98% Aug, 14 10034 108% 108% 108% Aug. 19 108% A A O Aug. Aug. Aug. 105 Aug. 105 Aug. 100% Aug. 104 103% 103% 117 107% lit" 111 9834 9834 80% Sale 10634 6234 Sale 61% 1-00J 105 j 106% Aug. 22 10834 Aug. Aug. 99% Aug. 1 100 110 F J 21 23 20 30 14 1 101 102 10834 109% 1st 6c ref mtge 5s -- — -2037 1st 8c ref mtge 8s— —2037 38.000 Pub Serv of Nor 111 3 34s 1968 43,000 Purity Bakeries Corp s f g 5s—X948 30. Aug. 104 102 MN 1949 1953 1967 1960 1963 . . Sale 10134 Sale A* X AProvidence Terminal 1st 4s.. 1955 MS 60 J 3,000 Public Service El 6c Gas 334s—1968 J 110% 11134 AKuhr Chemical 6s.. 114 108 ACertificates of deposit 2,000 t ARutland-Canadian 4s stpd 11,000 t ARutland RR 435s stpd 10734 113% 9034 Sale 11734 Sale 103% Sale 3I 10234 100 104 105 105 1942 MN 1945 MN a6s stamped ] 1942 ACertificates of deposit 17,000 Potomac Elec Power 1st M 3 34s-1966 1951 32,000 Pressed Steel Car deb 5s 1 AProvidence Secur deb 4s gu—1957 a334b assented Sale 101 Sale 106 65 58 100 ..... 101 100 118 1003 1053 Aug. Aug. Aug. Aug. Aug. Aug. 10034 10534, 104 106 106 103% 103% 105% Sale 10334 104 Sale 10834 54,000 5134 100%, 100% 100% Aug. 105% 107% 105% 107% 105% Aug. 107% 108% Aug. 108% 110 Il2" 110% Ill Aug. 110 110 Aug. 104% 110 108% 108% 392,000 Portland General Electric 4 34s- -1960 M 5 J 1st 5s extended to 1950— J 27,000 8,000 t APorto Rican Am Tobac conv 6S1942 J J see page 122 106 - 1,000 P C C & St L g 4%s series A... Con 4%s series B guar g.—.. 14,000 Con 434s series C guar g 2,000 Con 4s series D guar g 2,000 Con 3 Mb series E guar g 3,000] Con 4s series f guar g...—Con 4s series G guar g — Con 4s series H guar g 3,000 101%, 105% 101% 10334 103% 10034 D 10534 4%s series B. .-----—1981 J J 123,000 Pennsylvania Power 6c Lt 3%b—1969 F A 181,000 4%s debentures 1974 V A 2,000 Penn RR consoi gold 4s ...1943 Af N Oonsol gold 4s 47,000 1948 AfN 15.000 Stamped dollar bonds. . -- -1948 MN Gen mtge 334s series C_. 191,000 1970 [A O A Consoi 4Kb issue of 1915. . - - i960 36,000 D General 4 %e series A..— 360,000 1965 General 5s series B .—1968 J D 98,000 Debenture gold 4 %s 343,000 1970 A O General 434§ series D 135,000 —1981 A O Gen mtge 4%s series E 1984 U- J 72,000 Conv deb 3 34s.— ....—1952 A O 261,000 PeopIesGas & CbkfflW 6s...— 1943 AO "5" 500 Refunding gold 5s.——-—-1047 1M S 92,000 t*APeoria 6c East 1st stmp 4s..1940 A O ^Certificates of deposit 66,000 Alncorue 4s {flat)—--——1990 Apr 48,000 3,000 Peoria 6c Pekin Un 1st 5%s A..1974 F A 101,000 Per* Marquette 1st 6s seriesA.. 1955 J J 1st 4s series B..._ ..-1956 ;JJ 57,000 MS 1st g4H» series C 104,000 , .-.—1980 88,000 Phelps Dodge conv 3 %s deb ... 1952 J D 25,000 Phila Bait 6c Wash 1st g 4s....-1943 M N General 5s series B 4,000 1974 F A General g 4%s series O 9,000 1977 J J General 4 %s series D—.—1981 J D 5,000 120,000 Phila Co secured gold 5s—-..-1967 J D 1967 MS 54,000 Phila Electric 1st 6c ref 3 %« 120,000 jAPhila 6c Read O & I ref 5s—1973 J J iConvertible deb 6s --—1949 MS 461,000 26,000 X*APhilippine Ry 1st 30-yrsf48-1937 J J ACertificates of deposit 81",000 Phillips Petroleum conv 3s_...-1948 M S 36,000 Pitts Coke 6c Iron conv 4%s A—1952 M S For footnotes, 65 6 _ Guar 3 % s coll tr ct& ser B—1941 F 7,000 Guar g 3 %s tr ctfs ser C 20,000 1942 J Guar g 8 He tr ctfs ser D_.__.1944 J 1,000 12,000 40-year guar tr ctfs 4s ser B..1952 123,000 28-year 4s .... 1963 36,000 fPenn Dixie Cement 1st 6s A—1941 M Penn Glass Sand 1st mtge 4 H*-1960 U Penn Ohio 6c Detroit RR— 1st 6t ret gold 4%s series A...1977 A 83,000 32,000 29,000 121% 123 6734 Sale 89 Feb. 19 100% July 109 8 Mar. 25 100% July 103% May 8 6 29 30 Feb. May 20 June 24 19% June 27 5 July 11* 20 12% May 17 13 May 17 14% Feb. 109 103% May 101 Aug. 19 105 June 8 10% 40 33 May 34 20 May 12 5% May 8 111 108% Jan. May 22 11034 5 9% May 24 Mar. 7 21 21 105 6 5 Feb. 28 Jan. Jan. Jan. 15 15 34 Jan. 4 Feb. 23 Jan. 9 May 14 May 23 June 27 July 9 Mar. 29 Jan. 9 Jan. 19 Jan. 20 Mar. 11 Apr. Apr. 5 8 Jan. 29 18 Feb. 21 Apr. Jan. 7 2 9% Jan. 23 9 Mar. 68 May 29 9834 Feb. 15 Mar. 18 108% Aug. 30 112 n. y. stock Sept., 1940] Sales in is N. Y. STOCK EXCHANGE Value Jan. 2, 1940 Bid Ask Ask Bid Bid J ASt Louis-San Francisco Ry— 97,000 48,000 32,000 62,000 104,000 54,000 a Prior lien 4s series A ACertificates of deposit APrior lien 5s series B 1950 J J 1950 y-j ACertificates of deposit-ACon M 4%s series A ACertificates 1978 of deposit stamped ms 61M Sale 61 21% 58% Sale 25 "63"" 11% Sale 11M Sale 12 Sale 11M Sale 11M Sale 10 M 11M MJV ~3~66o 2,000 5,000 J 32 74",000 {Seaboard Air Line Ry— * Alst g 4s unstamped ACertificates of deposit 106*000 A 1950 195U Oct 1949 1959 ♦AStamped 4s AAdjustment 5s ♦a Re funding g 4s J Al8t & cons 6s series AACertificates of deposit- 1945 O f A A O f A f A f 1st mtge & ref 4s -1965 Southern Colorado Pow 1st g 6s. 1947 J Southern Kraft Corp 4 Ms 1946 J fSouthern Natural Gas— 1st mtge pipe line 4 Ms 1951 29,000 68,000 Sou Pac Co 4s Cent Pac coll Aug *49 1st 4 Ms (Oregon Lines) ser A-1977 301,000 Gold 4 Ms 1968 216,000 Gold 4 Ms May 11969 445,000 Gold 4 Ms 1981 216,000 10-year secured 3 Ms 1946 207,000 San Francisco Term 1st 4s—1950 38,000 384,000 South Pac RR 1st ref guar 4s—1955 4s stamped 1955 1994 164",000 Southern Ry 1st cons 5s Devel & gen 4s series A 1956 443,000 Devel & gen 6s series A 1956 121,000 Devel & gen 6 Ms series A 1956 159,000 Memphis Div 1st g 5s —.1996 6,000 St. Louis Div 1st g 4s —.1951 20,000 Southw Bell Tel 3 Ms series B---1964 50,000 1st & ref 3s series C ---1968 23,000 A J D A O J D 63 105 M 108% 109 109m 105% Sale 97 M Sale 108 106 M 47 3% 6% 115 28 38 125 8 Sale 30 28 40 38 M Aug. 38 Aug. .■ 28 Aug. 119 Aug. 9 8 Aug. 9 7 A Aug. 118% 125 8% 8M 6 119 8M Aug. 21 Aug. 12 2% "3" 2M Aug. 7 3 A Aug. 21 5 2% 3 jL%_ Sale 3M 4% 10 M 12M 2 VA 1M 97 M Sale 64 61M 3% Aug, 3 Aug. 10 M Aug. 1M Aug. 1 % Aug. 96A Aug. 61 Aug. 8 4A Aug. 1 4MAugT20 10% Aug. 20 2 2 Aug. 9 VA Aug. 97 M Aug. 31 64% Aug. 15 Sale ... 40 ... 13 20 7 9 14 26 108M 109 M 105 102 M 15 13M Sale Sale Sale 108% 109 M 105 105 M 106M Sale 108M Sale 107 A Aug. 104 A Aug. 1 109 1 105 M S Sale Sale Sale 38 MN Sale 40 M Sale 42 M Sale 42% 49M Sale 37 M 37 % 50 49M Sale 40% Sale j J Sale 53 Sale A O Sale J j Sale j j J 88 Sale A O 61 Sale A O 76m 82 m 72 m A O J J J j j D j J 79M Sale 78 73 111M 112 107 m 107% 17 m 19% 104 h Sale 71 Sale j A j FA A O 106 126 m 106 M —— j J J D A O AO j D M S 50" "69 " 110m Sale 70 69 3 69 J 96 Sale 72 73 M 99 51 j 14! Sale J J 95 J J 107 J D D O M S D M S J J MN F A M 8 j J 98M Sale 87 M Aug. 51 Aug. 77 69M Aug. 80 M 69 Sale 75 M Aug. 75 Aug. 68 Aug. 72 Sale 77 M Sale 75 85 68 Sale 90 87 M _ Sale 106 m 110% 12 11 89 m 107% Sale 96 m Sale 67 Sale J 110M Aug. 105 M Aug. Sale 16M Aug. 18% 104 105 Aug. 104 M Aug. Sale Sale 97 Aug. Sale 105 Aug. 30 110 88 99 M Sale 107 % 8 Sale 86 M Sale Aug. 55 A Aug. 86M Aug. 61 64 M 105 A Aug. 30 101 Aug. 31 105 M Aug. 1 114 88 Aug. 13 Aug. 12 Aug. 1 Aug. 12 61 Aug. 22 57 M Aug. 87 Aug. 1 8 64M Aug. 30 Aug. Aug. - 30 82 M Aug. 87 107 A 107 M Aug. 70 66 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 99M Aug. Aug. 108 109»s2 Aug. 19 103 M Aug. 27 - 8 113M Aug; 3 98 Aug. 5 98 Aug. 5 102 A Aug. 107 Aug. 30 66 9 Aug. Mar. 6 Apr. 23 Feb. 26 Apr. 12 Apr. 6 Apr. 11 Apr. 6 Jan. 18 M Jan. 28 A Jan. 29M Jan. 114M June 12 123% Feb. 13 8 June 18 6M 1M 2M 2M 2M May 21 June 26 May 21 July 24 May 21 May- -22 15% July 12 4 May 22 3% Apr. 22 97% May 14 May 18 67 May 15] 55 ~ 18% Feb. 29 May 22 39 May 25 102% May 22 101 9 1A VA 93 M 55 A Jan. 11 Jan. 3 6 25 25 Jan. Jan. Jan. Jan. Jan 3 11 Jan. 31 Jan. 2 Jan. Apr. 3 6 Mar. 15 July June Aug. 94 May 99 H Aug. 102 H May 21 106% Apr. 115 June 27 119 July 14 M 12 A 18 27 29 1 8 6 18 104 May 23 101H May 15 "5 A May 28 107 H May 18 101 May 23 97 A Jan. 2 109% May 9 105 H Apr. 8 109% Aug. 12 104 107% Feb. 48% Jan. May 30 A May 35 May 53 57 73% 63 108% 102 15 101% 100% 81 104% 111 Feb. 2 106 Jan. 31 102% Apr. 26 53 Jan. 50% Jan. 50% Jan. 50% Jan. 58 Jan. 80% Jan. 65% Jan. June June 91% May 61% Jan. May May May Apr, May May May May May May May June 7 3 79% Jan, 84% Jan. 4 78 72 3 112 Jan. Jan. 5 3 Mar. 14 108% Mar. 14 23% 106% 106% 113% 106% Mar. 12 Apr. Apr. 5 6 Feb. 15 Apr. 6 10 128% Feb. 17 Mar. 25 111% June 11 115" 1 111 104% June May 8 122 June 92 76% June 102 104% 53% 53% 53% s* Jan. June May 5 June 72 Jan. 11 June 72 Jan. 5 Jan. 8 Apr. Apr. 8 97% 62% 25% 100% 107% Aug. May May Jan. 105 Feb. 106% Apr. 6 103% Aug. 31 74 July 19 110% Jan. 11 72% Jan. 10 May 103% Aug. May 8 Mar. 20 May 8 18 66% Mar. 20 89% Jan. 2 55% June 26 67% Apr. 22 55 Aug. 29 82 % May Jan. 31 99% 1 125 121% Aug. 104 May 25 108 14% 14% Apr. 13 14% 13% Feb. 16 P 80 May 28 105% May 22 109 9 8 July 18 109% May 18 112 $100% May 21 104% 98 123 M 106 A 8 9 6 8 Mar. 26 May 83 42 106 A Aug. 31 18 Aug. 28 105 Aug. 28 4 Apr. May Apr. Apr. Apr, 2 Apr. 12 Mar. 14 Mar. 15 107M Aug. 89 M Aug. 31 31 30 31 14 30 9 111% Aug. 5 8 5 Apr. 15% Apr. Jan. 52 Aug. Aug. 80 M Aug. 76 M Aug. 70 Aug. 4 6 16 107 H Aug. 1 97 M 66 54 105 June 77 14% Apr. 14% Apr. 4M May 110M May 55 8% 109 M 109% 109% 111*32 109% 102 M 102% 103 M 103 A 102 M 112 A Sale 113 113M Sale 96M 97 M 96 M 97 M Sale 96 % 97 M 97 97 M 98 102 A 101M 102 105% 106" ~ 106 M 106M 106 67 7M 42% May 63% May 110 55 M 88 82 12 30 Aug. 109 86 M 107 M 25M Apr. 4 65 Apr. 4 26% Apr. 3 66% Feb. 21 62% Jan. 16 June June May May July July 7 72 M Aug. 57 A Aug. 125 A Aug. 114 Aug. 105M 105 55 12 6M May 54 M 66 14% Apr. 13% Apr. June June 85 12 7 June 105% 12 May 28 8M June 11 7M June 10 30 127 121M Aug. 121M 121M Sale 105M 106 M 105M 107M 105 M Aug. 66 19 Sale 99 12 27 j. 88 6 H 30 2 106M Aug. 68 Aug. 6 68 M Aug. 9 67 M Aug. 30 90 Aug. 16 57 A Aug. 1 1 19M Aug. 100 Aug. 24 105 M Aug. 1 76 107 62 M 105% 125 17 29 € June 10 Aug. 30 105% 106 M 105% Aug. 65 68 Aug. 67 M 70 67 68 Aug. 64 M 68% Sale 66M Aug. 67 70 88% Aug. 91 90 M 90 55% Aug. Sale 56 M Sale 17 M Aug. Salo 19 Sale 99% Aug. 99 % 100 M 105 A Aug. Sale 68 June 7 42 M Aug. 31 42 M Aug. 31 53 Aug. 1 42 105 A Aug. 10 103 M Aug. 31 Sale 122 17 16 Aug. 103 M Aug. 105 M 105 103 M 106 67% 67% 66% 84% 57% 19% 99% 105% 71 125 M 125 105 85 69 110M 111M 110M 106 M 105 M 106 18 16M 16% 104 M 104 H Sale 105 M 104 M Sale 101 96 % 97 105 M 105 M Sale 65 m "94"" "99"" Sale O Sale Sale Sale A Sale 57 M 75 M 57% 86% Sale O 89 M Sale Sale Sale 114 MN D Sale 57 m 89 M 8 A 87 % 56 M 112M O A 53 M 109 M 86 M A J Sale Sale Sale Tor Ham & Buff 1st 4s 56 115 J Tol W Va & Ohio 1st guar 4s 69 110 J J 73 % Sale 114 88 89 m 105% Sale 70 70% 57 M Sale MN % Aug. Aug. Aug. Aug. Aug. Aug. Aug. 72 114M Sale 108 Aug. 23 Aug. 9 6 106 M Aug. 28 40 Aug. 29 47 M Aug. 31 15 14 j 39 106 A Aug. 27 109 M Aug. 12 108 3 Aug. 17 109% Aug. Sale 3 105 M Aug. 23 105 106 Aug. 105 M 105 9 102 M Aug. 13 Aug. 102 M 102 M 102 M 102 44 MN 15 v, Aug. 5 Aug. 29 2 101M Aug. 9 6 101 Aug. 8 1 105 M Aug. 12 37 A Aug. 105 M 33 26 1 18M 55M May 28 May 28 " - "5 104 M 6 9 Aug. 107 M Aug. 1 35 50 37 M Aug. 99 M 100 M 101 101% 100M Aug. 101 101 Sale 101M 100 A Aug. Sale 105 104M Aug. 104 M Sale lie 115M 35 Aug. 27 1 38 M Aug. 38 M Aug. 30 % 3% Sale 15 21 32 28 38 40 5M Aug. 7 115M Aug. 27 66 Aug. 1 105 A Aug. 13 110% Aug. 7 107M Aug. 24 Aug. Aug. Aug. Aug. Aug. Aug. Sale Prices 49 M May 28 48 M May 28 65 M 3 A 80 Sale 99 8% 66% 3% 5% Sale j Studebaker Corp conv deb 6s.-1945 J Swift & Co 1st M 3 Ms 1950 MN 30. 15% 11% 106 % 105 A Aug. Sale For footnotes see page 35 15 63% Aug. 1 33 Aug. 30 15 Aug. 7 9 Aug. 2 47 M 42 105 Ujigawa Elec Power sec 7s 1945 16,000 Union Electric (Mo) 3 Ms 1962 58,000 *{AUnion Elev Ry Chic 1st 5s__1945 Union Oil Cal 30-yr 6s ser A May *42 "10:660 3s debentures —1959 170,000 Union Pac RR 1st & land gr g 4s_1947 327,000 34-year 3 Ms debenture 1970 95,000 35-year 3 Ms debenture 1971 60,000 Ref mtge 3 Ms series A 1980 148,000 United Biscuit 3Ms debs 1955 59,000 United Cigar-Whelan Stores 5s_1952 4,000 32 61M Aug. 32 M Aug. 13M Aug. 8 Aug. Sale J 1950 O. -1942 1966 Trenton Gas & Elec 1st 5s 1949 5,000 Tri-Cont'l Corp conv deb 5s ser A '53 5,000 ATyrol Hydro-Elec Power 7 Ha. -1955 AGuaranteed sec s f 7s 1952 63% 106M 106 40 40 M j Tol St L & West 1st g 4s._ 62% 9 39% J gold 4s 1953 49,000 Texarkana & F S Ry 5 Ms A guar 1950 16,000 Texas Corp 3s debs 1959 275,000 3s debenture —1965 15,000 Texas & JN O cons g 5s 1943 2000 78",000 Texas & Pacific 1st g 5s Gen ref 5s ser B 1977 35,000 Gen & ref 5s series C 1979 45,000 Gen & ref 5s ser D 1980 10,000 Tex Pac—Mo Pac Term 5Ms A.1964 12,000 Third Ave 1st ref 4s 1960 103,000 AAdjustment income 5s__Jan 1960 562,000 ♦AThird Ave RR 1st gold 5s 1937 9,000 liTide Water Assoc Oil deb 3 Ms 1952 37,000 Tokyo Electric Light (Ltd)— 1st M 6s $ series June 15 1953 165,000 Tol & Ohio Cent ref & imp 3 Ms-1960 34,000 9% 8M 14 15 8 14 14 47 M 40 M D -1953 9M Aug. 9 Aug. 10A Aug. 9M Aug. 9% Aug. 9 Aug. 29 8% Aug. 8 Aug. 8M Aug. 9 Aug. 8 Aug. 8 Aug. Sale j 15-year 2 Ms debs 13 Sale Sale Sale 9M 9M Sale 9M 8M 9M Sale Sale 1961 J {ASpokane Internat 1st g 5s—1955 58M Aug. 57 hA Aug. 18M Aug. 63% Aug. 38M Aug. 19 M 8 Tenn Coal Iron & RR gen 5s -.1951 J 12,000 Term RR Assn of St Louis 5s—1944 f 1,000 J Gen ref s f 43,000 Sale 108 M 109 105 105m - Standard Oil N J deb 3s— 64 M 36 M Sale 41% 13M 29 M Sale - 10,000 167,000 288,000 82,000 82,000 29% 28 38% 38% Sale 12M VA 2 VA 2 96 M Sale O Southern Bell Tel & Tel 3 Ms—1962 A O J 3s debentures---— ---1979 J Southern Calif Gas 4 Ha 1961 M s "32"" 3M f A iSilesia Elec Corp 6%s 1946 1941 f A 40,000 Silesian Am Corp coll tr g 7s A O 68,000 Simmons Co conv deb 4s— —1952 F A 14,000 77,000 100,000 27,000 17,000 104,000 59 M Sale 65 M 45 Aug. 1 58 Aug. 20 20 M Aug. 30 65 M Aug. 23 39 Aug. 1 60 1 Highest Sale Prices Sale Prices Sale Prices Sale 10 M j J 28 2% 2% j D MS 1950 J 1964 1963 A 8 117 4 A "moo 61,000 Skelly Oil 3s deb 153,000 Socony-Vacuum Oil 3s debs South & Nor Ala gu 5s 6 56 20 M 1% m's j 11% 80 5% 7M 7% M's 30,000 lAiAtl-BIrm Div 1st g 4s May 1933 -6,000 22,000 t iSeaboard Alr-Fla 6s A ctfs—1935 a6s series B ctfs of dep -—1935 3,000 ;—1954 273,000 Shell U nion Oil 2 % s debs _1952 —79,000 Shinyetsu El Pow 1st 6Ha ASiemens & Halske deb 6%s 1951 Sale 114% 119 O A 10 M Sale Sale 5M 116 114% 63 M 63% 64% 105% 105% 105% 105% 105 H 111% 107% 107% 107 M 110 107 M 107% 107 MN 4,000 Sclo Vall& NE 1st guar g 4S_--.1989 16,000 61,000 Sale Sale 9 66 O AStamped Sale 11 9% 9% 9M 9 O J aS tamped.. 9 66% 3% A 1946 6%s Sale 14% AGuar. sinking fund 6 %s B—1946 A guar 9M 29 25 20 M 32 t ASchulco Co 55' 64 30,000 t ASt Louis Southwest 1st g 4s—1989 j 3,000 A2d gold 4s income bond Nov 1989 j * j Alst terminal & unif 5s 1952 74,000 J AGen & ref 5s series A 22,000 1990 D St Paul & Duluth 1st consol 4s__1968 j 1 ASt Paul E Grand Trunk 4 %s„1947 A 22,000 t ASt Paul&KC 8hort L gu 4 %s 1941 j St Paul Union 8,000 Depot 1st 5s guar.1972 j 117.000 San Ant & Aran Pass 1st guar 4s .1943 O .1963 12,000 San Antonio Pub Serv 4s_ MN 57,000 San Diego Cons G & E 4s 1965 1,000 Santa Fe Prescott & Phoenix 1st 5s'42 M S j Sale 60 M i7M 20 M 63 M 64 M 39 Sale 60 Ask 60 Lowest Highest Lowest Aug. 31 Aug. 1 St Louis Iron Mtn & South— 61,000 A*River & Gulf Div 1st g 4s.--1933 mn 19,000 ACertificates of deposit ASt LPeo&NW 1st 5s 17,000 1948 j"J t Louis Pub Serv 1st mtge 5s_.1959 M S 100.000 j 5,000 St L Rky M & Pac 5s stamped--1955 J RANGE SINCE JAN. PRICES IN AUGUST Price BONDS August 29 exchange-bonds 110 May 92% May 92% May 101% Aug. 104% June 58% June 31 115 29 Mar. 27 Jan. 23 Jan 5 July May 2 Aug. ■? 1 Jan. 10 Jan. 20 Feb. 15 May 9 Feb. 13 99% Apr. 26 22 99% Apr. 26 19 102% Aug. 5 7 107 Aug. 30 8 77% Apr.jfc.3 EXCHANGE—B0NE8 .N. Y. STOCK 30 v; Sales in "8 August BONDS Value N. 7. STOCK EXCHANGE Jan. 2, 1940 Bid 151,000 United Drug Co (Del) 5s_ UNJRR&Canal Co gen 4s— United States Steel Corp— PRICES IN AUGUST Price If Ask 1953 M 80 56 1944 M 109M Bid Ask 80*6 Sale 109 110 Sale Lowest Highest Sale Prices Ask Bid 83 108 Sale RANGE SINCE JAN. Lowest Aug. 31 Aug. 1 Sale Prices 76*6 Aug. 16 83*6 Aug. 1 Highest Sale Prices Sale Prices 75*6 May 21 89*6 Apr. 9 11056 Jan. 24 108 June Serial debentures— .375s..... .60s ,625s 3,000 ,75s. ,875s 1.008 1.125s... 1.25s 1.375s 1.50s 1.625s 1.75s 1.80s..... 3,000 3,000 Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May ..Nov May Nov May Nov May Nov May Nov May Nov May 11940 99*6 ..... 1 1941 MN 1 1941 MN 1 1942 MN 99K ..... 99% 100*6 100 100 100 11942 MN 1 1943 MN 1 1943 MN 99*6 100 — 100 100*1 100 100 *6 100*6 100 100*6 100 100 *6 100*6 1 1944 MN 100 100 *6 100*6 1 1944 MN 100 X 100*6 1 1945 MN 100*6 101 100*6 1 1945 MN 100*6 101 100*6 1 1946 MN 100. 100*6 101 1 1946 MN 101*6 99*6 10054 100*6 2,000 MN 1.85s 1 1947 99*6 100*6 10056 101*6 1.90s 1 1947 MN 99*6 100*6 10056 101 "4", 665 1.95s 1 1948 MN 100*6 101*6 101 *6 Sale 28,000 2.00s_ 1 1948 MN 99*6 100*6 10056 101*6 9,000 2.05s... 1 1949 MN 101 101*6 100*6 Sale 22,000 2.10s 1 1949 MN 100*6 Sale 101 15,000 2.15s 1 1950 MN 101 161*6 100*4 Sale >4 oaie 14,000 MN 2.20s 11950 99*6 100*6 10156 101*6 13,000 2.25s 1 1951 MN 99*6 100*6 10054 101*6 15,000 2.30s 1 1951 MN 10056 102 16,000 2.35s 1 1952 MN 101 102*6 2.40s. 1 1952 MN 100 10056 102*6 odd 2.45s 1 1953 MN 10054 102*6 100*6 3,000 2.50s 1 1953 MN 100 10054 2,000 2.55s 1 1954 MN 10056 10054 10256 2.60s ..Nov 1 1954 MN 103 102 10056 20",6O5 MN 2.65s May 1 1955 20 23*6 9,000 iUnited Steel Wks g 6*6s ser A 1951 J D 22*6 18 25 22 2,000 14 a3 Ms ser A assented -—1951 J D 20 23*6 22*6 J a6*6s series O 1951 J D 18 22 14 a3*6s ser O assented 1951 J D 20 23*6 6,000 22 *6 25 ASinking fund deb 6 Ms ser A 1947 J •L 21 a3 Ms ser A assented- ;:.-.--1947 J~ j t 14 —20" §§**• 87 *6--Sale 88 89*6 19,000 United Stockyards 4 Ms w w_. 1951 AT O 90 Sale 101 10156 101*6 101*6 96,000 Utah Light & Trac 1st & ref 5s-_1944 A O 102 *6 Sale 101*6 Sale 102*6 Sale 134,000 Utah Power & Light 1st 5s.— 1944 F A 103 *i Sale T.666 19,000 1,000 8,000 4,000 3,000 ... - till ... — , ... * Vandalia consol g 4s A Consol 4s--series-B-_ Vera Cruz & Pacific RR— — 1955 F cons 5s 106 A J M M J 1958 A J S 110 31 S 55 J 61 108 *6 O Virginian Ry 1st & ref 3 Ms ser A 1966 M S aToI & Chic Div 1st g 4s 50",666 J aWabash 10.000 Warner Bros Pictures 6s"debs 252,000 tAWarren Bros Co. deb 6s 3,000 Warren R R 1st ref gu g 3 *6s Wash Cent Ry 1st g 4s Wash Term 1st guar 3*6s.. 1st 40-year guar 4s 1,000 Westchester Light gold 5s 38,000 Gen mtge 3 *6s 1,000 West Penn Power 5s series's 47,000 1st mtge 3 *6s series I 37,000 West Va Pulp & Paper 3s 100*6 100*6 100*6 100*6 Aug. Aug. Aug. Aug. 101 Aug. 101*6 Aug. Aug. 101 Aug. 101*6 Aug. 101 *6'Aug. 1*6 Aug. 100*6 Aug. 101*6 Aug. 101 100*6 Aug. 100*6 Aug. 10056 Aug. 100*6 Aug. "3*6 Aug. 100*6 Aug. 12 10056 Aug. 16 101 Aug. 101 101*6 Aug. 23 Aug. 25 Aug. 103 23 25 23 A 2000 1948 1945 1945 1950 1967 1963 1966 1954 Registered 2361 Wheeling & L Erie RR 1st con g 4s '49 Wheeling Steel Corp 4*6s ser A.. 1966 White Sewing Machine deb 6s_-1940 t* AWilkes-Barre & East 1st gu g 5s'42 IfWilson & Co 1st M 4s ser A -.1955 Conv debentures 356® —1947 2361 61,000 13.000 4,000 Winston-Salem S B 1st 4s I960 336.000 t AWisconsin Cent 1st gen g 4s. .1949 ACertificates of deposit 48,000 71,000 ♦ASup & Dul Div & Ter 1st 4s .1936 ACertificates of deposit 11,000 23.000 Wisconsin Elec Power 3*6s 1968 47,000 Wisconsin Public Service 4s 1961 t AWorces & Conn East Ry 4*6s.1943 Negotiability Impaired by maturity. Bonds selling flat. 1356 28 ----- Sale Sale F Q F F A 75 M A 108 A J D 126*6 J J 108*6 109*6 M S 11856 Sale J J 108*6 109 J D Sale A 84 J 8856 Sale A O M S M 108 17*6 1856 17*6 Sale 66 Sale 68*6 Sale 67 Sale S MN J Sale D M S 12 15 J J J J 5056 Sale J J 44 M S F A 114 MN 101 13 J D Sale 98*6 Sale Sale 10356 10456 J J A O 97 Sale J J J J 105 18 18 Sale Sale MN 9 Sale A O J D J J 1948 M S 1961 MN 6*6 856 109*6 Sale 109*6 110 30*6 31*6 35*6 5 46 11*6 Sale Aug. 17 87 Aug. 1 90 Aug. 21 Aug. 13 102 Aug. 28 Aug. 1 102*6 Aug. 28 Aug. 17 101 101 a 60 Aug. 8 11*6 Aug. 19 Aug 22 46 Aug, 22 8 954 Aug, 6 754 Aug, 19 12 8 29 29 9 6 29 14 7 23 28 30 10 30 100*6 Aug. 14 101*6 Aug. 9 99*6 July 100*6 Aug. 12 10056 Aug. 16 101 Aug. 10 10056 July 15 103 Aug. 26 25 Mar. 9 25 Aug. 29 2456 Mar. 1 20*6 July 84 96 25 Feb. 29 20 Jan. 1 June 27 -93 56 Jam 23 Aprr May 21 104 " Apr. 25 May 28 104*6 May 8 95 "6956 35*6 30 Sale 31 Aug. Aug. 4156 Aug. 14*6 Aug. Aug. 46 Aug. 956 Aug. 856 Aug. 5*6 Aug. 5 Aug. 104*6 Aug. 69*6 Aug. 8456 Aug. 84" Sale 84*6 89 94 88*6 107 10756 108 13 12*6 1856 13 1254 16*6 62*6 6356 66*6 69 66*6 Sale 6756 6556 Sale 16 14*6 1356 49 48*6 Sale 47 "45*6 48 109*6 113*6 Sale 10156 102 99*6 102 99*6 13 1156 13*6 10556 Sale 105*6 99*6 100*6 10056 Sale 112 11156 21*6 Sale 16 *6 20*6 24 9 7 8*6 7 8*6 5*6 108*6 10854 109 109 109*6 110 Sale 100 Sale 12*6 Aug. 105*| Aug. 100 Aug. 112 Aug. 21 Aug. 20*6 Aug. 7 Aug. 7*6 Aug. 108*6 Aug. 108*6 Aug-. 105*6 Sale Sale" Sale Sale 8*6 Sale 10956 Oil 104*6 Sale 10556 Sale 3*6s, 1952, 41 Jan. 30 19 9 30 2 27 27 3f 13 3 21 ay 4*6 May 21 4*6 May 21 456 June 11 101*6 May 15 81*6 Aug. 21 2 3656 Aug. 31*6 Aug. 13 16 May 28 31*6 Aug. 13 Aug. 28 5 Aug. Aug. 2 Aug. 28 Aug. 27 8456 Aug. 13 90*6 Aug. Aug. 7 Aug. Aug. Aug. Aug. Aug. 30 7 15 26 22 30 49*6 Aug. 28 47 Aug. 31 9 113*6 Aug. 6 102*6 Aug. 13*6 Aug. 31 105*6 Aug. 3 Aug. 27 112*6 Aug. 29 101 25*6 Aug. 31 24 Aug. 31 9 3 Aug. 5 8*6 Aug. 7 109 Aug. 110 Aug. 10 3 103*6 Sale 105*6 Sale Jan 30 10856 1356 1356 66*6 6956 68*6 Aug. June May 23 6354 May 17 28 12354 16 109*6 2 116*6 23 11054 16 102*6 Sale 83*6 Aug. 88 Sale Aug. 10856 10756 Aug. 13 Sale Aug. 12 Aug. 1456 63 67 Aug. 64 Sale Aug. Aug. 68*6 64 16*6 46 Sale Aug. Sale 4256 Aug. 113 113*6 Aug. 10 25 9*6 July July Apr. 65 12356 Aug. 109 108 Aug. 109*6 10856 Sale 116*6 116*6 116*6 117 116*6 Aug. 110 Aug. 110*6 110*6 110*6 111 101 Aug. 102*6 102 102*6 102 June 10 111 May Jan. 23 51*6 Apr. 3056 June 28 5*6 Aug. 13 80 Aug. 23 30*6 Aug. 2 31*6 Aug. 13 124 12256 6 *6 Mar. 20 6 5 70 May 29 78 Aug. 21 54*6 June 19 62*6 Jan. 3 102 May 21 10956 May 9 40 556 Aug. 30 Aug. Aug. Aug. Aug. Aug. 67 Aug. 78*6 Aug. 56 78 5 June 48 20 Apr. 4 Jan. 11 28 51 Feb. 14 May 7 13*6 Feb. 27 13 42 956 956 956 956 106*6 70 Jan. May 27 79 June 3 2 9 Jan. 4 8456 Aug. 30 90*6 Mar. 27 3656 Mar. 15 37 May 10 86 92 10756 Aug. 27 108* 185 1056 June 11 185 1056 May 21 50 May 22 67 53 M June 10 72 May 22 70 June 11 1756 5 June 52*6 32 May 23 47*6 n* 2 3 3 Jan. 60 May 18 70 Feb. 106*6 June 22 109*6 Apr. 108*6 May 22 109*6 Feb. 5 128*6 June 120 Apr. 104*6 May 28 110*6 May Tan. 115*6 May 29 120 Mar. 10756 May 15 112 98 May 31 102*6 Aug. 72 17 Apr. 24 Jan. Jan. Jan. Jan. 8 3 20 18 6 17 15 27 Apr. May 4 Feb. Feb. Jan. Jan. 7 6 Jan. Jan. July Jan. July 18 June 12 116*6 May 14 110 Jan. 29 102*6 July 96 5 Jan. 10 8 103 100 July 13*6 Aug. 31 9*6 May 28 100*1 May 29 10656 Apr. 4 96 Apr. 27 May 28 102 6 112*6 Aug. 29 Feb. 110 Aug. 31 1356 May 21 June 10 24 14 Aug. 31 June 10 4 1056 Apr. 5 9 4 May 29 Apr. 5 106 May 15 110 May 2 June 10 110*6 Apr. 12 107 Jan. 26 14 9 Apr. 12 4 10256 Aug. 14 104*6 Aug. 30 101*6 May 28 10956 Jan. 105 Aug. 1 10556 Aug. <24 101 May 20 106*6 Apr. 26 entirely, series A, 1955, partially, Sept. 15. Deferred delivery sales, only transactions of current 78 13 39 X Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. the 100*6 July 100*6 Aug. 100*6 Aug. 101 Aug. 100*6 July 100*6 Aug. 100*6 Aug. 100*6 July 101 Aug. 101*6 Aug. 101 Aug. 101 Aug. 101*6 Aug. 101*6 Aug. 101*6 Aug. 101 107 19 108*6 Aug. 27 t The price represented Is the dollar quotation per 200 pound unit of bonds.-' Accrued Interest payable at exchange rate of $4.8484. range. 21 4*6 4*6 456 456 456 5*6 4 456 104*6 106 10356 65 Tide Water Assoc. Oct. 21, at 105. July July July July July July Aug, July July July July July Aug. July July Aug. Aug. *6 Jan. 15 110*6 Aug. 49 Aug. 21 10656 10956 10656 Wilson & Co. 4s, 100 100*6 100*6 100*6 100*6 20" 3956 ----- 80 31*6 37 3 109*6 Sale 10556 Sale 18 69 79 Sale 36 34 43*6 Sale 82 75 n The following bonds have been called for redemption, either entirely or partially: Bethlehem Steel 3*6s. 1952, partially, Aug. 26. Central Foundry 6s, 1941, entirely, Sept. 1, at 102. Cuba (Rep.) 5s, 1944, partially, Sept. 1. Duluth Missabe & Iron Range Ry. 3*6s, 1962, partially, Oct. 1. Liquid Carbonic 4s, 1947, entirely, Oct. 10, at 104. Pennsylvania-Dixie Cement 6s, 1941, entirely, » Sept. 15, at 100*6. Southern Natural Gas 4*6s, 1951, partially, Oct. 1. 12 21 28 7 4*6 10356 Sale - a 4156 21 68 100*6 10056 - 3956 41 14*6 Sale 5 100 100*6 July Aug. 10056 July Aug. 26 100 July Aug. 17 18 May Aug. 29 20 July 20 July Aug. 10 23 ----- 11*6 8*6 Sale 35*6 3956 5 5*6 7 4*6 M S 100 100 14 * 23 100 28 100*6 30 100*6 10 100*6 30 100*6 14 100*6 9 100*6 100*6 Aug. 100*6 Aug. 1*6 56 109*6 110*6 109*6 Aug. 49 44 48*6 Aug. 48*6 78 90 75 Aug. 57 65 60 Aug. 5956 Sale 108*6 10856 10656 Aug. 10 85 West Shore 1st 4s guar.. * 56 108 43 34 77",656 Youngstown Sheet & TubeConvertible deb 4s 1st mtge s f 4s series O 73 83 62 *6 Sale Sale 1948 M S 41,000 359,000 155,000 42 45 Sale 1941 M S 257,000 Western Maryland 1st g 4s .1952 34,000 First & ref 5*6s series A_ 1977 47,000 Western N Y & Penn gen 4s 1943 28,000 t AWestern Pacific 1st 5s ser A-.1946 iAflRflti tod 27,000 16,000 Western Union Teleg 4Mb gold.i960 Gold 5s 151,000 1951 Gold 5s 186,000 .i960 AWestphalia Un El Pow 6s 1953 29",666 100*6 Aug. 100*6 Aug. 12 100*6 Aug. 8 101 Aug. 29 100*6 Aug. " 100*6 Aug. 100*6 Aug. 109*6 Sale Sale 1941 M S Ryref &gen 5 Ms A-.1975 26,000 ARef & gen 5s (Feb '32 coup) B '76 28,000 ARef & gen 4 Ms series O 1978 34,000 ARef & gen 5s series D 1980 18,000 Walker (Hiram) G & W deb 4 Ms 1945 97,000 Walworth Co 1st mtge 4s -1955 11,000 6s debentures. 1955 274,000 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 100*6 Aug. 12 100*6 Aug. 12 100*6 Aug. 12 100*6 Aug. 12 100*6 Aug. 100*6 Aug. 7 106— 1*6 *6 — 72,000 t*AWabash RR 1st gold 5s .1939 MN * 36,000 ASecond gold 5s : 1939 F A 5,000 Alst lien 50-year gold term 4s 1954 1,000 ADet & Chi ext 1st g 5s 1941 2,000 *ADes Moines Div 1st g 4s___1939 J 67,000 lOmaha Div 1st g 3 Ms O 1941 4,000 100*6 100*6 100*6 100*6 100*6 100*6 100*6 100*6 Aug. 12 100*6 Aug. 12 Aug. ~ 106 106 108 1057-fM 2V *a4Ms assented. 1934 Virginia Elec&Pow 3 *6s ser B-. 1968 Va Iron Coal & Coke 1st g 5s—1949 Va & Southwest 1st guar 5s 2003 First 100*1 - _ 23,000 5,000 2,000 27,000 88,000 I' 0*6 Aug. 100*6 Aug. 100*6 Aug. month, and not included in year's n Under the rule sales, only transactions of the current month 'and not included in year's range. Cash sales, only transactions of the current month, and not included in year's range. r x Ex-interest. e The following cash sales were transacted during the current month and are not included in the monthly or yearly range. None. , z The following deferred delivery sales were transacted during the current month and are not included in the monthly or yearly range. None. 1 New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING AUGUST 1940 Stock Sales August Jan. 1 to 1939 1940 Shares. Aug. 31 Bond Sales August 17,372,781 144,204,786 7,614,850 141,886,485 Jan. 1 to Aug. 31. 1940 1939 $79,705,000 1,022,249,000 $111,394,000 1,067,420,000 la accordance with a rule or the Stock Exchange, effective Oct. 3. 1915. all stock* are aow quoted dollars par share. lots except In the case of stocks which sell only In a small way. Prices are on a basirf of 100-share NOTICE—Cash and deferred delivery sales are disregarded In the month's range, unless they are the only transactions of the month, and when selling outside of the regular monthly range are shown In a footnote in the moath In which they occur. No account Is taken of such sales In computing the range for the year. AQQREOATE SALES In Since August Jan. 1 Shares Shares 1,600 6,600 2,500 500 18,700 800 18.6.00 9,400 9,700 3,000 1,400 15,800 "T666 6,600 200 3,700 15,300 400 15,500 1.200 700 100 2,100 3,800 14,200 2,600 600 8,100 1,600 180 17,800 6,800 1,000 19,700 3,200 4,000 200 400 """466 2,800 1,200 90 1,100 200 3,100 2,900 2,100 400 9,100 6,400 100 3,100 1,400 2,200 4,600 100 600 _• 10 500 190 17,400 2,900 500 3,300 1,100 1,100 20,400 2,200 7,100 700 2,100 33,000 400 11,200 4,600 8,000 25 - * * Addressograph Multigraph Air Reduction Inc 10 —-—* Air-Way Elec Appli Corp 76,400 5,340 145,900 45,400 2,190 25,700 106,200 10,500 313,400 58,300 117,300 2,900 14,000 American Bank Note 6% preferred 5%% preferred Corp conv 600 |90 32 48 50 45 Sale 8% Sale 22 % 21% 18% Sale 56 % Sale 1 H American Can American Chain & Cable * 5% conv American preferred 100 Chicle * 170 Am Coal Co of Alleg Co N J.25 American Colortype 10 40,530 42,600 44,400 2,150 43,400 3,400 88,800 79,400 30,500 49,900 342,400 146,600 6,200 53,900 91,200 26,400 61,100 5,500 Am Com Alcohol 20 Amer Crystal Sugar Co.. 10 100 -.1 6% 1st preferred Amer Encaustic Tiling Am European Securities Am & Foreign Power $7 preferred 2d preferred A $6 preferred _* * ♦ * - Am Hawaiian American & 10 Leather 6% conv preferred 1 50 -.1 Amer Home Products American Ice * - Steamship Hide ——— * - 6% preferred ——..100 Amer Internal Corp. * Amer Invest Co of Illinois.-.-* New 1 600 5% conv pref Preferred -— Am Mach & Foundry Amer Machine & Metals American Metal conv Sale Sale Sale 15% Sale Sale 8% Sale 68 X Sale — preferred - American News Co Amer Power & Light-—- 8% Sale 21 Sale 70 74 Sale Sale 6% 10 11% Sale 12% 49% Sale" 52 Sale 106% 113% 133 9% 15 6X Sale 7X Sale 12% Sale 81% Sale 3 4X Sale 6 2 Sale 25 Sale 6% 6% 20% Sale 28% Sale 5% Sale 36 Sale 60 Sale 2% 2% 23% 24% 6% Sale 7% 40 5% o5 25 177 Sale 42 43 18% 105 6 5 Sale Sale Sale 13 Sale Sale 3§S 29% 54% 2% 24 Sale 40 13% 100 Sale 55 Sale Sale * __* * Sale 12% 2% Sale Sale 2% 15% 100% 100% Sale 100 Sale 120 25 15 90 —* Am Radiator & Stand San...* Preferred ——.100 1,730 -.25 330,300 American Rolling Mill— Sale 800 -—.——100 —.——25 6% preferred——— 100 * 275,800 Amer Steel Foundries ————.* 45,900 American Stores * 10,600 American Stove Co 61,800 American Sugar Refining.. 100 Preferred -.----—-100 16,000 * 11,300 Amer Sumatra Tobacco.— 100 28^,100 Amer.Telep & Tel eg-—. —25 54,000 American Tobacco— — 129,600 14,300 Class B - ........ 25 Sale 155 Sale 70 Sale' 8* hS* 11% 66 8% 67% 8%' 142% Sale 12% It* Sale Sale 13 Sale 15 74 Sale 58 Sale Sale 14 14% Sale 15% 162% Sale 75 Sale 76 144 Sale 17 Sale Sale Sale Sale 9 Sale 97 Sale 90 Sale Preferred....—— 100 112,400 204.600 Amer Zinc, Lead & Smelt—1 $5 prior conv pref——26 3.500 Sale — — Anaconda Copper..— -—-50 * 12,700 Anaconda Wire & Cable 28,400 Anchor Hock'g Glass Corp 12.50 — $5 div preferred For foonotes see page 40. * Sale Sale Sale Sale Sale 39% 21% 3% 8% 39 si* 51% Sale Sale 69% 150 Sale 23 Sale 162 Sale Sale 30% Sale *38% Sale 131% 134% 56* Sale Sale Sale 144 Sale Sale 162 Saie 10% Sale Sale 6% preferred — 100 84,000 American Type Founders—10 Am Wat Wks & El——* 476,200 $6 1st preferred———.* 8,300 241,800 American Woolen.———.* 2,610 12% 52% 49 preferred---. 100 18.50 American Seating Co.——* American Ship Building * Amer Smelt & Refining.—. * May 21 70% Feb. 14 Feb. May 22 147 May 22 46% Apr. 47 Aug. 34% May 25 52% Apr. 9 Jan. 5% Aug. 4% May 28 21 Aug. 30 16% June 5 27% Apr. 13% Aug. 22 19% Jan. 12% June 15 43% Apg. 2 58% Jan. 36% June 10 % Aug. 8 % Mar. 11 % June 10 Mar. 26 60 May 21 '77 7 Jan. 8 4% Aug. 5 4 May"21 % Aug. 1 1% Jan. 8 %" June 4 9% Aug. 31 3 5% June 10 14% Jan. 8% Aug. 31 12% Jan. 4 4% May 21 14% Aug. 31 7 17% Apr. May 21 8 22 Aug. 30 15% May 21 26% May 10 61 June 22 73% Mar. 21 8 % Aug 5 12% Apr. 16 6% June 11 157% Aug. 10 135% June 10 182 Apr. 9 14 Jan. 25 9% Aug. 28 8% May 15 16 % Apr. 23 12% Aug. 22 10 June 5 2 6% Aug. 30 9% Jan. 4% May 21 64% Aug. 22 8 55 May 28 73% May 4 33% Aug. 31 21% May 22 41% Jan. 50 110 147 3% Sale Sale Sale 7 6 5 12 20 20 16 16 16 13 16 17 5 -• - . 13% Aug. 1% Aug. Aug. 46% Aug. 15% Aug. 60% Aug. 7% Aug. 41 Aug. 7% Aug. 35% Aug. 131 Aug. 2% Aug. 97 Aug. 178% Aug. 26 Aug. 44% Aug. 19% Aug. 105% Aug. 122 Aug. 11 June Sale 8% 7% 29 Sale 140 57 144 24% 12% 13% 14% 75 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 1 21 Sale 18% Aug. Sale 15% 22% Aug. 14% Aug. 113% 111% Aug. 21% Aug. 26% Alig. 15% Aug. 113% Aug. If* 75 10 9 Jan. June 18 50 5% June May 128 May 1% Aug. 87 May 164 May 18 May 34 May 13% May 100 May 112 May May May May May May May 3% June May 10% May 2% May 9% May 23 May 3 May 23 May 45% May May 18 May 26 9% May 45% Jan. 21 28 21 28 33% May 10 un 18 18 21 27 22 17 15 21 21 28 21 9% 8% 15% 91% 3% 6% is 24 ^ 2 2 3 Apr. 4 Jan. 5 Apr. 18 Mar. 25 Mar. 8 Apr. 16 8 Jan. Jan. 8 Jan. 4 Jan. 8 50 21 May 3 Apr. 23 38 Apr. 22 66% Apr. 3 Apr. 1 23 35 28 24 21 6 May Aug. May May May May May May July 23 29 31 22 25 18 15 28 6 45* !?* 2I* 3 121 June 11 26 15 21 21 21 5 63 54 15 17% 70 12% 11% 37% 21 54 June 5 May May May May 21 Jan. 4 Mar. 20 Mar. 19 Mar. 7 Jan. Jan. Jan. 10% Jan. June 12 163 May 15 May 21 Mar. 29 6 Jan. Apr. 26 Aug. 24 Apr. 27 3 22% Jan. 63 Apr. 24 3 14% Jan. 28 147 70 Mar. Jan. Jan. Mar. 5 Feb. 23 _ Apr. 15 Apr. 11 Apr. 15 Feb. 9 May 25 152% May 1 May 22 3 33% Jan. 14% Apr. 12 18 1 3 70 Aug. 20 93 May 21 18 May 28 175% May 22 89% May 21 91% June 28 June Feb. 23 Mar. 13 Mar. 12 Apr. 15 Apr. 9 May 3 8 5% Apr. 12% Jan. 4 11 101% Apr. 15 12 Apr. 23 May 21 25% May 21 May 22 35 4 June 10 18 May 21 20 May 21 12% May 21 June 5 17% Jan. 23% Feb. 23 4 151 May 21 May 21 6 107 Jain. Jan. 21 112% Apr. 22 28 uo* May 9 23 Feb. 23 21 83$ 18 21 116% Jan. 29 27 178% Aug. 31 22 2 3 June 28 July 2% , May May May 12% May 11 3 3 13 19 145 69 70 136 Jan. 24 135 June May May May May 4 Apr. 15 9 35 9 6 9 Jan. 12% Apr. 11 8 Jan. Apr. 22 Apr. 5 June 28 16 9 Aug. 7 17% 157% Aug. 16 162% 2 7 72% Aug. 20 76 73 Aug. 26 7 77% 142% Aug. 9 145 5 3% Aug. 13 5 3% 1 7% Aug. 13 9% 90 1 89% Aug. 12 Aug. 8% Aug. 13 9% Aug. 30 35% Aug. 14 41% Aug. 30 2 4% Aug. 16 5% Aug. 42 16 6 8* 21% Aug. 26 11% Aug. 15 12 Aug. 27 12% Aug. 13 70% Aug. 20 10 May 15 9% May 28 38% May 28 12% May 22 41% Jan. 12 10 Aug. 13 6% Aug. 30 8 4% Aug. 15 5% Aug. 8% Aug. 20 9 Aug. 12 1 78% Aug. 14 80 Aug. 2 1 1% Aug. 1% Aug. 4% Aug. 31 4% Aug. 31 1 1% Aug. 14 1% Aug. 8 14 16 Aug. Aug. 31 3 4 Aug. 13 Aug. 31 11% Aug. 12% Aug. 30 31 26% Aug. Aug. 31 1 3% Aug. 14 4% Aug. 26% Aug. 13 26% Aug. 13 2 49% Aug. 16 54% Aug. 1% Aug. 20 1% Aug. 2 6 20% Aug. 16 22 Aug. 3 Aug, 16 3% Aug. 22 3 40 Aug. 9 40 9 Aug. 30 12% Aug. 29 13% Aug. 24 12% 49 7 51 Aug. Aug. 13 14 2 11% Aug. 16 Aug. 51 59 2 Aug. 14 Aug. 38 11% Aug. 13 1 12% Aug. 10 3 Aug. 22 2% Aug. 17 1% 14 Aug. 13 16% Aug. 31 12% 92 92 Aug. 23 Aug. 23 90 1 23 21% Aug. 6 Aug. 20% 3% Aug. 1 3% Aug. 16 2 48% Aug. 13 52% Aug. 29 34% 45 41% Aug. 13 Aug. 29 28% 5% Aug. 13 7% Aug. 31 4% 5 146 146 Aug. 5 135 Aug. 10 Aug. 16 11% Aug. 31 9% 59% Aug. 19 65 Aug. 31 48% 3 8% Aug. 8% Aug. 10 7 1 7 Aug. 7% Aug. 22 5 25% Aug. 17 1 30% Aug. 23 33% Aug. 16 39% Aug. 30 30% 5 138 134% Aug. Aug. 29 122 6 55% Aug. 15 56 Aug. 51% 142 1 144 Aug. 3 139 Aug. 25% 14% 112 17 16 ~ 1 % 13 conv 1 6 4 Sale Preferred 118% Aug. 15% 12 13 9 15 13 15 14 13 6 29 1X8 21% 5% 62% 29% 25 13 Sale 1%. 26% 11 Aug; Aug. Aug. Aug. Aug. Aug. Aug. 13 7 3% 1% 14% 3% 8~" 16 8% Sale 80 - 12% Aug. 1% Aug. Aug. 40% Aug. 14 Aug. 50 Aug. 6% Aug. 36 Aug. 6% Aug. 32% Aug. 129 Aug. 1% Aug. 93 Aug. 173 Aug. 48 Amer Safety Razor 1 22 13 30 15 1 4% Aug. 15 % Aug. 10 7% Aug. 16 6% Aug. 14 12% Aug. 15 18% Aug. 16 10 118% 122 13 5% 21% Sale 3% Sale American Snuff 6% Sale 63% 70 , 33% Sale Sale ——— Aug. Aug. Aug. Aug. Aug. Aug. 19% 107% Sale 4%% 12% 6% 36% Sale 17,240 41,700 29,425 32,100 242,500 13,100 14,000 , 129% 135 2% Sale 95% Sale 174 - 156% 148% 9% 9% Sale -* 117,500 789,000 9% 12 * - 4% 17% 12% 38% % Sale Sale ————-_* $6 preferred $5 preferred 22 43 Sale Sale 4% Sale % Sale— 9% Sale 8% Sale 14% Sale 12% Sale 178% 31X Sale 130 45 47% 5% Sale 22% 13% 14 41% Sale % 21 14 60 175 50 47 20 Sale Sale 44 X Sale 131 138 23 67 Sale X Sale 113% 58% Aug. 30 154 Sale 9% 11% 40% 14% 55% Sale 6 Highest Sale Prices 55% Aug. 16 150 16 49% Lowest Sale Prices 40 —8%~wSale~ 63 15 Highest Sale Prices 159% -8% —%— 32% Sale 50 Amer Locomotive 6% Sale 1 * 100 Sale 67 10 .....25 -.100 - Preferred "4% Sale 40 X 15% 2% Sale Lowest Sale Prices " Sale 13 Sale 20 X 46 Amer Car & Foundry— Preferred., 5% Sale 18 17% 13% 13% 42% Sale % Sale Ask 57 117 40 12 100 Sale 141 32 10 Amer Cable & Radio 58% 117 14 50 Sale 48 10 82,706 1,312,700 1,200 68% Sale Aug. 31 Ask Bid Bid 42% * American Bosch Corp. ——.1 Am Brake Shoe & Fdy * Ask 144 5 * 100 * 350,000 American Airlines Inc 8,600 15,700 1,340 3,800 1,300 1,020 14,900 1,100 - Adams Express Adams Mil lis .* 14,800 Alpha Portland Cement 1 28,700 Amalgam Leather Cos. Inc 6% conv preferred 50 5,000 —_* 36,300 Amerada Corp * 28,000 Am Agric Chemical (Del) 186,200 31,700 73,700 27,800 67,200 1,400 10,700 387,800 82,800 890 * 7,300 Allied Kid Co 116,100 Allied Mills Co Inc 273,900 Allied Stores Corp 5% preferred 10,500 247,700 Allis-Chalmers Mfg.--.- 300 13,900 3,000 4,600 48,800 _* -100 — Bid * 30 Ala & Yicksburg Ry Co 100 174,800 Alaska Juneau Gold Min—10 6% 152,300 Allegheny Corp. * —1 Pref series A $30 warr'ts.100 184,800 13 Pref series A $30 ex-war. 100 39,200 11% $2.50 prior conv pref 31,100 .* 14*4 336,300 Alleghany Ludl'm Steel Corp * 21% 100 Alleg & West Ry 6% gtd—100 4-1,400 Allen Industries Inc._---.i-i 89,800 Allied Chem & Dye * 176 X 11,500 4,800 4,500 2,600 3,600 100 Aug. 1 125,000 27,200 19,600 230,100 13,600 1 1940 Par 380 Abraham & Straus 19,900 Acme Steel Co RANGE SINCE JAN. Jan. 2 31,000 Abbott Laboratories 370 4% conv preferred 1,800 PRICES IN AUGUST Price STOCKS N. Y. STOCK EXCHANGE 4 52% Apr. 23 8% Apr. 10 45% Apr. 22 32 Apr. 9 41% Apr. 8 22% Mar. 8 113% Aug. 23 V N. Y. STOCK EXCHANGE-STOCKS 33 AGGREGATE SALES Since August Jan. 1 500 8,400 20,600 15,100 12,300 23,400 3,900 659,500 60,300 "¥,866 102,700 19,200 35,500 1,000 500 800 1,500 140 "5",900 108,400 3,000 6,600 5,200 10,030 342,600 300 800 500 1,050 16,700 2,600 8,900 300 200 9,100 11,400 2,800 700 120 1,000 2,300 570 86,400 30,500 8.700 3,300 2,300 270 1,500 900 - 290 " — 8,300 2,100 40 2,200 Aug. 1 Mining Co—20 Co Inc —5 Archer Daniels Midland. -—* Armour (Del) 7 % preferred-100 Armpur of Illinois-----5 $6 convertible prior pref. .--* 7% preferred 100 Armstrong Cork C° —-—L Arnold Constable Corp 5 Artloom Corporation ——* 7% preferred 10 0 Associated Dry Goods- 1 6% 1st preferred— 100 7% 2d preferred ---,100 Associated Investment Co.-.* 5% preferred. 100 Atchison Top & S Fe 100 5% preferred— 100 Atlan Coast Line RR---—100 20 800 1.100 25,166 4,900 300 2,200 92,800 2,200 2,200 2,200 3,600 500 50 40 31,800 7,100 240 170 1,200 15,400 16,400 . 200 1,300 3,200 15,900 30,400 1,300 900 37,100 94,900 300 2,500 "7",906 9,800 220 15,000 2,050 13,500 13,800 5,500 13,700 7,600 4,500 1354 Andes Copper Sale A P W Paper Sale Sale Sale Sale 58 Sale 954 9654 815,900 222,800 77,400 31,100 8,850 58,100 15,300 2,920 194,300 91,400 Baldwin Loco Wks vt tr Baltimore & Ohio--- —-25 Bar dot Asphalt Corp. Barker Bros Bayuk Cigar Inc.-— --*• 1st preferred 610 100 25 66,700 Beatrice Creamery.. $5 preferred with warr____* 1,500 Pref ex-warrants.—-* 800 "280 Beech-Creek—R4^-Co=-i—=-=^-=o0~ 6,500 Beech-NutPacking^-----—--2(h * 22,400 Belding-Heminway 500 Belgian National Rys part pref 5 720,700 Bendix Aviation Corp. 75,300 Beneficial Indus Loan Corp.-* Prior pref $2.50 div ser '38-* 7,500 — * 33,600 Best & Co 1,554,500 Bethlehem Steel Corp (Del)--* 7% preferred-. 100 47,700 27,500 Bigelow-Sanford Carpet Inc.-* * 31,500 Black & Decker Mfg Co * 162,000 Blaw-Knox 5 11,100 Bliss & Laughlin Inc 950 Bloomingdale Bros —* 100 900 Blumenthal & Co pref * 759,100 Boeing Airplane Co 5 69,800 Bohn Alum & Brass Corp * 4,010 Bon Ami class A_. Class B— * 5,820 —1 52,900 Bond Stores inc 15 223,100 Borden Co (The)----.5 306,100 Borg-Warner Corp--— 100 9,200 Boston & Maine KR 6 39,500 Bower Roller Bearing Co - - " 77,300 Brewing Corp of America. -.3 Bridgeport Brass Co —* Briggs Manufacturing * Briggs & Stratton —-* Bristol Myers Co 5 Brooklyn & Queens Transit—* Bklyn-Manhattan Transit—.* $6 preferred series A* Brooklyn Union Gas— * Brown Shoe, Inc * 244,400 291,800 7,500 16,600 261,000 980,800 50,100 82,800 3,600 122,500 116,000 2,650 205,700 15,520 215,600 123,700 51,100 229,200 141,800 107,300 Brunswick-Balke-Ooll-Bucyrus-Erie Co * 7% preferred-Budd (E G) Mfg Preferred 7% Budd Wheel Bullard Co - Bulova Watch Burlington * ---5 100 * 100 — — * * * Mills Corp. Burroughs Add Mach Bush Term Co 67 75 Sale Sale 854 854 5 454 102 70 554 Sale 74 54 Sale 64 68 63 69 3454 33 36 Sale 454 Sale 1554 Sale 8954 1654 Sale Sale 48 Sale 12H 2 54 109 7 45 6254 11454 554 254 15 454 Sale Sale Sale Sale Sale 1554 29 if* iijf - "Sale Sale if 11454 273 1073 10854 Sale - —- 33,, 9 47 20 Sale 121 35 3054 854 454 89 9 —5 54 % preferred--—- - -—- 50 Barnsdall Oii Co— -—-——- -5 75 30 9754 12354 100 --10 35 Sale Sale 65 SO ~31~~ 126—Sale' 954 Sale Highest Sale Prices 9 Aug. 1 254 Aug. 24 2954 Aug. 30 104 Aug. 29 454 Aug. 31 44 Aug. 31 9 1054 854 Aug. 14 2 2 Aug. 22 254 154 254 26 30 Aug. 8 2654 2954 2854 108 10154 Aug. 13 104 10254 105 Sale 454 Aug. 16 454 Sale Sale 3754 Aug. 17 4054 Sale 3951 Sale Sale ctfe-13 100 Ask 110 Sale Sale 4754 .4854 64 6354 Sale 114 120 11654 Sale 6 654 Sale 254 2 54 1754 Sale 1554 Sale 454 Sale 46 „ 1554 Sale 354 Sale 4 54 Sale 854 Sale 38 3954 10 1054 454 554 -222r-25 854"Sale" 2754 Sale 11154 113 2254 23 106 104 4954 Sale 12 10 854 1154 1454 2154 Sale 10754 110 7 112 112 —•~"32~" 110—us * 854 1554 Sale 4 Sale 5 10 Sale Sale 41 42 Sale 10 Lowest Lowest Sale Prices Aug. 31 Ask Bid Sale 854 6454 3254 109 54 4% preferred 100 Bangor & Aroostook..-..--50 Bid 10J8 Sale Sale Sale 1 5% conv preferred 1054 954 78$ 100 - — Ask 4,600 4% conv pref series A—100 -5 258,700 Atlas Corp 6% preferred— 50 54,700 * 15,200 Atlas Powder 5% conv preferred —100 2,810 * 29,700 Atlas Tack Corp —* 60,420 Austin, Nichols & Co 9,390 $5 prior A —* 3 1,141,600 Aviation Corp (Del) The 300 1 1940 Par 30,500 111,700 26,900 Atl G & W 1 «S Lines 5% preferred23,500 252,400 Atlantic Refining RANGE SINCE JAN. Jan. 2 EXCHANGE Shares Shares 700 900 PRICES IN AUGUST Price STOCKS N. Y. STOCK In 554 Sale "245T~25~ 2954 Aug. 13 754 Aug. 27 4 54 Aug. 19 33 Aug. 31 854 Aug. 28 454 Aug. 30 5 Aug. Aug. 6354 Aug. Aug. Aug. Aug. Aug. 1054 Aug. Aug. Aug. 21 Aug. 10754 Aug. 7 Aug. 45 Aug. 61 Aug. 114 Aug. 5 Aug. 2 Aug. 15 Aug. 65 1* W* J* 4 1354 354 454 854 3654 954 454 "23* 8—Sale 2754 11254 2354 10654 754 2654 2854 115 11154 2254 2354 112 104 112 16 554 Aug. 31 29 Aug. 16 13 67 Aug. 1 1.6 Aug. 12 88* Aug. 6 14 90 1654 Aug. 31 16 1 4954 Aug. 12 1254 Aug. 30 17 15 954 Aug. 5 30 1254 Aug. 30 Aug. 12 2 23 Aug. 6 21 109 754 Aug. 7 1 2 48 54 Aug. 30 13 6354 Aug. 30 7 29 11654 Aug. 554 Aug. 30 14 254 Aug. 30 7 20 1754 Aug. 31 554 Aug. 6 Aug. 16 1554 Aug. 4 Aug. 5 Aug. 10 Aug. 41 Aug. 1054 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug, Aug. Aug. Aug. Aug. Aug. 31 31 30 31 30 2 554. Au&Jil Sale 9754 5854 2254 654 354 9654 454 65 4954 2954 82 13 3954 954 854 954 1854 102 7 , 3954 8054 Sale 115 Sale 3054 Sale 21 Sale 1054 Sale 23 15 50 Sale 1754 5654 2254 Sale 2354 Sale 12154 64 $ale 2254 21H 2554 2354 Sale Sale 254 254 3354 Sale 6 654 1154 Sale 65 1454 27 Sale Sale Sale Sale Sale 3 Sale Sale 23 Sale Sale Sale 38 Sale Sale 108 39 103 Sale Sale Sale 24 Sale Sale * Sale 1 Sale Depos. ctfs. 7% pref .—100 Sale Sale 63 1554 2654 3254 Sale 2754 1854 5154 2854 73 12154 118 22 1954 Sale 17 Sale 754 18 1554 13 1154 & 27 65 1254 2454 105 105 104 10854 Sale 55 60 57 58 23 22 24 2254 2354 1954 Sale 1954 Sale 1854 1754 Sale 1554 1654 Sale 154 154 154 154 154 Sale 35 34 37 3354 554 Sale 954 Sale 1854 Sale 35 37 4254 Sale 2254 Sale 38 52 1H liS 55 115 1754 Sale 29 21 32 8 Sale Sale 106 Sale 354 Sale 3 Sale 5 2754 2654 1754 754 254 Sale 29 Sale Sale Sale Sale Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. .8 6 16 19 2 16 20 16 14 ii 14 26 14 14 17 14 13 22 31 Aug. Aug. 5154 Aug. Aug. 8054 Aug. 12154 Aug. 2254 Aug. 19 Aug. 854 Aug. 1754 Aug. 1254 Aug. 68 Aug. 1554 Aug. 2754 Aug. 109 Aug. 60 Aug. 2354 Aug. 1954 Aug. 1754 Aug. 154 Aug. 36 Aug. 20 5 Sale 454 Aug. 19 554 1054 Sale 854 Aug. 16 1054 18 2054 Sale Aug. 13 2054 33 34 H 3154 Aug. 26 3354 4054 4254 4054 Aug. 21 4254 1 354 Sale 354 354 Aug. 23 2354 Sale Aug. 16 2454 6 11454 11454 118 11454 Aug. 1754 1654 1654 Aug. 6 1754 2954 3054 20 2254 2254 Aug. 16 2254 854 Sale 754 Aug. 6 854 1 10854 10554 10854 105 Aug. 4 Sale 2 454 354 Aug. Sale 40 9 3754 Aug. 4154 Sale 454 Aug. 13 554 33 Sale 26 Aug. 13 3354 24 3054 Sale Aug. 14 3054 17 1854 Sale Aug. 14 £1854 8 754 Sale 754 Aug. 26 2 254 Sale 254 Aug. 14 Jan. May 8 June 11 _4 12 10 27 30 22 22 20 4 4 4 33 11 8 16 Mar. 26 Jan. Mar. 8 Jan. 3 Apr. 24 Jan. 3 Apr. 20 Apr. 20 May 7 25 19 14 13 10 4 4 4 15 195* May 10 2 65* Jan. 14}i May 21 854 May 21 Jan. Jan. Jan. 52} 1654 Apr. May_!5i_ 8 Jan. May 21 2954 Mar. . . , 3 5 4 4 9. 6 4 June 10 1354 Jan. May 21 3654 Apr. 17 June 10 115 Mar. 12 May 21 3554 Apr. 16 May 28 11254 Apr. 22 June 17 105 Ma y 7 [May 14 32 Apr-11 Jan. 24 May 22 127 June 11 95 Apr. 9 Feb. 27s 675 Apr. 2 May 28 36 Apr. 9 May 22 2254 Mar. 13 June 25 5654 Jan. 18 Jan. 3 May 21 39 May 23 89 54 May 10 May 22 12554 May 10 May 21 3454 Jan. 5 4 May 15 2254 Apr. 4 May 15 1154 Jan. 3 May 21 2354 Jan. 3 May 14 16 Apr. 31 13 2 30 2 29 10 30 1 2 9 28 31 2 2 5 28 2 23 13 5 June 27 Aug. May May May May June May May May 1 Aug. Aug. 31 Aug. 31 Aug. Aug. 5 Aug. 5 Aug. 6 Aug. 1 Aug. Jan. Jan. Jan. May May May May May May May May 5 30 29 12 12 31 Jan. 30 30 May May July May 2 2 2 80 Mar. 2 16 2854 Apr. 22 2954 May 5 23 12354 Jan. 22 7054 Mar. 20 28 2954 Apr. 25 10 2454 Mar. 27 2l 2554 Jan. 3 18 254 Jan. 4 22 3754 May 8 May 23 May 21 May 22 May=22 May 23 *! Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Jan. 7 110 34 Aug, 30 854 Aug. 9 2854 Aug. 21 11454 Aug. 21 2354 Aug. 28 2 June 1254 May 23 May 15 May 16 24 17 2 Apr. Apr. Feb. Apr. Apr. Apr. Apr. Apr. Apr. Jan. July 5 May 23 954 Mar. 4354 June 5 51 Feb. 57 May 23 8054 May 11254 June 11 12454 Jan. 4 May 2jl 854 Mar. 154 Feb. 7 554 Mar. 10 May 21 3254 Mar. 4 Aug. 16 854 Apr. _ Sale Sale 1554 454 3554 June 6 11054 May 21 754 May 21 6454 68 Jan. 4 May 21 4354 11 May 22 May 22 954 Jan. 12 102 9 May 22 Aug. 29 80 May 22 85 June 18 45 May 23 10054 May 21 2554 May 21 5754 May 22 2354 June 6 2254 June 5 2254 May 21 27 54 June 4 35 30 3154 Aug. 23 •11254114* 1X4—Aug. 16 116 Aug. 13 8 854 854 Aug. 754 Aug. 20 2 31 2954 Sale 20 1854 1854 50 5154 5154 29 2754 7954 Sale 121 12054 Sale 20 1954 1854 19 17 1754 854 Sale 854 Sale 1654 16 12 13 1154 Sale Prices 154 June 17 23 6354 Sale Sale Highest Sale Prices 8 May 21 7 Mar. 15 1354 Apr. 29 2354 Apr. 8 * 39 & Feb. 5354 Apr. 5 354 Aug. 30 2454 Aug. 3 11454 Aug. Jan. 21 21 Apr. 30 21 2954 Apr. 6 9 23 1054 Feb. 28 111 May 7 Jan. 5 23 Jan. 5 21 22 654 Feb. 17 19 3354 Aug. 30 Mar. 7 21 33 Jan. 10 22 Jan. 3 3 21 Apr. 22 ii Bush Terminal Bldgs— 710 1,700 1,100 36,900 2,500 310 1,500 6,300 6,390 46,000 14,000 105,600 59,200 4,330 18,000 94,800 800 13",600 186,200 205,600 11,700 4,100 8,300 119,000 469,100 50 490 34,000 1,400 497,500 400 270 10,700 3,950 2,000 41,500 32,200 35,000 2,710 139,500 590,600 24,400 257,400 2,020 52,000 72,600 2,540 12,500 40,400 4,200 250 1,400 2,900 2,700 160 8,600 26,400 810 4,800 210 1,800 4,500 310 300 1,600 500 10 Butler Brothers 10 5% conv preferred...—-30 Butte Copper & Zinc —__5 Byers (A M) Co * Partic preferred 100 Byron Jackson Co -—* Calif Packing Corp * 5% preferred----. 50 Callahan Zinc-Lead 1 Calumet & Hecla Cons Copper 5 Campbell W & C Foundry * Canada Dry Ginger Ale -5 Canada Southern Ry Co 100 Canadian Pacific Ry— 25 15,500 Cannon Mills .-.-* Capital Admin Co Ltd cl A-.l $3 preferred class A—---10 Car Clinchfield & Ohio Ry—100 Carpenter Steel Co ; 5 Carriers & General Corp.. 1 Case (J I) Co 100 7% preferred 100 Caterpillar Tractor * Celanese Corp. of America * 7% prior preferred 100 Celotex Corp ........ * 5% preferred ---100 Central Aguirre Associates * Central Foundry Co ..1 Central 111 Lt 454 % pref 100 ^Central RR of N J_ .100 Central Violet a Sugar Co Century Ribbon Mills-..—.* Preferred 100 350 For footnotes see page 40$ 2054 454 Sale 81 1554 7 Sale 5 Sale 20 1954 354 Sale 754 Sale 5554 Sale 1254 Sale \\* Sale 4854 Sale Sale Sale Sale 654 3854 8654 2554 Sale 7454 Sale Sale Sale Sale Sale 65 Sale 1954 Sale Sale 5854 Sale 53 Sale 4954 53 654 14 54 1454 Sale Sale ~~4~- Sale M Sale Sale 33 Sale 354 3654 91 28 Sale 154 Sale Sale 3 454 Sale Sale 34 354 3754 8754 2854 254 2954 254 254 49 50 5254 109* 10954 109 4654 4754 Sale 2954 Sale 2954 11754 11854 119 654 654 Sale 3554 4 54 "89" 2954 5054 112 Sale Sale 11754 Sale 52 53 52 57 1754 1754 1754 1754 2 Sale Sale 5 Sale 3 Sale Sale 554 Sale £1254 Sale 111 102 7 54 17 Sale 354 ~ Sale Sale Sale 754 454 1854 454 754 5554 1154 5 3 90 354 Sale 354 102 nf Sale 11254 354 454 454 354 8i* 102 654 454 1854 354 Aug. Aug. Aug. Aug. 654 Aug. 5354 Aug. 1054 Aug. 16 Aug. 1 Aug. 16 17 23 7 27 22 29 13 1 5 54 Aug. 2 1154 Aug. 17 1354 Aug. 28 36 7 Aug. 9 254 Aug. 33 Aug. 354 Aug. 3654 Aug. 87 54. Aug. 26 Aug. 254 Aug. 47 Aug. 108 Aug. 4254 Aug. 2654 Aug. 117 Aug. 554 Aug. 52 Aug. 17 Aug. 154 Aug. 110 Aug. 3 Aug. 454 Aug. 254 Aug. 90 Aug. 1 27 1 12 754 Aug. 154 654 1454 1554 3754 4 34 354 3754 91 2954 19 254 23 5254 26 10954 17 19 16 13 16 5 15 14 17 26 14 1 5 1 Aug. 2 1954 Aug. 5 Aug. 22 754 Aug. 10 57 7 Aug. 1154 Aug. 31 1 1754 Aug. 48 3054 11854 654 53 54 1854 254 11154 354 5 29 3 14 90 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 3 30 31 1 1 22 12 3 20 1 5 2 10 13 1 2 8 1 13 2 1 9 14 1 7 14 554 454 1754 254 654 May May May May May 39 May 9 May 14 May 5054 July 1 May 454 May May 1154 May 34 July 254 May 2954 May 354 May 3654 Aug. 7554 June 2254 May 2 May 3954 May 11 100 June 4254 May 20 May 10554 May 5 May 48 June 17 Aug. 154 May 106 June 254 May 4 May 254 Aug. 90 July Apr. 22 Jan. 4 2354 Apr. 3 4:H Aug. 28 Jan. 3 im Jan. 3 4 1554 Jan. 9 2654 Feb. 5254 Mar. 13 J Feb. 21 Feb. 21 Apr. 18 3 2354 Apr. 40 Apr. 17 654 Mar. 4054 Jan. 6 Apr. 45 May 91 Aug. 32 54 May 75 'itS Jan. Jan. Jan. Jan. 6 3 4 1 1 9 3 4 5 4 3554 Apr. 29 Apr. 8 Feb. 15 11* 72 May 1 2654 Apr. 22 3 354 Jan. 11454 Mar. 9 554 Apr. 5 1154 May 10 119 6 100 Mar. 7 Apr. 16 AGGREGATE SALES 1940 Shares 127,400 Cerro de Pasco Copper 120,300 Certain-Teed Products 6% prior preferred 62,430 10,000 Chain Belt Co Champion Paper & Fibre 6% preferred | 1,500 Ask Par Bid — * 38 — 1 100 Sale Sale 20k 19 H Co— 103 25)4 26 16)4 17 4 k Sale 41 Sale 93 95 2 2)4 101 100 7k Sale k % M o k Sale Sale 10 28k 31k 43 48 k ka k k k k 8k {Chicago It I & Pacific 100 7% preferred 100 6% preferred —.100 Chicago Yellow Cab——---* 9 10k 2k 22 k 10k Sale 25 —o 74 Sale 10k Sale 6 k preferred—..—.—100 City Investing Co—...... 100 —5 19,800 City Stores 85 Chickasha Cotton Childs Co 890 Chile Copper.. 955,200 Chrysler Corp 47,100 City Ice & Fuel Oil.——.10 -* *o 6,600 5% preferred Cleve Elec 111 $4.50 ser 100 -100 pref..* 113)4 114 k' 3,170 63,400 Cleve Graphite Bronze (The).l L _560 Cleve & Pitts RR Co 7% gtd-50| Special gtd 4% stock 50 210 170,800 Climax Molybdenum Co——-* — * 270,900 Cluett Pea body & Co.. ....—100 Preferred 1,260 Coca-Cola Co (The)—..-—-* 41,500 Class A... 4,900 373,200 Colgate-Palmolive-Peet Co.— * $4.25 preferred ——* 1,700 Collins & Aikman * 56,700 5% conv preferred 100 2,680 Colorado Fuel & Iron Corp..* 54,400 Colorado & Southern....-.100 2,510 4% 1st preferred..—.—100 8,490 4% 2d preferred ....100 690 Columbia Broadcasting ... _ Solvents.-..-.--* 729,300 Commonwealth & Southern..* 1,322,900 Commercial $6 preferred .——.—* 70,400 Commonwealth Edison Co..25 917,800 Conde Nast Publications——* 62,400 Cong oleum-Nairn Inc — 37,800 Congress Cigar —Certificates of deposit "9,000 * -* -10 Corp—.—-.1 Consol Aircraft 273,100 Consolidated Cigar..--------* 126,700 7% preferred-.-. —100 1,750 6k% prior pref. 100 3,390 nz-, M,....ConsolOopperminesCorp.—5 522,900 726 200 47'30n' 17 Consol Edison $5 preferred 7001 Consolidated 35 k Sale 76 "77k 45)4 39 k 35 k Sale Sale 130 k 118 Sale 62)4 65-18 k Sale 33 k Sale 110 18 k 4 k 5 4k 19 k Sale Sale 5 Co of N Y Inc.* --* 78 94 k Sale 19 k 46 k Sale Sale 105 Sale L07k 110 k L03 k 52 k 14 Sale lk Sale Sale Sale 70 k 32 k 5k 23 8k 5,000 Cushman Sons $8 preferred Sale Sale 9k see page 40. 6 Aug. 46 Aug. 27 k Aug. 21 k Aug. 23 ar9 10 lk Aug. 28 Aug. 16 20 68)4 Aug. 16 9k Aug. 15 88 Aug. k k k k 8 k 23 k 11" Aug. 22 Aug. 13 142 Sale 59 11 Sale 14 Aug. 14 34k Aug. 78" Aug. 47 k Aug. 28k Aug. 19 35 13 8 Aug. May 22 k May 20 k July 23 k May 21 7 k May 21 9 May 21 lk Aug. 28 Aug. 16 May 28 20 53 k 9 k Aug. 15 88 Aug. 2 24 3 k 2k Aug. 5 3k 2 Sale 99 Sale 95 36k 102 k 9k 19k Sale 103 Sale lk Sale 60 k Sale 30k Sale 2k Sale 17k Sale 12 12k 12 Sale 21k Sale 80 85 Sale Sale 5 k 29 Sale Sale lk Sale 2k 107 k 7k 2k !S Sale 94 k Sale 7k Sale Sale Sale 29 k 61 Refining—---25 64 k 100 172 k Sale Sale 180 Sale Sale Sale 105 Sale Sale . 2k 16k 12 k 12k 22 * Sale 106 k Sale 7k Sate* lk 14 0J* Sale Sale Sale 82 Sale 7k 2 k 2 k Sale 6k 99 Aug. 1 81k Aug. 72 Aug. 59 Aug. Aug. Aug. 31 Aug. 17 Aug. 6 Aug. 12 Aug. Aug. 2 1 Aug. 20 Aug. 13 82 5 27k Aug. 14 k Aug. 26 6k Aug. 15 5 2k Aug. 6 Sale Aug. lk 2k 15 14 13k 101 101k 100k 12k 14k Sale 9 8k 1 k 80 .*79 78 k Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 7 Aug. k Aug. 7 k Aug. 21 2 2k Aug. 14 14 3 Aug. 21 13 k Aug. 22 1 100 k Aug. 30 13 2 Aug. 15 1 3 8k Aug. 1 k Aug. 80 Aug. 13 15 3 13 108k Feb. 56 10 Apr. 21 97 •Time Aug. May 21 June Jan. May May 4k May 23 May 97 k May Aug. 5 May 2k May 5k May June 2k 8k 93 k 9k 7k May May May May May May 70 June Sale it* 13* 15H Sale 4 4k 23 4k 4k 27k Sale Sale 87 k Sale 85 k 30k 83 k Sale 29 k Sale 92 Sale 2 4k Sale 4 k Sale Sale 66 Sale Sale 22 2k Sale 82 90 53 60 45 18 Ilk 22k Sale Sale Sale Sale 80 50 18k 4k Sale nt* 4k Sale 25 23 Aug. 12 4k Aug. 23 15k 87k 30k Sale 83 1 95 Aug lk Aug. 12 3k Aug. 15 2 15k Sale 87 k 2k J* 69 k Aug. 22 k 2 23 k Sale 40 k 8k Sale 8 Aug. Aug. 15 6 Aug. lk Aug. 27 38 Aug. 16 6 k Aug. 7 Sale 23 k Aug. 27 k 70 42 Ilk Sale 60 10 22 41k Aug 8k Aug 27 k Aug 3k May 1 irA ii" 1 75 5 25 12 6 12 28 30 27 24 6 22 31 31 18 June July June May May May 64 May lk May 3 k Aug. 60 May 9k May 19k June Aug. 31* June 6k July May Aug. 17 k Aug. 3 Aug. arl9k Aug. 30 5 3 k Aug. 5 16k Aug. 45 5k Aug. 24 8 Aug. 112 45 Aug. 14 k May 3 May 13 k May 3k May 107 June 8 6 3 17 29 12k July 8 31k Apr. 15 16 Apr. 8 92 Apr. 9 95 Apr. 5 9k Feb. 21 32 k Apr. 5 110k Mar. 25 ' Jan. 3 10k Apr. 4k Apr. 8k Apr. 4 4 9 Jan. 3 2^ lot* 15H Apr. 29 Mar. Feb. 2 7 Apr. 24 Jan. 10 lk Apr. 4 97 k Jan. 10 49 k 116k 9k 40 k Apr. 9 Jan. 26 4 k Feb. Apr. 9 Mar: '5 2 25 Jan. 5 33 Apr. 8 8 8 25k May 70 May 61k Jan. i?iH LI 3 Jan. 4 May Apr. Apr. 8 8 24 k Jan. Jan. 32 k Feb. Jan. 105 Apr. June June 45 3k Aug. 15k Aug. 4 k Aug. 5k 5k 110 111 Aug. up 6 Aug, 4k Aug 68 Aug 11 Aug 23 Aug 2k Aug 23 80 49 20 19k 3k Sale 16 15 13k Aug. 13 84k Aug. 14 26k Aug. 17 39 11 12 31 Sale 41 62 4k Aug 27 k Aug 39 k 39 k 1 41 Aug. 13 37k Aug. 4k 2 Aug, Aug, Aug Aug, Aug, Aug. 37 40 2 7 Aug. 13 24 24 k Feb. 13 k Feb. Jan. 33 May Aug. 30 39 k Sale 36k Aug. 14 40 114k Aug. 14 114k Aug. 27 106 k May 113k 115 3 May 16 4k 6k 6k Aug. 5k Aug. 6k 2 27 k May 36 Aug. 34 Aug. 29 36k 35 k Sale 2 9 May Sale 3k Aug. 31 Sale 2k Aug. 16k June Sale Sale. 17k Aug. 14 18k Aug. 28 18k May 23 20 Sale Aug. 31 Aug. 16 23 Sale 22 1 15k Mar. 17 Aug, 16 18k Aug. 18 k Sale 18k Sale 47 May 52 56 Aug. 16 54k Aug. 12 54 56 6 41 May 49 k Aug. 48 k 49 Sale 47k Aug. 20 50 44 k May 47 Aug. 16 50k Aug. 27 50 k Sale 49 k Sale 1 165 May 169 Aug. Aug. 16 174 Sale 174 173 k 180 8 4 7 May 5k Aug. 5k 5 4k Aug. Sale 5 8 1 July k Aug k Aug. Sale % Sale June 7 20 Sale Aug, 31 20 15k Aug. Sale June 75 2 98 k Aug, 27 98 97 k 94 k 94k Aug. 95 24 6k Jan. May dH May k Mar. 16k Apr. 5 lk June 28 73 k Jan. 8 33 Apr. 8 k May 22 114k 120 3lK it* 4 113 25 k June 10 Sale 39 48 May 21 75 22 17 Jan. June 7 63 1 6k Aug. lk Aug. 13 7 10 June 17k June Aug. Aug. 19 108 106 June Aug. 31 5k Aug. 29 k Aug. 8 98 k Apr. 4 8k Mar. 15 23 k Jan. 29 Aug. 31 85 Apr. May 29 May 21 May 24 Aug. 27 73 27)^ 93 k Apr. 8 79 Jan. 26 8 10 Aug. 23 Feb. 14 Mar. 30 95 42 3 10 6 32 8 10 1 8k Aug. 12 69k Aug. 29 I Aug. 12 Aug. 2 Aug. 17 k 12k 12 k 22 k 65 6 Jan. 30 | Apr. 26 Apr. 18 July 8 3 June 81k Aug. Aug. 1 8 Apr. Jan. 26 26 k Mar. 12 Mar. 12 May 22 67 k May 28 4 k 61 8 _ May 21 May 21 16 31 2k Aug. 15k Aug. 3 lk May-15 May 17 May 22 12 k May 21 Aug. 20 5 12 k Aug. 1 12 Aug. 19 k Aug. 17 9 3 Jan. Mar. 28 Apr. 15 Mar. 25 Apr. 3 21 16 k May 21 108 May 23 29k Aug. 15 55 k Ilk 16 k 6k 33 k 91k 14k 27 16 Sale Sale Sale 85 7k Sale 4k 4k 16k 17k 7k Sale 112k Sale 12k Sale Sale 39k Sale 13 Sale 36 k 15 k Sale 3k 16 k Sale Sale Sale Sale Sale Sale 3rti ft" 20 k el* 37 k Sale 99 k 3®k Sale 37k 4 Sale 2 Feb. 12 9 5 8 Feb. 20 k Aug. 18k 32 k 99 k 39 k 5 8 July 22 35k Apr. 8 112 k Feb. 10 24 May 10 4 k Apr. 4 5 k Apr. 4 5 Apr. 4 20 k Aug. 5k Aug. Aug. 13 5 20 10 k May 21 June 10 100 94 19k Aug. 19 19k Aug. 27 5k Aug. 19 4 5 8 63 2 17k Aug. 13 2 29k Aug. 4 k Jan. H Apr. 21 131 May 24 2 38k 36k Aug. 14 102 k 105k 102k Aug. 16 104 10 9 k Sale 8k Aug. 16 1 Sale lk lk Aug. 27 85 4k 18k 24 Mar. 50 May 22 142 28 9 2 k Jan. 12k Jan. k Jan. k Jan. k Jan. lk Jan. 14 k Jan. 35k Jan. Mar. 99 k May Aug. 28 Aug. 16 3 . 21 69k Aug. 30 76 k Aug. 28 Jan. 19 June 2 k Aug. 2 Aug. 79 8 Jan. Feb. 56 110k Aug. 6 17k Aug. 31 Sale 27 k Sale Sale Sale 5k 28 100k 14 k 8k 80 82 69 k 83 k 3 18 101k 4 9k Sale 115 7% pref 100 ........* 30 8 Sale 76 k 17 k 32 k Sale 66 30 k 107 k 19k Jan. 2Vi 98 7 May 18 z60 4k May 15 May 21 40k July 8 124 131 7 42 *A 97 M May 21 114k Jan. 10 5 108 43 k Mar. , 8 26 May 21 22 80 Mar. 28 74 May 16 29 46 k May 16 48" Mar. 26 20 25 k May 22 41k Apr. 1 .2 4 25k May 21 45k Apr. 31 3 106k Aug. 12 58k Aug. 12 59 = Aug." 8 1 10k Aug. 24 12k Aug. 6 99 99k Aug. .Aug, 28 5 22 24k Aug. Aug, 13 16 28 28 13 21 15 21 41 103 k Aug, Aug, 3 2k 15 114 Aug. 3 Feb. Feb. May May May May 45 98k 99k 23 k 24 k 109 108k 111 17 k Sale 15 2 May 28 17 k May 15 84 k June 56 105 k 58 k Sale Sale -* 66,800 7,200 Davega Stores Corp.........5 Conv 5% preferred 25 3,400 Davison Chem Corp (The) 1 32,700 Dayton Pr & Lt 4 H % pref-100 For footnotes 6 30 k H May 28 3k Aug. 31 33k Aug. 22 9k Aug. 29 8 15 22 106 May 9 22 30 H Apr. 18 10 29 X Mar. 23 22 4h Apr. 3 6 k May 21 8 2k Aug. 30k Aug. 17 7 21k May 1 7 1 k Aug. Ms Aug. May 28 8 Aug. 1 Aug. 30 5 % Aug. k Aug. 31 5 % Aug. Aug. 7 11 Aug. 30 Aug. 31 Aug. 27 Aug. 7 5 % Aug. Aug. 13 Aug. 22 5 10k Aug. 3 Aug. 2 22 Aug. 9 75k Aug. 30 5 10k Aug. Aug. 13 91 „ 10 15 124 133 81k 4 k 18k Sale 20 Cutler-Hammer Inc....——.* 1,740 40k Aug. 31 91k Aug. 15 , 69 89 k 8 — 100 34 k Aug. 16 91 Aug. 13 k Aug. 13 80k Sale 80 Coty Inc ......1 4 k 261,000 Coty International Corp. 1 113,000 Crane Co -—...—.25 23 k 194,100 5% conv preferred 100 103 12,000 Cream of Wheat Corp (The)..2 31k 19,500 7 % 25,000 Crosley Corp (The)———* Crown Cork & Seal ..* 27 k 206,000 $2.25 conv pref w w * 38 3,430 Preferred ex-war rants * 37 k 10,800 Crown Zellerbach Corp 5 17 430,000 $5 conv preferred — * 90 9,980 Crucible Steel of America.. 100 40 k 210,100 Preferred -—100 82 19,000 Cuba RR 6% preferred.... 100 3 k 2,960 Cuban American Sugar. 10 7 k 285,700 Preferred -.100 81 7,470 Cudahy Packing Co 30 13 k 32,800 Cuneo Press Inc.. 5 26 k 26,700 Curtis Publishing Co (The)..* 4k 92,900 Preferred—....—.* 44 k 50,800 Curtiss Wright Corp 1 10k 2,278,400 Class A 1 30 496,800 655 6 41k Jan. 8 k Feb. 36 k Feb. 99k June 17 k May 10k June 3 k May 124 p Sale pref-* 44,100 5 266,800 Copperweld Steel Co Conv pref 5% series. 60 31,200 Corn Exch Bank Trust Co..20 16,020 Preferred 5 15k Aug. 112 k Aug. 113k 115 33 k Sale 31-k Aug. 76k~""78r" 77k Aug. 46 k""::--- a;47 k Aug. 27 k Sale 25k Aug. 35 Sale 30k Aug. Sale 29 k 7 k Continental Diamond Fibre.-5 63.400 Continental Insurance 2.50 86,700 Continental Motors-.—..— 1 1,231,600 Continental Oil of Dei _5 263,300 Continental Steel Corp._....* Corn Products 23k Aug. 6 4k Aug. 21 , 75 79 k 68 74 k 93 7 Sale 130.500 Aug. 20 22 k May 24 3 k May 22 15 k May 21 15 21 Aug. 15 103 6 Aug. 7k Aug. 22 8 k Aug. 8 % Aug. k« Sale ka Sale k k 10 k Sale ,31k Sale 43 k 48 k %. k« Sale k k 8k 9k 10 k 10 k 2 k Sale 21k 25 75 k Sale 10 k Sale 86 k 90 44k 3 k Sale 33 k Sale 1 1 4k Aug. Aug. 12 4 1 9 83 Sale 88 * $4.50 preferred Sale Prices 23 k Aug. 19 Aug. 8 15k Aug. k k Sale Sale 5k ——100 Continental Can 22 4k Sale 97 lk Sale 20 Sale 175,600 8,800 Highest Lowest 24k Aug. 31 Aug. 17 Aug. 20 Aug. 19 Aug. 101k Aug. im 20 Sale Container Corp of America. .20 185,500 Continental Baking Co class A * 8% preferred Lowest 63 Sale Sale Class B 22k 3 k 19k 18k Sale k 8k 112k 114 33 k 34k 78k 80' 46 k 48"" 28 k Sale 32k Sale 133 140 102 k 102 k 58 k 59 k -42k" Sale 98 99 k 23 k Sale 109 112 16k 17 2k 3 2k 3k lk 4k 6 k Consol Laundries Corp......5 627* 100i Consolidated Oil Corp —* 14 300 Consol RR of Cuba 6% pf-100 Coal1 Co I? v t C-25 40*700 Consolidation nf inri r^AQ VK 5% preferred v t c 100 7^500 108,600 111,100 18,000 2k Sale 50 700 Consumers Pow Co $4.50 19k .Sale Prices Sale 4k Sale 21 63 20 ♦ 9,900 0 Sale 124 Sale Film Industry—1 $2 partic preferred ..— ----- 24 k 24 Sale qq'onn 4k 23 k Highest _ System Inc class A 2.50 85,000 Class B 2.50 55,000 931,800 Columbia Gas & El-.-——-* 6% preferred series A 100 27,900 5% preferred— 100 1,270 Columbian Carbon v t c * 19,900 Columbia Pictures Corp v t c.* 41,400 $2.75 conv preferred -* 13,700 Commercial Credit 10 155,100 4)4% conv. preferred—100 5,000 Comm'l Investment Trust—.* 162,920 $4.25 conv. pref ser of 1935-* 4,900 12,900 33 --* 63,200 Clark Equipment. 10 C C C & St L Ry Co 90 44k 2k 140 40 1 Sale Prices Lowest Ask 24 k Sale 1 Sale $3 conv preferred—....—.* Prior pref ($2.50 cum Oivs) ♦ Bid 103 99k 100 23 k Sale 15k 16k 4k 4 k Sale 40 k 38k Sale 92 k 90 97 lk lk lk Sale 103,500 {Chicago & North Western.100 Preferred..... ...... 100 15,100 74,000 Chicago Pneumatic Tool——.* , Ask 24 k Sale 4 k Sale 22 k Sale 18k 18k Bid Sale L 32 Common .— * 38,700 23,600 Checker Cab Mfg—....——5 — * 94,800 {Chesapeake Corp- - 326,700 Chesapeake & Ohio.-...—-25 Preferred series A —100 6,900 6,000 {Chic & East 111 RR 6% pf-100 {Chicago Great Western— 4% preferred—......—100 26,100 19,200 Chicago Mail Order Co———5 46,600 {Chic Milw St Paul & Pacific. » $5 preferred ......100 86,400 16,500 7,100 8.000 8,800 54,700 87,900 Aug. 31 Aug. 1 Jan. 1 8,600 4,100 RANGE SINCE JAN. IN AUGUST Jan. 2 exchange n. y. stock Since PRICES Price STOCKS 33 EXCHANGE-STOCKS N. Y. STOCK Sept., 1940] 45 Feb. 43 k Apr. _ 26 4 21k May 4 95 k May 9 43 k May 10 95 Apr. 25 6 4k Jan. 8k May 10 91k Feb. 24 17 Apr. 22 29 k Feb. 24 4 4k Jan. 51 May 4 8 Ilk Mar. 32k Mar. 14 92 60 Mar. 22 k 9 Apr. 30 May 10 5k Mar. 7 Apr. 27 8k Apr. 4 113k Apr. 12 17 34 N. Y. STOCK EXCHANGE-STOCKS AGGREGATE SALES In August Shares Shares 8,500 2,500 1,500 23,400 5,500 100 1,200 850 1,900 1,100 3,700 4,000 800 300 180 3,200 10,000 10,800 4,000 10,900 1,000 300 "18,200 1,000 62,600 229,600 Dresser Mfg Co__ Dunhill International 90,500 3,100 Duplan Silk 8% preferred 890 287,300 38,450 1,800 23,900 -160 21,300 500 300 200 900 2,700 2,500 800 80 1,200 3,000 10,700 300 160 4,500 2,500 400 40 700 1,100 3,900 800 1,400 300 800 3,200 3,000 600 1,400 8,400 900 100 2,000 1,800 10 7,100 100 800 220 7,100 1,100 2,000 1,000 880 190 4,000 600 ~2", 300 400 28,200 452,500 12 200 27,700 157,600 230,900 5,200 5,430 101,900 86,500 36,600 1,510 10,500 1,900 72,400 21,500 21,600 6,000 20,900 64,200 160 88,200 12,400 100 2,300 " t,6o6 570 152,700 2,500 500 5,500 1,500 10 700 3,400 "2", §65 500 5,500 900 2,060 5,400 3,000 900 36,700 26,300 2,900 Edison Bros Stores Inc 13 120 Sale 2 Eitingon Bchild 16% * Electric Auto Lite (The) Electric Boat o j£ndicott~Johnson..« . -* * Sale Sale Sale Sale 3 Sale -60| 43~ Evans Products Co... 37 Fajardo Sug Co Porto Rico..20 Federal Light & Traction—15 $6 preferred— * Federal Mining & Smelting 2 Federal-Mogul Corp— 5 Sale 18% 13% Gen American Investors $6 preferred 1 General Bronze General Foods Corp General Mills 5% preferred 100 9,570 General Motors Corp 10 1,680,700 $5 preferred * 35,100 Gen Outdoor Advertising a._* 21,500 Common ♦ 123,700 General Printing Ink 1 32.900 $6 preferred 1,070 General Public Service 18,000 General Railway Signal For footnotes see Sale 23% Sale » ♦ 6% preferred 100 Gen Realty .& Utilities Oorp..l $6 preferred » ....» General Shoe Corp Gen Steel Castings $6 pref General Telephone Co 24% 2% 106J 1 10IH Sale 80 5% 35 Sale 2% Sale 3% Sale 16 Sale 14% Sale 102 it* 45 6% 102 56% 5 ._.* ..... General Refractories Sale 103 Sale 3 11% 21% 3% Sale 23 53 53% 18% Sale 113% 40% Sale 47% Sale 121 1% Sale 40 Sale 91 128% 93% Sale Sale 54% 125% 128 36% 39 4 4% 9% 105 % 18% 89 110 1 19% Sale % Sale 18 17% 32% Sale 15 14% * 20 29 Sale 19% Sale Equip Corp...* Gen Time Instrument Corp..* 6% preferred 100 General Tire a Rubber Co 5 Gillette Safety Razor........5 $5 conv preferred... * 13 Sale Gen Theatres page 40. 16 16% 99% 82% 22% Sale 6% Sale 49 47% 39 - 25 30% % 80 63% 3% 3% 6% Sale 32% Sale % 4% 38 19 3% 5% 28% Sale 3% 32% 91% 18% 12% 2% % 14% 35 14% Sale 11% 20% 14% 92% 41% Sale 75 3 34 Sale 2% 3 26% 34 30% Sale 3 55 4% 4% 102 Sale 145 2% 2% 5% Sale 15 14 60 Sale 19 Sale 4% 10% 99 5 12 47 18% 89 12% 34 55 97 46% 6% 136 2% 13% 54 18 34 42 119% 117 % % 25 91 87% 88% 128 127% Sale 48% 45% Sale Sale 125 124% 44% 42% Sale 4% 7 7 6% 106% 109% 108 % % 12% 11% 44% 12* 98 103 % 13% 24% 11% 22% 18% 9% Sale 19 Sale 24% 10% 24% 19% 9% 16% 99 100 Sale 11% Sale 3% 14% Sale Sale Sale Sale _ 9% 36% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 67% Aug. 2% Aug. 27 Aug. 29% Aug. 31 8 31 31 31 19 3 3 30 1 30 23 7 9 29 30 22 30 22 28 20 8 98 16* 34% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 31 30 31 1 20 5 31 31 14% Aug. 94 Aug. 40% Aug. 15 13 Aug. 28 13 Aug. 13 20% Aug. 27 1% Aug. 20 26% Aug. Aug. 26,105 16 14% Aug. 7 82% Aug. 12' 2% Aug. 7 27 Aug. 14 31 Aug. 7 13 27 28 13 8 „ 16% 11 Sale Sale Sale 18% 100 Sale Sale Sale 12 30 Apr. 24 21 10 8 16 21 14 26 16 13 28 2 1 2 16 16 2 2 5% Aug. 96 Aug. Aug. Aug. 137% Aug. 2% Aug. 5% Aug. 14% Aug. 58 Aug. 18 Aug. 113% Aug. 34% Aug. 42 Aug. 116 Aug. %6 Aug. May 6% Jan. 166% Jan. June 178 Jan. 22 May 37 Apr. 17% 1% 41% 18% Jan. Jan. 10% May % Mar. 25 May 10% May %, 13% 22% 10% 20% Aug. Aug. Aug. Aug. Aug. 18 Aug. 8% Aug. 17% Aug. 26 16 9 13 27 Mar. 4 May May May May Aug. May May 15 15 14 15 7 25 21 Jan. 15 June 13 June 11 June 5 May 21 May 23 9 4 8 ^an. li J a: Apr. 13 Mar. 19 Jan. 8 Jan. 8 Jan. 8 97 Jan. 8 4 % Jan. 5 1% Jan. 3 3% Jan. 1% Apr. 4 7 67% Aug. 5 1 Feb. 11% Apr. 25 34% May 10 1 8% 49% 31% 18% 3 Jan. Mar. 11 8 Apr. Apr. 18 3 Apr. June 10 102 , July Aug. May May May 24 27 15 22 28 June May May May May May May _ 21 21 20 21 21 22 May 22 10 May 20 May 15 May 14 June 11 May 21 May 21 June 19 May 28 June 14 May 21 14 2 6 17 28 June May May May May May May Mar. 27 3 28% Jan. 14% July 23 4 4% Jan. 1 9 Jan. 25 3 Jan. 95 5 Apr. 20 Jan. 40% Feb. 22% Jan. 21% Jan. 106 Jan. 46 Jan. 21% Apr. 38% Mar. 25% Apr. Jan. Jan. 107% Apr. 21% Apr. 83% Apr. 6% Apr. 32% Jan. si* 38% Apr. 2% Jan. 5% Apr. Apr. 19 Aug. 105% Mar. 6% Apr. 14% Apr. 51 May 7% Apr. 20 3 14 5 3 24 2 5 26 4 9 9 4 29 30 18 29 15 9 24 30 31 27 22 24 3 4 Mar. 20 3 57% Jan. 5 104 25 22 8% Jan. 27 145 15 8 Jan. 4 3% Jan. 9 3 11% Jan. 29% Apr. 8 87 6 Feb. Apr. 24 May 23 19% Apr. 16 May 21 117% Mar. 27 Jan. 2 May 21 41 May 22 49% Apr. 15 6 May 22 118% Jan. May May May May May May 15 24 Jan. Jan. 2 Apr. 8 28 130% Jan. 28 56% Apr. 8 17 13 44 * 21 101 22 127% June 10 58 June 10 May 21 June June 8 5 Mar. 23 May 4 Apr. 8 Jan. 10 Jan. 3 1% Jan. 11 19% Jan. 4 Feb. 21 10 1 1 110 6 June 10 14% Aug. 13 Aug. 9 11% Aug. 1 24% Aug. 31 19% Aug. 3 9% Aug. 2 19 Aug. 1 May July May July May May May May 15 23 21 Apr. 18% Apr. 33% Jan. 22 15% 31% 24% 13% 23% 11% Aug. 12 4% Aug. 1 37 Aug. 12 May 22 Aug. 27 May 21 Feb. 10% Aug. 3% Aug. 34% Aug. 10 Jan. __ 31 1 10 ^aug 30 Aug, 30 2* May 15 %5 Aug. 23 Jan. 37% 33% June 6 33% May-22 —1, May 21 -4 H May 22 46 May 22 112 May 21 12% May 31 83 May 31 89 21 22 12 24 28 25 5 9 29 Apr. 16 Apr. 20 Jan. 2 2 17 1 *A May 22 May 15 May 21 May 21 May May Aug. May May 21 8 June 31 30 2 7 6 88 Jan. 3 5 22 30 13 8 3 31 2 Jan. 10 Apr. 10 Feb. 3 Feb. 21 117 155 10 1 Jan. Jan. Jan. 28 189% Apr. 8 Mar. 4 22 126 22 118% Jan. 19 10 44% May 8 June 12 2 30 31 28 30 3 Apr. May Apr. Jan. Mar. 30 10 13% Jan. 18 Jan. 17 15 120 June 103 Sale Apr. Apr. Feb. Apr. Jan. May Apr. 26 8 Aug. 92% Aug. 27 126% Aug. 13 128 Aug. 31 Sale 44 Aug. 16 48% Aug. 10 125% 7 125 Aug. 1 48 *2 49 Aug. 8 Sale 5 4% Aug. "1 Aug. 3 Sale 7 6% Aug. 14 Aug. 2 109% 108% Aug. 21 108% Aug. 21 Sale 9 % Aug. 31 Aug. Sale 10% Aug. 19 12% Aug. 31 Sale 23% 28% 22 19% 21 23% 21 5% v 11 22 125}J 21 23% 22 36% 21 43% 15 10% 21 20 24 85% 15 14% 22 38 21 24% 22 23% 3 94% 28 171 June 10 11% May 8% May 2% May % July 98% May 12% May 2o% May 32 May 4% May 12% May 56% May 9 % May 30% May 14 May 11% May 65% July 137 May 14% Jan. 5 May 9% June 114 May 146% May 114 May 112% May 25% June June , Aug. Aug. Aug. Aug. Aug. Aug. Aug. 13% May 22 21 June 14 4% Aug. 103 95 Aug. Sale 45% Aug. 6% 6% Aug. 150 136 Aug. 2% Aug. 2% Sale 4% Aug. Sale 13 Aug. 62 56% Aug. Sale 17 Aug. 111 107 Aug. Sale 31% Aug. Sale 39% Aug. 124 116 Aug. %8 % Aug. 35 Sale Sale Aug. 30 Aug. 1 Aug. 28 Aug. 10 29 1% Aug. 16 1% 2% Aug. 16 3% 11% Aug. 16 12% 17% Aug. 17 19 98 Aug. 13 100 5 4% Aug. 13 11 7 Aug. 12% 5% Sale Sale 35 1% 2% 13% 98 Sale 25 82 1% 2% 12% 106% 109% 109 35% 1 67 % 95 12% 18% 17 *4% 39 18% 19% 13% 13% 3% Sale % « Vs 19% Sale 89 93% 2 1% 2% 11% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. % Aug. 27 Aug. 1 5 % Aug. Aug. 15 1 Aug. 13 37% Aug. 30 Aug. 14 33% Aug. 30 Aug. 3 29% Aug. 22 1 % Aug. Aug. 26 2 0 ~3 33 %CAug.L2 Augr30 Aug. 31 "4-1% Aug. 22 Aug. 23 110 Aug. 12 Aug. 13 9% Aug. 10 Aug. 13 77 Aug. 13 Aug. 10 83% Aug. 8 Aug. 10 89 Aug. 22 % Aug. Aug. 2 8 1 % Aug. Aug. 2 5 1% Aug. 10 Aug. 16 1 % Aug. 14 Aug. 16 Aug. 7 67% Aug. 7 3% Aug. 16 Aug. 20 6% Aug. 31 Aug. 8 Aug. 20 32% Aug. 1 % Aug. 20 Aug. 3 Aug. 6 4% Aug. 24 Aug. 16 38 Aug. 31 19% Aug. 12 Aug. 1 Aug. 19 13% Aug. 3 Aug. 14 94 Aug. 30 Aug. 22 19 Aug. 2 Aug. 28 13% Aug. 9 3% Aug. 30 Aug. 20 % Aug. 13 Aug. 15 Aug. 13 20 Aug. 5 Aug. 5 89% Aug. 13 Aug. 16 14 Aug. 30 Aug. 13 35% Aug. 1 14 13% 90 88% 40% 38 Sale 14% Sale 13 Sale 27% 28% 26% 22 22 20% 20% 1% 1% 1% 1% Sale 25 26 24% 107 105 107 105 Sale 11 14% Sale 2% ill 116% - 107% 107% 9% Sale 8% 74 76% 80 82 83% 88 89% 88 % % %6 1 % c 1% Sale 1% 40% 74 Sale 117 1 33 Sale Sale 26 17 30 - 94 Sale 102% 13% 56% Sale 99 13% 2% 20% 1% 47% 6% 33 29% %« 4% 31% 28% 28% % 32% 20 13% 14% 35% Sale 12 20% 14% 14% 135 Sale Sale- 13 47 Sale % 5% 37 18 89 95 Sale 14 13% 145 "35% Sale 13% Aug. 16 168 Aug. 23 125 Aug. 6 117 Aug. 16 30% 4 6 3% Aug. 1 131 Aug. Aug. 16 172% 28% Aug. 13 32 7 14% Aug. 14% 1 % Aug. 31% Aug. 16 35% 12% Aug. 13 13% Sale 50 Salo 138 171 13% 99% Sale 4% Sale 12 10% 6% 103% 122 Sale 14 20% Sale * Sale 2g * * 5 Sale 86 14 28- * Sale 20 Sale * 5 *f 12% * 5 Sale Sale 94 39 .._* $8 preferred 32 105 Sale * % 1% 1% 1% Sale * $4.50 preferred * General Gas & Electric cl a * 74,200 $6 conv preferred a .._* 160 71,600 218,700 31,300 90 Sale Preferred' 7% -iii 1111ii1100 20,200 General Cigar Inc.. * 31,900 preferred..." 100 5,830 General Electric Co * 64,800 1,150 70,200 23,000 67,300 36,500 28,650 79,600 63,400 13,400 83% % 86% Sale 74 3% Sale Sale 107 79 * First National Stores - 111 * "4% 4 130% 172% -32 42 40% Fairbanks Morse & co— 22,000 General Cable Corp.. 149,600 chara A 24,600 33,600 -34 Sale * 158% 125 120% 116% 117% 116 27% 29% Sale Sale 33 Highest Sale Prices 123 Sale 5*1 3 Exchange Buflet Corp... • Fairbanks Co 8% preferred. 100 Federal Water Service a 12 14% 33% Sale 30% Sale 28% Sale 1% 1% Lowest Sale Prices Sale 32 % 34% 13% Highest. Sale Prices 114 167% 14 %6 % Federated 7 31 Sale * Sale 22% 6% 10% 14% Sale Sale Sale —5 Federal Motor Truck 75 10% 10% 34% 34% 19% Sale 15% 15% Sale 85 Sale 70 14 9% Sale c 29% 36% 6% 17% 31% 74 80 Ex-Cell-o Corp Sale 14 28% 35% 6% 16% 3% 108 Eureka Vacuum Cleaner—...5 Gen Amer Transp Corp.. 61.700 General Baking Co 218,300 6,000 3% Saler * 113* Sale Sale Lowest 14% Aug. 9 16% 22% Aug. 20 24% 15 16 Aug. 1 10 Aug. 16 12% 3% Aug. 16 3% % Aug. 19 % 113% Aug. 22 120 13 Aug. 16 14% 28 Aug. 2 28% 35% Aug. 28 37% 5% Aug. 2 6% 16 Aug. 13 17% 70 Aug. 15 73 10 Aug. 23 10% 32% Aug. 20 34% 18 Aug. 13 19% 12% Aug. 17 15% 67% Aug. 13 73 140 Aug. 29 151% 19 Aug. 13 23 6% Aug. 13 6% 10 Aug. 8 10 Sale sn 141 176 Sale. 12% Sale Sale 21% Sale 6% Sale 11 9% 114% 164% Sale Sale Electric Power & Light. Sale Sale 168 Sale 16 73 122 15% Sale 16% Sale 24 23% Sale 6 Sale 38 Gabriel Co (The) class a * 24,200 Gair Co Inc (Robt) 1 98,300 $3 preferred 10 29,600 Gamewell Co (The) * 18,430 Gannett Co Inc conv $6 pref * 840 Gar Wood Industries Inc 3 67,800 5 15,500 Gaylord Container Corp 5%% conv preferred 50 1,800 1,127.500 72 145 Sale" 17 Sale As k 113 33% 34% 18% 19% 13% Sale 125 5 26,000 Florsheim Shoe (The) cl a—* 5,100 Follansbee Bros * 39,600 \>od Machinery Corp ...10 23,000 4%% conv preferred....100 1,610 Foster-w heeler 10 84,400 7% conv preferred * 1,120 98'inn Francisco Sugar Co * /w'iuu Franklin Simon pref 100 1,190 10 152,800 Freeport Sulphur Co 35,700 4,300 Sale 116% Sale 29% Sale 3 American shares 118** Sale Elec & Musical Industries— Flintkote Co (The) 133,000 Florence Stove Co 200 "3",600 * Department Stores.* 4%% preferred 100 Ferro EnameljCorp 1 Fidelity Phenix Fire Ins..2.50 Filene's (wm) Sons Co * 90 Firestone Tire & Rubber 10 55,500 6% preferred series a.... 100 10,500 2,450 1,400 17% Sale .—--100 -1,860 1 394,700 Engineers Public Service $5 conv preferred * 19,400 85.50 preferred * 10,400 $6 cum preferred * 5,100 * 45,800 Equitable Office Building 100 32,000 tErie rr 4% 1st preferred 100 37,800 4% 2d preferred 100 8,600 Erie & Pittsburgh rr 50 80 93,200 400 500 18% 100 173 176 4 29% Sale 6% preferred Eaton Mfg Co Sale 70 10 Sale Sale Sale 5% 166% 11% 3% Sale 77 Sale 1 Eastern Rolling Mills.. 5 Eastman Kodak Co of n j—* 24% Sale Sale 35 100 (e i) .20 Sale 15 14% Sale 28 28% 37% Sale 5% 16% Sale * 5 % preferred^,.. 20 2,700 16 23% 9 -* $7preferred. _. ... 254,400 $6 preferred-.-.....-.— 121,900 Electric Storage Battery 39,400 Elk Horn Coal Corp 22,200 el Paso Natural Gas co 56,100 4,200 3,800 800 Du Pont de nem & Co 1 Sale Prices Aug. 31 Ask Bid 26 Sale Sale Sale Sale Sale Sale Sale 42% $4.50 preferred * 3,090 Duquesne Light 5% 1st pf.100 Eastern Airlines Inc 1 40,500 126,000 1,386 156,200 15,400 56,600 279,800 523,200 34,400 11,700 2,300 4,100 1,100 :• 1,400 Chemical Co Bid Sale ... 505,800 1,900 16,500 11,400 Ask _ 2,200 9,500 500 | Aug. 1 Dow RANGE SINCE JAN. 1940 Par 11,800 7,200 PRICES IN AUGUST Jan. 2 N. Y. STOCK EXCHANGE 222,100 Deere & Co Preferred 20 28,300 20,200 Deisel-Wemmer-Gilb Corp. 10 100 166,900 Delaware & Hudson 147,000 Del Lackawanna & Western.50 6,400 IDenver Rio Gr & West pf.100 100 18,200 Detroit Edison * 18,630 Devoe & Raynolds a * 28,200 Diamond Match Partic 6% preferred 25 15,100 50,600 Diamond t Motor Car co—2 * 138,600 Distil Corp-Seagrams Ltd 5 % pref with warrants—100 9,800 * 10,890 Dixie-Vortex Co Class a * 12,340 * 87,300 Doehler Die Casting Co Dome Mines Ltd * 153,100 * 414,000 Douglas Aircraft Co Inc 200 50 Price STOCKS Since Jan. 1 21 28 23 "If 28 9 106 Jan. May 10 Mar. Jan. 7 4 Apr. 27 May 23% Jan. 51H 2 5 4 11 Mar. 1 4 6 Mar. 14 AGGREGATE SALES Since PRICES IN AUGUST Price STOCKS Jan. 2 n. y. stock exchange 1940 Aug. 1 Jan. 1 Par Shares 177,400 19,100 79,500 6,400 134,500 84,600 Gimbel Brothers — * -* 50 45*% conv preferred Gobel \ (Adolf) Ask Bid 85* ---* $6 preferred Glidden Co (The) 51 51 17 % Sale 385* Sale 25* Sale Sale 25* 83 5* 19% 88 Sale 24,600 $5 preferred 330,900 Goodyear Tire & Rubber * $5 conv preferred * 20,300 22,300 Gotham Silk Hosiery Preferred 100 1,280 362,600 Graham-Paige Motors 1 Granby Consolidated Mining 97,500 Smelting & Power Ltd 5 Grand Union Co (The)— With div certifs 15,600 Without div certifs * 15,700 64 5* 66 7§* 88 --— 69 68 Granite City Steel Grant (w t) Co_. 10 5% preferred 20 Great North Iron Ore Prop—* Great Northern pref * Great West Sugar Preferred 80 Green Bay & Western 58,200 Green (hi) Co * 100 rr.100 -1 467,000 Greyhound Corp (The) * 28,800 55*% preferred 10 153,200 Grumman Aircraft Eng Corp.l * 68,200 Guantanamo Sugar 3.280 8% preferred 100 8,800 Gulf Mobile & Northern—100 9,700 6% preferred __--100 12 Sale Sale 51 52 Sale 155* Sale 845* Sale 15* 25* 305* 505* 5*6 Sale 25* 33 Sale Sale 115* Sale 12 9 11 Sale 33 Sale Sale Sale 245* Sale 26% Sale 28% Sale 24 Sale 205* Sale 134 140 127 45 60 29 33 Sale 17 Sale 115* Sale 21 Sale 275* 3% 175* Sale 2% 4 -- Sale 25 Sale 1 25 100 109 160 * Sale * Sale 100 * * Dauch Paper co—10 Furnace (Del) 10 1315* 615* 1155* 28,100 Hollander (a) & Son 5 * 50,800 Holly Sugar Corp 210 7% preferred 100 12-50 197,900 Homestake Mining 9,800 Houdaille-Hershey class a—* A* 34 30 115* Sale 105* Sale 18 Sale Sale 15* 145* 12 Sale 15* 135* 12 15* 145* 15* Sale 65* Aug Aug 145* Aug 53 Aug. Aug. Aug. Aug. Aug. Aug. 275* Aug. 14 105* Aug. 19 105* Aug. 26 155* Aug. 19 15* Aug. 22 115* Aug. 14 7 15* Aug. 11 Aug. 16 31 30 69 6 Aug 25* Aug 2 55* Aug 31 45* May 22 19 95* June 30 125* 115* 18)* 15* 14 15* 12 1 1 8 6 26 16 215* 115* 155* 185* 2 1 24 56 107 535* 575* 53 1015* 1095* 104 14 14 145* 30 28 295* 255* 6 45* 65* 45* 10 9 95* 95* *8 101 2 Aug. 545* Aug. 16 106 14 Aug. 26 Aug. 19 285* 6 65* Aug. 8 95* Aug. 1h Aug. May 15* July 8 May 34 Sale 405* Sale 32 34 125* Sale 395* Aug. 14 305* Aug. 15 105* Aug. 13 22 21 23 21 29 5* June 5 30 May 20 '9 5*may~21 585* Apr. 2 19 5* Jan. 4 445* Mar. 26 45* Apr. 22 35* Apr. 11 88 Jan. 8 205* 695* 245* 975* Apr. 4 Mar. 7 Apr. 4 Feb. 21 45* Feb. 8 715* Jan. 9 15* Jan. 30 95* Apr. 10 4 145* Jan. 105* May 3 16 5* Apr. 8 36?* Apr. 8 255* July 17 8 185* Jan. 285* Apr. 24 2 295* j an. 55 Feb. 6 Jan. 29 355* Apr. 5 17 5* Jan. Jan. 4 12 3 255* Apr. 29 35* Apr. 18 305* Apr. 18 4 Jan. 4 18 Apr. 8 if* ??* Apr.22 JanL_ 9 "Feb. Jan. 105* May 22 1005* june 18 1065* Jan. 95-June 25 1055* Mar. 165* May 23 285*- Jan. 130 May 27 138 Apr. 55* May 21 95* Apr. 835* June 27 104 Apr. 2 45* Apr. Aug. 16 895* June 5 1135* Jan. 11h Apr. 75* June 10 86 June 11 110 Apr. 155 Jan. 12 166 125* May 23 19 8 12 30 4 12 5 9 16 29 8 8 Mar. 20 215* Apr. 22 9 765* May 23 1005* Apr. 126 5* Aug. 8 133 5* Jan. 30 June 11 50 675* Apr. 16 94 5* May 2l 115 5* Jan. 9 4 185* Jan. 125* July 16 19 4 May 21 35% Apr. 45* July 15 75* Mar. 4 8 May 21 165* Apr. 20 103 Mar. 30 May t3 110 35 605* Jan. 12 May 21 28 Apr. 13 May 22 38 165* Apr. 15 85* May 21 Aug Aug Aug Aug Aug Aug 101 Sale 405* 315* 125* 30 22 22 29 14 5* June 26 . 145* 18 21 29 21 21 22 Sale Prices 9 Jan. 3 June 13 142 23 79 825* Sale Aug. 13 825* Aug 8 1275* Aug 1255* 1295* 12654 1275* 1265* Aug. 52 xl23 May May May May May May 275* July May 95* May 9 May Aug Aug Aug Aug Aug Aug Aug Aug 7 June 10 5 31 Sale 105 15* May 15 May 22 5* May 14 30 31 June 11 25 7 _ i 815* 21 22 21 21 22 21 16 21 21 22 125* Aug 9 Aug 11 Aug 33 Aug 235* Aug 145* Aug 255* Aug 205* Aug 1315* Aug 15 295* 335* 315* Aug. 16 315* Aug 325* 335* 31Aug. 19 335* Aug Sale 13 145*-. Saie125* Aug. 13 14 5i - Aug 125* 145* 145* 15 145* Aug. 15 145* Aug Sale 101 101 1025* Aug. 1 102 Aug 975* ,985* 103 1045* 985* Aug. 3 102 Aug 20 -2UJ£"2I3£ 1954 "Aug. 19 21% Aug 126 150—1126 -log ii. _55* 5.5*. 65*l -5j*.Aug,/ 7 65* Aug 88 85 88 95 855* Aug. 13 88 Aug 2 25* Sale 25* Sale Aug. 16 25* Aug 97 5* 96 97 985* 102 98 Aug. 13 Aug 8 854 Sale 85* Sale Aug. 30 85* Aug 905* 9154 915* Sale Aug 905* Aug. 13 92 156 165 164 1505* 165 Aug. 29 164 Aug 155* Sale 145* 155* 135* Aug. 19 15 5* Aug - 11 28 335* _ 43 25* Aug Aug 125* Aug 515* Aug 155* Aug 855* Aug 25* Aug 33 Aug 5* Aug 80 1 Highest 45* May May May 30 May 2 May 2 May 77 July 10 May 45 May 125* May 40 45* Aug. 16 12 31 23 31 Sale 32 26 Sale Sale 40 Sale Sale Sale Sale 30 7 20 7 2 20 9 14 17 13 13 1 21 6 2 85* 105* 315* 235* 235* Sale 135* Sale 215* Aug. 2054 195* Aug. 134 130 Aug. Sale 135* 110 131 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 105* 495* 145* Aug. 745* Aug. 2 Aug. 33 Aug. 5* Aug. Sale 175* 15* 125* 15* 125* 31 2 25* 79 Sale 225* 145* 255* 205* 50 Sale 125* 95* 11 Sale 135* Olciss 133 295* 175* 12 55* Sale 2454 145* 14 80 Sale Sale - 156,400 25* 25* Sale 55* _ 3,400 Hinde & 37,300 Holland 785* 125* 85* 115* 325* 235* . 72,300 Hercules Powder 6% preferred 3,390 6,500 Hershey Chocolate $4 conv preferred 6,200 25* 25* 795* Sale 25 315* 305* 5,800 Hackensack Water 34 Preferred a 25 1,460 j355* 185* Sale 91,200 hail Printing —.10 18 * 165* 4,900 Hamilton Watch940 6% preferred 100 1015* 108 1035* Hanna cm-a).ca.$5 pref——* 1025* 2,9901 sakl 27 71^700 Harbison Walker Refrac 150 130 6% preferred ,.-100 75* 1 30,000 Hat Corp class a 91 65*% preferred 100 2,500 Sale 2 294,700 Hayes Mfg. Corp 13,600 Hazel-Atlas Glass Co 118,800 Hecker Products Corp 7,600 Helme (g w) 540 7% preferred 69,300 Hercules Motors 385* Sale ism 5 41 7% 33 5* 23% 17 H Lowest Sale Prices 40 14^ ^ Highest Sale Price,a 50 15* 30 Lowest Sale 445* RANGE SINCE JAN. Sale Prices 555* 145* Sale Sale % Sale Ask 54 Sale 125* 385* 25* . 235* Sale 94 % 92 % 3% 3% Aug. 31 Ask Bid Sale 65* Bid Sale 50 ----1 co—100 Goebel Brewing Co Stock Teleg 243,700 Goodrich (b f) Co 440 Gold & 22,200 46,800 6,800 159,900 557,400 56,400 3,160 35 N. Y. STOCK EXCHANGE-STOCKS Sept., 1940] 405* Aug 32 Aug 125* Aug Household Finance— 14.400 3,400 127,400 38,400 24,500 12,100 94,700 116,300 123,200 190,300 18,700 4,270 4,440 27,200 62,600 29,900 -* Common stock Howe Sound 5 Co 6 Sale 495* Sale Sale Hudson & Manhattan.. —100 —100 3 Hud Bay Min & sm Co Ltd —* Hudson Motor Car * 26 1 1 5% preferred Hupp Motor Car Corp 100 rr Illinois Central 6% preferred series a 4%..- Leased line rr sec 100 100 stock ctfs ser a.1000 Indian Refining 10' Industrial Rayon Corp * ingersol-Rand * 6 % preferred 100 710 * 62,700 Inland Steel. ^ 306,900 Inspiration Cons Copper—20 35,500 138,300 51,200 4,650 14,000 445,800 45,500 12,800 32,500 224,900 7,000 142,200 898,200 49,200 685* 100 1105* 114 5% preferred Houston Oil of Texas v t c_.25 Ctfs Insurancshares Inc Jlnterboro Rap Trans Interchemical Corp... 6% preferred--. 1 100 * 100 Intercontinental Rubber * Interlake Iron * Internat Agricultural Prior preferred Int. Business Machines— International Harvester * 100 — * * 7% preferred 100 Internat Hydro-Elec Sys a.25 .V* 4 Sale 55* Sale 125* Sale 235* 24 Sale 65* 65* 55* Sale 285* Sale a l16 118 Sale 885* 135* Sale 55* 55* 35* Sale 1505* 865* 43 Sale .085* 109 4 5* Sale 115* Sale 15* Sale 37 Sale .855* Sale 605* Sale .65 4 166 1 5* 95* 65* Sale Sale Sale 767,600 International Nickel of Canada* 375* Sale International Mercan Marine.* Internation Mining Corp Preferred 100 8,600 1,915,000 International Paper & Power 15 5% conv preferred 100 731.800 16,060 Internatl Rys of Cent Amer__* 5% preferred — .100 7,810 11,400 International Salt— 22,100 International Shoe.. 12.600 International Silver..—..--50 7% preferred 100 2.500 * 537,500 International Tele & Tel Foreign share certificates... 58.900 Interstate Department Stores 51,700 Preferred 10 1,130 14,600 Intertype Corp Island Creek Coal— 14,700 $6 preferred— 520 55,600 26,700 99,000 2,110 32,400 18,200 —-1 --.1 Jarvis (w b) Co Jewel Tea Inc —1 j o h ns-m a n ville * 100 . Preferred Jones & Laughlin Steel pref. 100 Kalamazoo Stove & Furn Co jo Convertible class a 1 178,800 Conv class b 1 115,700 1,880 Kendall Co $6 part pref ser a.* ! For footnotes see page 40. 14 5* 133 Sale 565* Sale 51 Sale Sale 355* 35 365* Sale 265* 285* 975* 100 45* Sale Sale 105* Sale 83 Sale 8 9 A5* 255* 122 165* Sale 74 128 66 14 5* 30 % 35* 155* 4 5i# Sale 75* 135* 395* 35* 55* 215* 145* Sale 4 65* 225* Sale 93 150 146 Sale 825* 954 55a 25* Sale 55* 25* Sale ill* 109 25* Sale 15* 20 225* 140 145 45 Sale 156 163 Sale 25* 65* 35* 654 45* Sale Sale Sale Sale 120 92 145 Sale Sale 40)4 4 55* Sale 935* 157 825* Sale 95* Sale 55* 55* ■m Sale 65* Aug. 16 13 5* Aug. 37 8 Aug. 26 35* Aug. 21 6 55* Aug. 21 Aug. 16 885* Aug. 16 145 79 85* 55* 25* 215* 255* 1045* 103 3 25* 8 Sale 75* 15* 15* 15* 22 235* 215* 139 14254 Sale 41 455* Sale 155 1545* 160 25* 25* Sale 55* 65* Sale 4 354 4)4 104 25* Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 6 20 13 5 2 16 7 6 14 9 22 14 16 19 17 16 7 7554 2|m ' 90 65* Sale 11 78 90 55* 255* 265* 7 6 8I8 115* 125* 13 11 Sale 40 575* 665* Sale 125 1275* 125 69 71 715* Sale 12 105* 115* 105* 1195* 1195* 4 45* 454 Sale 15 145* 175* 145* 10 Sale 125* 115* 68 43 58 Sale 105* 1195* 45* 145* 115* 92 5* 100 95* 95* 975* 1035* 115* Sale 75* Sale 125* 65* Sale 96 ' 100 Sale 86 100 98 95* 1035* 14 Sale 85* 65* Sale 1035* 100 92 9 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 19 7 1 9 16 21 17 13 12 20 23 24 Jan. 5 65* Feb. 17 Jan. 2 Jan. 23 135* 245* 435* 65* 95* 21 29 Jan. 25 118 Jan. 91 June 10 May 22 June 11 June 11 38 22 May May 15* May 55* May 35* May 22 195* June 5 145 June 22 23 1 31 1 31 13 13 31 9 30 20 9 115* Aug. 13 14 Aug. 31 55* Aug. 13 65* Aug. 31 Aug. 9 101 Aug. 30 Jan. Apr. 23 16 27 11 14 Feb. 28 Mar. 20 Mar. 28 5 Jan. 6 4 125* Jan. 5 25* Apr. 38 Jan. 3 1915* Mar. 12 88 i.s* Feb. 625* Jan. Jan. 4 22 5 55* Jan. 145* Apr. 20 7 Jan. 385* Jan. 3 133 June 10 28 265* May 25 May 135* May 975* Jan. 15* May 15* May 45* May 30 Apr. 155* Apr. 25 171 105* May 21 405* May 21 15* May 18 37 Jan. June 26 158 Apr. May 22 905* Apr. May 21 Aug Aug Aug Aug AUg Aug Aug 75* Feb. 20 27 14 May 21 Aug. 16 109 15* Feb. 20 15 665* 75* 45* 25* 215* Jan. 3 4 11 215* May 3 73 Apr. 29 55* Jan. 24 6 565* Feb. 375* Apr. 12 5 365* j an. 21 28 Jan. 15 1025* Apr. 15 74 5* June 11 May 21 45* Jan. 45* Jan. 105* Jan. 90 Apr. 10 9 85* Jan. 20)* May 23 28 15 21 June 21 1275* 9 May 21 345* May 22 44 June 10 1225* May 485* May 95* June 1175* May May ii May 9 May 92 May May 95 97 22 185* May 21 Aug Aug Aug Aug Aug Aug 125* Aug. Aug. 665* Aug. 125 Aug. 71% Aug. 10?* Aug. 1195* Aug. 45* Aug. 15 Aug. 115* Aug. 92 Aug. 95* Aug. 45 3 21 25* May 15 65* May 21 25 13 Jan. 50 h Feb. 3 18 136 Apr. 25 May 13 15 3 145 M 22 June 12 122 Sale 24 31 May 5 May 165* May 72 May 123 57 22 May 21 May 21 65* Aug Aug 235* Aug. 45 125 Aug. 545* May Aug. 35* May 28 Aug. 5* Jan. 25* May 12 May 3 May 5* May 103 75* Aug 1454 Aug Aug Aug 55* Aug 225* Aug 935* Aug 146 Aug 845* Aug 95* Aug 55* Aug 2% Aug 265* Aug 1045* Aug 25* Aug 85* Aug m Aug 23 Aug 143 Aug 455* Aug 158 Aug 254 Aug 65* Aug 45* Aug 3f* ??* 90 Sale 75* 145* 395* 35* 55* 225* 1 235* Sale 225* Aug. 275* Sale 275* 9 125 135 1205* Aug. 1195* 1255* 121 145* Sale 155* Sale 135* Aug. 16 155* 525* Aug. 13 5254 Sale 615s Sale 615* 1 25* Sale 25* Aug. 25* 25* 25* Sale Sale 375* Aug. 14 405* 32 34 34 33 Aug. 24 335* 29 285* Aug. 13 30 295* Sale 2 19 19 20 Aug. 20 175* 88 2 100 101 99 100 Aug. 95 25* Sale 25* Aug. 16 25* Sale 25* 25* Sale 25* Aug. 23 25* 25* 25* 6 Aug. 13 65* Sale 75* Sale 75* 123 * 320 Kansas City Lt 1st pref ser b_* * 24,600 Kansas City Southern... 4% preferred 100 5,500 7,800 Kaurmann Department Stores 1 5% conv preferred 100 500 6 9,100 Kayaer (j) & Co 1,280 Keith-Albee Orpheum pref. 100 Kelsey Hayes Wheel— l 130 35* Sale 40 58 575* Sale 565* Aug. 26 585* Aug 1045* 1025* 1045* 103 Aug. 24 104 Aug 4 Sale 35* Aug. 16 35* 35* Aug Sale Sale 31 28 31 Aug. 15 Aug Sale 1 5 1 % % Aug. Aug 4 4 6 4 4 35* Aug. Aug 175* Sale 185* 145* Aug. 19 175* Aug Sale 4 35* Aug. 22 35* Sale Aug Sale 2 Sale 5* Aug. 5* Aug 575* 1025* Jan. 17 52 Mar. 13 May 14 Jan. 3 Mar. 27 775* Jan. 4 22 132 Jan. 15 15 75 July 15 10 16 Apr. 4 Mar. 15 28 121 21 75* Apr. 23 20 Jan. 4 5 23 21 15** Jan. 8 97 Feb. 21 155* Jan. 9 109 Apr. 23 8 18 175* Apr. 23 85* May 21 4 5* May 22 195* Apr. 28 87% June 20 1035* Apr. 16 STOCK EXCHANGE—STOCKS N. Y. 36 AGGREGATE SALES Since August Jan. 1 Share* Shares 828,200 42,600 31,400 13,200 7,350 134,300 4,300 33,400 211,600 57,800 4,400 300 300 200 11,000 900 4,000 9,800 150 60 3,600 500 2,000 1,600 160 9,900 3,600 2,100 6,400 1,100 900 11,600 2,400 200 1,200 3,700 300 900 3,300 1,300 1,300 3,300 37,500 9,100 400 116,200 2,360 2,080 43,400 7,600 53,600 23,800 2,130 78,000 87,600 50,100 170,700 18,500 20,900 142,600 114,900 12,600 16,700 80,100 4,700 12,400 45,800 22,500 36,400 76,200 1,607,500 224,200 8,600 ~ 100 100 * 100 500 13,500 710 12,600 33,100 8,300 2,600 Tire..-5 Lehigh Portland Cement—-26 4% conv preferred 100 JLehigh Valley RR Co 50 Lehigh Valley Coal— -* 50 1 6% conv preferred Lehman Corp. (The). Liggett & Myers Tob Lily Tulip Cup Corp— Lima Locomotive Works.. Link Belt Co Lion Oil Refining Co * 3,970 53,920 13,500 17,100 237,800 23,390 184,400 810,000 720,100 39,000 700 120 130 32,600 400 690 5,400 4,500 1,400 2,200 570 1,900 500 40 9,800 300 * 20 3M 225* —-10 1 ... 345* .33 29 345* 35* 26 305* 1615* Masonite Corp 365* — Sale 3 Sale 135* 285* 195* 105* 23 5* Sale 40 95 97 175 Sale 1345* Sale 28 375* Sale 100 145* 155* Sale 245* 75* 46* Sale 110 25 8 Sale Sale Sale Sale Sale Co 5 -5 57 305* 55* 215* 135* 295* 105* 155* 365* 1165* 605* 107 70 63 5* Sale Sale Sale 145* Sale Sale Sale Sale Sale Sale 108 Implem-.l $6.50 preferred...—-- — * Sale * Sale * Sale 100 100 100 20 Sale Convertible preferred Carpet Mills 30,700 -.87,800 Monsanto Chemical Wks $4.50 preferred 2,620 Mohawk Preferred series B Montgomery Ward & Co Morrell (J) & Co Morris & Essex Motor Products Motor Wheel Corp 10 21 15* 55* 305* 175* 125* 5* 45* 45* Sale Sale Sale Sale Sale Sale 185'* 32 21 m Vi 32 30?* 31 175* 135* S* 175* 135* 22 5* Aug. 105* Aug. Aug. 25 Sale 15* 55* 305* 175* 7 13 5* 35* 3 5* 105* 75* Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 27 275* Sale 25 275* Sale 245* Aug. 14 100 170 167 167 Sale 47 "48"" 25* 245* 1035* 25* 225* 25* 255* 1015* 125* 90 12 13 125* 15 145* 145* 1005* 995* 109 24 225* Sale 65* 75* 65* 315* 285* Sale 75* 75* Sale 45* 45* Sale 22 225* 215* 65* 65* Sale 108 96 965* Sale 508 5* 25 75* 325* Sale Sale Sale Sale 95* 80 77 66 68 66 285* 25* 145* 115* Sale Sale Sale 13 Aug. 75* 25* 305* 8 Sale 75* 3 35 Sale 5* 5* 25* Sale 5* 5* 5* % 125* Sale 925* Sale 80 11 42 355* 265* 115* 155* 185* Sale 355* Sale Sale Sale 275* 75* Aug. Aug. Aug. Aug. 4 Aug. 20 Aug. 65* Aug. 8 80 35* 13 10 13 28 27 23 13 135* Sale 55* 425* "55* 44 5* . 135* Sale 42 Sale 34 37 3 735* 5* 25* 1155* 116 1175* 120 29 109 40 Sale /fa Sale 195* Sale 8 245* 125* 155* 195* 255* Sale 16 20J* 33* 32 125* 74 110 65* 435* 6 305* 175* 13 1 45* 45* 13 5* 325* 85* 275* Aug. 31 Aug. 6 Aug. 5 Aug. 27 Aug. 30 Aug. 23 Aug. 23 Aug. 8 Aug. 8 Aug. 30 Aug. 1 Aug. 31 Aug. 1 Aug. 6 Aug. 31 275* Aug. 31 170 Aug. 6 495* Aug. 1 25* Aug. 12 25 Aug. 5 1035* Aug. 5 125* Aug. 2 15 Aug. 31 Aug. 30 Aug. 28 Aug. 29 Aug. 2 45* Aug. 12 22 Aug. 3 65* Aug. 13 Aug. 14 Aug. 29 Aug. 14 Sale 33 90 255* 105* 285* 15* 245* 65* 315* 75* 205* 65* 275* 65* 685* a;67 285* 28 Aug. 29 Sale 8 25-* Aug. 8 155* 145* Aug. 285* 35* 145* 5* 25* 5* 9 465* Aug. 30 25* Aug. 27 24 Aug. 19 100 Aug. 12 12 Aug. 14 135* Aug. 19 Aug. Aug. 65* Aug. 13 125* Sale 125* Aug. 32 Sale 29 315* Sale Aug. 116 118 Ill Aug. 1125* Sale 40 43 39 38 415* Aug. 106 1105* 103 1105* 105 Aug. 28 135* Aug. 108 Sale 77 Sale 11 Sale Sale 495* 25* 205* 13 - 255* 3 For footnotes see page 40. Aug. 28 Aug. 13 Aug. 20 Aug. 16 Aug. 16 Aug. 29 Aug. 14 Aug. 23 Aug. 13 Aug. 13 Aug. 15 Aug. 14 Aug. 13 Aug. 13 Aug. 7 Aug. 30 Aug. 16 Aug. 16 Aug. 16 Aug. 1 Aug. 5 Aug. 19 Aug. 19 Aug. 16 Aug. 16 Aug. 16 Aug. 5 Aug. 16 Aug. 17 Aug. 9 Aug. 12 85* 265* 28 52 19 32 Sale Sale 23 5* Aug. 30 151 28 Sale 115* 695* Sale 5* 45* Sale Sale Sale 295* Aug. 16 16 19 12 13 10 14 12 14 8 6 16 20 13 16 17 19 1065* 195* Sale 120 Sale 9 Aug. 30 25* 145* 135* Sale 325* Sale 85* Sale 119 —5 Aug. 20 95* 135* 23 5* 235* 1005* 19 5*" Sale 120 Sale Sale 29 32 Sale Sale 445* 52 19 Sale 85* 28 31 30 7 6 30 22 6 5 125* 78 - Sale" 45 245* May 10 May May May May May 2 May 22 5* Aug. 235* May 275* 15* 175* 195* 4 May 85* May May 35* May 165* May 155* May 1005* June 15* May 5* Apr. 12 2 May 155* May 95* May 18] May 30 5 June 87 May May May May 169 June *33 87 16 May 135* May 27 May 9 May 105* May 225* July 205* May 97 May 155* May 29 June 2 May 135* June 1055* May 18 5* May 1385* May 155* May 38 May 255* May May 17 May 205* May 85* June 215* May 15* Aug. 4 May 130 235* 25 Sale Aug. Aug. Aug. Aug. Aug. Aug. Aug. 26 Aug. 315* Aug. 128 105* 285* 15* 65* 118 Sale 30 285* 135* 345* 15* 255* 245* 25* 55* Aug. 13 Aug. 31 2 5 Aug. 6 215* Aug. 12 20 Aug. 31 108 Aug. 2 25* Aug. 5 15* Aug. 8 35* Aug. 30 20 Aug. 5 *115* Aug. 29 235* Aug. 20 405* Aug. 1 65* Aug. 2 395* Aug. 20 97 Aug. 30 99 Aug. 30 1765* Aug. 2 20 6 Aug. 215* Aug. 10 35 Aug. 1 105* Aug. 8 145* Aug. 6 275* Aug. 31 26 Aug. 31' 1025* Aug. 15 -225* Aug. 1 335* Aug. 31 35* Aug. 30 165* Aug. 7 Aug. """ 1065* Aug. 8 Aug. 19 205* Aug. 12 Aug, 8 Aug.15 156 195* Aug. 12 Aug. 6 57 Aug. 1 Aug. 13 125* 45* 19J* 185* 18 Sale 225* 255* 1 Mullins Mfg 195* 285* Corp class B 1 $7 preferred... * Munsingwear * Murphy Co (G C) * 5% preferred 100 800 102,000 Murray Corp of America...10 * 5,900 Myers (F E) & Bro Mueller Brass Co-1- Sale 185* 124 Sale" 118 -—60 * 5 11 Sale 105 1055* 108 15* 25* 25* 1 Sale 5* 2 5* 35* 35* 185* 195* 205* 115* 115* 105* 22 23 245* 40 Sale 365* Sale 65* 65* Sale 7 39 37 39 41 92 97 Sale Sale 93 98 Sale 975* 175 176 181 178 * * 255* Aug. 16 125* Aug. 2 Aug. 5 15* Aug. 6 22 Aug. 28 225* Aug. 13 25* Aug. 9 225* Aug. 13 29 Aug. 20 32 15* 35* Sale 115* 24 * * Highest Sale Prices 115* 167 98 106 295* 27 Sale Sale 15* Sale Sale Sale Sale Sale Lowest Sale Prices 108 125 245* 115* 6,500 47,100 Mission Corp 49,800 Mo-Kan-Texas 7 % preferred series A 93,900 19,600 ^Missouri Pacific 175* Sale Sale 7 60 Transp 19 Sale Sale 99 Min 75* 55* 13 Sale 100 & 65* Sale Highest Sale Prices Sale ' 37 Sale 1785* 185* Sale series A_. S5.50 pref ser B with warr„* S6 preferred 71,200 Minn Moline Power 2,120 648,400 2,700 13,150 105,700 69,400 33,300 57,100 6,800 34,800 21,100 1 525* "535* 35* Sale 265* 255* -.1 8% 1st preferred 100 5,690 46,100 Min-Honeywell Regulator Co.* 4 % conv preferred ser B _ . 100 2,550 112,300 2 Sale Sale 35 Sale 335* 345* 95* 105* Sale 95* 10 14 Sale 16 Sale 145* Sale 325* Sale 275* Sale 265* Sale 26 Sale 355* Sale 245* Sale 1065* Sale-. 400 -102— 101—-Safe ~ 48 5*-Sale— 215* Sale 225* Sale 33 Sale 465* Sale 335* Sale 35* Sale 35* Sale 25* 251 175* Sale"155* 16H"~ 14~5*~"SaIer 106 109-110 " 1065*1095*" 1095* 195* Sale 195* 20 245* Sale 151 154 ! 1565* Sale- 150 154 19 195* 185* 195* 205* Sale 55 56 56 Sale 585* Sale 74,900 Mathieson Alkali Works 550 7% preferred.... 100 49,000 May Department Stores..-.10 19,600 Maytag Co (The)—... Marshall Field & Co Co Martin Parry Corp 105 5* Sale Sale 6 Martin (Glenn L) Sale 225* 114 5* Sale 12 122,200 Mid-Continent Petroleum...10 ._* 56,h00 Midland Steel Products , Sale 275* JManhat'n Ry Co 7% 8^-100 Modified 5% guaranteed 100 Manhattan Shirt. 25 Maracaibo Oil Explor. 1 Marine Midland Corp —- 5 Market Street Ry prior pref 100 43,240 Merch ,500 2,300 1,100 4,800 Co.-10 100 32,000 Mesta Machine Co 165,300 Miami Copper 900 200 * 251 *400 -10 73,700 Melville Shoe Corp....— —--1 55,000 Mengel Co .50 5% conv 1st preferred-17,280 * 500 19 22 85* 6,300 1,500 1,000 2,200 * —- S3 series conv pref 60,100 40,500 McLellan Stores Co. 6% conv preferred 1,240 99,100 Mead Corp 9,300 5,400 2,900 125* 13 45* 55* 215* Sale 5 3451 * 300 3,200 — 100 1 * 53,300 Mclntyre Porcupine Mines..-6 10 138,100 McKeesport Tin Plate. 5 307,900 McKesson & Robbins, Inc 580 75* 135* Sale 5 Sale 1 680 200 1 - S3 preferred.—.4,700 SO 1st preferred 2,170 29,100 McCall Corp .... 102,700 McOrory Stored 6% conv preferred 1,300 60,300 McGraw Electric Co 20,500 McGraw Hill Publ Co- 2,400 1,900 65* 105* 12J* 45* 205* 145* 155* 15* 45* 45* 145* 405* 130 2,900 $6.50ipjflteSd—: • ~2~, 900 Sale Sale 305* 125* Mandel Bros 300 1,000 3,200 7,600 7,900 2,400 2,700 . * 1 *■ Sale Sale 16 28 40 Loew's m 85* 145* .* Liquid Carbonic Corp — Sale 17 Lockheed Aircraft Corp - 305* * . 140 "4",600 — 26 Sale -25 100 255* 235* Sale 3 25* 15* 225* 245* 285* com—.25 — 345* 15* 235* 245* Sale 7 Series B Preferred Sale 25 -5 Life Savers Corp Sale 13 Sale * Glass Libby McNeill & Libby 45* 28 29 Product! Corp.-5 Corp— Li bbey-0 wens-Ford 12,500 Mac Andrews & Forbes 2,400 1,200 4,800 — 830 6% preferred.. 124,600 Mack Truck Inc — 115,500 Macy (R H) Co Inc.. 20,500 Madison Square Garden 25,200 Magma Copper 113,300 Manati Sugar Co 3,600 400 30 Z Bryant Lee Rubber & 200 30 * 116,900 Lorillard (P) common Preferredi^r-.--—- r—100 4,310 34 ,400 Louisville Gas & Elec^A—— 32,000 Louisville & Nashyille 100 400 520 ---- 5% preferred... Lambert Co (The) Lerner Stores 23 35* _+ Baking -—o 7nviuici 920 —5% -preferred, 10 6,400 1,300 1,300 3,300 * ::io Ask 33 15* Stores. __i 82.600 Lone Star Cement Corp 260 "V, 800 IIIi Laclede Gas Light... Lehn & Fink 125* 32 Kroger Grocery & Lane P Lowest Sale Prices Aug. 31 Ask Bid Sale Wire Co "Z* 48,300 Long Bell Lumber A 37,300 Loose-WUe&.Biscuit 1x50.0. 1,900 2,400 Copper Kinney (G R)----$5 prior preferred Kresge (S S) Co.. Kresge Department Kress (S H) & Co J,634,100 Loft) Xj3C 6,000 Bid » .... 6,200 3,000 1940 Aug. 1 Keystone Steel & Kimberly-Clark. 1 Jan. 2 EXCHANGE Par Kennecott RANGE SINCE JAN. PRICES IN AUGUST Price STOCKS N. Y. STOCK In 14 8 16 2 2 22 25* Aug. 22 33 5* Aug. 28 8 1 Aug. 5* Aug. 2 Aug. 5* Aug. 5* Aug. 125* Aug. 885* Aug. 116 5* Aug. 119 Aug. 385* Aug. .35 Aug. 23 5* Aug. 105* Aug. 145* Aug. 185* Aug. 25* Aug. 28 Aug. 125* Aug. 735* Aug. 110 Aug. 55* Aug. 425* Aug. 1 95* Aug. Aug. 29 685* Aug. 13 29 5* Aug. 1 35* Aug. 31 2 155* Aug. Aug. 6 Aug. 1 Aug. 31 Aug. 1 32 Aug. 31 117 Aug. 30 42 Aug. 30 108 Aug. 14 80 xl* 3t* 85* 5*6 25* 5* 8 16 21 12 2 13 4 13 925* 22 118 6 119 20 425* 355* 265* 13 13 17 165* 16 15 10 20 12 o 1 30 13 13 20 76 19 1105* 8 65* 13 425* Aug. 31 Aug. 22 Aug. 6 Aug. 16 Aug. 1 Aug. 21 Aug. 14 Aug. 28 Aug. 1 Aug. 1 Aug. 6 Aug. 31 Aug. 2 Aug. 1 Aug. 31 Aug. 3 Aug. 30 Aug. 30 Aug. 6 Aug. 3 Aug. 12 Aug. 29 Aug. 31 Aug. 13 21 21 21 22 20 23 21 13 22 Jan, Feb. 26 Feb. 16 Feb. 26 4 295* Jan. 345* Apr. 3 9 Jan. 5 5 11 8* all - 5 22 if* liH 15* 55* 85* 155* i74 160 June 12 170 ^95* 64 Feb. 5 535* 245* 25* 115* Feb. 6 24 22 335* May May May Aug. May May May May May May 95 June 26 110 865* June May 110 1135* 315* 335* 213* 85 82 May Jan. 3 Jan. 5 4 Jan. Apr. 4 Feb. 19 Jan. 11 Jan. 3 Apr. 20 Apr. 15 Apr. 15 Apr. 5 May 9 Apr. 4 Jan. 3 Apr. 6 Apr. 27 Mar. 27 Apr. 15 Mar._15 Apr. 8 Apr. 8 Jan. 2 Apr, 10 May Apr. May 3 2 3 Jan. 4 Jan. 25 Jan. 4 Mar. 8 May Jan. 7 9 5 Mar. 29 Feb. 21 Apr. 16 Apr. 15 8 Mar. 2 Jan. 4 Feb. 23 Apr. 22 26 13 285* 22 325* 125* 21 175* 21 21 405* 24 122' 54 21 A" 1115* 3 Mar. 29 Jan. 8 Apr. 8 Feb. 24 Apr. 3 Apr 25 Jan 3 Jan. 8 Apr. Apr. 1 1 Jan. 4 Apr. 15 May 3 May May 6 2 345* Mar. 65* Jan. Feb. 5 5 21 May 27 Apr. 8 Apr. 10 May 9 Apr. 8 May 9 Apr. 8 Jan. 20 Apr. 24 Apr. 25 Apr. 8 Jan. 45* Jan. Jan. Jan. June May Jan. 325* Apr. 15 365* May 22 535* 25* May 22 45* 20 May 23 305* 965* June 14 105 105* May 22 165* 10 May 21 175* 93 May 21 111 175* May 21 29 June 6 5 95* June 26 26 475* 55* May 15 125* 4 85* May 15 175* May 28 5 May 21 90 May 31 107 75* May 28 145* oB 5 4 10 8 Jan. 40 H Jan. 10 25* May 26 May 75* May May 1 May 5* June Jan. 16 5* Jan. June 103 Apr. 75* Mar. 11 355* Feb. 28 175* July 17 21 65* 115* 235* Jan. 45* Apr. 18 June 25 215* June 10 10 Jan. Jan3 22 35 31 1365* May 10 Jan. 3 24 21 Apr. 15 65* May 21 24 9 Apr. 18 Jan. 24 8 315* Apr. 21 95* 23 185* 15 165* 28 21 355* 22 235* 10 115 4 23 17 17 21 245* 14 18 29 21 10 535* 15 95* 28 45 22 109 22 1095* 19 1805* 22 235* 21 21 15 145* 21 185* 3 415* 21 375* 22 1095* 21 395* 3 465* 15 10 23 17 255* 31 162 21 18 60 10 21 M ay 21 24 145* May 21 115* May 23 May 31 35* May 22 25* May 21 May 21 48 3 385* 145* 465* 25* 195* Jan. 119 May 119 July 31 1215* Jan. 30 Jan. 3 May May 56 45 Feb. 2 June 305* Feb. 16 Apr. 185* Apr. 18 May May 15 May 25* May 20 May J* 'IPs 39 83 111 4 May 41 June 9 Feb. 16 Feb. 28 Mar. 20 85* May May 975* May 56 Jan. 1 4 Mar. 29 Feb. 14 85* Feb. 16 53 Apr. 8 AGGREGATE SALES STOCKS In Since Jan. 1 488,300 6,620 268,700 12,400 4,800 259,800 284,100 3,500 10,600 2,000 10,700 103,800 4.3,500 400,425 3,210 4,200 45,000 20.360 179,600 5,600 196,100 4,100 207,700 4,500 920 14,200 2,300 800 5,300 17,800 300 300 '""266 5,900 3,500 18,200 130 160 1,900 700 9,400 100 16,300 1,000 13,300 2,400 14,200 4,900 4,700 800 16,910 18,200 1,620 237,200 32.900 12,500 6.700 -1,380 10,800 60 840 3,000 220 3,600 3,000 3,600 100 70 1 Nat Automotive Fibres Inc--1 6% conv pref. 10 National Aviation Corp -5 National Biscuit Co_. 10 National Acme 7%_ preferred— Nat Bond A Investment Ask Sale 22 >4 15 15*4 Co._» 94 % MH 11 9*4 13*4 preferred class A 100 preferred class B 100 National Dept Stores———• 116*4 . preferred- -* — N a to mas Co— 21,500 30,500 ... 1 ' * 4 H % conv —-——1 83 serial pref—100 Sale 13*4 25*4 25*4 Sale Sale 25*4 6*4 40*4 10H 12 21 *4 24 ~ile 4*4 5*4 7H 110*4 60 New York A Harlem 21 Preferred 6% Aug. 117*4 Aug. 51 Aug. % Aug. *4 Aug. *4 Aug. 17*4 Aug. 25 26 25*4 211 208*4 214 110*4 111*4 109 20*4 20*4 Sale 55 56*4 55*4 54*4 55 53*4 17*4 16*4 Sale 87*4 Sale 87*4 6*4 Sale 7*4 110*4 111*4 111 36 33*4 34*4 2*4 2*4 2*4 25 25 28 Co..: 10 series——50 50 Preferred 5*» % series 50 Preferred 2.50 Norwich PharmacalCo Oppenheim Collins A Co 15 14*4 6% Aug. 110*4 Aug. 18*4 Aug. 54*4 Aug. 54 Aug. 15*4 Aug. 87*4 Aug. Aug. Aug. Aug. Aug. 25*4 Aug. 14 13*4 preferred-----------100 * — $5.50 conv 1st preferred.—* Mfg..—5 —* Preferred -—100 100 Owens-Illinois Glass Co.. 12.50 111,100 Pacific Amer Fisheries Inc.--5 Outboard Marine A Outlet Co Aug. 19 5*4 15 1 17 19*4 26 7*4 14 8*4 11 13 27 19*4 13 166 14 13*4 — Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 17*4 Aug. 17 14 12*4 Aug. 10*4 Aug. 21 16 14*4 Aug. Aug. 1 114 20 112*4 Aug. 4*4 Aug. 20 22 6*4 Aug. Aug. 13 22 9 8*4 Aug. 8*4 Aug. 13 8 81*4 Aug. 19 17*4 Aug. 9 163 Aug. Aug. 28 142 Aug. 16 19 14 8*4 Aug. Aug. 14 61 6*4 Aug. 13 5 9*4 Aug. Aug. 13 36 Aug. 5 38 5*4 Aug. 14 8*4 Aug. 15 10*4 Aug. 17 16*4 Aug. 27 6 75 .Aug. Aug. 22 42 Aug. 27 106 17 26*4 Aug. 7*4 Aug. 13 16 43 *4 Aug. 16 13*4 Aug. 14*4 Aug. 13 14 25*4 Aug. 13 25*4 Aug. 4*4 Aug. 1 6*4 Aug. 30 28 104 Aug. 15 117*4 Aug. 13 53*4 Aug. ylt Aug. 26 % Aug. *4 Aug. 16 20*4 Aug. 27 16 Aug. 30 216 Aug. ~ 112*4 Aug. 20*4 Aug. 20 56*4 Aug.'' 16 55*4 Aug. 17*4 Aug. 13 88 Aug. 1 16 7*4 Aug. Aug. 13 112 Aug. 5 36 13 2*4 Aug. 27 13 Aug. 14*4 Aug. 12 _ _ 26 31 30 9 29 31 1 13 12 22 31 5 1 31 30 28 31 31 9 31 28 31 9 12 30 22 31 1 5 28 27 2 5 1 27 6 30 27 28 21 12 31 31 1 27 1 3 28 15 6 5 16 8 1 12 28 7 1 5 3 31 8 31 30 30 12 29 14 6*4 Aug. 10 14*4 Aug. 30 3 10*4 Aug. 6 Aug. 12*4 Aug. 10 Aug. 100 Aug. 3 Aug. 12*4 Aug. 132 Aug. 7 Aug. 23*4 Aug. 22 Aug. 50 Aug. * Otis Steel Co Aug. 212 -* Otis Elevator Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 104 Y^ackf^Weet"Ry N CoII100 JNYNflA Hartford 100 Convertible preferred-—-100 Ohio Oil Co (The) » 384,800 Oliver Farm Equipment * 61,000 Omnibus Corp (The)--—---6 70,100 8% pref series A -—100 3.480 640 200 Sale Sale Sale North American Aviation—-1 Northern Central---———.50 414 900 Northern Pacific 100 5 300 North States Pow Co $5 pref.* 3 060 Northwestern Telegraph oO 16 inn Norwalk Tire A Rubber -* 46,100 40 8,500 40 105*4 23*4 7*4 50*4 ♦ York Air Brake 16*4 75 41 1 450 500 50 4*4 7*4 9*4 10*4 Sale 17*4 18*4 72 75 111*4 049 400 13,500 124,000 2,170 195,300 9,500 11,200 17,500 32 * — Nehi Corp Neisner Bros Inc 584! 100 Nwth Amwican 4,100 160 56*4 5*4 9*4 - 800 1,600 . 20*4 410 4,600 16 168 142 ——..100 90 13,000 4,200 80 34 130 70 ' 6% prior preferred—---100 National Tea Co 500 500 Sale 82 18*4 Sale 7*4 Sale 60*4 Sale 6*4 Sale 9*4 10 32*4 Sale 1,300 200 Sale 9*4 7 80 6*4 20*4 8*4 6*4 16*4 Sale ?2H% conv. preferred—— ---40 prior preferred 100 100 33,600 4 21*4 8*4 138 12,400 ' 111*4 160 100 90 112 6 ---10 National Lead Co 112 111 4*4 6% preferred.———.——10 National Distillers Product®—* Nat Enamel A Stamping * National Gypsum Co—— 1 400 29,800 1,800 1,600 42,500 17 5 3,900 1,000 Aug. Aug. Aug. Aug, Aug. Aug. Aug. 165 Aug. 12*4 Aug. 4*4 12*4 16*4 6*4 8*4 9*4 18*4 Sale 32 $4 730 Highest Sale Prices Sale Sale 1 320 71 600 —• Lowest Sale Prices Sale Sale 10 Highest Sale Prices Register..—-.—* wu New 36,300 60 Lowest National Cylinder Gas Co. - -1 National Dairy Prod Corp...* ao 100 Sale Sale Sale Sale ---100 5% pref series A 4*4 12*4 19*4 Sale National Bond A Share Corp.* $4.50 conv Aug. 3*4 Aug. Aug. 135 Aug. 8*4 Aug. 25 Aug. 24 Aug. 51 Aug. 104 15 5 30 31 12 1 30 30 6 —- "V, 600 11,000 204,600 710 14 .440 7 ,380 100 440 200 11,600 4,600 1,500 270 480 15,200 1,300 46,300 15,i00 200 900J ,200 1 ,870 78 ,549 24 ,100 1,121 ,000 1,116 ,100 12 ,800 270 584 ,500 200 5,400 5,200 2,400 400 12,200 4:200 200 9,900 400 900 500 8 ,400 253 ,800 5 ,500 170 920 1,810 200 3,300 1,800 26,800 1,100 100 5.000 Sale Sale 132 1 ---10 * — 2,000 9,300 15,490 25,530 6,600 53,470 51,200 318,600 24,100 3,700 59,000 For footnotes see 15 * * 10 Peoria & Eastern Ry Pere Marquette Ry 5% prior preferred 5% preferred 27 Sale ...* Phelps Dodge .-..-.25 Philadelphia Co pref 6% 50 $6 preferred * Philadelphia A Reading O A I.* 40. 37" Sale" 100 * page Sale Sale 5 Sale Sale 9 _ 3*4 11*4 20*4 8 4*4 12*4 22*4 8*4 6* Sale 43 44 81 83 21*4 Aug. 31 2 19*4 Aug. 1 34*4 Aug. 5*4 ,3*4 12*4 7*4 9/« 3*4 14*4 8 32 Sale Sale Sale Sale 88* 20 Sale IX 7*4 6*4 48*4 Sale 80 Sale Sale 49*4 2*4 20 111* Sale S* Sale 34*4 Sale 21 Sale 19*4 33*4 19*4 Sale 2*4 7*4 9*4 28*4 Sale 18*4 Sale 17*4 20 6*4 6*4 Sale 28*4 43*4 82 *4 19 Aug. 18*4 Aug. 32*4 Aug. 3*4 M Sale 8 40 5*4 Aug. 77*4 Aug. 8*4 Aug. 15 Aug. 1*4 Aug. 33*4 Aug. 20 Aug. 1 Aug. 8*4 Aug. 7 Aug. 48 Aug. 83*4 Aug. 2 Aug. 2*4 Aug. 20*4 Aug. 12*4 Aug. 148 6 10 12 1 9 2 1 '2 *4. Sale Sale '90 **« 2*4 9 8 33 22*4 19 6 *4 7*4 29*4 44 82 sXs Sale Sale 22 Sale Sale Sale 44*4 90 Sale 2*4 Aug. 8 Aug. 27*4 Aug. 16 Aug. 20 Aug. 6*4 Aug. 7*4 Aug. 26 Aug. 43*4 Aug. 81 Aug. % Aug. 30 30 13 13 28 6 20 17 1 16 26 2*4 Aug. 8 Aug. Aug. 22*4 Aug. 20 Aug. 6*4 Aug. 8*4 Aug. 29*4 Aug. 44 Aug. 81 Aug. *4 Aug. 33 10 June 10 June 6 June 11 91* Aug. 14 May 18 16 June 25 9*4 May 22 6 May 21 5 11*4 June 107*4 June 13 107 3 x¥A June AM May May 132 June J* 72 36 100 IU 45 1 17 3 8 12 17 3 3 8 Mar. 14 Apr. 4 Jan. m 96 Jan. Jan. 14 May 43* 3 4 8 May 21 Aug. 17 10 10 June 24 43 Mar. 13 May 21 25 Apr. 29 July. 31] 9L. 6 May 22 53*4 Apr. June 12 20*4 July May 30*4 May May May May May 3*4 May 4*4 May 104 May 110 Apr. 1g Apr. 24 6 Apr. 3 Apr. 4 Apr. 2 Apr. 11 Jan. - Jan. 15 3 30 18 20 15 6 3 31 9 22 22*4 Apr. 29 173*4 Jan. 31 19 148*4 Jan. 29 Jan. 4 21 27 3 8*4 Jan. 22 3 21 73*4 Jan. 4 9*4 Jan. 24 19 13*4 May May May 4H May May 23 26*4 May 24 34 Aug. 5 I* 21 ?8 6 7*4 June May 21 3 7*4 Feb. Jan. Apr. 7 July 8* July Apr. 16 24*4 Jan. 170*4 Mar. Apr. 19 99*4 Apr. 20*4 Jan. 16*4 Jan. 13*4 Mar. 18*4 Apr. 116*4 Jan. 22 May 23 114 May 28 May 23 June 10 26*4 20 24 21 21 110„ Jan. 50. Jan. June 10 May May May May 21 June 11 21 23 22 4 26*4 Aug. 28 14*4 Feb. 20 18*4 Jan. 21 21*4 Jan. Jan. 39 21 21 33*4 Mar. 21 8*4 Apr. 22 12*4 Apr. 21 115M Mar. 27 117*4 Aug. June 6 56. Feb. Jan. Apr. 27 Jan. Apr. 12 Jan. Apr. 4 Jan. 15 26*4 Apr. May 23 35*4 Apr. May 22 226*4 May May 25 113*4 Mar. May 21 23*4 Jan. Jan. May 22 59 58 Jan. May 22 May 14 26*4 Jan. June 5 90*4 Feb. May 15 9*4 Jan. Mar. May 24 113 Apr. May 22 36 5" Jan. May 15 Aug. 13 42*4 Jan. 16*4 May July 2 23 3 3 4 3 9 22 22 11 15 20 3 4 11 22 6 4 27 3 8 10 3 20 3 25 29 3 12 29 May 7 Apr. 4 Mar. 4 am Mar. 28 5*4 Apr. 18*4 Jan. 4 11 144 Feb. May 21 12*4 Jan. Jan. 41 May 21 June 10 32*4 Apr. 19 3 11 June 55 May 24 May 24 120 May May May May May May May May 5*4 Aug. 71 *4 Aug. 7*4 Aug. 15 Aug. 1*4 Aug. 31*4 Aug. 18*4 Aug. 1 Aug. 7*4 Aug. 6 Aug. 48 Aug. 78 Aug. 2 Aug. 2*4 Aug. 18 Aug. 11*4 Aug. 28 A* 27 2*4 Aug. Aug. 4*4 Aug. 10*4 Aug. 30 Aug. 39*4 Aug. 10*4 Aug. 123 Aug. 150*4 Aug. 4 Aug. 6 Aug. 3*4 Aug. 14*4 Aug. 8 Aug. *4 Aug. 35 Aug. 37*4 8*4 118*4 Sale 23*4 33 Pet Milk Sale Sale 18*4 100 100 100 Petroleum Corp Pfeiffer Brewing Co 39 1*4 1*4 2*4 * $7 conv pref series A .* Penn Glass Sand Corp v t c._* $7 conv preferred.--...-..* Pennsylvania RR Co.--.---50 People's Drug Stores Inc 5 People's Gas Light A Coke. 100 it* 29 Sale 17*4 1 Patino Mines A Ent Cons... 10 10*4 Sale June June Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 2*4 8*4 4*4 10*4 2*4 9*4 3*4 May 21 11 13*4 Jan. 13 July 15 7*4 June 20 1 57*4 Aug. 7 Aug. 30 10 Jan. Jan. 64% Jan. 4 4 22 17 6 June 10 10*4 Apr, 26 22 6 6*4 Jan. 23*4 Feb. 13 4 12*4 Jan. 14 Apr. 15 34*4 Apr. 15 22 22 21 22 22 21 Jan. 3 16*4 Jan. 4 50 25 139 June 18 154 Mar. 12 1 .Tune 10 Jan. 1 July 10 May 15 May 21 29 21 1 1 16 23 Jan. 16 May 22 28 June May May May May May May July May May May 99 5*4 71*4 8*4 100 Sale 11*4 10*4 118 118*4 123 148 148*4 148 3*4 3*4 Sale 97 1 6% 1st preferred 10*4 29*4 39*4 10*4 Jl 32 100 4% conv preferred-Paramount Pictures 28 3*4 14*4 7*4 Airways Corp..5 5 Prod A Kef 1 Paraffine Cos Inc * Pan Amor Pet A Trans 2*4 10*4 2*4 6 Pan American ... 15 .100 701 ,900 14 ,400 36 ,700 100 Packard Motor Car Sale —-100 191 ,700 Penick A Ford 21 ,600 160 ,100 Penney (J C) Co—-.— Penn Coal A Coke 21 ,600 Perm-Dixie Cement 52 ,900 700 300 6% preferred Pacific Tin Consol Oorp Pacific Western Oil Sale 6% 2d preferred— 10 62 ,800 Park A Tilford -----1 2 .500 Park Utah Cons Mines—-.1 111 .300 Parke Davis A Co * 84 ,700 Parker Rust Proof Co 2.50 53 ,200 Par melee Transportation Co.* 32 ,100 Pathe Film Corp 1 51" 100 1,700 3,100 6*4 23*4 ——* 8 .500 Panhandle 49 .400 1,000 600 5*4 Aug. 2d preferred.— --—--* 16 ,920 Pacific Finance Corp (Calif)-10 7 ,200 Pacific Gas A Electric 25 152 .700 Pacific Lighting Corp 53 .000 Pacific Mills ♦ 42 .400 Pacific Telep A Tel eg .-100 3 34.556 4,500 preferred 47 *4 Aug. 10 Pacific Coast 1st 1 Sale Prices Aug. 31 Ask Bid 172 16 ---100 Newberry Co (J J)---—--* 5% preferred series A 100 10 8,700 Newmont Mining Oorp 1 154,300 Newport Industries Inc 4,800 7,500 1,100 101.900 3,000 12,800 1,500 - Aug. 1 Bid Nash-Kelvinator Oorp— Nashville Chatt & St Louifl-100 National Cash RANGE SINCE JAN. IN AUGUST 1940 7% preferred A—.—100 6% preferred B -—-100 2,510 * 52,300 Nat Mail A Steel Cast Co 228,300 National Power A Light-..--* ———25 117,900 National Steel 159,100 National Supply Co of Pa—10 100 230 100 Par Shares 54.600 PRICES Jan. 2 exchange n. y. stock 37 EXCHANGE—STOCKS Price • August Shares STOCK Y N. Sept., 1940] Jan. # Apr. 1 Jan. 4 June 12 2 45*4 Apr. 5 7 101*4 Jan. 25 11 21 23 21 4 8*4 Apr. 94 Apr. 15 6 10*4 Apr. 21 18 21 22 22 28 21 June 26 May 23 June 24 4 4 Mar. 11 Jan. a 6 May 22 May 22 May 21 Feb. 6 2*4 Apr. Apr. 12 9 M Apr. 16 2*4 Mar. 12 12*4 Mar. 4 10*4 May 13 5 62*4 Jan. 96*4 May 4*4 Jan. 8 Feb. 17 4 8 Jan. 3 June 25 5 16*4 Jan. Jan. 5 121 May 18 4 24*4 Jan. May 22 25 May 18 May 22 21*4 May 38*4 Feb. 3 30 June 13 30 21 22 21 22 28 18 4*4 13** 39** 29** Jan. Apr. Apr. 8 9 12 May May May May May May 1 June 31 31 28 5 9 9 Apr. 9 24 Apr. 8% Apr. 25 4 10*1 Feb. 2 10 40 13 May 25 47 Jan. Jan. 2 11 16 June 11 85 Jan. 4 5 Mar. 20 % Mar. 1 38 N. T. STOCK EXCHANGE—STOCKS AGGREGATE SALES In Since August Jan. 1 Shares Shares 1,900 Price Jan. 2 1940 Aug. 1 Par 74,100 Philip Morris & Co 10 100 5% conv pref series A—100 27,400 Phillips Jones Corp * "l"306 170 100 Preferred 216,550 Phillips Petroleum 13,000 Phoenix Hosiery 18,550 300 10 * 5 Preferred 2,380 100 13,900 Pillsbury Flour Mills 25 1,470 Pirelli Co of Italy Am shares. 400 260 - 70 Pitts C O & St L RR Co """200 600 2,000 160 70 ' 6,100 1,000 310 570 240 810 """400 2,100 Bid 4,900 4,200 27,500 400 600 9,400 650 7,100 80 0 Ask 90J4 Sale 135 334 2534 4134 234 4334 2634 46 140 454 30 Sale 4* Sale Bid 78 34 77 70 Sale Sale 100 310 Lowest Highest Sale Prices Sale Prices 75 78 Aug. 20 27 3234 234 38 28 38 Sale 3 34 35 50 37 45 24 24 54 38 Aug. 5 454 Aug. 9 49 454 49 5 634 68 Sale 69 Aug. 28 234 Aug. 7 3754 Aug. 23 2334 Aug. 26 49 Aug. 2 3434 234 37 54 2434 52 Aug. Aug. Aug. 23 Aug. 3 Aug. 28 454 Aug. 5 Aug. 13 6 Aug. 20 68 Aug. 6 434 2154 754 73 Aug. 22 Aug. 10 Aug. 1 Aug. 23 7 172 16 554 13 754 16 22 16 13 13 32 13 1154 Aug. 7 Aug. 22 Aug. 31 Aug. 6 Aug. 5 Aug. 31 Aug. 5 18 2054 18 754 Sale 65 53 135 "454 5 22 19 74 , 146 167" 171" 834 15* Sale W* 40 18 19 29 3254 1554 Sale 14554 17134 176 173 554 Sale 554 Sale 7 54 Sale 754 23 2154 22 1554 Sale 1534 Sale Sale 3154 3134 32 11 Sale ill* 152 1 Sale 1334 34 1 u 1634 Sale 1254 1554 734 Sale 34 Sale 734 Sale 10 3i Sale . 16$ 172 Aug. 554 Aug. 7 Aug. 20 Aug. 15 Aug. 30 Aug. 10 Aug. Sale Sale 16 1634 13 Aug. 16 Aug. 13 17 34 Aug. 10 Aug. , 9 14 Sale 55,200 Poor & Co class B * 734 Sale Sale Sale 95,500 t Porto Rican Amer Tob cl A_* Sale 13,400 Postal Teleg Inc pref.. * 14 54 Sale 1034 Sale 488,500 Pressed Steel Car common—1 10 11 1034 15,100 1054 1454 14 34 5% conv 1st preferred 5 31 Sale Sale 33 43 54 8,100 4454 5% conv 2d preferred 50 64 Sale 65 H Sale 152,000 Procter & Gamble * 6154 Sale 116 Sale 115 116 Preferred 5% 7,620 1 —100 11854 Sale 3634 Sale 40 54 Sale 152,400 Pub Serv Corp of N J com.. * 3554 Sate * 109 Sale Sale — 110 I616OO [""7$5"pfeterrea::": _ _ _r_ - ----- *f|TT2 1 1234 121 Sale 11 22 I23"— 8t200 125125; 6% preferred _ ... - .TOO 13554 13954 135 142 143 3,700 7% preferred -.100 141 155 - 15634 155 Sate ~ Sale 4,610 8% preferred 100 161 Public_Ser-Vice.Elec & Gas —1,900 preferred * 11534 118 y8^1H54-120^ —l934~*Saie- ~2013i Sale 385,800 PirllTnraTt Crv—~r -3lT4~~Sale 734 Sale Sale 666,000 Pure Oil * 734 Sale 82 86 88 87 4,900 8334 8754 6% preferred.. 100 77 Sale 80 Sale 57,800 7854 7754 5% conv preferred ...100 1154 Sale 91,700 Purity Bakeries 1053 1154 * 4* Sale ... 9754 May 9 May 21 Jan. 23 Jan. 23 136 734 Apr. 4 68 634 Aug. 34 Aug. 634 Aug. . . 354 May 18 30 31 334 234 2454 Sale 334 Aug. 14 454 354 — 700 Highest Sale Prices 136 4 34 135 8' " Sale 1 Lowest 140 334 4934 534 Sale 2434 Sale Ask RANGE SINCE JAN. Sak~-Prices Aug. 31 Ask Bid 7754 112 100 30,300 Pittsburgh Coal (of Pa) 100 9,700 6% preferred 100 27,200 Pitts Coke & Iron Corp * $5 conv preferred 2,090 .* 20 Pitts Ft Wayne & Chi Ry.-lOO 880 7% guaranteed pref .100 131,100 Pittsburgh Screw & Bolt * 20,700 Pittsburgh Steel Co * 4,260 7% preferred class B 100 5,790 5% preferred class A 100 3,650 554% 1st ser conv prpf.. 100 19,260 Pittsb & West Virginia 100 10 Pitts Y & Ash Ry 7% pref.. 100 11,900 Pittston Co (The) * 45,000 Plymouth Oil 5 6,500 Pond Creek Pocahontas Co..* "2",600 PRICES, IN AUGUST STOCKS N. Y. STOCK EXCHANGE 9 10 2754 60 115 34 10854 12034 13454 734 Aug. % Aug. 734 Aug. 1034 Aug. 1054 Aug. 33 Aug. 6534 Aug. 116 Aug. "37 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 31 17 1 1 30 31 8 1 1 110 Aug. 13 123 ~ Aug. 10 13454 Aug. 15 158 Aug. 9 155"—Aug." 10 Jan. 27 54 May 22 2 34 May 24 40 Mar. 25 5 9 4134 Jan. 634 Feb. 28 66 29 2854 52 21 10 110 7 22 24 2734 24 934 6434 May 22 80 154 May 6 154 36 May 22 May 35 May 10754 Feb. 354 May 16 May 554 May 8 Feb. Apr. 26 Aug. 28 Jan. 17 Mar. 12 4 4 4 6 167 June 10 176 May 10 834 Jan. 2 454 May 15 Jan. 4 5 May 15 11 1654 May 22 3454 Apr. 25 10 May 21 1934 Apr. 8 19 May 10 May 21 37 7 May 21 1654 Apr. 8 3 3 15154 July 15154 July 154 Mar, 12 34 Feb. 14 9 15 May 28 2234 Feb. 6 Jan. 1254 Jan. 13 15 4 1234 Jan. 554 May 21 254 Feb. 27 54 May 29 5 8 6 54 J*ug. 20 July 3 1454 Jan. 654 May 21 3 634 May 21 1434 Jan. 9 21 4254 May May 21 53 June 5 7134 Apr. 16 2 11254 May 22 11854 Jan. 8 3054 June 10 4354 Apr. 11 100 May 21 11554 Tan Apr. 20 11054 May 22 128 145 126 Mar. 29 June__ Apr. 2. .14.3- .May..22 165. Jan. Apr. Apr. May . _ """ 300 „;i9,500 20,900 100 3,500 3,000 500 51,800 "3" 800 7,400 1,400 800 10,700 1,300 2,800 600 1,100 400 110 60 *00 100 8,200 1,400 50 9,700 88,000 4,310 1,900 2,700 200 50 8,900 200 20,000 16,000 20 23,000 300 2,000 2,600 100 6,700 200 2,900 100 ~ 7~,806 2,510 4,700 6,300 600 3,800 500 1,600 90 80 4,400 600 2,300 300 25,700 7,100 1,200 100 2,400 1,300 5,500 340 4,600 1,000 2,000 5,100 100 1,900 4,600 50 400 700 500 1,300 62,400 3,900 1,000 7,800 10 iMM — 7,400 Quaker State Oil Rfg Corp..10 1,480,800 Radio Corp of America 400 $5 preferred B * 60,800 S3.50 conv 1st pref .* 68,000 jRadio-Keith-Orpheum Corp.l 3,400 6% conv preferred 100 24,000 Ray bestos- Manhattan * 264,200 Rayonier Inc 1 47,500 $2 preferred .-25 52,700 Reading Co 50 6,800 4% 1st preferred 50 11,100 4% 2d preferred 50 9,500 Real Silk Hosiery 5 550 Preferred 1,900 10,500 3,500 136,100 13,400 15 Sale 434 l\* 10034 65 6034 Sale 55 254 1954 1854 2034 Sale 28 2834 1654 Sale 25 27 2154 23 100 * 11 1634 1754 1054 Sale Sale Sale 56 54 Sale Sale 1754 Sale §a}e 11 7 754 Reliance Mfg Co 10 8 1 8 Preferred w w 25 470 Rensselaer & Sara RR Co-.100 48 218,800 IReo Motors Inc vtc Sale 10 5 75 1234 Sale 2134 2534 19 ~ 20 2 254 2854 Sale Reis (Robt) & Co 1st pref.. 100 Reliable Stores Corp * Remington-Rand *11# 8 1054 Sale 49 70 58 154 1 Sale 1734 Sale 8954 Sale Sale 80 954 834 19 1754 77 54 72 1,666,200 Republic Steel Corp * 26,070 6% conv preferred 100 18,550 6% conv prior pf ser A..100 77,800 Revere Copper & Brass 5 Class A .10 10,100 670 7% preferred .100 2,140 554% preferred 100 198,500 Reynolds Metals Co * 3,400 534% conv preferred.:—100 142,900 Reynolds Spring Co 1 328,100 Reynolds (R J) Tob cl B 10 44 1054 80 234 3454 1854 H55£-:A:ngrT6 lltf^ Aug. 29 115 " May 21 118 Jan. "18 Aug. 16 2054 Aug. 31 1654 May 21 3254 Jan. 754 Aug. Aug. 7654 Aug. 1054 Aug. 10 Aug. 454 Aug. 86 36 19 2754 26 2934 133^ Sale 22 Sale 1954 1254 2154 1834 21 2 2 234 25 2834 754 754 30 634 11 754 Sale 8 954 834 Sale 51 5254 5434 70 8 754 4854 5454 Sale I* 55 Sale 50 55 11 85 1154 78 4534 Aug. 13 1054 Aug. 13 80 Aug. 13 754 Aug. 13 49 Sale 1054 3454 36 Sale 33 52 52 53 52 262,100 Richfield Oil Corp * 5,900 Ritter Dental Mfg * : 24,400 Roan Antelope Cop Mines 34,200 Ruberoid Co capital stock * 8,800 {Rutland RR preferred 100 90,100 St Joseph Lead 10 13,700 {St Louis-San Francisco...100 29,900 6% preferred 100 1,600 {St Louis Southwestern 100 240 5% preferred 100 lb3,500 Safeway Stores * 38,860 5% preferred 100 122,900 Savage Arms Corp s. t 160,600 Schenley Distillers Corp.. 5 16,400 534% preferred 100 164,800 {Schulte Retail Stores 1 35,100 8% preferred 100 27,800 Scott Paper * S4.50 conv preferred 1,630 $4 preferred 1,920 * 8 55 Sale 854 8 554 354 1454 54 3354 Sale 334 1534 Sale Sears, Roebuck & Co * * * Servel Inc 1 Sharon * * * * * Steel Corp preferred Sharp & Dohme Conv preferred series A Shattuck (Frank G) $5 conv Sheaffer (W A) Pen Co Shell Union Oil. 5 34 % conv preferred Silver King Coalition Simmons Co Simms Petroleum. Siinonds Saw & Steel Co . * 15 100 5 * 10 * ..15 54,300 Skelly Oil Co. 9,830 Sloss-Sheffield Steel & Iron. 100 preferred * 4,500 10 116,700 Smith (A O) Corp 8,700 47,500 990,100 105,700 17,900 Smith & Corona Typewr. Snider Packing South Amer Gold & Plat 1 Southeastern Greyhound L 5 990 see * Socony Vacuum Oil Co Inc. .15 93,900 South Porto Rico Sugar For footnotes * 8% preferred page * 100 .54* 4 354 19 12 80 1054 13 36 15 6 53 20 8 20 9 19 23 854 554 454 15 34 33$ g 1 15 31 1 13 22 1 2 31 20 9 13 13 9 2 5 31 13 7 Aug. 2 Aug. 1 Aug. 9 Aug. 1 Aug. 30 Aug. 30 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 29 5 13 31 31 14 21 1 23 2 9 1 23 22 15 4 * 100 3/.„ Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 4154 Aug. 4454 Sale 10654 10634 10454 Aug. 2034 Aug. 2534 Sale 10 Sale 954 Aug. 72 7134 7154 Aug. Sale 54 Aug. 234 234 Aug. 234 40 3754 3734 Aug. 113 11354 114 Aug. 10754 10654 Aug. — {Seaboard Air line 4-2% preferred Seaboard Oil Co of Del Seagrave Corp (The) 5 354 1354 34 2734 54 54 1 Sale n Sale — 590,200 34,300 33,200 11,900 337,500 176,800 32,000 1,200 105,100 11,300 79,300 3,700 119,800 12,400 53,500 109,200 15,500 11,300 31* a 454 754 754 854 434 5 4 334 14 54 Sale 1 31 5 17 3 21 5654 Aug. 3 Aug. 36 Aug. 1854 Aug. 1734 Aug. 3054 Aug. 1334 Aug. 23 Aug. 1954 Aug. 254 Aug. 29 Aug. 854 Aug. 8 Aug. 8 Aug. 834 Aug. 51 Aug. 5754 Aug. 134 1734 9534 80. 954 10 Common 13 24 19 5 13 19 6 27 13 20 2 13 9 Aug. 1534 Aug. 16 3 8754 Aug. 77 Aug. 27 854 Aug. 20 18 Aug. 22 85 Sale 720 Aug. Aug. Aug. Aug, Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 1 154 Sale 1754 Sale 94 9234 7954 Sale 1»K 8 21 30 13 754 Aug. 1 Aug. * 6 Aug. 30 1154 Aug. 1 11 Aug. 8 5 Aug. 3 86 80 Sale 154 Sale 1934 1854 254 254 8554 Sale it* Sale Sale 60 5354 554 Sale 50 5254 634 Sale 3754 Sale 1.234 Sale 10534 10754 7 654 2234 Sale 254 254 22 2034 112 24 Sale Sale it* 144 Sale Sale 2034 Sale Sale Sale 2554 Sale Sale 13 134 8054 Sale 1054 Sale 10 1054 52 5734 334 Sale Sale Sale 11 Sale 334 4234 Sale 3654 % Aug. 54 Sale Sale o 4234 554 36 45 Sale Sale x -054 Aug. 12 134 7454 954 954 5154 354 4054 454 3534 Sale 8 854 Sale 102 10254 104 Sale 454 Sale 354 Sale 1634 Sale 1434 254 2 154 154 24 23 2554 2234 1534 1654 1454 1654 103 Sale 112 111 1634 1034 2054 1234 234 Sale Sale Sale 754 Sale Sale May 21 81 90 110 11054 109 43 54 Sale 1234 754 754 17 15 1534 854 Sale 854 134 134 134 15 1254 1254 154 Sale 1.2 34 1234 1854 Sale 2054 Sale 153 13354 13354 153 16 135 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 14 4434 Aug. 12 17 10634 Aug. 27 16 14 13 2 13 27 9 23 1 1 29 1 16 15 Aug. Aug. Aug 54e Aug. 254 Aug. 39 Aug. 114 Aug. 108 Aug. ft* 73 54 %s 1354 134 8034 1054 16 1 5 16 14 5 13 19 13 16 23 20 tAug. Aug. Aug. 534 Aug. 38 Aug. 834 Aug. 10334 Aug. 454 Aug. 1634 Aug. 154 Aug. 43 25 16 16 1 90 13 112 16 5 14 1 1 9 13 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 14 Aug. Aug. Aug. Aug. Aug. 754 Aug. 17 Aug. 854 Aug. 134 Aug. 13 Aug. 2034 Aug. 22 135 Aug. 30 1 1 21 9 12 2 29 12 June 84 7334 May 28 9 5 June 10 Aug. 30 454 May 23 Apr. 90 5354 234 3454 1654 1454 Sale 73 16 6 15 4854 May 21 234 Aug. 24 June 34 19 1554 May 22 1354 May 21 24 May 28 954 May 28 8 1934 June 17 May 22 134 May 21 2454 May 23 June 6 6 634 May 21 8 Aug. 5 6 May 22 *37 34 50 1 7 ■Tune May 28 May 14 May 7054 May 60 May 754 May 1754 July 70 39 June 32 June May 554 May 434 May 354 Aug. 1154 May 0.54 27 May 54 854 754 12 22 54 134 June 17 Jan. 3 Jan. 3 Feb. 27 Apr. 4 Feb. 9 42 Jan. 3 34 Jan. 54 Jan. 2 3 Jan. 30 4 Jan. 9 May 10 434 May 18 21 53 Mar. 14 21 11154 Mar. 28 21 3154 Apr. 26 21 1434 Mar. 27 2 8551 22 34 734 49 25 11554 10754 June 10154 June 24 109 54 May 16 34 May 18 May 21 May 15 May 21 854 June 10 854 May 21 1 5154 Aug. 3 May 21 4054 Aug. 16 434 May 21 34 May 29 6 734 .Tune 9554 June 14 334 May 22 1254 May 23 134 May 31 1734 May 24 liH 67, June 4 May 24 105 May 22 1054 May ^22 5 ■> May 21 15 June 8 5 254 May 21 34 May 14 11 9 9 3 8 5 44 2 eft Jan. Feb. Jan. Apr. Jan. 10 5 Apr. 9 3 22 22 92 21 19 13 May May 17 May 754 May 645 July 3 6154 1554 9654 1154 26 June 96 8 13 54 10 54 5734 69 26 54 Apr. July 34 Feb. 4 3 9 3 Apr. 4 Jan. 3 Aug. 9 May 9 Jan. 3 Apr. 9 Apr. 17 Apr. 8 Feb. 20 Apr. 8 May 2 21 21 22 8 28 May 15 he May May May Feb. Apr. 3 Apr. 15 Apr. 8 June 20 July 9 Apr. 4 May 3 3754 May 4 1754 Apr. 8 2631 Apr. 10 23 Jan. 3 434 Feb. 8 55 Mar. 4 -13 Jan. 12 2 2354 9554 80 1434 3054 15 21 May 27 854 May 21 7534 May 28 654 May 21 52 1154 9754 89 1534 1554 754 90" 69 3 3654 23 29 54 10 34 154 20 234 88 1634 1554 5954 534 56 734 4054 1354 10854 654 24 254 25 2354 120 11454 1854 1154 \ Feb. 27 Jan. 2 Jan. 2 Jan. 3 Mar. 25 Apr. 6 Jan. 11 Apr. 9 Apr. 12 Jan. 11 Apr. 5 Mar. 13 Feb. 13 4 Jan. 7 Feb. Jan. 10 3 Jan. Apr. 29 Feb. 19 May 10 Apr. 8 May Apr. Jan. 2434fFeb. 1254 754 May 21 2,54 134 July / 1 10 May 22 1634 16 Aug. 13 3034 128 May 28 15254 40. May 9 Jan. 2 Feb. 21 Jan. 4 Jdn. 11 Jan. Mar. 11 Jan. 3 May 10 Apr. 23 Sept., 1940] 39 exchange—stocks y. stock n AGQREOATE SALES In Since August Jan. 1 Shares Shares 6,800 23,500 21,900 18,600 Aug. 1 Par 13,200 374,700 67,100 18,500 3,900 330 630 8,900 45,200 200 5,000 6,700 1,300 6,300 26,400 25,500 55,200 1,400 3,900 6,600 2,600 16,400 67,900 2,800 443,900 438,800 798,900 17,200 65,100 103,000 118,500 303,900 2,630 115,300 54,800 99,800 34,000 35,500 ~—3,500 220,400 102,725 100 100 "TC200 9,700 300 20 4,000 47,300 2,200 9,500 4,500 3,600 400 1,300 ""loo 240 3,800 2,800 500 3,800 2,100 "9,600 600 12,900 6,100 10,100 13,600 1,800 6,800 200 5,300 900 111 8,000 380 260 3,000 5,800 130 500 100 1,900 800 1,500 200 4,100 200 2,200 29,100 2,900 2,500 1,200 1 * 1 —* 5 United Air Lines Transport. .5 United Aircraft Corp Preferred * * * * 5 10 23,200 United Dyewood Preferred -—100 2,800 5 65,700 United Electric Coal Cos 5 17,400 United Eng & Foundry * 116,300 United Fruit * 518,200 United Gas Impt Co 7L500 38,000 8,480 6,260 28,400 98,000 1,980 19,500 1,500 91,100 41,200 ♦§>5 preferred ^ ~ United Merch & Mfrs fnc United Paperboard Co vtc.l 10 U S & Foreign Secur Corp.. $6 1st preferred * U S Distributing Corp pref-100 U S Freight U S Gypsum Co 7% preferred U S Hoffman Mach 5 % % conv preferred U S Industrial Alchol U S Leather Co Class A 76,000 Prior preferred 3,800 70,800 U S Pipe & Foundry 10,600 U S Playing Card 67,200 |U 8 Realty & Impt * 20 100 5 see page 40. Sale Sale 58 122% Sale 7% 57 Sale 52 Aug. 16 Sale S3 Sale 29% Aug. 16 32% 7 6% Sale 8 Sale 15 29 X Sale 16 1% 11% 24% TO—Sale 32 Sale 17% Sale 8X 6% 5X 34 X Sale 7X Sale Sale 4% 6% 44% 3X 32 X 8X 6X 12 % 16% 50 X 3% 32% 4% 4*y Sale Sale 28 36% Sale 29 3% Sale 4 Sale 30% 2X 17X 10 % 90X 23 X 50X 30% Sale 18X Sale 90 X Sale Sale 6% 5 4% 32% 2% 30% 3% Sale 24% Sale 43% Sale Sale 1 0 88 Sale 114 Sale 16% «ale 95 86% 13 Sale 87% 17% 2% 39% 5 4% 59 5 34 85% 14% 115 11% 5% *8* 79 7% 9% 84% 175 %6 12% 71% 113 12% 84% 79 Sale Sale 116% Sale Sale 80 Sale Sale 38 Sale 17% 14% Sale Sale 18% Sale Sale Sale 5 Sale Sale 35% Sale Sale 112 118% 48% 49% 15 13% 1% Sale 33% Sale 4% 4% 3 2% 39% 4 29 Sale Sale 29% Sale 64% Sale Sale 12 Sale 116% 113% 9% Sale Sale 4 Sale Sale 4 Sale Sale 4% 81% 78 iss 6% 7% 7% 8% 64% Sale if?* 175 83 Sale oiV* Sale 30 31 27% 33 * 24 Sale 18 19 iVi Sale 7 * * 4 4% 4 4% 7% 59% 100 65 20 10 36 Sale 26% Sale 34 Sale 33 * <1% o79* Sale 40% Sale 112% Sale 62 68% 48 Sale 70 34 %6 % 20 Sale 83 Sale 3 31 31 31 31 8 21 23 X May 22 6% May May 13% May 31 July 1% May 8 3% June 63 July 14% May 33 May 19 May 45% May 4% May 46 May 26% May 5 May 16 Aug. 16 Aug. 23 2 Aug. Aug, 14 30 19 6% Sale 5% Sale 4% 5 32% 35 .3% 5% 35% 3% 31% 5% 4% " Sale Sale Sale Sale Sale Sale 8% l3 Sale 35 3% 3% 29 25% 4% 4% 4% 4% Sale 34 1% 1% 15 11% 9 % Sale 87 93 25% Sale Sale 42 4% Sale 17% Sale 6% 6 1% 63% 3% 1% 67% 4% 9 6 5% % 16% 1 8 5% 15% 1% 18 Sale Aug. Aug. Aug. Aug. 3% Aug. 13 5% Aug. 24 34% Aug. 17 5 2% Aug. 30% Aug. 13. 5% Aug. 3% Aug. 7 Aug. 9% Aug. 2% Aug. 32 Aug. 3 Aug. 25% Aug. 4% Aug. 4% Aug. 30% Aug. 1% Aug. 13 6 16 6 27 5 16 29 x9 Aug. 87% Aug. 22% Aug. 40% Aug. 4% Aug. 16% Aug. 5% Aug. 1% Aug. 64 Aug. 3% Aug. 7% Aug. 5% Aug. 15 26 81% 6% 7§" 181 90 7% 8% Sale 182 5 3% 26% 33 19% 18% 4% Sale 7% Sale 43 50% 25% Sale 34% 32% % % 19% Sale 82% Sale 49% 51 56 61% 63% 66% 2 2 3 22 22 Aug. 31 Aug. 30 6 Aug. Aug. 12 3% 5% 38% 3% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 33 6% 4% 8% 10% Sale 67 3% Aug 80 7 6% 63 175 3% 27% 17% 3% 6% 48 24% 33 % 17 % 80 49 62% Aug Aug Aug Aug Aug Aug, Aug Aug, Aug, Aug, Aug, Aug, Aug. Aug. Aug. Aug. Aug. Aug, 35 20 19 1 19 14 15 19 19 19 16 20 7 13 16 5 2 9 3 Apr. 2 Apr. 3 Jan. 9 Apr. Apr. 10 6 Apr. 9 Apr. 4 Jan. 8 Jan. 18 % J an. 9 8 22% Jan. _ 4% May 21 28% May 20 33 May 25 2% May 21 26% May 23 5% May 22 3% July 11 5 May 22 8 May 21 36% June 27 2% June 11 2 30 12 Aug. 16 Aug, 30 Aug. 22 1 Aug, 30 5 4 Aug. 31 9 9% Aug. Aug. 25% Aug. 43% Aug. 5 Aug. 18 Aug. 6% Aug. 1% Aug. 30 1 1 30 1 5 1 Aug. 16 5 Aug. 5 Aug. 5 Aug. Aug. *5 Aug. 31 1 1 29 9 30 23 Jan. 74 15% 22% 31% 12 3 10 14 31 7 1 7 23 5 2 31 21 7 27 12 6 May May 10 27% Apr. 24 97 52 Jan. 7 3 Mar. 14 21% 8% 2% 82% 5% 10% 13% 25% 3 % Apr. Apr. Jan. Mar. Apr. Apr. Jan. Jan. Apr. 30 Apr. 13% Mar. Jan. June 28 4 4 4 7 15 24 4 23 4 4 14 11 10 Feb. 19 May 21 Apr. 22 June June 10 mJan. May 27 116% May May 21 17% Jan. June 10 98 Apr. June 5 89% Feb. July Aug. 15 16 Jan. 11 29% May 3 53% Apr. July 23% Apr May 21 18 Apr. May 28 20 119 23 24 29 11 28 4 2 8 8 10 13 11 16 4 17 Feb. 23 65% May 19% Apr. Apr. 2 5 4 Feb. 13 Apr. 11 J" 3 21 Mar. 13 65% Mar. 14 3 5% Jan. 22 35 21 85% Jan. 3 3 22 15 Jan. 6 22 28 Jan. 117% Feb. 24 13% Mar. 12 7% Apr. 10 May 21 6 10 5 May 18 5% May 22 50 30 30 28 18 21 28 28 21 21 21 21 22 22 5 21 22 21 22 22 22 23 3% Aug. 24 80 Jan. 15 165 16 Mar. 70 30 Feb. 4 8 Apr. Apr. 22 Apr. 16 4 Jan. 12 26 8 Mar. 21 53 7% 5% 38% 2% , 22 8 5 2 19 Jan. 12% 110% June Aug. 29 42% May Aug. 30 12 May 1 Aug. 1% May Aug. 12 26% June 2 Aug. 3% May 2 Aug. 2% May Aug. 21 3«% Aug. Aug. 26 2% May 5 Aug. 25% May Aug. 30 60 May Aug. 27 10% May Aug. 13 107% June 1 6 Aug. June Aug. 8 4 2% Feb. Aug. 14 4% Aug. 83 Aug. 7% Aug. 8% Aug. 75 Aug. 182 Aug. 4 Aug. 27% Aug. 18% Aug. 4% Aug. 7% Aug. 49 Aug. 26% Aug. 33% Aug. % Aug. 20% Aug. 83% Aug. 56 Aug. 66 Aug. 4 11 42% Feb. 16 5% Mar. 8 105 1 Aug. Aug. 12 Aug. 29 1 Aug. 2 Aug. 31 Aug. 1 Aug. 1 Aug. 4 . Apr. Jan. Jan. Jan. Jan. 34 % 21% 9% 59% Aug. 30 2 Aug. Aug. 31 8 Aug. Mar. 21 Apr Apr. 5 * 1 7 47% 4% 35% 8% 6% 12% 18% May 15 25% May 1 May 8 May 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 31 5 5 June 3 20 22 Aug. Aug. June Mar. 5% Mar May 22 4% May 14 30 1% Aug. 40 a 1 34 9% Jan. 3 7% May 3 6 Apr. 11 4% May 21 31 5 % Aug. 9 Feb. 47 . 1 Aug. 31 5 _ May 14 23% Apr 11 9% May 25 12% May 21 19 3% 28% 5% 4% 8 24 Jan. 72 3 % May 22 2% Aug. 13 13 11% Aug. 13 66% Aug. 16 74% 111 113% 112 Aug. 16 114% 12% Aug. 15 12% 12% 12% 86 Sale 81% Aug. 20 86 77 80% 76% Aug. 21 80 15% 15% Aug. 15 15% 15% 25 Aug. 13 26% 25% 26% 33% Aug. 16 40% 40% Sale 14% Aug. 16 17% 16% Sale 13% Aug. 14 14% 13% 14 llP»nll2% 111% Aug. 16 113% 47% Aug. 20 49 49% 50 7 14 Aug. 16 17% 16% 2 2 Sale 1% Aug. 13 1 37 33% Aug. 35% 36% 3% Aug. 15 4% 4% Sale 2% Aug. 27 2% 2% 2% 36 37 36% Aug. 28 41 4 1 Aug. 4% 4% Sale 6 Aug. 29 30% 29 29% 64% 64% 60% Aug. 16 64% 8 11% Aug. 12% 11% Sale 112 113 112% Aug. 30 114 8% Aug. 14 9% 8% Sale 4 Sale 3% Aug. 13 4% Sale May 7 38% 57% 11% 66% 40% 7% 98 June 10 108% 1 2% May 18 2%: May 22 7% 1 31 16 6% 5% 4% 32% 4% 7% 6% 15% 1% 15% Aug. Jan. 3 " 64 Aug. 39 6 May Jan. Jan. Jan. . 89 1% Aug. 15% Aug. 7% Aug, 30% 15% 20% 34% 21 21 21 17 21 12 29 29 21 21 28 22 22 23 21 18% Aug. 2 4 17%!May 22 26% Jan. 25% Aug. 14 29 4 Apr. 20% May 28 34% Aug. 30 5 46% Jan. 29% June 1 33 Aug. 30 23 34% Apr. 11 May 21 65% Aug. 56 3 80% Jan. May 21 7% Aug. 8% Feb. 15 4% May 15 4% Aug. 2 4% May 20 8% Apr. 8 Aug. 5 5 12% Jan. May 21 8 Aug. 5 % May 21 12% Feb. 21 49 Aug. 21 4 46% Aug. 65% May 6 xl23 Aug. 8 118% May 29 124 Feb 13 8% Aug. 22 7% May 15 10% Jan. 20 9.77% 16% Aug. 31 27% Jan. 5 12% May 21 1% Aug. 2 2% Jan. 3 1% May 21 12% Aug. 10 17% Apr. 4 9% May 22 20 May. 21 _35.%JFeb.~28 | Z.3 ...May 22 7%-Mar-.-25 19 Aug. 1 xl7% May 29 24% Apr. 22 18% Aug. 5 16% Aug. 20 32% Jan. 25 % Aug. 30% Sale 12% Sale 74% Sale 4 2 31 31 1 30 40% 34 15 18% Aug. 16% Aug. 5% 4% 4% 32% 3% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. J24%_AU^--1 Sale Sale Sale 116 Sale 14 6% Aug, 17 4% Aug. 20 7 Aug. 16 1 6% Aug. 6 46% Aug. 121 Aug. 20 1 7% Aug. 13% Aug. 13 1 1% Aug. 11 Aug. 20 Sale 50 8 Sale 15% 26% 16% Sale 15% Sale 60. 67% Sale 8% 6% 16% 17 26 Sale Sale Sale 2 Sale Sale Sale 8 123 5% Sale 7% Sale Sale 2% 32 18 39% 12% 62% Aug. Sale 6% 4% 36 3% 25% 5% Sale 4% 4% 33% Sale 1% 1% 11% 14 9% Sale 23 12% Sale 7X 8 2% Sale 78 63 3 Sale 4X Sale 9x 11% 12X Sale 24% Sale 2X 2% 24% 28 10% Sale 4% 15% 18% 17% 23% 32% 29% 10% 42 37 5 75 1% 7 18% Sale 25% Sale 34% Sale 33% 6 1X 52% 4% 6% 6% 15% 19 106% 13 105%-Aug. 1% Aug. 3% Aug. 15% 13% Aug. Sale 16% Aug. 7% 48% 31 54 Sale Sale 18% Sale 5% 4% 42 Sale 6 Aug. 39 108 I7JFBaIe" 3% 3% 5% Sale 38% Sale 2% 3 31% Sale 6 6% 3% Sale 88 6 6 Sale 5 Sale 16% Sale 1% n 11% Sale 23 24% Sale 13 Sale -4 Sale Sale Sale Sale Sale 50X 18 6% Sale 4 Sale Sale Sale Sale 17 16% Aug. 35% Aug. 17 26 Aug. 23 2 53% Aug. 5% Aug. 16 56% 32% 2% 16 X :„:$.x] 17% Sale 122 17 Aug. Aug. Aug. Aug. Aug. 2 Aug. 4% Aug. Sale 27 X 9% 27% 8% 12% 19% 33% 7% Aug. 16 10% Aug. 13 16% Aug. 16 31 Aug. 7 1% Aug. 28 3% Aug. 15 39 18% Sale Highest Sale Prices 30% 53% 24% Sale 33% Sale 29% 31 65% Sale 6% Sale 4% 4% 7% Sale 6% Sale 48% Sale Sale Sale Lowest Sale Prices Sale 50 ..10 754,400 U S Rubber Co 8% 1st preferred 100 91,700 50 29,500 U S Smelt Ref & Mining Preferred 50 13,400 For footnotes Sale --100 •__* 2% 20 17% 6% Sale 105% 107 1% 1% 4% Sale 14% Sale 17% Sale Sale Sale ux 9% - 100 $3 preferred 152,200 285,500 United Drug Inc 10,3001 33% Sale imz 23,800 United Carbon 8,900 United-Carr Fastener Corp 855,500 United Corp 103 800 Sale Swift&rCo ~.25 Swift International Ltd— - — 26,000 United Biscuit of America 1,850 Sale 60 56 74'500i Union Tank Car 751 700 54 122 '^no'Union Premier Food Stores Incl ' Sale 8% 100 1 218 600 Sale Sale 52% 10% 100 -10c ■--* 1 -100 Sutherland Paper Co 10 Sweets Co of Amer (The)-__50 6% preferred Sunshine Mining Co Superheater Co (The) superior Oil Corp..Superior Steel .Corp. 47 600 170 45% 103 % Highest Sale Prices 65 34 6% 16% Sale Prices 26 Aug. 14 26% 1 RANGE SINCE JAN. Lowest Ask 8% Sale 12% Sale 19% Sale 33% Sale 2 1% 4% Sale 69 65 17% 18% 37% Sale 26% Sale 5 1 787 800 Union 348 800' Union 8,400 5,100 1,400 22% -* tUlen & Co * Underwood Elliott Fisher—* Bag & Paper * Carbide & Carbon * 3'460'TJnkm Elec Co of Mo $5 pref..* 93 0001Union Oil, California. 25 eo'400i Union Pacific Kit 100 21 5001 4% preferred 100 300 4,700 37,200 20,400 20 % 80 * Webster Preferred 2,640 202,900 Twin Coach Co 10 4,200 69 25% Sale 26 X Sale 44% Sale 33 X Sale --10 5 1 18,700 Twin City Rapid Transit 600 1,600 3,100 1,600 * Standard Oil Co. of Ind____25 Sterling Products Inc Stewart "Warner Corp Stokely Bros & Co Inc 65 10ib Standard Oil of New Jersey .25 Starrett Co (The LS) * * 31,200 Truax Traer Coal 10 3,700 Truscon Steel Co— 163,300 20th Century Fox Film Corp.* $1.50 preferred * 21,400 100 7,300 31,200 Standard Oil of California 7X Sale -* * 5 445,000 Transc & West Air Inc 16,100 Tran & Williams Steel Forg__* * 131,800 Tri-Continental Corp 3t>0 preferred * 3,600 3,100 4,500 1,300 * * — 220 7H * 5 24,500 Telautograph Corp 5 81,200 Tennessee Corp 529,800 Texas Corp (The) 25 * 88,600 Texas Gulf Producing Co ' 138,600 Texas Gulf Sulphur. 10 73,300 Texas Pacific Coal & Oil 1 88,300 Texas Pacific Land Trust 100 12,200 Texas & Pacific Thatcher Manufacturing * 15,900 $3.60 conv preferred * 2,000 * 5,900 The Fair Co 7% preferred.3,040 1-100 1 99,200 Thermoid Co. $3 dividend conv pref 10 5,160 100 171,100 Third Avenue Ky 25 19,400 Thompson (J R) * 147,890 Thompson Products * 51,200 Thompson Starrett 83.50 preferred * 15,900 272,100 Tide Water Associated Oil--10 $4.50 conv preferred * 15,400 274,400 Timken-Detroit Axle Co_--_10 ,* 93,600 Timken Roller Bear 2 202,400 Transamerica Corp 700 39 Sale Sale * * 1 * * 2 * 1 Symington-Gould Corp with stock purchase warrants—1 77,700 Without warrants 1 50,500 9 6,700 Talcott (James) Inc 5% % preferred 770 50 4,900 2,400 240 — 38,600 Sun Oil 10,000 4,600 _.2,800 1,000 23,200 17,800 6,600 1,000 - 1,238,500 Studebaker Corp 150 37 1 T 27% 8% Sale 11% Sale 18% Sale 33% 31% 1% Sale 5% 4% Sale Sale Aug. 31 Ask Bid Sale 26% Bid 14% Sale 20 * $5.50 pref Spencer Kellogg & Sons Sperry Corp (The) v t c Spicer Mfg Co 83 conv preferred A Spiegel Co Inc Convertible $4.50 preferred Square D Co class B Stone & Ask 29 % Ohio certifs—100 7,160 251,500 9,130 109,800 1,072,900 Standard Brands $4.50 preferred 14,400 91,100 Standard Gas & Electric $4 preferred 198,400 $6 prior preferred 33,500 7 prior preferred 183,400 13,200 500 Mobile & - "Y.666 1,500 Bid 100 5% preferred 97,700 Sparks Withington 4,700 Spear & Co. 180 310 1940 264,000 1,600 300 1,100 1,600 44,000 30,800 1,100 Jan. 2 733,200 Southern California Edison—25 * 625,700 Southern Pacific Co 352,400 Southern Railway -* 4,500 700 PRICES IN AUGUST Price STOCKS n. y. stock exchange June May 2% May 25% July 14 May 3% May 6 May 48 Aug. 21% June 27% June % May 15 May 68% May 39% May 60 May 10 Jan. 3 May 10% Apr. 10% Jan. 11 7% 97 89 Jan. 11 3 25 23 182% May 14 21 9 6% Mar. 17 32% Mar. 11 2i 21 21 19 11 14 3 21 22 28 Apr. 25 7% Apr. 23 12% Apr. 23 74 May 4 4 38% Jan. 39 Apr. 1 5 1% Jan. 3 41% Jan. 117 Apr. 11 23 65 22 70% Jan. Jan. 4 11 AGGREGATE SALES In Since Jan. 1 Shares 250 500 500 500 800 20 3,700 27,900 1,120 448,500 19,700 1,190 21,000 80 19,900 1,400 30 1,800 30 20 700 21,900 46,700 33,700 3,650 1,900 1,000 230 130 2,360 6,800 9,640 1,610 200 900 60 40 1,200 2,200 2,100 100 18,100 4,500 200 900 1,400 3,200 16,200 '"8",000 400 1,100 1,500 1,500 900 6,300 19,700 30,600 37,400 6,600 -203J>00 53,300 14,500 10,400 24,300 18,000 333,500 4,310 68,800 3,300 13,400 16,600 23,800 28,500 _ 900 900 570 200 320 300 6,500 600 1,100 14,600 7,600 18,900 80 Vadsco Sales Preferred * "i",8do 600 61,600 6,400 14,600 600 "4",800 31,600 20,900 20 60 2,200 1,200 270 1,300 2,800 65,600 290 4,400 31,100 100 3,000 11,000 4,100 5 . k*. im * - 4» * m -.—-100 7% preferred.-- Warner Bros Pictures----—-5 13.85 conv preferred-—--* t Warr en Bros.. * Convertible preferred--—-* Warren Foundry & Pipe..-..* Washington Gas Light Co—No 25 Waukesha Motor Co-*--- —-5 Wayne Pump Co.—-------1 .—* Wesson Oil & Snowdrift--* Webster Eisenlohr ._ — — $4 conv preferredWest Penn — Electric Co A—_* 7% preferred.. 6% preferred 42 Sale 22 X 24 2 24 2X Sale 19 Sale 18 116 Sale 115 OX Sale 8 41 Sale 32X 33X 77 82 X 44 X 32X 33X 21k Sale Sale Sale 82 H Sale 7 X X H OX Sale Sale 13 Sale 1 Sale Sale 16 Sale 14 Sale 14 4X X Sale 15X 15X 18 X Sale 3X 2X 18 Sale Sale 100 Sale Sale 1 138 Sale Weston Elec Instrument. 12.50 Westvaco Chlorine Prod--—.* Sale 38X 5% conv preferred 30 Wheeling & Lake Erie Ry--100 5#% conv preferred---.100 Wheeling Steel Corp * 6% preferred_---.--__.-i00 $5 conv prior preferred--..* White Dental M?g Co (SS)_20 70 Sale Sale 110 70 10 1 Sale * 1 * Sale 20 Sale OH 36 X 5 23,500 Wilcox Oil & Gas 668,300 Willys-Overland Motors.- —.1 6 % conv preferred 10 247,000 -.-* 392,200 Wilson & Co $6 cum preferrred * 28,800 100 Wisconsin Elec Pow 6% pf-100 10 90,200 Woodward Iron Co 10 451,200 Wool worth (FW)._ * 224,300 Worthington P & M 370 7% preferred A100 6% preferred B 340 100 Prior pref 4# % series... 100 13,700 Prior pref 4 # % conv ser 100 15,600 5,890 Wright Aeronautical Corp.-_* Wrigley (Wm) Jr * 21,600 22,000 Yale & Towne MfgOo._--.25 109 102X 115X 99 107 28 X Sale Sale 3X OX 3X 4X X Sale 18# Sale 3X 6 12 13 Aug. 15 Aug. 28 12 June 32 X Aug. 30 25 May May July May Jan. Aug. May May May May 20% Aug. 5 1 1 115 Aug. 42 X Aug. Aug. 22 23 5 Aug. 2% Aug. 7 19 Aug. 1 117# Aug. 19 Aug. 2 Aug. 16 Aug. 6 Aug. 2 X % OX 19# 93 X Aug. Aug. Aug. Ahg. Aug. 10 Sale Sale Aug. Aug. 22 Aug. 24 Aug. 15 Aug. 17% Aug. _ 7 _ 20# 93# 4# 26 13 4# 1 16 2# Aug. Aug. Aug. Aug. Aug. Aug. Aug, Aug. Aug. Aug. Aug. Aug. 27 2 27 17 7 13 1 % Aug. 8# Aug. 25 Aug. 25 Aug. 15# Aug. 18# Aug. 3 2% Aug. 18 15 H Aug. 58 X Aug. 63 99 Aug. 27 102# 106 X Aug. 111 100 103# Aug. 114# 114X Aug. 15 18# Aug. 26# Aug. 9 3 Aug. 7 5 Aug. 29 # Aug. 20 19 16 93 16 123 13 20 17 6 28 Sale Sale 20 X Aug. 2 Aug. 1 Aug. 2 Aug. 7 Aug. 12 Aug. 9 Aug. 1 Aug. 30 28# 3# 5# %s Aug. 6 Aug. 2 Aug. 28 Aug. 7 19# 21# 102# 126# 32# 34# Aug. 31 Aug. 1 Aug. 31 Aug. 3 Aug. 2 Aug. 30 Aug. 2 35 23# Aug. Aug. 21 8# Aug. 1 11 Aug. 30 8# Aug. 9 6 Aug. 12 65 20# Aug. 14 22 1 2 1# 1 # 3# 3# Sale Sale 55 20X Sale Sale Sale 70 73 65 Sale 40 43 X 79 42X 47 104 Sale 10X Sale 13X Sale 112X Sale 10X Sale Yellow Truck & Coach cl B. 7% preferred -.100 Young Spring & Wire Youngstown Sheet & Tube.. 5# % preferred series A..100 Youngstown Steel Door----.* Zenith Radio Corp ♦ Zonite Products Corp 1 33 Sale 82 90 18X 18X 11 2X x Ex-dividend, 1# 14 109 5 May 36 # June 28# May 71 May 53 Aug. Aug. Aug. Aug. Aug. 13 15 19 23 Sale Sale u Ex-rights. 26 Aug. 12 Aug. 8 2# Aug. 1 4# Aug. 1 4# Aug. 30 56# Aug. 30 25 26# Aug. 12 30# Aug. 19 34# Sale 17# Aug. 16 20# 70 70 Aug. 27 ~85~ 1 65 70 Aug. Sale 41# Aug. 22 45 Sale 5 49# 46# Aug. Sale 91 Aug. 16 109 Sale 78 Aug. 12 79# 21 1 20 16# Aug. Sale 15 12# Aug. 16 Sale 1 124 112# Aug. Sale 9# Aug. 23 11# Sale 29# Aug. 17 33 90 86 Aug. 22 86 alVA 16# Aug. 30 19 Sale 10# Aug. 13 14# 2 2X 2# Aug. 191 Sale # Apr. Feb. i 91 Aug. Aug. Aug. 6 Aug. 27 Aug. 29 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 31 31 31 31 30 31 28 9 22 31 6 29 May 10 Mar. 15 Apr. 9 May 9 Feb. 28 60 Aug. 22 31# Mar. 14 4# Jan. 4 31# Jan. A 118 18 Jan. 15# Apr. 6 5 14 48 29 35 23 100 Jan. Jan. Mar. 9 4 1 June 10 135 May 8 Jan. Jan. 3 Apr. 5 2# May 21 15# May 22 59 Aug. 26 2 May 9 Mar. 15 Jan. 3 Jan. 11 Feb. Jan. Jan. Jan. Feb. 10 10 10 1® Jan. 3 Mar. 16 Mar. 16 Jan. 5 Feb. 7 Apr. 22 24^ 3 June Jan. 4 Feb. 23 Apr. 16 Jan. 4 96# May 22 Apr. 12 Apr. 9 90 Jan. 10 June 108# May 23 11 May 21 100# May 17 8 Apr. 30 May 3 Apr. 29 10 Apr. 4 2# May 15 Jan. 4 4# May 18 # May 15 Apr. 9 Jan. 5 14# May 22 15# May 21 76 May 21 110 May 21 Jan. June 21 Jan. 26 Jan Jan. Jan. 20 May 27# May 21 28# May 21 50 May 28 85 May 24 18# May 21 93# June 13 51 May 29 7% Aug. 16 7# May 21 4# Mar. 23 3# May 22 Feb. 13 Jan. July 3 29 Jan. 30 Apr. Apr. Apr. Apr. Apr. 9 30 5 18 9 Apr. 10 May 3 4 Mar. 8 14 # May 22 May 2 Jan. 11 1V May : Jan. 1 Jan. 3 Jan. Apr. 22 Apr. 13 ; 3# May I 45 Apr. 22 Mar. 6 June Jan. 116 33 X 19 100 19 38 113 - 60 19 43# 39# 117# 49# 59# 13 # July 1 1# # May 15 1 2# 30 -5# May 21 7# 30 16# May 22 23# 89 June 26 101 16 3 May 22 6N 31 .1 18# May 22 35# 10 June 4 30 16# 3 # May 21 5 9# # May 16 1 1# 13# Aug. 30 25# 1 2 May 15 1 4# 30 50 May 22 2 # May 21 2 3# May 16 9 3 22 May 23 6 31# 20 May 21 2 28# 13# May 21 20# 31 14 24 May 21 1 97# Aug. Aug. Aug. 9 62# Aug. 7# Aug. 16 9# Aug. 13 7 Aug. 27 6 5 Aug. 65 8X Sale 5% Sale 4X Aug. Aug. Aug. Aug. Aug. Aug. 11 71 95 Sale 19 35# 56# Aug. 28 41 Aug. 1 33# Aug. 28 82 Aug. 31 120 45 22# 112 8 1 35 A* 22# 12X 4H X 13 X 2X Aug. Aug. Aug. 28# Aug, 33# Aug. 33# Aug. Sale 133 Sale 75 Sale 3# Aug. 13 26 16 14 16 13 16 23 1 12 30 6 16# Aug. 13 Sale 98 120X 31% 33 X 34 X 09 X 97 X 22 X 93 X 00 x 8X # May 60 OH 38# 32 H 78 Sale IX Sale 2X Sale ----- Cash sales, 3 19X 104 X Sale Sale 18X Sale Sale Sale Sale 24 X Sale 10X 59# Sale U2H Sale X Aug. Aug. Aug. 25 Aug. 115 Aug. 41X Aug. 42 May 21 68# Jan. 3 103# May 21 124# Apr. 23 30# Aug. 16 39# Apr. 5 42 # June 5 48# Feb. 20 1 # May 22 2# Apr. 24 5# May 28 7# Apr. 24 1 May 18 2# Apr. 11 41 June 26 61 Apr. 12 12# May 24 17 May 10 45 May 24 70 Jan. 15 134# June 8 159 Jan. 22 59 June 5 112 Mar. 27 28 40 38 65 02X 100X Sale 106 X Sale AX 50X Aug. 16 54 X Aug. 31 115# Aug. 19 118 Aug. 7 30 X Aug. 16 32# Aug. 2 43 Aug. 1 45X Aug. 15 IX Aug. 23 IX Aug. 9 5X Aug. 14 6% Aug. 21 IX Aug. 2 IX Aug. 8 45 46 Aug. 1 Aug. 14 14 15 Aug. 19 Aug. 8 52 X Aug. 19 53 X Aug. 6 143 Aug. 7 143 Aug. 7 80 Aug. 22 Aug. 17 85 ... 98 Sale Westinghouse Air Brake.-—.* Westinghouse Elec & Mfg. .50 7% 1st preferred... -.50 r 7 Sale Sale Sale Highest Sale Prices 120 X 98 73 H Sale Deferred delivery, Sale .20# Sale 105 X — Lowest Sale Prices 123X 165 123 Sale Western Union Telegraph--100 a 10 8X 22 H Highest Sale Prices Aug. 22 X Aug. 25 2X IX Aug. 19X 17 Aug. 116 zll5 Aug. Sale *i9H Sale' Lowest 60 42 2X Sale —.100 .100 105 % Pf 100 115 19 H West Virginia Pulp & Paper. .* 6% preferred--, -100 Western Auto Supply Co 10 Western Maryland—-----100 4% 2d preferred -.100 Western Pacific 6% pref—100 - 45 75 30 West Penn Pow Co 4 # - 15X Sale Sale 110X 116 Sale - - 13 32 X % OX 20 94# 3X 25M 12 X 4 X Class B-------- X H _k» nn 42 X 52 155 82 80 31# Sale 26 # 25X 115 IVA 51X 144 Sale y* — 14 15 50 X 153 12 Walgreen Co -. — -—* 4 # % preferred with warr 100 Walworth Co.....--..--.--* Walker (H) Gooder A W Ltd-* Preferred * ^ ^ Ward Baking Co class A * 3,900 8,600 208,800 White Motor Co 178,900 White Rock Mln Spgs Co 195,500 White Sewing Machine $4 convertible preferred 3,700 Prior preferred. * 20,400 No par value, Sale Corp--.-------* 38 , OX 82 Waldorf System....—.--—-* 686,000 3,180 65,400 500,300 2,200 75,500 98,400 97,900 1H 143 JWabash Ry Co..-.---.--100 5% preferred A100 5,790 202,900 2 IX 52# 115M 7% 1st preferred—.—--100 Sale Vick Chemical Co._5 62 Vicks Shreve & Pac Ry Co-100 5% non-cum preferred—100 30 Sale Victor Chemical Works---—-5 3# AH Va Caro Chemical----------* Sale 6% preferred.----. --100 29 Virginia Elec & Power 6% pre** 117# 118 Virginia Iron, Coal A Coke— 6# Sale 5% preferred.-------—-100 44 H 45 Virginia Ry Co— —25 33 H 35 6% preferred.---—-..---25 93 Sale Vulcan Detinning --100 -.——7% preferred.--------—100 132 233,600 190,400 202,400 2,440 65,200 41,000 25,200 Sale 45 14 -—--100 32 X 31X 45 X 44X IX IX ox Sale IX IX 52 X 40X 32X l* Sale 118 Sale 6 Vanadium Corp of America.-* Van Raalte Co.-— 5 470 1,200 16,800 4,000 9,700 43 $6 conv preferred.--— * Universal-Cyclops Steel---*-1 Leaf Tobacco----* 8% preferred. -100 110 """300 * Universal 92,000 33,100 6,600 13,100 2,500 8,600 1 (70c) United Stores A 800 ~4~ 300 """580 Corp 54X Sale Sale zll6# 32X -—---25 7% preferred United Stockyards Conv preferred 50,800 66,700 7,400 3.500 6,530 7,030 7,900 71,600 2,600 3,300 1,900 3,000 54 -* »—* 7,910 Universal Picture 1st pref_-100 90 200 ... —-100 U S Tobacco Ask Ask Bid Bid Sale Prices Aug. 31 Aug. 1 2,534,900 United States Steel 7 %_ preferred 94,300 1,000 2,200 1 1940 Par 40,400 2,670 31,900 16,500 83,400 5,240 7,500 7,000 950 RANGE SINCE JAN. Jan. 2 EXCHANGE Shares 178,200 5,700 3,400 PRICES IN AUGUST Price STOCKS N. Y. STOCK August * STOCK EXCHANGE—STOCKS N. Y. 40 15# May I May May ! 30 WA June 60 July 29 June 39 June 91 June 1 Companies reported In receivership. 2 8 25 Jan. 3 Jan. 4 Apr. 23 Apr. 16 May : Mar. 5 Aug. 29 Aug. 31 May 9 Apr. 9 Apr. 26 May ! 15# May : 9# May : 6# June 26# June 80 May 12# May 8# May 1 9 Apr. May Jan. : 73 98 Mar. Apr. ; Jan. 3 i May 10 ; Jan. 4 ; Apr. t 8 Apr. 22 f Called for redemption. ttraacwKwrH* " ^r-V-Wr New York Curb Exchange MONTHLY AND YEARLY RECORD NEW YORK CURB EXCHANGE RANGE OF PRICES ON Shares_ Jan. 1 to Aug. 31 August- 2,859,439 25,075,076 1,470,910 29,903,472 the Since Jan.l Shares Shares 10 2,350 1,800 131.500 20,700 19,800 54,100 6,900 28,700 1,775 2,850 2,695 200 4,800 2,100 100 700 ""900 75 130 100 50 " 3,500 750 " 500 100 2,150 """400 110 500 100 300 100 100 1,000 175 300 2,600 17",800 5,200 800 400 10,900 700 1,800 575 STOCKS Par 10 Acme Wire Co common Aero Supply Mfg class A Class B.. 1 1 Ainsworth Mfg Corp com—5 Air Associates Inc common—1 Air Investors Inc common.... * Converti ble preferred . . — ♦ Warrants ................. Ala Gt Sou RR ordinary Ala Power Co $7 ' 18,900 5,800 10,250 46.750 3,200 6,500 22$* Sale<> 20$* 5$* 55* 6% preferred Aluminum Goods Mfg 22$* Sale" Sale 10$! Sale 2$* Sale Sale 20 56 5* ,77 X Sale Sale 2h 1 Amer & 7,300 7,750 169,400 1,675 20,200 11,425 Foreign Power warr— Amer Fork & Hoe Co com.--* American Gas & Electric 10 800 4$* % preferred 100 American General Corp.... 10c $2 preferred $2.60 preforred - — 17 19 21 22 101 9$* U$* 2 21 11% 20 17 6 66X "aJt 37 IF 28X 28 X 33$* Sale" IF 385* Sale 30 10$* ilF 28 32 15 15$* 6% preferred-25 American Mfg Co common. 100 50| Preferred 100 64,800 American Maracaibo — 1 6,900 American Meter Co * 28 '""350 8,200 1,400 7,500 3,500 3,500 300 500 700 100 340 200 3,100 6,400 1,500 300 600 500 2,800 300 4,500 200 4,200 2,195 99,400 46,000 149,229 54,000 1,510 800 75$* 1st 15$* Sale 145* 14$* 26 28$* 18 20 66 70 Sale American Thread 5% pref * 5 X 2X 2X X 2X Sale 7X Sale 5X 6X 5X Sale American deposit rects—£1 13,900 22,900 {Assoc Gas & Elec common.-1 Class A —1 133,700 $5 preferred --* 27,300 200 Assoc Laundries of America..* V tc common -—* 800 200 Assoc Tel & Tel class A--.--* 8X Sale Sale 5X is 5* 5X 102 Atlantic Coast Fisharies New 1 3 5 4$* 6 5*6 56 1$* X X 2$* 65 70 55 102 Sale 2 66 ..... Sale 13 29 21 7 14$* Aug. 14$* Aug. 14 28 Aug, 1 18$* Aug. 30 Aug. 20 $* Aug. 13 70 5 1 1 11 Aug. 22 11 12 112$* 5*6 X 1$* 2$* 1$* 2$* 114 7$* 7$* 100 11$* 5 11$* 4$* 4$* 5 7 91$* 11$* 4$* 4$* 1 16 29 13 X 15* ■ X Xi 1$* 60 ^Aug* l! Aug. 16 "Aug. 14 5$* Aug. 1 Aug. 31 3 30 22 15 15 Aug. 3 Aug. 22 5*6 Aug. 73 Aug. 13$* Aug. 3 Aug. 15* Aug. 5*6 Aug. 15 $* Aug. 6 1$* Aug. 30 « Aug. 1 May June 12 Mar. 28 80 2$* Aug. 1 X June Jan. 3 Mar. 11 Apr. 4 May Jan. May 21 8$* May 24 $* Mar, 12 9$* May 22 255* May 21 1075* July 8 2$* May 21 22$* May 31 26$* May 31 11 May 21 Apr. Jan. Apr. 27 Jan. 8 July 29 Apr. 4 Mar. 13 Mar. 21 Apr. 13 3 13$* June 18$* Mar. 9 11$* May 22 16$* Jan. 11 25 May 28 29$* Jan. 26 9 13$* May 21 25$* Apr. 65 May 24 73 May 16 4 % Jan. 11 $* June Jan. 29 23 May 21 36 $* Jan. 17 $* June 29 3 Aug. 16 109$* Apr. 6 Aug. 15 10 X May 6$* Mar. 12 May 23 5* June 28 May 15 June 8 May 2$* May 1 May $* May 8$* May 21 23 21 15 21 108 $6 1$* 1$* 6$* 87 11$*" 4 4 75 17 Jan. Jan. 3$* Feb. 1$* Mar, 56 Feb. 21 May 29 9 8 6 8 2 Feb. 27 15 Apr. 18 May 29115 $* Feb. 8 2 J* May 22 2 $* May 21 8 J* May 23 May 17 99 11$* July 17 6$* May 21 55* May 24 65* May 8 X Jan, 12 $* Feb. 9 1 May 15 $* Mar. 8 65 100 65 103 2 Jan. 26 1 2 2$* Sale 13* Apr. 2 113$* Aug. Aug. 1 5*6 Aug. Aug. 2 Aug. 15 Aug. 10 2$* Aug. 6 Aug. 14 Aug. 17 7$* Aug. 30 6 94 Aug. 30 Aug. Aug. 26 11$* Aug. * 5 Aug. Aug. 13 4$* Aug. Aug. 13 5*« Aug. 15 $* Aug. 15 1$* Aug. 13 June May 1$* Jan. 6 25$* June 22$* June 20 X 8 138$* Jan. 108 May 16$* June 5$* May 42$* May 96$* May Aug. 21 Aug. 14 6 56 4 May 21 11$* July 31 Apr. 4 2 192$* Apr. 16 4 22 118$! Apr, 18 4 Apr. 29 22 11$* Feb. 21 24 110$* Mar. 4 4 23 109$* May 15* Mar. 30 13 20 495* Apr. 1 7$! Apr. 11 22 16 2$* Apr. 19 16 5*6 Jan. 10 2 29 20$* Jan. July 30 May 21 July 12 5* Jan. 15$* Aug. 31 14$* Aug. 10 28 Aug. 1 18$* Aug. 30 70 Aug. 20 3 4 7 $* May 28 26$* Aug. 10 27$* Aug. 30 16 Aug. 31 13 2 2 June 8 65 5 10 12 3 15 111$* July 22 111$* July 22 3 Aug. 26 2 Feb. 9 1$* Feb. 8 $* May 21 Aug. 13 Aug. 4$* 3$* $* 67$* 10$* 2$* 1$* $* 5$* *°8iS: 2 13 9 78$* Apr. 90$* May 23 108$* Apr. 30 Mar. 1 82 May 25 98 58 36 Aug. 22 3$* Aug. 30 o II 22X Jan. 22$* Mar. 7 May 6 $* Mar. 145* May 35* Apr. $* Aug. 22 dm 15 75 2 2 20 16 15 Sale 13 7 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 93 May 21 Jan. 16 15* May 21 17$* Jan. 13 $* May 21 23 1 6 6 13 105* Aug. 65 Sale 1 1 8 13 31 1 35$* Aug. 125* Aug. 21 Aug. 2 31 X Atlanta Birmingham & Coast RR Co preferred 100 20 20 Atlanta Gas Light 6% pref .100 For footnotes see page 53. 11$* 4X 4$* Aug. 13 1 Aug. 2 Aug. Aug. 28 Aug. 21 Aug. 31 $*6 1$* 2 97 Sale 31$* 11$* 5*8 10$* 31$* 28 113 4 10 31 a 9H Jan. 17 28$* Aug. 14 1 Aug. 1 a 'hp. T 1$* F. X Sale 75* Aug. 16 $* Aug. 16 Sale $* Sale 72$* 73$* ' ?1$* 5 9,800 Art Metal Works common 50,600 Ashland Oil & Refining Co--l Associated Elec Industries 83,400 1$| 2 7$* 29 nfi 70 5 3$* 1$* 15* $* Sale 10$* 12 111$* 112 56 Sale 28$* Aug. 16 28 4$* 3 Anchor Post Fence common.-* Angostura-W upperman 1 Apex Elec Mfg Co common—* Appalachian Elec Power— $7 preferred... * lArcturus Radio Tube——1 Arkansas Nat Gas common--* Class A non-voting-...—* 6% preferred --10 Arkansas P & L $7 preferred.* Aro Equipment Corp 1 78 5$* Sale 4 56 67$* Sale 10$* 11$* Superpower -—* preferred $6 series....-* Preferred $6 series 65 W 35* $* American Aug. 13 56 Aug. 15 Aug. 1115* 110 2$* Aug. 3$* 26 Aug. 26$* Sale 28 26$* Aug. Sale 13$* Aug. * Amer Potash & Chem Corp..* Amer Republics Corp com.. 10 Amer SeaJ-Kap Corp com 2 Aug. 13 nm 4,250 Amer Pneumatic Service Sale 33 Sale 111$* 3$* 27 3 uH u* 14$* 15$* 14$* Sale 2,100 4,125 131,500 17,100 219,500 14,400 33,800 15,300 5,800 4,600 3,700 11 38 1 $* 37 24$* 33$* Sale 12 12$* $* 10$* 44 12,900 American Laund Mach com.20 61,900 American Light & Traccom.25 10 28 Sale 200 700 Aug. 13 65 30 30 29 31 Sale 12 500 11 56 $* i 26$* —- Aug. 26 4H 3 69 % 30 3,600 3 > 63 1 300 50 Aug. 26 13 May 21 20$4 July 31 5 13$* \1% 69 7,750 Amer Hard Rubber Co com.50 4,100 21 20 28 28 3 21 18$* Aug. 157 159$* 158$* Aug. 30 165 Aug. 113$* Aug. 10 114 113$* 114 8 17 Aug. 17 Aug. 17 17$* 175* 13 6 6 Aug. Aug. 6$* 6$* 5$* 2 85 Aug. Sale Sale 65$* Aug. 85 77 99$* Aug. $* Aug. 13 $* "F$i 37$* Aug. 12 39$* Aug. 39$* 38$* 38 2 4$* Aug. 5 4$* Aug. 4$* 6 1$* Aug. 1$* Aug. IX IX 6 $* Aug. $* Aug. k 13$* Aug. 13$* Aug. 13 17$* 18$* Sale 25$* 25 X 31 Sale 4 1$* 2 $* 400 125 55* Aug. 1 55* Aug. 30 11 Aug. 5 2 Aug. 26 21 2$* $* Sale "~li ""*56 "3X Aug. 30 $* 5 X 33 31 IX 13 „ Aug. 13 18 21 Sale 114 315* 28 X IX 12 Sale Prices 18 Aug. 13 20$* Aug. 14 5$* Aug. 16 4$* Aug. 14 11 Aug. 5 1$* Aug. 13 Sale 164 ! Highest Sale Prices 5*6 Aug. X Aug. 1 69$* Aug. 13 70$* Aug. Aug. 13 102$* Aug. 101X 103 X 104 J* 100 Aug. Aug. 13 94 93$* 93$* 94$* 92 2X 105* 18X $* Lowest Sale Prices 75 10$* 76 F i Highest 100 4$* IX X 70 J! 2 69 3 IX 20$! Sale if* Sale 25* X 20 Sale Sale 19 140 5$* 5$* 55* 105* Sale 3 1$* — _ i?* iF 68* Ask 19X 22 55* Sale 92 16 X 18 * Aluminum Industries com * Aluminium Ltd. * "97" Sale" 6% preferred 100 105 X 107 Ameriban Beverage Corp.-- 395 Amer Cyanamid com class A. 10 Common class B non-vot. 10 417.700 170,500 American Export Lines com..l 20 X 100 -.100 115 100 3,290 American Book Co 1 18,200 Amer Box Board Co com 10c 1,000 Amer Capital Corp cl A Common class B— 10c 4,200 $3 preferred 2,700 r-* $5.50 prior preferred 950 * 35,900 American Centrifugal Oorp—1 Amer Cities Power & Lt Corp— Conv class A 25 3,200 Class A with warrants 25 5,600 Class B 1 35,900 Ask Bid Bid 17 1 Sale Prices Lowest Aug. 31 Aug. 1 Ask Bid 50 preferred—* 101 $6 preferred Allegheny Ludlum Steel— 50 7% preferred100 1,700 AUes A Fisher inc common—* 1,800 Alliance Investment common * Allied Internat Investing— 250 $3 conv preferred 2,750 Allied Products Corp com—-10 Class A -25 1,750 * 115,650 Aluminum Co common 220 RANGE SINCE JAN. PRICES IN AUGUST Price Jan. 2 1940 NEW YORK CURB EXCHANGE month. the month'srange "Cl'SKuS! Efwta the month in which they occur, no account AGGREGATE SALES In $35,718,000 311,398,000 -$15,041,000 212,851,000 - Jan. 1 to Aug. 31— eales. are dlaregarued in shown in a footnote In NOTICE—Deferred delivery. under the rule and cadi and when selling outside of the regular monthly range are computing the range for the year. August- 1939 1940 Bond Sales 1939 1940 Stock Sales August Jan. 9 Jan. 26 Jan. 2 Apr. 1 Apr. 23 Jan. 18 Aug. 1 Mar. 8 Jan. 11 8$* Feb. 24 56 Jan. 2 X Jan. 10 Jan. 3 Mar. 8 5$* $* «/6 2$* Feb. 21 Apr. 6 May 10 68 Apr. 8 July 1 104$* May 21 8 4$* Apr. 16 1 $* June -> 43 NEW YOKE EXCHANGE CURB AGGREGATE SALES PRICES IN AUGUST NEW YORK In Since 1 August Shares 44C 1,200 1,700 200 1,000 100 100 25 11" 300 400 22,700 16,050 234,400 8,300 4,800 29,400 4,400 9,200 303,100 Atlantic Rayon Corp Atlas Corp warrants Atlas Drop Forge Co com Atlas Plywood Corp. 5 * * _ % % 3 % Sale 15% 15% Purch warr ♦ 1% for 21% 1 ~7~X ~~7% 100 1 5 100 1,200 Beaunit Mills Inc .10 11,500 3,200 3,000 480 25 180 — ""500 142,000 254,000 75,900 3,613 1,375 . 500 100 10 Corp com. Corp common.. Aircraft Bellanca 15,0501 8,300 100 6,700 2,600 15,200 2,200 1 common 100 144" " 40 Sale 2% 15 % i/S , X 13% 14 38 38% 7% 6% 1% 40 6X 2% 26% 25% Sale 27 Highest Sale Prices Sale Prices 13% 4% % 2% 13% 1% 14 Lowest 14% Sale % 2% 15 2 12% Aug. 21 4% Aug. 31 % Aug. 13 2% Aug. 13% Aug. 23 1% Aug. 29 5% % 2% 14% 2% 1 Aug. 14 3% Aug. 26 4% Aug. 28 15 Aug. 15 Aug. 1% Aug. 4% Aug. 12 4% Aug. 28 16 Aug. 3 15 Aug. 2 Aug. Aug. Aug. Aug. Aug. Aug. 30 29 30 30 28 * * 100 com Preferred » __* 7% preferred— 2,100 Brillo Mfg Co common 100 * Class A Sale 35% 3 37% Sale 49 55 2% IX 28% 3 1% 29% 12% 12 * 14it 2% 35 3 17 % Sale 38% 4% 2% Aug. 28 2% Aug. 34 3 "4",400 6,600 Coupon stock (bearer) Registered * * 17% 1,700 350 British 25 1,550 500 200 1,800 dep rets ord bear__£l Amer dep rets ord reg £1 British Celanese Ltd— dep rets ord reg 10s Col Pow class A * 25,500 +Brown Co 6% preferred-.100 10,600 Brown Fence & Wire com_. Class A preferred..... * 1,800 14,800 Brown Forman Distillers 1 ■ preferred.. 100 1,800 300 550 5,100 • 900 3,200 100 59,900 2,800 9,900 55,600 9,600 52,800 2,600 Brown * Rubber Co Bruce (E 300 4,400 8,800 100 900 "8". 800 4,600 83,200 able Elec Products 1% 27 4% Sale 1% 4% 28 11% Sale Sale 22 13% 2% 1 % Sale" 18% May 21 30% Apr. 22 18 %6 Aug. 5 9% Aug. 27 4% Aug. 28 13% Aug. 2 27% 8% 7% % % 9% 5% 15% Aug. 12 6% Aug. 31 5% Aug. 16 21 20 Jan. 4% V 17 6% Sale 5% ' 5% % % 9% 9% 5% Sale "3% ~~5 i Sale 6 Sale Sale Sale Sale 97 Sale 105 118 118% 120 16% 25% 26% 23 35 38 35 Sale Sale 4 106% Aug. 6 Aug. 19 4% Aug. 9 4 Aug. 14 Aug. 6 14% Aug. 16 4 159,400 2,800 anadian Car & Fdy 7 % B "4",900 82", 000 "i",ioo 28,900 non-voting pref 25 1 * * % X 3% 17% 1% 4% Sale Sale com 25c 1,000 300 4,100 200 11.900 1,800 2,200 140 180 4,200 105,400 Class $6 preferred * 24% 5 »% 38% 39 100% Sale 92% Sale 13% Sale 7% 7% 10% 11 7,700 50 750 1,700 15,238 1,125 18,700 10,600 1,330 elluloid Corp common 80 1st preferred part * Sale 2,875 $7 dividend preferred 72 275 * 21 Sale 300 12,700 "560 10,435 10,300 700 < 20 2% 7% 1st partic preferred.. 100 15 107 3% Sale 2% Sale 3% 14% 14% 97% "§7% 70 300 For footnotes see page .100 8 53. 8 3% 9% Aug. 6 Aug. 19 4% Aug. 9 4 Aug. 14 6 Aug. 31 5 5 30 Aug. %, 10% 36% 5% 11 39% 6% 3% 11% 37% 5% 12 38% 6% % Aug. 12 21 23 12 21 25 Jan. 6 3 25 Jan. 6 Jan. 6 9 .Tune 13 12% Feb. 21 114 A nr. 23 May 5% Apr. 15 15 40 29 Sale 2% 25 32 5 6 14% Sale % 36% 5% 2 % 39% 6% 3 % 2% % % 3% 38 35 2 2% 1 % 3% 5% 5% 10% Sale 32 1% 25 136 125 1% 1% 34 11 11% 11 32 35 33 37 26 • 27 % 22% %8 2% % 3% 4% 8% Aug. 30 Aug. 21 Aug. 30 Aug. 2 Aug. 15 Aug. 16 5% Aug. 3% Aug. 14% Aug. 12 1 Aug. 22 38% Aug. 29 6% Aug. 28 2 Aug. 30 19 Aug. 12 31 Aug. 9 5% Aug. 12 3 % Aug. Aug. Aug. Aug. Aug. Aug. % 3% 5% 10% 6 10 30 22 2 31 1% 10% '% 2% % 26 Aug. Aug. Aug. Aug. Aug. 11% 11% 8% 12 12% 12% 14 10% Aug. 19 Jan. Tune 4 4% May 22 % 2% % 2% 3% Aug. Aug. June June May 8 May 28 4 30 21 21 26 15 1% Jan. 8 Apr. 4 Jan. 30 Mar. 26 Mar. 28 Apr. 3 Apr. 5 45 8% 2% 31% 48% 6% % Feb. 15 8% Feb. 13 1% Feb. 9 8 % Apr. 8 7 % Apr. 25 17% Mar. 28 Apr. 17 36 1 % May 22 3% Jan. 49 Jan. May 14 1 % Apr. 25 22% May 10 16% May 21 29 12% Aug. 30 MLar. 26 6% Jan. 6 % Aug. 36 1% Aug. 28 30% Aug. 13 1% Aug. 28 % Aug. 26 22% Aug. 17 %, Feb. 27 33 % June a 3 % May 22 1 % June 26 v Jan. 22 Mar. 13 14% Apr. 16 40 Aug. 28 . 43% Jan. 24 46% Apr. 5 Apr. 19 10% July 36% June 4% May 2% May 38 2% % 25% 11% % Aug. 30 Aug. 12 Aug. 5 5% Aug 19 19 29 X %6 4% % 1 3% Sale 5% 5% 10% Sale Sale Aug. 13 2 25 33% 5% 1% 5 18 5% 30 % Aug. 13 35% Aug. 21 30 5% 3 5% Aug. 2 3% Aug. 22 Aug. 14 12 Mar. 16 8% Feb. 9 32% Apr. 15 8% Feb. 9 Mar. 3 6 11% Apr. 19 9 7% Jan. 16% Apr. 20 2 Apr. 2 4 30— June % Mar % Aug. 12 May 4 May 10 Apr. 3 1 Apr. % Jan. 22 23 21 3% May 13% July 3 May 88 July 16% Aug, 1 4% Aug. 105% Aug. 23 3 118 Aug. "3 Aug. 21 3% May 17 4 38 % 6 2 4 Apr. 17 3 May 5 7 7 % Anr. 2 20 May 28 10% May 24 30 May 17 34 16% Mar. 14 10 May 22 19% Jan. 17 ' Apr H>" 12 7% July 18 7% June 18 20% Feb. 12% 1 20 9 1 % Jan. 15% 18% 2% 7 18 Sale Sale 10% 1% Sale 38 1% 5% 36% 20% 98% % % 1% 7 39 Sale 99% 10% 1 % % 1 10 Sale 16 _____ 17 2 19% 2% 8 12 1% 30 2% 1% 11% 3% 13 1% 1% 21 2% 9% 6% 1 % % 7 4 10% Sale 1% 1% % 24 5% 35% Sale 102 104 9 Aug. 10 Aug. 8 2% Aug. 6 10% Aug. 7 1% Aug. 21 1 Sale 99 Sale 10 10% % % 1 %> % 1% 7% 36% 20% Aug. Aug. Aug. Aug. 97 Aug. 9% Aug. 1 Aug. %> Aug. 16 Sale 7% 7% 16% 2% 2 Aug. 30 19 1% Aug. 12 8% Aug. 10 38 Aug. 20 21 Aug. 30 100 Aug. 10 10% Aug. 5 1 Aug. 30 % Aug. 12 % Aug. 14 6 % Aug. % Aug. 14 % Aug. 6 9 29 8 14 13 30 1 % 1% 1% Aug. 9 1% Aug. 2 2% 1% Aug. 9 2% Aug. 19 15 9 21 3 6 12% 6 15 1% 6% 1% 1 1% 9% Aug. 5% Aug. 19 % % Aug. % Aug. 30 % Aug. %6 Aug. 6% 4% 33 33% 107% 108% 107 102 103% 102 8 7 10% Aug. 22 6% Aug. 10 2 24 5% 32% 6% 15% 2% 16 July May 1% May 10 May 15 8% 7% 7 17 2% Aug. Aug. Aug. Aug. 7% Aug. 13 6% Aug. 16% Aug. 2% Aug. 5% 33% 108% 102% Aug. 29 Aug. 15 9 Aug. 5 Aug. 9% Aug. 1 6% Aug. 22 2 16% Aug. 2 2% Aug. 125 120% 121% 123 120% Aug. 126% Aug. 24 3% 4 3% 4% 4 5 3% Aug. Aug. 74 77% 76 74 79% 7 Aug. 77% Aug. 23 24% 24% 26 27 24% Aug. Aug. 21 14% 14% 14% 14% 14% Aug. 14% Aug. 20 106 109% 106 109% 99% 100 98% Sale 97% Aug. 16 100 Aug. 7% 8% 7% 8% 8% Aug. 10 8% Aug. 13 30 21 15 31 1% May 22 June 10 1% May 15 5% July 29 28 1 % May 38 Feb. 5 14% Apr. 6 Mar. . 5 15 5 Jan. 2 . % June 7 % May 23 1% Aug. 9 11% May 22 1 % Feb. 2 17 May 28 5% Apr. 3 9 % July 30 5X May 22 June 17 % May 20 6% May 23 % May 21 1% Mar. 22 27 9 7 June 10 1% May 24 g 1 2% May 38 May 17 4 4% Jan. 11% Jan. 26 43 Feb. 13 Jan. 4 Jan. Jan 9 5 Jan. 12 Jan. 5 1% Apr. 3 1 Mar. 12 3% 18% 2% 17% 5% Apr. Mar. Apr. May Apr. 22 Jan. 25 29 15 21 3 3 11% Apr. 16 2% Jan. 22 8 1% Apr. 9% Jan. 1% Jan. 3 Feb. 9 18% May 28 25 7% 4% May 29 May 15 40% 97% May 27 109 86 May 22 104% 15 1 Feb. 27 5% May 21 5% May 24 6 May 15 Feb. 36 May 5% Feb. 18% Feb. 16 May 22 22% 90% May 28 108 9 14% May 21 % June 28 2% %8 Aug. 19 1% 1 9 107 6% 6% 15% 2% 16 Aug. 30 21 % 18% 4% 33% 16 18% Aug. 2 Aug. 10 Aug. 35 1% Sale 8% 36% 37% 7 % Sale 9% Sale 1 % Sale 22% B. 3,400 200 20% 22% 6% Sale 2% 3% 2% 3% 1 2,425 Syndicate %6 % Aug. 30 Aug. 27 Aug. 31 Aug. 9 6 24% Aug. %8 15 anadian Colonial Airways an Indus Alcohol class A 4% 3% Aug. 16 96% Aug. 118 31 % 50c Voting trust ctfs. 50c ables & Wireless— Am dep rects 5X % pref__£l alamba Sugar Estate Co 20 100 750 3,900 4% 1 5 4% 16% 4% Sale 2 3% Apr. 30 27% Aug. 31 20 14 10 Jan. 27 22 2X 1 % 100 ""400 53 24% Aug. 16 5% Aug. 14 5% Aug. 16 20 30 4 <10% 12 %c com Apr. 22 1% Feb. 4% Apr. 15 24% Aug. 14 1% Sale 1 uuker Hill & Sullivan—2.50 Burma Corp Amer dep rets 6.700 Burry Biscuit Corp 17 3 28 Sale 18% 18% Sale 18% 20% 5 Buckeye Pipe Line 50 uff Niag & East Pow pref_25 $5 1st preferred * 300 300 common.. L) Co Feb. 9 Mar. 28 Mar. 14 ?S ■ Amer Am 5 12 Sale 22 117 20 22 26 2 5 25 11 22 19 21% 4% 30 British Amer Tobacco Ltd— 2,200 2,100 Jan. 30 15 29 May 25 10 4 22 27% British-American Oil Co— 2.000 4 Apr;. 5 19% May 9 2% Aug. 28 Jan. 11 1% Jan. 15 1 14 15 21 June May May 15 Aug. 14% Jan. % July 2% Aug. 5 4 Feb. May May Aug. Jan. 2 11% 1% %. % 3% 3% 15 5% 1% 19% 11% Sale 18 6 2% Mar. 19 10 36 % Sale 8% 1% 7% 7% 15 6% 5% 1% 1% 5 23% Jan. 31 22" "30" 6 3 30 28% 6% 1% 4 4 Sale Prices % May 9% 9% 4% 5% 13% Sale 6 4% 40 X Sale 1 3% Highest Sale Prices 12 June 5 3 % June 10 May May May July Mar. May May May Mar. Jan. Hotels— 6 15 % Sale 38% 4% 3 "14% "14% iS* 2% 35% 3% %e Sale 5 4,450 380 Sale 45 27 18,900 Brill Corp class A Class B 4,700 250 Sale 122% 37 X * common 42,800 Bridgeport Machine 410 iV° Sale 7% Purchase warrants Common * 8,400 7% 1st preferred ..100 2,000 2d preferred * 7,230 * 83,100 Brazilian Tr Lt & Pr ord .1 80,700 Breeze Corp Brewster Aeronautical 1 599,700 10 4% 12% 1 25 Bridgeport Gas Light Co ""900 5% 7% common Bowman Biltmore 100 IX 23 21 20 33,600 Blue Ridge Corp common.. $3 optional conv preferred.* 14,400 * 13,600 Blurnenthal (S) & Co com 3,700 Bohack (H C) Co common...* 7% 1st preferred 100 1,710 400 Sale IX Bell 252,400 Bliss (E W) & Co 350 900 .--20 Bell 775 Blauner's 50 1,300 preferred * 4,500 Bickford's Inc common $2.50 conv preferred 2,400 * 2,600 Birdsboro Steel Fdy & Mach.1" ""200 2,500 common. Telep Co of Canada 100 Telep of Pa 6% % pref. 100 930 Benson & Hedges common...1" Convertible preferred 435 * 28,200 Berkey & Gay Furniture Co._l 12,000 8,100 12% Beech Aircraft Bell Aircraft Sale iiH 7% Sale 6% 7% X X X X 1 Bath Iron Works 1% 4% 3% 25 -1 com Bardstown Distillery Inc Barium Stainless Steel conv IS 14% 16% 1% 1% 3% Sale 51% Sale common Barlow & Seelig Mfg conv A. .5 Basic Dolomite Inc common..1 $1.50 2% 13% 6% 16 20 20 300 14% 5% % b% 6 * 100 100 20 13% 4% IP 6% 30 Rubber Co Ask Ask Bid h 7% preferred Baldwin Bid Lowest Aug. 31 Aug. 1 Ask 1 Corp.. 600 Baumann (L) & Co com 360 7% 1st preferred 330 7% 1st pref vot tr ctfs 6,000 Beau Brummell Ties Inc ""100 • Bid 50 118,300 Babcock & Wilcox Co Baldwin Locomotive— 8,700 100 Par 5 15,200 Auto Voting Machine com * 3,800 Avery (B F) Sons Co 5 575 6% preferred with warr.. .25 750 .25 6% preferred ex-warr Purchase warrants 4,800 417,200 Aviation & Transport Corp 3,660 Axton Fisher Tob class A 10 3,200 Ayrshire Patoka Collieries __1 1,600 "l'ioo (Continued) 19,100 IAustin Silver Mines. 8,800 Automatic Products Corp "l",200 100 STOCKS Atlantic Coast Line Co 300 Auburn Central Mfg Corp 300 1,150 10,000 1940 4,650 10,100 223,900 7,800 23,400 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. Price EXCHANGE CURB 2 1 May Apr. 11 7 May 1 May 3 15% Jan. 7% Apr. 29 12 Feb. 8 20 Jan. 2 3% Jan. 8 98 May 24 127 2% June 4 5% 69% Jan. 19 87% 20% Jan. 5 34% 13 June 10 17% 106% Jan. 3 109 91 June 5 105% 6% May 21 10% May 1 Feb. 1 May 9 Feb. 15 Feb. 8 Jan. 10 Apr. Apr. 9 5 CURB TORE NEW Sept., 1940] ll AGGREGATE Jan. 2 1940 Jan. 1 STOCKS (<Continued) Par 3,005 Cent Pow & Light 7% pref.100 Shares 109 800 4,000 2,200 1,375 4,650 14,850 4,800 7,600 9,325 —- - - . 10 * $6 preferred 60c preferred B__ $6 preferred BB $7 * pref.—* 58 6 60 89 Sale Sale 10 —- 1 2,400 Clayton & Lambert Mfg Co..* Claude Neon Lights com 36 33* 2 3 Sale 5% 85* 3,700 Cohn & Rosenberger com 16,700 Colon Development Co Ltd-Is 3,000 6% convertible preferred £1 48,900 Colorado Fuel & Iron warr.__. 21,380 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp— ,6,775 5% preferred —100 1 101,500 Columbia Oil & Gas com Commonwealth & Sou Corp— Wftrr&nts 195,700 5,600 Commonwealths Distrlbut—1 Community Public Service— Common 25 16,550 Community Water Serv 3 Sale Sale 25* 433* com— 60.000 Cleveland Tractor com ;100 3,500 Clinchfield Coal com 16,200 Club Aluminum Utensil com_* 200 Cockshutt Plow Co Ltd..—-* 5,700 54 84 933* 53* preferred City Auto Stamping Co City & Suburban Homes 9,850 Cleveland Elec Ilium 43* Sale 57 X 5% Clark Controller Co v50 13,800 7,800 29,500 1,940 53,100 43* 73* Sale 64 23* Sale Sale <si Sale IX 34 X X> 1 17 X V tc est to 1946 Conn Gas & Coke Security— ZH 11 99 673* Sale ,3*6 a Sale 13 13* 13* 13* 13* 1 5 Conn Telep & Elec Corp Consolidated Biscuit Co1-.—1 Con Gas E L & P Bait com—♦ 100 43* % series B pref Consol Gas Util com -100 7% prior preferred 3,700 Continental Oil of Mexico.—1 .1 29,800 Cont Roll & Steel com * 3,950 Cook Paint & Varnish Co. — Cooper Bessemer Corp com— S3 prior preferred - — * Copper Range Co.. —* Cornucopia Gold Mines——5c Corroon & Reynolds 1 $6 preferred A— —* Cosden Petroleum com. 1 53* 1 : 3X 53* 103* 4 6 Aug. 8 111 8 Aug. 3* Aug-. 2 5 56 Aug. 4 Aug. 14 13* Aug. 6 3*6 56 93* Sale 3*6 Aug. 27 7 Aug. 29 43* Aug. 22 53* Aug. 20 Aug. 7 99 Aug. 13 673* Aug. 29 93* Aug. 15 3*a Aug. 27 13 Aug. 1 53* Aug. 683* Aug. 63* Aug. 22 65 Aug. 9 883* Aug. 27 953* Aug. 27 53* Aug. 15 (j3* Aug. 30 763* Aug. 30 73* Aug. 30 68 Aug. 29 95 Aug. 31 99 Aug. 9 53* Aug. 30 14 Aug. 16 3* Aug. 1 53* Aug. 2 153* Aug. 23 3*6 Aug. 13 53* Aug. 2 373* Aug. 14 43* Aug. 14 2 Aug. 7 23* Aug. 12 393* Aug. 31 43* Aug. 31 2 Aug. 7 3 Aug. 30 113* 97 66 99 683* 93* 9 69 70 63* Sale 733* 75 7 73* Sale 64 70 72 77 95 Sale 98 Sale 92 883* 99 953* 53* Sale 43* 63* 133* 15 3* Sale 53* 53* 42 h 40 ■ 43* 43* IX 23* 3* 33* 43* 793* 64 13* 3* 13* IX Sale 23* 23* Sale 3* 43* Sale Sale .i 653* Sale Sale 13* 26 24 3* % * 1 $3 preferred 11,700 Cons Retail Stores Inc com ...1 220 8% preferred 100 6,600 Consol Royalty Oil.10 52,100 Consol Steel Corp common Continental Gas & Electric— 40,200 4,000 24,100 11,400 11,400 1,030 70,500 9,600 3 73* •/6 Highest Sale Prices 3* Aug. 2 3* Aug. 8 4 Aug. 14 1 Aug. 20 at 13* 10 43* 63* 83 -1 1 11,400 Consol Min & Smelt Ltd—_—5 2,650 2 33* 83* Compo Shoe Machinery— 7,500 13* 13* 65 Lowest Sale Prices 33* 53* 103* 953* 64 7 Aug. 3 Aug. 20 Aug. 7 Aug. 21 Aug. 5 Aug. 11 953* May 28 1153* May May 18 Jan. 3 2 May 15 56 May 15 3* May 14 56 May 15 2J* July 10 43* May 15 June 7 10 0 X 3* 83* 23* Jan. Jan. Jan. Jan. 2 3* Jan. 23* Jan. 43* May 4 Mar.25 il* May 28 117 83 June 8 10 May 21 56 June 28 7 Aug. 29 293* 95 55 6 Jan. Apr. Apr. Mar. Apr. 4 4 7 6 Mar. 26 - Cities Service common. Cities Serv Pr & Lt $6 13* Highest Sale Prices 111 56 53* 13* 4 103* 963* 113 3*6 3* 3* H Ask 1133* 112 111 Lowest Sale Prices Aug. 31 Ask Bid Bid X 0 3* Sale 7 3* 9 7% preferred 100 2V* 3 3* 6% preferred 100 Conv preferred 23* 33* 100 2% 3 Conv pref opt ser 1929--100 Chamberlin Metal Weather 4 4 3* Strip Co -5 63* 73* Charis Corp common --10 Cherry-Burrell Corp com 5 Chesebrough Mfg 25 110 " Sale Sale 72 Chicago Flexible Shaft Co—5 9 >6 10 Chicago Rivet & Machine 4 Chief Consol Mining Co -1 23 Sale8 Childs Co preferred-100 • 241,600 113,430 9,500 2,020 2,400 2,340 26,300 2,000 1,350 33,700 56 Aug. 1 » Ask 110 Bid Central & Southwest utilities-— 38,500 Common 50c 113,000 Central States Elec common-.1 2,150 7,275 1,525 1 Price NEW YORK CURB EXCHANGE Since 700 RANGE SINCE JAN. PRICES IN AUGUST SALES 100 43 EXCHANGE 33* Sale 117X Sale 363* 373* 81X 117 IX 3X 33* 7Vx 9 93* 5f 83* Aug. 2 83* Aug. 2 3* Aug. 5 34 Aug. 5 rX 5 43* 33* Aug. 8 Aug. 13 78 79 76 62 63 613* Aug7*15 13* Aug. 6 13* 13* 36 13* 13* 24 . \n 25 3* / 3& Aug. 23 13* Aug. 13 24 3*6 113* 12 37 41 7 Aug, 3* Aug. 21 113* Aug. 30 Sale 3* 3* 23* 77 80 Sale 80 773* 1143* 1183* 116 1163* 1143* 13* 1X Sale 1 13* 21 213* 233* 243* 253* 2 23* 2 85 23* 95 2 23* 23* 92 5 Sale 93 Sale 913* .& *jf 83* 73* 73* Sale Sale 1 1 2 Sale 8 8 % 62 8 1 7 83* 64 Aug. 6 13* Aug. 12 3* Aug 1 132 Aug. 13 . 26 Aug. 22 3* Aug. 21 123* Aug. 19 Aug. 12 23* Aug. 29 X 13* 933* Aug. 63* Aug. 83* Aug. 63 13* Sale 13* Aug. 19 53* Aug. 31 Aug. 23 1 7 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 30 110 22 15 22 2 23 4 May 17 63* May 21 May May May May 4 1 3* May 28 -33* May 23 33* May 21 67 May 28 June 7 13* May 23 51 483* 73* 23* 33* 6 213* June 10 3* May 29 113* May 28 7 12 7 8 17 13 5 15 8 243* 33* 3* 1J* 653* 13* 8 8 May May May May 21 22 22 15 May 27 X Jan. 4 May 24 7 May 15 84 4 Aug. 31 Aug. 12 Aug. Aug. Aug. Aug. Aug. Aug. 31 Feb. 19 Feb. 28 Apr. 16 May 9 Feb. 26 83* Jan. 23* Jan. 4"3* Jan. 7 J* May 88 May 63* May 22 May 22 33* May 21 3* May 16 % Aug. 17 55 May 29 1 Aug. 5 63* May 21 23 9 10 25 10 16 703* Feb. 21 23* Jan. 4 3* Jan. 13* Mar. 56 Jan. 13* Jan. 13* 75 13* 33* Mar. 19 1153* Mar. 19 73* Feb. 28 7 Apr. 22 165* Jan. 11 % Mar. 9 53* Aug. 2 3 7 383* Apr. 25 X Aprj*. 5 18 Apr. 3 45 6 3* Aug. 31' Aug. 6 13* 19 23* Aug. 19 May 15 33* 1 80 29 Aug. May 28 835* 21 1163* Aug. 30 111 May 25 120 1 13* Aug. 22 13* Jan. 2 2.3* 14 18 June 3 243* Aug. 23 393* 53* Aug. 13 7 83* Aug. 243* 33* 3* % May 43* May 45 May 75 May 85 May 43* May 6 May 12 May 3* May 33* Mar. 423* 3* 15* 675* 13* Aug. 43* Aug. 7 4 66 13* 33* 2 91 93 273* X 13* Sale 7 83* 13* Sale Sale 33 A* 67 65 63'* 24 29 33* 3* Sale 23* Aug. Aug. Aug. Aug. Aug. Aug. 43* Aug. 30 793* Aug. 1 95 13* 53* 13* 13* Sale 5% conv preferred—-—50 £1 h 33* 43* Sale Sale 23* 33* 33* 103* 13 73* 10. 73 X 7 7H 43 25 lj 72 3 3 • 6 63* 163* 123* Sale 97 393* 43* 13* , 36 13* 95 4 6 3*6 X 25* 53* 53* 153* 63* May 2 793* July 15 73* July 13 75 July 15 Jan. 4 49 33* 973*15* 63* Feb. 15 Feb. 2 Apr. 29 Feb. 6 Apr. 4 Feb. 2 May 6 Jan. 5 Jan. 24 Feb. 15 Jan. 4 Apr. 9 Jan. 8 3* Jan. 4 83* May 6 103* Jan. 19 98 113* May Apr. 53* Feb. 3* Feb. 13* Feb. 773* Feb. 23* Apr. 133* Apr. 30 3 15 23 19 15 16 8 9 Courtaulds Ltd.—- 1 Am 124,000 33,700 31,400 500 22,400 9,500 dep rets for ord stk reg — Creole Petroleum com 5 Crocker Wheeler Elec Mfg—* Croft (The) Brewing CO 1 Crowley Milner & Co com * Crown Cent Petrol (Md) 5 Crown Cork Internat cl A—.* 25c 24,300 Crown Drug common 7% conv preferred 25 950 200 Crystal Oil Ref Corp com,.. $6 preferred 10 300 5 18,400 Cuban Atlantic Sugar Co * 1,500 Cuban Tobacco common 920 Cuneo Press 6 >4% 5 * 1 Detroit Gasket & Mfg Co 1 6 % preferred ww 20 Detroit Gray Iron Fdry com.-l 15,000 Detroit Mich Stove Co 4,600 8,700 Detroit Paper Products Detroit Steel Products 10 12,900 40,100 Am dep rets ord reg Divco-Twin Truck Co __£1 com —1 Dobeckmun Co common Dominion Bridge Co Dominion Steel & Coal B 8,200 Dominion Tar & Chemical 100 5 3* % preferred 10 2,400 1 50 ♦ 1,010 Draper Corp For footnotes see page 53. 8 Sale 23* . .25 43* 43* 173* Sale 19 Sale a2W Sale 43* Sale IX Sale 40 50 103* Sale 163* 17 13* Sale 13* IX 283* 13* 29 1 125* 143* 8 4X Sale 5 113* 123* 76"" "77"" IX 23* 43* 13* 21 8 53* 115 10 33* 1A* 13* 13* Aug. 33*^43* 33* Aug. 2 13* 20 -S8 Sale 223* 3 3* Sale 223* 43* 33* 25 23*' 25* 243* 53* 43* 13* 27 90 90 95 34 ,37 163* 103* 173* 13* 13* 1 13* 9 3* 163* 1 18 22 243* 10 103* 203* Sale IX 23* 13* 6 43* 43* 13 63* 1 13* 27 93* 163* 13* 1 18' 21 10 293* 13* 134 63* 7 4 17 16 53* 53* 3 5 S° 60 3 54 Sale 62 64 9 Aug. 12 133* 33* 3*6 13* 23* 33* 1 Aug. 6 Aug. 5 Aug. 7 Aug. 2 Aug. Aug. 30 . 13* Aug. 13* 33 10 6 26 14 4 15 25 17 33* Aug. 17 Aug. 93* Aug. 223* Aug. 43* Aug. 33* Aug. 3* Aug. 25 Aug. 90 Aug. 13* Aug. 30 Aug. 13 173* 13* 13* 183* 243* 1134 Sale 13* Aug. 26 20 1093* Aug. 20 26 63* Aug. 26 9 1 19 19 15 12 17 6 30 1 15 23* 13 Sale 53* Aug. 5 163* Aug 3 IX Aug. 29 13* Aug. 15 . 14 Aug. 53* Aug. 30 26 13 203* Aug. 13* Aug. 33* Aug. 22 17 Aug. 103* Aug. 25 Aug; 53* Adg. 33* Aug. 1 Aug. 25 Aug. 90 Aug. 13* Aug. 1 13 3 10 12 30 1 34 Aug. 93* 163* 13* 13* Aug. 22 3 Aug. Aug. 29 Aug. 12 6 634 634 643* 7 23* May 16 July x 83* May 21 May 43* May 28 11 22 17 28 43* Jan. 3 June 5 3& May 22 14 Feb. 73* 153* 3* 13* May May May Feb. Mar. 63* Aug. 26 43* Aug. 16 53* Aug. 23 4 "l 67 60 64 Aug. . 9 Feb. 14 193* Jan. 5 32 Feb. 16 8 Jan. 3 5 Apr. 9 13* Feb. 23 273* Feb. 23 98 Apr. 6 2 Jan. 3 373* May 29 22 28 Jan. Apr. Apr. 293* Aug. 13* Apr. 4 6 Mar. 29 July Feb. 26 Feb 28 19 *10 June 10 5 3* Mar 15 23 18 5 23 3 113* Apr. 2 17 3* May 10 2 IX Jan. 23* Mar. 28 Apr. 10 5 3* June 10 4 May 15 253* May 2 9 60 ~" Aug. 22 15 843* Feb. 13* May 22 30 Aug. 15 13 53* Aug. 14 112 Aug. 30 20 Feb. May May Feb. Apr. Jan. 26 21 3* Mar. 123* May 223* July arlO Apr. 293* Aug. 31 203* July 6 13* June 13* Aug. 18 13* 223* 3* 83* 103* 25* 26 18 17 2 27 6 3 Jan. May 3 4 Jan. 2 Apr. 4 Apr. 1 4 May 83* Feb. 15 73* 243* 63* X 13* Jan. 3* May 6 May 5 July 13* May 108 May 63* Aug. 18 9 , % May 24 2 8^ 11 100 1 7 Aug. 20 53* Aug. 55* 53* 13* Aug. 13* 2 1093* Aug. 1103* 111 63* Aug. 53* 63* 20 „13* Sale 113* Aug. 26 33* Aug. 13 5 Aug. 33* 15 15 * 56 . Feb. 115* Aug. 33* May 3* Jan. 13* May 13* Jan. 33* July 7 133* 13 10 , Sale 33* 33* 33* 17 Sale 103* 113* 233* 25 5 53* 33* 4 1 22 Sale 2 10lff 100 » 13* 193* 33* 10 De Vilblss Co common 7% preferred 10 200 925 Diamond Shoe Corp com — .. * Distilled Liquors Corp new 2.50 2,200 Distillers Co Ltd— 200 2 13 33* 3* 13* 23* 33* 33* 53* 35 conv 1 5 50 100 .* * 60 IX Dacca Records common— —1 Dejay Scores Inc common Dennison Mfg Co class A $6 prior preferred 8% debenture stock 240 9,700 Derby Oil & Ref com A conv preferred— 70 4,100 2,300 73* 23* 5 Daroy Petrol Corp Davenport Hosiery Dayton Rubber Mfg Class A Sale 13* 13* 100 pref 750 Curtis Mfg Co (Mo) 10,600 1,650 16,450 2,690 66,900 4,600 8,900 2,625 223* Sale 53* Sale 3 31 133* 9 3* 73* 253* 123* 53* 67 78 2 22 16 31 25 Jan. 9 Apr. 25 Apr. 5 May 2 Jan. 3 Mar. 6 Mar. 29 Jan. 11 44 NEW YORK EXCHANGE CURB AGGREGATE SALES PRICES IN AUGUST In Since August Jan. 1 Shares Shares 100 "l",906 """700 600 Bid 2,554 Driver Harris Co common—10 110 7% preferred.. 100 Dubilier Condenser Corp 1 29 1,900 475 150 8,650 275 5,025 210 3,900 3,500 3,550 1,250 275 500 1,000 525 1,200 42", 300 10,500 4,000 1,050 1,800 200 1940 Par 78,100 28,800 41,720 26,350 1,050 17,300 11,475 15,100 19,400 2,059 1,077,100 111,525 33,400 9,150 14,100 2,600 2,025 8,400 3,200 40 880 """900 1,275 6,800 10,300 6,875 (Continued) Duke Power Co Eagle Picher Lead Co 2,100 700 400 """200 2,600 120 800 2,700 250 75 Sale X 2X 6X 1 2% 7 12 Sale 3X Sale Sale 44 Sale 5 $6 preferred * * $5 preferred Electric Power & Lt 2d pf A-.* Option warrants Electrographic Corp com 1 Elgin National Watch Co—15 Emerson Elec Mfg Co com 4 Empire Dist Elec 6 % pref.. 100 Empire Gas & Fuel 7% pf-100 8% preferred —100 6% preferred 100 6 X % preferred 100 Empire Pow Corp part stk * Emsco Derrick & Equip Co—5 Equity Corp common 10c S3 conv preferred -1 Esquire Inc 1 Eureka Pipe Line 50 common 1 ______ X, 18 4 Sale Sale 1,100 50 """25 $3 750 4% conv 1 ""io 61 3 Sale preferred 12 J* 13X 24 Sale 76 85 63 X 64 70 60 61 26 X ioi y\t 70 69 X 78 21X 25 100 100 20 Sale oaie Sale 24 IX Sale ~7X "7H 23 X 12X 6% 2",200 150 General 50 175 425 "~l66 f 11,600 850 200 70 150 200 50 425 500 700 100 200 5,200 900 130 2,700 450 100 700 100 2,600 100 67 X 68% 96% Sale 17 Sale 17 X 17% 2% Sale IX 1 9X 4X 6X 21 9 8X X Sale 3X • 54 X 16 X ,2 X Sale Sale 7 22 9X 8X Sale Sale Sale Sale 9X 15 X 3X 13X 5X 70X Sale 16X Sale 15 Sale 71X 64 Sale 15X IX 10X 13 26 28 3 17X 2 3X 85 81 81 82 X 84 78 82 78 X 21X 80 9 Aug. 24 72 Aug, 19 Aug. 2X Aug. 5 74 Aug. 15 5 X Aug. 28 Aug. 16 X Aug. 28 5X Aug. 12 7X Aug. 13 IX Aug. 13 Aug. 16 45 X Aug. 19 8X Aug. 16 % Aug. 17 15 Aug. 14 15 Aug. 14 3X Aug. 3 19 8X Aug. 2X Aug. Aug. 54X Aug. 9 Aug x Aug. 17 Aug. 17 Aug. 3X Aug. 23 X ■ 14x IX Sale X« 2X 14X 16 X 22 Aug. Aug. Aug. Aug. Aug. 16 13 13 13 8 Aug. 28 2X Aug. 15 12 X 31 26 6 8; 28 73 X Aug. 14 74X Aug. 68X Aug. 72 Aug. 5 1 2 9 X X 19 X 20 X Sale Aug. X Aug. 19 Aug. 3X Aug. 13 16 16 29 May 21 14 May 21 2 X May 16 1 5 2 30 56 57 30 30 Aug. Us Aug. 20 X Aug. 3X Aug. 2 2X 31 36 12X 14, 9 Aug. Aug. 6X Aug. 20 Aug. 8X Aug. 7% Aug. 4 9 14 20 27 20 16 9X 4X 6X 21X 9X 8 IX X * 10 15% "l~X "'IX 14 X 8X 30 30 13 18 89 6X 53 X X 2 IX Aug. 27 Sale 23 21 22 15 19X 37 X 14X 17X 37X 20 93 87 8 57 X 57 X Aug. 45 60 '•4 38 X X IX 74 X Sale IX IX 76 100 1 com 8X 4X 132 75 74 80 31 29 X 31X X X 64X 98 10 9 * 97% ~98X 5% 6% * * , 40 45 4X * 7% 5 9 * 98 1 Sale 27 24 * 96 96 X 87 X Sale 105 Us 4X 39 2X 4X 8X 20 X 44 4X 6X Sale 21X Sale 5 95 X 4X 96 Xe * _ Non-voting common stock.* 10,510 11,050 Great Northern Paper Co 25 * 19,600 Greenfield Tap & Die com Grocery Stores Prod— Common 25c 6,800 common, 110,000 Gulf Oil Corp 1 25 2,680 Gulf States Util $6 pref * $5.50 preferred * 1,100 Gypsum Lime & Alabastine..* _ _ 41,200 Hall (C M) Lamp Co 5 13,950 Hammermill Paper Co com. .10 525 Hartford Electric Light 25 1 15,400 Hartford Rayon com v t c com 16,500 Harvard Brewing Co 7,100 Hat Corp of Am cl B com Haverty Furniture Cos— Conv preferred _* .1 J * 96 102X 10X Sale 96X 97 X 96 X 97 X 4X 4X 40 X 44 2 4X 4X 6X 15X 25X 5X 9 IX 17 26X 7 Sale 131 132 110 Sale 44 8X 44 X 9 2 X 2X % X 38 X Sale 112 X Sale 109 112 2X 5 5X 5% IX X IX 6X IX X IX Sale 4X Aug. 16 14X Aug. 27 25 Aug. 2 X Aug. 7 53 Aug. 28 '«< Aug. 27 72 Aug. 13 27X Aug. 15 4X Aug. 12 15X Aug. 6 30 Aug. 15 X Aug. 7 53 Aug. 28 Aug. 27 75 Aug. 6 29X Aug. 30 X« Aug. 20 62X Aug. 23 98 8X 21 6 Sale Xe 25 4X Aug. 29 40X Aug. 28 4X Aug. 29 40X Aug. 28 8 X 69 1 Us 17X 8 23 X 64 X 6 X X IX 5X 30 17X X 2X Apr. Apr. 15X 8X 36 X 12 % 6 6 9 Mar 28 May 7 Mar. 9 Aug. 22 Apr. 15 3X Feb. 1X Jan. 2 9 17 X May 9 90 July 31 78 Jan. 27 IX Jan. 3 65 9 66X X IX 6X 30 90 Mar. 1 Apr. 12 Apr. 6 55 June 98 Aug. May May May Jan. May July Jan. Apr. 88 87X 4X 40 X 5X May 18 Aug. 5 May 93 May Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug, 7X Aug. 13 20X Aug. 16 67 Aug. 13 X Aug. 19 X« Aug. 13 IX Aug. 28 4X Aug. 19 Aug. Aug. Aug. Aug. 94 Aug. 44X Aug. 9 Aug. 21 May 3 8 7 10 X Aug, 28 Mar. 5 41 28 101X Feb. 13 4 91 Mar. 12 26 26 3 8 7X Apr. 4 May 15 5X Apr. 22 6X Apr. 8 49 22 9X May 27 32 X Apr. 17 Apr. 23 17 Feb. 18 Apr. R 8 18 June 17 4 June 12 4 X May 23 ill* 6 19 18 Apr. 26 Jan. 25% Feb. 8 28 Apr. 8 Apr. 27 28 X Apr. 9 8 Apr. 24 11X Jan. 19 A* Jan. 30 May 24 114X Apr. 20 June 36 8 49 X Apr. 30 6 X May 22 10X Apr. 22 1X May 23 2X Jan. 12 X Jan. 12 X« Mar. 12 25 X June 10 39 X Jan. 4 107 X May 24 114X Mar. 4 102 June 111% Feb. 1 Aug. 111X Aug. 110 Aug. 9X Aug. 15 106 31 8 88 IX Aug. X Aug. 67X X Us 2X 4X IX Jan. Apr. 81 123 X May 23 135 29 X 23 X 11 Jan. li*June 26X 4X 5X 128X X» Apr. 6 Apr. 17 Mar. 11 48 25*' Aug. Aug. 65 8 May 23 8 8X Aug. 20X Aug. 5X Aug. 96 Aug. 15 X May 15 Us Aug. 20 6X 7X Aug. 13 18 Aug. 27 5 1 Aug. 95 Aug. 22 19 15 X Mar. 7 16 X Apr. 8 41 Apr. 29 25 X May 22 32 X 25 Feb. Mar. 28 X jl Sale Sale 6X May 28 15 Feb. 4 X IX IX IX IX X« Sale Xs Us 29 X Sale 27 X 30 110 113 109X 112X 110 108 110 Sale 112 109 IX 3 IX 4 66 12 X May 10 X June 11 50 Aug. 98 Aug. 15 10 X Aug. 28 39X Aug. 31 97 Aug. 28 X 1X IX 12 12 15 13X 23 23 X x23 24 24 X 4X 4X 5X 4X 6 6 6X 6X 5X 125 128X 123 128X 127X 93 X 94 92 91X 93 42 44 39X 41X 40X 8 8X 9 9 8 29 X 18 July 5 May 22 4X Aug. 16 9 May 18 X Aug. 65 Aug. 13 96X Aug. 5 Aug. 15 52 X 23 X "67" "70" 7 X Aug. 24 10 X Aug. 28 19 Aug. X Aug. 24 38 J* 95 0 4 June 2 16 June 25 1 9 58 X Aug. 22 10X 23 1 Aug. 16 39 X X __.50 com $3 preferred * 1,900 10 9,300 Gorham Mfg Co common 6,050 Grand Rapids Varnish Corp.-l 10 13,400 Gray Manufacturing Co 2,050 Gt Atl & Pac Tea 1st pref. 100 2,300 Guardian Investors 11 39 84 * * $7 preferred 9,300 Goldfield Oonsol Mines 102X 38 5X Apr. Apr. 31 51X May 29 70 Feb. 29 84 X May 21 113 Mar. 20 8 X June 29 2 17X Jan. 8x July 25 17 Apr. 3 9 58 X Aug. 22 1 28X X X 62 64 25$ 13 8 Feb. 27 Mar. 4 85X Feb. « X X 62X Jan. 89 70 X % Jan. 11 ----- 57 16 '32 26 37X Aug. 30 61X 52 57 13 15 15 15 87 X x« 24 37X Aug. 30 15 40 X 52 X Feb. X July July 88 July 86 July 90 17 40 25 87 39 25 14 X 48 88 11 II 3 30 8X May 24 *11X Apr. 12 16 X May 28 20 X Apr. 11 19 X May 23 32X Jan. 26 12 Jan. 12 July 12 19 12 May 22 27 X Feb. 14 30 Jan. 2 May 21 41 4'X 14X 39 May 9 X Jan. 9 4 Aug. 28 18 Aug. 1 23X Aug. 12 15 Aug. 29 IX 5X 15 X 11 6 5 3 8X Aug. 23 17X Aug. 13 21 Aug. 19 15 Aug. 29 X 14X 14X % Sale 6X 79 18 25 2 5X May 13 3 5X May 17 Aug. 22 Aug. 5 Aug. 7 Aug. 3 Aug. 30 Aug. 20 IX Aug. Jan. Jan. X June 22 12X Jan. 9 9X 18X 13 X 4X 9 June 8 17 X Jan. 8X Jan. 29 X Apr. 4 2 July 6X Aug. 20 17 X May 22 2 Apr. 9 Apr. 18 Apr. 29 28 Apr. 30 4X Apr. 23 18 7X May 22 12 1 1 17 17 9X June IVi 28 15 3 9 Mar. Mar. 9 Mar. 12 21 X May 28 1 July 33 11 X 15 Aug. Aug. Aug. Aug. Aug. Aug. 22| June 29 2 12% Jan. 22 *73 X July 21 64X Aug. 21 20 Jan. 57 May 25 24 X May 22 8X Mar. 20 X May 21 19 Aug. 16 30 9 23 9X 9X 4X Sale 6X 6X 20 X 21X 9X 9X 7 8X June Apr. 24 Apr. 1 5 Aug. May 3 9 Jan. Jan. 8 Apr 25 28 June 22. 3X May May 42 May 7X May X May 10 x May 21 May 2X Aug. 76 July 55 X June 51 25 IX 5 13 6 Aug. 72X Aug. 64X Aug. 17 Aug. 2 Aug. 11X Aug. 82X Aug. 82 Aug. 80X Aug. 80 Aug. May 22 May 21 May 14 Mar. 1 3X Aug. Highest 6 X May 24 1 X May 15 2 31 1 Sale Prices 32 X 107X Mar. 23 110 1X Jan. 31 2X 64 Mar. 21 79 X X June 17 IX X May 21 2X 5 July 2 8X 12 5X 68X 60X 14X IX 12 X 6 Aug. Vs Aug. 16 X 60 60 61 62 62 X Aug. 23 62X 108 X Sale 107X 108 X 103 Aug. 14 109 9 12X 9H Aug. i°x 11X 12X 10 10 11 11X 13 9X Aug. 8 35 560 1,000 Hartman Tobacco 22 Lowest Sale Prices 20 X May 27 25 10 3X 2 11 70 23 26 34 11 Sale 236,750 Glen Alden Coal Co 4,300 Godchaux Sugars class A Class B 7,300 IX 41 Gladding McBean & Co For footnotes see page 53. 3X 100 ___* 25 Goodman Mfg Co 500 Gorham Inc class A 1,000 8X 2X 23 .X Rubber— 440 50 19 X 22 X 17 __♦ Preferred 400 Gilchrist Co 10 X. Xs 100 6% preferred A 1,135 1,700 Gen Water Gas & Elec $3 preferred 1,575 4,515 Georgia Power |6 pref $5 preferred 70 5,600 Gilbert (A C) Co com 700 . Tire & 10 30 "9" "iox _ 50 9 Sale 3,800 21,700 General Fireproofing com....* 200 General G & E $6 pref B * 1 14,400 Gen Investment Co com $6 preferred * 1,625 liV&rrsiDts 6,600 990 Gen Outdoor Adv 6 % pref. 100 2,230 General Pub Serv $6 pref * * 1,700 General Rayon A stock 14,100 General Shareholdings 1 $6 conv preferred * 2,290 30 74X Sale 28X Sale Sale 6X 70 68 X 4X 22 X 12 85 74 X 11* 23X IX 70 73 26 Elec Co of Great Brit American dep receipts £1 4,300 Sale Sale Sale X Sale IX 2X 11X Sale 23 27 X 3X Sale * General 500 3X 16 * 5% preferred 6,600 General Alloys Co 1,300 5X 22 X 13 1 """2i0 100 14 16% 16% 17% 17% 27 X Sale 19 19% __15 280 Gamewell Co $6 conv pref Gatineau Power Co com 60 Highest Sale Prices Malting— stock conv Sale Sale 23 % 900 16X 3X 59 Fanny Farmer Candy com—1 Fansteel Metallurgical Corp..* Fedders Mfg Co common 5 70 Fed Compress & W'house 25 400 Fiat Amer dep rets 1 37,300 Fidelio Brewery 10 1,970 Bire Assoc of Phila 15,200 Florida Power & Lt $7 pref__* 37,000 Ford Motor of Canada cl A__* Class B voting * 2,250 Common 7,800 Par tic conv preferred 9,600 57,900 Fruehauf Trailer Co 675 Fuller (Geo A) Co com. 200 1 Sale 13 X 69 Ford Motor Co Ltd— 200 17 17X 18X 7X Sale 67 X Sale 11 Froedtert Grain & X % Sale 17 X __1 72,600 Faircfiild Aviation com Fairchild Engine & Airplane. _1 Falstaff Brewing 1 Amer dep rets 40.700 Ord reg £1 600 Ford of France Am dep rets 1,800 Fox (Peter) Brewing Co 5 2,900 7X 8X 2X 2% X 21 48 X Sale 20 8X Eastern States Corp com Electric Bond & Share Lowest 20X Aug. 24 26 109X 106X 109X 2X 2X 2 X 72 Sale 72 75 X X X X % 1 % Sale 5 4X 5X 5X 2X 19 X 585,300 15,000 11,370 68,900 9,500 2,700 1,500 23 * * $7 preferred series A * $6 preferred series B * Easy Washing Mach class B. * Economy Groc Stores com—* Ask Ask Bid 106 1 * 10 31 Bid RANGE SINCE JAN. Sale Prices Aug. 31 Aug. 1 Ask 6% preferred 100 4 X% prior preferred 100 Eastern Malleable Iron Co.-25 rlOO Eversharp Inc 10,600 100 Durham Hosiery cl B com— Duro-Test Corp common Duval Texas Sulphur Eastern Gas & Fuel Assoc 100,600 22,650 33,800 1,350 900 Price Jan. 2 STOCKS 29,000 3,575 5,300 19,100 15,100 125 NEW YORK CURB EXCHANGE 5X Feb. 2 Aug. 1 Aug. 7 Aug. 16 Aug. 13 Aug. 8 Aug. 19 8 20 X May 21 62 May 18 * X X IX 4 X Aug. 19 Jan. 9 Jan. 3 May 22 14 40 X Apr. May 70 X Apr. 9 3 3 10 IX Jan. X Feb. 28 2X July 30 8X Apr. 5 Sept., 1940] curb york new 45 exchange AQQREOATE PRICES IN AUOUST SALES In .Since August Jan. 1 Shams Shares 1,000 1,300 450 3,900 200 500 7~~266 100 200 250 500 1,300 1,000 600 ""400 8,175 30 390 200 2,950 92,600 83,000 Hazel tine Corp Heller (W 2,500 5,850 700 400 650 14,000 600 1,300 100 800 50 160 300 E) & Co common.-2 7% preferred w w 25 7% pref ex-warrants 25 Hewitt Rubber Corp com 5 Heyden Chemical Co -.10 Hires (Chas E) Co cap stock.. 1 Hoe (R) & Co class A 10 Hollinger Consol G M__ — -.5 Holophane Co Inc commons .♦ Holt (H) & Co class A part-.* Horder's Inc * Hormel (Geo A) & Co com—* Horn (A C) Co common * Horn & Hardart Baking Co—* Horn & Hardart common * 5% preferred 100 Hubbell (Harvey) Inc 5 Humble Oil & Refining * Hummel-Ross Fibre Corp 5 Hussman-Ligonier Co JHuyler's of Del common 1 7% preferred stamped—100 7% pref unstamped 100 Hydro-Elec Secur common—* Hygrade Food Prod 5 Hygrade Syl vania Corp. * 100 4,100 4,800 16,500 12,050 — 2,460 """200 4,000 2,925 " "l",606 100 25,706 6,760 900 23,900 "49766 19,900 400 300 500 100 28*$ 25$ 16*$ 6*$ 4*$ 8*$ 8*$ 12*$ 68 29*$ 19 29 1% 67 55$ 11 100 500 190 370 5,800 10,500 Internat Safety Razor cl B 8,100 Internat Util class A....... „ * International Vitamin.. 1 Interstate Home Equip com. Interstate Hosiery Mills.....* Interstate Power $7 pref ♦ Investors Royalty Co.. .1 10 10 900 400 100 7H 7% 85$ 7 2 1 12,566 _ .... 4,800 Kirkland Lake G M Ltd 1,500 Klein (D Emil) Co common..* 700 Kleinert (I B) Rubber 10 Koppers Co— 6% preferred 100 Kresge Dept Stores— 4% conv 1st preferred 100 200 4,900 Kress (S H) & Co spec pref.. 10 1 13,700 Kreuger Brewing Co 2,475 620 Lackawanna RR N J Lake Shore Mines Ltd.. 25 Sale 6 Sale 76 9*$ 17 69*$ 15*$ Sale z7*$ 9 85$ o 12 10 12*$ 5*$ 14*$ 29 34 32 2*$ 2*$ 29*$ 29*$ 108*$ 109*$ 108 15*$ 18 15*$ 51*$ .51 *$ 50*$ 6*$ Sale 5*$ 8 58 Sale 9 15$ 35*$ 2*$ 245$ 5*$ 35$ 55*$ Sale" 5$ *$ 9 10*$ 63 H 19 _ 71*$ Sale Sale 8 V 3*$ *$ *$ % % 105$ Sale 20 Sale 2 39*$ 6 6 24 75 17 9*$ 8*$ 13*$ 2 30 12 5 30 12 34 Aug. 2*$ Aug. 30 Aug. 8 Aug. 16 109 17 Aug. 12 Aug. 16 54*$ 65$ Aug. 3*$ 25*$ 6 4*$ 61 11 Aug. 5 Aug. 7 Aug. 1 Aug. 1 Aug. 30 36 25$ Aug. 29 22*$ Aug. 16 5*$ Aug. 13 4 Aug. 13 3*$ Aug. 3 25*$ Aug. 2 6 Aug. 1 4*$ Aug. 23 9 61.. 17*$ 7*$ 6*$ 6*$ 75$ 10 8*$ 3*$ 3*$ 14*$ 16*$ 145$ 15 Sale 1105$ 15$ Aug. 1 Aug. 29 *$ % % 10*$ 7*$ 75$ 95$ 8*$ 3*$ 14*$ Aug. Aug. Aug. Aug. Aug.. Aug. Aug. Aug. 8 11 May 20 May 22 13*$ May 21 92 8 60 11 June 6 5 H May 29 9J$ May 23 12 Jan. 20 14 Jan. 22 Feb. 9 14 36 Apr. 22 6 3*$ Apr Jan. *$ Aug. 16 *$ Aug. 13 *$ Aug. 13 Jan. 35 Apr. 27 ay Jan. 29 475$ Apr. 9 5*$ May 6 2% Mar. 23 21 H May 21 33*1 4*$ Mar. 1 Aug. 13 55 June 28 63*$ Mar, 11 Apr. 24 9*$ May 6 7*$ Mar. 6 4 18 Jan. 3 Jan. 3 Jan. 3 Feb. 29 July 19 22 Apr. 6 21*$ Apr. 8 Jan. 6 Jan. 25 125$ 12*$ 13*$ 24*$ 4*$ Mar. 19 10*$ Mar. 18 102*$ May 25 113 Jan. 5 1 Feb. 20 20 *$ May 24 *$ July 5 9 Aug. 13 Aug. 9 Aug. 1 120 112 k 8*$ % June 4*$ May 6 July 2 Apr. 1*$ June 28*$ May 10 *$ Aug. 16 _ 2 7 9 19*$ Apr. 68 Jan. 4 9*$ May 7 8*$ June 12 Jan. 22 9 10*$ Feb. 10*$ Feb. 10 7 25$ Feb. May Jtily May May Feb. June 4 H 4 Apr. 8 May 9 22*$ Apr. 11 10 Apr. 16 14*$ Feb. 13*$ 47*$ 5 20 Mar. 13 29 5* Jan. 120 26 108 Mar. 27*$ Jan. 27 June 27 May 24 June 13 6 July 9 3}$ Aug. 21 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 111*$ Aug. 65 19 8 3*$ May 3 21*$ Feb. 21 7*$ Jan. 11 14 Apr. 3 12*$ Apr. 16 June 25 52$ 5*$ 5*$ 7*$ 17 605$ Aug. 21 19 Aug. 9 7 Aug. 16 63 20 21 22 22 23 23 28 21 21 Sale Prices 29 Jan. 17 25$ Aug. I*$ Aug. 19 34 4*$ Aug. 13 7*$ Sale 7 A 17 13*$ 15*$ 16*$ 14*$ 111*$ Sale 110*$ Sale 9*$ 13 14 20 22 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 16 6*$ 14 Sale 25 25 Highest May 1*$ May May 4 May 4*$ Jan. 7 May 7 May 23 May 6*$ 8*$ 2*$ 3 4 13 30 29 7 31 10 10 5*$ 4*$ Sale 6*$ 3*$ 245$ Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 28 2*$ Aug. 20 3 105 29 5*$ 6*$ Sale 6*$ Sale Sale Sale 1*$ VA "2% Sale 18 Sale 17% 18*$ 45$ 5*$ 1*$ 1*$ 4*$ 5*$ 2*$ Sale 9*$ Sale 9*$ 10*$ 3*$ Sale *6 5$ 8% 9*$ % Sale *$« Sale 5*$ 6*$ H 1*$ 8 9*$ 23*$ 27*$ 4*$ Sale 8*$ 9*$ 19 9 4*$ *$ 14*$ 1,500 9,800 Lane Wells Co common Langendorf United 100 1 1 89*$ Sale Sale Class A * 200 Class B * For footnotes Line Material Co » * see page 53. 117 120 5 20 , 5*$ 5*$ 3*$ 4*$ *$ *$ 110 62 68 63*$ 1*$ 1*$ 68*$ 1*$ 1*$ Sale 2*$ 2* 13*£ Sale 7*$ 27 Sale 4 8*$ Sale *35$ U4H 14 *$ Sale 1*$ ,*$ 11*$ 8*$ 3 5$ 2 % 14 10 4% 117 120 8 20 5*$ 3?$ Jan. 3 Jan. 8 1 Feb. *$ 165$ 735$ 23*$ 15*$ 50*$ May 22 17*$ June 10 5 J$ May 28 4*$ Aug. 1 *$ Aug. 6 135$ Aug. 14 13 Aug. 27 *$ Aug. 6 1*$ Aug. 8 Aug. 14 Aug. 1 Aug. 14 s|aSI: *$ Aug. 2 8 Aug. 21 25*$ Aug. 9 4 Aug. 16 85$ Aug. 14 iO, 8*$ 35$ 6*$ _ 1 Apr. 24 Apr. 23 Apr. 16 Apr. 4 Jan. 8 65 2 1 12 9*$ 4*$ *$ Aug. 86' 23 At 27 7 11*$ 8*$ 83 Aug. 23 29 2 20 62 1*$ 154 12 86 78 78*$ 82 86 47*$ 60 12 40 55 11*$ 5*$ 12 42*$ 115$ 5*$ 50 12*$ 5*$ 39 10*$ 36*$ Aug. 28 39 12*$ Aug. 1 15*$ 3 Aug. 2 3*$ 100 Aug. 10 100 9% Aug. 6 12*$ 11*$ 12 15*$ 11*1 5*$ 10 5*$ 39 23*$ Sale 4 Sale 9*$ 15 2*$ *$ 34*$ 42*$ 12*$ Sale 3 3*$ 10*$ 95$ 9*$ 16*$ 12*$ 15*$ 9 1 7 Sale Sale 35*$ 1*$ Sale 3 25$ 1* 30*$ 6 4*$ 3* 2 2*$ *$ Sale ifH it 27*$ 9*$ 15*$ 1 115$ 205$ 13 13 26 29 2 20 23 27 7 45$ July 30 10*$ Apr. 27 13*$ Mar. 20 5*$ Jan. 3 5$ Jan. 26 80 May 23 955$ May 27 102 May 23 109 18 June 10 36 26*$ May 2 27*$ 90 ~ "" " 97 June 17 120 Apr. May 2 1 Mar. 27 Jan. 3 Mar. 8 Mar. 9 7*$ Mar. 19 6*$ Apr. 6 111 Jan. 2 112*$ Jan. 31 % Mar. 7 56 May 13 May 29 3 J$ May 29 ; 95 81M June Mar. 11 73 *$ Mar. 30 2 Jan. 3 2 5$ Jan. 9 8 1*$ Jan. 55 June 1 11*$ 8*$ 35$ May May June Aug. Aug. July 75 May 15 90*$ May 10 55 Feb. 11*$ June 25 45i May 21 75 Apr. 5 12*$ Apr. 10 x6A Apr. 8 35 15$ % 14 27 13 27 7 11 Apr. 11 8 10*$ Jan. 4 8*$ Apr. 15 10 775$ Aug. 7 115$ Aug. 30 5*$ Aug. 13 12 Aug. 29 5*$ Aug. 6 41*$ 14*$ Sale 3*$ Sale 5$ 4*$ 16 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 8 3*$ May 7 25$ Feb. 27 5 3 6 5 Jan. 1*$ May 22 1 May 14 113 Aug. 62 Aug. 1*$ Aug. 15$ "A, Aug. aug. 7At Aug. 11 Aug. 8 Aug. 14 Jan. 17*$ Mar. 8 17 5$ Feb. 9 5$ June 24 Aug. 24 *$ Aug .16 Mar Jan. 22 10 May 23 3*$ Mar. 13 J$ Mar. 11 12 May 21 12 May 22 *$ Apr. 10 Aug. 22 85 Apr. 18 31 29 24 21 25 9 6 2 May 21 ?$ Jan. 5*$ July *$ Apr. 8 Aug. 23 *$ May 25$ May 6 5$ June Aug. 13 118 7 6*$ 8% June 26 9*1 June 21 3 Aug. Aug. Aug. Aug. 26 26 27 31 2*$ Apr. 24 12*$ Jan. 17 5*$ May 3 195$ Feb. 7 19*1 Feb. 7 55$ May 3 4% June 20 1*$ Mar. 28 Aug. 7 92*$ 6 101 Aug. Aug. 2 106*$ Aug. 14 22*$ 5*$ Aug. *$ 84*$ 1*$ J* 3 5 A 75 55 Aug. June 29 1 2 3*$ Aug. 10 105$ Aug. 31 105$ Aug. 30 35$ Aug. 1 *$ Aug. 8 5*$ Aug. 2 "At Aug. 27 9 Aug. 21 25*$ Aug. 9 45$ Aug. 8*$ Aug. 10 Aug. 4*$ Aug. *$ Aug. 15*$ Aug. 30 14*$ Aug. 5 *A» Aug. 5 117 6*$ 1*$ Aug. Aug. 24 84*$ Lipton (Thos j)6%preferred25 Lit Brothers com 24 9h 1 2*$ Aug. 13 9*$ Aug. 13 9*$ Aug. 8 3 Aug. 27 91*$ 92*$ 91 91*$ 92*$ 98 99*$ Sale 95*$ 99*$ 106 104*$ 105 106*$ 104 20 22% Sale 22*$ Sale 25 26*$ 26*$ 25 88 5 Lobiaw Groceterias class A Class B 7*$ *$ 80 6 Lehigh Coal & Nav * Development...25 Le Tourneau (R G) Inc 1 6 13 A 92 .. Leonard Oil 5 H * Sale 83 7% 600 Lefcourt Realty com Convertible preferred 600 94,900 35,500 9,200 14,250 2,700 8,100 U1'A 10 % 1*$ j* ja 115$ 1*$ 1 4*$ 6*$ 3*$ Sale 105$ Sale 10 11*$ 3 3*$ Sale Bakeries— 300 10 Sale 13H 14 100 79,300 100 74 8 Aug. 2*$ Aug. Aug. 4*$ Aug. 9*$ Aug. 9% Aug. 8 25 3 71 21*$ 65$ 47,900 Lakey Foundry & Machine.. 1 100 630 Lane Bryant 7 % pref 600 Sale 55 60 5 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 100 460 33,600 Kingston Products 1 18,500 Kirby Petroleum 170 1,450 36 4*$ Sale 100 116*$ 120 E) Co 7% pref. 100 20 24 Kennedy's Inc 7,000 400 3 35$ Sale Sale 250 Kansas G & E 7% pref 2,800 5,900 1,400 6*$ 8*$ 34*$ 14 ... Kobacker Stores Inc com... 253 5*$ 5*$ '"!*$ Sale' 29 Irving Air Chute common 1 Italian Superpower cl A....—* 4,500 Knott Corp common 700 At, ... 100 500 10*$ 20 Aug. 1*$ Aug. 15 Aug. 15 4*$ Aug. 8*$ Aug. 85$ Aug. 17 25 9 12 13t 25 19 26 12 8*$ 21 10*$ 3 2*$ 286> 52,800 Jacobs (F L) Co * 7,100 Jeanette Glass Co Jersey Central Pow & Lt Co— 5>$ % preferred 100 2,700 6% preferred.. 100 2,940 7% preferred 100 104 2,210 ..100 35 91,100 Jones & Laughlin com .._* 250 Julian & Kokonge com 100 300 6 Iron Fireman Mfg com vtc..* Keith (Geo "266 54 12 Lowest Sale Prices 25 8 15*$ Sale Sale Sale Highest Sale Prices 27 17*$ 9*$ 75$ ...- Lowest 1 "A" stock pur warrants 1 1,7001 Internat Metal Indus cl A....* 938,200'Internat Paper & Pow warr 203,200|Internat Petroleum com....." 4,300 Registered 23,000 Internat Products common.... 37,300 Internat Industries Inc 20 "466 10 72 5*$ 10 14*$ 33*$ Sale 2*$ 3 Sale Sale 32*$ 34?$ 3*$ Sale 1,200 9*$ 17 $3 .50 prior preferred......* 300 27 29*$ 30 108*$ 109 18 25 20 100 $1.75 preferred , 27 70 31 *$ 3 2,350 2,250 52,500 67,000 4,900 4,150 6,400 10,900 30,400 9,900 1,500 1,650 1,900 20 9*$ 7*$ 25*$ RANGE SINCE JAN. Sale Prices Sale 9% 9*$ 2 100 700 11 11*$ Class B 6,400 3,900 5$ Sale 9 Ask 21*$ 24*$ 2*$ Sale 20 20*$ 45$ Sale 20 9A 7*$ Sale 69 *$ 21,700 50 4 21 Sale 16 185$ 65$ 5*$ 85$ 8*$ 1,600 „ M7 2 Sale Aug. 31 Ask Bid 7 — Non-voting class A ......1 Class B stock 1 Industrial Finance v t c_.._.-1 7% preferred--.— 100 Insur Co of North Amer 10 Internat Cigar Machinery * Int Hydro-Elec $3.50 pref_..50 Bid 16*$ 8*$ %^>f—100 Indian Terr Ilium 2,000 Ask Bid * 3 *$ 38,200 Illinois Iowa Power Co 99,200 5% conv preferred 23 A 50 Div arrear ctfs 100,600 5A * 5,950 Illinois Zinc Co 175 Illuminating Shares Co A * 59 Imperial Chem Indus Ltd— Am dep rets ord reg_.._..£l 1,300 * 104,900 Imperial Oil (Canada) 11*$ Registered * 14,100 12 13 15,200 Imperial Tobacco Co of Can..5 4,600 Imp Tob of Gt Brit & Irel- .£1 23 7.50 1,500 Indiana Pipe Line new 2,960 Indiana Serv Corp 6% pref. 100 15*$ 7% preferred 2,370 100 15*$ 111 6,620 Ind'poUs P & L 6*$ 100 "l",806 * Helena Rubenstein Inc Class A 10 2,900 Par (Continued) Hearn Dept Stores common._5 6% conv preferred 50 Heel a Mining Co... — - —25c 25 1,100 3,300 700 700 Aug. 1 1940 200 7,300 3,100 Price Jan. 2 STOCKS 6,200 9,200 7,300 112,000 9,200 6,200 2,600 1,070 1,200 4,000 13,550 8,100 10,400 22,500 5,200 200 NEW YORK CURB EXCHANGE 6 5$ 4*$ 2 5$ *$ 29 95$ 165$ Sale 4*$ Aug. 2 6 Aug. *$ Aug. Aug. 8*$ Aug. 155$ Aug. *$ Aug. 26 28 Aug. Aug. Aug. Aug. Aug. 4*$ Aug. 2*$ % 30*$ 95$ 155$ 1 30 23 16 10 22 6 6 Aug. Aug. 29 1 Aug. Aug. 23 3 Aug. Aug. 13 10 June 7 43*$ Mar. 11 9*$ July 2*$ June 2 5 25*$ Jan. x7l Jan. 3 4?$ Mar. 25 12 100 9*$ June 4 15*$ Apr. 4*$ Aug. A Apr. 4*$ May 1*$ May *$ May 21 May 75$ June 13 July % June 8 6 10 22 21 20 15 27 27 27 May 13 12*$ May 10 165$ 6*$ 5$ 6*$ 3 Feb. 21 Mar. 16 Feb. 23 Apr. 24 Mar. 12 9 3 6 9 1% Apr." 6 5$ 35*$ 12*$ 225$ Jan. Jan. Apr. Mar. NEW 46 YORK AGGREGATE SALES *n PRICES IN AUGUST Since NEW YORK Price CURB EXCHANGE Jan. 2 . August Shares 550 STOCKS (Continued) Par Bid 13 10,800 Locke Steel Chain Co.......5 10 % * 109,600 Lone Star Gas 1% 79,600 Long Island Light common. * Shares 7% preferred series A—100 6% preferred series B. —100 11,100 Louaon Packing Co com * 109,800 Louisiana Land & Expl com.-l 460 Louisiana P & L $6 pref * 7,950 Lynch Corp com— 5 6,075 19,025 250 1,325 300 5,600 60 200 113,000 tMaJestic Radio & Tel Oorp.-l 24,600 Manatl Sugar opt warr 4,000 Mangel Stores Corp com 1 250 $5 conv preferred -. * 50 Manischewitz (The B) Co * 1,400 Mapt* Cons Mfg Co • Marconi Internat Marine— Communication Am dep ret. 200 200 Mar gay Oil Corp — Marion Steam Shovel com— 100 11,200 1,800 9,200 21,400 400 "400 550 Mass Util Associates v t c 44 151 5% * 1 Massey Harris Co common—* Master Electric Co 1 May Hosiery Mills— 12% 9% Sale 34% 32% 101 25 1% 5% 103 26% 190 1,500 325 350 ""900 100 80 30 410 % Sale 2 26% 26% 2% 4% 22 3.400 45,550 3,750 23,800 3,200 2,000 450 1,200 200 200 3% Michigan Bumper Corp. -----1 Mich Steel Tube Proa.—-2.50 Michigan Sugar common. ... - * Preferred .... 10 Micromatic Hone Corp 1 % 2 9 105 23 Highest Lowest Highest Sale Prices Sale Prices Sale Prices 12% 8% % 32% 31% Aug. Aug. Aug. Aug. Aug. 2 Aug. 4% Aug. 101% Aug. 20% Aug. 13% 1 14 9% 1 3 30 38 28 35 2 7 4 9 1 103 14 21% Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 12 1 1 7 7 27 22 21 9 9 14 29 9 29 25 29% 18% 2% 5 23% 10% 2% 5 1 13 10 1 2 29% 3% T* "sail4" 2% 1% 2% Sale 42 - Sale 6% H 4 8 % 5% 14 1% 5% 4% 27% J" Ay* 67 Sale 1% 35%- 24 June 10 24 May 28 1% May 21 3% May 22 92 20 10 25 Aug. 26 Aug. 22 25 10% Aug. 19 2% Aug. 10 10 26 June 3 June 25 Jan. 2 May 21 13% 10% 1% 48% 44% 2% Mar. 8 May 9 Jan. 4 Jan. 20 Jan. 20 Mar. 15 6% Apr. 8 106% Apr. 29% Apr. 8 2 7XS Jan. 2 1% Apr. 22 1% Apr. 8 39 10 29 Mar. 21 Jan. 2 Feb. 24 5 , 2% 13 3 Sale 2 28% 29% 10% Aug. 19 2% Aug. 27 2 Aug. 6 Aug. 16 29 2% Aug. 22 30% Aug. 9 60 1% 6 4% Aug. 5 5% Aug. 22 134 135 139 142 139 Aug. 26 141 Aug. 12 4% 5 4% Aug. 12 4% Aug. 23 4% 4% 13% 16 11% 17 3% 26% May 21 7% May 22 % May 25 2 July June 1% July 26 1 % May 21 21% Jan. 16 17 Apr. 2 4% Feb. 29 2% Jan. 20 5 42 Jan. 3 Apr. 29 52 60 % 5% 1 5% 3% 27 4 Sale 3% 4% 69P. 72h 2$ 1st 2^ 3% Aug. 22 Aug. 6 3% Aug. 13 67 Aug. 1 8 3% Aug. 27% Aug. 20 % Aug. 6 2 Aug. 30 6 % Aug. 2— Aug. 30 27 4% Aug. 2 71 Aug. 30 % % 37% 34 .-38. 10 June 18 % May 21 1% May 20 30 May 21 % 1% % 1% 26 1 7 5 2% Sale 103% 105% $6 preferred.. 2% 4% 13% Sale % 1 33% Sale 31 32% 2 2% 4% Sale 12% 4% 101% Sale 103 23% 22 22% 29 38 Sale 1% 2% B- > 8% Sale Dredging com—* Mead Johnson & Co com,— .* 162% 165% 4% V/ Memphis Nat Gas com. 5 Mercantile Stores Co * 16% 17 ;. 36 Sale 1% % 1% McCorrdfItad?ator"&"Mfg Participating preferred. . -15 Metropolitan Edison Co— Sale 1 Lowest % Sale 1% 31 10 McWilliams 1 7,700 Merchants & Mfrs class A 1,225 Participating preferred * 24,900 Merritt Chapman & Scott----* 2,000 6%% A preferred 100 Common stock pur warr'ts. . 1,500 -1 42,700 Mesabi Iron. 6,400 Metal Textile Corp com 25c 200 1,900 Sale Sale 53 3,600 33,600 5,100 18,000 2,300 1,800 Ask Ask Bid Bid 13% Sale Sale 38% Sale 15% _ Ask RANGE SINCE JAN. Sale Prices Aug. 31 Aug. 1 1940 Jan. 1 5,600 3.400 EXCHANGE CURB 40 35% 40 104% 103 102% 106% 102 Aug. 29 103 Aug. 29 % Aug. % Sale 1 % Aug. 10 % Sal. 6 5% 6 5% Aug. 2 Aug. 22 % % % Aug. 6 % Aug. 6 4 4 Aug. 12 Aug. 12 3% 3% 4% 7 7% 7% Aug. 2 7% Aug, 2 •8% 7% " 5* 2% Feb. 20 9% Jan. 4 4 May 24 170% Apr. 5% May 2 3% May 21 11 18% Apr. 22 May 22 July 30 4% May 22 123 3% Apr. 25 2 50 16 Mar. 18 May 21 May 23 % July 31 .% Mar. 15 5 35% July 25 1 % July 4 Jan. 4 30% Jan. 10 4% July 13 76 July 15 % Mar. 7 % Jan. 8 3% Feb.-17 42% Jan. 5 Aug. 29 108% Jan. % June 8 Apr. 1% Apr. JfrJuly 10 4 6% Apr. May 22 June 7% July 27 103 % May 15 4 % May 21 " 10 8 9 15 15 12 Middle States PetroleumClass A v t c 1 16,820 Class Bvtc 1 26,000 8 Sale 83,050 Middle West Corp common..5 Midland Oil Corp— 2,850 4% 5% 32 conv pref * Midland Steel Products— 5,110 17% 18% $2 non-cum div shares * - * 4,250 Midvale Co.. 114% Sale 50c 1 10,300 Mid-West Abrasive Co aVA Sale --10 21,200 Midwest Oil Co 71 600 Midwest Piping & Supply Co.* 11% 10! 1 1,500 Mining Corp or Can— 1% * 20,875 Minnesota Min & Mfg Co..--* 58 Sale 60 Minnesota P & L 7 % pref 100 91 94% 1,530 Miss River Power 6% pref-100 9,300 Missouri Pub Serv common. .* 25,200 Mock Judson Voehringer. .2.50 11 Sale 1,000 2,100 10,350 4?l 300 200 175 300 1,1001 1,050 ""360 ""900 210.800 14,600 17,300 2,600 5,300 1,200 600 100 900 '""580 6,130 10,375 1,700 1,100 575 125 600 182,600 37,050 9,100 2,200 2,600 » 700 14,800 200 600 1.400 "l",306 3,300 1,800 150 2,710 2,700 4.300 600 2,400 73.800 93,000 2,390 1,100 15,300 3,000 98,700 130,400 1,700 16,700 29,350 1,800 47,000 9,000 24,500 3,775 32,910 29,700 37,500 6,600 170 40 100 200 400 Monogram Pictures com -1 Monroe Loan Society cl A 1 Montana Dakota Utilities—10 Montgomery Ward & Co A..* Montreal Lt Ht & Pow com..* Moody's Investorspartic pref.* {Moore (Tom) Dist stamped. 1 Mtge Bank of Col Am Shsr.— Mountain City Copper Co.-5c Mountain Producers Corp—10 Mountain States Pow com—* Mountain Sts Tel & Tel...100 11,400 380 8,500 Murray Ohio Mfg Co 7,100 Muskegon Piston Ring 2,150 Muskogee Co common 160 6% preferred 100 30 100 350 250 "4",300 Molybdenum Corp 1 Monarch Mach Tool Co com.* * Nat Manufacture & Stores— * National Oil Products —.4 National Power & Light— $6 preferred* National Refining com ..* Nat Rubber Mach com _* National Steel Car Ltd......* National Fuel Gas.: National Sugar Refg— * National Tea Co 5% % pref. 10 National Transit.. 12.50 National Tunnel & Mines.. -•-* National Union Radio..... 30c Navarro Oil Co ,..* Nebraska Power 7% pref.. 100 Nehi Corp 1st preferred...—* Nelson (Herman) Corp... 5 675 ""235 600 12,100 19,300 34,300 9,500 700 100 * 4,400 N Y Auction Co common 100 N Y City Omnibus warrants. 10 8,850 N Y & Hond Rosario M . ""300 For footnotes see page 53a Sale 8% Sale % % 109% Sale IP. VA 9% 11 1 57 Sale 100 92 114 120 4% 6% 4 6% ^ 8% 9 Sale 16 7 7 . Aug. 5 17 15 57% 53% Aug. 13 Aug. 5 Aug. 1 15% Aug. 105% Aug. 19 109% Aug. 108% 109 1% 1% Aug. 1% 5 1% Aug. 7 7% 6% Aug. 15 6% Aug. 11% °% SIM nSP. 5% 57 Aug. 29 6 6% 6% 38 41 40% % Sale 1% 2% 1% 7% „6% 160 162 160 19 20% 17% 18% 22 23% 23% 21% Aug. 17 Aug. 19 18 SSI: si* 6% Aug. 22 1 7% Aug. Aug. 29 41 9 Aug. MAug. 9 5 9 2 Aug. 30 168 Aug. 8 19 Aug. Aug. 22 2 Aug, 16 23% Aug. Sale 2% Aug. 16 3% 5 7 Aug. 5% 16% Aug. 23 16% 131 131% Aug. 24 132% 11 11 10% Aug. 28 11% 13% Aug. 30 14 13% Sale 8 Sale 8 6% Aug. 30 18 16 5% M Aug. Aug. Aug. Aug. Aug. Aug. Aug. 8 11 22 5 23 8% 13% Sale ... 16% Sale 46% 46% 10 Sale 12% Sale 3 3% 43 44% 43 11% 10% 47 Sale Sale % Aug. 14 19 9 14% 42 45 6% 10% Sale 10% Sale 2% 3 33% 35 Sale 94% Sale 52 2 56 7% 31% 8% 7% "9% Sale" 1% Sale^ 12% Sale 114% 117 6% 8* 117% 114 ""4% 3 7% % 2% 25 5 1 26 22 % 2% 2% 4% 12 125% 11% %Aug. 3 13 14 Aug. 10% Aug. 13 10 Aug. 1 2% Aug. 9 33% Aug. 30 11% 10% 2% 35 1 Aug. 1 Aug. Aug. 24 Aug. 22 88 90% Aug. 5 5% Aug. 3 Aug. 1 7 Aug. 12 8% Aug. 30 9 Aug. 8 Aug. 13 5 10% Aug. 1 % Aug. 9 1 % Aug. 26% Aug. 15 31 7% Aug. 23 7% Aug. 6 9 Aug. 13 1% Aug. 2 8 8 % Aug. 24 Aug. -8 8% Aug. 8 4% 6% ,8 30 3% Aug. 20 5% Aug. 23 % Aug. 9 23 Aug. 26 3% Aug. 20 5% Aug. 23 9 % Aug. 25 Aug. 26 65 64 59 Aug. 17 64 Aug. 30 20 22% 114% Sale 114% Aug. 116% Aug. 2 5 4 4% Aug. 4% Aug. 22 1 13% 14% 13% Aug. 14% Aug. 61 57% Sale 55% Aug. Aug. 2 12 % % Aug. % Aug. 28 31 31 Aug. Aug. 10 3 3 2% Aug. Aug. 15 6 si 1!* 17 18% 17% Aug. 5 19 Aug. 22 8 9% Jan 11 7 15 July Apr. 4 L20% May 13 2% Apr. 10 8% May 10 19 11 1 Jan. 23 Feb. 2 70% May 6 94 July 19 6% 6 9% Apr. 18 Apr. 16 41 1 Jan. 2% Jan. 7% Apr. 18 Jan. 29 171 Jan. 28 26 Jan. 16 30 % May 17 4% Jan. 25 4% Feb. 21 6% May 18 21 21% Apr. May 1 142 28 13% Apr. 28 17% Mar. 10 Feb. June 10 May 28 81% Jan. June 26 May May May Aug. Apr. May May May May July May May 8% May 21 5% May 21 % May 14 16 July 9 11% Jan. 10 4 5 13 24 29 8 15 21 2 4 2 9 6 29 29 3 11% % 31 11% 17% 47% 14% 13% 3% 31 1% May 22 44 Jan. 76% June 2 July 3% May 97% Jan. 6 3% Apr. 6 6% Feb. 13 54% Jan. 4 11% Feb. 20 11 16 June 3 Feb 35 116 * ■ 139% 15% 10 4% Aug. 20 30 7 10% Sale lH 12 2% "4% "5% 5% May 22 24% Jan. 18 % May 20 28 7 31 11 9 4 23 28 23 21 15 Jan. 10 107% June 1 L17% Feb. 20 5% Apr. 4 3% May 18 5 2 May 22 11% Jan. 75 nil 18$ 7% 4% May 10 „% May 18 108% Aug. 19 114% Aug. 6 June 43% May 24 90 May 10 4% 6 5 May May 1% Jan. 6% May 9% May Aug. Jan. 2% July 18 % Mar. 20 12 97 96 113 7% Sale 39% 39 16 1 New Haven Clock Co com...* New Idea Inc common......* New Jersey Zinc 25 New Mexico & Ariz Land 1 New Process Co common....* a Sale 2% Aug. 12 %, Aug. 3 5% Aug. 16 66 6 100 7 15 10% 15% * .....10 1,000 New England Pow Assn com.* 6% preferred... 100 10,630 250 $2 preferred— * 100 2,200 New Engl Tel & Tel Co 1,000 1,900 1,300 100 com 6 27% * 3% cum-4% non-cum 6 4% Sale 5% Sale 11 * 1 $3 conv preferred 50 National Container (Del)....l 5% 3% 3 Aug. 22 %s Aug. 3 6% Aug. 3 6* Nachman Springfilled Corp..* Nat Automative Fibres com.-l Nat Bellas Hess com 1 National Breweries common..* 2,500 2,800 Neptune Meter class A.... 2,800 Nestle Le Mur Co class A """250 26 1° 15 National Candy Co com National City Lines com 3 24" Sale * 2.50 —* 100 Nevada Calif Elec "125 5% Sale 27 28 % % 2% 3 6% 7% 2% 3 May 28 7% May 21 10 June 10 1 % May 27 24 7 June May 5% May 8% Jan. 1 May % May 8 May 110% May 84% May 3 May 4% May % Aug. 18% June 14 Apr. 3 Jan. 25 Feb. Apr. Apr. May Jan. Feb. 27 22 30 8% Mar. 6 25 8 3 6 12% Apr. 15 2 July 10 Jan. 8 Apr. 25 May 22 Jan. 4 Apr. 25 Jan. 26 1 % Feb. 1% 12% 117% 84% 6 7 1 30% Apr. 19 13% 76% 25% June 22 136% 110 June 10 8% 3 10 May 23 15% 49 May 24 67 v 1% % July 19 26 July 29 36 1 2 3% Feb. 15 Apr. 25 15 15% May 21 28% 8% June 20 55 May 21 18 May 27 Apr. 15 Jan. 12 Jan. 11 Jan. 3 Apr. 22 May 2 Apr. 2 Apr. 30 Jan. 8 Apr. 3 Apr. 25 Apr. 25 Jan. 25 Sept., 1940j NEW CURE YORK EXCHANGE 47 AGGREGATE SALES PRICES IN AUGUST NEW YORK CURB EXCHANGE Since Jan. 1 Aug. 1 1940 Shares STOCKS (<Continued,) Par 8,600 N Y Merchandise Co com__10 2,320 N Y Pr & Lt $6 pref^ 3,620 7% preferred100 N Y Shipbuilding Co— 47,200 Founders shares. -1 Bid Ask Bid 8 9* 7 75* 107 Sale - N Y State Elec & Gas Corp¬ 1,590 se preferred 100 6,600 New York Transit -5 3,460 N Y Water Serv 6% pref-..100 409,400 Niagara Hud Pow corn 10 11,100 5% 1st pref 100 940 5% 2d pref 100 21,000 Class A warrants 3,500 Class B warrants 13,800 Niagara Share Corp class 450 Class A preferred 30,500 Niles-Bement-Pond com 5,280 3,074 1,900 2,600 3,345 2,240 10,400 50,500 6,600 ' "2",600 100 401,800 Sale Sale Sale 5H Nipissing Mines Noma Elec Corp com --5 1 49* North Amer Rayon clA Class B common * 50 Nor Amer Util Sec com * North Cent Texas Oil 5 Nor Ind PubSer 6% pref—100 7% preferred 100 Northern Pipe Line 10 Nor States Power A 25 Northwest Engineering * * Ogden Corp common 5* 84 Sale 26 27 259* 27 49 50 *A 29* 100 Sale 69* 79* 149* Sale 169* 189* 359* 369* -4 Ohio Brass class B * Ohio Edison $6 preferred * Ohio Oil 6% pref.. -100 Ohio Power 6% preferred--100 107 Sale 989* 989* 89* 199* 99* 199* Oklahoma Nat Gas 15 com $3 preferred $5.50 conv pref— 50 * 1 Oldetyme Distillers Oliver United Filters B Omar Inc Pacific Can Co common 59* % 1st preferred 47 "79* * 11 25 * 100 Pacific Public Service com * $1.30 1st preferred Pantepec Oil of Venezuelae * OlilSS IB mm * 13 89 59* 20 49* 39* 909* 6 219* 2.50 1,100 Penn Traffic Co 242,600 Pennroad Corp com 226,600 Pa Cent Airlines com 400 Pa Edison Co $2.80 prei * 150 $5 preferred 2,010 Pa Gas & Elec class A 1,330 Pa Pow & Lt $6 pret * 4,650 $7 preferred * 50 2,870 Pennsylvania Salt Mfg 750 Pennsylvania Sugar Co-.-—20 16,950 Pa Water & Power 4,550 Pepperell Mfg Co 100 * 700 Perfect Circle com 31,000 Pharis Tire & Rubber Co 12,700 Philadelphia Co com ♦ 340 Phila Elec $5 div preferred25 1,925 Phila El Pow 8% pref 12,200 Phillips Packing Co * 972,500 Phoenix Securities common—1 $3 conv preferred A 62,300 -10 * 13,500 Pierce Governor Co com 1 68,200 Pioneer Gold Mines Ltd 34,800 Pitney Bowes Postage Meter,* 25c 5 20,800 Potrero Sugar com 5 19,000 Powdrell & Alexander com 400 Power Corp of Can com 110 6% 1st preferred .-100 * 7,100 Pratt & Lambert 50,400 Premier Gold Mining 875 Prentice-Hall Inc -* com-- 1 13,700 Pressed Metals of Amer 20 10,500 Producers Corp of Nev 7,100 Prosperity Co B common—-—* 1,800 Providence Gas Co 33.700 Prudential Investors com $6 preferred 4,500 Public Service of Colorado— * 429* 119* "449* 160H 34 Sale 12 800 66,900 39,625 77,500 575 4,500 6% prior lien pref Sale Sale 19* 29* m" Sale" 1679* Sale '679* Sale' 89 269* 8 79* 919* 29 Sale 8 ii* ISm For footnotes see page 53. «!! ' 61 M 9* 39* 9* 809* 199* Aug. Aug. Aug. Aug. Aug. 20 Aug. 509* Aug. 5*8 Aug. 39* 56 109* 1009* D„9* 84 20 8* 3* Sale 19* 40 99* Sale 42 89* 89* 69* 979* 1069* 109 1109* 115 909* Sale 50 Sale 1039* 1049* 110 Sale 24 Sale Sale Sale 78x4 129* 69* 69* 14 13 1 22 31 29* Aug. 26 39* 209* Aug, 26 219* 3 1079* 1069* Aug. 100 8 1019* Aug. 1149* Aug. 13 1169* 113 Aug. 26 113 6 1059* 1059* Aug. 129* 139* 149* 33 34 139* Aug. 15 32?* Aug. 17 1 299* Aug. 81 82 49* 169* 59* 19 49* 169* 5 18 Aug. 17 49* Aug. 13 80 39* 3 7 30 24 469* 139* 329* 299* 9* 489* 14 339* 309* 3* 45 159* 319* 30 31 9* 9* 29* 2 29* Aug. Aug. 159* 19* Aug. 149* Aug. 16 36 40 37 40 37 63 65 Sale 63 659* 1 19* 19* 9* 104 1079* 109 1109* 106 Sale 110 1109* 1119* 112 1709* 176 175 L759* 185 1 60 589* 689* Sale 25 239* 59* & 6 116 309* Sale 139* 19* Sale 7 4* 45 Sale Sale 48 1 oy, J\y2 S2H Sale Sale 759* 29 49* 69* 49* 69* 30 7 9 569* Aug. 24 1 689* Aug. 2 Aug. 49* Aug. 6 59* Aug. 27 39* v 5 65 57 y 199* Sale % 39* 49* 939* 29* 8 10 59 109* 809* 19* 79* Aug. 19 13 13 16 16 29 Aug. Aug. Aug. Aug. Aug. % 39* 8 1049* 108 110 92 113 Sale 429* Sale 20 6P, 1049* 107 1119* 113 919* Sale 449* Sale 21 Apr. 15 389* May 9 Feb. 85* Feb. 13 3 9* Feb. 20 159* May Apr. 6 ,6 anJan. May May May May May May May 20 14 Feb. 6 59* Feb. 27 3 5* Jan. 26 21 8 129* Feb. 1 29* May 27 15* May 21 119* Jan. 15 29* Jan. 22 5* Apr. 33 15 385* May 26 65 11 2 21 28 112 19 2 Aug. 1 169* Aug, 37 Aug. 27 1 60 73 24 June 64 Apr. Aug, 20 J* May Aug. 24 979* May Aug. 31 1039* May Aug. 15 il585*May 12 Feb. 3 Aug. 539* May 53 Aug. 29 May 2 22 Aug. May 49* Aug. 69* Aug. 6 6 4 49* Aug. 89* Aug. 319* Aug, 2 1 1 14 Aug. 23 15* Aug. 26 9 7 Aug. 299* July 39* May 5 May 20 May 95 Jan. 119* 619* 129* 885* 29* 79* Aug. Aug. Aug. Aug. Aug. Aug. 31 8 22 43 22 29 9 May May May May May 65 June 27 8 9 24 24 24 10 20 15 21 27 17 21 24 15 10 June 24 199* Aug. 31 % Aug. 31 16 July July 2 Aug, 2 Aug, Aug, 27 Aug 16 Aug, 30 1029* Aug, 30 79* 9* 3 9* 89* 69* 18 11 May 29 9* May May May July May May May 95 May 32 49* 5* 25* 89* 45* 3 169* 725* 90 9* 289* 93 Aug. 22 459* Aug. 22 109 67 35 June 15 11 6 May Apr. 30 July 15 Mar. 21 3 15 8 28 11 3 Apr. 18 Jan. 13 Jan. 4 Mar. 14 4 5 11 Jan. 15$ P 2 Feb. 8 Mar. 30 Apr. May 4 1 3 Jan. 8 85* Apr. 8 45 Feb. 29 135* Apr. 26 5 619* Jan. Apr. 17 lit* 1?* Feb. July 29 1 Jan. 6 Feb. 7 19* Jan. 20 15 4$ Apr. 18 Jan. 4 1 85* Feb. 815* Jan. 24 249* Apr. 8 A2 Jan. 28 42 Mar. 21 10 Feb. 10 21 19 319* Feb. 29 13 9 13 June Jan. 4 95* Feb. 7 99* Apr. 24 1029* May 6 23 A 27 il049*May 16 107 1109* Aug. 16 1109* Aug. 16 3 Feb. Apr. 85* Jan. 89* Jan. 21 15* May 29 75* Aug. 29 4 9* 169* 369* 329* 5* 15 120 25 June 27 1 6 49 Jan. Jan. Feb. 22 1135* Mar. 28 185 May May 22 4 5* June 55 Aug. 16 Aug. 16 9 1089* Feb. 28 959* Jan.- 11 65* Feb. 23 9* Aug. 16 88 3 13 12 9* May 21 25* May 22 41 8 Jan. 18 5* Aug. 10 1 Apr. Jan. 3 %> Jan. 35* Mar. 14 May 1 28 1179* May 6 21 95* Apr. 18 21 4 159* Jan. 1 % Aug. 39* Aug. 10 65* Aug. Mar. 28 21 110 9* Aug. 16 Aug. 3 21 9* Aug. 30 39* Aug. 26 % Aug. 8 25 Jan. 12 29* June 7 3 5* Jan. 26 10 19 52 Jan. Jan. 149* Aug. 13 32M Aug. 30 60 199* Sale % Sale 339* 369* 19 Mar. 27 10 9* Jan. 119* 5 % Aug. 3 39* 3 39* Aug. 13 89* 99* 8~ 89* 89* Aug. 26 6 69* Aug. 12 69* 69* 102 105 7 100 1029* 102 Aug. 4* 4 May May 39 H Sale June 72 113 9* June 39* Aug. 13 79* Aug. 13 28 Aug. 16 139* Aug. 22 19* Aug. 1 69* Aug. 17 Feb. May 10 359* Jan. 8 177 24 23 16 20 41 26 ill 17 27 29 30 17 9* Mar. 7 Aug, 13 108 Aug. 24 112 /Vug. 18 27 21 319* 49* Sale 31 149* Sale 69* 469* 119* Sale 619* Sale 129* 129* 2 100 6 120 39* 8 9* 299* 139* 19* 69* 439* 91 Aug. 22 21 28 139* Feb. May 269* May 20 16 739* 239* 113 Sale 12 57 Aug. 27 21 28 2 29* 2 22 21 8 Feb. Feb. 5 May 24 15* July 22 Aug. 30 Aug. 13 47 15 12 *>t Jan. 1 55* 995* 719* 99* 19* 59* 19* 103 9* 265* 265* 15* June 17 39* Aug. 1 May 28 24 9* May 10 95 May 24 1105* Mar. 12 94 June 12 107 Apr. 5 1109* May 23 1169* Aug. 31 104 May 27 1169* Mar. 26 96 June 13 1085* Apr. 1 59* July 19 85* Apr. 5 139* May 22 Apr. 3 iA* 39 May 23 50 Mar. 13 100 May 23 117 Mar. 29 15* Feb. 1 45* July 16 75* Aug. 1 Sale 8 18 21 1 27 139* Aug. 19 31 5 Aug. Jan. 5 3 69* Jan. 92 Mar. 28 87 Apr. 4 18 June 39* Aug. 29 169* Sale 16 9 15 819* Aug. 13 45* Aug. 13 69* Aug, 20 18 10 16 29 17 149* Aug. 23 5 Aug. 22 22 May Jan. May May May 57 May 15 May 15 May 449* May 9* Mar. 29* May 95 May 97 May 6 May 7 May 12 May 26 9* June 89* 5* 39* 9* Aug. 22 33 9* Aug. 30 Aug. 23 Jan. 50 8 6 24 Sale as 235* Apr. 22 27 108 May 13 75* Apr. 9* May 23 39* May 24 4* 7 19 149* 309* Aug. Aug. Aug. Aug. Aug. Aug. Aug. 49* 85 45 Aug. 16 28 14 2 21 7 il" 299* Sale 299* 309* 1049* 1069* 1059* 108 9 9* Aug. 26 39* Aug. 13 9* Aug. 3 829* Aug. 1 209* Aug. 3 20 Aug. 12 509* Aug. 14 9*6 Aug. 13 69* Aug. 15* Aug. 22 3 7 109* Aug. 159* Aug. 13 3 Aug. 6 6 39* Sale 3 »h 1 3 179* Aug. 14 189* Aug; 22 50 6 50 489* Aug. Aug. 23 1149* 113 Aug. 13 1149* Aug. 15 82 May 21 May 59* Jan. 17 May 39* May 73 May 66 July 1 Aug. Aug. 14 29* Sale 11 98 23 19* 33 5 _ Highest Sale Prices 99* Mar. 11 98 May 23 109 Jan. 19 1039* May 25 1189* Jan. 6 Aug. Aug. Aug. 22 Aug. 3 Aug. 31 Aug. 12 14 104 Aug. 5 1149* Aug. 5 Sale ""49* Sale" 12 39* 19* "21" "22"" 22 6 I* 9* Sale 49* 49* 79* 89* 17 6 29* 19* 49 113 Aug. Aug. Aug. Aug. Aug. Aug. 17 29* Sale Sale Sale 189* Aug. 66 9 19 19* 6 "119* "12" Aug. 13 5 Sale 109* 119* 19* Sale 79* Sale 93 7% prior lien pref _100 Puget Sound P & L $6 pref—* $5 prior preferred * Puget Sound Pulp & Timb—* Pyle-National Co com 5 Pyrene Mfg 10 499* 114 299* 59* 69* Aug. 23 1029* 1149* 1119* 69* 109* 99* 15 149* 32 309* 309* if* Sale 47 113 115 36 Lowest Sale Prices 7 May 28 85 39* Sale 21 209* 106 107 1069* 1079* 100 101 1009* 102 116 1169* Sale 113 112 1149* 1059* 107 9* 106 1079* 69* 9 * —-100 32 29* 2 12 Public Service of Oklahoma— 1,490 ij5K 159* 299* ""9* "~~9* 6 6% 1st preferred-.100 7% 1st preferred 100 400 26,625 Pub Serv of Ind $7 prior pfd—* $6 preferred * 27,225 819* 189* 189* 509* 29* 9 * 140 219* I& % « Ii39* 350 Pneumatic Scale Corp Ltd—10 15,500 Polaris Mining Co ^ Sale 29* 1029* 1109* "99* Sale" 550 Pitts Bessemer & L E RR—50 45,400 Pittsburgh Forgings Co 50 14,630 Pitts & Lake Erie RR 10 13,200 Pitts Metallurgical Co 45,500 Pittsburgh Plate Glass com—25 10,600 Pleasant Valley Wine Co__---l 7.50 8,800 Plough Inc common % 39* 39* 9* Sale 49* 25 900 Penn Mex Fuel common —50c 649* 89* 8 9* 39* 339* Sale 31 319* 1 --10 31,600 Parkersburg Rig & Reel Co--l 310 Patchogue Plymouth Mills—* 1,610 Pender (D) Grocery cl A * 95 629* 3 29* American shares 4,980 Peninsula Telep Co com 350 $1.40 preferred Sale * 1 * Pacific G & E 6% 1st pref.-.25 Pacific Lighting $5 pref Pacific P & L 7% pref 88 65 Hi* 1139* 115 19* 19* Sale Prices 17 39* Sale 219* Ohio Pub Serv 7% 1st pref.100 6% 1st pref 100 Oilstocks Ltd common 5 Sale 95 c 829* 199* 199* 499* 9* 39* 18 89* 9* 39* % IK 4 Sale 1 * * $6 preferred 189* 60 7 99 1 1 6% prior preferred ii Sale 67 85* 700 Paramount Motors Corp 1,150 Parker Pen Co- 13,900 55* 59* Highest Sale Prices 1059* 1069* 1039* Aug, 14 106 6 59* Sale 59* 9 59* Aug. 59* 21 19 199* 209* 199* Aug, 13 209* 4 49* Sale Sale 3 9* Aug. 30 49* Sale 85 Sale 819* Aug. 14 85 68 69 70 679* 67 Aug, 15 70 132 9*6 % Sale Vs 1 9* Aug. 9* ,9* 49* 49* 49* Aug, 21 49* "§ ~8T * 3,035 Overseas Securities Co 1,500 60,700 7,700 1,675 1,065 1,800 2194 55* 86 J* Ask Lowest Sale 106 1 Nor Amer Lt & Pow com Ask Bid 179* 13 5 9* Aug. 31 7 79* 7 79* 7 Aug. 9 Aug. 1049* 106 1059* Sale 1049* Aug. 15 1059* Aug. 31 114 1159* 114 1159* 1149* Aug. 27 1159* Aug. 10 -100 12,000 Novadel-Agene Corp 47,700 6,750 2,925 10,050 1,870 1,100 1,175 -4,200 56,600 7,900 5,525 183,984 119* B..5 400 Nineteen Hundred Corp B 19,700 11,000 190,100 27,375 13,600 RANGE SINCE JAN. Price Jan. 2 5 7 May 14 10 1139* Mar. 19 May 21 1069* May May 21 595* May 3 3 m 1059* 107 109 24 112 Sale 819* Sale 20 89* 59* Sale 10 6 1099* 1069* Aug. 8 109 110 114 Aug. 21 112 22 6 Aug. Sale 265* 7 809* Aug. 87 Sale 17 189* 179* Aug. 20 20 89* 10 6 59* 69* Aug. 5 69* 1089* 1119* 249* 869* Aug. 30 Aug. 28 9 Aug. Aug. 21 1 Aug. 99 June 7 1099* Feb. 14 7 1139* May 9 1049* June 139* May 28 58 May 21 115* Jan. 26 75* May 22 Aug. 19 4 5*..May 28 329* Jan. 87 Aug. May Apr. Mar. 29 10 21 10 12 7 NEW 48 YORK aggregate SALES In August Shares 590 80 EXCHANGE CURB Jan. 2 STOCKS (1Continued) Shares 4,730 Quaker Oats com 0% preferred——— 2,970 1,150 Quebec Power Co— Par 100 * Ask 117 150 103)4 100)4 105 150 157 160 9)4 10)4 8)4 9)4 102 150 118 153 12)4 Ask Ask Bid Bid 16 300 300 80 100 100 300 100 1,200 50 17,800 ""loo 100 100 125 16,600 Option warrants. 2,795 Railway A Light Securities—• 1,300 Rys & Utll invest cl A com—1 Raymond Concrete Pile— Common * 6,300 900 4,000 7,300 9,725 3,600 14,500 3,150 598,700 7,300 1,900 25,200 $3 conv Raytheon Mfg com 50c * —* Reed Roller Bit Co Republic Aviation Corp Rheem Mfg Co Rice Stix Dry Goods Co 500 500 100 100 30,300 1,025 2,600 400 """166 300 2,400 40 1,900 1,800 100 13",900 1,300 100 3,300 """e65 300 700 100 "1:006 800 650 100 Sale Prices Sale Prices 100 Aug. 5 Aug. 12 103 153 Aug. 13 Aug. 21 155 50 12,400 100 "1420 100 1,900 1 600 300 400 1,100 1,200 50 400 10 "366 800 200 50 2,900 1,800 100 500 50 200 1,100 2,100 1,100 600 100 300 4,900 1,200 225 53,500 9,200 100 1,800 "T.I66 150 1 1)4 12 125a 29)4 30 Segal Lock & Hardward com. . 1 Seiberling Rubber com * Selby Shoe Co com —* Selected Industries.1 Convertible stock..———.5 $5.50 prior stock 25 SJi 54 39a 400 a Sale 6)4 54)4 Sale pref A A A.....100 12 16 —* 10^4 i»* 31 % Sale 27 % 4% Sale 14)4 3)4 5 1)4 154 — lh 4M 5 a iiH 4IM 5 Sale 5 22 8 1154 Aug. 2 40)4 Aug. 16 )4 Aug. 13 1 Aug. 13 2054 Aug. 20 5 Aug. 16 X Aug. 27 14 Aug. 22 5 Aug. 12 1)4 Aug. 28 3)4 Aug. 13 1)4 Aug. 28 28* uM 2 Aug. 22 1 % Aug. 15 4)4 Aug. 15 X Aug. 2 1 4954 Aug. 4 Aug. 30 11 Aug. 16 4)4 IX % 1% Aug. Aug. Aug. Aug. 11 Aug. 2)4 Aug. 5954 Aug. 4 Aug. )4 Aug. 42 Sale 4 4K 9W X 3)4 46 49 IX 54 154 6)4 25 Sale 5 54 ,54 1)4 30 28 41% 66)4 150 354 654 3)4 17)4 5 33)4 20)4 154 8)4 Sale Sale 454 154 30)4 2854 46Sale 75 2 Sale Sale Sale 108)4 734 3)4 2l% Sale X 9)4 Sale -.1 % 1)4 154 Me 7)4 1754 Sale 34 40 1)4 Sale 154 Sale 17)4 ~8 '"4)4 Aug. "8 2 19)4 Aug. 10 20 Aug. 9)4 % 1 13 8 22 14 16 29 24 22 8 22 1 2 12 2 Prices Feb. 9 . July 26 Feb. 16 June 20 Feb. 6 16 _ 10 )4 X Feb. Feb. 14 41 July 1 24 2X Jan. 2 2654 Jan. 10 1 % Feb. 6 Jan. 6 X Feb. 16 Aug. 22 6)4 Apr. 9 1954 Mar. 27 5)4 Jan. 4 254 Apr. 5 14 %Jan. 25 % Jan. 5 May 28 10554 July 17 May 21 104)4 July 16 Feb. May May V Jan. 4 Aug. Aug. Apr. 42 June ; 254 May 8 May 40 May 4)4 Aug. IX May54 May IX Aug. 9 May 2% May 48 X May 4 Aug. Me July 29 May X Aug. 9 May 2254 May Feb. 9 Jan. 29 Jan. 2 Mar. 8 Feb. 6 Jan. 5 Feb. 24 Mar. 20 Mar. 7 Jan. . 4 Apr. 13 July 12 -Jam 6 Feb. 5 Jan. 24 Apr. 30 Apr. 10 May 3 May 6 Jan. 24 Jan. 18 Jan. 26 Jan. 17 May 13 16 7|iSI: 13 9)4 Aug. 1 1 Aug. 9 54 Aug. 27 Sale* 4 % 11H 2)4 41)4 42)4 3)4 45 43)4 54 1)4 iMe 154 7)4 454 5)4 21 54 Aug. 5 354 Aug. 16 9 9 Aug. X Aug. 29 41 43 Aug. 21 Aug. 13 iSiS: 54 100 5)4 154 . Sale 154 9 Aug. 1 3 54 Aug. 9 5 Aug. Aug. 5 8 i^ASI: 22 44 44 14 454 Aug. 13 13 2 Aug. Aug. 26 77)4 5 110)4 Aug. Aug. 8 1 Aug. Aug. 30 5 1 99 22 Aug. Aug. Aug. Aug. Aug. 8 Aug. 1 Aug. 30 5 1 Aug. 19 10554 Aug. 1 2 54 1)4 14 4)4 3)4 154 154 2954 30)4 29 2854 4554 Sale 60 7 22 54 Aug. 4)4 Aug. 70 Sale 654 IB 18)4 5 20)4 3 20 5)4 32)4 2254 1)4 9)4 Me IX X 154 78 1 X 5)4 13)4 le Aug. 28 Aug. 22 1 Aug. 7 IJJASI: 2954 Aug. 28)4 4554 IX 66)4 29 26 Aug. 15 Aug. 31 1 Aug. Aug. 10 Aug. Aug. 154 Aug. 4 Aug. Aug. Aug. Aug. Aug. 154 Aug. 66)4 Aug. H nn 28 1 19 19 2 5 24 12 1 10 154 11)4 10)4 T 7)4 C Sale 1)4 Sale 32 22 25*' l22H Sale J 28 1)4 1754 4)4 554 254 17)4 Aug. Aug. Aug. Aug. 5 Aug. 31 Aug. 21 Aug. 1X Aug. 8)4 Aug. 30 21 21 13 20 19 29 13 27 Me Aug. 20 1 Aug. 14 554 Aug. 30 7 # 254 17)4 5)4 32)4 22)4 154 8)4 Aug. 2 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 21 13 13 29 13 2 27 Me Aug. 20 154 Aug. 29 2 Me 554 1354 c Sale 4)4 Aug. 12 Aug. 14 13 IX Aug. 23 11% Aug. 26 854 Aug. 6 18 Aug. 14 31% Aug. 21 10454 Aug. 29 2 J Aug. 654 Aug. Aug. Aug. 1 9 8 23X Aug. 13 6)4 Aug. Aug. 15 Aug. 9 Aug. 20 9X Aug. 22 18)4 Aug. 31 34 Aug. 1 Aug. 2 Aug. 2 X Aug. 1 22)4 Aug. 9 9)4 Aug. 30 28 Aug. 31 1X 24 35 37 1754 Aug. 1754 Aug. 3 Mar. 7 1 Apr. 40 Jan. May May Aug. June May May 18 23 27 29 5 28 28 Jan. 2 5 Apr. 30 IX Mar. 8)4 Jan. Jan. 54 Jan. 6)4 Jan. 11 2 5 16 2 5 59)4 Apr. 23 Apr. 6 60 IX Mar. 9 2)4 Mar. 13 8)4 Apr 12 *A Jan. May July 3)4 May 10 May 62X June 106 May 554 May 8 May 1X Jan. % June 954 Mar. 99 Aug. 8 954 July 31 June 10 1 19 53 Jan. Mar. 54 3)4 8)4 % 2)4 29)4 Mar. 13 1 6 22 25 5 6 May 21 July 12 41 12)4 Sale July 7 June 24 54 Aug. 27 1 38 106)4 10454 106 % Sale X o > % Sale 7S 24)l Aug. 30 13 X Aug. 10 22 57,, 32 2454 154 10 154 1154 854 18 X 104 5 150 54 % 6)4 12)4 6 33 2054 ""454 1 15 IX Aug. 4)4 Aug. 15 2 X Aug. 53 Aug. 31 10 27 Sale 27 154 2 154 101)4 99 X 1)4 154 354 6 Aug. Aug. Aug. 63)4 Sale 4 4)4 95 11 24 Sale 3 94 3 Aug. 9 X Aug. 6 10)4 Aug. 1 2454 Aug. 16 10 6)4 May 22 May 17 X June 11 X May 21 16)4 May 22 454 May 17 M, July 24 10 May 27 4 July 8 12)4 June 3 3)4 Aug. 13 1)4 May 22 34 9 Aug. 2)4 Aug. 27 11 % 1354 2754 1)4 % Aug. 13 5)4 June 13 X Feb. 16 116 X H 3 Aug. 8)4 Aug. 17 Aug. % Aug. 1)4 Aug. 11 Aug. 3 Aug. 63X Aug. 454 Aug. 54 Aug. 254 154 3)4 1 )4 Sale Me 1 27 5 2 16 1 3)4 Aug. 13 44)4 Sale 8)4 54 2% 45 4354 > Sale 53 59 10554 Sale * Tube class B _.l Standard Wholesale Phosphate 6 Acid Works 20 400 1 13 13 Sale Sale Prices 94 June 10 125 142 May 21 155 8 May 21 13 113 "23" 22X Class B common 19,200 $7 preferred 2,170 20,000 Standard Products Oo.i. Standard Silver Lead 29,200 30,500 Standard Steel Spring Oo Me Aug. 2 6)4 Aug. 23 13 Pub 600 Standard Brewing Co 1 40,600 Standard Cap & Seal com Conv preferred ---10 13,450 Standard Dredging Corp— Common ....-1 5,000 $1.60 conv preferred. 20 1,400 4,050 Stand Invest $5)4 preferred--* Standard Oil (Kentucky)----10 54,500 25 64,000 Standard Oil (Ohio) com 5% preferred 100 2,325 1 319,700 Standard Power & Lt com / X Aug. Aug. X Aug. 1 Aug. 20 Aug. 5 Aug. Me Aug. 14 Aug. 4)4 Aug. 3)4 454 12)4 1254 13)4 1154 73 Sale 7554 76 110)4 109 109 110)4 109 4)4 6)4 10)4 12)4 1054 "12)4 25 28,700 South Penn Oil 10 2,400 So West Pa Pine Lines 10,600 Spalding (A G) & Bros Inc.—1 5% 1st preferred. * 3,070 Spanish & General Corp Ltd Am dep rets ord reg shs—£1 600 _* 6,000 Spencer Shoe Corp ..* 700 Stahl-Meyer Inc com Me 4 17,800 South Coast Corp com....—1 25,200 Sou Calif Edison 6% pref B—25 5 MS % pref class O. -25 16,600 5% original pref-—..——25 1,100 7,700 Southern Colo Power cl A—25 40 7% preferred 100 140 South New Engl Telep Co--100 1,600 Southern Phosphate Co—10 ,—10 22,100 Southern Pipe Line 18,800 Southern Union Gas com.....* Preferred A —25 1,075 5 25,200 Southland Royalty Co 53. 20)4 5)4 11 40 11)4 73)4 241,000 Simmons H'ware & Paint Co..* —J 11,900 Simplicity Pattern Go 100 Simpson's Ltd B stock--.--..100 4,980 SingerMfg Co Singer Mfg Ltd— Am dep rets ord reg shs—£1 1,400 310 Sioux City G & E 7% pref.100 Skinner Organ Co common—5 600 —.---1 9,600 Solar Mfg Co Sonotone Corp. -—1 44,400 —1 6,600 Soss Mfg Co For footnotes see page V 54 % 1)4 5)4 Corp conv pref.—— 2,300 Standard 11 9)4 2% Sale 60)4 Sale 454 4)4 54 Sherwin-Williams of Can.-—* Simmons-Boardman 2)4 38 Denn Mining—---5 (The) common 2* Sale Shawinigan Water A Power.-* cum m 5Sale 9 Sherwin-Williams Co com...25 5% Sale^ 49% 3)4 a 4^ 11% Sale 42)4 45)4 10 Sale 1 8)4 Sale Allotment certificates..—... Selfridge Prov Stores, Ltd— American dep rets reg. .—£1 88,300 Sentry Safety Control..--—-1 .1 1,000 Serrick Corp class B com * 2,100 Seton Leather com Silex Co J* 51 * * 1 4 11254 120 112K 114 13 12)4 10 X 9 854 9)4 2)4 2)4 154 154 2 21 24 23 Scranton-Spring Brook Water Service $6 preferrek —* Scullin Steel Co common—.-* Warrants ......----•i-* 13)4 Sale 14)4 4)4 1)4 42 1 454 Sale 13 13 % Sale 40 20 5M auI: )4 Aug. 20 % Aug. 20 % Me X 102 104 Aug. 19 104)4 Aug. 24 103)4 104 X 103 104 103)4 104)4 102 lp 5i 1,400 Savoy Oil Co -* 6,700 Schiff Co com25 52,700 Scovlll Mfg Co Scranton Elec $6 pref * ""740 Scranton Lace Co common—* Shattuck 1H 20)4 5)4 4)4 1)4 63^ 59,225 7,800 35,850 2,200 1,100 1,900 19)4 4H 11B Securities Corp (Jen'I com Seeman Bros common % 13 54 115 6)4% 1st pref.—r 100 11)4 12 * 1,000 Roeser & Pendleton Inc. Sale 12,700 Rome Cable Corp common—5 5 10,800 Roosevelt Field Inc Sale 3 Root Petroleum Cocom -.1 12,500 9 7)4 $1.20 conv preferred -20 3,400 X —* 16.700 Rossia Tnternat Corp —* 60)4 7,500 Royal Typewriter com 3 2.50 4,900 Russeks Fifth Ave Inc. 14)4 1 83,100 Rustless Iron & Steel Corp 45 46)4 $2.50 conv pref. * 1,850 1 2,200 Ryan Aeronautical Co.254 2X 8,800 Ryan Consoi Petroleum—- —* 154 1)4 20,600 Ryerson & Haynes Inc com—1 Sale 4 1,400 St Lawrence Corp Ltd.——-* Sale 15 A $2 conv preferred 50 330 3)4 Sale 417,400 St Regis Paper Co---—----5 57)4 Sale 7%preferred.---100 15,275 7)| Sale Salt Dome Oil Co.. 1 75,855 1 X 1 10,800 Samson United Corp com 36 39 50 Sanford Mills——.———* 18,312 29,700 3,000 1,200 389,399 40,400 3,850 44,800 4,350 6,700 6,100 X 1 1 * Voting trust ctfs -.---1 18,400 4,375 Rochester G & E 6% pfD--100 175 6% preferred O—-100 Rochester Telephone Corp— 200 H 11)4 11)4 . ""200 % 11 Vs Sale lZ « 8,700 X 4)4 Richmond Radiator com1 Rio Grande Valley Gas Co— 7« 6 10)4 -50c 6 10 100 200 300 500 200 600 650 300 6)4 1 (Daniel) com.—-----* Relter Poster Oil Corp Reliance El & EngCo. 54 6 40 pref Red Bank Oil Co Reeves % Sale 9 Highest Lowest Highest Lowest Aug. 31 Aug. 1 1940 Bid Radio-Keith-Orph eum— 4,000 RANGE SINCE JAN PRICES IN AUGUST Price NEW YORK CURB EXCHANGE Since Jan. 1 65? Apr. 185? 10 Jan. 31 Apr. 4 11454 Jan. 10 11)4 Mar. 7 15)? Apr. 16 100 10 22)4 6)1 24 IX 10 954 26 19 155 2M 154 July 95 May X Feb. *A Aug. 1)4 Jan. 3)4 May 1)4 May 10554 Apr. 12 June 21 Apr. 24 Mar. 26 Jan. 8 May 7 Mar. 11 Feb. 21 Jan. 3 Apr. Apr. 4 2 May IX June Jan. 6 Jan. 2 Mar. 12 Mar. 12 Jan. 3 Mar. Apr 19 27 May 24)4 May 35 66 167 Mar. 16 Feb. May Jan. Jan. Jan. 5 July 28 May 21 Aug. IX May 8 May 4)4 4)4 2)4 14)4 14 Jan. 1 May IK Mar. X Jan. 4)4 Aug. 13 Aug. Mar. May lA Apr. 19 1 May 9 1 May 1 Apr. 29 Jan. Feb 3 24 Mar. 21 Apr. J an. 2 22 6 23 12 14 May 8)4 May 7)4 June 16)4 May 26)1 May 100)4 June X June % Aug. 6 23 May 1 20 Jan. Apr. Jan. 15)4 May 28 2 2 2)4 Mar. 21 2 Jan. 4 X Jan. 23 1654 Mar. 23 24 Mar. 15 2)4 Feb. 14 11 20)4 4154 L10)4 54 X 27X 10)4 Feb. 15 May May Jan. Jan. Jan. Apr. 'A Jan. 40)4 Jan. IX Feb. 21 9 Mar. 15 Mar. 1 8 2 3 10 11 12 15 3 8 Feb. 29 CUES EXCHANGE YOBK .NEW Sept., 1940] 49 AGGREGATE PRICES IN AUGUST SALES NEW YORK CURB EXCHANGE Since Jan. 1 Aug. 1 1940 Shares STOCKS Ask (Continued) Par Bid 28,100 Starrett (The) Oorp vtc..—1 1X Sale 435 Steel Co of Canada ord —* 1,850 Stein (A) & Co com * 10,600 Sterchi Bros Stores Inc.—.—* 450 6% 1st preferred 50 5% 2d preferred--20 33,050 Sterling Aluminum Prod-' 1 6,200 Sterling Brewers Inc— 1 16,900 Sterling Inc.. -—1 12 Aug.31 Ask Bid 4,175 Stetson (John B) Co com * 2,100 Stinnes (Hugo) Corp —5 4,950 Stroock (8) & Co Inc » 9,000 Sullivan Machinery Co * 7,700 Sun Ray Drug Co com.. 1 88.599 Sunray OiI_.._. .....1 5,250 53*% conv preferred .-50 8,000 Superior Oil Co of Calif 25 Superior Portl Cement A * Class B Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices 5* Sale Xt Aug. 13 H Aug. 1 43 41 133* 4 Sale 35 Sale 2% Aug. 13 Aug. 2 23* Aug. 28 Aug. 2 8 Aug. \2 7 34 Aug. 1 1% Aug. 2 2A Aug. 12 35 35 8 Aug. 2 6X Aug. 15 5* Aug. 20 13* Aug. 9 ""554 ""6" 13* 23* 2 25* 33* Aug. 30 93* 11** 9 Aug. 9 Aug. 9 Aug. 15* Aug. 37 Aug. 233* Aug. 9H 12V Sale 2 34 X 33 38 345* 3 A Aug. 6 105* Aug. 10 Aug. 934 Aug. 13* Aug. 37 Aug. 235* Aug. 21 • 14 5 3 12 26 16 Taggart Oorp com ..-.--1 Tampa Electric Co. ..♦ tTastyeast Inc class A— 1 Taylor Distilling Co_ -.1 Technicolor Inc common 770 Texas P & L 7% pref 13,900 Texon Oil & Land Co * J00 2 31,050 Thew Shovel Co common..--5 22,700 Tilo Roofing Inc 1 800 Tishman Realty & Constr * 1,975 Tobacco & Allied Stocks * 19,600 Tobacco Prod Exports * Sale 334 Aug. 26X Aug. Sale 35 26 16 May 18 53* Jan. 23 X Aug. 20 IX May 18 2X May Xt Mar. 7 X May 63* May 8 May IX June Aug. 43* Aug. 300 690 30 ~- — Am dep rets ord reg shs Am dep rets def reg 2X X £1 5s * 100 100 7,990 Todd Shipyards Corp.... —1,150 Toledo Edison 6 % pref-. 520 7% preferred A._ 800 Tonopah Belmont Dev 10c 5,500 Tonopah Mining of Nev _.l 37,500 Trans-Lux Pict Screen com 1 29,100 Transwestern Oil Co 27,900 Tri-Continental Corp warr 66 106 \ \i 10 200 Trunz Pork Stores Inc -♦ - 113 Sale** Xt 66 106 111 Sale aVA 8 X Sale 93* 252,200 Udylite Corp 4,700 JUien & Co series A pref Series B pref 700 26,500 Unexcelled Mfg Co Inc 4,800 Union Gas of Canada 10 3* Sale 5X 33 Sale 2934 25* 73* 3 3* 7H 5X Sale 30 Sale IX 2X OX Sale 4X Sale 1 * 2 40 13 Jan. 9 5 July 13 * >6A 2X, 9 3V*1 * 4X Aug. 16 27 X Aug. 14 Xt IX 2X Xt Aug. 1 Aug. 10 Aug. Aug. 5X Aug. 3 Aug. 31 Aug. 13 OX Aug. 7 30 2 2 4X Aug. 19 2' 9X 2X ... 2X 11 __ IX Aug. 14 21 8X Aug. 5X Aug. 2 Union Stock Yds of Omaha.100 .1 9500 Common ...——* 800 United Milk Products com—* $3 participating preferred-.♦ 92 13 3* 59 14 61 Sale 103 3* 48 X May Aug. Aug. 103 Xt Aug. X 34 Hi 22 68 29 21 Sale 24 3* 78 75 X Aug. X Aug. Mar. 6 21 109 Jan. 9 24 115 Apr. 4 4 Xt Apr. 20 22 IX Apr. 15 28 7 3X Jan. 22 3 X M ay 15 Xt Jan. x8X Jan. 31 x8X Jan. 31 May May Xt Apr. Xt Jan. X May 2 May - 45* May May 1 X May 6X May 20 22 22 28 21 35* May 21 May 21 May 8 18 15 83* May 21 593* May 18 3* May 21 X Aug. X Aug. 30X Aug. 74X Aug. 13 74X Aug. 13 3* Jan. 63* Jan. % May 87 54 June 3* Feb. 79 May 2 11 24 22 11 8 28 Am dep rets tor ord reg. 43* 55* 120 United NJRR & Canal—100 11,600 United Profit Sharing com.25c 100 10% preferred 10 25 52,360 United Shoe Mach com 4,370 Preferred 25 3* May 17 1 16 54 May 21 j*, 190 U S Foil class B ♦ U S Graphite Oo common....5 U S & Internat Sec com * 1st preferred with warr U S Lines Inc pref U S Plywood $1.50 conv Oo common pref * * 1 20 83X ... Sale' ... 43* Sale I'm "'X 61 Sale 33* Sale Universal Cooler class A.. 900 .Class B 89,200 2,000 7,600 7,850 48,900 9,900 Universal Oorp v t c.... — Universal Insurance —8 Universal Pictures com.. —1 Universal Products Co... * Utah Idaho Sugar Co.... ::i5 * Utah Pr & Lt $7 pref_.— 45 X 7 43* 4X X 4X 6 X 4X 6X X 43* 73* X 52 Sale 2X Sale 31 2X 26 X 33 34 2X 3 2X 4X 17 X 6 IX 434 18 X 9 Sale 17 Sale Sale Sale 3X Xt Sale 62 53 2X Sale 27 2$ 1X Sale 83* 4X 3* 15* Sale 51 IX Sale 2% 3X 7 * Sale 6X 30 —1 61 44 X 7 25 * Sale 6X Sale United Stores Corp com—50c 1 ' 12,100 2 129.100 United Wall Paper Universal Oonsol Oil Co....10 """600 5* 240* 244)1 8* 5* 8^ 625* Sale 44 22 U S Radiator common— 1 U S Rubber Reclaiming.....♦ U S Stores Corp com—.--50c $7 conv 1st pref 4X 244 h 238 "'H ""H 27,200 United Specialties common.-.1 149,600 2,000 14,300 12,140 124,700 i 52,200 j 21,250 4 22.300 1 32,700 i*. 1,200 1 IX Sale 66 X 65 454 X Sale 154 Sale 934 53* 1 IX 354 Sale 203* 24 7 4 Xt Aug. 30 585* Aug. 23 433* Aug. 12 65* Aug. 23 43* Aug. 7 53* Aug. 14 3 X Aug. 513* Aug. 16 Aug. 15 2 235* Aug. 8 7 Aug. 2 Aug. 23* Aug. 13 30 1 Aug. 13 3 X Aug. 63 3 Aug. 445* Aug. 27 73* Aug. 13 5 Aug. Aug. Aug. Aug. Aug. 27 Aug. 34 Aug. 15* Aug. 3 Aug. 63* 3* 523* 25* 20 May 21 70 Feb. 27 5 23 3 Aug. 13 13* Mty 21 193* June 10 26 May 23 1 May 23 23* Feb. 2 Xt Jan. 27 3 Aug. 13 Aug. 31 Aug. 6 3* July 29 13* June 10 43* Aug. 21 33* Aug. 13 3* May 22 2J* Miy 20 15 May 27 4 May 2i 14 54 May 21 1 Aug. 19 4854 May 28 3 33* Aug. 183* Aug. 22 21 17 17 "a 693* 70X 59 Aug. Aug. Aug. 1 33* May 22 3 May 23 3* May 21 47 43* Aug. Aug. 31 27 8 6 30 Aug. 1 13* Aug. 1 713* Aug. 28 Jan. 3 Feb. 21 Jan. 20 Jan. 11 65* Apr. 13* Jan. 1 Jan. 29 11 5 35* Apr. 22 135* Feb. 0 33* Feb. 29 195* Apr 8 643* Jan. 18 155* May 10 16 65 Apr. 17 Apr. 24 Mar. 30 $ Jan. 3 14 4 83* Feb. 23* Jan. July Jan. Jan. 3 11 Jan. Jan. 3 3 j* 9 Apr. 8 27 Apr. 2 745* Aug. 13 29 53* Feb. 23 16 2435* Feb. 20 8 13* Feb. 19 7 3* Apr. 3 3 18 833* Jan. 2 45 5 Apr. 27 73* July 29 21 29 31 10 5 43* Jan. 239 May 5* Jan. 73* Apr. 54 May 393* June 33* May 28 Xt Aug. 13* Aug. 33* Aug. 13 2 10X 395* 3 X 8 3* May 22 9 United Molasses Oo Ltd— 1,400 8 .10 X Jan. 20 Apr. 25 76 Apr. 23 95 Aug. 13 13 IX Aug. 1 17 109Aug. 2 15 Xt Aug. 23 20 104 X Aug. 1 X Aug. 15 26 X Aug. Sale Sale 25 85 10X Mar. 29 X Apr. 25 55 May 22 11 6% Aug. 26 Jan. 5X May 10X Aug. 16 5 Mar. 20 59 3X May 13 Aug. 0 8 Aug. 20 8 '243* Apr. Apr. 8 Il!15 IX Apr. 26 10X Aug. 17 1 9 19 114 3 May May 2 12 X May 7 July 19 2 X Aug. X. Aug. 15 63* Aug. 27 Jan. 9X Jan. Feb. 22 21 28 United Chemicals Inc— S3 cum partlc pref 1,800 494,100 Un Oigar-Whelan Stores...10c 35,600 United Oorp warrants 900 United Elastic Corp * 1 348,300 United Gas common 17 1st non-voting pref..—* 37,700 Warrants 28,000 490 United G & E 7% pref 100 * 143,800 United Lt & Power com A Common class B—...—-* 41,800 $6 1st pref 201,000 *-.♦ 22 IX Apr. 23 May May May 643* Jan. 5 54 Jan. 4 11X Sale 13 6 Feb. Aug. 5 9X Aug. 22 40 65* Sale 2 Jan. 2X May 2 17,700 Union Premier Pood Stores-.1 157,700 United Aircraft Prod Jan. X Apr. 25 36 IX Aug. 3 10X Aug. 23 i£ » * 10 900 Union Investment Co com 63* 31 IX Sale 65* 7 8 4 5 1354 15 2 Tubize Chatillon Corp— Common 33,200 1 Class A—9,500 1 16,100 Tung Sol Lamp Works com-.l 80-cent div pref_-___—.7,400 16 Apr. Apr. Apr. 23 Aug. 7 4X Aug. 12 5 10 Jan. 10 h Jan. 52 1 3 2 19 Jan. Aug. 6 72X Aug. 27 Aug. 2 106 Aug. 2 Aug. 23 113 Aug. 1 Xt Aug. 1 Aug. 2X Aug. Xt Aug. IX 1 3X Feb. 4X Jan. 365* Jan. 103* IV* my, 108 Sale 8 12 11 X Jan. 50 2 Jan. 33 H Feb. 23 21 May 28 Tobacco Secur Trust Co Ltd— 600 27 1 25 21 23 93* May 9X Apr. 2 X Apr. X Jan. 8X May Aug. 20 107 Aug. 20 3 2% Aug. 12 Aug. 26 15 X Aug. 14 17 X Aug. 6 7Vi Aug. 8 7% Aug. 15 Sale Apr. 23 4X Feb. 10 38 Apr. 24 25 3* May 107 60 4 5* 26 5 Feb. 20 15 33* Aug. 9 Aug. 10 27 1 Aug. 13 6' 9% Aug. 5* Sale 1083* 1103* 25* Sale 18 3* 20 11 1134 1H 12 ?* Jan. IX Jan. 62 6 6 *3* 3* X 54 33 6 5* 63* 6 Xt May 21 393* June 27 103* June 5 2 May 21 26 * common 4,200 Swan-Finch Oil Corp—-—15 45.600 19,900 4,900 72,700 124,300 1 Sale Prices 700 """'25 RANGE SINCE JAN. Price Jan. 2 June 21 75* Feb. Apr. X Feb. 71 Mar. 6 Mar. 283 Apr. 353 Apr. 23 Apr. 53 May Jan. 6 Jan. 8 20 1 10 21 19 17 17 15 11 11 3 Apr. 11 May 3 55* Mar. 20 2 Mar. 21 65* Mar. 25 24 Mar. 13 Mar. 25 1 233* Apr. 8 2 May 10 72 Apr. 23 |y-4 100 Utah Radio Products ] com 1 6,400 Utility Equities common..-10c $5.50 priority stock 1 5 3,000 Utility & lad Oorp com Conv preferred. -—7 21,500 3,925 ] , 29.200 Valspar Oorp common $4 conv pref 2,450 1 .... 13* 525* 1% IX 13* 5 18 19 25 26 .1 85,000 1.860 Virginia Pub Serv 7% pref,100 * 5,900 Vogt Mfg Oorp 1 5,300 Vultee Aircraft Inc 22,300 Waco Alrfraft Co 6,000 Wagner Baking com v t c 40 7% preferred 4,700 Waitt & Bond Inc class A Class B 3.500 12.800 Walker Mining 3,100 Wayne Knitting Mills see page 53. 13* 72 3? in * 1 5 1 IX Sale 19X 17 X. 27 X 13* 75 103* Sale 8* 100 — ... 14,100 Wellington Oil Co common For footnotes * 42 13* 12,550 Van Norman Mach Tool com_5 Venezuelan Petroleum Aug. 3 Aug. 16 Aug. 9 13* Aug. 13 Sale \jC X 76 133* 25* 15* 3 3* X 80 9X Sale 7X 7X 3X Sale 7 75 "■% "I* Sale 35* 9 13* 21 273* 25 76Xt 78X 75 • 17 Xt Aug. 22 *85* 8 Aug. 21 Aug. 29 Aug. 27 1 1 18 265* 4X Sale 8X 9 76 35 45* 5, 54 Xt X 13 X 1454 VA Sale Aug. 21 93* Aug. 1 65* Aug. 16 354 Aug. 5* Aug. 3 Aug. 30 3* Aug. 9 13* Aug. 13 44 75 4 Aug. 29 4 Aug. 29 Aug. 3 Aug. 13 Aug. 1 1 Aug. 30 Aug. 1 Aug. 3 Aug. 30 Aug. 1 83* Aug. 23 1 Aug. 29 Aug. 2 54 Xt 13 34 154 3* May 29 43* Aug. 9 83* Aug. 29 Aug. 2 Aug. 29 5* Aug. 29 % Aug. 22 13 3* Aug. 13 13* Aug. 2 June 5 3* Aug. 9 13* May 21 15* Aug. 18 275* 5* 763* 93* 75 8 13* Feb. 27 38 16 21 5* May 21 July 18 May 28 5* May 18 63' May 22 7 May 23 63* July 12 3 5 74 33* 3* Xt 125* 15* May 15 May 21 Apr. 17 June 28 July 5 July 25 May 28 Aug. 10 13* 13* 553* X* 23* Feb. 27 Jan. 24 April 10 Jan. 11 Apr. 3 15* Mar. 27 Apr. 4 Apr. 9 15* Jan. 3 84 May 4 29 30 12 Mar. 30 83* Aug. 23 63* Apr. 6 Apr. 4 Aug. 2 53* May 7 134 Apr. 29 134 Feb. 24 155* May 13 10 75 4 Jan. 22 NEW 50 YORK EXCHANGE CURB aqqreqate sales prices Jan. 2 1940 Jan. 1 Shares 19,600, 93,800 450 890 in auoust range since jan. 1 Price NEW YORK CURB EXCHANGE Since STOCKS {Concluded) Par Bid 1% Wentworth Mfg Co .1.25 Western Air Express Corp 4M 1 Western Grocery com 20 Western Maryland Ry— 7% 1st preferred -.100 Western Tablet & Stationery 15 Common 525 Westmoreland Coal Oo 50 Westmoreland Inc. 1,650 . Ask 1% 5 46 17 20 10 —. 1% 4% 3M Lowest Highest Lowest Ask Sale Prices Sale Prices Sale Prices 1M 4% 4M 4 1% Aug. 21 4% Aug. 24 1 May 18 3M May 21 Aug. 31 Aug. 1 Bid Ask Bid ix 4M 3M 1M Sale 4M 52 52 Sale 13 15 13 15 10% 9x 12% 12 10% 9% 12% 12% ix Aug. 29 Aug. 13 46 Aug. 14 14% Aug. 16 52 Aug. 31 31 14M Aug. 16 14 Aug! 12 92 7% Apr 6% Apr. 16 11 May 18 59 % Jan. 6 Jan. 6 Highest Sale Price* 2 Jan. 3 May 26 9% May 17 10% May 17 1 17 % May 1 11% May 13 10% May 17 West TexasUtil Itler Co— 1,000 27,400 2,450 22,600 9,600 5,600 16,100 2,200 260 10,400 23,500 6,100 8,900 156,100 $6 preferred W Va Coal & Coke com 2% Weyenberg Shoe Mfg Co. Wichita River Oil Corp Williams IB O) & Co... Williams Oil-O-Matic Htg 6$ 2% 7 5% Sale 6M 7% 1M 1% 7% 8 11 11% 10 * * Wilson Jones Co com * Willson Products Inc 1 Wisconsin P & L 7% pref__100 Wolverine Port Cement—. 10 Wolverine Tube Oo com .2 Woodley Petroleum Corp..—1 Woolworth (F W) Ltd— Am dep rets ord shs 5s Wrigbt-Hargreaves Ltd * "ill Sale" 6% 5 6% Sale 11M 12% 6% Sale 99 M 2 6 6M 4M Sale 101 Sale k 7 Sale 4M x 6M 10% 4M Sale 6M 6% 10 H 8% 106 x 108% 108 3% 5% 4% 6 4 Sale Sale aa Sale 102 % Sale 7 M 6% 4M 1% 6% 11% 99M 1M 6M 6M 4M x 6 100x 2% 6% 7% 4M Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 13u Aug. 6% Aug. 1 7 23 13 13 21 ix 3% 5% 3% X 5% 7% 98 % Aug. 10 5 Aug. 13 4x Aug. 1 4M Aug. 23 5% Aug. 12 4% Aug. 1 6% Sale Aug. 16 Aug. 1 Aug. 16 Aug. 22 4M 5% 4M Sale 5% 4% a* 4 4 3M 4M 4% May May May Jan. July May May May May May May June Feb 102 2% Jan. Feb. P Aug. 8 19 15 23 Mar. 14 Jan. 26 9% Mar. 23 I* 11% Jan. 8 112 Apr. 4 9 4% Jan. 7x Jan. 4 5% Jan. 22 6 July 12 3% June 27 12% Feb. 28 6% Jan. 5 BONDS— 1967 1,443,000 Alabama Power 4%s. 1st & ref 5s—.— 1956 115,000 1st & ref 5s_ 1968 391,000 1st 5s 1946 257,000 1st & ref 5s 1951 417,000 American Gas & Electric— S f deb2%s .1950 26,00ti S f deb 3 Ks 1960 48,000 Sf deb 3 Ms 1970 50,000 American Power & Light— 102 % Sale 104 105 104 105 M 107 M Sale 103 M Sale 103 103 x 104 X 105 M| 104 % 105% 105 M 106%>105% 106% 108 109 |107% 108 107 106M 107 x 106 M 107 107M 102% 104 M 105M 106 M 106M 3 Aug. 15 104 x Aug. 6 104x Aug. 5 Aug. Aug. 15 106 Aug. 21 Aug. 20 109 Aug. 10 9 107 Aug. 8 Aug. 104 104 M 105 Aug. 13 105 Aug. 31 105 Sale 108 % Aug. 21 108% Aug. 107 % 108 M 108% 109 7 109 x Sale Aug. 2 109% 110% 109% Aug. 21 110 — 98 x 103 99 105 May 29 104% July 104M Feb. 27 107% Jan. 369,000 783,000 132,000 1,000 1,048,000 3,348,000 189,000 3,108,000 3,000 2,562,000 11,000 284,000 2,233,000 604,000 171,000 220,000 50,000 44,000 6s——.——2016 104% Sale- Appalachian El Pow 4Ms. 1948 Arkansas Pr & Lt 5s—-—19ob Associated Elec 4Mis 1953 106 % 60 M J4 Assoc Gas & Elec 4 Ms—1948 ♦5s deb 1968 5s registered 1968 ♦4Mb series O 1949 4%s registered 1949 ♦5%s conv deb-.-.—-1977 —1950 ♦Conv deb 5s Sale Sale 26 % Sale Sale 106% 106 % 94M 91M Atlantic City Elec 3 Ms—1964 Avery (B F) Sons 5s w w—1947 5s ex-warr 1947 Works— ^Convertible 6s ...—1950 Bell Tel of Canada 5s B—1957 5s series C .......1960 Bethlehem Steel 6s ....1998 6s registered 1998 Birmingham Elec 4%s_.—1968 Aug. 13 105% July 25 107 x July 11 108% Aug. 7 108 M July 18 110 Sale Sale 109 Sale 95M 92 h Sale 102% 102 % 100 105 106 105 x 105 M 104 % Aug. 108 Aug. 108 x 108 x 108 % Sale 125 130 125 128 106 Sale 14% 15% Sale 14 x 14 x Aug. ^.July 15% Sale 15 M Sale 16 15 x 14 % 15% 15 x 15M 64 66 67 M 106 108 x 106 106M Sale 107 % 100 M 103 100 97 97 96 M 14% 14 X Sale 116% 117% 115M Sale 116% 117 141 97 % Cent States Elec 5s 5%s_ . .1948 .1954 Cent States Pr & Lt 5Ms.. .1953 1iChic Rys 5s ctfs of dep.. .1927 Cincinnati Street Ry 5Ms .1952 .1955 6s series B Conv deb 5s .1950 .1950 .1958 .1958 .1969 5s registered— 2,000 5s 2,103,000 5s registered 6,000 5s 895,000 Cities Service P & L 5%s .1952 4,228,000 .1949 5 Ms gold deb 1,959,000 — .1957 1,820,000 Community Pow & Lt 6s.. Conn Ltg & Pow 7s A .1951 13,000 Consol Gas of Bait 4%S—. 1954 62,000 116M Sale 103X 105 Sale 104 105 Sale 146 150 150 Sale Sale 99 M Sale Sale 102 Sale 96% Sale 102M 103M 102% 103 99j Sale 78 J 81 Sale 995 385 38 74 x 46 M 84 88 77 Sale Sale 94% Sale Sale . 116 100 100 M Canada Nor Power 5s.... .1953 .1966 377,000 Cities Service 5s........ 5s registered ......... - .1966 15 x Aug. 15 M Aug. 14 Aug- 30 99 Aug. 99 x 98 x 110% 98% 99% 149 M 1969 3s series P 3%s series N ....... 1971 June 10 129 Feb. 9 127 May May May Apr. 21 May May May May Jan. Jan. 21 15 22 13 May 22 22 31 3 21 24 12 2 Sale Sale 33 33 Sale Sale 77 M 46 % Sale Sale 67 M , 76M 86 82 86 3!* 93 84 87 83 79 80 76% 43 x 75 42 .1952 Ercole Marelli Elec Mfg6 Ms— .1953 62,000 Erie Lighting 5s. .1967 85,000 Federal Water Serv 5Ms.. 1954 Finland Residential Mtge 6s stamped 1961 17 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 23 16 85 80 89 83 Aug. 19 79 x Aug. 2 82% Aug. 30 74 x Aug. 30 9 2 103 M Aug. 33 % Aug. 17 17 33 M Aug. 28 77% Aug. 50 Aug. 82 M Aug. 30 87 % Aug. 30 20 21 80 M 82 79 x Sale 76 x Aug. 16 79% Aug. 30 75 Sale 76% Sale 78 M Sale 74M 76 Sale Sale 76 x Sale 78 86 Sale 86 Sale 86 x Sale 87 % Sale 76M Aug. 76 M Aug. 76 Aug. 84 Aug. 84 M Aug. 78M 76M 78 x 86 M 87 M 91% 92% 92X 132 Sale 140 98 Sale 96 x 79 Sale 96 125 130 126 M 129 M 127 130 107% 107 x 109 M 110x 108 M 106 106% 107M 107 111 108 109X 109X 109 125 130 30 3 Feb. 9 Jan. 3 3 28% Jan. 16% Apr. 4 2 26% Jan. 16% Apr. 13 34% Jan* 4 2 28% Jan. 75 21 23 108% 14 110 3 105 15 16 3 Jan. 99 Feb. 8 Aug. 21 Apr. 12 Apr. 8 Aug. 2 81M Aug. 9 Aug. Aug. Aug. Aug. Aug. 95 88 138 139 90 May 24 89 95 June 10 102% Aug. 27 June 5 103% July 31 65 63 June June 77 Sale Sale 1 89 Aug. 89 x Aug. 19 97 75 92 x Aug. 51 48 50 80 45 97 96 106M 108 106 79 Sale Sale 81x Sale 78 81x 110% Sale 80M Sale 110M 111 83 x Sale 119 104 x 105% 103 M 104 119 Sale 104 M 107 105 Sale 49% 25 a3* 109 99 20M 111 Sale 23 M 99 M 84 M Sale 120% Sale Sale 47 x 110 81 % 119 104 M 105 % 104 M 103 x 104 103 x 46 107% 108 33 110% 111 100% Sale 34 M 13 Aug. Aug. 13 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 23 3 Aug. 1 97 x Aug. 21 5 106% Aug. 10 82 30 81x 8 111% 84 M 28 1 120M 30 105 21 105 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 2 30 30 12 16 31 12 1 5 47 M Aug. 12 Aug. Aug. 12 107% Aug. 15 108 46 107 % 108 39% 4 4 Jan. 30 104% June 10 109 105 May 28 111% Apr. 29 95% 91x 106M 9 30 27 31 13 8 Aug. 13 107M Aug. 23 2 111 Aug. Aug. 13 47 96 M 106% Aug. July Aug. Aug. Aug. Jan. Jan. 98% July 29 May 21 May 29 135% May 11 7 124% May 21 129% Aug. Sale Sale 77% Sale 81% Aug. 79% 75% 78% 76% 78% 92% 92% 81 127 Sale 96 x 31 5 50 96 8 7 91x Sale Jan. 98 x Aug. 89 x 61M June Jan. 8 41% Jan. 8 83 Apr. 5 50 Aug. 3 93% Mar. 23 95% Mar. 14 65% May 21 69% Mar. 15 66 Jan. 30 68% Mar. 13 66 Jan. 31 76% May 23 75% May 23 92 Sale 41 78% June 70 99% July 100% Jan. 10 83% Jan. 25 103% Aug. 9 95% May 25% May 25% May 64% May 37 May 79% Sale 60 May 21 130% May 10 Jan. June 11 116 9 Jan. 24 3 117 June 10 152 May 7 Jan. 29 139 Jan. 29 89% June 14 129M Aug. Aug. 14 127 M Aug. • 117,000 430,000 Empire Dist Elec 5s 151 99 x Aug. 5 Aug. 1 102 M Aug. 96% Aug. 103 103 28 Aug. Aug. 82 83 M 72 Sale 65 69 M 74 x Sale 103 M 101X 102 x 102 32 x Sale 33 M 31x 32 M Sale Sale 31 76 M 102 117 Aug. 30 103 M Aug. 22 104 Aug. 22 Aug. Aug. Aug. Aug. 81 106 Eastern Gas & Fuel 4s A. .1956 4,942,000 4s A registered -1956 5,000 Edison Elec Ilium 3%s.. .1965 565,000 .2030 4,149,000 Elec Pow & Lt 5s Elmira Wat Lt & RR 5s. .1956 156,000 El Paso Elec 5s A -1950 99 Aug. Aug. Aug. Aug. Aug. Aug. Aug. 98 Consol Gas Utilities— For footnotes see page 53. 2 121 127 Aug. 31 Sale Delaware Elec Pow 5 Ms—1959 71,000 16 15 15 x 67 M 13 30 108 x 1 107 % 12 101 15 20 Feb. 106% May 14 111% Jan. June 10 77 x 96 818,000 Mar. 29 102 % May 22 108 38 M May 24 62% Jan. 8 6 1 76% Sale 1943 6s A stamped— 1,318,000 Continental G & El 5s.... 1958 5,304,000 Cuban Tobacco 5s 1944 124,000 1955 1,318,000 Cudahy Packing Co 3Ms.. 207,000 156% 15% Aug. 31 14% Aug. 14 Consol G E L & P Bait— 449,000 218,000 103 M May 13 108 17 15 14 x Aug. Sale 14 M Aug. 67% 65 Aug. 106 % 106 Aug. 108 M 106 % Aug. 102 101 Aug. 100 14 8 90% May 25 105 J"sJan.—6 105 M Aug. 28 108% Aug. 31 125 Aug. 16 Aug. 51x Aug. 105 x 106 M 105M Aug. 49 M Sale 47 Aug. Sale 51 % 125 A.ug~r 20 103% Aug, 12 Locomotive Canadian Pacific Ry 6s... .1942 Central Power 5s ser D... .1957 10,767",000 129 34 28 % 72 M 420,000 1,000 1,702,000 —1959 1,139,000 Birmingham Gas 5s 165,000 Broad River Power 5s A.. 1954 1,001,000 520,000 434,000 941,000 1,823,000 1,772,000 1,291,000 137,000 68,000 Sale 111% 25% Sale 28 M Sale Assoc Tel & Tel 5%s A—1955 Atlanta Gas Light 4 Ms 1955 Baldwin 5,028,000 2,596,000 794,000 107 M 1963 111 Appalachian Power 6s 2024 126 6s A registered ,•—2024 lstmtge 4s 101 % 16 104 . Deb 3,747,000 17 June 24 105% Jan. 19 May 28 106 % July 17 Feb. 28 May 15 109 99 Aug. 13 100M Aug. 21 35 Aug. 3 35 Aug. 3 93 104 May 28 May 28 Feb. 26 99% May May 22 107 June 106% June 89 Aug. 23 94 May 61 % May 74% May 22 81% Aug. 30 108 May 20 70 May 18 110 May 23 103 May 17 101% May 22 23 97 June 24 Jan. 20 85% May 9 81% Aug. 30 112 Jan. 4 84% Apr. 3 120% Aug. 31 106 Apr. 5 105% Jan. 25 47% Aug. 12 9 3 109% Jan. 10 May 22 101% Apr. 22% Jan. 8 8 8 3 57 Apr 6 6 new Sept., 1940] curb york 51 exchange AQQREQATE Since August Jan. 1 s 57,000 229,000 18,000 101,000 13,000 88,000 115", 000 143,000 17,000 new york Price curb exchange Jan. 2 2i",66o 4,000 13,000 9,000 13,000 12,000 3,000 15,000 64,000 6,000 iv,odd 4,000 14,000 76,000 52,000 87,000 167,000 7,000 89,000 155,000 153.000 Bid bonds (Continued) 1,315,000 Florida Power Co 4s c 2,894,000 Florida Power jk Lt 5s 1,000 5s registered 1966 1954 22,000 6,000 2,000 4,000 85,000 2,059,000 Georgia Power ref 5s..... 1967 346,000 Georgia Pow & Lt 5s.....1978 tGesruerel 6s 1953 -.1965 1,638", 000 Glen Alden Coal 4s 234,000 Gobel (Adolf) deb 4V4s_..1941 162,000 Grand Trunk West Ry 4s 1950 28,000 Great North Pow 5sstpd._1950 189,000 Green Mountain Pow 3 54s. 1963 58,000 Grocery Store Prod 6s 1945 55,000 Guantanamo & w Ry 6s..1958 Guardian Investors Corp— 336,000 5sseries a... 1948 332,000 967,000 871,000 1,373,000 2,154,000 236,000 919,000 1,181,000 657,000 .1967 Idaho Power Co 3 ms Illinois Pow & Light 554s. .1957 .1954 554s series b 6s series a. .1953 .1956 58 series o Indiana Hydro-Elec 5s a. -1958 .1950 Indiana Service 5s -1963 1st lien & ref 5s. -- - a Indianapolls Gas 5s a— -1952 - .1968 298,000 Int Pow Sec 6 ms series c. .1955 321,000 ♦7s series e 510,000 2,652,000 951,000 284,000 93,000 146,000 322,000 963,000 ♦7s series f .1957 .1952 .1957 .1952 Interstate Power 5s Debenture 6s Iowa-Nebraska l & p 5s. .1957 .1961 5s series b Iowa Pow & Lt 4 54s a— .1958 Isarco Hydro-Electric 7s. .1952 Italian Superpower 6s— .1963 1,000 38,000 Kansas Electric Pow 354s-1966 111,000 Kansas Gas & Electric 6s..2022 6,000 121,000 3 54% series a 1966 ALeonard Tletz Inc 7 548--1946 15,000 295,566 Long Island Ltg 6s 60,000 750,000 Louisiana Pow & Lt 5s Lake 61,000 54,000 13,000 40,000 101,000 33,000 49,000 16,000 32,000 38,000 6,000 5,000 17,000 1,000 79,000 Sale 100 54 Sale "98k" Sale 9834 Sale 76 Sale 74 96 M 'mi "62" 47 50 40 43 108 M Sale 97 9854 104 M lOo 10554 Sale 103 Sale 9954 Sale 7134 Sale 70 Sale 1971 180,000 Met Edison 4s series e 4s series g 1965 228,000 137,000 Middle Sts Petrol 654" a.. 1945 Midland Valley rr 5s 1943 224,000 Milwaukee g l454« Minn Pow & Lt 4 Ms 62 64 4154 1st & ref 6s Mississippi Power 5s Miss Power & Light 5s 9954 10054 Sale 10654 Sale 69 Aug. 7 9954 Aug. 22 75 Highest Sale Prices 9854 Jan. 2 104 54 May Apr. May 27 105 100 70 9854 Aug. 17 10054 Aug. 13 105 67 Aug. 19 107 71 Aug. 15 Aug. 27 Aug. 49 44 Jan. 4 103 Jan. 7 4 4. 9754 May 24 102 Apr. 1© 56 June 3 8754 Feb. 24 94 June 26 102 83 May 21 10054 Jan. 5 Jan. 24 May 18 75 May 22 101 Apr. 4 70 W* 70 10354 104 56 62 43 Sale 3* 90 62 6054 10754 109 10254 103 55 Sale 3654 Sale 2954 3154 18 50 12 50 11 50 17 3154 Sale 10154 102 10254 103 10954 Sale 25 354 67 69 66 68 7154 Aug. 2854 Aug. 21 89 Feb. 28 10354 May 24 10754 Mar. 28 59 Mar. 19 May 27 75 Aug. 22 Aug. 17 Aug. 2 Aug. 22 Aug. 3154 Aug. 1 52 107 Sale 9654 9754 96 10554 10654 10554 107 10754 Sale 10454 10454 105 99 54. 9954 9954 7354 69 7254 68 7054 Sale 9154 Sale 8754 109 109 Aug. 13 10954 Aug. Aug. 14 9854 Aug. 6 10654 Aug. Aug. 1 10754 Aug. Aug. Aug. 15 10554 Aug. Aug. 28 9954 Aug. Aug. 13 7454 Aug. Aug. 13 7154 Aug. 92 Aug. 16 Aug. 23 22 30 25 29 25 2354 62 54 Sale 3954 Sale & 28 25 46 54 Sale 23 54 6154 Sale 3854 Sale 104 106 10354 10454 104 10754 107 106 105 Sale 107 25 41 38 41 37 Sale 4554 4634 4654 Sale 59 37 - 24 31 1 20 6 _ 31 10454 Aug. 35 3754 Sale 36 Aug. Aug. 46 Aug. 4554 4654 10554 10654 10654 10754 10654 107 3754 Aug. Aug. Aug, Aug. Aug. Aug. Aug. Aug. Aug. Aug. 20 23 19 1 1 13 30 29 7 28 47 Aug. 7 2654 6254 3954 10554 Aug. Aug. 30 103 12254 126 Aug. 2454 Aug. 10354 Aug. Aug. 107h 107 10554 10654 12554 127 110 78 23 Aug. 17 24 6354 Apr. 25 53 Apr. 1 105 j4 Feb. June June Mar. 13 109 3654 Aug. 14 4254 Jan. 5 100 64 July 5 81 Apr. 66 June 22 79 Apr. 60 105 10854 110 48 4554 7554 May 9 91 Apr. 22 10554 June 87 May 9854 May 101 May 9654 May 93 June 57 May 56 May 108 Sale 2154 Aug. 6554 4854 Sale 10554 Sale 10554 10654 6554 June 70 Jan. 57 Aug. 106 May 9954 May Mar. 15 1554 Feb. 7 16 May 14 10354 Jan. 3 Mar. 5 10054 May 22 105 10654 May 14 11154 Apr. 19 Sale 10454 Sale 9854 101 73 v4 Sale 7054 Sale 9054 Sale 7354 Aug. 20 9 20 20 Aug. Aug. 9 5 10254 Aug. 27 102 Aug. 10154 Aug. 29 10254 Aug. 3 1 10954 Aug. 20 10954 11054 10954 Aug. 25 354 68 71 65 69 Aug. 19 Aug. 30 68 70 67 68 Aug. 27 Aug. 27 10954 9754 10554 Sale 1 63 Aug. 17 10754 Aug. 19 109 10151 Aug. 10454 54 56 Aug. 43 3654 Aug. 57 23 15 40 17 66 1,096,000 Nevada Calif Elec 5s Sale 62 98 10054 8654 9054 10754 10954 ho 54 108 10054 Sale 6754 Sale 22 10454 29 107 37 5 127 123 6 100 22 24 6 May 15 1954 July 21 July 2054 July 5154 May 29 May 103 May 15 8 Apr. 11 24 10754 Apr. 26 22 10554 Aug. 1 22 107 17 Jan. 2 7454 Aug. 6 7354 May 6 July 10 i9olS Jan. 22 4354 Jan. 18 Jan. 16 2 15 4754 Jan. Apr. 15 24 4 24 Jan. 3 28 10654 Jan. 12 103 June 13 10654 Mar. 11 7 10954 Jan. 6 10654 June 52 29 June 13 Apr. 25 Mar. 1 3054 May 28 42 39 May 23 5354 Mar. 11 Mar. 26 Aug. 30 102 5i May 22 107 117 May 21 127 Apr. 20 2 10754 Aug. 12 10454 May 22 108 Apr. 103 54 May Jan. 16 Jan. 11 10454 110 122 June 4 10954 Feb. 23 10154 May 10 8 Aug. 30 123 110 96 Sale Sale 7954 121 o da Nat Gas 354s b__—1955 Otda Pow & Water 5s a—1948 53. 10654 Aug. 19 2054 60 66 9954 100 94 8 40 95 10654 108 60 Aug. Aug. 19 1 7 62 6 2 Aug 1 Aug. 29 100 1 Aug. 96 Aug. 10 10654 Aug. 28 10854 Aug. 14 96 Aug. 30 5 5954 Aug. 9954 Aug. 94 Aug. 10554 Aug. 107 108 Aug. 10854 107 94 98 Aug. 9554 96 60 5354 Aug. 5654 5854 5754 108 94 68 Sale Sale 11254 10454 105 109 10654 107 10454 Sale 10454 10954 94 Sale Sale Sale Sale Sale 10354 10254 10554 10454 Aug. Aug. Aug. Aug. 104 105 Sale Aug. 10954 Aug. 10954 hi 92 93 9354 Aug. 10454 10254 10554 10454 Sale 103 10654 10554 9954 9954 10154 10054 11154 113 54 11154 11354 11154 107 Sale 107 10754 10654 28 25 22 26 2254 99 125 Sale Aug. Aug. Aug. Aug. 125 Sale 125 Aug. 110 Aug. 11054 113 107 105 10654 Aug. 6954 Aug. 7054 7054 13 10454 Aug. 30 14 103 1 Aug. 13 10654 Aug. 2 6 10454 Aug. 13 105 1 Aug. 31 27,10954 Aug. 1 10 1 94 Aug. 23 106 10354 May 21 108 19 Aug. 1 5854 June 17 19 Aug. 1 7154 Apr. 23 99 May 22 10154 Apr. 20 81 May 29 96 Aug. 10 10454 July 9.10954 Jan. 19 106 June 18111 May 10 91 54 June 10 10054 Jan. 10 70 Jan. 4 5154 June 11 109 10754 Aug. 16 101 15 24 Aug. 22 1 125 1 Aug. 13 11054 Aug. 30 1 10654 Aug. 1 21 1 7354 Aug. 11954 116 Sale 6254 64 6554 64 >4 Sale 6254 Sale 96 9454 9854 9854 98 Sale 108 10754 10054 102 1015s Sale 9554 97 10354 104 10154 10054 Aug. 10154 Aug. 10254 104 96 98 9554 Aug. 10354 10454 10354 Aug. 108 11154 10854 Aug. 2 10854 Aug. 19 113 113 Aug. 16 113 Aug. 16 5 Aug. 16 10554 Aug. 10454 10554 104 66 12154 Sale 109 58 10154 10454 4154 10554 ns!H 6454 Aug. 2 119 Aug. 29 Aug. Aug. Aug. Aug. Aug. 101 19 Aug. 6654 Aug. 66 9 6654 Aug. 9654 Aug. Aug. 13 108 Aug. 29 15 27 100 2 10154 Aug. 13 1 103 Aug. 28 9 6 97 Aug. 9 2 10354 Aug. 10954 11054 hi 10954 111 10754 Sale 10854 10954 10754 10754 10754 10854 10854 109 10854 10854 10754 10754 109 103 10454 10254 10254 Sale Ill Aug. 109 Aug. 109 Aug. Aug. 30 108 1 10354 Aug. 2 Aug. Aug. 14 13 Aug. 2 Aug. 3 Aug. Aug. Aug. Aug. Aug. Aug. 5 27 29 10 29 51104 54 95 May 9 103 54 Mar. 1 107 May 9 104 54 Mar. 15 105 July 11 11054 Feb. 20 Jan. 4 June 11 10154 July May 22 112 54 Apr. May 24 107 54 Apr. 6 11 98 3 6 June 26 May 3 May 22 12854 May 4 3 11154 May 14 108 54 Jan. 20 120 102 62 June 17 110 May 21 ll5 May May May 51 May 8854 May 93 May 105 May 52 27 5854 10354 10554 4154 10554 June 51 Aug. 108 5654 Aug. 5654 57 5954 10154 Aug. 10254 10254 Sale 10454 Aug. 10454 105 Sale 3854 4054 3854 Aug. Sale 105 105"«!l06 Aug. Sale 98 9854 May 22 10254 May 24 96 May 22 97 May 23 11 10854 Apr 8 86 June 15 10054 Aug. 12 15 11254 Aug. 2 6554 Sale 6654 Sale 96 54 Sale 99 54 Sale 10754 108 11254 10554 106 10754 Sale 10354 103 Sale 116 10254 Sale 10254 Sale 7954 81 105 10354 104 103 Sale 1945 11054 113 10854 Sale 1968 95 107 11054 113 10654 Sale 7254 Sale 1953 55 65 140,000 Nippon Elec Pow 654® Nor Amer l& p 554s a...1956 10254 104 534,000 North Boston Ltg Prop 354s 47 10454 Sale 368,000 Nor Cont Util 554s a 1948 46 48 225,000 1962 Sale 94 Sale New Orleans Pnblic Serv— Ogden Gas Co 5s Ohio Power 3 lis 100 106 17 10454 10454 10454 Aug. 17 10454 Aug. 10654 10754 10654 Aug. 19 107 Aug. » 9854 Sale 10054 Sale 10754 10854 Ohio Public Service 4a Sale 19 Conv deb 5s 1950 1,444,000 1948 1.861,000 New Engl Pow Assn 5s Deb 5 Ms 1954 2,000,000 New Eng pow Co 3lis a--1961 84,000 Nor'west Pub Serv 5s a—1957 10654 51 Sale 1955 103 1957 10354 Sale 58 stamped 1942 175,000 a6s series a 1949 486,000 ANYPa&o rr 4 Jisstpd 1950 254,000 n y State e & g 4 ms 1980 655,000 454s registered— 1980 1,000 3 Ms 1964 243,000 n y & Westchester Ltg 5s.*54 50,000 4s 2004 108,000 40 105 25 10054 Sale 1978 10254 Sale ...1955! 106 Sale 1956 11 104 70 107 107 54 24 54 26 121 12454 10854 10854 10554 10754 65 2154 Deb 5s series b 2030 619,000 60,000 t ANat Pub Serv 5s c o d.1978 2022 70,000 Nebraska Power 6s 454s—. 1981 249,000 103,000 Neisner Bros Realty 6s—1948 page 9 Aug. 24 10054 Aug. Aug. 16 7454 Aug. 30 Aug. 7 99 Aug. 23 25 9954 Sale 11154 Sale see 99 100 10054 101 75 65 7654 98 9854 100 98 9854 9954 21 598,000 Nassau & Suffolk Ltg 5s—1945 2026 620,000 Nat Pow & Lt 68 a For footnotes 10354 Aug. 30 10454 Aug. 43 54 Sale --1967| ..1951 205,000 Miss River Power 5s 603,000 Missouri Pub Serv 5s a—1960 279,000 775,000 1,003,000 290,000 168,000 Sale 10854 Sale 6854 Sale 6754 Sale 24,000 75,000 77,000 18,000 8,000 75 7554 Sale 7834 81 107k 1103i 1943 10354 104 54 1957 10754 Sale Memphis Comm'l Appeal— Debenture 454® 1052 51,000 1947 169,000 Mengel Co 454s 370,000 10354 Lowest Sale Prices Highest 13 60,000 New Amsterdam Gas 5s—1948 38,000 71,000 10054 101 6654 Sale 98 99 9954 Sale Sale 1,723,000 New Eng g a Elec Assn 5s 1947 5s 1948 463,000 9,000 87,000 32,000 Sale 17 71 7,000 30,000 1,000 19,000 Lowest Ask Sale Prices Sale Prices 10354 10354 10354 103 Aug. 5 10354 Aug. 13 10634 Sale 66 3i Sale 95,000 23,000 116,000 146,000 150,000 7,000 8,000 28,000 10,000 40,000 10254 10454 Aug. 31 Ask Bid 1 Superior Dist Power— AMansfleld Mining & Smelt— 7s ex-warrants 1941 1,000 1948 60,000 McCord Rad & Mfg 6s 697,000 712,000 323,000 778,000 981,000 Bid 103 — 453,000 Jacksonville Gas 5s stpd-.1942 9,000 12,000 48,000 31,000 7,000 24,000 Sale 50 15 iHamburgElec Co 7s 1935 14 30 5,000 ^Hamburg e & Und Ry 554s'38 104 75,000 Houst Gulf Gas 654s x w..1943 103 6s .1943 104 383,000 Sale 183,000 Houston Lt & Pr 354 s 1966 111 50 iHungarian-Ital Bk 7 mis..1963 6634 Sale 227",000 Hygrad8 Food 6s ser a 1949 6534 67 6s series b 1949 49,000 23,000 1,000 4,000 98 m 104 Ask 1954 Gary Electric & Gas— 425,000 5s ext stamped .....1944 649,000 Gatineau Power 3 5is a—1969 90,000 Gen Pub Serv Co 5s ..1953 1,252,000 Gen Pub Utilities 6 Ms a—1956 7,000 iGen Rayon Ltd 6s a..—1948 784,000 Gen Wat Wks & el 5s a..1943 404,000 Indianapolis p & l 354s. 19,000 36,000 23,000 118,000 90,000 Aug. 1 1940 $ ...... 120.000 RANGE SINCE JAN. PRICES IN AUGUST SALES In 10054 May 97 May 83 25 122 24 7154 23 7154 28 7154 22 9954 31 10054 28 110 Mar. 29 Mar. 29 Jan. Jan. Jan. Jan. Jan. Jan. Mar. 10354 July 6 9 9 9 9 8 8 1 10254 Mar. 6 10354 Jan. 9 97 Aug. 10554 Jan. 10 104 81 Jan. Jan. 109 Apr. 22 11454 Mar. 28 10654 May 1 52 94 104 35 101 Jan. 4 104 10454 May 111 54 June 102 May May 13 65 May 22 10354 May 22 106 June 4 4954 May 27 10654 Mar. 12 Aug. 14 Jan. 12 Jan. 10 Feb. 20 10754 May 23 11154 Jan. 103M May 24 10954 May 10354 May 28 10954 Mar. 10454 May 28 109 Apr. Feb. 10054 May 29 105 26 9 15. 10 13 new 53 york exchange curb aggregate August Jan. 1 * 15,000 2,000 169,000 7,000 148,000 1,000 26,000 67,000 6,000 13,000 30,000 2,000 88,000 61,000 60,000 26,000 CURB 321,000 53,000 2,773,000 54,000 2,059,000 113,000 Bfd (<Concluded) Pacific Gas & Elec 6s B— 1941 1942 Pacific Ltg & Pow 5s._ Pacific Power & Light 58.-1955 Park Lexington Bldg 3s—1964 Penn Cent Lt & Pow 43*8-1977 1979 5s 33",600 5l"666 15,000 "25,000 3,000 15,000 13,000 1954 5s series D. 50,000 Hydro-Electric 6 V*s series A 910,000 35,000 Pittsburgh Coal 6s. • 249,000 Pittsburgh Steel 6s 324 ,000 Potomac Edison 5s ser 4V*s series P 91 000 54, 000 182, 000 18,000 25,000 361,000 88,000 188,000 394, 000 134, 000 3,644, 000 1,005, 000 2,331, 000 1961 215,000 Queens Boro G & E 5V*s.-1952 Ms 27,000 2,000 iRuhr Housing 6Ms A iRuhr Gas Co 6 1953 -.1958 8,000 19,000 45.000 ■55,000 36,000 7,000 61,000 217.000 478,000 938,000 663,000 10,000 sb'ooo 1,000 7,000 132.000 93,000 152,000 230,000 172,000 205,000 43,000 54,000 21,000 109 Sale 107 107 M 97 99 V* 101 12** 30 Sale 110 Sale Sale Sale 96 M 979* Sale 98 M 99 M 100 112M 112 102 M 103 M 101 112 104 111 13 11 21 90 Sale 80 82 83 1089* 111 108M 111 109 46 50 66 M 13 68 92 M 105 m 106 106 Sale Aug. 1 98 Aug. 1 99 M Aug. 12 112J* Aug. 1 103 12 8 13 30 2 15 Aug. 12 Aug. 24 Aug. 1 Aug. 28 93 M 107 Sale 90 82 Aug. Aug. 1 2 94 Aug. 22 83 M Aug. 23 Aug. 9 Aug. 31 Aug. 30 Aug. 22 105 M Aug. 16 105 M Aug. 7 Aug. 31 105** Aug. 16 107 151 153 M Sale 150 M 154 106 M 107 M 106 M 106 M 106 98 99 V* Sale 99 M Sale 96 97 M Sale 96 M Sale 94 94 M 94 M Sale 87 89 M 85 M 33 20 14 35 Aug. 8 153 M Aug. 31 Aug. 19 106 9* Aug. 8 7 Aug. 15 999* Aug. Aug. 8 97 M Aug. 31 92 M Aug. 26 94 M Aug. 9 85 Aug. 23 20** Aug. 27 86 June 10 39 M Aug. 20 97M 43 M 96 M June 11 104 9* 101 June 6 107M May 21 106 May 1049* May 23 108 9* Feb. 104 M May 28 109M Apr. 101 M June 5 108 M July 106 May 24 108M Jan. 105 May 24 108M Feb. 24 103 99 ..... 2 June 13 48M Mar. 8 May 29 106 V* Apr. 11 May 18 103 M Aug. 12 June 17 14 Jan. 94 Mar. 75 90 Apr. 16 106) 107) June 3 12 1 June 17 109 M May 10 5 110 M Jan. 9 June 45 Aug. 14 53 M Apr. 29 61 June 14 Jan. 91V* Jan. 10 16 June 25 104) .105) 3 13 July 24 106 M July 10 July 25 107 Aug. 31 128 May 104M May 86 May 83 May 81 May 18 19.134M Aug. 18 9 16 78 M May 22 80 6 107 M Aug. 28 11 3 23 91 May 29 98 M May 6 95 June 3 100 M May 6 Feb. 1 110M Mar. 20 115 92 May 22 103 Aug. 28 2 88M Aug. 6 22 Jan. 11 Jan. 2 Apr. 6 Mar. 23 100 20 M Aug. 30 11 11 106M 1069* 106M 107** 1065* Aug 131 134M 133M 133M Aug 109M 110 106 M Aug. 27 110M Jan. Jan. Aug. 29 112 108 13 21 Sale 105 M 105 V* 17 35 23 Aug. 22 104 M Aug. 108 Aug. Aug. 108 M Aug. Aug. 108 Aug. Aug. 107M Aug. Aug. 107 M Aug. Aug. 13M 87 137 Aug. 271107 Aug. 2 Aug. 29,108 Aug. 29 Aug. 6 94 M Aug. 9 Aug. 23! 39M Aug. 10 Aug. 13 104 Aug. 31 Aug. 13|105 Aug. 13 108 M Aug. 13 109 6 109M M Sale 108M Aug. Aug. 14 47 45** 47M 45 67 ' Aug. 14 72 74 76 35 11 Highest Sale Prices 108M 112 Sale 133 Lowest Sale Prices 101M Sale 17 96 M Highest Sale Prices Aug. 21 26** Aug. 29 35 28 M 33 35 105 M 104 M 106M 1 103 M Aug. 12 103 103 M 101M Aug. 28 46 83 M 104 104 M 105 107 107 M 107 107 M 109M 106M HO 107 M 108M 107 M 108 106 ** 108 M 106M 107 106 M 106 % 107 108 Sale 108 112M Sale E..1956 108 ** Sale 607,000 Safe Harbor Water Pr 4 Ms 1979 35,000 San Joaquin L & P 6s B—1952 44,000 33,000 Sale 49M 51M 7s stamped .1947 88 Sale Can 4 V*s B.1959 14 30 a Prussian Electric 6s 1954 Public Service of Colorado— S f deb 48 1949 1st mtge 3 Ms 1964' Public Service Co of N J—• 151M 155 6% perpetual certificates 108M Pub Serv of Okla 4s 1966 107 98 M Sale Puget Sound P & L 5V*S--1949 98 Sale 5s series C 1. 1950 4V*s series D 1950 92 ** Sale 27,000 6,000 15.000 17,000 132.000 88,000 56,000 104 M 107 M 107** 107 M 107 M Sale 107 M 42, 000 Potrero Sugar 228, 000 Power Corp of 19,000 134,000 4,000 107M 106M 106 ** 106 M 108M 108 107 111. 93 94 M 94 3* Sale 39M 39** 40 39M 40 102 M Sale 104 103 M Sale 105 104 107 105M 108 1960 1949 104** 104M Sale 1948 100 6,000 iPomerania Elec Co 6s—1953 1,218,000 ♦Portland Gas & Coke 5s. 1940 5s stamped —1950 101,000 Sale Prices 93 M Co— 43 M Ask I Lowest Aug. 31 Ask Bid 108 112 939* Sale 43 M Sale 102** Sale 103 M 104 M 106 Bid 107 ** Sale 110 95 V* Sale 1,163,000 Peoples Gas Lt & Coke 4sB_'81 97 M 98 4s series D -.1961 1,478,000 113M 114V* Phila Elec Power 5V*s-*--1972 774,000 1962 94M 95M 424,000 Phila Rapid Transit 6s 11, 000 7,000 109 Aug. 1 Ask 860,000 Penn Electric 4s series F--1971 104M 5s series H 1962 107" 470,000 1950 109 241,000 Penn-Ohio Edison 6s 5V*s series B 1959 106 375,000 121,000 Penn Pub Serv 6s C *£47 107 Piedmont 33,000 Jan. 2 EXCHANGE 1940 BONDS $ 1 Price NEW YORK Since range since jan. PRICES IN AUGUST sales In June 28 28 21 21 158 Mar. 108 Jan. 24 97 Jan. 99 Jan. 6 100V* Jan. 100 15 8 Jan. .11 209* May July 14M Mar. 1 12 Jan, 11 5 2 17 105 M June 28 109 V* ^an. 3 127 June 11 136 Apr. 10 iSaxon Public Works— 153 000 629,000 2,097,000 1,156.000 518,000 10,000 iSchulte Real Estate 6s 1937 1951 Scripps (E W) Co 5Ms 1943 103) Scullin Steel Co 3s 1951 6s Shawinigan W & P 4Ms—-1967. 4Ms series D 19701 Sheridan Wyo Coal 6s Sou Carolina Power 5s 1947 21) 65 Sale 95 H Sale 91 99 M 112M Sou Calif Ed 35*s—May 1 1960 109 M 3'*s series B—July 1 1960 109 ** 3MB registered 1960 1957 2025 Southeast P & L 6s 9 28 28 Sale 26 M Aug. 101M 102M 101M Aug. 16103 66 M Aug. 20 69 Sale 71M Sale 72 M Aug. 15 83 82 M Sale 72 74 82 83 M 71M Aug. 16 83 72 M 73 M 26 M Sale 64 95 14 11 102 M ~27M Sale 90 94 92 102 9* 102 112M 112** 111M 108** 1069* Sale 106 9* 106** 108 V* Sale 106** 107 107 M 107 M Sale 95 M 92 94 102 M 103 Sale Sale 112 M 108 V* Sale Sale 102 Sale Aug Aug Aug 9 93 Aug. 31 Aug. 7 Aug. 1 Aug. 22 Aug. 22 Aug. 13 20 102M Aug. 23 113 Aug. Aug. 30 108 M Aug. Aug. 30 108 M Aug. 1 107 M Aug. Aug. 2 8 9 1 1 12 Mar. 23 Jan. 1 24 17 31 Mar. 12 May 9 30 Jan. 100M June 11 104 57 May 15 725* Mar. 98 V* Jan. 64 June 3 97 H Jan. 64 May 31 May 24 3 May 22 106V* May 15 106 V* May 15 1079* Aug. 1 87 96 V* June 102 14 19 22 95V* Jan. 3 103 May 9 113 July 30 1109* Jan. 5 110 H Jan. 6 107 J* Aug. 1 Southern Counties Gas 309,000 453,000 250,000 390,000 124,000 306,000 of California 4 Ms 2 105 ** 105 M 105 105M 105 M Aug. 20 105 M Aug. 43 7 46 Aug. 30 Aug. 43 M 44 M 45 M 47 105 M 52 1968 1951 Southern Indiana Ry 4s S'western Assoc Tel 5s A.-1961 109 104** 100 S'western Pub Serv 6s A. .1945 Sale Spalding (AG) & Bros r>s__1989 50 105 ** 107 46 52 Southwestern P & L 6s 2022t Sale 101 102 100 106 108 105 9* Aug. 47 49 Aug. 1 102 ** Aug. 29 104 37 104 90 6 105 47 M Aug. 29 47 M Aug. 24 40 68 M Aug. 14 68 M Aug. 14 729* 72 M 72M 72 M 72 M 72 23 M Aug. Aug. Aug. Aug. Aug. Aug. Aug. 49 45 27 Aug. 23 Aug. 26 ! 18 6 105 ** Aug. May May May May May May 105** Mar. 28 53 Mar. 12 17 105V* Jan. 6 108** Feb. 5 Apr. 6 21 60 14 24 22 21 22 106 V* Apr. Standard Gas & Electric— Sale 6s stamped ---1948 3.011,000 6s conv stamped 1948 2,365,000 6s 1951 3,666,000 6s gold debs 1957 3,480.000 6s 1966 3,153,000 1957 3,425.000 Stand Power & Lt 6s 1950 548,000 AStarrett Corp 5s Stinnes (Hugo) Indus— 7s 2d stamped 1940 164,000 7s 2d stamped1946 103,000 71V* 72 71V* 72 719* Sale 71M Sale 71** Sale Sale Sale Sale Sale Sale Sale 32 25 I 71M Sale 72 Sale 71** Sale 68 M Aug. 20 67 M Aug. 17 72 72 Sale 71 22 Sale 72 Sale 68 M Aug. 14 67 M Aug. 14 Sale 23 M Sale 22 36 M 36 Sale 42 45 38 42 45 Sale Aug. 1 1 36M Aug. 34 Aug. 19 38 28 30 28 28 29 28 14 Jan. 49V* Jan. 48 Jan. 48 Jan. 48 49 Jan. Jan. 19 74! 19 74) 19 19 19 19 74) 74) 74) 74) 24) 14** May 21 June 13 June 10 May Apr. Apr. Apr. Apr. Apr. 3 29 29 29 29 29 Feb. 5 46 V* Mar. 28 38 Aug. 26 .1 140.000 Terni Hydro-Electric Co— 6 Ms series A 1953 670,000 1960 1,370.000 Texas Elec Service 5s 111,000 1.000 64,000 67.000 1979 752,000 Tide Water Power 5s A Twin City Rap Tr 5Ms A-1952 1,451,000 38,000 642,000 Texas Power & Lt 5s gg 52,000 . 10,000 1,000 15,000 1,000 36.666 57,000 29,000 304,000 18,000 21,000 48,000 26,000 57,000 18.000 35,000 28,000 11,000 6,000 54,000 33.000 5,000 3.000 32.000 23,000 21,000 ....» _ _ Sale Sale 1956 2022 Sale 102 ** Sale 22 23 ** Sale 1059* 105M 106 M 106 M 107 106M 115 117M 116 969* 97 M 95 % 61M 62 M 60 M a 1st 6s United Lt & Pow 6 Ms Deb 6s 1949 1956 1941 117 M \t» 1945 16 1974 85 1975 83M 5 Ms .1959 United Lt & Rys(Del)5M8 1952 United Lt & Rys (Me) 6s A1952 Deb 6s series A 1973 Utah Power & Light 4**s-1944 68 series A 9 -1950 2022 Sale" 30 30 87 Sale 107 Sale 93 118 Sale Sale 99 80 M Sale 99 Sale 80 6M 115** 8M 20 M 16 88 V* 87 M 40 30 89 M Sale 107 M 109 90 M Sale 99** Sale 102M 103 108 M 109 1954 1951 10 M Sale 107M 109 Washington Water Power— 1st mtge 3 Ms 1964 16.000 Western Newspaper Union— 178.000 306,000 Conv deb 6s West Penn Elec 5s Wheeling Elec Co 5s 1941 Wisconsin P & L 4s A 1966 t a York 1937 1947 For footnotes' ee page 53. Aug. 13 Aug. 14 97 62 Aug. M Aug. 7 7M 6M Aug. 27 Aug. 15 116 116M 116 Sale 26 22 M 13 26 20 87 85 88 M 86 M 29 1 Aug. Aug. 12 32 2 2 20 102 M 103 4M 4 Aug. 8 Aug. 15 Aug. 23 Aug. 12 21V* June 12 46 101H May 23 106** 104V* May 14 108** 109 June 5 119 V* 88 V* May 24 1033* 56 May 22 69 Jan. 3 July Jan. Apr. Jan. Apr. 18 19 26 5 16 30 107 M 109 92 M Sale 85 M Aug, 85 Aug, 107 M Aug, 89 M Aug. 16 89 Aug. 12 15" 87M Aug. 10 16108 Aug. 8 Aug. Aug. Aug. Aug. Aug. 1159* 119 104 M Sale 105M Sale 97 Sale 97 98 53 106 113 103 106 Sale M 107 M 115M 106 M 107 M 96 M 98 98 Sale 30 8 13 30 22 102 M Aug. 12 103 M Aug. 21 5 100 M Aug. 24 100 M 99 M Aug. 3 103 M Aug. 17 103 M 103 M 102 M Aug. 103 100 iuuj* 49* 108 Sale 49* 51 4 109 ** 108 Sale Aug. Aug. 50 Aug. 107M 108 106M Aug. 113M 113M 113M Aug. 102 106 103 Aug. 106 M 107 106 M Aug. 96 M 97 M 12V* Mar. 11 118V* May 4 6V* July 114 June 24 June 45** Jan. 16 May Apr. 19V* Feb. 91 Apr. 89 V* Apr. 110 Apr. 95 May 21 June 6 4M Aug. 30 2108 M Aug. 2 108 M 109 V* 107 M 108 M 107M Aug. 26.108 V* Aug. 52 M Sale 2030 106M 107 1944 West Penn Traction 5s.--1960 Rys Co 5s ♦5s stamped 1 30 Aug. 13 Aug. 6 Aug. 16 106 M Aug. 6 106 V* Aug. 2 Aug. Aug. 27 115M Aug. 27 13 92M 2.117 M 119 116M Aug. 116M 118M lllH 81 88 83 85 Aug, 20 84 85 M 99 M Aug, 5 100 M 99 M 100 100 M 98 96 M Aug. 15 98 97 M Sale 96 M Sale Waldorf Astoria Corp— a5s income deb 777,000 Wash Ry & Elec 4s 67.000 6M 116 Sale 26 826,000 Virginia Pub Ser 5Ms A—1946 102** Sale 6s 1946 100 Sale 352.000 5s series B 1950 100** Sale 519,000 385.000 203,000 80,000 48,000 444,000 23 5* 29 M 105 9* Sale 106 107 118M 115M 94 Sale 61M 59 M ri «,»nam iHtfc J>Ulen & Company— \ 6s 4th stamped 539,000 124,000 United Elec of N J 4s 439,000 United Elec Service 7s 11,000 A United Indus 6 Ms 43,000 598,000 1,444,000 252,000 3,051,000 358.000 310,000 299,000 369,000 Sale 97 97 98 97 M Aug. 21 Aug. 8 20! 53 M Aug. 12 6 107V* Aug. 28 19 113M Aug. 2 171103 Aug. 17 21 107 Aug. 6 9 97 M Aug. 99 Aug. 2 2 16 74 V* May 73 May 104 V* July 78 110 May 119 June 28 26 26 8 8 Feb. 7 89 Apr. 27 100** Apr. 29 101** Jan. 15 72 V* May 95V* July 85 5 23 May 6 99 V* May 21 103 V* Apr. 94 May 31 101V* Mar. 19 95 May 21 103V* Mar. 29 4 10** Jan. 3 May 21 May 16 109V* Apr. 26 107 107 V* Aug. 26 109 V* July 43 June 104 V* May 7 16 60** Feb. 23 31 108 Feb. 29 May 13 107V* June 10 117 Jan. 23 103 May 27 105 9 102V* May 28 107** July 90 June 19 98 94 June 6 99 Apr. 23 May 8 NEW YORK CURB EXCHANGE Sept., 1940] 53 AGGREGATE PRICES IN AUGUST SALES NEW In Since August Jan. 1 RANGE SINCE JAN. 1 Price YORK Jan. 2 CURB EXCHANGE Aug. 1 1940 Ask Bid Aug. 31 Ask Bid Bid Ask Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Price$ FOREIGN GOVERNMENT AND MUNICIPAL 20 22 19 27 22 20 24 19 28 20 14,000 4Baden (Germany) 7s_.—1951 4Cauca valley (Dept of) Rep of 12 30 11 20 11 20 1948 4Cent Bk of German State & Prov Banks 6s B 1951 16,000 46s A1952 21,000 13 M 16 12M 12M 51H 42 M 35 35 70 50 5,000 57,o6b 5,000 8,000 9,000 1,000 2,000 6,000 29,000 3,000 1,000 "35",000 * 35 30 22,000 29,000 11,000 3,000 3,000 No par Agricul Mtge Bk Rep of Cot— 420-year 7s Apr 1946 420-year 7s Jan 15 1947 26 M 26 M 2,000 9,000 Colombia extl — 20,000 7,000 43,000 112,000 60,000 .- 4Maranhao (State) 7s 1958 4Medellin (Colombia) 7s__1951 Mortgage Bank of Bogota— 47s issue of May 1927 5,000 1947 47s issue of Oct 1927 1947 10,000 13,000 98,000 136,000 201,000 180,000 3,000 157,000 51,000 value 4Mtge Bank of Chile 6s—1931 Mtge Bank of Denmark 5s 1972 AParana (State of) .Brazil 7s '58 4Rio de Janeiro 6 Ms 1959 4Russian Govt 6 Ms ...1919 a6Ms registered 1919 45 Ms 1921 4Santiago (Chile) 7s 1949 • Sold under Deferred delivery sale, Sold for cash. a 7s 4Hanover (City) Ger 7s—1939 iHanover'(Prov) 6Ks 1949 4Lima (City), Peru, 6 Ms.-1958 a t r 60,000 Danish Cons Munic 5MS--1955 5s 1953 23,000 iDanzig P & Wat'way Bond4external s f 6 Ms 13,000 1952 88,000 iGerman Cons Munic 7s__1947 46s 1947 63,000 n r s the rule. Ex-dividend. Bonds being traded flat. t Reported in receivership. Abbreviations Used Above: "cod" certificates of deposit, "cons" consolidated. 5 12 H 12 8 11M 9M 9M 14M 26 M 26 M 20 11 8X 12 9X Aug. 17 11 15 12 20 23 40 20 30 18 45 20 3 6 15 Aug. 27 12M Aug. 16 29 M Aug. 21 Aug. Aug. 3 5 9X Aug. 6 23 15 Aug. 27 Aug. 9 Aug. 19 13 30 20 M July 22 Aug. 13 29 Feb, 15 20 28M Feb. 13 12 Jan. 7M June 14 25 3 11 15 12 15 12M Aug. 14 11 16 12 14 13 M Aug. 17 13 11 19 11 11 17 M 11 6X 10X 10X 7X 11H 14 11M 9X 10 X 20 35 18 28 26 20 28 18 35 10M 15 11 15 33 40 13 14 10 20 Sale 10 M 16M 28 3o , M 15 Abbreviations 13M "15" 6X 7H Me Sale 20 >4 11 Ys Used Above: ~ r "3 "conv" convertible, "m" mortgage, "n-v" non-voting. voting trust certificates, "w w" with warrants, "x-w" without warrants 6% Aug. 31 12 Aug. 27 10X Aug. 14 34H Aug. 21 13 Aug. 26 6M Aug. 6 Me Aug. 1 ; X Aug. 16 Jan. 29 Mar. 4 18 16 Aug. 21 Me Aug. 6 6 1 Me Aug. 7 6M Aug. 7 5 Jan. 8 49 Mar. 13 7 20 13 11 8 June 12 6 Jan. 30 18 June 26 17 M July 1 Jan. 7H June 13 H Aug. Apr. Apr. 24 10[X Aug. 14 35 16 12 5M May 31 20 52 15MMay 11 6M Aug. 6 12 Aug. 27 15 June 28 July 5 10M Apr. 8 13 X Mar. 25 15 Jan. 24 Jan. 27 26 Feb. 24 11 June 13 14X Mar. 13 16 Apr. 19 46 M Mar. 13 16 X Mar. 20 9M Jan. 13 5 June 11 X .Tan. 2 3A Feb. 16 X Jan. 6 14 X June - June 21 15 18 26% Apr. 3 26M Mar. 20 10M % H »A 17 X Mar. 11 July 1 Feb. 16 Feb. 1 Mar. 28 a Deferred delivery sales, in which no account is taken in computing range, are given below: No sales. "cum" cumulative, "w i" when issued 12 X 6M X Me Me 19 Sale 15 7 7 H May 7 M May 6 12M Aug. 14 14 Aug. 7 17K 6M n 14 25 Feb. 29 12X Aug. 16 18 May 9 20 May 21 20 im 53 9 10 M 7H 8 X Sale "vtc" 11 22 Sale 14M 42 M 13 M 10X 8X Aug. 3 Aug. 13 . n (Jnder the rule sales, in which no account la taken in computing range, are given below: No sales. r Cash sales, in which no account is taken la computing range, are given below: United Shoe Machinery, pref., Aug. 23 at 45. Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO Stock Sales Jan. 1 to Aug. 31 .— AQOREOATE SALES Since August Jan. 1 $ 1,142 ""'329 """300 750 650 800 400 800 111 """234 3,046 5,866 100 2,400 """350 50 350 250 700 1,100 2,079 3,300 750 665 3,636 250 100 T,206 1,350 2,832 835 50 167 ""980 632,000 1,118,000 RANGE SINCE JAN. PRICES IN AUGUST —Ask Bid Bid Ask Lowest Lowest Highest Sale Prices 1 128% 128% 1123"" l24"~ 121% 122% 120 %"Aug".'"23 121% Highest Sale Prices Sale Prices June 40 June ft 110 % May 22 131 Apr. 1& 70% Jan. 0 3 40 10,000 Chicago Ry 1st M 5s ctfs._1927 622,000 Commonwealth Krt 3%8..1958 S TUCKS Ask 'Sale Prices Aug. 31 Aug. 1 1940 Bid "Aug"." 28 6 Par 69 * 11,939 J Abbott Laboratories com 170 4% % cum conv pref .100 144 47 25 2,9431 Acme Steel Co common 9% 1,790 Adams (J D) Mfg common—* * 3% 4,159 Adams Oil & Gas Co com 3 5 14,570 Advanced Alum Castings 12 % 10,050 Aetna Ball Bearing common. .1 18 22,200 Allied Laboratories common..* 9% 1,450 Allied Products Corp Com.. 10 Class A. 25 19% 3,100 40% * 4,993 Allis-Chalmers Mfg Co 19 250 Altorfer Bros conv pref * 94 100 5,504 American Pub Serv pref 33,461 Amer Tel & Tel Co capital__100 171X 5 5% 109,121 Armour &. Co common 15% 18,350 Aro Equipment Co com—...1 % 48,550 Asbestos Mfg Co common—1 * 35 3,050 Associates Invest Co com 5 5,900 Athey Truss Wheel capital..4 344 Auburn Auto Co common 2% 5 880 Automatic Products com 2,610 Automatic Washer common..3 3,308 2,700 $132,000 Price BONDS Shares Shares 1939 $4,000 Jan. 2 - , 4~66o 31 Jan. 1 to Aug. CHICAGO STOCK EXCHANGE In 1940 Bond Sales August 614,000 4,938,000 303,000 4,472,000 Shares_ August STOCK EXCHANGE 1939 1940 * 48,010 Aviation Corp (Del) 67,220 Aviation & Transport cap—. 3 1 Barlow & Seelig Mfg A com..5 Bastian-Blessing Co common Belden Mfg Co common 10 Belmont Radio Corp * Bendix Aviation Corp com 5 Berghoff Brewing Corp 1 Binks Mfg Co capital 1 15,726 Bliss & Laughlin Inc com 5 47,116 Borg-Warner Corp common. .5 2,890 Brach & Sons (E J) capital-. 2,500 Brown Fence & Wire cl A pfd. * 5,100 Common 1 12,500 Bruce Co (E L) common 5 590 Bunte Bros common 10 11,1501 Burd Piston Ring common 1 39,627 Butler Bros common 10 34,081 5% cum conv pref 30 Campbell Wyant & Cannon Foundry capital.. ' * 5,621 2,527 Castle & Co (A M) common.10 2,030 Cent C^ld Storage Co com. .20 * 15,840 Central 1U Pub Serv pref 15 9% 17% 9% 5 31% 10 58 55% Aug. 26 58% Aug. 46 48 46 1 3% 2% 9% \VA 10% 20% Sale 12 Sale Sale Sale 38% 5% 2% o Sale 3% 6% 17% 9% 18% 10% 5% Sale 10% 23 Sale 25% Sale 21% Sale 17% 18% 4% 11% 13 2% Sale 7% Sale 20% 21 20 15% 21% 11% 14 Sale 8% 10 4 4% 3% 162% 4% 13 11% 90 Sale Sale 4% % % 4% 2% 34% 4% 1% % 5 2% * 3% 15 16% 10 10 30% 8% 4% Sale 9% Sale 5 16% 16% Sale Sale 16 16% 9% 11 2 2% 6% 5% 12% 18% 2% 2% 4% Sale 92 Sale Sale Sale 4% 31 8% 4% 17% 17 15 9 4 5% 15% 9% 16% Sale 5 Sale Sale 5% Sale 17% 22 11% 2% 7% 12% 2% 4% 2% 8% 18% 3% Sale Sale 19 20 19 12% 13 13% 14% 16 17 16 17 80% Sale 78% 1 47 Aug. Aug. Aug. Aug. Aug. Aug. 30% Aug. 13 4 Aug. 13 3% 2% 9% 10% 10% 18% 13 16 9 13 1 21 3 10% 11% 12 19% 33% Aug. Aug. Aug. Aug. Aug. Aug. Aug. 6 31 29 2 30 24 31 91 7 Aug. 28 Aug. 158 Aug. 17 162% Aug. 4 4% Aug. Aug. 16 11% Aug. 11% Aug. 26 1 1 1% Aug. Aug. 88 Jan. Sale 4 Aug. 13 4% Aug. 7 Aug. 16 6 2%"~Aug. 15% Aug. 9 Aug. 15% Aug. 9 Aug. 4 Aug. 28 Aug. 8% Aug. 4% Aug. 15% Aug. 15% Aug. 16 Aug. 9% Aug. 19 22 27 2 10 14 31 14 16 16 16 23 4% Aug. 10 3 2% Aug. 15% Aug. 19 9% Aug. 26 16 Aug. 13 10 Aug. 19 4% Aug. 30 31 Aug. 31 9% Aug. 5 5% Aug. 7 17% Aug. 31 17% Aug. 22 17 Aug. 19 10 Aug, 28 51% Apr. 11 Apr. 4% July 8 15 16 4 Jan. 15 14 Feb. 21 6 20H Feb. Aug. 30 21 Apr. 15 3 41% Jan. 8 20% Jan. Jan. 100 11 175% Mar. 12 7% Apr. 24 17 May 9 1% Apr. 17 45% Mar. 11 June 3% May Jan. 31 % May 2% Jan. 4 Feb. Feb. 8 Apr. 8% Apr. 4% Apr. 1 15 16 1 4 Jan. 145 34% May 7 % May 2% May 2% May 8 May 10% Aug. 8% May 11% May 22% May 18% May 73 May 146 May 4 May 10% June % Jan. 30 36 % 1% %• % 4% Sale 2% Sale 4% 15% 9% 15% 4 Sale 12 1% 33 5% 15% 8% 12 13 20% 4% 13% 8% 9 11 18% 33% 11 12 Sale 1 4% 12 88% 161% 4% Aug. 10 Sale 3 10 11 31 4 10 12 10% 18% Sale 32% Sale 19% St* "88"" 96 Sale 50% May 144 8% Sale 14% 56% Sale a9,H Sale 4 4% 10% Sale 46 x8 % Apr. 4 Aug. 2% May 4% May 20 15% May 22 8% May 29 12% 7% 3% 24% 8% 3% 13 % 13% 14% 9 May May May May June May May May June 24 21 22 28 15 16 22 23 7 June 14 7% 18% 11% 18% 12 5% 36% 11 % 5% Feb. 15 2 Apr. Apr. 26 Jan. 3 May Apr. Apr. Mar. Aug. Jan. 23% 25% Jan. 22% Apr. Feb. 5% Feb. 11% Feb. 19 Apr. 4% Mar. 7% Jan. 23% Apr. 20 2% Aug. 1 4% Aug. 19 18% Aug. 21 19 Aug. 22 4% Aug. 1 Aug. 15 2% May 15 5% June 1 11 June 24 2% July 16 4% May 21 17% June 10 11% Aug. 17 16 Aug. 13 12% Aug. 28 17 Aug. 1 10% May 21 14% May 22 20 80% Aug. 8% Feb. 14 71 May 24 11% Jan. 11 88% May 9 6% Aug. 6 77% Aug. 30 8% Aug. 10 3 9 19% Apr. 20 Jan. 10 Centra 200 1,150 1,350 220 140 1,160 ""250 9,750 450 250 554 10,100 8,900 112,650 3,720 6,040 7,990 2,345 4,350 137,200 12,430 6,250 6,163 360 340 60 300 2,348 3.600 500 80 19,300 2,600 150 3,298 . 980 •5,747 22,483 13,800 1,270 398,875 18,300 5,650 36,964 2,450 50 490 40 """io 1,074 70 650 100 150 165 * * Central States Pr & Lt pref..* Chain Belt Co common * Cherry Burrell Corp com 5 Chicago Corp common 1 Convertible preferred * Chicago Flexible Shaft com. .5 Chicago & N W Ry com 100 Chicago Ry pt ctfs "I" 100 Chicago Towel Co conv pref. * Common capital * Chicago Yellow Cab capital--* Chrysler Corp common 5 . Coleman 10 * Lamp & Stove corn..* Com'wealth Edison com 25 Compressed Indus Gases cap .5 Consolidated Biscuit Consolidated Oil com Corp 1 * Consumers Co— V t pref part shares 50 Com part shs v t c A 56 c Common part shs vtcB * 1,230 Container Corp of Am com..20 8,273 Continental Steel 1,864 470 common Preferred. * 100 Crane Co common 25 10,891 2,100 Cudahy Pack Co 7% cum pf 100 8,700 Cunningham Drug Stores..2% 510 Curtis Lighting Inc common2% 4,300 Dayton Rubber Mfg common.l Cum class A pref 35 772 1,860 10 Prior lien preferred Preferred 25,720 Cities Service Co common Club Alum Utensil Co com 110 525 111 Secur Corp— Common. 1 Convertible preferred * Cent & S W Util com (new) 50c 49 2 % 7% 3% 58% Sale 1 5% 1,260 Backstay Welt Co common.. 400 Barber Co (VV H) common 4,525 8,300 6,450 9,950 47,850 31,510 4,200 Sale Decker (Alf) & Cohn— Common 10 % 6% For footnotes see page 56. Pn common. 5 Sale 113% Sale Sale 3% S* A* 4% % 108 70 8% 90% x8 s* 2 18% 23% 1% 44% Sale Sale 29 Sale Sale Sale Sale 2% 110 71% Sale Sale Sale 4% 2 1% Sale 30 19% 11% 67 63% % % % 2% 100% 115 64 8% 74% 5% 2% 33 30% 13% 2 6% 2% % % 14% 22% 67 8% Sale 6 3 37% Sale 14% 2% Sale 2% 1% ,% Sale 24 Sale 18% 3% 19% 73 3 30% 13% 2 6% 2% 14% 22 15% 19% 58 60 62 15% 1% 16% 13% 1% 10 11% 2 15 4 Sale 2% — 5 Aug. 2% Aug. Aug. 29% Aug. 12% Aug. 2% Aug. 6 Aug. 33 2 6% Aug. 12 2% Aug. 29 Aug. 13 31 Aug. 1 14 Aug. 6 2% Aug. 9 6% Aug. "» 34 2% Aug. 12 1 Aug. 16 5 % Aug. 1 14% Aug. .^10 105 Aug 19% 15% Aug. 7 62 Aug. 2 15% 14% Aug. 9 1 % Aug. 29 1% 11 10 Aug. 22 105 64% 16% 13 22 13 16 20 22 7 2% Aug. 12 1 Aug. 16 % Aug. 5 12% Aug. 17 23 Sale 10% 60 Aug. Aug. Aug. Aug. Aug. Aug. 10 31 13 3 29 12 32 32 1% Sale 3% 37% Sale Sale 2% Sale 1% 15% 31 2% 6% 33 102 101 23% "24" 18% > 10% % 107 61 40% 7% c Sale Sale 35 23% 32% Sale 12% 14% 3% 2% 7% Sale 3% % 107 18 4% Sale 3 5% Sale Sale 72 Preferred 100 60 190 Deep Rock Oil Corp conv pref. * 5.424 Deere 7 % Aug. 22 % Aug. 22 5% Aug. 6 5% Aug. 10 5% %8 Aug. 19 % Aug. 5 %6 Aug. 1 105 110 Aug. 14 107 105 39 40% Aug. 10 40 Aug. 27 "8"" 8% Aug. 9 7% Aug. 1 8% 19% 18% 11 Aug. 7 10 11 10% Aug. 7 1 Aug. 10 Sale % Aug. 1 29 Aug. 1 27 Aug. 17 28% 27% 67 Aug. 10 65 65 69 Aug. 13 % Aug. 12 % Aug. 12 % % % 2% 100% 115 70 Aug. 30 67 68 70 Aug. 8 9% Aug. 31 8% Aug. 7 9% Sale 75% Aug. 30 69% Aug. 17 75% Sale % 5% % 1% 18 May Jan. Feb. 38% June Jan. % Mar. 92 Sale 16% Sale 16% 8% Aug. Apr. 4% May 15% May June 21 13 % May 25% June 37 Feb. June 84 Apr. % Jan. 9 55 64 % Jan. 116 Feb 2 % May May 25% May 10 May 1 May 5% May 30 2 91 2 23 22 21 22 15 22 9 12 2 9 4 8 15 Apr. 26 Jan. 3 6% May 2 3% Mar. 12 38 Apr. 15 33 Apr. 8 16% Mar. 7 3% Jan. 26 8 Jan. 3 May 4% Feb. 8 % May 1% Jan. 13 6 19% Apr. 24 Apr. 9 110% Mar. 20 4 24% Jan. 72 May 9 % June % May May 18% May 99% July 13% June 51 May 12 May 1% Mar. 9 May 29% Jan. 10 33 Feb. 2 Jan. 2 19% Jan. 31% Jan. 23 19 30 23 Aug. 10 23 Aug). 10 1 % May 21 23 Aug. 10 Sale 15 Aug. 19 16% Aug. 31 13% May 22 2 2 13 11 75% May 10 11% Mar. 25 June 7% May 53% May 4 Jan. 3 17 1% May 21 %„ June % Jan. 93 May 7% May 23% % Jan. Apr. % Jan. 4% July 9 12 26 2% Mar. 8 30 Feb. 8 11% Apr. 23 23% Jan. 4 CHICAGO STOCK EXCHANGE TE PRICES IN AUGUST CHICAGO STOCK EXCHANGE „ Price Jan. 2 'inc STOCKS in. 1940 Par iau De Mets Inc preferred--—-* Dexter Co (The) common 5 Diamond T Motor Car com--2 5 3, 7, 40 17s: 2, 1, 31, 8, Dixie-Vortex Co common----* Qlagg ^ Dodge Mfg Corp "common- - - * Eddy Paper Co. (The)-; * El Household Util Corp -5 Elgin Nat Watch Co—-—15 tEversharp Inc common 1 Pair (The) preferred .--100 Fairbanks Morse common---* Pitz Simons & Connell Dredge & Dock Co common * Pour-Wheel Drive Auto 10 Pox (Peter) Brewing com 5 Puller Mfg Co common 1 Gardner Denver Co com(new) * $3 cum conv pref (new)—20 3, General Amer Transp com—5 General Candy class A 5 11! General Finance Corp com—1 General Foods common-——-* si: 5, 5, 7, 11, 10, 34, 9, 1, 1, 19, _5, 2, 1 1, 23, 4 3, 10, 11, 8, 3, 4 9 General Motors Corp com—10 General Outdoor Aav com---* Gillette Safety Razor com---* Godchaux Sugars Inc class A.* Goldblatt Bros Inc common—* Goodyear Tire & Rub com—* Gossard Co (H W) common..* Great Lakes Dr & Dk com— * Hall Printing Co common—10 Hamilton Mfg cl A part pref-10 Harnischfeger Corp common-10 Heileman Brewing Co G cap.. 1 Hein Werner Motor Parts---3 Heller preferred (w w) -25 uibb Spencer Bartlett com. -25 Borders Inc common —* Hormel & Co (Geo A) com—* Houdaille-Hershey— Class B_. * Hubbeli, Harvey, Inc com---5 Hupp Motor Car common 1 Illinois Brick Co capital 10 Illinois Central RR com—-100 Indep Pneum Tool s t c new--* Indiana Steel Prod com——-1 Inland Steel Co capital ..* Internat Harvester common--* Interstate Power $7 pref--—-* -* $6 preferred 2, 25 6 1 15, 14, Iron Fireman Mfg Co v t c—* (W B) Co new capital. _1 Jefferson Electric Co com—_* Jar vis Joslyn Mfg & Supply Co com-5 Katz Drug Co common 1 Kellogg Switchboard com * Preferred 100 Kentucky Util jr cum pref. .50 6% preferred 100 Ken-Rad Tube & Lp com A—* Kerlyu Oil Co common A—-5 4 2, 5, 9 9, Kingsbury Brewing Co cap—1 5 La Salle Ext Univ common—5 8, Leath & Co common.... Cumulative 8 * 9 4 11K Sale 339* 349* 13 Sale 15 3 9* 24 159* Sale Sale "39 H Sale 109* 4 49* 49* Sale 169* 16 69 63 569* Sale 109* 119* 29* 25* 479* Sale 549* Sale 39* 49* 69* Sale 109* 11 23 9* Sale 129* Sale 27 Sale 189* Sale 79* 79* 59* 69* 89* Sale 89* 1 69 27 2 37 62 5 53 3 2 2 10 2 • 3 1 23 1 9 National StandardsCommon stock. 35 4 25 2 1 3 1 2 Oklahoma Gas & El 7% pf-. 100 Omnibus Corp common---. --6 100 Preferred class A Ontario Mfg Co common.. Oshkosh B'Gosh Inc— * Convertible preferred- * - -. :io 1 Parker Pen Co (The) com.. 1 Peabody Coal Co B com... -.5 100 6% preferred 1 Penn Elec Switch conv A.. -10 1 Penn Gas & Elec A com 2 * Pennsylvania RR capital— 150 Peoples Gas Lt & Coke cap. 100 * Perfect Circle (The) Co i page 56. 479* 41 42 Sale 49* Sale 39* Sale 8 9 89* 15 Sale 15 K 95* 18 K Sale 99* 10 Sale 179* 18 139* 59* 14 13 9* 79* 69* 99* 85* 129* 55* 59* 8K 8 Sale J* 88 3 25* 82 % Sale 41K Sale 49* 39* 29* 3 Sale 89* 989* 439* 89* '449* 102 99 5 Sale 2 169* 179* 169* Sale 199* Sale 499* 459* 6 5* 29* 25 Sale 14 279* "149* 109* 169* 42 119* 199* a47,^ 49* Sale 7 69* 1009* 41 "45~" 100 1019* Sale 29 39* K 19* 15* 39* 4 Sale 5* 19* 29* 39* 289* 79* 79* 19* 245 2§M 25 4 69* 69* 19* 159* 18 6 95* 119* 159* 19* 10 129* 169* 15* 99* 99* 139* IK 26 389* 30 149* 39* 28 9* Sale 39* 30 Sale "29* Sale a > 49* 49* 4 ~ 4 109* 189* ■4I* 109* 219* 29* 42 1609* 559* Sale 75 22 3 K 26 4 ?B 49* 49* 9* 219* 119* 69* 12 99* 149* 29* 229* 13 13 69* 55* 8K 85* 329* 32 Aug. 28 32 11 Aug. 13 119* Sale 9* Sale 29* 3 79* Sale 259* 27 2 29* 81 84 459* Sale 6 29 13 14 Aug. Aug. Aug. Aug. Aug. 13 22 13 21 2 16 18 125* 199* 42 479* 49* 65* Sale 1009* ii* "459* 98 101 39* 29* 35* 25* 5* 1* ■2?* 29* Aug. 7 Aug. Aug. * 2K Aug. 79 K Aug. 41K Aug. 25 13 22 8 20 27 30 19 15 \¥4 sH 79* 275* 25* 84 K 455* Aug. 28 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 30 1 8 22 5 8 30 10 31 44 49* 6K 1009* 439* 100 39* 25* 9* 3 6K 99* 99* 44 24 18 6 15K Aug. 30 125* Aug. 30 3:5* 8 69* 69* Sale IK IK 16 14 Aug. 12 10 5* Aug. 20 28 9* 65* 65* IK 15K 65* Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 30 7 7 12 27 6 27 15 16 15 14 13 29 Aug. 49* Aug. 7 Aug. 1005* Aug. 45K Aug. 100 Aug. 39* Aug. 29* Aug. Aug. Aug. 3 Aug. 25 Aug. 7 Aug. 6K Aug. IK Aug. 16K Aug. i* 30 28 2 12 9 6 27 1 16 15 14 2 28 27 3 8 22 Aug. 6 99* Aug. 17 14K Aug. 12 2 8 Aug. 9 21K Aug. 10 Aug. 22 149* Aug. 12 2K Aug. 27 215* Aug. 9 16 15 16 12 109* 13 14 M 29* 23 21 45* 5 6 29 K 129* Sale 3 9* 35* 28 Sale 26 K Sale % £ug< 7As Aug. 1 Sale 129* 6 15 Aug. 29 3 159* 129* 49* 28 Sale 6 Sale 3 4 5 5 4 65* 7K 23 K Sale 1 1$ 55* Aug. 16j 13 35* Aug. 23 269* Aug. 13 4 1 Aug. 5 9* Aug. 16 4 4 Aug. 22 105* Aug. K« K 6K Sale Aug. 13 1 Aug. 1 Aug. 5* Aug. 5K Aug. 2 Aug. 30 4 Aug. 2 27 Aug. 20 4K Aug. 9 6K Aug. 3 69* Aug," 31 4K Aug. 30 4K Aug. 1 Aug. 1 6K Aug. 28 23 K 19K Aug. 1 Aug. Aug. 31 Aug. 9 37 37 Sale 42 Sale 22 25 11 23 9 Sale 9 41K 129* Aug. 59* Aug. 5 Aug. 8K.Aug. 7 9* Aug. 30 23 49* Sale 9* 5* 5* Sale 59* 69* 79* 89* 199* 23 K 19* 30 8 Aug. 6 15 K Aug. 31 10 Aug. 21 18 K Aug. 1 39 37 5* 49* Sale 4 Aug. 6 149* Aug. 17 95* Aug. 22 179* Aug. 26 36""Aug." 23 35 59* 299* Sale 55* K« 28 8 Aug. "l Aug. 29 Aug. 12 Aug. . 6 Aug. 2 28 17179* ----- 31 2 415* 489* 45* 45* 409* If 139* Sale I* 20 16 1 6 475* Aug. 12 379* 17 49* 129* Aug. Aug. Aug. Aug. 1 45* Aug. 169* Aug. 85* 8 15 12 H Aug." 2 Aug. 13 6K Aug. 30 85* 79* 12 5* 239* 29* 869* 619* 39* 459* Aug. 21 7 16 K Aug. 14 79* 59* Sale 1 13 22 13 14 19 5 12 II* 4H Aug. Aug. 15K Aug. 45* Aug. 16 Aug. 39K 44 9* 49* 35* 48 % 139* 1655* Aug. 19 165 K Aug. 19 39 1 Aug. 16 429* Aug. 77 109* 37 9* 14 9* 239* 119* Sale 909* 49* 159* 94% 59* % 15* * 10 Noblitt-Sparks Ind Inc cap. .5 North American Car com—.20 Northern Paper Mills com---* Northern 111 Finance com * Northwest Bancorp com.—--* Northwest Eng Co capital * Nor West Util pr lien pref—100 7% preferred-— 100 Nunn-Bush Shoe common..2K 49* 35 Trust— Common 15 10 8 37 Nat Republic Invest Cumul conv pref 18 409* Sale 45 5* Sale 39* 49* 49* 49* 33 5 Nat'l Pressure Cooker Co 49* 9 369* 4 17 29* McQuay-N orris Mfg com * Mc Williams Dredging Co com * Mapes Consol Mfg capital—-* Marshall Field & Co com * Masonite Corp common * Mer & Mfrs Sec cl A com—-1 $2 cumul part pref * Mickelberry's Food Prod com-1 Middle West Corp capital—5 Midland United Co common--* Convertible preferred A * Midland Util 6% pr lien—-100 7% prior lien 100 7% preferred A —-100 6% preferred A 100 Miller & Hart Inc conv pref..* Minneapolis Brew Co com—1 Modine Mfg common --* Monroe Chemical Co com.-—* Preferred ——* 2 15 2 5 Preferred series A 345* Aug. 13 16 7 4 8 4 * 100 2 335* Aug. 14 10 21 Springfilled com—* * 39 59* 7 69* Sale 48 8 National Battery Go pref Nat'l Bond & Invest com 19* Sale 99* 28 Nachman 125* Aug. 21 17 Aug. 19 3K Aug. 1 269* Aug. 26 2 Aug. 3 17 79* 1 26 5* 60 259* 2 119* Aug. 14 Aug. 13 3K Aug. 1 25 K Aug. 19 2 Aug. 3 16 * Montgomery Ward & Co cl A_ * Common * Mountain States Power pref 100 Muskegon Mot Spec class A—* 39* 275* 29* 11 McCord Rad & Mfg "A** 3 32 2 2 339* 129* 169* 54 46 46 2 49* Aug. 6 65* Aug. 30 10 5* Aug. 8 34 Aug. 29 31 2, 4 12 39* 49* 159* 16 45* Sale 17 169* 54 60 Aug. Aug. 7 3 30 Sale 1 6K 6 4 6 37 40 Highest Sale Prices 10 9* Aug. 15 33 Aug. 9 109* 349* 139* 189* 28 ""79* 1. 35 49* 10 389* 139* 6 2 12 16 Lowest Sale Prices 16 359* 6 9 Sale 189* 39* Sale 259* 27w IK 29* 129* Ask Sale 139* 139* 399* Libby, McNeill & Libby com-7 Lincoln Printing Co com—.-* $3.50 preferred --* Lindsay Light & Chem com-10 Preferred--. -—10 Lion Oil Ref Co capital * Liquid Carbonic common—-* Loudon Packing common * Lynch Corp common 5 2 37 34 33 28 10 Le Roi Co common "109* "II"' 119* 139* Sale Aug. 31 Ask Bid 9 17 4 49* 69* Bid 13 6 9 9 4K * preferred Aug. 1 *sk Bid 27 Sale 319* Sale 4 39* 7 ^ 105* 109* 37 13 399* 16 39* 19* 279* 26 49* 4 - — 289* 289* 5 16 9 Sale 11 99* 8K 109* Sale 179* 109* 28 25 Sale 27 28 26 45* 89* 9K 8K 14K 5 13 H) 47 55 9K 17 15 55 209* 13 5* 109* 99* 15 12 14 109* 10K 10K "125* 145* 105* 129* 149* 118 59* 24 119* 8 11 9 12 6 23 Aug. 31 35* Aug. 27 5 4K Aug. 31 IK 47 12 Aug. 27 35* Aug. 45* Sale 70 189* Aug. 35 15K 12K Sale 17 60 22 10 389* 113K 10K Aug. Aug. 4K Aug. 9 Aug. 99* Aug. 89* Aug. 14K Aug. 48 Aug. 11K Aug. 9K Aug. 23 16 13 1 6 20 26 19 9 15 295* Aug. 26 9* Aug. 45* Aug. 9 Aug. 10 Aug. 9 Aug. 155* Aug. Aug. Aug. 99* Aug. 51 15 7 2 2 1 8 28 23 23 22 6 Aug. 13 115K Aug. 22 10K Aug. 28 95* Aug. 20 115 --- 11 10K 8 8 31 12 139* 9* 41* 15"" 159* 19* 235* Sale 369* 38 27 289* 25* 43* 13 209* 34 % 24 139* sill* Sale 25 9K K 25 13K K 339* 24 9K Aug. 15 11 9K Aug. 15 K , 43 14 „ IK Sale 26 K 13 K Aug. 23 1 Aug. 22 19 K Aug. 13 32 9* Aug. 20 235* Aug. 9 13 K Aug. 23 1 Aug. 22 20 9* Aug. 30 34 9* Aug. 1 24 2 Aug. 56 CHICAGO AQQREQATE SALES PRICES IN AUGUST CHICAGO STOCK EXCHANGE In Since August Jan. 1 Shares Shares 50 3,665 350 1,370 140 50 220 550 600 3,507 50 310 '""120 1,750 STOCKS 3.000 11,900 1,493 2,150 31,480 1,000 10,248 3,550 2,300 2,570 4,150 1,310 11,050 8,800 7,800 26,013 6,200 2,550 1,300 1,230 29,400 1940 Par 20 60 2,500 "2,953 20 Potter Co (The) common 1 Pressed Steel Car common—1 Process Corp (The) commonQuaker Oats Co common Preferred Rath Packing common 600 1,739 100 4,800 4,341 1,831 980 600 350 1,163 594 "235 6,449 412 600 150 1,500 110 10 * * 119 145 10 50c 5 45 _ 2,036 10 318 403 50 20 450 Rollins Hosiery Mills— Common Sangamo Elec Co com 4 (new)_# * _ 609 Standard Gas & Elec com Stand Oil of Ind capital 200 363 50 3,670 * * 25 Stein & Co (A) common- * Sterling Brewers Inc common. 1 Stew art-Warner Corp com._.5 J* 27 1054 41 13. Sale Sale 42 Sale 2 X Sale 13 234 * 11,850 tWahl Co common * 28,559 Walgreen Co common 997 Wayne Pump Co capital 1 6,522 Western Union Teleg com..100 3,061 West'house El & Mfg com 50 * 2,500 Wieboldt Stores Inc com Cum prior preferred... 600 * * 2,200 Williams Oil-O-Matic com 4 87 X 1634 83 66 X 117 IX X IX 19 40 IX 20 X 21% 26 X Sale 7 15X 14 7 Sale Sale 25 8 8034 IX 2534 10% 1234 2934 1 Sale IX 27 13 13 2934 IX 10034 734 Sale 32 34 30 32 70 76% 72 Sale 11X IX 12 11 24% Sale 13 10% 2 1% 6% 7% 5 134 1% 12, 154 2534 Sale 1034 13 IX 654 654 6 6 7 28% Sale 28% Sale 19 Sale 19 17 X Sale 17 37 X Sale Sale Sale 1834 3534 Sale 434 Sale 1154 1234 434 Sale A* Sale Sale 7134 Sale 17 X Sale 7354 17 Sale 64% Sale 74 76 86 Sale Sale Sale X IX Sale Sale IX Sale 22 Sale 116 11734 6X Sale 54 12 Sale 11734 Sale 1 IX 34 % 1% 22 24% 39 7454 Sale 2054 21 18 54 18 19 1854 Sale Sale 98 100 -434 6 95 % 1% 454 7834 2% 1134 4% 5 Sale 254 Sale 2 8 Aug. 13 Aug. 2 Aug. 26 Aug. 1 Aug. 26 Aug. 8 854 Aug. 354 Aug. 9 2454 Aug. 22 7 Aug. 14 7454 Aug. 14 154 Aug. 2 24 Aug. 2 2 1254 Aug. 13 Aug. 16 26 6 2954 7034 1134 154 Aug. 20 Aug. 28 Aug. 16 Aug. 9 Aug. 5 5 1 1854 Sale 100 102 454 91 554 95 54 154 3 13 33 Feb. 19 1834 3754 4 54 1254 6754 Aug. 19 1454 Aug. 15 7354 Aug. 28 1754 Aug. 1 Aug. 12 Aug. 14 Aug. 8 Aug. 6 Aug. 2854 Aug. 19 1 Aug. Aug. Aug. Aug. Aug. 21 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 28 31 7 9 2 2 28 26 Aug. Aug. Aug. Aug. Aug. 91 Aug. 154 Aug. 30 1 31 3 15 21 3 2054 1854 1854 10154 554 5% 12U 1454 154 123 54 15554 5554 IX 54 June 26 54 June 10 12 Aug. 13 10154 Apr. 10 10154 8 Feb. 14 4 Jan. 4 Feb. 16 2 Jan Aug. 26 Feb. 7 Aug. 26 Jan. 17 Feb. 20 May 1 30 19 Jan. Apr. June 5 Aug. 31 3054 Apr. 26 fsH sf* Feb. 9 Apr. 6 Mar. 7 Apr. 4 July 1754 May 10 June 15 Jan. 30 Apr. 18 15 154 Mar. 18 Jan. 111 Feb. 15 May May 101 Apr. 11 Jan. 3 4 2854 July 65 Feb. Jan. May May May Aug. May May 754 Aug. 31 2554 1134 154 754 28 18 June Aug. 30 2954 Aug. 28 Aug. 13 154 Aug. 6 15 11 28 4 June 13' 2954 Aug. 27 Aug. 10 May May May June May May Sale Prices 95 8054 Aug. 31 154 Aug. 2 27 Aug. 30 72 12 Highest Prices 141 Aug. 31 2354 Aug. 24 1154 Aug. 14 1 Aug. 9 6 Aug. 17 6 9 Aug. 2554 Aug. 19 1854 Aug. 19 17 Aug. 16 3454 Aug. 17 454 Aug. 1 12 Aug. • 8 1954 Aug. 1854 Aug. 17 Aug. 9554 Aug. 534 Aug. 9054 Aug. 54 Aug. 354 54 554 94 654 54 24 X Aug. 22 8 Aug. 2 6454 Aug. 6954 5454 Sale 4954 Aug. 16 5454 118 Sale 11554 Aug. 19 11854 1 1 6 Aug. 154 , 154 2 34 54 54 Aug. 6 134 154 154 Aug. 154 22 22 Aug. 13 2354 3854 3954 Aug. 26 3954 20 90 90 IX 25 100 154 1X 26 X 14 X 5 7 2X "12X 15X 154 29 12 83 Sale 10 Sale 654 Aug. 21 % % 9X 2334 854 11 7534 12 8 4 25 22 IX Lowest Sale 101% 29 107 X 95 39 X X X 1 11 17 Sale Sale * 8 28 32 Preferred 354 23 7554 154 Swift Internacional capital. .15 25 2 25 X X 8 8554 Sale IX 23 - 10 Sale 15,469 Union Carbide & Carbon cap.* 21,465 United Air L Transp capital-.5 200 United Gas Corp common 1 20 4,765 U S Gypsum Co common 59,352 United States Steel common._* 7% cumul preferred 6,385 100 1 15,540 Utah Radio Products com 6,350 Utility & Ind Corp common. .5 Convertible preferred 7 12,150 970 Viking Pump Co common * in 2534 38 ,40 Aug. 21 Aug. 15 1054 Aug. 1 154 Aug. 30 103 153 Aug. 22 15554 3834 Aug. 8 3854 155 101X 6 Corp capital 12,835 Thompson (J R) common 8,050 Trane Co (The) common No par value, 13 X 22 com Sale Sale 1 1154 10134 10 Storkline Furniture 1 103 38 Highest Sale Prices 634 7% 7% V* % 9 10 x Sale 1 % 151 10034 100J4 103 , Sunstrand Mach Tool com___5 Swift & Co capital stock 25 9,439 Texas 12,650 14,350 7,557 5,000 37,337 1 "48" 15X 14% Sivyer Steel Castings com * South Bend Lathe Wks cap__5 25 Sale Lowest 4% 7X 8% X % 10% Sale 153X 9 Sears, Roebuck & Co capital._ * Serrick Corp class B common _1 Signode Steel Strap Co pf—30 com c Ask Ask Bid 3X X Schwitzer Cummins capital—1 Common 434 % 12X Sale 54 -100 Preferred Wisconsin 1,250 54 Raytheon Mfg Co com 6% preferred— Reliance Mfg Co common—10 171 St Joseph Lead Co cap 10 660 St Louis Nat Stockyards cap..* 6,050 Standard Dredge (new) pref_20 Common (new) 1 18,365 130 1454 100 3,740 Southw G & E Co 7% pref-.lOO 120 Southwestern Lt & Pow pfd * 2 9,742 Spiegel Inc common 27,474 1,190 1,600 15,952 1,300 76,310 63,494 24,223 454 Bid Sale Prices Aug. 31 Aug. 1 Ask 12* * Poor & Co class B _ 450 Bid Pictorial Paper Pkg com 5 Pines Winterfront common—1 3,80 South Colo Pow cl A 735 RANGE SINCE JAN. Price Jan. 2 20 200 EXCHANGE STOCK 2 3854 Apr. 15 June 12 80 Feb. May 1 May 154 Mar. 2054 May 10 May 1 Aug. 454 May 454 May 1554 Jan. 1754 May 22 14 Mar. 14 21 28 254 Mar. 12 254 Jan. 19 4 2854 Apr. 22 14 Jan. 9 22 31 2 Apr. 8 25 33 4 10 9 75 295 May 255 Mar. 32 Jan. 88 Jan. 3 2354 Apr. 4 1 25 3 Jan. 6 June 6 6054 June 1254 May ,154 Feb. 5054 June 4154 May 10354 May 54 May 34 Jan. 154 May 19 Jan. 3954 Jan. 154 1654 1454 1454 May May May June 7654 June 4 22 8 Feb. 17 Febr- 7 29 Jime 12 May/ 28 17 9 7 May 8854 June 54 Aug. 10 9 4 4754 Apr. 8 554 Apr. 24 1654 Apr. 8 ..... 87 H 6854 12454 154 54 254 Feb. Jan. Jan. Apr. 23 Jan. Jan. 5 12 Apr. 2454 May Jan. 40 8 2 2 2354 2454 2854 117s4 754 Feb. 4 5 May 9 Jan. 8 Jan. 3 Jan. 4 10 Jan. 95 Apr. 30 9 154 Jan. Bankshares— Common * Woodall Indust common 2 Wrigley (Wm Jr) Co capital..* Yates-Amer Mach capital 5 Zenith Radio Corp common. * _ 4% 334 84 X 2X 16 5 4 88 254 16X 4 454 454 434 454 7954 Sale 2543 1354 1434 t Name changed from The Wahl Co. to Eversharp, Inc. x 4 Aug. 6 5 Aug. 5 7854 Aug. 1 254 Aug. 9 1054 Aug. 13 Ex-dividend. 454 Aug. 28 5 Aug. 5 7954 Aug. 12 254 Aug. 9 1454 Aug. 30 May 15 May 15 554 Feb. 654 Apr. May 23 93 54 Apr. June 12 354 Apr. 1754 Apr. May 22 3 16 29 8 8 RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Stock Sales 1939 1940 August Shares_ Jan. 1 to Aug. 31 Bond Sales Jan. 1 to Aug. 31 1939 1940 August 32,667 352,503 13,985 304,427 __ $99,300 $156,300 1,747,650 1,724,350 AGGREGATE BALTIMORE STOCK EXCHANGE SALES PRICES IN AUGUST RANGE SINCE JAN. 1 Price In Since August Jan. 1 BONDS $ $ BALTIMORE CITY BONDS- Jan. 2 Aug. 1 1940 Bid Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Aug. 31 Ask Bid Ask Atlantic Coast Line Conn 74,000 25,300 Shares 2,286 456 421 1,094 Certificates of indebt 6% 4,000 1975 1,180,850 Bait Transit Co 4s fiat A 5s flat 1975 409,050 B 5s 1975 61,000 44,000 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 4,000 Interstate Bond Co 5% _.1946 STOCKS Shares y "27"" Sale" 3134 3234 3634 38 93 96 16334::::: 100 84 ~32H Sale' "3254 "3334 '3134 Aug'.'17 3734 3834 36 Aug. 14 33 Aug. 5 3834 Aug. 23 * 50 * 90 10134 102 100 100 100 100 100 100 * 2034 21 1334 14 22 40c 15 .... Sale 1.55 Sale 31c Sale 1.65 Sale 7834 Sale 30c 15 X 1434 Sale 1.55 Sale 13 Aug. 16 12 Aug. 17 30c Aug. 13 1.55 Aug. 14 2.022 * 100 434% Pref B 231 564 21 538 300 400 "t"~2 1,82.1 Finance Co of Am class A 5 Georgia Sou & Fla 1st pref. Sale 6 17 10 X 123 3034 934 263 Mercantile Trust Co 25 1 1 1 100 17 35c 3oc 1554 Aug. 30 Aug. 30 Aug. 1 1.70 Aug. 1 288 National Marine Bank 125 3234 10 Sale Sale 115 634 18 Sale 2634 78 116 634 Aug. 27 7934 Aug. 11334 Aug. 21 11734 Aug. 634 Aug. Aug. 116 120 11454 Aug. 2634 27 X 2754 Aug. 9X 934 Aug. 17 50c 30c 40c 25c 35c 17 48c 35c Sale 35c 16 5 2 7 Aug. 31 2 18 26 Aug. 6 14 11634 Aug. 30 2734 Aug. 21 8 1034 Aug. 7 23 2834 12 28 1.75 30 Sale- 48 2 1634 1 1.05 50 87 X 20c 1134 Sale 2SX 29X 2.50 404 Seaboard Comm'l 5% Common 87 53,822 U pref S Fidelity & Guar 1.023 Western National Bank value. x Ex-dividend. 1634 Aug. 8 35c Aug. 26 37c Aug. 14 Aug. 13 246 934 Aug. 17 1234 2734 Aug. 6 2934 1.65 Aug. 24 1.95 52 Aug. 7 5234 Aug. 13 Aug. 8 Aug. 16 Aug. 8 Aug. 13 46 1734 Sale 16 1.05 1554 Aug. 16 1.05 Aug. 9 87 X 8734 Aug. 13 1654 1734 Aug. 1.05 Aug. 87h Aug. 59 5634 Sale 56 Aug. 28 61 Aug. 19 110 June'3 100 May 21 101 11 May Aug. July 1.35 May 21 Feb. 69 Apr. May 11134 June lH 16 11* 9 84 10 20 1034 22} 33 J Sale 19 K Sale 33 X 13 Sale 34 Mar. May May May May Feb. Aug. 22 85 Aug. 21 19X 20 30 33 34 1054 Aug. 5 19 Aug. 16 1054 Aug. 2034 Aug. 2134 Jan. 16 4 2034 Apr. Jan. 25 55c 2.50 Apr. 6 Feb. 15 2034 Apr. 5 21 83 54 Mar. 26 11934 Feb. 10 8 Apr. 4 14 Apr. 18 3134 Apr. 23 130 Jan. 8 May 3234 Feb. 27 1034 Aug. 7 4 May 9 Feb 50 Feb. 6 July May July 1934 Apr. 5 3 June 12 26c June 65c 25c Apr. 55c Jan. 33 June 33 June 14 134 Mar. 246 Aug. 934 Aug. 2 June i6!S June 3834 June it* Jan. May 1.00 May 265 27 40c 5434 May Apr. 84 Aug. Feb. 11 9 Mar. 12 May 1.45 Jan. 11 Mar. 27 90 23c Feb. Mar, 26 6 2934 Mar. 27 234 Jan. 26 5234 Aug. 13 50 Apr. 5 1734 Apr. 23 8434 May 112 50 2 6 9 1 35c * Preferred 1534 Aug. 30 30c Aug. 29 35c Aug. 16 246 Sale 283 Phillips Packing Co 5 34% Pf 100 100 22 Real Estate Trust Co par 3 20 12 77 Sale 15 X 25c 1634 22,050 Owings Mills Distillery. 1 3,201 Penna Water & Power com— * 2 No 77 i.—50 25,785 New Amsterdam Casualty 11,868 North Amer Oil Co com 1,573 Northern Central Ry 28 20 June 23c 1.25 2734 2,840 July 1 2.209 Monon W Penn PS 7% pref_25 1.210 Mt Vern-Woodb Mills com. 100 Preferred 100 1,417 "loo Mar. 28 4 282 "'500 14 80 46 13 X 215 6 8 100 _ * 500 117 3054 Sale 4,191 Merch & Miners Transp 60 * 8034 8234 11754 Sale 298 "l",783 Apr. Mar. 1 Jan. 12 Mar. 125 Guilford Realty Co 6% preflOO 20 Common 1 10,882 Houston Oil preferred 46,530 Mar Tex Oil Common class A 14,334 100 Martin (Glenn L) Co com 253 Maryland & Pa RR com 17 Mar. 28 Apr. 6 July 20 14 1 12,618 Eastern Sugar Assoccom v.t.c.l Preferred v.t.c.. 1 3,372 4,155 Fidelity & Deposit 20 3,009 Fidelity & Guar Fire Corp—10 30 87 3534 4034 June 6 9554 May 28 10334 10 1 406 Davison Chemical Co com "556 May 15 May 21 May 21 80 31c 65 Black & Decker common 20 Brager Eisenberg Inc com 5,740 Consol Gas E L & Power 82 1 par 36,351 Arundel Corp 1,356 Atlantic Coast L (Conn) 8,668 Bait Transit Co com vtc 1st preferred vtc 16,791 299 23 30 Jan. 7234 Jan. 112 3 9 Apr. 24 9 Mar. 90 75 Mar. 71 Feb. 2 36 Feb. 40 Apr. 1 10 July May May Mar. 15 16 23 34 Jan. 19 Mar. 18 37. 33 PRICES ON RANGE OF Stock Sales August Shares_ Jan. 1 to Aug. 31 AGGREGATE SALES Bond Sales ' 348,421 209,340 2,867,477 August Jan. 1 1939 $462,150 .1,070,615 Jan. 1 to Aug. 31____ BOSTON Since 1940 August 3,040,027 PRICES IN AUGUST STOCK EXCHANGE In $ BOSTON STOCK EXCHANGE 1939 1940 $106,650 506,500 RANGE SINCE JAN. 1 Price Jan. 2 BONDS 1940 Par $ Bid Aug. 1 Ask , Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Pricen Aug. 31 Ask Bid Bid Ask Boston & Maine RR— 114,100 289,600 14,000 9,600 "6",500 Shares 107 20 1,170 7,050 70 """"30 ~ 1,398 "7",457 922 1,725 149 172,600 449,500 ' : % ser A 1960 1970 43*s '48 1948 5s_ 6s 96 96 22,164 Boston Edison Co 10,054 Boston Edison (new) 12,417 Boston Elevated 100 585 130 1,794 1UU 25 374 Preferred 100 Prior Class A 100 100 1st 100 preferred 1st pref stpd preferred class A Class B 1st pref stpd 100 preferred class B Class C 1st pref stpd 1st pref class C Class D 1st pref stpd 100 1st 89 844 49 1,219 25 Class D 1st preferred 100 CI E 4 3* % cum 1st pf std 100 14 8,015 Boston Personal Prop Trust. _* 898 Boston & Providence 100 1,105 Brown & Durrel Co common.* 331 '""930 164 50 917 ' 1~312 257 765 1,399 399 217 45 158 1,195 225 100 100 100 150 7,944 Calumet & Hecla 211 Cliff Mining Co 5 25 * 10 14,482 Copper Kajuge Co 287 East Boston Co 3,443 Eastern Gas & Fuel Assn com.* 10,953 43*% cum prior pref 100 9,752 6% cum preferred 100 2,839 East Mass St Ry Co 100 First preferred 1,644 100 Preferred B 2,313 _100 Adjustment 2,853 100 35,528 Eastern SS Lines, Inc... 784 Preferred 25 Economy """828 5 50 " 1,058 100 185 100 600 53 330 70 632 ""779 1,648 ""200 ~l",442 77 5,140 380 2,703 180 356 2",036 559 Grocery Stores.: 21,875 Employers' Group Assoc 485 General Capital Corp Georgian Inc (The)— 230 8% cum class A pref • 50c 154 171 30 92 230 N E Gas & El Assn pref.. 14,527 New England Tel & Tel 29 New River Co common.: 15 6% cum pref 3,376 N Y N H & Hartford 120,205 North Butte Mining 126 Northern RR (N H) 2,390 Old Colony Sale 315* Sale Sale 445* Sale" 183* Sale 1 25* H 93* Sale 25* 3 32c 22 18 1615* Sale 673* July 26 173* Aug. 17 96 745* Aug. 235* Aug. 98 Apr. June 12 101 3* Mar. July 2 106 3* Apr. June 24 1063* Apr. 30c Apr. 87 Aug. 16 June 86 Sale 363* Sale 345* Sale 42 Sale Sale 19 Sale 13* 15* 75c 2 15* 2 23* 23* 23* 23* 23* 23* 23* 23* 23* 3 Sale 33* 3 , 23* 23* Sale 23* 23* 23* VA 1.3* 23* 33* 23* 3 15* 1 13* 73* 3* 4 19 5 Sale" 13 11 14 1 53* 18c 4 13* 6 5* 183* 14 3 2 18 26 10 10 783* Aug. 16 34J* Aug. 14 415* Aug. 14 173* Aug. 13 13* 1 63* 15* 15* 25* Sale 21 Sale 2 1* 2 23* 2 25* 23* 23* 2 5* Aug. Aug. 2 Aug. 33* 33* 23* Aug. 10 23* Aug. 26 123* Sale 11 93* 1 5* 6 5* A7/* 18c , 0 54 3* 24 Sale 30 5/s 15 193* 253* 203* 26 205* 205* 25 3* 26 50c 75c 10c 63* 33* 35* 3 4 36 43 40 27c 75c 38c 40c 10c 20c 10c 10c 2 2 16 7 25 25* 43* 423* 13* 12 53* 153* 1 10c AA 13 3* Sale 19 4 3 5* 2 5* 3 3* 3* 36 40 13* 113* 53* 13* 13 20 143* 55* ..... 15 A* 10c 33* Aug. 13 4 Sale „ 20 26c Sale 10c 25c 8c 22c 28c 10c Sale 13* 93* * "# 6% cum preferred 3,235 29,176 Utah Metal & Tunnel 25 1 70 2,760 Warren ■ 1 100 * 1111 common, _ * *1 Aug. 25* 93* 13* Sale 113* Sale 38 Sale 1.00 44 303* Sale 7c 10c 28 2454 843* Sale 43 3* Sale 47c 2 80 63* 1H 25 A 55c 23* 90 7 5 193* Aug. 245* Aug. 13 31 28 2 Aug 5 Aug. 29 Aug. 14 Sale 37c Sale 40c 30c 20c 18c 8c 7 9 7-5* 60c 37 26/j* 30"" Sale 15. 83* 13* «VA Sale Sale 45c 3 82 90 18 1 54 May 24 May 24 13* Aug. 27 25* Aug. 26 67 Aug. 7 17 Jan. 2 Jan. I}* Aug. 33* Aug. 20 Aug. 5 5 Aug. 23 4 3* Aug. 4 Aug. 8 413* Aug. 2 40c 2 Aug. 29 Aug. 26 6 Aug. Aug. 19 1165* Aug. 6 5*6 Aug. 22 45c Aug. 5 7 June 4 Jan. 3H June 20 3 3* Aug. 28 9 23* Jan. 28 May 23 25c Feb. 11c 11 Apr 9 May 13-8 Jan. 113* June 43* July 15 May 3* Aug. 5c Apr. 12 May 43* Jan. 4c Apr. 1 May 33 July 108 May 4 Apr. 63 May 3*. Apr. 35c Aug. Jan. 6 Apr. 65* Mar. 4* llc^ 2 26 18 2 21 25 12 24 22 4 23 f? 123* Jan. 12 Apr. 24 85* Feb. Feb. 25* Mar. 5C Apr 17 Apr. May 8? Feb. Feb. 13 383* Jan. 137 Apr. 4 Apr. 65 May 5* Feb. 20 15 27 22 92c May 17 78 Mar. 21 125* Jan. 75c Mar. 45 3* Apr 7'5* 14 3* 5* 73* 1 83* Aug. 15 7 Aug. 16 3 Aug. 22 93* Aug. 8 73* 53* 57c Sale 61 Sale 273* Aug. 30 29 3* Aug"." 14 59 Aug. 23 45 455* 42 3* Aug. 42c 35c 2 2 32 31 2 25 21 Juiy 19 225* May 22 5c 40c 63* 13* 22 27 255* Aug. 19 115* ..... 23 13 Aug. 14 Aug. 90 Aug. 63* Aug. 13* Aug. 253* Aue. 27 13 24 16 5' Jan. 9 1 445* Aug. 24 40c Aug. 5 2 Aug. 27 90 Aug. 13 63* Aug. 30 15* Aug. 2 25 h Jan. 55 May 393* June 25 3* 25 303* Aug. 63 Aug. Ans:. 5 8 4 18 4 May 22 8 13* Mar. 35c 70 June 10 55* May 21 May 21 Tulv 18 6 Jan. 20 23 2 Feb. 22 iJ* 2 Juiy 20 Apr. Apr Jan. 83* 3 25 20 4 Feb. 105* Aug. 2 Aug. 30 15* Aug. 5 83* Aug. 19 8 20 24 Apr. 21 5 Jan. 15c 85* Aug. 14 6 5* Aug. 31 73* Aug. 2 11 315* Jan, 52c 19 3* Aug. 9 28 7 13 Mar. 20 60c 103* 213* 5 20 3 73* Apr. 23 30 Apr. 20 18 3* Jan. 4 263* Apr. 16 8 Sale 3 3 123* May 22 163* May 22 23 J* May 21 26 30~~ 27 20 June 31 11c 85 Mar. Jan. 283* 2 15* May 23 May 21 123* May 22 4 55* Feb. 21 7c Mar. 29 35* Mar. 12 55% Mar. 12 243* Apr. 3 July July May May Aug. Aug. July May May 47 44 23 17 15* Mar. 7 83* Feb. 21 Mar. 14 Jan. 26 10c 273* 305* 19 5* Jan. 10c 37 11c 12 25c 47 Sale 40c 65* 75* 13* 93* 13 40c 60c Sale 25"" _5* Feb June 30c 70c 63 .15* 93* 205* 6 45c 11c 205* 13* 1 July 35* May 23 61 ■ 16 2 9 Aug. 22 18 Feb. 2 1 35c May June 13 1 53* Aug. 7 7 Aug. 1 113 Feb. Aug. 55* Aug. Aug. ■May 15 103* Aug. 15 Aug. 7 Jan. 103* Jan. 3 May 23* Jap. 33* May 3 Apr. 3 3* July 25* May 33* Mar. 3 h May 13* Feb 16 Apr. 67 13* Aug. 113* Aug. 55* Aug. 30 19 Aug. 17 A Aug. 16 113* Aug. Feb. Aug. 21 80c Aug. 16 45* May 21 9 1 3* Aug. 3 65c 205* Aug. 245* Aug. 3 3* Aug. 4 Aug. 40 Aug 17 June Aug. Aug. 23 Aug. 3* Aug. 13* 373* 13* 13* 15* 15* 13* 13* 1% 23* 13* 113* 93* 24 72 70 145* . Aug. Aug. % Aug. 59 2 3* 93* Aug. 13* Aug. 27 2 5* Aug. 26 5 5 45c 1 543* Aug. 31 Aug. 17 70 41c 11 125* Apr. 5 Feb. 29 86 8 23 1493* Jan. 5 25 365* July 26 23 503* Mar. 5 4 203* Apr. 18 163* June 1 2 3* Jan. Jan. 2 4 Apr. 11 83* Mar. 27 5c 6 5 Sale Aug. 9c 116 5* 80 8 26c 22 i43* Sale 53* 53* 36 1163* 16 10c '"13* 38 Aug. 63* Aug. 23 Sale 75 12 23* Aug. 26 53* Aug. 40c 100 60c 19 80c 100 * Aug. 15 10c 15 Sale 33* 13* 15c 17 Sale 3 25 12 5 "2" 2 20 2 * 3 80c 183* Aug. ..100 * 23* Aug. 23* Aug. 1 46 15 6 64c Aug. 10 Sale 12 454 125 3 Aug. Aug Sale 15* 25* 13* 13* 363* Aug. 15* Aug. c 113* 1 11 Mar. 12 Jan. 10 May 22 325* Jan. 10 Mar. 28 July 3 103 May 22 Aug. 23 18 3c Aug. 11 153* 233* 303* 45* 13 13 21 4 18 17 July 8 13 113* Aug. 93* Aug. * 1.00 Jan. Jan. * 15 Aug. 2J* Aug. 2 3* Aug. * 4c Aug. 15* 15* 23* 23* 64 63* 213* 25* Aug. 1 2 60c 100 19 8 75c 123* 13* 13 6 3* Aug. 20c 485* Jan. May 833* Aug. 28 £665* May 126 May 343* July 365* Aug. 43 385* May Aug. 73* 35* Sale 23* Sale 435* Sale 60c 2 50c 20c ..... 143* (The).. Aug. 2 1 h Apr. 2 1 Feb. 5 20 144 May 28 175*Jan. 16 13 Aug. 2 13* 13* Sale 90r 7c Aug. 15* Aug. 18 1 "143* 63* 32c 83 3* Aug. 803* Aug. 9 66 25 5 1573* Aug. 16 1623* Aug. % Aug. 15 3* Aug. 62M 2.50 100 100 Aug. 2 43* 3H 1 14 17 25 com 5 65c * 100 2d preferred 15 75c 20 17,807 Shawmut Assn 17,221 Stone & Webster Inc. Aug. 13* Aug. 22 20 82 813* 10 Sale 23 5* 193* 85 Sale 50 dividend. 50c 16 833* 93* 823* Sale 9 8 5,600 Quincy Mining Co. 25 2,690 Reece Button Hole Mach...".* 985 Reece Folding Mach Co... 10 zEi 183* 803* Sale Sale Sale No par value. 1623* 32c 2 1455* Sale * Bros. 50c 25 66 * Certificates of deposit 1,194 3,868 Old Dominion Co 4,298 Pacific Mills 26,707 Pennsylvania RR 449 Warren (SD)A Co 13* 18 113* Sale 78 35c 103* 123* 13* Sale 33* 4 23,626 Narragausett Rac'g Assn Inc.l 1,300 National Ser Co common 1 1,905 National Tunnel & Mines * 80 20 13* 15 65 * (Boston) 955 Venezuela Holding Corp.. 571 Vermont & Mass Ky Co 4,308 Waldorf System Inc 94 35c 65c ""225 100 Aug. 16 103 165* 33* 200 Union Cop Land & Min Co..25 4,115 Union Twist Drill 5 33,065 United Shoe Mach Corp...*25 309 Aug. 3 Aug. 2 Aug. 12 Aug. 2 101 101 ----- 61 21,000 Torrington Co 3,459 166"" 99 1013* _*-•-> 101 101 1013* 673* Aug. 19 745* 173* Aug. 17 23 5* 95 AugTi3 97 Aug. 5 100 94 153* 23* 33* 2,290 2,039 19 953* 99 58 Preferred 5% 1,990 100 1 7,402 Mass Util Associates v t c 400 Mayflower Old Col Cop Co..25 6,676 Mergenthaler Linotype * 90 72 185* 943*: 953* 21 140 lnt'1 Button Hole Mach Co__10 4,335 Isle Royale Copper 15 890 Suburban Elec Secur 71 Sale 20 99c * 1,490 Gilchrist Co 9,627 Gillette Safety Razor Co * 736 Hathaway Bakeries class A..'.* Preferred * 1,292 Class B.__ * 2,775 780 Helvetia Oil Co T C _.l 461 Loew's Theatres 3,567 Maine Central -- _25 10,110 Boston Herald Traveler Corp.* 364 Boston & Maine pref stpd._100 Common (stamped) 1,031 100 261 Sale par _ 19,492 5,061 93 1948 5,601 American Pneumatic Service. * 4,883 6% non-cum preferred 50 First preferred 2,628 50 93,122 American Telep & Teleg 100 1,839 Assoc Gas & El Co class A 1 230 Bigelow-Sanford Carpet com.* 1,007 6% cum pref 100 4,254 Bird & Son, Inc * 13,570 Boston & Albany ..100 295 73 225* "92"" "94!," ^__i__1948 6s_ STOCKS Shares 9 668 1st mtge A 4% Inc mtge A 43* St RR 264,000 East Mass Series B 48,850 Series C 17,000 Series D 28,550 }5 ? n 26 8 2! fo 2? 2? 08 May 163* Apr. 28 3* June 13* Jan. 93* Jan. 13* Feb. 12 Feb. 33 3* Mar. 5c Jan. 31 Apr. 78 3* Mar. 445* Aug. 62c Apr. 2 Mar. 91 Apr. 7 5* Mar. 13* Mar. 31 Apr. 12 I2 J6 l8 £0 RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE Stock Sales August Shares.. Jan. 1 to Aug. 31 Bond Sales 1940 1939 24,929 339,654 23,717 236,561 August 1939 1940 „ Jan. 1 to Aug. 31 / AGGREGATE SALES PRICES IN AUGUST CLEVELAND RANGE SINCE JAN. 1 STOCK EXCHANGE In Since STOCKS August Jan. 1 Shares Shares 10 60 40 150 109 70 510 15 675 1,698 15 173 370 693 5 222 2,084 3,104 480 '"""259 153 13 95 """355 150 10 52 42 286 135 47 25 Apex Electric & Mfg I'rior preferred 716 uBond Stores * 100 """loo 2,371 3,386 9,247 1,185 4,075 7,749 1,074 1,232 103 50 204 ""'246 50 61 100 """loo 180 """545 32 404 267 2 667 64 450 40 5 """"70 260 135 55 569 1,455 50 Aug. 13 Aug. 13 114 5 Aug. Aug. 15 al3% Aug. 6 41 a32% Aug. 13 com all » 100 1 Aug. Aug. 3 a99 13 38 Aug. 16 38 7 11 Aug. Aug. 14 39 Aug. 30 al03 103 37X Aug. 13 13 7 Aug. 1 12% Aug. 3 Aug. 10 * 11 Aug. 10 wMartin (Glenn L) common..1 16% Aug. 26 34 * 1,185 Murray Ohio Mfg 235 Myers (F E) & Bros Co com..* 6,512 National Acme Co com... -.1, 852 uNat Malleable Steel Cast com* .* * 100 ... * .* * * * 811 Ohio Brass class B 55 Ohio Confection Co cl A com.* uObio Oil common * 4,642 Otis Steel Co common Packer Corp..... Patterson-Sargent Reliance Elec & 18 6% 8% 11% * uRepublic Steel common Richman 22 ......* * Eng com 5 12 * 17% 34% * Bros... Seiberling. Rubber Co com Aug. 21 Aug. 16 7 Aug. 14 Aug. 30 zll * 4 it* 35* 4% May zlO May zl2% May 13% Feb. 50 36 11 Aug. 39 z95 zl6% z6% 40 Aug. 30 34% 13 Aug. 7 12% 12 12% Aug. 1 3 Aug. 10 2% 11 10 Aug. 20 z26% 17 Aug. 8 16% 34 26 Aug. 21 16 Aug. 2 13% 1 % 1% Aug. 26 60 * ... 21 2 Aug. 1% Aug. 26 * 3,812 National Tile 1,876 Nestle LeMur "A" 5,885 uN Y Central RR com 430 Nineteen Hundred Corp A Aug. 16 1,783 Metrop Pav Brick Co com.. * 59 M etropolitan Pav *g Brick pf 100 8,650 National Refining $6 prior preferred 2,804 42 8% cum pref—... Aug. 3 % Feb. z26% May zl0% May z98 Aug. a21H Aug. 13 a22% Aug. 12 * 1,749 Midland Steel Prod 3,303 Miller Wholesale Drug 18 Aug. 39 a Interlake SS. Jaeger Machine.. * Kelly Island L & T—.......* Lamson-Sessions Lei and Electric 2 34% Aug. all% Aug. 22 a 17 11 5 Preferred—I 50 Hanna (M A) $5 pref.....— * Harbauer Company * ulndustrial Rayon com * Brothers ulnterlake Iron common Mar. 20 Aug. 3 2 a 12% Aug. 27 al2% Aug. all Aug. 20 ally Aug. 24 a 14% Aug.. 20 al6 Aug. 31 a99 666 McKay Machine * 980 McKee (Arthur G) class B...* 2 ,'861 Medusa Portland Cement-.-.* 5,739 2,107 1,868 2,597 15,848 22,447 1,265 2 a28% Aug. 13 415 Monarch Machine Tool Co—.* """50 Aug. 14 56 Preferred 100 215 768 Greif Bros Cooperage A com.* 301 875 14 Cx) a31% Aug. 14 5 21 % Aug. 14 Aug. 19 22 11% Aug. * * General Tire & Rubber com. .5 125 Preferred 100 * 1,849 uGlidden Co common 5,258 Goodrich (B.F.) Co. common * 1,064 173 a 26 90 Mar. 21 May 22 z29% Apr. 25 Mar. 15 z4% May 23 z7 5 z9% Aug. 5 z88 Aug. a 15% Aug. 22 zl2 May 2 1 % Jan. Aug. 13 58 % Aug. 30 46 May zl08 Or) May a34 Aug. 21 z26 May 28 Aug. 22 17% Jan. 15 Aug. 30 12% May 11 Aug. 31 10% May 6% June June 114% Aug. 29 113 a31% Aug. 30 z22 May 41 Aug. 15 38% May 15 % May al4% Aug. 5 zl2% May 5 a89 Aug. Fostoria Pressed Steel 362 Halle Jan. 15 zl9% Jan. 4 6 20 July 13 4% Apr. 13 11 8% Apr. 19 3 21 z66% Apr. Apr. 18 21 zl5 2l zl9 70 377 Faultless Rubber Co com....* uFirestone Tire & Rub com. .10 55 6 5 a9% Aug. 15 al0% Aug. a89 ... 5,449 Goodyear Tire & Rub com 501 Great Lakes Towing... Highest Sale Prices zl2% June 8% Mar. 4 May 6% Jan. z45% May 8% May ..100 ...... uGeneral Electric Lowest Sale Prices 85 3 7,951 City Ice & Fuel * 229 6 % % preferred 100 1 1,083 Clark Controller 7,335 Cleveland Builders Realty...♦ 5,710 Cleveland Cliffs Iron $5 pf.i.» 137 Clev El 111 $4.50 cum prer. * 3,361 uCleve Graphite Bronze com.l 14,287 Cleveland Kys 100 58,973 Cliffs Corp 5 5,226 Colonial Finance Co common. 1 835 Commercial Bookbinding....* 1,661 Dow Chemical 5% pref 100 4,372 Eaton Mfg. Co.domu,on 1 802 Klec Controller & Mfg * 1,121 1,030 4,136 1,673 _ a22% Aug. 6 a22% Aug. a4% Aug. 16 a5%/Aug. 1 common 9,463 Brewing Corp of America 20 "3",660 (z) 7 7 Aug. 20 Aug. 20 Aug, 2 a49% Aug. 16 a 55 al0% Aug. 22 ally Aug. 22 (z) uAmerican Home Products... 1 49 Canfield Oil common.. " Sale Prices Aug. 27 al2% Aug. 27 al3 Aug. 29 18% Aug. 5 20 1,050 uAddressog-Multigraph com. 10 960 Air-Way El Appli 1st 7% pf 100 Akron Brass Mfg com (new) .50 A trier Coach <& Body -.5 1,965 2,037 1,704 1,841 Highest Lowest Sale Prices Par Feb. 75 Mar. 27 15 zl4% Jan. Feb. 7 z98 20 16% Jan. 2 Feb. 13 20 63% Apr. 21 zl 14% Jan. 21 z43% Apr. 36 13 May 28 18% Apr. Apr. 18 13 8 18 Apr. 19 117 Apr. Apr. 22 z37 Jan. 24 50 18 17% Jan. 21 z21% Jan. 6 June 19 Jan. 21 z41 22 z23% Jan. 3 zl06 May 21 zl9% Jan. 21 z20% Apr. 22 z24% Apr. Apr. 26 18 1 June 20 Aug. 7 July 19 26 6 11 23 29 10 8 28 2 3 7 4 6 6 10 60 6 May 50 Jan. 25 15 Jan. 22 42% Apr. 12 June 25 zl05%Mar.30 Jan. 4 4 Jan. 29 May May May July May June May June Feb. May May May Jan. a31% Aug. 30 a37% Aug. 31 z23% May 4% Jan. 6% Aug. 30 5% Aug. 21 z24% Feb. a 10% Aug. 28 all Aug. 28 z6% May z41 July al6% Aug. 14 al§% Aug.~3l zl3% Feb. Aug. 30 zl3% May al7% Aug. 28 al9 z2 July a2% Aug. 23 a2% Aug, 23 30 June Aug. 1 36 Aug. 14 41 55 (z) (z) Apr. 8 % May % Aug. 8 % Aug. 9 % July ay Aug. a% Aug. 9 z9% May al0% Aug 26 al2% Aug. 3 30 Feb. 30 Aug. 15 30 Aug. 15 zl7 (x) (z) May 12% May a6 "Aug. 10 a6% Aug. 10 z5% June z7 a7% Aug. 14 a7% Aug. 30 May 9 May 11% Aug, 22 11% Aug. 22 11 July al3 y Aug. 22 al4 Aug. 22 zlO May al6 Aug. 13 al7% Aug. 3 zl4 May 31 34% Aug. 20 35% Aug. 6 May (z) (z) z3% May 21 z29 21 zl2% 28 44 3 17% 22 15 4 10 21 13% 25 z47% 18 7 28 35 17% 13 1% 16 8 60 21 z40% 8% 18 z41 28 zl3 15 z53 23 z21% 21 z27 5 23% 30 5 10 28 5 21 29 28 20 10 21 21 1 25 21 22 23 Jan. 3 4 Jan. 5 Apr. Feb. 17 Jan. Jan. 6 3 Mar. 13 Apr. 16 May 9 May 13 Jan. 8 Apr. 11 Jan. 8 8 Apr, Apr. 19 Apr. 16 3 Apr. 9 Apr. Apr. 30 Jan. 4 6 Apr. 41% July 30 55 Apr. 10 4 1% Jan. 1 Jan. 26 3 zl8% Jan. 2 30% Feb. 24% May 10 15 Mar. 13 z8% May 7 zl2% Mar. 3 10% May 3 14% Mar . 11 14% Apr. 5 z23% Jan. 3 40% Mar. 12 z8% Jan. 5 Sparks Withington Co— 15 32 6% cum conv Stouffer Corp— 222 '295 20 "840 455 510 205 140 35 "180 155 "40 100 » 5.321 Thompson Products Inc com.* 510 wTimken Roller Bearing com. * ....1 2,330 Troxel Mfg 1,282 uTwin Coach common Upson- Walton 33% 34 43 44 2% 7% 1 * Sale (z) .8% a50%~Aug. * 4 Aug. 4% Aug. 4 Aug. % Aug. 8% Aug. W ....* com 2 einberger Drug Stores * 134 W R I Corp 6% prior pref .100 ....1 3,825 White Motor * 4,682 Voungstown Sheet & Tube. 30 5%% cum pref ser A 100 660 uYoungstown Steel Door com. * Reflects prices In primary Unlisted. markets on which odd lot sales 6 2% Aug. 23 ..1 Vlchek Tool Aug. 15 a31% Aug. Van Dorn Iron Wks Co com..* 717 Warren Ref & Chem 1,884 65 65 35 ... 689 Union Metals Mfg Co uU S Steel common 10,801 3.322 11,845 1,042 a u pref Class A $2.25 cum pref 245 16 23 10 65 Aug. 15 63 15 8 a9% Aug. 13 all Aug. 30 a30% Aug. 14 a35% Aug. 2 10% 33% 63 Mar. 13 2 37 June 19 28 38% Apr. -16 21 z52 23 Jan. 3 14 8 7 3 5% Jan. 20 4% Apr. 1 6% Feb. 27 5% Feb. 23 zl3 % Mar. 12 15% Mar. 21 z68% Jan. 23 22 • 27 27 15 1% Feb. 21 23 10% Jan. 2 14 65 Jan. 26 z7 % May 21 13% Apr. z26% June 10 z48% Jan. 3 50 9% 32% Mar. 13 35% Feb. a33% Aug. 30 z25 % May z35% May 2% Aug. 2% Aug. (z) z6% July 12 July May a54% Aug. 30 z42 4 Aug. 4% Aug. 9 3 May 4% Aug. 10 4 4 Aug. 27 Aug. % Aug. 15 "J* Aug. 8% Aug. 8 May June g May 28 z93% May 10 i zl2% May 21 z28% Jan. z80 18% were al6% Aug. 19 al8% Aug. 12 "19% based, x Reflects range of prices it, prlnrry markets. x No print sales only. RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales 1940 , August ...Shares. AOGREOATE SALES 1939 133,627 Shares 1939 1940 £/iares_2,152,596 Jan. 1 to Aug. 31.. PRICES IN AUGUST 1,914,463 RANGE SINCE JAN. 1 Price Jan. 2 Since August \ DETROIT STOCK EXCHANGE In Stock Sales | 210,080 STOCKS Jan. 1 1940 Aug. 1 Par Bid Allen Elec & Equipment--.—1 Atlas Drop Forge coramon:_"_5 z 4 25c 27c Shares Ask Bid Lowest Aug.31 Ask Bid ...Ask Sale PricesL Highest Lowest Highest Sale Prices Sale Pr ices Sale Prices - — ——730 —17010 400 2,107 4,333 100 1,014 9,465 9,825" 7,895 39,116 2,647 2,971 36,748 7,951 21,405 6,610 Auto City Brewing common Baldwin Ruober Bower Roller Briggs Mfg Co 1 -_1 5 common Bohn Aluminum & Brass * 1 ♦ common Burroughs Adding Mach Burry Biscuit Corp 12He 910 Capital City Products 986 282 1,075 3,650 1,100 770 650 2,900 800 700 365 780 Detroit Steel Products 2,797 Divco-Twin Truck Co 1,360 Durham Mfg Co common 405 2,540 1,334 4,746 2,484 5,785 400 1,010 199 976 Mogul 894 2,200 645 400 1,113 550 550 1,420 9",421 '"'346 700 100 1,770 620 457 1,200 510 5,994 3",715 4,407 597 1,131 1,950 112 1,104 796 721 1,723 920 315 2,195 370 ""852 ~"l37 482 136 * com Gar Wood Industries com Gemmer Mfg Co class A 3 * Class B * General Finance Corp com. 1 General Motors common 10 Goebel Brewing Co common. _1 - _ Graham-Paige Motor com -1 Grand Valley Brew common.-1 Hudson Motor Car Hurd Lock & Mfg Co com Kingston Products Corp 1 65c 7X 118 IX IX .10 12X 4X 235 2736 426 32 X 1026 2X 5436 2X "70c" VA 73c 226 Aug. 30 23c Aug. 7 535 Aug. 22 7 26 1836 Aug. 14 Aug. 24 726 Aug. 16 52c 2035 Aug. 12 52c Aug. 24 726 Aug. 9 50c 626 835 535 7536 Sale 1226 1526 55c 336 60c 113 70c 326 135 7536 Aug. 1536 Aug. 57c Aug. 7536 Aug. 31 1536 Aug. 16 70c Aug. 15 236 Aug. 326 Aug. 28 16 70c 60c 70c Aug. 30 120 Aug. 3 136 Aug. 2 126 Aug. 3 78c Aug. 2 1326 Aug. 21 Aug. 112 114 Aug. 136 Aug. 136 135 136 Aug. 135 136 75c 65c 80c Aug. 14 16 1335 Aug. 31 1235 15 3135 1336 336 236 2 235 426 IX Sale 236 2435 Sale 3 435 75c Aug. 10 1 2936 1226 226 236 2235 435 Aug. 14 Aug. 20 Aug. 9 Aug. 7 Aug. 5 Aug. 13 32 Aug. 22 23& Aug. 13 16c July 26 436 June 10 June 7 1335 May Aug. 735 July 75c May 7 July 22 24 15 16 11 52c - -2-36-May—8436 Apr . 6 26c May 726 Apr. 7 9 28 X Apr. 37 May 30 2326 136 1226 136 9 Apr. 30 Feb. 20 Jan. 4 Jan. 5 Jan. 436 3235 14 335 235 2435 5 1336 335 226 2335 435 30 12 30 8 13 30 63c 55c Sale 40c 50c '37c 42c Sale 20 Sale 236 8 1526 10 4826 235 Aug. 7 46 Aug. 8 235 Aug. 9 50c Aug. 3 40c Aug. 17 935 726 Aug. 13 1 826 1535 Aug. 16 11 Aug. 8 11 34 32c 2 35 135 236 Aug. 16 4826 Aug. 12 226 Aug. 28 60c Aug. 8 40c Aug. 17 926 Aug. 1225 335 42c 42c 49c 2326 3 26 126 24 2426 326 126 1036 Aug. 326 Aug. 35c Aug. 1 Aug. 40c Aug. 22 36 Aug. 336 Aug. 135 Aug. 85c 75c "I 336 125 Sale 4 126 14 7 5 28 20 14 12 20 1226 Aug. 4 Aug. 42c Aug. 136 Aug. 42c Aug. 2326 Aug. 336 Aug. 126 Aug. 31 10 23 29 5 27 12 21 Sale 18c 40c 25c Sale 2X Moore (Tom) Distillery Co...1 Motor Products Corp com * Motor Wheel common.......5 Reo Motors Inc vtc 1 Rickei (H W) & Co common. .2 River Raisin Paper com.. Scotten Dillon common. Shelter Mfg Co common common 10 1.1 1 1 Sale 20c 2X IX 8 4 83c 95c 436 6X 7X Sale IX Sale 'lix "l2~" 1526 6 1635 Sale 3X Sale 44X Sale 1926 2036 825 Sale 136 IX 636 626 126 2 70c 436 12 96 23 336 Sale 25 5 IX 1326 236 Sale 226 5 4 4 Sale 435 8 Aug. 9 136 6 6 70c 64c Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 27 17 13 125 Sale 1135 1536 1 526 526 Sale 126 67c 336 726 135 19c 436 736 236 45c 1235 Sale 1535 16 636 Sale 33 1935 1136 136 735 136 226 2 1835 436 75c 100 24 18c 1 Sale 5 26 136 , 1 526 18c 11 335 Aug. 2 40c 136 2X 236 24 X 426 136 IX 80c 636 21c o common. .* 50 75c 325 3326 2025 12 Sale 835 135 126 235 236 19 5 1 3 3126 18 26 1136 136 726 135 87c 235 1 " 426 18 75c 136 — 335 3226 1 926 1126 136 726 Sale 136 226 235 21 426 136 125 85c Aug. 27 3 Sale 2 •325 326 4 6 736 736 336 835 5 4 7 2526 135 1 1 8 8 Mar. 27 9 Apr. Apr. 10 4 8 Feb. 19 May 2 Apr. 18 626 May 25 July 8 75c May 15 7 135 40c 11 1536 536 16 6 1 10 16 7 336 Aug. 22 3126 Aug. 13 19 Aug. 21 11 Aug. 16 136 Aug. 26 135 Aug. 31 1 Aug. 236 Aug. 2 Aug. 1735 Aug. 435 Aug. 75c Aug. 1 Aug. 27 15 23 16 14 15 14 2335 Aug. 126 Aug. 225 Aug. 5 1 1 May 1 Feb. 8 June 5 2026 Jan. 1036 May 235 May 2 May 22 35 June 3X June 15 21 15 22 18 10 426 Jan. 226 Jan. 3 Jan. 25 June 12 Jan. 30 July 19 135 May 23 3735 May 28 2 May 22 50c July 26 40c July 2 Jan. Jan. 24 5 Apr. Apr. 8 15 Jan. 5 Apr. 2 1326 Apr. 9 17 9 8 22 15 17 Apr. 29 Mar. 15 526 Feb. 5 July 9 1 1436 May 15 10 9 3 33c 1 35c J _ May May May May May May Feb. 28 22 21 15 15 21 15 1926 May 22 226 May 14 136 May 17 75c May 14 July 11 30c Feb. 18c May 22 11 13 6 Apr. Apr. 1435 Feb. 28 May 1636 Apr. 626 Feb. 19 52c Jan. 9 136 Jan. 10 60c 26 Mar. 9 Feb. 24 426 Mar. 126 Jan. 24 14 11 9 17 18 Feb. 29 Aug. 6 27 13 60c July 11 136 Apr. 13 4 Jan. 26 6 7 1235 1535 636 3 6 8 31 30 31 July Jan. Aug. May May May May 29 2 1 21 21 21 8 326 3326 1935 1135 136 Aug. Aug. Aug. Aug. Aug. 436 726 135 50c 135 Aug. 31 136 Aug. 6 226 Aug. 7 2 Aug. 23 1836 Aug. 5 426 Aug. 30 1 Aug. 3 126 Aug. 29 2526 Aug. 31 136 Aug. 2 3 Aug. 12 635 Aug. 13 626 Aug. 13 136 Aug. 27 726 Aug. 7 M Aug. 27 ^5 Aug. 29 136 40c 936 1256 436 1626 May 24 235 May 15 3136 July 18 July 836 Jan. 1 Mar. 22 5 8 1 636 May 21 136 May 22 1 236 135 1836 336 Aug. May May July June 27 24 15 25 10 75c June 6 May July Mar. May Aug. 2 May 235 May 15 12 30 21 1 23 4 10 1 1036 9836 1835 126 Jan. 28 4 May 24 1 June 28 726 Aug. 7 7 4 May 136 Jan. Apr. Apr. 236 Jan. 75c 27c Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 5 8 Apr. 23 6 72c 3 Apr. 13 20c 11 2335 2435 126 Sale 225 Sale 326 4 635 736 Jan. Feb. 1 X June 436 29 Mar. 26 24 90c Jan. July 28 ■4 1236 435 35c 136 2 8 19 2 1535 Aug. 16 1135 Aug. 1 5 Feb. Jan. Apr. 10 Apr. 23 9 15 2 "48"" 23 16 20 22 22 15 15 8 3 13 30 50c 935 Apr. Apr. Jan. 75c 3 Aug. Aug. Aug. Aug. Aug. Aug. 25 225 4526 236 14 5526 May 1526 Jan. July 236 May 126 May 15 May 14 May 60c July 9835 May 1 May 136 May 55c 27 32 935 135 4536 236 1526 1135 3135 1126 325 45c 4 25 18X 13 X 1326 526 Sale 136 33 "l536 13 X 6 26 1 3235 435 3 935 13 X 636 32 636 30 635 31 5X 2.50 Michigan Sugar common * Preferred —.10 Micromatic Hone Corp 1 Mid-West Abrasive com 50c 61. —2-34A-ug.-30| —135 Feb.—-8 * .1 McClanahan Oil Co common .1 Michigan Silica Co common—1 page a Sale 90c 25 425 IX Standard Tube Co class B 120 526 IX .... common. Mich Steel Tube Prod 70c 75c 24 X 4 Preferred.... 735 IX 16 .1 common. 16 65c Sale 80c LaSalle Wines & Champagne_2 Kresge (S S) Co 78* 1325 40c (Frederick) 8X 78c 53c common. Stearns 8X 15 50c Drug Co Simplicity Pattern IX Aug, 1-0 235 Aug. 13 18c Aug. 7 5 Aug. 5 2426 Feb. 29 75c "63c" 5% cum part pref. 100 25,378 Timken Axle common 10 Tivoli Brewing Co common.. 1 38,120 * 3,506 Union Investment Co com * 6,807 United Shirt Distributors 32,894 United Specialties common.. .1 400 U S Graphite Co com 5 1,527 U S Radiator common 1 2136 55c 1 25,241 peninsular Metal Products...1 11.417 Pfeiffer Brewing Co com 5,649 Prudential Investing Corp 1 see 2036 2 1 1 . For footnotes 1925 65c 2X 536 2525 Sale 536 Sale 2936 5X Sale 14 236 Sale Sale Murray Corp common 10 102 Muskegon Piston Ring com 2.50 93.365 Packard Motor Co com * * 36,882 Parke Davis & Co 5,756 Parker Rust-Proof com.".".".2 .50 * 40,210 Parker Wolverine Co com 897 1836 ..... 326 common 145 Mahon (R C) class A pref 27,714 Masco Screw Products 3,983 McAleer Mfg Co common 4,518 8,849 12,276 12,547 75,189 3,460 22,657 5,575 536 50c "55c" 4 5 _3 5 _ 96.416 4,230 1,571 31.364 2.657 58,021 65,705 1,355 18,459 8,413 70,613 20c 535 73 IX Frankenmuth Brewing com__l Fruehauf Trailer Co com 1 Lakey Fdy & Mach 19c 2 26 5X 28 6X 126 common Federal Motor Truck Kinsei 18c 426 125 1 164 1,365 4,605 'II 26 Sale" __1 __5 32,327 Hall Lamp Co. common 158 Home Dairy class A * 6,870 Hoover Steel Ball common. 10 6.656 Hoskins Mfg Co common..2.50 187 Houdaille-Hershey class A * Class B * 41,976 17,869 29,655 12,171 11,130 21,781 2,730 12,026 15c 236 10 - 3", 115 23 _ 1,918 Eureka Vacuum Cleaner Ex-Cell-O Corp Federal 2X Weather _ 22,497 57,231 14,835 23,918 5,411 33,311 1,316 1,593 5,643 69,690 34,324 25,185 16,525 2X 27 21H Strip Co common 5 14,875 Chrysler Corp common 5 1,875 Consolidated Paper com 10 1 6,347 Consumers Steel Products 54,265 Continental Motors common _1 * 1,948 Crowley, Milner & Co com 225 Cunningham Drug Stores_2.50 1,071 Deisei Wemmer Gilbert com. 10 36,419 Detroit & Cleve Nav com—.10 100 5,240 Detroit Edison common 9,695 Detroit Gray Iron Fdy 1 1 58,789 Detroit Mich Stove common 19,495 Detroit Paper Products _1 2,369 Detroit Steel Corp common.-5 3,265 Eaton Mfg Co 1,336 1,257 1,007 1,847 - 27 * * Corp Ghamberlin Metal 626 Sale * 5 Bearing Brown-McLaren Mfg Co Casco Products , 7 15 Apr. 15 1126 Mar. 235 Apr. 60c May 16 Apr. 1836 Apr. 836 Feb. 1626 May 436 Mar. 4426 Jan. 2126 Jan. 1436 Apr. 126 Mar. 936 Feb. 28 15 6 18 6 16 8 12 8 31 30 Jan. 13 2 19 126 Apr. 15 2 3 Jan. 15 235 Apr. 10 25 7 Jan. 4 Apr. 17 126 Mar. 14 126 1436 9936 2635 226 335 426 726 736 Apr. 18 Mar. Jan. Apr. Jan. Mar. Apr. Apr. 14 17 23 27 11 10 8 Feb. 19 226 Apr. 1136 Jan. 24 17 Sept., 1940] In Jan. 1 Shares Shares 100 Price STOCKS Jan. 2 1940 1,516 '"325 1,400 2,402 1,600 700 46 765 Universal Cooler class A Class B_ 5% 1% _.* * n Universal Products common--* Walker & Co class A * Aug. 1 Ask Bid Par 3,354 19,206 4,941 1,393 11,091 99,162 41,765 24,700 2,495 5% IX Sale 26 1 100 ,8 IX 1X 11 loo"" 11% \% 105 11 10X Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices 5 IX 4% Aug. 23 1X Aug. 4% Aug. 23 1% Aug. 25% Aug. 3 Aug. IX Aug. IX Aug. 9c Aug. IX 9c 11c 8,959 2,164 4,860 1,810 3,019 1,100 272 975 155 227 230 28 110 420 171 400 50 50 276 425 260 1,496 72 3,118 260 75 --288 * nx 9% Aug. 21 Sale 250 530 1,917 2,729 No par value. 162% Sale Sale 21 50 Borden Company 15 Borg Warner Corp common.-5 a Sale 6 Sale 103 1713 100 Anaconda Copper 161X Sale 21X Sale Aug. Aug. 14 1% Aug. 1 1% Aug. 12 11c Aug. 2 11 5 Aug. 7% Sale 48 X 1 29 Sale Sale Sale 30% Sale 6% Sale 16% Sale 18 X Sale 4% Sale 20% 12 X 5% Sale Sale Sold for cash. r 5X Sale Sale" 54X Sale Deferred delivery sales. 30% Sale 12% Sale' "7WTaTe 8% Sale 80 Said 54% Sale 14% Sale Aug. 5 7% Aug. 29 Aug. 19 iy 162% Aug. 1 Aug. 16 21% Aug. 31 Aug. 16 19% Aug. 3 Aug. 14 17% Aug. 22 Aug. 20 5% Aug. 21 6 Aug. Aug. 9 Aug. 1% Aug. 6 Aug. 29 6% Aug. 29 Aug. 27 146% Aug. 9 Aug. 26 34% Aug. 9 Aug. 15 5% Aug. 22 Aug. 15 41% Aug. 30 % Aug. 8 %s Aug. 2 1% Aug. 24 1% Aug. 24 1% Aug. 29 1% Aug. 29 25% Aug. 19 28% Aug. 30 29% Aug. 20 30% Aug. 6 39% Aug. 14 41% Aug. 3 4% Aug. 1 5% Aug. 26 13% Aug. 20 13% Aug. 27 10% Aug. 16 12% Aug. 31 19% Aug. 16 20% Aug. 1 10% Aug. 23 10% Aug;~ 23 75' % "Aug " 80%-Aug.31 8% % Aug. A 16 8% Aug. 30 5% Aug. 14 6% Aug. 12 17% Aug. 13 19% Aug. / 5 50% Aug. 13 54% Aug. 31 12%'Aug. 6 14% Aug. 31 158% 18% 18% 15% 4% 5% IX 6% 145% 32% 4% 39% 10 . 373 * American Radiator Amer Tel & Tel Co 13,195 Commonw & Southern Corp..* 2,790 Consolidated Oil Co * 1,198 Dow Chemical Co com —* 585 Electric Auto-Lite 5 4,157 Electric Power & Light * 2,735 General Foods Corp * 3,245 Hupp Motor Car Corp.. 1 3,972 Internat Industries com...—.1 7,393 Jacobs (F L) Co com 1 3,577 Kennecoto Copper Corp * 5.948 Kroger Grocery & Baking Co.* 1,623 Montgomery Ward & Co * 19,209 Nash-Kelvinator Corp 5 5,565 National Dairy Products * 36,944 New York Central RR_. * 858 Pennsylvania RR Co 50 1.364 Purlty Bakerles Corp~__r- — _7-* "9T5 Sears Roebtrclr&Co ...l~* 4,128 Socony-Vacuum Corp. 15 9,819 Standard Brands Inc * 2,172 U S Rubber Co.. 10 U S Steel Co * 8,042 1 10,747 Yellow Truck & Coach 50 3 3% May 1 May 16% Jan. 23 May 2 % July 90c May 15 21 10 14 13 15 Feb. 1 15 5% Mar. 21 2% Mar. 26 23% Apr. 8 27 Feb. 10 4 May 11 1% Jan. 8 2% Apr. 8 25c Apr. 10 6% Mar. 15 9c Aug. 12 4% May 22 104 Feb. 29 105 Mar. 29 7 June 10 13% Apr. 16 •\ Budd Wheel Co 416 Cities Service common 50 330 26 104 iox unlisted dept. 487 27 14 21 28 12 7X 101 1 Sale Prices 30 7% RANGE SINCE JAN. Ask 2X 3% IX Sale 15c 11c 7% 78% 104 5,167 Young (L A) Spring & Wire—* 25 Sale 12c 6% 4% IX 3% 4 1% Sale 9c Aug. 31 Ask Bid Bid 3 23 27 23* Class B Warner Aircraft Corp com—1 Wayne Screw Prod common. _4 Wolverine Brewing Co com Wolverine Tube Co com 2 Preferred 61 PRICES IN AUGUST detroit stock exchange Since August STOCK EXCHANGE DETROIT AQOREQATE SALES ' _ . 4% May 22 10% Jan. 145% May 28 175% Mar. 18 % July 26 22% June 17% .Time 10 24 Apr. 13 % May 21 25% Jan. 3% May 21 5% Aug. 4% June 8 6 Aug. % May 21 1% June Jan. 8 5% May 22 137% May 28 170% Apr. 25% May 21 34% Aug. 3 23% 32% 3% May May May July June July May May May 8 22 22 23 12 June 5 37% X 1% 1% 24 % 21 21 10 10 18 9% June 10 15% May 21 9 %" June 63 3 7% 5% 15% 42% 10% 3 May" 22 May 22 May 28 May 23 May 28 May 22 4 13 15 5 3 21 9 28 4 11 9 7 June 28 49 Apr. 15 Jan. 1 2 2 1 May 5 3% Mar 4 38% Jan. 34% Apr. 13 3 Aug. 18% 18% 20% mx 80% 12% 8 Feb. 16 Apr. 17 3 Jan. 1 Aug. 4 Apr. Aug." 31 2 Jan. 8 Apr. 22% June 18 55 15 June 14% Aug. 31 Ex dividend. a; Philadelphia Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Stock Sales August Shares_ Jan. 1 to Aug. 31 1940 1939 145,603 273,064 1,769,930 1,819,848 Bond Sales 1940 193v August Jan. 1 to Aug. 31 $64,000 455,500 $182,500 _ AGGREGATE SALES PHILADELPHIA STOCK EXCHANGE In Since August Jan. 1 BONDS $ 181,500 Elec & Peoples tr ctfs 4S--1945 1,000 Lehigh Valley ann 6s * Shares STOCKS Shares 1,240 1,311 12,913 American Stores 14,504 American Tel & Tel 100 631 Bankers Sec Corp pref 1,089 Barber Asphalt Corp 175 375 678 6,723 11,452 11,286 4,700 2,637 16,397 22,775 255 1,151 1,243 2,827 Bell Tel Co of Pa pref... Budd (E G) Mfg Co Curtis Pub Co 35 2,553 20,772 4,297 4,101 2,400 379 12% 440 14 16 14 UX * ... common Salt Mfg common 584 Phila Insulated Wire 2,200 Phila Rapid Transit 2,275 7% preferred 2,212 Philadelphia Traction 45 1,358 Salt Dome Oil Corp.... 7,543 Scott Paper 144 Tacony-Palmyra Bridge— Class A participating 19,779 Tonopah Mining 1,488 Transit Invest Corp 877 14,705 984 1,274 387 16,442 460 180 * 10 1 50 60 2% 557 Westmoreland par value x Coal Ex-dividend 4 Highest Lowest Sale Prices Sale Prices Sale Prices Aug. 31 Ask Bid Ask 1 Highest 11% Jan. 2 64% Mar. 28 119 34 2% 3% 8% 2 50 50 60 1 * * 1 25 * Sale 34^ 2h 3k 8% Sale 23% Sale 164 16 12 X 11% Aug. 11% 160% Aug. 161% Sale 11 12% 11 Aug. 10% 9% Aug. 10% Sale Sale 120 118% Aug. 118 4 3% Aug. Sale 3% 5% 5% 4% Aug. ^ Sale Sale 75% 69% Aug. 11% Sale 8 12% Aug. 161% Aug. 31 162% Sale 12 10% 117% 3% 5 73% 15 11 Aug. 10% Aug. 120 Aug. 4 Aug. 5% Aug. 74% Aug. a 13 Sale Prices 14 Feb. 10 64% Mar. 28 169 2% 119 30% 19 28% Sale 45% Sale 120 29% 123 29% 29% Sale 48% Sale 28% Aug. 7 44% Aug. 17 119 120 29% 29% 2% 1% 2 2% 1% 7% 7% 8% 117 29 2% Sale 2 20% Sale 173 Sale 1% Sale Sale 21 1% Aug. 14 18% Aug. 13 173 176 Aug. 1 2% 2% 2% 2% Aug. 115% Sale 115% 116% 115 30% 30% 30% 30% 30% Aug. 14 15 14 14% 113% Apr. 3 May 3% May 55% June 2 May 11 Jan. 15 22 5 15 Jan. 31 10 Feb. 17 12 3 22 8 Aug. Aug. 13 12 2% Aug. 6 2% Aug. 8 Aug. 22 25 38 June 1 Mar 21% Aug. 31 175% Aug. 12 May May May 117% Aug. 14 30% Aug. 13 June 2% 24% 75% 2% 20% 31% Jan. 16 June 5 Jan. Sale 11% 8 Jan. 4 5 48% Sale 38% 41 44 41% Sale M 1 3% 2% 39% 14% 116 10 9% IX 1% Sale Sale Sale Sale Sale 11 12 39% 3% 38% 4% 40 4% Aug. 29 37% Aug. 26 45% 44 46% M 1 %e Aug. X % Aug. Sale % % 1 % 1 % % X % 4% Aug. 28 39% Aug. 12 4% Aug. 29 34% May 15 38 1% Sale 1% Sale 34 34% 35% 36% 34% 11% 11% Sale 11% Sale 113 Sale 113% Sale 113 10 11% 10 10% Sale 11 10 14 10% 11% Aug. Aug. Aug. Aug. Aug. Aug. 6 7 May 1 June % Aug. 20 % Mar. X May 3% Jan. %6 Aug. 2 6 Aug. 3 17 36% Aug. 12 13 12% Aug. 1 31 114% Aug. 6 15 10% Aug. 29 12 6 Aug. 13 Jan. Jan. 4 Apr. Apr. 11 6 3 111% May 18 125% Jan. 10 27 June 10 35% Apr. 2 1% May 23 2% Mar. 11 1% May 28 3% Feb* 8 5% June 11 8% Apr. 8 Jan. 7 6 May 23 2% Sale 11% 8 31 Aug. 22 48% Aug. 12 Aug. 8 Feb. 21 Apr. 25 6 30 2 Apr. Jan. 8% June Aug. 28 120 Aug. 20 30 Aug. 13 Aug. 13 Aug. 17 9% June 10 146% May 23 10% May 21 31 Sale 28% Sale 54% Sale 2\ * 118> 30; * Sale 122% Sale 5% Q 5% 5% Sale 90% Sale 25 Preferred 13,064 ...25 4,057 Union Traction ....56 alted Corp common 30,875 ..* Preferred 5,255 __* 332,247 United Gas Impt common ..* Preferred * 5,953 2,435 Westmoreland, Inc i. * 85 No 5 Lehigh Coal & Navigation...* Lehigh Valley 50 National Power & Light-. * 2,173 Phila Elec of Pa $5 pref... 22,496 Phila Elec Power pref 1,023 12% 171 Electric Storage Battery General Motors 356 Pennsylvania 1,870 Penn Traffic 35 Aug. 1 Bid Sale ..100 126,598 Pennroad Corp vtc 77,151 Pennsylvania RR... 10,958 6,218 11% Ask ...50 10 100 ♦ Budd Wheel Co... Chrysler Corp Bid RANGE SINCE JAN. Lowest par 986 Horn & Hardart (Phila) com..* Horn & Hardart (N Y) com * 145 774 • PRICES IN AUGUST Price Jan. 2 1940 1% June 26% June 10 May 107% June 9% May 9% Jan. Apr. Jan. Apr. Mar. Jan. Jan. 8 4 16 21 10 20 Jan. 23 2%. Jan. 2 5% Jan. 4 14% Feb. O 8% May Apr. 49 Mar. 7 Feb. 14 Feb. 29 Jan. 10 Feb. 3 Jan. 6 Feb. 13 Jan. 6 Feb. 24 Apr. 10 Apr. 9 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD FRANCISCO STOCK EXCHANGE RANGE OF PRICES ON THE SAN 1940 Stock Sales 318,487 Shares. August Jan. 1 to Aug. 31 August 397,573 Jan. 1 to Aug. - AGGREGATE Since August Jan. 1 STOCK EXCHANGE Price BONDS Jan. 2 1940 Bid 21,000 Atlas Diesel Eng Co 6% —1945 1,000 Coast Co G & E Co,4% — -1965 Commonwealth Edison Co— 34$% 1958 22,000 2,000 Market Street Ry Co 7 % - -1940 5% .1945 32,000 1952 1,000 S J Lt & Pwr Corp 6% 2,000 S P Co (C P stk col) 4%.. 1949 UNLISTED BONDS— 1,000 Miller & Lux C of D 6%--1945 1,000 STOCKS Shares Shares 635 1,421 4.083 510 U 6,864 22,976 17,617 13,434 111 167 1,514 300 775 2,399 17,660 11,796 16,906 3,853 20 245 35 800 310 485 4,810 38,593 1,272 26,823 2,228 1,100 15,960 12,144 116,404 11,479 5,844 259 696 10 1,576 12,922 2,782 560 100 553 75 238 3,500 711 4,424 1,464 632 175 13,233 5,238 9,645 338 290 610 Ask 98 Ask Ask Bid Sale Prices 325 518 406 30 Angio-Amer Mining Corp Ltd— Common ---I Anglo-Calif Nat'l Bank....-20 Assoc Ins Fund Inc com cap. 10 Atlas Imp Diesel Eng Co 5 Bandini Petroleum Co com—1 dank of Calif Nat Asso cap.-80 Beech Aircraft Corp common. 1 Bishop Oil Co cap .--2 Byron Jackson com cap * Calamba Sugar Estate com—20 Calaveras Cement Co com * Calaveras Cein Co 7% preflOO Calif Art Tile Corp class A * Class B * Calif Cotton Mills capital-_ 100 Oalif-Engeis Mining Co 25c California Ink Co, inc. capital * California Packing capital—* Preferred -50 Calif Water Service Co pref..25 Carson Hill Gold Mg capital-.1 Caterpillar Tractor capital-.-* Central Eureka Mg Co com..-1 Chrysler Corp common..-.--5 Clorox Chemical cap 10 Coast Cos G & E 6% 1st pf-100 Columbia Broadcast Sys A-2 4$ Commonwealth Edison._. 25 Consol Aircraft Corp com 1 Consol Chemical Industries .iinc class A partlc pref..—* Consol Coppermines Corp cap 5 Creameries of Am lnc com—1 6,972 Fireman's Fund Insur cap—25 7 856 Food Machinery Corp com-. 10 4,670 Foster.& Kleiser common..244 Class A preferred.. 25 855 Galland Mercantile Laundry— * 766 ^Common (capital) General Metals Corp— Common .capital 24$ 7,087 .....10 38,149 General Motors.. 8,698 General Paint Corp common.* Preferred —.* 4,714 6,731 Gladding McBean Co com-..* 78,980 Golden State Ltd capital.....* * 3,924 Greyhound Corp common 5,988 fclaie Bros Stores lnc capital..* 1,164 1,324 300 " 100 30 5 3,331 100 415 445 2,874 406 413 — 813 Hancock 25 Oil.. Pineapple Jo..----* 14,138 19,300 Holly Develop Co common-.-1 Hawaiian 727 2,100 .Co of Calif capital.. 791 16.822 Honolulu Oh Corp Ltd 10 2.15 12c 6/4 b>4 10c 4$ Sale 8 4 Sale 4 6t$ 34$ 7 , 175H0 14 H 1.55 35 8 44$ 126 8H 2.00 II* 2.00 50 10 80c 1.00 12* lo 18c 39 23 M 50>$ 54$ 24$ 110 34$ 1.20 114$ 124$ 1.55 30 64$ 40c 514$ 27c 3 4$ 894$ 48 34c o44$ Sale 91. 52 1064$ 23 25 324$ Sale 29 30 244$ Sale -74$ 84$ 2.00 Aug. 22 lc Aug. 20 44$ Aug. 2 2.20 6c W Sale 54$ 34$ 49* 22c 74$ 44$ 54$ 34$ 111 44$ 54$ 64$ 1.50 1.25 2.25 Sale 124$ 3 17 4$ S lie 70c 2.50 11 214$ 54$ ""245 608 110 Preferred 316 "'942 6,834 11,605 5,032 57,724 2,052 246 50 1,154 25 ""709 825 4 5 Aug. Aug. 1084$ Aug. 20 112 Sale 414$ 114$ 12 11 1.75 3 50c 74$ 64$ 40c Aug. Aug. 40 Sale Sale 16c 17c 35 41 174$ 174$ 504$ 264$ 50 264$ 254$ 28c 20c 28c 48 20 23 54$ 6 54$ 5 214$ 64$ 54$ 280 295 Sale 864$ 50c 80c 295 154$ Sile 864$ Sale 74$ Aug. 30 2.00 64$ 84$ 54$ 64$ 3 4$ 84$ 34$ 3 5 7 10 164$ 174$ 40 42 9 10 . 10 84$ 174$ 184$ 40 4$ Sale 9 94$ 32 26 31 41 40 44 944$ 96 90 93 33 4$ 1.50 34 Mi 2.00 25 264$ 25 264$ 174$ 20 174$ 20 74$ 544$ 6 30 4$ 19 19 Sale 19 8 Sale Sale 75c 17 64$ 454$ 44$ 284$ 44$ lj 13 20 184$ 364$ 17 1.40 84$ 554$ 31 6 Sale 174$ 144$ 38 54$ 94$ 1.15 1.40 224$ 7 85c 74$ Aug. 30 128 Feb. LeTourueau ...10 cap—* 9 114$ 124$ 284$ 184$ 55c 64$ 474$ 6 5 32 30 54$ 94$ 114$ 14 32 194$ Sale f 70c 1.75 7 1.75 10 lnc common.... 1 54$ 84$ 11 124$ 294$ 174$ 16c Aug. 384$ Aug. 174$ Aug. 50 Aug. 26 Aug. 25c Aug. 464$ Aug. 34$ Aug. 16c Aug. 384$ Aug. 16 Aug. 494$ Aug. 254$ Aug. 22c Aug. 45 Aug. 3 Aug. 214$ Aug. 14 54$ Aug. 9 5 Aug. 6 June 2,550 No par 2.15 8 2.50 1.25 Aug. 15 Aug. Aug. 214$ Aug. 14 54$ Aug. 9 5 Aug. 6 1.30 Aug. 34$ Aug. 4 Aug. 164$ Aug. 404$ Aug. 9 Aug. 174$ Aug. 414$ Aug. 9 Aug. 404$ Aug. 90 Aug. 244$ Aug. 1.25 Aug. 174$ Aug. 42 944$ 264$ 1.25 174$ Aug. Aug. Aug. Aug. Aug. 19 19 484$ 48 Aug i 21 9 454$ Aug. 1 6 94$ 114$ 144$ 324$ 19 Aug. 54$ Aug. 8 Aug. 11 Aug. 134$ Aug. 30 17 19 30 51c 36 11* 13 8c 20c July 54$ June 34$ May 34$ May 3 May 103 May 64$ Mar 1.20 July 9 May 11 Aug. Aug. Aug. 40 31 27 26 27 104$ 74$ a 7 4$ 84$ Sale 3 24$ 5 value* 4 64$ 23 5 144$ 74$ 84$ 14 4 34$ 64$ 29 7* Sale c S tie 104 154$ 74$ 84$ 34$ 18 16 9 9 23 21 23 15C 10c 15c 44$ Sale 44$ 4 20 34$ 94$ 54$ 214$ 44$ lH 125 74$ Mar. 27 9 2.25 May 154$ Jan. 7 34$ May 40 Apr. 22 74$ Aug. 25c Feo. 404$ 263$ 521$ 264$ Mar. Feb. 15c June 45 May Aug. Aug. Aug. 7 Aug. 7 Aug. 144$ Aug. 44$ Aug. 40 Aug. 274$ Aug. 274$ Aug. 31 65c Aug. 74$ Aug. Aug. 15 4$ Aug. 104$ Aug. 2.85 Aug. 74$ Aug. 84$ Aug. 3 Aug. 164$ Aug. 9 Aug. 214$ Aug. 44$ Aug. 23 Aug. 1 44$ Aug. 5 22 9 27 32c Jan. 8 55 Jan. 9 44$ Mar. 1 874i Apr. 12 Feb. 27 Feb. 15 18 June 18 284$ June 23 Aug. 33 Apr. 314$ Apr. 8 15 191$ May 24 54$ Aug. 9 4 June 12 26 Apr. 30 94$ Feb. 21 6 Apr. 6 May 15 400 124$ May 21 21 754$ May 21 95 70c 50c July 8 1 June 10 34$ 5 104$ May 22 5 4$ 34$ Aug. 20 8 4$ 34$ Aug. 30 844 May 22 10 4$ 144$ May 23 204$ 35 May 22 444$ 11 84$ Mar. 20 31 Jan. 31 324$ 36 July 8 454$ 77 May 22 99 4$ 194$ June 10 334$ June 24 174$ Aug. 6 May 21 May. 23 44$ May 18 274$ May 28 May 22 May 21 Aug. 13 June 13 Jan. 31 14 4$ May 22 50c May 23 33 June 7 104$ July 24 84$ July 15 May 14 2 50c July 9 1.75 July 7 June 29 10 114$ May 21 3 4 4$ June June 10 3 354$ June 21 May 14 54$ June 14 Apr. 12 June May 4 9 Jan. 11 Jan. Jan. Jan. Jan. May Apr. Feb. 12 12 26 10 7 8 29 Jan. 2 May 2 May 1 Apr. 6 Feb. 16 2.20 Mar. 11 56 Mar. 34 8 6 7 5 Apr. 6 Mar. 4 Apr. Apr. 11 40 Apr. 15 5 204$ Jan. 64$ 114$ 174$ 154$ 76c Feb. 8 44 Feb. 19 3 174$ Jan. 12 4$ Jan. 64$ Feb. 1.15 Feb. 6 19 13 Mir. 27 4 84$ Apr. 18 3 4$ Apr. 2 16 4$ Feo. 28 Feb. 8 404$ July 44 Apr. 23 Jan. 3 84$ 35 9 5 \ Apr. 22 23 4$ June 26 1 4 4$* -Feb. 414$ Apr. 5 Apr. 15 12 25e May 16 20 50c Jan. Feb. 30c 1.30 Apr. 94$ Jan. Feb. 29 3 17 19 July Aug. 124$ May 94$ May 23 1.75 Jan. 16 194$ Apr. 23 124$ Apr. 11 44$ May 17 21 11 7 100 5 4$ May 17 106 25 21 27M May 21 May 21 15 June 10 14 June 13 6 74$ June 194$ June 27 10c 44$ Aug. 23 214$ Aug. 27 4 Aug. 14 8 July 57 109 34 Aug. Aug. 6 Jan. June 2.80 May 8 21 14 13 Aug. 114$ Aug. 11 Aug. 100 Mar. 25 Apr. 16 Apr. 15 17 74$ Jan. Apr. 74$ Feb. Aug. Aug. 74$ Aug. Aug. 144$ Aug. 104$ Aug. 2.50 Aug. 64$ Aug. 8 Aug. 24$ Aug. 164$ Aug. 9 65c Apr. 64$ May 12c May 35 May 14 May 494$ Aug. 244$ June 38 75c 65c 3 Mar. 29 19 Aug. 30 Aug. 100 9 10 5 75c 234$ Aug. 13 Jau. 23 36 364$ Aug. 274$ Aug. Feb. May 15 Feb. Aug. 104$ Aug. 94$ Aug. 144$ Aug. 44$ Aug. 8 84$ July 30 54$ Mar. 25 Apr. 54$ 75c 66c 11 2.75 Sale 14 22 16 46 Sale 29 22 2.50 10 it* 6c 21 74$ 100 164$ 204$ ...» 30c 65c 20 8 United,Filters Inc A...* Class B * 64$ 274$ 44$ 17 - 11,6 44 114$ 2.85 Sale 6% preferred ... 100 5Mi % preferred—... 100 North Amer Oil Consol cap.. 10 Occidental Insurance capita!. 10 Occidental Petrol Corp com..l O'Connor Moffatt & Co— 144$ 44$ 364$ 6 8 Feb. 174$ May 18 2.00 64$ 1.80 64$ Feb. Aug. 21 54$ Aug. 94$ Aug. 11 Aug. 14 Aug. 55c 34$ May 29 July 31 20 44$ 85c 1.75 364$ 294$ 64$ 74$ 12 34$ 65c 38 6 102 154$ Sale Meuasco Mfg Co common.._.l Class AA common 4 8 8 6 31 12c 285 8 41 144$ 74$ Natomas Co capital ... * North Am Inv Corp com.. .100 669 Mar. 61 2 Aug. 22 lc Aug. 20 44$ May 23 18 34$ Aug. 3J$ Aug. 55c 42 99 Nat Auto Fibres lnc coin stk-.l 3 409 Oliver Apr. 1 5 1024$ Aug. 22 1024$ Aug. 22 574$ June 43 4$ Aug. 1004$ Aug. Aug. Aug. Aug. 154$ Aug. 874$ Aug. Aug. 134$ Aug. 844$ Aug. 52c 14 80c Sale 266 I 85c 65c Class B. 5 130 82 14 2.75 May 285 285 38 3I* 44$ * 94$ 44$ 24$ 25,602 Magna vox Co Ltd capital * 7,473 Maguln & Co (I) common 12,633 1,550 12,650 105 12 75c 5 325 465 104$ 30c ~ i 39 ...* 6,955 ; 302,647 j 32.234 i 30.007 1,673 i 716 110 35 84$ 34$ Libby McNeill & Libby com.. 7 Lockheed Alrcr Oorp_.com...-. 1 Lyons^Magnus Inc A 16 1014$ May 5 108 July 65c 80c 26 ....100 353 33,360 Marchant Cal Macb Cocom.-5 Meier & Frank Co........ 10 18 ♦ July 2.00 Mar. 37 Feb. 10 1.25 1.25 9 50c 38 95 Aug. 27 "74$ 36 4$ Sale 33 2 1.30 Aug. 114$ Aug. 124$ Aug. 1.20 Aug. 114$ 114$ 2.00 8 5 1 2 8 Aug. 44$ Aug. 16 54$ Aug. 10 74$ Aug. 11 1.05 3 Preferred 1,934 70 41 50c 3 .........50 Leslie Salt Co capital 756 795 154$ 854$ 9H ..... ""15 1,757 278 54$ Sale Aug. 44$ Aug. 464$ 474$ 34$ 34$ 34$ 73 4$ 75 764$ 49 43 434$ Aug, 23 44 43 504$ 103 1004$ Aug, 29 105 1064$ 1004$ 101 19 21 124$ 194$ 304$ 314$ 304$ Aug. 29 31 314$ 304$ 23 Sale 23 Aug. 31 23 224$ 214$ 464$ 33$ 724$ 5 320 2.25 Aug. 12c 10c 74$ 44$ 44$ 24$ 110 115 19c 3M 26 54 c Sale "44$ "5" 11 20c 41 Sale 5 20c 6 121 '4 2.40 Sale 44$ 50c 1,082 Honolulu Plantation capital.20 Hudson Motor Car co n * 1,173 6,974 Hunt Bros Packing common-10 Preferred 10 15,852 755 Hutchinson Sug Plant cap.. 15 2 Pesos 359 IXL Mining Co 8,664 Laugendorf United Bak cl A..* .Class B ...* 8,420 90 4,529 Jan. 108 Home Fire & Marine Insur 4,978 208 100 July 3 1334$ Apr. 26 1334$ Apr. 26 39 July 23 39 July 23 1024$ Aug. 22 1024$ Aug. 22 18* T.020 Highest Sale Prices 484$ ...... '""160 Lowest Sale Prices . 44 1 Highest 53 Bank jjjSan Francisco cap ...100 280 17 182,159 Crown Zellerb Corp com....-5 90 Preferred * 11,845 60c 1,100 Cypress Abbey Co co union—2 1.95 4,816 Di Giorgio Fruit Corp com. .10 94$ Preferred 100 3,028 DoernDecker 44$ Mfg Co * 3,200 844 * 6,367 El Dorado OH Works cap 1,439 Electrical Products Corp..—.4 17,794 emporium Capweli capital—* Preferred w w ...—50 40* 5,529 4,168 Emsco Derrick & Eq Co cap..5 —20 304$ 300 Ewa Plantation.. 35 1,140 Fireman's Fund lndem,cap__l0 """355 45,000 644$ Feb. 27 Crocker First National 9,668 1,474 92,000 Sale Prices 100 90 5 $10,000 RANGE SINCE JAN. Lowest Aug. 31 Aug. 1 Bid $1,000 Par 2,744 Aircraft Accessories Corp A_50c Rights 12,550 6,531 Alaska Juneau Gold M cap.-10 1,150 11,350 31 PRICES IN AUGUST FRANCISCO SAN SALES In 1939 1940 Sales Bond 1939 Jan. 11 34$ June 29 164$ May 24 3 May 22 Apr. 13 104$ Mar. 28 4 Jan. 28 May 284$ Jan 11 Jan. 3 7 3 19 26 Feb. 19 28c Feb. 19 54$ Apr. 8 9 8 23 4$ Feb. 5 4$ May san francisco stock exchange Sept., 1940] AGGREGATE SALES In Shares 60 20 STOCKS Jan. 1 1,921 6,905 9,376 2,807 1,806 145 1,076 784 223 111 0% 551 * 12 % 9,978 1,085 1,593 568 1,910 604 230 ""'519 11,415 196 162 30 491 2,855 124,538 5,213 2.724 4,374 6,410 35 109 Sale First preferred...... -—* Pac Tel & Tel Co common—100 132 1.50 Lowest Sale Prices Sale Prices 5% 7% 4% Aug. 22 5 451 June 29 14 X 5 Series A 13% Aug. 3 4 Aug. 12 1.05 Aug. 20 28 Aug. 16 1.25 2954 33% 32% 30 29 X 2951 38 3851 40 10554 107 104% 33 H Sale 31% Sale > 149% oS* Sale 4 1.25 29% Aug. 23 33% Aug. 2 29% Aug. 8 38% Aug. 20 106 si* 103 41 Aug. 5 Aug. 22 13% Aug. 4 5 5 4% Aug. 13 17 X 17 K 17 X Aug. 23 18 122% 126 118% Aug. 1 123 150 153 148 Aug. 2 150X 5% Aug. 17 5% 37 32% Aug. 26 W* 96 100 9651 Aug. 24 99 Sale capital-. 10 Paraffine Cos, Inc, com———* 4% cum conv pref 100 Philippine Long Distance Tei Oo capital 100 Pesos Phillips Petroleum Co cap * Pig'n Whistle Corp partic pf-* Pugec Sound Pulp & Tim * Ry Eq & Realty Co Ltd Com— * Highest Sale Prices 29 Sale .........100 Lowest Ask 2,235 1,843 1,753 60,700 12,314 2,322 6% preferred—........100 57,472 Rayonfer Inc common.. 1 Cumulative preferred 25,098 25 10,015 Republic Petroleum Corp——1 Preferred .........50 116 21,046 Rheem Mfg Co .......-1 57,941 Richfield Oil Co common..—* Com stock purch warrants. . 1,552 2,807 Roos Bros inc common—-..-1 """581 230 Clay Prod capital * Pac Coast Aggregates com..-5 Pacific Gas & Klec Co com..25 6% 1st preferred 25 551% 1st preferred....—25 Pacific Lighting Corp com—* $5 dividend pref * Pac Pub Serv com * 6% preferred 4% it* i3l& 5 Pacific 890 Pacific Western Oil 30 256 150 416 Pacific Can Oo Aug.31 Bid Ask 1,588 Paauhau Sug Plant Oo cap.. 15 Pacific-Amer Fisheries Inc—5 220 391 182 Aug.l 1940 Par 7,196 9,396 1,570 27,457 84,702 73,269 26,549 30,680 2,907 15,216 15,905 3,622 1,725 325 RANGE SINCE JAN. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 551 10 3 12 351 95c 2 2 2551 7 2851 25 % 6 34 24 27 100 12 351 16 1 29 113 27 142 17 551 28 26 96 23 41% Aug. 15 81 479 4,010 5,144 114,720 1.356 4,617 82,225 7,213 743 18 Aug. 27 2.25 Aug. 21 11X Aug. 16 14 % Aug. 14 27 % Aug. 28 7 1.75 Aug. 7 19% Aug. 3% Aug. 29 Aug. 29 1754 Aug, 31 1 30 Aug. 1.90 Aug. 22 17 13 X Aug, 19 14 7 7 % Aug, 8% 75c Aug. 26 75c 14% Aug, 13 14% 100 Aug. 20 100 4% Aug. 16 4% preferred..-----100 Ryan Aeronaut Co com cap—J Safeway Stores inc common..* Schlesinger (B F) com-—---* Preferred— ———25 r 1.50 Aug. 5% Aug, Aug. 10 Aug. 27 Aug. 26 Aug, 13 Aug. 20 3 Aug. 1.50 Aug. 2 5% Aug. 14 Shell Union Oil Corp com—..* conv pref:.... 100 Aug. 16 Sou Cal Gas Pfd 6% cum A..25 Sou Pacific Co com (cap'l).lOO 734 20 314 14,042 155 272,204 900 114,078 412 Super Mold Corp of Cal cap 10 Texas Consol Oil Co com..—1 Thomas Allec Corp class A— * Tide W ater Assoc Oil Co com -10 451% preferred .....100 Transamerica Corp capital...2 Transcontinental & West Air.5 Treadwell Yukon Corp Ltd— Common capital .....-.1 54,444 Union Oil Co of Calif cap..-25 12,070 Union Sugar Co common..—25 17,915 United Air Lines Trans ——5 15,770 Universal Cons Oil.......-.10 5,177 1,374 325 1,535 507 1,760 30 1,700 4% 1?" 24 Aug. 17% Aug. 22 22% Aug. 3c 3c 45c 45c si* 92 Sale 18% 12c 37 X 5% 18 X 9X 87% 4% 17 X 10c 20c Sale 17% 9 9% 4 Sale 13 Sale 7% 30 §55" 17% p 26 110 90 275 % 285 1,458 25 ""461 5.357 Series 1 50 - Series 2 Yosemite Portl <5em Co pf—10 1 Aug. 30 12% Aug. 17 7 Aug. 21 7c Aug. Aug. 7% Aug. Jan. 9 80 9 Aug. 1254 May 107% Feb 1.50 May 3051 Mar. 42 May 100% Feb. 34% Jan. 15 54 Jan. 6c June 27! June 12 Jan. 8 May Aug. 25% 272% Aug, 27 279 265 May June 17 18 20% 16 Aug, 6 20% Aug. 15 June 15% 17 17 H Aug. 8 19 15 May 18 1.50 Aug. 1 1.60 Aug. 29 2451 Aug. 7 19X 20% 19 22 22 23 1.60 1.80 Aug. 30 9 12 12 4 27 Feb. 5 Feb. 10 12 May 6 May 10 0% Mar. 14 17% July 16 96 15c Jan. 1751 Jan. 100 301 16% 15% 19 1.50 Sale 9 10 3 18 6 Apr. 5 2351 Apr. 15 3 15% Jan. 14 Apr. 16 May 2 it* 13 May 2 Aug. 31 30 Apr. 22 June Aug. 20 10 651 Aug. 451 Jan. 7 23 97 110 270% 275 May May 3 Aug. 24 Jan. 26 51 Jan. 33% Feb. 4 51 May 1 12 Jan. 3 21 4551 Apr. 16 June 6 51 May 12 % May 6 3 9 6 18 3 19% Jan Jan. 4 1.50 Jan. 25 17% Feb. 29 108% Mar. 30 7 Apr. 24 52 54 Apr. 4 1.90 Mar. 10 4 651 Jan. Jan. 8% Aug. 31 351 Aug. 9 27 7 2.75 Feb. 3851 Jan. 17% Mty 22 May 24 " " 3: 20c July 5i 60c 45c Apr. 12 Aug. 22 Aug. 30 8 0% Aug. 9 3% Aug. 12 Aug. 7 Aug. 9 2451 Mar. 2951 May 3751 May 22 5c 6c 9c 13 17% 8 10% it* 4% Aug. 12 2951 May 17% July 12% Sale 88 Aug. 4% Aug. 10c Sale 16% Sale 8 8*4 9J1 Aug. 19 Aug. 30 9% Aug. 87 Jan-. 751 Apr. 54 Jan. 25 Feb. 2 39 2 1.35 Jan. 4151 June 5 10 3 43 51 Feb. 23 20 100% Jan. 11 May May 5 1 8 14 May 2451 May 1.75 Aug. 34 May 1251 May 551 May 75c May 1251 June 100 Aug. 351 May 3951 May 1.50 May 451 May May 9551 June 2851 Miy 651 May Aug. 29 1 18% Aug. 2 25 Aug, 5 Yellow Checker Cab Co— 120 July li Aug. 31 Jan. 17 154 June 101 1 Jan. . 6c 37 151 39,508 Vega Airplane Co 7,634 Victor Equipment Co com—-1 Conv cum pref -.5 8,133 2,260 Vultee Aircraft Inc capital—-1 20 28 1,205 Waialua Agricultural Co .100 95 82 Weill & Co com...... 585 Wells Fargo Bk & Un Tr caplOO 276 Western Pipe & Steel of Calif common ..........—10 17 14,685 261 325 Aug. Aug. Aug. 50 May Apr. 16 3451 Apr. 5 June Aug. 17 1251 Jan. 1.50 Apr 11 July 23% Aug, 16 X4 AUg. 17 20% 98% Aug. 15 100 32% Aug. 14 33 7% Aug. 16 8% 23 Feb. 27 Jan. 15 21 108% Jan. 30 21 5% Feb. 20 Jan. 2 21 June 10 138 H Mar. 7 June Signal Oil & Gas Co class A—* Sound view Pulp Co. 5 Preferred -—100 9% Apr. 20 15% 4% 1.50 3451 21 21 May 122,616 Stand oil Co of Calif capital..* 10,427 23,731 2,275 14,290 May 22 Sale Prices 7 5% Feb. May May May May May 1.00 Apr. 1 5,082 Sperry Corp common v t c 3,760 Spring Valley Co Ltd capital—* 50 22 21 25 22 10 2951 June 900 Sou Pac. Golden Gated A...* . ""202 May May May May June Highest 39% July 40 "551 % cum 140 Sherwood Swan Co Ltd cl A.10 200 4,420 1 Prices January 2 Shares 2,147 ■ PRICES IN AUGUST san francisco stock exchange Since August 63 10 17 May 15 1.45 July 16 Feb. 8 Apr. 8 2251 May 9 22 Feb. 5 17 May 15 2.90 Jan. 15 UNLISTED STOCKS 182 American Factors Ltd 137 cap—20 24% 25 835 Amer-Hawaiian S3 Co com.. 10 100, Amer Pow & Lt Co common..*, 120 1,636 78,375 5% 6% 322 264 3,231 26,315 12,409 1,336 9,259 43,544 794 10,901 650 39 ""53 . 1651 150 Bunker Hlh & Sullivan Mg & Con Co common.. 2% 262 309 1,825 577 ""525 995 51 , 3054 1.05 1351 Calif-Oregon Power— 6% pref (non-callable)—100 6% pref (1927 series)—.. 100 453 100 Calif Pacific Trad Corp pref— * 10 784 Calwa Co common.. 82 2 1.00 Ohio RR com.25 40% Assn Inc common —* 7,480 Consol Edison Co N Ycom.. 4,363 Consol oil Corp common——* 67,490 Curtlss-Wright Corp com.... 1 6 995! Domioguex Oil Fields cap....* 865' Gum barton Bridge Co com..10 4 862 Bond & Share Co com—-5 14 660 General Electric Co com.—..* £*671 Goodrich (B F) Co common..* 405 Hawaiian Sugar Oo capital..20 510 Hobbs Battery Co cl A capital * 350 Boohs Battery cl B cap — * 501 Honokaa Sugar Oo capital...20 2,577 417 354 Bendlx Aviation Corp com.. .5 t Blair & Co luc capital 1 5,335 Cities berviee Co..........10 3,811 Claude Neon Lts luc com—.1 1 191 Coen Cos, Inc, class A conv—* Columbia River Packers 153 7 451 251 Aviation & Trans Corp cap— .1 B & O RR common .100 100 Chesapeake & ""331 21% 11% 2.15 Top & S Fe RR com.. 100 69 15 7% 163 15851 Au"g"."l7 94c 65c 22% 1851 Aug. 16 11% Aug. 16 Aug. It 16151 Aug."30 97c Aug. 26 29 4554 454 551 July 22 951 5 17451 149 June 52c Feb. 23 97c Aug. 16 251 Aug. 14 351 Aug. 29 30 Aug., 9 1.00 Aug. 5 Aug. 251 Aug. 35i Aug. 30 Aug. 1.10 Aug. 16 14 29 9 30 1051 Aug. 6 951 May 24 1251 Aug. 28 3 14% 82 88 3 2.00 42 80 80 50c 3 2.00 75C 5X 8451 89 85 85 85 89 Aug. 10 8451 Aug. 13 90c "Aug." 15 50c 51 Aug. 10 Aug. 6 50c* 31% 7% 10% Sale 33% Sale 28% 0% 29% 0% 31% 32 27% 6 854 2951 25c 25c 40c 25c 40 $ 4? % 19% 20% 20 25 1 25c 3 35c 5% 7 2 76 85 Aug. 10 Aug. 12 90c Aug. 15 90e 6 9 40c Aug. 3 75c 8 7% 4 10 7 30% 7% 1.25 4 11 20c4 4 2% 454 3151 1054 10c 2c 17% 754 5 Sale 551 30c 7 7 10c 3 % Aug. 10 Aug. 6 30c 8 Mar. 21 3154 Apr* 9 1254 Aug. 28 Jan. 9 251 Apr. 2554 Jan. 3 4 3 Mar. 20 Apr. 16 451 Apr. 15 5% Apr. 4 3554 Apr. 15 sg Jan. 5 1451 Jan. 4 2 May 22 87% Apr. 12 2 Mar. 20 Aug. 15 3351 May 31 451 Feb. 6 X June 10 10c* Jan. 5 24 Apr. 551 Aug. 2851 June 17 Apr. 2451 Aug. 28 25 20 6 18 Mar. 15 June 10 551 Aug. 21 3351 Aug. 29 June 6 54 July 25 May 25c Jan. 7 25 2l 4 7 10 30 11 1.00 May 4 Jan. 18 25c 6 7 70 551 Aug. 7 3351 Aug. 29 25c Mar. Apr. 6 Aug. 26 85 Aug. 13 2951 Aug. 3 651 Aug. 29 751 Aug. 10 32 Aug. 2 Aug. 21 8 Jan. 29 Apr. 30 Apr. 5 May 20 13 3 19 14 23 Aug. 2951 Aug. 6 Aug. 6J1 Aug. 30 Aug. 0% 5% 3451! 3351 33X Mar. 21 18% Aug. 16 8J4 Mar. 10 1.50 May 22 1 251 Feb. 14 May 21 851 Jan. 22 4 Aug. 16 251 Aug. 14 351 June 22 2651 Miy 21 75c June 10 2051 Aug. 27 Ark Nat Gas class A common Atcb 7 2454 Aug. Apr. 10 5 454 Apr. 8 21% Anglo Nat Corp cl A com * Argonaut Mg Co Ltd capital—5 4^259! Atlas Corp common -.5 Aviation Corp (Del) com——.3 834 224 200 7% 161 % 103 X 161 73c Sale , 93c 100 Amer Woolen Oo common * Anaconda Cop Mg Co com..50 14,938 13,160 8,550 370 6,449 1,730 7 36 2,790 Amer Rad & Stand San coin—*' 25,694 Amer Tel <Sc Tel Co com.... 100 213,673 Am Toll Bridge (Del) com——1 "i',0l5 2451 Aug. 551 Apr. 9 5 5 2 Apr. 29 Mar. 20 1.25 Feb. 20 3351 May 31 654 May 2 54 Mar. 11 50c Apr. 19 8 Mar. 25 3251 Feb. 7% Apr. Mar. 5 10 Jan. 8 29 Apr. 851 Jan. 4 5 11: 36 25c 4 2051 Apr. 4 25 Aug. 21 41 Jan. 1.10 Mar. 19 Jau. 18 25c 654 Apr. 30 Idaho Marylaud Mines Uorp— 3,301 416 100 1,070 1,202 775 900 10 25 58,960 4,807 6,153 19,436 26,005 6,359 3,588 Capital .1 Internat Nickel of Can Ltd—* Internal Tel & Tel common..* Itaio Petrol Corp of Am coin.l 7% cum preferred. 1 Keunecott Copper Corp com.* Kleiber Motor Co capital—_10i Bancorporatlon cap—* Nav Oo capital. *| Sugar Co Ltd cap. .5 3 265 Mctvesson & Bobbins Inc com 5 839 Marine 27.127 Matson 220 McBryde 118 4,900 791 7,206 * 64,350 M J & M & M Consol capital. 1 85 Monolith Portl Cement conl..* 8% Preferred 10 558 Montgomery Ward & Oo, Inc. common —«...* 7,751 54,337 Mountain City Cop Co cap..5c No par value. 6% 6 37% 48 4% Sale 14c 15c 1.55 Sale 37 >1 38% 5c 10c 24% 20 4% 10c 80c 15c 1.00 2754 5c 22 25 26 3 3 51 451 4% 7c 2.50 7 3% 8 8 Sale 4% 4% 41 2% t Odd lots. Aug. 1 Aug. 29 Aug. 6 2551 Aug. 13 5c Aug. 19 2251 Aug. 10 2451 Aug. 23 10c 24 4 8c 80c 2854 5 12c + Formerly Bancatnerica Blair Corp. 2254 251 35 4 55 X 2154 251 Sal lie 5 Sale 7c 9c Aug. 10 551 Aug. 22 11c 6 90c 7 Aug. Aug. 2751 Aug. 5c Aug. 2251 Aug. 2451 Aug. 8c Aug. 4251 351 39 Aug. 17 251 Aug. 13 39 3 2051 June 6 254 May 14 8c Aug. 29 75c JuDfl 22 2451 July 19 10 23 5c 19 % 8X 42 3 June Aug. 13 Aug. 22, 22 3 54 451 6c 6 16 Feb. 13 June 14 May June June May 251 July 751 May 21 25 12 16 24 14 Aug. 17 251 May 21 39 7 Apr. 3851 Jan. 451 Apr. 9 4 5 16c Jau. 1.55 Jan. 10 2 3551 Mar. 23 5c Feb. 13 2551 Feb. 17 35 May 9 5 May 20 851 Apr. 1 12c 4 Jan. 4 Feb. 23 951 Mar. 8 5554 Jan. 2 451 Apr. 10 SAN FRANCISCO STOCK EXCHANGE 64 aggregate sales SAN PRICES IN AUGUST FRANCISCO STOCK EXCHANGE Since August Jan. 1 Shares 290 160 795 284 23 63 STOCKS 5,594 3,118 12,466 4,080 _ * Nor Amer Aviation Inc cap—1 North Amer Co common 10 19 ** 858 Oahu Sugar Co Ltd capital—20 300 n 339 1,835 1,031 C 5H % 13,143 8,145 1,325 6% preferred 100 12,746 Standard Brands Inc com.—* 1 33,441 Studebaker Corp common Sunset-McKee Sales book Co— 100 Class A common .* 76 Class B common.. * 56 835 807 Superior Portland Cement— 125 Class A preferred * 263 Class B common * 85 Taylor Milling Corp com * 3,767 Texas Corp common 25 200 Texas Gulf Sulphur common..* 77 Title Guaranty Co cum pref.. * 8,892 United Aircraft Corp cap 5 2,943 United Corp of Del common..* 24,180 U S Petroleum Co capital .1 32,877 U 8 Steel Con) common.—.—* 8,380 Utah-Idaho Sugar Co com.. 208 Vica Co common 25 3,413 Warner Bros Pictures com 5 1,680 West Coast Life Ins Co cap...5 600 Western Pacific RR com—100 ... 85 346 545 10 4,810 1,825 200 ""120 200 No par O 3 3% 5 8% Sale Sale 28 ** 33 65c 6 9% 1.00 e% 9% 34 H 5c 6 20c 6% 7% 0% 19 1.30 3% 1% lc 26% Aug. 15 Aug. 16 29 Aug. 24 30 5c 25c Aug. 28 6% Aug. 21 734 Aug. 3 Sale 8% 1.25 Aug. 19 6 334 Aug. 20** Aug. 1 734 Aug. 12 4% Aug. 24 3 Aug. 6 4% 2434 8% 27% 3034 29 Aug. 7 Aug. 23 Aug. 7 Aug. 1 Aug. 1 Aug. 24 20c Aug. 23 634 Aug. 31 734 Aug. 9 10 45 46 32 34 20 15"' "20" 16" "20"' 48 .2 ** 36% 1% 39** 14 W4 33 40 9 13 37% 38% 35% 434 June 4 19 June 26 14% May 14 20 July 18 June 15 7*& Aug. 7 3534 Aug. 26 36% 7H Aug. 7 3534 Aug. 26 90c Sale 53% 54% iTa 25c 2% 6% 2% 7% 50c 5c ax jx 90c 75c 85cp 75c 54% 55 51 Aug. 5 Aug. 16 1 Aug. 13 Aug. 1 54% Aug. 30 1 Aug. 13 6% Aug. 30 6% Aug. 30 l>/* 25c 2 6% 5c 1 1 Aug. 21 39 July 26 3 May 10 234 Apr. 15 16 % June 10 7 34 June 3 434 May 24 2.75 Aug. 20 2% Sale 4 Jan. Mar. 11 Apr. 16 Apr. 4 12 Jan. 3 734 Apr. 434 Apr. 3 9 11 _ June 10 1834 June 7 May 24 May 26J4 May 25 May 31 May 10 21 22 21 21 16 Apr. 22 Mar. 2 Jan. 6 May 3 Apr. 27 2934 Jan. 4 3434 Feb. 17 3 June 534 2534 1234 3034 3034 5c Aug. 28 1.10 Mar. 734 Apr. May 22 534 May 22 1234 Feb. 15 2034 July 29 9 May 8 2134 Feb. 9 May 5 8 31 44 Mar 5 1 6 5 May 25 May 734 Aug. 353-a Aug. 26 2I Jan. 24 55c May 22 4234 May 21 1 May 21 Feb. 16 2 May 14 4 Jan. 20c 50c Jan. 16 1.50 Mar. 1 4134 434 234 2334 20 June 50c 1.00 734 Feb. 15 9 Apr. 9 Feb. Jan 4 Mar. 4 Feb. 26 26 2634 23% 2334 634 25 27 10 17 May 21 39 June 17 134 May 18 40** 1 6 June 34 37% 2% 6 334 July 8 9 50c Aug. 7 % Aug. 11* 33 25c 7 9 9 4% Aug. 22 24% 8% 27% 30% 15** 4 Aug. 10 3J4 Aug. 2 20% Aug. 1 7% Aug. 12 4% Aug. 24 2.75 Aug. 20 26 5 43 3% 4% 17 Aug. 3% Aug. 24 3 40** 11** 8% 3** 16 1.00 Aug. 21 5 2% 6% 7% 1 4% Aug. 1734 Aug. 22 18 10 8% 26% 29% 28% 32%' 1 19 25 11 a* Highest Sale Prices 3 % Aug. 3% 1% 21% 27 1.10 1.20 66 % Sale 1% 50c 1.00 Lowest Sale Prices 43 18% 6j \% 15* 47 2% Highest Sale Prices 15% Aug. 14 4 1.00 j% 23 25 17 21% 15 26 P Lowest 4% Aug. 5% 22% 17% 20% 1VA 8k 4 25 preferred 19% 15% Sale 4% 21** B 6% preferred ....25 170 Sou Calif Gas 6% pref 25 Sou Pacific Golden Gate Co— 360 2 15 — ¥ 38 3% 4 * * 62 Santa Cruz Port Cement com 50 3,709 Schumacher Wall Board com Preferred ^ 2,508 2,403 Shasta Water Co common—* 35,094 Sou Calif Edison common—25 """140 43 3% 774 Pioneer Mill Co Ltd capital.20 16,522 Radio Corp of Amer com 3,461 Riverside Cement (Del) A 38 18 6.336 Pennsylvania RR capital—50 100 573 170 50c T 2k 15% 3 % 781 Pacific Portl Cement com... 10 248 6%% preferred —100 11,449 Packard Motor Car Co com..* 430 Park Utah Cons Mines com__l """380 * 4% Sale 21** 20% 16 X 17 X Nash-Kelvtnator Corp cap—6 Nat Distillers Products com. Ask Ask Bid Bid Bid 748 Olaa Sugar Co Ltd capital..20 145 Onomea Sugar Co capital—20 """735 1 Sale Prices Aug. 31 Aug. 1 1940 Par Shares "'"2l0 RANGE SINCE JAN. Price Jan. 2 In 3 5 Mar. 1334 Jan. 12 7 7h Aug. 4634 May 10 3434 Jan. 25 20 Jan. 6 5134 Apr. 15 4 234 Apr. 1.15 Jan. 4 2 6634 Jan. 134 Apr. 18 50c Feb. 16 434 Feb. 19 934 Apr. 30 48c May 29 value. Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock 1940 Sales Shares- August Jan. 1 to Aug. 31 Bond 1939 314,818 3,124,131 Sales 1939 1940 August.. 338,062 3,098,365 Jan. 1 to Aug. 31 aggregate Since August Jan. 1 Shares Shares 1,155 16,310 "2",290 Ho 1,050 PRICES IN AUGUST LOS ANGELES STOCK EXCHANGE sales In STOCKS 1940 Par a50 Assoc Gas & Electric A.——.1 1 23,213 Bandini Petroleum Co— a25 Barker Bros common.———* 679 5%% preferred 50 1 7,259 Barnhart-Morrow Consol 240 965 367 347 Warrants.. 200 20 99 208 1,035 480 3,002 3,988 300 896 680 100 30 1.200 3,700 3,000 4,700 1,290 2,942 2,464 * Buckeye Union Oil Co com 1 Common vot trust ctfs Preferred 1 Preferred vtc 1 Byron Jackson Co ....* California Packing Corp * Central Investment Corp. .100 649 Chapman's Ice Cream Co * 8,659 Chrysler Corp. ..6 9.201 Consolidated Oil Corp....—.* * 15,417 Consolidated Steel com Preferred .....* 21,035 1 7,537 Creameries of America v t c 3,579 14,698 7,536 30,980 1,385 3,729 9,732 36,686 1,424 7,070 9,321 20.850 1,007 1,400 a20 1,940 100 745 149,969 972 2,744 500 8,979 """266 J 5c 30c 37c 2% 1% 38c 4% 2% 2% 75c 5% lc 15 4c 5c 2c 2c 16 24% 25% lc lc lc 10 11% 97 %c 1.75 89 % 90% 7% 7% 5% 5% 10% 10 % 5% 5% 10c 3c~ lc 4c 2c ale 3c 10c lc 3c 2c 8c 2c 6c 2c 6c 11 13 11 12 18 16% 17 M al6% Aug. 10 11 Aug. 12 1 74 6% Sale 5% Sale Sale 12 2 lc 2% Aug. 1 23% Aug. 13 10c Aug. 6 1% Aug. Aug. 30 57**c Aug. 4% Aug. 13 12 16 2 5% Sale 10 90c 75% 12 22 30 29 "72** 9% 9% 33c 410 9% 1% 8% 1 46 6% 32 5% 14% 9% 15% 28 5 13% 8% 14% 29% * 31 60c 55c 5% 6 1% 12c 30c 45c 4e 52%c 4% % 3% % 2% May 21 60c ale 11% Aug. Aug. 12 Aug. 15 all** Aug. 8 al6M Aug. 12 10 Aug. 8 76% c, w Sale Aug. 6% Aug. 4% Aug. 11 Aug. 5 Aug. 13% 5% 72% 73% a68 V* ■18* 385 5 1 6 47% 4% 30 5% 5 8% 15% 30% 52%c 3% Jan. Apr. 2c 3c Jan. 2c May P May 8% May 30c 393 9% 1% 7% 48% c w Sale 74. Aug. 10 6% Aug. 1 6 Aug. 31 13 Aug. 30 5% Aug. 1 9 9 29c 390 Aug. 15 a70% 2 9% Aug. 9 Aug. 29c Aug. 390 Aug. Aug. Aug. Aug. Aug. Aug. 21 30 13 12 13 46 % Aug. 23 30 47% Aug. 30 30 Aug. 31 5% Aug. 9 14% Aug. 7 60c 6 May 3% May 7 May 4 6% 87% 8% 7% 25c 375 6% 38% 4% 32% 3% al4% Aug. 16 al5** Aug. 28 30** Aug. 15 30% Aug. 21 55c 55c Aug. 9 Aug. 9 5 4% 62%c Aug. 20 62%c Aug. 20 45c 12c 10c 3c 2c 4 40c 2% 4% 42c Sale or 10** 4% 45c 2% 50c Sale 12 7 Sale 27** Sale 5 41c Sale 50c 2% Sale 5c 25c 5c 30c 39c 45c 5c 39c 40c 3c 5c 3c J* 6 Apr, Apr 19 19 May 15 Feb. 1 8 8 9 6 7 7 56 6% 32% 6% UH 9% Aug. 1 11 Aug. 13 Mar. Jan. 9 ** J an. 8% Jan. 11c Aug. 3 23% Aug. 14 3% Aug. 6 47c Aug. 30 2% Aug. 17 43c Aug. 21 25c Aug. 27*i Aug. 5 Aug. 47c Aug. 2% Aug. 43c 22 31 27 30 1 Aug. 21 7c Jan. 23% June 3% May 39c 9 26 Mar. 3 Mar. 21 Jan. 16 Jan. 3 Jan. 4 Apr. 8 Aug. 30 Apr. 8 June 7 Jan. 2 8 Apr. 18 Jan. 12 Mar. 13 Apr. Apr. Apr. Apr. Aug. 9 Mar. Jan. Apr. 12 80c Jan. 8 6% Mar. 11 8IMC 3c Apr. 6 Feb. 14 Mar. 27 12% May 6 8% Jan. 22 Aug. 22 41** Apr. 16 25c 10 oiX Jan. 60c 9 9 Mar. 15c Apr. 60c May 6c Mar. 29 Jan. 9 Jan. 10 June 1% Jan. 15c 40c 3c Jan. Jan. Jan. 43c 405 10 June Apr. May Aug. Aug. 12 Apr. 27 Apr. 22 88% Apr, 30 10% Mar. 14 June 5% Apr. 50c July lc 21c 9\% May May May 5c Sale 6% lie 26% Sale 3% 4 Apr. May May May May May June 3c , June 27 10c 9c June 14 lc 4% 12 9% Jan. 9 32 57% May 7 Aug. 31 4% Aug. 15 5% 5% % 5 Aug. 22 16 l\x 26 Jan. 70 13% 5% 27c 2c lc 3c 9% Mar 2% Mar. 1 Apr. 5% June 3c 2c 7c 9c Sale 4% Jan.M3 30 12c 45c 6c 3 Aug. 15c 10% 8% 3 3% May 29 July 27 15c 2c 2c 7c 32 20 29 15 15 15 16 Feb. 24 3% June 10c 9% 7% July 24 Aug. 19 22% May 10c Apr. 25c Apr. 6c May 1% May 1% Aug. 1 6 6 a 2c Aug. Aug. 17 10 85c 73 1 2 6c 2c lc 2 Aug. Aug. 2% Aug. Aug. 12c 9 " lc 6 1 3,800 Merchants Petroleum Co 6,025 Mt Diablo Oil Ming & Dev...1 1 21.400 Nordon Corp..... 23 % "\% 45% 4% 75c 65t 26 Aug. 13 Aug. 19 1% Aug. 1% 1% 2 1% 1% Aug. 1% 97 %c 57 %c Sale 50c 57**c Aug. 4 3% Aug. 4% 3% 4% 390 5 1,815 6,500 10c 11,000 Jade Oil Co 1 3,527 Lane-Wells Co 100 Langendorf United Bakeries B * 290,898 Lincoln Petroleum Corp... 10c 44,220 Lockheed Aircraft Corp.....1 16,218 Los Ang Investment Co....10 11,075 Mascot Oil Co..............1 ._—.....1 600,600 Menasco Mfg Co For footnote0 see page Highest Sale Prices 2% Aug. 3% 5% 24% 12c 29c * Goodyear T & R Akron com—* Hancock Oil Co A .....—* Holly Development Co 1 Holly Oil Co ...1 Hudson Motor Car Co * Hupp Motor Car Co. 1 Intercoast Pet Corp 50c lc Lowest Sale Prices lc 10c 15c 15c 12%c 37 %c 12**c 37 %c 71% 8% 8% 2.50 ... 5 25 Highest Sale Prices 2 14c "2% Lowest 7 25 Gladding McBean & Co....— * Globe Grain & Milling Co—.25 Golden State Co 2% Ask Sale 50c Sale 9 10 Douglas Aircraft Corp * Electrical Products Corp.....4 Emsco Derr & Equip Co.....5 Preferred Sale 2!* ?i& 18c 10c 220 General Metals Corp.....2.50 27,349 General Motors Corp. 10 * 345 General Paint common 200 1 Sale Prices Aug. 31 Ask Bid . 2% Exeter Oil Co A _1 336 Farmers & Merch Nat Bk—100 1 4,929 Fitzsimmons Stores Ltd ""loo '""92 1 Bid 11c 12c ...... ol20 Foster & Kleiser Co 2,493 Aug. 1 Ask 12 %c 50c 4% Sale — 862 District Bond Co ""21 1 96,972 t Blue Diamond Corp.......2 17,933 Boisa Chica Oil Corp A 10 B common 10 2,456 6,272 Broadway Dept Store com * al7 2-5 Brock & Go_ l",666 Bid 7,278 Aircraft Accessories Corp.-50c Rights 17,460 2,785 Berkey & Gay Furniture Co 6,105 RANGE SINCE JAN. Price Jan. 2 May 4** May Sept., 1940] In August Shares Shares """loo 250 """790 225 879 STOCKS —-1 8c 18c Bid 5c .........1 43c 48c 30c 5 4 Occidental Pet Corp Oceanic Oil Co * Pacific Clay Products Pacific Distillers Inc Pac Finance Corp 310 Preferred A 270 Preferred C 1,050 8 300 6,894 100 1,914 2,285 110 52 30 '""232 1,780 100 3,438 291 2,533 2,585 "r~484 1.765 5,146 50 80 185 6.070 202 6,313 925 3.071 1,515 100 ""'ioo 3,000 5,000 1,000 400 1 common--10 10 10 25 12,735 Pac Gas & Elec Co com 1st preferred 6% 4,922 25 2,637 5H% 1st preferred 25 6,393 Pacific Indemnity Co—-- —10 10,535 Pac Lighting Corp com 8.000 108 119 1,208 911 199 478 100 1,505 ""845 230 145 530 447 100 2 50 35 532 97 365 670 135 1,827 225 ""210 683 145 60 ""319 103 248 300 535 300 50 1,259 1,468 139 326 470 215 48 150 729 1,841 175 451 806 100 306 337 1,350 120 102 154 333 269 151 601 415 500 1,317 280 215 522 * 903 Pacific Public Service 231 1st preferred — —* Ask Bid tic* ii* mining stocks— 1,327 Alaska Juneau Gold M Co.-10 68,900 Black Mammoth Cons M ColOc 83,500 Calumet Gold Mines Co—10c 10,000 Cardinal Gold Mining Co—-1 Cons Chollar G & S Co.——i Imperial Development Co—25c Prince Cons Mining Co 10c Zenda Gold Mining Co—25c 6c 16c 34c1 38c 3k 10c 37 39 38 k 40 20 21k if" iF 19 5k 18 35 20c 13c 8 7k lk 1k 7 k Sale 5k 47k k 30 32 12k 13k 8c 2c 27 Sale 24 31 11c 8 * 35 lk 9k 4k 43k 29 8k 44k 44 32 30 lc 23 k 21 3 44 Sale 45 Sale Sale Ik 2 33 35 8k 6 k 9k Sale 16k Sale 15k 15k 8k 9k Sale 5 2k 4k 16 2k 5k 18 25 7k 8k 4 k Sale 17k 18k 12k 13k 7k 8k 7k 8k 9k 7k lk 4k 16 2k 3k lk 6k 6k 4k 47 Case iJ I)__ 8,379 4,053 7,812 8,153 1,063 40,598 4,599 3c 7c 3c 9c lk 2 lk 2 2k 1c. 28c 38c 2kc Sale lc 1 Studebaker 447 Superior 4,857 3,846 2,878 3,681 5,515 6,038 2,075 4,785 27,117 4,108 1,807 9,013 No par value. Corp .... Oil Corp (Del)— Swift & Co-.-. * ffs 1 9k .1 —.25 Texas Corp Tide Water Assoc Oil Co„ Union Carbide & Carbon 25 . 10 .* United Air Lines Trans Corp.-5 United Aircraft Corp........5 United Corp (Del) U S Rubber Co U S Steel Corp Warner Bros Pictures 2 21k 45 k 10 k 86 k —* 15k 47 k 2 k -.-.10 40 k .... * 5 Westinghouse Elec & Mfg—50 Willys-Overland Motors Inc-.l 0 19H 22 k sis 66 k 3k 116k 9 70 k 16k 36k lk 19k 53 k 2k 99" 2 50c 27 k 2k 28 k 25k 41k 4k 3 12k Sale 20 k 5k 6k 3k 5k Sale 20 k 19k 8 7k 5 4k 17k 17k 13k ¥ky* 76 76 k 8k 8k Ilk Ilk 6 k Sale 32 k 33k 7k lk 18k 37 k 19 16 16 1 23k Aug. 19 Aug. 16 7 6k Aug. *8iy* Sale lk 19k 38k 9k 71k 17k 37 k 2 20 k 54k 2k 100 k 2k 12k 17 19k 7 32 k Aug. 1 8k Aug. 31 18 k Aug. 2 alk Aug. 13 a24 Aug. 20 7k Aug. 26 4k Aug. 1 Aug. 30 Aug. 17 Aug. 19 17k Aug. 30 12k Aug. 5 7k Aug. 23 32 k Aug. 7k Aug. 16 17 k Aug. 16 alk Aug. 13 9 Aug. V4 Aug. Aug- 4k 17k 12k 6k 26 8k Aug. 7 Aug. 4k Aug. 9k Aug. 31 7k Aug. 28 4k Aug. 5 4k Aug. 30 4k Aug. 30 6c 8c 2c 2c Aug. 13 Aug. 16 5c Aug. 21 lk Aug. 2 Aug. 7 Aug. 16 5c Aug. 21 1 k Aug. 2 lkc Aug. 6 lkc 21 Aug. 6 a7k Aug. 28 19 a39k Aug. 30 16 al62k Aug. 1 17 19 19 k Aug. 17 a4k Aug. 30 14 al6k Aug. 2 20 8 16 27 16 16 7 27 15 7 20 29 13 21 5 15 7 9 21k Aug. 2 4k Aug. 21 15k 7k a30k 74 k 15k a3k a46k a44k a5k 5k a9k lk 3k al8k 8k a25k 5k 15 33 k 19 a41k 28 allk 6 Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 30 16 29 16 16 21 27 15 30 30 31 30 28 30 31 24 Aug. 6 Aug. 2 Aug. 13 Aug. 21 75c 28 k o22k Aug. 16 o27k Aug. 26 2k 2k Aug. 21 2k Aug. 21 28k a25 1 Aug. 16 a27 k Aug. 26 k 25 k Aug. 29 42$ 39 k Aug. 16 3 4k a4k 3k 13 k 10k 15k 17k 20k al8k 6k 6 3 k 5k 3k 3k 5k al9k 7k 4k 16k al2k a74k 8k 5k 20 k 21 7k 4k 17k 12k 80 k 7k 5k 17k $ 13U 80 k 8k 12k al2 6k 6k 35k a33k Aug. Aug. Aug. Aug. Aug. Aug. Aug, Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. Aug. 27 20 14 14 19 2 24 1 1 14 22 27 15 12 16 2 31 1 8 8k 7k 7 1 8k Aug. ,7k lk lk Aug. 26 lk 19k al8k Aug. 13 18k 35 k 36k a34k Aug. 15 9 9 9k Aug. 9k 74 k a67k Aug. 19 73 k 16 k Aug. 31 16k Sale 40 k 34 Aug. 14 39 k 2 2 Aug. 22 lk 18 19 k 19k Aug. 13 52 k Aug. 26 55 2k 2k Aug. 12 101k 102 k a95k Aug. 13 lk Aug. 14 2k lk 25k Aug. 41k Aug. 3 Aug. a4k Aug. 12k Aug. 16k Aug. 020 Aug. 6 Aug. 3k Aug. 5k Aug. 021 Aug. 7k Aug. 4k Aug. 17k Aug. 013 k Aug. 080 k Aug. 8k Aug. ol2 Aug. 6k Aug. a34 k Aug. 8 29 6 27 20 30 1 5 2 24 1 31 22 30 2 31 30 15 31 1 30 Aug. 9 lk Aug. 26 al9 Aug. 10 035 k Aug. 27 9k Aug. 15 o72k Aug. 29 16k Aug. 31 36k Aug. 9 2 Aug. 22 20 k Aug. 5 53 k Aug. 30 2 k Aug. 12 olOlk Aug. 2 2 Aug. 12 Odd lots, t Name of Los Angeles Industries. Inc.. changed to Blue Diamond Corp. $9 as of Aug. 22. and Milling Co. ex-dividend lk May 22 30 May 21 14c Mar. 29 6 May 62kcMay 7k Jan. 3 k May 18 13 12 15 as Sale Prices 30c Feb. 21 47c Feb. 5 4k Apr. 24 10c Jan. 13 k Apr. 34k Mar. 27 18 34 k Apr. 31k Jan. 39 k Apr 49 k Jan. 6 Jan. 8 Jan. 52k Apr. 12 15 22 25 14 28 28 27 22 21 16 20 21 10 13 28 4 24 May 21 19 6 k Aug. 15 12 5 17 30 18 Apr. 30 lk May 23 4k Jan. 6k J ly 4 k Aug. 2 May 4k Aug. 5 2 20k Feb. 19 33 k May 28 22 8 23 19 28k May li 2k Jan. 5 40 k Apr. 9 17c May 11 8k Jan. 3 lk Jan. 11 10 Apr. 6 7 Apr. 24 26 May 8k May 2c May 20 k May 24k Jan. 2 k May 4 k May 23 k May 38 k May 27 k May 24 k May 34k Jan. 30 May 7 May 17 k June lk May 21 May 7 k June 4 k May 16 16 12 k Mar. 15 10 July 11 50k Mar. 30 7 k June 21 6 i!B 348 '"i 3 k Aug. 6 k Aug. 27k Aug. 45 Aug. 30 k Aug. 29 Aug. 28 6 12 21 6 June 17 Jan. 30 8 k May 3c Jan. 31 9 Mar. 21 24k Jan. 4k Apr. 7 Apr. 30 k Apr. 46 k Jan. 30 k Jan. 29 k Jan. 34k Jan. 34k Jan.! 15 8 4 21 k Jan. 25 15 8 15 12 2 4 16 9 3 26k Jan. lk Apr. 36 10 7 9 19 Jan. 20 Jan. 4 Mar. 14 17k Jan. 8 15 k Jan. 3 9k Mar. 27 14 Apr. 16 7 k July 31 6 Feb. 20 3 k Jan. 22 7 Mar. 28 18 3 Apr. 30 Feb. 2 4 k May 22 6 k Apr. 6c June 10 14 kc Jan. Jan. 9 2c Jan. 6 June 27 1 May 18 Feb. 26 2c 7 19 14 a5k Aug. 17 18 k Aug. 30 2 Aug. 2 a31 Aug. 21 al5c Aug. 19 8 k Aug. 27 1 Aug. 19 10k Aug. 9 4k Aug. 2 21 Jan. lkc 19 k * —25 1 21 3 2$ fill 17 22 38 k Aug. 5 38k Aug. 27 15 11 31 25 25 29 lkc 2c 16k 5 7 12k Mar. 10 July 26 k May 29 May 26 k May 30 May 37 k May 4 May 20k Mar Jan. lkc 12 Aug. 14 9 k May 20 28c 25c 2k 27 k 24k 41k 2k 4k 29 14 o33k Aug. 10 29 k Aug. 8 Feb. 28 June 4 3 k July 12 7c June 21 kc 15c 21k 17 29 26 Aug. 16 44 Aug. 16 29 k Aug. 28 28 k Aug. 1 a5k Aug. 7k 7k 38 k 39k a34k Aug. 161k 162k al54 Aug. 22 19k Aug. 21k a4 4k Aug. 4k al4k Aug. 17 16k 22 k 21k 21k Aug. 5 4k Aug. 2k 15 k 16 k 14k Aug. 8k 7k Aug. 30k 31k a29k Aug. 80 k 74k Aug. 79k 15 k Aug. 17 17k 3k 4k a2k Aug; 49 a46k Aug. 51 a44k Aug. 46 47 6k a5k Aug. 5k 5k 5k Aug. 5k 10 k a9k Aug. 9k lk lk Aug. ik 2 k Aug. 3k 3k 18 k al7k Aug. 17k 6 k Aug. Sale 27 A 27k a23 k Aug. 6 5k 5k 5k Aug. 32 k Aug. 34 k 33 k 42 k o39k Aug. 41k 12 k allk Aug. Ilk * Standard Brands Inc Ilk Aug. 30 25c 29c Highest lc 30c — Standard Oil Co (N J) Stone & Webster Inc 2c 20c Goodrich (B F) Co * Aug. 13 4 2 10c —1 15 * 4k 20k 4k 4k 7c 8kc 10 Socony-Vacuum Oil Co Southern Ry 18 " 4k —5 25 .100 * 635 Seaboard Oil of Del Sears Roebuck & Co sb lc * 430 Graham-Paige Motors Corp-.l —* 4,798 International Nickel Co —* 3,630 International Tel & Tel.. * 5,398 Kennecott Copper Corp * 3,490 Loew's Inc * 4,881 Montgomery Ward & Co Mountain City Copper Co..5c 2,000 .5 3,167 McKesson & Bobbins Inc --* 15,412 New York Central RR--1 19,969 North Amer Aviation Inc —10 6,156 North American Co Ohio Oil Co * 3,747 * 15,450 Packard Motor Car Co Paramount Pictures Inc 1 3,089 50 4,179 Pennsylvania RR Co--—* 1,557 Pure Oil Co * 11,003 Radio Corp of America * 37,591 Republic Steel Corp 5,364 9,087 1,221 9,682 4,592 2,123 18,860 8k 4k 17k 12k Sale 9 7k 9 7k 9k Sale 7k Sale 2c 5c 38c a23 24 13c 5 646 Electric Bond & Share Electric Power & Light Corp.* General Electric Co. * General Foods Corp. * 2,119 9,615 4,683 3,508 A" lc -1 Class A 32 k 33k 8 k Sale 18 k Sale lk 8c 13 5 Corp 34 lk Columbia Gas & Elec Corp—* Commercial Solvents—— * Commonwealth & Southern-.* Continental Motors Corp 1 Continental Oil Co (Del). 5 Curtiss-Wright 32k lk —....5 Bethlehem Steel Corp (Del)--* 2,194 Caterpillar Tractor—— 580 Cities Service Co. 29 lk 4k Bendix Aviation Borg-Warner Corp Canadian Pacific Ry 28 k 2k 4k 18 45 30k 4 Copper Mining—50 5 Fe By—100 Atlantic Refining Co 25 Aviation Corp (Del) 3 Aviation & Transportation 1 —— . Sale lc 2k kc 10 k Aug. 28 Aug. 5 Aug. 28 Aug. 5 23 k Aug. 12 kc 15c kc 4 8c 25 30 6 Armour & Co (111) Atch Top & Santa t c lc nH Sale Sale Sale 32k 34k 32 k Sale 8k 8k 18 k Sale lk lk 4?4 38c a4lk Aug. 16 a44k Aug. 27 31 31 Aug. 28 Aug. 28 31 a7k Aug. 20 a7k Aug. 20 8k 3k Sale 4k 6k 30 k 28 k 23 Lowest Sale Prices 45 23k 3k 6k 15 Highest Sale Prices 21 27 k 25 k t Lowest Sale Prices 29 k 28 k Aug. 33 k a32k Aug. 29 k Aug. 30k 41 38 k Aug. 39 k 38 Aug. 4k 17k 6k a5k Aug. 18 19k Aug. 2 lk Aug. 35 a31 Aug. 25c al5c Aug. Sale 7k Aug. 1 1.50 Aug. 9 9« Aug. Sale 4k Aug. 8k 8c 5 ----- 8k 4k Sale 27 Sale 29k 29k 33k 34 k Sale 75c 8k Sale 30 k 14c 8 k 8k 4k 29 k "~6k ""7k 31 25c Sale Anaconda v 37k 38k 4k 16k 5k 18k lk 6k 20k Am Smelting & Refg Co——* American Tel & Tel Co 100 Baldwin Loco Works Barnsdall Oil Co 9k 28k 32 k 29 5k UNLISTED STOCKS— 3,743 Amer Had & Stand San..—..* 2,380 14,559 12,416 4,667 8,043 1,491 15,115 1,840 11,372 2,032 4,913 8,223 5,371 1,011 8* Ik Sale 2k 4k 15c Ilk lc 11 30 k 33 k 29 k 6 46 16c 29 k 32 k 28 k 49 k Sale 11,835 Puget Sound Pulp & Timb Co-* 24,479 Republic Petr Co Ltd 1 554 5k % Preferred A -50 1 25,620 Rice Ranch OU Co... 47,872 Richfield Oil Corp common--* Warrants 4,168 2 20,751 Roberts Public Markets 110,603 Ryan Aeronautical Co 1 - 35 k 35 k 48 k Ask 40c 9k 34 34 k 31 k 7k . 5c 10k Aug. 31 Ask Bid 12 10 33 k 12 k 1,846 Safeway Stores Inc.... --* 2,293 Security Co units — 963 Shell Union Oil Corp 5,000 Sierra Trading Corp--_---25c 4,484 Signal Oil-Gas A * 100 B common— —-* 1 30,930 Solar Aircraft Co 7,225 Sontag Chain Stores 25 52,574 So Calif Edison Ltd com 1,011 Original preferred 25 35,592 6% preferred 25 26,083 5k% preferred.25 1,171 So Calif Gas 6% pref———-25 8,973 6% Series A pref.-—--—-25 34,591 Southern Pacific Co.-—-.-100 57,259 Standard Oil of Calif———* 350 Sunray Oil Corp 6,633 Superior Oil Co common 2d 3,774 Taylor Milling Corp--—--* 102,778 Transamerica Corp -2 Sest Air.* 213 Transcontinental & 91,625 Union Oil of California——25 Universal Cons Oil Co— 10 11,531 967 Van de Kamps Bakeries * —1.50 138,447 Vega Airplane Co 1 3,335 Vultee Aircraft Inc..— 637 Weber Showcase & Fix pref * 8,655 Wellington Oil Co —1 877 Western Air Express Corp. - .1 100 Western Pipe & Steel Co 10 4,551 Yosemite Portl Cement pref 10 22c 12 33 k 30 k 468 Pacific Western Oil.— —10 6,685 6.000 2,100 18.534 Aug. 1 1940 Par 4,600 21,260 3,910 5,600 15,599 ' 15 300 RANGE SINCE JAN. Price Jan. 2 _ 471 74 328 65 exchange PRICES IN AUGUST los angeles stock exchange Since Jan. 1 stock angeles los AGGREGATE SALES 23 29 2kc June May if Apr. May Apr. Apr. 19k Apr. 12 k Apr. Apr. Apr. 24* Apr. Apt. in It* 51 Apr. 22 5 k Ju.y 10 June 11 July 30 May 22 May 14 May 17 6 k Aug. 15 24 k June 20 5 k May 13 4 k June 17 51k 5k 7k 16 k lk 4k 20k Ilk Apr- 17 Mar. 8 29 Feb. 7 8 Jan. Jan. Jan. 3 8 27 May 21 40 May 14 9 47 k Feb. 16 k May 1 Jan. 4 20 k June 26 2k Aug. 21 24 k July 5 June 5 June 28 May 21 June 24 15 k 16 k 5k 2k 5k 19 k 7k 4k 14 k 11 k 68 k 7k 14 5 30 8 22 14 11 22 15 17 19 22 20 21 21 13 21 13 22 June 3 8 14 13 15 10 9 16 25 8 4 Jan. 24 July 31 Apr. 8 Apr. 5 June 28 Feb. 2 41 May Aug. June May May May July Aug. June May May June May May May 2 31k Apr. 10 7k Apr. 22 July June 4k Aug. 3 k June 13 May 7k Aug. 25 k June 68 k July 15 k Aug. 5k Feb. 4k 9k k 2k 20 k Jan. 10 Jan. 11 47 k Jan. 15 174 k Mar. 12 5k May Juiy May 35 k 148 19 4 15 20 k 15 17 9 kc" May 2 k Jan. 3 kc Feb. 26 35c Mar. 26 20k Apr. 1 Jan. 8 11 19 4 4 4 38k Jan. 4 k Jan. 5 38 9 Apr. 35 k Feb. 6 47 k May 2 4k Apr. 12 7 k Mar. 30 18k Jan. 3 26 Apr. 9 23k Apr. 6 7 k Apr. 17 ... 4 Mar. 11 8k Apr. 4 24k Jan. 5 9 Jan. 5 7 k Apr. 23 k Apr. 3 8 Ilk May 21 87 k Apr. 6 12 k Apr. 5 17k Jan. 26 7k Jan. 18 4 45k Jan. 12 Jan. 5 k May 20 12 k Feb. 20 lk Aug. 26 2k Apr. 9 23 k Feb. 28 47k Apr. 4 18 July 22 June 5 38 k July 15 8 k June 3 63 k June 12 12 k May 21 34 k July 29 lk May 15 18 k July 45 13 May 20 16 11 11 Jan. 3 82 k Feb. 29 23 k Apr. 15 51k Apr. 17 3 2k Jan. 38 k Feb. 9 65 9 Apr. 2 k May 4k lkMar. 13 3 k Apr. 22 of March 26, 1940. Apr. 4 t Globe Grain Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Stock Sales August 1940 Shares_ Jan. 1 to Aug. 31 AGGREGATE SALES 1939 28,089 522,510 Since August Jan. 1 1940 Bid STOCKS 5,579 Allegheny 41 505 Ludlum 10 1,195 100 100 20 20 "'862 2,648 100 5",220 89 7",977 1,350 Sale 11 Sale 124* Sale ♦ Preferred 25 '875 10 —- - 54* Sale 25c 1 Preferred 44*%-.-. 5 50 * : * 100 com 6X 16 11 17 114* Sale 14 14* Sale 134* 114* 45* 50c 1 18 * 80 Mc<\inney Mfg Co 1 71,944 Mountain Fuel Supply 10 14,040 Nat Fireproofing Corp com.-* 675 National Radiator Corp. 10 260 Penn Federal Corp common..* 22 Aug. 1 Aug. 28 74*Aug. 9 74* Aug. 14 64* Aug. 27 84* Aug. 5 7 Aug. 16 14 Sale ----- 154* 14* Sale Sale 54* Aug. 22 54* Aug. 19 794* Aug. 15 25c Aug. 2 1 Aug. 2 18 Aug. 10 6 Aug. 5 54* Aug. 16 794* Aug. 15 25c Aug. 2 1 Aug. 2 18 Aug. 10 54* 113 Jan. H,8 Jan. 13 104* 54* *15* 3,019 Pittsburgh Oil & Gas 5 3,817 Pittsburgh Plate Glass 25 6.025 Pitts Screw & Bolt Corp.—..* 340 Pittsburgh Steel Foundry * 4,530 Renner Co 1 470 Keymer & Bros common * 1,488 liuud Mfg 5 43,949 San Toy Mining 14,790 Shamrock Oil & Gas Preferred.. 14 114* Sale" 124* Aug. 23 104* Aug. 16 5 Aug. 15 14* Aug. 1 134* Aug. 7 12 Aug. 2 5 Aug. 15 14* Aug. 8 240 U ui ted S ta tes G lass 622 Voting trust certificates 2.939 Vanadium Alloy Steel 500 9.770 Victor 84 10 Sale 104* 5 Sale 15* Sale 74* 6 4* 15* IX 324* 54* Sale 31 77 30 26 30 80 81 85 9 94* 6 64* Sale 90c 9 64* 75c 94* Sale 80c 78 8 Aug. 6 Aug. 14 54* Aug. 13 Aug. 21 75c 81 Aug. 21 94* Aug. 12 64* Aug. 90c Aug. 54* 14* 29 14* 304* 14* 14* 284* Sale 284* Aug. 31 294* Aug. 16 IX 85* 14* 14* 14* 814* 54* 24* Sale 14* 40c ----- 60c 2c IX 40c lc 2c 14* 14* lc Aug. 7| Aug. 15 Aug. 16 Aug. 7 14* Aug. 7 884* Aug. 29 54* Aug. 5 24* Aug. 5 50c 5 5 lc 14* 1 Highest SalePrices 9 113. Jan 9 11 1104* Jan. 64* Aug. 21 64* Aug. 21 2c June 4 4* 5P ..1.1 1 14* Aug. 7 14* Aug. 5 Apr. 1 Jan. 154* Jan. 25 55c 25c 55c 25c 33 X 30c 31 34 25c 31 55c 20c 15c 3 214* 34* Sale 15c 25c 24* 3X 21H Sale 20c Aug. Aug. 5 8 194* Aug. 17 34 20c Aug. 27 Aug. 8 214* Aug. 2 Jan. Feb. . 3 10 Apr. 9 Jan. 5 Apr. 18 Apr. 8 July 11 Jan. Jan. 26 10 Apr. 22 Mar. 21 124* Aug. 9H June 4 4* May 9 May 14* Jan. Jan. 9 Mar. 13 Mar. 29 Jan. 9 June 124* Jan. 25 July 65 Apr 75 May 74* May 14* Mar. 44* May 75c May 44* June 14* Mar. 25 May 90c July 28 May 4 May Apr. 30 June 10 Apr. 5 Mar. 2 Apr. 26 May 8 May 9 Apr. 19 May 6 Jan. Jan. 3 9 Mar. 20 Apr. 25 Jan. 12 Apr. Apr. 17 15 4 22 Jan. Jan. 10 Jan. Apr. 23 14* Feb. 66 June Feb. 1 Apr. 18 4 4* May Jan. 24* Aug. May 15* Feb. 5 May May 1 July 16 Feb. 15* May 2 Jan. 12 Mar 27 1 10 Feb. Jan. 9 June Jan. 74* Apr. 33 Apr. Apr. 6 24 Feb 19 25c 33 May 10 Apr. 19 Apr. 1 Apr. 24 Apr. 8 Mar. 55 1 .... May 79 4* Aug. 20c lc 5 ..... 5 30c 10 Brewing Co 1 388 Waverly Oil Works class A * 10,917 Westiaghouse Air Brake 1,934 Westinghouse El & Mfg....50 10c May Apr. May Feb. May May Aug. Apr. Apr. 20 124* .100 175 16 1134* 14* 64* 23 4* 54* 64* 74 4* 4 100 6% preferred 25 United Eng & Foundry.. "6i9 Lowest Sale Prices 50c Sale 25c 5 270 Jeannette Glass preferred * 20 Jones & Laugblin Steel pref-100 2,142 Hoppers Co pref.. 100 49,887 Lone Star Gas.. * 6% Highest Sale Prices 184* Aug. 16 84* Sale * 4,954 Follansbee Bros pref..-—-100 31,076 Port Pitt Brewing 1 3,155 Pittsburgh Brewing Preferred 2,728 684 Pittsburgh Coal Co Sale .10 - - 2,650 Electric Products 453 411 55* 65* 10 4.502 Devonian Oil Ask 100 150 Preferred 215 Pittsburgh Forgin 847 217 128 100 35c * 18,080 Duquesne Brewing Lowest Sale Prices Aug. 31 Ask Bid 7 37 * 2,283 Consolidated Ice Co 511 22 * ..1 . 23,638 Columbia Gas & Electric.250 6% pref series A 90 294 RANGE SINCE JAN. 1584* * * 100 3,082 Copperweld Steel 1,715 Crandall McK& Hend Bid 10 100 Harbison Walker Refraccom.* 70 Home (Jos) common 100 2,261 $5,000 6,000 $8,000 * Preferred 140,216 Carnegie Metals 9,194 Clark (D L) Candy „ Aug. 1 Ask * 100 3.702 Arkansas Nat Gas Corp.. Preferred 1,687 2,249 Armstrong Cork Co . 875 Aug. 31. Par Steel Preferred 8,593 Blaw-Knox Co 1,837 Byers (A M) 170 Jan. 1 to PRICES IN AUGUST BONDS Shares 220 1939 Price 4,000 Independent Brewing 6s-.1955 4,000 Pitts Brewing 6s 1919 I 1940 — Jan. 2 S 8hares 274 August PITTSBURGH STOCK EXCHANGE In $ Bond Sales 86,714 605,680 Apr. Apr. 10c June 12 28 May 10 Apr. May 15c May 3 July 154* May 774* May Jan. 17 Apr. 17 Jan. 4 1174* Jan. 3 24* Jan. 1 UNLISTED 323 * 4,024 Pennroad Corp No par value, x Ex-dividend v t c __._l 14* Aug. 13 14* Aug. 1 14* May 24 in the earlier part the country, leading stock exchanges of furnished. In this department of combine in one comprehensive whole, securities of all classes and descriptions, not the exchanges, but also leading unlisted and inactive securities. The following is an of this publication complete records of the dealings on the for the latest month and for the calendar year to General Quotations we only those dealt in on index to the different classes of securities date, quoted: Page Page Pago Exchange Seats......................... 84 Joint Stock Land Bank Securities.... Federal Land Bank Bonds 92 Mining Stocks ............ are 84 85 Municipal Bonds—Domestic............. 92 —........... Railroad Stocks 71 ...........101 .............—....... Real Estate Bonds ... Industrial Bonds........................ 81 Industrial Stocks....................... 85 Public Utility Bonds.................... 73 Stocks-...—. 80 Textile Stocks........—..........80 Title Guarantee and Safe Deposit Stocks. 85 .............100 Public Utility Stocks.................... 78 67 United States Territorial Foreign Government Bonds Insurance Stocks....... 93 ........ Investing Companies Securities.......... 72 Canadian Railroad Bonds Quotations for all securities are as near as possible for the Tde letter "f" prefixed to bond prices therefore the purchaser does not have to always "flat," and no ■ ...... .... 94 ... Real Estate Trust and Land United States Government Securities..... 92 Bonds.......... 92 closing day of the month preceding the date of issue. interest forms part of the price, and and bonds in default, the price is denotes that the quotation Is a flat price—that is. that the accrued provide for it separately in making payment. In the case of income bonds designating mark is employed to indicate the fact, Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "anl dividend" that is the It should be borne in mind In cases the figures are obtained from sources which are The following abbreviations are dated "conv" NOTICE—All bond often used, via.: "M" for mortgage, "g" for gold, "gu" for guaranteed, Bid Bonds are Vugusta Un Station 4s 1953.JAJ 1st mtge gtd 86 79 Albany A Susq 3 H* g 1946..AAO Alleghany Corp— Coll tr conv 5s 1944 FAA Coll A conv 5s 1949.—.—JAD 110H 107 % 107% 5 8 1% 84 82 74 < 77 _ 90% 74% 46% 5s stamped 1950..—.. AAO / 104% Allegheny Val gen is 1942..MA3 Allegheny A Western— 1st mtge guar 4s 1998....AAO American Refrlg Transit— Equip 5s ser F, G A H, *41-'45 Ann Arbor 1st g • 1995 Q J Ark A Mem Ry B idge A TermIs! M 5s 1964 MAS Aroostook Nor 5s g 1947——AAO Atchison Topeka A Santa Fe— Gen mtge gold 4 1995 AAO Adjustment 4s July 1 1995 Nov MAN — — Conv g 4s of *09 due 1955. _AD Conv g 4s '05 due 1955—JAD Conv g 4s of '10 due 1960.JAD Conv ileb 4Hs 1948 JAD 91 % 75 47 105 40 96 % 1.50% 41% 98 80 105H 106 85 90 85H 87 H 97 91% 96 H 96 103% 103 H Trans 8 L 1st g 4s 1958—JAJ Cal-ArU lstAref4 Hs'62 opMAS 110 110H Rocky Mt Div 4s 1965— &' Eq tr 2Hs 1940-1949 MAN Athens Term Ry 1st g 5s '37—JAJ Atl A Blrin. See Seab'd Air Line Atlanta A Charlotte Air Line— 1st M 4 H 1944 ser A JAJ 1-ji M 5s 1944 ser B JAJ Atlanta Knoxvllle A Northern— 1st mtge gold 5s 1946—..JAD 1st cons 4s Mar 1 2002 MAS Atlantic City 1st 4b 1951-—JAJ 1st 5s ext May 1 1954....MAN Atlantic Coast Line RR— 1st cons 4s July 1 1952—MA8 Gen unifser A 4%s 1964..JAD 10-yr coll tr 5s May 1 '45.MAN Lou & Nasbv 4s Oct 1 "62.MAN Equipment trust 4 H8-Eq 4** 1940 41 E (yr)—.FAA Eq tr 2 He 1940-52 AAO Atlantic t oast Line (Conn)— Irreri ntfs oi mdebt 5s JAD Atlantic Coast Line of S O— Gen 1st g 4s July 1148-——JAJ Atl A DanvilL 1st 4s 1948 JAJ 2d g 4s 1948 JAJ Atlantic A Yadkin gu 4s '49-AAO Aug Term 1st gu g 6s 1947-.AAO 99 a 108)4 1.70 96 94 96H Boonvllie St L A Sou 5s 'ol.F&A Boston A Albany 5s Oct '63..JAJ 5s June 1942 67 H 89 68)6 51% MX 61% 63 2.00 1.50% 2.00 1.50% 2.00% 94 29 57 31% 31 35 34H 30% 31 31 31% 13% 13 2.00 2.10 2.50 92 95 57% 59 58)1 59 82 75 76 45"" 55% 29% 55% 100 b Basis. 1st mtge 5s ser AO 1st mtge 5s ser II Inc M 4% ser 3.50 AAO 2.25 MAN 2.50 1.75% 2.50% 1.50% 1.75% 6% 8% 90 14 5 38 JAJ 39 44 Buffalo Creek 1st 5s 1941....JAJ 90 JAJ 74 4sl950 1st ref 5s 1961 Buffalo Rochester A Pittsburgh— Cons mtge (stamped modified) int at 3% to 1946 due 1957.. Buff A Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— 38H 39 63 65H Con 1st A coil tr 5s g '34..AAO Certificates of deposit.. 3% 2% 101% Cambria A Cl'field 5s g '41..JAJ Gen M g 4s 1956 FAA Cambria A Indiana RR— 100 1.90 65 76% 81 66 % 105H J&J 2s guaranteed 1943 F&A Guar 7-year 2Hs 1944.—.F&A 7-year guar 2Hs 1946 J&J 3s guaranteed 1944 M&N 3s 15-year gtd 1952 F&A 3s 13-year guar 1950 J&D 3s 16-year guar 1950 J&D 3s 15-year gtd 1953 F&A 3s 15-year gtd 1959 J&J 4Hs guaranteed 1951 M&S 4 %8 guaranteed 1956 F&A 4Hs guaranteed 1957 J&J 454s guaranteed 1955 J&D 5s 15-yr guaranteed 1954-F&A 5s guaranteed July 1 1969 J&J 5s gtd Oct 1 1969 A&O 5s guaranteed 1970 F&A Equipment trusts— 4Hs series J 1941-42 M&N 1.20% 1.60 109 1.25% 2.00 83 22 87 66% 67% 91 76% 70% 77 71% 18% 72 81% 60 60 73 19% 66 65% 68 65 64% 64% 63% 62% 90% 90 90 91H 75H 93 93 92 % 6.30 5s series K 1941-1944. .M&N 6.30 6.30 93 4Hs series L 1941-1945.J&D Canadian Nor deb 6H» '46..J&J Canadian N W 4 H« Oct 22 1943.. 93 Canadian 100 96% 96% Pacific Ry— 2Hs coll trust 1941 3s serial coll tr 1941 3s conv coli trust 1945 93 102 % 96 A&O 65 F&A A&O 59 3Hs conv coll trust 1951.-F&A 54 5s series 87 89 4s 1 1943 April 1 1944 BB April 1 1944 90 90 /ThL price includes accrued interest, k Last sale, conv n coll trust 1949 Nominal, r J&J 1.50% 66 89 Z May ioI 63 87 serfs 5 4% Canadian National Rys— 2s guaranteed 1942 5s series A A 58 16 3 Canada South 5s 1962 ser A.AAO 1955—MAN 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 2.50 4s June 1 A Dec 1 1940-49... 4 Ha 1941-1943 68 72% MAN 89 JAD 90 71% AJuly '70 FAA Equipment trusts—< 3%s 1940-1944 50 1967...MAS 5s series S Sept 1 1940 5s series T Sept 1 1941 86 Equip trust 2 %e 1940-47..AAO Canada Atl Ry 1st 4s 1955..JAJ 35 62% 1st mtge 4^s ser J J 1961 ..AAO 1st mtge 4s ser RR 1960...JAJ 83 JAJ 35 46 % 1.00% 1.25% 1.50% 2.00% 83 83 1947 4s 1955 FAA Bost A Prov deb 5s July 1 1938 Boston Rev Beach A Lynn— 1st m 4 %s Juy 15 1947—JAJ15 6s ext to Jan 15 1947.....JAJ Boston Term Co 3%b 1947—Fa A 57% 56% 85 Mtge 4Hs 1944 Mtge 4s 1942. 1st mtge gu g 175 f ... 5s 1941-1944 Boston ANY Air Line— Boston A Maine RR— 66 34% 6,9% 61% 80% 58% 58% — 50 % 66 H 2.50 JAD 4%e iinpt 1978 FAA 1st mtge 4Hs ser A 1943.. AAO 3Hs Jan 1 1951 JAJ Ref 3 H« 1952 gu N Y O—AAO 95 72 H 87 69 55 Equip tr 2%s 1941-1947—MAS Big Sandy Ry 1st g 4s 1944—JAD Birmingham Southern— Equip trust 3Dec. 1 1940-46 Birm Term 1st g 4s 1957 gu.MAS Ask 85 1945 1945... 1946 1947 5s series GG April 1 Bessemer A Lake Erie— 112 Called for redemption; see page 111. 109 99 H 1.25% 22 92 56 46 Eqtr4Hsser D 1941—-J&J Eq tr 4 %b ser E1941-42.- AtO Eq tr 4 Hsser 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 Pis cat Div g 5s Jan 1943..AAO Van Bur Ext 5s g Jan 43.AAO Battle Or A Sturgis gu 3s '89-JAD Bedford Belt 1st 6s 1938 JAJ Beech Crk Ext 3% 1951...AAO Belt Ry of Ohatt 1st 5s '45.-JAJ Belvidere Dei cons 3 Ha 1943. JAJ 5s series FF Jan 1 69% 57% 68% S'western Div 1st M due 1950 int 3%% to Jan 1 '47-JAJ Toi Cinn Div ref 4s A *59—JAJ 62% 2.50 5s series EE Jan 1 1st mtge g 48. July 1948..AAO 4% ext sec notes 1944 FAA Stamped modified bonds: 1st mtge gold due 1948 int at 4% to Oct 1 1946.AAO Ref A gen M ser A du6 1995 int at 1 % to Dec 1 '46 .JAD Ref A gen M ser C 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 Ref A gen M ser F due 1996 int 1% to Sept 1 '46-MAS Conv gold due 1960 FAA f PLEA West Virginia— Ref 4s ext to 1951 MAN _ Alabama Tennessee A Northern— Prior lien 6s 1948 J&J Gen income 6s Oct 1948...JAJ Alabama A Vlcksburg Ry— 1st M g 5s 1974 t rieu A..MAN 5s series CC Jan 1 5s series DD June 1 95 93 % JAJ 5s 1941 Baltimore A Ohio— 100 Gen A ref 6H« 1915 ser B.AAO Alabama Great Southern— 1st cons g 5s 1943 ser A...JAD 1st cons 4b 1943 ser B.....JAD k Bid {Boston & Maine RR (Continued) 77 Austin A Northwestern— 31 defaulted bond*. Bonds Ask Bid Bonds Ask consoli¬ bonds mature. "and Interest" except where marked "f" and Income and RAILROAD BONDS Aberdeen AAaheboro 1st 5s'40J&J Adirondack 1st 4%a 1942 gu MAS Akron A Barb Beit a 4s 1942.JAD Akron Canton A Youngs town— Gen A ref 6s 1945 series A.AAO "end" for endorsed, "cons" for "opt" for optional. showing the Interest period Indicates the month when the price* nominal, but In all considered reliable. for convertible, "s f" for sinking fund, "1 g" tor land grant, The black-faced type in the letters Stamped accrued dividend must be paid in addition to the price. for many Inactive and unlisted securities are merely the U3e of these taoles that the quotations 94 % 98 5.50% 5.50% 5.50% 103 % 100 62 55H 59 % Payable in Canadian funds. 68 RAILROAD NOTICE—All bond price* Quotations for all securities Bonds Bid Canadian Pacific Ry (Continued) 4s cons deb (perpetual) J&J a? near as 54 % 66 74 60 % 8234 6834 7434 76% 99% 5.50% 72 Equip trust 5s 1944— J&x 4%s 1940-1945------J&D Caro Cent 1st g gu 4s 1949 J&J OaroClinch A Ohin 6*'52. J&D 15 1st mtge 4s ser A 1965 M&S Carthage A Adirondack— 1st mtge guar g 4s 1981 — .IAD Oatawissa RR g 4s 1948 A&O Central Arkansas & Eastern— 95% 6.25 33 — 45 108 107'ai 102 10234 51% 103 % BONDS except where marked "f" and Income and defaulted bonds possible for the closing day of the month preceding the date of issue Bonds Ask 54% -J&D M&S - 1 2 , 14"" 8% Equipment trusts— 4%s series U 1941-43.-M&N 434s series V 1941-44 F&A 25 5 5% Chic St Paul Minn & Omaha— 1% 2 2 2% Eq tr 4 %s 1940-1944 A&O Chicago South Sh & So Bend— Sink fund 3s ser B 1963—J&J Equipment trusts— 4%s series Q 1940 M&N 48 series T1941-1952 J&J Ohatt Dlv gold 4s 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 Dlv 1st 5s 1945——J&D Cent New Eng 1st gu 4sl961 J&J Gen M 4s 1987 4.00 3 49 15 17 15 1.00% 69 X 61 ~mz 30 49 1st 5s 1946 A&O Chatt Rome & Sou 1st 5s *47 J&J / 98 Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— i General 4%s gold 1992...M&S Ref & imtp 3%s D 1996.-M&N Ref & .mpt 3 %s ser E 1996 F&A Ref & impt 3%s ser F 1963 J&D 2%s J&J J&J J&J J&J M&N 1.50 J&D 1.50 1.65 1.55 1.70 M&S F&A 9034 91 91 92 50 53 Eq trust 234s 1941-1952..A&O 2.00 1.50% 9234 97 101 107 *29. J&J 4s July 1 1949 ... J&J Eq tr 2 Ws 1940-1947 A&O Chicago & Eastern 111 (new co)— Gen M 5s May 1951 M&N Certificates of deposit St L Div 1st col tr g 4s *90 0.50% 1.00% 1.00% 1.25% 1.25% 1.40% 1st 1134 85% 74 75 8034 9434 83 99% 9434 109 65% 100% 111 10834 10334 10334 C..A&0 107% 105 75 77 52 54 79% 73% 66% 74% 2.20 1.75% 124% Consol Rys (N H) Deb 4s 1955 81 67% Deb 48 1956 guar 60 63 18% 22 18 20 17% 7% b 7% 2.75 / 10 112 "8% 8 2.00% 1955 Cuba Co extend 3s 1955 Cuban Nor Rys 1st 534s, '42 Cuba RR 1st g 5s 1952 Georgia Carolina & Nor— Ext at 6% to July 1 1934—. Georgia & Florida RR— 1st M 6s 1946 series A 77 81"" 91% 98% 110% 111% 18"" J&D J&J 734s extended to 1946 J&D 6s extended to 1946—-—.J&D Imp & equip 5s 1960 M&N D&nbury & Norw ref 4s 1955.J&J Dayton Union Ry 1st 4s '49.J&J Del & Bound Br 334® 1955.-F&A 23 15% 18 13 16% 100 100 Delaware & Hudson— — Chic Indianapolis & St Louis— Short Line 1st 4s 1953 A&O Chic June RR 1st 4s 1945—M&S Chic Memp & Gulf 5s 1940..J&J f Chic Milw & Gary 1st 5s '48. A&O / 11 1st & ref gold 4s M&N 1943 Grand Trunk Pacific— 1st M 3s 1962. 50% 51% 3.25 2.50% 56% 105"" 103 32 .... 2 3 Chic Milw St Paul & Pac RR— 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%l ser L '41 to '45 M&S Chicago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3%s B May 1 1989.J&J Gen 4%s May *89 series O.J&J Gen 4%s May '89 ser E J&J Gen M 4%s May '89 Ser F. J&J Equip trust 3%s 1941-'53A&O Eq 434s '41-'43 E & F (yr)_J&J Eq 4%a 1941 G & H (yr). J&J Chicago & North WesternGen M 3%s g 1987 .M&N Gen M gold 4s 1987 M&N Stmpd non-pay Fed inc tax.. Gen M 5s '87 stpd inc tax.M&N GenM4%s'87 stpd inc taxM&N GenM4%s'87 stpd inctaxM&N 15-year 634s Mar 1936 M&S 1st & ref 5s May 2037.... J&D 1st & ref 4Kb May 2037..J&D 1st & ref 4%s May 2037 O J&D Convg4%s 1949 ser A...M&N 5X 134 3.73 3.75 534 134 2.75% 2.75% 21 26% 2034 24% 23 25% 2934 22 17 3.00 2634 2.25% 3.75 2.75 % 2.50 1.50% 12% 13 X 1334 1434 1334 13% 4s 1936. J&J 1st con g 434s 1936..J&J Denver & Rio Grande Western— Gen income 5s Aug '55—F&A Assented subject to plan. — 1st 7% / / Ref & impt 5s 1978 ser B_ .A&O) f Eq tr 434s 194l-'42 (yr)..M&N b Equipment trust 5s 4%s series C 1942. M&N b 2s series F 1941-1950--M&S b Denver & Salt Lake Ry—* Inc mtge 6s Jan 1 1960_An Apr / 1% 1% 5% 2 Des Moines & Fort 1334 1534 834 834 834 134 \VA 17 Detroit Toledo & Ironton— Called for redemption; see page 111. 1 9* 234 b Basis, 2nd Mort. gold 4s 1964-... 1st 5s Mar 1 Eq tr 2%s 1941-1947 — -J&J M&N Duluth Missabe & Iron 1st mortgage 3%s / This price 11 12% 18% 8* 47% 109 47% iV* 33 36 50 50 32% 95— 102% 101% 103% an Cen tral" (Mountain and Prafrle)4s 1955 (Lake Superior) 4s 1955 1st 4s Feb 15 '42 Alb gu..M&N Gen 4s 1962 Can Govt gu.-J&J 55 58 56 58 64% 66 b M&S b Greenbrier Cheat & Elk— 1st 5s 1944 J&J WV» Midland Ext 5s '54.J&J Greebrier Ry— 1st g guar 4s 1940 -..M&N Green Bay & Western— Debenture ctfs A Feb Debenture ctfs B Feb Guantanamo & Western— 1st M 6s 1958 series A Gulf Mobile & Northern— 1st 5s 1950 series C :. J&J A&O .A&O Gulf & Ship Island RR— 1st ref & term g 5s Feb '52. J&J Stmpd (July 1 1933 cpn on). 14 68 70 60% 62 6.00 5.00% 60 107% 102% 108% 103% 95 96 87% 87% 102% 94% 87% 88 103 94% 79 — „ 80 _ _ 1.70 100% 1.25% 97% 82 88% 100 61% 4% 64 34 38 6 86 86% 82% 84 91 95 1.80 1.40% 88 85% 2.25 2.25 2.40 2 6% 1.75% 1.75% 1.75% 2.00% 61 62% 1st mtge g 4s 1957 gu.. 60 ..J&J 65 Harlem R & Portch—See N Y N H & Ha rtford Harris Ports Mt Joy & Lane RR Ext 4s 1943 108 J&J Hoboken Ferry 5s 1946 M&N Hocking Valley 4%s 1999...J&J Holidaysburg Bedford & Oumb— 1st M g 48 1951 guar J&J Holyoke & West 4%s 1951--A&O Housatonic con 5s 1937 M&N 35 96 99% 45"" 2.00 1.50% 105% 70"" 60 106% includes.accrued interest, —F&A Adj inc up to 5% Feb '57-A&O / 1st M 4%s 1957 conv F&A Huntington & Broad Top Mt RR & Coal extend 6s 1940 A&O Extended 5s 1940 A&O Illinois Central— 1st gold 4s 1951— 103 b Hudson & Manhattan— 1st gold 5s 1957 opt 6 3% 49 30% 20% Range— 1962—A&O 11^ 102 Ji 79 100 Great Northern— let & ref g 4%s '61 opt '41 J&J Gen M 5%s 1952 ser B J&J Gen M 5s 1973 ser C J&J Gen 4%s 1976 series D J&J Gen 4%s 1977 series E J&« Gen mtge 4s ser G 1946...-J&J Gen mtge 4s ser H 1946 J&J Detroit & Toledo Shore Line—1st gold guar 4s 1953......J&J Dext & Piscataquis 4%s "49__J&J 11 101 62 Eq tr 5s Dec 14 1940-'43 (yr) Grays Pt Term g 5s 1947 J&D Dodge— Ctfs of dep for gtd 4s 1935- J&J / Des Plaines Val 434® 1947 M&S / 1995. J&D / 1995—J&D / Detroit Terminal & Tunnel— 1st guar 4%s 1961 M&N 1534 934 2.25 92 Det & Mack 1st lien 4s 1434 3h 2h Gulf Terminal of Mobile— J&J 1950 1% 45 Grand Trunk Western— 1st g gu 4s $ July 1 1950.—J&J 8 A 1st 4s _ 2% 1% Equip tr 2%s 1940-1946.-J&D 7 6% 70 7 Secured notes 3s 1941-1945. J&J / f con g 6% 6% J&J 1st 6%s 1950 ser B Equip trust 4s Apr 1 1941-49—. 6 Delaware River TerminalSee Reading Co. Denver & Rio Grande— 4.00% 54 Gouvernour & Oswegatchie— 1st 5s 1942 J&D Grand Rapids & Indiana— 1st 4%s 1941 J&J 1st 3%s 1941 J&J Grand River Valley—See Michlg Eq tr 2s 1941-1947 24% 5.00 67 74% W% Ga RR & Bkg ref 6s 1951 —-A&O 4s Jan 1 1947 J&J Ga Sou & Fla 1st g 5s 1945—J&J Deb 5a 1952 ..A&O Goshen & Deckert'n 1st 5%s 1978 2nd ext 6s 1979 M&N Gen mtge 3%s ser T 1967--J&J Secured serial 4s '41-44--A&O 4 39 25 f 19 23 68 34% 53% 6% 5% M&N 18% 22 67 _ 10 11% 2% 24% 13% 13% 1 00% 1.25% 1.75% 1.75% L20 % 1 - 85 lis 25 9 Certificates of deposit _ Georgia Fla & Ala 1st 6s '52. F&A Georgia Midland 1st g 3s *46.A&O Delaware Lackawanna & Western Monon Coal— J&J 4%s '59.J&D gold 1943 .. 108% 11 Deb 4s 61 28 24% J&J A&O J&J .J&J 96 27% 2.00% 24% 11 26 2.75 20 deb 4s '54. J&J 95 27 16 116 60 5s Fort St Un Dep Det 4%s *41-J&J Genesee River 6s 1957 J&J Ga & Ala 5s Oct 1945 J&J Ga & Ala Term 1st g 5s 1948-J&D 107% M&S 1951 2.50 1.75 Certificates of deposit. Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D 51 104% 106% 104% 1.25% .Concord & Claremont 5s *44.J&J Connecticut & Passumpsic Rivers 1st gold 4s 1943 A&O 13*i M&S 13% Conn River gold 4s 1943 23 Connecting Ry (Phila)— 1st M gu 4s Mar 15 '51-M&S 15 2.50% 123% / / / / / it* M&N RR— Equip tr 2 %s 80r A 41-62-M&8 Coal Riv Ry 1st 4s gu 1945. J&D Ooeur d'Alene& Pend Oreille Ry— 5s 1960 J&J Colo & Southern 434® 1980.M&N Columb & Hock Val 4s 1948.A&O Colum & Toledo 4s 1955 F&A 1st 5s b 77% 5134 1st s f 534s 1972 series A.-A&O 1st M s f 5s 1973 series B..A&0 85% 3.00 Chic Great West 1st 4s 1959.M&S / 1st mtge 4s w i 1988 J&J Gen mtge inc 4%s w i 2038 J&J / J&D 334s gen gtd 1950 F&A Gen & ref 4%s 1977 ser A.F&A Gen & ref 4 34s 1981 ser B..J&J Cleve Short Llne4%s 1961.-A&O Cleveland Terminal & Valley— 1st 4s gold guar 1995——M&N f 4%a 1977 series 1.50 2.00 2.50 Florida West Sh 5s 1934 J&J Fonda Johnstown & Gloversv— Clinchfleld 13 34 13 20 —_ 70 Cleveland Union Terminals— 11X 1.70 i 1997...... 85 95% 13% 13% J&J / -M&N / Amended 1st con 4%s 1982 Proof of claim filed 83 49 22% 22* Gen ref gold 4s 1950 1st cons ref 4 %s '52 opt. Proof of claim filed 69 1 56 67% M&S Certificates of deposit Eq 4%s 1941 H (s-a).—M&S Florida Southern gu 4s 1945.J&J 47% J&D Ser D s cons Florida East Coast 100 107 Ser B 434s gen gtd 1942..A&O Ser B 33is gen gtd 1942—A&O Ser C 334s gen gtd 1948..M&N 1st 1 A&O impt M 5s 1975 1t I I 11 I I 49 Florida Central & Peninsula— 11 108% Spr & Col Div 4s 1st g '40.M&S Cleveland & Pittsburgh— Ser A 4%s gen gtd 1942—J&J 98 Eq tr 3%s ser C '41-'51.-M&N Chicago & Eastern Illinois— 1st consol 6s gold 1934 A&O Chicago & Erie 5s 1st g '82. _M&N 46% Ref & imp 4 34s ser E 1977. J&J CW&MDiv 1st4sg '91..J&J 5 —M&S .... 9734 1st M 3 34s ser D 1971 M&N 1st mtge 3%s ser E 1969--F&A Cl'field & Mah 1st gtd 5s '43.J&J Clev Cine Chic & St Louis— General 4s gold 1993 Gen M 5s ser B 1993 1.70 1st & ref 5s 1974 / 68 101% 1.20% 106% 99* Eq 4%s 1941 LL (s-a)__ .M&S Eqtr 4%8 1940-'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 100% Cin Northern KR 1 st 4s 1951 -J&J 98 Illinois Div 3 %s *49 op 108% 9934 11534 10834 1st & ref 4 %s ser B 1977.-F&A 1st & ref g 5s 1971 ser A..F&A a 106 107% 10534 10034 101 109 Chicago & Alton RR— Refunding g 3s 1949 A&O / Chicago Burlington & Qulncy— Non-cum inc 5s 1955(w-s) 105 5.00% 110 Chesterf & Lancaster 5s *55--F&A Equip tr 4%s "A" 1945..A&0 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J Chicago Indianap & Louisville— RefM g6s 1947 series A—J&J Ref M g 5s 1947 series B_—J&J RefM g 4s 1947 series 0..-J&J 1st & gen 5s 1966 series A .M&N 1st & gen 6s May *66 ser B. J&J Equip tr ser E 1940-1944. A&O ..A&O Chicago Union Station— 105 126 101 1.00 1945—F& \ Potts Creek 4s 1946 --J&J R & A Div 1st con g 4s 89. J&J 2d con g 4s 1989 ----J&J Warm Spr Val 1st 5s g 41-M&S w Ref & M&N _ Paint Creek Br 4s 5» income 53% 55 1st mtge 3 34s ser F 1963..J&J 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 / b J&J A..A&0 51% 1944— 64 101% J&J 35 Ginn & Muskingum Valley— 1st 4s 1948 F&A Cinn New Orl & Tex Pacific Ry— 10334 103 X 1945-1949— Gen M 4s 1958 Erie prior lien g 4s 1996 Gen lien gold 4s, 1996 8534 54% 103 1946—-—_ _J&J l%s 1941-1950 5l" 2.25% Cincinnati Union Terminal Co— 124% 100% 10034 106 % 10034 101X 10234 J&J 2s 1941-1947 Income 5s 2862 A&O El Paso & R I 1st gu 5s 1951.J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 5s stamped 1965 78 J&D 4s 96% 107 A 1970._M&S 1.50% 1st (stmp mod) 3-5s 1965.M&N Cincinnati Lebanon & Northern— 25 107 ser Eq tr 2%s Dec 1 1940-49— Elmlra & Williamsport— 1st 6s 1910 ext at 4% 1950.J&J Cine Indianapolis & West RR— ... 3s 1941-1946 3.00 3%s 6% 1% 2.00% 35 . .. 1st mtge M&S 1 1960 1st consol gtd 4s 1942 6.00 notes. 6 20% 106 Elgin Joliet & Eastern— I* 45 64 Eq tr 5s Dec 14 1940-1944 (yr). Charleston & Western Carolina— Equipment trusts— 4%s series W 1940 4%s 1941-1945 6% 5% Consol gold 5s 1952 M&N Cincinnati Hamilton & Dayton— General 5a gold 1942 J&D 84 notes, 1945 13 Choctaw Oklahoma & Gulf— . European loan 4s 46—_ _M&o notes, 1943 notes, 1944 2Ts Ask 93% Nor Dlv 1st g 4s 1948 A&O Edmonton Dun vegan & British Columbia Ry 4%s 1944--A&0 1st & ref g 5s Dec 1 '60 opt 1st mtge 3%s ser E 1963.-.J&J Guaranteed 334s 1951—M&S 13 X 2.00 notes, 1942 634 Consol 1st g 5s 1956 M&N Eastern Ry of Minnesota— 13% Inc mtge 5s Dec Guar -J&J 2M% notes. 1941 1234 11% 5% Bid Conv gold 48 1953 ser Series B 1953 A&O Series D 1953 —..A&O Ref & imp M 5s 1967 M&N 2% 9 Central RR & Banking of Ga— Coll tr 5s ext'd to 1942—M&N Central RR of South Carolina— ,, 1.25 1.50% 1.50% 1.50% 0.75% 2.00% _ 3 48% F&A 1st g guar 4s Oct 11954—A&O Guar g 5s 1960 F&A 1st ref 6s 1940-1976 Central Vermont Ry— 3-2i§ 4% -J&J „u _ Bonds Duluth South Shore & Atlantic— 1st gold 5s 1937 J&J f 19 East Penn 1st 4s 1958 M&S 104% East Tenn & Western N C— 1st stamped 5s 1965 90 M&N East Tenn Va & Georgia— Chic Terre Haute & Southeast— 1.50 F&A Eq tr 4%s 1941 (yr) Central Pacific— 1st ref 4s g guar 1949 2.25 2.75 2s series T 1940-1950..-M&N 60.30 to Chicago St Louis & N O— Con g 5s June 15 *51 65 J&D 15 Con g 3 34s June 15 *51. J&D 15 62 Mem Div 1st 4s 1951 J&D 4534 F&A Central of New Jersey— Gen M (now 1st) g 5s 1987 2.25 '2.25 434sseries W 1010-44—M&S 4 %s series X 1941 F&A 234 s Der- 15 1940-1949 Chicago Rock Island & Pac Ky— General gold 4s 1988 J&J Certificates of deposit Refg 4s 1934 opt to 1911 ..A&O Certificates of deposit Sec 4 34s 1952 ser A M&S Sec 4% ser A certifofdep 30-yr conv 434s I960 M&N Cons gold 5s 1945 —M&N Ref & gen 5%s 1959 sor B.A&O Ref & gen 5s 1959 ser O—A&O 30 Ask Bid (Con.) Equip tr 2%s 1941-1950..F&A 1st 5s 1940 J&J Central Branch Union Pacific—■ 1st 4s 1948 J&D f Central of Georgia— 1st M g 5s Nov 1 1945 "and interest0 are Chicago & North Western 4Mb secured ctfs 1944—-J&D 4%s coll trust 1946--.—M&S 4%s coll trust 1960 J&J 5s coll trust 1954 68 conv coll trust 1942 are 109% k Last sale J&J J&J 43 46 123 123% 98% 99% 19 46% 49"' 44% 11%' 45 12 49 % 88 91 1st gold 3%s 1951 1st extended g 3%s 1951 A&O 1st g 3s sterling 1951....M&S 83 35 70" Coll trust gold 4s 1952 40 45% 43* 45* 36 39* A&O Ref g 4s 1955 opt 1918--M&N Pur liens 1st g 3%s 1952—J&J n Nominal r 83 87 , Payable in Canadian funds. 69 RAILROAD BONDS SEPT., 1940] NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bona* Quotations for all securities are as near as p ossible for the closing day of the month preceding the date of issue Bid Bonds 40M 41 39 & 69 34 40 45 73 65 57 M 60 42 40 50 50 50 54 1951—F&A 52 Bridge 4s g 1950—J&D western lines g 4s 88 St Louis Div 2d 3s 1980-J Mob & Mont 4 Ms 1945—& Southern Ry joint Monon 70"" 2.25 1.75% 2.50 2.00% 0.75% 1.25 1.50 1.50 1.75 -A&O 2.00 4s ser Q. 1941-1944 F&A 111 Cent RR Co & Chic St L & N O RR jt 5s, A, 1963—J&D 2.00 Indiana Harbor Belt RR— Genl mtge 4s 1957 J&J ' Gen mtge 434s 1957—J&J Indiana Illinois & Iowa— 1st gold 4s 1950 J&J 43 11134 60 63 13 15 v ?34 i% 734 ,7h ^ 1.00% 1.25% 6734 mi IVi 72 87 45 70 ..M&S _6M 134 Gulf Ry 1st 5s 1951... —A&O f Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— Ref & ext 6s ser B 1967—J&J Jamestown Frank & Clearfield— 54 53 1st g 4s 1959 guar ...J&D Joliet & Nor Ind—See Mich Cent „ 1st 5s June 1 1944 J&D Kanawha Br & Ter 5s 1948. A&O Kana & Mich 1st 4s 1990-A&O Kan City Ft 8cott & Memphis— Ref g 4s 1936 guar ..A&O Certificates of deposit 105 Kan C Mem & Bir 4s 1934..M&S Income 5s Mar 1934 Sept 1 Kan City Sou 1st g 3s 1950.-A&O 70 108 90 28 29 33 30 M 70 Sef & Impt 5s Apr 1 1950..J&J q tr 3s F Jan 1 1941 1943 .. hp 3s 1944-1946 J&J Kansas City Terminal Ry— m/8 6534 66 1.30 1.00% 1.50% 1.85 107 M 107 J&J J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR— list gold 4 Ms 1961—J&J J434s stamped 1961-J&J 4Ms plain 1961 .J&J 94M 105 96 10534 60 f f f Michigan Central— Ref & lmpt 4 34s 1979 ser O. J&J 1st gold 3 Ms 1952— —Mj " Grand River Valley—• 1st 4s 1959----------M, Jackson Lansing & Saginaw 1st 334« Sept 1 1951—-M. Joliet & Northern Indiana— J&Q Leamington & St Clair 4s *45 A&O 87 H 77 Lehigh & Lake Erie 444s '57.M&S Lehigh & New England— 1st M gold 5s 1945 ..J&J Gen mtge 4s ser A 1965.—A&o Equip tr 4 Hs G 1940-45.-M&N Eq tr 3s ser K 1941-1947.-J&J Lehigh Valley Harbor Term Ry— fe 1st mtge 5s 1954 F&A Lehigh Valley— 1st gold 4s 1948......——J&D Con M 6s ann lrred J&D Con M 4 Ms ann lrred—.J&D Gen cons gold 4s 2003 M&N 4s assented 2003 Gen con gold 434s 2003..M&N 4Ms assented 2003.. Gen con gold 5« 2003....M&N 40 2.00 38 - 63 89 ..... 6' Equip trust 434s 20 22 5634 50 37 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 6s 1946 series A....J&J 1st ref 534s 1978 ser B J&J 25-year 534s 1949.—....M&S Minn Terminal 1st 334s '50.-J&J Minn Transfer Ry 334s 1956.J&O Missouri Illinois Bridge and Belt RR cons 4s 1951 ...J&J 39 H 43 42 39)4 42 54 42 48 32 M 11534 3634 _ Prior lien 4s 1962 ser B Prior lien 434s 1978 ser M O coll tr g 334s 80"" 73 92 Certificates of deposit - 10 b _ 94 93M fti 95 X IV* 2.00% 83 % 84 2 25 1.50% 20 Louisville Henderson & St Louis— 110 112 t Secured interest at exchange rate of 4.8665. r Payable in Canadian funds. a Called for "134 „ 7934 3.50 2.80% 5 434 85 90 24 24J4 1634 1534 1634 1534 1634 1534 1634 1534 1634 1534 M&S 3.10 2.75 1 .34 2.25 2.50 1:34 70 - - - Guar g 5s 1946-— M&N f N Y & Har 1st g 334s 2000—M&N N Y & Hob Fy 5s May 1946—J&D 35 New York Lack & Western— 1st & ref 4s ser A 1973— .M&N 50 52 58 60 17 - - *. 134 134 1.50% 2.00% 134 3s 1940-1951 . * 434s 1941-1946— —J&J Har Riv & Pt Ches 4s '54 M&N N Y & N J Ferry 5s 1946 J&J New York Ontario & Western— Ref 1st g 4s June 1992.. M&S Gen M g 4s 1955 red J&D , New York Pennsylvania & Ohio— Prior lien ext 43*s, 1950.-M&S / New York Pbila & Norfolk] Stock trust ctfs 4s 1948 J&D N Y Prov & Bos 4s 1942—A&O / " 93 2.75 2534 2534 2634 2.25 2.00 48 53 40 4434 10534 , N Y & Putnam 1st 4s g 1993.A&O N Y Short Line 4s 1957 F&A ; N Y & Stamford 4s 1958...M&N New York Susq & Western-— 1st refunding 5s 1937 J&J / 2d mtge 4 34* 1937——F&A f 10634 - 2.75 3.10 2.50 2.70 6634 37 434 2 96 80 49 H 10334 35 16 434 , 115 ■ 41 92 - — •. 4234 43" 37 3934 OA 111. » Gen mtge. 5s g 1940 7 -F&A / Term 1st g 5s 1943 -M&N f 52 N Y Westchester & Boston Ry— 1st M g 434s 1946 guar...J&J / 3K Norfolk & Car 2nd 5s 1946—J&J 100 ] Norfolk Southern— 120 50 -F&A M&S 4 34s9-15-40to3-15-45M&S 15 - 6634 67 72 263^ Equipment trusts— 234s 1941-50 73 7734 77 -- . - 1634 « 15 102 gold 4s 1941 M&S 2534 1st 5s 1941 M&S 78 Bos Ter 4s 1939-.A&0 / 101 Haven & Hartford— Deb 6s Jan 15 '48 conv—J&J15 1734 Deb 4s May 1 1957 M&N 334 Deb 4s July 1 '55 non-conv J&J f 1334 Deb 4s 1956 non-oonv M&N 1334 Deb 4s 1947 non-conv...M&S 1334 Deb 334s March 1947——M&S 13 34 Deb 3ks 1954 non-conv..A&O 1334 Deb 334« 1956 conv.—J&J 15-year secured 6s 1940 A&O 1st & ref 434s 1967 J&D 1634 1634 1734 - 1234 9834 General General NY & NE N Y New • 17 •«. '1.75% 2.00% 2.50% 10634 1st & ref 434s 1973 ser B..M&N New York & Long Branch— 41H 1.50% 1.50% 2.25% page 4s 1940-1949 ■ 41 see —M&S .J&J 2.25 3s 1941-1951 1st guar 5s 1953 series B 108 F&A New York & Erie RR— 1st 4s ext g 1947 M&N 9634 2d ext 5s 1939——M&S / 93 3d mtge 434s 1938 90 M&S New Y ork & Greenwood Lake— 1434 1234 1434 1134 42 f 83 F&A New York Connecting RR— 1st M 4 34s 1953 series A—F&A 7734 B.M&N redemption 134 41 Morris & Essex 334s 2000—-J&D Oonstr'n 5s 1955 ser A...M&N 8834 6734 M&S 7934 34 Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S / Montauk Ext 1st 5s 1945 J&J ser 2.40 3-yr 6s ext'd notes 1941--.A&O M&S - 1.75 234s Mar 15 1941-1952—— Equipment trusts— 234s 1941-1947 3434 3434 Montgomery & Erie 1st 5s 1956- M&N "234 34 Monon Coal—See Chic Ind & Lou Monongahela Ry Co— 1st mtge 4s ser A 1960—.M&N Monongahela Sou 5s 1955—.A&O Gen 6s 1955 A&O 85 —J&D 50 134 M&S f M&S f f f 5934 51X 1998—.F&A Ref 434s 1978 ser C 10-yr 6s coll tr 4s 1946 75 Mohawk & Malone— 1st guar g 4s 1991—.....M&S Consol gold 334s 2002...M&S Constr'n 4 V4s 1955 534 434 534 1434 1234 J&J 8034 93 New York Chicago & St Louis—■ 1st 3348 extend 1947—.A&O Ref 534s 1974 ser A A&O 75 Eqtr 4s 1941-1943 M&S b Eq 434s 1941-1942 (yr)—J&J15 b Eq tr 234s 1941-1955 F&A b Montgom Div g 5s 1947..F&A f Certificates of deposit f 12 70 434 434 534 98 N Y Cent equip trusts— 35 ser H...A&O f f deposit Secured 5s 1938—.— Certificates of deposit 2~25 Spuyten Duyvil & Pt Morris— 10334 F&A f f Oonv g 534s 1949 ser A M&N Secured 5Ms 1940-1956— J&D Eq tr 4 34s'41-*44 F fyr)..M&N b Equip tr 234s 1941-1949-F&A b Mo Pac (old)—Gen 4s 1975.M&S f 3d ext 4s July 11938— .M&N f Mobile & Birmingham— Prior Hen 5s. 1945-.-J&J 5s small 1945 J&J Gen M g 4s 1945 —J&J 4s small 1945——— J&J ' 109 f 1st & ref 5s 1981 ser I. Certificates of deposit Mobile & OhioGen gold 4s, 1938. Ref & Impt 434s 1977 30"" 5834 53 X 59 34 8034 5834 July 1 1997—J&J 3Ms 1959 _ Adj M 5s Jan 1967 ser Eq tr 2 34s 1941-1952 Missouri Kan & Texas Ry Co— 1st gold 48 1990— J&D Mo Pacific RR (new company)— 58 1945--M&S 34 ■ D.J&J A..A&O f F&A 101M 108 1 73 22 f 3934 19M 1st mtge gold 5s 1946. J&J Louisville & Jeffersonville Bridge f f f 1st & ref 5a 1978 ser G—M&N f Certificates of deposit f \lH 30 107 Deb 4s 1942 tax-exempt..J&J L S coll tr g 334s 1998 F&A 734 134 134 134 134 85 1st & ref 5s 1977 ser F...M&S f Certificates of deposit f 19 106 6 434sl941-l945 86 19 30 " - Ref & impt 5s 2013 O. A&O 10-year 334s sec s f 1946—A&O 3 34s conv secured 1952 M&N Tew York Central & Hud Rlv— Ref g 334s 1.40% 1.60% 53 20 / / / / 5 . Cons mtge 4s 1998 ser A..F&A Ref & impt 434s 2013 A—.A&O 73 f f f f f f 1st & ref 5s Jan 1965 A—F&A f Certificates of deposit.. f 50 t / 2934 / -X~J3LQ f / 3334 / IV* 1st M g 434s 1945 guar J&J fewport & Richfor Is 5s 1941 lew York Central RR— 5834 44 33 15 1st & ref 5s 1980 Certificates of 69 J&J <awyuri/ a vjiuciimati cnage— Minneapolis & St Louis— 5s ctfs of deposit 1934——M&N 1st refdg gold 4s 1949 M&S Ref & ext 58 Feb '62 ser A.Q-F Certificates of deposit.. 1st 7s ext at 6% 1932....J&D Certificates of deposit...— Minneapolis Northfield & Southern Ry 1st6s *41..M&S com 5 3h ... Mo KaM & Okla 5s 1942 M&S Missouri-Kansas-Texas RRPrior lien 5s 1962 ser A....J&J 1834 Lehigh & N Y 1st 4s 1945-M&8 6634 _ 90 60 16 H Lex & East's 1st gu 5s 1965.-A&O Lincoln Park & Charlotte— 5s 1939-... J&J Lltchf & Madls 1st 5s 195Q.M&N 61 5934 J&D Equip trust 2 Ms 1941-1949F&A 58 16 34 18 H -— 58 1234 cons 6134 _ _ —. 24"" cons 18 -J&D Non-cum inc 5s '35 ser A—A&O Certificates of deposit. 1st 5s 1954 series B———A&O Certificates of deposit 1st M 534s 1954 series A A&O Certificates of deposit— 1st 5s 1956 series O—F&A Certificates of deposit. 1st M 434s 1956 series D..F&A Certificates of deposit 66 96 1134 1st 36 Income deb 5s 2032 113* .J&J f Tew Orl & Nor East 6s 1915 100 Extended at 5% 1940 M&N 58 Ref & impt 4 Ms 52 ser A.. J&J New Orl Term 1st 4s 1953—J&J 62 X % 22 1st Ref cons 4s 1956 50-year 1st 5s 1983 4334 67 Lehigh Valley Ry of New York¬ ist 4 His gold 1940 J&J 4Ms assented 1940 Lehigh Valley Term 5« 1941. A&O 5s assented 1941 1949 M&S Refunding mtge 4s 1949..M&S 4s stamped 1949 .M&S Equip tr 4 Ms 1941-45 (yr).F&A Louisiana & Ark 5s A 1969..-J&J Equip trust 334s to 1946.. A&O La & North West 5s 1935.-A&O / 34 34 34 . 9034 —..... 83 34 1.80 5s assented 2003 Unified g 4s. 116 f f 1st 62 36 N J June 1st 4s gu 1986 F&A N J & N Y 1st ext 5s 1950-.M&S General 5s Jan 1 1938 New Orleans Great Northern— Mil Sparta & NW 1st 4s 1947M&S f Mil & State Line 1st 3 Ha 1941. J&J f 108 — J&J 3ns 1950—A&O _ 55 94 Cong g ref 344s 1997 1934 51 74 34 — Nominal, 13 —1951 M&N New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945—.J&J ew Haven & Northampton— 82 77 90 1st mtge 5* ext at 3 % to '47 J & J 2d 5s 1941 -—-——-J&J Lake Shore & Mich South—_ n 8834 X off.. 1951 receipt No 4 on .Jaugatuck 1st 4s 1954 2.00% 40 coupon - Mo-Illinois RR 1st 5s 1959. .J&J 20 1st mtge 434s unguar 1961-J&J Lake Erie & Western RR— Guaranteed gold 4s Assent cash warrant and scrip Minn 8t P & Sault Ste Marie— 62 H f April 1914 42 guar. RR 4% franc bonds (Foreign series) 1960 Midland of New Jersey— *26 on) — 74% 4634 ... 87 coupon 52 Milwaukee & Northern— 103 104 4s(Apr 19l4 51 74 2.50 f 1st gtd 334* 1941--—--J Maryland & Pa 1st g 4s 51 .M 1st cons A 6s 1963 _.-.A^ M'shfield & S'east—See Wis Gi Memphis Union Station Co— 5% to 1940 -A&O f Midland Valley 5s 1943.....A&O Adj M Apr 1 '53 ser A—.Sept Adj 5s series B 1953 Sept..... 1 con 74 Manila RR Sou Lines— 105 1st & gen mtge 5s 1967 J&J Ref & ext 5s ser A 1967—J&J Long Dock cons Long Island— 1st 1951—.. ext at 1st gold 4s 1939 guar warr't & scrip ret No 4 on 7134 83 b X scrip receipt No 5 on 1977. fational RR of Mexico— Prior lien 434s assent cash Maine Central— Midi 5 34 & Little Miami guar 4s 1962..M&N Little Rock & Hot Spr West Ry— 83 ' 1.25 2.00 1st M 5s 1972 opt M&N 1st 1 & ref 634s 1W7 F&A Debenture 4s 1961 J&D Iowa Central 5s ctfB 1938—J&D 1st g 4s 1960 opt 1930 Kansas Oklahoma & Gulf— 1st M 5s 1978 Gtd gen 82 Macon Dublin & Savannah- 104 J* 134 7M 7M Adj M 6s July 1952 ser A.April 1st M 5s 1956 series B J& 1st M 5s 1956 ser O—-—J&J Equipment trusts— 4 Ms ser A 1940J&D 4Mb series B 1941-1942. A&O internet Rys (Central America)—Purch money 5s 1972. J&J _ scrip receipt No 4 on 1957. / s f 4s (Apr '14 coop on) April 1914 coupon off 1977— 107 Mexican International 103 60 2.25 Assent cash warrant and 114 / 106 10634 99 108 Ref & Imp M 3 34s ser B'86 M&S Internat-Great North Ry— 1st M g 6s 1952 series A...J&J Joplin Union Depot Co— 10334 104 Indianapolis & Louisville— 1st & ref g 4s 1951 Jacksonville Gainesville 1.75% 11034 Secured 6s 1959 1st ser Equiptment trust 5s to 19 41H 84 2.10 ,8234 45 43*s series O, 1963.—.J&D Indiana Bloomington & Western— 1st ext 4s 1940 A&O f felst guar 4sUnion— 1956.——J&J diana polls Nashville Chattanooga & St L 1st M 4s 1978 ser A F&A Eq tr 2Mb 1941 1952 M&S National Rys of Mexico— Prior lien 434s-— Jan 1914 coupon on 1957.... July 1914 coupon on 1957... July 1914 coupon off 1957 Assent cash warrant and 10134 9434 8934 8334 1.00% 1.00% 1.10% 1.25% 1.50% Bid Bonds 10334 10434 10534 10534 8034 b Eq tr 234s 1940-54—— unif 334s A 50Ext mtge unif 4s B 1960. Ext mtge 70 Equipment trusts— 234s ser T 1941-1949—M&S 3sser R, 1940-1952 M&S 434s ser L, 1940 _A&0 Is ser M, 1941 M&N is ser N. 1940-1941—A&O is ser O, 1941-1942—J&J js ser P, 1944 Ask 10034 & Lltch Div 1st g 3s 1951...J&J Louisv Div 3 34s g 1953 J&J Omaha Div 1st 3s g 1951—F&A St Louis Div g 3s 1951—J&J Gold 334s 1951 —J&J Sp'field Div ext 334s 1951 J&J Carlo Bid Bonds Ask Louisville & Nashville— Illinois Central—(Concluded) Collateral trust 4s 1953 M&N Ref mtge 5s 1955 M&N 40-year 434s Aug 1 1966.F&A 1st & ref g 5s'61 opt *15—F&A / Certificates of deposit f Norf & 8outh 1st 5s 1941.M&N / 11.. 1134 6834 1st gen g 5s 1954 opt....J&J f 29 7 Norfolk Term 1st gu 4s *61-M&N 10434 , 5 Basis. /Price includes accrued interest, k Last sale BONDS RAILROAD 70 bond prices are "and Interest" except where marked "f and Income and defaulted bonds Quotations for ail securities are as near as possible for trie closing day ol the month preceding the date of issue NOTICE—AH Bonds Norf Term & Transp 5s '48-F&A Norfork & Western By— 1st con 4s 1996 A&9 Ask 122% 122% 123% Pitts Shenango & Lake Erie— 1st gold 5s 1940 A&O Cons 1st g 5s July 1 1943--J&J _ N(MTist'n & Maine 1st 4s *52 Cent 5s 1974 ser A Gen & ref g 4%s ser A Northern Ohio Ry— Nor 115% 107% '74.M&S 1st mtge g 5s (stamped cancella¬ tion of guarantee 1945._A&0 / Certificates of deposit / 35 Northern Pacific— „ _ Ref & Ref & Eq tr Eqtr Nor KR North Pennsylvania 49" 68 68% 43% 49% 62% 45 50 2.10 Port Reading lstgu 5s 55 54% 2.15 1st gen 5s 1974 series C 1st 4Ms series D 1977 62% 54% 5 31 N'western Term RR 5s Apr 1977'47M&S 17 Norwich & Worcester 4 %b 95 — 6 1st guar g 4s 1948 J&J f 108% Ohio Connecting 4s 1943—M&S 50 Ohio & Little Kanawha 6s '50 M&S 3 Old Colony RR 4s 1938 J&J f — — - 6% M - _ 3.25% 2.50% - - - 3 20 110% 115 117% Oregon-Washington RR & Nav— 105% 1st & ref g gu 4s '61 opt.-J&J PacFruit Express—See Sou Pac— 72% Pac-ot Mo 1st ex g 4s 1938—F&A f 2d ext 5s gold 1938 —J&J f 60% 1941..J&J 117 100 88 89 100 102 105% Southern Pacific (Golden Gate Ferries) 1st 5%s 1949 101M 4M n\V* 70 / 66 66 St Louis City real est 5s '38 J&J f 101% 1st 4%s 1955.J&J - «... - Rio Gr June 1st gu 5s 1939--J&D Rio Gr So 1st g 4s 1940 J&J Paris-Orleans RR— 6% franc bonds (foreign series) red to 1956 J&D f Paterson Extension 5s 1950-J&D f Paulista Ry 1st 7s "42ser AM&S15 f Pennsylvania Company— 28-year secured 4s 1963---F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3 Ms 1941 F&A Gu tr ctfs g 3 Ms 1942 J&D Gu tr ctfs g 3 Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons 1st extend 5s 1949 A&O Cons mtge 4 Ms 1939— Cons 1st extend 4%s'49 Cons 4s 60 11M — _ 1st 62 53% 49 50 113% 113% 2d gold 6s 1996 8t Louis-San Francisco 100% 46 2.15 b 2.15 43% 43 110% 43 68% 69% 59% 60 55 61% b 2.10 b 2.25 2.20 1.50% 1.75% 1.75% Gen M Gen 4Mb series 4Ms 1977 ser D 103 F&A C_. J&J 112 1981 107 / 3 Ms 1966 J&D Pitts Bessemer & Lake Erie— Cons gold 58 1947 J&J Pitts Cin Chic & St Louis— Con g gu 4 Ms ser A 1940.A&O 4Mb series B 1942 4Mb series C 1942 A&O M&N 4s series D 1945 M&N Gen M 5s 1970 ser Gen M 5s 1975 ser A B J & I) A&O M 4Mb 1977 ser C— Pitts Shawmut & Northern— 6% receivers'ctfs 1929 F&A 20 20M 117 117% 100% 105% 107% 110% 107% 8% 9 9% 8% J&J f 8% 15% 11% 1990 - _ 106 106% 106 108 100 10 12 35 % Called for redemption; see page 111. 86% 94 65 J&D 105% Ann Mar A&O 92 Gen & ref 5s 1977 ser B 67 M Gen & ref 5s 1979 ser C-.A&O Gen & ref 5s 1980 ser D J&D 64% 64 M Equipment trusts— 4 Ms ser JJ 1911-1942—A&O 4Msser A 1941-1943 F&A > 1.25 > 1.60 M&N > O 1911-1944 J&D 2%ssor D 1910-1952—M&N > 1.75 > 2.00 4sser B 1941-1943 1.60 Tex Pae-Mo Pac Term ItK— 1st M g 5%s 1964 ist 4s M&S 98% Del¬ —J&J 1956 82 Toledo & Ohio Central— Ref & A '60 J&D Div 1st 4s 1951 F&A Imp M 3 Ms St Mary s 86% ser 60 Toledo Peoria & Western RR— b 2.00 1.25% 66% 70 Duluth— 64 _ St Paul East Gr Tr 4 Ms '47.-J&J f 3% St Paul & Kansas City Short Line 1st guar 4 Ms 1941 F&A f 5% St Paul Union Depot— 1st & re.' 5g 1972 J&J 115 Bait Lake City Union Depot and RR 1st 5s 1938. —M&N f 85 Salt Lake & Ogden 5s 1931— 16 f 3% 6% 1st mtge 4s ser B 1967 Toledo St Louis & Western— 116 90 Toronto 63% 100% 72" 69 - - - ~7% - 125" 118% A&O f f f f f f f f 9 8% 8% 9 1% • _ 3 3 H 3 2% 4% 3% 3% 4% 4% 4% 60 61 f 10% 12% f f f 1% .105% J&D 64 40 102 . 1st ry & land gr 4s « 1947--J& J 1st & ref 4s June 2008 M&S 1st & ref 5s June 2 2008--M&S 64% M&S 107% 1935.J&J f 75 Schuylkill & Leh 1st 4* '48. M&N 61 108 Consol M 4Mb 1966 ser A.F&A Transylvania RR 1st 5s 1956.J&J Union Depot (Columbus, Ohio)— Gen 4Mb 1946 J&J San Fran & San 1st g 5s 1942 Savannah & Atlanta 6s 99% Hamilton & Buffalo— gold 4s June 1 1946 Union Pacific— 1943 J&J Joaquin Val— 5s Oct 1 1940 A&O J&J 1st gold 4s April 1 1950 A&O Tol Term 1st 4%s '57 gu M&N Tol Walhoudlng Valley & Ohio— 1st g gu 4s 1942 ser O M&S 1st San Antonio & Aransas Pass— — 117" 1st gold 5s 2000 2d 5s Dec 1 2000 9% 9% 9% 9% 9% 9% 35 113 a a 107% 107% 96% 35-year 3Ms debs 1971--M&N 97 ;<4-vear 3 Ms debs 1970 ..A&O Ref mtge 3 Ms ser A 1980. -J&D 102 1.80 Eq tr 2%8ser E 19 11- 52--J&J b 112 Union RR (Penn) 1st 5s '46.M&S 114 Deb 6s 1946 M&S Union Terminal Co (Dallas) 101 1st mtge3%8 1967 F&A United N J RR & Canal Go— 120 1st 4Mb Sept 1 1979 M&S 109 General gold 4s 1944 M&S 1st Is Sept 1 1948 110% 120 1st 4Ms Feb 1 1973 F&A Gen 1st g 3 Ms 1951 108% i-M&S 106 Vandalia RR 4s 1955 ser A—F&A 106 Series B 1957 .M&N Fera Cruz & Pacific RR— prior lien 5s '48. A&O Shamokin Sun bury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 3 Ms 1936. _F&A f Somerset Ry 1st & ref 4s '55.-J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O f 2 1 % 20 6 25 1st mtg g 4 Ms 1934 July 1914 coupon off Cash vvar & scrip ret No. M&S Flcksburg Shreveport & Pacific— Pr lien 6s '15 ext 5% '40--M&N 1st 70 95 s f 4-6s 1968 Gen 5s May 1 72 1941 ' 42 46 65 10 J&J J&J 5 on Fermont Vail 1st 4Mb 1940--A&O Vicksburg Bridge Co— 48 ref & impt 5s 1973 Fa & Southwest 5s 2003 M&N M&N J&J 5s 1958A&O Virginian Ry 3 Ms A 1966.-M&S 1st cons g 100% 75 100 98 80 75 60 108% South & North Alabama— Gen 59 M 15 J&D Mortgage 4s Dec 1 1996--J&D 48 a 56 32 Seacoast RR 95% 115% 115% Gen 60 10 65 107% J&J Toledo Canada Southern & 110 95 108% 4Mb series I 1963. 59% 63% 110 4% — / .F&A I960-. Texas City Term 6s 1941 .J&J '26 Texas & New Orl 5s 1943 Texas & Pacific Ry— 2.25 Seaboard Air Line Ry Co— 1st gold 4s 1950 110 4s series H 65 62% Stamped A&O Adj mtge 5s Oct 1 1949—F&A Ref gold 48 1959 opt A&O Certificates of deposit 1st & cons 6s 1945 ser A—M&S Certificates of deposit 5% secured notes 1931 F&A Receiver ctfs 3-3 Ms '45—F&A Atlanta-Birmingham Div— 1st g 48 May 1 1933 M&S Seaboard-All Florida Ry¬ es ser A ctfs of deposit. 6s ser B ctfs of deposit Seaboard & Roanoke 5s 1931 _J&J -- 35 86 34 M 109 M 99 M Terre Haute & Peor 5s 1942-M&S Texarkana & Fort Smith— 1st M 5Ms 1950 guar ..F&A 70 3 35 112% lmpt M 3Ms B *74.J&J 35 Southwestern— Scioto Val & N E 1st 4s 1989M&N Phila & Chester Val 4s 1948.A&0 82 Phila Newton & N Y 3s 1942 A&O 93% Phila & Reading RR—Set "Readi ng Co. Philippine Ry 1st 4s 1937 4" J&J / Certificates of deposit Piedmont & Northern— 77" Santa Fe Preseott & Phoenix— 107% 106% .J&D 1st consol gold 5s 1944 F&A s f g 4s '53 opt '10.J&J 1st g 4s 1989 M&N f 2d g inc 4s Nov 1989 J&J f 1st term & unlf 5s 1952—J&J f San Fran Term 1st 4s 1950-_A&0 113% 108% - Gen ref 2.00 F&A 1st guar g 4s l6"l% 109% A&O 1st extend 3s 1948 M&S / Tenn Ala & Georgia 4s 1957 Term RR Assn (St Louis)— 4s series CO 1911-1943.M&N b 1st g M&N 9 7 Ref & 19 103 M 6% 1.00% 1.25% 1.50% A A&O 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 4-6 Ms '53--J&J 6M 1.50 ser Berwick RR 5s 1952 99 Tavares & Gulf RR— 109% 1st consol g 4s 1968 78 100 Susquehanna Bloomsburg & 38 4 Ms ser Equ pment trusts— 4Ms series K 1911-1945-J&J 6% 107% % J&D J&J / A&O 8 b St Paul & 46 5 % Suffolk & Car con 5s 1952 Sullivan Co RR 6s 1944 Ry— Equipment trusts— 4Ms seres BB 1941 Gen & ref 5s _- 80 75% J&J _ 1st 3s Dec 1 1989 30" 73 5s 1955.J&J / 16% J&D / 21M 106 J&D Stephenvllle Nor & Sou Texas— 1st M guar g 5s 1940 stmp.. J&J / 1M Sturgls Goshen & St Louis Ry— g Stark Elec RR 1st 7s 1952 Staten Isld Ry 4 Ms 1943. 6 Cons in 4 Ms 1978ser A M&S / Certificates of deposit stpd.. / St Louis 69 -J&J 77 9 0.50% 1.75% 1.60% 1.60% 1.75% 1.75% 45% 69 83 4Mb series DD 1941-45-A&O b 1.00 2.25 102% 6M 1950 series B.J&J / Certificates of deposit / 99 J&J St Louis Div 1st g 4s 1951-J&J Spartanburg Union & Columbia— Spok Internal 1st 8M Prior lien 5s 85% 50 1st 4s 1995 27 M 108% 90 J&J 104 7M 104" 90% Aiken Branch 4s 1998 1st Mem Div g 5s 1996 115 A&O St L Peo & N W 5s 1948 Phila Bait & Washington— 1st gold 4s 1943 Gen 4s April 1 I960 Gen 58 1974 series B 1941 St Clair Term RR 5s 1950.-M&S St Johns & L Cham 5s 1944 M&S 97% to 2.00 22 % 8% 85 100% 1.75 4Msseries CO 1910-44—J&D .102 M Prior lien 4s 1950 series A- J&J / Certificates of deposit / 98 b b 4 Ms con 1.25 4s series BB 1941-1943.M&S St Louis Iron Mt & Sou— 97% 89% 89% 2.00 M&N J&J J&J / J&J / J& >f J&J / 1957 1933.M&N / Certificates of deposit 107% 112% 112% 117% 103% 108% 97% 2.00 .. 4 Ms Riv & Gulf Divs 4s b f J&J St Jos & Grand Island 4s *47-J&J St Lawr & Adirond 5s 1996--J&J 101 b f / f 1st 4s 1939 79 70% 70% 1.40% J&J 4 Ms stamped 1941 St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s *51.. J&J 102% 99 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948 M&N 4s stamped 1948 M&N Con M 4Ms gold 1960 F&A Gen g 4Ms 1965 J&D Gen g 5s Dec 1 1968 J&D Gen M 4%s 1981 ser D—A&O Gen M 4Mb ser E 1984 J&J Deb 4Ms 1970 A&O (Jen M 3Ms ser C 1970—A&O Oonv deb 3 Ms 1952 A&O 30-yr secured 4s 1941-1964.J&J b Equipment trusts— 4 Ms series D 1941 M&N b 4s series E 1911-1949 J&J b | 51% 48% 102 M Rutland 55% 56% _ 1940 Rutl Can 1st g gu 4s 1949 4s stamped 1949 — 106 53% 54% guar 88% 56% 75 M 57 101M 26 M 1st coll tr 4s 1949 opt A&O ]f Rock Island Ark & Louisiana— 1st guar 4Mb 1934 M&S/ Rock Island-Frisco Term Ry— 105% «. 4s g Rio Gr Wesi • 104 104 Penn Ohio & Detroit RR— 1st & ref 4 Ms 1977 ser A..A&O 1st & ref 4 Ms series B 1981 Phila & Bait Ceni 4s 1951 20 105% A&O A&O A&O -2MsseriesG 1910-1950. J&D 2 Ms series H 1911-1952 M&N 2Ms Oct 1 1940 1954 .A&O 2 Ms series K 1941-1955.J&J Peor & East cons 4s 1940.-A&O Certiticates of deposit 2d cons inc 4s 1990 Apr 1 Peoria & Pekin Union Ry— 1st g 5Ms 1974 series A F&A Peoria Ry Ter 4s 1937 gu op. J&J Pere Marquette Ky— 1st g 5s July 1956 ser A..J&J 1st g 4s July 1956 ser B..J&J 1st 4 Ms 1980 ser C.. M&S Equip tr 4 Ms 1941-1945..M&N Equip tr 2 Ms 1941-1947. .M&N Equip trusT 2M« 19II-'16..J&J Perkiomen RR ext 3 Ms 1951.J&J 7 13" 51% 103% 103% 100% 1939 Cons extend 4 s 1949—A&O mtge 1st Railway— J&J Develop & gen M g 4s '56.A&0 Develop & gen 6s 1956 A&O Develop & gen 6 Ms 1956.-A&O Equipment trusts— 4 Ms series AA 1910-41-A&O 68 63 95 M / Southern 63 42 Rich & Mecklenb'g 4s 1948.M&N Richmond Term 1st 5s 1952.J&J «10113JI 105 Rich-Washington 4s 1943 J&D Paducah & 111 13 55 M 1st consol g 5s 1994 101 1st 5s 1942 M&N Rensselaer & Sara 6s 1941.-M&N 75" A&O / Southern Pacific RR Co.— 1st ref g 4s 1955 opt 1910—J&J Stamped (Fed tax) 1955.J&J 88" 83 ■ Carondelet Branch— 1st extended 4Ms 1938-A&O f M 73 100 Raleigh & S'port Ry 5s '65--J&D jr -s« Reading Belt 1st 4s 1950 M&S ,102 M Reading Company— Jer Cent 4s 1951 opt'06-A&O 54 M Gen & ref 4Ms 1997 ser A-.J&J 70% Gen & ref 4 Ms 1997 ser B. J&J 68% 1.50 Eq 4 Ms 1941-1915 (s-a)-.M&N b Philadelphia & Reading RR— 100M Imp M ext g 4s 1947--.A&O 102 M Extended 4 Ms Oct 1 1943-— 102 Term 5s g gu May 1 '41 Q&F Delaware River Terminal— . - 103 M 98 M _ .. 3 98% J&D Prov & Wore 1st 4s 1947---A&O Raleigh & Augusta Air Line— 1st 5s 1931 J&J / Ral & Gaston 1st 5s g 1947—J&J1/ 3 110% 117% 4s 1946.J&D Ore Short Line 1st 5s 1946--J&J 1st cons guar 5s 1946 J&J 55 M 55 M J&D 5s 1951 M&N Potomac Val 1st gu 5s g 1941. J&J Prov Sec deb 4s 1957 gu M&N Prov Ter 1st g 4s gu 1956 M&S Ogdensburg & Lake Champlain— Ore RR & Nav cons 57" 54 54 4.25 Portl (Me) Term gu 4s 1961-J&J Guar 5s 1961 J&J Portland & Rumford Falls— 1.75% 1.65% 79% f f / f 54 Eq tr 3 Ms Apr 1 1941-1946 3.50 Eq tr 2 Ms 1940-1946 J&D b Pitts Young & Ashtabula— 103 % 1st gen 4sserie8 A 1948— -J&D 111 1st M 5s 1962 series B_—-F&A RR— F&A 1st M 5s 1945 series B J&D 1st M4^s 1950series C—J&J Okla City-Ada-Atoka 6s '54. J&J 83 78 t o4 40 (CP) Aug 1 '49..J&D 47 1st 4 Ms (Ore Lines) 1977.M&S 40-year 4Ms 1968 41M M&S 41M 50-year 4Ms 1981 M&N 4Mb 1969 with warr M&N 41M 49 M 10-yr secured 3%s 1946 J&J Equipment trusts— 1.25 4Ms series H 1940 J&D 1.50 4%sseriesJ 19 11-1942... J&J 2.00 4Ms series L 1941-1944.J&D 2.10 4Ms series M 1941-1945M&N 2 Ms Aug 1 1941-1954 2.50 2 Ms series N1910-1951 M&N 2.40 2 Ms series Q 1941-55..A&O 50.50to Pacific Fruit Express— 1.25 Eq 5s 1941 D (yr) A&O b 108M A&O C 45 M Coll tr 4s 55 1943-M&N ser 70 . '/ 1st M 4Ms 1960 Bid Southern Pacific Co— Pitts & West Va Ky4Ms*58AJ&D 1st M 4Mb 1959 ser B A&O 35 Gen g3 3-lOs 1953 J&D N'western Term Co 5s 1948.F&A 1st M5Hs 1944 113 J&J Unassented 68 „ 1997 Q& J 2047 Q&F imp 4Mb 2047 ser A_J&J imp 6s 2047 ser B—J&J imp 5s 2047 ser C—J&J imp 5s 2047 ser D-.J&J 2%s 1941-1947 M&S b 2X8 1911-1916 J&J b or N J gen 4 %s 2000-J&J f Prioplien g 4s Jan Gen lien g 3s Jan Ref & 1942 Pitts Va & Char gu 4s 64 Ref & 5s assented 119% 109% ^ A&O / 1st gtdg5s 1945 100 Pittsburgh Term RR & Coal— 90 85 M&S M&S Bonds Southern 111 & Mo Bridge Co— 1st Mg 4s 1951 —M&N South Indiana 1st g 4s 1951 -.F&A Ask Bid Bonds Bid 118% b Basis. cons gu g 5s 1963 A&O 116 This price includes accrued interest. ifcLastsale. » Nominal, r Payable in Canadian funds. RAILROAD Sept., 1940] bond prices are "and NOTICE—All Ask Bid Bonds and Stocks Wabash Railroad Oo— 1st gold 5a 1939 2d gold 5s 1939 M&N F&A Deb mtge 6s series B 1939.J&J 1st lien term gold 4s 1954.J&J Det & Ohic ext 1st g 5s '41.J&J Des M Dlv 1st g 4s 1939--J&J Toledo & Chic 4s g 1941-M&S Omaha Dlv. 1st 3 g '41-A&O Wabash Railway Go— Ref & gen 534s 1975 A—M&S 41X 42 12 13 % 21"" 28"" 43 46 y 9H 35 y 7 34 4% "5 y 5 4% Certificates of deposit Ref & gen 5s 1980 ser D..A&O Certificates of deposit 5 Warren 1st ref g 3 34s 2000--F&A 30 5y 5y 5 4s Mar 1 1948 54 57 Unstamped (guar L & N) Nashv Chatt & St Louis 31 34 Newark 44 y 100 Ohic R I & Pacific common-—100 y % y % 100 100 v* y 49 49 y 5734 83% 59 85 1.25 1.75 2.00 107 y 13 13 2,2.5 84 y 88 y 1.00% 1.25% 1.50% 108 y 109 y 1.75 J&D f 5s 1942 13% 14% ,1.75% 113 1.25% 15 10 J&J Winston-Salem Terminal Sup & Dul Dlv 4s 1936—M&N Certificates of depositMarshfield & S'eastern div 12% 13 y ILROAD 50 & Vicksburg (gu) ,.-100 & Susquehanna (gu)..100 ny & Vermont (guar) 100 Alleghany Corp common... * 534% pref (with $30 warr).100 534% pref (without warr)._100 2 34 % prior conv pref * Allegheny & West (6% guar). 100 Atchison & Eastern Bridge—100 Atchison Topeka & Santa Fe.100 Erie 24 H 25 23 H 25 7 ■ 90 Green Bay & 76 Greene (guar D L & W) 44 % 9%i SH 14 y 69 48" ! 54 10 9 . Leased lines (guar) 49 y 65 tr ctfs—See 1 3 6 1 4 com _ 20 13 y 12% uy 12 y 25 30 preferred inn Kansas Okla & Gulf pref A 100 Lackawanna RR of N J (gu).-100 Lake Superior & Ishpeming___100 71 Lehigh 3% 5 9y 4 5% Vallev ... 5 44 75 4iy .. 90 50 96 "234 50 47 49 34 y 37 Louisville Henderson & St Louis— Preferred (guar) 100 Ijouls & Mo Riv pref Louisvilb 1H 2% Lykens Valley RR & Coal (gu).20 Mahoning Coal RR 5" 2 2 y 2 *3 y 1 y 6% 100 iy 1 u 2y pref 5% class A 100 pref 8% class B ; 100 1st pref 7 % class O 100 1st pref 10% class D-.-.100 1st pref 4 4-4% class E 100 6% non-cum pref stamped.. 100 Boston & Providence (guar).. 100 Boston RR Holding pref .100 Camden & Burl Co (guar) 25 1st 2 2H 16 480 - 5% preferred 6% prior preferred 7y 2A 2y 2% 3y 22 (guar) 100 50 53 100 100 50 60 Michigan Central (guar)... Midland Valley 5% pref Mill Creek & Minehill TSfav (gu)25 Mine Hill & Schuyl Hav(gu)__50 Minneapolis St P & S S M— 4% leased line ctfs Mississippi Central 100 * 100 12 Mobile & Birmingham— 36 y 3834 4y pref (guar).. .100 Mobile & Ohio—See Southern Ry 4 5% 4% conv 550 3 y non-cum 87 h 89 Montgomery & Erie (guar) Catawissa RR 1st pref (guar)..50 37 y 37 y 39 y Morris & Essex (guar) 10 50 - - 37 39 Central y 1 y y 2y y % non-cum 3% 13 224 i9y 54 y % 40 12 40 130 66 4 93 36 % % 55 32 * 8% 19% 100 100 preferred 5% Ware Ky 12 32 25 75 7 120 non-cum River 8% 44 130 8 5y 77 242 45 8 28 59 85 60 59 25 42 25 32 % 100 preferred A y 100 k 100 58 W)_„50 22 Jersey & Seashore (gu) 50 Maryland Ry com.^100 54 (guar) J (guar 1 st preferred 2 y 4% non-cum 53 49 17y 77 20 1 y Ve ny 151 (guar) 100 Troy & Cohoes .50 Troy & Or bush (gu N V C) 50 Tunnel RR of St Louis (guar).100 West % 60 y 4 Warren N 2 h 81 95 145 y 173 78 6% preferred - 43 100 100 _* D L & Western ...100 Caro Clinchfield & O (guar)-.100 preferred common 750" 37 100 100 Wabash 36 ^100 preferred 6 35 100 32"" "2"" 15 n 20 30 10 t Quotations 100 Mo-Kan-Texas RRcora.. 7% preferred series A Missouri Pacific com 1H 50 100 ^ 258 y y (guar) .100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar).100 5% non-cum pref (guar) 100 Virginian Ry— 18 324 13 110 3y Valley RR (N Y) 510 50 5y 50 234 8 22 * 4% 56" 55 2 100 — 100 United N J RR & Canal (gu).100 Utica Chen & Susq Val (gu) 100 Utica Clinton & Bingham (gu)100 Preferred (guar)... 100 ■' 23 .100 Y Central) "2" Massawippi Valley 1 (guar)__r._ 100 1—25 Pref (guar N M tin? Central non-cum Union Pacific common 90 (guar).-100 Nashville 100" 50 9 23 21 * Texas & Pacific Ry Troy & Bennington 180 100 50 100 __ Preferred (guar) Miami original guair. & Line common Preferred. 65 39 2 y Air Tennessee 17% Lexington Union Station— >nec firn -r betterir.e^t stk LI I Schuvl Nav RR & Ooal(gu) 2 1st A: Last sale, — ' 100 2d preferred (quar). — non-cum Mob& Ohio stk tr ctfs (gu).100 Southwestern of Ga (guar) 100 Stony Brook (guar) 100 Sussex (guar DL&W) 50 Syracuse Bing & N Y (gu)„.100 i 15 50 1 y iy 5% 41 — 15 25 28 Southern Pacific Co new Southern Ry common.... 66" 18 32 38 Seaboard 2y 98 y 8c 70 Roch & Genesee Val RR (gu)-100 4-2% non-cum preferred ..100 Shamokin Vail & Pottsv (gu)_-50 Sharon (guar Erie). 50 y 15 ^ 4034 61 . Little 83 1 y 85 20 Rome & Clinton (guar) 100 Rutland RR 7% pref 100 Rutland & Whitehall (guar)..100 St Joseph South Bend & Sou— Common (guar) 100 100 100 Schuylkill Valley Nav& RR(gu)50 8 2y 39y cum io y 81 11 50 1st pref non-cum 2d pref non-cum Saratoga & Schenectady (gu) _ ik 12% iy y 7% 14% 39 y * 100 15 7 ■\ . non 40 48 Jollet & Chicago (guar) 100 K j Allegan \ Gr Kap (gu)..100 K C St L & Chic—Pref (gu)__100 Kansas City Southern new * 4% 30 \ 14% 111 Cent stk ctf 1952..1000 preferred St Louis Southwestern 5% non-cum preferred Securs Co Intornat Rys (Cent Am) 5 ' preferred. . 25% 87^ 7% 72 43 6% 14 y 14 y 25 y 73 75 Preferred (guar) 100 St Louis Bridge 1st pref (gu)__100 2d preferred (guar) 100 St Louis-Sau Francisco Ry 100 6 3 ...100 RR 140 Belgian National Rys Go— American shares partic pref— Boston & Alb (guar N Y C)__100 152" 3 100 50 4% 50 Rensselaer & Saratoga (guar). 100 90 .. 130 67 100 100 100 100 100 100 .. Stk 16% 100 6% preferred 100 Hartford & Conn Western... 100 Illinois Central ..100 Non-cum 6% pref series A.. 100 15 42 value 56 147 * * 1 Of. 100 Western 72 32 par 59 53 152 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) 100 Railroad Securities Co— 4% 80 54 (guar) Reading Co .53 634 y 109 Pittsfield & No Adams (guar) .100 _ 80 Gulf Mobile & Northern com.100 45 100 50 Y C) Ry— Iron Ore Prop trust ctfs Preferred (capital stock 72 41 •No 48 50 Bank Go (aru) 75 30 accrued interest. 1 y 1 y iy 1 iy % k 211 Youngstown & Ashtabula— Preferred 68 __50 Pittsburgh & West Virginia.-.100 Pitts 65 (guar) (gu)_.100 7% pref (guar Pa RR) 100 Pittsburgh & Lake Erie 50 iy 63 48 100 Pitts Cin Chic & St Louis (gu) .100 Pitts Ft W & Chic com 32 European & North Am (guar) 100 Fort St Union Depot (guar)100 Ft Wayne & Jack pref (guar).lOO Genesee & Wyoming 100 RR & Preferred 4 60 (guar).-100 Marquette Ry com 100 5% preferred .100 5% prior preferred 100 Peterborough (guar).. ..100 Phila Germ & Norris (guar).. 50 Phlla & Trenton (gu Pa RR)_100 Piedmont & Northern * Pgh Bess & Lake Erie (guar)...60 y 45 % 100 100 Pere 45 % 2y preferred - 48 100 190 Georgia Sou & Fla common...100 1st preferred __100 2d preferred 100 Goshen & Deckertown (guar).. 10 22 50 Canadian Pacific 3?4 non-cum Erie & Pitts (guar Pa RR)— 8% 8 y 100 Southern 12^ 3% 100 1st preferred--100 2d preferred--100 Erie & Kalamazoo (guar) 50 115 Augusta & Savannah (guar).. 100 Avon Gen & Mt Morris (gu)-100 Bait & Cumberland 7% gu 50 Baltimore & Ohio common—100 Canada 140 12 % non-cum 72 h 86 60 Common 133 100 common 4% 4% 12 sy 48 Unstamped— 1st pref 5% class A 1st pref 8% class B 1st pref 7% class O 1st pref 10% class D 1st pref 414% class E 6% non-cum preferred. 7% prior preferred Stamped— 90 y Rockaway (guar)—100 East Mahanoy (guar) 50 East Pennsylvania (guar) 50 Elmira & W'msport (guar)— 50 Preferred (guar) 50 107 100 Boston & Maine common 86 20 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar) 100 Atlanta & West Point ...100 Atlantic Coast L Co of Conn..50 Atlantic Coast L RR com 100 N 35 Dover & 93 y 2 100 50 100 conv Peoria & Bureau Val Peoria & Eastern.. 81"" 1% 2y 37 y 95 3 50 erred (guar 1 50 111% 3% 3% .. 77 Detroit Manufacturers (guar) 100 18 y 5% conv preferred 3 n2 y 100 preferred 3 Qc; 41 non-cum 78 2 Southwestern (guar) Detroit & Mackinac Ry Georgia ma Beech Creek 76% 46% Great Northern eat Southern com 4% non-cum prof Bangor & Aroostook com 60 60 STOCKS 5% non-cum pref— 39 125 63 46 5% 31 1st gold 4148 1943-J&J Yosemite Vaits f g 5s 1936-.J&J 36 . Western— 83 115 (guar Penn) 25 Denv & Rin Or West 6% pref.100 Detroit Hillsdale and 30 4s 1951.. ......M&N Worcester & Conn Eastern Ry— 109 Delaware Co— 1st s f guar 3 34s 1970 M&S Wisconsin Central Ry— 1st gen g 4s 1949 --J&J Certificates of deposit 1st & ref 4s 1959 A&O 107 103. Delaware Lack & Winston Salem Southbound— 1st gold guar 4s 1960 — 80 105 Delaware & Hudson Co 30 Willamette Val Southern Ry— F&A f Wilm & Newborn 4s 1947 F&A Wilmington & Nor 4 4s "77. _J&D Wilmington Ry Bdge 5s '43.A&O y -20 100 . 50 N Y New Haven & Hartf 100 Adjust 4% non-cum pref 100 No Carolina (guar Sou RR)_.100 North Pennsylvania (guar) 50 Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar).. 100 Northern RRof N J (guar). 100 Norwich & Worcester pf (gu)_100 Ogden Mine RR (gu Cn N J). 100 Old Colony (gu N5NH&H).. 100 Certificates of deposit ; Ontario & Quebec (guar) 100 Oswego & Syrac (gu D L & W) 50 Passaic & Delaware (guar) 50 Passaic & Del Exten (guar)__100 Paterson & Hudson River (gu)_50 Paterson & Ramapo (guar) 50 Pemigewasset Valley (guar).. 100 Pennsylvania RR.. 50 Pennroad Corp Com 1 H pref 100 Clearfield & Mahoning (gu)—50 Cleve Cine Chicago & St Louis— Common (guar) 100 5% non-cum pref (gu) 100 Cleve & Pitts (gu Pa RR) 7%.50 Special guar 4% -50 Colorado & Southern 100 4 % 1 st non-cum preferred 100 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-com pref..100 Dayton & Mich com (guar) 50 Preferred (guar) 50 Delaware & Bound Br (guar). 100 Common.^ 106 com non-cum pref N Y Ontario & Western.. Norfolk & Western Ry Vie y y 90 —100 (guar) Cin Union Term 5% 90 20 1st 5s extended 1948 J&Ji/ Wichita Union Terminal Ry— lstggu 4J4s 1941 opt 10334 M&N Wilkes-Barre & Eastern— 1st guar g 100 preferred._—100 102 50 50 7% Cin New Orl & Texas Pacific- .. 6s 1939, 5% non-cum preferred Chicago & North Western 100 100 iy % % 13 y 14% 25% (gu) (gu) N Y Lack & West (guar) 10% Pacific- Preferred White & Black River Valley— 1st 5s 1980 J&J / Wichita Falls & Southern— % y Preferred 1913 Western Ry of Ala 4 34® '58--A&O Wheeling & Lake Erie RR— 1st consol gold 4s 1949.--M&S Eq tr 234s F Nov 15 ^O-^— N Y & Harlem Cincinnati Inter-Terminal— 63 — iy 2y 1 73 100 com 6% preferred series A 7% preferred 6% preferred 110 N Y Chic & St Louis * 106:4 15 20 (gu)..100 New Orleans Great Northern .100 New York Central RR ♦ ■ 43 Bloomfield (guar)..50 1% __ non-cum 1 y 44 25 25 3 h 2% % 50 Chic Milw St Paul & 7% & 25 35 100 1 y k -40 100 31 46 Nashville & Decatur— Original (guar L & N) 97 2 * l__ "4% ■ New London Northern New 5% 100 Western Pacific RR Corp— 1st M 5s 1946series A....M&8 Assented 5s 1946.. trust 5s— I w 6% old preferred Chicago Great Western— New common w i "5 y 65 Washington Co Ry 1st g guar 334s Jan 1954 opt 192 ..J&J Washington & Franklin Ry— 1st extend 4 ^8 1954 J&J Wash Term Co—3 1945--F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4!4s 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 1st g s f 4s 1990 A&O Western Maryland 4s 1952-A&0 1st & ref 54s 1977 ser A.-J&J Eq tr 4V*s E 1910-1941— J&D Eq tr 2'Xa 1940-1946 J&D Eq tr 2s G 1940-1949 West N Y & Penna 4s 1943.A&O Equipment common 3y 434 Hill Common. Q-Mar 78 (guar) -50 Chicago Burl & Quincy 100 Chicago & Eastern Illinois— Chestnut Washington Central Ry— 1st Bid 41 3 15 100 preferred wi 50 4% preferred old 100 Chicago Ind'polis & Louisville— 4% non-cum preferred —100 4 Par Morris & Essex Exten (guar) .100 Mt Carbon & Pt Carbon (gu)__50 Nashua & Lowell (guar) 100 40 y 92 y New preferred w 5y Stocks 16 y Chesapeake & Ohio common.-.25 New 5 Ask ny 5 Certificates of deposit Ref & gen 5s 1976 ser B..F&A Certificates of deposit Ref & gen 4 1978 ser O.A&O Bid Par Stocks Cayuga & Susq (gu D L & W) 30 Central of New Jersey 100 Chattahoochee & Gulf (guar)-100 Chesapeake Corp -* Preferred series A ny 39% 8% 71 BONDS where marked "f" and income and defaulted bonds Interest" except 100 2d pref 3 H 51 ..100 5% Western Pacific RR Corp— 6% uon-cuxu preferred 100 Wheeling & Lake Erie Ry....lOO .69 H 4% prior lien 100 54 % 100 95 Wilton (guar Boston & Me).. 100 25 cum preferred 90 6 3 24 y 25 H 39y represent dollars per $100 face amount, Nominal, x Ex-dividend. a Called for redemption, see page 111. ft Basis. /This price Includes NOTICE—All bond prices are "and interest" except where marked 4,f' Stocks and Bonds Ask Bid Par Per 5% * ---1 1.25 J&J 10.56 11.23 8.28 9.00 Credit Service deb 6s w w 2.48 2.72 ♦Crum & com 1949—J&J 100% IX „ M&S Coll trust 4s 1947— J&ip F&A 4%s stamped 1946 Administered Fund Inc Aeronautical Securities com Sec conv deb 4s 1949 Sec conv deb 4%s Inc Air -* Investors Convertible 99% Warrants AA .... 25 30 Diversified Trustee Shares— O shares.. 3.25 2% 12% div ser w w 6.20 3.06 11 * 63 69 25 29 30 25 28 %6 5s series B 1958. ...M&N Amer Foreign Investing 10c 1 $2% preferred ....—1 $3 preferred -—1 Amer General Equities Ins—25c Amer International Corp * Conv 5%b 1949 J&J American General Corp $2 preferred Amer Insuranstocks Corp...— * Investment (111)— 1 * 50 preferred conv Associated Gen Util com Inc deb 5s ww 1956 Income deb 4s 1961 - 1% % 4 - 5 102 102 "6.04 —6.77 26 3% 27% 27% 28 32 36 2% 3X 97% 3% 98% 5 * 33 36 88% 89% 100 .A&O 6% preferred Option warrants. ♦Bankers Nat Investing A ~7% 48% 1 % 4% '3% 5% preferred, 6% preferred 60 10 6* 4% 5 4 11 12% 3.32 4.05 10.34 11.18 58% 17.86 8.49 19.26 Economic Inv Tr Ltd 5sA*57M&N Massachusetts Investors Trust..! Mass Investors Second Fund Inc. First Mutual Trust Fund Fiscal Fund, Inc.— American Deb 5s General Feb General 1 Capital Gen Finance $6 preferred Warrants General Investors Trust General Public Service Corp 106 108 1 1 5 50 Boston Investment Co British Type Investors A Broad St. Invest Co Inc 22 12% 10% 11% 2.60 3.40 7% preferred Conv preferred 6% cum preferred Century Shares-Trust 56 3% 37% 47" 68 73 100 2% 93% 96 93 23" 20 % 3% 5 1 1% 1 1% 1% 1% 27.50 24.52 15.76 16.77 3% 4% 1 com...100 ...100 Preferred City Investing Co 100 Preferred 70 9.30 10.06 27.50 27.90 135 140 44% ...100 105 Cleve Securities 4~6a to 1943.J&J Collateral Bankers Inc— 7s series A & B 1950 Q-F 7s series C 1959 Q-M 7s series D 1956 Q-J 50 6s series AA 1953 6s series AB 1948 Q-F Q-M Q-J 100 68 series AC 1952 Collateral Loan Commercial Banking common..1 $1.20 preferred 10 7% preferred Commercial Credit common 4 %% conv preferred Commercial Invest Trust $4.25 conv preferred 101% 101% 101% 98% 98% 98% 32 33 Commonwealth Loan 5% pref 100 Commonwealth Securs common. 1 95 99% 38% 102% 1% 105% 1% 3.15 3.43 39 95 3/ "22 - Preferred Consolidated 13 Consumers Credit Serv 6s 1962.. 20" Continental Securs 5s 1942 36% Continental Shares common ♦6% preferred.. Corp Securs 5% ctfs ' n /S 13% Invest Trust com.l ♦ M&N'/ ♦ 100 1935..M&Sl/ 37% 3c 8% % 9% 5.70 6% 25c 3.28 1.04 1.18 1 10.52 11.34 6.33 4.48 9.92 6.86 4.86 10.72 ...... ... 7.68 8.31 5.55 8.06 8.72 Electrical equipment insurance 6.90 7.47 8.92 9.65 Machinery 8.10 Metals 7.48 5.99 Oils 5.90 6.40 Railroad 2.54 5.12 2.75 5.56 5.87 6.37 100 %> 16 16% % 64% % 62% Railroad equipment Steel stocks „• 14 10 stocks Niagara % 1% Class B 5%s M&N 1950 6.50 8.58 J&D 92% Collateral 4« 1951 1953 * 1 2.49 1958 --.1 2.08 1949.F&A 99% Oils & Petroleum Shares... 3.58 3.27 4.73 3.91 3.57 5.16 Oilstocks Ltd Equip Shares 4.54 4.95 Old Colony Invest Trust Debenture 4 %s Feb 1 29% H % 31% 8 25 25 25 25 26 57 60 com 5% preferred —100 Holding Corp ..1 Illuminating & Power Securities— 1st preferred ...100 Incorporated Investors ...5 Independence Trust Shares * ♦Huron 102% 7c 27 104% 27c 13.46 14.47 1.98 2.21 1% —25 % %« 9% % 6% * 12% shares Insurance Group Shares— Insull Utility Invest— Deb g 6s 1940 B with war . J&J Insuranshares Co of Delaware..1 Insuranshares (Md) ctfs Inc—1 International Holdings & Inv..^. Internat Securities 7% pref 1 International Utilities class A—» .95 1.03 1.15 1.27 5 1 lnr> 25 Class B * * 4%scoll tr AAA 1941-43.. A&O 5scoll tr BBB 1944-51 A&O 4s coll tr CCC 1939-42-- M&N Invest Bond & Share 5s A 47.J&D Investment Co of Amer ...10 Investors Fund of AmerSerles Cl Industries Oklahoma % % 5% % % 10% 1% 8 * % 5% 3 6 9 ,24 % 27 10 2 Com..* 2% Debenture 4%s Dec 15 1952 Old Colony Trust Assoc * Overseas Securities Co * Deb 5s April 1 1948.....A&O Pacific Eastern Corp Pacific Finance Corp (Calif) Pacific Southern Invest pref Class A 97 10 * ...* * 17.46 8.96 9.56 2% 4% 11 11,% 23% 3% 25% 4% % 7* 3f* • 6% 7% pref class A Plymouth Fund Inc Provident Loan Society 6% ctfs. 29M .38 112 110 * 6 6% $6 preferr-i ♦ Putnam (Geo) Fund 1 Quarterly Income Shares 10c 5% deb series A 1942 M&N Railroad Employees' Corp— Class A common * 100 6.05 102% 13.24 6.85 98% 101% 8% 9% 10% Prudent ia1 Investors .. 12.38 PrcfGrrcd 10 — "11" '55 A&O Railway & Util Invest A 1 3%% preferred.. * Representative Trust Shares 10 Republic Investors Fund Conv 4%s ser A 1950 F&A Reynolds Invest 5s 1948 A&O common. Continued e on page Ex-coupons. 84 — %« 5 4 8.90 9.40 3.07 3.45 98 - 52 "6" 1—* * 10c % 78.20 10 % 35c 1 79.78 I / Flat price, — 54|| % 20c Scudder, Stevens & Clark Fund Called for redemption; see page 111. — 104% % 1 Common stock Inc 7 6 Conv coll 4 %s ser Pomeroy 27% 16.15 16" 85 4 5 * 10 10c conv 15% 1% 80 1 Class B 3 100 98 1947 $6 preferred Corp Royalties Management A ♦Schoellkopf Hutton and 99% 41 3 37 Rossia International 99% 100 2% 5 — 80c % 7% % 1% Carey Trust Oklahoma Southern Trust $3 16% 16 1 Railway & Light Securities com Preferred 100 1 5 2.54 1 com Preferred Petroleum Corp of Amer Phoenix Sec Corp 96 1.96 .1 2.71 1 94% North American Trust Shares— 5.18 %6 % % 1034% 95 88 45% 5.21 1 4% 100 North American Bond Trust Ctfs. North American Invest Corp— 2.48 ... 102 5 common.. Class A preferred 39% 6.50 Share Corp (Md)— Conv deb 4.75 a 1 * Automobile.. Aviation 4.78 * No par value, 62 5.11 $6 1st preferred * $3 2nd preferred * Debenture 5s series A 1948-M&S Heller (WE) common __2 Quotations not furnished by sponsor or issuer. Nominal, r Canadian price, x Ex-dividend 18 60o« 5.30 5% 1 (Colo) ser B shares (Md) voting tr shares New England Fund New York Stocks, Inc.— Investing Shares Merchandising Shares Mining Shares $1.75 preferred $3.50 prior preferred Interstate Bond Co— 94 15% Wide Securities— Ohio Finance Co. 4%s Common x-w 86 100 w w 2% Building supplies 4.12 Preferred 13 11% 15% Bank 3.78 Household Finance 11 Chemical 5.47 w 5 4.87 5.07 5.97 7.89 Preferred w 24 % 31% Building Shares com 22 4.47 4.81 Guardian Investors 25 2 % 29% 98% Bank Group 10 A 9.05 1 4.23 8.22 Inland Investors—.... Institutional Securities Ltd— 12 ser 9.89 10 1 Nat Bond & Share Corp ...♦ Nat Indus Loan 7s 1957..Q-Jan Agricultural % 52 7.54 Preferred.. 14 * 27.78 97 3.88 6% preferred 10 Commonwealths Distrib'n Inc.-l Commonwealth Investment.. 105 25.84 4.41 Industrial Securities Corp 91 Bond & 6 8 * A&O Industrial Finance vtc 12 * 103% 1 Independence Fund of N A— 20 100 103 132 Tobacco Shares %6 * Securities 97 Aviation Shares Steel Shares 2 1 1 * Christiana Nation Automobile Shares.. Railroad Chain Store Investors Trust Chemical Fund "5% Electric Equipment Shares Food Shares 2% Chartered Investors $5 preferred common 3.98 Chemical Shares 4% 42 100 100 100 Conv pref series of 1929 53 * Deb 5s with warr 1950. _M&N Cent Invest Corp 5-6s '57-.A&0 ♦Central Nat Corp class A * ♦Class B • Central States Electric Corp 1 .* National Investors Corp Nat Trust Shares Re modified * Corp 4%s 1959 Group Securities, Inc.— Agricultural Shares 52 100 1 5.12 Gotham Credit class B 5 Great Britain & Canada Invest¬ Pap Invest Ltd— 10 4.36 _ ment 1956 2 44 11% 1 Invest com...* 4.10 16.27 45 20 F&A National 3.60 14.97 27 ♦ Deb 5s series A 1958 com 40 1 Capital Administration cl A $3 cum pref series A Carey Trust of NY Original Carriers & General Corp National Aviation 42 ".29 22.58 5 Canadian Pow & 15 Goodall Securities .14 Canadian internal Inv Trust— 5s series A 1959 A&O Canadian Invest. Fund Ltd 1 13 (N Y)_10 Fund 8% preferred Gleneagles Invest 5s June 15 1941 Globe Indus Loan 6s 1955 J&J 19 22 Mutual Investment Mutual System com * com 20 2.36 3.21 5% preferred 41 92 1 1947 4 «£* 90 2.13 2.89 8.46 * 27% 10 M&S 10c 10c 5 27 1% % 4% Preferred * 1% 32% 5 Sec 6s common w x-w 9.13 31 1 25c 6.36 14.40 20.89 New 4% Manufacturers— Monroe Loan Society class A Plan old common 13.39 1 & Securities A common 1 Partic preferred * Midland Invest Corp (Mo)— 38-1953 M&N Morris 24 % 39% 5 .25 19 24 % 36% Bullock Fund Ltd 20 $6 preferred * Gen Shareholdings Corp com—1 $6 conv pref ww _* German Credit & Investment— Pref allot ctf 25% 1st pref. Brooklyn National Corp Burco, Inc common $3 conv preferred 5 17% * J&J Gen'l Realty & Utilities Merchants 1 5.73 deb 5s '51.J&D Investment Corp I ,.10 77 25.06 6.55 50 5 F&A * 1952. 9 100 Investors Corp Conv deb 5s 1953 Mass Utilities Associates vtc 5 % conv partic preferred 17.41 conv 55 75 23.31 % 19% 17-% 25 16.18 15% 10 A Class A General ~6% 6 21% 10c Corp Morris Plan Indus Bank Bank stock series 50 preferred Marine Midland Empire Capital Corp A__ .5 Empire Power Corp partic stk_* $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 $2.50 prior preferred * Beneficial Loan Society com ♦ 6% profit share deb 1956.-Q-J Boston Fund Inc 7.23 1 $6 preferred conv 3} 73.80 4% 20 $3 20 j 3.9o 19X 1 Manhattan Bond Fund Inc 19% 3% 30.60 5 Beneficial Industrial Loan. ♦Bfalr & Co Blue Ridge Corp common 17 63 40 10c $6 preferred 7% % Lawyers Mtge Inv (Boston)— 1st 5 %s series B 1945 M&S Lehman Corporation.. 1 Liquidating Shares Loomis-Sayles Second Fund 10 Loomis-Sayles Mutual Fund * 28% Maryland Fund Inc 10 47% 6.04 % 16% Class B 5 3.47 5.48 17.84 4% .50 Bankers ukc Securities Corp com..50 Basic Industry Shares 4 3.07 1 10 15% Foundation Trust Shares ser A..1 Fulton Indus Sec units Fundamental Investors Inc 2 Fundamental Trust Shares Inc— 27 Fund Trust Warr 16.61 52% 20 11.50 7.77 22.29 14.13 7.13 14.69 9.10 12.68 8.62 1 Foreign Power Secur 6s '49 J&D M&N 2 20.34 * $6 preferred series B Management Eaton A Howard Fund A-l 28 40 c Larkins 16 27 % 49 28 Knickerbocker 1.13 2% % 12% 10c 5.85 1.03 61 * * 12 23 5% preferred Eastern States Corp com $7 preferred series A 28.57 Series S-4 5.20 28 Domestic Finance pref * Dominion-Scottish Invests Ltd— 1st coll 4s series A 1952 J&J Eastern Equities Corp .5 Insurance stock series Fixed Trust Shares series c—* Associates Investment Co Atlantic Secur 4%s A 1953 Atlas Corporation common 1 34 M&N v t Associated Stand. OH Shs 2.50 ._25c 37% 26.12 13.36 8.22 ... Series S-3 1 Series F 30 % American European Secur Coll tr s f 5s 1958 ser A—-J&J 5% 6.05 1 $2 preference 13% 100% 1% % 17% Amer Discount Co of Ga $2 pref.* Amer Elec Sec partic pref—...1 American 5 2.77 10c Class A opt Class B D shares 16.48 % 36% 12.83 6.47 Series B-4 Series S-2 1% _ Series B-3 4.32 Series K-l Series K-2 1 Amer Cities Pr & Lt cl A Series B-l Series B-2 1.31 % 22 Keystone Custodian Fund— 2.55 Capital Corp A........10c |3 preferred. 29% 111 X 22 2 Superpower Corp A com_« 15.24 99 *5.601?rior pref 27% 10 Dividend Shares Class B 28% 115 100 * 18* 25 25 Deb 6s 1963 (bx-warrants.-J&J 1 $3 convertible preferred —• Holding Corp Amer British & Cont 5s '53 F&A Amer Business Credit A..—-—1 Amer Business Shares........-1 Amer Italian ft. * Deposited Bank Shs N Y ser A..1 Deposited Insur Shs ser A 1 Allied Int Investing Corp— ♦Amerex 26% 1 25 common Preferred « 6 5 Royalty Preferred 30 * Alliance Investment com 2.46 100 ♦Crum & Forster Insursh B Investors Investors Trust 2.46 10 •7% cum preferred Cumulative Trust Shares Delaware Fund % 1968— Forster Inc 1 .1 1 2.09 *48.Q-F / ♦8% preferred (Can)— Aldred Investment Corp Deb 4%s with com shs (modified) (modified) 2.09 Ask Bid Par Per share 25 ——-- Aldred Invest Trust (Mass)— Deb 4%s with com shs 1967— - AOC 100 21 18 preferred Accumulative series 1 Bonds ana share 2.12 Corporate'Trust shares old ser.-l AA Stocks Ask Bid Par Per 5% 99% 100% 106% Adams Express com Coll trust 4s 1948 Affiliated Fund Stocks and Bonds share and income and defaulted bonds of the month preceding the date of issue Quotations for all securities are as near as possible for tbe closing day k Last sal Public Utilities (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 Co (Italy)— Extls f 7s 1952 A&O Ala Gas Co 1st M4Hi 1951-F&A 34 40 H 101 % 107 H 106 H 108 104 % 103 105 H 103 H 105H 106 H 1 st M 5s 1957 ser A — J&J Albany Ry 1st cons 5s 1930—J&J f 102 102 H 42 General 5s series A 1947--J&D f All America Corp— — 4 39 107 30 36 A&O 72 74 Alliance Pub 8er(Ohlo)5s '57 M&S Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 1954— J&J American Community Power— 5Hs Certificates of deposit 1953 80 f Amer Elec Pow deb 6s "57 M&S15 r Cum income 4s deb B 82 84 Deb g 49 M&S 5s 2030. Amer Fuel & Pow 7b 1934-J&J American Gas & Electric Co— 2Hs s f debs 1950 J&J 3Hs s f debs 1960 —J&J 3Hs s f debs 1970 J&J r Am Gas & Pow deb 3-5s '53-F&A Secured deb 3.6-6a 1953—-J&D Am Pow & L deb 6s 2016—-M&S Amer RyB Corp coll 4Hs '53-A&O Debenture 4 Ha 1963 A&O American States Public Serv—• 1st i 5Hs 1948 ser A M&N Deb 6s 1938 -J&D American Telephone & Teleg— - Deb 5Ha Nov 1 M&N 105 108 Vs 109 H 55 62 110 105H 88 M&S 35 56 1st mtge 4s 1963 F&A Sf deb 4 Us 1948 F&A Appalachian Power 6s 2024--J&J Ardmore St Ry—See Phila Co. 108 H 105 H 125 J&J _A&0 91H 93 Arizona Power 5s 1950 F&A 104 H 1st & ref 4Ha 1950 F&A 104 Arkansas-Missouri Pow Corp— 1st mtge 4s ser A 1965 J&D Arkansas I' & L 1st 5s 1956.A&O 106 109 H 109 H 89 H 106 H 100 H 60 108 H 105 H 128 93 H 95 H 102 102 H 105 H 106 H 97 . 100 102 105 48 H 5s Jan 1 1961. J&J 55 H Associated Gas & Elec Co— Conv deb 5 Ha 1977 14 % F&A Conv deb 5s 1965 11 ..M&N Conv deb 5s 1950 F&A, •14 H Conv deb 4 Hs 1919 14 H J&J f Conv deb 4 Ha 1948 14 H M&S J Cons ref deb 5s 1968—...A&O / 14 H Cons ref deb 4 Ha 1958—.M&N / 11 8 f Inc deb 5s B 1983 10 M&S / S fine deb 4 Ha C 1983—M&S f 10 8 fine deb 4a D 1983 10 M&S 8 fine deb 4H-5Hs A 1986 F&A 10 8 fine deb 5-6s B 1986---M&S 10 Conv A 5s 2002 1H Q-F Conv A 6s 2002 1H Q-M Conv A 7s 2002 1H Q-F Scrip 4s 1941 2H Scrip 4s 1942-— 2H Associated Gas & Elec Corp— 8s ex-warrants 1940 ..M&S 61H Income deb 4s 1978 Income deb 3 Ha 1978 Income deb 3 Ha 1978 49 H 56 H 15 12 15 1 tH 15 13 13 13 12 13 13 1H 2 2 4 4 63 H 29 H M&S 27H 27H 25 H 23 H F&A 14 H ..A&O 14H 14 H 15 H 15 H 15 H 14 15 F&A J&D J&D M&N M&S 29 H 27 Associated General Utilities— Investing Companies. Associated Pub Utilities Corp— 78 H 79H 65 68 66 67H 51 51 51 51 Certificates of deposit 51 2-yr 6 % notes 1933— A&O 143 Certificates of deposit-. / 143 Athens (Ga) Ry & Electric— 80 104 106 H 106 Called for redemption: see page 111. 50 75 105 104 105 1st & ref 5s 1948 ser B 113H 114 1st & ref 5s 1960 ser C 133 % J&J A&O Bellows Falls Hydro-Elec Corp— 1st mtge 5s 1958 A&O Bergen Turnpike 5s 1951—.-J&J Berkshire Street Ry— 1st extend 6s 1947——-J&D Berlin City Elect 6HS 1951—J&D / Sink fund deb 6Hs 1959—F&A / Deb 6s Apr 1,1955 A&O / Berlin Elec Elev & Underg Rys— 1st mtge s f 6Hs 1956 A&O / Birmingham Elec 4Hs 1968-M&S Birmingham Gae 1st 5s '59.M&N Blackstone Val Gas & Eleo— M & coll tr 4s ser C *65—M&N 3Hs 3Hs 3Hs 3Hs 3Hs 3Hs 83" 79 44 49 13 H 22 4s Dec 1 1947 18 102 J&D 106 H b Basis. 100 100 99 H _ 109 H '66_ A&O - — — — . 119H 66 68 67 68 ———J&D 101H — 101 92 Central Maine Power— 1st & gen 4s ser G 1960—A&O 1st & gen M 3 Hs ser H '66. F&A 107 107 107 1st & gen M 3 Hs ser J 1968J&D Central Mexico Lt & Power— 1st s i 6s ext to 1950 J&J 109 H 109H Central Power & Light Co— 91H 91H 1st mtge 4s ser C 1964 78 % 102 H --J&D M&S 100 95 103 102 103 H 103 Central N Y Power Corp— Gen mtge 3Hs 1962. Central Ohio Lt & Power— 102 % 102 102 H J&D -J&D -J&D — 4s 1947 4s 1948 116H 100 H J&D .J&D J&D J&D — 4s 1945 104 105H J&D - . 3Hsl942 3Hs 1943- 13 25 A&O 107H F&A 103 H 101H Cent Pow 1st 5s 1957. ser D.J&J 1st mtge 3 Hs ser A 1969.-F&A debentures— 104 H 1 1 Hs Aug 15 1940 1 Hs Feb 15 1941. 1 Hs Aug 15 1941 100 2s 2s Aug 15 1942 100 99 H 2s Feb 15 1943 2 Hs 2Hs 2Hs 2Hs Aug 15 1943 3s 3s Feb 15 1946-Aug 15 1946- Serial 95 54 H 95 54H 48 H 103 48 H 91H 91H 9lH 100 Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons5sg'45M&N 111 1st lien & ref 6s '47 ser A. -M&N 1st I ien & ref 5s ser B 1957 M&N Deb 5s 1950. J&D 111H 113 H 106 H 95 lll'H F&A 106 H 95 H 112H Gen & ref M 3 Hs ser O '67-J&D 2s deb A 1941-1942——J&D 3s deb B 1943-1947 J&D 100 H 102 102 105 3Hs deb O 1948-1952 103 107 J&D 105 H Buffalo Traction— See International Ry 77 68 H 80 70 105 105H /This price includes accrued interest, 98 99 98 Central Public Service Corp— Conv deb 5H8 '49 ... F&A Cent Public Util.(ws)Inc5H«-1952 1H IH Central States Edison. Inc— 1st coll inc 3-5s 19&0——M&S 76 Central States Elec Corp— Conv deb 5s 1948 __J&J 32 H 31 % .M&S 15 Central States Electric Co— 1st mtge 4s 1964 102 ____-J&D 76 H 52 H IH Debenture 5s 1944— J&J Cent States Utilities 6s 1938. J&J Cent Telep (Del) 6s 1938—-M&N 10 107 / ark Charleston Cons Ry Gas & El Consol gold 5- 1999 M&S Charleston Trai • ii Co— 107 H 90 115 M&S 83 Gen & adj 5s 1952 —M&S Coll trust 5s notes 1942 M&S 65 — _. Chicago Aurora & Elgin RR— 1st & ref 6s 1951 J&J / 92 2H Chicago City & Connecting Ry Coil tr s f g 5s Jan 1 Chicago City Ry— 1st 5s (15% paid) 62.25% 62.50% 62.75% 63.00% 43 99 99 98 H 98 H — 1944 1944 1945 1945 1st 5s 194 100 H J&D 15 15 15 15 Central West Public Service— 5Hs 1956. 120 81 A&O Feb Aug Feb 2Hs Aug Cent Vermont Public Serv Corp 1st mtge 3H? ser B 1966--F&A 120 105 Butte El & P 1st a f 5s 1951. J&D Cairo Bridge 1st inc 6 Hs '58.J&J Calgary Power 1st 5s 1960—A&O 1st a f 5s 1964 —J&D California-Oregon Power— 99 H Cent States Pow & Lt Corp— 1st M & 1st lien 5Hs 1953. J&J 103 H F&A 99 H Feb 15 1942.. Deb5Hs 1954. Buff & Nlag Falls El L & Power 4Hs May 1 1945 4 H s May 1 1946 Calif Water & Telephone— 1st mtge 4s 1969 101 100 H Cent Indiana Gas 5s 1957 100 1942 101 4s 1946- A&O 1st gold 5s 101H 101H 100 H 100 H 1st mtge 3Hs ser A 1968 Serial debentures— 118 __ Buffalo General ElectricGen & ref 4Hs 1981 Buffalo Niagara Electric— 101H 101 y 101 h — 4s 1944 — 1944 101 4s June 1 1948 48 Dec 11948 4s June 1 1949--.Cent Illinois Light 3 Hs 56 H 1st & ref 5s 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 Hs 1966 M&N Bklyn-Manhattan Transit Corp Coll trust 4Hs 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 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 1st 5s 101H 101H 101H Central Illinois Public Service— 110 103 H r 103 100 H 3Hs 1940 3Hs 1941 Brith Colum Pow 4Hs 1960.M&S British Columbia Telephone— 109H 102 H __J&D 4s June 1 1946 4s Dec 1 1946 13 99H 102 H 101 106 H -. 4s June 1 1947 13 H 106 H 1927-A&0 6 1927—-F&A 41H Chic North Snore & Milw RR— 1st mtge gold 5s 1936 J&J 1st & ref 6s 1955 ser A J&J 1st & ref 5Hs 1956 A&O II 44 k Last Rale 96H 93 H 15 M&S June 1 1943 Dec 1 1943 June 1 1944 Dec 11944. June 1 1945—— pec 11945-——.. 13H 99 & 93 —- 101 J&D 3s Dec 1 1940 3s June 1 1941 3s Dec 11941 3s June 1 1942 3s Dec 11942 100 Bridgeport Gas Lt 4s 1952..J&J 100 104 H Central Illinois Elec & Gas Co— 104 109 H Mtge&Colltr 3jHs ser D*68 J&D NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940---M&N Bolivian Power 8s ser A '45.A&O Boston Elevated Ry— Deb g 4 Hs Nov 1, 1941 - -M&N Deb g 5s Dec 1942 J&D West End St 5s 1944—-M&S 7s Sept 1947.M&S Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953 M&N 102 Gas & Elec 6s 1946-M&S 1st mtge 3H« 1964 Serial debentures— 18 77 104 H Cape & Vine'd El 4s A '65. --J&J Capital Traction (Wash, D C) 1st g 5s June 1, 1947 J&D Cent Ark Pub Serv Corp— 1 st & coll tr 5s 1948 ser A. _F&A Cent El & Tel 4Hs A 1965—J&J Central 83 H 60 M&S 101H Calumet & South Chicago Ry 1st (35% prin paid) 1927 F&A / a 104 H 103 H 4s May 1 1943 4s May 1 1944 . J&J Atlanta Gas L 5s g 1947 J&D Gen mtge 4Hs 1955—...M&S Term 6Hs 1951 82 r Canadian Utilities Ltd— 1st mtge 5s ser A 1955—M&S 1st & ref 5s 1941 1st & ref 3 Hs 1965 111H 103 Canada— _J&D O M&N Bell Telep Co of Pennsylvania 5s *53.M&N J&J First lien coll tr 5Hs '46-.J&D Central German Pow 6s '34-J&D / Cent Hud Gas & Elec Corp— 1st mtge 4s 1966 104 _A&0 Calif Pac Ry (see Pac Elec Ry) California Water Service— 1st 4s ser B 1961. 106 H M&N Serial 3 Hs May 1 1941 51.00% 3Hs May 1 1942 61.75% 51 - f g 5a 1950 33 38 H 97 1st g 5s 1957 ser B 1st mtge 5s 1960 ser Deb gold 5Hs 1942 Associated Telephone Utilities— Deb 6s series A 1941——M&S Certificates of deposit Conv deb 5s series B 1942.A&O Certificates of depositConv deb 5Hs 1944 ser C.M&N s 32 H 37H - J&J M&N Associated Telep & Teleg Co— Deb 5 Ha 1955 ser A M&N 1st & ref 104 Burlington (Vt) G L 5s 1955—J&J Butler Water 5s 1957 A A&O See 1st lien 58 1947 aer A Deb 6s series A 1958 64" 59 5a '60.M&N 1st 4Hs series B 1961 Broad River Power Co— Arkansas Western Gas Co— 1st s f 6s ser A 1953 —A&O Ashl'd Home Tel 4 Ha A 1961 A&O Ashtabula Wat Wks 5s 1958-A&O Assoc Elect 4H» 1953J&J Conv deb 5_Hs 1973 Conv deb 5s 1973 Conv deb 4Hs 1973 Conv deb 4s 1973Income deb 4 Ha 1978 Beaver Valley Water 105 Ask P S Corp Canadian L & P 5s '49 op *14 Canadian Rail & Harbor— Bleecker St&FulFy-See 98 H Androscoggin W Pow 6s '45.F&A Appalachian Electric Power— a 54 101 Anchorage Lt & Pow 7-9s'43 F&A Androscoggin & Kennebec Ry— Arizona Edison Co— Income 5s 1960 Income 6s I960- 71H 10H AmerTJtil Service 6a 1964—M&N Amer Water Works & Electric— Deb 6s 1975 ser A M&N 1st 6s 1940.. 63 102 % 95 1051332 109 108 H Deb 5s 1975 ser BJ&D Ana&Pot R RR-See WashRy&El 56 f 25-year deb 3Ha 1961—A&O 30-year deb 3Ha 1966.— J&D 91 H 90 120 102 H 198H 92 H 91H 1 f Canada Nor,Pow coll 104 H 107H Bell Telephone of 4 52 ' 49 H Bid Bonds Ask Camden & Sub Ry—See - 104 H 108 H 102 H 70 - 1943 Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atlantic City ElectricGen mtge 3 H® 1964 J&J Atlantic City Gas 5s i960—.J&J 1st lien & ref 5s 1957—..J&J Atlantic City Sew'age 6sA'56 J&D Atlantic Co Wat 5s '58 ser A M&S Avalon Telep Ltd 4Hs '58--A&O Baltimore County Water & Elec 1st 5s 1946— —M&N Baltimore Transit Co— Deb 4s series A 1975--, J&J Deb 5s series A 1975 -J&J Deb 5s series B 1975 J&J Bangor Gas Light 5s 1941—A&O Bangor Hydro Electric—1st mtge 3Ha 1966 J&J 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 6H 22 American & Foreign Power Co— . Bid Atlanta Nor Alabama Power Co— 1st 5s 1946 M&S 1st & ref 5s 1951J&J 1st & ref 5s 1956—. --M&N 1st & ref 4Hs 1967 J&D 1st & ref 5s 1968 M&S Alabama Water Service ( o— , Bonds Ask nNominal. r Payable in Canadian funds. PUBLIC 74 BONDS UTILITY NOTICE—All bond prices are "and Interest" except -where marked "f" Quotations for all securities are as near as possible for the closing day of the Bid Bonds Chicago Railways Co— 1st os 1927 stpd as to 25%pt; red and pay Feb 1,1940—F&A/ Certificates of deposit. _ Cons M 5s ser A Feb '27.-A&O Series B Feb. 1927 J&D / Chicago Rapid Transit Co— 1st & ref o^s 1944 —J&J Certificates of deposit - - Ask 1st & ref 6s 1953 ser A J&J Certificates of deposit------ Adjust deb 6s July, 1963--J&J Certificate of deposit 42 M 42 M 7% 3M 4M 4M 4M 4M M M Chicago & West Towns Rys— 1st cum inc 5s 1937 J&J 43 M 43 M 8M 4 5 5 5 M M 5M 108 % 108 M F&A 1st mtge 3 Ms 1966 Cincinnati Street Ry— 1st m 5Ms ser A 1952 1st 6s 1955 ser . „ B 108 M 93 95 81 83 85 80M 82 78 78 % 77 M 78 IV* 79 79 79M 86 86 M 87 M _ A&O A&O Cities Service Co— Ref deb 5s Jan 11966 M&S Deb g 5s Apr 1958 A&O Deb g 5s 1963 M&N Deb 6a 1969 M&S Conv deb 5s 1950---J&D Cities Service Power & Light— Deb 5Ms 1952 --M&N Deb 5Ms 1949 -J&D Citizens Independent Telephone 89 „ 1st mtge s f4Ms ser A Citizens Utilities Co— 86 % 103 M '61—J&J _ F&A 36 37 1st coll 4-5 Ms 1948 A&O Citizens Water (Scottdale)— 59 62 1st 5s series A 1953 J&J City Light & Traction (Sedalia, 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 of New Castle Water— 5s 1941 J&D City Water 1st M 5s 1&54 series B—-J&D 1st M 5s 1957 series O.-M&N Clarksbury-Columbus Short 83 Income notes 3s 1955 _ , 95 . a 99 100 ^ 100 M 105 M J&D / 6s F&A 1942 Colorado Util Corp 6s 1938.M&S Columbia Gas & Electric Corp— -M&N Deb g 5s 1952 Deb g 5s 1952 Deb 5s Jan 15, A&O 15 1961—-J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954 ser B—M&N Columbus Ry Pow & Light— 1st mtge & colltr 4s 1965.M&N Commercial Mackay Corp— Inc deb w w 1969_ May _ 45 105 105M 102 107 M 44 47 1st mtge3Ms 1969 Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948Non-cum inc deb 6s (x s) 1948- rE 104 M 104 M 104 M 104 M 104M 105 1057sa 35M 110 M 121M 107 36 ist coll 6s series A 1946 M&N 40 27 M 29M 6 10 96 M" 106 18 111 108 109 110M 111 84 Crescent Public Service Co— Coll inc 6s B Oct 1,1954—J&D / Cuban Telep conv 5s 1951 J&J 91M 87 63 87 M 109 42 .2 H 2X Certificates of deposit.-5s, 1966 M&N Detroit Edison— Gen & ref 4 Ms 1961 ser D-F&A Gen & ref M 4s ser F 1965. A&O Gen & ref M 3 Ms ser G '66M&S Detroit International Bridge— 87 76" 105 3M - 107 M 3 89 M 107 H 109 X % 88 84 42 M 14 25 m HIM 110M 107 M 108 Stamped guaranteed opt.-J&J 109 77 104 101 77 103 14 20"~ 81 % 82 X 99 62 M 94 M 95 M —-J&J 64" 95 M 99 101 Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series D Jan 1 1948-A&O Ref 6s series E Jan 1 1948-A&O J&J / 1st mtge coll tr 7s 1958 Adjt 6s due July 1958 J&J liOM 90 M 105M 106M 106 M 105 M 108 M 106 M 106 M 109 M 54 M 53 1* 52 M 54 127 109 M 107 130 104 90 93 97 See 97 100 H 29 29 97M 121M 126 W 62 98 H 98 M 1st mtge & coll 6 Ms C55-A&0 General Water Wks & El Corp— 1st lien & col 5s 1943 ser A. J&D 100 124 M Georgetown Gas Lt 1st 5s'61 F&A Ga-Caro Pow 1st s f 5s *52.-J&J Georgia Power 1st 5s 1967—M&S Georgia Power & Light Co— 1st mtge 5s 1978 ; J&D Georgia Ry & ElectricAtlanta Northern Ry Co 1st guar 5s 1954 J&J Gesfurel6s 1953 x w... J&D Grand Rapids Ry 1st 7s '39.M&N Granite City Generating— 1st coll 5s 1963. —A&O Great Cons Elec Pow (Japan)— 1st M 7s 1944 F&A 1st & gen 6 Ms 1950 J&J 104 M 106 M 69 99 M 99 M 100M 126 «. - - • 107 70 104 13 20 82 80 81M lstsf 4Ms 1956 M&S Gen s f 5s 1957 J&D Great Lakes Utilities Co— 1st lien coll tr 5 Ms 1942.-M&N Great Northern 63 M 60 M 56 Power— 1st 5s stamped 1950 Green Bay & Miss Canal— 1st & ref 4Ms 1953 Mountain Power 1st & ref M 3Ms 1963 110 Serial notes— 1940-1953 F&A 107 M ..M&S 103 Corp— — — J&D 102 J&D b 100M Gulf Coast Water 1st 5s *48. F&A Gulf Public Service Co— 1st mtge 6s 1945 Gulf States Utilities Co— 101M 96 62 103 X A&O 102 X 110M 1969M&N Hamburg (Germany) Elec Co— Extl g s f deb 7s 1935—M&N / 12 Hamburg (Germany) Elev Undergound & St Rys 5Ms'38—J&D 17 Hamilton Gas 6M« Aw w '37 J&D / 74 1st 103 M 102 M 99 m & ref 3 Ms ser D . 115 Elec Ilium of Boston— 3 Ms 1st M s f July 1. '65.J&J 110M Edison El III (N Y)—See N Y G 101H Edison Sault Elec4Ms. 1961 A&O Elec & Peoples—See Phila R T Electric Pow Corp (Germany) lsts f 6 Ms 1950 -—M&S / 14 1st sink fund 6Ms 1953.-A&O / 14 84 M Electric P & L Deb 5s 2030.F&A Ill Hamilton Gas Corp— 4« series B 1953 _ „ M&S 60 Harrisburg Gas 5s 1970—M&N Havana Elec Ry 5s 1952—F&A 5Ms (Sept'31 coupon)'51-M&S / . Hempstead & Oyster Bay Water 6% July 1 serially 84 M Eliz Plainf & Cent J1 _ 91 94 50 Gulf Power 1st 5s 1968 ——A&O See Eliz & Raritan RivV Public Serv Eliz & Trenton RR J, Dorp Elmira Water, Light & RR—1st & con g 5s 1956— M&S EI Paso Electric Co— 1st m 5s 1950 ser A————J&J Empire District Electric Co— 1st & ref m 5s 1952 M&S 50 Investing Companies. "2 M • 1.00% 1.20% 1.40% General Public Service Corp— 81 1949 —M&N Economy Lt & Pr (111) 5s '56. J&D 1.75 w w '49J&D 1st 3Ms series A 1969 A&O 1st 3 Ms series B 1969 A&O General Gas & Electric Corp— 55 IH J&J Eastern Shore Pub Service Co—■ 1st m 5Ms 1947 ser A M&S 1st M & 1st lien 5s 1955 B M&S 1.65 M ~ 79M -M&S 1.25 Gandy Bridge (Tampa)— 1st mtge s f 5 Ms 1957 A&O Gary Electric & Gas Co— 1st lien coll 5s 1944;—: -J&J Gary Rys Co 6M® 8er A1945 F&A Gary Street Ry l8t 5s 1937-A&O Gas Co of New Mex 6Ms '44 M&S Gas & El of Bergen Co os '49. J&D Gen 5s Nov 1.1954 M&N Green & Power— t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan, k Last sale, n Nominal, r Payable in Canadian funds. 103 J&J .J&J Fort Pitt Traction—See Phila Co Fruit Growers' Express— Florida Telep 2d 6s 1954 Fontana Un Wat 6s 1935 M&S ... 109 M 108 M 103 M 101 Edison 108 M 102 103 H A&O f Easton Consol El 5s 126 101M 4Mb Eastern Minn Pow 5Ms 1951 5s series B 1953. 89 M 103 H 100M Great Lakes Power Ltd— 64 - Pow 6Ms 1943-M&S 5s 1948 B 30 76 74 J&D / Eastern Gas & Fuel Assoc—• 1st m & coll tr 4s A 1956.M&S Eastern Oregon Light 109 M 108 M 124 76 75 M 5Mb series A 1951 106 74 M —— 88 M General Public Utilities— 1st M coll tr 6Ms ser A'56.A&0 4M 104 17 103 M Gatineau Pow deb 5s 3 103 M 105 1st mtge 4s series O 1966..J&D Sinking fund debs 5s 1946. J&D Florida Pow & Lt 1st 5s '54.-J&J r 95" 102M Ref 24 - 108 103 M 102 M 100 ~ 94 30 M 90 '49--A&O Eastern Iowa . 108"" Conv deb 5 Ms 1954 .M&N Federated Utilities Inc— 1st lien col tr 5Ms 1957—M&S Florida Power Corp— Fuller ton-Portsmouth Bridge— 1st s f 6s 1957— M&S Galveston-Houston Elec Ry— 1st M s f g 58 1954 opt—..A&O 108 110M Durham Trac 1st 5s 1941 M&S East Coast Pub Serv 4s 1948 F&A —_ 15 Scrip 4s due 1942 107 X 109 M / F&A / Certificates of deposit f Dom Elec Pow 5Ms 1955 M&S Dominion Gas & El 6 Ms *45-J&J Dortmund Munic Util (Germany) 20-yr s f 6 Ms 1948-A&O / Duluth-Superior Transit— 1st 5s 1953 w s M&S / Dumbarton B'ge 6 Ms to '49-J&J Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co East Prussian Pow 6s '53 J&D Equip trust 4M* to 1941—F&A b Equip trust 4Mb to 1943—M&S b Equip trust 4s to 1946 M&S F&A / — . Florida Public Service Co— 1st 4s series O 1955--——J&J 40 M&N 95 102 M 103 M 100 M M&S M&S Fed'l Pow & Lt 6s Nov 1,1965 Federal St & Pleasant Valley . 83 M 108 M 4Ms 1971 J&J 104 1st mtge g 4 Ms 1969 &J 106 % 1st mtge g 4Ms 1969 J&J 69M Delaware Vail Util 6s 1952.M&N Denver Tramway Corp— 92 Gen & ref 5s 1950 ser A.-.J&J Des Moines Ry 1st inc 5s Jan 1 *55 / 29 M Detroit & Canada Tunnel— 40 1st mtge s f 6s 1953. .M&N 95"" 90 Pass Ry 5s May 1 1942 J&J / Federal Water Service Corp— iOlM 61 Cumberland Co (Me) Pow & Lt— 108 1st mtge 3 Ms 1966 A&O Cumberland Gas 6s w-s 1948M&N / 38 Dallas Power & Light— 110 1st mtge 3 Ms 1967 -F&A 74 Dallas Ry & Ter 1st 6s 1951. J&J 105 Danbury & Beth Gas 6s 1948 F&A R Tran Darby Med & Ches Ry—See Phila / 85 JDarby & Yeadon 4Ms 1934 103 M Dawson Ry & Coal 5s 1951--J&J Dayton Power & light— 104H lstmtgp«3s 1970 —J&J Delaware Electric Power Co— 106 M Deb 5 Ms 1959 J&J Delaware Power & Light Co— 46 1942-.M&S Stamped 1st lien g 6s 1942 stpd Debenture 6s 1954 ser B. 3 100 Ask J&J 130 A&O / Erie Ltg 1st ra 5s 1967——A&O 107 M Fall River El Lt 107 M 3_Ms 1968—M&N Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 102 H 1st 5s (Internal ser) Eastern Michigan Rys— 130 Conn Rlv Pow 3 % ser A '61 F&A Consolidated Cities L P & Tr 1st lien 5s 1962. —J&J Consolidated Edison Co of N Y— Debenture 3 Ms 1946 -A&O Debenture 3 Ms 1948 A&O Debenture 3Ms 1956 —A&O 110M 87 M Cooper RivBri'geinc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956—J&D County Gas (N J) 5s Jan 1 .1952. Eastern Mass Street Ry Co— Ref m 4 Ms 1948 A J&J 125 Connecticut Power— 1st & coll trust 5s 1956. --J&J Connecticut Ry & Light— 1st & ref 4 Ms 1951 J&J accrued interest, 111 60 Eastern Lt & Pow 4s A 1965-J&J Community Power & Light Co— Col M 5s 1957 M&S 95M Community Public Service— I 1st mtge. 4s 1964 M&S! 105 M 15M Community Teleph 5s Jan 1 1949 / Community Water Service Co— 85 Deb g 6s 1946 ser A J&D 82 Deb g 5Ms 1946 ser B—M&S 41M Conestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J 1st ref mtge 3s series P '69-J&D 108 M 109 H 91 East Jersey St Ry 5s 1944.-M&N E. Kootenay Pow 1st 7s '42.A&O 37 105 M Consolidated Electric & Gas— Coll 68 ser A Aug 11962- -M&N 6s series B 1962F&A Collateral 6s 1957 _F&A Consolidated Gas of Baltimore— Gen g 4Mb Apr 1954— -A&O Oonsol Gas Elec Lt & P (Bait)— Ref mtge s f 3Ms 1971-—J&D 110 y8 122 M 115 Commonwealth Telephone (Wise) 1st 4s series A 1966 —-M&S M&S 108 X 80 )eb 5 Ms series A 1970 A&O Contin Gas & El deb 5s 1958 F&A Continental Pub Serv 6s '40 .J&D / Bid 105M Erie Co Electric 6s 1959 Erie Rys 1st 6s 1954 -... 104 M 104 M Oommonwealth Light & Power— Ref & unif 7s 1962 J&J Connecticut Light & Power— 1st & ref s f 7s '51 ser A—M&N 1st & ref M 3 >$s ser F '66-M&S 1st & ref M 3 Ms ser G '66-J&D 97 Consumers Water Co— Durham Pub Ser 7s A 1st mtge 3 Ms ser I 1968—J&D Conv debenture 3 His 1958.J&J Com'w'lth El 5s June 1 '43-M&S 20-year 3 Ms debs 1958 M&N M&N M&N M&N M&N 1st mtge s f 6 Ms 1952 Certificates of deposit S f deb g 7s 1952 Commonwealth-Edison Co— 25-year deb 3 Ms 1956 99 Hydro-Elec Wks of Upper Wuerttemburg 1st 7s *56--J&J / 1st 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 Util 5 Ms 1958 -J&D 6s 1940 Oollateral Corp 6% notes, 1940——A&O Coosol Certificates of deposit Conv s f deb 6 Ms 1948 _ Route Bridge 6He 1952 Cleveland Electric Ilium— 96 1943 Bonds Equit G & E Utica 5s 1942.A&0 Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N Erie Coach Co 4M» 1959 96 J&D stamped Ask 1st _ - 6s Consumers Power Co— 1st mtge 3 Ms 1965 1st mtge 3 Ms 1967 1st mtge 3 Ms 1970— 1st mtge 3 Ms 1966 5 Cincinnati Gas & Electric— 1st mtge 3 Ms 1967 J&D Oin Newport & Gov L & T— 1st ref 6s 1947 series A J&J Bid Bonds Consolidated Gas Utilities Co— 6s unstamped 1943 ser A--J&D _ and income and defaulted bonds month preceding the date of issue 24 X 98 Hest Man & Fair Pass Ry—See P hil R T 47 Holyoke Street Ry inc 5s.—1945 Home Tel & Tel (Ft Wayne;— 1st 6s series A 1943 -J&J 1st 5 Ms series B 1955—-A&O Hoosac 50 104 M 105 Valley Street Ry— 120M 123 104 M 105 M 1st ext 6s June 1 1947—M&S Houston Elec 1st 6s B 1950.J&D Houston Gas Secure 5s 1952.M&S 103 H 104 Houston Gulf Gas— ' 1st M & col 6s 1943 ser A. A&O _ 108 23 101 100 101 . Deb 6Ms 1943 with a Called for redemption; see page 111, war..A&O b Basis. a a / This price includes NOTICE—All bond prices are 1094 J&D 1906 5s 1st 66 J&D 664 654 - - - 103% 68 F L 102% 103% 105" L 106 108 40 42 1st 5s *40--F 1942 F. Kansas City Gas 1st 6s serias A Kansas City Public 1st ref 4s series O Service— 1957.—_J 1064 Kansas Electric Power—• 1044 96 4 105 1st mtge 3 4s ser A 1966.J< Kansas Gas & Electric— 974 J / Kansas Power & 96 994 734 704 70 7 12 75 77 104% > Deb s f 7s 1935 Inland Telep 1st 6s 1948 122 127 101% 102% 1st mtge 3 48 1969_ J ..entucky El Pr lstsf 0sl96OJ Kentucky Fuel Gas Corp— 1st 64s 1942 stamped Jt Kentucky-Ohio Gas Co— Otfs indebt 2s 1958 Ji r 111% 111% Kentucky Power & Light 1st m 54s 1948 ser B Kentucky Utilities Co— 94 r >/ Certificates of deposit 0% notes 1932 Certificates of deposit Conv g 7% note 1932 Co— M Certificates of deposit Intercontlnents Power Co— J&D 25 1st extend 28% 21 82 26% 20% 27% 20% 4s 89% I* 52 45 50% m — — - - « - - 107 94 61 61% 38 38% - - « 73 1024 4s Oct 1 1942 102 Apr 1 1943 1 1944 102 1014 1014 1014 1 1945 101 4s Oct 1 1943 Apr 1 1944 1 1945-... 14 104 4 a 31 104 104 106 M&S 107 1074 M&S M&N 101 102 1960 103 104 4 lRt mtge 34s 1969 F&A 1044 1054 106 Utilities— 1024 a 105 a 1024 1034 1014 1014 1014 102 30 41 73 Long Beach Gas 1st 5s *56-_J&r 104% 102 50 54% 104 % 104 76 79 75 77 109% 109% 118 J&J 1955 5s 1950... — J&J M&S 1st M 4%s 1967. M&S Minneapolis Gas Light Co— 1st mtge 4s 1950 .J&D Minnesota Power & Light Co— 1st & ref 5s 1955. J&D 1st & ref 4%s 1978 M&N Mississippi Power Co— 1st & ref 5s 1955 M&S J&D 1st M 5s 1957 Mississippi River Pow 5s '51-J&J Deb 5s May 1. 1947. M&N Missouri Edison 1st 5%s '47 J&D Missouri Gas & s - 111. & Basis. 87 124 89 60% 57% 104% 106 105% 102% 104% 104% 100% 104% 102 A&O 02% J&D 106% F&A Missouri 6s Vai Public Service— ...J&J f 1939 /This price includes accrued interest, ioi" 120 101 110 111% A&O M&N 100% 3%s 1966--J&D Montreal Isl Pow 5%s 1957 M&N 101%! Conv deb 4%s 1946 f 4%s 1954 1st mtge s Montana Power— 103 3 Monmouth Cons Wat 5s '56. J&D Montana-Dakota Utilities— 1st & ref mtge Montreal Lt Ht & Pow Consol— 1st & coll s f 3 %s 1956 F&A 107 49 1 A&O / 97 103 % '41.M&S 78% 1991 M&N A&O Monongahela Light & Pow Co— 1st M 5s 1949 J&D Monongahela Valley Water— 1st M 5%s 1950 series A.-J&J Monongahela West Penn Pub Ser 1st & gen mtge 4%s I960-A&O Debenture 6s 1965 A&O 60 102% Mobile Gas Service Corp— 95 1st 5s 1956 A&O 1st cum inc 9s ser A '56—A&O / 100 income 7s 1956 An Oct Ann O / M&S Mob Lt & RR Cons g 5s 108% 93 Telephone— 4%s series O 1961 51 5 1st & coll 3%s 1st & coll 3%s notes 3s 1963 1973 1949 J&J J&J J&J 1 Called for redemption; seepage 50 Elec Service— f 5s 1960 Conv a 101% 100% Mississippi Power & Light— Mohawk Valley ref 6s Debenture 6s 2031 101 s. Michigan Public Service Co— 1 st g 5s 1947 ser A._ A&O Middle States Util 6s A1951 A&O Middle West'n Telep 6s '43-.J&J Middlesex Elec Light Power— 34 Macon Gas 1st mtge 4 4s *52-J&D Macon Ry & Light 1st 5s *53.J&J Manchester Terminal— w s 101 37 90 66 1st Income 3-6s 1957 2d income 4s 1963 w 101 102 107% 64 A 1959 102" 101 .-J&D Missouri 106% M&N ser 104 102 ... Michigan Gas & Electric Cp— 1st & ref 6s 1943. M&S 1st M 5s 1956. J&D 1st Quebec Power— f 4s 103% 104 4s Aug Mich Fuel & Lt 6s A 1950. 107% Luneburg Pow L & W W(Germ'y) 1st Msf 7s 1948 .—M&N / 13 Luzerne Co (Pa) Gas & Elec— 108 1st ref&imp g 5s'48 op'13 A&O 108 lst&ref 6s 1954 M&S 116% Debenture 7s 1944 J&J s 104% Missouri Public Service Co— Lower St Lawrence Power— 1st s f 58 ser A 1955 A&O 1st 25 86 102 1st 4-5s 1956 107 1st mtge 44s ser A 1966-M&S Lower Austrian Hydro-Elec— 1st 8 f g 64s 1944 12 -F&A / McLaren 21 100 1 1940 1 1941 1 1942 1 1943 1 1944 11945 1 1946 1 1947 1 1948 Missouri Power & Light— 1st mtge 3%s 1966 Louisville Ry— 1st 44s ext Aug 1 1942 -.2 General 5s 1950 F&A Lowell Gas Light— 106 82% 65. 36% 107% 52% 1st & ref M 34s 1966 M&S Louisv Ltg 5s 'do unstmpd... 100 a 80 101 ._ 100 1 1946 ■ Certificates of deposit. Milwaukee Gas Light Co— 101 Long Island Lighting— Secured g 6s 1945. J&t Conv deb g 5 4s *52 ser A.A&C Los Angeles Hermosa Beach & Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Rj Los Angeles Railway Corp— 1st ref s f 5s ser A 1948. A&C 1st ref s f 5s ser B 1950---A&C Louisiana Pow & Light Co— 1st mtge 5s 1957 J&I Louisville Gas & Elec Co (Ky)— 6% 6% 20 Mar 1952. Midland Util deb 6s 1938. Lockhart - ■ Middlesex & Somerset Traction— Lincoln Gas & Elec 5s 1941 4 '; 4s Aug 4s Aug 57" 56 Power 44s 1955.. Lombard Elec Co (Italy)— ' - 96 Lexington Water Power Co— 1st s f 5s 1968... 91 notes— 4s Aug 4s Aug 5s 1915 33 110% 106% 107 Michigan Associated Telep Co— 1st mtge 4s ser A1968 M&N Michigan Consolidated Gas— 1st mtge 4s 1963 M&S 4s Aug 4s Aug 102 102 548 (series of *25) 1950 J&J 54s (series of *35) 1950 -M&N Deb 6s 19~0 A— M&N 1st mtge 4s 1970M&N Gen mtge s f 44s 1950 M&N Isarco Hydro-T.lec Co (Italy)— 1st M s f 7s 1152 —M&N 84% 51% 50% 43% 41% 9% District Power- / 78 102 Iowa Southern A 1942. 28 20 1014 Debenture 6s 107" 107 23 Apr 1 1942 Iowa Pow & Lt 1st 44s 1958 172 12 106% 25 23% 65 A&O f 7s 1957 ser A Miami Bridge— Income deb 6s (w-s) 78 Lake Superior 21% 4s Iowa Public Service Co— Deb 5s 1908--. Ret & ext 5s 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&O % 85% 106% 98 68 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 4s Aug Laclede Gas Light Co- ser 95 Rv (San Francisco)— f 71% s f 7s 1940 ser A Q Jan (Stamped mod) ext at 5% to 50 1945. Q-A Maryland Light & Power— 101 % 1st M 54s 1950 ser A J&J 101 Maysville P Serv 5 4s A 1942A&0 Memphis Street Ry— 47 3-5s series A 1945 -A&O 21 3-5s series B 1945 Ann April Serial 10 l/ 1948 / / 65 4s Apr 11941 4s Oct 11941 Iowa El Lt & Pr 7s ser O '42.F&A 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-54s 1949--A&O Iowa-Nebraska Light & Power— 1st lien & ref 5s'57 ser A. _M&N 1st) & ref 5s 1961 ser B M&S If - 6s 6s coll notes notes— 4s Oct 4s Apr 4s Oct 4s Apr 1951. 774 73 100 4 4s 5s if 33 4 75 4s Oct 1 1940 4s 1st 95 r 1st 105 Wyoming V Lackawanna & r 6-4 4 s ser B 1966 J&J Ref & gen 4s series O 1967-J&J Market Street El Pass Ry— See Phila Rapid Transit 108 33 4 70 J&J 15 105% „ 106% 81 71 . Serial 904 49% Interstate P S CArk) 6s 1940 M&S / 2 Interstate Rys 4s 1943.. .F& A / % Interstate Tel & Tel 54s 1953J&J 101% Investors Telephone 3s 1981-J&J 71% Iowa Electric Co— 1st 4s ser A 1961 74, 60 104 100 Water Works— 1st 5s ser A 1958 48% 52 ...J&J J&D / f 7s 1941 s Ref & gen Kokomo .954 70 l66" 108 - Deb gold 6s 1952 24 106 Leipzig Overland Power- International Telep & Teleg— Deb g 4 4s 1952 J&J Deb 5s 1955 F&A Int-State Bridge 4-6 4s SO.M&N Interstate Gas & El 6s 1951. J&D Interstate Power 1st 5s 1957-J&J „ 25 102% 102% 150% KlngsCoElev—See Bklyn-Q Lehigh Valley Transit— F&A / J&J15 / Buff Trac 1st 5s 1948 25 24 101% 100% 4 International Railway (Buffalo)Ret & impt 3-5s 1962 M&N „ 24 2% 101 Kings Co Gas & 111 1st 5s *40 Kings Co Ltg 1st ref 5s '54. IVA 77 M&S Debentures 6s 1955 J&J International Power Sec Corp— 64% sec bonds 1955ser C J&D Sec 7s 1957 ser E Sec 7s 1952 ser P 59 4 804 804 334 33 Deb 6sl957 78 68 Cos 1st mtge 34s I960 —F&A Maritime Electric 4 481956-A&O 1st 102% 594 59 1% H H0 01 «(NV—I Debentures Debs A 6s 1948 J&D / International Hydro-Elec System Conv deb 6s 1944 w w A&O Internafl Pow Ltd 64s 1957M&S 15-year 27 100% 1074 56 4 93 / A&O / / M&S / / 8 Meridionale Electric Co— if Keystone Telephone Co— 56" 110 r 1054 64 J&D\f A&O a Interborough Rapid Transit— 1st & ref g 5s *66 op tax-ex. J&J / 1st M _ i Keystone Public Service- 6 Coll tr sf 6s A 1936 ...M&S / Coll tr s f 6s 1941 ser B—.M&N;/ Coll tr 6s 1957 ser O A&0|/ 53 f 54s '51 ser A—J&J f 54s 1952 ser B..J&J Gens f 54s 1950— A&O Maritime Telephone & Tel— Light Co— 914 65 10 _ 106 I s Market 105 4 - Certificates of deposit 103% 43 39 7 105 107 4 107 64s stpd 1952 (25% paid).... Sinking fund deb 7s 1938-F&A Inland Power & Light Corp— 85% 1st M Mannheim & Palatinate Elec 3 63 61 90 Indianapolis Gas 5s 1952 A&O / Indianapolis Power & Light— 3%s 1st mtge 1968 F&A 1st mtg<b 34" 1970-1054 M&N 624 Indianapolis Ry 5s. 1907 J&J Indianapolis Water— 1st mtge 3 4s 1900 1054 J&J Inland Gas 64s 1938 F&A - M&S 1st lien & colltr 5s 105 69 1114 111 Traction 1st 6s 1948.-F&A 85 % 85 % 47% 47% Manitoba Power Co Ltd— Indianapolis Columbus & South¬ ern A&O 2d gold 4s 2013 J&D Certificates of deposit Manila Elec R R & Ltg Corp— 3 If -/ 109 108 / Ask Marion-Reserve Power— 1st lien coll 54s 1938 M&N / 138 93 Indiana Gas Utilities 5s 1948.J&J Indiana Hydro-Electric Power— 994 1st mtge 68 1958 ser A M&N 110 Indiana Pr 1st 74s '41 A .M&N Indiana Service Corp— 1st & ref M 5s Jan 1.1960.J&J 724 F&A 53% 3 66 M&S 1st 1 & ref 5s 1963 52% 66 J&D 6% conv notes 1940 J ) Jamest'n 70 68 45% 2% 46% */ - - - 19o2 M.S 1967-.---------J 2-0s. Ry (N Y)— Cons 1st guar 4s 1990 Certificates of deposit 64 System— 66 1st mtge 3%s ser A 1970._F&A Indiana Central Telephone Co— „ 6i (NY)Telep 5s 1954 J&_ Jersey Central Pow & Lt Oorrr— 75 73 1st &ref 6s 1963 series A__A&0 1st & ref 5%s 1964 ser B..J&D Indiana & S W Gas & UtU— A..M&Sa > stamped 1942 James River Bridge . „ f 5 Inc deb 6s ser A w s 634 J&D F&A 3s Aug I 1948 A&O Idaho Power 1st 3 %s 1907--A&O Illinois Bell Tel 3%s B '70--A&O III Community Tel 6s 1949--J&J Illinois Power & Light Oorp— 8f deb 5,%s 1967 s Jacksonville (Fla) Ga-— 79 Deb2%sl944.__ 3%s 1953 Indiana Assoc Telegraph— 127" 124 - . 25-yr Italian Super »wer Corp— Se9 Investm- Jompanies. 1044 Hudson Co Gas 5s g 1949-.M&N Hudson River Trac 6s 1950 .M&S Hydro El Bond & Sh 5s 1957M&N Hydro Elec Power Commission (Ontario) 3%s 1943 J&J 4%s due Jan I. 1970 J&J 3«s 1947.-A&O Deb 2%s 1941 M&S 2 %n 1042 A&O lst&ref 6s 1966serO 111 Bid Bonds Ask Manhattan Kleetric— 1953 ser islands Gas & Houston Light & PowerHouston Natural Gas Oorp— 1st m coll 6s '43 with warr.J&D Bid Bonds Ask Bid Bonds where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of Issue "and Interest" except Quotations for all securities are as near as lst mtge 3%s 75 PUBLIC UTILITY BONDS Sept., 1940] k Last sale, r Payable in Cana "ian funds. 106 65 61 60 59 61 68 76 PUBLIC BONUS UTTLTTY NOTICE—A1I bond prices are "and Interest" except where marked "f" and Income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue LondB Bid Ask Bonda Montreal Tramways60 W* 50 79 See N Y Gas Elec 105 83 86" 22 24 109 109 M 100 M 1 99 M 101M National Electric Power Co— % 5s series B 1947. 100 ) 99 J 61 % 111M 107 Deb 5s 2030 ser B _.M&] I National Public Service Corp— 25 25 if / Deb 6s July 1941 New Amsterdam Gi Gas—See N 113M 107M 28 113" I 125 132 ) 70M 70 H r 96 98 120M 64 M 64 M 64 M 63 95 X 98 M New England Power— 3 M« series A 1961 New England Tel & Tel— 107 H 126M 126 Newfoundland 63 112 64 5A 65 M 64M 96?ij 106 M 104 38 M 5Ms 1957--M&N 100 » M 65 106 112 114 70 107 105 New Mexico Power— 88 77 82 8 f reg income 3-6 Ms May 1 *69 N'west Cities Gas 6s 1949 J& * Northwest Louisiana Gas— 1st M 6 Ms 1936 with warr.J&D Northwestern Penna Gas— 1st cum income 5s 1953..A&O Northwestern Power Co Ltdlst M s f conv 6s *60 ser A.J&J 105M 55 108 105 H 6,1 8M / 106 108 8M 8M 99 M / 13 / 57 59 J&D F&A Ogden 5s Gas 1945 -M&N / Ohio Assoc 1st f 7s 1946 i / —. New Orleans Pub Service Co 1st & ref 5sl952 series A-.A&O 104 K s Telep 4 Ms 1966-J&D Cities Water Corp— 1st M coll tr 5Ms *53 ser A. J&J Ohio Edison Co— 105 104 H 105 H 1st & cons 4s 1965__ M&N 101M 1st mtge4s 1967 1st mtge 3 Ms 1972 M&S / 102M 104 Newport & Fall River St Ry— 103 - 105 100 1st 5s series B 1951 M&N New York & East River GasNYGELH&P New York Edison Co— 99 103" 102 3s 108 M 109 108M 110M F&A F&A 1940 3M-3Ms 1941-42 3M» 1943-1944 . A&O 1st mtge 4s, 1962 Notes— 123 % 116 116M 4s 1945-1947 F&A Ohio Term (Cleve) 6s 1947--J&D f Ohio Valley Water 5s 1954 J&J 118M 1945 —.J&J 119M B'way & 7th Ave 5s 19' 1st mtge 48 1965 1st M 4 Ms 1980 1st 4Mb 1960 1st mtge 3 Ms 1964. New York State Rys— 1st con 1st con 4 Ms 1962 ctfls 6 Ms 1962 ctfs New York Steam Corp— 1st mtge 3 Ms gtd 1963 New York Telephone Co— F&A M&S M&S M&N 105M i—' t- o oCOOCOS 00 M&N / M&N f J&J Ref mtge 3 Ms ser B 1967--J&J 110 108 M 8H 8M 106 M Oklahoma Natural Gas— 1st extd 4s 1947 J &J Ontario Pow 5s *43 op to '13-F&A Ontario Transmission Co Ltd— 102M 62 13 110M 111" 107 H 109 108 M 109 M 108 H 109 F&A M&N F&A Deb 5 Ms 1959 ser B Penn Public Service Corp— 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954 .J&D Electric 109 H 122 102 100 61 17 103 H 105 M 102 106 M 107 M 106 M 106 H Co— 1st & ref 4s 1971 ser F 1st & ref 5s ser H 1962 M&N A&O Deb gold 6s 1976 ser M&S A Refmtg&coll tr3 Ms 1964 J&D Ref mtg & coll tr 3 Ms '70--J&J Penn Wat Serv 5s ser A '67-F&A Peoples Gas (N J) 1st 5s *68-J&D lstsf 5Ms 1960 J&D Peoples G & Fuel 6 Ms ww'37 A&O People's G L & Coke, Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947--M&S 104 H 107 97 M 96 M 108 104 M 106" 109 M 105 M 110 1 57 100M 108M 104 H 30 3 78 M 60 103 M 101 64 68 r Serial notes— A&O r 98 103 M 103 M&S 105 57 108 H 107 M 105 106 M 106 96 85 88 22M 113 116 M 97 M 99 M Mutual Fuel Gas g 5s' 47 M&N 114M Peoples Light & Power Oorp— 1st lien 5Ms 1941 J&J / 127 J&J / 19 J&J 99 J&D 99 Peoples Light & Power Co— 1st lien coll 3-6s 1961 Peoples Telep (Butler, Pa)— 4s I960...- Peoria Water Works Co— 1st consol 4s 1948-. Prior Hen 5s 1948 1st con 5s 1948 1st & ref 5s 1950 J&D M&N M&N M&N F&A 24 101M 104 M 101 101M Philadelphia 38 77 M 96 M 92 1st & ref 4s 1981 ser B J&J 1st & ref mtge 4s ser D '61-J&D 109 99 M&S M&N 109M 107 M 1st mtge 3Ms 1969 Ozark Power & Water Co— Penn-Ohio Edison Co— Deb g 6s 1950 ser A M&N 108 % 100 106M 1st & ref 4Ms 1977 1st 5s 1979 Penn-Jersey Water— 1st coll 5Ms I960... 108 H 98 1940-1948 consol gold 5s 1949 M&S Paterson & State Line Traction 5s 1964 J&J Paterson Ry—See Pub Serv Corp Pecos Valley Gasext6 Peoria Service Co— 1st s f 5s w w 1954 1st M 5s 1957 ser A J&D Ottawa El Ry 4Ms *48-'55.J&J Otter Tail Power Co (Minn)— 1st mtge 4s 1961 J&J A&O - Peoples Tract—See Phila R T 105 M 9 Ref mtgle 3 M s ser B1966. 123 100 9 110 Penn Water & Power Co— 106 99 M 49 M 3-3 Ms 106 M 112M 111M Ref mtge 3 Ms ser O 1966. J&D 111 Parr Shoals pow 5s 1952-A&O 104 Paterson Ext extd 5s 1950 J&D / 13 Paterson & Passaic Gas & Elec Pennsylvania Pow & Light Co— 1st mtge 3 Ms 1969 F&A 4 Ms debentures 1974 F&A Penn Water 1st 3 Ms A *67 F&A 67 M 108 M Old Dominion Pow 5s May 15 '51 / Omaha & Council Bluffs St Ry— lstsf 5s 1952 110M 101 bef '16-M&N Oregon Elec Ry 3s 1958 M&S Oregon-Washington Water Serv— 108 M lst&ref M3MsserI 1966-J&D 95 Pacific Light & Power Co— 1st 5s, 1942 107 J&J Pacific Northwest Pub Serv— Conv deb 6s 1950 M&S / 10 Pacific Power & Light Co— 1st M 5s 1955 F&A 94 M Pacific Telephone & Telegraph— 9M 88 ser A F&A 103 Oklahoma Ry 1st & ref 5s *41 J&J / 25 Income 5s 1990 Apr 1 Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O - Pennsylvania Gas & Elec Co— 1st 1 & ref 5 Ms *55 ser A.-M&S 1st L &Ry 5s 1958 M&S Pennsylvania Gas & Elec Corp— 65M 1st M 5s 1948 1st gu K 5s *45 opt 104 M Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B-J&D 1st & ref M 48 ser G 1964--J&D 1st & ref M 3 Ms ser H '61 J&D Pennsylvania 86 . 9 / N Y & Richmond Gas Co 1st ref M 6s 1951 ser A-.M&N N Y State El & Gas Corp— J&D Oklahoma Power & Water— 105M N Y & Queens Elec Lt & Pow109 New York Rys Corp— Prior lien 6s stpd 1958--.. J&J 105 M AdJ income 6s Jan 1 1965-.Apr 80 Bleeck St & F F 1st 4s '50. J&J / 38 J&D 1st mtge 3 Ms ser B 1955.-F&A 111 104 M 113 Ms 1966 Debentures 4s 1946 110 Con 5s 1st mtge 3 78 9M 99 Oklahoma Gas & Electric— 148 63 100 F&A .—F&A Ohio Water Serv 1st 4s 1964.J&D 1st g 5s Dec. 1 1948 mon coll tr 4s 1949---' Ed El 111 N Y con g 5s *95 J&J Pur Gen cons 1st 5s 1946--J2&J Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S Conv deb 5s 1979 J&D 1st mtge 3 Ms 1968Ohio Public Service Co— 87 100 J&J Ohio Power CoDeb g 6s 2024 114M 110M 106 Ohio 101 55 44 _ 90" J&D 109.M 12 4Ms series A 1959. J&D Nova Scotia Light & Power Co— Oberpfalz Elec 7s 1946 M&N _ M 53 opt'15- J&J Ms '44M&N 106 56 32 Los Angeles Pacific Co— 1st ref g 4s 1950 Pecos Valley Power & Light Co 1st extended 6Ms 1950.-M&N Non-cum inc deb 6s 1950-M&N Penn Central Light & Power Co— 125 N'western Teles' 1st 4 Ms '44-J&J Northwestern Utilities Ltd— 1956 105 H 61 127 Northwestern Pub Serv Co— 1st M 5s ser A 1957 J&J fllOS11!! 1st mtge 4s series A 1970--F&A Deb 5s 106 101 86 1st M s f 4s 1957 NY PA NJ Utilities- 99 New Orleans City & Lake— 3 40 M Joint 1st mtge 4s ser A *42-J&J > «• 105 North Texas Co 3-6s 1957—J&J Northern Indiana Pub Serv— 98MI Northwestern Elevated (Chic)— 1st mtge 5s 1941 opt M&S 109 Union El (Loop) 5s g*45—A&O Northwestern Light & Power— 6s series B 1950 F&A Ferry68 102 H ■ New Haven Water— N J & Hud Riv Ry & S f deb 5 Ms 1956 J&J a 102 M North Boston Ltg Properties 3 Ms secured notes 1947 A&O 104 H North Carolina Gas 6s 48.-M&N t 1 North Continent Utilities Corp— 108 H Northern States Power (Wis)— 1st mtge 3Ms 1964 M&S 109 H Northern Texas Electric Co— Coll tr s f g 5s 1940 opt-—J&J / 40 Northern Utilities Co— 1st lien 4-6s 1968 M&N 85 124 Light & 105 M 110 106 H 1st & ref 58 1962 A&O States Power (Minn)— 1st & ref M 3 Ms 1967-- F&A 114 Conv deb 5s 1950 56 4s debentures 1959 106 M Nor Amer Gas & El 6s 1949-. J&J / 27 North Amer Light & Power Co— Northern r Newark Gas 6s Apr 1 1944. Newcastle (City of) W 5s '41 New England G & E Assoc- 57 106 M 105 H Northern Penna Power Co— 1st & ref 5s 1956 ser A J&D G E L H & P 1 F&A __F&A F&A 1st 3 Ms series A 1969 F&A Nor Indiana Telep 4 Ms '55.M&N Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A M&N 1st lien & ref 6s 1947 B—M&N 28 110M ' 56 H 52 North Shore Gas Co of Illinois— 65" ) 109 110 H 105 H 105 M 1st M & lien Bid Bonds Pacific Elec Ry g 5s 1942—J&J Refunding 5s 1961 M&S Calif Pac Ry 1st 5s 1941...T&J Los Angeles Hermosa Beach & Redona Ry 1st 5s '42 109 H 1st coll & ref 5Ms '48 ser A_j&J North Penn Gas Co— National Power & Light— i 98 M Power 3Ms debentures 1954 98 M i Lt & North American Co— 3 Ms debentures 1949— r 1/ 97 M Niagara Falls Power— 1st & ref 3Ms 1966 M&S Niagara Lockport & Ont Power— 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd (Japan)— 1st mtge 6Ms 1953 J&J Norf & Ports Bdge 6Ms '47--F&A 65 / Ask Lighting— 56 Mountain States Tel & Tel— 108 H 30-yr 3 Ms debs 1968 J&] Muncie Wat Works 5s 1965.M&] 105 Municipal Gas & El Oorp of Reckinghausen 7sl947 J&: \f 12 Mut Fuel Gas-See Peoples GL& Mutual Un Tel—See West Un T Narrangansett Electric Go— 1st mtge 3 Ms 1966 108 H J& r Nashville Gas & Heating Co— Bid N Y Water Service Oorp— 1st M 5s 1951 ser A M&N N Y & Westchester Company— Secured gold 5s 1967 J&D Ardmore Street 5s 1958.-A&O Duquesne Lt 1st 3Ms '65.J&D Duquesne Trac 1st 5s *30.J&J Fort Pitt Traction 5s1938 Plttsb Rys 5s 1953 A&O 2d Ave Tr 1st 5s 1934 J&D So Trac 1st & coll tr g 5s'50A&0 United Trac 5s 1997 ctfs.-J&J West End Trac con 5s '38-J&J 106 H 20 7 81 17 7M 2 20 Philadelphia Electric— 1st & ref mtge 3Msl967--M&S Philadelphia Electric Power Co— 1st mtge 5Ms 1972 F&A Phila & Garretsford St Ry— 1st 5s 1955 F&A Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f—F&A ft f guar 5s 1962 M&S 6s gold 1962 M&S 1st m r e 6s 1944 J&J ♦Darby Media & Ches St Ry— 1st 4Mb 1936 J&J / tBest Mantua & Fairm— 1st extd 5Msl939 M&N / Market Street Elev Pass Ry— 1st g gu 4s 1955 Union Traction— M&N 110M 112 55 M 102 95 102 M 102 21 79 100 lElec & Peo 4s tr ctfs '45 A&O / 12M People's Traction Co— P P Ry tr ctfs 4s '43-F&A Union Traction 4s 1952.J&J 96 I 17 • ♦ Exchanged for Phila. Trans. Co. 3-6s, 2039, under reorganization plan, t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan. t Exchanged for Phila. Trans. Co. 3-6s, 2039, and pref. stock under plan, a Called for redemption; see page 111. b Basis, e Ex-interest, f This price Includes accrued interest k Last sale, n Nominal, r Payable in Canadian funds. NOTICE—All where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue bond prices are "and interest" except Quotations for all securities are as near as Bid Bonds 106 X J&J 53 % 57 it* 1st & ret 4s 1969 J&J Phila & West Chester Traction 79 81 J&J J&J 40 48 1960-J&J 5 mtge3-6s 2039 Scrip _ 1st 4s 1954 1st 6s 1954 Phila & Western Ry 5s Philippine Long Distance Tel— 1st 8 f 6s series A 1953-J&J Piedmont Hydro-El Co (Italy) 1st & ref b 16 %s I960 ser A A&O — Pinellas Wat Co 5%s 28% 1937 2 1950-M&S (Ore) Gas & Coke— ref g 5s 1950 J&J Portland Elec Pow 6s 6 35 Stamped 102 % 16 104 101 13 21 16% 17% 92 % 82 A&O gen 4%s 1950—J&J Portland(Me) Gas L 5s A'50 Portland General Eletric Co— 1st & ref 4%s 196u M&S 93% 83% 80 ^ J&J 1st M 5s exten to 1950 Portland (Me) RR 3%s 1951 -J&J 1st 1 & con m 5s 1945—M&N Porto Rican Power 6s 1950-M&N Porto Rican Rys Ltd 5s 1962M&N Postal Teleg & Cable 5s '53-J&J Potomac Edison Co— 1st mtge 5s 1956 ser E—M&N 1st M 4%s 1961 series F„A&O Potomac Electric Power— 1st mtge 3%s 1966 J&J • power Corp of Canada Ltd— Conv deb4%s 1959 Ser B.M&S A 1957 —J&D Power Secur coll tr 6s '49-.J&D Providence Gas 4s ser B 1963 F&A Provincial Light Heat & Power— Conv deb 5s ser M&S 1916 Elec 6s 1954 6s F&A / Prussian Public Gas &Goke 5s 1952-_ J&D 1st 8 mtge 3%s 1964 f debs 1949 J&D J&D . 70% 106% 70% 106% 87 100% 65 64 66 19 19% 108% 109% 107% 74 101 76 M&S 5s 1953 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4 %s 1947 J&D 1st cons guar 106% 105% 104% 3%s Mar 3%s Sept 3 %s Mar 3%s Sept 3%s Mar 3%s Sept 3a Mar 3%s Mar 3%s Sept 3%s Mar 3%s Sept 3%s Mar 3%s Sept 1943 103 1 1943 103 3 ir 1 1949 3%s Sept 1 1949 1 1945 1 1946 102 102% 102 102% 1 1947 100 101 1 1948 99% 100% 99 100 104 107 104% 154 105 72 73" 110 106% 106% n-c 95 98 M&S 1959 Non-cum 6s (ws) 64% 63 M&S 110 F&A 111 1944 Users F&A F&A 6s 1943 __F&A San Angelo Telep 1st 5s 1958 F&A M&S 65% 10% 64% 100 102 101 103 102 104 105% 105% 103% 104 101 100% 100% 100% 107% 107% 18 15 % J&D C'66 J&J 105% Santa Barb Tel 3 %s ser Sandwich Windsor & Amherstb'g 106 Ry debenture 4 %s 1943 .J&D Savannah Elec Co 1st 5s '52.J&J Savannah Electric & P<>w.»rOo~ 1st & ret 4s ser D 1947 QJ 67% 108% F 1955-M&S 105% 105% 1st 4%s 1958 M&S A F&A B1959 3sApr 1 1959 1944 5s 153 222 Shinyetsu 87 104% 104 69% Silesia Elec Corp ■ f 6 %«'46 _F&A Sioux City Gas & Electric Go— 87" 65% 67% 97% 98% 97 98 1957 1st mtge 4s 1966.; Serial debentures— M&S Union— J&J / 12% 3s 1941 5s 1942-1946 Sioux a Called for redemption, seepage Canadian funds. 111. & Basis, e — 53 39 125 F&A 71% -F&A Standard Public Service Corp— 72 F&A J&D 79 1957 ser B.. M&N A&O Stettin Pub Util 7a 1946 Ry 1st 5s 1951--. A&O Syracuse Gas g 5s 1946 J&J Syracuse Lighting 5s g 1951.J&D Syrac Rap Tr 1st g 5s 1946-M&S 2nd mortgage 5s 1930— J&J Syracuse Transit 4s 1969 Taiwan El Pow s f 5%s 1971 -J&J Tampa (Fla) Gas 5%s '56--A&O 5s A&O 1961 83% 64% 63 66 67 Tennessee Eastern Elec Co— 64 Ternl Hydro Elec6%s 1953.F&A Terre Haute Traction & Light— 65% 1st M 5s 1943 .F&A Ref s f 6s series A 1955..-M&N - 102% 1st 72 con Texarkana 79 95 95 13 14 M g Wat — 5s 1944 1st 5s "58 17 115% 122% 22 6% 11* 11* 73% 96 100 102% 98% 22 M&N 110 F&A 105 J&J J&J 3% 3% 105" Texas Elec Ry 5s 1947 Tex Trac 1st 5s 1937 opt Texas Electric Service Co— 102% 13% 1st mtge 5s 1960 Texas Gas Utilities Co— J&J 105% 85 --M&S / 20% Texas Hydro Electric Corp— 76 1st mtge 6s ser A 1956 A&O Texas Pow Corp 6s 1956 97 M&S General 6%s 1956 90 M&S Texas Power & Light— 116 Deb g 6s 2022 ser A J&J 1st & ref 5s 1956. M&N 106% Texas Pub Serv 1st 5a (w-s) 1961 99% Texas Traction Co 5s 1937 1 J&J 1st 2-6s 105% 105 100% 103 101 Ex-coupon. 103% Light Corp— 62% J&J 1943._.J&D 104 104 71% 71% 71% 71% 82 J&J 4b Dec 1, Standard Power & 1st City (la) Serv 6sl951.J&J g 1951— Telephone Bond & Share Co— Deb 5s 1958 J&D Telephone Service (Ohio)— 5s 1953 M&N Teme8cal Water 1st 5s A '60 M&N Somerset Un & Middlessex Ltg— Mtge 109% F&A J&D 1 *48--A&O May 1 '48--A&O 6s stmp ext 6s Debenture 83 J&J South Bay Consolidated Waterlit ref 5s 1950. M&N 82* 68 Standard Gas & Elec of Del.— 82% Pow 67% 65% Steubenville Wells burg & Weirton 102 Sierra Pacific Power Co— 1st & ref 5s 1960 ser A—.M&S Spokane Gas & Fuel 5s 1944-F&A Spring Brook Water Supply— 1st ref 5a 1965 A&O Spring Val Util ref 6s 1943.-J&D Springfield City Water— 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A J&D Springfield (Mass) St Ry— Ref & geri 6s 1940 M&S Certificates of deposit Stamford Water 1st 5s 1952.-J&J Conv deb 6s 1938 M&S 97% 94% Telep Co— M&S _ 1st 1 coll tr 5%s '43 «er A.M&N Certificates of deposit 4% 11 99% 85% States 1948 1st Hen 6b 1948 _ J&D 6s 101% 106 Standard Telephone Co— 81 A&O M&S 2022 series A 1st lien 68 series A 1948 100 9 99% 97% 94% 117 1st M Deb g 6s 79 (Japan)— 1st sink fund 6%s 1952 J&D Shrevp't Bdge & Term 5s'55.F&A Shreveport Rys— Gen income 4s (w-s) 1957-A&O loo" 106% Debenture 6s 1966 70 53 A&O 1961 Elec 104% 1st mtge 3%s ser A 1969..J&D Southwestern Power & Light— 6s gold debs 1957 69% A&O 1st coll tr 4s ser G 1969.-J&D Conv coll sec 3%s 1946.-M&N Shenango Valley Water— 48 series B 90 F 1961 ser 110% 106% lst mtge 3%s ser A 1970-.F&A Southwestern Light & Pow Co 6s stmp ext May 106% M&N A&O 98" 147 86% ser 1st & ref 5s series B1961. F&A Scranton Trans ser A 5s'59_A&0 104 Convertible notes— San Jose Water Works— 1st mtge 3%s ser A 1961 Scioto Val Ky & Pr 1st 6s '43-J&D Scranton Gas & Water Co— a —- 102 133% ser Co— Southwestern Public Service Co— 1st M s f 6s 1945 ser A J&J 105 —M&N Debs f 7s 1942 61 J&D 1947 C 8 61 M&S A&O Southwestern Bell Telephone— 1 st & ref M 3 Hs ser B '64. J&D 1st & ref M 3s ser C 1968—J&J Deb g 6s 103 San Joaquin Lt & Power Corp— Unif & ref 6s 1952 ser B-.M&S Income series 1st 6s 50 Southwestern Gas & Elec Co- 102 Second Ave Trac—See Phlla Co— 212% 43 100% A&O 1937--M&S f Southwestern Assoc Telep 1st M 5s 1961 1st 6s 1949. Shawinigan Water & Power Co— 1 sfc M&col s f 4 %s'67 ser A A&O 1st coll tr 4%s ser D '70. A&O 112% / 1951-—.-. Pub Serv 6%s Southwestern A&O 15 1942 151943 4s Apr 15 1 944 4s Apr 15 1945. 4s Apr 15 1946--..-. 4s Apr 15 1947— 4s Apr 15 1948 San Diego Consol Gas & Elec— 1st mtge 48May 1 1965..M&N San Francisco Bay Toll Bridge— 1st M sink fund 6%s '57-M&N 1st coll tr 48 110% 95 Southern Utah Power Co— 1st M 5%s May 1, 1960..M&S 102% B'70A&O 72% 102 85 Southern United Gas Co— 115 inc 4s May 15 1 964 River Valley Water 6s 1941 1st 69% 95% A&O A&O 10-year coll s f 6s 1942—A&O Southwest Telephone Co— 1st 6s series B 1947 Seattle Gas 1st 5s 1954 Seattle Lighting Co— 110 Gas— 105 4s series 71 Union 1st & ref 5%s series 11945 1st & refine 5%s ser IT'45 82 1st 5%s ser B _ Southern S west 1st & ref 5s 1967 109 M&S 1st coll trust 5s 1951 106 107% Scranton-Spg Brook Water Serv Power— Queensboro Gas & El 5s '52-J&J Conv g deb 5 Hs '52 eer A_A&O Republic Service Corp— Southern Trac—See Phlla Co 104 106% 80% S'west Nat Gas inc 6s 1966 Assn 126 _ 106 92 122 106 Salt 100 100% 102 Sayre (Pa) Elec 5s 1947 A&O Schenectady Ry 1st 5s Mar 1, '46 103 _ lit & coll 4s1962 102% 71 55 5s *53.J&J Corp- — Adj mtge inc Jan 1 6s '60.A&O 1st M pit e line s f 4 %s '51 A&O Southern Nob Pow 5%s B'47 J&J South N E Telep 1st 5s 1948.J&D 4%s Jan 1 1943 1st & ref M 5s 89 95 20 Salmon River Power—• 89 69 105 101 105 Southern G & E (Fla) Southern Natural Gas 100 1st mtge 5s 99% 98 H 152% 61 51 Va Pow 5s 1956--F&A 4s Apr 4s Apr 100% 6% perpet-.-M&N Camden Sub 1st 5s 1946-J&J Ellz Plainf & Cent Jersey Ry— 1st g 5s Dec 1. 1950—-J&J Ells & Raritan Rlv 5s '54-M&N Elizabeth & Trent 5s '62-A&0 J O Hob & Pat 4s 1949—M&N Paterson Ry— ► ' * 2d 6s '14 ext 5% to *44-A&O So Jeisey Gas El & Trac— Guar g 5s Marchl .1953-M&S Public 8ervice Co of Nor 111— 1st mtge 3 Hs 1968 A&O Public Service Co of Oklahoma— 1st mtge 4s ser A 1966——F&A Public Service Co ol Pa— let lien & coll 5H* *53—J&D Pub Serv Coordinated Transport 1st & ref 4s 1990 J&J 1st & ref 5s 1990 J&J 1st & ref 5%s 1990 J&J 1st & ref 6s 1990 J&J Public Service Elec & < -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— 1st M 5H* 1948 M&S 1st coll 4-5 Hs 1948 A&O Puerto Rico El Pow 4s to 56.J&J Puget Sound Power & Light— 1st & ref 5H» 1949 -J&D 1st & ref 5s 1950 «er C— -M&N 1st & ref 4 He 1950 ser D.J&D 58% 48 Southside 1st mtge 48 1963 Serial notes— 4 s Apr 15 1941 101 Trust certs 101 San Antonio Public Service— 101% 48% 105 Southwest Gas Co (Okla)— 1st s f 6s 1954 M&N 5s 1919 1947 69 1st g 6s 1947 series A J&J Southern Counties Gas (Calif) 1st M 4%s 1968 M&N San Antonio Gas & Electric— 1946 108 4 Hi 1962 A&O Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O 102 105% 105 106% F&A '65. 102 Gen gold 5s 107 105 106% 106% Southern Colorado Power Co- St Paul Gas Light— 48 1 104% 103% 109% 108% 1942 Jan 1 Conv 1 1 1948 109% 109% 108% 60% 112% M&S 1st & ref 4%s 1961 1st M & ref 4s Aug 1 80% debentures— St Joseph Water 4s A 1966--A&O St Louis Co Gas 1st 5s 1951 _A&0 102" 102% 102% 102% O 1960—F&A 1st mtge 3He ser D '60--M&N let 3 Hs series E 1961—F&A let 3He series F 1966 J&D Public Service Corp of N J— 86% Ref mtge 3 %s May 1 1960.J&J Ref mtge 3 %sser B 1960—J&J Southern California Gas Co— Cor 12 3%s Jan 1 1941 Serial Guar 5s 195? 1 1st mtge 3%s ser Southern California Edison— Corp— Transit Corp— f4%*inc A notes 1958.M&S S f 4%s inc B notes 1958-M&S Rome (Ga) Ry & L 5s '46 A&O Ruhr Gas Corp 6%s '53 A--A&O Rumford Falls Power— Gen M 4%s May 1948—-M&N 1st s f 4s Oct 1945 A&O Safe Harbor Water Pow Corp — 1st mtge 8 f 4%s 1979 J&D Saguenay Power 4 %s A 1966 A&O 1st 4%s series B 1966 A&O St Clair County (111) Gas & El— 13% 46 102% 102% 1945 85 93 Rochester 101 1 1944 106% St Louis Public Service— 111 102 Rhine-Ruhr Wat 8erv Kxtl deb 6s 1953 Ry & El 5s St .Maurice Pow 4%s ser 1 1941 Quebec 105 109 100 1 1944 27% J&D 1st lien 6s x-w 1941 J&D S'eastern P & L deb 6s 2025-M&S Southern Bell Telep & Teleg3%b debentures 1962--.- A&O 3s debentures 1979 .J&J 102 J&J 1st lien 6s 1944 1977ser D.M&S Gen 3%s series H 1967— M&S Gen mtge 3%sser 1 1967.M&S Gen mtge 3 %s ser J 1969.M&S Rochester & Lake Ontario Water Extend 5s 1951 M&S 105 1 1942 1 1942 M 1953..F&A 111 67 3%s Sept Public service Co of N 91 4s 3 % 8 Mar 3 %s Sept 1 105 6s 1942 M&S Southeastern Gas & Water Co— Southern Canada Power— 112 Public Service Co of Indiana— 1st mtge 4s ser A 1969 Serial debentures— 3 J4 8 Sept 1 1940 3 %s Mar 1 1941 South Jer G E & T—See Pub Serv ice 17 Rochester Gas & Elec Corp— Public Service Co of Colorado— 4s 29% 105 J&J S 101 & -----M&N 1950 A&O Gas Light— 1st 5 %s 1951 ---F&A Roanoke 33 South Carolina Power Co— 1st lien & ref 5s 1957 (Ind) W W Corp— Richmond (8 I) Lt & RR— 1st coll tr t_4s 1952 Rio Grande Valley Gas Co— Deb g 107 78 100 n 14% 14% 14% 14% -Bid Bonds Ask Gen mtge4%s Portland Gas Co 1st 5s 1951-F&A 1st I 1955---—.-—A&O 6s Rochester Central Power Portland 1st & Cone Richmond 1st mtge 5s Roanoke (Va) 80 100 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958 M&S Pittsburgh Trac 1st 5s 1927-A&0 Plainfield-Un Wat 5s A '61.M&M Platte Val Tel 1st 4%s *58—M&N Pomeranla Elec 6s 1953-—M&N Rhine-Westphalia El Pr (Germ'y) Mtge g 7s 1950---. M&N Direct mtge 6s 1952 M&N Con mtge 6s 1953 F&A 1st M 5s 1957 1959.M&S Pitts Canonsburg & Wash 5s Bid Bonds Ask Phlla Suburban Water Co— 1st s f 4s 1965 M&S Phila Transportation Co— Consol 77 public utility bonds sept., 1940] 105 1951 _ 78% /This price inclu-es 82% accrued interest. £ Last sale. n Nominal, 118% 107 100% r Payable In UTILITY BONDS PUBLIC b NOTICE—All bond price, are "and interest" except where marked "f" Quotation* for all securities are as near as possible for the closing day of the Bid Bonds Ask West End St (New York)—1960 opt aft 14 J&J Adj inc g 5s Jan 1960 opt -A&O / Third Ave RR 1st 5s K 37—J&J / Union Ry 1st 5s g 1942 F&A Westchester El 1st 5s g 43-J&J Yonkers Ry 1st 5s 1946--A&0 Tide Water Power 1st 5s 79-F&A Toho Electric Power (Japan)— 1st s f 7s 1955 ser A—M&S15 Tokyo Elec Light Co (Japan)— 1st g «s 1953 series.__J&D15 Toledo Edison 334« 1968 J&J 1st mtge 334s 1970 A&O 3 Ms s f debs 1960 -,r-A&9 Traction Terib'l Corp 5s'57--J&J Trenton G & El g 5s ^949__M&S Trenton St Ry ext 5s 1968-__J&J / Third Avenue Ry 5634 1st ref g 4s 1834 9934 78 65 83 Ry—See Boston El Trac—See Pbila Co 1st s f 5s 1958J&J Penn Elec deb 5s 2030-A&0 Penn Power— M 5s 1963 series E M&S M 334s ser I 1966 J&J 9934 10734 West 70 1st 9534 9534 1st M 3s 78 81 1st 11634 11034 10534 11334 K 1970 M&S 1st 5s 1960—J&D Philadelphia Pass Ry— 1st ext 334s 1956 A&O 2d extended 5Mb 1956—M&N ser 55 10734 10434 10034 7334 12134 5534 10834 10534 10134 75 43 Co—• M&N / -F&A / West - '334 61 30"" 87 fctR—See N W Elev 5s '40M&S 10834 1967—J&J Union Gas System—r 1st M & coll s f 5s 1948- — J&D Union Passenger Railway— .. _ 63 61 63 66 68 68 11 A&O United Elec Rvb (Providence)— Gen ref M 5s Jan 1951 ser A— Bear Beauharnois Power M&N 10334 Beaver Valley Water 0% pref-100 Bell Telephone (Canada)100 M&N 100 1950---— -J&J 101 534s 1950— 5s 1951 5s series Deb s B f 6s extd 1950 M&N 27 6634 87 10734 85 11734 83 Un Lt Rye (Dei) deb 5 34 s. 52 F&A United Public Utilities Corp— Convcolltr 9134 99 J&J Oonv coll tr 6s A 1960 53>s B 1960—J&J United Rys Cos 4% ctfs '49.J<" United Railways of Havana— / / Eq 7Hs Feb 15 1930 Ti United Rys of St Louis— Gen g 4s July 1 1934——.J / / City & Sub Pub Serv 5s 34-J United Securities Co Ltd— Coll s f 5Mb ser A 1952-M&N Coll s f 534s ser B 1952.-M&N United Telep Del 6s A 1948 A&O United Tel & Tel 5Hs A '53.M&N 29 % 9234 Wisconsin Power & Light— 10034 40 8634 119 10134 834 8 38 41 101 10134 J&D / 334 5s 1955 M&N 1960-F&A Yashlngton Gas Lt 5s *60 M Washington Ry & Elec Co— — - .... rH r—< 98 10234 10034 123"" 129 i-H 5s —J& 1959 * ♦ * $5 preferred 109 4134 Ordinary shares -------- Amer dep rec 734% Amer dep rec B ord 10934 4334 78 —- ■ I A ord—£1 -£l 534% pref £1 Oallf-Oregon Power Ck>— 0% preferred series of 1927-100 6 % preferred 100 Oaiif Water Serv 0% pref 25 Calif Water & Telep 0%pref 25 Camden & Rockland Water.-100 6% preferred 100 84"" Canada Nor Pow com Canadian Marconi 334 16 10334 10334 105 10034 1 2 Amer & Foreign Pow com * 134 Amer 10 — Gas 81 100 & Power com * Warrants "& Traction. ..25 6% preferredAmer Po wei & Light com 25 ♦ * $6 pipferred. $5 preferred- .* Amer Public Serv 7 % pref—100 Amer Railways com 50c American Service $3 preferredAmer States 8034 Utility com 534% preferred 25 Superpower Corp com.-.-* Amer 75 77 First |6 preferred ♦ 52 56 Preferred $6 series • oo American Telep & Teleg 6% preferred 100 15" 97 98 1 Capital Transit (Wash. D O) 100 Carolina Pow & Light $7 pref --* $0 preferred* Carolina Tel & Tel -----100 Casco Bay Lt & Water.— 100 0% preferred ---100 $6 1st preferred Appalachian El Pow 7% pref * * 10834 6% preferred Arizona Edison preferred * 6% preferred 234 134 1634 4 1434 34 3334 11134 334 liVs 26 1434 2834 * com..— Cent Indiana Gas 634% Cent Indiana Power 7% Central Kansas Power 115 3434 4134 SS* 6* 165 2334 11434 6234 137 1934 lp34 21 98 10C* 3c 92 Prior 18* 1934 We 7334 1234 16234 34 534 9 100 114 534 69 Cent & S W Util 26 2 734 75 a Called for redemption; see page*! 11. 6 Basis. /Flatprice. — 40 98 103 w 12 34 34 1134 10734 10234 1134 10934 10334 150 160 11 15 94 99 634 71 934 4934 2 234 734 10634 108 101 1.15 43 1434 11334 111 78 75 7434 103 100 100 100 * 99 98 10634 9834 93 100 xlll)4 -.100 10234 50c com lieu preferred * Central States Edison * pf--* Central States Pow & L $7 Cent Vermont Pub Serv 0% pf-* Central W est Co. v t c_ 5 ctfa—* * Chicago Rys partic ctfs ser 1—100 k Last sale. 99 9434 11334 104 Vie 34 40 105" 110 134 834 1 8 104 134 "2" '34 234 34 Chic City & Con com part Pref partic ctfs Series 2 100 Series 3 —100 Series 4 100 34 1 34 - «. - Cincinnati Gas & Elec 5% pf 100 Jlncinnati Street Ry 50 Jincin & Suburb Bell Telep 50 10534 234 10 100 634 7334 com.-—-- Preferred - * Preferred B 94 7 72 Cities Serv Pr & Lt $7 preferred Citizens Gas Fuel $6 pref * —* - * com 93 9734 34 34 10634 234 • - — — 634 75 734 771 97 100 tiy—See Phlla R T Citizens Traction—See Phila Co Citizens Utilities 134 com nNominal. r Canadian price, x Ex-dividend. 1 134 Citizens' Pass 10134 ♦No par value, — 2534 35 * Jities Service 109 834 89 8434 2534 2534 100 6% preferred 88 4834 134 34 85 Central Pow & Light 7 % pref Preferred 50 10 J" 10634 101 Preferred BB * 82* 6% pf-100 6% preferred-—— $7 preferred Central N Y Power Corp— 5% preferred Cent Ohio Lt & Pow 0% pf 45 17 pref 100 Central Maine Pow $0 pref—-100 «8* 3 pref-100 7% preferred 334 5034 234 1634 34 7234 1134 16134 100 Cent Illinois Light 4 34 % pref-100 Cent 111 Pub Serv $0 pref. * 44 1 --* Class A 11134 334 34 1 60 Cent Hud G & El Power— Common 6% preferred-- 80 * * Arkansas Nat Gas common 115 33 113 com Arkansas Missouri 334 1234 34 * * 100 0% preferred 83 15 34 — Cent Arkan Pub Serv Corp pf Central Elec and Tel com 4 34 % preferred 434 834 9034 10234 834 834 10534 9434 100 * Amer Wat Wk» & Elec com— 53 81 Central Arizona Lt & Power Co— 5934 25 10934 10234 7 7 8134 95 American Light 11034 10334 9334 Service6% pref_* Phila Co 50 Amer Gas & Elec com 15234 11834 * — 1 AUentown Beth Gas pref Amer Cable & Radio Corp $7 preferred* $7 second 2nd pref series A—.* $6 cum pref * 105 Amer dep rets Allegheny Traction—See 434 % cum preferred Waukesha Gas & Electric Co— 1st 107 "434 100 Wireless Ltd—• $7 preferred $7 pref Arizona Power $6 / f 10634 . Warrants 103 7834 10734 J& 10734 PUBLIC UTILITY STKS. Alabama Water Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 Certificates of deposit _ Amer Utilities Service com ww 106 1 $0 preferred 10134 79 r—< jlisv — Oable & Hyaro-Elec of H <N Wyoming Vail P 8 6s 1971—A&O Yonkers Ry—See Third Ave. Ry 100 York (Pa) Gas 1st 5s 1941.M&N York Haven Wat&P 1st 5s'5lJ&D 123 York Rys 1st M < 5s '37 opt_J&D 9634 5s stamped 1947J&D f 61V* Alabama Power 125 City & Sub 58 g 1948 F& Washington Water Power Co— 101 99 1st mtge 4s 1901 J&D Wolverine Pow adj 4 34* Mar 1 *59 Worcester Transit Association— _ H H o o coo M 10834 $6 preferred 14 Upper Mich Pow & Light— 1st mtge 4s ser A 1959—F&A 10034 Utah Lt & Tr 1st 5s 1944 A-.A&O 10134 Utah Power & Light Co— Deb 6s May 1 2022 9734 M&N 1st lien gen M 5s 1944—£&A 10234 100 1st lien & gen M 4 34s 1944-F&A Utica Belt Line Street Ry— 1st 5s 1939 M&N / 2 Utica El L & P 1st 5s I960---J&J Utica G & EI ref & ext 5s '57 J&J 126" Co Bldg (Kanata Realty)— 5s 1950 F&A 10134 Utica & Mohawk Valley Ry— 1st 4)4s 1941 —-M / 234 Vermont Ltg Corp 1st 5e*44 A&O / 12 Vesten Elec Ry 7s 1947 J&D / 13 Virginia Electric & Power— 1st & ref M 334* B 1968—M&S 10934 Virginia Public Service Co— 00 1st & ref 534* 1946 ser A—F&A CO 1st & ref 5s 1950 ser B J&D 1st & ref 0s ser O 1952 M&S Deb s f 6s 1940 F&A Washington Gas & Electric Co 1st lien & ref 6s w w 10934 55 Public Service Corp— . " 1st 50 109 Consol 41 * 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 25 $5 1st pref * 35 109 3 103 33 1.55 2034 133 34 Class B 48 104* 120 * 20 * Brockton Gas Light Co v c c—25 Wuerttemberg (Germany)—See 38 Unit Trac (Pgh)—See Phlla Co Unterelbe Power & Light Co— Sink fdM 6s 1953 A&O / „ 106 Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Corp A 9 10 * .. Cum income 6s 1952 J&D / Cum income 6s (w s) 1952. J&D / 37 38 100 com 10134 4s June 1 1941 Wisconsin „ 2004 1634 10234 J&D 1st mtge 4s ser A 1900 Serial debentures— 100 94 1st lien 0s ser B 1953—-M&N United Traction (Albany)— Con g 434* 1334 Winnipeg Electric Co— Gen 4-5s series A 1965 J&J Gen inc 4-5s ser B 1965 J&J Wise Elec Power 3Hs 1908-A&O Wise Fuel & Lt 1st 5s 1948.-M&N 8834 Ry Brazilian Tr Lt & Pow ord 11634 109 100 Birmingham Elec $7 pref * $0 preferred..* Birmingham Gas common 2 $3 50 prior preferred 50 $6 preferred 10 Birmingham Wat Wks 6% pf.lOO Blackstone Va; Gas & El pref-100 Boston Edison Co new com 25 Boston Elevated 10234 '52--J&D 85 69 Wisconsin Gas J&J Deb 6s 1973 67 .6834 79 78 .—M&N & Electric— 1st mtge 334s 1966 A&O Wisconsin Hydro-Electric Co— 1st M 5s 1947 A&O Wisconsin Michigan Power Co— 1st mtge 334» 1961 J&J 10234 6634 6834 6734 10034 102 68 pref—100 25 Biddeford & Saco Water--- 103 _ River Bdge—* com * Canadian Price 101 & M&S F&A 1st M 5s 1960 ser O —M&N Williams port Water Co— 1st M 5s Aug 1952ser A— .F&A 89 Hudson Beverly Gas & Elec Western Public Service Co— 1st M 5e 1956 ser B 98 1951 ser B— United Electric Service (Italy)— Extl 1st s f 7s 1950 Ber A.-J&D United Gas & Fuel (Hamilton)— 1st ■ f 5 Mb 1948 J&J United Light & Power Co— Debg 634s 1974 M&N lit l & consol 5Hs 1959-A&0 Deb g 6s 1975 M&N United Lt&Ry*(Me)0s A'52 A&O Gen ref M 4s Jan Mt Bell Telep of Pa 634% 90 M&N 116 25 100 100 105 1st M 5s 1941 opt Water 6s 1949 104 1234 234 2534 30c 100 Bangor Hydro Elec com 7% preferred 0% preferred 10134 1940 Wichita 10234 * * J&D coup notes Western N Y Utilities 5s '40-J&D Western N Y Water Co— Westphalia United El Pr (Germ) 1st M s f 6s 1953 J&J / Wheeling (W Va) Electric Co— 76 100 134 1 (3-year s f 6s 1952 Westmoreland Wat 5s 78 Miir ol 10934 pref Atlantic City Elec $0 pref-Bait Transit Covtc. Western Cont Util 6s 1944.-M&S Western Mass Cos— Mut Un 6s ext at 5%to'4lM&N Western Utilities Corp— _ 1961 --A&O 2d ext 4s Mar 31 i960 A&O Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— First lien 534s *51 ser A.M&N Unit Elec Co of N J 4s '49- -J&D ist 4s 61 * Preferred vtc ref 5J4s 1960 F&A Western Union Telegraph— 98 J&D J&D J&D 1940-42 1st serial 4 34s 1943-45 1st 434s 1950 10734 Class A Atlanta Gas Light 0% Union Gas Co. of Canada— 1st serial 4s Investing Companies Public Utility * Telep Co Ltd $1.25 pf— Assoc Telep & Teleg $0 prei * $7 1st preferred-.100 Associated 107 79 124 1st Union Gas & El 1st ext — Assoc 10534 1st M 10734 10334 * * * * * - see 10634 Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s '50--J&D Westchester Service Corp— 4s 1948-1953. 8/e 34 34 ----_* Assoc General Utilities— 88 West Virginia Water Service— 1st mtge 4s 1961 A&O 1st oo KK 11334 74 Texas Utilities Co— 1st mtge 334s ser A 1969-M&N 1st M 82 106 West 3)4 % 12 12 111 West Virginia Ohio River Gen mtge 3)4s gtd 6134 117 _ Bridge 3 34-0Hb, I960--—-J&J A Common class A Original preferred $4 preferred $5 preferred $6 preferred—. $634 preferred-.$7 preferred Option warrants 84 1 1 Associated Gas & Elec com 108 94 * -* 0% preferred End West Penn Tr UJigawa Elec Power (Japan)— 1st M s f 7s 1945 M&815 Union Electric Co of Missouri— 1st mtge & coll tr 3 MB 1962 J&J 3% notes,1942—J&J Union Elev West Arkansas Pow & Lt $7 pref West Ohio Gas West 50 10234 Tri-Oounty Telep 4)*b B '56 A&O 234 Troy City Ry 1st cons 6s "42 A&O / Twin City Rapid Transit Co— 6034 1st lien & ref 534s A 1952—J&D 57 1st lien & ref 534s B 1952--J&J Twin States Gas & ®lecwic—• 104 1st 1 & ref 5)4* 1945 Ser A-M&S Tyrol Hydro-Electric Pow 1st M s f 7Hs 1955 Guar b f 7s 1952 5634 1834 10034 Bid Stocks Ask Bid Bond* and Incom* and defaulted bond. month preceding the date of issue 134 Sept., 1940] Stocks Far Bid Stocks Ask 102% Cieve Elec Ilium 39% 113% 103 — _ * 100 Coast Co Gas & El 1st pref-.100 Colum G & El Corp (Del) com..* 6% preferred series A,.—->100 5% preferred 100 5% conv preferred 100 40 115 25 _ 27 80 100 614% preferred B —100 Commonwealth Edison Co...-25 Commonwealth Gas ......1 Commonwealth & Sou Corp com * New common 8% preferred 100 Frankfort Kentucky Nat Gas. .85 Frankf'd 115 114 31 75c 90c Preferred 1% ■» _ — 98 n 104 n 107 . . . % General Public Service 118 * * % Connecticut Light & Power * 56_ .116.. * 49 7 7% 77 28 ■ 105 1% 155 160 104% 101 106% 101% 7% prior preferred 100 Oontlnen Pass By—See Phila R T 91 28 % 1 93 2 100 3 3 % 100 1 Detroit Int'l Bridge new com uuke Power 100 East Coast Public Service vtc. East Middlesex Street Ry East Tenn Lt & Pow $6 pref 1 6% preferred 4)4% prior preferred Eastern Mass St Ry com 6% 1st pref stamped 6% pref B stock 5% adjustment stock 100 -.100 100 100 Eastern Mich Transportation.... Eastern Minn Power 6% pref—* East Shore Pub Serv 6% % 115 117 118 27 121 110 ill"" , 11)4 Conv stock 1 1)4 6)4 J* 23 23 54% 65c 75c 62% 66 10 11)4 1% 15)4 18 2 4 1% 19" 22 27% * 3% 5% 71% 64)4 70% 63 6% preferred ........100 8% preferred 100 Elec Power & Light Corp _* $7 preferred * $6 preferred * 2d pref series A .* Optional warrants EI Paso Electric Co (Del) — 67 115 75 El Paso Nat Gas 7% com 100 __50 50 Elisabethtown Water Cons...100 Elizabeth Consol Gas 100 com Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf--100 Empire Gas & Fuel Co pf 8%-100 Preferred 7% 100 6)4% preferred 100 6% preferred 100 Empire Power Corp— See Investing Companies. Engineers Pub Serv com ..1 $5 cumulative preferred * $5)4 pref (with warrants)....* 2 1% 32 110 Preferred 37% 33% 1.7% 15^ 3 Preferred Eliz & Trenton RR "5)4 5%. 36% 32% 95 33 55 62 112 117 220 215 44 70 85" 81 81 84 78% 80 82 82% 78 9% 9 % 32 31 % 103 18% 100 101 109% 114% 20c 100 _ _, 52* 102 107 100 83% 25 2 Mackay Companies 4 % pref. 100 Maiden Electric Co —.25 Maiden & Melrose Gas Lt 25 ' 34 36 Market St Ry(San Francisco) 6 % prior preferred 47 15c" 7e % 4* 3 28 30 12% $5 14% 15% $6 preferred series O $6 prior preferred 7% prior preferred 11% 12% .... % 3% 102 110 97% 3% 57 58% 107 100 109 110 General Service— 6% preferred 100 Indiana Hydro Elec 7% pref.100 109 110 Indiana 81 13% 14% 16% Indiana Telephone Corp 100 Indianapolis Power 8c Light— 30 Foreign share ctfs International Utilities— ._.* , 82 8% It T 22% 7% preferred 94 95 14 * . * * Iowa Elec Lt & Power Co— 6% preferred A L 100 7% preferred O 100 Iowa Power 8c Lt 7% pref—.100 4 arrear 2.70 "2% pre! 15 $6 cum preferred 100 Mississippi Power $6 pref * $7 preferred * Miss Power 8c Light 6% pref * Mississippi Riv Pow 6% pref.100 Mississippi Valley Util * 70 74 2% Mountain States Power 4 * 4 % % 93% 83% 81 90% 80% 110% 2% 2% 25% 4% 23% 3% l66" 3% 10 98 28% 6% 78% 88 105% __* 19 40 100 42" —10 * com 50 Mountain States Tel & Tel 30 2% 2% * • —100 100 .* 5% preferred % - com. 6% preferred Montana Power 6% pref Montreal L H & Pow Cons Montreal Telegraph Tramways com Mountain Fuel Supply 6 4% 20 Missouri Pow & Lt $6 pref Missouri Pub Service com 100 Narragansett El 4%% pref 5% 16% 45% 130 50 51% Nassau 8c Suffolk 7% pref—100 National City Lines com.. 1 26% Class A 10 conv com .60 10 National Power 8c Light com $6 preferred * 14 26% 42 4 7% * 89 1st pref 100 114 100 111 ... 3 - Nebraska Power 7% - 14 15% 34% 37 78 79% 84 86 6% preferred Nevada-Calif Electric com.. Preferred 10 1 100 New Bedford Gas & Edison Lt.25 New Eng Gas & Elec Assn— 56 $5% preferred stamped— * New Eng Pow Assn com.......* 103 3% 6% preferred ..........100 $2 preferred * New England Pow Co $6 pref.100 New England Pub Ser com..—.* $7 prior preferred * $7 preferred * $6 preferred * $6 prior pref * New England Tel 8c Tel 100 New Haven Water— 50 — * certificates.-.100 ser Midland Util 7% prior lien..100 6% prior lien —100 7% preterred class A .100 6% preferred class A 100 Minnesota Pow 8c Lt 7% pref 100 Montreal 4% 3% 14 14 100 16% * 100 * 12 17% Investing Companies. cum 5% %6 5% ; 8 Utilities—" Jamaica Pub Service Ltd. Preferred Jamaica Water Supply $5 2% 7% 70% 2% * certificates IIIII IlOO arrear Middle West Corp com 6 com...__....* Convertible pref A * Water 5% preferred 2% * ~ 7 % arrear certificates Italian Superpower— % 6 2% * ... Common Iowa Southern Common 4 104% ' 100 6%% preferred $7 preferred "i" 100 preferred National Gas & Elec * 108% 100 Montana Dakota Utilities Investing Companies. ... See 110 111 — 107 Mexican Northern Ry com...100 Preferred ...100 Mexican Utilities $3 Interstate Natural Gas Interstate Power pref $7 $6 preferred Investors Telephone coin—I Iowa Electric Co— 57 55% 21% 13% 23 107 110% - 103 * * Monongahela L 8c P—See PhilaOo Monongaheia St Ry—See PhilaCo Monongahela Valley Water— 7% preferred 100 Monon-West Penn P S 7% pref 16 100 r Internat Power Securities Units. Internationa] Ry v t c 100 Internat Teleg of Me (gu) 100 International Telep & Teleg * 15 22% r * — 79 Indiana Service Co 6% pref__100 7% preferred 100 * 94 * Midland United 96 100 .5 preferred Middlesex 114 % 23% 4% * Michigan Consol Gas * - cum 50c * preferred 4 * International Power Co 1st preferred Common without warrants $2 Preferred 11% 53 Conv pref $3.50 series. 50 Internat Ocean Teleg iguar)__100 1 90 95 100 Mass Power & Light Associat'n— Common with warrants * Memphis Natural Gas Metropolitan Edison Go— 44 Common. * 6% preferred. 100 6%% preferred 100 Indianapolis By Co v t c 400 Indianapolis Water 5% pref.. 100 Interboro Rapid Transit —100 Certificates of deposit Internat Hydro-El Syst A 25 8 30% 30% 17% 17% ..100 25 34 7% preferred.... Modified 5% guar 25 32 Illuminating Shares class A Indiana Assoc Telep $6 pref Indiana 8c Michigan Electric— 22 Manchester Gas pref 100 Manhattan Railway 7% guar 100 Certificates of deposits 25 -.100 80 _.. 60 6% % a 3 73 100 Marion (Ohio) Water 7% pref.100 Marion Reserve Pow $5 pref.. * 50 $6 preferred 55 •Without par value, 101% 100 "4" 25* 50 15 95 * 60 2% 24% 5% 6% Preferred ($6) * Federal Power 8c Light com 50 Fed St 8c Pleasant Val—See Phila 33% 33% 5% 3% 50 10 Federal Light 8c Tr com 37 3% 64% __* . 89% 25 5% 13 100 Certificates of deposits Marcon lnt Marine Commun'y— Amer dep rets for ord shs. £1 ..* 5% conv preferred Arrears certificates 88 8 Fall River Gas Works 2% Illinois Iowa Power common...* 9% 76% 74 7% 2 1 1 100 Iowa Pub Serv $6 pref Phila * non-cum Essex ...60 10 Fairm't Pk & Hadd Pass Ry—See Fall River Elec Light 25 112 29% 32% 111 $6 preferred.—...— Erie Coach Company European Elec class A 112% 108 20 See 57 80 109% Illinois Power 8c Light— 53% 100 * * Harrisburg Bridge 89" 25 preferred..100 Huntington Water 7% pref—.100 Idaho Power 7% pref 100 6% 1 st preferred * 111 Comm'l Telep 6 % pref * 75 2 4 7% 61 * A $7 preferred Lynn Gas & Elec Co 98 Harrisburg Gas 7% preferred. 100 Harrisburg Rys common ...50 8 3 Preferred series A 25 25 2% * common 72 22 7% pref class A Hamilton Bridge common Hamilton Gas common 5% 8* 4 26% 3% 5% * ..* 70% rlH 72 25 5 $6 preferred * 10 Hudson & Manhattan 113% * Electric Bond 8c Share T 87 Preferred 10 8)4 85 com _ * 3 71 80 Preferred ;■_ 100 Lowell Electric Light 25 Luzerne <^0 Gas & El $6 pref.100 80 78% * 69 113 89 Gas 25 26 __25 Hestonville M & F—8ee PhilaRT Holyoke Water Power 1 Houston Lt 8c Power $6 pref— * Houston Natural Gas com.. * 50c 9)4 66)4 100 Easten Telep & Tel eg Eastern Util Assoc $5 preferred Electric Ferries 106 pf 100 6% preferred.— States 103 70" 100 100 15 100 Havana Elec Ry com 6% preferred Havana Elec 8c Util $5 pref 6% preferred Haverhill Elec Co Haverhill Gas Light .100 Eastern Gas & Fuel Assoc's com * Eastern 113 2)4 Duqueme Light—See Phlia Co— Duqueme Nat Gas common * $4 preferred -r $5 preferred * 85— 42 * 11% 40% Louisv Gas & Elec com cl 5% preferred 97% 88——I* —6% preferred. 17 7% preferred Louisville Railway Co PhilaRT Preferred 1% 110 * .100 10 39% 96% Greenwich Water Sys 6% pf-.lOO Gulf Power $6 preferred....._..* 43 H 100 Detroit Edison Pass—See .. Light 6% preferred 100 5H% preferred 100 Dallas Power 6c Light 7 % pref 100 6% preferred * Danbury 8c Bethel G 8c E pf___25 Dayton Pow 8c Lt 4 H% pref.100 Denver Tramway com * Preferred.. 20 Hartford Electric Light Hartford Gas com 4 42 Cumberland Co (Maine) Power Derby Gas & Elec $7 pref Detroit & Canada Tunnel— . 97 42 100 100 Common Long Island Lighting com * 7% preferred A ___100 6 % preferred B 100 Longview Bridge class A 5 Louisiana Power & Light $6 pf_* 50% 102 44 19% 51% Gulf States Util $6 pref $5.50 preferred Hackensack Water 31 Continental Gas & Electric— 6 30 45 108 104 25 Lone Star Gas Corp Common 1% * t c 27 Lawrence Gas & Elec Co Lewiston Gas Lt 5% pref 80 Green & Coates—See Phila R Green Mt Pow Corp $6 pref Greenwich Gas $1.25 pref 35 * com v 40 117 100 _ 32 Donsumers Power $5 pref Cumberland Gas 25 25 35 75 19 Gloucester Elec Lt Co Gold & Stock Telep (guar) Consumers Gas (Reading)....25 Consumers Gas (Toronto) 100 6% preferred 35 * 9% Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Crescent Public Service com Cuban Telep common 63 25 25 5% preferred Gen Telephone Corp com $2.50 conv preferred Germantown 116% 105% 28% 106% 105 61% Lexington Telep 6% pref 1 1% 116% Kansas Power & Light— 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 Lexington Wat Serv 7% Dref.100 Light & Pow Securities Co * Preferred ; 100 9 80 116 "5% 61* $3 preferred * Georgia Power $6 preferred * $5 preferred _——• Georgia Power & Lt 6% pref * 7c 102 * 18 __ 119% 100 100 16% Gen Wat Gas & Elec com 51% % % 4% Corp— Gen Telep Tri Corp % 58 119 ... Kansas Elec Pow 6% pref * Warrants 40 38 1% 87% 20 50 98 * common 45" 42 1)4 See Investing Companies. General Pub Util 20 15 Conn Gas & Coke Sec pref Common $4.60 preferred 100 91% 7% preferred 57 ———.100 5% prior preferred * cum conv pref ser A —_■* conv pref ser B * $7 preferred * $8 preferred... * Gen Italian Edison Elec Corp— Amer shs for ordinary stock.. 9% 25% %6 - » $6 _ 44 4% pref series c 100 Cons Edison Co of N Y com....* $5 preferred.. * Consol Gas Co (Pgh) pref 50 Consolidated Gas Utilities com-1 com $6 103% 9% > Gatineau Power 5% preferred 5%% preferred — 24 5% % preferred—-100 25 Gen Gas & Elec (Del) com A.-* • 42 _ * 61% 6 100 Connecticut Power 25 Connecticut By & Lighting 100 4)4 % preferred 1 100 Consol Elec & Gas $6 pref * Cons Gas E L & P (Bait)......* 4% % pref series B__ 100 common 5 %% preferred.... 100 Kansas City Power & Light— 1st pref $6 series B * Kansas City Pub Serv * Kansas Gas & Elec 7% pref. .100 6% preferred * Kansas Power Co 6% pref * ; —100 _ 105% 7% preferred 32 120 26 R T Phila Gary Elec & Gas s32 60 Community Pub Ser com 25 Community Water Uerv com 1 7% preferred * Concord Elec Co 6% pref__..100 Common S thwark—see & 109% Bid Par Jersey Cent Pow 8c Lt 7% pf_100 6% preferred 100 Preferred 50% Telegraph (guar) —100 Gandy Bridge common _* Gardner Elec Light common .100 30% wi First preferred 0% 107 63 1% %« 5 % % preferred 100 Commonwealth Water & JUght— * —* Florida Power & Lt $7 pref— * Florida Telephone .100 82 ... — 49 104 69 113 Optional warrants $6 preferred * Commonwealth Tel (Pa) 7% pf 20 Commonwealth Utility 6% % pf-* Commonwealth Water Co— 6% preferred 7% preferred Community Pow 8c Lt— 47 62 114 41 101 Franklin preferred A 38% 39% 39 Florida Power Corp 7 % pref.. 100 Preferred $50 par . Cclumbus 8c Southern Ohio Elec— 36% 37% issue Stocks Ask & ... 100% 5% 82% 100% 5% - 6% Bid $6 preferred * $6% preferred * 37 preferred -—* Fitch burg Gas & Elec Light.-50 — 1 101 * common $4.50 preferred Cleveland Bail way .Par Federal Water Service com A__* 7% preferred 100 City Water Co (Chat) pref—-100 City Water (New Castle) pref.100 79 stocks possible for the closing day of the month preceding the date of are as near as Citizens Water Co of Wash (Pa)— 1 utility public Quotations for all securities New A * Jfe Last sale, n New 130 30% 32% Jersey Pow 8c Lt $6 pref * Jersey Water pref.. 100 New Mexico Gas com 6% preferred ......5 50 26 33 8% 63% 20 134 # 9 62% 115 76 107% 101% 4 42 106 Co. Called for redemption, see page 111, Nominal, r Canadian price, t New stock, x Ex-dlvidend. PUBLIC 80 Quotations for all securities are Par Stocks Bid 7% preferred Newport Water $6 preferredNew Rochelle Water 7 % pref 10C N Y Mutual Telegraph (guar) —25 N Y City Omnibus common * Option warrants N YPow A Lt Oorp $6 7% N N N N — — — — — — — 50 13 15 preferred 50 Passenger guar 50 Continen Pass Ry ($29 pd)_50 18 25)4 25% Germantown Passenger 11 Green A Coates Sts ($15 pd) 50 Hestonville M A F com....50 ^ 105 106)4 —.100 114 116 El Light A Pow— --* 110 "2)4 2 61 64 105)4 18H 4)4 Niagara Huds >n Power ---10 1st pref $5 series——...—100 2d pref 5% series...——-—100 87 70 1 X Norristown Water Co.-------50 North American Co 10 95 50 50 55)4 53)4 H 81)4 H * North Amer Utility Securities—* North Boston Ltg Prop com..—* Preferred —100 North Texas Co (Del) 10 Northeastern Wat & Elec com..* $4 preferred 20)4 56)4 55)4 H 3 • 13 15 56 58 5 H% 105 25 40 pref...100 A—25 87 preferred Lioerties Gas Northern N Y Util7% Nor States Power (Del) cl 113 54 100 102 10 7% preferred * 94 36 38 24 26 _ * 106)4 113 114 115 116 —100 5)4% 1st preferred 1 Ohio Service Holding com lOO" 102" 106)4 112)4 108)4 113)4 40 — — Units 181 Ohio Water Service A com.. 101 Okla $5.50 conv.prior pref Omaha A Council Bluffs Ry- 116" 104 17)4 18)4 49 51 114 116 8% oonv preferred A......100 Oregon Wash Water pref * Ottawa Light Heat A Power.—* Preferred —100 Pacific A Atlantic Tel (gu) 25 Pacific Gas A Electric 25 1st preferred (6%)— 25 1st preferred (5)4%)—— ---25 Pacific Lighting Corp com * $5 preferred * Pacific Pow A Lt 7% pref 100 6% preferred ——...—* 3 8% preferred Panhandle Eastern Pipe Line 15 — 28)4 29)4 34 | 82 Rockland 75)4 St \ ' 33 35)4 29)4 San 33)4 31)4 Edison— Pennsylvania Edison Co— 7% preferred 38)4 Scranton Transit common 65 Seattle Gas Common class B .... 1 Philadelphia Co com—.——* ..* S5%preferred cum preferred $6 cum pref Allegheny Traction —50 * —.50 Traction Consolidated Trac pref Without par value. bonds t New stock, 98 112 H 1)4 10)4 10)4 21)4 5)4 31)4 81)4 1.30 120 1)4 11)4 83)4 6)4 78)4 44)4 90 ~6" 117)4 1 20 M 100 115 25 100 16 24" 17)4 2)4 54 8)4 13)4 100)4 3 87 33 O 25 25 Original preferred—.......25 5 89" 12 13)4 22)4 24 17 21 26)4 26)4 28)4 29)4 29 43 30)4 46)4 32 H 32 33 H 34 11)4 12" Southern Calif Gas Co— 25 25 25 r 25 1 --100 64 1 1 ft LC preferred—.— .100 Southern Nat Gas com......7)4 4.8% cum United Gas A Elec (Conn) com.* 40 7% preferred 100 United Gas A El (N J) 5% pf.100 United Gas Corp com..........1 $7 pref series A ♦ Warrants 82 United Gas Improvement.... 36 4 84 85 81)4 1 1 107 106)4 Vf, 12 11)4 * 112 United 111 Co of New Haven * United Lt A Pr Common B ♦ com 1st pref. cum 2 1)4 35)4 * A • ..... 28# 80 100 81 —100 90 United Public Service Corp.. United Pub Util com A 113 114 — 1)4 1 ._* Class B common..........._1 $2.75 preferred 25 * $3 preferred ♦ $6 preferred * $7 preferred • 38" 14)4 7)4 100 Utilities Stock A Bond Corp.. 1 Virginia Electric A Power— $6 preferred * Virginia Pub Serv 7% pref 100 6% preferred -.100 Washington (D O) Gas Light— 115 76 66 23 M 105 ...... conv 100 preterred 7% pref Rv A EI 9)4 1UU 100 720 100 111 Washington Wat Pow 6% prefWest Ohio Gas com .__* West Penn Elec Co class A * 107 com 5% preferred 7% 6% ! 2!*l United Utility Co common....10 Utah Power A Light— 18)4 cum preferred cum preferred 106 100)4 25)4 * 114 100 4)4% preferred » 99)4 100 100 West Penn Power Co com Preferred Western Massachusetts Cos 113 5)4 % preferred series 6% preferred series B A 9)4 2)4 I* 16)4 101)4 21)4 1M 69 Southern Indiana Gas A Elec— 32)4 115L? Corp $3 cum preferred.. Warrants 117 103 South Calif Edison common...25 Preferred 9 101 98 80c 25 * 27)4 30 Western Uuion Telegraph— 15" * 100 a* 55 Pittsburgh Water— preferred —100 7% preferred.. 100 Southeastern Telephone com—* 6% preferred 25 Southern A Atlantic Teleg (gu)_25 Southern Col Pow com 9)4 Preferred 50 Union Pass—See Phila R T Union St Ry (New Bedford)—100 Western N Y W^te- pref 6% « 111 10 Western Pub Serv $1.50 pref 6% pf.100 Power 1)4 16 100 Union Electric Co of Missouri— 5% preferred * Union Gas (Oauada) West Phila Pass—See Phlla R T West Texas Utilities $6 pref * West Va Water Serv 6% pref * Western Lt A Tel com 1 1 6% preferred series A 6% cum preferred Southern Calif Water pref 107 preferred Partic units "ji South Southern Canada 60 53 12 pf__100 South Carolina Power 6% pref..* 20 104)4 100)4 (Minn)..* 7% 4)4 % 98 Sou Carolina EI A Oas7 % m 110 100 100 Wasn Gas A Elec H Sierra Pacific Pow common....* 2 12)4 15c 115 South Bay Consol Wat 100 Twin States Gas Sz El 7% nref 100 Twin City Rap Transit Common 51 Shawlnigan Water A Power * Shenango Valley Water pref..100 Sierra Pac Elec 6% pref..—100 17 1.60 113 112 34 2 4)4 32 Utilities Power A Light— Old 7% cum preferred 116 92 8 SI preferred 100 13th A 15th Sts—See Phlla R T Tidewater Power 6% pref * 6.36% preferred 7% preferred 113 111 16 2 Electric. 107- * United Light A Ry 6% pref...100 107 * $7 preferred South American Utilities com.50c 21 24)4 108)4 ...1 common 4 » ... .... Union Traction—See Phila R T 103)4 103)4 99)4 102 preferred —.100 2d preferred * Second Ave RR Cop (NY) • 2d A 3d Sts Ry—See Phlla R T 57 116)4 % 87 102 * 56)4 J 120 24)4 86 H 9)4 3)4 100)4 * 1 1 Wash (D O) Sioux City Gas A 82 1 wi 114 97 100 100 -25 United 55 * 57 4 Monongahela Lt A Pow 60 Monongahela St Ry-—; 50 Phlla A Darby—See Phlla R T PhiJa A Grays—See Phlla R T Philadelphia Elec Co com * $5 preferred * and the consol. 3-6% 50 56 44 109)4 30* $5 $5 Preferred. 76 108)4 * 104 6)4 111 Shasta Water Co. 108)4 60 Federal St A Pleasant v&l—25 * 5 101 33)4 1)4 1)4 108 H 70 190 110)4 100 60 Duque8neLight5% lstpref 100 dian price, 23 107 Scrip.. / 95 $3 Preferred 25 19 Peoples Water A Gas $6 pref. .100 87 Peoria Water Works 7% pref. 100 100)4 Phila City Pass—See Phlla R T Citizens 1st 15 — 114 15 123 120 63)4 13)4 111)4 122 " 74 * )xas Power A Lt 7% pref:-.100 6% preferred * Third Avenue Ry (N Y). 100 6% 100 pref.100 37 H 109"" 142 12 M Savannah Elec A PowiS6 26 114 Union Gat System com 75 ..60 pref Brook Water Service 6% pref 3)4 97 105 * 100 100 $5 preferred 8% preferred OlftSP An ^ Pennsylvania Power $5 pref * Pennsylvania Pow A Lt $7 pref.* $6 preferred ...——* $5 preferred * Pennsylvania State Water, pref.* Pennsylvania Telephone Co— $2.50 preferred Pennsylvania Water A Power...* $5 preferred ——-* Peoples Gas A Fuel Corp —1 Peoples G L A C (Chic).....100 Peoples Light A Power Co A 1 91)4 45)4 135 2 4 100 Toledo-Edison pref A 7% 6% preferred 5% preferred 113 107 35)4 157)4 7)4 31)4 100 Scranton Electric $6 20 "9)4 108 4)4 wi Scrantou-Spring $2.80 preferred $5 preferred* Pennsylvania Gas common * Penn Gas & Elec Co 7% pref. .100 Penna Gas A Elec Corp $7 pref..* 8 91 95 55 * 7% preferred.. 60 19 1 common preferred Texas Power Corp common 1 Diego Cons Gas A Electric— New conv 114 34 % 99 » lerre Haute Elec 6% pref Texas Electric Ry. Texas Elec Service $6 7 155 22 22 100 Texas Gas Util com. Texas Hydro Electric— $3 .50 preferred 106 it* J * 7% preferred 5% San Antonio Public Service— Warrants B m x Light A Power 10 Joseph Ry Lt A Pr 5% pf—100 Warrants — x 5o Class A 125 B Tampa Elec Co 7% preferred Tampa Gas, 7% pref... St Louis Public Service— 152)4 * 105 91 St Joseph Water 6% pref..-.100 St Louis County Water pref..100 123 148 1)4 32)4 72 44)4 100 * 6% preferred. Lt com • Peninsular Telephone Co com * 81.40 preferred class A—..25 Pow 16)4 preferred Tacony-Palmyra Bridge— 98 Rochester Telep $6)4 pref 10U Rochester Transit common.....* 81 5 18 73 86 6% preferred series O—..100 6% preferred series D 100 5% preferred series E 1O0 73)4 cum 54 Swiss Amer Elec 5% pref.500 Fes Syracuse Transit * 44 4 111)4 104)4 100 100 • Traction.. Preferred Rochester Gas A Electric— 40 $4 94 103 14 $6 cum prior pref * Standard Pow A Lt com....... 1 Tacoma Ry A Pow Co 67)4 101 Preferred "* Suburban Rapid Transit St Ry_50 Superior Water Light A Power— 1 3 68 % 106 „ Class 5 8)4 30)4 108 — 2 ' Providence Gas Co * Public Elec Light 6% pref 100 Public Serv of Colo 7% pref..100 1 — 95 J* 60 Riverside 18 33 29)4 38)4 105)4 * 100 100 * .........— Penn-Ohlo —— — 43 * Class A 99 r 4 54 1st preferred.. Pacific Telep & Teleg Common — - 56 25 Ridge Ave Pass—See Phila R T Rio Grande Valley Gas v t c 1 10)4 r — Pecos Valle.\ 3)4 10)4 106 Service— Pacific Public Common 10)4 101 88 --- — 113)4 1-12)4 Rapid Transit St Ry Co—100 pref. .100 7% prel erred 100 Public Serv El A G $5 pref. * Puget Sound Pr A Lt $6 pref * $5 prior preferred * Quebec Power common. * Queens Borough G A E 6% pf 100 Rapid Transit Ry—See P 8 Corp Republic Nat Gas 2 Rhine-Westphalia Electric Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 27)4 35c OVq preierreu.-iuu Omnibus Corp common........6 100 100 100 Consolidated Trac of N J. .100 38 113)4 — ---- % 6)4 * 6% preferred $5 preferred — — 3)4 Public Serv of Okla 6% — - 11 .......* pref pref—* * Public Serv Co of N H $6 pref..* $5 preferred * Public Service Corp of N J * 8% preferred 100 7% preferred 100 —— ---- 91 $6 preferred..: 47 ---- 102)4 Public Serv of Ind $7 prior 107)4 * 100 pref-100 $7 preferred Ohio Power 6% pref Ohio Public Service 5% - 50 lo8* 35 S'western States Telep com. 1 Springfield City Water 6% pf 100 Springfield Gas A Elec pref * Springfield Gas Lt Co 25 Springfield (Mass) St Ry Cos— Preferred 100 Standard Gas A Elec com.. $7 cum prior pref * „ 1 6% preferred 5% preferred 12 ---- 39 100 Power Corp of Canada com First preferred 3)4 13 50 50 H 2)4 * preferred Pottsville Water Co 85 — 1 — 55 92 — 42 7% preferred 14 - -- 100 100 Potomac Elec Pow 6% pref 5 H% preferred 82 - 113)4 * Common.. Non-cum preferred- 113 - - T Water 5% stock Postal Telegraph System— 10)4 86)4 76)4 8 37 Potomac Edison Co 6% pref..100 3 Ohio Edison $6 pref Union $6 preferred - — 17 Portland Gas A Coke 7% pref 100 Portland Gas Light 50 $6 106)4 114)4 7% preferred——— 100 —84)4 6% preferred 100 75)4 111 (Minn) $5 series cum pref * Northwest Electric 7 % pref--.100 80 North West Util 7% pref--—100 12 7% prior lien 47 100 N'western Pub Serv 6% pref.100 83 Northwestern Telegraph (guai NY PA NJ Utilities $3 pref R - ---- 35 3 20 Portland RR —100 100 —100 7% preferred Northern Phila -- - — ' ._* 7% prior preferred 4 Northern Indiana Public Serv— 6% preferred Traction—See Plainfiel.) 50)4 . --- — PhilaCityPass Ry($22 )4 pd)-50 Phila A Darby Pass Ry -.50 Phil A Gray's Fy ($25 pd).—50 Philadelphia Traction 50 Ridge Ave Pass ($28 pd) 50 Portland Elec Pow 6% pref 50" ---- --- 45 - Phlla )4 75 22 - Philippine Long Dist Tel 100 Pittsburgh Suburban Water— $5.50 preferred ..100 84 ........ ---- 7 Participating preferred.. Southern Union Gas com......* A preferred .....25 Southwest Consolidated Corp 1 Southwest Gas (Okla) 7% pref 100 Southwest Nat Gas $6 pref.... 10 Common 10c Southwestern G A E 5% pref 100 Southwestern Light A Power— 13 11 Phila Transportation Co— Common 100 19)4 North American Light A Power — 1 $6 preferred % % 32 1)4 21 31 100 3 .... 50 2d A 3d Sts Ry guar 50 13th A 15th Sts Pass Ry 50 Union Pass ($30 5-6 pd) 50 Union Traction ($17)4 pd).50 West Phila Pass guar 50 Phila Suburban Wat 6% pf_—100 21)4 4)4 84 Class A option warrants—.— Olas* B option warrants —— 6% preferred series 5)4 % preferred 106 67 H 50 Preferred 120 5% preferred 100 Y Railways pref—--—-—* Y A Richmond Gas 6% pref 100 Y State El & Gas 5)4 % pfd-100 Y Water Serv 6% pref 100 58 Citizens Bid Par Southern New Eng Telep 31 4 7% Fairm't Pk A Haddington..50 Frandf'd A Southwark Pass .50 pref-—--* preferred N Y & Queens Common — 45 6 — .25 {Philadelphia Rapid Transit--50 Stocks Ask 30)4 ^hlla Elec Power 8% pref 108)4 27 of the month preceding the date of Issue Bid Stocks 25 105)4 STOCKS UTILITY possible for the closing day Ask 22)4 106)4 New Orleans Pub. Serv com as near as festmoreland Water pref-...--* 100 heeling Bridge— 100 113 heeling Elec 6% pref .100 102 Williamsport Water pref.———* 1 Winnipeg Elec class A —* r Class B 6% pret(1897 series) 102)4 18 100 Common 100 4)4% preferred 100 pref— Wisconsin Pow A Lt 6% pref. 100 7% preferred 100 Wisconsin Pub Ser Oorp 7% pflOO 6)4% preferred —100 Wise H vdro-Elec 6% pref Wise Michigan Pow 4)4% Wolverine Power Co.. Worcester Trans Assoc York (Pa) 100 17 r ...100 Preferred- 1.00 5 Wisconsin Electric Power— Railways pref Common York W »ter Co 115 10)4 •99)4 36 100)4 104 108 108)4 103 -—--5 * - 50 18 50 10 26" { Trading discontinued in these issues, and while saleable, the price would be based upon Phila. Trans. Corp. preferred stock reorganization plan, a Called for 1 ademption, see page 111. /Flat price, k Last sale, n Nominal, r Cana- as shown in the x Ex-dividend. Under the heading "Industrial and Miscellaneous Securities11 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 "and are Quotations for all securities Bonds Bid are as Bonds A&O 16 40 60 57 65 60 2.60% due Mar 1 1950 Blaw-KnoxCo 1st M 3 %s *50 F&A Investing companies Agar Packg & Prov 5s 1945. J&D 95 60 Akron limes-Press 1st 6s '45 A&O Alabama By-Prod 6s 1955—J&J 100 95 1947. --J&J Bloedel Donovan Lumber Mills Alabama Mills 6s (w-s) 1953-J&D / Without stock J&D 6s Boston Wharf M&S ii* 72 103 / deb 5%s 1949 M&N American International Corp— See Investing Companies Coiiv 102% 5%% notes 1956 J&D / Am Lime & Stone 5%s '51 M&S Am Mach & Metals 4s 1943--J&J American Nat Co (Ohio)— 37 / f deb 2%-5s 1950---J&J 103 38% 40 45" 25 6% 33 90% 2d mtge Inc 7s Jan 1 1943-M&S/ Anaconda Copper Mining Co— Sink lund deo 4%s Anglo-Chilean Cons 1950--A&O 95% 83 62 65 92 Nbrate— S f Inc deb 4%-5s 1967 J&J Trap 5s Aug 11946...... Anthony (E C)— 1st s f 6s (San Fran) 1942 J&D 1st s f 6s (Los Ang) 1942--J&D Antilla Sugar Estates— Income deb 6s 1951 (w-s)__J&J 29 % 90 29 % 98 98 If 14 16 A-N Y & B-N Y Realisation— M&S 5s. 1955 Arcade Mall Iron 7s 1943.-M&N 30 11 Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955-F&A 1st mtge 4s series O 1957..J&J Arnold Print Works— 1st 5s Feb 1 1952 101% 101% A&O 70 Arundel Bond Corp 3-5s Dec 1 '63 85 Arundel D"?b Corp 4-6s Dec 1 '53. 50 Associated Mtge Co 3-6s Dec 1 '53 Atlanta Laundries— 49 102 71 55 70 72 92 95 F&A M&N 40 102" 100 99 J&D 63 — .J&J Canadian Bakeries 6%s '45.M&S Canadian Onnners Lta 4s'51M&N Canadian International Paper— guar 5s IU55 ..MVS M&8 ,116* Baragua Sugar Cum Inc deb Barber & Estates— 6s 1947—--J&J J&D Ross 4s 1945 Bates Valve Bag 6s 1942 Battle Creek Sanitarium— 1st s f F&A J&J 4%s A 1954 Baush Mach Tool ext 5s '41.M&S Bayway Terminal 2nd inc 6s '57-Beaver Mills 1st 5s 1950—..J&J Bedford Pulp & Paper 6%s 1942- J&D Beech Creek C & C 5s 1944 42 91 98 117 45 1st mtge 6a 1941.. M&S a mtge 5s 1941 M&S Central Iron & Coal 6s 1938.F&A / Central Ry Term & Cold Storage % Gen 30 40 34 50 19 22 6%s 1952 99 95% 98 84 88 Purch money 6s 1998 Q-Feb Steel Corp— 4M|8to 1941 .....J&J 15-yr s f conv 3 % • debs '52 A&O Cons mtge 3 %s ser F 1959-J&J Cons mtge 3s ser G I960--F&A Cons mtge 3 %s ser H '65 F&A 83% 151 Guar erold 1.50% due Mar 1 1644 1.75% due Mar 1 1945 4* Cheney Bros 5s 101 107 % 108 105% 101 % 105 % 102 104% 104 % ex-w 1937..M&N / .M&N / Prod 5s Called for redemption, see page 111. « Mi f (ltth s 3 '<$R jq.il J 70 Textile 1st h« |Q41 Cum conv 70% 40 59% 106% 41 99 r M a* 6K 5% 5% 10 6% 11% Tnu— 60 6s 1948 J&J Oont'l Invest Bond Oorp 3-5s '53. Oont 1 Invest Deb Oorp 4-6s '53-Contlnental Oil— Conv deb 2%s 1948 J&D Continental Roll & Steel Fdy— s f 6s 1940 64! 60) 14 17 85 J&D - 59% 64 Cement Mfg 6s '41.. A&O Cosden Petroleum conv 5s *47 J&J Cosgrove Meehan Coal 6%s 1945 Sr|"J® Co 3 %s Credit 106% 106% 97% 98% 58" 4% f deb 1951 J&D s _ 103 103*1 100 105 Foncier Franco-Oanad— „ 5% M&S r Investing Cos 5%s 1946—M&N 60 Crown Cork & Seal Co Inc— 15-yr 4s s f Nov 1 19.50—M&N 10-vr s f deb 4 J&J %s*1948'." _ f deb 4s 1950 s 5s 96% 92% M&S 1940 103% 1042 47 Cumberland Ry & Goal— A&O Curtis Pub deb 3s 1955 105 104% Cudahy Packing 3%s A '55"_M&S Conv 63 104% 103% Crucible Steel 4 %s A 1948-F&A Cuban Tobacco 5s 1944 J&D 85 mmmm 106% v I» / m&N / Credit Service—See 24 91 97 1st non-cum inc 6s 1947—-J&J Consolidation Goal Co- 105"" Crowley Milner 27 . 75 J&g / Inn 5s 1953 .... 99% 99% 89% Consol Paper Corp 5%s 1961. J&J Consol Press 6%s 1949 J&D Certificates of deposit 100 36 55 97 93% 100 A&O 165% 99% Dairyland League— Certifs 6s May 1 1944.. Oertifs 5s May 1 1945.. Certifs 5s May 1 1946 I Certifs 5s May 1 1947.. Certifs 5s May 1 1948— Certifs 5s May 1 1949. Certifs 5s May 1 1950.. . Davidson Biscuit 5 %s A '45 A&O 65 . _ F&A/ 66 67 67 ,85% 87 52 24 54 26 4 6 102 Davidson-Boutell 5s 1946...J&D 80% Bardeleben Cod Corp— 1st cum Inc 5s 1957.-Ann April / Deep Rock Oil 7s 1937 stmp M&S / Deerfield Glassine 1st 5s Mar *50- / Defiance Paper 6s 1939 J&D Delaware Floor Products— 2nd income 6s Mar 1946 Detroit City Ice & Fuel— 4s w w 82% F&A Detroit Garages 5%s Mar 1948./ Deutsche Series s f 6s Oct 15*60 B__ A&015 / / 60— 98 98% 78% 52 D£m ,°?Sllst 4 ser A *52.A&O Serial 3 %s 1910-1913 A&O Dominion Steel & Coal 6 %s 1955Dommion Tar & Chemical Co — Deb 4%s ser A 1951 M&N Dom Woolens & Wore 6s '53-J&J Donnacona Pap 4-4 %s '56—F&A 24 notes 1947 J&J Dow Chem Oo deb 3s 1951—J&D 85 80% 8 104% 103% 4%s conv debs 1949 M&S Earl Fruit lstsf 5%s 1947—M&N 15 104% 30 Ltd 6s 1952.J&J Oorp 5s 1953 J&D Eljer Company 5s 1951 Elk Horn Coal Oorp— 30% 30% Empire Sheer & Ttn »Mate— lst conv s f 6s 1943 ...A&O 55% 59 Emporium Capweli Oorp— Ooll 40 45"" 12" 97 100 70 72 67 70 56 59 s f 4s 1950 44 50 60 58 106 102 83 51 .... 85% - MMMS* 86 40% 45 100 69 107% 75 63 4% notes 1942 108 84 r J&D 1952 55 104% 40 Empire Properties Oorp 2-3s 1945 lst 4s 59 % 95% 30 Eastern Cuba Sug 7%s '37. M&S / 40 Eastern Dairies 6s 1949 M&N 43 Eastern Mfg 7s ser A 1938 _J&D / 105 Eastern Racing Assn 5s 1945 97 Eaton Paper 1st 5%s 1943.M&N 66 Elec Auto-Lite deb 4s 1952.F&A 107 95 116 17 10 58 2 % -5s 1949 M&N / Durham Duplex Raxor 6a 1955— Durez Plastics & Chem— Eastern Gar Co 88% 94" }5% 102% Deb 5s series A 1955 ..Jan Du Mont (Allen B) Laboratories— Eastern 45 0 55 Dufferln Paving & Stone— 108 t 53 Dryden Paper 6s 1949——.F&A 8 83 65% r 10-yr 5%% 87 42 83% 43 1949 Dickinson (Alb't) 6%s 1935.J&D f Distribution Term Warehouse— 5s 1956 a&O 76% 40 Rentenbank— Cum inc 5s (ex-stk> Nov I 3 10 44 25 41 Detroit Har Term 1st 6s '50. M&S f 20 Detroit Times 6s 1940 to '43 M&8 5 100 Dickey (W 8) Clay Mfg 20 / 1948 Farm Ln 95 102 Childs Co deb 5s 1943 A&O Chilean Nitrate & Iodine Sales Corp Inc 5s 1968 J&D O'ties Service Asphalt 5s 52.A&N t Basls| Nuisol 77 59 92 77 Chicago 1st cum inc 5s (w-s) '48—F&A Chicago Stk Yards 5s 1961-A&O City Ice (Kansas) 6s 1940—-A&O / City Savings Bank of a "1 % 38" Ooplay 71 90 Bnr|an«wt 7w lq'i.g 55 36% 68 A&O 1949 Produce District 101% 101% ' 1st M conv 75 15 Ohe«ap ke-OaiupOorp4%s'47J&J 104 Chicago Dally News— 3%s s f debs 1950 A&O 104 Chic Grain Corp 3-5s 1952-.A&0 / 28 Chic Molded 100 100% 100% 100 % 100% J& T 1942 5s with stock 1937 Serial debentures— 1.25% due Mar 1 1943..... 65 _ 150 Bethlehem 0.50% due Mar 1 1941 1.00% duo Mar 1 1942--... A&O / 64 65 Central Steel 1st 8s 1941 ,.M%N 107 Certain-teed Prod 5 %s 1948 M&S 80 Oespedes Sugar 7 %s 1939 ...M&S / 6 Champion Pap Corp 6s '45..F&A 95 Champion Paper & Fibre Co— 4 %s s f deb *50('35 Issue)_M&S 103% 4 %• s f deb 50('38 Issue) .M&S 102 % Ohateaugay Ore & Iron— 27 Beudlx Home Appliances— 5% conv debs 1944 —..M&N Betoieheai Hdy & \ia 5s'44-A&0 Betaleheni Steel Co— Carthage Marble Corp— 1st s f 6%s A 1942 M&S / 1st n-c income 5s Apr 1951 f Oassco Corp Inc 6s 1949 M&S Celanese Corp of America— F&A Celotex Corp— Debenture 4 %s w w 1947.F&A Central Coal & Coke— Non-cum Inc 4s B 1941...A&O / Central Foundry Oo— Locomotive Works— 102% Ask 83 45 97 Sink fund 5s July 1 I960—J&J Consumers Oo (111) 5s 1956—J&J Consumers Rock & Gravel 45 Bid De 3s debentures 1955 Bait Steam Packet 5s 1942—F&A 103% / Cum inc 6s 1950— F&A Cum inc 0% notes 1Q50—F&4 Consol Indus (111) 5s 1958..M&S .S^soUdated WarehQus^s 94 J&D 40 Mtge 6a 1950 S& 68 3%s 1942-19454%s 1952 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 1st 5%s ser O 1946 J&D Consolidated Cement Corp— Consul 73 30 Baldwin 37 70 102 ioox .3.5*2 99 100 1 40"" 37% %sserA*51 M&N Can Pow & Pap Inv 5s 1958-F&A Without warrants 50% Can Cementlst 4 25-yr — 53 35 14 35 % Canada Paper Co 3s 1941— J&D 1st M 6s H49 J&J Can Locomotive 6s July 1953 Canadian National Steamship— 60 36 102 51 Calif Group Corp 5 %• 1956 M&N ljOl Camaguey Sugar— 7s Certificates of deposit. 1942 / 10 Campbell River Timb 6s 41 -J&J 124 Campbell Transportation Co— Equip trust 4%s to 1946--M&S 100 Equip trust 4s to 1951 J&J 97 Canada Bread 6s 1941 F&A 65 M&S 1939J&J 1947—M&N Avery (B F) & Sons 5s w w'47J&D 51 1st lien 3 5s 1955 -—J&D 22% Calif Cooperative Creamery— 1 1st s f 8s 1948 A&O a 102% Deb sf6%s guar 1943 A&O a 102 Calif Cotton Mills 1st 6s *40.J&J| 75 Calif Dairies deb 6%s 1942.M&N o 101 Atlas Pipeline Corp 6s 1945-M&N Gen conv 6s 1950 M&N Conv deb 4%s 60 66 Cum inc 7s 1941 ...F&A Carlisle Lumber 6s 1945 Carrier Corp conv 4%s 1948 A&O Autocar Co 7s ext 61 58 31"" Canadian Vickers 6s Aug 1 1947Carribean Sugar— Auburn Automobile 102 59 29% 106 % 60 6% conv notes 1945 100% 63 Canada SS Lines— 1st & gen 5s 1957 £T Coll tr g 5s Jan 1 1959 J&J Atlantic Ice & Coal 6s 1951.J&D Atlantic Refg3s debs 1953..M&S Atl Bug Ref 1st s f 4s 1951—M&N Atlas Imperial Diesel Engine— 10 Newspa 5s '45-A&0 102% Bryant Paper 6s A 1942. M&N 98 1st 6s series B 1948 J&J 95 Buck Hill Falls Co 6s 1959-M&N 100 Budd (E G) Mfg 6s ext 1941.F&A 96 Buffalo Gen Laundr 6 %s '41. J&D 35 Bullock's Inc (Los Angeles)— 100 4% notes ser E to 1941—M&N 4% notes ser F 1946 M&N 102 Burmeister & Wain (Copenhagen) 15-yr s f extl 6s 1940 J&J / 15 Burns Bros deb 5s A 1961--M&S 34 Burns & Co Ltd 1st s f 5s 1958 J&J 33% Income 5s 1958 Ann, Apr Bush Term 1st 4s 1952-----A&O Cons g 5s Jan 1955 J&J 37 Bldg 1st 5s stamped 1960 A&O 53% Byers Machine 3-6s_ 1946 25 Byrndum Corp ext to Jan 15 1942 95 Calaveras Timber 1st 6s '38-M&N f 24 California Consumers Corp— 101% 1st lien 4s 1952 J&J Ati Gulf & W indies SS Lines- Atlantic Ice Mfg 6s 1945 7 w* 103 % Animal 49 Brush-Moore American Type Founders Inc— s 98% 102% 45 5s 1945.M&N Gen mtge 6s w s 1954 J&J! 65 Colo Fuel & Iron s f 5s 1943.F&A 103% Income 5s 1970 ....An Apr / 75 Columbia River Packers Assn— Income deb 2s Oct 1950 103""I Brandram-Henderson 6« '56.J&D 5%s 1950 ser B M&S Brown Pap Co ext 4 %s '41 -A&O Bruck Silk M Ltd 6%s M5.M&N 112% 118% Am Wire Fabrics 1st 7s '42.-M&S American Writing Paper Co— Conv 6s 1961 Ann Apr f Ames-Holden Tire & Rubber— .97% Brit Col Packers 5s 1953-—J&D British Columbia Pulp & Paper— 1st 6s 1950 M&N 1st 93 Extended 6a stpd 1943 J&J / Am Silica-Sand 6s 1951——M&S J&J Brown Coal Indus 6 %s '53—A&O Brown Co 1st 5%s 1946 A&O 14% Amer La France & Foamite— Conf A&O 1941 Gen s f 7s 1950-M&N Bklyn Serv Station 5 %s *46-J&D 97% 109 1 u Ciiem Corp— Am Tobacco deb 4s 1951 F&A Debenture 6s 1944—-—A&O 4s Bowser (8 F) 7s 1944 66" AmSrmiines deb 4 %s 1941-J&J 455 Amer Dept St's (Pa; 4s '48--J&D } 45 Amer Dept St's (Del) 6s '47.J&D f 60 Amer Fruit Growers 5s 1950-F&A 65 American 1st list 5s 1968 Alpine Montan Steel Corp— f 7s 1955 101 101%| Bowater's Newfoundland Pulp & 45 108% s 100% 4s April 1953 (units) 23 6s assented w w 1948 *45 6s 1955-. / 30 Alberta Pacific Grain 6s 1946 J&J 64 Algoma Steel Corp Ltd— Conv 58 ser A 1948 —M&N 70 Allied St 's Corp deb 4%s '50-A&O 100% Debenture 4%s 1951 F&A 96 Allis-Chalmers s f deb 4s '52.M&S 1st F&A 1941-1912 Paper Mills 1st 4%s '68—J&J A&O A&O 100% 102 Bloomlngton Limestone Corp— Albany Perf Wrapping Corp— 1st M coll tr 6s 1948 100% conv Climax Engineering 5s 1946.A&0 Colon a] Colliery 6s 1954—M&S/ Colonial S S Co, Ltd— I Corp (Seattle)— 6%s —J&J Bonds 101 due Mar 1 1947 2.30% due Mar 1 1948 2.45% due Mar 1 1949.... 42% 38 Ask Heve Tractor 2.15 A.JLU70 Blethen Aeolian Co 6s 1944 Bid Bethlehem Steel Corp— due Mar 1 1946 2.00 Abitibi Power & Paper— 1st M 5s 1953 ser A J&D I Certificates of deposit f Acadia Sugar Ref 4%s 1955. A&O See near as Ask INDUSTRIAL AND MISCELLANEOUS BONDS General 6s 1954.. Adams Express— where marked "V* and Income and defaulted bonds possible for the closing day of the month preceding the date of issue interest" except • 58 J&J 104% J&J 100 55 62 4 /This price includes accruedjnterest. k Last sale. » Nominal. r Canadian funds NOTICE—All bond price, MISCELLANEOUS BONDS & INDUSTRIAL 82 tSl dai'of feie marked"/'''and' "and interest" except where are " 1 Bonds Ask Bid Bonds Ask Bid Bonds Ask Bid Lautaro Nitrate Co— Ernesto Breda 7s Haytian Corp of America— 60 40 1954-.- —F&A f European Mtge & Invest Co-— 1st lieu 7 %s 196b ser B F&A Conv 4*4 3*4 f 7%a income 1966 $ 1st lien 7s 1967 ser O M&S f 7. income 1967 -------- f Everiastik lnc 1st 7s 1937.M&N 18 4*4 3*4 75 Fairbanks Morse & Co— 20-year 4s s f deb 1956.—J&D 99 Falstaff Brew deb 5s 1947--J&D Fan ous Players Canadian— r 99 1st & coll 3*4s 1941-1942. J&D 67 1st & coll 4**s 1951------J&D 4 Farmers Nat Mtge Inst 7s 63 A&O f 64 Federal Grain Ltd 6s 1949--F&A 80 Fed Home Mtge 6s to 1941--F&A f 55 Fed Portl Cement 5s 1947—M&S f 47 Federal Screw W ks conv 6 >48 49 1st s f 5s 1949 M&S 1 66 92 Filtrol Co of Calif 6s 1946— J&D Finance Co of Amer at Baltimore 103 4% notes 1947 —-M&S Finland liesideutial Mtge Bank— 34*4 S f 6s stamped 1961 M&S 104*4 Firestone T & Rub 3 tfs '48-A&O 107*4 .... 69 66 - - m'— — - - • - 68 .... 1957 J&J lnc— 6%% notes 1946.A&O Follansbee Bros 5s 1947--- - J&D Fontenelle Brew 5s ww 1947-J&J Francisco Sugar 6s 1956——M&N Franklin Co Coal Co 7s w s'49J&J Franklin Deb Corp 4-6s'53_J&D Eraser Co 6s Jan 1 1950 J&J French Nat Mail SS Lines 6s '62 Frick (H O) Coke 5s to 1944-J&J Gair (Kobt) income note*- 6s 197k Galveston Wharf Co— Ref 5>4s series A 1951J&D Ref 5*4« series B 1954——J&J - f f 39*4 96 94 96 102"" Hines Land & Timber 6s '48..J&J 105 Hoberg Paper Mills 5s 1946 -J&J Hoe (R) & Co 5-7s 1944 w s-.A&G 4>4-6*4s 1st mtge 1944— -A&O Holland-Amer Line 6s '47--M&N 103 33% 26*4 80 85" 56 81*4 x A&O Houston Oil ' 'o of 4*4s s A&O f 94 II 105 25 X 25% -—-A&O 1st 3s 1958-. A&O Granite City Pig Iron— Cum inc 5s 1943 .——M&S Graton & Knight 4*4s 51—J&D Great Lakes Paper Co Ltd— 75 75 75*4 60 62 inland Conv deb s f 4s Deb s 1947 £ Certificates of deposit 2 1*4 9 f "2" 9 Marine— 1st M coll trust 6s 1941.-A^ Internal Mercantile 69 94 97" 75 78 99 101 76 79 international s 103 I 5s 1947 ser A__ 102 % Iron City-Ohio River OorpIron City ser 6s Dec 1 '48 Ohio Riv ser 6s Dec 1 48 Jacobs 41 104 60 63 58*4 63*4 ' to 103 '/ 15 / / >/ 20 8 12 notes (F L) 5%% dividend J 1942 57% 104 % > 52 r 96 58 40 60 62 1st 5s series A w w 1952.. Karstadt 99 99*4 i 40 48 i 96 98 ■f -f f 11 11 11 25 (Rudolph) lnc— 64 61 63 64 66 97 *4 98*4 * ; Hammond Standish & 102 103" 100 99*4 99 100 > 42 45 r 104 18 Kentucky Rock Asphalt— _ 10-yr 6s 1939 W w A&O Harborside Warehouses— Non-cuin inc 6s Jan 1973-. / Harpen Mining Corp— 6s with warr for Am shs—J&J / 3X-6P£s 1945 60 Keyes Fibre Company— 44 i 16 Harris-Seybold-Potter— 1951—--A&O ------ Hatfield-Campbell Creek Coal— 1st 6Ks 1948 M&S Haw ley Pulp & Paper Co— 1st 6s s f 1946 Haytian Corp inc 8s Oct 1938 - Keokee Cons Coke 6s 1959 96 98 21 24 98 108 Knudsen 102*4 Koehrtng Co (Milw) 5s 1 J 91*4 15 104*4 105" 3 102*4 103 3/ -f 29 27 95 I1 Cream'y 5>4s '50. 194 Koholyt Corp 6%b 1943--. Hoppers Co 4s 1951 Kreege Foundation— 10-yr 3s coll trust 1950— Kreuger & Toil— 96 >/ 3 20 J 80 ■ 98" 92*4 5 Lake Erie Bolt & Nut— 5-6s April 1 1946 Lake St John Power J& 99 104h 103 11 125 83 Mackintosh-Hemphill 5s'51-J&D 100 A&O 123*4 125*4 84 5 '51. A&O 98 1st 7 %b *42..A&O Certificates of deposit....... 36 1st s f 4s Feb 1 1957 M&N 29 30*4 Manhattan Kefrigd*4s 1941.J&J Mansfeld Min & Smelting— 89 91 36 20% ..J&D '52M&S Paper— M&N 59 Marion St'm Shovel 6s '47--A&0 82 Stamped Massey-Harris 1st 4*4s 1954.M&S 80 Matthiessen & 61 20 90 88 61* 59 Hegeler Zinc— 80 1st & coll 4*4s A 1949 A&O 68 70 stamped 1948—1..F&A McCormicks, Ltd, 4s 1952--.J&J McCrory Stores Corp— 3*4ssf debs 1955 A&O 60 66 McCoid Rad & Mfg— 6s 104*1 McKesson & Bobbins inc— 1950-M&N / 1st mtge 4*4s 1955 M&S Medusa Portland Cement— 59 61 r 36 38 51 94% 105 -A&O 102*4 99 % 94 conv 4-5 %b to 1945 94*4 105*4 Appeal 4 Ha 1952 —M&S Mengel Co conv 4Kb 1947--M&S 1st 104*4 Memphis Commercial— 100 95 Merchants Dispatch— Eq tr 5s 1941-1942 Eq tr 4*4s 1941-1945 Eq tr 2*4s 1940-1946 J&D J&D A&O 1.70 2.00 1.25% 1.50% 2.10 1.75% Merchants Distilling Corp— deb 1947 M&S Merchants Ice & Cold Storage— 1st 6*4s 1943-49 A&O 5% conv 45 55 75 86 Mercury Mills Ltd 5*4s '53-M&N Mersey Paper Ltd 5s 1957--J&D Gen s f 6s ser A 1949 M&S Messenger Corp deb 4%a '51 J&J 51% Metropolitan Ice 7s 1954 J&J Miag Mill Mach'y 7s 1956--J&D / 55 Middle States Petrol 6*4s 1945.. Miller & Hart Inc. deb 6s *43. J&J 96 75 75 88 16 102% Milton Mfg Co 6s 1952 M&N Minnesota & Ontario Paper Co— 52*4 A&O A&O 1st 6s series A 1935 J&J 1st 6s series C 1950 M&N 5-yr 6% notes 1931. .M&S Minnesota Tribune & Manlstiq 36 37 36 % 37*4 37% 37% 10*4 85% 35% 9 Pulp & Paper 5J4s 1941 __M&S a 100 Missionary Sisters (Waukegan, 111) 1st ref 3K-4s 1951-..A&0 99% Mohawk Rubber ext 5s 1948 A&O 93 Molrs Ltd 1st s f 6s 1953 J&J 45 Molybdenum Corp of Amer— 98 6% notes 1942 J&D Monon Coal—See Chic Ind & L Ry. Monong Riv Cons Coal & Coke— A&O *47.-F&A 127 Montreal Cotton deb 5s '43-M&N 103 1st 6s 1949 Monroe Coal Mining 6s - Montreal Dry Docks 6s '48-F&A / Morris Plan Corp— See Investing Companies Mtge Bond Co (Md) 3-5s Dec 1'53 Mortbon Corp— Coll A 2*4-5s ser 1 1941 .J&D Coll B 2J4~5s ser 2 1946 ..J&D Call C 2>*-5s ser 3 1951 —J&D Coll D 2>4-5s ser 4 1956 ..J&D Mosinee Pap Mills 1st 5s '51 - A&O Motor Transit inc 6*4s 1952.J&J Munising Pap 6s A &B 1943.A&O Deb 98 63 a - 99*4 96m .... 35 99 100? 70 60 60 76 78 66 97 % 99 Steamship Line— J&J 6*4s Jan. 1 1937 wwA&O Secured 6s 1937 J 62 61 20-yr conv deb 5*4s Mead (The) Corp— Munson & Paper— J 127*4 21 1st 6s series B 1948 Kansas Pipe Line & Gas— 22 95% 104% 101% Lukens Steel 5s extend 1955 M&N 1st 6s series A 1945 Jones & Laughlin Steel- 37 % 104 % 128*4 123 % Miller & Lux Inc 1st M 6s '45A&0 61 "I" 5354 1—« 1 0 0 toto 103 50 70 65 100% 61 57% Paper— J 1st & rer s r 5s ser B 1947-. J Ref mtge 6s 1955 ser A...M Internat Pow & Pap of Nfld— 1st M 5s 1968 ——J 1st 4*4s 1968 J 1st & rei 23 J&D Conv s f deb 5s 88*4 88*4 M&N / / f 5s 1947 104 l-5s 1954 Hart Coal inc 6s 1945 97 Inter national Match Corp— 48-J&D Lines— 106*4 66 Griess-Pfleger Tan g 5 Hs Co— 1947-- - A&O 105*4 Interlake Iron Corp— 40 5s w w 1951--M&S 78 96*4 83 79 58" 80 Inspiration Consolidated Copper 90 70 Mc<. oil Fronte.rac Uil— T 55 105*4 a Extended 3-6s 1945—r-r.M&S 84 Car Lines 5s 1944. 73 % 66 F&A 48 Inland Steel Co. 64 Hamilton By-Prod Coke Ovens— 1st s f 5s ser A 1955 M&N Gen sinking fund 6s 1956—A&O Hamilton Cotton 4*4f 1950 "3" 75 105*4 HX 30 50 7%s 1936. 105" Indianapolis Motor Speedway—- 85 27% 27% 60 % 50% Maple Leaf Milling— 2 r 30 30 128 5 >*8 to 1949 Marine Elev (Buff) ext 5s Marinette & Menominee 42 65 35 M&N 70 73 1955.-.--------A&O Gypsum Lime & Alabast— 5%a 1948M&S Hale & Kilburn 6s '39 stmp—J&D f 68 100 31 28 28 F&A 7s without warrants 1941. M&N / 112 ^ Grigsby-Grunow conv 6s '36 M&S Groc St's Prod conv 6s 1945. J&D Gulf States Steel 4*4s 1961-A&O 71 "/'■ 16 Indian Refining 5s Dec 1 30" / / 68 79 40 28% 28% Manati sugar 78 34 *4 51 Lincoln-Boyle Ice 6s 1947 A&O Lindsay Nunn Pub 6s 1944.-M&S Lion Oil Ret deb 4*4s 1952..A&O Liquid Carbonic conv 4s '47-J&D Loew's Inc deb s f 3*s»s 1946-F&A Logan County Coal 7s 1942.M&N 1st ext'd l-4s 1956 M&N Louilard iP) Co g /s 1944.-A&O 5s. 1951 F&A Mahon (R C) Co deb 5s 4 19 1949 series B 55 50*4 Leipzig Trade Fair Vs 1953.M&N f 12 Libby McNeil & Libby— 1st mtge s f 4s 1955 102 % J&J 82 Liberty Baking 6*4s 1944 M&S 123 % Liggett & Myers g 7s 1944.-A&O Mahlstedt Mat'ls 5s 1955 7 105*4 Cold Storage Steamship 1 5 --J" Progresso Italo-Amer Pub— 6s Wares— 1st extend s f 3-6s 10 % Sinking fund 7%s 1963—A&O f Hydr Press Brick 6s 1944—A&O / Hy grade Food Products Corp— 1st & ref 6s Jan 1949 A—A&O 98 Hosiery— 8 f deb 5s w w 1946- —---M&S Graham Paige Co 1st 6s 43-F&A / Granby Consol Min & Sm 5s 1942 Grand Rapids Motor Coach— Cum inc 7s 1962 w s M&S / Grand Rapids Operating Corp— 6s extended 1942 J&J Grand Rapids Stores Equipt Co deb 5s 1949 F&A Grand Trunk Warehouse & Hamilton Mfg 40 5 ^ Companies. Gurney Foundry Ltd— 1st 4-5*4s (w s) 1949 30 _ Hungarian-Italian Bank Ltd— Gotham Silk Cum income 100 30 Hudson River Navigation— 1st 6*4s 1951 M&N f 32*4 96*4 51 49 >8 1943 Gold bonds 5s 1951 _ _ J&J 2d mtge inc 6s Feb 1956 50 80 6s 1950.M&N 101 Gerlack-Barklow Co 6s 1950-F&A 25 German Atlantic Cable 7s 1945.. 13 German Bldg & L'd Bk 5%s 1948 72 % Glen Alden Coal M s f 4s 65 M&S Globe Industrial Loan— See Investing Companies. 94 Globe Wernicke 6s Oct 1 44-J&J Gobel (Adolf) lnc— 70 Conv deb 4*^s ser A 1941-M&S Good Hope St & lr Wks (Germ'y) 16 , 5 f g 7s Oct 15 1945—A&O 15 / 103*4 Goodrich (B F) 4J4s 1956---J&D 1st s f 6s 29 99*4 29*4 Finance— Steel 26 _ M&N 4 >4s ser A 1952 Georgia Mar hie is' 75 14 M&N 63" 65" 99*4 70 Texas— f debs 1954 28 95% Leonard Tietz—Set Ttotz _ 59 55 1st mtge income 1975 J&D f Lehigh C & Nav fund 4s *48 J&J Conss f g 4%a 1954 J&J Cons s f 4*4s 1954 ser O-.J&J Lehigh Valley Coal— 1st 5s stamped 1944 1st & ref 5s 1954 F&A Stamped 1954 1st & ref 5s 1964 F&A Stamped 1964 1st & ref 5s 1974 F&A Stamped 191 4 Sec 6% notes e>t ro 1943.-J&J Stamped 100 *-4 101*4 98*4 A&O Home Service (Portland. Ore)— 83*4 550 A&O A&O 35 40% 50 53.00% / 61 Gen Rayon deb 6s 1948 w w_ J&D Gen Stl Cast 1st 5%b '49 w W-J&J Hansa 90 Hungarian Central Mutual Credit Mfg 7s 1937 J&J f Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J f 39 52 1947 ser A_J&J Deb sf hs 1948 Holly Sugar Corp— 1st 3 *4s 1941 1st 3*4 s 1942 Hudson River Day Line— S f 1st mtge 6s 1946 15 31*4 25 *4 21% 94 Hudson Coal 1st 5s 1962 A-.J&D 70 General Eleotric (GCTm^^)— Sinking fund deb 7sl945-_J&J Deb bPas 1940 -J^D General 40h 1947.M&N 104 j4 General Cable Corp— See Investing 38% 18*4 Healey Petroleum deb 5s 1948 J&J Helvetia Coal Min 1st 5s '58-A&0 Heywood-Wakefield 5s 1946 J&D Hightstown Rug 6*4s w w 1944. Hill Mfg Co ext 6s 1945 M&N 1st coll 3-5s 1950 9 1st secured 7s General f f Housing & Realty Improv— (Berlin) 1st 7s 1946 M&N f Works— Conv g 1st mtge s f 5>4s - - 1st 4s 1947 Home Serv Corp 6s 1957 Flour Mills of America ■i f 4s 1954 . 106 First Bohemian Glass s Inc deb 5s 1989 Hearst Publica 6 >4s to 18 f Certificates of 38% 2 2 deposit Namm (&A I) & Sons 6s 1947F&A Nassau (Ger) Landbank 6Hs 1938 Nat'l Acme 4Hs ext to '46—J&D 101 25 102*4 National Bondholders Central Funding— An series National Central Savings Bank 4 85 % a Called for redemption, Quoted In guilders. see page 111, 6 Basis. / This price includes accrued interest, k Last sale. n Nominal. r Canadian price. INDUSTRIAL Sept., 1940] MISCELLANEOUS & 83 BONDS NOTICE—All bond prices are "and Quotations for all securities are Bonds Bid Nat Container deb 5 Mb *52-A&O Nat Dairy Prod3 Ms w w'51 M&N Natl Debenture Corp 4-6s 1953— National 98 m 106m 99m 106m 49 104 104 m 91 86 Cum conv inc 5s 1952.—M&N / 15m Natl Grocers Ltd 4s 1947—A&O r 100 National Hungarian Ind Mtge Inst 7s 1948 M&N / Nat Ice & Cold Storage (Calif)— 1st s f ext 3 Ms-6s 1952 J&D National Industrial Loan— See 17 4 51 55 Eq tr 5s 1940 National Steel Corp— A&O b F&A 103 1st 1.00% gold 5s A&O A&O 1% 1941 1942 1943 _A&0 .A&O 1944. .A&O 1945. 1946. 1947. .A&O .A&O .A&O .A&O 105 105m Poor & Co Porto s f deb 4s 1946—A&O 6s 101M 101X Port 104 104 m 23 32 3-5s series B 1954 J&J Nekoosa-Edwards Pap 6s'43_J&J New Eng Laundries 5s 1956.J&J Niquero Bug 3Mb'40-'42-J&J N Y Dock Co >st g 4s 1951. F&A Oonv 5% notes 1947— A&O 94 97 91m 90m 49 52 M 47 49 Potomac Md Deb Corp 4-6s 1953 82 47 m 81 84 —M&S M&S 64 66 56 m 58 48 55 h 54 47m 2d conv deb 4s 1957 1st 3 Ms 1941-1943 M&S r Produce Term & Cold Storage— 1st Income 6s 1958——J&D 87 88 Purity Bakeries 5s 1948—..J&J Quaker City Cold Storage— 80 90 82 H 86 85 Queen Dyeing 1st 5s 1944—J&J / Quincy Market Cold Storage & Warehouse 1st 5Ms 1946.M&N a 101 Radio- Keltb-Orpheura CorpMIdwe8t Corpref 6s 1940.M&N 94 Railway Express Agency Inc— 7s 101 Corp— 1st* f5s 1953 J&J 7 Nivelle Corp 4s 1952 M&N Nordberg Mfg Co 1st 6s 1943M&3 102 91 8M 44 Equip trust 4M« Aug 1 *40-'46Equip trust 4 Ms Nov 25 *40-'43 Equipt tr 4Kb 1941-47-J&D15 4.00 Equip trust 5 Ms Sept 1 '40-'44. 4.10 4.25 4.25 103M 3.50% 3.00% 3.50% 3.25% Nortn 92 h 30 h 89 M 27 m 50 60 Debenture 6s 1943 M&N 2.75 3.00 2.25% 3.00% 2.50% 97 M 97 99 94 96 99 Northern Redwood Lumber 6s 1937 J&D / N'west Pub's Deb 4M» 1948.J&J Northwestern Barb HM 99 Nova Scotia Steel & Coai— 1st conv s f 3Ms 1963 J&J OceanSSCo(Savannah) 5s '43J&J 90 92 90 92 54 56 Inc deb 7 Ms (w a) Aug 1 1953. Oregon-Am Lumber 6s 1942-A&O Oregon Pulp & P 6s to '45--M&N Oreg Terminals inc 5s 1945-.A&0 Osgood Co deb g 6s 1943 J&D Oswego Falls Corp— 4 Ms without warrantsl952 M&S Otis Steel s f 4 Ho A 1962—J&J Pac Coast Cement 6s A1942.J&D Pacific Coast Co 5s 1946 J&D Pacific Western Oil 3M 1949.F&A Pan-Amer Industrial 7s '37-M&S Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940 J&D15 Certificates of deposit Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952 M&S Paramount Pictures 3 Ms '47.M&S A&O Paton Mfg Ltd 1st 4 Ha '56.M&S Pea body Coal Co 35 101 69 69 76 57 78 70 96 m 97 1 38 38 104 88 m 104 m 89 40m 53 63 66 96 m 93 Penn Dairies 1st 95 f 6s 1949—J&J — Penna Cent Brewing 6s 1937 A&O 71m 45 3 1 •11 11 11 11 1« i bi1 1 i i 1 50 Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.M&S15 Pennsylvania Glass Sand Corp— lsts f 4Ms 1960 J&D a 105 1st sf3Hs 1960 J&D 103M Petti bone MuJ liken— 6s ww 1943 M&S f 19 Phelps Dodge 3 Ha 1952 J&D 108 M 59 60 99 98 99 M 99 % Saratoga Victory Mills— 6 Ms with warrants 1943—J&J Saxon Pub Wks (Germany)— F& A M&N __J&J Sayre & Fisher Brick 6s 1947. J&J Schoenstadt (H) & Son 6s 1950 Schulco Co 6mb 1946 J&J Stamped (July 1933 coup on) Guar s f 6 Ms 1946 ser B—A&O Stamped Schnlxe Baking 1st 6s 1945--M&S Scovill Mfg Co 5Ms 1945—J&J 3M debentures 1950 J&J — 109m 99 m 99 m 99 % 100 106 M 66 102 M 100 101m 104 105 103 40 3 109m 42 1st mtge sf 4Mb 1955 Southern Brighton Mills— 1st gtd 7s 1940 1st gtd 6Ms 1940 40 200 72 M 37 M 95 98 101H 67 95 m 101 101M 98 68 66 100 M to 101 90 105 M 105 82 84 96 97 J&D J&D 75 80 ..A&O Sou Ice & Util conv 6s 1946.F&A tSouthern Improvement 1st 5s *41 Southern Kraft Corp— 1st leasehold 4mb 1948 J&D Southern New England Ice— 1st a f 4Mb 1967A&O 83 Southern United Ice Co— 1st 4s w s 1950. A&O 55 97 62 m 40 12 Spalding (A G) & Bros 5s '89M&N 47 7 J&J Without stock Stinnes 41m 12 S'west Lumb Mills 5s 1955. -M&N ■ 49 9 105 104 h 105 m 105m 22 27 100 23 h 76 , 24 .82 43 41 ; Stillwater Worsted Mills— Deb 5 Ms A1943 102 M 102 M F&A 99 m (Hugo) Corp— 7s 2d stamped 1946 A&O Stinnes (Hugo) Industries— 73 41 J&J 42 45 42 45 Strange (John) Paper 6a '44--J&J Strawbridge & Clothier— 1 100 1st k f 5s 1948. M&S Struthers Wells Titusville— 1st mtges f 5Ms w w 1949-A&O 102 84 102 m 100 102 7s 2d stamped 1940 Certificates of deposit Studebaker Corp 6s 1945 J&J Stutz Motor Car 7 Ms 1937.-A&O 1st 7s 1942 ctfs of 85 m 1 M&S dep 1 Sugar Pine Lumber Co— 1st M serial 6s 1940-1942.M&S / Summerfield Hecht— Extended 3-5s 1951 F&A Sunlight Coal Co 5s 1947 J&J Superior Elevator & Forwadlng M&N 15 81" 99 i5om 1938—J&D Swift & Co 3 Ms 1950 M&N Taggart Bros Co 6s 1944 J&D Taylor-Warton Iron & Steel— 60II inc 7Ms July 1 1958—A&O 2m 105 m 105m Tenn 125 m Coal & RR 5s 1951 __J&J Term Refrig & Warehouse Corp— 4Mb 1948 106 -- 80 100 m Sink fund deb 5s 16 M 3 A&O Term Warehouse 2d 5s '42.-J&J Texas Corporation— 3% debentures 1959 A&O 3s debentures 1965 M&N Texas Sugar Ret Corp 6s '44.F&A Thermoid Co 5s w w 1951—J&D Three Rivers Grain & Elevator— 1st s f 5Ms ser A 1951 Tide Water Assoc Oil 3M* M&S '52J&J Tietz (Leonard) 7Ms x-w '46-J&J Tilden Lumb & Mills 6 Ms'46M&S Tivoli Brewing conv 5« 1947 J&D 95 100 90 95 100 50 105 103 m J* 93 98 17" 105 M 104 2 94 M .... 45" 8 78 Tomahawk Kraft 45 "9" 82 Paper— 1st 5s (with stk) 1951 ..A&O Trask Timber 1st 3s 1944 J&D UchI Gold Mines 1st 6s 1941 J&D Ulen & Co— 81 90 67 Conv 6s 4th stamp 1950--F&A Unified Deben Corp 3-5s 1955 Union Oil Co of California 6s May 1 1942 ser A 11* 14 8 76 M 28 32 28 30 72" Al* 49 F&A 3s debentures 1959 F&A Union Rock 1st 6s s f 1947—M&S 103 m 12 United Amusement Corp— 1 st 8 f 5s ser A 1956 F&A United Biscuit deb 3mb '55.A&O 106 m 109 m lll«i« 103 m 15 64 106m 38 38 92 m 104 105 40" 94 M 105m • Called for redemption; see page 111. t Quotations based on $89.50 of principal amount; 5% was paid on July 2 and 5M % on Sept. 25. changed for Va. Hot Springs Co. bonds, b Basis. / This price includes accrued interest, k Last sale, n Nominal, r Canadian funds. 50 101 M&N Superior Oil 3 Ms debs 1950-A&O Susquehanna Silk Mills— 19 7 South Coast Corp— Gen mtge inc 6s April 1950 Southern Advance Bag & Paper— 6s Jan 1 1951 45 86 36 H M&8 / Ann Apr / Sugar Estates of Oriente— 5 9 f 7s '55 F&A / Riordon Pulp & Paper Ltd— 1st 6s June 30 1942 J&D30 a River Raisin Pap 1st 6s '45--F&A 100m Roberts & Oake (Chi) 6s '44.M&N 27 Roch & Pitts C & I 5s 1946.M&N 100 Rocky Mtn Fuel 5s 1943 A&O f 14m Rolland Pap 1st 4 Ms A '51.M&N 66 m Roman Catholic Bishop (Portland Me) 4s 1958...A&O 104 3-3 Hb 1940-1948 A&O 103 m Roman Catholic Church 6Ms 1946 f 12 Rom Cath Church Welfare 7s 1946 12 f Ruhr Chemical 6s 1948 A&O J 17 m Ruhr Housing 6 Ms 1958 J&J } 11 Sahara Coal inc deb 5s '40.M&N f 2 St Louis Amuse't 1st 6s '45-A&0 95 St Louis Car Co— 1st extd 6s stamped 1945.M&N 70 1st extl s f 7s 1945 Gen & ref 6Ms 1951 6% notes 1937 104M 63 105 m 64 18 23 M 12 war Signode Steel Strap 3Ms '45.A&0 Silesian-Am Corp 7s 1941 F&A Sllverw'd Dairies 5s '41 to '51 J&J Simmons Co Conv deb 4s'52A&O Simpsons Ltd— 1st & coll 4mb A 1951 J&J Skelly Oil 3a deb 1950 F&A Slattery Co Inc 5Ms 1954 J&J Smith (Howard) Paper Mills Ltd lit 4 mb 1951 J&D Smith (L O) & Corona Typewr'rs Deb 2 % to 4 M % to 1946—J&J Smith & Wesson 5 Ms 1948 J&J Socony-Vacuum Oil Co— 3s debentures 1964 J&J Secured cum Inc 3-5s Apr 1950. Stern Brothers 6s s f 1947-.-J&D Stevens & Thompson Paper— 1st ext 3Ms (w-s) 1958.M&S 102 M 24 / 2.00% 87 15-yr 2mb deb 1953 Co— 3t Paul Un Stk Yds 5s 1946-A&O Saltex Looms Inc 6s 1954 A&O 3.00 J&J Stand Textile Prod 6 Ms '42 M&S Stanly-Rowl-Clark 6s 1946--F&A Starrett Corporation— 101M 101 % f 94 f 6s 1947 Standard Ice 1st 6s 1947—-F&A Standard Oil Co (N J)— Debenture 3s 1961 J&D 100 H 101 J&J / 1m Richfield Oil of California— Conv s f 4s 1952 M&S 106 m Richmond Cedar Works 6s 1953- / 38 Richmond Hos Mills 5s 1948-F&A 47 m Richmond (Va) Ice Co— St Louis Gas & Coke Corp— 1st Msf 6s 1947 J&D 9t L Rky Mt & P 5s '55 stpd.J&J 97 m 90 s Southwest Dairy Products— Conv income 5s 1944 100 % 100 M / Rima Steel Corp 1st s 100 H 103 100 h J&J / 60 98 m s 1946 1st & ref 5-6 Ms 1947 A&O Richmond Radiator 5s 1948 M&N (Oonsol Co)— Penn Mercantile Properties— Secured s f 4s 1961 J&J 7s 19 f 5s 1953 ser A......M&N s 19 39* 99 Peerless Cement 1st 5s 1948—J&J Penman's Ltd 1st 5M8 '51..M&N Penn Amer Coal 6s 1941-56.-J&J 1st Union Richardson & Boynton Cum income 4s 1945 10 36 m 15 100 • 3 Ms assented 1946— Transportation Co— 8 f conv deb 6s 1944 H-1% June 1 & Dec 1 1940._ 1 M-l M % June 1 & Dec 1 '41 1 H-1M % June 1 & Dec 1 *42 1 M-l M % June 1 & Dec 1 '43 1 H-2% June 1 & Dec 1 19442-2 M % June 1 & Dec 1 19452 H-2 M % June 1 & Dec 1 *46 2 M-2 % % June 1 & Dec 1 '47 2M-2M% June 1& Dec 1 '48 Railway Wuouse 4-6s (w-e) *47R' aity Bond & Mtge deb 4-6s '53 Reliance Grain Ltd 4Mb 1952-J&J Remington Rand inc— 20-yr rteh 4 M® w w 1950--M&S 4H» without warr'ts 1956 M&S Republic Steel Corp— Gen mtge 4Mb ser B 1961.F&A Gen mtge 4Mb ser O 1956 M&N Purchase money 5Ms '54.M&N Restigouche Paper Ltd 6s '48F&A Revere Copper & Brass— 1st mtge 4Hs s f 1956J&J Reynolds Met deb 3 Ha *51—J&D Rheem Mfg conv 5s 1948 A&O Rhine-Main-Danube 7s '50 M&S / Rhode Island Ice 5s w-t '51—F&A 8m 31 35 104m Serial notes— Rheinelbe 85 O'Connor Moffat deb 6s 1948F&A O'Gara Coal 1st inc 5s 1955 M&S fn 7 Ohmer Fare Register 7s 1938.J&J 15 Old Ben Coal Corp 6s (w s) 1948 38 m Parmelee 13 h 110 Wire Co— 1st mtge s f 5Msw W1945-F&A 5 Ms without warr 1945. F&A —M&N . 12 66 103 m _ 36 Refrigerator Line 3 40 . 1947—M&N — North American Car— Equip trust 4s ser I Jan 1 *41-'43 Equip tr 4s ser J 1940.46.J&D Eq tr 3Ms ser K 1940-48.-A&O Northern Elec & Nor Pap Mills 1st 4s 1940-1947 M&N 1st mtge os to 1948 M&N A&O / 1946 Prov Paper Ltd 5Hs 97 m 1st Southern Ice Co— 1st & ref 5-8a 1942— 99 Germany— 90 North Western ~ 45 m 94 78 American Cement Corp— 6Ms 1943 M&S Income 6Ms 1953 M&S Nor Amer Refract 6 Ms 1944.J&J North German Lloyd— 20-yr s f 6s 1947 M&N New 6-4% 1947. M&N rn 49 65 1941 m* Atl Deb Corp— Extended at 5% to 1943 J&J N Y Shipbuilding 1st 5s '46.M&N Deb 4s 98 85 Pressed Steel Car Co 5s '51—J&J Price Bros & Co Ltd— 23" 42 Corp— 2mb debs 1954 J&J 'rtdan-WyomIng Coal Co— Deb g s f 6 Ms '51 with Deb 6s 2930 75 m 98 19 6 40 m 23 m Siemens & Halske— 90 m 52 97" 4 " Shuron-Optical 6s 1951 96 70m 95 Shippers Car Line— Equip trust 5s E 1941-42.-A&O 2 1st 6s ext 5M% 1942 M&N f N Y L E & W Dock & Impt— J&D Partic deb 2d mtge 7s 1946 J&D fcNew York World's Fair 1939— 103m Royal Puip & Paper— 1st 5s 1957 M&S M&N 68 68 100 See Investing Companies. Seneca Copper Corp 7s 1933-J&J} Shaffer Oil & Ref 6s 1933 Shaker Co inc 7s 1936 Ask "102 M Sh Potomac Deb Corp 4-6s 1953 Potomac Franklin Deb 4-6s 1953. 106 H Bid 101 H 66 Scripps (E W) deb 5 Mb 1943 F&A Scullin Steel 1st 6s 1941 A&O 1st conv 3-6s 1951 A&O Seattle Times deb 4mb '41.-J&D Deb 4mb 1948 L.-J&D Securities Acceptance Corp— S ieH Union Oil 100 94 — ^otestant Church of J&D 2 106M 95 N YL E & W C & RR— New York Trap Rock 1st rntge s f 6s 1946 0s stamped 1946 15 Potrero Sug 7s stmp 1947._M&N Pratt Cons Coal 1st 8 f 5s '55 J&J 105 h 77 New stamped 1942 Potomac Realty 4-6s 1953 , Gen & coil sf 6Ms 1940A&O Coll tr s f 6 Ms 1943 -A&O Natl Tool conv deb 6s w w '42F& A Nat Union Mtge 4-6s A '54..J&J J&J 5s to 1941 .M&S Potomac Bond Corp 3-5s 1953— Potomac Cons Deb Corp 4-6s '63. 102 m 103 ~5" 100 Certificates of deposit 102 3m 66 m 107m 100m Certificates of deposit 100 % 101 14 m Amer Tobacco— Conv 6s 1942 100 m 100M 1948. .A&O 1949. National Supplylst M 3 Ms 1954 J&D National Terminals Corp— Rican Bonds Ask 104 1957——....J&J Portld Woolen Mills 6 Ms'44 M&N 1st collM 3s 1965. Serial notes f 6s 1948 s Pitts Term W'house & Transfer— 1st ref 5s 1936 M&N / Pocahontas Consol Collieries— 17 2.00 Bid 14 m 1973..J&J 3 Conv deb 6« 1949— ._M&S 64 m Phillips Elec Works 5s 1953.F&A 106 V8 Phillips Petr 3s conv deb '48.M&S 102 m Phoenix Iron I st s f 6s 1946-M&N Phoenix Silk Mfg 7s 1943 ... F&A 3 13 h Pickering Lumber 6s A 46. .M&N Pine Hill Collieries 1st 6s '42 A&O f 109 'Mttsb Brewing 6s Feb 4 '49. J&J Pittsburgh Coal deb 6s '49..F&A 104m Pittsburgh Coke & Iron Colot mtge conv 4. Ms 1952.. .M&S 105 Pitts Crucible Steel 5s to 45.M&S Phila & Read C & I 5s Pitts Steel Investing Companies National Radiator Corp— Cum income deb 5s 1946..U&S / National Steel Car Line— Bonds Ask Distillers Products— Oonv 3 Ms debs 1949 M&S National Fire Pr< >ofing < 1o— 1st M conv 5Ms A 1940.M&N as Interest" except where marked "f" and Income and defaulted bonds near as possible for the closing day of the month preceding the date of Issue 1 Ex- INDUSTRIAL 84 MISCELLANEOUS BONDS & NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue United Cigar-Whelan Stores— 8 f 6s Oct 1 1952 A&O 66 59 M 92 13 22 M 5 30 26 Va Hot Springs Co Inc— 2d mtge 1)4-4s ser A 1979—. Cum inc 93 64 Vulcanite Portland Cement— 1st 7 54s 1943 M&N 66 Walker Deb 100 100 Walworth Co 6s 10034 100 34 10034 100)4 100 M 20-yr 1st mtge 4s 1955 Warner Bros Pictures— 100 101 100 ioo 101*4 101*4 H 76 101 101)4 101% 10154 101 102 101 10254 10254 10034 ioo h 10054 10054 10254 10254 103 102 23 ys 22 69 50 s 63 88 85 J&J 98" 93 95 3554 3654 29 32 10354 90 93 Commodity Exch— 88 93 N Y Prod Exch 91 94 3 5 Assoc membersh. Baltimore Stk 1.10% 1.20% 22 24 5054 10354 "475 Chicago Stock Exch Cleveland Stk Exch 339 1,500 2,250 41 350 213 4",666 Los Ang Stock Exch Vtilw Grain & Stk. 73 157 4.100 1,000 150 150 •8 Montreal Curb Ex. Montreal Stock Ex. New Orl Cotton Ex t/80 500 10554 101 M 1.000 4",500 J6.000 J18.000 70 100 Phila Stock Exch.. 700 "500 "300 400 200 "450 Pittsb Stock Exch. 100 450 St Louis Exchange. 42 500 Salt Lake Stock Ex. San Fran Stock Ex. 43 69 16,500 Seattle Stock Exch 1 30 75 Toronto Stock Exch 113 *12,000 Washington Stk Ex 'VinnJnear Or Exrh_ 40 300 200 300 463 11,100 1,000 1,500 Seattle Curb & M. 20 100 ~ 1,150 New Orl Stock Ex. 9954 85 650 65 Kan City (Bd of Tr) Mlnn-St P Stk Ex. 754 "375 650 58 "525 1,600 2,000 Detroit Stock Exch Ft Worth Gr & Cot Minn Ch of Comm. 10054 3,800 2,500 485 110 78 150 475 2,500 1.100 51 101H -660 100 25 473 28 10154 "555 150 1.549 10454 30 600 Chic Merc Exch Boston Stock Exch. 1.50 1.70 $35,000 $35,000 $40,000 4,000 3,500 4,050 1,500 1,800 6,900 267 76 127 Exch Chicago Bd of Tr_ 10254 10554 b Basis. Last Sale. 344 550 887 977 N Y Oof & Sug Ex. N Y Curb Exch A&O t Canadian dollar value, a Called for redemption: see page 111. s Sale price, x Ex-interest, v 80 seats, 70 members. 10534 10434 10534 10434 SEATS N Y Stock Exch...1,375 N Y Cotton Exch.. 450 Secured 6s 1945 Wilbur-Suchard 4s 1952Wilson & Co 48 ser A 1955..-J&J Onnv debs 3*4s 1947 85 55 Youngstown Sheet & Tube— 1st M «* f 4s ser o 1961 M&N Conv 4s debs 1948 ....M&S a J&J M&S 5-year 7s ser A 1930 69 1942 90 97 EXCHANGE 17" Wlckwire Spencer Steel— 7s certificates of deposit 1935... Prior lien 7s certificates 1935 111" 69" 102 .-.M&N 92 108% 108% J&J ■ 15 10254 Wheeling Steel Corp— 1st M s f 454s ser A 1966—F&A Whitaker Paper 7s 1942 M&N White Sewing Machine— 8954 1954. J&D Utilities Elkhorn Coal 6s 1948 F&J / Valvoline Oil ext 5s 1947.-M&N 88 No, f deb 6s notes Deb 6s 1940 4-5s 100 100 J&J '62J&J 99 Yates-Am Mach 3-654s '44.A&0 York Ice Mach 6s 1947 A&O Debenture 6s 1943 J&D 6934 i. 68 23 34 23 M 88 106 103 80 _ 35 >4 10454 A&O 23 34 22 Universal Sewer Pipe 6s 1943-J&J Utah Ice & Storage (Colo)— 50 A&O 1941....M&S 1937 M&S Warren (8 D) Co— 1st mtge s f 454s 1952....M&N Conv deb 4 54s 1952 M&N Watab Paper 1st 654s 1942--J&J Webster C&O 1st g 5s '42 op M&S West Va Pgh Coal 6s 1947 West Va Pulp & Paper Co— 1st mtge 3s 1954. J&D Western Dairies Prod 654s '41 J&D Western Fruit Express— Eq tr 454s ser D 1941-44—J&D 454s ser E 1940-1945 M&N Western Grain Co 6s 1949—J&J Western Newspaper Union— Conv deb 6s 1944 F&A Weyenberg Shoe Mfg— Debenture 4 *ts 1945 J&D Wheeler Osgood Co 6s 1941.M&S 1st 4s 1953 J&J 10134 101M 10154 101M 100 h 100 h 100 99 2d conv inc 5s 1962..Ann Apr Woodward & Tier nan Print— 64 M&S 554s 101 101 J&J 3 54« series A 1942-1945—J&J 4s series A 1946-1947 J&J Warren Bros Co— 100 h 101 < 4 54s series A 1952 Woodward Tron 1st lien 5s Warner-Quinlan Co 6a 1939.M&8 Warner Sugar Corp 7s 1939.J&J Conv 68 99 1st 3s to 1941 4854 f deb 1955-A&O 68 debentures 1948 1st 6s 1944 100 73 45 1054 754 44 50 82 Warner Co 10034 1 1951. 1 1951. 11952. 2.40% due Nov 1 1952. 2.45% due May 1 19532.50% due Nov 1 1953. 2.55% due May 1 1954. 2.60% due Nov 1 1954. 2.65% due May 1 1955. United Steel Works (Germany)— 6Hs series A 1951.. J&D 334s !34s assented A 1951 634s series C 1951._ J&D 334s assented O 1951. 634s series A 1947-J&J 3 Mb assented A 1947.. United Stockyards Corp— 15-yr coll tr 4 Mb A ww *51 A&O r 90 J&D Waltham W'tch & Cl'k 6s '43 J&D Walton Lumber 1st 6 54s *41 Q-Jan 101 101 ..M&N Extend Income 6s 1963. 6s 1942 (Hiram)-G & W— 454s 1945. 100 100 Witherbee Sherman Tnr— 39 37 Wood & English coll 7s '39..M&N Woods Bros Corp 6s 1937 A&O 454 354 ser s Wise Lime & Cement 6s '38-A&0 1054 Wabasso Oot'n 4s-454s *51—F&A Walker Coal & Ice 6s 1945..M&S 99% 99 y8 1 1950- Van Camp's Inc 1st 6s 1943 Van Dorn Tron Wks 7s June I 1)4-4s 101 82 M&S 554s 1943 75% 74 34 Wilson (W P) inc 654s 1945.M&N Winslow Bros & Smith— Woods Mfg Co Ltd— B 1979 7a Iron Coal & Coke 5s *49-M&S 2.15% due May 1 1950. due Nov 2.25 & due May 2.30 fc due Nov 2.35 i due May 100 95 Viau Biscuit Oprp 6 vjs '46—J&J v icana Sugar Co 6s 1955 J&J Victor Fuel 1st s f g 5s 1953. _J&J Va Hardwood Lumber 6s '42.J&D 9634 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 due Nov 11949 2.10' 2.20" 85 8034 1st coll conv 5s 1051 A&O Vertientes Sugar 1st 7s 1942— Certificates of deposit 70 58 55 80 5s 1953 F&A M&S15 United fllec Coal Cos inc 7s 1946. United Oraln Growers Ltd— 5b series A 1948 J&J 634s series B 1949 M&N United Industrial 1st 6s 1945-J&D Deb 6 >48 1941 M&N U S Finishing 5s 1944 J&J U 8 Print & Litho 6s 1950. _A&O U 8 Radiator Corp— conv deb 8 f 5s 1946 F&A United States Steel Corp— United Corps Ltd inc United Drugs 58 1953 Ask Bid Bonds Ask Bid Bonds Ask Bid Bonds "250 1~,666 12,000 16 000 500 "150 f /This price includes accrued interest. A; Last sale. nNominal. Canadian price, Joint Stock Land Bank Bonds and Stocks month preceding the date of issue. Quotations are for the last day of the 99 99 7 Atlanta Mb, 1%b Atlantic Mb, 1Mb.. Burlington Chicago Denver 1Mb, 3s ...—— First Carolina 1Mb, 2b... First Montgomery 3s. 3Mb First New Orleans Is, 2s... First Texas 2s, 2 Ms First Trust ot Chicago—Refunding 1, 1)4 & l)4s._-—Fletcher Mb, 3Mb Fremont 4Mb, 5Ms Illinois Midwest 4Mb, r 3*4 5s——— 80 83 Lincoln 5s 82 85 Atlantic.... .... ... 8234 .... North Carolina 34s, 134s 99 99 82" 99 35 40" 99 99 Phoenix 5s 103 99 Phoenix 4Mb 102 99 M Potomac 1Mb St. Louis 99 San Antonio Mb, 2s 63 Southern Minnesota 9934 Southwest (Ark.) 5s..... Union Detroit 234s_.—.. 80 Virginian Is, 1Mb 99 - 23 21 99 13 . Bid 100 78 100 ................100 Denver 100 Des Moines... ...100 First Carolinaa... .....100 Fremont 100 Lincoln 100 New York 100 North Carolina 100 Pennsylvania 100 Potomac 100 San Antonio 100 Virginia ... ...5 Virginia-Carolina 100 ..... 9834 99 Par Dallas 80 Oregon Washington Pennsylvania 1Mb. 134s. 100 98 Indianapolis 5s... ... Iowa 4Mb, 4Mb Lafayette Mb, 2b—...... Lincoln 434s........... Atlanta Lincoln 534s New York 5s 9 3 Stocks Ask Bid Bonds Ask Bid Bonds w* 85 99 Ask 82 48 52 73 78 60 58 18 54 52 14 4 P 6 7 100 38 94 32 100 102 234 110 107 3 125 110 99 Quotation shown for all maturities. Company in receivership. Investing Companies Stocks and Bonds Concluded from page 72 Stocks and Bonds Par Per Seaboard Finance Corp..——1 $2 cum pref w w $2 cum preferred * ......—* Second Carey Trust.. —100 Second Investors $3 prior pref.25 $1.50 convertible preferred—5 Securities Acceptance Corp— -4 Common 6% preferred — -25 4Mb conv debenture 1950.J&J Securities Co of N Y cons 4s Securities Corp General com...* Securities Invest com—.......* Preferred 100 Selected Amer Shares Inc ....234 Selected Income Shares........ 1 Selected Industries com -* $5.50 prior stock...........25 Convertible stock 5 Allotment certificates........ Shawmut Bank Inv Trust— Stocks and Bonds Ask Bid 334 2034 ni* 23 42 30 7 9 934 Sovereign Invest. Inc., new..... tpanlsb & Gen Corp Ltd— Am dep rets ord reg—...—£1 Amer aep rets ord bearer—£1 *pencer Trr.sk Fund Inc • Standard Amer Trust Shares—.1 Standard Investing Corp— $5 50 preferred w w Inc—.....50c Corp.....* Corp of Amer— 23 24 Standard Utilities 96 98 •State St Investment — ---* Common 434s Mar 5s March ♦ price, 1 1942 M&S 1 1952....__..M&S n mper Class A A J Super vised Shares .... 7.73 3.75 8".43 • - - - 34 4134 234 4234 45 34 80 1 85 78 83 334 4334 —1 Me 1/ 13.61 share 6.11 if 74, 14.75 .29 10li 6034 62M 2.23 com..........9 534% partic preferred—.—50 Tobacco & Allied Stocks Inc....* Tobacco Securities Trust Ltd— Am dep rets ordinary.......£1 Am dep rets deferred.......£1 TransamericaCorp —-—2 Trl-Contlnental Corp....—..* 6% cum preferred— * 3234 35 50 54 Warrants 5s conv deb e* to Tories * No par value. —J&J 10534 O—.1 107 B ...1 2.12 A.l 1 Union Investment 4.76 Conv deb 5s 234 M&S 99 15 % 2 04 1946 U S Elec Light & Pow tr Trust ctfs series B— ctf A.. U 8 & Foreign Securities com..* $6 1st preferred * U. S. & International Sec......* pref with warrants......* Utll Equities Corp com .10c $5.50 priority stock 1 Utility & industrial Corp.. .6 Convertible preferred........7 Wellington Fund............ Western Reserve Investing—. Deb 534s 1944 F&A share .54 .79 1.15 4 26 common..,..* 1st 1034 134 4 34 134 6734 —........... 1953 ♦Trustee Stand Invest ser ♦Class D ♦Series 9 Ask Bid .49 .71 1.05 2.16 Trusteed Amor Bank Shares B 25c Trusteed Industry Shares....25c Trustee N Y Bank Shares.... 1 ♦Trustee Standard Oil shares 234 ~5~~ Talcott (James) 99 .......... 5.52 Par Per "4 34 by sponsoror issuer, Nominal, a? Ex-dividend. Quotations not furnished k Last sale, "l{e 30 Stocks and Bonds Ask Bid Per share 23 38 Par 8134 •J* 51i14 45 43 1 . 12.74 j 134 13.( 100 % * Name changed to Mass. Investors' Second Fund. e Ex-coupons. f Flat Industrial and Miscellaneous Stocks Quotations for all securities Stocks Bid Par Per Par share Callaway Mills....* TEXTILE STOCKS Cannon Mills Chad wick-Hosldns * Preferred * 17 65 Apponaug Oo * Arlington Mills. .100 Atlantic Rayon 1 Bates Mfg 100 Beacon Mfg— Preferred Beaunit Mills 5 100 10 $15* conv pref_20 Berkshire Fine Spinning Co 5% preferred Boott ♦ * 85 87 91 70 7 Chiquola Mfg 20/ 6% preferred Clifton Mrg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Common—-.100 Converse (D E).l00 Orescent Spinning.. Dtllas Mfg (Ala) 100 D irl'gton vffg(SO) Drayton Mills....20 Dunean Mills 20 7 % preferred. -100 6 iH Mills. Borden 5 Dwight Mfg—125* Eagle Yarn IX 35* 65* -• 18 8 Brighton Mills— Preferred Cabot Mfg 100 4 265* Draper Corp Farr Alpaca 62 * 100 31 8 5% • Globe Knitting..2X Goodall Worsted.50 2 • 100 Preferred Prior preferred .25 Hartford Rayon vtcl 5 J* 28 5 7 18 20 12 X "H 75* Hathaway Mfg.. 100 » com Flint Mfg Oo 30 X 28 5* Franklin Process. _* Fruit of* the Loom Kendall Oo 10 X Patchogue Plymouth 24 73 X 85* 31X 8X • >> 42 36' 41 20 20 18 Newberry C M—100 60 65 60 5 • 10 12 8 14?* & Print Wks 3 105 Amer Enka * Amer Yarn Ac Proc— 49 515* 57 61 110 2 Anderson Cotton * 41 47 100 100 104 25 17 7 Avondale Mills..—1 50 93 ..... Mills (SO) .25 Preferred Belton 4 6 53 100 78 83" Brandon Corp A. 100 Class B * 7 % preferred.. 100 25 27 88 92 Burlington Mills.. I Calhoun Mills....50 185* 185* Bibb Mfg . 5* 43 * without Canadian par price, 15* Lava Cap Gold Mini Louisiana L'd 8c Ex 1 46" 255* N Y & Honduras Rnsario 125* 14 Nipissing Mines 5 Mines * 2.50 102 Noranda Union-Buffalo Mills North Butte Ohio Copper of Utah —.1 12 14 Old Dominion Co.25 38 42 Oklahoma Interstate 5 Vtctor-Monagh'n 100 7% preferred—100 Victory Yarn Mills— 1st M 6s Jan 1941 Wallace Mfg Co... Ware Shoals Mfg 100 see 10 65 60 118 Guar & 16" 9 150 Trust of New York West Jersey Guar Co. 20 3 35* Title & 50 130 * Lab'tor1es_» Mining Com..25c Preferred B 50 20c 565* 4 J* % conv pfd 100 Abbotts' Dairy * \berrromb e & Fitch 117 ..1 6 Common 30c 58 1595* 22 18 $6 preferred 75 Aborfnyle Mfg.. 100 Preferred 100 60 • • 10 8 55 65 Abitibi Pow & Pap.* preferred .100 7% preferred—100 X 6% Acme 35* 5 25 Steel.. ..10 Millis... Vddressograpb Multigraph Corp 10 \dvance Rumely..* 4 7 32 47 17 475* 20 225* 135* 25* 14 40 19 3 Aeolian Co— 6% preferred A.50 Aero 12 Industries Technical Inst—l Aero Supply 5?* 6?* Mfg—1 .1 Class A 21 22 55* 4?* Corp.l 5* 100 Aetna Stand Engine* Preferred 65* 1 \g new-Surpass Common 65* 15 11 17 185* X 37 X 43c .....100 5 1 Aircraft Accessoriesl 6c Aircraft Precision..1 Aircraft & Deisel Preferred 5* 105 Alnsworth Mfg Air Associates 55* 105* 15* 35* 107 5H 11 11 1 Equipment 10 65* 18 Shoe % 365* 36c 20 . Agfa Ansco (Del)—1 Airplane & Marine Direction Finder Airplane Mfg & Sup 1 101" 111. 5* 135* Aetna Rubber— 45 page 7 45* Warrants 99 98 Title Class B 3X Newmont Mining.10 10 Mortgage Guar. * Columbia (D C)—5 EmnireTitle frOulh'l Real Estate (DO) 100 Aeronautical Mt City Copper..5c National Tunnel and Mln68com..* New Jersey Zinc. -2ft 12 5* 1 145* 67c 45* * Canada 124 30c 14?* 60c 31?* 75* 85 1st 7% pref...100 2d 5% pref... 100 1 .... Abraham & Straus.* ~1X 29 10 100 9?* 45* 265* McIntyrePorcuplne5 Miami Copper....5 Mining Corp of 78 Common 185* 55* 45* Magma Copper Ool 0 Textiles Inc com.. 10 Class A pref.—100 Class B pref....50 100 6 e GUAR¬ & SAFE DEPOSIT STKS Adams 50 common. 250 ANTEE 13c 45 value. a Called for redemption; t New stock, x Ex-dividend. 8 Worsted— 7% preferred.. 100 r 225* Webbing 65*% pref —— TITLE Abbott KUdun Mining Stowe Spinning Mills e 28?* 99 83 118 20 43 Kimball Bldg Tr 100 Acme Wire 7% preferred 100 Southern Weaving.* lstmtge notes— Spartan Mills. 10" Startex Mills...—20 2 e e 45c Lake Shore Mines. 1 5 2 e A B Stove 405* 315* Cop..25 8 205* 5 5 50 INDUSTRIAL AND MISCELLANEOUS 1 $6 preferred 93 10 e e Fiftv Associates (B). Hotel Tr(Boston)100 Jardine Mining 1 Kennecott Copper.* 6 com 11 55* 20 89 Southern 11c Mining. .1 Isle Royale 8 Tbomaston Cotton 8 Beaumont Mfg—.. 7% preferred "§" Franklin Mills. 195* IX 32 X * * Preferred Southern 20 e Amer Title & Guar25 Island Creek Ooal.l 104 5 85* e Bankers Bond 8c • 1 King David Mln.50c Kirkland LakeGold 1 Sterling Spinning.. 80 Internatl 67 6 Acme Spinning..... Alabama Mills—.* Preferred 8 65* 62 Chic R ETrus's. 35* 19 — 106 Idaho Md Mines. .1 104 Southern Arcade Cotton Mills Illinois Zinc.... Inspiration Cons Copper 7% preferred Southern Bleachery Southern Mills Appleton Oo 65 Smyre (A M) Mfg 10 Process 100 58 8 13 5* 155* 85* Mining 125* Howe Sound Co—6 Hudson Bay Mln & Smelting Riverdale Mills— 8 Wayne Knit Mills.5 80c common 1?* 31 31 X Homestake 50 50 25^1 25 X Power common..5 38 25 e Granby Cons M S & Holllnger Mines—5 Common e Bos RET (Bos).IOO 15& Congress St Associ¬ ates (Boston). 100 I 5X\ Factory Bldg Tr.100 1 62 6% preferred- .100 Mills e Bos Gr'd R'TTr 100 e .£ 57 Rowan Cotton Saxon Mills.. 29 21: Cycle OorplO Goldfleld Consol Mines Perfection Spinning. 22 Bd of TrBld Tr.100 25 2 101 7 % preferred - -100 28 3 J* .1 Copper Co 100 Hecla Mining—25c Riverside & Dan Kiv 5% preferred.. .50 t Utica 8c Mohawk Cotton Mills.. 100 Wamsutta M 100 50c' 8c Smelting new General Tin 81 89 98 15* 6X . 78 97 1 REAL ESTATE TR & LAND STOCKS 45* Evans-Wallower 100 7% preferred-.100 17 * 10 X 4 Greene Cananea 100 27 % 100 White Knob Copper Copper Canyon.10c Copper Range. * Cornucopia Gold.5c Golden — 40c Preferred 10 Wright Hargreaves 35c 17 32 55* 325* 25 X 1 Plate Clear Creek Cons— Common 10c Clemenceau Min 25c Consol Copper 5 Cons Mln & Smelt.5 53 — 1 1 Tonop Bel't Dev 10c Tonopah Mining. .1 Union Copper Land & Mining. .25 Utah Metal & Tun. 1 Washington Tin * 13 — Mining.lOc Walker Mining 1 48 _ Sunshine Teck Hughes Tintic Standard 21?* 10X X 1 Zinc, Inc Federal Mining 24 5 Silver-Lead. 1 5?* 7% preferred-.100 NorriS Cot Mills —5 45* 42 Preferred 100 Evans Wall Lead— 54 45" 95 Mills 115* Shattuck Denn Stand Gold Mln & M..1 Dome Mines Ltd—* 15 2 83 IX 47 _ .10 Silver King Coal Eagle Pkh Lead. -10 42 29 IX 48 120 55 13 Musgrove Cotton... Nat Yarn Mills 50 33 Abbeville Mills....5 27 44 105* 21 7 23 113 snares- Joseph Lead Oressoo Consolidated 30 75 X 18 7 — 65 28 65* - — 60 * t — See Indus. Stocks Mfg Mfg—20 Poe (F W) Mfg-.100 RanloMfg .10 7% preferred. 100 Ltd Amer St Anth Gold M—.1 Mines— Copper 73 36 Pickens Quincy 25 Roan Antelope Mln r C25* Chief Consol Mln._ 1 Chile Mills.. 100 Mooresville Cotton. 100 * 102 Monarch Mfg Elastic 58 98 65 King (J P> Mfg.. 100 Bleachery 8c Dye Works com 10 Piedmont 50 128 5 Oo Mock Judson Voe— 165* 175* 113 r 5 Zino-Lead Callahan La nett __ 98?* r Dredg¬ & Sull'n M & 20 X 52 145* 155* 55* 8 40 40 Majestic Mfg Marion Mfg Co May Hos'y Mills 1 t $4 preferred Mills Mill pref—100 r Pond Creek Pocahontas * Premier Gold M 1 Preston East Dome 1. Butte Copper & Zinc Co. 95" 1?* 3?* Gold ing, Ltd 90 20 X Knitting...50 18 27 30 Linford Mills 145 Bunker Hill 16 23 40 11 29 United Bulolo 12 100 7% preferred A 36 10 95 Pacolet Mfg Chatillon__l 32 30 Orr Cot Mills... 100 Rayon.* Bol Inca Mining Bralorne Mines Ltd* Judson Mills A pflOO ITeferred B 100 ljfturensC M 100 Limestone Cot Mills 1 Utica Industrial Cotton Mills pref 25 7% preferred.. 100 Class 4% preferred $3 prior pref Highland Pk Mfg 20 6% preferredImperial Yarn Inman Mills Preferred 18" 5 % preferred- .100 SouleMill (N B).10U 37 27 42 Copper Corp See Borden— Tubize .... Graniteville Co—20 Grendel Mills— Preferred... 20 Hamrick Mills..... Black Hawk Consol Mines...1 Cerro de Pasco 23 50 X Skenandoa Gossett Mills 8 23 1005* 825* r & 11 42" * Mills 36 25 65* r r 15* 15* 5* 1 Pioneer Gold Ltd.-l Polaris Mining._25c 10 Lead Zinc 45 63 8 6% prior pref. .50 Sanford 32 1 Enterprise— 15 77 Smelting..... .1 $5 prior conv pf 25 Anaconda Copper Mining Co 50 Andes Copper M.20 Bagdad Copper 5 Central Eureka 19 Pacific Mills....—* Sagamore (F R) 87 22 Mining Amer 13" 25 1 Park-CJtah Consol Mines Patino Mines 8c 35* Alaska Juneau Gold Calumet 8c Hncla—5 Central Am Mines. 1 37 21 * 20 165* 83 10 So Am Gold & Plat.I 7 65 18X 18 X Preferred 52 145* Gaffney Mfg..—50 Conv pref. 10 Gainesville Cot Mills Glenwood Mills. 100 117" STOCKS 7 95* Roxboro Knitting— Preferred 3 47 MINING 5 70 guissett ich Borden MillsMfg— 100 10 104 21 Ask Tin Consolidated 245* St 4 21 1 50 8 Henrietta Mills— 87" OX Pepper ell Mfg 100 Pilgrim Mills—.100 43 109 10 Oriental Consol Mining Pacific 95* 14 27 X Nonquitt Mills * North Amer Rayon— Saco Lowell Shops Common 8 43 110 87 65* Rayon class A. .25 Mills com 16 2 116 IX N J worsted pf—100 Newmarket Mfg * B_ 48 12 85* Bid Par Dredging 12 New Bedford Com class 44 Can Converters. 100 Can Cottons Ltd 100 Preferred 100 Dorain Text Ltd * Preferred 100 Montreal Cottons.. Preferred 100 Penmans Ltd com.* Preferred .100 Wabasso Cotton 82 82 6 100 * 43 114 50 1 A 37 75 40 Stocks Amer shs ctfa__10 Pato Consol Gold Knit.5 16 61 . Com class Canadian Mills 7% preferred..100 19 (Balti more). 100 Preferred 100 Nashawena Mills..* Nashua M (N H) 100 Preferred 100 Cotton 61 Hartsville Cot Mills. ... 2nd preferred Naumkeag Steam 57 ll" Martel Mills— . 97 103 X 82 17 Merrimac Mfg.. 100 Preferred 100 Mt V-Woodb Mills Florence Mills—100 7 % preferred.. 100 Fulton Bag & Cotton Mills. * Hanes (F H) 8 100 $6 part pref A *■ Kllburn M (NB)_75 Ludlow Mfg Assoc.* Luther Mfg 100 Units 20 6% preferred.-100 10 7% preferred 6 100 Cleve Worsted Mill Common * Gosnold M (N B) E&sley Cotton Mills 7 % preferred Eflrd Mfg 100 Erwiu Cotton units... General Cotton 19 73 93 Hosiery— See Indus, stks 35* 10 Bourne Mills 46 X II 123 7 Mills..* Preferred —...100 West Point Mfg. .20 Wlnget Yarn Mills Mtge 6s Wfscassett Mills Woodside Cotton.20 70" Durham (Richard) Mfg Co com Border City Mfg 100 Botany Worsted— Mills class A.. 5 Preferred 45* 8% preferred.. 100 5 17 15 Wellington 355* China Grove Cot— H 45? 88 3 X Washington MillslOO 34 Ask Bid Par share 22 24 21X 3X Stocks Per share 24 21 A* 90 Northern Mills * Ask Bid 10 Co common Amoskeag Go possible for the closing day of the month preceding the date of Issue are as near as Stocks Ask Air Keduc'n com..* 1 1 41?* 42?* X X Air-Way Electric 161" ePurchaser also pays accrued dividend. Appliance Flat price — — k Last sale, n Nominal, 86 INDUSTRIAL Quotations for all securities Stocks Par Ask Bid Pfif Alaska Pac Salmon* 4 Albany Packing. 100 54 Preferred 100 Alberene Stone of Va Vot trust ctfs Alberta-Pacific Grain class A 5 * r 100 r Preferred Alexander Dept Stsl Alexander Hamilton Inst 8% pref—100 Algoma Steel Preferred 5 334 100 Mfg Co com.100 5% pref. 100 Maracalbo—1 Amer Metal Co ♦ 4 6% conv pref—100 American Meter * American News Co * Amer Optical * Amer Piano class A* Class B .5 Amer Pneu Serv * 2834 5 13 6% Am Potash & Ohem * Amer Products * 60 54 Corp Preferred -100 Allen Industries 1 AH en town Portland Cement pref 10 Alies & Fisher.....* Alliance Realty 5 Preferred Corp 21 % 100 22 8X 9 Amer Radiator A 8 9X 2% %6 234 4 4 7% cum pref 100 Am Republics comlO Amer Rolling Mill 25 4H% conv pf 100 Dye "" common.., 156 % Am Safety Razor— Common 18.50 Allied Kid Co com, Allied Mills Inc * 154 994 12 4h Allied Paper Mills. 1 Allied Prod (Mich)— CI A conv 25 Common 10 Allied Stores Corp.* 5% preferred—100 Allis-Chalmers Mfg Common * Alloy Oast Steel..-* Aloe (A S) Co 20 Alpha Portl Cem —* 1834 12X 654 63 X pref 3A 9% 1234 5 94 21 1334 6X 70 6% non-cum pf 100 48 51 13% 13 2 American Stores * American Stove...* Amer Sugar Ref.100 15934 7% preferred.. 100 114 Am Sumatra. Tob— * 1T34 Amer Television 1 6% Amer Thermos A..* 8 * 86 87 6 % preferred.. 100 Amal Leather 77 99% 1% 6% conv pref—50 Amalg Sugar 10 Aluminum Ltd * Corp Amer Agric Chem_* Amer Air Lines...10 American Arch Amer Bakeries— * 1X * Class B * 47 15 16 55 94 28 5634 5834 5434 734 7% preferred 16 pf_100 38 634 4 34 130 25 95 176 Motors com.. * Preferred -.100 Amer Carmel 100 Preferred 100 Amer Centrifugal.. 1 Am Chain & Cable.* pref. 100 Chicle * American Cigarette & Cigar Co...100 Amer Wringer * Amer Writing Pap.* Amsterdam Trading k IX 3934 7 434 133 Cable common. _• Anchor Hocking G1 Corp. new. 12 J4 9634 178J4 Anchor Post Fence.* $5divpref Andian Nat Corp..* 194 26 .4434 Angostura-Wuppermann Corp 1 Anheuser Busch._20 Animal Trap _* AntlUa Sugar 100 Apex Elec Mfg • Applied Arts .1 Appollo Steel....10 134 2634 45 35c 3 34 634 X 1954 105 X 121% 140 Preferred 100 Amer Coal (N J)..25 Amer Colortype.. 10 115 5% preferred--100 65 1 834 yu APWPaper 5 19J4 Archer-Dan-MldPd * 10734 ArcturusRadioTube* 124 Arden Farms vtc.l $3 partic pref * 200 Argo Oil 5 13" 694 . 5 6% 1st pref...100 76 80 24-94 3354 1154 1134 37 5% preferred—.10 2d series 10 Amer Distilling pf 10 Amer Dist Teleg * 7% preferred..100 Dredging.. 100 Amer 534 934 9 3 34 1254 1294 334 95 90 1153a 11734 33 American Encaustic Tiling Co 1 Amer Export Airlines Common... ...50c 194 134 234 3 Amer Export Lines 1 12 Am Fabrics, pref 100 4 6 Amer Felt common * Preferred 100 Amer Forging and 8 12 74 79 Socket com * Amer Fork & Hoe-.* Am Fruit Growers.* Preferred 50 Am Furniture Am Hair & Felt .1 1234 4k 1034 134 534 94 * 1st preferred.. 100 534 11 194 734 134 234 _ _ Amer Ice Co 6% non-cum pf 100 * 81.50 prior pref.10 Amer-La France A Foamite Locomotive.* 7% preferred. .100 Amer Mach & Fdy.* Amer Am Mach A Met..* Am Maize Prod *1 2134 3034 334 23 31 26 28 51 5134 . • 7% preferred. .100 Armstrong Cork-. * Armstrong Rubb A* Arnold. Constable.5 Arnold Print Wks.* 5% preferred...30 Aro 2 2134 23 4 434 2434 2 26 294 34 15 94 1534 10 12 £y> Aviation & Transpor- 534 1134 IX & 2734 3934 137 56 140 tation Ooro 1 Axton-Fish Tob A 10 Class B ..10 Preferred 100 65 854 Ayrshire Pakota 25 Colliers Corp 34 "5" 534 734 1 29 Baldwin Co 39 54 140 57 144 1134 1234 1234 13 54 13 -7-3 34- 32* Warrants Baldwin Rubber I Bancroft (J) A Sons* Preferred 100 2-34 34 33 14534 234 334 1134 34 PrefeTed 3 34 Barium 15034 334 334 Class B com.. * 6% 1st pref—100 Atl Gulf & W Indies SS Lines new._l 5% non-cum pflOO Atlantic Refining.25 4% conv oref.100 Atlas Drop Forge. .5 Atlas Plywood * Conv preferred.20 Atlas Powder * . 5% conv pref—100 Atlas Tack.... * Auburn Automob.I * New common 58 16 19 w i* Auburn Cent Mfg. * Austin Nich A Co. .* 85 cum prior Galled for redemption; A.I* 7 Boeing Airplane--.6 Bohack (H O) com.* 1st IH 9 3 4 35 934 4134 634 134 934 4134 834 134 1734 434 5 4 15 18 2* 6% 27 pref..25 conv Basic Dolomite. 454 254 254 3894 35 12 15 91 85 334 2754 ..5 Bath Iron Wks..._l 95 254 1554 2554 634 534 .1 20 113 34 Optical 69* 10 10 com 1054 534 2434 34 954 234 734 15c 5c ,ii* 1st preferred 100 2d preferred..100 Beau Brummell _ Ties Tnc .1 Aircraft 1 Beech-Nut Pack..20 Beech 3534 434 Belding Hem'way 9 Bell Aircraft 108 104 4k 43 34 * ._1 Bellanca Aircraft 1 Bellows & Co A..10 Belt RR A 434 4434 6 14 34 234 334 1534 1234 1234 2 Common 50 Preferred 50 Bender Body com—5 Bendix Aviation.. .5 75 3234 5934 834 334 3334 61 >4 834 4 Appliance cl A..5 10 11 1134 1134 Class B 33»ic Benson A Hedges. .* 434 2 Purchase warrants Borland Shoe 8t * 7% preferred.-100 11 12 Best A Co Beth Fdy A 68 69 50 * .. ■ 63 Preferred „ 5 534 Mach"* Preferred. Beth Steel (Del) .50 * 7% preferred--100 B/G Foods Inc * 7% preferred--100 Bickfords Inc * 34 34 634 2% 634 34 38 834 1134 2134 107 X 234 1334 2134 6234 114 6 34 Ik 15 154 234 1694 "254 734 134 42 10 1454 2134 110 234 15 22 6434 11634 634 94 234 18 134 254 1754 Boston Wharf 100 Boston Woven Hose A Rubber com—* $6 preferred ; Bourjois, Inc * $2.75 cum pref—* Bower Roll B'r'g—5 Bow-Bllt Bondhold¬ ers class A 65 Bowm Bilt Hotels— Common * 2d preferred- ♦ Gasket, * com Braniff Airways.2 34 Breeze Corp 1 Brewing Co of Am.3 Brewster Aeronaut'! 1 Warrants Bridgeport Brass..» Bridgep't. Hy dr'l Jc20 Bridgeport Mach..* Preferred -100 Briggs Mfg * Briggs A Stratton..* Brill Corp class A—* Class B 2634 2754 11234 2834 115 "534 si* 39 3354 3494 15 19 34 234 34 334 234 1434 654 534 4Vs 1034 5% 1034 -3534 134 1534 5 i 1054 634 1054-37 154 25 34 2094 2034 3494 234 33 194 7/ %/ 2234 11 /% 2534 1194 37 * 33 25 80 85 43 45 4034 42 94 1234 14 A Bristol-Myers. 5 Brit-Amer Oil Ltd— Coupon shares. .♦ Brit-Amer Tob reg£l Ordinary bearer £1 Brockway Motor Truck com 10. Brooke (E G) Iron.5 Brown Co 6 % pf. 100 3-2 34 12 6 7 334 334 17 common 1 2 Class * 8 Brown A pref 534 434 1934 2 2394 234 34 38 6 10 Corp..* 7 39 * * 10 Buckeye Pipe L..50 Buckeye Steel Oast * 6 % preferred- 100 Bucyrus-Erie Oo—5 7% cum pref--100 6 11234 8 434 634 114 834 1634 334 1634 15 17 4 Buda Co com 100 Budd (E G) Mfg..* 7% preferred--100 Buda Wheel. * 7 % preferred. -100 Bullard Go * • 52 53 Bulova Watch 54 55 Burdines Tnc Preferred 1 3094 * —.1 * si* Burger Brewing...* 434 .7 Burkart 23 si* 35 38 34 "534 «c* 7 92 88 834 9 334 4.34 3154 134 3294 234 8034 m* 121 7\y? 7 82 8334 494 Blauner's common.* 3 $3 preferred.—_ * BiackADecker Mfg * Blaw-Knox Co * Bliss A Laughlin 5 Preferred .30 Bliss (E W) Co- 43 1634 10334 834 10534 12 334 40 534 112 32 94 30 694 4234 234 46 25 32 54 Burroughs Adding Machine.. Burry * Biscuit. 12 34c Bush Term Co com 1 6% preferred—-* 7% debenture. 100 7% pref ctfs--100 »3 3 94 34 9934 10 Butlnr Bros.. pref-.30 conv Butterick Co Preferred —* 50 Byers (A M) com. _* 7% part pref-. 100 Byers Machine.---* Byllesby class A * Glass B ..* -* Preferred Byrndum Oorp 1 Bryon Jackson * Gable Elec Products Vot tr ctfs.. 60c Common. 50c Calif Pack Oorp * 5% preferred.-.50 534 6 Oalamba Sug Est.20 Callite Tungsten.. 1 50 Cambria Iron 32 35 1434 1454 25 25 22 23 34 Glass B pre!..-.50 20 2134 Canada Gement.100 Bloomlngdale Bros.* 11 13 7% preferred-.100 134 3634 $2.20 preferred..* Corp Ltd— Am den receiptsBurns Bros Coal_. * 1934 834 Blumenthal (Sid)..* 91 Burma 1834 834 1634 1 2234 1 5% 15 80 Preferred 100 Billings & Spen 25 Ring A Bing 5 Bird A Son... * Preferred ,...5 Birdsboro Stee Fdy A Mach wm * _ - 3 tF) Mfg— Common 18 Campbell (AS) Campbell Wyant Gannon Fdry 1 A * 754 54 234 334 6 734 4k 1894 34 1 7% 5534 10c* 10c 234 3 11 17 4934 1154 2 57 434 1434 Canada Bread.....* 534 63 634 75 Preferred Preferred .100 100 90 3" 55 Canada A Dominion Sugar Co Ltd...* % 8234 78 Bush Term Bldgs- 31 22 , 50 167 2934 * 5 Collender Co 154 134 7% preferred..100 334% pref ...100 $5 preferred Brunswick Site 35 163 Bruce (E L) Co Brack Silk Mills—.* Brunswick-Balke- 2 154 30 Brown Shoe _ 434 234 12 Forman Distillers 10 39 pf pf 111 25 Class Manufacturing. 50 20 conv 11 25 Bristol Brass Brown A Sharp * conv 9 Brinks, Inc 2834 1194, 6% 5% 20 23 * Preferred * Brown Rubber..-.1 3734 Bigelow-Sanford Carpet com Common 6 . Boyd-welsh Inc...* Boyertown Burial 2134 80 12 $2.50 preferred..* 2 • '10 _1 * Bessemer Limestone A Cement com.-l 154 1034 64 common. Beryllium Corp. 5 9 10934 5k * Berkey A Gay Fur¬ 1534 134 834 434 pref 5 102 15 Storage Preferred 36 40c 1334 434 4 Warehouse— 100 Boston 30 ,10 Bendix Home niture 1734 3334 30 50 Gravel Pref 3 Stk Yds 35 20c 22 112 Bearings Co (Am).* 434 2 104 434 234 954 294 834 1 54 1934 1754 Boston Sand A 6 25 112 6 31% 3* Borg-Warner Corp .5 Borne Scrymser—25 7% preferred..100 Brillo Mfg » 2394 10634 _ 24 134 106 334 34 3 25 5% preferred.. 100 Bayuk Cigars • 7% 1st pref 100 Beaton A Cadwell Mfg common..25 12 2934 654 594 20 * 934 334 4 60 2634 Brown Fence A Wire * Beatrice Cream.-25 $5 preferred w w_* Prefx-w_ * Warrants 2 1554 O 23 "234 26 10 Bond Stores com.. 1 Bonomo (Joe) Publica'ns pref Borden Co 15 11" 9734 5 27 105 1st preferred-.100 16" 1534 23 55 99 Bathurat Power 26 2 434 28* 13 1554 18 104 40 454 1 Batavia Body Preferred 100 Pref vt C..-100 Bausch & Lomb 15 H 67 34 834 pa** share _* Common B_ 17 Baumann(Lud)com* 24 1934 534 1 .._* 534% pref 50 Barkley Grow Aircrl & Paper A Class B 14 Bohn Alum A Br—5 Bon Ami com A—* Stainless Steel com.. Barker Bros 4 11254 134 2 134 5 Barnsdall Refining. 1 Bartgis Bros com._l 27 2534 9 preferred..100 Bohack Realty pflOO "354 Ask Bid Per 48 1 . Barlow A Seelig cl A5 Barnard Aviation.. 1 Barnsdall Oil .5 7 70 Associated Rayon.* Atl Coast Fisheries'1 Atlantic Co A 50 - Par 6 * * Bardstown Distill Bareco Oil 5 7%preferred-_100 . _ Barber Asphalt-. -10 76 75 . Stocks 43 Barber & Ross. 74 73 Ask share --TS-MffBankers IndustfllH1 62 59 Art Metal Oonstr.10 Art Metal Works..5 Asbestos Corp Ltd * Asbestos Mfg com.l . 30 new 16— ■ "ServTcecT "A—_ 34 Preferred 1 Ashland Oil & Ref.l Assoc Brew (Can).* 7 % preferred 100 Assoc Dry G'ds— 1 6% 1st pref...100 7% 2d pref...100 Assoc El Indus Ltd Am dep rets ord .8 6 % preferred. .100 Baldwin Duckw'th.^ Baldw Loco Wks..* V t c for com...13 7% pref 23 34 23 1 Babcock & Wilcox.* Baker Chemical-. * Preferred 100 Balaban A Katz—25 205 180 Hegeman Elec.10 Arrowhead Petrol-. 1 Artloom Corp.....* New 4% pref w 150 a 734 Aviation Capital_.l Aviation Corp 3 Conv 13 34 1234 234 434 Equipt Corp__l 194 1334 5634 1294 234 234 Pref ex-warr.25 Arrow Hart- 434 194 Without par value, 17" 104 101 Corp.. 10 Warrants.. Am Laund Mach_20 Amer Locker classA* Class B * * 16" * Amer Insulator guar pref. .100 registered _._£1 Assoc Laundries * 2d preferred-.100 Amer Hard Rubb.50 8% preferred-.100 Amer Hardware. .25 Am-Hawailan SS.10 Am Hide & Leath. 1 6% preferred. .50 Amer Home Prod._l 7% Armour & Co (111)— Common 5 80 conv pr pref. I* 68 Commercial Alcohol com 20 Am Crystal Sugar 10 Avery(B F) A Sons 5 6% pref w w—25 3 34 162 MH „ Automat Vot Mach * Automobile Banking $1.50 conv pref 25 Class A com...25 Warrants 7% Ark Fuel Oil pref. 10 Armour A Co of Del • 534 634 Amer Am Cyanamid A. 10 Class B 10 ___# 4 34 4 1 American shares.. Anaconda Wire & 36 34 7% preferred. .100 ment common... 5 Automatic Prod—6 Automatic Refrig-10 70 145 Bid Alarm common.25 Automatic Instru- 23 4 ^ Amer Wind Giass^ Class A 100 Common * Preferred -.100 Am Woolen Co * 6034 5634 734 . % X 7% preferred-.100 American Canadian Properties * Am Car & Fdy * 7% preferred.. 100 Amer Car & Fdy conv 31 95 5 American Book. .100 Amer Bosch Oorp-.l Amer Box Board.. 1 A.Brake Sh & Fdy— Common 5% 25 6% preferred ..100 Am Transformer. 10 Am Type Found. .10 7% preferred.. 100 Am Vitrified Prod.* 3 39 34 18 38 Am Beverage Corp. 1 Amer Common B 14 23^ 4534 10 6 % preferred 50 Am Bemberg com.* Preferred 100 conv Preferred .50 Am Thread 5% pref5 Am Tobacco com.25 Preferr od Class A 534% American Screw.100 American Sealcone.5 Amer Seal-Kap. ....2 Amer Seating * Am Ship & Comm.* Amer Ship Build..* Am Smelt & Refg.. * 7% preferred..100 American Snuff. .25 ' 6% preferred—100 Automatic Fire 29 34# 66 14 Amer Steamship. 100 Am Steel F'driea * 157 com. * 113% 6% preferred..100 Alum Goods- Mfgrr* ~ "17" 5% Aluminum Indus..* American Can 3 50 17 » Am Bank Note 334 Par Autocar Co com.. 10 54 17 34 10034 29 27 month preceding the date of issue Per 73 1634 9034 2734 2234 2 34 Aluminum Co Amerada 68 * 33 X 13 Altorfer Bros com.. * Conv Partic pref. Amer Pulley Stocks Ask Per share 20 18 Stand Sanitary..* .100 Allied Ohem A Bid 5% prior pref...7 Allegheny Ludlum Steel possible for the closing day of the Amer 1 25 Par Am 85 80 6 com, Stocks sharp MISCELLANEOUS STOCKS & are as near as 1754 - - - sept., 1940] industrial Quotations for »ii securities Stocks Bid Par Ask Per Can Dry Ging Ale.5 Canada Forging*— Class A Class B * r *r Canada Packers...1*?" Canada SS Lines..* r Preferred 100 r Can Wire & Cab A_* r Class 14 16 3* 15 18 .Hark Controller 16% 86% 4% 15% Clark Equip Co.. Preferred. 100 82 4% 14 3* 1% r ~3% Canadian Car & Fy * r Preferred 25 83* 123* 15 Canad 31 31% *r 1 &; Dock Canadian Foreign Invest Corp * * r Canadian Industries Class A 100 Class B__ Preferred 1 * 26 * 63 of St Louis 1 Class A * 105~" * 5834 * * 8 1 7 0% 49 Oatalin Corp 1 Caterpillar Tract. .* Celanese Corp * 7% prior pref.100 1st partic pref.100 Celotex Co com—• pref..l00 Corp 15 1st preferred * $7 preferred * Central Aguirre cum Celluloid Associates . * Airport... 1 5% conv pre!.. 100 Collins Co 100 Collins Morris .1 5 81 73 Wire Plantations ...100 Cent Foundry com. 1 21 33% 7 50% Columbia 17 2% 47 79 8% 18% 13% 10% 21% 14% 19% 19% 20% 19% Vot tr ctfs com,.* 6% $2.75 conv pref..* Colum Carbon 4% 79% Columbus Auto— Parts 26 v t c * » 25 26 16 Comm'l Oompo Solvents. _* 2% 23% * 56% 59 14 16 7 % preferred.. 100 6% prior pref. 100 Cessna Aircraft 1 * com 2% 88 4% 23 1% 193* 6%% prior pf.100 7% preferred .100 Cons 4% 23% 2% $2 21 7% Cons 19 21 95 6 Paper 3% & * 21% 6% pref 100 Chapman Valve—1 102 % common.. 33% 23% 103 Hosiery 6% pref 10 Common 3 y. \2% 100 100 Chicago Mail Order 5 Chicago Nipple 6 Chic Pneu Tool pref 8% 10c 32 43 u 48 Cont Screw 12 % 12% 9% * 7 15 10 63* »J3 g% Chickasha Cot O.10 * 100 3* 61* Cab..* 10 2 % 9 k 31^ 4% 7594 75% 5% 7% 1% * Advtg Prod.. * Cinci Ball Crank. .5 7 Cin Tob W'house_25 "41/ Oin Un Stk Yds.. • \\y% Cinecolor 1 City Auto Stamp..* City Ice & Fuel • 6%% cumpf.. 100 Cont Steel 13* 5% 2% l4~~ I5" 14% 143* 50 16 90 80 Det Gasket & Mfg.l 39% 6% pref w Detroit Gray w—20 115 Varn..* Foundry 6% 3% 18% r% "334 East Dairies Ltd * Eastern Air Lines.. 1 7 Preferred Early & Daniel Diamond Conv 5% pref..50 54 56 6% part pref.. .25 Diamond Shoe com * 7% 104 50 % 173% 15/ 62 1 page 11 503* 180 134 66 %! 73*j 111. 13* 834 Preferred _ Warrants Noc Jt Last sale, n Mfg 3* 93* 4 33* 176 13* 16 43* 125 1 Common * Class * B Eaton Mfg Co.. 4 Economy Groc Sts.* Edgewater Steel * 9 34 27 90 95 563* 5834 834 13* 33 3* Class A 100 Electrol Tnc Klectrographic 934 1634 10 Common Electrolux Corp 13 34 > 183* 21 24 34 10 1134 1 I 1 - % 35% 1334 34 2934 203* 30 25 27 % 24 3* 34 13 1034 83* 1 834 13* 28 334 35 - - *. - «• - - - • 49 ~r % 1 3 nreferred__100 1 Ely Walker D G..25 15 1st preferred..100 2d preferred..100 114 120 96 98 1434 1534 Preferred 25 Emerson Elec Mfg .4 Preferred 4 12 Empire Sheet & 74 Ti opiate. Emsco Derrick 2934 3634 * 5 Endicott-Johnson_50 32 3* 4 Eureka Vac Clean. 5 Evans Products 5 Ever Plastics Corp_5 23* 334 Eversharp Inc 30 10834 63* Ex-Cell-O 341 1 Corp...3 3 17" 18 17 18 273* - 3 86 334 9 3834 107 33* 23 334 634 2 134 3234 334 Canadian price, •» - 34 353* 133* 26 Emerson Drug. .2 3* Class B 23* "23* - wm 9 55 Inc.l 2d — Corp 5% p-ererred-_100 Equit Of ice Bldg__* Esquire Inc 1 Eureka Pipe Line.50 2 m. Elgin N Watch 15 Eljer Co com * 5% cum pref. _.50 5% prior pref.100 Elk Horn Coal._._.* 1st preferred 100 263* ~ 3* m. 1 com 90c 13* 1 Electric Auto-Lite_5 Electric Boat 3 Electrical & Musical Indus Am shs Elec Stor Battery._* Elec Vacuum Clean* Electro Bleach Gas .* 70c 173* 60 14 Electrical Steam Sterilizer 4 1334 46 13* 243* 33* 31 5% preferred Edison Splitdorf 50 * Educational Pict__I Eitingon Schild * Elder Mfg * 85 63* 163* Edison Bros Stores .2 119 r 41 172 63* -.1 36 234 6% Dreferred-.lOO Easy Washing Mach 30 — 293* 534 1334 24 105 * 293* 434 1234 13* 34 83* 73* 1834 13034 2834 3534 293* 100 Nominal, East Racing Assn..* Eastern Roll Mill..5 13 130 70 * Dictograph Prod. .2 Diesel Equipment.. 1 Differential Wheel.1 Voting trust ctfs. Di Warrants Eastern Footwear_ 1 East Mall'ble Iron25 1 3* 11 * 104 63*% Pf (w w) 100 Diamond T Motor 2 llDictaphone Corp. 101 A pref..* see 83*11 107 — pref_20 Preferred Eastman Kodak 1334 133* 100 Alkali. .20 Diamond Match conv 534 163* Preferred 9 25 1 Eastern Sugar Assoc Common 1 25 .. * 100 Oil 11 105 Preferred.. %6 43* 83* 25 Dexdale Hosiery— 59 24 10 -* * Common 98 223* 4% 16% 23 34 34 2d preferred 100 Dewey & Almy Ohem 27% 18% jCosden Petroleum .1 5% conv pref. .50 534 134 ... 334 834 8 Rey'ds.* „ 15 233* 25 Electromaster Class A (non-vot) • Common B—..* 18 7 % preferred-. 100 20 134 1234 10 10 De Vilbiss Co Lock Eastern Corp com 10 Devoe & Raynoids— 8 Refg..25 18 % Harvester. 1 Detroit 6% pref 100 Corp...! Eason 334 167 * com 11 27 Detro t Paper Prod 1 Detroit Stee' Prod 10 is 56% Called for redemption; Mills B " Detroit Mich Stove I 3 24 conv 28 63* 1034 114 37 Eagle 734 334 134 Iron & com—1 $3 prior pref * Copperweld Steel..5 $6 834 110 * 93* 5 6% pref 25 7% pref. 100 Durham Hosiery— 20 1 Aircraft—* $4 preferred * Cooper Bessemer..* 90 a Detroit "% * 86% Without par value, Detachable Bit.. 10c 1 60 . * 9 8 & Chem com 134 27 1934 334 73* -_M Class A Cornell-Dubiller , 41 Duro-Test 105 $6 prior pref 50 8% debentures 100 Supply. 10 6% preferred .100 De Pinna (A) Co— 63* 23* 123 Duval Texas Sulph. * 1534 334 5 com 234 * 80 30 6% conv oref__10 Derby O & Ref com * % 2% 1% 33 Special pref 10% lOorroon & Preferred Durez Plastics 49 Delta Airlines—100 Preferred 8% % 78% 39% 113% 6% 3% 18% %« 6% 10 $2 preferred 10 % 2 70 78 3% Converse Rubber..♦ Prod <fc Co common..20 634 20c Dentists' 334 23% Corn 2 233* (R G) Duplan Silk * 8% cum pref 100 DuPont (E I) deN 23H Dennison Mfg— 18c 23 % 102 P't & Dun 23 110 (Allen) 42 Long Hook and Eye 100 Del RayonAcom.15 Class A .10 Elec Corp com__l 6 Corning Glass Wk 10 Preferred 100 123*1 6 1 % 5% Mont 109 534 100 r Dubilier Condenser 1 Du 5% prior pref..20 10 1 Turbine 95 • 100 Cook 134! su Corp Preferred 6% 5 com. Preferred 9% 10% 2% 10% 10 Cinci Inc * 30 Yeliow Churngold Corp * B * Preferred. Chrysler Corp A Class 11 So Airlines. 1 Chllds Co com. Preferred Chilton Co Class 10% 9 Gilbert Corp Defay Stores 58" 92 Continental Mot_.l Oont'l Oil (Del)...5 9 % 87 8% preferred..100 Consol Royal Oil. 10 Consolidated Steel * Cont Diam'd Fibre.fl 100 20 De * . com.... 66 7% preferred. * $6 preferred * Dunhill internat'l.l 113* 64 3* 33* Defiance Spark Pl_* Deisel-W /mmer 6% 8% preferred.. 100 Continental Can. .20 $1.50 preferred..* 210 * 3% 2% Oont'l Oil (Mex) 1 Oont'l Roll & Steel 1 Preferred $2.50 prior pref. • Chic Ry Equip 25 Chic Rivet & Mach 4 V t c for 93 1% 13% 94% 68% Dryden Paper.,. $1.50 1 com 6% 2% Engineering 1 Continental Baking 5 1 % 7% 2% Records 35 223* 203* 10634 53* 25 11 11434 13* 13* ... Laboratories cl A1 62 34 23* 141 114 100 * Preferred 100 Dresser Mfg com..* Driver Harris Co. 10 Preferred 100 Preferred 35 3 6% pref v t C..100 Contai ner Corp 20 Continental Aviation Daily News..* New 5% pref.. 100 Chicago Flex Shaft 6 Chic June Rys & Un Chic 7% 6 Chic Chic & Deere & Co _ Dow 30 15 Decca Warrants Silk 5% preferred. Drug m.'mt 11 7334 3* 13* 1403* * * com 634 93* 723* * Conv prior pref 5 3 Bradstreet Corp.* 10 70 * 99 2 Common Dow Chem 4 54 534% pref.... 100 Doubleday Doran.* 69 8 Dayton Rubber Mfg Common 1 r 2 110 Class A * 634 53* 25 5% 100 com Preferred Cons Paper of Can.* Oonsol Retail Sts.. 1 97 4 Dominion Steel & Coal B Dominion Stores Dominion Tar & 134 __* Mills 16 5% Davis Coal & Coke 50 Davison Chemical. 1 Delendo Corp De Laval Steam Ohesebr'gh Mfg. .25 Chesapeake Paper 50 734 3* 834 434 16 85 2 Consolidation CoalCommon vtc. .25 Board common.. * 634 Davega Sts Corp. .5 5% conv pref..25 Davenport Hosiery 8334 65% 54 ~6~" Preferred 12% 2% preferred. 100 16% 11% 5% 14 63*% pref 100 Bdge.100 Dominion Douglas Aircraft._* Douglas (W L) Shoe 134 2234 1534 8734 2934 9334 «* 9 10% Lithograph..* 10% 10 Mfg.5 353* 119 334 193* 2834 Chemical 3* * $2 partic pref 43 Cons Mach Tool uts. Cherry-Bur Corp. .5 Charls 2 Indus.. 1 Consolid'd Textile.* Consol Water Power & Paper com 25 100 * Darby Petroleum. .5 Darco Corp 8%pfl00 Dardelet Thr'dlock * 10 part pf..* 5 Coasolidated Oil Chamberlin Metal Weatherstrip Film cum 25 1 pref. .100 * cum 38 Cons Laundries Eng Common.. Par $10 Common..Par $50 pref Oonsol Biscuit 1 Oonsol Car Heat. 100 Cons Cigar Corp. .* 102 22 534 134 403* P34 2634 834 273* 1 4 1534 1934 Dominican Coal pf 25 r Dominion Glass. 100 r 122 140 Preferred _100 Cushman's Sons— 12 23 10 Certain-teed Prods-1 Class A "9% 1 Oonsol Aircraft 4% 3% 3% 3% 23* 223* 1103* New preferred w i* Ourttss Wright Corpi $8 cum pref Cutler Hammer \TA 8 conv 2 15 * Cork Doehler Die Cast..* Darling Stores Corp 8% $3 634 62 % % prefeired 100 7% 11% 2% 16% 12% 12% % 7 48 "134 434 $7 preferred * New common w i* Shoe 7% 4% 3% 9% 1 5 ~734 100 5 Curtis Publish 77 Combustion Eng..l 1 Sug 17% 76% Mach vtcext—1 Conde Nast Pub..* 42 6 4% 18% 7 Congoleum-Nairn. * Congress Cigar —* Ctfs of deposit Conn Telep & Elec.l Centrifugal Pipe 1 Century Elec 10 Century Rib Mills.* 4 4 $2 preferred 17H 2% 2134 92 Curtis Lighting-.23* Curtis Mfg of Mo. .5 ~i% * com 4% 23% 153* 85% 2934 ♦ Ouneo Press 38 1% Tobacco 22 ..* 5 Dold (Jacob) Pkg— 4% * Preferred B'casting 57 Dodge Preferred 25 Crown Zellerbach. 5 $5 conv pref * 5% Preferred .100 Cudahy Pack 30 Columbia Pictures— 125 27 Central Paper. Preferred 22 Columbia Mills. .100 Columbia O & G 1 2934 1173* 133* 334 41 Cuban 5 1034 3434 * Dr Pepper Co 39 1 10 7% preferred-.100 Cuban Atl Sugar..5 134 63* 934 * Dobeckmun Co coml 20 Cuban-Am Sug 70 5 A llu 393* Cuba Co 18 Sys Inc class A2H Class B 2% .... 2 60 78 Preferred... * Columbia Brewing.5 5 Cent Ir & Steel.. 100 Cent Ohio St Prod. 1 27 * 260 22 26 5* Oolson Corp.. Colt's Patent Fire Dixie Ice Cream Class 40 6% preferred 10 Crystal Tissue._._* 17% 4% 240 17% 1% 13 3% • 112 23* 10 * Dixie-Vortex Co 434 2734 Crucible Steel...100 7 % preferred.. 100 Crystal Oil Ref...^» 16% 4% Col Fuel <& Iron Warrants % 98 334 263* Cuban Am Mangan 2 109 46 % 29% 117 123 63* 52 3% 76 24 % 150 common. Arms Mfg 25 Columbia Baking. _* 4 3* 1534 111 60c 1654 Divco-Twin Truck. 1 20 37 Crown C'k & Seal.* 140 Ordinary shares.. 6% conv pref 29" % "*2.25 pref w w._* Preferred x-w...* Crown Drug com 25c Drown Cork Int A.* Colon Development 29% 8% 7% 5% preferred.. 100 conv - 334 9834 2334 1083* ZZ* Colonial Beacon Oil * Colonial Ice B pfd_* Central American $3 - - Oollyer Insulated % % 1 Oastle(AM) Oo-.IO Preferred 59 ' 6 ♦ $4.25 preferred._* Collins & Aikman. .* 106 * 5 * Peet common 12 10 102 105 24 28 % Brainard Co.. 100 Case Po meroy. 5 corn.. 800 * Prior Preferred .50 Crown Central Petroleum (Md)_5 Crows Nest Pass Coal 15 25 5% pref w W..100 Distillers Llquors2 34 108 Crowley Milner Colgate-Palmollve- 9 Disney (Walt)— 6% preferred Dixon (J) Oruc-.IOO 5034 34 * 100 Preferred 68 273* 10534 113* 9934 2434 (J I) Co 100 7% preferred..100 Case Lockwood & Stk Yds 28 ' 11 10 . 1 Discount Corp ..100 3 334 %> . Ask share Distillers Corp- 3* 1934 973* 13 .... Bid Dixie Home Stores. 1 Creole Petrol Croft Brewing Par Per 134 53* % % 23 5 Stocks Seagrams Ltd Creameries of Am $3.50 nref Cream of Wheat 2 lishing Co 1034 0% 7 pf.._100 the date of Issue share Crowell Collier Pub¬ 7 Case Pure 123 3 Carter (J W) Co Oasco Products Chester 115 ;_* * r 25 com conv Crompton & Kn'les * Crosley Corn Cohen (Dan) Co * Cohn & Rosenb'ger * Carpel Corp Carpenter Steel Carrier Corp Corp Checker Cab 133 35 142 of Los Angeles of New York Coca-Cola Co 334 3 343* Oockshutt Plow Co.....* Preferred .... 130 1st preferred.. 100 Fibre 50 120 19 5% 3234 Champion 23* 130 Carman & Co A Class B. -j. 28 120 120 4% 78 67 Chambersberg 273* 5% Orocker-Wheeler Coca-Cola Intern..* Carey (Philip) * 6% preferred.. 100 6% preferred.. 100 Oarlb Syndicate.25c Chain Belt Crane Co 5 110 Carborundum Co..* Cen Vloletta 1034 * Pro I.* Carbon Monoxide Eliminator * Central 10 ' Capital City 5% 1% 1% 1A Cramp (Wm) & Sons Ship 100 43* 3* cl A .20 conv 3434 134 ..* com % 5 1 1 33 • 100 Cluett Pea body * 7 % preferred- . 100 Coca-Cola Bottling of Cincinnati * 10 1 734 Aluminum Utensil 6% Am dep rets ord£l Covered Wagon Co JS 100 Can Locomotive Carnation • Preferred 8% preferred.. 100 r 101 Ol B non-voting. * Climax Molyb¬ denum Co Club 6 Can Indus Alcohol— Ol A voting * * Olinchfield Coal. 100 Preferred 100 r 120 Canadian Colonial Airways Canadian Dredge Cleve Tractor. 50 $1.50 1 com Courier Post pref 100 Oourtaulds Ltd— 34 Cleveland Hobbing Mach com 4 32 Preferred 100 r Canadian Canners.* Celanese Bronze 3334 6 Clayton & Lambert * Cleveland Graphite 25"" Cosmocolor Corp. Coty Inc com Coty Internat'l g Ask Bid Per 108 105 Claude Neon Lt—1 Par 63* 33* 1634 3 1534 3234 1 Stocks share 534 City & Sub Homes 10 "51ty Stores 5 50 Ask Bid Per 1334 Canadian Airways.* Canadian Bronze. .* Par 87 stocks possible for the closing day of the month precedlr share 16% * B Stocks miscellaneous & are as near as t New stock, r Ex-dividend. - - «• - - 334 Quotations for all securities Stocks Ask Bid Par Per 101% Fafnir Bearing— 25 123 47% ~4% 37 % 9% 4% 3% Gen 38 9% 4% 93 19 % 20 6*/, 25c 5c % * Fedders Mfg -.5 Federal Bake Shops* Preferred 30 Preferred 18% 2% 34% Ltd— Fireproofing. : * . 7% preferred--100 117 ill* 7 8, Machinery—* 4 % % preferred 100 19 20% 9% 25 10% 30 Gen preferred. 100 5% 32% 34 11 Motors. _10 General $5 9% Gen * Mills General * preferred Optical pref --* 3 1% 19 % 20 % Dyeing com. 100 23 100 74 13% 3% 2% 20 93% 21% 30 14 % 14% Flat Am dep rets.. 12% A 14 23 26* 11 20% --* * Common Class A 6% preferred..100 General Print Ink.. 1 * * Gen Ry Signal .* 6% preferred-.100 $6 preferred Gen Rayon A stk. Gen Ferro Enamel. - Refractories..* General Shoe 1 Steel Casting.* Gen * $6 conv pref Gen Theat Equip. Gen Time Tnstru..* Finch Telecommuni¬ 6% preferred. .100 .1 Gen Tire & Rub— 5 6% cum pref A 100 Firestone Tire & Rub Common 10 14 A .100 90 First Nat Stores—* Fishman (M H) —» 100 Preferred Fisk Corp.! Rubber Flintkote Co com..* Fla Portld Cem u t s_ * Florence Stove Florsheim Shoe com* 40 % 7 84 10% 14% 64% 27 % 20 % 14% 92% 41% 8% 87% 11% 1 * Fohs Oil Follansbee Bros 4% * 1% * Preferred 10 13 5% 18 % 1 100 Preferred Food Devices 20c Food Machinery.. 10 4%sconv pref. 100 Foote Bros Mach Gear 5 22 6 20% 26 107 5% 8% 15% * 11 h 12% * 11% 13 % Ft Worth Stk Yds.* Foster Wheeler. .10 $7 conv pref....* Foundation Co 1 Foundation Co of Canada * Fox Film class A. Fox (Pe'er) Brew__6 F-R Publishing * Francisco Sugar Franklin Co Coal * - Franklin Shops Preferred. 18 1 19 15 12 17" 17* * Preferred * Goebel Brewing Golconda Petrol 1 * 50 * com $5 conv pref * Goodyear T & R of * 50 8 8 9% Gotham 31 ~3% "4% 93 95 pref. 100 9% Fuhrman & Schmidt 1 25c Ex-div 1 $3 convertible:._* conv pref. 100 Gabriel Co cl A— com $3 Preferred 14% 17% 37% 1% 2% * certifs.. 17 Gt Atl & Pac Non vot 10 * com * 98 99 Great Nor Pap 25 Great West Sugar. _• 1 Garlock Packing...* Gar Wood Indu-t—3 9 24 10% 49% 4% 51% (Ohio).* 7% preferred.. 10n Greenf'Id T'p & Die* $6 preferred. .100 SI.50 preferred..* Green (H L) Co 1 10% 47 55 Greyhound 5 11 13 5 % % preferred. 10 Griesedieck Western Conv preferred-20 16 18 Class * A Without par value, a Brew Corp..* * 100 25 Hiawatha Oil & Gas Common 5 Preferred 10 Hickock Oil cl A 1 Hilton-Davis Chem Common 1 $1% preferred. .5 Hlnde & Dauch 10 $5 conv pref..100 Hires (C E) com Hobart Mfg A 1 Holland Furnace_10 Hotophane Co * Holly Sugar 1 7% Preferred.. 100 23% 5% 6% 94 128% 2% 39% 20% 131 8 57 14% 82% 126% 18% 134 9 61 5 3% 5% 5$ % % % lA 1% 2% 4% Indian Terr Ilium 1 Class B 1 Indus Accep Corp— Cum pref v t c_-_* 4 * * Steel . 2% 20% Int Business Mach.* Int'l Cellucotton..* Int Cigar Mach » 5% 8% 11 83 25% 104% 2% 7% k 22 145 142 33 Publishing pref..* 20H 93 Internat 165 Indus International 11% % 60 Internat nfnoc Int 84 57% 109% 9% * Metal 1% 6% 13% Power com.. Internat shares--* * 28 12 9% 1 100 50 Int Safety Razor B-* Internat Salt * 33 * 29 Preferred Internat Shoe Silver 7 % preferred 50 Internat -100 _ Airplane Engine 10 Interstate Bakeries* $5 preferred * Interstate Dept St's* 7% preferred-.100 Equipment -1 Hosiery Mills com Intertype Corp Preferred w Jackson (Byron) see Jacobs (F L) Co— 1 Jarvis (W B) Co—-1 * * Houdry Process..10 Houston Oil Field Material com 1 SI .50 conv pref.20 Houston Gil (Te^— •_ 3 Jeannette Glass 6 Jefferson Lake Sul % Preferred 10 29% 109% 18 ■18 8 90 78 23% 96 % 8% 8% * 25 * Cereal 11% 2* 7 16 if* 3* •B" 2 12% ll* 1 1% 2% 3 16* 8% 18% 15 Tea. 42 43" Johns-ManvlUe— 65 66% 127% Jewel 17 — Jenkins Bros Jersey 105 7% preferred.-100 10 125 %6 Johnson Pub 1% Johnson Stevens & 32 Shinkle 34 12% 12% 40 45 Johnson 2% 2 15 17 1st preferred..100 52 1 % 4 16% 1% 22 - - - 6 15% r Canadian Tin Foil 100 Naumb'g2% Jones & Lamson 70 1% 39 2 40% Jones & Laughlln 17 3% 15 13% Shoe —* & Metal Jonas & Howe Scale com...* preferred * Hubbell (Harvey).5 98 % 6% 1% 21% w._25 14% _ 4 5% 15% 3% 13% 34 15 % * Irving Air Chute—1 Irving (John) Shoe.l 29 19 101 10 10 Ironer Ironrite 108% 30 17% * 10 5% nrpferred 100 Horn & Hard't Bak * Hotel Stafler com.* 34* Interstate Iron Fireman vtc__* 10 101 2% 4% 60 " 95 * 29 Horn (AC) com ,.1 Prior preferred..5 Horn Hard't(NY).* 3 * 95 _ 10 • Pulp 10% 11% 3% 2% Interstate Home— 8 1% 6% 29% 12% 6 10% Internat. & 27 , Internat Prod Tnt Vitamin Corp__l 6% 15% 62 Petroleum Coupon Interstate 23 6% 27% 3% 3 14% 17 6% 135 15% 61% 15 pref--100 conv Warrants 97 35% 121 cum Int Text Book "9 4% 27% ♦ pref. .100 International Paper 6 1% 12 Ind A Registered shs 7% 7% 10% 6% £1 Nickel" (Can) II* 7% 127% 21% I 12* 45% 160 Match Realization Tnt Mercan Mar 26 15% 9* 45% 154% 1% 7% preferred--100 100 n Nominal, 104 Internat Elevating40 In^ Harvester * Horder's Inc com._* Hormel & Co com. * k Last sale, 2% 157 81% 24% * 14 2 2d 93% Int. 24% 24 116 _ 23 92 . 94 Chemical com.100 Class B. 1% 22% 145 * Agricultural._* 7% prior pref. 100 21 Holt (H) & Co A__* Hooker Electro Preferred 44 100 Indus Brown Hoist— Interlake Tron 19 11 111. 2% 76 12% Vot tr ctfs com 25 Vot tr ctfs 6% pf25 Howard Aircraft 1 23 il* 5% % 21 21 * Indiana PlpeLlne7% Indian Refining.. 10 "8% 102 16 10% Indiana Gas & Cbem Common 5 Inland 5% 5% 30% 17% 11% 10% 7% 15 Tndian Motocycle..* Preferred 10 Interchemlcal Corp * 6 % preferred 100 Intercont Rubber..* 105 18 5%% pref—.25 Called for redemption, see page 54* 30 25 . 3 41% 20% 10 9 & Irel'd 11% 5 8% 8% 9% 91% 150% 10% * Common * Hoi lander (A) A: Son 5 123 30 *8 74 25 37 93% 17% 10% Hevden Cheniioal.lO Common 1st B pref... Brit Industrial Rayon Ingersoll Rand * 6% preferred—100 101 8 32 12% 9% 11% * 1st pref v t c 2d pref v t c 7% * 7% preferred—.21 2% 6% 7% 7% ?8 of Canada cora__5 Common 2 5 nref 15 6 6% ~4% 53% 101% 25 * common Preferred Class A 5 12 Gaylord Container 5 5% conv pref.-50 Gen Accept'ce Corp _ Houdaille-IIershey— Great Lakes Term pref..25 . 13 90 Common Powder 42% 87 6% conv Cement. 11 * W'house 1 40 pref & Co Royalties % 9 6% 95 Hendrlck Ranch • Great Lakes SS Inc— 25 7% non-cumpflOO Hendey Mach * 100 19 ref A 6% preferred .25 7% preferred .100 Hotel Waldorf-Ast.l 1st preferred--100 Great Lakes Paper 6% pref 1 * 12 50% 27% Internat Educational 23% 11% - 2% 5% 5% 20 Hoe (R) class A..10 Prior pref 65 1% 30% % 4% • $3 pref - 1% 6 88 5 Hecker Prod com Helena Rub'stein conv 38 3 £1 Oil non-vot A pref. .50 1 Tea 18 (J) 57% 21 S1.80 prior pref-. * Gray Mfg Co 12% I 75 24 * Gannett Co 68% 55 47% 10 Houston* SO conv Garfinckel 16 87 43 100 Co conv 15% 84% 33% Gamewell $6 52 51 11 20 ■II* 12% 32% 22% 3% Galveston 16 35 Granite City Steel 39 1% 2% % 2% 12 -- Heywood-Wakefield 2% % 33% 55 135 19 2 Hewitt Rubber.. 95 92 52 125 Hearst Consol Pub $4 6 Grant tW T) com. 10 PrMeiTed 4% 5% Grand Union— 5% preferred 20 Graton & Knight-_* 9% .5 Varn.l Raps Com div certifs..* 17 21 19 Silk Hosiery com * 7% preferred..100 Graham-Paige Mot 1 Grand * Hershey Chocolate.* A 6 30% 6 % % pref w w 100 Hatfield-Campbell * Prior preferred 12 Partic pref 100 Haverty Furn Cos— Conv pref * Hawley Pulp & Papl 6% preferred.. 100 Hershey Creamery. * 2% 35 F) $5 preferred Goodyear Tire & com 1 n-v Hercules Motors._ 2% , 2% 4% Hercules 21J 36 110% 26% Am dep rets ord £1 4% __1 5 Hat Corp class A..1 Hercules 100 Imperial Oil Ltd Registered shs Imperial Tobacco or G * ... 7% class A pref.25 6% 6% 8% 14% 44% 24% 2 * * Indus rets 14% 4 1% Class 1% JX Imperial Chemical 150 13% Harvard Brewing. .1 Harvill Aircraft Common 36 Ideal Cement 21% 126 100 Hart & Cooley 25 Hartford Times...* conv 20c Imperial Tobacco 6% preferred__100 Harrisburg Steel 6 Harris Seybold Potter com * 6% 10c 1% pref..25 conv 44 6% 47% ygrade Foo • Prod5 25 20% Hazeltine Corp Hearns Dept Stores 3% 3% % 5 42 1% 18% 29% 4% 6% 55% irA 1 97" 100 Hygrade Sylvan 6%s conv pref 17 98% 21% 7 4% 5% 8% 30c Hazel-Atlas Glass.25 44 H 3% 50c 7% 11% Bros— * 22 com. * Class B S3 preferred 9 Fuller (G A) Co— Common Class A Preferred 20 _ 6% 25 104% 26 6 Canada l2% 103 4% 5% Common . 7% 6% 10% 25% 5 * * Preferred 100 Huylers Inc., com:. l 7% pref unstpd 100 7% prefstmpd 100 Hyde Park Brew. 10 Hydraulic Press com # 10 48% Huttle Sash&Door 5 15 12$ % 50 6% pref 100 Hydraulic Press Mfg 23 21 Refractories com * Tnh 17 51 1 Chemical* Hartman 14% 16 12 6% Brick 14% 20 Harlow Aircraft 4 9 1 2 52c 4% 40% 3% $5 cum pref Happiness Candy. Preferred 5% 5 6% 5 18% 1% 14% 1H 29% 4 51% 51% Fibre Common. 6% preferred...20 Hupp Motor.. 1 Hussmann-Llgonler * 23 $7 preferred Hayes Indus Hayes Mfg Haytian Corp 45c 28 A) HummeJ-Rosa Hunter Steel com..* 8 50 * (James) Preferred Hanna (M % 4% 20 20 14% 102% 23% 3% 40% . 11% 102% 3% 3% 73 Rubber 4 $6 preferred 100 Hammermill Pap.10 Hammond Instruml Preferred 50 Class H 9% 18% 4 * * 15 2% 25 68 Gobel (Adolf) Co.-l Godchaux Sugar— Preferred 1% Diecasting Haskelite Mfg 11 pref..100 1 3% 25 Wernicke—* * Preferred Goldblatt 1% Watch._* $5 preferred 7 109% % 12% 116 Goodrich (B 21 com * * Co 4 % % conv pref 50 Globe-Democrat Globe 12 29 Helme (G W) * & Co Goodall Rubber 15 2% 2% 54 Good Humor Corp 11% 11% 96 * 14% 2 4% 48 Gladding McBean Glidden S'ig__* 8% preferred-.100 Gulfboard Oil 1 Gulf Oil Corp 25 Gypsum Lime & Alabaster Ltd.* Hajoca Corp * Preferred 100 Hall Lamp com—5 Hall (W FiPrint'g 10 Haloid Co 5 Harbison-Walker 100 6 82 1 common — 1% share 3% Hudson Mot Car..* Humble Oil & Ref.. * 7 Guantanamo 48% 125% 103 24% 10% 1% 24% 9% 16% * 14 Partic conv pref 15 Fruehauf Trailer .1 Galr (Robert) Bros 10 -100 Fuller Brush Gimbel 75 Froedtert Grain & Brewing » Gorham Mfg 10 Gorton-Pew Fish..* Freeport Sulphur. 10 French Investing..* conv * Gorham Inc Preferred 10 Franklin Ry Sup..* 5% Preferred Glen Alden Coal 1 Class B Malt * Gilchrist Co Publish rets 98 34% 3 4% 7% 14% % 12% $5 c nv pref * Gilmer (L H)__—5 1 17% Warrants Hamilton 2 % Ask Bid Par Per 2000 4 Engineering com 1 Harshaw 80 6% 5% 55 25 105 74 108 3" Class A Preferred Arrear dtfs Gleaner Harvester.* i 4% 42% Gillette Saf Razor.* Ford Motor France den Preferred 18 128 7 2 Am dep rets ord_. Ford Mot of Can— Formica Insulation * 5 50 com Giddlngs & Lewis—2 Gilbert (A O) * & com Preferred 100 Foote Burt com * Ford Motor Ltd— Am Cement $6 preferred 10 com w 92"" 90 Giant Portland 28% 15 New pref w i_-100 Folmer Graflex * 1 Class B com Gibson Art Follansbee Steel New Genessee Brew A—1 15 Flour Mills of Amer Preferred 99 127% 48% 124% Gen Outdoor Adv't'g 13% 6% preferred. .25 Grumman Aircraft Hanley 41% 14.50 preferred--* Federated Puhlfca's* ser it* 109 5 Fenton United Clean 6% pref 12% 14% 3 „ 1700 .. 4% Am dep rets reg £1 Gen Fire Exting— Gen Foods Corp—* 89 _ 4% 2 Fed Screw Works. cations com 14 111 4% 1% Elec t* 109 -100 Crude Oil-.2% General 1 Fidello Brewery—.1 6th Ave Coach—25 Filene's (W m) Sons 5 62 21% Federated Dept Sts * 4 H % preferred 100 & 1 2% 17% 20% 9% 12 % & Federal Match units Federal Mogul 5 Federal Motor Tr—* 10 1 2% 54 Gen Development 20 General Electric—* Federal Compress & Warehouse 25 53* 150* Group No. 1 Oil---* Group No. 2 Oil—-1 Gruen Watch -.1 Stocks share 1% Prod-25c Groc Store 7% preferred--100 Gen 9% 1 i 7 % preferred - 1 Per * Class A---.-—- * Gen Radio Preferred Gen Bottlers com.l General Box Corp.l General Bronze 5 20 Fashion Park com_* com 6% 136 10 Gen Cigar common Farnsworth Telev & Machine 50 GenAniline&FilmA * General Baking—5 JS i s t pref * 5* 89 0p8 Far ben Ind Welder 5% 46% Ask Bid Par Stocks 3 5 10 Amer Trans..5 common ts Preferred of the month preceding the date of Issue share 3* General Cable Fanny F'mer Cand-* Fansteel Metallurg"* Federal * Mloys Co Pref (stamp) 10 General Amer Oil of 35 Fairbanks 8% preferred. 100 Fairbanks Morse. _* Falrchild Avlatlon.l Fairchlld Eng & Alrl Fairfield West Md Dairy 6% pref Fajardo Sugar 20 Falstaff Brewery--1 Famlse Corp 50c Class A 2 Famous Players Can Co p com-.l Gen Tex 34 7% preferred--100 Co 25 Per % 55 133 2% Ask Bid Par Stocks share Exch Buffet Corp.-* Ex Lax Mfg A 10 Faber Coe Gregg * Preferred 100 Fair (The) Chicago * near as possible for the closing day are as STOCKS MISCELLANEOUS & INDUSTRIAL 88 - - 18 price, Steel common. 100 7% preferred:-100 Joy Mfg 1 lulian & Kokenge..* Kahn's (E) Sons..* 1st pref 100 Kalamazoo Stove & Furnace com—10 t New stock, x ??* i* 13 22% 72% 14% IIS 103 10% Ex-dividend. 12 INDUSTRIAL SEPT., 1940] ^notations for all securities Stocks Ask Bid Par Dept 26 30 67 71 Link-Belt Oo Lion Oil 86 5% conv pref.100 Kay nee 10 95 Kayser (Jul) & Co.5 Keith- Albee-Orph— 7% conv pre' 100 98 ' — 9% 103% Keller Tire % 1% 19% 20 % 1 Kellogg Co.. Kelly Springfield 19 * nnX Brothers.. Locomotive Firebox* 86.50 1% IX 5 common Conv class A Class B * Loew's Inc. com cum ..1 pref.l* fiOft Inc Kelsey-Hayes Wheel * Loft CandyCorp 14 .1 14% 6% 6% 1 . l/ine Star Cement.* Kemper McMillan.. Kendall Refining. 10 Kennedys inc ..5 23 27 14% 15% 6% $5 preferred 100 Longhorn Portland $i .25conv pref..* Ken-Rad Tube & 15 5% Preferred ... one 25 29 11% vtcl Key Co common. _* Keyes Fibre com..* 6 1st 1% 4% 2nd preferred .100 Class A. * 3 Preferred * 45 55 13% 13% Louisiana Ice & El 38 42 Ludlow Valve com.* Keystone Steel & Wire common * Keystone Watch Case ____16 2-3 Kimberly-Clark * Kinner Motors 33 Knuasen 6% 34% May 15 7% 1% l% 22% 8% IX IX IX 23% 47 53 1 . * * 8 32 9 | 3% Tx\ 7 % OH 10 8% 24 X 25 20 11X 5X 12 X • 86 50 r 30% 122 .1 6% 6% * 4% 6% 20 17 1 44 47"" Lake of the Woods 15% * r 16% 25 ~3H "3% 12 X 13 24 X 26 X Landis Machine. .25 T% Bryant inc..* 7% preferred Lanett Bleachery 100 .. Wells Co l 10X 5X Aug. 10 Glass B. 10 X 11X 12 15 X 6 4X 3X * Lawrence Portland 3 * 1 10U Lincoln Stores Preferred Line Material * No nar -.5 value. % 2% 24% 85 1% 29 % 40% 6% % % 3 - - — Marion St Shov * Marshall Field fit Oo* Preferred Master Electric 100 1 Master Tire & Rub* Preferred * _ Math'son Alkali 19% 22 * 20 52 • - - - % 1% 12% 13% 14 16 1 McOrory Stores 1 Conv 6% pref.100 Electric. .1 McGraw-Hill Pub.* 1% 12 9 13% 102% 2 22% Sts com.l pref. 100 Mead Corp com * 16 nreferred ser \ * com • 10 1 Meruit* I 5% 'o conv 1st .1 pf_50 common 35 1% 15% 108% 25 7% 22 6% 108 38 6 o 77 66 80 139 142 68% 10 2% 14% 10 11% 3% 3% 25 B__* Moody's Invest Serv part pref * Moore Corp com..* Preferred A 3% 15% 9% JbLast sale. — 56% 110% 57% 3% 3% 10 American shares. . Motor Finance com Conv preferred..* Motor Improvem'tl Motor Products—* M0t Wheel Corp. .5 10 Moxie Co pref 77 17% 158 140 63 94 com Steel Castings __* 5% Nat Mfrs &Stores._* Type— 1 5% preferred 50 Nat Pumps Corp..* 10 Preferred 10 x Radiator Nat Refining com..* 21% 30 Nat Steel Com—25 60% * 16 nreferred Nat Sugar Refg—_* National Supply— 7 % preferred. 13 100 Nat Supply (Pa)..10 5%% pr pref..100 6 5% 107 102 10-year 12 nref 40 6% Drior pref.100 Nat Tea common._* Natomas 6% 41 % 2 2% 90% 90 115% 117% 41% 116 160 162 « 120 42 2 1% 26 28 21% 23% 43% • Co 5% 35% 9% 36 5 7% 2% 9% % 8% * 8 Nazareth Cement .10 Preferred 100 86 Navarro Oil 3 1% Nebel (Oscar) pref.* Nehi Corp com * 9% * 84% 1st preferred Neisner Bros 1 4 % % conv pfd 100 Nelson (Herman)5 Neptune Meter A__* 8% preferred..100 Nestie-Le Mur cl New Bedford 17 75 3% 5% 82 A * Newberry (J J) Co.* 5% p-eferred—100 40 103 Cord 5 7 Preferred —100 110 common age 42 7 43 _ 10 National Tool 1 Nat Transit 12.50 Nat Union Radio 30c New Britain Mach * New Eng Gr'n Prodi New England Lime * units 61* 63 New Hav Cl com..* 34 37 New Idea 76% 77% ._* com 40% 29 6 4% 13% New Mexico fit Land Arizona * Newport Indus I Newport News Ship- 92 "2% 1% bid g fit 7% Dry Dock Common. 1 21 22 24 New Process pref..* Co * 101 % 28 85 90 N Y Auction * N Y * 2% 41% N Y Dock 6 4% 3% 3 12% 13 15% 5% 1% 16 5% 2% 20% 15 2 3 15 15 3% 3 34 74 5% preferred.. 100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Piston 110 78" 12% 7% 9 non-cum pf * Y Transit File 7 * * 29% Founders shares. 1 Nicholson 5% 20% 17% 5% 28% N Y Shipbuilding-.1 1900 3 5 Corp— Class A Class B com com 1 8 Niles-Bement-Pond * 62% Noblitt-Sparks 26 5 Noma Elec Corp 1 North Amer Av1a__l 3% 17% Amer Cement Common 1 1 11% Class A 1 3 14% 8 ' * "6% 66 43% 12% Air Brake North 6% 10% conv N Y Merchandise. 10 N 3 * Myles Standish vtc* Nachman Springf--* 4% 21 13 2.50 i* 5% 2 3 12% Muskogee Co...--* Preferred 100 Mrers (FE)<fc Bros.* 2% 21% 57 12% 100 33% 100 Nat Steel Car Ltd.* M-iosmgwear Inc..* Munson SS pref A_* VamishlOO 2% 45 Nat Shirt Sh Del..* 32 "C" units 19 Nat Rub Mach 29 r 8% 13% 7% 10% 8% 8% 10% 19% Nominal 30 40 Mueller Brass Co._l Muliins Mfg Corp— Class B 1 17 conv pref * Murphy (G C) 4% 6% 21 100 Mtge Bk of Colombia Mountain Prod 1351 112 9 Drill fit Machinery.. 100 Mortbon Corp A..1 n .100 nref B-. Common 103 100 r 158 100 r 238 Moore (Tom) Dist.l Moore Drop For A_* Morrell(John) & Co* Morris (Philip) fit Co Ltd iSU 112 6% prefe" ed_100 Nat Lock Washer .20 Nat Paper fit 43 41% 2 ^ Preferred 100 5%% preferred..* 95 (vlciss A Murphy 10 Lead Nat Oil Products._4 * Monticello Tobac.-l Monumental Radio 1 Ring com 28% 111 National 1 100 $4.50 p7 ser A—* \ Gas—..* 10 vionolith Portland Morse Twist 1 _ Fuel Natl Gypsum com.l ft4.50 conv pref..* Nat Licorice 1% 7% 3% % Midwest pref.. 10 Monsanto Chem__ 10 48"' 20 ClassA.... 6% 109 108% 1% 6% 3% Monarch Mach T'l • 87' 28% 17 2% Monogram Pictures 1 5% 110 16 3% % 13 2% 101% 25% Fnam fit 8tpa_* 7% pref A 1 102 7% 4% 6% 95% 32% 118 6% 40% 6% 2i% 32 116 Molvhdenum Corn I 28 * preferred-..50 Class B 8% Moloney Electric A* Preferred B Hist, "Prod 6% Nat ' 1 10 Nat. % 31 31% 8% 28% 104% 2% * 10 6% nreferred 3% 5 100 Cum pref ser Nat, Dept Storps 12 J Nat Food Products 25 3 89 Preferred Preferred 53% 13% 103% "§" * .._* Nat Chem fit Mfg._l Nat Container (Del) 1 Nat Cylinder Gas._l Nat Dairy Prod * 7% pref class A100 7% pref class B109 Nit 22 3% 24 13 12% Judson— Preferred 30 * ft7 National Drug— 13% 5% 5% 1 5% 12% 4% 58 14% 100% 5 Mohawk Carpet-.20 Mohawk Rubber. _* 29% 1% 2% % 4% 7% Barge Model Laundry 5 Plate coin..... 10 Preferred Melville Shoe Line 2% 28% 47 7 3 1.05 22 27% % 3% 25 Pine Line A 28 20 8* 6 B common.. Montgomery Ward * 31% 8% 27% 102% 5% 10 Missouri Kansas 2% 27 52 "1% 25 13% 14 8 10 % 1% common Voehringer.Co2.50 85c % 4 6 108 com Preferred Mississippi Glass— Valley Nat Casket Nat. Cash Reg Nat Class B 1 Mo Port! foment.25 2o % 19*' 166% 18% 6% Candy._ 1st preferred. .100 2d preferred—100 15c 3% 8 Miss * 8% 100 Natlon'l Malleable & * 7* 3^ I 10 . Aluminum Fdy..* National .... 100 33 A Nat. Bellas-Hess 4 pref..* cum 100 Nat Biscuit 40 125 Mission Corp 10 Mission Dry Corp.l Mission Oil 1 ft6.50 7 18 Nat Breweries National Bronze fit 115 5% 19% 6% 6% conv pref__10 Nat Bearing Metals* 7°£ n«*pf'irTed-. 190 2 1% 35% 100 Airlines. .1 Preferred % % * * 1 Fibres common..1 28 Corp— pref Nat Acme Co 72 % 27% 1 1 Power Imolera 1 2 McKeemort Tin McKesson-Robb'ns 5 $3 conv pref * Oil conv 4% Minneapolis-Moline 2 12% ..* Oil 4% pref se- B.100 Minn Min fit Mfg..* 7 41 Preferred 100 McCord Rad cl A--* Class B * "fe Regulator 12 * Called for redemption, see page 111. 11 36 Mead Johnson T Gas Supply common.* Midwest Refining .1 M 11 r (F> Son" com 5 8% preferred 50 Milton Bradley pflOO Minneap-Honeyweil 25% % 3% 69% X 16 Nast (Conde) see O Nat'onal Automotive Midwest Piping fit 23% Refinin: pref. .100 conv M ch Mid-West Abras.50c Midwest Oil 10 12 90 5% preferred-.100 21% - 1st $3 pref _-___* $3 cum pf w w _.* McCahan Sugar Oil Co 1 iMidivale Co 1% 1% 167 S5.50pfserBww* 3% 3% 30 132 % 100 8% 1st nref 100 12 n-c div shares.* 10 8 28% 29 64% 116% National 5c* __1 25 Co. Nash-Kelvimtor ..5 15 12% Rumper 55 Paper.. 11% * Mich Chemical and Gum 14% 1 Midland Steel Products com.* "I % 124 6% 1% Nash 1 com 10 Meyer BlankeCo..* ft2 23 7% nreferred-.100 May Dept Stores. 10 Maytag Co * McQuay NorrlsMfg* v McWilliams Dredge* 98 99 - 100 1% 22 10 Preferred 100 Marlin Rockwell..I 6% 181 19% 2% r Preferred 100 r 4% Maracaibo Oil Exp. 1 % 29 Marathon Paper. .25 100 Preferred 100 McLellan 39 96% 97% 18% 20% 2% 2% 17% 44% 19% 107% 9% - 7 6% a Preferred McGraw 5 5% % 176 _ 34 40 7% preferred.. 100 Lily Tulip Cup.. .* Mtge 8 6% J* Assn Coated 54% Mexico-Ohio Oil Class A vtc.. Class B vtc * McOall Corp: 37 oreferred.50 4 18 * . Bid Per 3 62% Par Narragansett Racing Nashua Mexican Petrol Mock McCoII-Froutenac .5 Lig fit Myers Tob.25 Common B 25 Prior 1% 3% 27% 3% 100 Lincoln Service. 108 % Savers Corp Lincoln 21 % 2% Lib. 7 Mansfield Tire & Rubber com 11% i3% 83 Locom Wks * Lincoln Bldg v t c. .1 57% 1% * common 65c 100 1 $5 conv Manhattan Shirt.25 Manlschewitz (B) J*** Manning Bowman St Co com Micromatic Hone._l Midcont'I Airlines— Common 1 Mid-Oont Petrol ..10 Middle States Pet— 2% 14 92 1 pref....* 11% 13% 23 Lima 19% 3 100 25% 10% 50 Mich Steel Cast 1 Mich Steel Tube.2% Michigan Sugar * "ref'-rred in 154 10 Option warrants.. Mandel Bros Inc..* 50c * 1 Le Tourneau (R G)1 Lewis (Edgar P)pf 10 Ley (Fred T) & Oo * Llbbey-Owens- Ford * Liberty Aircraft... 1 Liberty Baking * Life 21% % 4% 2% 31 Refining-3 fit 3 1 Prod .6 Preferred 2% 3% Leonard Oil Devel 25 Lib McNeil 8 2% 19% 105% Lemp (Wm J) Brew5 4%% pref Lesstngs inc 6 % 4% conv pref.100 Lehigb Vailed Coal * 6% cum conv pf 50 Lehigh & WilkesBarre Corp. * Stores 13 11% Len Coal & Nav * Lb'- I'o.'tl Cement.25 Leonard 27 , 21 Lerner 110 19% 151 2 13 55 % 85 4 6% preferred ..100 MarshallWells pf 100 Martin (Glen L)___l Martin Parry Corp * Masonite Corp * 5% A conv pf.100 Massey-Harrls * 10c Lefcourt Rlty Corp 1 Conv pref * Leland Electric 4 24 lament 100 Lea Fabrics * Lebanon Steel & rr. 1 Lee Rub fit Tire ..5 Lehn fit Fink 165 1 10 22% Lino.* Preferred New preferred w i* com 115 M'ch 14% 109% * Maior Marketing.. 1 Mallory (P R) * Maltine Co Manati Sugar 6% preferred..109 Metrop Playhouse.* 18% i 1O0 Margay Oil Corp..* Langendorf United Lanova Corp 1 Lanston Monotype Machine Co.. 100 Lautaro Nitrate A.l com Preferred Mahoninor Inves* 35 Common 25c Partlc pref'ence.15 Metal fit Thermit..* Preferred 100 65 11 Mapes Cons Mfg..* Maple Leaf Mill...* 37 Bakeries class A.* MacWhyte Co— 8% preferred..100 Macy (R FD Co Inc * Mad Sq Garden * Magazine Repeating Manufac's Trading 1 r Landers. Frary fit Clark Mack Trucks Inc..* Mangel Stores. Laclede-Christy 100 Lakev Fdy <fc Mach 1 Lambert Co .* 21 % 34% 3% 135 100 Majestic Radio wi lc 5% 30 X 121 1st preferred.. 100 2d preferred..100 | 3X 10 6% preferred-.100 Macfadden Newsp.* Macfadden Pub * Preferred * Razor 82 Special pref 10 Kreuger (G> Brew.l Kroger Grocery fit Baking common * Lane Mac And A: Forb 30 Midland * Lvon Metal ^rod.lO 9% Kress (S II) W Preferred ..50 . 6%% pref 100 Airpl_50c Corp 5 75 ► Milling pref._-.20 Luscombe i 2% 42% 24 % Clay Products Laclede Steel Lago Petroleum .* 1 Lynch 12 m * Kysor Heater n-c Lukens Steel 2 11* __l pref .100 Common 7% preferred.. 100 Koppers Co 6%nfl00 Kresge Dept Stores 1 4% preferred..100 Kresge (S S) Co.. 10 Lane 5% Creamery- cum - 102% Lunkenheimer Co— Kinney (G R) Inc.,1 $5 prior pref ♦ Klrby Lumber 100 Kir by Petrol 1 Klein (D E) Co * Kleinert Rubber..10 Knapp-Monarch __* Kobacker Stores 10 7% nreferred ""%« 1 Preferred Knott Corp (P) Louisville Cem. .100 100 k 112 Preferred Lorillard Loudon Packing King Oil 1 Kingsbury Brew 1 King Seeley cora__l Kingston Products. 1 • preferred.. 100 Preferred 100 Merck & Co com..l Mesabi fron 1 Mesta Machine 5 Metal Textile Corp 26 H 62 8% 13 6%% nref A100 Warrants 12 14% 103 11 Mer mnth'l^r 13% 27% 6% 3% 101^ Transportation * Merchants Refrig..* Merrimac Hat.....* %s * Preferred 100 Merchants <fc Miners Scott 21% 100 5% nrpfer-ed .100 Lord St Taylor..100 12% .... Wiles 16 97 Merritt, Chapman fit 33 Bis. .25 Longwest Corn Loose 13% . Stocks share 94 Preferred 100,. 17% Ask Bid Mercantile Stores._* . 164 14% 4% 1% 5% 25% * Oemen*com; 3% Lamp A. »._* Kensico Cemetery Association 100 Kentucky S 17 Par Per 34% 9% 8% 10% 32 13 13 12% 27% 1 _ Long Bell Lum A..* Common •_...* . • Lit Locke Steel Chain.5 Lockheed Air Craft. 1 ' Colorfilm Kellett Autogiro 25 Liquid Carbonic—* Llquidometer Corp 1 7 15 X 14% 4% 1 Loblaw Groc Ltd A* Class B * 20 Dorian 9% Preferred...'..100 Keith (Geo E) Co— 7% preferred.. 100 7% Class A... 6 % oreferred 5% 8% 8% • * Stocks share 33 X 10 Refg Ask Bid Lipton (Thomas J)— 100 4% 100 Preferred 12% 11% __1 * Lionel Corp.... Lion Match St's Common Par 89 STOCKS possible for the closing day of the month preceding the date of Issue Per 2 Kane Carburetor. _* KOStk Yds Me. 100 Preferred 100 Kaufman Stocks share Per MISCELLANEOUS & ire as near as 45 11 Canadian price, pref Class B pmf .1 No Am Refractories Class A... * Class B * 6 % % preferredl 00 North Central Texas Oil f New stock. 5 4 % 20 2% month preceding the date of Issue Quotation! for all securities are as near as possible for the closing day of the Stocks Par share Per North German Lloyd Amer shares North Sc Judd 26 North Pipe Line.. 10 9 32" 30 63* 63* Northrop Aircraft 1 Class A. Warrants Northwest Airlines N'weet Engine _ 53* 234 * ¥ \iH * N'west Yeast 100 Norwalk Tire& Rub* 32 7% preferred. -60 Norw Pharmacal.2 34 . Novadel Agene Noxzema Chem Nu-Enamel 1334 3034 434 * 1 1 Oceanic Trading. 10c 24 100 * r 140 _ 32 51% i. 78 134 r Preferred Ohio Brass B Ohio Forge & Machine Corp Ohio Leather Ohio Match Ohio Oil H34 1 32 1 78 Ogillve Flour Mills.* 31 160 18 18?* 16 1? 6% preferred—100 103* 634 934 63* 1003* 102 .* Ohio Rubber Ohio Seamless Tube5 6% preferred .* 4H 65 70 143* 1534 30 334 214 1014 28 3 O'Sullivan Rubber "> 12814 15 3* 133 * $5.50 convlstpf.* Marine & 27 24 22 Manufacturing..5 49 com... 115 5234 Pac Amer Fisheries 5 13 734 14 34 . 1 Pacific Coast Co. .10 1st preferred * 21* 814 414 ~6" Package Mach 44 Packard Motor— 334 6714 1. 3* 1414 1234 Page-Hersey Tubes * Pairpont Corp.. 100 Palmer Bros. * Pan Am Airways..5 Pan Amer Match.25 Pan Amer Petrol & J* 434 IS* 47 78* 14^ 1414 9 8 104 Pan-Amer Southern 1 Panhandle Prod & 6 /a 3 Machine common* Preferred ..* Paraffine Co Inc. 334 5 33* 53* 78 834 32 734 15 1 63* 34 834 * 107 19 Peck, Stow & WilclO 5 Peerless Cement 3 * 834 32?* 11 1934 1134 934 1734 7 134 834 2l" 6 334 Peerless Weighing & 1 10c 30c * 134 3 J Pender(D)Groc'y A* 134 4634 1334 463* 2 Class B - * Penick & Ford * Penney (J C) Com.* Penn-Oentral Air¬ lines Corp Penn Coal & Coke 10 Pa-Dixie Cement-.* 7% conv pref A..* 4834 14 473* 83 84 15 1534 234 234 234 23* 1834 21 n 34 13' 19 22 $7 conv pref * Penna Industries— 1! 17534 .8 185 16 234 Penn Vy Crude Oil Class A 6 Class B lc Units 3c* 234 1 5c 1 com 24 Peoples Drug Stores5 Pepsi-Cola * 191* 235 Albany Bottl Co_4 Circle Pocahontas Fuel-100 Polaroid Corp Pollak Mfg 1 * Poor & Co class B-.* Class A par * value, 2H A* 4§X 33* 134 143* 9 Class A 24 1914 248 214 231* 31* 29 a 73* 634 iiH e8* 2034 634 91 5 74 12 1234 933* 6 534 58 89 — - \% !§* Reliance Sieel 8234 1634 5 8434 1634 32 3-2 34 8 ..10 Class A 73 50 7% cum pref—100 53*% cum pf.. 100 Reynolds Metals. .* 534% conv pf.100 Reynolds Spring... 1 Reynolds Tob.... 10 11 734 16" 93* 534 _ . 10 3 Ritter Dental Mfg.* 1 7 24 h 13* 5 1534 734 3 "23* 1634 16 1034 13 pref * Pressed Metals Am. 1 46 4734 83* Rogers Peet 100 12 15 100 34 38 5% conv 1st pf..5 5% conv2dpf_.50 X . Preferred 100 133* 3* 1434 62 61 228 235 115 116 * 3 108 Original pref.. 100 Puget Sound Pulp & Timber com..* Preferred 20 ...* Pullman 108 17 21 5% conv pref. .100 6% preferred.. 100 Purity Bakeries * Pyle National Co. 5 Pyrene Mfg 10 Quaker Oats * 6% preferred-.100 Quaker State Oil. .10 Quincy Market Cold 78 6 734 _ 1 conv pref. 100 .100 Randan Corp pt A Class B Rands com -J* wtV° 150 157 434 4234 Pile common. * ... _ cum 634 $1.20 pfd.20 conv Rose 5 10&25c Store common 1 of N Y ord shares. 34 234 3434 434 o¥> 2034 434 5 6 35 39 1834 19 1034 11? 40 42 173* 2734 34 34 18 2 Called for redemption, see page 111* 1434 5 14 123* 323* 434 234 34 133* 44 3* 48 53 5 234 134 St Louis Screw & Bolt com 134 100 r 100 r 25 634 66 2934 1 1 234 Packing 1 Conv A pref * Mfg 1 Sonoco Products—5 Sonotone Corp 1 Conv preferred_.l Soss Mfg common_1 South Coast Oorp--l Preferred ..100 South Penn Oil—25 So Porto Rico Sug.* 8% preferred.. 100 163* 134 23 234 2'4 99 134 22 34 12 "3* 1634 81* 110 13 103* 50 153* 834 3 634 •A* 27 13* 1134 3 34 134 28 32 20 13334 South Shore Oil & 34 123* 1934 Southern Advance Bag & Paper$2 preferred 50 6 % preferred- -100 Southern Groc com* Preferred * Southern, New England Tee cl A South'n Pipe Line 10 Phosph.10 Southland Royal-.5 22 73 14 20 13* 634 5 5 South West Penna 5 Stock Yards * St Regis Pap com..5 27 Preferred 100 Salt Dome Oil.___1 Samson United 1 Sanborn Map 25 633* :: * -.25 Smytn Mfg Southern 92 Units 21 Typewriter vtc--* Smith (Howard) 6% conv pref..20 "334 120" 23 83* 103* Smith & Corona Development. -100 15 15 Savage Arms ...» Savannah Sugar.. Savoy Oil 5 Schenley DIstillers.5 5 34%" pref 100 Sch iff C 3o com .* * SkeUyOil 15 Organ._.j5 Sloss-Sheff S & 1.100 $6 preferred—100 Smith (A O) Corp. 10 Skinner S'eastern Greyhound Lines common...5 100 Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l Preferred 834 com..* 44 34 10 100 Preferred 20 . Preferred 1063* 7 Pipe Lines 10 Spalding (AG)&Br.l 1st St Paul Union 70 20 25 Preferred 36 60 5 57 99" 100 St Lawrence Paper Preferred 100 57 3* Preferred Sirian Lamp Solar 4434 10634 Corp.* Mills com Preferred 20 Solar Aircraft 13 $2 conv pref 50 St Lawrence Flour . com 12 143* 434 434 114 58 Preferred.. Singer Mfg. 100 Singer Mfg Ltd. £1 Sioux City Stock 1034 5334 $2.50conv pref..* Ryan Aeronautical 1 Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car Heat & Ltg (Del) 50 Safeway Stores.—.* 5% preferred 100 St Croix Paper. .100 Preferred .* * Socony Vacuum.. 15 Pacific Co.. 100 75 56 pref.. 100 5 27 116 Ave.234 * St Lawrence * Simplex Paper 1 Simplicity Pattern. 1 Simpson Ltd B * Snider Royalite Oil * Royal Typewriter.* 7 % preferred- 100 Ruberoid Co _* Russeks 5th Russell Mfg * Paper Mills 25 St Louis Car 10 Preferred ..100 St L Rocky Mt & ,34 434 3 $3 conv pref. * Rayomer Inc com. 1 $2 cum pref .25 Raytheon Mfg..50c 6% preferred 5 Real Silk Hosiery 134 43* 1034 10 _ 8% preferred.. .5 Rapid Electrotype.* Rath Packing 10 Raybestos-Manhat Raymond Concrete 183* 213* 203* 734 734 803* 8734 833* 1034 834 53* 10034 Chem.l Radio Corp of Am. * 6% Root Petrol Co.—1 234 134 Rustless Ir & Steel. 1 1934 $5 pref B S3.50 conv 1st pf * Radio- Kelth-Orph * % 334 31 27 Inc Punta Alegre Sugar * Pure Oil Co * Stor & Whse__100 Preferred 100 9 2 6134 34 Publication Corp..* 1st preferred.. 100 Prosperity Co B 834 _ 1 13* Royal Dutch Co * of Nevada J 34 Rome Cable Corp.5 Roosevelt Field 5 34 8% preferred-.100 5% preferred-.100 Producers Corp Proc & Gamble Preferred * . 13 1034 10?* » 100 Optical 2634 Roeser & Pendleton » 63* Sher-Wms Can Co 7% pref—100 Simonds Saw & Steel 43* 534 234 36 1034 1034 3234 76 109 5%pf ser AAA 100 5 203* 1 31 Sherw-Williams --25 70c 19 Pressed Steel Car— loiM 25 Hoist Simon Brewery.... 1 Simon (Franklin) & 34 5% preferred. .100 36* 3* 24 34 1§* Common * Simms Petroleum. 10 * 634 .# 1034 Simmons Hdw & Pt * _ Pottery.. 1 534% conv pf.100 Shepard Niles Crane Yards 22 83* Simmons Co.. 16 * 4034 1 10 9 x 100 - * % .... 134 20 conv 1 Seton Leather 834 dH Hall Inc Servel Simmons-Boar dman Pub preferred...* 5 Preferred 1 50 ware com Seiberllng Rubber.* 5% preferred-.100 Selby Shoe— * Selfridge Prov St £1. Sentry Safety Oon.i Serrick Corp cl B..1 Preferred 26 "134 Myers..* Rockwood & Co Segal Lock & Hard¬ Shell Transp St Tr £2 Shell Union Oil... 15 Powdrell & Alexan.5 Pratt Food __100 1 134 8034 3834 Silex Co 23* 7% 1st pref...100 Rochester Button._* 334 * Sheaff