Red supergiants in the LMC – III: luminous F and G stars

New BVRI observations for 40 and spectrophotometric measurements for 3 F to G LMC supergiant candidates (and 3 galactic F to G supergiants) are presented. The errors of the BVRI data are 0.01 to 0.03 mag in most cases. The wavelength range of the spectra is 3400 to 6400 Å, their resolution 10 Å. The mean error of the fluxes is 0.03 mag. Spectral indices measuring the strengths of the Hβ, Hγ, Hδ, NaD and CaII H+K lines, the CHα₀ and CNβ₀ bands, of the Balmer jump and the slope of the continuum redwards are discussed as measures of effective temperature and luminosity on the basis of galactic stars with accurate MK types and parallaxes. The Hγ line and the continuum gradient are very good temperature criteria, the CHα₀ band and especially the Balmer jump for luminosity. The luminosity classification given for F to G supergiant candidates in the LMC in the literature is often doubtful. 5 of the 3 stars observed spectrophotometrically turn out to be probably galactic foreground dwarfs on the basis both of the Balmer jump and the comparison of their flux distributions with synthetic ones based on the Kurucz model atmospheres. Surface gravities derived purely on the basis of flux distributions and such ones given by models of stellar evolution agree with each other for dwarfs and giants only. For supergiants the former are about 1.0 dex higher than the latter. As a consequence effective temperatures and metallicities given by these two methods deviate from each other for such stars, too. The intrinsic colours and temperatures of galactic and LMC supergiants do not differ. With absolute magnitudes up to -9.6 mag the upper luminosity limit in the LMC does not exceed that in the Galaxy, where Ia-0 supergiants have M_V of up to -9.5 mag. The metallicities of the supergiants show a rather large scatter. Nevertheless the mean metallicities of 0.0 ± 0.09 dex for the Galaxy and -0.6 ± 0.10 dex for the LMC agree well with other observations.