Market prices and yields of outstanding bonds, notes and bills of the United States, during ..

MISSING IMAGE

Material Information

Title:
Market prices and yields of outstanding bonds, notes and bills of the United States, during ..
Physical Description:
v. : ; 36 cm.
Language:
English
Creator:
United States -- Dept. of the Treasury. -- Office of the Secretary
Publisher:
U.S. G.P.O.
Place of Publication:
S.l
Creation Date:
April 1937
Publication Date:
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Bonds -- Periodicals -- United States   ( lcsh )
Debts, Public -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )
periodical   ( marcgt )
serial   ( sobekcm )

Notes

Dates or Sequential Designation:
Feb. 1935-Aug. 1941.
General Note:
At head of title: U.S. Treasury Department, Office of the Secretary.
General Note:
Title from caption.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 12058956
lccn - sn 85018883
Classification:
lcc - HG4931 .A35
ddc - 336.31 fU677
System ID:
AA00000591:00025

Related Items

Preceded by:
Market prices and yields of outstanding, bonds, notes, certificates, and bills of the United States during ...
Succeeded by:
Prices and yields of public marketable securities issued by the United States government and by federal agencies

Full Text





U'. S. TREASURY DEPARTMENT
OFFICE OF THE SECRETARY

OF OUTSTANDING BONDS, NOTES, AND BILLS OF THE L'NIrED SI'ArES
DURING APRIL 1937


CLASS OF SECURITY


Bonds-
Panama Canal loan, 1961 ------...... 3
Treairasv Iboid.-
1947-52........... --------------..... 4
1944-54 ----------------................. 4
19411-5611 ..........-------------.... 3
1943-47---------------......... ..... 3 .
1940-43----------------.................- 3 .
1941-43...........-------------...... 3 .
1946-4- ---------------................- 3 .'
1951-55 ----------------................- 3
1941 ----------------. .
1943-45-----------------......... .... 3 '
1944-46----------------................ 3
1946-4 -----------------................ 3
1949-52---------------................-- 31.
1955--60 ----------------.................- 2 '
1945-47.......... -----------------... 2 ,
1948-51 --- -----.................--- 2 ,
1951-54.................---------------- 2-
1956-59 ..------.. ---.....---.. 2
1949-53..----------------- 21.
Tretasuryaotes-
Series A-1937 ---------------- 3L,
Series A-1937.83
Series A-1938---...-..--..-.....--------- 2
Series B-1938--------................ 2;
Series D-1938 ------ ----- 3
Series D-193S----................ ---- .
Series A-19390.. I
Series B-1939....--- ..---.--------... --
Series C-1939 40-------................---- ---1'
Series A-1940 ---------------- I :--- .

Series C-1940 ................ 1I
Series A-1941 .--------------- -
Series B-1941 -..-.-.----. -- I 'I
Series C-1941. --
Treasury bills:
Forty-see en series -........... -- .- .
II


RATE.
PER- DATE OF MATURITY
CENT


-I


5O 15, 1 47- -
Dl 15, 1944-"4.. .1 .. -
MLaur. 1 1Il4t.-,., ... ......
JuNI.: I, 1943-17 ..........
Jiimi.- 1I, '11443-47 ----------
JI ..- 1 19411-4.3 -..........
lM ar 15, 194 1-4.3-..........
.IJt ir- 1. l '19 4 i-4 .........
,':'el.t. 1 ., l'', ... ...... .
A u .i 1, 1 141 ........ -......
O et I' I' 1 :3- ..........
Apr 1 ., 194 1- .. ------- .
J.i ll I 1 04 1-4 -..........
DIe. I-, 1919 .. -........
M ar I. 1 I5, lH"15- .O ----
pi t.. I.A, 1 -15'-- 17 ..........
Sept. 1-., 1945-47_
M ar 1.5, 194 -.1... .......-
Juile 15, 1951-54 ---i4.
Sept. 15, 19-:,9.... -
Dec. 15. 1949-5.3 -...

S.-pt 15, 1937. -
Feb. 1, 193 -..............-
June 15, 193 ---- .------ .
M ar 15, 193S --............
Sept. 1 193s,..............
J.1i e 15, '4i39 .......... .
ln.i i I, 1939......... ..
l iar 1 193 -. .... .
M ar. 1 .. 1940 .............
.Juiirt 1.: ll4 l. .. ...... .
D) c. l 19140 ........... ----
M ar. I ., 1941 -......- -
3 J .- f 1;. 19 --............
D ec Il 141 .............

V ari..i-1 -. -


INTEREST Pl.ABLE


l'.it ,,f .A IA p ril I.. i, tI. ...
I ill, .f .Jun i D iin i r..
I ,i ,i M ar. l l ,.I <, l. t I l. '
1 11, .i" ,JF l 1i,11 D niil.i r .
. I. .. .

i t i ,I .J I .j i I ih, I .
I it 4 M ir. r 1r, l .-*, l I iiil,,- r
I ,,' I. l i .il i .I. .I i W A. .l .

- di .. ....- -- .
I -lh f ,,f J iI a -i l ,
. ..- d .. .. ..

1].th ,f i :urc i, artlI S. 1,i.iil., r
l u .- -- -. .- .-- -

l ilh i.f Ju.-ir ait DX -r ui..-r
. d u i --... .. -... .

l,lh o l M arth and. ,, pt.-l li, r
1 'liL of Jim,- andl D .-.m l.- r__

I',th n1 M1.u h and .] _ie'lrr
lIt of F r I- .uiar andl A uiii-tI
I7-th of .liii : air,,I Dir' (-inl r.
I ,lth if 1M .trr-l, M.i S.i ]Jhtrinl. r
. .- d .. .... .
l.ith tif il.i .- iDi .', l i-t .r
. d .. .. .

d o -- -- -



l.itl .-f lu r- .i ni I 1)( .nil r -..
. ... i. lu -.. -


Interest-bearing deblt ontstandinle
Total of above itenis. .--- .....
Other interest-bertriing dce-ti- -----.- ..--
Matured debt on which interest ha ceased ......
Debt bearing no interest. ------ ........ -------

Total gross de it ......... ...... --


OL' STAND-
INC., APR.
10. 19.17
iB%!o[.S DULY
1RE:ASI RI
STA I'E-
MI:NTS,



..... "4'i OinO


..... I 12' *nlil)
.... I 'l i1 1 !0l 1
S... ',I 1 "', 211
". 1 'I : I"1
. 1 W ill
7 I 11 ii t11
.. iiii
. '. 7 i ll

...3 1 4 201111
. I l lt 1.;I ,lin
1 11 7 .' 11
.. I, i l ', ,7 I 1111
.... ', ,1 l, 112, il6 0

..... I, 21 I 1- ial
S..... 21. '2 .4i, .'il
... I 1:2 I i .I
.... i 4. Ii l
..... 1, 7 ,oI, 1. '1 1 .0

..... '17. 4 3, 500
2. 76 ..17 will
h I 1' n n Il)
..... 1' 17 .:7 )0
. -... ",',1 411,, 101O
1 21.. -11 ill


I 371', '.i 20 1)
- ... 7.1 41111
7 .'.. 11, I.t1. l
S.. 7 7t17 i.ll'i
:,i I. 's77, :.iil)
211 42' 41111

3",. I I (101



$32, 103, 193, 950
2, 191,421, 153
126, 306, 840
S 519 707. 421

S. .i !, 4 10i, i t. i. l


The fields heroin pr.Esented are computed fir Tren air. lims dr i ri, the- Ij-i-- ,f -l.IIih I .'1 1. r .- Pari:rri' C.'i..l h.. .i,.I
Treasury notes on the average of bid and a'kidi prices ; fir Tr:.-a.or'. lill. ; n tih a'l ra, -. iIt, 1', I .a .l :-k d. .i-.-i..nt t.- i ,ii..r.
in the market on a bank-disecuirU t L.a-is; i. e, on the ba.-i. of 2I 360i-diit ..:.r,. In i he -: if i ..,.,irir fi..r I i, i h i r. 1 .... r-
ing, yields are based oni the hid price only. The yii id,- for each i-it. uie- omptIpicd am i ti.- ) ,'' ..- .I I .. I r


Panama Canal. 3 .
June I. 1961 i

(Apr Marker price
(Apr. 1937) 1
i Yield
Bid Asked


I ..............
2..............
3........... .

I............
1............
S........ ... .
6 ........ ....
7.............
19 ......... ...
10 ............
12..... ......
13.............
14 ...........
15............


It ............
21 ......... ..
2 ........... .
22.............
225. ....... .

2 ........ .... .
27... ..........
21 ....... .....
M .............
30 .............


117.15
117.16
117.16
iiia2
117. 16
117.16
I17.1B
117 26
117 16
114.00
114.00
114.00
1141 00
111.00

11 4.00
114.00
114 00
III 00
11100
114 00
114.00
114.00
114.00
114.00


Average..- 115.07


119.16
119.16

119.16
119 I r
219 16
21I I'I
119. 16

118 001
11 DO
118.00
118 00
218 IXi
iiW u6
118 00
11 1 00


116 00
118.00
I16 I.100
118.00


118. 17


Percent
2. 028
2.028
2. 028

2028
2 02,
*' 02%
2 !49

2 i4
2 149
2 IN9
2 149
2.519
2. In
2 149
2 Ill
2 149
2 119
2 140
2 1419
1411
2. 148
2. 1 i
2.148
2.148


Treasury bonds, lis'r. Treasury bond% li^srf.
June 15. 19f14 13 r. 15. 1941-13


Yield
Closing
price
Call


104.22
10. 00
104.31
105 02
I04 27
104 24
104. 27
104.26
I.4 27
I0. 01t


105 1i7
I2i. 16

I0'. 15
105 17
105. 12


ii,; is
105 1 1
lu) II.
105 14
105. 14
i0OS.24


2.107 105.07


Percent
1. 859
1. 712
1.770

1.737
1 SllO,
1 833
N12
I all

I 747


1 rlli


1.
J '125
I.64-3

I 619
S568
I 58.'I
I 678


,o- I


Vi'. Id lo-


Trea-ury hondt-. It a-. I Tr- ".ur'i [fnli. ,r, I Tr aur hII. i. it,
AL'u I. l if Jun. I'. l'. I ; 1 ct I. 1 J 11 li


I a Id I0-


,in I ..- I I l Id io-


'C-losinii Cling --- -- i'l.i ne I...in -
IM price m pric--. Nil price i ric- I u-
Alyi call nM l iu- t-'ll a1u., pir ral
I (,all ,Nlaiu- ca-i Nl- u-



Percent P.r, ril P"f,1. Per.cit Pr i,nri PI,r. r. r.....l P. .. it p ,F r
2 5M1 10,.00 o 2 0i 2 4. 4. l ... .. .. 2. 0,' ". O, .I i" ti" I .4 2
2 49 11Mi 7-2l 2 09s | 12 ,, i 20 I i ]iul 1 i I i I, 1r. 2 1 .
2 5M 10 00 ? 0.0 2 46i, If ) 2r0 i I l 111i .' :s I J11| I ', 1 2 .,
2-4l: ij '-i$ L i W4 421 1 'I. .^ I 1~. 1 74 J|-45 j4.i 2i
2 0 211 .. 2r 4.4 Ii.... 4 ........'i i
? i,2 ; IO 2 (14l 2 4 I4 1 I 31 I 12 Di, u_ 1. .'
2 Ul ]0 25n 2I It.' 4 '. ii. .. I 1 i il4 I i '-'' 1 t l .' r
2 5'4 I 1I'4 21 2 IIr. I ; l lv l l ; 7 ...... I '' I i i] I h I I" Ii ., ',
2 i I ii Ii '. 11 i" -1 1" ii I l 1 1 r '
' I | I' 0 2 ) Ii4 I 16 0". I- .. .Ii. i' l I,.l I -' I.' I : I

2 5s 10" 12 2 Q 21U 2'. ii-. 1. nI Ili LI 2V12'
2 iV. I ls 1 I 9- 3 2 I.' 10;' W ... 2 Oi .' l k i 1 4... .
2 4w1 10. 12 I r43 2 i' l' rl'. .. 11 I ....... lu' 4I) IIJ .i I
2 )4 1 0'i 11 I I 3'1 .2 ll I1. 2 .. 2I I lii, 2 2 1- ,7 li ii ; .. .
2 40- i :' '" W 1. Ii 2 I I1 i' 2 1'. 2 2. :
2 42'. 1) l I 2 1i; li2 -' .. I s; I II'. 1 2. 1 :2 I ll" I, I,

2 413 10 2i' 1 '15 231% '05 i 1 Ii. 21 2. a i. 1> 1 lI -

2 4.13 Ill'. I I l90 3' l t 21 I l. III, ;i 21 7 11' 1 -1 11 t.4

. 121 1 -3 1, 4 2, 3T'- III."' 1 ... I N71 4.". I I : I 7 ... I '' f.1 I
2 032 105,22 1'- I 1 '. .. I i i4 .1.r 44. :: l 2. .' I
2 4'.0 10, 23 .11 s 2Il ? II1',;.. 2. 1 2 1 ,r. 2 :i.l I1.4 2' 4-r. 2 r
2.415 105.27 1 07 2 30. IL li. iN) I. 7 .1 l' l J I 4Ir. 2 7;Li iii' UI I;'.4 .' "
2 Ili 'i1.i u 741 2 26r 10, 02 17t,, Ui 1. .'li i : .' ., i. i t- 2 5
2.4159 10. 13 I S35 2.390 3 (0I. 1 .. .... I 10 12 21 1 2 13 2 'r.i 1i 4 2. | 36 2 rA'l


I Closing price not regularly available.
NOTE.-Throughout this form price deeunals for bonds and notes represent thfaty-seconds, v, SunJay. c closed.
148276-37


JuI ,- 1, 196 1 .............- I)tiallt- ri1 ,Ljr 1, .i-


i








2


Market prices and yields of outstanding bonds, notes, and bills of the United States, during April 1937-Continued


Trn aury bond-. 1c', Tr,aury bond. 1%. T reasury bond.. 21i %. Trea..ur, bond.. 1 ,., Treasurn bonds. 3%. Treasury bonds. 1',%.
.ipr 13, I l-4., Dec. 15, IM4-54 p. 15, I'I I-47 MIr. 13, Ili--36 June 15. 1916 -i June 15, 1916-49

Day
(Apr. 1937) i.ld to- YI VId Io- Yield 1.-- Yiid to- fieldd to- Yield to-
Clo-- __ lo-- ______ l _____ __ Clus- ____
inc. ng ing inj ing I ing
price all Ma- price C Mla- price an Ma price Call Ma- price p n rice price __ Ma-
turity turity turity turity tutrity tarity


Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
.------------- 104.10 2.574 2.708 109.23 2.599 3.271 101.02 2.608 2.633 107.20 2.781 3.210 102.26 2.652 2.706 103.04 2.737 2.819
2 -. -.--- 104.16 2.547 2.685 109.20 2.612 3.277 101.08 2.584 2.612 107.29 2.748 3.191 102.20 2.676 2.726 103.00 2.753 2.830
3 ----..-.---- 104,15 2.552 2.689 109.17 2 624 3.284 101.04 2.601 2.626 108.06 2.713 3.172 102.10 2.714 2.758 103.08 2.723 2808
4s ----- -- --
S. .1 : .' .1" ..' i -. 4 I : 2" i. m ,. 1 u 13 7 I,.' 1 5* ; 66. 1 I lI it .' 7Uu 2.790
S- ." .' I 1 H i .-* 1 l .* i 1 I 14 Z n J 2.. 1.. J. 09 2 7 71) 2.bu5
----..----- 104.14 2.555 2.692 109.17 2.622 3.285 100.29 2.629 2.650 107.31 2.738 3.186 102.14 2.698 2.745 103.05 2.734 2.817
9----------- 104.13 2.560 2.696 109.17 2.622 3.285 101.00 2.617 2.640 107.31 2.738 3.186 102.14 2.698 2.745 103.06 2.730 2.814
10. 104.16 2.545 2.685 109.22 2.600 3.274 101.01 2.600 2.626 108.02 2.726 3.180 102.17 2.687 2.735 103.08 2.722 2.808
111 -------------- -- -------- .. .. .. .. i.. ... ... ........
12 10418 2. 535 2.677 I',1 -1 .'r.. 11 r'''" 3 I" | |.'34 1 1 i ; .1 2 793
13 -.- 104.22 2.516 2.661 1I1 .., ; ,,- .". i i ..' ., i,." '. : r 1 1' I I I .' .9 *. ;4 i'J l 'S .' ;71 80L
14- .. 104.29 2.482 2.634 109.26 2.581 3 264 101.17 2 547 2. 581 108. 00 2. 733 3.184 102. 29 2.641 2.696 103. 17 2. 687 2.781
15.. -.--- 105.06 2.439 2.600 110.06 2.529 3.238 101.20 2.534 2.571 108.06 2.710 3.171 103.03 2.618 2.677 103.20 2.676 2.772
16 ------.-. 105.06 2.439 2.600 110.08 2.520 3.233 101 23 2.522 2. 561 108.08 2.703 3.167 103.06 2.606 2.668 103.24 2.661 2.760
17... --------. 105.06 2.439 2.599 110.05 2.533 3.240 101.21 2.530 2.568 10808 2.702 3.167 103.04 2.614 2.674 103.24 2.661 2.760

.... 105.04 2.47 7 207 110.06 2.527 3.23 101.22 2.526 2.564 108.08 2. :5 i ,' II .1 ." 'I1 II.. 6 1. 2 ;'.6
105.00 2 468 1 622 110.08 2.518 3.233 101.16 2.550 2.584 108.04 2.716 3.175 103.01 2.625 2.683 103.20 2.675 2.771
22. ... 104 26 2.494 2644 109. 30 2.560 3. 255 101.09 2.579 2 608 107.28 2.746 3.192 102.290 2.640 2.696 103.08 2. 721 2.807
23 ...-........- 104. 18 2.532 2. 675 109.18 2.611 3.231 101.00 2.616 2.639 107.16 2.791 3.217 102.24 2.659 2.712 103.08 2.721 2.807
24............ 104.27 2.489 2.640 109.16 2.619 3.286 101.07 2.587 2,615 107.22 2.768 3.204 102.29 2.640 2.696 103.10 2.713 2.801
2_. I, I .'1 "' ." 1 d 14"1 ''I .' 4 2 '. L" *' --" ''' 2 I ." I. 7' I114 I ', 2 "1 2 ,04

------104.22 2512 2 659 109.19 2.606 3.279 101.00 2.616 2.639 107.23 2.764 3.202 102.20 2.674 2.725 103.07 2.724 1 NI0
28----...-.. 104.24 2.502 2 609 3.5181 101.02 2.608 2.632 107.23 2.763 3.202 102.18 2.681 2.731 103.07 2.724 2.I10
29------------- 105.01 2.459 2.616 110.00 2.548 3.250 101.16 2.549 2.584 107.23 2.763 3.202 102.28 2.643 2.699 103.17 2.686 2.780
30.... ------- 105.05 2,439 2.601 110.05 2.526 3.239 101.14 2.558 2.591 108.06 2.706 3.170 103.00 2.628 2.680 103.18 2.682 2.777
,4ne i n I r. 1:. 1 ', :r. ]1' l'I .1 .. ".; 1 0: (ii I 1 3 1 1 0:. ". 2 2 i| 2 .U3 1iJ3 15 2 7(I 7. 3


r. -u o ,. uy nd.. 1.. rea"ury bond.. 2r. Trea.-ury hoInd. I' .,. Trpea-ur h-jnd-. 'I -Q. Trriaur) bond-. 2'c 3. Treasury bonds. 3%.
S irl 13. I'J -1:' 1Mr. I-. 1'.l-1 Der. 15. 11il'--52.' r I1 1I- I June 15. 151-31 bepl. 15. 1J31-35


(Ap 1Yield to- Yildlo- i Y.-ld lo- Yild to-
(Apr. 1937) | 1 1
Clo-in -- Closing I-- l-- -- 'lu Ii.r. -
S at- price ( i tu- pr CI M.u u- pice a u.
.... l....ily i rity

.,., Percent P. P. ir rra I- .. P., .' f'.
1............. 113.25 3.123 90.10 2.823 2.810 103.06 2.823 2.870 96.24 2.804 2.743
2 .............. 113.27 3.119 99.30 2.756 2755 103.08 2.818 2. 866 97.02 2.777 2.719
. 1 ? 7 .. 3 1?1 on I ? 7- 2 7; 11n 24 2772 2 827 '2 2 746 2 696
....... .. ...
6.... 113.29 2.721 3.114 100.01 2.747 2.747 103.14 2.801 2.851 97. 18 2.728 2.682
.- 113.24 2.737 3.125 99.30 2.757 2.755 103. 12 2.807 2.856 97.11 2.749 2.698
. 113.25 2.734 3.123 99.22 2.783 2.777 103.05 2.827 2.873 96 19 2.821 2.755
113.26 2,730 3.120 99.24 2.777 2.772 103.11 2.809 2.859 96,25 2.803 2.741
I, 113.26 2. 30 3.120 99.29 2.760 2.758 103.10 2.812 2.861 96.31 2.785 2.727
. ----------------- -- -
12 113.26 2.729 3.120 99.29 2.760 2.758 103.13 *, 1 1 .
13.. 114.00 2.710 3.105 99.28 2.76i3 2.761 103.22 2.777 2.832 97.03 2.773 2.718
4 114.03 2.609 3. 097 100. 04 2.737 2.739 103. 25 2.769 2.824 97.14 2.741 2.691
15-------.......-...... 114.14 2.665 3.072 100.04 2.737 2,739 103.30 2.754 2.812 97.17 2.732 2.685
16..-------......... 114.09 2.680 3.084 100.07 2.727 2.731 103.30 2.754 2.812 97.19 2.726 2.680
17............. 114.18 2.651 3.063 100.12 2.710 2.717 103.28 2.760 2.817 97.25 2.708 2.666
S... '. .


22...---- 114.16 2.656 3.06 7 99.26 2.770 2.766 103.17 2.791 2.844 97.08 2.759 2.706
23.--...----------.. 114.10 2.675 3.080 99.14 2.810 2 799 103.06 2.823 2.870 96.28 2.795 2.735
24............ 114.20 2.643 3.057 99.22 2.783 2.777 103.12 2.806 2.856 97.05 2.768 2.713
258 .------ ... ... ....... ...... ........ ...................... ..... ---..----- -
2... ....---.. 114. 14 2. 661 3.71 99.17 2.800 2791 103.09 2.814 2. 863 97.00 2.783 2.725
27 .......--- -- 114.12 2.667 3.75 99.16 2.03 2793 103.09 2.814 2.863 96.28 2.795 2.735
28....... ...-----114.10 2.671 3.080 99.18 2 797 2.788 103.07 2820 2.868 96. 31 2.786 2.728
29 ...........---- 11.20 2.641 3.056 10110.00 2.750 2.750 103.16 2.794 2. 16 97.16 2.735 2.687
30 ........------.. 114.10 2.672 3.079 100021 2.713 2.744 103.16 2.794 2.846 97.14 2.741 2.692
Average. 1 1 .. -. .- I. 2 1 I i | 1 I 4 Ih 1 i


Treasury b ur.. -
Mar.-. I i .-


(Apr. 1937)
I l. .ine


price




98. 16
99.05
94 05
Y. 1A
99.17
99.07
99.00
99. 04
99.06

99.11
99.15
99.23
99.25
99.28



99.11
98.28
99.05
99.00
99.00
99.01
99.16
99.17
., 11 ii


Treasury ibond... 2' .. Treasury notes, B, 3%, Tr3.-a.ur n ki -. 1.. 314%, Treasur
Sept.. 1 *.-. 1, Apr.15. 1937 I _, p. 17 117 Fe


Ywld to- Yield lo-
- -- Clrin-I

Call M u- price al Matu-
nrty -all I Aty


P r', r P"'l P. rc.Fit Pe, rit
2.878 2. 859 101. 16 2.871 2.896
2.822 2.811 101.25 2.849 2. 876
2 822 2 S11 101.25 2 849 2.876
.2"" 2 1 2'] ; '. ". ... .
2.790 2.783 102.02 2.825 2.856
2.817 2.806 101.30 2.835 2.865
2.826 2.822 101.25 2.849 2.876
2.825 2.813 102.00 2. 830 2.861
2.820 2.809 102.04 2.820 2.852
-' '14 2 Ill IiI. I, 2 n..2 2,t.M54
2.806 2.797 102.05 2.817 2.850
2.795 2.788 102.13 2.796 2. 833
2.774 2.769 102.17 2.785 2.824
2.769 2.765 102.18 2.782 2.821
2.761 2.758 102.23 2.770 2.811
2 ;.i ; "r.i ]..''.i 2 7)7 2.00

2.806 2.797 102.01 2.827 2.858
2.847 2.832 101.24 2.851 2.878
2.823 2.811 101.30 2.835 2.865
2.836 2.823 1l1 .N. S V17. 2.S73
2.836 2.823 P1I .". .- *1 2. 76
2.833 2.820 101.29 2.837 2.867
2.793 2.785 102.02 2.824 2.856
2.790 2.783 102.09 2.806 2.841
5 %,4 2.; 1 14.'14 2 Ai2 2.152


y nocs. A. .c'-.1 Trc.-.ury notes. C, 3%,
eb 1. 1413 Mar. 15. 193


Yield to- Yield to- Market price Market price
.--- .----. 11....., -- -.--.--------- -

SII 1 priv I ru.1 Bid -,'.d Bid Asked
(il].ily dMl
149 II


1 ....... 99.12
2.... 99.27
............ 99.25
4,


8. ....... 99" .24
S100.00





17 I lKm a411
II
S......... .. i







.1' 1 | 10 ll

Average... ]'" 7


f'erre } f r P rcTCni / '. /' I n' /' r,,
2.920 "I 98 10 2 863 i U i ." I '. 111] ii' '. i! i. "
2. 8 21 1 98.28 282 I .- "' ]l I0 l i i :
2.891 2. 68.28 2.826 2. n2l I.1 l I ul. .1 -1




2875 2875 825 2.82 2. 1000 ........ 2.97 101.08 101.10 .280
S. -; i l.--l h nr.r. .' 9 IV l 0 101 10 .2r

,- ,, -I. I v n, ,,- ,,, I, .',, '


e B(K 2 Al 41 o mI 74. ? 7.4. 171 o n 1101 10 1? 5

28 ', 2". ...... .4".' 7 .I..,I I,'1 in .
28 19 2 S 99.23 2.76 2.77 ........ .... ... ... 101.08 :,I 1, .,:.i


2.. |. 1 | 2. 2. ............ ........ 101. 101.01 .023
2, R* ) 2 ,nnl Ihi t'' .

.l ... o>I I = I .......n l 0 ]nnI i) 1 '. f


2.9 2 17 -.- 2-."5 2.7812 0I ........ .. ..... 101.06 l 01 8 .
2 1 2 7~1 101 f l Ner r
2 ..* 4 /.1 lg us ", 2 7 2.1s s ".I 1. m i i lu .


Iul 1 lul 1 U .',l
Inl iI I 11 2. -19
luI t' Iu! 2.' .04.13
iiuil *1 ln .4i .42
101 11i I1'l I 1 '.42
111 I I l711 2 [ 1
101. 17 101.19 .704
101.19 101.21 .622
101 10 11 21 .6`15
21 W ,'2
L4 iI I' il 'I '1',
I il l'n lil ll22 (,1
III P. I nil 2 .21 5
[(1 .*l I( ill .,2.r=,
101 2? 1t1 2?2 .628
ill i iIll 21 V.3.
1111l 18 IlUI 2J1 .7'
111 1' lul .'2l :.'.1
Inl J1 1h1 .'In .2.1
IIII 1t Li .'11 V,7

il i ll n i i ".12.
'iil is. l'ii *i ..'.i;

101.18 101.20 .520
101 17 101 19 .5W.3
101 1 I Lill 21 .I 7


NOTE.-Throughout this forn price decimals for bonds and notes represent thirty-seonds; 9 Sunday; c, closed.


1112 1.3
102 011
12 U01


lai' 07
102 .11
Ifl2 I LA
lu. .U7
1i2,. 06
1011 07
1j2. (fi
1L2. 10
:U1. 0,
lu;5 OB

111" l's
14.7 li444



10. 117
102. 04
Ilu? O11


120' O1
102 04
102i U9


Ir2? 09

1)2 (0

10i; i
102 (K.
.7' I I
102 12
,1., 11)

1.2 11
102 10

I1n2 II
ii 1 1 4


111,;.1

III, UU]
102.10
102 10


P, rent
0. tUN9
.672
.533

.620
.680
.58.3
.589


.S48
.474
.433
.1113

.435
.42
.42L
.413
.475

.452
.444
.436
.394
.388
.512


102.07 102 0


I


I









3


Market prices and yields of outstanding bonds, notes, and bills of the United States, during April 1987-Continued


Treasury notes. B.2' s%. Treasurynotes,D.21.%., Treasury noul.C1 i%%, Trtesury note.. 21,%. Treasurynotes, B.1%%, Treasurynotes, A, s1%.
June 13, 1938 Sept. 15, 1938 Mar. 15, 193' Junt 15. I1.19 Dec. 15, 1939 Mar. 15, 1940

Day
(Apr. 1937) Market price Market price Market price Market price Market price Market price
Yield Yield Yield Yield Yield Yield
Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked


Percent Percent Percent Percent Percent Percent
1-------------- 102.12 102.16 0 3 102.08 102 12 0.895 100.03 100.07 1.418 101.15 101.19 1.417 99.23 99.27 1.457 100.00 100.04 1.603
2.............. 102 12 in? 15. 4. 102 09 I ii 11 902 1O 04 100 09 1 401 11 1. 1111 n I 9 in 1 21 Inn 10 1 r.? o
3 .......... .... lu- 13 i Ib i 17 l ui I 'm) Jlu2 12 .T7 u1 J. IUU Us I .J4 4 lul I. 1 1i I i' I 4 1' .' 1' i i 1. I : I

5 ............. Ifl. l ." I2 7 2 Ill ( 1i 122 .,;i rl0 I'[ 100 I? 1r. ui I ["] '2 I I'rl' Im I1n i I I i.l ,' .It ir. .)
6............. 4 l I. ...U. lu. i U2 II .... ) I'i U 'li.i I. 12 1.11 r l l .1 I lu .im i'1'ni ii 'I I 0.n i l | r .:7

8.... ....... 1112 2 1112 14 .nJl iZ I7 lu2 ( Is ll 1 1. \ I 'A 1 li0ii I2 I | i hi l 11 ''> I i4 '.10
9.............. 1,-' I' H,.' 14 ?A l] :' ,Of lIj2 0' '4s. |i'.i1 IN' i 12 I 'l i 3 l u I il I1 ... I 1'- 1 I .l 'n 1. l I 1 i ,i '',3
10 102. 12 1.2. 14 I J4 I2 U' 1112 I I ', i.I iU, l I I I .014 UL 1] lUl I I' 1 I ii 11 i I I .: illi '' i|l 114 I 2
. .12.........'.'''.1 '.1 Ir 4 Ii fr i It' *I .1 .. I |'I"Ii I l 1 4 1

2I.............'. 2 102 l'2 17 I <1.1 1.' :I 11.21 I ,2 l ni I l'i l I7 l i' I i 1 1 11. 11 I 1 111.I 1 '7
I ............ 10 ...14 I .1 2 i I 7.. .... i .. i. .. '. 1.1. .. 11 I .[ l Hi ri n I i .> 1. 1 .1 I 0
15 ............. I 1 u l2-1 I .I IU920 I 1 1 1u1 il'i u'. "I.' I'll [ i .i i J .'"' I 1. 4 I, IJ, Ii'I i48i
i02 1 Ii. i -' I)




16 .... .. ..... 1 111.' Ir, 4.) s, I l 1'2 I. : lu 2 I I "'i. 'I I.1- l .'l |l I.) 2 I I' I 1111 I I I ll Il II |l 1 .Ii7
17 ... .. 102.. 114 U i 7I4 10-'2 I t h 2 IU I 1 ." 1 lt ; .i ,2 lJU, I I u ,' 7' 1 1 I,, ll I'l" i l '' I I,' I, I l I l .

29 ............ 102 1 1 02 17 n0 oi f II.2 (1 |ll 1 I.... 11 11.1 1 1' '1 ll i I r ] 1 I I ,- IIl I I. l. 1" .1 l 1 111 1 -

1. .......... 14 III. 14 6 I .'7 10 4 1 I lJ ''. l I 1i I 1 l I' 1. I 21 1' l 1' I'1 4 I
0 ....... .. .. 10 11 2 Ir 7.12 I'l?.' 07 lu2 U. '.-. l 121' 1Ul .'. 1 I' I "I .i i' i I .' 1.1 i u lii, I 1 1 li2.l I I', I24 I .8
j r....... 102. 13 IU2 1.. .34 1102 1 U.1 1021 l;0 lij51 1 1'11 .n I ,1 1 l, l 1111 -'."7 r ; lt) lll 'I I ',1 1. l l, I= I '"1 I 1 0
2 s .. ... .. .... . i I. .. .... I I I 1 1. .14 .. ..





27 ....... .. .. I02 13 103 1 i 71.' lU"2 r 7 IU; Ui ,.w.- 11,, .' luu I U ;! I I". 1,ii .'. 1-1 .l'1 i l n' II I+i II lil ]. 1 1 8
28. 1 10; 13 02 lu 1. 10 2 l 0" 102 4" .. I- I l I Ii lil I l :4 11. 1 in, .i7 2 nr, Sr -A r '11 i. 1 1 9


l ............. Iu2 14 lin, ll .h ; 14 102 l 19 I I : 101 7 i "u 1. 11.1 .' 2l : l, .',i .,1
0 ............. 10 1 1 102 16 r..l 10w Ur 1U' J1; 1'. : I -12 ll .. f i l I 1 1 1 | l J 1 i 21 l i -'2 lh"." :4 9

A. erle... 102 1 13 I .7 9 10 10 10 r i 1 7 M11 ln.-u 101 ;U2 I I -ri | .lu,.1 o lu l: 1 II 1I, 11 1 .12n


Treasury noles. B 11 *%.
June 15. 1940


Market price I
lield


Asked


,, rcet W
I (*
'14 2 1 .tlJ
'.,9 22 .-u


"9 217 ] r.-.



|W14 219 I L1



(9 31 I'.1

I'0 1 l4 1.41.1
10l.06 1.419


1HU (17 I f4'W
I(on Cn5 I 4I I
1;ii. 04 I 4r.'
10n I):' 49.,:
21 H :03 1 l9

i,0 (03 1 479
[(Nj 'I I 1791
I"I) lii .1479
10 f:15 I 411
llCi Os I 42.

99 31' 1 sJI


Treasury bills. due
June 17, 1937


Discount
Yield
Bid Asked


Percent Percent Percent
0.60 ........ 0 610
.60 ........ .610
.60 ........ .610
.- 6 ....... .610

.60 ........ f'10
.1.0 ........ .F10o
.60 ........ .. 10.
.60 ......... .'610

.410
.60 ........ .610e
.60 ........ .610f
.60 ........ .610
.60 ........ .610
.60 ........ .6310

O.6 ........ .610
.60 ........ .610
.60 ........ .610
.60 ........ .610
.0......... .610.
.60 ........ .610
.60......... ....10
.60 ........ .610
.60 ........ .610
.60 ........ .610
.60 ........ .610

.60 ......... 1


Bid



9g I';



99 I.

99 I.

991'
99 U1


U9i 23

91O 01
10" 0'2
1[,i1 04



100 0t





1110 c.3'
lu 01F
100 ''
201111 'A',


Avelrage... 99.2.


Treasury nolts.C. I'.c. Trea.urynole. ,11. l'. Treasurynols. B. lIe. Treaur mnole-. .1' 1 Tras-un bill-. due M.ay
Dec. 13. 1910 Mar. 15. 1911 June 15. 19i11 Dec. 15. 1941 2t. Ipj;7


Market price Malkr- grce Market price, Mlarkei price IM rkh'l price
Yield Yield icid Yield I iId
Bid I Aked Bid Ajk d Bid A-,ktd Bid aI ked Bid % "kd

I I I I|
p P rc. r ,l' ,.,w P.l,: ,rI P1 rl "It p' ,\Lrl / ,,I /'rr^ 1 t
I.. I._ '.L '4 'i9 'i f I I 'I "i' 2 3 ''' 11 '.* 'il 1 ." I r3i .. l I S

92'f 1' 9' "2' 'L .2 ;4 I7 '.i'4 1 I .? '- '4 -11; l"ir l '.'I '." 14 9" :" '*2 [ .'..'. I '"8

'91 4 14 I':i' *1 2 .04 17 1 1 1 112 1 2 1 1 1 4 : I i 'V
Q;l. 1 1 ** I r V 1 r,: I I n *. I I 1 1 1S
7 1 4' I' I 71122 ',' l I 1 -1 .I '. ir I .

*',' '7 14 I 7 1 1 ', i' + '.u 5 w 7 I r :.i "' i '" .. 1 I ; ; ':" ] I4 ": : ," .. '. 3"j
94, 1. 1 I tl I A117 1. I '' I 1. .n 1' II I; I 3
i l III 1 ) 14 lI'.'I *1.41 'll 11u ;l.]l; |l 1 4 .'.1 | I" % B- "l) .'' II l r4: *" ...... ',I'3
.. I. . . .... .

29 l 2; ''3 l 3.*.' ... j' ,'* 2 1 ... + '7 'I ;. '' l I '" I I .. "
IA' 9' ai I .jj4 2 ? r '. .. 'i 4 I i .II 11r7 I I i.'11 %II ... I 3
94 2i 91 9 '.I L ..'l '9's i I i .' 'V, 2' I rI :ii 1 .1. I I 3"
'V. I. ... I I ..I.. | .-
9n') n7 I's. .'I '49 2'; I 9 s .1 '.i' .. I 1"
999 1 .1 .II I2 2 I '. I 174' I '' 1' v I' .. .


ioj no ii-i i; ] i 14'4 I-: ty '. 9,+ ,u '1.1 l *'; ." i, -"'' l I 1 2 :.,'1

99 29 '9 31 3 51 9 9"'22 '3 :1 [ :' 4 ', ,,r 91 I '. '. '; 'i
92 9 9 l ..i 'i'i '1. j2 v'I' 11 -6 :n'- 71 ;1 'I. l i v 3 1 i
992 7 99 [11 1 ,3-. 9' :' Yil 9'4 iI 'i .' 9 I 1 .1' 1 1 2 .11
'*9 .. 9 '4 1.21.. j J 9'. 2 i 52 3 y.: :'' .1 II I 1,11 '. t y l l I '3

2" 91 31 I '.2'. "'4 22 9 u i 7 i '.7 94 E 2 ii. 1 I I''l''" .'" *'S 12|
Y9 2.S 19 911ij 1. I.9 2' 4 1 4 I i .r I I I ', 'I

S.II.7 I4'1 01 1. 3 r.9 i l ; 6 I 2 1 9 I I 4. l I 1 1 .11 '" .... ,"
U .3 a l. J 9 5 1.4l.I 7 .1 I ll. '9 .. .. .i | l I" 1 i .. ...
9. 22 99 '1 ) -.2 5 4 q 1 5 99 '. 1 11 99 12 99 i Il I I 9 I ...... 'II


Treasury bill,
June la. 19


Discount


Bid Asked


Pe rird
0 W0
.0O


.160
'.0

.t.60
.60

.6)

.60
.60
.60


.tflu


.60
.60


.60
.60
.60
.60


Percerd
........
........
........


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


........
.

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

::.::::.
........
........
........
........
........
........
........
........
........
........


.60 ......


.due Treasury hills. due Tr.easur bills. due Triasur, hill-, due Trc:L.urv bills. due
J? June 23. 19J7 June Jan. I'j'; Julc 7. I'-; Julh II. l91;


Diwrount Discount Dioiunti Dincou.ni

Yield IYeld I e ield 1i field lield
Bid Akded Bid .%dked Bid A-ed Bid ..-khed


Peretw PIeier t Peir rt Pa r P. ri P ir'1 P.'c w1 ti',t 1r I: I, w-il P1 1're .' Pr v irl I. I '. ct
0. 610 0 .... f 1,1) L II J .... t'.10 I iI.U ..... ill U rU I.I ll
.6 0 'u f .in I I' II I. i a .f I ... .. .r lI il
6 10 u ...... i ) '" .. i. ,j .... ,,1 .1 .. ... 1. 11)


.10 .. ........ ......... ... l '. .... .. i '. *10
.. 1 1.11 r l I 11
i l l0 1. "..I
110 .1.1 l. 1 .. '. li. .. I ". W'11


.10 .. '........ J ..... ... ..... ... l .. .. .
.6 0 .61 ...... ill r
0 1'.il ..... o'.l' ... ', I.1 ...... t* ,, ,:4 i.
.6i0 ....... 610 ..... li .... I .I .
6 10 .. .. m. ... ... .. .. '. ,*. ,

.610 .I ... ... ... I 'i ...... .1 .... ... '.l .I ... i)

.Oio a) hi| '. u ,. I .I | ., .t .II I '.I,)
o ... u .. .... "... .. ,.. ... 1 ... '. 1)
.1610 .GO ... t. i 1 ,10 ...... .. .. .J


l ......... .... '. .. I .
0 ., ....... .. ...1y 0f .... .. V.,, i .... .. i u .IeL
6 10 r ..... ... 'il) I. ....... ..i.: u '. il "I .. lJ
6 10 1 .. I . il i .. ... r. ... .

.610 tO ....... r.10 ....... i ... .iu u I)
.6 10 .60 ........ .lu ...... .. .... .l .... 0

.6 10 .60 ........ 1) l0 ........ L- 0 |, ...... l .... ,


Nora.-Throughout this form price decimal. for bonds and notes reprlenit thirty :ecooni'. R. jndyi c. el,:.J


Day
(Apr. 1937)


1 ... .. ........
2 .......... .
3 .............

4 1 ............ .
7 ..... .. .
.. .... .. .... .
7 .... .........
12............
10.............
I .............
13............
1 .... ........
I .. ... ... ....
15 ......... ...
13...........
1L ........... .
19 .............
21) ............ .
21 ..........

23............
24 ...........
2Z* ...........
%.6 . .
27............
28........... .
39 .............


Day
(Apr. 1937)


I..............
2 ..............
3 ..............
46 ..............
7..............
8..............
7......... ....

18 .............
I ............
10.............

14 .............
12 ......... ...
13.............
14........... ..
15 ............
19 .............
20 .............
21 .............

22 .............
23 ............
2 .............




28.............
29.............
30............

Average ...




UNIVERSITY OF FLORIDA


\1 1,, IIIi 1 n .11 1 / 11111 11111 Ai

4 3 1262 08333 408 5


.i. ..t i .e.... f.. .l t. ,f I4.1 l,9 Kt/..,,d ', Wid b..l!.' o." Ih- f .. SL,,iatd .Stat,, d.r ,j .4prd I,3: Continued


Treafur. bill-. due Jul lrabur hibull-. due JulI Tra.ur- bhill-. due e Tra.ur.v bills, due
21. 19.I 2,,. I"j. o.ut. II. 1937 Au 15. 3. l


i .v
i ,prll I *''") Dll-,iuni


I w-ld


SBd h.k. d


I [ li-runt


hId 4, \ d


,*. .t f' ,, i i ,.,I ,i

S.l iI ...
P P, .





. ... ..
'ii i ill al

iil I lh' hh1



II Ill I I
#1 rI'll ~ iIJl .
,I I ... Iil, II .

i I I ll



.. iil i III


Iit 'I II I .h .
... .. .H h I






,. i h ,

ill r~.In i


[iiOiuln |


Bid


', r,' a F,i r.. s,l i -
'I'l, II i ,
I ILl ",,

su i H) 9 ,
II,



iI I 0I

r'll ,:t1 I



I I




1.1 II.
r.. I .
r. I *'l 1


r I "
l


,,. 1 ,t
hiv .. ;k

Ill .i

h Il s I .e .


Discount I


Treasury bills. due Treasury bills. due
Aug. 23. I937 Sept. I. 1937


I Di-scount Discount


- it-Id I jield Y. Id
4 kcd Bid Asked Bid Asked Bid Asked
II
I I
S r IP '. I I Ii P r N f '.. f P it
7. 712 .i I 1. 7i2 Ij 7ij

7'] .' .1
.. 1.1. .u U ..:...
..1 1) U .. .
..u ... u ... ...
U1' .1 .12 .
2 1. ... .... 7 12 7 -j ....




.t I i, I. I ;I l 1 ;0
S2 I .. ... 2 ..... ..
12. .. .. .
.. .. .

.. 1 .. ; . .
S I I 12 I ......
1 t -. 1 0 ... ..


.2 712 71) ........
7 2 nt nO .......
12 .. 12 .7 .. .1 I 1 ...... ..


.. '.. ., .
7 1 ..12 .I "0J ...."...


1 I I 71I I1 ......
I .. 1; I . .


I. 1; 0 .. .2 1 ........

..... 12 I 12 70 ... I2 U ........

... ... : ,, I ., : I J.7 .. 2 io ........
i ,- .. ... .1 2 .;U i...... I .1 .T0 ........

....... 12 ;11 ........ .12 (1 ........ .112 .70 ........


Yield



Paci-nt
0 712
.712
.;12

.712
.712
.712
.712
712
112

712
.712


.712
.712

.712
.712
.712
.712
.712
.712
.712

712

.712
.712
.712
.712

.712


STr.-ury bill-, due
Scpl ;. l'"i"

Day I
Spr I'll; Di-co'unti
-- -- ISE
Bid t-k',l


I'reasur) bull-, due i Treasur bills, due Treasury bills, due
Se-pt. 1. i S 1-pl. 12. 1I); S-pl. 29. 1917


d


Dikcnun i


Bid A-Led


'it 1.1


DiLtouni Discount
-- ,i dd -- l ield

Bi m, A-ked Bid A-Led


Treasury bills, due Treasury hills, due
No-. 10. 1l0; Nov. 17. 1937


DLrcouni Discount
--- Yield Y ield

Bid %,'.,td Bid Asked


,/ r. /" I .
,,u .



"[ ..


I-
2-
3.

6
7.


V



14
1l


2-
1;- .' .I
2-
2 .. "1


2
2' '
2, "" "
21 "" i

2
2' -" .. .1
2- '" I'

2.
3., -,. ,
3--
Tn.r ., U' -


Tr%,-un hill-, due


p


F. .i t /- r
- I






-I






~.io .


.11


















IIJ
.11


I ,


- l


12
.. 2
. i.' I

. : 12 ,









IV i

.. ,
. L .


Tria-u'. bills. due- I rv iur bills. due Tr s
[i:c 1. I 'i ; L c IT I D


P r.'. ',tP rc, ,r P.r-i.o, P9t' :I P r, :. p -.-r.m f Pfrreni PeTrc i
IJ 1 I M .. .. U !" O iJ i .. ..... 0 "15
1i "' I .0.... i 51 1U .. ..... h15

I .. i '1 i u i.. 815


n .... 15
.. J .. I, I .. r ... .. .. 8 15
S. i ... '. .. ... ... ...

7 .1 ... i. 10 ..... a li





I .1 3
1 I .. .. 8 15
I. ; I .' 1 1

S.. .. 15



-I l I ... ..
II m ; I -i .' 15




.i ... 915


.. 1 |, ,11 l i 8 15


urn hill .due Tr a-u bills. due Treasury hills. due
ec I. I 31 Dec 22, 1917 Dec. 29. 19J7


DLlicun I
ulld i- lu-ld
Bid -keI ',


ii -I.
~1
.1 ''1



I
I
I

I







'-I




-'I.-
I
-'I..


'I


Diccount Di-coun Discount Discount
u Field I Id I .- --- il-d Yield

BId A.,krd Bid A-Jkd I Bid Acked Bid Asked


*.. r. F 'r I P. Pfer lI t-, I P '/-,ecer,, P'iccrt P rcetf P rfcetlt Percelr
i. .11, I, U ,-i ....... 1J ',I1 (i 1 ^I" ........ 0.8 16
'. ....... i 15 ........ .815
'. ..... I U ........ 815

I. .. A.1 .. .... 15
........ ... 8151
i i" ... ... 816


I ........ .....81

,, ... .... ,, I 81
'' i ... ... -, ', ..... r ..i .. .. 16.


S.'...... :: ..
I I. I 1 U 815
Ii *l I'81




I i I i U ... 15



i ........ B.. .. 5
'0 815
1 ,, I r '. .. .. B 1

I i i I i I' II ". 1 8. 15


I s .,, | '. .I 1 "l t' 8 15
.,, i '11 '. *, '. m, l 1 ". 81.5


,, I I M .... .1 HO .i. 816


"' E I hr I ULU L i J1 1 I .-ni. [. *. lve ltlii I r 11 i A l il.Iil, riii I..; rlirt.eil i liti r .. rl 8 .U ll), Ii t,,ed.


U S Gr&iIHmusT PRIHTINS OFFICI.-373


1 ..
2
3.
41





*1 '



1 .
Ii.



1 .

2
1-
1.
2".

2'
2.

21
2-
2 .
2
29
SO--


, lI7,,


Bid 4-k.d


I-'


I


, d


j' I. F, r. I


.


D[-,<",u n [


% r v.'- I.,