The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
B ank and Q uotation SECTION OF THE r OMMFRCIAL & f lNANCIAL ^ HRONICLE Copyrighted in 1»26, according to Act of Congress by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. 0. VOL. 120. B ank and NEW YORK APRIL 4 1925. Q uotation S ection The B ank a nd Q u o ta tio n Section, issued m onthly. Is furnished without extra charge to every annual subscriber of the C h r o n ic le . The R a ilw a y E a rn in g s Section, issued m onthly, containing the sworn returns of earnings and expenses filed each m onth with the Inter-State Commerce Commission, is likew ise furnished without extra charge to every annual C h ro n icle subscriber. The B an k ers C o n v e n tio n Section, issued yearly, giving the detailed proceedings of the annual convention o f the American Bankers A ssociation, Is also furnished without extra charge to C h r o n ic le subscribers. The P u b lic U tility C o m p en d iu m , issued tw ice a year, in April and October, is also furnished w ithout extra charge to every annual subscriber to the C h r o n ic le . The R a ilw a y a n d I n d u s tr ia l C om p en d iu m , issued twice a year on the last Saturday in M ay and Novem ber, is also furnished without extra charge to every annual C h r o n ic le subscriber. The S ta te a n d M u n icip a l C o m p en d iu m , Issued sem i-annually on the last Saturday of June and December, is likew ise furnished without extra charge to every annual subscriber to the C om m ercial & F in a n c ia l C h r o n ic le . Terms for the C h r o n ic le , including the six supplem ents above named, are $10 per annum w ithin Continental United States, except Alaska, $11.60 In Canada and $13.50 in other foreign countries and United States Pos sessions and Territories. Pile covers for the C h r o n ic le are sold at $1.00 each (postage 15 cents additional). Pile covers for Supplements can be had at same price. CHICAGO O F FIC E .— 19 South La Salle Street. LON D O N O F FIC E .— Edwards & Sm ith, 1 Drapers' Gardens, E. C. WILLIAM B. DANA COM PANY. P u b lish e r s, Front. Pine and D epeyster Streets. New York. REVIEW OF M A R C H —COMMERCIAL AND FINANCIAL EVENTS. Events during March may be said to have been of large importance both in their influence on the immediate present and their bearing upon the remoter future. First and fore most unquestionably was the great drop in grain prices and the collapse of the speculation in wheat, which had been in progress for nearly nine months and latterly had been pro ceeding in a perfectly reckless way. Hardly less serious was the similar collapse in the speculation on the Stock Ex change, which covered a shorter period of time, dating back in its pronounced form only to the day after the Presidential election early in November, when political radicalism was dealt such a severe blow, but which speculation had also developed excesses of a very dangerous type. In addition, and perhaps of greatest consequence of all, were the multi plying evidences of a definite setback to trade. Previously there had been complaint that business revival was not pro ceeding as fast as had been counted upon when President Coclidge gained such an overwhelming triumph at the polls. Now it was no longer a matter of the rate of progress of the forward movement, but the extent to which the retrograde movement, which became noticeable on every side, might go. The break in grain prices was itself a factor of no little moment in its relation to trade activity, since if it proceeded too far it meant curtailment of the purchasing power and consuming capacity of the agricultural communities of the West, which constitute a great part of the population of the country, though on this point it is to be said that grain prices, even after the big decline during March, ruled very much higher than a year ago and high enough to yield a very satis factory return to the producer. Unfortunately, however, there were added to the grave apprehensions raised in that regard political happenings and performances at Washing ton of a most disappointing character, all the more disap pointing because they were wholly unlooked for in view of the great victory achieved at the polls last November by the Administration party headed by Mr. Coolidge, who in their policies represented and typified constructive businesss ac NO. 3119. tivity. These latter developments were like a knock-down blow from an unexpected quarter, and business staggered and winced under them. Indeed, except that the Presiden tial election was no longer at stake, they closely paralleled the political happenings of a year ago and which eventuated in a slump in business that wTill not soon be forgotten. In these circumstances it is not strange that confidence should again have begun to wane just as it did in 1924, bringing enterprise to a halt, and that there should have been a simi lar reluctance as then to embark upon new ventures. It should be said that the President himself contributed unwittingly to the shock and disappointment which has had such a retarding effect upon trade and industry. He was inaugurated as President for the four-year term on March * and his inaugural address was everything that could be wished, from the standpoint of those w7ho have the welfare and the prosperity of the country at heart. But he ap~ proved one measure passed by the old Congress whose life expired at noon on March 4 which cannot but be in a measure prejudicial to trade and business. At the very close of the previous month, Feb. 28, he attached his signature to the Postal Salary and Rate Increase Bill, which provides for an average increase in salary of $300 annually for postal em ployees, effective from Jan. 1 1925, adding thereby no less than $68,000,000 a 3’ca r to the cost of the postal service. The President had last June vetoed a similar bill on the two fold ground that it made no provision for raising the addi tional revenue required and that these postal employees, no matter how deserving, had already had several preceding increases, and were now actually getting considerably larger compensation than other employees engaged in the Govern ment service. This veto, too, had been sustained by the Senate on Jan. 6, when action upon it was taken by the old Congress. Those in favor of the salary increase then had a new bill passed, providing for the same salary advances as before, but at the same time raising postal rates of various kinds so as to yield roughly $59,000,000 or $60,000,000 out of the $68,000,000 called for. This bill in its final shape passed both Houses of Congress with practical unanimity—this was after a sharp clash between the two Houses on the right of the Senate (which had passed a bill of its own to that effect) to initiate measures involving appropriations of revenue and had to accept the House bill as a substitute, thereby yielding the point in question—^and in that shape was approved by Mr. Coolidge. This action of the President on the postal bill was a deep disappointment. It was at first sought to provide the addi tional revenue mainly through an increase in the rate of postage on second class matter, in which case the cost would have fallen upon newspapers and magazines, but under the final adjustment of the higher postal charges the change in second class rates will provide only a small part of the in crease in revenue and the bulk of the whole amount will come from higher postage rates in various branches of the postal service. The bill excited little active hostility in its passage through the two Houses, but the general public had counted on the President’s repeating his previous action and again vetoing the measure, this time on the ground that, as he had said in his veto message, that the Government had already “dealt generously with this service,” that the effect of the previous “increases in salary grades over those for the fiscal year 1918 was an increase of $600 to clerks and carriers in postoffices, $500 to railway postal clerks and $600 to rural carriers,” and that “by reason of these increases the Govern ment has paid out during the fiscal years from 1919 to 1923 6 MONTHLY REVIEW an additional aggregate of $450,000,000 in salaries to postal employees above what would have been paid under the scale in effect before the changes.” In the veto message referred to there were numerous other passages that had encouraged the belief that the President would not allow this additional burden to be saddled upon the public. For instance, the message had said with great frankness: “It may be that some adjustments would be justified, but an organized effort by a great body of public employees to secure an indiscrim inate increase in compensation should have the most search ing scrutiny. The needs of the public, the ability of the people to pay, must have some consideration. These salaries have been adjusted three times since 1918, the last time in 1920. Since then the cost of living has decreased rather than increased.” Perhaps the most telling passage of all was the President’s statement that “the people of the nation are pay ing all that it is possible for them to pay.” The statement had particular reference to the payment of taxes, but is not a whit less true of other payments or increased costs of any kind. The addition is now to the postal burden, rather than to the tax burden, but will not be a whit easier to bear. Sixty-eight million dollars a year is a huge sum of money, even in these days of big figures, and the worst of it is it is a permanent addition imposed by the hand of Government, which it will be impossible to get rid of, since wages in the Government service, having once been put up, there is not the remotest probability that they will again be put down. If a private employer finds his wage costs are higher than conditions warrant, he can at least make a common sense appeal to his men and ask for adjustments that will allow him to continue in business. But when Government forces an increase of that kind, there is no chance of redress. As far as can now be foreseen, the addition of $68,000,000 to postal costs is an addition for all time. We dwell thus at length upon the matter because the con sternation felt in trade circles over the postal increase has not found expression in the newspapers, which is perhaps natural, since they have reason to congratulate themselves that such a small part of the total increase is to come from higher rates upon second class matter, in which they are chiefly interested, but in private conversation the extra postal charge is referred to as a very serious matter in these days of narrow profit margins. On top of this there came the political performances in the Senate at Washington which the President had convened in extraordinary session for confirming the nominations to office by him which had not been sent in for confirmation to the old Senate or had been passed over by it without action. It was supposed that the power of a small cabal of radicals to obstruct the Administration in its policies by a union with the Democrats had been definitely broken by the outcome of the Congres sional and Senatorial elections last November. But the course of the new Senate with reference to some of the President’s nominations proved this not to have been the case, and gave grounds for fear that in an emergency the Administration’s hold upon the Senate might prove only less precarious than it had been in the old Senate. The test came in the vote of the Senate upon the President’s nomina tion of Charles Beecher Warren of Michigan to be AttorneyGeneral to succeed Harlan F. Stone, who had been raised by the President to an Associate Justice of the United States Supreme Court. Mr. Warren was opposed by the radical element because of past connections with some of the sugar corporations. When after long debate a vote was taken on the nomination on March 10 it resulted in a tie, 40 Senators voting for confirmation and 40 against. Vice-Presi dent Dawes could have broken the tie by voting for confirma tion, but unfortunately was not present, he having gone to his hotel on the assurance that no vote would be taken or was likely on that day; telephone messages were sent him, advising him to return to the Senate Chamber, but he could not get back until after the vote had been taken. Democratic Senators, with the exception of Senator Overman of North Carolina, voted solidly against confirmation, as also did nine Republicans, including the three La Follette supporters and Senator Shipstead, Farmer-Laborite. The extraordinary character of the Senate’s action will appear when it is stated that Mr. Warren’s rejection is only the sixth case in the entire history of the Government in which the Senate has rejected a President’s appointee for a Cabinet position, and the last previous rejection dates back nearly 60 years, to Jan. 2 1868, when Andrew Johnson was President and the Senate rejected his nomination of Henry Stansbery of Ohio to be Attorney-General, and who had previously served and resigned. President Coolidge thought it advisable to resubmit the nomination of Mr. Warren, and accordingly returned it to the Senate on March 12, but met with even worse defeat. The nomination was again referred to the Senate Judiciary Committee, which this time made an adverse report on it, the vote being 9 to 7. The Judiciary Committee had twice reported favorably upon the nomination—the first time on Feb. 24 in the old Senate, and again on March 6 during the special session of the new Senate. Action, however, upon the nomination had been delayed pending further investiga tion and discussion of charges that the nominee through his connections with the American Sugar Refining Company and the Michigan Sugar Corporation had been involved in a con spiracy to suppress competition in the marketing of sugar [V ol. 120. pulp. The vote on Mr. Warren’s second nomination was taken on Monday, March 16, and resulted in 46 to 39 against confirmation. Senator Overman, who had voted for Mr. Warren on the first occasion, now voted with the opposition, whose ranks were swelled by the presence of Senator La Follette and Senator Howell, urgent calls having been made to absent members over the week-end to be present for the vote. Ten Republicans, including Senators Borah, Oouzens, Norbeck and Norris, voted against confirmation. In the sec ond vote there was included as an issue along with Mr. War ren’s fitness to serve as Attorney-General the question whether the President was acting within his constitutional right in resubmitting a nomination already rejected by the Senate. After the second rejection, the President offered Mr. Warren a recess appointment, but he declined on the ground of unwillingness to prolong a political controversy that might lessen the President’s “opportunities for full usefulness to the nation and possibly interfere with your making wholly effective your policies.” The President thereupon appointed John Garibaldi Sargent of Ludlow, Vt., for the position of Attorney-General. This nomination was sent to the Senate on Tuesday, March 17, and approved unanimously by that body without a record vote. Unfortunately, this action did not stand alone in creating apprehensions and disturbing confidence in the business world. Senator Couzens of Michigan, Chairman of the Sen ate Committee investigating the Internal Revenue Bureau, made sensational allegations of laxity against the Treasury Dept, in the enforcement of Federal tax laws, which it was claimed had caused a loss to the Government of millions upon millions of dollars. The committee asserted that both individ uals and corporations had been favored by the Department wdth large and unwarranted reductions in the amounts of taxes to be paid. It charged that for the years 1917 to 1920, inclusive, the Atlantic Gulf & West Indies Steamship Cor poration had concealed its assets through financial manipu lation and thereby obtained a refund of $7,282,460, out of a total of $9,913,841 imposed as Federal taxation. Secretary Mellon in reply stated that investigation showed that “an insistence of our strictly legal claim would have inevitably put the company into bankruptcy.” Accordingly a compro mise was arranged, whereby $1,280,000 was paid to the Gov ernment in cash and the company agreed not to proceed with a judgment against the U. S. Shipping Board of $1,351,000, making in all the equivalent of a tax payment of $2,631,000. The Secretary added : “The situation was therefore similar to any other crompromise between a creditor and a debtor having many debts and few assets. The creditor took what it thought the debtor could pay. If the United States had insisted on its strict legal rights, it might well have got nothing. This is an application in Goverment of proper busi ness principles familiar to everyone and is no occasion for criticism.” Other allegations of the Couzens Committee were even more startling. The committee charged that by means of unduly high valuations of various copper mining properties, many companies had saved millions in taxes through being granted false depletion allowances. The Anaconda Copper Co. was alleged to have saved $50,000,000 in this way in 1917 and 1918. The committee attacked the Internal Revenue Department’s system of awarding amortization allowances and charged that the United States Steel Corporation had been granted an allowance of more than $21,000,000 in ex cess of the just amount, while the Aluminum Company of America was alleged to have obtained an over-allowance of $6,500,000. Amortization claims totaling $562,000,000 had been allowed, it was stated, and the principles involved were questioned by the Couzens Committee. Both Secretary Mel lon and the companies concerned made explanations going to show that there was nothing irregular in any of the trans actions and that just and equitable principles had been ob served in fixing the tax liabilities of the taxpayers assailed. But the free and easy way in which intimations of further tax liability on the part of corporations (and individuals also, for that matter) running into the tens and hundreds of millions were spread broadcast, was extremely disturbing, and destructive alike of market values and of business confb dence. The Stock Exchange, already weak, wras quick to sense the possibilities, and the effect of the charges was to accelerate the downward movement of values. And, what was worse, the committee was to continue its investigation and not terminate its activities until the coming June, in the meantime presumably giving publicity to further sensa tional charges and allegations from time to time. Business had counted upon freedom from Congressional interference, at least until next November or December. This committee now seemed likely to keep things unsettled the same as if Congress were still in session. The President had prepared the people to look for further tax reductions, so urgently needed as an incentive to the prosecution of enterprise in business, but the action of the Senate now created fears that he might not be able to carry out his policies in that respect without again making concessions to the radical element in the upper House of Congress, while the Couzens Committee held out the threat that attempts might be made to exact additional taxes for back years. The prospect certainly did not seem to be an inviting one, and, taken in connection with the decline in grain prices, was well calculated to create doubt and irresolution throughout the business world. A pril, 1925.] MONTHLY REVIEW The slowing up in business was particularly manifest in the iron and steel trade. The “Iron Age” of this city in its issue of March 26 reported that the week had brought some curtailment of steel and pig iron output. It was slight as yet, but enough to indicate that the daily rates of steel ingot as well as pig iron production for March would fall below the average for January and February. The U. S. Steel Cor poration’s operations were still hanging at about 94% of capacity, but the several independent companies were work ing at reduced percentages. In the Pittsburgh and Youngs town districts the independents were now on an 80% basis, making the average for the industry in those districts about 82%, as against 85% the previous week. In the Chicago district, this publication said, the blowing out of a blast fur nace at Joliet and banking of one at Gary marked “the first change in the busiest of all producing centres.” At Youngs town, one Republic Company blast furnace had been banked and two or three merchant furnaces in western Pennsylvania were likely to go out of blast by Apr. 1. Some Chicago mills were finding specifications beginning to lag,” indicating that with the exceptionally smooth operation of the railroads in the past winter consumers had been well supplied.” While in general the steel price situation had little changed, plates and shapes were scarcely firm, while sheets showed $2 to $4 a ton recession from February asking prices, and wire products could generally be had at the prices ruling before the last formal advance. Pig iron prices tended strongly downward. The “Age” made the composite price of finished steel Mar. 31 2.531c. per pound, against 2.546c. Feb. 24, and comparing with 2.703c. Apr. 1 last year. The composite price of pig iron was given as $21 54 per gross ton Mar. 31, against $22 50 on Feb. 24, and comparing with $22 59 Apr. 1 last year. In the case of the minor metals there were further declines in prices in March, following the decline the previous month. Lake copper at New York was down to 13%c. Mar. 31, against 14%c. Feb. 28 and 15%c. earlier in February. Elec trolytic copper was 1314c. Mar. 31, against 14%c. Feb. 28 and 14%c. earlier in February. Lead in New York was quoted at 8.45c. Mar. 31, against 9c. Feb. 28. 9%c. Feb. 1 and as high as 10.60c. the middle of January. Tin at New York was 52%c. Mar. 31, against 56%c. Feb. 28 and 60%c. early in January. It deserves to be noted that petroleum and gasoline prices also again took a downward turn the latter part of the month, after some further improvement the early part. On Mar. 23 a decrease of from 20 to 25c. a barrel in various grades of Pennsylvania crude oil was announced by the Joseph Seep Agency and Mar. 31 Pennsylvania crude was quoted at $3 55 per bbl., against $3 75 at the end of February, but mid-continent crude for 36 to 38.9 degrees was quoted $2.10 per bbl., against $2. The reductions were in face of a further falling off in the yield of the Wortham oil field in Texas, which dropped to 67,000 barrels per day Mar. 31, against 71,000 barrels per day on Feb. 28 and comparing with a peak of 167,000 barrels per day on Jan. 15. There were reductions also in crude oil prices in other parts of the coun try, several such reductions, for instance, having been re ported at Shreveport, La., in the price of Smackover and Cotton Valley crudes during the month. The bringing in of several additional big wells showed the Smackover field to be increasingly prolific, though production was apparently being held down. The price of gasoline yielded more slowly, but here also there were a number of reductions. The Stand ard Oil Co. of New York, for instance, on Mar. 19 announced that it would reduce the price of gasoline lc. a gallon in its territory, wrhich includes New York and the New England States, to become effective Mar. 20. The reduction made the tank wagon price 20c. and the retail price 24c. The dry goods trade also showed signs of growing inactiv ity. From the woolen and worsted divisions in particular the accounts were unfavorable. It was claimed in certain quarters that recent price advances had tended to restrict operations. Lack of interest on the part of buyers in the market for domestic cotton goods was also ascribed to the character of the final report on cotton ginning issued by the Census Bureau on Mar. 20. This made the production of lint cotton for 1924 13,630,608 running bales, or 13,618,751 bales in equivalent 500-pound bales. The Department of Agricul ture in its final estimate of the size of the crop on Dec. 8 had put the yield at only 13,153,000 bales. At 13,618,751 bales comparison is with a crop of 10,139,671 bales in 1923 and 9,762,069 bales in 1922. To this there should be added somewhere between 750,000 and 1,000,000 bales of linters. The cotton market was sympathetically affected and was generally weak throughout the month, though there were some strengthening influences, such as the continued drought over a large area in Texas and the large cotton exports and also the large domestic consumption of cotton as shown in the Census statement for February. The early part of March, prices of raw cotton, after the rise in January and February, established a further advance, and middling up land spot cotton in the New York Cotton Exchange for sev eral days was quoted at 26.05c. per pound, against 25.35c. at the end of February and 24.50c. at the beginning of that month, but subsequently weakness developed, largely under the influence of depression in the grain and stock markets, and on Mar. 30 the price was down to 24.60c., with the quo tation Mar. 31 24.80c. Print cloths at Fall River were re duced Mar. 4 from 7%c. to 7%c., advanced to 7%c. Mar. 6, 7 and again reduced to 7%c. Mar. 19 and further reduced to 7%c. Mar. 31. The Amoskeag Manufacturing Co. opened its fall line of ginghams on Mar. 4 at an advance of lc. a yard on all numbers, and prices on percales were also advanced %c. a yard by the leading printers on Mar. 4, while advances of % to %jc. a yard were announced on a number of other printed goods. In the woolen division of the market business was also slow. The American Woolen Co. opened its lines of coat, suit and dress fabrics for women’s wear for the fall on Mar. 10 at prices, as far as comparison could be made, rang ing above those of the spring offerings. As there were only five repeat fabrics in the entire offering of 125 different styles, the company made no estimate of any price advance. A Poiret twill worsted, No. 09164, however, was priced at $2 20 per yard, an advance of 15c. over the spring price, and the belief was expressed that this represented the maximum increase made on the worsted goods, with the advance on the woolens slightly higher. The company started its flannel line at an advance of 2%c. over the spring prices. Appar ently, however, the demand for the different goods did not come up to expectations. One reason for this may have been declining prices for raw wool. The London and Australian auction sales all showed lower prices and some of the offer ings were withdrawn. The silk trade seemed in better shape than either cottons or woolens, but the latter part of the month also showed declining activity. Raw silk declined, and Kansai double extra cracks were quoted Mar. 31 at $6 30@$6 35, against $6 65@6 75 Feb. 28, $6 70@$6 80 Jan. 31 and $6 90@$7 00 a pound Dec. 31. Crude rubber sharply advanced and smoked ribbed sheets for spot delivery Mar. 31 were quoted at 42%@43c., and first latex crepe at 43%@ 43%c., against 38%@38%e. and 39%@39%c., respectively, Feb. 28 and 36c. for both on Jan. 31 and 40c. for both on Dec. 31. The collapse in the grain market, and particularly the drop in the price of wheat, was of prodigious extent. It cannot be said that anything developed to show any change in underlying conditions regarding world supplies and world requirements, present and prospective. In fact much will depend upon the probable size of the new crops, and as to these nothing definite can be known for some months to come in the case of the more important producing and export ing countries. As, however, by reason of last season’s defi cient world production of wheat the carry-over into the new season is certain to be below the average, remunerative prices for the Western farmer in the United States seem to be assured for the coming crop, no matter what the extent of the yield here or abroad. But remunerative prices does not mean $2 a bushel at Chicago, and that is the figure to which unrestrained speculation had carried the price. The trouble with the grain markets has been that the wildest kind of speculation has been in progress and that the long continued advance attracted a following on the part of the outside public which in magnitude probably has never before been equaled in this country. Everybody was buying wheat, big traders and little traders alike, and as prices frequently jumped up 5 or 10c. a bushel a day all got the notion that there could be no end to the upward movement. To buy to day was sure to have a big profit to-morrow, or the next day, or, at the worst, next week. The movement dates back to last June, when the September option for wheat sold as low as $104%. On Feb. 2 the present year the May option for wheat at Chicago sold up to $2 02%, or almost double the price ruling eight months before. Then, however, there came evidence that the structure was getting topheavy. Some of the large operators evidently thought it time to get from under and threw over their holdings, which caused a sharp downward reaction, and this in turn wiped out a lot of small traders operating on light margins. By Feb. 11 the May option had tumbled to $1 77%, being a drop of roughly 25c. a bushel in nine days. But bullish enthusiasm still waxed strong and a horde of small operators all over the country now saw a tempting opportunity to get in and par ticipate in the big profits they thought lay ahead. Recovery followed, at first in a hesitating kind of way, then at an accelerating pace and by Feb. 28 the $2 mark had again been approached, the price touching $1 99%. Bullish enthusiasm had apparently been vindicated. During March, however, the course of prices showed that there had been a miscalcu lation somewhere. Prices declined almost from the begin ning. The declines were not small, either—at first 2 or 3c. a bushel a day, then 5c., then 10c. or more, and finally the market broke wide open and there seemed to be no bottom to it, just as two months before it looked as if the upward flight could not be checked short of the skies. May wheat in Chicago, after having sold at $2 02 on Mar. 2 on Mar. 31 dropped as low as $1 40%. It is worth noting, however, that even at this latter figure the price is 38%c. better than on the corresponding date in 1924 when the quotation was only $102%. Wheat options for the other months registered equally pronounced losses. July wheat at Chicago tumbled from $1 74% Mar. 2 to $132 Mar. 31, while September wheat dropped from $1 56% Mar. 2 to $1 25% Mar. 31. Corn and oats prices likewise suffered severely. May corn in Chicago, as against $1 36% Mar. 2, was only $1 02% Mar. 31, and July corn fell from $1 38% Mar. 2 to $1 05 Mar. 31. May oats in Chicago got down to 39c. Mar. 31, against 55%c. Mar. 2, while July oats declined from 57%c. Mar. 2 to 41c. Mar. 31. 8 MONTHLY REVIEW Coffee prices were well maintained, considering the weak ness in the other markets, and No. 7 Rio was quoted at 20c. Mar. 31, against 21%c. Feb. 28, 22%c. Jan. 31 and 24c. Dec. 31. Sugar prices evinced some tendency towards recovery the early part of March from the low levels previously reached, but developed renewed weakness towards the close of the month. Cuban raw sugar, which was 2 31-32c. Feb. 28, advanced to 3%e. Mar. 9, but was down to 2 27-32@2%c. Mar. 31. The wholesale price of refined sugar in this mar ket, which ranged between 6c. and 6.10c. at the end of Feb ruary, was advanced to 6.20c. by a number of the refiners on Mar. 10, but the latter part of the month most of the re fineries reduced to 5.90c., while the Federal Sugar Refining Co. reduced to 5.80c., and the range Mar. 31 was 5.80@6.00. Offerings of new securities continued on an extensive scale during March. The largest single offering of the month was of a public utility pref. stock issue, namely 400,000 shares Electric Power & Light Corp. $7 cum. pref. stock by Bonbright & Co., Inc., at $100 per share, plus accrued divs. from Apr. 1 1925 (initial payment $40 per share, plus accrued divs. on amount paid), each share of pref. carrying when fully paid, % share of com. Kuhn, Loeb & Co. placed $26,000,000 The Pittsburgh Cincinnati Chicago & St. Louis RR. Co. gen. mtge. 5% bonds, Ser “B,” due Apr. 1 1975, at 99 & int., to yield about 5.06% to maturity. H. M. Byllesby & Co., Inc., E. H. Rollins & Sons, Spencer Trask & Co. and Fed eral Securities Corp. disposed of $23,500,000 Oklahoma Gas & Electric Co. 1st mtge. 5% bonds, at 95 & int., to yield over 5.36%. A group of bankers offered successfully $15,587,000 International Paper Co. ref. mtge. 6% bonds, Ser. “A,” at 96 & int., yielding about 6.30%. $15,000,000 Niagara, Lockport & Ontario Power Co. 1st mtge. & ref. 30-year 5% bonds, Ser. “A,” were placed by Blair & Co., Inc., N. Y., and Schoellkopf, Hutton & Pomeroy, Inc., Buffalo, N. Y., at 98% & int., to yield about 5.10%. Bankers offered $12,000,000 Midland Utilities Co. 7% cum. prior lien stock at $98 50 per share & divs. A syndicate headed by E. H. Rollins & Sons and Blyth, Witter & Co. sold $11,500,000 Jersey Central Power & Light Co. 1st mtge. & ref. 20-year 5%% bonds, Ser. “A,” at 97% & int., yielding over 5.70% $8,975,000 Philadelphia Rapid Transit Co. 6% bonds, due Mar. 1 1962, were offered success fully by Dillon, Read & Co. at 99 & int., to yield over 6.06%. Bonbright & Co., Inc., brought out $8,000,000 American Power & Light Co. deb. bonds, American 6% Series, at 95% & int., to yield over 6.25%. $8,000,000 Oklahoma Gas & Electric Co. 6% debentures were sold by H. M. Byllesby & Co., Spencer Trask & Co., E. H. Rollins & Sons and Federal Securities Corp. at 98% & int., to yield over 6.15%. 240.000 shares com. stock The Fair were disposed of at $35 per share by Hornblower & Weeks, Merrill, Lynch & Co. and Paine, Webber & Co. $7,000,000 Utah-Idaho Sugar Co. 1st mtge. 6% serial bonds, were sold by bankers at prices ranging from 97.59 & int. to 100.90 & int., to yield from 5%% to 6%%, ac cording to maturity. Whitaker & Co., St. Louis, Mackubin, Goodrich & Co., Balt., and Wm. R. Compton Co., N. Y., brought out $7,000,000 Houston Oil Co. of Texas 10-year 6%% notes at 100 & int. S. W. Straus & Co., Inc., offered $6,000,000 Book Building & Addition 1st mtge. 6% serial bonds at prices to yield from 5.75% to 6.10%, according to maturity. E. H. Rollins & Sons and Blyth, Witter & Co. headed a banking group which placed $6,000,000 Na tional Public Service Corp. 30-year 6%% coll. tr. bonds, Ser. “A,” at 97% & int., to yield about 6.70%. Bankers sold $5,000,000 Cuyamel Fruit Co. 1st mtge. 15-year 6% bonds at 99 & int., to yield about 6.10%. $5,000,000 Edgewater Beach Hotel Co. 1st mtge. 6% serial bonds were brought out by A. G. Becker & Co. at prices to yield from 5% to 6%, accord ing to maturity. Lehman Bros., Goldman, Sachs & Co. and Salomon Bros. & Hutzler offered successfully $5,000,000 25year 6%% deb. bonds of Bing & Bing, Inc., at 98% & int., to yield about 6.62%. Bankers disposed of $5,000,000 Manufac turers Finance Co. 10-year 6% coll. tr. notes, Ser. “A,” at 99 & int., to yield over 6%%. In addition to the above-mentioned flotations, all of which were of domestic issues, a number of foreign loans were floated in this market during the month. Only one foreign Government issue was brought out during the month, that being $10,000,000 Republic of Finland 7% external loan bonds, which were sold by a syndicate headed by The Na tional City Co. and Lee, Higginson & Co., at 94 & int., to yield over 7.50%. Among the offerings of foreign corporate securities were $15,000,000 Toho Electric Power Co., Ltd. (Toho Denryoku Kabushike Kaisha) 1st mtge. (Kansai Divi sion) 7% bonds, Ser. “A,” placed by Guaranty Co. of N. Y., Lee, Higginson & Co., Harris, Forbes & Co., at 90% & int., to yield over 7.80%. Bankers disposed of $7,000,000 Montreal Tramways Co. gen. & ref. mtge. 5% bonds, Ser. “A,” at 88 & int., yielding over 5.85%. $5,000,000 Alpine Montan Steel Corp. 7% 1st mtge. bonds were brought out by F. J. Lisman & Co., Morgan, Livermore & Co. and A. M. Lamport & Co., Inc., at 91 & int., to yield 7.80%. Harris, Forbes & Co., Lee, Higginson & Co. and Brown Bros. & Co. offered successfully $5,000,000 Electric Power Corp. (Elektrowerke Aktiengesellschaft, Germany) 1st mtge. bonds, 6%% series, due 1950, at 87 & int., yielding over 7.67% to maturity. Corporate dividend announcements again show many in creases. Among the companies announcing larger dividends may be mentioned the following: American Locomotive Co. raised its quar. div. on com. from $1 50 to $2 per share and [V ol. 120. also decl. an extra of $10 per share on com., payable in four installments of $2 50 each, through the year 1925, on Mar. 31, June 30, Sept. 30 and Dec. 31. Western Pacific RR. Corp. decl. a div. of $5 per share in cash on com. and stock divs. of 16 2-3% on both com. and pref. stocks. West Jersey & Seashore RR. decl. a semi-ann. div. of 2%% on com., as against 2% previously paid. Phila. Rapid Transit Co. in creased its quar. div. on com. from 1%% to 2%. The Mo hawk Co. raised its quar. div. from 2% to 3%. The quar. cash div. on United Light & Power Co. (of Md.) “A” and “B” com. stock was increased from 40c. to 45c. per share. A quar. div. of 50c. a share was decl. on Newton Steel Co. com. as against 45e. a share paid the previous quar. The quar. div. on General Railway Signal Co. was raised from 1% to 1%%. Foote Bros. Gear & Machine Co. increased the annual div. rate on its com. stock from 80c. to $1 a share, payable in quar. installments of 25c. a share. Reece Buttonhole Machine Co. raised its quar. div. from 3% to 3%%. A quar. div. of 1%% was decl. by International Buttonhole Sewing Machine Co., as compared with previous divs. of 1% quar. Otis Elevator Co. decl. a quar. div. of $1 50 per share on com., as against $1 per share paid previously. Singer Mfg. Co. raised its quar. div. from 1%% to 2%%. The quar. div. on Landers, Frary & Clark was increased from 2% to 3%. Devoe & Raynolds Co., Inc., increased its quar. div. on com. from 1%% to 1%%. Sparks-Withington Co. decl. a quar. div. of 75c. a share and an extra of 50c. a share on com., as against a quar. div. of 50c. and an extra of 50c. per share previously paid. White Rock Mineral Springs Co. raised its quar. div. on com. from 20c. to 30c. per share and decl. an extra of 80c. a share and also increased its 2d pref. div. from $1 25 per share to $1 50 per share and decl. an extra of $4 a share on that stock. The quar. div. on Utah Apex Mining Co. was raised from 25c. to 35c. per share. American Felt Co. paid a cash div of 31%. The following companies resumed payment of divs: Wa bash Ry. resumed divs. on Class “A” pref. United States Smelting resumed on com. National Cloak & Suit Co. re sumed on com. Divs. were also resumed by Butte & Supe rior Mining Co. Miller Rubber Co. resumed on com. The companies we now list announced initial payments: Caro lina Clinchfield & Ohio Ry. and the Midland Valley RR. decl. initial divs. on com. An initial div. was decl. on Rem ington-Noiseless Typewriter Corp. pref. Goodyear Tire & Rubber Co. decl. an initial div. on its 7% pref. Murray Body Corp. inaugurated divs. on its com. shares. An initial div. was decl. on Canada Dry Ginger Ale, Inc., Class “B” stock. Telautograph Corp. began divs. on com. Mountain & Gulf Oil Co. decl. an initial div. of 2% and an extra of 1%. Bucyrus Co. decl. an initial div. on com. Stock div. declarations were announced as follows: American Gas Co. decl. a stock div. of 22%% on com. Canfield Oil Co. decl. a stock div. of 20%. on com. St. Croix Paper Co. paid a 33 1-3% stock div. on com. A stock div. of 100% was decl. on Sanducky Cement Co. com. Reo Motor Car Co. decl. a 33 1-3% stock div. and an extra cash div. of 1% in addition to the usual quar. div. of 1%%. The following companies declared extra divs.: Ohio Brass Co. decl. $2 per share extra on com. United States Lumber Co. decl. an extra of 2%%. Gibson Art Co. decl. 10c. per share extra on com. Draper Corp. paid an extra of $2 per share. An extra of 25c. per share was decl. on Pro-phy-lac-tic Brush Co. com. On the other hand, there were a few announcements of dividend reductions: Transue & Williams Steel Forging Corp. reduced its div. from 75c. to 50c. per share quar. The quar. div. on Detroit Creamery Co. was decreased from 3%% to 3%. Reece Folding Machine Co. cut its quar. div. from 1% to % of 1%. Merck & Co., N. Y., decl. a quar. div. of 1% on its 8% cum. pref. stock, as against 2% paid in previous quarters. Appleton Co. reduced its quar. div. from 10% to 7%%. Canadian Conn. Cotton Mills, Ltd., decl. a quar. div. of 1% on its 8% cum. pref., as compared with previous pay ments of 2%. Richard Borden Mfg. Co. decreased its div. from 1%% to 1% quar. Flint Mills cuts its quar. div. from 2% to 1%. The stock market suffered a profound collapse during March. The slump in prices was of such huge extent that it would be difficult to find parallels to it in the past except in periods of panic. As in the case of the grain markets, too, the downward movement kept steadily gaining momen tum. During the early days of the month there was still a considerable manifestation of strength, with the trend of prices upward, and quite a number of stocks then touched their highest figures of the year. But the course of values was quickly changed, and a decline began which continued almost without interruption until the end of the month. The losses at first were light, then grew larger and still larger, and finally the market broke wide open and there seemed to be no limit to the depths of its descent. The ostensible reason for the great shrinkage in values was the big break in the grain markets, and certainly stocks had been vigor ously bulled for many months on the rise in grain prices and the great improvement thereby wrought in the position of the agricultural sections of the West. The real reason for the collapse was that the speculation had been carried too far, developing recklessness and excesses, and inviting the penalties that invariably attend the process. While a large body of stocks had been moving forward only in moderate fashion, there were others that had been whirled upward A pril, 1925.] MONTHLY REVIEW with dazzling rapidity, and the pools operating in them ap peared to imagine that their performances could be contin ued indefinitely. Repeating the experience in the case of wheat they were able to attract a big following, even more reckless than themselves. The huge profits already to the credit of the manipulators was the lure and the bait that tempted the unwary outsider. As evidence of the character and extent of the speculation and the length to which it had been carried, brokers’ loans on the Stock Exchange were re ported at $2,100,000,000 Mar. 6, as against only $1,350,000,000 Aug. 18 1024. On Mar. 24 (which was a week before the final collapse on Mar. 30), as a result of the intervening liquidation they were reported down to $1,800,000,000. To sum up in a nutshell, the speculation had reached a dangerous character. Merit and value were no longer the controlling considerations. Manipulation counted for more than intrinsic worth. Many of the large operators recog nized this, and sold out. Some of them went away for rest and vacation; others turned bears and sold short from re treats like Palm Beach. As it happened, too, quite a num ber of financiers identified with prominent properties and who usually come to the support of these properties in time of market weakness, had left the country and were sojourn ing abroad. In short, the market was now exceedingly vul nerable to attack and equally vulnerable to bad news. And the attacks proved vigorous and the bad news came in abundance. As was to be expected under the circumstances, many of the adverse developments were magnified out of all proportion to their importance. As the decline proceeded stop orders were reached and the throwing over of such stocks enabled the bear operators to cover their short com mitments and to drive prices still lower. There seemed to be, too, a complete lack of supporting orders, with the result that prices often broke several points on the sale of a few hundred shares. Of the main depressing influences the collapse of the grain markets was undoubtedly foremost. Hardly less in impor tance were the unfavorable reports regarding trade. As indicated above, it seemed as if trade revival, instead of making further headway, had definitely terminated, and was now being superseded by a retrograde movement. From the textile trades the accounts were far from what could be wished, and the influence of this, in the case of particular properties, was seen in the further great drop in American Woolen stocks, common and preferred. Both had not so long ago been deemed assured dividend payers, but the common passed off the dividend list in October 1924, and this stock, /after having dropped to 48% Feb. 18 from 64% Jan. 6 and 78% in January last year, broke further to 42% Mar. 13, and then to 36% Mar. 23, with a weakening effect on the entire market. Later in the month came the reports of railroad earnings, and quite to the surprise of everyone, many of them made a very unfavorable showing as compared with the same month in 1924, when quite the contrary had been expected. February the present year had one less day than the same month last year, but the losses appeared to be too large to be explained by that circumstance. The unfavorable nature of these revenue statements seemed to lend additional support to the reports of poor trade and business. The ac tion of the U. S. Senate on President Coolidge’s nomination for the office of Attorney-General and the allegations by the Couzens Committee of income tax evasions by corporations and other large taxpayers tended further greatly to unsettle confidence, since they suggested the possibility that a small bunch of radicals might be able to obstruct the Administra tion’s tax reform scheme and interfere with the carrying out of some of the Administration’s other policies. The railroad list was dealt a severe blow by the placing of the Chicago Milwaukee & St. Paul Ry. Co., operating one of the largest railroad systems in the United States, with over 11,000 miles of road, in the hands of receivers. The receivership was decided upon at a meeting of the directors held in New York on Mar. 17, but the advisability of taking that step had been under consideration for many days before, and in the meantime the securities of the company had been steadily declining, bonds as well as stocks, with the effect of depressing the entire market. There was no reason why the receivership should have been treated as a new development, since with $47,000,000 of bonds maturing in June and earnings unsatisfactory, a receivership and reorganization had been deemed inevitable for the previous two years. But in the un settled condition of the stock market the fact that a system with a bonded debt of approximately $435,000,000, and with outstanding stock of $230,000,000 had been forced to the wall, was pictured as an alarming event. Moreover, it served once more to give prominence to the unsatisfactory condition prevailing in that part of the country. The poor returns of February earnings which came later in the month from the Milwaukee & St. Paul, the Burlington & Quincy, the North ern Pacific and neighboring transcontinental lines, served still further to emphasize the adverse situation referred to, quite in contrast with the showing made by the Southwestern group of roads, like the Missouri Pacific, the Missouri-Kansas-Texas and the St. Louis-San Francisco. There were many other inauspicious happenings during the month which in the sensitive condition of the market proved deeply disorganizing, and some of them were given, as already stated, greatly magnified importance. As one instance, the annual report of the U. S. Steel Corporation for 9 the calendar year 1924 was made public on Monday, Mar. 23, and proved, as the quarterly statements of the company is sued with undeviating regularity during the course of the year had made evident would be the case, highly favorable, considering that the iron trade during a good part of that year had been in a state of extreme depression. But in the stock market attention was focused on the fact that the grand aggregate of the value of the business transacted by the different subsidiary corporations in 1924 had fallen $307,703,014 below that of the preceding calendar year, the total for 1924 having been only $1,263,711,469, as against $1,571,414,483 for 1923. This large loss was treated as if it were something new, instead of as reflecting poor trade con ditions which had passed away, and made to do duty in depressing prices and spreading a feeling of gloom. Steel common sold down to 112% Mar. 30, against 125% Mar. 6, and 129% Jan. 23. About the same time the affairs of the Interborough Rapid Transit Co. were given great promi nence in connection with the statement made by James L. Quackenbush, General Attorney for the company, that the present 5-cent fare was inadequate, and that unless the company were granted a higher rate it would be financially impossible for it to carry through the McAvoy recommenda tions for major improvements, especially the platform length ening, the cost of which it was estimated would be about $28,000,000, of which the company’s portion would be onehalf. There was some talk of a possible receivership for the I. R. T., which was promptly repudiated, but the common shares on Mar. 23 dropped to 13%, against 30% Mar. 6 and 34% Feb. 9. Manhattan Elevated dropped Mar. 21 to 65, against 90 Mar. 6 and 100 Jan. 14. Naturally, BrooklynManhattan Transit stock and the shares of the other local traction properties also slumped badly. The action of the Western Pacific RR. Corp. on Mar. 11 in declaring a divi dend of $5 in cash on the common stock and a distribution of one share of pref. and one share of common stock for each six of its shares of com. and pref. outstanding (being a stock distribution of 16 2-3%) was followed by a jump in the com. stock on that day from 38 to 55, but by Mar. 30 the stock was down again to 37%, with the close Mar. 31 at 39. The acquisition by the Chic. R. I. & P. Ry. of a dominant interest in the stock of the St. Louis Southwest. Ry., or Cotton Belt line, from Edwin Gould, was an unlooked-for event which might have been expected to have a beneficial influence on the Stock Exchange, since it was in line with the plans for railroad consolidation in different parts of the country so generally advocated, but nevertheless did not prevent a very bad slump in the stocks of both companies, St. Louis South western com. selling down to 44% Mar. 30, against 53% Mar. 2, and Rock Island com. dropping to 40% on the same day, against 54% Mar. 3. On Mar. 7, on a report that the receivership of Wilson & Co. (one of the big packing con cerns) was about to be terminated without an assessment, the preferred shares of the company suddenly shot up from 41 to 60, but dropped to 30% the following Monday (Mar. 9), when it appeared that the report was premature, and on Mar. 12 tumbled further to 22%. The close Mar. 31 was at 34, the reorganization plan having been announced on that day. And unfortunate incidents of that kind, which served further to disorganize the stock market already in a state of utter demoralization, might be enumerated in large num bers. On the other hand, hosts of stocks tumbled with frightful rapidity without seeming cause, except that their previous rise had been palpably overdone and they now col lapsed under their own weight and that of the general mar ket. To attempt to mention all the stocks that suffered bad breaks would mean enumerating practically the entire list. It must suffice, therefore, to refer merely to the most strik ing instances of decline. These, of course, include the spe cialties which had previously been boosted in such pro nounced fashion. U. S. Cast Iron Pipe & Foundry com., with which the name of W. C. Durant of motor car fame had been conspicuously linked, doubtless stands foremost in that respect. It dropped to 152 Mar. 30, as against 244% Mar. 3 and 250 Feb. 11. American Can com., after reaching a new high figure at 185% Mar. 6, tumbled to 158% in the general break on Mar. 30. The equipment stocks were also very con spicuous in that respect. American Locomotive com., after reaching its high figure for the year at 144% Mar. 6, dropped to 119 Mar. 30, and Baldwin Locomotive com. tumbled to 107 Mar. 30 from 144% Mar. 3 and 146 Feb. 26. American Car & Foundry com., after reaching a high of 232% Mar. 6, touched 194 Mar. 30. Mack Truck com. touched 121% Mar. 23, against 143% Mar. 3 and 148% Feb. 10. Texas Gulf Sulphur, after touching 113% Mar. 13, was down to 98 Mar. 30. In the general tumble even high grade stocks of un doubted merit did not escape. General Electric may be men tioned as one instance of this. After having risen from 244% Mar. 2 to 277 Mar. 12, it dropped back to 251% on Mar. 30, though closing at 262% Mar. 31. The oil stocks showed greater resistance to the decline than most other groups, notwithstanding oil and gasoline prices were again marked down the latter part of the month, as already noted. Nevertheless, Tidewater Oil sold at 122 Mar. 30, against 149% Mar. 2 and 152 Feb. 27. The motor stocks also dis played considerable firmness as a class, the best illustration of which is perhaps furnished in the case of Nash Motors stock, which on Mar. 26 made a new high at 298, against 10 MONTHLY REVIEW 252% Mar. 10, and in the general tumble on Mar. 30 dropped no lower than 285. Even in the case of the railroad stocks, declines of 10 points or more were not uncommon. Southern Pacific sold at 98% Mar. 30, against 105% Mar. 2, Union Pacific com. dropped to 135% Mar. 25, against 150 Mar. 2 and 153% Jan. 10, while Atchison, after selling at 127% Mar. 2. the high of the year, was down to 117 Mar. 23. New York Central dropped to 114 Mar. 30, against 123% Mar. 3 and 124% Jan. 13. Chicago & North West com. was one of the conspicuously weak railroad stocks and dropped to 52% Mar. 27, against 71% Mar. 3 and 75% Jan. 12. Northern Pacific com. made a new high for the year on Mar. 6 at 71%, but Mar. 30 sold at 59%. Mo.-Kan.-Tex. com. dropped from 40% Mar. 4 to 29% Mar. 30. Norf. & West. com. was pushed up sharply several times during the month on talk of a lease to the Pennsylvania, and on Mar. 20 reached 134%; Mar. 30, however, saw the price down to 123%, the lowest figure of the year. Announcement of the resumption of dividends on Wabash pref. A stock sent that stock up to 67 Mar. 21, but nevertheless it dropped to 59% Mar. 30. It should be stated that the weakness of the stock market was reflected to some extent in the bond market, where a tendency to lower prices was also manifest, the declines varying according to the character of the issues. The Mil. & St. Paul junior issues, of course, broke badly on the news of the receivership. The debenture 4s of 1925 got down to 46% Mar. 20, against 68% Mar. 2 and 78% Jan. 7, and the refunding 4%s, series A, touched 43% Mar. 20, against 53 Mar. 3 and 54 Jan. 8. The underlying liens, those which are not to be disturbed in the coming reorganization, on the other hand improved. The general 4s, series A of 1989, after selling down to 70% Mar. 18, advanced to 74% Mar. 31. VOLUME OF BUSINESS ON THE STOCK EXCHANGE. Montt: of March— 1925. 1924. 1923. 1922. Stock sales—Number shares. 38,294,393 18,315,911 25,964,666 22,820,173 Bond sales (par value)— Railroad & mlscell. bonds.$225,512,500 $175,287,000 $163,710,000 $174,833,500 U .S . Government bonds.. 33,361,600 75,096,000 67,313,154 178,470,900 State, municipal and for eign bonds...................... 51,067,000 29,631,000 39,153,000 62,525,000 Total bond sales.............. .$309,941,100 $250,014,000 $270,176,154 $415,829,400 Jan. 1 to March 31— Stock sales—^Number shares. 112,659,392 65,894,859 68,858,982 55,467,646 Bond sales (par value)— Railroad & miseell. bonds_$725,300,800 $524,969,000 $474,786,500 $457,285,350 U .S . Government bonds.. 119,414,200 222,602,000 205,506,770 531,887,150 u iu m u ip jti a i i u lo r - elgn bonds...................... 150,434,250 93,973,000 136,034,900 159,146,000 Total bond sales.................$995,149,250 $841,544,000 $816,328,170$1148,318,500 There was a further stiffening of rates in the local money market during March, mainly confined to the call loan branch of the market. With trade noticeably slackening, there was no increase in the mercantile demand for accom modation. The large Federal income tax payments, how ever, due Mar. 16 (Mar. 15, the customary date having been Sunday), and the Treasury March financing, which we have seen was on an extensive scale, involving heavy payments into the Treasury on the new obligations put out and heavy payments out of the Treasury in redemption and payment of maturing obligations, naturally caused some temporary dislocation of funds, and the influence of this is always reflected mainly in an increase in the inquiry for demand loans. The U. S. Treasury arranges its own borrowing through the Federal Reserve banks, and as a matter of fact, the Federal Reserve banks in their combined statement at the close of business on Mar. 18 reported holdings of $100,500,000 of special 1-day certificates issued by the Treasury to the New York, Philadelphia and Chicago Reserve banks pending the collection of income taxes due on Mar. 16. But the mercantile banks are, of course, obliged to finance the needs of taxpayers in connection with their income tax payments and also the requirements of subscribers for the new Government obligations. The urgency of speculative requirements may be said to have been extreme. A gigantic speculation in both grain on the produce exchanges and in stocks on the Stock Exchange had been in progress for many months. This in both instances completely collapsed dur ing March and aggregate borrowing on that account at the end of the month must have stood far below that at the be ginning of the month, when it was unquestionably at the peak—a peak that had caused consternation and alarm. Brokers’ loans on the Stock Exchange, it is known for a cer tainty, were heavily reduced during the month, as noted further above. The reduction came as a result of the exten sive liquidation of speculative holdings forced by the decline in prices. But the same break in prices led to very exten sive calling of loans as margins neared the point of exhaus tion or induced by the fear that they might prove inadequate in view of the progressive character of the decline, or be cause the lenders deemed it safer and more conservative not to run any further risks on that account. The latter cir cumstance occasioned much shifting of loans from one in stitution to another and frequent upward spurts in call loan rates followed as a matter of course. It should also be remembered that the New York Clearing House banks on two of the four Saturdays of the month showed a heavy de ficiency below the required legal reserves, which made call ing of loans on their part a necessity (unless they should have recourse to the facilities of the Federal Reserve Bank, which some of them are not unwilling to do on extreme occasions but all are reluctant to do as a general thing), and which made the money market more than ordinarily sensi tive. { Y o u ISO. Following the 1st of March interest and dividend and other disbursements, the trend of call money rates in the early days of the month indicated that the course of the money market was governed by the general money position, that is, the current supply and demand and not by the action of the New York Federal Reserve Bank, which on Friday, Feb. 27, had advanced its rediscount rate from 3 to 3%%. The call loan rate on the Stock Exchange on Monday, Mar. 2, was still 4%%, which was the only rate quoted on that day, and the same is true of the next day, Mar. 3. But by Friday, Mar. 6, the quotation was down to 3%%, this being again the only rate for the day. The renewal rate followed a similar course; it was 4% Mar. 2 and 3; 4% Mar. 4; 3% Mar. 5 and 3% Mar. 6. The following Monday, however, the whole situ ation once more changed—and again in response to money market conditions. The Clearing House bank statement on Saturday, Mar. 7, had showin a heavy deficiency below the required legal reserves, indicating that the banks were suf fering renewed strain. As a consequence, a further calling of loans ensued and the call loan rate spurted to 5%. The renewal rate on that day was still 3%, but the next day it was marked up to 4%% and was kept at that figure until Friday, Mar. 13, when there was a reduction to 4%, with a further marking down on Mar. 18 to 3%%, and this remained the renewal rate each day thereafter until Friday, Mar. 27, when it was marked up to 4%, and some loans were nego tiated at as high as 5%, while the following Monday (Mar. 30) 5% was again charged on some loans, with the renewal rate 4%%, and on Mar. 31 the renewal rate for further ad vanced to 4%%, which also was the rate on all other loans. The renewed advance the last half of the month was nat ural in view of the fact that the Clearing House banks in their return for Mar. 21 had again shown a large deficiency below the required legal reserves and the further fact that the large Federal income taxes fell due on Mar. 16, though as these are paid chiefly by check and the Government is completely overwhelmed, at least at this centre, by the huge number of the returns, the money represented by the checks was not actually drawn out of the banks until a day or two thereafter. The Clearing House return for Mar. 28 showed that the banks had again wiped out the deficiency in re serves and thus improved their position, but preparations for the Apr. 1 disbursements then came in to add to the ten sion. Rates for time loans at first tended upward, then eased off. The rate for 4, 5 and 6 months was first ad vanced from 4% to 4%@4%%, then dropped to 4%% ; 60 and 90-day loans were at first 4%, then there was an advance for 90 days to 4@4%%, and these were the quotations at the end of the month, namely 4% for 60 days and 4@4%% for 90 days. Rates for commercial paper were marked up %%, and at the close of the month were 4% for 4 to 6 months’ names of choice character, with names less well known requiring 4%%. New England mill paper and the shorter choice names were dealt in at 4%. The market for paper was mod erately active at the close, but with country bankers the principal buyers. There was no change during March in the rates for bankers’ acceptances, but for call loans against such acceptances the posted rate of the American Acceptance Council, after first being lowered from 3%% to 3%, was advanced again to 3%%, then lowered to 3%, and finally put back to 3%%. On Mar. 31 the Acceptance Council made the discount rate on prime bankers’ acceptances eligible for purchase by the Federal Reserve banks 3%% bid and 3%% asked for bills running 30 days; 3%% bid and 3%% asked for bills running 60 to 90 days; 3%% bid and 3%% asked for bills running 120 days and 3%% bid and 3%% asked for bills running 150 and ISO days. The action of the Federal Reserve Bank of New York at the end of February in ad vancing its rediscount rate had no effect on any of the other Reserve banks and there were no changes during March in the rates of any of the Federal Reserve banks. RATES FOR MONEY AT NEW YORK, WEEKLY. Mar. 6. Mar. 13. Mar. 20. Week Ending— Call Loans on Stock Exchange— Range for week (mixed & indus. collateral) _-3&-4H 3H-5 3 -4 Week’s average (mixed & Indus, colateral). 4 4 3*4 Time Loans (Mixed & Industrial Collateral)— 4 4 Sixty days_________ ______ _________ -3^ -4 4 -4 X 4- 4 X Ninety d a y s _________________________ -3*4-4 Four months________________ _____ ___ 4 X 4 X -4 X 4 -4 y2 Five months. __________________ ____ 4 X 4K-4K 4 -4X Six m on th s___________ . . ................... 4M 4M-4K 4 -4H Commercial Paper— Double and single names— 4 Prime 4 to 6 months_________________ 3*4 3*4-4 4 Good 4 to 6 months______ _________ 4 -4 X 4X M ar. 27. 3X -5 3X 4 4 4 4 4 -4H -4 ‘4 -4 4 -4'A 4 4X In sterling exchange the influence of greatest importance perhaps during March was the marking up by the Bank of England of its discount rate from 4% to 5% on Mar. 5. The action had been expected, and was in response to the ad vance in the rediscount rate of the Federal Reserve Bank of New York the previous week. It was also in accord with the traditional policy of the Bank, which is to keep the Bank rate above the open market rate, and the latter had been ruling considerably above 4%. Trade circles in Great Brit ain did not appear to like the advance in the Bank rate, arguing that the higher cost of borrowing imposed an addi tional burden on commerce, but the moving consideration with the directors of the Bank of England appeared to be that a considerable margin between the London rate and the New York rate must be maintained in order to attract float ing supplies of capital and make it an object for bankers to 11 MONTHLY REVIEW A pril, 1925.] leave their balances in London rather than transfer them to New York or elsewhere. The effect on sterling exchange of the advance in the Bank rates was at first slight, since the action had been foreshadowed the previous week and had led to an upward reaction in exchange at the very close of February after the sharp decline the rest of February. In other words, the rise in the Bank rate had been discounted in the exchange market. Thereafter, however, exchange rates on London improved quite in contrast with the down ward movement which had characterized dealings in sterling during February. The big break in the grain market induced extensive purchases of grain on behalf of foreign countries, which still found themselves short of the needed supplies of grain. Liberal quantities of sterling, franc and lire bills came upon the market to pay for these purchases, and this caused some sagging off in rates, but on the other hand, the conviction kept growing among bankers that there would be a speedy return to gold parity, which prevented short sell ing of exchange on any considerable scale. The speech of Austen Chamberlain, the British Secretary of State for For eign Affairs, on Mar. 24, had a decidedly assuring effect on market sentiment. Demand bills on London were at their lowest on Mar. 2 at 4 75%, and at their highest Mar. 13 at 4 79, with the rates Mar. 31 4 77%@4 77%. In Continental exchange the French franc continued de cidedly weak the early part of the month, but sharply ad vanced the latter part. There were still fears, however, that the legal limit of note circulation of the Bank of France might have to be extended beyond the present maximum of 41,000,000,000 francs. Further expansion in Bank note cir culation occurred and on Mar. 25 the total of the note circu lation established a new high record at 40,892,066,000 francs, and on April 1 showed a further increase of 11,799,000 francs, The recovery in the franc the latter part of the month was in part the result of reductions by the French Senate in the budget bill, as it had passed the Chamber of Deputies, but it followed perhaps still more as a consequence of the an nouncement by Finance Minister Clementel that the idea of placing an embargo on capital exports had been abandoned as unworkable. Furthermore, some support appeared now to be extended to the franc. At all events, whenever any at tempt to sell was made buying orders were immediately in evidence, with the result that quotations were not only main tained, but advanced. Another factor which served to strengthen francs was the covering of short commitments. It was the understanding that fairly heavy forward sales made earlier in the year would fall due the end of March; hence the necessity for finding cover for these commitments. Bankers’ checks on Paris were down to 5.03 Mar. 3, but got up to 5.36 Mar. 30, with the range Mar. 31 5.24%@5 33%. The Italian lire developed strength after early weakness. The latter followed partly as a result of uneasiness over a labor strike and partly in consequence of the severe economic measures adopted by the Italian Government for the purpose of checking the constantly expanding wave of speculation, including reduction in note circulation and the establishment of a 25% margin on forward transactions in securities. These measures, though exercising a depressing influence for the time being, were counted upon to improve the posi tion of exchange eventually. Conflicting reports regarding the nature of Premier Mussolini’s illness also had an adverse effect on the lire, but the latter part of the month the Pre mier’s appearance in person in the Chamber of Deputies, and the vigor with which he spoke and acted, allayed appre hensions in that respect, while the enthusiasm with which he was received and the skillful way in which he dealt with the strike situation, which at one time seemed to have possi bilities of serious political consequences, appeared to afford assurance of reasonable stability for the immediate future. Sight bills on Rome were down to 3.98 Mar. 3 and were at their highest Mar. 31 at 4.14. In Greek exchange also there was further weakness the first half of the month, but decided recovery the last half. From 1.59 Mar. 2 the drachma got down to 1.48 Mar. 10 and then rose to 1.64% Mar. 23, with the quotation Mar. 31 1.57%@1.60%. The German gold mark did not deviate from 23.81 throughout the month, nor was there any change from .0014% in the Austrian crown. Note circulation of the Bank of Germany showed a contrac tion of 70,627,000 marks the first week of the month, of 87,814.000 marks the second week and of 81,880.000 the third week. The Bank of Hungary the latter part of the month reduced its discount rate from 12% to 11%, but on the other RATES OF EXCHANGE ON CONTINENTAL CENTRES. N ote.—Method o f quoting French, Swiss and Belgian francs and Italian lire changed on Dec. 1 1920 to show th e value o f all th ese different un it* In cen ts per u n it. T he previous method o f quoting was to give th e number of francs or lire to th e dollar. Greek Paris Now quoted in Swiss Italian Amsterdam Antwerp Francs Francs Lire Cents per Drachma Guilders Francs >1 Checks Bankers' SUN 5.05 a5.10% 5.03 a5.05% 5.06%a5.09% 5.08%a5.10 5.12 a5.18% 5.18 a5.21% SUN 5.09%a5.16% 5.11 a5.14% 5.13 a5.16% 5.11 a5.14 5.13%a5.15% 5.14%a5.15% SUN 5.13%a5.14 5.14%a5.17% 5.17 a5.20% 5.16 a5.16% 5.17%a5.19 5.17%a5.17% SUN 5.17%a5.20% 5.22 a5.23% 5.22%a5.24% 5.23%a5.29% 5.27 a5.30% 5.25%a5.26% SUN 5.27%a5.36 5.24%a5.33% Cables Checks DAY 5.06 a5, 11% 5.04 a5. 06% 5.07%a5 10% 5.09%a5 11 5.13 a5 19% 5.19 ah. 22% DAY 5.10%o5. 17% 5.12 a5. 15% 5.14 a5 17% 5.12 a5 15 5.14%a5 16% 5.15%a5 16% DAY 5.14%a5. 15 5.15%a5, 18% 5.18 a5. 21% 5.17 ah. 17% 5.18%a5. 20 5.18%a5. 18% DAY 5.18%a5. 21% 5.23 a5. 24% 5.23%a5. 25% 5.24%a5. 30% 5.28 ah. 31% 5.26%a5. 27% DAY 5.28%a5. 37 5.25%a5. 34% March 1 ______________ 2 ______________ 3 ______________ 4 ______________ 5 ______________ 6 ______________ 7 ............................. 8 ______________ 9 ______________ 1 0 ______________ 1 1 ______________ 1 2 ....................... . . 1 3 ______________ 1 4 ______________ 1 5 ______________ 1 6 ______________ 1 7 ______________ 1 8 ______________ 1 9 ______________ 2 0 ______________ 2 1 ______________ 2 2 ............................. 2 3 ............ ................ 24 2 5 ______ ________ 2 6 ______________ 2 7 ______________ 2 8 ______________ 2 9 ______________ 30 ............................. 31 ______________ Bankers’ SUN .21 al9.22 .21 019.22 .21 al9.22 19.22% .22%a.23% 19.24 SUN .23% a.24% 19.24% 19.24% .24%al9.28 .28 al9.29 19.28% SUN 19.29 ■27%a.28% •26%al9.27 19.27% 19.27 19.27 SUN 19.27% ,27al9.27% 19.28% .27%a.28% .27%al9.28 19.27 SUN 19.28% 19.27% Cables Sight Bankers' Checks Cables Cables DAY SUN DAY 19.22 al9.2339 89 a39.93 39.93 039.97 19.22 019.2339 85 a39.89 39.89 039.93 19.22 al9.23 39 88 039.91 39.92 039.95 19.23% 139 90 a39.93 39.94 039.97 19.23%a.24% 39 83 a39.91 39.93 a39.95 19.25 139 87 a39.89 39.91 039.93 DAY SUN DAY 19.24%a.25% 39 89a39.90% 39.93039.94% 19.25% 39 90a39.90% 39.94039.94% 19.25% |39 88%o39.91 39.92%a39.95 19.25%al9.29 39 91 039.92 39.95 039.96 19.29 019.3039 94 039.98 39.98 O40.02 19.29% 39.96 40.00 DAY SUN DAY 19.30 93 a39.96 39.97 O40.00 19.28%o.29% 93 o39.95 39.95 039.97 19.27%al9.2839.'91a39.93% 39.93a39.95% 19.28% 90a39.93% 39.92a39.95 19.28 89 039.91 39.91 039.93 19.28 87%a39.88 39.88%a39.90 DAY SUN DAY 19.28% 86 039.89 39.88 039.91 19.28al9.28% 81 039.86 39.83 a39.88 19.29% 83%o39.86 39.85%a39.88 19.28%a.29% 87 039.88 39.89 039.90 19.28%al9.29 87a39.88% 39.89039.90% 19.28 83 039.86 39.85 039.88 DAY SUN DAY 19.29% 81 a39.86 39.83 a39.88 19.28% 80 a39.82 39.82 039.84 Sight Bankers’ Cables Bankers' Checks Cables SUN DAY SUN DAY SUN DAY 1.59% 1.59 .98 a5.00% 4.99 a5.01 %I3 ,99%a4.02 4.00%o4.03 157% 1.57 99%a.01% 5.00%a.02% 3 98 o.99% 3.99 a4.09% 1.55% 1.56 .02 a.02% 5.03 a.03%5 .99%o.01% 4.00%a.02% 1.54 1.53% .02%a.03% 5.03%a.04% 4 03%a.04% 4.04%a.05% 1.53% 1.52% .03 a.06 5.04 a.07 4 .06% a.08% 4.07%a.09% 1.52% 1.52% 06 a.06% 5.07 a.07%4 .06% a.09% 4.07%a.l0% SUN DAY SUN DAY SUN DAY 1.49% 1.50% .02 a.03% 5.03 a .04% [4.07%a.l0 4.08% a.ll 1.48 1.48% .02% a.03% 5.03%a.04% 4 .07%a.09 4.08%a.l0 1.49 149% .03% o.04% 5.04%a.05%:4 .08 a.09% 4.09 a .10% 1.48% 1.49 .03%a.03% 5.04 a.04%4 .04 a.07 4.05 a. 08 1.49% 1.49% .04% o.05% 5.05%a.06% .04%o,06 4.05%a.07% 1.49 1.48% ,06%o.07% 4.07%a.08% 5.05% 5.06% SUN DAY SUN DAY SUN DAY 1.49% 1.49 .04 a.05 5.05 a.06 ,06%a.08% 4.07%a.09% 06% a.07% 4.07%a.08% 1.49 a.52% 1.49%a.53 .05 a.06 5.06 a. 07 1.51% 04% a. 06 4.05%a.07 151% 05%a.06 5.06%a.07 1.54% 05 a.05% 4.06 a.06 % 1.55 .05 a.06 5.06 a.07 1.55% 1.56 05 o.06% 5.06 a .07% 05% a.05% 4.06%a.06% 05%o.Q6 4.06%a.07 1.58 a.62% 1.58%a.62% 05%a.06 5.06%o.07 SUN DAY SUN DAY SUN DAY 05%a.06% 5.06%a.07% 05%a.06 4.06%a.07 1.61%a.64% 1.62 a.65 1.59% 1.60 07%a.08% 5.08%a.09% 05% a.06% 4.06%a.07% 1.59% 1.58% 08%a.09% 5.09%a.l0%;4 .06 a.06% 4.07 o.07% 1.57% 1.57 11 a.13 5.12 a .14 4 06% a.07% 4.07%a.08% 1.57% 1.58% ,13 a.14% 5.14 a.15% 4 07%a.09% 4.08%a.l0% 1.57% 1.58 ,10%a.l2 5.11 %a.13 4 08 a.08% 4.09 a.09% SUN DAY SUN DAY SUN DAY 1.56% 1.57% 12 0.16 5.13 a.17 |4 08%a.l2 4.09%a.l3 10 05.13% 5.11 a5.14% 4 11% o4.14 4 12% 04.15 157%al60% 1.58 al .60% Denmark Kroner Sweden Kroner Norway Kroner Berlin / Reichsmarks Vienna Kronen Spanish Pesetas Bankers’ Checks Cables Bankers' Checks Cables Bankers’ Checks Cables Bankers' Checks Cables Bankers' Cables Checks Bankers' Checks Cables SUN 17.82ol7.84 17.82%o.85 17.86 17.86 17.87 17.86 SUN 17.86% 17.86% 17.80% 0.92 17.97ol8.02 18.00al8.02 18.01 SUN 18.06al8.15 18.13018.14 18.06al8.09 18.08 18.10 18.10 SUN 18.07a .09% 18.120.16% 18.18*10203! 18.20a.25% 18.18al8.22 18.20 SUN 18.26al8.31 18.26 DAY 17.86al7.88 17.86%a.89 17.90 17.90 17.91 17.90 DAY 17.90% 17.90% 17.93%a.96 18.01al8.06 18.04018.06 18.05 DAY 18.10al8.19 18.17al8.18 18.10al8.13 18.12 18.14 18.14 DAY 18.110.13% 18.160.20% 18.221!0241! 18.240.29% 18.22al8.26 18.24 DAY 18.30al8.35 18.30 SUN 26.92 26.91 26.92 26.93% 26.92 26.93 SUN 26.91 26.92 26.91% 26.92 26.92 26.92 SUN 26.92 26.92 26.92 26.92 26.92 26.91% SUN 26.92 26.92 26.92 26.92 26.92 26.92 SUN 26.92 26.92 DAY 26.96 26.95 26.96 26.97% 26.96 26.97 DAY 26.95 26.96 26.95% 26.96 26.96 26.96 DAY 26.96 26.96 26.96 26.96 26.96 26.95% DAY 26.96 26.96 26.96 26.96 26.96 26.96 DAY 26.96 26.96 Gold or rentenmark equivalent to one trillion paper marks. Bankers' SUN DAY 15.20ol5.21 15.24al5.25 15.24% 15.20% 15.21% 15.25% 15.23 15.27 15.22 15.26 15.21 15.25 SUN DAY 15.21 15.25 15.22 15.26 15.26 15.30 15.27ol5.29 15.31al5.33 15.29ol5.32 15.33ol5.36 15.31 15.35 SUN DAY 15.350.39% 15.390.43% 15.38al5.40 15.42ol5.44 15.36 15.40 15.37ol5.39 15.41al5.43 15.41ol5.48 15.45al5.52 15.46ol5.47 15.50015.51 SUN DAY 15.48al5.50 15.52al5.54 15.52i«o56>i 1 5 .5 6 *20 60 *2 15.58al5.66 15.62al5.70 15.66ol5.74 15.70al5.78 15.62al5.70 15.66al5.74 15.61al5.63 15.65al5.67 SUN DAY 15.76ol5.81 15.80al5.85 15.68al5.7S 15.72al5.79 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 23.81 23.81 23.81 23.81 SUN 23.81 23.81 DAY 23.81 23.81 23.81 23.81 23.81 23.81 ■ DAY 23.81 23.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 23.81 23.81 23.81 23.81 DAY 23.81 23.81 SUN .0014% .0014% .0014% .0014% .0014% .0014% SUN .0014% .0014% .0014% .0014% .0014% .0014% SUN .0014% .0014% .0014% .0014% .0014% .0014% SUN .0014% .0014% .0014% .0014% .0014% .0014% SUN .0014% .0014% DAY .0014% .0014% .0014% .0014% .0014% .0014% DAY .0014% .0014% .0014% .0014% .0014% .0014% DAY .0014% .0014% .0014% .0014% .0014% .0014% DAY .0014% .0014% .0014% .0014% .0014% .0014% DAY .0014% .0014% SUN DAY 14.16 14.18 14.15% 14.17% 14.15014.19 14.17al4.21 14.17 14.19 14.18 14.20 14.19 14.21 SUN DAY 14.160.18% 14.18a .20% 14.16 14.18 14.16014.17 14.18al4.19 14.19 14.17 14.18*2019*2 14.20>2a21*a 14.20 14.22 SUN DAY 14.19% 14.21% 14.19 14.21 14.19*2020*2 14.?l*aa22* 14.21al4.22 14.23014.2 14.22al4.23 14.24ol4.2 14.251!o281! 14.27*2030*2 SUN DAY 14.24al4.27 14.26al4.29 14.221!02412 14.24*2026*2 14.24 14.26 14.241!a2512 14.26*2027*2 14.251!a2712 14.27*2029*2 14.26 14.28 SUN DAY 14.25*20.27 14.27*2029*2 14.25 14.27 12 MONTHLY KEVIEW hand, the Bank of Prague in Czechoslovakia raised its rate from 6% to 7%, ostensibly for the purpose of strengthening Czechoslovakian currency. The Belgian franc shewed per sistent strength and as against 4.98 Mar. 2 was 5.16 Mar. 30. with the range Mar. 31 5.10@5.13%. Exchange on the former neutral centres showed no very wide fluctuations as a rule, with decided improvement, how ever, in the rates on some of the Scandinavian centres. An active demand for Copenhagen and Christiania currencies was reported abroad, which was regarded as the outcome of the policies of those Governments in endeavoring to enhance the value of their respective currencies. Locally, however, dealers displayed little interest. The Danish crown on checks moved up from 17.82 Mar. 2 to 18.31 Mar. 30, with the close Mar. 31 at 18.26 and the Norwegian crown from 15.20 Mar. 2 advanced to 15.81 Mar. 30. with the range Mar. 31 15.68@ 15.75. The Swedish crown being at a higher figure, fluctua tions were exceedingly narrow. And the fluctuations in Swiss and Dutch exchange were also small and without sig nificance. Guilders on Amsterdam on sight bills were 39.89 @39.93 Mar. 2 and 39.80@39.82 Mar. 31. The Swiss franc on checks was 19.21@19.22 Mar. 2 and 19.27% Mar. 31. Spanish exchange improved somewhat and the peseta on checks moved up from 14.15% Mar. 3 to 14.28% Mar. 21, with the rate Mar. 31 14.25. Rates on South America were somewhat variable, but with the tendency towards somewhat lower levels in the case of the Argentine peso and the milreis on Brazil. The former was quoted at 39.93 Mar. 2 and at 38.43 Mar. 31, and the milreis at 11.06 Mar. 2 and at 10.66 Mar. 31. The libra on Peru was 4.20 Mar. 2 and 4.17 Mar. 31, but the peso on Chile, after declining from 10.97 Mar. 2 to 10.85 Mar. 5, advanced to 11.56 Mar. 18 and was 11.03 Mar. 31. Rates on the Far East showed sharp declines in the case of exchange on Hong Kong and on Shanghai, but a substantial rise in the case of the Japanese yen. The dollar on Hong Kong was only 54%@ 54% Mar. 31, against 55% @55% Mar. 2 and the tael on Shanghai 74%, against 75@76. The yen on Yokohama moved up from 40 @40% Mar. 2 to 42%@42% Mar. 18, and was 41% @42 Mar. 31. Silver in London moved slightly lower. The price Mar. 3 was 32 3-16d. and from this there was a de cline to 31 9-16d. Mar. 25, with the close Mar. 31 31 ll-16d. Cl s II “C, [V ol. 120 P PCD PP PcP be»P be*P b -l'e»ePeb* bee b*NNb-CCD COCO *«b»b co<cxo<© so toco<*>Ph oooo P c e c»cb*ePeP b c»eb*ebb»*ebl> e e*bb** 1/3iO*0»0*0*C gJiCCOCDNb* ooi- r-r- tb e»ab*ePePcb»cp PP CDCDPP 'Nbnw ccnn N *b»b *b*N cjeeecc hhinmiNCI SjrjrXXiS co b b bccsecscsc »Nb»b»Nb» co b<s*N D b*b b»b b*C bO »C bO » eobbbbco eccseee o b COCOCOCOCO COCOb b COCO COCO -b m co*b co»bT*tbm »b «bT»b eeceecs 'N'N'MCObb 3CdN .S CC'fW bC «?CXXXX wccXXXS'* H a a a a a a a a a a a a a a a a a a PP £ £3C XfXSS HHN^rtW CCClC3C4ClCC XXXXPiM 0 PPPPPP PPPPPP PPPPPP Nd PP b b b b b b bbbbbb bbbbbb bb \c c \^ o \< » N?■ *CO COCO C403OIlb OCOCO CObpbpbpb P O<N<N £s b COC b©*N p pH pOJC Nb»b» p»pN *bbe*bbe» b b © © ©©LPPPP ©-©-©-© papeeee ts ©§p©_pa_p© ppp :b © p^C w \rtC jrx pH 'i*' CN Ol Ol r < 5 0 1 V , c o e H O t o O c C » O a t C o O w C O ’ . C N<MOJCObbL<'XM . t- <3t-1-o < bP< PPP rtf Q-«** b b b Q^ rQ Qbbb Q Z s *3 X' 2*b-P«b» P.XXXX P:b-b-b» tototoPPP PCDCDs2C POC POP P*G P t ^bXXNXNNj «ecs i © a»N ab i © © e aa aaaa aa e © © ©©© jrS XSjr t^p^t p. pr^r^xxr^P* miocdCOCDCO p COpC OpC Opxx - t^p. p p p p p pp p-1> NNN •bTb rbTbTb b b b b b b b b b b b b „5x l # fxx XP•?.T 35X?& O jaco co p p C p.i00OOXXX x x xt^xt^t^ p-pt^r^-1^ ~b*b»NNND o C3 e cs cs e a cs cs a a a a a a a a a o a 'gCBBCse i x o§ C OCDCDCOcoCO D b*DN b, NX00 XNNNNX pX -XpX.t^P^r>. r^ p p. P- P-P^P* X £ b»b*b*b*NS bbbbbb rb-^brbTbTb-^b ■b-b-b-bb b b b b b b b b b f a.?.?.?* PP P-XXXXPONNoc'ClX XXXXP-t>COCDCDPCOco C PPPPPP a a a apa»pa» a a a a a a P aP a e c cj ci cj cj P» P»P»Is*l'* p-p>. 3 .?* OCOONXOO OONNNNN p^p»x x P-P» p p in *o co co co co p p p p p p b»P-NNb»N P - P . p.p.p.t^r^p. p p bbbbbb TbTb^ rb^ Tb b b b b b b b b b b b b bb sis r\ hhhNNh aa a aa a XSs'XX PPPPPP bb b b b b © © e io io»po-t^ »oiop. »0 io»o t^ ar^ a a ar^ a a pp aa iC iO io » 0 b b b b t^t^t»p.t>.P- PP TbTb^ -b rbrb b b b b b b b b b b b b b b G^Wb'GCDPXOlO HNCOb'OCDPXOlOHiNWbiOCOPXOO hhhhhhhhhhOINNNNNNiMNNW CH O ’bbT b»CC OCO CD1/5IQ»0lOlO beb»N p©©©©©© p p pp p T <3e»be»bc>sbe* Pa-Pa»a a a a D D b ‘O »c 5oco^^bicio p»t^ p.p^p.p . d RATES OF EXCHANGE ON OTHER CENTRES. Mar Canada Dollars Czecho slovakia Kronen Bucharest Leu e Polish Zloty Checks Hungary Serbia d Russian Chervonets <f Bulgaria Finnish Markka Checks SUNDAY 1.61% 1.62 1.61 1.61 1.61 1.60% SUNDAY 1.61% 1.60% 1.60% 1.61 1.61% 1.61 SUNDAY 1.61 1.61% 1.60% 1.58% 1.57% 1.58% SUNDAY 1.58% 1.58% 1.58% 1.58 1.59 1.60% SUNDAY 1.60% 1.62% Checks Checks Checks Checks H% ht% hi% h,% S3J% 63J% disc’t disc’t disc’t disc’t dise’t disc’t 2.97 2.97 2.96%* 2.96% 2.97 2.97 .49% .50% .49% .49% .49% .49% 19% 19% 19% 19% 19% 19% .0013% .0014 .0014 .0014 .0013% .0014 H% M% H% ys % ht% disc’t disc’t disc’t disc’t disc’t disc’t 2.97% 2.97 2.97 2.97 2.97% 2.97 .50 .49% .49% .49 .49% .49% 19% 19% 19% 19% 19% 19% .0014 .0014 .0014 .0014 .0014 .0014 Wo hi% hi% Ht% 33I% Wo disc’t disc’t disc’t disc’t disc’t disc’t 2.97 2.96% 2.96 % 2.96 % 2.96% 2.96% .49% .48% .48% .48% .48% .48% 19% 19% 19% 19% 19% 19% .0014 .0014 .0014 .0014 .0014 .0014 hi% 331% 331% 33J% 33J% 383% disc’t disc’t disc’t disc’t disc’t disc’t 2.96% 2.96% 2.96% 2.96% 2.96% 2.96% .48% .48% .48% .48 .47% .47% 19% 19% 19% 19% 19% 19% .0014 .0014 .0014 .0014 .0014 .0014 3 0 .. disc’t 31 — >13% disc’t 2.96% 2.96% .48 .47 19% 19% .0014 .0014 l._ 2__ 3 .. 4 .. 5 .. 6 .. 7 .. 8-9__ 10-11— 12— 13— 14— 15— lfi 17— 1819— 2021 — 22— 232 4 .. 2 5 .. 26 2 7 .. 28— Checks Vene Colom Mar. Bolivia bia E cuador Uruguay zuela Peso Bolivar Boliviano Dollars Sucre ♦Chile Peso zPeru Libra gPortugal Escudo Turkey Argentina Peso Brazil Milreis Checks Checks Checks Cables Checks Cables 5.16 5.16 5.16 5.16 5.16 5.16 .74 .74 .74 .74 .74 .74 2.53 2.53 2.52% 2.53 2.53 2.53 39.93 39.53 39.48 39.59 39.64 39.53 39.98 39.58 39.53 39.64 39.69 39.58 11.06 11.10 11.17 11.12 11.14 11.15 11.11 11.15 11.22 11.17 11.19 11.20 5.16 5.16 5.16 5.16 5.16 5.16 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 39.57 39.60 39.53 39.53 39.63 39.60 39.62 39.65 39.58 39.58 39.68 39.65 11.12 11.12 11.10 11.04 11.14 11.16 11.17 11.17 11.15 11.09 11.19 11.21 5.16 5.16 5.16 5.16 5.16 5.16 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 39.60 39.50 39.71 39.71 39.64 39.63 39.65 39.55 39.76 39.76 39.69 39.68 11.20 11.17 11.15 11.12 11.15 11.15 11.25 11.22 11.20 11.17 11.20 11.20 5.16 5.16 5.16 5.16 5.16 5.16 .74 .74 .74 .74 .74 .74 2.53 2.53 2.53 2.53 2.53 2.53 39.60 39.60 39.53 39.39 39.39 38.90 39.65 39.65 39.58 39.44 39.44 38.95 11.15 11.12 10.98 11.03 10.93 11.20 11.17 11.15 11.03 11.08 10.98 5.16 5.16 .74 .74 2.53 2.53 38.50 38.43 38.55 38.48 10.88 10.66 10.93 10.71 Hong Kong Dollar Shang hai Tael Yoko hama Yen • Manila Peso Singa pore Dollars 1 1 .1 0 Bombay Rupees Java Guilders Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks Checks 1--SUN DAY 10.97 2 . . . 33 1-3 21.83 94.96 19% 4.20 55%o55% 75 076 40 a40% 49%a50 55% 056% 36% o36% 40 a40% 97.30 4.96 _ 55 o55 '4 74%a75 40 0 40% 49%o50 55% 056% 36%036% 40 o40% 10.97 3 . . . 33 1-3 21.83 94.90 19% 4.22 4.90 97.30 10.89 4 . . . 33 1-3 21.83 94.51 19% 4.22 55 a55% 74% 075% 40 o40% 49%a50 55% 056% 36%a36% 40 a40% 97.30 4.90 10.85 21.83 94.07 19% 4.22 4.91 55 a55% 74 075 40 a40% 49 %a50 56 a56% 36 a36% 40 a40% 5— 33 1-3 97.30 __ 10.86 21.83 94.62 19% 4.23 4.96 55 «55% 74%o75% 40%o51% 49%o50 55% 056% 36 o36% 40 o40% 6-_- 33 1-3 97.30 10.93 4.23 4.91 21.83 94.52 19% 7— 33 1-3 55 <155% 74%a75% 40%o41% 49% 050 55%o56% 36 036% 40 040% 97.30 SUN DAY 8 - -__ 10.96 94.79 4.22 55 <755% 74%o75% 40%o41 49%o50% 55% 0.56% 36%o36% 39%o40% 21.83 19% 4.96 9 -- . 33 1-3 96.30 11.07 4.22 54% «55% 73%o74% 40%o40% 49%o50 55% 056 % 36%o36% 40 o40% 21.83 94.78 19% 4.96 97.30 10--- 33 1-3 _ 54%<z54% 73% 074% 40%a40% 49%o50 55 %a56 % 36% 036% 40 a40% 11.11 4.19 94.78 4.96 11--- 33 1-3 21.83 97.30 19% 4.19 4.94 54% <754% 73% 074% 40%o41 49%o50 55% o56% 36% 036% 40 a40% 95.32 19% 11.07 21.83 1 2 .-. 33 1-3 97.30 __ 4.19 95.32 d ll.07 54 %<754% 73% 074% d41%o% 49%o50 56 o56% 36% 036% 40 a40% 21.83 19% 4.96 1 3 .-. 33 1-3 97.30 96.34 19% d ll .25 4.19 54%<754% 73% 074% d41%a% 49%o50 56 o56% 36%a36% 40 a40% 14— 4.96 21.83 33 1-3 97.30 SUN DAY 15— . 96.34 d ll.2 5 54% 054% 73% 074% a42%a% 49 %o50 56 a56% 36%o36% 40 a40% 21.83 4.20 4.96 97.30 1 6 ..- 33 1-3 19% __ d l l .50 4.19 54% 054% 73%o74% a42%a% 49 %o50 56 o56% 36% 036% 40 040% 21.83 96.35 4.96 33% 97.30 17— 19% __ d l l .56 4.16 54%o54% 73% 074% d42%a% 49 %o50 56 a56 Vi 36%o36% 40 0 40% 96.43 19% 4.96 97.30 21.83 18--- 33 1-3 __ d l l .52 4.17 54%o54% 73%o74% d42 0 % 49%a50 56 o56% 36 %o36 % 40 o40% 96.15 19% 4.96 21.83 1 9 ... 33 1-3 97.30 __ 54%a54% 73%074% d42%a% 49 %a49 % 56 o56% 36 %a36 % 40 040% d l l .51 4.17 19% 4.96 21.83 95.69 97.30 2 0 ..- 33 1-3 96.34 d ll .40 4.15 54% 054% 73% 074% d42%a% 49 %o49 % 56 056 % 36%o36% 40 O40K 19% 4.96 21.83 21__ 33 1-3 97.30 SUN d a y ' 22__ 96.62 54 054% 73 ^2^74 v/2 d42 a % 49% 049% 56 a56 }/i 36^8^36 '>8 40 a40% 21.83 19% d l l .50 4.16 2 3 ... 33 1-3 97.30 4.96 __ d ll.3 5 54% 054% 73% 074% d41%o42 49 %o49 % 56 a56 36%a36% 40 o40% 2 4 .-- 33 1-3 21.83 96.53 19% 4.16 97.30 4.96 __ 54%o54% 73% 074% d41%o42 49%o49% 55% 056% 36% o36% 40 o40% 21.83 95.97 19% d ll.22 4.17 25--- 33 1-3 97.30 4.96 d ll .28 54% 054% 73% 074% d41%a42 49%o49% 55%a56% 36 %o36 % 40 o40% 21.83 95.69 19% 4.17 4.96 26--- 33 1-3 97.30 _ 54%o54% 73%o74% d41%042 49%a49% 55%a56% 36% 036% 40 a40% d ll .22 97.30 21.83 95.60 19% 4.17 4.96 27--- 33 1-3 54% 054% 73% 074% d41%a42 49%a49% 56 a56% 36% 036% 39%a40% 33 1-3 21.83 d l l . 17 4.17 5.00 28— 97.30 95.60 19% SUN d a y ' 2 9 .-21.83 95.22 dll.06 4.17 54% 054% 73% 074% d41%o42 49%a49% 56 056% 36%a36% 39%o40% 97.30 3 0 -.- 33 1-3 5.00 19% dll.03 54% 054% 74% 074% d41%a42 49%a49% 55% 056% 36% 036% 39%o40% 21.83 94.56 19% 4.17 ... 97.30 5.00 3 1 --. 33 1-3 * Cents of U . S. money per Chilean peso. 2 American money per Peruvian pound. V Value of one escudo in TJ. S. currency, d Nominal, e Effective May 12 1924 Commenced the quotation of Polish exchange in zloty instead of marks, which had formerly been the medium of exchange. The zloty is equivalent to 1,800,000 marks. 13 N ew York Stock Exchange M O N TH LY AN D Y E A R L Y RECORD The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and the year 1925 to date. 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 black faced letters 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 bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. A few other bonds, like the Holland-American Line 6s and the Anton Jurgens Works 6s, for special reasons, are also quoted “flat,” but where this is the case the notation “flat” will be found against the name of the issue. This method of quoting bonds became effective January 2 1909. For footnotes to tables see last page of bonds and last page of stocks. BONDS—PRICES AND SALES FOR MARCH AND RANGE FOR THE YEAR TO DATE. Sales in M arch. Par Value. BONDS N . Y. S T O C K E X C H A N G E . U S G o v e rn m e n t S e c u r itie s F irst L ib erty L oan— F irs t 3 % s ______ 1932-1947 R e g iste re d ___________________ F irst 4 s..............................1932-1947 R e g iste re d ___________________ F irst 4 M s........................... 1932-1947 R egistered F irst Second 4 % s _____ 1932-1947 R e g iste re d _______ Second L ib erty L o an — Second 4 s_____________ 1927-1942 R egistered Second 4 % s ............. 1927-1942 R e g iste re d ______ T h ird L ib erty L oan— T h ird 4 M s....................................1928 R e g iste re d _______ F o u rth L ib e rty L o an — F o u rth 4 M s ___________1933-1938 R egistered T rea su ry 4 M s ---------------- 1947-1952 R egistered T rea su ry 4 s_____________ 1944-1954 2s cons re g ------------------- A pril 1930 P a n a m a C an a l 3 s_____________ 1961 R e g is te re d _________________ 1961 B id . A sk . Bid. M arch 31. A sk. Bid. Ask. Lowest. H ighest. Lowest. H ighest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 10122s2Sale IOH32 Sale 101*32 M ar. 1011332Sale 101*32 Sale 101*32 M ar. 1011»32l012»32 1011032l012<>3 lO l'^ M a r . 101*32 M ar. 10119s2Sale 1012Ia2Sale 1011032M ar. 101>232M ar. 8,000 36,000 101 »*32 1012°32 I 6 i i‘032l6l2»32 1011032102“ 101*32 M ar. 18 18 18 5 10 24 5 10122s2Mar. 1011432AIar. 1011832Mar. 101*32 M ar. 1012632M ar. 1014*32AIar. 1012232M a r. 2 7 23 5 26 10 19 100 2832«Jan. 100 2432J a n . 101n 32M a r. 101*32 M a r. 101I032Mar. 101*32 J a n . 101 Jan. 2 17 5 9 1002732Mar. 1001532Mar. 1003132Mar. 1002632Mar. 12 2 19 26 1002032Jan. 2 101 Feb. 5 100l432M a r. 17 100 2832J a n . 31 1002032J a n . 5 101732 F eb. 6 100'*32Jan. 5 101*32 F eb . 6 ! ! 18 5 10 14 14 10 1293SF e b . 1012*32F eb. 101!*32-Jan. 101*32 M a r. 102 Jan. 1012932Feb. 1012*32Feb. 25 20 28 5 8 10 2 137,000i 1002032Sale 2 ,000' 6.334.000 100 2432Sale 153.000 1002232Sale 1002I32Sale 1001532Sale 1002682Sale 1002232Sale 1002832Sale 1002132Mar. 1001432Mar. 1002232Mar. 1002132Mar. M S 7.427.000 101*32 Sale M S 100.000 101132 Sale 101*32 Sale 101*32 Sale 1 0 1 1632S ale 1 0 1 1632Sale 101*32 M a r. 101 232 M a r. 1012132Mar. 1011732M ar. 1012s2 J a n . 100 2*32J a n . 1012132Mar. 6 1011732Mar. 24 A O 7.833.000 1012*32Sale A O 104,000 100 2432S ale A O 1.148.000 104 2832S ale 2,000 4.221.000 100 2232Sale 1012432Sale 1012»32Sale 1042732Sale 1012932Sale 1012832Sale 104 2232Sale 1041632Sale 1001932Sale 1012°32Mar. 1011932Mar. 104>*32Mar. 104I532M a r. 1001432M a r. 102 A lar. 1312832M ar. 104 2832M a r. 1041832A lar. 1002932AIar. 101l432J a n . 101 ls32J a n . 1041332M ar. 1011532M ar. 100,432M ar. 102*33 F e b . 1 0 1 8132J a n . 1 0 5 1232Jan. 1042832Jan. MN MN MN MN Q M Q M C R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2. 3,820,000 100J°32Sale 80,000 100,1j2Sale 3.000 101>°s2----1.000 101 ----738,000 l01»*a2Sale S t a t e a n d C ity S e c u r itie s N ew Y o rk C ity — 4M s________ 1960 M S R eg iste re d ____________________ M S 4 Ms C o rp o ra te s to c k ______ 1964 M S 4 Ms C o rp o ra te s to c k ______ 1966 A O 4 M s-------------------------------------1972 A O 4 Ms C o rp o ra te s to c k ______ l9 7 l J D 4 % s C o rp o ra te s to c k ______ 1967 J J 4 % s C o rp o ra te s to c k ______ 1965 J D 4 % s C o rp o ra te s to c k ______ 1963 M S 4% C o rp o ra te s to c k ________ 1959 M N R egistered MN 4% C o rp o ra te s to c k ________ 1958 M N 4% C o rp o rate s to c k ________ 1957 M N MN 4s 1956______________________ R e g iste re d ___ ,____________ MN MN 4s 1955________ ______________ R e g iste re d ______________ MN 4% s C o rp o rate s to c k _______ 1957 M N 4% % C o rp o rate s to c k ______ 1957 M N R egistered___________________ M N 3% % C o rp o rate s to c k ______ 1954 M N 3 M s------------ -------------- N o v . 1954 M N N Y S ta te C anal 4s_________ . I960 J J 4s------------1942 4 % s ------------------------------------ 1961 C an a l 4 M s-------------------------- 1964 J J H ighw ay Im p t 4 M s........... ..1 9 6 3 M S 4s H ig h w ay reg istered ______1958 Virginia fu n d ed d e b t 2-3s_____ 1991 F o r e ig n G o v e rn m e n t S e c u r itie s A rgentine (G o v t) 5-year 7 s___ 1927 A rg en tin e (R ep) 5s o f 1909____ 1945 Sinking fu n d gold 6s ser A __ 1957 E x te rn a l 6s ser B te m p ______ 1958 A u strian G o v t s f 7s___________1943 B elgium 25-year e x t s f 7 M s g . . l 945 20-year sin k in g fu n d 8 s_____1941 25-year e x t 6 Ms in t c tf ______1949 E x tern al s f 6s in te r re ts ____1955 B ergen (N orw ay) s f 8 s_______ 1945 25-year s f 6s te m p __________1949 B erne (C ity o f ) s f 8 s _________ 1945 Bolivia (R epublic of) s f 8 s____1947 B ordeaux (C ity of) 15-year 6 s . . 1934 B razil (U S of) e x te rn a l 8 s_____1941 C en t R y 30-year g 7s_______ 1952 Sink fd 7 Ms (coffee sec ).1 952 fla t B uenos Aires ex tl 6 M s________ 1955 C an a d a , D om inion of, 5 s______ 1926 do do 5 s _______ 1931 10-year gold 5 M s___________1929 30-year gold 5 s_____________ 1952 C arlsb a d (C ity) 8s in t c tf_____ 1954 C h ile R epublic exter s f 8 s_____1941 E x te rn a l 5-year s f 8s_______ 1926 20-year ex tern al s f 7s______ 1942 25-year ex tl s f 8s g o ld ______ 1946 C hinese, H u k u an g R y 5 s______ 1951 C h ristia n ia (C ity) Oslo 8s_____1945 30-y ear s f 6s in t c tfs ________ 1954 C olom bia (R ep) e x tl6 % s _____1927 C o penhagen 25-year s f 5 M s__ 1944 C u b a R ep o f 5s o f 1904_______ 1944 5s e x t d e b t Ser A o f 1914____ 1949 4 M s e x te rn a l lo a n ___________1949 30-y ear s f 5 M s_____________ 1953 C zechoslovak (R ep of) 8s_____1951 S ink fd 8s ser B in t c tf ______1952 D a n ish C ons M u n ic s f 8s A __ 1946 Series B sin k fd 8 s_________ 1946 D e n m ark e x te rn a l sin k fd 8 s__ 1945 20-year ex tern al gold 6 s_____1942 D o m in ican R ep u b lic sin k fd 5 s. 1958 C u sto m a d m in istr 5 M s_____1942 D u tc h E a s t In d 25-year ex t 6 s . 1947 4 0-year ex tl sin k fd gold 6s__1962 3 0-year ex tl g 5 M s____M a r 1953 30-year e x tl gold 5 M s .-N o v 1953 F ren c h R ep u b 25-year ext 8 s . . 1945 2 0-year ex tern al lo an 7 M s__ 1941 E x te rn a l 7s o f 1924 te m p ____1949 F in n ish m u n l o a n 6 M s A _____1954 6 % s ser B in te r c tfs ________ 1954 F in lan d (R ep of) ex ter 6s_____ 1945 E x te rn a l sinking fu n d 7 s____1950 G erm an e x t’l loan 7s in t rcts_ _ l9 4 9 Price Ja n . 2 1925. 1002132Sale 100M 1002*32Sale 101 101 M a r. 21 101 % A lar. 20 100% 100% 102 M a r. 4 102% M a r. 24 101% 102M M a r. 20 102% A lar. 20 101% 102 106% 105% 106% M a r. 17 106% M a r. 17 106% 106% M a r. 2 106% M a r. 6 105% 9 9 M M a r. 20 99% M a r. 20 98 9 <% 99% M a r. 25 99% A lar. 25 98% 99 M 99 % 99 Vs 99% M a r. 7 99% M a r. 17 98 98% M a r. 2 98% M a r. 2 98% Sale 98% Sale 98 M 98 % M a r. 2 98% M a r. 2 98% Sale Sale 97% M a r. 26 107 M a r. 26 106% 106M 1 0 6 M _____ 107 106% 106M 107 M 106M M a r. 11 106% M a r. 26 105% 105 89% 90 18,000 101M 101M 101 % ------ 102 % ____ ___ 102 V s___ 3,000 101M ------ 102 101M 101% 101 Vs 102% 102 % ___ 107% 107 M _____ 105 % ------- 107 1 0 6 M _____ 106% 107% 105 M 106 50,000 105 M 106 106M___ 1 0 6 % ------3.000 105% 105 Vs 106 % Sale 106 % ------4.000 98 99 _____ Sale 2 1 ,0 0 0 98 98 M 6.000 105 105 % 2,000 97 M 98 M 3,000 1,000 105 102,000 105 89 99 98 M 98 M 98 M 98% 105% 106M 105% 106M 89 % 89 M 89 M 3.000 101 % 103 M 112% 111% 2 .0 0 0 7,000 10,000 64 M F A 596.000 102 Sale M S 30.000 81% Sale M S 1.647.000 95 M Sale J D 2.710.000 95 M Sale J D 716.000 96 M Sale J D Sale 387.000 109 F A 183,003 107 % Sale M S 449.000 92 % S ale J J 1.703.000 87 M S ale MN 75.000 111 111M A O 45.000 M N 123.000 111 Sale MN 441.000 92 M Sale M N 246.000 84 Sale J D 424.000 96 M Sale 300.000 82 Vs Sale 36.000 104 M Sale 219.000 96 Sale 137.000 100 % Sale 137.000 101M Sale 267.000 102 Sale M N 605.000 102 Sale J J 165.000 98 M Sale F A 145.000 106 M Sale A O 91.000 103 Sale M N 220.000 99 Sale MN 131.000 107 Sale J D 170.000 42 M 43 A O 46.000 110 111 M S 137.000 A O 83.000 99 M Sale J 260.000 94 M Sale S 53.000 96 M Sale A 2 ,0 0 0 97 98 M A 47.000 86 M Sale J 656.000 96 M Sale O 295.000 98 M Sale O 124.000 98 M Sale A 144.000 109 M 110 A 129.000 M 110 O 230.000 109 Sale 109 J 414.000 99% Sale A 6,000 101 102M S 88.000 92 Sale J 396.000 98 Vs Sale s 477.000 99 Sale s 318.000 92% 93 M N 639.000 93 Sale M S 1.206.000 103 M Sale J D 1.599.000 98 M Sale J D 2.367.000 91M Sale A O 165.000 91 Sale A O 85,000 91 Sale M S 402.000 85 M Sale M S I 5,000 A O 3.637.000 93% Sale 64 Vs 102 M Sale 84 96 M 96 % 95% 109 107 M 94 86 M 110M 96 M 108 93 M 84 M 97 M 82 % 107 M 97 M 100 Vs 102 M 102M 103 % 96 M 107 M 102% 101 107 % 45 110M 97% 100 96 M 97 95 M 86 98 99 M 99 Vs 109 110 % 110 % 100% 102 M 94 101% 101M 103 99% 89 Vs 90 M 90 M 85 101 F eb. 11 95 M 97 95 M 14,000 100M 101 1002oa2101 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 98 Sale Sale Sale Sale Sale 112 98 Sale Sale 99 M 96 M 87 Sale Sale Sale 110M Sale Sale Sale 103 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 94 M Sale 102 % Sale 83% 96% 96% 94 106 M 107% 92 83% 111M 96 M 108% 92% 82 M 95% 82 106% 96% 100% 103 102 M 103% 97% 106% 102% 99 M 106 42% 109% 97% 100 95% 97 94 86 % 97% 99% 99% 109% 109 110% 101% 92 93 100M 100 97 M 97% 99% 95% 87 87 87 84 94 84% Sale Sale Sale Sale Sale Sale Sale Sale Sale 109% Sale Sale Sale Sale 107% Sale 100% Sale Sale Sale Sale Sale Sale Sale 108 44 Sale Sale Sale Sale 98 95% 87 M Sale Sale Sale Sale Sale Sale Sale 93 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 102% 83 96 95% 94 107 106% 92 83% 108% 96 108 92% 82% 95% 82 106% 96% 100% 102 102% 102% 97 106% 102% 99 106 M 42% 109% 97% 99% 95% 97 95 86% 97 99 98% 109 109 110M 100% 102 92% 99% 99% 96% 96% 99 94% 86 M a r. 23 101% M a r. 23 101% A lar. M a r. 5 103% M a r. 5 103% M a r. M a r. 20 112% M a r. 20 112% M a r. M a r. 10 112% M a r. 20 111% M a r. 103 Feb. 76% F e b . M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar . M ar, M ar M ar, M ar, M ar. M ar M ar M ar M ar M ar M ar M ar A lar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar M ar 94% M a r 30 31 11 28 2 27 28 26 102% M a r. 9 84 M a r. 2 97% A lar. 26 96% M a r. 24 96 A lar. 9 109% M ar. 13 107% M a r. 22 94 M a r. 2 86% A lar. 2 113% M a r. 25 96% M a r. 2 109% M a r. 30 93% A lar. 3 84% M a r. 6 97% M a r. 2 83% A lar. 20 107% M a r. 2 97% M a r. 3 101 M a...r. 4 103 M a r. 31 M a r. 3 103 M a r. 2 104 M a r. 6 98 108% M a r. 24 103 M a r. 13 101 M a r. 2 107% M a r. 3 45 M a r. 2 111 M a r. 24 98 M a r. 5 100% M a r. 3 97 M a r. 2 98 M a r. 11 95 M a r. 28 87 M a r. 9 99% M a r. 11 100 M a r. 2 100 M a r. 2 110% M a r. 3 111% M a r. 2 111 M a r. 2 101% M a r. 20 102 M a r. 26 94 M a r. 2 101% M ar. 101% M ar. 98% A lar. 98% M ar. 103% M ar. 99% M ar. 90 M ar. 90% M a r. 90 % M a r. _ 86% M ar. 11 94% M a r. 27 94% M a r. 2 101% 81 % 95 94% 94 107 106% 92 83% 108% 95% 108 92% 82% 95% 82 104 95% 100% 101% 102 101% 96 106% 102 98% 106% 41 % 109% 95% 99% 94% 95% 93% 84 96% 98% 97% 109 109 109 99% 101 92 98% 98% 93% 92% 99 94% 88% 87 87 84 94 93% 101% M a r. 20 1 0 0 % J a n . 17 102% M a r. 28 101% J a n . 3 102 % M a r . 20 106% F eb . 25 107 F eb . 13 106% M a r. 17 106% M a r. 6 99% M a r. 20 98% J a n . 19 99% M a r. 25 99% M a r. 17 98% M a r. 2 98% F e b . 6 98% M a r. 2 98 J a n . 30 107 M a r. 26 106% F e b . 25 105 J a n . 17 89% J a n . 20 90 F eb . 6 Jan . Jan. Jan. Jan. F eb. Feb. Jan. Feb. Jan . Jan . Jan. Jau. Jan. Jan. F eb. M a r. Jan. F eb. Jan. Jan . Jan. F eb. Jan. Jan. Jan. Jan. M ar. Feb. Jan. M ar. M ar. M a r. Jan. M ar. Jan . M ar. M ar. Jan. Jan. Jan. M ar. Jan. Jan. Jan . Jan . Jan . Feb. Jan . M ar. Jan . Jan. Jan . Jan. Jan . Jan . Feb. Jan. Jan . Jan . Jan . M ar. M ar. Jan. Jan . F eb. Jan . Jan. Jan. Jan. Jan . M ar. M ar. F eb. M a r. M a r. M a r. M a r. Jan . 23 5 20 10 25 11 .. 3 21 11 9 2 2 101% 103% 112% 112% 103 76% M a r. M a r. M a r. F eb. Feb. Feb. 23 5 20 7 25 11 103% F eb. 4 84% Feb. 7 97% M ar. 26 96% Feb. 5 96 M a r. 9 110% J a n . 21 109% Feb. 5 94% F e b . 13 88 J a n . 14 113% A lar. 25 98 J a n . 23 111% J a n . 13 93% J a n . 16 85% J a n . 6 98 F eb. 13 84% J a n . 23 107% M ar. 2 97% F eb . 18 102% F eb . 20 103 M a r. 31 103% F eb . 11 104 F e b . 11 98% J a n . 20 108% J a n . 29 103% J a n . 6 101% J a n . 21 108% F e b . 24 45 M a r. 2 111% J a n . 23 98 J a n . 23 100% F e b . 16 97% J a n . 21 98 F e b . 26 95% F eb . 10 87 M ar 9 99% F eb . 5 101% F e b . 9 100% F eb . 10 110% F e b . 13 111% M a r 2 111 Jan 9 103 F eb 3 102 J a n . 9 _ 94 % J a n 29 103 F e b . 24 102% F e b . 24 99% F e b . 24 99% F e b . 24 104% J a n . 7 101% J a n . 14 92% J a n . 2 91 Jan. 2 91 Jan. 2 87% J a n . 20 94% M a r. 27 95 % |J a n . 23 BONDS—STOCK EXCHANGE RECORD 14 BONDS N. Y. S T O C K E X C H A N G E . F o r e ig n G o v ’t S e c u r itie s — (Concl. G rt B rit & Ire la n d , Un K ing o f— 20-year gold b o n d 534s_____ 1937 F A 10-year conv 5 3 4 s - - - _______ 1929 F A R e g iste re d ___________________ G reater Prague 734s o f 1922__ 1952 M N G reek G o v t 7s in te rim r e ts ____1964 M N H aiti (R ep of) O u st s f 6 s_____1952 O A H u n g ary (K in g of) 7 34s r e t s . .1944 In d u s B k o f J a p a n 6% no tes._ 1 9 2 7 Ita ly . K in g d o m , ser A 6 ^ s __ 1925 Jap an ese G o v t sterlin g In 4 s . -1931 E x t s f 634s______ 1954 O rien tal D ev elo p m en t 6 s____ 1953 Lyons (C ity of) 15-year 6 s____ 1934 M N M arseilles (C ity ) 15-yr 6 s_____ 1934 M N M exican Irrig 434 s ____________1943 A ssenting s f 4 K s ___________1943 M exico (U S) ex tl 5s of 1 8 9 9 £ --1 9 4 5 Q J A ssenting 5s o f 1899________ 1945 A ssenting 5s large______________ Assenting 5s sm a ll______________ G old d e b t 4s o f 1904________ 1954 V D A ssenting 4s of 1904____________ A ssenting 4s o f 1904 larg e_______ A ssenting 4s o f 19(34 sm all______ A ssenting 4s o f 1910____________ J J A ssenting 4s o f l 9 l0 larg e_______ A ssenting 4s o f 1910 sm all______ T rea s 6s o f 1913 assen t (large) '33 J J S m a l l . .. ........................................... M on tev id eo s f g 7 s__________ 1952 J D N e th erla n d s s f 6s F lat________ 1972 M S 30-y r ex t s f 6s te m p _______ 1954 A N o rw ay ex t s f 8 s_____________1940 A 20 y r e x tl s f 6 s_____________1943 F 20-yr e x tl s f 6s c tfs ________ 1944 F 30-yr ex tl s f 6 s_____________ 1952 A P an am a (R ep) 30-yr s f 534S..1953 P eru (R ep) ex tl 8s te m p ______ 1944 P o lan d (R ap of) g 6s_________ 1940 E x tern al s f 8s w i __________ 1950 P o rto Alegre (C ity of) 8 s--------- 1962 Q ueensland S ta te ext s f 7 s____1941 25-year ex tl 6 s______________ 1947 Rio G ran d e Do Sul ex tl 8 s____1946 Rio de Jan e iro 25-yr s f 8 s_____1946 25-year ex tl s f 8 s___________1947 R o tte rd a m (C ity) ext 6 s______ 1964 M N E l S alv ad o r (Rep) 8 s_________ 1948 J J San P a u lo (C ity) s f 8s_______ 1952 M N San P a u lo (S tate) ex t s f 8 s__ 1936 J J Seine D e p t (F rance) 2 0-yr 7 s ..l9 4 2 J J Serbs, C ro a ts & Slovenes 8 s__ 1962 M N Soissons (C ity ) 15-yr g 6 s-------- 1936 M N Sw eden (K ingd) 20-yr 6 s______ 1939 J D E x tl g 534s in te rim c tf ______ 1954 M N Swiss C o n fed eratio n s f 8 s_____ 1940 J J Sw itzerland (G ovt) e x t 534s___1946 A O T okyo C ity lo an o f 1912 5 s________ M S T ro n d h je m (C ity) ex t 634s____ 1944 J J U ruguay (R ep) ex tern al 8 s____ 1946 F A Z urich (C ity of) s f 8 s________ 1945 A O Sales in M arch. Par Value. Price 1925. Bid. 1,132,000 105 539.000 11614 5,000 229.000 90 715.000 8834 274.000 92 505.000 8914 427.000 9834 . .. 226,000 82J4 1,707,000 9034 296.000 8434 199.000 85 190.000 84 18 P R IC E S I N M A R C H . M arch 2. A sk . Bid. Sale Sale Sale Sale Sale Sale 99 100 Sale Sale Sale Sale Sale 20 A sk . Bid. 10634 Sale Sale 116 Sale Prices. Sale Sale 85 Sale Sale 81 90 8334 82 54 82 54 M a r. M a r. M a r. M a r. M a r. 36 M ar. 27 39 39 18 18 23 20 23 2234 Sale 22 2334 26 27 Vn 2434 27 2634 Sale Sale 24 2234 Sale 40 36 3834 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Prices. 81 90 84 8254 8234 Sale Sale Sale Sale Sale 26,000 57,000 89 104 10034 11214 9834 98 9734 10034 9934 73 H ighest. Sale Prices. Sale Sale Sale Sale Sale 43 3734 86.000 Lowest. Sale Prices. 91 9134 89 87 88 8434 Sale 93 94 Sale 89 88 9934 Sale 9934 82 34 9134 8534 8434 8434 10634 Sale 11554 Sale 39 .. . 3334 Sale 9134 10334 10334 111 9934 99 34 9934 103 10054 72 95 9434 ------- 9434 10934 Sale 11034 202 .0 0 0 10134 Sale 10434 124.000 9434 95 9634 95 115.000 9434 Sale Sale 106.000 93 9334 157.000 10034 10034 10234 196.000 10334 Sale 10434 98 131.000 9934 Sale Sale 229.000 101 10134 Sale 89 1.148.000 90 2.319.000 8634 Sale 8534 Sale 23.000 85 8434 103 % 277.000 10434 Sale 601.000 9834 Sale 9934 110,000 11634 Sale 11434 382,000 10034 Sale 10134 67 94.000 6634 Sale 99 42.000 9734 Sale 108 49.000 10634 Sale 57.000 11034 Sale 10934 300.000 787.000 169.000 331.000 419.000 279.000 66,000 275.000 131.000 1.399.000 34.000 137.000 H ighest. 10554 11534 11534 89 " 84 93 88 9934 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 96 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 67 V\ Sale Sale Sale R a ilr o a d B o n d s Ala G t Sou 1st cons 5s A ______1943 J D 10034 5.000 10034 102 Ala M id la n d 1st gu g 5 s_______1928 M N 10014 10154 101 A lb & Susq conv 334s________1946 A O ‘is, 665 8234 8234 8234 8334 AlleghJ& W est 1st g gu 4 s____ 1998 A O 3.000 8334 85 8134 8334 Alleg V alley gen gu g 4 s _______1942 M S 92 18,000 91 9134 9154 A nn A rbor 1st g 4 s_______ Ju ly 1995 Q J 149.000 64 6434 6534 66 A tch T o p & S F gen g 4 s______ 1995 A O 617.000 8834 Sale 8854 Sale R eg iste re d __________________ 1995 A O 4.000 A d ju stm e n t g 4 s______ J u ly 1995 N o v 47.000 82 8234 82 8334 R eg iste re d --------------- Ju ly 1995 N o v 7934 . . . . 7934 S ta m p e d --------------------J u ly l9 9 5 M N 120,660 8234 Sale 8234 Sale C o n v g 4s o f 1909__________ 1955 J D 14.000 8134 8234 8254 8134 C o n v g 4s o f 1905______ 1955 J D 48.000 8134 Sale 8234 83 C o n v g 4s o f 1910__________ 1960 J D 8014 . . . 83 54 E a s t G k la div 1st g 4 s _____ 1928 M S 29,666 9734 99 9834 9934 P o c k y M t d iv 1st 4s A ____ 1965 J J 83 34 84 34 8434 8534 S h o rt L in e 1st 4s g o ld _____ 1958 J J 42,665 86 8734 8734 Sale C al-A riz 1st & re f 414s____ 1962 M S 11.000 92 9234 9134 94 R eg iste re d _______________ 8834 . 8834 MS Atl K nox & C in div g 4 s______ 1955 M N 27",665 8834 8934 89 8934 A tl K nox & N o 1st g 5 s______ 1946 J D i,ooo; 10134 . . . 10134 Atl & C h a r A L 1st 434s A ___ 1944 J J 96 1.000 9634 9634 95 1st 3 0-year 5s ser B ________ 1944 J J 55.000 10234 10234 10234 Sale Atl C o ast L 1st cons 4 s____Ju ly 1952 M S 135.000 89 34 89 34 9134 92 34 ■o -y ear secured 7s_________ 1930 M N 149.000 10734 Sale 10634 Sale G e n eral u n ified 4 14s________ 1964 J D 64.000 91 9134 9034 9134 L & N c o lla t gold 4 s_____O ct 1952 M N 256.000 86 8634 8634 Sale t l & D an v ille 1st g 4 s ________ 1948 J J 51,000, 7634 77 77 78 11 Second 4 s__________________ 1948 J J 103.000 6234 63 6534 68 A tl & Y ad k in 1st gu g 4 s______ 1949 A O 38.000 74 7734 7634 7634 A ustin & N W 1st g 5 s______ -.1 9 4 1 J J 9834 4.000 9834 99 B a lt & Ohio p i g 334s________ 1925 J J 19.000 9934 Sale 9954 100 R e g iste re d _____________________ Q .T 9934 100 1st g 4 s............ .............— J u ly 1948 O 324", 666 8634 Sale 8734 Sale R eg iste re d ___________________ 1.000 8434 8534 86 J 8634 C o n v e rt 4 14 s -----------------------1933 s 1.183.000 8934 Sale 9234 Sale R efu n d & gen 5s ser A ______1995 J D 405.000 8534 Sale 8954 Sale 1st gold 5s in t c tfs_________ 1948 A O 1.156.000 10034 Sale 10134 Sale 1 0-year 6 s---------------------------- 1929 J J 524.000 103 34 Sale 10334 Sale R e f a n d gen 6s, series O ___ 1995 J D 10234 Sale 681.000 10134 Sale P i t t s J e t & M D 1st g 3 1 4 s ..1925 M N 9934 100 P L E & W Va Sys re f g 4 s . .1941 M N 8534 Sale 245', 666 8334 Sale S W D iv 1st g 334s________ 1925 J J 9954 Sale 153,000 9934 Sale T o l C in D iv 1st & re f 4 s___ 1959 J 85.000 6834 6934 6934 Sale B a ttle C reek & S tu rg is gu 3 s . . 1989 J 6134 63 5834 . B eech C reek 1st gu 4 s________ 1936 J 92 34 9 3 34 93 Sale B eech C reek e x t 1st g 314s___ 1951 A 80 15.000 7634 80 iBig S an d y R y 1st 4 s---------------- 1944 J 86 16.000 85 8534 8554 B osto n & N Y A ir L ine 1st 4 s . . 1955 F 17.000 6534 6734 7134 Sale .B runsw & W 1st gu g 4 s______ 1938 J 9134 93 9154 93 B u ff R och & P itts gen 5 s_____ “5,666 102 _____ 101 103 M C onsol 4 J 4 s _ .______ 1957 M N 137.000 8834 Sale 8634 8634 R e g iste re d ___________ _____ ____ M N 50.000 B u rl C ed R a p & N o r 1st 5 s____1934 A O 1,000 9934 16634 9934 10034 •C anada Sou con gu 5 s________ 1962 A O 91.000 10034 10034 10134 Sale C a n a d ia n N o d eb s f 7s_______ 1940 J D 108.000 11534 Sale 11634 11634 144.000 11634 Sale 2 5-year d eb s f 614s g ______ 1946 J J 11654 Sale ■Canadian P a c 4% d eb s to c k _______ J J 408.000 7934 Sale 7934 Sale C a rb & Shaw 1st g 4 s _________1932 M S 92 94 9234 84 ■Caro C en t 1st cons g 4 s______ 1949 J J 17", 666 82 7834 81 C aro C lin ch & Ohio 1st 5 s____ .1 938 J D 13.000 10034 10134 10034 101 1st & con g 6s series A ______ 1952 J D Sale 107 309.000 10634 Sale C a r t & A d 1st gu g 4 s________ 1981 J D 82 34 85 34 8234 ■C e n t B r U n P a c 1st g 4 s______ 1948 J D 26",666 7434 7534 7634 78 34 C e n t N E 1st g u a r 4 s _________ 1961 J J 42.000 64 6434 6734 67 34 9634 9934 9734 9934 C O R eorg 1st con g 414*_____ 1930 M S ■C e n t o f G a R y 1st g 5 s------N ov 1945 F A 10134 . 10154 Sale C onsol gold 5 s--------------------- 1945 M N 100 109.000 9934 100 R eg iste re d _______________ 1945 M N 9634 99 9734 10-yr 6% secured b o n d s____ 1929 J D 78", 665 103 iS ale 10354 104 :Rer & gen 514 s series B te m p . 1959 A O Sale 136.000 99 10034 Sale >Ohat D iv p u r m o n ey g 4 s ___1951 J D 85 ------- 84 5,000 83 M ac & N o r D iv 1 st g 5 s____ 1946 J J 9834 . . 102 M o b ile D iv 1st g 5 s________ 1946 J J 100 ' . 10034 d e n R R & B k g o f G a col g 5 s ..l9 3 7 M N 96 19.000 95 9734 9734 ■Central o f N J gen g 5s_______ 1987 J J Sale 38.000 108 10754 10834 R eg iste re d ______ _______________ Q J 5.000 106 34 _____ 10634 10654 A sk . R A N G E S IN C E J A N . 1. Lowest. March 31. 52,000 49.000 63.000 11.000 24.000 [V ol. 120 40 35 37 21 19 Sale 90 103 34 102 54 111 9934 9934 9934 10054 98 69 95 95 110 10334 9634 96 9234 100 10334 9734 10034 8634 8634 84 10134 9934 11434 10134 63 9834 10834 10934 100 34 10052 82 34 •8154 92 6434 8934 8254 7934 8334 82 54 8254 8354 9834 8434 86 54 92 8854 8954 10154 9454 10254 9154 10554 9154 8654 78 68 7634 9834 9954 9854 8834 8634 9154 88 10054 103 10134 9754 8734 10034 6934 6034 9334 81 86 6734 9234 10134 8454 9954 101 l4 11634 117 34 79 92 78 10034 10734 8234 6454 65 9734 10134 10034 9754 103“ 10154 83 102 10034 9734 108 34 10634 Sale Sale Sale Sale Sale Sale 9934 101 Sale Sale Sale 9554 Sale 10434 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10334 Sale Sale Sale 66 Sale Sale Sale 101 §2 8334 Sale Sale Sale M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 24 3 24 31 31 2 31 3 10634 11634 115 34 91 34 8754 9434 8954 9954 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 27 31 30 31 31 8254 9154 8654 85 8454 M a r. M a r. M a r. M a r. M a r. M a r. 2134 M ar. 13 2254 M a r. 1834 M a r. 6 2234 M a r. 26 22 39 3934 90 10254 10234 11034 9934 99 9934 101 98 6834 95 95 10934 103 9554 94 9254 100 10334 97 100 8634 85 84 103 34 99 113 10134 66 9834 107 54 10834 M ar. M ar. M a r. M ar. M ar. M a r. M a r. M ar. M ar. M ar. M a r. M a r. M ar. M ar. M a r. M a r. M a r. M ar. M ar. M a r. M ar. M a r. M ar. M a r. M ar. M a r. M ar. M ar. M ar. M a r. M ar. M a r. M ar. M a r. M a r. M ar. 101 M a r. 21 101 8234 8154 9134 64 8854 8654 8234 M a r. M a r. M a r. M a r. M a r. M a r. M a r. 18 27 17 6 24 6 19 17 31 31 25 20 31 26 2 10 19 13 13 21 31 30 18 30 27 31 5 31 16 25 27 6 30 9 19 6 5 23 7 28 2 3 9 2754 25 4054 39 34 9234 10334 103 54 11134 100 100 100 103 100H 7254 9534 96 112 10534 98 9634 9454 10254 10434 9834 10134 89 90 8634 104 9934 115 102 6734 9934 10834 110 8334 8334 92 6554 90 8754 8334 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 30 104 54 13 11534 26 11534 2 89 3 84 16 9134 9 88 17 98 54 99 54 6 81 2 90 18 8334 5 82 54 5 8254 21 23 45 6 3254 3734 35 2 21 9 1834 2634 2154 23 9 2234 6 2154 6 3634 6 36 5 88 2 102 54 3 10034 25 11034 3 9734 3 9734 3 9734 2 10054 6 98 2 6834 7 1 95 10 9434 5 109 6 10134 3 9454 30 94 11 9254 10 100 2 103 2 97 2 100 2 8634 16 85 12 8334 4 103 34 2 9834 4 113 14 9834 3 66 17 97 9 10634 2 10834 M a r. 21 10054 101 M a r. 30 8234 M a r. 23 8134 M a r. 9 91 M a r. 6 64 M a r. 9 88 34 M a r. 13 8654 M a r. 10 8134 Sale 80 Sale 8254 M a r. 2 8354 M a r. 9 8434 8254 M a r. 16 83 54 M a r. 3 83 54 8254 M a r. 13 83 34 M a r. 10 99 8834 Sale 9834 M a r. 23 99 M a r. 9 8734 M a r. 4 8854 M a r. 13 92 M a r. 31 94 M a r. 4 8934 M a r. 5 8954 M a r. 19 10234 M a r. 25 10234 M a r. 25 M a r. 5 96 M a r. 5 9634 96 10254 10234 M a r. 2 10254 M a r’ 10 Sale 9154 M a r. 12 93 M a r. 19 10654 10554 M a r. 19 10834 M a r. 2 M a r. 5 92 M a r. 14 9154 91 8654 8654 M a r. 11 8734 M a r. 6 Sale 7734 M a r. 3 7854 M a r. 25 M a r. 12 7034 M a r. 19 6834 65 7754 7534 M a r. 13 7634 M a r. 11 9854 M a r. 27 9934 M a r. 14 9954 M a r. 5 100 M a r. 14 100 93 Sale Sale Sale Sale Sale Sale 8754 8654 9134 88 10054 10254 10154 M a r. M a r. M a r. M a r. M a r. M a r. M a r. 2 6 28 27 30 2 17 89 8654 9254 8954 10134 10354 103 M a r. 17 M a r. 6 M a r. 3 M a r. 3 M a r. 9 M a r ’ 10 M a r. 9 Sale Sale Sale 6134 8554 M a r. 2 87 54 M a r. 20 9954 M a r. 3 10034 M a r. 30 6834 M a r. 2 6934 M a r. 12 8134 80 M a r. 2 8134 M a r. 11 8554 M a r. 7 87 M a r. 14 68 M a r. 19 7154 M a r. 4 69 103 Sale 101 Sale Sale Sale Sale 10134 8434 8534 9954 101 11634 11754 79 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 12 30 9 17 11 3 3 4 Sale Sale Sale 78 M a r. 18 7834 M a r. 7 10034 M a r. 16 10054 M a r. 6 10654 M a r. 3 10754 M a r. 20 10134 87 8534 10034 10154 11654 11854 7954 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 18 3 9 4 2 16 21 13 76 65 M a r. 20 7934 M a r. 6 M a r. 24 6754 M a r. 3 10034 100 M a r. 2 10034 M a r. 27 6634 9934 Feb. Feb. Feb. Jan. Feb. Jan. Feb. Feb. Jan. Feb. Feb. Feb. M ar. M a r. M ar. Jan . F eb . F eb. F eb. Jan . Feb. Jan . M a r. M ar. Jan. Jan . Jan. Feb. F eb . F eb. F eb. F eb . 25 28 2 13 17 19 14 28 30 7 16 18 17 5 6 21 2 9 14 5 2 31 16 12 4 2 5 16 10 9 25 3 10134 101 8334 83 34 92 67 34 89 54 8834 83 34 M a r. M a r. M a r. Feb. Feb. Feb. F eb . 30 23 9 5 16 9 27 Jan. F eb. Jan. Jan. Jan. M a r. Jan. 7 18 27 8 8 3 9 Feb. Jan. Feb. Jan . M an. 2 13 7 3 17 F e b . 25 F e b . 19 J a n . 21 Jan. 6 Jan. 7 J a n . 20 J a n . 22 J a n . 30 J a n . 12 F e b . 18 J a n . 21 8254 8154 8134 8134 98 84 86 92 9154 8854 10234 95 102 89 10554 9054 8634 7654 62 54 75 9854 9954 9954 8554 8534 8934 8554 100 10254 10054 9954 8354 9954 6834 6054 9234 7834 85 67 J a n . 2 83-54 J a n . 29 J a n . 13 8134 J a n . 31 J a n . 2 8334 M a r. 10 83 34 Feb. 17 J a n . 12 9934 F eb. 27 F eb . 26 84 34 Feb. 26 J a n . 30 8854 M a r. 13 M ar. 31 94 J a n . 22 9154 J a n 17 8154 M a r. 19 102 34 M a r. 25 F eb . 25 9634 •an. 12 J a n . 28 10254 M a r. 10 J a n . 27 93 M a r. 19 M a r. 19 108 F e b . 11 J a n . 8 92 F eb . 5 F eo. 24 87 34 M a r. 6 J a n . 21 7834 F e b . 19 J a n . 7 7034 M a r. 19 J a n . 15 7754 F e b . 25 M a r. 27 99 U. J a n . 2 10034 F e b . 11 9954 J a n . 2 89 M a r. 17 J a n . 6 8654 M a r. 6 J a n . 7 93 F e b . 24 J a n . 2 90 F e b . 14 J a n . 5 102 Feb. 9 J a n . 3 10334 J a n . 13 J a n . 2 103 34 F e b . 3 9934 J a n . 14 J a n . 2 87 54 M ar.J20 M a r. 3 10034 J a n . 23 J a n . 7 6954 J a n . 13 61 93 34 F eb. 5 F e b . 13 8134 M ar. 11 J a n . 9 87 M a r. 14 J a n . 10 7234 Feb. 26 10134 8434 85 34 9954 10034 115 11534 79 93 78 10034 10554 84 74 54 6434 9734 10154 99 34 F eb . M a r. M a r. Jan. Jan. Jan . Jan . Jan . M a r. 24 10454 M a r. 16 103 103 34 103 M a r. 13 99 102 10034 M ar. 2 102 84 M ar. 10 8434 M a r. 21 84 8434 9954 109 J a n . 23 J a n . 19 J a n . 2 10654 M a r. 3 11734 11554 M a r. 31 92 54 M a r. 31 8834 J a n . 8 9434 M a r. 31 90 34 J a n . 5 9954 9954 M a r. 27 83 34 M a r. 31 92 M a r. 30 8634 M a r. 31 8634 M a r. 31 8554 24 24 4534 J a n .| 5 41 40 3534 F eb . 24 25 M a r. 6 2454 2634 2834 J a n . 23 2834 3054 J a n . 9 2834 43 43 J a n . 10 93 M a r. 6 107 J a n . 2 103 54 M a r. 17 11334 J a n . 3 10034 J a n . 2 100 J a n . 2 10034 J a n . 2 103 M a r. 31 10254 M a r. 26 79 F e b . 16 9554 J a n . 6 96 34 J a n . 8 9954 J a n . 2 112 J a n . 5 10534 J a n . 3 9734 M a r. 31 96 M a r. 30 103 J a n . 16 105 M a r. 30 101 M a r. 27 10334 M a r. 31 91 M a r. 5 90 J a n . 26 8634 M a r. 16 104 54 J a n . 5 10054 M a r. 27 117 J a n . 2 103 M a r. 30 6754 J a n . 2 9954 J a n . 13 109 M a r. 6 11134 27 30 9 29 3 7 12 2 M a r. 18 J a n . 22 Jan . 9 J a n . 30 Jan . 6 Jan . 5 102 34 8834 85 34 10034 10154 11754 11854 80 93 8334 10154 10754 84 79 34 69 97 34 10254 10034 J a n . 2 10454 J a n . 2 10234 F e b . 18 84 34 J a n . 5 100 J a n . 30 Jan. 2 M a r. M a r. F eb . M a r. Jan . 4 2 14 21 15 J a n . 29 Jan . 5 M a r. 20 M a r. 6 F eb . 5 Jan. 6 M a r. F eb . M a r. Jan. 16 11 21 12 96 54 M a r . 6 98 M a r. 30 95 J a n . 12 98 M a r. 30 M a r. 30 10734 J a n . 27 109 10734 M a r. 17 109 M a r. 30 10654 M a r. 3 10654 M a r. 3 10634 F eb . 10 10614 J a n . 12 BONDS—STOCK EXCHANGE RECORD A pril, 1925.] Sales in M arch. Par Value. BONDS N . Y. ST O C K EX C H A N G E. „ . Price Jan. 2 1925. Bid. A sk S 430,000 87% Sale 2 2 ,0 0 0 95% Sale 25,000 86% 86% 116% 19.000 99% 76.000 102% Ij Bid. A sk . Bid. 87% Sale 8734 Sale 96 96 86 86 % 8534 118% 11834 100 % 10034 102% 102% 10134 100% 101% 8834 Sale 90 8834 86% 88 Vs 96 % Sale 9634 106 J* Sale 10234 ioi J N O N D J J D A 96% 89% 103 101% 108 83 86 95% 59% 60 Sale 9634 ------89% 8934 Sale Sale 10534 Sale Sale 10234 Sale 109 10934 Sale Sale 84 Sale 86% 8834 8934 Sale 9834 Sale Sale Sale 9634 8934 102 102 10834 8234 86 9734 A sk . Sale Sale 8734 96 8634 8534 102 8834 Sale Sale Sale 6334 6234 H ighest. Lowest. M arch 31. ioi J M A M J J J J F R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . M arch 2. C en t P a c 1st re f gu g 4 s_______ 1949 F A M tg gu g 3 % s -------------- Aug 1929 J D T h ro u g h S t h 1st gu g 4 s____1954 J J C harles & Sav 1st g 7 s________ 1936 A O Ohes & O gen fn d & im p 5 s____1929 J J 1st cons gold 5 s____________1939 M N R eg iste re d _______________ 1939 M N G eneral gold 4 % s __________ 1992 M S 186,000 88% Sale R eg istered ____________________ F A 85% Sale Sale C o n v ertib le 4 % s____________1930 F A 860,000 95 ,663,000 106% Sale C o n v secured 5s____________1946 A O 2 ,0 0 0 R eg iste re d ___________________ A O 1,000 97% Sale 98 C raig V alley 1st g 5 s_______ 1940 J 10034 98 13.000 81 82 % 83 82 P o tts C reek B r 1st 4 s_______ 1946 J 8334 9,000 83% 84 8434 8434 84 R & A D iv 1st cop g 4 s______ 1989 J J 80 82% 78 J* 10.000 78 R & A D iv 2d con gold 4 s____ 1989 J J 96% 98% 93 W arm Spring Val 1st g 5s___ 1941 M S 9834 9334 63% 64 Vs 63 C hic & A lt RR re f g 3 s_________ 1949 A 51,000 62% Sale 6034 62 % 6034 C tfs o f d ep stm p d O ct ’24 in t 58% C tfs o f dep stm p d A pr ’24 i n t ___ 53 648.000 45% Sale C hic & A lt Ry 1st lien g 3 % s ___ 1950 J J 56 U Sale 53 % Sale 22,000 45% Sale C tfs dep coup J a n 1923 o n ______ 50 83 54 Sale 126.000 81% Sale C hic B u rl & Q 111 D iv 3 % s _____1949 J |3 % 80% 81% 8 0 3 4 ------R e g iste re d _______________ 1949 J 109.000 S8 3^ Sal© Illinois D ivision 4 s_________ 1949 J J 90?4 Sale 92 34 99,000 99% Sale N eb rask a E x ten sio n 4 s______ 1927 M N 9934 9934 9934 Sale G eneral 4 s_________________ 1958 M S 193.000 87% 88% 90 9034 R e g iste re d ___________________ M S 1st & re f 5s Ser A ____________ 1971 F A 421.000 101% Sale 10134 Sale 10134 59 Sale 155.000 55 C hicago C ity & C onn R y 5 s____1927 A O 56 5434 107 107 C hic & E 111 1st cons g 6 s______ 1934 A O 2,000 106% C hic & E 111 (new co) gen 5s__ 1951 M N ,153,000 75% Sale 7734 Sale 7534 C hic & E rie 1st gold 5 s________ 1982 M N 42.000 99% 9934 10034 9934 C hic G t W est 1st 50-yr 4 s_____ 1959 M S ,063,000 60 Sale 63 34 Sale 6134 C hic In d & Lou re f g 6 s_______ 1947 J J 3,000 109% 111 11034 11134 107 R efunding gold 5 s___________1947 J J 15.000 99% 100 9934 10034 87 86 87 16.000 85% 87 R efunding 4s Series C ______ 1947 J J 17.000 87% Sale 1st & general 5s Ser A _______ 1966 M N 8934 8834 Sale Sale 1st & gen 6s Ser B _____M a y 1966 J J 53.000 101% 102% 10234 10334 79 Sale In d & L ouisv 1st gu 4 s______ 1956 J J 18.000 77 77 34 78 C hic In d & Sou 50-yr 4 s______ 1956 J J 86% 8634 8634 C hic L S & E a s t 1st 4 % s ______1969 J D 92% 95 93 34 9334 O M & P u g e t Sd 1st gen 4 s ___ 1949 J J 683.000 54% 56% 5634 Sale 45 34 C hic M il & S t P gen g 4s_ M ay 1989 J J 569.000 73% Sale 7134 Sale 7434 50.000 63% 64 G e n g 3 % s S e r B ______M a y 1989 J J 6234 6434 63 34 G en 4 % s Ser O _______ M a y 1989 J J 458.000 82% Sale 8234 7934 Sale Sale G en & re f Ser A 4 % s __ J a n 2014 A O 2 ,770,000 53 52 34 Sale 4434 Sale G en re f conv Ser B 5 s .- J a n 2014 F A 1 ,777,000 57 5734 Sale 4534 1st sec gold 6s______________ 1934 J J 1 ,323,000 99% Sale 9834 Sale 101 46 C o n v ertib le 4 % s ____________1932 J D 2 ,618,000 59% Sale 5734 Sale 4 s -----------------1925 J D 12 ,156,000 76% Sale 6834 Sale 4834 4s----------------------------------------1934 J J 1 ,996,000 54% Sale 4534 5334 Sale C h & M o R iv D iv 5s________ 1926 J J 219.000 95% 96% 9534 Sale 9634 C h & N W extens 4 s_____1886-1926 F A 21.000 99% 99% 9934 10034 9934 R e g is te re d _________ 1886-1926 F A 2,000 97% 98% 9834 9834 G eneral gold 3 % s ___________1987 M N 96,000 73% 75% 7434 7434 7434 71 R e g is te re d ___________________ M N 70% Sale G eneral 4 s_________________ 1987 M N 83% 83% 85 8334 S tam p ed n o n -p a y t in c t a x . 1987 M N 73.000 83% 85 8334 8434 85 G eneral 5s sta m p e d ________ 1987 M N 14.000 103% 104% 104 104 34 104 104 Sinking fu n d 6s__...........1879-1929 A O 3,000 104% 10534 10434 R e g is te re d ---------------1879-1929 A O 103% 10334 10334 Sinking fu n d 5s.......... -.1 879-1929 A O 4,000 100% 10034 10034 99 R e g is te re d _________ 1879-1929 A O 99% 10034 102 Sinking fu n d deb 5s________ 1933 M N 7.000 100% Sale 10134 Sale 100 101 R e g iste re d ----------------------- 1933 M N 1.000 99% 10-year secured 7 s___________1930 J D 65.000 107% 108 10834 10834 109 15-year secured 6 % s ________ 1936 M S 128,000 111% 112 11234 11234 112 Sale 101 1st & re f g 5s-------------- M a y 2037 J D 211,000 100% Sale 9934 C hic R I & P acific gen g 4 s____1988 J J 95.000 83 83% 83 34 8334 8234 R e g iste re d _______________ 1988 J J 81% 84 8134 83 34 82 R efunding gold 4 s___________1934 A O 83% Sale 8634 8634 Sale C hic S t L & N O gold 5 s_______ 1951 J D 4,000 100% 10134 103 10234 R e g iste re d ----------------------- 1951 J D 102 101% 10134 G old 3 % s __________________ 1951 J D 79% 7834 M em phis D iv 1st g 4 s ______ 1951 J D 84 85% 8234 8534 8434 C h S t L & P cons g 5s_________ 1932 A O 10134 103 101% C hic S t P M & Ora cons 6 s____1930 J D 105 105% 10534 10834 10534 C ons 6s reduced to 3 % s_____1930 J D 92 9234 9234 D e b en tu re 5s_______________ 1930 M S 96 97% 98 9934 98 : S ta m p e d _____________________ I 99% 9834 99 9834 C hic T H & S’e ast 1st 5s______ 1960 j D 78 78 77 34 Sale 79 Incom e g u a r 5s______ D ec 1 1960 M S 60% 5934 Sale 59 5834 92 C hic U n S t t 1st g u 4 > js A ____1963 J J 91% Sale 92 34 9234 1st 5s Series B ______________1963 J J y2 Sale 10034 Sale 10034 G u a ra n tee d gold 5s_________ 1944 J D ___ 9834 97 34 Sale 11634 1st 6 % s Series C ___________ 1963jJ J 116% 117% C hic & W I gen g 6 s______ D ec 1932:Q M 105% — 105 34 105 34 C onsol 50-year 4 s___________1952 ,T J 76% Sale 7934 Sate 7734 15-year s f 7 % s ____________ 1935.M S 102 Sa’e 104 1st & re f 5 % s series A ______1962 M S Sale 98 97 34 C hoc O kl & G consol 5 s_______ 1952 M N Sale I 9934 9934 '9 9 % C in H a m & D a y 2d g 4 % s _____ 1937 J J 92 93% 94 9434 Sale C in I S t L & C 1 st 4 s_____A ug 1936 Q F 90% 92% 91% 93 91 34 R eg istered ------------------A ug 1936 Q Fi 91 86% 9034 Sale C in L & N 1st con gu g 4 s_____1942 M N 87% Sale 8834 Sale 87 34 C in S & Cl cons 1st g 5 s_______ 1928 99 34 , 99% 9934 C learfield & M a h 1st gu 5s____1943 98 '4 1 98% 98)4 O C O & S t L gen g 4 s ________ 1993 83% Sale 8134 82 34 8234 20-year d e b en tu re 4 % s _____ 1931 97 96 Sale Sale 97 34 G en 5s Series B ____________ 1993 98% 101 101 100)4 R ef & im p 6s Series A _______1929 Sale 103 10334 10134 R ef & im p 6s Series C _______1941 Sale 104 107% 10734 R ef & im p 5s Ser D ________ 1963 Sale 95 9634 Sale 96)4 C airo D iv 1st gold 4 s_______1939 89% 90% 8934 9034 9034 C in W & M D iv 1st g 4 s____1991 79% 80% 8134 82 79 S t L D iv 1st coll tr u s t g 4 s ..1 9 9 0 M N 81% 83 8134 8234 8134 Sp & C ol D iv 1st g 4 s_______ 1940 M S 88% 91% 8834 90) 8834 W W V al D iv 1st g 4 s______ 1940 J J 87% 88% 8634 8634 C lev Col C & In d 6 s________ 1934 J J 107% 107 34 10734 C lev L o r & W con 1st g 5s____1933 A O 101% 100 10034 102 C lev & M a r 1st gu 4)Hs_______ 1935 M N 96% 9634 9634 C lev & M ah o n Val g 5s_______ 1938 J J 98% 9834 9834 C lev & P itts g u 4 H s Ser B ___ 1942 97% 97 % 99 9934 Series A 4 J ^ s _______________ 1942 99 99 97% Series D ___________________ 1950 83 91 81 8654 84 C lev S h o rt L ine 1st gu 4 % s __ 1961 97% 97% 9734 9731 9534 C lev U n T e rm ’ls 1st s f 5 % s ..l9 7 2 Sale 106 10534 10531 10534 1st s f g 5s Ser B ___________ 1973 99% Sale 10034 Sale 100 C oal R iv R y 1st gu 4 s________ 1945 83% 83% 8434 86 8434 Colo & S o u th ern 1st g 4 s______ 1929 96% Sale 9834 97 34 Sale R efu n d in g & e x t 4 % s _______ 1935 M N 90% Sale 9234 9234 Sale C ol & H o ck V al 1st ex t g 4s____1948 A O 86% 8634 8634 C ol & T o l 1st e x t 4 s__________ 1955 F A 84% 90 8434 8534 C o n n & P a s R iv s 1 st g 4 s______ 1943 A O 78% 8234 83 34 81 C u b a R R 1st 50-yr 5s g _______ 1952 J J 83% Sale 8734 8734 Sale 1st & re fu n d 7 % s Ser A ____1936 J D 102% Sale 10434 Sale 10334 C u b a N o rth R y s 6s s tm p d ____1966 J J 92 89% Sale 9234 Sale D a y & M ich 1st con 4 % s ______ 1931 D e l& H u d 4 s_________________ 1943 10-year co n v ertib le 5 s______ 1935 15-year 5 % s ............................... 1937 10-year secured 7 s___________1930 D en & R G 1st cons g 4 s______ 1936 C onsol gold 4 % s ____________1936 Im p ro v em en t gold 5s_______ 1928 F ir s t & refu n d in g 5s________ 1955 R e g iste re d _________________ F a rm e rs L n & T r d ep re c ts for 1st & re f 5s d u e __ A ug 1 1955 15 Sale 8634 95 34 8534 11234 134 M a r. 11 10034 M a r. 5 9834 10134 M a r. 9 10234 M a r. 3 10134 8834 M a r. 19 90 9634 102 10434 9834 8234 8434 7934 M ar. M a r. M a r. M ar. M a r. M ar. M a r. 63 M a r. 9734 10734 104)4 9834 83 8434 80 9 64 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 87% J a n . 85% J a n . 26 9434 J a n . M a r. 2 102 7 103 34 F eb . 25 9734 J a n . 13 82 34 J a n . 3 83 34 J a n . 11 7934 M a r. 97% J a n . 3 62 Jan. 5834 J a n . 6034 J a n . 3 4534 J a n . 2 45 Jan. 2 8134 J a n . M a r. 17 9034 M a r. 2 93 99 M a r. 4 9934 M a r. 2 M a r. 25 8934 M a r. 5 91 Sale Sale 107 34 Sale 100 Sale 107 34 102 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. 17 4 12 2 4 2 6 4 31 21 28 6 10134 5434 107 75 9934 61 10934 100 Sale 8634 88 90 10234 7834 7734 M a r. M ar. M ar. M a r. M a r. M ar. M ar. M a r. M ar. M a r. M a r. M a r. Sale Sale 6634 Sale Sale Sale Sale Sale Sale Sale 9734 100 M a r. 31 5834 M a r. 6 M a r. 18 7434 M a r. 31 M a r. 6534 M a r. 21 M a r. 8234 M a r. 21 53 M a r. 3 M ar. M a r. 5734 M a r. 3 101 M a r. 26 M a r. M a r. 5734 M a r. 2 M a r. 68 34 M a r. 2 M a r. 5334 M a r. 3 97 M a r. 23 M a r. M a r. 100 M a r. 18 M a r. 9934 M a r. 18 M a r. 18 M a r. 75 Sale 4534 7034 6234 7734 4334 4434 9634 44 4634 44 9434 9934 9934 7434 83 Sale 83 10434 102 10534 104 M a r. M a r. M a r. M a r. 10034 10034 M a r. Sale Sale Sale Sale 102 101 108 11134 9934 82% Safe" ____ 8634 M a r. 102 34 M ar. __ -----8534 M ar. M a r. M ar. M a r. M ar. M a r. 111 10034 87 9034 103 34 7934 8534 85 10434 10434 102 101 11234 11234 M ar. M a r. M a r. M a r. 102 M a r. 8434 M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 5934 M a r. 9234 M a r. 10134 M a r. M a r. 98 M a r. 117 M ar M a r. M a r. M a r. M a r. M a r. M a r. 8 8 )4 M a r. 9934 M a r. 7934 10234 9834 10034 9434 91% 9034 8834 99% 8134 M a r. 97 M a r. 11 3 21 4 6 4 2 5 26 16 18 M a r. 13 102 3 M a r. 16 85 10134 10534 9234 99 Sale 7734 10234 102 34 S ite 9734 10034 9934 9434 9134 9134 9034 M ar. M a r. M a r. M a r. 6 10034 M a r. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M a r. M a r. M ar. M ar. 83 34 10134 104% Sale 9234 9834 9834 9934 9834 Sale 75 5834 55 92 Sale Sale 100 Sale 9734 117 11634 Sale 9734 63 107 78 9934 64 Prices. F eb. 26 J a n . 23 M a r. 27 F eb . 4 M a r. 11 M a r. 9 M a r. 2 M a r. Sale 5234 M a r. 11 57 M a r. 20 54 M a r. 5334 50 83 34 8334 M a r. 11 8534 M a r. Sale"’ ------9034 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 20 11 16 31 12 21 25 3 12 12 3 16 2 76% J a n . 19 102% M ar. 2 97% F e b . 24 9934 J a n . 2 93% J a n . 30 91% M a r. 2 90% F eb. 2 87% J a n . 2 12 9934 M a r. 20 8234 M a r. 19 M a r. 19 98 81% 96 99% 103 103% 94% 89% 80 81% 88% 87% 107% 101% 96% 98% F eb. Jan. Jan. Jan. M ar. Jan. Jan. Jan . M a r. Jan. Jan. Jan. F eb . Jan. Jan. 104 104 34 96% 90 8134 82 8834 M a r. M a r. M a r. M a r. M a r. M a r. M a r. 18 20 17 21 5 17 10 84 M a r. 95% M a r. Sale 10434 M a r. 10034 9934 M a r. 85 M a r. 86 9834 9734 M a r. Sale 9234 M a r. 8534 9834 10534 10134 85 9834 9334 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 18 84 16 95% M a r. 9 104% J a n . 5 99)1 J a n . 5 83% J a n . 26 96% J a n . 16 96% J a n . 86% F eb . 83 Sale Sale Sale 9734 Sale Sale Sale Sale Sale 8734 Sale Sale 8934 96% 87 117% 100% 103% Prices. M a r. 14 M a r. 23 J a n . 14 J a n . 30 Jan . 5 Jan. 9 9034 87 34 97% 109 34 106% 9934 83 84% 80 97% 66 6234 62% 58% 5534 85% Feb. Jan. M a r. Jan. Feb. Jan . Jan. M a r. Jan. Jan. Feb. Feb. Feb. Feb. F eb . M a r. 19 2 26 10 7' 8 8 3 275 16 6' 25 3 6 13 2 M a r. Feb. M a r. Feb. Jan . F eb . Feb. F eb . Feb. F eb . Jan . M a r. M a r. M a r. M a r. M a r. F eb . F eb. M a r. M a r. M a r. Jan . Jan. F eb . M a r. 101 60% J a n . 78% J a n . 56% J a n . Jan. 97 100 % J a n . 99% F eb . M a r. 75 72% F e b . Jan. 86 Jan. 85 104% J a n . 104% M a r. Jan. 104 100 % J a n . 100% J a n . Feb. 103 F eb . 101 112% M a r. 112% J a n . 101 % J a n . 84% F eb . 82% J a n . 88% M a r. Jan. 103 101 % J a n . 79% J a n . 85% F eb. 101 % F eb . 108% J a n . 92% F eb . 99% J a n . 99% M a r. Jan . 79 60% F eb . Feb. 93 102% J a n . 98% F e b . 117% J a n . 17 2 25 27 27 28 4 11 11 7 29 4 31 21 28 6 6 28 6 31 21 12 8 28 26 7 7 9 13 22 26 18 13 29 6 8 4 31 30 30 6 25 5 10 14 19 7 13 27 5 7 10 10 19 26 28 21 13 14 16 20 20 3 F eb . Jan. Feb. Jan . Jan . F eb . F eb . F eb . F eb. 5 2 21 30 6 17 25 2 24 93 100 91 8934 102 % 58% 107% 79 100 % 65% 111 100 % 87 90% 103% 79% 87% 93% 58% 74% 65% 82% 54 58% 8834 J a n . 99 Jan. 88 34 J a n . 89 34 F e b . 100% J a n . 54 F eb . 10534 J a n . 7434 J a n . 9934 J a n . 5934 J a n . 10934 J a n . 7934 J a n . 8534 J a n . 87 F eb. 101 34 J a n . 77% J a n . 86% J a n . 93 34 F eb . 45% M ar. 7034 M a r. 6234 M a r. 77% M a r. 43% M a r. 44% M a r. 96% M a r. 44 M a r. 4634 M a r. 44 M a r. 94% M a r. 99% J a n . 9834 J a n . 73 34 J a n . 72 Feb. M a r. 83 M a r. 83 M a r. 102 104 F eb . 104 J a n . 100% J a n . 100% J a n . 100% J a n . 101 F eb . 105 J a n . 11134 M a r. 9934 M a r. 82% M a r. 82 Feb. 83 34 J a n . 101% J a n . 101% J a n . 7934 J a n . 83% M ar. 101% M ar. 10434 J a n . 92 34 F eb . 9634 J a n . 98 F eb . 75 M a r. 55 M a r. 9134 J a n . 100 Jan . 9734 M ar. 116% J a n . M a r. M a r. M a r. M a r. M a r. M a r. M a r. Sale 103 34 105% 10334 Sale 9534 90 91 8034 8034 8234 8134 8834 H ighest. Lowest. Sale Prices. Prices. M a r. 27 8934 M a r. 14 M a r. 2 9634 M a r. 23 M a r. 27 8634 M a r. 3 80 104 98% 100% 94% 91% 90% 89% 99% 84% J a n . 22 M a r. 19 98 101 % J a n . 23 Feb. F eb . M a r. Feb. M a r. Jan. 88% J a n . 87% J a n . 107% J a n . 102% F e b . 96% J a n . 99% F eb . 10 16 17 18 5 10 23 8 12 4 9 3 M a r. M a r. F eb . M a r. F eb . M a r. F eb . F eb . 18 16 19 5 11 26 9 18 87 M a r. 103 M a r. 9134 M a r. 81% J a n . 21 81% J a n . 8734 M a r. 2 83% J a n . 2 87% M a r. 10434 M a r. 2 102% J a n . 2 106 J a n . 93 M a r. 6 89 J a n . 6 93% F e b . 21 2 2 10 9634 89 102 10134 10834 8234 88 9734 9634 9034 10634 10234 10934 84 8934 9834 9934 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M a r. M ar. M ar. M a r. M a r. 96 88% 10134 101 107 82 95 58 Jan . Jan . Jan . Jan . F eb. Jan . Jan. Jan . Jan. 59 Jan. 86 104 107% 96% 90 81% 83% 85% 98% 106% 101 % 86 % 98% 93% 86 % Jan. Feb. Feb. Feb. 110 J a n . 85% F e b . 89% M a r. Feb. 99 Jan. 67 97% 90% 107% 103 6 70 20 11 11 24 21 5 9 9 12 J a n . 12 BONDS—STOCK EXCHANGE RECOKD 16 Sales in M arch. Par Value BONDS N. Y. ST O C K EX C H A N G E . D en v er & R io G ran d e (Concluded)— B an k ers T r u s t Co c tfs d ep A ssnt to J 'n e 15 ’23 ag reem ’t . 8 ta m p e d _________________ A m E x N a t B k c tfs F e b 1922 A m E x N a t B k c tfs A ug 1922 D en v &JRIo G r W est 5s_______ 1955 D es M & F t D 1st gu g 4 s_____1935 D es P l’nes Val 1st gu 4 % s ___ 1947 D e t & M ac k 1st lien g 4 s_____1995 G old 4 s . ______ 1995 D e t R iv er T u n n e l 1st 4 % s ____ 1961 D u l M issab e & N o r gen 5 s____1941 D u l & Iro n R an g e 1st 5 s______ 1937 D u l So Shore & A tl g 5s______ 1937 Price Jan. 2 1925. B id. M J J M J A J A 1,480,000 J 89,000 S 18,000 D D 2,000 N 88,000 1,000 J 9,000 O J 38,000 60 58 M 56 55 % 60 41 93 % 72 66 M 91M 102 M 100 M 87 % Sale Sale 60 M 101 Sale 60M 43% 93 M 73 66 % 90 M 102 101% 86 M 88 % 89 % 100 100 % 101 % 99 % 108 % 71M 67 M 65 March 31. A sk . Bid. A sk . 60 68 57 63 55 M 45% 95 73 65 91 ___ 102 M ------- 101 % 88 M 81 Sale 44 M ------74 70 92 87 M ------15.000 9 9 % ____ 4,000 9 9 % -----11.000 100 M 101 73.000 101 Sale 47.000 9 9 % -----129.000 107 M Sale 244.000 70% Sale 81.000 Sale 386.000 64 G al H & San A n t M & P 1st 5 s . 1931 MN 2d g u a r ex ten 5 s_____________ 1931 G alv H o u s & H en d 1st 5 s--------1933 A O G enesee R iv R R 1st s f 6 s____ 1957 J J G a & A la 1st cons 5s O ct. 1945 J J G a C ar & N o r 1st gu g 5 s . .............1920 G eorgia M id lan d 1st 3 s--------- 1946 A O G ila V al G lobe & N 1st gu 5 s. 1924 M N G o u v & O sw egatch 1st gu 5 s . .1 942 J D G r R & I ex 1st gu g 4 % s ----------1941 G ra n d T ru n k o f C an s f 7 s____ 1940 A O 15-yr d eb g s f 6s g u a r--------- 1936 M S G rt N o r— G en 7s Series A ____ 1936 J J 1st & re fu n d 4 % s Ser A ------1961 J R eg iste re d ___________________ J G en m tg e 5 % s Ser B ______ 1952 J G en m tg e 5s Ser C ________ 1973 J J G een B ay & W est deb c tfs A . F eb D e b en tu re c tfs B _________ F eb G reen b rier R y 1st gu g 4 s------- 1940 iM N G u lf & Sh Isld re f 5 s............ F eb 1952 i J J 11,000 100 100M 99 % 100 14.000 JJ 69.000 9 1 M 92 35.000 100 M 100M 34.000 92 M J J3.000 99 M 100 8.000 64 M Sale 99 % 99 M J19.000 J 94 M 96 152.000 115% Sale 171.000 106% Sale 532.000 109 % Sale 90.000 92 M 93 100M 100 91% 104 M 94 M 99 M 64 % 98% 99 % 94 M 116% 107 % 110M 91M 100 % 100 Sale 100 94% 92 103% 95% 93% 99% 100 65 M 64% 98% 99% 94% 95 Sale 116% Sale 107% Sale 109% 92 M 91% 281,000 100% Sale 321.000 92 M Sale 75 1,000 69 517.000 14 M Sale 2,000 86 ____ 23.000 97 M 100 101 94 M 70 15 86 98 M Sale 94 M 75 Sale ____ 99 M H arlem R & P t C hes 1st 4 s__ 1954 M N 19.000 35.000 H o ck V al 1st con g 4 % s ............ 1999 J J R e g is te re d _________________ 1999 J J 1,000 H o u st & T ex C 1st g 5s in t gu .1 9 3 7 J J H ous B e lt & T e r 1st 5s-----------1937 J J 31,000 H o u st E & W T ex 1st 5s______ 1933 M N 1st gu g 5s re d e em _________ 1933 M N H o u sa to n ic R R con g 5s--------- 1937 M N 784.000 H u d so n & M a n h a t ser A 5 s------1957 F A A d ju st incom e 5 s ______F eb 1957 651.000 9.000 Illin o is C e n tra l 1st g 4 s---------- .1951 1st gold 3 % s _______________ 1951 4.000 E x te n d e d 1st g 3 % s ________ 1951 R eg istered ___________________ 9,000 1st gold 3s ste rlin g -------------- 1951 M S 32.000 C o lla teral tr u s t gold 4 s_____ 1952 A O 71.000 1st re fu n d in g 4 s____________1955 M N P u rch a sed lines 3 M s_______ 1952 J J 37.000 R eg iste re d ___________________ J J 175,000 C oll t r g 4s L N O & T 1953 M N 5,000 R e g iste re d ______________ MN R efu n d in g 5 s_______________ 1955 M N 56.000 15-year secured 5 % s ----------- 1934 J J 86.000 15-year secu red 6 M s_______ 1936 54,000 C airo B ridge gold 4 s----------- 1950 L itch field D iv 1st g 3 s--------1951 43.000 L o u isv D iv & T e r g 3 M s------ 1953 11.000 O m ah a D iv 1st g 3 s________ 1951 S t. L o u D iv & T e rm g 3 s— 1951 G o ld 3 M s_________ 1951 J 11,000 S p rin g f D iv 1st g 3 % s -------------1951J 4,000 W estern L ines 1st g 4 s______ 1951 R e g iste re d ___________________ 297,000 C h S t L & N O j t 5s A . ..........1963 Series B (£100 & £ 2 0 0 )---1 9 6 3 15,000 In d IU & l a 1st gold 4 s . ............. 1950 9,000 In d U nion gen & re f 5s A _____1965 G en & re f g 5s Ser B _______ 1965 380.000 In te r n a t & G t N o r 1st 6 s_____ 1952 A dj m 6s Ser A _____________ 1952 A p 1 1,250,000 537.000 I n t R y s o f C e n t A m er 1st 5s_.1972 M N 135.000 Io w a C e n t 1st gold 5 s________ 1938 J D C ertific a te s o f d e p o sit-----------10,000 113.000 1st & re f 5 4 s_______________ 1951 M S Jam e s F & C lear 1st 4 s_______ 1959 K a l A & G R 1st gu g 5 s............1938 K a n & M 1st gu g 4 s _________ 1990 Second 20-year 5 s___________1927 K C F t S & M c o n g 6 s............. .1928 K C F t S & M R y re f g 4 s___ 1936 K C & M R & B l s t g u g 5 s . ..1 9 2 9 K a n C ity S o u th 1st g 3 s______ 1950 R ef & Im p 5 s________ A pril 1950 K an C ity T e rm 1st 4 s------------- 1960 K e n tu ck y C e n tra l g 4 s----------- 1987 K eok & D es M 1st 5s ctfs d ep_.1923 C tfs d ep s tp d a s to i n t __________ K nox & Ohio 1st g 6 s------------- 1925 L a k e E & W 1st gold 5 s______ 1937 2d gold 5 s__________________ 1941 L a k e Sh & M S g 3 M s ..............1 9 9 7 R eg istered__________________ 1997 D e b en tu re gold 4 s _________ 1928 25-year gold 4 s_____________ 1931 R eg istered ____________________ L eh V ail H a rb o r T e rm 1st 5 s . . 1954 L eh V (N Y ) 1st g u g 4 M s----- 1940 R eg iste re d ______________________ L eh Val (P a) gen con g 4 s------2003 R eg iste re d ______________________ G en cons 4 M s--------------------- 2003 L eh V ail R R gen 5s series_____ 2003 L eh V T e r R y 1st gu g 5 s_____ 1941 R eg iste re d ______________________ J J A J M A A A J J J A D J O J N O O O J J J O J J J J J J J D J D M S M N MN F A J J J J M N MN NM M N A O A O 25,000 6,000 8,000 30.000 177.000 1,000 189.000 311.000 185.000 29.000 4,000 23.000 12.000 37,000 313.000 163.000 145,000 17,000 71,000 37,000 190,000 5,000 80 89% 83 % 98 M 95 99 M 99 M 92 M 87 68 89 81 81 78 57 M 86 M 88 M 78 Sale Sale Sale 104 M 99 M 93 M Sale Sale 64 M Sale 109% 87% 90 ____ Sale Sale Sale 61 19 % 20 84 % 99 % 80 100M 102 M 80 % 98 M 70% 89 84 83 % 88 M 81M 100 % 99 % 95 78 % 76 M 97 M 95 M 91M 100 % 96% 94 M 79 77 87% 99 % 99 M 99% 84 M Sale 105 103% 104 Sale 102 M Sale 110 % 111 % Sale 89 82 71 80 82 82 72 70 M 72 M 71 Sale Sale 80% 82 82 82 78 86% 88 87 84 Sale 98 M Sale 100 101 68 76 M 57 100 % Sale Sale 70% Sale 63 96 97 % 68 M Sale 68 68 M 74 M Sale 104 M Sale 84 84 99 M 98 % 99 M 93 Sale 94 M Sale 113% Sale Sale 67 89% 104% 94 M 95 M 108 81% 82% 83 M 90 Sale 90 90 98 M -----96 98 M Sale ------ 100% 100 M 101 92 M 96 -----88 % Sale Sale 72 % Sale Sale 90 M -----81% 8 2 % -----8 2 % -----8 0 % -----81 60% 67 72 86 M -----Sale 89 89 % Sale 81% 79% 80 M 83 M Sale 103 M 103 M 109 M 88 M 70 % 76 % 69 % 71% 79 78 M 86 M 84 96 M Sale 87% 100 100 103% 75% 79% 62% 57 23% 100% 93% 70 14% 86% 99 H ighest. Lowest. H ighest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 59% J a n . 12 69% J a n . 10 56% F e b . 11 70% J a n . 12 60% F e b . 19 62% F e b . 24 61 % M a r. 3 46% M a r. 24 55 M a r. 43% M a r. 73 65% 91 102 101% 86% 83% M a r. M a r. M ar. M a r. M a r. M a r. 73 65% 91% 102 102% 89 M a r. M a r. M a r. M a r. M a r. 99 94% 95 115 73 89% M a r. M a r. M a r. M a r. M a r. M a r. M a r. Feb. Jan. Feb. Feb. Feb. M a r. Jan. 24 4 27 14 17 5 19 27 Jan. Jan. M a r. Jan. Jan. Jan. Jan. Jan. M ar. M a r. Feb. Jan. M ar. M ar. M ar. !01% Jan. Jan. 89 99% 101 101 102 100 108% 72% 67% 66 % 62% 98 69 69 75% 105% 84 Jan. Jan. M a r. Jan. M a r. Jan. Feb. Feb. M a r. Feb. Feb. Feb. Feb. Feb. Jan. Feb. Jan. 29 7 2 9 19 19 26 13 19 24 3 13 18 17 10 26 12 88 99% 100 100% 101 99% 107 70 67% 62% 62% 95% 63% 63% 99% M a r. 101 M a r. 101 M a r. 102 M a r. 99% M a r. 108% M a r. 71% M ar. 67% M a r. 65% M a r. 96% 68% 68% 74% 104% 46% 93% 73 67% 92 102 102% 90 66 % J a n . 15 109 M a r. M a r. M ar. M a r. M a r. M ar. M ar. 100 % 100% 94% 104% 102% 99% 65% M a r. M a r. M a r. M a r. M a r. M a r. M a r. 100 99% 90% 100% 93 99% 64% Jan. M a r. Jan. Jan. Jan. Jan. Jan. 100% 100% 94% 104% 102% 99% 66% Feb. Jan. M a r. F eb . M a r. F eb . Jan. 5 23 30 25 3 11 8 Sale Sale Sale Sale 92 94% 116% 107% 109% 91% M a r. M a r. M a r. M a r. M a r. 95% 116% 107% 110% 92% M a r. M a r. M a r. M a r. M a r. Sale Sale 80 15 Sale 100 100% 93 72 14 86% 98% M a r. M a r. M a r. M a r. M a r. M a r. 101 % 94% 72 15% 86% 99% M a r. M a r. M a r. M a r. M a r. M a r. 94% 115% 106% 109% 91% 91% 100% M a r. Jan. Jan. Jan. F eb . Jan. Jan. Jan. M ar. Jan. Jan. M a r. 95% 116% 107% 111 92% 91% 102% 95% 76 16 86% 101 M a r. Feb. F eb . Feb. F eb . Jan . Feb. Feb. Jan. Jan . M a r. Jan. 13 15 16 5 17 3 13 13 19 30 31 10 80 89% 88 99% 96 99% 99% 92% 86% 67% 91% 81% 81 80% 62 86% 88 78% 79 83 81 103% 102 109% 88% 70 77% 70% 71% 79 Jan. Jan. M a r. Jan. Jan . Jan . Jan. Jan. Jan . Jan . M a r. Jan. Jan. Jan. F eb . Jan. Jan. Jan. Jan. Jan . Feb. Jan. Jan. Jan. Feb. Feb. Jan. F eb. Jan. J a n . 27 83% 90% 88 100 % 98% 1U0 99% 92% 89 73% 92% 83% 82% 83 62 87% 92% 83% 79 85 82 106 103% 111% 88% 70% M a r. Feb. M a r. Feb. M a r. Jan. Jan. Jan . Feb. Jan. M a r. M a r. F eb . M a r. F eb. Jan. M a r. M a r. Jan . Feb. M a r. M ar. Jan. M a r. Feb. Feb. 80% M a r. 72% N ov. 72 Jan . 82 Jan. 5 11 19 11 11 20 16 13 14 30 18 23 3 10 11 21 14 11 23 7 20 28 2 28 4 25 20 14 5 14 61% 72 87% 89% Sale 83 Sale 72 81% 82 89% 97% Sale M a r. 26 98% M a r. 11 87 71% 91% 83% M a r. M a r. M a r. M a r. 83 M a r. 10 83 24 12 6 31 88% 72% 92% 83% M a r. M a r. M a r. M a r. 4 2 18 23 M a r. 10 87 M a r. 4 87% M a r. 10 89% M a r. 31 92% M a r. 14 81% M a r. 20 83% M a r. 11 25 20 4 16 6 80 M a r . 14 72% M a r . 14 84% 82 106 103% 111% M a r. M a r. M a r. M a r. M a r. 3 20 28 23 28 80% M a r . 2 0 72% M a r . 14 80% M a r. 2 81% M a r. 24 86% M a r. 18 88 M a r. 19 97% M a r. 18 98% M a r. 88% 100% 100 100% Sale 103 69% Sale 79 Sale 58 Sale 59% 59% 21% 21 88 92% 72 12 % 86 98% 97 83% M a r. 82 M a r. Sale 104% M a r. Sale 102 M a r. 111% 110% M a r. S ale 24 28 27 24 31 3 81% M a r. 17 83% M a r. 5 90 M a r. 2 90% M a r. 27 88 M a r. 19 88 M a r. 19 84% Sale 87% 100% 81% 100 103 83% 98% 71% 88% 84% 84% 84% 82 100% 99% 95% 79 76% 98% 96 94% 102 96% 94% 80 5 10 3 6 19 13 M a r. Jan. Jan . Jan. M a r. Jan. F eb. Jan. M a r. 100% 100% 99% Sale 91% Sale 103% 94% 93% 100% 99% 65% 64% 99% 96% 98% 100% 100% 94 96 87% Sale 72 Sale 91% 83% Sale 83 105 102% 110% 89% 71% 80% 72% 71% 81 78% 86% M a r. M a r. M a r. M a r. M a r. M a r. 55 39% 93% 73 65% 91% 102 100% 83% 100 98% 92% 93 102% 64% 89% 104% 92% M a r. 30 108 81% 82% 90 Sale 91 90 100% 100 100% 100 Sale 104% Sale 70% 79 Sale 60 Sale 58% 20% Sale 87% 87% 100 84 82 M 89 100 M 100% 100% 102 % 103% Sale 84% Sale Sale 100 99 70 % 71% Sale Sale 89% Sale Sale 84% Sale 84% 84% 82 101M 100% 100% 99% 100 96 M 95% Sale 79% 79 M 78 77 76% 78 98 M 98% Sale Sale Sale 97 98 % 91% 98% 102% Sale 101 100 96% 97 Sale 94% 96% 80 80% Sale 79 M 88 M 89% 89% Sale 99% Sale 99 % 1 0 2 % ------87 M Sale Sale ____ Sale 67 M 91% Lowest. 90 99% M a r. 99 M lOO M a r. 100 100% M a r. 100M 101M 102% 101% M ar. 99 % 99% M a r. 108 M 108 M 108% M a r. 70% M a r. 70M Sale 67% M a r. 62% M a r. 62 M Sale 63 95% Sale 95% M a r. 64% Sale 63% M a r. 63% Sale 63% M a r. 70% 72 71 M ar. 104 103% M a r. 105 84% 84% 99% 99 99% 98% M a r. 92% 93% 92% M a r. 93% Sale 93 M a r. 110% Sale 110% M a r. 71% Sale 67 M a r. 89% 90% 89% M a r. 104% 94% 94% 108% Sale 108% M a r. 31 E a s t R y M N o D iv 1st g 4 s __ 1948 A O E a s t T e n n re o rg lien g 5 s_____1938 M S E a s t T e n n Va & G a d iv 5 s____1930 J J C o n s 1st gold 5 s___________ 1956 M N E lg in Jo l & E a s t 1st g 5 s______ 1941 M N E l P aso & S W 1st & re f 5 s____1965 A O E rie 1st con ex ten d ed a t 7% to 1930 M S E rie 1st con & p rio r 4 s________ 1996 J J R e g iste re d ______________________ J J 1st consol gen lien g 4 s_____1996 J J R eg iste re d ____________________J J P e n n coll tr u s t g 4 s __________1951 50_yr co n v g 4s Ser A ______ 1953 A O Do do Ser B ............. 1953 A O G en co n v 4s Series D ________ 1953 E rie & Jerse y 1st s f 6s__________1955 E rie & P gen gu g 3 % s B ______ 1940 J J Series C .......................................... 1940 F la C e n t & P e n e x t g 5s______ 1930 J J C onsol gold 5 s_______________ 1943 F la E a s t C o ast 1st 4 % s 1959 1 st & re f 5s ser A ____________1974 F la W este rn & N o r 1st 7 s--------1934 M N F o n d a J o h n st & G lov 4 % s --------1952 F o r t S t U D Co 1st g 4 % s -------- 1941 F t W o rth & D e n v er C ity 5%s_1961 J D F t W & R io G r 1st g 4 s . ............... 1928 F rom E lk & M o V 1st 6 s...........1933 A O 107.000 FA 95 M 120.000 65 239.000 65 348.000 AO 73 % J35,000 J 102 M 84 84 JJ 100 4.000 JJ 98 % J34.000 D 92 M 311.000 MS 93 % 596.000 103 387.000 MN 64 J J1.000 89 104 M JJ 92 M 7.000 108 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2. A sk . Bid. Sale Sale Sale 75 70% Sale [V ol. 120. M a r. M a r. 90 100 M a r. M a r. M a r. M a r. M ar. M ar. M a r. M ar. 104% 75% 80 62% 60 24% M a r. M a r. M a r. M a r. M a r. M a r. 86% M a r. 18 88 3 M a r. 6 Jan. Jan. Jan. M a r. Jan. Jan. M a r. Jan. Jan. Jan . 100 99% 94% 95% 115% 73 89% 104% 96% 109 Jan. Feb. M a r. Feb. Feb. M a r. M a r. Jan. Jan. M a r. 15 4 4 11 9 9 26 31 30 30 86% M a r. 18 87 87 F e b . 10 87 96% J a n . 9 99 87% 100 100 100% 68 76% 57 59% 19% J a n . 3 90 J a n . 6 101 F e b . 2 100% J a n . 5 104% J a n . 2 78 J a n . 2 80 J a n . 5 65 M a r. 6 60 J a n . 23 26% 86% M a r. 18 88 Jan. 3 F e b . 10 F e b . 20 M a r. Jan. Jan. M a r. F eb . F eb. Feb. M a r. F eb . 20 16 3 9 2 27 6 6 26 F eb. 20 84% 81% 100% 100 103% 103 Sale 82% 99 Sale 71% Sale 88% 84 Sale 84% 84 M ar. M ar. M ar. M a r. M a r. M a r. M ar. M ar. M a r. 84 100% 103% 84% 99 72 89% 85% 85% M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. Jan. Jan. Jan. Jan. Jan. Jan. M a r. Ja n . Feb. 82 100% 103% 85 99% 72 91 85% 85% F eb . Feb. Jan . F eb . F eb . Feb. Jan . Jan . M a r. 19 24 3 26 25 14 7 31 26 100% 99% 95% 78% M a r. M a r. M a r. M a r. 100% 100 95% 79 Sale Sale 98 M a r. 95% M ar. 98% 97 Sale Sale 101% M a r. 96 M a r. 102% 97% M a r. 100% J a n . M a r. 99% J a n . M a r. 5 95% F eb. M a r. 31 78% J a n . 76% J a n . M a r. 2 97% Feb. M a r. 2 95% J a n . 95% J a n . M a r. 10 100% J a n . M a r. 13 96% J a n . 93 Jan. M a r. 16 79 Jan. 78% J a n . M a r. 17 88 Jan. M a r. 27 98% J a n . M a r. 3 101% J a n . 100% 100 96% 79% 76% 98% 97% 95% 102 % 97% 9o 81 78% 90% 100% 102% Jan. M a r. Feb. Jan. Jan. Feb. Feb. Jan. Feb. M a r. Jan. Jan . Jan . Feb. M a r. M a r. 3 4 11 5 10 21 20 23 24 13 13 15 6 11 27 3 Sale 95% Sale 80 M a r. 2 80% 88% 89% 89% M a r. 99% M ar. 100 Sale 101% ___ 101% M ar. 90 100% 102% 80 99% 102% 80% 98 70% 88% 84 84 A pril, 1925.] BONDS BONDS—STOCK EXCHANGE RECORD 17 R A N G E S IN C E J A N . 1. N. Y . S T O C K E X C H A N G E . Lehigh A N Y 1st gu g 4 s__ 1945 Lex & E a s t 1st gu 5 s________ 1965 L ittle M iam i gen 4s ser A ____1962 Long D ock cons gold 6 s_____1935 Long Is l 1st cons g 5 s____J u ly 1931 lBt cons gold 4 s______ J u ly 1931 G en gold 4 s________________ 1938 G old 4 s..........................................1932 U nified gold 4 s_____________ 1949 D eb gold 5 s__________ 1934 20-year d eb 5 s______________ 1937 G u a r re f gold 4 s____________1949 N Sh B ch 1st cons gu 5 s__ O ct ’32 L ouisiana & A rk 1st 5 s_______ 1927 L ou & J e ff B ridge gu g 4 s_____1945 Louisv & N ash v gold 5 s______ 1937 U nified gold 4 s_____________ 1940 R e g iste re d _______________ 1940 O oll tr u s t gold 5 s___________1931 10-year secured 7 s___________1930 1st & re f 53^s series A ______ 2003 1st & re f 5s series B ________ 2003 1st & re f 4 H s series O ______ 2003 N O & M obile 1st g 6 s______ 1930 2d gold 6 s________________ 1930 P a d u c ah & M em D lv 4 s____1946 S t Louis D iv 2d gold 3 s_____ 1980 L & N M o b & M 1st g 4 J ^ s __ 1945 L & N -Sou M o n jo in t 4 s______ 1952 R eg istered__________ J u ly 1952 Louis C in & Lex g 43^s_______ 1931 M ah o n C o al R R 1st 5s_______ 1934 M an ila R R S o u th lines 4 s____1939 1959 1st 4 s---------------M an !to S W Coloniz g 5s_____ 1934 M an G B & N W 1st gu 3 j'$ s ..l9 4 1 M ichigan C en tra l 5 s__________ 1931 R e g iste re d _______________ 1931 4s --------------------1940 J a c k L & S gold 3>$s_______ 1951 1st gold 3 J ^ s _______________ 1952 20-year d e b en tu re 4 s_______ 1929 M id la n d o f N J 1st ex t 5s_____ 1940 M L S & W est e x t s f 5 s______1929 Ash la n d D iv 1st g 6 s_______ 1925 M il & N o r 1st ex t 4>^s (b lu e ). 1934 C ons e x t 4M s (b ro w n )______ 1934 M il S p a r & N W 1st gu 4 s___ 1947 M ilw & S L 1st gu 3 J ^ s _______ 1941 M inn & S t L 1st gold 7 s . ..........1927 1st cons gold 5 s_____________ 1934 1st & re fu n d gold 4 s . . . ...........1949 R ef & e x t 5s series A _______ 1962 1st g u a r g 7 s----------------------- 1927 M S t P & S S M 4s s tp d ______ 1938 1st cons 5 s_________________ 1938 10-yr coll t r g 6 J4 s_________ 1931 1st & re f 6s series A ________ 1946 25-year g 5 J ^ s ______________ 1949 M S t P & S S M & C e n t T e rm 1st C hic T e rm s f 4 s______ 1941 M S S M & A tl 4s s tp d _____ 1926 M ississippi C en t 1st 5 s_______ 1949 M o K an & Tex 1st g 4 s_______ 1990 M issouri-K ansas-T exas R R — P rio r lien 5s series A ________ 1962 40-year 4s series B ___________1962 10-year 6s series C ___________1932 C u m a d ju st 5s series A __ J a n l9 6 7 M issouri Pacific R R Co— 1st & re fu n d 5s series A _____ 1965 1st & re fu n d 5s series C _____ 1926 1st & re fu n d 6s series D ____1949 G en eral 4 s_________________ 1975 M o P acific 3d 7s ex t a t 4 % __ 1938 M obile & B irm p rio r lien g 5 s . .1945 M o rtg ag e gold 4 s___________1945 M obile & Ohio 1st g 6s_______ 1927 1st exten sio n g 6 s______ J u ly 1927 G en eral gold 4 s _____________ 1938 M o n tg o m ery D iv 1st g 5 s__ 1947 S t L ouis D ivision 5 s________ 1927 M o h aw k & M a i 1st gu g 4 s__ 1991 M o n t C e n t 1st gu g 6 s_______ 1937 1st g u a r gold 5s_____________ 1937 M orris & Essex 1st gu 3>$s___ 2000 N ash v ille C h a t & S t L 1st 5 s . . 1928 N a sh F la & Sheff 1st gu g 5 s . . 1937 N a tio n a l R y o f M exico— P rio r lien 50-year s f 4 H s __ 1957 J a n u a ry 1914 c o u p o n o n ______ J u ly 1914 coupon o n _________ J u ly 1914 cou p o n o ff_________ A ssenting s f re d J u n e c o u p o n .. G u a r 7 0-year s f 4 s _________ 1977 A p ril 1914 coupon o n _____ A p ril 1914 coupon o ff_____ G en s f 4s a sse n t re d e em ab le __ N a t R R M ex p r lien g 43^s__ 1926 J a n u a ry 1914 cou p o n o n . J u ly 1914 coupon o n ____ J u ly 1914 coupon o ff__________ A ssenting w ith J u ly ’24 c o u p . F ir s t cons gold 4 s___________1951 A p ril 1914 coupon o n _________ A p ril 1914 coupon o ff________ A ssenting w ith A pr 1924 c o u p . N a u g a tu c k R R 4 s_____________1954 N ew E n g la n d R R cons 5 s_____ 1945 C ons 4 s_____________________1945 N J J u n e R gu 1st 4 s_________ 1986 N O & N E a s t re f 4 H s A _____ 1952 N ew O rleans T e rm 1st 4 s_____ 1953 N O T ex & M ex 1st 6s series A . 1925 N o n -cu m incom e 5s series A . 1935 F ir s t 5s series B ____________1954 F ir s t 5 j^ s series A _________ 1954 N p t & C in B gen gu g 43^s____1945 N Y & B k ly n & M B cons g 5 s . 1935 N Y C e n t R R co n v deb 6s____ 1935 R e g is te re d _______________ C onsol 4s series A ___________1998 R ef & im p t 4>£s series A ____ 2013 R ef & im p t 5s series O ______ 2013 R e g is te re d _____________ N Y O & H R g m tg e 3>*s____ 1997 R e g is te re d _______________ 1997 D e b en tu re gold 4 s_________ 1934 R e g is te re d _____________ 30-year deb 4s o f 1912_____ 1942 R e g is te re d ___________________ L ak e Shore coll g 3>£s______ 1998 R e g is te re d _______________ 1998 Feb. F eb . Jan . M a r. M a r. F eb . F eb . Jan . Jan. Jan. Jan. F eb . F eb . M a r. Jan. M a r. M a r. Jan. Jan. Feb. M a r. M a r. 11 5 5 31 9 6 9 28 7 29 13 6 24 6 12 31 3 6 14 10 23 25 18 . [V ol. 120 BONDS—STOCK EXCHANGE RECOKD Sales in M arch. Par Value. BONDS N. Y. S V O C K E X C H A N G E . N Y C en t & H u d R iv e r (Concl)— M ich C en t coll g 314s______ 1998 F A R eg iste re d _______________ 1998 F A N Y C hic & S t L ouis 1st g 4 s ___ 1937 A O A O R eg iste re d _____ ■________ 25-year d e b e n tu re 4 s_______ 1931 M N 2d & im p t 6 s A B & O ______ 1931 M N R efu n d in g 5 M s Series A ____ 1974 A O N Y C o n n ectin g 1st gu 4 M s A . 1953 F A N Y & E rie 1st ex t g 4 s _______ 1947 M N 3d e x t gold 434s____________ 1923 M S 4 th e x t gold 5 s______________ 1930 A O 5 th e x t gold 4 s______________ 1928 J D N Y & G reenw L g u a r g 5 s____ 1947 M N N Y & H a rle m g 334 s _________ 2000 M N R eg iste re d __________________2000' M N N Y L ack & W est 1st 5s A ____ 1973 M N 1st & re f g u a r 4 M s Ser B ____ 1973 M N N Y L ak e E rie & W est e x t 7s__1930i M S D ock & im p t e x t 5 s________ 1943 J J N Y & Jerse y 1st 5 s___________1932 F A N Y & Long B ra n ch gen 4 s___1941 M S N Y N ew H av en & H a rtfo rd — N o n-conv d e b en tu re 4 s _____ 1947 M S N o n-conv d e b en tu re 3 M s___ 1947 A O N on-conv deben 3 )4 s _______ 1954 A O N on-conv d e b en tu re 4 s ____ 1955 J J N o n-conv d e b en tu re 4 s_____ 1956 M N C o n v ertib le d e b en tu re 3)4s-_ 1 9 5 6 J J C o n v ertib le d e b en tu re 6 s ____ 1948 J J R eg iste re d ______________ J J 7s E u ro p ean loan d o lla rs____ 1925 A O 7s E u ro p ea n lo an fra n c s ____ 1925 A O D eb en tu re 4 s_______________ 1957 M N C o n so lid ated R y n on-conv 4s 1930 F A N on-conv d e b en tu rs 4 s___ 1954 J N o n-conv d e b en tu re 4 s___ 1955 J N on-conv d e b en tu re 4 s__ 1955 A N on-conv d e b en tu re 4 s___ 1956 J N Y & N o rth e rn 1st g 5 s_____ 1927 A N Y O n t & W est 1st g 4s_ J u n e 1992 M S Reg $5,000 o n ly ______ J u n e 1992 M S G eneral 4 s-------------------------- 1955 J D N Y P ro v & B oston gen 4 s____1942 A O N Y & P u tn a m 1st con gu g 4s_1998 A O N Y & R ockaw ay B ch 1st g 5 s . 1927 M S N Y Susq & W est 1st re f g 5 s . .1937 J J Second gold 4 M s ____________1937 F A G eneral gold 5 s_____________ 1940 F A T erm in al 1st gold 5 s________ 1943 M N N Y W estches & B os 1st 434S--1946 J J N o rd R y s s f 6 ^ s in t re c ts ____ 1950 A O N orfolk S o u th 1st & re f 5s A . .1961 F A N orfolk & S o u th 1st g 5s______ 1941 M N N orfolk & W estern gen g 6 s__ 1931 M N Im p ro v em en t & ex t g 6 s____1934 F A N ew R iv er 1st gold 6 s______ 1932 A O N o rf & W est R y 1st con g 4 s . 1996 A O R eg iste re d _______________ 1996 A O D iv 1st & gen g 4 s----------- 1944 J J 10-year co n v ertib le 6 s____ 1929 M S P o cah o n tas C & C jo in t 4 s . 1941 J D N o rth C en t gen & re f 5s A ____ 1974 M S N o rth e rn Ohio 1st gu g 5 s_____ 1945 A O N o rth e rn P acific p rio r lien 4 s . . 1997 Q J R eg iste re d __________________1997 Q F G en lien ry & liq 3 s____J a n 2047 Q F R eg iste re d ___________J a n 2047 R ef & im p t 4 M s Series A __ 2047 J R e g iste re d ___________________ R ef & im p t 6s Series B _____ 2047 R eg iste re d ___________________ R ef & im p t 5s Series C _____ 2047 R ef & im p t 5s Series D _____ 2047 S t P a u l & D u lu th 1st 5 s____ 1931 1st consol gold 4 s________ 1968 N o rth P a c T erm in al 1st 6 s____ 1933 N o rth e rn R y o f C alif gu 5s____ 1938 N o rth W isconsin 1st 6 s_______ 1930 O gden & L ak e C h 1st gu g 4 s . . 1948 Ohio C onnecting R y 1st 4 s ____ 1943 Ohio In d & W 1st p re f 5 s ..A p r 1938 Ohio R iv er R R 1st g 5 s_______ 1936 G eneral gold 5s_____________ 1937 Oregon & C alif 1st gu g 5 s_____ 1927 Oregon R R & N a v con g 4 s ____ 1946 Oregon S h o rt L ine 1st con g 5 s . 1946 G u aran teed con 5 s_________ 1946 G u ar refu n d in g gold 4 s_____ 1929 O regon-W ash 1st & re f 4 s ..! ___1961 J J M S u A J J J J J J O J D J J D J P acific C o ast Co 1st g 5 s______ 1946 J D P acific R R o f M o 1st ex t 4 s__ 1938 F A 2d e x ten d ed gold 5 s________ 1938 J J P a d u c ah & Illinois 1st s f 43 4 s--1 9 5 5 J J Paris-L y o n s-M ed R R 6 s______ 1958 F A Sink fu n d ex tl 7s in te r r e c t s . . 1958 M S P aris-O rlean s R R s f 7s_______ 1954 M S P a u lis ta R y 1st & re f 7 s______ 1942 M S P e n n R R consol gold 4 s_______ 1943 M N C onsol gold 4 s______________ 1948 M N S tam p ed dollar b o n d s____1948 M N C onsol 434s issue o f 1915___1960 F A G eneral 4 M s Series A _______ 1965 J D G eneral 5s Series B _________ 1968 J D 10-year secured 7 s_________ 1930 A O 15-year secured 6 M s _______ 1936 F A 40-year 5s te m p ____________1964 M N P en n sy lv an ia C o G u ar 334s coll t r reg c tfs __ 1937 M S G u a r 3 M s coll t r ctfs B _____1941 F A G u a r g 3 M s t r ctfs Series C .. 1 9 4 2 J D G u a r g 3 Ms t r ctfs Series D ..1 9 9 4 J D G u a r gold 15-25-year 4 s ___ 1931 A O 4 0-year g u a r t r ctfs 4s Ser E .1 9 5 2 M N P eo ria & E a s t 1st cons 4 s_____1940 A O Incom e 4 s__________________ 1990 A p r P eo ria & P e k in U n 1st 5 ^ s A . .1974 A O P ere M a rq 1 st 5s Series A _____1956 J J 1st 4s Series B ______________ 195(5 J J P h ila B a lt & W ash 1st g 4 s ____1943 M N G eneral 5s Series B _________ 1974 F A P h ilip p in e R y 1st 30-yr s f 4 s _1937 J J P in e C reek reg istered gu 6 s------1932 J D P C C & S t L gu g434® Series A . 1940 A O C on 4 M s Series B g u a r_____ 1942 A O C on 4 M s Series O g u a r_____ 1942 M N C on 4s Series D g u a r_______ 1945 M N C on 3 M s Series E g u a r g___ 1949 F A C on 4s Series F g u a r g ______ 1953 J D C o n 4s Series G g u a r_______ 1957iM N C on 4s Series H g u a r_______ 1960 F A C on 4 M s Series I g u a r______ 1963 F A C on 4 M s Series J g u a r _____ 1964 M N 14,000 22,000 20,000 77.000 584,000 55.000 1,000 6,000 3~666 Price Ja n . 2 1925. Bid. 75 M 73 M 90 M 88 54 93 10214 94 90 89 9154 99 M 97 X 92 7814 9.000 1.000 5514 5414 4,000 54 M 6714 6714 6414 63 85 M 8114 9914 67 59 61M 92 61M 82 M 7154 9154 10714 10714 10614 8814 89,000 4,000 8,000 33.000 1,000 21.000 649.000 418.000 75,000 8,000 3,000 10,000 116,000 10454 ____ 106 9954 ____ 100 100 Sale 9914 9 0 1 4 ------- 9054 6754 60 64 " 64 5854 91 85 100 10014 6014 63 60 _____ 6414 60 Sale 90 Sale Sale Sale 67 5814 56 51 62 5514 8814 85 9954 9914 54 M A sk . Sale Prices. Sale Prices. M a r. 13 7 7 54 M a r. 28 7714 76 80 Sale 9134 M a r. 5 9214 M ar. 16 9454 9354 M a r. Sale 10254 M a r. Sale 9454 M a r. Sale 9114 M a r. 92 89 M a r. 99 8014 6254 10014 6814 6414 65 8614 8214 82 100 Sale 75M 62 63 Sale 6354 94 93 Sale 6814 Sale 82 Sale 72 96 10814 10654 108 10654 Sale 8914 68 Sale 6514 65 Sale 7514 Sale 83 Sale 101 66 9714 Sale Sale 7214 10814 8914 63 10014 66 6314 6354 8654 84 100 70 5914 6014 9314 63 8014 7214 9634 10614 10754 10734 8934 Sale 7534 Sale 101 Sale 6334 61 M a r. M ar. 63 54 M a r. 31 65 83 32.000 634.000 823.000 378.000 55.000 7.000 44.000 1.000 124.000 520.000 221.000 191.000 347.000 957.000 9,000 1,000 50.000 14.000 22.000 31.000 19.000 228,000 148.000 19.000 39.000 30.000 1,000 9.000 14.000 2.000 3,000 2,000 2,000 96 Sale Sale Sale 98 Sale Sale Sale Sale Sale Sale Sale 9814 Sale no 8514 84 84 M a r. M a r. M ar. M a r. M ar. 10834 10614 M ar. 9014 8914 M a r. 107 94 Sale 9 0 1 4 -----9954 -----9354 95 77 Sale 86 Sale 8554 Sale 9714 98 9 1 5 4 -----9114 93 9154 93 9914 Sale 9414 Sale 10314 Sale 10914 Sale 11014 Sale 98 Sale 8554 Sale 83 82 84 82 9414 9534 8554 Sale 78 7854 3434 Sale 9254 Sale M a r. 2 M a r. 27 69 8214 73 9614 10754 M a r. M a r. M a r. M ar. M ar. 108 M ar. 9114 M ar. 8914 134 9154 102 94 8554 8354 6154 60 87 68 6014 60 65 6554 5934 92 90 10014 10034 6014 Feb. Feb. Feb. Feb. Feb. Feb. Feb. Feb. Feb. F eb . Feb. 25 27 26 24 28 25 25 25 18 26 24 55 62 6154 62 100 65 J a n . 8 64 F e b . 9 65 J a n . 6 6154 J a n . 10 64 J a n . 18 100 F e b . 24 6954 Feb. Feb. Jan. M a r. Jan. F eb . 27 27 9 13 18 7 6334 8634 8214 100 6614 6114 60 93 5914 8034 7054 9454 10654 Jan. Jan. Jan . F eb. Jan. Jan. M ar. Feb. Jan. M a r. Jan. M a r. Jan. 66 94 7014 8434 7354 9634 10754 F eb. F eb . M a r. F eb . F eb . F eb . F eb . Jan. Feb. Jan. Feb. M a r. M a r. 21 18 27 26 11 19 20 24 24 13 5 14 24 106 88 F eb. Jan. Jan. Jan. F eb. Jan. Jan. Jan. M a r. Jan. Jan. F eb. Jan . Feb. Jan . M a r. 108 9114 M a r. Jan. 86 9014 J a n . M a r. 134 9314 F eb . 10254 F e b . M a r. 94 8614 F e b . 8434 J a n . Feb. 62 M a r. 60 8734 J a n . 8554 F e b . 10814 F e b . 20 16 30 3 19 4 28 19 20 22 13 19 21 18 11 96 Jan. 9554 J a n . M a r. 27 72 M a r. 27 M ar. M ar. M ar. M ar. M a r. M ar. M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 9014 M ar. 9054 M ar. 83 8234 94 54 8554 78 32 100 9834 82 54 9214 104 40 10534 9634 97 9654 9614 9654 9614 91 96 J a n . 20 J a n . 19 M a r. 13 M a r. 6 8814 127 91 10134 8434 84 8314 6034 5954 8514 8554 M a r. 14 10834 M ar. 12 10634 9954 100 101 8954 10534 105 9714 83 6914 8614 85 100 76 68 9714 F e b . 24 98 M a r. 7 94 M a r. 2 9054 M a r. 30 M a r. 2 8314 M a r. 20 M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M a r. 9554 M a r. 9414 M ar. 7134 J a n . 22 7254 F e b . 19 19 9834 J a n . 5 J a n . 30 9 99 3 10054 J a n . 2 11 8814 J a n . 6 21 10354 J a n . 29 7 10354 J a n . 29 13 9654 J a n . 2 2 8154 Ja n . 29 M ar. 9 9514 M a r. 27 9814 95 Sale 7314 M ar. 31 7754 M a r. 3 83 M ar. 30 8614 M a r. § Sale 83 M ar. Sale 8614 M a r. 13 M a r. 11 99 97 M ar. Sale 9214 M a r. 6 9254 9214 M ar. M a r. 7 93 Sale 9154 M ar. M a r. 28 93 M ar. 9414 93 M a r. 4 99 M ar. Sale M a r. 18 95 §4 M ar. Sale Sale 10234 M ar. 10314 M a r. 2 10914 M a r. 2 Sale 10854 M ar. Sale 11054 M ar. 11114 M a r. 19 98 M a r. 2 Sale 9714 M ar. 85 84 82 5_ 9554 8634 78 3454 9914 Sale Sale 100 Sale Sale 10054 10734 99 34 10054 86 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 19 19 22 5 10914 J a n . 21 10914 J a n . 14 F e b . 21 10314 M a r. 27 10314 M ar. 27 10314 M ar. 27 102 10434 M ar. 20 10434 M a r. 20 10434 M a r. 20 10414 M a r. 20 no 9014 9014 9014 9514 75 83 54 83 98 92 92 92 9954 94 10254 10854 11054 6 85 9714 M a r. 16 9714 M ar. M ar. 97 M a r. 3 98 7254 8454 83 82 82 9534 “9514 Sale 8514 7734 7814 Sale 3154 99 99 9814 Sale 9814 Sale 82 Sale 8254 8334 8254 9214 100 9254 9254 100 103 10314 104J4 Sale 10454 40 43 34 Sale 10534 10514 9614 Sale 9554 9614 9614 Sale 9614 9434 9114 9054 9114 9054 9054 9134 9114 9054 9134 9054 9454 9614 9514 94 M 9514 9414 8454 83 82 82 9454 85 7614 3514 M a r. M ar. 70 M a r. 31 75 6434 M a r. 5 6434 M a r. 60 M a r. 20 6554 M ar. 7154 7334 72 9054 _____ 8714 1,000 100 9954 9954 102 100 1,000 98 ___ 9854 9854 100 Sale 10054 Sale 10014 180,000 10054 Sale 101 110,000 8814 8814 8814 89 Sale 8854 12,000 104 Sale 10454 10554 10454 10454 26,000 105 Sale 10454 10554 10554 106 213.000 9654 Sale 9614 Sale 9654 9654 Sale 278.000 82 Sale 82 Sale Sale 83 8114 82 9014 M ar. 31 24 10 27 14 11 3 3 6 3 2 2 M a r. M ar. 69 66 6234 8034 7154 9454 10734 10754 Sale M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 6334 M a r. 4 64 Sale Sale Sale 97 Sale 1 0 0 1 4 ____ 8454 87 10954 ____ 10054 ____ 10434 ------ 80 8954 9814 9354 7914 8754 88 9754 9114 9114 9014 9854 9314 10114 10854 67 60 5854 65 6514 5854 9114 8814 10014 10034 6034 M a r. M ar. M a r. M ar. M ar. M a r. M a r. M a r. M ar. M a r. M a r. Sale 8814 Sale 8854 M a r. 130 12514 129 12754 M ar. 9134 M a r. Sale 9114 Sale 102 10114 102 101 34 M a r. 8714 86 8654 8754 M ar. 84 M a r. Sale 84 M Sale 83 8354 8354 M ar. Sale 6134 Sale 6034 M a r. 60 M a r. 5954 60 Sale 86 87 8514 M a r. no M a r. 14 9934 M a r. 21 92 J a n . 7 9234 F e b . 26 7514 F e b . 16 7834 F e b . 3 Jan. Ja n . Ja n . Jan. Jan . M a r. Jan. Jan. Jan . Jan. Jan. 107 7114 9054 87 99 61 5554 5554 60 60 5534 87 8334 97 §6 54 9714 Sale 9714 Sale 1 0 0 1 4 ____ 8 4 1 4 -----1 0 9 1 4 ____ 10254 ____ 104 ------ 76.000 25.000 M a r. 14 9914 M a r. 21 §214 M ar.‘ 16 9214 "M ar ."16 6714 67 Sale 5814 5654 56 64 63 Sale 62 Sale 5514 88 Sale 88 90 10014 9934 100 9914 54 Sale 10754 Sale 7314 91 J a n . 6 9214 F e b . 17 J a n . 19 89 J a n . 19 89 M a r. 30 9214 J a n . 9 9634 M a r. 30 M a r. 19 10214 J a n . 2 10414 M a r. 19 M a r. 2 9314 J a n . 2 95 34 F e b . 13 J a n . 2 9214 F e b . 16 M a r. 7 90 M a r. 12 M a r. 12 89 M a r. 12 89 Jan. M a r. Jan. F eb. 93,000 149,000 95 9614 ____ 9614 10014 8014 --10914 10954 3.000 10014 . . . 2.000 Sale Prices. Sale Prices. 75 J a n . 6 77 54 M a r. 28 10014 _____ 106 M a r. 19 106 M a r. 19 106 _____ 9934 M a r. 13 9914 M a r. 13 9954 M a r. 2 10054 M a r. 6 9954 10054 100 _____ 357,000 10654 Sale 7054 9054 8554 9634 10434 9514 9234 89 6334 M a r. 27 64 M a r. 4 131.000 8914 91 8814 915.000 13114 Sale 129 24.000 9014 91 9154 3.000 101 10254 10114 9.000 8714 8714 87 275.000 8414 Sale 85 2.000 8314 Sale 163.000 6054 Sale 6154 4,000 56.000 8514 Sale 87 1,000 11 6 28 4 12 H ighest. Lowest. H ighest. M arch. 31 A sk . Bid. A sk . B id. 76)4 76 76M 7554 74 80 7314 80 92 91M 9214 92 89 89 Sale 9314 93 M 94 Sale 10214 Sale 103 Sale 9414 9514 Sale Sale 9114 9114 93 89 89 92 92 93 9154 99 99 9554 9714 91 9254 9114 7914 7914 8314 79 7854 7854 1,000 10314 109 5,000 9 9 1 4 ___ 38,000 9914 101 8 9 1 4 -----5.000 6114 Sale 14.000 56 Sale 35.000 5614 Sale 9.000 5914 6114 66.000 60 Sale 147.000 86 Sale 343.000 87 Sale 28,000 190.000 97 Sale 223.000 96 Sale 99,000 5414 Sale R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . M arch 2. 82 9014 9814 94)4 7334 83 83 97 9114 8614 9034 9834 93 101)4 108 10954 9714 83 19 82 27 9414 7 85 10 78 3 32 13 100 17 9754 17 8154 16 9214 14 104 4 40 14 10534 19 96 2 96 30 96)4 5 8954 9034 8554 90)4 91 9634 M a r. 3 95 9454 M a r. 20 9414 8214 9554 8614 79 35 10054 9934 8314 9214 10554 4334 10534 9834 9614 9614 9134 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. Jan. 6 J a n . 28 Jan. 5 J a n . 21 M ar 31 M ar 30 M a r. 30 Jan. 7 F e b . 25 F e b . 27 Jan. 2 Jan. 5 Jan . 5 Jan . 2 Jan. 3 J a n . 16 M a r. 20 9954 100 10114 8954 10534 105 54 9714 83 M a r. M a r. Feb. M a r. M a r. Jan. Feb. Feb. 19 9 12 11 21 15 9 24 Feb. Jan . Jan. M a r. Jan. Jan. Jan. Jan. 100 Jan. 95 M a r. 93 M a r. 93 Jan. 100 Jan. 95 10354 F e b . Feb. 110 11134 M a r. 9814 J a n . 26 7 9 27 12 5 16 21 20 7 28 14 13 20 13 19 2 94 9854 9854 9514 8054 89 90 J a n . 24 8334 J a n . 29 Feb. Jan. Jan. Jan. M ar. M a r. Jan. Jan. M a r. Jan . M a r. M a r. Jan. Jan. M a r. Jan. Jan . Feb. F eb . Feb. Feb. M a r. BONDS N . Y. S T O C K E X C H A N G E . Sales in Price Value. || | March 2 . March 31. Lowest. j $ i Bid. A sk . Bid. A sk. Bid. 38,000 ;100 54 100 54 1005-s 10054 9854 2,665 j100 54 101 54 9954 101 104 10434 _ 102 10234 . 1.000 101 10134 10134 9854 10054 87 87 . . . 8954 10051! 101 86 1,000: 8654 34,000110054 10134 10054 101 1,000 5054 53 54 . . . 8154 8154 - - - - 100 54 ------- 9934 M a r. L0454 10254 _ 10054 _ . 10054 M a r. 98 ' 10154 8754 . 10054 . . . . 87 M a r. 88 " . 10054 Sale 10034 M a r 5254 . 57 M a r. 8 1 5 4 ____ 1997 J J R eading Co gen gold 4 s . . 1997 J J R eg iste re d ____________ C ertific a te s o f d ep o sit . 1997 Jerse y C e n tra l coll g 4 s_____ 1951 A O ____ J J G en & re f 434s____________ 1997 R ensselaer & S arato g a 6 s_____ 1941 !M N R ichm & D a n v d eb 5s sta m p e d 1927 A O R ichm & M eck len b u rg 1st 4 s__ 1948 M N R ichm ond T erm in al R y 1st 5 s. 1952 J J Rio G ran d e J u n e 1st gu g 5 s__ 1939 J D Rio G ran d e S o u th e rn 1st g 4 s . . 1940 J J G u a ra n te e d ________________ 1940 J J Rio G ran d e W este rn 1st g 4 s__ 1939 J J 1st con & coll t r u s t 4s series A 1949 A O R ock Is l’d A rk & Loui 1st 434 s . 1934 M S R u tla n d -C an a d a 1st gu g 4 s . . 1949 J J R u tla n d 1st cons g 4 J 4 s ______ 1941 J J 26,000 9454 93 88 88 9354 11054 10034 75 10034 9454 5 5 8454 73 54 8654 72 7554 St Jo s & G ra n d Is la n d 1st g 4 s . .1 947 S t L aw r & A d iro n d ack 1st g 5 s. 1996 2d gold 6 s__________________ 1996 St Louis & C airo gu g 4 s______ 1931 S t Louis Iro m M tn & S o u th — G en con ry & la n d g ra n t 5 s . . 1931 A U n if & re f gold 4 s___________1929 J R iv e r & G u lf D iv 1st g 4 s— 1933 M N S t Louis M e r B dge T e r gu g 5 s. 1930 A O S t Louis-San F ra n (Reorg Co)— P rio r lien 4s series A ________ 1950 P rio r lien 5s series B ________ 1950 P rio r lien 6s series O ________ 1928 P rio r lien 5 34 s series D _____ 1942 C u m ad j 6s series A ____J u ly 1955 In co m e 6s series A _____J u ly 1960 Oct S t L & San F r a n R y gen g 6 S ..1 9 3 1 G en eral gold 5 s_____________ 1931 S t L & S F R R cons g 4 s____1996 S o u th W est D iv g 5 s______ 1947 S t Louis Peoria & N W 1st gu 5s 1948 S t Louis S o u th e rn 1st gu g 4 s . .1931 M S S t Louis S o u th w est 1st g 4 s___ 1989 M N 2d gold 4s in co m e b o n d .N o v 1989 J C onsol gold 4 s______________ 1932 J 1st te rm in a l & u n if 5 s_______ 1952 J S t P a u l & K C Sh L 1st 434s- —1941 F S t P a u l E G ra n d T ru n k 4 ]^ s._ 1 9 4 7 J S t P a u l M in n & M a n cons 4 s . .1933 J 1st consol gold 6 s___________1933 J 6s re d u c ed to gold 434s_____ 1933 J R e g iste re d ___________________ J M o n ta n a E x t 1st gold 4 s____1937 J J R egistered P acific E x t sterlin g gu 4 s____ 1940 J S t P a u l U nion D e p o t 1st 5s____ 1973 J San A n t & A ran P ass 1st gu 4 s . 1943 J S a n ta F e P resc & P h en ix 1st 5S.1942 M S Sav F la & W est 1st g 6 s ______ 1934 A O 1sti pf 10^4- A O Scio Vail &~N"E~ 1st" g u 'g 4s 111119 8 9 M N S eaboard A ir Line g 4s________ 1950 A O S ta m p e d ___________________ 1950 A O F A A d ju stm e n t 5 s______________ O ct 1949 R efu n d in g g 4 s_____________1959 A O 1st & cons 6s series A _______ 1945 M S A tla n -B irm D iv 4 s___ M a y 1933 M S Seaboard & R oanoke 1st 5 s____ 1926 J J S o u th & N o r A la gu 5 s________ 1936 F G en cons gu 50-year 5 s_____ 1963 A S o u th e rn P acific Co— 4s g C e n tra l P a c co ll____ A ug 1949 J J R eg istered _________ M S C o n v ertib le 4 s_____________ IJune 1929 C o n v ertib le 5 s _____________ 1934 J D San F ran cisco T e rm 1 st 4 s___1950 A O R e g iste re d _______________ 1950 A O So P a c o f C alif 1st cons 5 s_____ 1937 M N S o u th P a c C o ast gu 4 s ________ 1937 J J S o u th P a c R R 1st r e f gu 4 s____ 1955 J J S o u th e rn R y q s t cons 5 s______ 1994 J J R eg iste re d __________________1994 J J D evel & gen 4s series A _____ 1956 A O D ev el & gen 6 s_____________ 1956 A O o D ev el & gen 634 s series A __ 1956 J M em p h is D iv 1st g 5s______ 1996 J S t Louis D iv 1st g 4 s_______ 1951 M obile & Ohio coll t r 4 s____1938 M S So C aro & G a 1st e x t 534s_____1929 M N S pokane I n te r n a t 1st g 5s_____ 1955 J J S ta te n Is la n d R y 1st 4 J4 s_____ 1943 J D S u n b u ry & Lewis 1st g 4 s______ 1936 J J Su p erio r S L 1st 5 s______ J u n e 1930 M S T e rm Assn o f S t L 1st g 4 J4 s__ 1939 A O F ir s t cons g 5s______________ 1944 F A G en re f s f gold 4 s__________ 1953 J J T ex as & N O cons g 5s________ 1943 J J T ex as & P acific 1st g 4 s---------- 20o0 J D Second gold incom e 5s______ 2000 M a r L o u isian a D iv B L 1st g 5s._1931 J J T ex P a c — M o P a c T e rm 5 34s_. 1964 M S T o led o & O hio C e n t 1st g 5s— 1935 J J W e ste rn D iv 1st g 5 s_______ 1935 G e n eral gold 5 s_____________1935 T o led o P eo ria & W est 1st 4 s— 1917 T ol S t L & W est p r lien 334s --1 9 2 5 F ifty -y e a r gold 4 s___________1950 T ol W V a & O hio 1st gu 434s A . 1931 1st g u a r 434 s series B _______ 1933 1st gu 4s series O ____________1942 M S T o r H a m & B u ff 1st 4 s________ 1946 J D U lste r & D elaw are 1st con g 5 s. 1928 J F ir s t re fu n d in g gold 4s______ 1952 A U nion P a c R R & la n d gr g 4 S ..1 9 4 7 J R e g iste re d __________________1947 J 20-year co n v 4 s_____________ 1927 J J R eg iste re d _________________ F irs t & re fu n d in g 4 s__ J u n e 2008 M S 1st lien & re f 5 s________ J u n e 2008 M S 10-year secured 6 s___________1928 J J U N J R R & C an al Co gen 4 s . .1944 M S U ta h & N o rth e rn gold 5 s______ 1926 J J 1st e x ten d ed 4 s --------------------1933 T J V an d alia consol g 4s A------------- 1955 F A C onsol 4s, series B __________1957 M N V era C ru z & P 1st gu g 434s— 1934 J J J J J u ly 1914 coupon o n __________ A ssenting 1st g 4148____— 1934 116,000 208,000 6,665 10,666 18,000 60,000 129,000 363,000 4,000 20,000 13,000 28,000 129,000 218,000 576,000 5,000 ,345,000 503,000 224,000 583,000 916,000 ,816,000 19,000 26,000 96,000 11,000 488,000 218 000 354,000 31,000 15,000 39,000 2,000 12,000 92,000 226,000 1,000 28,000 31,000 15,000 601,000 719,000 695,000 460,000 8,000 41 82,000 538,000 36,000 87,000 1,000 451,000 373,000 693,000 316,000 299,000 1,000 35,000 23,000 3,000 1,000 20,000 16,000 61,000 34,000 32,000 45,000 23,000 8,000 2,000 5,000 80,000 30,000 46,000 34,000 547,000 150,000 135,000 95 93 9554 89 93 54 11054 9954 7434 10054 9254 5 6 83 54 7234 8554 7354 8554 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . 1925.“ P O O & S t L (Concluded)— > G en 5s series A _____________1970 J D R e g iste re d ___________________ J D P itts & L ake E rie 2d 5 s__ J a n 1928 A O P itts M cK & Y ough 1st gu 6s__1932 J J 2d g u a r 6 s_________________ 1934 J J P itts Shen & L E 1st g 5 s_____1940 A O F irst consol gold 5s________ 1943 J J P itts V a & C h ar 1st gu ar 4 s . . . 1943 M N P itts Y & A sh 1st con 5 s______ 1927|M N 1st gen 4s series A __________ 1948 J D 1st gen 5s series B __________ 1962 F A P rovidence Securities d eb 4 s__ 1957 M S Providence T e rm in al 1st 4 s____1956 M S 19 BONDS—STOCK EXCHANGE RECORD 89 54 Sale 89 9334 11054 10054 77 75 10154 10034 9454 7 5 6 Sale 84 Sale 7354 Sale 8654 73 54 7254 8554 . . . .. . 9134 Sale . 101 9554 7 8554 Sale Sale 74 8634 A sk. 9954 114,000 8454 8454 36,000 10454 Sale 104,000 103 54 Sale 91 92 54 100 34 101 9354 8654 88 54 8654 8854 2154 8654 10554 103 54 9254 10054 1 9354 ! 8734 8734 20 100 9454 86 34 9954 5 87 12 101 7 57 100 Jan . M a r. 5 87 M a r. M ar. 30 10054 J a n . M a r. 7 53 54 J a n . 100 87 102 57 88 93 88 93 Sale . . . _____ Sale Sale 101 Sale Sale Sale . _ . Sale Sale 85 ... .. 7 M a r. 31 89 M a r. 5 M a r. 6 9454 M a r. 28 J a n . 21 J a n . 29 Jan. J a n . 10 M a r. 31 95 J a n . 8 9454 F e b . 21 9954 F eb . 3 10034 M a r. 75 F eb . 17 7534 F e b . 1005-8 M a r. 6 10054 M a r. 6 10034 M a r. 6 10054 F e b . 945s M a r. 19 95 M ar. 10 92 54 J a n . 6 9634 F eb . 5 34 J a n . 16 14 3 20 30 F eb . Feb. Feb. M a r. M a r. 2 11 20 3 19 10034 M a r. 16 10034 M a r. 16 8251 73 8654 74 8554 M a r. M a r. M a r. M a r. M a r. 7554 M a r. 31 10 30 3 23 86 34 7334 8854 74 8654 9 77 9434 M a r. 10 95 10034 100 94 Sale 86 Sale 10034 10034 9654 Sale 10054 101 8254 Sale 9654 9834 100J4 10054 90 100 9854 Sale 985-s Sale 99 34 Sale 9954 100 96 100 30 Sale 8454 84 34 8454 Sale 9654 _____ 963-s_____ 8954 . . . . 8454 85 9034 9134 51 Sale 92 54 Sale 91 9934 Sale M ar. M ar. M ar. M ar. M ar. 10 2 13 3 19 8254 7154 85 74 8534 M a r. 5 M a r. 7534 94 101 3 9154 M a r. 4 10054 M a r. 6 M a r. 5 9454 M a r. 25 M a r. 20 8754 M a r. 9 M a r. 3 10034 M a r. 3 9954 9154 8354 9954 M a r. 31 Jan. 8 J a n . 16 M a r. 3 Jan. 6 88 75 8834 74 8634 F eb. 19 J a n . 7 77 F e b . 4 9554 F e b . 26 J a n . 20 101 F e b . 2 9534 F eb . 28 Jan. 6 Jan . 2 Jan. 2 J a n . 23 10054 95 87 34 10054 F eb . 2 F eb . 13 F eb. 21 J a n . 23 Jan. M a r. 10 71 M a r. 7 8554 J a n . M a r. 20 10154 J a n . M a r. 6 9354 J a n . M a r. 3 8454 J a n . M a r. 3 7534 J a n . 10554 J a n . 10054 M a r. 17 10054 M a r. 6 10054 M a r. 20 2 2 2 20 21 23 17 7534 89 V, 103 34 98 89 34 8254 10554 101 M a r. 10 Feb. 6 Feb. 1 Feb. 6 F eb . 4 Feb. 4 10254 M a r. 7354 87 34 10254 9754 86 785-s M a r. M a r. M a r. M a r. M a r. M ar. 5 31 4 2 31 30 7554 8954 10354 98 893-s 8254 5 10254 M a r. J a n . 21 8054 7254 87 8434 8254 M a r. M a r. M a r. M a r. M a r. 4 24 13 11 2 81 7254 90 86 86 M a r. M ar. M a r. M a r. M a r. 5 10234 9234 7 80 54 11 7254 9 8534 16 8154 14 80 Jan . Jan. Jan. M a r. Jan. Jan. Jan. 31 2 2 24 2 7 2 103 34 93 54 8154 74 90 86 86 F eb. Feb. F eb . Jan. M ar. M a r. M a r. 9454 10754 9554 98 9254 M a r. M ar. M a r. M a r. M a r. 2 4 20 24 10 9534 10934 100 98 93 M a r. M ar. M a r. M a r. M a r. 25 9454 J a n . 10 10754 M a r. 27 9834 J a n . 24 9734 F e b . 6 9254 J a n . 21 4 23 18 12 M a r. 25 M a r. 10 M a r. 27 M a r . 24 J a n . 31 F eb Jan . F eb . F eb. M a r. 17 12 6 10 19 Jan . F eb. Jan. Jan. Feb. M a r. M a r. M a r. 13 20 24 26 20 2 17 31 8954 101 M a r. 3 10154 M ar. 12 100 8354 M a r. 14 8434 M a r. 30 81 10054 111 M a r. 19 111 M a r. 19 10754 F e b . 17 Jan. 2 Jan. 2 F e b . 16 Jan. 5 9534 10934 100 98 93 54 92 8954 102 8434 101 111 8754 74 74 73 5954 8454 83 54 9954 10254 10354 M a r. 20 1055-s M a r. 10 103 F eb . Jan . Jan. M a r. Jan. Jan. Jan. Jan. Jan. Jan. 4 19 6 31 6 2 10 29 20 23 90 80 80 79 6654 91 8834 101 10254 10554 84 81 9654 9954 8434 83 103 94 34 8854 10054 Jan . Jan . Jan . Jan . Jan . F eb. Jan. Jan . Jan. Jan . 2 21 2 3 £ If 28 1£ 2 6 F eb . Jan. 81 9754 M a r. 102 34 F eb . 8654 J a n . 8534 F eb . 10 ! 3< F eb . 9434 91 M a r. 102 F eb . 9934 78' F eb . 10634 F eb . 110 F eb . 100 34 87 34 Feb. 85 Jan. 102 8734 F e b . 8734 7634 7654 73 6454 8854 8654 100 M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. 8454 M a r. 9654 10054 8554 8354 3 20 10 31 12 19 2 9 8854 7834 78 77 6654 91 885-s 101 2 86 M a r. 28 9754 M a r. 25 102 M a r. 5 86 M a r. 11 8354 M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. 10 4 4 2 4 2 17 31 M a r. 10 M a r. M a r. M a r. M a r. 23 4 6 11 8934 M a r. 4 91 10054 M a r. 11 102 M a r. 20 M a r. 16 7454 104 10754 1005-s 8554 8354 101 85 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 96 10034 8254 9654 100 M a r. 13 9654 M a r. 3 101 M a r. 31 84 M a r. 9 97 M a r. 14 10134 24 19 18 24 5 31 11 19 7754 106 110 1003-s 8734 85 10134 85 7 73 54 J a n . 3 Jan . 2 2 103 2 10654 J a n . 6 24 99 34 J a n . 5 14 85 34 J a n . 19 2 82 54 Jan.. 7 31 10054 J a n . 6 19 8354 J a n . 2 M a r. 24 M a r. 30 M a r. 2 M a r. 9 M a r. 6 9854 M a r. 30 9954 M a r. 99 985-s M a r. 31 9954 M a r. 11 9954 M a r. 16 10034 M a r. 6 30 M a r. 31 30 M a r. 31 9954 M a r. 4 9954 M a r. 17 8354 M a r. 2 8454 M a r. 30 85 89 5054 9254 91 9854 M a r. M a r. M a r. M a r. M a r. M a r. 3 6 5 27 10 11 8534 92 52 9354 91 9954 M a r. M a r. M a r. M a r. M a r. M a r. 2 9 14 6 10 3 Jan. Jan. Jan. M a r. Jan. 12 5 5 S 2 97 im 8434 97 10134 9834 98 54 9954 9954 9654 30 9954 8254 Jan. M a r. F eb . Jan. Jan. M a r. Jan. Jan. 2 31 26 27 7 31 3 2 9954 J a n . 100 34 F eb . 101 Jan. 9954 J a n . 97 U .Tan. 30 M a r. 99 54 J a n . 84 54 M a r. 8454 89 5034 9054 F eb . M a r. F eb . Jan. 17 6 22 6 9854 J a n . 8654 8554 M a r. 20 875-8 M ar. 5 8454 M a r. 6 10634 M a r. 16 10454 10634 105 10354 10354 M a r. 9 1045-s M ar. 3 103 34 9254 ... 10154 101 _____ _____ *8634 .......... _____ .......... Jan. Jap. M a r. Feb. Jan. 7 7 5 9 2 27 J a n . 21 97 8 9 54 8654 92 34 62 93 34 Q1 9934 Q» 8754 10634 10434 92 ^ 10154 Sft54 13 17 6 29 9 16 14 M a r. 10 9534 100 8254 9654 9954 Sale 8554 Sale 106 Sale 10354 - 9254 101 1005s _____ 9354 8654 . _____ 8654 20 21 5 6 2 9334 M a r. 25 96 10034 ... . 101 9454 7 . . . Sale 7354 Sale 74 7654 F eb . 3 10054 M a r. 3 10054 F eb. 3 10134 J a n . 27 J a n . 27 101 J a n . 27 101 9354 M a r. 25 9554 M a r. 18 9654 Sale 10054 Sale 86 Sale 10354 93 34 905-s 10154 9854 76 10454 10834 1005-s 863-s 8354 10134 843-s 6854 9154 99 54 M a r. 21 101 8854 Sale Sale 7454 Sale 88 54 Sale 10254 102 54 9754 Sale 8634 Sale 7834 Sale 10454 10554 1 0 0 5 4 _____ 9054 _____ 99 _____ 10254 103 9154 . . . 8054 8054 7254 74 88 Sale 85 86 82 54 8354 9054 - -_____ 95 10854 10954 _____ 99 97 99 92 34 94 90 _____ _____ 88 101 1015-s 8354 84 99 .. .. 10754 10154 . . . 8854 8854 77 78 7654 Sale 7454 Sale 6554 Sale 8854 Sale 8654 8754 101 Sale 102 34 104 10454 10634 86 M ar. 18 Sale Prices. Sale Prices. Jan. 6 9854 M a r. 25 101 . Sale 7554 7634 77 7754 76 9554 _____ 9334 9354 93 54 10134 102 102 . . 9954 102 9354 9434 95 9554 9434 9454 100 10054 9454 Sale 9154 Sale 8654 Sale 8454 Sale 10054 9954 9954 100 7154 Sale 73 54 Sale 8854 Sale 8554 Sale 10134 Sale 102 54 103 Sale 94 9754 Sale 88 54 Sale 8534 Sale 8154 Sale 7854 Sale 10534 10454 10554 10054 Sale 10054 10054 9054 . 9054 9834 . . 9634 10134 10334 10254 10354 Sale 93 9254 . . . . 8034 Sale 8054 Sale 73 74 7254 74 8854 Sale 8554 Sale Sale 82 84 A 85 8054 Sale 8234 Sale 90 9054 . . . . 93 54 9454 9454 Sale 10854 109 108 54 10934 Sale 99 9854 99 97 9854 9154 93 54 9254 94 92 91 _____ 9054 89 . . . . 88 Sale 100 101 10154 Sale 81 83 54 84 99 .. . 9834 10754 1085-s 101 10134 . . . . 87 54 89 8854 8854 77 74 77 79 7454 Sale 7654 7654 7434 Sale 7654 Sale Sale 60 6654 Sale 91 Sale 8454 Sale 8354 84 8634 Sale 100 10034 1005-s 101 104 102 102 54 104 i103 54 10434 10454 10554 Sale 84 8534 Sale 7934 82 54 81 8354 9654 Sale 9654 Sale 9954 100 10054 101 8454 8454 i 8554 Sale 78 54 84 7854 101 10354 _____ 9354 95 93 54 _____ 1 8834 Sale 8954 Sale 101 Sale 10054 Sale 9934 101 7354 Sale 77 Sale Sale 103 10554 Sale 10754 Sale 110 Sale 9954 100 10054 Sale 86 86 ___ Sale 8254 83 54 85 102 10254 10154 102 8334 Sale 8454 8454 68 6854 — . 8954 9154 . 9954 9954 _____ 96 9554 9754 ------100 10054 . 84 Sale 82 54 83 9654 9854 99J4 Sale 10034 10054 88 95 90 . .. 9854 Sale 9954 9934 9934 Sale 9854 9854 100 99-54 100 9934 9954 9934 100 96 100 9654 96 30 38 54 2534 30 9954 Sale 9954 9954 8254 Sale 8354 Sale 9554 9654 _____ 9554 97 9654 _____ 8934 8954 — . 83 54 8534 8534 Sale 8654 92 91 9134 62 57 52 54 9154 Sale 9254 Sale 91 . . . 8934 93 9954 Sale 99 9934 Sale Prices. Sale Prices. 9854 M a r. 25 10054 M a r. 3 21 101 H ig h est. Lowest. H ighest. 00 05 K A pril, 1925.] 2 20 23 10 3 27 14 20 7 10 6 24 10 5 10 F eb. 13 F e b . 24 M a r. 9 M a r. 6 29 18 17 27 7 31 13 30 J a n . 28 J a n . 30 J a n . 23 Jan . 8 M a r. 6 J a n ! 28 T an 99 M a r. 5 M a r. 16 J a n . 27 J a n . 27 .Tan 9ft 24 34 J a n . 20 24 34 J a n . 20 BONDS-STOCK EXCHANGE RECORD 20 Sales in M arch. Par Value. BONDS N. T . STO CK EXCHANGE. Price Ja n . 2 1925. Bid. $ Verdigris Val In d & W est 1st 5s 1926 M S 13,000 Virginia M id lan d 5s s e r E 1926.1926 M S 5,000 io o % 5s series P __________________1931 M S 99% G eneral 5 s_________________1936 M N 20,000 100 / a & S o u th w e st 1st gu 5 s_____ 2003 Q J 14.000 9514 F irst cons 5 0 -y ear 5 s_______ 1958 A O 108,000 84 % ■irginian R y 1st 5s s e r A _____ 1962 M N 1,038,000 95 % vVabash 1st gold 5 s___________ 1939 M N 73.000 100% Second gold 5s______________1939 F A 134.000 94% R ef s f 5 % s ser A te m p _____1975 M S 185.000 D eb B 6s re g iste re d ________ 1939 J 1st lien 5'0-year gold te rm 4 s . 1954 J 12,000 77% D e t & C h E x 1st g 5s_______ 1941 J 1,000 D es M oines D iv 1st g 4 s____1939 J 13.000 80% 12.000 72% O m aha D iv 1st g 3 % s ______ 1941 A O T o l & C hic D iv 1st g 4 s_____ 1941 M S 9,000 8 2 % 102 W aco & N W D iv 1st 6 s______ 1930 M N 77% W arren R R 1st re f gu 3 % ____ 2000 P A W ash C e n t R y 1st g 4 s_______1948 81% W ash T e rm 1st gu 3 % s ______ 1945 29.000 82% A 1st 4 0 -y ear g u a r 4 s________ 1945 2,000 80 4.000 A W e a th e rf M W & N W 1st 5 s . . 1930 201,000 O W est M a ry lan d 1st g 4 s______ 1952 6.000 99% J W est N Y & P a 1st g 5 s_______ 1937 35.000 80% G eneral gold 4 s_____________ 1943 A O In c g 5 s_______________A pril 1943 N o v 34% 341.000 90% W estern P acific 1st 5s A ______ 1946 M S 101.000 101 % 1st g 6s ser B _______________ 1946 M S 103,000 82% W est Shore 1st 4s g u a r_______ 2361 J J 24.000 80% R e g iste re d _________________ 2361 J J 13.000 101 W heeling & L ak e E rie 1st g 5 s . .1 926 A O 99% W heeling D iv 1st g 5 s______ 1928 J J 3,000 97 E x te n & im p t. gold 5 s______ 1930 F A 16,000 68 R efu n d in g 4 % s ser A ______ 1966 M S 43.000 70 W heel & L E rie R R 1st con g 4s 1949 M S 33.000 63% W ilkes-B & E a s t 1st gu g 5s__ 1942 J D 100% W ilm ar & Sioux F alls 1st 5 s__ 1938 J D 9,000 83 W inston-Salem S B 1st 4 s____1960 J J 63.000 79% W isconsin C en t 1st gen g 4 s__ 1949 J J 32.000 85 Sup & D u l D iv & T e r 1st 4s_1936 M N W or & C on E a s t R y 4 % s _____ 1943 J J ?! [V ol. 120. R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . M arch 2. A sk . A sk. Bid. 100 100% io o .......... 97% _____ 100 % Sale 96% 99% 89 Sale 96% Sale Sale 100% 100% Sale 95% 95% Sale 96% 96 79 80 100 81% 85% Sale 74 75% ------84% '8 5 % ___ 102 77% ------85 81% 84% 83 81% 81% 82 89% 96% 97 Sale 65% Sale 100% 100 % 80% 81% 80 34% 46 Sale 93% Sale 102% Sale Sale Sale 82 Sale Sale 80% 81 100% 100% 99% 99% 99% 97% 68% 67% 68 72% 73% 74% 62% 64% Sale 102 % 104 83% 82% 83% Sale 80% 81 84% 86 87 75% 81% 78% March 31. Lowest. H ighest. Lowest. H ighest. Prices. J a n . 12 F e b . 24 J a n . 15 J a n . 14 J a n . 10 Jan. 2 Jan. 5 Jan. 6 Jan. 2 M a r. 25 F e b . 20 J a n . 16 Jan. 9 Jan. 6 J a n . 26 Feb. 4 Sale Prices. 100% M a r. 31 100% M a r. 18 99% J a n . 15 100% F e b . 5 99% M a r. 24 Feb. 6 91 98% M a r. 20 101% F e b . 17 96% F e b . 17 96% M a r. 18 93% F e b . 20 M a r. 3 80 100% J a n . 20 85% M a r. 2 76% M a r. 7 85% F e b . 18 Jan. F eb. M a r. Jan. Jan. Jan. M a r. Feb. Jan. Jan. M a r. Jan. M a r. Jan. M a r. Jan. Jan. Jan. Feb. M a r. Jan. Feb. 84% J a n . 82% J a n . M a r. Feb. 67% F e b . 100% J a n . 82% J a n . Feb. 45 Feb. 94 104% M a r. 83% F e b . 81% M a r . 101% J a n . Jan. 101 99% M a r. 71% F e b . 74% F e b . 67% F eb . 102% F e b . 87% F e b . Feb. 81 87% J a n . 85 94% 3% 4 98% 94% 96% 91% 108 98 91% 95% 103% 99% 96% 89% 96% 100 94% 101 125 92% 45 43% 99% 99% 95 91% 91% 85 91% 101% 97% M a r. 21 18 23 M a r. 17 26 22 98% M a r. 31 99% M a r. 5 87% Jan. Jan. F eb . M a r. Jan. Jan. Jan. Jan . Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. M a r. Feb. M a r. Jan. F eb. Jan. M a r. M a r. Jan. M a r. M a r. Jan. Feb. Jan. Jan. Jan. Jan. F eb . Jan. Jan . 87% 99% 5% 5 101 101 99% 94 108% 100 96% 97% 108% 104% 97 92% 115 101% 97% 102% 130% 96% 55 50% 102 103 102% 100% 100% 93% 90% 93% 85 82% 97 68 72 90% 99% 104% Jan. Jan. Jan . Jan. Jan. Jan. Jan. Jan. M a r. Jan. Jan. M ar. M ar. Jan . Jan . Jan. Bid. A sk. 100% Sale 1 0 0 % _____ 9 7 % ------1 0 0 % ------9 7 % ------89 Sale 97% Sale 100% Sale 95% 96 96 Sale Sale Sale Prices. Sale Prices. 100 M a r. 11 100% M a r. 31 99% 100% M a r. 10 100% M a r. 18 100% 99% 100% M a r. 100% M a r. 13 100 99% M a r. 99% M a r. 24 93% 89 M a r. 90 M a r. 7 84% 96 M a r. 98% M a r. 20 95 100% M a r. 101% M a r. 30 100% 95% M a r. 96% M a r. 4 94% 95% M a r. 96% M a r. 18 95% 93% 79 M a r. 79% 83 80 M a r. 3 77% M a r. 100 101% 100 100 M a r. 12 99% 82% Sale 82% M a r. 85% M a r. 2 81% 75% 76% 75% M a r. 76% M a r. 7 74 84% M a r. 85% M a r. 10 84% 85% Sale 102 77% 84% 84% 81% 81% 81% M a r. 81% M a r. 21 81% 89% M a r. 78% 89% M a r. 5 89% 89% 96% M a r. 21 95% 96% M a r. 63% M a r. 63% Sale 65% M a r. 4 63% M a r. 100% M a r. 4 100 100 00 M a r. 81 % M a r. 9 80 80% 80 80 45 35% 46 92% M a r. Sale 93 94 M a r. 14 90% 104% M a r. 14 100% 93% 102% M a r. 93 82% Sale 83 M a r. 12 81% 81% M a r. M a r. 81% M a r. 11 79% 80% Sale 101% 101% M a r. 30 100% 100% M a r. 99% 99% 100 99% M a r. 97% 99% M a r. 25 99% M ar. 67% 69% 68 70 M a r. 3 68 M a r. 74 M a r. 25 72 73 73% Sale Sale 64 65 M a r. 6 63% 63% M a r. 102 102% 104 82% 83% 82% M ar. 82% M a r. 9 82% 81 M a r. 2 79% 80% 80% 80% M a r. 86% M a r . 4 82% 84% M a r. 84% Sale 77 81% 30 23 5 7 5 7 5 14 24 14 13 11 21 28 25 6 6 25 28 3 20 8 In d u s tria ls Sale 85 Sale 28,000 85 A dam s E xpress coll t r g 4 s____1948 M S 99% Sale 141.000 96% Sale A jax R u b b er 1st 8 s___________1936 J D 4% 6% 8,000 5 3% A laska G old M d eb 6s A ----------1925 M S 5 4% 3% 3% 12,000 10-year conv 6s ser B ______ 1926 M S 101 50.000 98% 98% 100 A m er A gric C h em 1st conv 5 s . . 1928 A O 100% Sale 583.000 95% Sale 1st re f sink fu n d 7 % s _______ 1941 F A 98% Sale 201.000 97% Sale A m er C h ain 10-year s f d eb 6 s . 1933 A O 93% Sale 40.000 91% 92 A m er C o tto n Oil d eb 5 s______ 1931 M N 106% 107% 11.000 106 A m er D o ck & Im p t e x td 6s____1936 J J 99% Sale Sale' 90.000 98 A m er M ac h & F d y s f g 6 s____ 1939 A O 93% 94 120,000 91% Sale A m er R ep u b lic C o rp s f deb 6 s . 1937 96% Sale Sale 490.000 96 A m er Sm eltg & R e f 5s ser A __ 1947 106% Sale 69.000 104% Sale 1st g 6s s e r B _______________ 1947 Sale 103 Sale 231.000 100 A m er Sugar R efg 15-year 6 s— 1937 96% Sale 720.000 96% Sale A m er T e l & T el Coll t r u s t 4 s . . 1929 91% 91% 10.000 90% Sale C o n v ertib le 4 s______________ 1936 96% 96% 4,000 106% 20-year co n v ertib le 4 % s ____ 1933 100 % Sale 447.000 100% Sale 30-year coll tr u s t 5 s________ 1946 95% Sale 2.713.000 35-year sin k fd d eb 5s w i __ 1960 101% Sale 849.000 101% Sale 2 0-year sink fd 5 % s ------------- 1943 M N 126% Sale Sale 274.000 126 7-year co n v ertib le 6s_______ 1925 F A 249.000 92% Sale 95% Sale A m er W a te r W ks & E lec coll 5s . 1934 A O 50% Sale 18,000 45% Sale A m er W ritin g P a p e r s f 7-6s— 1939 J J 46% Sale Sale 34.000 46 100% Sale .1953 F A 1.154.000 99% Sale 102 % Sale 969.000 102% Sale .1938 F A 98% Sale Sale A ndes C o p p er M in deb 7s w i_ .1943 J J 1.624.000 100 91% 92 53.000 A n tilla (C om p Azuc) 1st 7% s_ .1939 J J 87% 87% 52.000 .1964 M S 88% Sale Sale 199.000 85 .1939 J D 93% Sale 91% Sale 414.000 J J .1943 102% Sale 115.000 101% Sale .1935 M S 98% 97 ____ .1947 J D 22 27 Sale 43,000 20 A tla n tic F r u it 7s c tfs o f d e p . .1934 J 1> 22 Sale 39% C e r tif o f d ep o sit s ta m p e d . 99% Sale 136.000 97% Sale .1937 J J 26,000 .1940 M N 46.000 ,.1927 J J 81.000 .1931 J J 272.000 .1948 J J 86,000 .1926 J J 78.000 .1942 M N 206.000 .1936 .1 J 397.000 .1948 F A 101.000 .1952 V A 2,000 .1926 A O 241.000 .1942 A O 63.000 5.1943 J D 29.000 C tfs o f d ep s tp d D ec ’24 in t __ __ 43.000 B ro o k ly n C ity R R 1st 5 s------- 1941 596.000 B k ly n E d iso n In c gen 5s A ____ 1949 J 43.000 G en eral 6s series B ___________ 1930 J G eneral 7s, series C ________ 1930 1,663,000 B k ly n -M T r R T Sec 6 s______ 1968 26,000 B k ly n Q Co & Sub g td 5 s_____1941 M N 1st 5s s ta m p e d --------------------1941 J J B ro o k ly n R ap id T ra n s it g 5 s . . 1945 A O T r u s t co c tfs d e p o sit___________ 1st re fu n d co n v 4s g ________ 2002 3 -y ear secu red n o te s 7 s_____ 1921 T r u s t C o. c tfs d e p o sit________ do s ta m p e d _______________ 52.000 B k ly n U n E l 1st g 4 -5 s .............. 1950 F A 27.000 S ta m p e d g u a ra n te e d _______ 1950 F A 59.000 B k ly n U nion G as Co 1st g 5 s . .1945 M N 1,000 10-year co n v d eb 7 s________ 1932 M N 21.0Q0 1st 1 & re f 6s A _____________ 1947 M N J D B u ffalo & Susq gen s f 5 s------- 1932 34.000 B u sh T e rm in al 1st 4 s________ 1952 A O 101,000 C onsol 5 s__________________ 1§55 J J 47.000 B uildings 5s gu ta x e x --------- 1960 A O C al G & E C o rp u n if & r e f 5 s . . 1937 C alifo rn ia P e tro le u m 6 % s ------ 1933 C am ag u ey Sugar sin k fd 7 s------ 1942 C an a d a S team sh ip Lines 7 s— 1942 C an a d ia n G en eral E le c tric 6 s..1 9 4 2 C e n tra l D is t T e l 1st 30-year 5 s. 1943 C e n tra l F o u n d ry 1st sink fd 6 s . 1931 C e n tra l L e a th e r 20-year gold 5s 1925 R eg istered--------------------------------1st lien sin k fu n d 6s in te r im .. 1945 C e n tra l S teel 1st sin k fd 8 s------1941 C hic G as L & C 1st gu g 5 s------1937 C hicago R y s 1st 5 s---------------- 1927 C hile C o p p er co n v 6s ser A ------ 1932 C ine G as & E l 1st & r e f 5 s------1956 40-year p rio r lien 5 % s J a n 1961 B C learfield B it C oal 1st 4 s-------- 1940 Colo F u e l & Iro n Co gen s f 5s_.1943 Colo In d u s 1st coll t r 5s g u ------ 1934 C olum bia G as & E l 1st 5 s---- r _1927 S ta m p e d ______________________ - Col'& 9 th Av 1st gu g 5 s----------- 1993 C olum bus G as 1st g 5 s------------- 1932 C o m m ercial C able 1st g 4 s------ 2397 M A A M A J N O O N O D MN J J M S J J Q J 102 100% 102% 102% 100% 93% 90% 94 85% 80% 97% 73% 72 87% 99% 103% 105 82% 66% Sale 103% Sale Sale 100% Sale Sale Sale Sale 82% Sale Sale 73% 91% Sale 104% 108% Sale 67 95 80 104% 100% 100% 96% 91% 95% 88% 77% 99 74% 73% 92 99% 104% 85 98% 5% 5% 100% 97% 96% qcf 106% 98% 93% 96% 106% 102 96% 90% M a r. 85% 85 97 M a r. Sale Sale 4 % M a r. 4 M a r. 6% 99% M a r. Sale Sale 96% M a r. Sale 97% M a r. M a r. 93% 93 108% 106% M ar. 99% 98% M ar. 92% M ar. Sale Sale 96% M ar. 107% 106% M a r. Sale 101% M a r. Sale 96% M ar. 91% 90% M a r. 96% M a r. 100% M a r. 94% M a r. 101% M ar. 125% M ar. 95 M ar. 45 M ar. 43% M ar. 99 % M a r. 99% M ar. 95 M a r. 93% M a r. 91 M a r. 86% M ar. 92 M ar. 102% M a r. 85 99% 5% 5 101 100% 99 94 108% 99% 95% 97% 107% 104% 97 92% 96% 101 % 95% 102% 127 95% 50% 47 100% 103 99% 94% 92% 90 93% 103% 102% 103% 104% 100% 100% 96 90 94 85 82% 98% 68 72 i 92 99% 104% 103% 104% 105 101% 101 97 92% 96% 88% 83% 99% 74% 73% 93 98% 104% Sale Sale 97 Sale Sale Sale 80 Sale Sale Sale 92% Sale 104% 86% Sale 76% Sale -----70 84 62 70 Sale 64% _____ M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 100% M a r. 105 M a r. M a r. 2 83% M ar. 23 87 63% M ar. 18 70% M a r. 27 Jan. 9 F e b . 20 M a r. 31 J a n . 29 M a r. 12 F e b . 10 F e b . 13 M a r. 10 M a r. 23 Jan. 7 J a n . 28 F e b . 10 F e b . 10 M a r. 20 F e b . 24 M a r. 17 Jan. 5 Jan. 7 J a n . 20 Jan. 7 Jan. 5 F e b . 14 Feb. 9 Feb. 6 101 % J a n . 12 J a n . 12 104 100% J a n . 2 94% M a r. 11 92% M a r. 11 M a r. 3 90 F e b . 13 94 103% M a r. 19 97% J a n . 20 M a r. 21 26 Jan. 2 22 99% M a r. 5 M a r. M a r. Jan. M a r. Jan. M a r. Jan. Feb. Feb. Feb. Feb. Jan. Jan. Jan. 2 100 % M a r. Feb. 5 105 103% 104% 105 101% 101% 97 92% 97% 89% 85 100 75% 75% 9 9 22 3 27 20 29 3 16 5 26 20 28 23 14 5 82% J a n . 2 88% F e b . 19 63% M a r. 18 71 J a n . 10 80 J a n . 27 80 J a n . 27 56% Sale 82 82% 83% 82 82% 83 81% 81% 83 99% Sale 99% Sale 100 1 3 5 % ------ 1 3 5 % _____ 155 1 0 9 % ------ 1 0 9 % _____ 109% 9 2 % ------92% 97 9 1 % ------86 ____ 86 _____ 86 84 Sale 85% 87% 87 86 % 86 % 88% Sale 95 98 Sale 95 Sale 95 Sale 83% Sale 83% 83% 99% 100% 76.000 99% 99% 99% 102% 169.000 100% Sale 93% 92% 90.000 93 160.000 96% 97% 98% 10.000 107% 107% 107% 34,000 100% 100% 100 % 95% 96% 95 100 28,000 100% Sale 99% 100% 98 554.000 38.000 1 1 0 % ------ 111 99% 28.000 99% Sale 86 1.817.000 83% Sale 108% 1.439.000 110% Sale 102% 33,000 102% 110.000 101% Sale 86 77% 87 88 92 14.000 90 82% 24.000 80% Sale 100% 108,000 100% Sale 100% 78.000 100% Sale 8% 8 12 ------8,000 99 99% 71% 73 14,000 72 Sale 995 Sale 103% Sale 94% 92% 93 98% 98% 99 107% 107% 107% 101 100% Sale 95% Sale 99% Sale 100% 98% 97% Sale 1113 110% 111 99% 100 100 Sale 81% Sale Sale 105% Sale Sale 99% Sale Sale 102% 103% 87% 80% 87% 90% 90% 89 82% 81% 83% Sale Sale 101 Sale Sale 101 8% 14 14 99% 100 100 Sale 72% 72 98% 102% 93 98% 107% 100% 99% 97% Ill 99% 81 105 99 102 90 82 100% 100% 99% 71% M ar. M ar. M a r. M ar. M a r. 82 81% 99% 155 107% 91% 84 86% 93% M a r. M a r. Jan. M a r. Jan. Feb. Jan . Jan . Jan . 84% 85 103% 163% 110 % 93% 87% 89% 99% 98% 100% 93 96% 107% 100% 95% M a r. 31 100 M a r. 2 99% 99% M ar. 98% M a r. 97% M a r. 113 M a r. 111 M a r. 99% M a r. 98% M a r. 88 M a r. 81 M a r. 108% M a r. 105 M a r. 100 M a r. 98% M a r. 102% M a r. 100% 80 M a r. 92 M a r. 91 M ar. 83 M a r. 80 M ar. 101 M a r. 100% M a r. 100 101 M a r. 9% M a r. 27 99% M a r. 98% M a r. 20 73 M a r. 72% M a r. Jan. Jan . Jan. M a r. Jan. Jan . M a r. Jan . M a r. Jan . Jan. M a r. M a r. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 100 103% 95% 99% 107% 100% 97 100% 99% 98% 114 99% 88 111% 100 % M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M ar. 84% 84% 100% 155 110 M a r. M a r. M a r. M a r. M a r. 87% M a r. 88% M a r. 99% M a r. 99% 103% 95% 99% 107% 100% M a r. M a r. M a r. M a r. M a r. M a r. Feb. F eb . Jan . Jan . F eb . F eb . F eb . F eb . M a r. 16 19 1 19 10 16 24 18 13 F eb . F eb . M a r. Jan . Feb. Jan. F eb . Jan. Jan. M a r. Jan. M a r. M a r. Feb. Jan. 1 0 2 % M a r. 80 Jan. Feb. 93 F eb . 83 101 % J a n . 1 01 % J a n . Jan. 12 99% F e b . 73% F eb . 5 10 6 31 3 29 27 15 14 6 22 21 4 9 26 6 15 16 9 2 12 29 11 26 A pril, 1925.] BONDS—STOCK EXCHANGE RECORD BONDS Sales in M arch. Par Value. N. Y. S T O C K E X C H A N G E . Price Ja n. 2 1925. Bid. A sk * C om m ercial C re d it s f 6s______ 1934 M N 82,000 99 M Sale C om ’w ealth Pow er 25-yr 6 s___1947 M N Sale 214,000 98 C o m p u tin g -T ab -R eco rd s f 6 s . .1941 J J 69,000 101M Sale C onn R y & L t 1st g 4 k s ______ 1951 J J 3,000 89 k 91M Stam p ed gu ar 4 ^ s _________ 1951 J J Sale 10,000 92 Consol C oal M d 40-yr 5 s______ 1950 J D Sale 421,000 87 F A C onsol G as (N Y) deb 5 k s ____1945 1,847,000 C ons P r & L t 1st & re f 6 k s A ..1 9 4 3 M S 1.151,000 100M Sale C o n t P a p e r & B ag M ills 6 k s - - 1 9 4 4 F A 497,000 89 90 M O onsum G as C hic 1st gu g 5 s . .1 9 3 6 J D 94,000 98 a 99 k C onsum ers Pow er 1st lien 5 s__ 1952 M N Sale 592,000 91 M N C o rn P ro d R ef gold s f 5 s______ 1931 100 1st 25-year s f 5 s____________ 1934 M N 2,000 101 C row n C o rk & Seal 1st s f 6 s__ 1942 F A Sale 65,000 77 J J C u b a C an e Sugar conv 7 s_____ 1930 108,000 94 94 M C onv d eb sta m p e d 8 % _____ 1930 J J 316,000 99M Sale C u b an -A m er Sug 1st coll 8 s__ 1931 M S 142,000 107 k Sale C u b an D om Sug 1st 7 k s _____ 1944 M N 403,000 9 6 k Sale O um b T & T 1st & gen 5 s_____1937 J J 102,000 97 M Sale D en v er G as & E l 5s__________ 1951 D e ry (D G) C o rp 1st 7s_______ 1942 D e tro it E d iso n Co 1st 5 s______ 1933 1st & re f 5s Series A ____J u ly 1940 G en & re f 5s series A ________ 1949 1st & re f 6s Series B ____J u ly 1940 D e t U n ited 1st cons g 4 k s ___ 1932 D old (Jacob) P a c k 1st 6 s______ 1942 D om inion Iro n & S teel 5 s_____1939 D o n n er S teel 20-year 7 s_______ 1942 d u P o n t (E I) P ow der 4 k s ____1936 d u P o n t defN em & Co 7 k s ____1931 R eg istered ______________________ D uquesne L t 1st & coll 6s S er A 1949 1st coll t r 5 k s Ser B ________ 1949 E a ste rn C u b a Sugar 7 k s ______ 1937 E d E l 111 B k n 1st con g 4 s_____1939 E d E l 111 N Y 1st cons g 5 s____1995 E lec Pow C o rp (G erm any) 6 k s 1950 E lk h o rn C oal conv 6% n o te s .. 1925 E m p ire G as & Fuel 1st & r e f 7 k s ’37 E q u itab le G as 1st con 5 s______ 1932 Fed eral L & T r 1st s f 5s______ 1942 1st lien s f 6s s tm p d ________ 1942 C onv deb 7s A _____________ 1953 F ed erated M eta ls conv 7s_____ 1939 Fisk R u b b er 1st s f 8 s________ 1941 F t S m ith L t & T ra c tio n 5 s___ 1936 F ram eric In d & D ev 20-yr 7 k s 1942 F rancisco Sugar 20-yr 7 M s____ 1942 M N M S J J M S A O M S J J MN M S J J J D M N J D J J J J M S J J J J M S 134,000 14,000 47,000 95,000 124,000 164,000 531,000 48,000 49,000 88,000 5,000 334,000 Bid. 99 100k 102 M 90 k 90 k 88 101k 103 88 M 99 93 k 100k 101M 78' 97 M 102 108 k 98 M 98 M Sale 99k 101 104 k 90k 92k 90 103 103 92k 99k 95k Prices. Jan. 3 Feb. i Feb. 10 Feb. 2 F e b . 18 F e b . 17 F e b . 14 F e b . 27 M a r. 26 M a r. 6 F e b . 18 11 26 21 2 9 12 13 101k 80 98 102 k 108 k 98 k 99 k M a r. M a r. M a r. M a r. M a r. M a r. 6 2 19 27 94 k 82 102 k 101k 98 k 108 93 k 88 k 68 k 91k 93 k 108k 107 k 107 106 106k 93 102 k 88 100 103 k lo o k 94 k 102 136 107 112k 79 95 k 106 Prices. M a r. 25 M a r. 16 M a r. 21 M a r. 10 M a r. 28 M a r. 31 M a r. 2 M a r. 30 M a r. 18 M a r. 4 M a r. 3 Sale 99k 101 103k 90k 91k 88 101k 103 92k 99k 95k Sale Prices. Prices. M a r. 2 9 8 k M a r. 25 M a r. 25 97 k J a n . 5 M a r. 7 1 0 1 k J a n . 2 M a r. 10 9 0 k F e b . 2 J a n . 10 M a r. 5 89 M a r. 2 82 k M a r. 31 M a r. 11 1 0 1 k F eb . 27 M a r. 2 1 0 0 k J a n . 6 M a r. 26 87 k J a n . 26 M a r. 6 92 k F e b . 2 M a r. 10 9 0 k J a n . 3 100k 74 96M 100 108 97k 98k M a r. M a r. M a r. M a r. M a r. M a r. M a r. 13 6 31 31 5 11 6 101k 80 98 102k 108k 98k 99k M a r. M a r. M a r. M a r. M a r. M a r. M a r. 19 1 0 0 k F e b . 28 74 k F eb . 3 93 k J a n . 6 9 9 k Jan . 12 107 k F e b . 2 96 k J a n . Jan. 27 97 93 77 99k Sale 99k 97 k Sale 1 0 7 k Sale 87 k 87 84 k 57 k 5 7 k 89k 93 k 94 k 93 107 M Sale 1 0 7 k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 21 26 19 2 23 2 11 14 27 24 2 2 94 k 78k 101k 100k 98k 108 93 k 88 66k 91k 93k 108 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 105 104k 104k 91k 91k 102k 87k 9 9 k 99 Sale 1 0 0 k 99k Sale 90 Sale 1 0 0 k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 27 5 30 24 18 18 19 31 30 2 2 107 105k 106 k 92 102 k 88 100 103 k 99k 94k 101k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 102 k 111 78 k Sale 89M 1 0 6 k 105 Sale Sale 102 k 110k 78k 89k 103k M a r. M a r. M a r. M a r. M a r. 31 17 12 31 24 107 112k 79 94 105k M a r. M a r. M a r. M a r. M a r. 3 92 k J a n . Jan. 5 75 4 99 k M a r. 25 99 k F e b . 7 97 k 27 1 0 6 k J a n . 7 87 k M a r. 6 82 Jan . 9 57 k M a r. 10 88 k J a n . 23 9 0 k J a n . 4 1 0 6 k Feb. 107 k 5 105 J a n . Jan. 31 104 Jan. 6 104 9 90 k F e b . 18 1 0 1 k F e b . 18 87 k M a r. 2 99 M a r. 2 97 k J a n . 30 98 k J a n . Jan. 7 88 21 96 k J a n . 116 2 102 k M a r. Jan. 10 108 21 76 k 16 89 k M a r. Feb. 5 104 98 k 103 105 k 82 k 103 M 100 93 k 104k 120 108k 96 M 99 98 M Sale 100 95 93 M Sale 90 k 100M 1 0 0 k 99 M Sale 1 0 2 k 105 M 1 0 5 k 83 103k 102k 100M 100 Sale 93k Sale 1 0 3 k Sale 119 k Sale 1 0 8 k 100k Sale 98k Sale 99 95 93k Sale 90 101k 100k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 11 16 17 2 24 2 2 20 25 17 31 10 13 11 16 103 105k 83k 104 102k 93 k 104k 120k 109k 100k 98k 100k 93k 91k 100k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 6 16 4 9 25 6 16 2 14 17 31 17 23 5 20 Sale 80 107 k 91M 81M 66 89 M 89 k 108 107 H 106 104k 105M 89 Vs 102 M 107 k 91M 86 M 66 k 88 93 107 k Sale 105 k 106 104 k Sale 104 k 106 k Sale 104 k 91k 91k 91k 99M 99 M 87 k Sale 99 100 102 k Sale 100 M 99% 99 k 94 94 M Sale 100 k Sale 101M Sale 105 98 k 102 k 105M 82 M 102 k 100 93 k 103 M 120 109k 95 95 99 M 92 k 90 k 100k H ighest. Lowest. H ighest. Sale 98M 100 101k 90M 90k 82k 101k 100k 87M 98 k 93M 93 76 100k 99 k 97 k 107 M 91 k 85 k 106k 111 78 M 93 105 Lowest. M arch 31. A sk. Bid. A sk . Sale 99 Sale Sale 1 0 0 k Sale 102 k 1 0 1 k 102 k 90 k 93 M 92 90 k 91M Sale 82 k Sale Sale 1 0 1 k Sale Sale 101 Sale Sale 90 M Sale 99 M 99 99 M Sale 94 k Sale 100k 102 101 80 78 M Sale Sale 96 M Sale Sale 100 Sale 108M 1 0 8 k Sale Sale 97 k Sale Sale 99 k Sale 93 M 93 77 80 1 0 1 k Sale 99 M Sale 261,000 108,000 7,000 3,000 33,000 72,000 J D 1,456,000 100 Sale M N 1,000 97 k Sale M S 99 M 96,000 M S 115,000 99 k Sale M S 115,000 99 k Sale M S 115M 118 J D Sale 290,000 104 M S 155,000 108 Sale M S 78% 8,000 J J 150,000 92 k Sale M N 75,000 1 0 4 k 105 J D G as & E lec (B ergen Co) 5 s___ 1949 A O 98 98 M G en A sp h a lt co n v s f 6 s_______ 1939 43,000 G en B ak in g 1st 25-yr 6s_______ 1936!J£ D V 3,000 104 M Sale G en eral E lec deb g 3 k s ________1942 » a 4,000 84 104,000 105M Sale D eb en tu re 5 s_______________ 1952 “ As G en R efracto ries 1st 6 s_______ 1952 F 11,000 100M Sale J J 481,000 G erm an G eneral Elec 7s w i __ 1945 G oodrich (B F) Co 1st 6 k s ____194' JM NJ 551,000 1 0 0 k Sale G oodyear T ire & R u b s f 8 s____1941 F A 339,000 1 1 9 k Sale 10-year deb s f 8 s______ M a y 1931 M N 479,000 108M Sale 2,000 92 G ra n b y C on M S & P 1st 6 s__ 1928 M N S ta m p e d ________________________ 10,000 98 99 Vs N 463,000 Sale C onv d eb en 8 s______________ 1925 M 95 A 7,000 92 G ra y & D av is 1st co n v 7 s_____ 1932 F 93 M F A G t C ons E l Pow (Ja p an ) 7 s___ 1944 M N 681,000 91 Sale G re a t F alls Pow er 1st s f 5 s____1940 4,000 101 k 102 J J 83 k 84 H ackensack W a te r 1st 4 s_____ 1952 M S H a rtfo rd S tree t R y 4 s________ 1930 M S 82 k 75,000 85 k Sale H av an a E l R y L t & P 5 s______ 1954 F A 14,000 93 M 94 H av an a E lec R y cons g 5 s_____1952 M N Sale 118,000 104 H ershey C hocolate 1st s f 6 s__ 1942 A O 92,000 1 0 0 k Sale H oe (R) & Co 1st 6 k s A ______1934 M N 68,000 79 M Sale H olland A m er L 6s (flat) ______ 1947 M N 30,000 98 H udson C o u n ty G as 1st 5s___ 1949 J J 98 M 355,000 99 k Sale H u m b le Oil & R ef 5 k s _______ 1932 J D 659,000 97 M Sale Illinois B ell T elep 1st & r e f 5s A 1936 A O 153,000 93 M Sale Illinois S teel d eb en 4 H s _______ 1940 M N 6,000 88 k Sale In d N a t G as & Oil re f 5 s______1936 M N In d ia n a S teel 1st 5 s__________ 1952 J J 148,000 101M Sale Ingersoll R a n d 1st 5 s____D ec 1935 A O 98 M 1,000 11 In te r-M e tro p o lita n coll 4 k s ._ 1 9 5 6 6 T r u s t Co c tfs o f d e p o sit_________ 10 i ,000 16% s ta m p e d ________________ 10k Sale 1,706,000 68 In te rb o ro R T 1st & re f 5 s___ 1966 J S ta m p e d _____________________ u . q 2,608,000 67 M Sale 859.000 73 Sale 10-year 6% n o te s __________ 1932!m S Sale 10-year 7% n o te s __________ 1932 M N 1,162,000 93 70 I n t Agri C o rp 1st & coll t r 5s__1932[ 5,000 67 Sale 24,000 61 S tam p ed ex ten d ed t o _____1942! a " (j 686,000 88 k Sale I n t M erc M arin e 1st s f 6 s_____1941 j In te rn P a p e r co n v 5s Ser A ____19471j 774,000 88 k Sale 1st & re f s f 5s Ser B ________ 1947tj j Sale 603,000 88 Ju rg e n s W o rk s 6s (flat) _______ 1947 M S 513,000 96 k Sale K ansas C ity P o w er & L t 5 s____1952 M S 170,000 98 M Sale K an sas G as & E l 1st s f 6 s_____1952 F A K ay ser (Julius) & Co 7 s_______ 1942 M N 39,000 102 Sale 337,000 97 M Sale K elly Springfield T ire 8 s______ 1931 J J 22,000 82 84 K ey sto n e T elephone 1st 5 s____ 1935 18,000 1 0 0 k K ings Co E L & Pow g 5 s_____1937 40,000 n e k P u rch ase m oney 6 s_________ 1997 4,000 75 K ings Co E lev a te d 1st g 4 s____ 1949 75 k 22,000 75 S tam p ed g u a ra n te e d _______ 1949 75 M 17.000 88 k 90 K ings Co L ig h tin g 1st re f 5 s__ 1954 11,000 103 k 1st 6 M s _________ _________ 1954 K in n ey (G R) C o co n v 7 K s __ 1936 35,000 106M 57,000 89 k Sale L ack aw S teel 1st cons 5s Ser A . 1950 M 99,000 98 M Sale L acled e G as L re f & e x t 1st 5 s . .1934 A 512,000 95 H Sale C oll & re f 5 Ms Series O _____ 1953 F 2.000 95 96 Lehigh C oal & N a v 4 M s______ 1954 J 9,000 100 L ehigh V alley C oal 1st 5 s_____ 1933 J 101 91 1st 4 0 -y r gu in t re d to 4 % __ 1933 J 1.000 39 M 55 k Lex A v & P a v F ’y 1st gu g 5 s . .1993 M S 57,000 U 7 M Sale L ig g e tt & M y ers T o b acco 7s___1944 1.000 R e g iste re d ______________ Sale 167,000 98 5s---------------------------------------- 1951 66,000 114 k Sale L o rillard (P) C o 7 s____________1944 1.000 R e g is te re d ______________ 65,000 96 k Sale 5s---------------------------------------- 1951 191,000 91 Sale L ouisv G as & E l 1st & re f 5 s__ 1952 M N 2,000 Louisville R y 1st cons 5 s______ 1930 J J Low er A u stria n H y d ro -E lec Co— 71,000 85 k Sale 1st s f 6 M s _________________ 1944 Sale 253,000 132 M ag m a C o p p er co n v 7s_______ 1932 123,000 99 M Sale M a n a ti S u g ar 1st s f 7 M s______ 1942 189,000 63 k Sale M a n h a tta n R y (N Y) con g 4s_1990 2,i 4S______ _ _ 2013 41,000 54 k Sale Sale 61,000 98 M an ila E le c tric 1st re f 7 s______ 1942 M N 85 M an ila El R y & L t 1st 5 s______ 1953 M S 191.000 84 Sale 270,000 99 M a rk e t S t R y 1st 7 s____ A p r 1940 Q - J 13,000 126M 145 M a rla n d Oil 8s w ith w a r r a n ts .. 1931 A O 84,000 1 0 5 k Sale W ith o u t w a rra n ts _______ A O 1 25 134 10-y r 7M s w ith w a rra n ts A p r 1931 F A W ith o u t w a rra n ts ____,________ F A 105 k Sale M axw ell M o to rs co n v 7s______ 1934 M S 105M Sale 48,000 102M Sale M etro p o lita n E d iso n 1st 6s B ..1 9 5 2 F A 45,000 91 M 92 1st & re f 5s Series C ________ 1953 J J 42,000 1 0 0 k 101 M e tro p o lita n P o w er 1st 6s A . . 1953 J D R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2. 92 M 92 k Sale 75 100M 101 Sale 100 Sale 92 82 69 Sale 90 M Sale 107% Sale Sale Sale 92 21 Sale 92 Sale Sale 91 Sale Sale Sale Sale Sale 105 M 83 Sale 101 Sale Sale Sale Sale 85 84 k 83 k Sale 86 k 94 93 Sale 104 102M 102 93 k s i k 99 k 100 k Sale 101 Sale Sale Jan. Jan. Jan. Jan. Jan. Feb. Jan. Jan. Jan. 17 5 27 17 10 18 19 2 23 7 6 31 2 31 16 15 13 19 28 8 2 2 6 2 J a n . 24 Jan. 2 Jan. 6 Jan. 6 J a n . 21 98 k 103 105k 84 105k 102 k 1/94 k 104 k 120 k 109 k 100k 98 k 100k 95 91 k 101k F e b . 13 Feb. 5 Feb. 4 Feb. 7 Jan. M a r. Feb. Feb. Jan. M a r. Jan. Jan . M a r. Jan. Feb. Jan. M a r. M a r. Jan. M a r. Jan. Jan. Jan. Jan. F eb . M a r. 23 7 14 16 20 23 30 13 5 23 9 15 18 18 2 2 20 6 31 17 28 10 F e b . 11 J a n . 24 Feb. M a r. Feb. Jan. Jan. M a r. Jan. M a r. Feb. Feb. M a r. M a r. M a r. Jan. Jan. Feb. 19 6 16 2 2 25 27 16 5 13 17 31 17 30 2 19 97k 94 k 90 M 102 M 99 k 11 4M 6M 71k 71M 77 M 94 62 67 89 M 89 M Sale 99 k Sale 94 k 9 1 k 90 M Sale 102 99 k 11 13 4M 12k 6M Sale 63 k Sale 63 k Sale 66 Sale 86M 70 k 62 Sale 62 M Sale 88 M Sale 88 k M a r. 19 11 M a r. 85 83 k 82 k 82 k 4 85 k J a n . 13 87 k M a r. 4 Feb. 2 4 92 k J a n . 3 94 13 103 k J a n . 2 1 0 4 k J a n . 6 18 1 0 0 k J a n . 2 103 k M a r. 18 J a n . 5 87 k F e b . 25 3 79 18 98 k J a n . 6 99 k F e b . 4 J a n . 16 6 99 k J a n . 2 101 J a n . 8 99 k M a r. 30 30 97 F e b . 18 6 92 k J a n . 5 95 J a n . 29 9 87 k J a n . 13 91 2 1 0 1 k F e b . 4 102 k J a n . 27 99k 99 k J a n . 19 19 10 F e b . 9 11 Sale Sale Sale Sale 70 Sale Sale Sale 10k 59k 59 61k 85k 67 62k 88 87k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 13 23 23 23 23 2 23 26 23 10k 72 71k 77k 94 70 66k 89k 89k M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 13 2 2 2 2 14 9 3 23 10k 59k 59 61k 85k 67 61 88 87k M a r. M a r. M a r. M a r. M a r. M a r. Jan. Jan . M a r. 13 23 23 23 24 2 2 6 23 10 k 74k 73 k 81k 95 73 71k 91k 90k M a r. Feb. Feb. Feb. Feb. Feb. Jan. Feb. Feb. 13 9 9 9 9 17 27 4 16 95 97 k 100M 102 k 98 k 85 101M 115k 75M 76 k 93 k 105k 107 93 k 99 k 98 k 97 k 100 M 90 Sale 93 k Sale 97 k Sale 100 k 103M 103 Sale 95 85M 85 101M Sale 1 1 5 k 77 75 Sale 75 94 94 k 105k Sale 1 0 6 k Sale 93 k Sale 99 M Sale 98 M 97k Sale l o o k Sale 93 k Sale 97 Sale 99k Sale 102 k Sale 90 85M 84 k 101 116 114 k 77 76 76 k 7 5 k 96 93k 105k Sale 1 0 6 k 93 k 9 3 k Sale 98k Sale 98 97k 101 100 ‘ M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 16 2 2 27 24 10 14 14 24 10 11 5 25 14 23 2 24 13 95k 98k 101k 103k 98k 85k 101k 115k 77 76k 94 105k 107 94k 99 k 99k 98 101 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 4 11 17 14 2 23 19 19 9 21 21 2 2 16 5 2 23 18 88 95 k 98 k 101k 90 82 100k 114k 75 74 k 89 103k 106k 89 k 98 k 95 k 95 k 100 Jan . Jan. Jan. Jan . M ar. Jan. 2 12 2 6 24 20 96 k 98 k 101k 103 k 100k 85k 101k 115k 77 k 77 k 94 105 k 108k 94 k 99 k 99 k 100k 101 Feb. M a r. Feb. M a r. Feb. M a r. Feb. M a r. Feb. Feb. M a r. Feb. Jan . M a r. M a r. M a r. Feb. Jan. 27 11 13 14 14 23 14 19 10 2 21 10 16 10 5 2 25 7 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 28 19 11 2 2 11 24 7 18 41k 120 117 k 100k 117k 115 96k 94 93 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 3 25 11 31 25 11 4 17 18 40 116 117k 97 k 114k 115 95 k 90k 93 Feb. M a r. 28 43 M a r. 19 120 M a r. M a r. 11 1 1 7 k M a r. J a n . 5 100 k M a r. J a n . 2 117 k M a r. 115 M a r. 24 97 k F eb . J a n . 2 94 M a r. M a r. M a r. 18 93 13 25 11 31 25 84 k 83 M 87' 92 104 102 k 92M 85 98 k 101 104 k 83 101k 100k 93 k 100 k 119 108 k 93 k 93 k 95 92 89 k 100k 5 11 6 27 7 3 7 28 3 6 12 2 27 Sale Sale Sale Sale Sale 99 M Sale 86k 92k 103k 101k 81k 98k 100k M a r. M a r. M a r. M a r. M a r. M a r. M a r. 14 31 6 6 31 9 4 87k 93k 105 103k 84k 99k 101 M a r. M a r. M a r. M a r. M a r. M a r. M a r. Sale Sale 91k 102 M 97k 94k 90k 101k M ar. M a r. M a r. M a r. 2 2 9 23 99k 94k 90k 102k M a r. M a r. M a r. M a r. 13 12 k 11 119k 37 43 119M Sale 99 k Sale Sale 115 100 k Sale 116 k Sale 95 k 96 93 k Sale 9 1 k 94 95 k Sale 93 M Sale 91 93 85 k 125 101 63 k 51M 99 k 85 M 99k 125 105 125 40 86 Sale Sale Sale 52 M 100 86 Sale 130 106 M 85 k 114 100 59 k 53 99 k 85 M 98 k 125 106 125 40 116 117k 99k 115 115 95k 93k 93 M a r. 8 5 k M a r. 3 86 Sale Sale 114 M a r. 31 1 2 7 k M a r. Sale 9 9 k M a r. 21 1 0 1 k M a r. 59 k 5 8 k M a r. 25 6 2 k M a r. Sale 51 M a r. 24 5 5 k M a r. M a r. Sale 9 9 k M a r. 16 100 87 86 M a r. 28 8 8 k M a r. M a r. Sale 9 8 k M a r. 26 100 130 125 M a r. 27 1 2 7 k M a r. M a r. 106M 1 0 5 k M a r. 23 106 102 k Sale Sale 93 92 k Sale 102 k 102 k 102 k — F e b . 26 Jan. 5 Jan. 7 J a n . 21 M a r. Jan. Jan. Jan. 25 2 12 3 Jan . 5 14 85 k J a n . 2 86 k 4 114 M a r. 31 1 3 2 k 3 99 J a n . 2 102 4 58 k M a r. 25 64 M ar. 24 56 3 51 7 97 k J a n . 6 1 0 0 k J a n . 6 88 k 14 85 6 98 F e b . 17 100 10 125 M a r. 27 140 30 105 J a n . 10 1 0 6 k 125 F e b . 8 130 105 104 k 105 105M 1 0 2 k M a r. 17 103 k M a r. 26 1 0 1 k F e b . 3 103 k 9 2 k M a r. 6 9 3 k M a r. 4 9 1 k J a n . 5 95 k M a r. 3 1 0 0 k J a n . 21 103 1 0 1 k M a r . 4 103 Feb. Jan. Feb. Feb. Feb. F eb . M a r. M a r. Jan. Jan. 13 17 18 11 2 10 9 9 7 14 6 12 28 Jan. 6 F e b . 24 M a r. 3 32 BONDS—STOCK EXCHANGE RECOKD BONDS N. Y. ST O C K E X C H A N G E. M e t W est Side E le v (C hicago) 4s '38 F A M id -C o n tin e n t P e tro l 1st 63*s_1940 M S M id v ale S t & O rd co n v s f 5 s . .1 9 3 6 M S M ilw aukee E l R y & L t cons 5 s . 1926 F A R efu n d in g & e x t 4 ? * s______ 1931 J J G eneral & re fu n d in g 5s A __ 1951 J D 1st & re f 5s ser B __________ 1961 J D 1st & re f g 6s series C _______ 1953 M S M ilw aukee G as L t 1st 4 s______ 1927 M N M o n ta n a P o w er 1st & re f 5s A . 1943 J J M o n t T ra m 1st & re f A 5 s_____ 1941 J M o rris & Co 1st s f 43*s______ 1939 J M o rtg ag e-B o n d Co 4s se r 2 ___ 1966 O 10-20-year 5s series 3 ______ 1932 J M u rra y B o d y 1st 63*s________ 1934 J D M u tu a l F u e l G as 1st gu 5 s____1947 M N M u tu a l U nion T e l 5 s__________1941 M N N a ssau E lec g u a r gold 4 s _____ 1951 J J N a t E n a m & S tp 1st 2 0 -yr 5s__1929i J D N a tio n a l A cm e 1 st 73*s_______ 1931 J D N a t S ta rc h 20-year d e b 5 s____ 1930I J J N a tio n a l T u b e 1st 5 s__________1952! M N N ew ark C o n G as 5 s___________19481J D N ew E n g lan d T & T 3 0 -y r 5s__1952 J D N Y A ir B ra k e 1st co n v 6 s ____1928 M N N Y D o ck 50-year gold 4 s ____ 1951 F A N Y E d iso n 1st & re f 6 3 * s____1941 A O 1st lien & re f 5s B te m p _____1944 A O N Y G as E l L t H t & P o w 5 s__ 1948 J D P u rch a se m oney coll t r g 4 s . 1949 F A N Y L E & W C oal & R R 5 3 * s .l9 4 2 : M N N Y M u n ic R y 1st s f 5 s______ 1966 J J N Y Q ueens E L & P 5 s______ 1930 F A N ew Y o rk R y s 1st & re f 4 s____1942 ! J J T r u s t Co c e rtfs o f d e p o sit_______ A d ju stm e n t incom e 5s, J a n 1942 A O T r u s t Co c ertfs o f dep o sit N Y & R ich G as 1st 6s A ______ 1952 M N N Y S ta te R y s 1st cons 43*s__1962 M N R e g iste re d ___________________ M N 1 st con 63*s ser B __________ 1962 M N N ew Y o rk S team 1st 6 s_______ 1947 M N N Y T e l 1st & gen s f 4 ?* s___ 1939 M N 30-year d e b en tu re 6 s_______ 1949 F A 20-year refu n d in g 6s g o ld __ 1941 A O N ia g ara F alls P o w er 1st 5 s____1932 J J R efu n d in g & gen 6 s____J a n 1932 A O N ia g ara L ock & O n t P o w 1st 5s 1954 M N R efu n d in g 6s series A ______ 1958 F A N o rth A m er E d iso n C o 6s A . .1 952 M S S e c s f g 6?*s series B _______1948 M S N o r Ohio T ra c & L t gen & r e f 6s 1947 M S N o rth S ta te s P o w er 5s A _____1941 A O R eg iste re d ______________________A O 1st & re f 6s series B ________ 1941 A O N o rth w B ell T e l 1st ser A 7 s . .1941 F A N o rth w e st T eleg 1st 4 34s____ 1934 J J Sales in March. Par Value. Price Jan. 2 1925. B id . A sk . 22,000 70 X 348.000 642.000 87 M Sale 241.000 100 M 100 M Sale 31.000 95 Sale 66.000 96 152.000 84 J* Sale Sale 190.000 99 32.000 97 M 98 J* Sale 218.000 98 191.000 94 M Sale 226.000 78 M Sale 2,000 76 M 20.0 0 0 95 M 97 M 225,000 97 3,000 94 95 M 103,000 60 Vi Sale 98 99',666 93 H Sale 97 X 38.000 100 M 101 100 14.000 98 Sale 151.000 100 10.000 104 104 M 47,000 77 ?* 783* 434.000 113M Sale 857.000 Sale 111.000 102 205,000 86 M Sale 101J * .......... 80 M .......... 6 ,0 0 0 9 9 ? * ------Sale 9.000 45 437.000 44 M Sale 4M Sale 42.000 4 43* 201.000 Sale 8.000 100 Sale 65.000 67 4,000 89 16.000 59.000 97?* Sale 261,000 96 )< Sale Sale 123.000 108 315.000 106 M Sale Sale 30.000 105 28.000 101?* Sale 27.000 104 % 90.000 104?* 305.000 97 a Sale Sale 206.000 101 486.000 92 M 92 M 235.000 93 3* Sale 105 45,000 104 107 H Sale 5.000 94 M ------ R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2. Bid. 72 M 90 H 101 95M 98 88 100 ?* 96?* 84?* 77 M 96 98 M 95?* 99 61 Vs 97 Vs 87?* 98 M 101M 99 99?* 104 78 M 114?* 100 101M 86 M 100 80?* 100 50?* 50?* 5 4?* 99 M 65 M Lowest. M arch 31. A sk. Bid. 75?* 96 Sale 90?* 101?* 100 M Sale 95?* Sale 96 M Sale 86?* Sale 99 Sale 99 Sale 99 Sale 95?* Sale 83?* 77 97 M 96 Sale 98?* 96 M 96 99 Sale 59 99 98 Sale 83?* 98 M Sale 100?* 99 M 98 M Sale 99?* 104?* 104 78?* Sale 112?* Sale 100 Sale 102?* 86?* 87?* 96 80?* 100?* 56 47?* Sale 47?* 5M 5 4 99?* 99 M Sale ------- A sk. Sale Sale 74 Sale 95?* Sale 90?* Sale 100?* Sale 95?* 97?* 94 Sale 86 Sale 98?* Sale 98?* Sale 99 Sale 95?* Sale 833* 77 Sale 96 Sale 98 96?* 95?* Prices. M a r. 24 M a r. 62 M a r. 18 M a r. 18 M a r. 25 M a r. 11 M a r. 30 M a r. 24 M a r. 10 M a r . 19 M a r. 25 M a r. 11 M a r. 26 M a r. 5 M a r. 2 M a r. 10 Sale 99 Sale 59 M a r. 25 62 83 M a r. 31 89 Sale 99 Sale 104M Sale Sale Sale Sale Sale Sale 80 97?* 91 101?* 95?* 98 88?* 1003* 99 99?* 96?* 84?* 77?* 96?* 98?* 96?* M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 101?* 99 1003* 104?* 79?* 114?* 1003* 102?* 87?* 100 483* 45?* 4?* 4 Sale 99?* 993* 64?* 64 63 88?* 90 89?* 100 Sale 99?* 99?* Sale 100 M Sale 953* 96 M Sale 96 M Sale 108?* Sale 1093* Sale 108?* 106 M Sale 107?* Sale 106?* 101 101?* 100 M 101M 101 104?* Sale 104 105 M 109?* 110 109?* 106M 108?* 109 109 % Sale 107?* 100?* Sale 100M Sale 100 102 M Sale 103 M Sale 102?* 95 95?* Sale 95?* Sale 96?* Sale 95?* 95 M Sale M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 100 52 52 105?* Sale 95 Sale 112 109 M 102 M 98?* 99 98 M 99 93 H 95 % 99 S t Jo se p h R y , L H & P 1st 5 s_.1937 M N 86 M 48.000 85 S t Jo se p h Stock Y ard s 1st 4 M s. 1930 J J 95 98 S t L R k y M t & P a c 5s stam p ed _ l9 5 5 J J 79?* 56,000 78 S t Louis T ra n gu im p 5s______ 1924 A O 74 Sale S t P a u l C ity R y C able 5s_____ 1937 J J 2,000 95 96 M Saxon P u b W ks (G erm any) 7 s . 1945 F A 282,000 Saks & Co 7 s_________________ 1942 M S Sale 39.000 107 San A ntonio P u b lic Serv 6s__ 1952 J J 55.000 99?* Sale Sharon Steel H oop 1st 8s_____1941 M S Sale 68.000 106 Sheffield F a rm s 1st & re f 6 M s. 1942 A O Sale 18,000 105 S ierra & San F ra n Pow er 1st 5 s . 1949 F A Sale 37.000 90 S in clair C ons Oil 1st lien 7s__ 1937 M S Sale 431.000 88 1st lien 6s C w ith w a r r a n ts .. 1927 J D 2.640.000 1st lien coll 6 Ms B _________ 1938 J D Sale 362.000 83 S inclair C ru d e Oil P u rc h 5 M s ..1925 A 18.000 99 3* Sale 6% n o te s series A ___________1928 F 877.000 6% n o te s series B ___ F e b 15 1926 F Sale 79.000 Sinclair P ip e Line 20-year 5 s . . 1942 A Sale 206.000 82 Skelly Oil 6% n o te s ___________1927 A 2.043.000 108 M Sale So P o rto R ico Sugar s f 7 s ___1941 J 102?* 123.000 102 S o u th B ell T & T 1st s f 5 s____1941 J 188.000 96?* Sale Southw B ell T e le p 1st & re f 5 s. 1954 F 769.000 96 M Sale S o u th e rn C olorado Pow er 1st g 6s’47 J J Sale 230.000 94 Spring V alley W ater g 5 s_____ 1948 M N 3.000 97 97 M S ta n d G as & E l co n v d eb 6 M s. 1933 M S 608.000 106M Sale S ta n d a rd M illing 1st 5 s_______ 1930 M N 55.000 100 1 00 ?* S teel & T u b e gen s f 7s ser C ..1 9 5 1 J J 99.000 105 105?* S ugar E s ta te s O rien te 7 s_____ 1942 M S 55.000 96?* Sale Su p erio r Oil 1st s f 7 s________ 1929 FA15 9.000 98 99 M Syracuse L ig h tin g C o 1st g 5s_l951 J D 27.000| 96 M 98 S y racu se L ig h t & P o w er s f 5 s .l9 5 4 J J T e n n C oal, Iro n & R R gen 5 s ._ l9 5 1 J J 26,000 1 0 2 ? * .......... T ennessee C o p p er 1st co n v 6 s . 1925 M N ---------1 101 103 3* 88 88?* 953* 97 81?* Sale 74 75 95?* 96?* Sale 92 106?* Sale 101?* Sale Sale 107 1053* 105?* 91?* 92 93?* Sale 114?* Sale 88?* Sale 99 3* 100?* 1003* Sale 88?* 88?* 85?* Sale 117?* Sale 102 3* Sale 99?* Sale 97?* Sale Sale 96 97?* 97 1153* Sale 99 3* 100 106?* Sale 963* 97 99?* 98 98?* 98?* 100 943* 105 Vi 1153* 95?* 99 107?* 96 104?* 96 100 3* 95 3* 103?* 104 98 92?* 100 99 95?* 89 3* 99?* 106 95 M 114 110 104 M 97?* 102 104 M 106 M 90 94 M 93 M 88 3* 68 82 103 110?* 1103* n o ? * Sale 101 101?* 97?* Sale 99?* Sale 983* Sale 96?* Sale Sale 90?* Sale Sale Sale 95 Sale 98?* Sale Sale 100 100?* Sale 953* Sale Sale 1053* Sale Sale 112 ?* Sale Sale 96?* 95 99 Sale 108?* 110 Sale 953* 96 Sale 104?* Sale Sale Sale 96 Sale 100 Sale Sale 91?* Sale 104 1033* Sale Sale 101 Sale 97?* 99 94 M 923* 93?* Sale 100?* Sale 98?* 95?* 95?* Sale 863* 87 Sale 96?* 97?* 105?* Sale 105 M 102 ?* 104 Sale 95?* Sale 115 112 115 Sale n o ? * 111 104?* 1043* 104?* Sale Sale 96 Sale 99?* Sale 104 3* 107 104?* Sale 90 M 883* Sale Sale 94?* Sale Sale 91 Sale 89 Sale 99 68 70 M 66 110 Sale 103?* 104 Sale — 723* 89?* 94?* 803* 553* 94?* 92 1053* 101?* 1063* 1053* 91 913* 106?* 87?* 1003* 99 3* 843* 108?* 104 99?* 983* 95 96?* 113?* 99?* 107?* 963* 97 99?* F eb . M a r. Jan. Jan. Jan. Jan. M a r. M a r. Feb. Jan. Feb. Jan. Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1003* F e b . 54?* F e b . Feb. 54 Feb. 6 5?* F e b . Jan. 100 68?* J a n . M ar. 63 903* J a n . M ar. 101 M ar. 97 110 M a r . 107?* F e b . 102 ?* J a n . 1053* F e b . 110 M a r . M ar. 110 101?* M a r . 104?* F e b . 963* F e b . 96?* F e b . 93?* J a n . 107?* M a r. 107?* J a n . Jan. 95 M a r. 2 95 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 953* 993* 104 104?* 88 94 91 883* 67 110 1033* 73?* 104?* M a r. M a r. 21 97?* M a r. M a r. 1023* M a r. M a r. 106?* M a r. M a r. M a r. 107 M a r. 90?* M a r. M a r. 95?* M a r. M a r. 933* M a r. M a r. M ar. 90 M ar. M a r. 68 M a r. M ar. 110 M ar. 103?* M a r. M a r. M a r. 82 95 Sale Sale 102 ?* Sale Sale Sale 80 97?* 91?* 101?* 95?* 98?* 893* 100?* 99?* 99?* 96?* 84?* 77?* 96?* 98?* 963* 99 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. 63 89?* 101 97 110 107?* 101?* 105?* 110 110 101?* 104 97 963* 104?* 104?* M a r. 30 107?* 95 Prices. J a n . 16 M a r. 26 Jan. 2 Jan. 8 Jan. 2 M a r. 11 Jan. 2 Jan. 2 J a n . 16 Jan. 2 Jan. 3 Jan. 2 M a r. 26 Jan. 8 J a n . 22 J a n . 22 F e b . 11 M a r. 25 F e b . 25 M a r. 31 J a n . 19 Jan. 2 M a r. 20 M a r. 24 Jan. 2 Jan. 7 M a r. 19 F e b . 10 Jan. 8 Jan. 5 110 107?* 993* 97?* 99 98?* 95?* 89?* 94?* 98?* 993* 94 105 109 95?* 96 107?* 95?* 104?* 953* §93* 90 103?* 1003* 97?* 92?* 993* 98?* §5 86 96?* 1053* 1033* 95?* 112 5 43* 99?* 663* 110 M ar. 104?* M a r . 112?* 110?* 1023* 99 98?* 983* 99?* 94?* 95?* 99?* 100?* 953* 106?* 118?* 97 99 108?* 96 104?* 97 1013* 96 104 101?* 983* 93?* 1003* 98?* 96 90?* 99?* 107 103?* 97 112 111 M a r. M ar. M ar. M ar. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M ar. M a r. M a r. 90 88 793* M a r. 19 81?* M a r. 95 92 1053* 101 106?* 105?* 91 913* 105?* 87 100 Sale 99?* Sale 993* Sale 84?* Sale 107?* Sale 1023* Sale 99?* Sale 97?* 95 96 97?* 96?* Sale 112?* 99?* Sale 106?* Sale 953* 99 ?„ 98 99?* 98?* 18 4 4 9 9 19 6 25 4 30 27 2 31 26 9 27 5 13 17 20 10 M a r. 4 91?* M a r. 21 M a r. 19 96 M a r. M a r. 2 92?* M a r. M a r. M a r. 25 107 M a r. 101?* M a r. M a r. 107?* M a r. M a r. M a r. 106 M a r. 91?* M a r. M a r. 933* M a r. M a r. 1153* M a r. M a r. M a r. 89 M ar. 100 ?* M a r. M ar. 100 ?* M a r. M ar. 1003* M a r. M ar. 853* M a r. M ar. 118?* M a r. M a r. M ar. 104 M ar, 100 M a r. M ar 99?* M ar. M ar. 96?* M ar. M ar, M ar 97 M ar 1243* M ar, M ar 100 M a r M ar 107?* M ar, M ar, 97 M ar M ar M ar 99 M ar 99?* M ar, 27 14 11 11 13 2 6 25 8 30 27 2 25 10 26 27 5 13 11 28 27 22 23 2 16 108 J a n . 112 ?* M a r . 2 107?* J a n . 110?* J a n . 9 F e b . 20 983* J a n . 103 F e b . 29 973* J a n . 99 98 Feb. 99?* M a r . 18 97 Jan. 993* F e b . 5 95?* M a r. 1003* F e b . 11 89?* M a r. 95?* F e b . 13 93?* J a n . 96?* F e b . 6 98 Jan. 99 % J a n . 30 99?* J a n . 1003* M a r . 12 92?* J a n . 953* M a r . 14 106?* M a r. 24 1043* J a n . 103 Jan . 118?* M a r . 3 M a r. 7 95?* J a n . 97 M a r. 11 95 Feb. 99 107 Jan. 108?* J a n . 15 F e b . 18 94?* J a n . 97 F e b . 16 101?* J a n . 105 M a r. 7 93?* J a n . 97 99?* F e b . 101?* J a n . 6 90 M a r. 96?* F e b . 20 Feb. 4 102?* J a n . 105 J a n . 12 102 99?* J a n . 97 Jan. 98?* M a r. 7 Jan. 9 92?* M a r. 94 F e b . 25 101 993* J a n . J a n . 22 98?* J a n . 99 F e b . 28 96 923* J a n . 84?* J a n . 90?* M a r. 3 94 Jan. 993* F e b . 16 M a r. 9 107 105?* J a n . Feb. 9 103?* M a r. 106 M ar. 2 93?* J a n . 97 104 Jan. 1153* J a n . 15 F e b . 11 111 110 J a n . 104J* F e b . 2 104?* M a r. F e b . 10 95 J a n . 12 98 983* J a n . 2 102 ?* F e b . 20 1023* J a n . 106?* M a r. 26 102?* J a n . 1073* F e b . 26 J a n . 26 92 88 M a r. 95?* J a n . 23 933* J a n . F e b . 25 91 M a r. 94 M a r. 11 883* M a r. 90 67 Jan . 733* J a n . 29 M a r. 27 110 M ar. 110 1033* M ar. 1033* M a r. 12 73?* M a r. 83?* J a n . 19 M ar. 81?* 96 Sale Sale Sale 107 106?* 91?* Sale Sale Sale Prices. M ar. 5 M a r. 13 F e b . 13 F e b . 28 F e b . 25 J a n . 23 F e b . 26 F e b . 26 F e b . 27 M a r. 4 M a r. 3 F e b . 21 M a r . 24 F e b . 19 F e b . 19 F e b . 16 F e b . 11 Jan. 8 63 Feb. 6 99 Jan. 8 94 99?* F e b . 3 101?* M a r. 27 Jan. 8 l8 § 8 Jan. 5 104?* M a r . 13 80?* F e b . 6 F e b . 16 115 100 ?* F e b . 10 102?* J a n . 2 87?* M a r . 31 Sale Prices. M a r. 5 70 )< M a r. 13 95?* M a r. 2 87?* M a r. 5 100 M a r. 2 95 M a r. 2 94 M a r. 3 843* M a r. 2 99 M a r. 18 96?* M a r. 4 97?* M a r. 3 94 M a r. 3 78?* M a r. 26 77 M a r. 23 95?* M a r. 2 97 M a r. 6 95?* 99 M a r. 10 59 973* M a r. 2 83 98 M a r. 27 100?* M a r . 9 983* M a r . 4 99?* M a r. 13 104 M a r . 13 77?* M a r . 15 112 M a r . 3 100 M a r. 31 100?* M a r. 31 86 993* 48?* 42?* 43* 33* 99?* 64 63 88 97?* 95 1073* 106?* 1003* 103?* 1043* 104?* 963* 100?* 92?* 93 93?* M a r . 23 103?* 107?* M a r . 2 94?* 48 49 H ighest. Lowest. H ighest. 100?* 98M 99M 104 78 112 100 101?* 86?* O hio P u b lic Serv 1st & r e f 7 3*s_ 1946 A O 42.000 110?* 110?* 1st & re f 7s series B ________ 1947 F A 15.000 107 M 108 Ohio R iv er E dison 1st 6 s_____1948 J J 73.000 97 J* 973* O ld B en C oal 1st g 6 s________ 1944 F A 100,000 97 H Sale O n tario P o w er N F 1st 5 s____ 1943 F A 76.000 98 V8 Sale O n tario T ransm ission 1st 5 s__ 1945 M N 39.000 96 M Sale O tis S teel 1st 20-year 8 s______194 I F A 85.000 99 1st 25-year s f 7 34s series B ..1 9 4 7 A 106,000 91M Sale P acific G & E gen & r e f 5 s____1942 J 203.000 93 M Sale P ac ific Pow & L t 1st & re f 5 s . .1930 A 58.000 98 J* Sale P acific T e l & T e l 1st 5 s_______ 1937 J J 100.000 99 M Sale 3 0-year 5s series A __________1952' M N Sale 876.000 93 P an -A m P e t & T 1st lien 7s___1930 F A 189.000 104?* Sale Sale C o n v sinking fu n d 6 s_______ 1934 M N 7.968.000 103 P ark -L ex in g to n leasehold 6?*s_l953 J J 646.000 96 J* Sale P a te rs o n & P assaic G & E 5 s . . 1949 M S 3.000 97 P eo p le’s G as & C oke 1st 6 s___ 1943 A O 108 55.000 107 R efu n d in g gold 5 s___________1947 M S 37.000 94 ?* 95 X P h ila C o m p an y 1st & re f 6 s__ 1944 F A 169.000 101?* Sale 15-year co n v deb 53*s_________1938 MS 187.000 93?* Sale P h ila & R ead C & I re f 5 s_____ 1973 J J 175.000 100?* Sale P ierce A rrow d e b 8s_____________ 1943 Ms 362.000 96 M Sale P ie rc e Oil C o rp s f 8 s_________ 1931 J D 50.000 103M Sale P illsb u ry F lo u r M ills 20-yr 6s .1943 A O Sale 33.000 P le a sa n t V alley C oal 1st 5 s__ 1928 J J 98 6.000 97 P o c a h o n ta s C on C oll 1st s f 5 s . 1957 J J 28.000 93 M 94 P o r t A rth u r C an al & D ock 6s__1953 F A 33.000 99 M 100 P o rtla n d G en E lec 1st 5 s_____1935 J J 2,000 98 H Sale P o rtla n d R y 1st & re f 5 s______ 1930 M N 39.000 92 M 93?* P o rtla n d R y , L & P co n v 5 s__ 1942 F A 113.000 84)* Sale 1st lien & r e f 6s series B ____1947 M N 133.000 94 94M 1st & re f 73*s series A ______ 1946 M N 25.000 105M Sale P o rto R ico A m er T o b acco 8 s..1 9 3 1 M N 27.000 106 Pressed Steel C ar 10-year 5 s___ 1933 J J 158.000 94 % Sale P ro d & R ef 8s w ith w a rra n ts _1931 114 2 ,0 0 0 112 W ith o u t w a rra n ts _________ 24.000 110 111 P u b lic Serv C o rp N J gen 50-yr 5s’59 43.000 104 M 104?* Secured gold 6 s_____________ 1944 2.143.000 Sale P u b lic Serv E & G 1st 53*s____1959 150.000 99 P u b lic Service E lec L t s f g 6s __ 1948 108.000 103?* Sale P u n ta A legre S ugar 1st co n v 7s_ 1937 Sale 106,000 103 R em in g to n A rm s 1st s f 6 s____ 1937 M N 68.000 90?* Sale R ep u b lic Iro n & S teel s f 5 s__ 1940 A O 71.000 94 M Sale R e f & gen 53*s A ___________1953 J J 143.000 92?* Sale R im a Steel 1st 7 s_____________ 1955 F A 129.000 R o b b in s & M y ers 1st s f 7 s____1942 J D 70 2 ,0 0 0 66 R o ch ester G as & E l 7s ser B _1946 M 3,000 G en M tg e 5 Ms series C _____ 1948 M .. 60.000 R ogers-B row n Iro n 7s________ 1942 M N 13.000 81?* 83 [Y ol. 120. 2 853* J a n . 773* 74 95 92 104 993* 1053* 105 90 88 82?* 993* 993* 99?* 82 1063* 102 99 963* 93?* 943* 1063* 993* 105 95?* 98 973* 7 913* M a r. 21 J a n . 8 81?* F eb. 7 J a n . 2 81?* F eb. 3 M a r. 25 J a n . 19 96 M ar. 2 92?* M ar. 2 F e b . 7 1073* J a n . 28 J a n . 6 1013* F eb. 25 J a n . 3 1073* Feb. 26 J a n . 2 106?* F e b . 4 J a n . 2 92?* F e b . 18 J a n . 2 953* F e b . 2 120 Feb. 3 90?* F e b . 3 Jan . 100?* J a n . 16 Jan . 101 Feb. 5 Jan. 101?* J a n . 16 Jan . 86?* F e b . 9 Jan. 120?* F e b . 2 Jan. 104 M a r. 25 Jan. 100 Jan . 6 Jan. 99?* M a r. 3 0 Jan . 97?* F e b . 2 Jan . J a n . 27 Feb. Jan . 1243* M a r. 3 J a n . 13 100?* J a n . 3 J a n . 6 107?* M a r. 30 M a r. 27 973* J a n . 15 F e b . 16 J a n . 9 99 J a n . 22 993* M a r. 28 101?* 1033* 101?* Sale 101?* M a r. 6 102?* M a r. 30 1003* F e b . 24 102?* J a n . 12 J a n . 20 100?* 101?* 100 1 0 1 ? * _____________ I______________100?* F e b . 6 102 A pril, 1925.] 23 BONDS AND STOCKS-STOCK EXCHANGE RECORD BONDS S r N. Y. ST O C K EX C H A N G E. Cs sa. Sales in M arch. Par Value. T erm E lec P o w er 1st & re f 6 s. .1 9 4 7 J D T h ird A ve 1st r e f 4 s___________1960 J J A d ju stm e n t incom e 5 s______ 1960 A O T h ird A ve R R 1st gold 5 s_____1937 J J T id e W ater Oil 10-yr g 63*s_ — 1931 F A T oledo E d iso n 1st g 7 s_______ 1941 M S T oledo T ra c L & P 6% n o te s..1 9 2 5 F A T re n to n G as & E lec 1st 5s____1949 M S T w e n ty -th ird S t R y im p & re f 5s ’62 J J U n d e rg r’d o f L on d o n 4 ?* s_____ 1933 J J Incom e 6 s__________________ 1948 J J U nion B ag & P a p 1st 6 s______ 1942 M N U nion E l L & P 1st g 5 s............ .1 9 3 2 M S R efunding 5 s_______________ 1933 M N 1st gold 53*s series A _______ 1954 J J U nion E lev R y C hic 1st 5 s___ 1945 U nion Oil C al 1st 1 5 s_________ 1931 30-yr 6s Ser A _________ M a y 1942 U nion T a n k C ar eq u ip 7 s_____ 1930 U n ite d D ru g g 6 s_____________ 1944 U n ite d F u e l G as 1st s f 6s_____1936 U n R ys In v 5s P itts iss_______ 1926 M N S ta m p e d _______________________ U n ite d R y s S t L 1st g 4 s_____ 1934 J J U n ited Steam ship 15-yr 6 s____ 1937 M N U n ite d Stores R e a lty 6 s_______ 1942 A O U 8 R u b b er 1st & re f 5s Ser A . 1947 J J 10-year 7?*s_____ 1930 F A U S S m elt R e f & M co n v 6 s__ 1926 F A U S S teel C o rp s f g 5 s__ A p r 1963 M N R eg iste re d ______________________ U ta h L ig h t & T ra c 1st & re f 5 s . 1944 U ta h P o w er & L t 1st 5 s_______ 1944 U tic a E lec L & P 1st s f 5s g . . . 1950 U tic a G & E l re f & e x t 5 s_____1957 V ictor F u e l 1st s f 5 s__________1953 V a-C ar C hem 1st 7 s___________1947 C ertificates o f d e p o sit__________ C ertfs o f d ep s ta m p e d __________ 7?*s w ith & w ith o u t w a r’ts .,1 9 3 7 J J C tfs o f d e p w ith o u t w a rra n ts J J C tfs o f d ep w ith w a rra n ts _____ J J Va Iro n , C oal & C oke 1st g 5 s. 1949 M S Virginia R y & P ow 1st 5 s_____ 1934 J J V ertien tes Sugar 1st s f 7 s____1942 W arn er Sugar R ef 1st 7s______ 1941 W arn er Sugar C o rp 1st 7 s_____ 1939 W ash W a t Pow 1st 30-yr 5 s__ 1939 W estch ester L ig h t gold 5s_____ 1950 W est K y C oal 1st 7 s__________1944 M N W est P e n n Pow 1st 5s Ser A __ 1946 M S 1st 40-year 6s Ser C ________ 1958 J D 1st 3 0-year 7s Ser D _______ 1946 F A 1st 5s Series E ______________ 1963 M S l s t g 5 ? * s Ser F .......................... 1953 A O W est Va C oal & C oke 1st 6s_.1950 J J W estern E le c tric d e b 5 s_______ 1944 A O W est U n Coll t r c u r 5 s________ 1938 J J F u n d & re a l e st 4?*s g ______ 1950 M N 15-year 6 3 * s g --------------------- 1936 F A W estlnghouse E & M 7 s______ 1931 M N W ickw ire-Spencer S t 7 s_______ 1935 J J C ertificates o f d e p o sit__________ W illys-O verland 1st s f g ______ 1933 M S W ilson & Co 1st s f 6 s________ 1941 A O R e g iste re d ___________________ A O 10-year co n v s f 6 s _________ 1928 J D C ertificates o f d e p o sit________ 10-year conv s f 7 ?* s_______ 1931 F A C ertific a te s o f d e p o sit________ W inchester R ep A rm s 7?* s____ 1941 A O Y oungs’n Sheet & T u b e 6 s____ 1943 J J a On th e basis o f $5 to th e £ sterlin g , s O p tio n al sale, t B onds “ w hen is su e d .” z 963*; t/J a n . 27, 104?*; z J a n . 14. 107. 307.000 204.000 631.000 33.000 76.000 106.000 39.000 48.000 59.000 132.000 160.000 3,000 44.000 58.000 96.000 181,000 48.000 96.000 66.000 44.000 280,000 116,000 516.000 229.000 183.000 611.000 30.000 179.000 163.000 23,000 977.000 109.000 78.000 185.000 5.000 3.000 15.000 125.000 39.000 136.000 228.000 4.000 24.000 23.000 77.000 37.000 28.000 95.000 36.000 174.000 342.000 258.000 46.000 70.000 107.000 186.000 118,000 85.000 244,000 Price Jan. 2 1925. Bid. 99% 55 48 X 95 102 % 108?* 100 ?* 97% 67% 88 % 85 95% 100% 98% 99?* 102?* 103 J* 100?* 98 100 100 74?* 91 % 103 85?* 104?* 101?* 104?* A sk . Sale Sale Sale Sale Sale Sale 100 % Bid. 101?* 55?* 41 94?* 103?* 109?* 100?* 97?* Sale 64 90?* 84?* 96 95?* Sale 99?* Sale 99 101 75?* 75?* 100 102 ?* 103 Sale 104?* 102 ?* Sale Sale 100 ?* 100?* 100 ?* Sale 100 Sale 72?* Sale 94?* Sale 103?* 86?* Sale Sale 106?* Sale 101?* Sale 105?* 83?* Sale 91 Sale 9 9 ? * -----9 8 ? * -----50 53 74 Sale .......... 71 44?* Sale 43?* 45 A sk . Sale Sale Sale 95?* Sale Sale 100?* M arch 31. Sale Sale Sale Sale 77?* 100?* Sale Sale Sale Sale Sale Sale Sale 103?* Sale Sale Sale Sale 86 83 Sale 49?* 48 Sale 96 94?* Sale Sale 100 ?* 100 102?* Sale Sale Sale Sale Sale 99 Sale Sale 102 100 ?* 99 100 ?* 93?* Sale 110?* Sale Sale 107?* Sale Sale 86?* Sale Sale 76?* 86?* Sale 100 Sale Sale 94 Sale Sale 67?* 67 550.000 55?* Sale 67 13.000 56?* Sale 67?* Sale 735.000 54?* Sale ____ 67 Sale 19.000 54 101?* Sale 40.000 101?* Sale 98?* Sale 479.000 95?* Sale b On th e basis of four m a rk s to F la t p ric e . C ash sales as follows: Lowest. H ighest. Lowest. Sale Prices. Prices. M a r. 2 99?* J a n . 2 M a r. 23 M a r. 7 52 M a r. 3 M a r. 9 40 M a r. 10 94?* J a n . 27 M a r. 6 102?* J a n . 2 M a r. 2 1083* J a n . 2 M a r. 27 100J* J a n . 10 98 F e b . 17 653* F e b . 9 61?* 89 J a n . 6 863* F e b . 3 86 96?* M a r. 20 94J* J a n . 23 93?* 95?* 943* M a r. 100 ?* 100?* 99?* M a r. 1013* M a r. 4 99?* J a n . 3 99 M a r. 99?* Sale 99?* M a r. 28 983* J a n . 5 M a r. 14 100 ?* Sale 100 M a r. 101?* M a r. 6 100 F e b . 10 77 3* M a r. 3 75 75?* 77?* 77?* M a r. 100 M a r. 100 ?* 100 ?* M a r. 3 99?* F e b . 3 104?* 103 M a r. 1043* M a r. 25 102?* J a n . 8 M a r. 9 1033* J a n . 2 104?* 105 104J* M a r. 105 M a r. 101?* Sale 101 1023* M a r. 2 1003* J a n . 5 Jan. 2 100?* M a r. 2 98 1003* Sale 100 M a r. M a r. 24 99 M a r. 99 100 100?* M a r. 2 99 M a r. 2 99?* M a r. 14 99?* M a r. 99?* 100 100 M a r. 14 69?* 70?* 70 M a r. 723* M a r. 2 70 Jan. 5 92 M a r. 94?* Sale 95?* M a r. 11 91 104?* Sale 1033* M a r. 104?* M a r. 30 102?* F eb . Sale 85 M a r. 85 863* M a r . 2 85 J a n . Sale 104?* M a r. 106?* M a r. 2 1043 J a n 105 100 ?* Sale 100?* M a r. 101?* M a r. 2 100? F e b . 6 Sale 105 M a r. 2 104?* J a n . 13 106 M a r. 105 104?* M a r. 25 103?* J a n . 12 1043* M a r. M a r. 3 83?* J a n . 84?* Sale 87 84?* M a r. Jan . 93?* Sale 95?* M a r. 5 91 933* M a r. 98?* F e b . 993* 98?* 99?* 98?* M a r. 13 99?* M a r. 19 98?* J a n . 53 Jan. 553* Jan. 853* Sale 87?* M a r. 6 73 84 M a r. M a r. 7 71?* J a n . 84?* Sale 87 81 M a r. M a r. 6 68 Jan. 84 M a r. 803* 813* 80 M a r. 31 43 M a r. Sale 46 49?* M a r. 2 43 42?* M a r. 43?* M a r. 27 423* M a r. 4 46 J a n . 13 46 M a r. M a r. 27 41 43?* Sale 46 M a r. 2 913* M a r. 19 91 93 91?* 91?* M a r. M a r. 6 93?* J a n . 95 96 Sale 94 M a r. Jan. 93 94?* M a r. 3 M a r. 93?* 93 92?* 93 973* M a r. 2 89?* J a n . 90?* M a r. M a r. 2 77?* J a n . 78 M a r. Sale 78 84 100?* 99?* M a r. 100?* M a r. 26 99?* F e b . 13 M a r. 27 M a r. 99?* 100?* 98 100 3* M a r. 18 98 101?* M a r. 1023* M a r. 23 99?* F e b . 26 Jan . 9 97?* M a r. 18 95 llV& 96?* 96?* M a r. 105?* Sale 105?* M a r. 106?* M a r. 20 104?* J a n . 13 107?* Sale 107 107?* M a r. 10 105?* J a n . 3 M a r. 97 M a r. 13 93J* J a n . 5 96?* Sale 96?* M a r. M a r. 14 100?* J a n . 2 1023* Sale 102 103 M a r. M a r. 13 953* M a r. 19 95 95?* M a r. Sale 96 99 98 M a r. Sale M a r. 9 99?* M a r. 31 98 100 Sale 1003* M a r. 9 99?* J a n . 29 99?* M a r. M a r. 14 92?* J a n . 13 93 95 94?* 92?* M a r. 110 110?* M a r. 5 1093 M a r. 21 1103* 1093* M a r. 107?* Sale 107?* M a r. 107?* M a r. 2 1073 F e b . 11 M a r. 3 76 ‘ J a n . 7 Sale 86 85 M a r. 88 M a r. 2 763* J a n . 5 84 M a r. 84 88 85 Sale 2 99?* M a r. 100 100 ?* M a r. 11 99?* J a n . M a r. 7 91 ? J a n . 2 94 M ar. 95?* Sale 96 Feb. 4 93 Jan. 6 74?* M a r. 7 55 673* M a r. 73 Sale 73 M a r. 7 53 M a r. Jan. 2 71?* 71?* 69 77 M a r. 7 53 3* J a n . 9 673* M a r. 74?* Sale 73 M a r. 31 59?* J a n . 19 73 Sale 673* M a r. 101?* Sale 101?* M a r. 1023* M a r. 10 101?* J a n . 2 98 M a r. 11 98?* M a r. 2 95?* J a n . 2 98?* Sale one d o lla r. c F ir s t in s ta llm e n t p a id . d F ull p a id . i D e c . 9. 112?*; k D e c. 1, 102; l J a n . 19, 933*; r J a n . 19. Bid. 101?* 52?* 40?* 93?* 103?* 109?* 100?* 98?* 65?* 59 90?* 86?* 86 Sale 94 99?* 98?* 98?* 55?* 61?* 85?* Sale 49?* 49?* 42 ------- 43 93 91?* 93 95?* 94?* Sale 91?* 92?* 94 97?* 89?* 91 84 89?* Sale 1 0 0 ? * ------- 99?* 100 .......... 99?* 102 96?* 96?* Sale 105?* 104?* Sale 107?* 106 Sale 96?* 93?* Sale 102 100?* Sale 98?* 99?* 99?* 110?* 107?* 77 75 % 100 91?* R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2 . A sk . Sale Sale Sale 95?* Sale Sale Sale Sale 100 ?* 52 40 94?* 103?* 109?* 100?* Prices. M a r. 30 M a r. 23 M a r. 3 M a r. 17 M a r. 19 M a r. 31 M a r. 3 Sale 102 55?* 44?* 94?* 104 110 100?* H ighest. Sale Prices. 102 M a r. 2 583* F e b . 9 50?* F e b . 9 96 F e b . 11 104?* J a n . 12 27 110 F e b . ... 100?* J a n . 23 98 F e b . 17 70 J a n . 13 90?* J a n . 12 883* F e b . 28 97 J a n . 29 1013* M a r. 4 993* J a n . 28 101?* F e b . 27 76?* F e b . 26 1003* F e b . 20 1043* M a r. 25 105?* F e b . 18 104 F e b . 10 1003* F e b . 13 101?* F e b . 27 1003* F e b . 3 74?* J a n . 2 95?* J a n . 16 104?* M a r. 3 0 87 3* F e b . 18 1073* J a n . 29 102 J a n . 13 106 Feb. 3 1053* F e b . 24 88 F eb . 11 95?* M a r. 5 983* F e b . 6 99?* M a r. 19 53 Jan. 5 883* F e b . 10 87 M a r. 7 84 M a r. 6 49?* F eb . 25 483* J a n . 23 463* J a n . 23 93 M a r. 2 96 M a r. 6 94?* M a r. 3 99?* F eb . 6 873* F e b . 9 1003* J a n . 8 102 Jan. 6 102?* M a r. 23 973* M a r. 18 106?* M a r. 20 107?* M a r. 10 97 M a r. 13 103 M a r. 14 96 M a r. 13 99?* F eb . 11 102 F e b . 19 95 M a r. 14 111?* J a n . 21 1083* J a n . 21 J a n . 20 91 M a r. 22 88 100?* M a r. 11 M a r. 7 96 F eb . 4 93 74?* M a r. 7 M a r. 7 73 F eb . 2 68 M a r. 31 73 1023* M a r. 10 993* F e b . 6' e P a r t p a id ' 108; t J a n . 27. STOCKS—PRICES AND SALES FOR MARCH AND THE YEAR TO DATE. In acco rd an ce w ith a ru le o f th e Stock E x ch an ge, effective O c t. 13 1915, all stocks a re now q u o te d dollars p e r sh are. Pricas a re on b asis o f 100-share lo ts . E x cep tio n s o f sto ck s w hich sell only in a sm all w ay a re n o te d b y th e le tte r a . O p tion sales a re disreg ard ed . STOCKS S A L E S TO A P R IL 1. N. T . S T O C K E X C H A N GE In M arch. Par 100 Ann A rb o r. _ . . . 100 P r e f e r r e d .. . ______ 100 A tchison T o p & S F e . . .1 0 0 P r e f e r r e d . . __ ___ 100 A tla n ta B irm & A tl____ 1(H) A tlan C o ast Line R R _ . .100 B altim ore & O hio______ 1(M) P r e f e r r e d .. KM) Bangor & A roostook__ 50 100 B k ln -M au h at tr c tfs . .n o par T ru s t ctfs p re f_____no par B uffalo R och & P it ts __ .100 P re fe rre d . . _______ 100 100 100 C an a d ia n P a c ific ______ 100 ICO C e n tra l R R o f N J _____ 100 C h esap eak e & O hio____ 100 P re fe rre d ___________ 10(1 C hicago & A lto n _______ Kill P re fe rre d ___________ Kill .10(1 C hic & E a s t 111 R R (new)100 Preferred (new) _ 10(1 C hicago G re a t W estern -100 P re fe rre d ___________ 100 C hic M ilw & S t P a u l__ -1(M) P referre d ___________ 10(1 C hicago & N o rth W est. .10(1 P referred - - - - - - - 100 C hic R ock Is l & P a c _. KMI 7 % p r e f e r r e d _______ 100 6% p r e f e r r e d . _____ KMI C hic S t P M in n & O m _ . -KMI P r e f e r r e d .. ________ KMI C O C & S t Louis . _ . KMI C leveland & P ittsb u rg h -.5 0 C olorado & S o u th e rn __ .100 1st p re fe rred ________ 100 2d p re fe rred ________ Kill C u b a R R p re f _______ 100 D elaw are & H u d so n ____ 100 Del L ack & W estern. -.5 0 D en v er R io G r & W p r e f - 150 D e tro it & M a c k in a c . _ _ 100 P referred 100 Shares. 1,100 3,000 178,800 7,400 154,900 30,000 320,630 4,600 7,900 100 95,400 3,400 203 40 400 71,100 50 2,400 79,500 1,000 17.700 67,600 100 10,000 17,200 49,900 112,400 461,500 786,320 92,200 2,000 254,000 5,100 9,500 1,000 1,700 300 14,900 200 600 20,200 17,600 15,200 Since Jan. 1 Price about Jan. 2 1925. Shares. Bid. 4.600 9.000 501,200 22,500 215,900 78,200 592,680 24,800 24.100 400 342,500 18,300 1,291 150 2,300 100 134,238 187 14,600 316,500 5,900 80,400 223,707 700 31,900 45,900 254,600 361,300 651,600 1,194,020 226,200 8,500 851,600 20,800 31,000 6,900 8,700 2,700 76 55,600 1,051 2,200 300 69,800 62,800 79,700 100 200 223* 43 119 93?* 4 1493* 79?* 65 39?* 88 37?* 72?* 64 873* IQS 150 56 293 95?* 107?* 8 ?* 15?* 353* 56?* 9 27 15?* 27 71 1111* 44?* 93 83 53 91?* 141 69?* 45 61 56 89 137?* 144 42?* 51 71 M arch 2. A sk . Bid. 201 Sale 22 Sale 48 Sale 125?* Sale 94?* Sale 3?* Sale 157 Sale 79?* Sale 64?* Sale 393* 95 44 Sale 41?* Sale 80 70 60 92 89 88 903* 503* Sale 147?* 56?* Sale 299 Sale 96?* Sale 108?* Sale 93* Sale 17 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 94 148 70?* Sale Sale 57 Sale Sale Sale Sale 90 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . 35 50?* 13?* 30?* 13 223* 69 3* 115 513* 98 89 48 101 160 693* 57% 62% 56 84 141?* 139 46?* 50 70 March 31. A sk . Bid. 201 25 22 Sale 40?* Sale 118 Sale 94 Sale 5?* Sale 1493* Sale 73?* Sale 633* Sale 36?* 88?* 90 Sale 38?* 83 77 66 50 90 883* 96 85?* 54 503* Sale 1413* 573* Sale 265 Sale 91?* Sale 1063* Sale 0% Sale 12 18?* Sale 30?* 42 51 Sale 9?* Sale 21?* Sale 6 Sale 9?* Sale 54% 116 1103* Sale 42 Sale 92 3* Sale 84?* 39 50 102 80 Sale 140 69?* 553* Sale 64 60 57?* 55 89 85 Sale 135 Sale 129 38?* Sale 40 60 A sk . 23 44 Sale 95 Sale Sale Sale Sale Sale 94 Sale Sale Sale 89?* 90 54 Sale 270 Sale 107 Sale Sale 18?* Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 40 3* 90 160 Sale 63 57 87 Sale Sale Sale Lowest. H ighest. Lowest. H ighest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 22 40 117 943* 3?* 149 71 63 353* 94 353* 76 53 89 88 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 25 48 127 3* 95?* 73* 166 843* 65 3* 393* 94 43 % 81?* 54 89?* 903x7 M ar. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. 1363* 57 k 265 89?* 106?* 63* 113* 53* 29% 40 93* 19?* 5 8?* 52% 1103* 40 3* 92?* 82 40 3* 86 160 M a r. 30 148?* 57?* M a r. 30 305 M a r. 30 97?* M a r. 30 108?* M a r. 31 9% M a r. 31 18 53* M a r. 30 363* M a r. 30 52 M a r. 30 14?* M a r. 30 31 1* M a r. 19 133,* M a r. 19 22% M a r. 27 71 % M a r. 31 117 M a r. 30 54?* M a r. 31 99 M a r. 30 893* M a r. 28 50 M a r. 27 102?* M a r. 2 160 M a r. 27 24 23 24 2 31 30 30 23 M a r. 24 M a r. 28 M a t. 5 M a r. 19 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 51?* M a r. 24 58 M a r. M a r. 26 63?* M a r. 60 56 M a r 26 57 M a r. 133?* M a r. 30 145 M a r. M a r. 30 140 125 M a r. 363* M a r. 24 46 % M a r . 4 22 F eb . 17 27% J a n . M a r . 24 48 M a r. 2 40 2 116?* J a n . 16 127?* M a r. 11 92?* F e b . 17 95?* M a r. J a n . 14 73* M a r. 3 6 M a r. 3 147?* J a n . 16 166 M a r. 30 843* M a r. 6 71 M a r. 30 663^ J a n . 6 63 3 35?* M a r. 23 42?* J a n . Feb. 19 90 Feb. 6 353* J a n . 5 45 13 72?* J a n . 2 81?* M a r. M a r. 5 77 Jan. 6 53 Jan. M a r. 19 92 19 89 16 843* l0 5 Jan. 52?* F e b . 16 52?* F e b . 6 1363* M a r. 30 152?* J a n . 58 Feb. 56 Jan. M a r . 30 321 265 2 89?* M a r. 30 98?* J a n . Feb. 2 106?* M a r. 30 109 6?* M a r. 31 10?* F eb. 6 2 11?* M a r. 31 19?* F eb. 53* 13 29?* M a r. 30 36?* M ar. M a r. 30 57?* J a n . 11 40 9 J a n . 2 15 F eb. 2 2 193* M a r. 30 32?* F eb. M a r. 19 16?* J a n . 5 5 8?* M a r. 19 283* J a n . 5 3 52?* M a r. 27 75?* J a n . M a r. 5 1103* M a r. 31 117 3 40?* M a r . 30 54?* M a r. J a n .f 2 99?* F eb. 2 92 M a r. 30 893* M a r. 3 82 3 403* M a r. 28 59?* J a n . M a r. 27 108 J a n . 3 86 J a n . 5 164?* F eb . 2 148 70% F e b . 5 70?* F eb . F eb. 3 443* J a n . 6 59 F eb. M a r. 26 64 3 60 J a n . 21 58 F eb. 6 54 F eb . 10 86 3 133?* M a r . 30 145?* F eb. 3 125 M a r. 30 144?* J a n . Jan. 2 363* M a r. 24 60 51 F eb . 2 72 Jan. 70 12 22 11 6 3 |6 6 15 5 10 13 28 10 15 16 8 10 3 15 24 9 21 10 13 2 7 6 7 7 12 5 3 21 3 13 13 11 5 18 9 2 2 10 13 12 20 8 [Y o u 120. STOCKS—STOCK EXCHANGE RECORD 24 STOCKS I S A L E S T O A P R I L 1. N. 7 . S T O C K E X C H A N G E In M a rch . S in ce J a n . 1. Par D u lu th S S & A tla n tic __ 100 P referre d _____________ 100 E rie .......................... 100 F irst p re fe rred _______ 100 Second p re fe rred _____100 E rie & P itts b u r g h ________ 50 G re a t N o rth e rn p re f____100 Iro n ore p ro p erties .n o par G u lf M obile & N o rth e rn . 100 P referre d _____________ 100 H udson & M a n h a tta n __ 100 P referre d _____________ 100 Illinois C e n tra l_________ 100 6% p re f series A ______ 100 Leased line s to ck _____100 R R sec sto ck c tfs ____1000 R ig h ts__________________ In te rb o ro R ap id T r a n s it. 100 I n t R y s of C en t A m er__ 100 P referre d _____________ 100 Iow a C e n tra l____________100 K an sas C ity S o u th ern __ 100 P referre d _____________ 100 K eokuk & Des M o in e s .. 100 Lehigh V alley___________ 50 Louisville & N ash v ille__ 100 S h a res. S h ares. M a n h a tta n R y g u a r____100 M o d g u a r____________100 M a rk e t S tree t R y ______100 P referre d _____________ 100 P rio r preferred_______ 100 Second preferred _____100 M ichigan C e n tra l_______ 100 M inneapolis & S t L o u is. .1 0 0 M inn S t P a u l & S S M ..1 0 0 P referre d _____________ 100 Leased lin e __________ 100 M o K a n & T exas C o _ .n o par P referre d _____________ 100 M issouri P acific com ____100 P referre d _____________ 100 M orris & E ssex__________ 50 100 300 4 9 ,9 0 0 7 7 ,0 0 0 7 ,0 0 0 115,700 7 6 ,1 0 0 2 2 ,8 0 0 4 .4 0 0 6 8 ,5 0 0 1 ,8 0 0 2 0 ,7 0 0 2 .4 0 0 590 S a le 3 6 734 222 ,3 0 0 3134 S a le 3234 S a le 2 9 7 ,8 0 0 46 43 Vs S a le 2 6 ,0 0 0 43 71 6014 62 S a le 250 ,9 0 0 70 4 4 2 ,8 3 0 3634 S a le 27 4 7 .7 0 0 26 34 S ale 95 16.700 9214 94 131,109 2534 S a le 23 Vs 8,000 6 4 X S a le 64 X 116 63.700 11614 S a le 6,800 115 117 11634 74 74 76 S a le 1,810 71 72 34 S8 P 6 5 ,4 0 0 2 4 ,1 0 0 262 .7 0 0 7914 S a le 52 ,3 0 0 108 S ale 200 2 ,7 0 0 500 4 9 ,8 0 0 500 700 100 2 6 3 ,3 0 0 5 6 ,6 0 0 111.200 147 ,1 0 0 50 3 .2 0 0 1.700 5 .7 0 0 9 ,4 0 0 3 5 2 ,6 0 0 6 ,3 0 0 Pacific C o a st____________100 F irs t p re fe rred _______ 100 Second preferred _____100 P en n sy lv an ia____________ 50 Peoria & E a s te rn _______ 100 Pere M a rq u e tte ________ 100 P rio r preferred _______ 100 P referre d _____________ 100 P itts C in C hic & S t L ____100 P itts F t W ay n e & C h ic ..1 0 0 P re fe rre d _____________ 100 P ittsb & W est V irg in ia .. 100 P referre d _____________ 100 R ig h ts ________________ R eading C o m p a n y _______ 50 F irst p re fe rred ________ 50 Second p referred ______50 R ig h ts ________________ R ensellaer & S a ra to g a __ 100 R u tla n d R R p re f_______ 100 800 6.200 30 2 8 5 ,2 0 0 3 1 ,2 0 0 9 ,0 0 0 2 2 6 ,0 0 0 600 136,900 2 .4 0 0 6 4 ,9 0 0 1,300 14,300 1,100 2 .4 0 0 10 50 23,700 148 ,7 0 0 8,100 3 ,9 0 0 18,000 1 700 2 0 3 .0 0 0 S t Louis-S an F ran c isco . .1 0 0 7 .4 0 0 P referre d A ___________100 7 8 ,0 0 0 S t Louis S outhw est_____100 8 .7 0 0 P referre d _____________ 100 6 7 ,6 0 0 Seaboard A ir L in e______100 4 2 .9 0 0 P referre d _____________ 100 2 7 7 ,9 0 0 S outhern P acific C o _____100 199 ,2 0 0 So u th ern R ailw ay _______100 13,500 P referre d _____________ 100 261.500 Texas & P acific________ 100 11.300 T h ird A venue___________100 2 ,8 0 0 T w in C ity R ap id T r a n s it.100 200 P re fe rre d _____________ 100 1 4 6 ,400 U nion P acific___________100 4 .4 0 0 P referre d _____________ 100 2,200 U nited R ys In v e s tm e n t.100 6 .4 0 0 P referre d _____________ 100 9 ,6 0 0 Virginia R y & P o w er____100 3 2 2 .5 0 0 W ab ash ________________ 100 4 4 3 .0 0 0 P referred A __________ 100 6,100 P referred B __________ 100 3 7 .2 0 0 W estern M a ry la n d ______ 100 15.200 Second p referred _____100 3 3 6 .0 0 0 W estern P acific________ 100 2 9 .3 0 0 P referre d _____________ 100 8 .7 0 0 W est P e n n C o _______ no par 1,8 0 0 7 % p re fe rred _________ 100 2 6 .9 0 0 W heeling & L E R y _____100 9 ,2 0 0 P re fe rre d _____________ 100 I n d u s t r i a l a n d M iscell. 3 .0 0 0 A bitibi Pow er & P __ no par 2.000 A dam s E x p ress_________ 100 8,100 A dvance R u m ely _______ 100 7 ,3 0 0 P referre d _____________ 100 8 0 ,7 0 0 Air R ed u ctio n In c ___ no par 160 .5 0 0 A jax R u b b er In c _____no par 17 ,1 2 8 R i g h t s _______________ A laska G old M in es______10 3 5 .7 0 0 A laska Ju n e a u G old M in .1 0 900 All A m erican C ab les___ 100 151,600 Allied C hem & D y e _ .n o par 2 ,7 0 0 P referre d _____________ 100 2 0 8 ,0 0 0 Allis C halm ers M fg _____100 1,100 > P referre d _____________ 100 2 6 ,1 0 0 A m er A gricul C hem ical..1 0 0 3 4 ,5 0 0 h P re fe rre d _____________ 100 300 A m erican B an k N o te ____50 200 P re fe rre d ______________ 50 14.000 A m erican B eet S u g ar__ 100 600 P referre d _____________ 100 A m er B osch M a g n e to .n o par 3 3 ,2 0 0 10.000 Am B rak e Shoe & F__no par 300 P re fe rre d _____________ 100 A m erican C a n ___________100 1 ,0 7 2 ,8 0 0 2,100 P re fe rre d _____________ 100 7 1 .7 0 0 A m er C ar & F o u n d ry __ 100 700 P referre d _____________ 100 M a rch 2 . A s k . B id . 181,500 13,700 3 .7 0 0 2 .7 0 0 326 ,7 0 0 8 .6 0 0 N ash v C h a tt & S t L o u is .100 N a t R ys M ex 1st p re f__ 100 Second p re fe rred _____100 N ew O rl T exas & M ex ico .100 N ew Y o rk C e n tra l______ 100 N Y C hicago & S t L o u is. 100 P re fe rre d _____________ 100 N Y & H a rle m __________ 50 N Y L ack & W estern __ 100 N Y N H & H a r t f o r d .. .1 0 0 N Y O n tario & W e ste rn . 100 N orfolk S o u th e rn _______ 100 N orfolk & W este rn _____ 100 P re fe rre d . , ___________100 N o rth e rn C e n tra l________ 50 N o rth e m P acific_______ 100 1925. B id . 4 600 700 7 9 6 ,7 0 0 2 .4 0 0 300 2 .4 0 0 9 3 ,0 0 0 2 .4 0 0 1,200 2 1 ,8 0 0 1,300 P R IC E S I N P r ic e a b o u t Jan. 2 3 ,0 0 0 38 .8 0 0 2 .5 0 0 500 7.7 0 0 1,600 16 69,1 0 0 4 ,3 0 0 1.400 400 1 ,0 1 7 ,0 0 0 2 2 6 ,5 0 0 4 8 2 ,9 2 0 4 9 2 ,1 0 0 905 3.500 2.7 0 0 21,675 25.8 0 0 1 ,2 1 5 ,8 9 0 36,6 0 0 2 4 ,9 0 0 1,130 450 1 ,0 01,800 67,700 35,200 3 5 4 ,350 2,200 12 2 5 4 .700 85 90 4934 734 26 47 18 500 S a le 2M 45 S a le 60 6234 6234 62 S ale 37 X S ale 83 M 40 S ale S ale 82 M S ale 78 M S a le 2814 7434 3134 7234 7734 140 4 214 114 11714 125 8914 140 6 S a le 115 S a le S ale 90 io o 3034 2534 2434 13014 76 7534 6934 14434 4M 234 113M | 121X 135 91M i 102 S ale S ale S ale S ale 77 S a le 35 25 25 M 128 M 77 76 69 M 5 M a r . 20 42 71X M ar. 3 3 2 X M a r. 3834 28 96 27X 18 S ale 18 M S ale 58 X 60 X 2 3X 30 X S ale 56 59 71 107 S ale S a le 99 66 75 50 4 0 M S ale 8 X S ale 834 28 S ale 31 49 44 X S ale 22 17 M S ale 500 _____ 650 S ale 234 Sale 48 30 35 45 S ale 70 S ale 60 X 61 S ale 3 0 X S ale S ale 77 X S ale S ale 32 X S ale S ale 7 3 X S a le 80 78 X 78 Sale 5M Sale Sale Sale Sale Sale 141 3 2 119 11634 124 90 7 1 X M a r . 28 73 13X M a r. 3034 M 19 X M 61X M 3X M M 40 59 X M 1 8 M M a r. 60 M a r. 2 X M a r. 28X M a r. 57X M a r. 69 107 M M M 31* M M 78 X M 62 150 144 5 4X 2 2M S ale 11 3 X S a le 114 S ale 120 S ale 89 M M M M M M M a r. a r. a r. a r. a r. a r. 29 21 66 S ale 50 X 51 108 Vs S ale 1134 S ale X S ale 51X 40X 82X 39 X 102 X 109 17 6 X 119 210 12 4 139 7 4 Vs 1834 5134 7634 20 X 62 X 4034 11X 17 39 89 10934 9534 11 23 234 122 82 S ale 118 S ale 77 34 102 106 19% 1434 40 S ale 175 191 124 43 X 33 40 6034 2834 743" j 3031 i 71 7734 144 M a r . 19 M a r. M ar. M a r. Jan. M a r. M a r. Feb. Jan. M a r. M a r. Jan. Jan. Jan. Jan. M ar. Jan. Jan. 4 X M ar. 2 Jan. M ar. M ar. 7 7034 M a r . 73 10 26 2 7 7 M a r. 6 34X F eb. 9 29 20 6 21 24 1934 62 334 4034 5934 Jan. Jan. M a r. Feb. Feb. M a r . 3 0 8254 J a n . 1 0 J a n . 16 11714 M a r . 2 11314 F e b . M ar. 114 120 M a r . 8814 J a n . Jan. 160 100 J a n . M ar. 28 2034 M a r . 22 Feb. 12314 M a r . 7534 J a n . Jan. 77 6 5914 M a r . 5014 M a r . 47 34 M a r . 1914 M a r . 7114 M a r . M a r. 83 7 4 Vs M a r . M a r. 90 14014 M a r . 6 M a r . 23 Jan. 8 Jan. 2 Jan. 6 M a r . 30 J a n . 15 4 8 19 7 Jan. 25 Jan. 64 3414 J a n . 4434 M a r . 1634 M a r . 6234 M a r . M a r. 79 M a r. 70 M a r. 90 14014 M a r . Jan. 139 M a r. 3 63 21 23 11 13 20 19 7 5 28 30 16 2 2 5 30 28 100 5114 1034 28 52 2214 510 5634 71 63 403" 87341 8334 7834 155 534 234 12034 12434 13734 92 34 175 101 3634 2734 2614 13434 78 77 7134 J a n . 14 F eb. 9 Jan. 2 F e b . 14 Jan. 3 Jan. 7 Feb. M a r. 6 J a n . 12 Jan. 9 F eb. 9 M a r. 4 Feb. 5 F eb. 6 Feb. 9 M a r. 5 M a r. Jan. Jan. M a r. Jan. Feb. M ar. F eb. F eb. M ar. Jan. Feb. M ar. M a r. Jan. M ar. 6 15 12 17 13 24 3 7 6 2 7 25 20 4 21 6 M ar. 7 38 J a n . 22 69 5034 M a r . 7 4 8 Vs J a n . 2014 72 84 7534 90 14034 14034 7314 Jan. Feb. Jan. Jan. M a r. M a r. F eb. Jan. 5 12 25 16 10 23 4 28 2 6934 3514 3614 1734 1’ 8 47 M ar. M a r. M ar. M a r. Jan. M a r. 6 30 8234 J a n . 18 3934 J a n . 3 0 18 4334 J a n . 6 9 28 2434 J a n . M a r. 7 12 120 23 6214 J a n . 9 7334 84 5334 7 0 X M ar. 7534 2 1 X M a r . 30 2514 35 M a r . 30 43 9834 M a r . 30 10534 M ar. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. 5734 4434 76 7014 2034 35 9854 7734 83 43 X 9 58 94 X 13534 72 1814 4834 6414 1934 5534 3834 Jan. M ar. Jan. Jan. Jan. M a r. M a r. Jan. Jan. Jan. 7314 M a r . 84 M ar. 5334 M a r . 7534 M a r . 2534 F e b . 4314 F e b . 10834 J a n . 92 Feb. 9234 F e b . 5834 M a r . 1434 J a n . 6614 M a r . 9 7 34 M a r . 15334 J a n . 76 F eb. 2634 J a n . 61 Jan. 8614 M a r . 2634 M a r . 67 M a r. 46 M a r. 1734 J a n . 2634 J a n . M a r. 55 M a r. 100 Feb. 120 Feb. 97 163* \ J a n . 313" i J a n . M ar. M ar. M a r. M a r. M a r. M ar. M a r. 62 Jan. J a n . 10 67 91 Jan. 10334 J a n . 9 17 " M a r . 13 1334 F e b . 47 Feb. 5414 M a r . 13 11114 F e b . 26 8634 J a n . 10 M a r. 14 Jan. 3 F eb. 6 34 F e b , ,1 5 J a n . 34 J a n . 14 1 Jan. 214 M a r . 28 F eb. 4 119 Jan. 125 80 M ar, 9314 M a r . 3 120 F e b . 26 117 Jan. 8634 M a r . 13 7134 J a n . J a n . 20 107 10334 J a n . 1334 M a r , 2114 F e b . 11 3614 M a r . 5 5 Vs F e b . 10 206 F e b . 11 161 Jan. F e b . 13 56 53 34 J a n . Jan. 7 43 3634 M a r, 8034 J a n . 8714 J a n . 6 2614 M a r 5434 J a n . 3 F e b . 26 106 9014 M a r 10714 J a n . 11034 M a r . 7 15814 J a n . 16 18534 M a r . 6 115 J a n . 29 11934 M a r . 9 192 J a n . 5 23214 M a r . 6 112134 J a n . 9 12534 F e b . 18 62 79 M a r. M ar. 4 4 X M ar. 81X 83 46 X S ale 9 63 59 X 98 X 95 X S ale .3534 S ale 73 X 21 1834 S ale 48X 74 S ale S ale 19X S ale 59X 4 1 X 42 11 S ale S ale 16 S ale 37X S ale 87 S ale 105 96 95 X S ale 10X S ale 22X 6634 67 92 90 15 13 4934 S ale 9734 S ale S ale 11 38 61X Feb. 31 4034 J a n . 30 2834 J a n . 30 10134 J a n . 18 2734 M a r . 18 6634 F e b . 31 11954 J a n . Jan. 26 119 M ar. M ar. M ar. M a r. M a r. M a r. Sale S ale 125 S ale 11834 S ale 104 S ale S ale 186 5 6 X 54 X 5534 S ale 40 S ale 85 83 X 81 S ale 29 S ale S ale 9134 95 ____ 109 34 S ale 16234 S ale S ale 119X 118 S ale 197 34 S ale S a le 11834 123 I X S ale 88 X S ale 189 55 10 59 X S ale S ale S ale S ale S ale S ale S ale S ale S ale 6 614 J a n . 23 30 7914 18 37 18 4 0 28 2214 7 120 23 4934 69X 72 X S ale 36 37 35 X 37X 37X 3 6 X 17 X S ale 17X 120 ...... 120 47 43 X 47 64 X 79 45 X 70 X 22 37 100 X 84 83 50 X M a r. M a r. M ar. M ar. M a r. Feb. M ar. F eb. 7034 J a n . 16 510 4 X M a r. M M M M 92X M 6034 J a n . 23 65 3214 734 20 M ar. M a r . 20 6034 M a r . 24 7134 J a n . 69 106 62 M a r. 4 0 X M a r. 8534 M a r . 40 X M a r. 8314 M a r . 7834 M a r . 155 5 1314 18 5934 114 2834 57 ar. a r. a r. a r. a r. a r. M a r. M a r. M a r. M a r. M ar. M a r. 15 X S ale 76 X M M M M M M 101 ____ 101 M a r. S ale 28 M ar. 3634 S ale 2634 2 0 X M a r. 26 22 M a r. 22 X S ale 126 X S ale 12334 M a r . 13434 78 77 X 78 X 80 77X M a r. _____ 7 7 3 4 ------6 1 X S ale S ale 5 9 X M a r . 30 7134 666,300 6014 S ale S ale 72 28 ,2 0 0 7914 S ale 83 M S ale 174,600 5034 S ale 51 Vs S ale 27 ,8 0 0 71 S ale 72 Vs S ale 229 ,7 8 0 2134 S ale S ale 25 160,500 3914 S ale 42 X S ale 910 ,2 0 0 10214 S ale 104 M S ale 771 .0 0 0 7734 S ale 9 1 M S ale 60 ,4 0 0 89 90 S ale 3 553.000 44 X S ale 55 X S ale S ale 19,600 1214 14 12 S ale 10,000 6314 S ale 65 300 95 34 95 X 97 M 363 ,8 0 0 14914 S ale 149 X S ale S ale 19,700 74 X S a le 74 8,200 26 X S ale 22 X S ale S ale 13.500 60 X S ale 54 26,000 67 X S ale 85 X S ale 661,400 2134 S a le 24 X S ale 917 .0 0 0 57 S ale 63 X S ale S ale 11,900 39 45 41 269,100 1414 S ale 14 Vs S ale 22 M S ale 24 X S ale 3834 S ale 34 X S ale S ale 94 85 X S ale 112M S ale 11834 S ale S ale 95 96 M S ale S ale 15 1434 S ale S ale 29 2734 S ale 105 1934 2 30 30 30 30 5 a r. a r. a r. a r. a r. a r. a r. M a r. M a r. M ar. M ar. M ar. M ar. 11934 90 50 834 28 47 17X 102M 100 S ale S ale S ale S ale ------57 6 a r. a r. a r. a r. a r. a r. a r. a r. a r. a r. a r. 35 75 43 X 49 4 7 Vs S ale 1634 1SX 71 M S ale 83 S ale 74 X S ale 120 M ar. 4 M a r. 234 M a r . 2 M a r . 28 3334 M a r . 33 M a r. M a r . 30 4 5 40 78 36 X 40 22 119 49 .1 5 S ale 114 S ale 113 122 8434 S ale 11714 S ale 7214 S ale 10434 S ale 1514 S ale 44 X S ale S ale 162 53 55 4034 S ale 86 90 S ale 33 S a le 99 109 11034 16014 S a le 11534 S a le S a le 198 S a le 124 21 23 11 23 20 19 334 M a r . 25 S a le P r ic e s . 4 Jan. 2 F e b . 24 2734 M a r . 30 3 4 3534 M a r . 30 4 6 Vs J a n . 2 3514 M a r . 31 4334 J a n . 5 a r . 4 3234 a r . 6 23 a r . 5 8934 a r . 26 2134 a r . 26 6434 a r . 4 111 a r . 5 114 234 12034 12334 135 S ale S ale S ale S ale 2 78X M a r. 11 7 X M a r . M a r. M a r. 65 M ar. 3234 M a r . 7 X M a r. 25X M ar. 43 X M a r. 16 M ar. 30 70 64 101 M ar. M M M M 65X M 118X M 11 7 X M 23 M a r. 8 9 X M a r. 21 % M a r . 6434 M a r . Ill M a r. 114 M a r. 599.000 75 2 3 .5 0 0 38 2 7 ,3 0 0 4034 89.5 0 0 2214 9 115 3 ,1 0 0 5914 65 S a le S ale S a le S ale S ale 6 60X M a r. M a r. M a r. M ar. M ar. M a r. M a r. M a r. M ar. 63 9134 1514 50 89 1314 6 X M a r. 3 5 M M a r . 31 26 31 33 65 70 44 44 50 S ale 45 44X 13 16 16X S ale 63 62X 76 79 79 70 68 X 7 0 90 _____ 9 0 127 M -------- 1 2 6 3 4 -------- 1 4 0 X 141X 140 M 1 4 1 M 139 63 69 Vs S ale 64 X S ale 62 3 X M a r . 25 S ale S ale S ale S ale S ale 65 34 S ale S ale 76 S ale 2,600 25 30 300 54 70 4 ,9 0 0 54 70 2 1 1 ,650 48 S ale 5.500 1834 S ale 4 2 ,7 1 0 68 S ale 4 .4 0 0 81 83 5,800 7314 7434 10 50 336 13914 141 60,4 0 0 7214 S ale 13914 141 S ale S ale S ale S ale L o w e s t. S a le P r ic e s . 2 7 X M a r . 30 3334 M a r . 2 3 5 X M a r . 30 4 4 X M a r . 2 77 34 S ale H I M S ale 1014 S a le 25 2534 52 54 22 2314 5834 7 S ale S ale 63 IX 234 38 % S ale 59 S ale 4 7 X S a le 234 50 5834 4 H ig h e s t. H ig h e s t. S a le P r ic e s . L o w e s t. S a le P r ic e s . 3 X M a r . 25 S ale S ale S ale 30 19 60 3134 3234 1734 1834 60 S a le 114 234 34 S ale 57 58 M a rch 3 1 . A sk . R A N G E S I N C E J A N . 1. M ARCH. M ar. 9134 90 M ar. M ar. 5834 14 M ar. M ar. 6614 M a r . 18 9714 M a r . 2 5 150 75 M ar. M ar. 2214 M ar. 5434 M ar. 8634 M ar. 2614 67 M ar. M ar. 46 M ar. 1534 M ar. 2234 55 M ar. M ar. 100 M a r . 2 120 M ar. 9614 15 M a r. 29 M ar. 65 M ar. 9434 M a r . 13X M a r. 4 8 X M a r. 9 5 X M ar. 10 M ar. X M a r. 114 120 80 11734 7314 104 1334 3634 180 54X 3634 8314 2614 9034 11014 15814 117 194 123 M ar. M ar. M ar. M ar. M ar. M a r. M ar. M a r. M ar. M a r. M a r. M a r. M ar. M a r. M ar. M ar. M a r. M a r. M ar. 67 10114 17 5434 109 1334 34 10 2M M a r . 10 12434 3 0 1 9314 17 11914 3 0 8614 3 0 10634 19, 2034 23 i 5314 30184 5414 4134 86 30 7 30 24 30 11 4034 10334 11014 18514 11934 23214 12434 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M a r. M ar. M ar. M ar. M a r. M a r. 11 16 3234 8434 105 9414 1034 2234 M a r. Jan. Jan . M a r. Jan. M ar. M a r. Jan. M ar. Jan. Jan. M ar. M ar. Jan. Jan. M a r. Jan. M ar. M ar, 3 3 2 11 25 5 9 5 25 13 12 7 13 10 26 2 3 2 12 21 12 9 9 11 11 7 11 7 7 A pril, 1925.] STOCKS STOCKS —STOCK EXCHANGE RECORD S A L E S TO A P R IL 1. Price about Ja n . 2 1925. N. Y. ST O C K EX C H A N G E In M a rch . Since Ja n . 1. Par A m erican C h ain w i ______ 25 A m erican C hicle_____ no par P referre d _____________ 100 C e r tific a te s _______ no par P referred c ertific a te s-.1 0 0 A m er D ru g g ists’ S y n d __ 10 A m erican E x p ress______100 A m F oreign & P o w e r.n o par P r e f e r r e d __________no par Am F o r P r ctfs 25% p d i n . . C ertificates full p a id _____ A m er H ide & L e a th e r__ 100 P referre d _____________ 100 A m erican I c e __________ 100 P re fe rre d _____________ 100 A m er I n te rn a t C o rp _ .n o par A m L a F rance F ire E n g . . 10 P referre d _____________ 100 A m erican L inseed______100 P referre d _____________100 A m L ocom otive n e w . .n o par P re fe rre d ____________ 100 A m erican M e ta l_____ no par P referre d _____________ 100 A m erican Piano p re f____100 A m erican R ad ia to r______25 P re fe rre d _____________ 100 A m er R ailw ays E x p ress. 100 A m er R epublics______ no par Amer Rolling M ill, p re f w i. A m erican S afety R a z o r .. 100 Am Ship & C o m m ____no par Amer Sm elt & R efin _____100 P referre d _____ 100 A m erican Snuff________ 100 P referre d _____________ 100 Am Steel F oundries ctfs 33 P referre d _____________ 100 A m erican Sugar R efin __ 100 P re fe rre d _____________ 100 Am Suma tra T obacco__ 100 P referre d _____________ 100 A m Tel eg & C ab le______100 A m er Teleph & Teleg___100 A m erican T o b acco_______ 50 B _------------------------------- 50 P re fe rre d _____________ 100 A m er T y p e F o u n d ries__ 100 P re fe rre d _____________ 100 A m er W at W orks & E le c . .2 0 F irst preferred (7 % )..1 0 0 P a rtic p re f (6 % )----------100 Amer W holesale, p re f__ 100 Am erican W oolen_______ 100 P re fe rre d _____________ 100 Am W ritin g P a p e r, p re f. 100 C e rtific a te s___________ 100 Amer Zinc, L ead & S m __ 25 P re fe rre d ______________ 25 A naconda C o p p er_______ 50 A rcher D aniels M id . .n o par P re fe rre d _____________ 100 A rm our (Del) p re f______100 A rm our of Illinois C lass A . 25 A rnold C o n stab le v t c .no par A rt M etal C o n s tru c tio n .. 10 A ssets R ealization_______ 10 Associated D ry G oods__ 100 1st p referred _________ 100 2d p referred _________ 100 A ssociated O il_________ .2 5 A tl G u lf & W I SS L in es. 100 P re fe rre d _____________ 100 A tla n tic R efining_______ 100 P referre d _____________ 100 A tlas Pow der, new ___no par P re fe rre d _____________ 100 A tlas T a c k C o rp _____ no par A ustin, N ichols & C o .n o par P referre d _____________100 A uto K n it H osiery___no par A uto Sales_______________ 50 P referre d ______________ 50 Shares. 7,444 17,300 500 Bid. Shares. 53,444 22% 32.000 39 % 1,100 94 13.900 37 400 90 5% 97,620 74.600 162 98.900 87.900 19,300 126% 1.900 127 15.000 12% 49.100 69 29,200 91 % 3.900 79 % 170,000 34% 49.600 1,000 9 4 * 50,500 31.100 5 3 * 834.100 107% 5.100 118 82.700 53 % 1,000 115 500 94)4 43,765 90 200 126 5,400 80 5,200 47 210 107)4 194,875 36% 111.700 11 % 582.600 98 10.000 107% 3,800 145 400 95 311,026 47)4 5.300 107 )4 421,925, 52)4 20,875 93 89.100 12 4.100 34)4 3,310 41 303.600 130)4 137.200 87 % 178.200 86 14,000 104) 4 3,000 112M 350 105) 4 220.700 39% 4.300 100)4 19.600 96 450 9 2 % 743,800 64 47.700 9 5 % 13.100 5 4 800 15.600 11% 25,500: 35 363.100 47)4 19,700, 27)4 2,300, 89 19,210 90 20,400 68,300 8)4 1,700 15 B aldw in L o com otive____100 P referre d _____________ 100 B arn et L e a th e r______ no par P referre d _____________ 100 B arnsdall C o rp , C lass A . . 25 C lass B _______________25 B ay u k B ro s_____________ no par P referre d _____________ 100 B eech-N ut P a c k in g ______20 B ethlehem Steel C o rp __ 100 7% p referred __________100 C um conv 8% p re f____100 B lu m en th al, n re r_______ 100 B ooth F isheries______ no par 1st preferred _________ 100 B ritish E m p ire S teel___ 100 1st p referred _________ 100 2d p re fe rred _________ 100 B rooklyn Edison, In c __ 100 B ro o k ly n U nion G a s ..n o par B row n Shoe, In c ________ 100 P re fe rre d _____________ 100 B riggs M an u fac tu rin g no par B runsw ick-B alke-C oll .n o par B ru n sw ’k T erm & R y SeclOO B u m s B ro th e rs ______ no par P re fe rre d _____________ 100 P rio r p re fe rred _______ 100 N ew C lass B co m _ .n o par B u rro ’s A dd M a c h __ no par B ush T erm in al C o ______100 B ush T e rm B ldgs, p re f. .100 B u tte C o p p er & Z in c______5 B u tte ric k _______________ 100 B u tte & Sup M in in g _____10 C ad d o C e n t Oil & R e f.n o par C alif P ack in g C o rp . .n o par C alifo rn ia P e tro le u m _____25 P referre d _____________ 100 C allah an Z in c-L ead______10 C alu m et & A rizona M g . 1 0 C alu m et & H e c la ________ 25 C ase (J 1) T h resh M a c h . 100 P re fe rre d _____________ 100 C en tra l L e a th e r________ 100 P referre d _____________ 100 8,100 200 12,620 26,800 23,100 14,700 400 4,600 18,800 11,900 1,400 41,800 10,300 8,700 7,300 400,300 900 20,400 200 100 9,100 800 1,000 152.300 52.400 146,800 2.700 600 400 80,500 1,200 124.300 4,000 18,300 1,200 300 52,900 34,600 44.400 2,400 800 100 145,500 1,800 5.700 255,900 19,700 1.300 400 4,400 4,800 112,200 5,700 500 3.010 20,400 9.300 500 Sale Sale Sale Sale 120 Sale Sale Sale Sale 147 100 Sale 108 Sale Sale Sale 38 Sale Sale Sale Sale 104 % Sale 109 Sale 101 Sale 96 Sale Sale Sale Sale 11% Sale Sale 28 94 92 52 11 92% 107 142)4 142 49)4 109 62 Vs 97% 13)4 39)4 41 133)4 87% 86)4 105)4 104 105)4 46)4 101)4 101)4 96% 39% 82% 3% 1 7)4 26 35)4 29 94 90)4 20)4 8% 15)4 Sale Sale Sale Sale 42)4 Sale Sale Sale Sale Sale 109 Sale Sale 102)4 Sale Sale Sale 3% 5 Sale 26% Sale 31 96)4 Sale Sale 9% 16 174% 99 103% 32% 36% 40% 100 114 48 92 10% 24 87% 2% 4% 14% Sale 173 99 100 Sale 102 Sale 32 Sale 29% Sale 38 Sale 98 114% 115 48% 49 93% 92% 9% 10% Sale 23% 87% Sale 2% C, Sale 4 Sale 14% 650,600 1,800 4,200 1,580,650 131)4 Sale 4,100 116 Sale 7.900 35 37)4 92 96 600.400 23)4 Sale 38,900 Sale 29,400 4 7 * Sale 700 96 97 110.400 71% Sale 450,800 50% Sale 20,600 9 5 % Sale 12,500 110 112 79 32,100 5% Sale 500 28 32 1,500 2% 3 1,300 3.800 9% Sale 71,900 121 Sale 200,500 7 9 % Sale 50.500 72)4 Sale 4.100 97 99 143,400 41.700 4.800 4 5 27.700 96)4 Sale 4.100 ------- 97 600 ------- 118 17.700 22 23 29.300 64) 4 65 11.300 65) 4 -----600 96 98 57,800 8% Sale 37.200 24 Sale 23% Sale 123,600 34.200 1)4 1% 30.200 104 Sale 1,194,900 23 Vs Sale 47.600 100 Sale 83.500 4)4 Sale 27.600 57 Vs Sale 17.700 18) 4 S a le 8,700 29 S a le 4.300 62 66 85,000 1 9 ) 4 S ale 168,700 5654 S a le 24,300 188,400 2.500 2.500 6,400 100 300 100 1,200 14,000 52,900 6,200 900 57,600 15,400 3,800 8,200 500 6,100 7,400 11,300 16,100 9,300 25.500 16.500 4,900 633,400 25.400 15.400 10,200 6,500 4,100 2,700 26.400 41,000 43% 14 99 Vs 109 146 98)4 63% 110 67 % 100 18 37 44 134% 88% 87 105)4 106 105)4 37% 102 101)4 97 50)4 90 4% 9)4 31)4 42% 34)4 95)4 93% Sale Sale Sale Sale 150 Sale Sale 110)4 Sale Sale Sale 38 46 Sale Sale Sale 106 110 110 Sale 103 Sale 99 Sale Sale Sale 5 10 32)4 Sale Sale 96)4 Sale 10)4 Sale 15)4 16 190 99)4 103 37)4 35)4 44)4 115)4 114)4 50 92 9)4 28% 90 3 4)4 14% Sale 100 107 Sale Sale Sale Sale Sale 52)4 93 Sale Sale 90% Sale Sale Sale 8% Sale 63 Sale 90 Sale 75)4 76 34 Sale 11)4 Sale 93% 96 21)4 Sale 57% Sale 124 Sale 119 121M 45% Sale 111 114% 92 94% 96% Sale 127 130M 78 80% 46 59 Sale Sale Sale Sale 145 145 Sale Sale 111)4 Sale 113 114% 110 35 45 40 94 104 104 21% Sale Sale Sale 16 17% Sale 40 % Sale 95 100 100 Sale Sale 62 Vs Sale 41 Sale Sale Sale 95 114)4 109% 110% 80 80 4% Sale 5% 5)4 29 25 35 2 4 3)4 2% 32 30% 33 33% 10 9 11 10% 128 Vs Sale 127% 128 79% Sale 80% Sale 72 Sale 65 Sale 96 100)4 Sale 100 38% Sale 36% Sale 42% Sale 35)4 Sale 5 3)4 4)4 3)4 Sale 98 93% Sale 95% 97% 96)4 98 114 114 118 117% 19)4 20)4 17% Sale 78% 80 81)4 Sale 97% Sale Sale 90 97% 99 96% 99 Sale 7% Sale Sale 21 18% Sale 142)4 114 43 95 27% 20% 49)4 97 69% 47 100 114 19)4 1% 106% 30 108 4 52)4 15)4 27% 62)4 19% 61% 15% Sale Sale Sale 102% 29 Sale Sale 110 3 Sale 47 Sale 15% 13% 27% Sale 64 65 15 Sale 53% Sale H ighest. Lowest. H ighest. Low est. 5% 139 28)4 88% 113 65.200 133% Sale 2,700 94 Sale 2,366 101 Sale 298.300 33)4 Sale 312.300 22% Sale 88,900 31)4 Sale 115,900 95)4 Sale 2.900 114 115 2,600 50 52 500 92 94 22.200 10% Sale 69,700 31 Sale 3,300 8 7 % 89)4 11,000 2% Sale 2,100 5 3)4 2,400 15 16% 12,200 6,000 March 31. A sk 23 Sale _____ Sale 15.500 700 1,000 52.500 143,200 27,100 33,800 500 1.000 100 10,200 13,300 1,800 3,500 500 400 207,000 M arch 1. Bid. 22% 54 Vs 97 53 Sale 15% R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . A sk . Bid. A sk . Sale Sale 25 Sale 42 % 43 -----90 99)4 ____ 41)4 Sale ____ 91 Sale 6)4 Sale Sale Sale 156 Sale 31 92% Sale Sale 120 125 Sale 1 3 % 12 Sale Sale 72% Sale Sale 88)4 Sale 80)4 76% 78 Sale 36% Sale Sale 12)4 Sale 100 92 96 Sale 26)4 27 % Sale 63 Sale Sale 137 % Sale 120 122)4 Sale Sale 49)4 Sale 119 114 115 95)4 93 95 Sale 97% Sale 125 % _____ Sale 80 80)4 50 56 Sale 25 Sale Prices. Sale Prices. Prices. Feb. 4 M a r. 2 22% J a n . 2 27 M a r. 20 J a n . 27 58 M a r. 20 37 M a r. 30 J a n . 5 97 M a r. 30 94 J a n . 7 54% M a r. 26 M a r. 26 37 J a n . 19 96% M a r. 19 M a r. 19 94 5% M a r. 17 6% J a n . 22 M a r. 2 M a r. 30 166 J a n . 2 M a r. 3 135 M a r. 12 28% M a r. 30 32% M a r. 12 F e b . 19 J a n . 6 94 M a r. 2 87 M a r. 26 127% J a n . 7 M a r. 4 116 125 J a n . 6 128 J a n . 7 8% M a r. 31 14 J a n . 14 4 8)4 M a r. 31 12% M a r. 59 M a r. 31 74)4 M a r. 2 59 M a r. 31 75)4 J a n . 14 M a r. 18 93% J a n . 12 83 M a r. 18 88% M a r. 2 83 74)4 M a r. 17 76 Vs M a r. 3 74% M a r. 17 80% J a n . 7 Feb. 5 3 2 Vs M a r. 30 3 7 Vs M a r. 3 32% M a r. 30 41 J a n . 15 11)4 M a r. 27 12% M a r. 13 11M J a n . 2 14 J a n . 15 95% F eb. 27 97 M a r. 25 2 9 % F e b . , 3_ 20 M a r. 27% M a r. 3 20 J a n . 2 66% F e b . 20 56 M a r. 63 Vs M a r. 6 53 104% J a n . 5 144)4 M a r. 6 119 M a r. M a r. 6 144 Vs F e b . 16 M a r. 3 118% M a r. 20 124 123 118)4 M ar. 45% M ar. 50% M a r. 6 45% M a r. 30 5 3 % J a n . 2 Ill M ar. M a r. 30 116% J a n . 8 114% M a r. 7 111 Jan. 7 93 M ar. M a r. 14 95 93 M a r. 14 93 J a n . 17 98% M a r. 2 89)4 J a n . 3 105 9 2 Vs M a r. F e b . 2__6 126% J a n . 13 128 J a n . 13 M a r. M a r. 27 84 81% M a r. 4 78 M a r. 59 M a r. 10 48 J a n . 8 66% J a n . 17 106% J a n . 13 108 Jan. 5 43 M a r. 2 59% M ar. 12 36% J a n . 2 59% M a r. 12 10% M a r. 19 14% M ar. 2 10% M a r. 19 14% F e b . 28 9 0 Vs M a r. 30 103% M ar. 4 9 0 % M a r. 30 106)4 F e b . 10 M ar. 2 105% J a n . 5 110)4 F eb . 5 107 M ar. 30 109 141 M ar. ' 147)4 M ar. 12 141 M a r. 19 150% F e b . 19 98% M ar. 99 Vs M a r. 19 54% M a r. 4 Jan . 47)4 M ar. 54% M a r. 4 46 110 % M a r. 4 108% M ar. 108 Jan. 110% M a r. 69% F e b . 26 M ar. 59% M ar. 47% J a n . 101% F e b . 28 97 M a r. 91 % J a n . 100% M a r. 24% F eb . 14 11% M ar. 18% M a r. _ 10% J a n . 56 36% M a r. F eb . 13 M a r. 23 36% M a r. 44 47 F eb . 25 42 40% M a r. M a r. 20 40% J a n . 132 M a r. 136 H J a n . 3 M ar. 13 123% J a n . 136 86 M a r. F eb. 88)4 M a r. 14 85 91)4 F eb . 9 85% M a r. 88% M a r. 14 84 )4 F eb . 89 Vs F eb . 9 104% M a r. 106 F e b . 17 105% M a r. 5 104% J a n . M a r. 6 103% F eb . 104 M a r. 107 112% J a n . 2 108 M ar. F eb . 108 M a r. 26 106 110 J a n . 8 36 M a r. 49 M a r. 25 34% J a n . 49 M a r. 25 M a r. 5 100 101% M ar. 103 Jan. 103 F eb. 18 103 M a r. 13 95% J a n . 100% M ar. M a r . 13 103 96% M a r 96% M a r. 31 96 Jan. 97% J a n . 20 36% M ar. 51% M a r. 3 36% M a r. 64% J a n . 6 7 8 Vs M ar. 90% M a r. 5 7 8 % M a r. 96% J a n . 20 4% M a r. 3 3 Vs M ar. 3 Vs M a r. 7% J a n . 3 2% M a r. 21 2)4 M a r. Jan. 2 2)4 M a r. 4 7% M ar. 9% M a r. 4 7% M a r. 12% J a n . 9 25% M a r. 31% M a r. 3 25% M a r. 39 Jan. 9 35% M a r. 43% M a r. 3 35% M a r. Jan. 3 48 29 M a r. Jan. 35% M a r. 2 26 35% F e b . 13 M a r. 11 90% J a n . 95 M a r. 96 96% F eb . 16 94 M a r. 9 90)4 M a r. 90)4 M a r. 97 F e b . 14 22% M a r. 18 20 20 M ar. M a r. 22% M a r. 18 8% M a r. 11 M a r. 3 8 Jan . 12% J a n . 28 15 M a r. 15% M a r. 30 15 Jan . 15% J a n . 14 Sale 22 Vs 42% 96 40)4 95 5% 135 28 Vs 87)4 116 Prices. M a r. 30 M a r. 3 M a r. 13 M a r. 5 M a r. 13 M a r. 17 M a r. 30 M a r. 30 M a r. 17 M a r. 26 Sale 25 58 97 54% 96% 6% 158% 32% 93% 123 M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M ar. M a r. M a r. M a r. M a r. 190 % 99% 104 37 Vs 41 47% 116 115K 50 92% 12% 29 Vs 92% 3 4% 14% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M ar. M ar. 107 M a r. 30 144M M a r. 110 M a r. 3 0 1 1 5 M a r. 39% M a r. 19 49 Vs M a r. 21 M a r. 17 M a r. 40% M a r. 60 38% 94% 109 M a r. M a r. M a r. M a r. 4% 29 3 31 9)4 123% 77% 64% 96 33% 34 4% 93% 95% M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M ar. M a r. M a r. M a r. M a r. 30 M a r. 23 M a r. 49% M a r. 23 23 11 18 69% 4 7 Vs 100 114 M a r. M a r. M a r. M a r. 5% 29 3% 31 M a r. 10% 131% 82 73% 100% 38% 42% 5% 100 96 % M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M a r. 17 M ar. 31 20 M a r. 78% M ar. 27 82% M a r. 90 M a r. 2 97% M a r. 4% M a r. 18 M a r. Sale 15% Sale Vs Sale 101 )4 Sale 27% Sale 107% Sale 3 Sale 46% 14% 14 30 24 67 60 Sale 14% Sale 49% M ar. M ar. M ar. M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 7% M ar. 22% M a r. 20 Vs 1% 106% 32 Vs 113% 54 Vs 15% 30 6554 19% 61% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 128 94 32 20 31 95% 113% 48% 92 9% 23% 8 7 Vs • 1)4 4 14% Jan. Jan . Jan. M a r. Jan . Jan. Jan . Jan. M a r. Jan. Feb. M a r. Jan. Jan . M a r. M a r. 12% 32% 92% 3% 4% 16% F eb . M a r. Feb. Feb. M a r. M a r. Feb. M a r. Feb. Jan. M a r. Jan . M a r. F eb . Feb. Feb. 107 110 35 93)4 21 17 40 % 97 60 38% 94% 109 146 M a r. M a r. 116% Jan. 49)4 Jan . 96 M a r. 30 M a r. 23 53% M a r. .Tan. 98% M a r. 74% M a r. 53% M a r. 11 102 M a r. 18 116% F eb . Jan. M a r. Jan . M a r. Feb. Feb. Feb. Jan . Jan. Jan. Feb. 26 31 4 24 3 6 14 16 10 13 31 9 4% 28 3 30 8% 120% 75% 64% 96 33% 34 3 92% 93)4 113 17 65 86 96% 4% 18 15% M a r. Jan . J an. Jan . Jan. Jan . F eb. M a r. M a r. M a r. M a r. F eb. F eb. Jan . Jan . M a r. Jan. F eb. Jan. M a r. M a r. M a r. Jan. Jan. Jan. Feb. Feb. Jan. Jan. Jan. Jan. Jan. Jan. M ar. Jan. Feb. Jan. Jan. M a r. M ar. Jan. Jan. Jan. Jan . 10 9 26 25 24 7 22 10 19 31 21 7 12 25 22 14 14 21 16 2 3 9 Vs 100% 23)4 100 3 46% 14 24 60 14% 49% M a r. Jan. Jan. Jan. M a r. M a r. M a r. M a r. M a r. M a r. M ar. 101 193% 99% 108% 39% 41 47% 117% 115% 52% 94 7 34% 3% 33% 11% 133 83% 78% 100% 40% 49% 5% 103% 97 117 23% 82% 97% 98 8% 28% 24% 2% 110 32% 113% 4% 58 18% 30% 67% 21% 66 28 12 7 2 3 3 5 19 24 9 7 12 4 2 10 3 J a n . 12 F e b . 21 M a r. 7 M a r. 13 F e b . 19 Jan. 7 Jan. 5 J a n . 23 J a n . 14 F eb. 7 Feb. 7 STOCKS-STOCK EXCHANGE RECORD 26 STOCKS S A L E S TO A P R IL 1. In M arch. Since J a n . 1. Par C en tu ry R ib b o n M ills.no par P re fe rre d _____________ 100 C erro de P asco C o p __ no par C ertain -T eed P r o d __ no par 1st p re fe rred __________100 Second p re fe rred _____100 C h a n d le r M C a r (T he)no par C hic P n e u m a tic T o o l____100 C hicago Y ellow C a b _ .n o par ■Childs C o ____________no par C hile C o p p er_____________ 25 C h in o C o p p er_____________ 5 G lu e tt, P eab o d y & C o __ 100 P referre d _____________ 100 C oca C o la___________ no par P referre d _____________ 100 C olorado Fuel & Ir o n ____100 C o lu m b ia G as & E le c .n o par P referre d _____________ 100 C o lu m b ia n C a rb o n __ no par C om In v T r u s t______ no par P re fe rre d _____________ 100 C om m ercial Solv A __ no par B _________________ no par R ig h ts ___________________ O ongoleum C o n e w __ no par C o n le y T in Foil s tp d . .n o par C onsolidated C ig a r__ no par P referre d _____________ 100 C onsol D istrib u to rs. . n o par C o n so lid ate d G a s___ no par C onsol T ex tile_______ no par R ig h ts __________________ C o n tin e n tal C an In c p re f 100 •C ontinental C a n _____no par R ig h ts __________________ C o n tin e n tal In su ra n c e ____25 C o n tin e n ta l M o to rs_ .n o par C o m P ro d Refg p re f____100 N ew w i _______________ 25 O osden & C o ________ no par P referre d _____________ 100 O rex C a rp e t____________100 C rucible Steel of A m er._100 P re fe rre d _____________ 100 C u b a C ane S u g ar___ no par P re fe rre d _____________ 100 C u b an A m erican S u g ar__ 10 P referre d _____________ 100 C u b a n D om in S u g a r_ .n o par P re fe rre d _____________ 100 C u sh m an s Sons______ no par P re fe rre d _____________ 100 C u y a m e l F r u it_______ no par Shares. 40.100 1,100 87.000 71,200 1.900 700 44,800 14.000 2.900 29.100 92,700 4.600 2.300 100 40.000 Bid. Shares. 82.900 29% 2,200 94 229,000 55 177,500 44 2,600 1,200 195,200 36% 39.900 97% 7,400 54 29,100 346,800 37% 14,650 27% 22,800 60% y 900 102 255,600 80% 1,200 95 411,400 43% 396,300 47% 16,800 21,600 49 9,000 50 1,500 103 62,300 121 78.900 122% 6% 13.000 285,900 42% 31.000 14% 68,200 26% 7,800 79% 968,522 3% 488,700 76% 4% 202,805 8,600 90.100 2,205 69,500 240,000 100 300 221,390 1,300 36,700 74,400 46.100 1,000 17.100 3,200 1,100 300 28,300 51,600 105 562,900 8% 6,605 121 300.800 40% 821,700 26% 4.200 83 1,000 41 517,190 74% 6.200 93% 111,600 13 262,300 59 167,220 29% 96% 6 43% 4,700 66 100 54 110 Sale 9% Sale 121% Sale 40% Sale 35 Sale 86% Sale 41 50 78 Sale 95 Sale Sale 13% Sale 61% 32% Sale 98% 99 6% Sale 42 Sale 67 67 100% Sale 53 D aniel B oone W ool M ills .25 D avison C hem v t c .. n o par D eB eers C ons M in es.n o par D eere & Co p re f________ 100 D e tro it E d iso n _________ 100 D evoe & R aynolds 1st p f.1 0 0 D iam o n d M a tc h ________ 100 D om e M ines L t d _____no par D ouglas P e c tin ______no par D uquesne L ig h t 1st p ref-100 D u rh a m H o siery________ 50 P referre d _____________ 100 18.100 112,700 500 900 11,060 7% 45% 1,600 23% 81% 112% 96% 2% Sale 44% Sale 20% Sale 83% 91 115 Sale 98 100 E a s tm a n K o d a k _____no par E a to n Axle & S p rin g , .n o par E I d u P o n t de N em & C o l 00 6% cum ul p re f_______ 100 E lec Pow & L t p f 40 % p d w i F u ll p a id w i ____________ E lec S torage B a tte r y .n o par E lk H o rn C oal C o rp ______50 P referre d ______________ 50 E m erso n -B ran tin g h am . . 100 P re fe rre d _____________ lOO E n d ic o tt- J o h n s o n _______ 50 P re fe rre d _____________ lOO' E x ch an g e B u ffet C orp.no par 21,900 33.300 78,700 2,050 7,500 500 41.300 400 100 3,800 900 8.700 200 2,600 1,000 105.500 4,600 14,000 500 726,122 167.500 44,205 900 60,900 200 100 F a irb a n k s Co (T h e)______25 36,100 F a irb a n k s M o rse_____ no par 237,300 F am P lay ers-L ask y _ .n o par 8.400 P referre d _____________ 100 12,800 F ed eral L ig h t & T r a c .n o par 800 P referre d _____________ 100 2,000 Federal M in & S m elt____1O0 13,500 P referre d _____________ 100 3.400 F id elity P henix F ire I n s . .2 5 1.700 F ifth A venue B u s____ no par Fisher B ody C o rp ____no par 23,500 N e w ___________________25 1,000 Fisher B ody Ohio p re f__ lOO Fisk R u b b e r_____________ no par 50,800 8.900 F irst p re fe rred _______ 100 37,200 Fleisch m an n C o _____ no paJ. 6,200 F o u n d a tio n C o ______ no par 56,651 R ig h ts __________________ 500 F ran k lin Sim on p re f____100 99.900 F ree p o rt Texas C o ___no par G a rd n e r M o to r______ no par 64,300 8,500 G en A m er T a n k C a r------100 1 ,2 0 0 7% p re fe rred _________ 100 82.900 G eneral A sp h a lt________ 100 2.900 P referre d _____________ 100 G en B aking C o ______ no par 1,400 P re fe rre d ______________no par 15,100 G eneral C igar In c _______ 100 300 P re fe rre d _____________ lOO 100 D e b en tu re p re f (7 % ) . . 100 288,700 G eneral E le c tric ________ 100 17,800 Special w hen issu e d ___ 10 300,500 G en M o to rs C o rp new no par 800 P re fe rre d _____________ 100 6% d e b en tu re sto c k __ 100 200 11,600 Preferred 7% n ew ___ 100 377,300 G eneral P e tro le u m _______ 25 3,800 G eneral R e fra c to rie s..n o par 20,900 G im bel B ro th e rs _____ no par 700 P re fe rre d _____________ 100 G in te r C o _______________ no par 26,300 G lidden & C o ____________ no par 53,700 18,600 G old D u st c e rtifs ____no par 177,100 G oodrich (B F ) ______ no par 2,900 P re fe rre d _____________ 100 G oodyear T ire p r p f w i_ _ 100 5,600 33,200 P re fe rre d _____________ 100 10,600 G ra n b y C ons M S & P . .1 0 0 G ra y & D av is I n c ____no par 30,300 G re a t W estern S u g a r_____25 800 G re a t W estern S ugar preflOO 4,400 G reene C an a n e a C o p p e r. 100 1,600 G u a n tan a m o S u g ar___no par P r e f e r re d _____________ 100 R ig h ts _______________ Sale Sale Sale 104 Sale 99 Sale Sale 36 25 63 107 91 98% 44% 57% 106 Sale 47 Sale 62 103% 102% Sale 160% 161% Sale Sale Sale 40 Sale 3 Sale 29% 84 Sale 7% Sale Sale 76% 4 Sale 13% Sale 16 Sale 105% Sale 2 8 40 50 156,900 111 45,400 15 384,500 139% 7,550 94% Sale Sale Sale Sale 62% Sale 11% 12% 21 25 2% Sale 15 Sale 69 Sale ______ _ 19% Sale 2% 3 32% Sale 97% Sale 107 Sale 116 Sale 84 87 21% 24 61% Sale ___________ 11% 12 239 Sale ______ . 103 106 13% Sale 85 Sale 85 % Sale 91 Sale 1,800 252,100 31.400 153,200 196,980 74,251 1,800 104 % Sale 165.300 10 >8 Sale 194,600 40,600 2,100 259,500 12.500 6.700 100 42.400 1.400 900 539,410 80.000 3,695,900 1.400 900 53,550 1,132,700 30,780 127.300 5,200 36.000 280.300 30,300 352,400 8,800 23.000 102,800 42,200 17.700 90.500 3,600 12,800 7,300 100 4 'A Sale 63 100 145 119 96% 103 105 317 11% 66 92 92 102% 42% 53 55% 105 24 14 42% 37% 90 104 89% 20% 4% 92% 111% 19% 5% M arch 2. A sk . Bid. 33% 38% 96 94 51% Sale Sale 47% 93% 83 Sale 33% Sale 88 55 51% 1,100 112% 115 Sale 259,100 69 10,000 5,000 3,460 100 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . Jan. 2 1925. » . 7 . STO CK EXCH A N G E 108,300 217,700 4.300 4,000 2.600 500 14.100 22,400 [V ol. 120. Sale Sale Sale 121 Sale 108 110 Sale Sale Sale 94 94 Sale Sale Sale Sale Sale Sale Sale Sale Sale 92 Sale Sale Sale Sale Sale Sale Sale Sale 92 ~ 1-64 Sale 114 65 March 31. Lowest. H ighest. A sk . Bid. 41% 39 98 93 Sale 43% Sale 42% 96 94% Sale 80 Sale 34% Sale 82% 48% 53 49% Sale 30% 26% 20 63% 62% 108% 100% Sale 91% 100 99 Sale 33% Sale 54% Sale 105% Sale 45% 65 55 104% 103 Sale 130 Sale 131 A sk. Sale 96% Sale Sale 94% 84 Sale 83% 53 Sale 39 95% 43% 40% 93 82 31 80% 48 49% Sale 30% 21 20 58% 63 107 105% Sale 87% 101 99 Sale 32% Sale 52% Sale 105% Sale 45 59 54% 106% 102 Sale 125% Sale 125 Prices. M a r. 3 M a r. 30 M a r. 24 M a r. 24 M a r. 25 M a r. 30 M a r. 20 M a r. 19 M a r. 18 M a r. 31 M a r. 30 M a r. 30 M a r. 17 M a r. 9 M a r. 18 M a r. 10 M a r. 31 M a r. 17 M a r. 12 M a r. 24 M a r. 30 M a r. 19 M a r. 30 M a r. 30 Sale Sale 31 87 Sale Sale Sale Sale 2% Sale 84 Sale Sale Sale M a r. M a r. M a r. M a r. M a r. M a r. M a r. 117 Sale 36% 2% 28% 82% 5 75% 2% 34% 2% 26% 83 4% 74% 2% 18 30 17 24 30 30 19 Sale 47% 97 52% 48% 95% 85% 34% 89% 52 56% 36 25% 65 105% 91% 101% 46% 59 106% 47% 65 103 161 163 41% 3 30% 88 9% 77% 4% 112 M a r. 24 111% M a r. 3 103 107% 108 104 Jan . Sale Sale 9 8% M a r. 19 9% M a r. 2 8 % Jan. Sale 121 % M a r. 6 123% M a r. 25 .18% J a n . 123 123 Sale 38% Sale 37% M a r. 30 40% M a r. 2 37% M a r. Sale 27% Sale 26% M a r. 30 35% M a r. 2 26% M a r. 89% 86% Sale 86% M a r. 17 86% M a r. 17 83 Jan. M a r. 7 36 45 39 M a r. 30 41 M a r. 33 36 Sale 64% M a r. 30 79% M a r. 3 64% M ar. 67% Sale Sale 94 M a r. 9 93 Jan. 91 93% M a r. 30 96 Sale Sale 12% M a r. 30 14% M a r. 13 12% J a n . 13 Sale Sale M a r. 2 56% J a n . 57 56% M a r. 30 62 Sale M a r. 19 33% M a r. 3 29 29% Sale 29 M a r. 102% 96 98 96% M a r. 28 101 M a r. 13 96% M a r. Sale Sale M a r. 30 5 5 6% M a r. 2 M a r. 5 Sale 38 39 37% M a r. 27 43% M a r. 3 37% M ar. M a r. 30 67 M a r. 9 62 M a r. 69% 63 67% 62 M a r. 18 103 M a r. 18 101 103 Sale Sale F eb . 17 55 51% M ar. 23 55% M a r. 31 50 Sale Sale 22 Sale 114 2% 30% 20% 90% 113% 99 M a r. M a r. M a r. M a r. M a r. 2 26 18 24 24 4% 46% 22% 91% 119 100 M a r. M a r. M a r. M a r. M a r. M a r. Sale Sale Sale 15 50 13% 14% 106 8 M ar. M a r. M a r. M a r. 14 16 18 15% 2 107% 4 8 M a r. M a r. M a r. M a r. Sale Sale Sale Sale 109 14 140% 97 100% 100% 61% 9 18 1% 11 64% 113 16% Sale Sale Sale Sale Sale 108% 12% 137 96 100 100% Sale 60% 10 8% 22 19 2 1% 11% 11% Sale 64 Sale 113 Sale 16 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 19 2 23 16 IS 28 30 19 3C 9 21 30 M ar J 2 M a r. 2 M a r. 4 M a r. 4 M a r. 18 M a r. 23 M a r. 2 M a r. 23 M a r. 30 M a r. 13 M a r. 13 M a r. 4 M a r. 30 M a r. 2 1% 35 94% 105% 136 85% 16 51% 152 13% 3% 2% M a r. Sale 34% M a r. Sale 91% M a r. 106% 105% M a r. 140 135% M a r. M a r. 87 86 18 15% M a r. Sale 49% M a r. 154 153% M a r. M a r. 14% 13 67% Sale 8 10 20% 22 2 1% 15 11 Sale 69 115 Sale 18 113% 16 154 97% 102 100% 68 9 19 2% 13% 69% 113 M a r. 14 18 M a r. F eb . Jan. Jan M a r. M a r. M a r. Feb. M ar. M a r. Feb. M ar. Jan. M a r. 118 16 154 97% 102 100% 70% 10 % 2% 15 72 116% 19% Jan. Jan. M ar. M a r. M a r. M a r. Jan. Jan. Jan. Jan. Jan. Jan . Feb. Jan. 19 3 4 4 18 23 3 22 19 3 2 9 16 3 M a r. 27 2% M a r. 12 32% M a r. 2 90% M a r. 12 103% M a r. 6 114% M a r. 9 85 M a r. 4 15% M a r. 2 49 A M a r. 6 147% M a r. 25 12 ______1 239 M a r. 3 60% M a r. 14 104% M a r. 6 10 % M a r . 6 75% M a r. 4 75 M a r. 31 90 M a r. 2 % M a r. 31 101% M a r. 23 8 M a r. Jan. F eb. Feb. Jan. Jan. M a r. 3 38% 103% 110 148% 87 25 Jan . M a r. M a r. Jan. M a r. M a r. Jan. 5 12 2 8 6 9 19 Jan . Jan. Jan. F eb. M a r. M a r. Jan. M a r. Jan. M a r. M a r. M a r. 6 166% 8! 14% 2 280 17 68% 106% 13% 85% 86% 109% Jan. M a r. Jan. Jan. M ar. Feb. Jan. Jan. Feb. Feb. 2 104% J a n . 18 12% M a r. 12 25 12 15 14 6 14 2 11 24 8 23 M ar. M ar. M ar. M a r. M ar. M a r. 16% 51 98% 58 96 130 M a r. M a r. M a r. M a r. M a r. M a r. 93% 110 109% 244% 11 68% 90% 91% 103 46% 47% 47 102% 24% 12% 37 45% 95 104 88% 13 M a r. M a r. M a r. M a r. M a r. M a r. M ar. M ar. M ar. M ar. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M ar. M a r. M ar. 101% 111% 109% 277 11% 75% 92 91% 108% 57% 54 51 103 28% 16% 42 55% 98 107% 101% 19% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. 92 Sale 93 Sale 108 111% 106% 109 Sale 12% Sale 11% Sale 5% 5 5% 88 77% 85% M a r. M a r. M a r. M a r. 301 99% 30 111% 19 16% 24 5% M ar M ar, M ar, M ar 62 105% 12% 82 77% 104% 1% 101% 10 Sale 62 105 106 10% Sale 82% 80% Sale 77% Sale 108 Sale 103% 102% 10% Sale Sale 108 Sale Sale Sale Sale 15% 52 97 58 93 120 110 100% 111 109 245% 11 % 74% 91 91 107% 56% 54 50% 102 % 25% 14% 38 45% os 106% 97% 19% Sale 12 % 52% 47 98% 97 Sale 46 98 87% 140 125 108 119 Sale 93 104% 113 106% Sale 262% Sale 11% Sale 70 92% 88 92% 88 Sale 103% Sale 48% Sale 46 Sale 50 103% 103 Sale 27% Sale 13% Sale 37% Sale 53% Sale 95 Sale 103% Sale 91 Sale 13% Sale 47% 99 Sale Sale Sale 119 Sale 110 110 Sale Sale Sale 92 92 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 104 Sale Sale 98% 109 15% 5% 79 Sale Sale 55% F e b . 24 108% 10% 134% 94 100 100% 60% 7% 19 1% 11 64 112% 16 11% 45 96 42% 86% 121 158 Sale 26 13 25 25 2 10 27 17 15 9 26 3 13 27 6 19 9 23 28 17 7 16 5 19 12 9 31 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 153 14 Jan. Jan. M a r. Feb. Feb. Feb. Jan. Jan. Jan. Feb. Feb. M a r. M a r. 101 6% F e b . 44% J a n . Jan. 73 Jan. 49% J a n . Jan. Feb. u* M a r. 119 100 F e b . Feb. 118 16% J a n . 16% J a n . 107% F e b . Jan. 9 61 104% 10% 78 75 97% % 101% 8 3 Sale Sale Sale Sale 86 21 120 % 10 % 123% 41% 35% 90% 44% 79% 96 14% 62% 33% F eb. M a r. M a r. Jan. Jan. Jan. F eb . M ar. F eb. Jan. Jan . 27 2% 9 38% 30 103% 30 109 2 140% 9 87 131 20% 11 58% 24 159 16 14% . . 17 67 23 106% 24 12% 19 84 19 79% 24 108% 24 1% 9 102% 18 12% 2% 35% 103% 108% 135% 85 20 58% Sale Prices. M a r. 7 J a n . 14 Jan. 2 M a r. 2 M a r. 4 M a r. 9 Jan. 3 Jan. 3 Jan. 3 M a r. 12 Jan. 2 Feb. 9 J a n . 12 F e b . 21 M a r. 3 J a n . 27 J a n . 13 F e b . 28 J a n . 26 Jan. 8 F e b . 16 J a n . 19 J a n . 29 J a n . 29 Jan. 3 Jan. 2 F e b . 10 F e b . 19 F e b . 14 F e b . 19 F e b . 10 Jan. 7 114% 116% 114% M a r. 11 116% M a r. 7 L14 F eb . 6 116% F e b . 18 63% Sale 60% M a r. 29 66% M a r. 3 60% M a r. 29 69% J a n . 2 Sale 3% Sale 33 23% 20% Sale 90% Sale 113% 97 118 115 14 15% 16 14% 15 15 106% Sale 107 9 5% 8 43 43 50 113% 12% 149% 96% H ighest. Lowest. Sale Sale Prices. Prices M a r. 7 31% J a n . 5 47% M a r. 7 95% J a n . 3 98% M a r. 2 43% M a r. 24 55% M a r. 2 40% M a r. 24 48% M a r. 4 89% J a n . 28 95% M a r. 9 80% F e b . 13 85% M a r. 26 28% J a n . 22 36% M a r. 7 80% M a r. 19 98% M a r. 9 48 M a r. 18 55 M a r. 12 49% M a r. 31 56% M a r. 2 30% M a r. 30 37% M a r. 3 20 M a r. 30 28% M a r. 3 58% M a r. 17 71% M a r. 9 103% J a n . 16 108 M a r. 3 80 J a n . 6 91% M a r. 12 99 J a n . 27 99 M a r. 3 32% M a r. 31 48% M a r. 6 45% J a n . 21 59 M a r. 2 L04% J a n . 3 107 M a r. 11 45 M a r. 24 51 % M a r. 12 50 J a n . 2 67 M a r. 14 M a r. 19 106% M a r. 6 J a n . 9 190 M a r. 2 J a n . 9 189 J a n . 9 6% 4 M a r. 5 34% M a r. 18 43% M a r. 2 2 % F e b . 16 17 M a r. 3 26% J a n . 2 32% M a r. 13 79% J a n . 2 89% 9% M a r. 4 3% J a n . 7 M a r. 6 74% M a r. 30 78% 5% M a r. 3 2 % M a r. 19 18 2% 2 30% 4 20% 11 82% 7 110 27 97% 116 5 13% 30 14 24 105 4 8 4% 45 93% 42% 86% 121 119 93% 105 107 227% 11 64% 90 91 102 42 47% 47 102% 22% 12% 37 36% 92 103% 86% 13 4% 91 108 11% 5% 80 Mar. 20% 64% Jan. 15 Jan. 16% M a r. 2 M ar. 58% J a n . 10 J a n . 19 Feb. 99 M a r. 63% J a n . 2 M a r. 100 J a n . 2 M a r. 147% J a n . 2 Jan. 9 119 Jan. M a r. 101% M a r. 4 Jan . 111% M a r. 12 Jan. 109% F e b . 25 Jan. 2 Feb. 320 Jan. 11 % J a n . 3 F e b . 10 Jan. 79 F eb . 94% J a n . 21 J a n . 13 Feb. 94 108% F e b . 2 Jan. Jan. 57% M a r. 3 M a r. 58% J a n . 14 J a n . 13 M a r. 57 M a r. 105% J a n . 20 F eb . 28% M a r. 26 M a r. 17% F e b . 13 42% J a n . 2 M ar. Jan. 55% M a r. 6 M a r. 4 Jan. 98 Jan. 107% M a r. 6 Jan. 101 % M a r. 6 M a r. 21% J a n . 14 Jan. 7% J a n . 3 Jan. 99% M a r. 3 M a r. 111 % J a n . 3 M ar. 19% J a n . 2 F eb . 6% Jan. 5 J a n . 23 J a n . 23 80 STOCKS In M arch. Since Jan. 1 Par •Gulf S tates S teel_______ 100 F irst p referred _______ lOO H a n n a 1st p referred _____ 100 H arb iso n W alker R ef____ 100 H a rtm a n C o rp o ra tio n ___100 H ayes W heel________ no par P referre d _____________ 100 H elm e (G W ) ......................2 5 P referre d _____ _______ 100 H oe (R ) & Co C lass A .n o par H om estake M in in g _____ 100 H ousehold P r o d u c ts ..n o par H ouston Oil o f T ex as____ 100 H udson M o to r C a r__ no par H u p p M o to r C ar C o rp ___10 H y d rau lic S teel______no par P referre d _______ 100 In d e p Oil & G a s_____no par In d ia n M otocycle____no par In d ia n R efining_________ 10 P referre d _____________ 100 In g e rs o ll-R a n d _________ 1O0 In la n d S teel_________ no par P re fe rre d _____________ 100 In s p ira tio n Cons C o p p e r. .2 0 I n te r n a t A gricultm -af.no par P rio r p re fe rred _______ 100 I n t Business M ach in es no par In te rn a t C em en t_____no par In te r C om bus E n g __ no par R ig h ts________________ I n te r n a t H a rv e s te r_____ 100 P re fe rre d _____________ lOO In te rn a t M erc M arin e ___ 100 P referre d _____________ 100 in te rn a tio n a l N ick el_____ 25 P referre d _____________ 100 in te rn a tio n a l P a p e r_____ 100 P re fe rre d _____________ 100 Preferred s ta m p e d ____100 In te rn a tio n a l S a lt______ 100 In te rn a tio n a l Shoe__ no par P re fe rre d _____________ 100 I n t T el & T e l...................... 100 R ig h ts _______________ In te rty p e C o rp ______ no par Invincible Oil C o rp __ no par Iro n P ro d u c ts C o rp ______ 10 P referre d _____________ lOO Shares. 42,000 45 550 Bid. Shares. 242,800 87 % 245 102 1,850 87 130 103,700 34% 149,100 38 5,200 100 8,600 112% 6,200 47% 9,700 43 74,900 34% 225,800 81 471,300 35% 104,800 18 13,300 1% 6 800 1,652,449 16% 13.500 16 5% 85,400 1,300 720 246 69,600 47% 2,700 105% 81,000 32% 51,600 7% 100 28,100 117% 41,739 52 % 645,100 37% Jew el T e a In c ___________100 P referre d _____________ 100 Jones B ros T ea In c _____100 Jo n es & L a u g h S teel p re f. 100 J o rd a n M o to r C a r ___ no par K an sas C ity L t 1st p f.n o par K ansas & G u lf___________10 K ay ser (J) & C o n e w .n o par F irst p referred n e w .n o par K eliy-Springfield T ire ____ 25 P referred 6 % ________ 100 P referred 8 % ________ 100 K elsey W heel In c _______ 1O0 P re fe rre d ____________ 100 K e n n ec o tt C o p p er__ no par K ey sto n e T ire & R u b .n o par K in n ey (G R ) _______ no par P re fe rre d _____________ 100 K resge (S S) C o ________ 100 P referre d _____________100 K resge D e p t S to res__ no par P re fe rre d _____________ 100 K u p p e n h eim er____________ 5 B p re fe rred ___________100 L aclede G as (St L o u is )..100 P re fe rre d _____________ 100 Lee R u b b er & T ire __ no par L im a Loco W orks____no par L ig g ett & M y ers T o b p f.1 0 0 N e w ___________________25 B n ew _________________ 25 R ig h ts _______________ Loews In c o rp o r a te d ..n o par L oft In c o rp o ra te d ____no par L ong Bell L u m b er A . .n o par Loose-W iles Bis t r c tfs ___ 100 F ir s t p re fe rred _______ 100 2d p re fe rred _________ 100 L orillard (P) p re f_______ 100 N e w ___________________25 L ouisiana O il________ no par L u d lu m S teel________ no par M cC ro ry Stores, cl B .n o par P referre d _____________ 100 M c ln tu re P o r M in es______ 5 M ack ay C o m p an ies_____100 P re fe rre d _____________ 100 M ack T ru ck In c _____no par 1st p referred _________ 100 Second in sta llm e n t p aid 2d p re fe rred _________ 100 M a c y _______________ no par P re fe rre d _____________ 100 M ag m a C o p p er______no par R i g h t s __________________ M allin so n (H R)& Co .n o par P re fe rre d _____________ 100 M a n a ti S u g a r___________100 P re fe rre d _____________ 100 M a n h a tta n E l S u p p ..n o par M a n h a tta n S h irt________ 25 P re fe rre d _____________ 100 M an ila E lec tric C o rp .n o par M aracaib o Oil E x p l__ no par M arlan d O il_________ no par M arlin -R o c k w e ll_____no par M a rtin P a rr y C o rp __ no par R ig h ts _____ __________ M ath ieso n A lkali W ks.no par P re fe rre d _____________100 R ig h ts _______________ M axw ell M o t W Y cl A . .100 C lass B ________ '___no par M ay D e p t S t o r e s . . ______ 50 P re fe rre d _______ ______ 100 M erg en th aler L in o ty p e . .100 M etro p o l E d iso n p re f.n o par M etro -G o ld w y n P ic p re f. .27 M exican P e tro le u m _____100 M exican Seab’d O il__ no par M iam i C o p p er____________5 M iddle S tates O il________ 10 C e rtific a te s ____________ 10 M idland Steel P ro d p re f. 100 M idvale Steel & O rd _____50 M o n tan a P o w er________ 100 P referre d _____________ 100 M o n tg o m ery W ard & C o . 10 M oon M o to r C a r_____no par M o th er Lode O oali__ no par 8,400 1,500 7,700 400 78,100 500 2,400 7,100 500 40.200 600 1,200 1,600 500 277,400 21,800 3,800 17,200 24,500 800 1,200 1,700 4,100 22,500 58,900 139,400 27,400 100 684,540 2,800 16,500 700 126 10,400 1,000 35,500 11,800 100 7,000 11,100 288,500 45,600 900 41,300 130,000 134,100 500 52,700 6,450 200 700 100 15,600 23,100 500 300 1,450 10C 5,300 300 100 100 15,900 5,000 31,000 600 6,800 22,300 33,800 190,700 12,100 8,300 21,500 250 200 500 45,400 168,700 295,700 1,700 200 3,175 200 800 228,500 1,200 100 500 27,800 300 41,800 26,400 400 2,000 500 41,400 16,100 200 10,900 37,400 322,100 5,600 20,000 23,000 23,200 140,700 564,300 45,300 200 400 3,700 100 50,800 105,500 29,300 3,600 20,800 100 241,200 27,400 34,600 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . S A L E S TO A P R IL 1. •» . Y . S T O C K E X C H A N G E 27 STOCKS-STOCK EXCHANGE RECORD A pril, 1925.] Jan. 2 1925. H ighest. Lowest. H ighest. Lowest. 27% 31% 28% Sale Sale 31% Sale 30 103 101% 103% 102 69 69 73% M a r. M a r. M a r. M a r. 23 14 4 30 31% 37% 103% 73% M a r. M a r. M a r. M a r. 49% Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 46% 43 35% 63% 42% 15% M a r. M a r. M a r. M a r. M a r. M a r. 26 10 9 30 17 18 48 45 36% 81% 44% 16% M a r. M a r. M a r. M a r. M a r. M a r. 2 7 27 2 4 2 9 7% 29% Sale 16 17 8% Sale 86 90 240 Sale 46 107% Sale 28% Sale 11% Sale 47% 48 121 119 55% Sale 40% Sale 5 23% 13% 6% 70 226 40% 103% 22% 9 7% M a r. 3 9 20% M a r. 17 Sale M a r. 24 13% 13 Sale 5% M a r. 24 M a r. 24 85% 77 219% M a r. 17 235 40% M a r. 30 Sale 107% M a r. 4 107 Sale 22% M a r. 31 7% M a r. 17 9% 7% 33% 15% 9% 85 225 46% 108 28% 11% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 3 6 Jan . 5 6 13% J a n . 5 7 13 M a r. 24 2 5% J a n . 2 10 77 M a r. 24 17 219% M a r. 17 6 40% M a r. 30 Jan. 3 19 107 2 22% M a r. 31 2 7% J a n . 7 105% 114% 12% 46% 27 97% 56 106 75% 70 V. 115% 117% 93 4% 24% Sale Sale Sale Sale Sale 99 Sale 101% 114 11% 41 26% 97% 50% 102 71% 88 97 80 84 82 20% 110 18% 112% 58% Sale Sale 19% 115 Sale 101% % Sale 93 Sale 53 50 96 112 Sale Sale Sale 100% 510' 113% Sale 113% 29 100 Sale 90 13% Sale 123 Sale Sale 18% 107 16% 113% 45 100% % 19% 80 14 45% 42 85 109 46% 2% 75 99 530 107 34 90 26% 98 176% 85 11% 62 115% 57 57 Sale 110% Sale Sale Sale Sale % Sale 90 Sale Sale 44 90 110 Sale Sale Sale 105 Sale 113% Sale 92 27 99 Sale 18% 105% 16% 113% 43% 100% % 18% 83 12% 43 41 88 110 46% 2% 74 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 30 21 31 31 17 24 7 17 30 24 25 25 26 25 30 3 25 21 110 18% 115 59% 101% % 23% 89% 17% 51% 48% 97% 110 54% 3 81 506 110% 31% 93 26% 100 143% M a r. M a r. M a r. M a r. M a r. M a r. M a r. 5 23 17 5 19 13 5 532 110% 39 93 26% 100 178 Sale 17 Sale 255 Sale 107 Sale Sale Sale Sale Sale 107% 112 13% 45% 27 95 59 Sale 115 Sale Sale Sale Sale Sale 73 75 22,700 7,100 24,300 1,700 118,800 2,900 28,600 35,700 1,100 103,400 1,200 3,400 7,400 900 808,200 62.800 10,400 700 4,775 100 29,600 1,700 200 400 31,500 100 24,700 136,500 9,600 24,700 67,100 100,600 332,100 101,200 14,000 51,000 650 400 3,000 179,400 562,200 364,700 5,300 700 18,575 2,200 2,600 785,200 4,600 3,700 2,500 83,800 1,200 127,700 68,340 180,700 1.100 5,600 1,600 61,500 79,500 200 17,400 230,400 1,439.600 13,300 50,400 32,700 92,400 60 45,951 340,100 1,020,330 127,300 700 20 103 20% 111% 49 99 % 26 86 17 52% 45 97% 109 56% 2 85% 96 475 21 Sale Sale 113 Sale Sale Sale 27% 89% Sale 53% 51 Sale 110 Sale Sale Sale 98 490 44 90 26 96 111 76 12% 70% 116% 66 66% 44% 90% 28 100 Sale Sale 115 117% 120 Sale 92 Sale 26 15% Sale 90 92 13 Sale 119% Sale Sale Sale 23 6% Sale 77% 102% 102% 108 34% Sale 106 106 111 Sale 36% 92% 102% 16 115% 68 118% 106 Sale 94 107 Sale 117 68% Sale 107 99 68 115 44 Sale 69% 118 Sale 33% Sale 85 90 48 53 80 83 43 Vi Sale 30% Sale Sale Sale Sale 13 Sale 56% Sale 94 100 81% 36 110% 121% M arch. 31 Sale Prices. Sale Prices. A sk . Bid. Sale Prices. A sk. Sale Prices. Sale 67% M a r. 24 91% M a r. 2 67% M a r. 24 94% F e b . 5 70% Sale 106 104% M a r. 26 104% M a r. 26 104% M a r. 26 105% J a n . 20 99% 106 F eb . 11 84% M a r. 20 89% M a r. 4 84% M a r. 20 89 87% 75 113,100 4,600 113,000 482,700 563,720 4,305 239,800 300 14,750 400 3,900 400 40,800 47,300 9,700 25,070 4,100 29% 28% 38% 12% 35% March 2. A sk . Bid. Sale 91% 103 101 89 86% 120 Sale 31% Sale 36% Sale 102 80 72% Sale Ssle Sale 124 172 97% 98 Sale 18 192 Sale 21 Sale 23 1% Sale 47% 44% 35% 81 40% 16% % 23% 90 16% 50% 46% 94 109% 53% 2% 78 98 500 110 38% 110 26% 98 148% 80 12% 69% 118% 61% 61 8% 23% 7% 48 86% 108 108 108% 34% 21% 35 86 105 18 115% 68% 138 108 135 103% 75 115% 40% 29% 82 52 81 46% 26% 105 28% 32% 43 11 31% % 68 97% 110% Sale Sale 54 36% Sale 46 43% 35 60% 40 14% 46 43 34% 60% 335^ 14% M a r. M a r. Jan. M a r. 23 14 7 30 37% 43% 104% 77% Jan. 7 Jan . 3 F eb . 26 J a n . 21 M a r. Jan. Jan . M a r. Jan . M a r. 26 2 5 30 5 18 48% 50 37% 85 44% 19% 1% 7% 33% 20 10% 95 249 50 110 32% 13% 52% 125 57% 44 Jan. 9 J a n . 12 J a n . 20 J a n . 29 M a r. 4 Jan. 5 Jan . 8 F e b . 18 M a r. 6 Jan. 3 Feb. 6 Jan. 7 Jan. 9 Feb. 2 J a n . 22 J a n . 12 Feb. 5 J a n . 16 Feb. 9 Feb. 4 M a r. 6 110% 115% 14% 52% 28% 99% 62 110% 76% 77 118 120% 97% 4% 26% 22% 105 Jan . Feb. Feb. F eb . Jan . F eb . Jan. Feb. Feb. Jan. Feb. Feb. Feb. Feb. Jan. Jan. Feb. M a r. 30 110 M a r. 30 120% M a r. 4 110 Jan. 5 53% M a r. 24 57% M a r. 10 52 M a r. 6 31% J a n . 21 35 M a r. 30 44 96% Sale 114% 114 Sale 10% Sale 39% Sale 24% 97% Sale 48% Sale 108 71 Sale Sale 77 67 115 118 116 117 120% 117% 125 Sale 87% 87% Sale Sale 2% Sale 2 Sale 25% 23 23 M a r. M a r. M a r. M a r. M a r. M a r. M a r. 25 3 18 18 18 6 19 107% 114% 12% 48 27% 98 56% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 9 75% M a r. M a r. M a r. 17 68 M a r. M a r. 3 118 M a r. 31 93% M a r. M a r. 23 4% M a r. M a r. 31 25% M a r. M a r. 30 88 M a r. 4 96% 2 114 3 10% 3 39% 2 24% 18 94 2 48% 103 3 71 18 67 12 108 119H 3 87% 2 2 5 23 15% 11 82 M a r. M a r. M a r. M a r. M a r. Jan. M a r. Feb. M a r. M a r. Feb. Jan. M a r. M a r. M a r. Jan. Jan. 25 3 18 18 18 6 19 26 9 17 2 8 31 23 31 2 27 23 13 5 5 31 6 13 27 11 10 24 28 19 19 5 9 10 Sale Sale Sale Sale 110 24% 6% 46% 82 105 109 109 107 Sale 33% Sale 15% Sale 37% Sale 82 106% 102% 18% 17 114 117 69 66% Sale 128% 109 106 140 Sale 100% 77 77 Sale 115% Sale 34 22% 6 45% 80 106% 110 109 111 Sale 33% Sale 14% Sale 35 85 79 104 107 17% 16% 120 114 66 69 Sale 121% 107% 106 136 102% 102 Sale 73 115% Sale 34 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 14% 71 120 61% 61% 8% 9 26% 7% 28 20 48% 30 97% 23 109 7 111 5 110% 17 36% 31 22 2 55 17 86 30 105 25 18 20,114 12 69 23 143% 23 108% 16 136 5 103% 24 81% 2 116% 31 41 Sale Sale Sale 83% Sale Sale Sale Sale Sale 80 Sale Sale 21% 81 50 79% 32 20% 105 28% 25% 32% 10% 25% % 57% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 30 16 19 30 21 16 12 5 30 30 13 24 11 30 29% 82% 52 82 59 27% 105 33 32% 44% 13 34% % 71% 3 18% M a r. 30 21% F e b . 26 F e b . 25 2 102% J a n . 19 110 4 16% M a r. 31 21% F e b . 3 M a r. 23 23 111% F eb. 9 115 J a n . 27 59% M a r. 3 3 42 J a n . 2 101% M a r. 12 12 99 % F e b . 28 1 % J a n . 28 3 9 18% M a r. 17 27% J a n . 5 J a n . 13 M a r. 30 90 9 83 6 12% M a r. 24 17% J a n . 3 M a r. 25 53 Feb. 4 9 43 M a r. 25 51 Jan. 5 6 41 M a r. 26 101 J a n . 13 3 88 M a r. 25 25 107% J a n . 27 110 2 46% M a r. 30 57% J a n . 13 1 % J a n . 9 3% F e b . 5 5 Jan. 3 7 74 M a r. 25 87 97% J a n . 6 100 Feb. 3 M a r. 24 M a r. 24 461 J a n . 28 532 M a r. 23 110% M a r. 23 110% M a r. 23 M a r. 2 31% J a n . 21 45% J a n . 7 J a n . 31 M a r. 5 88 J a n . 16 93 M a r. 19 26% M a r. 19 27 F e b . 11 M a r. 13 99% F eb . 9 100 M a r. 13 M a r. 31 M a r. 31 110% J a n . 5 178 81 F eb . 20 81 F eb . 20 M a r. 6 11% F e b . 20 15 Feb. 5 M a r. 3 61% M a r. 31 74% J a n . 14 M a r. 3 M a r. 3 116% J a n . 16 120 M a r. 2 57 M a r. 25 71% F e b . 6 M a r. 2 55% M a r. 27 70% F eb . 6 M a r. 7 7% J a n . 27 9% F eb . 6 M a r. 13 22 F eb . 17 26% M a r. 13 M a r. 3 6 J a n . 28 8 F e b . 19 M a r. 3 45% M a r. 20 51 J a n . 31 M a r. 7 77 F eb . 17 97% M a r. 7 M a r. 12 104% F eb . 13 109 M a r. 12 M ar. 16 104 F eb. 11 111 M a r. 16 M a r. 25 108% F eb. 27 112 J a n . 12 M a r. 6 30% J a n . 24 37% J a n . 13 M a r. 2 14% M a r. 31 23% F eb . 3 M a r. 4 31% F eb. 17 55 M a r. 4 M a r. 2 79 M a r. 17 94% J a n . 13 M a r. 3 102% F eb. 16 105 J a n . 10 M a r. 3 16 J a n . 2 18% F eb . 24 M a r. 20 114 M a r. 20 117% F eb . 4 M a r. 4 66 M a r. 12 78% F eb. 26 M a r. 3 117 J a n . 16 148% F e b . 10 M a r. 9 104 J a n . 27 109% F eb . 18 M a r. 16 116 J a n . 5 137 F eb. 9 M a r. 3 99 J a n . 2 104 F eb . 27 M a r. 30 69% J a n . 3 84% J a n . 10 M a r. 6 114% J a n . 20 116% J a n . 8 M a r. 3 34 M a r. 31 44% J a n . 2 % F e b . 24 1% F e b . 9 M a r. 2 21% M a r. 30 37% J a n . 23 M a r. 4 81 M a r. 16 86 J a n . 16 M a r. 2 50 J a n . 5 53% F e b . 26 M a r. 10 79% M a r. 30 82 Feb. 9 M a r. 10 32 M a r. 21 59 M a r. 10 M a r. 3 20% M a r. 16 30% J a n . 3 M ar. 12 1 05 M a r. 1 2 M a r. 12 1 05 M a r. 28 28% M a r. 5 33 M a r. 28 M a r. 2 25% M a r. 30 35% J a n . 31 M a r. 3 32% M a r. 30 46% J a n . 31 M a r. 20 10% M a r. 13 13 M a r. 20 M a r. 6 25% M a r. 24 37% J a n . 7 M a r. 4 % Feb. 6 % F e b . 20 M a r. 3 51 J a n . 6 73% F e b . 11 82 46% 101 116% M a r. M a r. M a r. M a r. 18 2 23 6 89% 59% 110% 118 M a r. 26 74% M a r. 9 33% M a r. 6 101 M a r. 24 116% Sale Sale Sale 98% 100% 100 18% Sale 18% 260 250 12% Sale 11% Sale 11 10% 1 1 Sale M a r. M a r. M a r. M a r. M a r. M a r. 2 30 20 17 10 26 101 20% 250 16% 21% 1% M a r. M a r. M a r. M a r. M a r. M a r. Sale 96% Sale M a r. 27 105% M a r. 24 81 50 79% 52 22 105 29% 32 Sale 26 Sale 34% Sale 11 Sale 27 Sale Sale 60 101 96 85% Sale 47% Sale Sale 106 116 2,200 100 66,100 20% 110 313,500 16 200,200 21 1% 107,600 300 Sale 9,300 96 104 1,300 28% 29% 37,400 71 72 68% 700 107% 110% 110 950,100 47 Sale 48% 109,400 23% Sale 26% Sale 129,900 9 8 48 44 Sale Sale Sale Sale 4 27% 3 30 6 100 4 69 Sale Sale 87% 56% 103 118% 12% 11% Sale 61% 118 118 57 59 Sale 55% M a r -1 8 M a r. 31 M a r. 19 M a r. 25 M a r. 27 Sale Sale Sale Sale 109 Sale Sale Sale 12 Sale Sale 98 Sale Sale Sale 125 68% 64% Sale 114 108% 110 Sale 43% Sale Sale 24% Sale Sale 6% Sale 96 64% 109 41 22% 6% M a r. M a r. M a r. M a r. M a r. 31 20 30 19 20 70% 109 50% 26% 8 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 17 98 2 18 20 225 3 11% 2 10% 2 1 1% 3 96 29 13 64% 20 109 2 41 2 22% 2 6% 6 F eb . J a n . 27 89% M a r. J a n . 27 59% M a r. M a r. 23 111% J a n . M a r. 6 123% J a n . 10 26 9 2 16 Jan. Jan. F eb . M a r. M a r. M a r. Feb. Jan. F eb . M a r. M a r. M ar. M a r. M a r. 17 5 20 6 13 13 13 3 10 3 23 13 26 2 7 3 5 17 10 26 13 2 2 31 20 30 19 28 101 22% 250 22% 24% 1% 1% 105% 30% 72 111 55% 27 9% M a r. F eb. M a r. Jan. Jan. Jan. Feb M a r. Jan. Jan. Jan. Jan. Feb. Jan. STOCKS STOCK EXCHANGE RECORD 28 [V ol. 120, 1 STOCKS N. Y. ST O C K EX C H A N G E S A L E S TO A P R IL 1. In M arch. Par Shares. M ullins B o d y ____________ no par 5,600 P re fe rre d _____________ 100 200 M un sin g w ear____________ no par 700 M u rra y B ody c tfs ____no par 8,900 N a sh M o to rs C o _____ no p a r 8,300 P re fe rre d _____________ 101 200 N a tio n a l A cm e sta m p e d - .1 0 5.200 N a tio n a l B i s c u it ________ 25 26,400 P re fe rre d _____________ 100 1,000 N a tl C loak & S u it______100 6,800 P re fe rre d _____________ 100 1.200 N a t D airy te m c tf____no par 12,700 N a tio n a l D e p t S to res.n o par 11,100 P re fe rre d _____________ 100 2.500 N a t D istill P ro d , p f_ .n o par 4.500 N a t E n am el & S ta m p __ 100 16,100 P referre d _____________ 100 900 N a tio n a l L e a d _________ 100 23,800 P referre d _____________ 100 700 N a tio n a l S u p p ly _________ 50 10,900 P referre d _____________ 100 100 N a tio n a l S u re ty ________ 100 N e v ad a Consol C o p p er___ 5 23.900 N ew p N & H R y G & E ..1 0 0 1,900 P re fe rre d _____________100 400 N Y A ir B ra k e ______ no par 16,700 C lass A _______________ no par 3,200 N ew Y ork O an n ers___no par 3.600 1st p re fe rred _________ i0 0 100 R ig h ts __________________ 3,208 N ew Y ork D ock________ 100 5,800 P re fe rre d _____________ 100 1.600 N Y S hipbuilding____no par 300 N Y S team 1st p re f___no par 500 N iag ara F alls Pow ___no par 700 P referre d , n e w ________ 25 2.700 N iag L ockp & O nt Pow p f 100 200 N o rth A m er’n when iss__ 10 274,900 P referre d ______________ 50 7.100 N u n n a lly Co (T h e)___no par 700 O n ta rio Silver M ining.no par 700 O nyx H o siery___________ no par 3.700 P re fe rre d _____________ 100 400 O rpheum C ircu it In c ______1 15,400 P referre d ______________ 10 600 O tis E le v a to r____________ 50 29.900 P referre d _____________ 100 100 O tis Steel_______________ no par 30,300 P re fe rre d _____________ 100 3.300 Ow ens B o ttle ____________25 27,000 P re fe rre d _____________ 100 100 P acific G as & E lec tric __ 100 4.100 P acific M ail SS____________5 600 P acific O il______________ no par 425.500 P a c ific T elep h & T eleg-.lO O 1.300 P re fe rre d _____________ 100 100 R ig h ts _________________ _ 1.100 P a c k a rd _________________ 10 167,000 P referre d _____________ 100 4,100 P an -A m er P e t & T r ______50 245.500 C lass B sto ck _________ 50 1,798,400 P a n h a n P ro d & R ef_ .n o par 1,600 P a n h a n d le P & R , p re f..1 0 0 1,000 P a rish & B ing, s tp d ..n o par 1.700 P a rk & T ilfo rd ______ no par 11.900 P e n n C oal & C o k e _______ 50 1,500 P enn-S eab S t v t c ____ no par 129,600 P en n ey (J C ) C o p re f___ 100 P eo p le’s G as L & C o k e. .1 0 0 9,800 P h ilad elp h ia Co (P itts )__ 50 14,200 P h ilad elp h ia Co p re f_____50 1,300 P h ila & R ead O & I . . n o par 87,900 C e rtific a te s___________ no par Phillips Jo n es C o rp ___no par 200 P re fe rre d _____________ 100 300 P h ilip M orris & C o ______10 15.500 Ph illip s P e tro leu m ___no par 323,400 Phoenix H o siery__________ 5 900 P referre d _____________ 100 100 Pierce-A rrow M o t C .. n o par 18.500 P re fe rre d _____________ 100 25.200 P rio r p re fe rre d _____ no par 1,800 Pierce Oil C o rp __________ 25 20.200 P referre d _____________ 100 2,200 P ierce P e tro le u m _____ no par 82,120 P ittsb u rg h C oal (of P a ) . . 100 16,600 P re fe rre d _____________ 100 1.400 P ittsb u rg h Steel p re f___ 100 700 P itts T e rm C oal Receipts. 100 7,000 P re fe rre d _____________ 100 600 P itts b u rg h U tilities, p r e f . .1 0 8,900 P referred certifs_______ lO 1.400 P o rto RicoJAm T o b _____100 800 P o stu m C e r e a l______ no par 35,200 8% p re fe rred _________ 100 100 Pressed Steel C a r_______ 100 32,000 P re fe rre d _____________100 3.400 Producers & R ef C o rp ___ 50 24,900 2,800 P re fe rre d ______________ 50 C e rtific a te s____________ 50 P u b Serv C o rp o f N J p f.1 0 0 1.500 N ew __________________ no par 53.500 1,000 7 % _________ -.- 1 0 0 R ig h ts ________________ 11,300 28,900 N ew rig h ts ___________ 3.500 P u b Serv E & G , p re f__ 100 P u b Serv E lec Pow , p f__ ICO 1,700 46.500 P u llm an C o m p an y ______100 P u n ta Alegre S u g ar______50 19,600 136,800 P u re O il.n _______________25 1,100 8 % p re fe rred _________ 100 642,400 R adio C orp of A m e r..n o par 5,100 P referre d ______________ 50 28,700 R ailw ay Steel S p rin g ___ 100 600 P referre d _____________ 100 R an d M in es____________ 81,600 R a y C onsol C o p p er______10 Reis (R obt) & C o ____no par 300 1st p referred _________ 100 113.600 R em in g to n T y p e w rite r. .1 0 0 100 1st p re fe rred _________ 100 100 1st preferred series S ..1 0 0 300 2d p re fe rred _________ 100 54,500 R eplogle S te e l..............no par 78,200 R ep u b lic Iro n & Steel__ 100 1,600 P re fe rre d _____________ 100 27.400 R ey n o ld s Spring C o . .n o par \ __ _ 25 200 32.400 R eynolds (R J) R ob Cl B .2 5 1,900 7% p re fe rred _________ 100 1,400 R ossia In s u ra n c e ________ 25 101,500 R o y al D u tc h Co N Y sh s.1 0 0 120,710 S t Jo sep h L e a d ___________10 174,400 Savage A rm s C o rp ______ 100 17,100 Sch u lte R e ta il Stores .n o par 600 P re fe rre d _____________ 100 151.600 Sears R oebuck & C o ____100 Seneca C opper C o rp . . n o par 1,500 S h a ttu c k A rizona C o p p e r. 10 'Since J a n . 1. Shares. 17.700 300 4.000 9.200 38.400 14.500 15.300 111,000 2.500 22.300 5.300 62.500 48.300 8,380 39.800 54.200 3.500 68,600 2,600 59.800 900 100 54.500 2 .2 0 0 500 58.400 9.400 14.200 100 3,208 14.300 7.500 2.700 3.600 1.400 7.800 400 714.300 32.300 4.000 3.100 6,900 1,200 53.600 1.100 55,225 1.000 164.300 13.000 127.200 100 17.700 7.100 1,478,400 4,850 1,400! 1.100 448.500 7.500 552.200 2,527,100 30.300 2.400 5.200 71.800 12.800 785.100 400 35.000 57.700 3,284 383,700 600 8.800 17.300 59,500' 1,218,300 R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . Jan. 2 1925. March 2. Bid. A sk . Bid. 16% 17 18% 80 87 83% Sale 33 32 41% Sale 198 263 104% Sale 105 6% 6% 5% Sale 73 68% 126% 125 67% 69 67 99 100 100 42 Sale 45% 38% Sale 41% Sale 102 99% Sale 53 66 Sale 33 34% 84 80 82 160% Sale 160 116 117 116% 61% Sale 67 104% Sale 107 171 201 16 Sale 14% 52 56 53 84 93 81% Sale 56 51% 55 57 55% 34% 35% 33% 95 30 29 Sale 55 20 96% 98 43% 45% Sale 29 42% 46% 7% 6 18% 79 27% 97 90 102 10 60% 47% Sale Sale 8% 6% 22 83% Sale 100 Sale 107% Sale 62 Sale Sale 103 Sale 9 54% Sale 87% 94 96 93 15% 102 65 64% 2% 38% Sale 103 Sale Sale 3 44 34% 26 2 104 114 56% 45% 48% 49 85 82 14% 36% 20 85 14% 50% 89 1% 25% 5% 49 98% 101% 61 86% 15 Sale Sale Sale A sk . 19 88 33% Sale Sale 106 6% Sale Sale 69 102% Sale Sale 100% Sale 35 86 Sale 119 Sale 110 Sale Sale 83 Sale 56% Sale 97 26 57 25 99 57 28% 107 47 48% 10% 6% 23 78% 29% 99 92 101% 10 58% 46% 110 108% 9% 63% 100 94% Sale Sale Sale 7% Sale 80 Sale 103 Sale 104 Sale 59 Sale 115 Sale 10% Sale 120 96% 19% 105 80 80% 5% 60 1% 31% 18% 2% Sale 107 Sale Sale Sale 70 Sale 31% 19% Sale 115 117 Sale 54% 46 46% Sale 48 49% 47% Sale 68 88 88 Sale 13% Sale 44 23 20 2,000 92 86 900 Sale 13% 74.000 Sale 49% 95.100 Sale 90 8,900! Sale 2% 119,900! Sale 36 31.300 Sale 7% 507.300 Sale 52% 40.100 Sale 97 4,000 Sale 95 3.400 62 55% 21.400 Sale 86 3.400 Sale 13% 22.700 13% 4.300 53 Sale 51 900 104% 177,600 103% Sale 117 115% 800 116 59 91,850 61% Sale 85 7,100 87% Sale Sale 29% 123.100 29 43% 45 7.700 43 20 111 ' ” ¥,666 110 70% 176,000 69% Sale 100% 99% 3,100, 99 26 34.400 25% Sale V 53,700; 3,500, 103% 1,800; 101% Sale 141 145.100 148 45% 107.300 39% Sale 31% 423.400 29% Sale 105% 105% 4.700 105 Sale 65% 2,344,810 69 Sale 52% 19,250 50 Sale 133 66.700 138 119 115 2.600 116 32% 35 1.200 33 15% 305.400 16% Sale 12% 100 11 73 68 400 64 64% 192.200 52% Sale Sale 100 600 100 105 100% 300 100 120 110 900 108 Sale 18 242,900 21 54% 201,800 62% Sale 91 5.700 93% Sale 15% 122.200 15% Sale 200 76% 120.300 75% Sale 3.200 119% 120% 121 V, 96% 94 4.200 92 55 316.500 53% Sale Sale 43% 186,810 45 107% 486,200 84% Sale Sale 112% 94,750 114 112% 112% 4.400 110 160% 399,410 153% Sale 1 W Sale 98.700 6 7% 7% 7.300 28 58 26 99% Sale Sale March 31. Lowest. A sk . Sale Prices. Sale M a r. 11 19 16% 16 82% M a r. 11 82% 88 31 32 31 M a r. 3C 33 36% Sale 35% M a r. 24 42% 288 252% M a r. 1C 298 291 M a r. 3 106 105 105% 106 4% 4% 4% M a r. 24 5% 66% Sale 65% M a r. 17 70 124 123% 125 67 Sale 65% M a r. 5 70 102 100 100% M a r. 9 101% Sale 44% M a r. 17 47% 45 41 % Sale M a r. 6 43 41 Sale 97 97 M a r. 25 100% M a r. 31 68 62 Sale 62 31 Sale 30% M a r. 17 36 81 83 M a r. 10 84 85 144% Sale 140% M a r. 30 162% M a r. 24 118 116 117% 116 61% 62 62 M a r. 25 68% 105% 108% 109% M a r. 12 109% 200 13% Sale 13% M a r. 31 15 M a r. 2 63% 58 59% 53 90 93 87% M a r. 9 93 43% M ar. 19 51% 45% Sale M a r. 19 55% 51% 52% 51 31 % M a r. 30 34% 31% Sale M a r. 9 95 94 95% 95 % % M ar. 24 27% Sale 20 18 55 57% 55% M a r. 27 59 M a r. 31 24% 21 Sale 21 9 IV, M ar. 31 99% 98% Sale M a r. 10 57 50 56 56 28% M ar. 31 28% 28% Sale 104 C 107 M a r. 30 49 44% Sale 44 48% Sale 47% M a r. 5 49 9 9% M ar. 16 10% 9% 5% 5% M a r. 24 5% 6% 21 24 ■20 M a r. 25 23 78% M a r. 31 78% 78% Sale 27% Sale 27% M a r. 31 29% 100 100% M ar. 6 101 98 98% Sale 91 % M ar. 10 104% M a r. 14 104 96% 104 104 8% Sale 8 M a r. 18 10% 53% 54 50% M a r. 18 58% Sale 42% M a r. 17 47% 44 110 111% 111% Sale 104 M a r. 31 107% 105 9% 10% 9 M a r. 19 9% 52% M a r. 30 63% 54% Sale 100 100 M a r. 17 100 115 M a r. 23 96 93% 97 96 % 18% Sale 17% M a r. 19 19% Sale 107 M a r. 3 109 109 77% Sale 71 % M a r. 17 83% 72 M a r. 17 84% 77% Sale M ar. 17 2% 4% 4 5% M a r. 24 60% 39% 60 50 1% 1% Sale 1% M a r. 2 Sale 28% M a r. 31 33% 30 12% 14% 15% M ar. 17 18% 1% Sale 2% 1% M a r. 31 Sale 114 Sale 115 52% Sale 51% Sale 46 47% 46% Sale Sale 39% Sale 38% 40% 48% 39 63 65% 72 60 84 87% 82% 92 12% 13% Sale Sale Sale 36% 37% Sale Sale 22% 20 20 Sale 85 85 92 11% Sale Sale 10% Sale 44 43 Sale 86 89 85 94 Sale 2 Sale 2 33 30 38% 31 6% Sale 6 Sale Sale 45% Sale 44 89% 90 84 98 95 98 94 100 40 41% Sale Sale 81 % 84 Sale 83 13% 13% 12% 14 13% 13% 12% 14 41 50 40% 61 Sale 105% Sale 93% 116% 115% 116% 116 Sale 52% Sale 53 82 83 83 88 22% Sale 22 Sale Sale 46 45 45 112 Sale 102 Sale Sale Sale Sale Sale 106 Sale Sale Sale 118 37% Sale 14 73 Sale 101% 103% 111 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 7 H ighest. Bid. 16 M a r. M a r. M a r. M a r. 28 18 2 28 117% 55% 47% 48% M a r. M a r. M a r. M a r. M a r. M ar. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 23 24 19 30 7 31 30 24 18 19 30 30 30 27 26 31 23 24 20 10 18 17 30 25 30 16 70 87 15 44% 20 86 13% 50% 90% 2% 36% 7% 52% 97 99% 58 86 13% 13% 50 107 115% 68% 89% 30 45% 108% 65% 99 21% 110% 109% M a r. Sale 62% M a r. M a r. 100 99 M a r. Sale 17 94 104% 131 41% 26 103 51% 49% 123% 114 33% 12% 93 % 104 129 40% 25% 103 48% 49% 123 114% Sale Sale Sale Sale Sale 51 Sale 117 35 Sale 12 68% 63 67% Sale 99 105 101 107 110 15% Sale 46% Sale 85 88% 12% Sale 150 73% Sale 120% 94 97% Sale 50 46% Sale 68% Sale 109% 111 112 115 152% Sale 5% 5% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 30 112 30 72% 28. 102 30 27 % .31 95 104% 30 143% 18 45% 30 32 25 106 27 65% 30 52% 30 138% 7 116 Lowest. Prices. M a r. 20 M a r. 11 M a r. 5 M a r. 7 M a r. 26 M a r. 3 M a r. 4 M a r. 6 M a r. 2 M a r. 18 M a r. 5 M a r. 7 M a r. 12 M a r. 7 M a r. 3 M a r. 10 M a r. 11 M a r. 6 M a r. 4 M a r. 2 M a r. 12 M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 7 6 20 3 3 3 9 25 5 7 9 3 2 6 M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M ar. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 18 70% 2 72% 101100% 3 103% 30 111 24 19% 27 56% 25 92 30 15% 148 24 76% 23 120% 10 97% 24 55% 6 51% 30 108% 231112% 21115 30,163% _____ 5% M a r. 27 H ighest. Prices. Feb. 2 M a r. 11 M a r. 3C M a r. 24 Jan. 5 J a n . 21 M a r. 24 M a r. 17 M a r. 11 M a r. 5 J a n . 13 Jan. 2 Jan . 2 M a r. 25 Jan. 8 M a r. 17 Jan. 7 M a r. 30 Jan. 5 Jan. 2 Jan. 2 Sale 21% 87 34 42 % 298 106 7% 75 126% 78 104 48% 43 102 68% 36% 89% 166% 118 71 109% Prices. F eb . 20 Jan. 9 J a n . 23 M a r. 7 M a r. 26 F e b . 28 J a n . 13 Jan. 2 Feb. 7 J a n . 26 J a n . 29 J a n . 26 M a r. 12 Jan. 2 F e b . 21 J a n . 21 J a n . 12 Jan. 9 M a r. 4 J a n . 29 M a r. 12 Jan. 7 M a r. 6 M a r. 20 Jan. 3 Jan. 7 Jan. 8 M a r. 9 13% 52 82 % 43% 51 31% 95 M a r. Feb. Jan . M a r. M a r. M a r. M a r. 31 25 20 19 19 30 9 16% 63% 93 56% 67 35% 95 18 " 52% 17 97 45% 28 107 41% 46% 8 5% 18% 78% 25% 98 87% 101 8 50% 42% M a r. Jan. F eb . Jan. Jan. Jan. Feb. Jan. Jan. Jan. Jan. Jan. M a r. Jan. Jan. F eb. F eb. M a r. M a r. M a r. 24 14 13 15 5 5 25 5 2 16 22 6 31 16 6 27 13 18 18 17 30% 59 28% 100 58 29 107% 49 49 10% 6 23 82 29% 101 104% 104 11% 66% 50% 4 4 2 24 2 9 2 9 14 14 6 3 6 3 7 102% J a n . 5 108% 9 9 J a n . 2 10% 3 52% M a r. 30 65% 17 94 J a n . 15 112% 23 92% J a n . 7 96% % M a r. 10 M a r. 2 15 J a n . 16 19% M a r. 24 102% J a n . 6 109 M a r. 3 64 J a n . 8 83% M a r. 3 63% J a n . 8 84% M a r. 2 3 Jan . 6 5% M a r. 5 43 J a n . 13 60% M a r. 2 1 % J a n . 12 1% M a r. 7 28% M a r. 31 35% M a r. 4 15% M a r. 17 26% M a r. 2 1% M a r. 31 3 105 J a n . 29 105% M a r. 2 112 J a n . 16 121 M a r. 2 51% M a r. 18 57% M a r. 3 45% J a n . 5 47% M a r. 5 38% M a r. 28 52% 48% F e b . 13 50% M a r. 20 65 F eb . 20 90% M a r. 11 82% M a r. 24 95% M a r. 21 12% M a r. 19 16% M a r. 3 36% M a r. 30 46% M a r. 7 20 F e b . 26 23 M a r. 18 85 J a n . 10 86 M a r. 6 10% M a r. 30 15 M a r. 3 43 M a r. 24 51% M a r. 3 85 M a r. 18 92 M a r. 2 1 % J a n . 2 3% M a r. 3 25% J a n . 2 40 M a r. 3 • 5 % J a n . 2 8% M a r. 2 44 M a r. 30 54% M a r. 9 90 M a r. 27 99 M a r. 7 94 M a r. 26 102% M a r. 12 40 M a r. 31 63% M a r. 2 83 M a r. 23 88 M a r. 3 12% M a r. 24 15% M a r. 25 12% M a r. 20 15 M a r. 5 40% M a r. 10 53 M a r. 4 93% F eb . 16 107% M a r. 17 115% F eb . 3 117 M a r. 13 52% M a r. 30 69 M a r. 11 83 M a r. 25 92% M a r. 2 22 M a r. 30 32% M a r. 7 43% J a n . 8 47% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 3 12 4 12 2 12 11 2 2 3 3 4 2 6 23 12% M a r. 30 15% M a r. 2 68 61% 100% 103% 108 13% 45% 88 12% 140 72% 120 96 48% 42% 65 109 112% 147% Sale 14% 82% 31 35% 193% 103% 4% 65% 123% 65% 99 42 38% 97 52% 30% 81% 140% 116 61% 104% M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. M a r. 3 6 10 3 3 4 11 6 2 9 2 30 14 2 14 3 3 21 2 6% M a r. 3 Jan. M a r. Feb. Jan. Feb. Jan. Feb. M a r. M ar. Jan. Jan. M a r. Jan. Feb. M a r. M a r. M a r. Jan. Feb. Jan. 5 7 17 28 24 2 17 4 4 30 16 2 22 27 9 14 14 31 2 3 Feb. Feb. Jan. Jan. Feb. 11 5 31 28 16 F e b . 26 M a r. 24 M a r. 3 M ar. 3 F e b . 26 F e b . 26 F e b . 11 J a n . 10 Jan. 2 Jan. 9 J a n . 13 F e b . 11 Jan. 7 M a r. 3 Jan. 9 J a n . 23 J a n . 12 J a n . 15 Jan . 5 F eb . 2 J a n . 23 M a r. 18 J a n . 13 F eb . 13 F e b . 26 Feb. 5 F e b . 26 Feb. 5 J a n . 13 Jan. 5 Jan. 8 J a n . 17 Jan. 6 Jan. 2 J a n . 15 Jan. 2 F e b . 19 J a n . 13 J a n . 23 Jan. 3 Feb. 3 Feb. 7 109% 62% 99 17 M a r. M a r. Jan. M a r. 30 30 7 30 112% 72% 102 27% Jan. M a r. Jan. Jan. 28 12 27 26 93% 100% 129 39% 25% 102% 48% 49% 122% 114% 33% 12% 11 68 46% 100 100 108 13% 45% 88 12% 140 72% 119% 92 48% 39% 65 109 110 147% % 5% M a r. 31 J a n . 16 M a r. 30 Jan. 2 M a r. 30 Jan. 6 M a r. 27 Jan. 5 F e b . 17 M a r. 7 Jan. 7 M a r. 30 Jan. 8 M a r. 18 J a n . 27 Jan. 2 J a n . 16 M a r. 30 M a r. 24 M a r. 27 M a r. 25 M a r. 30 M a r. 24 M a r. 24 Jan. 8 J a n . 19 M a r. 24 F eb . 17 M a r . 30 M a r. 23 Jan. 6 M a r. 30 F eb . 20 M a r. 27 104% 151% 47% 33% 106% 77% 54 141% 120 35% 17% 11 70 72% 100% 103% 112 23% 64% 95 18 148 78% 121% 97% 57% 51% 108% 116% 115 172% 1% 7% M a r. Jan. Jan. F eb. F eb . Jan. F eb . Jan. F eb. Jan. Feb. Jan. F eb. M a r. M a r. M a r. Feb. Jan. Jan . Jan. Jan. M a r. Feb. F eb . Feb. Jan. M a r. M a r. Feb. Feb. Jan. Jan. Jan. 11 3 7 4 2 2 4 5 16 22 9 8 3 6 10 3 2 13 3 13 5 9 10 25 20 31 14 3 9 19 13 5 3 A p r il , STOCKS N. T . ST O C K EX C H A N G E 29 STOCKS -STOCK EXCHANGE RECORD 1925.] S A L E S TO A P R IL 1. In M arch. Since J a n . 2. Price about Jan. 2 1925. R A N G E S IN C E J A N . 1. P R IC E S I N M A R C H . March 2. M arch 31. Lowest. H ighest. Lowest. H ighest. Sale Prices. Sale Prices. Par Shares. Sale Prices. Bid. A sk . Bid. A s k . Bid. A sk. Sale Prices. Shares. S h a ttu c k (F G ) ______ no par 41 40)4 M a r. 30 43)4 M a r. 26 40 Vs M ar. 30 43)4 M a r. 26 8.700 8.700 Shell T ra n sp o rt & T r a d . . £2 Sale 40)4 M a r. 31 43 54 M a r. 4 40% M a r. 31 4554 J a n . 30 15.800 43 2.300 40)4 Sale 4254 44 Shell U nion O il______ no par 2254 M a r. 17| 26)4 M a r. 2 22)4 J a n . 16 2854 F e b . 4 1,104,700 2254 Sale 228.500 26)4 Sale 23)4 Sale P referre d _____________ 100 10.500 99)4 Sale 2.300 100)4 100)4 10054 Sale 100)4 M a r. 3 101)4 M a r. 3 99)4 J a n . 2 101)4 J a n . 24 1 0 6 V M a r. 10 1 0 6 V M a r. 10 Sherw in-W illiam s p re f__ 100 104)4 10454 100 104 100 Sim ms P e tro leu m ________ 10 Sale 19)4 M a r. 17 2454 M a r. 3 19)4 M a r. 579,300 23 2654 J a n . 12 134.000 2154 Sale 2254 Sale Sim m ons O o__________no par Sale 31% M a r. 17 3454 M a r. 2 31 % M a r. 38)4 F e b . 6 76.200 33 20,800 32)4 Sale 34)4 Sale M a r. 27 103 103 M a r. 27 103 M a r. 27 100J4 J a n . P re fe rrd ____________ 100 102 102)4 700 200 Sinclair Oon Oil C o rp .n o par 24)4 F eb . 2 18 M a r. 241 23 M a r. 3 17 J a n . 138,770 17)4 Sale 238,600 22)4 Sale 1854 Sale P referre d _____________ 100 94)4 F eb . 3 Sale 83)4 M a r. 23i 89)4 M a r. 2 7854 J a n . 85 12,450 7854 Sale 189)4 Sale 2.400 Skelly Oil C o____________ 25 30)4 F e b . 3 642.500 2454 Sale 2154 M a r. 30 29)4 M a r. 3 2154 M a r. 139,900 *28)4 Sale 2254 Sale 97 M a r. 3 80% M a r. Sloss-Sheffield SPI & I . . 100 Feb. 5 80% M a r. 30 94 Sale 94,620 82)4 Sale 23,520 83 90)4 Sale P referre d _____________ 100 92 9454 M a r. 16 9454 M a r. 16 94 54 M a r. 2.700 95)4 Sale 100 9854 F e b . 2 93 96)4 91 M a r. 2 Jan. M a r. 2 62 So P o rto Rico S u g ar____100 73 Sale 65 M a r. i9 73 65 67 10,900 62 2.700 72)4 Sale M a r. 4 M ar. 4 99% J a n . P re fe rre d _____________ 100 108 105 M a r. 3 108 600 98)4 100 200 101 108 10154 105 Spalding 1st p re r_______ 100 99% 101% 99 99% M a r. 28 99% M ar. 28 200 9854 100 200 101 Spicer M fg C o _______ no par 10% Sale 57.800 17)4 Sale 19)4 J a n . 7 15)4 M a r. 30 19)4 M a r. 2 15)4 F eb . 23.200 18)4 Sale M ar. 6 92 ) 4 M a r. P referred _____________ 100 Jan. 5 96 92 93 92)4 M a r. 20 96 1.500 96 700 97 95)4 Sale S ta n d a rd G as & E le c .n o par Sale Sale 44 43 42 54 M a r. 31 4754 M a r. 3 40% J a n . 196.200 40)4 Sale 143.500 4754 M a r. 3 P re fe rre d ______________50 4.200 3.300 5 3 ) 4 F e b . 11 50)4 51)4 50)4 M a r. 27 53)4 M a r. 16 50)4 M a r. 53)4 Sale S ta n d a rd M illing_______ 100 67 M a r. 17 74)4 M a r. 2 66)4 F eb. 7.200 71)4 72 74 Sale 68 69 4.400 74)4 M a r. 2 84 Jan. P referre d _____________ 100 F e b . 16 83 M a r. 13 83 Vs M ar. 11 81 650 81)4 86 83 75 83 200 85 S ta n d a rd Oil of C alif_____25 539.100 6214 Sale 118.500 5654 M a r. 30 64)4 M a r. 3 56)4 M a r. 67)4 F e b . 2 63 54 Sale 58)4 Sale M a r. 2 3 8 % M a r. S ta n d a rd Oil of N J ______25 Sale 1.081.300 40% Sale 269.000 40 3854 M a r. 30 45 47)4 F e b . 3 44)4 Sale P referre d _____________ 100 119 26,000 117)4 Sale 5.900 F e b . 24 11754 Sale 11754 Sale 116Vs M a r. 10 117Vs M a r. 27 11654 J a n . S ta n d P la te G lass c tfs.n o par Feb. 11 M a r. 25 13)4 M a r. 2 10 30,600 1554 Sale 16 7,500 J a n . 16 13)4 Sale 11% 12 M a r. 2 62)4 M a r. Sterling P ro d u c ts___ no par 62% M a r. 25 64 65 Sale Sale 21.800 63 J a n . 23 64 6.300 62)4 Sale S te rn B ros p re f__________100 113 J a n . 100 112 J a n . 28 113 115 114 S te w a rt W arn C o rp _ .n o par M a r. Sale 55 M a r. 18 7254 M a r. 3 55 370.000 7054 Sale 131,000 70 77)4 J a n . 3 59)4 Sale M a r. 2 61 Strom berg C a r b u re t-.n o par M a r. 61 M a r. 18 71 23.100 70 6,000 Sale 7954 J a n . 3 7054 Sale 61)4 64 M a r. 9 112 Stu d eb ak er C orp, p re f__ 100 112 M a r. 13 113 M a r. 112 2.700 110 1,600 110 114)4 110% 115 11454 J a n . 19 N e w ______________ no par 829,900 46 Sale 4154 M a r. 17 46% M a r. 3 41 % J a n . 280,600 44)4 Sale 4254 Sale 4654 J a n . 2 M a r. 6 Subm ar B o at C o rp __ no par 124,600 10 J a n . 13 Sale 9 % Sale 9)4 M a r. 30 12 64.500 854 F eb. 11 9)4 Sale Superior O il_________ no par 173,920 4 M a r. 4 M a r. 18 5)4 M a r. 2 Sale 47.200 6)4 F e b . 9 5 5)4 Sale 4)4 Sale M a r. 4 2 3 ) 4 M a r. Superior S teel___________100 32 23 Vs M a r. 24 31 16,700 35 4.500 Sale 31 26)4 27 4154 J a n . 10 Sweets Co of A m erica new 50 954 M a r. 2 8,800 1154 Sale 8 5)4 M a r. 19 3.900 9)4 Sale 5)4 M a r. 5)4 1154 J a n . 7 M ar. 12| 10 14 J a n . S y m in g to n tem p c tfs .n o par 15 M a r. 2 19 15 Sale 156.500 96.000 19 17% Sale M a r. 12 M ar. 7 1 20)4 M ar. C lass A ____________no par 22 Sale Sale 20% M a r. 19 23 54.300 15.500 21 23)4 J a n . 17 T e la u to g r C orp c tfs_ .n o par 13 38.000 13)4 Sale 1.500 F eb . 7 15 13)4 1154 13% 1154 M ar. 30 13)4 M a r. 3 1154 M a r. T en n C op & C h em __ no par 51.800 14.900 854 M a r. 14 9 Sale 754 M a r. 30 8)4 Sale 754 M a r. 754 Sale 954 J a n . 31 M a r. 3 ! 4254 J a n . 487,967! 43 % Sale T ex as C om p an y (T h e)__ 25 47% Sale 105,500 43)4 M a r. 24 48 49 Feb. 2 43)4 Sale T ex as G u lf S u lp h u r______10 Sale 10154 Sale 98 M a r. 30 11354 M a r. 13 97)4 F e b . 107 803.800 10854 Sale 545.600 11354 M a r. 13 M a r. 3 11)4 J a n . T e x P acific C oal & O il____10 12 M a r. 30 22 897,710 12 254,210 Sale 19)4 Sale 13)4 Sale 2354 F eb . 6 1 300 210 270 T ex as P acific L and Tr__100 280 Jan. 300 250 300 310 310 Jan. 6 T id ew a te r O il___________100 M a r. 30 149)4 M a r. 2 122 62.100 130 12,600 M a r. Sale 152 149)4 Sale 124% Sale 122 F eb . 27 M ar. 3 3754 M a r. T im k en R oller B ea r_ .n o par 377,400 3854 Sale 85.600 3754 M a r. 18 43 41)4 Sale 38 Vs Sale 4 4 ) 4 F e b . 13 T obacco P ro d C o rp _____100 401.500 7054 Sale 99.900 Jan. 7254 M ar. 30 80)4 M ar. 4 70 7854 Sale 80) 4 M a r. 4 7454 Sale T em p ctfs C lass A ____100 Sale 49.500 93)4 Sale 9.000 97 96)4 M a r. 17 99)4 M ar. 13 93 ) 4 J a n . 9854 Sale 99)4 M a r. 13 M a r. 4 T ranscon Oil c tfs_____no par Sale 4 M a r. 19 5 417.200 146.600 Sale 4 4 3)4 J a n . 454 Sale 5)4 J a n 12 T ra n & W illiam s Steel .no par M a r. 6 25)4 M ar. 25)4 M a r. 31 28 10.300 31 2,400 30 35 32)4 28 25)4 Sale J a n 10 24,710 40 6.500 U nderw ood T y p e w rite r__ 25 38 39 38)4 M a r. 26 40)4 M a r. 2 38)4 M a r. Sale 40)4 Sale 42 J a n . 15 200 200 114 115 M ar. 25 115 P re fe rre d _____________ 100 115 M a r. 25i 115 M a r. 115 M a r. 25 17,967 4354 Sale 6.900 U nion B ag & P a p e r_____100 36)4 M a r. 30 44)4 M a r. 2 36)4 M a r. 44)4 Sale 36)4 Sale 45)4 Jan . 2 U nion O il............. .........no par 7-16Sale 127.100 70.000 54 M ar. 11 Vs M a r. 2 .21 Ja n . 1 F e b . 28 Vs % ll-1 6 S a le 36% M a r. 30 42)4 M a r. 2 36)4 M a r. U nion Oil, C alifo rn ia_____25 Sale 570.100 37)4 Sale 133.600 41)4 Sale 37 43 54 F e b . 5 121 M ar. 13 127 M ar. 211 118)4 J a n . 3.700 Union T a n k C a r________ 100 124 122 124 9.500 122)4 Sale 127 128)4 F eb . 27 2.500 113)4 115 500 P referre d _____________ 100 114 116 114)4 M a r. 27 115)4 M a r. 7 13 54 Feb. 115)4 117 116)4 J a n . 13 Sale 83.400 U nited Alloy S teel___ no par 24% M a r. 31 36)4 M a r. 4 24 ) 4 M a r. 136.700 28)4 Sale 28 24)4 Sale 36)4 M a r. 4 Sale 64 M a r. 18 81% M ar. 3I 6 0 % J a n . 189.500 61 86.200 U n ite d C ig ar Stores______ 25 67 61)4 7854 Sale 8 1 ) 4M a r. 3 100 M a r. 30 117 550 1 18 Sale P re fe rre d _____________ 100 114)4 119 114 M a r. 30 .1 7 F eb . 117)4 117 119)4 J a n . 13 33,300 71.300 120 U nited D ru g ____________100 Sale 11754 Sale 116)4 Sale 112)4 M a r. 17 120)4 M a r. 6 110)4 Feb, 12054 J a n . 6 3,600 52 9.500 Sale M a r. 24 52 1st p re fe rred __________ 50 52)4 M a r. 3 53 Jan. 52 54 53 5254 53 54 ) 4 J a n . 12 1.000 40 12 M a r. 18 20 1,000 21 20 12 20 M a r. 14 U nited D yew ood_______ 100 28 20 M a r. 14 29.200 218 Sale 205% Sale 204)4 M a r. 30 216)4 M a r. 3 13.400 U nited F r u it____________100 Sale 215 231 Jan. 3 100 U nited P a p e rb o a rd C o . . 100 Jan . 9 23 % M a r. 6 1,100 1,100 R ig h ts __________________ m )4 M a r. 6 692.800 46 198,100 32% M a r. 30 46% M a r. 3 Sale 43)4 Sale U n iv ersal P ip e _______ no par 35)4 Sale 32) 4 M ap. 50)4 F e b . 11 Sale 73% M a r. 17 89)4 M a r. 6 73)4 J a n . 173.100 79 44,300 87 P referre d _____________ 100 Sale 76)4 Sale 94 F e b . 11 152.700 Sale 165 Sale 152 M a r. 30 24454 M a r. 3 152 405.100 169 Sale 222 U S C a s t Iro n P ip e & F ..1 0 0 M a r. 250 F eb . 11 6 .2 0 0 102 1,200 107 109 M ar. 3 02)4 M a r. P referre d _____________ 100 102)4 Sale 102)4 M a r. 31 108 104 112)4 F e b . 27 95.100 3854 Sale 38,200 32 Sale U S D istrib C o rp _____no par 3054 M a r. 10 3554 M ar. 12 30)4 F eb. 3354 Sale 3954 J a n . 17 100 M a r. 9 30 500 148)4 160 132 160 130 M a r. 9 130 P referre d _____________ 100 115 M a r. Jan. 8 154 5.200 200 4% M a r. 3 454 M ar. 2 U S E x p ress_____________ 100 4% 6 454 Sale 354 454 M a r. 2 4)4 F eb. 18.400 23)4 Sale 8.200 U S H offm an M a c h __ no par 24 Vs Sale 23 M a r. 17 25 M ar. 28 23 24)4 Sale Jan . 25)4 J a n . 9 205.700 Sale 76 M a r. 19 86 M a r. 2 76 489.000 86 Sale 80 U S In d u s A lcohol______100 85)4 Sale M a r. 88 J a n . 2 104 900 103)4 107 300 P re fe rre d _____________ 100 107 105)4 M a r. 5 10854 M a r. 27 105 105)4 107 Jan. 10654 M a r. 27 U S R ealty & Im p ro v t-.lO O Sale 118% Sale 114)4 M a r. 30 12954 M a r. 3 114)4 M a r. 30 129 54 M a r. 3 161,330 124 34,700 Sale 127 2.500 122)4 P re fe rre d _____________ 100 122 % J a n . 2,130)4 F e b . 9 U S R u b b e r_____________ 100 33)4 M a r. 30 43 54 M a r. 6 33) 4 M a r. 30 4454 F eb . 5 396.200 4054 Sale 103,200 41)4 Sale 34)4 Sale 92 54M ar. 30 95)4 M a r. 6 9254 M a r. 30 97)4 J a n . 13 41.100 95)4 Sale 11,700 1st p re fe rred _________ 100 95)4 95)4 9254 Sale 74.000 38 .3 3 ,9 0 0 Sale Sale 30 M a r. 19 35 Vs M a r. 28 30 U S Sm elt Refg & M g ____50 3254 Sale 35 F eb . 17 39 Jan . 7 Sale M a r. 27 44)4 M a r. 18 46)4 J a n . 5 2,600 P re fe rre d ______ _______ .5 0 45 44)4 M a r. 18 46 8.200 46 47 4554 46 U nited S tates S teel_____100 1,202,400 3.387.300 120% Sale 123)4 Sale 11554 Sale 11254 M a r. 30 12554 M a r. 6 11254 M a r. 30 12954 J a n . 23 42.800 12254 Sale 9,700 P re fe rre d _____________ 100 123 )4 Sale 122 54 Sale 122)4 M a r. 12 123)4 M a r. 21 122)4 Feb. 16 12654 J a n . 26 54 3.000 54 1,900 U S T o b acco________ no par 55 54)4 51)4 5354 51)4 M a r. 24 54 V M a r. 281 51)4 M a r. 24' 56 F eb . 7 108 300 P re fe rre d _____________ 100 7.500 104)4 109 111 107 M a r. 24 110)4 M a r. 9 107 106)4 108 M a r. 24 110)4 M a r. 9 U ta h C o p p er_____________ 10 Sale 82 M a r. 19 88)4 M a r. 4! 82 7.600 87)4 Sale 4,400 88 )<4* 8954 82 M a r. 19, 92 J a n . 15 51 M a r. 3 6954 M a r. 20 41 % F eb . 17, 6954 M a r. 20 599.500 43)4 Sale 378,000 U ta h S ecu rities_________ 100 5454 Sale 65)4 Sale V anadium C o rp ______ no par 35,900 26 M a r. 18 30% M a r. 2- 26 87.500 3054 Sale 28)4 Sale 26)4 Sale M a r. 18 3154 J a n . 3 500 20)4 22 V an R a a lte __________ no par 200 17)4 21 17)4 M a r. 19 17% M a r. 19, 17)4 M a r. 19 21)4 J a n . 3 15)4 20 67 60 300 65 1st p re fe rred _________ 100 69)4 60 65 64)4 J a n . 27 65)4 J a n . 5 26.400 3 3,400 2 Vs Sale 2 Vs M a r. 23 2Vs M a r. 6 V a-C aro C h em ical__ no par 2)4 2)4 M a r. 23 3)4 J a n . 27 2)4 Sale 2)1 2V, C e rtific a te s______________ 3 1.000 54 1 % Feb. 1)4 154 2 F eb. 5 Sale 14,600 P referre d _____________ 100 10)4 Sale 54.100 10 10)4 M ar. 4 12% M a r. 9 1154 Sale 8)4 J a n . 1454 F eb . 5 11 4 M a r. 25 100 100 Preferred certificates_____ 10 4 10 4 M ar. M a r. 25 4 C lass B _________________ 2.600 1 M a r. 23 600 154 M a r. 9 1 Jan. 1)4 >4 154 154 1)4 1)4 1)4 J a n . 27 2 54 100 100 B certific a te s_____________ 2 54 M a r. 4 54 M a r. 4 54 M a r. 4 54 M ar. 42 200 V a Iro n C oal & C oke____100 45 38 700 40 35 40 36)4 M a r. 30 37 M a r. 23 36)4 M ar. 43)4 J a n . 6 80 79 73 75 M a r. 7 75 400 79 100 P referre d _____________ 100 75 79 M a r. 7 75 M ar. 79)4 J a n . 12 12 Sale M a r. 26 135.700 58,500 V ivaudou (V) In c ____no par 8)4 Sale 1054 M a r. 18 13 7)4 J a n . 13 13 1154 Sale M a r. 26 8 6 8 M a r. 20 100 V ulcan D e tin n in g _______ 100 5 10 8 M a r. 20 100 8 M ar. 20 8 M a r. 20 67 73 65 75 Vulcan D etinning, p r e f .. 100 75 17 Sale 71,700 18)4 Sale 10,100 W ald o rf S y stem _____no par 15 54 M a r. 23 1754 M ar. 2 1554 M a r. 23 19)4 J a n . 3 16)4 Sale 124 127 118 Sale 118 M a r. 23 120% M a r. 10 118 3,075 800 W ard B aking C lass A .n o par M a r. 23 126 F eb. 25 37% M a r. 30 44)4 M a r. 2 37)4 M a r. 30 4534 F eb 26 55,200 18,700 C lass B ___________ no par 43)4 Sale 37)4 Sale P r e f e r re d _____________100 99)4 Sale 96% M a r. 19 9 9 Vs M a r. 2 94)4 F e b . 11 99 Vs M a r . 2 13,150 5,300 96)4 97 109 109 112 109 112 W ash b u rn C rosby, p re f..1 0 0 26.500 18 W eber & H eilbroner_no par 17) 4 J a n . 1954 J a n . 31 3,100 N e w ______________ no par M a r. 16 5454 M a r. 6 51 1.300 52)4 54)4 51)4 5354 51 M a r. 57)4 F eb . 9 W ells F a rg o E x p ress______1 12)4 M a r. 2 1254 M a r. 12 12)4 J a n . 1,700 1254 12)4 12)4 Sale 700 12)4 13 13 J a n . 31 5,890 111)4 11454 114)4 Sale 115)4 116 1,000 W est E lec 7% cum p r e f . . 100 114)4 M a r. 2 116% M ar. 3 113 54 J a n . 116)4 F eb. 10 104 104 106 106 M ar. 16 106)4 M ar. 24 104 1,500 104 600 W est P en n Pow p re f___ 100 Jan. 106)4 M a r. 24 117 123.300 W estern U nion T eleg___ 100 121)4 Sale 118 32,500 116)4 Sale 11754 M a r. 23 125% M a r. 6 116)4 J a n . 125)4 M a r. 6 98 M a r. 30 106% M a r. 6 98 38,000 107)4 Sale 5,100 W estinghouse A ir B r a k e ..50 105)4 107 M a r. 98)4 98 113)4 J a n . 7 72% Sale 67 6 6 % M a r. 28 74% M a r. 6 66)4 M a r. 672.600 7154 Sale Sale 264,300 W estin g h o u se E l & M fg . .5 0 Jan. 3 84 2,000 83 78 500 1st p re fe rre d __________ 50 80% 85 85 79)4 M ar. 30 83 M a r. 9 79)4 M a r. 86 J a n . 5 10.500 5,600 W estin g ’se E lec In s tr .n o par 954 M ar. 31 12% M a r. 3 954 Sale 1154 12% J a n . 29 14 954 M ar. Sale 13,200 C lass A ____________no par 7,200 1954 M a r. 31 2154 M ar. 13 1954 M a r. 20)4 21)4 20 23 J a n . 29 Sale Sale 160.300 28 29 W h ite E ag le Oil & R__no par 2554 M a r. 31 29% M a r. 3 2554 M a r. 24,900 2554 Sale 3154 F e b . 2 Sale Sale 59 Sale 279.600 71 W hite M o to r_____________50 57 Vs M a r. 30 66% M a r. 2 57)4 M a r. 41,000 65 76 J a n . 13 )4 Sale 83,410 W ickw ire-Spen S te e l_ .n o par 7.300 154 Sale )4 M a r. 2 54 M ar. 9 )4 54 54 J a n . 154 J a n . 10 1,000 P re fe rre d _____________ 100 18) 4 F eb. 32 J a n . 19 174,967 R i g h t s _______________ 2 J a n . 19 Vs J a n . 29,525 P referred rig h ts _______ 5 Jan. 17 J a n . 17 634,100 1054 Sale 315,500 W iil.vs-O verland___________5 11)4 Sale 1254 Sale 11 Vs M a r. 5 13 M a r. 16 9)4 J a n . M a r. 16 13 82)4 Sale 81 M a r. 18 8854 M a r. 16 72)4 J a n . 273.000 76)4 Sale 121,300 New p re fe rred ________ 100 8554 Sale 8854 M a r. 16 Sale 8 9 Vs Sale 113.000 82.400 W ilson & Co nc v t c _no par 7 )4 Sale 7 Vs M a r. 12 13 54 M a r. 7 654 J a n . 1354 M a r. 7 34 Sale 22% M a r. 12 60 85.100 18 60,000 20 23)4 Sale P re fe rre d __ ___________ 100 M a r. 7 19 Jan. M a r. 7 60 30 Sale 7,200 7.200 C ertificates p re fe rre d . .1 0 0 18 M ar. 42 M a r. 7 117% Sale 118 Sale 113 M a r. 30 117% M a r. 6 112)4 J a n . 63.400 258,500 124)4 Sale W oolw orth (F W )_______ 25 125)4 J a n . 7 48 % Sale Sale 605,800 78)4 Sale 70 45 M ar. 30 73 Vs M a r. 3 45 182,700 W o rth in g to n P & M ____100 M a r. 7954 J a n . 2 83 3,000 85 88 78 81 M a r. 27 86% M a r. 4 81 700 8554 Sale P referred A ___________100 M a r. 88 J a n . 9 7,300 72)4 75 73 1,800 70 Vs 70)4 M a r. 26 74% M a r. 5 70)4 M a r. P referred B ___________100 7454 69 7654 F eb. 11 20 Sale 16% Sale 16 M a r. 30 21 83,700 2254 Sale 20,800 M a r. 2 16 W rig h t A ero n au tic__ no par M a r. 2354 J a n . 2 36,600 45)4 Sale 4,900 W rigley (W m J r ) ____no par 46)4 Sale 45)4 M a r. 30 4954 M a r. 14 45)4 M ar. 49)4 50 52)4 F eb . 7 3,500 21.100 3954 Sale 37)4 Sale 34)4 M a r. 18 38 M a r. 2 Y ellow C a b __________ 10 35)4 36)4 33)4 F eb. 42 Jan. 3 Sale 64 70 63 M a r. 27 75 29,400 70 3.200 Y oungstow n Sheet & T u b e .. 74)4 Sale M a r. 2 63 M ar. 76)4 F eb . 13 * E x -d iv id en d , a T h is price is a fte r d istrib u tio n o f d ivid en d s in shares of U n ite d C igar Store a t th e r a te of 38.85 shares for 100 shares of U n ited R etail Stores, c Ex-300% in stock 20s ” G eneral Q uotations OF BONDS AND STOCKS 1. In th e following th irty -fo u r pages o f tab les q u o ta tio n s a re given for a ll th e m ore im p o rta n t securities liste d on a n y S tock E x change in th®' U n ited S tates; also fo r leading u n liste d a n d in activ e securities. 2. Q u o tatio n s fro m a ll Stock E xchanges a re as n e ar as possible for th e closing day o f the m onth preceding the date o f issue. As th e N ew Y o rk Stock. E xchange began w ith J a n . 2 1909 to q u o te a ll bond p rices f‘a n d in te re s t,” we h av e a d o p te d th e sam e m e th o d a n d no longer em ploy a desig n atin g m ark to in d ic a te th e fa c t except w here th e re is a d e v iatio n fro m th is ru le . T h e re a d er w ill u n d e rstan d , th erefo re, t h a t unless th e le tte r “/ ” is p refix ed 1 to th e price, h e m u st p a y accru ed in te re s t in addition to th e price. T his, how ever, does n o t a p p ly to incom e bonds o r bonds in d e fa u lt, in w hich c ase s th e p rice includes th e in te re st, sho u ld th e re be any. 3. T h e le tte r “/ ” prefixed to bond prices denotes t h a t th e q u o ta tio n is a f la t price— th a t is, th a t th e accrued in te re s t form s p a r t o f th e price, a n d therefore th e p u rch aser does n o t h av e to p ro v id e fo r i t sep a ra te ly in m aking p a y m e n t. As a lre a d y s ta te d in th e case o f incom e bonds a n d b onds In d e fa u lt, th e p rice is alw ays “f la t,” a n d no d esignating m a rk is em ployed to ind ic a te th e fa c t. 4. Stock prices m ark ed th u s (d) a re p er share. All o th e rs are p e r c en t except b a n k stock prices, w hich a re q u o te d p e r share unless o therw ise s ta te d . 5. I t should be bo rn e in m in d in th e use o f these ta b le s t h a t th e q u o ta tio n s for m an y ina c tiv e a n d u n liste d securities a re m erely no m in a l, b u t inall cases th e figures are o b ta in e d fro m sources w hich a re considered reliable. 6. T h e following ab b re v ia tio n s a re o ften used, viz.; “ M ” fo r m ortgage, “ g ” for gold, “ g u " for g u a ra n te ed , “ e n d ” for endorsed, “ cons” for con so lid ated , “ co n v ’, for co n v ertib le, “ s f ” fo r sinking fu n d , “ 1 g ” fo r la n d g ra n t, “ o p ” for optional. 7. T h e black-faced ty p e in th e le tte rs showing th e in te re s t p eriod in d icates th e m onth w hen th e bonds m a tu re . N O T IC E .— A ll b o n d p ric e s a re “ a n d i n t e r e s t ” e x c e p t w h e re m a r k e d “ f ” a n d in c o m e a n d d e f a u lte d b o n d s . B o n d s. B id . R A IL R O A D B O N D S Bonds o f companies consol’d are often under the consolidated nam e. A dirondack— See D el & H udson A kron & B arb B elt g 4s 1942 J& D 88 A k C a n t & Y oungst 6s 1 9 3 0 ..J & J 98 A la G t S outh 1st 5s D ec ’2 7 . J & J 100 G en M 5s D ec 1 1927 £ . .. J & D 94 1st cons g 5s 1943 ser A J& D 100% B e lt R y of C h a tt 5s 1945 J & J 90 A la M id lan d — See A tl C o ast Line A lab am a N Orl T & P J u n e — “ A ” d eb 5s g ’40 red TO .M & N If 97 “ B " d eb g 5s ’40 red TO .M & N If 96 P “ O ” deb g 5s N o v 1 1940. A&O If 93 A labam a T ennessee & N o rth e rn — P rio r lien 6s 1948 ______ J& J 79 G en incom e 6s O ct 1 9 4 8 . _____ 25 A lab am a & V icksburg R y — t- 1st M g 5s 1974 series A ..M & N 100 A lb an y & Susq— See D el & H u d A llegheny V alley— See P enn R R Alleg & W est— See B u ff R & P A llentow n T erm s 4s 1919 E x t a t 6% to 1929 .J & J 101 A lto n B ridge— See S t C M & S t L A nn A rbor 1st g 4s 1 9 5 5 .. . Q -J 64 98 6% n o te s M a r 15 1930..M & S15 E q t r 6s J u ly 15 ’25-’3 5 . J& J 15 b 5,60 A rk & M em R y B rge & T e rm — 90% 1st M 5s 1964___________ M&S A roostook N or— See B an & Aroos A roostook V alley— See C an P a c A sheville & S p a rta n b u rg — S U & 70 1 C ol 1st M g gu 4s 1955 . . J & J 96 % A tc h & E a s t’n B r— 4s 1928 .J & J A tchison T o p ek a & S a n ta Fe— 89 G en m tg e gold 4s 1955— A&O 82% A d ju stm e n t 4s J u ly 1 ’95 N ov 82 Vs S tam p ed __ _______ M & N C onv g 4s of ’09 d u e ’55 o p t J& D 82 Vs C onv g 4s of 1905 d u e ’5 5 . J& D 82 Vs C o n v g 4s o f 1960 — ..J & D 83 Vs 86% T ra n s S L 1st g 4s 1958 . . J & J C al-A riz 1st & r f 4 % s ’62 op M&S 91% Series B . . . . . ----If 89 98% E O kla D iv 1st g 4s ’28 .M &S H u tc h & So 1st g 5s 1 9 2 8 .-J & J 84% R o ck y M t D iv 4s 1965 .J & J San F ra n & San Jo aq u in V al— 1st g 5s O ct 1 1940____A&O 102% S a n ta F e P re s c o tt & Phoenix 99 1st g 5s 1942. ______ .M & S A tla n ta B irm & A tla n tic — 37 A tl & B irm 1st g 5s 1934. .J & J f 43 / 43 A tla n ta & C h ari A L— See Sou R y A tl K nox & C in— See L ou & N a sh A tl K n o x & N o r— See Lou & N a sh A tla n tic & D an — See S o u th R R A tla n tic C ity — See R eading Co A tla n tic C o ast L ine Co of C onn— C e rts In d e b t 5s irred eem J& D / 96% A tla n tic C o ast Line R R — 91% 1st cons 4s J u ly 1 1952 M&S 86% C ol t r g 4s O ct 1 ’52 op .M & N 86 C o n v d eb 4s ’39 op ’1 6 .M & N 91% G en u n if ser A 4 % s ’6 4 . J& D 7% n o te s M a y 15 30 M &N 15 105% E q 6M s F eb ’36 (yr)__F& A 6 5% E a 6s J a n 15 ’26-’3 5 .J & J 15 b 5.25 Ala M id — 1st gu g 5s’23M & N 100% A tla n tic C o ast Line o f S C—90 G en 1st g 4s J u ly ’48 _J & J 109 N E of S C 6s 1 9 3 3 .. . J & J 92% B run & W est 1st 4s ’38 J & J C h ar & Sav gen 7s 1 9 3 6 .J & J 118% 88 F la So 1st g gu 4s ’4 5 ._ J & J N o r & C ar 5~s 1939. _ A&O 100 P e t’b ’g— C lass A 5s g ’26 . J &J 100 101 C lass B 6s g 1926___ A&O 94 R ich & P e te rs 4M s ’40 A&O S av F la& W 1st g 6 s ’34 A&O 107% 101% 1st M g 5s 1934_____A&O W il & W ei gen g 5s ’3 5 . J& J 101 90 G en m tg e g 4s 1935. .J & J A tla n tic & Y ad k in — See S outh R y A ug T e rm — See C h ari & W C ar A u stin & N o rth w ’n— See So P a c B a lt C hes & A tla n — See P a R R B a lt & C u m b V al R R 6s ’2 9 . .J & J 100 100 E x 1st M 6s J u ly 1931___ J & J B a lt & H a rrisb — See W est M d B altim o re & Ohio— 99% P rio r lien 3 % s g 1925 — J& J 88% 1st M 4s g J u ly 1 1 9 4 8 .. A&0 100% 1st M 5s J u ly 1 1 9 4 8 .. _A&0 91% C onv 4 % s 1933 re d 1923.M&S 88% R ef & gen 5s 1995 series A . J& E 101% R e f & gen 6s 1995 series C J&E 103 10-yr 6s J u ly 1929________ J&J E q t r 5s 1925-37 (y r)____F&A b 5% 5% E q t r 5s 1926-38 (y r ) ___ F&A b E q t r 6s ’26-’35 ( y r ) . . . J & J 15 b 5.35 97 % P i t t J c & M d iv 3 % s g ’25 M & F b B asis. A sk . 100 101 95% 100 99 96 83 30 101 64% 99 5.15% 91% 89% 83% 83% 84% 83% 88% 93% 94 99 ___ 40 45 45 92% 86% 90 91% 106% 4.75% 5% 101% 92 __ ____ ___ 100 88% 101 92 88% 101% 103% 4.80% 4.80% 5.05% ____ B onds / T h i s p rice includes accru ed in te re st, Bid. B altim o re & Ohio (Concluded)—■ P itts b L ake E rie & W Va— R efu nd gold 4s 1941 .M & N 87% S W D iv 1st g 3 % s 1925 . .J & J 100 C e n tra l Ohio— R eorg l s t c o n g 4 % s ’30.M & S 97% O hio R iv R R — 1st g 5s ’36.J& D 99% G en gold 5s 1937 _____A&O 98% Sch R iv E a s t Side 4s 1925. J& D 100 S ta te n Isl R y 4 % s 1943. J& D 70 69 T oledo & C in D iv 4s 1959 .J & J W V a & P itts 1st 4s g ’90. A&O 82 B angor & A roostook— 1st M 5s g J a n 1 1943____J & J 96 C o n s re fu n d g 4s 1951___ J& J 71 M ed fo rd E x t 5s 1937___ M&N 93 P is c a t D iv g 5s J a n 1943..A & O 90 S t Jo h n s R iv E x t gu 5s ’39.F & A 89 V an B u r E x t 5s g J a n ’4 3 .A&O 92 W ashburn E x t 1st 5s ’3 9 . -F& A 88 A ro o stook N o r 5s g 1 9 4 7 ..A & 0 87 N o r M ain e S eaport 5s ’3 5 .A & 0 n 89 B a ttle C reek & S tu r— See M ich C B edford B elt— See C hic M & S t P B eech C reek— See N Y C & H u d R B ellingham B ay & B ritish C ol— 1st g 5s D ec 1 1 9 3 2 ...........J& D 85 B elt R R & S tk Y ds (I n d ’p ’lis)— 1st re f gold 4s 1939 . M&N 85 B e lt R y o f C h a tt— See Ala G r So B elv id ere D el— See P ennsylvania B en n in g ton & R u tl’d — See R u tl’d Big S an d y R y— See C hes & Ohio 82 B irm T e rm 1st g 4s 1957 gu M&S B olivia R y 1st 5s 1927 __ .J & J B oonville S t Louis & S o u th ern — 80 1st M 5s 1951__________ F&A B oston & A lbany 5s O ct ’63 J& J 103% 102 5s J u n e 1 9 4 2 .......................J& D 101% 5s J u ly 1 1938____________ J & J 96% 4 % s J u ly 1937___________ J& J 93% 4s M a y 1 1933 gu N Y C .M & N 93% 4s M a y 1 1934 gu N Y C .M & N 93 4s M a y 1 1935 gu N Y C .M & N 80% 3 % s J a n 1 1 9 5 1 _____ . .J & J 79% R e f 3 % s 1952 gu N Y C .A& O B o sto n & Low ell 4 % s F e b ’33 _J& J 4s A pril 1932. .............. A&O 69 B oston & M ain e— 4 % s g ’4 4 .J & J 4 % s A pril 1 1929________ A&O 77% 4s S ep t 1 1926__________ M &S 4s F eb 1 1937___________ F&A 4s A ug 1 9 4 2 .............. .........F&A 3s J u ly 1950_____________ J& J 86 86 1st & re f M 6s ser C 1 9 2 9 .-J & J 86 86 Series F 6s 1930. ................ J& D Series G 6s 1929__________ J & J 86 Series H 6s 1930________ M & N 86 88 Series I 7s 1931 . . . J& J Series J 7s 1931 . __ A&O 88 E q u ip 5 % s 1 9 2 5 -1 9 2 7 ...F & A b 5.90 E q t r 6s 1925-38 (year) .J& D b 6% P o rts G t F & C on 4 % s ’37.J& D 75 Bos & N Y A L — See N Y N H & H 94 B o sto n R ev B & L 4 % s ’2 7 . .J & J 92 B rid g e’n & Saco R 1st 4s ’28. J& D B u rn s & W — See A tl C oast Line ___ B uffalo C reek 1st 5s 1 9 4 1 .. J& J 1st con 5s 1961 .. . J& J B uffalo R ochester & P ittsb u rg h — G eneral 5s g 1937______ M &S 101% 84 C o n g 4 % s 1957 _____M & N E q 6s ser K 1925-33 (s-a) F&A b 5% E q u ip 4s series G 1929. .A& O b 4.90 81% A1 & W e s t 4s g g u a r 1998. A&O 98% C lear & M 1st 5s g gu 1943. J & J B uffalo & Southw est— See E rie B u ff & S usquehanna R R C orp— 79 1st 4s D ec 30 1963 . . __ J& J B url C ed R a p & N o—See C R I& P 90% B u tte A n aconda & P a c 5s’44.F & A ____ C alifornia N W 5s 1928 gu .A& O C am & C lear— 1st 5s g 1941 J& J 100% 84 G en M g 4s 1955___ F&A 99 C am b ria & In d — 1st 5s ’36.M & N G en m tge 6s 1944 . F&A 101 E q t r 5 % s 1925-38 (year) .M&N b 5.50 C an ad a A tl— See G ran d T ru n k C an ad a S outh 5s 1962 ser A A&O 101% C an ad ian N a tio n a l R ailw ays— 93% 4 % s S ept 15 1954 ...M & S 1 5 98% 4% g u ar gold n o te s 1927. .J & J 98 5-year 4 % s F eb 15 1930.F&A15 96 10-yr 4 % s F eb 15 1935.F& A 15 E q u ip t r 7s M a y 1 1935 .M & N 111% E q u ip t r u s t 4 % s 1 925-39.-J& J b 4.25 C an a d ia n N o rth e rn — 90 1st con deb 4s 1930 g u ..J & D 3 0 116% S F d eb 7s 1940_________ J& D 117% S F d eb 6 % s 1946________ J& J E q u ip m e n t 4 % s v a rio u s__ __ b 5.35 E q 6s J u ly ’2 5 -Ja n ’29 ser B .J& J b 5.10 90% C an a d ia n N W 4 %s O ct 22 1943 ____ M an ito b a S E 1st 4s £ ’29.F& A 82 W innipeg T e rm g 4s 1939 g . J& J k L a s t sale. I In L ondon, A sk. 87% 100% 99% 102 80 69% 83% 98 73 95 92 92 95 91 92 92 87 84 85 __ ____ 87 5.40% 5.50% 94 103 84% 4.75% 4.60% 83% 80% 91% 102 5.25% 101% 94% 98% 98% 96% 111% 4% 94 116% 117% 5.20% 4.80% 92% n N om inal, B onds B id . C an a d ia n P acific— 78% C ons deben 4s p e rp e tu a l--J & J E q t r 4 % s 1925-1928 . . . J& J b 4.75 E q t r 6s O ct ’25-’32 (s a) .A& O b 5% A roostook Val 4 % s 1929.F& A 81% N ew B runsw 1st g 5s 1934.F& A If 98 C ons deb 4s p e rp e tu a l J& J If 78 O n t & Que d eb gu 5s p e rp J& D If 99 C arb & Shaw— See Illinois C e n t’l C arolina C en t— See Seab A ir Line C aro C lin ch & Ohio 5s 1938 J& J 100% 1st cons 6s 1952 Ser A -J& D 15 107% 5% E q u ip 5s 1925-1937 s-a A&O b E q 5s 1925-1933 s -a _____J& D b 5% E q t r 6s 1926-’35 (y rly ).J & J 1 5 b 5.40 C arolina & Y adkin R iver— 1st s f 5s 1962____. . . .J& D 5 C arth a g e & A diron— See N Y C C ataw issa cons g 4s 1948___ A&O 89 C e n tra l A rg en tin e R y L td — C onv g 6% n o te s 1927 __ F&A 99% C e n t A rk & E a s t— See S t L S W C en t B ra n c h R y — See M o P a c C e n tra l o f G eorgia— 101% 1st M g 5s N ov 1 1945 __ F&A C ons gold 5s 1945______ M & N 100% 103 10-yr 6% sec gold bds 1929 J& D R ef & gen 5 % s 1959 ser B . A&O 101% E q 4 % s J u ly ’2 5-Jan ’2 6 . J& J 64.70% 83 C h a t D iv gold 4s 1951. J& D 102 M acon & N o r g 5s 1946___ J& J 96% M id G a & A tl 1st 5s 1 9 4 7 ..J & J 100% M obile D iv g 5s 1946 ___ J & J O conee D iv 1st g 5s 1945. .J& D 95 C e n t R R & B kg 5s 1 9 3 7 .-M &N 97% C h attah o o c h e e & G 5s ’3 0 . . J & J 95 C h a t R & S outh g 5s 1947. .J & J 95 E a to n to n B r 5s "g 1926__ J& D 95 ____ O cean S S Co e x t 7s 1 9 3 0 ..J& J C e n t of N E — See N Y N H & H C e n tra l of N ew Jersey— Gen M (now 1st) g 5s ’8 7 . .J & J 108% E q t r 6s J a n 15 ’26-’3 5 ..J & J 1 5 6 5.25 A m er D ock & I m p t 5s 1921— E x t a t 6% to 1936 . J& J 106% 99% L e h & W-B C oal con 4s ’25 J& D C on g 4s 1930_________ J& D 96% 93 C on g 4s 1935 . . . J& D N Y & L B r gen 4s 1941. .M & S 90% ____ G eneral gold 5s 1941__ M &S C e n tra l Ohio— See B a lt & Ohio C en tra l P acific— See So P acific C e n tra l V e rm o n t R y — 92% R e f M 5s 1930 g u a r . _ M&S E q t r 5s O ct ’25 *32 s -a __ A&O b 5.50 C harles & Sav— See A tl C o ast L 97 C h ari & W C ar 1st 5s 1 9 4 6 ._ A&O A ug T e rm 1st gu g 6s ’4 7 . .A& O 102 C h atea u g a y R y — See D el & H C h attah o o c h e e & G u lf— See C en t of G a C h a t R om e & Sou— See C e n t of G a R y 80% C h attan o o g a S ta 4s 1957 g u _ .J & J C hesapeake & Ohio— 1st cons g 5s 1939 ___ M&N 1§1 % G eneral 4 % s gold 1992__ M&S 88% 96 C onv g 4 % s 1930 op 1915 F&A G en fund & im p t 5s 1 9 2 9 ..J& J 100% 102% C onv g 5s 1946______ ..A & O E q t r 4 % s J u ly 15 ’25-’26 J& J15 b 4.60 E q t r 4 % s M a y ’25-’2 7 ..M & N b 4.60 E q t r 4 % s D e c ’25-’2 6 __ J&D b 4.60 5% E q t r 5s M a r 15 ’26-’38.M &S15 b E q t r 5 % s ’26-’37 (y rly )._ J & D b 5.05 E q t r 6s 1926-35 (y rly ). .J& J15 b 5.35 E q 6 % s 1925-’35 (a n n )_ .J& D b 5.10 98 C raig V alley 1st 5s g 19 4 0 .J& J 83% P o tts C reek 4s 1946__ __ J& J 84% R & A D iv 1st con g 4s ’8 9 . J& J 80 2d con g 4s 1989 — J& J 93 % W arm Sp V al 1st 5s g ’4 1 .M&S 84% C oal R iv R y 1st 4s gu ’4 5 . J& D 75 E le v a to r Co g 4s gu 193 8 .A & 0 86 B ig Sandy R y 1st g 4s ’4 4 . J& D 86 H G reenb R y 1st g gu 4s ’40 M & N 91 R aleigh & S W 1st 4s ’3 6 . . J& J 90 W est P oc C orp 1st 4 % s ’45 F&A C hesapeake & Ohio N o rth e rn — 98 1st M 5s 1945 g u a r _ _ A&O 60 C h esterfield & L ane 1st 5s ’55F&A C hic & A lton 1st 3 % s 1 9 5 0 .-J & J / 53% C tfs of d ep J a n ’23 coup a tta c h . / 50 R R re fu n d in g g 3s 1 9 4 9 .-A&O 1 63 C e rtific a te s of deposit—■ S tp d as to O ct 1924 i n t ------- / 60% E q u ip t r u s t 6s J a n 15 ’26-’35 "(yearly) __________ -.J & J 1 5 b 5.75 C hicago B u rlin g to n & Q uincy— 90% G en M 4s 1958 . . . .M&S 1st & re f g 5s 1971 ser A . .F& A 101% E q t r 6s J a n 15 ’26-’3 5 ..J & J 1 5 b 5.30 83% Illinois D iv 3% s’ 49 op ’29 J& J 92 4s J u ly 1 1949_________ J & J 99% N e b ra sk a E x t 4s 1927------M&N C hic & E a s t 111 (new co)— 75% G en M 5s M a y 1951_____M&N 85 s Sale price. A sk . 79%; 4.35% 4.75% 87% 100 80 101 102% 107%. 4% % 4.75% 5.15% ___ 91 100% ___ 100% 103% 102 4.30% 84%. ____ ____ ____ 100 ____ ____ ____ ____ ____ 109 5% 108% 100 91 ____ ____ 93%; 5.10% ____ 82 102 8 8 1/& 97 % 102% 4.2 5 % 4.30% 4 .2 5 % 4.75% 4.80% 5.05% 4.85% ____ ____ — ____ — 86 ____ ____ 8834 ____ 93 — 70 54 5334 63% 62% 5.40% 90% 101% 5.05 83 24 93 — 75% A pril , 1925.] RAILROAD BONDS N O T IC E .— A ll b o n d p ric e s a re B onds Bid. C hicago & E a s te rn Illinois— 107 r i l s t consol 6s gold 1934____A&O M E q 5M s Sept’25-Sept ’25-M & S 6 4.50 n C h i c & I O R y— 1st 5s 1936. J & J C hic G rt W est— 1st 4s 1959-M & S 61 C hic H a m & W est 1st 6s '2 7 -J& J 101M C hic & I O R y — See C hic & E 111 C hicago In d ia n a & So u th ern R y C on m tg e g 4s 1956 g u a r ..J & J 86 H In d 111 & l a 1st g 4s 1 9 5 0 .-J & J 88 M Chicago In d ia n a p & Louisville— R ef M g 6s 1947 series A .. J & J 107 R ef M g 5s 1947 series B —J& J 99 M R ef M g 4s 1947 series C .. J & J 86 M 1st & gen 5s 1966_______ M&N 89M 1st & gen 6s M a y '66 ser B_ J& J 103 M E q u ip t r 6s ’25-’35 ( y r )..J & J 1 5 b 5.45 77 % In d ia n a p & L ou 1st 4s ’5 6 . -J & J M o n o n C oal gu 5s ’36 o p t.J & D 55 C h I & S t L Sh L —See C C C & S tL C hicago L ak e Shore & E a s te rn — 93 % 1st M 4M s 1969 o p t 1 9 1 9 .J& D C hic M em p & G u lf 5s 1 9 4 0 .-J & J 86 C hic M ilw & P u g e t Sound—• 1st M g 4s 1949 g u a r .- J & J - Q - J 45 M C hicago M ilw aukee & St P a u l—• 74 G en g 4s A M a y 1 1989__ J& J G en & re f 4M s J a n 2014—A&O 44 M 46 C onv 5s J a n 2014 ser B -.F & A 100 M 1st sec 6s 1934___________ J & J 63 M Gen g 3 M s B M a y 1 1 9 8 9 --J& J G en 4 Ms M a y ’89 series O .J & J 82 M D eb gold 4s J u ly 1 1934— J& J 45 M C onv deb 4M s ’32 o p t '2 2 .J & D 45 H G old b onds 4s 1925 o p t ’22. J& D 48 H m E u ro p ea n loan 4s 1925. - J& D m 48 E q u ip t r 6s 1926-35 (yr) J& J1 5 66.25% 92 B edford B elt 5 s___________1938 96 M C hic & M o R iv 1st 5s 1926-J & J M ilw aukee & N o rth e rn —■ 85 1st ext 4M s ’34 (b lu e )—J& D C ons 6s 1934 3 x t a t 4 M % to 1934 (b ro w n )__ J& D 82 M C hic & N o r M — See Pere M arq C hicago & N o rth W estern — G en M 3 M s g 1987______ M & N 74 M 83 M G en M gold 4s 1987_____M &N 83 S tm p d n o n -p a y F e d Inc ta x 104 G en M 5s '87 s tp d in c tax .M & N Sinking fu n d d eb 5s 1933-M &N 101M 104 M Sinking fu n d 6s 1929_____A&O 5s 1929________________ A&O 100 M 99 M E x ten b onds 4s 1926___F&A15 10-year 7s J u n e 1 1930____J& D 108 M 15-year 6M s M a r 1936— -M&S 112 99 M 1st & re f 5s M a y 2037____J& D E q t r 6s ’2 6-’35 ser M (y r).J & D 6 5.35 E q t r 6s J a n 15 ’26-’3 5 —J& J1 5 6 5.35 E q t r 6M s 1926-36 ser J —M&S 6 5.15 E q t r 6 Ms 1926-36 ser K .A & O 6 5.15 95 D es P lain es Val 4M s 1947.M&S F rem E lk & M o V 6s ’3 3 . -A&O 108M 88 l a M in n & N W 1st 3 M s’35. J & J M a n ito w G B & N W 3 K s ’4 2 .J & J 82 M M ilw L a k e Shore & W estern — E x t & im p s fig 5s 1 9 2 9 --F& A 100M M il S p arta& N W 1st 4s ’4 7 .M&S 88 M 81H M il& S ta te L in e 1st 3 M s’4 l - J & J 99 P e o ria & N W 3 3 i s 1 9 2 6 .-M&S 99 P rin & N o rth w 3M s 1 9 2 6 .-J & J 102 % S t L Peo & N W 5s 1 9 4 8 --J & J S t P a u l E a s t G r T r 4 M s’4 7 .J& J 90 M 88 Sioux C ity & P a c 3 Ms '36-F & A C hicago P eo ria & S t Louis— 15 P rio r lien gold 4 Ms 1 9 3 0 .-M&S 15 C ertificates o f d e p o sit______ C hicago R ock Is l & P a c R ailw ay— 83 G eneral gold 4s 1988______J & J R ef g 4s 1934 o p t to 1911 - - A&O soM 101M 5M % n o te s 1926................. -J& D 99 M 5% n o te s 1929____________J & J 99 lA 5% n o tes 1929.....................M & S E q t r 6s J a n 15 1926-35.J& J15 b 5.55 E q t r 5s 1925-38 (s-a)___ J& D 6 5.10 E q t r 5s O ct ’25-’34 (s-a )..A & O 6 5.10 E q u ip 4M s M a y 1925___ M&N 6 4.25 E q 4M s 1925-July'27 (s -a ).J& J 6 4.80 B u rl C ed ar R ap id s & N o r t h C on 1st & c o lltr 5s g ’3 4.A&O 99 M C h o ctaw O klahom a & G u lf— 99 M C onsol gold 5s 1952___ M&N C hoc & M em p h 5s 1949__ J & J 97 M 78 P eo ria R y T e r 4s ’37 gu o p . J& J 86 R I A r & L a 4 M s 1934____M&S ___ R ock Isl & P eo ria 6s 1 9 2 5 --J & J 82 H S t P & K C S h L l ^ s ’41 - -F& A K eok & D es M — 1st 5s ’2 3 .A&O C ertificates o f d e p o sit_____ i 84 M S tam p ed a s to in te re s t___ f 82 C hic S t L & N O— See 111 C en tra l C hic S t L & P itts —’See P e n n Co C hic S t P a u l M in n & O m aha—■ 10514 C ons 6s Ju n e 1 1930___ J& D 92 % C ons 6s re d to 3M s 1930—J& D 98 D eb gold 5s M a r 1 1 9 3 0 .-M&S 98 M S ta m p e d ___________________ E q 6s 1926-35 (a n n )___ J&.J15 6 5.45 E q t r 7s 1926-31 series B .. J & J 6 5.35 N o rth W isconsin— 6s 1 9 30.J& J 104 Vs ____ S uper Sh L 5s J u n e 1930. M &S C h ic T e rre H a u te & S o u th east— 77 M 1st & re f g 5s D ec 1 '60 op t.J& D 58M In co m e m tg e D ec 1 1960______ 70 S o u th In d ia n a 1st g 4s ’51 -F& A 92 C h ic U n S ta t 1st 4 'A s 19 6 3 --J& J 100 % 1st M 5s 1963 series B ___ J& J 1st M 6M s series C 1963—J & J 116M 97 M G u a r gold 5s 1944________ J&D C hicago & W estern In d ia n a — 10514 G en gold 6s D ec 1 1932__ Q-M 77 H C onsol gold g u ar 4s 1952___J& J ___ Sink fu n d 7 Ms S ep t 1 ’3 5 .M & S 97 Vs 1st & re f 5 Ms 1962 A _____M &S C hic & W est M ich — See Pere M C hoc O kla & G ulf— See O R I & P C in c in n ati H a m ilto n & D ayton93 M G eneral 5s gold 1942_____ J& D 92 2d m tg e gold 4M s 1937____ J & J D a y to n & M ich ig an 1st 5s 1911 96 M E x t a t 4M % to ’31 o p ’17 .J& J &B asis. A sk . B onds 107 M 4.10% 61 Vs 10214 91 107 M 87 90 5.05% 60 89 45M 75 44 M 46 M 101 66 H 82 M 47 46 48 M 50 5.75% 95 97 M ___ 86 75 84M 83 X 104M 105M 100M 100 108 M 112M 10014 5.05% 5.05% 4.90% 4.90% ___ 11014 90 M where marked “f ” and incom e and d efaulted Bid A sk B o n d s. 51 bonds. Bid. D es M & F t D —-See M in n & S t L O I S t L & C— See C O C & S t L— D es P I V al R y — See C hic & N W C in In d & W est 1st 5s 1965-M & N 76 75 D e t G r R a p & W est—-See P e re M C in Leb & N o r— See P enn sy lv an ia R R 72 D e t & M ac k p r 1 4s 1995____J& D C ine & M u sk Val 4s 1948__ F&A 73 M 65 M o rtg a g e gold 4s 1995__ J& D C in N O & Tex P ac R y — 67 M E q t r 5s 1926-38 (y r )— A&O b 5.25 5% D e tro it R iv T u n — See M ich C en D e tro it & Toledo Shore L ine— C incin N o rth 1st g 4s 1951--J& J 89 87 82 C in San & C lev— See C C C & S t L 1st gold g u a r 4s 1953------- J & J D u l & I r R ange— 1st 5s ’3 7 . -A&O 101M C learfield & J eff— See P a & N W D u lu th M issabe & N o rth e rn — C learf & M ah o n — See B R & P G en g s f 5s J a n 1 1941____J& J C leveland A kron & C olum bus— 102 M D u lu th S o u th Shore & A tla n tic G eneral gold 5s 1927_____M&S 100 ____ 81 86 K 1st gold 5s 1937----------------J& J 1st cons g u a r g 4s 1940__ F&A 88 ___ D u tc h ee Co— See C en t N ew E ng 89 U n g u a ra n te e d ---- ------------E a s t T e n n V a & G a— See So R y — C lev C ine C hic & S t L ouis— G eneral 4s gold 1993______ J & J 82 M E a s te rn M in n — See S t P M & M 81M E lgin Jo l & E a s t 5s 1941__ M&N 101M 102 % G en M 5s ser B 1 993-- —J& J 101 D eb gold 4M s 1931— __ J & J 97 M 97 M E lm ira & W illiam sport— 89 87 M R ef & im p 6s 1929 ser A __J& J 103M 103 % 1st 6s 1910 ext a t 4% 1950-J & J 99 Incom e 5s 2862___________A&O 97 M R ef & im p M 6s ’41 ser C —J & J 104 105 M R ef & im p M 5s ’63 ser D —J& J 96 M 96 M E l P aso & R I —-See E l P & Sow E q u ip t r 5s 1925-’29 (y r)—J & J b 5% 4.75% E l P aso & S outhw estern Co—■ E l P aso & S W R R — E q u ip t r 6s 1926-’27 (yr)__J& D 65.25 5% 99 Vi 1st & re f 5s 1965______ A&O 91 C airo D iv 1st g 4s 1939__ J& J 90 M N ew M exico R y & C oal Co— O W & M D iv 1st 4s g ’91 - - J& J 79 SOM 99 1st col t r g 5s O ct 1 '4 7 -A & 0 S t L D iv 1st col t r g 4s ’90 M & N 81M 82 M 99 1st & con & coll t r g 5 s '5 1 -A&O Spr & C ol D iv 4s 1st g '40 M &S 88 M 99 D aw son R & C oal 5s ’51-J & J W h ite W V D iv 1st 4s ’4 0 -J & J 86 M 99 E l P a s & R I l s t g g u 5 s ’5 1 -J & J C ine In d & St L Sh L ine R y — __ E rie—-N Y & E 1st 4 sex t g ’47- M&N 89 92 1st gold g u ar 4s 1 953-^-A&O 93 4M s 3d ext 1933________ M&N C I S L & C 1st 4s g A ug ’36 Q -F 91M 99 5s 4 th ext gold 1930--------A&O C in San & C lev con g 5s ’2 8 -J & J 99 M 95 M 4s 5 th e x t gold 1928--------- J& D C lev C olum C in & In d ia n a p — 7s 1st cons ’20 ext to '3 0 - -M & S 108 M 108M G en cons gold 6s 1934— J& J 107 M 70 % P rio r lien gold 4s 1996____ J & J 70 M Id B lm & W ext 4s 19 4 0 --A&O 91 62 % 62 H G en Lien gold 4s 1996------ J & J O In d & W g 5s A pr 19 3 8 --Q -J 87 M 64 H C o n v gold 4s 1953 ser A —A&O 78 63 M P e o r & E a s t cons 4s ’40- A&O 77 M 63 M 64M Series B 1953_________ A&O 34 % 2d cons inc 4s 1990__ A pr 1 / 3 1 M 72 70 H Series D 1953_________ A&O C leveland L orain & W heeling— ___ 5.55 5.20% E q t r 6s 1926-35 (year)_J& J15 C ons now 1st 5s 1933___A&O 100 5.45 5.15% ____ ___ E q 6s ser F F ’25-’28(s-a).M & N S tam ped s u b jec t to c a ll-- — P e n n coll g 4s F eb 1 '5 1 __ F&A 96 95 M G en M 5s 1936___ J& D 98 M __ B uffalo & S o uthw estern—C on refg g 4 Ms 1930 r e d . _J & J 97 M 1st g 6s ’08 ext to 1 9 2 8 .J& J 101M C lev & M ah o n Val— See E rie R R 96 2d g 5s '08 ext to 1928—J & J C lev & M a rie tta — See P en n R R 102 Je ffR R 5sext a t 5 M '2 9 __ A&O 101 C leveland & P itts — See P e n n Co 80 C hic & A lt T e rm 5s 1 9 2 8 --J & J C lev S h o rt Line— See L S & M S C h & E rie 5s 1st g 1 9 8 2 .-M & N 99 M lOO' C leveland T erm in al & V alley— Incom e 5s O ct 1982________ 1st 4s gold guar 1995------M & N 81M 83 M C leve & M a h V al g 5s '3 8 . J & J 9§M C leveland U nion T erm inals— 105 E rie & Jerse y s f 6s 1955-J & J 104 1st s f 5M s 1972 series A _A&O 105M 106 G enesee R iv e r 6s 1957____J & J 101M 103 M 1st M s f 5s 1973 ser B ...A & O 100 100M L ong D ock 6s con g 1935-A & 0 108 C oal & Iro n R y — See W estern M d 80 N ew b & N Y 1st 5s 1929. -J & J C oal R iv e r R v — See C hes & Ohio 50 98 K N J & N Y 5s 1950_____M&N Colo & Sou 1st g 4s 1929 - F&A 98 M N Y & G rL ake gu g 5s’46-M & N 91M R ef M g 4 M s M a y 1 ’3 5 - -M &N 94 92 K N Y L E & W C & RR— 5% E q t r 6s 1926-35 (y e a r)—J& J15 b 5.50 96 1st 6s ext 5M % ’4 2 . -M &N F t W o rth & D C 6s 1921— N Y L E & W D & I 1st 6s ’13 E x t a t 5M % to 1961---J & D 104 % E x te n d e d a t 5% to '4 3 . -J & J 100 Colo Sou N O & P ac— See S t L & S F 96 96 M N Y P a & O p 1 4M s ’35-M &S Colo Spr & C ripple C rk D R y —■ N Y Susq & W estern— 15 1st gold s f 5s 1930 ____J & J 72 15 1st re fu n d in g 5s 1937__ J & J 70 M C e n t T r Co ctfs of dep 5 59 M 2d m tg e 4 Ms 1937_____F&A 2 4 1st cons 5s O ct 1942_____A&O 60 M G en m tg e 5s g 1940____F&A C ol C o n n ect & T e r— See N o r & W T e rm 1st g 5s 1943____M&N C ol H ock Val & T —’See H ock Val 93 M 88 Conn & P ass— 1st g 4s ’4 3 - -A&O 81 83 R egistered $5,000 e a c h __ M id la n d of N J 1st 6s 1910 N ew p & R ic h f 1st 5s '41 g u -J & J 88 e x t a t 5% to 1940__ A&O C onn R iv er— G old 4s '43 - M & S 60 W ilkes & E 1st g 5s’4 2 .J& D C onnecting R y (P h ila)—■ 62 M 89 E rie & Jersey — See E rie R R —■ 88 1st M gu 4s M a r 15 '51 M&S15 E rie & P itts b — See P e n n R R — C onnellsv & M onongahela R y— 98 E s t R R of F ran ce—95 1st s f gold 4s 1930 o p t__ M & S E x te rn a l s f 7s 1954____M & N 92 82 M C u b a N o rth e rn 6s 1966 s tp d -J & J 91M 82 M 92 E u ro p ea n & N A— See M ain e C en 1st m tge 6s 1966 p la in - 91H C u b a R R — 1st g 5s 1952___ J & J 87 M 87 M E v a n sv In d ia n a p & T e rre H a u te 102 1st m tg e 7s 1950-------------M&N 100M 1st 1 & re f g 7 Ms '36 ser A J& D 103 H 104 E v a n sv & In d 6s 1926______ J & J 78 77 M Im p & equip 5s 1960 — M&N E v a n s v & T erre H re f 5s ’4 1 -J & J C u rre n t R iv— See K C F t S & M Sul Co B r 1st g 5s 19 3 0 --A&O D allas & W aco— See M o K & T F itc h b u rg — 5s J a n 1 1934__ J & J D aw s R y & C ’1—’See E l Paso & S W D a y to n & M ich—-See C H & D 4M& re f 1928____________M&N 88 4M s J a n 1933_______ — —J & J 86 D a y to n U nion 4s 1949- - _J& J ____ 4s refu n d in g 1925_______ M&N D el & B ound B r 3 Ms '5 5 - - -F& A 4s re funding M a r 1927__ M&S D elaw are & Hudson"— 102 4s re fu n d in g 1927_______ A&O C o n v 5s 1935 _________ A&O 102 M 90 89 % 4s J a n 1928______________ J & J 1st & re f gold 4s 1943____M&N 108 M 108 M F lin t & P e re M a rq — See P e re M 7% sec g bonds 1930 — J& D 102 F lo C en & P e n —-See Seab A ir L 15-yr g 5M s M a y 1 ’3 7 - -M &N 100 H 5% F lo rid a E a s t C o ast 4 M s '59 J& D E q t r 6s J a n 15 ’26-’35 J& J15 b 5.25 93 M 92 M 94 1st & re f 5s 1974________ M & S A d iro n d 1st 4M s '42 gu -M&S 94 M F lorida S o u th — See A tl C o ast L A lb an y & Susq 3 Ms gold 1946 ____ F lo rid a W est Shore 5s 1 9 3 4 --J& J 94 97 (conv before 1916) g u —A&O 82 M F lorida W estern & N o rth e rn B lu ff P o in t L a n d Im p t Co— 81 84 1st m tge g u a r 4s 1940__ J& J 1st M 7s M a y 15 ’34 A .M & N 15 110M 112 F o n d a Jo h n sto w n & G loversv— C h atea u g a y O re & Iro n — 87 84 1st cons r e f ’g g 4M s 1947—J & J G u ar gold 4s 1 9 4 2 - ----- J& J 71 65 R ensselaer & S aratoga—■ r e f ’g gold 4s 1950___ J& J __ G1stencons 72 re f 4M s '52 o p t..M & N 6% g bds M a y 1 ’4 1 - -M &N 110M 71M __ F o r t D odge D es M oines & Sou—• 90 U tica C lin & B ing 5s ’3 9 - -J & J 83 84 M 1st 5s 1938______________ J& D D elaw are L ack & W estern—• 22 17 M o rris & Essex 3M s 2000-J& D 78 H F t Sm ith& W est 1st g 4s '5 4 -A&O 78 M 90 M F o r t S t U n D e p t D e t 4 M s’4 1 -J & J N Y L ack & W estern— 89 M F t W o rth & D n C — See C ol & S 1st & re f 5s 1973 ser A M&N 99 % 95 M 1st & re f 4 Ms ’73 ser B M &N F t W o rth & R io G r 4s 1 9 2 8 .-J & J 94 M W arren 1st refg 3M s 2000-F& A F re E lk & M o R iv — See C & N W 77 M G alv H a r & San A n—-See So P ac D enison & P a c Sub— See T ex & P G alv H ou sto n & H enderson— D en v er & R io G ran d e W estern—94 1st M 5s 1933____________A&O G en incom e 5s A ug. ’55- M & N / 55 M 55M 94 M D en v er & R io G rande—■ G alveston T e rm 6s 1938___ M&S 99 M 101 82 H Genesee R iver—-See E rie R R — 1st con g 4s 1936 . .-J & J 82 M 87 % G en & W yo 1st g 5s 1929—A&O 86 100 98 1st con g 4M s 1936 ------- J & J Im p ro v e ’t gold 5s 1928__ J& D 97 M 97 M G eor & A labam a—-See Seab A L G eorgia C ar & N — See Seab A L 1st & re f g 5s 1955 o p ____F&A f -----F a rm L & T r r e c t s ___ ____ / ___ G a & F la 1st g 5s 1956. - -M & N / 25 30 B an k e rs T r Co c tfs of dep G eor M id la n d — See S o u th ’n R y 112 57 u n d e r agree J u ly 1922 __ f 47 G a R R & B kg re f 6s ’5 1 -A&O 110 83 63 S ta m p e d ________ __ / 47 4s J a n 1 1947____________J & J S tam p ed F eb ’22 c o u p ____ f 47 63 G a Sou & F la 1st g 5s 1 9 4 5 .J& J 87 M 98M 84 A m E x N a t c tf F e b ’22 c o u p . f D eb 5s 1952____________A&O 86 A ug 1922 a n d all coup a t t - / 5% 4.80% E q t r 4 Ms ’25-’39 s - a . . .M & N R io G r J u n e 1st gu 5s ’3 9 . J& D 94 M 94 M G e tty sb u rg & H a r 5s gu ’2 6 -A&O 7 G ila V al G lobe & N o r— See S P R io G r So 1st g 4s '4 0 ___ J & J / 5 7 1st g 4s g u a r 1940 ____J & J f G r R a p B el & Sag— See P e re M ar 5 R io G r W est 1st 4s '3 9 __ J & J f 84 H 85 G ra n d R a p & In d — See P e n n R R 1st cons g 4s 1949 o p __ A&O f 73M 73 M G ra n d T ru n k P acific— 69 68 U ta h F u e l 1st 5s 19 3 1 --M&S 1st M 3s 1 9 6 2 .....................-J& J 89 88 D en v er & S alt L ake—■ 1st 4s F eb 25 ’39 Alg g u .M & N 34 36 1st 5s 1943 ctfs d e p _____M&N 1st 4s F eb 15 ’42 Alg gu M & N 85 M IVA 84 G en 4s 1962 C an G ov g u a r. J& J 77 76 P rairie Section 4s 1955__ A&O 77 76 M o u n ta in Sec 4s 1955____A&O 77 76 L ake Sup D iv 4s 1955__ A&O g* 89 M 99 M 99 M 103 ___ 89 M ___ ___ 83 M 8614 101M 99M 99M 5.25% 4.90% 4.90% 4% 4.40% 101 10014 99 79 86M ___ 83 M ___ ____ 98 M 99 M 5.15% 5.05% ___ __ 78 58 M 72 92 M 101M 117 98 __ 77 Vs 10214 9714 / T h is price includes accrued in t. ‘and in t3rest” except _ 9714 L a st ale. IIn L ondon, mD ollars p er 500francs o r £20. n N om inal, s Sale price, u P e r £200. 32 RAILEOAD BONDS [V ol. NOTICE.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds. Bid. B o n d s. G ra n d T ru n k R y o f C an a d a — Sink fu n d g d eb 7s '4 0 __ A&O D eb g 6s S ep t 1 1936____M & S E q t r 6 % s 1936 (ser F )_ .F & A C an a d a A tl 1st 4s 1955____J & J G ra n d T ru n k W est 4s £ ’5 0 --J & J 1st g gu 4s $ J u ly 1 1 9 5 0 --J & J G re a t N o rth e rn — G en M 7s 1936 series A ___ J & J 1st & re f g 4 % s '61 op '4 1 - -J & J G en M 5 % s 1952 ser B - . - J & J G en M 5s 1973 series C ____J & J E q t r 4 % s 1925-1939___ M & S E q t r 5s 1925-1938 (y r)--M & S E q t r 6s J a n 15 '2 6 -’3 5 _ J& J 15 W estern F r u it E xpress E q 5 s Ju n e 1 5 '2 5 -'3 9 (y r)-J& D G re a t N o rth e rn R y o f C an a d a — C ons 4s 1934 o p t to 1 9 1 4 --A & 0 D e b t ctfs B__ . . ________ G reen b rier R y — See C hes & Ohio G reenw ich & Johnsonville— 1st gold 4s 1924 - _______ J & J G u lf, M obile & N o rth e rn — 1st 5 % s 1950 ser B__ A&O G u lf & Ship Isla n d R R — 1st re f & te rm g 5s F eb '52 J& J G u lf T erm in al o f M obile— 1st m tg e g 4s 1957 g u . __ J & J H enderson B r— See L ou & N a sh H ocking V alley R y — 1st cons gold 4 % s 1999__ J & J 5% n o tes 1926__________ M&S E q t r 5s 1925-1938 (an n l-A & O E q tr 5s 1925-1939 ( y r ) ._ .J & J E q t r 6s J a n 15 ’26-’3 5 -- J & J 15 Col & H V ex t 4s 1 9 4 8 ---A & 0 C ol & T ol 1st g 4s 1 9 5 5 --F& A H ollid B ed & C um b— See P a R R H o u sato n ic— See N Y N H & H H o u sto n B elt & T e rm 5s '3 7 -J & J H o u sto n E & W T ex— See Sou Pac H o u sto n & T ex C en— See Sou P ac H ud so n & M a n h a tta n — 1st gold 5s 1957 o p t - . - F&A A dj inc u p to 5% T"eb '5 7 -A & 0 1st M 4 % s 1957 c o n v __ F&A N Y & J e r 1st g 5s ’32 o p t-F & A H u n tin g d o n & B ro ad T o p — 1st g 4s S ep t 30 1920 E x t a t 7% to 1925. A&O 2d m tg e 4s gold 1925 — F&A C ons 5s g M ar 31 1925- -A&O H u tch in so n & S— See A T & S F Illinois C e n tra l— 1st g 4s '5 1 -J & J 1st gold 3 % s 1951________ J& J M a in L e x t 1st g 3 % s '5 1 -A & 0 1st M £ 3s 1951_________ M&S 1st M £ 4s 1951_________ A&O T r b o n d s £ 3 Ms 1950______ J& J C oll tr u s t gold 4s 1952— A&O C ol t r L N O & T g 4s '5 3 -M & N R ef m tg e 5s 1955_______ M & N R ef g 4s 1955 o p t 1 9 1 8 --M & N P u r lines 1st g 3 Ms 1952 -J & J J t 1st re f M (I C & O S L & N O) 5s 1963 ser A ___ J& D Ser B (£100 & £200) '6 3 .J& D G old 5M s J a n 1934______ J& J G old 6M s Ju ly 1 1936. - -J & J E q t r 4M s J u l y ’25-'26- -J & J E q t r 4 Ms 1925-1937_____A&O E q 5s M a y '25-N ov '2 7 --M & N E q t r 5s 1928-38 ser J ...M & N E q t r 6s '26-'35 ( y e a r ) ..J & J 15 E q u ip 6M s 1926-1936__ M &S E q u ip 7s 1925-1935-- ..A & O C airo B ridge 4s g 1950__ J& D L itc h D iv 1st g 3s 1951 - . J & J L o u isv D iv 3 Ms g 1953__ J & J O m aha D iv 1st 3s g 1951 -F& A S t Louis D iv 3M s g 1 9 5 1 --J& J S t Louis D iv 3s g 1951___ J & J S p ’gfield D iv e x t 3 M s '5 1 - J & J W estern lines g 4s 1951__ F&A C hicago S t Louis & N O— C on g 5s Ju n e 15 '5 1 -J& D 15 Cong3*Ms Ju n e 15’51 - J& D 15 M em D iv 1st 4s 1 9 5 1 --J& D S t L ouis A lton & T e r H a u te — S t L S o u th 1st g 4s '31 _M&S C arb& Shaw 1st g 4s’23-M &S In d B1 & W n— See C C C & S t L In d ia n a 111 & l a — See C hic In d So In d & L ouisv—-See C h In d & L So In d ian ap o lis U n 4 Ms '26 - M&N G en & re f g 5s 1965 ser A - .J & J Series B __ __ _ - __ ____ In te rb o ro -M e t ISee S tree t & E In te r R ap T ra n f Ry Securities In te rn a t-G re a t N o rth R y— 1st M g 6s 1952 series A_ _J& J A dj M 6s 1952 series A A pril 6% gold n o tes 1930 - - M&S I n te rn a t R ys (C e n tra l A m erica)— 1st M 5s 1972 o p t_______ M&N 6% n o te s 1927- - - __ ______ 6% n o te s 1936- __ ______ Iow a” C e n tra l— See M in n & S t L la M in n & N W — See C & N W Jac k so n v T e r 1st 5s gu '3 9 . -J & J R ef & ex t 6s 1967 __ -J & J Jam esto w n F ra n k & C learfield— 1st g 4s 1959 gu ar -----------J& D Jefferson— See E rie Jo p lin U nion S ta tio n —■ 1 st g 4M s 1940 gu ar o p .-M & N K a l A1 & G R R — See L S & M S K an aw & M ich — See T ol & O C K an aw & W Va— See Tol & O C K a n C ity F t S co tt & M em p h is— R ef g 4s 1936 g u a r_____-A&O C ons 6s 1928___________ M&N C u rre n t R iv 1st 5s 1 9 2 7 --A&O K C M em & B ir 4s 1 9 3 4 --M&S In co m e 5s M a r 1934 -S ep t 1 A ssen ted__ _______ M&S K an C ity & M em R y & B — 1st 5s gold 1929---------- A&O 6 B asis. 116M 107% 108 77 79 79 A sk. 116% 107% 108% 78 80 80M 109 M 109% 92 91 M 101 100M 93 93 M b 4.85 4.70% b 5% 4.75% b 5.30 5.05% & 5.35 5% 87 70 14 X 88 M 80 15 80 ___ __ 99% 99 100 79 82 90 90% 100M 100% b 5.05 4.80% b 5.05 4.80% b 5.40 5.10% ___ 86 M ___ 85% r 96 M 98% 87 72 80 99 M 87 M 72M 82 100% 90 85 45 ___ ___ 50 91 % 83 83 61 M is 86 if 70 87 % 83 % 105 89 M 82 ___ ___ ____ 62 90 80 ___ 84% 106 89% 83 97 % v 97 102% 110% b 4.50 b 4.95 b 4.65 b 4.95 b 5.25 b 5% b 5.05 89% VIM 80M 72% 81 71% 78 M 86% 98 102 103 M 111% 4.15% 4.70% 4.40% 4.70% 5% 4.80% 4.85% ___ 72 • 82 102% 78% 81% 81M 82 89 M ___ 85 M 91 % 92 ____ 100 100 ___ 100 Vs 100M 104 M 70 % 100 70% 100% 79 96 85 79% 99 89 __ 107 M 87 M 88 91M 94 83% 103 99 92 % 83% 103% 100 92% 96 % Bonds A sk. 100 71% 88% 5.10% 84% 1 0 l% 40 20 15 81 87 100 95% 86% 101 5.20% 102% 127 80% 89% 99% 4.50% 86% 101 ___ 98 102% ___ 79 82% 83% ____ ____ 89% 98 90% 5% 5.20% ___ ____ ___ 101 99% 101 55 100 85% ___ 94 101 106% ___ 102% 93% 4.70% 4.80% 5% 93 ____ ____ 107 B onds M aine C en tra l— 1st & re f 4 % s 1935_______ J& D 1st & re f 5s D ec 1935____J& D E u r & N A gold 1933____J& J H ereford R y— G 4s '3 0 - M&N U pper Coos 1st gu 4s '30-M & N U pper Coos Ex 4 % s g '3 0 .M & N W ashington Co R y 1st g gu 3 % s J a n 1954 op 1 9 2 4 --J& J M an ila R R Sou Lines 4s '39.M & N 4s '39 ext 1959 (U S g u a r ) ___ Sinking fu n d g 7s 1937 M&N M an ito b a & S E— See C an N or M a n ito b a S W Col 5s 1 9 3 4 .-J& D M a rq H oughton & O nt 6s '25A & 0 E x ten d e d to 1935 _______ M d Del & Va 5s 1955 g u . ..F & A f M a ry lan d & P a 1st g 4s '5 1 -M&S M ason C ity & F t D odge— 1st M gold 4s 1955 . J& D f M em phis U nion S ta tio n Co— 1st g gu 5s N ov 1 '5 9 __ M & N M e rc h a n ts ’ B r— See T e rm R R M erid ia n T e rm 4s '55 g u a r.M & N M exican In te rn a tio n a l— P rio r lien 4 % s 1947______ M & S f 1st con gold 4s 1977______ M & S f Sept 1 1914 coup o n . ______ f Sept l 1914 coupon o f f . . f M exican N o rth 1st 6s 1930.J& D f M ich C en t— See N Y O & H R M iddlesex V alley—See L eh Val M id dletow n & U nionville— 2d M a d i inc 6s 1933___ M & N M id la n d o f N J —'See E rie M id la n d T e rm 5s 1925_____J& D M id la n d Valley—5 s 1943-- A&O A dj M Apr 1 '53 ser A ___ Sept Series B __________________ M illen & S outhw —5 s 1 955--A & 0 f M il L ake Sh & W est— See C hi & N W M ilw & N o— See C h M ilw & S t P M ilw & S p a rt & N W — See C hic M in & P a c — See M St P & S S M M in n & S t L — 1st 7s 1 9 2 7 .-J& D 1st consol gold 5s 1934__ M & N f 1st refg gold 4s 1949 - M&S f R ef & ext 5s F eb '62 ser A .Q -F f 1st gu g 7s 1927 - - - - J& D D es M & F t D 1st 4s '3 5 - -J & J f Iow a C en t 1st g 5s 1 9 3 8 --J& D f C ertific a te s o f deposit . f 1st & re f g 4s 1951___ M&S f M inn St P & S a u lt Ste M arie— 1st cons gold 4s 1938_____J & J 1st cons gold 5s 1938_____J & J 2d M gold 4s guar 1949__ J & J C oll tr u s t 6 % s 1931_____M & S 1st re f 6s 1946 series A . J& J 25-year 5 % s 1949---M & S E q t r 7s 1925-1930 (year) .J & D b M S Ste M & A tl 4s 1 9 2 6 -.J& J M in n & P ac 1st 4s 1936__ J & J M S t P & S S M & C en t T e rm R y — 1st C h T e rs f4 s '4 1 o p '1 6 M & N M inneapolis T e rm — See W is C en t M ississippi C en t g 5s 1949__ J & J M issouri-K ansas-T ex R R —■ P rio r lien 5s 1962 ser A ____J & J P rio r lien 4s 1962 ser B - . -J & J P rio r lien 6s 19.32 ser C ____J & J A dj M 5s J a n 1967 ser A -.A & O f M o K an & Tex (old c o m p a n y )— 1st gold 4s 19 9 0 -. ______ J& D E q u ip tr u s t 6s 1 9 2 5 -3 5 ..J& J1 5 b B obnville R R B ridge— 1st g gu s f 4s 1951____M & N f D a l & W aco 1st gu 5s '4 0 -M & N f K an C & P a c l*st 4s g '9 0 - -F& A f M o K an & E 5s 1942 g u .-A & O f M issouri K ansas & O kla— 1st g gu 5s M a y 1 '4 2 . M&N f M K & T o f T 1st 5s gu '42 M & S Sherm an S hreveport & S—■ 1st M gu gold 5s 19 4 3 --J& D f S W C oal & Im p 1st 6s '2 9 . J& J f Texas & O kla— 5s 19 4 3 --M & S f M o P acific R R (new com pany)— 1st & re f 5s J u ly 1926 C --F & A 1st & re f 5s J a n 1965 A __ F&A 1st & re f 6s 1949 ser D __ F&A 5% gold n otes 1927______J& J 6% secured notes 1930 M&S E quip tru s t 5s 1926-40 (vr)M&S b M o P acific (old c om pany)— G en M 4s M a r 1975______M&S E q u ip 6 % s 1925-1936___ F&A b E q t r 6s J a n 15 ’2 6 -'3 5 --J& J1 5 b 3d 7s ext to J u ly 1938 a t 4% . - . - - .- M&N C en t B r U n P a c l s t g 4 s ’48 J& D P ac of M o 1st ex g 4s '38-F & A 2d ext 5s gold l9 3 8 ------J& J S t L R E 1st 5s 1 9 3 8 --M &N C ard elet B r 1st 4 % s '3 8 -A&O S t L ouis Iro n M t & Sou—■ U nify & re f’g g 4s '2 9 __ J& J Gen con ry & 1 g 5s ’3 l - A&O k L a st sale. I I n L ondon. B id A sk 87 93 90 89 90 91 89 96 67 58% 65% 105 98% 40 99 % 76" 58 97 100 80 82 50 89 60 99% 59% 21 14% 99% 45% 59% 58% 20% 86 98% 103 100 84 5.40 99% 92% 92% 90% 71% 103 81% 80% 5.70 70 90 70 90 % 73 103% 82 81 5.25% 80 113 30 90 65 100% 85% 100% 100% 100% 86 100 % 100 % 100.73 5.10 4.90% 62% 62 % 5.45 5.10% 5.55 5.20% 85% 64% 90% 99% 90 88 94% 100 94 % 100 % R iv & G u lf D iv 4s '3 3 . -M &N 86% 86 % V erd Val I & W 1st 5s '26 M&S 100 % 100 62% M obile & B irm — See S outhern R y M obile & O— 1st g 6s 19 2 7 --J& D 104 103 84% 102% 104 1st exten 6s J u ly 1927____Q -J 89% G en g 4s 1 9 3 8 - - ________ M & S E q t r 5s 1925 '38 (s -a ).-.M & S 65.10% 4.90% E q t r 5s 1926-39 (y e a r)____J& J 6 5.10 4.90%, M o n tg o m D iv g 5s 1947--F& A 83 98% S t L ouis D iv 5s 1927_____J& D 98 __ S t L & C 4s g u a r 1931____J& J 94% 94% M o ’k & M alo n e— See N Y C & H __ M onongahela Sou 5s 19 5 5 --A&O 98 104 M o n t C en t— See S t P M & M 98 106% M o n t W yo & So 5s 1939__ M &S M o rris & E ssex— See D L & W 70 82 60 N ash v ille C h atta n o o g a & S t L— 98 1st consol gold 5s 1928__ A&O E q t r 4 % s 1925-37 (y e a r).A & 0 100% b 4.95 4.75% N a sh F lor & Sheff— See L & N 98 M / T h is price includes accru ed in te re st, Bid. K an sas C ity C lin to n & S pringf’d 1st 5s gold 1925 g u a r___ A&O 99% K a n sa s C ity M exico & O rient—• 1st gold 4s 1951 (undep)__F& A 6% n otes 1916 c e rtifs ___ A&O / -----K an sas C ity & P ac— See M K & T K a n C ity Sou— 1st g 3s 1950. A&O 71% R ef & im p t 5s A pr 1 1950- - J& J 88% E q t r 6s 1926-35 (year)__J& J15 b 5.50 K an sas C ity T erm inal R y—■ 1st g 4s 1960 o p t 1 9 3 0 --- J & J 84% 6 % % gold n otes 1931 __ -J & J 103 5% % gold notes 1926--M & N 15 101% K an O kla & G u lf ser A 6s '3 7 -J & J 30 In c 6s series B J a n 1949____J a n In c 6s series O J a n 1949___ J a n K e n tu ck y C en tra l— See L & N K e n tu ck y & In d ia n a T e rm R R 1st M 4 % s 1961 (s te rlin g ).J & J 77 85 K e o k u k & D es M — See C R I & P K noxv & O hio— See S outhern R y L ak e E rie & D e t R iv— See P e re M L ake E rie & W estern—• 1st gold 5s J a n 1 1937_____J& J 99% 2d gold 5s J u ly 1 1941___ J & J 95% N o r Ohio 1st gu 5s g 1945-A & 0 86 L S & M ich So— See N Y C & H R Leh & L ake E rie— See Lehigh Val L ehigh & N ew E n g lan d — 102 1st M gold 5s 1945________ J & J G od m tge gold 5s 1954-- -J & J 100% E q u ip tr u s t 4 % s 1925-1931-V ar b 5.40 L ehigh V alley H arb o r T e rm R y — 102 1st m tge 5s 1954_________ F&A L ehigh V alley— 91 1st 6s ext gold 4s 1948___ J& D 124 C on M 6s a n n r e g irr e d ____J& D 95 Con M 4 % s a n n ir r e d ____J& D 80 G en cons gold 4s 2003____M&N G en con gold 4 Ms 2003__ M&N 88% G en con gold 5s 2003 __ M&N 99% Coll t r 4s A ug '25-Feb '2 6 .F&A 6 5% L ehigh & L ake E rie— 90 1st 4 %s 1957 g u a r_____M&S 84% L ehigh & N Y 1st 4s 1945.M & S Lehigh V alley C oal— 100% 1st 5s gold guar 1933___ J & J 1st 40-year g u ar in t re d to 89% 4% 1933____________ J& J Lehigh V alley R y of N ew Y ork 96% 1st 4 Ms gold 1940______J& J Lehigh Vali T erm 5s 1941-A&O 101% 98% M iddlesex Val 1st 5s ’4 2 - -M & N P a & N Y C anal con 5s '39. A&O 101 95% C ons m tge 4 Ms 1939__ A&O 90 C ons m t’ge 4s" 1939___ A&O L ehigh & W ilkes—Bee C en t N J Lex & E a s t— See Louisv & N ash v 82% L itch field & M a d 1st 5s '34-M & N 84 L ittle M iam i guar 4s 19 6 2 --M & N L ittle R ock & H o t Spr W est R y— 77 1st gold 4s 1939 g u a r . - ___ I& J 82% Long Is la n d — U nified g 4s’49M&S 82% R efunding g gu 4s 1949__ M&S ____ T ax -exem pt N ew Y o rk __ 99% 1st cons f 5s J u ly 1 1931__ Q-J 93% 1st cons g 4s J u ly 1 1931__ Q -J 89% G en m tg e gold 4s 1938____J& D 90 4s gold 1932___ ________ J& D 94 D e b en tu re gold 5s 193 4 -- J& D 88% D e b en tu re gold 5s 19 3 7 --M &N E q u ip t r 5s 1925-39 ( y r ) ..A & 0 b 5.40 E q u it t r 6s 1925-32 (y r)--F & A b 5.60 95 M o n ta u k E x t 5s 1945 __ J& J B rook & M on 2d 5s 1938-J& D 95 98 L I C ity & F con 5s 1937-M &N 97 N Y B ay E x t R ls5 5s g '43 J& J N ew Y ork B klyn & M a n h B ch 99% 1st gold 5s 1935 - - - ..A & O 100 N Y & R B 1st g 5s 1 9 2 7 --M & S N o rth Shore B ra n ch — 98 M 1st cons 5s g O ct 1 1 9 3 2 ..Q -J L ouisiana & A rkansas R y— l s t s f gold 5s 1 9 2 7 --- - M & S 100 L o u isian a & N o rth W estern— 45 1st M gold 5s 1935............A & O L ouisv C ine & Lex— See L ou & N L ouisville H enderson & S t Louis— 98 1st m tge gold 5s 1946 - -J & J L ouisville & Jeffersonville B ridge 85 G u a ra n tee d gold 4s 1945- M&S Louisville & N ashville— 50-year gold 5s 1937_____M&N 104 34} 93% U nified gold 4s 1940..J & J C oll tr u s t gold 5s 1931- M &N 100% 7% g notes M a y 15 '30-M & N 15 106% 106% 1st & re f 5 Ms 2003 ser A ..A & O 102% 1st & re f 5s "2003 ser B ___ A&O 93 1st & re f 4 Ms 2003 series C__ E q t r 4 % s 1925-37 (y ear)-J& D b 4.95 5% E q u ip 6M s 1926-36 (year).M & S b E q t f 6s J a n 15 ’26-’3 5 - - J& J15 b 5.25 89% A tl K & C in D iv 4s 1955- -M &N 101% A tl K nox & N o r 1st 4s '4 6 -J& D ____ C onsol gold 4s 2002___ M&S 99 L ou C & Lex 4 % s g 1931.M & N N O M ob 1st gold 6s 1930 -J & J 104% 2d gold 6s 1930 - - -J & J 103% 85% P a d & M em D iv 1st 4s '46-F & A S E & S t L D iv 6s 1971 M&S 61% 2d m tg e 3s 1980____..M & S H enderson B dge 6s g 1931.M & S 105 84% K e n tu ck y C en t 4s g 1 9 8 7 --J & J 106% Lex & E a s t 1st 5s 1965__ A&O 97% L & N M o b & M o n t4 % s ’45M & S L ouisv & N a sh v S o u th ern jo in t 82% gold 4s 1952__________ J & J __ L & N T e rm 1st g 4s '52 gu J&D N a sh F & S 1st gu g 5s '37-F & A 100% N e w p o rt & C in cin n ati B ridge— 93% 1st M g 4M s 1945 g u a r ..J & J S & N A la cons M g 5s '36-F & A 102% G en cons gu g 5s 1 9 6 3 -.A & 0 104% M acon D u b & Sav 5s 1 9 4 7 --J& J 97% M acon T e rm in al 5s 1965___ J& J M ah o n in g C oal— See L S & M S 120 j Sale price. n N om inal. 33 A pril, 1925.] B A IL R O A D B O N D S NOTICE.—All bond prices are “and interest” except where marked “ t ” and income and defaulted bonds. B o n d s. Bid. N a tio n a l R ailw ays o f M exico— P rio r lien g 434s s f 1 9 5 7 --J& J / / Ju ly 1914 coupon o n ________ f f 1534 G en m tg e 4s 1977-*_____ .A & O f f O en '4 s a sse n t red “ruble 1977__ f 8% gold n o tes Ju n e 1 9 1 5 .J& D f N a t HR o fM e x D 1 z 4 H s ’2 6 -J & J !/ J u ly 1914 coupon o n _________ 1/ A ss'n t w ith J u ly ’24 c o u p o n / 1st cons gold 4s 1951_____A&O / A pril 1914 coupon o ff______ / A ss’n t w ith A pr’24 cou p o n on / 15 N e b ra sk a — See O B & Q N ew E ng R R — See N Y N H & H N ew H av & N o— See N Y N H & H N J J u n c tio n — See N Y C en tra l N ew Jerse y & N ew Y ork— SeeErie N ew Lond N o r 1st 4s 1940__ J & J 83 N ew M ex R y & C ’l— See E l Paso N ew Or! G t N or 1st 5s '5 5 - -F& A 59 N ew O rl & N o rth E a s t 6s 1915— E x ten d e d a t 5% 1940____M&N R ef & im p t 434s '52 ser A . . J & J 89 N ew Orl T erm 1st 4s 1953__ J & J 8034 N ew O rleans Texas & M exico— 1st g 6s O ct 1925 series A .J & D 10054 N on-eum inc 5s O ct '35 series A / 96 1st 3s 1954series B te m p ..A & O 9214 1st M 534 s 1954 series A ..A & O 9914 N ew p & C in B dge—’See L & N N ew p & R ich— See C onn & P ass N Y B & M B ch— See L o n g Islan d N Y B ay E x t R R —'See L ong Is l N ew Y ork C e n tra l R R —■ C onv deb 6s 1935_______ M&N 10754 C ons m tg o 4 s 1998 series A .F& A 8344 N ew Y ork C en tral & H ud R iver— R ef'g g 3 34 s J u ly 1 1 9 9 7 ...J & J 7714 D eb g 4s ’34 tax -ex em p t.M & N 9414 D eb 4s 1942 ta x -e x e m p t..J & J 91 R ef & im p t 4 34s 2013 A ..A & O 9014 R ef & im p t 5s 2013 C . . . A & 0 10054 E q tr 7s ’25-'35 (y e a r)..A & O 15 b 4.95 E q t r 6s Jan 15 *26-’3 5 . - J& J1 5 b 5.25 N Y C Lines eq 5s 19 2 5 -3 7 .J& D 6 4.85 N Y C Lines eq 5s 1925-3 ). J& D b 4.85 N Y C Linas e q 4 K s ’26-’2 8 . J&.P5 4.60 N Y C L eq 4 34s’25-’37(yr) M & S 6 4.85 N Y C Lines eq 4 )4s S ep t 15 1925 to 1939 (y e a r)______M&S15& 4.85 N Y C R R eq 414s ’36-’3 2 ..J & J b 4.85 B os & Alb eq 414s ’25-’2 7 -A & 0 b 4.60 7514 L S coll t r g 334 s l 9 9 8 .. F&A M O coll t r g 3 1 4 s 1 9 9 8 ---F&A 7554 Beech C r 1st 4s g gu 1936. .J & J 93 14 2d g u a r gold 4s 1936____J & J 97 54 75 C lf B it C Co 1st g 4s '4 0 -J & J 81 Beech C rk E x t 314s '5 1 -A & 0 C a r t & A dir 1st 4s I9 8 1 --J& D 8214 G o u v & O sw 1st 5s g 1942. J& D 9854 L ak e Shore & M ich S o u th —• 79 C on g re f 314s 1997____J& D D e b gold 4s 1928______M & S 9814 96 G old 4s 1931_________ M&N C leve S h o rt L 4 1 4 s ’61 -A&O 9554 K A & G r K 1st 5s 1 9 3 8 .J& J 10034 105 K al & W Pig’n g 4s ’4 0 . -J & J M ah o n C RR 1st 5s 1 9 3 4 .-J & J 10154 M arch D isp atch T ra n sp Co— E q t r 414s 1 9 2 5 -1 9 2 6 ---J & J b 5.25 M ich ig an C en tra l—■ 5s coup '31 C & B C d iv .M & S 101 97 D eb gold 4s 1929______ A&O E q u ip 5s 1925-30 (y r ).A & 0 b 4.90 E q u ip 6s 1925-32 (yr)__M & S b 5.15 1st 5s K al & S H 1939.M & N 91 1st m tg e M A ir L 4s ’40 -J & J 1st g 4s J o l & N In d ’57J& J10 1st g 3 14s J L & Sag ’51 .M & S 7754 1st gold 314s 1952..........M&N 8114 ____ BayC&BC) 1st M g 3s’89J& D B a t C & S 1st gu g 3 s'89.J& D 6014 91 D e t R T u n 414s '61 g u .M & N 80 G ra n d R iv Vail 4s ’5 9 -.M & S T o l C an Sou & D 4s '5 6 -J & J M o h & M ai 4s 1991 - ..M & S 8414 C onsol gold 314s 2 0 0 2 ..M & S N J J u n e 1st 4s gu 1986. F&A 8214 7914 N Y & H ar 1st g 3 14s 2000 M&N N Y & N o r 1st g 5s 1 9 2 7 --A&O 10014 84 N Y & P u t 1st 4s g 1 9 9 3 ..A & 0 P in e C reek gu 6s 1 9 3 2 _ _ .-J& D 10514 P itts & L ak e E rie 6s 1 9 2 8 --J& J 5s J a n 1 1928_________ A&O 10014 E q t r 614s 1925-35(yr). A&O b 5.10 P itts M cK & Y 6s 1 9 3 2 -J& J 10414 2d 6s g u ar 1934______ J & J 102 54 S t L aw r & A dirond 5s '9 6 - -J & J 9314 102 2d gold 6s 1996_______ A&O W est Shore 1st 4s 236 1 ____J & J 82 54 92 N Y O & S t L 1st g 4s 1 9 3 7 .-A & O 2d & im p t 6s A B & O '31 -M & N 103 D eb 4s M a y 1 1931_____M&N 9314 R e f 514s ’74 ser A te m p .-A & O 9414 N ew Y ork C onnecting R R —■ 1st M 414s 1953...................F&A 9114 N Y & G r’wood L ak e—'See E rie N Y & H a r— See N Y C & H R N Y & Jerse y — See H u d & M a n h N Y L ack & W est— See D L & W N Y L E & W O R R — See E rie N Y & L ong B r— See C en t o f N J N Y N ew H av en & H a rtfo rd — 88 D e b 6s J a n 15 ’48 c o n v ..J & J 1 5 54 D e b 4s M a y 1 1957_____M & N 51 D eb 4s J u ly 1 ’5 5 n o n -c o n v .J & J 62 D eb 4s 1956 n o n -c o n v __ M&N 67 D eb 4s 1947 n o n -c o n v .. M&S D eb 314s M arch 1947____M&S 5854 56 D eb 334s 1954 n o n -co n v .-A & O 40 D eb 314s 1956 c o n v _____J& J F ra n c deb en 7s (ext) 1925-A&O 9914 D o llar d eb en 7s (ext) '2 5 .A & 0 9954 6714 B os & N Y A L 1st 4s g ’55 F&A 65 C en t N ew E n g 4s 1961___ J & J 80 D u tch ess Co 414s 1940. J& D A sk. B onds Bid. B o n d s. A sk. N Y N H & H a rt! (Concl)— D a n b & N orw alk 4s 1955- -J& D H a rl R & P'ortch 4s ’5 4 - -M &N 2614 1714 30 1814 32 1714 61 8914 8154 101 97 9214 100 108 8414 7754 9414 9114 91 10114 4.80% 4.90% 4.70% 4.70% 4.20% 4.70% 4.70% 4.70% 4.25% 7554 7714 8114 80 9854 9614 __ F .. 104 4.60% ___ 9714 4.70% 4.90% ___ _ ____ 83 ____ 6114 9154 ___ ____ 86 8034 ___ ___ ___ ___ 4.90% ____ ____ 9354 83 9214 10334 9454 95 9154 8834 56 64 6354 6714 6214 5654 5514 100 10034 69 6614 N a u g a tu c k 1st 4s 1954..M & N P e n n sy lv an ia R R (Concluded)— D R iv R R & B gu g 4s '36-F & A 8134 94 73 81 9434 83 C onsol g 5s J u ly 1 1 9 4 5 .J& J N Y & N E B os T e r 4 s’39 A&O N H a v & N o rth 4s '56 g u . J& D N Y l’ro v & Bos 4s '4 2 __ A&O 8634 N Y W estchester & Bos R y —• 1st M g 434s 1946 g u . - .J & J 63 P ro v Sec deb 4s 1957 g u . M&N 5234 P ro v T e r 1st g 4s gu ’5 6 . -M&S 8134 N Y & N o r— See N Y C & H R N ew Y ork O n ta rio & W estern—■ R ef 1st g 4s J u n e 1992. -M&S 66 R eg istered $5,000 o n ly ______ 6334 G en M g 4s 1955 r e d . . ..J & D 6334 E q 434s S ept ’2 5 -M ar ’28 M&S b 4.75 N Y P h iia & N o r— 1st g 4s '39J&J 89 76 Incom e 4s J a n 1 1939___ M & N Stock tr u s t ctfs 4s 1948. J& D 85 N Y P ro v & B — See N Y N H & H N Y & P u tn a m — See N Y C & H R N Y & R ockaw ay B— See L ’g Isld N Y Susq & W— See E rie N Y W est & B — See N Y N H & H N ord R y s f 634s 1950_____A&O 8034 N o rf & C aro— See At! C o ast Line N orfolk S o u th e rn — 1st & re f g 5s ’61 op ’1 5 --.F & A 72 N o rf & Sou 1st 5s 1 9 4 1 .. .M & N 9634 1st gen g 5s 1954 o p t . . J& J 87 R al & C ape F 1st 5s ’4 3 ..M & S 87 R al & S o u th p con 5s '6 5 ..J & 1 ) 8634 Suffolk & C ar con 5s ’5 2 . .J & J 8634 N orfolk T e r 1st gu 4s ’6 1 __ M & N N o rf & W est gen 6s 1 931..M & N 10534 Im p & exteri 6s 1934 ____F&A 10734 N ew R iv er 1st 6s 1932___ A&O 107 34 N & W R y 1st con 4s ’96 .A & O 8934 D iv 1st lien & gen g 4s J u ly 1 1944 o p t J a n 1 1 9 2 9 ... J& J 8834 C onv 6% Sept 1929. . . M & S 12534 N & W P o cah o n tas 4s '4 1 -J& D 9134 E q t r 434s 1925-’3 2 _____M & N b 4.75 E q t r 414s 1927-’31 (y r)._ F & A 6 4.80 E q t r 4 34s 1929-’32 (yr)__A & 0 b 4.80 S c io t. V al & N E l s t 4 s ’89M & N 8834 N o & So C a r— See C ar A tl & W est N ’e ast of S O— See A tl C L of S C N o rth e rn C al R y— See So P ac N o rth e rn C e n tra l— G en & re d 5s 1947 ser A .M&S 10134 N o rth e rn Ohio— See L E & W est N o rth e rn Pacific— P rio r lien g 4s J a n 1997___ Q -J 8434 61 G en lien g 3s J a n 2047__ Q -F R ef & im p 4 34s 2047 ser A .J & J 86 R ef & im p 6s 2047 ser B _ .J& J 10634 R ef & im p 5s 2047 ser C ..J & .I 9634 R ef & im p 5s 2047 ser D .J & J 96 4 E q t r 434s '2 5 -’32 (y r)._ F & A l5 b 5% E q t r 7s 1925-’30 (yr)_M & N15 b 5.10 S t P & D D iv g 4s 1 9 9 6 ..J& D W ash C en t 4s M a r 1 9 4 8 ..O-M S t P a u l & D ul 1st 5s ’3 1 . -F& A 10034 1st consol g 4s 1968__ J& D 8434 D u l U nion D ep 5s '30--A & O No P a c T e r Co— 1st 6s '3 3 . -J& J 10934 N o rth Ry o f C al— See Sou P a c 92 N o rth P e n n a e x t’d 4s ’3 6 __ M&N G en g 3 3-10s 1953_______ J& J 75 N o rth w T erm g 5s 1926 g u .- J & J 35 N orw ich & W or— 4s 1 9 2 7 .-M&S 97 O gd’bu & L C ham — See R u tla n d Ohio C o n necting— See Penn R R Ohio I & W— See C C C & S t L Ohio R iver— See B a lt & Ohio Old C olony 4s D ec 1925____J& D 9934 4s J a n 1938 _____________J& J 8934 3J4s Ju ly 1 1932_________ J& J 8934 1st M 534s 1944________ F&A 10434 Oregon & C alifo rn ia— See So P ac O regon-W ash R R & N a v —■ 82 1st & re f g gu 4s '61 o p t. .J & J Ore R R & N a v cons 4s ’46 J& D 8834 Oregon S h o rt Line—-See Un P ac Pacific C oast Co— See M isc B onds P a d u c ah & 111 1st 434s '5 5 __ J& J 9534 P an A m erican 1st 5s ‘34 o p t.J & J / 10 P a ris-L y o n s-M e d ite rra n e an R R — E x t s f 6s 1958________ F&A15 7334 S f ex tl 7s 1958 _______ M & S15 8334 P aris-O rleans e x t’l 7s 1954 .M & S 8234 98 P a u lis ta R y ls t7 s ’42 ser A M&S15 P e n n sy lv an ia R R — 92 C on M 4s gold 1943_____M&N 92 do 4s gold 1948______ M&N do 4s gold 1948 sterlin g _ 92 sta m p e d d o lla r b o n d s__ do 434s g 1960 ______ F&A 9934 G en g 434s 1965 - _____J& D 9434 G en g 5s D ec 1 1968_____J& D 10234 10-year gold 7s A pr 1 '3 0 . -A&O 109 15-yr 634s Feb 1 1936___ F&A 11034 4 0 -yr 5s 1964___________ M & N 9734 C on M 334s g £ 1945______ J & J If 72 E q t r 6s J a n 15 ’26-’3 5 --J& J 1 5 6 5.25 E q t r 5s M a r 1926-’3 8 ...M & S b 4.90 G en eq uip 5s 1925-’39 (yr) A&O b 4.90 E q tr 434s 1925-’39 ( y r ) ..A & 0 b 4.85 Aleg V al gen 4s 1942_____M & S 92 52 B a lt C hes & A tl 1st g5s’34 M &S B elvidere D el gu 4s 19 2 7 --F& A 98 1st a gu 334s 1943______ J & J 8234 C in L eb & N o r 4s 1 9 4 2 -..M & N 8734 C lev & M a rie tta 434s '35 M&N 9634 C lev eland & P ittsb u rg h —■ Ser A 4J4s gen g td 1 9 4 2 .J& J 9934 Ser B 434s gen g td ’4 2 --A & 0 99 8534 I n t re d to 3 3 4 % ________ Ser C 3 34s gen g td ’48- -M & N 85 Ser D 3 34s gen gtd ’5 0 . . F&A 84 8234 96 8334 6334 6634 7534 6434 4.40% 9034 8634 81 72 J4 8834 10734 108 54 9034 8834 129 9134 4.55% 4.65% 4.65% 8834 102 8434 6134 87 10734 97 v. 97 54 4.75% 4.90% 8434 87 94 77 40 8234 89 9834 25 7434 84 8334 99 9234 9334 9434 9934 9434 103 10934 11034 9734 77 5% 4.75% 4.75% 4.70% 9234 55 100 __ 9934 9934 /'T h is price includes accrued in te re st, k L a s t sale. I In L ondon, n N o m in a l, s Sale price. < T ax -ex em p t. A sk . 9334 G en gu g 334s ser B '4 0 - .J & J 8434 Series C 1940 _______ J& J 8434 G r R & In d ext 434s ’4 1 - -J & J 9434 2d 4s 1936____________ A&O 89 M uskegon D iv g 5s ’2 6 - -J & J 100 H o lid ay sb u rg B edford & C um h 1st M g 4s 1951 g u a r__ J & J 86 Ohio C onnecting 4s 1943-M & S 9034 P e n n sy lv an ia C o m p an y — Gu g 4s 1931 op 1 9 2 1 ..A & 0 9534 G u t r ctfs g 4s 1952__ M&N 8534 G u t r c tfs g 3 34s 1 9 3 7 .-M & S 8434 G u t r ctfs g 3 34s 1 9 4 1 .-F&A 83 G u t r ctfs g 3 34s 1 9 4 2 ..J&D 82 G u t r ctfs g 3 34s 1 9 4 4 .-J&D 82 P h B a lt & W ash 4s ’4 3 ..M & N 9234 G en 5s 1974 series B ___ F&A 10534 P itts C in C hic & S t L ouis— C on g gu 434s ser A '4 0 . A&O 9534 do Ser B 1 9 4 2 ---A&O 9634 do Ser C 1942 ..M & N 9434 do Ser I 1963___ F&A 9534 do 434s ser J '6 4 .M & N 94 34 do 4s ser D 1945.M & N 9134 do 4s ser F 1 9 5 3 ..J& D 9134 do 4s ser G 1957-M & N 9134 do 4s ser H 1960.F& A 9134 do 3 34s ser E '4 9 . F&A 9134 G en M 5s 1970 ser A ..J & D 9834 G en M 5s 1975 ser B .A& O C S t L & P i t t s l s t 5 s g ’32 A&O 10134 P itts Va & C h ar gu 4s '4 3 -M & N 87 34 P itts Y oung & A sh 5s ’27-M & N 10034 1st gen 4s series A 1948. J& D 88 1st M 5s 1962 series B . F&A 10034 1st gen 5s 1974 series C .J & I ) 102 Sun & Lew 1st g 4s 1936. J & J 9134 Tol W ahl Valley & O hio—• 1st g gu 434s '31 ser A .J & J 9634 1st g gu 4 34s '33 ser B . . J & J 9634 1st g gu 4s ’42 ser C __ M & S 8934 P en n & N Y C an a l—-See L eh Val P enn sy lv an ia & N o rth w e stern — G eneral 5s J a n 1 1 9 3 0 .. . . J & J 9934 C learfield & J e ff 1st 6s ’2 7 .J & J 10134 P eo ria & E a s t— See C C C & S t L P eo ria & N W— See C hic & N W P eoria & P ekin U nion R y — 1st g 5 34s 1974 series A ..F & A 99 Peoria’ R y T erm — See C h R I & P P e re M a rq u e tte (N ew C o)— 99 1st g 5s Ju ly '56 ser A . _ .J & J 1st g 4s J u ly '56 ser B_ .J & J 8254 E q tr 6s J a n 15 ’26-’3 5 . J& J 15 b 5.50 L E & D e t R iv 4 34s '3 2 . . F&A 96 P erkiom en 1st 5s '18 ext to '38 Q -J 95 1 2d 5s 1918 e x t to 1938. . . Q - J [P etersburg— See A tl C o ast Line 88 P h iia & B alt C en t 4s 1951. .M & N |P h ila B a lt & W ash— See P e n n R R jPhlla H a rrisb u rg & P ittsb u rg h —• ! 1st m tge gold 5s 1925___ A&O 9934 74 P h iia N e w t & N Y 3s 1 9 4 2 .-A&O IP h iia & R ead — See Rea ding Co P h iia W ilm & B a lt 4s 1926. .J & J 9834 D e b en tu re g 4s 1932_____A&O 9434 P h ilip p in e R ailw ay— 40 1st p 4s 1937 s f o p t g u __ J & J P ie d m o n t & N o r 1st 5s 1954 J & J 87 P in e C reek—'See N Y C & H u d R iv P itts b B essem er & L ake E rie — P S & L E l s t g 5s 1940__ A&O 10034 98 C ons 1st g 5s J u ly 1 ’4 3 -- J & J P B & L E con g 5s 19 4 7 --J& J P itts C h ar & Y oughiogheny— G en m tg e g td 4s 1932__ A&O P itts C C & St L— See P enn R R P itts & L E — See N Y C & H ud R iv P itts M cK & Y ough— See N Y C P itts Shaw & N — 1st g 5s ’4 9 .F&A f 4 G old 4s Feb 1 1952______F&A / 6% receivers’ c tfs 1927__ M&A / 40 P ittsb u rg h & S h a w m u t—• 1st s f g 5s 1959 o p t______ J& D / 50 P itts Shen & L E — See P Bess & L E P itts b T e rm R R & C oal— 1st g guar s f 5s 1 9 4 2 .. . . J & J W Side B elt 1st g 5s '3 7 -M & S P itts Va & C has— See P e n n R R P itts & W estern—'See B & O P itts b Y oungs & A sh— See P a R R P o rtla n d & O gdensburg 92 1st M 4 34s 1928 g u a r------M & N P o r t & R F alls— 1st g 4s '2 6 .M & N 96 92 D e b en tu re 4s A ug 1 9 2 7 .-F& A P o rtl (M e) T e rm gu 4s '6 1 - -J & J 7934 G u a r 5s 1 961-- _________ J & J 9534 97 P o rt R eading— 1st gu 5s ’4 1 -- J & J P o rts G t F & C on— See B os & M e P o to m ac Val— 1st gu 5s g '4 1 . J & J 10034 P rin ce t & N o rth w — See C hic & N W P ro v Sec Co— See N Y N H & H P rovidence T e rm — See N Y N H & H 82 P ro v & W ore— 1st 4s 1 9 4 7 ..A & O R al & Aug— See S eaboard A ir L R al & C ape F e a r-S e e N o rf Sou R al & C harles— See Seab A L R aleigh & G as— See Seab A L R al & S outhp— See N o rfo lk S outh R aleigh & S~W— See C hes & Ohio 92 R a rita n R iver— 1st g 5s ’39 J & J R eading C o m p an y —• G en gold 4s J a n 1 1997__ J & J 9434 90 In te rc h a n g e ab le c tfs d e p ____ E q 4 34s J u ly ’2 5 -J a n ’2 7 ..J & J b 4.75 E q 5s (J& J) ’25-’32 ser J -J & J 3 4.85 88 J e r C en t g 4s '51 o p '0 6 . -A&O G en & re f 434s 199? ser A . J & J 9334 A tla n tic C ity gu 4s 1951 -J & J 83 34 1st M gold 534s 1 9 2 9 .-M &N 10134 7934 P h iia & R — 2d 5s g 19 3 3 --A & 0 101 Im p M e x t g 4s 1947__ A&O 9034 C ons ext gold 4s 1 9 3 7 --M&S 91 T e rm 5s g gu M a y 1 ’41 Q -F 103 D el R T e r p m g 5s ’42.M & N 100 E x p m on g 5s 1 9 4 2 .-J & J 100 1 b B asis. Bid. 95 90 102 89 9534 8634 85 84 8234 100 9734 9634 9634 96 9934 99 103 101 104 10234 9934 9934 8234 5.20% 90 78 9934 9434 4134 88 10134 8 5 65 70 95 98 95 8034 9634 94 4.40% 4.65% 8834 9434 10234 81 92 93 104 RAILROAD BONDS AND STOCKS M [V ol. 120. N O T IC E .— A ll b o n d p ric e s a re “ a n d i n t e r e s t ” e x c e p t w h e re m a rk e d “ f ” a n d in c o m e a n d d e f a u l t e d b o n d s . Bid. B o n d s. A sk . R eading C o m p any (Concluded) W ilm & No 1st 5s 1 9 27.J& D 99 G en g 5s Aug 1 1 9 3 2 ..Q -F 100 P h ila & R ead C oal & Iro n — 92 C oll s f g 4s ex t '32 g u .F & A R enssel & S arato g a— See Del & H R ichm & D an v — See S o u th ern Ry R ich F red erick sb & P otom ac— C ods m tg e 4M s 1940____ A&O 85 E q u ip 6s J a n 15 ’2 8 -'3 5 -J& J1 5 b 5-40 5.20% R ich & M ecklenburg— See So Ry R ich & P e te rsb — See A tl C o ast L R ichm ond T e rm — 1st 5s 1952.J& J 100M 101 R ich m o n d -W ash in g to n Co— Coll t r g gu 4s 1943 o p t. .J& D 89 R io G r Ju n e — See D env & Rio Gr R io G ran d e Sou— See D env & R G R io G ran d e W est— See D & R G R ock IsldFrisco T erm — 5s '27 J& J 99 M 101 R o ck Isl A rk & La— See C R I & P R o ck Isl & Peoria— See C R I & P R u tla n d — C on 4M s 1941___ J & J 75 H 76M B en n & R u tl 4 K s g '2 7 ..M & N 95 Ogd & L C h 1st g gu 4s '4 8 .J & J 71 Vs 73 M R u tl C an 1st g gu 4s 1949.J & J 72 74 E q t r 4M s 1925-27 (y r).M & N b 5.50 5% S t C lair M ad & St Louis B elt— A lton B ridge 1st g 4s '5 1 . -J& J 72 74 S t C lair T erm 1st 5s 1932__ F&A S t Jo h n s & L C h am — 5s '44.M & S 40 60 S t J & G r Isl— 1st g 4s 1947-_J& . 76 75M S t Law r & A dir— See N Y C en tra S t Louis A1 & T H— See 111 C en t S t L M er B r Co— See T e rm R R S t L S o u th — See Illinois C en tral S t Louis-San F ran (reorganized) G en m tg e gold 6s 1 9 3 1 .. G en m tg e gold 5s 1931_ C on m tg e 4s Ju ly 1 9 9 6 .. Sou W est D iv g 5s 1947. S t Louis S o u th w estern — N W M isc C o s,p . 44 74 M 75 88 88 M 102M 102 M 97 M 97 M 86 H 86 M 79 / 78K b 5.45 5.15% 104 % 105 M ___ 100M ___ 90 % ___ 99 80 M 72 M 88 85 b 5.25 87 M 88 H 85 87 M 80 M 74 88 M 86 5% 89 M 101 102 M / S t P au l B ridge & T erm in al R y— 88 M S t P au l & D u lu th — See N o r Pac S t P au l E a s t G r T rk — See C& N W & N R I & Pac S t P au l M inn & M an ito b a — 95 108M 109M 1st consol g 6s 1933____ 1st cons red to 4 Ms g 193c 99 M ontana ext 1st 4s 1 9 37.J& D 94 92 M 88 E a s te rn Ry of M in n eso ta N o r D iv 1st g 4s 1 948--A&O 90 110M 102 W il & S F 1st 5s g 1 9 3 8 ---J& D 102 M ■104 S t P a u l & N or Pac— See Nc S t P au l U nion D epot— 101 101M 89 S a n ta Fe Pres & Ph—-See A S au lt S te M arie B ridge— S ch en ectad y & D u an esb u rg — 92 ___ 67 M 73 __ 78 77 77 76 H 72 % 7.3 M R e f gold 4s 1959 o p t_____A&O 65 M 65 M 1st & cons 6s 1945 ser A ..M & S 89 88M b 5.50 5.10% 6 5.55 5.25% A tla n ta -B irm in g h a m D iv — 86 M 87 M 81 F lo rid a C en tra l & P en in su lal s t 1 g ext 5s gold 1930. . J ' 99 M 1st cons 5s gold 1943___ J 99 99 % 94 95 ‘4 93 % 94 X 94 99 M 100H 100 101M 50 50 97 100 M 101 95 S e a ttle T e rm 6s 1925-1930. 90 S tam p ed . 2d 6s gold J u ly 1 1925.. Sher S h rev & So— See M o Shrev B dg & T e r— See S t 1 Sierra R y o f C alifornia— 69 70 74 75 BONDS Bid. So C aro & G a— See S o u th ern R y S outh B ound— See Seaboard Air L So In d ia n a — See C h T H & S E So u th ern 111 & M o B ridge Co— 1st M g 4s 1951_________ M & N 73 S o u th ern P acific Co— Coll t r 4s (C P ) A ug 1 '49 J& D 84 K C onv g 4s J u n e 1 '29 op '14 M &S 96 M C onv g 5s 1934____J& D 10 W E q u ip 7s 1925-1935-- - J& D b 5% E q u ip 5s 1925-1939 (yr)_.M & N b 4.90 E q u ip tr 5s 1928-38 (yr)__J& D b 4.90 P acific F ru it Express equip 7s Ju n e 1 1925-1935 (yr) J& D b 5.10 Aus & N o r 1st 5s g i941 J& J 98 M C e n tra l Pacific— 87 % 1st ref 4s g g u a r 1 9 4 9 --F& A 1st g g u a r 4s O ct 1 1954 A&O 85 M M 3 Ms g gu Aug 1 1 9 2 9 .J& D 96 m E u ro p ean loan 4s '46 M&S m 73M G alveston H arrisb & San An— M ex & P D iv 1st 5s '31 -M &N 100 100 2d M 5s 1921 g u __ .J & J G ila Val G lobe & N o rth e rn — 1st g 5s N ov 1 1924__ M &N H o u sto n E a s t & W est T exas— 100 Vx 1st 5s g M ay 1 1 9 3 3 .-.M & N 1st gu g 5s M a r 1933--M & N 100K H o u sto n & T exas C e n tra l— 99M 1st lien g 5s 1937-- J& J W aco & N W D i v 6 s g '3 M&N 102 ____ N o r C al Ry g 5s 1929, _J&D N o R y o f C a ’ 5s g gu 1938-A&O 103 % O regon & Cal 1st 5s 1 9 2 7 ..J & J 100M S A & Ar Pass g gu 4s’43. .J & J 83 M San F ran T erm 1st 4s 1950 A&O 86 M So Pacific B r 6s 1937____A&O h im S outhern P acific R R C al— 1st con g 5s gu 1937. - M &N 103 H so m 1st re f g 4s 1955 op 1910. J& J 93 V8 So Pac C oast 1st g 4s 1 937.J& J T exas & N O con 5s 1943--J& J 96 M 92 D allas D iv 1st g 4s '30-F& A S outhern R ailw ay—101 1st consol gold 5s 1994___ J & J 75 H D evelop & gen M g 4s '5 6 -A & 0 103M D evelop & "gen 6s 1956__ A&O D evelop & gen 6 Ms 1956-A&O 108 M E q tr 6s J a n 15 ’2 6 -'3 5 -- J&.T15 b 5.40 5% E q tr 5s 1925-39 (s-a).__M & S b E q 4 Ms N ov 15 '25-’26 M &N 15 b 4.95 E q t r 4M s O ct ’25-'39 (s-a)A & 0 b 4.80 99 M E T enn reorg lien 5s 1 9 3 8 .M&S 1st M em D iv g 5s 1996 J& J 10 >M S t Louis D iv 1st g 4s 1951-J& J 86 M 70 A iken Br 1st g 4s 1998___ J& J A tla n ta & C h a rlo tte Air Line— 91M 1st M 4 Ms 1944 ser A J& J 102 M 1st M 5s 1944 ser B ___ J& J 77M A tl & D anville 1st 4s 1948 J& J 68 2d g 4s 1 9 4 8 ............... . . . J & J 76 M A tl & Y ad 1st gu g 4s 1949. A&O E T Va & G a— D iv g 5s '30 J& J 100 Consol 1st g 5s 1956-- M &N 100M 64 K G a M id 1st g 3s 1946_____A&O K noxv & O 1st g 6s 19 2 5 --J& J 100M L & N So jo in t g 4s— See L & N 98 M M o b & B irm p r lien 5s '4 5 .J& J 90 % S m a l l __ _____ ______ ____ 78 M G en M g 4s 1945_______ J& J S m a ll.. __ ____ 70M 83 M M o bile & O coll tr 4s '38 M &S R ich & D an deb 5s stp d '27 A&O 100M R ichm ond & M echlenburg— /5 • 1st g 4s N ov 1 1 9 4 8 ..-M & N So C aro & G a 1st 5 Ms '29 M&N 101 M V a M id series E 5s 1926--M&S 100 <4 97 M Series F 5s 1931............M & S 100M G eneral 5s 1936_______ M&N 97 % Va & Southw est 5s 2 0 0 3 --J& J 88 M 1st con g 5s 1958__ - A&O S & N Ala— See L ouisv & N a sh v S outh P a c C o ast— See S outh Pac S p a rta n U & C ol— See A sh & Spar 20 Spokane F alls & N o r 6s '3 9 - -J& J Spok In te rn a t 1st g 5s 1955 J& J 81M 95 S ta te L & Sulliv 4 Ms 1929-J & J S ta te n Islan d R y— See B alt & Ohio Step h env N & S Tex—-See S t L S W Suff & C arolina— See N o rf & So S u n b u ry H azleton & W -B —__ 1st 5s M ay 1 1928-- . M&N __ 2d m tge inc 6s 1938 coup M&N S u n b u ry & Lew— See Penn R R Sup Sh Line— See C St P M & Om T a m p a & Jacksonville—■ 7 1st M 5s 1949 c tf dep_ -A&O 82 T a m p a N o rth 1st 5s '36 o p .J & J T erm R R Assn (S t L ouis)— 1st gold 4M s 1 9 3 9 .. ...A & O 96 M 1st consol gold 5s 1944 -F& A 100 M 82 G en re f s f g 4s '53 op 'l p .J & J St L B r 1st g 7s 1929-- __A&0 106M S t L M er B rdge T — 5s '30 A&O 99 M M er B rdge 6s '29 op '09 F&A 101 M T erre H a u te & In d 5s 1925--J & J 100 98 T erre H a u te & Peo 5s 1942.M & S 80 Texas C ity T e rm 6s 1941 J& J26 Texas & N ew O rleans—-See So P a c T exas & O kla— See M K & T 100M Texas & P a c 1st 5s 2000 - J& D 2d inc g 5s D ec 2000_____M ar / 90 Louisv D iv 1st 5s 1931- J& J , 9 8 ^ E q tr 5s 1925-’39 M & N b 5.20 90 D enison & P a c Sub 1930 M&S W eath erfo rd M in W & N o rth — 1st guar f 5s 1930 -F& A 96 M T ex Pac-M o P ac T e rm R R —• 98 X 1st M g 5M s 1964_______ M & S Tol C an Sou & D et—-See M ich Cen T ol & Ohio C en t 1st 5s 1935 J & J 99 M W est D iv 1st 5s g 1935- -A&O 99 M 96 G eneral gold 5s 1935 __ J& D 83 S t M a ry 's D iv 4s g 1951 F&A E q t r 4 Ms 1926-27 (y r)_ .J & J b 5.10 81 M K a n a & M ich 1st 4s 1990--A&O 2d m tge gold 5s 1927-- J & J 100 E q t r 6s 1926-35 (yr) J& J15 b 5.40 90 K an aw h a & W Va 5s 1955 J & J p ric e Includes accru ed in te re st. 1fe L a s tls a le . 1 In L ondon, A sk. B o n d s a n d S to c k s . B id. Toledo P eoria & W estern— 1st gold 4s Ju ly 1 1917____J & J Toledo S t Louis & W estern— P rio r lien g 3 Ms J u ly 1 '2 5 .J & J 1st gold 4s Apr 1 1950____A&O 77 M Tol T erm 1st 4 Ms '57 g u __ M & N Tol W alh Val & O— See Penn R R 87 97 T o ro n to H am ilton & B uffalo— 101 1st gold 4s J u n e 1 1946__ J& D 4.80% U lster & Del cons 5s 1 9 2 8 --J& D 1st re f gold 4s 1952______ A&O 4.70% 4.70% U nion Pacific— 1st ry & land gr 4s g 1 9 4 7 ..J & J C onv 4s 1927_____________J & J 4.85% 1st & re f 4s Ju n e 2008___ M &S 1st & re f 5s Ju n e 2 2008--M & S 88 10-year 6s Ju ly 1928_____J& J E q tr 4M s 1928-38 (yr)-_M & N 86 M E q 4 Ms M ar 15 '29-'39.M & S15 E q u ip tr 5s 1927-37 (yr)_.M & S 74 M E q u ip tr 7s 1925-35 ( y r ) ..J & D R R & N a v — See O re-W ash 100M __ Ore Ore S h o rt Line 1st 5s 1946.J & J 1st cons g u a r 5s 1946__ J& J Ref g gu 4s '29 o p t '0 7 . .J& D U ta h & N o rth e rn — ____ 1st 7s '08 e x t a t 4% to '3 3 -J& J Consol gold 5s 1926___ J & J U nion T erm in al Co (D allas)— ____ 1st g 5s 1942 o p t 1922___ A&O ____ U nited N J R R & C anal C j — ____ G eneral gold 4s 1929_____ M &S ____ G eneral gold 4s 1944_____ M&S G en 1st g 3 Ms M ar 1 '51 -M&S 100M 81 U pper C >os— See M ain e C en tral 87 X U ta h & N o rth e rn — See U nion Pac U tica C lin & Bing— See Del & H V andalia R R — ___ Cong 4s 1955 series A ____ F&A 90 H Series B 1957................... M & N V era C ruz & Pacific R R — 1st gold 4 Ms 1934 o p t_____J & J / 98 M Ju ly 1914 coupon o n ________ / 93 1st gold 4 Ms 1934 a sse n tin g ----/ 101M V erdig Val In d & W est— See M o P V erm ont Vail Is t4 Ms 1940--A & O 76 104M V icksburg S h rev ep o rt & Pacific— P r lion 6s ' 15 ext 5% '4 0 . -M & N 108M 5.10% G en 5s M ay 1 1941_____M&N R ef & im pt 6s 1973 ser A .M & N 4.80% 4.75% V irginia M id la n d — See S outh R y 4% Va & S outhw est— See S outh R y ____ V irginian R ailw ay— ____ 1st M gold 5s 1962 o p t __ M&N ____ E q 6 s A O ct'25-A pr'30(s-a) A&O W abash— 1st gold 5s 1 9 3 9 .-M &N 1 2d gold 5s 1 9 3 9 ...................F&A D eb m tge 6s series B 1939. J & J 96 M 1st lien te rm gold 4s 1 9 5 4 .-J& J 102 R ef & gen 5 Ms 1975 A ___ M'eS 78 H 6% n o te s 1930__________M&S 68 M E q tr 6s 1926-35 (y e a r). .J & J 15 77 H D e t & C hic ext 1st g 5s ’4 1 .J & J ___ D es M D iv 1st g 4s 1 9 3 9 ..J & J Toledo & C hic 4s g 1 9 4 1 .-M&S 65 M ____ O m aha D iv 1st 3 Ms g ’41 .A& O W aco & N W— See H ous & T ex C ____ W arren R R — See D L & W ___ W ash & C olum R iv 4s 1 9 3 5 .-J & J 79 W ashington C en t— See N or P ac 76 Vx W ash Co R y — See M aine C en tra l 84 M W ash T e rm Co— 3 Ms 19 4 5 --F& A 1st gold 4s 1945 g u a r____ F&A 100M W e a th 'd M in W & N — See Tex& P — W est Jersey & Sea Shore— 102 Consol gold 4s 1936------- J & J ____ C ons 3 Ms g series B 1936--J & J ____ W est M ary la n d 4s 1952------ A&O ____ 5% gold notes 1915 o p t— J & J ___ B a lt & H arris g 5s 1936--M & N 1st M W est E xt g 5s '38 M&N 89 W est N Y & P e n n a 5s 19 3 7 --J & J G en m tge gold 4s 1943— A&O Incom e g 5s A pr 1943 — N ov 1 ____ W estern Pacific R R C o rp — 1st M 5s 1946 series A ___ M&S 85 1st M 6s 1946 series B ____M&S 97 4% notes 1930___________A&O E q t r 5 Ms 1925-38 (y r )..J & D W estern P a — 1st g 4s 1928--J& D W est R y o f Ala— 4 Ms 1918 3 x t a t __ 6% to O ct 1 1928________ A&O __ W est Shore— See N Y C & H R R R W est Side B e lt— See P itts T e rm W est Va & P itts b — See B & O W heeling & L ake E rie R R — 15 1st consol gold 4s 1949__ M &S R ef M 4 Ms series A 1966-M & S 85 E q t r 4s 1926-27 (y e a r)— A&O L E rie D iv 1st g 5s 1 9 2 6 .-A&O 97 M 101 W heeling D iv 1st g 5s '2 8 .J & J 83 E x ten & im p t g 5s 1930—F&A 6% n o te s J a n 1933___________ 107 M 100M W heeling T e rm 4s 1940--------F&A __ W ichita F a lls & N o rth w e stern — 1st 5s J a n 1939__________ J & J 100M 1st & re f g 5s 1940 o p t------J& J 100 W ichita U nion T erm inal R y — 84 1st g gu 4M s 1941 o p t----M & N W ilkes-B & E a s t— See N Y S & W 100M W illiam sport & N B ra n ch R R — 1st re f g tld 4M s 1931_____ J & J / 100 99 M W il m ar & S Falls— See S t P M & M 5% W il & N or— See P h ila & R eading Wil & W eldon— See Atl C o ast L 95 W inston-S alem S o u th b o u n d — __ 1st gold guar 4s 1960------- J& J W inston-Salem T e rm in al Co— 1st M gold 5s 1966-----------A&O 98 M W is C en t R y— 1st M g 4s '4 9 .J& J __ 1st & ref 4s 1959-------- ..A & O 5M % 8 n o te s A pr 15 '27A & 015 100 M arsh field & S outh E a s t D iv 100 p u r m on 1st g 4s 1951--M & N 85 M Sup & D ul D iv 4s 1936— M&N 4.75% M in n ea p T e rm 3M s'50 o p t.J & J 84 % 100M W orN ach& R och— 4s J a n ’3 0 -J & J 4s O ct 1 1934------------------- A&O 5.15% Y osem ite V ail s f g 5s 1 9 3 6 --J & J 92 m D ollars p e r 500 fran cs o r £ 2 0 . n N om in al, A sk. 25M 30 99 X 84 M 89 99 M 84 M 90 84 M 90 M 51 85 91M 51K 92 M 99 85 H 106 103M 4.75 4.80 4.75 5% 93 99 H 86 M 106M 103M 4.50% 4.50% 4.50% 4.80% 105 H 110 105 H 106 96 Va 97 93 M 100M 98 H 101 99 M 96 M 92 M 81 86 % 20 67 99 M 96 103 100 M 97 M 97 M 5.15 4.90% 101 100M 96 95 % 83~ ' 96 M 100.73 5.50" 5.25% 100 101 M 84 K 82 % 85 M 84 M 76m 75 M 79M 96 85 90 81M 89 81M 92 89 63 M 64 M 100 80 35M 80 M 46 94 93 93 H 102 M 103 91M 90 M 5.45 5.15% 98 M 97 M 73 H 67 M 5.25 101M 99 M 97 M 98 M 88 M 74 X 69 Vs 5% 166" i6 5 ”“ 89 M 115 90 91M 93 70 82 X 83 M 80 M 75 M 100 Va 80 M 76M 101X 70 84 X 60 75 70 s Sale price. A pril, 1925.] RAILROAD STOCKS—LAND BANK BONDS AND STOCKS 36 N o VICE.—All bond prices are “ and in te rest” except where marked ‘T* and incom e and d efaulted bonds. S to c k s . B id . R A IL R O A D S T O C K S . Par 65 A la G reat S outh ern c o m _______50 66 P r e fe r r e d ____________________ 50 A lab am a & V ick sb u rg________ 100 198 A lb an y & S usq u eh ann a (guar) 100 201 A llegh en y & W est (g u a r)______lOO 105 22 A nn A rbor co m m o n __________ lOO P r e fe r r e d ___________________ 100 40*4 A tch T op & S a n ta F e _________ 100 118*4 94 P r e fe r r e d ___________________ 100 A tla n ta B irm & A tla n tic ______100 514 172 A tla n & C har Air L (g u a r)____ 100 150 A tla n ta & W est P o in t ________ 100 A tla n tic C o a st L C o o f C o n n .. 50 158 A tla n tic C o a st L R R c o m ____ 100 151 l 8) A tla n tic 1st leased lines r e n t t r . 96 A u g u sta & S avan n ah ( g u a r ) .. 100 B a lt & O hio— C o m m o n _______ 100 72 )4 P r e fe r r e d ___________________ 100 63 B an gor A roostook c o m m o n ____ 50 36 54 P r e fe r r e d ___________________ 100 8 8 )4 B eech C reek (guar N Y C ) . . : . 50 38 B oston & A lb (guar N Y C ) ___ 100 156 B o sto n & M a in e ______________ 100 15 18 P r e fe r r e d ___________________ 100 21 1st preferred A ____________ 100 1st preferred B ____________ 100 35 31 1st preferred C ____________ 100 45 1st preferred D ____________ 100 1st prof E _______ 100 25 B o s t & Prov (guar O ld C o l) ___ 100 B o sto n R ev B ea c h & L y n n ___ 100 73 B ru n sw ick T er & R y S ec C o . . 100 3 )4 B u ffa lo R och & P ittsb u r g h ___ 100 45 P r e fe r r e d ___________________ 100 8 8 )4 9 ) B u ff & S usq R R C o rp _________ 100 P r e fe r r e d ___________________ 100 51 )4 26 C am d en & Burl C o (g u a r )_____ 25 C an ad a S o u th er n _____________ 100 57 )4 141 C an ad ian P a c ific ______________ 100 d 77 C aro C iin ch field & O hio c o m . .1 0 0 75 95 P r e fe r r e d ___________________ 100) O atavvissa R R — 1st p ref (guar) 50 d 43 2d p ref (guar P & R ) _________ 50 d 43 C a y u g a & Susq (gu D L & W ) . 30 d 46 C en tral o f N e w J e r se y ________ 100 265 C h esap eak e & O h io ____________100 91 6 34 % cu m p ref Ser A _______ 100 106)4 C h icago & A lton R R _________ 100 6 )4 C ertifica tes o f d e p o s it_____ 5 P r e fe r r e d ___________________ 100 11 4 _____ C ertifica tes o f d e p o s it___ 184 C h icago B url & Q u in c y ______ 100 C hic & E a st I llin o is c o m m o n . 100 3 >34 42 P r e fe r r e d ___________________ 100 C h icago G reat W est c o m _____ 100 9)4 P r e fe r r e d ___________________ 100 21 )4 66 C h ic In d & L ou isv c o m m o n ___100 P r e fe r r e d ___________________ 100 60 C h icago M ilw & S t P a u l_____ 100 5 34 P r e fe r r e d ___________________ 100 9!4 C h icago & N o r th W e s te r n ___100 54 34 P r e fe r r e d ___________________ 100 110 C hic R I & P a c ific c o m m o n ___100 42 93 7% p referred _______________ 100 6% p referred _______________ 100 84 39 C h icago S t Pau l M in n & O ___100 80 P r e fe r r e d ___________________ 100 C in e In d ian ap & W e s te r n ____ 100 1134 21 P r e fe r r e d ___________________ 100 C in e N ew Orl & T ex a s P a c ific . 100 P r e fe r r e d ___________________100 102)4 C in e S an d u sk y & C lev e p r e f .. 50 d 57 C lev e C in e C h icago & S t L ___100 140 P r e fe r r e d ___________________ 100 95 C le v e & P itts (guar P a R R ) . . 50 d 69 )4 B e tte r m ’t stk (guar Pa R R ) 50 d 40 C olorad o & S o u th er n _________ 100 5434 1st p referred _______________ 100 60 2d p referred ________________ 100 55 C o lu m b u s & X e n ia (g u a r )____ 50 88 C on n & P a ssu m p sic p ref (g u ).1 0 0 74 2 C rip p le C reek C e n tr a l________ 100 P r e fe r r e d ______________________ 15 85 C u b a R R p referred ___________ 100 D a y to n & M ich co m (g u a r )___50 35 Preferred (gu ar C H & D ) _ . 50 .8 4 158 D ela w a re & B o u n d B r (guar).lO O D ela w a re & H u d s o n __________ 100 13 i 34 D ela w a re L ack & W estern ___50 129)4 D e la w a r e ______________________ 25 d 39 D e n v & R io Gr W pref t e m p . . 100 3834 D e tr o it H ills & S W (g u a r )___100 76 40 D e tr o it & M a c k in a c __________ 100 60 P r e fe iT e d ___________________ 100 2 D u lu th S o u th Shore & A t l____ 100 4 P r e fe r r e d ___________________ 100 58 E a s t P e n n a (guar P & R ) _____ 50 d E lm ira & W ’m sp o r t (g u a r )___50 d 40 P referred (guar N o r C e n t ) . 50 52 E rie— C o m m o n _______________ 100 2 7 )4 1 st preferred _______________ 100 3 6 )4 2 d p referred ________________ 100 35 *4 E rie & K alam azoo (g u a r )_____ 50 d 75 E rie & P itts (guar P a R R ) ____ 50 d 60 F o n d a J oh n s & G lo v c o m ____ 100 11 25 F t D o d g e D es M & So c o m ___100 76 P r e fe r r e d ___________________100 103 F t W a y n e & Jack p ref Cguar) .1 0 0 G eorgia R R & B a n k C o ( ; l ) . . 100 200 39 G eorgia S ou th ern & F l o r id a ..1 0 0 80 1 s t j r o i i r r j l _______________ 100 75 2 d oraf i»i»3d________________ 100 G r ea t N o rth ern R y — P r e f____ 100 6 2 )4 O re c e r tific a te s ______ (no p a r ) 33 72 G reen B a y & W estern ________ 100 G u lf M o b ile & N o r th c o m ____ 100 23 )4 P r e fe r r e d __________ ■._______100 8 9 )4 18 H a r tfo rd & C on n W estern ____ 100 92 H o c k in g V a lle y — C o m m o n ___100 H u d so n & M a n h a tta n ________ 100 25 )4 P r e fe r r e d ___________________ 100 64)4 H u n tin g d & B ro a d T o p v t c __50 d P referred v t c _______________ 50 d _____ Illin o is C e n tr a l_______________ 100 111 112 N o n -c u m u l 6% p ref Ser A . .1 0 0 L ea sed lin e s (g u a r )_________ 100 74 S tk tr c tfs — S ee R R S ecu rs C o . I n t & G reat N o r th R y v t c ___100 S to c k s . A sk. 66 )4 68 205 23 44 118)4 95 534 175 155 160 15 >4 85 99 73*4 6 <34 37 94 39 )4 156 1534 25 37 33 49 — '7 8 5 5134 8 9 >4 105 53 29 141 )4 79 78 44 44 48 270 9134 107 64 10 12*4 1834 188 31 43 10 2134 69 64 6 9 )4 55 111 42 4 91 85 40 4 90 13 24 105" 60 160 704 41 56 34 63 57 92 5 20 87 38 87 160 135 129 4 40 40 78 __ 334 6 60 42 56 2 8 )4 37 34 3634 78 62 14 26 80 106 204 46 82 80 62)4 33 34 80 24 92 20 96 26 66 112)4 117 76 P ar. In te r n a t R y s (C en t A m ) c o m . 100 P r eferred ___________________ 100 Io w a C e n tr a l__________________100 J o lie t & C h ic (guar C & A ) ___100 K a l A llegan & Gr R a p ( g u )___100 K C F t S c o tt & M e m p h is R y — P r ef C e n t Tr c t f d ep stp d -.lO O K C S t L & C hic— P r ef ( g u ) ..1 0 0 K an sas C ity S o u th er n ________ 100 P referred ___________________ 100 K eo k u k & D e s M o in e s ________ 100 P r eferred ___________________ 100 L ack aw an n a R R o f N J _____ 100 L eh igh V a lle y _________________ 50 P referred ____________________ 50 L ittle M ia m i orig in a l g u a r___50 S pec guar b e tterm e n t s t k . . 50 L it S ch uyl N a v R R & C o a l (gu) 50 L on g Islan d R R _______________ 50 L ou is & M o R iv p ref ( g u a r ) ..1 0 0 L o u isv H end & S t L c o m ____ 100 P referred ___________________ 100 L o u isv ille & N a s h v ille ________ 100 M a h o n in g C oal R R ___________ 50 P ref (guar L S & M S ) _____ 50 M a in e C en tra l____ ____________ 100 P referred ___________________ 100 M ich ig a n C e n tr a l_____________ 100 M in e h ill & S ch u y l H a v ( g u ) - - 50 M in n ea p o lis & S t L o u is______ 100 M in n ea p o lis S t P & S S M ___100 P referred ___________________ 100 4% leased line c t f s . . ______100 M ississip p i C en tra l____________100 M o -K a n -T e x R R c o m . . ( n o par) P referred ___________________ 100 M issou ri P a cific c o m _________ 100 P referred ___________________ 100 M o b ile & B irm p ref (g u a r )____ 100 M o b ile & O h io— See S o u th ern R y M orris & E ssex (g u a r )______ 50 N a sh v C h a tt & S t L o u is_____ 100 N a sh v & D eca tu r (gu L & N ) . 25 N a tio n a l R y s o f M e x 1st p r e f . 100 S econ d p referred ____________100 N e w L on d on N o r th e r n _______ 100 N e w O rleans G reat N o r th ____ 100 N e w Orl T ex a s & M e x ic o ____ 100 N Y B kln & M a n B p r e f ( g u ) .1 0 0 N e w Y ork C en tra l R R ____ . . 1 0 0 D iv id en d p a y a b le in L o n d o n .. N Y C h ic & S t L o u is__________ 100 6% p referred _______________ 100 N Y & H arlem co m & p f ( g u ) . 50 N Y L ack & W est (g u a r )____ 100 N Y N e w H a v en & H a r tf____ 100 N Y O ntario & W estern _____ 100 N o rfo lk S o u th er n _____________ 100 N o rfo lk & W estern R y ______ 100 A d ju stm en t p referred _____ 100 N o C arolina (guar So R R ) ___100 N o rth ern C en t (guar P a R R ) . 50 N o r th ’n N H (guar B & M ) . . 1 0 0 N orth ern P a c ific R y _________ 100 N o r th R R o f N J (guar E r ie ) . 100 N o rth ern S ecu rities C o s t u b s ___ N o r th P e n n sy lv (gu P & R )__ 50 O gden M in e R R (g u G en N J )_ 1 0 0 O ld C olon y (gu N Y N H & H )_ _ 1 0 0 O n tario & Q u eb ec_____________ 100 O sw ego & S yrac (gu D L & W ) 50 P a c C o a st C o— See M isc S to ck s P e n n sy lv a n ia R R ______________ 50 Peoria & B u reau V al ( g u a r ) ..1 0 0 P eoria & E a s te r n _____________ 100 P ere M a r q u ette R y __________ 100 P r eferr ed ___________________ 100 Prior p referred _____________ 100 P h ila G erm & N o rris ( g u a r ) .. 50 P h ila & T ren to n (gu Pa R R ) .1 0 0 P ied m o u t & N o r th e r n ________ 100 P ittsb u rg h B ess & L ak e E r ie __50 P referred ____________________ 50 P itts C in e C h ic & S t L o u is___100 P itts F t W & C h ic co m ( g u ) ..1 0 0 Preferred (guar P e n n R R )_ _ 1 0 0 P ittsb u rg h & L ak e E rie ________ 50 P ittsb M c K & Y o u g h (g u a r )__50 P ittsb & W est V a c o m m o n ___100 P itts Y o u n g st & A sh t p ref___100 P rov & W orcester (g u a r )_____ 100 R ailroad S ecu rities C o— 4% 111 C en t s tk c t f 1 9 5 2 ...1 0 0 0 R ea d in g C o m p a n y _____________50 R ig h ts __________________________ 1st preferred ________________ 50 2d p referred _________________ 50 R en sselaer & S a ra to g a ( g u a r ) .100 R ich F red & P o t o m — C o m ___100 D iv id e n d o b lig a tio n s _______100 6% g u a ra n teed _____________ 100 7% g u a ra n teed _____________ 100 R o ch & G en esee V al R R _____ 100 R o m e & C lin to n (gu D & H )_ _ 1 0 0 R u tla n d p referred _____________ 100 S t Josep h & G rand I s la n d ___lOO 1st preferred _______________ 100 2d p referred ________________ 100 S t L ou is B rid g e 1 st p r e f_______ 100 2d p referred ________________ 100 S t L ou is-S an F ra n cisco R y ___100 P r ef sto ck series A _________ lOO S t L ou is S o u th w estern ________ 100 P referred ___________________ 100 S aratoga & S ch en ecta d y (gu) .1 0 0 S eab oard A ir L in e co m m o n ___lOO P r eferred ___________________ 100 S h a r o n _________________________ 50 S ou th ern P a c ific C o __________ 100 S ou th ern R y c o m m o n ________ 100 P r eferred ___________________ 100 M o b & O hio s tk tr ctfs d e p .1 0 0 S o u th w estern o f G a (g u a r )___100 T ex a s & P a c ific _______________ 100 T r o y & G r’b u sh (gu N Y C ) __50 T u n n e l R R o f S t L o u is______ 100 U n io n P a c ific — C o m m o n _____ 100 P r eferr ed ____ ______________ 100 B id . A sk. 18 34 5814 2 126 105 70 95 304 56 d d d d d 794 704 80 90 40 41 95" 80 65 107 d 850 d 50 25 72 500 d 52 24 30 46 60 22 d 3 134 7734 32 34 7334 71 d 78 141 37 3 2 124 7 119 120 11634 d ld l2 2 124 8034 d 170 100 29 21 22 34 12634 7834 136 d 7734 72 6134 63 d 114 81 d 80 100 M120 d 88 4434 114 13 63 6834 76 d 124 205 5334 d 29 d 58 d 127 34 14034 d 162 d 51 64 140 135 72 72 1734 36 3734 120 215 215 215 215 95 94 4334 109 54 6434 78 4534 7034 94 22 3634 41 10034 84 8334 7234 99 50 d 56 110 13834 7434 S to c k s P a r. STO CK S B an k e rs o f M ilw aukee 1 0 % -.1 0 0 C hicago 1 0 % ________________ 100 D allas 1 0 % . . . ............................. 100 D es M oines 9 % ______________ lOO F r eem o n t 9 % ____________________ b B asis, d P rice p e r sh are, n o t p er c en t. z E x -d iv id en d , y E x -rig h ts. / F la t p rice, it L a s t sale. I In L ondon, B id . U n ited N J R R & C anal (g u ).lO O 20034 117 U tic a C hen & Susq V al ( g u ).1 0 0 39 U tic a C lin to n & B in g h a m to n . 100 98 V a lley R R ( N Y ) (g u a r)_____ 100 V erm o n t & M a ss ( g u a r ) . . _ . . 1 0 0 88 V icksb S h rev ep & P a c c o m ___100 x 83 P r e fe r r e d ___________________ 100 x 86 92 V irginian R a ilw a y ____________100 100 2034 3034 W ab ash R a ilw a y ______________ 100 62 P referred A ________________ 100 59 40 Preferred B ________________ 100 W arren N J (guar D L & W ) . . 5 0 6834 W estern M a r y la n d R y c o m . . 100 81 1134 72 63 1st preferred _______________ 100 2d p refer red ________________ 100 90 1634 W estern P a c ific R R C o rp ____ 100 38 92 88 P r e fe r r e d ___________________ 100 42 36 W est J er sey & Sea Sh— C o m . .5 0 43 W h eelin g & L a k e E rie R y ____ lOO 1134 23 P r e fe r r e d ___________________ 1O0 lO O " W isco n sin C e n tr a l____________100 90 C e rtifica tes o f d e p o sit_____ 100 73 108 900 JO IN T S T O C K L A N D BA N K B 52 10014 A gricu ltu ra l— 5s '53 o p '3 3 .M & N 30 100*4 A tla n ta — 5s 1952 o p 1 9 3 2 . . J& D 6 0 0 " A tla n tic — 5s 1953 o p 1 9 3 3 ..M & S 100*4 5s 1952 o p t 1 9 3 2 _______________ 53 10014 5s 1954 op 1 9 3 4___________ J& J 10014 2 34 35 B a n k ers— 5s '53 op '2 8 ____J& J 10014 5s M a y 1952 op 1 9 3 2 ____ M & N 50 102*4 100*54 C alifornia— 5 s 1951 o p 1 9 3 1 _____ 61 C en tral 111— 5s '53 o p ' 3 3 . . .J & D 10114 25 5s J u ly 1 1953 o p 1 9 3 3 . . .J & J 1014 3034 C entral Iow a— 5s A pr 1 9 5 3 _____ 102 78 5s M a y 1 1942 op 1 9 2 7 . .M & N 100 32 34 99 4 34s N o v 1 '52 op '3 2 ____ M & N 74 C h icago J o in t— 5 3 4 s '51 o p '31 . . 104 73 5s 1951 o f 1 9 3 1 __________ M & N 10214 5s 1952 op 1 9 3 2 __________ M & N 10214 79 5s 1963 op 1 9 3 3 ........................... 10214 150 4 34s 1952 op 1 9 3 2 _______ M & N 10114 39 4 34s 1963 o p 1 9 3 3 ______ M & N 10114 5 4 34s 1952 op 1 9 3 2 ................ 9914 234 4 34 s 1964 o p t 1 9 3 4 ______ M & N 128 lOfiu C o lo -W y o 5s '53 op '3 3 ___-.A & O 9 102 11934 C o lu m b u s 5s 1955 o p t I 9 3 4 ..J Q J D a lla s — 5s 1953 op 1 9 3 3 . . -M & S 125 10114 5s 1954 o p t 1 9 3 4 ....................... 10114 11634 5 34s 1951 op 1 9 3 1 ...................... 102 124 D a y to n -A g ricu ltu ra l— 125 5s 1954 op 1 9 3 4 ..................... .J & J 101 90 101 D a y to n — 1952 o p t 1 9 3 2 ____ J& D 174 D enV er— 5s 1954 o p t 1 9 3 4 ____ 10114 101*4 2934 D e s M o in es— 5s 1952 o p t 1 9 3 2 . 102 5s 1963 o p t 1 9 3 3 ........................ 2134 F irst C arolinas— 5 s'52op '32_M & N 23 10014 10 0 *4 5 s 1954 o p t 1 9 3 4 ________ A&O 127 5 s 1955 o p t 1 9 3 5 _________ F&A 80 1014 10014 F irst o f C h e y — 5 s ’52 o p ’3 2 M & N 140 F irst o f C lev — 5s '53 op '3 3 .M & N 101 F ir st o f M in n — 5s '51 o p '31 M & N 74 100 J4 5s 1952 o p t 1 9 2 7 ..............'.M & N 100J4 6134 5s 1952 o p t 1 9 3 2 ________ M & N 101 66 5s 1953 o p t 1 9 3 3 ________ M & N 101 118 F irst o f M o n tg o m ery 5s '54 op '34 82 10014 F irst N e w Orl 5s '44 op '34 M & N 84 F irst T ex a s— 5s '42 o p t '32.M & N 100 102 100 5s 1943 o p t 1 9 3 3 ________ M&N 125 99 F letch er 4 34s 1954 o p t 1 9 3 4 _____ 90 F rem o n t—-5s 1953 o p t '3 3 -J & D 10114 5s 1952 o p t 1 9 3 2 ________ M&N 101 45 G r e e n sb o r o (N C )5 s’53 op '33 A&O 116 99*54 I ll-M id w e st— 5s '53 op '3 3 .A & 0 16 10114 5s 1954 o p t 1 9 3 4 ________ J & D 64 10214 K a n sa s C ity — 5s '52 op '32.M & N 102 70 102 5 s 1953 o p t 1 9 2 3 ________ M&N 79 5 s 1954 o p t 1 9 3 4 _______________ 10214 126 102)4 5s 1964 o p t 1 9 3 4 ________ M&N 215 5s 1964 o p t 1 9 3 4 _________ M & N 55 102)4 101*4 §Q)4 K e n tu c k y — 5s '52 o p t '3 2 ___M&N 5s 1943 o p t 1 9 2 8 _________ _____ 60 10014 102 5s 1954 o p t 1 9 3 4 ________ J&J 102 L ib er ty C en t— 5s '52 o p '3 2 .M & N 102 5 s 1953 o p t 1 9 3 3_______________ 14134 102 L in co ln — 5s 1951 o p t 1 9 3 1 ______ 165 5s 1943 o p t 1 9 2 8 _______M&N 54 10014 5 s 1942 o p t 1 9 2 7 _______M&N 10014 6434 101 M 142 34 L o u isv ille— 5s 1952 o p t 1 9 3 2 ____ N e w Y ork 5s 1953 o p t 1 933_____ 10214 137 102 N Y & N J 5s 1953 o p t '3 3 ..J & D 5 s 1954 o p t 1 9 3 4 _________ M & N 73 102)4 103 7234 N Y & P a — 5s '53 o p t ’3 3 ___J&J 101) 4 1834 N o Caro— 5 s '53 o p t '3 3 ____ M&S 5 s 1952 o p t 1 9 3 2 ______ M & N 37 101*4 5s 1955 o p t 1 9 3 5 _______ F& A 10114 3734 O hio— 5s M a y 1953 o p t 1 9 3 3 ___ 100 123 O h io -P en n a 5s 1954 o p t 1 9 3 4 . J& J 101 100)4 2 2 5 " O re-W ash— 5s '52 o p t '3 2 . .M & N P a c ific C o a st J t S tk L an d B k — P o r tla n d , Ore— 5 s ’5 3 o p ’33 J& J 102) 4 10214 5s 1954 o p t 1 9 3 4 _____ M & N 100 L o s A n g eles— 5s '53 o p '33 J& J 101 99 S an Fran — 5s '53 o p t '3 3 ___J& J 101 47 S a lt L a k e C— 5 s '53 o p '3 3 .J& J 101 P e n n sy lv a n ia 1955 o p t 1 9 3 5 . F&A 10114 P o to m a c 5s 1954 o p t 1 9 3 4 .. J & D 101 S t L ou is— 5s 1953 o p t ' 3 3 . -J & D 111 10214 10214 5s 1952 o p t 1 9 3 2 . . .........M & N 56 5 s 1943 o p t 1 9 2 8 _______ J & D 100 6434 5s 1955 o p t 1 9 3 5 __________ M & S 80 10214 9914 4534 S an A n to n io 5 s 1939 o p '2 4 .M & N 5s 1953 o p t 1 9 3 3 _______ M & N 71 100)4 5 s 1953 o p t 1 9 3 3 ............. M & N 101 99 5s 1954 o p t 1 9 3 4 _________ M & N 2234 San Fran 5s 1954 o p t 1 9 3 4 ______ lo i" 37 S iou x C ity — 5 3 4 s '51 op '31 M & N 44 10214 10034 S o u th M in n — 5s '53 op '3 3 -M & N 101*4 5s 1952 o p t 1 9 3 2 ................ M & N 10114 8434 5 s 1954 o p t 1 9 3 4 _______________ 102 85 7434 U n io n (K e n tu c k y & T e n n e sse e )— 5s 1952 o p t 1 9 3 2 _______M & N 101 10014 101 5034 V irginia-C aro 5s '54 o p t '3 4 .F & A V irginian — 5 s '53 o p t '3 3 ..M & N 62 100*4 5 s N o v 1 1951 o p t 1 9 3 1 ..M & N 112 101 W ic h ita — 5s 1953 o p t 1 9 3 3 ____ 101 139 5 s 1952 o p t 1 9 3 2 ........................ 101 75 1834 60 34 334 130 109 145 150 143 135 124 146 129 125 123 135 A sk. 202 119' 41 100 8431 88 100 2034 6234 41 3* 70 1134 66 1734 39 89 38 1134 2334 10214 10214 10214 102 102 102 155 160 153 140 130 1534* 132 K a n sa s C ity 1 0 % ____________ 100 L incoln 9 % _________________ 100 N ew Y o rk ............ ................ 100 S t L o u is_____________________ 127'' S o u th M in n eso ta 9 % ________ 100 140 V ir g in ia _______________________ 5 74 d74 n N om in al, s Sale price, t N ew sto ck , u E x -sto c k d iv id e n d . 36 PUBLIC UTILITIES (In c lu d e s s tr e e t an d ele c tr ic r a ilw a y s, g a s, e le c tr ic , p o w er, w a ter an d teleg ra p h a n d te le p h o n e co m p a n ies.) N O T IC E .— A ll b o n d p r ic e s a r e “ a n d i n t e r e s t B o n d s. B id . A d iron d ack E le c P ow er C orp 1st M g o ld 5s 1962 o p t ____ J& J 98 A d iro n d a ck P & L 1st 6 s ’50 M&S 104% D e b 5 s 1 9 3 0 _______________ J& J 93 C o n v d eb 6s 1 9 2 9 ________ A&O 101% A lab am a P o w er 1st 5 s 1946-M & S 97% 1 st M 1 & r e f 6 s 1 9 5 1 _____ J & D 103 1st & re f 5 s 1 9 5 1 __________ J& D 94% A la b a m a T r L & P 1st 5s '62 M&S 87% A la b a m a W a ter 1st 6s 1 9 3 2 .J & J 97 1st r e f 6 s 1 9 4 7 ___________ J& J 94% A lb a n y R y — S ee U n ite d T rac. A lb a n y S ou R R 1st 5s 1 9 3 9 -M & S 90 A lle g B e lle v & P —-See P h ila C o A lt G & S t L T r— S ee E S t L & S b A lto o n a & L ogan V al E le c R y — C o n g 4% s 1933 g u ____F& A 15 83 A m erican G as d eb 6 s 2 0 1 6 .-J& J 103% C o n v g 7s Jan 15 1 9 2 8 --J & J 1 5 190 10-year 7s 1 9 3 4 ___________ J& J 104 A m G as & E i c o ll 5s 2 0 0 7 - - .F & A 91 D e b g o ld 6 s 2 0 1 4 _________ M & N 96% A m P o w & L d eb 6s 2 0 1 6 ---M & S 95 A m er P u b S erv 6 s 1 9 4 2 ____ J& D A m er R y s co ll tr 5s 19 3 1 ____ F& A 98 C o ll tr u s t 5s 19 2 7 _____________ 101% A m er T elep & T eleg 4 s 1 9 2 9 -J& J 96% C o n v g 4 s '36 c o n v a ft '09.M & S 90% C o n v 4% s ’33 o p a ft '2 5 --M & S C o ll tr u s t 5s 1 9 4 6 ________J& D 100% D e b s f 5s 1 9 6 0 ___________ J& J 94% D e b 5% s N o v 1 1 9 4 3 -— M & N 101% A m er W W & E l 5 s 1 9 3 4 . . -A & O 95% A m ericu s L tg 1st s f 6s '3 7 -A& O 83 A n a & P o t R R R —-See W R y& E l A p p a la c h ia n P ow er 5s 1 9 4 1 -J & D 97 7% go ld b on d s A ug 1 '3 6 -F & A 105 D e b g o ld 6s 2 0 2 4 _________ J& J 92% A rizon a P o w 6 s '33 o p t '1 3 -M & N 99 A rk a n sa s L & P 1st 6s '4 5 - - A & 0 103 1 st lien & r e f 6 s 19 5 4 _____ M&S 96 A rd m ore S t R y — S ee P h ila C o A sh e v ille (N C ) P o w & L ig h t—98% 1st s f g 5s 1942 o p t ______ A&O A sh la n d (W is) L , P o w & S t R y 1st M g o ld 5s 1 9 3 9 ________J& J 91% A sh ta b u la W ater S u p p ly Co 92 1st 5s 1 9 3 7 _______________ J & D A sso cia ted G as & E le c C o— 100 S ec g 6 % s c o n v ser 1 9 5 4 --J& J A tc h iso n R y , L ig h t & P o w er— 87 1st 5 s N o v 1 9 3 5 ________ M & N A th e n s (G a) R y & E le ctric— 82 1st & re f s f g 5 s '50 o p t '15 J& J 99% A th e n s E le c R y 6 s 1 9 3 1 --A & O A tl C on s S t R R —-See G a R y & E l 98% A tla n ta G a s L 5s g 1 9 4 7 ____ J & D A tla n ta N o r R y — S ee G a R y & E l A tla n tic A v e R R — See B k n R T 98% A tla n tic C ity E l 5s 1 9 3 8 - - -M & S 98% 1st & r e f 5% s 1 9 5 4 _____ M & N A tla n tic C ity (N J) G as— 85% 1 st g 5s Jan 1 '60 o p t ' 2 0 - -J& J A u b u rn & S y ra cu se E le c R R — 27 1st & r e f g 5 s '42 o p t '1 2 - - A & 0 A u g u sta -A ik e n R y & E l C orp—• 75 S in k fd g 5s D e c 1 '35 o p t .J & D 90 A u g u sta R y & E l 5s ' 4 0 - -J & D A urora E lg in & C h icago R R —1 s t & r e f g 5s 1946 o p t ____ J& J 81% A E & C R y 1st g 5 s '41 - A&O 15 99% A u s tin G L 5s O ct 1 1 9 2 5 -- - Q - J B a lt & A n n S L —-S ee M d E l R y 100 B a lt E le c 1 st g 5 s 1947 g u .-J & D B Sp P t & C h es— S ee U n R y & E l B a lt T r a c tio n — See U n R y & El 99 B a n g o r (M e) P o w 5s 1 9 3 1 --M & S 95 B a n g o r R y & E l 1st 5s ' 3 5 - -J& J B a r H arb or & U n R iv er Pr C o—93 1 st & r e f g 5 s 1 9 3 5 _______ M & S 100 B a y C o u n tie s P o w 5s 1 9 3 0 --M & S 97 B e a u m o n t G L 6s 1 9 4 4 _____ J& D 45 B e a v e r V al T r g en g 5s '5 3 -M & N B e ll T ele p h o n e o f C an ad a— 98 1 s t g 5 s 1955 ser A ________M&S B e ll T e le p C o o f P e n n sy lv a n ia — 101 1st & r e f 5s 1948 ser B ____ J& J B e lo it W a ter, G as & E le c C o—■ 96% 1st g 5s 1 9 3 7 _____________M&S B in g h a m to n ( N Y ) L H & P — 96% 1 st r e f 5s 1 9 4 6 ___________ F& A 100 7% n o te s 1 9 2 5 __________ M & N B in g h a m t’n R y 5s '31 o p '11 M & N B ir m in g h a m E le c C o— 101 1st & r e f 6 s 1 9 5 4 _________ A&O B irm in gh am W a ter W o rk s C o— 99% 1 st M 5% s 1954 ser A ____ A&O B ir m K n o x & A tl— See P h ila Co B ir m in g h a m R y L ig h t & P ow er— 88 G an r e f g 4 % s '54 o p ' 0 9 - -A & O 99% B la c k s to n e V al G & E 5s '3 9 -J& J 99% 5% g o ld n o te s 1 9 2 6 -------- M & N B le eck er S t& F u lF y — -See N Y R y s B lo o m D e c & C h am p aign — 82% 1 st & r e f 5 s 1 9 4 0 _________ M & N B lo o m in g to n & N o r m a l R y & L— 1 st & gen m 5 s 1 9 2 8 ______ J& J B1 & N R y E l & H 5s '2 7 - - J& D B lu e L a k es W a t 1st 6s '3 8 - -M & S [86% B o s to n E le v R y 4 s 1 9 3 5 — M&N 89 D e b g 4 % s O ct 1 1 9 3 7 - - -A & O 87% D e b g 4 % s N o v 1 9 4 1 ------ M & N 92% D e b g 5 s D e c 1 9 4 2 ---------- J& D 95 W e s t E n d S t 5s 1 9 3 2 ____ M & N 93% 5s M a y 1 9 3 6 __________ M & N 92% 5s M arch 1 9 4 4 ------------ M&S 110 7s S ep t 1 9 4 7 ___________ M & S 93% 4 % s J u ly 1 19 3 0 ------------ J& J 89 4 s A u g 1 1 9 3 2 ---------------- F& A 101% 6% s F e b 1 9 2 7 _________ F& A B o s & W ore S t R y 4 % s '2 3 --F & A B re v a rd C o (M d ) P ow er—93 1 st s f 6 s 1 9 4 3 _____________J& J 91 B rid g e p o r t G as L t 4s 1 9 5 2 --J & J j T h i s p rice in clu d es a ccru ed in te r e s t, B o n d s. A sk. 99 101% 96 102% 98% 103% 95% 8 <% 100 97% 93 84 104% 102 105 92 97% 91 100 09 102% 96% 91% 100% 94% 102% 95% 89 9"% 107 94 101 105 97 96 102 84 99% 99% 86% 31 78 94 83 95 100 55 98% 101% 98 97 102 100% 88% 101 83 43% 96 93 e x c e p t w h e re m a rk e d *T” a n d in c o m e a n d d e f a u l t e d b o n d s . B id . A sk. B o n d s. B id . A sk. B rid gep ort H y d ra u lic C o—C h ica g o C ity R y 1 st 5s '2 7 . F& A 81% 82 1st M 5s 1 9 4 4 - - - ______ J& D 102 % 104 C h ic N o r th Shore & M ilw R R — B w a y & 7 th A v e R R — -See N Y R y s 1 st m tg e g o ld 5 s 1 9 3 6 ____ J&J 94 94% B w a y S u rface R R —-See N Y R y s 1 st & r e f 6 s 1955 ser A -.J & J 97% 99 B ron x G & E 5 s '60 o p a ft '2 0 - J& J 97 98 C h ica g o & O ak P a rk E le c R y — B rook lyn B o ro u g h G as C o— L ak e S t E l 1st 5 s 1928 gu_ J&J n 93 94 ____ C h ica g o R a ilw a y s Co— 98 1st M 5s M a r 6 19 3 8 - - -M&S ____ 104 G en & r e f M 6 s 1963 - - - A&O 1 st M g o ld 5s 1927 o p t F& A 81% 82 B k ly n C ity & N e w R R — See C I & B k R R C o n s M 5 s ser A F e b '27 A&O 65 66 93% B k lyn C ity R R 1st 5s 1941 - -J & J 93 S eries B F eb 1927 -J& D 43 44 ____ E q tr 5s ’2 6 -’3 5 ser A - .J & J 15 ; ____ P u r m on 4 -5 s F eb '27 o p t J&J 42 45 B rook lyn E d iso n C o— A d j in c 4 s F e b 1927 o p t ___M a y 23 24 G en M 5s ser A 1 9 4 9 - - .J& J 100 100% C h ica g o R a p id T ra n sit Co— 104% 104% G en M 6s ser B 1930 -J& J 1 st & r e f 6 % s 1 9 4 4 _______ J& J 94 95% B k ly n -M a n h a tta n T ra n sit C orp 83% 1st & r e f 6 s 1 9 5 3 ____ __________ 84 83% 83% 33% 35 B rook lyn R a p T ran 5 s '4 5 - -A & O / 94 C h ic S ou B en d & N o r In d R R — ____ E q u it T ru st c tfs o f d e p o s it. _ / 91 1 st g o ld 5 s J a n 1 1 9 3 7 ____J& J 30 40 ____ C h ip p ew a P o w er 6 s 1947 _ J& D n 99 1st r e f g o ld 4s 2002 - ___J& J / 75 ____ C hris & 1 0 th S ts R R — S ee N Y R y s 3 -y ea r 7% n o te s 192 1 - - J& J / 115 ____ C e n t U n T r te m p c tfs d ep / 115 C icero G as— See N o rth w G L & C o ____ C in cin n a ti G a s & E le ctric— T em p c tfs d ep s ta m p e d ___ / 108 ____ 99% B k ly n H ts 1st 5s 1 9 4 1 ____ A&O f 76 1st & r e f 5s 1956 ser A -A & O 100 B ro o k ly n Q u eens C o & Sub— 102% P r 1 & r e f M 5 % s J a n ’61 B A&O 103% ____ C in cin n a ti G as T ra n sp o rta tio n — 70 1st M g 5 s 1941 (s t p d ) - - J & J 64% 62 1st con 5s J u ly ’4 1 (s tp )M & N 103% 1 st 5 s 1933 guar op 1913 -J& J 83 B k ly n U n E le v 5 s 1 9 5 0 - - -F & A 81 103% D o u b le g u a ra n tee . _______ 105 83 81% S ta m p e d g u a ra n teed - . C in N e w p o r t & C o v L & T — 7/ 100% K in g s C o E l 1 st 4 s 1 9 4 9 . F& A 75 1 st r e f 6 s 1947 series A . . .J & J 76% 75 100 S ta m p e d g u a ra n teed So C o v & C in e 6 s 1932 J& J 101% 87 84 C itie s S erv ice C o— N a ss a u E le c 1 st 5 s 1 9 4 4 . A&O 60 162 C o n v g d eb 7 s '66 ser B _ .J & J 1st g o ld 4 s J a n 1 1951 J& J / 59 93 H7 91 S eries C ________________ ____ A tla n tic A v co n 5s g '3 1 - A&O ____ 86 S eries D _ - _ _ _ _ . 10! % 102% B k ly n B a th & W E 5 s '3 3 A & 0 100 100% S eries E _ _ _ . . B k ly n U n G as 1st co n s 5s g '45 M & N 112 113 ____ C itie s S erv ice P o w er & L ig h t— 109% 1st lien & r e f 6s '47 ser A .M & N ____ 2d s f 6s 1944 series A ..M & N 93% C o n v d eb 7 s 1932 ______ M & N 135% 94% C itiz en s G a s (In d ia n a p o lis)— B ro w n sv ille A v e— S ee P h ila Co ____ 94% 1 st & r e f g o ld 5s 1942 . J& J B u ffa lo C ity G a s g 5s 1947 A& O f - - - 96 101% 104 100% G en & r e f 7s 1 9 2 7 _______ M & N B u ff G en E le c 1st 5s 1939 F& A 100% C itiz en s L H & P (J o h n s t’n , Pa) 99% 1st r e f 5s A p ril 1 1 9 3 9 ____ J&J ____ B u ff & N ia g F a lls E l L & P o w er— 1 st g 5 s 1934 o p t 1914 -M & N ____ ____ C itiz en s R y & L t— S ee M u s c a tin e L t & T rac 1st go ld 5s 1942 - - F& A 92 C itiz esn S t R y — S ee In d T r & T er 90% B u rlin g to n (V t) G L 5s 1955 J& J C itiz en s T ra c t— S ee P h ila C o B u rlin g to n (la ) R y & L ig h t— 95 98 93 C ity E le c S an F ra n 5 s 1 9 3 7 . J& J 1st s f g o ld 5s 1932 o p t M&S 99% C ity & S ub R y — S ee P o r t(O r e )R y 99% B u tte E l& P 1st s f 5s ’2 5 -’51 J & D ____ C ity & Sub R y — S ee W a sh R y & E l 81% C airo R y & L 5s 1 9 3 8 ______ J& D C ity W a ter (C h a tta n o o g a )— C alifornia E le ctric G en era tin g — ____ 98% 1 st 5 % s 1954 series A ____ J& D 98% 100 1st s f g 5s '48 op a ft '12 M & S C larion R iv er P o w er C o— C alifornia G a s & E le c C orp — ____ ____ 104 100% 1st M g o ld 6 % s 1 9 4 7 _____ J& J Sink fu n d g 5 s 1933 o p t M&S 99% C le v E l 111 1 st 5 s '39 op '2 4 .A & 0 100% 101% 99% U n if & r e f g 5s '37 o p s f . .M & N ____ ____ 109 109% G old d eb 7 s 1 9 4 1 . . F& A C al C en t G as & E l 5s '31 F& A 99% G en M 5 s 1954 series A ___M & N 99% C alifornia-O regon P o w er— • ____ C lev e P a in s & E a s t C o n 5 s 1918— 110 1st & r e f 7 % s ser A 1941 F& A ____ 40 102% E x t a t 6% t o 1 9 3 3 . . A& O f n 20 1 st & r e f 6s 1942 ser B . J& J __ 97% C lev e R y 1st 5 s 1931 o p t ____M&S 98% 99% 1s t & r e f 5 %s series C F& A 105 C lev e S o u th w R y & L ig h t— 104% C o n v s f d eb 7s 1 9 4 4 ____ M & N 16 G en & co n 5s 1 9 5 4 . . ..M & S / H C al P a c R y — See P a c ific E le c R y 57 60 C lev e B er ea & Ob 6s ' 5 4 . -M & S C a lu m et & S o u th C h ica g o R y — 57 81 60 C le v e & E ly r ia 6 s '5 4 ____ M & S 79 1st M reh a b g 5s '27 o p '12F & A 57 60 C le v e E ly r ia & W 6 s 1 9 5 4 _____ C am den & S ub R y — See P S C orp 57 58 E ly r ia & O berlin 6 s 1 9 5 4 _______ 60 56 C an ad ian L & P 5 s '49 o p '14 J& J 92% C lin to n (111) G & E 6s 1937 . . _ . 90 9i 87 C o a st C os L & P 1 st 5 s ’4 6 o p .F & A C an ton -A k ro n C o n R y 5s '33 J &J ____ 100 99 C olorad o P o w er 1 st 5s ' 5 3 - -M & N C a n to n E le c C o 5s 1 9 3 7 - - M & N 100% 83 C o lu m b ia G & E 1 st 5s ’2 7 ..J & J 101 78 C ap e B re to n E le c C o 5 s '3 2 -J & J 100% 101 S ta m p e d _ _ __ C a p ita l T ra c tio n (W a sh , D C )— ____ ____ 98% 98 D eb en tu r e 5 s 1 9 2 7 . . J& J 1st g 5s J u n e 1 1 9 4 7 ___-J & D ____ C o lu m b ia (S C ) R y , G a s & E l C o 66 C arb on d ale R y 5 s N o v '33 J&J 100 y2% 99% 1 st M s f g 5 s 1 9 3 6 ____ J& J 95 C arolina P o w & L t 5s 1 9 3 8 -F & A 105% C ol B u c k L & N — S ee C o l N e& Z an 104% 1st & r e f 6s 1 9 5 3 _________J& D 100 C o lu m b u s D e la & M a r io n E le c C o 99% C ed ar R ap M fg & P 5 s '53 J & J 84 1 st & r e f 5 s J u n e 1937 ____ __ 86 C en tral A rk R y & L ig h t C orp— • ____ 92% 99 94% 1st & r e f 6 s (sta m p ed ) 1 9 3 7 ____ 1st lien s f 5s 1 9 2 8 ____ M&S ____ ____ C o lu m b u s (G a ) E le c & P o w er— C en tral C a lif T ra c 5s 1 9 3 6 - -A & O 103 6s 1 947 . J& D 99% 100 C o h im b u s (0 )G a s 1 s t 5 s g ’3 2 _J& J C en t C ro sst’n R R —-See N Y R y s — C o lu m b u s (O) In te ru rb a n T er C o 100% C en t D is t T elep 1st 5s ' 4 3 - -J& D 85 86 1 st gu ar 5 s 1935 ______ J & D C en t G a P o w — See G a L P & R y s 95 90 C o l L on & Spr R y — S ee In d C & E C en t H u d G & E 5s 1 9 4 1 . J & D 105 C o lu m b u s N e w a r k & Z a n esv ille— C o n v d eb 7 s 1 9 3 5 - - - J& J 102 ____ 96 95 1 st g o ld 5 s 1924 .. .M & S / — _ C en t I llin o is L t 1 st 5 s 1 9 4 3 -A & 0 ____ 104 103 G en & r e f g o ld 5 s 1 9 2 6 .-_M & N / — 1 st 6s 1 9 4 3 ______ A&O C ol B u ck L a k e & N e w T ra c C en tral Illin o is P u b lic S ervice—— 89 88 1st g o ld 5 s 1 9 2 1 ______ M & N / — 1st & r e f g o ld 5s 1952 - .F & A — ____ 100 Z a n esv R , L & P 5 s M a r '21 A&O 1st & r e f 6 s 1944 series C . J&J H i UU 98% C o lu m & 9 th A v R R — S ee N Y R y s 97% C en t In d ia n a G as 5s 1931 -M & S 98% ____ C o lu m b u s (G a) P o w 5 s '3 6 - -A& O 100 100 D e b 6s 1925 M&N C o lu m b u s R y , P o w & L ig h t—C en tral In d ia n a P o w er C o— 95 98% 96 97% 1 st r e f & e x t s f 5 s 1940 -A& O 102% 100% 103 R e f m tg e g o ld 6 s 1941 __ .J & D 100% 7% n o te s 1 9 2 7 - - - ______ M&S 79% C ol R y 1 st 4 s '3 9 o p t '1 4 - - Q - J 78% C en tral Io w a P o w er & L ig h t—• 94 100 95 99 C ol S t R y 1 st 5 s g 1 9 3 1 ___J& J 1st M 6s 1944 ser A . M&N ____ ____ 94 95 C ross S t 1 st 5 s g 1933 J & D C o n v M 7s 1934 ser A - M & N 99% C o m ’cia l C a b le— 4s g 2 3 9 7 ___Q -J 71% 73 98% C en t M a in e P o w 5s '39 o p ’ 19 M & N 107% C o m m o n w ea lth -E d iso n C o— • 106 100% 101% 102 100 1st g 5 s J u n e 1 1943 .M & S 1 st & gen 6 s 1942 J& J — 109% 110% 95 1 st g 6 s J u n e 1 1943 __M & S C en tral N Y G & E 5 s 1941 .J & J 99 99% 1 st M 5 s 1 9 5 3 _ . J& J C en tral P ow er C o—94 101 95 99 1st M co l 5 s 1954 ser B . J& D 100% 101 100 98 C o m ’w e a lth E l 5 s J u n e '4 3 -M & S 86 98% C o m ’w ’th L & P 6s 1 9 4 7 - - - M & N 90 97% 1st 1 & r e f 6 % s 1952 M&S 98 100 S ec 7s J u ly 1 9 2 5 . _ J& J C en tral R y — See U n R y & E l (B a lt) C o m m o n w ea lth P o w er C orp — C en tral T ra c tio n —-See P h ila C o 100% 100% S f g 6s M a y 15 1 9 4 7 .-M & N 15 C harleston C o n s R y , G a s & E l— ____ 87% 90 89 G en & r e f 5 s 1939 ___J& J C o n so l g o ld 5s 1 9 9 9 ___ M&S 93% 96 ___J& J G en & r e f 6 s 1972 ser B C h ’s ’t ’n C ity R y 1 st g 5s 1923 — 100 C o m p t H ts & M er T er— S ee U n E x t a t 6% to J a n 1 9 3 8 - J& J — ____ C o n e sto g a T ra c 1 st 4 s 1 9 5 0 .-J& J C h a tta n o o g a R y & L ig h t— 69 — 82% 73 C o n e y I sl & B k ly n R R 4 s '4 8 -J & J 1st & r e f g 5s 1956 op '1 6 -M & N 58 ____ 83 C o n so l g o ld 4 s 1 9 5 5 - .J & J C h a tt R y s 1 st co n s 5s '56 M & N 80 100% 84 99% B C & N 1 st c o n s 5 s 1 9 3 9 - -J & J C hes & P o t T el 5s '29 o p '09 J& J — 80 ____ 98 C er tific a te s o f d e p o s i t _____ C hes & P o t T e l o f V a 5s '4 3 -M & N C onn L ig h t & P o w er— C hicago A urora & E lg in C orp — 112 ____ 23 1 st & r e f s f 7s '51 ser A ..M & N D e b e n 6s A p ril 1972 J&J / 21 104 105 1st & r e f 5 %s 1 954 ser B _ . F& A C h ica g o A urora & E lg in R R — 103% ____ 93 90 C o n n ec ticu t P o w er 5s ' 6 3 . -A& O R e f & im p 7 s '47 ser A . A&O 103% — 1 st & c o ll tr u s t 5 s 1 9 5 6 ____ J& J C hicago C it y & C o n n ec tin g R y 102 ____ 60 7% n o te s D e c 1926 _____ J& D 54% co ll tr s f g 5s J a n 1 1 9 2 7 -A & 0 90% 93% C o n n R y & L t 4 % s 1951 J& J 90% S ta m p e d g u a ra n teed o p t io n a l.. 91% ____ 102 C o n n L tg & P o w 5s '39 - J& J ____ 99% C o n n R iv P o w 1 st 5 s 1937 J& D C o n so lid a te d C itie s L , P & T r— 80% 79% 1st lien 5 s 1962 s ta m p e d ___J& J k L ast sa le, n N o m in a l, r C a n a d ia n p rice. PUBLIC UTILITY BONDS A pril, 1925.] 37 NOTICE.—All bond prices are “and in te r e st” except where marked “f ” and incom e and defaultedEbonds. B o n d s. B id . A sk. B o n d s. B id . A sk. C o n so l G as o f B a lt 5 s 1 9 3 9 --J& J 93 E a stern P a R y s 1st 5s 1 9 3 6 .-J& J 100M G en g 4 % s A pr 1 9 5 4 ____ A&O 94 E a stern T ex E l C o 5s ’4 2 ___M & N 93 C on sol G as, E le c L t & P (B alt)-— 7% c o n v g n o te s 1 9 2 5 ___M & N 135 96 % E a stern W isco n sin E le c tr ic C o— G en g 4 ^ s F eb 14 1 9 3 5 ---J & J 96 M 89 1 st & r e f 5s 1 9 4 7 _________M&S 1st r e f 6 s 1949 Series A ___F&A 106 M 107 1st lie n & r e f 6 s 1 9 4 2 _____ J& D 99 1st r e f 6 % s 1951 Series D _ A & 0 109 % 110 1st lien & r e f 6 M s 1 9 4 8 - -M & S 100 1st r e f 5 % s 1952 S eries E -M & S 102 M C on sol G as N J 5 s g 1 9 3 6 ____ J& J S h e b o y g a n E le c 5s 1 9 4 6 - -J& J 93 93 M 101 1st r e f 5s 1 9 6 5 ___________ A&O E a s t B a y W a ter 5 % s 1 9 4 6 --J & J 86 U n & r e f 7 % s ’36 ser A __M & S C o n so lid a te d G as (N Y )— 105M U n & r e f 6 s 1944 ser B ___M&S 101 % 101% D eb 5 ^ s 1 9 4 5 ___________ F& A 10154 U n & r e f 6s 1944 ser C ___M&S U n d er ly in g cos— S ee N Y G E L H & P 101 U n if & r e f 6 s 1955 ser D ..M & S 100 C on sol L tg C o (V t) 1st 5 s ’2 6 -J& J 97 C on sol P o w & L tg — 5M % g o ld n o te s 1 9 2 8 ____ F& A 100 E a s t P e n n E le c C o— 1st & r e f 1 6 % s 1 9 4 3 _____ M&S 100 % 101 1st M & r e f 6s 1 9 5 3 _____ J& J C on sol P o w & L ig h t (W V a )— 103 E a s t S t L o u is (111) L t & P o w — 1st M & r e f 6 s 1 9 4 3 _____ M&S C on R y (N e w H a v )d e b 4 s ’54_ J& J 1st 5s 1 9 4 0 _______________J& D 63 E a s t S t L o u is & S ub u rb an C o— D e b 4 s 1 9 5 5 ______________ J& J 63 C o ll tr u s t g 5 s 1932 o p t ..A & O D e b 4 s 1 9 5 5 ______________ A&O 63 84 M A lto n G ra n ite & S t L T ra c— D e b 4 s 1956 g u a r ________J& J 63 C on s gold 4 s 1 9 3 0 ________F&A 1st co n s g o ld 5 s 1 9 4 4 .-F & A 62 M C tfs o f d e p o s it____________ C on s R y & P o w (S a lt Lake) S ee U t ah L & R y E a s to n C ons E l 5 s 1 9 4 9 ___ M & N 100 C on s T r (N J )— S ee P u b Ser C orp 100 E c o n o m y L t & P o w (Jc-liet, 111)— C on W a t o f U tic a — 1st 5s ’30_ J& J 98 1st M s f g o ld 5s 1 9 5 6 ____ J& D 2d M tg e 5s Jan 1 1 9 3 0 ____ J& J 98 99 96 C onsu m ers E l L & P (N e w Orl)— E d iso n E le c I liu m o f B o sto n — • 4M s% g o ld n o te s 1 9 2 8 .. J& J 15 99 % 1st M 5s 1 9 3 6 ______________ J& J 93 94 M E d E l U l(B k n )S e e K in g s C oE L & P C on su m L H & P C o (E liz , N J) E d iso n E l 111 (N Y ) — S ee N Y G 5s 19 3 8 ____________________J& D 97 C onsu m ers P ow er C o (M ich )— E d iso n E le c C o (L a n ca ster)— 100 % R efu n d in g 5s 1 9 4 3 ______ F& A 1st & r e f 5s 1936 op '1 6 --J & J 99M 94 % 1st 1 & u n if 5 s ser C 1 9 5 2 -M & N 94 M E ig h th A v e R R — See N Y R y s l s t l & u n if 5J^s 1 9 5 4 ____M &N 101 % E le c & P e o p — S ee P h ila R a p T ran 101% E le c tr ic P o w C orp (G erm a n v )— C o n tin e n ta l G as & E le c tr ic — 1st s f 6 M s 1950 w i _____ _'M&S 100% 99 % 1st lien c e ll tr 5s 1 9 2 7 - - -M & N 87 M R e f 6s 1 9 4 7 _______________ A&O 99 M E le ctric a l S ecu rities C orp— 98 M C oll tr 7s 1954 ser A ____ F& A C oll tr u s t s f 5 s 1935 o p t .- F & A 101 95 100 C rosstow n S t R y — S ee C ol R y & L t E liz P la in f & C e n t J lS e e P u b lic E liz & T re n to n R R /S e r v C orp C ross S t R y — S ee I n t T r (B u ff) E lm ira W a ter, L ig h t & R R — C ub an T elep h o n e C o— 92 M 1st & co n g 5s 1 9 5 6 _______M & S 107 1st lien & re f 7 M s 1 9 4 1 . - -M & S 106 102 E l P a so E l C o c<->ll tr g 5s ’3 2 -J & J C um b erlan d C o (M el P o w & L t— 94 96 1st & r e f gold 5s 1 9 4 2 ____ M & S 100 7% n o te s 1 9 2 5 ___________ J& J 90% E m p ire D is tr ic t E le c tr ic C o—• 99 % C u m b ’lan d T & T 5s 1 9 3 7 -_ _ J& J 1st 5s 1 9 4 9 _______________ M & N 89 106% 106 C u yah oga T e le p 1st 7s 1941 .J & D E m p ire G as & E le ctric C o— D a k o ta C en tra l T elep Co— G en & r e f 6 s sor A 1 9 5 2 ___J & D 1st gold 6 s 1 9 3 5 ___________ J& D 100M 102 M 102 100 D a lla s G as 1st 6s 19 4 1 _______A&O E m p ire G a s & E le c a n d E m p ire C ok e j t ls t& r e f 5s ’41 o p t.M & S 105 103 D a lla s P o w & L t 6 s 1 9 4 9 ____ J& J 92 % E m p ire G as & F u e l— 1st g 7M s 1949 series B ___ J& J 1st g 5s 1952 series C _____ J& J 103 1st M s f 6s 1 9 2 6 _________ M & N ls t& r e f co n v 7 % s ’3 7 ser A M&N D a n v S t R y & L C o 5 s 1 9 2 5 .J & J 101M E q u it G & E U tic a 5s 1 9 4 2 -A & O D a n v ille T r & P o w 1st 5s ’41 _J& J 70 98 75 E q u it 111 G a s, P h ila , 5s g ’2 8 - J& J D a rb y M e d & C h e s R y — S ee P h ila R T r E rie E l M o to r s f g 5 s 1 9 5 1 ..A & O 105 D a y to n a P u b S erv 7 s 1 9 4 2 .-J& J 103 E rie L tg 1st M 5s 1 9 6 7 ____A&O D a y to n (O) G as 5 s ’30 o p ’15-M & S 96% 100 99' E rie & S ub u rb an R y 5s ’4 1 -A & O D a y to n L tg 1 st 5 s ’37 o p ’12_M&S 99 D a y to n P o w & L 1st 5s '41 _J& D E v a n sv G & E L 5s ’32 o p T 2 J & D 98 98 D a y Sp & U rb —-See In d C ol & E E xcelsior S prin gs W a t G as & E l— 100 D e fia n c e (O) G& E 5s 1 9 4 2 . _M & S 1st M 6s 1932 o p t _______ J & D F a irm o n t & C lark sbu rg T rac— D ela w a re C o & P h ila — S ee U n P & D e n v e r C ity T r a m w a y — 1st g 5s 1938 o p t 1 9 1 3 ___A&O F ed eral L ig h t & T ra c tio n — 1st & r e f g 5 s 1933 op s f.M & N 57 58 1st s f g 5 s 1942 o p t ____ M&S C o n T ram co n g 5s 1 9 3 3 --A & O 93 85 99 1st lien g 6 s 1942 s t p d ____M & S D e n v G as & E l 1 st g 5 s ’4 9 -M & N 98 % 101 % 93 D eb en tu r e 6 s 1954 ser B - .J & D 93 M 1st & R e f 5 s 1 9 5 1 ________ M & N 91M D en v e r T ra m w a y P ow er C o— F e d S t & P le a s V al— See P h il Co 1st im p g gu 5s ’23 op ’0 8 .A & O F t P it t T ra c tio n — S ee P h ila C o 98 E x t a t 6% to 1 9 2 4 __________ n 96 F t S m ith L ig h t & T ra c tio n — D e n v e r T r a m w a y T er m in a ls C o 1st M g 5 s M a r 1 ’36 o p t - .M & S 78 % 1st M g gu 5s 1925-40 -.M & S » 7 % % 6% % F t W V an W ert & L im a T ra c— D erry (N HI E le c 8s 1 9 5 1 --M & S 1st M g 5 s 1930 g u a r _____ J&J f 16 99 D e s M o in e s & C en t l a E le c C o— F t W orth P o w & L 5s ’3 1 . -F & A 99 101 4 2 d S tM & S tN A v — See 3 d A v R y S F 6s 1937 o p t series A ___M&S 99M S F 5s 1937 o p t series B ___M & s F r a n k f T a c o n y & H< lm e sb R y — 88 D e s M o in e s E l 5s 1 9 3 8 --M & N 1st g o ld 5s J u ly 1 9 4 0 _____ J& J 40 D e s M o in e s C ity R y 5s ’3 6 - -J& J 8l" G alesb u rg R y L tg & P o w er— 79' D e s M o in e s E le c Co—C on 5 s O ct 1 9 3 4 _________ J& D 95M 1 st M 5 s, 1 9 3 8 ___________ M & N G al sb R y & L 5s 1 9 3 4 _________ 9i 99 M 98 M D e tr o it C ity G as C o— G a lv E le c C o 1 st 5 s ’40 op_ _M &N 86 1 st M 6s 1947 series A ____ J& J G a lv e sto n -H o u sto n E le c R y — 102 M 103 99 D e t & S ub G as 1st 5s ’2 8 -J & D 1st M s f g 5s 1954 o p t ____ A&O 86 100% D e tr o it E d iso n 1st g 5s 1 9 3 3 -J& J G as & E l o f B erg en C o 5s ’4 9 J & D 98 % 1st & r e f 5s J u ly 1 19 4 0 ___M & S 99 Vs 100 % G en 5s N o v 1 1 9 5 4 ______ M & N 95 108 1st & r e f 6 s J u lv ’40 s sr B .M & S G eneral G as & E le c C orp—■ 98" 97 G en & r e f 5 s 1949 series A -A & O S f g 7s 1952 ser A ______ M & S 102M 114 115 C o n v d eb 7s J a n 15 ’2 8 -J & J 1 5 G en G as & E l C o 5s 1 9 3 2 .-J & J l o nM 114 115 C o n v d eb 7 s F e b 1 9 2 9 ___F&A G old 6s 1 9 2 9 __________ M & S 99 % 114 115 C o n v d eb 7s M a r 1 9 3 0 __ M&S G erm an G eneral E le c— 115 114 C o n v d eb 6s D e c 15 1 9 3 2 .J & D 93 % 20-yr 7s 1 9 4 5 __________J& J 15 D e t U n ite d 4 M s 1932 o p t ..J & J 91M G a R ow & Ip s—-See B & N S t R y 91M 1st M & co ll tr 6s 1 9 2 9 ____ J& J G eorgia L ig h t P o w er & R y s — 99 M 100 D e t R y 1st 5 s 1 9 2 4 ________J& D 1st lien s f g 5s 1941 o p t - .M & S 88 M D e t F t W a y n e & B e lle Isle— C en t G a Pr 5 s ’3 8 o p t ’13 M & N 9 M 1st g 5 s A pr 1 1 9 2 8 ____A&O 99 G eorgia R y & E le c 5s 1 9 3 2 ._ J& J D e t M o n & T->1 S h ort L in e R y 92 R efg & im p t g 5s ’49 s f ___J& J 1st M g 5s J a n 1 9 3 3 ____ J& J 96% A tla n ta C o n s S t 5 s 1 9 3 9 . .J & J D e t & P o n tia c — G eorgia E le c L t 5 s 1 9 3 0 - -J & J 99 C on s g 4 M s ’26 op ’l l . . J & D A tla n ta N o rth ern R y C o— D e t & P t H ir o n Shore L in e— 1st gu ar 5 s ’54 o p ’9 0 ___J& J 94 1st gold 5 s 1 9 5 0 _________ J& J G eorgia R y & P o w er— D e t Y p sil A nn A rbor & J a ck — 92 % 1st & r e f s f 5s 1954 o p t - .A & O 99 1st go ld 5 s 1 9 2 6 _________ F& A G en M 6 s 1947 (1933 ser ) A&O 101% D om in ion P o w & T ra n sm issio n — G en M 7 s 1 9 4 1 __________ M & N 104 M 1st 5s 1 9 3 2 ________________ A&O 96 97 G rand R a p Gr H a v & M u sk R y — D D E B & B R R — S ee T h ird A v R y 1st g 5s J u ly 1 1 9 2 6 _______J& J 99 % D u lu th -S u p erior T ra c tio n C o— G rand R a p id s R y — 95 97 D u lu th S t R y 1st g 5s ’3 0 .M & N 97 l s t s f 7s 1 9 3 9 _____________M & N G en M 5s 1 9 3 0 _________ M & N 84 M 86 M G reat C on s E le c P o w (J a p a n )— 90 1st M 7 s 1 9 4 4 ____________F& A D u q u esn e L ig h t— S ee P h ila C o G t F a lls P o w 1 st 5s ’40 o p ..M & N D u q u esn e T rac— S ee P h ila C o 100 % G reat L ak es P o w er, L td — E a ste r n C o n n e c tic u t P o w Co— 97 1st M 6 s 1 9 2 5 -1 9 4 4 _____ M & N 1 st M s f 5s 1948 series A .A & O 95 M 100M E a ste r n M a ss S treet R y Co— 97 G reat N o r th P o w 5s 1 9 3 5___F& A IU 1 r 1C Uo J I ia n u 1 9 2 6-1929 -----------100 97 G reat W est P o w 5s 1946 o p . _J& J S erial e If 6s ____ 71% 71 1 st & r e f 6 s M a r 1 9 4 9 ____ M&S R e f M 4 M s 1 9 4 8 _________ J& J 100 % 76% 1 st & r e f 7 s 1950 ser B ___J&J R e f M 5 s 1 9 4 8 ____________J& J 77 M 107M 1 st & r e f 6 s 1952 ser C ____ F& A 88 R e f 6 s J a n 1948 ser C ..M & S 1 5 100 % 88 M 88 R e f 6 s Ja n 1948 series D .A & O 88 M G reen B a y G as & E le c C o— 1st & re f 5s 1 9 3 5 _______ M & N 88 98 R e f 6s J a n 1948 Series E .M & N 88 M G reen w ich T ra m 1st 5s ’3 1 . -J & J L yn n & B o s 1st 5s g ’2 4 . -J& D 75 101 99 H a ck en sa ck W a t 4 s ’52 o p ’12J& J E x te n d e d to 1 9 2 9 ___________ 84 % H a g e rsto w n & F red erick R y —■ E a ste r n N J P o w er C o— 1 st & r e f 6s 1 9 4 4 _________A&O 98 M 1 s t M 6 s 1 9 4 9 ___________J& J 96M H arrisb urg L & P 5 s 1 9 5 2 ..F & A ______ E a ste r n O regon L ig h t & P o w Co— H a r t S t R y — 1 st g 4 s 1 9 3 0 -.M & S 1st M 6s 1 9 2 9 ____________ A&O 83 M 99 M 101 H arw ood E l 5 s ’3 9 o p ’1 4 ____ J& J 99% 1st & r e f s f g 6 s ’42 o p ___M&S 105 /T h is price includes accrued interest, k Last sale. I In London, r Canadian price, B o n d s. B id . H a v a n a E le c R y , L ig h t & Pow er 94 G en M 5s 1954 series A M&S 86% 95 M 92 H a v a n a E le c R y 5s 1952 F&A H e len a L t& R y 1st 5s ’25 o p .M & S 93 % H erk im er C o u n ty L ig h t & Pow er 92 102 1 st 5s 1 9 5 0 . . _ . -J&J 98 H e st M a n & F air P a ss R y — S ee P h ila R T H o m e T elep & T e le g (L o s A n g eles 96 C al) 1 st 5 s 1 9 3 3 --J & . 98 101M 96 1 st re fu n d in g 5s 1 9 4 5 . . J&J 10 6 % 1 0 2 K H o m e T e l & T e l o f Spok an e— 1st M g 5s M a y 15 ’3 6 .M & N 1 5 97% 32% F&A 1 0 1 M H o r to n ia P o w er 5s 1945 H o u g h to n C o (M ich ) E le c Light-— 101 1st g 5 s J a n 1 1927 o p t . - J&J 99 H o u g h to n C o T ra c 1 st 5s ’3 7 . J&J / 15 105 H o u s E le c 5s 1925 o p t 1910 F&A 99% H o u s H o m e T e le p 5s 1 9 3 5 . .M & S 98% 99% H o u sto n L t & P o w 5s 1931 -A&O 1 st lien & r e f 5s 1 9 5 3 .- -M&S n 92 85 1s t lien & r e f 6s 1953 ser B . A& C n 100 1st lien & r e f 5 M s ’54 ser C.M & S 65 98% 64 M H u d so n C o G as 5s g 1949 M&N H y d ra u lic P o w er o f N ia g F a lls— 100 1st & re fu n d in g 5s 1 9 5 0 ___J&J R e f & im p t 5 s 1951 A&C 100 Id a h o P o w er 1 st 5 s 1947 _ J&J 94 1 s t lien g en M 8 s 1 9 3 0 . _ J&J F irst lien g en M 7s 1947 --J& J 99% 111 B e ll T e le p 1 st 5 s 1956 J& D Illin o is C en t T ra c 5 s 1 9 3 3 - _J&L 89% *___ Illin o is E l P o w 1st 6s 1943 A&O 100 Illin o is P o w er & L ig h t C orp — 1st & r e f 6 s 1953 seris A A&C 102 99% D e b e n tu r e 7s 1 9 5 3 - . A&C 8 7 % Illin o is P o w er 1 st 5 s 1 9 3 3 ___J& E 93 1 st 7s 1 9 3 6 .. ...................... J&E 102% 1 st 6s 1 9 4 4 _____ __ . ..J & E 98 Illin o is N o rth ern U tilitie s C o— 1st & r e f 5s 1 957 o p t . ___A&C 88 Illin o is V a lle y R y 1 st 5s ’3 5 .M & S 94 1In d ia n a C o lu m b u s & E T ra c— 94 G en & r e f g 5 s ’26 op ’l l . -M & N / 2 C ol L on & S p r in g f 5 s ’2 0 A& O f 10 101 D a y t S p g f & U rb 5 s ’2 8 . -M & N 40 90 M In d ia n a E le c tr ic C orp— 1st M 6s 1947 series A ..M & N 97 1st M 6 % s 1953 series B ..F & A 101 101 In d ia n a L tg 4s 1958 o p t ____F& A 79 93 M In d ia n a & M ic h E i 5 s 1957 .F & A 1st & r e f 5s 1 9 5 5 _________M&S 95 104 In d N a t G as & O— S ee P e o G L&C 92 101M In d ia n a P o w er 6 s 1944 ___M & N 1 st lien 7 % s 1941 ser A .M & N 104% 100 Istlie n & g e n 6 J ^ s’41 ser B .M & N 99% 8% c o n v n o te s 1 9 2 5 ___.A & O 100 91M In d ia n a R y & L t 1st 5s ’4 3 J& J , 91 In d ia n a S erv ice C orp— 1st & ref M 5 s Jan 1 1 9 5 0 .-J & J 88?-/ 100 A d ju stm en t m o rtg a g e ______ / 83 In d ia n a U n io n T ra c tio n — 1st g 5s J u ly 1 ’33 op ’0 8 .A & O 10 In d ia n a N o r 1 st g 5s 1 9 3 3 -A & O 10 94 M In d ia n a p C o lu m b u s & S ou T ra c— 1st M g 6s F eb 1 1 9 4 8 ____ F& A 94 97 97 101M In d ia n a p o lis G as 5 s 1 9 5 2 . . A& O T ndianap L & H 5 s 1940 .A & O 93 99 In d ia n a p & M a r tin sv R a p T ran — 1st g 5s 1923 o p t _ J& J . ____ In d ia n a p N e w C a stle & E a stern — 1st 6s 1 9 3 2 In d ia n a p N o r— S ee U n T r o f In d In d ia n a p o lis & N o r th w e st T ra c— 25 1st g 5s 1923 ex t to 19 3 3 - -M &S 46% 99M In d ia n a p o lis & S o u th e a st T ra c— 1st M g 5s 1 9 3 5 ___________ J& J 15 50 In d S h e lb y & S E 5s 1 9 3 2 . J& J 15 In d ia n a p o lis T ra c & T er m C o — 1 st s f go ld 5s Ja n 1 1933 -A & O 97 92 % 97 In d ia n a p S t g en 4 s 1933 _ J& J 62% C itiz e n s ’ S t co n 5 s g ’3 3 . M & N 89 85% In d ia n a p o lis W a ter— 88* 1 st & r e f g 4>^s 1940 o p t - J& J 92% 1 st lien & r e f 5 H s 1 9 5 3 - - .M & S 101% 9J M In terb orou gh -M e tro p o lita n Co— C oll tr u s t g 4 % s 1 9 5 6 ____A&O f 11 G uar T ru st c e r tif o f d e p o s it . _ / 103 4% S tp d a s s ’t ’d & 16% s u b s . . f 6% S tp d a s d el o f 16% s u b ____ / 100M 1% S tp d a s t o d e l o n surrender o f 60% o f b o n d s 93 % f % In terb o ro u g h R a p id T ra n sit— 1st & r e f g 5 s ’66 op ta x -e x J& J 63 S ta m p e d . 62% 89M 6% n o te s 1932 . .A & O 65% 95M 99% C o n v g 7% n o te s 1932 - M & S 86^ 92 M ' In te rn a tiln a l R a ilw a y (B u ffa lo )— < 7% 81 B u ff R y 1st co n M 5s g ’31 F& A B u ff T ra c 1 st 5 s 1 9 4 8____J& D 74 100 C ross S t R y 1st 5s g ’3 2 - -M & N 80 B u f f B e ll & L a n 5 s 19 2 7 - J & D 88 67 B u f f & L o ck 1 st g 5s 1 9 3 8 - J& J 93 B u ffa lo & N ia g F a lls E le c R y — 102% 80 1 st M 5 s g o ld 1935 _ . . J& J 62 I n te r n a t R y r e f 5 s ’6 2 o p -M & N 105M I n te r s ta te E l C orp 6 s 1 9 3 3 -M&S 9 '% 100 D e b e n tu r e 7 s 1 9 3 2 - __J& D 96 I n te r s ta te P o w er Co— 99 1st M g 6 s series A 1944 J& J 97% G eneral 7 s 1934 _______J& J 97% 90 % I n te r s ta te R y s — C o ll t r u s t g 4 s 101 % 55% 1943 o p t 1 9 1 3 ____________ F& A Io w a R y & L t (C ed a r R a p id s)— 103 1st & r e f 5s 1932 o p t ’15 _M & S 98 99 Io w a S o u th ern U tilitie s — 1st & r e f 6 s 1 9 4 3 ____- . . F & A 95 101 Iro n w o o d & B essem er R y & L ig h t 1st s f g 5 s ’3 6 o p t a fte r ’1 5 .F& A 101 I ta lia n P o w er C o— C o ll t r 6 % s 1 928 series A .A & O 98 % 100 J a ck so n C o n s T r— S ee M ic h E .R y 80 J a ck so n (M ich ) G as 5 s g ’37 A&O 97 J a ck so n (M iss) P u b lic S erv ice— 85 1st M 6 s 1935 - ..A & O 92 1 st M 7s 1934 ______________ 97 97M ______ J a c k s o n v (F la )G a s s f 5 s ’4 2 - - J& D 83% J a ck so n v ille T ra c 1 st 5 s ’31 M&S 75 ______ J a c k s o n v E le c 5 s ’27 o p t M & N 91 ______ J a c k so n v (111) R y & L t 5 s ’31 J& J 92 % J a m a ica W a te r S u p p ly C o— 1 st g o ld 5 % s series A 1 9 5 5 .J & J 98% s 8ale price. A sk. 87 92% 95 100 99 97 99 34% 25 100% ■■* 99% 99% 101% 101 95 99% 102 103 100 % 94 103% 99% 89 5 20 99 103 95% 94 106 102>* 101 89% 84% 20 20 100 98% 50 47% ____ 93% 62% 87 93% 102% 13 12K ---____ 63% 63 66 87% 83 76 81 92 70 83 64 97 100 99 99 56 99 92% 98% 95 99 85 80 94 100 38 PUBLIC UTILITY BONDS [V ol. 120. NOTICE.—A ll bond prices are “and in te r e st” evcept where m aiksd “f ” and incom e and d efaulted bonds. B o n d s. J e r se y C en tra l P o w & L t C orp —1st lien s f 6 K s 1948 sor A .M & N O o n v d eb 7 s 1933__ _M &N 6 % % n o te s D e c 1 1 9 2 6 —M & S 1st & re f 5 M s 1945 series A F& A J e r C ity H o b & P a t— S ee P S C orp J o h n sto w n (P a) T elep h o n e C o— 1st & r e f 5 s 1 9 4 2 . . .F & A J o h n sto w n (P a) T ra c tio n — 1 st & r e f 5s J u ly 1 9 4 3 ____ J& D J o p lin & P ittsR y 1st 5 s ’3 0 op.M & S K a n k a k ee (111) G & E 5s ’3 0 -M & S K a n sa s C ity G a s 1st 6 s 1 9 4 2 .F& A K a n sa s C ity P ow er & L ig h t— 1 st M 5 s 1952 series A ____ M & S K a n sa s C ity R a ilw a y s — 1 st M 5s J u ly 7 1 9 4 4 ___ J& J 2 d M 6 s J u ly 7 1 9 4 4 ______ J& J 2 d M 5 s J u ly 7 1944 . J& J C o ll g o ld n o te s 7 s M a y 15 1 9 2 1 . . . ____ . . .M & N 15 K a n s a s E le c P o w er 6s 1 9 3 7 .J & D 6s 1 9 4 3 . ____ __ . . J& D K a n s a s E le c U t il 5s 1 9 2 5 ___A&O K a n s a s G a s & E le c 6s 1 9 5 2 .M & S D e b g o ld 6s 2022 series A .M & S K e n tu c k y T ra c tio n & T er m in a l— 1 s t & r e f gu 5 s '51 o p t ’1 4 .F & A L e x in g to n R y 1st 5s 1 9 4 9 .J & D K e n tu c k y U tilitie s C o— 1 st lien 6s 1949 series E ___J& J K e y S y ste m (S an F ran-O ak Term ) 1 st M 6 s 1 9 3 8 . ______ J& J R e f 5s 1 9 3 8 ............. ............ J& J R e f 6 s 19 3 8 _____ __ _____ . K e y S y ste m S ecu rities co ll tr u s t 6s K e y T e l 1st g 5s '35 o p t ' 0 8 . -J& J 6% go ld n o te s 19 2 7 _____ M & N K in g s C o E L & P 1st 5s ' 3 7 .A&O P u rc h m o n e y 6 s g 1 9 9 7 ___A&O E d is o n E l 111 B k ln 4 s '3 9 . .J & J K in g s C o E le v R y — S ee B k ln R T K in g s C o G as & 111 1st 5 s’4 0 . A&O K in g s C o L tg 1st r e f 5 s ' 5 4 . .J & J l s t r e f 616s 1954 — . ____J& J K in g sp o r t U tilitie s 6s 1 9 3 7 .A & 0 1 st 7 s 1937 series B ______ A&O K in lo c h L on g D is t T e l 5s '2 9 . J& J K in lo ch T elep h o n e 6 s 1 9 2 8 .-F & A K n o x v G a s 1st 5s '33 o p t '1 3 . A&O K n o x v ille R a ilw a y & L ig h t— R e f & e x t 5s 1946 o p t ____J& D K n o x v ille T ra c 5s 1 9 3 8 ___A&O B id . 110 105 101 99 94 / f / / 110M 105 M 101M 97 M 100 99 97M 97 56 58 8 7 59 M 10 10 72 99 99 100 56 87 74 100 100 101 90 78 92 79 93 99 100 101 X 79 16 DOM 85 101M 11556 91X 94 M 10556 93 95 99 16 103 82 9056 97 101M 80 86 % 85M 116 9156 96 96 98 100 103 M 85 92 C o ll tr u s t 5 s 1 9 5 1 _______ F& A 94 96 L a cled e G as L t r e f 5 s 1 9 3 4 --A & O 99 M 9956 1 st M c o ll t r 5 M s '53 ser C .F & A 98 M 99 L a k e R o la n d E le v — S ee U n R y s & E le c L a k e S h E le c 1st con g 5s '2 3 -J& J G e n go ld 5s F eb 1 1 9 3 3 . . -F & A 50 47 L o r & C le v g 5s '27 o p '1 7 . J& J S a n d F rem & S ou 5s 1 9 3 6 --J & J T o l F rem & N o 6 % a 1 9 2 5 .J & J L a k e S t E le v R R — S ee C h ic & O a k P k E l e c R y L a u ren tia n P ow er 6s 1 9 3 6 .- J& J r 98 M L a u ren tid e P o w er 5s 1 9 4 6 ___J& J 98 97 M L eh ig h P o w S ec 6% n o tes'2 7 .F & A 10156 101 56 L eh ig h N a v E le c 6s 1 9 4 3 --J& J 105 L e h ig h V alley T ra n sit— 1 s t M g 5s D e c 1935 o p t . -M & S 97 96 88 86 C o n s go ld 4 s 19 3 5 ___*_____J& D 80 M R e f & im p t g 5 s I 9 6 0 . -J & D 82 8 >16 L e h Val L & P 5s 1 9 4 3 ____A&O 96 M L e x A v e & P a v F y — S ee N Y R y s L ex (K y ) R y — S ee K y T r & T erm L in co ln G as & E le c 5 s 19 4 1 -J& D 94 95 L in d ell R y — S ee U n ited R y s(S tL ) L ittle R o ck G & F 6s 1 9 3 7 . -M & N 96 L ittle R o ck R y & E l 5s '3 3 -A& O 99 9 3 56 99 R e f & e x t g 6 s 1 9 3 8 ____ A&O L o ck h a rt P ow er 5 M s 1 9 5 0 ..F & A 96 97 L o c k p o r t & O lc o tt R y — See I n t T r a c (B u ffa lo ) L o n g Isl L ig h tin g 5s 1 9 3 6 . M&S 100M 9>M 1 st re f 6 s 1948 ____ __ ______J& J 103 M 10? M L orain & C le v e R R — S ee L ak e Sh E le c R y L o s A n geles G as & E le c C orp — 100 1 s t & re f g 5 s 1939 o p t ../ M & S G e n & r e f g 7s 1926 ser A M&S 101H 102 M G en & r e f g 7 s '31 B & O . J& D 105M G e n & r e f 6 s 1942 ser D M&S 10 1M 102 M 95 M G e n & r e f 5 1 6 s 1 9 4 3 .. - M & S 97 M 97 % G e n & re f 5 Ms '47 ser E . J& D 97 102 M G e n & r e f 6s 1942 ser G ._M & S 10116 101 L o s A ng G & E 5 s 1 9 3 4 ____J& J 99 M L o s A n g P a c C o— S ee P a c E l R y L o s A n g & Pasad-— S ee P a c E l R y L o s A n g e les R a ilw a y C orp —1 st & r e f s f g 5 s 1940- - - J& D 86 X 8556 L o s A n g e les R y 5s 19 3 8 ___A&O 95 L o s A n g e les S u b G as C orp — 1 s t lie n c o ll tru st 7s 1938-M & S 102 M 104 97 L o u isia n a P ow er 1st 6 s ' 4 4 . -J& D 95 L o u is v ille G as & E le c tr ic C o— 93 56 1 s t & re f-5 s 1 9 r>2 ser A -M & N 93 M L o u is v ille H o m e T e lep h o n e— 1 st 5s e x t 7% 1 9 2 5 .______ J& J 100M L o u is v L tg 5s '53 u n stm p d A&O 98 M 94 L o u is v ille R y con M 5 s g '3 0 -J& J 93 M 2 d m tg e 4 M s 1 9 4 0 . .M & S 74 M 74 G en M 5s 1 9 5 0 ___________ F& A 74 M L o u is v ille W a ter— See u n d er Loui s v ille . p . 5 0 . L o w er A u strian H y d ro -E lectric— 86 8556 L u zern e C o (P a) G as & E le ctric— 98 56 1 s t ref& im p g 5 s ’48 o p '1 3 .A&O 98 M 1 s t & re f 6s 1 9 5 4 ____ - ..M & S 101 56 102 102% 104 D e b e n tu r e 7s 1944 - . -J& J 99 97 L y n n & B o sto n R R — See E astern M a ss S t R y 90 M a c o n R y & L ig h t 1st 5s '5 3 -J&J M a d is o n C o (111) L ig h t & P ow er— 96 94 1 s t g 5s 1 9 3 6 --'_________ J& D M a d is o n G as & E le ctric C o— 100 99 101 1 s t 6s 1 9 2 6 _____ _______ A&O M a d is o n R a ilw a y s C o—• 83 80 1 st g 5s 1 9 3 6 _____________ M &N M a d R iv P o w ls t 5s'35 gu o p .F & A 99 M 59 M M a n h a tta n E l con 4 s g '9Q .A & 0 59 M 53 2 d g o ld 4 s 2 0 1 3 — . .............-J & E 52 M _ ft Basis. B id . M a n ila E le c C o 7 s 1942 M&N M an ila E le c tr ic C orp— M a n ila E le c R R & L tg C orp— 1st lien & c o ll tr 5s ’53 M&S M an ila Sub R y s 1 st 5 s 1946 M&S M a n ito b a P o w er C o L td — 1st s f 7s 1941 ser A . M&N M a n u f’rs W a t (P a ) 5s 1 9 3 9 .J & D M arion (O) W a ter C o— 1st m tg e 6 s 1943 ___ _ J& D M a rk et S t E l P a ss R y — S ee P R T M a rk et S t R y (S an F ra n cisco )— 1st s f 7s 1940 ser A Q -J M a r y l’d E l R y s 1 st gu 5s '31 A& O 1st & r e f 6 M s 1957 ser A - .J & J B a lt & A n n S L 5s 1 9 4 6 .-F & A M a ssa ch u setts G a s 4 M s '29 J& J D eb g 4 M s D e c 1931 ..J & J 5% notes" A pr 15 1927 A&O M a ssa c h u se tts L ig h tin g C os—■ D eb g 7s 1 9 2 5 -’2 8 ____ J & D D eb g 7s 1930 A&O M c G a v & M t V— S ee N a s h R y& L M em p h is P o w er & L ig h t Co— 1st & r e f 5s 1948 ser A . J& J 1st & r e f 6 s 1948 ser B _J& J M e m p h is L & P 5s 1 9 3 1 . .J & J M e m p h is S t R y co n g 5s '4 5 .J& J M e r id ia n .L t & R y 5s '44 .M & S M e tr o p o lita n E d iso n Co— R e f & im p 8s 1935 ser A ..M & N 1st & r e f 6 s 1952 ser B F& A 1st & re f 5s 1953 J& J M etro p o lita n P o w er— 1st « s 1QK3 ser A J& D M e t S t R y — S ee N Y R y s M e tr o p o lita n W est S id e “ L ”— 1st gold 4 s 1938 - . . _ F& A E x ten g o ld 4 s 1938 _ _J&J M exican E l L 1 st M g 5 s ’3 5 J& J M e x L t & P o w 1st 5 s '33 s f.F & A M iam i V a lley E le c 6 s 1945 -J & J M ich E le c R y 5 s 1 9 4 8 - . - .J & J Jack C on s T ra c 5s 9 1 3 4 . -M & N M ich igan G a s & E le c Co— 1st & r e f 6 s 1943 . ..M & S M ich ig a n L ig h t 1st 5 s 1946-M & S M ich ig a n N o r P o w 1 st 5 s '41 J& J M id d lesex W ater C o (N J )— C onsol M 5s 1 9 5 0 _______ F& A M id d le W est U tilitie s — 8% go ld n o te s 1935 - ___M & S 8% gold n o tes 1 9 4 0 ---- --- J& D 9916 85% 101 100 98 98 56 97 60 98 V* 95% 100 100 100 97% 102 99 76 93 102 % 92% 102% 75% r r / f M iliv E tn a & Sharps— S ee P h il Co M ilw au k ee C o k e & G a s C o— 1st M s f 7 M s 1 9 3 3 ______ F& A M ilw E l R y & L t 5 s 1 9 2 6 . - -F & A R e f & e x t 4 M s g '31 o p t .- J & J G en & r e f g 5 s 1951 o p t .- J & D 1st & r e f 5s 1961 ser B ___J& D 1st & r e f 6s 1953 ser C ___M&S M ilw L ig h t, H e a t & T ra c— 1st g 5s g u 1929 o p t — M & N M ilw a u k ee G L 1 st 4 s '2 7 - -M & N M ilw a u k ee N o rth ern R y — 1st 5s A pr 1931 ..A & O M inn A n ok a & C a y u n a R ’g e R R 1st 5 s 1935 - . . . . M&N M in n eap G L 5 s F e b '3 0 ___M & S M in n G en E l 1st 5 s '34 op J& D M in n S t R y s— See T w in G ’y R T M in n eso ta P o w er & L ig h t Co— 1st & ref 6 s 1 9 5 0 _________M & N M ississip p i P ow er & L ig h t— 1st & r e f 6 1 6 s 1943 ser A ..J & D M ississip p i ll iv P o w 5s '5 1 - -J & J Sink t'd d eb 7s 1 9 3 5 . M&N M ississip p i V a lley P o w er— 1st M 6 s 1947 __________ M & N M issou ri E d iso n E l 5 s 1 9 2 7 -F & A M o b ile E le c 5 s '46 o p T O .-M & N M o b ile G as im p & r e f 7s '51 J& D M ob L t & R R i s t g 5 s ' 3 7 . -J & D C on s g 5s 194 i _____ _ .M & S M o n o n g a h e la S t R y — S ee P h il C o M o n o n g a h e la V a lle y T ra c tio n — 1st M g 5s '42 o p t '2 2 ____J& D M o n o n g a h e la V a lley W a ter— 1st M 5>6s 1950 series A ___J&J M o n o n g a h e la -W est P a P S C o— 1st lien & r e f 6 s 1928 - -F & A M o n tp elier & B arre L & P Co— 1st ref 5s 1944 - _______ A& O M o n ta n a P o w er— 1st & r e f s f 5s '43 op ' 1 8 . -J & J M on treal L t, H t & P o w C o— lst& co ll tr g 4 1 6 s ’3 2 o p ’12 J&J r G old 5s 1933 o p t 1 9 1 3 ____ A&O M o n trea l T ra m w a y s— 1st & r e f g 5s 1941 o p t ____ J& J G en & r e f 5s 1955 series A_ A&O M o rn ’sid e E l S t R y — See P h ila C o M o u n ta in H o m e T e le p Co— G en 5s 1 9 3 8 -- - - - J&J M o u n ta in S ta te s P o w er Co— 1st & r e f 5s 1 9 3 8 . J&J M t W ash S t R y — See P h ila C o M u n cie E l L 1st 5s '32 op T 2 J& J M u n cie H a rt & F t W a y n e T r— 1st 5s g 1935 o p t 1 9 2 5 ------ J& J M & U C T r C o— S ee U n T r o f Ind M u n icip al G as (A lb a n y , N Y )— 1st M 5 Mis 1952 ser A ------ A&O M u n icip al G as & E le c , R o ch —1st M g 4 1 6 s 1942 o p t T 2 .A & 0 M u n ic S erv ice 5s 1942 — M&S M u sk e g o n T r & L t 1st 1931 M&S M u sk o g ee E le c T r 5s 1934.M & N N a sh v ille R a ilw a y & L ig h t— C ons g 5s 1953 o p t 1 9 0 8 . -J&J R e f & e x t g o ld 5s 1 9 5 8 — J&J M c G a v o ck & M t V ernon— Sum m er S t 1 st M 6s '26 J&J 2d series 6 s J u ly 1 9 3 7 ___J&J N a sh v ille G as & H e a tin g Co— 1st M g o ld 5s 1 9 3 7 — — M&N / T h i s price includes accrued interest, i B o n d s. A sk. k Last sale, n Nominal, 74 69 65 93 28 38 99 9816 95% 106 108 % N a sh v ille W a ter 4 s 1 9 2 8 J& J N a ssa u E l R R — See B k ly n R a p T N a ssa u L t & P o w 1st 5s '27 A & O N a ss a u & S uff L tg 5s 1945 F& A 87 N a t E le c tr ic P ow er C o— Sec g 6s 1 9 4 5 .- - - M&S 101 % N a tio n a l L ig h t, H e a t & P o w er— C o ll tr u s t 7s 1928 series B .J & J N a t P o w & L in c 7s 1972 - .J & J N a t P u b lic S erv ice C orp— 102 C o llt r s f 616s 1955 ser A . F& A N eb ra sk a P o w er 1st 5 s '49 -J & D 1st M 6s 1949 - - - J& D 99 D eb 6s 2 0 2 2 . - - -M & S 98 N e v a d a -C a lif E le c 6s 1 9 4 6 — J& J 98 1 st lien 6s 1950 series B — A& O 65 9 8 % N e v a d a -C a l P o w 6 s 1 9 2 7 ___A&O N ew a rk G as 6s A pr 1 1944 -Q -J 96 100 % N ew a rk C o n s G as co n 5s ' 4 8 . J& D N ew a rk P a ss R y — S ee P S C orp — N e w B e d f & O n set 6s 1928 -J & J N e w B ru n sw ick (C an) P o w C o— 1st M 5s 1 9 3 7 - - - ____ M&S N e w C h ester (P a ) W a ter C o— 1st 5s M a r 1 1 9 4 3 _________M & S 98 N e w E n g la n d E le c S ecu rities— 104 1st coll tr 5s Ja n 3 1 9 3 2 — J& J3 101% N e w E n g P o w 1 st 5s 1951 — J& J 77 N e w E n g T el & T e l 4 s 1 9 3 0 - -J& J 5s g o ld O ct 1 1 9 3 2 ................A&O 1 st 5s 1952 series A ._ J& D 10316 N e w H a v e n W a t 4 H s 1 9 6 2 — J& J 9 2 % N J & H u d R iv R y & F e rry — 1 st g o ld 4s 1950 o p t . . -M & S N .1 P o w & Lt. Ks 19 3 6 F& A N e w L o n d o n G & E 5s '27 A&O 2d m tg e 5s 1 9 2 9 . -A & O C onsul & refg 5s 1933 - J& J 70% 7 5 % N e w M ilfo rd P o w 1st 5s '32 F& A N e w O rleans P u b S erv ice C o— 1 st & r e f 5s series A 1952 A&O G en M 4 1 6 s 1 9 3 5 - - - — J&J 95 In c 6s N o v 1949 series A .J & D 33 Series B . . _ .J & D 43 N e w O rleans R y & L ig h t C o—C a n a l & C la ib 1st 6 s ' 4 6 - -M & N 102 N O C y R R — G en g 5s '43-T & J 99% N O C y & L ak e 5s 1 9 4 3 -J& J 97 N O & C arroll co n 5 s F e b ’3 3 -J & J E d iso n E l 1st 5 s 1929 . J& J N O P o w -H o u se C o 5s '4 1 .J & J S t C h a rles S t 1st g 4 s '5 2 - J& J N ew p N ew s & H am p R y , G & E — 104 10 >56 9 5 Mi in n % 95% 9 7 Vs 80% 98% 95% 97% 101% 99 100 99 96% 98% 101 10216 103 103 % 104 95% 9 -i% 97% 99 10216 10016 92 100 70 68 96 99% 95 102 75 69 9716 10016 95 97 98% 9916 ____ 98% 96 97% 100 9816 88 98 100 90 93 ____ 1/35 91% 81% 106 93 84 95 86 100 103 963^ A sk. 98 85 88 97 101% 100 101 98 104 93 9816 98 102 110 9816 9716 9816 106 94 9916 9816 103 112 99 50 80 82 95 97 50 1015* 95 % 52 10216 100% 99% 101 100 107 55% 94 102 105 101 102 101 89 85% 92 9016 86% 92% 107 93 96 96% 99 95 99% 90 85 N e w p N e w s & O ld P t R y & E l 97 1st g 5s N o v 1 1 9 3 8 ___M & N 98 G en g 5s M a r 1 1 9 4 1 ____ M&S 94 95 N Y C en t E le c C orp— 1st M 5 16s 1 9 5 0 — ______ M & S 9816 9916 N e w Y ork E d iso n C o— 112% 1 st lien & r e f 6 1 6 s 1 9 4 1 ___A&O 11216 1 st 1 & r e f 5s sar B 1944 -A & O s 100 % s 10016 N Y G a s, E le c L t, H & P C o— 102 1 st g 5s D e c 1 1 9 4 8 _______ J& D 10216 P u r m o n c o ll tr 4 s 1949 - F& A 8 >% 8316 99% E d E l 111, N Y , co n g 5 s’9 5 -J & J 99% C en tra l U n G a s 5s g 1 9 2 7 —J& J 10016 E q u ita b le G a s 5s 1 9 3 2 ____ M&S 99% 92 N e w A m ster G a s 5 s 1 9 4 8 - -J & J 94 N Y & E R G as 1st g 5s '4 4 .J & J 97 98 C o n 5s 1945 _______ J& J 9116 9316 N Y & W e stc h L tg 4 s 2 0 0 4 ..J & J 78 79 94 D e b g 5s 1954 o p g u a r .-J & J 95 N o r th U n G as 5s 1 9 2 7 .— M & N 99 100 S ta n d a rd G L 5s 1 9 3 0 __ M & N 99 100 N Y M u n icip a l R y C orp — 1st m tg e 5s 1 9 6 6 ______ . . J & J f 8 0 % N Y & P a T e le p & T elo g C o—■ ____ 1st g o ld 5s F e b 1 1 9 2 6 ____F& A G en s fd g 4 s N o v 1929 — M & N N Y & Q u eens E le c L t & P o w — 1st co n s g 5s A ug 1 1930 — F& A 10016 N Y & Q u een s G as 1st 5s '34 — F& A 90 93 N Y &" Q u eens C o R y 4 s '4 6 -A & O / . . . . S te in w a y R y 1st 6 s 1 9 2 2 — J& J f 2 0 26 N e w Y ork R a ilw a y s— 1st R E & re f 4s '42 o p '1 6 -J & J / 4716 48 G u ar T ru st c tfs o f d e p o s it ___ / 4716 49 A d i in c g 5s J a n 1 9 4 2 ____ A&O / 5 4 B a n k ers T ru st c tfs o f d r p e s . / 4 416 1 B le e c k S t & F F 1st 4 s '5 0 -J& J 53 B w a y & 7 th A v C o n s 5s'43 J& D 66 73 C t f dap s tp d D e c '23 i n t -----7116 68% B w a y S urf R R 1st 5s '2 4 —J& J 71 C en C ro ssto w n 1st 6 s '2 2 . .M & N f 68 O ol & 9 th A v e 1st 5s '93 — M & S / 8% 14 E ig h th A v c^rt in d 6 s ’19 _F& A / 70 L ex A v & P F y 1 st 5 s g ’9 3 .M & S / 3 7 43 S eco n d A ve co n 5s g ’48 gU -F& A / % % T ru st C o ce r tifs o f d vposit — f „ % % R e c eiv er’s c e r tific a te s 1 9 1 4 _ f 30 40 S o u th F erry 1st 5 s 1 9 1 9 — A&O / 80 T h ird A ve— S ee u n d er “ T . ” 3 4 th S t C ro sst 1st 5s ' 9 6 . -A& O 58 63 23 d S treet R y 5s 1 9 6 2 ____ J& J 53 6116 N Y & R ich m o n d G as C o— 1st r e f M 6s 1951 series A .M & N 9916 9916 1st r e f 6 s 1 9 5 2 ____ __ M&N N Y ? ' a te G & E C orp 5 ’s '62 .A & O 98 98% 1st 6s 1953 _________ -J&J 100 102 N e v York S ta te R a ilw a y s — 1 c co n g 4 1 6 s '62 o p '1 3 .M & N 6116 8816 I s t ..o n 6 ) 6 s 1 9 6 2 . . _M&N 8116 N Y S tea m 6s 1947 — ____M&N 10016 10116 N Y & S ub urban G as— -See W estc h ester L ig h t'g N Y T el 1st 4 1 6 s’39 ta x e x .M & N 96% 96% D e b 6s F e b 1 9 4 6 _________F&A 10916 10956 R e f M 6s O ct 1 9 4 1 ______ A&C 10716 10716 N Y W estch & B o s R y — S ee S tea m R R s N ia g a ra F a lls P o w er 5s 1 9 3 2 -J&J 10)16 10116 R e f & g en 6 s J a n 1 9 3 2 . -A&O 101 10456 1 st & co n s 6 s ser A A '5 0 -M & li 106% 107 N ia g a ra L o ck p o rt & O n t P o w er— 109% R e f s f 6s 1958 series A ___F&A 110 1st & re f 5 s 1955 series A . - A&O 99 9816 N o r f & A t l T erm — S ee V a R y & P 9716 r Canadian price, 57% 95 100% 84 108% 99 56 B id . 100 108% 90% 80% 98% B o n d s. A sk. s Sale price. A pril , 1925.] PUBLIC UTILITY BONDS 39 NOTICE.—All bond prices are “and in te rest” except where marked “f ” and incom e and d efau lted bonds. B o n d s. B id . A sk. B o n d s. B id . A sk. N o r f & P o r ts T r—-See V a R y & P P a te rso n & P a ssa ic G as & E le c tr ic N o r f R y & L t 1st 5s 1949 M & N co n so l g o ld 5s 1 9 4 9 M&S 99 93% 94 92% N o rfo lk S t 1st g 5s 1944- -J& J M&N 98 91% 98% P a w tu c k e t G as 4 s 1932 N o r th A m erican E d iso n C o— P e e k sk ill L t & R R 5s 1 9 3 0 - -A & O 90 S f g 6 s M ar 15 ’52 ser A .M & S 15 100% 100% P en in su la r T elep h o n e C o— S f g 6% s 1948 ser B _____ M &S’ 103% 105 F irst M tg e 6s 1 9 4 3 J&J 103 103% ____ 103% N o r th C arolina E le c P ow er—■ C o n v d eb 6 % s ’3 4 ser A -A&O P e n n C en tra l L ig h t & P o w er Co— 1 st s f g 5 s O c t ’40 o p T 6 A&O 93 N o r th C arolina P u b S erv C o—1st & r e f 5s 1 9 5 0 _ -A & 0 99% 1st & re f 5s 1934 o p t A&O 102% 103% 92% 1st & r e f 6s 1 9 5 3 - J& D 93 1 st & r e f 6 %s 1 9 4 4 ____ _F& A ____ 95% 96% P e n n P u b lic S erv ice 5s 1962 F& A 100 ____ S a lisb & S pencer 5s ’4 5 - - M & N 102 1st & re f 6 s 1929 ___- J& D 80% 82% N o r th H u d C o R y — See P S C orp 1st & r e f 7% s 1935 ser B J& J 105 104 N o r th H u d son L t, H & P Co 103 1st & r e f 6s 1947 ser C_ M & N 94% 93% (H o b o k en , N J) 5s 1938 -A & O 1st & re f 5s 1954 ser D J& D 97 N o r th Jer S t R y — See P S C orp C o n v d eb 6 % s 1 9 3 8 - - -M & S 101 N o r th Shore E le ctric C o— P e n n sy lv a n ia E d iso n C o— 96 1st M 5 s 1946 ser A ____ -A& O 95 1st & re f g 5s ’40 op ’2 0 ___A&O 97 98 N o r th Shore G as C o o f Illin o is— 1st M 6 s 1 9 4 6 _______ M&N 101 1st go ld 5s 1937 o p t ______ F& A P e n n sy lv a n ia E le c tr ic C orp— 98 N o T ex a s G as 6s 192 - 3 2 ___A&O 97% 96 D e b g 6% s 1 9 5 4 _________A&O 99% N o r th C a lif P ow 5s 1 9 3 2 ___J& D 100 P e n n sy lv a n ia L tg 5s 1 9 4 0 — J& J 98% R & con s s f 5 s ’48 op ’1 5 --J & D 99 99% P e n n sv lv a n ia -O h io P o w & L t—93 N o r th In d G as & E l 6s ’5 2 - -M & N 97% 1st & r e f 5% s ’54 ser A — J& J 99% 100% 98% 97% l s t r e f 5s 1 9 2 9 - - - ____ .-A & O 98% D e b g 6 s 1 9 3 9 - _________J& J 99% 102 N o rth ern N Y U tilitie s , In c— ■ P en n -O h io E d iso n 6% s ’27 J& J 101% 98 1 st M & r e f 5s 1963 - - -J& J 97 95 Y o u n g -S h R y & L 5s '31 -J& J 97 1st lien & r e f 7s 1946 A --M & N P e n n sy lv a n ia P ow er & L ig h t— 110 114 1st lien & r e f 6s 1947 B . M &N 106% 1st & r e f 7s ser A 19 5 1 - F& A 101 103 95% 1st 1 & re f 6s 1943 C ____ M & N 95 100% 1st & r e f 5s 1952 ser B -A & O 102 1st 1 & ref 5% s ser D ’4 9 - -J& D 103% 9S 1st & r e f 6s 1953 ser C - - - M & S 99% 95% 95% W atertow n L & P 5s 1959 J& J 1st & r e f 5s ser D 1953- M & S 97 99 101 100 N o rth ern O hio P ow er— P e n n sy lv a n ia U til 6% n o te s 1926 101 10-yr 7s 1935 w h en i f & as iss__ P en n W a ter & P o w er s f 5 s ’4 0 J& J 100% 83 85 N o rth ern O hio T rac & L igh t— 1st r e f 5 % s 1953 ser A - . .A & O 101 101% ____ 92 1 st con sol gold 5s 1 9 3 3 ____J& J P e n sa co la E l C o 1st 5s ’3 1 - -F & A 84 94 82 P e o p le ’s G L & C o k e, C h ica g o — 1 st co n so l go ld 4s 1 9 3 3 ____ J& J 84 110 108% 1 st lien & r e f 5s 1 9 5 6 F& A 80 1st co n s g 6 s 1 9 4 3 - A&O 96 95% Secu red 6s 1926 - - - - -J & D R efu n d in g g o ld 5s 1 9 4 7 - -M & S 98% 99% mo G en & r e f 6s 1947 ser A M&S 99% C h ic G L & C 1st 5s 1 9 3 7 .-J & J 9 .% 95 % 99% 99 N o r th O nt L & P 6s A pr ’3 1 -J& J C on su m G as 1st g 5s '36 J& D 97% 97% 90% 91% N o rth ern S ta te s P ow er C o— Ind N a t G&O g 5s ’36 gu M & N 1st & r e f 5s 1 9 4 1 . - -_ A & 0 95% . M u tu a l F u el G as g 5s ’4 7 M & N 96 96% 95% 1st & r e f 6 s 1941 ser B ___A&O 103 104% P e o p le ’s T ra c tio n — S ee P h ila R T C o n v 6% s 1 9 3 3 -___M & N 108% 10 % P eoria B lo o m & C ham p T ra c—■ ____ 87 6% % go ld n o te s 1 9 3 3 ___M & N 1st gold guar 5s 1 9 3 6 ____M & N 101 101% ____ 1st lien 6s 1948 ser A ____ M & N 102 P eoria R y 5s 1 9 2 6 _________F& A 103 94 93 N o r S ta tes P o w o f W is— See W is- M in n L & P P eoria W W C o pr 1 5s ’4 8 M & N 64% 66 N o r th e r n S ta tes E le ctric C o— 1st co n 4s 1 9 4 8 ___— _M&N C o ll tr s f g 5s 1940 o p t --J & J 1st con 5s 1 9 4 8 - ____ - M & N 80 83 N o rth ern T ex a s T ra c tio n C o—38 D e b 4s 1 9 5 0 ____________ M & N P h ila d elp h ia C o m p a n y — 1st g 5s 1933 o p t 1 9 1 3 ____J& J 95 96 102% N o r W estch L tg 5s 1 9 5 5 ____ J& D 1st co ll tr u s t g ’5s 1 9 4 9 — M&S 95% 95% C on s M co ll tr g 5s 1 9 5 1 -M & N N o rth w e ster n E le c tr ic Co— 94% 95% 101 102% 104% 104% N o r th w e ste r n E le v a te d (C h ic)— 1 st re f & c o ll t r 6 s ’44 ser A F & A 95% 96 1 st m tg e 5s 1941 o p t ____ M & S C o n v d eb 5 % s 1 9 3 8 -M&S 80 81 80 U n io n E l (L oop ) "s g ’4 5 - -A & O A lle g B e lle & P er 5s 1 9 3 5 -A&O 75 75% 77% 59 53 N o r th w e st G as L & C ok e (C hic) A rdm ore S treet 5s 1 9 5 8 - -A& O C en tral T ra c 1st 5s 1 9 2 9 - -J& J 80 85 ■ C on s g 5s D e c 1 1 9 2 8 -- -Q -M 90 85 C icero G as gen & r e f 5 s ’3 2 - J& J C itiz e n s ’ T ra c 1st 5s ’2 7 - -A & O N o r th w T eleg — S ee W U T eleg D u a u e s n e L ig h t 6s 1 9 4 9 ..J & J 106 105% 1st & c o ll tr 5% s ’49 B .J & J 104% 105 N o r w ic h (C t)G a s & E g 5s’2 7 -J & J 100 102 81 D u a u e s n e T ra c 1st 5s ’3 0 - -J& J 85 N o v a S co tia T r & P o w 5 s 1946 - - • 84 85% 70 75 F e d S t & P V 5s M a y 1 ’4 2 -J & J O gd en G a s 5 s 1945 - - M&N 93% 94% F t P it t T ra c 1 st 5s 1 9 3 5 - -J& D 73 O h io &JNTor G as 7s 1 9 2 5 ___M & N 77 101 101% M illv E t & Sh 5s 1 9 2 3 - - -M & N 73 O hio P 8 w 1st 7s 1951 ser A - .J & J 107 107% M o n o n g S t R y 5s g 1 9 2 8 -J & D 78 1 st & re f 5s 1952 ser B . J& J 92 92 W ilk & E P it 1st g 5s ’29 -M & S 103% 78 1 st & re f 6s 1 9 5 3 - - - - ..M & S 102% D e b g 6s 2 0 2 4 __________ J& D M o r n ’sid e E l S t R y 5s ’33 A&O 92 78 93 M o u n t W a sh in g to n S t R y — O h io P u b lic S ervice C o— 1st & co ll tr gu 5s 1 9 3 3 -A& O 82 1st M & re f 7 %s '46 ser A . A&O 116% 110% P it t s A lle g & M g en 5s ’3 0 A&O 80 1 st & re f 7 s '47 ser B ___.F & A 75 108 109 P it t s & B ir T r 5s g 1 9 2 9 -M & N 1 st & r e f 5s '54 ser D . _ M & S 77 90 92 90 B K & A T ra c 6 s 1 9 3 1 . -M & S O h io R iver E d iso n C o— 85 B ro w n sv A v e 5s 1 9 2 6 - -F & A 75 80 1st m s f 6s 1948___J& J 101 101 % W L ib e r ty 1 st g 5s ’3 0 . -J& J O h io S ervice 1st 6s 1937 --M & N 70 75 100 102 P it t s & C harleroi 5s ’3 2 - -M & N O hio S ta te T elep h o n e— 77 73 C o n s & r e f s f 4s-5s 1 9 4 4 --J & J P itts b R y s 5s 1 9 5 3 — -A & O 99% 70 75 100% P it t s T ra c 1 st 5s 1 9 2 7 ___A&O 83 O h io W ater 6s Ju n e 1933 - - ___ 98 85 100 So T ra c 1st & co ll tr g 5s ’50 A&O O k lah om a G as & E le ctric— 55 50 79 2d A v e T r 1 st 5s 1 9 3 4 ____ J& D 1st M g 5s '29 op a ft T 4 -A & O 102% 75 108 1st & r e f 7 %s 19 4 1 ______ F& A G old 5s J u ly 1 9 3 3 - . - J& J 80 85 U n ite d T ra c 5s 1997 c tfs ._ J & J 59 7% n o te s 1 9 2 6 - . - - - - U&A 101% 53 W est E n d T ra c co n 5s ’3 8 -J & J 1 st M 5s 1 9 5 0 - . - ____M fcS 73 75 95 100% D e b e n tu r e gold 6s 1 9 4 0 __ M&S 100% 98% P h ila E le c t 1st 5s 1 9 6 6 - - -A & O 83% O k la h o m a G eneral P ow er C o— 1st M 4s 1 9 6 6 ___________ A& O 83 1st M 6 s 1952 series A . A&O 1st lien & r e f 6s 1941 .- J & D 107% 106 107 O k lah om a R y 1st & re f 5s '41 J& J 1st & r e f 5 % s 1 9 4 7 - J& D 50 55 104% 105% 104% 1st lien & r e f 5 % s 1953 -M & N O m ah a & C o u n cil B lu ffs S t R y — 82% F irst lien & re f 5s 1 9 6 0 ___J& J 99% 1st co n so l g 5s 1 9 2 8 ______ J& J 84 99% O m ah a & C ou n B lu ffs R y & Br P h ila & G arretsford S t R y — 91 1st co n s g 5s Ja n 1 1928 — J& J 93 1st 5s 1 9 5 5 _______________F& A 85 83 O n tario P o w 5s ’43 o p to ’1 3 -F & A 99% 99% P h la d elp h ia R a p id T ra n sit— O n tario T ra n sm issio n C o L td — C o ll tr g 5s 1957 o p t s f._ F & A 86 87% 1st gu g 5s '45 o p b e f T 6 - - M &N 99 98% S f guar 5s ’6 2 o p t ’1 7 ____M&S O ra & P a s Val R y — S ee P S C orp E q tr 5% s ’2 5 -’33 (s-a)__F & A 100 O regon E le c R y 5s ’33 n p t-_ M & N 63 66% E q 5% s ’2 5 -’34 (y r)_ _ J & D 15 b 5 .5 0 to 4 .75% O tta w a E le c 1st g 5s 1933 J& D D a r b y M e d ia & C h e s S t R y 98% 99% 1st 4 % s ’3 6 o p t ’16 g u .- J & J P a c ific C o a st P o w 5 s 1 9 4 0 -M & S 83% 81% M a r k e t S tr e e t E le v P a ss R y P a c ific E le c R y g 5s 1 9 42- -J & J 89% 90 1st g gu 4 s 1 9 5 5 - ___ M & N L o s A n geles P a c ific C o— 85 85% U n io n T ra c tio n — 79 1st r e f g 4s 1950 o p t ’ 1 5 - -J& J L A -P a c R R con "5s '3 1 -A & 0 94% 94% E le c & P eo 4 s tr c tfs ’4 5 - A&O 63 63% 84% L A P a R R C al 5s ’4 3 - -M & S P e o p le ’s T r a c tio n Co— 84% 95 P P R y tr c t f s 4 s ’43 _F& A L o s A ng & P a s 5s g 1 9 28- J& J 97 66 68 87 W P h ila P a ss 2d 5s ’2 6 -M & N P a sa d en a & M t L 4s ’5 0 --J & D 86 99% P a c ific G as & E l re f 5s '4 2 ___J& J 94% 95% P h ilad elp h ia Sub u rb an G as & E lec 100 1 st & re f 7 s 1940 series A -J& D 1st M & r e f g 5s ’60 op ’15 F& A 98 109 103% 1 st & r e f M 6s 1941 ser B -J & D 101% G en M 6 s 1 9 6 9 - _ J& D 103 103% 1 st & r e f 5% s 1952 ser C -J & D 100% 99% 1st co n so l 6s 1 9 4 3 - _ J& D 102% P a c ific G as & E le c (A rizon a)— P h ila & W C h es T r 4 s 1 9 5 4 - - J&J 75 92% 94 P h ila & W est R y 5s I 9 6 0 - - -J & J 1 s t M 6 s Jan 1 9 3 1 -- J& J ____ P a c ific G as Im p 4s S ep t '3 0 -Q -M P in e B lu f f C o 5s 1942 __ -J & J 94 96 P a c ific L ig h t & P ow er C orp— 1st 6s 1 9 4 2 - - - - . - -J & J 102 100 100 P itts A lle g & M a n — S ee P h ila C o 1 st & r e f s f g 5s 1951 o p -M &S 99 P a c L & P Co 1st 5s '4 2 - -J& J 100% P itts & B irm T r— S ee P h ila Co 109 P itts & C harleroi— S ee P h ila Co G u a ra n tee d - . _ ___ P M c K & C on — S ee W P e n n R y s P a c ific L ig h tin g C orp— 100% P ittsb u r g h T ra c— S ee P h ila Co S ecu red g 6s 1940 _____ F& A 100% P a c ific P o w & L 1st 5s ’3 0 - -F & A 98% P ittsb u rg h R y s— S ee P h ila Co 98% 1 st lien & gen M 8s 1 9 3 0 --F & A 100 104% 105% P o n tia c L ig h t 1st 5s 1 9 2 7 - -J& J 99% P a c ific T e le p h & T elegrap h — P o rtla n d (M e) E l 5s ’26 o p t F& A 100% 99 100% P o rtla n d (Ore) E le c P o w er C o— 1 st & co l tr s f g 5s 1 9 37- J& J 2 100 97% R e f M 5s 1952 series A ___M&N 1st 1 & r e f 6 s 1947 ser B .- M & N 96% 95% 95% P o r tla n d (Ore) G as & C oke— 95 P arr S h o a ls P o w 5 s 1952 -.A & O 93% 97% 1st & r e f g 5 s ’4 0 o p t ’2 0 - -J & J 96 P a s a & M t L ow e— S ee P a c E l R y 1st g en era l 7 s 1940 -J & J 104% 106 P a te r so n R y — S ee P u b S erv C orp P o r tla n d G a s 1 st 5s 1 9 5 1 -F & A 98 b Basis. /T h is price includes accrued interest, k Last sale. I In London, n Nominal, B o n d s. 1 st 1 & co n m 5 s 1 9 4 5 - --M & N o rtla n d R y L t & Pow er— 1 st & r e f s f 5s 1942 o p .- .F & A 1st & r e f 6s 1947 series B .M & N 1 st 1 & r e f 7 1 4 s ’46 ser A .M & N P o r t l’d R y r e f 5 s ’3 0 o p .-M & N C it y & S ub co n 4 s '3 0 --J & D P o r t G en E le c 1 st 5s '3 5 --J & J o rtla n d (M e) W a ter 4s ’2 7 F& A o rto R ico R y s , L td — 1st g 5 s N o v 1 1936 o p .- M & N G en & r e f 5s £ 1 9 6 2 ______ M & N C o n s M g 5s 1936 gu ar___J& J G en lien & r e f 6 s 1 9 5 3 ____ A&O R efu n d in g 7s 1 9 4 1 ________A&O o w er Secur co ll tr 6s ’49 __ J& D In c o m es Ju ne 1 9 4 9 _______F& A B id . A sk. 65 80 67 83 86% 96 % 106 95 % 87 98 % 99 85 70 95 100 99 104 107 88 71 C o n v s f d eb 7s 1 9 3 3 _____ A&O 100 % 1st & r e f 6s 1953 series A __M & S 98% 1 st & re f 5% s 54 series B .M & S 92 % u b lic S erv ice C o o f N o r 111— 1 st & r e f g 5s 1956 op ’2 1 -.A & O 93 % P u b lic S erv ice C o o f O k lah om a— 1 st M 6s series B 1 9 4 9 - -- M & S 99 % P u b lic S erv ice C orp o f N J— T ru st certs 6% p erp et_ _ _ M & N 98% 104% G en g 5s O ct 1 1959 o p - _ _ A & 0 C ertifica tes o f d e p o s it___ 100 S ecu red 6 s 1 9 4 4 ___________ F& A 95 % C a m d en Sub 1st 5 s 1 9 4 6 - _J& J 15 C o n s T ra c 1st 5 s 1 9 3 3 - . . J& D 78 E liz P la in f & C en t J e r se y R y — 1st g 5s D e c 1 1 9 5 0 ____J& D 68 E liz a b e th & T re n t 5s ’6 2 -A&O 78 J C H o b & P a t 4 s 1 9 4 9 .-M & N 60 N ew a rk P a ss co n 5 s ’3 0 ___J& J 86 N ew a rk T erm R y 5s ' 5 5 . -J & D 94 N H u d C o R y co n s 5 s ’2 8 - - J& J 90 2d 5s e x t a t 6% t o ’2 6 -M & N 100 N o r J er S t R y 4s 1 9 4 8 - -M & N 82 Or & P a ss V al 1st 5 s ' 3 8 - -J& D 68 P a te rso n R y — C on 6 s g ’3 1 .J & D 90 2d 6s ’14 e x t 5% t o '4 4 -A & 0 60 R iv er sid e T ra c 5s I 9 6 0 . -J & D 75 So J er sey G as E l & T ra c— G uar g 5s M a r 1 1 9 5 3 --M & S 96 P u b lic S erv ice E le c P o w C o— I s t M s f 6s 1 9 4 8 __________A&O 104^ P u b lic S erv ice E le c & G a s Co—1st & re f 5 % s 1 9 5 9 _______ A& O 99% 1st & r e f 5 % s 1 9 6 4 _______ A& O 99 P u b lic U tilitie s E v a n sv ille — 1 st & r e f 6 s 1 9 2 9 _________J& J 100 P u g e t S oun d P o w er C o— 1st g gu 5s 1933 o p t _____ J & D 99 P u g e t Soun d P o w er & L ig h ts— 1 st & r e f 5 % s 1 9 4 9 _______J & D 98 P u g e t S ound E le ctric R y — 1st co n so l g 5 s '32 o p -_ F & A 89 T a co m a R y & P 5 s '2 9 -A & 0 96 Q u eb ec P o w er Co— 1 st M s f 6 s 1953 ser A -A & O 100% Q u eb ec R y L t H & P o w — 90% C o n s g 5s 1939 o p t ------------ J& D Q ueens B or G as & E l 5s ’5 2 _ J& J 96% 103% R e f 6 s 1 9 5 3 _______________ M & S Q u in cy (111) G a s E le c & H e a t— 88 1st co n s g 5s 1935 o p T O .M & S Q u in cy G & E 5s 1 9 2 9 - - -M & S 97 Q u in cy (111) R y 5 s 1 9 3 2 - - -F& A 89 R a cin e (W is) W a ter 5s ’3 1 -M & N 93 ~ R a ilw a y & L ig h t S ec 5s v a r -------R ap T r S t R y — S ee P u b Ser C orp 99 R ea d in g T ra c 6s 1 9 3 3 ------------J& J 90 R ea d & W orn— 1 st 5s g ’2 5 -J & J i-i & P R ed W in g G L & P — S ee W is-M in R h in ela n d er L ig h t & P o w er Co— 100 1st g 6 s 1 9 3 6 _____________ J& J R h o d e Isla n d S ub 4 s 1 9 5 0 - -J& J R ich m o n d (S I) L t & R R —77 1st co ll tr g 4 s 1 9 5 2 ------------J& J R io d e Jan eiro T ra m L t & P — 87% 1st g 5s 1 9 3 5 --------------------- J&J R iv ersid e T ra c— S ee P u b S er C orp 99 % R o a n o k e G L 5 s 1 9 2 7 ---------- A&( 96 R o a n o k e R y & E l 5s 1953--F& V ' 87% R o a n o k e T r & L t 5 s 1 9 5 8 - -F& A 97 % R o a n o k e W W 1 st 6 s 1 9 3 6 -- J&J 85% G en g 6s 1 9 3 4 --------------------M & S R o ch ester G a s & E le c C orp— 110 . G en M 7s 1946 series B __M & f 103% G en M 5% s 1948 series C -M & f 99% R o ch R y & L t 5s '54 o p t ------ J& . T a x e x e m p t-------------- - - - - - - - - 95“ R o ch R y co n s 5 s g 1 9 3 0 - -A&J 87 2d 5s g 1 9 3 3 ------------------J& E R o ch ester & S y ra cu se R R — 60 1 st M co n v 5s 1 9 5 7 -------98 R o ch T elep gen 5s 1 9 3 3 ---- A&O 104% 1st & r e f 6 s 1 9 4 6 ----------------A&C R ock ford (111) E le c tr ic C o— 99 1 st & r e f s f 5s ’39 op ’14-M&_ R o m e (G a) R y & L 5 s ' 4 6 - -A&C R o m e (N Y ) G a s, E le c L t & P — 96 1st 5s 1 9 3 1 _______________ J& E 95 1 st re f 5s 1 9 4 6 -------------- - - - - - R um ford F a lls P o w 4 s 1 9 4 5 -A & C 85 93 G en M 4 % s D e c 1 9 2 9 ---J & D 79 R u tla n d R y L t & P 1 st 5 s ’46-M & S S a cra m en to E le c G as & R y — 100% C o n s 5s N o v 1 1 9 2 7 -------- M & N S t C h a rles S t R R — S ee N Orl R y & L t S t C lair C o u n ty (111) G as & EL— 1 st co n s guar 5s 1 9 5 9 ------ M&S S t J o sep h G as— 1st 5s 1 9 3 7 - -J & J S t J o sep h R y , L t H e a t & P o w er— 89% 1 st g 5s N o v 1 1 9 3 7 -------- M & N S t L ou is R R —-See U n R y s (S t L) S t L ou is S p rin g f & P eo ria R R — 85% 1st & r e f gu g 5s ’39 o p t_ _ J & r 99 S t L ou is & S p rin g f 5s ’3 3 -J & E S t L & S ub R y — S ee U n R y s (S t L) S t L T ra n — S ee U n R y s (S t L) S t M a u rice P o w er L td — 1 st M 6 % s 1 9 5 3 __________ F&A r Canadian price, ? Sale price. 87 107 95% 99% 98 100% 99% 92 77 101% 99% 93% 94 101 99% 104% 101 96 20 80 80 62 88 95 84 79 97 104% 100 % 100 101 98% 101% 92 97% 104% 90 99 91 101 100 79 88 % 99 89 98% 86% 110% 103% 100 97“ 90 61 100 105% 101 98 97 90 96 82 90 40 [V ol. 120. PUBLIC UTILITY BONDS N O T IC E .-—A ll b o n d p ric e s a re “ a n d i n t e r e s t ” e f c e p t w h e re m a r k e d “ £” a n d in c o m e a n d d e f a u lte d b o n d s . B o n d s. B id . A sk. S t P a u l C ity R y — S ee T w in C ity R T S t P a u l G as L ig h t—■ G en g o ld 5s 1 9 4 4 _________ M&S 91 100 G en & r e f 5 34s 1954 ser B _ J & D 9914 100 G en & r e f 6 s 1 9 5 2 _________ J& J 10314 10414 S a lisb u ry & Spencer— See N o Car o P u b S erv S a lm o n R iv P o w g u 5s ’52 op F& A 9914 10014 S a lt L a k e T erm 6 s 1 9 3 5 ____ J& D S a lt R iv er V al W a ter U sers A ssn 6 s 1 9 3 8 ____________________ F& A 100 10214 S an A n to n io G & E 5 s 1 9 4 9 -M & S 97 S an A n to n io P u b lic S e r v ic e l s t r e f 6 s 1952 series A ___ J& J 1 0 1 1 4 10114 S an A n to n io W ater S u p p ly — 1 st & r e f s f 5 s ’33 o p ’13 -F & A 100 9914 S an D ieg o C o n sc l G as & E le c — 1 st g 5s 1939 o p t 1 9 1 4 -_ -M & S 99 1st & r e f 6 s 1939 ser A .-M & S 10214 91 1st & r e f 5s 1947 ser B__M & S 92 1st & r e f 6 s 1947 ser C .--M & S 102M E l Ry S and F rem & So R y — S ee L ak e Sh S an Fran G & E 434s 1 9 3 3 --M & N 97 9614 N o t ca lla b le _________________ _ — 96 S an J o a q u in L t & P ow er C orp— 1st & r e f g 6 s ’50 ser A --F & A 103 10314 Series B _______________ 101 102 Series C _______________ 103 10314 107 U n if & re f 7s 1 9 5 1 _______ M&S U n if & r e f 6 s 1952 ser B --M & S 10014 10014 U n if & r e f 6 s M a y 1 ’54 E _M &S 9914 100 San J oaq u in L i ;ht & P ow er— 99 1st 5s 1945 o p t a ft T O --J & D 9914 S a n tia g o (C ub a) E le c L t & Tr— • 1 st g 6 s 1959 o p t 1 9 1 9 ____J& J 95 97 Sao P a u lo T ra m , L t & P r , L td — 1st g 5 s J u n e 1 1 9 2 9 _____ J& D 9214 9314 S a v a n n a h E le c & P ow er C o— 106 1st & r e f 7 34s 1942 ser A .A & O S a v a n n a h E le c C o 5s g ’5 2 -J& J 89 92 S a xon P u b lic W ork s, In c— 1st M sin k fu n d 7s 1 9 4 5 --F & A 92 9214 92 S a yre (P a) E le c 5s 19 4 7 ____ A&O 94 S ch e n e c ta d y R a ilw a y C o— 1st M 5 s 1946 o p t 1 9 1 9 - . -M & S 60 62 S ch u y lk T rac— 1st 5s 1 9 4 3 --A & O S cra n to n E le c 5s ’37 o p t ’12 -J & J l6I” 9914 8 % go ld b on d s J a n ’3 1 - -A & O Scrar.ton R y — 1 st 5s N o v '32 _J& J 82” 84” 1st & r e f 5s 1 9 4 7 _________F&A 81 Scran T rac 1st 6 s g ’3 2 --M & N 93 — Scran & W ilk es-B arre T r C orp— 92 C o ll tr u s t 6 s 1 9 3 4 - - ______ A&O 95 1 st & r e f 5s 1 9 5 1 __________ F& A 77 79 100 S e a ttle E le c 1st g 5 s ’30 o p t-F & A C on & re fg s f 5s 1 9 2 9 ____ F& A 100 — S e a ttle -E v e r e tt T raction — 90 1st M g 5s 1939 o p t 1 9 1 4 .-M & S 92 97 S e a ttle L tg 1st 5s ’44 o p t TO-M &S R e f g 5s 1949 o p t 1 9 1 4 - - - A & 0 8714 8914 G en M tg e 7 s 1 9 2 9 _________ J& J 100 101 S econ d A v e— See N Y R y s ______ S econ d A v e T rac— S ee P h ila Co-—S en eca P o w C orp 6 s 1 9 4 6 --M & S S h aw in igan W a ter & P ow er— • 101 1 st co n s s f 5s 19 3 4 _______ J& J 102 10214 1 st r e f 5 34s Jan 1 1 9 5 0 ---J & D 10314 1st r e f 6 s 1 9 5 0 _____________J& J 10514 106 S h e b o y g a n E le c— See E a s t W is E l ec Co S h rev ep R y s — 1st 5s ’2 5 -’4 4 -J & J S ierra & S an F rancisco P ow er— 91 1 s t g 5s 1949 o p t _________ F& A 9154 84 2 d M 6 s 1949 series A _____ J& J 87 2 d M 5 s 1949 series B ____J& J 75 7714 S o m erset U n & M id d le se x L tg — 82 M tg e g 4 s D ec 1 1 9 4 3 ____ J& D 85 So B en d & M ish a w a k a Gas-—• C on s g 5s 1926 o p t 1 9 0 8 ___J& J So C ar G a s & E l 6 s ’4 2 -.M & S 1 5 88 L 8714 85 C o n v 6 s D e c 15 ’3 2 --J & D 1 5 S o u th C o v & C in S t R y —-See C in N e w & C o v R y S o u th F erry— -See N Y R y s — S o u th Jer G E & T-— See P u b S erv C orp Souuh P ittsb u r g h W ater C o— 90 1st lie n & re f 5s 1960 ser A -J& J 91 S o u th er n B e ll T olep & T oleg—■ 1st s f g 5 s 1941 c p t 1 9 1 6 --J& J 9954 100 S o u B ’v a rd — S ee T h ird A v e R y — S o u th er n C aliforn ia E d iso n —9914 G e n g 5s N o v 1939 o p t ___J& J 100 G en & r e f g 6 ? 1 9 4 4 _____ F& A 103M 101 ’ R e fu n d 6 s 1 9 4 3 __________ A&O 102 w G en & r e f 5s 1 9 4 4 ______ F& A 9314 9414 103 S o u th er n C a l G as 6 s 1 9 5 0 --M & N 104 1 st & r e f 6 s 1958 series C - -J & D 10014 :::: 1 s t & r e f 7s 1951 s o il is A__M &S S o u th to C a lif T elep h on e— 96 1st M 5 s 1 9 4 7 __________________ 97 S o u th ern C an ad a P r C o L td —• 1 st & r e f 6 s 1948 ______ M & S r 10214 S o u th ern C olorad o P o w r Co— 95 1 st g 6 s 1947 seri s A _____ J& J 96 S o u th ern C o u n tie s G as C o o f C a lif 1st g 5 J4s M a y 1 9 3 6 ____ M & N 9614 9714 S o u th ern I llin o is L t & Power-— 101 1st M 6 s 1931 o p t ________ J& J 10214 S o u th N E T e l ip 1st 5s ’4 8 - - J& D S o u th er n P o w 5 s 1930 o p t.-M & S 9914 10014 S o u th er n Si irras P ow er— 10214 1 s t s f g u 6 s S ep t ’36 o p ’18-J& J 10314 S ou th ern T rac— See P h iia C o— S o u th er n U tilitie s 6 s 1 9 3 3 - -A& O 9914 101 S o u th er n W iscon sin E le c C o— 98 1 s t g 6 s 1 9 3 6 _____________ J& 100 88 S o u th er n W ise P o w 5s ’3 8 - -A & O 89 S o u th w estern B e ll T elcp — 1st & r e f M 5 s 1954 ser A .F & A 9814 9814 S o u th w e s t G & E 5 s 1 9 3 2 - -F & A 9554 9614 9414 G en M 6 s 1 9 5 7 ___________ M & N 9514 S o u th w e s t P o w er C o— 99 102 1 st M 6 34s 1944 series A .M & N S o u th w estern P o w er & L ig h t— 92 93 1st lien 5 s 1 9 4 3 ___________ J& D 92 D e b g 6 s 2022 series A ____ M&S 9014 66 98 1 st 1 & co l 6 s 1957 ser A .- M & S S W M isso u ri R R 5s 1 9 3 1 --M & S — S W M o E l R j/ref 5s ’2 3 - -M & S 166” S p rin g B r ’k W ater— 5 s g ’2 6 -A & 0 99 166” 1 st r e f 5s 1 9 6 5 _____________A&O S p rin g V al W a t 1 st 5s ’4 3 - -M & N 9654 9754 B o n d s. A sk. S p rin gfield (O) L t, H t & P o w er— 1st s f g 5s 1 9 2 9 __________ F& A 99 G en eral & r e f 5 s 1 9 3 3 ____ A&O 9814 9914 S p rin gfield & N E T r— 1st 5s 19 3 6_______________ J& D 8414 ______ S p rin gfield (M o) R y & L t C o— 1st s f g 5s 1926 o p t _____ M &N 9954 10014 S p rin gfield (O) R y 1st 5s ’35 M & S 1st M 5s 1 9 2 5 -1 9 3 5 _____ M & S S tan d ard G as & E le c o f D ela w a re C o n v d eb 6 H s 1 9 3 3 _____ M&S 11214 113 6% g n o te s 1 9 3 5 _________ A& O 9714 100 C o n v g d eb 6 J 4 s 1 9 5 4 ____ J& J 116 11614 S ta te n Isla n d E d iso n C orp— R e f & im p t 6 34s ’53 ser A _J& J 10414 10634 S tein w a y R y — S ee N Y & Q ueens )o R y S u b u rb an G a s C o o f P h ila d e lp h ia 1st s f g 5s A pr 1 ’52 op ’0 7 A&O 100 — Superior W a ter, L ig h t & P o w er— 1st 4 s M a y 1 9 3 1 _________ M & N 93 R e f 5s 1 9 2 9 ______________M & S 94 S y racu se G as g 5s 1 9 4 6 _____ J& J loo” 9814 S yracu se L a k e Shore & N o r th — 1st M g 5s ’4 7 o p t T 7 .- - M & N 44 S yracu se L ig h tin g 5s g 1 9 5 1 -J & D 9 ” 14 9954 S yrac R a p T r 1 st g 5s 1946-M & S 8514 8634 2d m tg e g 5s 1 9 3 0 _________ J& J 86 T a co m a R y & P — S ee P u g e t Soun E le c T a co m a W a t Sup 1st 5s ’2 5 -J & J T am p a E le ctric Co— 1st M g 5s 1933 s f o p ___J& D 98 — T am p a G as 5s 1937 o p t ___M & N T en n esse e E le c tr ic Pow er— 1st & r e f 6 s 1947 ser A ___J& D 1 0 1 It 10114 T en n P o w g u 5 s 1962 o p t-_ M & N 93 9114 T en n W a ter 1 st 5 s 1 9 4 6 ___M & S T erre H a u te In d ia n a p & E a st— 1st & r e f s f g 5s ’45 o p t--A & O 64 62 T erre H a u te T ra c & L ig h t— 1st con M g 5 s 1 9 4 4 _____ M & N 87 85 T erre H a u te E l 5 s 1 9 2 9 ___J&J — 99 T erre H a u te W W Corp— 1st M 6 s 1949 ser A ______ J & D — T exark an a G & E 5s 1 9 3 0 ___J& J 9614 T ex E le c R y d eb 6 s 1 9 4 2 ____ J& J 90” 87 1st & r e f 5s 1 9 4 7 __________ J& J 8314 8234 T e x T ra c 1 st 5s ’3 7 o u t ___J& J T ex a s P o w & L t 1st 5s ’3 7 - -J & D 98” 9 ?-54 D e b g 6 s 2 0 2 2 ser A ______ J& J 91 90 T e x a s P u b lic S erv ice 6s ’3 3 - -J& J 100 98 T h ird A v e n u e R y (N e w Y o rk )— 1st r e f g 4 s 1960 o p t a ft T 4 J& J 5314 5^34 40 4034 ! A dj in c g 5s Ja n 1960 o p t-A & O T h ird A v e R R 1st 5s g ’3 7 -J & J 9554 9354 D r y D o c k E B w a y & B a tte r y 1st 5 s g o ld 1 9 3 2 ________J& D 85 78 N e w r e f M ser C in c o m e ___ 10 4 42d S t M & S t N 1st 6 s 1920 e x t a t 5% t o 1 9 4 0 _________ M&S 75 Sou B o u lev a r d g 5 s 1 9 4 5 - -J & J 57 85 U n io n R y 1 st 5s g 1942 . _F&A 80 W e s tc h e s te r E l 1st 5s a: ’43 J& J 71 67 Y o n k ers R y 1 st 5s 1 9 4 6 - -A & O 70 65 T h irty -fo u rth S t C ro ssto w n — See lY R y s T o h o E le ctric P o w er (J a p a n )— 1st s f 7 s 1955 sor A - - .M & S 1 5 s 9034 T o le d o B ow l G reen & S o u th ern 1st M 6s 1 9 4 1 ___________ M & N T o le d o E d iso n 1 st 7 s 1 9 4 1 .-M & S no” 10954 1st M 5s 1 9 4 7 ___________ M&S 9754 97 T o l F rem & N o r S t R y — S ee L a k e h E l B y "’o l G E & H c o n 1st g 5s ’3 5 A& O 99 9814 'ol & In d ia n a 1 st 5 s 1 9 3 1 ___J& J 70 65 'r le d o T ra c tio n L ig h t & P o w er— 6% n o te s 1 9 2 5 ___________ F& A 10014 10054 'ol & W e s t R y 1 st g 5s ’2 6 - - J & J ! / U n s t a m p e d ______________ — f 9814 9414 9214 9414 9214 ______ 9814 ______ 50 — 80 i 1st & r e f g 5s 1930 o p t ____ J& J 'ri-S tate T elep & T eleg — 5 3 4 s 1 9 4 2 ------------------------- M & N r o y C ity R y — S ee U n T r (A lb) r o y G as 2d 6 s ’23 e x t t o ’3 3 F& A 1 C on sol 5 s 1 9 3 9 __________ M & N 8 th & 2 9 th S ts— S ee 3d A v e R y 3d S tr e e t R y — S ee N Y R y s 'win C ity R a p id T ra n sit C o— l S t P a u l C ity 1st a: 6 s 1932 A&O 1st co n s 6 s g 1 9 3 4 _____ A& O C a b le co n 5s 1 9 3 7 ____ J& J15 M in n S t & S t P a u l C ity — C o n s gu ar g 5 s 1 9 2 8 ---A & O 1 1st & r e f 5s O c t 1 9 5 3 ____ A& O 1st & r e f 4 1 4 s 1 9 2 6 ______ A& O U nd ergrou nd E le c R y o f L on d on 4 1 4 s Jan 1 1 9 3 3 ________ J& J In c o m e 6s Ja n 1 1 9 4 8 _________ U n io n D e p o t— S ee U n ite d R y s S t U n ion E le c L t & P o w er o f Illin o is 1st M 5 H s 1954 ser A ____ J& J U n io n E l L t & P o w C o o f S t Pr i s t g 5 s S ep t 1 1 9 3 2 _____ M & S R e f & e x t 5 s ’33 op a f t ’18 M &N U n io n E le v R R — S ee N W E le v U n ion R y — S ee T h ird A v e R y U n ion R y G a s & E le c C o (111)—C oll tr g 5s 1939 c o n v o p - .J & J U n ion T ra c C o o f In d ia n a — 1st 5 s ’19 e x t a t 6% t o ’2 2 -J & J In d ian ap N o r th 5 s 1 9 3 2 - -J & J M u n & U n C it y 5 s 1 9 3 6 - -J & J U n ite d E le c L t & P o w er B a lt— 1 st c o n s g 4 1 4 s 1 9 2 9 _____ M & N U n it E le c C o o f N J 4 s ’4 9 - -J & D 93 99 10234 10334 102 103 98 100 102 102 9454 96 9614 9954 93 10014 8334 90 9034 __ 86 o u is 10034 101 10114 9934 10054 9934 99 100 10 31 31 25 9814 8534 8614 2714 28 B o n d s. a Purchaser also p a y s a cc ru e d dividend. 6 Basis, d Price per share, not per cent. /T n is price includes accrued in te re s t, o Per cent of p a r v a lu e , r C an a d ia n price, s Sale price, x Ex-dividend, y Ex-rights. (W ithout par value. B id . A sk. U n ite d E le c R y s (P r o v id en ce)— 70 65 P rior lien M 4 s Ja n 1946 ser B _ 61 57 G en r e f M 5s J a n 1951 ser A ---47 G en r e f M 4 s J a n . 1951 ser B _ 51 U n ite d E le c tr ic S ecu rities C o— C o ll tr g 5s 1933 to 1 9 5 5 - -F & A 65 45% 5 .2 5 % 100 U n ite d F u e l G a s 6 s 1 9 3 6 ____ J& J 10014 7 1 4 s A u g 15 1 9 3 1 _____ F & A 15 97 U n ite d G & E C orp 6 s ’4 5 - -A & O 96 U n ite d G as & E l (S F ) 5s ’3 2 - J& J U n ite d Iliu m C o N e w H a v e n 1 st 4 s F e b 1 1 9 4 0 _________ F& A 9114 9314 U n ite d L ig h t & P o w er C o— 94 95 D e b g 6 1 4 s 1 9 7 4 __________ M & N 99 9814 514% g n o te s 1 9 2 8 ---------- M & S U n ite d L t & R y s 1 st 5s ’3 2 - -J & D 9534 9534 C o n v d eb 6 s 1 9 2 6 ________ M & N 10114 10014 99 1st 1 & co n s M 6 s ’52 ser A_ A& O 98 U n ite d P o w er & T ran —40 D e l C o & P h i tr c tfs 4 s ’4 9 -J & J 68 67 U n ite d R y s tr c tfs 4 s ’4 9 - -J & J 90 85 U n ite d P u b U t il 6 s 1 9 4 3 ____ J& J U n it R y s & E le c (B a ltim o re)— 6914 1 st co n so l g 4 s 1 9 4 9 _____ M&S 6914 95 1 st co n M 6 s 1 9 4 9 ________ M&S 5014 50” In c o m e g 4 s 1949 op ’2 9 - - J & D 71 I n c fu n d in g g 5s 1 9 3 6 ____ J & D 70 6% g o ld n o te s 1 9 2 7 _______F& A 9814 9914 B a lt Sparrow s P t & C h es— 1st g g u 4 1 4 s 1 9 5 3 ____ F& A 8714 8714 100 B a lt T r C o 1st M 5 s '2 9 -M & N 100 N o B a lt D iv 1 st 5 s ' 4 2 - -J & D 9914 99 . C e n t R y co n M g 5s 1 9 3 2 -M & N 99 E x t & im p 5s 1 9 3 2 ____ M&S L a k e R o E l 1 st 5s ’4 2 -M & S 99 U n ite d R a ilw a y s o f H a v a n a — no 109 E q 7 1 4 s F e b 15 ’3 6 ____ F& A 15 U n it R y s (P h ila )— See U n it P & T U n ite d R y s o f S t L o u is—■ 10114 101 6% re ceiv e rs c tfs 1 9 2 6 ___ A& O G en g 4 s J u ly 1 1 9 3 4 _____ J& J 7014 b954 G en g 5 s A pr 1 1923 g u .-A & O / -----75 S t L o u is T ra n s C o 5 s ’2 4 - -A & O / 7 3 U n ite d R y s I n v e stm e n t C o— 100 99 1 st lien c o ll tr s f g 5s '2 6 - -M & N 100 S ta m p e d _____________________ 9954 U n ite d T r a c tio n (A lb a n y )— 46 43 C o n g 4 1 4 s 2 0 0 4 _____ - . . J & D 74 A lb a n y R y co n M 5 s g '3 0 -J & J 55 58 G en g 5s 1 9 4 7 - - . _______J & D — 54 T r o y C ity R y 5s g 1 9 4 2 - .A & 0 U n it T r ( P it t s b ) — S ee P h ila Co U n ite d U t il 1st 6 s ’43 o p ’1 8 .J & J U S P u b S erv 1 st 6 s ’2 7 ____ F& A 10214 10354 U S T elep h o n e 1 st 7 s 1921 e x t to 10554 1 9 4 1 _______________________ J & D 10654 U rb a n a & C h a m R y G & E — 5s 1 9 2 9 _________________________ 9 l” §6 ” U ta h G a s & C o k e 1 st 5s ’3 6 - -J & J 96 93 U ta h L t & P c o n s g 4 s ' 3 0 - -J & J 100 98 P 1 5 s 1 9 3 0 ________________ J& J U ta h L ig h t & T ra c tio n — 85 1 st & r e f 5 s 1944 series A .A & O 8454 94 U ta h P & L 1 st 5s 1 9 4 4 ____ F& A 9354 92 91 D e b 6 s M a y 1 2 0 2 2 _____ M & N 102 1 st 1 & g en M 6s 1 9 4 4 ____ F& A I 10334 U tica E l & P 1st 5 s 1 9 5 0 - - - J & J 9914 9 8 *4 U tic a G & E l r e f & e x t 5s ’5 7 -J & J 99 54 10034 10114 G en 5 1 4 s 1 9 4 9 _________ J & D 1 5 U tic a & M o h a w k V a lle y R y — 76 78 1 st g 4 1 4 s 1 9 4 1 ___________ M & S 95 85 U tic a B e lt L 1st g 5s '3 9 - -M & N V a lle y C o u n tie s P o w 5 s ’3 0 -M & N V erm o n t H y d r o -E le c C orp— 1 st M 6s 1 9 2 9 _____________ A& O 9934 loo 97 V erm o n t P o w & L tg 5s ’2 7 - -M & S 94 92 V ick sb u rg L & T r 1 st 5 s ' 3 2 - -J & J 98 1 st M 7 s 1 9 3 2 ______________ J& J 93 90 D e b e n tu r e 6s 1 9 3 0 ________ M&S — 94 V irginian P o w 1 st 5 s 1 9 4 2 - -J & D V irginia R y & P o w er— 95 9514 1 st & r e f g 5 s 1 9 3 4 ________ J& J 96 N o r f & A tl T erm 5 s ’2 9 --M & S 93 9314 N o r f & P o r ts T r 5s ’3 6 - - - J& D W ash A lex a n d ria & M t V ern on — 20 1 st g 5s 1955 o p t -------------- M&S 25 20 C e r tific a te s __________________ W a sh in g to n B a lt & A n n E l— 62 69 1 st M 5 s M a r 1941 o p ___M&S 99 W a sh ’n ( D C ) G L 5 s I 9 6 0 - .M & N 9354 10354 103 6 s M 1933 series A ________ A&O W a sh R y & E l g 4 s 1 9 5 1 ____ J& D 7914 7954 G en & r e f 6 s 1 9 3 3 _______M & N 10114 10134 85 A n a c o st & P o t 5 s 1 9 4 9 ___A&O 85 G u a r a n te e d __________________ — 84 C ity & S ub 5s g 1 9 4 8 ____ F& A W a sh in g to n W a ter P o w er C o—■ C o n so l & co ll tr g 5s 1 9 2 9 - -J & J 9954 — 1 st r e f 5 s 1939 o p _________ J& J 10034 W a terlo o C ed F a lls & N o R y — 14 1 st M s f g 5 s 1940 o p ’1 5 --J & J / 1 0 14 C e r tific a te s o f d e p o s it______ / 1 0 W a te r t’n L & P— S ee N o N Y U t il W estch ester E le c— S ee 3d A v R y 10014 W e stc h e ste r L t 1 st g 5 s ’5 0 - -J & D 99 54 N Y S ub G as— 1 st g 5s ’4 9 -M & S W est C h ester (P a ) S t R y — 75 73 1 st g 5 s A u g 7 1 9 3 2 _______F& A W est E n d S t R y — S ee B o s to n E l W e s t L ib e r ty S t R y — S ee P h ila C o W e s t P e n n C o d eb 6 s *25-J & D 15 W e s t P e n n P o w er— 1 st M 5 s '46 o p ’21 ser A -M & 8 9614 9654 97 9 6 54 1 st M 5s 1963 series E ____ M&S 1 st M 5 s 1953 series F ___A & O 102 34 10254 106 10554 1 st M 6s 1958 series C ____J & D 1 st M 7 s 1946 series D ____M&S 10714 10714 W est P e n n R a ilw a y s C o — 99 1 st g 5s J a n 1 1 9 3 1 ______ A&O 9814 D e b g 6 1 4 s 1 9 2 7 _________ A&O 10114 10054 P it t s M c K e e s & C o n n ells R R 98 9814 1 st co n s 5 s J a n 1 '3 1 ____ J& J W est P e n n T r 1 st 5 s I 9 6 0 - -J & D 8834 W P h ila P a s s R y — S ee P h ila R T k L a s t sale, n N om inal. A pril, 1925.] P U B L IC U T IL IT Y B O N D S A N D ST O C K S H N O T IC E .— A ll b o n d p r ic e s a r e “ a n d i n t e r e s t ” e x c e p t w h e re m a rk e d “ f ” a n d in c o m e a n d d e f a u l t e d b o n d s ._____________ Bonds and Stocks. W est V a L H & P 6s ’2 9 — J& D W est Va U tilities 6s 1 9 3 5 --J & J W este rly L & P 5s 1937___ J& D W este rn L & P 1st s f 5s ’25 M&N W estern N Y U tilities 5s ’46 J& D W este rn Pow er Gorp— D eb s f 6 K s 1954_______ J& D W estern S ta te s G as & E le c tric —• 1st & re f 5s 1941 o p t------- J& D 1st & u n if 6s ’47 ser A __ M&S 6% gold n o te s 1937____ A&O W e ste rn T & T coll t r g 5s ’32 J& J W este rn U n ite d Gorp— C oll tr u s t 6% n o te s 1 9 4 0 --J & J W este rn U n ite d G as & E l Go— G en M 5s 1950__________ P&A G en M 6s 1950_________ F&A W est U n T eleg coll t r 5s '3 8 - - J & J F d g & R E M 446s g ’5 0 .M & N 6 % s A ug 1 1936________ F&A M u t U n 6s e x t a t 5 % to ’41 M&N N o rth w ’n gu g 4 ^ s 1 9 3 4 --J & J W h atco m Co R y& L t 5s ’35 M & N W heeling (W Va) E lec Co— 1st M 5s 1941 o p t _______ M&N W heeling Puolic Service Co— C ons 1st 6s O ct 1952______ W heeling T ra c 5s g 1931____ J& J W ich ita R R & L t re f 5s '3 2 .A&O W ilkes-B arre G&E 5s ’55 o p t J & J W ilkes-B arre & H a zle to n R R —• 1st coll t r g 5s 1951__ M&N15 W ilk & E P itts S t R y— See PhilC o W 'm sp o rt G as— 1st g 5s '39 F&A W ilm ington & C h ester T ra c tio n — C oll t r 6s e x t 1933_______ A&O W ilm ington (D el) G as Co— 1st & re f s r 5s 1949______ M & S 1st & r e f 6s 1949.................M &S 1st & r e f 7s 1949......... M&S W ilm ington (D el) L ig h t & P Co—1st M 5s 1960____________A&O W innipeg E l— 1st re f 5s '3 5 .J & J G en M 6s 1943_________ M&S W isconsin E lec Pow er Co— 1st M 5s 1954 s e r A _____F&A W isconsin G as & E lec tric — 1st g 5s 1952 o p t 1919__ J& D W isconsin-M lnn L ig h t & Pow — 1st & re f 5s 1944 op ’19--M & N G en & re f 7s 1947________ J & J R ed W ing G L & P 5s 1 9 2 6 ... W isconsin P o w er & L ig h t Co— 1st & re f 5s 1946________ J& D 1st 1 & d 6s 1944 ser C --M & N W isconsin P u b lic Service C orp— 1st 1 & re f 6s 1952 se r A __ A&O 1st & re f 5s 1942_________ J & J W isconsin R y L ig h t & Power1st & r e f 5s 1933_________ F&A W iscon R iv P r 1st 5s ’4 1 . -M & N W isconsin Securities Co— 6% n o te s 1929__________ M&S W isconsin T ra c L & H Pow — 1st M 5s 1931____________J & J 7 H s 1931_________ _____ _ W isconsin Valley E lec— 1st & re f 5s 1942________ M&N 1st m tg e 5 K s 1942______ M&N W o rcester & C o n n E a s te rn R y — 1st s f g 4 % s 1943_______ J & J W ore C on S t R y 7s 1 9 3 0 .- -M&S 1st & re f g 4 % s 1930_____ F&A D eb g 5s 1927_________ M & N W ore & C lin t 7s 1930____J & J W o rcester G as L ig h t Co— 1st M 5 % s 1939 ser A ____J& J 1st M 6s 1939____________J&-T W ore & So S t R y 7s 1 9 2 8 --M & S Y a d k in R iv e r P ow 1st 5s ’41 A&O Y a rm o u th L t & P o w er, L td — 1st M 5s 1937__________ A&O 1st refu n d in g 8s 1951____M & N Y o n k ers R y— See T h ird A ve R y Y o rk H a v en W a te r & Pow er— 1st 5s J u n e 1 1951_______ J& D C ons M 5s M a y 1 1 9 5 7 --M &N Y o rk R y s 1st M g 5s ’37 o p . J& D Y oughiogheny H v d ro -E l C orp— 1st M 6s 1949__________ A&O Y oun g sto w n & Ohio R iv e r— 1st M g 5s 1935 o p t ’1 5 --A&O Y oungs-Shar R y & L— See Pa-O Y oungs-Shar R y & L— See M a h & Z anesv R y L & P — See C ol N ew & Bid. 95 92 A sk . 100 95 91K 93“ 98 99 96 98 94)4 99 Vs i5 o “ 96 100 Vs 98 99 90 100K 100 93 110 99 95 90 92 102 100M 94 K 110K 97K 93“ — 97 M 99“ 45 50 97 K — 95 96 90 K 99 103 92 101 90K 92 K 92 94 95 K 96 K 98 K 99 K 93 % 102 99 K 94 105 88 K 99 K 90 101 100K 95 K 102 97K 92 K 89% 93 K 9JK 101 96 105 K 95 K 100K 77 05 70 90 70 105 105 85 98 82 97 K 97 K 88 93 102 97 K 97 102 81K 92“ 95“ 99 87 103 98 % 89 94 100 P & L S Ry & Zanesv P U B L IC U T I L IT Y S T O C K S . Par A d iro n d ack P o w er & L ig h t___100 3SK 7% p re fe rre d ______________ 100 100 8% p re fe rre d ______________ 100 110 98 % A lab am a Pow er p re f__________lOO A lab am a T r, L & P , c o m _____ 100 P referre d ________________ 100 30“ A lb an y S o u th ern R R c o m ____ 100 40 P r e f e r r e d _________________ 100 All A m erica C ables I n c ______ 100 x 122 A llegheny T ra c — See P h ila Co A m er D ist T eleg ( N J ) _______ 100 109 A m erican E lec Pow er p re f______ 97 K A m erican & F oreign Pow er— 113 A llo t c tfs for p f & com 25 % pd_ C om m on n e w ________ (no par) d 28% P re fe rre d n e w ________(no par) d 88 K A m er G as & E l c o m _____(no par) d 70 6 % p re fe rred (new) ______ (t ) d 87 A m er G as o f N ew J e rs e y _____ 100 w 152 Amer L ig h t & T r a c tio n ______ 100 145 P r e f e r r e d _________________ 100 96 A m er P o w & L t c o m _______ (t) d 52 K P r e f e r r e d _________________ 100 86 K O p tio n a l w a rra n ts 1931- _ d 420 A m er P u b Serv 7 % p re f ______ 100 93 A m er P u b lic U tilitie s ________ 100 73 7% p rio r p re fe rre d ______ .-1 0 0 88 5% p a rtic p re fe rre d _______ 100 72 A m er T e le g & C ab le g u a r____ 100 41 A m er T e le p & T e le g __________100 133 40 102 115 99 35“ 45 125 113 98 120 29 89 71 89 155 146 97 53 K 87 K 440 93 K 76 99 75 42 K 133 Vs Stocks. Bid. A sk . Amer W at W ks & E lec— _20 d 46 K 46 K Common new -----------101K 1st preferred (7% )------------- }00 101 102 K Preferred (6% )------------------ 100 101 79 77 Appalachian Pow er---------------100 100 98 7% preferred______________ 100 20 17 Arizona Pow er_______________ 100 78 81 Preferred__________________100 99 Arkansas C ent Power, $7 pref (t) d 97 K 70 Arkansas Light & Pow com — 100 97 95 Preferred__________________100 5% Arkansas N atural G as-------------10 d 5Vs 100 98 A sheville Pr & Lt $7 pref------(t) 26 A ssoc’d Gas & E l com Cl A - - ( t ) d 2 5K 54 Preferred_____________(no par) d 52 11 15 Augusta-Aiken R y & E l--------- 100 25 28 P referred _________________ 100 43 Baltim ore E lectric pref----------- 50 d 42 91 Bangor R y & E l com m on_____100 98 100 P referred _________________ 100 90 B aton Rouge E lec Co pref------100 Bell T elephone (C anada)------- 100 r 135 100 Birmingham E lec $7 pref___ (t) d 98 81 B lackstone Val Gas & E _______ 50 d 79 102 P referred _________________ 100 100 B leeck St & Ful F y— See N Y R ys 105 Boston Consol Gas, pref_____100 76 Boston E levated RR com ___ 100 z 75 K 92 P referred _________________ 100 110 1st preferred______________ 100 108 96 2d preferred_____- _________ 100 x 95 K 51K Brazilian Tr L & P L td _____*-100 r 51 B ’w ay & 7th A v RR —-See N Y Rys 8 Vs Brookyln C ity R R ____________ 10 d 8% 128 Brooklyn Edison C o__ _______100 127 K 38 H Bklyn-M anhat Tran v t c (no par) d 38% 77 Vs Pref tern v t c ________ (no par) d 77% Brooklyn Union G as___ (no par) d 79% 79 K 252 Buffalo General E lectric_____100 247 — N ew stock __________ 70 California-Ore Power com ___ 100 99 loo P referred _________________ 100 C alif R y & Pow prior pref___ 100 Camden & Sub R y— See P S Corp Canadian General E lectric__ 100 r ____ r ----53 K P referred ________________ 90% 91 % Capital Trac (W ash, D C )__ 100 335 Carolina Pow & Light, c o m .-100 325 103 P referred _________________ 100 101 C entral Ariz L & Pow com ____100 106“ P referred_________________ 100 lOO” 95 Cent Arkan R y & L Corp pref. 100 C ent Crosst R R — See N Y R ys 32 37 Central Ga Power com _______ 100 105 Cent Hudson Gas & E le c _____100 92 93 Central Illinois Light 6% p f--1 0 0 99 K Cent 111 Pub Serv pref__ (no par) d 90 91K 93 Cent Indiana Power pref_____100 Cent Pk N & E RR — See N Y Rys 90 95 Central Pow & Light 7 % p r e f-100 80 82 K Central States E lec Corp_____100 90 92 P referred_________________ 100 Ches & Poto T ele o f B alt p r e f-100 s 111H s 111 Chic Aur & E lg Corp v t c w i __ K Chic C ity & Con com part c tfs_ (f) 7% 8 Pref partic c tfs ______ (no par) 50 55 Chicago C ity R y _____________ 100 6 14 Chicago R ys partic c tfs series 1 . _ 2 IK Series 2 ____________________ 1 2 Series 3 ___________________ Vs Series 4 ___________________ Chicago Rapid T ransit Co— 11 Voting tr ctfs for com stock UK 99 101 Prior preferred___________ 3K Chicago Sub Gas & E le c tr ic .-100 35 P referred _________________ 100 Chris&lOth Sts R R — See N Y R ys 86 83K Cincinnati Gas & E lectric___ 100 Cincinnati Gas T ransp_______ 100 112K Cincinnati & H am ilton T ra c. .1 0 0 P referred_________________ 100 77 C ine N ew & C ov Lt & T rac__ 100 6 1K 61 % P referred_________________ 100 34 Cincinnati Street R y _________ 50 d 33 84 K Cincin & Suburb B ell T elep __ 50 d 83 K 182 C ities Service________________ 100 1 17 36 % N ew stock _________________ 20 d 35 % 8iV s 82 Vs P referred _________________ 100 7% Preferred B _________________10 d 7 K 76 Preferred B B ______________ 100 76 ^ T8% Cities Service Bankers shares, (t) d i 7 34 35 Citizens Gas (Indianap) com__25 d 32% P referred_________________ 100 104 C itizens’ Pass R y— See Phila R T Citizens Traction— See Phila Co C ity Pass Ry— See Reading Tr 35 40 C ity R y (D ayton , O hio)_____100 55 60 P referred _________________ 100 Cleve E lec Ilium common____100 215 6% preferred______________ 100 103 Cleve Painsv & Eastern R R ..1 0 0 Cleveland R ailw ay___________100 88 88 K Coast Co Gas & E l 1st p r e f .. 100 60 2d preferred_______________ 100 34 36“ Colorado Pow er_____________ 100 qq 98 P referred _________________ 100 5i K Columbia Gas & E le c ___ (no par) d 54 Vs 105 K 105 M P referred ____________________ Columbia (SC ) R y Gas & E 1 ..1 0 0 92~ P referred_________________ 100 Columbus (Ga) E l & Pr c o m . 100 143 1st preferred______________ 100 142 102 2d preferred_______________ 100 100 Columbus R y Pow & L c o m . .1 0 0 97’ 9?K Preferred A _______________ 100 84 85 Preferred B _______________ 100 19 Commercial Union T eleg (gu ). _25 d 17 137 Com m onwealth-Edison C o __ 100 137 K 110 C ommonwealth Pr C orp. (no par) d 109 Common stock options_______ 82’ P referred_________________ 100 82 K 40 45 C oney Island & B klyn R R __ 100 103 C onnecticut L tg & Pr 7 % pf_ .100 107 119 8% preferred______________ 100 116 210 C onnecticut Pow er___________100 200 P referred_________________ 100 101 63“ C onnecticut R y & L ighting__ 100 60 K 65 61 P referred_________________ 100 34 Vs Cons Gas E L & P (Balt) _ (no par) d 34 K 8% preferred______________ 100 122 V 7% preferred..!____________100 110K 6 K % cum pref series C ____100 105 K Consolidated Gas (N Y) See und er N Y City Cons Trac of N J— See P S Corp Stocks. Par C ons T ra c (P itts b )— See P h ila Co C onsol W a te r (U tica) c o m — 100 5% p re fe rre d * _____________ 100 7% p re fe rre d ______________ 100 C onsum ers G as (T o r o n to ) ------50 C onsum ers Pow (M ich) p re f. .100 6.6 % p re fe rre d ____________100 C o n tin e n ta l G as & E lec c o m . .100 7% p rio r p re fe rre d ________ 100 6% p re fe rre d _________________ C o n tin e n P a ss R y — See P h ila R T C u m b e rla n d Co (M e) P & L t .- 5 0 P re fe rre d __________________100 D allas Pow er & L ig h t 7 % p re f 100 D a y to n P ow er & L ig h t----------100 P r e fe rre d __________________100 D a y to n & W este rn , c o m m o n .-100 P re fe rre d __________________100 D en v er & N o rth w e ste rn R y .-lO O D e rry (N H ) Elec Co 7% p re f. 100 D e tro it E d iso n ______________ 100 D e tro it U n ite d R y ___________ 100 D om in Pow & T ran sm issio n -.1 0 0 P re fe rre d __________________100 D om inion T eleg (C a n a d a )_____50 D u lu th E dison E le c tric ______ 100 P re fe rre d __________________100 D u lu th -S u p erio r T ra c C o ____100 P re fe rre d _________________-100 D uquesne L ig h t— See P h ila C o E a s te rn C onn Pow 7% 1st p f.1 0 0 E a s te rn M ass S t R y , c o m ____100 F irs t p re fe rre d _____________ 100 P referre d B s to c k _________ 100 A d ju stm e n t s to c k _________ 100 E a s te rn N J Pow er 8% p re f__ 100 E a s te rn T exas E lec C o, n e w ., (t P re fe rre d __________________ 100 E a s te rn W isconsin E lec p r e f . -100 E a s t B ay W a te r(S a n F r) c o m . 100 P referred A _______________100 P referre d B _______________100 E a s t P e n n E le c tric C o __ (no par) 1st p re fe rred (7 % )____(no par) 2d p re fe rred (8 % )_____(no par) E a s t R ea d ’g E l— See R e a d ’g T ra c E a s t S t Louis & S u b u rb a n ____100 P re fe rre d __________________100 E dison E lec Iliu m (B oston) --1 0 0 E ig h th A ve R R — See N Y R ys E lec tric a l S ecurities, p re f____100 E lec tric a l U tilitie s .c o m ______100 P re fe rre d __________________100 E lectric B ond & Share p re f__ 100 E lec B ond & Share Sec C o rp _____ E le c tric In v e s tm e n t C o rp ___ 100 P re fe rre d _________________ 100 E lec Pow & L tg a llo t ctfs for com & p re f 40% p a id __ (t) F u ll p a id _______________ (t) E le c tric R y S ecurities__ (no par) E lec S torage B a tt— See In d & M E liza b e th to w n C onsol G a s __ 100 Eliz & T re n R R — See P u b S C o rp E lm ira W , L & R R 1st p f v t c_ 100 E l P aso E lec Co (D e l)__ (no par) P referre d series A _________ 100 P referre d series B _________ 100 E m p ire & B ay S ta te T e le g ___ 100 E m p ire D is tric t E lec , p re f___ 100 E m p ire G as & F u el C o, p r e f - -100 E rie L ighting, p re f______ (no par) E ssex & H udson G a s________ 100 F a irm ’t P k & H a d d P ass R y — See F a ll R iv e r E lec L ig h t C o ___ 100 Bid. A sk. 80 80 102 166 % 92 K 99 K • 83 91 90 85 85 105 : 87 99 420 90 4 92 K 113 M 8Vs 95“ 100K 86 95 94 103 435 94 6K 95 K 114 9 49 50 25 35 35 45 34 68 K 59 95' 70 100 35 K 70 60 K 43 K 100 73 92 % 9 6K d 63 d 100 d 100 67 101K 200 200 X 113 113K lOO” 125 100 % 100 K d 12K isc Cos 65 100 K 13K -- 94 74 d 72 100 103 100 65 70 80 85 92 96 CL -----121 124 P h ila R T 33 35 d 55 57 140 ft) d 136 85 K 87 100 io n 17 7065 100 105 noo 99 K 44 40 100 34 36 100 72 100 81 100 -100 n 200 80 .100 n 75 82 par) d 80 112 ft) d 105 ft) d 94 82“ ft) d 80 C o n v ertib le p re fe rre d . O ld c u m u la tiv e p re fe rre d __ 100 120 47 51“ 100 74 100 78 P re fe rre d ___________ 118 G eorgia R y & E l co s tm p d __ 100 116 80 83 100 74 73 100 97 96 -100 110 100 107 74 73 100 Second p re f n o n -c u m . 114 100 111 20 -100 15 G ra n d R ap id s R y , p re f. G re a t W estern P ow er, p re f__ 100 25“ 25 d 22 28 25 d 25 P referre d _ 50 d ___ 208“ .100 206 100 200 42“ m 25 d ___ 42 25 d 39 93 92 H a v an a E lec L ig h t & P o w e r. 100 103 % .100 103 H elena L ig h t & R y , c o m . .100 P re fe rre d _____________ 100 180 100 25 d 6 20" 25 d 18 P referre d . ____ 100 100 100 94 H ou sto n G as & F u e l, p r e f .. 124 -100 121 99 100 98 96 • 100 95 100 89 88 100 103 92 100 P re fe rre d . 100 32 29 83 100 81 100 In d ia n a Service C orp, c o m . 100 120 100 90 100 50 d 54 K 30 .100 n ___ 49 51 In d ian ap o lis S tre e t R y C o . 100 100 95 100 18 \7 % In te rb o ro R T v o t tr u s t c tf s ..-100 o Purchaser also pays accrued dividend, d Price per share, not per cent, t New stock, h Ex-stock dividend, k Last sale. I In London, n NominalCanadian price, s Sale price, uEx-warrants, vOld stock, wEx-cash &stock divs. x Ex-div. y Ex-rights, t Without par value. 42 PUBLIC UTILITY STOCKS S to c k s . Bid. A sk . I n te rn a t O cean Teleg ( g u a r ) .. 100 In te rn a tio n a l R y v t c _______ 100 In te rn a tio n a l T elep & T e le g . .1 0 0 R ig h ts________________________ In te rs ta te P ublic Serv, p r lie n .1 0 0 Iow a S o u th ern U til, 7% p re f. .1 0 0 Jacksonville T rac tio n , c o m __ 100 P re fe rre d __________________ 100 Jerse y C en t Pow & L t, co m __ (f) P re fe rre d __________________ 100 K a n C ity P ow & L t 1st p f ser A (t) K an sas C ity Pow er S ecu r_____(t) P re fe rre d _____________ (no par) K an sas Elec Pow 7% p re f___ 100 K an sas G as & Elec 7% p re f. .1 0 0 K e n tu ck y Securities C o rp ___ 100 P re fe rre d __________________ 100 K e n tu c k y U tilities, p re f______100 K e n tu c k y & W Va P ow , c o m ..2 5 P re fe rre d __________________ 100 K ey sto n e T e lep h o n e__________ 50 96 101 K ey System T ra n s it, p re f__ P rio r p re fe rre d __________ K noxville Pow & L ig h t, p re f. .100 L aclede G as L ig h t___________100 P re fe rre d ______ ___________ 100 L a k e Shore E lectric, co m ____ 100 F ir s t p re fe rre d _____________100 Second p re fe rred ___________100 L eh ig h V alley T ra n s it, com __ P re fe rre d _________________ Long Isla n d L ighting 7 % p re f. 100 Los Angeles G & E C orp, p re f. 100 L ouisville R ailw ay C o ______ .1 0 0 P re fe rre d __________________100 Low ell E lectric L ig h t_________ 25 Lowell G as__________________ 100 M a c k a y C o m p an ies_________ 100 P re fe rre d _____________ M a n ito b a Pow er C o _____(no par) M an ila E lectric C o rp ___ (no par) M ario n (O) W ater, com __(n M assa c h u se tts L tg C os, c o m .. ( t ) M id d le W est U tilities. M ilw aukee G as L ig h t 7 % p re f. P re fe rre d . M o n o n g ah ela S t R y - 87” d 2 , 97 92 88” 2% 100 95 7 d 27 93 d 99% d 77 30 96 101H — 95 98% 78 71 80 98” 99% 81 75 90 d 101% d 6% d ____ 41 81% 98 17 > 85 2% r 91% d 92 d ____ d ____ d 3 % 102 9094 33 59% d 56 205 114 100 66% 18 66 40 d 32 d 45 8 28% 45% U 72 66 d 42 87% 112% d 98% d 98% 7 25 __ 100 177 ___ 23 7 96% 95 30” 103 91% 34 61 59 215 120 69 21 75 41 32% 46 10 35 46% 23 73 44 92% 117% 100 100 % Id . . . . — d 91% 97 101% .. 106% 84 97 d 97 39 i <0 88 263 92% 98 102 98% ____ d 21 21 % 6494 108% r 173 Vi 46% S to ck s. 25 d 25 d 50 d 50 d 50 d F a irm ’t P k & H a d d in g ’n __ 50 d 50 d 272 50 d 50 d 50 d 22 50 d 50 i. 65 50 d 50 d 110 50 d 50 d 165 50 d 91 50 d U nion P a ss ($30 5-6 p d ). 165 50 d 50 d 97” 50 d 11044 50 d 152 50 d 69 Pine B lu ff Co p re f___________ 100 P referred 9844 100 41 92 7% p re fe rred _______________ 25 M o n ta n a P o w e r_____________ 100 P re fe rre d __________________ 100 M o n tre a l L t, H t & P o w er___ 100 M o n tre a l T e le g ra p h ________ _ .4 0 M o n tre al T ram w ay s, com ___ 100 D e b en tu re 5 % s to c k __________ M o n tre a l T ram w a y & P o w e r. 100 M o u n ta in S ta te s Pow er, c o m . (f) 26 P re fe rre d __________________ 100 93 M o u n ta in S tates Tel & T e l__ 100 108% M u n icip al G as (A lb an y )_____100 157 67 N a rra g a n se tt E le c tric _________ 50 11 N a tio n a l L ig h t, H e a t & Pow er. 100 P re fe rre d __________________ 100 05” 55 N a tio n a l Pow er & L ig h t, c o m . (f) 231 234 P referre d ____________ (no par) x 95 N e b ra sk a Pow er, p re f_______ 100 99 100% 20 25 N ev ad a-C alif E electric, c o m . .1 0 0 89 P re fe rre d __________________ 100 87 84 N ew ark C onsolidated G a s___ 100 82 52 N ew B edford G as & E d L t C o .2 5 51 N ew B edford & O nset R y ____100 3 N ew E n g lan d C o, co m _______ 100 75 87 F irst p re fe rred _____________ 100 70 Second p re fe rred ___________100 N ew E n g E lec Securities, co m __ 12 10” 96 98 N ew E n g lan d Pow er, p re f___ 100 N ew E n g lan d Telep & T e l e g ..100 101% 104 % N ew H a v en G as L ig h t________ 25 41% 41% 85 N ew H av en W a te r____________50 d 84% N ew Jerse y Pow & L t, p r e f . . 100 93 96 N ew O rleans P u b Serv, c o m ..1 0 0 90” 99” 7% p re fe rred ______________ 100 N ew p N & H a m p R y , G & E .1 0 0 58 5 % P re fe rre d __________________ 100 •0 93 97% N Y C en t E lec C o rp 7 % p f __ 100 100 75% 75% N ew Y o rk C ity — C onsol G a s_ (t) P re fe rre d _____ _____________ 50 d 57% 58% S ta n d a rd G L o f N Y , c o m . 100 P re fe rre d ________________100 N ew Y o rk R ailw ay s_____________ B leecker S t & F u lto n F e rr y . 100 10” B ’w ay & 7 th A ve g u a r_____100 9” C en tra l C ro ssto w n 7 % ____ 100 C h risto p h e r & T e n th S t s . _.100 "8 ” 107 30 36 E ig h th A v en u e____________ 100 69 42d S t & G ran d S t F e rr y __ 100 20 N in th A venue g u a r 6 % ..1 .1 0 0 14 Second A v en u e____________ 100 30” 35” Six th A v e n u e ._____________ 100 10 T w e n ty -th ird S t g u a r______100 90 N ew Y o rk & R ichm ond G a s..1 0 0 38” 35 N ew Y o rk S ta te R y s, co m ___ 100! 53 61 P re fe rre d __________________ 1001 99% N ew Y o rk Steam p re f________ 100 9844 113% N Y T elephone 6% % p ro f__ 100 113 56 N ia g ara F alls P o w er, c o m .._ _ ( t) d 50 28% lx 284t 28Vg P referred n e w ________ 25 dx 66 N iag L ock & O n t Pow c o m .n o par d 63 7% p re fe rred ________ __________ 104 %1001 ___ N o rfo lk R ailw ay & L ig h t______ 25 d ____ 27% N o rth a m p to n (M ass) S t R v 100 P re f v o t tr c tfs ________________ Id 39% 3 '% 48 200 70 35 240 75 75 25 40 105 23 58 58 44 170 172 170 105 39 44 125 11% 93 13% 13% 6) 46% 97 79 72% 39% 89% 13 32 66 94 t *544 108 Vg 99 ____ 42 115 121 P o rtla n d (Ore) R y L & P _____ 100! P rio r p re fe rred ____________ 100| 1st p re fe rred ______________ 100 2d p re fe rred _______________ 100 P o rto Rico R ys L t d __________100 r P r e f e r r e d _________________ 1 0 0 / Pow er Securities com ____(no par) d Second p re fe rre d ______(no par) Providence G a s_______________ 50 P ublic Service of Colo p re f___ 100 P ublic Serv C o rp of N J_ _ (no par) 8% p re fe rre d ______________ 100 7% p re fe rred ______________ 100 C am d en & Sub ($5 p a id )____25 d C onsolidated T ra c of N J ..1 O 0 R ap id T ra n s it S t R y C o __ 100 So Jerse y G as & E lec T r a c . .100 P u b Serv E l & G 6% p re f____100 P ublic Serv Elec Pow p re f____ 100 1 0 t” P ublic Service In v e s t p re f____ 100 89 Public Service C o o f N o r 111_(f) d 46% 94 6% p re fe rred ______________ 100 7% p re fe rred ______________ 100 107 5) P u g e t Sound P ow er & L i g h t .. 100 84 6% p re fe rred ______________ 100 7% p re fe rred ________ I_____100 101 Quebec Pow er com ___________100 P r e f e r r e d _________________ 100 r 10394 Quebec R y , L t, H e a t & P o w . .100 Q ueensboro G as & E lec 8 % p f . 100 105” R ailw ays C om pany G e n eral__ 10 d 8 R ap T ra n S t R y— See P S C orp R eading T ra c tio n _____________ 50i dn 22% C ity P assenger R y _________ 50id 95 E a s t R eading E lectric R y __ 50 d 50 R eading T ra n s it & L t cl B p re f. 50 d 37 S to ck s. Par Bid. A sk. 44 Vg R epublic R y & L ig h t com ____100 51 48 % P r e f e r r e d _________________ 100 77 106 R ochester G & E 7% p re f____100 103” R och & Syracuse R R com ____100 % 7 P r e f e r r e d _________________ 100 14 75 S t Jos R y , L t & Pow , p r e f . __ 100 63 46% San Diego C ons G & E 7 % p f . 100 99% 73 San J o a q u in L ig h t & P o w e r .. 100 33 113 P referred A 7 % ____________ 100 94 99 ys P rio r p re fe rred ____________100 100 S av an n ah E l & Pow deb stk .-lO O 103 Scioto V alley T ra c c o m m o n ..1 0 0 7% 60 F irs t p re fe rred _____________ 100 50 72 P r e f e r r e d _________________ 100 22 Shaw inigan W a te r & P o w e r_ .1 0 0 r 134 17 Sierra Pacific E lec Co com ___ 100 43 P r e f e r r e d _________________ 100 81 Som erset U n & M iddlesex L t.1 0 0 65 S outh C alif E dison c om m on. .1 0 0 104 31% 6% p re fe rre d _________________ 91 7% p re fe rred ______________ 100 104 98” 8% p re fe rre d ______________ 100 118 12 Southern C an a d a P o w er____.1 0 0 r 72% 43 P r e f e r r e d _________________ 10O r ____ 28 S outh & A tla n Teleg (g u a r) .. . . 2 5 d 19 S outhern N ew E n g T e le p ___ 100 x 143 5 0 ” Southern P r & L t com __ (no par) d 50 98 P r e f e r r e d _____________(no par) 95 104 Southern U tilities c om m on__ 100 _ P r e f e r r e d _________________ 100 ____ So J e r G E l & T r— See P S C orp 18 Southw estern Bell T elep p re f. 100 x 107% 106 Southw estern Pow & L p r e f . . 100 98 96 S outhw est M issouri R R ______ 100 S pringf (M ass) S t R y Cos pf__100 46 81 94 Springfield (M o) R y & L , p re f __ 101 Spring V alley W a te r_________ 100 95% 115 S ta n d a rd G as & E lec com (no par) d 43 97% 98 7% cum p rio r p re f________ 100 8% cum p re fe rre d ____________ 5 )% 83 S ta n d a rd P r & L t C orp p re f. _(f) d 101 S ta te n Is la n d E dison p re f____ ( | ) 85 S u b u rb an E lec S eem s__ (no par) d 7 7 100 1st p re fe rred ______________ 100 ___ Cl ____ 2d p re fe rre d __________ (no par) fl ___ Sub R T S t R y— See P h ila Co 95 Superior W ater L & P com __ 100 108 P r e f e r r e d _________________ 100 98 T a m p a E lec tric C o ___________100 170” ___ Tennessee E lec P ow c o m . (no par) d 51% 101 1st preferred (7 % )_______ .100 95 ____ 1st preferred (6 % )________ 100 80 115 2d p re fe rre d _______,__ (no par) d 74% 53 T erre H a u te In d & E a s t . _____100 3 P r e f e r r e d _________________ 100 14 47 % T erre H a u te T r & L t p re f___ 100 91 25 T exas Pow er & L ig h t 7 % p re f. 100 99 T h ird A venue R y (N Y ) _____100 T id ew ater Pow er 8% p re f___ 100 97 1 0 '% Toledo Bowl G reen & So p re f. 100 110% 13% T oledo-E dison p rio r p re f_____100 42 83 T ri-C ity R y & L ight p re f___ 100 T ri-S ta te Telep & T eleg _______ 10 d 7 P r e f e r r e d __________________ 10 d 8 ~ a s ________ (no par) d 64 T ro y (N Y ) G 23d S tree t— See N Y R ailw ays 49 T w in C ity R ap id T r a n s it_____100 60 P r e f e r r e d _________________ 100 39 54 48% U nion S t R y (N ew B ed,M ass)_100 210 U nion T rac of In d com m on__ 100 80 F irst p re fe rre d _____________ 100 40 Second p re fe rre d ___________100 U n ite d Elec R y (Providence) .100 250 27 80 U nited E lec Secur p re f_______ 100 101 U nited G as & E lec com . .( n o par) d 2 '1% 8) 29 P r e f e r r e d _________________ 100, 81 45 U nited G as & E l o f N J 5% p f . 100, 58 110 U nited G as Im p ro v e m e n t_____0 dx 83 % 28 P r e f e r r e d __________________ 50 d 57 % 60 U nited 111 C o of N ew H a v e n .. 100 298 5 % U nited L t & P r com A ___ (no par) d 47% C om m on C lass B ____ (no par) d 55 175 180 P referred C lass A ____ (no par) d 84 175 Preferred C lass B ____ (no par) d 43 10c 115 U n ited R ys of S t Louis com __ lO0i 39% 4% P r e f e r r e d _________________ 1001 140 U n ited R ys & E l (B alt) com __ 50 d 17% 1544 U n ite d R ys In v e s tm e n t C o __ 100, 18% - - - 52 P r e f e r r e d _________________ 100 20 U nited U tilitie s______________ 100 95 P r e f e r r e d _________________ 100 80 13% U ta h Pow er & L ig h t p re f_____100 9 % 65 U K U ta h Securities C o rp ________ 100 62 U tica G as & E lectric p re f____100' 101% 47% U tilities Pow er & L t C l A (no par) d 24 98% V irginia R y & Pow er co m ___ 100, 77 91 P r e f e r r e d _________________ 100 81 V irginian Pow er C o c o m m o n ..100 74 70 W ash B a lt & A nn ap o lis_______ 50 d 40 6 P r e f e r r e d __________________ 50 d 11 17” W ashington (D C) G a s_______ 20 d 58 108 W ash (D C) R y & E l com ____100 36 68% 80 P r e f e r r e d _________________ 100 96 W ashington W a te r Pow C o __ 100 x 114 65% W estern M o P ow 7 % pref. 9) 108Vg. W estern P ow er C o rp ________ 100 3494 P r e f e r r e d _________________ 100 100 88% W estern R ys & L ig h t p re f____100 20” 44~ W estern S ta te s G as & E lec __ 100 P r e f e r r e d _________________ 100 90 1 2 1” W estern U nion T e le g ra p h ___ 100 117 W est’h ’se El& M fg— See u n d M isc 9t 105 W est P en n Pow er p re f_______ 100 104 93 91 W est P e n n R ailw ays p r e f .- - .lO 0 44 W est P e n n Co c o m m o n ..(n o par) d 111 7% p re fe rre d ______________ 100 , 95% 95 W est V irginia U tilities p re f___ 50 d 42% 5 2 ' W innipeg E lectric C o ________ 100 r 41 % P r e f e r r e d _________________ 100 86 W isconsin E d iso n co m m o n __ 100 107 W isc-M inn L & P — See N o r S ta te Pow of 98 W isconsin P u b Ser C orp p re f. 100 109 W isconsin T elep 7 % p re f_____100 Y ad k in R iv e r Pow er 7% p re f. 100 108 98% 8% Y ork (Pa) R ailw ays c o m m o n ..5 0 d 45 P r e f e r r e d __________________ 50 d 36 Y oungstow n & Ohio R iv R R .1 0 0 P referred ________________ 100 100 60 43 53 80 108 1% 16 65 100 39% 96 100” 9 57 25 135 19 83 91% 105 21 146 96 108 % 99 96 43% 100 104 ___ 53' 96 75 " 4 16 95 100 10% 100 85 8 9 66 61 98% 103 1 14 3 31 30” 87 8394 57% 304 48 56 85 49 20c. 5 17% 21 52% 100 65 % 103 25 79 93 75 7% 58% 109 81% 119 92 92 118 106 96 112% 96 45 41% 96 W ise 100 110 99% 37” 15 _ tr>i O' A sk . N o rth A m erican Co com ______ 10 d 44% 6% p re fe rre d _______________ 50 d 48 N o rth e rn N Y U til, In c , c o m . .25 d ___ P r e f e r r e d _________________ 100 101 N o rth e rn Ohio P ow w if & as is s . _ 6% N o rth Ohio T r & L p re f 6 % _ .1 0 0 73 N o r O n tario L t & Pow com __ 100 45% P r e f e r r e d _________________ 100 70 N o rth e rn S tates P o w e r______ 100 110 P r e f e r r e d _________________ 100 97 N o rth e rn S ta te s P ow of W is— P r e f e r r e d _________________ 100 55 N o rth e rn T ex E lec C o com __ 100 68 P r e f e r r e d _________________ 100 N o rth w e st E le c tric __________ 100 94” P r e f e r r e d _________________ 100 N o rth w estern Teleg (g u a r)____ 50, d 40 Ohio Bell Telep p re f_________ 100 106% Ohio C ities G as—-See P u re Oil Co Ohio Fuel C o rp _______________ 25 dx 31 % 98 Ohio G as & E lectric p re f_____ 100 95 Ohio P u b lic Service p re f A ___ 100 Ohio T rac tio n — C om m on ___ 100 42” P r e f e r r e d _________________ 100 O klahom a N a tu ra l G a s_______ 25 d 27 6 O m aha & Council B luffs_____ 100 40 P r e f e r r e d _________________ 100 O tta w a L ig h t H e a t & P o w ___ 100 P r e f e r r e d _________________ 100' r O ttaw a T ra c tio n ____________ 100.r 63 O ttu m w a (la ) R y & L t p re f___100| Pacific & A tla n tic T el (gu)____ 25 d 16% Pacific G as & E le c tric _______ 100 x 105 F irs t p re fe rre d _____, ______ 100 100 91% Pacific L ight C o rp ____ 100 P r e f e r r e d _________________ 100 Pacific Pow & L t 7% p re f____.100 100 97 Pacific T elep & T eleg________ 100 10) P r e f e r r e d _________________ 100 9 ?44 6 25 d P a d u c ah E lec tric C o _________.25 P aterso n & P assaic G as & E l . 100 81 100 82 P a w tu c k e t G as p re f__________100 P e n in su lar T elep Co com _____ 100 100 P r e f e r r e d ___________ 98 100 Penn C en tra l L t & Pow p r e f . -. ((+) t ) d 63 par) d 102 Pen n s vlv E dison p re f__ ' Penn-O hio E lec Co p re f______ 100 92 Penn-O hio Pow & L t 8% p re f. 100 10? 7% p re fe rred ______________ 100 94 8% p re fe rre d ______________ 100 104% P en n sy lv an ia P ow & L t p r e f - .((t) t ) d 100 P en n sy lv an ia W ater & P o w . .100 100 130 P eo p le’s G L & C (Chic) .100 111 --5 050dd 52% P h ila C o (P itts b u rg h )__________ 5% no n -cum p re fe rred _______50 d 35 6% cum p re fe rred ___________ 50 d 46 A llegheny T ra c tio n __________ 50 d 20 C itizen s T ra c tio n ___________ 50 d 37 C onso lidated T ra c p re f_____ 50 d 20 D u q u esne L ig h t 1st p re f__ 1001 108 % F ederal S t & P le a sa n t V al___ 25 d 12 M on o n g ahela L t & P r _______50 d 39 M on o n g ahela S t R y _________ 50 d 2 ‘% P itts b u rg h & B ’h a m T r _____ 50 d 25 Sub R ap T ra n S t R y ________50 d 22 % [V ol. 120, /Purchaser also pays accrued dividend, d Price per share, not per cent, t New stock, hEx-stock dividend, kLast sale, Canadian price, gSale price u Ex-warrants. » Old stock, x Ex-dividend, y Ex-rights, t Without par value, l In London, n Nominal. 43 INDUSTRIAL AND MISCELLANEOUS SECURITIES U n d er th e h ead in g “ In d u s tria l an d M iscellaneous S ecu rities” we include all issued w hich do not a p p e a r u n d e r th e previous tw o headings, namely.. “ R ailro ad (S tea m )” an d “ P u b lic U tilitie s .” In th e case of stocks, how ever, w e p u t "T e x tile M a n u fa c tu rin g ,” “ In s u ra n c e ,” “ M in in g ,” “ R e a l Estate’’ a n d L a n d ,” “ T itle G u a ra n tee a n d Safe D ep o sit C om p an ies” u n d e r s e p a ra te h ead s, th e n follow w ith th e re s t of th e “ In d u s tria l a n d M iscellaneous.” NOTICE.—All bond prices are “tend interest’ except where marked “f” and income and defaulted bonds. Bonds. A b itib i Pow & P a p e r 6s 1940 J& J2 A cm e W h ite L ead & C olor W orks 1st 6s Ju ly 1925 to ’28 o p .J & J A dam s E x p coll t r g 4s ’4 8 -M&S Coll t r g 4s 1947________ J& D A dvance-R um ely 6s D ec ’25 M&S A jax R u b b er s f 8s 1936___ J& D A labam a C ons Coal & Iro n —• 1st cons M 5s 1933______ M&N A la Steel & Ship b id?—-See T enn A laska Gold M ines deb 6s’25M&S D eb 6s 1926 ser B _______ M&S A llied P ack ers d eb 6s 1939—J& J 1st M & coll t r 8s 1939____J & J A lpine M o n ta n Steel C o rp — l s t s f 7s 1955— __________ M&S A lum inum Co 7s 1925_____M & N D e b en tu re 7s 1933______A&O A m A gric C hem 1st 5s 1928-A&O 1st re f s f 7 Ms 1941_____ F&A A m erican B eet Sugar Co— C onv s f deb 6s 1935_____F&A A m er C h ain deb 6s 1933__ A&O A m er C hicle—-6s ’25-’2 7 __ A&O Sen Sen C hic 6s Ju n e 14 ’29J& D A m er C o t Oil g 5s 1931 o p t M&N A m erican Ice S ecurities—■ A m erican Ice Co— R E 1st & gen s f 6s ’42 o p t ’13__ F&A A m M ac h & F d y s f 6s 1939-A&O A m R ep u b lic C orp 6s ’3 7 - -A&O A m er R olling M il] 6s 1 9 3 8 --J & J A m er Sm elt & R ef 5s 1 9 4 7 --A & 0 1st M 6s 1947 series B __ A&O A m er S ugar R efg 6s 1937__ J & J A m erican S u m a tra T obacco— 7% % s f conv n o te s 1925-J& D A m er T h re a d 6s 1928______J& D A m erican T y p e F o u n d ers— D eb gold 6s 1926_______ M&N D eb gold 6s 1937_______ M&N D eb gold 6s 1939_______ M&N A m er W rit P a p e r s f 7-6s ’3 9 -J& J T em p in te rc h a n g ea b le c tf d e p . A naconda C o p p er M in in g — 1st con 6s 1953 series A__F&A C onv d eb 7s 1938_______ F&A 6% gold bon d s 1929 ser A .J & J A ndes C op M in deb 7s 1 9 4 3 -J& J A n tilla Sugar Co-—1st M 7 % s 1939 ser A ____J & J A rm our & Co o f D elaw are— 1st M 5 % s 1943 ser A ____J & J A rm our & C o— R eal e sta te 1st gold 4 % s 1939 o p t______J& D A ssociated Oil 6% n o tes ’35-M & S A ssociated Si nm o n s H ard w Cos 6 % % gold n o tes 1933____J & J A tl F r u it & SS d eb 7s ’3 4 - -J& D C ertific a te s o f d e p o sit________ Bid. A sk . Bonds. OUS B ONDS C h arco al Iro n o f A m er 8s 1931__ C hic J e t coll t r re f g 4s ’4 0 - -A&O r 99% 100% C oll tr u s t re f 5s 1940____A&O Bid. C hic U n S ta— See S team R R bds ico u tim i P u lp 6s 1943___ J & J 85" 85% CC hhilds & Im p 6s ’26-’3 5 _____ / 77 78% C hilds Bldg Co 6% n o te s 1 9 2 9 --J& D 99 M 100% C ities Service R ef 7s 1933___ J & J 98% 99 C learfield B it C oal 4s 19 4 0 --J & J U n T e rm — See S team R R s 96M CC lev ly d e SS 1st 5s 1931 o p t- .- F & A c i & RR. Col Fuel & Iro n s f 5s 1943—F&A 6% / 5% In d u s tria l— 6% C olorado / 5% g gu 5s snr A & B ’34 o p t F&A 76 77 C o1st m m ’l C re d it 6s 1934___ M & N 89% C o m p u tin g -T ab u latin g -R ec Co 88 Sinking fu n d gold 6s 1941-J& J 91 onsol T ex tile 1st 8s 1941-_ J& D 101 M 101% CConsol C oal 4 Ms 1934 o p t--M & N 107 107% & re f s f g 5s 1950___ J& D 100M 101% C o1st n tin e n tal P a p & B ag M ills C orp 97M 97% 1st & re f 6M s 1944 Ser A_F&A rn P ro d R ef s f 5s 1931--M & N 98 M 99 C o1st 5s 1934 s f ________ M&N 98 M 99 C ram pg (W Ship & E ng B ldg 96 97% 1st M gm)5s Sons 1929 o p t _____M&S C rew L evick Co 1st 6s 1931-F& A 93" 93% C row n C ork & Seal 6s 1942-F& A / / v d eb 8s 1930________ J& J 103% C uCboa n(T he) C o m p an y — 99% C onv sec s f 6s 1935______ J & J 94% b an -A m erican Sugar—101% C u1st M coll 8s M a r 15 ’31 M&S15 97 C u b an D om inican ugar C o— 107% 1st lien s f 7 Ms S1944___ &N 102 C u d a h y P a c k s f 5s 1946__MJ& D fu n d deb g 5 Ms ’3 7 - -A&O 98 C uSink y am el T ru s t Co—103% 1st m tg e 6s 1940_________A&O leben C oal C orp—• 101% D e1stB ard 6 Ms 1925-1943____J & J 102% D eere M & Co % n o tes ’31 _M&N 102% D e ry (D G) 7CMorp 7s 1942--M & S 96 D en v er U nion Stock Y ards— 45 F ir s t gold 5s 1926_______ J & J ewees (W ) W ood Co 5s ’30 M&N 99% D D old (Jac) P a c k 1st 6s ’42-M & N 100% D m in C oal 5s ’40 op ’1 0 --M &N 103% D oo m C o, L td — 96% 1stinsiof n6sGJlass u n e 2 1933__ J& D 2 in Iro n & Steel 5s 1 9 2 9 --J & J 94 D om C onsol 5s 1939__________ M & S b r D o n n aco na P a p e r 5M s ’4 0 —J& D D o n n er Steel 7s 1942_______ J & J 92% 92% D u n lo p T ire & R u b b er Co— M 7s 1942 Ser A _____J& D s 87% 87% d u 1st o n t (E I) de N em P o w d e r— 102% 102% GPold 4 Ms J u n e 1 1936__ J& D — s 83 j d u P o n t (E I) de N em ours & C o G old 7M s M a y 1 1931---M & N 7 M s ’3 7 —M & S / 25 27 | E a s te rn C u b a S5su g1931______ F&A / .... 39%' EE alksteHrno rnS teel A tl G u lf & W in d ie s SS LinesC oal 6s 1925___ J& D Coll t r g 5s J a n 1 1959___ J & J E m p ire R efg 1st 6s 1927____F&A 64 65 A tla n tic R efin d eb 5s 1 9 3 7 --J & J a irm o n t C oal 5s 1931_____J & J 98M 99 FFarm B aldw in L o co m o tiv e W orks—■ ers M fg Co 7s 1943__ M & S 1st s f 5s 1940 o p t a ft ’15-M &N 102% F e d e ra l Sug R ef 6s 1933__ M&N — B arag u a S ugar (C om p A zucarera F e d e ra te d M e ta ls s f 7s ’3 9 _ -J& D B araq u a ) 7 % s 1937___ J & J 15 104 104% F isk R u b b Co 1st 8s 1941—M & S B arn sd all C o rp 8s 1931 ser A -J&J 104% 104% F ram e rica n In d & D e v C orp— B eav er B o ard Cos—D eb 7 % s 1942__________ J & J C oll t r u s t 8s 1933________ J&.J Sug 7 Ms 1942-M &N15 93M 94 FGrancisco B eech C reek C & C 5s ’44_-J& D a ir (R o bert) Co 1st 7s ’3 7 - -J & J s 94 96 B o o th Fisheries s f 6s 1926-A & 0 G alena-Signal Oil deb 7s ’30-A & O s 77% 80 B eth leh em Steel C o rp o ratio n G eneral A m er T a n k C ar Corp-—• C ons s f 5 Ms 1953 ser B _ .F & A 86 86% E q u ip t r 7M s ’31 Ser G G -A & O b C ons m tg e 6s A ug 1 9 4 8 --F& A E q u ip 5M s 1925________ M&N 94% 94% C ons m tg e 6s 1948 ser A .F & A 93% 94% E q u ip 5M s 1926 & 1927--M & N b B e th S t 1st ex g 5s ’26 g u .J & J E q u ip 5 Ms 1928-1934— -M & N 100% 100% B e th S t p u r m 6s Aug ’9 8 -O -F . 112 114 G eneral A sp h a lt Co— B eth S t 1st 1 & re f 5s ’42-M & N C o n v s f 6s 1939________ A&O 96% 96% P u rc h m o ney 5s 1936__ J & J 90 90% G en ’l B aking 1st 6s 1936__ J& D B e th Steel eq t r 7s 1 9 3 5 --A&O 103% 104% G eneral C igar 6s 1925_____J& D Serial 6s 1935_____________ J& D P e n n -M a ry Steel 5s 1937-J & J 97M 98% G en B orden M ills, In c — ’l Elec 3 Ms 1942 o p t__ F&A F irs t m tg e s f 6s 1934____F&A D eb g 5s ’52 ta x -e x N Y __M & S 99 100 B oston T erm Co 3 Ms 1947-F& A G eneral P e tro leu m C orp— 86 88 B rier H ill Steel 5 % s 1 9 4 2 --A & 0 99 99% 7% s f g n otes F eb 15 ’31 F&A15 B runsw ick-B alke-C ollendar Co— 6% g n o te s A p r 15 ’2 8 —A & 015 6% serial n o te s 1926-29__ J & J C o n v 6% n o te s 1927—M & S15 100 M B u ffalo & Susq Iro n 5s 1932 J& D G en R efractories 6s 1952__ F&A 92% — D eb g 5s J a n ’26 o p t ’1 0--M & S G erm an G en Elec 7s ’4 5 —J& J15 G oodrich (B F) 1st 6 % s 1947-J&.T B u sh T e rm 1st 4s 1952_____A&O 86 C ons g 5s J a n 1955_______ J & J 85M 87% G o o d y ear T & R u b 8s ’4 1 . .M & N B u sh T erm in al B uildings Co— D eb s f 8s M a y 1931_____F&A 1st s f gold g u a r 5s I9 6 0 --A&O 96% 99 G ra n b y C on M in Sm elt & Pow —■ B y -P ro d u cts C oke C o rp — 1st conv 6s 1928 Ser A ..M & N S ta m p e d ___________________ 1 st & re f s f 8s ’36 ser A -.M & N 106% 107% C alif P e tro leu m 6M s 1933—A&O 103% 103% C o n v dob 8s 1925_______ M&N C am ag u e y S u g ar 7s ’42__A & 0 15 92% 93 G ra y & D avis conv 7s ’3 2 __ F&A C an a d a C em en t 1st 6s ’29 op A&O r 102% G u lf Oil o f P a d eb 5s 1937__ J& D C an a d a SS L ines 7s 1942. _M&N 98% 99 H a n n a (M A) Co— D eb 5s A ug 15 1 9 4 3 ---F & A 15 r 77 D eb g 6s 1934___________F&A — C an a d ia n C ar & F d y C o, L td — H a v a n a T obacco 5s 19 2 2 --J& D / 1st s f gold 6s 1939______J&D r 102% 102% H e a rst P u b lica tio n s, In c — C an a d ia n C ons R u b b er, Ltd1st M & col t r 6 Ms ’26-’36 M&N n G o ld 6s 1946 o p t 1911__ A&O r 99% 100% H ersh ey C hocolate 6s 1942 M & N H oboken L a n d & I m p t Co-—• — C a n a d ia n C o tto n s 5s 1 9 4 0 --J& J2 r 91 C a n a d G en E lec 6s 1942 A&O 1st M g 5s N o v 1930___ M & N 95% H o ck Y al P ro d 5s 1961 o p t . _J & J C en tra l F o u n d ry 6s 1931 F&A 55 65 H oe (R) & Co 1st 6M s A ’34 A&O C e n t H u d S t’b o a t 5s A pr ’33 A&O 97% 98 H olland-A m er L ine 6s ’47-M & N / C en tra l L e a th e r 1st s f 6s ’4 5 -J& J H ollingshead (T he R M ) Co— C e n tra l S teel 1st 8s 1 9 4 1 --M & N 110M 111 1st 7s 1938_______________ F&A H o lly Sugar 7s 1937________ J& J H ood R u b b er 7s 1936______J& D H u d so n N a v g 6s 1938 o p t..F & A / 125" 128 103 1 b B asis. / T h i s price includes accru ed in te re s t, k L a st sale, n N om inal, Bid. 10054 94M 75 93 In d ia n a C oke & G as 6s ’4 6 —A&O 102 In d ia n a Steel 1st 5s 1952__ M&N I n d ’n ’p A b a tto ir 7M s ’31-M & S15 In g erso ll-R an d 1st g 5s D ec 31 99% 1935 o p t D ec 31 1910___ J & J 8 7 'A In la n d S teel 1st 6s 192^-28—A&O 100 In te r n a t A gricultural C orp— 70 1st & coll t r s f g 5s ’32 op M&N 96 63 Ma S tp d e x t to 1942______M&N 90% I n te rn a t M erca n tile M ariner— 83% 1st M coll tr u s t 6s 19 4 1 --A&O .88M 88% , 99 In te rn a tio n a l P a p e r— 88M 88% 1st & re f s f 5s 1947 ser A —J & J 102% 1st & re f 5s 1947 ser B ____J & J 96" R ef m tge 6s 1955 ser A —M&S 84 82% 95 In te r n a t S alt g 5s 1951 o p —A&O 81 106 I n te rn a t S ilver 1st 6s 1948—J& D 83 100M D e b en tu re 6s 1933______ . J & J 90% Iro n S te a m b t gen 4s 1 9 3 2 --A&O Jefferson & C learfield C oal & Iro n 94 91% In d ia n a Co 1st s f 5s 1950-J& J 102 102 Jones & L au g h lin S t 5s '39-- M&N 101M Ju rg e n s (A nton) U n (M argarine) 99% W ks conv 6s 1947 ( fla t) - -J & J / 93% 80 K au fm an n D e p t S tores C orp— 96M 97% 6% notes ’35 w ith w a rr’ts .F & A 101% K ay ser (Julius) & Co— 103 102% 1st M s f 7s 1942_____F& A 15 — s 98 K elly-Springfield T ire Co-— 94% 97 8% g n otes M a y 15’31 M &N 15 103 108% — K e y sto n e S t & W ire 8s ’41 —A&O 102 1(J6% 107% K in n e y (G R ) Co 7 M s 1936-J& D 57 / 54 97% 97% K n ig h t (B B & R ) 7s 1930—M & S 92 93 K ru p p (F ried) L td —■ X 92% 92% 7% do llar n o te s D e c l5 ’29 J& D 95 k, 95 93 L a B elle Iro n W ks 1st 5s ’40 J&D. 103% 102% 99 99% 1st & re f 6s 1940_____ .J& D 93% 93% L ac k a w a n n a Steel 5s 1 9 5 0 --M&S 21 7% 6%% L a k e S u p erio r C orp inc 5s ’24 O ct 50 104% 104% 1st & coll t r gold 5s 1944—J& D n 4 5 '" 76 80 Lehigh C oal & N a v ig atio n — 93 F u n d in g 4s g J u ly 1 1 9 4 8 --J & J 97% 99% 100% C ons s f g 4M s 1954_____J & J RR of N Jp31 99 L eh & W -B arre C oal— See C e n t R S 102 % 85% 87 L ib b y M cN & L ib b y 7s ’31 M&N 120 89 92% L ig g ett & M y ers g 7s 1 9 4 4 .-A & O 119% 99% 100 G old bonds 5s 1951___ —F& A L ittle (A E ) Co 7s 1942____A&O — 91% L o rillard (P) Co g 7s 1944—A&O 116% 117% 95% 95% ____ 57% G old bonds 5s 1951______ F&A 100 99 99 101 L ukens Steel 1st M g 8s ’40 M & N 114 116 M ag m a C op conv 7s 1 9 3 2 .-J& D M ag n o lia P e tro leu m C o 101 s 101% D eb g 4M s ’26 & ’2 7 -.F & A 1 5 D eb g 4M s 1928-’3 4 - —F&A15 88 83 93% 94% M allo ry SS 1st s f 5s 1932__ J & J 100 99 M a n a ti S ugar 1st 7M s ’4 2 —A&O 107% 107% M a n u fa c tu re rs ’ F in an ce Co— 99 105 105% Col t r 6% n otes 1935___ A&O 84 87 M a rla n d Oil Co-—• 99% 99 99% 5% g eld n o te s 1926_____M & N 107% 108 M cM y le r I n te rs ta te 7s ’4 3 -J& D 97% 98% M id -C o n tin e n t P e tro l C orp— 96% 97% 99% 1st s f 6M s 1940________ M & S 96 97% 98% M id v ale S teel & O rdnance— 90% 101 103% C onv s f 5s 1936________ M&S 90% 101 111 111% M ille r (I) & Sons 7 s ________ 1934 R y & 32 M onon C oal— See C hic In d & L 83% 91 M o rris & Co 1st s f 4 % s ’3 9 -J & J 102% 105 106% 7 M % gold n o te s 1930— -M & S 102% 100 s 101 M tg e-B o n d Co 4s ser 2 ’66-A&O 77 97% 96 104%s 105 5s series 3 1932__________ J & J 98% 98 M u rra y B ody 1st 6 Ms 1934-J& D 85% 83 102% N a t A cm e 7 % s 1931_______ .T&D QQ 98 __ 5% N a t E n a m & S tp g 5s 1 9 2 9 .-J& D 101% 100 N a t L e a th 8% n o te s ’25-M & N 15 101% 5.50 5.25% N a t S ta rc h d eb 5s 1930 g u .- J & J 98M N a tio n a l T u b e 1 st 5s ’5 2 .-M & N 100M 102% 103 N a to m a s Co gen 6s 1935__ J & J R 105% 105% N ew E n g N a v — See N Y N H & H Hn E___ 100% 100% N ew E n g O il& R ef 1st 8s’31 M&S 99 101% 102% N J Zinc 1st 4s 1926_______ A&O 103 105 82% ew N iq u ero S ugar 7s 1932.J&.T 102% 103% N N ew R iv e r Co 1st 5s 1934__ J & J i 90 96" 94 N e w p o rt Co 7s 1932_______ M & S 104% 105% 105% N Y A irB ra k e lst 6s’28 conv M&N 104 78% 101% 101% N Y D ock Co— 1st g 5s ’51-F & A 78 90 N Y & H o b F y 5s M a y ’4 6 —J& D 88 loo" 100% H oboken F e rry 5s 1946 M&N 86 93% 93% N Y & N J F e rry — 5s ’46- - J & J 81 79 104% 104% N Y S hipbldg 1st 5s N o v 1 ’4 6 __ ilities 119% 120 N ew Y o rk S team — See P u b l c U t 33 30 108% 109 N orw alk Steel 4 M s 1929____J & J 72M 70 N o v a S cotia S & C 5s 1 9 5 9 .-J & J 67 96% O ’G a ra C oal 5s ’55 o p a f t ’08 M & S __ Ogilvie F lo u r M ills 6s ’3 2 __ J& D r 103M 104 96% 183M 100% 100% Series B _____________________ r 104 93% 95 Series C _____________________ 97M 97% 98% 99 Old B en C oal 1st 6s 1944__ F&A Oswego F a lls C o rp 8s 1 9 4 2 .-F& A 96% 97% 97 99 O tis Steel s f 8s 1941_______ F&A 90% 90% 92% ---. 1st s f 7M s 1947 ser B __ F& A 90M P acific C o ast Co g 5s ’4 6 __ J& D 100 P a c F r u it E x p E q —-See So P a c if i c Coip 104 104% P an -A m er P e tro l & T ra n s p C o—■ 105M 106% 1st lien e q uip 7s 1930___ F&A — HIM 112 90 S f 6s 1934 te m p c tf s ____M & N P a rk L exington— 96% 101% 102% 1st leasehold s f 6 % s ’5 3 - .J & J 95 98 94 82% 83% P a rk & T ilfo rd s f 6s 19 3 6 --J& D 100 Penelec C oal 6M s 1944____F&A 103 103 P en ick & F o rd 6 % s 1943__ J& D 101 100 99% 100 P en m an s L td — 1st 5s’26op M & N — s 102% P e n n a C & C 1st 5s ’32 o p —J & J -----P e n n M a ry Steel— See B e th Steel 118" 123 100 80% 93 89 81% 98% 101% 83 80 90% 100% 101 98 98 78% 96% 101% C u b a C an e Sug deb 7s 1 9 3 0 --J & J 103% 98 M 93% 100% 96% 106M 101% 97% — s 100M 101 101 95 43% 99% 100 103% 95% 93M Bonds. 93 H um ble Oil & R 5 Ms ’3 2 -J & J 15 Illinois Steel d eb 4 M s 19 4 0 --A&O 97% In d e p e n d e n t B rew ing 6s ’55 J & J A sk . 90 95% 99% r C an a d ia n price s Sale price. 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS [Vo.,. 120. N O T IC E .— A ll b o n d p r ic e s a r e “ a n d i n t e r e s t ’ e x c e p t w h e r e m a r k e d “ ! ’■ a n d in c o m e a n d d e f a u l t e d b o n d s . B o n d s. Bid. P en n sy lv an ia S teel— P a& M d S teel con g 6s’2 5 .M & S Span-A m er Iro n 6s 1 9 2 7 ..J & J P h ila & R ead O & I 5s 1973-J & J Ph illip s P e tro leu m Co—■ D eb g 7 * s '31 (w ith w ar)_ A & 0 W ith o u t w a rra n ts __________ Pierce-A rr M o t C ar 8s 1943.M &S Pierce Oil 8s D ec 15 '3 1 --J& D 1 5 P illsb u ry F lo u r M ills Co— 1st M 6s 1943__________ A&O P itts b B rew ing 6s F eb 4 '4 9 -J& J P itts C oal d eb 5s J u ly '3 1 --M & S P ittsb u rg h -W estm o re la n d C oal 1st s f g 5s 1947 o p ______M &N P le a sa n t Val C oal 5s 1 9 2 8 --J & J P o c a h o n ta s C onsol C ollieries— 1st gold 5s 1957 o p _______ J & J P o r t A rth u r C an al & D ock— 1st 6s 1953 ser A ________ F&A P o rto R ican-A m er T obacco Co—8% g b d s M a y 15 '3 1 -.M & N 1 5 Pow ell R iv C o 6s '2 6 -2 7 __ J & J P o w er C o rp of N Y 6 * s '4 2 --1 0 0 1st M s f 6s 1942 B ______M & N P ressed S teel C ar 5s 1 9 3 3 ---J & J P ro d u cers & R efiners C orp— 8s 1931 (w ith w a rra n ts)-_ J& D W ith o u t w a rra n ts a tta c h e d ___ P u n ta A legre Sug s f 7s '2 7 - -J & J P u re Oil Co 6 * % n o tes '33- J& D R em in g to n A rm s 6s 1 9 3 7 -.M & N R ep u b lic I r & Steel 5s '4 0 - -A&O R ef & gen 5 * s '53 ser A - .J & J R im a S teel C orp— 1st s f 7s 1955___________ F&A R io rd o n P u lp & P a p e r L td — 1st 6s J u n e 30 1942___ J& D 30 R o b b in s & M y ers 7s 1942__ J& D R o ch & P itts O & I 5s '4 6 - -M &N 1st s f g 4 K s 1932 o p t____F&A R o ck y M tn F u e l 5s 1943 R ogers-B row n Iro n 5s ’26-’40 J & J G en & re f 7s 1942_______M&N S t Jo sep h S tk Y ds 4 K s '3 0 - -J & J S t Law rence P u lp & L um ber— 1st M 6s 1926-1929______ F&A 1st M 6s 1930-1933______ F&A S t Regis P a p e r 6 * s '2 5 -'2 9 -.J& D 6 * s 1930-1934_________ J& D S t Louis B rew A ssn 6s 1 9 3 9 --J& J S t L N a t S to ck Y ds 4s '3 0 - - -J & J S t L R k y M t & P 5s '55 s tp d - J & J Saks & C o s f 7s 1942_____ M&S Saxon P u b W k s (G erm an y )— 1st e x tl s f 7s 1945_______ F&A S ecurities C o N Y 4 % c o n s, _M&S Sen Sen C hiclet— See A m C hicle Sharon S teel H oop 8s 1941-_M&S Shaw sh M ills 7% n o te s '3 1 - -A&O Sheffield F a rm s Co— 1st & re f 6 * s 1942______A&O S h u lts B read 1st 6s 1940__ M&S Siem ans & H alske— 3 -y ear sec s f 7s 1928______J & J 10-year sec s f 7s 1935____J & J Sinclair C ons Oil C o rp — 1st 1 coll 7s ser A I937.M & S15 1st lien coll 6 * s '38 ser B . J& D 1st 1 6s '27 O w ith w a rr--J& D S inclair C ru d e Oil P u rc h Co— 6% n o tes ser A 1928_____F&A S in clair P ip e L ine 8 f 5s '4 2 -A & 0 Sizer S teel 1st 7s, 1937 ___ M&N Skelly Oil 6 * % n o tes ’2 7 ..A & 0 Sloss-Sheffield S teel & Iro n — 6 % s f gold n o te s 1 9 2 9 ---F& A 6 B asis. A sk. 100* 100* 99* 100 * 100* 100* 107 103 92* 103* 92* 101* 86 — 101 99 92 97* 94 99 92* 93* 100* — 102* 104 95* 95* 112 110* 101* 99* 88* 94* 115 111 105* 100 89 94*1 91* 89* 93* 66 91 98* 55 — 94* 90 68 ____ 60 72* — loo" 98 102" 100 94" 80* 105* 95* 81* 106* 92 54 92* 57 106* 100* 107 100* 105* 97 106* 100 98* 96 99 96* 91* 88* 105* 91* 88 ‘4 103* 99* 84* 100* 81* 107* 108 101* 102 / T h i s p rice includes accru ed in te re s t, B o n d s. Solvay & C ie 6s 1934______A&O S o u th P o rto R ico Sug 7s '40 J& D S ta n d a rd M ill 1st g 5s '3 0 - -M & N S ta n d a rd Oil (C al)— 5% serial n o tes 1925_____ F&A 5% serial n o te s 1926_____ F&A 5% serial n o te s 1927_____ F&A 5% serial n o te s 1928_____ F&A 5% serial n o te s 1929_____ F&A 5% serial n o tes 1930_____ F&A 5% serial n o te s 1931_____ F&A 5% serial n o tes 1932_____ F&A 5% serial n otes 1933_____ F&A S ta n d a rd Oil of N ew Y ork— 6 * % g deb M a y 1 '3 3 --M & N S ta n d a rd P la te G lass Co— 6% n o te s 1930____________M&S S tan d Steel W ks 1st 5s '2 8 -_ J & J S ta n d a rd T ex tile P ro d u cts— 1st s f 6 * s 1942________ M &S S teel Co of C an 6s 1940____J & J Steel & T u b e Co of A m er— G en M s f 7s 1951 Ser C -__ J & J Sugar E s ta te s of O riente— 1st s f 7s 1942__________ M &S Sun Oil d eb s f 5 H s 19 3 9 --M & S Superior Oil 1st 7s 1929--F& A 15 Sw ift & C o 1st s f g 5s '4 4 __ J & J 5% s f g n o te s O ct 15 '32 - -A&O T a y lo r-W h arto n I & S— 1st 6s 1942______________ M & S 1st & re f 7 * s 1946 Ser A .. J & J T en n C oal I & R R 5s 1951 J& J A la S teel & Shipbldg 6s '3 0 -J & J T en n C op Co conv 6s '2 5 - -M & N T h y ssen (Aug) Iro n & S teel W ks 5-year s f 7s 1930________ J & J T id al O sage Oil s f 7s 19 3 1 --F& A T id e W a te r Oil 6 * s '31-F& A 15 T ran sc o n tin e n tal Oil— 7% n o tes 1930__________ A&O T ra y lo r E n g & M fg 8s 1936___ T ubize A rtificial Silk 8s '4 3 - -J & J U nion B ag & P a p e r 6s '42.M & N U nion Oil Co o f C alifornia— F irs t lien s f 5s 1931 o p t__ J & J 6s M a y 1 1942 Ser A ..........F&A S f g 5s F eb 1 1935______A&O U nion S teel Co 1st 5s '52 gu_J& D U nion T a n k C ar E q 7s '3 0 . -F& A U n ited D ru g 6s '44 te m p .A & O 15 U n ited L ead d e b 5s 1943____J & J U n ited Oil P ro d u ce rs C orp— 1st 8s J u ly 25 1931____J& J25 U n ited S team ship 6s 1937-M&N U n ited S tores R e a lty 6s '4 2 -A & 0 U S E n v 1st 5s 1 9 2 5 -1 9 3 4 -.-J& D U S Fin ish ing con g 5s 1 9 2 9 .-J& J U S R u b b er 7 * % n o tes '3 0 -F& A 1st & re f 5s 1947 Ser A ___ J& J 6 * % serial n otes 1926__ M&S 63-3% serial n o te s 1927__ M&S 6 * % serial n otes 1928__ M&S 6 * % serial n o te s 1 9 2 9 -.-M&S 6 * % serial n otes 1 9 3 0 ---M&S 6 * % serial n otes 1931__ M&S 6 * % serial n otes 1932__ M&S 6 * % serial n o te s 1933__ M&S 6 * % serial n o te s 1934__ M&S 634% serial n o te s 19 3 5 -..M & S 6 * % serial n o te s 1936__ M&S 6 * % serial n o te s 1937__ M&S 6 * % serial n o te s 1938__ M&S 6 * % serial n o te s 1939__ M&S 6 * % serial n otes 1940__ M&S U S S m elt R efg & M ining— C o n v 6% n o te s 1926_____F&A it L a s t sale, n N om inal, Bid. B on d s. A sk . Bid. A sk . 102^8 103* 99* 1 0 2 * | U n ite d S ta te s S teel C orp— 108 109 Col t r s f 5s A p r '51 op 'l l . V a r 104 109 Col t r s f 5s A pr '51 n o t o p .V a r 108 — 105* 105 Col s f 2d 5s A pr '63 o p ’13 M & N — 1 0 0 * U n iv er’l W inding Co 7s '3 7 - -J & J 101 1 0 1 * U ta h F uel— See D en & R io G r, p 32 1 0 1 * U ta h -Id a h o Sugar Co—1st M serial 7s 1 9 2 7 -3 0 ---J & J 101* 106* s 106* 1 0 1 * V acuum Oil Co 7% 1936__ A&O V andalia C oal 1st 6s '30 o p .J & J 101 102" 102* 1 0 0 * V an Slyke & H o rto n 7s 1938___ 93 93* 1 0 0 * V e rtie n te s Sugar 1st 7s 1942 J& D V ictor-A m er F u el 1st 6s '4 0 -F& A 100* — V ictor F u e l 1st s f g 5s 1 9 5 3 .J& J 55* 1 0 7 * V irginia-C arolina C hem ical— 86 1st s f 7s 1947 se r A ______ J& D / 8 5 * 86 / 84 C e rtific a te s of deposit _ 98 81* / 80* C tf of dep o sit stam p ed . — S f conv 7 f i s 1937 ser A .. J & J 46" W ith & w ith o u t w arr a tta c h / 4 5 " 94* 46 C e rtif of d ep w ith o u t w arr / -----47 C e rtif of deposit w ith w arr / 4 3 * 91* 91 1 0 7 * Va Iro n C oal & C oke 5s '49-M & S 102* W ard B aking 6s 1937____J& D 15 1 0 1 * 93 92* 9 6 * W arn er Sugar R ef 7s 1 9 4 1 .-J& D 78 * 78 9 6 * W arn er S ugar C orp 1st 7s '39 J& J 37 33 9 9 * W ayne C oal 6s 1937_______ M&S 93 91 9 8 * W eb ste r C&C 1st g 5s '42 op M&S 100 99 9 5 * W eb ste r M ills 6 * s 1933__ J& D 102 * W est K y C oal 7s 1944_____M&N W est V irginia C oal & C oke— 92 95 * 95 * 1st M 6s 1 9 5 0 - - .................. J & J 89 99 * W estern E lec deb 5s 1 9 4 4 ..A & 0 98* 102 W estinghouse E lec & M fg— 107 * 7 % gold b o nds 1931_____M&N 107* 101* 94 W hitak er-G lessn er Co 5s ’41 A&O 91 1st s f g 6s 1941__________ A&O 1 0 1 * 102* 98* 86 85 1 0 4 * W ickw Spencer S teel 7s '3 5 . -J & J 85 C e rtific a te s of d e p o sit________ 84 101* 100* W illys-O verland 1st 6 * s '33 M &S 100 95 * 95 W ilson & Co 1st 6s 1941____A&O 100 73 C onv s f g 6s 1928________ J& D C e rtific a te s of d e p o sit______ 71* 71 i l 108 74 C onv s f g 7 * s 1 9 3 1 ____F&A 73 * 95* C ertific a te s of d e p o sit______ 71* W in ch ester R ep e a tin g A rm s— ______ 1st gold 7 * s 1941_______ A&O 1 0 1 * 102 86 X 9 6 * W oodw ard Iro n 5s 1952___ J& J 98* Y oungst Sh & T u b e 6s 1943-J& J 98 * 105 EX C H A N G E SEA TS. 102* N o . Last Sale 96* N Y Stock E x c h __ 1,1008104,000 600 N Y C on S tk E x c h . 425 500 34 1,200 1,100 N Y P ro d u ce E xch. 1,800 1,200 95 N Y C o tto n E x ch . 450 33,000 30,000 35.000 105 9,950 N Y C of & Sug E x. 327 9,700 550 12,000 8'900 12.000 9 0 " N Y C u rb M a r k e t. 87 2,000 1 0 5 * B altim ore S tk E x ch 7.500 6‘ 666 140 7,000 8 5 * B oston Stock E x c h . 8.500 8,100 1 0 1 * C hicago B d o f T r ’d e l , 592 5.500 C hicago Stock E x c h 250 5,500 102 C in c in n ati S tk E xch 35 7,500 102 C leveland S tk E xch 36 3,000 101 D e tro it S tock E x ch 50 4,000 100 Los A ng Stock E x ch 400 4,900 4,900 100 29 1,200 9 9 * L ouisville S tk E xch M in n C h o f C o m m . 587 3,200 3,200 98 M o n tre a l Stock E x . 7 l 18.000 98 8,500 9', 500 N ew Orl C o tto n E x . 500 9,000 98 N ew Orl S tock E x . 70 700 650 98 550 P h ila Stock E x c h . . 206 2.600 2,600 97 P itts b Stock E x c h . 115 1.800 97 1,500 2,000 S t Louis E x c h a n g e . 50 1 / 50 97 62 30,000 9 7 * S a n F rS tk & B d E x c h 750 '5 0 0 W ashington S tk E x 40 500 101* 100* 100* 100* 100* 100* 100* 100* 100* 100 107* 99* 93* 104* 107* 96* 96 97 98 95* 90 87 101* 101 100 98* 103* 104 — 105" 93* 100* 134* 96 106* 104* 101* 95 32* 94* 104* 97* 105 85* 101* 101* 102 101* 100* 99* 99 98* 98* 98* 98 97* 97* 97* 97 101 8t r C an a d ia n p rice, s Sale price. INDUSTRIAL AND MISCELLANEOUS STOCKS S to c k s . Par T E X T IL E M FG . STO CK S. N o r th . M ills. Par A rcadia M . . . _ . A cushnet M ill (N B ) l Am Linen (F all R ) l A m erican M fg . .100 P re fe rre d _____100 A m oskeag/M fg (volu n ta ry assn )_ _ (t) P referred __ _ _ (t) Androscog M (M e) l A ppleton Co (Mass)Z A rk w rig h t M (F R ) Z A rlington M (M ass)! B arn ard M fg (F R ).Z B ates M fg (M e) 100 B eacon M fg (N B ).I P referred . .100 B erkshire C o t M fg. A dam s, M a s s. 100 B lg el-H artf C a rp ’t . t P re fe rre d _____100 B ooth M fg (N B) .! P referred _____ 100 B oot M ills (M ass) Z B o rd er C M fg (F R ) Z B oston M fg p ref-100 Bos D uck (M a ss )-.c B ourne M ills (F R ) Z B ristol M fg (N B )_.Z B u tle r M ill (N B )..Z C a b o t M fg . . ..1 0 0 C hace M ills (F R ) _Z C h arlto n M ills. 100 C hicopee M fg (pf) 1 C ity M fg C r’p fN B ) Z O o n tin ’l M (M e) 100 C ornell M ills (F R ).Z n Bid. A sk. Per share. 40 45 92 88 50 87 91 81 78* 65 71* 115 98 230 125 147 105 101 142* 105 . 93 90 117 66 125 600 25 65 100 153 1 >7 101 123 87 97 125 190 123 52 138 135 125 145 130 S to c k s . Par D a rtm o u th M fg C orp (N B) .100 D av is M ills (F R) Z D avo! M ills (F R) .Z D ra p e r Corp ..1 0 0 D w ight M fg (M ass) E d w a rd s M fg (M e).Z E sm o n d M (R I ) , p f Z Essex C o t M p f._ 1 0 0 E v e re tt M (M a s s )..! F a irh M ills com 100 P re fe rre d . . 100 F a rr A lpaca (M ass) Z F lin t M ills (F R ) . Z F ran k lin Co ( M e ) ..! G osnold M (N B )..Z Preferred . . . G ra n ite M ills (F R ) Z G t F alls M fg (N H ) Z G rinnell M fg (N B ).Z H a m ilt M fg (M ass) Z H a m ilt W ^M ass) Z H arm o n y M ills p f .Z H a th aw a y Mfg(NB)Z H ill M fg Co ( M e ) ..! H olm es Mfg (N B ). Z P referred 100 H om e B leach &DW f P referred . ..1 0 0 Ipsw ich M ills__ 100 Preferred . ..1 0 0 K ilb u rn M (N B) _1 K ing Ph ilip M (FR)Z L a n c a s'r M (M ass) Z Preferred . .100 L aurel L ake c o m . . Bid. A sk . Per share. 145 85 154 70 98 96 25 165 100 200 55 70 14 100 43 75 49 140 100 10 24 60 140 128 95 L aw rence M fg (M ).Z Lincoln M fg ( F R ) . Z Lockw ood Co (M e ).! 100 S to c k s . Par Bid. A sk. Per share. L u th e r M fg (F R )..Z 115 130 150 L ym an M ills (M ) .! 140 148 90 47 105 M ass C o tt M ills. 100 103 65 M echanics' M (F R ) Z 70 M ercb M fg (F R ) -Z 157 45 M errim ack M fg . 85 (M a ss)__ __ .100 9.5* P r e f e r r e d ____100 81 75 97 M iddlesex Co (M ) . 100 M t V-Wood M ills (Balt.) v t r __ 100 35 11 59 P referred v t r 100 55 56 170 N a rra g a n se tt M ills ____ (F R )________ 100 95 N a sh a w en a M .100 129 N ash u a M (N H ) 100 65 70 P referred __ 100 80 95 100 70 N a t F abric & F in 100 104 108 18 Preferred __ 100 95 99 N aum keag (M a s s ).. 110 55* Steam C ot Co 100 197 201 Neild M ills (N B) _Z 225 79 New B edf’d C ot M Z 105 93 P referre d ____100 140 98 N ew E ng Sou M 45 8 10 __ 170 P referred . .100 40 N ew m arket M fg . C o ( N f l ) _____100 1 N o n q u itt Sp (N B ).Z 60 64 O sborn M ills (FR ).Z 28 70 77* Pac M ills (M ass) 100 60 64 60* P a rk e r M ills (F R ) Z 150 20 135 Preferred . _______ 50 __ 100 P em aquid M ___ 20 23 Peppered M fg (M e) Z 125 130 98 Pierce M fg (N B) _! 425 29 475 145 Pocasset M fg (F R ) Z 42 58 104 104 S to c k s . Par P onem ah M (P roy) Z P referred . ..1 0 0 Q uissett M ills (N B ) Z P referred . .100 R ich B orden M fg Co (F R ) _____100 Sagam ore mfg (F R ) ________ 100 Salm on F alls M fg Co (N H ) ____100 Seaconnet M (F R ).Z S h arp M fg (N B )__! P referred . .100 S h aw m u t C o t M ills (F R) c o m __ 100 P referred . . .100 Shove M ill (F R ).1 0 0 S kenandoah C otto n C o ( U tic a ) .. .100 Soule M ill (N B) 100 S tafford M (F R)__f Stevens M fg (F R)_Z T a b e r M ills (N B )__! T h o rn d ik e ( M a s s ) .. T re m o n t & Suffolk M (M a ss)___ 100 T ro y C o t'n & W ool’n M fg (F R ) ___ 500 U nion C o t M f (F R ) Z U tica K n it C o __ 100 P r e f e r r e d ____100 U tica S team & M oh Val C o t M fg . Z W am panoag M ills (F R ) ________ 100 W a m su tta M (N B) Z Bid. A sk . Per share. 92* 160 100 170 90 95 200 210 ifc 50 39 56 135 95 189 112* 100 43 60 102 60 20 190 70 105 68 200 1 )0 60 85 120 70 90 118 121 83 75 b Assessment paid, c Par value $700. d Price per share, not per cent, h Par value $1,000. k Last sale. I Par value $100. m 1st install, paid Nominal, r Canadian price, s Sale price, t New stock, x Ex-div. y Ex-rights, z Ex-stock div. t Without par value. INDUSTRIAL AND MISCELLANEOUS STOCKS S to c k s . W eetam oe M (FR ).Z W h itm an M (N B).Z W lnnsboro M p f.1 0 0 Y ork M fg (M e ). 100 Bid. A sk. Per share. 50 125 102 101 95 100 S o u th e r n M ills. A bbeville C M (SC)/ A m er Spinning C o .. A nderson C M (SC)1 A rcade C o t M ___ A rcadia M ______ 100 P re fe rre d _____ A rk w rig h t M ___ A u g u sta F ac (Ga).Z A vondale M ills .. B eau m o n t M fg . . B elton M ills (S C ) . / P referre d _____ B ibb M fg_______ 100 P referre d _____ 100 B ran d o n M , p re f__ B rogon_________ 100 B rookside M ills. 100 C alhoun M ills___ C h ad wick- d o skins25 Chesnee M ________ C hiquola M fg ______ P re fe rre d ________ C lifton M fg (S C)100 C lin to n C o t M _____ C olum bus M fg (Ga) C onverse (D E J.1 0 0 C ow pens M ills_____ D allas M fg (Ala) .100 D a rl'g ’n M fg (8 C ) . / D ra y to n M ills__ 100 D u n e a n ________100 P re fe rre d ________ Eagle & Phenix M ills (G a )___ 100 E asley C o t M , p re f. E n terp rise M f (G a) ! G affney M fg (SC).Z G ainesville C o t M__ G len wood M ills___ G lu c k _____________ G ran tev ille M fg . 100 G reenw ’d C M (SC)/ G undel M ills____ P re fe rre d ______ 50 H a m r ic k __________ H a rtsv ille C o t M __ In m a n M ills_______ P re fe rre d ________ Jack so n M _________ J u d so n __________100 P re fe rre d _____100 K in g .J P.M fg (G a )./ L a n c a ste r C o t M __ L aurens C M (S C )./ M arion M ills___ 100 M arlboro C M (SC) / M ass M ills (G a )___ M ills M fg Co (S C ).! M ollohon M fg _____ M o n arch C M (SC) / P referre d ________ M usgrove M ills____ N ew berry C M (SC)/ N in ety -S ix M ills__ N o rris C o t M ______ O ak lan d C o t M ___ O rr C o tM ( S C ) . 100 P aco let M fg (S C ) . / P referre d _____100 P anola-C M A p f . 90 P e lh a m M ills______ P hillips B u tto rff M / P ick en s C o t M _____ P ied m o n t M fg (SC) / Poe, F W . M fg (SC)/ P o in se tt M ills__ 100 R iverside & D an R iv P re fe rre d _____100 R iverside M __ 12.50 Saxon M ills_____100 Sibley M fg (G a).lO O S p a rta n M ills (S C )./ T o x o w ay ________ 25 U nion-B uffalo M __ 1st p re f______ 100 2d p re f_______ 100 V ictor-M onag C o . . / P referre d _____ 100 W are Shoals M fg 100 W a tt M ills_____ 1st p re fe rred __ 2d p r e f e r r e d . . . . . W ebb M fg (N a s h )./ W est P o in t M fg . 100 W h itn ey M fg (S C )./ W illiam son M ills__ W oodruff M ___ 100 W oodside C o t M 100 P referre d _____100 C a n a d ia n M ills. C a n ’n C onnecticut C um p re f_____100 C an C o n v ert, L t d ./ C an C o tto n s, LtdlOO P referre d _____100 D om in T e x t, L t d . . + P re fe rre d _____100 M o n tre al C o tto n s P re fe rre d _____ 100 P en m an s, L td ___100 P re fe rre d _____ 100 IN S U R A N C E STO CK S. B a ltim o re . C e n tra l F ire _____ 10 B o s to n . B o sto n __________100 C olum N a t L ife . 100 C o n v ey an cers’ T itle __________100 M ass B o n d in g ______ B ro o k ly n — See N Y D a y to n . L i b e r t y __ ______ 50 R eliab le_________ 20 103 260 94 80 240 102 100 15 875 395 70 95 220 no 276 96 84 250 96 113 100 115 105 25 925 405 74 225 115 118 130 265 93 133 250 133 116 65 130 83 100 95 97 140 275 95 136 165 94 90 89 160 125 117 135 400 250 46 135 149 155 103 200 188 101 no 134 150 124 53 105 285 108 128 100 75 127 150 170 96 100 91 165 135 122 125 125 206 103 85 27 165 124 135 116 90 200 9 90 68 155 32 60 94 50 110 no 149 96 135 20 94 195 140 115 91 42 80 105 92% 68 114 96 137 120 70 140 87 97 99 50 140 160 165 192 106 140 130 56 112 111 132 80 130 84 210 105 90 30 175 126 140 118 93 206 10 78 165 34 65 95 51% 112% 113 155 70 99 145 40 100 143 117 93 46 81 106 S to c k s . Par D e tr o it. D etro it F & M __ 50 M ichigan F & M .5 0 H a r tf o r d . A etna (F ire )____100 A utom obile I n s . . 100 F irst R e-In s___ 100 H a rtfo rd F ire ..1 0 0 A sk. Per share. 603 235 565 90 H a rtf S team Boil In sp & I n s __ 100 535 N ational F i r e .. 100 Phoenix ( F ir e ) ..100 530 Life Insurance. A etna C as’ty & Sur 710 818 A etna L i f e . . __ 100 Conn G en ______ 100 1080 985 T rav elers’ _____ 100 I n d ia n a p o lis — Sterling F ire _____10 d 11% 615 730 253 570 92 550 720 510 740 825 1140 1000 12% L o u isv ille . L ib erty __________ 50 Per cent. 200 M in n e a p o lis . N o r’w est F & M .1 0 0 Per share. 185 190 , N e w a rk . A m erican_________ 5 F irem en ’s ______ 50 P ru d en tial L ife__ 50 23 235 450 24 245 N ew H a v e n . Security I n s _____25 85 86 N ew O rle a n s . L a fa y e tte ________ 50 Per share. ___ 240 Per share. N ew Y o rk . A m er A lliance__ 100 300 305 B ankers & S h ip . 100 220 C ity of N Y _ ..1 0 0 268 278 C om m onw ealth .100 300 C o n tin e n ta l_____25 d 107 % 108 F id elity -P h en ix__ 25 d 152 151 Globe & R u tg e rs. 100 1375 1470 G re a t A m e ric a n . 100 281 285 H anover ________ 50 d 1x0 190 H o m e _________ 100 319 352 Lincoln__________ 20 dxy69% 71% M e t C asu a lty I n s __ 82% 88 N a tio n al L ib e r ty .50 d 215 N i a g a r a ________ 50 d 215 225 N o rth e rn . __ 100 240 N o rth R iv e r_____25 d 9-5 106 Pacific F i r e _____25 d 1X5 200 Rossi a I n s _______ 25 d 94 9 :% S tu y v e s a n t_____100| 180 187 U nited S ta te s ____20 d 138 148 W estchester______10 d 44 46 P h il a d e lp h ia . Alliance o f Phila__ 10 F ire A ssociation. .5 0 In s Co o f N A ___ 10 In s Co S ta te o f P a 100 L u m b erm en ’s ___ 25 P eople’s N a t F ire __ P h ila L ife_______ 10 R eliance_________ 50 U nited F irem en ’s . 10 V i c t o r y . . _______ 50 47 270 52 % 200 105 104 104 48% 275 53% k 28 k 10% 106 k 15 106 P ro v id e n c e . P ro v W ash’to n __ 50 380 R ic h m o n d . V irginia F & M ..2 5 D eposited S to c k .. 87 87 88!^ 88% 14 20 38 61 3 15 22 40 63 5 80 85 S t. L o u is — C en t S ta te s L ife__ 5 C o n tin e n tal L ife___ M issouri S ta te L .1 0 In te rn a t L ife_____50 S t. P a u l,M in n . S t P a u l F & M __ 25 S a n F r a n c is c o . F irem en ’s F u n d .100 425 R ig h ts w i ______ d 26% H om e F ire Sc M arin e — 430 S p r in g f ie ld , M ass Springfield F ire & M i 410 420 W a s h in g to n . A m erican__ ____ 100 C o rc o ra n ________ 50 F irem an 's . 20 N a tio n a l U n io n__ 5 225 150 24 15 W h e e lin g ,W .V a W heeling F ire 1.100 31% ____ k 150 M A R IN E IN S U R A N C E S C R IP . A tla n tic M u tu a l— 1923________ . . . 1924 ____________ M IN IN G S T O C K S . s 114% A d v en tu re C o n s. .2 5 155 A laska J u n e a u Gold M in in g ________ 10 A lgom ah _______ 25 A m er Zinc L ead & S m e ltin g ____25 P r e f e r r e d _____ 25 A naconda C o rp . .5 0 A rizona C o m 'c ia l—5 A rc a d ian C o n s __ 25 B ingham M in e s .. 10 420 405 B onanza D ev C o . 10 150 B u tte C op & Z C o . 5 B u tte Sc, S u p _____10 — C allah an Zinc-L ead 145" C o____________ 10 C alu m et & A riz .1 0 C alu m et & H e cla .2 5 C arson H ill G M .. 1 100 85 62 64 143 100 Bid. Per cent. 102 . 102% §§ A pril, 1925.] Per share. 25c. 50c 2 10c. 2% 20c. 7% 26 35% 10 1% 29 1 4% 15% 8 26 % 36 10% 1% 30 1% 5% 15% 3 46 13% 40c. 3% 47 14 J* 50c. S to c k s . Par. Bid. A sk. Per share. 43% 43% 30% 30% •21 20 3 2% 61% 61% 22 21% ____ 38c. S to c k s . 45 P a r. Bid. A sk . I Per sh are. T IT L E G U A R A N T E E & S A F E D E P O S IT S T iO C K C erro de P asco ____t C hili C o p p er_____25 C hino C o p p e r ____5 129 A m erican S u re ty . 50 d 125 C onsol C opper____1 244 B ond & M G u a r. 100 242 C on M in &' Sm .2 5 r 410 C hicago T & T r.1 0 0 C op R ange C o n . 100 175 C row n R eserve____1 r C ityS D (A lb ,N Y )1 0 0 1 7 0 " C olum bia T itle D avis-D aly C o p __ 1 SH (W a sh in g to n )__ 5 7% Stam ped . ______ 6c. 93 90 F id e lity & D (M d ) 50 D eB eers C on M __ 22 20% K e n tu ck y T itle Co D om e M ines______f x 13% 14 90 P referre d _____100 E a s t B u tte ______10 4 3% L aw yers’ M C o .. 100 195 205 F ederal M & Sm .100 18 16 Louisville T i t l e . . 100 23 P r e f e r r e d ___ 100 51 53 83 ~ M ary lan d C as C o .2 5 d ____ F irst N ational 135 15c. 20c. M ortgage B o n d . 100 125 C op ($3.75 p d ) . . 5 F r a n k l i n ________ 25 90c. N a t S u rety C o . . 100 204 210 60c. G oldfield Consol 7c. N ew A m sterdam s 6c. s 44 45 M ines . . __ 10 C asu a lty (B alt) 10 N Y T itle & M tg . 100 295 305 G ra n b y C ons M S 150 & P ow er_____100 14% R E T Ins(W ash) 100 135 13% T it In s & G u(S anF r) 200 G ranite-B i-M etalic 38 48' (S t L o u i s ) . __ 10 20c. T itle G u T r(S tL ) 100 10c. 320 335 12% U S C a s u a lty ___ 100 G reene-C ananea .100 12 188 H ancock C o n s. .20 1 1% U SFidel& G u(M d) 50 232 H ollinger M ines__ 5 r 13.45 13.50 U S T itle G u a r .. 100 225 H om estake M in .1 0 0 43 44 IN D U S T R IA L A N D H ow e Sound C o __ 1 M IS C E L L A N E O U S N ew v t c _______ 18 17% In sp ira tio n Cons C o p p er________ 20 22% 22% A b itibi P ow & P a p .t d 6 6 % 67 P referre d _____100 r 107 IslandO reekC oal 1 x 123 124K 95% 90 92' P referre d _______ 1 x 95 Isle R oyale C op .2 5 12% 13 13 15 P re fe rre d ___ K e n n ec o tt C op__ t 49 46% 47 49% K err L a k e .. __ 5 1% A eolian-W eber 1% L ake C o p p e r __ 25 20 25 1% 1% 99 44c. 47c. La Rose M ines L tf .5 103 d 96% L aSalle C o p p er__ 25 97 lVs A ir R eduction 1% d 11 M agm a C op C o __ t 34% A jax R u b b er 34 11% 70 M ason Val M in e s ..5 1% 1% A labam a Co M ass C o n s . . ____25 50c. 80c. 60 76" A lbany (N Y ) Safe M ayflow er Old Col25 1% 1% 160 D ep & S torage 10( 17 17% 170 M cIn ty re P o rc u p in e 5 M iam i C opper . 5 10% 11% A llied C hem & D ye C o rp ___________ ■ d 81% M i c h i g a n . . _____25 82 M o h a w k ______.2 5 118 27% 28% 118% A llied P a c k n e w . M otherlode C ’l ’n + s 7% 6% 7 s 5 3 " s 56 N e v ad a C ons C op .5 13% 13 Senior p re f__ 20 New C ornelia C o p .5 23 18 18% N ew D om inion A .1 20c. 40c. A llis-C halm ers l.„._ N ew R iv er C o__ 100 77 % 78 C o m m o n _____100 27 P referre d _____100 102 58 60 104 P re fe rre d _____ 100 N ipissing M in e s .. 5 x 6 6 % A lum inum M frs __ t N o rth B u tte _____15 P referre d _____ 100 108 1% 1% N o rth L a k e . . __ 25 20c. 35c. A m al Sugar com __ t 3.25 3.50 Ohio C o p p er_____10 70c. 80c. 88 1st p re fe rr e d .. 100 Old D om inion C o .2 5 19 20 A m Agri C h e m .. 100 15% 14% O ntario Sil M in _ _ t 6% P referre d _____ 100 40 40% 5% P a rk C ity M & S . .5 x 4% 5% Am B an k N o te __ 50 d 175 186 P it & M tS h a sta Cop 5c. 7c. P re fe rre d ______ 50 d 54% 55% Pond C reek— 40 Am B eet S u g a r .. 100 40% 12 81 10% P re fe rre d _____ lOO 85 Q u in cy . . _____25 22 A m erican B o o k . .1 0 0 113 21% 116 R an d M ines, L td __ 29 33% 35 Am B osch M ag n ’o . t d 28% R ay C ons C o p __ 10 12% A m B rak e Sh & F_ _ f 12% 91H 95 S t Joseph L e a d . 10 46% P re fe rre d _____100 109 H 46% S t M a ry ’s M ineral162% A m erican C a n __ 100 162% L an d __ _____ 25 34 117^ 33% P re fe rre d _____ 100 118 San T o y ___ __ . . 1 4c. 6c. A m C ar & F d y . . 100 197 % 199 Seneca C op C o rp . t P re fe rre d _____100 118% 123 S h a n n o n __ _____ 10 60c. 75c. Am C aram el____100 7 9 S h a ttu c k Ariz C op 10 5% 65 5% P re fe rre d _____ 100 S outh L a k e . . __ 25 25c. 75c. —m C hain C laca a ok 22% 23" S uperior & B oston 10 54 1 1% Am C h ic le .. 63 H S uperior_________ 25 52% Tem p v t c 53 Tennessee C opper 97 P re fe rre d _____ lO t & C hem ical_____t 7% 7% 95 T e m p v t c . . 100 T on o p ah B e lm o n t-1 9-16 77 m C ig a r______ 100 75 % T onopah (N ev) _ . l 97 99 P re fe rre d _____lOO 1% 1%; T onopah E x t M in .l 2% A m C oal of N J __ 25 d 73 2% T rin ity C opper___ 5 49" 1.25 d ____ T uolum ne _______ 1 128 .100 122 U nited Verde E xt50c 25 82 84 P referred . 24% .100 U tah-A pex ______ 5 6 6% d 5% 5% U ta h Consol _____ 5 139 m E xpress_____100 138 U ta h C opper C o .. 10 82 83 93 H 96 m F o rk & H o e . 100 U ta h M e ta l & T u n - 1 60c. 55c. 104 1st preferred ..1 0 0 V ic to ria _________ 25 40c. 60c. 49 51" 30c. W inona _______ 25 15c. Preferred . 115% .100 111 W y an d o t________ 25 20c. 30c. 82 84 -100 40c. 60c. Y ukon G o l d _____5 10 10M 9 8H R EA L E S T A T E T R 64 P re fe rre d . 63 % .100 & LA N D S T O C K S Per share. 50 89" 90 A lbany T r (B ost)100 a 58 76 7 5H P referre d . .100 A lliance R e a lty . .100 122 34 33% B edford T r (Bos) 100 a 57 B erkeley H otl T r(B )i a 75 F ire E n g I n c __ 10 d 11 % 11% B d o f T r B ld T r ( C ) ./ 65 93% 96 P re fe rre d _____ 100 Bos G r’d R ’t T r (C) / a 109 Bos R E T (Bos) 1000 a 910 d 88 H 940 M ac h in e ry . 89 Bos S tor W ’h ’se (B) / a 122 122 % P r e f e r r e d .. - io S 120 B oston W harf Co . / a 112 23 21% .100 B ro m f B ldg T r (B) . / a 70 58 P referre d , 60 .100 Business R E T r(B ) / a 20 im er Locoi v e .t d 123 M 124 C en t B ldg T r (B ) . . / a - _ 121 % P referred . .100 119 C hic R E T ru s ’s 1000 a l0 0 0 167 a n M ch & 185 C ity R E T (C).lOOO a 500 d 45% 46 oner M eta l Congress S t Associ114% P re fe rre d . .1 0 0 111 __ a te s (B oston)____/ a 21 65 m e r M ulti$ h— t d 17H C ’gress S t Big Tr(B)Z 99 P re fe rre d . 101 .1 0 0 C opley Sq T r (B o s)./ 135 145 m e r P ia n o . D evonish B ig Tr(B)Z a 92 94% P referre d . .100 3 d 2% E a s t Bos L and (B)__ 2% 48 1st p re fe rre d __ 50 d 44 2% E nsley L an d Co . . / 125 115 18 P re f e r re d ...____50 d 17 Essex S t T r (B ost).Z a ____ 70 d 96% 96% F a c to ry Big T r (B) . / a __ 90 130% P referre d . .100 127 F ifty A ssociates (B ). a3700 78 80% H o te l T r (B o sto n ). . / a 130 d 46 59 K im ball B ldg Tr(B)Z 75 m R olling M ill—25 d 51 51% R e a lty A ssociates of 7% p re f (n e w ). 100 106% 107 B rooklyn com . t 190 200 1st preferred 100 94 88 2d preferred .100 78 84 T exas P acific L and T r u s t c tfs____100 250 300 a P u rch a ser also p ay s accru ed d iv id e n d . b A ssessm ent p a id , d Price per sh a re , n o t p er c e n t. 7i P a r v a lu e $1,000. k L a s t sale. / P a r value, n N o m in al, r C an a d ia n p rice, s Sale price. /N e w sto ck , u Ex-cash a n d stock divid en d , v E x-stock divid en d , x E x-d iv id en d , y E x -rig h ts, t W ith o u t p a r v a lu e . S to c k s . fVoL. 120. INDUSTRIAL AND MISCELLANEOUS STOCKS 46 Par. Bid. A sk . S to c k s . Par. Bid. A sk . Per share. Per share. Am Safety R a z o r.25 d 50 B rit-A m er T o b __ £1 d 2 7 4 51 284 ■ O rd in ary bearer £1 d 2 7 4 A m erican Screw . 100! 95 284 B ritish Col Fish & A m Seed M a c h — 50 d 3 2 4 37 i* P referre d ____100 Packing . 100 70 r ____ 75 304 B ritish E m pire A m er S h ip b ld g --1 0 0 53 __ Steel com _____100 P re fe rre d _____ 100 2 87 24 Amer Ship & C om 1st p re f _____100 28 29 2d p re f____ 100 m e r c e . . __ __ _ t d 1 0 4 11 9 94 A m Sm elt & Refg.100 92 4 9 2 4 B row n Shoe _ 100 644 664 Preferred -.1 0 0 P referre d _____100 107 108 96 100 B runs w ick-Balke142 Am Snuff com __ 100 145 P referre d ___ 100 97 Col lender_____ (t) d 35 100 354 P r e f e r r e d .. .100 102 Am S t F ’dries.33 1-3 d 49 4 104 494 B runsw ick T erm & P r e f e r r e d - __ 100 109 R y Secur Co— See Steam R R s A m erican S to res__ t d 5 4 4 55 Am S ugar R efg --1 0 0 62 4 6 2 4 B uckeye Pipe L ..5 0 d 62 624 B ucyrus com ___ 100 Preferred . . .100 98 130 97 4 135 A m S u m at T o b - _ 100 P r e f e r r e d .. -.1 0 0 100 13'4 14 B urden iro n pref. 100 101 P r e f e r r e d - __ 100 40 45 105 A m T h rea d p re f__ 5 d 3 4 4 4 B urns Bros 7 % p f.l0 0 954 97 4 Am T ire & R u b c o m . P rio r p ref’ce--1 0 0 114 8 1174 934 30 964 C lass B com s t k - t d 1 7 4 A m T o b stm p d __ 50 d 87 4 88 184 C om B s tm p d .-50 d B u rr A dd M ac h in e , t d 7 8 4 87 80 P referred -_ 100 105 4 98 1 0 5 4 B ush T e rm in a l..1 0 0 984 102 P referre d __ .100 A m T y p e F o u n d .1 0 0 104 82 78 T erm inal P referre d ___-100 105 4 109 _ B ush Bldgs p re f___ 100 A m V itrified P ro d .50 d 18 99 964 ___ B u tterick C o___ 100 P r e f e r r e d ___ 100 87 18 184 A m e ric a n W holesale C addo C en t O & R - t d 1 14 C orp p r e f ___ 100 96 4 9 7 4 C alifornia C yanide U n its ____________ 60 70 C alif P ack C o rp __ t P referre d - -.1 0 0 s 113 102 103 A m e r W ind Glass C alif P e tro l______25 d 29 294 P referre d _____100 M ach in e___ 100 90 110 904 1104 C am b ria Ir o n ___ 50 d 38 P re fe rre d ___ 100 96 95 394 C am b ria S teel___ 50 d ____ A m W ool (M ass). 100 39 4 40 P re fe rre d ___-100 814 8 2 4 C am pbell B ak in g . _t d ____ _ _ A m W rit'g Paper. 100 P referre d __ ___ 50 d ____ P referre d - -.1 0 0 102 3 4 C an a d a C e m e n t-100 r 100 34 C ertifs of d ep o s. P referre d _____100 r ____ 115 1 5 __ C an F d y s & Forg.100 A nglo-A m er O il__£l d 2 1 4 22 r 45 [Can SS L ines___ 100 r 12 31 M id co m _______ t d 29 124 P re fe rre d _____100 r 4 3 4 44 P re fe rre d ---- - - 1 d 94 964 A rm our & Co o f Del C anadianC ar& F.lO O r 46 47 P referre d _____100 r 8 2 4 P re fe rre d ___-100 83 904 914 C an Con R u b b .,1 0 0 r A rm our & C o (111)— __ P referre d _____100 r ___ C om C lass A __ 25 d 2 0 4 204 C om C lass B __ 25 d 1 3 4 C an ad ian Explos.100 P referre d ..-- .100 P referred - . 100 88 87 4 4 A rm our L e a th com 15 d 4 4 C an In d u s A lch ____ r 1 6 4 164 P referre d _____100 91 66 9 1 4 C an L o co m o tiv e-100 r _ __ P referre d _____100 r ____ A rnold, C o n stab le 87 84 & C o ___________ t d 9 4 C an W oollens__ 10C r 10 13 P referre d _____10C r 5 0 4 A rt M e ta l C o n __ 10 d 15 4 16 C an to n C o ___ -10C A rundel C orp — (t) d 2 0 4 186 T ru stees certif.lOC A ssets R ea liz a t’n.100 4 s 187 4 175 Assoc D ry G ’d s .100 5 1 7 8 4 C aracas S u g ar___ 5C d 3 4 C arib S y n d icate. .2 5 d 3 4 99 100 1st p re f____-100 34 103 4 Case (J 1) Plow W ks 107 2d p re f. 100 C o m ____ (no par) d 33 A ssociated O il____25 d 3 2 4 4 4 1st p re f __ 10C A ssociated Sim m ons 2 14 49 H a rd w are p f-.1 0 0 2d p re f ______ 10C 51 4 90c. d 85c. C ase (J I) T hreshing A tl F ru it & S u g a r. . t A tl G u lf & W In d M ach com ___ 10C 30 274 SS Lines _ _ _ 10C 36 P referre d _____10C 67 64 364 C ase Lockwood & Preferred -10C 40 394 A tla n Lobos O il__ t d 3 B ra in a rd C o.-10C 250 24 64 8 Celluloid C o ___ 10C Preferred _ 5C d 45 39 100 P referre d __ .100 A tla n tic R efin ’g.lOC 994 90 95 114 115 Sugar C os____ 20 d 85 A tlas P o rtl C em .1 0 0 135 139 87 P referred . . 10C 120 C en tra l C & C __ 10C 65 68 49 P referred __ 10C A tla s P o w d er_____t d 48 71 92 P re fe rre d ___ 10C 93 4 C en tra l L e a th e r. 10C 15 154 A tlas T a c k _______ t d 10 4 P re fe rre d __ _10C 104 53 534 A u stin , N ich & Co_ + d 24 2 4 4 C en tra l S te e l._____ t d 45 474 87 P re fe rre d _____10C P re fe rre d ____10C 904 1004 1014 A u to K n itte r C en t T eresa Sugar 1C d ____ 70c. H o siery ______ t d P referred . . .1C d 24 14 24 A utosales C o rp __ 5C d C en tu ry R ibbon 5 34 P referred __ _ 5C d M ills com . . . . t d 4 1 4 14 4 42 B abcock & W il_.10C 132 134 P referred __ 10C 93 964 B aldw Loc W ks.lOC 1114 1 1 1 4 C e rt’n-T eed P r o d .. t d 4 1 4 42 4 P referred .10C 110 1st p re f____ 10C 113 944 944 B altim o re T u b s . 10C 18 2d p re f _ _ 10C 25 824 814 P re fe rre d . _ 10C C ham pion C oated 54 58 B a rn e t L eath er . 1 d 35 P a p e r .. __ 10C 40 125 P r e f e r r e d - ..- 10C 94 P r e f e r r e d ___ 10C 104 108 105 B arn sd a ll C orp C h an d ler M o to r. . t d 3 4 4 344 C lass A . ____25 d 2 1 4 23 C h ap m an V alve. 10C 210 225 C lass B 25 d 16 57 1 7 4 C h eseb r'g h M fg -25 d 53 B ay u k C igars __ f d 4 1 4 44 P referre d - _.10C 108 113 C hic Ju n e R ys & 17 % 1st pf(new)IOC X 95 100 2d Conv 8 % p f . IOC X 96 4 U n St Y dstpd.lO C * 138 B eatrice C ream 5C d 61 P referred __ 10C x 9 6 4 63 P referred _10C 103 C hic P n eu Tool 10C i 8 2 4 106 834 B eaver B o ard Co— C hic R y E q u ip .2 5 d 50 C om v t c C l A __f d Preferred __ 25 d 26 6 27 54 C om v t c C l B t d C hic W ilm & F ran k 6 54 l s t p r e f v t c _10C C oal com _____10C 37 22 25 B eech -N u t P a c k ..2 C d 6 2 4 63 P referre d __ .10C 85 115 C hic Yellow C ab t d 4 8 4 7% p re f Cl B_.10C 53 113 4 B eth -h em S te e l. _lOC 41 C hilds Co com __ + d 5 0 4 404 504 7 % cum p re f. . 10C 95 114 116 96 P referre d ___ 10C 8 % conv p re f. 10C 1 0 9 4 22 18 1 1 0 4 C in T o b W areh . . 10C Billings & Spen . .2 5 d C in U n S tk Yds 10C 138 6 150 P re fe rre d ______25 d C ity In v estin g .10C 120 10 127 B ird & Son— P referred . 10C 101 108 P rio r p re f_____10C 110 C leve A u to m o b ile, t d ____ s 2 0 4 Bliss (E W) C o____t d 1 5 4 P re fe rre d __ .10C s 94 s 95 164 P re fe rre d ______ 5C d 53 56 C lev & B u ff T r .10C 90 2d p re fe rred ___1C d 70 94 1 0 4 Cleve-Cliffs Iro n . _t d ___ B loch B ros T o b . .2 5 d k 33 4 C leveland S to n e . 10C 1 0 5 4 110 P re fe rre d _____10C k 96 C linchfield Coal.lOC 37 39 B lu e n th al (S)— P re fe rre d _____10C 101 In c 7% p re f— 100 80 C lu e tt, Peabody-10C 63 624 B o o th Fisheries__ t d 4 4 P re fe rre d _____10C 107 44 1004 25 35 C oca-C ola C o .. _ t d 9 1 4 1st preferred-.IO C 914 B orden C o _____ t d 143 145 P re fe rre d _____10C 101 99 107 C ollins C o ___ 10C 165 P re fe rre d _____ 100 110 212 Colo F u el & Iro n . 10C B orn e, Scrym ser.100 208 334 334 B o st B eltin g p f 100 28 P re fe rre d __ 10C 125 B osto n W oven H ose C o lt's P a te n t Fire 73 A rm s M fg _____25 dx 31 & R u b b er com . 100 78 32 99 102 P re fe rre d _____100 C olum C arb o n ____t d 4 5 4 46 B riggs M fg______(t) d 3 6 4 3 6 4 C om m ercial In v e st B rill (J G )______ 100 95 98 T r u s t _____ t d 55 59 P re fe rre d _____100 1st p referred -.1 0 0 103 1064 12 B ristol B r a s s .. _ 25 d C om Solvents A __ t d 130 135 C lass B ________ f d 129 135 S to c k s . Par. Bid. | A sk. S to c k s . Par. Bid. A sk. Per share. Per share. C ongoleum C o ___ t d 36 F is h B ’d y O h io p f 100 d 105 37 108 F isk R ubber cbm f d 1 0 4 P re fe rre d _____100 103 104 104 1st preferred .100 C ongoleum -N airn_. t 79 364 364 804 Conley T in F o il., f d 2 4 2d p re f 7 % _ ..1 0 0 24 Consol C ar H e a t.100 F leishm ann C o . _ t d 77 44 48 774 C ons C igar C o r p . . t d 28 P referre d ____100 112 284 Ford M ot of C an ad a 463 P r e f e r r e d .. ..1 0 0 84 465 824 F ostoria Glass . 100 d . . . fc 140 C ons Coal of St L . 100 55 F oundation C o___ t d 108 Consol D is trib ___ t d 4 4 5 1084 C ons Ice (P ittsb)_50 d ___ s 19 20 1 4 F ran k lin (11 H ) M fg P r e f e r r e d - __ 100 P re fe rre d . ___ 50 d ___ 75 79 Consol T extile .t d 24 F ’klin Simon p f. .100 102 4 3 103 4 C ons Coal of M d 100 F ree p o rt Tex C o . . t d 1 0 4 49 484 104 G alena-Sig O il.. 100 P re fe rre d _____100 55 56 C onsum ers C o ..100 P ref (old)___ 100 110 3 113 24 P ref (new )___ 100 P referred _____ 100 30 100 33 103 C o n t B aking A ___ t d 114 13 1 1 4 4 G ard n er M o to rs__ t d 12 C lass B _______t d 2 4 4 G en Am T an k C a r. t d 47 25 47 4 P re fe rre d _____100 1st p re fe rre d -. 100 97 99 924 93 4 C on tin en tal C a n __ f d 6 3 4 46 464 63 4 Gen A sph c o m .. 100 P r e f e r r e d . __ 100 P referre d _____100 1144 1164 87 4 924 9 d 122 127 d 84 C o n tin e n tal Oil v t c d 2 2 4 P referre d _______f d 108 119 224 Corn P rod Refg__25 d 38 93 3 8 4 Gen Gig com ___ 100 924 P referred . 100 1 2 2 4 P referre d __ .100 110 124 1044 D eb p re f____ 100 C osden & Co c o m .. t d 27 110 1064 274 P referred 100 263 834 87 4 G eneral E lec tric . 100 2 6 2 4 Cosg-M eeh C oal . _ t d 17 Special 6% s tk . 10 d 11 20 114 C ram p (W m) & Sons Gen F ire p ro o fin g .. t d 2 2 4 23 4 Sh & E B ld g . .100 P referre d _____100 50 53 99 97 4 G eneral M o to rs__ t d 6 9 4 C rescent P ipe L ..2 5 d 11 12 70 x 33 39 88 92 C rock-W heeler -.1 0 0 24 D eb 6% s to c k . 100 26 88 92 D eb 7% s to c k . 100 103 P r e f e r r e d .. ..1 0 0 75 80 104 C rucible S te e l. .100 67 6 7 4 G en P e tro l__ . . . 2 5 d 4 8 4 484 P referre d __ .100 P re fe rre d ..........100’d 2 5 4 91 94 C uba C ane S u g a r .. t d 13 112 1 3 4 Gen R y S ignal. .100 106 P r e f e r r e d - __ 100 P referre d _____100 57 84 88 57 4 C uban-A m Sug__ 10 d 2 9 4 46 2 9 4 G eneral R efrac___ t d 45^6 Gen T ire & T u b . .50 d ___ P referre d _____100 96 232 98 P referre d _____100 C uban D om inican 102 1014 Sugar com ______t d 5 5 4 G ia n t P o r t Cem __50 d 20 4 38 39 d 58 62 C u d ah y P a c k . .100 1 0 3 4 G illiland Oil pf__100 105 G im bel B ros______t d 50 C um berl Pipe L .1 0 0 130 134 504 C u sh m an ’s S ons. _t 63 P referre d _____100 103 104 674 G in ter Oo__ __ t d 2 7 4 7% p re f_____100 101 28 Glen Alden Coal - t d 122 8% p re f________ t d 100 1244 G lidden C o_______f d 1 3 4 C uyam el F r u it. . _t d 5 4 4 14 55 P referre d _____100 D H H olm es L td . 100 x 245 255 84 D an B oone W oolen G lobe-W ernicke. 100 87 91 P referre d _____100 M ills__________ 25 d 3 99 100 34 D avis C & C ____100 82 G odch’x Sug In c __ t d 6 90 8 P referre d _____100 d 35 D avison C h em ___ t 45 33 324 Gold D u st C o rp ___ d 3 7 4 D evoe & R aynolds 374 G oodrich (B F ) ___ t d 5 3 4 Inc 1st p re f. .100 97 534 P referred _____100 D eere & Co p re f. 100 90 92 94 95 G oodyear T ire & D L & W C o a l.- .5 0 d 126 129 T u b b e r c o m . .100 D et & C lev N a v _ .5 6 d ____ 27 274 P re fe rre d ___.100 D iam ond M atc h 100 1 1 7 4 92 914 1184 P rio r p re f____ 100 Dixon (J) C ru c -,1 0 0 137 142 104 1034 G oodyear T & R of D odge M fg p re f. 100 40 45 C alifornia p re f__ D om inion B dge.100 r ____ 85 1014 1034 D om C an n e rs__ 100 r 9 3 4 9 4 4 G oodyear T & R of C anada p re f. .100 r ____ P referred . . .100 r 98 95 G orham M fg p f . 100 D om Coal p r e f . . 100 r __ 49 64 G rasselli C h e m .. 100 D om inion G lass. 100 r 110 134 111 P referre d ___ 100 P referre d _____100 r 1 1 0 4 112 103 1044 D om I & S p r e f . . 100 r ____ G ra t & K n ig h t p f 100 26 36 40 G ray & D a v is_____t d ____ D o n n er Steel com 100 10 G ray & D u d le y .. 100 80 84 2d p re fe rr e d .-100 35 d 15 94 97 154 __ G t A & P T ea p f.1 0 0 D om S t C orp pf_100 r 114 116 37 G t Lakes T o w __ 100 Dow C hem c o m . t d 6 2 4 65 584 624 P re fe rre d ___ 100 P r e f e r r e d - __ 100 88 92 101 G re a t N or P a p . . 100 245 d u P o n t (E I) de N 255 & Co com . ..1 0 0 1 4 0 4 934 1 4 0 4 G re a t W est Sug. .25 d 93 P referre d __ .100 109 D eben s to c k . .100 97 964 1064 G rnfld Tar.& D pflOC D u rh am H o sie ry .50 d 15 90 94 54 G rennan B ak e ries, t dx 16 43 50 P referre d __ .100 164 P r e f e r r e d ___ 1O0 x 94 107 Eagle L o c k _____25 d 103 97 W a rra n ts __ . . . d 65 E a ste rn M f g . . __ 5 d 6 75 54 G u a n tan a m o Sug . f d 5 Preferred . 100 51 54 54 P r e f e r r e d - __ 100 E a s t Roll M ill _ t d 1074 110 774 854 G ulf Oil C o rp ___ 25 d 54 Preferred 100 1 1 0 4 115 644 E a stm a n K odak t d 1094 704 714 1 0 9 4 G u lf S tates St'l-.IO O 1st p re fe rr e d .. 100 Preferred . _ 10C 111 106 994 E a to n Axle & Sp t d 1 4 4 1 4 4 H ale& K ilburn_.100 P re fe rre d _____100 E d m ’s & Jones C or t d 26 15 18 H all Sw itch& S ig_l 00 n 44 94 P referre d - . .100 98 54 P re fe rre d _____100 n 26 E isenlohr (O tto) & 30 H am il-B r Shoe__ 25 d 44 B ro . __ . . ,100 35 46 H a n n a (M A) 1st Elec B ond & Sh p f— See P u b U til p re fe rre d _____ 100 Elec Stor B a tt._ _ t d 6 1 4 65 75 614 _ _ Elgin N W a tc h . 25 d 64)^ 22 6 5 4 H a rb a u er C o ___ (f) \d H arb -W alk Ref- .100 140 'E lk H C oal C orn 50 d 9 10 P re fe rre d ____100 P r e f e r r e d ___ 100 d 18 22 E ly W alker D ry H a rris A uto P ress(t) d 30 304 G o o d s.. _____ 25 d 23 29 2 3 4 H a rtm a n C o rp ___ f d 2 8 4 H a rt, Schaffner & 1st preferred .100 101 103 M arx __ .100 121 83 2d preferred .10C 85 123 P re fe rre d ___.100 E m erso n -B ra n t. 100 2 14 Preferred 100 11 1 1 4 H aw aiian C om & S u g a r ..................25 d 49 4 E n d ico tt-Jo h n so n . 50 d 64 65 H ayes W heel _ f d 31 Preferred _ 10C 1 1 2 4 114 314 P referre d - _.100 1 0 1 4 E u rek a Pipe L_ 10C 81 82 1034 E xch B uff C orp t d 16 1 6 4 H azel-A tlas G la ss .25 d ____ k 33 F a ir (T he) C hic . t d 33 3 3 4 H elm e (G W) Co C o m m o n ____25 d ____ P re fe rre d . 100 104 106 69 P r e f e r r e d ___ 10C 112 F a irb a n k s C o . .2 5 d 14 34 H ercules Pow der 10C x 1 0 3 4 1st preferred..IO C 1064 P referred . . . . 10C 1 0 5 4 2d preferred _10C 1074 F a irb a n k s M o rs e .. t d 35 3 5 4 H e rr-H -M a rS afe 10C P re fe rre d ____100 1044 1 0 5 4 H eyw ood-W akefield C o ______ 10C F a ja rd o S u g a r. _ 10C 123 115 120 128 P re fe rre d ____10C F am ous Players1034 1054 L asky C o rp _____t d 94 110 9 4 4 H ock Val P ro d __1C d 92 48 P re fe rre d _____100 1054 1 0 6 4 H oe (R ) & Co cl A . . 464 H olly Sug Co . . _ t d 34 F a y & E gan c o m . 100 60 74 354 P re fe rre d _____10C P referre d _____100 92 80 89 94 Federal M o t T r . 10 dx 21 480 2 1 4 H olyoke W a t Po.lOC 465 H ood R u b b e r. _ . f d 52 Federal Sug Refg . 100 43 47 53 P re fe rre d . 10C P referre d ____100 80 90 99 974 5 th A ve B us te rm . . j d 1 3 4 1 4 4 H ood R u b Pro p f 10C 103 H ooven Owens & F e d e ra te d M e ta ls .. t d ____ 40 R entschler pf.100 109 80 95 F irestone T & R u b . 10 d 104 6% preferred .100 100 36 1 0 0 4 H ousehold P ro d __ t d 3 5 4 H ouston Oil ctfs.100 7% p referred .100 99 984 63 4 634 P referred c tfs.100 F isher B ody new_25 d 62 85 624 844 H ow e Scale pref.100 P re fe rre d _____100 60 63 H udson M o t C a r . - t d 42 4 424 H u m b le Oil & R .. 2 5 d 4 3 4 434 a P u rch a ser also p a y s accru ed d iv id e n d , d Price p er sh a re , n o t p e r c e n t, k L a s t sale. I P a r v alu e $100. n N om in al, o P rice per cent o f val t C an a d ia n p rice, s Sale p rice, t N ew sto ck , u E x -sto ck d iv . z A ssessm ent p a id , x Ex-dividend, y E x -rig h ts, t W ith o u t p a r. A pril, 1925.] S to c k s . Par. INDUSTRIAL AND MISCELLANEOUS STOCKS Bid. A sk . S to c k s . Par. Bid. A sk . Per share. 29d\ share. H u p p M o to r. . .1 0 d 1554 5 15 1554 L ib erty M ills__ 100 H u tc h Sug P lt n ..2 5 d 1454 L ib ra ry B u re a u , (t) d 25 35 H y d ra u lic P r B r.1 0 0 P re fe rre d . -.1 0 0 l o t no 654 614 59 P r e f e r re d .. ..1 0 0 57 85 8554 Lig & M yers T o b .2 5 C om m on B __ 25 d 56 % H y d ra u lic S teel__ t d 57 k P r e f e r r e d - __ 100 P r e f e r r e d . __ 100 5 9 11554 118 Illinois B r ic k .. .100 123 Lim a L ocom __ _ . t d 62 65 125 L indsay L ig h t___ 10 Illinois Pipe L __ 100 142 140 154 254 Im p erial G la s s .. 100 P r e f e r r e d . __ 100 6 k 88 Im p erial O il_____25 d L it B ro th e rs__ .1 0 d 22 54 23 N e w __ __ _ _ f d 28 2454 2854 Loew’s In c ________ t d 21 >4 Im p erial Tobacco L oft In c ________ t d 654 o f C an a d a c o m . .5 d Long Bell L um A (f) 3 4554 4654 Im p e rial Tobacco Loose W iles B is. 100 81 83 l». of G t. B rit & Ire l’d d 2254 1st p re fe rred . .100 105 109 2254 d 109 1 Yt ►» P re fe rre d __ I . .5 0 d 454 L ord & T a y lo r. .100 180 In d e p Oil & G a s__ t d 2354 1st p re fe rre d . .1 0 0 85 90 24 In d e p Pneum T o o l .t d 58 2d p re fe rre d -.1 0 0 97 54 5854 In d ia n a P ip e Line 50 d 71 L orillard (P ) _____25 d 3354 73 31 In d ia n M otocycle__t d 1354 P r e f e r r e d . __ 100 111 107 13 54 In d ian R ef com __ 10 d Louisiana Oil R ef (t) d 1554 7 1554 654 P reftrre d _____ 100 70 3754 85 54 L udlum S teel_____t d 3754 Ingersoll-R and -.1 0 0 226 Lukens S teel_____50 dn 5 12 235 P r e f e r r e d - __ 100 M acA ndrew s & 104 156 In la n d S teel_____25 d 41 Forbes _______ 100 159 42 P re fe rre d __ 100 10354 107 103 P re fe rre d _____100 100 In te rc o n t R u b . .1 0 0 6)4 M ack ay Cos (See P ublic U tilities) 654 I n t A gr C or co m __ t d 9 954 M ack T ru ck s In c . - + d 12854 12854 P rio r p re f c tfs __ f d 40 1st p re f erred ..1 0 0 105 10754 2d p re fe rr e d .. 100 10054 102 I n t Business M ___ t d 11054 112 In te r B u tto n Hole M acy (R H )............t d 7654 7754 Sew M achine . _ 10 d P re fe rre d ____ 100 11554 5 554 I n t C em en t C o r p .- f d 54 135 5454 M agnolia P e tro l-100 131 P re f (7 % )___ 100 M allison (H R )____t d 24 102 101 2454 I n t C igar M a c h . 100 P re fe rre d _____100 85 81 86 77 I n t C o m b u st E n g _ _ t d 3654 52 50 36J4 M a n a ti S u g ar__ 100 I n t E ducational P re fe rre d _____100 80 7954 d 52 rf 15e_ 30c 52 54 5 rf 4 22 23 I n t H a rv e ste r__ 100 P re fe rre d . .1 0 0 105 10154 102 P r e f e r r e d - __ 100 93 114 11454 M aple L eaf M ill. 100 r I n t M er M a rin e . 100 101 12 I P re fe rre d _____100 r 100 1154 P r e f e r r e d . __ 100 41 4254 M aracaib o Oil In te r N ickel_____25 d 2654 E x p lo ra tio n _____t d 25 54 2634 26 54 97 \i 98 d 3454 3454 In te r P a p e r_____100 5054; M arlin-R ockw ell 4954 P re fe rre d . . 100 102 12 108 i C orp v t c ______t d 11 P ref s ta m p e d . 100 72 b? 2854 7354 M a rtin -P a rry C o r . t d 2754 In te rn a t P e tro l____t d 2254 3 254 2254 M ason T ire & R ----1 d In te r S a lt_______ 100 P r e f e r r e d - .__ 100 15 17 69 7154 I n te rn a t Shoe_____t d 116 11654 M ass B aking com 100 n 45 P re fe rre d _____100 1st p re f erred ..1 0 0 n 70 11754 119 180 85 160 P r e f e r r e d - __ 100 X 107 M a th i’son A lk a li.50 d 60 61 I n t T e x t B ook__ 100 P re fe rre d _____100 98 57 96 60 In te rty p e C o rp ------1 d 23 87 V, M axw ell-M ot A .100 83 24 In v in cib le O il_____t d C lass B (no p a r ) . . d 5S54 5634 Iro n Prod C o rp ___ t M ay (The) D ep t 80 84 P re fe rre d . . 100 Stores Co c o m . .5 0 d 103 10354 J R M o n tg o m ery 100 P re fe rre d _____100 95 11854 125 P re fe rre d __ .1 0 0 M cC all C o rp ____100 85 106 Jew el T ea _____ 100 1st p referred ..1 0 0 123 18 18)4 P re fe rre d __ 100 107 94 11054 M cC ro ry S to res— t d 84 Jo h n s-M a n v , In c _ _ t d 138 N on v o t cm cl B . 1 d 82 85 143 Johnson T in Foil P ref w ith w a r.1 0 0 & M e ta l. . 100 W ith o u t w arr.1 0 0 104 60 80 10154 d 4* 48 17 1654 Jones & Laughlin M engel C o ______100 44 46 Steel 7% p re f. 100 113 M erc Stores n e w . 100 d 125 114 131 Jo rd an M o to r C a r . t d 4454 18054 4554 M erg L in o ty p e .. 100 r 177 Juncos C en t S u g . 100 M errim ac C h e m ----- d 88 91 75 125 K C S tk Y ds of M e . _ 19 97 54 M etro-G old P iet p ref d 1854 9554 P r e f e r r e d . __ 100 77 554 7854 M ex Eagle O il------- 5 d 4)4 K an aw h a & Hock M ex Seaboard O il- .f d 12 54 1254 Coal & C o k e..1 0 0 M ichigan S u g a r. _ 10 d 4 6 54 8 7 Preferred . . . . 100 P referred . .100 n 45 60 754 K an s & G u lf C o -.IO d 1 54 154 54 M id S tates O il— 10 d K ay ser (Jul) & C o .t d 19 M idland Steel 20 1st p re fe rred ___ + d 80 P ro d u cts p re f. 100 97 100 90 K eith (Geo E) Co— M idvale C o . . . - t d 2354 2454 1st p re fe rr e d .. 100 93 M idvale S t & O rd .5 0 d 96 K elly -S p rin g f T ire 25 d 1354 M iller R u b b e r----100 110 14 115 8% p re f e r r e d .. 100 Preferred ..1 0 0 44 100 49 103 6% cum p re f. .1 0 0 M ohaw k R u b b _ .1 0 0 42 44 3 ) K elsey W h e e l...1 0 0 Preferred . _100 72 85 90 85 P re fe rre d ____100 M oline Plow 1st 109 110 K endall M f g _____t d 10 p re f. .100 P re fe rre d 100 M o n tg o m ery W ard 85 K e n tu ck y W a g . . 100 Co co m m o n . . _t d 43 54 5 43 34 K e y st T ire & R __ 10 d P referre d .100 113 114 2 54 254 K in n ey (G R ) . . . T d 74 C lass A . - t d 11654 117 76 Preferred _ _ _ 100 M oon M o to r C a r . . t d 24 99 105 24i4 K irb y L u m b e r. .1 0 0 100 M orris (P h ilip )----10 d 1334 1354 Preferred . . 100 M orse T w ist D rill K resge D e p t Stores t 'd 34 & M ach in ery __ 50 d 89 36 Preferred _ __100 M o u n tain P ro d ----10 d 1954 90 92 1954 K resge (S S) C o . 100 528 M ullins B o d y ----- t d 16 539 1654 P re fe rre d . .100 88 Preferred . -.1 0 0 107 11354 K ress (S H) & Co 100 311 M unsingw ear I n c . t d 32 31 400 P re fe rre d . - 100 118 M u rra y B ody . - - t d 3634 3754 K u p p ’h ’m er (B) — 5 M u tu a l O il. - 5d 27 2654 P referred __ 100 N ash M o to r (no par) d 288 291 98 99 L aclede S te e l------100 P ref C lass A__100 105 130 135 10554 L ake Sup C o r p .. 100 5 454 454 N ash W areh & E l 100 L ake of th e Woods N a t Acme C o ___ 50 d 454 434 M illin g _______ 100 r 175 N a t B i s c u i t __ .2 5 dx 66 66 34 P re fe rre d __ .100 r 123 P re fe rre d __ .100 124 L a n d e rs, F ra ry & N a t C a n d y . ..1 0 0 95 C la r k __ ______ 25 d 71 1st p re fe rre d -.1 0 0 107 72 L a n s t M o n o ty p e 100 2d p re fe rred -.1 0 0 103 80 8054 L arro w e M illin g ---- 1 d 59 N a t C loak & S uit 100 61 66 54 6854 P re fe rre d _____10C 105 P referre d 100 100 102 L a u re n tid e C o ..1 0 0 r 80 54 N a t D airy P ro d — t d 44 54 81 46 Lee R u b & T ire ------1 d 11 54 12)4 N a t D e p t S to res— f d 41 54 4154 L eh C oal & N a v ..5 0 d 8154 1st p re fe rred -.1 0 0 82 98 9654 L ehigh Val C oal N a t D lst P ro d p re f. t 61 62 S ales. . . . __ 5C d 81 N a t E n am & S tpg 100 83 32 3154 Leh & W -B C o a l. .5 0 a P re fe rre d _____100 81 85 Libbey-O w ens N a t Fire-Proofing 50 d 12 54 13 Sheet G lass____25 d 107 P re fe rre d ______ 50 d 3354 112 3334 111 112 115 L ib b y , M cN e il & N atio n al L e a d .. 100 144 146 L ib b y __ ______ 1C d P re fe rre d . . .100 116 754 754 11734 N atio n al L e a th e r. 10 d 454 5 N a t R ef com _____25 d 35 3954 P r e f e r re d .. ..1 0 0 126 N a t Sugar R efg.100 95 97 S to c k s . Par. Bid. A sk 47 S to c k s . Par. Bid. A sk . Per share. Per share. 62 P roc & G am ble__ 20 d 114 N a t Supply C o __ 50 d 6! 54 11534 ____ P r e f e r r e d .. ..1 0 0 16054 P referre d _____ 100 d 105 54 10854 236 6% p re fe rr e d ..100 109 N a t T ea c o m . . __ t d 235 10954 23 N a t’l T r a n s it..1 2 .5 9 d 22 2254 P rod & R ef C o r p .50 d 2234 N a to m a s Co of C al P re fe rre d . - .5 0 d 45 4554 P u llm an 0 o . - -.1 0 0 13154 13134 p re fe rr e d . . .100 454 P u n ta Alegre S u g .5 0 d 41 54 41H New D e p artu re P u re Oil C o . ___ 25 d 26 M fg p re f . 100 105 2634 N ew E ng B ak ery 100 81 54 6% p re fe rr e d .. 100 8254 1st p re fe rred . .100 8% p re fe rr e d .. 100 10254 104 Q uaker O a ts___ 100 400 2d preferred .100 395 P re fe rre d ____100 105 New E ngland Spun 104 110 Silk p r e f .. . . 100 108 R adio C orp . . . . _f d 5134 5254 187 P referred . _ 50 N J Z inc_______ 100 185 51 49 54 N J W orsted M ills R y S teel-S pring. 100 12354 12334 101 117 114 R eece B u tto n -H o le N ew M exico & 8 M a c h in e __ .1 0 dx 16 A rizona L a n d __ 1 d 1634 834 91 94 R eece Fold M a c h . 10 dx 2 N ew N iquero Sugl06 234 46 12 N Y A ir B rak e____t d 45 Reis (R o b t) & C o . . t d C lass A s to c k __ t d 5154 1st p re fe rr e d .-100 63 5254 6854 N Y C anners I n c . - t d 31 54 3134 R em ington N oiseless 94 T y p e w riter . _ | d 38 7% cum p r e f .. 100 41 955s N Y D o ck ______100 20 27 P referre d ■ 100 P5 94 P re fe rre d . . . IOO 55 69 5754 R em ington T y p .1 0 0 67 34 N Y Shipbldg _____t d 21 27 1st p re fe rre d -.100 99 105 N Y Steam See P u b 1st p f Ser S __ 100 101 lie U tilities . 2d preferred . . 100 107 110 67 Reo M o to r C a r__ 10 dx 1534 N Y T ra n s it. ..1 0 0 65 1554 182 R eplogle S teel_____t d 1554 N icholson F il e ,. 100 178 1554 28 30 R epub I & S teel-100 47 N iles-B em 't-P ’d . 100 4654 50 55 P re fe rre d _____ 100 P referred .100 85 8854 259 R eynolds S pring__ t d 1234 N or & W S tb o at-1 0 0 x 238 13 R eynolds T o b ____25 d N o rth & J u d d __ 25 d 42 44 150 B com m on. . .2 5 d 73 54 N o rth e rn Pipe L .1 0 5 83 84 7354 P r e f e r r e d . __ 100 N o v a S cotia S t & C ’l r 12054 9 N unnally C o . . __ t 934 Rich & B oynton P a rtic p r e f _____t d 38 Ogilvie FI M ills .. 100 r 3854 32 139 26 110 s 128 100 R ocky M t F u e l. .100 5 Ohio B ody & B1__ t d 254 Ohio B rass p re f. 100 P re fe rre d . . .100 354 754 10154 C lass B ________ t d 185 155 ir-5 1 R om e B rass & C .1 0 0 140 65 | R om e M fg ______100 Ohio O il.. ______ 25 d 6314 100 R oyal B ak P ow .1 0 0 143 45 146 O ntario Stl P ro d __ r 43 103 90 95 101 O nyx H osiery _____t d 21 24 1 R oyal D u tc h Co N Y d 49 54 50 P referre d _____100 25 20 795ft Saco-Low ell Shops ? 7734 P referred . . . . 100 O rpheum C irc u it. .1 d 27 54 75 2754 98 2d p re fe rre d -.100 40 P re fe rre d _____100 100 35 O tis E l e v a t o r __ 50 d 99 116 9954 Safety C ar H & L100 113 P referre d _____l50 z 96 54 75 101 1 S t L 'Car Co p f-.1 0 0 65 O tis S te e l.. . . . _ t d 834 St L C o t C o m p .. 100 9 4754 535ft 54 1St L N a t Stk Y . . 100 90 8754 Owens" B o t t l e __ 25 d 4154 4454 St L R ocky M t & Pacific C o ___ 100 22 P r e f e r r e d - __ 100 110 2334 Oxford P a p e r pfd 100 98 P re fe rre d ____100 103 44 S t Regis P a p , com t Pacific C oast C o . 100 26 31 P re fe rre d . . 100 1st p re fe rre d .. 100 65 70 100 97 S alt C reek P r o d . -10 d 2534 • 2d preferred 100 41 50 2534 San Cecil Sug p f.1 0 0 Pacific M ail SS .(5 ) d 854 5 2 10 69 P acific O il. ______t d 5454 5114 Savage A r m s __ 100 6854 18 5ft 5 P a c k ard M o to r__ 10 3 1854 Sav R iv Lum p f.lO p P referre d _____100 91 10834 10154 S av an 'h Sug com _ t d 88 P aig e-D etro it M otlO i 15 P re fe rre d _____100 96 94 1534 P a irp o n t C o rp . 100 161 S chulte R etail St_ _t d 10954 111 P a n Am P etrol & P re fe rre d __ .100 115 112 d 7754 7754 250 240 Sears. R oebuck & Com C lass B __ 50 d 7734 78 Co com m on __ 100 P an h a n d le P & R _ _ t d 254 152 152 34 454 Seiberling R u b b __ + d 19 39 5ft P referre d _____100 60 20 P re fe rre d _____100 Paragon R efg___ 25 d 7 98 754 10054 P r e f e r r e d - __ 100 60 58 53 6354 Shaff O & R p f--1 0 0 P a rish & B ing s t p d - t d 20 134 134 Sharon Steel H p .50 d 19 P a rk e , D avis C o. .2 5 d S h a ttu c k (F ra n k G) t d 41 4134 Shell T ra n sp & T r £2 d 4054 P a rk & T ilford I n c . t d 2934 30 4154 Peck, Stow & W ile25 d 39 Shell U nion Oil t d 23 54 2354 Peerless T rk & M .5 0 d 13 54 14 P re fe rre d __ 100 100 54 101 Penick & F ord . . t d 26 34 35 2754 Sherw -W illiam s - .2 5 d 33 34 P re fe rre d __ .100 P referre d __ .100 X 105 105 106 P enn C oal & Coke 50 d 1254 1434 Sher-W m s C a n . .100 r 12454 P referred . .100 r 107 34 Penn S alt M fg __ 50 d 74 76 Penn Seab S teel__ t d 134 154 Shredded W h e a t. 100 r 153 Sim m ons C o . . t d 3254 Penn T r a f f ic .. 254 d 33 P enn-M ex F u e l__ 25 d 37 P referred ..1 0 0 39 102 54 Penney (J C) p f.1 0 0 Sim m s P etrol C o . 10 d 2134 22 Sinclair C ons O i l . - t d 1834 P helps-D odge__ 100 112 lit 1854 49 54 Phila Insul W ire__ f d P referred . . . 100 84 8554 Phil & R ead C & I . f d 39 54 240 245 3934 Singer M fg __ .100 C tfs of in t (w i) _ _ f 39 40 34 Singer M fg L td __ £1 d 434 454 P hillip-Jones C o r p .f d 60 Skelly O il. . .2 5 d 2234 63 2234 P re fe rre d . ..1 0 0 84 8754 Sloss-Sheff S & 1 . 100 83 8254 P hillips P etrol . t d 37 Preferred _ 100 91 93 3754 S m y th M fg C o . .100 275 P hoenix H osiery__ 5 d 18 23 Solar R efining__ 100 P r e f e r r e d . _1001 84 90 218 223 Pierce-A rrow M o t Sonora P h o n p fd .1 0 0 40 45 C ar C orp . t d 1134 1154 S o u th east E xp 100 94 97 P re fe rre d ___.105 83 84 43 54 4454 S o uthern Pipe L_100 S o u th ’n S ta te s Oil 10 d P rio r p re f_______ t d 86 89 54 34 Pierce Oil C o rp __ 25 d 2 167 254 S outh P en n Oil .100 16554 So P o rto RicoSuglOO P re fe rre d _____100 31 33 67 71 Preferred 100 101 Pierce P e tro l. _t d 108 654 634 Pigg Wigg C orp - _ t d 21 2154 S’w est P a P L ..1 0 0 67 70 Spalding(A G ) & B ro P referre d - . 100 dn 70 1st p re fe rre d -.1 0 0 P ittsb B rew ing__ 50 d 2 99 101 Preferred _____ 50 d 654 Spanish R iver P u lp & P a p e r M __ 100 r 103 54 10454 P itts C oal (P a )-.1 0 0 50 4534 P re fe rre d .100 r 11434 P referre d __ .100 84 89 54 P itts b Oil & G as__ 5 d 8 54 Spicer M fg C o ___ t d 1554 16 P re fe rre d . _ 100 P ittsb PI G lass. .100 s 280 92 93 Stafford Co p re f. 100 P itts b Steel p re f. 100 95 90 98 100 P itts b T e rm CoallOO 69 4154 4254 S ta n d a rd M illing 100 d 68 P referred - ..1 0 0 Preferred 100 84 75 83 8154 S ta n d Oil (C a l)__ 25 d 58 P lim pton M fg ColOO 100 5854 S ta n d Oil ( I n d ) __ 25 d 60 P o rto R ic A T o b .1 0 0 50 41 6054 S ta n d Oil ( K a n ) ..2 5 d 32 P o stu m C ereal___ t d 10554 107 3254 S ta n d Oil (K y )_ _ 25 P referre d _____ 100 116 d 115 11654 11554 Pow er C orp c o m . . t d S ta n d Oil (N eb) .100 250 253 S ta n d Oil of N J . . 2 5 d 40 P referre d ___ 100 98 100 4054 P re fe rre d _____100 P rairie Oil & G as .2 5 d 52 52 54 11754 11734 P rairie P ipe L ..1 0 0 S ta n d Oil of N Y . .2 5 d 4254 11654 117 4234 344 45 55 P re fe rre d . ..1 0 0 Pressed Steel C ar 100 53 54 118 120 S ta n d P la te G la ss. . f d 1154 P re fe rre d __ .100 82 83 12 P r e fe rre d . _ 10(1 70 78 P rio r p re f. . . 100 s 94 S ta n d S an it M fg _ .2 5 d 110 P r e fe rre d . ..1 0 0 115 S ta n d a rd Screw .100 107 111 Preferred A __ 10C 102 S ta n T e x t P ro d . .100 4454 4554 P referred A __ 100 3154 3554 P referre d B __ 100 a Purchaser also pays accrued div. &Assessment paid, dPrice per share, not per cent, k Last sale. I Par value $100. n Nominal, r Can adian price, s Sale price. ( New stock, u Ex-cash and stock div. v Ex-stock div. x Ex-dividend, y Ex-rights, t Without par value. 48 INDUST. AND MISCEL. STOCKS—MUNIC. BONDS S to c k s . Par. S tan ley W orks . .2 5 P r e f e r r e d . . __ 25 Steel Co o f C a n . -10C P re fe rre d _____ 10C Sterling P r o d u c ts .- t Stern B ros p re f .100 Stetso n ( J B ) ______ t P re fe rre d ____.2 5 S trom berg-C alrs .2 5 8tro m b erg C arb . t 8 tu d e b a k er C o rp . f P re fe rre d _____ 100 S tu tz M o to r C a r_ _ t Su b m arin e B o a t- t S u g ar E s ta te s O rien te p re f__ 103 Su p erio r Oil . . . _ t W ith w a rra n ts _ Sullivan M a c h ’y .-5 0 Su p erio r S teel__ 100 Sw an & F in c h ____25 Sw eets Co o f A m . 10 Sw ift & C o _____100 Bid. A sk . S to c k s . Par. Bid. A sk. S to c k s . Bid. Par A sk. S to c k s . [V ol. 120. Bid. Par. A sk . Per share. Per share. Per share. d 65 A 66 34 U S R u b b e r ._ ..10C 35 A 11531s 116 3634 W estern E lec pf.lOC 37 93 93 A W esting A ir B r’ke.SC dx 98 1st preferred-.IO C 3-34 9834 U S S m R ef& M in_5C d 35 34 67 37 d 3634 3534 W est’hse E l & M f.5C dx 6634 46 x 123 126 P re fe rre d ______ 5C 1st p re fe rre d __ 5( dx 78 85 4534 10 122 U S S ta m p in g __ 10C 124 k 110 W eston E l I n d u s . -1 d 934 U S Steel C o r p .. 10C 115 34 11534 C lass A . ___ 1 d 20 11534 117 2034 50 M P re fe rre d _____ 10C W estm o r’d C oal..5C d 45 d 2434 12234 123 2434 U S T obacco ______t d 5134 46 , 53 A W Va P u lp & P a p ._ 1 d 43 P re fe rre d __ .10C 102 2 d 6634 98 10634 108 6734 57 41 W heeling M o ld & 11434 11734 U niv L eaf T ob .100 90 11534 11634 P re fe rre d _____10C 93 F d y com ______ t k 5 1 53 k 30 U niv P ipe & R a d - - t d 3534 P re fe rre d ___-10C d 5234 3534 12 20 P referre d _____10C 77 A W heel Steel C orp -10C k 4234 7634 3.05 75 U ta h -Id a h o S u g a r. 6 d 2.85 P referred A __ 10C it 9834 136 140 V acuum O il______ 25 d 85 34 P referred B . 100 it 114 8534 110 112 V anadium C orp _ . f d 2634 2634 W hite E agle Oil 3 & R e f in in g _____t d 2554 20434 20534 V andalia C o al__ 100 2634 P referre d _____100 59 193s 2134 234 W hite M o to r__ .50 d 5834 ____ Van R aa lte Co _ . t d 1534 20 Wickw ire-Spencer Steel C o r p _____5 d 1st p re fe rre d . .100 60 65 34 54 d ___ V en tu ra Con Oil 1st preferred .1 0 0 dx 4134 F ie ld s...................5 d 22 34 12 A 2234 W illys-O verland. .2 5 d 12 A 4134 88 dx 27 85 P referre d _____100 85 54 _ 8534 27 34 V ictor T a lk M ..1 0 0 934 • 1034 234 W ilson & C o ____t d 4234 V a-C aro C h em ___ t d 2 103 3 134 32 34 3434 d 51 d 53 26 30 134 134 102 C tfs of d e p __ 2 P referred .1 0 0 101 W inch-Sim m ons Co A U S C ast IP&FdylOO d 164 3s 165 P re fe rre d _____100 10 C om m on_____ 100 1034 1034 4 10 104 C tfs of d e p ___ 25 P re fe rre d __ P re fe rre d _____100 100 10234 U S D i s t r i b ____ t d 32 38 40 10 W inchester Co 100 3234 Va Iro n C & C ..1 0 0 182 160 20 25 P re fe rre d _____100 P re fe rre d ___.100 79 73 1st p re fe rre d -.1 0 0 V V ivaudou In c __ t 20 U S E n v elo p e__ 100 147 155 2d p referred 100 V ulcan D e tin ’g .100 6 10 W oods M f g ____100 r 33 100 106 110 P re fe rre d __ U S E x p ress____ 100 C om class A . .100 4 3 34 P re fe rre d ___.100 r 7334 434 7434 U S F inishing ..1 0 0 90 P re fe rre d __ 100 86 88 87 75 W oodw ard Ir o n . 100 P re fe rre d _____100 85 7% p re f cl A . .100 40 90 88 P referred ..1 0 0 95 U S Food P ro d .100 W aldorf System . . t d 1634 1634 W oolw ’th (F W ). 25 d 118 11834 U S G la ss_______ 25 d 14 W orth in g to n P u m p 1434 W alth am W atch & C lock cl B - . __ t d 15 U S G y p su m _____20 d 121 16 122 & M ach _____ 100 4834 4834 P rio r p re f__ 100 76 P re fe rre d _____100 s 115 s 116 78 83 P referred A ..1 0 0 28 69 U S H offm an M aP re fe rre d _____100 26 34 P referred B ..1 0 0 70 34 chinery_________ t d 2434 1634 2434 W alw orth M fg . .2 0 d 17 1734 W right A eron _____t d 16 U S In d Alcohol .100 80 W rigley (W m) J r . _ t d 4634 47 34 8034 W ard B aking C orp: C om C lass A ____t d 117 P referred . 100 dxl04 120 107 W urlitzer (R udolph) d ___ 38 s 107 U S P lay in g C a rd .20 d 107 A C om C lass B __ t d 3734 109 7 % preferred . 100 U S P r in t & L ith o — P r e f e r r e d ____100 97 9134 8 % preferred .1 0 0 10154 C o m m o n _____ 100 67 70 W arw ick I & S t .1 0 d 6 7 Yale & Tow ne _.2 5 d 64 66 F irst p re f_____100 W ash C rosbv p f.1 0 0 L09 112 Yellow C ab M fg . .1 0 10434 3634 3534 __ Y oung (J S) C o 100 127 W ashburn W ire . 100 117 Second p re f__ 100 93 132 9134 U S R a d ia to r .. _ 100 n 170 P r e f e r r e d .. 100 115 175 P referre d - __100 102 105 W ashington Oil .1 0 d 30 P referre d __ 100 n 98 35 100 Y oungstow n Sheet 70 U S R e a lty & Im p .1 0 0 11834 11834 W ash M a r k e t____50 d 53 55 & T u b e _____ t d 64 W eber & H e ilb r__ t d ____ 7% p referred - _ 100 P re fe rre d _____100 105 103 N e w ______ . _T d 51 34 53 34 W ells F argo & Co 1 d 1234 13 W elsb’ch Co ComlOO — 50 Per share. d 79 U n C arb & C a rb o n , t 81 U nion Oil of C alif__ d 27 r 85 U n Oil A ssociates 25 r 109 U n S t Y ds So OmlOC d 62 U nion T a n k C a r. 10C 63 114 P re fe rre d _____10C d 90 92 U n ited A lloy S teel, t U n ited C igar Stores d 33 36 d 5934 5934 d ____ P re fe rre d __ 100 U n ited D ru g --10C 64 d 61 A 42 % F irs t preferred .50 d 42 A 110 112 U n ited Dyewood.lOC ds 6 s P referre d __ 100 634 d 934 934 U n E n g & F d y . .100 P referre d _____100 99 95 U n ited F r u it___ 100 d 434 4% U n it P a p e r B oard 100 98 P re fe rre d __ 100 100 d 55 58 U n ited R etail Stores C lass A ___ . t 26 A 27 d 17 19 U n td Sh M ach Cor25 8 P re fe rre d ______ 25 5A 110 U S B o b b & S h u t.100 109 A d 28 A 28 % P r e f e r r e d ___ 100 S y m in g to n C o __ . t d 1734 C lass A . - . - _ t d 20 A T e la u t’g ’p h C o r p . - t d 1 1 A T ex as C o m p an y 25 d 43 A T ex P ac C oal& O il.lO d 13 A T ex as G u lf S ulph 10 d 101A T ex tile B a n k in g . 100 145 T h o m p so n -S ta rre t. t d 85 P re fe rre d _____ 100 d 98 T id e W ater O il. .100 124 T im k en -D et A xle. 10 d 4 A 70 P re fe rre d .......... 100 T im k en R oll B ear t d 3834 74 A T obacco P ro d __ 100 C lass A ______ 100 96 A T o rrin g to n C o ___25 d 47 T ra n s c o n t’l O i l __ t d 4 T ran su e & W illiam s Steel Forging . t d 2534 T ro y F d y & M ac h .25 d ____ P r e f e r r e d __ 100 T ru m b u ll Steel__ 25\dx 18 P re fe rre d ____100.x 97 T ru sco n S teel___ 10]d ____ P r e f e r r e d .. . 10|d - - - n U nderw ’d T ypew _25|d 38 P re fe rre d - __100 d 115 Un B & P C orp__100 36 | 40 17 A 21 1334 44 1334 101 A 152 127 434 38 34 74 A 97 A 48 434 2634 5 5 1934 100 19 1034 39 3634 6 A ssessm ent p a id , d P rice p e r sh are, n o t p er c e n t, k L a st sale, n N om ina!, r C a n a d ia n price, sto ck div id en d , v E x -sto ck d iv id e n d , z E x -d iv id en d , y E x -rig h ts, t W ith o u t p a r value. s Sale price, t N ew sto ck , u Ex-cash a n d UNITED STATES AND MUNICIPAL BONDS In S ta te a n d m u n icip al b o n d s th e cu sto m h as alw ays been to q u o te th e m "a n d in te re s t.” T h a t is, th e a ccru ed in te re s t m u st in a ll cases be a d d ed o n . T h ere a re a v e ry few w hich fo rm exceptions to th e ru le — th a t is, w here th e prices given are f la t p rices, th e accrued in te re s t h a v in g been ta k e n in to a cc o u n t in m ak in g th e m . T hese a re in d ic a te d b y a sp ecial m a rk , th u s (/). T h e fig u res in th e colum n “ To N e t” in d ic a te th e b asis on w hich th e securities sell or th e in te re s t ra te w hich th e securities, if hold to m a tu rity , will n e t to th e p u rc h a se r a t th e p re se n t m a rk e t p rice. Bid. B on d s. A sk . To N et U N IT E D S T A T E S — Se e also page 1 2s P a n C an N o v 1938____ Q -F 3s P a n a m a C an a l 1961___Q -M 3s C onversions 1 9 46-47__ Q -J U S C tfs o f in d eb ted n ess U 8 T re a su ry n o te s _____ In s tru m e n ta litie s o f U 8 G ov F e d F ’m L 434s '3 7 __ M & N F e d F ’m L ’n 5s ’4 1 __ M & N F e d L a n d B k 434 s ’42 M &N 434s 1943 op 1933____J & J 4 A s ’43 o p ’3 3 _____ J & J 434s ’39 op ’2 4 _____M &N 4 % s 1953 o p t 1933----J & J F e d L d B k o f Springf, M ass 4 A s 1953 o p t 1 9 3 3 --F e d ’l In te rm e d C red B ks 434s F e b 1 1926____F& A 4 A s A p r 15 1926________ 434s J u n e 16 ’2 6 -J& D 1 6 4 A s F e b 1 1927___ F&A 4 A s O ct 15 ’2 7 --A & 0 1 5 10034 101A 9-5 3^2 95 A b 2.75 2 .0 8 % b 3.77 3 .4 2 % 10034 101 101 A 100 % 102 100 A 103 A 101 34 b 4% 63 34% 53 34 % b 4% 5434% 104 A 102 A 102 ‘4 10. A 103 A 102 3 ,5 0 % 3 .5 0 % 3 .3 0 % 3 .5 0 % 334% T E R R I T O R IE S AN D U . S. P O S S E S S IO N S H aw aii, T e rrito ry of—434s S ep t 15 1949--M & S 15 b 4.50 4.2 5 % 4s M a y 15 ’46 op ’3 6 - -M &N b 4.50 4.25% 4s A ug 1947 o p t '3 7 __ F&A b 4.50 4 .25% P h ilip Is l 5 A s Sept ’50 - - - Q-M 102 103 A 4 A J u ly 1 & 15 1 9 5 2 --J& J 97 % 98 A 4s g L P u r '34 o p t ’1 4 --Q -F 04 A 95 A 4s P W k s & Im p 1 9 3 5 --Q -M 94 A 95 A 4s Im p t 1936 o p t ’16 --F & A 94 A 95 A 4.15 P o rto R ico 434s f31-’3 4 _ -J& J 4.20 4 A s 1937-1940_______ J & J 4.15 4s J a n 1 1944-1950_____ J & J 4.15 4s gold 1925-1960______ J & J 4.10 4s R o a d 1927-1930_____ J& J ALABAM A 4.25 4 A s R enew al 1950______ J & J 4.20 4 A s R o ad 1925-1931--4s ren ew al C l C 1956___ J & J 4.20 4.20 3 A s ren ew al J a n 1956___ J & J B irm in g h a m 7s 1931____J& D 6 4.65 5 A s M a rc h 1 1927____M&S 4.25 5 A s 5926-1935______M &S2 b 4.50 to 4.10 % 5s School A p r 1 1950--A & O 4.50 5s School 1934________ J& J 4.45 5s F u n d Sep 20 ’4 1 ___ M & S 4.50 4.55 Jefferso n C o—-5s 1 9 4 9 -. 4 A s J u ly 1 1931_______ J & J 4.45 4.50 4 A s H o sp ital 1963____ J& J M obile—-5s School ’4 3 __ J& D 4.45 5s Sewer N o v 1 1 9 4 2 --M & N 4.45 5s D ock N o v 1 1947____M &N 4.45 5s R efu n d in g 1949______M&S 4.45 4.40 4 A s R efu n d in g 1937____A&O 4 A s W a te r & Sew ’3 9 ____J & J 4.40 b B asis. / F la t p rice, n N o m in a l. B o n d s. M obile Co 5s re f 1928-5s R o a d F eb 1932_____ F&A 5s N o v 1 1947_______ M & N 4s C H & J a il 1926_____ J & J M o n tg o m ery— 6s 1 9 5 1 --1 J& J 5s F u n d in g 1940______ J & J 5s N o v 1 1950_______ M&N 4 A s W a te r 1928______ A&O 4 A s Sch W W & Sew ’44 J & J M o n tg o m ’y Co— 5s ’3 5 --A & 0 Selma 5s 1927 o p t 1910- -M &N S um ter C o 5s 1950_____F&A T ro y 6s im p 1935________ J & J Bid. A sk . To B o n d s. Bid. A sk. To N et. R ed lan d s— 5s 1925-51--J & J 1 5 4.40 R iverside 5s 1925-53____J& D 4.40 R iverside Co 5s ’25-’54_-M & N 4.40 S acram ento 4s J a n ’26 -’45 o p t 4.35 434 s Sew & D r ’27-’34--.T& J 4.35 S acram ’ to C o 4 A s ’26-46 J& D b 4.65 to 4.45 % ' San D iego 5s W W ’25-’54 A&O 4.40 5s W a te r 1934-53____ F& A 4.40 4 A s W h & H a r ’26-’5 2 -J & J 4.40 5s M u n ic 1925-1960__ J & J 4.40 5s School 1931-1966_______ 4.40 4 A s W a te r 1925-29____J & J 4.40 4 A s W a te r 1930-1964_____ 4.40 3 A s g J u ly 1 ’25-’4 4 - .J & J 4.40 A R IZ O N A San J o a q u in Co 5s ’25-’49 J& J b 4.65 to 4.45 % 4.40 San M ate o Co 5s '25-’4 2 - .J & J b 4.65 to 4.45 4 A s r e f A p r ’38 op ’2 8 --J& J 1 5 M arico p a C o u n ty S D N o 1 S a n ta B arb a ra 5s 26-41 J a n 10 b 4.65 to 4.45 l 4.75 5s M a rc h 1933________ M a r 4 A s gold A ug 1943___ F&A b 4.60 to 4.40 % 4.75 6s H ig h w ay ’47-’5 1 -_ J& J 15 4.50 Phoenix— 434s '50 op ’3 0 -J & J 4.60 6s J a n 1 1946_________ J & J C A N A D A — See page 49. 4.50 5s School M arch 19334.50 5s J a n 1 1954 o p t 1934. 4.50 COLORADO 5s W W 1926-1950--. 4.80 Colo Spgs 4s ’29 o p ’14--M & S 99 9834 4s R ef W a te r M a r 1 1941__ 4.75 Tucson—-5s W a te r 1950. 97 A 96 A 4.50 D e lta Co 5s re f ’30 o p ’20 J& D 4 A s W M a r 10 ’38- -E 99 100 D enver 5s A ug 15 ’2 8 - -F & A 15 101A 102 A ARKANSAS D en v er (C ity a n d C o u n ty )— 5.40 St F ran c is L ev D 6s ’4 7 - -J& J 434s W ater N o v ’4 8 --M & N 5.30 434 s W a te r 1944______ J & J 5 A s 1945-1964_____ 5.30 S D N o 1 4 H s ’34 -’5 3 -- J & J 5 A s 1950-1969______ J & J 5.25 Las A nim as Co 4 A s '3 1 - -J & J 5s 1949 o p t 1929_____ J& J 99 100 P u e b lo C o 4 3 4 sre f’31 o p ’2 1J& J 9934 9834 C A L IF O R N IA P u eb lo Co S D N o 20— ______ 4.15 4 A s 1932____________M & S 5 A s H ig h w ay ’2 7 -3 7 - --J & J 3 9834 9934 b 4.25 to 4.10 % 4 A s U n iv B ldg J a n 5 ’26-65J& J C O N N E C T IC U T 4 A s H ighw ay 1936-48--J & J 3 b 4.25 to 4.10 % 4.15 *3 A s A p ril 1934_______ A&O 4s H a rb Im p 1985 op ’50- - J & J 3.85 *4s J u ly 1936____________J & J 4s H ighw J u ly 3 ’25-’2 6 -- J & J b 4.25 to 4.10 % 3.85 *5s J u ly 1 1936__________J & J A lam eda—4 s ’25 to ’4 1 --J& D b 4.60 to 4.50 % 3.85 B rid g ep o rt— *5s '2 5 -4 9 --J& D 4 A s M u n Im p ’26 -’4 8 -A & 0 b 4.60 to 4.50 % % 4.60 434 s B ridge 1925-65____J & J b 4.25 to 4.10 % B akersvield 5s 19 2 5 -5 2 .-A&O 4.45 4 Q s H ig h Sch ’26 -’6 3 -- J & J b 4.25 to 4.10 % B erkley 5s 1942-1951___ J & J 4.45 *4 34s Sewer 1926-46 A&O b 4.05 to 3.90 % 5s School 1926-1955__ J & J 4 A s School 1927-19-b 4.25 to 4.10 % Im p e rial Irrig D is t 6s ’3 8 -J & J 102 34 10534 4'30 334s Im p ro v t 1925-41 J & J b 4.25 to 4.10 % Los A ng— 4 A s 1925-51--J& D 4.30 *5s C o n str’n ’25 -’4 8 --J & D b 4.10 to 3.95 % 4s W a te r 1925 to ’4 5 -.M & N 4.30 B ristol 434s W a te r 1 9 3 9 --J& J b 4.10 to 4% 3 A s W a te r ’25 to ’41 - .A & O 4.30 *5s J u ly 1 1926-55_____J & J b 4.10 to 4% 434s Sch 1925 to ’4 4 - -J& D 4.45 C heshire 4 A s 1 9 2 6 -4 5 -.-J & J b 3.90 to 3.90 % 4 A s 1925-1963_______ A&O D a n b u ry 4s W a te r 1 9 4 6 --J & J 5s M u n ic 1926-’61_____F&A 4.15 334s F u n d in g O ct ’4 1 -- A & 0 534s H a rb Im p ’25-’61 M & N 4.15 E a s t H a rtfo rd F ire D is tric t Los A C S D 534s ’25-34 M & N *5 A s 1927-1951_____M&N 6 4.10 4% 534s N o v 1935-60____M & N b 4.60 to 4.50 4s W a te r J u n e 1933__ J& D Los A ng Co 434s ’26-’4 9 -.F & A G la sto n b u ry 434s ’26-’58J& J O ak lan d — 534s ’25-’4 3 --F & A 3.90 G reenw ich 434s 193 1 -3 3 --J& J 4 A s M u n Im p ’25-’43-F & A 4 H a rtfo rd 3 A s B dge ’5 5 - -J & J b 4.10 3.95% 434s 1926-1929_______ F&A b 4.10 to 4% *4s W a te r J u n e ’30-’39 J& D b 4.05 3.85% 434s 1930-1965_______ F&A b 4.20 to 4.15 *4s W a te r 1 9 4 0 -4 5 ----J& D b 4.05 3.85% 434s Sch &c J u n e 23’25 J& D 4s H ig h Sch ’26-’5 5 ___ J & J b 4.10 3.95% O ak lan d S D 4s ’25-’4 4 -- J & J 434 s M u n ic B ldg ’3 3 - -M & N b 4.15 O range Co 5s 1926-45---M & S 4% *4 34s P e rm Im p ’25-’27 J& D b 4.05 3.85% P a sad e n a — 4s J a n ’26-’42 J & J .14.40 4 A s W a t P l’t ’25-’3 6 --A & 0 * T ax -free in C o n n ec tic u t. 4.40 4.55 4.60 4.25 4.90 4.65 4.65 4.40 4.60 4.65 4.75 4.85 10134 5.80 A pril, 1925.] STATE AND MUNICIPAL BONDS B on d s. H a rtfo rd School D istric ts— *4% s A rsenal ’25-’4 7 -M & S *4% s N o rth e a st 1959-J& D *4% s 2d N o rth 1 9 4 4 ---J& J 3 % s S o u th S ep t 1955-M & S 4 % s S o u th w est 1944--M & N *4% s W ash ’t ’n ’26-’4 7 -J & J 4s W est M id d le 1937--F& A M erid en (T) 4s ’25-’3 5 --M & N M iddletow n (T )*4s 1930-F& A N ew B rita in (C) 3 Ms ’3 2 -J & J 4s M u n ic B ldg 1948___ J & J 4 Ms School 1925-’4 0 --F & A 4 Ms School 1940-’5 2 -.F & A 4 % s W ater A ug 1941--F& A 4 Ms Sch A ug ’25-’4 3 --F & A 4 M s Sch A ug 1929____F&A *5s P a rk 1 9 2 5 -1 9 4 3 -..F & A N ew H a v (C) 3M s ’25- 35A & 0 4s Sew erage 1 9 2 6 -2 9 --A&O *4s A p r 2 1940 tax -ex p t-A & O 4M s P a v in g M a r 1936-M&S 4 Ms 1943-1952___________ *4 Ms P a v in g A ug ’3 7 __ F&A *4 Ms M ch 15 27- 35-M &S15 *5s ’36- 37-‘39-’40- 4 1 --A & 0 *5s 1925-1951_________ J & J N ew H av en (T ow n)— *3 Ms A ir L R R ’25-‘2 9 -- J & J N ew London 4s 1933____A&O 4M s P a rk J u ly 1942__ J & J N o rw alk (C) 3 % s 1 9 2 9 ..J & J 4s R ef Sewer ‘27-’2 8 __ J & J 4s Sch M ch 1954-1964_____ 4 Ms Sch M ch 1929-1953--*4% s Im p ro v t ’2 5-’3 9 -- J & J N o rw alk (T) 4 Ms 1 9 4 2 --J& D N orw ich— 3M s 1925___ J& D 4s G as & Elec 1931__ A&O 4 Ms W ater M a r ‘3 9 __ M&S 4M s R efu n d in g 1 9 3 8 --A&O P u tn a m (T) 4 Ms 26 -4 6 -A&O 4 Ms W a te r 1 9 2 5 -2 7 --F& A 4 % s W a te r 1928 & ‘30-F & A S tam fo rd (C) 4s 1942__ M&N S tam fo rd (T) 4 Ms' 26- 45 J & J S to n in g to n 4 Ms 2 8 & 3 3 -A & 0 ♦ S tra tfo rd 6s 1 9 2 5 -3 1 --M & S T o rrin g to n *5M s ’30-’3 5 -J& J *5% s F u n d 1936-’4 1 - - - J & J ♦W allingford (Tow n) 4 Ms 1933. ’38. ’43, ’48, ’5 3 _____ W aterb u ry 3 Ms Sch’26-32 J & J 4s P a rk J u ly ’25-’5 8 __ J & J 4M s C ity H all ’25-’6 3 -- J & J *4 Ms W a te r ’49-’9 3 __ J & J 4 Ms 1934-1964___________ 4M s W a te r 19 3 0 -4 4 --J& J1 5 4M s 1946-1953_____J & J 15 4 Ms W a te r 1935-’6 4 - - - J & J *4 Ms 1925-1934_____ J& J15 W est H a r tf ’d 4M s 1 9 4 3 --J& D W est H a v en U nion S D —• 4 Ms M a y 1 1927-’5 6 --M & N B onds Bid. b b b b b b b 4.05 to 4.05 to 4.05 to 4.05 to 4.05 to 4.05 to 4.05 to 96 M. 6 b b b 6 b 6 6 4.05 4.05 4.05 4.05 4.05 4.05 4.05 4.05 to to to to to to to to 3.95 3.95 3.95 3.95 3.95 3.95 3.95 4% 4% 4% 4% 4% 4% 4% 4% 95M 100 b b b b 94 4.00 4.25 4.25 4.25 to to to to 3.25 4.05 5.10 4.10 b 4.10 to 3.95 b 4.10 to 3.95 b 4.10 to 3.95 b b b b b b 4 b b 4.15 4.15 4.15 4.15 4.15 3.95 4.15 4.15 4.15 101 to to to to to to to to to 4.05 4.05 4.05 4.05 4.05 4.05 3.90 4.05 4.05 3.90 D ELAW ARE. 3s D ec 1 1927 o p t 1902. _ .J& D 4 Ms H ig h w ay 1960______ J & J 4M s J a n 1 1961_________ J & J D over Spec S D 5s ’26-’46 A&O K e n t Co 4M s 1945-1950-M&S N ew C astleC o 4 Ms ’2 6-’34J& D 5M s 1925-1928________ J & J 5M s 1936-1944________ J & J Sussex Co 5s 1931-1970--J & J W ilm ’g to n — 4 Ms ’28-’3 7 -A & 0 4M sB ldg— C o n ’53-‘62 M & S 5s 1947-’4 9 __________ A&O M- 4.30 4.15 4.20 4.25 F L O R ID A . D ad e Co 5s O ct 1947-’5 4 --. D u v al Co 5 M s’32 o p ’12 M &N 100 5s A rm o ry 1944_______ J & J E v erg lad es D ra in a g e D ist—■ 6s 1925-1935_________ M&N 99 6s 1933 to 1941________ J& J 106 5M s 1931-1948________ J& J 65 % % H a m ilto n Co 5s F e b 7 ’4 8 -98 H e m an d o Co 5s 1944___ J & J 98 Jack so n v ille 5s J a n 1 ’3 6 -J & J 4M s F eb 1937________ F&A Jac k so n v S D N o 1 5s A p r ’45 K ey W est 5s 1942_______ J & J 100 M iam i 5s 1925-1944_____J & J 4M s M u n ic I m p ’2 6 -’55M&S 6s School 1940_______ J& D O range C o u n ty 5s 1 9 4 4 --J & J 100 Pen saco la 4 Ms re f 1 9 4 1 --A&O 6% School 1926-1951--J & J P o lk Co 5s R o ad ’25-’4 0 -- J & J S t P e te rsb u rg 5M s 1 9 4 9 --J& J T a m p a 5s J u n e ’55 op ’25 J& J 5s M u n Im p ’62 o p ’32 J& D 5s W W P u rc h ’2 5 -7 2 -F& A 101 109 5% 4.70 4.60 100 M 4.50 5 5 4.75 4.50 4.50 4.50 C hinese G o vernm ent— H u k u a n g R ys 5s £._ J& D 1 5 42 M 5s of 1896 £ re d 19 3 3 --A&Oi l 94 4 M s of ’98 £ re d ’4 4 --M & S l 92 4s (of 1895) 1931 J& J w f87 ic/86 C olom bia (R epublic of)— 6 % % gold n otes ’2 7 - -A&O 100 C u b an 5s 1944 o p t 19 1 1 --M&S 97 “ E x tl” g 4 M s ’49 opt_ -F & A 86 M “ E x tl” g 5s 1 9 4 9 --- F&A 94 “ E x te rn a l” s f 5M s J a n 15 1953______________J& J15 97 M C zechoslovak R epublic— E x t s f 8s ’22 d u e ’51 - - A&O 99 E x t s f 8s ’22 d u e ’52 A&O 99 D e n m ark ext g 8s ’4 5 -A & 0 1 5 110% E x t 6s J a n 1 1942-J & J 101 D om inican R ep 5s ’5 8 - -F& A 102 O u st A dm s f 5 Ms ’42-M &S 92 E x te rn a l 5M s 1953 M &N D u tc h E In d ies 6s 1947- J& J 100 E x t s f 6s 1962-_ __ -M&S 100 E x tl 5 Ms M a r 1 9 5 3 --M&S 97 E x tl 5M s N o v 1953--M & N 97 M F in lan d (R epublic of)— E x te rn a l i f 6s 1 9 4 5 --M & S 84 6 Ms M unic loan of ’24 -’54 A 86% 86% E x t’! s f 7s 1950- ___ M&S 94 F ran c e (R epublic of) 4s 1917-_ 24 M 5% N a tio n a l L oan n o t red before J a n 1931__ Q -F 16 ®$29% 5s prem ium 1920 36 6% N a tio n a l loan of 1920 t’$36 7s e x t of ’24-’49 te m p .J & D 87 7 Ms E x te rn a l 1941__ J& D 94 M 8% e x t g loan ’4 5 - -M & S 15 99 G erm an extl 7s 1 9 4 9--A & 015 94% G reek G o v t s f 7s 1964- _M&N 84% H a iti (R ep) 6% E x ’52 A .A & O 93 H u n g a ry (K ingdom of) — S f g 7 Ms 1944 in t rc ts .F & A 88% In d u s tria l B an k of J a p a n — 6% n o tes 1927- __F&A15 99% In d u s tria l M tg e B k of F inland 1st M coll 7s J u ly 1 1944__ 92 M Ita lia n G overnm ent— 5% I n t 1926-1941_____J& J w$40 5% T rea su ry n otes 1925__ / 41 Jap an ese G o v ern m en t— 4s £ ’54 o p t ’1 0 --J3 0 & D31 l 62 4 Ms £ J a n ’31 o p t a f t ’21 J& J c 81 S f 6M s 1954 te m p __ F&A 90 M O rie n ta l D evel C o, L td — E x t 6s 1953______M&S 84 M o rtg a g e B an k of D e n m ark E x tl s f 6s 1 9 7 0 --- - -M&S 98 M N ew fo u n d 6M s ’3 6 --J& D 3 0 106M N e th e rl’ds 6s ’72 ( fla t) - - M&S /103 6s 1972 series B -s i 03% E x t 6s 1954. ________ A&O 102% N o rw a y 8% e x t 1940 -.A & O 110% E x tl s f 6s 1943-- -F & A 15 99 E x t l s f 6s 1944 in t c tf F&A 99 6s E x t O ct 15 1952-A & 015 99% P a n a m a R ep) e x t5 M s’53 J& D 100% P e ru (R epub) 8s 1932-_ J& D 98 M P o la n d (R ep of) 6s 1940 A&O 68 M E x tl s f 8s 1950_______ J& J 95 Q ueensland (S tate of) A ustralia lia— E x t 7s O ct 1 1941____A&O 109 M E x t g 6s F eb 15 1947 F&A15 103 M R io G ran d e D o Sul (S tate) B razil ext s f 8s O ct 1946__ 96% R u ssian 6M s J u n e 18 ’19_ J& J 15 5M % E x t L n D ec ’21 - _J& D Salv ad o r (R epublic of)—1st 1 s f 8s 1948 ser A --J & J 103 M San P a u lo (B razil) S ta te o f — 8% e x te rn a l loan 1 9 3 6 .J& J 100 E x t’l 8s 1950 - - J& J 7s ’46 (per 1,000 m ilreis)__ /$100 Seine, D ep of (F ra n ce )— E x t g 7s 1942_________ J& J 86 Serbs C ro a ts & Slov (K ing of) E x t 8s 1962__________ M&N 86% Sw edish 6s 1939 __ J& D 15 101% 5M s e x te rn a l 1954 -.M & N 99 Sw itzerland— 5M s 1929- F&A 101 5M s E x te rn a l 1946 -.A & O 101M 5s E x tl A ug 1 1 9 2 6 - .-F& A 100% S F gold 8s 1940______J & J 113 / - 5s g E x t L ’n 1945 £ . .Q - J a n / 40 A ssen ting _____ __ / 35 5s In te rn a l 1894__________ 4s gold 1954 _ J& D / 21 A ssent 4s J u n e 24 coup on / 19 4s E x t 1910 J u ly 24 coup on / 24% T re a su ry n o tes 6s e x t 1933— J u ly 1924 coup on J & J / 36 / / ___ U ru g u a y 8s e x t 1946__ F&A 107% To A s*. N et. 44 96 84 — 90 89 100% 98 87% 95 M — 98 — 99 M 99 M 110% 101% 103 ... 93 100% 100% 97% — 97% 84% 87% 87 M 94 M 25 M $30% 37 $37 87% 95 M 99% 94 M 84 M 93 M — 88% — 99% — 102 M 84 M $71M 96 M 96 % 96 M 96 91M 94M 107 83 M 84 107 M 107 M 92 92 M 92 M 93 M 96 95 M / 82 82 M /104M 107M 51 M / 50M f 52 M 53 M 47 / 46 47 39% / 39 41% / 41 / 41 41 M l 57 l 97 Vs 106% 106M 115% 115% 106% 108 102 M 103 99 99 M 109 106 B ergen, N orw ay, 8s ’45-M & N 110M 2 5 -yr s f 6s te m p 1949. A&O 95% B erne (C ity) Sw itzerland— S f 8s 1945__________ M &N 108% B o rd eau x (C ity) 6s ’3 4 - -M & N 82 B uenos A ires, A rgentine R ep G u a r 5s of 1909-1946 £ J& J p /8 2 % E x te n 6 Ms 1955_______ J& J 96% C arlsb a d (C ity) s f 8s ’5 4 -J & J 97 M C h ristia n ia (N or) 8s 1945 A&O 110% 3 0 -y r s f 6s in t c tf ’54_ -M & S 97% C o p en h ag en 4s of 1901 M & N l 83 5M s M u n ic E x t ’4 4 --J & J 95 M D an ish C ons M u n icip al L oan 8% s f e x t ’46 ser A F&A 109 109 H a v an a — 1st 6s 1939 -- Q - J 98 . . -_ Q -J 2d 6 s_______ 90 82 L yons (C ity) 6s 1934 -M & N M arseilles (C ity) 6s ’34 M &N 82 M M edellin (M unic) (Colum bia) E x te rn a l 8s 1948 -A&O 98 M o n te v ’o (C ity) s f 7s ’5 2 .J& D 90 102M 83 M y $ 70 — B on d s. B id . P o rto A legre (C ity ), B razil— Sinking fu n d 8s 1961__ J& D P ra g u e (G reater) C ity — 7 Ms loan of 1925-52--M&N R io d e Ja n e iro 8s 1946--A&O E x t s f 8s 1947_______ A&O 7s 1960 (per 100 m ilreis)__ 5s s f loan of 1909-34-£J&D R o tte rd a m (C) e x t 6s ’64-M &N San J u a n (C ity of) P o rto R ico 5s re f & im p 1926-36__ J & J Sao P a u lo (C ity ), B razil— 6% e x te rn a l s f 194.3-_M&N E x te rn a l s f 8s 19 5 2 --M & N Soissons (C ity ), F ran ce— E x t g 6s N o v 14 ’36_-M & N T o k y o (C ity of) 5s of 1 9 1 2 R ed a n n s f beg ’17-52-M & S T ro n d h je m (C ity ), N o rw a y — S f e x t 6M s te m p 1 9 4 4 .-J & J Z urich (S w itzerland)— S f g 8s O ct 15 ’45 - -A & O 15 95 6s J u n e 30 19256s A pril 25 19266s J u ly 15 1926- --100% 99% 8.10 $125 37 — 19% 27 --38 M 112 96 M - - 109% 83 —84 M 96% __ 98 112 98 87 96 109% 109% 108 105 83% 82% --T 79% 96% 80% 97% - - - 83% 84% — 63 66 — 98% — 109 109% — 102% 100% 100% 102% 103% 102% 103% 100% 102% 102% 106 103% 108% 102 103% 102% 101% 100% 6s N o v 15 1 9 3 0 --n ta rio (P rov) 6s ’27 6s S ep t 15 1 9 4 3 --. 4s 1941________ M &N 4s M arch 1 1926_____M&S 3M s 1936_____________J& J O tta w a C ity 5s ’25-’4 5 __ J& J 6s M unic Im p ’25-’5 0 -.J & J 4M s ’25, ’34, ’35, ’4 4 * -J & J 3 Ms Sew Sep 26 ’2 8 . -M & S Q uebec (Prov) 5s 1926__ J& D 4 Ms s f 1950________ M&S2 Q uebec C ity 3 Ms g ’3 0 - -J& J 3 Ms J u ly 1 1933_______ J & J R egina 5s 1929___________J & J S t B oniface, M an , 5s ’3 1 .J& J 2 S askatchew an (P rovince)— 5s 1943 (n o n -ca ll)--J& D 1 5 S o u th V ancouver, B C 5s 1927-1946_______ J& D 30 T o ro n to 5s 1925-1936___ J& J 6s 1925-1929___________J& J 6s 1930-1940__________ J & J 6s 1940-1950__________ J& J 4 Ms J u ly 1 1925_______ J & J 4 Ms J a n 1 1949________ J & J 4 Ms J a n 1 1955_______ J & J 4s £ J u ly 1 1948_______ J & J 3M s J u ly 1 1944-45____J & J V ancouver, B C , 5M s ’39 A&O 5M s 1952_____________ F&A 4s S t Im p S e p t 9 ’27-M & S 9 4s S t Im p S e p t 9 ’3 2 .M & S 9 W innipeg, M an , 5s ’4 4 - -A&O 6s D ec 1930___________J& D 4M s non-call 1944____M & N 4s A ug 1 1946______ F&A15 104% 103% 101 102M 103% 106% 104% 109% 102% 104 ______ 104 --86 M __ 103 M 99% 101% 101% 100% 114 95% . . . 90 95% 93% 105 84 100% CA N A D A (N ew York Prices) D om inion of C an a d a — 5s re fd g O ct 15 ’4 3 -A & 0 15 5s refdg O ct 15 ’2 8 -A & 0 15 5s 1926_______________ A&O 5s 1931_______________ A&O 5s M a r 1937......... M&S 5s O ct 1931___________A&O 5s M a y 1952________ M&N 5s D ec 1925__________ J& D 5M % gold n o te s 1929-F& A 5 Ms V iet L oan D ec ’27 J& D 5M s V iet L n N o v ’33-M & N 5 Ms V iet L n N o v ’3 4 -M & N 5 Ms V iet L n D ec ’3 7 - -J& D 5M s renew N o v 1927-M & N 5 Ms renew N o v 1932.M & N A lb erta (P ro v of) 6s ’30-M & N 110 104M - - 96% 16 s 15 86% To A sk . INet- 89% 91 92 85 82 100 98% 93 — 4 Ms F e b 2 1928_____F&A 2 $40 M 42 --64 G a lt 4 Ms A pr 18 ’3 1 — > 81% 4 M s E lP o w J u n e 5 ’31 J& D 5 90% — H alifax N S 4s J u ly 1945 H a m ilto n — 4s A p r 1 ’3 2-A & 0 85 4s E lec L & P 1941__ A&O L achine 1* Q 5s 1954____J& D 98% 107 103% M an ito b a (P rovince of)—• s 104 6s gold F e b 2 1 9 30---F & A 2 102% 111 99% 4s d rain ag e J u ly 1 ’29. 99% M o n tre a l 5s D ec 1 1945 99% 5s s f N o v 1 1956____M &N 101 98% 69 4 Ms M a y 195495 M F O R E IG N C IT IE S , & c. F O R E IG N G O V T S . A rg en tin e R ep u b —-7s ’27 F&A In te rn a l 5s o f ’09-’4 5 - -M & S 4s £ lo a n o f 1897______A&O E x t 6s o f ’23 1957 A --M & S 1st g 6s 1958 Ser B ___ J& D A u stria n G o v t s f 7d ’43_ J& D B elg G o v t 7M s y ly to ’45 J& D E x t l s f 6s 1955________ J& J 8% E x tl s f bds 1941--F& A E x tl 6M s in t rets ’49 --M & S B o liv ia (R ep )E x t 8s ’4 7 -M & N B razil 8% e x t 1941_____J& D 7s C e n t R y elec 1 9 5 2 --J& D S * 7 % s (co ff.sec.’22) 1952 5s o f 1895_______________ 5s o f 1913_______________ 4 Ms o f 1883_____________ 4 M s o f 1888_____________ 4s o f 1900_______________ 4s o f 1910_______________ 1 4s o f 1898 B ritish —-Cons 2 M s op ’23 Q -J 4 Ms W ar L o an ’25-’45 J& D 5M s f F e b 1 1937_____F&A 5 Ms g co n v A ug 1 9 2 9 --A&A C h ili (R epublic) 8s 1941-F& A E x t 8s O ct 1 1926____ A&O E x t s f 7s 1942_______ M & N S f 8s N o v 1 1946_____M & N Bid. 49 b b b b 4.90 65% % to 5% % 6 4% to 4.95 % 6 4% to 4.70 % 5 5.05 4 4% 4 Vs 4.95 4.85 5.05 5.05 4.80 5 4.90 4.95 4.85 4.85 6 3.75 to 3,90 -4M s J u n e 30 1943- — i . i B asis, c B asis $5 to th e £ . / F l a t p rice. I In L ondon, r C an a d ia n price, n N om inal, p P e r £20. m D ollars p e r ru b les, fla t, s Sale 3r 1,000 guilders, u D o llars p er 1,000 lire, v D o llars p e r 1,000 fran c s, to D ollars p e r 500 fran c s, y P e r £00. ♦ T ax-free in C onn. z P e r£ 3 0 4 4.30 4.30 4.95 4.50 5.40 5.40 5.50 5.15 5.15 5 10 5 10 4.85 4.90 5.20 4.95 5 4.95 4.90 4.95 5.25 4.90 4.90 4 4.85 4.85 4 4.50 4.95 4.85 4.85 4.80 4.80 4.80 4 4 6.00 4.10 4.10 4.80 4.90 4.60 4.95 4 4 4.80 4.80 4 4.80 4% to 4.90 % 4% to 5% CA 4% to 4.85 % 4.15 to 4.65 % 4 96 97% 4.80 4.80 5.60 5.70 G E O R G IA 98 M 90% 5 STATE AND MUNICIPAL BONDS 50 B o n d s. Bid. A sk. To N et. B on d s. Bid. A sk . To N et. A tla n ta — 4M s J a n 1 1 940-J& J 4.15 D es M oines— 4M s Sewer 1926 1 9 4 0 --J & J b 3.75 to 4.15 % 5s M u n icip 1925-1957--J& J b 4.15 to 4% 4.05 3M s J u ly 1 ’31 & '3 3 - -J & J 4M s 1925-1931_______ M&N 6 4.05 to 4% A u g u sta— 4M s W W 1932-42___ J& D 4.15 4.20 4M s F lood P r o t '4 2 -.M & N 4 4s C ity H all 1 9 2 5 -2 6 ---J & J 4.10 4s re fu n d in g 1934------J & J 4.15 6s G en Oblig 1931-40—J & J 4.10 D es M In d S D 4M s ’3 2 -- J & J 3 Ms A pril 1930______A&O 4.15 4.20 B ib b Co 4 M s 1948-49—M&N 4.15 4 Ms 1944_________________ 4.30 D u b u q u e Co 4M s '2 5 -'3 1 -J& J C lark e C o 5s 1926-41___ J& J 4.15 4.30 F o rt D odge 5s F u n d ’3 9 —A&O C o lu m b u s— 5s 1925-44 J& J 4.15 4.25 F t M ad iso n 5s 1 9 2 5 -2 6 ---J& J b 4.20 to 4% 4 M s R efu n d in g 1 9 3 9 -.J& J D o u g h e rty Co— F re m o n t Co 5s 192 5 -3 5 --J& J b 4.15 to 4% 4.40 G reene Co 5s 1925______ A&O 5s School 1926-1948--M&S 4 Jac k so n Co 5s 1925-30--A&O b 4.15 to 4% M aco n — 4M s O ct 1926— Q -J 4.15 M arsh a llto w n In d S D —4 M s W W 1925-36___ J& J 4.15 5s C ity H all 1925-39--M & N b 4.20 to 4% 4s P a v & Sew ’25 to '3 9 -J& J 4.50 M arsh a llto w n — P u la sk i Co 5s 1932-48------J& J 4 4 4 Ms W a te r 1925 & ’2 6 -A&O R om e 4M s 1926-------------J& J 4.20 4s M u n ic bldg 1926-39-A&O 4.20 4M s W a te r 1929-42__ A&O 4.20 4M s W a te r 1943&’4 4 --A & 0 4.20 S a v a n n ah — 4 Ms re f 1943-J& J 4.20 O ttu m w a 4 Ms J u n e 1936_____ 4 Ms D rain ag e 1944— F&A 4.15 4.20 P o lk Co 4 Ms 25- 3 2 -.A & 0 1 5 6 4.10 to 4% 4 M>s R efu n d in g 1 9 5 9 --F& A 4.35 S palding Co— 5s 1925-30-J& D 5s F u n d in g 1925-35____J& J b 4.15 to 4% 5 Sw ainsboro 6s 1925-50--A&O Sioux C ity —■ 4.30 4.40 V ald o sta 5s 1926-42---------J a n 6s P a rk A u g l5 35-’45F & A l5 4.35 6s R ef A ug 15 1940--F& A 15 4.40 W are C o 5s Sch 1 9 2 6 -3 1 .-J& J 4.45 5s R o ad 1932-1949___ J& J 5s F ire F u n d 1925-33--J & J b 4.15 to 4% 5 W atk in s S D 6s 1931-50-M & N 5s Police F u n d ’25-’33-M & N b 4.15 to 4% 5 Sioux C ity S D 5s 1941__ J & J 4.15 W o o d b u ry 6s 1927-49— J& D W aterlo o — ID A H O 4.15 4M s W W J a n 15 ’3 0 - .- J & J 4.30 W o o d b u ry Co 5s ’26-’3 2 —J & J b 4.10 to 4% 5 H s Im p t 1941________ A&O 4.30 5s H ighw ay 1941________ J& J 4.30 K A N SA S. 4 M s C ak B ldg 1 9 3 0 -3 9 --.J & J 4.30 4M s 1925-1933-........... 4.05 4M s M a y 1 1932 o p t 1921-J& J J& J 4.30 4 Ms Soldiers C om pen ’34-’52 4 4 Ms H ighw ay ’35 o p t ’25 J& J 4.30 A tchison Co— 4 M s H ighw '37 op '2 7 ------J& J 4.30 4.10 4s R efund '29 op '1 4 - - -J & J 4s J a n 1 1934 op 1924------ J & J 4 E m p o ria — 4s R ef 1927-1928-.............A&O 4.05 4.15 4M s D ec ’29 op '1 9 __ F&A 4s R ef 1929-1945_______ A&O 4.50 4 m E m p o ria SD 4 M s’32op’22 J & J B lain e C o 5s Feb ’26-’31_J& J B o iseC ’y S D 5 s ’2 5 o p ’15M & N 4.50 F t S co tt 4 Ms ’35 op ’1 0 --M&S 4.75 G alen a— 6s J u ly 1 1940________ J& J 5s W W 1925-1943___ J& D b 4.30 to 4% 4.20 H u tc h in so n — 5s 1931___ A&O IL L IN O IS 4.20 4 M s S erv C om p 1925-43.F& A b 4.05 to 4% 4 Ms P u b B ldg ’61 op ’31 J & J K an sas C ity — 4 Ms A ug 1 1930-38..........F&A b 4.05 to 4% 4.15 5s F e b 1 1 9 4 2 -- -.......... .F & A 4s M ay 1 1926-1935___ M&N b 4.05 to 4% 4.15 4s H ighw ay 1929-1940--M ay b 4.05 to 4% 4M s W a t & L ig h t 1944-J& J 4 4.05 4s H ighw ay 1926-1928--M ay 4M s Sch B ldg 1929___ J & J 4.15 4.05 4 Ms W a t P la n t P u r '39 J& J 4s H ighw ay 1941-1943--M ay 4.05 4 Ms Refg F e b 1 ’2 9 - - -F& A C h am p aig n C o u n ty — 4.15 5s R o ad 1925-1943--M&N b 4.05 to 4% 4M s Im p J u ly 18 ’4 9 - .J & J 4 B o ard o f E d u c a tio n —• C hicago 4s 1926 to 1 9 2 7 --J & J 4 Ms 1926-1953_____F&A b 4.15 to 4% 4s 1928 to 1935_______ J& J b 4.05 to 4% 4 4 Ms 1926-1953______ J & J b 4.15 to 4% 4s J a n 1930 & 1931___ J & J 4.05 Sch D ist 4 Ms 1929-54--J& J b 4.15 to 4% 4s J a n 1937-1939_____ J & J Sedgw ick C o u n ty — 4s J a n 1926-1941------- J & J b 4.05 to 4% 5 5s F u n d 1925 op 1 9 1 5 --J & J N o W P k 4M s 1 9 25-27-J& J - • ------ 4 4.50 4 4 Ms B rge O ct ’27op’17-J& J N o W P k 4 M s 1 9 2 5 -2 8 .J & J 4 T o p ek a—■ W C hic P k 4s 1 9 2 5 -2 7 .J& J 4 4 5s T o p W a t S ept ’2 6 __ J& J W C hic P k 5s 1925-27- - J & J 4 M s 1925-1933_______ F&A b 4.20 to 4.10 % C hicago S a n ita ry D istric t—4.10 4 4 Ms E lec L ig h t 1929__ J & J 4 M s J u ly 1 1 9 2 5 -2 6 ---J& J 5 4 W ich ita 5s 1929 op 1919--J & J 4s S e p t 1925-1931___ M & S W y a n d o tte C o u n ty —■ 4s 1925-1942_________ J& J b 4.05 to 4% 4.15 4 Ms B ridge ’32 to ’4 1 - -F& A 4 4M s 1926-1940______A&O b 4.05 to 4% KENTUCKY. 4 Ms F o r P res ’25-’43-J & J l5 b 4.10 to 4% A sh lan d — 4 4s Ser K 1925-1931- - - J & D 5s Sew im p t '32 & ’3 7 - -M&S 6 4.60 to 4.50 4s Ser M 1925-1933-- -J& D b 4.05 to 4% 4M s S I ’42, ’47, ’52__ M&S b 4.60 to 4.50 4s F o re st P res ’26-’34 -A & 0 b 4.05 to 4% B ell C o u n ty — E a s t S t Louis— 4.23 6s C t H D ec 15 ’3 8 - - J 4 Ms re f S ep t 1 '2 8 — C o v in g to n— E lg in S a n ita ry D ist— 4.40 b 4.35 to 4.20 % 6s W W J a n l5 ’26-’36 J& J15 5s 1925-1944-----------4.40 4 6s W W J a n 15 ’26-’31 J& J15 J o lie t— 5s 1925-----------4.40 b 4.25 to 4% 6s W W J a n 15 ’32-’61 J& J15 4.40 4 Ms F u n d in g 1925-48-F& A 4.40 b 4.15 to 4% 4M s W W 1925-1951--J& J 4.40 4s W a te r 1927________ J & J 4.40 4s F u n d g 1952 op ’4 2 - -F& A IN D IA N A (.see footnote o) 4.50 F ra n k fo rt 4 Ms ’27 o p t ’1 7 -J& J C ass C o u n ty — 4 H a rla n C o u n ty — 4.70 4 5s R d & B ldg 1926____M&S 4.30 L ex in g to n 4s 1945--------- F&A 4 4.40 4 L ex in g to n S D 5s 1938__ J& D ©Floyd Co 4s 19 2 6 -3 0 ---J& . Louisville—■ 4 o F o rt W ay n e Sch D 5s 1933-. 4 5s School 1962________ A&O 114 o F ran k lin Co 4s ’25-’3 0 —J& F 4 4 Ms H o sp ital 1951____M&S 106 M o G a ry Sch C ity 4 Ms O ct 1943. 4M s School Im p t 1954-A & 0 104 © H endricks C o u n ty — 4 98 4s M u n ic lm p D e c l ’28 Q-M 98 M 4s C H J a n 15 '2 6 - 3 2 - J & J lf 98 4s P a rk 1930_________ J & J In d ian ap o lis— 4 98 4s R efdg J u ly 1 1937__ J & J 4 99 4s Sewer 1947________ F&A 4 4s L o uisv W Co 1 9 4 6 --J& J 98 M 97 M 4 4s L ouisv W Co 1950--F & A 97 M 98 M 92 93 3 Ms gold refg 1 9 4 0 --M &N b 4% to 3.50 % 4 3M s R efu n d in g 1 9 4 3 --J & J 93 M 92 M 84 4 3s Sewer & P a rk 1941—J & J o3M s C ity H all 1939_ 4 M cC racken C o u n ty — [n d ian ap S D 4s 1925-26 5 4 5s R ef 1933 o p t 19 1 3 --M&S o4s B ldg S ep t 1 1 9 4 6 5 4 5s R ef 1933 o p t 19 2 3 --M&S 4.40 4 O w ensboro— 4s ’31 op ’l l J & J 4.40 4 4s S tre e t 1930 op 1915--J & J Jeffersonville 3 Mis 4 4 L O U IS IA N A . 4.50 4 5s P o r t C o m m ’n ’26-’5 4-A & 0 4.50 4 5s P o rt C om m ’n ’25-’59—J& J o4M s Sch H ’25-’37-J 4-50 5s P o rt C om m ’n ’25-’5 5 --J& D 3.90 M ario n C o— 4s R ef '27. 4.20 3.75 4M s R ef 1925-1964_____F&A o3 Ms R efu n d 1925— 4.50 4 4M s P o rt C om m ’n ’26-’57M&S oR ichm ond— 4s 1927— 4.75 A lexandria 5s 1925-52— F&A oSt Jo sep h C o u n ty — 3.75 A tch afalaya L evee D is t— 5s Sept 1932-1972--M & S15 3.75 5s D ist re f & im p ’4 9 --M & S 102 b 4.25 4 .1 0 % Bossier D is tric t Levee— b 4.25 4 .1 0 % o4M s W W D ec ’43b 4.25 4 .1 5 % 5s 1954_______________ A&O C addo D is tric t Levee— b 4.25 4 .1 5 % 5s 1951 o p f 1941______ J & J 102 S o u th B end School D istric t— 3.75 C addo P a ris h S D N o 1—• 4.55 5s School 1929-1943— J & J 3.75 4 F ifth D is tric t Levee— 4 99 M 5s 1950 o p t 1940______ J& J 5s 1952 o p t 1942______ J & J 99 M 3.75 5s O ct 15 1962 op ’5 2 --A&O 99 M 5s O ct 15 1963______ A & 015 99 M IN D IA N T E R R IT O R Y (See O klah oma) 5s 1957-1967_______ A & 015 99 M 99 M 5s 1959-1969_______ F&A15 IO W A _____ 4 L afo u rch e B asin Levee— 4 5s J a n 1954 o p t 19 4 4 -— J & J 103 _____ 4.05 L ak e B orgne D ist Levee— _____ 5s D ec 1952 o p t 1942--J& D 102 4.20 4.10 C ouncil B luffs- 4.10 -- 4 4.30 .- 4 -- — 3M [V ol. 120, To N et. B o n d s. N ew O rleans 5s P rem iu m J& J 5s P rem iu m (dr n u m )._ J & J 5s 1925-1929_________ A&O 5s O ct 1927- 932_____A&O 5s P u b B elt R R ’39-’4 9 -J & J 5s P u b B elt 1950-59__ J& D 4M s P a v in g 1926-33__ J & J 4 Ms 956-1966________ J & J 4s Floatirtg d e b t 1948-A & 0 4s C o n stitu tio n a l 1942-J & J 4s P ublic Im p t 1950 o p t 1942 (old issu e )_____J & J 4s P u b Im p t '42 o p t '28. J & J O rleans D istric t— 5s J u ly 1930-1939..........J & J 5s Ju ly 1940-1949_____J& J 5s Ju ly 1950-1959_____J & J P laq u em in e P a rish E B an k — 5s O ct 1952 o p t 1 9 4 2 -.A & 0 P o n tc h a rtra in D istric t— D 6s 1944__________ M & N 5s J u ly 1968............. J& J R ed R iver A & B B D is tric t— 5s 1950 Series B __ ___ A&O 5s M a r 1953 o p t 1943-M&S 5s 1965 Series D ______F&A S hreveport—5s 1929-1931--...............F & A 5s 1932-1936.................... F&A 5s 1937-1961....................F&A 4 M s W W & Sew’25-’5 4 -J& J T ensas B asin Levee D istric t— 5s J a n 1957____________J& J 101 101 88 97 97 M 94 M 94M 103 10< 103 M 110 101 102 102 101 4.50 4.50 4.50 4.45 100 M A IN E 5M s B onus F u n d ’25-’30-J& D 4.25 to 4 % 5s H w ay & B dge '2 6 -’5 4-A & 0 4.25 to 4.10 4s Sept 1 1925-1953____M & S 4.05 to 3.95 4s H ighw ay 1926-1936__ M&S 4.05 to 3.95 4s A pril 1928-31 ta x -e x —A&O 4.05 to 3.95 4s S ta te P ie r 1933-1942--M&S 4.05 to 3.95 99 A u b u rn — 3M s 1925______ J& J 4 .2 5 4s 1935 & 1940 ta x -e x .- J & J B angor— 4s R ef W a t ’35 (taxable). J& J 4 .4 0 4s F u n d 1925-30 ta x -e x -J& J 98 B a th 4s R e f 1941 ta x -e x -J& D 96 97 B iddeford 4s 1926-35- —M&N G ard in er W a te r D is tric t— 4s 1934 (taxable)_______ J & J 96 K ennebec W ater D is tric t—99 3 Ms gold 1925_______ M&N K itte ry W a te r D is tric t— 5s J a n 1926 to 1938___ J & J b 4.40 4 .2 5 % Lew iston 4s g O ct 1927--A & O 98 P o rtla n d — • 4s A ug 1 1929 ta x -e x -.F & A 98 M 99 M 4s C H ’26-’45 tax-ex.A & O 98 M 99 M 4s H igh Sch 1936 tax-exem 98 M 99 M P o rtla n d B ridge D ist (taxable) 3 Ms J u ly 1925 to 1939-M & S b 4M 4.15% P o rtla n d W ater D is tric t— 99 4s F u n d in g 1928______ J& D 99 M 97 Saco 4s A pril 1939______ A&O 97 W ashington Co 4s 1 9 2 8 --J & J 97 W aterville—-4s g Ju ly 1 1927 4 .5 0 3M s S ept 1935_______ M & S M A R Y LA N D 4M s A ug 15 1925-33—F&A15 4s 1926 to 1928___________ 4s 1928 o p t 1923________ J & J 4s J a n 1 1929____________J & J 3 Ms 1925-1928__________F& A 4s R oads 1926-1930_____ F&A 4M s R oads 1925 to 1928_____ A nnapolis 4 Ms W W ’4 2 -A&O B altim ore—5s 1926-1946__________M&S b b b b b b b b 4.10 4.10 4.10 4.10 4.10 4.10 4.10 4.30 4.15 b 4.15 b 4.15 4 Ms M a r 1 1955_____M&S b 4.15 4s W a te r 192 >_______ M & N b 4% 4s A ug 1 1951_________ F&A 99 4s A nnex 1954_________ J& D 99 4s P a rk s 1955_________M&N 99 4s M a r 1 1 9 6 1 _________ M&S 99 4s A ug 1 1961_________F&A 99 3M s Ju ly 1 1930_______ J & J b 4% 3 Ms Im p t 1940_______ J& J,5 4% 3 Ms M a r 1945_______ M&S b 4% 3M s R efunding 1952— J & J b 4% 3 Ms Sewage Im p t ’8 0 -A & O 8 5 M 3 Ms J a n 1 1927_______ J & J 92 C u m b e r’d 4M s W W ’4 1 -A & 0 H agerstow n—• 5s W ater 1938-1987----A&O 4M s 1936-1986------------A&O W ashington Sub San D ist— 4.50 4M s Sewer g 1973------- J & J 5s 1969____________________ 4.60 M ASSA CH USETTS 4s 1925-52 (tax-exem pt) _ .V a r 3 Ms gold J u ly 1 1935____J & J 3 Ms 1956 re f (tax-exem )_J& J 3 Ms 1937 reg (tax-exem )_J& J 3 Ms W a te r 1942________ J & J 3 Ms gold J u ly 1944_____M&S 3s A pril 1 1929_________ A&O 3s gold M a y 1929______ M&N 3s M e t Sew erage 1936__ M&S 3s gold J u ly 1 1939______ J & J 3s gold W a te r J a n 1 1941-J & J A ttleb o ro u g h — 3M s M arch 1935_____M&S B everley 4s 1925-1936__ A&O B oston—4 Ms T u n 1960 tax-ex-A & O 4s J u ly 1936---------------- J& J 4s A pr ’26-’37 (tax-ex) _A&O 4s 1925-1939 (tax-ex) —J & J 4s T u n n e l & Sub 1948-J& D 4s Sub 1957 ta x -e x ____A&O 4s Sub 1958 ta x -e x ____J & J 4s T u b & S u b ’59 tax-ex_ J& J 3 Ms J u n e 1 1932___ J& D 3M s J u n e 1 1934___ J& D 3 Ms J u ly 1 1935____ J&J 3M s J u n e 1 1943___ J& D 3M s J u n e 1 1944------J& D 3 Ms J u ly 1 1945-------J&J B rockton 4s M a y 1927—M&N 3 Ms W a te r 1932------- M&N to to to to to to to to 4% 4% 4% 4% 4% 4% 4% 4.10 to to to to to 4.05 4.05 4.05 4.05 3.90 99 M 99 M 99 M 99 M 99 M to 3.90 to 3.90 to 3.90 to 3.90 4.15 4.25 4.25 to 4M to 4.50 101 % 95 M 94 ys 96 M 93 M 92 M 95 M 95 M 90 M 88 H 87M 93 % 98M 105 97 % 99 M 99 K 97 100M 100 H 100 % 95 94 93 M 91 90 M 90 H 99 M 95 b Basis. /Flat price, n Nominal, cTax-exempt; under a law approved March 9 1903 and which went into effect April 23 1903, bonds issued after ■that date by State or municipal corporations are tax-exempt, and these sell on a better basis, s Sale price. STATE AND MUNICIPAL BONDS A pril, 1925.] Bonds Bid. A sk . To N et. C am bridge M IC H IG A N ) F all R iv er— F itch b u rg — G a rd n e r— 4s W a te r 1925-1934G lo u cester— 3 Ms W a te r ’25 to ’3 1. H olyoke— 4s gold 19274s J u ly 1 4s Sewer 1925-41 ) 1 99 M 96 M I 98 M 1 98 M ) 97 Vs ) 99 M J 99 M 1 97 % 5 99 M J 99M J 99 M 1 95 J 99 M V 98 A t 101A i 97 M ) 99 M 1 100M N e w b u ry p o rt— N o rth a m p to n — 3M s g 1925 to P ittsfield — 1 i ) 96 A 97 M 98 M 1 99 - 100M T a x e x e m p t- 96 M 100M 93 % 93 M 99 M 96 M 98 M 98 A 97 M T > > ) ) 1 J M E X IC O See Foreign G o v ts, p ag e 49. M IC H IG A N (See fo o tn o te o0 ) 4.20 4.20 4.20 4.10 4.05 4.05 4.05 5 ) - _ 1 -______ A nn A rbor School D istric t— 4s S e p t 1935_________ A&< i ______ B a ttle C reek — b 4.15 f 5 b 4.50 B ay C ity U nion S D — o6s 1926, 1931, 19361 b 4.40 B essem er 5M s 1925-49i. b 4.65 D e tro it— 5s P u b Im p t 1926-295s P u b Im p t 1930-51- ■oEscanaba 4 A s 1925-304M s o5s (M a r 15 & A pr 1) ’31F lin t U nion School D ist— to 4% to 4% to 5% 4.15 4 r ____ 4.20 % r b 4.50 \ 4.35 1b 4.20 to 4% r 4.35 b 4.35 to 4% __ 4 r 4.20 4.20 4.15 4.15 4.15 5 ______ 4 4.10 4.10 > 6 4.25 to 4% l b 4.20 to 4% 4.20 5 b 4.20 to 4% b 4.20 to 4% 3 ______ 4.20 ______ ............ 1 ______ l ______ ______ I ______ 5 ______ Sewer K alam azo o S D N o 1— o5s School ’25-’30--lV L an sin g — ............ \ ______ 5 6 4.15 5 Ms Sew er 1925-1942- Bid. B o n d s. to 4% 4.15 4.15 4 4 4.15 4.20 4.10 4.20 A sk . 5s D ec 1 1939 % to 4.05 % to 4% 4 .30% 4 .2 5 % 4.75 to 4.90 % 4.80 to 5% 4.80 5 5 5.25 4.90 4 4.20 4.20 4.25 4 4.20 to 4% 5s M a y 2 1944 5s J u ly 1 1953. 4M s Sept 1934 5s St Im p t 1925-32 4.60 4.50 5s J a n 1 1926-1949 4 Ms J a n 1 1933 4 Ms 1925-1953 4.10 98 96 98 98 97 Vs 98 98 M 108 102 J& J -J & J -_ .F & A 4.90 4.90 4.90 B elleville 5s 1934 & '44 M & N 4 Ms F u nding 1945 4.60 Belleville S D 5s ’27-’44 M & N 4.60 5 Ms D ec 1 1935-1942. .J& D 5 5s D ec 1944- . J& D 4.85 5s D ec 15 1925-1955 J& D 15 4.80 4M s 1926-1939 A&O 4.80 4 ’M s A ug 1925-1938 F&A M&N J& J M&S F&A M&N .T&.T 4.35 4.20 4.15 4.15 4 4.10 4.20 4.40 4M 4 Ms R o ad & bdge 1938 J & J 4 M s 1940_______________J& J J& D To N et. to 4% to 4% 4.15 4.15 102 M 4.15 5 Ms Im p t 1926-1930 M&S 4M s 1955-------------- -------- J& J 102 5M s Im p t 1931-1946 ---M & S b 4.25 to 4.40 % 102 M 4.30 5M s A pril 1929-1934 A&O 4.25 4M s 1 9 3 0-1 9 5 0 -.4.15 4 M s 1925-1934 J& J 4.15 6s 1927_______ - - - A&O 4 Ms J u ly 1 1925-1935 J& J 4.20 4M s 1925-1937 . J& J 4 Ms J u lv 1 1936 J& J 4.05 4M s 1938-1958_____ J& J 3 Ms R efu n d J a n 1 1927 J&.T 4.15 3 Ms S ta te 1934 o p t 1914 .T&.T 4.75 Biloxi 5 Ms 1926-1948 * A&O 4.40 4.65 4.50 b 4% 3 .95% 4.60 4.60 4.70 Jo n es Co 5s 1925-42 M&N 4s Sept 1 1930 4% to 4% to 4% 4.15 4 Ms R d& B dge ’38-’44 M&N b 4.25 to 4.95 % 4 Ms R d& B dge ’33-’37 M&N b 4.25 to 4.05 % N EW H A M P S H IR E 4 Ms R d& B dge ’25-’43 J& D b 4.25 to 4.05 % St Louis Co 5s 1Q25-9Q .T&.T 4.25 4.30 3 Ms H o sp ital 1925___ .J & J B erlin— 4s R ef 1925____M & N C oncord— 6s School J u ly 1 1951 J & J b 4.40 to 4.15 % 5s Refg J u ly 2 ’25-’31 J& J b 4.25 to 4.10 % 3M s 1925 to 1929 - - J & J D over 3 Ms 1928-1931__ J& D 4 Ms W W 1925-42 A&O b 4.20 % b 4.25 to 4.10 % 4 Ms J u ly 1935 ” j & j b 4.20 to 4.05 % b 4.20 to 4.05 % b 4.20 to 4 .OS % b 4.20 to 4.05 % % 4 Ms R efg J u lv 2 ’25-’31 .T&J b 4.20 Pem broke^ 4s ’26-’34-_ F&A P o rtsm o u th — 4M s N ov 1 1931__________ b 4.20 to 4.05 % 4s R ef M a r 1 1939 M&S b 4.15 to 4% S tra tfo rd 5s M a y 1933-1954-b 4.15 to 4% 4s M arch 1 1940______M&S b 4.15 to 4% 4.60 N EW JE R S E Y S o u th S t P a u l 5 Ms re f ’3 3 -J & J 4.05 5s 1925-1954 4.05 4 4 ns 4s 1952 optio n al 1Q29 4.05 4 M IS S O U R I 4.10 4.15 4.10 4.10 4s R o ad 1933-34 Ser D K a n sa s C ity — 4 4 M's Sept, 1 1930 to 4% 4 Ms M a r I 1933 5 b 4.15 to 4% b 4.15 ............ > r ______ [ ______ I b 4.20 ! ............ r ______ r ______ ______ b 4.40 i ______ 6 4.30 »______ r ............ ______ b 4.20 . b 4.20 J ... M IS S IS S IP P I b 4.35 to 4.25 % 1 b 4.30 to 4% G ra n d R ap id s- K alam azoo-r-04 Ms 4.15 to 4% (Concluded)— A sk. 51 S t Louis (Xoncluded)— 4s P ublic B ldg 1929 -A&O b 4.20 b 4.20 4 Ms bldg& bdge ’25-’39M & N b 4.10 to 4% 4s School 1 9 3 7 ... .J& J 6 4.15 4.20 4s School 1938 J& J b 4.15 W y an d o tte 4M s 1934__ J& D b 4.25 S pringfield 5s ’32 op '1 7 -J& D M IN N E SO T A M O N TA N A 4.10 4 Ms J u ly 15 1943_____J& J15 5 Ms E d u c a tio n a l 1941__ J& J b 4.45 4M s D ec 1 1 9 3 9 --- ---J & D 100 M 101M b 4.35 5.50 5 Ms D itc h 1925-34 J&D 5.25 B u tte 5s 1926-1936 J& J b 5% 4.75 6s 1941. ___ __ . J& J 4.20 D aniels Co 6s 1933-1942 b 5.25 4.20 4M s g J u ly 1 1926 J& J 4.20 4.20 5.25 4.20 5 Ms 1936. 1938 1940 A&O 4.20 4 Ms F eb i '40 op '30 F&A 4.20 4s 1934 o p t 1924^ ~ A&O 5s R ef D ec ’35 op '3 3 . -J& J b 4 50 to 4.40 % NEBRA SK A 5 Ms B ridge 1926-40- M&N b 4.45 to 4.30 % b 4.45 to 4 30 % b 4 30 to 4 20 % 66M % to 6% 5M s D itc h 1926-1935 J& J 66M % to 6% G ra n d Isl 4 Ms ’25 op '1 0 . J& J 5s 1925-1928 .-J & D 6 4.30 to 4.10 % 5s 1929-1932 _-J& D b 4.35 to 4.15 % 5s 1935, ’36, ’40, ’43, ’45, 4M s 1929-1953______M & N b 4.25 ’46, ’47, '48, '49. ’50-J& D 6 4.30 to 4.15 % b 4.30 to 4.15 % O m aha 5M s 1941______M&N 4M s 1 9 2 5 --- - _____J& D b 4% to 3% 5s 1930, ’35, ’40, ’45. ’5 0 --_ b 4.25 4M s 1926-1935 % 4 Ms M a r 1926-1937- M&S b 4.25 to 4.10 % b 4.25 to 4.10 % b 4.25 to 4% 4M s J u ly 1931____ - - J & J 4s M a y 1 1927 M&N b 4.25 to 4% 5s 1948-- - . - J& D b 4.20 to 4.05 % 5 Ms M a y 2 1951____M&N b 4.20 to 4.05 % 4s 1 944-A&O b 4.20 to 4.05 % 3 Ms School J a n 1 ’29 J & J b 4.20 to 4.05 % NEV A D A b 4.20 to 4.05 % 99 M 90 M 85 M 97 M 99 M 98 % 1 Bid. B on d s. To N et. 4.35 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 5 4.80 4.30 4.30 4.30 4.30 4.20 4.30 4.30 4.30 4.20 4.20 4.20 4.20 4.20 4.20 4.20 M&S 99 100 107 TVT&S 101.02 M&S 101-78 b 4.20 to 4.05 % M *S 98 M 5s J u ly 1941 4 Ms J u ly 1 1933 4M s J u ly I 1937 4 Ms J a n 1943 . 4s J u ly 1 1927 J& J J& J j& j J& J J& J 3 Ms J u lv “1925 .T&J 107M 101 101M 4.20 98 M 97 M 99 M 5 M s O ct 1925-1944.. A&O b 5.30 to 5.10 % 99 M 100 S t Jo sep h School D is tric t— 4 M s . 1925 1930 and 1935 4.15 S t Louis— to 4.15 % 4.40 4.15 4 1928-1943 J& J to 4% 4s In sa n e A sylum '2 8 -A & 0 to 4% 4s P u b lic Im p t 1928___ J & J b 4.50 to 4.20 % b 4.20 to 4% b 4.20 to 4% b 4.25 to 4% b 4.25 to 4% 5M s A ug 1 1925-1961 4M s School 1943 F&A A&O C am den Co 4 Ms 1933 4M s 1935-1957 4M s 1926-1964 4s 1944 C ape M ay — 5s 1 9 3 4 --4 Ms School 1926-1951 4M s 1926-1952 - - F&A J& J F&A J& J J& D M&S M&S 4s 1934 - - 4s W a te r 1933 -. A&O J& D 6 h b b 4.25 4.25 4.25 4.20 4.20 4.20 4.20 4.20 to 4.10 % to 4.10 to 4.10 % 4 .0 5 % 4.75 4 75 4.75 4 20 4 20 4 20 4 20 4.20 5 Ms D ec 1 1925-1Q46 .T&T) b 4.30 to 4% 6s J u n e 1 1927 J& D 4.10 4.75 h 4.20 4M s L ’d P u rc h ’26-’46 J& J b 4.20 to 4.05 % h 4.20 4M s R oad 1932-1936--F& A b 4.20 to 4.05 % 4s 1926F&A b 4.25 to 3 M % 4s H osp ital 1946 F&A b 4.15 6 4.20 to 4% E ssex F ells (Boro) 5s J u lv 28 1925-1960_________________ 4.85 Fairview — 5s 1944 __ 4.60 G arfield 5M s 1 9 2 9 --- --M & S 4.50 H ackensack— 4 Ms 1942 F&A 4.30 4 Ms Im p 1926-1942____J& J 4.30 6 Basis, f Flat price, n Nominal, oTax-exempt; under a lawapproved March 13 1909, and which went into effect Sept. 1 1909, bonds issued after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis. STATE AND MUNICIPAL BONDS 52 Bid. B o n d s. 3M s 1931 — ................. M & N 5s School 1926-1954.. 6s Sew er J u n e 1 1926. _J& D 6s P a v & Sew er 1 9 2 6 --F& A H udson Co— 4M s 1 9 4 8 .-A&O 4M s M a y 1 1950_____M&N 4s g P a rk 1959 & ’5 4 . -M &N 4s gold re fu n d in g 1935.F& A 6s K oad J u ly 15 1925-J& J15 Irv in g to n 5s School ’6 3 --J& D Jersey C ity — 6s 1926------J& D 5 Ms School 1942-1953-A&O 5 Ms D ec 1 1931-1933.-J& D 4 Ms School 1925-58— J& D 4 Ms R efu n d in g 1928__ J & J 4M s School 1945--------- J& J 4M s W a te r 1961--------- A&O 4M s P a rk M a r 1961__ M&S 4s W ater 1932-------------A&O 4s R efu n d in g 1949------F&A K ean sb u rg 5 M s-----------K e arn y 4 Ms 1936----------- F&A 4M s A pril 1962----------- A&O 4M s Sch Im p t ’25-’52_J& D Lodi— 5s 1926-1947______J& J Long B ran ch 5s 1943___ M&N 4s J u n e 1 1935_______ J& D L y n d h u rst 5s 1925-1957.-J& J 6s I m p t 1926_________ J& D M ercer Co— 4M s 1933— J & J 3s R o ad 1933_________J& D 3M s A pril 1941----------- A&O 6s R oad& B dge ’25-’34_F&A M iddlesex Co 4 Ms ’26-’3 4 .J& J 6s R o ad 1925-1931___ J& D 4 Ms F u n d Ju ly 1925-1939-4M s R o ad 1 9 27-44...F & A 2 4 Ms Im p t 1926-32___ A&O 3 Ms B ridge ’26 to ’3 1 . -J & J M o n m o u th Co 6s 1 9 2 6 --M & S 4M s 1926-1954___ M&S 15' M o n tclair 4M s Sch 1941 _A&O 4 Ms H igh Sch B ld g ’4 4 .J& D 3M s School 1932---------J& J M o rris Co— 4s ’35 o p t ’0 5 -J& J 4 Ms 1942 o p t 1922------J& J M orristow n 4M s ’25-’4 2 - - J& D N ew ark — 4M s 1944------- F&A 5 Ms O ct 15’25 to ’59 A & 015 5s 1925-1958--------------- J& J 4 Ms D ock 1959______F&A 4 M s A p r 15 ’25-’61.A & 015 4M s School D ec 1 ’4 5 --J& D 4s Sch H ouse 1959 o p t 1949 4s P a s Y al Sew’61op’51J& D 3M s 1929_____________J& D 3 Ms T rac k E lev 1954.F& A V ailsburg 4 Ms 1934— J& J N ew B runsw ick— 4M® A ug 1 1925-57— F&A N o rth B ergen 5s 1941— J& D 6s School 1925-29___ M & S 6s School 1930-58___ M & S N o rth P lainfield 5s 1925-1954 N u tle y 5s 1933_________ J& D O cean C ity — 5s 1944------F&A O range— 5s 1926 to 19 3 2 -J& J 5s W ater 1938________ F&A 4M s School 1943______J& D 4s School H ouse 1934. -J& D P assaic 4 Ms 1926-40------M&S 5 Ms G en Im p ’25-’2 8 .-J& D 5M s G en Im p ’29-’4 4 _ .J& D 5M s G en Im p ’45-’5 1 --J& D 5s Im p 1925-1948----- M&N 4 Ms R efu n d in g 1 9 4 4 .-M &N P a te rso n 6s 1925 & 1926.M & N 5M s 1927-1934---------- M &N 5 Ms 1935-1959--------- M & N 4 Ms 1933 to 1944------M & N 4 Ms F e b 1 1945---------F&A 4s N C H all 1925 to ’3 2 .J& J P e rth A m boy 4 Ms A p r 1944._ 4M s W a te r 1927-29.-M & S2 4M s W a te r 1930-34.-M & S2 4 Ms W a te r 19 3 5 -6 4 .-M & S2 4 Ms School 1938---------------4 Ms F u n d in g 1925-27-A&O P lainfield—4s 1925 to ’3 4 .J& D 4s School 1959_______ M &N 4 Ms 1925-1962 v a rio u s— R am sey 5s W ater 1925-1940R ed B an k (B orough)— 4M s 1926-1953----------M & N Ridgefield 5s J u ly ’25-’3 1 -J& J Ridgew ood 5s 1925-26— F&A R iverside 5s 1925-1933.-A&O Sea Isle C ity 5s 1943------F&A Sou O range— 4s ’25 to ’4 4 -J& J S u m m it 4 M S Sch 1941— F&A 4s 1933______________M & N T ren to n — „ 5 Ms O ct 1925-1951---- A&O 4M s W a te r 1943--------- A&O 4 Ms School 19 3 0 -6 0 .-M & S 4s C ity H all 1939------- J& D 3 Ms Sch N o v i 1 9 2 9 .-M & N U nion C o 4M s 1937------M &S 4 M s 1942____________ M &S 5 Ms J u n e 1 1926--------- J& D V ailsburg— See N ew ark . W eehaw ken 4M s ’25-’28 W estfield— w 5s J u n e 15 1925-60------ J& D W est N ew Y o rk 5s 1936- b 4.15 to 4% b 4.15 4.10% b 4.10 4 .05% b b b b 6 b b b b b b B o n d s. A sk . 4.30 4.30 4.30 4.30 4.30 4.30 4.25 4.25 4.25 4.25 4.25 4.25 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.85 4.50 4.50 4.50 4.50 4.50 4.50 4.60 4.75 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4'. 15 4.15 4.15 4.15 4.15 4.15 4.15 4.15 4.25 to 4.10 % 4.35 to 4.15 % 4.30 to 4.15 % 4.25 to 4.10 4.25 to 4.10 % 4.25 to 4.10 % 4.15 4% 4% 4.15 4% 4.25 4% 4.20 4.25 to 4.10 % b 4.30 to 4% — — b 4.25 to 4% b 4.15 to 4% 4.20 4.50 4.50 4.50 4.50 4.50 4.50 4.30 4.30 4.30 4.30 4.30 4.25 4.25 4.25 4.25 4.25 4 4.10 4.20 4.20 4.40 4.20 4.25 4.30 4.30 4.30 4.30 b 4.20 to 3.50 % 4.50 6 4.25 to 4% — — 4.50 4.50 4.50 4M 4.35 4.35 4.35 4 15 4.15 b 4.15 to 4.05 % 4.15 4.15 4.15 b 4.15 to 4% 4.15 4.15 4.50 4.50 4.40 4.50 N E W M E X IC O 4.25 4M s R ef 1953 o p t 19334.50 4M s D ec 16 1952 o p t ’22. 4.25 4s F u n d 1939 o p t 1919-b 4.25 to 4% 4s H ig h w ay 1925-1944-_ 4.25 A lb u q u erq u e 4 Ms 1929-4.65 5s W W D ec 1962----B ernalillo C o u n ty — 5 5s 1931 o p t 1921-------5 Socorro C o 5 ’41 op ’21- A&O NEW Y O RK . A sk . To N et' (See n ole bel ow.) 5s M a r 1 1926-1971_____ M&S b 3.95 to 4.05 % 5s J a n 1 1926-1971______ J& J 6 3.95 to 4.05 % 4 M s H ig hw ay 1963_____ M & S 111 113 4 M s C an al 1964______ J & J 111 113 4 M s C an a l 1965________ J& J 106 M 108 4M s H ig hw ay 1965____ M&S 106 M 108 4M s B arge C an a l 1945__ J & J 104 106 M . 4 M s B onus 1926-1929---A & 0 6 3.80 to 3.95 % 4M s B onus 1930-1939__ A&O b 3.80 to 3.95 % 4M s B onus 1940-1949__ A&O b 3.80 to 3.95 % 4s C a n a l T e rm 1942_____J & J 101 103 4s C an al T e rm J a n 19 4 6 -_J& J 101 103 4s g H ig h Im p M a r ’5 8 --M&S 102 H 103 M 4s g H ig h Im p S e p t ’5 8 - -M & S 102 M 103M 4s H ig h Im p M a r I960- -M&S 102 M 103 M 4s C an al Im p J u ly I9 6 0 --J & J 102 M 103 M 4s C an a l Im p J a n 1961__ J& J 102 M 103 M 4s C an al Im p J u ly 1961 __ J & J 102 M 103 M 4s H ighw Im p M a r ’6 1 --M&S 102 M 103 M 4s P alisade P a rk 1961__ M&S 102 H 103 M 4s C an al J a n 1962_______ J& J 103 M 103 M 4s H ighw Im p M a r ’62--M & S 102 M 103M 4s C an al Im p J a n 1967__ J& J 102M 103 M 4s H ighw Im p M a r ’6 7 . -M&S 102 M 103 M 4s P alisades P a rk 19 6 7 --M&S 102 M 103 M — 4s B ld g c o n str ’25-’2 6 _M &S b 3.85 4s B ld g c o n str ’27-’3 0 _M &S b 3.85 4s B ld g c o n str ’31-’3 4 _M &S b 3.80 to 3’.95 % " 4s B ld g c o n str ’35-’4 9 _M &S b 3.80 to 3.95 % 97 3s g J a n 1 1956_________ J& J 93 97 93 3s g J u ly 1 1958_________ J& J 97 3s g C an al J a n 1 1959___ J& J 93 A lb an y — 4M s ’25-’2 8 __ J& D b 3.75 to 3.90 % 4 Ms W a te r 1925-34--M & N b 3.75 to 3.90 % 3.95 4 Ms O ct 1963________ A&O 4 Ms W a te r 1932_____M&N 3.90 4 Ms 1925-1954_______ J& D b 3.75 to 3.90 % 4s M u n ic & Sch ’26-’6 3 -J& J b 3.75 to 3.90 % 4s P a rk 1925 to ’3 0 --.M & N b 3.75 to 3.90 % 3 M s P u b Im p ’26-’3 4 --F & A b 3.75 to 3.90 % A lb an y Co— 3 Ms 1 9 2 5 .-F& A 3.50 4M s 1936-1937-1938--M &N 3.90 A llegany Co 4M s’32-’36_M&S 4.05 A m h erst— 4 Ms 1927-30-M&S b 3.90 to 4% 4M s 1931-1937_______ M&S b 4.05 to 4.10 % 4 M s 1938-1955_______ M&S 4M A m sterd am 5s W a t 1925-’37__ b 4,10 to 3.90 % 4 A u b u rn 4 Ms D ec6’25-’31 J& D 4s W a te r M a y 1925__ M&N 3 50 4M s 1925-1934___________ b 4 05 to 3.90 % B in g h am to n 4s ’28&’2 9 --F & A 3.90 4s Sew D isp ’26-’3 6 __ F&A b 3.85 to 3.95 % 4 Ms 1925-1956___________ b 3.85 to 3,95 % 4M s 1925-1971________ v a r. b 3.85 to 3.95 % 4 Ms P a rk 1925-’37____J& J b 3.85 to 4% 3 Ms B ridge 1935_____F&A 3.95 B ro o k ly n — d— 4s B ridge 1926________ J& J 3.85 3 Ms g 1926 to 1937____J & J b 3.75 to 4.05 % 3.50 3 M s g J u ly 10 1925___ J & J 3 M s gold 1936________ J& J 4.05 B room e C o 5s ’26-’3 3 -.-M & S 6 4 '% ' to 3,90 % B uffalo— 4 Ms J u n e 15 1944___J& D 15 3.95 4 M s J u n e 15 1 9 6 4 ---J& D 1 5 3.95 4 M s 1925-1968_______ J& D b 3.75 to 3.95 % 4 M s F e b 15 ’62 op ’32-F& A 3.90 4s J u n e 15 1925-’3 0 __ J& D 6 '3.50' to 3.85 % 4s J u n e 15 1960______J& D 3.90 3 M s P a rk R eg 1927__ F&A 3.85 3 Ms W a te r 1 9 2 5 -3 5 ---M & S b 3.75 to 3.90 % C ohoes 6s R e f W a t’25-’45 J& J b 4.40 to 4.10 % C orning 5M s 1926-’6 0 — M&S b 4.38 to 4% C o rtla n d C o 4 M s ’25-’51_J& J b 4% to 3.75 % " D elaw areC o4.20s ’26-’52 A&O b 4% to 3.75 % E lm ira— 4s 1935_______ M & S 3.95 4 Ms W a te r 1926-’45_-A & 0 4 4 Ms A p r 1 1933-1935______ 4 E rie Co 4 Ms ’26-’36tax-ex J& J 6 3.75 to 3.90 % 4s 1945-1953_________ M & S 3.90 F ra n k lin Co 4M s ’31-’40_M&S 4.05 F u lto n — 3.40s ’25 to ’2 9 -J& D b 3 75 to 4% G a rd e n C ity — 4 M s 1925 to 1952_____J & J b 4% to 4.10 % G eneva— 4s W a te r ’2 6 __ A&O 4 G lens F alls— 4M S re f sew er 4 A ug 31 1925-1928------- F&A G ro to n 6s W a t ’25-’50_-M & N b 4.10 to 4.50 % H a v e rstra w 4.12s’26-’37 M &S b 4% to 4.10 % H e m p ste a d U n F S D N o 1— 5 Ms 1925-1929_______ J& J b 4% to 4.10 % 6s 1925-1930______________ b 4% to 4.15 % 6s 1931-1954_____________ b 4.20 to 4.30 % H erk im er— 4M s ’26-’27-M & N 4 H u d so n —4 M s H igh Sch ’25-’3 2 -A & 0 b 4% to 4.10 % Iro n d eq u o it 5s ’29-’53 __ J & J b 4.10 to 4.20 % Irv in g to n 4.10s ’25-’3 6 --A & 0 b 4% to 4.10 % 4 Ith a c a 4.30s ’27 op v a r — J & J 4M s R er W a te r 1 9 4 2 --J& J 4 J a m e s t’n 4s M a r 20 ’4 3 - -A&O 3.95 Jam e sto w n S D 5s 1925-29— b 3.75 to 4% 4.05 5s 1930-1939_________ J& D Jo h n sto w n 4 M S D ec 1925-37-- b 4% to 4.10 % dK ings Co 4s M a y 1 1926-44- - b 3.75 to 4.05 % K in g sto n 3 Ms g ’26-’36_-A & 0 b 3.85 to 4% L o ck p o rt 4 Ms 1925-1944------- b 4% to 4.05 % 4 Ms Sch 1926-1944________ b 4% to 4.10 % M ad iso n Co 4M s ’26-’29_Feb 1 4 M am a ro n e c k U n F S D N o 1 4 5 Ms M a y 1 ’25-’28— M&N 5 Ms M a y 1 ’29-’5 2 — M&N b 4.15 to 4.25 % M id d le p o rt 4.35s ’25-’4 2-J& D b 4.10 to 4.30 % 4.35s Sew er ’25-’3 9 __ J& D b 4.10 to 4.30 % 3.95 M id d leto w n 3 M s 1931— F&A M t V ern on 4M s ’3 1 -4 3 --A & 0 4 5M s 1926-1934_______ A&O b 4% to 4.10 % 4.10 5M s 1935-1941----------- A&O 4 4 M s W a te r 1942______ J& J 4 4 Ms 1925-1943----------------4 Ms School 1962-73--M &N 4 4s Sew erage 1950-55--M &N 4 4 5s J a n 2 1926-1928---J & J 2 4.10 5s J a n 2 1938________ J& J2 N a ssau Co—4 M s ’25-’2 9 -J& J b 3.75 to 3.90 % 5s A ug 1 1928------------------3.95 5s 1931-1939________ M & N 4.05 4M s R e f 1925-1928— M & S b 3.75 to 3.90 % 4 Ms 1938-1943----------- J& D 3.95 4 Ms 1925-1946______ M & S b 3.75 to 3.95 % 3 Ms C o u rt H ouse ’30-M & S 3.90 [V ol. 120. B o n d s. Bid. A sk . To N et. N e w burgh 4M s ’26-’3 4 --F & A b 4.85 to 4% 4 Ms W a t Im p 1926-41-J& J b 3.85 to 4% 4s W at Im p 1942-63__ J & J N ew R ochelle— 5s 1926-1929_________ M&N 4 5s 1930-1950_________ M&N 4.10 4 Ms M u n Im p ’25-’35.M & N 4 4s 1925-1930_________ M&N 4 3M s 1925 to 1933_____J& D 4 N ew Y ork C ity — 4 Ms J u n e 1965_______ J& D 106 M 4 Ms J u n e 1925-30____J& D b 4.10 4 Ms 1963_____________ M&S 106M 4 Ms (old) M a y 1 9 5 7 --M & N 103 M 4M s (new) N o v 1957-M & N 10 >M 107 M 4 Ms C orp sto ck 19 6 7 --J & J 106 M 4M s C orp sto ck ’26-’3 2_J& J b 3.95 to 4".10 % 4M s C orp s tk 1971--J& D 15 107 M 4 Ms Sch & V ar '2 5 - 3 9 - J& D b 3.95 to 4.10 % 4 Ms 1960 o p t 1930____M&S 101 4M s 1960____________ M & S 102 M 102 M 4 Ms M a r 1 1962______ M&S 102 % 102M 4 Ms M a r 1 1964______ M&S 101% 4 Ms A pril 1 1966_____A&O 10 2% 4M s A pr 15 1972___A & 015 102% 4 Ms R a p T r & W a t ’74 J& D 102 % 102 M 4s V arious 1936______ M & N 100 99 4s N ov 1955_________ M & N 98 M 99 M 4s V arious 1956______ M & N 98 M 4s V arious M a y 1957-M & N 99 H 4s N o v 1958_________ M & N 99 % 4s M a y 1959________ M &N 99 M 3 Ms B klyn M Sew ’2 7 -J & J b 3.^0 to 3.95 3M s D ock 1927 e x -.- M & N b 3 .r 0 to 3.95 3 Ms g ex em p t 1 9 4 1 --M & N v 4.10 to 4.20 3 Ms exem pt 1942____M & N b 4.10 to 4.20 3 Ms R T 1948-1950--M & N b 4.10 to 4.20 3M s g exem pt 1 9 5 2 ..M & N 89 M 8 )% 3 M s g exem pt 1953--M & N 89 M 89% 3 M s g exem pt 1954--M & N 90 3M s g W a te r ex ’5 4 --M & N 90 3M s ex em p t 1955____M & N 90 90 M 3 Ms sto ck A pr 1 1954-A&O 90 90 M 3 Ms N o v 1 1929_____M & N b 3.80 to 3.95 % 3s g R T 1950 e x em p t-M & N N iag F alls— 5 Ms ’41-’4 8 .M&N 4.10 4.10% Sewer 1935-50--J & J 4 4M s School 1926_____ F&A 3.50 4 Ms W a t M a y 1’41-’48 M&N 4 4 Ms R ep a v ’29-33 reg.M & N 4 05 4M s Sew ’39-’46 re g .-M & N 4 05 3 Ms 1942-1945_______ M&N 3.95 N o rth T a rry to w n (b) 4 Ms W a te r 1 9 2 5 -4 5 ---A&O b 4.05 to 4.10 % 4M s W a te r 1946-64-—A&O 4M O neida— 4s W a te r ’40-’4 5 -J & J 100 4 Ms W a te r 1930-39___ J & J 4 '” O neida Co 3M s ’26-’2 8 —F&A b 3.75 to 3.95 % O onodaga Co 3s ’25-’2 9 —J & J b 3.50 to 3.90 % 5M s 1925-1930...........-M & N b 3.50 to 4% 4M s 1925-1926________ J & J b 3 .5 ) to 3.70 % 4s M a rc h 1 1929______ M&S 3.90 O ssining 4M s 1926-42-—M &S b 3.85 to 4.10 % Oswego— 4 Ms 1925-29--M & N b 3 .50 to 3.95 % 5M s School 1925-46--M &N b 3 50 to 4.15 % P en n Y an 4.35s ’25 to '3 1 - O c t b 3.75 to 4.20 % P oughkeepsie— 3M s 1925 to 1930___ M & S b 3.50 to 3.90 % 4M s W a te r 1 9 2 5 -5 2 ---J& D b 3.50 to 4% P u tn a m Co 4M s ’25-’29-F & A b 3.50 to 3.95 % Q ueens C o u n ty 4s 19 2 7 --J& D 3.90 R ochester—-5s 1926_____F&A 3.75 5s 1927-1931 (coupon)-F & A b 3.90 to 4% 5s 1932-1951 (coupon)-F & A b 4% to 4.10 % 4M s J a n 15 1933______ J & J 3.90 4M s M u n icip al 1945—M&S 3.95 4 Ms P u b Im p ’25-’48-F & A b 3.51 to 3.95 % 4 Ms School 1 9 2 6 -4 5 ---J & J b 3.75 to 3.95 % 4M s 1926-1936________ J & J b 3.75 to 3.95 % 4s 1926 to 1927_______ J & J b 3.75 to 3.90 % 4s Im p Sch, &c, ’26 -’4 7 -J & J b 3.75 to 3.90 % 3M s R ef 1933 o p t 191 3 -J& J 3.90 R o ckland Co— 4s ’25-’3C M & S 4 4M s ’25-’38 (reg) — F&A15 b 4% to 4.05 % R om e— 4 Ms Sept 15 1931.J& J 4 5M s 1931-1941_______ A&O 4.10 R ye 5s M a r 10 ’2 6 -'3 8 ---M & S b 4% to 4.20 % S aranac L ak e 4 M s’25-26.M & S 4.15 4.45s F ireH o u se ’25-'39.J & J b 4.15 to 4.35 % S aratoga Co 5s 1925-1941-b 4% to 4.10 % S aratoga S prings— 4M s P a rk 1926-40___ A&O b 4% to 4.05 % Scarsdale 4 Ms 1 9 2 5 -4 5 ---J & D b 4% to 4.10 % S chenectady 5s 1 9 2 5 -3 3 --J& J b 3.75 to 4% 4 Ms 1926-1931_______ A&O b 3.75 to 4% 4M s 1925-1934________ J & J b 3.75 to 4% 4s O ct 15 1925-44---A & 0 1 5 b 3.75 to 3.95 Schenec Co 4M s ’42-’5 8 -- J & J Solbay 4 M s 1925-40_____F&A b 4.15 to 4.50 Som ers(T ) 4M s ’26-’5 3 --M & N b 4% to 4.35 S teuben Co 4M s ’28-’37-F & A b 3.95 to 4% Suffolk Co 4M s 1925-32--J & J b 3.75 to 3.95 4M s O ct 1925-1939__ A&O b 3.75 to 4 % Sullivan Co— 4M s H ighw ay 1927-29.A&O b 3.90 to 3.95 4 Ms H ighw ay 1930-45-A&O Syracuse 4M s 1925-35 V arious b 3.75 to 3 90 5s M a y 15 1925-1938______ b 3.75 to 4% 5M s 1925-1960_______ M & S b 3.75 to 4% 4 Ms J u n e 15 ’2 5 -3 4 -J& D 1 5 b 3.75 to 3.90 % 4M s 1925-1944_______ M&N b 3.75 to 3.90 % 4s J u n e 15 1925-44--J& D 1 5 b 3.75 to 3.90 % 4s R efu n d in g 1929____J& D 3.90 3M s W a te r 1928______ J & J 3.85 T ioga Co 5s 1 9 2 6 -1 9 3 0 ---M&S b 3.90 to 4% T o n a w a n d a 4M s 1926-42-J& J b 4% to 4.10 % 4M s Sewer 1 925-1953--J& J b 4% to 4.15 % 5s W a te r 1925-1950____J & J b 4.10 to 4.35 % 5M s W a te r 1925-1950--J & J b 4.10 to 4.50 % 5M s S tre e t im p t 1 9 3 1 --J& J 4.50 T ro y — 4 Ms 1925________ J& D 3.85 6s 1926-1940 re g ______ A&O b 4% to 4.25 % 4 Ms School 1925-31---F & A b 3.85 to 4% 4 Ms F eb 15 1926-1957_____ b 3.85 to 4.05 % 4s W a te r 1925________ J& D 3.85 4s S ept 1 1926_____________ 3.90 3 Ms W a te r 1925-36____J & J b 4% to 3.85 % U tic a — 4 Ms 1925-35____M&N 6 3.75 to 3.95 % 4 Ms P u b Im p ’26-’42-_A & 0 b 3.75 to 3.95 % 3 M s N o v 1 1925 to ’3 5 -N o v b 3.75 to 3.95 % W arsaw U nion F r S D N o 10— 4M s 1925-1942________ O ct 4.25 W ate rto w n 4M s 1942____J & J 4 4M s 1925-1953________ J & J b 3.85 to 4% 5s 1925________________J & J 3.85 5s 1926-1945_________ J& J6 4% to 4.15 % 4s M a y 1 1938_______ M&N 4 3 Ms Sewer ’25 to ’2 7 - -M &N b 3.85 to 3-95 % 6 B asis d N ow p a rt o f N ew Y o rk C ity , f F la t p rice, n N om inal. * N o te __Owing to m oney co n d itio n s a n d th e d em an d fo r th e s h o rte r m a tu ritie s N ew Y ork S ta te a n d in fa c t all m unicipal issues h av e been selling on a d ifferen t basis fo r each in d iv id u a l m a tu rity . L ack o f space does n o t p e rm it u s to give th e y ield fo r each se p a ra te m a tu rity a n d we a re com pelled, th e re fo re , to give th e ra n g e fro m th e earliest to th e fa rth e s t m a tu rity . F or in sta n ce , A lbany 4M % bonds due 1925-1928, selling on a 3 to 3.75% basis, w ould in d icate th a t th e 4M s due 1925 w ould be on a 3% basis; th e 4M s o f 1926 on a 3 M % basis; th e 4M s o f 1927 on a 3M % basis, &c. A pril, 1925.] B onds 53 STATE AND MUNICIPAL BONDS I To | A sk . IVed B o n d s. A sk. To N et. To B o n d s. A sk . N et. 4.15 C in c in n ati (Concluded)—O K LA H O M A 4.50 4.10 *4 Ms J u ly 1943______J & J 3.85 *4M s Sewer 1955_____A&O 4.10 4M sO ct 15 1925-33--A & 015 b 4.15 to 4% 3.85 *4 Ms Sew Sep 3 ’37-M & S3 4.20 4s F u n d in g 1925-27_____F&A b 4.15 to 4% 6 3.90 to 4.00 % 3.65s g F eb 19 3 7 ---F & A 4.50 3.90 C an a d ia n Co 4s ’26-’3 1 --F & A 4.05 5 3M s W a te r '45 o p '25-F & A 3.90 G u th rie 6s W W 1943__ A&O 4.05 4 3s W a te r 1939 op '19-F & A 3.90 M uskogee—4 M s 1925--M & N 4.05 C ine S D *4M s 1934--A & 013 4.10 5s Sewer 1936________ M&S 4 3.95 3.90 O klahom a C ity — 4s 1936 o p t 1906_____M & S b 3.75 to 3.95 % 4.30 5s 1937 o p t 1922______F&A 3.90 3M s 1940 o p t 1912-_-A&O ______ 3.90 C lev elan d *534s 1940-70 J& D 4.30 5s W ater 1936________ M&S 4.35 4.30 4M s Sewer 1936______F&A 6s 1932-1933_________ J& D 4.25 4.30 *534s P u b H all 1 9 7 0 --J& D 4 Ms W a te r W orks 1941-J & J 9934 100 4.35 *5s W W 1936-1968---J& D b 4.40 to 4.20 % O kla C ity S D 4s 1933__ J& J 4M 4 /< ') 4.20 5s 1926, 1930, 1 9 3 1 ---V a r 4.10 *4M G ra d C ro s s ’30-’54 A&O 4M >>4.20 4.9 0 % *4 Ms P a v in g 1929-34-J& D 4.10 O kla Co 4M s ’25-’3 3 __ J& D 64 M % to 4% 4.50 *4M s Sewer 1930-49--J& D 4.60 4.10 O km ulgee 5s M a r 15 1943____ 4 *4 34s S t im p F e b 1 ’34-F& A 4.10 P a y n e Co 4 Ms ’25 to ’2 9 -A&O 6 4.30 to 4% 4.15 4.50 T ulsa. 5M s 1927-32_____F&A 4 *434s M a rc h 1919___ M&S 4.10 4.50 5 Ms J u ly 1946_______ F&A *4 34s F ire d ep ’26-’30 A&O 6 4.15 to 3.75 % 4.10 4.50 *434s F ire D ep ’3 1 -5 5 -A & 0 b 4.25 to 4.10 % 5 Ms W at& P a rk '30-’49 F&A 4 4.40 4 34s C la rk A v B dg '4 2 -A&O 5s 1933-1947............. -_ .F & A 3.90 b 4.00 to 4.10 % 434s P a rk 1938_______ A&O 3.90 OREGON 3.90 4s P a rk 1929-1931___ A&O N O R T H C A R O L IN A 4s G rad e C ross’g ’3 0 - -A&O 3.90 6s H ighw ay 1925_______ A&O 4 C lev elan d S D *434s 1925-284.30 5s J u ly 1961_________________ 4 Ms H ighw ay ’26-A pr ’44 A&O 6 4.10 to 4% 4 *434s 1929 to 1935________ 4.25 434s School 1927-46_____J& J 3.90 4M s 1925-1944 (s-a )____A&O 6 4.25 to 4.10 % 4s J u ly 1 1932________ J & J 4.25 434s 1927-1962__________ J& J 4 4 Ms H ’w ay ’30-’35 (s a)-A & O *6s 1925-1928________ J& D 6 4.15 % 4.25 4s R efu n d in g 1950_______ J& J 4.05 4.20 4M s H ’w ay ’36-’49 (s a )-A & 0 *6s 1929 to 1935_____J& D 4.25 C leveland H eig h ts S D —• 4s B uilding 1 9 5 1 -.............. . J & J 4s H ighw ay 1925-42___ A&O 6 4.25 to 4.10 % 5.20 A lbem arle 6s 1 9 2 6 -3 8 ---F&A 4s H ighw ay 1926-41____A&O b 4.20 to 4.05 *6s 1926-1959________ A&O b 4.50 to 4% 4.50 C olum bus *6s 1949-57--M&S A sheville 5s R ef 1941___ J& J 4M 4s A ug 1 1928-1933_____F&A 6 4.20 to 4.05 1 4.50 5s School 1943________ J & J A lbany 5s re f ’31 o p t ’2 1 -A & O 5 5s St I m p t 1926-1932.M &S 6 4.15 to 3.90 % 4.60 4.90 534s 1925-1957________ J& J 4s Sewer ’33 o p t ’1 3 --M & S 3.90 A storia 5s 1953_________ J& D 4.60 534s S tre e t 1926-36— F&A 4.90 4s W a t W ’45 op '2 0 - -M&S 5M s 1925-1949-............. -J & J 3.90 4.30 434s 1925-1929............ M &N 4.80 3.90 B ak e r C ity 5s 1934_____ M&S 334s 1932 o p t 1912___ J & J 4.40 C olum bus S D 4s 19 2 6 --M&S 4.90 434s 1930-1965______M & N 3.90 C la tso p C o u n ty 5s 1934-A&O 4.55 B uncom be Co 5s ’25-’4 6 --J& D 5 4.30 C olum bia Co 5s ’29-’3 4 -A & 0 *5s 1943-1952______ J&D19 4.50 C u y ah o g a Co *6s ’2 5 -'3 9 -A & 0 b 4.25 to 4% 434s F u n d in g 1939__ M&S 4.75 D alles C ity 5s ’25-’2 6 __ M & N 4.75 6s B ridge 1928-37___ A&O 4.75 E ugene 5s 1942________ M & S *5s B ridge 1 9 2 5 -2 7 --.A&O b 4.25 to 4% 4.30' 4.35 C h a rlo tte — 5s St& Sew ’2 9 -J& J 4.20 M u lto n o m a h Co 4 Ms '3 2 -J& D *5s R ef 1926-1932__ A&O 4.30 5s School 1926-46_____F&A, 4.25 4.40 5s R o ad 1925-1929---M & N )--------*5s R e f 1932-1939___ A&O 4.30 534s F u n d 1926-29— F&AI 3.90 P o rtla n d — 4s R ef 1925 to 1 9 2 6 ---A & 0 4.30 534s 1925-1930______M & N 5M s A ug 1928_______ F& A 6 4.40 to 4.15 3.90 4s 1925-1941_________ A&O 4.60 ♦ D a y to n — 5s 1925-32--.M & N 5s H a rb D ev 1925-50-M & N 6 4.40 to 4.25 l 534s 1931-1948______ M & N 4.35 434s W a te r M a r 1 9 3 5 --J& J 4M s D ock 1943______ M &N 6 4.35 to 4.20 4.10 *6s G en fu n d 1928__ A&O 4.35 434s W a te r O ct 1 ’4 1 - -A&O 4 25 4M sO ct 1925-47______ A&Oib 4.35 to 4.20 *5J4s W W Im p 1 944--J& D 4.35 434s W a t & Sew 1 9 4 2 -.J& J 4s W ater 1937_______ M & N 6 4.35 to 4.20 4.20 *5s W W Im p 1945__ F&A 4.50 5 4.20 P t o f A storia 5s H a r '25-29J& J D u rh a m -4 3 4 s Sew & Lt’4 1 -J& J *4 34s W W Im p 1940--J& D 4.50 434s F u n d ’25 to 1 9 4 0 --J& J 4.20, P t o f Coos B ay H a rb o r 5 s____ ♦434s B dge 1933-39--A&O 5 4.55 D a y to n S D 534s ’41-’61 M&S b 4.35 to 4.25 % 5s W a te r 1926 to 19 4 5 -J& J P o r t o f P o rtla n d — 4.55 5s F d & Sew er ’2 5 -’39-F & A 4.50 4s D ry D ock 1934_____J & J *5s M a r 16 ’26-’46--M & S16 6 4.30 to 4.25 % 4.50 E a s t Liverpool— 4s 1940-J& J 4.60 4 G ran v ille Co 434s ’3 9 - -M &N Salem —-5s Sewer ’25-’33 M&N 4.40 E ly ria 4s 1925 to 19 3 8 --J& D 3.99 G reensboro— 5s W W ’3 0 -J & J 4.50 5s A ug 1 1942 W _____F&A PE N N S Y L V A N IA 4 5s W W 1929-1946____J & J 4.40 ♦ F in d lay C ity S D 5 s’25-’2 7 J & J 4.30 4s W ater-W o rk s 1 9 5 4 --J& J 4.80 F o sto ria — G reenville 5s W W ’5 8 --F& A 5s J u ly 1 1951 Series C - . J & J 117M 118M 4.60 Ired ell Co 5s A ug 1 ’42 -F& A 4.60! 4M s Ju ly 1929, 1934, 1939. ♦5s W W Im p ’26-’40-M &S 434s 1929-1939_______ A&O b 4.45 to 4 .4 0 % 1944, 1949_____________J& J 6 4.10 to 4% F ran k lin C o u n ty —• 4.50 434s 1940-1950_______ A&O 4s H ighw ay 1930, ’32, ’35, 4.70 Lee Co 5s R o a d 1 9 5 2 ---M & N 3.80 6 4.30 to 4.10 ’37, ’40, ’42, ’45, ’47, '50, ’52 4.70! Lincoln Co 5s 1943 & ’4 8 -J & J A llegheny— 4s 1927______ J & J 6 4% to 4.95 % 6 4.30 to 4.10 4.70 5s B ridge 1937-1951---F & A 4s S tree t Im p t 19 3 7 --M & N 6 4% to 4.95 % M eck len b u rg Co— 3 Ms 1925 to 1931____A&O 6 4% to 4.95 % 4.85 A llegheny Co 4 Ms ’4 3 - -M & N 6 4% to 4.95 % 6s R ef N o v 1950_____M & N 4s C H J ’ne ’36 op 4.00 Iro n to n *4Ms W W P i t t Co 5s 1925-36_____M&N 4s R o ad 1939________ A&O 6 4% to 4.95 % 4.00 L akew ood— 4s B ridge 1942_______ F& A 6 4% to 4.95 % 434s 1943-1947______M & S 4.55 5s F u n d J u n e 1959___ J& J 3 Ms 1932 o p t 1922-_-M & N 6 «% to 4.95 % 4.26 R aleigh 5s 1927________ A&O A ltoona—-4s '34 o p t ’1 4 --J & J 99 100 4.55 -5s M u n ic B ldg 1939-. 99 100 4.55 5s Im p t Ju n e 1 19446 4.40 to 4% 99 100 4.60 ♦L aw rence Co 5s 1934--M&S 6 4.40 99 100 -4.70 L im a 4s Sewer 1925_____A&O B ethlehem S D 5M s ’30, ’35. ’40, ’41 6 4.50 to 4 %~ 6 4.10 to 4.05 % 5 Ms Sewer 1925-1947--4°85^ S u rrey Co 6s M a y 1933-1958*5s Sewer F eb 15 ’27-’51 6 4.10 to 4.05 % 4.00 W ak e Co 5s F u n d ’4 8 ___ *4 Ms O ct ’25-O ct ’30-A & O 6 4.50 to 4% 6 4.10 to 4.05 % 5.40. W eldon 6s J a n 1926-1942 C am bria Co 4 Ms ’25-’453 Ms R ef ’30 o p t ’2 5 __ A&O 6 4.10 to 4.05 % W ilm in g to n — L o rain 5s 1925 to 1932__ J & J 6 4.10 to 4.05 % 4.55' 5s R ef & im p t 1 9 5 5 ---A & 0 *5s W W R ef ’25-’2 7 --M & S b 4.10 to 4.05 % 4.60 *6s F d Sep 15 ’25-’28M & S l5 b 4.10 to 4.05 % 4.45 Lucas Co 4s C -H 19 4 4 --M & S C hester S D 4M s ’32-’37-’4 2 . 6 4.10 to 4.05 % 4J4s g W a t & Sew ’4 8 -A & 0 4.45 E a s to n —-3 Ms 1928_____A&1 6 4.10 to 4.05 % *5 Ms W a t Sup ’26-’30 M&S 4.3o M ad iso n v ille (in C incinnati) 6 4.10 to 4.05 % b 4.30 to 4.10 W ilson—-434 s 5s 1932 o p t 1922______J & J 6 4.10 to 4.05 % b 4.50 to 4.40 M a rie tta — *4M s ’25-’3 3 -J& D 6 4.10 to 4.05 % 434s 1939-1962_______ F&A 6 4.60 to 4.5o 70 3M s 1931 o p t 1911____F&A — 6 4.10 to 4.05 % 4 W inston-Salem —-5s ’25-M & S 4 Ms J a n 1 1936-1946M a r tin ’s F y 5s ’26 -’4 4 - -M & S 6 4.10 to 4.05 % 4.50 M iam i C onservancy D ist—• 5s gen im p t 1944______J& J 6 4.10 to 4.05 % 4.60 5s S ep t 1925-1947____M &S 5M s (1 to 5 y r m a t’y )-J& D 6 4.40 to 4% 6 4.10 to 4.05 % 4.40 H a rrisb u rg — 434s J u ly 1 1942______ J & J 5M s (5 to 10 y r m a t’y j.J & D 4.40 4s A ug 31 1 434 s J u ly 1 1952______ J & J 5 Ms (a fte r 10 y e a rs )__ J& D b 4.05 to 3.95 % 4-36 M iddletow n 4s ’30 op ’20 F&A 6s Im p A ug 15’25-30 F&A15 6 4.05 to 3.95 % 4s M a y 15 1925-1953M o n tg o m ery C o u n ty — b 4.05 to 3.95 % Jo h n sto w n — N O R T H D AKOTA *5s FI E m erg ’25-’4 2 -_ J& D 6 4.25 to 4% N ew ark *4M s 1926-41--A & O 6 4.50 to 4% 6 4.05 to 3.95 % 5s F a rm L o an 1935, 1940, 1945 4s B uilding 1930 o p tN orw ood—-4Ms 1925__ J& D 6 4.05 to 3.95 % 450 — a n d 1950______________ J& J — 4s 1930_______________ A&O 6 4.05 to 3.95 % 4.5 j P o rtsm o u th — 4s ’25-’24-J& D 534s 1945 & 1948 ser C - - . J & J 6 4.05 to 3.95 % 4.o0 534s J u ly 1928-1933______J & J 6s Sewer 1927-36____ J & J b 4.35 to 4.20 6 4.05 to 3.95 % 4.65 L a n c a ste r S G ra n d F o rk s 5s--M !ay ’25-’38 S an d u sk y 5s ’25 to '2 6 - -F& A 6 4.05 to 3.95 % 4.65 Springfield—-*5s 1925-1934-- b 4.40 to 4% W ard Co 434s J u ly 1925-J& J 6 4.05 to 3.95 % 4s 1925______________M & S b 4.05 to 3.95 % O H IO (.See foot-note *) S p rin g f’d S D *5s ’25-’39 J& J2 b 4M to 4% 6 4.05 to 3.95 % N orristow n S D 4M s S teu b en v ille *5s ’26-’35-M &S b 4.40 to 4% 6 4.05 to 3.95 % 4.25 P h ilad elp h ia—4s 1937434s 1925-1932_________ A&O 6 4.30 to 3.75 S u m m it Co 5s ’27-’3 0 __ A&O 100 M 100 M - to 3.75 ♦Akron 6s 1925-1940___ A&O 6 4.30 b 4.30 to 4% 1 16 114 4 Ms 1925-1937______ 4.20 *5s 1925 & 1928______Var_ 6 4.10 to 3.75 % Toledo *5s W W ’37-’44_F&A 107 M 108 M __ *5s W a te r 1925-1953-A&O 6 4.25 to 3.75 % 4 M s N o v 1 1948_______ J& J 107M 108 M __ 5s Sept 1925-42______ M & S 6 4.20 to 3.75 % 4.25 *534s 1926-1929______ J & J b 4.15 *6s G en F u n d 1929__ F&A 100 M 100 M __ 4*25 4.40 *534 1930-1937_______ J & J *6s P u b W h arf 1 9 6 0 --M & S 100 M 100M 4.25 4.25 *5 34s 1938-1951_______ J& J 4s J a n 1 1946*5s Sewer 1949______ M & S 100M 100 M __ 4.20 434s 1925-1947_______ A&O b 4.25 to 3.75 % *4 Ms S ept 1 1928___ M & S 100 M 100 M - 4.20 *4 Ms 1936-1955-:_____A & O --------- ______4.25 *4 Ms W a t 1932-34___ J & J 100 M 100 M 3.90 4' *4M W W D ec31’25-37 -JD 3 1 b 4.20 to 3 ./5 % 4 Ms B d ? ’28, ’33 & ’38-F & A ______'3.90 3.90 4s W W 1942_________ A&O 4 4s 1926______________ A&O ______ 4 3.90 A lliance 4 M s 1 9 2 7 -3 2 ---J& D 4.11 4s P a rk J u ly 1 1942__ J & J to 4% 3.90, *5s W a te r D ec 15 1926-50- b 4.25 4s 1925-1942__________ J & J 3 Ms R e fu n d ’g 1 9 3 0 --M &N 99 M 100M A sh lan d — 4 P ittsb u rg h — 4M s ’25-’50 J& D 6 4.05 to 3.95 % Toledo Sch D ist 4s 1925_____ 4 ! 4s M a y ’25 o p t ’10-’22 M&N 6 4.05 to 3.95 % *534 W W Im p ’25-’44 A&O b 4.60 to 4.10 % 4s 1926-1929______________ B u tle r C o— *4M s 1926-1930______A&O b 4.05 to 3-75 % 6 4.05 to 3.95 % |4.25 *434s F l-E m e r’25-'31_M &N *4M s 1931-1950______ A&O 6 4.15 to 4.10 % 4s 1926 to 1939________ J & J 6 4.05 to 3.95 % 4.50 C am b rid g e— 434s ’26-’3 4 -J& J 6s 1925-1930________ M &N 6 4.30 to 3.75 % 4M s ’25-’38 taxable_-M & N b 4.05 to 3.95 % 4.00 *5s Sew er 1953______ M &S 3 Ms A pr ’26 to ’3 0 -_ -A&O 6 4.05 to 3.95 % 6s 1931-1960________ M &N 6 4.50 to 4.30 % 4.00 W arre n Co 5s 1929-34--M & S J 4.25 to 4 *5s Sew er 1931-37____M &S P itts b S D 4 Ms ’25-’2 7 --_ J & J 6 4.05 to 3.95 % 4.25 Y oungstow n *5s 1925__ A&O 3.75 R eading—4s ’26 to ’2 8 --A & 0 6 4.05 to 3.95 % C an to n — *5s Sew 1953--M & S 4.20 *5 34 s F u n d 1925-37- - -J& D b 4.15 to 3.75 % *6s F u n d 1928_______ A&O 4s 1925-1928_________ M & S 6 4.05 to 3.95 % 4.30 4.30 *6s W a te r 1944-1959--A&O 6s B dge 1932-41______A&O 4s 1926 a n d 1931_____ 6 4.05 to 3.95 % --------- 1 4 434s W ater-W k s ’3 0 - -M & S *5s Police B dg & St ’25-’32 6 4.25 to 3.75 Scranton 4 Ms ’25-’4 1 __ F&A 6 4.05 to 3.95 % 4s 1926 & 1927_______ F&A b 4.10 to 3.90 % *4M s 1925-1957______A&O 6 4.20 to 3.75 5s 1925-1950_________ F&A 6 4.05 to 3.95 % ______4.30 ♦C an to n S D 5s 19 5 4 --A & 0 8 Y oungstow n School D ist—4s 1926-1937_________ M&S 6 4.05 to 3.95 % ______ 4 4.25 ♦5s D ec 10 ’25-’26-J& D 10 *4 Ms 1944-1947______ M & S 4s 1926-’30-’3 5 _______A&O 6 4.05 to 3.95 % ______4.25 *434s D ec 5 193 9 -4 2 --J& D Scran ton S D 4s ’26-’28-’33 A&O 6 4.05 to 3.95 % *5s 1925-1944________ M & S b 4.35 to 3.75 ______14.30 Zanesville— *5s C ity H all & *4.40s 1956 3M s 1925-1932_______ F&A 6 4.05 to 3.95 % C in c in n ati— M a rk e t 1925-39______M & S b 4.40 to 4% U niontow n 4s '28 tax-ex M&N 6 4.05 to 3-95 % 4.15 Zanesville School D ist— *6s F u n d in g 1928___ F&A W ash’n Co 4 Ms ’26-’34--M & S b 4.05 to 3.95 % 4.20 *5 Ms Im p M a r 1 9 4 1 --M&S 5s 1925-1943_________ A&O 6 4.40 to 4% 4s 1925-1933________ M&N 6 4.05 to 3.95 % 4.20 *5M s Im p t F e b ’46, ’51 F&A 4.20 *534s M a r 10 ’3 1 ---M & S 1 0 4.25: *5s J u ly 1 1965________ J & J W a te rv lie t 6s 1925-30___ V ar W est Seneca 5s ’25-’3 8 __ A&O W estc h ’r Oo 3 Ms ’27&’28 J& D 5M s 1925 re g _________ J& D 5M s 1926-32 re g _____J& D 5s 1939-76___________ J& D 5s J u n e 1 1929-54___ J& D 4 Ms P a rk w a y 1962-86-J& D 4 34s Co B ldg 1927-44-A& 0 4s Co B ldg 1926-59---M & S 4s 1930 to 1935_______ F&A 434s San Sew ’33-’8 2 --J & J W h ite P lain s— 4s ’25-’28-F& A 4M s 1935-1959 (reg)_-M & S 534s Sch 1931-1936__ A&O 334s W a te r 1931_____A&O W o lco tt 434s J ly 15’25-’42J& J Y o n k ers 534s J a n 19 2 6 --A&O 534s J a n 1927-1961---A & O 434s J u ly 1 1925-62— A&O 434 s M a r 1 ’27-’56 — A & 0 5s A p ril 1 1926-1927______ 5s 1925-1938_________ A&O I f * Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. 1 1913 by municipalities in that State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation. 6 Basis. /Flat price, nNominal. 54 STATE AND MUNICIPAL BONDS Bonds Bid. W ilkes-B arre 3 M s’26-’29-F & A 4s 1926 to 1935________ J & J 4M s Im p ser I ’25-’3 8 -A & 0 4M s 1931-1940________ J & J 4M s Im p t 1940-1945--J & J W m sport 3 Ms ’29op’0 9 -M & S Y o rk 4 Ms 1925-1943____F&A Y ork Co 3M s ’25-’3 2 --_ M & N b 6 b b b b b b 4.05 4.05 4.05 4.05 4.05 4.05 4.05 4.05 R H O D E IS L A N D 4s C h a rit In s t 1965_____M & S 3M s gold S H 1934______J & J B risto l— 3 Ms g 1930___ M &S C en t F alls 4s '2 5 -’3 0 ____F&A N P ro v ’ce 4s J-n e 15 '4 7 -J& D J o h n sto n 4M s 1925, 1930, 1935, 1940__________ M&N L incoln— 4s 1928_______ A&O N ew p o rt—4 M s ’26-’39_-M &S 5M s J u n e 1 1925-1958_____ 4s gold 1927__________ F&A 4s M a y 15 1948______M&N 3 Ms g H igh Sch 1954-J& D P a w tu c k e t—4 M s 1950__ J& J 4M s Sewer 1952______J& D 4 Ms School 1954_____M&N 4s W a te r 1937_______ M&N Pro v id en ce 4s 1927_____A&O 4s J a n 1 1945_________ J& J 4s O ct 1 1954_________ A&O 4s J u ly 1956__________ J & J 4s M a y 1962_________ M&N 4s W ater 1962________ J& D 4s O ct 1 1964______ .--A & O 3 Ms Sch & B r 1 9 2 9 ---M &N 3s Sew & Im p t 19 2 9 --M &N W esterly — 4s 1 9 2 7 -- M&S 3 Ms W a te r F eb 1 9 2 9 --F& A W oonsocket 4 Ms F d ’4 1 -J& D 6s F u n d 1925-1935 M&N 6s F u n d 1936-1961 M&N 4 Ms F u n d in g 1944__ M&N 4 Ms J u n e 1925-1957--J& D 5s F u n d e d 1926-1959--A&O 4s F u n d in g 1947______A&O 3M s W a t M a y 1 ’31--M & N 100 95 M 95 M 98 M 94 100 98 M 101M 114 99 97 M 88M 101 101 98 M 96 99 97 ys 9 Vs 9 'M 97 Vi 9 M 9 -y» 96 M 94M 99 96 M 100 M 106 M 119 100 M 98 M 105 M 94 95 S O U T H C A R O L IN A 4 Ms B lue 1928__________ J & J 4s R efu n d 1952 o p t 1 9 3 2 .-J & J C h arlesto n — 4 Ms 19 2 8 --A&O 4 M s J a n 1962_________ J& J 4s Sewer 1929________ A&O 4s R efg ’38 (ta x -e x e m )-J& J C h arlesto n Co 6s 1937__ J & J C heraw 5s ’52 o p t ’3 2 - -J u ly 1 C larendon Co— 6s M a y 15 ’36-’40--M & N 15 C olum bia 5s R ef 1941__ M&S 4 Ms W ater 1945______J& J G reenville— 5s St 1942__ J& J 5s W ater 1958opt ’38-F& A G reenville Co 4 M s’40-’5 5 -J& J L a n c a ste r S D — 5s 1941. -J & J 6s J u ly 1946__________ J & J R ich lan d Co 5s 1933____ J & J R ock H ill 5s 1951 o p t ’3 1 -J & J S p a rta n b u rg 4M s 19 3 5 --A&O 4M s W ater 1930-1939--J & J 4M s W ater 1940-1965-J& J 5s S ep t 1 1939_______ 5s N o v 1 1943_______ S p a rta n b u rg C o u n ty —• 4 Ms 1925-1927_______ M&N S u m ter Co— 5s R o ad & B dge ’28-’5 2 -J& J Y ork Co— 4M s R d & B dge ’26-’5 0 -J& J b 4% S O U T H DAKOTA 6s R u ra l C re d it ’33-’4 0 --A & 0 6s Sept 1941____________M & S 5s M a r 15 1931-35---M & S15 5s J u n e 1 1925-39-..........-J& D 5s H ig h w ay 1925-28____ A&O 5s J a n 15 1934-40____J& J1 5 5M s J a n 15 1943_____ J&.T15 4 M s R u ral C redit 1 9 3 9 -.J& J A berdeen 4M s Sewer ’32-J& T Sioux Falls 5s 1931_____J& D Sioux Falls S D 5s 1 9 3 5 --A&O 5 Ms D ec 1 1940_______ J& D TEN N ESSEE 4M s J u ly 1 1925-67_____J & J & 4.30 4M s R ef 1925-55_______ J & J & 4.30 4M s 1938-55_____________J & J b 4.30 4s R ef 1925-55__________ J & J b 4 .2 ) 4s 1932-53_______________ J & J b 4 .2J B lo u n t Co 5s 1926, 1931. 1936, 1941, 1951______J & J C h attan o o g a 4M s 1937-_-J & J 5M s R ef A pr 15 ’51-A & 015 5s A u d it 1927-32___ M&N 4M s M a y 1952_______ M&N 4M s P a rk 1942_______ M&N 4M s D ec 30 19 4 1 ---J& D 3 0 Cocke Co R d & Bdge—■ 1924. 1929, ’34, ’3 9 . -M &N C u m b erlan d Co 5s 1 9 5 6 --J & J D av id so n Co 4 Ms ’37 op-F & A G rain g er Co 5s 1940___ F&A H am ilto n Co 5s 1935___ A&O 5s A pril 1945_________ A&O 4M s C H & Ja il 1 942--A&O 4M s B dge & Sch 1947-A & 0 K nox Co 5s 1930-45_________ K noxville 5s 1940______M&N 6s W a t R ef 1926-46---M & S 5M s F u n d 1950______M &S 5s D ec 1930____________ 4 M s J u ly 1 1936-48_____ 4M s F u n d e d , &c., 1937 J& D 4M s W ater-w ks 19 4 9 --J & J 4s J u n e 1 1929________ J& D M em phis 5s Ju ly 1954__ J& Jj 5s R iver T e rm ’26-’4 8 -A & 0 64M % 5s A u d it M k t ’26-’4 9 ___ J & J 64 M % 4M s R efu n d in g 1939__ J & J 4M s St Im p t &c 1946--F& A 4 Ms P a rk 1947_______ J & J 4 Ms S tree t 1947______M&S 4M s 1950_____________J & J 4M s P a rk 1959_______ A&O 4s W ater 1933_______ M&N M em phis S D 4M s 1 9 5 9 --J & J b B asis, f F la t p rice, n N o m in al. A sk . To N et. Bonds. Bid. A sk . [V ol. 120. Bonds. Bid. N ashville—■ N ew port N ew s 4M s ’4 8 -J & D 6s A p ril 1926-1942____A&O b 4.50 to 4.25 % 4 Ms F eb 1953________ F&A 5s M arch 1926-1960--M&S b 4.60 to 4.50 % 4s S treet N o v 1 19 4 1 --M & N 5s M a rc h 1933_______ M&S 4.60 N orfolk— 6s O ct 1 19 5 0 --A&O 5s School 1925-1945__ J& D b 4.50 to 4.25 % 5M s School Oct 1 ’5 1 - -A&O 4M s S tree t 1935______J& J 5s M u n icip al 1949___ F&A 4M s H igh Sch 1940____J & J 5s M u n icip al 1969___ F&A 4s W a te r 1928________ J & J 4 Ms M unic Im p t ’42 -M & S P o lk Co 5s 1927-46______J& D 4M s R enew A pr 1 ’4 1 -A & 0 P u tn a m Co 4M s 19 4 1 --J u ly 1 4 Ms Im p J u ly 1940__ J & J 4s Im p t M a rc h 19 3 6 --M&S R o b ertso n Co 4s’41op’3 1 -J & J Shelby Co— 4M s Sch ’4 1 -J & J 4.40 P e te rsb u rg 4M s 1952__ A&O 4 Ms M unic 1933-’5 7 --J& D 4.45 P o rtsm o u th — 4 Ms 1940-F& A 4s C o u rt H ouse 1 9 5 5 --J& J 4.40 5 Ms A ug 1 1951______ F&A 4 Ms Im p O ct 1 1 9 4 2 --A&O 5s School 1929, 1939, 1949 4.50 4M s Sch & Sew 1 9 3 8 --J& J TEXAS. 5s W a te r 1948________ J& D 6s R efunding 1928____ J & J A u stin 5s 1925-1942____ J& J b 4.70 to 4.50 % R ichm ond— 6s 1925-29__ J & J 5s SchBlg& H os ’52op’32J& J 4.70 6s J u ly 1 1930---------------J & J 4.70 4 M % R ef 1 9 25-1946---J& J 4M s P u b Im p 1949------J'&J B ea u m o n t £s ’52 op ’3 2 - -A&O 4.70 4 M s S t & P k R d S e p t’2 9 -J& J 5s W a te r W orks 1954-M&S 4.70 4M s 1958 _____________ J & J 5s 1926 & 1927_______ A&O b 4.20 to 4.10 % 89 M 4s 1925 to 1930________ J & J 5s 1928-1930_________ A&O b 4.35 to 4.25 % 4s 1938 to 1943________ J & J 5s 1931-1939_________ A&O b 4.50 to 4.40 % 4s 1 9 4 1 _______________ J & J 5s 1940-1965_________ A&O b 4.60 to 4.55 % 4s E lec L ig h t 1942____ J & J 4.70 4s 1943 _______________ J& J Cisco 6s F u n d 1949-62--F & A 5 5.25 R oanoke 4 Ms R ef 1936— J & J C leburne 5s W W ’52op’32 J & J 49) 4 Ms S tre e t Im p t M a y 1940 D allas— 5s 1931_______ -J& D 4M s P u b B ldg 1941--M & N 4.35 5s g A ug 1928________ F&A 4 Ms P u b B ldg 1 9 4 4 --M &N 4.20 5s 1925-1960________ M&N b 4.35 to 4% 4M s A pr 1952________ A&O 4M s Sch 1925-1952-_-M &N 6 4.35 to 4% 4s S tree t I m p t 1936____J & J 4 Ms 1928, 1938, 1939, 1942, Stafford Co 5s 1942______ J & J S ta u n to n —■ 1943, 1944, 1945___ J & J b 4.35 to 4% 4s School 1925-1951__ J & J b 4.30 to 4% 5s W W 1929-58______ M & S b 4.50 D allas C o 4 M sS e p tl0 ’51 AprlO 4.50 Tazew ell Co 5s 1925-46---- J& J 5s V iad ’t & B ridge F eb 10 W A S H IN G T O N 1954 o p t 1924____A pr 10 5 E lP aso 5s W W P u rc h ’50-A&O 4.80 5s F u n d 1951 o p t ’3 1 —M & S 4.' 0 6s G en F u n d 1926-1940--J & J b 4.40 5s School 1955 o p t '3 5 - -J & J 4. 0 A berdeen 5M s ’25-’3 1 — J& D 5s Im p t A ug 1 1948__ F&A 4.80 B ellingham 5s 1926------- A&O F o rt W o rth 5s 1951_____A&O 4.5 J C larke Co 5s ’35 o p t ’2 5 - J a n 1 5s 1929-1934_________ J& D 4.5 > E v e re tt 5s J u ly 15 19 3 1 --J & J 5s J u n e 1936_________ J& D 5s 1935-1959_________ J& D 4.45 5 Ms W a te r 1934-1938-M&S 4.65; 4 Ms S tlm p ’48 op a f t ’28 J & J 4.50 K ing Co— 5s 1928______M&S 4M s Sch’49 op a ft ’2 9 -J& D 5s C o u rt H ouse ’33 o p t M ay 4s R efunding 19 4 1 --. 4.45! 4 G alv esto n— 5s R o ad 1935_________ F&A 4.10| 5s Lim d e b t 1932-1936____ 4.75’ 4 Ms H a rb o p t ’25-’30 N o v i b 4.80 4.25 5s G rade R ais 1944__ A&O 4.75 Lewis Co 5s 1926-32:---M & S b 5% 4.35 5s School 1925-1954--M & S 4.75 P acific Co 4 Ms J u ly 1 ’28-’36 4.25 4.75 Pierce Co 5s re f '25 op ’15 A&O 5s 1926-1956_________ A&O 43 j 5s Sept 1 1928-37___ S e p t b 5% 4.75 4 Ms G rad, &c, ’48op’28 J & J 4.7 ' 4s R ef 1926 o p t 1916--M & S 4.75 4M s G ra d ,& c ,’49 o p ’29A & 0 4.90 G alveston C o u n ty — P o rt of S e a ttle 5s ’25-’55 M & S 4 Ms J a n 1926-1955___ J& J 4.90 4.°ol 5 S eattle— 5s 1925-1930___ J& J 4.55 6s L & P Sys 1927-41--A & 0 4-50 5M s L & P 1929-43---- M&N 4.55 H a rris Co 4s ’47 op 4M s Sewer 1927______ M&S 4.80 4.55 H o u sto n — 4M s Sewer 1931----------- J & J 4.45 4.50 4 Ms L ig h t ext 1932____J & J 5 4s A pril 1 1929_______ A&O 4.50 5.30 S e a ttle S D N o 1 4 Ms ’25 M&N 5s M u n Im p ’26-’3 6 __ F&A b 4-65 to 4.50 % 4.50 4M s M a r ’26 to ’31— M&S 4M s S ept 1925-1952--M & N b 4-65 to 4.50 ~ 4.90 Snohom ish Co 5s '31 o p t a ft '21 4M s O ct 26 ’28 op ’2 8 - A&O b 4-65 to 4.50 4.40 P ale stin e 5s Sch A ug 1 1929, S pokane 5s P a rk 1927__ J& D 4.±o 4.70 4 Ms B ridge C onst 1931-J & J ’34, ’39, ’44, ’49, ’54, ’59, '64 4.4 > P o rt A rth u r 5s 1925-56--M & S 4.85 4 Ms P a rk 1962-------------J & J 4.50 San A nto nio—-5s ’25-’53-M & S 4.35 4 Ms B ridge 1 9 2 5 -3 6 ---J & J 4.50 4 35 4s W a te r J u ly 1 19 2 5 --J & J 5s Sept 1925-1953___ M & S 4.35 S pokane S D N o 8 1 4 M s ’29 J & J 5s S ep t 1931-1959______ 4.25 4M s M a y 1 1931_____M&N 5s St Im p D ist N o 2 1943 4.60 Stevens Co— 4 Ms '29 o p t ’19 San A ntonio S D 5s ’5 6 --F& A 5 4.15 T acom a— 5s 1925-33___ J& D W aco—5s N o v 1 19 3 4 --M & N 4.45 4M s L t & Pow 1929____J & J 5s Sewer 1937________ J & J 4.15 4M s R efu n d in g 19 3 1 --A & 0 to 4.50 % 5s W ater-W o rk s 1942—J & J 4.45 3M s J a n 1 1939_______ J & J 4s J a n 1 1931__________ 5.15 W ich ita F alls 6s 1950__ M &N W E S T V IR G IN IA 4.75 5M s 1925-1940______ M&N 4.50 5 5s F eb 10 1960____ F&A10 4.50 5s H ighw ay 1927-1946---- J & J 4.50 3M s J a n 1 1939---------------J & J 16 &48 UNITED STATES—See 4.50 C h arlesto n 4 Ms ’41 o p t ’27J& J 4.50 C harleston S D 5s ’25-’5 2 -J& J UTAH. 4.50 C larksburg 5s ’25 -’5 3 __ A&O 4.50 5M s A pril 1 1941_______ J & J ----------4.10 C larksbg S D 5s ’41 op ’2lM & S 4.50 5s C ap ito l B ldg 1934____J & J ---------4.10 H ancock C o u n ty — 5s G ra n t 4.70 4 Ms C ap itol B ldg 1934--A & O --------4 R oad D ist ’46 o p t ’32-M & N 4.70 4M s R o ad 1939________ J & J ---------4 H u n tin g to n 5s 1944_____O c t 4.70 4M s J u ly 1 1939_______ J & J ---------4 5s In d Sch D ’28-’3 4 __ J & J 4.70 4s C apitol B ldg 1934___J & J ---------4 M a rtin sb u rg 5s ’43 op ’29 D e c l 4.25 M ercer Co 5s ’44 op ’24 A & 015 Box E ld er Co 4M sS ch’32 F & A --------4 .2 ) P a rk e rsb u rg 4s W a t ’2 9 r Ju n e O gden— 4 Ms 1929______ J & J ---------4.20 4M s J u n e 1 1933_____J& D . 4 M % 1926-1945_________________ 4 .2 ) W heeling 5s W W ’32-’5 2 -J& J to 4.15 % 4M s R efunding 193 2 --J& D !--------4.20 4s R ef 1925 to 1 9 3 6 -- - J u l y to 4.15 % 4M s R ef W a t 1 9 3 3 ---M & N --------to 4.15 % S alt L ak e C ity — W IS C O N S IN to 4.05 % 5s R ef 1925-1928_____ M & S & 4.40 to 4.15 % to 4.0 j % 5s R efunding 1941____J & J & 4.30 to 4.15 % A ppleton 4M s 1926-32--F& A 4M s M a y 1 1934_____ M & N 1? 4.30 to 4.10 % 5 E a u C laire 4 Ms W W ’33-’44 4M s refu n d in g 1934--M & N b 4.30 to 4.10! % 4.50 F ond d u L ac 4M s ’26-’3 5 -M a r 100M 4s R ef 1926-1929____ A&O 4.50 100 G reen B ay 4M s ’26 -’3 3 __ J & J 4s R ef 1930-1935____ A&O 4.50 6s W W 1925-1935__ M & N 99 Vs 4s R ef 1936-1945____ A&O 6s W W 1936-1 9 6 0 ---M & N 4.50 99 M 4s R ef 1946-1965____ A&O 4.50 S alt L ak e C ity S D 4s ’3 0 -J& J 4.25 Jefferson Co 5s ’28-’3 2 --A & 0 b 4.50 4.25 L a C rosse 4M s ’32 op ’22-F & A 4.50 4M s F e b 1 1932_____ F&A 4.25 4s W ater ’31 o p *21__ J& D 4 Ms A ug 1 1933_____ F&A 4.90 S alt L Co 4M s ’26 op ’16 F&A 4.25 M adison—4 s O ct 1 9 3 1 --A & O 4.90 M arsh field 4 Ms ’25-’3 2 __ J & J 4-50 M ilw aukee 5s 1926-1939--J & J VERMONT. 4.50 4M s Oct 1 1925-1949 - - _ A&O 5s 1925-1939___________J & J 4.50 M id d leb u ry 4s ’41op’21-M & N 5s J a n 1926-1940______ J& J 96 M 4.50 5s J u ly 1925-1940______ J & J 4.40 4M s 1926-1939________ J & J VIRGINIA 4.40 6s deferred ctfs 1871_____J & J 4M s P a rk 1926-1 9 3 5 ---J & J 4.50 4s V iaduct 1925 to ’2 6 - -J & J B row n B ros c e rtific a te s.. 4.50 3s “ R id d leberger” 1932 o p t M ilw aukee Co 4s 1 9 2 5 --M & S 4-50 4 M s Sew M a r 18 ’3 6-'45- — 93 M 1900 __________________J & J O shkosh 4M s 192 6 -3 4 ---F & A 4-50 3s F u n d e d d e b t 1991___ J& J 76 M 77 |4.60 R acine 4 Ms R ef ’26-’3 0 --F & A 4.30 A lbem arle Co 5s 1948___ J & J 4.50 A rlington Co— 6s 1925-1941__________F&A 4.40 4.65 R acine Co 6s 1930-1940--J & J 5M s Sch B ldg ’32-’54-F& A 4.40 B risto l 5 M S Sch ’34-’53______ 4.75 Superior 4M s Sch ’25-’4 4 -J & J 4.60 C h arlo ttesv ille 5s 1962--M & S 4-5) W ausau 4M s ’26-’3 3 ____A&O 4.55 W ood Co— 5s ’28-’29-’31 A&O 4.40 5s W ater Im p t 1958__ J& J 4.40 5s 1934_______________ A&O to 4% D an v ille— 4s R efg 1931--J & J 4.40 5s 1937 a n d 1938______A&O to 4% 4 Ms R ef A ug 1942____F&A 4.35 4.25! 5s W at Im p 1925-28__ J& D WYOMING 4 50’ 4.35 F a irfax Co 4M s 1945--F& A 2 4.50; 4.35 H enrico Co Sch 5s ’30-’50 J& J 4.80; 6s P u b B ldg 1925-28___ Ju ly 4.3 . Lee C o u n ty 5s 1926-41— J & J C heyenne 5s ’31 op ’l l - .F & A 4 4.35 L y n ch b u rg—-5s 1926 o p t_ J& J 4 N a tro n a Co S D N o 2 4M s R ef J u n e 1 1 9 2 7 --J& D 4.35 5s 1928-1944 ------4-35' 4.35 4 M s P u b Im p t 1939__ J & J 4.35' S heridan— 4.35 4 M s P u b Im p t 1946__ J & J 6s F u n d M a r 15 1952-M & S 4.35 4 M s W a te r 1951______ J & J 4.30: 4s R ef O ct 1934_______ J& J to to to to to to to to A sk. 3. 3. 3. 3. 3. 3. 3. 3. To N e t. 4.50 4.50 4.50 4.70 4.60 4.45 4.45 4 .3 5 4.35 4 .3 5 4.35 4% 4.45 4.70 4.45 4.45 4.50 4.50 4.10 4.20 4.20 4.10 4.20 4.05 4.10 4.10 4.10 4.10 4.35 4% 4M 4M 4Vs 4.35 4.70 to 4.60 % 4.70 to 4% 5 4.75 5 5 5 5 4.65 4.65 4.65 to 4.65 % to 4.85 % 4.85 5 to 4.90 % 5 4.70 4.70 4.35 4.35 4.35 4.35 4.35 4.35 5 4.25 4.25 4.25 4.25 4.25 4.40 4.40 5 4.75 4.75 4.75 4.75 4.20 4.05 4.45 4.50 4.55 4.70 4.75 4.50 4.50 4.60 4.80 4.40 4.40 4.20 4.15 4.15 4.15 4.15 4.50 4.80 4.80 to 4.40 % 4.25 4.25 4.10 4.10 4.05 4.05 4.05 4.05 4.05 4.05 4.05 4.05 4.10 4.40 4.15 4.10 4.20 4.20 3.25 4.25 4.25 4.25 4.50 5 4.85 4.85 BANKS AND TRUST COMPANIES. Quotations In this department are given per share, not per cent, except for stocks of Canadian Institutions, and are as near as possible for the closing day of the month 'preceding date of issue, though often are nominal. An asterisk (•) denotes sales. Figures of deposits, capital and profits for the national banks are from the Comptroller’s last call; for all other insti tutions they are the latest obtainable, direot returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. A L A B A M A — N a t i o n a l b a n k e D e c . 3 1 ; S ta te i n s tit u tio n s D e c . 3 1 . C a p ita l. S u r p lu s A P r o f its . C ro ss D e p o s its . C A L IF O R N IA — (C o n c lu d e d ) S u r p lu s P ar. B id . B irm in g h a m — A m er T r A S av B k . B lr m ln g ’m T r A S . F i r s t N a ti o n a l B a n k T ra d e rs N a t B a n k . 3 1 .0 0 0 .0 0 0 1 , 000.000 1 ,5 0 0 ,0 0 0 2 5 0 .0 0 0 $ $ 7 5 2 ,1 0 7 1 3 ,5 4 2 ,5 2 0 8 5 1 ,7 5 1 1 9 ,4 3 2 ,7 1 0 3 ,2 0 2 ,9 2 5 3 9 ,8 1 1 ,1 1 9 123 ,0 5 1 3 ,4 9 5 ,9 6 9 100 100 100 100 225 250 400 M o b ile — F ir s t N a ti o n a l B a n k M e rc h a n ts’ B a n k . . P e o p le ’s B a n k ____ 3 0 0 ,0 0 0 1 ,3 5 6 ,9 8 7 1 4 ,4 9 8 ,0 1 4 5 5 0 ,3 6 9 9 ,2 0 9 ,0 6 1 2 8 3 ,6 4 2 4 ,2 1 3 .9 2 4 100 100 100 520 300 140 M o n tg o m e ry — E xchange N a t B an k F ir s t N a ti o n a l B a n k F o u r th N a t B a n k . . A la b a m a B k A T r C o U n io n B k A T r C o . 3 0 0 ,0 0 0 t. 000,000 5 0 0 .0 0 0 3 0 0 ,0 0 0 Per s h a r e . 200 Per 200,000 d 3 0 0 ,0 0 0 7 3 ,2 0 9 5 1 4 .9 1 3 2 7 2 ,2 1 5 5 9 .6 7 4 1 3 0 ,3 9 4 10 0.000 1 ,9 1 3 .3 0 5 6 .2 3 9 .4 8 1 5 ,7 9 3 ,7 4 1 2 ,2 0 1 .1 5 6 9 1 5 ,3 5 4 A sk . 100 100 100 100 100 250 260 425 225 sh are. 550 325 145 P er s h w e . 110 115 153 137 104 217 157 142 106 225 A R IZ O N A — N a t i o n a l b a n k a D e c . 31: S ta te i n s tit u tio n s D e c . 3 1 . P h o e n ix — C itiz e n s S t a t e B a n k C o m m e rc ia l N a t B k N a t B k o f A r iz o n a . P h o e n ix N a t B a n k . P h o e n ix S B k A T r . T a lle y B a n k _______ Per 7,171 4,791 2 1 4 ,36S 205,729 269,173 100,000 5 0 0 .0 0 0 4 5 1 ,0 1 4 4 ,7 0 5 .4 7 7 5 ,3 8 2 ,2 8 4 3 ,2 2 9 ,8 3 1 3 2 6 ,6 9 8 1 1 ,2 8 9 ,2 4 1 1 5 0 .0 0 0 200.000 200,000 100,000 7 3 0 ,0 0 0 share. 100 too 100 100 A R K A N S A S — N a t i o n a l b a n k s D e c . 3 1 ’ S'a<e in s tit u tio n s D e c . 3 1 . L ittle R o c k — A m e r S o u th T r C o . C a n t r a l B a n k _____ E n g la n d N a t B a n k . E xchange N a t B an k P e o p le ’s S a x B a n k . B a n k e rs T r u s t C o . . E xchange T ru s t Co O n io n T r C o _______ W B W o r th e n C o _ „ P in e B lu f f — C o tto n B e lt S A T C o N a t B a n k of A rk _ . K e rc h A P la n t B k P e o p le s S B A T r C i S im m o n s N a t Ban> P er 3 4 0 .0 0 0 2 0 ,0 0 9 ,6 4 2 4 " ,9 3 8 8 4 6 ,7 7 4 1 0 9 ,8 4 6 2 ,5 3 2 ,7 0 7 2 2 7 ,1 2 1 5 ,7 5 4 .2 1 6 6 7 ,9 3 0 2 .7 4 9 .3 3 0 127,041 1 0 ,4 1 7 ,0 6 1 8 5 ,7 5 2 1 ,4 1 8 ,4 7 8 4 1 8 ,6 9 9 9 ,8 3 n ,4 3 7 358,257^ 3 ,3 4 8 ,4 3 3 | 1 , 000,000 200,000 3 0 0 .0 0 0 3 0 0 .0 0 0 200,000 3 0 0 ,0 0 0 10 0,000 5 0 0 ,0 0 0 200 000 7 5 .0 9 9 167 6 2 5 2 9 5 .8 0 9 7 0 .9 1 7 4 0 3 ,8 8 9 10 0,00 0 10 0.00 0 175 000 10 0 ,0 0 0 200,000 1 .0 9 6 .1 4 0 2 425 000 3 ,1 1 0 ,0 0 0 8 8 3 .3 4 5 5 ,1 2 3 ,7 2 4 sh a re 25 100 100 25 100 100 L o s A n g e le s B an k of A m e r ic a .. C it iz e n s ’ N a t B a n k C J m m e r c la l N a t B k C o n ti n e n ta l N a t ___ F a rm e rs A M er N a t F i r s t N a ti o n a l B a n k C a l if o r n ia B a n k ___ M e rc h a n ts ’ N a t B k N a t C it y B k o f L A C a l if o r n ia T r u s t C o S e c u r i ty T r A 8 B k H e ilm a n C o m T A S C itiz e n s T r A S B k . P a c ific N a ti o n a l B k P a c iflc -S ’w .T A S B 0 8 N a tio n a l B a n k U n io n B a n k A T r _ . O a k la n d — C e n tr a l S a v B a n k . . C e n tra l N a t B a n k . F arm e rs A M er S av O a k la n d B a n k C o m i n ’l T r A S B k . P asadena— C e n tra l N a t B a n k . C it iz e n s S a v in g s B k C o m ’l B k o f P a s a d . F l r s t N a ti o n a l B a n k P asad en a N a t B ank S e c u r i ty N a t B a n k . F irs t T r A S av B k S a c ra m e n to — C a lif o r n ia N a t B k C a p ita l N a t B a n k C a l if o r n ia T r A 8 B F a rm A M eob B k . . M e r c h N a t ’l B a n k . N B D O M ills A C o P e o p le ’s B a n k . . . S a n B e rn a rd in o A m e ric a n N a t B a n k C a l if o r n ia S t a t e Bk S a n B e rn N a t B k _ . S an B ern C o S av B k S a n D ie g o — F irs t N a tio n a l B ank F ir s t T r A S a v B k . S a n D ie g o T r & S B k S ecur C om m A S B . U n io n N a t B a n k ___ U n ite d S t a t e s N B k U n iv e r s it y A v e B k . S o u th e r n T r A C o m m e rce B an k 200,000 100 25 25 100 160 260 225 145 265 165 265 235 150 275 5 2 .5 6 1 1 2 ,3 6 8 ,7 4 1 Per s h a r e . 1 7 2 ,1 4 0 1 .3 0 0 .0 0 0 4 .0 0 0 . 020,00 1 6 .9 0 9 8 5 2 .4 8 6 1 .0 0 0 . 000 4 5 ,0 1 4 5 0 0 .0 0 0 2,000.000 2 ,1 8 0 .0 7 5 3 .5 0 0 .0 0 0 3 ,8 5 4 ,7 6 6 1 ,5 7 4 ,0 0 3 3 .0 0 0 . 000 1 .5 0 0 .0 0 0 1 ,3 8 1 ,9 ) 6 1 .0 0 0 . 0001 9 0 ,6 9 9 1 3 9 ,2 6 8 5 0 0 .0 0 0 8 .2 5 0 .0 0 0 6 ,3 7 1 ,2 6 0 2 .5 0 0 .0 0 0 1 .1 2 7 .3 9 0 2,000.000 1 ,6 7 5 ,6 5 3 2 7 0 .9 7 2 1,000,000 6 .9 0 0 .0 0 0 6 ,6 2 9 ,2 0 7 1 4 6 ,7 8 5 5 0 0 .0 0 0 1 .3 0 0 .0 0 0 4 2 8 ,5 9 2 8 0 0 ,0 0 0 3 0 0 .0 0 0 1 .5 0 0 000 5 0 0 .0 0 0 1 ,4 4 0 ,8 1 9 2 8 .8 8 8 .7 5 4 1 ,3 7 6 ,7 6 6 2 0 .5 5 2 ,0 0 4 1 4 0 ,0 0 6 4,84 2 ,6 8 9 921 3 3 ,6 1 9 846 3 8 ,8 5 6 , 2,20 100.000 3 0 0 .0 0 0 8 0 0 .0 0 0 5 0 ,4 2 7 1 6 4 ,2 3 8 1 1 ,4 2 4 1 7 6 ,9 6 8 3 2 .3 0 7 1 0 7 ,2 4 0 3 1 7 ,1 7 4 000.000 3 5 6 .7 5 1 3 0 0 .0 0 0 100.000 4 0 0 .0 0 0 100.000 143 318 220 5 0 0 .0 0 0 4 5 0 .0 0 0 350 000 200.000 5 0 0 .0 0 0 8 0 0 .0 0 0 288 1 5 0 ,0 0 0 7 6 ,8 9 2 1 1 8 .201 3 2 1 ,0 5 0 2 9 0 ,0 8 1 250 156 338 " 345 140 188 200 100 100 250 240 2 ,8 4 1 ,6 0 1 100 100 .10 0 ____ 100 100 1 ,6 6 1 ,9 5 1 3 ,1 8 9 ,5 3 1 1.000.000 3 6 5 ,0 9 9 1 9 ,1 2 7 .7 7 4 io n 180 2 5 0 .0 0 0 200.000 100.000 share. 100 225 175 300 150 150 150 180 A P r o f its . C r o ss D e p o s its . P ar. B id . A sk. P er sh a re 1 ,6 9 2 ,5 3 4 6 0 ,4 5 6 ,3 2 5 100 030,70 7 0 ,5 7 1 107191 0 5 2 9 ,0 8 5 ,6 3 4 8 3 ,1 1 8 ,8 6 4 7 ,7 7 8 ,6 9 5 3 2 8 9 6 3 919 100 100 100 140 183 230 292J4 2 1 3 ,8 6 4 1 7 ,2 3 2 ,4 5 6 4 ,0 3 2 ,2 5 5 1 1 8 ,7 1 3 3 .3 1 7 ,2 1 7 7 ,6 1 8 .6 7 5 4 5 ,3 4 5 ,1 7 5 166 2 4 2 ,8 8 6 2 .5 2 1 ,4 6 6 100 1 ,6 1 0 ,2 2 9 1 2 8 ,7 6 1 ,1 1 4 100 000 7 7 8 ,4 0 4 1 1 7 ,3 8 5 ,0 7 7 100 3 ,0 0 0 ,0 0 0 9 2 .9 1 7 ,1 7 0 1000 000 1 ,1 4 3 .3 0 8 2 5 .5 1 2 ,0 4 1 100 603.023 1 9 ,8 1 4 ,4 8 1 1 2 0 ,7 3 7 5 ,7 9 1 .3 7 7 1 3 8 .9 7 8 8 ,3 7 4 ,3 3 1 io o 1 9 6 ,3 5 1 2 ,5 8 2 .8 8 0 1 6 7 ,0 5 9 3 ,0 7 3 ,7 0 0 10 2 110 224 170 — 100 100 209 226 267 000 5 8 ,9 1 6 7 ,9 0 5 ,9 7 7 1 1 2 5 1 3 249 1 ,7 3 3 .4 1 9 5 3 ,1 0 1 ,4 3 4 4 ,9 2 1 ,4 1 6 :1 4 4 4 3 3 102 9 0 8 ,7 4 1 1 2 3 .6 3 6 ,6 1 0 1 ,0 2 6 ,6 7 6 4 2 ,9 2 0 .4 1 0 204 160 ............ ■ 56 100 P er 4 1 2 ,8 0 5 6 7 5 ,0 0 3 4 1 ,9 4 5 2 7 8 .7 0 5 2 7 6 ,0 5 9 5 ,4 4 1 ,4 1 0 7 ,7 0 9 ,6 2 5 1 ,3 5 8 ,1 2 7 2 ,7 6 8 ,0 2 0 1 ,7 1 3 ,9 9 6 322,830 517,670i 415,005* 1,029,3211 6 4 ,4 5 8 ’ 4,169,957 6,581,847 1,913,629 7,104,160 1,458,288 215 272 155 X sh a re. 100 100 100 100 80 100 C A N A D A —S ee la s t p a g e . C O L O R A D O — N a tio n a l b a n k s D e c . 3 1 ; S ta te in s t i t u t i o n s D e c . 3 1 . Per C o lo r a d o S p g s .C o lo r a d o S a v B a n k C o lo r a d o S p g s N B . E xchange N a t B ank F ir s t N a ti o n a l B a n k C o lo T i t l e A T r C o . D en v er— A m e r ic a n N a t l B k . B ro ad w ay N a t B k . C e n tra l 8 B k A T r . C o lo r a d o N a t B a n k D enver N a t B an k . D ro v ers N a t B a n k . F ir s t N a ti o n a l B a n k G lo b e N a t B a n k ___ I t a lia n - A m e r B a n k . P io n e e r S t a t e B a n k S to c k Y a r d s N a tB k U S N a ti o n a l B a n k . G u a r d ia n T r u s t C o . H o m e S av A M er c h a n t s ’ B a n k ___ I n te rn a tio n a l T r C o L e a d v ille — A m e r ic a n N a t B a n k C a rb o n a te N a t B k . P u e b lo — F i r s t N a ti o n a l B a n k W e s te r n N a t B a n k . P u e b lo S a v A T r C o 2 0 8 ,6 9 2 1 0 4 ,4 1 0 2 0 2 ,5 5 3 3 5 3 ,1 5 0 9 1 ,0 7 9 5 0 ,0 0 0 100.000 3 0 0 .0 0 0 3 0 0 .0 0 0 1 5 0 .0 0 0 2 ,0 8 8 ,9 9 1 2 ,0 3 2 .0 3 0 5 ,2 2 5 .5 2 9 6 ,5 9 2 ,9 6 3 1 ,7 6 7 ,1 5 9 aha 100 100 100 100 100 P er sh a re. 2 5 0 .0 0 0 5 5 0 .0 0 0 2 4 0 .0 0 0 5 9 9 ,8 3 0 1 0 ,0 3 4 ,8 1 0 3 8 ,9 4 2 3 ,0 1 7 ,4 6 7 1 4 8 ,2 6 6 7 ,4 0 6 ,0 4 1 2 ,2 0 6 ,4 0 0 3 2 ,7 0 8 ,7 3 7 1 ,2 7 0 ,4 0 7 3 8 ,0 3 6 ,2 2 6 4 1 ,0 1 7 1 ,4 7 0 ,2 6 3 1 ,7 9 1 ,6 0 1 3 9 ,8 0 0 ,8 8 3 6 1 ,3 4 4 1 ,8 5 7 ,0 2 8 412 5 4 2 ,5 5 8 1 5 ,5 0 0 1 ,2 7 4 ,5 4 3 1 2 ,9 9 8 2 .0 6 6 .9 5 5 1 ,2 1 2 ,3 2 8 2 1 ,1 5 3 ,8 2 2 2 7 ,0 9 5 : 9 6 8 ,7 6 9 3 2 5 .0 0 0 5 0 0 .0 0 0 1 9 0 ,8 5 7 1 4 ,2 9 7 ,2 4 1 1 ,4 1 7 ,5 4 1 1 5 ,5 4 6 ,8 2 5 100 100.000 100,000 5 4 2 ,0 7 7 2 5 ,5 5 0 2 9 ,3 7 5 | 1 ,0 1 5 ,9 3 5 100 100 5 0 0 .0 0 0 1 0 2 5 ,3 6 6 1 5 ,2 2 2 ,7 8 2 2 ,0 3 7 ,7 0 8 4 ,1 8 3 ,7 8 5 100 5 0 0 .0 0 0 200.000 5 0 0 .0 0 0 1,000.000 1,000.000 200.000 1 ,5 0 0 ,0 0 0 200.000 100,000 100,000 100 100 100 166 C lo s e d 100 100 Per .1 5 2 ,1 7 2 100.000 100.000 l 2 5 6 ,2 9 9 C O N N E C T I C U T — N a tio n a l b a n k s D e c . 3 1 ; S ta te i n s tit u tio n s D e c . 3 1 . 606,251 1 2 5 ,0 0 0 200.000 sh a re. 200 100 100 100 100 100 100 100 5 0 0 .0 0 0 220 100 180 100 215 6 8 7 .6 9 1 15 6 8 1 .3 5 1 2 3 0 ,2 3 7 3 ,8 3 8 ,8 3 6 8 7 3 .3 9 8 8 ,7 1 9 ,6 3 7 7 6 ,5 1 4 2 ,4 2 1 ,9 8 4 6 8 ,4 9 9 2 ,4 ) 0 ,1 7 3 2 0 ,5 0 6 1 ,8 6 3 ,1 4 9 3 0 ,4 5 6 1 ,4 2 9 ,5 5 6 1.000,000 295 5 ,2 9 5 ,3 1 1 1396.436 1 3 9 ,0 0 0 1 ,1 4 8 ,6 3 4 3 3 4 ,3 3 4 100.000 100.000 100,000 230 115 400 380 Per • S a l e p r ic e . a E x - r i g 'i t s . 4 O c t 10 1 9 2 4 , .» J u n e 30 1924. 1 0 ,0 8 4 ,7 3 5 4 3 ,3 1 2 .5 3 6 100 1 4 ,8 2 3 ,7 9 0 100 6 ,9 9 3 ,9 6 3 100 4 5 ,1 6 4 ,9 3 8 100 8 5 ,5 6 6 .8 0 8 100 7 0 ,5 2 0 .9 4 2 100 4 8 ,0 4 5 ,6 1 0 100 8 .4 6 7 ,7 6 7 b 12354503 ____ 200 5 7 8 603 100 7 1 ,6 2 8 ,1 6 5 100 4 5 ,5 1 4 ,8 1 6 100 4 ,9 4 7 ,8 2 0 170130 678 100 3 ,9 8 9 ,2 0 4 100 1 2 ,2 0 9 ,4 5 3 Per 1,000,000 S a n F ra n c isc o — A m e r B a n k o f S . F . 4 .7 5 0 .0 0 0 A n g lo L o n d o n - P a r is N a ti o n a l B a n k - . 5 .0 0 0 . B a n k o f C a lif . N A . 8 .5 0 0 .0 0 0 B a n k o f I t a l y _____ 1 7 .5 0 0 .0 0 0 B a n c a P o p o la re 1 .0 5 7 .0 0 0 F u g a z l __________ B r lt- A m e r B a n k ___ 1.000. C a n t o n B a n k _____ 6 0 0 ,0 0 0 C r o c k e r N a t B a n k . 2,000.000 6 5 0 .0 0 0 D o n o h o e - K e lly B C o F ir s t N a ti o n a l B a n k 3 .0 0 0 . F r e n c h - A m e r B a n k 1 .2 5 0 .0 0 0 T h e S a n F r a n B a n k 1.000. H u m b o ld t B a n k ___ 1.200.000 I ta lia n - A m e r B a n k 1 .5 0 0 .0 0 0 L i b e r ty B a n k _____ 1,000.000 M is s io n S a v B a n k . 5 0 0 .0 0 0 200.000 T h e M is s io n B a n k . P a c if ic N a t B a n k . . 8 0 0 ,0 0 0 W e lls F a r g o B a n k A U n io n T r u s t C o . 9 ,0 0 0 ,0 0 0 A n g lo -C a ltf T r C o 1 ,5 0 0 0 0 0 5 .5 0 0 .0 0 0 M e r c a n t ile T r C o . F ir s t F e d e r a l T r C o 1 .5 0 0 .0 0 0 U n ite d Bk-A T r C o 4 .5 0 0 .0 0 0 S an Jo se— 3 0 0 .0 0 0 B a n k of S a n J o s e . . F lr s t N a ti o n a l B a n k 500 000 3 0 0 .0 0 0 G r o w e r s B a n k ____ 100.000 S e c u r ity S a v B a n k . 100,000 S e c u r ity S t a t e B a n k S to c k to n — 4 0 0 .0 0 0 C it y B a n k _________ 6 )0 ,0 0 0 C o m m ’! A S a v B k . 200.000 F ir s t N a ti o n a l B a n k 5 0 0 .0 0 0 S to c k t o n S A L B k . 2 5 0 .0 0 0 U n io n S a fe D e p B k P er sh a re. 25 C A L I F O R N I A — N a t io n a l b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c . 3 1 . F re sn o — F i r s t N a t B a n k ____ C a p ita l. 250 200 310 175 175 200 200 B rid g e p o rt— C it y N a ti o n a l B a n k F ir s t N a ti o n a l B a n k B r id g e p o r t T r C o . . A rn e r B a n k A T r C o C o m m ’l B k A T r C o N o rth E n d B k A T r W e s t S id e B a n k . . . H a rtfo rd — C it y B a n k A T r C o C o n n R iv e r B k g C o F ir s t N a t lo n a l B a n k H a r tf o r d - A e tn a N B M e rc h a n ts B k A T r M u tu a l B k A T r C o P h o e n ix N a t B a n k . S ta te B an k A T r C o U n ite d S t a t e s S e c ty T r ____ ____ . H a r tf o r d - C o u n T r C o ______________ P a rk S t T ru st C o .. R iv e r s i d e T r u s t C o T r a v e le r s B A T r C o N ew H a v e n — A m er B ank A T r Co B w ay Bk A T r C o . C itiz e n s B k A T r C o F i r s t N a ti o n a l B a n k M e c h a n ic s ’ B a n k . . M e rc h a n ts N a t B k . N ew H a v B k N B A N a tT ra d e s m B k A T r S econd N a t B a n k .. Un A N H av T r Co P er sh a re ^ 1 .1 5 0 .7 2 1 9 ,6 0 7 .5 9 5 1 ,7 7 5 ,6 0 5 1 7 ,9 4 4 ,1 4 9 6 7 3 ,8 5 8 9 ,1 1 9 ,8 6 2 1 7 0 ,3 8 7 5 ,2 2 7 ,2 8 6 1 0 3 ,5 2 4 1 ,2 0 0 ,8 4 8 8 6 1 ,0 0 0 6 2 ,1 9 6 8 6 ,0 1 2 2 ,1 2 0 ,4 7 1 100 100 100 100 100 100 215 265 170 180 125 125 140 100 420 30 200 100 100 100 100 100 100 240 318 4 0 0 ,0 0 0 7 8 5 .4 2 7 1 7 .7 6 9 .7 3 4 7 3 2 ,3 1 4 4 ,5 3 1 ,0 4 4 1 ,3 5 8 ,9 9 4 9 ,2 4 3 .0 5 3 3 .4 7 5 .0 2 8 1 8 ,4 2 9 .0 8 0 5 2 5 ,0 0 0 4 0 ,0 0 0 7 4 ,2 2 7 2 ,4 5 9 ,8 7 0 1 ,4 9 1 ,1 6 3 1 5 ,8 5 2 ,9 1 0 9 5 5 ,9 3 3 8 ,2 8 3 ,4 2 0 1 , 000.000 7 4 6 ,5 6 4 1 0 ,3 0 8 ,9 1 8 1 , 000,000 1 . 000.000 1 , 000,000 200.000 3 0 0 ,0 0 0 10 0,00 0 10 0,00 0 7 0 0 .0 0 0 1 5 0 ,0 0 0 1 ,1 5 0 ,0 0 0 2 , 000.000 10 0,00 0 3 0 0 ,0 0 0 1 . 000.000 2 , 000,000 2 ,8 8 1 ,2 5 1 1 9 ,0 9 3 ,4 6 5 10 0,00 0 d 1 1 4 ,9 4 4 2 ,3 4 6 ,4 5 5 3 6 5 ,7 4 4 3 0 6 ,7 4 5 1 5 0 ,0 0 0 10 0,00 0 10 0,00 0 200.000 1 3 0 ,0 0 0 1 . 000,000 3 0 0 ,0 0 0 5 0 0 ,0 0 0 1 , 200,000 5 0 0 ,0 0 0 7 5 0 ,0 0 0 6 5 0 ,0 0 0 2 ,6 3 4 ,9 2 8 4 ,5 3 0 ,5 7 9 1 4 1 ,4 9 5 2 ,5 0 9 ,2 7 9 1 0 9 ,3 7 4 2 ,6 9 3 ,0 3 8 * 9 ,9 3 1 5 5 5 ,4 3 5 1 ,3 7 4 ,2 7 4 1 5 ,0 1 9 ,9 1 2 1 , 0 00,000 1 5 ,5 5 1 ,7 5 0 5 0 0 ,4 5 9 8 ,1 5 4 ,8 3 5 2 ,0 8 1 ,9 1 8 7 ,2 5 5 .7 0 6 6 5 7 ,5 5 4 3 ,4 4 0 ,8 3 4 1 ,2 1 5 ,2 5 4 9 ,2 2 9 ,0 7 0 1 ,1 0 0 ,8 7 1 1 0 ,3 1 1 ,1 9 8 t C a.M tai 'a n> n e t n c r e a ie d . • E x - d i v id e n d h in c lu d e s T r u s t F u n d s , « D v j . 2 1924. I M a r c h 31 1 9 2 4 . 6 T r u s t A s s e ts . 225 270 180 185 135 142 Per s h a r e . _____ 325 120 300 450 100 a 3 5 0 100 100 100 100 460 285 425 P er sh re. 100 165 125 130 10 U 100 105 100 200 60 200 50 77 100 100 100 100 2 10 175 79 178 210 295 c In c lu d e s F irs t F e d . T r. C o . s to c k . 56 BANKS AND TBUST COMPANIES CONNECTICUT—(Concluded) C a p ita l. S u r p l u s <Sc G ro ss D e p o s its . P r o f it s . I L L I N O I S — N a t io n a l b a n k s D e c . 3 1 ; S ta te in s t i t u t i o n s D e c . 3 1 . P ar. Asfc. B id . P er sh a re. Norwich— $ $ i Merchants’ Nat Bk 100,000 86,117 534,634 100 100 110 Thames Nat Bank. 1 .000,000 732,832 2,629,970 100 125 130 58,772 723,375 100 100 105 Uncas Nat Bank__ 100,000 Bankers Trust Co. _ 100.000 33,208 889,225 125 125 130 Per sh a re. Waterbury— Citizens’ A Manufacturers’ Nat Bk 600,000 302,181 6,361.204 100 175 Waterbury Nat Bk 500,000 501,494 3,664,177 50 78 Colonial Trust Co. 500,000 1,280,000 8,230,879 100 410 Merchants Tr Co.. 400,000 413,353 5,477,711 100 250 Waterbury Tr Co. _ 300,000 197,944 3,778,400 100 160 DELAWARE—N a i i o n a l b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c . 31. P er Wilmington— Central Nat Bank. 210,000 207,553 2,177,137 100 127 Farmers’ Bank___ 500,000 1,190,037 13,348,110 50 122 Industrial Trust Co 1,250,000 263,302 1,986,215 50 60 188,047 1,528,715 100 197 Nat Bk of Delaware 110 ,0 00 Union Nat Bank__ 203,175 820,881 3,748,526 25 10 1 Delaware Trust Co 900,000 322,927 6,969,525 100 1 10 ■qultable Trust Co 1 ,000,000 845,354 5,351,206 100 263 Security TAS D Co 600.000 939,066 6,424,811 100 281 Wilmington Tr Co. 2 ,000,000 1,444,485 17,620,192 50 117 DIET. O P C O L U M B IA — N a t. Washington— Citizens 8av Bank. 300,000 Columbia Nat Bank 250.000 Commercial Nat Bk 1 ,000,000 Bank of Com A Sav 100,000 Departmental Bank 103,860 District Nat Bank. 550,000 Farm Sc Mech Nat- 252,000 Federal American Nat Bank____ 1 .200,000 225.000 Liberty Nat Bank.. 500.000 Lincoln Nat Bank. 300.000 Merch Bk Sc Tr Co 1 ,000.000 Mt Vernon Savs Bk 160,000 Nat Bank of Wash. 1,050,000 Nat Capital Bank. 200.000 Nat Metrop Bank. 800.000 Peo Comm Sc Sav. 100,000 Biggs Nat Bank... 2,500,000 ieoond Nat Bank.. 500.000 •ecur SavACom Bk 200,000 Washington Sav Bk 100,000 Aner Secur Sc Tr Co 3,400,000 Continental Tr Co 1 ,000.000 Nat Sav &Tr Co.. 1 ,000.000 Munsey Trust Co. . 2 ,000,000 Union Trust Co... 2 ,000,000 United States S Bk. 100.000 Wash Loan A Tr Co 1 .000.000 sh are. 130 129 62 205 115 120 270 292 125 ban ks D e c . 31; other in s te . D ec. 3 1 . 80,504 1,138,716 383,166 3,500,247 437,733 14,052,818 115,537 1,432,955 42,546 556,759 486,642 7,512,244 398,447 3,409,466 875,866 11,589,079 112,620 4,565.418 193,533 2,902,376 558,040 6,064,569 273.613 7,463,189 96,190 2,896,177 923 08 9,618,330 298,436 1,633,419 1,046,739 16,672.385 d4,781 340,545 1,786.640 32,984,117 362,923 5,355,851 180,886 4,496,730 32,026 552,915 3.001.600 28,134,300 156,742 3,288,087 2.307,902 10,520,143 699,404 5,319,149 825,609 6,729,834 181.524 2.096.238 1,973,149 12,670,610 Per %hare . ____ ----295 156 165 100 100 10 2 10 165 190 200 ICO 239 100 233 100 174166 369 ___ 134 140 . _ ___ -- -100 225 225)4} 100 209 ----100 294 __ _ ,_. 160 352)4 353)4 100 185 100 285 21)0 160 324 329 100 87)4 100 425 100 175 180 350 __ 100 400 425 FLORIDA— N a t . b a n k s D e c . 3 1 ; ta te in s t i t u t i o n s D e c . 31. Per share Jacksonville— Atlantic Nat Bank. 1.400.000 632,911 30,548,558 100 160 200 Barnett N B of Jack 750.000 821,766 18,136.876 100 94,492 1,613.691 Citizens Bank___ — 50,000 ....... Florida Nat Bank.. 500.000 578,073 18,739.853 *165 4 3 ,975| 2,291,074 People’s Bank. _ . 100.000 Tampa— Citizens Bk Sc Tr._ 1,000,000 861,666 15,326,788 100 40.353* 1,735.335 Bank of Commerce 200.000 Exchange Nat Bank 500.000 4 8 4 .6381 9,026.473 "165 ......... ....... 000 483.063 11,832.494 100 — First National Bank 1.000 1160 e75,000i 1,303.743 First Sav &Tr Co.. 500.000 Nat City Bk,Tampa 500.000 141,4341 2,848,312 QBORQIA—N a t i o n a l b a n k s D e c . 31; S ta te i n s tit u tio n s D e c . Atlanta— 350,000 100 e58,000 American S a v Bank 200,000 Atl A Lowry Nat Bk 4,000,000 3.5 1 0 ,8 9 2 48,115,984 100 Citizens &Sou Bk 3,000,000 2 ,6 93,775 55.343,331 : Fourth Nat Bank. . 1,200.000 2,336,327 32.107,257 100 Felton Nat B a n k . . 750.000 337,958 9,426,553 100 Ga Sav B k A Tr Co 500.000 375.586 2,702,827 100 Atlanta T r u s t Co.. 1,500,000 572,832 4,964,069 100 Trust Co of Georgia 2,000,000 1,501,449 4,357,911 100 Augusta— 309,950 8,259,565 100 1,000,000 Citizens &8 ou Bk. 3,000,000 2,693.775 55,343.331 t 231,169 3,239,492 100 400 000 94,021 1,517,397 100 Union Sav Bank__ 100,000 Columbus— Col Sav B k Sc T r Co 250,000 227,998 2,832,148 100 146,603 1,436.154 100 300.000 Fourth N a t B a n k .. 78.009 1,420,009 100 Home Savings Bank 100,000 275,000 1,650,000 100 200.000 Merch Sc Mech B k . First Nat B k of C ol. 200,000 246,033 1,319,214 100 TturdNationalBank 500.000 527,328 2,433,040 100 Macon— Bibb N a tio n a l B an k 200,000 100.000 1,309,000 100 Citizens A Sou Bk 3,000,000 2,693,775 55,343.331 t Fourth Nat B a n k . . 500.000 654,175 10,965,395 100 194,954 2,381,119 100 Macon Nat Bank.. 150.000 Savannah— Citizens’ A Sou B k . 8,000.000 2,693,775 55,343.331 100 136,140 1,405,000 100 250,000 Exchange B a n k __ 536,867 3,580,465 100 Liberty B k A Tr Co 300,000 772,229 4,795,390 100 SavannahBk A T rC o 700,000 95,931 1,001,277 100 Citizens’ T r u s t Co. 300.00C IDAHO—N a tio n a l b a n k s D e c . 31. Boise City— Boise City Nat B k . First Nat of Idaho. Pacific Nat Bank.. 250,000 300,000 300.000 234,290 318.472 113.300 4,378,503 10c 6,544,478! 10C 2.945,933 100 a D e c . 31 1 9 2 4 . b C a p i t a l to b e I n c r e a s e d . * E x . d iv . S e p t . 14 1 9 2 3 . t D e c . 31 1 9 2 3 . • C o n s o lid a tio n . [ V ol. 120, 31. P er sh a re. 100 272 245 325 130 185 145 280 P er 240 105 140 Per 150 130 145 195 145 150 Per 99 245 198 198 Per 275 250 330 ' 135 200 143 282 sh a re. 250 155 share. 160 132)4 150 200 150 155 share. 100 250 200 sh a re. 200 125 175 ________ 110 ___ 175 '_ !____ C a p ita l. Aurora— t A u ro ra N a t B a n k . . F ir s t N a tio n a l B an k A m erican N a t B an k M e rc h a n ts N a t B k . O ld Second N a t Bk A u ro ra T r & S ay Bk 100.000 100,000 100,000 300.000 200.000 200.000 G ro s s S u rplus dk D e p o s its . P rofits. $ 297,509 183,369 321,171 266,389 297,307 218,440 P ar. AsA B id . N om in a l. 2,410,034 3,638,118 2,498,767 2,618,239 2,322,948 2,099,895 100 435 100 3 3 5 100 3 7 5 100 200 100 100 2 1 5 450 350 400 200 22o P er s h a 't Chicago— Aetna State Bank.. 200.000 137,727 3,746,453 100 180 1 9 0 Albany ParkNat Bk 200,000 81,422 2,895,177 100 165 | Alliance Nat Bank. 200,000 84,646 3,470.510 100 160 Atlas Exch Nat Bk. 200,000 60,447 2,370,577 100 125 1 Austin State Bank. 3 0 0 .0 0 0 267,170 6,022,200 100 225 Boulevard Bdge Bk 4 0 0 .0 0 0 150,850 8,740,129 100 180 Bowmauvllle Nat’l 150 of Chicago__ 200.000 49,329 3,779,906 100 103 10 6 Broadway Nat Bk. 200,000 41,505 1,320,981 Calumet Nat Bank 300.000 162,150 8,358,922 '165 ^ 2 5 0 ___ 179 100 Capital StateSavBk 300.000 76,700 3,903.548 Central Mfg Dls Bk 300.000 633,671 8,412,199 100 3 7 0 3 9 0 Citizens State Bk__ 500.000 341,315 8 ,2 6 0 ,7 0 0 100 <285 Cont &Comm N B 25,000,000 2 0 ,7 1 4 .7 3 4 4 1 8 3 0 0 446, 100 3 3 7 3 4 0 Cosmopolitan St Bk 7 5 0 .0 0 0 3 9 2 ,0 5 6 1 0 ,3 9 9 ,1 8 4 100 1*0 2 0 0 Depositors State Bk 350.000 253,6871 5 ,4 5 3 ,9 3 9 ' 1 0 ) 190 205 Division State Bank 200.000 1 2 0 ,7 6 1 2 ,1 7 0 ,9 5 0 100 135 Douglass Nat Bk.. 200,000 2 2 .9 9 1 9 7 8 .3 1 9 100 105 Drezel State Bank- 350.000 3 5 2 ,6 4 2 8 ,6 1 8 ,2 3 9 . 100 2 3 0 2 4 0 Drovers Nat Bank. 1 ,000,000 4 7 9 ,0 6 2 2 0 .5 9 8 ,6 4 5 ! 100 200 2 0 5 First Englewood 170 State Bank... _ 200.000 9 2 ,9 0 9 l 3 ,4 7 2 .3 3 6 ! 100 5164 First National Bank 12,500,000 1 7 ,6 7 8 ,9 9 5 2 5 6 0 5 2 527! 100 490 4 9 8 First Nat Englew’d 200.000 6 4 4 ,2 1 0 7 ,2 7 8 .7 5 1 ! 100 3 9 0 4 1 5 Foreman Nat Bank. 4.000. 000 4 ,5 0 9 ,5 8 8 6 4 .6 7 8 ,3 3 0 100 4 09 Fullerton State Bk. 200,000 1 0 8 ,4 0 2 , 2 ,9 1 1 ,6 0 6 100 175 Garfield Pk St S Bk 300.000 80,293 5.513,087; 100 195 205 Halsted St State Bk 200.000 202,179 3,384,0071 100 |2 3 5 - - H1U State Bank__ 200,000 71,254 2,132,162 100 191 2 0 0 Humboldt State Bk 200.000 79.703 3,477.074 100 Hyde Pk State Bk 300.000 319,423 4,861.910 100 2 2 5 200 Independ’e State Bk 200.000 45,982 4,619.321 260 Trvlng Park Nat Bk 200.000 160,530 4,399.792 200 ISO Jefferson Park Nat. 250.000 100.938 3,506,650 210 135 Kaspar Amer St Bk 1,600.000 495,391 17,547,581 ___ : 250 Kenw’d Nat’l Bk. 300.000 321,518 5,515,908 .. . 165 Lake View State Bk 300.000 148,995 7,285,337 Lawndale Nat Bank 250.000 155,728 5,976,760 100 375 Lawndale State Bk 500.000 175,254 4,691,037 135 140 Lincoln State Bank 400.000 66,592 3.189,771 Logan So St ASa Bk 200.000 60,302 2,541,270 * 1 9 6 * ' 200 Mad A KedStateBk 1 .000 . 000 421.850 10,602,546 140 130 Mad Sq State Bk.. 300.000 52,401 2,096,113 125 115 Market Trad St Bk 4 0 0 .0 0 0 110,240 3.018.280 140 135 Motrop State Bk 200.000 117,160 2,646,002 199 205 Nat Bk of Republic 4.000. 000 1,499,243 80,339,703 150 Nat Bk of Woodl’n 300.000 78,372 3,134,878 173 177 National City Bank 2 .000 . e000 l , 653,306 38.183,191 ] 134 Nat Bk of Com’ce 6 0 0 .0 0 0 282,678 7,136.467 ; is o North Ave State Bk 200,000 151,303 8,178,607 i 208 Noel State Bank. . 1 ,000,000 267.675 8.640.747 100 Ogden National Bk 200,000 50,854 1,308,813 100 People’s Stock Y'ds i ” _ P h illip S ta te B A T Pioneer T rA S a v Bk R eliance S ta te B ank R o selan d S ta te 8 B Schiff T r A S av Bk 2d N W S ta te B k. S econd S e c u rity Bk 1,000,000 425,510 133,594 292,164 163.102 200.000 166,240 4 0 0 .0 0 0 101,533 200.000 81.211 3 5 0 .0 0 0 237.205 7 5 0 .0 0 0 483,919 6 0 0 .0 0 0 494.500 7 5 0 .0 0 0 305,239 200.000 116,396 2 .5 0 0 .0 0 0 6,334,952 1 .3 5 0 .0 0 0 624,606 3 3 7 .5 0 0 216,933 2 5 0 .0 0 0 28,283 200.000 45,833 5 0 0 .0 0 0 383,576 200.000 150,283 3 0 0 .0 0 0 97,341 6 0 0 .0 0 0 267,093 200.000 5 0 0 .0 0 0 5 0 0 .0 0 0 16.075,131 3.312,185 7 854,191 8 627,162 4.349.176 5,613,250 2,335.851 5,440,015 7,832.141 7.538,124 10,410.853 3,101,342 52,780,428 19,676,338 9,870,935 1,978,785 1,776,249 8,867,903 2.905.079 2 ,5 /3 ,1 9 0 10,474,300 ! 265 161 230 _______ 250 275 160 230 300 30) _____ ] 340 350 " --- 260 So C h icag o S a v Bk 210 218 S o u th S ide T r A S a t 143 S o u th w e st S ta te Bk ! 555 570 S ta te Bk of C hicago 290 280 S tock Y a rd s N a t Bk S tk Y d s T r A S a v Bk I.............. 455 :---------- ---- ' T r a n s p o rta tio n B k. _______ 26th S t S ta te B ank 210 U nion B an k of C hic 210 U nited S ta te B a n k . 160 150 U u S ta te Bk of C hic 250 W a s h in g to n P k N B k ........... W est E n v lew o o d — 300 290 T r u s t A S av Bk 500.000 291,364, 5,342,210 2 ,0 W est T o w n S ta te B k 300.000 163,440 5,040,281 237 C e n tra l T r C o of I I 1 6 .0 0 0 . 000 4,023,570 97,692,037 2 3 4 375 385 Chic C ity Bk A T rC o 500.000 1,090.083 8.578,176 180 C h icag o T r u s t C o . . 1.500.000 1,031,323 25,227,756 C itiz en s T r A Sa Bk 200.000 54,673 2 ,5 5 9 ,8 3 ) 5 .0 0 0 . 000 11,013,914 94,022,727 _______ 360 D ro v e rs T rA S a v Bk ........... 250.000 485,153 7,984,299 200.000 103,777i 1.309.533 135 > , 12S E q u ita b le T r u s t Co 250.000 71,593| 2 774,103 135 ) 125 400.000 81,187! 4,220.013 F id e lity T r A S Bk. 125 )| 115 F irst T r A S av B k. 3 250,000 10,229,948 117864 030 _______ 000!651,422 10,752.264 F o re m a n T r A S Bk 1.000. I 200 F r a n k lin T r A S Bk 300.000 ........... 503,435] 5,100,119 O re e n eb a u m Sons’ 440 1 425 1.500.000 1,330.758 24,346.498 B an k A T r u s t Co 235 i245 300.000 284,059; 2,896,954 G u a ra n te e T r A Sav 390 000| H a rris T r A S av Bk 3 .0 0 0 . 4 ,7 3 9 ,4 /4 62,560.148 100 3 8 0 270 000 : 545.935 8,938,362 100 260 H orne Bk A T r C o . 1 .000 . 481 100 477 Illinois M e rc h T rC o 15,000,000 35,095,667 389754 933 140 200,000 55,837 1,651,567 100 130 K e y sto n e T r A Sav 200.000 118,613 3,420,925 100, 175 Kirn bell T r A S B . . 230* 500.000 226,485 5,708,230 100 220 L a k e S hore T rA S B 500.000 753,521 12,081,512 100 325 L akevlew T A S Bk 225 191,912 9,499,120 100, 200 500.000 L ib e rty T r A S B k . 200 200.000 161,711 3,536,024 100 185 L incoln T r A S av B 400.000 225,443 9,488,350 100; 210 M erca n tile T rA S av 230 750.000 288,123 13,660,540 100 j 220 M id -C ity T r A S Bk 402 N o rth e rn T r C o __ 2.000.000 5,306,142 57,097,700 100 397 820,312 18,829,505 100' 315 N o rth w ’n T r AS Bk 1 ,000.000 711,185 19,089,804 100: 250 P eople’s T rA S a v B k 1,000,000 500.000 426,5611 8,115,029 100 220 P u llm a n T rA S a v B k 230 331,043 9,470,791 100 225 500.000 S h e rid a n T r S av B k 198,771 4,604,373 100 200 I .. 200.000 Sou W est T r A S a v . 180 940,504 14,671,863 100 170 S ta n d ’d T rA S a v Bk 1,000.000 190 176,342 2,694,980 100 175 200,000 S to c k m e n ’sT rA S B k U n io n T r u s t C o ___ 2.000.000 3,73*,253 64,751,711 ] 100 435 255 262,855 14,013,791 100 245 700.000 W S ide Tr A S av Bk 265 289,3S0 8,946,748 100 255 500.000 W o o d la w n T rA S B k ____ e M a r . 31 1924. d Dec. 31 1924. s Oct. • f u u e 30 1 9 2 4 . t I n c lu d e s t r u s t d e p o s it s , 10 1924. 0 Capital paid In authorized amount is larger. t B r a n c h of S a v a n n a h . k N ew s t o c k . I L ast s a le . A p r il , 1925.] IOWA—(Concluded) ILLINOIS—(Concluded). Elgin— C a p ita l. S u r p lu s A P r o f it s . G ro ss D e p o s its . $ $ $ P ar. P er 100,001 200,000 150,000 100,000 150.000 100.000 70,740 184,282 284,019 70.000 259,625 172,399 1 231 486 2,062,1 22 2,283 620 1 ,100 oon 2 4.27 .501 1,748,120 10( 100 100 ion 100 100 ______ . ______ C e n tra l N a t B a n k . C o m m e r c ia l N a t B k D im e S a v A T r C o . F ir s t N a t i o n a l B a n k H om e S av A S ta te , S ta te T r A 8 a v B k . M e r c h a n t s A 111 N B F ir s t T r A S a v B k 300,000 750.000 250,000 550,000 250,000 40 0 ,00C 500.00C 20 0 .00C 663,526 1,612,922 330,391 1,017,818 173,423 178,284 723,306 453,324 5,604,289 7,762,573 3,042,910 7,046,431 3,358,340 1,743,862 6,632,520 3,274,888 100 100 100 100 10C 10C 10C 10C 325 340 375 350 185 130 275 300,000 500,000 500,000 2 0 0 ,00C 1.000,000 159,647 140,423 84,374 135,091 652,900 3,204,694 4,887,752 3,789,781 2,534,228 7,900,054 100 100 10C 10C 100 175 130 130 167 190 Quincy— Illin o is S t a t e B a n k Q u ln c y -R N B A T r S ta te S t B k A T r C o M e r c a n t ile T r A S B B ta te S a v L A T r C o A sk. B id . E lg in N a t B a n k ___ F ir s t N a ti o n a l B a n k H o m e N a t B a n k ___ U n io n N a t B a n k . _ E lg in C i t y B ’k ’g C o H om e T r A Sav Bk Peoria— sh are. 350 345 400 360 195 132)4 285 Per s h a r e . 185 140 150 175 200 Rockford— C o m m e rc ia l N a t B k F o re s t C it y N a t B k M a n u f ’r s N a t B a n k P e o p le s B k A T r C o R o c k fo rd N a t B a n k S e c u r ity N a t B a n k , S w e d is h -A m N a t B k T h l r d N a tio n a l B a n k 20 0 ,00C 300,000 400,000 250,000 750,000 200,000 125,000 500,000 67,994 292,112 507,426 213,123 829,469 70,705 237,603 358,939 807,009 3,214,485 3,637,808 2,838,891 8.153.512 1,171,511 2,911,355 4,072,352 100 100 100 100 100 100 100 100 Springfield— F ir s t N a tio n a l H an k Illin o is N a t B a n k . . R ld g e ly - F a r m ’s S B S p ’g fle ld M a r in e B k H irst S t a t e T r A S a v 500.000 300,000 600.000 500 000 500,000 212,348 5,756,988 129,318 4.317,928 287,601 7,314,749 509,738 6,784,595 317,539 5,110,871 100 100 100 100 100 Evansville— Terre Haute— F ir s t N a ti o n a l B a n k M c K e e n N a t B an k T e r re H a u t e N a t B k C itiz e n s T r , C o . . . T e rre H a u te T ru s t U n ite d S t a t e s T r C o 600 000 100,000 500.000 200,000 100,000 500,000 250,000 250,000 100.000 100,000 363,556 9,237,664 56.503 1.353,968 208,616 7,551,013 50,367 2,028.310 48,031 1,292,293 185,103 7.675,585 184.889 4,260.948 173,561 2,880,014 70,013 1,109,927 5,569 382,378 Council Bluffs- C it y N a ti o n a l B a n k C o m m e rc ia l N a t B k C o u n B lu f f S a v B k F ir s t N a t i o n a l B a n k S t a t e S a v in g s B a n k Davenport— A m er C om S av B k . F ir s t N a t i o n a l B a n k Home S a v B a n k ___ Iowa N a t l o n a l B a n k Security S a v B a n k . S c o tt C o S a v B a n k . A m e ric a n T r u s t C o Union Dav TAB. C it iz e n s ’ T r A S B k 100 10C lU u 100 100 100 100 100 100 100 115 225 200 200 275 135 250 175 1 .0 0 0 .0 0 0 300,000 500,000 3 0 0 ,0 0 0 225,000 200,000 500,000 200,000 500.000 534.965 370 821 578,801 210,220 41.251 50.000 217,491 3 5 6 ,2 1 ) 732,872 12,661,871 6,507,026 8.018.337 4,450.000 1.513.625 1,576 000 4,497,824 2,908,728 13,045,981 400,00" 157.141 4.550.622 3.000,001 609.383 32.237.670 3.000.000 2,574.926 30.707,472 200.000 90.39 2 1,313,820 l 250.00* 1,737,331 1 l.i>39,419 200 000 467,122 4,915.445 l 000,000 79,552 4.399,422 100.000 122.00S 2.556.123 250,000 36,497 2,370,133 250,000 112.297 3,303.638 150.000 103.788 1,902,503 300,000 215.695 1,510,691 100.000 100,000 1,917,588 1.500,000 740,805 18.630,746 1 ,0 0 0 .0 0 0 1,180,113 9,120,977 750,000 168,7.54 2.028.751 200,000 209,180 4,035,759 600,000 1,532,651 30,185,800 100,000 60.020 2,032,450 100,000 96,534 5,964,005 700 000 500.000 300.000 4 0 0 ,0 0 0 436,920 3.410,079 552,108 3,033.412 310.607 2,319,683 153,055 2,161,141 809,157 7,351,178 318,025 4,349,076 _____ 31. Per 200 170 190 105 125 190 170 175 200 85 220 180 200 115 130 200 185 190 220 90 215 280 300 195 125 140 175 310 310 106 LOO 116 ion 100 252 160 LOO 303 261 100 t ____ m ... 100 100 167 100 108 100 125 100 104 100 210 LOO 154 100 219 100 217 100 85 100 190 100 338 100 150 100 N o m in a l 100 180 100 205 100 210 100 135 100 250 100 150 110 115 227 95 360 t ____ nr 190 210 150 280 10C 31Per s h a r e . 315 300.000 100,000 600,163 4,466.888 72,589 2,270,164 100 300 100 200 210 6 0 0 .0 0 0 100,000 568,813 9,055,293 105,255| 2,206,766 100 200 100 200 210 210 500.000 200,000 200,000 500,000 100.000 200,000 200.000 1:468,304 10,780,119 169.447, 3.651,194 50,527 2,905,978 *02 1 ,8 5 / 12.821,800 51.226 2,093,979 160,000 2,950.000 158,414 3,555,471 100 235 100 190 100 180 100 300 100 125 100 225 100 207 250 200 200 350 150 250 120,000 100,000 150,000 200^000 50,000 87,674 6,081 203,790 202,239 153,691 2,341,713 798,279 3,831,906 3,895,307 3,322,436 100 100 100 1 ,0 0 0 .0 0 0 200,000 50,000 150.000 150,000 500,000 100,000 1.182.302 273,691 55,144 268,370 140,000 116,000 112,200 868,875 86,920 21.349.775 4,312,563 1,160,210 4,874,251 1,300,000 6,500,000 368,503 11,599,453 1,545,240 100 100 100 100 100 100 8 0 0 ,0 0 0 100,000 B an k ers T r u s t C o . . C ap C ity S ta te Bk C e n tra l S ta te B an k C o m m ercial S av Bk Des M oines N a t Bk Des M o in es 8 B A T H om e S av in g s B ank Iow a T r A S av B k . Iow a N a tio n a l B ank M ech an ics’ S av Bk P eople’s Sav B an k U n ite d S ta te B a n k . U n iv ersity S ta te Bk V alley N a t B a n k . . V alley S a v B a n k . C e n tra l T r u s t C o . . Iow a L oan A T r Co Dubuque— C onsol N a t B a n k . F ir s t N a tio n a l B ank P ioneer T rA S av Bk U n io n T r A S av Bk Iow a T r A S a v B k . S io u x C i t y F ir s t N a tio n a l B ank L ive S to c k N a t B k . T o y N a t B a n k ___ Sioux N a t B a n k __ S e c u rity N a t B an k W o o d b u ry C o S Bk F a rm e rs ’ L A T r Co F ir s t T r u s t A S B k . S u r p lu s & P r o fits . G ro ss D e p o s its . P ar. B id . Per 500.000 200.000 150.000 150.000 300.000 5,436,103 4,713,682 1,188,250 3.434,968 2,612,277 100,000 281,232 95,815 271,137 216,000 138,618 10,592,611 101,579 4,518,006 75,107 4,221,703 109,121 4,708,419 315,000 5,281,865 152,985 3,128,553 110,114 3,198.237 25,252 1,166,265 1,000,000 200.000 200.000 400.000 250.000 100 000 150.000 100.000 A sh . N o m i n a l p r i s (< $ ,885,917 100 ,215,281 100 ,390,228 100 .541,434 100 C los e d . ,866,331 100 940,035 100 ,958,043 100 ,917,156 100 ,940,035 100 ,589,577 100 C los e d . 763,043 100 537,664 __ m 464,484 '166 927,386 100 723,149 100 000,000 037,194 100 $ $ 1.000,000 338 ,845 106 ,571 150.000 250.000 301 203 200.000 *79 356 1.000,000 1,442 198 400.000 rl,1 6 5 145 75 098 100.000 100,000 28 026 1,600.000 rl,1 6 5 , 145 100,000 *38. 423 304, 706 100.000 200,000 *63, 560 50.000 15, 324 500.000 205, 716 165, 366 150.000 500.000 *260, 000 500.000 518, 815 100 100 100 250 no 200 175 Per 100 195 10U 250 100 100 100 100 100 100 109 sh a re. 150 260 175 225 200 sh a ft 195 250 D ec. 31; S ta te in s titu tio n s D e c . Per C o m m e rc ial N a t Bk E x c h a n g e S ta te B k. C o m m e r’l S ta te Bk P e o p le ’s V at Bank R lvervlew S ta te Bk 300,000 200.000 100,000 200.000 100,000 333,281 10,018.534 108,467 2,653.392 83,745 1,399 740 78,428 3.065,142 125,000 2,000,000 B a n k of T o p e k a __ C e n tra l N a t B ank F a rm e rs ' N a t B ank Fidel S av S ta te Bk K aw V alley N a t Bk M e rc h a n ts ' N a t Bk S haw nee S ta te Bk S ta te S avings R ank T o p e k a S ta te B an k C e n tra l T ru s t O o .. P r u d e n tla l T ru stC o W ic h ita C e n tra l S ta te B k .. F irst N a tio n a l B ank F irst T r u s t C o ___ F o u rth N a t B an k . M erch R es S ta te Bk S ta te R aserve B ank S o u th w e st N a t Bk U nio n N a t B a n k __ U n ion S tk Y ds N at W ic h ita S ta te B k ._ 400,000 500 000 100 000 200.000 100,000 200.000 60,000 100 000 50,000 400,000 100,000 286,554 127,800 20,127 12,721 27,603 146.436 21.981 50,000 56,809 160.996 219,964 Topeka — 26 100 100 100 100 100 215 160 210 175 7,657.340 10L 7,061.087 100 1,187.303 100 1,678,632 660,391 4,152.641 100 992.930 100 2,177.425 100 1,818,463 2,080,836 __ 919,012 100 — n !2 ,7 5 5 818,288 100,000 l.OOO.OOU 1,050.000 21.667,951 lo o 503.000 100 100.000 85.000 30 1,588 14,541,397 100 1.000.000 200.000 26.425 1,261,416 100 105.000 5,0 0 0 .0 0 0 500,000 200.000 41.030 1,870,376 to o 27.410 1,195,370 100 200.000 100.000 603,013 100 8,303 100,000 44,350 2 ,282,728 — sh are 190 200 --- „ — 100 275 128 300 159 125 175 150 2<K) 128 125 110 100 100 225 K E N T U C K Y — N a t io n a l b a n k s D e c . 31: S ta te i n s t i t u t i o n s D e c . 31 Covington — P er 253,479 2.313.552 100 190 C itiz e n s ’ N a t B ank 200,000 500,000 427,017 5 ,143,003 100 173 F ir s t N atio n al Bank L ib e rty N a t B a n k . 350,000 139.000 4.180 488 100 120 137,108 1.4 2-5 155 100 175 C o v in g to n S B A Tr 100.000 loo.ooo *133,927 1,538,851 100 115 P e o p le 's S Bk A T r P er L e x in g to n — B an k of C om m erce 300,000 250,000 3 ,067,910 100 160 318.013 2.482,288 100 192 300,000 F a y e tte N a t Bans. 800.000 F irst A C ltv N a t Bk 450,000 3,65 5.640 100 192 300,000 61,811 2,7.58,387 100 131 G u a ra n ty Bk A T r . 467,333 3,81 2,740 100 146 Phoenix N a t B k A T r 1 .0 0 0 .0 0 0 150.000 234,434 1 ,1 6 3 .1 0 ! 100 210 Second N a t B ank . <255,232 1 ,630,348 100 265 100.000 U n io n B k A T r C o. S e c u rity T r C o ___ 500,000 0161,570 2,123,414 100 390 Per L o u is v ille — C itiz e n s ’ U nion N B 1 .0 0 0 ,0 0 0 1,914,401 25.880,613 100 349 F ir s t N a tio n a l B ank 500.000 6 0 0 ,9 0 ' 11,0 )3 ,5 1 7 100 429 500.000 1,074.338 17,091.771 100 475 L ib e rty Ins B a n k . S ic u rtty B a n k ____ 200,000 315.713 2,268,530 100 250 477,592 4,237,536 ; i o o K e n t T i t S B A T Co ;/2 5 0 ,0 0 0 i \ioo \ g 100,000' 221,160 6,670,163 100 150 L in co ln B an k A T r . 750,000 500,000 290,8^8 7,899,847 100 192)4 L oulsv N a t B a n k .. N a t B k o f K entucky 2,500.000 4,677,151 44,571,368 100 340 100 OO'i S tock Y ards B an k . 901,591 100 180 76,358 115 B an k e rs T r u s t C o . . 250,000 27,679 494,086 F id elity A C »lumTi 2,000,000 1,095,055 4 ,445,270 100 205 808 100 344.003 5,0 9 2 .3 5 0 100 2 0 7 )4 L ouisville T ru s t Co U n ite d S ta te s T r Co 350.000 184,207 1,571,508 100 150 Newport— A m erican N a t B ank N e w p o rt N a t B ank sh a re. 250 200 130 180 120 sh are. 195 148 215 275 400 xarc. 355)4 500 260 90 350 190 210 P er s h a r e . 100,000 100.000 LOUISIANA—N a t i o n a l New Orleans— 265 363 280,000 ban ks D ec. 1,446,340 2 ,659,910 31: S ta te 100 100 220 200 in s t i t u t i o n s D e c . 223 31, P e r sh a r e . 5 0 0 ,0 0 0 346,706 4 .7 5 0 .0 0 0 7 5 0 .0 0 0 8 0 0 .0 0 0 1 5 0 0 ,0 0 0 2 .8 0 0 .0 0 0 3,0 5 0 ,6 8 2 955,959 250,410 894,961 2 ,601.725 2 ,661,195 5 ,531,652 ___ 170 ,.......... 275 P er share. P er share. 100 100 100 Oes Moines— KANSAS—N a t i o n a l b a n k s Kansas C ity — 100 210 100 270 100 290 100 190 100 120 100 1 35 100 165 I0 n 300 lo o 300 100 C a p ita l. sh are. Per s h a r e . 500,000 500 000 IOWA— N a tio n a l b a n k s D e c . 31 : S ta te in s tit u tio n s D e c Burlington— A m er S Bk A T r Co B u r lin g to n S a v B k . First Io w a S t a t e Tr Sav B k ____ _____ M e rc h a n ts ’ N a t B k Cedar Rapids— O ed R a p id s N a t B k Odd R a p S B k A T r C o Iowa S t a t e S a v B k . M e rc h a n ts ’ N a t B k P e o p le ’s S a v B a n k . S e c u r i ty S a v B a n k . A m e r Tr A S a v B k . _____ 1 _____ 1 _____ J _____ 1 _____ i _____ ( ...........1 _____ J Per IN D IA N A — N a t i o n a l b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c ll tlz e n s ’ N a t B an k L am asco B a n k ... •ia tlo u a i U lty B ank M e r c a a tlle C o m ’lB k " fo rth S id e B a n k . . O ld N a t B a n k _____ W e st S id e B a n k . . 4m T r A Sav B ank C itiz e n s T r A S B k . F a rm e rs T r u s t Co. Port W a y n e — F ir s t N a t B k ______ L in co ln N a t B a n k O ld N a ti o n a l B a n k C itiz e n s ’ T r u s t C o D im e S a v s A T r C o F arm e rs T ru s t Co L in c o ln T r u s t C o . . P e o p le ’s T r A S a v C o T r i - S t a te L A T r C o I n d ia n a p o lis — C o n ti n e n ta l N a t Bk F le t c h e r - A m N a t Bk I n d ia n a N a t B a n k . L i v e s t o c k B k _____ M e r c h a n t s ’ N a t Bk M e y e r-K ls e r B a n k N a ti o n a l C it y B a n k P e o p le 's S t a t e B a n k A e tn a T r A S a v C o B a n k e rs T r u s t C o ... C ity T r u s t C o _____ F a rm e rb T ru s t C o F id e l ity T r u s t C o _ . F le t c h e r S a v A T r I n d ia n a T r u s t C o S ta te S av A T r C o S e c u r ity T r u s t C o U n io n T r u s t C o ___ W a sh B a n k A T r C o W ild A C o S t a t e B k 57 BANKS AND TRUST COMPANIES T ru st A Sav B k . lt-S ta te T r A B C o N ew O rl B k A T rC o M a r in e B k A T r C o W h l tn e y - C e n t N B H ib e r n i a B k A T r C o W h l tn e y - C e n t T r A S a v in g s B a n k ___ Shreveport— . 2 .000,000 74,470,861 100 14,329,459 lOOi 6 ,678,313 ___ I 26,373.859 100 3 5 ,045.000 100 5 7 ,783,818 100 1.000,000 *1,061,779 22,206,315 237)4 304 138 187 310 325 330 300 | ........... P er sh a re. 100, 000 150, 000 5 0 0 , 000 1,000, 000 200, 000 1,000, 000 3 0 0 , 000 41,553 1,002,438 51,681 2,091,911 437,068 8,1 8 3 ,2 4 9 487,813 16,333,256 12,619 1,466.261 488,615 12,072,016 212,593 4 ,873,128 100 100 100 100 100 100 100, 155 150 320 230 90 320 225 160 160 325 235 100 325 235 • S a le p r ic e , a I n c l u d e s o n e - h a lf s h a r e o f K e n t T i t l e S . B . A T r . c o m , s t o c k . * E x - d l v ld e n d . » A u g . 21 1 9 2 4 . r C o n s o lid a te d s t a t e m e n t . • S e p t . 29 1 9 2 4 . y L a s t s a le , g P r e f e r r e d , b N e w s to c k , c U n if ie d I n c lu d e s C lt z - U n lo n F id . A C o l. T r . t I n c l u d e s T r . d e p o s it s . *' S e p t . 15 1 9 2 4 . k O c t. 10 1 9 2 4 . J P r i v a t e b a n k s , s to c k s c lo se ly h e ld , m I n p r o c e s s o f l i q u i d a t i o n , d J u n e 3 0 1 9 2 4 . * N o v . 12 1 9 2 4 . t S to c k o f C it iz e n s T r . A S a v . B a n k h e l d b y C it iz e n s ’ N a ti o n a l B a n k . 58 BASTES AND TRUST COMPANIES MAINB— N ational banks D ec. 31: State institutions Deo. 31, 1924. C ap ital. B a n g o r— F irst N a tio n a l B an k M e rc h a n ts ’ N a t Bk E a s te rn T r A B kg Co M errill T r u s t C o ___ P o r tla n d — C a n a l N a t B a n k ___ C h a p m a n N a t B an k F irst N a tlo n a l B an k P o rtla n d N a t B an k F id e lity T r u s t C o . . C asc o -M erc ’t i l e T r . F o re s t C ity T r C o . U n io n S D A T r Co U S T r u s t C o ______ $ 400,000 100.000 175,000 500,000 600,000 300.000 600,000 300.000 400,000 500.000 150,000 250,000 200,000 MARYLAND— N ational banks B a l tim o r e — B a lt C o m m ’l B a n k . C a lv e rt B a n k _____ C a n to n N a t B a n k . C itiz e n s’ N a t B an k C o m m o n w i t h B an k D ro v A M ech an ics’ N a tio n a l B a n k . . f a r m A M er N B k . M erc a n tile B a n k . . M e rc h a n ts N a t B k . N a t B a n k of B a l t . . N a t C e n t B k of B alt N a t M a rin e B a n k . . N a t U n B an k of M d Old T o w n N a t B k . P a r k B a n k ________ W est B altim o re Bk W estern N a t B a n k B altim o re T r u s t Co C e n tu ry T r u s t C o . C o lo n ial T r u s t C o . C om m erce T r C o . . C o n tin e n ta l T r C o . ■ q u lta b le T r u s t Co fid e lity T r u s t C o . . M a ry la n d T r u s t Co M erc T r u s t A D e p . Safe D e p A T r C o . . le c u r lty S to r ’g e A T r T itle Q u a r A T r Co U nion T r u s t C o . . F r e d e r ic k — C itiz en s’ N a t B an k O om m ’l S ta te B an k f a r m A M ech N Bk f r e d ’k C o N a t B k . f r’k T o w n S av In s t C e n tra l T r u s t C o ._ S urplus A Profits. Gross Deposits. $ $ 407,584 6,449,871 261,045 2,237,691 939,895 7,559,329 6553,273 10,719,862 542,078 188,884 505,063 859,251 963,757 448,537 42,344 433,300 216,128 3,318,483 4,740,147 8,310,263 9,846,725 15,010,685 10,130.394 1,356,400 2,921,946 2,955,409 Par. Bid. M A S S A C H U S E T T S — ( C o n c lu d e d ) A sk . Per share 100 100 100 100 280 100 100 100 100 100 100 100 100 100 Per 125 140 132 300 220 140 80 300 155 280 400 320 share 130 150 138 350 240 150 350 165 Dec. 31; State in stitu tio n s Dec. 31. 750,000 351,728 9,682,466 200 000 306,291 7,340,399 102,172 2,543,526 100,000 2,000,000 6,400,665 30,270.047 300,000 e205,732 7,105,039 100 50 100 10 50 600,000 650,000 100,000 4,000,000 1,500,000 400,000 400,000 1.000,000 800,000 300 000 100,000 500,000 3.500.000 600,000 300,000 750,000 1,350,000 1.250,000 1.000,000 1,000.000 1.500,000 1.200,000 200,000 400.000 750,000 1,032,339 413,742 373.648 2,657,142 1,235,752 530,276 311,960 948.775 367,690 167,032 114,406 665,722 3,851.640 550.087 168,111 307,336 1,799.402 1,331,891 2,240,744 <4569,283 3,719,437 3.724,469 231,381 527,795 992,670 15,310,501 6,737.848 4,001,503 47,523.378 18,875,996 4,020,288 4,183,685 10,526.310 3.561,364 3,651,353 1,745,332 6,115,739 41,421,300 3,224,088 1.797,731 2,440,735 10,579,447 17,434.048 17,464,008 10,892,132 17,671,178 13,512,770 1,266.040 8,020,505 17,040,101 10 4 2 10 100 100 34 10( 1C 10 25 20 50 100 25 51' 100 25 50 100 50 100 100 100 50 100,000 160,000 125,000 150.000 150,000 275,000 702,637 90,000 245,750 54,070 213,316 524,392 5,980,953 2,586,730 3,100,512 2,129,398 2,895,416 7,246,892 Per share. 135 119 50)4 110 52 ....... 346 56 58 120 150 22>* 23 200 200 215 52 56 188 191 14 20 36 37 11614 117 116 39 57 59 205 52 215 140 282 625 325 150 Per share. 100 750 100 60 25 55 15 20 100 200 50 155 M A S S A C H U S E T T S — N a t. banks (axe. Boston)Dec, 31 State in sts. D ec.31. Boston— A tla n tic V at B k ___ B o sto n M at B a n k . . B ro th e rh o o d of Loc E ng N at B a n k .. C itiz en s' N a t B an x C o m m Sec N a t B k . f e d e r a l N a t B k ___ first N a tio n a l B ank M e rc h a n ts ’ N a t Bk Nat R o ck B k of R ox Nat S b a w m u t B an k N a t U n io n B a n k __ Second N a t B a n k . . W eb & A tlas N B k . A m erican T r u s t Co B k of C om A T r C o B eacon T r u s t C o . . B osto n S Dep_A T r C h arlesto w n T r C o C o lu m b ia T r u s t C o ■ x ch an g e T r u s t C o J a m a ic a P lain T r u s t L ib erty T r u s t C o ._ M a s sa c h u s'ts T r Co N ew E n g T r u s t C o . Old C olo n y T r C o . _ R o x b u ry T r u s t____ State S t T r u s t C o . _ U S Trust C o _____ Vlnthrop Trust Co Beverly— Beverly Nat Bank. Sererly Trust Co.. B r o c k to n — Brockton Nat Bank Borne Nat Bank__ Flym’th C o T r C o . Cambridge— M a n u fa c N a t B ank Cambridge T r C o ._ Central T r u s t C o ._ Harvard T r u s t C o . Bast Cambridge ieohmere N a t B an k Pall Riverfall River N a t B an k Massasolt- P o casset National B a n k . . Hetacomet N a t B k Darfee Trust Co__ fall River Trust... D eposits o / N a t. banks date M ar 25 1925 Per share 4,500,000 3,241,590 83,254.000 100 223 227 200.000 53.920 2.881.000 100 500,000 100.O O oLl.507.197 750.000 487,721 8.007,000 500,000 351.010 5,795,000 1.500,000 150.000 27.978.000 15,000,000 19,223,298 251451000 3,000,000 23,787,089 56.387,000 300,000 806,194 08.850 055 L0,000,000 8,309,796 147237 000 1 ,000,000 1,566.454 13,731.000 2,000,000 4,527,425 36,081,000 1 ,000,000 1,326.837111,815,000 1,500,000 2,742,013,25,792,661 600.000 152,559; c,3,904,325 1 ,000,000 1,941,053 *23434,769 1 ,000,000 3,768.262,16,230.071 200.000 20,775 c 3 ,139,090 100,000 112,353 c2 .616.921 1 ,000,000 1,040,929 cl6635,422 200,000 40,224 c3,.591,270 750,000 756,990 cl 1841,774 1.000,000 791.502 c21305,372 1 ,000.000 2,585.162 25,341,248 7 ,0 00.000 9,785,811 150567995 200,000 *24,574 1.409.392 2,000.000 2,862.255 43.910,023 1,000,000 1,345.659 17.855.825 100,000 76,494 2,073,158 too 115 165 100 ' 303 320 285 2 0 2 \4 200 365 200 375 265 270 420 165 175 185 125 200 125 105 308 300 205 400,000 625,071 6,112,842 100 100 100 100 100 100 100 100 100 100 100 100 100 255 100 100 265 100 340 100 Per 100 155 100 105 Per 100 175 100 165)4, 100 Per 100 100 100 100 Per 100 Per 100 150 850,000 500,000 800.000 200,000 567,016 451.490 848,822 86,2/6 5.740,452 4,311.790 3,903,971 2,715,339 100 100 100 100 150 122 225 105 500,000 500,000 542,974 568,584 4,706,904 6,863,542 100 100 Per share 165 160 175 165 150.000 100,000 200.000 189,665 2,646,520 94,664 1,423,904 235,299 c4 ,701,384 100 100 100 160 4120 225 300,000 100,000 375,843 41,829 600,000 500,000 200,000 620,079 7,823,526 463,253 8,578,458 108,358 c3,505,536 200,000 100,000 200,000 400,000 4 8.000 2,430,000 323,162 5,049.804 903,001 13,201,000 755,483 12,738,755 100,000 151,824 Fitchburg— f Itchb’g B k A T r Co Safety Fund N Bk. 100 100 100 100 100 100 100 100 2,957,690 1,202,190 1,880,134 385 268 275 Qloucmi H D T r Cr» C apital. H a v e r h ill— $ Essex N a t B a n k __ 100.000 F irst N a tio n a l B ank 200,000 H a v e rh ill N a t B ank 200.000 M errim a c k N a t Bk 240,000 H a v erh ill T r u s t C o . 200.000 H o ly o k e — C ltv N a tio n a l B ank 500.000 H o ly o k e N a t B an k . 400.000 P a rk N a tio n a l B ank 100.000 H a d lev F alls T r Co 500.000 L a w re n c e — B ay 8 ta te N a t B k 600.000 A rlin g to n T r u s t Co 200.000 L aw rence T r u s t Co 200.000 M e rc h a n ts ’ T r Co 300.000 L o w e ll— A p pleton N a t B ank 300,000 O ld Lowell N a t Bk 200.000 U nion N a t B a n k . . 350.000 W am esit N a t Bank 250.000 Lowell T r u s t C o . . 2 40.000 M iddlesex N a t Bk 200,000 Lynn— C e n tra l N a t B ank 200,000 M a n u fa c ’rs N a t Bk 200,000 N a tio n a l C ity Bank 300.000 S ta te N a tlo n a l Bank 200.000 Essex T r u s t C o . _ 250.000 L ynn 8 D ep A T C< 100,000 S agam ore T r u s t C<> 125,000 S e c u rity T r u s t Co 200,000 N ew B e d f o r d — F irst N a tio n a l Bank 500,000 M e rc h a n ts ’ N a t Bk 1.000.000 Safe D epos N a t Bk 350,000 Peabody— W arren N a t B ank 200.000 S a le m — M e rc h a n ts N a t Bk 200,000 N a u m k ea g T r C o .. 250,000 Salem T r u s t C o . . . 200.000 S p r in g f ie ld — C h a p in N a t B a n k .. 500.000 C hicopee N a t Bank 500.000 S pringfield N a t Bk 500,000 T h ird N a t B a n k __ 1.000,000 C o m m ercial T r C o. 350.000 S p rin g field 8 D A T 500.000 U nion T r u s t Co 500 000 W est Springfield T r 150,000 T a u n to n — M a c h in is ts ’ N a t Bk 200,000 B rlsto iC o u n ty T r . 300.000 W o rc e s te r— M ec h a n ic s’ N a t Bk 400,000 M e rc h a n ts ’ N a t Bk 1.500,000 B ancroft T r u s t C o. 300,000 W orcester Bk T r Co 1.500.000 M IC H IQ A N — N ational hanks B ay C i t y — 350,006 B a y C ltv B a n k ____ 150,00') B av C o Savs B k. . F a rm e rs ’ S t S a v B k 100,090 300,00" P eople’s C om m er clal A S av B ank 4 0 0 .0 0 D e tro it— A m er S ta te B a n k . . 1,500,00 B ank of D e tr o it. 2 000.00 1,000,000 C o m m e rc ial S t d B&. l.OOU.UOO C o m ’w ealth F ed eral S avings B a n k __ 750.00 C o n tin e n ta l B a n k , 700,00" D e tro it S av B a n k .. 1,500,00' D im e S avings B ank 1.500,00 F irst N a tio n a l B ank 5.000 00 F irst S ta te B ank 2 500.00" H lg h l’d P k S ta te B k 1,000,000 M e rc h a n ts ’ N at Bn 2.000.000 2 5 0 OOn 175 183 200 210 105 360 share 160 110 share 125 share share 4225 share .......... 120 Gloucester— Cape Ann Nat Bk. Gloucester Nat Bk. [V ol . 120, N a t Bk of C o m m ’ce P e n in su la r S ta te Bk P e o p le ’s S ta te B ank U n ite d S avings Bk W ay n e O o H o S a v B k A m er T r u s t C o ____ 2.000,00" 2.500.00 5.000.00 750.00 4.000.00" 500,000 500 000 2,000.00 500,00" 300,00" 1.000,00 2.000,00 D e tro it T r u s t C o . . F id e lity T r u s t C o . . G u a ra n ty T r u s t Co S e c u rity T r u s t C o . U ntou T r u s t C o _. G r a n d R a p id s — F o u rth N a t B a n k .. 300,00" G r R ap N a t B ank 1.000,00" G r R ap id s S av Bk 500.00" 250,00" H om e S ta te Bk for S K en t S ta te B a n k .. 500,00" 800,000 O ld N a tio n a l B an k . 300,00" G ra n d R ap T r C o _ . M ichigan T r u s t C o. 1 ,0 0 0 .0 0 " S a g in a w — B an k of S a g in a w .. 1 ,0 0 0 ,0 0 " A m er S ta te B a n k .. 200,000 100.000 P e o p le ’s Sav B a n k . Second N a t B an k . 1,900.000 M I N N E S O T A — N ational banks J u iu th — $ A m er Exch N a t Bk 2 ,0 0 0 .0 0 0 200.000 B k of C o m ’ce A S av C ity V a tional B ank 500.000 200,000 D u lu th N a t B an k _ F irst N a tio n a l B an k 2 , 0 0 0 , 0 0 0 M in n e so ta N a t B k N irthern N at Bank M in n e a p o lis — 6 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 8 0 0 ,0 0 0 F ir s t N a tio n a l B an k 5.500,000 500 00C M a r q u e tte N a t B k . § 6 6 :6 6 6 S urplus A Gross P rofits. D eposits. P a r. $ $ 270,039 2,864.237 217,467 3,536.256 743,767 3,095.684 316.516 1.882.948 121,408 C3.573,400 100 100 100 100 100 351,795 4,355,963 173.384 9,196,033 100.701 1,720.044 372,587 c 8 ,616,223 100 100 100 100 272,026 185.645 304,982 190.000 4 ,987,583 6.969,072 9.464.772 8,355.046 100 100 100 100 312,091 297,113 -9 0 4 626 169 152 112.055 106,676 1,678,597 4,598.084 4,961 111 1,011 ,892 2 901,601 4 593,937 100 100 100 100 100 100 531,756 245,729 301,405 12,261 435.902 462.593 17,614 557,459 6 167 910 4 659,140 5,557.554 1,711.462 3.028.969 4.8 0 2 .0 1 0 1,371,225 8,545.314 100 100 100 100 100 100 100 100 869,737 11,405.400 1.769.734 8,268.629 732,345 8,015,462 100 100 100 B id . Ask. Per share 150 150 150 140 148 140 160 Per 190 145 145 185 Per 125 115 250 112 110 115 share. 195 150 190 share 130 120 255 115 115 150 Per share. 255 152)4 160 90 195 375 93 228 Per share. 290 250 290 a280 Per share. 120 120 Per share. 87 87 175 175 100 218,727 2,879,082 100 317,189 400,344 53,289 3,884,250 6,128,338 2.318,013 50 100 100 592,380 942,311 1.077,074 1,808.943 175.011 1,594.571 1,776.684 104,141 7.273.253 10.381.087 12,509.548 16.481.547 3,864,051 9,832,656 13,789,978 1,653,660 100 100 100 100 100 100 100 1,569,021 4,397,787 100 100 725,333 9 351.976 10" 545,120 787,15 ) 92 4,053 200,670 C25147 267 C44037 774 *27920 851 c 5 ,612,396 10 10 300 225 Pe sh a r • 189 158 10 115 *225,804 187,060 160 240 264 295 130 145 355 485 110 Per share. 120 Per share. 792.218 14,593,024 100 225 §56 1,198,299 24,767,561 100 190 125 107.903 2,243 889 100 1,904,234 32 159 313 100 215 Dec. 31; State m ti utions Dec. 31. P a - share 200 262,886 4,707.565 100 170 _____ 181.925 6 ,1 8 1 ,2 )0 t o o 75,0 n 1,490,000 100 150 175 390,747 7.273,857 100 1 239,18 ) c l 1289 562 40,009 c 2 ,812,720 2.490.901 c33740 008 3,102,522 <-52778 160 5,860,465 104743 203 874.800 c l 7572 383 1,353.092 c24 5 tS 5 4S 1,705,495 28 28S.558 45,957 3,038.244 2 777,177 54,771,804 1,877.377 c3 10s) 1,674 10,817.621 <■1252)7010 395.136 c ll3 7 9 940 8,165.462 C91392.251 1 0 0 ,0 15 <71,477,920 41 1,608 4,7 4 4 ,2 3 ) 913241,347 220,814 g 1,333,705 324.2 16 9767.880 2.0 18,080 96.019,44 ) 1,512,746 917617,423 101 138 100 10' 295 100 307 io u 300 10< 134 245 10 212 100 10 290 10" 217 100 445 10U 225 100 410 to o 100 10 342 10 100 100 195 10" 342 t o o 255 Per 210 339.880 4,362,272 10 494,920 12,687,054 i o o 135 535,073 c 2 0 0 5 0 443 100 260 63,438 e3,259.58S 100 145 1,284,715 C20018.500 LOO 200 1,280,380 12,033,007 100 220 9423,958 100 218 2 )4 .8 8 0 708,506 9808,623 100 L98 Per 1,031,162 17,732.076 to o 215 192,755 c 4 ,477,036 100 225 131,802 c 2 .102.933 100 223 1,280,380 13,244,736 100 235 Dec. 31; State institutions Dec. 31 Per 8 , $ 1,337,092 14,698,054 10C 180 9 1 1 ,48C 1 0 0 105 43,439 511,892 5,464,169 100 210 78,836 1,611,501 100 145 2,136,219 20,863.704 10( 225 3,574,814 6,467,808 10C 100 135 190 111,382 1,885,975 5,407.148 96,278,982 234,814 10,239,042 33,000 1,000,000 10( 100 10C 245 _ . 165,435 441,062 120 140 100 260 305 200 ____ share. ____ 145 275 ___ 240 225 204 share. 220 235 235 240 share 110 Per share. 250 250 •S a le price, b Sept 30 1924 » Ex-dividend. * Last sale, o New stock issued g Includes trust deposits, o D ec. 31 1924. e Includes savings deposits. dOct. 2 1924 t June 30 1924 * Sent 14 1923. E t rUnts. r March 31 1924. n Nom inal. $ Defalcation $7Q,QQ Q. « O ct. 10, 1924t'Stock practically all held by Union Safe Deposit A Trust Co. t A pril, 1925.] BANKS AND M I N N E S O T A (C o n c l.y — N a t . b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c . 3 1 . C a p ita l. M i n n e a p o l i s (Co n .) » M e r c a n t ile S t a t e B k 2 5 3 ,0 0 0 M a r c h A M lr s S t B k 100.000 M s tr o p N a t B a n k 5 0 0 .0 0 0 M id la n d N a t B a n k 1 . 0 0 0 . 00 C M in n e a p o lis T r C o . 1 , 000,000 N o r th w e s t N a t B k . 4 .0 0 0 .0 0 0 U n io n S t a t e B a n k . 100,030 M a rq u e tte T r C o . . 200,000 M in n L ’n A T r C o . 1 , 000,000 W e lls -D ic k e y T r C o 5 0 0 ,0 0 0 S t. P a u l— A m e ric a n N a t B a n k 4 0 0 ,0 0 0 f i r s t N a ti o n a l B a n k 3 ,0 0 0 ,0 0 1 M e r c h a n t s ’ N a t B k 2 , 000,001 N at E xchange B ank 3 0 0 ,0 0 1 S t P a u l S ta te B k . . 100,000 P a y n e A v e S ta te B k 12 0,00 0 ■ lo c k Y a r d s N a t B k 3 5 0 ,0 0 0 T w in C itie s N a t B k 200,000 M e rc h T r A 8 a v B k 500.001 C e n tra l T ru s t C o . 200.000 N o r th w e s te r n T r u s t 1 . 000.000 M I S S I S S I P P I — N a tio n a l b a n k s Jackson— C a p i ta l N a t B a n k . 200.000 F ir s t N a ti o n a l B a n k 100,000 J a c k s o n - S ta t e N B k 200.000 M e rc h B k A T t C o . 2 5 0 .0 0 0 V ic k s b u rg — A m er B a n k A T r C o 1 5 0 ,0 0 0 011 Ire n s ' N a t B a n k 100,000 F ir s t N a t l o n a l B a n k 3 0 0 ,0 0 0 M e rc h a n ts’ N a t B k 2 5 0 .0 0 0 N a t C ity S a v B k & T r u s t C o ________ 100,000 N a t P eon 9 R U . T r io n non S u r p lu s A P r o f it s . C ro ss D e p o s its . $ $ P ar. B id . P er *50 T B T JS T C O M P A N I E S A sk. M O N T A N A — N a tio n a l b a n k s D e c . 3 1 ; S ta te i n s t i t u t i o n s D e c . 3 1 . , 8 u r p tu « dt • t tr a s s D e p o s i t s . P a r . B id . C a p ita l. | P r o fits . A sk . share. B u tte — P er s h a r e . i $ ! $ S 7 0 ,0 0 0 2 , 000,000 100 105 95 F i r s t N a tl o n a l B a n k I 300 000' 6 3 3 .4 0 0 1 0 .7 8 2 ,7 4 0 2 7 ,1 1 9 1 ,4 5 8 ,2 4 8 100 175 M in e r s S B k A T r C o 1 200.0 00 7 9 .4 6 3 1 .2 7 7 .1 6 3 2 1 4 ,4 4 3 8 ,6 2 8 ,9 8 8 100 135 142 M e ta ls B k A T r C o 4 0 0 ,0 0 0 1 3 1 3 .0 3 6 1 1 .5 4 5 .9 0 0 100 180 6 6 5 ,8 2 0 2 0 ,6 1 7 ,8 6 8 100 175 1 H e le n a — 1 1 ,0 0 0 ,0 0 0 1 0 ,0 7 7 ,0 9 0 100 2 3 9 .1 6 5 4 .4 0 5 ,2 6 1 10C 1 A m e r ic a n N a t B a n k 200,000 2 ,6 8 6 ,8 1 8 .8 1 ,6 1 5 .0 7 1 100 230 240 10 0,00 0 3 ,5 3 9 ,7 0 4 1 100 N a t B k o f M o n ta n a 2 5 0 ,0 0 0 7 3 ,7 3 6 1 ,8 3 7 ,8 5 2 100 200 M o n ta n a T r A S B k 1 2 4 .8 1 8 1 .9 2 1 .6 9 8 100 1 5 0 ,0 0 0 6 0 ,4 0 5 1 ,7 1 0 ,7 5 6 200 3 0 2 ,5 7 7 3 ,9 0 3 ,5 2 7 1 100 U n io n B k A T r C o . 250 000 1 .4 7 7 .1 9 3 1 2 .2 9 9 .6 4 6 100 N E B R A S K A — N a tio n a l b a n k s Dec. 31; S ta te i n s tit u tio n s D e c . 3 1 . 2 4 3 ,1 2 7 5 ,1 5 1 ,3 3 6 L in c o ln — Per sh are. P er s h a r e . 1 1 9 .8 0 7 3 ,7 3 3 ,5 8 7 100 <170 C e n tra l N a t B a n k 2 1 1 ,6 5 0 1 1 ,0 7 2 ,8 6 0 100 150 160 200,000 C it y N a t i o n a l B an k e l 2 9 ,5 6 6 3 .8 2 0 ,6 4 8 100 3 ,3 5 7 ,7 0 1 6 6 ,3 3 2 ,4 3 5 100 500 000 F ir s t N a ti o n a l B a n k 2 ,1 1 8 ,9 8 4 4 8 ,5 5 3 ,8 6 8 100 225 5 5 6 ,7 1 5 8 .8 42 .0 6 0 100 230 5 2 5 .0 0 0 2 8 7 ,1 0 0 5 ,1 5 8 ,5 4 0 100 N a t B k of C o m m 'c f3 0 0 .0 0 0 1 1 7 .8 6 8 4 ,6 5 1 ,4 6 4 100 90 100 135 5 3 .5 1 3 1 ,4 8 5 ,0 9 8 100 90 L l n c o ln S ta te N a tB k 9 ,5 0 0 2 ,5 5 5 ,3 3 1 100 120 200,000 85 O m aha— 4 1 ,3 1 4 1 ,0 4 2 ,4 2 5 100 11 0 215 F ir s t N a ti o n a l B a n k 1 ,2 5 0 .0 0 0 9 6 3 .7 4 3 2 3 ,8 0 4 .5 7 6 100 200 9 4 ,8 3 8 4 ,4 8 1 ,6 0 3 100 100 115 4 5 ,3 2 9 L iv e S to c k N a t B k 3 9 .3 3 3 4 ,9 8 5 .8 5 0 100 125 8 5 8 ,6 6 9 100 100 110 650 000 4 0 4 ,7 5 2 6 .7 8 0 .8 9 0 100 150 M e r c h a n t s ’ N a t Bk 1 , 000,000 704.4711 1 1 .9 8 4 .8 9 5 100 120 4 4 ,4 5 2 2 . 0 8 1 .1 8 8 1 ____ 340 95 O m a h a N a t B a n k . . 1 , 000.000 1 ,2 0 2 .6 0 1 2 9 .9 8 2 .4 2 8 100 3 2 5 100 3 3 6 ,6 2 6 2 ,5 2 9 ,9 0 4 100 P a c k e rs N a t B a n k . 1 8 1 .4 9 5 4 ,6 7 4.624 100 180 2 0 0 .OOC P e te r s N a t B a n k . . 200 200.000 9 0 .9 8 6 2 .2 0 4 ,9 5 8 100 175 D e c . 31; S ta te i n s tit u tio n s D e c . 31 240 S to c k Y d s N a t B k 8 4 2 .5 9 9 1 0 ,1 6 9 ,0 8 3 100 220 7 5 0 .0 0 0 P er f h a r e . 1 3 1 .5 0 1 5 5 5 6 ,7 2 5 IOO 150 3 0 0 OOC 2 6 0 ,6 1 9 3 ,6 5 1 ,2 7 7 100 IT S N a ti o n a l R a n k i in n n n n 275 7 3 2 ,0 7 0 1 8 .8 7 3 ,9 0 1 m n 266 2 6 0 ,9 5 7 2 ,6 8 7 ,1 0 8 100 N E W H A M P S H I R E —■V-if«#•#»■i a . . . * ..... D e c . 3 1 . 31 "• ” • 9 8 ,7 3 8 1 ,9 8 6 ,8 5 7 4 0 2 ,6 2 8 7 ,0 5 1 ,0 1 2 P er •r ia r e . M a n c h e s te r— I Per s h a r e . A m oskeag N a t B k 200,000 6 9 2 .7 6 9 4 .0 2 3 .6 9 1 100 350 2 5 ,6 1 2 1 ,3 8 0 ,6 8 5 25 25 25 F i r s t N a tl o n a l B a n k 1 .7 9 2 .0 7 6 100 200 1 5 0 ,0 0 0 2 1 1 .7 0 0 54,0 2 1 3 0 9 ,4 5 0 100 105 M a n c h e ste r N a t Bk 1 5 0 .0 0 0 3 5 8 .4 7 2 2 ,5 5 0 .9 1 8 100 250 2 3 0 .5 8 4 2 ,9 7 4 ,6 7 2 100 185 165 M e rc h a n ts N a t B k . 1 5 0 .0 0 0 7 0 ,1 6 9 2 ,1 9 6 .1 6 0 IOO 150 2 8 8 ,751 2 ,0 0 3 ,4 4 7 100 225 N ashua— 225 C it y G n a r S a v B k . 120 8^ ) 0 ,0 00 5 0 .0 0 0 3 .2 0 8 .3 0 9 100 100 6 7 .6 2 5 2 ,8 1 0 ,7 9 4 100 210 2 10 I n d ia n H e a d N a tB k 100.000 2 8 0 .5 7 1 3 .1 5 9 .4 1 4 10(1 250 _____ 1 1 6 .8 1 3 2 .2 7 5 ,6 3 0 100 215 4 .3 5 7 .8 2 7 10 C 170 190 N ash u a T ru st C o .. 200,000 2 9 7 .5 9 2 S e c o n d N a t of N a s h 1 5 0 .0 0 0 250 2 1 8 ,2 4 9 ! 3 ,4 2 8 ,8 0 0 100 250 M I S S O U R I — N a tio n a l b a n k* D ec 31; S ta te i n s tit u tio n s D e c . 3 1 . P o rts m o u th — K an sas C ltj — , P er s h w e is o .o o n F irs t N a t B ank 102 493 1 6 0 8 031 C ity B a n k o f K C _ . 100.0001 2 4 7 .0 1 4 5 ,1 7 7 ,6 6 6 100 3 5 0 N a t M ec A T r a .B k 10 0,00 0 8 1 6 000 53 000 C o lu m b ia N a t B a n k 7 3 .9 4 2 3 ,5 6 9 ,4 2 8 10 C 5 0 0 .00C 100 N e w D a m p N a l Hk 9 3 9 ,1 4 11 1 3 6 .6 2 0 lib e r ty N a t B a n k . 5 0 0 000 1 7 5 ,0 1 0 7 ,6 2 0 .6 2 9 100 135 N E W J E R S E Y - N lf|«m«|f h’t nk Df"* HI; Star* *>*»'»)■« D ec. 31. D r o v e r s ’ N a t B a n k 1.000.00C 2 1 1 ,2 2 5 1 3 ,2 2 6 ,3 6 9 100 100 a s b u rj P ark — Per sn a re. F irs t N a ti o n a l B a n k 1.000.000 3 ,3 3 0 ,9 9 8 5 0 ,7 0 7 ,3 3 8 100 600 650 A sh P k A O c G r B k 4 0 0 ,00U 6 0 0 .0 0 0 6 .0 1 8 .3 2 4 G a te C it y N a t B k . 200 00 C 1 0 3 .6 7 5 4 ,4 3 5 ,0 1 8 100 190 210 M e rc h a n ts N a t B k I n te rs ta te N a t B k . 100 000 5 9 ,7 0 1 1 ,7 2 5 ,7 9 5 500.00C 1 ,0 3 1 .0 9 2 1 3 ,2 0 6 ,8 6 7 in n 400 450 A sb u ry P a rk T r Co L ln w o o d S t a t e B k . 150 000 1 7 4 ,7 0 7 3 ! 1 7 7 ,1 7 0 100,000 9 4 9 ,6 6 7 1 0 C 100 19,5 0 5 115 S eac o ast T ru s t C o 1 7 5 .0 0 0 M a in S t S t a t e B k 3 0 9 ,6 7 0 4 ,4 0 1 ,2 7 6 4 4 ,3 2 9 1 ,8 21,900 1 UO 125 10 0,00 0 A tla n tic C ity — M e rc h a n ts’ B a n k .. 7 1 .1 9 5 2 ,2 8 2 .7 5 0 100 200 200,000 A t l a n tlc C lty N a tB k 200.000 9 2 4 ,3 6 4 8 .3 3 4 .7 7 9 100 M e tr o p o lita n B a n k . 9 5 .4 5 7 2 .8 2 3 .6 4 1 109 168 100,000 175 B o a r d w a lk N a t B k M is s o u ri S a v A s B k 4 0 0 ,0 0 0 7 4 1 ,3 3 5 2 .1 9 6 .5 5 9 100 10 0.00 0 1 5 0 .0 0 0 4 ,1 9 4 ,3 0 0 100 1000 C h e ls e a N a t B a n k . M u tu a l B a n k _____ 200 000 5 2 9 ,2 7 6 5 .4 6 2 .3 6 9 100 500 10 0.000 4 0 ,6 4 5 1 ,4 1 9 ,1 4 0 100 125 135 2 5 0 .0 0 0 S econd N a t B a n k .. 191 688 5 .8 8 6 .9 8 7 N ew E n g N a t B a n k 1.000,000 5 0 0 .0 0 0 ,1 8 ,0 7 0 ,8 3 7 100 135 150 io n nnn 2 2 8 004 2,1 1 2.408 100 P ro d u c e E x c h B a n k 100,ooc 1 1 2 ,2 2 8 2 0 8 3 .9 2 4 100 3 0 0 A tla n tic C o T r C o . 10 0,00 0 1 2 5 .9 4 5 2 .8 2 9 .8 5 8 T ra d e rs' N a t B a n k . 200,000 1 2 4 ,3 3 8 5 .6 5 3 ,8 8 5 100 200 3 o n nun A tla n tic S D A T r C o S to c k Y d s N a t B k . 5 1 4 .9 0 5 6 .1 1 8 .8 3 6 io o 3 0 0 .0 0 0 1 7 0 ,4 9 2 4 ,0 4 1 ,1 4 1 100 220 B an k e rs T ru s t C o .. 10 0,00 0 1 2 8 ,5 7 6 2 ,2 1 7 .5 5 3 U n io n 8 t a t e B a n k . 1 5 0 .0 0 0 5 0 .9 4 5 1 ,4 7 6 ,1 9 7 100 125 150 C h e ls e a S a fe D A T r 8 6 .5 6 5 1 .4 9 3 .4 8 4 W e s te rn E x c h B a n k 10 0,00 0 2 5 0 ,0 0 0 1 5 0 ,8 2 5 3 ,3 1 6 ,1 1 1 100 200 225 263 G u a ra n te e T ru s t C o 6 0 0 .0 0 0 6 5 4 .6 1 3 5 .7 5 6 .2 4 2 W e s tp o r t A v e B a n k 10 0,00 0 6 2 ,1 3 1 1 .4 1 9 ,0 4 9 100 175 200 E q u ita b le T r u s t C o C o m m e rc e T r C o . . 8.000.000 2 ,4 2 4 ,3 3 2 9 5 ,9 8 6 ,1 1 2 1 0 C 2nn 200.000 2 4 8 361 4 .3 7 0 .7 7 7 202 200,000 F e d e ra l T r u s t C o . . M a r in e T r u s t C o . . 4 2 0 .2 4 2 4 ,5 2 9 .1 3 8 io o 200.000 4 5 .1 8 2 2 .2 2 6 ,5 4 3 100 100 115 B ayonne— F id e lity N B k A T r 2 . 000,000 7 3 7 ,0 7 6 3 1 ,6 0 7 ,5 3 1 100 168 172 3 0 0 ,2 2 7 7 .3 0 8 .2 0 5 100 190 B ayonne T ru st C o. 3 0 0 .0 0 0 H o m e T r u s t C o ____ 200 3 0 0 .0 0 0 1 1 1 ,9 7 9 5 ,2 6 1 ,0 1 7 10 U 165 5 0 0 ,0 0 0 50 125 M e c h a n ic s ' T r C o . . 5 0 8 ,4 7 3 9 ,5 0 9 ,2 8 5 130 M e r c a n t ile T r C o . . 1 2 2 ,5 5 7 2 ,2 5 5 ,6 0 8 lOn 350 200,000 B rid g e to n — P e o p le s T r u s t C o . . 5 0 0 ,0 0 0 5 1 ,5 5 6 6 ,4 8 9 ,6 0 9 100 175 B r id g e to n N a t B k . 10 0.00 0 2 8 9 .7 8 6 2 ,3 9 7 .6 0 9 100 * 4 1 5 P io n e e r T r u s t C o . . 2 6 7 .5 0 0 3 9 2 ,3 0 3 3 ,2 7 9 ,5 8 9 100 270 280 5 5 7 ,3 5 9 2 .6 9 4 .8 8 4 100 550 C u m b e r la n d N a tB k F id e l i t y S a v s T r C o 1 5 0 ,0 0 0 550 2 5 0 .0 0 0 2 2 5 ,2 6 3 4 ,9 6 7 ,8 0 3 m n F a rm A M er N a tB k 1 5 0 .0 0 0 W a lto n T r u s t C o . . 1 6 1 ,2 4 5 1.3 4 3 .5 6 2 IOO 235 233 200 2 5 0 ,0 0 0 2 5 0 ,9 3 6 1 ,9 1 0 ,4 6 1 100 200 1 5 0 ,0 0 0 S t. J o s e p h — Per s h a r e . C u m b e r la n d T r C o . 2 1 5 .9 7 4 1 ,6 4 9 ,7 3 8 100 310 310 Per s h a r e . C am den— A m e ric a n N a t B a n k 200.000 3 2 5 .0 0 0 9 .6 0 0 ,0 0 0 100 350 C am den N at B ank. 1 0 0 , 00(1 5 3 4 .4 7 7 5 ,8 4 0 .2 3 4 100 •4 0 0 B jr n e s N a t B a n k . . 1 7 0 ,9 5 9 4 ,9 7 5 ,2 2 3 100 200,000 1200 • • r a t N a ti o n a l B a n k F i r s t N a t S t a t e B k . 1 , 0 0 0 . 00(1 1 .2 9 4 .1 8 2 1 7 .3 0 3 .5 6 2 100 *300 J* 5 0 0 .0 0 0 4 5 8 ,1 6 7 8 .5 1 1 ,5 5 1 100 175 200 25 * 1 2 2 Y t C am den S D A T Co S t J o s S tk Y d s B k . 5 0 0 .0 0 0 1 ,2 9 3 .4 6 3 1 2 .5 1 5 ,6 7 2 3 5 0 .0 0 0 1 7 6 ,6 6 3 4 .8 3 0 .3 7 6 100 ro o tle -L a c y N B k . B ro a d w a y T r u s t Co 250 000 3 7 5 .7 3 7 5 ,2 8 1 .9 9 2 to o •2 5 2 200,000 2 4 8 .0 7 9 9 .3 6 3 ,5 2 8 in n B a rtle tt T ru st C o 25 *106 C e n tra l T r u s t C o .. 100 000 4 6 7 .2 13 3 .4 2 7 ,1 0 4 10 0.00 0 1 8 4 ,8 1 5 3 ,7 2 2 ,0 0 2 100 200 350 1 0 8.071 1 .7 8 7 .2 6 0 100 *200 B uchanan Co T r Co 100,000 10 0.00 0 E a s t E n d T r C o ___ 3 519 9 3 2 ,7 3 8 100 1 9 5 .5 7 0 3 .5 2 8 ,5 5 9 100 *250 E m p ir e T r u s t C o . . 200,000 M e rc h a n ts ’ T r C o 200.000 55 135 2 .4 0 7 ,3 4 8 100 150 160 201 .601 2 ,5 9 7 .7 1 7 100 *250 10 0.000 F ir s t T r u s t C o . . 132 013 2 ,6 2 6 ,1 4 2 100 175 P a r k s id e T r u s t C o . 10 0,000 200 S e c u r i ty T r u s t C o . 10 0,000 4 4 5 .1 13 4 .5 4 4 .3 0 7 100 * 5 0 0 M is s o u ri V al T r C o 10 0.00 0 103 233 1 ,7 3 6 ,4 7 1 100 175 200 200,000 S t. L o u is — Per s h a r e . W e st Je rse y T r C o . 4 6 0 ,7 0 3 3 ,9 3 2 ,0 2 7 100 * 425 B a l e n B a n k ______ 1 3 4 .0 0 0 2 , 10 0.000 100 E ast O ran g e— 290 000 10 0,00 0 9 2 9 ,9 5 9 100 B a t m e n ’s B a n k . . . 2,000.000 1 ,1 5 0 ,5 9 2 2 5 ,8 2 2 ,9 0 5 100 143 2 1 .9 9 3 145 B « m e n B a n k ____ 200,000 E a s t O ran g e B a n k . 2 5 0 ,0 0 0 8 1 1 ,3 3 8 5 ,9 8 4 ,3 4 2 100 4 0 0 1 6 5 .2 4 5 3 ,5 6 8 .7 6 3 100 185 2on non 5 0 0 ,0 0 0 C ass \v e n u n B a " V 2 3 0 ,3 9 4 4 ,2 2 6 ,9 4 0 100 260 5 6 6 ,7 8 3 1 4 .1 7 1 .8 2 7 100 260 Sav In v A T ru st Co 275 C h e ro k e e N a t . B k . 200,000 5 0 ,0 0 0 E ssex C o u n ty T rC o 3 9 8 ,0 1 9 8 ,4 8 1 ,9 9 2 100 3 0 0 5 0 0 .0 0 0 100 *125 Per s h a r e . F ir s t N atio n al B an« 10.OOU.000 6 ,7 3 7 .2 7 6 143325 098 UK) 208 E liz a b e th — 210 3 5 0 .4 2 1 5 .6 8 8 ,4 6 6 100 225 F r a n k l i n B a n k ____ 1 , 000.000 E liz a b e th p o rt B C o 2 5 0 ,0 0 0 3 9 5 ,0 1 9 1 1 ,8 3 0 123 100 140 145 700 OOO 9 8 3 .8 0 1 1 1 ,1 3 6 .6 8 1 50 120 G r a n d A v e Bams. 200.000 1 0 3 ,0 0 0 2 ,7 9 9 ,4 8 5 100 200 N a ti o n a l S t a t e B k . I n t e m a t B a n k S t L 1.000,000 2 5 3 ,7 3 0 9 .0 6 9 ,6 2 8 100 140 P e o p le s N a t B a n k . 200 000 1 3 1 .4 4 0 2 ,7 0 3 0 1 2 100 160 150 200,000 J e ffe rs o n B a n k ____ 2 3 0 ,4 3 6 4 ,4 3 5 .9 5 0 100 247 C ent H om e T r C o. 6 5 ,5 7 7 2 .3 8 8 ,3 9 6 100 150 200.000 2 9 9 ,0 0 0 3 ,3 5 9 .0 9 0 100 175 J e f f - G ra v o ls B a n k 200.000 1 5 9 ,2 9 5 3 ,8 1 2 ,8 9 2 100 170 E l iz a b e th T r u s t C o 500 OOO 175 _____ 400,00(1 6 4 4 .6 7 3 11.2 .5 1 ,0 0 4 IOO 4 0 0 U n io n C o T r u s t C o L a f a y e tt e S o S id e B k l . 000.000 1,021 537 2 3 ,8 0 0 .4 9 9 100 3 2 ) /V r sh a re 160 H oboken— L o w ell B a n k . . ___ 200,000 1 4 7 .223 3 ,4 8 9 ,2 1 6 100 150 F i r s t N a ti o n a l B a n k 25 95 J'lj M a n c h e ste r B a n k . . 2 0 7 ,9 6 5 5 ,4 3 1 .0 5 0 100 185 5 0 0 .0 0 0 1 ,1 2 0 .1 0 7 1 2 .1 1 7 ,2 0 8 5 0 0 ,0 0 0 195 7 0 0 .0 0 0 1 6 9 ,2 2 6 7 ,2 8 5 .3 2 4 to o 150 M e r c h L a c le d e Na< 1 .7 0 0 .0 0 0 1 ,8 8 5 ,0 7 3 3 0 ,5 3 0 ,4 0 5 100 270 S econd N a t B ank . 200 C o lu m b ia T r u s t C o 9 1 .3 6 0 1 ,7 3 0 .1 9 9 100 175 M is s o u ri N a t B a n k 200,000 19,2 3 9 1 ,9 4 5 ,4 3 4 100 107 04 11 0 10 0.00 0 N n t B a n k o f C o m m m o o o . ono 4 ,1 0 7 ,0 7 2 8 0 ,1 3 4 ,8 7 7 100 147 2 7 8 ,3 2 7 4 ,8 5 8 .5 8 3 100 250 H oboken T ru st C o . 200,000 300 148 N a ti o n a l C it y B a n k 1 , 000,000 H u d s o n T r u s t C o . . 1 . 000.000 1 ,7 9 0 .9 4 7 4 1 .2 6 0 .6 6 6 100 4 0 0 450 3 2 5 ,1 3 9 1 6 ,5 7 8 ,0 9 7 12204 124 _ mmB cru g g s V ander 2 4 8 .0 H 6 ,9 4 0 ,8 6 3 100 2 1 5 Jefferso n T r u s t C o . 4 0 0 .0 0 0 5 0 0 .0 0 0 ▼ oort B a r n e y B k 200,000 8 3 ,4 6 5 1 ,6 8 3 ,8 4 3 100 S te n e c k T r u s t C o . . 5 9 1 ,8 5 5 9 ,0 4 6 ,1 8 9 100 225 250 ^er .h ^ rS 5 0 .0 0 0 5 ,0 0 4 .0 3 6 100 157 04 J e r s e y C itv — S e c . N . B . 8 ,T r .C o . 2 5 0 ,0 0 0 S o u t h ’n C o m A S av 2 5 0 ,0 0 0 200,000 1 2 1 ,7 1 0 3 ,3 6 5 ,9 2 7 in n 175 185 B e r g e n N a t ’l B a n k . 5 6 ,5 3 5 1.8 2 1 .6 6 6 100 130 136 8 t L o u is N a t B a n k . 4 6 ,3 0 9 2 ,3 4 0 ,7 2 4 100 110 3 7 5 .4 0 2 8 ,5 9 0 ,5 3 4 100 250 200.000 120 C la r e m o n t B a n k ___ 2 0 0 .00 O S t a t e N a t i o n a l B a n k 2 , 000.000 1 ,0 1 4 ,7 3 8 2 1 ,0 1 9 ,9 9 6 IOO 170 F ir s t N a ti o n a l B a n k l.o o n non 1 ,6 9 4 ,9 2 6 2 1 ,0 9 4 .3 5 2 100 185 180 200 T o w e r G ro v e B ank 200,000 6 4 ,2 5 7 1 .4 9 8 .2 6 4 100 133 4 0 0 ,0 0 0 1 1 9 ,8 7 5 6 ,5 7 2 ,2 7 7 100 2 10 F ra n k lin N a t B a n k T w e l f th S t N a t B k_ 3 0 0 ,0 0 0 6 0 ,0 0 0 1 ,3 1 0 ,6 0 3 130 M e rc h a n ts ’ N a t B k 200.000 2 5 2 .9 8 3 5 .0 8 7 .2 1 8 10 U 240 U n ite d S t a t e s B a n k 1 . 000.000 5 4 2 ,4 3 1 8 ,8 3 2 ,1 5 7 lo o 130 C o m m e r c ia l T r N J 2,0 0 0 000 2 .4 0 4 .1 5 1 4 6 .5 4 5 .1 0 5 LOO 3 0 0 135 W a te r T o w e r B a n k 200,000 8 9 ,4 1 6 1 ,2 6 6 .5 2 7 100 140 G reen v B k A T r C o 200.000 3 3 9 ,3 4 9 6 .7 4 5 .6 0 5 100 275 150 5 5 0 ,2 6 5 A m e ric a n T r u s t C o 1 , 000,000 1 4 ,8 3 2 ,3 1 1 100 158 5 7 8 .1 7 0 5 .9 4 0 .6 6 1 100 170 L in c o ln T r u s t C o . . 600.001 200 9 1 ,7 8 6 1 ,9 6 6 ,6 0 6 100 125 B 'w a y S a v T r C o . . 200,000 2 5 0 .0 0 0 9 .3 3 8 .6 0 5 100 385 135 M e r c a n t ile T r C o . . 200.000 e l l 1,863 1 ,5 4 2 ,0 0 0 100 150 C h o u te a u T r u s t C o 200,000 155 N J T G u A T r C o . 1 .3 O 0 .0 0 0 1 .1 6 4 .6 3 7 1 2 4 ,6 5 0 ,1 3 2 100 3 8 0 C i t y T r u s t C o _____ e9 8 ,4 5 1 1 ,6 3 3 .1 7 2 100 1 1 0 200,000 125 T r u s t C o o f N J ___ 2 ,5 0 1 .0 0 0 2 ,9 5 8 ,1 2 5 4 9 ,7 1 7 ,1 4 0 100 3 5 0 3 6 .8 8 5 1 ,6 7 1 ,3 7 9 100 135 200,000 155 U a s to n - T a y l o r T r C o U n io n T r A H u d s o n 7RO n n n 1 ,1 1 4 ,6 6 4 1 7 ,9 1 1 ,0 8 2 IOO 3 3 8 4 0 0 ,0 0 0 1 8 9 ,3 4 3 5 ,1 8 6 ,4 6 4 100 190 F u m A M er T r C o . C o N a t B k ____ 355 200,000 8 1 ,2 5 0 1 ,7 2 6 ,5 2 8 100 140 150 L a c le d e T r u s t C o . . . 200,000 W e st B e rg e n T r C o 6 4 ,4 9 8 1 ,0 8 3 ,3 5 5 100 125 130 L i b e r ty C e n t T r C o 3 .0 0 0 ,0 0 0 1 ,1 6 9 ,8 0 6 3 5 ,3 4 4 ,9 0 0 100 100 105 L ong B ra n c h — M e r c a n t ile T r C o . . 3 ,0 0 0 .0 0 0 7 ,5 2 5 ,6 0 4 6 3 ,6 7 5 ,1 9 4 100 39 5 1 0 0 ,0 0 0 2 3 4 ,0 0 0 2 .0 6 0 ,0 0 0 100 3 2 5 397 C it iz e n s ’ N a t B a n k 1 5 0 ,0 0 0 M is s V a il T r u s t C o . 3 ,0 0 0 .0 0 0 4 ,3 0 2 ,7 7 7 3 4 ,9 7 9 ,4 6 9 100 27 3 1 5 5 ,5 3 6 2 ,0 6 4 ,8 9 2 280 50 200 L ong B ran c h B kg Co 220 200,000 6 7 ,4 1 3 1 ,8 1 7 ,6 9 5 10 0 135 M o u n d C ity T r C o . 145 P er sh a re. M o rris to w n — N o r S t L o u is T r C o 200,0 00 7 3 ,2 5 4 2 ,7 7 5 ,6 6 6 100 140 200,000 3 1 9 ,8 1 0 4 ,9 3 8 ,7 9 1 100 <240 F i r s t N a ti o n a l B a n k N o r th w e s t’n T r C o 5 0 0 ,0 0 0 7 3 2 ,9 1 8 8 ,5 6 5 ,0 8 6 100 180 1 3 0 ,7 8 7 5 ,0 3 7 .2 9 2 190 200.000 N a tio n a l Iro n B an k 50 <100 200,0 00 9 3 ,4 9 4 2 ,6 7 8 ,5 9 6 100 150 1 5 0 ,0 0 0 S a v in g s T r u s t C o . . A m e r ic a n T r u s t C o 1 0 6 ,2 3 8 1 .5 8 2 ,8 8 9 100 <140 l o a t h S id e T r C o . 200 000 1 0 0 ,5 5 3 2 ,7 2 0 ,4 1 2 100 180 190 6 0 0 .0 0 0 8 6 2 ,1 4 2 8 ,5 3 7 ,2 3 0 100 <225 M o r r is to w n T r C o . 10 0,00 0 160 W e b s te r G r o v e s T r 7 6 ,3 1 5 1 ,6 1 5 ,6 6 8 175 Per share. M t. H o lly — 200.000 W a it S t L T r u s t C o 1 2 0 ,9 2 5 2,894,3921 io o 150 160 1 0 0 ,0 0 0 ___7 7 ,0 1 6 8 2 2 ,2 8 2 25 35 M t H o lly N a t B a n k 37 ioo • Sale p ric e , e N o m in a l q u o ta tio n s g A m o u n t p a id In . k N ew s to c k , x E x -d lv ld e n d . y C a p ita l to b e In c re a se d . n In c lu d in g F id e lity S a y . * T r . s to c k . I L a st sale, r J u n e 30 1924. s G u a ra n ty F u n d , a In c lu d e s M in n . L . A T r . s to c k . 6 In c lu d e s M in n ea p o lis T r u s t C o . t In c lu d e s M erc h . T r . * S a v . B a n k . J A p p ro x im a te p ric e . * D o no c o m m ercial b a n k in g , d M a rc h 31 1924. e O c t. 10 1924. g D e c. 31 1924. 00 BANKS AND TRUST N E W J E R S E Y — (C o n c lu d e d ) C a p ita l. M t .H o l l y ( C o n c l. U n io n N a t B a n k . . . F an n ers’ T ru st C o. M tH o lly S D A T r . N ew ark — A m e ric a n N a t B a n k H r’d .V M a r k e t N B C it N B k & T r C o L in c o ln N a t B a n k . M e i A M f r ’s N B _ . M u tu a l B k o f R o se v N a tN e w a r k A E s s e x B a n k i n g C o _____ N a tl o n a ' S t a t e B k . N o r th W a rd N a t B C it y T r u s t C o _____ C li n to n T r u s t C o . . F ed eral T r u s t C o . . F id e l ity U n lo n T r C o Iro n b o u n d T r C o .. lib e r ty T ru st C o .. N e w a rk T r u s t S o S id e N B A T C o S p r ’g f ’ld A v e T r G o V a ils b u rg T r u s t C o W a s h in g to n T i C o W e e q u a n ic T r u s t C o W e s t S id e T r u s t C o * N ew B ru n s w ic k C it lz N a t B k o f N B N a t B an k of N J _ . P e o p le ’s N a t B a n k M id d le s e x T G A T C o N e w B ru n s w T r C o P a s s a ic — M e rc h a n ts B a n k .. P a s s a ic N B k A T rC o C i t y T r u s t C o ........... H o b art T ru st C o .. P e o p le 's B k A T r C o S e rv ic e T r u s t C o . . P a te rs o n — F i r s t N a t lo n a l B a n k P a te r s o n N a t B a n k S econd N a t B an k . N a t B a n k o f A m e r. P a te r s o n S a v I n s t C it iz e n s ’ T r u s t C o F r a n k li n T r u s t C o H a m i lto n T r u s t C o U 8 T r u s t C o ____ P la in fie ld C it y N a ti o n a l B a n k F ir s t N a tlo n a ] B an k P la in f ie ld T r u s t C o S t a t e T r u s t C o ____ T re n to n — B ro a d S t N a t B a n k C a p i t a l C it y T r C o . F i r s t N a ti o n a l B an k H an o v er T ru st Co M e c h a n ic s ’ N a t Bk T r e n t o n B a n k ’g C o C o lo n ia l T r u s t C o . M e rc e r T r u s t C o . . T r e n to n T r u s t C o . W ilb u r T r u s t C o ___ ) A $ 1 0 0 ,0 0 0 2 0 0 ,0 0 0 1 0 0 ,0 0 0 S u r p lu s P r o fit» $ 1 9 7 ,4 0 4 1 1 8 ,3 9 2 1 6 6 ,231 C ro ss D e p o s its . NEW P ar. S 1 ,4 2 3 ,7 5 1 1 ,0 6 7 ,2 9 1 6 9 2 ,9 6 9 B id . P er 50 135 100 100 135 A sk. sh are. 150 125 150 12 0 4 7 5 ,3 8 6 1 5 ,0 0 2 ,2 5 5 5 2 6 ,4 8 5 8 ,5 4 2 ,4 1 4 12 0 ,0 0 0 5 0 0 ,0 0 0 1 5 1 ,1 4 0 1 ,6 5 6 ,7 6 4 1 ,7 9 2 ,6 0 6 1 6 ,4 5 8 ,5 3 6 197 ,9 3 7 2 ,2 7 0 ,6 1 6 100 100 400 400 16 6 100 190 315 175 2 .3 0 0 ,0 0 0 5 0 0 .0 0 0 ' 4 0 0 .0 0 0 1 ,5 0 7 ,5 3 0 9 9 6 ,3 2 0 7 7 2 ,3 9 6 3 0 5 ,7 5 3 5 8 9 ,8 3 2 1 ,5 1 2 .8 5 9 4 ,7 5 2 ,4 4 6 7 0 7 ,3 0 7 1 1 1 ,2 7 3 9 7 ,0 7 6 6 0 ,0 0 0 3 8 9 ,7 5 0 7 7 ,0 8 3 3 3 2 ,5 8 8 1 5 1 .0 8 3 7 5 4 ,391 100 3 1 5 100 3 0 0 100 4 5 0 100 3 2 5 100 0 3 2 0 100 4 2 5 100 4 4 0 100 490 100 160 100 2 7 5 200.000 2 0 0 ,0 0 0 2 5 0 0 .0 0 0 a . 2 5 0 .0 0 0 5 0 0 ,0 0 0 200.000 yOO 0 0 0 2 0 0 ,0 0 0 200.0 00 2 0 0 ,0 0 0 2 0 0 .0 0 0 200,000 6 0 0 .0 0 0 3 2 ,7 1 8 ,5 2 4 6 ,7 0 2 ,2 6 0 1 1 ,9 6 0 ,9 2 7 4 ,2 8 2 ,4 7 1 8 ,0 5 9 ,8 4 0 2 0 ,8 5 9 ,6 8 9 7 3 ,3 1 8 .3 3 1 1 3 ,2 7 3 ,1 2 3 2 ,5 6 1 ,9 6 8 2 ,2 3 7 ,0 2 6 7 ,2 4 5 ,8 0 0 1 ,3 9 5 .8 6 8 3 ,1 9 1 ,0 1 2 2 ,7 0 2 101 9 ,1 8 8 ,8 6 5 100 100 100 100 100 400 150 300 225 450 5 0 .0 0 0 8 6 1 .2 4 1 8 9 6 ,4 5 0 1 3 ,7 5 2 .4 2 0 2 4 3 ,6 8 8 3 ,6 2 0 .0 9 3 1 0 1 ,7 1 2 1 ,9 9 # .4 0 5 3 4 9 ,5 9 6 5 ,6 5 9 ,0 2 0 100 100 100 100 100 125 310 250 175 225 P er 2 5 0 .0 0 0 5 0 0 .0 0 0 200 .000 10 0 ,0 0 0 3 0 0 ,0 0 0 320 _____ 435 450 sh a re. 140 325 275 195 250 P er s h a r e . 10 0,00 0 1 .5 0 0 .out 2 0 0 ,000 10 0 ,0 0 0 400 onn 4 0 0 ,0 0 0 1 4 6 ,10S 1 ,8 4 7 ,1 3 9 1 ,7 3 5 ,8 9 9 2 1 ,2 7 6 .3 9 4 2 2 0 ,4 1 0 4 ,1 4 4 ,2 7 6 3 2 3 ,5 2 7 3 ,7 0 2 ,1 1 7 8 9 4 .1 6 4 9 ,5 5 2 ,4 3 7 2 3 1 ,3 2 6 1 ,3 7 2 ,4 1 8 100 100 100 100 100 100 260 225 450 320 320 P er s h a r e . 5 0 0 ,0 0 0 1 ,2 0 0 .0 0 0 7 5 0 .0 0 0 5 0 0 ,0 0 0 1 . 000,000 5 0 0 .0 0 0 1 5 0 ,0 0 0 7 ,5 8 6 ,6 0 6 1 4 .0 7 2 ,2 2 7 1 1 .1 7 6 ,2 1 8 3 ,3 4 9 ,8 4 0 2 2 ,1 5 1 ,2 3 4 9 .5 9 0 ,4 2 3 3 ,2 8 6 .2 3 6 9 ,3 4 0 ,1 1 7 1 6 ,3 1 3 ,1 4 2 100 100 410 280 50 220 100 195 140 2 9 1 ,5 2 7 6 .8 9 6 .8 3 4 2 4 1 ,1 0 7 5 ,9 1 7 ,5 5 2 8 2 3 .8 4 2 1 2 ,1 7 8 .8 9 8 1 4 8 ,5 1 8 3 ,3 5 3 ,6 5 2 100 100 100 100 7 8 1 ,0 3 2 1 0 .0 3 7 ,1 2 3 135,436! 1 ,0 3 5 ,5 5 5 1 ,0 5 4 ,4 4 7 ! 1 1 .9 0 4 .2 1 7 1 1 6 ,1 1 0 3 .1 8 4 ,5 5 7 1 ,5 9 1 .4 9 4 ' 1 7 ,2 0 6 ,7 4 2 1 ,0 0 7 ,4 0 7 1 1 ,3 3 1 ,1 4 5 158,922! 3 ,3 5 8 ,5 9 8 477,6661 7 ,0 2 9 ,3 0 8 1 ,0 9 7 ,4 2 6 1 3 ,3 0 0 ,6 2 6 36.9571 1 .6 6 5 ,8 8 8 1 100 100 100 100 8 5 0 ,8 4 7 9 6 3 ,7 3 2 9 7 7 ,8 0 6 3 3 2 ,2 4 4 1 ,7 0 3 ,1 8 5 6 7 5 ,0 0 0 3 6 8 .6 5 1 5 5 0 ,8 2 4 1 ,3 2 7 ,5 5 3 25 100 350 100 3 1 5 100 3280 100 5 5 0 50 50 100 100 100 100 420 290 230 200 150 360 290 1200 175 1230 1225 180 400 200 350 185 260 fc775 225 275 225 155 _____ _____ _____ ______ ' --------- H E W Y O R K — N a t i o n a l b a n k s (e x c e p t N e w Y o rk C ity ) D e c . 31; S ta te i n s t i t u t i o n s N o v . 15 1 9 2 4 . A lb a n y — F ir s t .N a tio n a lB a n ) M e c h A F a r m e r s .. N a tC o m r B k A T r C i N Y S ta te N a t B k A lb a n y T r u s t C o . . P e r sh a re 100 100 100 100 100 230 500 355 230 225 240 550 369 240 235 6 0 0 ,0 0 0 2 5 0 ,0 0 0 1 .2 5 0 .0 0 0 1 ,2 5 0 ,0 0 0 4 0 0 ,0 0 0 9 8 2 ,9 3 5 1 ,2 1 6 ,3 7 9 3 ,1 8 8 ,0 6 3 2 ,2 6 8 .2 6 3 6 8 6 ,2 0 4 1 1 ,5 9 3 .1 9 5 3 ,2 0 1 ,2 2 8 3 6 ,3 2 6 ,9 8 0 3 1 ,6 9 7 ,6 6 6 1 3 ,5 3 9 ,1 5 0 A u b u rn — C ay u g a C o N a t Bk N a t B k of A u b u rn A u b u rn T r u s t C o _ . 200,000 200,000 3 4 0 ,2 7 0 1 7 6 ,2 1 9 3 7 3 ,2 7 8 3 ,1 3 5 .5 0 3 4 ,0 4 6 ,4 1 8 6 ,3 3 3 ,6 5 4 P er sh a re. 100 100 _____ l 125 100 2 5 0 280 B in g h a m to n — C itiz e n s B a n k _ . C it y N a ti o n a l B a n k F ir s t N a ti o n a l B a n k P e o p le ’s T r u s t C o . . 200,000 8 4 ,5 4 1 4 2 1 ,8 0 2 4 8 3 ,2 0 3 4 3 8 ,1 1 3 2 ,1 9 4 ,8 1 1 5 ,6 9 6 ,9 5 4 8 ,4 6 9 .1 2 1 7 ,5 3 3 ,0 9 6 100 100 100 100 1 5 0 .0 0 0 1 5 0 ,0 0 0 4 0 0 ,0 0 0 5 0 0 ,0 0 0 B r o o k l y n — S tate B a n k A T r u st C o . r e tu r N a t . b a n k s D e c . 31. B a n k o f C o n e y I s l ’d 200,000 198,367 B u s h w ic k N a t B a n k 200,000 8 3 ,9 0 0 F ir s t N a tio n a l B a n k 5 0 0 .0 0 0 1 ,1 1 7 ,0 0 0 4 0 0 ,0 0 0 2 1 5 ,7 2 8 G re e n p o ln t N a t B k 200,000 4 3 4 ,5 0 0 M e c h a n ic s ' B a n k . . 2 , 000,000 0 2 ,9 4 9 ,4 1 8 M o n ta u k B a n k ____ 200,000 0 2 0 0 ,0 7 7 4 0 0 000 M u n ic ip a l B a n k 4 3 3 ,9 8 2 N assau N a t B a n k .. 1 ,7 5 0 ,1 0 0 P e o p le ’s N a t B a n k . 200,000 4 2 4 ,5 0 0 W e s t E n d B a n k ___ 200,000 r l 9 2 ,0 0 0 B r o o k ly n T r u s t C o . 1 ,5 0 0 ,0 0 0 0 4 ,0 3 5 ,0 3 2 K in g s C o T r u s t C o 5 0 0 ,0 0 0 4 ,4 4 0 ,1 3 1 M a n u f a c t ’r s ’ T r C o 5 ,0 0 0 ,0 0 0 5 ,3 1 5 .7 8 3 M id w o o d T r u s t C o 7 0 0 ,0 0 0 0 3 9 2 ,2 5 3 P e o p le ’s T r u s t C o . . 1 .6 0 0 ,0 0 0 0 4 ,2 1 9 ,2 3 6 l.oooiooo B u ffa lo — L ib e r ty B a n k _____ 2 , 000,000 M a n u f A T r a d N a t 2 , 000,000 P e o p le ’s B a n k ___ 1 .0 0 0 .0 0 0 C o m -S i S i d e N E k 3 0 0 ,0 0 0 B u ffa lo T r u s t C o . . 2 , 000,000 F id e l ity T r u s t C o . . 1 .0 0 0 .0 0 0 M a r in e T r u s t C o . . 1 1 .2 5 0 .0 0 0 E lm ira — M e rc h a n ts ’ N a t B k S econd N a t B a n k .. C hem ung C an T Co Y O R K — (C o n tin u e d ) C a p ita l, N ew Y o r k C i t y — D e p o s its a r e o f d a le M a r 28 1 9 2 5 . ’ 24 f o r N a t i o n a l a n d N o v . 15 o f b a n k s a n d jtr u s t c o m p m a y be f o u n d in ] o u r “ R y . 5 0 0 ,0 0 0 200 000 2 0 0 ,0 0 0 3 0 0 ,0 0 0 1 .3 5 0 ,0 0 0 2 0 0 ,0 0 0 2 5 0 ,0 0 0 4 0 0 ,0 0 0 6 0 0 .0 0 0 n s d a te N o r 15; 5 ,2 7 9 ,5 9 1 1 ,6 8 2 ,9 0 0 1 6 ,6 0 6 ,1 0 0 3 ,7 0 7 ,2 0 3 3 ,5 1 6 ,7 0 0 4 4 ,3 4 5 ,1 6 8 4 ,7 9 7 ,4 5 3 1 0 ,1 8 2 ,6 4 0 1 9 ,9 1 9 ,6 0 0 7 ,9 2 6 ,8 0 0 4 .6 0 2 ,5 0 0 5 3 .3 4 7 ,1 4 8 3 3 .3 0 1 ,5 9 7 117422419 5 .9 7 4 ,6 9 3 6 0 ,0 9 4 ,8 7 7 P er sh a re. 12 0 130 275 200 160 Per 100 180 100 450 200 50 2 1 0 100 200 100 100 3 0 0 100 275 100 170 100 725 100 2200 100 3 2 5 100 140 100 660 P er 0 2 ,9 7 4 ,5 0 3 2 ,6 0 8 .6 0 6 0 1 ,1 2 8 ,7 0 6 1 9 6 ,3 6 6 0 2 ,3 2 2 ,6 6 5 o l.9 0 0 .2 8 7 014346800 2 2 5 ,1 8 4 869,584 8 6 4 ,3 4 1 5 2 ,4 0 9 ,0 3 6 4 9 ,5 9 1 ,8 5 8 2 4 ,8 1 2 ,5 9 2 5 ,8 5 6 ,1 4 3 5 1 ,4 7 1 ,1 8 5 2 4 ,8 8 0 ,2 1 4 142168273 2 ,5 8 1 ,8 0 9 8 ,0 6 7 ,0 6 0 9 ,2 6 6 ,6 5 0 100 100 100 100 100 100 100 100 100 100 320 279 255 300 205 170 share. 750 2500 685 sh a re 335 285 2r 0 2 10 360 320 283 375 330 288 P er s h a r e . 2 10 285 250 [ V ol . 120. C O M P A N IE S A S u r p lu s I Groa* P r o fits . D e p o s its . N . F . C ity \ b a n k s a re S u r p lu s a n d p r o f its ar ’2 4 f o r S ta t e b a n k s . A a n ie s i n N e w Y o r k C i a n d I n d . ” S e c ., p a g e B id N o v . 15 1924. 3 000.000 0 2 ,0 0 3 ,2 3 5 4 1 ,1 4 3 ,7 9 1 A sh . rap*. r te d net 8 of d\ tv and d a te D e c . 31 f e n d re c o r d d B roo h i f n 224. P er $ S S A m alg B k of N Y . . 2 0 0 .0 0 0 1 4 2 ,2 6 6 rf3,8 7 4 ,2 7 7 Am E x c h N a t B an k 5 .0 0 0 ,0 0 0 8 ,2 4 6 ,0 1 7 11 0 3 9 6 7 0 0 0 100 3 7 5 A m er U nion B a n k . 4 9 5 .6 0 5 8 3 ,8 7 5 if4 ,0 2 5 ,6 7 9 100 165 B an k of A m e ric a .. 6 .5 0 0 .0 0 0 a .5 ,2 4 3 ,1 5 8 9 0 ,6 8 7 ,0 0 0 100 x 2 5 6 100 B an k of E u ro p e . . 4 5 0 .0 0 0 B an k of M a n h a t Co 1 0 .0 0 0 ,0 0 0 O 1 4 3 0 3 7 5 1 1 9 8 8 2 5 4 6 2 | 50 x l7 4 B a n k of U S ___ _ 1 3 0 0 0 ,0 0 0 o l,4 7 0 ,2 3 9 ^ 5 6 4 2 9 7 7 5 ) 100 200 Bk of W ash H e ig h ts 4 8 1 ,1 5 5 8 .1 2 9 .0 0 0 100 2 7 0 200,0001 0 7 5 2 ,2 2 6 B e ra rd ln l S ta te B k 150 000 o 7 9 1 ,901 B ow ery B a n k _____ a 9 0 6 ,1 4 6 4 ,9 8 0 ,3 7 5 , 100 5 5 0 2 5 0 .0 0 0 ) B ro a d w ay C e n t B k a l 5 1 ,1 3 2 5 ,9 3 6 ,5 2 0 100 165 3 0 0 .0 0 0 B ronx B orough B k . 5 5 2 ,9 7 7 >16,444,443) 100 2 5 0 150.0001 B ronx N a t B a n k .. 1 9 0 .6 0 0 e 5 ,7 7 5 .100 100 145 300.000* 0 2 ,1 8 2 ,3 2 2 100 160 B ry a n t P a rk B a n k . o210,100 200 000] C a p ito l N a t B an k 7 8 0 ,0 0 0 e21 739 100 100 195 2,000.000! C h ase N a t B a n k ___ 2 0 .0 00.000 2 5 ,4 6 1 .0 0 0 385021 0O0 100 4 0 8 C e n t M e rc a n tile Bk 1 ,5 0 0 .0 0 0 9 7 8 ,8 0 3 0 1 2 4 9 0 367, 100 225 C h a th a m A P h e n N N a t Bk & T r C o . 1 3 ,5 0 0 .0 0 0 9 ,3 1 8 ,5 0 0 2 0 8 9 6 7 0 0 0 100 2 9 5 3 5 3 ,9 0 0 41 3 7 9 7 6 1 2 100 175 C h else a E x c h B ank 1 .0 0 0 . 0 0 0 C h em ical N a t R ank 4 .5 0 0 .0 0 0 1 7 ,0 2 4 ,1 0 0 1 1 6 0 6 8 0 0 0 100 665 C oal A Iro n N a t Bk 1 .5 0 0 .0 0 0 1 ,3 7 5 .1 0 0 1 8 .3 7 6 .0 0 0 100 2 7 0 C olonial B a n k _____ 1 .2 0 0 .0 0 0 a 2 . 4 4 7 ,9 2 9 27 6 6 5 .0 0 0 100 5 0 0 C o m m o n w e alth B k 6 0 0 .0 0 0 o l,0 4 7 ,0 5 1 1 2 .6 5 9 .0 0 0 100 3 0 0 C o n tin e n ta l B a n k . 1 .0 0 0 . 0 0 0 1 .0 6 6 .562.7 7 9 8 .0 0 0 100 215 C o m E x change B k . 1 0 .0 0 0 . 0 0 0 a l 3 9 9 5 520069 6 9 7 0 0 0 100 462 C o sm o p o lltan B ank 4 0 0 .0 0 0 , 1 5 3 ,0 0 0 r 6 ,4 2 3 ,6 0 0 100 120 E a s te rn E xch B ank lOU.OOO 2 7 ,3 0 0 r l , 3 4 2 .7 0 0 E a s t R iv e r N a t Bk 2 ,1 0 0 .0 0 0 ; 1 ,9 4 2 ,6 0 0 3 2 .2 0 4 .0 0 0 100 2 2 5 2 5 0 .0 0 0 a 2 7 7 ,6 2 9 7 8 ,2 4 5 .0 1 7 F e d e ra ’n Bk of N Y 5 0 0 .0 0 0 a 3 , 0 1 6 ,9 0 1 2 5 ,6 7 5 ,0 5 2 100 1700 F ifth A venue B ank 1 .2 0 0 .0 0 0 1 ,3 4 4 ,8 0 0 1 9 .1 1 6 .0 0 0 in n 280 F ifth N a tio n a l B k F ir s t N a tlo n a ] B ank 1 0 . 0 0 0 . 000 6 6 ,0 6 0 ,120108 4 2 7 0 0 0 10 6 2 4 0 0 F ra n k lin N a t B ank 8 0 0 .0 0 0 1 4 3 8 ,0 0 0 '’4 ,5 2 8 ,9 0 0 G arfield N at R a n k . 1 1 .0 0 0 .0 0 0 1 ,6 5 6 ,2 0 0 1 5 .3 8 4 .0 0 0 100 3 3 8 5 1 1 ,9 0 0 17 854 4 0 0 100 135 G o th a m N a t B a n k . 1 .5 0 0 .0 0 0 1 ,7 4 8 ,4 0 0 8 .6 8 5 .0 0 0 100 G race N a t Bk o fN Y 1 .000. 000 2 ,4 5 5 .8 0 0 2 2 ,4 4 7 ,0 0 0 100 4 1 0 G reenw ich B a n k ___ 1.000 000 3 5 7 ,1 0 0 e 7 ,5 1 1 ,7 0 0 100 175 H a m ilto n N a t B k . 1,000,000 H a n o v e r N a t B ank fllOOOiOOO 2 3 ,5 1 9 ,0 0 0 1 0 9 5 1 7 0 0 0 100 9 8 0 H a rrlm a n N a t B k . 1,000.000 1 ,9 2 7 ,3 0 0 e37 1 6 6 2 0 0 100 4 7 5 a 2 0 5 ,6 3 2 0 3 ,3 4 5 ,4 7 6 I n te r n a t U nion B k . 2 5 0 .0 0 0 L eb an o n N a t B ank 7 7 ,1 0 0 e l , 1 5 7 ,5 0 0 2 5 0 .0 0 0 ____ — L ib e rty N a t B an k . 1,500,000 L o n g acre B a n k ____ — 200.000 0 4 7 ,8 2 7 1 ,8 0 2 ,5 7 8 M ad iso n S ta te B k. 200,000 M ee h a n A M eta ls 0 0 0 1 5 ,9 7 0 ,2 0 0 1 7 5 0 0 5 0 0100 0 x390 N a tio n a l B a n k . . 1 0 .0 0 0 . 5 0 0 .0 0 0 7 7 2 ,3 6 6 a l 6 1 8 2 138 100 4 1 5 M u tu a l B a n k _____ 0 0 0 5 4 9 ,9 0 0 e 7 ,7 6 0 .1 0 0 100 165 N a t A m erican B k . . 1 .0 0 0 . 25 160 1 .0 0 0 . 0 0 0 2 7 7 ,2 0 0 7 ,6 5 6 .0 0 0 N a t B utch A D ro v 353 0 0 0 3 9 ,7 6 1 .0 0 0 3 0 0 5 7 0 0 0100 0 N a t Bk of C o m m ’ce 2 5 .0 0 0 . 437 0 0 0 5 5 ,2 9 7 ,6 0 0 7 3 5 1 5 4 0 0100 0 N a tio n a l C ity B ank 4 0 .0 0 0 . 4 60 100 1 0 .0 0 0 . 0 0 0 2 3 ,7 4 3 ,8 0 0 1 4 3 3 0 2 0 0 0 N a t P a rk B a n k . . 6 0 1 .00U 0 3 5 5 ,0 8 4 1 1 ,8 4 5 ,7 9 0 100 180 N ew N e th e rla n d Bk 3 00 1 .0 0 0 . 0 0 0 o l , 7 1 0 . 104 3 3 .6 4 9 ,0100 00 P a c ific B a n k _____ P e n n E x ch an g e B k 2 0 0 .0 0 0 1 3 8 ,2 8 9 d \ ,7 9 0 ,1 2 0 ! 100 1 1 0 100 .............. P eoples C o ra m ’l Bk IOO.OOO! 6 ,1 0 0 ,7 0 0 e l0 3 7 6 ?9 0 0 10 0 x 4 6 0 P u b lic N a t B a n k . 4 .0 0 0 . 000, 100 4 5 8 S eaboard N a t B ank 4 .0 0 0 . 0001 4 0 ,9 0 0 e 4 , 1 4 7 .6 0 0 100 12 0 3 e v e n th Ave N atB k 4 0 0 ,0 0 0 1 5 7 ,1 0 0 >-4,459.200 100! 3 0 0 S ta u d a rd B a n k __ 200.000! 3 5 0 0 0 0 0 a 5 .3 0 6 .0 8 0 9 5 .8 8 8 .0 0 0 100 1 4 1 5 S ta te B ank .. 2 3 8 ,0 78 2 ,0 8 T ra d e B an k of N Y 0 5 0 0 ,0 0 0 185 U nited N a t B k ln N Y 1 0 0 0 ,0 0 0 5 0 3 ,4 0 0 e12 0 ‘ / > 00.000 0 1 ,3 9 4 ,0 1 4 3 6 ,0 6 4 .6 2 2 100 1300 Y orkvllle B a n k . sh a r e 385 258 178 _____ _____ 155 _____ 205 411 240 303 190 670 280 310 468 .......... 2000 2500 145 _____ 430 185 990 490 — 395 170 356 444 470 ........... 125 465 465 130 _____ 425 147 195 T r u s t C o . r e tu r n s d a te A m e ric a n T r u s t c< A n g lo -S o u th A m T r B anca C om It T r Co Bk of N Y A T r C o . B an k e rs T ru s t C o . . B ro n x C o ’t y T r C o B r ’h o o d L o e o m o ’ve E n g C o -O p T r C o C e n t r a l U n io n T r C o E m p ir e T r u s t C o E q u i ta b l e T r u s t C<> F a rm e rs ’ L A T r Co 100 » 1 .0 0 0 . 0 0 0 0 5 5 1 ,9 1 3 8 ,8 5 : : : : _______ _____ 1 .0 0 0 . 0 0 0 0 5 0 0 .7 7 3 6 .6 4 579 4 0 0 0 0 0 0 0 1 2 4 4 8 207 9 3 .3 8 8 .0 4 2 100 5 7 0 455 20 0 0 0 .0 0 0 0 2 8 1 3 1 6 5 9 3 7 3 5 1 5 352 100 447 205 7 5 0 ,0 0 0 2 8 7 ,9 9 4 d 8 , 3 5 3 ,9 0 2 100 185 5 0 0 .0 0 0 r2 5 2 ,7 0 0 1 ,6 1 7 .0 0 0 1 2 .5 0 0 .0 0 0 2 3 ,6 1 0 ,4 5 9 2 5 4 2 3 8 8 7 5 100 4 .0 0 0 . 0 0 0 a 3 , 6 3 4 ,1 4 3 6 6 ,3 6 0 ,7 9 5 100 23 000.000 0 1 2 2 0 1 4 2 7 3 4 1 7 6 7 0 88 100 10 0 0 0 0 0 0 a l 7 6 7 4 2 4 0 146334 454 100 2 .0 0 0 . 000 2 ,1 1 7 ,7 3 8 2 0 ,7 8 3 ,5100 13 5 0 0 .0 0 0 9 2 6 ,2 9 6 1 2 ,1 7 1 ,8 6 1 10 0 100 2 5 .0 0 0 . 0 0 0 0 1 9 5 5 9 461 5 2 6 3 4 9 821 1 7 .5 0 0 .0 0 0 e l 2 3 3 0 5 5 3 3 6 5 8 4 0 9 8 9 ( 100 720 2295 2255 445 2237 260 2315 246 F id e l ity I n t e r T r C o F u lto n T r u s t C o . . . G u a ra n ty T r u s t Co I r v in g B k C o l T r . I t a l i a n D is c o u n t A 1 0 0 0 .0 0 0 5 6 6 ,0 1 0 9 ,5 1 4 ,8 6 9 T r u s t C o _____ .. 0 0 0 3 ,0 1 1 ,8 7 7 1 7 ,8 7 6 ,3 7100 2 x225 L a w y e r s ’ T r u s t C o 0 3 .0 0 0 . 0 0 0 4 ,1 2 9 ,8 5 0 4 8 ,8 0 3 ,0100 8 0 445 M e tr o p o l ita n f r C o 2 .0 0 0 . N e w Y o r k T r u s t C o 1 0 .0 0 0 . 0 0 0 1 9 ,1 4 7 ,8 4 0 2 0 1 8 7 0 9 0 6 100 x412 T i t l e G u a r A T r C o 1 0 .0 0 0 . 0 0 0 1 5 ,9 0 8 ,3 3 0 4 1 ,8 0 4 ,5 7 5 100 x500 5 0 0 .0 0 0 2 1 5 ,7 9 3 9 1 .2 0 5 ,2 4 1 T r u s t C o o f N A ___ 0 0 0 0 4 ,5 6 9 ,5 1 2 5 8 ,6 7 3 ,7100 5 6 360 U S M tg e A T r C o . 3 .0 0 0 . 0 0 0 1 8 ,1 6 7 ,2 8 2 5 6 ,5 3 0 ,6100 7 0 *1650 U S T r C o o f N Y _ . 2 .0 0 0 . J a m a ic a . L . I — 3 0 7 ,6 0 0 7 ,7 6 8 ,1 0 0 100 200.000 F i r s t N a ti o n a l B a n k P er R o c h e ste r— 109 295 0 0 0 2,971,371 49,515,405 L in c o ln - A llia n c e B k 2 .0 0 0 . 500.000 e639,197 13,137,307 100 218 M e rc h a n ts ’ B a n k .. 1.200.000 351,421 15,555.541 100 X ____ N a t B k of R och 600.000 0554,903 15,672,209 100 235 C e n tra l T ru s t C o . . 4 0 0 .0 0 0 «687,661 14,045.264 100 300 G e n e s e e V a il T r C o 100 325 000 e l , 744,801 38,284,831 R o c h T r A S D C o . 1 .0 0 0 . 100 700 300.000 e l , 548.018 29,463,979 S e c u r i ty T r u s t C o 1 .5 0 0 .0 0 0 e934,526 26,895,684 100 155 U n io n T r u s t C o . _ 1 1 P er S y ra c u se — C i t y B a n k T r u s t C o 2 .5 0 0 .0 0 0 a l , 294,369 26,278,189 100 180 150 100 2 0 0 .0 0 0 92,946 2,698,384 L i b e r ty N a t B a n k 3 0 0 .0 0 0 331,521 5,601,837 100 200 M e rc h a n ts' N a t B k 220 100 800.000 430,901 5,778,534 S a lt S p r in g s N a t B k 3 0 0 .0 0 0 245,562 3,224,719 100 155 T h i r d N a t B a n k ___ F i r s t T r A D e p C o . 2 .5 0 0 .0 0 0 01,922,698 44,330,239 100 230 1 .5 0 0 .0 0 0 1,234,979 33,723,164 100 225 S y racu se T r u s t C o Per T ro y — M a n u f a c ’r s N a t B k 1 .000.000 1,004,148 24,556,885 100 340 180 484,880 6,704,382 100 3 0 0 .0 0 0 N a ti o n a l C i t y B a n k 451,053 4,910.189 100 235 2 5 0 .0 0 0 N a t S t B k of T r o y . 60 350,672 6,748,052 50 3 0 0 .0 0 0 U n io n N a t B a n k . . . 959,788 100 305 455,012 2 4 0 .0 0 0 U n ite d N a t B a n k . . 100 000 el7 8 ,5 8 8 3,950,667 100 135 T r o v T ru s t. C o ____ * 8a le p ric e 6 P a i d i n . k C a p i t a l I n c re a s e d . * E x - d i v id e n d . / O c t . i u i u z 4 . 01 s to c k , t N e » s to ik a M a rc h 25 1925 v E x -rle h ts r S e p t 29 1 924 e r n e lu d e s fn r„is-n b r a n c h d e p o s it s , li q u i d a t i o n . <1 N o v 15 1924 » E x - r i g h t s . / M erg ed o n A p r il 1 w i t h M a n u f a c t u r e r s ’ T r u s t C o . P ar. 730 305 260 455 245 270 320 250 235 450 417 510 370 1675 1 sh a re 300 222 118 245 165 sh a r e 185 155 210 224 235 230 sh a r e 360 250 70 315 150 I L a s t s a le , h N ew u B o o k v a lu e , s I n p ro c e s s o f A pril, 1925.] BANKS AND TBU ST O H IO — ( C o n c lu d e d ). N E W Y O R K (C o n c lu d e d ). Utica— First N a t B k A Tr O eid a N a t B a n k . U tic a C it y N a t B k C li ta r n s ’ T r u s t C o . U M caT r A D e p C o . C a p ita l. S u r p l u s dt P r o fits . G ro ss D e p o s its . % 3 $ 1 2 ,8 0 7 .4 4 3 5 ,3 5 4 .3 3 7 5 .2 7 2 ,3 8 1 1 7 ,7 3 9 .4 8 3 3 5 5 7 .2 2 5 1 4 ,7 7 3 ,1 5 4 1 ,2 5 0 ,0 0 0 6 0 0 .0 0 0 1 .0 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 2 5 0 000 1 ,0 0 0 .0 0 0 kaWatertown— 2 ,0 2 9 ,4 6 0 1 ,0 7 1 ,1 1 5 3 0 2 ,7 6 5 1 .2 3 8 .7 0 0 n 5 1 7 ,2 1 7 n 9 3 3 ,9 0 3 Par. A sk. B id . Per s h a r e . 100 100 100 100 100 100 280 235 90 240 290 24 5 95 250 260 275 N o m . p r ic e * L lijN a U u im l B a n ! J e ffe rs o n C o N a t B1 M a te ito w n N a t B1 N o r t h 'n N Y T r Cc Westchester C< I f L Vernon — 1st N Fate R och elle — H uguenot T rC o . O s s in in g — 1st N a t . O s s in in g N a t B k P s s k s k ill — 1 ,6 7 0 ,8 6 6 4 ,7 3 4 ,1 3 6 4 .0 5 4 ,6 0 4 9 ,1 5 2 ,5 7 6 100 _____ l 100 275 100 225 100 3 2 5 2 0 0 .0 0 0 6 0 0 ,0 0 0 2 0 0 ,0 0 0 4 0 0 ,0 0 0 3 1 ,2 6 6 5 5 1 ,6 3 2 2 3 7 ,8 4 2 8 8 4 ,7 9 1 2 0 0 .0 0 0 3 5 0 ,0 0 0 7 5 5 ,7 6 5 8 ,9 6 9 ,5 0 7 5 8 0 ,5 9 6 1 3 ,4 8 1 ,5 7 9 100 100 400 000 150 000 2 5 0 ,0 0 0 Z00 000 1 0 0 .0 0 0 1 0 0 ,0 0 0 3 5 6 ,8 5 8 1 0 ,7 9 4 .2 6 3 8 8 ,7 3 9 2 ,2 1 4 ,7 9 9 1 7 6 ,2 1 8 4 ,2 8 1 .8 0 6 4 7 7 ,5 1 5 7 ,6 8 0 .4 8 3 1 6 5 .137 1 ,0 4 9 922 1 6 1 ,5 1 6 2 ,4 2 8 ,4 6 5 100 100 100 100 100 100 80 Per W e stc b e e C o N a t P leasanttillt — 1 0 0 .0 0 0 4 0 6 ,2 6 5 6 ,6 8 3 ,5 0 7 M u tu a l T r u s t Co 1 0 0 .0 0 0 200 000 3 0 0 ,0 0 0 100 000 1 0 0 ,0 0 0 1 5 7 ,8 9 6 221 381 2 0 9 ,3 6 7 1 5 8 .2 3 4 2 2 8 ,9 8 3 2 ,5 1 8 .8 1 0 4 ,8 2 1 ,8 1 9 4 ,0 8 1 ,4 0 8 2 ,6 7 2 ,2 9 2 2 ,1 5 8 ,2 1 3 100 100 100 100 1 5 0 ,0 0 0 6 0 0 000 2 0 0 000 5 2 2 7 ,3 8 4 5 8 5 8 ,4 8 0 4 6 5 ,6 4 2 4 0 6 ,0 1 5 4 ,9 8 7 ,0 8 8 3 ,1 3 2 .4 0 7 7 .7 3 5 .8 7 1 8 ,6 1 2 ,6 1 5 100 100 100 50 W h ite Plains — Y o n k ers N a t Bk A T ru s t C o . W estcb es’r T r C o YonVera Trust, C o 300,000 2 0 0 ,0 0 0 3 0 0 ,0 0 0 s.tn .n n o 1 7 8 ,1 2 8 7 6 3 ,8 1 2 1 2 4 .5 3 2 125 285 235 350 sh are. 145 140 130 120 5 .4 1 2 .7 0 2 100 _____ 9,577,7801 1001 2 5 0 5 .3 3 7 ,7 5 5 ____ ______ — N O R T H C A R O L I N A — N a t . b a n k a D e c . 31; S ta te i n s t i t u t i o n s D e c . 3 1 . C h a rlo tte — C h a r l o tte N a t B a n k C o m m e rc ia l N a t B k F ir s t N a ti o n a l B a n k M er A F a rm N B k . O n io n N a t B a n k _ A m e ric a n T r u s t C o ln d e p e n d 'c e T t C o . D u rh am — C itiz e n s ’ N a t B a n k F id e lity B a n k __ F ir s t N a ti o n a l B a n k B o rn e S a v in g s B a n k M e rc h a n ts ’ B a n k .. Q reen sb o ro — A t la n tic B k A T r C o Q lte u s b o r o B k A T t R a le ig h — C itiz e n s N a t B a n k O o m m ’l N a t B a n k . R a le ig h B k g A T r C o W ilm in g to n — M u r c h is o n N a t B k P e o p le ’s S a v B a n k W llm S a y A T r C o . W in s to n -S a le m P e o p le ’s N a t B a n k . W a c h o v ia B k A T t . Per 3 7 5 ,0 0 0 5 0 0 .00C 3 0 0 ,0 0 0 200,000 2 0 0 , 00 C 1 , 200,000 1 . 000,000 10 0.00 0 10 0,00 0 6 0 0 1000 10 0,000 10 0,00 0 4 ,4 4 6 ,3 2 4 2 ,8 8 6 ,2 7 4 1,657,368 2 ,8 8 9 ,5 4 5 2 ,9 6 4 ,2 4 8 8 12 ,8 0 6 1 5 ,1 2 0 .4 1 2 7 7 5 .7 2 9 4 .8 4 3 .7 6 2 5 0 2 ,0 7 6 6 3 6 ,5 8 7 7 3 5 ,73( 4 9 3 ,5 4 5 3 1 4 ,8 7 7 1 2 5 ,4 2 7 8 4 4 .0 7 5 5 2 0 .9 7 1 86.50C 1 3 4 .2 0 2 1 ,7 8 1 ,5 2 4 6 ,779.56C 5 ,0 0 6 ,0 5 0 1 .250.00C 1 ,5 4 7 ,7 6 5 10 ( 10 ( 100 100 10C 100 100 10C 25 100 25 50 share. 230 230 270 310 290 154 182 180 215 180 48 105 240 300 155 185 185 185 50 110 1 ,2 5 0 ,0 0 0 4 0 0 ,0 0 0 7 7 7 ,7 8 4 2 3 3 ,4 3 9 8,052,29C 3 ,2 3 1 .3 3 4 10C 100 168 155 3 0 0 .0 0 0 6 0 0 ,0 0 0 1 6 4 .1 8 a 3 0 1 .5 0 0 1 2 9 ,4 1 1 4 ,9 1 1 ,5 4 6 8 ,1 6 1 ,6 7 5 1 ,6 1 5 ,1 9 4 100 100 100 165 130 195 100 6 5 ,0 0 0 3 0 0 .0 0 0 1 ,1 3 4 169 1 2 ,6 9 7 ,8 4 0 5 1 7 7 ,5 3 0 2 ,1 8 0 ,4 6 3 4 2 7 ,4 9 6 4 ,4 1 3 ,9 8 7 198 105 175 1 5 0 ,0 0 0 2 .1 7 5 .0 0 0 39 500 1 .7 0 0 .0 0 0 1 ,4 0 7 .3 4 8 3 5 .9 6 1 ,5 4 1 100 10 0 l.............. '1266 Per 10 0,00 0 P>r 1 , 000.000 25 80 168 160 eh are. 175 135 210 thnrQ 200 125 185 H O R T H D A K O T A — N a t . b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c . 3 1 . P arg o — D a k o ta N a t B a n k . F a rg o N a ti o n a l B k F ir s t N a ti o n a l B a n k M e rc h a n ts N a t B k . S e c u r ity N a t B a n k _ N o r th e r n T r u s t C o . OHIO—N a t i o n a l Per 1 5 0 ,0 0 0 5 0 ,0 0 0 3 0 0 .0 0 0 10 0 ,0 0 0 10 0 ,0 0 0 10 0,00 0 7 9 ,8 0 4 5 8 ,8 3 7 2 7 8 ,0 4 8 1 1 1 ,0 2 3 2 6 ,0 6 9 5 5 ,4 3 2 1 ,4 3 6 ,6 1 6 7 4 0 ,2 1 0 7 ,7 9 9 ,2 0 1 2 ,1 9 7 ,4 1 5 1 ,5 2 9 ,2 8 2 8 1 8 .9 2 5 share. 100 100 100 A k ro n — 1 , 000 .0 00 2 5 0 ,0 0 0 3 2 5 ,0 0 0 200,000 5 0 0 .0 0 0 10 0,00 0 200,000 1 .8 0 0 ,0 0 0 200,000 5 0 0 .0 0 0 5 0 0 ,0 0 0 647.95S 1 4 ,6 2 6 ,9 4 8 276.41C 4 ,9 0 6 ,1 6 9 7 7 8 ,5 6 7 7 ,9 5 7 ,3 9 0 2 2 7 ,7 0 4 3 ,1 4 8 ,4 6 2 6 0 5 ,4 7 4 8 ,6 1 2 ,2 8 5 3 8 3 ,9 6 3 2 6 ,4 8 5 1 6 2 ,9 9 2 3 ,9 5 6 ,6 7 9 1 ,5 0 9 ,8 6 5 2 4 ,3 3 8 ,1 3 7 P er 100 A225 100 175 100 250 100 180 100 130 100 90 100 160 100 240 1 0 7 ,2 7 5 3 ,9 5 9 ,4 3 2 2 3 0 ,7 6 7 4 ,9 0 9 ,8 7 9 1 ,1 3 0 ,4 2 8 1 0 ,1 9 4 ,9 1 2 100 100 100 200,000 1 5 0 ,0 0 0 2 , 000.000 10 0,00 0 3 5 0 ,0 0 0 5 0 ,0 0 0 a , 000,000 5 0 0 ,0 0 0 10 0,00 0 4 0 0 ,0 0 0 3 ,0 0 0 ,0 0 0 200,000 1 ,5 0 0 ,0 0 0 1 , 000.000 2 5 0 ,0 0 0 10 0.00 0 2 5 0 ,0 0 0 1 . 000,000 2 , 000.000 1 , 000,000 1 ,1 5 2 ,5 6 3 7 ,5 7 2 ,4 8 8 3 5 7 ,0 9 2 1 3 ,3 6 7 ,8 6 6 5 4 ,7 3 3 2 1 3 ,3 5 0 2 ,2 0 0 ,2 2 8 2 7 7 ,8 5 3 2 9 9 ,3 0 3 5 8 ,4 2 9 4 ,8 0 4 ,3 6 4 1 ,0 3 8 ,9 2 0 2 2 8 ,0 2 0 4 1 7 ,9 9 3 2 ,5 0 6 ,5 3 9 2 9 0 ,0 8 7 1 ,7 0 5 ,3 9 3 8 2 7 ,3 1 0 2 8 3 ,7 3 5 1 9 7 ,5 4 3 1 1 0 ,8 1 8 1 ,2 9 7 ,6 7 4 2 ,5 7 7 ,7 7 2 4 ,0 1 4 ,8 7 6 100 100 sh are. 290 200 140 95 175 250 150 200 325 P er 4 0 0 ,0 0 0 8 0 0 ,0 0 0 C a p ita l. share. 370 525 2 ,8 5 6 ,9 8 2 3 ,5 2 1 ,2 5 6 100 230 1 0 ,5 9 3 ,4 9 4 100 2 0 5 2 ,3 2 0 ,1 2 9 10 45 7 ,0 2 9 ,6 5 1 100 180 6 9 4 ,6 4 2 100 160 4 3 ,1 2 2 ,1 0 1 100 2 8 0 9 ,3 7 6 ,9 9 4 100 280 2 ,5 6 9 ,0 1 3 50 140 7 ,4 6 0 ,4 2 3 100 155 4 1 ,5 6 0 ,9 0 8 100 2 9 0 4 ,4 8 2 ,1 7 9 100 250 36 2 5 ,1 5 6 ,1 6 6 10 7 ,7 5 9 ,3 2 7 100 165 4 ,5 2 8 ,8 4 3 100 2 2 5 1 ,0 2 3 ,1 1 6 10 0 225 2 ,3 3 7 ,5 1 2 125 1 5 ,3 7 1 ,5 9 7 100 2 7 0 L9,4 3 1 ,0 8 9 10 0 204 3 0 ,9 0 6 ,0 3 3 ------ 1 — S G ro s s D e p o s its . 100.000 3,651,147 0346,914 3,158,202 288,009 496,931 763,321 1,050.685 838,439 e979,814 4,801.489 5,234.305 280.688 405.605 *763,243 12,556,587 25,493,587 36.736,639 2,650.000 8,157,984 22,770.509 18.000,317 24,681,610 20.624,454 189306 46103045801 3.160.317 13,690.655 3,267.969 258400643 100 100 100 106 100 10c toe 10c 10c 100 34,129 1,266.693 654,432 21.713,489 555,040 6,261,109 70.094 2 916,201 *101.820 1.288,640 1,035.060 9,284.736 87.896 1,745.184 1,503.161 19,179.113 250,410 3.347,322 678.671 4.663.214 e35,471 1,024.822 623,312 8,907.998 2,209,394 17,459,403 100 100 me 100 10c 10c 10f 10c 10c 10< 100,000 1,500.00( 300.000 500.000 50.000 600.001 100.001 1,500.001 100.001 300 001 100.000 500 001 1 .000,001 400.001 300,001 200,001 400,001 1 .000,001 200.001 600.001 $ A sh. Per share 100 330 140 267 160 247 94 143 166 223 250 y8 240 222 275 146 170 251 235 100 178 V4 i'QOH 10c 166 200 10c 200 209 P r s h a re 155 300 109 200 300 390 265 340 330 10c 285 10f 370 x l5 9 310 113 z310 280 375 350 29B 375 Pei 10c o260 258 10( 150 160 0437,143 221,923 6,200,000 3,576,166 185,000 4,000,000 10( 150 155 383.865 3.850.054 508.529 7,564,445 147,404 5,443,494 737,664 16,824,966 10c 10c 10c 10c 180 140 188 100 240 260 T o le d o — C om Sav B A T r Co D im e S B k A T r C o F ir s t N a ti o n a l B a n k C o m G u a r d T r A S av H om e B ank A T r Co M er S av Bk A T r C o O h io S B k A T t C o . P e o p le s S t a t e S B k . S ec u r S B A T r C oS p itz e r - R T A S B k T o le d o T r u s t C o . U n io n T r A S a v B k U n io n S a v e B a n k . . 200.00C 300.00C 500,001 1.400 001 1 ,000.000 150,000 l.OOO.OOC 150.000 600 000 3 0 0 .00C 5.000.000 250,000 250,000 12,411,643 8.585.354 9,161,036 24,367,507 8.007,962 2.470,565 33,573,771 2,250.000 10,098,213 3,246,855 27,881,828 1,773,632 1,773,552 10c 50 100 100 100 100 10c 100 100 100 100 Y o u n g sto w n — C e n tra l B an k C o . . C it y T r A S a v B a n k C o m m e r ’l N a t B k . D o lla r S a v A T r C o F i r s t N a t io n a l B a n k M a h o n in g N a t B k . M a h o n in g S a v A T r Second N a t B a n k .. S o u th S id e S a v B k 17,837 150,000 756,996 813,534 8 .800.038 600.000 691,040 5,805,593 500,000 2.500,000 2,074.185 16,359,281 2,500,000 2,191,445 16,725,807 464,364 3 ,550.595 1 .000,000 150,000 159,193 1,895,449 200.000 20,000 645,246 100.000 54,558 849,611 100 100 100 in o 100 100 100 100 100 420,317 *344,443 1,560,396 1,156.037 475,569 362,227 2,119,134 100.000 719,534 350,260 3,379,737 411,077 411,077 Per 280 225 330 170 150 320 300 150 210 220 165 166 245 Per 80 225 220 198 196 170 125 110 118 92 23 0 202 198 175 120 120 O K L A H O M A — N a tio n a l b a n k s D e c . 3 1 ; S ta te i n s t i t u t i o n s J u n e 3 0 . Q u th rle — F i r s t N a ti o n a l B a n k F i r s t S t a t e B a n k ___ S e c u r i ty S t a t e B a n k M c A I e s te r — A m e r ic a n N a t B a n k C it y N a ti o n a l B a n k F i r s t N a t B o f M cA O k la h o m a C ity A m e r ic a n N a t B a n k F a rm e rs’ N a t B ank F id e l i t y N a t B a n k . F i r s t N a t B a n k ____ L i b e r ty N a t B a n k . O k la h o m a N a t B k . S e c u r i ty N a t B a n k . T ra d esm en s N a t B k T u lsa — C e n tra l N a t B a n k . E xchange N a t B ank F i r s t N a t B a n k ___ N a t B k o f C o m ’e rc e P ro d u c e rs N a t B k S e c u r i ty N a t B a n k . 100.00C 5 0 ,0 0 0 2 5 ,0 0 0 6 8 ,8 4 6 1 0 .2 5 3 3 ,3 7 4 2 ,7 5 3 ,6 0 7 1 ,0 0 2 .8 1 6 3 6 0 ,0 7 3 P er s h a t ' 100 100 100 — — P er 100.00C 5 0 ,0 0 0 100.00C 1 9 ,6 1 3 * 1 0 ,8 0 2 3 1 ,5 0 0 2 ,0 6 3 ,5 5 4 4 2 0 ,5 2 8 1 ,6 3 0 ,9 5 1 100 100 100 2 5 0 ,00C 5 0 0 ,0 0 0 1 9 5 ,8 3 9 1 6 3 ,3 9 1 5 4 ,8 5 7 4 ,4 5 7 ,2 6 9 7 ,5 2 7 ,9 5 7 2 ,9 9 6 ,8 2 7 10 0 100 100 3 2 0 ,6 3 7 2 0 ,1 2 7 ,6 2 8 5 1 ,4 6 6 4 ,9 7 2 ,7 3 4 6 5 ,4 6 4 6 ,0 3 9 ,9 2 4 3 0 9 ,7 5 8 2 2 ,0 1 7 ,5 8 9 1 2 8 .4 0 2 7 ,3 5 3 ,4 8 4 2 6 ,6 8 5 3 ,0 7 4 ,0 8 1 3 0 0 ,0 9 5 1 2 ,3 0 3 ,8 0 9 1 0 0 ,1 5 0 6 ,1 9 1 ,0 7 7 100 100 100 100 100 100 100 100 3 1 5 ,2 0 6 9 ,1 7 0 561 5 6 4 ,8 9 7 3 3 ,4 8 2 2 5 0 2 7 5 ,4 6 8 1 5 ,5 4 8 4 9 4 10 0,00 0 3 ,3 9 8 ,0 8 5 5 0 ,3 8 0 4 ,3 1 9 ,4 7 6 1 6 0 ,3 4 1 4 ,1 3 6 ,5 9 2 100 100 100 200,000 1 , 000,000 200,000 3 0 0 .0 0 0 1 , 0 00,000 6 0 0 ,0 0 0 2 5 0 .0 0 0 5 0 0 ,0 0 0 5 0 0 ,0 0 0 1 . 000.000 2 ,0 00,000 l.o o n .n n o 200,000 2 5 0 ,0 0 0 5 0 0 ,0 0 0 C lo se d P er 200 225 300 125 325 175 P er •A art 200 175 200 250 200 200 250 225 250 250 220 50 165 175 300 300 175 170 300 300 37^ L80 230 L50 300 205 — O R E Q O N — N a t io n a l b a n k s D e c Q W B a te s A C o . C a n B k o f C o m ’ce C it iz e n s B a n k _____ F i r s t N a t io n a l B a n k H a r t m ’n A T ’m p s ’n H ib e rn ia C & S a v B L a d d A T ilto n B k . . L iv e S to c k S t a t e B k N ’w e s te m N a t B k . P e n in s u la N a t B a n k P o r t l a n d N a t ’l B k . U n ite d S t a t e s N B k W est C o ast N a t B k S e c u r i ty S a y A T r . L b r m e n ’s T r C o . B k 3 1 ; S ta te i n s t i t u t i o n s D e c . 3 1 . 2 1 ,3 3 5 1 1 8 ,2 1 1 7 2 ,3 5 5 200,0 00 2 .5 0 0 ,0 0 0 1 ,1 7 9 ,1 8 4 1 5 ,9 4 9 10 0 ,0 0 0 200,0 00 2 0 3 ,4 9 6 1 , 000,000 1 ,6 7 0 ,2 7 1 10 0 ,0 0 0 1 ,2 8 3 4 9 9 ,3 1 7 2 . 000,000 5 1 ,3 0 4 200,0 00 20 0,0 00 3 3 ,7 9 7 1 ,8 0 0 ,0 0 0 2 ,2 8 9 ,5 3 2 1 1 5 ,8 9 4 3 0 0 ,0 0 0 4 0 4 ,3 2 0 5 0 0 .0 0 0 200.000 5 1 ,3 0 1 10 0 ,0 0 0 3 0 0 ,0 0 0 P er sh are 1 ,2 6 3 ,0 5 9 3 ,2 5 6 ,7 6 4 2 ,9 7 8 ,5 6 6 3 5 ,5 0 0 ,3 6 9 5 2 7 ,7 7 7 6 ,5 5 8 ,4 5 4 2 3 ,3 0 0 ,9 0 8 3 4 9 ,4 1 8 2 1 ,2 5 6 ,4 1 9 2 ,0 4 9 ,6 7 5 1 ,8 1 3 ,5 0 1 3 5 ,9 3 7 ,5 9 5 2 ,9 8 1 .3 3 8 3 ,9 1 8 ,2 0 0 2 ,3 9 0 ,4 7 7 • S ale p ric e , a In c lu d e s C ity T r u s t & S avings B a n k , b S e p t. 29 1924. A N ew s to c k , k C a p ita l to b e in c re a se d , <flv iu £ rd . I L a s t sale , d Sold w ith F ir s t N a tio n a l B a n k , a J u n e 30 1924. e In c lu d e s O neida C o u n ty T r u s t C o . t In c lu d e s U n io n S ay in g s B a n k & T r u s t, t N o v . 15 1924. n M a r . 25 1925. g O c t. 10 1924. B id . P ar. 1 .000.000 1,800,000 250,000 400,000 2 ,000.000 2 ,000.000 1.500.000 1.500,000 8.600,000 4 .000,000 1 ,000,000 750.000 900,000 22.250,000 C o lu m b u s — B r u n s o n S a v B aD k . C it iz e n s ’ T t A S av C it y N a ti o n a l B a n ! C o lu m b u s N a t B k C o lu m b u s S a v B k C o m m e r ’l N a t B k F if th A v e S a v B a n ! H u n tin g to D N a t B1 M a rk e t E sc h B an l N a t B k o f C o m ’r e N o rth e rn Sav B k C o F irs t N a i B a n k . . . O h io N a t loD al B a n l D a> t o n — C it y N a ti o n a l B a n l D a y to n N a t B a n k M e r c h a n t s ’ N a t Bk A T ru st C o .. T h ird N a t B an k & T r u s t C o . _____ W i n te r s N a t B a u k C it y T r A S a v B a n k D ay tO D S a v A T C o S u r p l u s dk P r o fits . s 242,837 C le v e la n d — A m er Sav B an k C o B r o t h ’d o f L o c E n g C o -O p e r N a t B k C e n t N B ,S A T r C o C le v S a v A L o a n C o L o r a in S t S a v A T r . M id la n d B a n k ____ N a ti o n a l C it y B a n k P e a rl St S A T C o . . U n ite d B k A T r C o . C le v e la n d T r u s t C o G u a r d ia n S a v A T t L a k e E r ie T r u s t C o S ta te B kg A T r C o U n io n S a v A L C o U n io n T r u s t C o . . . M u sk o g ee— C o m m e r c ia l N a t B k F i r s t N a ti o n a l B a n k M u s k o g e e S e c N a tB b a n k s D e c . 31 ; S ta te in s t i t u t i o n s D e c . 3 1 . C e n tra l S av A T r . . C o m m e rc ia l 8 A T r D e p o s ito r s S a v A T r D im e S a v in g s B a n k O h io S t a t e B k A T r S ta n d a rd S av B a n k F lre s to n e P k T rA S B F irs t T ru s t A S B k . C a n to n — C e n t S av B A T C o D im e S a v in g s B a n k F ir s t N a tio n a l B a n k C in c in n a ti— A tla s N a t B a n k ___ B r ig h to n B k A T r C o B r o th e r h o o d o f R y C le rk s N a t B k . . C In n B k A T r C o . . C it z n s ’ N B k A T r C o C o lu m b ia B A S C o C o sm op B k A T r Co E a s t E n d B a n k ____ F i r s t N a ti o n a l B a n k L in c o ln N a t B a n k . N o r t h S id e B a n k __ P earl M a rk e t B au k 5 th - 3 r d N a t - U n T t . P e o p le ’s B k A S v C o P ro v 8 B k A T r C o S econd N a t B a n k .. o O h lo S B k A T r C o S to c k Y a r d s B k . . . W ash B k A S av C o . W e s te r n B k A T r C o F o u rth A C en T r C o U n io n T r u s t C o ___ 1 61 C O M P A N IE S 10 0 100 100 100 100 100 100 100 100 100 to o 200 2 10 170 185 200 210 175 300 135 125 190 350 135 150 138 325 375 100 150 175 100 d _____ 100 125 a A m o u n t p a id in . a E x t In c lu d e s tr u s t d e p o sits 62 BANKS AND T R U S T C O M P A N IE S PENNSYLVANIA—(Concluded) . P E N N S Y L V A N IA — N a t . b i t . l e n t . P M i a . ) D e c . 31; S ta te i n s t . D e c . 31. C a p ita l. Allentown— A lle n to w n N a t B k M e rc h a n ts N a t B k . Bldge A v e n u e B a n k Second N a t B a n k . . A lle n to w n T r u s t Co C itiz e n s T r u s t C o . . L e h ig h V a il T r C o . Penn T r u s t C o ------ Altoona— f i r s t N a t lo n a l B a n k S econd N a t B a n k .. O n io n B a n k ______ A lto o n a T r u s t C o . . C e n tra l T r u s t C o . . M o u n ta i n C ’y T C o Brie— 1 G ross D e p o s its . % $ P ar. B id . & Tr C o Harrisburg— B ast E n d T ru st C o. C e n tra l T r u s t C o . C o m m e rc ia l T r C o C o m m o n w ’l t h T r C c D a u p h in D e p T r C c H a r r is b u r g T r C o . O n io n T r u s t C o . . Lancaster— C o n e s to g a N a t B k . F u lto n N a t B a n k . . L a n c a s te r C o N Bk P e o p le ’s N a t B a n k F a rm e rs’ T ru s t Co G u a r a n t y T r u s t Co P e o p le ’s T r u s t C o . . O n io n T r u s t C o . . . Philadelphia— Rlc o f N o AmoTit T r B k A T r C o of W Phil B ro a d S t N a t B ank C e n te n n ia l N a t B k . C e n tra l N a t B a n k C o rn E x c h N a t B k . D ro v ers A M e r N at B ank . ---------East F a lls B k A T t . F o u rth S t N a t B an k F ra n k lin N a t B an k G ir a r d N a t B a n k . M id d le C ity B an k N a t B k of G e r m ’t ’r O v erb ro o k N a t B k . O ln e v B ank A T r . . O xfoird B a n k A T r . Q u a k e r C it y N a t B k S econd N a t B ank . _ S ix th N a t B a n k — S ’w e s te m N a t B a n k T e n th N a t B an k — U n io n N a t B a n k ___ W e st P h lla B a n k . . A ld ln e T r u s t C o ___ B ro a d S tre e t T r u s t . C en t T r A Sav C o .. G h e lte n T r u s t C o . . C o n t-E q T A T C o . rOUtJIQ1 llUBk V U -- F r a n k li n T r u s t C o . G e rm a n to w n T r C o A sk. P er s h a r e . 235 690 140 680 90 120 360 93 1 . 000,000 1,123.498 400.000 1,267.633 ®72,i26 80.000 s o n .000 1,038,627 249.774 200.000 2/ , .239 250.000 735,153 800,000 300.000 e200,033 7.929,262 5,886,534 1,219,490 5,675.470 2,101,565 2.605,435 5,423,339 2,002,327 100 100 50 100 30 25 50 50 483.925 484.033 e l9 l .640 547.181 291,494 251,663 3,176,227 3,125,081 1,988,845 2.235.977 1,903.188 2,239,304 100 100 100 100 100 30 142.450 1,597.134 125.000 300.000 1,212,340 8,008,178 641,241 7,000,269 300,000 298,263 4,414.337 200.000 BOO 000 991.824 12,041,246 166 100 77.685 1,521.549 857.546 7,593.568 400,000 617,570 4,919,790 2UU.000 100 100 100 100 100 100 100 100 . . . . 1 175 *400 _____ 1 215 - 1 205 250 ........... . . 1 130 1325 _____1 337M e71,600 200,000 s o n .000 657.773 712.939 400.000 <■96.292 1Z5.000 750.200 1,702.452 572 359 300.000 800,799 400.000 286,010 165.333 214,225 250.000 50 25 25 50 100 100 100 10 100 _____1 _____1 .......... 1 .......... 1 _____ 1 _____ 1 _____ 1 _____ 1 _____ 1 180.000 100.000 188.900 250 000 243,800 162.902 245 610 155 700 94 130 380 98 P er sh a re. d ____ l 300 d ____ l 500 _____ 1.200 275 _____ d ____1 210 57 Per B ank of E rie T r Co f i r s t N a ti o n a l B a n k M a r in e N a t B a n k . . P e o p le ’s B k A T r C o Second N a t B a n k . C e n t T r A T itle C o. ■ecur B a r $ S u r p lu s A P r o f it s . 60 sh are. P e r s& are. 200.000 729 881 200.000 345.793 300.000 671,947 g 200.000 312.459 263,125 110.718 225.000 1,135.073 800.000 184,058 250.000 1,589.999 200.000 553 000 250,000 460.654 300.000 247,401 1.593.509 3,772.385 3.464.329 i .090.862 6,563,246 4,210.231 3.714.528 1,343.009 2,845,739 175 72 172 85 34 425 280 325 16 155 P e r «5ar«. 4.200.806 100 _____ 1455 3.258.192 100 _____ 6290M 2,652.71 7 50 _____ 1 158 1,864.764 100 _____ 1 270 1.564.033 25 49 34 / 3 6 1M 50 __ 1,1.38.356 100 _____ 1 17713 9.059.971 50 ____/ 452 3.700.000 50 ..........1 226 3.076.263 50 ____ 1 196 3,037,958 100 _____1 207 D e p o s its o f 1 1 Ft 3.428.213 300 000 5.000 000 5 .9 i(h 622 52,466.646 250,000 160 046 2.358,678 375.000 284.483 c l , 989.518 300.000 906,229 6 938.000 1,250,000 5,258.446132.458.000 2 . 200.000 6,174,881 57,990,000 M a r . 30 19 25. P er s tia r e . 50 100 _____ 1 _____1 50 _____ ( 100 _____ 1 100 _____ 1 100 _____ 1 72J4 300 75 180 % 400 555 490 175,779 c2.505.973 100 _____1 150 % 50 _____1 100 128.513 1,085.456 1 610,000 6.161.000 100 _____ i 852 a 551.008 43.230,000 100 _____ 1 27594 o ! 189.119 o 2 .731,000 100 _____ 1 395 34 5.832.358 60 853.000 100 _____ 1 502 8.458.884 68.423.000 100 _____1 598 702 698 6.4S7.000 50 .......... / 155 016 IIS c5.782.982 100 .......... 1 621 o 8 1 8 0 0 0 22.039.000 to o .......... 1 305 50 _____ 1 69 ’l l 3.629 2,651,319 477 323 c7.579,241 100 _____ 1 179 l,i6 o .l8 4 !c 8 .4 6 1 ,7 0 1 50 .......... 1 325 238 527 c3.434,736 100 _____ 1 169 M -1 880 9. 026 390 9.089,000 100 620,908 8.031.000 100 _____ 1 266 1 144 714 6,432,000 100 ____1 613 _____ 1 112 23,631 c2,645,874 55 _____ 1 154 318,199 5,342,467 50 _____1 100 397,876 4,157,630 3 317 032 13.81 1.000 100 _____ I 50834 ’.3.V3 dSQ 12.621 .01 1 50 _____ 1 92 1 'ooo^ooo n noo ooo 1 1 966 289 116093000 100 _____ 1 410 208 M 5,296.000 100 803.356 'so o io o o 280.000 1,076.555 cl0559,068 100 __ _ . 1 501 235 6,321 000 _____ 1 100 638.582 300.000 500 OOO 920 187 10,247,000 100 .......... 1 ,175 _____ 1 1.898,000 100 222 ’4.38 200.000 643,868 6,196.000 100 _____ 1 261 500.000 440 SS4 4.943.000 100 _____ i 170 400 000 l OOO 000 1,489,875 10,455,000 100 _____1 295J3 1 noo ooo 2 71L 345 16,952,000 100 ____ 2 313 lio o o io o o 1,382,732 17,181,000 100 _____ 1 230 50 _____ 1 7 r, 250.000 *183,758 3 113,894 1 ,000.000 1,131.970 4,093,575 100 _____ 1 360 _____ 1 2,642,916 I 8 7,500 50 192 343 50 _____ 2 7013 170.392 1,574,310 250,000 12,280,374 50 _____ i 15013 750.000 1 ,2 2 0 ,5 /6 15153 276,469 4,059,988 100 800.000 ,500 000 735 969 9,524,831 50 .......... j 170 40O ooo 753.406 5,726,231 100 .......... 1 318 66 623 1 .428.525 125 000 1 451 575 .3 479 382 10.714.926 100 _____ 1 408 50 .......... 1 241 1 ,000,000 l[8 i4 i6 1 3 12i86ib939 50 .......... i 45 100.508 , 1,580.584 221.225 _ . i 150 50 435,221 4,938,162 175 322 QR91 5.085.253 100 200 ooo _ 568 5 200*000 17.73.VS70 51 '450!679 100 14034 MOO 3,665,279 1,091,974 \100 _ _ .1 100' " n l 530 000 7SR 884. 1 7.584.897 50 _ . 250 000 205 J3 1,500^000 2,081,567 21,834,363 100 .......... 29013 1.000.00C 1,698,111 15,658,741 100 ........... 400 337.1 14 3.867.97E 5C _ . i 187 200 00C 1060 2.500,000 in.656^699 54.905.691 j 100 | 1 1 500.000 125.000 275 000 1 500 000 3.000.000 2 .000.000 2,000.000 350 000 200 000 1 000 000 300.000 500 000 200.000 800 000 250 000 400 000 200 000 300.000 250.000 500.000 [V o l. 120. C a p ita l. P h i l a . — ( C o n .) G uar T r A S D C o . H a d d in g to n T A T C o H a m ilto n T r u s t C o H o lm e sb u rg T r C o . In d u s ’l T r , T A S av In te g rity T r u s t C o . Jefferso n T A T r C o K e n sin g to n T r C o . L a n d T itle A T r Co L ib e rty T A T r C o . M ark et S t T A T Co M an ay u n k T ru st Co M e tro p o lita n T r Co M u tu a l T r u s t C o . N in th B an k A T r C o N o rth e rn C e n t T r . N o rth e rn T r u s t Co N o r th e a s t- T a c o n y B an k A T r u s t ___ N o r th e a s t’n T A T r N o P h lla T r u s t C o N o r W estern T r Co P a rk w a y T r u s t C o . P e lh a m T r u s t C o . . P e n n C o fo r In s u r on Lives A G r An P e n n W ’h ’gA SD Co P h ila d e lp h ia T r C o. P hoenix "Trust C o . . P ro v id e n t T r u s t __ R ea] E s t T r C o.com do do Dref R ea] E s t T 1 A T r . . R ep u b lic T ru st Co R ichm ond T r u s t Co R oxborough T ' Oo S usq. T itle & T r . C o S ou itiw ark T A I 'r . T acony T ru st Co _ T ioga T r u s t C o . . _ U n ite d Sec L I A T . W est E nd T r u s t C o W e s t P h ila T A T C o 1 1 .000,000 125,000 200.000 125.000 500.000 750.000 200,000 500.000 3.000.000 500,000 500,000 250.000 500,000 451 200 750,000 400,000 500.000 S u r p l u s dk P r o f it s . C r o ss D e p o s its . 8 843.535 169,230 293,877 116,049 1,934,253 3.536,818 38,630 1,071,978 12,546,483 659,004 1,317.570 385,664 200,572 266.882 1.819.707 148,936 2,946,728 * 113.302 1.090.881 63,256 1,720,675 855.243 8,628,689 964.527 10.011,074 84,006 1,437,567 217,373 2,325,068 3,964,990 i 000 000 i 666.660 300.000 2.000.000 1.319.600 1.890,100 2,000 000 500 000 139,200 1 Ml OOP 143,629 125,000 150 000 125.000 1 .000.000 2,000.000 500.000 17,465.210 55,559,698 372,876 832,870 6,008,408 23,542,352 74,489 941,243 8.517,306 14,997,816 1,282,503 6,462,147 P e n n T r C o _______ U n io n T r u s t C o __ W a s h i n g to n T r C o . W o r k i n g m a n ’s S a v H ank A T r u s t C o P er 100 100 100 50 50 60 50 50 100 50 50 35 50 50 100 50 100 shars .......... 1 166 ...........i 17 7 )4 20534 .......... 1 8 5 % . . . l 251 _____ 1480 .......... 1 65 .......... 1 60 34 ' 2 675 _____1 183 .......... 1 278 _____ 1 90 .......... 1 70 1 95 40034 _____ 1 8 4 ' .......... 1 650J4 50 ao .......... j flO 171)4 02 1 212 1 320 1 135 50 100 100 _____ i 180 207,500 97,263 59,212 698.160 292.279 4,893,929 207,858 704,996 819.282 1.591.319 1.406.851 2,158,487 263,957 870.050 1,000,350 4,052,393 1,056,659 190,125 235.600 7,305.196 264,888 e l , 087,703 217,873 125,600 504.358 1,185.604 310.658 271 .984 5.561 > 3 5 10.545 2,290.000 521,862 165,373 314.359 175,989 331694 1,143,450 401,285 5.546.946 1 .764.618 482,211 857,893 76,856 4,271,292 1,552,111 •3031209 e l , 587,937 59,619 278,126 0588.728 5,915,359 274,513 80,000 232,964 2.216.325 17,178,992 6,325.503 2,351.674 1,671,477 2,123,799 1,238,417 6,526,037 3,300.421 25,244,282 27.835.125 3,385,464 5,480,259 1,651,997 18,151,948 12,243,705 1,478,775 11,503,174 1,475,038 9,535,746 521.530 15,330,868 3,531,471 2,925,000 2,816,219 4,103,723 328,056 1,764 180,999 13,369 184,786 238.994 123.047 1.099,136 2,254,037 910,474 284,519 3,696,032 78,781 1,449,667 e72,095 1,643,323 353,490 5,183,193 3,000,000 8 081 .268 283,635 250.000 2,000,000 2,559,728 500 00(1 505,592 150 000 197,000 400 000 130,000 125 OOO 190,190 4 oo !ooo e504l931 65 785 i «b n o n l.SOOiOOO 44,508,713 350.00C 1,264,221 125 nor 561,125 143,750 125,000 1 OO.000 B id 100 _____1 701 1 m< u 50 11750 100 50 4734 100 _____1 641 100 .......... 1110 1 123 non J 550 9,577,971 100 4,081.975 50 .......... 1 100 1,067,091 l 125 2,305.705 50 319,382 1,174.642 . 0 .......... 1220 b 276 1,975.076 100 2,412,370 50 ____111 12 6,005,472 100 _____1 1 7 5 )4 16,630.252 100 ..........<|295 7.759,233 50 .......... 11212 State In stitutions Dec. 31 1924. 3.222.498 50 2,081.191 1,149,672 4,103,454 50 240 1.569.378 50 51,659.132 50 135 2.536.693 88 50 12,239.992 9,221,571 14.821.828 50 11.430.124 100 19.202,407 100 325 38.303,223 8,530.410 100 200 1 8,643.807 90 50 47,462.037 12,150,442 ___ _ 2,464.512 50 100 2.230,000 100 63,316,711 LOO 257 5,029,409 734,522 100 2,328,744 3.664.705 50 3.880,169 100 8.742.087 100 220 1.384.310 50 2.400.518 100 120 153927 759 106 P itts b u rg h — P e o p le ’s T r u s t C o . . P itts b u r g h T r C o . . P o tte r T itle A T rC o 11,075.728 3,124.502 3,857,266 1,522,410 10,584.036 15,096,194 1,259,131 12,153,852 21,567.416 5.771,262 12.658.857 3,004,786 2.554.527 5.501 .088 14.983.470 2,733,823 11,884.701 250,000 200.000 500.000 150 000 125,000 150,000 A llegheny Val B an k 100,001 All N a tio n s D e p B k 75 OOO A m S ta te Bk of P itts 200.000 A n c h o rS a v B a n k .. 150 000 A rsenal B a n k . . . 100 000 B an k of P ltts b , N A 3,000.000 B k of S ecured S a v s . 125.000 B ra d d o ck N a t Bk__ 500.000 C itiz en s Sav B a n k . 150.000 C ity D ep o sit B a n k . 200 000 C o lu m b ia N a t B an k 600 000 600 000 D o lla rS a v ln g s B ank 2,003,343 D u q u e sn e N a t Bk 500 011(1 E x ch an g e N a t B ank 75 o !66 o F a rm e rs D ep N a t . . 8,000.000 F a rm e rs D epos Sav 500,000 F ifth A venue B ank 100.000 F irs t N Bk of B lrm 100.000 F irst N a tio n a l B ank 5.000.000 F o u rte e n th S t B ank 200 000 F reeh o ld B a n k __ 200 000 H ig h la n d N a t B ank 200 i 000 H om ew 'd Peop B k. 100,000 Iro n A G lass D ol Sav 172.700 K e y sto n e N a t B ank 600.000 M a n u fa c t'rs B ank 100 ooo M a rin e N a t B a n k . 300 000 M ellon N a t B a n k . 7.500,000 M e tro p o lita n Sav B k A T r C o ____ 200 000 M o n o n g ah e la N Bk 1.000.000 200 000 in n non 200 000 P e n n S avings B ank 100,000 P it ts b S ta te B a n k . 100.000 Second N a t B a n k .. 300.000 T h ird N a t B a n k __ 500.000 *2 non ooo 1 noo ooo 250 000 A llegheny T r u s t Co 700;ooo B loom field T r C o . . 125.000 C o lonial T r u s t C o . 2.600.000 1 500 000 C o n tin e n ta l T r C o . ’45 o !66 o D o lla r S a v A T r Co 1,000 000 D o rm o n t S A T C o 125,000 E a s t E n d S av A T r 250,000 F a rm e rs D epos T r 1 320 non F id e l T itle A T r Co 2!606!666 F r a n k lin S av A T r . 175,000 H a z le w ’d S A T Co 105,400 H ill T o p S A T C o . . 150,000 M a n c h e ste r S avings B a n k A T r u s t Co 250,000 M erch S av A T r Co 125,000 20QJ1Q0 300^000 P ar. 20.812.692 2i341,390 15.716,815 6,704,592 1,362,438 4,492,304 1 J73^249 568,154 530.067 134970 219 7,682,841 4 .2 0 2 .7 9 2 ! 11438.300 1,634,393 12,406,413 100 100 300 100 1 no 140 100 50 TOO 101 100 350 in n 50 100 195 72 _____ ----- 50 195 in n 100 100 310 197 215 100 390 25 106 130 50 ------------- 50 50 100 100 ._____ ____ _ 83 60 325 166 275 10c 220 10c in n 100 100 166 100 166 4000 10C, 500 BO --- _____ _. 550 80 ............. 900 • S a le p ric e a C a p ita l p a id In; a u th o riz e d a m o u n t la la rg e r. 6 C a p ita l to be In creased . g M erg ed w ith P e o p le ’s T r u s t C o m p a n y , d L ast s ale a y e a r a g o . » J u n e 30 1924.a * E x - d lv . i L a s t sa le . « In c lu d e s N in th T . A T . C o. A N ew s to c k , r Sold w ith N in th N a t. B a n k , n N o m in a l^ ( O c t. 10 1924. e S e p t. 19 1924. e D e c . 31 1924. A pril, 1925.] BANKS AND T B N N E S S E E — N a t i o n a l b a n k s D e c , 31; S ta te in s t i t u t i o n s N o v . 1 2 . P E N N S Y L V A N I A ( C o n c l u d e d ) . — S ta te B a n k s D e c . 3 1 . C a p ita l. S u r p lu s A P r o fits . D e p o s its . g o a d in g — $ % $ f a r m e r s ’ N a t Banli 400.020 1.202.710 7 .3 87.824 355 971 1,361 211 K e y sto n e N a t B ank 100.000 N a tio n a l U n io n Bk 200.000 997 558 2.518 842 P en n N a t B a n k , . . 832.854 5.807.272 3D0.000 B ead in g N a t B a n k , 600.000 1.386 5 6 8 .8 54.472 ■ econd N a t B a n k .. 300.000 1.009.232 2.475.6871 B erks C o T r u s t C o . 801.581 6,249,353 750.000 C olonial T r u s t C o . 279.367 3.209,787 500.000 P e n n sy lv an ia T r Co 1.000.000 2.089.389 12.246 458 R eading T r u s t C o . 590,000 1,280.228 2,674.235 S c ra n to n — B osak S ta te B a n k .. 200.000 419.629 5.363 101 C o u n ty Sav B a n s ... 5 '6.396 8 236.051 4 0 0 .UU0 B lectrlc C ity B a n k . 140.213 1.454.660 80,000 f i r s t N a tio n a l B an k 1.500,000 3,073,841 31 .612 470 68.742 697.294 G reen R idge B a n k . 50.000 146 521 1 397.143 K ey sto n e B a n k ____ 125,000 N o rth S c ra n to n B k 138.203 2,838.734 200,000 Providence B a n k .. 75.000 /1 6 0 ,813, 1.552,424 Peoples Sav A D im e i B a n s T r C o ____ 1,030.000 1,410.735 15,510 185 S o u th Side B a n k __ 258 279 2,697.436 200,000 T h ird N a t B a n k . . 400,000 1,360 620 9.241 867 500.000 972.647 10.131 ,302 T ra d e rs ’ N a t B a n k . 310.495 3.468 253 U nion N a t B a n k __ 500.000 W est Side B an k ___ 300,785 2.834 757 120,000 /2 7 2 .0 4 7 3.740 379 A n th ra c ite T r C o . 350,000 L incoln T r u s t C o _ . 225.656 2.593 862 500,000 W ilk e s - B a r r e — 320.914 3,177,104 200,000 O lm e B k T itA T r C o F ir s t N a tio n a l Bank 91 1 .38 » 7 573,752 375,000 H an o v er B k A T r _ 125.000 135 324 1,421,470 M in ers’ Bk of W -h . 2.000.000 4.257.017 17.860.683 265 861 2.492 222 P e n n B k A T r C o ._ 200.000 Second N a t B a n k . . 1.000,000 2.638,838 11 .314,683 107.616 1.834.840 Bo Side Bk A T r Co 125.000 101.156 1.507,507 U nion Sav Bk A T r 250,000 6'2.5.8 W -B D ep A Sav Bk 5.296,726 300.000 93 1.823 5.031.1 18 W yom ing N a t B> n k 500.000 W yom lne Vai T r C o 350,000 1,250.000 6.309.843 W illia m p o r t — F irst N a t o n i B ank 513 356 3,708 424 300,000 Lycora n g N a t B k. 412.953 1.484,583 200.000 W est B ranch N B k . 500.000 2,022 053 5 440 5 42 342,196 1,175.022 W illiam sp o rt N B k . 250.000 tfc rth e rn C e n tra l T C o . . ...................... 500,000 /t2 4 ,6 7 B 3,373,105 ■us , T r u s t ^ o _____ 530,000 /6 6 4 .S 6 8 3,213.331 Y o rk — 152,749 1,240.375 C en tra l N a t B a n k 200.000 273.515 l .833.837 D rov A M ech N Bk 100.000 448.882 5.045.212 f i r s t N a tio n a l B ank 500.000 295 3 44 2.236 624 W estern N a t B ank 225,000 800 363 2,994 246 York C o N a t B an k 300,000 York N a t’l B ank 500 000 4 8 7.0 »6 3.363 150 C itiz S av s A T r C o. 110 925 2 366.718 500.000 423.370 2.833.797 G u a r T r C o of Y ork 425 000 415,163 3,143.063 Y ork T r u s t C o ____ 800,000 P ar. B id . 50 100 50 100 50 50 50 50 Per 150 423 140 390 420 395 32 22 440 300 Per 170 395 110 605 135 110 180 160 10C 5C LOO IOC 100 50 50 100 410 184 495 475 170 145 204 190 30 100 25 100 100 100 10 10 10C 100 100 LOO 100 LOO share. 155 420 145 400 425 400 35 23 455 310 share. io l 415 505 R H O D E I S L A N D - - N a t t o n a l b a n k s Dec. 31; S ta te in s t i t u t i o n s Feb. 26. A quldneck N a t B k . N a t E x ch an g e B ank N ew p o rt N a t B ank N e w p o rt T m s t C o . P r o v id e n c e — B lack sto n e C an N a t C o lu m b u s E x ch B k H igh S tre e t B a n k . . M ech an ics’ N a t Bk M e rc h a n ts ’ N a t B k N a t B an k of C om m N a t E x c h a n g e B an k Pbenlx N a t B an k _ _ P ro v id en ce N a t Bk in d u s tria l T r u s t Co L incoln T r u s t C o _ R hode I H os T r Co U nion T r u s t C o ___ W o o n s o c k e t— C itiz en s’ N a t B an k N a tio n a l G lo b e B k . P ro d u c e rs ’ N a t B k . P er 200.000 1 0 0 ,OOC 1 2 0 .OOC 3 0 0 .OOC 156,609 2,290,407 121,057 , 870.008 n75 385 538,264 316,521 2,464,931 91 135 799,880 0118.088 187.781 391.938 1.632.334 1.311,997 1.081.336 1.165.685 1,387,526 4 nnn nno 8.794.336 128 261 125,000 3 ,0 0 0 ,0 >0 6,411,656 815,096 1.000.O00 3,092,994 25 60 2,501.789 50 2.232,349 50 95 60 6.006.310 50 9.710.811 50 108 6.780 116 50 80 15.722.803 100 154 2 597 646 50 108 2.878.259 100 230 111086443 100 335 895 989 25 80,319,426 1000 4100 19,520,533 100 150 Per 100.000 100.000 200,000 46,246 102.496 303,589 180 93 150 Per s h a r e . 1 500.000 200,000 120,000 500,000 1.000.000 850.000 1,250,000 450.000 500.000 share. *93 50 50 60 10C 1,001,216 774.836 2,650,528 100 25 20 110 45 35 sh a re. 47 S O U T H C A R O L I N A — N a tio n a l b a n k s Dec. 31; S ta te in s t i t u t i o n s Dec. 31. C h a rle s to n — A tla n tic N a t B an k A tla n tic Sav B a n k . Bk of C h a rl’n .N B A C aro lin a Sav B a n k . E x ch B kg A T r C o . F irst N a tio n a l B an k M in ers A M erch B k P eo p le s N a t B a n k . S e c u rity Sav B a n k . 8o C a r L ’n A T r Co Per 200.000 200,000 1.000.000 200.000 150,000 200.000 50.000 1,000,000 50,000 100,000 O re e n v ille — A m er B k A T r C o ._ B an k o f C om m erce F a rm e rs A M e r B k . F irst N a tio n a l B an k N o rw o o d N a t B k . . P eoples N a t B k ___ P ie d m o n t S av A T r W o o d s id e N a tB k . 225,000 300,000 25.000 200.000 250,000 200,000 50,000 2 5 0 ,0 0 0 115.597 393,772 652,771 173.533 82,137 315.110 31.227 289,747 25,284 41,606 2,998.530 4,905.945 8,863.219 2,727,957 950,7871 2.415,745 407,828 6,937.031 1,920,225 831,490 100 100 100 100 100 100 100 100 100 100 157 276 160 225 172 300 125 105 225 100 sh are. 300 170 250 325 130 110 250 125 S ta t e b a n k s J u n e 30. 026.130 1,751,631 0157,866 1,104,732 341,323 02,743 246,222 1,505,758 465,602 5,986,572 365.515 2,792,173 069.663 1.620,778 79,122 3,030,764 100 100 50 100 100 100 105 113 m ___ 230 300 304 115 50 312 e 100 119 122 135,522 681,380 100 170 55,000 1,000,000 100 150 57,368 1,059,274 100 108 316,099 2,332,528 100 168 514,939 100 17,068 75 208,041 3.112,202 100 150 131,801 904,873 100 235 031,426 501,075 100 155 175 155 111 172 80 155 240 S p a rta n b u rg — A m erican N a t B k . . B a n k of C om m erce C aro lin a N a t B a n k . C e n tra l N a t B a n k . D o lla r S av B a n k __ F ir s t N a tio n a l B a n k M e r A F a rm B a n k . S o u th e rn T r u s t C o . 150,000 100,000 200.000 4 0 0 .0 0 0 100,000 5 0 0 ,0 0 0 100,000 6 0 000 C h a tta n o o g a — A m er T r A B kg Co_ C h a tta n o o g a S B k . F lrst N a tio n a l B ank F ir s t T r A S a v B an k H a m ilto n N a t B ank H a m ilto n T r A S B . S u r p lu s A P r o fits . C r o ss D e p o s its . P ar. $ $ 549.679 2,613.217 436,544 5,225,064 1,100,172 16,953.758 n 9 1 ,755 1,131,303 831,284 12,653,878 0166,461 3,487,020 100 100 100 100 100 100 600,000 1,000,000 200.000 500.000 300.000 500,000 545.594 11,017,673 n756,765 6,306.532 n73.348 2,840 651 349.456 3,466.000 259,249 1,786,715 202,798 5,409,442 100 225 100 230 100 100 180 100 165 100 165 S _ P e r *knr » 250 252 200 200 175 Per s h a r e . B an k of C o m A T C o 3,000,000 2,504.644 33.890.984 C e n t S ta te N a t Bk 658.005 10,195.408 600 000 C o lu m b ia Sav B ank 43.941 689,936 100.000 F irst N a tio n a l B ank 775.519 8.194.696 500,000 A m er S B A T r u s t. 119,750 2.001.408 100 000 F id e lity B k A T r C o 1,000,000 6100.000 1,121,274 L ib e rty S Bk A T r . 165.251 3,716.082 200,000 230.521 4,020.447 M an Sav Bk A T r . 150.000 S o lvent S B k A T r . 722.977 100,000 100,000 S ta te S avings B ank 75.004 1,391,380 50,000 U nion A P la n te rs ’ B a n k A T r u s t Co 2,500,000 257,415 32,402,634 100 100 100 100 100 350 249 161 ‘2 72 250 93 100 100 545 8 10 100 300 100 N a s h v ille — A m erican N a t B an k A m erican T r u s t . . B ro a d w ay N a t B ank C e n tra l N a t B an k . C om m erce-U nion Bk F o u r th A ls tB A T Co F o u rth A F irst N B T ennessee H e rm it age N a t B a n k __ N a sh v ille T r u s t C o A rt Per ehar> K n o x v ille — C ity N a tio n a l B a n k E ast Tenn N at B k . E a s t T e n n Sav B k . H o lsto n N a t B a n k . T h ird N a t B a n k ___ U n io n N a t B a n k ___ B id . 500,000 750.000 1,000,000 500.000 1,500,000 250.000 M e m p h is— 225 100 225 50 11243 115 Per share. 100 130 100 250 100 180 100 177 20 60 25 48 25 32 43 25 5243 50 100 N e w p o rt— C a p ita l. A sk. 200 Per share 165 28 5 300 105 108 158 163 225 230 320 315 105 no 152 118 310 325 142 137 205 215 Per share. 275 375 300 300 525 530 235 235 30 100 50 50 100 100 50 100 50 50 30 63 T R U S T C O M P A N IE S 110 Per 1,500,000 500,000 300,000 300,000 500,000 420.000 1,400.000 300,000 350.000 355 275 96 205 10 112 sh a ve. 1,218.348 19,061.481 0223.739 4,54 1.656 275.000 4.088.759 112,783 2,003.254 n 3 0 1.637 5.495.812 0167,541 6.637,051 1,628,816 19,238.497 100 100 100 100 100 100 100 1300 300 250 148 185 290 290 307 307 270 152 195 300 300 ‘ 71.094 n461,440 100 .100 100 245 105 250 1,317,517 3,733,930 T E X A S — N ational banks D -c. 51; itar.e in stitutions Dec. 31. P er A u s tin — 727,294 8,406,896 ioa A m erican N a t BanK 300,000 A u stin N a t B a n k .. 726,338 7,265,899 100 30P.000 S ta te N a tio n a l B k . 56,117 1,747,899 10 j 100,000 B e a u m o n t— P er 456.775 4,470,935 100 A m erican N a t B ank 250.000 C ity N a tl B a n k __ 1,863,031 100 250.000 390,221 6,071,451 100 F irst N a tio n a l B ank 400.000 104,932 2,722,008 100 T exas N a tio n a l B k . 250,000 Per D a ila s — A m E tc h N a t B ank 4.000,000 2,500,000 47,897,023 lOu 270 79,142 4,620,670 100 C e n tra l S ta te B ank d l ,000.000 72^ C ity N a tio n a l B ank 3,000.000 1,438,002 33,358,899 100 295 M e rc a n tile BAT Co 500.000 0196,622 5.548.532 100 134 154,24 i 6,116,685 100 135 D a lla s N a t B a n k .. 500.000 527.386 18,365.682 100 150 R ep u b lic N a t B ank 1,500.000 333.183 5,070,463 100 270 N a t Bk of C o m m ’ce 150,000 S o u th w e st N a t B k. 2.000.000 155,945 9,810,294 100 50 D allas T r A Sav Bk l.o o o . nno 406,1 U 4,884,335 100 145 85,242 4 ,773,300 R ep u b llcT rA S a v B k 500,000 115 El P a s o — 300,688 11,270,896 100 150 F ir s t N a tio n a l B ank 1,000.000 191,677 10,640,974 100 250 S ta te N a t B a n k .. 300,000 28,268 3,467,984 100 A m er T r A Sav B k . 350,000 50 F o r t W o r th — Per 10,750,196 100 100 169,103 C o n tin e n ta l N a t Bk 750,000 314,022 14,655.313 100 140 F a rm A M ech N Bk 1.000.000 700.000 21,326.435 100 250 F ir s t N a tio n a l B an k 1,000.000 n l4 .6 0 0 600,000 100 F t W o rth S ta te B k . 100.000 90 F t W o rth N a t B ank 600.000 1,529,348 19,096,144 100 400 S to c k y a rd s N a t Bk 115,850 3,948,280 100 250 200,000 T ex as N a t’l B a n k .. 253,911 5,562,155 100 275 400.000 G a lv e s to n — P er 226,163 7,333,140 100 175 C ity N a tio n a l B an k 200.000 245,521 3,473,329 100 195 F ir s t N a tio n a l B ank 200.000 233.000 4,998,000 100 Sou T ex as N a t’l Bk 400,000 U S N a tio n a l B an k u l . 000,000 70,118 15,846,956 100 100 H o u sto n — N o m in a l 410,042 100 C itiz en s S ta te B an k 100,000 5,229 75 843,169 33,059,195 100 235 F ir s t N a tio n a l B ank 2.500,000 96,541 1,657,480 100 150 G u a ra n ty N a t B ank 200,000 H o u sto n N a t B k___ 800,120 10,191,563 100 200 600.000 Second N a t B k ____ 1,000.000 800,000 14,918,978 100 235 N a t B ank of C om m 583,467 8,862,215 100 235 500,000 30,000 1,304,133 100 100 P eoples S ta te B an k 150,000 38,432 2,164,762 100 100 P u b lic N a t B a n k . . 300,000 7 i,4 4 4 7,004,057 100 165 S ta te N a t B a n k ___ 400.000 U n ion N a t B a n k ___ 1,000,000 977,263 16,661,159 100 220 Sou T exas C o m m erc ial N a t B a n k ___ 1,000,000 1,400,000 25,548,151 100 325 G u a rd ia n T r u s t Co 390,775 2,275,886 100 285 300,000 H o u sto n L a n d A T r 1,000,000 445,120 4,219,032 100 150 152,092 2,538,651 100 140 S an J a c in to T r u s t . . 300,000 S a n A n to n io — P er 330,674 8,832,590 100 A lam o N a t B a n k . . 1,000,000 220,441 13,041,334 100 C ity N a tio n a l B an k 1,000.000 C o m m e rc ial N a t B k 200,000 38,213 1,878,433 100 599,547 9,711,139 100 F ro st N a tio n a l B an k 1.000,000 139,106 1,802,456 100 G roos N a t B a n k . 250.000 G u a ra n ty S ta te B k 126,173 4,034,739 100 150.000 L ockw ood N a t B k . 369,187 2,720,572 100 200,000 N a t B k of C o m m ’ce 262,489 5,148,201 100 600,000 Sam H o u sto n S t B k A T r u s t _____ __ 10,000 403,400 100 100,000 197,856 2,386,755 100 S an A n to n io N a tB k 500,000 50,770 3,475,398 100 C e n tra l T r u s t C o . 200.000 C o m ’w ’lth B A T C o 131,445 2,792,242 100 300.000 T ex as S ta te B k A T r 300.000 40,488 2,717,514 100 W ac o — P er 300,000 9,907,469 100 154 C e n tra l N a tio n a l.. 1,000,000 C itiz e n s ’ N a t B an k 250,000 183,207 3,251,113 100 200 F ir s t N a tio n a l B a n k 1,000.000 300,000 9,901,467 100 210 63,903 1,914,351 100 105 F ir s t S ta te B A T C o 300,000 116,955 3,185,954 100 170 L ib e rty N a t B a n k . 300,000 30,226 N a tio n a l C ity B a n k 100,000 556,276 100 90 194,436 3,145,055 100 210 P r o v id e n t N a t B k . 300.000 sh are. 138 sh are. sh a re . 280 75 300 136 160 60 147>6 125 170 305 75 sh are. 110 150 300 100 440 300 300 sh are. 185 205 110 p r ic e s 85 • 250 165 225 240 245 105 110 185 225 350 305 150 sh a r e sh are. 160 210 220 175 100 220 • S a le p ric e , o C a p ita l a n d su rp lu s to be in c re a se d , b J u ly 15 1924. c O c t. 10, 1924. d N o w C e n tra l N a tio n a l B a n k , k C a p ita l to b e In creased , p A m o u n t p aid in x E x -d iv id e n d , y C losely h e ld . I L a s t sale, n M a r . 31 1924. * In c lu d in g F ir s t S avings B an k A T r u s t C o. s to c k « Sold w ith F ir s t N a tio n a l B a n k . In c lu d e s tr u s t fu n d s. u Succeeding T e x a s B a n k <fe T r u s t C o . t E x -rig h ts . J In c lu d e s A m erican T r u s t C o . / S e p t . 19 1924. m P resen t sto ck re p re se n ts a n tic ip a tio n in o n e-h alf o rig in al c a p ita l, g D e c. 31 1924 64 BANKS AND U T A H — N a t i o n a l b a n k a D e e . 3 1 ; S ta te i n s t i t u t i o n s D e e . 3 1 . C a p ita l. O gden— C o m m e r c ia l N a t B k N at B ank of C om m B e c u rlty S t a t e B a n k F irs t A U ta h N a t B k S 1 0 0 ,0 0 0 2 5 0 .0 0 0 2 5 0 ,0 0 0 100 000 1 5 0 .0 0 0 5 0 0 ,0 0 0 8 s it L a k e C ity — C o n tin e n ta l N a t B k D eseret N a t B a n k . D eseret S av B a n k . N a ti o n a l C o p p e r B k U ta h S t a t e N a t B k . U ta h S a y A T r C o . W a lk e r B ro s , B 'k e r s E to n S a y B k A T r C o 6 0 0 .0 0 0 5 0 0 000 5 0 0 .0 0 0 3 0 0 .0 0 0 5 0 0 000 3 0 0 .0 0 0 8 5 0 .0 0 0 1 .9 0 0 .0 0 0 S u r p l u s dk P r o fits . $ 1 0 9 ,1 2 9 5 4 ,5 7 6 1 6 3 ,3 8 2 2 9 3 .0 0 3 5 0 ,3 9 2 1 2 2 ,2 6 9 G ro ss D e p o s its . P ar. W E S T V I R G I N I A — N a t i o n a l b a n k s D e e . 3 1 ; S ta te i n s t i t u t i o n s D e e . 3 1 . B id . $ 1 .3 1 8 ,1 3 8 2 ,2 3 3 ,4 1 4 3 ,2 7 7 ,3 1 8 7 ,0 5 7 ,4 7 5 1 .2 5 1 ,3 7 2 5 ,8 2 8 ,2 4 1 100 100 100 100 100 100 175 100 255 600 90 150 1 5 4 ,8 2 4 1 1 ,3 6 6 ,7 6 6 6 6 7 ,1 6 3 5 ,8 8 0 .8 9 5 2 6 2 ,7 9 2 5 .8 3 2 ,3 0 2 6 1 ,2 0 9 7 ,1 9 9 ,0 5 7 3 7 5 .9 3 5 9 .7 2 5 .7 0 5 179 ,1 0 1 1 ,8 3 6 ,5 4 6 5 3 6 ,6 4 8 2 0 .8 8 7 ,9 1 4 6 0 1 ,4 1 8 1 0 ,7 2 6 ,8 2 8 100 100 100 100 100 100 100 100 127 272 200 125 185 139 235 237 A sk. 200 105 255 95 155 Per s h a r e 135 276 201 150 187 140 242 247 V E R M O N T — N a t i o n a l b a n k s D e c . 3 1 ; S tate in s titu tio n * J u n e 3 0 . 7 5 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 7 0 ,0 0 0 d l2 0 .2 6 7 d 4 7 ,2 3 3 2 ,3 6 7 ,9 4 2 3 .1 1 0 ,3 7 0 1 ,6 2 4 ,0 9 0 100 100 100 B u rlin g to n — C h i t t e n d e n C o T r_ _ H o w a rd N a t B a n k M e rc h a n ts N a t B k . B u rilu g to n T r C o__ 1 2 5 ,0 0 0 5 0 0 .UU0 1 5 0 .0 0 0 2 5 0 .0 0 0 <1162,483 3 0 2 .9 2 1 a 2 1 4 ,0 0 0 (1471,411 3 ,1 2 9 .8 1 2 2 ,0 4 9 .6 9 9 d 4 6 3 ,0 0 0 5 ,0 3 5 ,5 6 2 180 100 40 100 150 125 60 150 M o n tp e lie r — C a p ita . 8 B & T r Co F i r s t N a ti o n a l BanV M o n tp e l ie r N a t B k M o n t p ’r 8 B A T C o 1 0 0 .0 0 0 1 0 0 ,0 0 0 1 5 0 .0 0 0 1 0 0 .0 0 0 (1175.515 4 8 ,5 9 3 1 4 7 .1 9 8 2 2 6 ,5 3 3 2 ,7 6 0 ,8 2 9 2 ,4 2 0 .3 8 2 1 ,9 6 4 .5 5 8 4 ,5 9 8 ,8 4 8 100 100 100 100 165 125 125 350 R u tla n d — B a x te r N a t B a n k .. C le m e n t N a t B a n k . K llllu g to n N a t B k R u t l a n d C o N a t BV R u t l a n d T r u s t C o_ 1 0 0 .0 0 0 100 000 1 0 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 9 4 .0 0 0 2 0 4 .7 2 6 d l 18.622 1 2 7 ,3 6 2 d U 3 ,6 0 1 5 4 8 ,0 0 0 2 ,6 0 3 ,0 0 0 4 0 0 ,5 6 6 1 ,3 0 5 ,0 0 4 1 ,2 7 6 ,1 1 8 100 100 100 100 100 185 260 130 125 200 Per s h a r e . 200 P er sh a re. 125 Per sh a re. V I R G I N I A — N a t i o n a l b a n k s D e c . 3 1 ; S ta te in s t i t u t i o n s D e c . 3 1 . V lrv in i* N a t B a n k P o rts m o u th — A m er N a t B an k — 1 ,0 0 0 ,0 0 0 1 .0 0 0 .0 0 0 5 0 0 ,0 0 0 2 0 0 ,0 0 0 3 0 0 .0 0 0 1 ,0 0 0 ,0 0 0 1 ,2 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 1 .0 0 0 ,0 0 0 8 0 0 ,0 0 0 5 0 0 .0 0 0 6 ,2 4 9 ,1 8 5 4 ,0 5 8 .0 1 2 3 ,4 9 3 ,7 7 0 6 0 5 ,8 5 9 2 ,3 9 4 ,4 5 2 100 10( 100 100 100 7 6 3 ,8 4 1 5 ,5 2 7 ,1 3 7 1 ,4 9 3 .1 7 1 1 6 ,3 0 8 ,4 8 4 1 ,0 1 1 ,6 8 6 6 ,0 2 2 ,8 4 7 1 ,3 1 8 ,6 2 5 1 1 ,6 5 5 ,1 6 5 6 8 7 ,0 9 4 7 ,5 3 2 ,6 4 5 2 1 0 ,4 6 2 3 ,9 6 6 ,8 5 2 100 100 100 100 100 100 290 220 245 295 224 25 2 }* 136 300 P er 235 295 197 230 200 175 sh a re. 240 303 202 236 205 180 N a t B ank of W V a . N a t E xchange B ank C e n t U n io n A T rC o S o S id e B k A T r C o D o lla r S a v A T r C o S e c u r i ty T r u s t C o . W h e e lin g B a n k A T r u s t C o ________ S u r p lu s dk P r o f i t s . G ro se D e p o s its . % 9 $ 1 0 0 ,0 0 0 6 0 0 ,0 0 0 100 000 5 0 0 .0 0 0 5 0 0 .0 0 0 2 0 0 .0 0 0 1 0 0 .0 0 0 7 5 0 ,0 0 0 3 0 0 ,0 0 0 5 0 0 ,0 0 0 L a C ro sse— B a ta v ia n N a t B a n k E x ch an g e S ta te B k N a t B k of L a c ro s s e S e c u r i ty S a v s B a n k S t a t e B k o f L a C i ’se 1 7 0 ,9 0 6 1 8 6 .4 1 4 2 3 6 ,8 0 5 3 ,3 8 7 ,6 4 0 3 ,1 7 1 ,6 8 0 3 ,8 7 3 .6 5 6 100 100 10f- 100 115 125 130 5 0 0 ,0 0 0 2 5 0 ,0 0 0 2 5 0 ,0 0 0 3 0 0 .0 0 0 5 0 0 ,0 0 0 1 1 6 ,4 5 2 1 1 8 ,8 9 7 4 0 ,2 1 2 2 4 4 ,3 9 4 2 1 5 ,6 0 0 3 ,1 3 7 ,8 6 4 1 ,0 6 0 ,1 9 5 4 7 3 ,1 3 9 2 ,9 3 3 ,5 7 8 3 ,2 1 1 ,5 1 3 100 120 1 .0 0 0 ,0 0 0 5 0 0 .0 0 0 3 0 0 ,0 0 0 3 0 0 .0 0 0 1 ,0 0 0 .0 0 0 2 .0 0 0 .0 0 0 2 0 0 .0 0 0 1 ,0 0 0 .0 0 0 9 4 7 ,4 3 9 1 5 ,9 2 0 .1 9 5 6 ) 5 ,3 7 0 4 ,2 2 5 ,6 6 6 5 3 2 ,4 3 7 5 ,1 5 9 ,7 8 1 9 0 ,0 0 0 1 ,8 5 3 ,0 5 9 7 3 9 ,3 7 2 7 ,5 9 3 ,0 2 2 2 ,5 8 1 ,2 8 5 2 5 ,9 8 3 ,7 8 3 1 5 1 ,0 6 8 1 ,6 9 5 ,7 0 9 1 ,4 2 5 ,6 1 8 1 8 ,3 0 9 ,7 5 7 100 100 25 100 100 100 100 100 255 210 80 128 227 282 185 280 M ilw a u k e e — B ad g e r S ta te B a n k . B a y V iew C o m A S B C it y B a n k _________ Wl8or>n<Hn >7 A G r a n d & 6 th N a t B k A uiex N a t I b a n k . . M a r in e N a t B a n k . . M a r s h a ll A Ils le y B k M eT A F a r m S t a t e . M er A M a n u fa e B k M ilw C o m m 'l B a n k N a t B k o f C o m m 'c e N a t E x ch an g e B ank S e c o n d W a rd S a v B W e s t S id e B a n k ___ N o r th A v e S t a t e ___ F i r s t W is e T r u s t C o 2 ,0 5 1 ,7 9 0 100 225 3 5 0 ,0 0 0 5 ,8 9 5 .0 1 2 e2 4 9 ,6 5 3 2 ,5 9 8 ,2 7 5 5 1 9 ,0 6 0 4 ,7 6 8 ,4 2 3 5 8 5 ,5 8 0 5 .1 3 3 ,4 3 5 d l 1 9 .0 0 0 1 ,4 6 6 .0 0 0 1 8 4 .7 6 4 1 ,7 0 2 ,5 9 3 1 ,9 3 2 ,2 3 9 1 4 ,8 1 3 .1 4 0 d 3 1 5 ,0 8 9 3 ,4 2 6 ,0 7 1 100 100 100 100 100 100 100 100 145 245 165 2 15 135 225 325 210 7 ,6 1 9 ,9 4 4 100 240 d 1 0 8 ,5 5 6 6 1 4 ,1 5 7 ill. th a n 140 I 4 5 6 ,2 9 0 2 5 .5 2 5 ' 4 6 9 ,4 9 0 27.1471 1 0 4 ,6 5 2 P er 215 150 225 150 210 P er *225 0 8 1 5 ,6 8 8 ,1 9 7 100 150 4 2 601 2 ,2 6 5 ,6 8 0 100 176 65 ,719 2 ,4 5 8 ,6 5 4 ] 100 109 3 0 0 .0 0 0 6 ,o o o rum 6 ,2 4 5 ,601 91 ,8 1 9 .2 8 2 100 2 0 8 3 5 4 ,0 0 0 50 ,000! 200.000 2 8 8 ,124 11 .2 1 5 .7 3 4 l o u ~ T18 l.OUO.UUO 5 0 0 .0 0 0 1,000 ,000 10 .4 3 0 ,0 2 0 100 2 6 8 1,000.000 2 ,8 3 9 ,107 22 5 3 3 .1 3 2 100 217 130 .7541 2 ,7 2 3 .8 5 9 100 112 200.000 2 4 2 ,064 2 .6 0 6 .0 4 1 100 141 4 0 0 .0 0 0 e48 ,2 2 3 1 ,7 0 6 ,0 2 1 100 1 0 0 .0 0 0 4 0 0 .000 10 .5 8 6 ,7 3 0 100 141 1,000.000 841 .239, 8 .8 4 1 .6 1 7 100 210 5 0 0 .0 0 0 1,000.000 * 2 ,5 1 3 .774 35 .3 2 9 ,5 7 5 100 e521 .8531 3 ,4 9 9 ,1 3 2 100 ‘ 1 7 5 ” 4 0 0 .0 0 0 125 ,2 2 4 2 ,9 8 1 ,1 8 6 100 170 200.000 8 0 0 ,0 0 0 e l , 105 ,0 4 1 2 ,9 7 6 ,3 8 8 100 200.000 100.000 •Aar* . . . — t h a t* _ 180 W Y O M IN G — N a tio n a l b a n k s D e e . 3 1 . C heyenne— A m e r ic a n N a t B a n k C h ey e n n e S ta te B k C itiz e n s N a t B a n k . F ir s t N a ti o n a l B a n k S to c k G r o w e r s N B Per 2 5 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 2 0 0 ,0 0 0 3 0 0 .0 0 0 1 5 2 ,9 6 4 2 3 ,9 7 5 1 6 8 ,9 3 7 2 1 1 ,6 2 1 1 0 3 ,4 0 8 2 ,4 9 9 .3 9 7 8 7 5 ,1 1 9 1 ,7 7 6 ,1 1 8 5 ,7 6 8 ,4 8 9 4 ,2 0 8 ,2 1 7 sh ort 100 I J u l y 9 1 9 2 4 100 260 230 83 131 240 290 1 .2 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 2 0 0 .0 0 0 5 0 0 ,0 0 0 1 0 0 ,0 0 0 4 0 0 ,0 0 0 1 .0 0 0 .0 0 0 1 .0 0 0 .0 0 0 1 ,4 9 2 ,8 7 1 1 5 ,9 4 9 ,2 0 7 2 ,0 0 2 ,2 0 7 1 5 ,7 3 2 ,6 7 7 4 2 9 ,5 9 2 2 ,0 1 9 ,1 9 4 9 6 6 ,9 2 1 2 ,3 1 5 ,0 1 7 1 6 4 ,4 4 5 1 ,4 8 6 ,7 7 0 1 9 0 ,0 0 0 1 ,2 0 0 ,0 0 0 2 5 3 ,2 6 0 3 ,1 7 0 ,0 1 2 1 ,2 8 6 ,2 3 2 4 ,7 9 7 ,6 7 9 25 100 25 50 25 10 100 100 60 62 370 125 CANADA. R e tu r n s a re a ll o f d a te J a n . 31 1 9 2 5 . N O V A S C O T IA . C a p ita l Pei sh a re. 105 R e se rv e Fund. P a id in . P r ic e s a r e $ p e r c e n t. 170 80 85 14}* 15 99 101 425 1 7 8 ,1 4 5 2 7 8 ,„00 1 ,8 4 0 ,8 0 2 3 ,2 0 2 ,8 6 5 100 100 170 180 180 2 0 0 ,0 0 0 4 0 0 ,0 0 0 5 0 0 ,0 0 0 7 6 0 ,0 0 0 3 1 ,6 5 4 9 6 4 ,2 9 5 7 4 0 ,4 2 5 6 ,7 9 1 ,9 5 5 6 8 4 ,0 9 5 1 1 ,4 3 4 ,7 3 9 1 6 5 ,0 1 3 1 ,2 4 8 ,1 5 0 100 100 10Q 20 90 380 400 21 110 400 P er 200.000 2,20 0 ,0 0 0 5 0 0 .0 0 0 3 0 0 .0 0 0 3 0 0 .0 0 0 H a lifa x — B a n k o f N o v a S c o tia 1 0 ,0 0 0 ,0 0 0 1 9 ,5 0 0 ,0 0 0 1 7 6 7 2 3 1 2 6 1,000.000 5 0 0 .0 0 0 100.000 1,000,000 6 0 0 ,0 0 0 200,000 6 1 ,6 0 0 1 ,9 0 7 ,6 8 8 5 3 ,0 5 3 1 ,7 7 2 ,6 1 2 2 6 4 ,2 2 6 9 ,5 4 8 ,0 2 1 1 2 5 ,5 1 9 4 ,5 8 7 ,7 3 9 3 4 4 ,3 6 8 2 2 ,6 5 7 ,1 5 1 4 5 2 ,2 9 8 1 0 ,1 3 2 ,1 8 1 1 1 2 ,4 7 9 1 ,6 1 6 ,4 1 8 100 100 100 100 100 100 100 165 175 125 97 175 110 150 127 100 190 112 155 4 6 5 ,8 6 5 1 8 ,0 5 1 ,1 6 8 4 1 ,2 3 0 3 ,7 1 6 ,2 1 9 100 100 135 100 198 235 330 140 310 322 165 5 0 0 .0 0 0 1,200,000 1.000,000 200.000 3 0 0 .0 0 0 P er 100 A sk. ««nl. 263 O N T A R IO . T o ro n to — B a n k o f T o r o n t o __ o 5 .0 0 0 .0 0 0 6 ,0 0 0 .0 0 0 C a n B a n k o f C o m m 2 0 ,0 0 0 ,0 0 0 2 0 ,0 0 0 ,0 0 0 D o m in io n B a n k ___ 6 .0 0 0 .0 0 0 7 ,0 0 0 ,0 0 0 I m p e r i a l B k . o f C a n o 7 .0 0 0 .0 0 0 7 ,5 0 0 .0 0 0 S t a n d a r d B a n k ____ 4 .0 0 0 ,0 0 0 2 ,7 5 0 ,0 0 0 Per 7 7 ,0 5 6 ,0 2 1 359266751 8 3 ,4 1 5 ,0 0 5 8 5 ,1 9 0 ,0 9 5 6 2 ,6 9 3 ,4 7 8 100 100 100 100 50 198 199 194 186 172}* 586292490 9 2 .3 0 7 ,9 4 0 3 0 .8 8 1 ,1 5 5 455695461 100 100 100 100 244 150 1 .7 5 0 ,0 0 0 8 3 ,5 2 4 ,0 6 8 100 111 *««1. 199 200 195 188}* QUEBEC. M o n tre a l— B a n k o f M o n t r e a l __ 2 7 .2 5 0 .0 0 0 2 7 .2 5 0 ,0 0 0 B a n q u e C a n a d le n n e 5 .5 0 0 .0 0 0 5 ,5 0 0 ,0 0 0 P r o v in c ’l B k o f C a n 3 ,0 0 0 ,0 0 0 1 ,5 0 0 .0 0 0 R o y a l B k o f C a n a d a 2 0 .4 0 0 .0 0 0 2 0 .4 0 0 .0 0 0 U n io n B a n k o f C a n 08 . 000.000 P er c e n t. 235 50 P er 1,000,000 200 237 335 142 315 325 170 285 P er 100,000 200,000 1,000,000 B id . sh are. 100 100 100 100 100 100 100 100 100 100 100 1 ,4 2 6 , 751 706, 808 115, 132 330 434 1,031, 937 289, 655 100 352 1 ,1 1 6 392 76 461 55, 943 P ar. 24 9 6 3 ,8 3 7 9 7 5 ,6 9 9 2 2 0 ,6 2 2 4 1 1 ,2 1 6 ,0 1 2 ,0 3 1 ,9 4 9 ,3 3 1 7 7 9 ,2 6 4 ,5 6 6 ,5 6 2 ,8 2 1 ,4 8 1 ,2 9 8 ,2 3 3 ,2 2 8 ,3 3 3 ,4 0 2 ,4 6 3 4 3 ,5 3 3 D e p o s its . n o t p e r eh a r e . 9 305 3 0 0 ,0 0 0 6 0 0 ,0 0 0 4 0 0 .0 0 0 a June 30. 1924 . 1Includes one-third o f B id . Per 4 ,1 6 3 .2 8 3 100 7 8 1 ,3 9 5 100 5 .3 3 9 .2 8 5 100 1 ,0 1 1 ,5 2 7 100 2 ,1 1 5 ,7 3 8 100 100.000 S ta te I n s t i t u t i o n s , A u g u s t 24 19 24 4 0 0 .0 0 0 6 0 .0 0 0 6 0 0 .0 0 0 6 0 .0 0 0 W A S H I N G T O N — N a t i o n a b a n k s D e c . 31; S ta te in s t i t u t i o n s D e c . 3 1 . S e a ttle — B a n k fo r S a y in g s .. C a n a d ’n B k o f C o m D e x te r - H o r to n N B F ir s t N a tio n a l B an k M a r in e N a t B a n k . . M e t r o p o l l t ’n N a t B k N a t B k o f C o m m ’ce N a t C y B k of S e a tt P e o p le s S a v B a n k . S e a ttle N a t B a n k .. A m Say B k A T r Co U n iv e r s it y N a t B k . S pokane— A m e ric a n B a n k -----B r o th e r h o o d N a t B k E xchange N a t B k . F id e l i t y N a t B a n k . O ld N a t i o n a l B a n k . Spok & E a st T r C o . W a s h i n g to n T r C o . T acom a— N a t B k of T a co m a. Puget 8d N at B k . P ar. Per s h a r e . 1 .0 0 0 .0 0 0 6 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 C it iz e n s T r u s t C o . . R ic h m o n d — A m e r ic a n N a t B a n k B a n k of C o m A T r . B ro a d S tre e t B a n k . B ro a d w a y N a t B k . C e n tra l N a t B k . . . F irs t N a tio n a l B ank M ech A M erch B k M e rc h a n ts N a t B k. S ta te A C ity B ank A T r u s t C o _____ P la n te rs N a t B a n k S a y B a n k o f R lc h m U n io n B k o f R lc h m W est E n d B a n k — F ed eral T ru s t C o .. R ic h m o n d T r u s t C o V irg in ia T r u s t C o . . R oanoke— A m e r ic a n N a t B a n k C o lo n ia l N a t B a n k . D a y A N ig h t B a n k o f R o a n o k e ____ F irs t N a t B a n k .. . N a t Exchange B ank M o u n ta in T r u s t B k 1 ,2 3 3 ,9 9 4 8 9 7 ,5 6 7 6 3 3 ,1 7 8 8 4 ,2 2 6 3 7 7 ,4 5 3 W h e e lin g — C e n t r e W h e e l’g S a v C i t i z e n s ’- M u t u a l . T r u s t C o ________ C a p ita l. W I S C O N S I N — N a t i o n a l b a n k s D e e . 3 1 ; S ta te i n s t i t u t i o n s D e e . 3 1 . P er sh a re. B erre— G ra n ite 8 B & T rC o P e o p le ’s N a t B a n k . Q u arry 8 B k A T C o . L y n c h b u rg — F i r s t N a ti o n a l B a n k L y n c h b u rg N a t Bk P e o p le ’s N a t B a n k M u tu a l 8 B k A T r . L y n c h b u rg T r A SB N o rfo lk — C it iz e n s B a n k _____ N a t B k o f C o m m ’c t T r u s t C o o f N o rfo lk N o rfo lk N a t B a n k S e a b o a rd N a t B a n k V irg in ia N a t B a n k P e te rs b u rg — P e te r s b u r g S a v A T i [Voi». 120, T R U S T C O M P A N IE S sh are. sh a re. SASK ATCHEW A N. W e y b u rn — W e y b u m Secur B k . 5 2 4 .5 6 0 2 2 5 .0 0 0 3 ,1 8 7 .5 3 9 100 150 125 % E x - d l v id e n d . e D e c . 31 1 9 2 4 . * S a le p r ic e . L a s t s a le . g T h i s is c a p ita l p a i d In ; a u t h o r iz e d a m o u n t Is la r g e r . c O c t. 10 1924 a s h a r e In D e x te r - H o r to n T r u s t & S a v in g s B a n k s t o c k , d M a r c h 31 1 9 2 4 . h N e w s t o c k .