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Bank and Q uotation SECTION OF THE r OMMERCIAL & j ? INANCIAL ^ HRONICLE. Copyrighted in 1925, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. 0. VOL. 121. NEW YORK DECEMBER 5 1925. NO. 3154. bonds previously acquired for the sinking fund, are to be applied on the succeeding Dec. 1 to the redemption at 100% The Bank and Q u otation Section, Issued monthly, is furnished without of bonds drawn by lot. Except for the sinking fund, the extra charge to every annual subscriber o f the C hronicle. bonds are not subject to redemption until June 1 1941, on The Railw ay Earnings Section, issued monthly, containing the sworn returns o f earnings and expenses filed each month with the Inter-State and after which date they may be redeemed at the option of Commerce Commission, is likewise furnished without extra charge to every the Italian Government on any interest date, as a whole, annual C h ron icle subscriber. The Bankers C onven tion Section, issued yearly, giving the detailed but not in part, at 100%. There were two distinctive features about this Italian proceedings o f the annual convention o f the American Bankers Association, Is also furnished without extra charge to C hronicle subscribers. war debt settlement with the United States. The first was The P u blic U tility Com pendium , issued twice a year, in April and October, is also furnished without extra charge to every annual subscriber the speed with which, as already stated, it was carried to the C h ron icle. through, and the second, even more striking, was the ex The Railw ay and Industrial Com pendium , Issued twice a year on tremely lenient terms granted to Italy by the United States. the last Saturday in M ay and November, is also furnished without extra Not even in a flight of fancy would the ordinary man have charge to every annual C hronicle subscriber. The S tate and M unicipal Com pendium , Issued semi-annually on the supposed it possible that Italy was to get off so easily and last Saturday o f June and December, is likewise furnished without extra charge to every annual subscriber to the Commercial & Financial the American W ar Debt Commission was wholly without authority to enter into any such arrangements, for which C h ron icle. Terms for the C hronicle, including the six supplements above named, reason the agreement has been expressly made subject to are $10 per annum within Continental United States, except Alaska, $11.50 In Canada and $13.50 in other foreign countries and United States Pos- the approval of Congress. Doubtless, however, Italy could aesslons and Territories. not at this time undertake to make larger payments and the File covers for the C hronicle are sold at $1.00 each (postage 15 cents action of the Debt Commission in taking so fully under con additional). File covers for Supplements can be had at same price. sideration Italian capacity to pay has met with universal CHICAGO OFFICE.— 208 South La Salle Street. LONDON OFFICE.— Edwards & Smith, 1 Drapers’ Gardens, E. C. expressions of approval in financial circles. The principal amount of the Italian indebtedness to the United States as WILLIAM B. DANA COMPANY, Publishers, of June 15 1925 was $1,647,869,197 96. Accrued and unpaid Front, Pine and Depeyster Streets, New York. interest at 4% % per annum to Dec. 15 1922 and at 3% per annum from Dec. 15 1922 to June 15 1925, increased the REVIEW OF NOVEMBER— COMMERCIAL AND total of the indebtedness to be funded to $2,042,000,000 FINANCIAL EVENTS. (after the payment of $199,466 34 upon execution of the In November foreign events were again of great impor agreement). In liquidation of this indebtedness Italy is tance and overshadowed domestic happenings except those asked to pay only $5,000,000 a year for the first five years o f a purely routine character. As a matter of fact, however, and slowly increasing amounts per annum, with the result some of the foreign developments to which we allude had a that even in 1959 the payment will be only $30,500,000, ris domestic bearing, which made them of no little consequence ing thereafter until the final payment in 1987, which is to even in the United States. This is particularly true of the be $79,400,000. Payment is to be in bonds for the respec Italian debt settlement, which was unquestionably the fore tive annual payments, to be issued in 62 pieces and to bear most development in the foreign field during the month, by “ no interest until June 15 1930, and thereafter shall bear reason not only of its beneficial influence abroad, but also interest at the rate of % of 1% per annum from June 15 because of the reassuring aspect which the removal of such 1930 to June 15 1940; at the rate of % of 1% per annum a large proposition from the stage of controversy between from June 15 1940 to June 15 1950; at the rate of % of 1% the two countries had here in the United States. The nego per annum from June 15 1950 to June 15 1960; at the rate tiations between the two countries proceeded to a satisfac of % of 1% per annum from June 15 1960 to June 15 1970; tory conclusion, with a celerity which proved a surprise to at the rate of 1% per annum from June 15 1970 to June 15 everyone and the settlement wras immediately followed by 1980, and at the rate of 2% per annum after June 15 1980, the negotiation in this country o f a $100,000,000 Kingdom of all payable semi-annually on June 15 and Dec. 15 of each Italy loan represented by external sinking fund 7% gold year.” It is computed that the average rate of interest to be bonds dated Dec. 1 1925 and maturing Dec. 1 1951. The paid by the Italian Government over a period of 57 years bonds were offered by a large syndicate headed by J. P. will be less than nine-tenths of 1% per annum. Morgan & Co., the First National Bank of New York, the Another important foreign event, which, however, at National City Co., the Guaranty Co., the Bankers’ Trust Co. tracted little more than casual notice, was the action of the and a host of other influential banking houses. Subscrip British Government in removing the embargo on the placing tion books were opened on Friday, Nov. 20, and were closed of foreign loans in Great Britain. This embargo had been at noon, the syndicate announcing that the entire issue had in force since the outbreak of the World War in 1914. An been disposed of, though it is understood the secondary dis nouncement that the British Government had decided to lift tribution by the original subscribers was interfered with the embargo on the issue of Dominion, colonial and foreign somewhat by the unfortunate political developments which loans in London was made at Sheffield, England, on Nov. 3 occurred in France the following week and which led to a by Winston Churchill, Chancellor of the Exchequer. The decline on the Stock Exchange in French Government securi Associated Press cablegrams reported him as saying: ties and affected unfavorably other foreign Government The old full freedom of the money market will be restored, and the City issues. The bonds were offered at 94% and accrued inter of London must be responsible for using it wisely and soberly. Overlending, est, to yield over 7.48% to maturity and over 7.56% to the such as lending beyond our strength, straining at future credit, lending average maturity date. Italy has agreed to create a cumu beyond our savings, will bring its own correctives. I trust with confidence to the corporate good sense of the City to manage lative sinking fund which it is calculated will redeem the its affairs with discretion, to pay regard not only to the capacities of the issue by maturity, annual payments of $1,500,000 on Sept. 15 market, but to the position toward this country of would-be borrowers, and I hope, so far as freedom of the of each year beginning Sept. 15 1926 being provided for this preference will be possible without impairing thehigh proportion ofmarket, given those issues bringing a orders purpose. Such payments, together with interest on all for goods to British trade. B ank and Q uotation S ection 6 MONTHLY KEVIEW As far as the domestic situation is concerned, widening activity was reported in nearly all of the country’s leading industries. Particularly is this true in the case of the iron and steel trades. The “ Iron Age” at the beginning of the month reported that November had opened with leading steel companies having more satisfactory order books than at any time for six months past. Buying for stock was of larger volume and in several lines the October shipments were found to have exceeded those of January, which had been the high month of the year in that respect. According to the monthly statement of the American Iron & Steel In stitute, released Saturday, Nov. 7, steel ingot production in the United States in October was the largest of any month since the previous March, the calculated output for October being 3,892,946 tons, against 3,492,904 tons in September, 3,424,034 tons in August and only 3,087,590 tons in July, but comparing with 4,198,520 tons in March. The monthly state ment of the United States Steel Corporation issued Tuesday, Nov. 10, reported unfilled orders on the books of the sub sidiary corporations as of Oct. 31 at 4,109,183 tons, as against 3, 717,297 tons on Sept. 30 and 3,512,803 tons on Aug. 31, but comparing with 5,284,771 tons at the end of February. In its issue of Nov. 26 the “ Iron Age” reported that leading steel companies continued to put new business on their books in excess of current shipments. In the case of the United States Steel Corporation orders had averaged for some time 10,000 tons a day more than the production of finishing mills and taking the industry as a whole November would show a substantial gain in unfilled orders. The out look for December was that steel works operations would be at substantially the prevalent rate, which was 83% of ca pacity for the Steel Corporation and 80% for the Bethlehem Steel Co., with other leading independent companies on about that basis. Dispatches from Pittsburgh, Nov. 27, went further than this and stated that the independent con cerns in that district, such as the Jones & Laughlin Steel Corporation, the Pittsburgh Steel Co., the Youngstown Sheet & Tube, the Republic Iron & Steel and others, were operat ing at a rate somewhat higher than some of the Steel Cor poration’s mills. For the ensuing week (the first week of December) these advices stated the indications were that the rate of production for the district would be about 90% on an average, while some o f the independent mills would run nearer 95%, and some of the units of the United States Steel Corporation would actually produce at 100% of ca pacity. Steel prices at the same time stiffened, and the “ Iron Age’s” composite price of finished steel on Nov. 24 stood at 2.439c. per pound, as against 2.403c. a month before. The composite price of pig iron per ton was $2129, against $20 38 a month before. Coke prices which had made a sharp advance after the beginning o f the anthracite coal miners’ strike dropped back and furnace coke for spot shipment at the end of the month was quoted at a range of only $4@ $4 50, as against $8 50@$9 00 at the end of October. Prices of the non-ferrous metals also moved lower again, after a further rise at the beginning o f the month. Lake copper at New York touched 14%c. Nov. 4, but was down to 14y2c. Nov. 23 and quoted at 14%c. Nov. 30. Electrolytic copper at New York declined from 14%c. Nov. 4 to 14c. Nov. 25, which was also the price Nov. 30. Tin at New York was more or less irregular, being 63%c. Nov. 2, 62%c. Nov. 9, 64%c. Nov. 12, 62.55c. Nov. 24 and 64c. Nov. 30. Lead at New York, after being quoted at 9.90c. Nov. 5 later declined, and was only 9.50c. Nov. 30. Prices in the petroleum mar ket advanced to higher figures as well for crude oil as for its various products, particularly gasoline. In the textile trades there continued to be a fair degree of activity, though the cotton goods division was again dis turbed by the sharp fluctuations in the raw material cotton. These fluctuations were occasioned, as in previous months, by the semi-monthly reports of the Department of Agricul ture on the size of the growing crop. The first of these reports appeared Nov. 9 and related to the probabilities as of Nov. 1. A production of 15,386,000 bales was then fore shadowed, or 160,000 bales more than the estimate of Oct. 26 based on the situation as of Oct. 18, when the probabilities then were reported as pointing to a production of 15,226,000 bales. This increase led to selling of cotton on a large scale and caused a decline in the future market running from 105 to 128 points. On Saturday, Nov. 21, came the second Government report based on the outlook on Nov. 14. The estimate now was of a product of 15,298,000 bales, or 88,000 bales less than the estimate two weeks before. The result in the future market was now an advance of 70 to 80 points, part of which improvement was subsequently lost. The weather the latter part of the month was favorable for the maturing of such of the cotton as still remained in the field in certain sections of the South, but on the other hand, consumption in the United States was proving larger than expected, notwithstanding buying of cotton goods was marked by more or less hesitancy (owing to the fear that the price of the raw material might tend still lower because of the size of the crops) while the export movement of the staple was also liberal. Rains relieved drought conditions in the South and Charlotte, N. C., wired the latter part of the month that the curtailment program of the Southern Power Co. had been further reduced by half a day a week and all mills would hereafter be able to run within one day of full time, the new schedule becoming effective Nov. 30. The [V ol. 121. price of middling upland spot cotton in New York, after mov ing up from 19.40 Oct. 31 to 21.00c. Nov. 5 on unfavorable weather reports, fell back to 19.95c. Nov. 9, after the appear ance of the first report of the Agricultural Bureau with its increase in the size of the crop. The quotation quickly re covered, however, and two days afterwards, on Nov. 11, was 21.10c. The price hovered around this figure for nearly 10 days, going sometimes slightly above that point and at other times somewhat below it, and Nov. 20 was quoted at 20.80c. The reduced estimate o f the size of the crop made by the Agricultural Department on Nov. 21 brought a rise in the price on this last mentioned day to 21.65c., after which the tendency, however, was again downward, with the price Nov. 30 20.65c. Print cloths at Fall River on Nov. 7 were marked up from 6%c. to 7c. per yard for 28-inch, 64 x 64, but Nov. 10 were marked down again to 6%c., with a further reduction on Nov. 21 to 6%c. Prices of raw wool further improved during the month, but the woolen goods market remained dull, nevertheless. Considerable interest was displayed in the opening of the London Colonial wool auctions at London, the sixth series of which began on Nov. 24. The sales opened with prices averaging about 5% higher than at the close of the last previous sale. Particular attention was given to crossbreds, and the fine grades were decidedly firm, with 50s and below from 5 to 7% higher. Here wool prices appeared to show a slight weakening at the very close of the month. This led manufacturers to hesitate somewhat about buying. The American Woolen Co. 'on Nov. 25 announced the prices for its 1926 new blanket lines and, as expected, these were some what lower than those of 12 months before. The silk goods market continued strong as before and the same is true regarding rayon and rayon mixtures, demand exceeding supplies. As to raw silk prices, Kansai double extra cracks were quoted Nov. 30 at $6 87%@$6 92%, against $7 00 Oct. 31, $7 00@$7 05 Sept. 30 and $6 80@$6 85 on Aug. 31. Crude rubber further sharply advanced, notwithstanding the ex port allowance was increased 10% on Nov. 1 by the Steven son Committee as regards Ceylon, the Straits Settlements and the Malay States, bringing it up to 85% of the standard output. On Nov. 30 first latex crepe for spot delivery was quoted here at $1 09@ $110, against $1 02@$1 03% Oct. 31, 93@94c. Sept. 30 and 90@92c. Aug. 31. Ribbed smoked sheets for spot delivery Nov. 30 were $108@$1 09, against $100@$101 Oct. 31, 91% @92% c. Sept. 30 and 90@91c. Aug. 31. It was noticed that future options no longer ruled at such heavy discounts below spot prices as previously, first latex crepe for April-June delivery being quoted Nov. 30 at $1 03@$1 04 and ribbed smoked sheets for this delivery at the same figure. As regards food prices, wheat made a further spectacular rise. The recovery which occurred in October was not only maintained, but prices in all the leading world markets ac tually soared, marking a great transformation from the state of things existing a few months back. Accounts from the Dominion of Canada the latter part of October had been rather unfavorable for the harvesting of the bounteous crop raised in that country, but now were much better, but on the other hand the outlook for the wheat crop in the South ern hemisphere changed very strikingly for the worse, the Argentine crop in particular having suffered damage. Rains, hot winds and black rust were reported from Argen tina and the accounts said serious damage was spreading in northern Argentina. The effect altogether was electrical and it was noted in advices from Chicago on Nov. 29 that as the result of the change in the world wheat situation prices in Buenos Aires had advanced 38c. from the low level of Nov. 9, Liverpool quotations were up 25c., and Winnipeg 23%c. The December option for wheat at Chicago, after touching $1 52% Nov. 4, reacted to $1 47% Nov. 7, but there after sped rapidly upward and reached $1 66% Nov. 27 and again Nov. 28 and closed Nov. 30 at $1 66%. The May op tion for wheat at Chicago, after advancing from $143 Nov. 1 to $1 47% Now 6 and declining to $1 43% Nov. 10, shot up to $1 64 Nov. 27, with the close Nov. 30 $1 62. Corn prices, on the other hand, continued depressed and descended to still lower levels, with the result that Western farmers again became greatly disturbed over the agricultural situation. The main depressing influence seemed to be the large corn crop raised in the United States. The early part of the month the course of corn prices was upward and the De cember corn option at Chicago rose from 72%c. Monday, Nov. 2, to 77%c. Nov. 14, but thereafter declined with great rapidity again, touching Nov. 23, 72%c., with the close Nov. 30 at 73%c. The May corn option at Chicago, as against 77%c. Nov. 2 was up to 81%c. Nov. 14, but by Nov. 23 was down again to 77%c., with the close Nov. 30 at 79%c. Oats prices fluctuated within narrow limits and the December option closed Nov. 30 at 38c., against 38%c., the opening price Nov. 2, and the May option at Chicago closed Nov. 30 at 42%c., against an opening price of 42%c. on Nov. 2. Coffee prices tended strongly downward, partly because it appeared that Brazil could not get a loan either at home or abroad for so-called coffee valorization. No. 7 Rio Nov. 30 was quoted here at 17c., against 19%@19%c. Oct. 31, 20@ 20%c. Sept. 30 and 21 %c. Aug. 31. On the other hand, sugar prices, after a long period of depression, showed recovery. To the initiated it had become evident the previous month when Cuban raw sugar dropped below 2c. a pound that that D ec., 1925.] MONTHLY REVIEW was a situation that could not long continue, and during November the price gradually but steadily advanced to 2y2c., with the quotation Nov. 30 2% @ 2 7-16c. The wholesale price of refined sugar naturally responded and the range of quotations at the leading refineries in this city at the close of the month was 5.20@5.40c., with the Federal Sugar Re finery quoting 5c., against a range of 5.00@5.10c. Oct. 31. Two announcements from the United States Treasury excited considerable interest during the month. On Nov. 24 the Federal Reserve Bank of New York issued a circu lar to banks and financial institutions saying that from advices received from the Treasury Department it was en abled to state that a new Treasury issue might be expected shortly, and giving particulars regarding the methods of filing subscriptions. Nothing further was disclosed regard ing the nature of the issue or the rate of interest it was to bear or the terms at which it would be offered. The second announcement came Nov. 26 and gave notice of a new policy under which holders of Third Liberty Loan bonds would have opportunity to sell them direct to the Treasury, thereby saving commission charges to both sellers and the Treasury. In making his announcement Secretary Mellon stated that it was planned to purchase $50,000,000, or thereabouts, of Third Liberty Loan bonds for account of the cumulative sinking fund at the lowest prices offered if, at or below the price of 101% and accrued interest. Proposals would have to be presented to the Federal Reserve banks by Dec. 10 1925 and payment made on Dec. 29. During November, as in previous months, foreign offerings of loans were numerous. The majority of these were small German corporate and municipal issues. The most con spicuous among the foreign offerings was the $100,000,000 Kingdom of Italy 7% external loan, sinking fund bonds, sold by a syndicate composed of many well-known banking firms headed by J. P. Morgan & Co., at 94y2 and accrued interest, yielding over 7.48% to maturity and over 7.56% to the average maturity date. Other issues worth mentioning w ere: The National City Co., at 94 and accrued int., dis posed of $10,000,000 Rhine-Westphalia Electric Power Corp. (Rhenisch-Westfaelisches Elektrizitaelswerk Aktien-Gesellschaft) 7% direct mtge. bonds, series due 1950, to yield over 7.53%. Speyer & Co. and Blyth, Witter & Co. disposed of $5,000,000 City of Dresden (Germany) 20-year 7% sink, fund gold bonds, external loan of 1925, at 94% and accrued int., to yield about 7.60%. Speyer & Co. and Blyth, Witter & Co. brought out $4,000,000 City of Frankfort-on-Main (Germany) 7% serial gold bonds at prices ranging from 94 to 100%, and to yield between 6.50% and 7.66%. Speyer & Co. and Harris, Forbes & Co. placed $7,500,000 Westphalia United Electric Power Corp. (Vereinigte Elektrizitatswerk Westfalen G. m. b. H. )ls t mtge. bonds, 6% % series, due 1950, at 87% and int., to yield 7.62%. $7,500,000 “ Good Hope Steel & Iron Works” (Gutehoffnungshutte, Aktienverein fur Bergbau und Huttenbetrieb, Nurnberg, and Gute hoffnungshutte Oberhausen Aktiengesellschaft) 20-year 7% sink, fund mtge. bonds were sold by Lee, Higginson & Co. and W. A. Harriman, Inc., at 91 & int., to yield over 7.90%. A syndicate headed by Blyth, Witter & Co. and White, Weld & Co. placed $7,500,000 Republic of Peru 15-year external fund secured 7% % bonds at 97% & accrued int., to yield over 7% % . Brown Bros. & Co. (N. Y.), the New York Trust Co. and Halsey, Stuart & Co. brought out $7,000,000 Danish Consolidated Municipal 30-year loan, 5% % external sink, fund bonds at 98% & int., to yield over 5.60%. $6,000,000 Northern Canada Power, Ltd., 1st mtge. 6% 20-year sink, fund bonds of series “A” were offered by Nesbitt, Thomson & Co., Ltd., and Dominion Securities Corp. at 100 & int., yielding 6%. Guaranty Co. of N. Y. and Dillon, Read & Co. sold $5,000,000 State of Bremen 10-year 7% external gold loan bonds at 95% & int., to yield 7%%. $4,000,000 Ham burg Electric Co. (Hamburgische Electricitats-Werke, Aktiengesellsehaft) 10-year sink, fund 7 %external gold debs., were placed by Marshall Field, Glore, Ward & Co. and Blyth, Witter & Co., at 95% & int., to yield over 7.65%. $3,600,000 Municipal Bank of the State of Hessen (Kommunal Landesbank) 7% ser. gold bds. were sold by Dillon, Read & Co. at prices ranging from 93% to 100, accrued int. to be added, and to yield between 7% and 7.65%. A syndicate headed by Blair & Co., Inc., disposed o f $3,600,000 Province of Bue nos Aires (Argentine Republic) 6 mos. 5% % Treasury notes at 100 & accrued int. $3,000,000 Free State of Oldenburg (Germany) 7% external serial bonds were sold by Ames, Emerich & Co., Federal Securities Corp. and Strupp & Co. at prices ranging from 93% to 100% and accrued int., to yield between 6.50% and 7.60%. Harris, Forbes & Co. offered $3,000,000 City of Duisburg (Germany) 7% serial gold bonds, external loan, at prices ranging from 93% to 100, accrued int. to be added and to yield from 7% to 7.65%. In addition to the above-mentioned foreign issues there was also a large number of domestic corporate offerings during November. The largest undertaking of the month was the flotation of $15,000,000 National Dairy Products Corp. 15-year 6% coll, trust notes by a syndicate headed by Goldman, Sachs & Co. and Lehman Bros, at 98% & accrued int., to yield about 6.15%. Bankers Timst Co., the Cleveland Trust Co. and Otis & Co. sold $13,000,000 the Trumbull Steel Co. 15-year 1st mtge. sink, fund 6% bonds at 96 & ac crued int., to yield over 6.40%. Union Trust Co. of Pitts burgh brought out $12,000,000 McClintic-Marshall Construc 7 tion Co. coll, trust 5% % serial bonds at 100 & int., to yield 5.50%. 500,000 shares Fox Theatres Corp., class “ A,” com. stock (no par) were disposed of by Eisele & King and Tay lor, Thorne & Co. at $25 per share. Bonbright & Co. offered at 92 & accrued int., to yield about 6.55%, $12,500,000 6% gold debs., series of 1925, of the United Light & Power Co. $10,000,000 Firestone Tire & Rubber Co. 7% cum. pref. stock (par value $100) was placed by the National City Co. and Otis & Co. at 99 & accrued div. Kuhn, Loeb & Co. offered $9,240,000 Illinois Central RR. 4% % equip, trust certifs., series “L,” at prices ranging from 97.90 to 100, and yielding between 4.50% and 4.70%. W. C. Langley & Co. and Bon bright & Co. brought out $8,000,000 American Water Works & Electric Co., Inc., 6% gold debs, o f series “A” at 94% & accrued int., to yield over 6.35%. $7,500,000 Cunard Steam ship Co., Ltd., 2-year 5% external gold notes were placed by Brown Bros. & Co., J. & W. Seligman & Co. and White, Weld & Co., at 100 & int. Dillon, Read & Co. sold $7,500,000 Com mercial Investment Trust Corp. 6% % 1st pref. stock at $99 per share & accrued div. $6,000,000 Penn-Ohio Edison Co. 6% gold deb. of series “ A” were offered by Bonbright & Co., Eastman, Dillon & Co. and Harper & Turner at 96% & accrued int., to yield over 6.25%. $5,500,000 Feather River Power Co. 1st mtge. 6% serial gold bonds were disposed of by First Securities Co. of Los Angeles, E. H. Rollins & Sons, Peirce, Fair & Co. and William R. Staats Co. at 100 & int., yielding 6%. A syndicate headed by Otis & Co. and Peoples Savings & Trust Co. of Pittsburgh sold $5,000,000 the Trum bull Steel Co. 7% 10-year gold debs, at 100 & int., yielding 7%. Stone & Webster, Inc., and Blair & Co., Inc., headed a syndicate which brought out $5,000,000 Virginia Electric & Power Co. 7% cum. pref. stock at $102 50 per share. Corporate dividend announcements during November were mostly of a favorable character, few unfavorable announce ments being reported. Particular mention may be made of the large number of extra dividends declared during Novem ber. Bingham Mines Co. declared a div. of $1, as against a div. of 50c. paid in previous quarters. Calumet & Arizona Mining Co. decl. a quar. div. of $1 50, as compared with $1 paid previously. Crane Co. of Chicago increased its quar. div. G%c., making a quar. div. of 37%c. Island Creek Coal Co. decl. a semi-an. div. of $5, against the previous div. of $4. Kennecott Copper Corp. increased its annual div. from $3 to $4. Nunnally Co. increased its semi-an. div. from 50c. to 75c. An increase in quar. div. from 35c. to 45c. was made by Paige-Detroit Motor Car Co. Phillips Petroleum Co. deck a quar. div. of 75c. on capital stock, as against 50c. paid previously. Studebaker Corp. increased its quar. div. on com. from $1 to $1 25. United States Realty Improvement Co. deck an annual div. of 10%, which compares with the previous annual div. of 8%. Extra divs. were declared by the following companies: American Rayon Products decl. an extra o f 12%% on capital stock in addition to the quar. div. of 50c. Bessemer Limestone & Cement Co. deck 4% extra on com. in addition to the quar. div. of 1% % . An extra div. of 25c. on com. in addition to the quar. div. of 50c. was deck by Borg & Beck Co. Bucyrus Co. deck 2% extra on com. in addition to the quar. div. of 1% % . An extra of 62%c. in addition to the quar. div. of 62%c. on com. was deck by Chesebroug hMfg. Co. Consolidated. Douglas-Pectin Corp. deck 25c. extra in addition to the quar. div. of 25c. 5% extra in addition to the quar. div. of 2% on com. was paid by (E. I.) du Pont de Nemours & Co.; 1% extra was paid the previous quar. Elgin National Watch Co. on Nov. 25 deck an extra cash div. of 25% on capital stock; on Nov. 12 a stock div. of 24% % was deck 2% extra in addition to the monthly div. of 1% was deck by Ewa Plantation Co. Gabriel Snubber Mfg. Co. deck 62%c. extra besides the quar. div. of 62%c. $5 on com. extra was declared by General Motors Corp. in addition to the quar. distribution of $1 50. General Railway Signal Co. deck 25c. extra in addition to the quar. div. of $1. Household Products, Inc., deck an ex tra div. of 50c. Kelvinator Corp. decl. an extra of 50c. La clede Gas Light Co. deck an extra of 2% on com. in addi tion to the quar. div. of 2%. 75c. extra was deck by Mag nolia Petroleum Co. in addition to the quar. div. of 1%. Nizer Corp. deck 1% % extra in stock and 25c. in cash in addition to the quar. div. of 25c. on class “ B” stock. Ohio Brass Co. deck $1 extra on com. 50c. extra in addition to the quar. div. of 50c. on capital stock was deck by Ohio Oil Co. Paraffine Companies, Inc., deck $1 extra and the reg. quar. div. of $1. 50c. extra on com. and a quar. div. of $1 was deck by Patchogue-Plymouth Mills Corp. Provincial Paper Mills Co., Ltd., deck 1% extra on com. in addition to the quar. div. of 1% % . $2 extra was deck by Standard National Corp. and a quar. div. of 1% % . Texas Gulf Sul phur Co. deck an extra div. of 75c. Underwood Typewriter Co. deck 4% extra in addition to the quar. div. of 3% on com. An extra (Christmas) div. of 2% on com. in addition to the anniversary div. of 2% w’as deck by Union Storage Co. The United States Gypsum Co. deck $2 extra, a stock div. of 15% and a quar. div. of 2%. $1 50 extra in addition to the quar. div. of 50c. was deck by Vacuum Oil Co. West ern Maryland Dairy, Inc., deck $1 extra on com. and a quar. div. of 75c. Yale & Towne deck special div. of $1 and reg. quar. div. of $1. A stock div. of 25% on com. and a quar. div. of 75c. was deck by American Laundry Machinery Co. Electric Investors, Inc., deck a stock div. of 10% on com. A 5% stock div. on com. and a quar. div. o f 50c. was deck by 8 MONTHLY KEVIEW [V ol. 121. New York Canners, Inc. Standard Oil Co. of Neb. decl. an sales reached the enormous total of 3,448,747 shares, estab extra div. of 10% on capital stock in addition to the semi-an. lishing the highest one-day sales record in the annals of the div. of 5%. A 3% stock div was deck by Sun Oil Co. Stock Exchange. The ostensible cause for the great slump on com. and a quar. div. of 25c. Union Tank Car Co. deck a on the day referred to (Nov. 10) was the announcement stock div. of 33 1-3% on com. A 100% stock div. on com. after the close of business the day before that the Federal was deck by Wiggin Terminals, Inc. An initial annual div. Reserve Bank in Boston had advanced its discount rate of $2 50 on com. was deck by Gotham Silk Hosiery Co., Inc. from 3 y2 to 4%, with the assumption, which was natural Libby, McNeill & Libby Co. deck an initial semi-an. div. of under the circumstances, but did not prove true, that this 3% % . Maytag Co. (Del.) deck an initial div. of 50c. on com. foreshadowed also an advance by the Federal Reserve Bank American Sugar Refining Co. deck a quar. div. of 1% % on of New York. The real reason was, as already stated, that com.; the last previous distribution was 1% % , made on in the long-continued rise of preceding months prices had July 1 1921. A div. of $10 a share on com. was resumed by been carried beyond legitimate bounds and that those en Hammond, Standish & Co. Isle Royal Copper Co. deck a gineering the rise, recognizing that fact, had already begun div. of $1 on capital stock; this is the first div. since Sept. to unload, and indeed it would seem had effected distribu 15 1923, when a distribution of 50c. was made. South Penn tion of the greater part of their load, though unquestionably Oil Co. deck $1 50 on capital stock; the first div. since Sep in some instances not the whole of it. Further declines oc tember 1922. Yulcan Detinning Co. deck 2% account of curred on succeeding days, though the railroad stocks and accumulation in addition to the quar. divs. of 1% % on pref. specialties of one kind or another were moved upward and pref “ A” stock. Welch Grape Juice Co. deck 25c. on against the general trend in efforts, apparently, to steady com., being the first div. since a distribution of 75c. on the market and prevent utter demoralization, and this had Feb. 28 1921. the effect o f bringing about sharp rallies even in the weak On the other hand, Heywood-Wakefield Co. (Mass.) re est lines of stocks. However, these rallies, while often very duced the annual div. from $7 on com. to $3. Northern pronounced, were hardly more than temporary. Many days of Texas Electric Co. deck 1% quar. on com., as against 2% weakness were experienced the rest of the month on which previously. York Mfg. Co. (Saco, Me.) deck 1 % % , which further severe breaks in prices occurred, though all the compares with a div. of 2%, the previous div. Manati Sugar time there w^ere stocks that moved counter to the current, not Co. omitted the quar. div. of $125 on com. The quar. div. of a few of these latter establishing new high records for the 2% on com. ordinarily due Nov. 15 was deferred by National year. Hence we have the anomaly of a month characterized Fabric & Finishing Co. New Niquero Sugar Co. omitted the by a general collapse in the price structure and yet a month quar. div. of 2% on com. distinguished at the same time for the numerous high rec The stock market got a thorough shaking down during ords for the year achieved throughout the whole Stock Ex November and the speculation for higher prices met with a change list. severe setback— at least in its most meretricious aspects. As already indicated, the motor stocks suffered most in The drop in prices reached huge proportions and liquida the great break in prices. General Motors dropped from tion of stock holdings took place on a tremendous scale. 149% Nov. 7 to 106 Nov. 24, this latter being ex the extra The ostensible cause for the break was the growing firmness dividend of $5 and the regular dividend of $1 50, which was of the money market with advances in rediscount rates by declared in the interval. E. I. DuPont de Nemours, which the different Federal Reserve banks outside o f New York. has a large interest in General Motors, fell from 271% The real reason was the fact that the market had become Nov. 12 to 200 Nov. 23. Chrysler slumped from 253 Nov. 2 to top-heavy because of the long continued boosting of values 167% Nov. 24. Chandler Motor dropped from 49% Nov. 4 by manipulative processes in which prices had been whirled to 39 Nov. 7; Dodge Bros. com. from 48% Nov. 4 to 38 Nov. upward in a most dazzling but perfectly reckless fashion. 10; Fisher Body from 125 Nov. 7 to 87% Nov. 24; Hudson It needed only some untoward development to show the un Motor from 139% Nov. 2 to 88 Nov. 23; Jordan Motor from substantial character of a speculation carried to such daring 65 Nov. 2 to 43% Nov. 23; Nash Motors from 474% extremes. The advance in Federal Reserve rates furnished Nov. 2 to 431 Nov. 17; Packard Motor from 48% Nov. 12 to the occasion for the tumble, but it should be understood that 36% Nov. 24; Paige-Detroit from 31% Nov. 2 to 24% Nov. it was only the occasion for it and not its underlying cause. 18; Pierce-Arrow from 47% Nov. 2 to 31% Nov. 18; StudeThe early part of the month the market continued its baker Corporation from 68% Nov. 2 to 54% Nov. 24; White breakneck pace and further wild advances in prices oc Motor from 102 Nov. 2 to 78 Nov. 18, and Willys-Overland curred, not only among the usual market leaders, but in from 34% Nov. 4 to 25 Nov. 24. Among the specialties which stocks that had previously been more or less quiescent. suffered badly may be mentioned U. S. Cast Iron Pipe & The daily transactions kept growing in volume and it was Foundry, which dropped from 227% Nov. 6 to 176 Nov. 24; now palpably evident that there was public participation in Sears-Roebuck, which dropped from 233% Nov. 10 to 212% the speculation— and on a tremendous scale. But it was Nov. 24; Railway Steel Spring from 182 Nov. 12 to 168 Nov. also evident that liquidation was proceeding— that those 24; Texas Gulf Sulphur from 121% Nov. 7 to 111% Nov. who had been engaged so prominently in sending prices up 24; Otis Elevator com. from 136 Nov. 4 to 125% Nov. 23; ward were taking time by the forelock and availing of every No. America from 73% Nov. 4 to 63 Nov. 18; I’athe Exchange opportunity of lightening their loads in anticipation of the from 88 Nov. 2 to 70 Nov. 10; Union Bag & Paper from 84% inevitable break which was bound to come sooner or later. Nov. 2 to 72% Nov. 18; United Cigar Stores from 115% Nov. The liquidation was done under cover of advances in stocks 9 to 102 Nov. 17; United Drug from 162% Nov. 4 to 144 Nov. that had had as yet only a relatively moderate rise and 23; United Fruit from 235 Nov. 5 to 220 Nov. 23; U. S. Indus therefore could be bought without running any great risk. trial Alcohol from 96% Nov. 4 to 77 Nov. 28; U. S. Realty The railroad shares were again made to do duty in that & Improvement from 184% Nov. 2 to 149 Nov. 24; F. W. respect, as they had so many times before in periods of Woolworth from 214% Nov. 2 to 189 Nov. 24; American Can weakness on the Exchange, activity in them being stimu from 263 Nov. 6 to 239 Nov. 24; American Linseed from 59% lated while selling was being conducted in other parts of Nov. 5 to 45% Nov. 25; Atlantic Gulf & West Indies from the market. In addition, also, other stocks were taken up 66 Nov. 2 to 51% Nov. 23; Coca Cola from 177% Nov. 9 to for the same purpose. The steel stocks, for instance, served 140% Nov. 28; Baldwin Locomotive from 132% Nov. 9 to excellently well to that end, since accounts regarding the 121% Nov. 18; General Electric from 336 Nov. 7 to 301 condition of the steel trade were very favorable. There was Nov. 24; International Business Machine from 176% Nov. reason at the time to apprehend that these movements were 13 to 161% Nov. 24; International Harvester from 132% with a view to effecting distribution in the motor shares Nov. 2 to 120 Nov. 23; Ivresge from 750 Nov. 2 to 699% Nov. and other specialties, which had been advanced in such a 27; Loose-Wiles Biscuit from 140 Nov. 4 to 110 Nov. 25; sensational manner, and subsequent developments proved Mack Trucks from 242 Nov. 2 to 209% Nov. 30; Gulf States the correctness of this theory. The next week the collapse Steel from 95% Nov. 5 to 83% Nov. 24, and B. F. Goodrich came and the worst drop in prices occurred since that from 74% Nov. 6 to 63% Nov. 23. On the other hand, as al experienced the previous March, when stock speculation and ready stated, the railroad shares moved counter to the gen grain speculation simultaneously collapsed all of a sudden in eral "trend, many of them establishing new high records for such spectacular fashion. The general market was weak the year. Atlantic Coast Line moved up from 215 Nov. 2 to even on Nov. 7, notwithstanding the further upward spurt 235 Nov. 30; N. Y. Chic. & St. Louis from 145% Nov. 11 to in Steel com., sharp downward reactions characterizing the 177 Nov. 20; Cliesa & Ohio from 106% Nov. 10 to 120% Nov. two-hour session, the recessions being especially noticeable 19; Norf. & West, from 138% Nov. 9 to 149% Nov. 25; Wheel. among the high priced stocks, with declines particularly & Lake Erie com. from 20% Nov. 2 to 30% Nov. 30; Kansas noteworthy among the specialties, many of which fell off Citv Southern from 38% Nov. 10 to 48% Nov. 30; Balto. & from 2 to 10 points. Heavy selling movement was again Ohio 83% Nov. 6 to 93% Nov. 14; Mo. Pac. from 33 Nov. 10 the predominating feature the following Monday, Nov. 9, to 38% Nov. 20; St. Louis South Western com. from 51% though, nevertheless, there was some ii’regularity in the Nov. 11 to 56% Nov. 30; New York Central from 124 Nov. 10 price movement, and several specialties, apparently espe to 130% Nov. 14; Union Pacific from 140% Nov. 11 to 148% cially selected for the purpose, were advanced to new high Nov. 30; Wabash com. from 37% Nov. 6 to 42% Nov. 14; Seaboard Air Line com. from 47% Nov. 10 to 54% Nov. 14, figures. The next day (Nov. 10) the bottom dropped completely out and Reading com. from 83% Nov. 6 to 91% Nov. 14. Pitts of the market and it suffered one of the very worst slumps in burgh & West Virginia jumped from 92 Nov. 5 to 120% Nov. prices witnessed in Stock Exchange history. The motor 25 on rumors of buying for control. The local traction stocks, which had been such speculative favorites and had shares early in the month sharply advanced on the results had such phenomenal advances, suffered most, the declines of the local elections with the early disappearance of Mayor in some instances reaching 25 or more points. Transactions Hylan from the City Administration, but later in the month on the Stock Exchange had been gradually approaching suffered sharp reactions in the general decline. Sugar 3,000,000 shares a day and the flood of selling on the day of stocks quite generally showed improvement on the resump the collapse may be judged from the fact that the day’s tion of dividends by the American Sugar Co. and the im D ec., 0 MONTHLY REVIEW 1925.] provement in sugar prices. Amer. Sugar advanced from 66% Nov. 2 to 75 Nov. 30 and Cuban-American Sugar from 22% Nov. 10 to 27% Nov. 17. Some of the merchandise stocks also moved counter to the general trend, May De partment Stores rising from 126% Nov. 6 to 138 Nov. 23 and Gimbel Bros. com. from 66% Nov. 4 to 77% Nov. 30. A few of the specialties were distinguished in the same way, par ticularly American Water Works, which rose from 49% Nov. 10 to 68% Nov. 30; American Brake Shoe & Foundry, which rose from 133 Nov. 7 to 153% Nov. 19 ,and Fed. Min. & Smelt, com., which advanced from 40 Nov. 4 to 86 Nov. 23. RATES FOR M O N E T AT N E W Y O R K . W E E K L Y . Week Ended— Nov. 6. Nov. 13. Nov. 20. Nov.27 Call Loans on Stock Exchange— 4K -5 4H -5 4K-5 Range for week (mixed and industrial coll.)-4)^-5 4X 4% Week’s avge. (mixed & industrial coll.)-------Time Loans (Mixed and Industrial Collateral)— 4% Ws 4K Sixty days___________________________________ 4^-5 4^-5 Ninety days_________________________________4 % -5 4^-5 4^ 4 % -5 Four months_______________________________ 4 % -5 4 % -5 4 S 4^-5 :V Five months________________________________ 4 % -5 4K-5 iVs 4^-5 Six months__________________________________4 % -5 VO L U M E OF BUSINESS ON TH E STOCK E X C H A N G E . 1924. 1923. 1922. Month of November— 1925. 41,657,077 22,588,598 19,407,087 Stocksales— No. of shares 49,176,979 Bond sales (par value)— S 269,490,000 156,002,000 142,006,000 Railroad & miscell____ 165,569,100 51,783,725 70,522,000 87,037,400 U . S. Government____ 22,993,200 69,297,500 30,375,000 45,832,000 State, munlc. & foreign 49,320,000 In the foreign exchange market the feature was the fresh collapse in the French franc and the decline in exchange rates on London to a point which made possible the resump tion of gold shipments from Great Britain to the United States. The collapse in French exchange, however, cannot be said to have played any part in weakening the sterling exchange market. On the other hand, the debt settlement concluded by Italy with the United States, with the improve ment that this brought in the value of Italian lire, exercised a slight tonic effect on the foreign exchange situation as a whole. In the main, though, sterling exchange moved in re sponse to influences relating to itself alone. Fluctuations were within narrow limits and toward a slightly lower level, in line with general expectations, but it needed only small fractional declines to bring rates to the figure which admit ted or necessitated the resumption of the gold outflow from Great Britain to this country. As a matter of fact, the fluctuations were encompassed within a range of less than %>c. to the pound sterling, the high figure for the month on sight bills on London having been 4 84% Nov. 5 and the low figure 4 84 1-16, reached on Nov. 19 and on several sub sequent days, including Nov. 30, and the high rate for cable transfers having been 4 84% Nov. 5 and the low 4 84 7-16 recorded Nov. 19 and several subsequent days, also including Nov. 30. A new factor in the situation was the announce ment by the British Chancellor of the Exchequer on Nov. 3 that the embargo against the placing of foreign and colonial loans in London had been removed. This declaration came as somewhat of a surprise since no action of that sort had been looked for at the present time. The announcement might have been expected to weaken exchange rates and it may have played its part in the decline in rates which came later in the month, but the immediate effect was to cause a slight improvement in rates and it has already been noted that the highest figure of the month, both for sight bills and for cable transfers, was reached the next day, Nov. 5. The improvement proved only transitory and thereafter the tenin sterling proved only transitory and thereafter the ten dency was slowly towards a slightly lower level, as already indicated. Offerings of commercial bills were always in evidence, as was to be expected at this season of the year, when the export shipments of cotton and grain are nearly always large, but these commercial bills at no time seemed to be pressing very heavily upon the market. The possi bility of an advance in the rediscount rate of the Federal Reserve Bank of New York caused more or less anxiety at times, inasmuch as such a step was certain to have an im portant bearing on sterling values, involving almost cer tainly further transfers of floating balances from London to New York, thereby accelerating the outflow of gold from Great Britain. There were also suggestions that the Bank of England might advance its rate of discount in anticipa tion of a rise in the New York rate, but this was deferred until the next month (Dec. 3). The last week of November, with sterling rates down again to the gold export point, shipments of the metal from London to New York were resumed, though only on a moderate scale. On Nov. 30 the range for sight bills was 4 8 4 1-16@4 84 3-16, and that for cable transfers 4 84 7-16@4 84 9-16. As already noted, the French franc suffered a fresh col lapse. French internal finances were apparently in a state of complete disorder and the failure to arrange a debt settle ment with the United States proved an additional drawback which appeared to be steadily growing in importance. At the opening of the month heavy selling of franc exchange on the London and Paris markets induced sensational declines in rates there, and these were naturally reflected here. Premier Painleve’s new Cabinet, organized after the ousting of M. Caillaux as Finance Minister, was accorded only an indifferent reception by the French Parliament, leading to fears of another political upheaval ere long— which came later in the month. Financing to the end of the year, it was known, would involve heavy demands on the French Govern ment and in the absence of a debt settlement with the United States and the difficulty of negotiating new loans the prob lem of dealing With French finances became increasingly serious. There appeared to be no recourse except further borrowing by the Government at the Bank of France, and this meant further inflation. New high records for note circulation, as well as for Government advances, were made and the outlook appeared decidedly gloomy. M. Painleve, acting as his own Finance Minister, prepared an amended finance bill which furnished further cause for uneasiness, since it contained a thinly-disguised plan for a capital levy, inserted to placate the Socialist members of Parliament, upon whose support the Painleve Ministry was dependent. There were other features of the bill that aroused much anxiety and which induced further exports of capital from Total bond sales____ 237,882,300 Jan. 1 to Nov. 30— Stock sales— No. of shares 411,140,297 Bond sales (par value)— S Railroad & miscell____ 2,157,552,175 U . S. Government____ 353,361,660 State, munlc. & foreign 607,472,260 390,571,225 256,899,000 274,875,400 238,121,980 210,592,174 231,242,700 !,111,998,900 1,433,290,000 902,613,700 802,868,515 726,206,400 1,773,606,415 502,039,000 400,296,000 284,396,700 Total bond sales____3,118,386,095 3,416,906,415 2,559,792,400 2,960,616,815 The money market continued to show growing firmness, one evidence of this being furnished in the advance in the discount rates of the Federal Reserve banks outside of New York, to which allusion has already been made in our review of the stock market above. On Monday afternoon, Nov. 9, after the close of business, the Federal Reserve Bank of Boston, quite to the surprise of nearly everyone, announced an advance in its rate from 8% % to 4% on all classes of paper. This was the first change by that institution since June of the year previous (1924). On Monday, Nov. 16, the Federal Reserve Bank of Cleveland, after the close of business also announced an advance from 3% to 4% , and at the close on Thursday, Nov. 19, the Federal Reserve Bank of Philadelphia followed with like action. On Saturday, Nov. 21, the Federal Reserve Bank of San Francisco like wise fell in line and increased its rate on all classes of paper from 3%>% to 4%, effective Monday, Nov. 23. This left only the Federal Reserve Bank of New York still maintaining the 3%>% rate, out of the five Federal Reserve institutions which had been quoting that rate. The other seven Reserve institutions had never dropped below 4%. It need hardly be said that there was no scarcity of funds during the month either for trade purposes or on the Stock Exchange, notwithstanding the advance in rediscount rates by the Federal Reserve banks outside of New York. Mer cantile requirements, it is reasonable to suppose, were some what larger, since indications of increasing trade activity came from many quarters, but supplies were at all times adequate. Nor did call loan rates on the Stock Exchange rise to extreme figures. It was noted on several occasions during the month that interior banks were recalling some of the money loaned out here on the Stock Exchange, this action apparently being irrespective of the changes in Fed eral Reserve rates, some of it, indeed, antedating the first change in these rates, but on the other hand, liquidation of speculative accounts on the Stock Exchange occurred on a very extensive scale, presumably curtailing Stock Exchange requirements. At all events the call loan rate on the Stock Exchange at no time during the month rose above 5% except on the last day (Nov. 30), which last was on account of the preparations for the 1st of December payments. Nor, on the other hand, did it at any time drop below 4% % , making the range for the month narrow—4% @ 5 % % . The renewal rate ranged between the same two figures, the 5% rate ruling on Nov. 2,Nov. 4, Nov. 17, Nov. 18 and Nov. 30, and the 4% % rate Nov. 12 to Nov. 16, inclusive, and Nov. 20 to Nov. 24, inclusive, with 4% % the ruling figure for the remaining days of the month. The quotations for time loans showed a further slight stiffening after the fractional advance the previous month, though with a trifling easing for the longer maturities. At the beginning of November the quotation was 4% @ 5 % for all periods from 60 days to 6 months, with the bulk of the business passing at 4% % . Later 4% % be came the rate for 60-day loans and 4% @ 5 % the quotation for loans running from 90 days to six months. This re mained the situation at the very close except that then the bulk of the business for all maturities was 4% % . Commer cial paper throughout the month ruled at 4%@4%>% for 4 to 6 months’ names of choice character with names not so well known at 4% % . New England mill paper and the shorter choice names continued to pass at 4% % . Country banks were the principal buyers, though the market was only moderately active and the offerings as a rule restricted. Banks and bankers’ acceptances remained at the levels pre viously current and the American Acceptance Council made the rate on prime bankers’ acceptances eligible for purchase by the Federal Reserve banks S%% bid and 3% % asked for bills running 30 days, 3% % bid and 3% % asked for 60 days, 3% % bid and 3% % asked for 90 days, 3% % bid and 3 % % asked for 120 days, 3% % bid and 3% % asked for 150 days and 4% bid and 3% % asked for 180 days. For call loans against bankers’ acceptances the posted rate o f the American Acceptance Council was changed from time to time in accordance with the changes in ordinary call loan rates on the Stock Exchange, the range for the month having been 4 @ 4 % % , with the rate Nov. 30 4% % . Commercial Pa-per— Double and single names— Prime 4 to 6 months____________________ 4M -4H Good 4 to 6 months______________________4)^-4% 4Ji-4M 4 y2 4M“4)'3 4H 4M-4H 4^ 10 [V ol. MONTHLY REVIEW 121, the French centre. Among the most unpopular provisions in the dealings to a considerable extent. Attempts to stem were those intended to grant authority to extend the dates the decline by means of Government support were reported of maturity on outstanding internal short-term bonds and at intervals, but evidently met with scant success, although a proposal to allow an increase in National Defense bonds it is believed that large amounts of the Morgan credit were for the purpose of retiring short-term obligations. The used for that purpose. On Nov. 25 the franc got down as French Ministry under M. Painleve was finally forced out by low as 3.73%. Sharp improvement, however, came on Nov. the failure of the Socialists in the French Parliament to sup 27, when it appeared that M. Briand had on a second at port the new finance scheme as promised. Then came great tempt succeeded in organizing a new Ministry, and had at 'd elay in organizing a new Ministry, repeated attempts to the same time managed to circumvent the Socialists. The that end having proved abortive, and in the meantime it was franc on that day got back to 3.89 and there were further found necessary to extend the limit of advances by the Bank sharp upward reactions the remaining two business days, of France to the French Government. The statement of and on Nov. 30 the franc again got above 4.00c., the range the Bank of France for Nov. 4 showed the further large ex for that day being 3.89@4.01, covering of shorts playing an pansion of 1,332,936,000 francs in the note circulation of the important part in the recovery. The Belgian franc cut com Bank, bringing the total up to 48.011,479,965 francs, or the pletely loose from its old association with the French franc highest total ever recorded up to that time. The return for and showed notable steadiness throughout the month, in face Nov. 11 was slightly better, showing a contraction in note of weakness in other branches of the exchange market. circulation for the week of 329,773,000 francs, but this was Checks on Antwerp Nov. 2 ranged between 4.51% and 4.52, followed the succeeding week by an increase again of 261,- and the quotation Nov. 30 was 4.52, while the very lowest 522,000 francs and a further increase of 141,220,000 francs figure of the month reached Nov. 21 was 4.50. The Bank of in the week to Nov. 24, thus establishing still another new Belgium on Nov. 4 advanced its discount rate from 5% % to high record, making the amount now 48,085,448,855 francs. 6% % , being the first change since Jan. 22 1923, and on Nov. The State borrowed 350,000,000 francs more from the Bank 30 made a further advance, to 7%. The Italian lira after some further weakness the first few the last week, raising the total of advances to the French Government to 31,900,000,000 francs. The French Parliament days of November showed pretty steady improvement the had on June 27 raised the legal limit on such advances to remainder of the month. Here, of course, the overshadow 32.000. 000.000 francs, against a previous maximum of 26,- ing event was the conclusion of arrangements for funding 000,000,000 francs established on April 15. The French Par the Italian indebtedness to the United States on exceedingly liament on Nov. 23 now authorized a further addition of lenient terms for Italy, followed almost immediately by the 1.500.000. 000, bringing the legal limit of advances up to 33,- floating of an Italian Government loan for Italy in this 500.000.000 francs. The French franc on bankers’ country. On bankers’ sight bills the Italian lira was quoted checks quite early in the month dropped below 4.00c., at 3.95% @3.97 Nov. 2, from which there was a decline to getting down on Nov. 5 to 3.87%c., but some recovery then 3.91@3.93% on Nov. 5; by Nov. 13 the rate was up to 4.07%, ensued and on Nov. 7 the rate got as high as 4.05%c. After but the improvement was not fully maintained thereafter, that, however, weakness again developed, but the biggest and the rate Nov. 30 was 4.03%@4.03%. The Italian au break of all did not occur until the defeat of the Painleve thorities apparently continued to exercise active control of Ministry and the difficulty encountered in forming a new Italian exchange, but it was claimed that their efforts were Ministry. Frantic attempts were then made to unload directed towards bringing about a condition of stability francs, these being flung in huge quantities upon a market rather than higher values and that it was the purpose of that showed little absorbing capacity. Local dealers for the the Italian Government to maintain lire around 4c., the fig most part held aloof, but on the London and Paris markets ure that has been most frequently mentioned as likely feverish activity prevailed. Speculative operations figured to be the basis for permanent stabilization. There were no RATES OF E XC H A N G E ON CON TIN EN TAL CENTRES. N O T E .— M eth od o f q u o t in g F r e n c h , Sw iss a n d B e lg ia n f r a n c s a n d Ita lia n lire c h a n g e d o n D e c . 1 1920 t o s h o w t h e v a lu e o f all th e s e d iff e r e n t u n its a c e n t s p er u n it . T h e p re v io u s m e th o d o f q u o t in g w as t o give t h e n u m b e r o f fr a n c s o r lire t o t h e d o lla r. Ita lia n Lire G re e k Now quoted in Cents per Drachma Bankers’ Cables Bankers' Checks Cables u P aris Francs £ a ► O Checks z i 2 3 4 5 6 7 8 9 Bankers' SUN D A Y 22 2: 24 25 26 27 25 2C 36 A n tw e r p Francs Bankers' Bankers' Checks Cables Cables Bankers' Checks Cables Sight SUN D A Y 1 9 .2 7 4 . 1 5 M a 4 . 1 8 M 4 .1 6 M a 4 . 1 9 M HOLI D A Y Cables 4 0 .2 1 ) 4 4 0 .2 3 )4 4 .5 1 ) 4 0 . 5 2 3 .9 5 4 0 .2 5 3 .9 6 a 3 .9 8 3 4 1 9 .2 6 ) 4 4 0 .2 3 1 9 .2 7 ) 4 3 .9 7 0 3 .9 9 4 0 .2 4 1 9 .2 6 0 1 9 .2 7 1 9 .2 7 0 1 9 .2 9 4 0 .2 2 4 0 .2 4 4 0 .2 2 3 .9 3 34 0 3 .9 7 J 4 1 9 . 2 6 ) 4 a . 2 7 ) 4 1 9 .2 7 3 4 a .2 8 3 4 3 .9 9 3 4 a 4 .0 8 0 4 0 .2 3 4 0 .2 2 0 4 0 .2 3 4 0 .2 4 1 9 .2 7 ) 4 1 9 .2 8 ) 4 4 0 .2 4 )4 1 9 .2 7 1 9 .2 8 4 .0 3 3 4 o 4 .0 8 3 4 4 0 .2 2 3 4 3 .9 9 o 4 .0 2 ) 4 1 9 .2 7 1 9 .2 8 4 0 .2 5 4 0 .2 3 SUN D A Y SUN D A Y SUN D A Y 4 .0 0 M a 4 . 0 2 3 .9 8 M a 4 .0 0 M 3 .9 2 M a 4 .0 0 3 .9 3 ^ 0 3 .9 6 3 .9 4 M a 3 .9 6 M 3 .8 8 A a 3 .9 1 3.86 3 .8 0 3 .7 3 SUN D A Y HOLI D A Y HOLI D A Y HOLI D A Y SUN D A Y 3 .8 9 o 4 .0 1 3 .9 0 o 4 0 . l l 4 0 .1 9 O40.2C 4 0 .2 1 4 .5 3 3 4 4 .5 3 ) 4 4 .5 3 ) 4 4 .5 3 4 .5 2 ) 4 0 . 5 3 4 .5 1 a .5 3 3 .9 9 0 4 . 0 2 )4 3 .9 8 )4 a .0 0 )4 3 .9 6 0 .9 9 3 .0 8 ) 4 0 . 0 1 3 4 3 .9 9 ) 4 0 . 0 0 3 4 3 .9 9 0 .9 9 )4 SUN D A Y a 4 .0 2 HOLI D A Y 0 4 0 .2 1 4 .5 0 3 4 O .5 2 a 4 0 .2 2 4 . 5 1 ) 4 a . 5 2 SUN D A Y SUN D A Y 1 9 .2 6 a l9 .2 6 3 4 1 9 . 2 7 a l 9 . 2 7 ) 4 4 0 .1 8 0 4 0 .1 9 4 0 .2 0 4 .5 1 ) 4 0 .5 3 4 .5 2 ) 4 a .5 3 a 4 0 .2 2 4 .5 2 SUN D A Y 1 .3 3 3 .9 5 ) 4 0 . 9 8 ) 4 1 .3 3 ) 4 3 .9 8 O 4 .0 0 1 .3 4 ) 4 1 .3 4 ) 4 3 .9 7 a. 9 8 ) 4 1 .3 4 1 .3 3 ) 4 1 .3 2 ) 4 3 .9 8 ) 4 0 . 0 6 3 4 1 .3 3 ) 4 4 .0 4 a .0 8 ) 4 1 .3 2 ) 4 1 .3 3 ) 4 4 . 0 2 ) 4 0 . 0 4 ) 4 1 .3 3 a. 3 3 ) 4 1 . 3 3 ) 4 0 . 3 4 ) 4 SUN D A Y SUN D A Y 4 .0 0 0 .0 3 ) 4 3 .9 9 ) 4 a . 0 1 ) 4 3 .9 7 a .00 3 .9 9 3 4 0 .0 2 ) 4 4 .0 0 ) 4 0 . 0 1 ) 4 4 .0 0 a .0 0 ) 4 SUN D A Y 4 . 0 4 ) 4 0 . 0 5 ) 4 4 .0 5 ) 4 a . 0 6 ) 4 4 .0 3 3 4 0 . 0 4 ) 4 4 .0 4 ) 4 0 . 0 5 ) 4 4 .0 3 a. 0 3 ) 4 4 .0 4 a .0 4 )4 HOLI D A Y 1 .3 4 ) 4 1 .3 3 1 .3 2 ) 4 1 .3 2 ) 4 1 .3 2 ) 4 1 .3 3 1 .3 4 ) 4 1 .3 3 ) 4 1 .3 3 ) 4 1 .3 3 1 .3 3 1 .3 3 ) 4 1 .3 3 1 .3 3 1 .3 3 1 .3 3 ) 4 1 .3 3 ) 4 1 .3 3 ) 4 SUN D A Y HOLI D A Y 4 .0 2 )4 0 .0 3 )4 4 .0 3 )4 a .0 4 )4 1 .3 2 ) 4 o l.3 3 4 . 0 3 M a .0 3 ) 4 4 . 0 1 ) 4 0 . 0 4 ) 4 1 .3 3 ) 4 SUN D A Y 4 .5 3 1 .3 5 )4 0 .3 6 )4 HOLI D A Y SUN D A Y 3 .9 4 )4 0 .9 7 )4 3 .9 7 a .9 9 3 .9 6 a. 9 7 ) 4 3 .9 7 ) 4 0 . 0 5 ) 4 4 .0 3 a .0 7 3 4 4 .0 1 ) 4 0 . 0 3 ) 4 SUN D A Y SUN D A Y 1 .3 4 ) 4 0 . 3 6 a .4 1 3 .9 5 a .9 6 ) 4 1 . 3 7 ) 4 0 . 4 0 ) 4 1 .3 8 3 .9 2 0 . 9 4 ) 4 1 .3 4 a .3 6 1 .3 4 )4 0 .3 6 )4 3 .9 4 ) 4 0 . 9 6 1 .3 5 1 .3 4 ) 4 3 .9 5 ) 4 0 4 . 0 1 1 .3 5 ) 4 1 .3 5 ) 4 4 .5 3 a .5 4 4 .5 3 3 4 4 .5 3 a .5 3 3 4 4 .5 3 a .54 4 .5 3 )4 0 .5 4 4 .5 3 )4 19.26 M&19.27 19.2734019.2S 4 0 .2 0 0 4 0 .2 0 34 4 0 .2 2 a 4 0 .2 2 )4 4 .5 0 3 4 0 .5 1 ) 4 4.5112052*4 0 3 .8 5 1 4 3 .8 1 4 0 .1 8 0 4 0 .1 8 ) 4 4 0 .2 0 a 4 0 .2 0 M 4 .5 1 3 4 0 .5 2 4 .5 2 ) 4 0 .5 3 a 3 .8 6 3 4 1 9 .2 6 34 1 9 .2 7 ) 4 0 3 .7 6 3 4 3 .7 4 ) 4 a 3 .7 7 3 4 1 9 .2 5 3 4 a l 9 .2 6 1 9 .2 6 ) 4 a l 9 .2 7 4 0 .1 7 0 4 0 .1 7 3 4 4 0 .1 9 0 4 0 .1 9 ) 4 4 .5 1 3 4 0 .5 2 4 .5 2 ) 4 0 .5 3 3 .8 6 0 3 .8 9 3 .8 7 a 3 .9 0 1 9 .2 5 0 1 9 .2 6 1 9 .2 6 0 1 9 .2 7 4 0 .1 7 3 .8 6 3 4 0 3 .8 8 ) 4 3 .8 7 3 4 a 3 .8 9 ) 4 1 9 .2 6 1 9 .2 7 4 0 .1 9 3 .9 4 0 .9 5 ) 4 3 .9 1 0 .9 3 ) 4 3 .9 3 ) 4 0 . 9 5 3 .9 4 ) 4 0 4 . 0 0 SUN D A Y SUN D A Y SUN D A Y 3 .9 6 )4 0 .9 8 HOLI D A Y 4 .5 2 0 .5 3 4 .5 3 4 .5 3 ) 4 a . 5 5 4 .5 3 a . 54 4 .5 2 a . 53 4 .5 2 ) 4 4 .5 2 a .5 2 )4 4 .5 2 a .53 4 .5 2 3 4 a .5 3 4 .5 2 ) 4 4 .0 1 )4 a 4 .0 3 4 .5 2 ) 4 1 9 .2 7 1 9 .2 8 4 0 .2 4 ) 4 4 0 .2 2 3 4 1 9 .2 7 0 4 0 .2 4 4 .5 2 ) 4 1 9 .2 8 4 0 .2 1 0 4 0 .2 2 4 0 .2 3 3 .9 9 3 4 0 4 .0 1 ) 4 3 . 9 3 ) 4 a 4 .0 1 4 0 .2 1 )4 4 .5 2 ) 4 1 9 .2 7 3 4 4 0 .2 3 )4 1 9 .2 8 3 4 3 .9 4 3 4 a 3 .9 7 4 0 .2 2 4 .5 2 1 9 .2 7 ) 4 4 0 .2 0 1 9 .2 8 3 4 4 0 . 2 0 ) 4 0 4 0 . 2 2 4 0 . 2 2 ) 4 a 4 0 .2 4 4 .5 1 ) 4 0 . 5 2 3 .9 5 ) 4 a 3 .9 7 3 4 1 9 .2 7 3 4 1 9 .2 8 ) 4 3 .8 9 ) 4 0 3 . 9 2 1 9 .2 6 ) 4 a l 9 . 2 7 1 9 . 2 7 ) 4 a l 9 . 2 8 4 0 .2 2 4 .5 0 a . 52 4 0 .2 0 SUK D A Y a3.91 3.87 a3.92 3 .9 5 ) 4 0 . 9 7 SUN D A Y SUN D A Y SUN D A Y SUN D A Y 4 .5 2 3 4 0 .5 3 HOLI D A Y HOLI D A Y 4 0 .2 4 4 .5 1 a .52 4 0 .2 2 4 . 0 3 M a 4 . 0 5 M 1 9 .2 6 3 4 o l 9 .2 7 1 9 .2 7 3 4 a l 9 .2 8 1 9 .2 7 1 9 .2 8 4 0 .2 5 4 .5 2 4 0 .2 2 0 4 0 .2 3 4 0 .2 4 a 3 .8 8 M a 3 .9 8 M 4 .5 2 M a .5 4 3 .9 5 3 4 a 4 .0 6 4 0 .2 4 4 0 .2 6 1 9 .2 7 ) 4 1 9 .2 6 ) 4 1 9 .2 7 4 .5 2 0 .5 3 4 .0 2 a 4 .0 6 M 1 9 .2 8 4 0 .2 5 4 0 .2 3 a 3 .9 7 M a 3 .9 8 3 .9 2 M a 3 .9 6 M 3 .9 8 M a 4 . 0 7 4 .0 2 M a 4 .0 7 M 3 .9 8 a 4 .0 1 M Sight SUN D A Y SUN D A Y 1 9 .2 8 HOLI D A Y 4 .0 2 M a 4 . 0 4 M 3 .8 7 M a 3 .9 7 M 3 .9 4 M a 4 .0 5 4 .0 1 a 4 .0 5 M 10 3 .9 6 11 12 13 14 15 16 17 18 19 20 21 A m sterdam Guilders Sw iss Francs 1 .3 3 0 .3 3 ) 4 1 .3 3 ) 4 SUN D A Y 4 .0 3 )4 a .0 3 )4 4 .0 4 ) 4 a .0 4 ) 4 1 .3 4 1 .3 3 ) 4 D en m ark Kroner Sw eden Kroner N orw ay Kroner B erlin / Reichsmarks V ie n n a Kronen S p a n ish Pesetas Bankers' Checks Cables Bankers' Checks Cables Bankers' Checks Cables Bankers' Checks Cables Bankers' Checks Cables Bankers' Checks Cables N ovem ber. 1 _________________ SUN D A Y 2 _____________________ 2 4 .9 4 a 2 5 .0 0 HOLI 3 _____________________ 4 _____________________ 2 4 .8 5 0 2 4 .8 8 5 _________________ 2 4 .8 5 0 2 4 :9 1 6 _____________________ 2 4 .8 2 a 2 4 .9 1 7 _________________ 2 4 .8 1 a 2 4 .8 4 8 _____________________ SUN 9 _____________________ 2 4 .7 9 0 2 4 .8 3 1 0 _____________________ 2 4 .6 8 0 2 4 .7 8 1 1 _____________________ 2 4 .5 1 o 2 4 .6 3 1 2 _____________________ 2 4 . 5 9 5 a .6 4 5 1 3 _____________________ 2 4 .6 7 a 2 4 .7 0 1 4 _____________________ 2 4 .6 8 a 2 4 .7 0 1 5 _____________________ SUN 1 6 ____________________ 1 7 _____________________ 2 4 .8 6 a 2 4 .9 2 1 8 _____________________ 2 4 .8 6 0 2 4 .9 4 1 9 ____________________ 2 4 .9 0 0 2 4 .9 3 2 0 ____________________ 2 4 .8 8 a 2 4 .9 1 2 1 ________________ 2 4 .8 8 a 2 4 .90 2 2 ___________________ SUN 2 3 _____________________ 2 4 . 8 4 o 2 4 . 88 2 4 __________ __ . 2 4 .8 0 0 2 4 .8 4 2 5 _____________________ 2 4 .8 9 a 2 4 .9 4 2 6 _____________________ HOLI 2 7 _____________________ 2 4 .8 1 a 2 4 .8 6 2 8 _____________________ 2 4 .8 8 0 2 4 .9 0 2 9 _____________________ SUN 3 0 _____________________ 2 4 . 8 4 o 2 4 . 86 SUN D A Y SUN D A Y 2 4 .9 8 0 2 5 .0 4 2 6 . 7 2 a 2 6 .73 2 6 .7 6 0 2 6 .7 7 2 0 .3 5 0 2 0 .3 9 2 0 . 3 9 a 2 0 .4 3 DAY 2 4 .8 9 a 2 4 .9 2 2 4 .8 9 a 2 4 .9 5 2 4 .8 6 a 2 4 .9 5 2 4 . 8 5 a 2 4 .8 8 D AY 2 4 .8 3 o 2 4 .8 7 2 4 .7 2 a 2 4 .8 2 2 4 .5 5 a 2 4 .6 7 2 4 .6 3 5 0 6 8 5 . 2 4 .7 1 0 2 4 .7 4 2 4 . 7 2 a 2 4 .7 4 D AY 2 4 .9 1 a 2 4 .9 6 2 4 . 9 0 a 2 4 .9 6 2 4 ,9 0 o 2 4 .9 8 2 4 .9 4 0 2 4 .9 7 2 4 . 9 2 a 2 4 .9 5 2 4 .9 2 a 2 4 .9 4 DAY 2 4 .8 8 0 2 4 .9 2 2 4 .8 4 o 2 4 .8 8 2 4 .9 3 0 2 4 .9 8 DAY 2 4 . 8 5 a 2 4 .9 0 2 4 . 9 2 a 2 4 .9 4 DAY 2 4 .8 8 0 2 4 .9 0 HOLI D A Y 2 6 .7 3 2 6 .7 2 2 6 .7 1 ) 6 2 6 .7 1 2 6 .7 7 2 6 .7 6 2 6 .7 5 )6 2 6 .7 5 SUN D A Y 2 6 .7 1 2 6 .7 0 2 6 .7 1 2 6 .7 0 2 6 .7 1 2 6 .7 1 2 6 .7 5 2 6 .7 4 2 6 .7 5 2 6 .7 4 2 6 .7 5 2 6 .7 5 SUN D A Y 2 6 .7 1 ) 6 2 6 .7 1 ) 6 2 6 .7 2 2 6 .7 2 2 6 .7 2 2 6 .7 2 ) 6 SUN DAY' 2 0 .2 9 a 2 0 .3 4 2 0 .3 3 « 2 0 .3 8 2 0 .2 1 a 2 0 .2 7 2 0 .2 5 o 2 0 .3 1 2 0 .3 1 0 2 0 .3 4 2 0 . 3 5 a 2 0 .3 8 2 6 .7 6 2 6 .7 6 ) 6 2 6 .7 6 SUN D A Y 2 3 .8 1 M 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 3 .8 1 ) 6 .0 0 1 4 H 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 3 .8 1 )6 .0 0 1 4 M .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y SUN D A Y 2 0 .3 4 a 2 0 .4 5 2 3 .8 1 ) 6 2 3 .8 1 )6 2 0 .4 1 a 2 0 .4 8 2 3 .8 0 a .8 1 M 2 3 .8 0 a .8 1 M 2 0 .3 4 a 2 0 .4 8 2 3 .8 1 2 3 .8 1 2 0 . 4 2 M o .4 7 2 3 .8 1 )6 2 3 .8 1 ) 6 2 3 .8 1 2 0 .4 2 0 2 0 .4 5 2 3 .8 1 2 3 .8 1 2 0 .4 2 2 3 .8 1 SUN D A Y HOLI D A Y 2 0 . 2 9 a 2 0 .3 3 2 0 .3 3 a 2 0 .3 7 2 0 .2 9 a 2 0 .3 1 2 0 .3 3 a 2 0 .3 5 SUN D A Y 2 0 . 3 2 a . 3 3 ) 6 2 0 .3 6 a .3 7 ) 6 SUN D A Y 2 3 .8 1 2 3 .8 1 2 3 .8 1 SUN D A Y 2 3 .8 1 M HOLI D A Y 2 0 .2 2 o 2 0 .32 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 0 . 1 6 a 2 0 .2 6 2 3 .8 1 ) 6 2 3 .8 1 ) 6 1 9 .9 5 o 2 0 .0 7 2 6 .8 0 ) 6 2 3 .8 1 ) 6 2 0 .1 2 0 .1 8 ) 6 2 3 .8 1 ) 6 2 3 .8 1 ) 6 2 0 . 1 5 ) 6 a . 3 0 2 3 .8 1 a .8 1 ) 6 2 3 . 8 1 0 .8 1 ) 6 2 0 .2 0 a 2 0 .2 3 2 3 .8 1 2 3 .8 1 2 6 .7 6 ) 6 2 6 .7 6 2 6 .7 8 SUN D A Y 2 6 .7 2 SUN D A Y 2 0 .1 8 0 2 0 .2 8 2 0 .1 2 0 2 0 .2 2 1 9 .9 1 a 2 0 .0 3 2 0 .0 8 a .1 4 M 2 0 .1 1 ) 6 a .2 6 2 0 . 1 6 a 2 0 .1 9 2 0 .3 0 a 2 0 .4 1 2 0 .3 7 0 2 0 .4 4 2 0 .3 0 a 2 0 .4 4 2 0 .3 8 ) 6 a .4 3 2 0 .3 8 o 2 0 .4 1 2 0 .3 8 HOLI D A Y 2 6 .7 2 2 6 .7 2 ) 6 2 0 . 3 2 a 2 0 .3 4 2 0 .3 6 0 2 0 .3 8 2 0 .2 8 )6 0 .3 6 2 0 .3 2 )6 0 .4 0 2 0 .2 3 0 2 0 .3 2 2 0 .2 7 a 2 0 .3 6 2 0 .3 2 ) 6 2 0 .2 8 )6 2 6 .7 5 ) 6 2 6 .7 5 ) 6 2 6 .7 6 2 6 .7 6 2 6 .7 6 2 6 .7 6 )6 SUN D A Y 2 6 .7 2 ) 6 2 6 .7 2 2 6 .7 4 HOLI DAY' 2 3 .8 1 2 3 .8 1 2 3 .8 1 HOLI D A Y 2 3 .8 1 M 2 3 .8 1 M 2 3 .8 1 M 2 3 .8 1 M 2 3 .8 1 2 3 .8 1 SUN D A Y .0 0 1 4 ) 6 HOLI D A Y .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y .0 0 1 4 ) 6 .0 0 1 4 M .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 M .0 5 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 HOLI D A Y .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y .0 0 1 4 ) 6 .0 0 1 4 ) 6 SUN D A Y 1 4 . 3 0 a l 4 . 31 1 4 . 3 2 a l 4 . 3 3 HOLI D A Y 1 4 .2 5 a .2 6 ) 6 1 4 . 2 7 a .2 8 M 1 4 .2 6 1 4 .2 8 1 4 .2 7 o l4 .2 8 1 4 .2 9 a l4 .3 0 1 4 .2 8 1 4 .3 0 SUN D A Y 1 4 .2 6 5 o .2 7 5 1 4 . 2 8 5 a .2 9 5 1 4 .2 6 ) 6 1 4 .2 8 M 1 4 .2 6 ) 6 1 4 .2 8 M 1 4 .2 6 a l 4 .2 7 1 4 . 2 8 a l 4 . 2 9 1 4 .2 6 0 1 4 .2 7 1 4 . 2 8 o l 4 . 2 9 1 4 .2 6 1 4 .2 8 SUN D A Y 1 4 .2 4 o l4 .2 6 1 4 . 2 2 M o .2 4 1 4 .2 3 a l4 .2 4 1 4 .2 2 a l 4 .2 3 1 4 .2 3 M 1 4 .2 2 a l 4 .2 4 1 4 .2 6 o l4 .2 8 1 4 . 2 4 M o .2 6 1 4 .2 5 a l4 .2 6 1 4 .2 4 a l4 .2 5 1 4 .2 5 M 1 4 .2 4 a l4 .2 6 SUN D A Y 1 4 .2 0 a .2 2 M 1 4 . 2 2 a . 2 4 M 1 4 .1 8 5 0 .2 0 5 1 4 .2 0 5 0 .2 2 5 1 4 .1 3 a l4 .1 7 1 4 .1 5 a l4 .1 9 HOLI D A Y 1 4 .1 6 a l 4 .1 9 1 4 . 1 8 a l 4 , 2 1 1 4 .1 7 M 1 4 .1 9 M SUN D A Y 1 4 .1 7 1 4 .1 9 D ec., 1925.] 11 MONTHLY EEYIEW special features in German or Austrian exchange, the Aus Rupees on Bombay were 36%@37 Nov. 30, against 37@37% trian crown remaining unchanged at .0014% and the Ger Nov. 2. The price of silver in London fell from 32% Nov. 3 man reichsmark varying only fractionally from 23.81%. to 3115-16 Nov. 16, but was 32% Nov. 30. The Bank of Germany showed a reduction in note circula C O tO tO tO M OO ^ t-* n^ lO -M O 'qO a^ lO O O O tO tO bO O O C -‘t-* -‘> -‘ tO O tO ^ tOrfi.WtO O i-‘t-‘i-kSt--HW>M cO O JC W H O tO ll^ O tion the first week of November of 125,240,000 marks, in the second week of 118,815,000 marks, and in the third week rk> rkH ——rf*—---- rf*rfkrfk> rfkrfk h.4kr* f f f k fk i f* 2S 2S S5 COOO00 00 00 00 00 of 134,979,000, with the usual large increase in the closing OO OO© ©©©© 00 00 0 0 o c 00 00 00 00 00 ©0 00-00- 00 b * H© H J ? = S X fS X ?J week, viz. 347,032,000. Numerous small loans were placed aaS 0 0 0 0 aaaaaa 0 0 C0 0 0 0 o 0 0 0 00 aaaaaa0 0Rasa0 0500 in this country during the month on behalf of German mu 0 ■ ©©© 0 0 0 0 00 000 e 0 ~ 0• 0 0 0 ©©©► 0 0 O0 0 ................................... nicipalities and also in aid of German industrial enterprises, the details of which have been set out in a paragraph fur L»<yjurjucH ooooooc/yooocoooooooo(Z20 H 0ooaoooQooo9 BQooooooo^:ooa2 ther above. The Greek drachma continued weak and the rate for bankers’ cheques Nov. 30 was 1.33%, against 1.34% £ z £ £ Ss s SCXX £X£ £ £ § v£ 2 ° O S,EH O OO>GQ8OOOs C O OQ C s O 98 Oo s 0 OOO f o 08S QO a s 08S!>O!>a O.® OOO C @1.36 on Nov. 2. Gs.OC d a OtC s OOOOOO OOOC Ot )o (J C e Hya di, > i.O Exchange rates on the countries that were neutral during the war moved slightly lower in harmony with the general 0000k downward trend of exchange. The Danish crown on checks ^ 44 kk 4Dk4 0 0 0 4 4 4 4 4 4 4 4 4 o k0 0 4 4 4 k k k k k k oooooooo c 4 kkk0 aa a declined from 25.00 Nov. 2 to 24.51 Nov. 11 and was 24.84@ s s :s -XXX a aa aaa aaaaaa aaaaaa aaaa 24.86 Nov. 30. The Norwegian crown sharply declined from 00 00 00 CO 00 00 00 00 CO 00 00 O O 00 00 00 00 00 00 oooooooo 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4-4 4 4 k k - k k k k k k k k k k k k k k k* k k k 20.39 Nov. 2 to 19.91 Nov. 11, but recovered, and was 20.32@ 20.33% Nov. 30. The Swedish crown, as usual, fluctuated 4 4 4 4. 4 4 4 4 4 4 4 4 kkk* kk kkkkkk within a narrow range and was 26.72 Nov. 30, against aa Jk a k ka aaa a w 4 4 ww OOOOOOOOCOOO 00 00 00 400 00 4 4 4-4 kk c 44V 444 44400 44 k k * k 26.72@26.73 Nov. 2. Spanish pesetas were 14.17 Nov. 30. f * * X s * = s “ s" 5 XXX aaaaaa aaaaaa aaa a against 14.30@14.31 Nov. 2. The Polish zloty again showed CO COCO 0 0 00 00 CO 00 oooooooo 4 4 4 4a4a4a 4a4a00 4a4aCO OOOOOOOOOOOO 00 00 00 00 00 k kk 4aao 00 4 4 4a4 4 4 4a ................... a a a a a 4 4 44 kkkk sensational weakness, dropping from 16.75 Nov. 4 to 13.75 Nov. 30. 4. 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4-4 4 4 4 4 4 4 * ^ a a aa a a a a k k k k k* k k * k k * k 00 00 00 Rates on South American points tended strongly down © ©© 00 ©00 00 00 00 00 00 00 OOOOOOOOOOOO oooooooo 00 ©00© ©©o ©©© ©©©©©© ©©©© © ward in the case of the Brazilian milreis, while an active s 5 X 5 5 5 XXfXXX X sX sss -XXX 5 a aa aaa aaaaaa aaaaaa aaaa a demand for pesos brought an advance in the case of Argen CO CO 00 00 00'00 OOOOOOOOOOOO OOOOOOOOOOOO O 00 00 CO O 00 © ©© © ©© © © © © © © © © © © © © © © © © o tine exchange. There were also rumors that the present dual currency in Argentina was to be replaced by a new stabilized system. The Argentine peso for checks was 41.26 «0(Hco©o;:0 cD ? cl>c M )lto c,(:S ,,:C :c c d ,:0 ,:c'coo ccd i:o d oc dC :C d c (:c H,c> ;0 Nov. 2, 41.79 Nov. 17 and 41.39 Nov. 30. The Brazilian mil adaaH aaaQ aaaaaaO aaaaaaO aaaaH ad reis, after moving up from 14.94 Nov. 2 to 15.08 Nov. 9, broke ©►*^©©J>-tOcO©^ © © © © © © y " © © © © © © ^ © © © © p > © ^ to 13.89 Nov. 30. The break was attributed to a falling off in the volume of foreign buying of coffee in Brazil, which in 44 444 444444 444444 4444 a a a a a a a a k ^ k aa a a a a a a a a turn was attributed to high exchange having affected the 00 00 00 00 00 OOOOOOOOOOOO OOOOOOOOOOOO OOOOOOOO tj § ©© © © © © © © © © © © © © © © © © © O © £ S coffee movement unfavorably. The Chilean peso was some h ^ « S« hq X X X X J?X h° a° a S S ^XXX § a a ©a ©a a aaa0 OOOOOOOOOOOO a a a a a a a a a a OO what higher, being 12 7-16 Nov. 30, against 12.13 Nov. 2. '00 0000 0000 00 000 00 00 COCO ©©© ©©©©©© ©©©©©© ©©* © Exchange on the silver-using countries was somewhat lower, XXX xx«xj X * X S but the Japanese yen moved higher, influenced by the gold 4 (k4 4 4 4 4 4 4 4 4 4 4 4 4 4 kt. AAAA k Aa Ak a k k k k shipments from Japan to the United States The yen was OOOOOOOOOOOO OOOOOOOOOOOO toto* to0 0 O0 OC0 C oooooooo o 0 0 O5 OO0 O CO CO coco to to 43% @44% Nov. 28 and closed Nov. 30 at 43@43 7-16, against fXX 5X iSa aaaaaa0 a0a00a a 00 a a aXX a0 a s 41% @42 Nov. 2. Dollars on Hongkong were quoted at 58% a a 0 0 0 CO CO CO 0 0 a0X0aC WXWO C ? b 0 0 00 0 0 0 CCC C O X O a 0 00 00 00 to to to 5 OOOO0 C C O to c o @58% Nov. 30, against 59 @59% Nov. 2, but the tael on XXX XXX f X X X s X fX X fX X f Shanghai was 77%@78 Nov. 30, against 76%@77% Nov. 2. RATES OF EXCHANGE ON OTHER CENTRES. Nov 1__ 2 -. 3-_ 4_. 5 -6 -7 -S -. 9 -10-11-12-1 3 -. 14_ 1 5 -. 16- _ 17-1 8 .. 19-20-21_. 22 -2 3 .. 2 4 -. 2 5 .. 26. _ 2 7 -. 2 8 .. 2 9 .. 3 0 .. Nov. 1 -. 2 -3 .-4 .-5 -6 .-7 ... 8 .-9 .-. 1 0 .- 11 _-12__ 1 3 .- 14. 15. 1 6 .- 17__ 18.__ 1 9 .- 2 0 .- 21_ _ 22_ _ 2 3 .-. 2 4 ._ 25. 26. 27.__ 28 — 2 9 ... 30 — Canada Dollars Czecho slovakia Kronen Bucharest Leu e Polish Zloty Checks Hungary Serbia d Russian Chervonetz d Bulgaria Finnish Markka Checks SU N D A Y 1.77% H O L ID A Y 1.77% 1.77% 1.77% 1.77% SU N D A Y 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% SU N D A Y 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% SU N D A Y 1.77% 1.77% 1.77% H O L ID A Y 1.77% 1.77% SU N D A Y 1.77% Checks Checks Checks Checks Checks %% prem. 2.96M .47% 16.70 .0014% ht% ht% >M% 3 % m prem. prem. prem. prem. 2.96 % 2.96% 2.96% 2.96% .47% .47% .47% .47% 16.75 16.75 16.70 16.70 .0014% .0014% .0014% .0014% >u% ■i«% 33J% S 3S@ 3S1% 331% prem. prem. prem. prem. prem. prem. 2.96% 2.96% 2.96% 2.96% 2.96% 2.96% .47% .47% .47% .47% .46% •46% 16.70 16.70 16.70 16.70 16.50 16.15 .0014% .0014% .0014% .0014% .0014% .0014% %% 7U% H% 7.4% 7««% H% prem. prem. prem. prem. prem. prem. 2.96% 2.96% 2.96% 2.96% 2.96% 2.96% .46% .46% .46% .46% .45% .45% 16.20 16.70 15.25 15.25 15.20 15.20 .0014% .0014% .0014% .0014% .0014% .0014% hi% ht% "•4% prem. prem. prem. 2.96% 2.96% 2.96% .44% .44% .45% 15.00 14.75 14.70 .0014% .0014% .0014% H% a% prem. prem. 2.96% 2.96% .45% .45% 14.60 14.00 .0014% .0014% hs% prem. 2.96% .45% 13.75 .0014% Bolivia Boliviano Colom bia Ecuad or Uruguay Dollars Sucre Peso 1/Portu- Vene zuela Bolivar ♦Chile Peso zPeru Libra gal Escudo Checks Checks SUN 5.13 HOLI 5.13 5.13 5.13 5.15 SUN 5.13 5.13 5.13 5.14 5.14 5.14 SUN 5.14 5.14 5.14 5.14 5.14 5.14 SUN 5.14 5.14 5.14 HOLI 5.14 5.14 SUN 5.14 Checks Checks Checks Checks Checks Checks 34% .98% 22% 102.80 19 12.13 3.97 34% 34% 34% 34% .98% .98% .98% .98% 22% 22% 22% 22% 103.00 103.10 102.90 102.80 19 19 19 19 12.13 12.20 12.20 12.20 4.00 4.00 4.00 4.00 34% 34% 34% 34% 34% 34%. -34% 34% 34% 34% 34% 34% .98% .98% .98% .98% .98% .98% 22% 22% 22% 22% 22% 22% 102.80 102.80 102.90 102.90 102.80 102.80 19 19 19 19 19 19 12.20 12.20 12.26 12.26 12.32 12.32 4.00 4.00 4.00 3.98 3.98 3.98 .98% .98% .98% .98% .98% .98% 22% 22% 22% 22% 22% 22% 102.70 102.70 102.60 102.70 102.60 102.70 19 19% 19% 19% 19% 19% 12.32 12.50 12.32 12.26 12.26 12.26 3.98 3.98 3.98 3.98 3.98 3.97 34% 34% 34%. __ 34% 34% .98% .98% .98% 22% 22% 22% 102.70 102.40 102.70 19% 19% 19% 12.19 12.13 12.13 3.97 3.98 3.97 .98% .98% 22% 22% 102.40 102.20 19% 19% 12.25 12.25 3.98 3.98 34% .98% 22% 102.30 19% 127i« 3.98 Argentina Peso Brazil Milreis Checks Checks Checks Cables Checks 5.15 .73 2.52 % 41.26 41.36 14.94 14.99 5.15 5.15 5.15 5.15 .73 .73 73 .73 2.52% 2.52% 2.52% 2.52% 41.51 41.65 41.55 41.47 41.56 41.70 41.60 41.52 14.95 14.97 14.95 14.97 15.00 15.02 15.00 15.62 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2.52% 2.52% 2.52% 2.52% 2.52% 2.52% 41.39 41.61 41.61 41.67 41.67 41.67 41.44 41.66 41.66 41.72 41.72 41.72 15.08 15.08 15.02 14.95 14.93 14.75 15.13 15.13 15.07 15.00 14.98 14.80 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2.52% 2.52% 2.53 2.52% 2.52% 2.52% 41.67 41.79 41.75 41.67 41.65 41.63 41.72 41.84 41.80 41.72 41.70 41.68 14.71 14.32 14.20 14.45 14.33 14.33 14.76 14.37 14.25 14.50 14.38 14.38 5.15 5.15 5.15 .73 .73 .73 2.52% 2.52% 2.52% 41.63 41.59 41.45 41.68 41.64 41.50 14.16 14.12 14.12 14.21 14.17 14.17 5.15 5.15 .73 .73 2.52% 2.52% 41.43 41.43 41.48 41.48 14.16 13.95 14.21 14.00 5.15 .73 2.52% 41.39 41.44 13.89 13.94 DAY Hong Kong Dollar Shang hai Tael Y oko hama Yen Checks Turkey Checks Checks 59 " _ _ _ _ _ _ a59% 76% a77% 41%a42 Manila Pest Singa pore Dollars Bombay Rupees Checks Checks Checks 50 a50% 57 <257% 37 Cables Java Guilders Checks a37% 41 <237% <237% <237% a37% 40% <240% 40% <240% 40% <240% 40% a40% a41% d ay ' _ _ _ _ _ _ _ 58% a59% 58% a58% 58%a59 58%a59 76% a77% 75% a76% 76% a77% 76% a77% 42 <z42% 42 % o42 % 42%<z42% 42 % a42 % 50 50 50 50 a50% a50% a50% a50% 57 <257% 57% «57% 57 % <257 % 57y8a573 /s 37 37 37 37 58%a59 58%a59% 58%a59 58%a59 58%a59 58%a59 76% a77% 76% a77% 75% a76% 76% a77% 76% a77% 76% a77% 42 % a42 % 42 % a42 % 42 % a42 % 42 % o42 % 42% a42% 42 % a42 % 50 50 50 50 50 50 «50% o50% a50% a50% <250% a50% 57%<z57% 57% <257% 57 <257% 57 <257% 57% <257% 57% <<57% 37 a37% 36.85a37.15 36.85a37.15 36.85a37.15 36.85*37.15 36.85a37.15 40% <240% 40 % a40 % 40% <240% 40% <240% 40 % a40 % 40% a40% 58% a58% 58%a58% 58%a58% 58%a58% 58% a58% 58%o58% 75% a76% 75% a76% 76 a77 76 a77 76 a77 76 a77 42 % a42 % 42%o43 42% a43% 42 % a43 % 42%a43 42 % a43 % 50 50 50 50 50 50 <z50% a50% <250% a50% <250% <250% 57% <257% 57% <257% 57% <257% 57% <257% 57%a57% 57% a57% 36.85a37.15 36.85a37.15 36.85a37.15 36.85a37.15 36% c37 36% a37 40% <240% 40% a40% 40 % <240% 40% <240% 40% <240% 40% «40% d ay ___ ' _ d ay _ _ _ _ ___ ___ d ay ' 42 % a43 % 50 42% e43% 50 42 % a43 % 50 d ay a77 a78 a77 a78% 43% a43% 50 a78% 43% a44% 50 " day 58% a58% 76 58% a58% 77 58% a58% 76 58% a58% 78 58% a58% 78 ___ ___ <250% 57% <257% 36% a37 <250% 57 <257% 36% <237 <250% 57% <257% 36% <237 40% 040% 40% a40% 40% <240% a50% 57 <250% 57 <257% 36% «37 <257% 36% <237 40% a40% 40% a40% a50% 57 <257% 36% «37 40% a40% ' ... 58% a58% 77%a78 43 a437i6 50 13 N ew York Stock Exchange M O N T H L Y A N D Y E A R L Y R E C O R D 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 blackfaoed letters in the column headed “ In te r e s t P e r io d ” 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 “ f l a t ” 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 o f bonds and last page o f stocks. BONDS— PRICES AND SALES FOR NOVEMBER AND RANGE FOR THE YEAR TO DATE BONDS N. Y. STOCK EXCH AN GE. Sales in November. Par Value. U S G overnm ent S ecu rities First Liberty Loan— First 3 Ms....................... 1932-1947 J D Registered___________________ J D First 4s................. 1932-1947 J D Registered___________________ J D First 4 Ms-----------1932-1947 J D Registered___________________ J D First Second 4 Ms_____ 1932-1947 D Second Liberty Loan— Second 4s_____________ 1927-1942 M N Registered_________________ M N 8econd 4 Ms___________1927-1942 M N Registered_________________ MN Third Liberty Loan— Third 4 M s ---..........................1928 M S Registered_________________ M S Fourth Liberty Loan— Fourth 4 Ms___________1933-1938 A O Registered__________________ _ A O Treasury 4 M s ___________1947-1952 Registered___________________ Treasury 4s_____________ 1944-1954 Registered___________________ State an d C ity Securities New York City— 4 Ms________ 1960 M S M S Registered______________ _ 4 Ms Corporate stock_______ 1964 M S 4 Ms Corporate stock_______ 1966 A O 4Ms--------------.1972 A O 4Ms Corporate stock_______ 1971 J D 4 Ms Corporate stock_______ 1967 J J 4Ms Corporate stock_______ 1965 J D 4 Ms Corporate stock_______ 1963 M S 4% Corporate stock________ 1959 M N Registered___________________ M N 4% Corporate stock________ 1958 M N 4% Corporate stock.-<______ 1957 M N 4 s ............................................. 1956 M N MN Registered______________ 4 s .................................... 1955 M N 4 s . . . .............................N ov. 1936 M N 4Ms Corporate stock_______ 1957 M N 4M % Corporate stock______ 1957 M N 3M % Corporate stock______ 1954 M N 3 M s_________________ N ov. 1954 M N 3M % Corporate stock______ 1955 M N N Y State Canal 4s____________1961 4s................ 1942 4Ms Canal_________________ 1964 J 4 Ms Highway Im pt________ 1963 M S 4s Highway registered______ 1958 Virginia funded debt 2-3s_____ 1991 J J Price Jan. 2 1925. Bid. A sk. Bid. 2,486,000 100‘ 0«Sale 6,000 lOO'^Sale 5,000 101i°u......... 101 ------571.000 lOlUjiSale 5.000 24.000 1011's* 101” jj 12.000 1005°»2Sale 2.000 N ov. 30. Ask. Bid. 1 0 0 2°32No v . 100 2232N o v . 101b! N o v .27 100 2 32Nov . 0 101b! N ov. 30 1002 3iNov. 2 102*iiJune 12 101‘ biApr. 30 1022 j Sale 3 102 b! Sale 1061 32Sale 6 102 Sale 1032 °32Sale 106I43 Sale 2 1 0 2 3 32Sale 0 103 Sale 1013 3 Sale 12 10 1 2832N o v . 1 0 1 2832N o v . 1 0 6 1032N o v . 106b! N o v . 102 2532N o v . 1013 32N o v . 1 1028 N o v . 7 10114nJan. 3! 102b! N ov. 7 1011*«iJan. 1071 32Nov. 6 104i*!2Mar. 0 1061532N o v . 17 10116s2Mar. 103 2 2 N o v . 9 1001 Mar. 3 4j2 1013 b!N ov. 30 100!7uApr. 10310nTuly 103b! July 108 lssiJuly 108 July 104143iJuly 104 July 100 100M 100M 100 100S nSale J 105 55,000 105 1,000 89 1,000 97M 97M 96 M 96 M 96 M ... 97 % Sale ------ 105 M 104M Sale 105 % 104 H 105 M 89 M 87 U 88 M 87 88 % 87 88% 64 M-. 122.000 100 H Sale 82,000; 203.000 669.000 24.000 163.000 93.000 311.000 90.000 387.000 309.000 135.000 18.000 270.000 85.000 137.000 63.000 49.000 101M 102 102 98 M 106 H 103 99 107 42 M 110 99 M 94 M 96 M 12.000 97 25.000 86 M 274.000 96 M 294.000 98 M 247.000 98 M 134.000 70.000 109 % 52.000 109 H 109 207.000 99 M 9,000 101 46,000 92 329.000 98 M 246.000 99 174.000 92 % 180.000 93 Sale Sale Sale Sale Sale Sale Sale Sale 101M 102 109M Sale 102M Sale 101 Sale 109M Sale 96 M Sale 43 46 M 47 M 111 110M Sale 100 101 99 Sale Sale 100M Sale 98 % Sale Sale 97 M Sale Sale 100 M Sale 98 98 M 96 Sale 93 M Sale 102M Sale Sale 100M Sale Sale 100M Sale 110 110 Sale Sale 102 M Sale Sale Sale 93 Sale 110 110 110M 110M 103M 102M 93 M 102 % 102 % 101 % 101 % Sale Sale 93 M Sale Sale Sale Sale 99 % Oct. 100 M Jan. N o v .30 100M N ov. 101M Jan. 100 M Oct. 106M Oct. 104 M N ov. 10 104M N ov. 10 104M N ov. 104M Nov. 28 104M N ov. 28 104 M Nov. 105 N ov. 2 105 N ov. 2 104 M Sept. N ov. 10 97 H N ov. 97M N ov. 14 98 98 M Jan. 97M N ov. 4 97 M N ov. 97 M N ov. 97 % N ov. 4 97 H N ov. 98 M 97M Nov. 97 M 96M Nov. 19 96M Nov. 19 96 M Nov. 96M N ov. 2 96M N ov. S 96 M N ov. Oct. ! 96 97 M Sept. 104M N ov. i 104M N ov. 105M 104M N ov. 104M N ov. 4 104 M N ov. 105 M 104M N ov. 88 M 88M Nov. 21 88M N ov. 21 87 M Sept. 88 M 87 M Oct. 88 M 87 % N ov. 19 87M Nov. 1! 87% Nov. 102 Sept. 100M N ov. 23 100M N ov. 2c 100M Nov. 109 M Aug. 102 M July 108 M Oct. 76 M Feb. 101M M ay 5 100M Jan. 17 103 M July 7 102 M Apr. 1 103 M M ay 4 108 M July 7 107M M ay 15 108 June 4 108 M S ep t.15 100 M July 16 99 % July 6 June 16 100M June 19 100 m 100 June 17 98 M Feb. 0 98 M M ar. 2 10l 97 M Sept. 10 2 107M July 1 4 107M July 16 16. 90 M June 2 5 91 M ay 18 191 87% N ov. 19 1T03M July 1 23 101 M M ar. 23 14114M M ay 6 25 103 Feb. 15 July 9 28:114 11 76M Feb. 11 Sale Sale 102 95 % 95M 96 96 86M 96M 100 108 M 107 M 92 85M 95 M 113M 97M 89 107 M 97M 96 % 83 99M 85M 105 99 Nov. N ov. Nov. N ov. N ov. N ov. Nov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. Nov. Nov. Nov. N ov. N ov. 102 M N ov. 101 % Jan. 10 103 M Feb. 4 95 M Aug. 97 M N ov. 13 96 % O ct. 97 M N ov. 20 95 Jan. 97 M Sept. 9 94 M Jan. M ay 25 97 Oct. 9 89 81M Apr. 96 M Oct. 99 % July 21 93 M Apr. 101M Oct. 6 107 Feb. 110M Jan. 21 106M Apr. 30T09M Feb. 5 90 H July 31 96 June 5 83 % Mar. 88 M Jun!e 5 95 M N o v . 98 M July 6 108 M Mar. 115M June 12 99 H N ov. 19 95 M Jan. Sept. 88 90 M Oct. 21 Sept. 107 111M Jan. 13 94 July 98 Sept. 11 92 % Jan. 99 % N ov. 9 Apr. 80 89 H Sept. 16 95 Apr. 103 M N ov. 11 89 % Oct. 30 80 M Apr. 103 M Apr. 108M Sept. 14 1 0 0 Vs N ov. 19 95 M Jan. 100M Sale 100 102 Sale 101 % 102M Sale 101 % 103 M Sale 102M 102M 102 M 102 108M Sale 108M 102 % Sale 102 % 1 0 1 % Sale 100M 109 Sale 109 96 Sale 95M 47M 47 M Sale 110M Sale 110M 100M Sale 100M 98M 99 M Sale 100M Sale 100M 99 Sale 98M 96M 96M Sale 99 100 99M Sale 97 96 % 90 90 M 90 102 Sale 102 101M Sale 100M 101M Sale 100M 96 % Sale 96 Sale 109M 110 109M Sale 109M Nov. Nov. N ov. N ov. N ov. N ov. Nov. Nov. Nov. N ov. Nov. Nov. Nov. N ov. N ov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. Nov. Nov. Nov. 100M N ov. 102 M N ov. 102 M N ov. 104M N ov. 104 Nov. 110 Nov. 103M N ov. 102 Nov. 110 Nov. 96 % N ov. 51M N ov. N ov. 111 101M N ov. 99 M Nov. 100M N ov. 99 N ov. 98 N ov. 100M N ov. 97 M N ov. 90 % Nov. 103 M Nov. 101M N ov. 101M N ov. 96 M Nov. Nov. Nov. 100 N ov. 20 102M Feb. 20 101 % N ov. 10 103 M July 7 101H N ov. 6 103 M Feb. 11 M ay 20 101M Aug. 11 105 96 Jan. 16 104 N ov. 6 106 H Jan. 2 110 Aug. 6 101M Oct. 6 103M Jan. 0 98 H Jan. 3 103 M ay 8 106 M Mar. 10 11QM Aug. 10 93 M Aug. 26 96 % Oct. 26 40 M June 26 51M N ov. 7 109 M Jan. 5 112 Sept. 9 95 M Jan. 15 101M June 5 96 M Sept. 11 100 M June 11 99 M Jan. 8 101M June 29 94M Jan. 6 100 M ay 14 96M N ov. 30 98M Oct. 15 95 M Jan. 20 102M Sept. 22 93 M Feb. 5 100 June 19 Jan. 22 98M Oct. 16 84 103 M N ov. 10 96M Jan. 102 Oct. 22 98 M Jan. 97 H Jan. _ 101 % Oct. 23 N ov. 25 96M N ov. 24 96 109 Mar. 28 112M July 24 108 M April 4 112 July 20 109 Jan. 2 111 Jan. 9 99 M Jan. 2 105 July 20 Feb. 18 103 % M ay 14 101 92 Jan. 2 96 July 17 98 M Jan. 2 104 N ov. 7 98 M Jan. 2 103 Vs N ov. 10 93 M Jan. 4 103M Sept. 29 92 H Jan. 5 103 Oct. 15 97 % 96 M 96 % 104M 104M 87 % 87 % 87 M 64 M 100M Sale 102 Sale 102M Sale 102M Sale N ov. 9 100M N ov. 28 100M N ov. 9 101 4,000 64 M 24 24 23 20 10 30 101!*3iMay 11 101 *»!June 9 101l*3iMay 27 10114«iJime 20 Sale 1015 101M 105"' 105M 105 M 105M Sale 101M 100M 101M 100M ......... 1 0 0 M _____ 100M 101M 100M 101M 100M 104M 106M 105% 104M 106 105 106 106 105 104M 106 Sale 104 M 105 % 105 Sale 97 M 97 M ____ 97 M 98 M 2,000 101 9 993 32Nov . 21 1 9 99s43!Nov. 9 16 100lbiO ct. 29 9 lOOiW uly 30 25 19 17 15 7 24 10 1 0 0 ls32N ov. lOIM.iSale 100,4ssSale 1045lnSale 1,000 101»»jFeb. lOHbiJune 10217siJune 1021biJune | 103«3! uly 1022»3iJune 103 June Sale Sale 6.443.000 169.000 513.000 1,000 1.370.000 1,000 98 M 105 % Sale Prices. 100s3 N ov . 3 99 2 32Nov . 4 1002 biN ov. 100 2 32N ov . 4 1003 98 105 Sale Prices. biN ov. 9 9 3132l01103 993 2 100i»32 1002 32Sale 7 100 2 3jSale 4 1,000 Highest. Sale Prices. 992 3 ov . 4 !N 100‘ bjN ov. 100 3.904.000 101*»i Sale 70,000 lO li.i Sale 2.000 Lowest. Sale Prices. 9 9 I332N o v . 5 99 2*32Nov . 9 99‘ biO ct. 99 2 Sale b! 99‘biN ov. 10 99 2 32Nov. 30 991 3 N ov . 992 2Sale b 0 02 1014 3! lOO bl 1011633 100 N o v .11 100b! N ov . 19 100 8 Oct. 100 July lODbiSale 1012 s!Sale 1012 s ov . 21 1 0 1 3132N o v . 5 10110»jMar. 6 1 !N biN ov. 19 1012b2N ov. 6 100lbiOct. 1012i3 Sale 10 12032Sale 1004 2 100b! N ov. 17 1 0 1 1632N o v . 4 100b2 N ov. 103 101lfi32l023°32 101 1 0 0 223iSale 1002l32Sale 5.000 Highest. 99‘ bi Sale 1 0 0 l832Sale 16",666 101M 101M 101M 12,000 105M 105M 1,000 105M 6,000 105M 8,000 98 Lowest. 100 F oreign G overnm ent Securities 263.000 102 Sale 102 Sale Argentine Nation (Gov) 5-yr 7s 1927 F A 885.000 96 M Sale 5 f 6s o f June 1925 temp____ 1959 J D 868.000 96 M Sale Extl s f g 6sof Oct 1925 tempi 959 A O 454.000 95 M Sale 96 % Sale Sinking fund gold 6s ser A ___ 1957 M S 252.000 95 M Sale 96 M Sale External 6s ser B ____________1958 18,000 81 Vs Sale 86 M Sale Argentine (Rep) 5s o f 1909____ 1945 1,220,000; 96 M Sale Australia 5s w i ______ July 15 1955 501,000! 96 M Sale 100M Sale Austrian Govt s f 7s___________1943 174.000 109 Sale 109 M Sale Belgium 25-year ext s f 7 Ms g--1945 107.000 107 % Sale 107 M Sale 20-year sinking fund 8s_____ 1941 500.000 92 H Sale 93 M Sale 25-year ext 6 M s ____________1949 M S 527.000 87 M Sale 86 % Sale External s f 6s inter rets_____ 1955 J J 701.000 96 % Sale External s f 7s w i ___________1955 J D 72.000 111 Sale H IM 114 Bergen (Norway) s f 8s_______ 1945 M N 84.000 98 M Sale 25-year s f 6s________ ,______ 1949 A O 1,845,000 90 Sale Berlin (Germany) s f 6M s_____ 1950 A O 131.000 111 Sale 108 Sale Berne (City of) s f 8s_________ 1945 M N 82.000 97 % Sale Bogota (City) ext g 8s________ 1945 A O 475.000 92 M Sale 97 % Sale Bolivia (Republic of) s f 8s____ 1947 M N 319.000 84 85 Sale Sale Bordeaux (City of) 15-year 6s__1934 M N 703.000 96 M Sale 101M Sale Brazil (U S of) external 8s_____ 1941 J D 639.000 82 % Sale 88 M Sale Cent R y 30-year g 7s______ 1952 J D 53.000 104 M Sale 105 M Sale Sink fd 7 Ms (coffee sec).1952 flat A O 298.000 96 99 Sale Sale Buenos Aires extl 6M s________ 1955 J J Canada, Dominion of, 5s______ 1926 A O do do 5 s _______ 1931 A O 10-year gold 5M s___________1929 F A 30-year gold 5s___________2-1952 M N Carlsbad (City) 8s____________1954 J J Chile Republic exter s f 8s_____ 1941 F A External 5-year s f 8s_______ 1926 A O 20-year external s f 7s______ 1942 M N 25-year extl s f 8s gold______ 1946 M N Chile M tgeB ankofiune306M sl957 J D Chinese, Hukuang R y 5s______ 1951 J D Christiania (City) (Oslo) 8 s ___1945 A O 30-year s f 6 s _______________ 1954 M S 30-year s f 6s int c tf_____...1 9 5 5 M N Colombia (Rep) extl 6 Ms_____ 1927 A O Copenhagen 25-year s f 5 Ms_ 1944 J J _ Cordoba (Prov) Argen 7s_____ 1942 J J Cuba Rep o f 5s o f 1904_______ 1944 M S 5s ext debt Ser A o f 1914____ 1949 F A 4M8 external loan___________1949 F A 30-year s f 5 M s . . . ..................1953 J J Czechoslovak (Rep of) 8s_____ 1951 Sink fd 8s ser B _____________ 1952 External s f 7Ms Ser A ______ 1945 jjanlsh Cons Munic s f 8s A _ 1946 _ Series B sink fd 8s_________ 1946 Denmark external sink fd 8s___ 1945 20-year external gold 6s_____ 1942 Dominican Republic sink fd 5s. 1958 Custom administr 5 Ms_____ 1942 M S Dutch East Ind 25-year ext 6s. 1947 J J 40-year extl sink fd gold 6 s .. 1962 M S 30-year extl g 5 Ms____Mar 1953 M S 30-year extl gold 5 M s ..N o v 1953 M N Ask. 4.145.000 10024jjSale 60,000 100,J«jSale 17,000 100M 101 R AN G E SIN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2. 102 95 % 95 % 96 M 96 M 86 M 97 M 100 109 107 M 92 M 86 95 M 113 M 99 M 89 107 M 97 % 96 % 84 M 100 85 M 104M 99M 103 M 102M 93 M 103M 103M 102 101M Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale U3M Sale Sale Sale Sale Sale Sale Sale Sale 105M Sale Sale 102M Sale Sale Sale Sale Sale 103 M Nov. 102 M Nov. 93 M Nov. 102M N ov. 102M Nov. 101 Vs Nov. 101M Nov. 97 M 97 X 97 96 % 87 97 % 101 M 109M 108 94 M 86 H 96 % 114M 99 M 90 108M 98 99 % 85 M 103 M 88 M 105 M 100M 104 103 % 93 M 104 103 M 102% 102M Nov. Nov. Nov. Nov. Nov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. N ov. N ov. Nov. N ov. Nov. N ov. D ec., 1925.] BONDS N. 7 . STOCK EXCHANGE. g-S f is F oreign G ov’t Securities— (Concl. > French Repub 25-year ext 8s_1945 M S 20-year external loan 74*s_ 1941 J D _ External 7s o f 1924 ________ 1949 J D Finnish man loan 6 4*a A ____ 1954 A O Extl 64*s Ser B ................... .1954 A O Finland (Rep of) exter 6s_____1945 M S External sinking fund 7s___ 1950 M S German ext’l loan 7s_________ 1949 A O German Cent Agric Bank 7s_ 1950 M S _ Grt Brit & Ire., 20-yearJ54*s-1937 F A Registered___________________ F A 10-year conv 5 Ms__________ 1929 F A Registered___________________ Greater Prague 74*s o f 1922...1952 M N Greek Govt 7s interim rets____ 1964 M N Haiti (Rep of) Oust s f 6s_____ 1952 A O Hungary (King of) s f 74*a___1944 F A Indus Bk o f Japan 6% notes_1927 F A Italy (Kingdom) external 7s___ 1951 J D Japanese G ovt sterling In 4s_1931 J J Ext s f 64*s............ 1954 F A Oriental Development 6s____ 1953 M S Lyons (City of) 15-year 6s____ 1934 M N Sales in November. Par Value. 263.000 92.000 162.000 181,000 172.000 872.000 187.000 1,292,000 71.000 255.000 17.000 214.000 155.000 899.000 60.000 66,000 68,000 114.000 160.000 143.000 62,000 34.000 62.000 158.000 253.000 304.000 641.000 58.000 125.000 281.000 197.000 151.000 70.000 41.000 85.000 61.000 252,000 29,000 90 88 M 92 895* 985* Sale Sale Sale Sale 99 82 4* 904* 844* 85 Sale Sale Sale Sale 84 18 Sale 20 39 334* Sale' N ov. 30. A sk. Bid. 1024* Sale 102 984* Sale Sale Sale 904* 904* 874* Sale Sale 97 1014* Sale 954* Sale Sale 105 85 294* 294* 46 434* Sale 294* Sale Sale Sale 264* 274* 27 Sale 22 419.000 557.000 64.000 105.000 178.000 89 67.000 104 260.000 100 M 1124* 248.000 984* 284.000 98 141.000 974* 620.000 234* 33 334* 29 454* 334* Sale Sale Sale Sale 1004* 1004* 1004* 954* 1034* 1014* 704* 904* 984* 944* 1094* Sale 1114* 1014* Sale 1044* 95 974* Sale 974* 93 Sale 974* 1004* 1004* 1034* 1034* Sale 105 994* Sale 1014* 101 Sale 103 4* 1004* 884* 904* 84 1054* 234* 24 254* Sale 294* 304* 264* 424* 43 964* 1074* 1034* 294* Sale Sale 45 Sale Sale Sale Sale N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 11 25 16 18 2 28 23 24 25 984* 904* 91 91 884* 984* 1024* 97 1054* 93 85 96 96 994* 944* 824* 924* 844* 824* N ov. N ov. Nov. N ov. N ov. Nov. N ov. Nov. N ov. Nov. 944* 87 97 974* 100 94 4* 834* 93 864* 854* N ov. 11 435* Nov. 2 N ov. 13 N ov. 27 42 234* N ov. 11 27 102 Nov. 1015* N ov. N ov. 7 102 N ov. 25 964* Sale Sale Sale Sale 99 1124* 105 98 Sale Sale Sale 106 101 101 674* 884* 984* 110 1044* 974* 974* 965* 1035* 105 101 103 1004* 86 4* 904* 83 104 1015* 1164* 102 4* 664* 100 108M 1074* Nov. N ov. Nov. N ov. Nov. Nov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. Nov. 1024* Sale 69 Sale Sale 1114* Sale Sale Sale Sale Sale 102 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 100 Sale Sale 844* 844* 814* 844* 814* 834* 85 82 4* 84 844* 84 8 3 4 * ------- 83 4* 984* Sale 99 4* 83 4* 87 85 4* 874* 88 87 4* 94 94M 94 834* 834* Sale Sale 82 M Sale 85 Sale 864* 88 M 1024* 984* 964* 984* 102 4* 102 4* 103 4* 844* 914* 914* 92 Sale 1064* 1064* Sale 944* Sale Sale Sale 89 79 75 78 4* 66 644* 654* Sale 76 J* 764* 1004* 994* 100M 884* Sale Sale Sale Sale Sale Sale 864* Sale Sale 97 73 73 4* 604* 644* 934* 944* 11 11 6 28 23 2 11 324* 29 454* 46 974* 1074* 104 N ov. N ov. N ov. N ov. N ov. N ov. N ov. 90 874* 944* 93 102 1034* 104 864* N ov. 964* N ov. 73 N ov. 884* 98 74M 934* Nov 904* Nov. 944* 904* 884* Sale Sale 1014* Sale 864* 705* 924* 100 4* 855* N ov. N ov. N ov. N ov. N ov. 884* 75 92M 102 874* Sale 103 Sale Sale Sale Sale 965* Sale 1005* N ov. 1024* N ov. 934* N ov. 984* N ov. 115 N ov. 117 N ov. 964* Nov. 80 N ov. 1005* 1034* 935* 98 5* 1154* 1174* 964* 81 100 4* 1024* 934* 984* 1154* 1174* 964* 804* 101 102 4* 934* Sale 1154* 1174* 965* Sale 1005* 1024* 934* 985* 1154* 117 4* 964* 804* Sale Prices. 5 2 2 2 2 10 5 N o v .20 N ov. 16 Nov. 9 N ov. 2 2 2 19 5 16 21 13 16 11 30 4 13 30 19 6 17 9 11 16 4 26 23 9 10 Apr. 15 106 Apr. 11 1014* Apr. 13 934* M ay 11 924* Apr. 3 92 M Apr. 6 894* Aug. 6 984* Apr. 27 1024* Sept. 16 974* Oct. 2 1074* Oct. 9 105 Mar. 3 119 Mar. 24 117M Mar. 31 954* Apr. 9 884* Jan. 8 97 Apr. 21 98M Aug. 11 100 Nov. 20 944* Mar. 27 844* Mar. 31 95 Mar. 30 875* Apr. 13 895* 884* 87 924* 914* 1014* 102 4* 1024* Sept. 12 Oct. 1 N ov. 12 Jan. 20 Sept. 30 Oct. 30 M ay 1 Oct. 26 Oct. 30 Jan. 12 M ay 9 Oct. 26 Oct. 30 Oct. 29 Oct. 30 N ov. 2 Oct. 22 Aug. 25 M ay 16 Jan. 13 N ov. 20 Oct. 14 N ov. 9 102 974* June 2 Apr. July Sept. M ay July Aug. Jan Apr. Mar. June Apr. June July June July July Jan Mar. Jan. Sept. Jan. Jan. Jan. Aug. 895* 304* 304* 454* 44 445* 374* 26 275* 264* 244* 264* 334* 29 46 46 974* 1094* 1044* 1134* 102 1015* 994* 974* 665* 86 94 109 101M 94 93 92 100 103 97 100 99M 824* 84 82 103 984* 113 984* 644* 97 1064* 1074* June Apr. Aug. Aug. Apr. Jan. Jan. Apr. Apr. Apr. M ay 27 June 19 Feb. 7 Apr. 21 Oct. 13 100 1125* M ay 23 107 July 31 984* June 6 N ov. 13 99 994* N ov. 16 107 4* N ov. 11 1064* June 17 102 Aug. 18 1044* N ov. 13 N ov. 30 102 924* Sept. 24 92 N ov. 6 Sept. 11 88 N ov. 9 106 103 4* Sept. 9 1174* Oct. 13 1045* M ay 27 684* June 19 1015* June 13 112 N ov. 9 1114* Feb. 3 Mar. Jan. Mar. Mar. Apr. Apr. Apr. Apr. Apr. Jan. Mar. Jan. Apr. Jan. Jan. July 13 855* Jan. 13 854* Jan. 13 894* Jan. 30 855* Jan. 13 100 Jan. 23 1024* Oct. 20 1005* Jan. 995* Jan. N ov. 27 835* Jan. N ov. 13 955* July N ov. 27 684* Jan. 605* Jan. N ov. 6 924* Jan. N ov. 12 904* July 77 Sept, N ov. 12 85 Jan. N ov. 19 67 Jan. N ov. 30 92 Sept. N ov. 9 995* Oct. N ov. 6 805* Apr. 82 Apr. N ov. 30 995* Jan. N ov. 17 1004* Jan. N ov. 20 934* Oct. N ov. 1 985* Oct. N ov. 21 1144* Aug. N ov. 4 116 Jan. N ov. 10 964* Oct. N ov. 13 79 Jan. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Aug. 25 Jan. 14 S ept.24 June 5 June 5 June 15 N ov. 5 Oct. 21 Oct. 21 M ay 20 Mar. 9 Oct. 3 M ay 16 July 2 Jan. 13 Aug. 28 Oct. 26 M ay 19 N ov. 20 June 10 June 10 Oct. 2 Sept. 22 80 16 164* 38 31 354* 35 194* 184* 195* 20 204* 22 195* 33 344* 88 1025* 1004* 1095* 974* 974* 974* 94 104 103 79 96 102 1005* Feb. 1015* 1005* N ov. 5 1005* N ov. 5 100M Sept. 844* 834* N ov. 30 834* N ov. 30 81 4* Sept. 84 814* Feb. 944* 92 N ov. 24 934* N ov. 6 90 Aug. 77 N o v .28 634* Apr. 754* N ov. 17 77 Nov. 924* 88 N ov. 2 894* N ov. 13 88 84 Aug. 905* 85 N ov. 27 814* Jan. 84 N ov. 85 Nov. 844* 82 N ov. 82 N ov. 25 82 854* 83 4* N ov. 854* N ov. 27 824* Aug. 82 N ov. 26 794* Apr. 80 N ov. 82 85 844* N ov. 844* N ov. 20 815* Jan. 854* 84 N ov. 854* N ov. 16 814* Jan. Aug. 844* 834* N ov. 844* N ov. 11 81 100 984* N ov. 994* N ov. 26 98 Jan. 875* 854* N ov. 854* N ov. 16 835* Oct. 89 874* N ov. 87 5* N ov. 5 86 Jan. Mar. 955* 94 N ov. 944* N ov. 7 92 N ov. 24 874* Aug. 10 925* 884* N ov. 894* 103 1024* Mar. 95 Feb. 984* 1035* 103 N ov. 16 1014* Aug. 102 4* N ov. 5 854* M ay 854* 944* 904* N ov. 924* N ov. 23 89 Jan. 108 N ov. 2 1055* Mar 106 N ov. 108 95 934* N ov. 944* N ov. 13 904* Jan. 894* 88 M N ov. 89 4* N ov. 14 854* Aug. 80 78 N ov. 784* N ov. 5 76 5* Jan. 704* 614* N ov. 655* N ov. 5 614* N ov. 80 N ov. 12 75'»< Jan. 77 764* N ov. 1004* 100 N ov. 100 N ov. 20 985* Mar Sale Sale Sale 624* 944* 95 87 Sale 94 101 Sale Nov. N ov. N ov. Nov. N ov. Nov. N ov. Nov. Nov. N ov. Nov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. 102 N ov. 89 N ov. 92 N ov. 86 106 N ov. N ov. 103 117 N ov. 1034* N ov. 67 4* N ov. N ov. 101 N ov. 112 109 N ov. Sale ____ Sale Sale Sale Sale Sale 77 M 864* 714* 914* 1004* 86 M N ov. 2 1034* 102 704* 904* 100 1124* 107 994* 99 994* 1074* 1064* 102 1044* 894* 87 93 4* 92 4* 1015* 103 4* 1034* 884* 974* 73 5* 605* 934* 905* 77 4* 88 73 M 92 4* 1005* 86M N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Highest. Sale Prices. 985* 21 93 2 86 5 855* 5 854* 28 834* 5 93 4* 5 915* 9 934* 10 104 1035* 4 1154* 1154* 6 89 2 83 9 914* 9 87 2 984* 20 944* 6 81 5 90 6 83 M 2 805* N ov. 25 854* Nov. 5 N ov. 12 294* N ov. 12 N ov. 9 304* Nov. 12 1004* 1004* 1004* 954* 1014* 68 89 984* 110 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 1174* N ov. 5 118M N ov. Sale 1004* Sale Sale' 1004* Sale Sale Sale 101 Sale 95 M Sale 1004*------- 1004* 1024* 1004*------- 1004*-----82 4 * ------- 83 4* Sale 804* 85 804* 85 92 94 92 4* 934* 76 764* 76 4* Sale 884* Sale 894* Sale 93 914* 101 J* 102 4* 1024* 964* 88 904* 904* 874* 96 1004* 944* 1044* N ov. Nov. Nov. N ov. N ov. N ov. N ov. 101 Lowest. Highest. Sale Prices. Sale Prices. N ov. 18 101 Nov. 9 103 82 4* 844* Sale 274* 294* 284* 274* 44 ____ 40 414* Sale 404* 974* 984* 97 104 107 102 101 Sale 103 4* Sale 1014* Sale 884* Sale 914* 854* 844* Sale 1044* Sale 102 102 1164* Sale 1164* 103 Sale 1034* 67 674* 664* 97 1004* Sale 1104* Sale 110 108 1084* 108 1024* 964* 1024* 844* 904* 108 94 884* 78 644* 764* 994* Lowest. 28 244* 43 414* 954* 106'4* 1034* 974* Sale 1064* Sale 1034* Sale 1004* Sale 994* Sale 73 Sale 1,000 994* 1004* 25.000 1004* 1004* 27.000 64.000 94.000 1154* Sale 51.000 1164* Sale 18.000 453,000 794* Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 23 6,000 1004* 102 1,000 101 . . . 824* 824* 10,000 834* 85 92 42,000 91 644* 560,000 64 884* Sale 81,000 82 824* 1,000 79 M 66,000 824* Sale 4.000 5.000 794* 824* 88,000 814* Sale 4.000 814* 19.000 804* 99 15.000 974* 1.000 834* 844* 874* 8,000 86 92 924* 30.000 884* 894* 1014* 964* 96 M 60,000 102 4* 1024* 8 8 ,0 0 0 824* 894* 894* 78.000 1074* Sale 66.000 91 914* 109.000 86 864* 11,000 77 13,000 764* 63 7.000 624* 774* 74 1.000 984* 99 293.000 864* Sale 4,000 844?* 854* 569.000 894* Sale 321.000 854* Sale 417.000 1004* Sale 354.000 1034* Sale 404.000 1014* Sale 994* 100 178.000 834* Sale 698.000 132.000 684* 694* 5 8 4 * ------2,000 924* 934* 1,000 90 ------764* 80 9.000 85 86 25.000 654* 674* 1.000 914* 93 16.000 102 ----105,000 88 M Sale Ask. 934* Sale 86 Sale 964* Sale 964* Sale 100 Sale 944* Sale 834* Sale 83 4* Sale 924* Sale 924* Sale 86 864* 844* 854* Sale 85 84 M Sale 94 87 964* 964* 100 20 8 i$ 1 984* 894* 904* 91 884* 96 1014* 954* 1044* 1184* 1184* 118 162,000 Sale Sale Sale Sale Sale Sale Sale RAN GE SIN CE J A N . 1. PRICES I N NOVEM BER. N ov. 2. Ask. Bid. 319,000 116M Sale D Panama (Rep) 30-yr s f 54*s_1953 Peru (Rep) ext) 8s___________ 1944 A O Poland (Rep of) g 6s_________ 1940 A O External s f 8s interim ctfs_1950 J J Porto Alegre (City of) 8s______1962 J D Queensland State ext s f 7s___ 1941 A O 25-year extl 6s_____________ 1947 F A Rio Grande Do Sul extl 8s___ 1946 A O Rio de Janeiro 25-yr s f 8s____ 1946 A O 25-year extl s f 8s__________ 1947 A O Rotterdam (City) ext 6s______1964 M N El Salvador (Rep) 8s_________ 1948 J J San Paulo (City) s f 8s_______1952 M N San Paulo (State) ext s f 8s__ 1936 J J External s f 8s temp c tfs___ 1950 J J Seine Dept (France) 20-yr 7 s ..1942 J J Serbs, Croats & Slovenes 8s_ 1962 M N _ Solssons (City) 15-yr g 6s_____1936 M N Sweden (Kingd) 20-yr 6s______1939 J D Extl g 5 4 * s .............. 1954 M N Swiss Confederation s f 8s_____1940 J J Switzerland (Govt) ext 54*s_ 1946 A O _ Tokyo City loan o f 1912 5s___ 1952 M S Trondhjem (City) ext 6 4*s___ 1944 J J Uruguay (Rep) external 8s___ 1946 F A Zurich (City of) s f 8s________ 1945 A O Balt & Ohio 1st g 4s_____ July 1948 A O Registered_______ ____________ Convert 44*s_______________ 1933 &sJ Refund & gen 5s ser A ______ 1995 J D 1st gold 5s int ctfs---------------1948 A O 10-year 6s__________________ 1929 J J R ef and gen 6s, series O ___ 1995 J D Pitts Jet & M D 1st g 34*S-_1925 M N P L E & W Va Sys ref g 4 s ..1941 M N Southw Div 1st 5s___________1950 J J Tol Cin Div 1st & ref 4s____1959 Battle Creek & Sturgis gu 3 s ..1989 Beech Creek 1st gu 4s-------------1936 Registered_____________________ Beech Creek ext 1st g 3M s____ 1951 Big Sandy R y 1st 4s---------------- 1944 Boston & N Y Air Line 1st 4s. .1955 Brunsw & Western 1st gu g 4 s . . ’38 Buff Roch & Pitts gen 5s--------- 1937 M S Consol 44*s-------------------------1957 M N Registered___________________ M N Burl Ced Rap & Nor 1st 5s____1934 A O Canada Sou con gu 5s-------------1962 A O Canadian N at 4 M s _ Sept. 15 1954 M S _ 5-year gold 4M s____Feb. 15 1930 F A Canadian No deb s f 7s— ____1940 J D 25-year deb s f 64*s g --------- 1946 J J 10-year gold 44*s— Feb. 15 1935 F A Canadian Pac 4% deb s t o c k .._____ J J 1925. 1.705.000 103 4* Sale 1.269.000 984* Sale 2.750.000 915* Sale Sale 99.000 91 Sale 45.000 91 81.000 854* Sale 425.000 2.788.000 93 5* Sale 1.266.000 545.000 105 Sale 227.000 25.000 78.000 R ailroad B onds Ala Qt Sou 1st cons 5s A ______1943 J D Ala Midland 1st gu g 5s_______ 1928 M N Alb & Susq conv 3 j* s________ 1946 A O Allegh & West 1st g gu 4s____ 1998 A O Alleg Valley gen gu g 4s_______1942 M S Ann Arbor 1st g 4s_______ July 1995 Q J Atch Top & S F gen g 4s______ 1995 A O Registered-------------------------- 1995 A O Adjustment g 4s_______July 1995 N o v Registered_________________ N ov Stamped____________July 1995 M N Registered_________________ M N Conv g 4s o f 1909.................. 1955 J D Conv g 4s o f 1905.................. 1955 J D Conv g 4s o f 1910.................. 1960 J D East Okla div 1st g 4s_____ 1928 M S Rocky M t div 1st 4s A _____ 1965 J J Short Line 1st 4s gold______1958 J J Cal-Ariz 1st & ref 44*s____ 1962 M S Atl .Knox & Cln div g 4s______1955,M N . . . ---_ Atl Knox & No 1st g 6s______ 1946 j d Atl & Char A L 1st 4M s A ____1944 J J 1st 30-year 5s ser B ________ 1944 I J Atlantic City 1st cons g 4s____1951 J J Atl Coast L 1st cons 4s____July 1952 M S 10-year secured 7s__________1930 M N General unified 4 4*s________ 1964 J D L & N collat gold 4s_____Oct 1952 M N Atl& Danville 1st g 4s________ 1948 J J Second 4s__________________ 1948 J J Atl Sc Yadkin 1st gu g 4s______ 1949 A O Austin & N W 1st g 5s________ 1941 J J Price Jan. 2 Bid. Marseilles (City) 15-yr 6s_____ 1934 M N Mexican Irrig 44*s____________1943 Assenting s f 44*s___________1943 Mexico (U S) extl 5s o f 1899£--1945 Q 'j Assenting 5s o f 1899________ 1945 Assenting 5s large_______________ Assenting 5s small______________ Gold debt 4s o f 1904_________1954 J D Assenting 4s o f 1904______ Assenting 4s o f 1904 large. Assenting 4s o f 1904 small Assenting 4s o f 1910____________ J J Assenting 4s o f 1910 large_______ Assenting 4s o f 1910 small______ Treas 6s o f 1913 assent (large) ’33 J J Small______________________________ Montevideo s f g 7s__________ 1952 J D Netherlands s f 6s Flat________ 1972 M S 30-yr ext s f 6s____________ 1954 A O Norway ext s f 8s____________ 1940 A O 20 yr extl s f 6s____________ 1943 F A 20-yr extl s f 6 s .....................1944 F A 30-yr extl s f 6s____________ 1952 A O 40-year s f 5 Ms temp_______1965 J D 13 BONDS—STOCK EXCHANGE RECORD July 13 Apr. 17 June 9 A u g .21 June 11 July 23 M ay 14 M ay 13 June 15 Oct. 31 May 25 Sept. 23 June 3 N ov. 16 N ov. 11 Apr. 29 June 5 June 5 July 2 M ay 27 Apr. 23 M ay 25 M ay 13 M ay 26 Apr. 28 Feb. 11 June 18 June 10 Apr. 22 Mar. 19 M ay 19 July 8 924* M ay 5 904* M ay 13 95 M ay 23 93 N ov. 30 104 M ay 5 1044* M ay 28 1045* M ay 14 995* Jan. 14 904* M ay 6 994* M ay 15 80 M ay 20 625* M ay 20 944* N ov. 6 914* Oct. 2 814* Mar. 11 884* July 15 75 Sept. 14 94 M ay 22 1024* Apr. 29 884* Jan. 2 854* Mar. 9 101 Sept. 25 1034* M ay 18 965*|Sept. 9 99 Sept. 11 1175* July 15 1185* M ay 12 964* N ov. 10 81 June 1 14 Interest Period BONDS—STOCK EXCHANGE RECORD BONDS N. Y. STOCK EXCHANGE. Sales in November. Par Value. $ 2M f 1 ,0 0 0 9,000 J J ij n 28,000 1J E 45,000 J E 1 ,0 0 0 IJ D 4,000 38,000 J .1 O O Reorg 1st con g 4 H a . 1M S F A 5,000 MN 45,000 MN 1C 36,000 J D A O 67,000 Chat ! R S J 1) 1 ,0 0 0 J J 5,000 J J 8 ,0 0 0 MN 1 0 ,0 0 0 J J Registered________________ 17,000 Q J Cent Pac 1st ref gu g 4s______ 2 2 1 ,0 0 0 F A M tg gu g 3 J4s-------------- Aug 1929 J D 138,000 Through St L 1st gu g 4s____1954 J J 75,000 946,000 F A A O Ohes & O gen fnd & imp 5s_ _ 18,000 J J 36,000 MN MN 1 ,0 0 0 216,000 M S Registered. F A 413,000 F A A O 4,339,000 Registered. 1 ,0 0 0 A O 6 ,0 0 0 J J J J R & A Div 1st con g 4s______ 3,000 J J R & A Div 2d con gold 4s___ 9,000 J J M S Registered__________________ Ctfs of dep stmpd Apr ’25 lnt._ Certif deposit stpd Oct 1925 int. Ihic & Alt Ry 1st lien g 3>$s___195 Otfs dep coup Jan 1923 on_____ J J J .T J J MN Registered . M tv M S Registered___________________ M S 1st & ref 5s Ser A ___________ 1971 F A Chicago City & Conn Ry 5s_ _ A O A O Chic & E 111 (new co) gen 5s_ 1951 M N _ MN M S J J J J J J MN J J J J .T J J D J J Certificates o f deposit__________ Chic M il & S t P gen g 4s.M ay 1989 J J J J J J Registered . J J A O Certificates o f deposit________ A O Gen ref conv Ser B 5s. _Jan 2014 F A Certificates o f deposit________ F A 1st sec gold 6s______________1934 J J J D Certificates o f deposit . J D 4s J D Certificates o f deposit. J J Certificates o f deposit. ■ J T • J T F A F A General gold 334s___________1987 M N Registered___________________ M N General 4s_________________ 1987 M N Stamped non-payt inc tax. 1987 M T V General 5s stamped________ 1987 M N Sinking fund 6s_______ 1879-1929 A O R egistered_________ 1879-1929 A O Sinking fund 5s_______ 1879-1929 A O Registered_________ 1879-1929 A O Sinking fund deb 5s________ 1933 M N Registered______________ M N J D 15-year secured 634s________ 1936 M S 1st & ref g 5s-------------- M ay 2037 J D Ohic R I & Pacific gen g 4s____ 1988 J J Registered_______________ 1988 J .T Refunding gold 4s___________1934 A O Registered___________________ A O Chic S t L & N O gold 5a .............1951 J D Registered_______________ 1951 J D Gold 334s_____________ 1951 J D t Memphis D iv 1st g 4s______ 1951 • n Registered___________________ J D Ch St L & P cons g 5s__________1932 A O A O Registered________________ J D J D Debenture 5s___________ 1930 M 8 Stamped________________ Chic T H & S’east 1st 5s______ 1960 ,T D l Income guar 5s______ Dec 1 M S Ohic Un Sta 1st gu 434s A ____1963 J J let 5s Series B ______________ 1963 J J Guaranteed gold 5s__________1944 J D 1st 634 s Series O __ ;________ 1963 J J Ohic & W I gen g 6s______ Dec 1932 Q M Consol 50-year 4s___________1952 .T J 1st & ref 534 s series A ______ 1962 M S Ohoc Okl & G consol 5s_______ 1952 M N Oin Ham & Day 2d g 434s_____1937 J J Oin I St L & O 1st 4s.........Aug 1936 Q F R eg istered ___________ Aug 1936 O F Oin L & N 1st con gu g 4s_____ 1942 M N Cm S & Cl cons ist g 5s_______ 1928 J .! O O C & St L gen g 4s________ 1993 J D 20-year debenture 4 }4a _____ 1931 J J Gen 5s Series B _____________ 1993 J D Ref & imp 6s Series A _______ 1929 .T J R ef & imp 6s Series O _______ 1941 J J Ref & imp 5s Ser D ________ 1963 J J Cairo Div 1st gold 4s_______ 1939 J .T Gin W & M Div 1st g 4s____1991 .1 J St L Div 1st coll trust g 4 s ..1990 M N Registered___________________ M N Sp & Col D iv 1st g 4s_______ 1940 M S W W Val Div 1st g 4s______ 1940 T J Olev Col O & Ind 6s________ 1934 J J 3,000 A O A O 26,000 305,000 16,000 18,000 40,000 109,000 129,000 1 ,0 0 0 1 0 1 ,0 0 0 62,000 367,000 8 ,0 0 0 783,000 15,000 2 0 ,0 0 0 14,000 5,000 1 1 ,0 0 0 419,000 64,000 607,000 15,000 114,000 1,700.000 495,000 1,911,000 198,000 268,000 2,531,000 347,000 2,728,000 194,000 1 ,2 0 1 ,0 0 0 537,000 2 ,0 0 0 19,000 Price Jan. 2 1925. Bid. 92 82 10034 106J4 6234 Sale 60 34 62 34 5834 45 34 4534 8134 8834 9934 9734 8734 ------Sale Sale Sale Sale Sale ------8834 55 Sale 56 53 57 9934 5934 7634 5434 9534 97 34 73 34 7034 28,000 8334 50,000 83 34 18,000 103 34 2 ,0 0 0 1 ,0 0 0 6 ,0 0 0 61,000 74,000 71,000 5,000 821,000 65 6134 6034 51 4834 8234 91 34 9934 6234 - 53 5134 5234 52 34 Sale 10434 Sale 5234 53 Sale 5234 5134 Sale 5234 53 9634 9934 99 34 10034 9834 7534 7334 ------8334 8334 8334 85 10434 10234 10434 103 34 10134 1 2 ,0 0 0 1 ,0 0 0 2 ,0 0 0 8534 9734 78 79 59 60 34 9134 Sale 7634 Sale 9934 93 34 9034 8634 8734 99 34 8334 96 101 94 9234 Sale Sale Sale 101 Sale Sale : Sale 470,000 95 8934 9034 17,000 8034 6,000 8134 83 63,000 30,000 2 ,0 0 0 6 9 ,0 0 0 8 ,0 0 0 1,0 0 0 1.555 Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 8734 6434 N ov. 7 65 N o v .14 61 4834 48 8234 91 9934 N ov. 6 62 N ov. 23 58 N ov. 9 49 N ov. 9 8334 Nov. 9 9234 N ov. 23 9934 N o v .20 Nov. 2 N o v .30 Nov. 21 N ov. 16 N ov. 11 9134 8834 8834 102 51 N ov. Nov. N ov. Nov. 8934 8834 10234 54 N ov. N ov. N ov. N ov. 7334 101 6134 11034 Nov. Nov. Nov. Nov. 75 10134 6434 111 N ov. 14 N ov. N ov. 14 N o v .20 10234 5234 10634 Sale 10134 Sale 9134 8834 27 12 13 2 87 N ov. 6 9134 N ov. 24 9134 9034 92 Sale 103 10334 10234 N ov. 10 10334 N ov. 20 ------9434 Sale Sale Sale ------8934 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 9934 76 8634 Q9 5334 5234 81 69 8934 5434 54 54 53 34 10534 5334 53 34 54 54 53 34 53 34 993$ 10034 99 34 7334 8734 8634 9434 ’ 5 4 " 5034 54 5034 Sale 7934 7034 68 34 Sale 8834 52 34 Nov. 5134 Nov. 5234 Nov. 5134 Nov. 10434 Nov. Sale 5134 Nov. Sale 5234 N ov. Sale 5134 N ov. Sale 513-4 Nov. Sale 5134 Nov. Sale 5134 Nov. 99 34 9934 Nov. Sale 10034 Nov. 100 9934 Nov. 7534 73 34 N ov. Sale 8334 8434 8334 8434 85 Sale 10234 105 10434 10334 Sale 10034 101 10034 10034 10034 1003 10034 10734 107 34 Sale Sale 11134 Sale 9834 9834 Sale 8434 8434 Sale 83 8634 Sale Sale 8634 Sale 8534 8234 10334 10034 10334 9234 9634 95 34 86 8134 9334 102 34 10034 11734 10534 7834 9834 101 96 93 9134 8734 10134 83 34 97 34 100 34 10334 106 9734 90 8034 8334 8534 8234 10134 10034 Sale 10354 94 9234 9634 9734 9634 97 34 87 8734 Sale 8234 94 93 54 Sale 102 Sale 100 118 11734 10534 Sale 8034 Sale 100 10034 96 94 34 9334 9234 9034 Sale 87 34 Sale 100 34 84 8434 98 97 10134 Sale 10334 10634 106 Sale 9934 92 90 Sale 91 Sale 8434 89 87 107 34 89 87 10734 N ov. N ov. N ov. N ov. N ov. N ov. N ov. Sale Sale Sale Sale 10134 . 8 ,0 0 0 Sale Sale Sale 8334 92 Sale 8934 Sale 5,000 131,000 249,000 96,000 73,000 95,000 28,000 4,000 476,000 352,000 7,000 4,000 14,000 6134 5034 49 8334 9134 9934 10234 50 106 7434 10034 6334 11134 9934 10034 10034 107 34 112 11134 Sale 9734 83 83 34 84 8234 8134 84 8634 8334 Sale 36,665 65 Sale Sale 54 10434 10634 7334 Sale 10134 10134 Sale 63 Sale 4,566 - Ask. 6334 8834 Sale 9934 10034 Sale 9934 108 7934 84 Sale 4934 8334 Sale Sale 102 1,0 0 0 6 6 ,0 0 0 12 ,0 0 0 A sk. Bid. 6334 7534 Sale 9934 ------60 Sale 110 111 9934 9934 100 8734 8534 87 9034 8734 Sale . . 10234 10334 77 78 8634 8634 ------9434 9234 95 5434 5634 5134 51 8034 73 34 Sale 70 63 34 64 8834 8234 Sale 23,000 2 2 ,0 0 0 Bid. N ov. 30. 87 Sale 83 34 8334 10034 10434 10334 10034 Nov. Nov. Nov. Nov. Nov. Nov. 16 5 4 9 9 17 5 8634 9434 5434 5434 8134 69 9034 N ov. N ov. N ov. N ov. N ov. N ov. N ov. 16 5 19 20 24 23 17 5554 5534 5534 5434 105 34 55 34 5434 55 5434 55 5434 9934 10034 99 34 7434 Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 20 27 20 19 27 20 17 19 19 19 20 12 30 20 6 8534 8434 105 10434 103 34 10134 N ov. 14 N ov. 13 N o v .17 N ov. 10 N ov. 30 N ov. 12 10034 N ov. 25 10034 N ov. 11 10734 11034 97 34 8334 83 8634 8634 10334 Nov. Nov. Nov. Nov. N ov. N ov. Nov. Nov. 108 11134 10034 8434 83 8734 8634 10334 8534 N o v .. 5 87 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 18 30 23 18 9 13 30 6 N o v .13 10134 N ov. 12 10334 N ov. 2 10434 94 98 97 34 Sale 83 Sale 10234 Sale 11734 121. R AN G E SIN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2. 94 9234 9434 9234 9334 N ov. 12 9334 N ov. 12 84 8034 82 8034 Sale 8034 N ov. 2 8034 N ov. 10 Nov. 10 10134 N ov. 9 101M 101 10234 10134 Sale 101 Sale 10734 10834 10734 N ov. 10 10834 Nov. 18 Sale 108 82% 8534 84 8634 8434 Sale 8434 Nov. 30 8434 N ov. 30 74 % 75 N 77 80 7834 77 7834 Nov. 14 78^ N ov. 14 Sale 67 64 6434 6734 N ov. 11 6734 N ov. 24 69 9 6% 9934 98 9734 10234 10134 10134 10234 N ov. 26 10334 N ov. 19 9934 100 10134 102 10234 10134 N ov. 6 10334 N ov. 20 97 9634 99 103 jSale 10334 Sale 10334 103 34 10334 Nov. 103 34 N ov. 2 99 Sale 10134 10134 10134 Sale 10134 Nov. 10234 N ov. 10 83 ____ 8534 8534 8534 8534 100 Nov. 100 9934 10034 9934 N ov. 16 101 100 ___ 101 101 Nov. 101 N ov. 20 95 96 9734 9834 9734 99 9734 N ov. 9834 N ov. 12 108 Sale 10834 10834 10834 10934 10834 Nov. 10834 N ov. 9 10734 108 10634____ 10734 N ov. 10734 N ov. 24 Sale 8734 Sale 8834 Sale 8734 Nov. 8934 N ov. 14 97 9534 Sale 9734 9634 97 9634 Nov. 9734 N ov. 9 87 X 86 34 8734 8634 Nov. 8634 8634 87 8734 N ov. 4 963 Sale 9734 Sale 9634 Nov. 9734 N ov. 30 117 117 11634 10034 Sale 10134 9934 10034 N ov. 2 10134 N ov. 14 102 Nov. 24 10234 N ov. 7 10234 10234 103 10234 10034 101 h 10134 Sale 10134 N ov. 11 10134 N ov. 11 9134 Sale 9234 Sale 8834 Sale 9134 N ov. 2 9234 N ov. 16 8634 8634 85J4 Sale 95 Sale 9734 N ov. 16 9834 N ov. 30 9734 Sale 9834 Sale Sale 11834 N ov. 6 13234 N ov. 20 10634 Sale 11934 Sale 131 12934 Sale 12934 N ov. 30 12934 N ov. 30 9734 Sale 9834 N ov. 20 9834 N ov. 20 9734 9734 79 79 81 82 8534 83 34 84 8434 N ov. 10 8434 N ov. 10 8534 8034 78 8234 83 8034 N ov. 6 8034 N ov. 16 9634 9634 9834 9634 1 ,0 0 0 1 9 ,6 6 0 Ask [V ol. 10334 N ov. 2 10334 N ov. 20 9634 Nov. 9634 Nov. 8634 Nov. 7834 Nov. 9334 N ov. 102 34 Nov. 9934 N ov. 11734 Nov. 10534 Nov. Sale 7834 Nov. Sale 9834 Nov. 10134 10034 N ov. 98 96 Nov. 9434 9334 N ov. 92 Nov. 91 87 34 Nov. 10134 10134 Nov. Sale 8334 Nov. 9 734 Nov. 101 34 Nov. 103 34 Nov. 10634 Nov. Sale 9734 Nov. 9134 9234 8034 Nov. 83 34 Nov. 89 9734 9734 8834 83 34 9434 10234 101 11754 10534 8134 100 10134 9634 93 34 92J4 87 34 10134 8434 98 10134 10334 10634 9934 N ov. 18 N ov. 17 N ov. 16 N o v .19 N ov. 10 N ov. 10 N ov. 4 N ov. 4 N ov. 19 N ov. 14 N ov. 18 N ov. 7 N ov. 25 N ov. 12 N ov. 20 N ov. 2 N ov. 2 N ov. 13 N ov. 6 N ov. 27 N ov. 2 N ov. 4 N ov. 16 8234 N ov. 18 8434 N ov. 16 N ov. 24 89 N ov. 24j 10734'N o v .'"1810734 N o v .'I I ' 93 Jan. 20 9334 M ay 7 78 Mar. 18 8334 Jan. 29 100 Apr. 4 10234 Oct. 31 10534 Jan. 10834 M ay 11 84 Jan. 8434 Oct. 31 74 % Jan. 80 M ay 11 6434 Jan. 7034 M ay 25 9734 Jan. 30 99 M ay 26 10134 Jan. 27 104 Aug. 14 9934 Jan. 5 103 34 N ov. 20 98 Apr. 23 10034 May 16 101.34 M ay 5 10434 Mar. 16 99 Jan. 2 103 M ay 25 84 Feb. 8 8634 June 20 9834 Sept. 14 100 Jan. 12 10034 Aug. 20 101 Oct. 16 95 Jan. 12 99 July 28 107 Aug. 26 110 June 1 106 Sept. 5 10834 July 14 8634 Feb. 26 90 M ay 26 9534 Jan. 23 9734 N ov. 9 8534 Aug. 12 8934 M ay 20 9634 Oct. 30 9834 Aug. 19 11234 Feb. 4 11754 Jan. 30 9854 Mar. 11 102 June 9 101 July 7 10334 Jan. 19 10034 M ay 26 10234 June 16 87 34 Jan. 3 93 June 10 9034 June 2 8534 Jan. 98 34 June 4 9434 Jan. 10134 Apr. 13234 Nov. 20 10334 Feb. 12934 Nov. 20 9934 Jan. 8 9734 Jan. 85 July 20 8234 Oct. 8134 Aug. 8534 Sept. 16 79 M ay 83 July 20 9554 M ay 25 9834 Oct. 6 6734 Oct. 28 6034 Jan. 30 6254 Oct. 28 62 N ov. 20 5834 Feb. 6 5534 Feb. 13 8634 M ay 14 9434 Apr. 28 100 Feb. 2 9934 Sept. 3 9234 M ay 5 8834 Nov. 12 10334 June 11 63 Mar. 4 10734 Feb. 4 7934 Feb. 5 10334 Oct. 26 6834 M ay 25 11234 June 20 10034 June 27 9134 N ov. 24 9234 June 26 104 M ay 28 8034 Aug. 10 8834 July 00 9434 N ov. 5 5834 Mar. 6 5434 N ov. 20 8134 N ov. 24 7034 Oct. 10 9254 June 15 8534 Sept. 16 5554 N ov. 20 5534 N ov. 27 5854 Feb. 28 54 34 N ov. 19 10534 N ov. 27 6034 Jan. 7 5434 N ov. 17 7834 Jan. 7 5434 N ov. 19 56 34 Jan. 9 5434 N ov. 20 June 11 100 10134 Sept. 10 9934 N ov. 20 M ay 22 77 7234 July 10 8634 M ay 28 8534 Sept. 26 105 June 19 10634 June 30 104 Jan. 31 100 O ct. 10134 N ov. 12 9934 M ay 10034 Jan. 30 103 Feb. 6 9934 M ay Mar. 2 101 9934 Sept. 105 Jan. 11234 Mar. 5 107 Apr. 22 11234 Jan. lO 9134 Apr. 20 102 Mar. 16 8234 Aug. 86 M ay 9 8134 July 83 34 M ay 16 8334 Jan. 8934 M ay 8 83 Oct. 8834 M ay 20 10134 Jan. 10354 N ov. 6 10134 M ay 102 34 June 23 78 Sept. 7934 Jan. 7 87 N ov. 13 83 34 Mar. 83 Sept. 83 Sept. 1 101 June 10334 N ov. 2 10034 Jan. 10034 Jan. 31 10234 Apr. 10834 Jan. 19 9234 Feb. 9354 Oct. 17 9234 M ay 10534 Apr. 3 9534 July 9934 M ay 21 75 Mar. 9034 June 17 55 Mar. 8434 June 18 9134 July 9454 M ay 15 100 Jan. 103 34 July 2 9734 Mar. 101 Oct .31 11634 Jan. 11834 Aug. 27 106 Aug. 25 10534 N ov. 7634 Jan. 8334 M ay 29 97 Aug. 10034 M ay 22 9934 Jan. 10134 N ov. 7 9334 Apr. 9634 Oct. 2 9154 Mar. 9334 Oct. 15 92 M ay 28 9034 Feb. 87 34 Jan. 8934 Feb. 2 9934 Mar. 10134 Aug. 12 8134 Feb. 8534 July 3 96 Jan. 9834 M ay 28 98 Sept. 10534 June 29 10234 Aug. 10434 June 12 10334 Mar. 107 34 Feb. 16 9434 Jan. 3 i 100 M ay 21 Apr. 7 8834 Aug. 12 91 80 Jan. 131 8234 M ay 4 8134 Mar. 23 85 M ay 15 M ay 14 8034 July 30 83 8634 Aug. 17 8934 Apr. 16 87 34 Jan. 23 8834 July 17 106 34 Aug. 12!108 Apr. 24 5934 Oct. 6034 Jan. 5634 Oct. 50 Oct. 4434 Jan. 45 Jan. 8134 Jan. 8834 Jan. 9834 June 9834 Sept. 88 34 Jan. 8834 Nov. 10034 Apr. 4534 July 10234 Oct. 7234 Aug. 9934 Jan. 59 34 Jan. 10934 Apr. 9934 Jan. 8534 Jan. 87 Feb. 101 June 7734 Jan. 8534 Sept. 93 34 Feb. 43 34 M ay 4934 Oct. 7034 Mar. 6234 Mar. 7734 Mar. 8534 Sept. 4334 Mar. 47 Aug. 4434 Mar. 4634 Aug. 9634 Mar. 44 Mar. 4634 Aug. 46 Apr. 4734 Aug. 44 M ar. 4634 Aug. 9434 Mar. 983-4 Apr. 9834 Apr. 7334 Apr. 72 Feb. 8134 Apr. 82 Apr 10034 N ov. 10334 June 103 M ay Interest Period BONDS 7 . STOCK EXCHANGE. Clev Lor & W con 1st g 5s____1933 Olev & Mar 1st gu 454s_______ 1935 Clev & Mahon Yal g 5s_______ 1938 Clev & Pitts Series A 454 s____1942 Series C 3 H s_______________ 1948 Series D ....................................1950 Clev Short Line 1st gu 454s— 1961 Clev Un Term’ls 1st a f 554s—1§72 1st s f g 5s Ser B ___________ 1973 Coal R iv R y 1st gu 4s________ 1945 Colo & Southern 1st g 4s______ 1929 Refunding & ext 454s_______ 1§35 Col & Hock Val 1st ext g 4s____1948 Col & Tol 1st ext 4s__________ 1955 Conn & Pas Rivs 1st g 4s______ 1943 Cuba R R 1st 50-yr 5s g----------- 1952 1st & refund 754s Ser A ------1936 Cuba North Rys 6s stmpd------ 1966 A O MN J J J ,T MN F A A O A O A O ,T D F A MN A O F A A O .T ,T J D J J Day & M ich 1st con 454s...........1931 Del & Hud 4s________ 1943 10-year convertible 5s--------- 1935 —1937 15-year 554s........ 10-year secured 7s___________1930 D R R & Bdge 1st gu 4s g --------1936 Den & R G 1st cons g 4s______ 1936 Consol gold 454s------------------ 1936 Improvement gold 5s_______ 1928 Denv &'Rio Gr West 5s----------- 1955 Des M & Ft D 1st gu g 4s------- 1935 Temporary ctfs o f deposit_______ Des P l’nes Val 1st gu 454s------1947 Det & M ack 1st lien g 4s_____ 1995 Gold 4s_______________ 1995 Det River Tunnel 1st 454s------ 1961 Dul Missabe & Nor gen 5s------1941 Dul & Iron Range 1st 5s--------- 1937 Dul So Shore & Atl g 5s--------- l§3t Sales in November. Par Value i Price Jan. 2 1925. Bid. 1,000 10154 9654 98J4 9754 82 1,000 83 7,000 9754 59,000 106 143,000 9954 13,000 83 54 28,000 9654 193,000 90 54 1,000 8654 8454 7854 78,000 8354 56,000 10254 123,000 .T M A M J F J J J F J 2,000 J 100,000 N 322,000 O 98,000 N 27,000 D A 729.000 J 180,000 ,T 47,000 D A 2,601,000 7,000 J 3,000 M S J 1> J 1) 34,000 MN J J 1,000 A O 13,000 J J 9654 8954 103 10154 108 9354 83 86 9554 60 41 9354 72 6654 9154 10254 10054 8754 Illinois Central 1st g 4s-----------1951 J Registered___________________ J 1st gold 354s----------------------- 1951 J Registered___________________ J Extended 1st g 354s-------------1951 A Registered____________________ A 1st gold 3s sterling-------------- 1951 M Collateral trust gold 4s-------- 1952 A Registered___________________ M N 1st refunding 4s____________1955 M N Purchased lines 354s----------- 1952 J J Registered___________________ J J Coll tr g 4s L N O & T --------- 1953 M N Registered___________________ M N Refunding 5s_______________ 1955 M N 15-year secured 554s----------- 1934 J J 15-year secured 654s----------- 1936 J J Cairo Bridge gold 4s----------- 1950 Litchfield Div 1st g 3s--------1951 Louisv Div & Ter g 3 54s------1953 Omaha Div 1st g 3s-------------1951 St. Lou Div & Term g 3s— 1951 Gold 354s________ -.1951 Springf Div 1st g 354s--------- 1951 Western Lines 1st g 4s----------1951 Registereu___________________ Ch St L & N O jt 5s A ______1963 Ind Bloomington & W 1st 4s—1940 Ind 111 & la 1st gold 4 s ............ 1950 Ind Union gen & ref 5s A _____ 1965 Gen & ref g 5s Ser B ----------- 1965 Internal & Gt Nor 1st 6s--------1952 Adj m 6s Ser A _____________ 1952 Ap 1 Stamped_____________________ Int Rys o f Cent Amer 1st 5 s_ .1972 M N t.wa Cent 1st gold 5s-------------1938 J D Certificates o f deposit-----------1st & ref 5 4s----------------------- 1951 147,000 11,000 A sk. Bid. 10054 9854 9554 97 87 8154 91 8254 97 54 9654 Sale 10554 Sale 8354 io* m Sale 98 54 Sale 9354 86 90 8454 7754 Sale 8654 Sale 103 54 Sale 9254 N ov. 30. A sk. Bid. 10154 101 9554 9854 9754 83 82 54 85 82 Sale 9754 10554 10554 10054 10054 85 8654 Sale 9854 Sale 9554 8654 8654 8554 84 7754 Sale 89 Sale Sale 9254 Sale 9854 8954 8954 9054 Sale 10554 Sale Sale Sale 103 10854 10854 109 93 54 94 Sale 8354 Sale 8654 88 Sale 9854 Sale 6254 Sale 46 Sale 46 '4754 9054 Sale 75 7054 76 7154 7054 65 Sale Sale ------- 10154------10154 10254 101 8654 8654 Sale 34,000 1,000 123,000 2,000 208,000 118,000 120,000 17,000 6,000 26,000 13.000 22.000 188,000 9.000 7.000 2.000 158.000 835.000 175,000 43.000 18.000 15,000 89 9054 8754 8254 7954 81)4 7754 64 8754 8254 8854 Sale 8854 78 8154 82 7554 84 8354 Sale 8054 10354 10354 104 10354 Sale 10254 10954 Sale 11154 8854 8754 7054 82 7154 80 7654 82 6954 72 72 54 7154 Sale 73 54 82 79 795-4 7854 82 78)4 8654 87 8654 84 9654 Sale 9954 8954 8954 89 8754 '56" 10054 9954 100 9954 Sale 10354 101 Sale 68 75 81 78 81 78 5754 8654 8154 81 ____ 81 72 Sale 7654 Sale 57 61 1954 20 R AN G E S IN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2. 92 91 8254 8354 8254 71 87 54 87 54 Sale 83)4 8254 Sale Sale Sale Sale Ask Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 10054 N ov. 11 10054 N ov. 11 10054 N ov. 11 10254 July 11 9654 Jan. 20 9854 June 19 98)4 Apr. 1 10054 July 25 99 M ay 15 9954 Apr. 16 8354 Aug. 6 8654 Apr. 24 „ 85 85 83 54 N ov. 83 54 N ov. 16 8354 Nov. 16 8554 Mar. 18 Sale 9654 N ov. 97 54 N ov. 30 9554 Apr. 8 100 June 11 N ov. 16 10454 Mar. 24 10754 M ay 7 106 10554 N ov. 107 Sale 10054 Nov. 10054 N ov. 18 9954 Jan. 28 102 M ay 12 8754 8454 N ov. 8754 N ov. 21 83)4 Jan. 16 8854 June 29 Sale 9854 N ov. 9854 N ov. 12 96 54 Jan. 7 99 June 5 Sale 9354 Nov. 9554 N ov. 30 9054 Jan. 5 §654 June 4 8654 N ov. 8654 N ov. 4 8654 Feb. 18 8654 Apr. 16 8454 Apr. 27 8454 Apr. 27 8154 Jan. 21 8154 Jan. 21 8254 Sale 8654 N ov. 2 8854 N ov. 23 8354 Jan. 2 8854 June 19 10354 N ov. 2 10554 N ov. 9 10254 Oct. 1 106 Jan. 2 92 N ov. 7 93 N ov. 30 89 Jan. 6 9354 Sept. 14 Sale '§754 Sale Sale Sale 10354 109 95 Sale 89 Sale 6 6 5 4 Sale 46 4654 48 46 9154 9354 7054 72 54 65 7154 9354 9354 93 9054 10654 103 54 10854 93 54 8554 87 54 9854 102 9854 8954 10554 103 10854 N ov. N ov. N ov. N ov. N ov. 9854 9054 109 104 109 N ov. N ov. N ov. N ov. N ov. 8354 8754 98 6154 46 46 N ov. N ov. N ov. N ov. Nov. Nov. 8554 89 9854 6854 4654 46 N ov. N ov. N ov. N ov. N ov. N ov. 92 N ov. 7 9354 N ov. 10154 N ov. 10154 102 8654 8554 N ov. 85 East R y M No Div 1st g 4s— -1948 A O 8454 8754 ------- 8254 91 3,000 9954 ------East Tenn reorg lien g 5s_____ 1938 M S 12,000 9954 ------- 10054 Bast Tenn Va & Ga div 5s____1930 J ,T 10054 25,000 10054 101 Cons 1st gold 5s------------------ 1956 M N 10054 10154 5,000 101 Sale 98 54 Elgin Jol & East 1st g 5s--------- 1941 M N 10154 19,000 El Paso & S W 1st & ref 5s------1965 A O 10254 10354 28,000 10754 Sale 108 Erie 1st con extended at 7% to 1930 vr s 10854 108 442,000 7054 Sale 73 54 7454 7454 Erie 1st con & prior 4s------------ 1996 J J 72 71 7054 Registered______________________ J .T 911,000 64 Sale 6554 Sale 1st consol gen lien g 4s------- 1996 J J 6654 5,000 Registered___________________ J J 47,000 9554 9654 Sale Penn coll trust g 4s-------------1951 F A 9654 379,000 65 Sale 50 yr conv g 4s Ser A --------- 1953 A O 6854 Sale 6854 352,000 65 Sale Do do Ser B ______ 1953 A O 6854 Sale 6754 Gen conv 4s Series D _______ 1953 A O 1,600,000 7354 Sale 78 54 Sale 8254 37,000 .10254 10454 10454 Sale 104 Erie & Jersey 1st s f 6s------------ 1955 .T J 88 85 84 Brie & P gen gu g 354s B --------- 1940 J .T 85 54 T 88 85 84 Series C ___________________ 1940 • ,T 8554 100 Fla Cent & Pen ext g 5s______ 1930 J J 10054 10054 2,000 9854 9954 100 10054 9954 Consol gold 5s______________ 1943 ,T J 16,000 9254 93 54 9354 94 94)4 Fla East Coast 1st 454s----------- 1959 J D 538,000 9354 Sale 1st & ref 5s ser A __________ 1974 M S 95 54 Sale 9654 368,000 103 Sale 16554 Sale Fla western & Nor 1st 7s------- 1934 M N 38,000 64 62 Fonda Johnst & Glov 454s------ 1952 M N 6454 6354 Sale 89 9054 Fort St U D Co 1st g 454s------1941 J J 9054 3,000 10454 Ft Worth & Denver City 554S-1961 T D 10454 10 5 " 10454 10,000 9254 Sale Ft W & Rio Gr 1st g 4s_______1928 ,T .T 9554 9554 9554 1,000 108 Frem Elk & M o V 1st 6s------- 1933 A O 10954 107 54 Sale 107 8,000 100 Gal H & San Ant M & P 1st 5S.1931 M N 10054 10054 10054 19,000 9954 100 2d guar exten 5s------------------ 1931 J J 99 54 10054 10054 42,000 9154 92 94 Galv Hous & Hend 1st 5s------- 1933 A O 9454 9354 38,000 10054 10054 103 Sale Genesee Riv R R 1st s f 6s------1957 J J 67,000 9254 Ga & Ala 1st cons 5s Oct. 1945 J J 9654 9454 95 5,000 9954 100 Ga Car & Nor 1st gu g 5s--------- 1920 J J 99 54 10054 99 54 1,000 6454 Sale Georgia Midland 1st 3s----------1946 A O 6554 6554 67 94 Gr R & I ex 1st gu g 4)4s------- 1941 J ,T 9354 9454 96 68,000 11554 Sale 11554 Sale 115 54 Grand Trunk o f Can s f 7s------1940 A O 80,000 10654 Sale 1065s Sale 10654 15-yr deb g s f 6s guar--------- 1936 M S 528,000 10954 Sale T Grt Nor— Gen 7s Series A ------1936 ■ J 11054 Sale 11054 Registered----------------------------- J J 26,000 9254 93 1st & refund 454s Ser A ------1961 J J 9054 9154 9154 113,000 10054 Sale 101 Sale 10154 T Gen mtge 554 s Ser B --------- 1952 • .T 185,000 9254 Sale Gen mtge 5s Ser C ________ 1973 J .T 9554 9554 96)4 69 75 Geen Bay & West deb ctfs A --------- Feb 7754 8054 7854 268,000 1454 Sale Debenture ctfs B ---------------------- Feb 14 1454 17 Greenbrier Ry 1st gu g 4s------- 1940 M N 86 ---- 8654 Sale 87 28,000 Gulf M ob & Nor 1st 554s------- 1950 A O 102 54 10254 17,000 9754 100 Gulf & Sh Isld ref 5s______ Feb 1952 .1 J 10354 10254 14,000 80 Harlem R & Pt Ches 1st 4s— 1954 M N 8154 8454 Sale 30,000 8954 90 Hock Val 1st con g 454s--------- 1999 ,T J 9054 9054 9054 8654 Registered_________________ 1999 J .T 8654 8354 90 5,000 9854 ------- 10054 T Houst & Tex O 1st g 5s int gu_1937 • .1 10154 Waco & N W Div 1st 6s______ 1930 M N 102 ___ 7,000 95 Hous Belt & Ter 1st 5s_______ 1937 .1 J 96 9754 9854 9554 Houst E & W Tex lst^ 5s______ 1933 M N 9 9 5 4 ------- 100 ------ 100 1st gu g 5s redeem !________ 1933 M N 100 ------ 100 9954 101 Housatonic R R con g 5s--------- 1937 M N 9254 ------435,000 87 9254 Hudson & Manhat ser A 5s------1957 F A Sale 9154 Sale Registered___________________ F 645,000 68 Sale Adjust income 5s — ___ Feb 1957 A 7454 7454 Sale . Registered___________________ A 15 BONDS—STOCK EXCHANGE RECORD Due., 1925.] 9054 87 54 82 54 7954 8154 7754 66 87 54 8654 89)4 83 54 82 8554 83 54 10454 10254 11254 9054 73 54 8054 73 73 54 8154 7854 86)4 91 9954 10154 100 10154 102 10154 10254 10854 10754 Sale 74)4 7154 Sale 6454 6454 97 96 Sale 68 6854 68 Sale 7754 Sale 103 88 10154 N ov. 87 N ov. 9854 9254 109 104 9554 8554 9054 99 70 5154 50 9354 75 6754 9454 104 103 90 N ov. 17 M ay 28 N ov. 25 N ov 11 Jan. 21 Aug. 1 M ay 26 June 13 Feb. 9 Sept. 10 June 10 M ay 28 Feb. 4 June 12 Feb. 14 M ay 18 Apr. 14 Aug. 26 Jan. 27 9054 10254 10154 103 10254 10254 10954 7454 7054 67 6754 99 6954 6954 8354 10654 8454 8454 10054 10054 96)1 9754 197 73 90 10454 98 10954 M ay 7 June 24 Oct. 23 Sept. 28 Apr. 21 Oct. 26 June 8 N ov. 14 Oct. 21 N ov. 17 Aug. 25 Aug. 19 N ov. 19 N ov. 14 N ov. 30 Apr. 17 July 15 Aug. 25 Nov. 30 N ov. § M ay 29 M ay 29 Sept. 8 Mar. 9 M ay 13 Jan. 31 July 21 Apr. 15 11 99)4 N ov. 101 101 13 9§54 Sept. 4 9054 Jan. 95 9 10054 Jan. 10554 Jan. 14 §3 10254 5 99 Aug. 10054 19 6454 Jan. 68 9254 Aug. 9654 16 11454 Aug. 117 16 10654 Jan. 10854 111 24 10854 M ay 109 Sept. 109 17 89 Aug. 93)4 16 99 54 Aug. 103 Apr. 27 92 96)4 72 Mar. 80 28 1254 Jan. 1854 86 Jan. 23 9954 Aug. 11 10§54 28 9854 Mar. 3 10454 Jan. 8; 8454 2j 80 9j 8854 Aug. 7 92 88 Mar. 19 9054 23 9954 Jan. 15 10154 10154 Oct. 30 10154 Aug. 7 99 4, 95 9954 Jan. 5 10054 9954 Jan. 16 100 9254 Jan. 95 13 8654 Jan. 94 9154 June 9154 19 6754 Jan. 7754 7554 June 75)4 July 10 Aug. 27 Apr. 2 June 20 Mar. 3 Oct. 17 Aug. 10 July 13 Apr. 21 Mar. 14 Feb. 5 Sept. 1 July 11 June 18 N ov. 27 June 22 M ay 18 June 1 N ov. 23 N ov. 28 M ay 18 June 19 M ay 20 N ov. 23 Oct. 30 M ay 23 Aug. 1 Sept. 18 Sept. 30 N ov. 13 June 10 June 4 June 24 105 10454 Nov 9554 9554 Nov 10854 10754 Nov 10454 9554 107)4 88 Jan. N ov. 7 9854 Sept. N o v .21 9954 Sept. N ov. 23 10054 Jan. N ov. 10 101 Jan. N ov. 6 9954 Jan. Jan. N ov. 11 10t N ov. 14 69 54 Aug. 6754 Mar. N ov. 17 6154 Apr. N ov. 13 58 June N ov. 2 9554 Jan. N ov. 19 6254 Apr. N ov. 14 60 Apr. N ov. 30 69 54 Apr. N ov. 6 10154 Jan. 84 Jan. 8454 Aug. N ov. 30 9954 June N ov. 9 §654 June N ov. 16 92 July Mar. N ov. 23 §3 N ov. 18 102)4 Jan. N ov. 2 6054 N ov. 8254 Aug N ov. 17 10454 Jan. N ov. 18 92 54 Jan. N ov. 2 10654 Aug. 100 54 99 54 10054 10054 9354 94 10254 95 Sale 9954 100 6654 6554 ------Sale 11554 Sale 10654 Sale 110 N ov N ov N ov N ov Nov Nov Nov 101 10054 94 10354 97 54 99)4 67 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 116 N ov. 10754 N ov. 11054 N ov. 9354 9054 Sale 101 Sale 9554 8054 Sale 14 N ov. N ov. Nov. 92 54 N ov. 102 N ov. 9654 N ov. 88 Sale 100 95 Sale Sale 10054 100 93 54 9554 164 6054 N ov. N ov. N ov. N ov. N ov. N ov. N ov. 10 100 5101 20 10254 27 10154 5 10254 18 108 5 7554 N ov. N ov. N ov. N ov. N ov. N ov. Nov. 67 64)4 9654 6954 6954 83 54 10454 N ov. Nov. N ov. N ov. N ov. N ov. 10054 100)4 9454 97)4 178 6354 N ov. 7 1754 N ov. 10254 10254 N ov. ------- 10254 N ov. 84 N ov. 91 9054 N ov. 10354 10454 84)4 91 N ov. N ov. N ov. N ov. 10254 10054 N ov. 6 10154 N ov. 9754 9654 N ov. 19 9754 N ov. ------ 10054 Sale 9154 N ov. 10 94 N ov. Sale 7354 N ov. 11 75 N ov. 9054 N ov. 4 92 92 N o v .23 81 8354 81 8354 71 Sale Sale 90 Sale 8254 Sale 8454 10554 Sale Sale N ov. 12 N ov. 23 87 54 8654 8854 8254 Nov. N ov. N ov. N ov. 84 N ov. 2 8554 N ov. 7 10354 N ov. Nov. 102 11154 N ov. 74 7254 N ov. 6 80 N ov. 6 74 7454 83 7954 N ov. 4 82 80 80 N ov. 6 90 90 8954 Sale Sale N ov. 24 89 95 95 Sale N ov. 2 8954 8954 89 100 9954 N ov. 4 9954 9954 N ov. 10 9954 Sale 102 54 Sale 10254 N ov. 27 Sale 74 N ov. 11 7454 Sale 74 7854 N ov. 2 7854 79 7854 Sale 57 N ov. 11 57)4 5754 58)4 Sale 57 N ov. 13 5854 57 58 54 1954 N ov. 11 1954 Sale 1954 20 8054 17 96 Jan. 13 88)4 Jan. 25 10154 Jan. 11 101 Jan. 18 107 Feb. 94 M ay 14 82 Jan. 19 85)4 Apr. 6 95 Jan. 14 55 Mar 16 3954 Jan. 17 4554 Apr. 93 54 Jan. 7054 Aug. 65 Apr. Apr. 18 91 Feb, 102 19 10054 Jan. 4 81 July 8754 8654 89 54 83)4 N ov. N ov. N ov. Nov. 30 30 13 19 10554 N ov. 13 103)4 N ov. 9 112)4 N ov. 24 7254 N ov. 6 81 N o v .14 8154 N ov. 19 80 N ov. 6 9954 N ov. 6 89 9954 99 54 10454 7654 N ov. N ov. N ov. N ov. Nov. 2 24 10 13 14 79 N ov. 5854 N ov. 57 5 Nov. -4 1954 N ov. 28 30 9 4 9054 9054 81 8054 81 84 62 8654 8554 8754 7854 79 83 81 10254 10154 10954 8854 70 7754 7054 7154 t9 79)4 86 84 9654 8854 8754 99 9954 100 66 67 7654 Oct. Apr. Nov. Jan. Jan. M ay Feb. Jan. Apr. Aug. Jan. Jan. Jan. Feb. Aug. Aug. Jan. Feb. Feb. Jan. Feb. Jan. Jan. Apr. Aug. Apr. Jan. Aug. Aug. Aug. Sept. Feb. Apr. Apr. Jan. 57 Jan. 57 Nov. 1954 N ov. 110 94 9354 8454 8354 8454 84 62 89 8654 9254 8454 84 )4 8554 82 10654 10354 113 9154 7354 8254 74 77 8354 8254 88 87 10054 8854 92 101 10054 10554 79 78 8054 65 6254 2654 M ay 11 July 23 Sept. 4 June 19 M ay 15 M ay 18 Feb. 11 M ay 25 N ov. 30 Apr. 20 June 1 July 17 June 9 Mar. 20 May 22 Jan. 2 July 8 Oct. 26 July 20 M ay 19 June 3 M ay 28 M ay 23 M ay 8 M ar. 19 Feb. 10 June 25 Aug. 27 June 16 Jan. 16 Jan. 3 June 2 A u g .26 Aug. 15 Feb. 26 Feb. 6 M ay 23 Feb. 26 16 [V ol. 121, BONDS—STOCK EXCHANGE RECORD Sales in November Par Value BONDS N. T . STO C K EXCHANGE. James F & Clear 1st 4s________1959 , Kal A & G R 1st gu g 5s_______1938 , Kan & M 1st gu g 4s__________ 1990 . Second 20-year 5s___________ 1927 , K C Ft S & M con g 6s________1928 ' K C Ft S & M R y ref g 4s____ 1936 . K C & M R & B l s t g u g 5s___ 1929 . Kan City South 1st g 3s______ 1950 . Ref & Imp 5s________ April 1950 , Kan City Term 1st 4s_________1960 Kentucky Central g 4s________1987 , Kentucky & Ind Term 4 % s___ 1961 4% s £100 pcs______________ Stamped__________________ Keok & Des M 1st 5s ctfs dep__1923 Ctfs dep stpd as to int__________ Knox & Ohio 1st g 6s_________ 1925 , Lake E & W 1st gold 5s_______1937 , 2d gold 5s___________________1941 Lake S h & M S g 3 % s................. 1997, Registered___________________ 1997, Debenture gold 4s__________1928 25-year gold 4s--------------------1931 jl egistered Leh Vail Harbor Term 1st 5s__ 1954 ; Leh V (N Y ) 1st gu g 4 % s------1940 , Registered________________ _ Leh Val (Pa) gen con g 4s____2003 Registered_________________ Gen cons 4 % s______________ 2003 Leh Vail R R gen 5s series_____2003 ; Leh V Ter R y 1st gu g 5s_____ 1941 Lehigh & N Y 1st gu g 4s_ 1945: _ Lex & East 1st gu 5s________ 1965 , Little Miami gen 4s ser A ____1962 : Long Dock cons gold 6s_____ 1935 Long Isl 1st cons g 5s____July 1931 1st cons gold 4s______ July 1931 Gen gold 4s_________________ 1938, Gold 4s...................... 1932 , Unified gold 4s______________ 1949; Deb gold 5s_________________ 1934, 20-year deb 5s_______________ 1937! Guar ref gold 4s_____________ 1949; N Sh Bch 1st cons gu 5s___Oct ’32 i Louisiana & Ark 1st 5s_______ 1927 Lou & Jeff Bridge gu g 4s_____ 1945 ' Louisv & Nashv gold 5s______ 1937 ] Unified gold 4s______________ 1940. Registered________________ 1940, Coll trust gold 58___________1931 10-year secured 7s____________1930i 1st & ref 5% s series A ______ 2003 . 1st & ref 5s series B _________ 2003, 1st & ref 4% s series O ______ 2003 . N O & M obile 1st g 6s______ 1930 , 2d gold 6s....................... ...1 9 3 0 Paducah & Mem Div 4s____1946 St Louis Div 2d gold 3s_____1980 L & N M ob & M 1st g 4 % s___1945 L & N-Sou Mon joint 4s______ 1952 Registered__________ July 1952 Louis Cin & Lex g 4 % s_______ 1931 S 1,000 Price Jan. 2 1925. Bid. 84% 87% 8 6% 9 9 % ------- 1 0 0 % 80 82% 8 1% Bid. Ask Lowest. N ov. 30. A sk. Bid. Sale Ask 8 7% 88% 87 88 100% 82% 8 1 % -----81% 100 % 100% Sale 100 3.000 12,000 100% 100% 100 69.000 102% 102% 102% Sale 102% Sale 174.000 80% Sale 88% 88 % 88% Sale 3.000 9 8 % ------99% 100% 99% 100 80.000 70% 70% 72% Sale 73% Sale 202.000 89 91% Sale 91 Vs Sale Sale 216,000 84 84% Sale 85% Sale Sale 80,000 8 3 % ------8 5 % -----85 25.000 77% . . . . 88 7 A 5.000 6 .0 0 0 7 7% '85 89% 84% 84% 88% 82 81% 82 100% 101% 32.000 99% 100% 100% Sale 100% Sale 25.000 95 97 ____ 96% 9 6 % ____ 24.000 78% 79% 7 8% 80 78 78% 15.000 76% 77 7 5% 80 76% 77% 201,000 97% 98% 9 8% Sale 98% Sale 251,000 95% Sale 9 5% Sale 96 97 91% 98% 9 4 % ____ 1 0 2 % ____ 102% 15,000 100% 101 96 97 96 1,000 96% 100 96% 94% Sale 75.000 79 81 81% Sale Sale 80 1,000 77 79% 76 78 ' 80 97.000 87% 88% 90% 91% 91% 92% 50.000 99% Sale 100% Sale 101 Sale 7.000 99% 99% 102% 102% 1.000 83% 85% 87 8 5% 88 Sale 104% Sale 105 Sale 4.000 103% 105 8.000 82% 86 84% 88 108% 108% 109 10.000 107% 99 99% 100% 100% 100% 95 96 92% 89% 90% 89% 91 18,000 88% 93 93% 88% 83% 5.000 83% 85 94 2.000 95% 97% 98% 93% 93% Sale 44.000 87% 88 83% 84% 6,000 82% 82% 83% Sale 3.000 99 98% 99% 99% 100 5.000 99 Sale 100% 101 99% 100 85% Sale 85% 87 25.000 82 83 103 4.000 102% 103% 102% 93% Sale 92% Sale 133,000 92% Sale 90% 90% 87% 90 100% 102 100 100% 100% 102 47.000 107% 107% 107% Sale 106% 106% 106% 108 106% 107 70.000 104% Sale 102% Sale 103 103% 19.000 102% Sale Sale 95 128,000 92 92% 93% Sale 104% Sale 1,000 104% 105% 103% 103% 105 103% 105% 103% 105 14.000 86% 89% 91 90% 92 66% 34.000 62% 64% 6 5% "70" 97 9 6% 94% 97 83% 30,000 81% 82% 83% Sale 8 8% 76% T.OOO 98 99% Mahon Coal R R 1st 5s_______ 1934 101% 101% 102% Manila R R South lines 4s____ 1939 51,000 59 62% Sale 62 1959 M ist 4s_____ _____ 4.000 62 66% 67 Manito S W Coloniz g 5s_____ 1934 8.000 98 99% Man G B & N W 1st gu 3 % s_1941 1,000 64 Sale Michigan Central 5s___________1931 1 0 0 % _____ 100% Registered_______________ 1931 1,000 98% 9 9 % ------4s.............. 1940 6,000 96% Sale 91 _____ Jack L & S gold 3% s_______ 1951 79% 83 77% 1st gold 3J4s_______________ 1952 1,000 79% 82% 79% 83% 20-year debenture 4s_______ 1929 75,000 96% 97 97% 97% ldland o f N J 1st ext 5s_____ 1940 8,000 93% 93% 89 92% M L S & West ext s f 5s______ 1929 100% M il & Nor 1st ext 4% s (b lu e).1934 2,000 87% 90% 94 Cons ext 414s (brown)______ 1934 90% 92 2 2 ,0 0 0 87% M il Spar & N W 1st gu 4s____1947 14.000 87 87% Sale Milw & S L 1st gu 3 14s.............1941 1,000 80% 80% Minn & St L 1st gold 7s______ 1927 101% 102% 1,000 98% 1st cons gold 5s_____________ 1934 57 1,000 51% Sale 60% Temp ctfs of deposit__________ 56% 61 5,000 1st & refund gold 4s________ 1949 M S 20% Sale 71.000 21% 22 R ef & ext 5s series A _______ 1962 17.000 13 15 16 16 1st guar g 7s----------------------- 1927 100 M St P & S S M 4s stpd______ 1938 J J 87% 227.000 86% Sale 1st cons 5s_________________ 1938 J J 99 180.000 98% 99 Sale 10-yr coll tr g 614s__________1931 M S 103 Sale 20,000 102% Sale 1st & ref 6s series A ________ 1946 J J 2,000 100% Sale 99% 101*1 25-year g 5 1 4 s .......................1949 M S 88% Sale 209,000 85% Sale M S I P & S S M & Cent Term 1st Chic Term s f 4s______ 1941 M N 9 2 % ------92% M S S M & Atl 4s stpd_____ 1926 J J 99% 100 2,000 99% Mississippi Cent 1st 5s_______ 1949 J J 42.000 92 92% 9 3 % _____ M o Kan & Tex 1st g 4s_______ 1990 J D 83% 84% 43.000 81% Sale MIssouri-Kansas-Texas R R — Prior lien 5s series A ________ 1962 J J 302.000 86% Sale 95% Sale 40-year 4s series B ___________1962 J J 79 Sale 105.000 71% Sale 10-year 6s series O___________1932 J J 164.000 101% Sale 102% 103% _ Cum adjust 5s series A _ Janl967 A O 1,746,000 76% Sale 89% Sale Missouri Pacific R R Co— 1st & refund 5s series A _____ 1965 F A 88% Sale 137.000 83% Sale 1st & refund 5s series C _____ 1926 F A 100 Sale 1st & refund 6s series D ____1949 F A 348.000 99% Sale 100% Sale 1st & refund 6s ser E int_____ 1955 M N Sale 652.000 101 General 4s_________________ 1975 M S 64% Sale 996.000 62 >6 M o Pacific 3d 7s ext at 4 % _ 1938 M N _ 86% 89 5,000 8 4% Mobile & Birm prior lien g 5 s .. 1945 J J 98% 99 95% S m a ll________________________ 94 *90% Mortgage gold 4s___________1945 78% 81 2 ,0 0 0 77 78 S m a ll________________________ 79 74 76 76% Mobile & Ohio 1st g 6s_______ 1927 15" 666 102 % 103% 103 1st extension g 6s______ July 1927 102% 102% 103% General gold 4s_____________ 1938 M S 89 6,000 84 % 90% Montgomery Div 1st g 5s_ 1947 F A _ 99% Sale 2 1 ,0 0 0 9 7% 98% St Louis Division 5s________ 1927 J D 101 4.000 100% 100 Mohawk & M ai 1st gu g 4s_ 1991 M S _ 5.000 85% M ont Cent 1st gu g 6s_______ 1937 J J 110 % 112% 109 112 1st guar gold 5s_____________ 1937 J J 102 102% 1,000 101% 103 Morris & Essex 1st gu 334a____2000 J D 78% 79% 5.000 7 7% Sale Nashville Chat & St L 1st 5 s ..1928 A O 101 Sale 19,000 100% 102 Nash Fla & Sheff 1st gu g 5s_1937 F A 100% 101% 1.000 100 % National R y o f Mexico— Prior lien 50-year s f 4 % s_ 1957 _ July 1914 coupon on _________ J J 27 July 1914 coupon o ff_________ J J EJAssenting s f red June coupon. . 18% 19% 83,000 14 17 Guar 70-year s f 4s_________1977 April 1914 coupon o ff_________ A O 3 0% Gen s f 4s assent redeemable_ _ 22 Sale 83,000 Nat R R M ex prior lien g 4%s__1926 July 1914 coupon on_______ J J July 1914 coupon o ff__________ J J Assenting with July 1924 coupon 32% Sale 60,000 2 6% Pj-st cons gold 4s__________ 1951 April 1914 coupon on_________ A O April 1914 coupon o ff_________ A O Assenting with April 1924 coup 16% 17% 19 6.000 u R AN G E SIN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2. 101% 63% 62 99% 81% 100% 99% 91% 78% 83 97% 90 99% 91 91% 87% 81 103 58 57 21 14% 100 87% 98% 103 99% 88% 102 64 66% Sale 101 85% 97% 92% Highest. Sale Prices. N ov. 16 8 7 % N ov. 16 85% Aug. 18 90 102% 88% 99% 72% 91% 84% 85% 87% 89% 186% 9 80 Jan. 3 84 4 99 V Jan. 30 100% 19 102* Aug. 10 103% 19 80% Jan. 2 87 27 98 Jan. 12 100% 30 70% Jan. 8 75 13 88% Mar. 30 92% 28 83% Mar. 27 28 84 Feb. 17 M 7 87% N ov. 6 89 21 89% Nov. 21 89% 9 86% Nov. 27 87 100% 96% 78% 77% 98% 95% Nov. Nov. N ov. Nov. Nov. N ov. 100% 98% 79% 77% 99 96% N ov. N ov. N ov. N ov. N ov. N ov. 2 16 4 24 11 27 102% Nov. 96% Nov. 102% N ov. 13 96% N ov. 11 80% 78 90% 99% 102% 87 104% 86 108% 82% 78 91% 102 102% 87 105 86% 109% 90 Nov. Nov. N ov. Nov. Nov. N ov. Nov. Nov. N ov. N ov. 19 91 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 16 9 27 13 24 2 13 18 27 N o v .21 84% 97% 94 84% 84% 97 92 83% 99% 100 85 103 92% Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. 4 N ov. 10 N ov. 4 N ov. 28 1 0 0 % N ov. 13 101 N ov. 21 85% N ov. 6 103 N ov. 6 93% N o v .27 106% 106 102% 93% 104 Nov. Nov. Nov. Nov. N ov. 108% 107% 104% 95% 104% N ov. Nov. 91 66 83% N ov. 2 85 98% N ov. 6 98% N ov. 6 61 % 64 99 81 N ov. N ov. N ov. N ov. 63% 64 99% 81 99 59% 63% 97% 80% 99% 100% 90% Nov. N ov. N ov. N ov. 100% Nov. 92% Nov. 100% N ov. 92% Nov. 83% Nov. 97% Nov. 90 N ov. 83% Nov. 97% Nov. 92% Nov. Nov. N ov. N ov. Nov. Nov. Nov. N ov. Nov. Nov. 81 103 57 56% 21 15% Nov. Nov. Nov. N ov. N ov. 87% 99% 103% 101 91% 94 Nov. 91 % Nov. 8 7% Nov. 88% Sale 88 101% Sale 1 0 1 % Sale 64% Sale 87% 88% 98% 99 94 79% 76% 77% 103% Sale 1 0 1 % 102% 89 90 99% 1 0 0 % 100 Sale 85% 88% 109 112 103 101 77% 78% 101 % Sale 100% 100% 64% 87% N ov. 96% Nov. 80 N ov. 12 104 N ov. 11 '90% N ov. ‘N ov. N ov. N ov. 103% 101% 66 87% 79% Nov. 11 82 N ov. N ov. N ov. N ov. 13 13 14 19 N ov. 28 102% Nov. 4 103% N ov. 24 81 98% 100 85% Nov. Nov. Nov. Nov. 102 Nov. 79% Nov. 101 Nov. 102% 101 89 100 100% 85% N ov. N ov. N ov. N ov. 27 6 4 5 102 N ov. 11 79% N ov. 4 102 N ov. 6 N ov. 25 101 N o v .25 83 100 99 99% 62% 84% 99 76 76 76 101 % 101% 81 96% 95 84% 109 101 76% 100% 17% N ov. 11 19% N ov. 14 18% 19 N ov. 11 22 100% 84 102 100% 92% N ov. 2 Sept. 1 Jan. 3 Sept. 14 M ay 28 N ov. 23 86 M ay 22 Apr. 24 Jan. 8 M ar. 10 M ay 5 Oct. 29 Apr. 3 Aug. 19 N ov. 30 Mar. 25 M ay 25 Feb. 6 Feb. 7 S ep t.23 Feb. 4 Mar. 6 Mar. 3 Jan. 6 N ov. 18 98 93% 100% 94 92 89% 81% 103 62% 60 26 21% 102 90 100% 104% 103 91% 5 2 5 2 Jan. 5 Jan. 2 Jan. 2 Aug. 6 M ar. 31 Jan. 16 Sept. 2 June 23 Feb. 6 M ay 14 Aug. 3 Oct. 19 N ov. 9 Mar. 23 July 31 Feb. 3 Aug. 24 SeDt.16 Jan. 17 Jan. 9 96% 80% Oct. 6 104% Apr. 3 92% Aug. 18 90% 101 103% 102 67 89% 103% 76 91 96 104% 104 90% 101 100% 85% 113 103% 82 102 99% Sept. 8 102 19 18% Sale June 30 N ov. 27 67}| June 11 _ 4 99% June 17 100% 91 Jan. 19 94 Apr. 20 80% Mar. 11 85% 21 86 Jan. 16 71% Jan. 4 101% Jan. 14 76% Jan. N ov. 4 89% N ov. 13 Nov. Nov. N ov. N ov. 103 Oct. Jan. Mar. Oct. Apr. Apr. July July Jan. Jan. N ov. July Apr. Sept. Apr. Apr. 1 02 % June 98% Sept. 83% June Nov. N ov. N ov. N ov. N ov. 95% 78 102% 88% 5 99% June 29 Feb. Apr. Mar. Jan. July Aug. Nov. Sept. 79% 96% 88 99% 85% 83 86 80% 98% 51% 56% 19% 13% 100 % 84% 94% Nov. N ov. Nov. Nov. N ov. N ov. 87% Sale 98 99 103% 103 100% 101 88% 91 Jan. 11 N o v .10 July 9 Apr. 25 June 24 Sept. 24 July 13 July 2 66 N ov. 7 100% July 8 86% June 3 103 108% 108% 105% 97 107 105 91% Jan. Sept. Jan. July Jan. N ov. Oct. Aug. Sept. Feb. Jan. 98% Jan. 4 24 25 19 27 11 23 13 10 17 21 9 Jan. 3 July 2 N ov. 16 M ay 14 June 19 Sept. 23 Apr. 23 Jan. 23 103% Sept. 18 98 Apr. 23 93 Jan. 13 84% July 16 81 July 3 93 June 9 102 N ov. 13 102% M ay 20 89 Feb. 28 107 M ay 11 87% Oct. 10 109% N o v .27 102% M ay 25 95% Sept. 24 91% June 15 93% Aug. 4 85 M ay 26 M ay 5 98 94% Oct. 27 85% Sept. 17 100% Oct. 21 Sept. 4 102 87% June 17 105% Mar. 30 95% M ay 19 99% 95% 78 76% 97% 94% 95% 10 17 13 11 30 June 12 M ar. Feb. M ay N ov. M ay June M ay M ay June Oct. N ov. N ov. 100% 101% 98% 81 79% 99% 97% 95% Apr. Jan. Feb. Oct. Aug. Feb. Aug. Jan. 100 % Jan. 95% Sept. Jan. 93 79 Jan. 78 Nov. 88 Jan. 98% Jan. 101% Jan. 84% Mar. 103% Jan. 83% Feb. 107% Feb. 99% Mar. M ay 94 88% Aug. 89% Mar. 82% Feb. 95% Feb. 87% Jan. 82 Jan. 98% Apr. 99% Jan. Jan. 83 1 0 2 % Oct. 91% Jan. 100 100% 105% 104% 101% 92 104 103% N ov. 17 86 N ov. 7 61 96 N ov. 17 81% N ov. N ov. N ov. N ov. N ov. 94 90% 87% 81 Sale 102% 57 61 56% 65 20% Sale 15% 15 21% Sale Prices. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 9 2 % ------99% 100 N ov. 14 99% N ov. 14 93 __ 93% N ov. 7 93% N ov. 7 84% 84% 83% N ov. 4 84% N ov. 12 101 Sale Prices. N ov. 82% N ov. 100 % N ov. 103% Nov. 89 Nov. 99% N ov. 73% 92% N ov. 86 N ov. N ov. 85% 87% N ov. Nov. 21 89% Nov. 27 87 95 93% 88 96% Sale 78% 79 102% Sale 89% Sale Highest. Lowest. Prices. Apr. 30 19 M ay Feb. N ov. June May Feb. July June June June Aug. Apr. June June Mar. Oct. July July M ay Apr. 26 9 13 3 26 17 14 23 6 23 17 3 3 8 7 29 14 22 14 1 June 3 Apr. 30 13% AugT 20 2 i % ‘ janT"27 3 2 " "33% 16 30 N o v .11 34 17% 16% N ov. 13 A u g .18 22 24 S e o t .ll 24 Sept7l5 34 Nov." 14 4 l 11% Aug. 10 20 Jan. 23 N ov. 14 7 16% N ov. Jan. 2 24% Sept. 11 D ec., 1925.] Sales in November. Par Value. BONDS Y. STOCK EXCHANGE. Naugatuck R E 4s_____________ 1954 M New England R E cons 5s_____ 1945 Cons 4 s .....................................1945 N J June R gu 1st 4s_________ 1986 N O & N East ref 4% s A .........1952 New Orleans Term 1st 4s_____ 1953 N O Tex & Mex 1st 6s serA Oct 1925 Non-cum income 5s series A . 1935 A First 5s series B ____________1954 A First 5% s series A _________ 1954 A Npt & Cin B gen gu g 4 % s___ 1945 J N Y & Bklyn & M B cons g 58.1935 A N J J A J J D O O O J O N Y Cent R R cony deb 6s____1935 M N Registered______________ MN Consol 4s series A ___________1998 R ef & impt 4% s series A ____2013 R ef & impt 5s series C ______ 2013 Registered___________________ N Y C & H R g mtge 3% s____1997 Registered_______________ 1997 Debenture gold 4s_________ 1934 M N Registered___________________ M N 30-year deb 4s o f 1912_____ 1942 J J Registered______________ Lake Shore coll g 3% a______ 1998 Registered_______________ 1998 M ich Cent c o llg 3% s______ 1998 Registered-______________ 1998 N Y Chic & St ±^als 1st g 4s___1937 Registered___________________ 25-year debenture 4s_______1931 M N 2d & impt 6s A B & O ...........1931 M N Refunding 5% s Series A ____ 1974 A O N Y Connecting 1st gu 4% s A . 1953 F A NsY & Erie 1st ext g 4s_______ 1947 M N 3d ext gold 4 % s .....................1923 M S 4th ext gold 5s......... ............... 1930 A O 5th ext gold 4s______________ 1928 J D N Y & Greenw L guar g 5s____ 1947 M N N Y & Harlem g 3 Ms _________ 2000 M N Registered_________________ 2000 M N N Y Lack & West 1st 5s A ____ 1973 M N 1st & ref guar 4% s Ser B ____ 1973 M N N Y Lake Erie & West ext 7s_1930 M S Dock & impt ext 5s________ 1943 J J N Y & Jersey 1st 5s__________ 1932 F A N Y & Long Branch gen 4s___1941 M S N Y New Haven & Hartford— Non-conv debenture 4s_____ 1947 M S Registered______________ M S Non-conv debenture 3% s___1947 A O Non-conv deben 3% s_______ 1954 A O Non-conv debenture 4 s ____ 1955 J J Non-conv debenture 4s_____ 1956 M N Convertible debenture 3 %s._1956 J J Convertible debenture 6s____ 1948 J J Registered_______________ J J Collateral trust 6s___________1940 A O Debenture 4s_______________ 1957 M N Consolidated R y non-conv 4s 1930 Non-conv debenturs 4s___ 1954 Non-conv debenture 4s___1955 Non-conv debenture 4s___1955 Non-conv debenture 4s___ 1956 N Y & Northern 1st g 5s_____ 1927 N Y Ont & West 1st g 4s. June 1992 M Reg $5,000 only______ June 1992 M General 4s_________________ 1955 J Registered___________________ J N Y Prov & Boston gen 4s____ 1942 A N Y & Putnam 1st con gu g 4s_1998 A N Y & Rockaway Bch 1st g 5s. 1927 M N Y Susq & West 1st ref g 5 s .. 1937 J Second gold 4% s____________ 1937 F General gold 5s_____________ 1940 F Terminal 1st gold 5s________ 1943 M N Y Westches & Bos 1st 4%s._1946 J Nord Rys s f 6% s int rects____ 1950 A Norfolk South 1st & ref 5s A . .1961 F Norfolk & South 1st g 5s______ 1941 M Norfolk & Western gen g 6s___1931 M Improvement & ext g 6s____ 1934 F New River 1st gold 6s______ 1932 A Norf & West R y 1st con g 4s. 1996 A Registered_______________ 1996 Div 1st & gen g 4s_______ 1944 10-year convertible 6s____ 1929 M Pocahontas C & O joint 4s. 1941 J S S D D O O S J A A N J O A N N A O O S D North Cent gen & ref 5s A ____1974 M Northern Ohio 1st gu g 5s_____1945 A Northern Pacific prior lien 4s_.1997 Q Registered_________________ 1997 Q Gen lien ry & Id gt 3s..Jan 2047 Q Registered-----------------Jan 2047 J Ref & impt 4% s Series A .2047 Registered___________________ R ef & impt 6s Series B .........2047 Registered___________________ Ref & Impt 5s Series C _____ 2047 .Ref & impt 5s Series D _____ 2047 St Paul & Duluth 1st 5s___ 1931 1st consol gold 4s________ 1968 North Pac Terminal 1st 6s____ 1933 Northern R y o f Calif gu 5s____ 1938 North Wisconsin 1st 6s_______ 1930 Ogden & Lake Ch 1st gu g 4S..1948 Ohio Connecting Ry 1st 4s____ 1943 M S Ohio Ind & W 1st pref 5s..A pr 1938 Ohio River R R 1st g 5s_______ 1936 u General gold 5s_____________ 1937 Oregon & Calif 1st gu g 5s_____ 1927 Oregon R R & Nav con g 4s____ 1946 Oregon Short Line 1st con g 5 s.1946 Guaranteed con 5s_________ 1946 Guar refunding gold 4s_____ 1929 Oregon-Wash 1st & ref 4s_____ 1961 Pacific Coast Co 1st g 5s______ 1946 J D Pacific R R o f M o 1st ext 4s_ 1938 F A _ 2d extended gold 5s________ 1938 J J Paducah & Illinois 1st s f 4 %s_.1955 J J Paris-Lyons-Med R R 6s______ 1958 F A Sink fund extl 7s____________1958 M S Paris-Orleans R R s f 7s_______ 1954 M S Paulista R y 1st & ref 7s______ 1942 M S Penn R R consol gold 4s_______ 1943 M N Consol gold 4s___________ 1948 M N Stamped dollar bonds____ 1948 M N Consol 4% s issue o f 1915___1960 F A General 4 M s Series A _______ 1965 J D General 5s Series B _________ 1968 J D 10-year secured 7s_________ 1930 A O l5-year secured 6 % s_______ 1936 F A Registered___________________ F A 40-year 5s-------------------------- 1964 M N 17 BONDS-STOCK EXCHANGE EECOBD 1925. Bid. 8 ,0 0 0 72 92 78% 81% 85 Nov. 2. A sk. Bid. 75 93 M 81 79 M 86 83 M 87 90 M 80 H 81 81 M s 101 % 101M 101M 3 5 ,0 .. 92 M 92 M 95 M Sale 147.000 91 95 Sale 207.000 98 101% 94% 92 M 94 100 99 43.000 52.000 % 70,000 H I M Sale 85 M 107% 107 107% 107 83 M 83 % 85% 93% 92 M Sale 101 M Sale 101% 108M Sale 82 % 94.000 19.000 188,000 7 6 M Sale 74% 76M 77 % Sale 76J4 77M 93% Sale 9 2 % ------90 % Sale 75 M 73% 76 74% 75% 2,000 13.000 35,000 33,000 29,000 103.000 87.000 692.000 25.000 1,000 6,000 83M 90 99% Sale 93 M Sale 92 M ------91 M 92 75 y, 73 M 90 M 88 M 75M 76 76M 80 92 93% 89 92% 93 93 M 94% 102% 102 M Sale Sale 94 97% Sale 90 91% 92 89 88% 91% 93% 100 99 M 97% 97 M 92 87 78 M 83 M 78% 77% 103 M 109 3,000 7,000 61 M Sale 68 2,000 56 Sale 56 Vt Sale 60% 56 63% 63% 56% 94% 1,000 4,000 59M 60 86 87 61M Sale Sale Sale 54 M Sale 6,000 1,000 9.000 4.000 1.000 23,000 206,000 154,000 28,000 3,000 15,000 114,000 27.000 577.000 53.000 94 79% 83% 86 80% 100 N ov. 9 96% N ov. 20 92% N ov. 2 96% N ov. 21 90% N ov. 13 102 N ov. 4 98 93% 99% Sept. Oct. N ov. Jan. Jan. Aug. Jan. Jan. Jan. Feb. Mar. 96 81% 86 92% 84% 101% 98% 97% 102% 94% 100 Sale 116 Sale Sale Sale N ov. 4 108% N ov. 2 106 106 82% 88% 99 Apr. Apr. Aug. Jan. Jan. Jan. Jan. Apr. June Mar. Nov. Feb. Mar. Mar. Jan. Apr. Jan. Jan. Jan. N ov. Jan. Jan. Mar. July Mar. Aug. June Feb. N ov. 21 83% N ov. 4 86 91% N ov. 12 93% Nov. 30 101 N ov. 9 101% N ov. 2 75% Sale 75% N ov. 10 76 74% 76 76 N ov. 9 78 76% 78 80 93% 93% 93% N ov .” 4 94 92% 93 94% N ov. 4 95% 94% 95% Sale 102 % 102% Sale 102% N ov. 4 103 97% Sale 97% N ov. 2 98% Sale 92% 91% 92% 91% N ov. 6 93 8 8 % ------9 3 % ------- 94 N ov. 6 94 100 _____ 9 7 % ------9 1 % ------79 _____ 78% N ov. 13 79 7 7 % ------- Nov. 4 77 80 94% Nov. 6 Sale 66 62% 58 Sale Sale Sale Sale 58% 100% 77% 78 76% 84 94% Sale 9 2 % -----92 Sale 77% 76% 93% 92% 90% 2,000 101 87M 84 M 83 M 371,000 60 M 102 % 102 87% 87M Sale 83% Sale 83 Sale 60% 58% 58,000 85 M Sale 84% 82 420,000 106% Sale 106% 100% 101 90% 92 67% N ov. 2 68 68 61 60 62% Sale 68% P Sale f t * 60 96% Sale 96% Sale Sale 60% 56% 63 63 55% 94% 92 94% 59% 84% 74% 63 63% 98 Sale Sale 79 97% 108% Sale ■§1” Sale 91 2,000 34.000 10.000 40,000 278.000 113.000 180.000 275,000 809,000 96 Sale Sale Sale 98 Sale Sale Sale Sale Sale Sale Sale 98% Sale N ov. 6 N ov. 23 102% 87% 85% 84% 61% 59 "86% 87% Nov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. 109% 103% 100% 72% 72% '74" 9 i% 91 90% 89% 100% 100 % 99% 99% 100% Sale 100% 90% 89% 90 102 % 106% 104 105% Sale 104 97% 97% Sale 83% Sale 83 too 94 91% 99% 95% 78% Sale 83% Sale 83% Sale 100% 100% 94% 91 91 92% 88 98% Sale 93% Sale Sale 102% Sale 108% Sale 11 1 % 92 Sale 99% 97% Sale 75 74 92% 92% 90% 93 74% 74 75 75% 91 89 92% 102% 93% 90 89 93% 99 97% 90 75% Jan. 7 Jan. 29 June 24 June 16 M ay 1 Apr. 16 June 20 June 2 Mar. 3 N ov. 2 Jan. 14 Feb. 10 M ay 19 June 12 June 8 July 2 Apr. 27 Jan. 19 Mar. 30 Mar. 19 Sept. 22 June 3 Oct. 21 M ay 15 July 1 101 97% Aug. 27 94 June 24 80 July 17 % 19 17 22 5 28 100% 107% 100% 100% 91% S e p t.16 Jan. 30 Jan. 3 Aug. 5 Jan. 5 Jan. 5 M ay 27 Apr. 29 Jan. 6 M ay 11 Jan. 2 68 60 62% 60 66% 66 59% 97 94 Jan. Aug. Jan. Feb. June Jan. Jan. Oct. June June 20 19 17 2 29 Feb. 25 Jan. 30 Sept. 19 Feb. 26 Nov.;27 N ov. 27 Feb. 25 N ov. 18 N ov. 25 N ov. 14 100 61% M ay 22 Jan. 8 64 Aug. 11 64 6 68 N ov. 4 83% 100% 75 63 63% 68% 82% 78% 96% 107 "2 N ov. 4 N ov. 20 N ov. 20 N o v .21 N ov. 4 N ov. N ov. Nov. N ov. N ov. 89% N ov. 9 N ov. 12 91 148% N ov. 27 91% N ov. 13 65 62% 65 86% 82% 99% 66% 59% 59% 93 59% 79% 70% 94% 106 108% 106 88 86 88% 125% 90% Feb. 27 Mar. 4 Feb. 24 70% M ay 69% 65 86% 87% 100% 76 68 66 97 70% 85% 84 98) 108% 108% 108 92% 89 92 148% 93% Oct. Apr. Jan. Jan. Nov. Jan. July M ay Feb. Jan. Apr. Jan. Mar. Nov. Apr. Feb. Jan. Jan. Jan. Apr. Sept. Sale Ig2% N ov. 88 h §7% N ov. Sale 8 3 % N ov. Sale 6 0% N ov. "2 Safe"' 82 100 % 100% 111 N ov. 99M 100% 105% 99% 17 99% 91% 2 60% 60 9 55% 30 54% 27 60 27 56 21 53 18 86% 25 83% 14 90% 2 53% 24 27 N ov. 6 64% N ov. 14 85% 96% 96% 91% 92 98% 93% 78 85% 85% 100% 94% 90% 90% 98% 93% 101% 108% 30 6 17 13 63 97% Sale 97% Sale 435.000 355.000 121.000 15,000 N ov. Nov. N ov. N ov. N ov. 97,000 95 96% 96% Sale 140,000 _____ 96% Sale 100% -------8 0 % ------109% 109% 109% 110 82 90% N ov. 18 67% 85% 83% 8 3 % N ov. 99% 100% 99% Nov. Sale 73% N ov. 6 0 % 61% 6 3 N ov. 62% 63% 6 3 N ov. 99 97 68% Sale 6 7 % N ov ; 82% Sale 81 N ov. 77% 77% N ov. 77 96% 98 96% N ov. 106 % 106% 106 N ov. 107% 106% 89% 88% "N ov. 86% 90% 91 96% N ov. 149% 138 14o Nov. 91% 90% N ov. 102 % 88% Sale 83% Sale 16 I 13 14 i.4 9 21 29 23 28 28 57% M ay 21 64 Mar. 13 100 Jan. 18 100% July 24 6 7 % ......... 57 62% 64% 1®6% 80 89% 98% 93% 79% 87% 88 97% 91% 91% 90% 98% 93% 101% 108% 110 60% 57% 66% 66 58% 97 94 100 61 Nov. Nov. Nov. N ov. Nov. N ov. N ov. Nov. N ov. 6l N o v .24 60% N ov. 19 107% Safe 56.000 26.000 10 27 2 20 2 100% N ov. 17 100% N ov. Sale 4.000 98 ......... 50.000 100% Sale 44.000 88% 88% 4.000 104 Sale 21.000 105 Sale 350.000 96% Sale 232.000 82 Sale N ov. N ov. N ov. N ov. N ov. 100 % Sale 66 63% M ay June M ay July M ay Feb. M ay M ay M ay Oct. Jan. 117% 116% 87% 93% 102% 101% 79% 78% 96 93% 92% 93 78% 79 78% 76% 94% 89 96% 104% 98% 93% 89% 95% 107 N ov. 19 84 N ov. 20 N ov. 16 N ov. 6 92 N ov. 2 84% N ov. 16 76% 96% Sale Sale 61 67 M Sale 67% 64 M 65 M 63% 63 65 62% 60 M 85% 85% 8 1 M 82 % 83% 99 M 100 Sale 67 73% 59 62 60 62% 61M Sale 92 94 97 61 J* Sale 68% 82% Sale 82% 71% Sale 78% 96 91% 107 M 108 M 106% 107 M 107% 106% 106% 8814 Sale 88% 87% 90% 89M 91 131M Sale 139% 90 M 91 90% 70% 73% 9 0 % ......... 8 5 % ------- Sale Prices. N ov. 6 N ov. 4 N ov. 12 N ov. 2 N o v .28 90% 37.000 160.000 20,000 Highest. Sale Prices. 96 82 85% 83% 92 90% 85 81% 96% Sale 95 Sale 94% Sale 101% 65 61 2 ,0 0 0 100% _____ Lowest. Sale Prices. Sale Prices. 78 77% 94% 93% 92 100 % 101 55 M 54 M o 4 % -----67 M 68 83,000 A sk. _____1 0 0 % --------- 100% 106 107 1 0 0 % ------- 9 9 % ____ 99M 101 8 9 M ------ 1,000 42.000 219.000 39.000 336.000 15.000 83.000 117.000 US 90% 83% 96% Sale 96% 96% Sale 101 % 101% 95 M 94% 99% 91 Sale Highest. N ov. 30. Ask. Bid. 75% 96” 93% 82 88,000 147.000 598.000 88 Vs RAN G E SIN CE J A N . 1. PRICES I N NOVEMBER. Price Jan. 2 102% N ov. 14 100% Aug. 87% N ov. 27 86 Apr. N ov. 28 83 Aug. 86 82% Aug. 61% N ov. 6 59% Aug. 57% Sept. N ov. "7 "§ 7 % ‘ Nov."27 83 Aug. 85% Feb. 108% N ov. 13 104% Aug. N ov. 4 105 M ay 97% N ov. 25 94% Aug. Nov." 97% N ov. 28 94% Aug. N ov. 84 % M ay 109% Jan. 103% 'N ov.'l9 103% N ov. 19 102 Feb. 103% Apr. 74% 72 % ‘ N ov ." 6 72% N ov. 6 71% Aug. " 110 100 10o Sale Ig0% 90% ,°9 % Sale 1 6 4 Sale Sale 91% 98% Sale Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. 93 92 N ov. N ov. Nov.' Nov. N ov. N ov. N ov. 95% 78% 85% 85% 101% N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. 92% 92% 99 94 102% 108% 111% N ov. N ov. Nov. N ov. N ov. Nov. N ov. !0 5 % N o v . §7 82% 95 9 l% 92% 9 l% 99% 96% § 5 % Sale 75% Sale 83 Sale 83 101 10o% Sale Sale Sale Sale Sale N ov. N ov. 100 101 90% 104% 105% 97% 83% Nov. N ov. N ov. N ov. 9l 91% 98 92% 101% 108 110% 97% N ov. 2 98% N ov. 6 Feb. 21 Apr. 27 Feb. 18 June 25 June 17 Feb. 11 Feb. 19 Feb. 20 July 23 Feb. 24 Sept. 25 June 11 July 3 Sept. 23 Apr. 11 Mar. 20 June 3 M ay 16 Apr. 18 N ov. 27 Feb. 4 103 M ay 18 94 Mar. 19 87 June 4 84% June 30 62% June 27 60 Mar. 19 87% N ov. 27 85% Feb. 1 8 108% Feb. 11 106% M ay 26 97% Feb. 24 98 *Mar. 7 4 21 21 23 13 85% 109% 103% 104% 75% July July Mar. Mar. July 7 1 27 20 11 98% Jan. 5 4 98% Aug. 4 101% 100 2 100 % N ov. 28 1 01 % 19 85% Oct. 23 90% 19 100 % Sept. 3 107 4 1 02 % A u g .10 107 5 96% Jan. 2 97% 12 81 July 31 85 26 82 Jan. 94 13 90 Aug. 98% 98% Jan. 100 17 94% Jan. 96 30 70% Apr. 81% 2 80% Apr. 89 5 80 Apr. 90 14 97 Jan. 101% 95% 91% Feb. 14 86% Feb. 96 13 90% Jan. 93 7 97% Aug. 100 13 91% Aug. 16 99% Aug. 61103% 30 107% June 15l108% 16 109% Jan. 161111% 109% June 6 109% 13 97 Oct. 1 98% M ay Mar. Feb. June M ay M ay Feb. M ay 2 9 12 4 7 8 9 21 Feb. 26 Jan. 7 M ay 18 M ay 15 Oct. 21 Jan. 5 Jan. 16 N ov. 14 June 30 July 17 Mar. 28 Jan. 14 Jan. 13 Fen. 20 N ov. 30 Sept.21 June 6 Jan. 22 BO N D S N. 7 . STOCK EXCHANGE. BONDS—STOCK EXCHANGE RECORD Interest Period 18 Sales in November. Par Value. % Pennsylvania Co— Guar 3 k s coll tr reg c t fs .. .1937 Guar 3 k s coll tr ctfs B ____ .1941 Guar g 3 k s tr ctfs Series C_ .1942 Guar g 3 k s tr ctfs Series D .1994 Guar gold 15-25-year 4s_ .1931 _ 40-year guar tr ctfs 4s Ser E .1952 Peoria & East 1st cons 4 s _ .1940 _ Income4s ______ 1990 Peoria & Pekin Un 1st 5 k s A . .1974 Pere Marq 1st 5s Series A ____ 1956 1st 4s Series B ____________ 1956 .1943 .1974 Philippine R y 1st 30-yr s f 4s. .1937 .1932 P C C & St L gu g 4 k s Series A .1940 .1942 .1942 .1945 -1949 .1953 -1957 -I960 Con 4 Ms Series I guar_____ .1963 Con 4 Ms Series J guar____ .1964 Gen 5s series A ___________ .1970 1975 Pitts & Lake Erie 2d 5s_ Jan 1928 _ .1932 .1934 -1940 First consol gold 5s_______ -1943 .1943 .1927 .1948 .1962 .1957 .1956 M S F A J D J D A O M N A O Apr A () J J J .1 MN F A J J J D A O A O M N M N F A J D MN F A F A MN J D J D A O A O J J J J A O J J M N MN J D F A M S M S Reading Co gen gold 4s . . . .1997 Registered _____________ .1997 Jersey Central coll g 4s____ 1951 Gen & ref 4 M s __________ 1997 .1941 1927 .1948 .1952 .1939 1940 .1940 Rio Grande Western 1st g 4s. .1939 1st con & coll trust 4s series A 1949 Rock Isl'd Ark & Loui 1st 4 Ms 1934 Rutland-Canada 1st gu g 4s . .1949 Rutland 1st cons g 4 M s _____ .1941 J J J J AO J J MN A O MN J J J D J J J J J J A () M S J J J J St Jos & Grand Island 1st g 4s .1947 .1996 2d gold 6 s ________ ____ .1996 St Louis & Cairo gu g 4 s ____ .1931 St Louis Iron M tn & South— Gen con ry & land grant 5s. .1931 Unif & ref gold 4s_________ .1929 J J A J J J O J 11,000 4,000 8,000 5,000 6,000 46,000 135,000 53,000 259,000 37,000 Price Jan. 2 1925. Bid. 84 M 83 82 82 94 k 85 76k 35 M 98 M 82 Q2 13,000 103 88,000 1,000 3,000 3,000 9,000 2,000 1,000 88,000 96 96 96 89^ 89 M 89 M 89 M 89 M 94 k 94 14 100 k 95 k Sale 78 k Sale Sale Sale inn 103 M 97 M 97 96 U Sale 100 k' 519,000 10.000 100 k 101k 104 102 101 87 5,000 89 k 86’ 3,000 10054 ini 14 5,000 50 k 81M 1,000 95k 42,000 135,000 89 93 k 110M 99 k 74 M 100 k 92 k 5 ' 6 83 M 72 M 85 k 73 k 85 M 8,000 10,000 94,000 152,000 90,000 3,000 15,000 89 M Sale 77 101k 7 Sale Sale Sale 73 k .T .1 San Ant & Aran Pass 1st gu 4s .1943 1942 1934 1934 Scio VaR & N E 1st gu g 4s. . .1989 Seaboard Air Line g 4 s _______ 1950 S ta m p e d ________________ .1950 Adjustment 5 s _______ Oct 1949 Refunding g 4 s _ _______ .1959 _ 1st & cons 6s series A 1945 Atlan-Birm Div 4s___ Mav 1933 1 1936 1963 Southern Pacific Co— 4s g Central Pac coll____Aug 1949 D D J J ,T .T M S A O A O M N A O A O F A A O M S 1 S W J J F A A O 1,000 9 1 k 90 M 16,655 38,000 100 46,000 3,000 2,000 1,000 1,000, 1,000 44,000 601,000 315,000 533,000 44,000 2,000 81 98 M 107 k 101 87 k 74 74 M 74 M 60 84 k 83 M 100 102 103 k 93 k 92 89 Sale 86 M 82 k 81k 81k 96M 8 5 k 84 Sale 79M 39M 34 k 100k 100k Sale 100M 83 83 k 92 k 106 42 M 4 1 k 105k 97 96 k 96k 96M 95 93 k 92 91 93 Mi 92 94 M 92 92 95M 94 M 95 94 k 100M 98 k 97 99M 99 k 100k 106M 105k 103 99 k 98 M 88 k 100 k 90k 101k 59 83 k 83 M 83 k Ask. 83 96 k 83 k Sale 35k 101k 100M 83 k Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 8 2 k N ov. 9 83k 83 k 82' 9 5 k N ov. 9 9 6 k 8 5 k N ov. 19 85M 7 8 k N ov. 2 8 0 k 3 4 k N ov. 27 36 100 N ov. 6 101 99M N ov. 5 100k 83 N ov. 10 84 107 105k N ov. 4 106k 42 M 4 1 k N ov. 13 42 k 97 9 6 k N ov. 27 96 k 96 N ov. 13 96M 84k 82k 82 81M 94k 85 77 M 31k 99 97M 80 92k N ov. 19 104 N ov. 6 40 105M N ov. 27 96 N ov. 12 N ov . 19 N ov. 14 N ov. 11 N ov. 6 N ov. 6 N ov. 17 N ov. 6 N ov. 5 N ov. 27 N o v .12 91 k N ov. 14 94 M 95M 95 99 k 91M N ov. 17 9 1 k N ov. 12 9 1 k N ov. 12 94 M N ov. 17 94M N ov. 17 99 N ov. 4 9 9 k N ov. 13 89k 90 91k 90M 91 94M 94 k 96 k Oct. 23 Sept. 2 87 N ov. 9 8 4 k Oct. 20 Sept. 14 8 3 k Nov. 14 Juiy 30 82 k June 5 Jan. 13 96 M July 24 Jan. 2 86M Mar. 7 Apr. 2 82 k June 9 Apr. 3C 36 k June 9 Oct. 23 Apr. 14 102 Aug. 1 100 k M ay 9 Aug. 4 85 Apr. 25 Oct. 22 9 4 k Apr. 14 Jan. 28 108 May 22 Mar. 31 44 k Feb. 20 Mar. 14 105M Mar. 14 Jan. 29 99 k July 1 99M Oct. 30 96 k June 23 Jan. 2 Sept. 11 Oct. 20 94 N ov. 12 93M Sept. 14 Feb. 17 94 M July 7 Feb. 3 94 June 23 N ov. 17 9 6 k M ay 11 Sept. 25 96 June 5 July 22 101 Jan. 6 99 k 9 8 k N ov. 30 99 k N ov. 13 9 7 k Aug. 3 99 k Oct. 14 7 102 100k N ov. 6 100k N ov. 6 9 9 k Mar. 21 101 Feb 106 Aug. 14 106 Aug. 14 106M 100 Sept. 19 102M 1Q0M Oct. 3 101 91 k M ay 1 9 1 k 100k 100k N ov. 4 100k N ov. 4 87 Mar. 5 90 k 101 N ov. 5 100 Aug. 7 102 M 5 9 k N ov. 27 6 0 k N ov. 4 53M Jan. 2 6 0 k 8 1 k July 16 8 1 k 83 k 95 95 N ov. 13 92M Aug. 31 96 94 k 95M 94M Apr. 18 9 5 k Mar. 31 95 90M N ov. 24 9 2 k N ov. 12 88 91M 92 M 90 k 91 Sale 95 93 k N ov. 22 95 N o v .30 92M Feb. 11 96 93 k Sale h im ioo M 74 99 k 93 k 5M 5 86 k 73 M 87 k 75 k 86 k 100k 95 M 93 M 87 k 100 100k 73 80 102M 100 94 M 7 5M 5 Sale 86 k Sale 73 k Sale 89k 77 75 k 87 k 86 Sale Sale Sale 102 76 M Sale 91 102 k 100 91 87 k 103 k 100 107 k 105M 99 97 M 92 k 90k 88 101M 83 M 9814 109k 101 89 88 k 77 78 k Sale 78 k Sale 85 k Sale 71k Sale 95 84 87 k 100M 100 k 103 104 104 k 104 k 85 k 81k 97 k 100M 99 k 85 k 79 105 k 110M 101 87 85 k 102 81 78 91M 99 k 99k 74 99k 92k 5 6 82M 71 85 73 k 85k 77M N ov. 24 7 8 k N ev. 6 100k 95 k 92 M 88 k 99 k 9 5 k N ov. 9 96 75M 91k .101 N o v .23 94 100M 100 N ov. 2 100M N ov. 23 Sale 9 5 k N ov. 4 96 N ov. 5 Sale 102 76 k Sale 87 100 N ov. 4 89 N o v .16 N ov. 4 10 0k N ov. 6 7 6 k N ov. 2 77 k N ov. 16 Sale Sale Sale Sale Sale Sale Sale 105 k 100 k 102 k 90k 102 k 98k 90 k 85M 104M 100 84 75 90 M Sale Sale 83 73 90 87 k 84k N ov. N ov. N ov. N ov. N ov. N ov. N ov. 4 2 18 11 11 30 10 92 103 k 100 92k 88 M 104M 100 k N ov. Nov. Nov. N ov. N ov. N ov. Nov. 6 6 4 20 14 30 30 85M N ov. 13 85 k Sale 81M 85 97 k N ov. 18 97 k Sale 100 k 100k N ov. 27 99 M 100M 100M Nov. 28 8 5 k N ov. 11 85 k 87 97M 101 100M 86 k N ov. N ov. N ov. N ov. 2 6 28 23 13 30 13 21 14 23 95 107k 108k 107k 105k 108M 98 M 9 9 k 9 8 k 93 Sale 92k 90k 88 89 M Sale 101M Sale 101k 83 k 98 k 109M 101 k Sale 87 k 80 k 79 Sale 78 M Sale 87 k 72 Sale 96 Sale 88 88 99 k 104 k 102k 10614 105 102k 94 k 88 k 104 101M Sale 80 k Sale 107 M Sale 1 1k 1 101k 89 M 87 k Sale 86 k 102k 101k Sale 80 88 88 91M 99 k 3 6 31 6 30 27 31 31 16 4 6 101 79 M 102 96k 7 6 89 M 75 k 90 77 89 Jan. 7 83 Aug. 3 95 k Jan. 20 102M Jan. 9 96M 17 27 1 4 28 10 4 16 Jan. Apr. Jan. M ay 30 15 10 12 Oct. 16 June 3 July 3 Feb. 20 Apr. 8 M ay 27 M ay 14 July 15 N o v .20 June 25 July 2 Aug. June July June 25 25 25 8 99k 91k 91k 83k 99k Jan. Jan. Mar. Jan. Jan. 6 2 31 2 23 101 96 M 93 90 100M A u g .10 June 5 Apr. 16 June 4 Jan. 23 71 74M 85k 101k 93 k 84k 76k 10 3k 100 Jan. Apr. Jan. Jan. Jan. Jan. Jan. Aug. N ov. 20 20 2 2 2 20 21 12 10 78 74M 93 M 103 k 100k 94k 97k 105 k 101 M ay 6 Apr. 20 M ay 23 July 8 M ay 20 Sept. 18 Aug. 28 M ay 9 Jan. 21 N ov. 9 100M Oct. 1 104M M ay 14 92 k Jan. 2 93 k-F eb. 17 11 78 Aug. 17 83 k M ay 25 M ay 7 28 7 2 k M ar. 24 78 N ov. 14 14 8 5 k Jan. 2 91 27 8 1 k Jan. 7 90 k N ov. 27 14 80 Jan. 2 87 k M ay 29 90 Oct. 23 9 1 k Apr. 13 Nov. 21 95 N ov. 21 94M Oct. 1 96 k M ay 23 92 k July 31 94 k M ay 5 N ov. 2 108 M N ov. 23 106k Aug. 6 109k Mar. 10 105k July 31 106 Oct. 3 N ov. 4 9 9 k N ov. 17 95M Mar. 20 100 k M ay 29 9 7 k Feb.. 18 98 Mar. 29 N ov. 28 93 N ov. 30 87 k June 26 9 5 k Apr. 14 90 Aug. 1 92 k June 6 N ov. 5 89M N ov. 30 88 Apr. 21 89 k Feb. 17 N ov. 9 102 N ov. 27 100 Jan. 2 102 k July 2 Jan. 2 85 k M ay 9 N ov. 7 83 k N ov. 30 81 Nov. 5 98 k N ov. 5 9 8 k N ov. 5 102 June 25 M ar. 19 N ov. 17 109 M N ov. 17 107M Jan. 5 111 N ov. 20 101k N ov. 20 101k Oct. 23 102 June 20 N ov. 2 8 8 k N ov. 2 8 7 k Feb. 4 90 k June 15 Jan. 19 8 1 k June 2 N ov. 14 80 N ov. 14 74 Jan. 6 82 k May 6 N ov. 6 79 N ov. 13 74 N ov. 11 88 N ov. 14 73 M ar. 31 88 N ov. 14 N ov. 4 73 N o v .12 59M Jan. 6 73 k M ay 21 N ov. 2 9 6 k N ov. 17 8 4 k Jan. 2 9 6 k Nov. 17 N ov. 21 8 8 k N ov. 4 8 3 k Jan. 10 89 k June 1 100 N ov. 14 9 9 k Jan. 29 1 0 ik June 16 102M Jan. 20 104 k July 10 102k Aug. 21 109 M ay 26 83M 73 91 90 k 86k 95 k Feb. Aug. Aug. Jan. Jan. M ay Mar. Aug. Jan. M ay Jan. June Jan. M ay N ov. Oct. June N ov. July 100k N ov. 24 101 4 28 2 4 10 111 102 94 k 87 k Sale 103 k Sale 94M Nov. 12 94M N ov. 30 77 k 80 k 95 k 101 105 95 96 Sale Sale 85 Sale 100k 100 86 7 100M N ov. 17 100M N ov. 17 85 k N ov. 6 88M N ov. 28 73 k N ov. 27 7 4 k N ov. 14 87M Nov. 4 90 N ov. 20 Sale Sale Sale Sale Sale 105 100M Sale 108k Sale 99 93 k 93 M 89 M Sale 75 102M 86 k 74 Sale 77 88 91k 102 k 99 k 91k 86 M 104 M 100k 104 k lo o k 100 M 101 lo o k 93 M 93 k 83 83 k 83 k 72 k 73 k 75 90 Sale 90 k 88 Sale 90 k 85 M Sale 85 M 90 90 95 94 k 96 Sale Sale J D 60,000 84 J D 79 M 82 k 527,000 96 k Sale Convertible 4s . _____ June 1929 M S 47,000 99 k 100 Convertible 5s____________ -1934 J D 1,000 1944 M N 33,000 84 k 84 k San Francisco Term 1st 4s. . .1950 A O 1950 A O 78 k 1937 M N 101 93 k 95 1937 J J 331,665 88 M Sale South Pac RR 1st ref gu 4s_ .1955 J J _ 221,000 100 k Sale Southern Ry 1st cons 5 s ____ .1994 J J 5,000 1994 J J .1956 A O 1,023,000 73 k Sale Sale 166,000 103 Devel & gen 6s _____ _____ .1956 A O 273,000 107 k Sale .1956 A O 99 k 100 1996 J J Sale 2,000 86 St Louis Div 1st g 4s _____ .1951 .T .T 69,000 82 k 83 k Mobile & Ohio coll tr 4s_ .1938 M R _ 1,000 102 So Caro & Ga 1st ext 5 Ms____ .1929 M N 102 M 11,000 83 M Sale Spokane Internat 1st g 5s____ .1955 .1 J 1,000 68 1943 J D J .T 89 k M S 99 k A sk. Bid. 78 k 79 M 75 M 76 k 93 k 95 k 101 104 99 k 102 93 k 94 M 95 k 96 A O 74,000 .) J 278,000 9 1 k Sale J J River & Gulf Div 1st g 4s . 1933 M N 595,000 84 k Sale St Louis Mer Bdge Ter gu g 5s .1930 A O 8,000 99 k 99 k St Louis-San Fran (Reofg C o )Prior lien 4s series A _______ .1950 J J 446,000 7 1 k Sale J J Prior lien 5s series B _______ 1950 J J 257,000 85 k Sale Prior lien 6s series C _ ___ 1928 J .T 120,000 101k Sale Sale Prior lien 5 Ms series D ._ __ .1942 J .1 626,000 94 Cum adj 6s series A ____July 1955 A O 670,000 85M Sale Income 6s series A ___July 1960 Oct 1,538,000 78 k Sale St L & San Fran Ry gen g 6s 1931 .1 J 1,000 105M General gold 5s___________ 1931 .1 J 11,000 100 k Sale 1996 J J 90 M 1947 A O 96 M St Louis Peoria & N W 1st gu 5s 1948 J J 10,000 101M 103 M 93 1931 M S St Louis Southwest lst~g 4s . .1989 M N 72,000 80 M Sale 74 2d gold 4s income bon d.N ov 1989 J J 1,000 73 Consol gold 4s __ . . . 1932 J I) 262,000 8 5 k Sale Sale 1st terminal & unif 5s_ _____ .1952 J .1 150,000 82 St Paul & K C Sh L 1st 4M s. . 1941 F A 119,000 SOM Sale 90 1947 J J St Paul Minn & Man cons 4s_ .1933 J J 1,000 93 k 94 k J J 91k 1st consol gold 6s_________ -1933 J J 5,000 108 M 109 J J 107 M 109 Sale T 34.000 99 6s reduced to gold 4 Ms____ .1933 • T Montana Ext 1st gold 4s_ .1937 J _ J Pacific Ext sterling gu 4s_ 1940 .T _ St Paul Union Depot 1st 5s_ .1973 J _ 86 M 82 k 81k 81k 95k 84 78 k 34 k 100k 100 82 k 92 k 105k 42 105 k 96M 96M 95 91 91 91 91 91 94 94 k 98 M 97 99 100M 105k 103 97 k 100k 88 k 100k 90 k 100 k 60 k 83 k N ov. 30. 121. R AN G E S IN CE J A N . 1. PRICES I N N OVEM BER . N ov. 2. Ask. Bid. 85 k 84 84 [V ol. Sale 82 k 98k 109 M 101k 89 88k 79 k 80 Sale 78k Sale 85k Sale 71 Sale 94k 89 88 111 104k 106 k N ov. N ov. N ov. N ov. N ov. 86 N ov. N ov. N ov. N ov. N ov. N ov. 4 Sale Sale 103 k Sale Sale Sale 87 k 103k 102M 78k 105 k 110M N ov. N ov. N ov. N ov. N ov. N ov. 2 18 13 2 2 2 89M 104 102M 80k 107 k 111k N ov. N ov. N ov. N ov. N ov. N ov. 89 M Sale Sale 82 k Sale 86 k 85 k 101k 80 88 N ov. N ov. N ov. Nov. N ov. 27 2 30 6 30 87M 88k 101k 81 88 N ov. 21 N ov. 14 N ov. 30 N ov. 2 N o v .30 84 81 96M 99M 9SM 84 83 102M 94k 87k 100k 99 73 k 103 106k 99k 85k 82k 100M 80 88 Jan. 2 Jan. 20 Jan. 2 Sept. 28 Aug. 11 Aug. 6 Feb. 16 Aug. 11 Jan. 15 Aug. 25 Jan. 15 Jan. 15 Jan. 3 Jan. 2 Jan. 6 Jan. 5 Jan. 19 Jan. 7 Jan. 6 N ov. 6 N ov. 30 88 k 85 98 103k 101 88 k 85k 104 94k 92 104k 102k 80 k 107k 111k 102k 87k 88k 103 87k 88 June 3 Sept. 18 June 2 M ay 28 M ay 23 June 22 Feb. 27 Aug. 21 Jan. 22 Apr. 24 Oct. 21 N ov. 13 June 25 N ov. 14 Nov. 23 Ju n e 11 Mar. 14 Nov. 14 M ay 25 Feb. 10 N o v .30 101M Aug. 17 101k Aug. 17 Dbc., 1925.] BONDS N. 7 . STOCK EXCHANGE. ?■§ Sales in e » November. • a, Par Value. 5 Term Assn o f St L 1st g 434 s_ 1939 A O _ First cons g 5s______________ 1944 F A Gen ref s f gold 4s__________ 1953 J J Texas & N O cons g 5s________ 1943 J J Texas & Pacific 1st g 4s_______ 2000 J D Second gold income 5s______2000 Mar Louisiana Div B L 1st g 5s__193i J J Tex Pac— M o Pac Term 5 34s- -1964 M S Toledo & Ohio Cent 1st g 5s_ 1935 J J _ Western Div 1st g 5s_______ 1935 A O General gold 5s_____________1935 J D _ Toledo Peoria & West 1st 4s_ 1917 J J Tol St L & West pr lien 334s_1925 J J Fifty-year gold 4s___________1950 A O Tol W Va & Ohio 1st gu 434s A.1931 J J 1st guar 434 s series B _______ 1933 J J 1st gu 4s series C ___________ 1942 M S Tor Ham & Buff 1st 4s________ 1946 J D Ulster & Delaware 1st con g 5s_1928 J D First refunding gold 4s______ 1952 A O Union Pac R R & land gr g 4 s ..1947 J J Registered__________________1947 J J 20-year conv 4s_____________ 1927 J J Registered______________ _ J J First & refunding 4s_ June 2008 M S _ 1st lien & ref 5s_____________ June2008 M 8 10-year secured 6s__________ 1928 J J U N J R R & Canal Co gen 4 s .. 1944 M 8 Utah & Northern gold 5s______ 1926 J J 1st extended 4s_____________ 1933 J J Vandalia consol g 4s A ________ 1955 F A Consol 4s, series B _________ 1957 M N Vera Cruz & P 1st gu g 434s_ 1934 J J _ July 1914 coupon on_______ J J Assenting 1st 434s___________1934 Verdigris Val Ind & West 1st 5s 1926 M 'S Virginia Midland 5s ser E 1926.1926 M 8 5s 8eriesF__________________ 1931 M 8 General 5s_________________ 1936 M N Va & Southwest 1st gu 5s_____2003 Q J First cons 50-year 5s_______ 1958 A O Virginian R y 1st 5s ser A _____1962 M N Wabash 1st gold 5s____________1939 M N Second gold 5s______________ 1939 A 8 R e fs f 534s ser A ___________1975 Deb B 6s registered________ 1939 J 1st lien 50-year gold term 4s. 1954 J Det & Ch Ex 1st g 5s_______ 1941 J Des Moines Div 1st g 4s____1939 J Omaha Div 1st g 3 ^ 8 ______ 1941 O Tol & Chic Div 1st g 4s_____194J 8 A Warren RR 1st ref gu 3 34_____ 2000 Wash Cent Ry 1st g 4s_______ 1948 M Wash Term 1st gu 334s______ 1945 P A 1st 40-year guar 4s________ 1945 F A Weatherf M W & N W 1st 5 s..l9 3 0 F A West Maryland 1st g 4s______ 1952 A O West N Y & Pa 1st g 5s_______ 1937 J J General gold 4s_____________1943 A O Inc g 5s____________________ April1943 N ov Western Pacific 1st 5s A ______ 1946 M 8 1st g 6s ser B _______________ 1946 M 8 West Shore 1st 4s guar_______ 2361 J J Registered_________________ 2361 J J Wheeling & Lake Erie 1st g 5 s ..1926 A O Wheeling Div 1st g 5s______ 1928 J J Exten & impt. gold 5s______ 1930 F A Refunding 434s ser A ______ 1966 M S Wheel & L Erie RR 1st con g 4s 1949 M Wilkes-B & East 1st gu g 5s_ 1942 J D _ Wllmar & Sioux Falls 1st 5s_ 1938 J D _ Winston-Salem 8 B 1st 4s____1960 J J Wisconsin Cent 1st gen g 4s_ 1949 J J _ Sup & Dul Div & Ter 1st 4s. 1936 M N Wor & Con East R y 434s_____ 1943 J J Industrials Adams Express coll tr g 4s____1948 M 8 Ajax Rubber 1st 8s__________ 1936 J D Alaska Gold M deb 6s A ______1925 M 8 10-year conv 6s ser B _____ 1926 M 8 Alpine-Montan Steel 7s_______ 1955 M 8 Amer Agric Chem 1st conv 5 s ..1928 A O lst.ref sink fund 734s_______ 1941 F A Amer Beet Sugar conv deb 6s. . 1935 F A Amer Chain 10-year s f deb 6s_1933 A O Amer Cotton Oil deb 5s_____ 1931 M N Amer Dock & Impt extd 6s___ 1936 J J American Ice deb 7s July 15. .1939 J J Amer Mach & Fdy s f g 6s___ 1939, A O Amer Republic Corp s f deb 6s.l937|A O Amer Smeltg & R ef 5s ser A 19471A O 1st g 6s ser B _______________1947!A O Amer Sugar Refg 15-year 6s_ 1937 J J _ Amer Tel & Tel Coll trust 4 s ..1929 Convertible 4s_____________ 1936 20-year convertible 434 s____ 1933 30-year coll trust 5s________ 1946 35-year sink fd deb 5s______ 1960 20-year sink fd 534s________ 1943 Amer Type Founders deb 6s_ 1940 _ Amer Water W ks& Elec coll 5s. 1934 Amer Writing Paper s f 7-6s_ 1939 _ Temp interchang ctfs o f dep Anaconda Copper Min 1st 6 s .. 1953 15-year conv deb 7s________ 1938 Andes Cop Min deb 7s 25% pd 1943 Anglo-Chilean Nitrate 7s_____1945 Antilla (Comp Azuc) 1st 7 J4S..1939 Ark & Memph Bdge & Term 5s. 1964 Armour & G o 1st real est 434s. 1939 Armour & Co o f Del 1st 534s..l943 Associated Oil 6% gold notes__1935 Atlanta Gas Lt 1st 5s________ 1947 Atlantic Fruit 7s ctfs of dep_ 1934 _ Certif o f deposit stamped__ Atlantic Refining deb 5s______ 1937 J J 1,000 62,000 28,000 9,000 40,000 2,000 3,000 43,000 2,000 1,000 4.000 31.000 73.000 182,000 1.000 139.000 Price Jan. 2 1925. Bid. Ask 99 74 88 9834 9914 100 9934 96 30 9914 8234 9534 9534 8934 83 34 8634 57 91 34 8934 9934 Bid. 78 4534 9134 8934 9934 N ov. 30. 84 34 10034 103 9034 9934 9874 9934 80 69 46;-4 39 92 Sale 8934 Sale 9934 Sale ____ 98 ____ 87 2134 2434 25! 10,000 1,000 13.000 10.000 9.000 2.000 342,000 6,000 1,000 333,000 37.000 53.000 34.000 4.000 4.000 74.000 68.000 27.000 1,000 5,000 103,000 20.000 17.000 64.000 5.000 26.000 87.000 22.000 336.000 92.000 69.000 40.000 1.000 225.000 19.000 62.000 406.000 104.000 215.000 821.000 40.000 6,000 239.000 7734 9934 8074 7234 8234 7734 8134 8234 80 8834 6334 9934 8034 3434 9034 10134 8234 8034 101 9934 97 2634 _____ 9934 _____ 9934 ___ 99 ?4 100 10034 99 7s Sale ......... 10034 _____ 9934 ___ _____ 10034 100(4 10034 ___ 9674 9934 _____ 9734 -----88 H 90 8834 90 Sale 9934 Sale 9934 Sale Sale 49.000 10034 10034 10134 Sale 85.000 9434 Sale 98 34 Sale 643.000 9734 Sale 7834 8134 74 85 83 82 8034 10034 8234 7334 8534, 8134 8134 90 Sale 6634 10034 10034 8134 8234 Sale Sale Sale Sale 10034 9934 6834 70 7234 6334 Sale 10034 83 8334 7934 8034 87 85 68 41 9434 103 8234 82 34 10034 100 99 7834 79 34 63 34 10134 8434 8034 8634 7534 85 85 Sale 8534 9634 Sale 10234 Sale 434 Sale 334 5 5 434 334 534, 9134 Sale 9834 9834 10234 Sale 10374 Sale 9534 Sale 98 34 Sale 9734 Sale 9874 Sale 97 97 34 9134 92 106 ____ 10534 121 Sale 98 Sale 10034 102 34 97 9134 Sale 9734 96 Sale 9834 Sale 10434 Sale 10634 Sale 100 Sale 10134 Sale 9674 Sale 97 34 Sale 9034 Sale 9034 91 Sale 98 10634 ____ 100 74 Sale 10034 Sale 9634 Sale 10174 Sale 10234 Sale 1.584.000 861.000 13.000 225.000 9234 Sale 104.000 4534 Sale 63.000 46 Sale 1.282.000 9934 Sale 2.372.000 10234 Sale 606.000 100 Sale 1.627.000 13.000 45.000 Sale 262,000 85 529.000 9134 Sale 105.000 10174 Sale 97 _____ 6,000 20 Sale 5.000 22 Sale 120,000 9734 Sale 10134 Sale 9834 Sale 9834 Sale 8174 8234 10034 87 82 > 4 7734 7634 86 74 8534 75 84 8234 Sale 8134 9034 9634 Sale 6734 10034 82 34 8234 40 94 34 9534 103 34 102 34 Sale! 8334 82 34 82 74 10074 100 Sale 9974 97 74 7934 7834 8034 79 34 63 34 63 34 10334 10134 86 8434 Sale 80 87 8634 76 85 10134 4 4 9134 10234 104 9934 9834 97 34 10534 129 10034 100 9834 107 102 34 97 34 92 > 4 9734 101 97 34 103 34 10134 96 5234 53 34 49 5134 Sale 4934 Sale 10134 10074 10474 Sale 10434 97 34 9834 Sale 9934 10034 Sale 87 87 34 87 93 93 34 93 34 9034 8934 Sale 93 34 Sale 9434 10234 10134 102 99 98 74 1634 17 34 21 1734 39 74 9934 9634 9974 9534 Sale 10334 103 105 10034 10034 100 9634 93 34 9434 8734 94 78 9434 101 76 7434 9174 104 103 34 105 34 10034 Sale 105 34 Sale 100 34 Sale 10034 10034 100 Sale 9534 Sale 93 34 Sale 9534 Sale 8734 95 9334 90 8934 Sale 9434 10134 101 Sale 7534 74 75 Sale 9334 Highest. Sale Prices. Sale P rices. 10234 N ov.' 4 103 83 N ov. 4 9534 99 8034 9634 9974 Jan. 12 9834 M ay 18 June 3 10134 M ay 18 Aug. 5 8534 M ay 12 M ay 29 July 29 99 Jan. 2 103 Oct. 19 98 Apr. 97 Aug. 9934 Feb. 9934 Oct. 96 34 Jan. 28 M ay 9934 Jan. 82 34 Jan. 9634 Sept. 97 Jah. 8934 Jan. 84 Oct. 10034 10034 10134 10034 9934 35 99 74 87 34 97 Vs 9734 90 8734 Oct. Feb. June M ay Apr. Oct. Jan. N ov. July July Aug. Nov. Nov. Nov. Jan. Jan. Jan. Jan. Aug. Aug. Oct. Feb. Aug. Aug. Jan. Apr. Sept. r9234 62 9434 93 9974 98 90 10734 10454 93 10134 9354 8834 8754 Jan. 23 Jan. 8 Apr. 24 Apr. 24 July 28 Jan. 22 Apr. 24 June 4 Jan. 27 June 29 Jan. 27 Aug. 11 N or. 18 N ov. 17 Sept. 10 23 34 Oct. 9934 Jan. 9934 Nov. 9934 Jan. 10034 N ov. 16 10034 Nov. 16 100 Jan. 9334 Jan. 89 74 N ov. 89 74 N ov. 8434 Jan. 95 Jan 10034 Nov. 9934 N ov. 26 10034 10034 101 10234 102 93 54 10134 Oct. 30 M ay 3 Mar. 14 June 8 M ay 26 M ay 19 M ay 23 M ay 21 99 7s Nov. 16 9974 N ov. 16 9674 N ov. 2 97 34 N ov. 27 8634 N ov. 6 8734 N ov. 30 97 90 86 N ov. 16 9734 N ov. 13 Nov. 20 N o v .26 90 N ov. 18 8734 N ov. 18 Nov. Nov. Nov. Nov. N ov. 7834 4534 92 34 9034 9934 8534 Nov. 10434 Nov. 102 74 N ov. 85 74 10634 10334 100 N ov. 17 100 8734 Nov. 8734 Nov. 2534 Nov. 9934 Nov. 9934 Nov. 10134 Nov. 9734 N ov. 9734 Nov. 8834 8734 N ov. Nov. Nov. Nov. N ov. 6734 43 9034 8934 9834 98 Nov. 8334 103 74 Nov. Nov. 10234 92 34 N ov. 17 9934 9334 N ov. 8634 Nov. 8634 20 26 Nov. 9934 Nov. 99 74 Nov. 102 99 99 Nov. Nov. Nov. 8034 Nov. 6 8134 Nov. 10034 N ov. 1240034 N ov. Nov. Nov. 7634 Nov. 8634 N ov. Nov. Nov. 83 34 Nov. 8134 Nov. 6634 Nov. 10034 Nov. 8134 Nov. 6734 Nov. 10034 Nov. 8234 N ov. 7734 7634 8634 77 8334 8134 8134 Sale 101 Sale N ov. 14 N ov. 6 9934 N ov. 4 100 99 N ov. 4 9934 N ov. 4 7334 6734 43 43 Sale 9134 _____ 9034 99 Sale 106,000 8434 8434 8534 86 1 8534 Sale 61,000 10434 Sale 10434 Sale 10534 10634 63,000 10334 Sale 102 34 103 103 Sale 91 9234 9 1 3 4 -----9 1 3 4 ------1,000 10034 101 100 ___ 100 _____ 93 34 94 34 _____ 9634 93 34 ------15,000 8634 8874 8734 _____ 2,000 8634 8874 8734 ------14,000 2,000 9934 5,000 10034 9934 1,000 100 9534 5,000 8434 427.000 9534 Lowest. Sale Prices- 8534 83 74 N ov. 4 85 Sale 95 10034 99 34 10134 100 100 34 9734 9834 33 35 8734 97 9734 90 86 Highest. 9634 N ov. 25 9634 N ov. 25 9634 100 H Lowest. Sale Prices. Bid. 9634 101 83 34 84 9634 Sale 10234 102 74 90 95 Sale 9934 10034 Sale 9034 Sale 10134 9934 10074 101 9634 9674 Sale 3134 3874 30 Sale Sale 8634 86 ;4 9 6 3 4 ------97 9734 98 89 74 — '8534 8634 — 92 62 Sale 93 Sale R AN G E SIN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2 . 95 34 96 ____ 100 82>4 83 Baldwin Locom Wks 1st s f 5s_1940 M N 22,000 102 Sale Baraqua (Comp Azucar) 734s. 1927 J J 6.000 10034 10334 Barnsdall Corp conv 8s______1931 261,000 10234 Sale Bell Telephene o f Pa 1st 5s B ..1948 163.000 10234 Sale First & ref 5s Series C w i___ 1960 2,078,000 Bethlehem Steel 1st ext s f 5s__1926 20,000 10034 10034 1st & refund 5s gu ser A ___ 1942 M N 86,000 9334 Sale 20-year pur & imp s f 5s___ 1936 J J 125.000 9034 Sale Cons 30-year s f 6s ser A ___ 1948 F A 677.000 94 Sale Con 30-year s f 534s B ______1953 F A 226.000 8534 Sale Bing & Bing temp deb 634s___ 1950 M 8 28,000 Booth Fisheries deb 6s________ 1926 A O 8034 82 74 Botany Cons Mills 634s______ 1934 A O 306,000 Brier Hill Steel 1st 534s______ 1942 A O 81,000 9734 Sale Broadway & 7th Av 1st con 5s. 1943 J D 68,000 7334 Sale Ctfs o f dep stpd Dec '24 int_____ 23.000 72 7334 Brooklyn City R R 1st 5s_____ 1941 83.000 8734 9134 19 BONDS—STOCK EXCHANGE RECORD 94 10634 102 34 8234 8334 8234 10034 100 9934 86 8034 7834 8034 7934 64 63 34 103 34 103 8534 8434 80 81 8674 8634 Sale Sale Nov. Nov. Nov. Nov. Nov. Nov. 9574 103 34 8334 8334 10034 10034 Nov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. 8034 8034 64 103 8434 81 8634 N ov. Nov. N ov. Nov. Nov. Nov. Nov. Jan. Jan. Apr. Feb. Jan. Jan. Jan. Jan. Feb. Aug. Oct. Feb. Sept. Jan. Jan. M ay Apr. Feb. Jan. Jan. Mar. Jan. June Aug. Sept. Jan. 68 72 Jan. 6134 Aug. 10154 Oct. 8234 Feb. 77 34 Aug. 8234 Feb. 7534 Aug. 10034 9434 9434 9334 7734 9934 8134 74 8434 77 8134 8134 83 9534 6334 9834 7934 45 9034 10034 8134 7934 100 9834 9834 N ov. 5 85 Jan. 85 Nov. N ov. 103 34 N ov. 2 9434 Jan. Nov. 334 Peb. 434 N ov. 2 4 Mar. Nov. 434 N ov. 4 Nov. Sept. 9174 Nov. 11 91 N ov. 7 9834 Jan. 103 Nov, 104 N ov. 2 9434 Jan. Nov. N ov. 16 9734 Oct. 100 Nov. 99 N ov. 5 9654 Jan. Nov. Nov, 9734 N ov. 28 9134 Jan. Nov. 10634 N ov. 9 10534 Aug. Nov. 13 11534 Aug. 131 Nov. Nov. 10034 N ov. 16 98 Jan. 100 Nov. Nov. 17 9134 Jan. Nov. 9834 N ov. 6 9534 Jan. 107 N ov. 30 10354 Jan. Nov. Nov. 2 102 3 Nov. 30 9934 Jan. Nov, 9734 N ov. 14 9634 Jan. Nov. 9234 N ov. 30 8974 Jan. 99 N ov. 21 9434 May Nov. F eb. Nov. 10134 N ov. 25 100 Nov. 9754 N ov. 28 9434 Mar. Nov. 25 101 Jan. 105 Nov. Nov. 102 34 N ov. 25 10134 Nov. Nov. 9634 N ov. 23 9234 Jan. Apr. Nov. 5134 N ov. 24 44 Apr. Nov. 5234 N ov. 4 43 Nov, 10134 N ov. 14 9934 Jan. Nov. 105 74 N ov. 13 9934 Mar. Apr. Nov. 10034 N ov. 9 94 Nov, 10034 N ov. 2 ■9934 Nov. Nov. 87 34 N ov. 21 86 34 Nov. Apr. Nov, 9434 Nov. 13 91 Jan. 91 N ov. 14 85 Nov. Apr. Nov. 9434 Nov. 15 91 103 N ov. 16 10134 Jan. Nov. 9734 Jan. 17 N ov. 23 17 N ov. 9 17 Nov. 1734 N ov. 5 1534 June 3974 1734 Nov. 100 100 N ov. 23 97 34 Jan. 9934 N ov. 8534 85 102 102 4 5 4 434 Sale 91 103 10234 Sale 10334 Sale 9734 Sale 9834 Sale 9634 10574 10634 Sale 120 102 34 10034 Sale 97 Sale 98 Sale 105 Sale 10134 Sale 97 34 Sale 9034 Sale 9734 Sale 100 34 Sale 9634 Sale 10234 Sale 10134 Sale 9534 Sale 49 Sale 4934 Sale 10034 Sale 10334 Sale 97 Sale 9934 8774 8634 Sale 93 Sale 89 Sale 9334 Sale 10134 103 103 105 10034 10034 9974 95 92 34 9434 87 34 9434 93 34 Sale 8934 Sale 94 Sale 101 Sale 7534 74 Sale 93 74 9134 104 Sale Sale Sale Sale Sale Sale Sale Sale Nov. 10334 Nov. Nov. Nov. 105 Nov. 10574 Nov. Nov. 10134 Nov. Nov. 101 N ov. N ov. 10034 Nov. N ov. 9634 Nov. Nov. 94 Nov. Nov. 9634 Nov. Nov. 8834 Nov. Nov. 9434 Nov. Nov. 8934 Nov. N ov. Nov. 95 Nov. 10134 Nov. N ov. Nov. 30 77 N ov. 23 7434 Nov. Nov. N ov. 12 94 9934 Sept. 103 Jan. Oct. 10034 Mar. Oct. 100 99 74 Nov. 93 34 Aug. 90 Mar. 9334 May 85 Apr. 9234 Aug. 7034 Apr Oct. 94 Jan. 97 68 Mar. 6754 Apr. 9054 Jan. 102 20 7 18 29 20 6 24 13 30 28 31 1 18 10234 June 23 9974 June 23 99 July 10 93 74 Feb. 20 83 74 Apr. 25 10134 June 17 86 M ay 27 7734 Oct. 26 89 July 25 Aug. 3 77 8674 June 5 8534 Apr. 1 Oct. 27 90 9734 July 38 6734 M ay 23 10134 July 20 83 June 17 45 Feb. 14 96 June 13 10434 Mar. 18 8634 M ay 23 84 June 23 10154 Mar. 30 Jan. 28 101 9954 Mar. 25 81 July 15 8034 N ov. 4 67 34 Feb. 25 103 34 May 19 87 34 Feb. 3 8134 May 21 87 34 Jan. 8 8134 July 24 87 34 103 34 674 634 9174 103 10434 102 9934 9714 10834 14,131 2(10134 Jan. 9 Nov. 2 Apr. 16 Apr. 16 Nov. 11 M ay 22 Sept. 11 June 26 Feb. 13 Oct. 21 Mar. 23 N ov. 13 105 107 106 103 10134 10134 9834 94 9734 8934 96 93 9634 103 79 78 9654 Apr. 21 July 10 July 16 M ay 21 Sept. 17 Jan. 27 Sept. 8 July 6 Feb. 3 Feb. 16 M ay 28 Oct. 3 July 17 Oct. 21 June 10 June 12 July 1 Oct. 5 Nov. 17 5 9934 May 7 9 10834 May 12 2 10434 Mar. 20 97 74 M ay 23 9734 Aug. 25 115 Jan. 5 102 34 M ay 27 9834 July 14 June 1 105 102 34 N ov. 25 98 M ay 25 6334 June 12 6334 June 18 102 July 28 10574 N ov. 13 10034 Nov. 9 Oct. 22 101 9434 Mar. 10 9534 June 13 91 July 9 9434 July 7 10334 June 12 9834 May 6 26 Mar. 21 22 Jan. 2 10034 July 13 2 100 20 [V ol. 121. BONDS—STOCK EXCHANGE RECORD I Sales in » ^ I November. ;a. Par Value BONDS N. 7 . STO C K EXCHANGE. Bklyn Edison Inc gen 5s A ____1949 General 6s series B _________ 1930 Bklyn-M Tr R T Sec 6s______ 1968 Bklyn Q Co & Sub gtd 5s.........1941 1st 5s stamped_____________ 1941 Brooklyn Rapid Transit g 5s_1945 Trust co ctfs deposit_________ 1st refund conv 4s g ________ 2002 3-year secured notes 7s_____ 1921 Trust Co. ctfs deposit________ do stamped_______________ Bklyn Un El 1st g 4-5s_______ 1950 Stamped guaranteed_______ 1950 Bklyn Union Gas Co 1st g 5 s ..1945 10-year conv deb 7s________ 1932 1st 1 & ref 6s A _____________1947 Buffalo & Susq gen s f 5s_____ 1932 Bush Terminal 1st 4s________ 1952 Consol 5s___________________1955 Buildings 5s gu tax ex______ 1960 J J J J J J MN J J A O Cal G & E Corp unif & ref 5s_1937 California Petroleum 6 % s____ 1933 Camaguey Sugar sink fd 7s____ 1942 Canada Steamship Lines 7s_ 1942 _ Canadian General Electric 6 s ..1942 Central DIst Tel 1st 30-year 5S.1943 Central Foundry 1st sink fd 6s_1031 Central Leather ls t l s 6s______ 1945 Central Steel 1st sink fd 8s____1941 Chic Gas L & C 1st gu g 5s____1937 Chicago Rys 1st 5s___________1927 Chile Copper conv 6s ser A ____1932 Cine Gas & El 1st & ref 5s____1956 40-year prior lien 5% s B Jan 1961 Clearfield Bit Coal 1st 4s_____ 1940 Colo Fuel & Iron Co gen s f 5 s . .1943 Colo Indus 1st coll tr 5s gu____1934 Registered___________________ Columbia Gas & El 1st 5s_____ 1927 8tamped_____________________ Col & 9th Av 1st gu g 5s_______ 1993 Columbus Gas 1st g 5s________ 1932 Price Jan. 2 1925. Bid. Ask Bid. $ 122,000 99 % Sale 101% 94.000 103% 104% 103% 1,232,000 82% Sale 90% 34.000 66% 67 63 1,000 74 95 MN A O A O MN A O J D F A J J MN J J F A J J J J F F M M M J A J A A A N N N D O J O 6,000 5,000 12.000 47.000 30.000 54.000 A O MN MN M 3 J J M S A O M S J D J J 3 J 149.000 36.000 53.000 24.000 91.000 56.000 60.000 44.000 365.000 1,339,000 35.000 75.000 41.000 44.000 98.000 63.000 Eastern Cuba Sugar 7% s______ 1937 Ed El 111 Bkn 1st con g 4s_____1939 Ed El HI N Y 1st cons g 5s____1995 E lecPow Corp (Germany) 6 %s 1950 Elkhorn Coal conv 6% notes. .1925 Empire Gas & Fuel 1st & ref 7% s '37 Equitable Gas 1st con 5s______ 1932 Federal L & Tr 1st s f 5s______ 1942 1st lien s f 6s stm pd._______ 1942 30-year deb 6s ser B ________ 1954 Federated Metals conv 7s_____ 1939 Fisk Rubber 1st s f 8s________ 1941 Ft Smith Lt & Traction 5s____1936 Frameric Ind & Dev 20-yr 7% s 1942 Francisco Sugar 20-yr 7% s____ 1942 M J J M J M M M M J J M M J M S J J S D N S S S D D 3 S J N 379.000 5.000 30.000 99.000 3.000 570.000 6.000 37.000 60.000 24.000 70.000 96.000 5.000 97.000 13.000 Gas & Elec (Bergen Co) 5s____1949 Gen Asphalt conv s f 6s_______ 1939 Gen Baking 1st 25-yr 6s______ 1936 General Elec deb g 3 % s_______ 1942 Gen Refractories 1st 6s_______ 1952 German General Elec 7s temp.1945 Goodrich (B F) Co 1st 6% s____1947 Goodyear Tire & Rub s r 8 s ____1941 10-year deb s f 8s______ M ay 1931 Gould Coupler 1st 15-yr sf6s._1940 Granby Con M S & P 1st 6s— 1928 Stamped_____________________ Gray & Davis 1st conv s t 7 s ..1932 Gt Cons El Pow (Japan) 7s____1944 Great Falls Power 1st s f 5s____1940 Hackensack Water 1st 4s_____ 1952 Hartford Street R y 1st 4s____1930 Havana El R y Lt & P 5s______ 1954 Havana Elec R y cons g 5s_____1952 Hershey Chocolate 1st s f 6s_ 1942 _ 1st M & coll 5% s w i _______ 1940 Hoe (R) & Co 1st 6% s A ______1934 Holland Amer L 6s (flat) ______ 1947 Hudson County Gas 1st 5s____ 1949 Humble Oil & R ef 5% s_______ 1932 Illinois Bell Telep 1st & ref 5s A 1936 Illinois Steel deben 4 % s_______ 1940 Ind Nat Gas & Oil ref 5s______ 1936 Indiana Steel 1st 5s___________1952 Ingersoll Rand 1st 5s____Dec 1935 Inter-Metropolitan coll 4%s__1956 Trust Co ctfs of deposit_________ 16% stamped________________ Interboro R T 1st & ref 5s____1966 Stamped_____________________ 10-year 6% notes___________1932 10-year 7% notes___________1932 N S J D 3 1.000 36.000 83% Sale 88% Sale 83% 83% 89 Sale 99% 100% 101 Sale 1 3 5 % _____ 108% 109% 9 1 % ------94 Sale 84 Sale 87 90 86 % 86 % 91% Sale 95 Sale 97 98% J J M 3 M 3 F A MN J J A O MN MN J J J D A O MN MN J J A O J J A M J J O S 27.000 30.000 256.000 179.000 195.000 223.000 69.000 1,000 5.000 18.000 126.000 5.000 Highest. Sale Prices. Sale Prices. Sale Prices. 100% 103% 87 100 N ov. N ov. N ov. N ov. 101 % Sale 100 101 97% 100 114 101 % 76% 108% 101% 103% 82 89 83 N ov. N ov. N ov. N ov. N ov. 92% 75 Sale 100% 101 100 Sale 107% Sale 101 Sale 97% 100 100 Sale 114 115 101% Sale Sale 79 108% Sale 102 102% 103% Sale 82 90 90 Sale 85% 82% 84% 80 Sale 100% Sale Sale 100% 100% 101 Sale 101% 80 Sale 103 Sale 99% 100 94% 93 84 101% 102% 99% 107% ‘ 91% '92" 86% 97% 81% 82 80 66 69 64 89% Sale 94% 89% 90% 95 106 Sale 105% 104% Sale 105% 105% Sale 89% 92 102% ........ 100 Sale 97% Sale 9 9 % ------99% Sale 99% Sale 104 Sale 108 Sale 7 8 % ------92% Sale 104% 105 98 89% 89% 101% 190 109% 94 87% 92 98 99% 27 99% Feb. 26 4 103% Sept. 29 6 82% Jan. 2 23 61% Sept. 2 30 73% Sept. 23 98 Oct. 22 103 106 92 71 81 98 Sale 95 Sale Sale Sale 100 Sale 93% 93% 84 100% 102 99% 107% 100 87% 89 Sale 95% Sale 80 Sale 63 Sale 94% 99% Sale 105% Sale 104% 102% Sale 93 91 87% 103 100 92% 101% 92% 99 114% 93 104 98% 99% 103% 104% 84 Sale 87% 100% Sale 101 96 100% Sale 105 119% Sale 120% 108% Sale 110% 93 92 99% 98 "99% 100 92 93% 98% 91 Sale 90 101% 102 102% N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 99% N ov. 27 99% N ov. M ay 15 Sept. 2 June 23 Jan. 10 July 8 Oct. 22 101% 84% 96% 94 99% 108% 94 100 95% N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 21 100 18 74 13 95% 11 92 9 96 10 107% 19 92 4 97 10 94 Aug. Mar. N ov. Sept. Oct. July N ov. Jan. Nov. 102% 90 96% 98 102% 110 98% 101 % 99% 93% 93% Nov. Sale 93% Nov. Sale 83% Nov. Sale 100% Nov. Sale 99% Nov. 100 99% Nov. Sale 107% Nov. Sale 99% N ov. Sale 87 Nov. Sale 95% Nov. 80% 80 Nov. 64 63% Nov. Sale 93 Nov. 95 N ov. Sale 104% Nov. 105% 105 Nov. 94% 95 96 102% 102% 100% 108% 100 89 97% 82 65 95 95 105% 105% N ov. N ov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. Nov. Nov. N ov. Nov. Nov. Nov. 82% Aug. 92% Jan. 92%iSept. 75 Jan. 99% Mar. 99% Feb. 97% Mar. 106% Jan. 99% N ov. 86% Oct. 94 Aug. 79 Oct. 50 Apr. 88% Jan. 90% Jan. 104% Mar. 104 Jan. Sale Nov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. Nov. Nov. Nov. Nov. Nov. 100 89 99% 86% 97 97% 99% 88 96% 91% 98 108 76% 89% 103% Oct. July M ay Aug. June Jan. Nov. Jan. Jan. Aug. N ov. Jan. Oct. Apr. Mar. 106% 95% 103 88% Nov. N ov. N ov. Nov. N ov. N ov. N ov. Nov. N ov. Nov. Nov. N ov. N ov. Nov. N ov. 98% 101 104% 83 100 92 100% 119 108% 90% 93% 93% 92 87% 99% Jan. Jan. June Jan. Apr. July Jan. Jan. Jan. Nov. Jan. Jan. Jan. Apr. Feb. 83% 82% 85% 92% 103 98 100 % 79 98% 99% 97 92% 87% 101 99% 10 4% 10% 59% 59 61% 85 Jan. Jan. Jan. June Apr. July Jan. Jan. Jan. Jan. Jan. Jan. Jan. Aug. Jan. Feb. Aug. Mar. Mar Mar Mar. Apr. 87% 85% 95% 97% 105 M ay 12 June 20 Nov. 24 N ov. 23 June 16 June 4 Feb. 17 M ay 26 M ay 13 Mar. 26 M ay 8 M ay 27 100 N ov. N ov. N ov. N ov. 88% 81% 103 103 79 100% 96% N ov. N ov. N ov. N ov. N ov. N ov. N ov. 90 83 104% 104 81 100% 98% 101 83 95% 92% 97% 107% 92 99% 94 Nov, N ov. N ov. Nov. Nov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. Nov. N ov. Nov. Nov. Nov. 99% 104 104% 87 101 95% 104% 121 110 91 99% 100 96% 90 103% 100 103% 104% Sale 87 Sale 101 Sale 95% Sale 104% Sale 120% Sale 110 Sale 90% 101 101 101 99% 96% 96% 90% 90 103% N ov. Nov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. Nov. 100 104 104% 89 101% 96% 106% 121 111 93 101 100 97% 91 103% 8 6 % -----8 5 % ____ 92% 93 94% 95 540.000 58.000 100% Sale 45.000 79% Sale 98% 1,000 98 113.000 99% Sale 208.000 97% Sale 114,000 93% Sale 88% Sale 53,000 101% Sale 98% 11 6 10 10% 787.000 68 Sale 747.000 67% Sale Sale 308.000 73 Sale 247.000 93 99% Sale 103 Sale 85% Sale 100% 101 101% Sale 100% Sale 94% Sale 90% 91 103% Sale 9 9 % ____ 99% Sale 101% Sale 85 86 1 0 0 % _____ 101% Sale 100% Sale 94% 95% 91 91% 102% Sale 9 9 % _____ N ov. Nov. N ov. Nov. N ov. Nov. Nov. 87% N ov. 9 87% N ov. 9 92% N ov. 17 93 94% N ov. 25 95 99% 101% 84% 100% 101 99% 94% 100 103 86 100% 101% 101 95% Nov. N ov. N ov. Nov. Nov. Nov. N ov. N ov. 7 N o v .10 N ov. N ov. N ov. N ov. N ov. N ov. N ov. 6 2 4 14 10 21 12 102% N ov. 27 103% N ov. 9 13 67% 66% 69% 89% 20 2 2 22 10 6 2 28 3 13 83% 97 96 86 102% 102% 101 % 108% 100 93% 19 73% 21100% 2 103% 6 104% 105% 93 102 88 100 104 99% 96% 102 94 99% 114% 78% 93 105 16 M ay July July June N ov. Apr. N ov. M ay July Mar. 101% June 3 104% M ay 28 95% Mar. 13 Oct. 27 101 107% Feb. 3 102% Aug. 10 99% Sept. 18 101% N ov. 4 116 July 10 101% M ay 30 88 .* Mar. 4 111% Jan. 14 102% N ov. 30 105 M ay 29 82 N ov. 10 Feb. 16 93 86% Sept. 4 82 Feb. 10 102% Sept. 14 101% June 1 14 M ay 12 99% Apr. 22 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 102 92 99% Sale 87% 100% 100 Sale 102% 100 99% 92 91% Sale 100% 94 92% Sale 98 Sale 113 Sale 78 Sale 89% Sale 104% Sale Sale Sale Sale Feb. 14 98 4 100% Jan. 17 87 N ov. 2 96% Jan. 107% Mar. 2 100% Jan. 23 92% Aug. 4 97% Mar. 17 110 Apr. 30 98% Jan. 4 73% Aug. 6 105 Mar. 30 98% Feb. 14 100% Jan. Jan. 10 80 24 87% Apr. Jan. 4 80 82 Feb. 20 100 Aug. 11 100 Jan. 9% Jan. 23 98% Jan. 24 sl 77% 9 101% 5 103% 2 104% 2 92% 93 90 105 105 92% 100 % 100 72% 100 102% 104 104% 92% 102% Sale 87% 100 % 100 Sale 103 99% Sale 91% Sale 100% 93% 92% Sale 98% Sale 114% 77 78% Sale 90% 104% 104% Sale Sale 91 101% Sale Sale Sale Sale Sale 100% 101 99% Sale 123% 90 89% 102 190 110% 94 91 92 99% Apr. Apr. Apr. Aug. Mar. Jan. Apr. Jan. Jan. Jan. Aug. Apr. Jan. Jan. Feb. N ov. Aug. Feb. Jan. N ov. Feb. Jan. 8 6 % -----8 4 % -----92% 93 95 96 69 67% 71% 90 N ov. N ov. N ov. N ov. 121 30 81% 16 81% 2 99% 16 155 6 107% 2 91% 5 84 11 86% 27 93% 23 71% 2 98 24 97% 23 101% 90% 2 88% 9 78% 13 101% 4 100% 4 79 9 92% 13 90% 72% 73% 100 Sale 103% Sale 104% 106 90% 89% 91% 82% Sale Sale 104 103% 103% 78% 100% 100% 97% Sale 99% 101 101% 83% 85 96% Sale 93% 98% Sale 108% 108% 92 Sale 99% 100% 93 94 101 % 103 100 99% 100% N ov. 100% N ov. 100% 104 88% 100% 101 101 4 2 12 5 N ov. N ov. N ov. N ov. N ov. N ov N ov. N ov. N ov. 101% 97% 101% 115 101% 79% 110% 102% 104% 82 90 85% Nov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 97 100% 114% 101 79 109% 102% 103% 76% 89% 84% 80 100% 100% 72 99% 98 101% 89% 92 87 92% 89% Sale 88% N ov. Sale 8% N ov. 89 1 00% 101% 100% N ov. 135% 185% Nov. 108% Sale 108% N ov. 92% N ov 93 87% 89% 87% N ov. 91% 92 91 N ov. 97% 97% N ov. 83% 84 8 2 % ------85% Sale 93% 94 104 Sale 6.000 30,000 3,000 Lowest. Sale Prices 100% 100% 100% Sale 103% Sale 103% Sale 87% 89 88 Sale 100% Sale 100 Sale 21.000 1 0 4 % ------- MN F A FSA MN MN F A F A MN Ask Highest. Sale 102% Sale 101% N ov. 2 102% 105 104% 109 104% N ov. 9 105 90% Sale Sale 89% N ov. 24 91% 63% 64% Sale 63% Nov. 6 65 78% 77% 79 76% N ov. 17 78 _____ 95 _____ 8 8 % ------- 73 72% 73% Sale 100 Sale 98.000 Sale 102% Sale 141,000 Sale 104 104% 23.000 91% §9% 90% Sale 80 Sale 13.000 Sale 82% Sale 151.000 103% Sale 640.000 103% 103% 45.000 100% Sale 90% 81 81% 4.000 89 8.000 98% 99% 100 % 100 % 96% Sale 245.000 91 Sale 100 _____ 99% _____ 100 % 101 % 15.000 101 83 83% 52.000 77 Sale 504.000 94% 93 Sale 213.000 94 97% Sale 152.000 99% Sale 107% 108 54.000 107% Sale 92% Sale 135.000 96% Sale 99% Sale 30.000 97% Sale 94% 95% 49.000 6 ,0 0 0 Denver City Tramw 1st gold 5s 1933 Denver Gas & El 5s___________1951 Stamped_______________________ Dery (D G) Corp 1st s f 7s____1942 Detroit Edison Co 1st 5s______ 1933 1st & ref 5s Series A ____July 1940 Gen & ref 5s series A ________ 1949 1st & ref 6s Series B ____July 1940 Gen & ref 5s Ser B _________ 1955 Det United 1st cons g 4 % s____1932 Dodge Bros deb 6s int rects___1941 Dold (Jacob) Pack 1st 6s______ 1942 Dominion Iron & Steel 5s_____ 1939 Donner Steel 1st ref 20-year 7s. 1942 du Pont (E I) Powder 4% s____1936 Duquesne Lt 1st & coll 6s Ser A 1949 1st coll tr 5% s Ser B ________ 1949 M M J J J A sk. Bid. Lowest. 92 June 11 92 June 11 136% N ov. 23 136% N ov. 23 136% N ov. 23 136% N ov. 23 78.000 99% 99% 28.000 100% Sale 93% 35.000 93 55.000 96% 97% 107% 107% 17.000 100 % 100% 1,000 95% 96% 261,000 16.000 110% ------41.000 99% Sale 179,000 83% Sale 1,327,000 110% Sale 35.000 9 9 % ____ 43.000 101% Sale 1,000 77% 87 92 13.000 90 81.000 80% Sale 100% Sale 80,000 88,000 100% Sale M S 8 12 J J 1,000 99 ____ Commercial Cable 1st g 4s____2397 Q J Commercial Credit s f 6s______ 1934 M N Com'wealth Power 25-yr 6s___ 1947 M N Computing-Tab-Record s f 6s__1941 J J Conn R y & Lt 1st g 4 % s______ 1951 J J Stamped guar 4 K s _________ 1951 J J Consol Coal M d 40-yr 5s______ 1950 J D Consol Gas (N Y ) deb 5% s____1945 F A Cons Pr & Lt 1st & ref 6% s A _1943 M S Cont Paper & Bag Mills 6%8._1944 F A Consum Gas Chic 1st gu g 5s. .1936 J D _ Consumers Power 1st lien 5s_ 1952 M N Corn Prod R ef gold s f 5s______ 1931 M N 1st 25-year s f 5s___________ 1934 M N Crown Cork & Seal 1st s f 6s_ 1942 F A _ Cuba Co conv s f 6s___________1935 J J Cuba Cane Sugar conv 7s_____ 1930 J J Conv deb stamped 8 % _____ 1930 J J Ouban-Amer Sug 1st coll 8s_ 1931 M S _ Cuban Dom Sug 1st 7% s_____1944 M N Otimb T & T 1st & gen 5s_____1937 J J Cuyamel Fruit 1st 6s init ctfs_.1940 A O N ov. 30. 2,000 40.000 36.000 25.000 R AN G E S IN CE J A N . 1. PRICES I N N OVEM BER. N ov. 2. Sale Sale Sale Sale 66% 65% 68% 89% N ov. N ov. N ov. N ov. 1 25 28 28 70 68% 73 91% N ov. 2 N ov. 4 N ov. 4 N ov. Apr. July N ov. M ar. Mar. Apr. Mar. M ay M ay 13 29 13 3 6 6 2 27 26 M ay 6 M ay 15 Oct. 13 N ov. 9 Sept. 15 July 16 June 6 Apr. 18 N ov. 23 M ar. 7 Oct. 3 100 88% Feb. 14 68% Feb. 16 Sept. 9 97 95 July 10 107% M ay 25 106 Jan. 23 100% 105 100 % 96% 103 94% 107 115 82% 95% 106% Feb. 9 June 16 June 12 S ep t.18 Oct. 16 June 2 M ay 5 N ov. 19 M ay 18 July 25 Feb. 28 June 26 Aug. 7 Feb. 11 M ay 27 N ov. 20 104% Sept. 25 105% Feb. 16 90% Oct. 20 102 % Mar. 25 96% N ov. 6 106% Apr. 12 121% July 17 111 Sept. 15 95 Aug. 27 Sept. 1 101 100 % Oct. 31 97% N ov. 20 92 July 7 103% N ov. 27 100 104% 90% 100 % 102% 101 % 96% 94 104% 599% 11 7% 10% 74% 73% 81% 95 N ov. 9 Aug. 1 June 10 Oct. 2 Mar. 13 Oct. 20 June 9 Sept.) 2 July 2 June 23 June 1 M ay 15 June 6 June 23 Sept. 26 Jan. 19 July 9 M ar. 13 Feb. 9 Feb. 9 Feb. 9 Feb. 9 D ec., 1925.] BONDS N. 7 . STOCK EXCHANGE. Sales in November. Par Value. Price Jan. 2 1925. Bid. S 43.000 67 87.000 61 378.000 8854 279.000 8854 Int Agri Corp 1st & coll tr 5s. .1932 M N Stamped extended to_____ 1942 Int M erc Marine 1st s f 6 s_____ 1941 A O Intern Paper conv 5s Ser A ____1947 J J 1st & ref s f 5s Ser B ________ 1947 J J R ef 6 s ser A ------------------------ 1955 M S 702.000 Internat T & T conv deb 5 J4s .1945 M S 1,567,000 Jurgens Works 6 s (flat) _______ 1947 J J 127.000 88 Kansas City Power & Lt 5s___ 1952 M S 213.000 9614 Kansas Gas & El 1st s f 6 s_____1952 M S 119.000 9814 Kayser (Julius) & Co 7s_______ 1942 F A 70.000 102 Kelly Springfield Tire 8 s______ 1931 M N 205.000 9714 Keystone Telephone 1st 5 s____ 1935 J J 49.000 8 9 Kings Co E L & Pow g 5s_____1937 A O 1,000 10054 Purchase money 6 s_________ 1997 A O 38.000 11614 Kings Co Elevated 1st g 4s____ 1949 F A 1,000 75 Stamped guaranteed_______ 1949 F A 15.000 75 Kings Co Lighting 1st ref 5s_ 1954 J J _ 3.000 8814 1st 6 3 4 s------------------------------1954 J J 1.000 10354 Kinney (G R) Co conv 714s_ 1936 J D _ 3,000 10614 Ask. Bid. Ask. Bid. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 88 8054 8454 9314 N ov. N ov. N ov. N ov. 9754 106 99 9914 10114 10714 10314 87 103 10254 11954 78 7514 7714 7654 9914 9854 107 108 107 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. Nov. 91 8054 8514 9314 Sale 81 Sale Sale 9754 10814 9914 9954 10114 10754 10514 9014 10114 11954 7514 7654 7514 7754 90 9854 10654 109 Sale Sale 9914 Sale 102 9814 106 54 99 54 9914 10114 10714 10314 87 10214 11954 7514 76 9854 10714 10714 Sale Sale Sale Sale Sale 108 Sale Sale Sale Sale Sale Sale 84 Sale Sale 91 Sale 7814 7814 9914 10914 Sale 92 54 S354 Sale 9954 10014 10014 Sale Sale 9614 96 101 10054 Sale £5 _____ 91 5514 4214 55 11814 Sale Sale 11614 44',066 98 Sale 10054 Sale 9814 48,000 11414 Sale 11414 Sale 114 52,000 9614 Sale 9714 "9814 9414 Sale 961 ' Sale" " 263.000 91 94 91 2,000 Mid-Continent Petrol 1st 634s_1940 M 9 Midvale St & Ord conv s f 5 s .. 1936 M S Milwaukee El R y & Lt cons 5s. 1926 F A Refunding & ext 4>4s_____ 1 93 1 J J General & refunding 5s A _ 1951 J D _ 1st & ref 5s ser B __________ 1961 J D 1st & ref g 6 s series O _______ 1953 M S Milwaukee Gas Lt 1st 4s_____ 1927 M N Montana Power 1st & ref 5s A . 1943 J J M ont Tram 1st & ref A 5s_____1941 J J Morris & Co 1st s f 4 34s______ 1939 J J Mortgage-Bond Co 4s ser 2___ 1966 A O 10-20-year 5s series 3 ______ 1932 Murray Body 1st 634s________ 1934 Mutual Fuel Gas 1st gu 5s____1947 M N Mutual Union Tel 5s__________1941 M N 307,000! 398.000 14,000| 11,000! 25.000 124.000 87.000 48.000 94.000 89.000 72.000 8954 9814 9514 95 4,000 100 91 3914 27,000 11714 8514 9754 6014 5214 10154 89 9814 10414 9554 103 7214 87 Sale Sale Sale Sale 9014 Sale Sale Sale 10314 73 101 Sale 9154 10014 100 Sale 9654 Sale 97 Sale 89 Sale 10054 9814 9854 Sale 10014 Sale 9614 Sale 84 79 9714 9614 9714 97 99 Sale Sale Sale Sale 9714 Sale Sale 9914 Sale Sale 85 43.000 8514 Sale 219.000 9914 Sale 68.000 6314 Sale 6,000 5454 Sale Sale 26,000 98 7.000 84 85 Sale 131.000 99 60,000 10214 Sale 34.000 9114 92 7.000 10054 101 3.000 7 0 1 4 ------- Nassau Elec guar gold 4s_____ 1951 J J 111,000 6054 Sale 98 ------Nat Enam & Stp 1st 20-yr 5 s ..1929 J D National Acme 1st 734s_______ 1931 J D 76.000 9314 Sale National Dairy Prod 6 s w i ___ 1940 M N 89.000 Nat Starch 20-year deb 5s____1930 J J 6,000 9714 National Tube 1st 5s__________1952 M N 49.000 10014 101 Newark Con Gas 5s___________1948 J D 98 100 89.000 New England T & T 30-yr 5s__1952 J D N Y Air Brake 1st conv 6 s____1928 M N 4,000 100 Sale New Orleans P S 1st & ref 5s A.1952 A O 62.000 1st & ref 5s B _______________ 1952 J D 51.000 104 10414 N Y Dock 50-year gold 4 s ____1951 F A 11.000 7754 7854 N Y Edison 1st & ref 634s____1941 A O 63.000 11314 Sale 1st lien & ref 5s B __________ 1944 A O 1,078,000 Sale N Y Gas El Lt Ht & Pow 5 s . .. 1948 J D 47.000 102 Purchase money coll tr g 4s_ 1949 F A 70.000 8614 Sale N Y L E & W Coal & RR 534s.1942 M N 10114------N Y Queens E L & P 5s______1930 F A 9954 ------45 Sale New York Rys 1st & ref 4s____1942 J J Trust Co certfs o f deposit_______ 4414 Sale Adjustment income 5s, Jan 1942 A O 414 Sale 22,000 Trust Co certfs o f deposit 4 414 14,000 N Y Rys Corp inc 6 s Jan 1965 A p r 552,000 N Y & Rich Gas 1st 6 s A ______ 1952 M N Sale 8 000 100 Sale N Y State Rys 1st cons 434S..1962 M N 71 000 67 Registered_________________ . M N 1st con 6 34s ser B __________ 1962 M N 9 000 _____ 89 New York Steam 1st 6 s_______ 1947 M N 11 000 9754 Sale N Y Tel 1st & gen s f 434s____ 1939 M N 208 000 9614 Sale 30-year debenture 6 s_______ 1949 62 000 108 Sale 20-year refunding 6 s gold___ 1941 129 000 10614 Sale Niagara Falls Power 1st 5s____ 1932 10 000 105 Sale Refunding & gen 6 s____Jan 1932 10 000 10154 Sale Niag Lock & Ont Pow 1st 5s A . 1955 147 000 N o Amer Cement deb 634s A ..1940 871.000 North Amer Edison Co 6 s A . .1952 138 000 9714 Sale Sale Sec s f g 634s series B _______ 1948 73 000 101 Nor Ohio Trac & Lt gen & ref 6 s 1947 77,000 9214 9234 North States Power 5s A _____1941 A O 129.000 9314 Sale Registered_________________ A O 1st & ref 6 s series B ________ 1941 A O 120,000 104 105 Northwest Teleg 1st 434s_____ 1934 J J 9 4 14-----Ohio Public Serv 1st & ref 7 34s. 1946 3 000 11014 1st & ref 7s series B ________ 1947 43 000 10714 Ohio River Edison 1st 6 s_____1948 74 000 9714 Old Ben Coal 1st g 6 s________ 1944 25 000 9714 Ontario Power N F 1st 5s_____ 1943 37 000 Ontario Transmission 1st 5s___1945 M N 2 . 000 Otis Steel 1st 20-year 8 s ______ 1941 19 0 0 0 99 1st 25-year s f 734s series B ..19 47 51 000 9114 Pacific G & E gen & ref 5s____1942 238 000 9314 Pacific Pow & Lt 1st & ref 5 s ..1930 64 000 9814 Pacific Tel & Tel 1st 5s_______ 1937 67 000 9914 30-year 5s series A _________ 1952 M N 330 000 93 Pan-Am Pet & T 1st lien 7s_ 1930 F A _ 91 000 10454 Conv sinking fund 6 s_______ 1934 M N 2,096 000 103 Park-Lexington leasehold 634s.1953 J J 28 000 9614 Paterson & Passaic G & E 5 s ..1949 M S 7 000 97 People’s Gas & Coke 1st 6 s___ 1943 A O 5 000 107 Refunding gold 5s___________1947 M S 78 000 9454 Phila Company 1st & ref 6 s___1944 F A 121 000 10154 15-year conv deb 534s______ 1938 M S 150 000 9354 Phila & Read C & I ref 5s_____1973 J J 115 000 10054 Pierce Arrow deb 8 s___________1943 M S 61 000 9614 Pierce Oil Corp s f 8 s_________ 1931 J D 9 000 10314 Pillsbury Flour Mills 20-yr 6 s. 1943 A O 17; 000 9954 Pleasant Valley Coal 1st 5s___1928 5, 000 97 Pocahontas Con Coll 1st s f 5s. 1957 5 000 9314 Port Arthur Canal & Dock 6 s. .1953 26, 000, 9914 1st mtge 6 s Series B ________ 1953 Portland Elec Pow 1st 6 s ser B_1947l M N 58,000' Ask. 89 8054 Sale Sale 19.000 75.000 701.000 8714 10014 95 96 8414 99 9714 98 9414 7814 7634 14.000 9514 63.000 94 3,000 9514 Lowest. N ov. 30. 88 7914 8514 9314 70 Sale Sale Sale R AN G E SIN CE J A N . 1. PRICES I N N OVEM BER . N ov. 2. Lackaw Steel 1st cons 5s Ser A . 1950 M S Laclede Gas L ref & ext 1st 5s_1934 Coll & ref 534s Series C _____ 1953 Lehigh Coal & N av 434s______ 1954 Lehigh Valley Coal 1st 5s_____ 1933 1st 40-yr gu int red to 4 % _ 1933 _ Lex Av & Pav F ’y 1st gu g 5s. .1993 M S Liggett & Myers Tobacco 7s___1944 Registered________________ 5s------------1951 Registered)___________________ Lorillard (P) Co 7s____________1944 Registered________________ 5s--------------------1951 Registered___________________ Louisv Gas & El 1st & ref 5 s . .. 1952 M N Louisville R y 1st cons 5s______ 1930 J J Lower Austrian Hydro-Elec Co— 1st s f 634s_________________ 1944 F A Manati Sugar 1st s f 734s______ 1942 A O Manhattan R y (N Y ) con g 4s. 1990 A O 2d 4s__________ 2013 J D Manila Electric 1st ref 7s______ 1942 M N Manila El R y & Lt 1st 5s______ 1953 M S Market St R y 1st 7s_____Apr 1940 Metropolitan Edison 1st 6 s B __1952 r i 1st & ref 5s Series C ________ 1953 j j Metropolitan Power 1st 6 s A . .1953 J D M et West Side Elev (Chicago) 4s ’38 F A 21 BONDS—STOCK EXCHANGE RECORD Sale Sale 100 60 Sale 96 Sale 9814 10154 10054 10054 10354 91 91 10354 11414 Sale Sale Sale 107 Sale Sale 107 Sale Sale 101 10354 10314 Sale 9314 9354 9914 Sale Sale 101 98 100 10054 95 91 4114 55 Sale 119 11614 10014 Sale 9814 11514 Sale 114 9754 Sale 9414 9714 Sale 95 89 166 Nov. 11414 Nov. 9714 N ov 9654 Nov. 91 N ov. 87 Sale Sale 53 94 N ov. 7 10014 N ov. 13 10134 N ov. 30 N ov. 9 3914 N ov. 30 116 115 10114 Nov. 10 9754 9734 116 N ov. 7 11414 11334 98 N ov. 5 9454 9614 9854 Nov. 12 9054 91 Nov. 23 91 Nov Nov Nov Nov Nov Nov Nov Nov N ov Nov Nov N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. 102 9214 N ov. N ov. 100 9654 N ov. 9834 N ov. 90 N ov. 10154 N ov. 9914 N ov. 10054 N ov. 9734 N ov. 8534 N ov. 5814 9954 98 9814 9854 10214 10154 101 84 103 Sale Sale Sale 104 Sale Sale 10114 10354 9354 97 Sale Sale Sale Sale Sale Sale 86 8514 97 5714 51 9714 85 9714 10134 9114 100 6834 10154 107 Sale Sale Sale Sale Sale Sale 10214 48 4814 414 514 Sale 101 Sale 105 95 Sale 96 11214 Sale 111 10234 Sale 9734 Sale 100 10034 9314 93 54 104 10414 100 34 Sale 9734 Sale 9914 Sale 10154 10154 9834 Sale 10634 Sale 10934 Sale 9214 93 99 34 11014 99 98 103 54 Sale 9814 Sale Sale 101 10634 Sale 104 106 Sale 102 9714 9851 9034 92 10114 10134 100 Sale 91 8134 9134 95 N ov. N ov. Feb. Oct. 21 10 4 22 99 N ov. 14 10934 Oct. 15 10734 Aug. 7 Oct. 30 102 10314 M ay 26 10834 N ov. 18 Sept. 24 109 9214 July 10 103 June 17 12014 June 1 7934 July 17 July 1 80 10114 Apr. 20 10834 July 6 Sept. 3 109 Jan. 2 9454 Jan. 12 10134 Jan. 3 102 Jan. 9 10014 Aug. 4 10114 M ar. M ay June Feb. June 10 23 1 25 12 Apr. Mar. Oct. Jan. Aug. Jan. Aug. Aug. Sept. Jan. N ov. 4434 12054 11754 10234 98 11754 11554 9834 9614 9934 9314 July 27 June 24 Mar. 11 Sept. 5 Oct. 20 M ar. 26 Oct. 6 Oct. 26 Sept. 25 June 5 July 3 May Oct. Apr. Mar. Jan. Jan. Apr. Feb. Jan. Aug. July 8614 102 64 5614 103 92 10214 10614 97 104 80 Feb. 11 Feb. 10 Feb. 9 Aug. 15 N ov. 24 Apr. 14 S ep t.21 June 27 M ay 29 Apr. 24 Mar. 5 Apr. Jan. Sept. Sept. Mar. Jan. Mar. Jan. Apr. Jan. Jan. Mar. Jan. 88 N ov. 9534 Jan. 99 Feb. 102 N ov. 13 9314 M ay 25 10134 Apr. 21 Oct. 1 97 100 M ay 29 92 34 M ay 27 104 M ay 25 9954 July 16 10054 N ov. 13 9814 June 1 Sept. 24 87 77 34 Mar. 24 97 34 June 8 10034 June 13 9814 July 9 102 N ov. 25 5734 Apr. 9734 Feb. 12 80 Apr. 27 9834 Nov. 2 98 Jan. 6 10014 Sept. 9834 Mar. 10014 Nov. 101 N ov. 4 9934 Mar. 103 34 Nov. 10414 N ov. 13 101 34 June 8954 Nov. 91! N ov. 17 8954 Nov. 8934 N ov. 91; N ov. 5 8834 Oct. 82 N ov. 28 7754 Jan. 7934 N ov. 11414 N ov. 115 N ov. 3t; 112 Mar. 101 N ov. N ov. 27 9954 Apr. 102 i 6354 N ov. 10354 N ov. 13 10034 Jan. Jan. 90 N ov. 12 8 6 8854 N ov. 10014 Apr. 9914 Feb. 45 Jan. 4254 Jan. 3 54 Nov. 354 N ov. 534 N ov. 4 3 34 Nov. 414 N ov. 12 334 Nov. 2814 N ov. 2 23 34 Nov. 2314 N ov. 101 N ov. 4 9934 Jan. 10034 N ov. 5854 Nov. 6034 N ov. 5 58 Aug. 63 Mar. N ov. 5 7954 Sept. 81 Nov. 18 83 10234 Nov. 5 103 N ov. 14 9734 Jan. Feb. 9714 Nov. 9754 Nov. 28 95 10934 N ov. 10154 N ov. 6 107 34 Jan. 10654 Nov. 10734 N ov. 13 10634 Aug. 101 N ov. 103 N ov. 12 9934 July 10354 Jan. 10514 N ov. 10654 Nov. N o v .10 9714 Aug. 99 9854 N ov. 9734 N ov. 10214 N ov. 16 9714 N ov. 10134 Nov. 10214 Nov. 18 9634 Jan. 103 54 N ov. 10454 N ov. 16 10054 Jan. Sept. 9354 Nov. 95 54 Nov. 16 91 Jan. 9634 Nov. 97 34 N ov. 18 93 9314 Jan. 10454 N ov. 5 10514 N ov. 9 103 Apr. 9454 Jan. June 17 Apr. 28 N ov. 12 N ov. 27 Feb. 3 May 18 June 26 M ay 27 102 10414 Mar. 13 Sept. 8 92 9254 Oct. 26 82 N ov. 28 11514 May 23 102 June 1 10414 M ay 20 9054 June 8 10034 Apr. 22 Oct. 19 101 5434 Feb. 14 54 Feb. 11 6 Feb. 11 554 Feb. 13 3254 M ay 11 10234 July 1 6814 Jan. 6 63 Mar. 25 9034 Jan. 8 104 June 9 99 June 25 11054 June 18 10834 June 4 103 June 12 10654 N ov. 91 May 23 100 102 34 N ov. 16 102 34 N ov. 18 106 June 18 M ay 23 97 9914 M ay 22 9314 Jan. 22 10714 Mar. 23 98 M ay 28 10054 9114 100 9654 9734 8854 10134 9854 100 9554 84 9614 N ov. 88 Nov. 99 96 9814 100 9834 10214 10154 105 9854 10034 10114 10454 9414 9754 101 Mar. 2 Jan. 2 Aug. 4 Mar. 23 13 14 2 27 30 9 14 17 13 6 27 97 N ov. 27 9734 N ov. 2 N ov. 11 102 N ov. 25 9514 8714 9934 9434 94 84 34 9854 9634 9734 94 7814 77 9554 64 99*4 99 9854 9954 103 101 5914 5954 N ov. 20 6154 N ov. 16 82 Sale 10214 Sale Sale Sale 106 Sale Sale Sale Sale Sale Sale 80 10214 10254 10954 107 8954 9834 9514 9554 9954 119 10114 Sale Sale 92 10014 9654 Sale 9814 Sale 89 54 Sale 10114 Sale 9814 Sale 100 10014 9654 9614 84 54 Sale 80 9654 9714 Sale 88 9814 9914 100 67 61 8254 8714 99 N ov. 14 95 Aug. 10834 N ov. 2 10114 Aug. 88 Jan. 9554 Jan. 10254 N ov. 7 9814 Jan. 10814 N ov. 18 10134 Jan. 10534 N ov. 11 90 Mar. 9034 N ov. 5 82 Jan. 10254 N ov. 16 99 Aug. 120 N ov. 12 11414 Feb. 7534 N ov. 23 75 Jan. 77 N ov. 18 74 M ay 99 34 Nov. la 89 Jan. 107 N ov. 20 10354 Jan. 10814 N ov. 9 10454 July 9834 6034 5314 103 89 99 10414 9654 103 34 73 83 10214 9714 10914 107 102 106 9854 11054 11114 11254 108 11014 Sale Sale 9734 102 Sale 97 9754 Sale 9954 1 0 0 99 9954 Sale 10514 Sale Sale 100 10054 Sale 9614 Sale Sale 9954 9954 Sale 101J4 Sale Sale Sale 98 Sale 10514 Sale Sale Sale 109 Sale 9314 94 9914 108 11014 9514 9814 Sale Sale 10334 Sale Sale Sale 98 Sale 100 10014 Sale Sale 107 Sale 104 106 Sale 10014 10154 98 9754 9814 94 8914 92 100 101M Sale 101 10254 9954 Sale Nov. 11 10 7 14 100 N ov. 13 10014 N ov. 21 10054 N ov. 21 101 118 N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. NoV. Nov. N ov. N ov. N ov. 98 5954 5214 10154 89 9814 103 9554 5054 50 454 454 2754 10014 6014 10434 Sale 95 96 91 8114 87 95 8534 9714 5954 5214 IOI34 9014 89 Sale 98 104 10334 9614 9554 Sale 102 102 7234 7214 73 86 10314 90 8914 82 115 10154 10314 8814 9714 9954 5314 3614 53 48 7 314 -, 514 24 Sale Sale 10014 Sale 5854 100 93 N ov. 9954 N ov. 100 Nov. 11 4 2 2 Nov. Nov. Nov. Nov. 11154 Nov. 110 Nov. 102 Nov. 9734 Nov. 9914 Nov. 99 N ov. 104 Nov. 100 N ov. 9654 Nov. 99 34 Nov. 10114 Nov. 9714 N ov. 10514 Nov. 16754 Nov. 9234 N ov. 9914 Nov. 110 Nov. 9754 Nov. 103 34 Nov. 9754 Nov. 9954 Nov. 10614 Nov. 104 Nov. 10034 N ov. 9754 Nov. 9134 N ov. 101 Nov. 99 9854 98Vs 103 N ov. N ov. N ov. N ov. 12 108 Jan. 13 10754 Jan. 12 9834 Jan. 9 96 July Feb. 14 98 17 97 Jan. 4 9554 Mar. 7 8954 Mar. 2o 9334 Jan. 21 98 Jan. 21 9934 Feb. 13 9234 Jan. 30 10434 Jan. 103 Jan. 9 91 July 19 96 Mar. 21 107 Jan. 14 9454 Jan. 10 10154 Jan. 14 9354 Jan. 30 99 Aug. 5 90 Mar. 13 10254 Jan. 20 9954 Jan. 23 97 Jan. Aug. 9 88 13 9914 Jan. 10014 July A At\* i N ov. 9 Q 985-4 Nov. 16 100 M ay 20 M ay 21 M ay 14 Feb. 2.9 May 13 July 17 Aug. 31 Aug. 31 June 6 May 23 100 102 M ay 20 10014 June 1 107 June 2 11854 Mar. 3 99 June 11 100 34 M ay 26 11054 July 7 100 July 17 Feb. 16 105 M ay 27 100 10214 M ay 22 108 N ov. 5 M ay 1 107 10254 M ay 27 9834 Mar. 7 9434 June 2 10254 June 24 102 June 13 on O 10014 Q f O 11254 11134 104 99 10054 9954 106 10114 99 N ov. N ov. N ov. N ov. N ov. 100 9954 N ov. 106 N ov. 10054 N ov. N ov. 98 100 N ov. 10154 N ov. Q Q N ov. 10614 N ov. 110 Nov. 9414 N ov. 9914 N ov. 11014 N ov. 99 54 N ov. 10454 N ov. 9854 Nov. 101 N ov. 108 Nov. 10414 N ov. 102 N ov. 9754 Nov. 9134 N ov. 10134 N ov. 11214 11114 10254 97 54 6 22 [V ol. 121. BONDS N. T . STOCK EXCHANGE. Interest Period BONDS-STOCK EXCHANGE EECOED Sales in November. Par Value. $ 9,000 4,000 30,000 40,000 51,000 10,000 80,000 1,000 30,000 6,000 220,000 271,000 122,000 101,000 93,000 Price Jan. 2 1925. Portland Gen Elec 1st 5s_____1935 Portland R y 1st & ref 5s______ 1930 Portland R y, L & P conv 5s___1942 1st lien & ref 6s series B ____1947 1st & ref 7J^s series A ______ 1946 Porto Rico Amer Tobacco 8s__1931 Pressed Steel Car 10-year 5s_ 1933 _ Prod & R ef 8s with warrants_1931 Without warrants_______________ Public Serv Corp N J gen 50-yr 5s’59 Secured gold 6s_____________ 1944 Public Serv E & G 1st 5)6s____1959 1st & ref 5 K s _________ 1964 Public Service Elec Lt s f g 6s __ 1948 Punta Alegre Sugar 1st conv 7s_ 1937 J J MN F A MN 1 N W M N J J J 1) J I) A O F A A O A O A O J J Remington Arms 1st s f 6s____1937 Republic Iron & Steel s f 5s_ 1940 _ R ef & gen 5 54s A __________ 1953 RIma Steel 1st 7s_____________ 1955 Robbins & Myers 1st s f 7s____1942 Rochester Gas & El 7s ser B ..19 46 Gen Mtge 554s series C _____ 1948 Rogers-Brown Iron 7s________ 1942 St Joseph R y, L H & P 1st 5s_.1937 St Joseph Stock Yards 1st 4 54s _ 1930 St L Rky M t & Pac 5s stamped .1955 St Louis Tran gu imp 5s______ 1924 St Paul City R y Cable 5s_____ 1937 Saxon Pub Wks (Germany) 7s. 1945 Saks & Co 7s__________________1942 San Antonio Public Serv 6s___1952 Sharon Steel Hoop 1st 8s_____ 1941 Sheffield Farms 1st & ref 6 54s_ 1942 Sierra & San Fran Power 1st 5s_1949 Sinclair Cons Oil 1st lien 7s_ 1937 _ 1st lien 6s C with warrants..1927 1st lien coll 654 s B __________1938 Sinclair Crude Oil Purch 6s A . .1928 3-year 6%-notes B ..F e b . 15 1926 Sinclair Pipe Line 20-year 5 s..l9 4 2 Skelly Oil 6% notes___________1927 Smith (A O) Corp 1st 654s____1933 So Porto Rico Sugar s f 7 s _ 1941 _ South Bell T & T 1st s f 5s____1941 Southw Bell Telep 1st & ref 5s. 1954 Southern Colorado Power 1st g 6s’47 Spring Valley Water g 5s_____ 1948 Standard Milling 1st 5s_______ 1930 Steel & Tube gen s f 7s ser C ..1951 Sugar Estates Oriente 7s_____ 1942 Superior Oil 1st s f 7s________ 1929 Syracuse Lighting Co 1st g 5s. 1951 64,000 9054 Sale MN 8654 Sale 127,000 9454 Sale A O Sale 96 185,000 9254 Sale J J 9354 Sale 158,000 F A Sale 90 33,000 66 .7 n 70 5754 64 11,000 111 M S 11154 31,000 M S 103 103 54 80,000 8154 83 Sale MN 65 25,000 85 MN 8654 91 9154 5,000 95 J J 96 98 9754 44,000 78 J J 7954 7954 80 A O 74 Sale 7154 J J 95 9654 9554 100 F A 281,000 Sale 94 9,000 107 Sale M S 106 107 4,000 9954 Sale J J 93 54 93 54 M S 9,000 106 Sale 10654 10754 34,000 105 Sale A O 10454 107 54 F A 51,000 90 Sale 9054 Sale 405,000 88 Sale M S 9254 Sale T D 1,661,000 10554 Sale 175,000 83 ,T l> Sale Sale 87 F A 394,000 9954 Sale 100 54 Sale 101,000 9954 9954 10054 Sale F A A O 283,000 82 Sale 8454 Sale A O 3,036,000 10854 Sale 11454 Sale MN 11,000 40,000 102 10254 10554 Sale J 15 62,000 9654 Sale J .T 10154 Sale 496,000 9654 Sale F A 9954 Sale 56,000 94 Sale J J 9954 Sale MN 97 9754 9754 99 54 50,000 100 10054 97 54 Sale MN 36,000 105 10554 10754 108 J J 22,000 9654 Sale M S 8754 Sale 8,000 98 FA 1 5 9954 97 9754 4,000 9654 98 J D 10054 Tenn Coal, Iron & R R gen 5S..1951 Tennessee Copper 1st conv 6s_1925 Tenn Elec Power 1st & ref 6S..1947 Third Ave 1st ref 4 s __________1960 Adjustment income 5s..Jan 1960 Third Ave R R 1st gold 5s_____1937 Tide Water Oil 10-yr g 654S--.1931 Toledo Edison 1st g 7s_______ 1941 Toledo Tr, L & P 554% n o te s ..1930 Trenton Gas & Elec 1st 5s____1949 Trumbull Steel deb 6s w i _____ 1940 Twenty-third St R y imp & ref 5s '62 Undergr’d o f London 454s_____ 1933 Income 6s__________________ 1948 Union Bag & Pap 1st 6s______ 1942 Union El L & P 1st g 5s...........1 932 Refunding 5s_______________ 1933 1st gold 554s series A _______ 1954 Union Elev Ry Chic 1st 5s____1945 Union Oil Cal 1st 1 5s..................1931 30-yr6sS erA _________ M ay 1942 First lien s f5 s S e r C ________ 1935 Union Tank Car equip 7s_____ 1930 J .T MN j n j j A O J J F A M S .T J M S F A J J J J .T J MN M S MN .1 J A O J J F A A O F A United Drug g 6s_____________ 1944 United Fuel Gas 1st s f 6s_____ 1936 Un Rys Inv 5s Pitts iss_______ 1926 Stamped________________________ United Rys St L 1st g 4s_____ 1934 United Steamship 15-yr 6s____ 1937 United Stores Realty 6s_______ 1942 U S Rubber 1st & ref 5s Ser A . 1947 10-year 7)4s........ 1930 U S Smelt R ef & M conv 6s_ 1926 _ U S Steel Corp s f g 5s_ Apr 1963 _ Registered________________ A O .T J MN J J MN A O J J F A F A MN A Utah Power & Lt 1st 5s_______ 1944 F Utica Elec Lt & Pr 1st 5s____ 1950 J Utica G & El ref & ext 5s____ 1957 J Victor Fuel 1st s f 5s_________ 1953 J Va-Car Chem 1st 7s___________1947 J Certificates o f deposit__________ Certfs of dep stamped__________ Stamped as to payment of 40% 1st 7s------------------------------1947 Certificates of deposit______ 3Ctfs iof deposit stamped I ,' T" * '4 754s TTtV &IT,4V l, ♦ ,TnM*n with without war’ts_.1937 J Ctfs o f dep without warrants . . J Ctfs o f dep with warrants_____ J Va Iron, Coal & Coke 1st g 5 s .1949 M Virginia R y & Pow 1st 5s_____1934 J Vertientes Sugar 1st s f 7s____1942 J Warner Sugar Ref 1st 7s______ 1941 J Warner Sugar Corp 1st 7s_____ 1939 J Wash Wat Pow 1st 30-yr 5s_ 1939 J _ O A J J ,T D Westchester Light gold 5s_____ 1950 J D West K y Coal 1st 7s__________1944 M N West Penn Pow 1st 5s Ser A ___1946 M S 1st 30-year 7s Ser D _______ 1946 F A 1st 5s Series E ______________ 1963 M S Temporary 5s Ser E ________ 1963 M S 1st g 5 54s Ser F _____________1953 A O West Va Coal & Coke 1st 6S..1950 J J Western Electric deb 5s_______ 1944 A O J J Fund & real est 4 54s g ______1950 M N 15-year 6 5 4 s g ----------------------1936 F A Westinghouse E & M 7s______ 1931 M N Wickwire-Spencer Steel 1st 7s .1935 J J MN Certificates o f deposit________ MN Certificates of deposit stamped . Wickwire Sp Steel Co 7s..Jan 1935 M N Willys-Overland 1st s f g______ 1933 M S Wilson & Co 1st s f 6s________ 1941 A O Registered_________________ A <) 10-year conv s f 6s__________1928 J D Certificates o f deposit________ 10-year conv s f 754s________1931 F A Certificates o f deposit________ Winchester Rep Arms 7 54s____ 1941 A O Voungs’n Sheet & Tube 6s____ 1943. J J a On the basis o f $5 to the £ sterling. f Flat price. Cash sales as follows: l Cash 10554 Sale 10054 Sale 9454 Sale 114 116 111 10954 Sale 10454 10454 105 9954 Sale 99 Sale 103 54 Sale 10354 Sale 10354 Sale 10554 Sale 103 Sale 10354 104 39,000 10254 101 9954 55 4854 95 10254 93,000 10854 68,000 2,000 9754 206,000 83,000 540,000 1,000 2,000 6754 8854 85 734,000 9554 11,000 10054 11.000 9854 38,000 4,000 — 14,000 9954 31,000 10254 37,000 10354 52,000 55,000 ,98 37,000 100 31,000 100 77,000 7454 18,000 9154 17,000 103 735,000 8554 164,000 10454 77,000 10154 476,000 10454 11,000 100,000 8354 68,000 91 9954 10,000 9854 50 35.000 74 13.000 ........ 4454 Sale ------10354 Sale Sale Sale Sale Sale Sale 170,000 314,000 1,000 155,000 26,000 88,000 53,000 1,000 10254 Sale 10254 5654 3954 9354 10854 109 98 98 Sale -----____ 96 Sale Sale 6154 92 54 9154 103 54 10054 9954 102 7554 79 100 ......... 10254 103 9454 Sale Sale Sale Sale 9454 109 Sale 9854 102 10654 103 54 9454 109 54 10454 9954 10354 103 54 10654 106 8754 97 93 9054 58 11254 104 54 79 9254 9554 7754 71 9554 9354 109 10154 10754 106 9154 94 54 10354 87 10054 10054 86)4 122 54 10154 10654 10054 9854 9854 9754 107'54 89 54 9454 9954 Ask. 9954 9454 Sale Sale 10654 105 9454 109 110 105 Sale Sale Sale 10654 Sale 88 Sale Sale Sale 62 Sale Sale Sale Sale Sale Prices. Sale Prices. N ov. 2 99 54 N ov. 16 100 9454 8854 9854 10554 10554 9454 109 10954 10454 9954 103 54 103 54 10554 10354 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 86 9554 93 90 60 I ll 10354 65 91 96 7754 Nov. Nov. Nov. N ov. N ov. N ov. N ov. Nov. Nov. N ov. Nov. 100 Sale 10954 Sale Sale 107 Sale Sale Sale 8754 Sale Sale Sale Sale 10254 Sale 9254 107 10154 107 10454 90 9254 103 54 8654 10054 10054 8454 11454 10154 10554 10154 Sale 9954 9854 98 98 Vs Sale 9654 Sale 10754 Sale 8754 Sale 9454 10154 9954 6654 58 9554 9154 Sale 103 54 101 10154 Sale 100 Sale 101 7954 7854 10054 100 Sale 10354 9554 95 Sale Sale Sale Sale 9454 Sale 98 10354 10954 98)4 9954 6654 60 96 Sale 10154 Sale Sale 79 10054 104 Sale 22,000 100 48.000 101,000 9654 Sale 37,000 106 Sale 198,000 9354 Sale 10154 101 9954 10654 9854 38.000 10054 Sale 42,000 241.000 9854 Sale 27.000 9954 10054 64,000 9954 10054 36,000 11054 Sale 180,000 Sale 9,000 77 Sale 7554 7654 10354 8754 10054 10154 9754 111 10654 76 7054 6,000 64,000 100 Sale 141,000 9154 Sale Sale Sale Sale ____ Sale 104 Sale Sale Sale Sale Sale Sale 77 90 77 75 7554 10254 Sale 9854 Sale 23,000 5554 Sale 6854 70 143,000 5654 Sale 51,000 54 54 Sale 6754 290,000 54 Sale 67 54 27,000 10154 Sale 101 54 368.000 95 54 Sale 10154 c First installment paid. sale April 8, 5854: m Mar. 10154 101 9954 10654 9954 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nav. N ov. N ov. N ov. 10454 July 31 Aug. 24 103 10054 Feb. 6 10054 Feb. 3 7454 Jan. 2 9554 Jan. 16 Apr. 2 105 92 54 N ov. 14 108 July 21 Jan. 13 102 10654 Aug. 25 10654 Sept. 8 9154 M ay 27 9854 M ay 4 Sept. 21 102 Aug. 25 103 58 Oct. 11 10454 Oct. 23 10554 N ov. 18 10254 Oct. 21 N ov. 9 10454 N ov. 16 N ov. 10 10454 N ov. 2 10354 Sale Sale 104 9154 97 Sale 98 89 88 Sale 95 7854 Sale 10154 Sept. 9 103 102 Jan. 20 104 54 M ay 25 5854 Feb. 9 5054 Feb. 9 Feb. 11 96 10454 Jan. 12 Feb. 27 110 10054 Sept 18 100 July 23 97 54 July 30 Jan. 13 70 Sept. 30 95 Oct. 21 92 N ov. 15 105 102 July 17 M ay 18 101 M ay 11 104 Oct. 31 80 Sept. 15 101 10554 July 7 9554 N ov. 27 10554 Feb. 18 Nov. Nov. Nov. Nov. Nov. Nov. N ov. N ov. Nov. Nov. Nov. N ov. Nov. N ov. 104 Sale 96 54 Sale 9654 Sale 105 10154 103 103 100 10254 7954 10054 103 54 9554 16 4 9 2 13 13 10 14 2 5 4 27 21 12 100)4 Jan. 98 Jan. 99 M ar. 9954 Apr. 67)4 Oct. 91 Jan. 102)4 Feb. 85 Jau 104 54 Ap. 10054 Nov. 104 54 Jan. 103 54 Jan. 8354 Jan. 91 Jan. 10054 Aug. N ov. 20 10254 N ov. 5 9854 Jan. 53 Jan. Jan. N ov. 10454 N ov. 18 73 10554 N ov. 18 7154 Jan. Nov. 68 Jan. 10454 103 100 100 73 9454 103 54 92 54 10754 10054 10554 10454 8854 9554 9254 N ov. 11 99 89 N ov. 14 100 9154 9754 86 92 76 10054 9854 Jan. 2 100 54 M ay 29 9254 Jan. 16 9654 Apr. 17 M ay 29 8454 Jan. 2 92 94 Jan. 5 10054 June 1 Sept. 11 10454 Oct. 26 108 Feb. 9 May 12 106 101 Mar. 2 92 54 July 15 97 104 Jan. 12 11554 Jan. 15 10954 Oct. 19 11354 July 13 103 54 July 28 10554 July 1 Sept. 24 95 Jan. 12 100 9854 Jan. 2 10554 July 6 99 54 Apr. 22 105 June 5 10254 Jan. 7 10754 June 12 10254 Jan. 6 107 54 June 25 N ov. 27 10054 Feb. 9954 Aug. N ov. 9 9954 Jan. Apr. N ov. 2 51 N ov. 30 34 54 Apr. N ov. 30 93 54 N ov. 101 54 Aug. N ov. 6 108 5s July N ov. 4 9754 N ov. Feb. N ov. 21 98 97 Sept. N ov. 27 60 N ov. 89 Jan. 8654 Feb. N ov. 25 9454 Jan. N ov. 27 9954 Jan. N ov. 18 9854 Jan. N ov. 7 100 Mar. N ov. 9 75 Feb. N ov. 24 9454 Oct. N ov. 16 10254 Jan. N ov. 27 9454 Oct. 101 Aug. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. Nov. Nov. Nov. 8754 Sale 9454 Sale 10154_____ 10154_____ 58 63 10454 10454 10454 104 54 10454 10454 103 54 103 99 54 99 54 7254 9454 103 54 9054 10754 10054 105 N ov. 27 60 Sale Prices. Jan. 28 92 June 11 98 95 N ov. 13 9054 N ov. 20 73 54 Jan. 29 11254 Nov. 16 105)4 June 16 8354 Jan. 19 Nov. 7 93 Sept. 9 96 87 July 10 8654 Aug. 11 97 Apr. 18 9454 Oct. 23 109 July 16 104 June 26 107 V Feb. 26 4 107 54 M ay 27 9554 May 29 9554 Feb. 2 120 Feb. 3 9054 Feb. 3 Feb. 6 101 10154 Jan. 16 M ay 23 88 12754 Nov. 14 102 54 Nov. 25 106 54 Nov. 14 10254 M ay 13 10154 May 15 9954 June 24 9854 Oct. 29 July 28 101 10854 Oct. 8 97 54 Jan. 15 99 Feb. 16 10154 Oct. 31 102 10054 9954 10054 79 10054 10254 9454 Sale Sale ------------53 Sale 71 Sale Sale 96 9654 97 Sale 88 Sale Sale 9954 108 90 9754 100 Nov. Nov. N ov. Nov. Nov. 5 4 12 28 25 7 23 2 12 16 20 18 24 21 Highest. Sale Prices. 5 86 Nov. 6 9354 Jan. 13 8954 Oct. 20 8854 May 27 5754 Aug. 16 110 Mar. 10 10254 Sept. 27 60 Aug. 7 8554 Jan. 10 9554 Apr. 6 7754 Jan. 7154 Oct. 95 Jan. 4 9054 Aug. Feb. 28 104 13 9954 Jan. 7 105 54 Jan. 12 10454 Nov. 30 90 Jan. 16 88 Jan. 14 10354 Nov. 24 825s Jan. 14 9954 Jan. 13 9954 Jan. 24 82 Jan. 14 10654 Jan. 25 101 54 Nov. 14 102 Jan. 28 99 Jan. 23 9654 Jan. 2 93 54 Jan. 9454 Feb. 18 9654 Oct. 4 105 Jan. 17 8754 N ov. Sent. 12 90 16 9754 Jan. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 9454 N ov. Nov. 109 N ov. Nov. 10154 N ov. Nov. 10754 N ov. N ov. 107 Nov. N ov. 9154 N ov. Nov. 9454 N ov. Nov. 10854 N ov. Nov. 8754 N ov. Nov. 100 54 N ov. Nov. 10054 N ov. N ov. 88 Nov. Nov. 12754 N ov. Nov. 10254 N ov. Nov. 10654 N ov. N ov. 25 10154 N ov. N ov. 2 10054 N ov. Nov. 25 9954 N ov. 10854 Nov. 9754 N ov. 9954 N ov. 10354 102 9954 100 99 54 Sale 7254 9454 9354 Sale 10354 Sale 90 Sale 107 10054 10054 Sale 105 10454 8754 Sale 87)4 95 Sale 9454 10154____ 10054 Sale 10054 53 54 63 103 10354 104 10354 104 10354 10454 ____ 9554 9554 43 9554 9154 93 Sale 9754 9254 8754 92 91 7654 Sale _____ 10054 8754 97 95 9054 61 11254 10454 79 93 96 7954 103 5654 4154 9354 104 Sale 10254 Sale 9954 Sale Sale 100 7154 7254 9354 94 10354 Sale 90 Sale 10754 Sale 10054 Sale 10554 Sale 4354 45 9454 N ov. 89 N ov. N ov. 100 10654 N ov. 10554 N ov. N ov. 95 109 N ov. 110 N ov. 105 N ov. 99 54 N ov. 10354 N ov. 103 54 N ov. 10654 N ov. 107 N ov. Nov. N ov. Nov. Nov. 10254 5454 38)4 9354 10454 Sale 10454 Sale ......... 9154 9454 9154 8954 89 54 10054 21 4 17 2 25 10 23 2 11 11 4 2 18 4 10254 10354 10254 N ov. 2 103 10254 5554 4154 9354 9354 10854 9754 9954 Lowest. Highest. Lowest. Sale Sale 10054 Sale Sale Sale Sale Sale Sale Sale Sale 158,000 85,000 J J J S J 1) 1) .1 J N ov. 30. Bid. A sk. Bid. Ask. Bid. Sale 100 99 54 9 8 ‘ Sale A 92 54 93 A 9454 9554 9254 8854 Sale 84 A Sale 8854 94 94 A 9954 9954 100 10554 106 9454 112 110 10454 R AN G E S IN CE J A N . 1. PRICES I N N OVEM BER. Nov. 2. N ov. N ov. N ov. N ov. N ov. N ov. 18 11 12 2 11 2 91)4 98)4 89)4 97 7954 10054 10354 Nov. 8754 8554 Nov. Sale 9954 N ov. 10154 N ov. Sale 97)4 Nov. Nov. 11154 I l l Sale 10554 Nov. 77 70 Nov. 90 74 5 685 70 N ov. 10254 Sale 10254 Nov. 98 Nov. 9954 Sale 68 N ov. 7254 7454 Sale Sale 7154 7554 6954 N ov. 70 75 6954 N ov. 71 73 Sale 69 N ov. 70 Sale 10154 Sale 10154 N ov. N ov. Sale 10154 Sale 101 d Full paid. e Part paid, 20, 10454; T Tan. 27, 9654. N ov. N ov. N ov. N ov. N ov. N ov. 18 18 21 28 17 4 Aug. Aug. Aug. Mar. Mar. Jan. June Jan. N ov. 86 8954 Jan. 7554 Oct. 9954 Feb. Mar. 2 98 6 10054 Jan. 17 93 54 Jan. 14 104)4 Aug. 4 93 54 Jan. 9654 Aug. 104 N ov. 4 100 54 Aug. 8754 N ov. 2 8554 Aug. Mar. 10054 N ov. 4 98 102 N ov. 12 9954 Jan. 9754 N ov. 16 9254 Jan. 11154 N ov. 13 10954 Mar. 10654 N ov. 14 10554 Aug. N ov. 14 70 Nov. 77 7554 Oct. 75 Oct. Nov. 7654 N ov. 10 70 10254 N ov. 6 9954 Mar. 100 N ov. 11 9154 Jan. 93 Feb. 5 75 N ov. 27 55 Jan. Jan. 12 75 N ov. 27 53 N ov. 17 5354 Jan. 9 73 11 7454 N ov. 28 5954 Jan. 12 10254 N ov. 16 10054 Apr. 27 102 N ov. 4 95 54 Jan t Bonds s Optional* t 10154 10154 10154 N ov. 101)4 10154 101 N ov. Sale 9854 N ov. 10 100)4 Sale 106 N ov. 27 10754 Sale 9854 N ov. 2 9954 10454 8554 10054 10154 9754 111 106 N ov. 13 N ov. 13 9854 98 9454 43 4254 41 90 9354 N ov. N ov. N ov. N ov. N ov. 10454 104)4 103 54 99 100 9554 95 99 9454 9954 8754 10154 Oct. 23 Nov. 2 Oct. 21 N ov. 13 N ov. 13 Oct. 29 Apr. 2 June 2 Mar. 3 Feb. 6 Feb. 9 S ep t.15 102 Jan. 6 10254 Apr. 16 10054 N ov. 17 107 54 Mar. 10 9954 N ov. 4 9954 July 21 105 54 Aug. 5 Mar. 13 96 10154 Sept. 1 10254 Oct. 20 9754 Sept. 22 112)4 July 14 108)4 Jan. 21 Jan. 20 91 Mar. 22 88 M ay 28 81 Oct. 14 78 10254 N ov. 26 100 July 23 Feb. 4 93 7654 Apr. 2 Apr. 7 75 Mar. 31 77 7454 N ov. 28 10254 June 22 102 N ov. 4 "when issued." D ec., 1925.] 23 STOCKS—STOCK EXCHANGE RECORD STOCKS— PRICES AND SALES FOR NOVEMBER AND THE YEAR TO DATE. In accordance with a rule o f the Stock Exchange, effective Oct. 13 1915, all stocks are now quoted dollars per share. Prices are on basis o f 100-share lots. Exceptions o f stocks which sell only in a small way are noted by the letter a. Option sales are disregarded. SALES TO DEC. 1. STOCKS In November Albany & SusquehannaAnn Arbor____________ Preferred____________ Atchison Top & 8 Fe_ _ Preferred___________ Atlanta Birm & A tl___ Preferred_________ Bangor & Aroostook. Preferred_________ Bkln-Manhat tr c tfs .. Preferred _ luffalo & Si Preferred. Central RH o f N J_ i l i 1 ' i 1 1 1 ' ' ' Preferred. Preferred (new)_____ Chicago Great Western. Preferred___________ Chic Milw & St Paul_ _ Preferred. Preferred______ C C C & St Louis. 2d preferred. Cuba R R , pref. Del Lack & Western. Duluth S S & Atl Pfd_ Erie___________ 100 Certificates______________ First preferred_______ 100 1st pref certificates____ 100 Second preferred_____ 100 2d pref certificates____ 100 Erie & Pittsburgh________ 50 Great Northern pref____ 100 Iron ore properties.no par Gulf Mobile & Northern. 100 Preferred_____________ 100 Havana R y El Lt & P ow . 100 Preferred_____________ 100 Hocking Valley_________ 100 Hudson & Manhattan___100 Preferred_____________ 100 Illinois Central_________ 100 6% pref series A ______ 100 Leased line stock_____ 100 R R sec stock ctfs____ 1000 Illinois Central rights______ Interboro Rapid Transit. 100 Int Rys o f Cent Amer___100 Preferred_____________ 100 Kansas City Southern___ 100 Preferred_____________ 100 Lehigh Valley____________5u Louisville & Nashville___100 Mahoning Coal R R ______ 50 Manhattan R y guar____ 100 M od guar____________100 Market Street R y ______ 100 Preferred_____________ 100 Prior preferred_______ 100 Second preferred_____ 100 Michigan Central_______ 100 Minneapolis & St L ou is.. 100 Minn St Paul & S S M ..1 0 0 Preferred_____________ 100 Leased line___________100 M o Kan & Texas Co . . n o par Preferred_____________ 100 Missouri Pacific com ___ 100 Preferred_____________ 100 Morris & Essex__________ 50 Nashv Chatt & St Loui3.100 Nat Rys Mex 1st pref_ 100 _ Second preferred_____100 New Orl Texas & M exico.100 New York Central______100 N Y Chicago Jk St Louis. 100 Certificates___________100 Preferred_____________ 100 Preferred ctfs________ 100 New York & Harlem_____50 N Y Lack & Western_ 100 _ N Y N H & Hartford_ 100 _ N Y Ontario & Western. 100 N Y Rys partlc ctfs_no par Pref trust certifs_ no par _ New York State R ys____100 Preferred_____________ 100 Norfolk Southern_______ 100 Norfolk & Western_____ 100 Preferred_____________ 100 Northern Central________ 50 Northern Pacific_______ 100 Pacific Coast____________100 First preferred_______ 100 Second preferred_____100 1 Shares. 40( 40C 4 ,10C 118,70C 3,80C 41,40C 70.20C 482.80C 8,20C 95,50C 1,20( 112,80( 4,80( 36( 8( 30( 100 19,400 20( 3,60( 281,70( 2,40( 6,80( 10C 24,90( 10( 34,40( 2,70( 3,80( 33,10( 32,10( 231,30( 22,50( 372,00( 25,90( 100,30C 90C 119,60C 2.60C 4,30C 2,20C 2,50C 10C 1C 4 ,10C 2 ,10C 21,400 24,200 8,400 700 900 134,200 5,700 90,600 1,100 7,000 500 5 151,300 96,600 19,300 3,500 900 400 25,000 1,100 26,700 2,300 175 40 128,140 62,600 1,200 147,800 3,700 110,400 45,700 1,600 22.400 1,600 700 8,000 500 20 11.400 14.400 3,700 300 117.600 21,900 127.600 76,800 50 400 1.900 3,100 1,400 521,800 14,100 300 4.900 600 80 242,300 25,600 207 3,800 300 3,700 147.600 500 24 147.600 500 500 Since Jan. 1 Shares. Price about Jan. 2 1925. Bid. 600 121 26,900 2 2 % 42,400 43 1,032,300 119 73,040 93% 4 468,050 379,000 149% 2,219,168 79% 60,900 65 281,600 39% 6,200 88 1,293,700 37% 59,500 72% 9,971 64 3,535 87% 4,210 600 356,588 866 37,217 1,355,400 5,900 29,800 100 224,200 800 502,307 70,800 80,100 602,500 837,800 1,882,500 28,000 2,811,120 33,200 1,063,100 27,700 2,069,400 50,200 64,000 16,500 18,900 5,645 300 586 142,400 10,151 5,100 500 223,750 246,200 125,300 1,725 10,100 12,400 796,200 10,830' 698,000 2,432 79,400 600 377 963,700 877,140 316,000 65,400 107% Sale 8% Sale 5% Sale ____ Sale Sale 15% 35% 56% 9 27 15% Sale Sale Sale Sale Sale Sale 27 19 16% Sale 71% 116 Sale 46% Sale 97% Sale Sale 85% 47 Sale 94 99% 148 165 117 70% 69% Sale 62 Sale 64% 61 57 Sale 85 Sale 140% Sale 140 Sale 41% 60 90 Sale 3 7% 5 Sale 36 35% Sale 42 41% Sale 40 39% 62 60% Sale 75% Sale 32 Sale 32% 94 103 71 111% 44% 93 83 53 91% 141 69% 45 61 56 89 137% 144 42% 71 4 7 31% 46 43 60% 70 36% 26% 92% Sale 11% 34% 44 10% 24 9 8% 236 112 133 35% 69 118% 118 76 69% 1% 29% 30 62% 40% 59 79% 130% 780 88 43% 8% 26 47 16 660 2% 48% 77 61% 40% 85 35% 82 79% Sale 115 138 Sale 72 Sale 119 80 71% Sale Sale 30% 65% Sale Sale Sale Sale 48% 230 112% 133 34% 68% 117% 117 76% 70 1% 28% 27% 61% 48% 62% 82% 135 Sale 82 Sale 42% Sale 6 Sale 23 Sale 43% 18 15 900 750 Sale 3% Sale 49% Sale 72 63 61% Sale 42% 85% 85% Sale 38 Sale 84% 79% 165 6 2% 120 126% 151% 175 Sale Sale 123 Sale Sale 89% 90 95 91 Sale 92 24% Sale 130% Sale 76 77 7 5 % ------69% Sale 30 6,000 25 70 1,000 54 70 8,000 54 50 97% 58% 81% 80 95 Sale 76% Sale 27% Sale 32% 103% 103% 140 6 Sale 115 Sale Sale 101 38% 27 303 9% 25 40 40 140% 80% 108 200 40 65 125 95% 6% 235 91% Sale 149 57 ____ 298 298 Sale 119% Sale 116% Sale 121 117% Sale 7% 5% Sale 13% 34 36 44 46 Sale 10 % Sale 24% Sale 10% Sale 9% Sale 19% Sale 19% Sale 72% 118 117 Sale 46% Sale 97% Sale 85% Sale 47 Sale 102 200 174 120 70% 63 60 64 65 64 61 80 90 Sale 145 Sale 138 Sale 44 60 2% 4 5% 6 Sale 37% 36% Sale 42% 42 ~41~ 40% 39% 140 4 2% 114 117% 125 100 -----30% Sale 25% Sale Nov. 30. Ask. Bid. 104 200 37 41 Sale 57 55 Sale 122% Sale Sale 95% Sale Sale 5% Sale Sale Sale 217% Sale Sale Sale 66% 66% Sale Sale 53% Sale 95% 96% 99 Sale 61 Sale Sale Sale 81 Sale 78 70 99 92 95 77% 80 88 48% 52 1,055,900 2,000 941 589,169 25% Sale 19.300 64% Sale 178.800 116% Sale 16,320 115 117 76 752 74 Sale 4,720 71 197,992 585.300 31% 32% 40.900 17% 18% 9,400 60 Sale Sale 955,400 34 58 29.300 57 660,020 79% Sale 246,700 108 Sale 5 Sale 16,855 85 138.300 47% Sale 29.400 10% Sale 25% 7,600 25 54 90,600 52 23% 21,150 22 126 2% Sale 145.300 36.900 50 Sale 24.500 58% 62% 3,300 58% 62% 2.373.500 28% Sale 499.900 74% Sale 1,061,720 31% Sale 1.089.500 72% Sale 1,984 77% Sae 9,200 25.500 70,375 44,100 3,211,490 88,700 700 60.400 700 1,540 647 2,598,000 536,500 2,433 18.800 9,900 300 224.900 1,102,250 10.400 1,010 1,034,200 Nov. 2. Ask. Bid. 149% 57 290 109 108% 114% 150 56 293 95% RAN G E SIN CE J A N . 1. PRICES I N N OVEM BER . Ask Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices Sale Prices. 43 40 N ov. Sale 55% Nov. Sale 120% N ov. Sale 94% N ov. Sale 5% Nov. Sale 215 Nov. Sale 83% Nov. Sale 65% N ov. Sale 47% Nov. Sale 97% Nov. Sale 55% Nov. 82 80 Nov. 83 78 Nov. 99 95 N ov. 74% 74% Nov. 52 50 N ov. 42% 65 126% 96% 7% 235 93% 67% 56% 99% 64 81% 82 95% 77% 50 N o v .25 103 201% Nov. 25 22 Nov. 13 40 N ov. 14 116% N ov. 7 92% Nov. 12 3 Nov. 30 147% Nov. 14 71 Nov. 14 62% Nov. 2 35% N ov. 27 89 Nov. 2 35% Nov. 4 72% N ov. 23 48 Nov. 25 86 Nov. 5 74% Nov. 10 50 Oct. 9 110 Sept.21 203 Feb. 17 44 Mar. 24 65 Jan. 16 127% Feb. 17 97% Jan. 14 7% Jan. 16 235 Mar. 30 93% Apr. 3 67% Mar. 23 56% June 22 100 Jan. 5 64 Jan. 2 82 Apr. 2 92% Apr. 9 100 N ov. 20 105 N ov. 10 52% N ov. 25 June 20 Aug. 19 N ov. 13 M ar. 2 June 25 M ar. 6 N ov. 20 N ov. 14 N ov. 14 N ov. 2 Oct. 26 N ov. 2 July 28 M ay 2 July 31 Jan. 15 Feb. 16 Sale 150% Nov. 13 136% 57 Nov. 24 56 305 Nov. 13 265 120% N ov. 19 89% 116% Nov. 20 93% Nov. 19 105% 121 114% Nov. 17 114% Nov. 30 8 3% 5% N ov. 30 5% 13% Nov. 30 5% 36 Nov. 13 29% Nov. 14 40 47 11% Nov. 14 9 25% Nov. 14 19% Nov. 20 11 3h 11 Nov. 20 7 2 2 % Nov. 20 7 22 Nov. 19 12% 74 N ov. 13 47 118% Nov. 7 101% 49% Nov. 14 40% Nov. 20 92 99 87 N ov. 16 82 Nov. 13 33% 51 105 Nov. 14 73% 190 Nov. 13 140 115 69% N ov. 16 69% 64% N ov. 14 44% 65 Nov. 9 60 54 84 149% N ov. 13 133% 142% N ov. 13 125 45% N ov. 14 34% 60 2% 3% Nov. 13 6 % Nov. 16 3% 38% N ov. 20 26% 37% N ov. 20 25% N ov. 20 35 44 42% N ov. 18 36% 41% N ov. 20 34 40% N ov. 19 40% 60 N ov. 24 60 78% N ov. 14 60 32% N ov. 5 26 34% N ov. 14 23 104% N ov. 14 89% Mar. 30 152% Jan. 10 59 Mar. 30 321 Mar. 30 120% Aug. 1 116% Apr. 14 121 N ov. 17 114% Apr. 24 10 % Mar. 28 9 Apr. 23 19% Mar. 30 37% Mar. 3C 57% Jan. 2 15 Mar. 30 32% Apr. 20 16% Sept. 4 11 Apr. 2C 28% Oct. 7 22 Apr. 14 75% Apr. 14 118% Mar. 30 64% Jan. 2 99% Mar. 30 89% Apr. 22 59% Apr. 21 108 May 20 190 Sept. 21 120 Sept. 8 71% Jan. 6 70% Mar. 26 65 Jan. 21 62% Oct. 9 89 Mar. 30 155 Mar. 30 147% Oct. 9 60 June 2 72 Apr. 14 4% Apr. 14 6 % M ay 15 38% July 1 37% June 23 46% July 6 42% June 29 43% N ov. 19 40% N ov. 24 62% Apr. 24 78% N ov. 24 40% Mar. 30 34% Mar. 30 109% Jan. 8 M ay 14 Jan. 3 N ov. 19 N ov, 20 N ov. 19 N ov. 17 Feb. 9 Feb. 10 Feb. 21 July 13 Jan. 2 Feb. 7 Feb. 6 Jan. 7 N ov. 20 Jan. 7 N ov. 19 Jan. 12 N ov. 7 M ar. 3 Feb. 21 M ar. 3 Jan. 13 Jan. 13 Nov. 13 Oct. 26 Apr. 11 Sept. 1 N ov. 9 A u g .22 Jan. 2 Apr. 8 June 2 Jan. 16 Jan. 8 Aug. 14 Jan. 23 N ov. 20 N ov. 20 Jan. 2 N ov. 18 Jan. 5 Oct. 26 July 13 N ov. 14 Jan. 19 N ov. 14 Sept. 6 127 21% 64% Ill 112% 72% 68% 1% 13% 18 59% 28% 57 69 106 800 64 32% 6 20 42% 16 May Nov May Mar. Feb. Mar. Apr. Apr. Aug. Oct. Mar Jan. Jan. Mar. Jan. M ar. Jan. Oct. May Mar. Nov Jan. N ov. Mar. 246 117 138 38% 72 119% 119 80 74 1% 34% 33% 66% 48% 62% 85% 137 800 119% 51% 2% 30% 40 57% 28% 74% 30% 71 77% Oct. Apr. Mar. June Jan. Jan. Jan. Mar. Jan. 4 57 Sept. 10 June 18 Sept. 1 Aug. 26 July 10 Jan. 7 Jan. 7 Sept. 1 Apr. 17 N ov. 14 Feb. 9 Sept. 11 July 14 N o v .30 N o v .30 N ov. 14 N ov. 2 Oct. 26 Sept. 14 Feb. 9 Sept. 21 Sept. 21 Sept. 21 Sept. 21 N ov. 30 Mar. 6 N ov. 19 Nov. 19 Feb. 9 Sept. 8 Aug. 18 Feb. 6 Aug. 24 July 15 300 Sale Sale Sale Sale Sale 36 46 Sale Sale Sale 10 Sale 20 Sale 120 Sale 99 Sale 50 105 200 130 61 65% 65 Sale Sale Sale 105% N ov. 12 110 147% 57 290 106% 108% 114 114% 5 5% 10% 33% 43% 9% 22% 8 7% 17 16% 67% 117% 44% 96 84% 47 99% 190 N ov. N ov. N ov. Nov. Nov. Nov. N ov. N ov. Nov. Nov. N ov. Nov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. 13 69% N ov. 16 59 N ov. 10 63 N ov. 14 139% N ov. 6 136 N ov. 10 40% N ov. 10 63 Sale Sale Sale 104 3% 5% 33% 34% 40 40% 38 40% 60 73% 26 31 % 102 N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. Nov. N ov. 245 232 112 N ov. N ov. 237 33% 68% 114% 116% 76 69% 1% 25% 28% Nov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. Nov. 36% 70 119% 119 76% 70 1% 33% 30% N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 4 4 4 14 30 5 14 2 5 38% 58 78% 127 N ov. Nov. N ov. N ov. 48% 62% 85% 137 N ov. N ov. N ov. N ov. 30 30 14 2 80% 41 6 26% 24% Sale 42% 16% 16 Sale 660 Sale 2% Sale 44% 76 80 62 61% Sale 37% Sale 82% Sale 33 Sale 80 79% Nov. N ov. Nov. N ov. N ov. Nov. Nov. Nov. Nov. N ov. Nov. Nov. N ov. Nov. Nov. Nov. 26% 47 16% 750 3% 57 86% 62% 43% 86% 38% 86% 79% Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. Nov. 172% 6% 2% 128% 130% 177 156 98% 93 160 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. N ov. N ov. N ov. N ov. Nov. 41 % 28% 307 10 24 Nov. Nov. N ov. Nov. Nov. N ov. N ov. N ov. N ov. N ov. Nov. 40% 149% 82 79% 75 30 Nov. Nov. Nov. Nov. Nov. Nov. 3% 6 Sale Sale Sale 41 138 Sale Sale Sale 117% Sale 71% Sale Sale 28 63% Sale Sale Sale Sale 87% Sale 8 170 175 5% 6% 2% 2% 128 131% 128 Sale Sale 175 161 97 98 93% 97 160 5% 2% 121% 124 145% 154 95 91% 160 ____ 101 Sale 40% Sale 37% Sale 27% Sale 25 Sale 298 Sale 295 Sale 6% 6% 7% 28 23 25 24 ____ 40 60 Sale 39 39% Sale Sale 145% Sale 138% Sale 80 80 85 79 81% 79 72% Sale Sale 73 70 28 30 25% 29 28% 65 72 65 71 47 49 47 50 47% N ov. 25 112 112 % N ov. 28 112 88 48 Nov. N ov. 8 % N ov. N ov. 25 49 N ov. Nov. N ov. 23 N o v . 30 510 30 19 19 13 14 16 20 16 7 N ov. 5 Feb. Apr. Apr. June Feb. June June July Jan. Sept. Jan. Jan. Mar. Apr. Aug. Nov. N ov. Oct. Apr. Mar. Jan. Jan. Apr. Aug. 20 64 Jan. 34% Jan. 143 3% 1% 113% 113% 118 89% 88% 91 160 100 28 20 % 262 6% 24 51 21% 123% 75% 77 58% 12 46% 65% 35% 750 8“ 45% 91% 41 88% 80% 175 Sept. 14 3 128% 130% 177 156 98% 93 175 104 41% 30% 310 12 36 58% 45 149% 82 80% 75 38 75 50% Oct. 26 N ov. 20 N ov. 14 N ov. 20 N ov. 18 N ov. 20 N ov. 17 Feb. 5 M ay 25 N ov. 14 Sept. 1 Oct. 29 June 17 July 13 Aug. 12 Sept. 29 N ov. 25 N ov. 13 July 13 N ov. 14 M ar. 7 Sept. 1 M ar. 7 8 % Oct. 24 24 STOCKS—STOCK EXCHANGE RECORD SALES TO D EC. 1. STOCKS . 7 . STOCK EXCHANGE In November. Par Pennsylvania____________ SO Peoria & Eastern_______ 100 Pere Marquette________ 100 Certificates___________100 Prior preferred_______ 100 Prior pref certificates. .100 Preferred_____________ 100 Preferred certificates .100 Pitts Ft Wayne & Chicpf 100 Pittsb & West Virginia..1 0 0 Reading Company_______ 50 First preferred________ 50 Second preferred______ 50 Rights________________ Rutland RR pref_______ 100 StLouis-San Francisco. .100 Preferred A ___________100 St Louis Southwest_____100 Preferred_____________ 100 Seaboard Air Line______ 100 Preferred_____________ 100 Southern Pacific C o_____100 Southern Railway______ 100 Preferred_____________ 100 Shares 358,600 800 20,200 1.700 800 300 4.400 500 334 48.000 151.400 2,000 4,100 16.300 1.900 93.500 1.700 28.300 1,600 148,100 30.900 195.400 150,300 16.500 Texas & Pacific________ 100 44.600 Third Avenue__________ 100 8.700 Twin City Rapid Transit. 100 4.300 Preferred_____________ 100 200 Union Pacific___________100 83.100 Preferred_____________ 100 5.000 United Rys Investment-100 700 Preferred_____________ 100 3.700 Vicks Shrev & Pacific_ 100 _ 300 Vicks Shreve & Pac pref. 100 100 Virginia R y & Power____100 2.000 Wabash________________ 100 123.200 Preferred A ___________100 62,200 Preferred B ___________100 2.300 W estern Maryland______ 100 51.000 Second preferred_____100 12.900 Western Pacific, New_ 100 _ 74.700 Preferred new________ 100 21.000 West Penn C o___________ no par 9.600 Certificates____________ no par 100 7 % preferred__________100 1.900 1,000 Preferred certificates. .100 Wheeling & L E R y _____100 222,700 Preferred_____________ 100 48.100 Industrial and Miscell. Abitibi Power & P ___ no par 12.900 Adams Express_________ 100 5.000 Advance Rumely_______ 100 10,000 Preferred_____________ 100 5.600 Air Reduction Inc____ no par 52.500 Ajax Rubber In c_____ no par 56.100 Ahumada Lead___________1 33.400 Alaska Juneau Gold M in. 10 7.400 All American Cables___ 100 800 Allied Chem & Dye_.no par 317.900 Preferred_____________ 100 5.700 Allis Chalmers M fg_____100 40.100 Preferred_____________ 100 700 Amer Agricul Chemical..100 45,800 Preferred_____________ 100 24.700 American Bank N ote___ 50 600 Preferred______________ 50 100 _ American Beet Sugar_ 100 10.500 Preferred_____________ 100 300 Amer Bosch Magneto.no par 80.500 R igh ts_______________ . . . 37.300 Am Brake Shoe & F_.no par 61,200 Preferred_____________ 100 300 Am Brown Bov El 2 1.nor par 88.100 Preferred____________ 100 3.100 American Can___________100 354.600 Amer Can Pref................. 100 2.900 Amer Car & Fdry new no par 64.700 Preferred_____________ 100 800 American Chain w i ______25 14.700 American Chicle_____no par 94.300 C ertificates_______ no par 8.400 Prior preferred_____ no par 1,200 Amer Druggists’ Synd_ 10 _ 7.800 American Express______100 11.000 Am Foreign & Power .no par 90.600 Preferred_________ no par 5,530 Am For Pr ctfs 25% pd in .. 400 Amer Hide & Leather___100 11,530 Preferred_____________ 100 7.100 American I c e ___________100 60.600 Preferred_____________ 100 3.500 Amer Internat Corp_.no par 171.400 Am La France Fire E n g .. 10 78.600 Preferred_____________ 100 200 American Linseed______100 44.000 . Preferred_____________ 100 7.600 Am Locomotive new. .no par 112.200 Preferred_____________ 100 1.600 American M etal_____no par 51,100 Preferred_______ 100 1,200 American Piano, pref___ 100 1,000 American Radiator______25 Preferred____________ 100 Amer Railways Express. 100 Amer Republics______ no par American Safety R a zo r..1 00 Am Ship & Comm____no par Amer Smelt & Refin_____100 Preferred_____________ 100 American Snuff________ 100 Preferred_____________ 100 AmSteelFdriesctfs new nopar Preferred_____________ 100 American Sugar Refin_ 100 _ Preferred_____________ 100 Am Sumatra Tobacco_ 100 _ Preferred_____________ 100 Am Teleg & Cable_____.100 Amer Teleph & Teleg_ 100 _ American Tobacco_______ 50 B ____________ ..5 0 Preferred_____________ 100 Amer Type Foundries_ 100 _ Preferred_____________ 100 Amer W at Works & E lec. .20 First preferred (7 % )-.1 0 0 Am Wholesale pref______ 100 American Woolen_______ 100 Preferred_____________ 100 Am Writing Paper, nref.100 Preferred certificates..100 Amer Zinc, Lead & Sm_ 25 _ Preferred______________ 25 22,200 200 1.700 1,200 127,100 11.400 244.600 2.800 2,000 300 53.300 600 295.900 10.600 15.300 100 1.500 40,200 42.400 64.700 1,900 1.700 200 102.900 • 2,600 600 47.000 6,000 2,300 100 16.700 16.300 Price about Jan. 2 Since Jan. 1. Shares. 1925. Bid. Ask N ov. 2. N ov. 30. Sale 1,503,915 48 20.400 1834 Sale 80 34 Sale 125,610 68 Sale 3.100 78 34 15.000 81 83 8334 600 81 34 21.000 7334 7454 7534 Sale 73 500 141 145 1,652 13934 141 0 4% Sale 286,100 72 34 Sale 85% Sale Sale 1.679.900 75 Sale 40 Sale 64.400 38 4 0% Sale 102.500 4054 3ale 229,000 22 34 Sale 1734 Sale 50 56 17,115 5934 62 2.130.900 60 3 Sale 4 96?4 Sale 89 86 57.900 70% Sale 54% Sale 474,150 5054 Sale Sale 54.300 71 72 34 7434 52% Sale 1,499,480 2154 Sale Sale 51 612,200 3934 Sale 1.733.300 10234 Sale 9854 Sale 2,160,500 7754 Sale 114% Sale Sale Sale 231.600 91 3 8234 Sale Sale 82 84 86 Sale 83 76 7654 73 14354 11734 Sale 86J4 Sale 3954 40 40 4054 1834 Sale 51 45 9834 Sale Sale 87 5634 Sale 7434 Sale 5134 Sale 4934 Sale Sale 99 11554 Sale 9134 Sale 52 34 Sale 50% Sale 1.502.300 4434 Sale 12 % Sale 14 Sale 104.700 1234 14 Sale Sale 69 74 28.500 6334 Sale 101 1.900 9534 98?4 99 M 100 142% Sale 14834 Sale 788,050 14934 Sale Sale 75 61,800 74 3 Sale 75% Sale 4 2 2 % Sale 39.600 2654 Sale 2234 Sale Sale 71 76,950 6034 Sale 71%. Sale 85 87% 8734 94 400 8 6 % 89 89 200 Sale 125 200 135 122.750 67 34 Sale 2,588,100 2134 Sale 3954 Sale 3954 Sale Sale 2.394.600 57 70 Sale 7034 Sale 65 56 24.800 39 55% 57 41 Sale 17 797.900 1434 Sale 15% Sale 161.400 2434 Sale 2 1 % Sale 2354 Sale 32% Sale Sale 473.500 34 68.700 78% Sale 7834 Sale Sale 115 Sale 87.300 11854 Sale 111 112 200 110 113 Sale Sale 30,691 95 93 96 9634 100 1.100 0 6% 96 Sale 21 Sale 856,830 15 3054 Sale 43% 4 3% 5134 Sale 371.200 2754 Sale 95.000 74.300 87,421 70.700 525,100 807.200 181.750 148,430 7,487 1.676.300 47,850 700.600 17.500 533.500 524.750 6.500 3.500 90.800 5.600 691,800 62.400 151.400 3.800 255.200 3.100 6,250,952 38.900 384.600 12.500 121,444 221.900 48.600 4.100 192,120 139.400 1,282,700 167,730 33.800 80,430 137.900 278.500 30,410 872,630 301.000 3.800 295.400 130.300 2.426.600 12.500 335.600 5.600 3.900 246,974 600 15.500 15,300 678,275 260.700 2,086,930 39.050 15.800 2.600 283,025 10,700 1,430,825 58,595 307.600 61,320 10.500 719,595 548,825 672,930 36.400 29.000 2,550 804.000 33,453 1,850 1,457,120 153.050 45,550 3,000 82.800 94.000 63 9154 1534 50 89 1334 134 113 8454 11734 7234 10-134 1534 4434 162 53 4054 86 33 99 109 65 Sale Sale Sale Sale Sale 69 % Sale 109 % Sale 19 Sale 60% Sale 109 Sale 12 % Sale 854 Sale Sale 2 % Sale 131 133 122 104% Sale Sale 120% Sale Sale 89 % Sale Sale Sale 10854 Sale 27 % Sale Sale Sale 7754 Sale Sale 195 Sale 55 56 58 3134 Sale Sale 90 82 Sale Sale 3 5% Sale 134 Sale Sale 134% Sale 111 11034 108 50% Sale 16034ISale 11554 Sale 124 Sale 2254 Sale 3934 Sale 37 534 Sale 162 Sale 252 12034 H IM 125 25 4934 46 81 534 13834 4 5% 12634 Sale 1234 1334 69 34 Sale 9134 Sale 7934 8034 34 34 Sale 113 Sale 4 94 100 2834 Sale Sale 53 107 34 Sale 118 120 53 34 Sale 115 119 9534 9534 90 126 80 47 3634 11 34 98 107 34 145 95 Sale 93 11 6234 120 83 43 54 1354 96 4934 8634 122?4 119;.i: 12034 88 107 2734 7834 177 55 33 72 3234 Sale Sale Sale Sale 1354 6334 129 34 8454 43 34 1534 97 54 4834 8534 11934 5334 11554 9434 114 122 7834 63 67 634 11934 11234 146 Highest. Sale Prices. 9 52 N ov. 20 Apr. N ov. 20 Apr. 30 20 % Jan. 12 N ov. 14 June 24 8354 N ov. 20 N ov. 20 N ov. 30 N ov. 30 6034 July 1 82 86 N ov. 20 78 July 29 86 N ov. 20 83 N ov. 30 8034 Oct. 19 83 N ov. 30 7734 N ov. 20 6834 Apr. 16 7734 N o v .20 7534 N ov. 12 7434 N ov. 5 7534 N ov. 12 144 N ov. 16 139 Jan. 20 144 N ov. 16 Mar. 19 12034 N o v .25 12034 N ov. 25 63 9134 N ov. 14 6954 Mar. 30 9134 June 1 June 8 4034 N ov. 21 3534 Mar. 18 41 4 0 % N ov. 2 36 34 Mar. 18 4454 June 1 1934 N ov. 13 1654 Aug. 19 2434 Jan. 9 Apr. 24 62 34 Jan. 9 5534 N ov. 14 42 9954 N ov. 14 5734 Jan. 16 10234 Aug. 28 88 N ov. 10 76 Jan. 20 9234 July 27 5634 N ov. 30 4354 June 11 63 Aug. 24 7434 N ov. 30 7034 June 25 7734 Sept. 24 5434 N ov. 14 2054 Jan. 16 5434 Nov. 14 Mar. 30 5134 Oct. 31 51 N ov. 2 35 103 N ov. 14 96 Oct. 7 10854 Jan. 9 11634 N ov. 14 7754 Jan. 2 11634 N ov. 14 54 N ov. 17 83 Jan. 2 95 Sept. 18 52 1934 8354 82 5434 N ov. 14 1434 N ov. 2 N ov. 30 74 N ov. 5 100 14834 N ov. 30 7534 N o v .10 23 N ov. 5 72 N ov. 2 Nov. 27 89 89 N ov. 24 150 N ov. 4 4234 N ov. 14 7234 N ov. 14 56 N ov. 14 17 N ov. 30 24 N ov. 14 3454 N ov. 30, 7954 N ov. 5 115 N ov. 21 N ov. 17 110 97 N ov. 4 9734 N ov. 11 3054 N ov. 30 52 N ov. 30 43 34 Jan. 7 % Apr. 58 Jan. 9434 Jan. 13334 Apr. 72 Jan. 18 Aug. 4 8 % Mar. 85 N ov. 89 N ov. 6434 Jan. 1934 Mar. 5554 Jan. 3834 Jan. II Mar. 16 Mar. 1954 July 72 July 9734 Sept. 107 Oct. 94 Apr. 96 N ov. 1054 Mar. 22 Apr. 5854 Mar. 13 1554 Sept. 9 74 N ov. 30 10034 July 16 15334 Jan. 10 7734 July 31 33 34 M ay 18 83 34 June 25 N ov. 27 89 9234 Sept. 1 150 N ov. 4 4734 Aug. 26 7334 A u g .17 6034 Aug. 22 1854 Aug. 25 2634 Jan. 9 3454 Oct. 21 7954 N ov. 5 M ay 21 145 N ov. 17 110 100 July 22 9754 Oct. 28 3054 N ov. 30 N ov. 30 52 66 Nov. 10334 N ov. 16 Nov. 5554 N ov. 10734 Nov. 1034 N ov. 854 N ov. 154 N ov. 128 N ov. 10454 N ov. 12034 N ov. 8654 N ov. 107 Nov. 24 N ov. 7134 N ov. 181 Nov. 5534 N ov. 3134 N ov. 82 N ov. 2634 N ov. 54 N ov 133 Nov. 111 N ov. 49 34 N ov. 9034 N ov. 239 N ov 11934 N ov 106 N ov 124 N ov 2434 N ov. 4834 N ov. 46 N ov. 8734 N ov. 454 Nov. 13534 Nov. 3834 Nov. 9154 Nov. 12934 Nov. 1054 Nov. 6154 Nov. 120 Nov, 82 Nov. 39 54 Nov, 1354 Nov. 9734 Nov, 4554 Nov, 8534 Nov, 117 Nov, 11834 N ov 5134 Nov, 118 Nov, 9334 Nov. 72 11054 1934 6134 116 1234 N ov. 27 N ov. 12 N ov. 2 N ov. 4 N ov. 30 N ov. 2 N ov. 13 10 234 N ov. 2 N ov. 6 131 11554 N ov. 9 12134 N ov. 21 N ov. 13 93 10854 N ov. 2 2854 N ov. 6 7834 N ov. 30 195 N ov. 2 56 N ov. 23 3534 N ov. 20 N ov. 2 82 3534 N ov. 2 134 N ov. 2 15354 N ov. 19 11334 N ov. 20 5134 N ov. 97 N ov. 24 263 N ov. 12034 N ov. 113 N ov. 126. N ov. 17 2534 N ov. 5534 N ov. 5 4% N ov. 89 34 N ov. 18 534 N ov. 14334 N ov. 12 4554 N ov. 9354 N ov. 13234 N ov. 10 14 N ov. 13 6734 N ov. 131 % N ov. 28 84 54 N ov. 28, 4634 N ov. 13 N ov. 14 20 9754 N ov. 12 59 34 N ov. 5 89 N ov. 7 12654 N ov. 5 N ov. 18 121 5654 N ov. 9 119 N ov. 9 10034 N ov. 27 62 Jan. 90 Apr. 13 Apr. 47 Feb. 8654 Jan. 10 Mar. 734 Oct. 1 Jan. 119 Jan. 80 Mar. 117 Jan. 7134 Jan. 103 34 Jan. 1334 Mar 3634 Mar 161 Jan. 5334 Jan. 2954 Oct. 80 Sept. 2634 Mar. 54 N ov. 9034 Mar. 10734 Jan. 4934 Nov. 9034 Nov. 15834 Jan. ll5 Jan. 9734 Apr. 12054 Apr. 2234 Oct. 37 Jan. 37 Jan. 85 Oct. 434 Oct. 125 Apr. 2734 Apr. 87 Jan. 11454 Apr. 834 Mar 5834 Sept 83 Mar 7434 Mar 3234 Mar 1134 Jan. 9054 Sept 20 Mar 53 Jan. 10434 Jan. 115 Aug. 4554 Mar III Mar 90 Oct. 7534 M ay 29 11734 Oct. 9 Oct. 23 20 6234 Oct. 23 N ov. 30 116 1534 June 19 1254 M ay 27 234 Oct. 26 13354 Oct. 28 11554 N ov. 9 12134 N ov. 21 Oct. 17 95 10854 Oct. 30 29 34 Oct. 13 7954 Oct. 13 206 Feb. 11 5834 Sept. 1 Jan. 7 43 87 34 June 19 5434 Jan. 3 Oct. 24 2 153 54 N ov. 19 1143d Sept. 29 53 34 Oct. 24 N ov. 24 97 N ov. 6 263 12134 Sept. 14 11554 Sept. 17 128 July 28 Feb. 4 27 Apr. 18 62 5834 Apr. 18 July 8 92 654 Jan. 22 166 Jan. 2 515-4 Sept. 23 Fen. 19 94 June 17 135 14 Jan. 14 7 5% Jan. 14 1 3 1 5 4 N ov. 28 July 9 86 4634 N ov. 13 N ov. 14 20 June 11 100 5934 N ov. 5 Oct. 2 89 14434 M ar. 6 Feb. 16 124 57 54 Oct. 26 119 N ov. 9 10034 N ov. 27 114 Nov. 125 N ov. 78 N ov. N ov. 61 65 Nov 634 N ov. 11714 N ov. 11154 N ov. 146 N ov. 101 N ov. 4154 N ov. 11034 N ov. 6634 N ov. 97 34 N ov. 9 54 N ov. 105 Nov. 4134 N ov. 140% N ov. 113 N ov. 11154 Nov. 10734 N ov. 125 N ov. 109 N ov. 4934 N ov. 10054 N ov. 99 N ov. 4554 N ov. 90 Nov. 154 Nov. 1 Nov. 854 Nov. 3454 Nov, 12234 N ov. 12634 N ov. 8134 N ov. N ov. 66 7654 N ov. 7 % Nov. 12554 N ov. 11454 N ov. 154 N ov. 102 N ov. 44 34 N ov. 11234 N ov. 75 N ov. 10434 N ov. 1234 N ov. 105 N ov. 4454 N ov. 14234 N ov. 12054 N ov. 11934 N ov. N ov. 110 13554 N ov. 110 N ov. 6834 N ov. 10134 N ov. 10034 N ov. 5034 N ov. 9334 N ov. 234 N ov. N ov. 1034 N ov. 3934 Nov. 8934 Jan. 125 N ov. 76 Sept. 48 Jan. 3634 Jan. 554 Oct. 9054 Mar. 10534 Jan. 13834 Apr. 9834 Mar. 3754 June 108 Jan. 4754 Jan. 9134 Jan. 6 M ay 28 Apr. 3754 June 13054 Jan. 85 Feb. 8434 Feb. 10434 Jan. 103 Apr. 10534 M ay 3454 Jan. 9734 Aug. 96 Jan. 34 54 May 6934 M ay 154 Nov. 1 Aug. 7 M ay 2434 M ay 12234 13034 84 76 7654 1434 12554 11534 154 102 4454 120 120 12 6 13 11 13 10 24 4 10 10 Prices. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. Nov. Nov. Nov. N ov. N ov. N ov. 14% Nov. 2134 N ov. 3034 N ov. 7834 Nov. 109 N ov. 110 N ov. 96 N ov. 96 N ov. 2034 Nov. 4334 N ov. Sale Sale Sale Sale Sale 10 4 12 14 9 10 9 Lowest. Sale 42% 13% 6 1% 4854 1234 6834 99 34 14054 7434 2034 69 85 89 135 3734 6854 54 Sale 11334 Sale Sale 99 Sale Sale Sale 120 54% Sale 117 119 9 1 3 4 ------ 12134 125 78 6034 71 34 754 11754 11454 14934 101 4334 112 6634 9754 1134 110 Highest. Sale Prices. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 74% N ov. 143 N ov. 92 N ov. 83 34 N ov. 39 N ov. 3934 N ov. 17 N ov. 5034 N ov. N ov. 93 8554 N ov. 5154 N ov. 7234 N ov. 47 54 N ov. 4534 N ov. 97 34 N ov. 11034 N ov. 89 34 N ov. Sale 10734 Sale Sale Sale Sale Sale 134 135 Sale Sale Sale 108 Sale Sale 188 5834 Sale 83 Sale 13634 112 50 97 Sale 24854 120 J4 12034 Sale 107 127 124 Sale 2434 Sale 5134 Sale 48 87 34 82 Sale 454 Sale 137 Sale 4034 Sale 9234 Sale Sale 80 65 Sale Sale Sale Sale Sale Sale Sale 107 % 108 Sale 52% Sale Sale Sale 93 Sale Sale 12 Sale 3 4% 38 88 11854 Sale 41 4134 Sale 130% Sale 14154 Sale 119 54 Sale 87% Sale Sale 86 11854 Sale 104>* 10454 107 34 Sale 112 % Sale 13234 137 105% 109 10734 115 30% Sale 56 Sale 100 % 101 100 10134 0 2 % 96 97 9934 Sale 64 5034 Sale 05% Sale 9334 Sale 2 Sale 5 Sale Sale 4 1 3 9 54 Sale 11% 11 ? Sale 35 3634 Sale Sale 50 Sale Sale Sale Sale 147 100 7054 10534 1834 57% 115J4 1034 954 154 128 Lowest. Sale Prices. 4934 1754 77 7834 84 8234 75 121. R AN G E SIN CE J A N . 1. PRICES I N NOVEM BER. Bid. Ask. Bid. A sk. 5 0% Sale 5134 Sale Sale 18% 10% 18 [ V ol. Sale Sale Sale 126 2434 Sale Sale 9234 454 13734 Sale Sale Sale Sale 98 Sale 86 Sale Sale 118 100 Sale 130 81 65 Sale Sale Sale Sale 150 100 106 4254 Sale 11234 114 7454 Sale 104 Sale 1054 Sale 105 11854 3834 42 142 34 Sale 11554 Sale 11434 Sale 108 10834 127 Sale _____113 6834 Sale 10134 Sale 100 105 47 Sale 9154 Sale 154 Sale 1 2 9 34 Sale 37 Sale Nov. 4 Apr. 2 Jan. 13 June 12 N ov. 14 Feb. 28 N ov. 6 Oct. 9 Nov. 2 June 10 Oct. 27 1 1 2 3 4 N ov. 25 75 N ov. 30 10434 N ov. 17 2434 Feb. 14 12034 Oct. 15 Feb. 25 47 144 34 June 18 12134 Oct. 22 11934 Oct. 29 N ov. 12 110 13554 N ov. 4 Sept. 3 ( f 111 6834 July 21 Feb. 18 103 10034 N ov. 6 64 54 Jan. 6 9634 Jan. 20 734 Jan. 3 4 Jan. 2 1234 Jan. 9 3934 N ov. 18 STOCKS-STOCK EXCHANGE EECOKD D ec ., 1925.] SALES TO DEC. 1. STOCKS IT. T. STOCK EXCHANGE Par Anaconda Copper_______ 50 Archer Daniels M id-_no par Preferred_____________ 100 Armour (Del) pref______ 100 Armour of Illinois Class A .25 Class B ________________ 25 Preferred_____________ 100 Arnold Constable v t c.no par Certificates__________ A rtloom _____________ no par Preferred_____________ 100 Art Metal Construction._10 Associated DryGdsnewno par 1st preferred__________100 2d preferred__________100 Associated Oil_________ 25 Atl Gulf & W I S 8 Lines. 100 Preferred_____________ 100 Atlantic Refining_______ 100 Preferred____________ 100 Atlas Powder, new_ no par _ Preferred_____________ 100 Atlas Tack Corp_____ no par Austin, Nichols & Co .n o par Preferred_____________ 100 Auto Knit Hosiery_ no par _ Auto Sales_______________ 50 Preferred______________ 5 0 In November. Since Jan. 1 Shares. Shares. Price about Jan. 2 1925. Bid. 124 J* 1311* Sale 114 116 Sale 35 371* 50 102 25 231* Sale 23 171* Sale 47 Sale 38K 98 96 97 71K 711* Sale 114K 371* 475* 501* Safe 100 951* Sale 1145* 110 112 7 5* 51* Sale 50 28 32 44 K 4 21* 3 Sale Sale 54 107 K Sale Sale 40 99 Sale 343,700 1,600 1,400 100 49,500 14,000 800 200 18,000 4,041,870 12,720 35,300 1,500 1,111,700 92,000 58,500 3,000 321,400 600 177,300 1,282,700 48,500 21,400 139,200 8,500 10,000 11,900 5,400 13,800 225,700 140,136 1,002,100 32,450 208,300 7,076 1,248,700 260,800 113,000 103,200 9,200 2,700 134,400 80,900 54,900 41,000 2,800 182,500 90,550 376,500 28,600 700 Caddo Cent Oil & Ref.no par Calif Packing C orp_.no par California Petroleum_____25 Callahan Zinc-Lead______10 Calumet & Arizona Mg . 10 Calumet & Hecla________ 25 Case (J I) Thresh M ach. 100 Preferred_____________ 100 Central Leather________ 100 Preferred_____________ 100 Century Ribbon Mills.no par Preferred_____________ 100 Cerro de Pasco C op_ no par _ Oertain-Teed Prod_ no par _ 1st preferred_________ 100 2d preferred__________100 Chandler M Car (The)no par Chile Pneumatic T ool____100 Chcago Yellow C ab_.no par Childs C o . _________ no par Chile Copper_____________25 Chino Copper_____________ 5 Chrysler Corp ctfs____no par Preferred__________ no par d u e tt, Peabody & C o _ 100 _ Preferred_____________ 100 Coca Cola___________ no par Preferred_____________ 100 Colorado Fuel & Iron____100 Preferred_____________ 100 Columbia Gas & Elec.no par Preferred_____________ 100 9,800 31,600 355,700 15,500 38,100 15,800 23,800 4,200 37,200 65,700 6,300 500 103,500 37,500 1,100 142,800 2,900 98,500 IK IK 260,300 104 Sale 2,768,400 231* Sale 201,900 41* Sale 139,100 57 K Sale 87,400 18 K Sale 90,300 29 Sale 36,700 62 66 423,200 19 5* Sale 406,710 565* Sale 152,000 29K 33 K 4,900 94 96 783,900 55 Sale 1,123,300 44 Sale 7,900 6,900 857,000 36 K Sale 383,300 97 K Sale 26,400 54 55 441,300 901,050 371* Sale 39,000 27 K Sale 2,277,100 110,100 68,600 60 K Sale 2,600 102 104 877,800 801* Sale 3,300 95 99 972,000 43 K Sale 400 1,927,800 47 K Sale 82,700 Columbian Carbon_ no par _ Commercial Credit_____ Preferred 7 % _________ Preferred B ___________ Com Inv Trust______ no par Preferred_____________ 100 Commercial Solv A _ no par _ B _________________ no par Gongoleum Co new_ no par _ Conley Tin Foil stp d ..n o par Consolidated Cigar_ no par _ Preferred_____________ 100 Consol Distributors..no par Consolidated Gas___ no par Consol Textile_______ no par Continental Can Inc pref 100 Continental Can_____no par Continental Insurance____25 Continental Motors - .n o par Corn Prod Refg pref____100 New w i_______________ 25 C oty, In c____________no par Orex Carpet____________100 Crucible Steel o f Amer__100 Preferred_____________ 100 Cuba C o____________ no par Cuba Cane Sugar____no par Preferred______ ______ 100 Cuban American Sugar_ 10 _ Preferred_____________ 100 55,000 30,400 100 200 18,000 1,100 15,700 20,100 165,700 1,900 58,500 1,500 17,400 135,200 21,200 200 96,100 10,100 171,400 1,300 209,100 7,400 2,800 18,300 1,400 58,900 20,400 46,600 62,000 3,900 136,000 154,100 2,990 1,600 42,800 2,400 135,550 184,150 1,119,100 40,600 401,700 23,800 1,253,222 1,963,200 533,650 2,800 1,202,700 116,600 2,346,000 14,505 2,071,000 47,300 10,200 1,098,290 20,500 123,900 278,800 711,015 486,770 8,900 7,600 8,800 3,300 1,700 200 13,600 14,300 70,400 5.900 300 114,500 77,100 900 51,300 140,700 1,450 652,900 13,800 9,600 400 103,000 46,100 Nov. 30. A sk. Bid. Sale Sale 105 Sale Sale Sale 92 Sale Sale Sale 1065* 18 K Sale Sale 108 Sale Sale 56 Sale 118 55 K 94 Sale Sale 93K 15* Baldwin Locomotive____100 Preferred_____________ 100 Barnet Leather______ no par Preferred_____________ 100 Barnsdall Corp, Class A . .25 Class B _______________ 25 Bayuk Bros_________ no par Preferred_____________ 100 Beech-Nut Packing______ 20 Preferred B ___________100 Belding Brothers_____no par Bethlehem Steel Corp_ 100 _ 7 % preferred_________ 100 Cum conv 8% pref____100 Booth Fisheries______ no par 1st preferred_________ 100 Botany Cons Mills A _____50 British Empire Steel____100 1st preferred_________ 100 2d preferred_________ 100 Brooklyn Edison, Inc_ 100 _ Rights___________________ Brooklyn Union G as..no par R ig h ts__________________ Brown Shoe, Inc________ 100 Preferred_____________ 100 Briggs Manufacturing no par Brunswick-Balke-Coll. no par Brunsw’k Term & Ry SeclOO Burns Brothers______ no par Preferred_____________ 100 Prior preferred_______ 100 New Class B com _.no par Burro’s Add M ach_ no par _ Bush Terminal Co, newj___ Debenture______________ Bush Term Bldgs, p re f..100 Butte Copper & Zinc______5 Butterick_______________ 100 Butte & Sup Mining_____10 Byers & C o_________ no par Preferred_____________ 300 28,900 189,900 9,500 2,000 4,300 500 2,700 2,400 600 900 39,700 140,036 146,300 32,450 9,200 200 58,000 16,600 48,500 10,400 500 Nov. 2. 49 K 42 J* 101 97 K 25K 19K 91K 17 Sale 15K 491* 105K 15K 18 605* 100 Sale 106 Sale Sale 36K Sale 65 K Sale 55 103 Sale 116 115 53 52 92 94 15 Sale Sale 31K 891* 93 Sale IK 4 5 161* 13 1,801,500 471* 99,100 271* 8,800 89 90,210 90 1,290,700 r 840,800 1,300 210,000 81* 100,200 40,900 5,220 7,100 15 330,900 12,885 94 6,416 101 691,400 331* 931,200 221* 218,100 311* 309,700 951* 7,100 114 12,900 50 1,700 92 89,900 101* 266,100 31 11.000 871* 27,100 21* 4,400 31* 5,200 15 791* Sale 721* Sale 97 99 4 961* ------... 22 641* 5 Sale 97 118 23 65 96 98 81* Sale 24 Sale 231* Sale 49 50 121 122 K 42 K 14 K 26 K 79 K 31* 76 K 41* 1125* 69 105 81* 121 40 K 41 74 K 93 K 13 59 29 K 96 K Sale Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices Sale Prices. 49 42 101 975* 25K 175* 92 135* 13 49 5* 107 185* 57 98K 106 40 K 63 K 56 K 108 114 56 K 92 163* 30 93 IK 5K 12 Sale Sale 104 Sale Sale Sale Sale Sale Sale Sale Sale 20 Sale 100 108 Sale Sale Sale Sale 116K 57 933* Sale Sale Sale IK Sale 18 47 K 40 104 97K 243* 165* 913* 125* 12 5* 47K 106 18K 55K 985* 1073* 36 K 51 K 515* 102 116K 535* 94 145* 29 92K 13* 3 12 Nov. 24 Nov. 21 Nov. 12 Nov. 2 Nov. 5 Nov. 24 Nov. 11 Nov. 3C Nov. 28 Nov. 11 N o v .27 Nov. 4 N o v . 1C Nov. 25 Nov. 1C Nov. 2 Nov. 23 Nov. 2C Nov. 9 Nov. 24 Nov. 5 Nov. 7 Nov. 2 Nov. 16 Nov. IS Nov. 4 Nov. 18 Nov. 18 126 115K 45 101 25 23 K 39 99 68 K 114 Sale 38 Sale 48 Sale 1015* Sale 115K Sale 6K 56 48 Sale 43 Sale 3 22 K 103* 12K 13 146 Sale 134 5* Sale 9 8K 971* Sale 94 K 7 Vs Sale 128 153 108K HO 108K Sale 32 33 32 34 K Sale 91* Sale 11K 120 K Sale 117 99 98 95 112 K 1175* 110K Sale 33 34 941* Sale 91K 17 5* Sale 165* 86 86K 85 3* 101 99 5* 63* ,7K Sale 22 K Sale 235* 12 Sale 13 J* 38 K Sale 32 Sale 97 97 3* Sale Sale 51K 110 Sale Sale Sale 101 Sale _____ Sale Sale Sale 116 Sale 52 Sale 3K 32 Sale Sale Sale Sale Sale 130 HO Sale Sale 125* 117K 98 1175* Sale 93 17K Sale 103 Sale Sale Sale 35K 100 121 K 114 44 101 22 3* 22 K 38 5* 98 67K Nov. 9 107 Mar. 30 146 Feb. 26 Nov. 30 107 Aug. 11643 Jan. 31 Nov. 5 35 Jan. 5 7343 Oct. 8 Oct. 16 Nov. 20 93 5* Jan. 26 107 Mar. 3 Nov. 14 18 3* A u g .12 30 Nov. 14 14K Sept. 21 25 N ov. 14 Nov. 13 38K Sept. 29 53 43 Feb. 14 Nov. 6 9343 Oct. 9843 Feb. 16 Nov. 5 60 Mar. 23 7743 Aug. 26 11343 Oct. 16 115 July 16 Nov. 10 38 Nov. 7 37 Sept. 4043 Sept. 9 N ov. 18 50 Vs Nov. 7 37 June 5343 Jan. 13 102 Jan. 31 Nov. 4 102 Nov. 19 93 K June Nov. 2 115K Nov. 23 109 Mar. 18 11643 Feb. 9 Nov. 23 8 Nov. 12 843 Oct. 6 4K May Oct. 30 Nov. 19 50 Nov. 6 25 June 52 Nov. 21 45K Nov. 4 4043 Aug. 26 46 July 21 Nov. 18 4 Nov. 2 143 May 4 5 Oct. 29 Oct. 27 July 20 36 Nov. 7 325* Nov. 4 22 Oct. 26 Nov. 19 13' ' Nov. 10 643 July 15 14 Nov. 27 156K Nov. 6 12043 Jan. 2 15643 N ov. 6 Nov. 24 115* Nov. 6 8 N ov. 24 1143 N ov. 6 Nov. 24 1005* Nov. 5 7543 Feb. 17 10043 N ov. 5 Nov. 9 9K Nov. 9 743 N ov. 9 943 N ov. 9 N ov. 2 Nov. 7 157 Nov. 2 6443 Mar. 31 157 Oct. 9 Nov. 24 108K Nov. 4 96 Mar. 25 109 Nov. 16 333* Nov. 30 27 Oct. 24 4443 M ay 25 Nov. 21 34K Nov. 2 24 June 25 4943 Jan. 2l Nov. 2 17K Nov. 12 3 Feb. 1 1743 N ov. 12 Nov. 18 1213* Nov. 2 9243 Feb. 11 12343 Oct. 7 Oct. 22 Nov. 11 98K N ov. 7 9143 July 15 99 113 Jan. 9 11743 Sept. 1 Nov. 18 343* Nov. 4 17 Mar. 31 3643 Oct. 7 Sept. 4 Nov. 21 95K Nov. 16 65 Jan. 3 103 Nov. 17 183* Nov. 2 1443 June 4 1943 June 15 Nov. 17 87 Nov. 28 80 M ay 14 8943 June 20 Nov. 18 101 Nov. 10 9643 Jan. 6 102 Aug. 17 Mar. 31 Nov. 24 7K Nov. 6 4 843 Jan. 2 Nov. 2 25 Nov. 20 17 M ay 13 2843 Jan. 3 Nov. 2 165* Nov. 17 2443 Jan. 9 643 M ay Nov. 16 38K Nov. 2 23 Oct. 19 4443 Oct. 28 Nov. 4 97 Nov. 2 9543 Oct. 23 100 Oct. 24 Sale 28 94 92 91* Sale 121 Sale RAN G E S IN CE J A N . 1. PRICES I N NOVEMBER. Ask. Bid. 542,10C 8.80C 10C 6,50C 141,70C 287,20C 90C 11.20C 25.90C 3,70C 50C 2.50C 74.50C 1.30C 30C 60.50C 53,500 11,000 30,400 500 2,500 200 12,200 23,200 1,200 2,600 1,900 1,000 25 K 131 5* 281* 2J* 54 5* 145* 62 K 991* 201* 66'1* 351* 93 615* 53 K 101 851* 45 118 50 701* 35K 24 245 111K 70 109 169 1001* 405* 105 835* 112 535* 455* 25 K 26 K 79 107 K 122 120 235* 5* 40 ^ 85K 45* 935* 4J* 5 16 5* Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 97 K Sale Sale 1021* 101 5* Sale Sale 51 Sale Sale 24 K Sale Sale Sale 110 Sale Sale 108 Sale Sale Sale Sale Sale Sale Sale 5* Sale 128 Sale 31 Sale 2K Sale 57 K Sale 13 K Sale 66 K Sale 99 101 19 Sale 63 K Sale 31 33 94 96 605* Sale 503* Sale 1 04)5_____ 85M 100 45 Sale 124K Sale 47 51 67 5* Sale 345* Sale 20 )* Sale 1885* Sale 108K Sale 67 K Sale 105 107K 144 3* Sale 100K 35 K Sale 105 110 785* Sale 1115* 1125* 55 K 435* 215* 26 Sale 765* 102 Sale Sale 125 Sale 121 Sale Sale Sale 19 Sale 5* 5* Sale Sale 50 K Sale 89 K 90K Sale Sale 4K Sale 92 Sale Sale Sale 3K 118 . . . 115 Sale 82 84 K Sale Sale Sale 125 132 Sale 11 3* 13 K Sale Sale 121K 124 121 37 Sale Sale 39 K 54 57 K Sale 50 56 Sale 60 Sale Sale 76 80 K Sale 99 5* Sale 99 K 48 53 K Sale Sale 95* Sale 95* Sale 42 K Sale 45 K Sale 23 K Sale 25 98 K 92 K 97 97 Sale Sale 265* 273* Sale 103K Sale Sale Sale 5* Sale 91 Sale Sale Sale 118 Sale Sale Sale 124 Sale 56 Sale Sale 100 Sale Sale Sale Sale 97 K 53 K 445* 104 98 26 20 93K 173* 165* 49 5* 107 203* 613* 101K 108 40K 66 56 K 110K 1173* 58 94 165* 32 94K IK 5K 16 Nov. 6 Nov. 5 Nov. 12 Nov. 6 Nov. 9 Nov. 9 Nov. 13 Nov. 4 Nov. 2 Nov. 30 N o v .30 Nov. 6 Nov. 2 Nov. 4 Nov. 11 Nov. 20 Nov. 2 Nov. 30 Nov. 27 Nov. 9 Nov. 13 Nov. 7 Nov. 20 Nov. 4 Nov. 24 Nov. 9 Nov. 30 Nov. 9 18 2 24 20 11 11 5 6 30 Nov. 12 Nov. 10 Nov. 2 Nov. 28 Nov. 18 Nov. 30 Nov. 10 Nov. 10 Nov. 30 Nov. 24 N o v .18 Nov. 24 Nov. 24 Nov. 24 Nov. 10 5* 136K 323* 25* 59 5* 16 67K 100K 215* 705* 36 97 643* 53 K 105K Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 9 13 14 18 20 7 28 16 7 7 6 13 14 2 23 39 118 50 665* 343* 20 167K 105K 66K 105 140K Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 49K 1275* 525* 73 37 245* 253 1115* 705* 109 1773* Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 4 9 5 6 7 6 2 7 7 9 9 Apr. 21 Jan. Jan. Mar. 31 Mar. 19 N ov. 24 Oct. 31 Jan. 5 Sept June 19 Aug. 20 Jan Aug. 17 Jan. 7 Jan Mar. 30 Jan. 5 Jan. 5 Jan. 2 Sept. 18 June 5 Oct. 19 Feb. 16 July Jan. 27 Nov. N ov. 18 N ov. 18 5343 Nov. 6 4543 Oct. 1 105 Oct. 16 100 Oct. 8 2743 Oct. 5 2043 Oct. 23 93 43 N ov. 13 1743 Oct. 30 1643 N ov. 2 50 Oct. 31 107 N o v .30 2043 N ov. 6 6143 N ov. 2 102 Oct. 28 10843 Feb. 7 4143 June?15 77 Sept. 29 60 Sept. 23 11743 Feb. 5 11743 June 8 58 N ov. 13 94 Jan. 9 1643 N ov. 20 3243 Jan. 12 95 A u g .15 443 M ay 14 543 N ov. 30 1643 Feb. 3 1325* 115K 50 101 25 K 25 39 98 74 5* 125 283* 2 51K 125* 55 96 183* 62 32 95 58K 495* 101 35K 26 90K 90 y» 20 165* 91 K 8 10 39 101K 15 46K 94 101 32 20 31 95K 113 45 90K 9K 22 875* 1)* 3 12 37 45K 99 K 1145* 53* 49 K 42 3 30K 10 133 K 8 92K 7K 130 108 29 28 95* 116K 96 30K 91K 16K 85 99 K 65* 22K 113* 315* 96 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 76K Nov. 24 843* Nov. 5 1105* Nov. 10 1125* Nov. 16 Nov. Jan. 2343 Jan. Oct. d * Apr. 1243 May Mar. 24 Mar. 60 1443 Mar. 4943 Mar. 3043 Sept 9443 Oct. 4343 Mar. 4043 Mar. 8943 Jan. 8043 Feb. 2743 Aug. 80 43 Mar. 4443 July 49 43 Mar. 3043 Mar. 19 Apr. July July 5843 Mar. L0343 Jan. Jan. 80 99 Jan. 32 43 Apr. 106 Sept 4543 Jan. Jan. 243 Jan. 12 N o v .13 Mar. 7 443 Feb. 19 5943 N ov. 20 1843 Jan. 5 6743 N ov. 28 10043 N ov. 16 2343 Oct. 13 Oct. 13 71 4743 Mar. 7 9843 Jan. 14 6443 N ov. 14 5843 Sept. 8 110 Sept. 3 Sept. 9 103 Oct. 23 52 12743 N ov. 9 55 Jan. 3 7443 Oct. 26 3743 Jan. 2 2843 Feb. 9 N ov. 2 253 11143 N ov. 7 7143 Jan. 12 Sept. 15 109 17743 N ov. 9 10143 Mar. 2 48 43 Jan. 13 11043 Aug. 5 Oct. 21 86 11343 Oct. 29 51 Nov. 11 41K Nov. 11 25K Nov. 2 26K Nov. 2 75K Nov. 6 100 N o v .24 110 Nov. 10 108K Nov. 11 15 5* Nov. 27 5* Nov. 10 395* Nov. 18 895* Nov. 6 4 5* Nov. 24 905* Nov. 24 3K Nov. 10 117K Nov. 7 78 K Nov. 10 123 K Nov. 24 10 5* Nov. 24 122K Nov. 10 365* Nov. 5 54K Nov. 25 55 Nov. 5 753* Nov. 18 99 Nov. 4 46K Nov. 24 85* Nov. 11 415* Nov. 10 225* Nov. 10 93 5* Nov. 11 45 Mar. 3843 Sept 2543 Sept. 2643 Sept. 50 Jan. L O Nov. O May 80 May 76 1543 Nov. 43 May 2643 Jan. 7943 Jan. 343 Jan. 7443 Mar. 243 June Feb. .14 6043 Mar. .03 Jan. 843 Jan. .1843 Jan. 3243 M ay 48 Aug. 36 Mar. 6443 Mar. 92 M ay 4643 Nov. 743 Oct. 3743 Oct. Oct. 20 9343 N ov. 5543 Nov. 23 4943 Oct. 15 2743 Oct. 7 2743 Oct. 14 8443 N ov. 23 10743 N ov. 6 190 Jan. 29 189 Jan. 29 4343 Jan. 2 17 Feb. 10 5043 N ov. 30 9043 N ov. 28 943 Feb. 19 9543 Oct. 29 543 Jan. 7 Aug. 28 118 8543 N ov. 6 13443 Oct. 22 J543 Oct. 17 July 3 127 4143 Feb. 25 6043 Oct. 15 N ov. 24 60 8443 N ov. 7 10043 Sept. 14 5443 Oct. 15 1443 Feb. 9 6243 Feb. 26 3343 Mar. 3 Mar. 13 101 17 2 16 24 24 28 24 23 27 25 28 343* Nov. 30 425* Nov. 4 553* 46K 25K 27 K 84 K 107 K 132' 129 K 24 5* 50 K 905* 5K 95K 43* 117K 85 K 134 135* 123 40K 59 60 845* 100 535* 9 3* 465* 27K 97 Nov. 23 Nov. 2 Nov. 2 Nov. 23 Nov. 23 Nov. 6 Nov. 25 Nov. 27 Nov. 2 Nov. 10 Nov. 30 Nov. 28 Nov. 4 Nov. 5 Nov. 2 Nov. 7 Nov. 6 Nov. 2 Nov. 4 N o v .17 Nov. 24 Nov. 9 Nov. 24 Nov. 7 Nov. 5 Nov. 13 Nov. 14 Nov. 17 Nov. 17 Nov. 23 26 STOCKS—STOCK EXCHANGE HK('OiM» STOCKS H. 7 . STO C K EXCHANGE SALES TO DEC. 1. In November. Par Cuban Domin Sugar_.no par Preferred_____________ 100 Cudahy Packing________ 100 Cushmans Sons______ no par Preferred 8 % ______ no par Cuyamel Fruit_______ no par Daniel Boone W ool Mllls.25 Davison Chem v t c . .no par DeBeers Cons Mines.no par Deere & Co pref________ 100 Detroit Edison__________100 Bights Devoe & Baynolds A .n o par Preferred_____________ 100 Dodge Bros, Class A . no par Pref temp certifs_ no par _ Dome Mines L td_____no par Douglas Pectin______ no par Duquesne Light 1st pref. 100 Durham Hosiery________ 50 Preferred_____________ 100 Eastman Kodak_____ no par Preferred_____________ 100 Eaton Axle & Spring_no par R ig h ts__________________ E I du Pont de Nem & ColOO 6% cumul pref_______ 100 R igh ts__________________ Elec Pow & Lt pf 40% p d w i Certificates. Full paid w i Preferred certificates Elec Storage Battery.no par Elk Horn Coal Corp______ 50 Preferred______________ 50 Emersen-Brantingham . . 100 Preferred_____________ 100 Endicott-Johnson_______ 50 Preferred_____________ 100 Essex Cotton Mills 1st p f 100 Eureka Vacuum Clean .no par Exchange Buffet Corp.no par Fair (The) C o___________100 Fairbanks Co (The)______ 25 Fairbanks Morse_____no par Preferred_____________ 100 Fam Players-Lasky..no par Preferred_____________ 100 Federal Light & Tracnew 15 Preferred_____________ 100 Federal Min & Smelt____100 Preferred_____________ 100 Fidelity Phenix Fire Ins. .25 Fifth Avenue Bus___ no par First Nat Piet, 1st pref. .100 Fisher Body Corp, N e w ..25 Fisk Rubber_________ no par First preferred----------- 100 Fleischmann C o_____ no pau Foundation C o______ no par R ig h ts--------------------------Foundation Foreign rights _. Fox Film “ A ” ______________ Franklin Simon pref____100 Freeport Texas C o _ no par _ Gabriel Snubber A _ no par _ Gardner M otor______ no par Gen Amer Tank Car------100 7% preferred_________ 100 General Asphalt________ 100 Preferred_____________ 100 Gen Baking C o______ no par Preferred_________ no par General Cigar Inc_______ 100 Preferred_____________ 100 Debenture pref (7 % ) _ . 100 General Electric________ 100 Special when issued___ 10 'Sen Motors Corp new no par Preferred_____________ 100 6% debenture stock_ 100 _ Preferred 7% new____100 Gen Outdoor Adv A _.no par Trust certificates_ no par _ Genet al Petroleum_______ 25 General Railway Signal..100 Preferred_____________ 100 N ew_______________no par R ig h ts________ Preferred rights_________ General Refractories_.no par Glmbel Brothers_____no par Preferred_____________ 100 Ginter C o ___________ no par Glidden & C o________ no par Gold Dust certifs___ no par Goodrich (B F )______ no par Preferred_____________ 100 Goodyear Tire pr p f w i_100 Preferred_____________ 100 Gould Coupler “ A ” -----------Granby Cons M S & P ..1 0 0 Great Western Sugar_____25 Great Western Sugar pref 100 Greene Cananea Copper. 100 Guantanamo Sugar_ no par _ Gulf States Steel_______ 100 1st preferred---------------100 Hanna 1st preferred_____100 Hartman Corporation_ 100 _ Hayes Wheel________ no par Preferred........................100 Helme (G W )....................2 5 Hoe (R) & Co Class A .n o par Homes take Mining_____100 Household Products_.no par Houston Oil of Texas____100 Howe Sound________ no par R ig h ts__________________ Hudson Motor Car_ no par _ Hupp Motor Car Corp_ 10 _ Hydraulic Steel pref____100 Indep Oil & Gas_____ no par Indian M otocycle____no par Preferred_____________100 Indian Refining__________10 Certificates____________10 Preferred_____________ 100 Ingersoll-Rand_________ 100 New______________ no par Preferred_________ 100 Since Jan. 1. Shares 64.200 100 576,010 75.500 25.100 4.100 2,800 3.200 200 46.600 200 62.100 270,266 3,300 31.800 3,600 155,500 600 7.200 110,800 2.100 100 9,000 9.700 14,700 600 24",300 400 27.500 300 16,100 1,100 83,400 2.700 28,100 600 15.600 40.800 2,500 500 200 170.300 391.300 26,000 57.600 98.200 108,096 165.300 51,000 400 105,800 Price about Jan. 2 1925. Bid. N ov. 2. Ask. Bid. 2,000 59,400 17,600 42,770 8.700 235.100 3,800 1,825,500 59.300 306.100 4,920 58,000 214.000 30,010 13,900 4.700 1,064,200 3,666,000 131.000 959,600 966,580 164,296 165.300 179,050 5,880 1,877,300 Sale N ov. 30. Asit. Sale 3)4 Sale Sale 19 20 Sale 98)4 Sale 101 100)4 Sale 103)4 Sale 46)4 Sale Sale 1)4 Sale 37)4 Sale Sale 25)4 26)4 Sale 106 107 Sale 139 Sale Ask. Bid. Sale Sale 217)4 Sale 101)4 102 66 92 Q O 102)4 42)4 600 57,200 1.300 82,600 6.300 19.200 67,100 53 55)4 105 24 14 35.200 176,600 2.300 2.900 14,000 8.900 24.700 14,400 1,600 8.400 4,100 68.700 300 800 113,200 63,800 700 2.400 42)4 37)4 90 104 89)4 N ov. N o v .: N ov. : N o v .: N ov. Nov. N o v .: N ov .! Nov. 37 )4 Sale 9)4 10)4 58)4 Sale 102 103 Sale 58)4 Sale Sale 100)4 Sale 240 Sale 225 110 123 Sale" 104) 4 Sale 120 106 108 no 110 Sale 313)4 Sale Sale 11 Sale Sale 139)4 Sale Sale 99 94 94. 99 H Sale Sale 114)4 Sale 53) 4 Sale 30)4 Sale Sale 47) 4Sale 380 400 104 77)4 Sale Sale Sale Sale Sale Sale 43 68)4 104 46)4 25)4 45 105 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 30 23 4 2 20 20 4 7 6 118 115) 4 28) 4 N ov. N ov. N ov. N ov. 33 Vs N ov. 108) 4 N ov. 92) 4 N ov. N ov. 77 14) 4 N ov. 21)4 N ov. 4)4 N ov. 23)4 Nov. 71)4 N ov. 118)4 N ov. 271)4 104K 116)4 Sale 21 13 9 5 Nov. 101 X N ov. 1-64 Nov. 104) 4 N ov. 27 Nov. 105) 4 N ov. 91)4 Nov. 70 Nov. 13) 4 N ov. 21)4 Nov. 3 Nov. 18)4 Nov. 68 N ov. 115 Nov. 271)4 104)4 )4 107) 4 48)4 Nov. 25 17 N ov. 12 33)4 Nov. 14 3)4 N ov. 46)4 Nov. 109)4 Nov. 103 Nov. 112)4 N ov. 26)4 Nov. 82)4 N ov. 40 N ov. 78 Nov. 168 Nov. 14) 4 N ov. 108 Nov. 87)4 Nov. 21)4 Nov. 106) 4 Nov. 133)4 Nov. 160)4 Nov. 3)4 Nov. 15 Nov. 78)4 Nov. 166 N ov. 17)4 Nov. " 5 3 " ' N'ov.'25 17 N ov. 12 35)4 N ov. 16 3)4 N ov. 13 51)4 N ov. 4 n o Vs N ov. 19 109) 4 N ov. 6 115) 4 N ov. 13 N ov. 30 30 N ov. 19 85 N ov. 23 86 93) 4N ov. 23 175 N ov. 2 15) 4N ov. 27 108)4 N ov. 24 N ov. 7 125 28)4 N ov. 6 116) 4 Nov. 18 143)4 N ov. 2 183)4 N ov. 17 6)4 N ov. 17 43)4 N ov. 28 N ov. 5 84 N ov. 5 106 N ov. 4 23 266 104)4 72)4 Sale 104)4 Nov. 68 Nov. 44 N ov. 6 5 6 30 5 4 39)4 N ov. 20 10) 4 N ov. 4 58)4 N ov. 2 104 N ov. 23 61)4 N ov. 13 101)4 N ov. 13 256 N ov. 23 140 N ov. 14 107)4 N ov. 2 N ov. 28 108 106)4 N ov. 24 N ov. 7 336 11) 4N ov. 25 149)4 N ov. 7 N ov. 2 99 99)4 N ov. 27 114)4 N ov. .5 53)4 N ov. 2 30)4 N ov. 4 51)4 N ov. 14 105)4 Nov- 19 77)4 N ov. 2 45 77)4 114)4 49)4 25)4 N ov. N ov. N ov. N ov. N ov. 9 30 30 27 4 N ov. Nov. N ov. Nov. 47)4 Sale 65)4 Sale 101)4 108)4 Sale 108)4 Sale 20)4 20)4 18 18)4 97) 4Sale 114)4 Sale Sale 13 5 5)4 87)4 Sale 106)4 50 '61)4 Sale 36 43)4 Sale 103)4 106 Sale 77 44)4 63)4 100 106) 4 107) 4 20 18 95 110)4 13 5 83)4 106)4 61 32)4 43 104 71)4 48) 4 N ov. 30 N ov. N ov. 74)4 N ov. 6 N ov. 14 102 Nov. Nov. 108)4 N ov. 13 Nov. 113) 4 N ov. 2 N ov. 21)4 N ov. 5 N ov. 21)4 N ov. 7 N ov. 99)4 Nov Nov. 114) 4 N ov. 30 17 N ov. Nov. Nov. 5)4 N ov. Nov. 24 95)4 N ov. N ov. 107)4 N ov. Nov. 63)4 Nov. Nov. 37)4 N ov. N ov. 49) 4N ov. N ov. 28 106 Nov. Nov. 77)4 N ov. 30 Sale Sale Sale Sale Sale Sale Sale Sale 4)4 Sale Sale '38)4 48 42)4 69 24)4 3 Nov.' 27 Nov. Nov. Nov. N ov. N ov. Nov. No v . N ov. N ov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 100 39)4 48 45)4 69 25 3)4 98) 4 26 90 104 88 24 4)4 28 20)4 95)4 Sale 8)4 Sale 8)4 99)4 91 300)4 77 *92' no 40)4 110)4 94 77 15 24) 4 Sept 5 ) 4July 26)4 74)4 118)4 0 97)4 ^ 55)4 0 19) 4 J 39)4 C 4)4 A 54)4 0 110) 4 IS 114)4 J 120 J 36 J 87 R 86 P 93)4 P 177 C 17)4 J 110 C 125 P 28)4 C 116) 4 P F6 C 183)4 P 6) 4 P 43)4 P 84 P 106 A 24)4 C 6 9 28 13 66)4 103)4 44)4 22)4 112 Feb. 27 6) 4 44)4 Jan. 6 Oct. 3 107 104 Oct. 21 103) 4 N ov. 16 M ay 25 59 Jan. 9 7) 4 49)4 Jan. 23 27) 4 N ov. 13 N ov. 2 no 159)4 Sept. 29 6)4 Sept. 29 N o v .30 73 104) 4 Nov. 23 48) 4 Nov. 4 91)4 Oct. 17 18) 4 N ov. 20 23) 4Aug. 4 113 Sept. 23 23 N ov. 7 65)4 N ov. 6 114 Vi N ov. 6 115)4 N ov. 12 28)4 N ov. 5 77 Sale Sale 105)4 114)4 Sale 48)4 Sale Sale Sale 23)4 Sale 47) 4 Sale Sale 71 100)4 Sale 106)4 107)4 113)4 Sale 21)4 Sale 20 Vs Sale 20)4 Sale'' 92)4 Sale 96)4 Sale 111)4 Sale 110)4 113 19)4 Sale 16)4 Sale 5 5)4 Sale 4)4 87)4 Sale 90)4 Sale 102 103 106)4 '6 4 " 60 87 89 34)4 Sale 34)4 Sale 38 Sale 48) 4Sale 106 100 Sale 104 72 ____ 80 74)4 112 Sale 47)4 *49)4 45 48 49 43 Sale 34)4 Sale 42)4 Sale 81 Sale 70)4 Sale Sale 31 3)4 Sale Sale 118 35)4 Sale 18 Sale 25)4 Sale 5 4 6 16)4 Sale 31)4 Sale 16 17 21)4 Sale 95 Sale" " 5 ) 4 Sale' Sale 89 95 Sale 2 4 6 " 255' 302 Sale Sale 92 Sale Sale 73 104)4 48)4 89)4 18)4 21)4 112)4 23 65)4 37)4 Sale 35)4 Nov. 7 N ov. 7)4 Sale 50 Nov. 51) 4 Sale 103 Sale 102)4 N ov. 55 N ov. 59)4 Sale 100 Sale 98) 4 N ov. 235 N ov. 220 264 127 140 125 Nov. 101)4 Sale 100 Nov. 104 109 108 N ov. 109 114 106)4 N ov. 304 H Sale 301 N ov. 11)4 Sale 10)4 N ov. 114 Sale 106 N ov. 99 Nov. ____ 97 99 100 99) 4 Nov. 12)4 Nov. 113)4 Sale 52) 4 Sale 51)4 Nov. 28 N ov. 28)4 Sale 49 Sale 47 Ve N ov. 44 Highest. Sale Prices. 9 20 11 24 16 16 12 20 2 27 24 110)4 Sale 109)4 Sale 115 ------- 114 115)4 27)4 Sale 25)4 Sale 4)4 Sale "96)4 103 105 317 11)4 N ov. N ov. N ov. N ov. N ov. Nov. N ov. 36)4 N ov. 26)4 N ov. 106 N ov. 133)4 N ov. 2)4 19)4 98)4 90 103)4 44 54 104)4 38 84)4 15)4 21 18 H Sale 109)4 20 19 ------- 65 Sale" Lowest. Highest. Lowest. Sale Prices. Sale 107 Sale Sale Sale 224)4 Sale Sale 102 1-64 Sale 1 6 7 " Sale 105 Vs Sale 32)4 Sale 29)4 Sale Sale 107 Sale 108 92)4 Sale 91)4 Sale Sale Sale 70 Sale 76 12)4 13) 4 14 H 13) 4 Sale 21 25 26)4 22 25)4 Sale 2)4 3)4 3)4 Sale 19 20 Sale 23)4 Sale Sale Sale 69 71)4 Sale 117 118)4 117 118)4 96 96)4 Safe 53 52) 4 Sale 16 19)4 Sale 17 H 17)4 17 Sale 34 34 H Sale 4 3 3)4 '2 )4 " " 3 " 2)4 32)4 Sale 51)4 Sale 48)4 Sale 109)4 110 107)4 110 Sale '97)4 Safe" 108)4 Sale 106 Sale 114)4 115 107 Sale 115 Sale 29 29)4 Sale 85 84 s i " 'a r '' 83)4 85)4 Sale 2H4 24 46) Sale 4 75 61)4 Sale 83)4 Sale 87)4 Sale 171 174)4 Sale 168 11)4 " 1 2 “ 14) 4 16)4 14) 4 17 108 109)4 105 107)4 120)4 Sale 95)4 Sale Sale 22 13)4 Sale 25)4 Sale Sale 85 Sale 106)4 Sale 111 Sale 85)4 Sale 143)4 Sale 138 Sale 175 172 Sale 91 Sale 4)4 Sale 5)4 Sale 38)4 Sale 82)4 Sale 80)4 Sale 104 106 104)4 Sale 103) 4 106 Sale 20 10)4 Sale 20)4 Sale 63 100 145 R AN G E S IN CE J A N . 1. PRICES I N N OVEM BER. 170,168 6 Sale 3 28,800 43)4 Sale 20 129,400 100)4 57.800 6 6 67“ 99 400 224.900 54 " Sale" 4 8 " 14,030 7)4 Sale 1)4 7.563.700 45)4 Sale 41)4 6,700 23)4 Sale 27 11,100 81)4 83 X 108 385,459 112)4 Sale 146)4 387,007 73 66.800 54)4 Sale 950 96)4 100 1 0 2 )4 _____ 105 3,969.110 39)4 46)4 Sale 1.061.700 89)4 Sale 85)4 202.900 13)4 Sale 15)4 Sale 17)4 104.900 16 Sale 20 18)4 Sale 29,110 105)4 Sale 112 Sale 110 5,525 2 8 19 18 20 700 55 57 65 389.400 111 400 583 100 15“ 51.300 1,273,900 139)4 33,970 94)4 31,800 484,700 3,048,100 24.300 69.700 614.400 62)4 11,000 11)4 2,200 21 86,500 2)4 63,850 15 196.300 69 10,100 [ Y ol. 121. N ov. 45 49)4 N ov. 13 47)4 N ov. 23 73)4 N ov. 16 31)4 N ov. 3 ) N ov. 4 139)4 N ov. N ov. 31 4 ) 4N ov. 13 34)4 N ov. 13 23)4 N ov. 95)4 N ov. 18 9)4 N ov. 9)4 N ov. 13 N ov. 13 97 N ov. 11 310 100 N ov. 17 28)4 Aug. 2 4)4 Jan. 44) 4 Aug. 93)4 Feb. 1 42)4 Mar. 3 86)4 M ar. 1 121 Mar. 118 Oct. 84)4 M ay 105 Jan. 104 July 227)4 Feb. 1 10) 4 Oct. 1 64)4 Jan. 90 Feb. 1 88)4 Apr. 2 102 Jan. 45 ) 4 Aug. 1 26)4 Aug. 1 42 Jan. 1 144 June 1 90)4 July 1 68 N ov. 2 1 Oct. 1-16 Oct. 1 42 Oct. 47 Mar. 1 102)4 Mar. 1 22)4 Feb. 1 12) 4 Mar. 1 39)4 P 16)4 R 60 C 104 P 63)4 J 101)4 P 256 I 140 I 109 ( 111) 4 I 110)4 < 337)4 1 11)4 J 149)4 3 99 7 99)4 3 114)4 3 54)4 S 33 S 59 J 395)4 ( 105)4 3 80)4 < 7 ( )4 ( 58)4 J 77)4 3 114)4 3 49 )4 i 26)4 < 37 Mar. 36)4 Jan. 92 Jan. 103 Apr. 2 86)4 Jan. 20 N ov. 1 13 M ar. I 91 Jan. ] 107 Apr. 3 11) 4 Mar. ] 3)4 Sept. 2 67)4 M ar. 1 101)4 M ay 42)4 July 2 25)4 Apr. 1 30 Mar. ] 100 Jan. 66 M ay 114)4 Sept.J 38)4 N ov. ! 43 Jan. 34)4 Jan. 59 Apr. I 16 J4 June : 3 Oct. ! 33)4 Jan. 14)4 Mar. 4 Oct. ! 13) 4 Jan. 13 M a r .: 83 Apr. 5)4 Jan. 6 Sept. 77 Mar. il 8 May 77 N ov. L05 Sept. 51 < 74)4 3 102 3 108)4 3 114) 4 < 23 S 21)4 J 113)4 . 115) 4 . 19)4 • 6) 4 ; 95)4 3 107)4 3 89 3 37)4 . 49)4 : 106 77)4 • 115 ' 48)4 5f . 47 )4: 85 . 31)4 : 3)4 139)4 31 7) 4 41)4 24 99 10)4 9)4 77 310 100 105 D ec., 1925.] STOCKS STOCKS—STOCK EXCHANGE RECORD 37 R AN G E S IN C E J A N . 1. N. 7 . STOCK EXCHANGE Inland Steel_________ no Preferred_____________ Inspiration Cons Copper _ Internal Agricultural.no Prior preferred_______ Int Business Machines no Internat Cement____ no Preferred_____________ Inter Combus Eng___no Internat Harvester_____ Preferred_____________ Internat Merc Marine___ Preferred_____________ International Nickel____ Preferred_____________ International Paper_____ Preferred ( 6 ) ________ Preferred (7) R ig h ts_____ International Salt,_____ International Shoe_ no _ Preferred____________ Int Tel & Tel__________ R ig h ts---------------------Intertype Corp______ no Jewel Tea Inc___________100 Preferred_____________ lOO Jones Bros Tea Inc_____100 Jones & Laugh Steel pref.100 Jordan M otor Car____no par Kansas City Lt 1st pf.no par Kansas & Gulf___________10 Kayser (J) & Co new.no par First preferred new.no par Kelly-Springfield Tire____25 Preferred 0 % ________ 100 Preferred 8 % ________ 100 Kelsey Wheel Inc_______ 100 Preferred_____________ lOO Kennecott Copper_ no par _ Keystone Tire & R ub.no par Kinney (G R )_______ no par Preferred_____________ 100 Kresge (S S) C o ________ 100 Preferred_____________ 100 Kresge Dept Stores_ no par _ Preferred_____________ 100 Kress C o_______________ 100 Kuppenheimer____________ 5 B preferred___________100 Laclede Gas (St L ouis)..100 Lee Rubber & Tire_ no pai _ Lehn & Fink________ no par Lima Loco Works___ no par Liggett & Myers Tob pf.100 N ew__________________ 25 B new_________________ 25 Loews Incorporated..no par Loft Incorporated____no par Long Bell Lumber A . . n o par Loose-Wiles Bis tr ctfs___100 First preferred_______ 100 2d preferred_________ 100 Lorillard (P) pref_______ 100 New___________________25 Louisiana Oil________ no par Loulsv Gas & El A ctfs no par Ludlum Steel________ no par McOrory Stores, cl B .no par Preferred_____________ 100 McIntyre Por Mines______5 Mackay Companies_____100 Preferred_____________ 100 Mack Truck Inc_____no par First paid_________ no par 1st preferred_________ 100 2d preferred_________ 100 M acy_______________ no par Preferred_____________ 100 Magma Copper______ no par Mallinson(H R)& C o.no par Preferred_____________ 100 Manati Sugar___________100 Preferred_____________ 100 Manhattan Beach______ 100 Manhattan El Supp. .no par Manhattan Shirt________ 25 Preferred____________ 100 Manila Electric C orp.no par Maracaibo Oil Expl_ no par _ Marland Oil_________ no par Marlin-Rockwell_____no par Martin Parry C orp^..no par Mathieson Alkali Wks.no par Preferred_____________ 100 M ay Dept Stores________ 50 Preferred_____________ 100 Maytag C o __________ no par Metropol Edison pref.no par Metro-Goldwyn Pic p r e f..27 Mexican Seab’d Oil_ no par _ Miami Copper___________ 5 M id-Cont'fPetrole'm .no par Preferred___________ ..1 0 0 Middle States Oil________ 10 Midland Steel Prod pref.100 Montana Power________ lOO Preferred_____________ 100 Montgomery Ward & C o .10 Moon Motor Car_____no par _ Mother Lode Coali_ no par M oto-Meter Class A _______ M otor Wheel tern ctfs.no par Mullins Body________ no par Preferred_____________ 100 Munsingwear________ no par Murray Body ctfs___ no par Nash Motors C o_____no par Nash Motors preferred-.100 National Acme stam ped.. 10 National B iscu it________ 25 Preferred_____________ 100 Natl Cloak & Suit______100 Preferred_____________ 100 Nat Dairy tern ctf____no par National Dept Stores.no par Preferred_____________ 100 R ig h ts__________________ Nat Distill Prod v t c.n o par Preferred__________no par Nat Enamel & Stamp_ 100 _ Preferred_____________ 100 Jan. 0 Jan. 13 N ov, 14 Oct. 22 June 6 Aug. 10 Aug. 6 June 10 N ov. 13 N ov, 2 Jan. 2 Oct. 8 June 29 Feb. 20 Jan. 9 July 23 M ar. 7 Oct. 5 July 5 July 24 Oct. 15 M ay 9 Oct. 16 Jan. 29 N ov. 5 M ay 27 Jan. 2 N ov. 9 Oct. 26 Oct. *2, Aug. 29 Jan. 12 28 STOCKS-STOCK EXCHANGE EECOED SALES TO DEC. 1. STOCKS In November. Par National Lead_________ 100 Preferred____________ 100 Since Jan. 1. Shares. Price about Jan. 2 1925. N ov. 2. 22,600 1,000 6,400 Preferred. 200 200 Nevada Consol C opper. _ 23,200 900 200 N Y Air Brake__________ no par 37,600 Class A ________________no par 4,100 New York Canners___ no par 216,800 600 49,700 Preferred. 5,400 1,400 300 900 NlagJjOckp& O ntPow pf 100 100 North Amer’n when iss_ 10 _ 377,500 Preferred______________ 50 8,100 Norwalk T & R ub____ 62,700 Preferred________________ Nunnally Co (The)_ no par _ 12,100 23,300 Preferred. 2,100 .100 10,700 116 117 ' 122,900 61 56 Sale 2,100 104 % Sale 2,000 171 242,600 16 Sale 56 10,400 52 93 4,500 84 Sale 307,200 56 34,500 55 57 870,647 34 J* 35 K 1,700 131,520 29 30 Sale 29,870 55 74,000 20 7,600 96 A 98 Sale 32,100 29 1,200 3,355,510 42)4 Sale 97,600 46 56 Sale 184,200 500 50,600 7A 856 23,300 2,100 11614 5714 10814 218 15 6314 90 3414 53 56 7014 95 31 65 74 Ontario Silver Mlnlng.no par 1,700 Onyx Hosiery___________ nopar 4,200 Preferred_____________ 100 1,600 Oppen’m, Coll & C o.no par 15,100 Orpheum Circuit Inc______ 1 8,900 Preferred______________ 10 100 Otis Elevator____________ 50 12,500 Preferred_____________ 100 100 Otis Steel_______________ nopar 30,900 Preferred_____________ 100 7,700 Outlet C o__________ no par 7,050 Preferred____________ 100 2,300 Owens Bottle____________25 49,000 Preferred_____________ 100 200 Pacific Gas & Electric_ 100 _ 35,900 Pacific Mail SS____________5 100 Pacific Oil______________ nopar 441,100 Pacific Teleph & Tel eg ..1 0 0 Preferred_____________ 100 200 Packard_________________ 10 373,600 Paige Det M ot Car_.no par 179,300 Pan-Amer Pet & T r ______ 50 45,300 Class B stock_________ 50 463,400 Pan-Am West P B ___no par 109,600 Panhan Prod & R ef. .no par 11,300 Panhandle P & R , pref. .100 600 Parish & Bing, stpd . . n o par 600 Park & Tilford______ no par 6,900 Pathe Exchange “ A ” _______ 42,700 Penick & Ford______ no par 5,700 Penn Coal & Coke_______ 50 2,600 Penn-Seab St v t c ____no par 165,500 People's Gas L & C o k e ..100 10,900 Philadelphia Co (Pitts)_ 50 _ 58,000 Philadelphia Co pref_____50 700 5% preferred_________ 50 100 Phila & Read C & I ..n o par 82,100 Certificates___________ nopar 300 Phillips Jones Corp___no par 500 Preferred_____________ 100 200 Philip Morris & C o ______ 10 12,500 Phillips Petroleum___no par 348,000 R ig n ts__________________ 121,900 Phoenix Hosiery__________ 5 1,900 Preferred_____________ 100 200 Pierce-Arrow M ot C _.no par 500,700 Preferred_____________ 100 37,800 Pierce Oil Corp__________ 25 33,500 Preferred_____________ 100 1,900 Pierce Petroleum_____ no par 23,200 Pittsburgh Coal (of P a )..100 4,400 Preferred_____________ 100 1,700 Pittsburgh Steel pref___ 100 1,400 Pitts Term Coal Receipts. 100 6,400 Preferred_____________ 100 700 Pittsburgh Utilities, p r e f ..10 12,700 Preferred certifs_______ 10 1,400 Preferred certifs, new 1,000 Porto Rico Am T ob _____100 Postum C ereal______ no par 6.700 New_______________no par 70,600 Pressed Steel Car_______ 100 23,100 Preferred_____________100 2,100 Producers & Ref Corp____50 15,000 Preferred______________ 50 600 1,600 Pub Serv Corp o f N J pf.100 New__________________ no par 57,000 7 % --------------100 1,600 Pub Serv E & G, pref_ 100 _ 3,700 Pub Serv Elec Pow, p f_ 100 _ 500 Pullman Company______ 100 67,300 Punta Alegre Sugar______ 50 38,500 Pure O il.n_______________ 25 66,700 8% preferred_________ 100 700 21,800 30,400 10,075 50,300 187,000 3,800 170,413 3,400 745,600 58,560 7,050 2,300 541,600 1,800 153,000 21.300 3,166,160 5,550 1,900 3,887,200 962,700 1,056,300 6,416,760 219,100 65,600 6,200 13,100 219,020 184,100 100,600 29,300 1,996,500 131,900 357,600 12,204 100 799,800 3,200 13,300 18,800 422,800 3,518,200 121,900 44,300 3,600 4,441,840 821,000 311,800 46,300 1,097,890 107,300 21,200 9,800 74,400 8,300 148,375 22,700 3,300 2,300 413,000 70,600 171,250 17,200 257,800 19,000 70,350 1,023,400 13,550 35,800 6,000 675,300 315,200 1,018,250 10,900 914 37 94 4614 3014 102 133 56 10614 1214 8514 57 100 6114 113 13014 1014 5414 Radio Corp o f Amer. _no par 388,800 Preferred______________ 50 3,100 Railway Steel Spring___ 100 47,600 600 Preferred_____________ 100 Rand Mines_____________ 300 Ray Consol Copper______ 10 61,700 Reid Ice Cream_____ no par 17,400 600 Preferred_____________ 100 R ig h ts____________ 14,500 Reis (Robt) & C o____no par 3,300 1st preferred_________ 100 25,300 Remington Typew riter.. 100 1st preferred__________100 300 2d preferred__________100 500 Replogle Steel___________ no par 44,500 Republic Iron & Steel_ 100 _ 74,700 Preferred_____________ 100 2,200 Reynolds Spring C o ..n o par 62,800 Reynolds (R J) Rob Cl B .25 52,700 2,000 7 % preferred__________100 1,200 Rossia Insurance________ 25 Royal Dutch Co N Y shs.100 48,500 19,900 8t Joseph Lead___________10 Savage Arms Corp______ 100 36,700 165,500 Schulte Retail Stores .no par 2,100 Preferred_____________ 100 Seagrave_________________no par 7,500 Sears Roebuck & C o ___ 100 89,400 34,100 Seneca Copper new. .no par Shattuck Arizona Copper. 10 1,800 ShattuckG (F ) ______ no par 13,300 Shell Transport & T r a d ..£2 5,900 Shell Union Oil__________ no par 139,600 Preferred_____________ 100 2,400 Sherwin-Williams pref_ 100 _ Simms Petroleum________ 10 97,800 Simmons C o_____________ nopar 19,500 Preferrd __________ 100 500 5,139,910 39,050 240,250 8,400 4,600 969,700 47,800 2,700 14,500 320,600 6,500 516,400 2,400 6,200 552,700 513,100 18,500 487,000 578,200 11,300 22,800 714,820 448,410 856,000 542,500 11,000 129,300 1,100,920 34,100 29,800 295,700 40,000 2,777,980 28,190 800 1,230,300 364,750 3,300 Nov . 30. Bid. Ask. Bid. A sk. Bid. 218,700 160 A Sale 167A Sale 163 6 6K 1814 22 79 83 56 27 H 97 90 102 10 60 H Sale 100 Sale 107 A Sale 62 47 A Sale 103 9 54 Vs 8714 93 15 J6 Sale Sale Sale 94 96 Sale 65 Sale 64 Vs Sale 3 44 3414 Sale 20 85 14 56 50 K 156 2514 556 49 9814 101A 61 8614 15 4614 3014 72)4 73 4214 314 36 114 2814 88 Sale Sale 115 Sale 46 23 92 Sale Sale Sale Sale Sale Sale Sale Sale 62 Sale Sale 53 Sale 103 Vs Sale 220 Sale 90 9014 Sale Sale Sale 108 33 6714 77 100 10114 28 2814 10714 10814 Sale 73 4914 Sale 1514 Sale 75 88 1614 Sale 1814 1914 2)4 11914 5914 49 3514 48 56 Sale 3914 49 4956 38 85 Sale 52 82 88 84 14 56 Sale 23 36 A Sale 4314 26 2 114 56 K 4514 Sale Sale 110 3514 97 4614 96 114 24 5 4414 100 62 8314 14*4 14 1214 50 133 6156 87 K 29 43 110 69 H 99 Sale 56 Sale 8014 Sale 1614 43 54 31 111 11614 Sale 8214 10014 10314 9754 101 56 104 Sale 148 162 3956 Sale 3514 29 56 Sale 2714 105 10514 107 1114 Sale Sale Sale Sale 105 Sale 10814 Sale Sale Sale Sale Sale 115 Sale 1214 Sale Sale Sale Sale Sale Sale Sale 42 Sale Sale Sale Sale Sale Sale Sale Sale 39 Sale 4014 59 87 Sale Sale Sale Sale Sale 119 35 Sale 5514 47 17214 119 35 1454 11 64 52 56 100 108 21 1214 73 Sale Sale 120 Sale Sale Sale Sale Sale 12014 94 Sale Sale Sale Sale 11254 20 Vs 81 10854 10214 107 1554 5414 9314 954 93 54 12054 89 5154 4414 6914 11514 113 1454 22414 Sale 91 Sale 11014 11014 Sale Sale Sale Sale Sale 12114 Sale Sale Sale Sale Sale 11414 Sale Sale 614 6654 4214 2414 104 106 21 5454 10514 Sale Sale 4254 Sale 62 K 153 A Sale 754 43 2254 9914 104 23 33 754 Sale Sale Sale Sale Sale 3854 2514 72 74 42 314 lA 27 7614 1854 1714 214 11614 60 4714 36 4154 38 53 80 2114 43 1054 Sale 9454 Sale Sale 107 Sale 10614 Sale Sale 52 100 Sale 114 Sale 1214 Sale Sale Sale Sale Sale Sale 4 42 2A Sale Sale 1954 Sale Sale Sale Sale 48 40 Sale 40 55 85 Sale Sale Sale 37 9754 Sale Sale Sale 24 Sale Sale Sale Sale Sale 11956 3914 Sale 56 ys Sale 97 100 Sale Sale 106 Sale 42 46 A Sale 17114 Sale 122 121 3354 35 1254 Sale 53 A 54 3 19 75 102 105 106 1514 57 92 54 1014 95 121 88 5354 44)4 76 124 116 13 A 222 Sale Sale 95 Sale 10554 10614 Sale Sale Sale Sale Sale 121 14 8814 Sale 4514 Sale Sale Sale 14 Sale Sale 614 Sale Sale Sale 105 Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 16214 Nov. 10 174 K N ov. 7 13814 Apr. 27 17454 N ov. 7 Sale 11614 N ov. 11614 118 56 N ov. 5654 Sale 10754 11054 10814 Nov. 214 N ov. 1314 Nov. I S A Sale 85 Nov. 95 75 100 90 54 Nov. 105 Sale 38 3414 N ov. 54 5614 5314 N ov. 6614 N ov. 70 A Sale 109 108 N ov. 3254 N ov. 4254 Sale 6714 N ov. 7214 76 75 77 7014 N ov. 9914 N ov. 9954 100 2754 27 A 27 A N ov. 108 Sale 108 N ov. N ov. 63 6814 Sale 4854 N ov. 4954 Sale 13 54 Sale 1354 N ov. 88 89 1514 N ov. 1714 Sale 3454 N ov. 3514 Sale Sale 10314 N ov. 105 10 3414 9314 5154 2954 102 12614 104 12 86 51 99 6654 11314 12814 1014 5954 Highest. Lowest. Sale Prices. 2 10 13 24 18 18 17 2 2 5 7 4 4 5 21 5 30 18 10 24 1 0 A N ov. 23 3414 9314 46 2954 102 12514 10614 11 A 81 14 4914 98 61 14 115 12514 1214 5454 Nov. N ov. Nov. Nov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 118 30 24 11 30 6 23 11 24 11 24 11 2 6 18 11 2 15 100 91 40 A 56 74 A 110 45 K 75 A 75 100 28 56 108 73 A 49 A 17 A 11 37 A 97 51 A 30 A 102 136 106 A 13 A 88 K 57 100 69 A 115 137 A 12A 61A 103 101 36 A N ov. 24 4 8 Vo 2454 N ov. 18 31 A 7014 N ov. 11 7 4 A 71 14 N ov. 10 75 A 4014 N ov. 10 44 A 254 N ov. 4 4 A N ov. 27 41 38 l A N ov. 10 1A 2614 N ov. 27 29 A 3914 46 168 119 33 54 1214 53 9254 254 1754 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 97 54 N ov. 10414 N ov. 10514 N ov. 1 4 A N ov. 52 A Nov. 92 A Nov. 9 A N ov. 92 N ov. 12054 N ov. 88 N ov. 51 A N ov. 4354 N ov. N ov. 67 11514 N ov. 113 N ov. 1314 N ov. 21214 N ov. Nov. 9 5 A N ov. 61 1 N ov. 4 4314 N ov. Nov. 24 103 N ov. 9 61-4 6914 4514 2454 104 106 21 N ov. 2314 Sale 51 A N ov. 5314 Sale 10514 10554 10514 N ov. N ov. 16 10914 Sept. 26 11854 Aug. 13 Jan. 29 Apr. 22 Oct. 9 N ov. 2 1154 Apr. 27 1654 Jan. 7 N ov. 27 52 Feb. 25 110 July 1 July 2 N ov. 19 8214 Jan. 20 111 N ov. 6 3114 Oct. 17 5614 Jan. 3 N ov. 25 50 Sept. 18 67 Jan. 7 N ov. 12 3154 Mar. 30 7414 N ov. 12 N ov. 20 95 Mar. 9 110 N ov. 20 N ov. 13 18 Mar. 24 4514 N o v .13 N ov. 16 5214 Jan. 14 7514 N ov. 16 N ov. 10 17 Feb. 13 87 Oct. 7 N ov. 10 97 Jan. 15 102 June 9 N ov. 18 2754 Oct. 8 29 Jan. 2 N ov. 30 107 Feb. 25 10814 Aug. 4 Oct. 27 N ov. 4 4114 Jan. 5 75 N ov. 18 4654 Jan. 2 5014 Sept. 12 N ov. 6 1214 Sept. 30 1814 Aug. 27 8114 Sept. 28 85 Aug. 27 N ov. 18 Jan. 16 1814 N ov. 18 8 N ov. 12 3414 N ov. 24 38 N ov. 12 N ov. 24 10314 N ov. 20 105 N ov. 24 Oct. 30 N ov. 5 514 Jan. 22 11 N ov. 4 1854 Jan. 6 3714 N ov. 4 N ov. 9 7814 Mar. 31 97 N ov. 9 N ov. 30 411s Sept. 24 5114 N ov. 30 N ov. 2 2554 Jan. 16 3214 July 30 Sept. 28 N ov. 6 98 Jan. 6 107 N ov. 4 8754 Feb. 27 14014 Aug. 21 July 21 N ov. 11 101 Feb. 13 112 N ov. 5 Mar. 18 15 K Aug. 28 8 N ov. 13 5014 Mar. 18 9714 Aug. 28 N ov. 2 4914 N ov. 24 57 N ov. 2 N ov. 2 N ov. 2 98 N ov. 11 100 N ov. 13 4254 Mar. 17 6954 N ov. 13 N ov. 6 11014 Apr. 24 115 N ov. 6 N ov. 4 10214 Jan. 5 13714 N ov. 4 N ov. 11 514 Apr. 18 1214 Oct. 21 N ov. 12 5154 Aug. 18 6514 Jan. 31 Sept. 15 Jan. 15 118 94 103 N ov. 16 9214 Jan. N ov. 12 15 Jan. 4814 N ov. 12 Oct. 24 32 N ov. 2 1754 May N ov. 5 5914 Sept. 8314 Mar. 3 N ov. 14 6014 Aug. 8414 Mar. 3 Oct. 29 47 N ov. 4 3714 Oct. N ov. 16 554 Feb. 26 214 Aug. N ov. 17 37 6014 Feb. 26 Oct. N ov. 10 114 Feb. 11 114 Jan. N ov. 13 25 Sept. 3514 Jan. 10 Nov. 2 7614 Oct. 9054 Oct. 27 Apr. 14 28 N ov. 13 1714 N ov. N ov. 13 1254 Apr. 2654 Jan. 2 Jan. 9 3 N ov. 2 1 Aug. Oct. 16 123 N ov. 5 112 Jan. N ov. 5 5114 Mar. 6454 N ov. 5 July 17 49 N ov. 2 4514 Jan. N ov. 6 37 Nov. N ov. 6 37 N ov. 13 3754 May 5214 Jan. 9 N ov. 13 38 5014 Jan. 23 July N ov. 6 51 9014 Jan. 12 Sept. N ov. 25 8114 June 9554 Jan. 15 N ov. 6 1254 Mar. 2514 Sept. 1 N ov. 12 3614 Mar. 4714 June 12 N ov. 16 154 N ov. 16 54 Nov. 4214 July 15 N ov. 2 18 Apr. N ov. 14 98 Nov. 14 84 Apr. N ov. 2 1014 Mar. 47 54 Oct. 29 100 N ov. 4 Mar. N ov. 4 43 N ov. 2 314 Feb. 5 156 N ov. Feb. 26 40 N ov. N ov. 5 22 N ov. 4 814 Feb. 5 454 Oct 5414 Jan. 13 N ov. 18 3756 M ay Jan. 5 99 M ay 80 Mar. 10214 Jan. 8 N ov. 4 94 N ov. 4 30 Apr. 63 54 Jan. 17 N ov. 18 79 July 8814 N ov. 18 N ov. 4 1214 Mar. 1714 June 25 16 June 26 N ov. 16 1254 Mar. N ov. 4 1254 N ov. 1514 July 3 Sept. 23 62 4014 Mar. Aug. 25 143 N ov. 6 9314 Feb. N ov. 28 6454 Nov. 79 54 N ov. 28 69 Jan. 23 N ov. 5 45 June 9214 Jan. 3 N ov. 16 7614 July N ov. 2 1214 Aug. 3254 Feb. 3 Sept. N ov. 24 27 4754 Feb. 7 Oct. 14 119 N ov. 13 10854 Apr. 8714 Aug. 5 N ov. 2 6254 Mar. Oct. 11 108 N ov. 18 99 Jan. N ov. 30 9214 M ay 9914 N ov. 30 Oct. 14 108 N ov. 25 10014 Jan. 17314 S ep t.17 N ov. 2 129 Mar. N ov. 18 33 July 4714 Jan. 7 N ov. 14 2514 Aug. 33 54 Feb. 4 N ov. 21 10214 Jan. 10814 Sept. 9 57 A N ov. 18 55 ys Sept. 24 71 1 08 A N ov. 13 104J4 Jan. 2 110 218 N ov. 4 206 Jan. 21 222 9 1814 24 38 20 105 Nov. 10 70 1714 N ov. 7 17 N ov. 24 154 Nov. 21 11654 N ov. 28 5814 N ov. 11 47 54 N ov. 24 N ov. 6 37 3814 N ov. 7 39 N ov. 9 51 N ov. 16 N ov. 25 84 1954 N ov. 24 4014 N ov. 10 A 54 N ov. 24 Sale 35 34 Nov. 11 96 97 N ov. 23 100 Sale 3514 3114 N ov. 18 Sale 89 86 N ov. 17 Sale 1 14 1 14 N ov. 13 23 22 N ov. 5 27 Sale 454 N ov. 6 514 Sale 4014 Nov. 30 4014 83 N ov. 27 Sale 9714 10014 9754 N ov. 27 Sale 55 58 5314 N ov. 24 8714 N ov. 4 88 8514 88 Sale 1454 Sale 1414 N ov. 2 Sale 14 N ov. 2 1414 16 15 1514 14 1254 N ov. 4 56 63 59 Sale 12814 N ov. 17 Sale 77 6454 N ov. 18 Sale Sale 57 5554 N ov. 24 Sale 8114 8214 8014 N ov. 2 Sale 1454 Sale 12J4 N ov. 24 31 34 34 31 N ov. 5 117 118 117 N ov. 17 118 Sale 8014 Sale 7854 N ov. 24 105 105 10514 10314 N ov. 10 Sale 9914 Sale 9714 N ov. 4 106 N ov. 5 10614 Sale 105 Sale 15554 Sale 154 A N ov. 24 Sale Sale 39 3514 N ov. 2 Sale 2654 Sale 2614 N ov. 24 Sale 10714 108 10614 N ov. 7 69 50 138 116 33 1654 93 A 15 % 7554 119 A 92 53 A 45 8454 114 110 Ask. 121. R AN G E S IN CE J A N . 1. PRICES I N NOVEM BER. Shares. [V ol. 88 2056 20 2A 121 64 K 49 37 42 A 41 A 55 84 23*4 46 A 156 37 A 98 47 A 100 1K 25 5K 4456 8756 10156 63 A 88 A 1554 16 13 A 136 79 56 61 A 83 A \7A 31 A A 82 A 118 106 99*/, 106 A 163 A 39 5 4 28 56 107 A 2 3914 N ov. 2 4514 Oct. 12 12214 Feb. 27 11414 Mar. 18 3354 N ov. 2 1154 Apr. 13 43 Oct. 7 92 54 N ov. 20 2 54 Nov. 2 10 M ay M ay 63 25 10956 N ov. 5 4654 Jan. 21 10556 N ov. 28 100 Jan. 18 107 A N ov. 11 103 Sept. 23 17 A N ov. 4 1254 June 16 58 A N ov. 6 4214 Apr. 18 94 A N ov. 6 8414 July N ov. 6 July 2 12 8 19 9556 N ov. 23 72 K Mar. 5 120 56 N ov. 24 11914 Jan. 5 89 N ov. 2 85 June 2 5456 N ov. 23 4814 Mar. R 6 47 V N ov. 7 3554 July 11 7616 N ov. 30 4814 July 28 13056 N ov. 12 10154 Sept. Jan. 7 116 N ov. 30 110 27 1456 N ov. 2 1314 N ov. 24 23316 N ov. 10 14714 Mar. N ov. 18 11 N ov. 12 9 19 7 N ov. 4 514 Apr. 2 7054 N ov. 30 4014 Mar. 4 4556 N ov. 30 3914 Sept. 2 25 A N ov. 14 2154 Aug. 17 10616 N ov. 5 9914 Jan. 10254 Sept. 2 2456 N ov. 14 175-4 Sept. 10 5456 N ov. 2 3114 Mar. 6 10556 N ov. 28 10014 Jan. 21 6 24 11 23 28 6 20 18 27 55 A 47 182 121 34 A 1456 5856 100 4 21 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. 7714 Jan. 2 Feb, 4 54 N ov. 12 182 121 Aug. 13 3914 Aug. 5 1754 Feb. 9 Oct. 29 60 100 N ov. 7 4 N o v .20 2814 July 9 9454 July 29 11114 Oct. 22 10914 Oct. 23 11314 Apr. 29 2314 Jan. 13 6454 Jan. 3 95 Jan. 13 18 Jan. 5 9554 N ov. 23 Apr. 29 122 9714 Feb. 20 5754 Jan. 31 5214 May 25 10854 Mar. 3 13054 Nov. 12 118 Aug. 21 1654 June 22 23314 Nov. 10 11 N o v .12 714 Jan. 3 92 Aug. 6 4554 Jan. 30 2854 Feb. 4 10614 N ov. 5 10654 Apr. 7 2654 Jan. 12 5454 N ov. 2 106 Oct. 5 STOCKS SALES TO D E C . 1. In November. Sl«ss-Sheffield St’l & I. Preferred___________ Preferred. Preferred. picer M fg ( Preferred. Preferred. Preferred. Sterling Products__ Superior Steel- Preferred . R ig h ts__ Tobacco Prod Corp. Preferred________ Union Bag & Paper. Preferred________________ United Alloy Steel____no par United Dyewood. Preferred______ Since Jan. 2- Shares. Preferred. Shares. 257,900 2.60C 311.60C 65,10C 70C 12,100 500 10C 70C 400 54,200 60C 102,400 3,100 11,900 200 54,100 263,100 11,500 9.80C 7.00C 75.90C 7.00C 60C 633,000 11.80C 32.00C 12,300 20C 12,400 20.70C 11,10C 7,400 68,100 322,000 124,400 148,600 1,122 50,200 8,900 168,800 284,600 23,900 282,400 1,000 28,500 100 88,300 42,700 13,000 900 100,600 360,200 700 56,900 4,700 900 4,800 United Paperboard C o . . 100 2,800 _ Universal Pic, 1st ref_ 100 1,600 Universal Pipe___________ no par 127,600 Preferred_____________ 100 22,400 U S Cast Iron Pipe & F . .100 82,500 Preferred_____________ 100 4,600 U S Distrib Corp_____ no par 159,900 Preferred_____________ 100 700 U S Express_____________ 100 200 U S Hoffman Mach___ no par 23,700 U S Indus Alcohol______ 100 211,200 Preferred_____________ 100 900 U S Realty & Improvt__100 33,700 U S Rubber_____________ 100 1,403,300 1st preferred_________ 100 8,600 U S Smelt Refg & Mg___ 50 21,100 Preferred______________ 50 3,900 United States Steel_____100 2,595,400 Preferred_____________ 100 14,495 U S Tobacco____________ no par 1,700 Preferred_____________ 100 200 Utah Copper_____________10 1,400 Utilities P & L A ____ no par 23,600 Vanadium Corp______ no par 19,100 Van Raalte______________ no par 3,400 1st preferred_________ 100 800 Va-Caro Chemical___ no par 8,500 New w i _______________ no par 10,400 Certificates______________ 15,300 Preferred_____________ 100 1,300 Preferred certificates 14,400 Class B _________________ 500 B certificates______ no par 3,200 1,300 7 % preferred new w i .100 6% preferred w i ______100 2,000 Va Iron Coal & Coke____100 600 Preferred_____________ 100 100 Vlvaudou (V) Inc____ no par 54,700 Vulcan Detinning_______ 100 Vulcan Detinning, pref__100 100 Waldorf System_____ no par 23,100 Ward Baking Class A .no par 4,000 Class B ________________no par 382,000 Preferred_____________100 2,000 Warner Bros Pic A _______ 10 13,000 Warren Bros_____________ no par 4,200 100 Washburn Crosby pref.100 Weber&Heilbron'r ,new nopar 102,400 West Penn P ow pref___ 100 500 Western Union Teleg___ 100 21,300 Westinghouse Air Brake. .50 59,100 Westinghouse El & M fg ..50 119,100 1st preferred__________ 50 400 Westing’se Elec Instr.no par 48,100 Class A ________________ nopar 10,200 R ig n ts__________________ 3,200 White Eagle Oil & R__no par 15,400 White M otor_____________50 599,900 White Rk M Spr. ctfs.no par 10,900 Wickwire-Spen Stl C tf no par 19,500 Willys-Overland__________ 5 968,400 New preferred________ 100 36,900 Wtlson & Co nc v t c__no par 500 Wilson & Co ctfs_____ no par 2,300 Preferred_____________ 100 400 Certificatespreferred . . 100 2,300 Wool worth (F W )_______ 25 98,800 Worthington P & M ____100 15,300 Preferred A ___________100 600 Preferred B ___________100 1,600 Wright Aeronautic___no par 18,800 Wrigley (Wm Jr)____ no par 3,500 Yale & Towne____________25 2,000 Yellow Truck & Coach_ 10 _ 131,100 ('referred_____________ 100 7,300 Youngstown Sheet A Tube 184,500 ♦IBx-dividend. a This price is after R si& l stores, c Ex-300% in stock 29 STOCKS-STOCK EXCHANGE RECORD D ec ., 1925.] 1,947,470 35,650 1,730,900 409,820 9,000 71,900 3,200 1,400 7,400 7,300 1,182,600 13,100 1,357,500 31,500 85,250 4,050 1,080,000 2,782,190 114,210 114,600 132,600 1,191,700 126,700 10,500 6,439,000 314,000 32,000 311,420 3,900 65,644 465,300 151,207 70,400 559,600 2,782,167 1,866,400 1,577,510 3,716 158,100 12,700 300 1,708,400 1,543,825 150,900 682,500 19,900 286,510 720 420,067 950,000 42,632 7,300 470,600 1,474,700 1,750 468,500 . 43,500 2,600 500 81,310 37,200 2,900 1,863,900 337,210 1,112,800 41,300 547,200 2,500 6,910 202,700 1,817,300 6,800 596,830 4,525,490 139,050 244,000 26,700 8,939,490 136,195 10,200 9,600 48,150 286,000 Pt ice dhoitt Jan. 2 1925. Bid. 17 Vs 96 40 \i 71)4 81)4 62)4 40)4 117)4 15 Vi 63 70)4 70 110 46 10 6 N oi . 30. Ask. Bid. 20 88)4 30)4 133)4 io i)4 86 103)4 99)4 14)4 80 26)4 103 56)4 55 76)4 84)4 55)4 43 116)4 7)4 76)4 75)4 74 122)4 55)4 3)4 39)4 Sale 3 30)4 28)4 Sale 15 Sale 13)4 20 Vs Sale Sale 13)4 Sale 18 H 52 Sale Sale 116)4 Sale *15 Vs Sale 450 Sale 36)4 100)4 99)4 Sale 90 Sale Sale 100 Sale 104)4 101 17)4 Sale Sale Sale 106 97 Sale Sale Sale Sale 72 86 86 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 81 Vs Sale Sale Sale 87)4 Sale 123 114)4 121 Sale 68)4 Sale Sale 4 Sale Sale 11)4 Sale 13)4 9 43)4 108 Vs 12 270 N ov. 2. Ask. Bid. 17)4 Sale 78 H Sale 24 Vs Sale 82 )4 Sale 95)4 Sale 62 65 98)4 100 98 X 100 Sale Sale Sale Sale Sale 310 1 RAN GE S IN PRICES I N N OVEM BER. 19)4 89 27 114)4 95 79)4 100 99)4 16 81 32)4 103 58)4 56 76)4 84)4 54)4 41 117)4 7)4 74)4 3 28)4 14)4 15)4 21)4 13)4 14)4 51)4 116)4 13)4 475 32 100)4 Sale 90 Sale Sale Sale 89 106)4 101 15)4 81 Sale 104)4 Sale 56 Sale 87 Sale Sale Sale Sale Sale Sale 79 Sale Sale Sale Sale 4 30 Sale Sale Sale 14)4 Sale Sale Sale Sale 490 Sale Sale Highest. Lowest. Sale Prices. Lowest. Sale P rices. N ov. 14 19)4 N ov. 11 22 87)4 27 108)4 99 Vs 79)4 104 101 15 81 25)4 103 55)4 55)4 70 85)4 54)4 40)4 116V 7 Vs 73)4 73 74)4 121 54)4 .3 38)4 2)4 28)4 14)4 13)4 20)4 13)4 12Vs 50)4 111)4 13 420 32 99 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. N ov. N ov. N ov. N ov 11 90 K 2 32 K 10 140 5 102)4 2 92)4 12 107 10 101 27 16 2 83 24 33 17 105)4 24 61 18 56 Vs 12 77 H 27 85)4 2 58 Vs 2 46 H 28 118 24 HH 11 76K 24 82)4 24 87)4 10 122)4 24 68 Vs 25 4 27 43 Vs 12 3 6 28)4 2 15)4 27 17)4 18 22)4 25 16)4 24 14)4 10 54)4 24 121)4 11 17 2 510 2 36 Vs 12 101 N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. N ov. Nov. Nov. Nov. N ov. N ov. N ov. Nov. Nov. Nov. N ov. N ov. N ov. N ov. Sale Prices. Highest. Sale Prices. 6 24 Vs Feb. 2 17 Jan. 14 78)4 Jan. 2 94 )4 Feb. 3 14 21)4 Mar. 30 32)4 N ov. 14 27 80)4 Mar. 30 140 N ov. 27 17 92 June 5 10554 July 28 7 62 Jan. 6 92)4 N ov. 7 5 99)4 Jan. 9 110)4 Aug. 12 10 95 N ov. 10 May 2fe 01 7 14)4 Aug. 31 24 M ay 28 13 79)4 Aug. 31 92 M ay 19 4 15)4 Feb. 17 3 6 V» Sept. 23 10 92 Apr. 1 08 July 10 5 40)4 Jan. 2 61 Oct. 16 9 50)4 Mar. 27 56)4 N ov. 9 28 §2 M ay 19 80)4 June 18 27 81 Jan. 20 8654 June 12 14 51)4 Aug. 13 67M Feb. 2 16 38)4 Mar. 30 47)4 Feb 3 9 116)4 July 7 19 Feb. 24 4 5)4 Aug. 31 16 Jan. 10 30 62)4 Mar. 25 78)4 Oct. 13 2 55 Mar. 18 84 Vs Oct. 13 2 61 Mar. 18 89 Vs Oct. 27 30 112 Mar. 13 25 Sept. 29 2 41)4 Jan. 28 6854 N ov. 2 2 3 Oct. 15 12 Mar. 6 38)4 N ov. 27 43 Vs N ov. 14 2 2)4 Oct. 17 6)4 Feb. 9 6 4154 Jan. 10 7 5)4 Mar. 19 15) 4 Oct. 26 7 10)4 Jan. 15 2054 Sept. 18 6 20 A u g .19 26 V Sept. 18 % 7 11 Aug. 14 16) 4 N ov. 7 2 7)4 Apr. 1 14)4 Oct. 27 16 42)4 Jan. 5 5454 June 12 7 97)4 Feb. 17 21)4 N ov. 7 19 10 Vs Aug. 27 2354 Feb. 6 2 255 Apr. 9 10 N ov. 2 28 30)4 Sept. 28 3654 N ov. 28 4 99 Oct. 19 N ov. 10 01 1-16 Aug. 4 2 37)4 Mar. 18 5954 Oct. 30 20 70 Jan. 2 27 93)4 Jan. 2 20 3)4 Sept. 23 5 J4 May 9 4 24)4 Sept. 25 35 Jan 10 2 38)4 Mar. 26 68 Oct. 31 18 115 Mar. 25 [21)4 Oct. 22 2 36 Apr. 1 86 Oct. 23 16 33 Oct. 19 4354 Feb. 6 7 118 Sept. 2 L34 June 19 4 113)4 June 17 117 54 M ay 6 5 24 M ay 15 36 54 M ar. 4 9 60)4 Jan. 6 [1554 N ov. 9 17 116 June 23 [20 N ov. 17 4 110)4 Feb, 4 16254 Oct. 31 5 52 Jan. 16 5854 N ov. 5 6 10 Nov.|24 20 M ar. 14 67 Aug. 12 5 204 H Mar. 30 246 Sept. 30 30 18)4 Apr. 11 3054 Oct. 15 2 95 N ov. 17 L0354 Oct. 29 2 26)4 Apr. 27 5054 Feb. 11 7 65 July 10 94 Feb. 11 6 131)4 Apr. 22 250 Feb. 11 5 91 July 11 L 13 Aug. 21 20 30)4 Feb. 17 5554 N ov. 20 19 130 Mar. 9 . 210 N ov. 19 9 3)4 July 20 454 M ar. 2 6 23 Jan. 3 4954 Oct. 17 Oct. 24 4 76 Mar. 19 98 18 105 Jan. 29 [15 June 22 2 114)4 Mar. 30 18454 N ov. 2 13 33)4 Mar. 30 9754 N ov. 13 14 92)4 Mar. 30 [0854 N ov. 14 2 30 Feb. 17 4854 Oct. 30 Apr. 16 49 Oct. 9 10 44 7 112)4 Mar. 30 [3954 N ov. 7 6 122)4 M ay 7 138 N ov. 6 27 51)4 Mar. 24 5954 N ov. 27 24 105)4 Apr. 21 114 Sept. 2 Mar. 19 Lll N ov. 18 18 82 30 30)4 Sept. 2 38 Aug. 6 Sale 52)4 N ov. 23 ■58 Vs N ov. Sale 91 )4 N ov. 10 101)4 N ov. Sale 103)4 N ov. 17 110)4 N ov. Sale 5)4 Nov. 3'Vs N ov. 2 N ov. 26 Vs 26)4 26)4 N ov. 5 27 54 Vs Sale 52 N ov. 25 65)4 N ov. Nov. 110 121 N ov. 18 121 Sale 72)4 N ov. 18 84)4 N ov. 43)4 75)4 Sale Sale 37)4 34)4 N ov. 11 36)4 Nov. 25 Vs Sale Sale 124 N ov. 2 134 N ov. Sale 128 122)4 Sale 114 115 114 N ov. 12 115 Nov. 113)4 Sale 29 V, Sale 28)4 28 Vs N ov. 25 31)4 Nov. Sale 103)4 Sale 102 N ov. 17 115)4 Nov. 61 118 130 119)4 120 117)4 N ov. 17 120 N ov. Sale 148 Vs Sale 144 N o v .23 162)4 N ov. 120 Sale Sale 56 55)4 N ov. 24 58)4 N ov. 52)4 Sale 18 10 10 N ov. 24 13 N ov. 21 69)4 51)4 60 Sale 226 Sale 220 218 Sale 233 Nov. 23 235 Nov. 28)4 Sale 29 Vs Sale 25)4 N ov. 17 29 Vs Nov. 98 Sale N ov. 95 N ov. 17 99 98)4 Sale 37 Sale 46 Sale 29)4 Sale 26)4 N ov. 24 37 K N ov. 79 Sale 79 Sale 7 3 Vs Nov. 25 85 Vs N ov. 81)4 Sale Sale 191)4 Sale 176 N ov. 24 227)4 N ov. 169 Sale 214 102 102 104 103 101)4 Sale 100)4 N ov. 19 103 K N ov. 41 N ov. 11 55)4 N ov. 38)4 Sale 41)4 Sale 51)4 Sale N ov. 190 225 178 N ov. 13 210 1 4 8 )4 ------- 120 U 200 4 N ov. 9 4 N ov. 4)4 6 3)4 4)4 3)4 4)4 23)4 Sale N ov. 46)4 Sale 43 Vs N ov. 24 48 45)4 Sale 86 Sale 77 Nov. 28 96)4 N ov. 93)4 Sale 78)4 Sale 113 Sale 110 N o v .30 114)4 N ov. 103)4 107 114)4 110 124 Sale 184 Sale 163)4 Sale 149 N o v .24 184)4 N ov. 89 Vs Sale 40)4 Sale 78)4 Sale 78)4 Nov. 2 97)4 N ov. 95)4 Sale 106)4 Sale 107)4 108)4 105)4 Nov. 5 108)4 N ov. 38 Sale Sale 48 Nov. 11 48 N ov. 45)4 45)4 45 48 Sale 46 47 47 Vs N ov. 23 48 Vs N ov. 47)4 Sale 120)4 Sale 128)4 Sale 128)4 Sale 124)4 N ov. 4 139)4 N ov. 122)4 Sale 125 Sale 125)4 Sale 124 N ov. 10 138 N ov. 54 55 56 59 56)4 Sale 56)4 N ov. 2 59)4 N ov. 104 H 109 113 114 N ov. 112)4 114 112)4 N ov. 4 113 87)4 Sale Sale 102)4 112 101 101 N ov. 2 111 N ov. 32)4 Sale 35)4 Sale 30)4 N ov. 24 35)4 N ov. 252,300 30)4 Sale 20 Vs Sale 30 Nov. 17 33)4 N ov. 5 25 % M ay 4 3454 July 9 32)4 Sale 15,200 20)4 22 22 Sale 23 24 20)4 Nov. 4 26 K N ov. 7 15)4 Aug. 20 2654 N ov. 7 5,400 65 N ov. 16 60 Apr. 1 80 N ov. 16 69)4 71 H 78 68 Vs 79 73 Vs Nov. 10 80 348,500 2 2)4 Sale 2 )4 1)4 N ov. 11 2)4 Nov. 16 1)4 Sept. 23 854 July 9 1)4 Sale 10,400 20 21 N ov. 23 19)4 N ov. 24 21 N ov. 23 22,800 2 1)1 N ov. 4 3 N ov. 14 1 Sept. 25 5 July 20 2)4 Sale J4 1)4 1)4 512,500 10 Sale 14 Sale 12 N ov. 24 14)4 Nov. 13 8)4 Jan. 5 2354 July 8 16)4 17 30,600 _____ 10 Sale 14 N ov. 12 N ov. 12 16)4 Sale 13)4 N ov. 5 20 4 M ar. 25 20 54,000 2 1 1 )4 N ov. 23 )4 Aug. 28 454 July 9 1 Vs N ov. 4 )4 1)4 1)4 IK 5,700 2 2 Vs M ar. * 1 )4 N ov. 6 2Vs N ov. 16 1)4 2)4 254 N ov. 16 1,300 9214 Nov 27 98 ISTov 20 9914 N ov. 97 9354 N ov. 20 93 2.000 57)4 56 )4 N ov. 27 57 K N ov. 23 56)4 N ov. 27 57 54 N ov. 23 2,900 40 45 43 39 45 June 30 4554 N ov. 17 46)4 42)4 N ov. 17 45)4 N ov. 17 30 80 800 79 70 Nov. 19 77 79)4 75 N ov. 19 70 Sept. 21 7954 Jan. 12 79)4 77 Sale 550,900 8)4 Sale 22 23)4 Sale 7)4 Jan. 13 2354 N ov. 28 20)4 N ov. 23 23)4 N ov. 28 400 9 5 7 10 M ar. 30 8 842 67 73 85 80 87 90 85)4 N ov. 27 85 Vs N ov. 27 80 Apr. 1 8854 Apr. 14 201,400 18)4 Sale 15)4 Sale 16)4 16)4 15)4 N ov. 4 16)4 N ov. 23 14)4 Aug. 10 1954 Jan. 3 32,675 183 185 Sale 175 N ov. 11 185 N ov. 30 116 Apr. 30 192 Oct. 6 186 1,957,100 86)4 Sale 80 N ov. 10 86)4 N ov. 30 37)4 M ar. 30 9554 Oct. 3 81)4 Sale 41,850 107)4 Sale 108 108)4 107)4 N ov. 5 108 N ov. 13 94)4 Feb. 11 L1054 Aug. 13 123,700 21 Sale 19)4 Sale N ov. 2 19)4 N ov. 24 22 54 Oct. 16 19)4 N ov. 24 21 75,700 Sale 46 N ov. 7 43 June 24 5054 July 6 45)4 46 43)4 N ov. 24 47 100 110 N ov. 6 112 1.10 112 110 N ov. 6 n o N ov. 6 110 N ov. 6 [10 ___ 89 Sale 95 Sale 87)4 Nov. 2 95)4 N ov. 28 51 Mar. 16 9554 N ov. 28 257,100 ------- 108)4 Sale 106 5,600 104 July 2 108)4 107 Nov. 20 108)4 N ov. 2 104 Jan. 27 413,700 116)4 Sale 140 Sale 137)4 Sale 136 N o v .24 141)4 Nov. 6 11614 Jan. 2 Sept. 18 485,400 107)4 Sale Sale 123 126 Sale 113)4 N ov. 24 130)4 N ov. 6 97 Apr. 9 Aug. 17 1,531,200 71)4 Sale 74 Sale N ov. 6 66)4 Mar. 28 84 Jan. 3 72)4 N ov. 24 77 73 Vs Sale 4,200 83 80 87 N ov 5 &7 79 H Mar SO 87 N ov. 5 ......... 86 84 Sale 404,900 17 N ov. 9 9)4 Apr. 1 2054 Aug. 17 17)4 Sale 15)4 N ov. 4 20 113,700 Sale 26)4 27)4 28 26)4 N ov. 6 28)4 N ov. 20 19)4 Mar. 31 2854 Oct. 6 14 N ov. 2 16,856 Vs Oct. 9.0 „ « Oct. 30 )4 N ov. 2 Vs Sale 293,000 28 26)4 Sale 26)4 N ov. 5 28)4 N ov. 14 25)4 Aug. 28 3154 Feb. 2 27)4 Sale Sale 3,924,490 71 83 Sale 78 N ov. IS 102 N ov. 2 57)4 Mar. 30 .0454 Aug. 18 96)4 Sale 152,600 40)4 Sale 34 N ov. 30 40)4 N ov. 2 34 N ov. 30 4954 Aug. 7 34)4 Sale 305,900 2)4 Sale 3 Sale 2)4 Nov. 27 3)4 N ov. 2 2)4 N ov. 27 554 M ay 15 2,737,785 10)4 Sale 27 Sale 33)4 Sale 25 N ov. 24 34)4 Nov. 4 9)4 Jan. 26 3454 N ov. 4 1,064,800 76)4 Sale N ov. 30 72)4 Jan. 28 .20 N ov. 30 112)4 Sale 119)4 Sale 112 Vs N ov. 2 120 7)4 Sale 175,700 5 6 5)4 Sale 5)4 Nov. 10 5)4 N ov. 10 5 Vs Sept. 24 1354 Mar. 7 3,600 6 5H 5)4 6 4)4 Nov. 24 5)4 Nov. 16 4)4 Sept. 8 6 Sept. 17 116,600 18 20 18 19 21 )4 Sale 17)4 Nov. 9 21 44 N ov. 30 17 Sept. 1 60 Mar. 7 18 20 14,300 23 23 17)4 N ov. 9 20)4 N ov. 27 17 Sept. 9 42 M ar. 7 2,191,690 124)4 Sale 214 Sale 197)4 Sale 189 N ov. 24 214)4 N ov. | 2 112)4 Jan. 28 120 Oct. 29 > Sale 898,300 78)4 Sale 44 41 X Sale 38)4 N ov. 18 46 N ov. 5 35)4 Aug. 12 7954 Jan. 2 88 6,900 85 76 78)4 78 80 76 N ov. 5 78 K N ov. 28 76 N ov. 5 88 Jan. 9 16.000 72)4 75 63)4 Sale 62 N ov. 4 64 N ov. 16 58 Aug. 19 7654 Feb. 11 62)4 64 410,000 22)4 Sale 30 Sale 26 s 27)4 25 V N ov. 23 30)4 N ov. 5 16 Mar. 30 3254 July 1 77,700 45)4 Sale Sale 56 56)4 Sale 55)4 N ov. 20 56)4 Nov. 27 45)4 Mar. 30 5754 Oct. 27 12,920 Sale 61)4 67)4 64 62 Nov. 10 66 Nov. 6 62 Sept. 23 7054 July 29 32 Sale 458.250 30 Sale 2 6 Vs N ov. 18 35 N ov. 2 22)4 Oct. 14 4054 Oct. 17 58,600 94 97)4 Sale 95 91)4 N ov. 23 97 Vs N ov. 4 90 Oct. 14 00 Oct 22 Safe 435,000 70 84 Sale 86 H Sale Mar 27 9254 N ov. 7 80)4 N ov. 24 92)4 Nov. 7 63 distribution o f dividends in shares of United Oigar Store at the rate of 38.85 shares for 100 shares of United 38)4 70 Vs 93)4 4 31 40 58)4 Sale 94 Sale 105 Sale Sale 3)4 32)4 26 Sale 65)4 121 84 Sale 35)4 Sale Sale 124 114)4 H5 29 Sale 61)4 107)4 Sale 116 Sale 161)4 56 53 13 28 Sale Sale Sale Sale 27 Sale Ask. 54)4 96 54 107)4 4U G eneral Q uotations 30 OF BONDS AND STOCKS 1. In the following thirty-four pages o f tables quotations are given for all the more important securities listed on any Stock Exchange In the United States; also for leading unlisted and inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing day o f the month preceding the date o f issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices and interest,” we have adopted the same method and no longer employ a designating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter “/ ” is prefixed to the price, he must pay accrued interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which cases the price includes the interest, should there be any. 3. The letter prefixed to bond prices denotes that the quotation is a flat price— that is, that the accrued interest forms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds ana bonds in default, the price is always “ flat,” and no designating mark is employed to indicate the fact. 4. Stock prices marked thus Id) are per share. All others are per cent except bank stock prices, which are quoted per share unless otherwise stated. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.: “ M ” for mortgage, “ g” for gold, “ gu" for guaranteed, “ end” for endorsed, “ cons” for conolldated, “ conv', for convertible, “ s f ” for sinking fund, “ 1 g” for land grant, “ op” for optional. 7. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. N OTICE.— All b o n d prices are “ and in terest” except where marked “ f ” and incom e an d d efau lted bon ds. B onds. Bid. Bonds o f companies consol’ d are often under the consolidated name. Adirondack— See Del & Hudson Akron & Barb Belt g 4s 1942-J&D 90 Ak Cant & Youngst 6s 1930--J&J 99 Ala Gt South 1st 5s Dec ’27-.J& J 100 Gen M 5s Dec 1 1927 £ -..J & D 96 ,1st cons g 5s 1943 ser A _ J&D _ 10054 Belt Ry o f Chatt 5s 1945--J&J 95 Ala Midland— See Atl Coast Line Alabama N Orl T & P June— “ A” deb 5s g ’40 red TO-M&N If 93 “ B ” deb g 5s ’40 red TO-M&N If 92 “ C ” deb g 5s N ov 1 1940-A&O If 92 Alabama Tennessee & Northern— Prior iien 6s 1948________ J&J 80 Gen income 6s Oct 1948_______ 30 Alabama & Vicksburg Ry— 1st M g 5s 1974 series A .-M & N 100% Albany & Susq— See Del & Hud Allegheny Valley— See Penn RR Alleg & West— See Buff R & P Allentown Term 4s 1919 Ext at 6% to 1929____ ..J & J 101 Alton Bridge— See St C M & St L Ann Arbor 1st g 4s 1955_____Q-J 7556 6% notes Mar 15 1930- -M&S15 99 Eq tr 6s Jan 15 '26-’35 _J&J 15 5.50 Ark & Mem Ry Brge & Term— 1st M 5s 1964___________ M&S 03% Aroostook Nor— See Ban & Aroos Aroostook Valley— See Can Pac Asheville & Spartanburg— S U & Col 1st M g gu 4s 1955— J&J Atch & East’n Br— 4s 1928--J&J 97 Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995— A&O 89% Adjustment 4s July 1 ’9 5 --N ov 84:% Stamped_____________ M&N 84% Conv g 4s o f ’09 d ue'55 opt J&D 82% Conv g 4s of 1905 due '55-J&D 84 Conv g 4s of 1960_______ J&D 83% Trans S L 1st g 4s 1958_ J&J _ 87% Cal-Ariz 1st & r f 4 H s ’ 62 op M&S 94 Series B ___________________ If 92 E Okla Div 1st g 4s ’2 8 --M&S 99 Hutch & So 1st g 5s 1928.-J&J 100 R ocky M t Div 4s 1965_ J&J _ 85 % San Fran & San Joaquin Val— 1st g 5s Oct 1 1940____A&O Santa Fe Prescott & Phoenix 1st g 5s 1942---------------- M&S 98% Athens Terminal Ry— 1st g 5s 1937------------------J&J 80 Atlanta Birm & Atlantic— Income 5s N ov 1 1930________ 40 Atl & Birm 1st g 5s 1934--J&J 41 Certificates o f deposit--------- f 41 Atlanta & Chari A L— See Sou Ry Atl Knox & Cin— See Lou & Nash Atl Knox & Nor— See Lou & Nash Atlanta & St Andrews Bay— 1st 6s, 1938--------------------------75 Atlantic & Dan— See South RR Atlantic City— See Reading Co Atlantic Coast Line Co of Conn— Certs Indebt 5s irredeem-J&D / 98 Atlantic Coast Line RR— 1st cons 4s July 1 1952-M&S 91 % Col tr g 4s Oct 1 ’ 52 op.M & N 89% Conv deb 4s ’39 op ’ 16-M&N 87 Gen unif ser A 456s ’64-J&D 93% 7 % notes M ay 15'30 M&N 15 106% Eq 656s Feb '36 (yr)-_F& A b 6% Eq 6s Jan 15 ’26-'35-J&J 15 b 5.20 Ala Mid— 1st gu g 5s'28M&N 100 % Atlantic Coast Line of S C— Gen 1st g 4s July '48.-J& J 89 N E of S C 6s 1933---J& J 109 Brun & West 1st 4s ’3 8 --J&J 91% Char & Sav gen 7s 1936-J&J 117 Fla So 1st g gu 4s ’45_ J&J _ 89 Nor & Car 5s 1939___ A&O 100 Pet’b ’g— Class A 5s g ’26_ J&J 100 Class B 6s g 1926____A&O 101 Rich & Peters 456s ’40-A&O 96 Sav Fla&W 1st g 6s ’34-A& 0 1091-2 1st M g 5s 1934_____A&O 101 % Wilm & Newb 4s '97--F& A 90 Wil & Wei gen g 5s '3 5 .-J&J 101 Gen mtge g 4s 1935_ J&J _ 90 Atlantic & Yadkin— See South Ry Aug Term— See Chari & W Car Austin & Northw'n— See So Pac Balt Ches & Atlan— See Pa RR Balt & Cumb Val RR 6s '2 9 --J&J 100 Ex 1st M 6s July 1931___ J&J 100 Balt & Harrisb— See West M d Baltimore & Ohio— 88 % 1st M 4s g July 1 1948___A&O 1st M 5s July 1 1948_____ A&O 101 Vo Conv 456* 1933 red 1923-M&S 93% 92% Ref & gen 5s 1995 series A . J&D Ref & gen 6s 1995 series C.J&D 103 5 -6 10-yr 6s July 1929________ J&J 103 Eq tr 4 56s 1926-40 (yr)__M&N b 4.90 Eq tr 5s 1926-37 (yr)____ F&A b 5% Eq tr 5s 1926-38 (yr)------ F&A b 5% Eq tr 6s ’26-’35 (yr)___J&J 15 b 5.30 b Basis. Bonds Ask. B AILROAD BONDS 100% 101 97 % 102 % 96 95 95 84 32 101% 76% 100 5.20% 94% !I“ SH 88% 97 99% 86% 102% 85 45 45 80 92 89% 89 9456 106 % 4.80% 5% 91 1 90' 111 92' 893-6 10154 93% 93 104 103 56 4.70% 4.80% 4.80% 5.10% / This price Includes accrued Interest, Bid. Baltimore & Ohio (Concluded)— Pittsb Lake Erie & W Va— Refund gold 4s 1941--M&N S W Div 1st 5s 1950_____J&J Central Ohio— Reorg 1st con g 456s'30.M&S Ohio Riv RR— 1st g 5s ’36.J&D Gen gold 5s 1937______ A&O Staten Isl R y 456 s 1943--J&D Toledo & Cin Div 4s 1959--J&J W Va & Pitts 1st 4s g ’90-A&O Bangor & Aroostook— 1st M 5s g Jan 1 1943____J&J Cons refund g 4s 1951____ J&J Medford Ext 5s 1937____M&N Piscat Div g 5s Jan 1943-.A&O St Johns Riv Ext gu 5s '39-F&A Van Bur Ext 5s g Jan '43-A & 0 Washburn Ext 1st 5s ’3 9 --F&A Aroostook Nor 5s g 1947--A&O Nor Maine Seaport 5s '35-A & 0 Battle Creek & Stur— See M icb C Bedford Belt— See Chic M & St P Beech Creek— See N Y C & HudR Bellingham Bay & British Col— 1st g 5s Dec 1 1932______ J&D Belt RR & Stk Yds (Ind’p’lis)— 1st ref gold 4s 1939______M&N Belt R y of Chatt— See Ala Gr So Belvidere Del— See Pennsylvania Bennington & Rutl’d— See Rutl’d Big Sandy Ry— See Ches & Ohio Birm Term 1st g 4s 1957 gu.M&S Bolivia R y 1st 5s 1927____-J&J Boonville St Louis & Southern— 1st M 5s 1951___________F&A Boston & Albany 5s Oct ’6 3 --J&J 5s June 1942_____________J&D 5s July 11938_____ J&J 456s July 1937_____ J&J 4s M ay 1 1933 gu N Y O.M&N 4s M ay 1 1934 gu N Y C-M&N 4s M ay 1 1935 gu N Y C.M&N 356s Jan 1 1951--- ..J & J Ref 356s 1952 gu N Y C --A & O Boston & Lowell 456s Feb '3 3 -J&J 4s April 1932....... ...A & O Boston & Maine— 456s g ’44. J&J 456s April 1 1929________ A&O 4s Sept 1 1926__________ M&S 4s Feb 1 1937.................F & A 4s Aug 1942_____________F&A 3s July 1950_____________ J&J 6s Jan 1 1933_____________J&J 1st & ref M 6s ser C 19 29..J&J Series D 6s 1929________ J&J Series F 6s 1930_____ __J&D Series G 6s 1929__________ J&J Series H 6s 1930........... ..M & N Series I 7s 1931__________ J&J Series J 7s 1931_________ A&O Equip 556s 1926-1927.-.F&A b Eq tr 6s 1926-38 (year)..J& D b Ports Gt F & Con 456s’37.J&D Bos & N Y A L— See NY NH & H Boston Rev B & L 456s ’2 7 .-J&J Bridge’n & Saco R 1st 4s ’28.J&D 2d 4s 1928_______________ J&D Burns & W— See Atl Coast Line Buffalo Creek 1st 5s 1941_ J&J _ 1st ref 5s 1961__________ J&J Buffalo Rochester & Pittsburgh— General 5s g 1937_______ M&S Con g 456s 1957________ M&N Eq 6s ser K 1926-33 (s-a)_F&A 6 Equip 4s series G 1929___ A&O b A1 & West 4s g guar 1998.A&0 Clear & M 1st 5s g gu 1943-J&J Buffalo & Southwest— See Erie Buff & Susquehanna RR Corp— 1st 4s Dec 30 1963________ J&J Burl Ced Rap & No— See CRI&P Butte Anaconda & Pac 5s'44.F&A California N W 5s 1928 gu.-A &O Cam & Clear— 1st 5s g 1941-J&J Gen M g 4s 1955_______ F&A Cambria & Ind—-1st 5s '36.M&N Gen mtge 6s 1944________ F&A Eq tr 556s 1926-38 (year) .M&N Canada Atl— See Grand Trunk Canada South 5s 1962 ser A.A & O Canadian National Railways— 456s Sept 15 1954 -..M & S 1 5 4% guar gold notes 1927..J&J 5-year 456s Feb 15 1930.F&A15 10-yr 456s Feb 15 1935-F&A15 Canadian Northern— 1st con deb 4s 1930 gu_.J&D30 S F deb 7s 1940- — . _____J&D S F deb 656s 1946________ J&J 10-yr g 456s Feb 15 ’35 --F& A Canadian N W 4 56s Oct 22 1943 Manitoba S E 1st 4s £ ’29.F&A Winnipeg Term g 4s 1939 g . J&J ft Last sale. I In L on d on , 88 9756 8856 9756 9756 10056 99 56 7856 7356 81 100 88 7456 83 9756 74 93 92 92 92 91 87 92 9856 75 95 94 94 95 93 90 95 85 86 82 75 10256 10156 10056 9656 9356 9356 9256 8056 79 56 80 80 77 8756 8856 9? 93 77 7156 7356 49 53 95 96 94 94 94 94 94 99 99 5.70 5.25% 5.70 5.30% 80 97 90 83 86 99 102 94 10056 10156 86% 8656 5% 5.25 4.90 4.60% 85 8056 9856 80 8956 81 91 100 102 i 6 o '“ 84 99 10156 10256 5.30 5.20% 10256 9856 9656 95 11556 11756 n N om inal, Bonds A sk. 103 9356 9956 9856 9656 9556 11556 11756 9656 Canadian Pacific— Cons deben 4s perpetual--J&J Eq tr 456s 1926-1928_____J&J b 4.80 Eq tr 6s Apr 26 '26-32(s a) A&O b 5.10 Aroostook Val 4 56s UJ29-F&A „ 8756 New Brunsw 1st g 5s 1934.F&A If 99 Cons deb 4s perpetual. .J&J If 79 Out & Que deb gu 5s perp. J&D If 97 Carb & Shaw— See Illinois Cent’l Carolina Cent— See Seab Air Line Caro Clinch & Ohio 5s 1938. .J&J 10156 1st cons 6s 1952 Ser A ..J& D 15 107 56 Equip 5s 1926-1937 s-a__A&0 5% Eq 5s 1926-1933 s-a_____J&D 5% Eq tr 6s 1926-’35 (yrly)_J&J15 5.30 Carolina & Yadkin River— 1st s f 5s 1962___________ J&D Carthage & Adiron— See N Y C Oatawissa cons g 4s 1948____A&O 89 Central Argentine Ry Ltd— Conv g 6% notes 1927___ F&A 100 Cent Ark & East— See St L S W Cent Branch Ry— See M o Pac Central of Georgia— 1st M g 5s Nov 1 1945____F&A 10156 Cons gold 5s 1945______ M&N 10254 10-yr 6% sec gold bds 1929 J&D 103 56 R ef & gen 556 s 1959 ser B.A&O 101 Eq 456s 1926_____________ J&J 64.75% Chat Div gold 4s 1951____ J&D 8556 Macon & Nor g 5s 1946____J&J 99 56 Mid Ga & A tl 1st 6s 1947.-J&J 9856 Mobile Div g 5s 1946_____J&J 101 Oconee Div 1st g 5s 1945.-J&D 95 Cent RR & Bkg 5s 1937. .M&N 9754 Chattahoochee & G 5s ’3 0 .-J&J 95 Chat R & South g 5s 1947..J&J 95 Eatonton Br 5s g 1926_ J&D _ 95 Ocean S 8 1st 5s 1943_____J&J Cent of N E— See N Y N H & H Central of New Jersey— Gen M (now 1st) g 5s ’8 7 .-J&J 10856 Eq tr 6s Jan 15 ’26-’35..J&J15 5.20 Amer Dock & Impt 5s 1921— Ext at 6% to 1936______ J&J 10556 96% Leh & W-B Coal con f 4s’30J&D Con g 4s 1935_________ J&D 93 N Y & L Br gen 4s 1941--M&S 9054 General gold 5s 1941_ M&S _ Central Ohio— See Balt & Ohio Central Pacific— See So Pacific Central Vermont Ry— R ef M 5s 1930 guar_____ M&S 9354 Eq tr 5s Apr 26 1932 s a.-A & O 5-30 Charles & Sav— See A tl Coast L Chari & W Car 1st 5s 1946.-A&O 99 Aug Term 1st gu g 6s '4 7 .-A&O 100 Chateaugay Ry— See Del & H Chattahoochee & Gulf— See Cent of Ga Chat Rome & Sou— See Cent of Ga Ry Chattanooga Sta 4s 1957 gu.-J& J 83 Chesapeake & Ohio— 1st ccns g 5s 1939_______ M&N 102 54 General 456s gold 1992___M&S 92 Conv g 456s 1930 op 1915 F&A 9856 Gen fund & impt 5s 1929--J&J 101 % Conv g 5s 1946_________ A&O 12854 Eq tr 456s Jan 15 1926-- J&J15 6 4.75 Eq tr 456s May ’26-’27.-M & N 4.75 Eq tr 456s Dec 1926____ J&D 4.75 Eq tr 5s Mar 15 ’26-’38_M&S15 4 95 Eq tr 556s ’26-’37 (yrly )..J& D 5.05 Eq tr 6s 1926-35 (yrly). .J&J15 5.30 Eq 6 % s 1926-'35 (ann)__J&D 5.10 Craig Valley 1st 5s g 1940-J&J 97 54 Potts Creek 4s 1946 J&J 79 R & A Div 1st con g 4s ’89-J&J 8554 2d con g 4s 1989_______ J&J 8056 Warm Sp Val lstS5s g ’41.M&S 9656 Coal Riv R y 1st 4s gu ’45. J&D 8656 Elevator Co g 4s gu 1938.A&0 Big Sandy R y 1st g 4s '44. J&D 88 Greenb R y 1st g gu 4s ’40 M&N 87 Kanawha Br & Ter 5s ’48. A&O 94 Raleigh & S W 1st 4s ’3 6 .-J&J 87 West Poc Corp 1st 456s ’45 F&A 90 Chesapeake & Ohio Northern— 1st M 5s 1945 guar_____A&O 99 Chesterfield & Lane 1st 5s ’ 55F&A 68 Chic & Alton 1st 356s 1950..J&J 49 Certificates o f deposit________ 'f 48 RR refunding g 3s 1949.-A&O / 6356 Certificates of deposit— Stpd as to Oct 1925 int_____ f 6156 Equip trust 6s Jan 15 ’26-’35 (yearly) _____________ J&J15 b 5.70 Chicago Burlington & Quincy— Gen M 4s 1958_________ M&S 8956 1st & ref g 5s 1971 ser A . .F&A 102 5 4 Eq tr 6s Jan 15 ’ 26-’3 5 -. J&J15 b 52 5 Illinois Div 356 s’ 49 op '29 J&J 8356 4s July 1 1949_________ J&J 9156 Nebraska Ext 4s 1927____M&N 9954 Chic & East 111 (new co)— Gen M 5s M ay 1951_____M&N 7356 s Sale price. A sk. 80% 4.55% 4.90% 94 101 81 99 10155 10856 4.75% 4.75% 5.05% 100 54 103 103 % 101 % 4.50% 85k 100 " 99" 10956c 5% 109 54 92 93 54 5%. 9954 84 103 92 56. 9854 129" 4.50% 4.50% 4.50% 4 .8 0 % 4.80% 5.10% 4.85% 87 5 4~ 8856 96" 93 ' 101 4954 49 65 6356 5.40% 9156 102 56 5% 8354 92 9956 7354: D ec ., RAILROAD BONDS 1925.] 31 N O T IC E .— All bond prices are "a n d interest” except where marked " f ” and income and defaultedfbonds. B onds Bid. B onds A sk. Chicago & Eastern Illinois—1 1st consol 6s gold 1934___ A&O 106 1061* Chic & I C R y— 1st 5s 1936. J&J Chic Grt West— 1st 4s 1959.M&S 621* 631* Chic Ham & West 1st 6s '27.J&J 1011* Chic & I C R y— See Chic & E 1 1 1 Chicago Indiana & Southern Ry 87 5* Con mtge g 4s 1956 guar_J&J 861* Ind 111 & la 1st g 4s 1950--J&J 891* 891* Chicago Indianap & Louisville— R ef M g 6s 1947 series A .-J& J m i * R ef M g 5s 1947 series B ..J & J 99?* R ef M g 4s 1947 series C ..J & J k 87 901* 92 1st & gen 5s 1966_______ M&N 1st & gen 6s M ay ’66 ser B-J&J 1031* L03 Equip tr 6s ’26-’35 (yr).-J& J15 6 5.45 5.05% Indianap & Lou 1st 4s '56- -J&J 78 791* M onon Coal gu 5s '36 opt- J&D s 55 60 Ch I & St L Sh L— See CCC&StL Chicago Lake Shore & Eastern92 lst M 4H s 1969 opt 1919.J&1 Chic Memp & Gulf 5s 1940--J& 91 88 Chic Milw & Puget Sound— 1st M g 4s 1949 guar.-J& J-Q- f 531* 54 Certificates o f deposit____ f 521* 54 Bid O I St L & C— See O C C & St L— Cin Ind & West 1st 5s 1965-M&N 77 y2 Cin Leb & Nor— See Pennsylvania itR _ Cine & Musk Val 4s 1948_ F&A Cin N O & Tex Pac Ry—1 Eq tr 5s 1926-38 (y r )..-A & 0 5.25 85 Cincln North 1st g 4s 1951--J&J Cin San & Clev— See C C C & St L Clearfield & Jeff— See Pa & N W Clearf & Mahon— See B R & P Cleveland Akron & Columbus— General gold 5s 1927------- M&S 100 88 1st cons guar g 4s 1940— F&A Unguaranteed------- ------------Clev Cine Chic & St Louis— General 4s gold 1993---------J&J 84 3* Gen M 5s ser B 1993____J&D 1013* 97 3* Deb gold 43*s 1931_____J&J R ef & imp 6s 1929 ser A -.J & J 103 3* Ref & imp M 6s ’41 ser C .-J & J 106 Ref & imp M 5s ’63 ser D ..J & J 993* Equip tr 5s 1926-’29 (yr)--J& J ft 4-90 Equip tr 6s 1926-’27 (yr)_.J&D ft 4.75 90 Cairo Div 1st g 4s 1939— J&J C W & M Div 1st 4s g ’91 - - J&J 91 St L Div 1st col tr g 4s ’90 M&N 84 3* Spr & Col Div 4s 1st g ’40-M&S 89 50-year 5s 1975 Ser A w i____ S 82 s 83 White W V Div 1st 4s ’40-J&J Adj M 5s 2000 w i ___________ S 55 s 583* 87 Cine Ind & St L Sh Line R y— Chicago Milwaukee & St Paul—■ 801* 1st gold guar 4s 1953— A&O 813* 541* C I S L & C 1st 4s g Aug ’36 Q-F 933* f 54 f 53 54 y± Certificates o f deposit. 1003* Clev Colum Cin & Indianap— 54' f 531* Certificates o f deposit. Gen cons gold 6s 1934— J&J 1073* 541* f 53 Id Blm & ext 4s 1940--A&O 89 1051* O Ind & W g 5s Apr 1938--Q-J 69 701* 903* Peor & East cons 4s ’4 0 --A&O 79 891* 901* _ 2d cons inc 4s 1990_ Apr 1 f 343* 54 f 531* 531* Cleveland Lorain & Wheeling—• f 53 Cons now 1st 5s 1933_ A&O _ 101 531* f 531* r 53 53 5* Certificates o f deposit. 99 Gen M 5s 1936__________ J&D Gold bonds 4s 1925 opt '22 54 f 531* Certificates o f deposit. 54 Con refg g 4 3*s 1930 red--J& J f 531* 973* m European loan 4s 1946Clev & Mahon Val— See Erie RR b 5.75 5.40% Clev & Marietta— See Penn RR b 5.60 5.25% Cleveland & Pitts— See Penn Co Clev Short Line—See L S & M S 90 95 991* 991* Cleveland Terminal & Valley— 1st 4s gold guar 1995------M&N 80 Milwaukee & Northern— Cleveland Union Terminals— 1st ext 43*s ’34 (blue)._J&i 91 95 1st s f 5!*s 1972 series A .-A & O 1053* Cons 6s 1934 ext at 43*' 1st M s f 5s 1973 ser B ___ A&O to 1934 (brown)— J&l 911* 931* 100 3* Chic & Nor M — See Pere Marq Coal & Iron Ry— See Westera M d Chicago & North Western— Coal River R y— See Ches & Ohio Gen M 33*s g 1987-.........M&: 731* 751* Colo & Sou 1st g 4s 1929------F&A 983* 843* Ref M g 43*s M ay 1 ’3 5 --M&N 95 831* Gen M gold 4s 1987_____M&! Stmpd non-pay Fed Inc ta 841* Eq tr 6s 1926-35 (year)--J&J15 6 5.50 85 Gen MT5s ’87 stpd inc tax.M&! Ft Worth & D C 6s 1921— 1021* 103 Ext at 53*% to 1961---- J&D 1043* 1003* 1001* Colo Sou N O & Pac— See St L & S F 1043* Colo Spr & Cripple Crk D R y— 1001* 101 10 1001* 1st gold s f 5s 1930-----------J&J Cent Tr Co ctfs of d e p .. - 1 10-year 7s June 1 1930-1071* 1071* ■ 1111* m l * I5-year 63*s Mar 19361st cons 5s Oct 1942-- - A&O lst & ref 5s M ay 2037-981* 983* Col Connect & Ter— See Nor & W >b 5% 4.85% Col Hock Val & T — See Hock Val h 5.40 5.15% Conn & Pass— 1st g 4s ’4 3 --A&O 77 3* . b 5-10 4.85% Newp & Richf 1st 5s ’41 gu_ J&J _ 71 ' b 5-10 4.85% Conn itivor— Gold 4s ’43_ M&S 911* 931* Connecting R y (Phila)— 1st M gu 4s Mar 15 ’ 51-M&S15 107 1081* 913* ' 881* 903* Connellsv & Monongahela Ry— ■ 811* 1st s f gold 4s 1930 op t— M&S 95 Cuba Northern 6s 1966 stpd.J&J 92 3* 90 1st mtge 6s 1966 plain--------- 991* Cuba R R — 1st g 5s 1952------J&J 871* 883* 88 i 1st 1 & ref g 73*s ’36 ser A.J&D 1043* 81 Imp & equip 5s 1960------M&N 79 991* 991* ' Current Riv— See K C F t S & M 991* 100 ' 1001* 1021* Dallas & Waco— See M o K & T [ D aw sR y& C ’l— SeeElPaso & S W 90 L 87 891* Dayton & Mich— See C H & D Chicago Peoria & St LouisDayton Union 4s 1949---------J&J 853* 3 Prior lien gold 43*s 1930Del & Bound Br 33*s ’ 55— F&A 25 Certificates o f deposit _ Delaware & Hudson— 25 Conv 5s 1935__________ A&O 1053* r 1st & ref gold 4s 1943------M&N 90 841* 851* i 7% sec g bonds 1930------- J&D 87 871* 108 3* ) 1003* 1001* 15-yr g 53*s M ay 1 ’3 7 --M&N 103 3* r Eq tr 6s Jan 15 ’26-’35-J&J15 6 5.21 991* 991* s Adirond 1st 43*s ’42 gU--M&S 99 991* Albany & Susq 33*s gold 1946 5 b 5.45 5.15% (coriv before 1916) gu.-A & O ) ft 5% 4.80% 833* ) ft Bluff Point Land Impt Co— 5% 4.80% 1 1st mtge guar 4s 1940— J&J 80 4.8C 4.50% Chateaugay Ore & Iron— J 100 Guar gold 4s 1942______ J&J 79 101 Choctaw Oklahoma & Gulf— Rensselaer & Saratoga— I 1001* 1011* 6% g bds M ay 1 ’4 1 --M&N J Utica Clin & Bing 5s ’39 -J&J 99 1013* Delaware Lack & Western—• 82 83 Morris & Essex 33*s 2000-J&D 89 891* 773* N Y Lack & Western— 851* 851* Keok & Des M — 1st 5s '23.A > 1st & ref 5s 1973 ser A-M&N / 841* Certificates o f deposit__ Stamped as to interest. Warren 1st refg 3 3*s 2000-F&A 75 / 82 Chic St L & N O— See 111 Central Del Riv RR & Bridge— See Pa RR Chic St L & Pitts— See Penn Co Denison & Pac Sub— See Tex & P Chic St Paul Minn & Omaha— Denver & Rio Grande Western— 1 1031* 1041* Gen income 5s Aug. ’55- M&N / 653* ) Cons 6s red to 33*s 1930Denver & Rio Grande—• 921* 94 Deb gold 5s Mar 1 19303 1st con g 4s 1936 ------------ J&J 971* 98 853* Stamped_____________ 97 \i Q7 % 873* 5 ft 5.40 5.15% Improve’t gold 5s 1928_ J&D _ 983* Eq tr 7s 1926-31 series B . Rio Gr June 1st gu 5s ’39-J&D ) ft 5.25 933* 5% North Wisconsin— 6s 1930 Rio Gr So 1st g 4s ’40------J&J / 1001* 53* 3 1st g 4s guar 1940 ------J&J f 5 991* Rio Gr West 1st 4s ’39_ J&J / 863* _ J 1st coll tr 4s 1949 op _ A&O f 733* _ 871* 88 Income mtge Dec 1 1960Utah Fuel 1st 5s 1931--M&S 821* 83 76 761* Denver & Salt Lake—• r 931* 94 Ohic Un Stat 1st 43*s 19631st 5s ’43 ctfs dep ass’t pd-M&N 30 r 102 lst M 5s 1963 series B _ _ r 1171* 1023* 1st M 63*s series C 19631171* D 991* 1001* Chicago & Western IndianaGen gold 6s Dec 1 1932_ _ I 105 3* J Consol gold guar 4s 1952-791* 80 S 100 1003* 1 Chic & West M ichP J J J ft Basis. 9514 96 783* 5% 87 91 1033* 993* 4.70% 4.50% 913* 923* 941* 1013* 95 79 3* 393* 101 813* 106 1003* 98 3* 953* 5.20% 105 5 82 3* 923* 98 92 3* 92 89 105 803* 1063* 90 3* 109 103 3* 5% 85 84 783* 1003* 77" 653* 853* 89 983* Bid. Des M & Ft D — See Minn & St L Des PI Val R y— See Chic & N W Det Gr Rap & West— See Pere M Det & Mack pr 1 4s 1995____J&D Mortgage gold 4s 1995_ J&D _ Detroit Riv Tun— See M ich Cen Detroit & Toledo Shore Line—1 1st gold guar 4s 1953------J&J Dul & Ir Range— 1st 5s ’3 7 --A&O Duluth Missabe & Northern —• Gen g s f 5s Jan 1 1941___ J&J Duluth South Shore & Atlantic 1st gold 5s 1937. ------------ J&J Dutchess Co—'See Cent New Eng East Tenn Va & Ga— See So Ry— Eastern Minn— See St P M & M Elgin Jol & East 5s 1941_ M&N _ Elmira & Williamsport—■ 1st 6s 1910 ext at 4% 1950-J&J Income 5s 2862 ______ - A&O El Paso & R I— See El P & Sow El Paso & Southwestern Co—1 El Paso & S W RR — 1st & ref 5s 1965------- A&O New Mexico Ry & Coal Co— 1st col tr g 5s Oct 1 '47-A & 0 1st & con & coll tr g 5s ’51 _A&O Dawson R & Coal 5s '51-J&J E lP as& R I lstggu 5s’51-J&J Erie— N Y & E 1st 4s ext g ’47 _M&N 43*s 3d ext 1933________ M&N Ask. 703* 65 723* 713* 84 1013* 861* 102 102 86 % 85 1013* 102 87 96 89 1033* 100 100 100 100 883* 933* 100 973* 108 1081* 743* 74 3* 671* 663* 68 J * 683* 681* 673* 82 821* > 5.55 5.25% 5% > 5.40 97 963* 4s 5th ext gold 1928 ------- J&D 7s 1st cons '20 ext to '3 0 --M&S Prior lien gold 4s 1996----- J&J Gen Lien gold 4s 1996____J&J Conv gold 4s 1953 ser A --A & O Series B 1953 ________ A&O Series D 1953_________ A&O Eq tr 6s 1926-35 (year).J&J15 Eq 6s ser FF '26-’28(s-a)-M&N Penn coll g 4s Feb 1 ’51_ F&A _ Buffalo & Southwestern— 1st g 6s '08 ext to 1928-J&J 2d g 5s ’08 ext to 1928--J&J JeffRR 5sext at 5!* '29_ A&O _ Chic & Alt Term 5s 1928--J&J Ch & Erie 5s 1st g 1982.-M&N Income 5s Oct 1982 ___ ___ Cleve & Mah Val g 5s ’38-J&J Erie & Jersey s f 6s 1955-J&J Genesee River 6s 1957------J&J Goshen & Deck 1st 6s ’2 8 --J&J Long Dock 6s con g 1935.A&O Newb & N Y 1st 5s 1929--J&J N J & N Y 5s 1950_____M&N NY&GrLake gu g 5s’46-M&N N Y L E & W C & RR— 1st 6s ext 53*% '42--M &N N Y L E & W D & I 1st 6s ’ 13 Extended at 5% to ’4 3 --J&J N Y Pa & O p 1 43*s '35-M&S N Y Susq & Western—■ 1st refunding 5s 1937_ J&J _ 2d mtge 43*s 1937------F&A Gen mtge 5s g 1940____F&A Term 1st g 5s 1943------M&N Registered $5,000 each_ _ Midland of N J 1st 6s 1910 ext at 5% to 1940----A&O Wilkes & E 1st g 5s’42_J&D Erie & Jersey— See Erie R R —■ Erie & Pittsb— See Penn R R — Est RR of France— External s f 7s 1954___ M&N European & N A— See Maine Cen Evansv & Ind 6s 1926 -J&J / Fitchburg— 5s Jan 1 1934_ J&J _ lj* s ref 1928-- - - M&N 43*s Jan 1933______ - - J&J 4s refunding Mar 1927_ M&S _ _ ..A&O 4s refunding 1927_ 4s Jan 1928 - _ _______ J&J _ 4s M ay 1925--------- ---------------Flint & Pere Marq— See Pere M Flo Cen & Pen— See Seab Air L Florida East Coast 43*s ’59 J&D 1st & ref 5s 19 74--...........M&S Florida South— See Atl Coast L Florida West Shore 5s 1934--J&J Fonda Johnstown & Gloversv— 1st cons ref'g g 4 3*s 1947 - .J&J Gen ref’g gold 4s 1950___ J&J Registered_________________ 1st cons ref 43*s '52 opt-.M & H Fort Dodge Des Moines & Sou— 1st 5s 1938 - - - - - - .J&D Ft Smith&West 1st g 4s ’54-A & 0 Fort St Un Dept Det 4 3*s’41. J&J Ft Worth & Dn C— See Col & S Ft Worth & Rio Gr 4s 1928--J&J Fre Elk & M o Riv— See C&NW Galv Har & San An— See So Pac Galv Houston & Henderson— 1st M 5s 1933- - - - - ..A & O Galveston Term 6s 1938__ M&S Genesee River—-See Erie R R — Gen & W yo 1st g 5s 1929 -A&C Geor & Alabama— See Seab A L Georgia Car & N— See Seab A L Ga & Fla 1st g 5s 1956 ..M & N / Geor Midland— See South’n Ry 101 95 1003* 80 1003* 983* 104 102 3* 101 109 70 85 913* 973* 102 101 i* 1013* 1041* 1031* 102 90 1021 * 96 97 743* 603* 623* 97 92 74J* 611* 631* 99 95 90 633* 921* 64 833* 841* 84 87 89 89 89 86 89 3* 943* 963* 95 961* 96 97 84 60 55 62 88 65 65 621* 84 20 903* 85 953* 951* 93J* 99 1001 * 99 100 94 39 41 110 112 4s Jan 1 1947-- - J&J Ga Sou & Fla 1st g 5s 1945.J&J 100 Deb 5s 1952.. . . . . A&C 90~_ 86 Eq tr 43*s ’26-’39 s-a_ M&N 6 5% 4.80% _ 863* Gettysburg & Har 5s gu ’26 A&O 100 Gila Val Globe & Nor— See S P 74 Goshen & Deckertown— See Erie RR Gr Rap Bel & Sag— See Pere Mar Grand Rap & Ind— See Penn RR 32 Grand Trunk Pacific— 1st M 3s 1962 ________ J&J 691* 683* 1st 4s Feb 25 ’39 Alg gu.M&N 88 90 1st 4s Feb 15 ’42 Alg gu M&N 85 87 Gen 4s 1962 Can Gov guar. J&J 851* 843* Prairie Section 4s 1955_ A&O _ 74 75 Mountain Sec 4s 1955___ A&O 74 75 Lake Sup Div 4s 1955_ A&O _ 76 75 7 97 98 981* /T h is price lBclules accrued Int. B onds. Ask k Last salj. / In L ondon. m Dollars per 500 francs o f £ 2 0 . n Nominal, s Sale price, u Per £200. NOTICE.—All bond prices are Bonds. Bid. Grand Trunk R y o f Canada— Sink fund g deb 7s ’40_ A&O _ 11514 Deb g 6a Sept 1 1936____M&S 10614 Canada Atl 1st 4s 1955____J&J 76 Grand Trunk West 4s £ ’ 5 0 .-J&J 73 1st g gu 4s $ July 1 1950--J&J 7914 Great Northern— Gen M 7s 1936 series A ____J&J 11014 1st & ref g 454s '61 op '41--J& J 91 % Gen M 554s 1952 ser B — J&J 10114 Gen M 5s 1973 series O ____J&J 96 Eq tr 454s 1926-1939____M&S 5 4.95 Eq tr 5s 1926-1938 (y r)-.M & S b 5% Eq tr 6s Jan 15 ’26-'35-J&J 15 b 5.35 Western Fruit Express Eq5s Junel5'26-'39(yr)- J&D 5-10 Great Northern Ry o f Canada— Cons 4s 1934 opt to 1914--A&O 88 Green Bay & West debt cetfs A _/ 7814 Deb ctfs B ___________________ f 1714 Greenbrier R y— See Ches & Ohio Greenwich & JohnsonvUle— 1st gold 4s 1924___________J&J 80 Gulf, Mobile & Northern— 1st 554s 1950 ser B _____ A&O 10214 Gulf & Ship Island R R — 1st ref & term g 5s Feb ’ 52-J&J 10314 Gulf Terminal o f Mobile— 1st mtge g 4s 1957 gu_____ J&J 81 Hocking Valley R y— 1st cons gold 454s 1999— J&J 9034 5% notes 1 9 2 6 ---............. M&S 100 Eq tr 5s 1926-1938 (ann).A & 0 _ 5% Eq tr 5s 1926-1939 (yr)— J&J b 5% Eq tr 6s Jan 15 ’26^’35--J& J 15 b 5.35 Col & H V ext 4s 19 4 8 ---A & 0 8614 Col & Tol 1st g 4s 1955--F&A 8514 Hollid Bed & Cumb— See Pa RR Housatonic— See N Y N H & H Houston Belt & Term 6s ’37-J&J 9514 Houston E & W Tex— See Sou Pac Houston & Tex Cen— See Sou Pac Hudson & Manhattan— 1st gold 5s 1957 o p t--------- F&A 9214 Adj Inc up to 5% Feb '57-A & 0 74 1st M 4548 1957 conv------F&A 8214 N Y & Jer 1st g 5s ’32 opt.F & A 10014 Huntingdon & Broad Top— 80 1st M ext 6s Mar 31 ’40 A.A&O 2d M ext 6s 1940 Ser B --.F & A 75 3d M consol 5s Mar 31 ’40_ A&O 35 Hutchinson & S— See A T & 8 F Illinois Central— 1st g 4s ’51-J&J 9054 1st gold 354s 1951........ ...J & J 82 34 Main L ext 1st g 354s ’ 51-A&O 8154 1st M £ 3s 1951-..............M&S 66 1st M £ 4s 1 9 5 1 ---.........A&O 84 Tr bonds £ 354s 1950______ J&J 77 87 Vi Coll trust gold 4s 1952— A&O Col tr L N O & T g 4s '53-M &N 8414 R ef mtge 5s 1955----------- M&N 8914 R ef g 4s 1955 opt 1918--M&N 10414 Pur lines 1st g 354s 1952--J&J 82 Jt 1st ref M (I O & O S L & N O) 5s 1963 ser A ____J&D 99 Ser B (£100 & £200) ’63-J&D 99 102 Gold 554s Jan 1934--------- J&J Gold 654s July 1 1936___J&J 11114 Eq tr 454s 1926__________ J&J b 4.75 Eq tr 4 54s 1926-1937 (yr) A&O b 4.80 Eq 5s M ay ’26-Nov ’27—M&N b 4.65 Eq tr 5s 1928-38 ser J _ M&N b 4.80 _ Eq tr 6s ’26-'35 ( y e a r ) J & J 15 6 5.20 5% Equip 614s 1926-1938_ M&S 6 _ Equip 7s 1926-1935_____A&O 5% Cairo Bridge 4s g 1950_ J&D _ 9014 Litch Dlv 1st g 3s 1951_ J&J _ 7314 Louisv Dlv 3 54s g 1953— J&J 8014 Omaha Dlv 1st 3s g 1951_F&A 73 St Louis Dlv 354s g 1951_J&J 8114 St Louis Dlv 3s g 1951____J&J 7314 Sp’gfleld Dlv ext 334s '51_J&J 7814 Western lines g'4s 1951_ F&A _ 8614 Chicago St Louis & N O— Con g 5s June 15 ’51-J&D 15 10314 Oong354s June 15’ 51-J&D 15 76 Mem Dlv 1st 4s 1951--J&D 8514 St Louis Alton & Ter Haute— St L South 1st g 4s ’31-M&S 9314 Carb&Shaw 1st g 4s’32-M&S 9214 Ind B1 & Wn— See C C C & St L Indiana 111 & la— See Chic Ind So Ind & Louisv— See Ch Ind & L So _ Indianapolis Un 414s '26_ M&N Gen & ref g 5s 1965 ser A ..J & J 9954 Series B ----------------------------9914 Interboro-Met ISee Street & E Inter Rap TranJ Ry Securities Internat-Great North Ry— 1st M g 6s 1952 series A _ J&J _ 10214 Adj M 6s 1952 series A _ April _ 7414 Stamped___________________ 6% gold notes 1930____M&S 100 Internat Rys (Central America)— 1st M 5s 1972 op t_______M&N 7814 9634 6% notes 1927_______________ 86 6% notes 1936----------------------Iowa Central— See Minn & St L la Minn & N W— See C & N W Jacksonv Ter 1st 5s gu ’39--J& J 100 R ef & ext 6s 1967________ J&J 10914 Jamestown Frank & Clearfield— 1st g 4s 1959 guar________ J&D 87 Jefferson— See Erie Joplin Union Station— 1st g 454s 1940 guar op .-M & N 9314 Kal A1 & G R R — See L S & M S Kanawha Br & Ter— See C & O Kanaw & Mich— See Tol & O O Kanaw & W Va— See Tol & O O R C Excel Spg & N W — See Wabash Kan City Ft Scott & Memphis— 8814 R ef g 4s 1936 guar_______ A&O Cons 6s 1928____________M&N 102 54 Current Riv 1st 5s 1927--A & 0 9914 93 K O Mem & Bir 4s 1934--M&S 95 Income 5s Mar 1934--S ep t 1 98 Assented_____________M&S Kan City & Mem R y & B— 1st 5s gold 1929_______ A&O 9954 b Basis, B onds Ask. 11514 107 77 8014 11054 9314 10114 9614 4.70 4.80% 5.10% 4 85% Kansas City Mexico & Orient—■ 1st gold 4s 1951 (undep)__F&A 6% notes 1916 certlfs____A&O f Kansas City & Pac— See M K & T Kan City Sou— 1st g 3s 1950.A&O R ef & lmpt 5s Apr 1 1950--J&J Eq tr 6s 1926-35 (year)..J&J15 b Kansas City Terminal Ry— 1st g 4s 1960 opt 1930____J&J Kan Okla & Gulf ser A 6s '37-J&J Inc 6s series B Jan 1949____Jan Inc 6s series C Jan 1949____Jan Kentucky Central— See L & N Kentucky & Indiana Term RR 1st M 414s 1961 (sterling)-J&J Plain"-__________ ________ Keokuk & Des M — See O R I & P 90 8014 Knoxv & Ohio— See Southern Ry 1714 Lake Erie & Det Riv— See Pere M Lake Erie & Western— 1st gold 5s Jan 1 1937.........J&J 2d gold 5s July 1 1941____J&J Nor Ohio 1st gu 5s g 1945-A&0 10214 L S & M ich So— See N Y O & H R Leh & Lake Erie— See Lehigh Val Lehigh & New England— 82 91 10014 4.80% 4.80% 5.10% 9714 9254 7414 85 101 45 8354 71 89 82 88 8514 90 10554 8314 9914 104 10214 11214 4.50% 4.70% 4.40% 4.70% 5% 4.80% 4.80% 74 74 83 7414 82 90 87 10354 7454 74 10054 79 89 88 9514 8934 103 10014 Bid. -----73 91 % 5.35 8556 34 77 54 85 8556 100 % 97 8756 101 Gen mtge gold 5s 1954____J&J 10054 Equip trust414s 1925-1931-Var b 5.30 Lehigh "Valley Harbor Term R y— 1st mtge 5s 1954_________ F&A 102 54 Lehigh Valley— 92 1st 6s ext gold 4s 1948____J&D C on M 6s ann regirred____J&D 124 Con M 454s ann Irred____J&D 95 Gen cons gold 4s 2003 ...M & N 8154 9154 Gen con gold 4 54s 2003_ M&N _ 10054 Coll tr 4s 1926___________ F&A 9954 Lehigh & Lake Erie— 1st 454s 1957 guar_____M&S 90 Lehigh & N Y 1st 4s 1945-M&S 8554 Lehigh Valley Coal— 1st 5s gold guar 1933------J&J 100 1st 40-year guar Int red to 91 4% 1933 ...J & J LehighValley R y of New York 96 Lehigh Vail Term 5s 1941-A&0 10254 Middlesex Val 1st 5s '4 2 .-M&N 100 Pa & N Y Canal con 5s ’39.A&O 101 Cons mtge 454 s 1939_ A&O _ 9654 Cons mtge 4s" 1939____A&O 9154 Lehigh & Wilkes— See Cent N J Lex & East— See Louisv & Nashv 91 Litchfield & M ad 1st 5s ’34-M&N Little Miami guar 4s 1962..M &N 8454 Little Rock & Hot Spr West Ry— 80 1st gold 4s 1939 guar_____J&J 94 Long Island— Unified g 4s’49M&S Refunding g gu 4s 1949_ M&S _ 8354 Tax-exempt New Y ork____ 1st cons f 5s July 1 1931_ Q-J _ 10054 96 1st cons g 4s July 1 1931_ Q-J _ Gen mtge gold 4s 1938____J&D 8954 4s gold 1932____________ J&D 9354 Debenture gold 5s 1934_ J&D _ 98 5 4 Debenture gold 5s 1937—M&N 9254 Equip tr 5s 1926-39 (y r )-.A & 0 b 5.40 Equit tr 6s 1926-32 (yr)--F & A b 5.40 Montauk Ext 5s 1945____J&J 9754 Brook & M on 2d 5s 1938-J&D 99 L I City & F con 5s 1937-M&N 99 N Y Bay Ext R 1st 5s g ’43 -J&J 99 New York Bklyn & Manh Bch 9956 1st gold 5s 1935_ _ ..A & O N Y & R B 1st g 53 1927--M&S 9954 North Shore Branch— 1st cons 5s g Oct 1 1932--Q-J 98 54 Louisiana & Arkansas Ry— 1st s f gold 5s 1927 - ___ M&S 10094 Louisiana & North Western— 45 1st M gold 5s 1935_______ A&O Louisv Cine & Lex— See Lou & N Louisville Henderson & St Louis— 99 1st mtge gold 5s 1946------- J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945--M&S 8554 Louisville & Nashville— 103 50-year gold 5s 1937_____M&N Unified gold 4s 1940 ------- J&J 9254 Coll trust gold 5s 1931— M&N 10054 7% g notes M ay 15 '30-M&N15 106 54 1st & ref 554s 2003 ser A .-A & O 10654 103 1st & ref 5s 2003 ser B ____A&O 1st & ref 4 54s 2003 series O S&O 9454 Eq tr 454s 1926-37 (year).J&D b 4.85 Equip 654s 1926-36 (year) .M&S 6 5% Eq tr 6s Jan 15 ’26-’35--J& Jl 5 b 5.20 Atl K & Cin Dlv 4s 1955--M&N 8954 Atl Knox & Nor 1st 5s ’46-J&D 10254 Consol gold 4s 2002___ M&S Lou C & Lex 454s g 1931-M&N 9854 N O M ob 1st gold 6s 1930--J&J 10394 2d gold 6s 1930_______ J&J 103 54 Pad & Mem Div 1st 4s ’46 F&A 9094 8 E & St L Dlv 6s 1971---M&9 2d mtge 3s 1980_ — M&S _ 66 54 Kentucky Cent 4s g 1987--J&J 8554 105 Lex & East 1st 5s 1965_ A&O _ L & N M ob&M ont 454s’45M&S 97 Louisv & Nashv Southern joint gold 4s 1952__________ J&J 8354 86 L & N Term 1st g 4s '52 gu J&D Nash F & S 1st gu g 5s '37-F&A 101 Newport & Cincinnati Bridge— 1st M g 454a 1945 guar..J& J 9454 S & N Ala cons M g 5s ’36-F&A 10294 Gen cons gu g 5s 1963--A&O 105 85 Macon Dub & Sav 5s 1947--J&J Macon Terminal 5s 1965____J&J 97 54 Mahoning Coal— See L S & M S 984 100 f This price Includes accrued Interest, [V ol. 121. RAILROAD BONDS "a n d Interest” except where marked " I " k Last sale. < In London. and income and defaulted bonds. B onds Ask. Bid Maine Central— 91 1st & ref 4 54a 1935.............J&D 1st & ref 5s Dec 1935____J&D 96 Eur & N A gold 1933____J&J 91 Hereford R y— G 4s ’3 0 --M&N 90 7354 92 Upper Coos 1st gu 4a '30-M&N 90 Upper Coos Ex 454s g ’30-M&N 6% 9254 Washington Co R y 1st g gu 62 86 354s Jan 1954 op 1924--J&J Manila RR Sou Lines 4s ’39-M&N 6354 4s '39 ext 1959 (U S guar) — 62 Sinking fund g 7s 1937--M&N Manitoba & S E— See Can Nor Manitoba S W Col 5s 1934--J&D 99 Marq Houghton & Ont 6s ’35A&0 99 8994 M d Del & Va 5s 1955 gu____F&A f 40 Maryland & Pa 1st g 4s '51-M&S Mason City & Ft Dodge— 1st M gold 4s 1955______ J&D f 60 Memphis Union Station Co— 1st g gu 5s N ov 1 ’59------M&N 10054 Merchants’ Br— See Term R R 81 8854 Meridian Term 4s ’ 55 guar.M&N Mexican International— Prior lien 454 s 1947-......... M&S f 1st con gold 4s 1977______ M&S f f 102 Sept 1 1914 coupon o ff--------- f 101 5.20% Mexican North 1st 6s 1930-J&D f Mich Cent—See N Y O & H R Middlesex Valley— See Leh Val Middletown & Unlonvllle— 2d M adj inc 6s 1933____M&N 50 Midland o f N J— See Erie Midland Term 5s 1925 ------J&D 92 8154 Midland Valley— 5s 1943-—A&O ____ Adj M Apr 1 ’53 ser A ------Sept 92 54 10194 Millen & Southw— 5s 1955--A&O f 60 Mil Lake Sh & West— See Chi &N W Milw & No— See Oh M ilw & St P Milw & Spart & N W— See Chic 88 Min & Pac— See M S t P & S S M 10094 Minn & St L— 1st 7s 1927--J&D f 10054 1st consol gold 5s 1934— M&N / 58 / 57 95 1st refg gold 4s 1949------M&S f 2054 9694 16 R ef & ext 5s Feb ’62 ser A .Q -F / 1454 1st gu g 7s 1927-------------- J&D 100 Des M & Ft D 1st 4s ’35--J&J / 46 103 Certificates o f deposit--------- / 46 9754 Iowa Cent 1st g 5s 1938--J&D f 5754 9254 Certificates of deposit.. f 1st & ref g 4s 1951___ M&S f 1954 93 Certificates of deposit-----16 Minn St P & Sault Ste Marie— 88 1st cons gold 4s 1938------- J&J 87% 1st cons gold 5s 1938_____J&J 9854 8154 2d M gold 4s guar 1949— J&J Coll trust 654s 1931_____M&S 103 1st ref 6s 1946 series A ____J&J 9954 25-year 554s 1949_______ M&S 8854 Eq tr 7s 1926-1930 (year).J&D b 5.35 M S Ste M & Atl 4s 1926--J&J 91 9954 Minn & Pac 1st 4s 1936---J&J M St P & S SM & Cent Term R y— lstC h T ersf4s’41op’ 16M&N 9254 9294 5% Minneapolis Term— See Wls Cent 5.10% Mississippi Cent g 5s 1949— J&J 93 9854 Missouri-Kansas-Tex R R — 96 Prior lien 5s 1962 ser A ------J&J Prior lien 4s 1962 ser B ____J&J 7854 __ Prior lien 6s 1932 ser O ------J&J 102 54 Adj M 5s Jan 1967 ser A .-A & O 8954 Mo Kan & Tex (old company)— 1st gold 4s 1990-------------- J&D 10054 8154 Eq tr 6s 1926-35 (year)-J&J15 b 5.65 Boonville RR Bridge— 1st g gu s f 4s 1951------M&N f 80 Dal & Waco 1st gu 5s '40-M & N } 95 101 Kan C & Pac 1st 4s g ’9 0 --F&A f _ M o Kan & E 5s 1942 gu.-A &O f 50 Missouri Kansas & Okla— 1st g gu 5s M ay 1 ’4 2 --M&N f M K & T of T 1st 5s gu ’42 M&S f 135 100 Sherman Shreveport & S— 1st M gu gold 5s 1943--J&D f 87 S W Coal & Imp 1st 6s '29-J& J f Texas & Okla— 5s 1943--M &S f Mo Pacific RR (new company)— 93 102 1st & ref 5s Jab 1965 A _ F&A _ 8854 1st & ref 6s 1949 ser D __ F&A 10154 10654 108 1st & ref 6s 1955 Ser E ..-M & N 10154 5% gold notes 1927---------J&J 10354 10054 6% secured notes 1930___ M&S 100 94 54 Equip trust 5s 1926-40 (yr)M&S 5 5.10 4.70% 4.80% M o Pacific (old company)— 5% Gen M 4s Mar 1975______M&S 6454 Equip 654s 1926-36 (year)-F&A b 5.50 8954 Eq tr 6s Jan 15 ’26-’35- -J&J15 b 5.50 3d 7s ext to July 1938 at 4 % _______ _____ ___ .M & N 87 54 105 Cent Br Un Pac 1st g 4s '48 J&D 77 Pac o f M o 1st ex g 4s '3 8 -F&A 105 9154 92 2d ext 5s gold 1938_____J&J 9954 St L R E 1st 5s 1938--M&N Oardelet Br 1st 4 54s ’38. A&O 90 St Louis Iron M t & Sou— Unify & ref’g g 4s ’29__ J&J 95 54 10554 Gen con ry & 1 g 5s '31-A&O 10054 Gen con stpd gu g 5s '31 A&O Riv & Gulf Dlv 4s ’33 - - M&N 8854 Verd Val I & W 1st 5s ’26 M&S 9954 10254 Mobile & BIrm— See Southern Ry Mobile & O— 1st g 6s 1927--J&D 10254 1st exten 6s July 1927____Q-J 10154 89 Gen g 4s 1938___________ M&S 10454 Eq tr 5s 1926 ’38 (s-a)_ M&S b 5.05 _ 10694 Eq tr 5s 1926-39 (year)____J&J b 5.05 8654 Montgom Div g 5s 1947--F&A 99 9954 St Louis Div 5s 1927_____ J&E 100 St L & O 4s guar 1931____J&J 95 M o’k & Malone— See N Y C & B Monongahela Sou 5s 1955--A&O Mont Cent— See St P M & M 60 _ Mont Wyo & So 5s 1939_ M&S Morris & Essex— See D L & W Nashville Chattanooga & St L— 1st consol gold 5s 1928— A&C 10154 E q tr 454s 1926-37 (year)-A&O 6 4.95 Nash Flor & Sheff— See L & N 00 33 s Sale price. n N ominal 92 97 93 93 65 64 6614 102 79_ 10114 83 94 102 % 61 65 21 19 1514 4654 48 58 54 5854 1954 20 87 54 99 103 54 101 91 5.05% 100 79 103 8914 8454 5.35% 8814 10154 101 % 100 % 101J4 4.90% 6414 5.15% 5.15% 8714 80 9214 9914 96 10014 8834 10314 10214 90 4.80% 4.80% 10014 10014 96 70 102 4.75% RAILROAD BONDS Due., 1925.] N O T IC E.— All bond prices are "a n d interest” except where marked B on d s. Bid. National Railways o f Mexico— Prior lien g 4 54s s f 1957.-J&J / Jan 1914 coupon on _________/ July 1914 coupon on _________ / Assent cash warr & scrip on___ / 1714 Gen mtge 4s 1977________ A&O / April 1914 coupon o ff______ / Assent cash warr & scrip on . / 1814 8% gold notes June 1915.J&D / Nat RR o f Mex p i g 4 54s ’2 6 .J&J / July l9 l4 coupon on __________ / Assent cash warr & scrip on. / 32 1st cons gold 4s 1951_____A&O / April 1914 coupon o ff______ / Assent cash warr & scrip on . / 16 Nebraska— See C B & Q New Eng R R —’See N Y N H & H New Hav & No— See N Y NH & H N J Junction— See N Y Central New Jersey & New York— SeeErie New Lond Nor 1st 4s 1940_ J&J _ 75 New Mex Ry & C 'l— See El Paso New Orl Gt Nor 1st 5s '55—F&A 62 New Orl & North East 6s 1915— Extended at 5% 1940___ M&N R ef & impt 454s ’ 52 ser A ..J& J 9014 _ New Orl Term 1st 4s 1953_ J&J 8314 New Orleans Texas & Mexico— Non-cum inc 5s Oct '35 series A 9614 1st 5s 1954 series B ______ A&O 9614 1st M 554s 1954 series A ..A & O 10114 Newp & Cin Bdge— See L & N Newp & Rich— See Conn & Pass N Y B & M Bch— See Bong Island N Y Bay Ext RR— See Long Isi New York Central R R — Cony deb 6s 1935______ M&N 10614 Cons mtge 4s 1998 series A.F&A 8514 New York Central & Hud River—■ R ef’g g 3 54s July 1 1997..-J& J 7714 Deb g 4s '34 tax-exempt.M&N 9414 Deb 4s 1942 tax-exempt. .J&J 91 R ef & impt 454s 2013 A —A&O 9214 R ef & impt 5s 2013 O .-.A & O j 10114 Eq tr 7s '26-’35 (year)_ .A&015 b 5% Eq tr 6s Jan 15 ’ 26-’35.-J&J15 b 5.20 N Y C L eq 5s ’26-’37 (yr) J&D b 4.80 N Y C Lines eq 5s 1926-39-J&D b 4.80 N Y C Lines eq 454s ’26-’28.J&J 6 4.80 N YC L eq 454s’26-'37(yr) M & S5 4.80 N Y C Lines eq 4 54s Sept 15 1925 to 1939 (year)______M&S15& 4.80 N YC RR eq 454s ’36-’32..J& J b 4.80 Bos & Alb eq 4H s ’26-’27-A & 0 b 4.75 L S coll tr g 354 sl998____F&A 75 54 M O coll tr g 3 54s 1998.—F&A 7614 Beech Or 1st 4s g gu 1936..J&J 9314 9714 2d guar gold 4s 1936------J&J 7714 Beech Crk Ext 354s '51-A&O 84 Cart & Adir 1st 4s 1981--J&D Olf Bit O Co 1st g 4s '4 0 .J&J • 82 Gouv & Osw 1st 5s g 1942-J&D 9954 Lake Shore & Mich South— 78 Con g ref 3H s 1997____J&D Deb gold 4s 1928______ M&S 9854 96 Gold 4s 1931.................M&N 97 Cieve Short L 4 )( s '61 - - A&O K A & Gr R 1st 5s 1938-J&J 10054 Kal & W Plg'n g 4s '4 0 .-J&J 105 Mahon C RR 1st 5s 1934.-J&J 10154 Merch Dispatch Transp Co— 5% Eq tr 454s 1926 _______ J&J b Michigan Central—1 5s coup '31 D & B O div.M&S 10054 Deb gold 4s 1929______A&O 9754 Equip 5s 1926-30 (y r).A & 0 b 5.85 Equip 6s 1926-32 (yr)._M & S b 5.10 1st 5s Kal & S H 1939.M&N 1st mtge M Air L 4s '40-J&J 9154 1st g 4s Jol & N Ind '57J&J10 1st g 354s J L & Sag '51-M &S 78 54 83 1st gold 354 s 1952------- M&N BayC&BC 1st M g 3s’89J&D Bat C & S 1st gu g 3s’89.J&D 6054 Det R Tun 454s '61 gu.M&N 9314 Grand Riv Vail 4s '5 9 .-M&S Tol Can Sou & D 4s '56-J&J Mob & Mai 4s 1991_____M&S 8554 73 Consol gold 354s 2002—M&S N J June 1st 4s gu 1986--F&A 8314 79 N Y & Har 1st g 354s 2000 M&N N Y & Nor 1st g 5s 1927..A&O 10054 N Y & Put 1st 4s g 1993—A&O 83 54 Pine Creek gu 6s 1932------J&D 10514 Pitts & Lake Erie 6s 1928_J&J 5s Jan 1 1928— ...........A&O 10054 Eq tr 654s 1926-35(yr).A&0 ' 5.10 Pitts M cK & Y 6s 1932.J&J 10554 2d 6s guar 1934--------- J&J 103 St Lawr & Adirond 5s '9 6 .-J&J 9514 2d gold 6s 1996_______ A&O 101 8314 West Shore 1st 4s 2361------ J&J N Y O & St L 1st g 4s 1937.-A&O 93(4 2d & impt 6s A B & O '31.M&N 102 54 Deb 4s May 1 1931--------M&N 9454 R ef 554s 1974 ser A --------A&O 9754 New York Connecting R R — 9154 1st M 454s 1953_________ F&A N Y & Gr'wood Lake— See Erie N Y & Har—-See N Y O & 0 R N Y & Jersey— See Hud & Manh N Y Lack & West— See D L & W N Y L E & W O R R — See Erie N Y & Long Br— See Cent o f N J N Y New Haven & Hartford— 9554 Deb 6s Jan 15 '48 conv..J& J15 59 54 Deb 4s M ay 1 1957------- M&N 6454 Deb 4s July 1 '55 non-conv. J&J Deb 4s 1956 non-conv_ M&N _ 64 54 68 Deb 4s 1947 non-conv___ M&S 60 Deb 354s March 1947----- M&S 57 Deb 3 14s 1954 non-conv..A& O 58 Deb 354s 1956 conv------- -J&J 15-yr secured 6s 1940— A&O 9654 74 Bos & N Y A L 1st 4s g '55 F&A 67 Cent New Eng 4s 1961----- .J&J 84 Dutchess Co 414s 1940.J&D ft Basis. Bid. N Y N H & Hartf (Concl)— Danb & Norwalk 4s 1955--J&D Gen 5s Apr 1 1925-- - A&O Harl R & Portch 4s '5 4 --M&N 84 Housatonic con 5s 1937—M&N 19 95 Naugatuck 1st 4s 1954--M&N 75 54 New Eng cons 4s '45 gu-.J& J 79 H Consoi g 5s July 1 1945 J&J 93 H 2154 N Y & NE Bos Ter 4s'39 A&O S3 54 N Hav & North 4s '56 gU-J&D 7654 N Y Prov & Bos 4s '42_ A&O _ 8554 N Y Westchester & Bos Ry— 3354 1st M g 414* 1946 gu__ J&J 6854 Prov Sec deb 4s 1957 gu.-M &N 59 Prov Ter 1st g 4s gu '56 M&S 17 54 8354 N Y & Nor— See N Y C & H R New York Ontario & Western— R ef 1st g 4s June 1992_ M&S _ 67 % Registered $5,000 only. - . . 57 Gen M g 4s 1955 red. — J&D 62 5 -4 Eq 414s Mar '26-Mar '28 M&S b 4 75 80 N Y Phila & Nor— 1st g 4s '39J&J 90 Income 4s Jan 1 1939___ M&N 65 88 Stock trust ctfs 4s 1948 -J&D 8554 N Y Prov & B— See N Y N H & H N Y & Putnam— See N Y C & HR 92 N Y & Rockaway B— See L ’g Isld 85 N Y Susq & W— See Erie 9654 N Y West & B— See N Y N H & H _ A&O 82 9614 Nord Ry s f 614s 1950_ 10154 Norf & Caro— See Atl Coast Line Norfolk Southern— 1st & ref g 5s '61 op '15_ F&A _ 77 N orf & Sou 1st 5s 1941_ M&N _ 96 54 1st gen g 5s 1954 op t__ J&J 89 Ral & Cape F 1st 5s '43 -M&S 90 Ral & Southp con 5s '6 5 --J&D 88 10714 Suffolk & Car con 5s '5 2 --J&J 8614 86 Norfolk Ter 1st gu 4 s '6 1 -- M&N 70 78 N orf & West geh 6s 1931 .M&N 10654 Imp & exten 6s 1934 _ F&A _ 9414 107 54 92 New River 1st 6s 1932___ A&O 106 54 N & W Ry 1st con 4s '96 A&O 93 8954 Div 1st lien & gen g 4s July 1 101 54 4.85% 1944 opt Jan 1 1929____J&J 9054 5% Conv 6% Sept 1929— -M &S 145 4.75% N & W Pocahontas 4s '41-J&D 91)4 4.75% Eq tr 454s 1926-’32 (yr) .M&N b 4.75 4.70% Eq tr 454s 1927-’31 (yr)_.F & A b 4.75 Eq tr 4 54s 1929-’32 (yr)_. A&O b 4 75 4.70% Scioto Val & N E 1st 4s'89M&N 8754 4.70% No & So Car— See Car Atl & West 4.75% N ’east of S C— See Atl C L of S O 4.50% Northern Cal Ry— See So Pac Northern Central— 76 Gen & ref 5s 1974 ser A M&S 10154 78 Northern Ohio— See L E & West Northern Pacific— Prior lien g 4s Jan 1997____Q-J 85 54 Gen lien g 3s Jan 2047 — Q-F 61)4 8614 Ref & imp 4 54s 2047 ser A.J&J 86 54 Ref & imp 6s 2047 ser B __ J&J 107'54 Ref & imp 5s 2047 ser C .-J& .I 97 54 Ref & Imp 5s 2047 ser D_ J&J 7814 97)4 Eq tr 454s '26-'32 (yr) — F&Al5 b 5% 9854 97 Eq tr 7s 1926-'3<) (yr)-M&N15 b 5 10 St P & D Div g 4s 1996-.J&D 9714 Wash Cent 4s Mar 1948 -Q-M 82 54 St Paul & Dul 1st 5s '3 1 .-F&A 100 54 _ 1st consol g 4s 1968_ J&D 103 8454 Dul Union Dep 5s '30 -A&O 4.60% No Pac Ter Co— 1st 6s '3 3 .-J&J 109)4 North Ry of Cal— See Sou Pac 92 101 North Penna ext’d 4k '36 —M&N 73 Gen g 3 3-10s 1953_______ J&J 9754 34 4.70% Northw~ Term g 5s 1926 gu.-J& J 98 4.80% Norwich & Wor— 4s 1927--M&S Ogd'bu & L Cham— See Rutland Ohio Connecting— See Penn RR Ohio I & W — See C C C & St L Ohio River— See Balt & Ohio 8514 Old Colony RR __________ 90 4s Jan 1938 . -------------- J&J 91 3 54s July 1 1932________ J&J 6214 105 1st M 554s 1 9 4 4 .______ F&A 93141 1st M 5s 1945 series B _- J&D _l Oregon & California— See So Pac 8854i Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 op t---- J&J 8354 85 541 Ore RR & Nav cons 4s '46 J&D 9054 Oregon Short Line— See Un Pac Pacific Coast Co— See Mlsc Bonds Paducah & 1 1 1st 454s '55— J&J 1 9554 Pan American 1st 5s '34 op t. J&J / 10 Paris-Lyons-Mediterranean R R — 102 Ext s f 6s 1958________ F&A15 78)4 84 4.90% S f exti 7s 1958 _______M&S 15 10614 Paris-Orleans ext'l 7s 1954 -M&S 83)4 Paulista Ry lst7s’42 ser A M&S15 10054 __ Pennsylvania R R — 105 Con M 4s gold 1943---- M&N 94)4 91 do 4s gold 1948 ----.M&N 8354 do 4s gold 1948 sterling 9354 stam ped dollar bonds___ 103 90 54 95 98 54 do 454s g 1960_______ F&A Gen g 454s 1965 ______ J&D 9354 98 102 Gen g 5s Dec 1 1968_____J&D 10-year gold 7s Apr 1 '3 0 .-A&O 108 54 9254 15-yr 654* Feb 1 1936 ...F & A 111)4 40-yr 5s 1964___________ M&N 98)4 Con M 3 54* g £ 1945______J&J V 77 Eq tr 6s Jan 15 ’26-’35—J&J15 b 5.20 Ed tr 5s Mar 1926-'38— M&S b 4.85 Gen equip 5s 1926-'39 (yr) A&O b 4.85 Eq tr 4 54s 1926-'39 (yr)__A&O b 4.80 92 54 Aleg Val gen 4s 1942------- M&S 9614 45 60 Balt Ches & Atl 1st g5s’34 M&S 98 Belvidere Del gu 4s 1927.-F&A 6814 1st g gu 354s 1943------- J&J 6814 83)4 Cin Leb & Nor 4s 1942. —M&N 87 54 6214 Clev & Marietta 4 54* *35 M&N 9554 Cleveland & Pittsburgh— Ser A 454s gen gtd 1942.J&J 60 9754 Ser B 4 54s gen gtd '4 2 .-A&O 9754 9714 85 75 In tred to3 54%------------ Ser C 3 54s gen gtd '4 8 .-M&N 6754 8254 82 Ser D 3 54s gen etd '50_F&A 86 /T h is price includes accrued interest, B onds Ask. k Last sale, iIn London, 33 " t” and income and defaulted bonds. B onds. A sk . 85 54 82" 96 §6 " 6814 8314 64 Vs 4.50% 8214 7714 98 92 §6" 88 85 10614 92 91 14914 4.65% 4.65% 4.65% 89 86 6114 8714 108 97 J4 98 4.75% 4.90% 8314 8514 lio " 76 40 10114 8314 9014 9614 25 7814 8414 84 101 9114 91 9814 9314 10214 10814 11114 9814 82 5% 4.70% 4.70% 4.70% 9314 50 100 n Nominal. 9 l" 9714 85 85 Bid. A sk. Pennsylvania RR (Concluded)— D Riv RR & B gu g 4s '36 F&A 95 9354 Erie & Pittsburgh— Gen gu g 354s ser B '40—J&J 88 85 54 Series C 1940___ ...J & J 88 85 54 Gr R & Ind ext 454s '41..J& J 94 2d 4s 1936--. ________ A&O 8954 9054 Muskegon Div g 5s '26.-J& J 100 102 Holidaysburg Bedford & Cumb 1st M g 4s 1951 guar_ J&J _ 89 Ohio Connecting 4s 1943.M&S 9154 Pennsylvania Company— Gu g 4s 1931 op 1921-.A&0 9654 9654 Gu tr ctfs g 4s 1952_ M&N _ 84 85 54 Gu tr ctfs g 354s 1937..M&S 8654 Gu tr ctfs g 3 54s 1941. F&A 8254 83 Gu tr ctfs g 3 54s 1942..J&D 8154 Gu tr ctfs g 3 54s 1944 -J&D 8154 Ph Balt & Wash 4s '43 , M&N 9254 Gen 5s 1974 series B -F&A 106 107 Pitts Cin Chic & St Louis— Con g gu 454s ser A '4 0 .A&O 97 9654 do Ser B 1942--.A&O 9654 do Ser C 1942...M & N 95 do Ser 1 1963.. F&A 94)4 9554 do 454s ser J '64 M&N 95 9454 do 4s ser D 1945.M&N 92 do 4s ser F 1953.-J&D 92 do 4s ser G 1957-M&N 92 9454 do 4s ser H 1960.F&A 92 do 354s ser E '49-F&A 91 Gen M 5s 1970 ser A ..J& D 99 54 98 54 Gen M 5s 1975 ser B . A & O 99 9954 C St L& Pitts 1st 5s g '32-A&O 10154 Pitts Va & Char gu 4s '43 M&N 88 54 Pitts Young & Ash 5s '27-M&N 10054 1st gen 4s series A 1948. J&D 9054 1st M 5s 1962 series B -.F & A 101 54 1st gen 5s 1974 series C.J&D 100 54 102 Sun & Lew 1st g 4s 1936—J&J ' 9154 Tol Wahl Valley & Ohio— 1st g gu 454s '31 ser A ..J& J 97 1st g gu 454s '33 ser B ..J & J 98 9754 1st g gu 4s '42 ser C _ M&S _ 90 Penn & N Y Canal— See Leh Val Pennsylvania & Northwestern— General 5s Jan 1 1930. — .J&J 100 Clearfield & Jeff 1st 6s '2 7 .J&J 101 102 Peoria & East— See C C O & St L Peoria & N W— See Chic & N W Peoria & Pekin Union Ry— 1st g 554s 1974 series A . _ F&A 10054 10154 Peoria Ry Term— See Ch R I & P Pere Marquette (New C o)— 1st g 5s July '56 ser A _ J&J 100 54 10054 _ 1st g 4s July '56 ser B _ J&J _ 83 54 83 54 Eq tr 6s Jan 15 ’26-’35—J&J 15 b 5.30 5.10% L E & Det Riv 454s '32—F&A 98 97 Perkiomen 1st 5s '18 ext to '38 Q-J 2d 5s 1918 ext to 1938— -Q-J Petersburg— See Atl Coast Line Phila & Balt Cent 4s 1951 - M&N 90 88 Phila Balt & Wash— See Penn RR Phila Newt & N Y 3s 1942.-A&O 74 78 Phila & Read— See Reading Co Phila Wilm & Balt 4s 1926—J&J 98 99 Debenture g 4s 1932 ____A&O 93 Philippine Railway— 1st p 4s 1937 s f opt gu_ J&J _ 4154 4254 Piedmont & Nor 1st 5s 1954-J&J 91 89 Pine Creek— See N Y O & Hud Riv Pittsb Bessemer & Lake Erie— P S & L E 1st g 5s 1940— A&O 9954 Cons 1st g 5s July 1 '43—J&J 9854 P B & L E con g 5s 1947. J&J Pitts Char & Youghiogheny— _ Gen mtge gtd 4s 1932_ A&O Pitts C C & St L— See Penn RR Pitts & L E— See N Y C & Hud Riv Pitts M cK & Yough— See N Y C Pitts Shaw & N— 1st g 5s '49.F&A / ___ Gold 4s Feb 1 1 9 5 2 .____F&A / 5 2 6% receivers’ ctfs 1927— M&A f 65 80 Pittsburgh & Shawmut— 1st s f g 5s 1959 o p t______J&D / 50 70 Pitts Shen & L E— See P Bess & L E Pittsb Term RR & Coal— 1st g guar s f 5s 1942. . J&J W Side Belt 1st g 5s '37.M &S Pitts Va & Chas— See Penn RR Pitts & Western— See B & O Pittsb Youngs & Ash— See Pa RR Portland & Ogdensburg 1st M 4 54s 1928 guar___ M&N 94 96 Port & R Falls— 1st g 4s '26-M&N 99 98 Debenture 4s Aug 1927--F&A 98 96 Portl (Me) Term gu 4s '6 1 --J&J 78 80 Guar 5s 1961 . . . . ..J& J 953^ 97 Port Reading—4st gu 5s '4 1 .. J&J Ports Gt F & Con— See Bos & Me Potomac Val— 1st gu 5s g '41 J&J 9954 Princet & Northw— See Chic &N W Prov Sec Co— See N Y N H & H Providence Term— See NYNH& H Prov & Wore— 1st 4s 1947--A&O 85 Ral & Aug— See Seaboard Air L Ral & Cape Fear-See N orf Sou Ral & Charles— See Seab A L Raleigh & Gas— See Seab A L Ral & Southp— See Norfolk South Raleigh & S W— See Ches & Ohio Raritan River— 1st g 5s '39- J&J 93 95 Reading Company—■ Gen gold 4s Jan 1 1997 ..J& J 95 9554 Eq 454s Jan '26-Jan '27 ..J& J b 4.75 4.50% Eq 5s (J&J) '26-'32 ser J..J& J b 4.85 4.65% Jer Cent g 4s '51 op '0 6 .-A&O 91 9054 Gen & ref 454® 1997 ser A J&J 9454 9454 Atlantic City gu 4s 1951--J&J 84)4 1st M gold 554® 1929. .M&N 10154 102 W & N A tr ctfs 4s red 105-Q-M 79 81 Phila & R— 2d 5s g 1933--A&O 101 Imp M ext g 4s 1947_ A&O _ 92 9154 Cons ext gold 4s 1937 .M&S 9154 9354 Term 5s g gu May 1 '41-Q -F 10354 10454 Del R Ter p m g 5s '4 2 .M&N 100 Ex p mon g 5s 1942.-J&J 100 < Sale price. (Tax-exempt. 34 RAILROAD BONDS AND STOCKS [V N O T IC E .— AH bond prices are "a n d in te re st" except where marked " ( ” and income and defaulted bonds. B onds. Bid. Reading Company (Concluded)— Wilm & No 1st 5s 1927.J&D 99 Gen g 5s Aug 1 1932-.Q-F 100 Phila & Read Coal & Iron— Coll s f g 4s ext '32 gu.F&A 92 Renssel & Saratoga— See Del & H Richm & Danv— See Southern Ry Rich Fredericksb & Potomac— Cons mtge 4 ^ s 1940 ___ A&O 85 Equip 6s Jan 15 ’28-'35-J&J15 6 5.30 Rich & Mecklenburg— See So Ry Rich & Petersb— See Atl Coast L Richmond Term— 1st 5s 1952 .J&J 100 Richmond-Washington Co— Coll tr g gu 4s 1943 op t--J& D 92 % Rio Gr June— See Deny & Rio Gr Rio Grande Sou— See Deny & R G Rio Grande West— See D & R G Rock IsldFrisco Term— 5s '27 J&J 99% Rock Isl Ark & La— See C R I & P Rutland— Con 4 !4 s 1941____J&J 86 Benn & Rutl 4% s g '2 7 .-M&N Ogd & L Ch 1st g gu 4s ’48-J&J 72% Rutl Can 1st g gu 4s 1949-J&J 75% Eq tr 4H s 1926-27 (yr).M &N b 5.50 St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s ’5 1 --J&J 72% St Clair Term 1st 5s 1932_ F&A _ 75 St Johns & L Cham— 5s ’44-M&S 40 St J & Gr Isl— 1st g 4s 1947- - J&J 7 7% St Lawr & Adir— See N Y Central 8t Louis A1 & T H— See 1 1 Cent 1 St Louis Br— See Term RR Assn St L & Cairo— See Mobile & Ohio St L Iron M t & Sou— See M o Pac St L Mer Br Co— See Term RR St L Peo & N W— See Ch & N W N W 8t L Rocky M t & P 5s 1955— See Misc C St L South— See Illinois Central St Louis-San Fran (reorganized) Prior lien 4s 1950 series A -.J & J 76% Prior lien 5s 1950 series B ..J & J 9 1% Prior lien 6s 1928 series C --J& J 102% Prior lien 5H s ’42 series D .J& J 99 Cum adj 6s July 1955 ------A&O 91% Income mtge 6s July I96 0--Oct / 86 Eq tr 6s Jan 15 ’26-’3 4..J&J15 b 5.40 Gen mtge gold 6s 1931____J&J 104% Gen mtge gold 5s 1931____J&J 100% Con mtge 4s July 1996____J&J St Louis Southwestern— 1st g 4s 1989____ ____M&N 83% 72% 2d g inc 4s N ov 1989------- J&J 1st consol g 4s 1932 ------- J&D 90% 1st term & unif 5s 1952— J&J 90 Eq tr 5% s 1926-1939 (s-a) M&S 6 5.30 Cent Ark & Ea 1st 5s’40 op.J&J 90 Grays Pt Term g 5s 1947-J&D 90% Shrev Bdg & Ter 5s '55 gu F&A 88 StephenvN&STex 5s’40 op.J&J 89 St Paul Bridge & Terminal Ry— 1st M 6s 1929 ___________ J&J 100% 8t Paul & Duluth— See Nor Pac St Paul East Gr Trk— See C&N W & N W St P & K C Sh L —See O R I & P R I & St Paul Minn & Manitoba— 1st consol g 4s 1933______ J&J 95 1st consol g 6s 1933 _____J&J 107% 1st cons red to 4% s g 1933-J&J 98% Montana ext 1st 4s 1937-J&D 92% Pacific Ext 1st 4s £ 1940--J&J 89% Eastern Ry of Minnesota— Nor Div 1st g 4s 1948 -A&O 84% M ont Cent 1st gd 6s 1937-J&J 109 1st guar gold 5s 1937____J&J 101 W O & S F 1st 5s g 19 38---J&D 101% St Paul & Nor Pac— See Nor Pac St Paul Union Depot— 1st & ref 5s 1972_________ J&J 101% Salt Lake City Un Dep & RR — 1st M 5s 1938......... ........... M&N 94 San Ant & Aran Pass— See SoPac San Fr & S Jo Val— See A T & SFe San Fran Term— See Sou Pacific Santa Fe Pres & Ph— See AT&SFe Sault Ste Marie Bridge— 1st M s f 5s July 1 1937.-J&J 90 Say Fla & W— See Atl Coast Line Sav & States— 1st g gu 5s '5 3 .J&J 70 Scioto Vail & N E— See Norf & W Seab Air Line— 1st g 4s 1950-A&O 79 78% Adj mtge 5s Oct 1 1949.-F&A / 87 R ef gold 4s 1959 op t_____A&O 71% 1st & cons 6s 1945 ser A ..M & S 96 Equip trust 6s 1926-27— J&D b 5.50 Equip tr 6s (s-a) 1926-37-F&A b 5.50 Atlanta-Birmingham Div— 1st g 4s M ay 1 1933------M&S 88 Caro Cent 1st g gu 4s '4 9 --J&J 80% Florida Central & Peninsula— 1st 1 g ext 5s gold 1930--J&J 100% 1st cons 5s gold 1943___ J&J 99% Sou Bound 1st g 5s '41-A&O 95% Georgia & Ala 5s Oct ’45- J&J 96 Ga & Ala Term 1st g 5s’48.J&D 96 Ga Caro & N— 1st 5s g '29-J&J 99 % Ral & Augusta— 1st 6s ’26.J&J 100 Ral & Charleston 4s 1956-F&A 60 Consol 4s 1956 _ - - F&A 60 Ral & Gaston— 1st 5s g ’47.J&J 98% Seab & Roanoke— lst5s’26.J&J 99% Seacoast R R of N J 5s ’48 A&O 95 Sebast & Mooseh 1st 5s ’28-M&S Shamokin Sunbury & Lewisb’g— 2d 6s gold July 1 1925 ext at 5% to July 1 1945 - J&J 95 Sher Shrev & So— See M o K & T Shrev Bdg & Ter— See St L So W Sierra Ry o f California— 1st s f 6s g Apr 12 '37.A& 012 Sioux City & Pac— See Ch & N W Somerset R y 1st & ref 4s '55.J&J 67 1st M 4s July 2 1950_____J&J 70 A sk. 5% 102% 100% 88 74% 77 5% 60 80% os ,p .44 76% 92 103 99% 91% 86% 5.15% 104% 100% 84 75 90% 90% 5% 91 91 102 Pac 95% 108% 99% 94% 89% 91 112 103 103% 96 83 79% 78% 87% 72% 96% 5.25% 5.25% 89 82 100 96% 98 100 100% 100% 72 75 B onds. Bid. So Caro & Ga— See Southern Ry South Bound— See Seaboard Air L So Indiana— See Ch T H & S E Southern 111 & M o Bridge Co— 75 1st M g 4s 1951_________ M&N Southern P acific Co— Coll tr 4s (C P) Aug 1 '49 J&D 85% Conv g 4s June 1 ’ 29 op ’ 14 M&S 97% Conv g 5s 1934 _________ J&D Coll trust 5s 1944 _____M&N 99% Equip 7s 1926-1935 (yr) J&D b 5% Equip 5s 1926-1939 (yr)__M&N b 4.85 Equip tr 5s 1928-38 (yr)__J&D b 4.85 Eq tr 4% s 1928-40 (yr) J&D b 4.80 Pacific Bruit Express equip 7s June 1 1926-1935 (yr)__J&D b 5.10 Aus & Nor 1st 5s g 1941--J&J 99% Central Pacific— 1st ref 4s g guar 1949--F&A 88% 1st g guar 4s Oct 1 1954-A&O 86% M 3 %s g gu Aug 1 1929-J&D 96% Guar g 5s I960--F & A 97% m European loan 4s '46-M&S Galveston Harrisb & San An— Mex>& P Div 1st 5s ’31 -M&N 100% 2d M 5s 1921 gu_____J&J 100% Houston East & West Texas— 1st 5s g M ay 1 1 9 3 3 -.-M&N 100 1st gu g 5s Mar 1933--M &N 100 Houston & Texas Central— 1st lien g 5s 1937_ - J&J _ 101% Waco & N W Div 6 s '30 M&N 101% Nor Cal Ry g 5s 1929_ J&D _ No Ry of Ca’ 5s g gu 1938-A&O 103% Oregon & Cal 1st 5s 1927--J&J 100% S A & Ar Pass g gu 4s’43--J&J 82% San Fran Term 1st 4s 1950 A&O 85% So Pacific Br 6s 1937____A&O Southern Pacific R R Cal— 1st con g 5s gu 1937— M&N 102% 1st ref g 4s 1955 op 1910-J&J 89 So Pac Coast 1st g 4s 1937-J&J 94% Texas & N O con 5s 1943--J&J 100% Dallas Div 1st g 4s ’30-F&A 92% Southern Railway—• 1st consol gold 5s 1994____J&J 103% Develop & gen M g 4s '56-A & 0 79% Develop & gen 6s 1956_ A&O 107% _ Develop & gen 6% s 1956-A&0 111% Eq tr 6s Jan 15 ’26-’35--J&J15 b 5.35 Eq tr 5s 1926-39 (s-a)-- M&S b 5.05 Eq 4% s N ov 15 1926--M &N15 b 4.50 Eq tr 4% s Apr’26-'39 (s-a) A&O b 4.90 E Tenn reorg lien 5s 1938.M&S 99% 1st Mem Div g 5s 1996_ J&J _ 101% St Louis Div 1st g 4s 1951-J&J 87% Aiken Br 1st g 4s 1998 - J&J 70 Atlanta & Charlotte Air Line— 1st M 4% s 1944 ser A ..J & J 96% 1st M 5s 1944 ser B ____J&J 102% Atl & Danville 1st 4s 1948-J&J 75 2d g 4s 1948 ...................J&J 64% Atl &’Yad 1st gu g 4s 1949-A&O 76% E T Va & Ga— Div g 5s '30 J&J 100% Consol 1st g 5s 1956_ M&N _ 101% GaSMid 1st g 3s 1946- - -A&O 65% L & N So joint g 4s— See L & N M ob & Birm pr lien 5s ’45-J&J 98% Small____ _____ ____________ 94 Gen M g 4s 1945...........-J&J 79% Small__ ________ ______ 76% M obile & O coll tr 4s '38-M &S 86% Rich & Dan deb 5s stpd '27 A&O 100% Richmond & Mechlenburg— 1st g 4s Nov 1 1948_ M&N _ 73 So Caro & Ga 1st 5 %s ’29 M&N 101% Va Mid series E 5s 1926--M&S 99% Series F 5s 1931_______ M&S 99% General 5s 1936- - - -M&N 100S A Va & Southwest 5s 2003--J&J 97% 1st con g 5s 1958______A&O 88% S & N Ala— See Louisv & Nashv South Pac Coast— See South Pac Spartan U & Col— See Ash & Spar Spokane Falls & Nor 6s ’39 -J&J Spok Internat 1st g 5s 1955-J&J 80 State L & Sulliv 4% s 1929-J&J 97 Staten Island Ry— See Balt & Ohio Stephenv N & S Tex— See St L S W Suff & Carolina— See N orf & So Sunbury Hazleton & W -B— 1st 5s M ay 1 1928-...........M&N 100 2d mtge inc 6s 1938 coup.M&N 100 Sunbury & Lew— See Penh RR Sup Sh Line— See C St P M & Om Tampa & Gulf Coast— 1st g 5s 1953______ ____A&O 89 Tampa & Jacksonville—• 1st M 5s 1949 ctf d e p _ A&O _ 15 Tampa North 1st 5s ’36 op.J& J 85 Term RR Assn (St Louis)— 1st gold 4% s 1939______ A&O 96% 1st consol gold 5s 1944_ F&A _ 100% Gen ref s f g 4s '53 op ’ lp.J& J 84% St L Br 1st g 7s 1929_____A&O 105 St L Mer Brdge T — 5s '30 A&O 99% Mer Brdge 6s '29 op '09 F&A 101 Terre Haute & Peo 5s 1942 M&S 98% Texas City Term 6s 1941.J&J26 70 Texas & New Orleans— See So Pac Texas & Okla— See M K & T Texas & Pac 1st 5s 2000___ J&D 102% 2d inc g 5s Dec 2000_____Mar / 90% Louisv Div 1st 5s 1931 -J&J 99% Eq tr 5s 1926-’39_______ M&N b 5.20 Denison & Pac Sub 1930-M&S 95 Weatherford Min W & North— 1st guar f 5s 1930_____F&A 96% Tex Pac-M o Pac Term R R — 1st M g 5% s 1964............M&S 98% Tol Can Sou & Det— See Mich Cen Tol & Ohio Cent 1st 5s 1935--J&J 99% West Div 1st 5s g 1935_ A&O 100 _ General gold 5s 1935_____J&D 97% St M ary’s Div 4s g 1951 -F&A 84 Eq tr 4% s 1926-27 (y r)..J & J b 4.75 Kana & Mich 1st 4s 1990 A&O 81% 2d mtge gold 5s 1927 ..J & J 100 Eq tr 6s 1926-35 (yr)_J&J15 b 5.40 Kanawha & W Va 5s 1955 J&J 90 Ask. 79% 86% 97% 100% 100% 4.89% 4.70% 4.70% 4.70% 4.90% 100% 89% 87% 97 97% 100% 100% 100% 102% 100% 83% 87 112 89% 104 80% 108 111% 5.10% 4.80% 4.25% 4.75% 102% 89% 98% 103% 78% 65% 76% 101% 66% 99 77% 87 75 102% 100 90 82% 91 87 85% 106 102 99% 80 102% 95 100% 5% 96% 99% 101% 100% 98% 85 4.50% 100% 5.15% 92 B onds an d Stocks. ol . 121. Bid. Toledo Peoria & Western— 1st gold 4s July 1 1917____J&J f 33 Toledo St Louis & Western— 86% 1st gold 4s Apr 1 1950____A&O 88% Tol Term 1st 4% s ’57 gu_ M&N _ Tol Walh Val & O— See Penn RR Toronto Hamilton & Buffalo— 86 1st gold 4s June 1 1946- -J&D 69 Ulster & Del cons 5s 1928 -J&D 1st ref gold 4s 1952______ A&O 39 Union Pacific— 91% 1st ry & land gr 4s g 1947--J&J 98% Conv 4s 1927. _________ J&J 85% 1st & ref 4s June 2008____M&S 1st & ref 5s June 2 2008--M&S 105% 10-year 6s July 1928_ .J&J _ 103 Eq tr 4% s 1928-38 (yr) _M&N b 4.80 Eq 4% s Mar 15 ’29-’39-M&S15 b 4.80 Equip tr 5s 1927-37 (yr)__M&S b 4.85 Equip tr 7s 1926-35 (yr) J&D b 5% Ore RR & Nav— See Ore-Wash Ore Short Line 1st 5s 1946 J&J 104 1st cons guar 5s 1946_ J&J 104 _ Ref g gu 4s ’29 opt ’0 7 --J&D 97 Utah & Northern— 1st 7s '08 ext at 4 % to ’33-J&J Consol gold 5s 1926____J&J 100 Union Terminal Co (Dallas)— 1st g 5s 1942 opt 1922____A&O 98% United N J RR & Canal Co— General gold 4s 1929 ____M&S 97% 91 % General gold 4s 1944_____M&S Gen 1st g 3% s Mar 1 ’51-M&S 81 Upper Coos— See Maine Central Utah & Northern— See Union Pac Utica Clin & Bing— See Del & H Vandalia R R — Cong 4s 1955 series A ____F&A 87% Series B 1957_________ M&N 87% Vera Cruz & Pacific R R — 1st gold 4% s 1934 op t_____J&J f July 1914 coupon o n _______ 1 _ 1st gold 4% s 1934 assenting_ ) Verdig Val Ind & West— See M oP Vermont Vail lst4 % s 1940--A&O 77 Vicksburg Shreveport & Pacific— Pr lien 6 s ’ 15 ext 5% ’40--M & N 100 Gen 5s May 1 1941......... M&N 98 Ref & impt"6s 1973 ser A .M & N 105% Virginia Midland— See 8outh Ry Va & Southwest— See South Ry Virginian Railway— 1st M gold 5s 1962 o p t.-.M & N 99% Eq6s AApr’26-Apr’30(s-a) A&O 5 5.30 Wabash— 1st gold 5s 1939--M&N 101% 2d gold 5s 1939__________ F&A 98% Deb mtge 6s series B 1939-J&J / 1st lien term gold 4s 1§54- .J&J 82% R ef & gen 5 %s 1975 A ___ M&S 98% 6% notes 1930__________ M&S 100 Eq' tr 6s 1926-35 (year)-.J&J15 6 5.50 Det & Chic ext 1st g 5s '41-J&J 100% Des M Div 1st g 4s 1939..J&J 82% K C Excelsior Spgs & N W— 1st 4s 1928 J&J 91% Toledo & Chic 4s g 1941--M&S 85% Omaha Div 1st 3% s g ’41-A & 0 76% Waco & N W— See Hous & Tex C Warren R R — See D L & W Wash & Colum Riv 4s 1935-.J&J 85 Washington Cent— See Nor Pac Wash Co Ry— See Maine Central 813% Wash Term Co— 3% s 1945_F&A 1st gold 4s 1945 guar____F&A 90% Washington & Vandemere— 1st 4% s 1947____________ F&A 93% Weath’d Min W & N— See Tex&P West Jersey & Sea Shore— 92% Consol gold 4s l936______ J&J Cons 3% s g series B 1936--J&J 88 West Maryland 4s 1952____A&O 66% 5% gold notes 1915 o p t_ J&J _ Balt & Harris g 5s 1936--M &N 99 1st M West Ext g 5s ’38 M&N 99 West N Y & Penna 5s 1937--J&J 100% Gen mtge gold 4s 1943_ A&O _ 82 Income g 5s Apr 1943_ N ov 1 f 40 _ Western Pacific R R Corp— 1st M 5s 1946 series A ____M&S 95% 1st M 6s 1946 series B ____M&S 102% 4% notes 1930__________ A&O 92 Eq tr 5% s 1925-38 (yr)__J&D b 5.35 Western Pa— 1st g 4s 1928--J&D 97% West R y o f Ala— 4% s 1918 3xt at 6% to Oct 1 1928 ___ A&O West Shore— See N YC & H R RR West Side Belt— See Pitts Term West Va & Pittsb— See B & O Wheeling & Lake Erie R R — 1st consol gold 4s 1949_ M&S _ 79% 78% R ef M 4% s series A 1966-M&S Eq tr 4s 1926-27 (year)_ A&O b 5.10 _ L Erie Div 1st g 5s 1926--A&O 100 Wheeling Div 1st g 5s ’28-J&J 99% Exten & impt g 5s 1930--F&A 97% 6% notes Jan 1933_______ ____ 97 Wheeling Term 4s 1940_____F&A 88 Wichita Falls & Northwestern—■ 1st 5s Jan 1939__________ J&J f 133 1st & ref g 5s 1940 op t____J&J / Wichita Union Terminal R y— _ 1st g gu 4% s 1941 o p t_ M&N 93 Wilkes-B & East— See N Y S & W Williamsport & N Branch R R —■ 1st ref gold 4% s 1931_____J&J / 70 Wilmar & S Falls— See St P M&M Wil & Newbern— See A tl Coast L Wil & Nor— See Phila & Reading Wil & Weldon— See Atl Coast L Winston-Salem Southbound— 1st gold guar 4s 1960_____ J&J 84% Winston-Salem Terminal Co— __ 1st M gold 5s 1966_______ A&O 80 Wis Cent Ry— 1st M g 4s '49-J&J 1st & ref 4s 1959________ A&O 73 5% % g notes Apr 15 ’27A&015 100% Marshfield & South East Div 80 pur mon 1st g 4s 1951..M &N 86% Sup & Dul Div 4s 1936_ M&N _ Minneap Term 3 % s’ 50 opt.J&J 76” WorNach&Roch— 4s Jan ’30 J&J 72 4s Oct 1 1934 .....................A&O Yosemite Vail s f g 5s 1936--J&J 69% R A ILR O A D STOCKS. Par. Ala Great Southern com _____50 d 83 Preferred - - _____________50 d 83 Alabama & Vicksburg . -.1 0 0 108 Albany & Susquehanna (guar) 100 205 & Basis. /T h is price includes accrued interest, k Last sale. I In L on d on , m Dollars per 500 francs or £ 20 . n N om inal, s Sale price. A sk. 35 86% 89% 87 73% 43 92% 99% 85% 106% 103% 4.65% 4.65% 4.70% 4.80% 97% 94% 99% ____ ____ ____ 26% ____ ---____ 106% 99% 5.05% 102 98% 83 98% 101 5.25% 94 77% 90 ____ 94% ____ ____ 67 ____ 101 83 95% 106% 93 5.10% 99 80% 80% 4.75% 100% ____ 100 90 ____ ____ ____ 85% __ 81 73% 101 82 86% — 72 86 86 207 D ec ., 1925.] RAILROAD STOCKS—LAND BANK BONDS AND STOCKS 35 N O T IC E .— All bond prices are "a n d interest” except where marked * f ” and Income and defaulted bonds. Stocks. Par. Bid. Ask. S tocks. Par. Bid. A sk. Bond3 and Stocks. Bid. A sk. JOINT STOCK LAND BA NK B ONDI K C Ft Scott & Memphis RyAgricultural— 5s '53 op '33-M&N 10034 102 Pref Cent Tr ctf dep stpd. .100 75 43 Atlanta— 5s 1952 op 1932.-J&D 10034 10134 103 95 K O St L & Chic— Pref (gu) - .100 66 5s 1955 opt 1935_________ M&S 10134 103 48 34 4834 12534 Kansas City Southern______ 100 Atlantic— 5s 1953 op 1933--M&S 10034 10234 61 63 Preferred.. - ________ 100 9534 5s 1952 opt 1932_________ M&S 10034 102 81 79 634 Lackawanna R R of N J____ 100 5s 1954 op 1934................... J&J 10134 103 83 Lehigh Valley______________ 50 d 8234 178 5s 1955 opt 1935________ J&D 102 10334 50 d ___ Preferred _________ __ Bankers— 5s '53 op '28___ J&J 100 10134 95 Little Miami original gu ar.. 50 d 92 5s M ay 1952 op 1932____M&N 10134 103 43 Spec guar betterment stk. 50 d 41 236 434s 1955 opt 1935_______ J&J 10034 10134 82 Lit Schuyl Nav RR & Coal (gu) 50 d 40 California— 5s 1951 op 1931.M&N 10034 10134 106 Louis & M o Riv pref (guar). .100 100 102 101 Central 1 1 5s '53 op '33_ J&D 1— _ 10234 Louisv Hend & St L com _ .100 175 _ 9134 10234 5s July 1 1953 op 1933--. J&J 101 85 Preferred_______ ________ 100 67 Central Iowa— 5s 1953 <p'33 A&O 101 10234 Louisville & Nashville______ 100 13434 135 50 101 ____ 5s M ay 1 1942 op 1927--M&N 100 50 d 780 9934 Mahoning Coal RR ____ 4]4s Nov 1 '52 op '32____M&N 100 10134 Pref (guar L S & M S ) ___ 50 d 50 Chicago Joint— 534 s '51 op '3 1 -. 10334 105 46 45 Maine Central______________ 100 159 5s 1951 of 1931................ M&N 10134 103 Preferred.. . ___________ 100 x 92 9834 4234 5s 1952 op 1932........... ...M & N 10134 103 750 Michigan Central_______ __ 100 650 102 5s 1963 op 1 9 3 3 .............M &N 10334 52 Minehill & Schuyl Hav (gu). . 50 d 51 101 4 H s 1952 op 1932............M&N Minneapolis & St Louis_____ 100 334 334 454s 1963 op 1933..........M&N 10134 Minneapolis S t P & S S M . . .100 4934 5034 101 434s 1952 op 1932.........M&N 100 _____________ 100 Preferred. 72 80 98 10034 4H s 1964 opt 1934______M&N 4% leased line c t f s . - ------- .10(1 62 6134 Oolo-Wyo 5s '53 op ’33___ A&O 22 10034 102 Mississippi Central_________ -100 2034 103 Mo-Kan-Tex RR c o m ..(n o par) d 42 4234 Columbus 5s 1955 opt 1935--J&J 102 100 Preferred_____________ 10234 8534 8534 Dallas— 5s 1953 op 1933.—M&S 101 1234 103 101 5s 1954 opt 1934_____________ Missouri Pacific com _ _ 100 38 3734 83 5s 1965 opt 1935..................J&J 10134 103 Preferred _ _______ 100 _ 99 84 34 84 34 534s 1951 op 1931_______ M&N 10234 10434 _ 73 75 7434 Mobile & Birm pref (guar)_ -100 Dayton-Agric 5s '54 op '34_ J&J 101 _ 102 3i M obile & Ohio— See Southern Ry 52 Dayton— 1952 opt 1932____J&D 10034 102 Morris & Essex (guar)_____ 50 d 7934 30 Denver— 5s 1954 opt 1934. - J&J 10134 10331 Nashv Chatt & St Louis -100 170 175 5s 1955 opt 1935--...........F&A 10134 103 36 40 14934 Nashv & Decatur (gu L & N) - 25'd 38 534 634 Des Moines— 5s '52 opt '32-M&N 1Q134 103 7834 National Rys o f Mex 1st pref.100 104 5s 1963 opt 1933............... M&N 102 Second p r e fe r r e d ..______ 100 234 234 7934 New London Northern_____ 100 128 132 First Carolinas— 5s'52op'32.M&N 10034 102 95 103 New Orleans Great North_ .100 _ 8 11 5s 1954 opt 1934............. A&O 101 43 New Orl Texas & M exico___ .100 128 5s 1955 opt 1935...............F&A 10134 103 43 13134 N Y Bkln & Man B pref (gu) .100 120 5s 1955 opt 1935_________ J&J 10134 103 125 48 _ .100 128 New York Central R R _ 300 12834 First of Chey— 5s'52 op’32 M&N 100 34 10134 Dividend payable in London, M131 First of Clev— 5s '53 op '33-M&N 10034 10234 133 11934 N Y Chic & St Louis com _ .100 172 _ First o f Minn— 5s '51 op '31 M&N 10034 102 175 Common ctfs of deposit_ -100 161 _ 5s 1952 opt 1927_______ M&N 100 12134 10034 6% preferred- - ________ 100 5s 1952 opt 1932............. M&N 10034 102 97 98 6% pref ctfs of deposit100 5s 1953 opt 1933............. M&N 101 97 9334 10234 734 N Y & Harlem com & pf (gu) - 50 d 160 170 First of Montgomery 5s '54 op '34 10034 10234 10 _ First New Orl 5s '44 op '34 M&N 10034 102 1334 N Y Lack & West (guar)_ -100 101 _ N Y New Haven & Hartf_ .100 4034 4034 First Texas— 5s '42 opt '32.M&N 10034 102 5s 1943 opt 1933........... -M&N N Y Ontario & Western____ 100 28 2734 187 10034 10234 Norfolk Southern__________ 100 5s 1965 opt 1935_________ M&S 10134 103 39 41 36 Norfolk & Western R y ____ 100 145 45 14534 Fletcher 4 ^ s 1954 opt 1934M&N 10034 10134 82 Adjustment preferred____ 100 434s 1955 opt 1935______M&N 80 1034 10034 102 Fremont— 5s 1953 opt '33-J&D 101 102 145 2434 No Carolina (guar So R R ) - -100 140 Northern Cent (guar Pa R R ) - 50 d 7934 5s 1952 opt 1932_______ M&N 10034 10134 89 North’n N H (guar B & M ). -100 67 4 34s 1965 opt 1935______ J&D 8934 10034 10134 73 1034 Northern Pacific Ry . . . . 100 7334 Greensboro(NO)5s’53 op '33 A&O 10034 10234 North RR o f N J (guar Erie) -100 64 66 Greenbrier 5s 1964 opt 1934.A&0 10134 103 34 10 Northern Securities Co stubs d 117 120 5s 1965 opt 1935__________ J&J 102 20 10334 North Pennsylv (gu P & R ) . . 50 d 80 102 20 8134 Ill-Midwest— 5s '53 op '33-A&O 101 5s 1954 opt 1934_______ J&D 10234 104 85 7234 Ogden Mine RIi(gu Cen N J) .100 d 83 Old Colony (gu N Y N H & H ). -100 11034 5s 1955 opt 1935_________ M&N 102 120 10334 Kansas City— 5s '52 op '32.M &N 101 121 102 4634 Ontario & Quebec. _ - _____ .100 Id 118 Oswego & Syrac (gu D L & W) 50 d 88 90 5s 1953 opt 1923_______ M&N 10134 10234 99 50 d 5134 52 5s 1954 opt 1934_________ F&A 10134 103 8634 Pennsylvania R R __________ Peoria & Bureau Val (guar). -100 114 5s 1964 opt 1934_______ M&N 102 117 50 103 47 -100 17 19 5s 1964 opt 1934________ M&N 50 102 103 Pere Marquette R y com ____ 100 Preferred — — - - -100 102 83 434s 1965 opt 1935______A&O 10034 102 105 8134 Common ctfs of deposit---- -100 Pref Cent Tr Co rets_____ 79 Kentucky— 5s '52 opt '32_ M&N _ 102 105 10234 10334 100 5s 1943 opt 1928_________ F&A 100 Cine Indianap & Western_ -KM) _ Preferred _ _______ 76 101 7634 834 1034 Preferred ctfs o f deposit.. .100 73 ____ - - - 100 Preferred _ 5s 1954 opt 1934............J & J 103 104 1834 2034 Prior p r e fe r r e d ..___ __ 100 Cine New Orl & Texas Pacific .100 700 Liberty Cent— 5s '52 op '32.M&N 10134 10234 84 86 100 101 Prior pref ctfs of deposit. . -100 5s 1953 opt 1933_________M&N 10134 10234 Preferred___ - ____ - — 83 Phila Germ & Norris (guar). - 50 d 122 Cine Sandusky & Cleve pref. - 50 d 61 Lincoln— 5s 1951 opt 1931. M&N 10134 10234 124 63 Oleve Cine Chicago & St L . _-lot) 174 Phila & Trenton (gu Pa RR) -100 205 5s 1943 opt 1928_______ M&N 10034 10034 200 100 120 100 Preferred . . _____- — 5s 1942 opt 1927............M&N Piedmont & Northern __ 45 50 130 10034 Pittsburgh Bess & Lake Erie. - 50 d 2934 Oleve & Pitts (guar Pa R R ). - 50 d 70 34 434s 1965 opt 1935_______ J&J 10034 10134 3034 Betterm’t stk (guar Pa R R ) 50 d 39 50 d 5934 P re fe rred _______ ____ __ 6034 Louisville— 5s 1952 opt 1932M&N 10134 10334 Pitts Cine Chic & St Louis. _.100 Colorado & Southern_______ 100 85 New York 5s 1953 opt 1933. J&J 10134 103 60 61 1st preferred ___________ 100 5s 1955 opt 1935_________ J&J 10234 103 64 6534 Pitts Ft W & Chic com (gu). -100 131 Preferred (guar Penn R R ). -100 14334 2d p referred ______ ____ 100 N Y & N J 5s 1953 opt '3 3 .-J&D 10134 10334 65 61 Pittsburgh & Lake Erie. 50 d 151 Columbus & Xenia (guar)_ - 50 d 93 _ 5s 1954 opt 1934________ M&N 10134 10334 155 95 Pittsb M cK & Yough (guar). . 50 d 52 Cripple Creek Central______ -100 5s 1955 opt 1935________ J&D 102 54 3 5 104 Pittsb & West Va com m on.. .100 117 Preferred _______________ 21 18 11734 N Y & Pa— 5s '53 opt '3 3 ---J&J 10134 103 Pitts Youngst & Asht p re f.. .100 140 Cuba RR preferred-------------- 100 No Caro— 5s '53 opt '33____M&S 10134 10234 142 80 Prov & Worcester (guar)____ -100 145 Dayton & Mich com (guar) — - 50 d 35 I 5s 1952 opt 1932............ M&N 101 37 10234 Preferred (guar C H & D ). . 50 d 81 Railroad Securities Co—■ 5s 1955 opt 1935_______ F&A 102 83 103 Delaware & Bound Br (guar) -100 158 4% 111 Cent stk ctf 1952--- 1000 160 70 102 7134 Ohio— 5s 1953 opt 1933.— M&N 100 100 144 Reading Company_________ - 50 d 8634 Delaware & Hudson______ 145 8634 Ohio-Penna 5s 1954 opt 1934-J&J 10234 10334 Rights (expire Dec 31) Delaware Lack & W estern.. - 50 d 13734 138 d 18 1834 Ore-Wash— 5s '52 opt '3 2 .-M &N 10034 102 1st preferred____________ . 50 d 3934 Delaware ___________ ____ 25 d 38 34 40 Pacific Coast Jt Stk Land Bk— 40 50 d 40 2d preferred- _______ __ Denv & Rio Gr W pref______ 10(1 Portland, Ore— 5s’53op’33 J&J 101 43 3 4 45 4034 10234 Detroit Hills & S W (guar) — .100 5s 1954 opt 1934.........M&N 78 123 101 103 7934 Rensselaer & Saratoga (guar) .100 121 Rich Fred & Potom— C o m .. .100 277 Detroit & Mackinac________ 100 5s 1955 opt 1935______ M&N 40 101 103 100 Dividend obligations------- mo 277 Los Angeles— 5s ‘53 op '33 J&J 101 Preferred________________ 60 10234 Duluth South Shore & A tl_ -100 _ 6% guaranteed__________ mo 277 San Fran— 5s '53 opt '33_ J&J _ 101 234 334 10234 Preferred ________ ____ 100 7% g u a ra n teed------------- mu 277 6 Salt Lake C— 5s '53 op '3 3 .J&J 101 534 10234 Roch & Genesee Val R R ____ . 100 East Penna (guar P & R ). . - . 50 d 60 99 61 101 Pennsylvania 1955 opt 1935-F&A 10134 103 Rome & Clinton (gu D & H ). -100 Elmira & W ’rnsport (guar) — - 50 d 40 95 Potomac 5s 1954 opt 1934--J&D 10034 10234 100 Rutland preferred__________ .10(1 Preferred (guar Nor Cent) 50 d 54 56 45 51 St Louis— 5s 1953 opt '3 3 --J&D 10134 103 114 5s 1952 opt 1932_______ M&N 10134 10234 Erie— Comm on. ____ — 100 37 34 3734 St Louis Bridge 1st pref _ __ 100 112 mu Common ctfs o f deposit— -100 2d preferred___ 55 57 5s 1943 opt 1928............. J&D 100 10034 36 34 St Louis-San Francisco R y .. .100 1st preferred. — ------ 100 5s 1955 opt 1935_________ N&S 102 34 10334 4234 43 9834 9834 Pref stock series A ______ 100 1st pref ctfs o f deposit____ 100 8634 4134 8734 San Antonio 5s 1939 op '24.M & N 9934 10034 St Louis Southwestern______ mo 2d p r e fe r r e d ..------ --------- 100 41 57 5s 1953 opt 1933............M & N 4034 5634 100 10234 _ 39 3 4 74 2d pref ctf o f d e p o s it____ 100 P re fe rred ---------------------- mo 5s 1953 opt 1933............. M&N 100 7434 10234 Erie & Kalamazoo (guar)------ 50 d 77 Saratoga & Schenectady (gu) .100 98 80 100 5s 1954 opt 19 34-............M&N 10034 10134 Erie & Pitts (guar Pa R R )_ - 50 d _ Seaboard Air Line com m on.. -100 52 San Fran 5s 1954 opt 1934______ 63 101 5134 10234 100 10 Fonda Johns & Glov com _ -100 _ 49 14 Preferred________ _______ 4934 Shenandoah Val 5s '45 op '35 J&D 10134 10334 100 ______ Preferred . 63 Sharon_____________________ 50 d 42 68 45 Sioux City— 534s '51 op '31 M&N 103 10434 Ft Dodge Des M & So c o m .. .100 22 Southern Pacific C o________ 100 18 9834 9934 South Minn— 5s '53 op '33-M&N 10134 10234 100 100 11534 11534 Preferred___ ___________ 75 Southern R y common______ 70 5s 1952 opt 1932............. M&N 101 102)4 Ft Wayne & Jack pref (guar) .100 105 Preferred____ __ - ______ 100 5s 1964 opt 1934....................... 10734 9134 101 9134 10234 Georgia RR & Bank Co (gu) _.100 206 M ob & Ohio stk tr ctfs — -100 75 7634 Union (Detroit) 5s 1955 opt 1935 10234 104 190 Southwestern of Ga (guar)._ .100 101 Georgia Southern & Florida . -100 434s 1965 opt 1935___________ 102 101 _________ 100 53 1st preferred. Union (Kentucky & Tennessee)— 9734 Texas & Pacific____________ 100 5234 2d preferred_______ ____ 100 160 180 Troy & Gr’bush (gu N Y C ) . . 50 d 56 . 61 5s 1952 opt 1932_______ M&N 103 104 Great Northern Ry— Pref_ -100 _ 7634 7634 Tunnel R R of St Louis_____ mo 11234 11434 Virginia-Caro 5s '54 opt '34-F&A 10134 10334 Ore certificates______ (no par) d 27 34 2734 Union Pacific— Common____ 100 14834 148 34 Virginian— 5s '53 opt '3 3 .-M&N 10034 102 100 10(1 Green Bay & Western______ 79 82 Preferred. . . . __________ 74 75 5s Nov 1 1951 opt 1931—M&N 10034 10134 32 34 United N J RR & Canal (gu) .10(1 203 Gulf M obile & North com _ -100 _ 33 205 Wichita— 5s 1953 opt 1933. F&A 101 10234 Utica Chen & Susq Val (gu) .100 118 _ __________ 10(1 10334 104 Preferred_ 120 5s 1952 opt 1932 ________ J&D 101 10234 _ 21 Utica Clinton & Binghamton .100 42 Hartford & Conn Western_ .10(1 23 39 STOCKS Par Valley RR ( N Y ) (guar)___ mo Hocking Valley— Common—-100 133 138 99 101 Atlantic 8 % ___________________ 133 137 11 0 Certificates o f deposit Vermont & Mass (g u a r )_ _ mu 96 Bankers of Milwaukee______ 100 172 174 Hudson & Manhattan______ 10(1 94 34 3 4 Chicago 10% ...... 100 179 3434 Vicksb Shrevep & Pac c o m .. .100 8734 187 Preferred __ ________ 10(1 Preferred - ______________ mo 89 68 Dallas 10% _________ 100 173 6834 179 (1 Virginian Railway_________ mo 99 Huntingd & Broad Top v t c . - 5 d 102 Denver 8 % ____________________ 140 143 Wabash Railway___________ mo 5 d (1 Preferred v t c ___________ 3834 3934 Des Moines 9 % ______________ 100 152 157 Preferred A __________ __ mo Illinois Central_____ ____ 10(1 117 34 117 34 7034 7034 Equitable Macon M o 6 % _______ 115 120 Preferred B __________ __ mo 55 65 Non-cumul 6% pref Ser A . .10(1 117 First Carolinas 8 % ______________ 134 11734 137 Warren N J (guar D L & W) -.50 d 69 Leased lines (guar)_______ -10U 70 80 Freemont 9 % __________________ 7634 148 154 Western Maryland R y com . .100 Stk tr ctfs— See RR Securs C o. 17 Kansas City 10% ____________100 17834 185 1634 Int & Great North Ry v t c . . .100 1st preferred____________ 100 68 73 Lincoln 9 % _________________ 100 157 162 (1 2d preferred___ _________ 1 (1 Internal Rys (Cent Am) com .100 28 24 27 34 New York & N . J ___________100 110 2334 120 _ Preferred _____________ 100 61 34 34 6334 Western Pacific R R Corp_ -100 3434 North Carolina 4 % ______________ 125 130 Iowa Central____ - ____ 100 3 Preferred________________ .100 79 134 7834 Oregon-Washington 6 % ________ 117 124 Joliet & Chic (guar C & A ) . . -100 128 West Jersey & Sea Sh— Com -.5 0 a 43 133 44 San Antonio 8 % ________________ 134 138 Wheeling & Lake Erie R y _ .100 _ Kal Allegan & Gr Rap (gu) —-100 104 107 3034 172 3034 166 Preferred ______ _____ .100 52 5134 Virginia 10% __________________ 5 d 834 9 34 b Basis, d Price per share, not per cent. / Flat price, it Lastlsale. I In London, n Nominal. s Sale price. ( New stock, u Ex-stock dividend. x Ex-dividend. 1 Ex-rights. / Allegheny & West (guar)____ 100 10134 Ann Arbor common________ 100 40 P r e fe r r e d _ _ - ______ 100 64 34 Atch Top & Santa Fe______ 100 125 Preferred _______________ 9534 Atlanta Birm & Atlantic____ 100 634 Allan & Char Air L (guar)_ .100 176 _ 100 165 Atlanta & West Point- — Atlantic Coast L Co of Conn - 50 d 230 Atlantic Coast L R B com — -100 d 235 Atlantic 1st leased lines rent tr_ la 79 _ Augusta & Savannah (guar). -100 98 Balt & Ohio— C o m m o n ___ 100 9134 - _____ .100 Preferred____ 6634 Bangor Aroostook common— - 50 d 49 100 Preferred - - __________ 97 Beech Creek (guar N Y C )_ - 50 d 3834 _ Boston & Alb (guar N Y C )_ .100 X 158 Boston & M aine___________ 100 42 34 Preferred________________ 100 3934 1st preferred A ________ __ 100 5234 1st preferred B _________ 100 74 1st preferred O __________ 100 66 1st preferred D __________ 100 9634 1st pref E . . _ . 100 25 Bost & Prov (guar Old Col) - . .100 177 Boston Rev Beach & L y n n .. -100 Brunswick Ter & Ry Sec C o . .100 1134 Buffalo Rcch & Pittsburgh.. .100 80 Preferred________________ 100 95 Buff & Susq R R Corp_______ .100 Preferred________________ 100 4834 Camden & Burl Co (guar)_ - 25 d 29 _ Canada Southern__________ 100 57 Canadian Pacific___________ 100 14834 Preferred ______ _________ -100 Ic 7634 OaroClinchfield &Ohio com3% 100 78 Common 5 % . _________ .100 94 Catawissa RR— 1st pref (guar) 50 d 42 2d pref (guar P & R ) ______ 50 d 42 Cayuga & Susq (gu D L & W) - 30 d 46 Central o f New Jersey_____ 100 290 Chesapeake & Ohio common. -100 11934 Common ctfs o f deposit— -100 11634 634 % cum pref Ser A _____ 100 120 34 634 % pref ctfs o f deposit-- -100 13734 Chicago & Alton R R . _ ------ .100 734 Certificates o f deposit____ 2 Preferred______ _________ -100 1334 Certificates o f deposit. . Chicago Burl & Quincy_____ 100 183 Chic & East Illinois common -100 34 Preferred------------------------ 100 44 Chicago Great West com ____ 100 1034 Preferred — - _______ __ 100 2434 Chic Ind & Louisv comm on. . -100 85 Preferred__________ _____ 100 64 Chicago Milw & St Paul com -100 1034 Common ctfs of deposit_ -100 _ 934 100 Preferred-----------1934 Preferred ctfs o f deposit - . -100 1934 Chicago & North Western. . -100 72 Preferred____- --------------- 100 118 Chic R I & Pacific com m on.. -100 4634 7% preferred____________ 100 97 34 6% preferred ---------------- 100 8534 Chicago St Paul Minn & O .. -100 47 36 PUBLIC UTILITIES (Includes street and electric railways, gas, electric, power, water and telegraph and telephone companies.) NOTICE.—All bond prices are "and interest' except where marked " f” and income and defaulted bonds. B onds. Bid. Adirondack Elec Power Corp 1st M gold 5s 1962 o p t - . J&J 100 Adirondack P & L 1st 6s ’ 50 M&S 104 54 Deb 5s 1930______ - J&J 96 Conv deb 6s 1929_______ A&O 102 Alabama Power 1st 5s 1946-M&S 99 1st M 1 & ref 6s 1951____J&D 10444 96 1st & ref 5s 1951 .J& D Alabama Tr L & P 1st 5s '62 M&S 10744 Alabama Water 1st 6s 1932.J&J 97 1st ref 6s 1947_______ -J&J 9444 Albany Ry— See United Trac. Alleg Bellev & P— See Phila Co Alt 5 & St L Tr— See E St L & S ub Altoona & Logan Val Elec R y— 80 99 American Gas deb 6s 2016 J&J Conv g 7s Jan 15 1928..J&J15 120 10-year 7s 1934 . . . _ . J&J 104 93 Am Gas & El coll 5s 2007. P&A Deb gold 6s 2 0 1 4 _ _ .M&N 9744 Am Pow & L deb 6s 2016 _ M&S 9444 Amer Pub Serv 6s 1942 _ J&D _ 99 Amer Rys coll tr 5s 1931____F&A 9644 Amer Telep & Teleg 4s 1929 J&J 9744 Conv g 4s ’36 conv aft ’09.M&S 9244 Conv 444s ’33 op aft ’2 5 .-M&S 9744 101 Deb s f 5s 1960.................-J&J 9744 Deb 544s N ov 1 1943 M&N 10344 Amer W V & El 5s 1934 _ A&O V 9544 Deb g 6s 1975 Ser A . . . M&N Americus Ltg 1st s f 6s ’37 A&O 90 Ana & Pot R R R — See W Ry&El Appalachian Power 5s 1941 J&D 9844 Y % gold bonds Aug 1 ’36-F&A 105 94 Deb gold 6s 2024 _ _ _.J&J Arizona Pow 6s ’33 opt ’ 13-M&N 100 1st 1 & unif 6s 1947 ser A M&N 9544 Arkansas L & P 1st 6s '45 A&O 103 1st lien & ref 6s 1954_____M&S 9844 Ardmore St R y— See Phila Co Asheville (N C) Pow & Light— 1st s f g 5s 1942 o p t. - . A&O 99 Ashland (Wis) L & Pow St Ry 1st M gold 5s 1939_______ J&J 9344 Ashtnbula Water Supply Co 1st 5s 1937_____________ J&D 9444 Associated Gas & Elec Co— Sec g 6 44s conv ser 1954-.J&J 100 94 Sec g 6s 1955 ____ J&J Deb 6 44s ser A perpetual. Q-J 97 90 Deb 6 14a ser B perpetual Q-J Deb 614 s ser C perpetual Q-J 95 Atchison R y, Light & Power— 92 1st 5s N ov 1935___ - -M &N Athens (Ga) R y & Electric— 1st & ref s f g 5s '50 opt T5 J&J 8444 Athens Elec R y 6s 1931.-A&O 99 Atl Cons St R R — See Ga Ry & El 99 Atlanta Nor Ry—-See Ga Ry & El Atlantic Ave R R — See Bkn R T Atlantic City El 5s 1938. -M&S 9944 1st & ref 514s 1954_____M&N 9944 Atlantic City (N J) Gas— 1st g 5s Jan 1 '60 opt ’20 -J&J 9144 Auburn & Syracuse Elec R R — 21 1st & ref g" 5s ’42 opt '12 .A&O Augusta-Aiken R y & El Corp— Sink fd g 5s Dec 1 '35 opt J&D / 85 92 Augusta Ry & El 5s ’4 0 .-J&D Aurora Elgin & Chicago RR— A E & C Ry 1st g 5s ’41 - A&O 15 9844 Balt & Ann S L— See M d El Ry Balt Elec 1st g 5s 1947 gu_ J&D 10144 B Sp Pt & Ches— See Un Ry & El Balt Traction— See Un Ry & El 97 Bangor (Me) Pow 5s 1931 M&S 94 Bangor Ry & El 1st 5s '35 -J&J Bar Harbor & Un River Pr Co— 92 1st & ref g 5s 1935_______ M&S Bay Counties Pow 5s 1930 -M &S nl08 98 Beaumont G L 6s 1944-- - J&D 45 Beaver Val Tr gen g 5s ’ 53-M &N Bell Telephone o f Canada— 99 1st g 5s 1955 ser A _____M&S Bell Telep Co o f Pennsylvania— 1st & ref 5s 1948 ser B .J&J 101 1st & ref 5s 1960 Ser C . _A&O 10044 Beloit Water, Gas & Elec Co— 1st g 5s 1937 - . . . . M&S 9744 Binghamton ( N Y ) L H & P— 1st ref 5s Feb 1946..........A&O 9844 Binghamt’n R y 5s '31 op ’ l l M&N 30 Birmingham Elec Co— 1st & ref 6s 1954 . . ..A & O 102 Sirm Knox & Ati— See Phila Co Birmingham R y Light & Power— Gen ref g 444 s ’54 op '09. A&O 8744 Birmingham Water Works Co— 1st M 544s 1954 ser A . A&O 10244 Slacks tone Val G & E 5s ’39. J&J 9944 5% gold notes 1926-- ..M & N 9944 fUeecker St&FulFy— See N YR ys Bloom Dec & Champaign— 1st & ref 5s 1940............... M&N Bloomington & Normal R y & L— let & gen m 5s 1 9 2 8 - _ J&J _ B1 & N R y E l & H 5s '2 7 ..J& D Blue Lakes ~Wat 1st 6s '38- M&S 88 Boston Elev Ry 4s 1 9 3 5 ...M&N Deb g 444s Oct 1 1937. . -A&O 9044 Deb g 444s N ov 1941____M&N 8844 9344 Deb g 5s Dec 1942____ J&D West End St 5s 1932.. .M & N 9644 95 6s May 1936_________ M&N 5s March 1944______ M&S 9344 111 7s Sept 1947. - ______ M&S 95 444s July 1 1930.......... .J&J 9044 4s Aug 1 1932_________ F&A 6 k s Feb 1927_______ F&A 10044 23 Bob & Wore St Ry 444s ’2 3 . . F&A Brevard Co (M d) Power— 97 1st s f 6s 1943............. ..J & J 90 Bridgeport Gas Lt 4s 1952..J&J /T h is price includes accrued interest, B onds. A sk. 10044 10544 98 103 9944 10544 9644 10844 100 9744 81 105 95 98 95 100 9744 9344 9844 io i h 9744 10344 96 9444 95 99 107 95 10144 9644 105 99 97 102 95 99 93 100 94 86 10044 10044 10044 92 23 89 95 102 99 96 94 55 9944 10144 100 X 9844 99 40 103 8844 10044 10044 25 100 93 k Bid. Ask. B onds. Bid. A s* . Bridgeport Hydraulic Co— Chicago City R y 1st 5s ’2 7 .-F&A 77 77 H 1st M 5s 1944. . -J&D 105 Chic North Shore & Milw R R — 106 Bway & 7th Ave R R— See N Y Rys 1st mtge gold 5s 1936_____J&J 9544 9444 Bway Surface R R — See N Y Rys 1st & ref 6s 1955 ser A _ J&J 100 99 Bronx G & E 5s '60 op aft '2 0 -J&J Chicago & Oak Park Elec Ry— Brooklyn Borough Gas Co— Lake St El 1st 5s 1928 gu.-J&J 9344 9444 1st M 5s Mar 6 1938_____M&S 99 Chicago Railways Co— Gen & ref M 6s 1963 ___ A&O 79 1st M gold 5s 1927 opt.F& A 106 108 7844 Bklyn City & New R R — See C I & Bk RR Cons M 5s ser A Feb ’27 -A&O 55 6344 Bklyn City R R 1st 5s 1941--J&J 37 Series B Feb 1927 ____J&D 3844 9344 9344 Eq tr 5s ’26-’35 ser A J&J 15 6 Pur mon 4-5s Feb ’27 opt J&J 38 39 Brooklyn Edison Co— Adj inc 4s Feb 1927 op t_ M ay _ 20 1844 102 44 10244 Chicago Rapid Transit Co— Gen M 5s ser A 1949_____J&J 94 Gen M 6s ser B 1930____J&J 10444 105 9544 1st & ref 6 44s 1944 ______ J&J Bklyn-Manhattan Transit Corp 1st & ref 6s 1953______________ 83 85 9044 90 44 Brooklyn Rap Tran 5s '4 5 --A&O f 95 Chic Sou Bend & Nor Ind R R — Equit Trust ctfs of deposit. . f 9844 1st gold 5s Jan 1 1937_ J&J _ 43 38 1st ref gold 4s 2002_______ J&J ) 8844 Chippewa Power 6s 1947 . J&D 100 3-year 7% notes 1921.. __J&J f 125 Chris & 10th Sts R R — SeeN Y Rys Cent Un Tr temp ctfs dep _ / 125 Cicero Gas— See Northw G L & Co Temp ctfs dep stamped_ J 118 _ Cincinnati Gas & Electric— Bklyn Hts 1st 5s 1941___ A&O J 90 1st & ref 5s 1956 ser A . .A&O 102 10244 Brooklyn Queens Co & Sub— P rl & refM 544s Jan’61 B.A&O 10344 104 1st M g 5s 1941 (stpd)._J&J 77 % 79 Cin Newport & Cov L & T — 101 1st con 5s July ’41(itp)M &N 6454 1st ref 6s 1947 series A ____J&J 100 6444 ___ ____ Bklyn Un Elev 5s 1950_ F&A _ So Cov & Cine 6s 1932- ..J & J 88 44 8944 90 Cincin St Ry 6% notes ’28 M&N 9944 10044 8944 Kings Co El 1st 4s 1949..F&A Cities Service Co— 78 7544 Stamped guaranteed. 76 Conv g deb 7s ’66 ser B . .J&J 177 7744 84 Series O ____________________ 12644 Nassau Elec 1st 5s 1944 A&O 87 Series D _____ ______ 5844 5944 10144 Series E . _______ 96 Atlantic Av con 5s g '31. A&O 94 111 89 Bklyn Bath & WE5s '33A&0 R ef deb 6s Jan 1966 . . . M&N 9044 9044 Bklyn Un Gas 1st cons 5s g ’45 M&N 10044 10144 Cities Service Power & Light— __ 2d s f 6s 1944 series A . . M&N 1st lien & ref 6s '47 ser A.M&N 108 9444 9444 Citizens Gas (Indianapolis)— Conv deb 7s 1932_______ M&N 13544 1st & ref gold 5s 1942 ..J & J 97 Brownsville Ave— See Phila Co 96 ____ Citizens L H & P (Johnst’n, Pa) Buffalo City Gas g 5s 1947.A&0 / ___ _ Buff Gen Elec 1st 5s 1939--F&A 10044 102 1st g 5s 1934 opt 1914_ M&N 1st ref 5s April 1 1939___ J&J 10044 102 Citizens Ry & Lt— See Muscatine Lt & T rac Citizesn St Ry— See Ind Tr & Ter Buff Niagara & East Pow Corp— 100 Citizens Tract— See Phila Co Conv deb 5s 1930 _M&S 99 100 Buff & Niag Falls El L & Power— City Elec San Fran 5s 1937 J&J 99 99 101 City & Sub Ry— See Port(Ore)Rv 1st gold 5s 1942 . . ..F & A City & Sub Ry— See Wash Ry & E"l Buffaly Ry— See Internat R y—Burlington'(Vt) G L 5s 1955.J&J 9244 9444 City Water (Chattanooga)— 1st 544s 1054 series A ____J&D 10044 103 Burlington (la) Ry & Light— 94 Clarion River Power Co— 95 1st s f gold 5s 1932 op t. M&S 105 Butte El&P 1st s f 5s '26-’51 J&D 1st M gold 644s 1947_____J&J 103 9944 Clev El 1 1 1st 5s ’39 op ’24 A&O 10144 102 1 California Electric Generating— Gold deb 7s 1941. _ F&A 110 1st 8 f g ,5 s’48 op a f t '12 -M&S 9944 111 California “ Gas & Elec Corp— Gen M 5s 1954 series A . M&N 10044 10144 Cleve Pains & East Con 5s 1918— Sink fund g 5s 1933 opt M&S n 100 25 Unif & nef g 5s '37 op s f .M &N 10044 10044 Ext at 6% to 1933.. . . A&O fn 10 ___ Cleve Ry 1st 5s 1931 o p t .. M&S 98 Cal Cent Gas & El 5s '31-F&A Cleve Southw Ry & Light— California-Oregon Power— ____ ____ Gen & con 5s 1954. . ..M & S / -----1st & ref 744s ser A 1941 F&A 110 Cleve Berea & Ob 6s ’54 M&S 59 61 1st & ref 6s 4942 ser B__ .J&J 102 44 ____ 99 100 Cleve & Elyria 6s ’54 .M&S 1st & ref 5 44s 1955 seriesC F&A Cleve Elyria & W 6s 1954 _ Elyria & Oberlin 6s 1954______ Cal Pac Ry— See Pacific Elec Ry Clinton (111) G & E 6s 1937..J&D Calumet Gas & Elec Co— 92 44 1st & ref 544s 1960 ser B -.J & J 9644 9744 Coast Cos L&P 1st 5s’46 op.F& A 9544 Colorado Power 1st 5s ’5 3 .-M &N Calumet & South Chicago Ry— 96 72 Columbia G & E 1st 5s ’27. J&J 100 44 100 44 1st M rehab g 5s '27 op '12F&A 74 Stamped. _ ________ _ Camden & Sub Ry— See P S Corp 100 44 10044 43 Debenture 5s 1927______ J&J Canadian L & P 5s ’49 op '14 J&J / 4244 9944 10044 5% gold notes 1928____.M&N Canal & C laibR R — SeeNO Ry & L 100 10044 90 93 Columbia (S C) Ry, Gas & El Co Canton-Akron Con Ry 5s '33 J&J ___ 99 1st M s f g 5s 1936. .J&J Canton Elec Co 5s 1937. ..M & N 92 9444 80 83 Col Buck L&N— See Col Ne&Zan Cape Breton Elec Co 5s ’32. J&J Columbus Dela & Marion Elec Co Capital Traction (Wash, D C )— 1st & ref 5s June 1937 ______ 9944 85 87 98 44 67 1st & ref 6s (stamped) 1937 70 97 Carbondale Ry 5s N ov ’33 .J&J 95 101 Conv deb 6s 1935 ser A A&O Carolina Pow & Lt 5s 1938.F&A 100 95 97 Columbus (Gal Elec & Power— 105 106 1st & ref 6s 1953 _____J&D 1st & ref 6s 1947 ser A ____J&D Catskill Power Corp— 103 105 1st & ref 5s 1954 ser B ..M & N 98 94 96 1st 544s 1955 Ser A ___ M&N 9644 99 Cedar Rap Mfg & P 5s '5 3 .-J&J 9954 Columbus(0)Gas 1st 5s g’32.J&J 994ss 9944 Columbus (O) Interurban Ter Co Central Ark Ry & Light Corp— 1st guar 5s 1935 ..J & D 1st lien s f 5s 1928- . . . M&S 80 86 9944 100 Col Lon & Spr Ry— See Ind C & E Central Calif Trac 5s 1936 -A&O Certificates. __ Columbus Newark & Zanesville— 1st gold 5s 1924-. M&S f ____ Cent Crosst'n R R — See N Y Rys Cent Dist Telep 1st 5s '43 J&’D 10044 102 54 Gen & ref gold 5s 1926. . .M&N / ____ Col Buck Lake & New Trac Cent Ga Pow— See Ga L P & Rys 99 97 1st gold 5s 1921______ M&N f ICent Hud G & E 5s 1941. J&D 115 Zanesv R, L & P 5s M ar’21A&0 1 Conv deb 7s 1935________ J&J 114 99 ICent Illinois Lt 1st 5s 1943 A&O 9944 Colum & 9th Av R R — See N Y Rvs 105 ' 1st 6s 1943-- ___ A&O 9944 101 10544 Columbus (Ga) Pow 5s ’36. A&O Columbus Ry, Pow & Light— Central Illinois Public Service— 90 91 1st ref & ext s f 5s 1940" A&O 1st & ref gold 5s 1952. . -F&A 9644 9744 R ef mtge gold 6s 1941.. .J&D 104 1st & ref 6s 1944 series C .J&J 105 9944 10044 Col R y 1st 4s ’39 opt ’ 14 O-J 80 81 1st & ref 544s 1950 Ser D . . J&D 96 44 9744 Col St Ry 1st 5s g 1932 - J&J 95 Cent Indiana Gas 5s 1931--M&S 98 44 93 9944 Cross St 1st 5s g 1933 J&D Central Indiana Power Co— 93 95 Q-J 1st & ref 6s 1947 ser A J&J 98 44 9854 Com ’cial Cable— 4s g 2397 7244 7344 101 Commonwealth-Edison Co— 7% notes 1927 _ ___ M&S 100 1st g 5s June 1 1943 ____M&S 10244 10244 Central Iowa Power & Light— 1st g 6s June 1 1943.. ..M & S 110 _ 1st M 6s 1944 ser A _ M&N 9944 10044 11054 ____ ___ 1st M 5s 1953 ________ J&J Conv M 7s 1934 ser A _ . M&N 100 100 44 101 1st M col 5s 1954 ser B ...J & D 99 Cent Maine Pow 5s ’39 op ’ 19 M&N 100 10044 1st & gen M 7s 1941_____J&D 10644 10744 Com’wealth El 5s June ’4 3 .M&S 10144 102 44 _ Com’w’th L & P 6s 1947_ M&N 102 1st & gen 6s 1942_______ J&J 104 88 92 J&J 96 Sec 6s Julv 1926_____ 1st & gen 5s 1955 Ser D _ J&J _ 97 98 100 99 101 644% notes 1926 . . _ .A&O 1st & gen 544 s 1949___ F&A 97 100 Commonwealth Power Corp— Central N Y G & E 5s 1941.-J&J 9844 9644 S f g 6s M ay 15 1947..M &N 15 102 44 103 44 Central Power Co— 1st M 6s 1944 ser C . _ . J&D 10044 10144 Gen & ref 5s 1939 . . . J&J 93 9144 Gen & ref 6s 1972 ser B _ .J & j Central Pow & Lt 6s 1946.-A&O 101 54 10244 99 96 1st 1 & ref 644s 1952_____M&S 10144 10244 Community Power & Light— 1st coll tr 6s 1950 Ser A ...J & J Central Ry— See Un Ry & El (Balt) 99 101 Compt Hts & Mer Ter— See Un Central Traction— See Phila Co Conestoga Trac 1st 4s 1950 J&J Charleston Cons R y, Gas & El— 78 ____ Coney Isl & Bklyn RR 4s ’48 J&J 92 Consol gold 5s 1999_____M&S 68 ____ Consol gold 4s 1 9 5 5 . . ____J&J Ch’s’t ’n City Ry 1st g 5s 1923 65 ___ B C & N 1st cons 5s 1 9 3 9 ..J&J Ext at 6% to Jan 1938..J&J 100 7844 Conn Light & Power— Chattanooga R y & Light— ___ 1st & ref s f 7s ’51 ser A ..M & N 112 85 1st & ref g 5s 1956 op ’ 16.M&N 113 ___ 1st & ref 544s 1954 ser B ..F & A 106 Chatt Rys 1st cons 5s ’56 M&N 84 44 107 Ches & Pot Tel 5s ’29 op ’09- J&J 9944 10044 Connecticut Power 5s ’6 3 .-A&O 103 1st & coll trust 5s 1956____J&J 103 44 Ches & Pot Tel of Va 5s ’43 - M&N 9844 100 7% notes Dec 1926 ______ J&D 102 Chicago Aurora & Elgin Corp— 40 Conn Ry & Lt 444s 1951____J&J Deben 6s April 1972____-JJfcJ / 35 9044 Stamped guaranteed optional. . Chicago Aurora & Elgin R R — 8944 9144 ___ Conn Ltg & Pow 5s ’39____J&J 102 96 Ref & imp 7s ’47 ser A .A&O Conn Riv Pow 1st 5s 1937. .J& D 99 Chicago City & Connecting Ry 101 50 5254 Consolidated Cities L, P & Tr— coll tr s f g 5s Jan 1 1927. A&O 1st lien 5s 1962 stamped_ J&J _ 81 83 Last sale, n Nominal, r Canadian price. PUBLIC UTILITY BONDS D e c ., 1 9 2 5 . ] NOTICE.B onds. Ask. Bid. B onds. Bid. Oonsol Gas o f Balt 6s 1939--J&J 101 34 94 • Eastern Pa Rys 1st 5s 1936 -J&.^ 4 9434 Gen g 434s Apr 1954___ A&O Eastern Tex El Co 5s ’42_ M & l r 95 _ 95 Oonsol Gas, Elec Lt & P (Balt)— 5% 3-year notes 1928___ F&7 3 98 ^ Gen g 4H s Feb 14 1935---J&J 9734 4 Eastern Wisconsin Electric Co— 1st ref 6s 1949 Series A___F&A 10534 1st & ref 5s 1947— _____M&Si 913ls t r e f 5 J4s 1952 Series E .M & S 104 4 1st lien & ref 6s 1942_____J&I » 100 1st ref 5s 1965 Series F ..-J & D 99)4 102 1st lien & ref 634s 1948 M&E 95 Oonsol Gas N J 5s g 1936___ J&J Sheboygan Elec 5s 1946—J&« 953< 1st ref 5s 1965__________ A&O 89 _ East Bay Water 534s 1946—J&J ' 101 ^ Consolidated Gas (N Y )— Un & ref 734s ’36 ser A „M & E , 105 J' Deb 534s 1945__________ F&A 10334 104 Un & ref 6s 1944 ser B _ M&£ , 1013^" _ Underlying cos— See N Y G E L H & P Un & ref 6s 1944 ser O _ M&£ . i o i y _ Oonsol Ltg Co (Vt) 1st 5s '26-J&J 99 100 Unif & ref 6s 1955 ser D__M&£ Oonsol Pow & Ltg— — 534% gold notes 1928____F&A 4 1st & ref 1 634s 1943_____M&S 10334 10354 East Penn Elec Co— Oonsol Pow & Light (W Va)— 1st M & ref 6s 1953...........J&. 104 1st M & ref 6s 1943_____ M&S . East St Louis (111) L t & Pow— Oon R y (New Hav)deb 4s’54-J&J ___ 62 1st 5s 1940.........................J&E Deb 4s 1955_____________J&J 62 65 East St Louis & Suburban Co— 62 Deb 4s 1955_______ A&O 83 64 Coll trust g 5s 1932 opt — A&C Deb 4s 1956 guar_______ J&J 62 Alton Granite & St L Trac— 68 Cons gold 4s 1930_______ F&A 76 1st cons gold 5s 1944.-F&A Oons R y & Pow (Salt Lake)See Ut ah L & R y 76 Oons Tr (N J)— See Pub Ser Corp Easton Cons El 5s 1949 M&N 9834 99 ___ Oon W at o f Utica— 1st 5s ’30-J&J _ East Palm & Beth 6s 1939..J&J 99 2d M tge 5s Jan 1 1930____J&J _ Economy Lt & Pow (Joliet, 111)— 99 101 ls tre f 534s 1960 Ser B ____A&O 1st M s f gold 5s 1956____J&E 9834 Consumers El L & P (New Orl)— Edison Elec Ilium o f Boston— 1st M 5s 1936_____________J&J 9934 434s% gold notes 1928—J&J 15 93 34 Oonsum L H & P C o (Eliz, N J) Ed El Ill(Bkn)See Kings CoEL&P 99 6s 1938__________________ J&D Edison El III (N Y )— See N Y G Consumers Power Co (Mich)— Edison Elec Co (Lancaster)— 1st & ref 5s 1936 op ’ 16--J&J 10034 101 Refunding*5s 1943_______ F&A 9934 1st 1 & unif 5s ser C 1952.M&N Eighth Ave R R — See N Y Rys 973* 1st 1 & unif 534s 1954____M&N 1 0 3 a Elec & Peop— See Phila Rap Tran Continental Gas & Electric— Electric Pow Corp (Germany)— 1st lien coll tr 5s 1927.-.M & N 100 1st s f 634s 1950_________ M&S 8734 R e f 6s 1947______________ A&O 99 34 Electrical Securities Corp— Coll tr 7s 1954 ser A ___ F&A 96 104 34 105 Coll trust s f 5s 1935 op t—F&A 99 Sec 6s 1964 series A ______ A&O 95 Coll tr s f 5s 1955_______ A&C 9834 Eliz Plainf & Cent JlSee Public Copenhagen Telephone Co— External s f 6s 1950____ A&015 100 10034 Eliz & Trenton RR JServ Corp Orosstown St Ry— See Col Ry & Lt Elmira Water, Light & R R — 96 Cross St Ry— See Int Tr (Buff) 1st & con g 5s 1956______M&S Cuban Telephone Co— El Paso El Co coll tr g 5s ’32. J&J 102 1st lien & ref 7)4s 1 9 4 1 ..-M&S 10834 110 1st M 5s 1950 Ser A ______J&D 95 Cumberland Co (Me) Pow & Lt— Empire District Electric Co— 95 97 1st & ref gold 5s 1942____M&S 1st 5s 1949---------------------M&N 9134 Oumb’land T & T 5s 1 9 3 7 --.J&J 9934 10034 Empire Gas & Electric Co— Gen & ref 6s ser A 1952 J&D 101 Cuyahoga Telep 1st 7s 1941 .J&D 104 10534 Dakota Central Telep Co— Empire Gas & Elec and Empire 1st gold 6s 1935__________ J&D 102 96 105 Coke jt lst&ref 5s ’41 opt M&S Dallas Gas 1st 6s 1941______ A&O 10134 Empire Gas & Fuel— Dallas Pow & Lt 6s 1949____J&J 104 1st M s f 6s 1926________ M&N 100 10534 1st g 734s 1949 series B _ J&J _ lst&ref conv7 34s’37 ser A M&N 10234 99 1st g 5s 1952 series C _____ J&J Equit G & E Utica 5s 1942 A&O ____ : : : : Equit 1 1 Gas, Phila, 5s g ’28.J&J Danville Tr & Pow 1st 5s '41-J&J 1 Darby Med & Ches Ry— See Phila R Tr Erie Railways— 1st & ref 6s 1954________ A&O Dayton (O) Gas 5s’30 op’ 15-M&S 9334 ____ Erie El Motor s f g 5s 1941 A&O Dayton Ltg 1st 5s ’37 op’ 12-M&S 9934 i o i " ____ Dayton Pow & L 1st 5s ’41 .J& D Erie Ltg 1st M 5s 1967—A&O 9954 10054 83 Day Sp & Urb— See Ind Col & E Erie & Suburban Ry 5s ’41-A&O 95 Defiance (O) G&E 5s 1942-.M &S 9834 9634 Evansv G & E L 5s ’32 op ’ 12 J&D Delaware Co & Phila— See Un P & Trans Excelsior Springs Wat Gas & El— ____ Denver Tramway Co— 1st M 6s 1932 op t_____.J& D 67 Gen & ref 5s 1950 serlesA-.J&J 6834 Fairmont & Clarksburg Trac— ___ 98 Denv Gas & El 1st g 5s '49-M&N 99 1st g 5s 1938 opt 1913 - A&O lst& Ref 5s 1951________ M&N 9334 9334 ! Fall River Elec Light Co— Stamped as to Pa tax_______ 1st M 5s 1945 series A ___ J&J 10234 9334 9334 Denver Tramway Power Co— Feather River Power Co— 1st imp g gu 5s ’23 op '08. A&O 1st M 6s 1929-1963— —J&J 98 100 Ext at 6% to 1924_________ Federal Light & Traction— Denver Tramway Terminals Co 1st s f g 5s 1942 o p t ____M&S 9134 1st lien g 6s 1942 stpd____M&S 10034 1st M g gu 5s 1926-40-- .M&S b 654% 6% Derry (N H) Elec 8s 1951--M&S 101 Debenture 6s 1954 ser B .J&D 9234 97 — 7s 1932----------------------------J&D Fed St & Pleas Val— See Phil Co Des Moines & Cent la Elec Co— Florida Public Service Co— 102 S F 6s 1937 opt series A _ M&S 100 _ 1st M 634s 1949_________ F&A 9934 90 Ft Pitt Traction— See Phila Co S F 5s 1937 opt series B _ M&S _ 98 Ft Smith Light & Traction— Des Moines El 5s 1938.-M&N ____ 70 1st M g 5s Mar 1 ’36 op t. .M &S Des Moines City Ry 5s ’3 6 --J&J 75 Des Moines Elec Co— Ft W Van Wert & Lima Trac— 98 1st M 5s, 1938-................. M&N 1st M g 5s 1930 guar____J&J f 16 9934 99 Detroit City Gas Co— Ft Worth Pow & L 5s '31 F&A 1st M 6s 1947 series A ____J&J 10434 10534 42dStM&StNAv— See 3d Av Ry Galesburg Ry Ltg & Power— Det & Sub Gas 1st 5s ’28.J&D 9834 Detroit Edison 1st g 5s 1933.J&J 100 34 10134 Con 5s Oct 1934...........—J&D 9534 1st & ref 5s July 1 1940_ M&S 102 _ Galesb Ry & L 5s 1934_ __ — _ 9634 102 34 91 1st & ref 6s July’40 ser B.M &S 107 54 107 34 Galv Elec Co 1st 5s '40 op -M&N Gen & ref 5s 1949 series A.A& O Galveston-Houston Elec R y— 9934 100 75 Gen & ref 5s 1955 ser B ..J & D 1st M s f g 5s 1954 opt . A&O 9934 100 138 Gas & El o f Bergen Co 5s ’49 J&D Conv deb 7s Jan 15 '28-J&J15 134 9934 97 134 138 Conv deb 7s Feb 1929_ F&A _ Gen 5s Nov 1 1954____ M&N 138 Conv deb 7s Mar 1930_ M&S 134 _ German General Elec— 138 20-yr 7s 1945_________ J&J 15 9534 Conv deb 6s D ec 15 1932-J&D 134 89 Det United 434s 1932 opt.-J& J 8934 Ga Row & Ips— See B & N St Ry 50 1st M & coll tr 6s 1929____J&J 54 Georgia Light Power & Rys— 87 Det Ry 1st 5s 1924_______ J&D 1st lien s f g 5s 1941 opt .M &S 95 Det Ft Wayne & Belle Isle— Cent Ga Pr 5s ’38 opt’ 13 M&N 99 — 1st g 5s Apr 1 1928____A&O Georgia Ry & Elec 5s 1932 J&J — Refg & impt g 5s '49 s f . .J&J 9234 Det M on & Tol Short Line Ry 9634 1st M g 5s Jan 1933___ J&J Atlanta Cons St 5s 1939 -J&J Det & Pontiac— Georgia Elec Lt 5s 1930.-J&J 9934 Cons g 434s ’26 op ’ l l ..J & D Atlanta Northern R y Co— Det & Pt Huron Shore Line— _ 9634 1st guar 5s ’54 op '90_ J&J Georgia Ry & Power— 1st gold 5s 1950________ J&J 1st & ref s f 5s 1954 opt A&O Det Ypsil Ann Arbor & Jack9334 70 80 1st gold 5s 1926________ F&A Gen M 6s 1947.. — A&O 10234 Dominion Pow & TransmissionGen M 7s 1941___ .M&N 10534 96 97 lst 5s 1 9 3 2 --............... A&O Grand Rap Gr Hav & Musk R v— 35 D D E B & B RR— See Third Av _ 1st g 5s July 1 1926_ ...J&J Duke Price Power Co— Grand Rapids Ry— ____ 1st M 6s 1949.............. ...J & J 10134 10234 ls ts f 7s 1939.. .............M & N Great Cons Elec Pow (Japan)— Duluth-Superior Traction Co— 90 Duluth St Ry 1st g 5s ’30.M&N 1st M 7s 1944__________ F&A 9634 9734 86 91 93 Gen M 5s 1930________ M&N 1st & gen 634s 1950_____ J&J Gt Falls Pow 1st 5s ’40 op -M&N 10334 Duquesne Light— See Phila Co Great Lakes Power, Ltd— Duquesne Trac— See Phila Co Eastern Connecticut Pow Co— 1st M 6s 1926-1944_____M&N 101 98 Great North Pow 5s 1935 —F&A 99 1st M s f 5s 1948 series A.A&O 9734 Great West Pow 5s 1946 op ...J&J 9834 Eastern Mass Street Ry Co— 99 1st & ref 6s Mar 1949_ M&S _ 10134 Serial ref 6s Jan 1926-1929____ 64 1st & ref 6s 1952 ser C ____F&A 65 " R ef M 434s 1948. — ...........J&J 10134 99 70 72 5-year 534 % notes 1930.M&N2 R ef M 5s 1948___________ J&J 80 83 Green Bay Gas & Elec Co— R ef 6s Jan 1948 ser C ..M & S15 80 1st & ref 5s 1935— . M&N Ref 6s Jan 1948 series D.A&O 83 9834 75 Greenwich Tram 1st 5s '31 ...J&J 80 83 R ef 6s Jan 1948 series E .M & N Hackensack Wat 4s ’52 op ’ 12J&J Lynn & Bos 1st 5s g ’24-.J& D 8634 99 — Hagerstown & Frederick R y — Extended to 1929______ 1st & ref 6s 1944________ A&O Eastern N J Power Co— 9634 Hamburg (Germany) Elec Co— 1st M 6s 1949____________J&J 9934 101 Extl g s f deb 7s 1935. M&N Eastern Oregen Light & Pow Co— 99 Harrisburg L & P 5s 1952.-F&A 101 1st M 6s 1929..................... A&O 100 Hart St Ry— 1st g 4s 1930.-M &S 8534 Harwood El 5s ’39 op '14___ J&J 100 1st & ref 8 f g 6s ’42 o p __ M&S 10534 Havana Elec R y, Light & Power Gen M 5s 1954 series A . . M&S 9234 Havana Elec R y 5s 1952.-F&A 9434 A sk. k Last sale, iln London, r Canadian price. B onds. Bid. A il. 95 Helena Lt&Ry 1st 5s ’25 op.M &:S / 72 S Herkimer County Light & Power er cJ 99 1st 5s 1950_______________ J&J 9934 Hest Man & Fair Pass Ry— See P hilaRI I 9334 Home Telep & Tel eg (Los Angeles 101 l J 99 h Cal) 1st 5s 1933_______ J&J 1st refunding 5s 1945_____J&J J 9831 Home Tel & Tel of Spokane— 102 1st M g 5s M ay 1 5 ’36-M&N15 5 98 10654 Hortonia Power 5s 1945___ F&A A 4734 — 8 % notes 1926__________ F&A A 71 .oughton Co (Mich) Elec Light— 102 J 99 1st g 5s Jan 1 1927 op t___ J&J J / ----S 9834 106 O 9954 S 94 1st lien & ref 5s 1953____M&S 1st lien & ref 6s 1953 ser B.A&O 10134 > 1st lien & ref 534s’54 ser C.M&S 100 S 84 iudson Co Gas 5s g 1949--M&N 10054 sr Hydraulic Power of Niag Falls— 80 1st & refunding 5s 1950_ J&J 10034 _ J ) 80 R ef & impt 5s 1951______ A&O 100 100 laho Power 1st 5s 1947____J&J J 9634 J -----86 1st lien gen M 8s 1930___ J&J First lien gen M 7s 1947_ J&J _ 100 3 10054 ) 9034 100 3 103 3 1st & ref 6s 1953 seris A l.A & O 101 1st & ref 534s 1954 Ser B ..J& D ) 9734 3 Debenture 7s 1953_______ A&O 102 J 93 llinois Power 1st 5s 1933___J&D 5 1st 7s 1936_______________ J&D 103 5 98 1st 6s 1944_______________ J&D 8734 [linois Northern Utilities Co— 5 90 1st & ref 5s 1957 opt_____ A&O 3 95 9734 : llinois Valley R y 1st 5s ’35.M&S 9734 adiana Columbus & E Trac— Gen & ref g 5s ’26 op ’ 11. .M&N f I 2 Col Lon & Springf 5s '20-A&O) f 15 I 58 Dayt Spgf & Urb 5s ’2 8 .-M &N 97 ] idiana Electric Corp— I 98 1st M 6s 1947 series A _ M&N _ 96 1st M 634s 1953 series B ..F & AL 102 ] l 82 1 98 9334 I 1st & ref 5s 1955________ M&S 3 95 103 i I I -----98 — 1st lien 734s 1941 ser A . .M &N 1st lien&gen 6 34s’41 ser B. M&N 10034 I . 634% notes 1928________ F&Ak 99 92 102 34 1 101 1 ___ 1st & ref M 5s Jan 1 1950- .J&J 8934 Adjustment mortgage___ , f 8454 9534 1 __ — 1st g 5s July 1 ’33 op ’08.A&O 5 Indiana Nor 1st g 5s 1933.A&0 84 1 idianap Columbus & Sou Trac— 100 96 1st M g 6s Feb 1 1948___ F&A I 9634 ____I ) 9854 I 1st g 5s 1923_opt___ _____ J&J J 34 9334 I idianap New 1st 6s 1932. 103 5 I -See Un Tr of Ind I 100 I ndianapolis & Northwest Trac— 3 59 1st g 5s 1923 ext to 1933--M&S 92 I ndianapolis & Southeast Trac— 1st M g 5s 1935__________ J&Jr n j -----10154 Ind Shelby & S E 5s 1932.-J&J n -----94 I ndianapolis Trac & Term Co— 1st s f gold 5s Jan 1 1933—A&O 88 Indianap St gen 4s 1933_ J&Jr 54 _ 10034 Citizens’ St con 5s g ’3 3 --M&N 77 I ndianapolis Water— 1st & ref g 434s 1940 op t—J&J 9334 1st lien & ref 534s 1953_ M&S 103 _ 25 I nterborough-Metropolitan Co— Coll trust g 434s 1956___ A&O Guar Trust certif of deposit. . :::: Stpd ass’t ’d & 16% subs 97 / -----Stpd as del of 16% su b .. Stpd as to del on surrender 9734 93 of 60% of bonds.. f .... I] 80 67 1st & ref g 5s ’66 op tax-ex. J&J 101 Stamped___________________ 6634 6% notes 1932___________A&O 6854 89 Conv g 7% notes 1932___M&S 9534 Liternational Railway(Buff___ 82 Buff Ry 1st con M 5s g’31.F&A 69 Buff Trac 1st 5s 1948____J&D 88 Cross St Ry 1st 5s g ’3 2 .-M&N 8034 97 92 Buff Bell & Lan 5s 1927.-J&D Buff & Lock 1st g 5s 1938—J&J 68 9934 Buffalo & Niag Falls Elec Ry— 9334 79 1st M 5s gold 1935______ J&J 9734 Internat R y ref 5s '62 op.M & N 10034 6234 Iiiternational Telep & Teleg-— 98 Conv deb 20-year 534s '45M&S 10654 Iiiterstate El Corp 6s 1933.M&S 9454 Debenture 7s 1932_______ J&D 9434 9634 10334 Ii iterstate Power Co— 1st M g 6s series A 1944. .J&J 98 10634 1st M g 6s series B 1944.-J&J 98 45 General 7s 1934__________ J&J 100 Ii iterstate Public Service Co— 89 1st & ref 534s 1950 ser C .-A & O — Ii iterstate Rys— Coll trust g 4s 9034 1943 opt 1913____________F&A 55 8634 Ic>wa Power & Light— . 1st M 6s 1955 Ser A _____M&N 101 Ic>wa R y & Lt (Cedar Rapids)— 103 1st & ref 5s 1932 o p t ’ 15—M&S 98 100 1st & ref 5s Oct 1945____ M&N 100 1st & ref 534s Oct 1945--M &N — 103 Iciwa Southern Utilities— 103 1st & ref 6s 1943............... F&A 100 100 1st & ref 534s 1950_______ J&J 9434 Itonwood & Bessemer Ry & Light 100 1st s f g 5s ’36 opt after ’ 15.F&A 9334 80 Itialian Power Co— Coll tr 6J4s 1928 series A.A&O 100 Ja 99 9734 Ja Ja 1st M 6s 1934___________ A&O 100 9534 1st M 7s 1934__________ 103 ____Ja 8634 74 10134 Ja 90 Jacksonv Elec 5s ’27 opt.M &N 10634 90 Ja 93 Ja 99 95 1st gold 534s series A 1955-J&J 1 /T h is price Includes accrued Interest, 37 re “ and interest" except where marked “f” and * Sale price. 101 10* 99 50 73 100 100 96 ____ 102 102 — io i 9334 105 103 98 104 94 104 99 91 97 4 ____ — 100 103 ____ 99 9634 103 100 — 9034 8534 -- — 100 9734 102 62 25 25 90 56 79 10354 13 :::: 6734 6634 6954 8954 85 71 82 94 70 82 6354 107 97 99 99 99 101 9734 5634 10234 99 99 99 9734 95 10034 100 34 102 105 88 79 95 92 100 38 PUBLIC UTILITY BONDS [V ol. 121. N O T IC E .— All bond prices are “ and interest” except where marked “ f ” and income and defaulted bonds. B onds. Bid. A sk. B onds. Bid. Jecpay Ceatral Pow & Lt Corp— Manila Elec Co 7s 1942...M & N 101% & ref 5% s 1945 series A F&A 95% 96% Manila Electric Corp— Jer Ci4y Hob & Pat— See P S Corp Manila Elec RR & Ltg Corp— Johnstown (Pa) Telephone Co— 89 1st lien & coll tr 5 s ’ 53 .M&S 1st & ref 5s 1942 . ..F & A 99 100 Manila Sub Rys 1st 5s 1946 M&S Johnstown (Pa) Traction— Manitoba Power Co Ltd— 1st & ref 5s July 1943____J&D 60 64 102 1st s f 7s 1941 ser A _ M&N _ ___ Manuf’rs Wat (Pa) 5s 1939.J&D Joplin&PittsRy 1st 5s’30 op.M&S f . . . . 99% Kankakee (111) G & E 5s '30.M & S 93 99 Marion (O) Water Co— Kansas City Gas 1st 6s 1942.F&A 101% 102 99 1st mtge 6s 1943_ _ ___J&D Kansas City Power & Light— Market St El Pass Ry— See P R T 1st M 5s 1952 series A ____M&S 99% 99% Market St R y (San Francisco)— Kansas City Railways—■ 1st s f 7s 1940 ser A . . Q-J 98 1st M 5s July 7 1944_____J&J r 56 58 95 M aryl’d El Rys 1st gu 5s ’31 A&O 2d M 6s July 7 1944______ J&J F 4 8 93 1st & ref 6% s 1957 ser A J&J 2d M 5s July 7 1944______ J&J r 4 8 62 Balt & Ann S L 5s 1946.-F&A Coll gold notes 7s M ay 15 98% Massachusetts Gas 4% s ’29 -J&J 1 9 2 1 ... ... _M&N 15 F 74 77 96% Deb g 4% s Dec 1931______J&J Kansas Elec Power 6s 1937-J&D 100 102 100 5% notes Apr 15 1927____A&O 1st M 6s 1943_ _ J&D 100 102 Massachusetts Lighting Cos— Kansas Gas & Elec 6s 1952.M&S 101% 102 100 Deb g 7s 1926-’2 8 ______ J&D Deb gold 6s 2022 series A .M & S 92 95 Deb g 7s 1930. - A&O 100 Kentucky Traction & Terminal— M cGav & M t V— See Nash Ry&L 1st & ref gu 5s ’ 51 opt ’ 14.F&A 72% Memphis Power & Light Co— 70 Lexington Ry 1st 5s 1949.J&D 92% 93% 99 1st & ref 5s 1948 ser A _ J&J Kentucky Utilities Co— 1st & ref 6s 1948 ser B .J&J 103 1st lien 6s 1949 series E _ J&J _ 100% 101% Memphis L & P 5s 1931 -J&J 100 Key System (San Fran-Oak Term) 70 Memphis St Ry con g 5s ’45 J&J ___ Meridian Lt & Ry 5s ’4 4 .. M&S 1st M 6s 1938............... J&J 102 95% ___ Metropolitan Edison Co— Ref 5s 1 9 3 8 . . ______ ...J & J 83 % 90 Ref 6s 1938___ . . . ________ 1St & ref fis 1Q 9, ser B K F&A 103 Key System Securities coll trust 6s 90 90% 95% 1st & ref 5s 1953 ser O ------J&J ___ Metropolitan Elec Co (Reading) Key Tel 1st g 5s ’35 opt ’0 8 .-J&J 87 99% 100% 6% gold notes 1927.. _.M & N 100 1st s f 5s 1939__________ A&O 1 st 1 & ref 5 %s 1935 ser A . J&D 87 88% Metropolitan Power— Kings Co E L & P 1st 5s '3 7 .A & 0 1023/s 103 _ 1st 6s 1953 ser A _ __ - J&D 102 ___ Met St Ry— See N Y Rys Purch money 6s g 1997_ A&O _ 119% ___ Metropolitan West Side “ L ” — Edison El 111 Bkln 4s ’3 9 .-J&J 92% Kings Co Elev R y— See Bkln R T 72% 1st gold 4s 1938. . — .F&A ___ ___ Kings Co Gas & 111 1st 5s’40. A&O 71 Exton gold 4s 1938 — J&J Kings C oL tg 1st ref 5s ’5 4 .-J&J 98% 99% Mexican El L 1st M g 5s '3 5 .J&J r 60 ___ Mex Lt & Pow 1st 5s ’33 s f.F & A r 70 1st ref 6% s 1954__________ J&J 107% Kingsport Utilities 6s 1937.A& 0 94 96 Miami Valley Elec 6s 1945.-J&J 98% 1st 7s 1937 series B _____ A&O 101 103 Mich Elec Ry 5s 1948. . .J&J / 15 Kinloch Long Dist Tel 5s '2 9 .J&J 100 100% Jack Cons Trac 5s 1934..M&N / 20 Kinloch Telephone 6s 1 9 2 8 ..F&A 102 % 103% Michigan Gas & Elec Co— 83 Knoxv Gas 1st 5s '33 opt '13. A&O 99 1st & ref 6s 1943________ M&S Knoxville Railway & Light— 98% Michigan Light 1st 5s 1946.M&S 93 R ef & ext 5s 1946 o p t___ J&D 94% Michigan Nor Pow 1st 5s ’41 J&J 96 ___ Middlesex Water Co (N J)— Knoxville Trac 5s 1938_ A&O _ 96 % Lackawanna & W yom Yal R T— Consol M 5s 1950............F&A 944£ Coll trust 5s 1951________ F&A 97 Middle West Utilities— 100% Laclede Gas Lt ref 5s 1934. .A&O 100 108% 8% gold notes 1941. . . — 1st M coll tr 5% s ’53 ser C.F&A 100% 101 Millv Etna & Sharps— See Phil Co 98% 9J% Milwaukee Coke & Gas Co— 5% % gold notes 1935 . . F&A Lake Roland Elev— See Un Rys & Elec 1st M s f 7% s 1 9 3 3 ... ..F & A 103 ___ 100 Lake Sh Elec 1st con g 6s '33. J&J Milw El R y & Lt 5s 1926...F & A 96% _ 50 R ef & ext 4% s g '31 op t..J & J Gen gold 5s Feb 1 1933_ F&A ___ ___ 98% Gen & ref g 5s 1951 op t..J & D Lor & Clev g 5s '27 op ’ 17.J&J 89% Sand Frem & Sou 5s 1936.-J&J 1st & ref 5s 1961 ser B _ J&D _ _ Tol Frem & M o 6% s 1925— 1st & ref 6s 1953 ser C _ M&S 101 ___ 77 Milw Light, Heat & Trac— Extended to 1933_ _ ..J & J 99% Lake St Elev R R — See Chic & O akPkEl ec Ry 1st g 5s gu 1929 op t— M&N 99 Milwaukee G L 1st 4s ’2 7 ..M&N 98% Lansing Fuel & Gas 5s 1927. 100 _ Milwaukee Northern Ry— Laurentian Power 6s 1936_ J&J r 99% _ 99% 100% 96% Lauren tide Power 5s 1946_ J&J _ 1st 5s Apr 1931______ __ A&O Minn Anoka & Cayuna R ’ge RR Gen M 5% s 1946_ _ ____J&J r 101% Lawrence (Mass) Gas & Elec— 1st 5s 1935.________ ...M & N 1st M 4% s 1940 ser B ___ F&A 97% 99 98% Mlnneap G L 5s Feb '30— M&S Lehigh Pow Sec 6% notes’27.F&A 101 101% 101% 6% gold notes Feb 1930______ Minn Gen El 1st 5s ’34 op ..J& D 101 Lehigh N av Elec 6s 1943..J&J 106 Lehigh Valley Transit— Minn St Rys — See Twin O ' y R T 95 Minnesota Power & Light Co 1st M g 5s D ec 1935 o p t..M & S 97 85 1st M g 4s Dec 1935 op t-.M & S 1st & ref 6s 1950________ M&N 103% 87 80 1st & ref 5s 1955-------------- J&D 96 Cons gold 4s 1935 _______ J&D R ef & impt g 5s 1960____J&D 73 Mississippi Power Co— 75 __ Leh Val L & P 5s 1943____A&O 92% 96 1st & ref 5s 1955_________ M&S Lex Ave & Pav Fy — See N Y Rys Mississippi Power & Light— 1st & ref 6% s 1943 ser A ..J & D Lex (K y) R y — See K y Tr & Term 103 99% Lincoln Gas & Elec 5s 1941-J&D 91 Mississippi Riv Pow 5s ’5 1 .-J&J 93 102 Llndell R y — See United Rys(StL) Sink fd deb 7s 1935_____M&N 97% Missouri Edison E] 5s 1927-F&A 99% Little Rock G & F 6s 1937. -M&N ___ Missouri Power & Light—1 Little Rock R y & El 5s '33-A&O 100 97% 100% 1st M 5%s 1955 Ser A ___ M&S R ef & ext g 6s 1938______A&O 97 Lockhart Power 5% s 1950.-F&A 98% Mobile Elec 5s ’46 op '1 0 --M&N 96 Lockport & Olcott R y— See Int Trac (B uffalo) Mobile Gas imp & ref 7s ’51 J&D 100 72 M ob Lt & RR 1st g 5s '3 7 ..J&D Long Isl Lighting 5s 1936.-M&S 99% 101 Cons g 5s 1 9 4 1 ____ ._ M&S 72 1st ref 6s 1948____________ J&J 105 106 Monongahela St Ry— See Phil Co 99% 100 Secured g 6s 1945. ______ J&J Lorain & Cleve R R — See Lake Sh Elec R y Monongahela Valley Traction— 1st M g 5s ’42 opt ’22___ J&D 89 Los Angeles Gas & Elec Corp— Monongahela Valley Water— 1st & ref g 5s 1939 o p t .. M&S 100% 1st M 5% s 1950 s'eries A _ J&J _ 96 Gen & ref g 7s 1926 ser A M&S 100% Gen & ref g 7s ’31 B & C ..J & D 105 105% Monongahela West Penn PubServ .... Gen & ref 6s 1942 ser D . M&S 103 1st lien & ref 5% s Ser B '53 F&A 97 99 Gen & ref 5% s 1943 . . .M&S 99% Montpelier & Barre L & P Co— 89 99 1st ref 5s 1944._____ A&O Gen & ref 5H s ’47 ser E _J&D 99% Montana Power— Gen & ref 6s 1942 ser G M&S 103 99 1st & ref s f 5s '43 op ’ 1 8 .-J&J 100 Gen & ref 5 %s 1949 ser I .A& O 99% Montreal Lt, Ht & Pow Co— Los Ang G & E 5s 1934 . . J&J 100% lst&coll tr g 4% s ’32op’ 12 J&J r ____ Los Ang Pac Co— See Pac El R y 99 Los Ang & Pasad— See Pac El Ry Gold 5s 1933 opt 1913- ..A & O Montreal Tramways— Los Angeles Railway Corp— 96% 1st & ref g 5s 1941 op t___ J&J 1st & ref s f g 5s 1940. . J&D 85 Gen & ref 5s 1955 series A . A&O r 92% 94 Los Angeles Ry 5s 1938 . .A&O 96 M orn’side El StRy— See Phila Co Los Angeles Sub Gas Corp— Mountain Home Telep Co— 1st lien coll trust 7s 1938 M&S 99 99 Gen 5s 1938.. . . . - ..J&J Louisiana Power 1st 6s '44 .J&D 101 Mountain States Power Co— Louisville Gas & Electric Co— 93 97% 1st & ref 5s 1952 ser A M&N 98% 1st & ref 5s 1 9 3 8 -.. ...J & J 98% 1st M 6s 1938 series B _ J&^ _ 101% 103 1st & ref 5% s 1954 Ser B M&N M t Wash St Ry— See Phila Co 99% 101 Louisv Ltg 5s ’53 unstmpd A&C 89 Muncie El L 1st 5s ’32 op '12 J&J 95 Louisville R y con M 5s g '30 J&J 72 Muncie Hart & Ft Wayne Tr— 70 2d mtge 4% s 1940_______ M&S 70 72 1st 5s g 1935 opt 1925___ J&J f 8 Gen M 5s 1950__________ F&A M & U C Tr Co— See Un Tr o f Inc Louisville Water— See under Lou: sville, p. 50. Municipal Gas (Albany, N Y )— Lower Austrian Hydro-Electric— 105 1st M 5% s 1952 ser A _ . .A&C 86 87 1st s f g 6% s 1944 Municipal Gas & Elec, Roch— Luzerne Co (Pa) Gas & Electric— 1st M g 4% s 1942 opt ’ 12.A&0 98% 99% 1st ref&imp g 5s’48 op ’ 13.A&C 92% 102% 103% Munic Service 5s 1942 . . M&S 1st & ref 6s 1954_________ M&£ 6% notes N ov 1 1928____M&N 98 104% 105% Debenture 7s 1944.............J&J 104% 105% Muskegon Tr & Lt 1st 1931 M&S Lykens Val L & P 6s 1945.-M&£ Muskogee Elec Tr 5s 1934.M&N Lynn & Boston R R — See Eastern Mass 8 t Ry ___ Nashville Railway & Light— Macon R y & Light 1st 5s ’53 J&J 97 Cons g 5s 1953 opt 1908.-J&J Madison Co (111) Light & Power— 90 R ef & ext gold 5s 1958_ J&J _ 97 98 1st g 5s 1936 . ______ J&E M cGavock & M t Vernon— Madison Gas & Electric Co— 100 Summer St 1st M 6s ’26 J&J 99% 1st ref 5s 1940__________ A&C 103 2d series 6s July 1937_ J&«i _ 100% 1st 6s 1926______________A&O 97% 98% Nashville Gas & Heating Co— Gen & ref 5s 1950_______ M&N 1st M gold 5s 1937 guar._M&N 97% Madison Railways Co— 72 75 1st g 5s 1936_____________M&N ___ Mad RivPowlst 5s’35 gu op.F& A 100 Manchester Tr Lt & Power— 98 100 1st ref 5s Aug 1952 __________ 60 59% Manhattan El con 4s g '90 A&C 52% 53 2d gold 4s 2013__________ J&E b Basis. /T h is price includes accrued interest, k Last sale, n N om inal. B onds. A sk . 90% 103% 101 103 98% 95% 94 65 96% 100% 100 101 75 97 Nashville Water 4s 1928 J&J Nassau El R R — See Bklyn Rap T Nassau Lt & Pow 1st 5s ’2 7 .A&O Nassau & Suff Ltg 5s 1945 F&A Nat Electric Power Co— Sec g 6s 1945_____________M&S Nat Pow & L inc 7s 1972____J&J Nat Public Service Corp— Coll tr s f 6% s 1955 ser A ..F & A Nebraska Power 1st 5s '49. J&D 1st M 6s 1 9 4 9 - - . _____ J&D Deb 6s 2022 ______ - - M&S Nevada-Calif Elec 6s 1946.-J&J 1st lien 6s 1950 series B _ A&O Nevada-Cal Pow 6s 1 9 2 7 -..A & 0 Newark Gas 6s Apr 1 1944 Q-J Newark Cons Gas con 5s ’48 -J&D Newark Pass R y— See P S Corp— New Brunswick (Can) Pow Co— 1st M 5s 1937___________ M&S New Chester (Pa) Water Co— 1st 5s Mar 1 1943.. ..M &S New England Elec Securities— 1st coll tr 5s Jan 3 1932. J&J3 New Eng Pow 1st 5s 1951 J&J New Eng Tel & Tel 4s 1930..J&J 5s gold Oct 1 1932 _____ A&O 1st 5s 1952 series A — J&D N J & Hud Riv R y & Ferry— 1st gold 4s 1950 o p t ------M&S Bid. 99% 90 A sk . 100% 91 95% 103 97 104 95% 100 104% 95% 99 99 101 110 100 97% 101 96% 100 100 102 112 101 81% 82% 90 92 60 102% 94% 100% 101 63 104 96% 101% 101% 66 69 104 96% 96% New London G & E 5s ’2 7 .-A&O 100% 100% 2d mtge 5s 1929. --------- A&O ' 101 Consol & refg 5s 1933. ..J & J 101 104 New M ilford Pow 1st 5s '32 F&A 101 102% New Orleans Pub Service Co— 90 90% 1st & ref 5s 1952 series A . .A&O 89% 90 1st & ref 5s 1955 Ser B_ _J&D 87 73 87% Gen M 4% s 1935________ J&J 92% 72% Inc 6s N ov 1949 series A ..J & D ___ J&D Series B _ ' New Orleans R y & Light Co— 100 Canal & Claib 1st 6s ’46 M&N 106 20 94% 96 N O Cy R R — Gen g 5s ’43 J&J 97 25 N O Cy & Lake 5s 1943-J&J 98 NO&Carroll con 5s Feb’33 J&J 101 99% Edison El 1st 5s 1929 J&J 99% 95 N O Pow-House Co 5s ’41-J&J 98 83 St Charles St 1st g 4s '52. J&J Newp News & Hamp R y , G & E— 90 1st & ref 5s 1944. . . . J&J Newp News & Old P t R y & El 109 1st g 5s N ov 1 1938____M&N ___ Gen g 5s Mar 1 1941_____M&S N Y Cent Elec Corp— 97% 1st M 5% s 1950_________ M&S 99% 100% New York Edison Co— 1st lien & ref 6% s 1941. A&O 114% 115 99% 1st 1 & ref 5s ser B 1944.-A&O 101% 101% 89% N Y Gas, Elec Lt, H & P Co— 101% 1st g 5s Dec 1 1948 --------- J&D 103% 103% 88% 89 Pur mon coll tr 4s 1949— F&A 100% Ed El 111, N Y , con g 5s’95.J&J 102% 99% 100% 99% Central Un Gas 5s g 1927.-J&J 99% 100 Equitable Gas 5s 1932 ----M&S 93 98 94 New Amster Gas 5s 1948..J & J 98% 99 NY& ER Gas 1st g 5s ’44.J&J 95 97 Con 5s 1945 . . . _____J&J 79% 100 NY&Westch Ltg 4s 2004 .J&J 80% 102% 96% 97% Deb g 5s 1954 op guar..J& J 102 99% North Un Gas 5s 1927-..M & N 100 99% 100 Standard G L 5s 1 9 3 0 ..-M&N N Y Municipal Ry Corp — 104% 1st mtge 5s 1966_________ J&J / 81 98 N Y & Pa Telep & Teleg Co — ____ 1st gold 5s Feb 1 1926.. -F&A ____ 93% Gen s fd g 4s N ov 1929_ M&N _ N Y & Queens Elec Lt & Pow — 99% 105 1st cons g 5s Aug 1 1930.-F&A 92% 99% NY&Queens Gas 1st 5s ’34 .F&A 95% 5 N Y &' Queens Co R y 4s ’46 -A & 0 / 1 25 100 Steinway R y 1st 6s 1922--J& JJ -----New York Railways Corp— _ 82 98% Purchase mon 40-yr 6s ser A w 1 98 Adj income 6s Jan 1 1965 A pr. / 24% 24% 102 Participating rects— See Stocks 73 New York Railways— 48 73 1st R E & ref 4s ’42 op ’ 16. J&J / 36% Guar Trust ctfs o f deposit— / 48 48% 4% Adj inc g 5s Jan 1942____A&O / — Bankers Trust ctfs of depos. / 3% 5% 48 50 Bleeck St & FF 1st 4s ’50. J&J 75% 75% 98 Bway & 7th Av Cons 5s’43 J&D 74 C tf dep stpd June ’25 in t _ _ 74% 98 80% Bway Surf R R 1st 5s ’24 _J&J Cen Crosstown 1st 6s ’22-M &N / 90 Col & 9th Ave 1st 5s ’93 M&S / 8% 10% Eighth Ave ctf ind 6s ’ 19 F &A / 75 100% Lex Ave & P Fy 1st 5s g '93 M&S / 41% 55 Second Ave con 5s g’48 gu.F&A / -----1 97% Trust Co certifs o f d eposit.. / - - - 1 100 Receiver’s certificates 1914 . / 37 40 ___ South Ferry 1st 5s 1919-_A&O / 90 96% Third Ave— See under “ T .” 59% 34th St Crosst 1st 5s ’9 6 ..A & 0 64 58 66% 23d Street R y 5s 1962____J&J N Y & Richmond Gas Co— 100% 101 100 1st ref M 6s 1951 series A.M&N ____ 1st ref 6s 1952_____ . .M&N 96 100% 101 N Y State G&E Corp 5’s ’62 .A&C 99% 1st 6s 1953 . .............J&J New York State Railways— ___ 56% 1st con g 4% s ’62 op '13.M & N 59% 80 82 1st con 6% s 1962________ M&S 102% 102% 15 N Y Steam 6s 1947________ M&N N Y & Suburban Gas— See Westc hester Light g 97% N Y Tel 1st 4% s’39 tax ex.M &S 97% 109% 110 105% Deb 6s Feb 1949_____..F & A 107% 107% R ef M 6s Oct 1941_______ A&C ____ N Y Westch & Bos R y— See Stea m REs 92% Niagara Falls Power 5s 1932.J&J 101 101% 99 Ref & gen 6s Jan 1932.-A&C 105% 106 ___ 105% 106% 1st & cons 6s ser AA ’50.M &S ____ Niagara Falls Water 5s 1927_____ 105% 106% Niagara Lockport & Ont Power— 98 1st & ref 5s 1955 series A ..A & C 98% 99 92 N orf & Atl Term— See Va R y & P 101 105 98% Canadian price, s Sale price. PUBLIC UTILITY BONDS D ec., 1925.] 39 N O TICE.— All bond prices are “ and Interest” except where marked “ f ” and income and defaulted bonds. B onds. Bid. B onds. A sk. Bid. N orf & Ports Tr— See Va Ry & P Paterson & Passaic Gas & Electric Norf Ry & Lt 1st 5s 1949.-M&N 94 96 consol gold 5s 1949 ___ M&S ____ Norfolk St 1st g 5s 1944_ J&J _ Pawtucket Gas 4s 1932___ M&N 98 North American Edison Co— Peekskill Lt & RR 5s 1930 A&O S f g 6s Mar 15 ’52 ser A.M&S15 10134 10134 Peninsular Telephone Co— S f g 6 M s 1948 ser B _____M&S First Mtge 6s 1943______ J&J 10434 10434 North Carolina Elec Power— Conv deb 634s '34 ser A -A&O 1st s f g 5s Oct '40 op '1 6 --A & 0 943* 9534 Penn Central Light & Power Co— North Carolina Pub Serv Co— 1st & ref 5s 1950_______ A&O 1st & ref 5s 1934 op t___ A&O 90 1st & ref 6s 1953 _______ J&D 9134 1st & ref 614s 1944 - - F&A 96 98 1st & ref 534s 1964 Salisb & Spencer 5s '45_ M&N _ 88 1st & ref 534s 197.5 A&O 8334 North Hud Co R y— See P S Corp Penn-Ohio Edison Co— North Hudson Lt, H & P Co Deb g 6s 1950 ser A . M&N 99 (Hoboken, N J) 5s 1938--A& 0 Penn Public Service 5s 1962 F&A North Jer St R y— See P S Corp 1st & ref 6s 1929- - - --J&D North Shore Electric Co— 1st & ref 734s 1935 ser B J&J 99 1st & ref g 5s '40 op '20_ A&O _ 100 1st & ref 6s 1947 ser O -.M & N North Shore Gas Co o f Illinois— 1st & ref 5s 1954 ser D ._ J&D ____ 1st gold 5s 1937 o p t______F&A Conv deb 634s 1938_____M&S ____ ___ Pennsylvania Edison Co— North Calif Pow 5s 1932---J& D ____ R & cons s f 5s '48 op '15--J& D 1st M 5s 1946 ser A _ A&O _ North Ind Gas & El 6s '5 2 .-M&N 103 1st M 6s 1946- M&N 99 1st ref 5s 1929 ...............A&O 10034 Pennsylvania Electric Corp— Northern N Y Utilities, Inc— Deb g 6 34s 1954 _ - A&O _ ____ 1st M & ref 5s 1963-- - -J&J 9934 Deb s f 6s 1955___ -A&O 112 1st lien & ref 7s 1946 A .-M & N 108 Pennsylvania Gas & Elec Co— ____ 1st lien & ref 6s 1947 B --M & N 102M 1st 1 & ref 534s '55 Ser A M&S ___ Pennsylvania Ltg 5s 1940 ..J & J 1st 1 & ref 6s 1943 C ___ M&N 102 34 1st I & ref 514s ser D '49--J& D 100 101 Pennsylvania-Ohio Pow & Lt— 95 1st 1 & ref 5s 1955 ser E ..J& D 96 1st & ref 534s '54 ser A - J&J Inc 534s 1949 - - ____ Inc. 5s 1955__________________ Penn-Ohio Edison 6 34s '27 J&J 98 100 Watertown L & P 5s 1959-J&J Young-Sh R y & L 5s '31- J&J Northern Ohio Pewer— Pennsylvania Power & Light— 92 10-yr 7s 1 9 3 5 ---.......... F&A 94 1st & ref 7s ser A 1951_ F&A _ Northern Ohio Trac & Light— 1st & ref 5s 1952 ser B__ A&O ____ 95 1st consol gold 5s 1933___ J&J 1st & ref 6s 1953 ser C .-.M & S 87 89 1st consol gold 4s 1933___ J&J 1st & ref 5s ser D 1953 --M & S 83 1st lien & ref 5s 1956.........F&A 8434 Pennsylvania Util 6% notes 1926 ____ Penn Water & Power s f 5s '40J&J 99 Secured 6s 1926 ________ J&D Gen & ref 6s 1947 ser A . .M&S 9434 94 34 1st ref 5 34s 1953 ser A ..A & O North Ont L & P 6s Apr '31-J&J 9834 9934 Pensacola El Co 1st 5s '3 1 --F&A Northern States Power Co— People’s G L & Coke, Chicago— 1st & ref 5s 1941...............A&O 9734 1st cons g 6s 1943_______ A&O 9734 105 1st & ref 6s 1941 ser B _ A&O _ 10534 Refunding gold 5s 1947 M&S 11834 119 Conv 634s 1933___ _____ M&N Chic G L & C 1st 5s 1937.-J&J 634% gold notes 1933---M & N 10234 103 Consum Gas 1st g 5s '3 6 --J&D 1st lien 6s 1948 ser A ____M&N 102 34 10334 Ind Nat G&O g 5s '36 gu.M&N Nor States Pow o f Wis— See VVis- Minn L & P Mutual Fuel Gas g 5s '47 M&N Northern Texas Electric Co— People's Traction— See Phila R T 74 Coll tr s f g 5s 1940 op t_ J&J _ 7634 Peoria Bloom & Champ Trac— Northern Texas Traction Co— 1st gold guar 5s 1936____M&N 86 89 1st g 5s 1933 opt 1913___ J&J Peoria Ry 5s 1926 _____F&A ____ ____ Peoria W W Co pr 1 5s '48- -M&N Nor Westch Ltg 5s 1955____J&D Northwestern Electric Co— 1st con 4s 1948_________ M&N 1st gold 6s 1935.........-_-M &N 10234 104 1st con 5s 1948.................M&N Northwestern Elevated (Chic)— Deb 4s 1950 ................M & N 79 80 1st mtge 5s 1941 op t_____M&S Philadelphia Company— 79 Union E l (Loop)5s g '4 5 --A&O 1st coll trust g 5s 1949— M&S 7834 Northwest Gas L & Coke (Chic) Cons M coll tr g 5s 1951-M&N Cicero Gas gen & ref 5s '3 2 -J&J 9834 Northw Teleg— See W U Teleg Norwich(Ct)Gas & E g 5s’27-J&J 100 r 85 Nova Scotia Tr & Pow 5s 1946 Ogden Gas 5s 1945________ M&N 9634 Ohio Pow 1st 7s 1951 ser A ..J & J 106 94 1st & ref 5s 1952 ser B _ J&J _ 103 1st & ref 6s 1953..............M&S 9534 Deb g 6s 2024- ________ J&D Ohio Public Service Co— 1st M & ref 7 34s '46 ser A . A&O 11234 1st & ref 7s '47 ser B _____F&A 11034 1st & ref 5s '54 ser D ____M&S 9134 Ohio River Edison Co— 10134 1st m s f 6s 1948 _______ J&J Ohio Service 1st 6s 1937---M & N 100 Ohio State Telephone— 99 Cons & ref s f 4s-5s 1944.-J&J 98 Ohio Water 6s June 1933________ Oklahoma Gas & Electric— 93 1st M 5s 1950 ...................M&S 98 Debenture gold 6s 1940_ M&S _ 40 Oklahoma Ry 1st & ref 5s '41 _J&J Omaha & Council Bluffs St R y— 74 1st consol g 5s 1 9 2 8 - - _ J&J _ Omaha & Coun Bluffs R y & Br 90 1st cons g 5s Jan 1 1928-- J&J Ontario Pow 5s '43 op to '13 F&A 100 Ontario Transmission Co Ltd— 9334 l s t g u g 5 s '4 5 o p b e f '16 -M&N Orange&Pas Val Ry— SeePSCorp 66 Oregon Elec R y 5s '33 opt--M & N ____ Ottawa Elec 1st g 5s 1933_ J&D _ Ottawa Traction— 1st M & col 534 s J u ly '55- J&D 100 99 Pacific Coast Pow 5s 1940-M&S Pacific Elec Ry g 5s 1 9 4 2 -.-J&J 9134 Los Angeles Pacific Co— 80 1st ref g 4s 1950 opt '1 5 --J&J 95 L A-Pac RR con 5s '31 A&O L A Pa R R Cal 5s ’43--M &S 8534 98 Los Ang & Pas 5s g 1928 J&J 90 Pasadena & M t L 4s '50--J& D Pacific Gas & El ref 5s '42 -J&J 97 34 1st & ref 7s 1940 series A .J&D n o 1st & ref M 6s 1941 ser B J&D 10634 1st & ref 534s 1952 ser C J&D 10134 1st & ref 5s 1955 ser D . .J& D Pacific Gas & Elec (Arizona)— 1st M 6s Jan 1931-_ - J&J Pacific Gas Imp 4s Sept '30 Q-M 10134 Pacific Light & Power Corp— 1st & ref s f g 5s 1951 o p . .M&S 9934 Pac L & P Co 1st 5s '42 - J&J 9934 Guaranteed________________ Pacific Lighting Corp— Pacific Pow & L 1st 5s '3 0 --F&A 1st lien & gen M 8s 1930--F&A Pacific Teleph & Telegraph— 1st & col tr s f g 5s 1937--J&J 2 R ef M 5s 1952 series A _ M&N _ Parr Shoals Pow 5s 1952_ A&O _ Pasa & M t Lowe— See Pac El Ry Paterson Ry— See Pub Serv Corp b Basis. 9934 10134 9834 93 9934 ____ ____ 97 34 10634 9434 104 9634 ____ 111 9134 10234 10134 100 100 94 34 100 45 76 92 10034 93 34 68 ____ 101 ____ ____ 81 ____ ____ ____ ____ 98 11034 ____ 9734 ___ ____ ____ 10034 101 100 10134 9834 95 I This price includes accrued interest, 1st ref & coll tr 6s '44 ser A F&A Conv deb 534s 1938- - - M&S Alleg Belle & Per 5s 1935-A&0 Ardmore Street 5s 1958--A&O Central Trac 1st 5s 1929--J&J Citizens' Trac 1st 5s '2 7 .-A&O Duquesne Light 6s 1949--J&J 1st & coll tr 534s '49 B.J& J Duquesne Trac 1st 5s '3 0 --J&J Fed St & P V 5s M ay 1 '42-J&J Ft Pitt Trac 1st 5s 1935--J&D M illv Et & Sh 5s 19 23---M&N Monong St R y 5s g 1928-J&D W ilk& E P it ls t g 5 s ’29.M &S M orn’side El St R y 5s '33 A&O Mount Washington St Ry— 1st & coll tr gu 5s 1933-A&0 Pitts Alleg & M gen 5s '30 A&O Pitts & Bir Tr 5s g 1929-M&N B K & A Trac 6s 1931--M&S Brownsv Ave 5s 1926--F&A W Liberty 1st g 5s '3 0 --J&J Pitts & Charleroi 5s '3 2 .-M&N Pittsb Rys 5s 1953 - - A&O Pitts Trac 1st 5s 1927_ A&O _ So Trac 1st & coll t r g 5 s ’50A& 0 2d Ave Tr 1st 5s 1934____J&D Gold 5s July 1933-.........J&J United Trac 5s 1997 ctfs.-J& J West End Trac con 5s '38-J&J Phila Elect 1st 5s 1966------- A&O 1st M 4s 1966. - _____A&O 1st lien & ref 6s 1941____J&D 1st & ref 5 34s 1947 ____J&D 1st lien & ref 534s 1953--M&N First lien & ref 5s 1960---- J&J Phila & Garretsford St Ry— 1st 5s 1955______________F&A Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f_.F & A S f guar 5s '62 opt '17____M&S 6s gold 1962.....................M&S Eq tr 534s ’26-'33 (s-a)..F & A Eq 534s ’26-’34 (y r)..J & D 15 Darby Media & Ches St Ry 1st 434s '36 opt '16 gu.-J& J Hest Mantua & Fairm 534 s '34 Market Street Elev Pass Ry 1st g gu 4s 1955_____ M&N Union Traction— Elec & Peo 4s tr ctfs '4 5 -A&O People’s Traction Co— P P R v t r ctfs 4s '43 -F&A W Phila Pass 2d 5s '26.M&N Philadelphia Suburban Gas & Elec 1st M & ref g 5s '60 op '15 F&A Gen M 6s 1969 _______ J&D 1st consol 6s 1943-----------J&D Phila & W Ches Tr 4s 1954.-J&J Phila & West R y 5s I960____J&J Pine Bluff Co 5s 1942______ J&J 1st 6s 1942.........- ......... ...J & J Pitts Alleg & Man— See Phila Co Pitts & Birm Tr— See Phila Co Pitts & Charleroi— See Phila Co P M cK & Con— See W Penn Rys Pittsburgh Trac— See Phila Co Pittsburgh Rys— See Phila Co Pontiac Eight 1st 5s 1927--J&J Portland (Me) El 5s '26 opt F&A Portland (Ore) Elec Power Co— ls t l & ref 6s 1947 ser B ..M & N Portland (Ore) Gas & Coke— 1st & ref g 5s '40 opt '20 J&J 1st general 7s 1940- - - J&J Portland Gas 1st 5s 1951-F&A k Last sale. I In L ondon , 9934 94 95 104 125 9934 103 34 10134 9534 ___ 97 34 10034 ____ 103 95 10234 97 102 98 9334 94 99 98 9734 10034 96 106 97 3* 105 97 3* 9934 101 10134 91 110^6 98 10134 10034 91 9834 88 ____ 94 6934 82 35 103 96 9534 10354 983* 80 5934 80 85 105 104 34 82 75 73 80 84 82 78 8434 82 83 85 80 80 77 78 83 65 73 80 61 77 10234 85 10734 10634 106 101 80 84 _ _- 98 99 99 80 __- 8534 58 61 99 99 102 10334 75 93 95 10334 99 9834 9934 9634 10434 n N om inal. B onds. Bid. A sk. 60 82 A sk. 64 85 Portland (Me) RR 3 34s 1951 J&J 101 1st 1 & con m 5s 1945-- M&N 9534 Portland Ry Lt & Power— 88 % 1st & ref s f 5s 1942 op . -F&A 983* 1st & ref 6s 1947 series B.M&N 1st 1 & ref 7 34s '46 ser A.M&N 1063* 923* Portl’d Ry ref 5s '30 op.-M & N 90 City & Sub con 4s '30- J&D 9934 10034 Port Gen Elec 1st 5s '3 5 --J&J 104 9934 Portland (Me) Water 4s '27-F&A 10234 97 1st g 5s Nov 1 1936 o p . M&N r 88 Gen & ref 5s £ 1962_____M&N r 76 9634 Porto Rico Telep 6s 1944 ..J& D 101 99 Potomac Edison Co— 10134 10234 1st M 634s 1948-- _ ..M & N ____ 993* 1st M 6s 1949 - - - - - M&N 100 10354 Potomac El Pow 5s '29 op .-J& D 99 34 9634 Cons M g 5s 1936 guar . J&J 104 Gen lien & ref 6s 1953 _ A&O 10534 _ Refunding 7s 1 9 4 1 ______ A&O 1063* 98 Power Corp o f N Y —■ ____ 1st M 634s 1942 Ser A M&N 10434 9934 1st M s f 6s 1942 Ser B .M &N ___ 99 Deb g 634s 1927________ F&A 94 88 Power Secur coll tr 6s '49 J&D Incomes June 1949 - - -F&A / 78 97 Prov Secur— See Steam R R ’s— 100 Public Service Co of Colorado— 101 Conv s f deb 7s 1933_____A&O 99 9854 1st & ref 6s 1953 series A .M &S 9834 9334 10134 Public Service Co o f Nor HI— 97 9634 1st & ref g 5s 1956 op '21 A&O 1st ref 534s 1962. - --------- J&D 10134 10654 Public Service Co of Oklahoma— 99 9734 1st M 6s series B 1949- -M&S 105 54 Public Service Corp of N J— 9754 Trust certs 6 % perpet . M&N 10034 10034 Gen g 5s Oct 1 1959 op A&O 1043* 102 9934 Secured 6s 1944 _ - -F&A _ 80 103 Camden Sub 1st 5s 1946--J&J ____ 67 Cons Trac 1st 5s 1933 - J&D Eliz Plainf & Cent Jersey Ry— ____ 70 1st g 5s Dec 1 1950 J&D 78 99 Elizabeth & Trent 5s '62.A & 0 54 10134 J C Hob & Pat 4s 1949--M&N 84 10054 Newark Pass con 5s '30. -J&J 97 9134 Newark Term Ry 5s '55 -J&D ____ 93 N Hud Co Ry cons 5 s '28 _J&J 2d 5s ext at 6% to '26.M&N 100 89 Nor Jer St Ry 4s 1948 -M&N ____ 65 Or & Pass Val 1st 5s '38 -J&D ____ 85 Paterson Ry— Con 6sg’31 J&D ____ 60 2d 6s '14 ext 5% to '44.A & 0 78 Riverside Trac 5s I9 6 0 .-J&D ____ So Jersey Gas El & Trac— ____ 9734 Guar g 5s Mar 1 1953 -M&S Public Service Elec Pow Co— ____ 1st M s f 6s 1948___ __ -A&O 1063* ____ Public Service Elec & Gas Co— 9634 10334 104 103 34 1st & ref 5 34s 1964_____-A&O 9834 Public Utilities Evansville— ____ 100 1st & ref 6s 1929------- — J&J ____ Puget Sound Power Co— 85 9934 1st g gu 5s 1933 o p t ------J&D 95 Puget Sound Power & Light— 10534 9934 1st & ref 534s 1949______J&D 105 54 Puget Sound Electric Ry— 89 87 1st consol g 5s '32 op _F&A 78 Tacoma Rv & P 5s '29.A & 0 9834 7734 10134 Wash Coast Util 6s 1941--------87 Quebec Power Co— ____ 1st M s f 6s 1953 ser A.A & O 1023* ____ Quebec R y Lt H & Pow— ____ Cons g 5s 1939 o p t .. . J&D r 93 99 3* Oueens Bor Gas & El 5s '52.J&J 87 Ref 6s 1953______________M&S 1043* ____ Quincv (111) Gas Elec & Heat— 93 87 1st cons g 5s 1935 op '10-M &S 99 90 Quincv G & E 5s 1929----M&S ____ Quincy (HI) R y 5s 1932---F& A 87 ____ Racine (Wis) Water 5s '31.M &N 95 81 93 Railway & Light Sec 5s v a r . ---____ Rap Tr St Ry— See Pub Ser Corp 99 85 Reading Trac 6s 1 9 3 3 - ------- J&J 70 Red Wing G L & P— See Wis-Min n L & P 77 Rhinelander Light & Power Co— 85 1st g 6s 1936— - - - --J& J 103 63 Rhine-Westphalia El Pr (Germ’y) ____ 81 Mtge g 7s 1950-------------- M&N — 103 Rhode Island Sub 4s 1950.-J&J 86 Richmond (S I) Lt & R R — 77 10754 1st coll tr g 4s 1952-----------J&J ____ Rio de Janeiro Tram Lt & P— 93 10634 1st g 5s 1935------------------- J&J 10134 Riverside Trac— See Pub Ser c o rp 99 3* Roanoke G L 5s 1927--------- A&O 82 Roanoke Rv & El 5s 1953..F&A 9434 92 Roanoke Tr & Lt 5s 1958--F&A — 86 1st g 5s 1950 ser A . . . — J&J ____ Rochester Gas & Elec Corp— Gen M 7s 1946 series B ..M & S 11234 9834 ___ Gen M 534s 1948 series C-M & S 10434 ___ Roch Ry & Lt 5s ’54 op t------J&J 1003* — Tax exempt---------------------- — 95>3 82 Roch R v cons 5s g 1930--A&O 88 99 2d 5s g 1933. ...J & D Rochester & Syracuse R R — ____ 40 1st M conv 5s 1957------M&N 99 Roch Telep gen 5s 1933 — A&O 59 1st & ref 6s 1946--------------A&O 1043^ Rockford (111) Electric Co— 99 62 1st & ref s f 5s '39 op '14.M&S ____ Rome (Ga) R y & L 5s '4 6 .-A&O 79 Rome (N Y) Gas, Elec Lt & P— 97 101 1st 5s 1931__________ -J&D 104 85 10434 Rumford Falls Pow 4s 1945-A&0 95 Gen M 434s Dec 1929---J&D — 95 Rutland Ry Lt & P 1st 5s’46-M&S 97 Sacramento Elec Gas & Ry— ____ 105 Cons 5s N ov 1 1927._ - M&N St Charles St RR— See N Orl Ry & Lt St Clair County (111) Gas & El— 1st cons guar 5s 1959------M&S 9534 St Joseph Gas— 1st 5s 1937--J&J 9234 St Joseph R v. Lt Heat & Power— 91 1st g 5s Nov 1 1937------- M&N 100 St Louis R R — See Un Rys (St L) St Louis Springf & Peoria RR — 1st & ref gu g 5s '39 op t-.J& D 8634 100 St Louis & Springf 5s ‘33-J&D 1023* St L & Sub Ry— See Un Rys(St L) 9734 St L Tran— See Un Rys (St L) 10534 St Maurice Power Ltd— 1st M 634s 1953_________ F&A rl08 >Canadian price. Sale price. 893* 100 10634 9434 92 9934 100 — — 103 103 ^ 1003* ----1 100 — 107 101 — 91 83 102 9934 943* 9/ 102 100 101 105 9934 82 69 — — 56 87 98 — -----91 — — — — 9834 106^ 1033* 103 34 101 100 3^ — 91 100 103 103 ^ 94 993* — - r— 100^ 89 98 — 100 — 94 — 80 933* 100 94 — —— --— -- — 90 43 101 106 — — 100 90 98 — — 9534 — 9234 87 — 109 40 PUBLIC UTILITY BONDS N O T IC E .— All bon B onds. Bid. A sk. St Paul City R y— See Twin City R T St Paul Gas Light— Gen gold 5s 1944 _ _ _M&S 100 34 101 Gen & ref 5 Ms 1954 ser B .J& D 101 10134 Gen & ref 6s 1952______ .J&J 103 10434 Salisbury & Spencer— See No Car o Pub S erv Salmon Riv Pow gu 5s '52 op F&A 10034 102 Salt Lake Term 6s 1935____J&D Salt River Val Water Users Assn 6s 1938__________________ F&A 100 10234 San Antonio G & E 5s 1949-M&S 97 99 8an Antonio Public Service— 1st ref 6s 1952 series A _ J&J _ 101 % 101?* San Diego Consol Gas & Elec— 1st g 5s 1939 opt 1914_ M&S 100 _ 101 1st & ref 6s 1939 ser A ..M & S 10134 10234 1st & ref 5s 1947 ser B ..M & S 93 94 1st & ref 6s 1947 ser O _ M&S 10134 10234 _ Sand Frem & So R y— See Lake Sh El Ry San Fran G & E 4 34s 1933.-M &N 95 98 Not callable__________________ 96 34 San Joaquin Lt & Power Corp— 1st & ref g 6s '50 ser A ..F & A 1 0 2 54 Series B ____ _ _ ______ 102 34 103 Series C ______________ 1 0 3 34 10334 Unif & ref 7s 1951_______ M&S 106 34 108 Unif & ref 6s 1952 ser B ..M & S 100 34 10034 ____ Unif & ref 6s M ay 1 '54 E .M & S San Joaquin Light & Power— 1st 5s 1945 opt aft ’ 1 0 .-J&D 99 34 00 X Santiago (Cuba) Elec Lt & Tr— 1st g 6s 1959 opt 1919____J&J 95 07 Sao Paulo Tram. Lt & Pr, Ltd— ____ 1st g 5s June 1 1929_____J&D r 94 34 Sauda Falls Co Ltd— 98 1st s f 5s 1955 ser A ...A & 0 08X Savannah Elec & Power Co— 1st & ref 734s 1942 ser A.A & O 10634 10834 93 Savannah Elec Co 5s g '52. J&J 95 Saxon Public Works, Inc— 93 1st M sink fund 7s 1945 .F&A 9334 93 Sayre (Pa) Elec 5s 1947____A&O 96 Schenectady Railway Co— 67 1st M 5s 1946 opt 1919_ M&S _ 70 __ Schuylk Trac— 1st 5s 1 9 4 3 ..A&O Scranton Elec 5s '37 opt T2.J& J 100 10134 ____ 8% gold bonds Jan ’3 1 .-A&O Scranton Ry— 1st 5s N ov ’32. J&J 77 80 1st & ref 5s 1 9 4 7 ... ..F & A 70 74 Scran Trac 1st 6s g ’3 2 ..M & N 9334 Scran & Wilkes-Barre Tr Corp— 96 Coll trust 6s 1934 _ ____ A&O _ 1st & ref 5s 1951 ________ F&A 83 8134 Seattle Elec 1st g 5s ’30 opt.F & A 100 Con & refg s f 5s 1929____F&A 100 Seattle-Everett Traction— 92 1st M g 5s 1939 opt 1914.-M&S 94 ____ Seattle Ltg 1st 5s '44 opt ’ 10 M&S 99 R e f g 5s 1949 opt 1914 ..A & O 9134 9334 Gen Mtge 7s 1929 J&J 10034 Second Ave— See N Y R ys______ Second Ave Trac— See Phila Co— Seneca Pow Corp 6s 1946.-M&S 100 10134 Shawinigan Water & Power— 101 102 1st cons 8 f 5s 1934............J&J 1st ref 534s Jan 1 1950...J& D 104 10434 1st ref 6s 1950. ______ ..J & J 105 10534 Sheboygan Elec— See East Wis El ec Co Shrevep Rys— 1st 5s ’26-’44.J&J Sierra & San Francisco Power— 91 1st g 5s 1949 op t___ _.F& A 9134 90 92 2d M 6s 1949 series A _ J&J _ 2d M 5s 1949 series B ___ J&J 7534 7634 Sioux City Gas & Electric Co— 1st 25-jr 534s 1950 ser C .F& A 97 X Somerset Un & Middlesex Lt£— 85 M tge g 4s Dec 1 1943___ J&D So Bend & Mishawaka Gas— Cons g 5s 1926 opt 1908_ J&J _ So Car Gas & El 6s ’42..M & S15 83 8334 ___ 75 Conv 6s Dec 15 ’32..J& D15 South Cov & Cin St Ry— See Cin New & Cov Ry South Ferry— See N Y Rys— South Jer G E & T — See Pub Serv Corp South Pittsburgh Water Co— 92 1st lien & ref 5s 1960 ser A J&J Southeastern Power & Light— 99 98 Deb 6s (with warr) 2025.M&S Southern Bell Telep & Teleg— 10134 1st s f g 5s 1941 opt 1916.. J&J 101 1st & ref 5s 1954 Ser A ___ F&A Sou B'vard— See Third Ave R v— Southern California Edison— 99 100 Gen g 5s N ov 1939 o p t...J & J Gen & ref g 6s 1944 _ F&A 104 X _ 105 102 Refund 6s 1943_________ A&O 103 95 h Gen & ref 5s 1944 . . . .F&A Southern Cal Gas 6s 19 50..M&N 103 1st & ref 6s 1958 series C . J&D 100 X ____ 1st & ref 7s 1951 series A..M &S Southern Calif Telephone— 9734 1st M 5s 1947 . 9834 Southern Canada Pr Co Ltd— 1st & ref 6s 1948 M&S r _ __ 97 1st M 5s 1955 series A .A & O r 95 Southern Colorado Power Co— 1st g 6s 1947 series A J&J 9834 9834 Southern Counties Gas Co o f Calii 98 1st g 534s M ay 1936 ..M & N Southern Gas Co— 1st 6)4s 1935 with w ar..M & N 9834 Southern Gas & Power Corp— 101 Conv 6% notes 1930____J&D Southern Illinois Lt & Power— 1st M 6s 1931 o p t________ J&J Southern Indiana Gas & Elec— Deb 7s 1934______ ______ J&J South N E Telep 1st 5s ’4 8 ..J&D Southern Ohio Elec Co— 1st M 6s 1955___________ J&D Southern Pow 5s 1930 o p t. .M&S Southern Sierras Power— 1st s f gu 6s Sept ’36 op '18. J&J Southern Trac— See Phila Co— Southern Utilities 6s 1933.-A&O Southern Wisconsin Elec Co— 1st g 6s 1 9 36--. _____ ..J& J Southern Wise Pow 5s '3 8 .-A&O Southwestern Bell Telep— 1st & ref M 5s 1954 ser A .F & A Southwest G & E 5s 1 9 3 2 ..F&A Gen M 6s 1957__________ M&N Southwestern Light & Power— 1st & col 6s 1937.............M&S Southwest Power Co— 1st M 634s 1944 series A.M & N [V ol. 121. prices are “ and interest” except where marked “ f ” and income and defaulted bonds. 10234 104 99 10534 101 __ 9934 100 10034 102X 10334 102 98J4 91 100 9234 100 X 10034 97 34 9834 9634 07 X 07 X 99 9934 B onds. Southwestern Power & Light— 1st lien 5s 1943 . ____J&D Deb g 6s 2022 series A M&S Southwestern Public Service Co— 1st M s f 6s 1945 ser A . . .J&J 3 W Missouri RR 5s 1931 .M &S S W M o El Ry ref 5s ’2 3 .-M&S Spring Br’k Water— 5s g ’26. A&O 1st ref 5s 1965__________ A&O Spring Val Wat 1st 5s ’4 3 ..M&N Springfield (O) Lt, Ht & Power— 1st s f g 5s 1929 ______ F&A General & ref 5s 1933____A&O Springfield & N E Tr— 1st 5s 1936................. -J&D Springfield (M o) Ry & Lt Co— 1st s f g 5s 1926 op t____M&N Springfield (O) R y 1st 5s ’35 M&S 1st M 5s 1926-1935_____M&S Standard Gas & Elec of Delaware Bid. 94 X 93 95 94 95 99 100 99 34 08 X 10034 9834 00 98 X 9934 83 100 45 99 Staten Island Edison Corp— Ref & impt 634s '53 ser A.J& J 10534 Steinway Ry— See N Y & Queens Co Ry Suburban Gas Co of Philadelphia 1st s f g 5s Apr 1 ’ 52 op ’07 A&O 100 Superior Water, Light & Power— ____ 1st 4s M ay 1931______ M&N R ef 5s 1929____________ M&S Syracuse Gas g 5s 1946 _ J&J _ Syracuse Lake Shore & North— 22 1st M g 5s ’47 opt ’ 17 ...M & N Syracuse Lighting 5s g 1951. J&D 09X 77 Sjrac Rap Tr 1st g 5s 1946.M&S 80 2d mtge g 5s 1930 . . .J&J Tacoma R y & P— See Puget Soun d Elec Tampa Electric Co— 1st M g 5s 1933 s f op _ J&D _ 9934 Tampa Gas 5s 1937 opt ..M & N 9634 Tennessee Electric Power— 1st & ref 6s 1947 ser A . J&D 102 X 94 34 Tenn Pow gu 5s 1962 op t. .M&N ____ Tenn Water 1st 5s 1946_ M&S _ Terre Haute Indianap & East— 70 1st & ref s f g 5s ’45 opt .A&O Terre Haute Trac & Light— 1st con M g 5s 1944 __M&N 92 34 Terre Haute El 5s 1929_ J&J _ 9934 Terre Haute W W Corp— ____ 1st M 6s 1949 ser A ______J&D _ 9734 Texarkana G & E 5s 1930_ J&J 70 Tex Elec Ry deb 6s 1942___ J&J ____ 1st & ref 5s 1947_________ J&J Tex Trac 1st 5s '37 op t_ J&J _ Texas Pow & Lt 1st 5s '3 7 .-J&D 9734 Deb g 6s 2022 ser A__ ..J & J 9534 Third Avenue Ry (New York)— 55 1st ref g 4s 1960 opt aft '14 J&J Adj inc g 5s Jan 1960 opt.A&O f 4 0 X 03 X Dry Dock E Bway & Battery 78 1st 5s gold 1 9 3 2 ._____J&D 4 New ref M ser C income____ 42d St M & St N 1st 6s 1920 ext 90 at 5% to 1940________M&S 60 Sou Boulevard g 5s 1945..J&J 78 Union Ry 1st 5s g 1942..F&A 67 Westchester El 1st 5s g ’43 J&J 68 Yonkers Ry 1st 5s 1946. .A&O Thirty-fourth St Crosstown— See NVKys Tidewater Pr 1st & ref 6s’42. A&O 100 97 1st & ref 534s 1945 ser B ..A & O Toho Electric Power (Japan)— 90 1st s f 7s 1955 ser A ...M & S15 Tokyo Elec Light Co (Japan)— 6% 3-year gold notes 1928.F&A 9834 Toledo Bowl Green & Southern 73 1st M 6s 1941__________ M&N Toledo Edison 1st 7s 1941. M&S 10834 1st M 5s 1 9 4 7 . . ___ __ _M&S 9834 Tol Frem & Norw— See Lake Shor e E! Ry i’ ol G E & H con 1st g 5s '35 A&O 9834 88 Tol & Indiana 1st 5s 1931_ J&J _ Toledo Traction Light & Power— 07 X 5 34 % notes July 15 1930 - J&J 15 Tol & West Ry 1st g 5s ’26 J&J / -----Unstamped _______________ f . . . . Topeka Edison 5s Sept 1930.J&J 98 34 94 Topeka Ry 5s 1930 opt 1915. J&J 92 Topeka Ry & L 1st 5s 1933.F&A Trenton G & El g 5s 1949 _M&S 99 34 55 Trenton St Ry con g 5s '3 8 ..J&J 80 Trenton Pass 6s Sept 30 '31 A&O Tri-City Ry & Light— 1st & ref g 5s 1930 o p t _ J&J _ 9834 Tri-State Telep & Teleg— 534s 1942_______________M&N Troy City Ry— See Un Tr (Alb) Troy Gas 2d 6s '23 ext to ’33 F&A 102 89 Consol 5s 1939.. . .M &N 28th & 29th Sts— See 3d Ave Ry Twin City Rapid Transit Co— " A sk. 10034 100 10734 25 10134 80 85 10234 9534 75 94 10034 75 80 9834 9634 5534 41 9434 10 85 70 75 102 9834 90 34 9834 109 99 34 99 34 90 98 95 10334 99 103 100 103 1st cons 6s g 1934 . .A&O 103 Cable con 5s 1937. . J&J15 9534 100 Minn St & St Paul City— 98 Cons guar g 5s 1928 .A&O 9734 99 100 Twin City Telep 5s 1926___ J&J Twin States Gas & Electric— 1st & ref 5s Oct 1953_ A&O _ 9234 9334 1st 1& ref 534s 1945 Ser A.M&S 9834 9734 Tyrol Hydro-Elec Pow Co— 1st M s f 734s 1955___________ s 9634 s 97 Ujigawa Elec Power (Japan)— 1st M s f 7s 1945____ M&S 15 9034 9134 Underground Elec Ry of London 96 434s Jan 1 1 9 3 3 . _____-J&J 92 34 ____ Income 6s Jan 1 1948. ______ f 9134 Union Depot— See United Rys St Louis Union El Lt & Pow Co of St L— 1st g 5s Sept 1 1932 stpd. M&S 10134 10134 Ref & ext 5s ’33 op aft ’ 18 M&N 100 10034 Union Elev RR — See N W Elev Union Ry— See Third Ave Ry Union Ry Gas & Elec Co (111)— Coll tr g 5s 1939 conv o p ..J & J 10034 101 Union Trac Co of Indiana— 19 24 1st 5s T9 ext at 6% t o '’22 J&J Indianap North 5s 1932. .J&J 2334 2434 5 Mun &*Un City 5s 1936.-J&J United Elec Lt & Power Balt— ____ 1st cons g 434s 1929_____M&N 9834 Unit Elec Co of N J 4s ’4 9 .-J&D 8734 8834 B onds. A sk. 69 62 52 72 10234 103 100 93 95 9734 99 34 9434 96 99)4 9934 40 Del Co & Phi tr ctfs 4s ’4 9 .J&J 64 United Rys tr ctfs 4s ’4 9 ..J& J 106 United Pub Util 6s 1943_ J&J _ Unit Rys & Elec (Baltimore)— 66 X 1st consol g 4s 1949_____M&S 1st con M 6s 1949 ______ M&S 02 X Income g 4s 1949 op ’2 9 .-J&D 4834 Inc funding g 5s 1936____J&D 67 X 6% gold notes 1 9 2 7 . ------F&A 9734 Balt Sparrows Pt & Ches— 1st g gu 434s 1953------F&A Balt Tr Co 1st M 5s ’29.M & N No Balt Div 1st 5s ’42. - J&D 99 Cent Ry con M g 5s 1932.M&N 99 Ext & imp 5s 1932___ M&S 99 Lake Ro El 1st 5s ’42.M & S United Railways o f Havana— Eq 734s Feb 15 ’36____F&A 15 110 Unit Rys (Phila)— See Unit P & T United Rys of St Louis— 6% receivers ctfs 1926_ A&O 10034 _ Gen g 4s July 1 1934 ____J&J , 72 Gen g 58 Apr 1 1923 gu.-A & O / 8234 St Louis Trans Co 5s ’2 4 .-A&O / 71 United Rys Investment Co— 1st lien coll tr s f g 5s ’2 6 .-M&N 9934 Stamped___________________ 9934 United Traction (Albany)— 46 Con g 434s 20 04.............. J&D Albany R y con M 5s g ’30-J&J 7334 49 Gen g 5s 1947_________ J&D 49 Troy City Ry 5s g 1 9 4 2 ..A&O Unit 'Tr (Pittsb)— See Phila Co ____ United Util 1st 6s ’43 op ’ 18.J&J ____ U 8 Pub Serv 1st 6s ’2 7 - - . -F&A U S Telephone 1st 7s 1921 ext to 104 1941________________ ____ J&D Urbana & Cham Ry G & E— _______ 5s 1929 .. .. ... Utah Gas & Coke 1st 5s ’3 6 ..J&J 9134 94 Utah Lt & P cons g 4s ’3 0 .-J&J 99 P 1 5s 1930_______________J&J Utah Light & Traction— 1st & ref 5s 1944 series A .A & O 87 X 94 X Utah P & L 1st 5s 1944___ F&A Deb 6s M ay 1 2022____ M&N 92 34 1st 1 & gen M 6s 1944___ F&A 10234 Utica El & P 1st 5s 1950...J & J 101 H Utica G & El ref & ext 5s ’57 J&J 100 x Gen 534s 1949________ J&D15 10134 Utica & Mohawk Valley R y— 64 1st g 434s 1941______ ...M & S 85 Utica Belt L 1st g 5s ’3 9 .-M &N ____ Valley Counties Pow 5s ’30-M&N Vermont Hydro-Elec Corp— 100 1st M 6s 1929.. . . . ...A & O 97 Vermont Pow & Ltg 5s ’27..M &S Vicksburg Gas Co— 95 Serial 6s 1927-1945.. ...J & J 94 Vicksburg L & Tr 1st 5s ’3 2 ..J&J 99 1st M 7s 1932 . ______ J&J 94 Debenture 6s 1930______ M&S Virginian Pow 1st 5s 1942..J&D 93 Virginia Elec & Power Co— 1st & ref 5s 1955 _____ .A&O 9134 Virginia Ry & Power— 1st & ref g 5s 1934_______ J&J 9734 99 N orf & Atl Term 5s ’2 9 .-M&S N orf & Ports Tr 5s ’36_ J&D _ 9534 Virginia-Western Power— 1st M 6s 1953.. . . . .J&J 100 Wash Alexandria & M t Vernon— 1st g 5s 1955 opt . . .M & S / 10 Certificates________________ I 8 Washington Balt & Ann El— 1st M 5s Mar 1941 op _ M&S _ 7134 Wash Coast Util— See Puget Sd P ow & L Wash’n (D O) G L 5s I 9 6 0 ..M&N 98 6s M 1933 series A . . ..A & O 102 X Wash Ry & El g 4s 1951____J&D 70 X Gen & ref 6s 1933 . . M&N 102 Anacost & Pot 5s 1949_ A&O _ 92 34 9234 City & Sub 5s g 1948____F&A 85 Washington Water Power Co— Consol & coll tr g 5s 1929.-J&J 10034 1st ref 5s 1939 o p ________ J&J 10134 Waterloo Ced Falls & No R y— 1st M s f g 5s 1940 op ’ 15..J& J / 9 Certificates o f d eposit.. / 9 Watert’n L&P— See No N Y Util Westchester Elec— See 3d Av Ry Westchester Lt 1st g 5s ’50 J&D 10134 N Y Sub Gas— 1st g 5s ’49.M&S West Chester (Pa) St Ry— 67 1st g 5s Aug 7 1932.. . .F&A West End St Ry— See Boston El West Kentucky Elec Power— 1st M 534s 1955 series A .M & S 9234 West Liberty St Ry— See Phila Co West Penn Power— 1st M 5s ’46 op ’ 21 ser A.M&S 99 34 1st M 5s 1963 series E ____M&S 9934 1st M 5s 1953 series F _ A&O _ 10434 1st M 7s 1946 series D ___ M&S 10634 West Penn Railways Co—• 1st g 5s Jan 1 1931______ A&O Deb g 6!4s 1927..........._. A&0 9634 Pitts M cKees & Connells RR 1st cons 5s Jan 1 ’31____J&J 9634 ____ West Penn Tr 1st 5s 1960..J& D W Phila Pass R y— See Phila R T 98 100 9534 92 9634 10034 10034 67 67 50 9834 83 100 99 100 100 100 111 10034 72J4 85 100 48 52 62 10534 93 96 10034 8734 95 9334 104 10234 70 90 101 100 96 96 94 9234 9834 9934 9634 102 15 7234 9834 10334 80 8634 13 12 10134 73 93 9934 9934 ____ 107 97 9734 89 100 a Purchaser also pays accrued dividend, b Basis, d Price per share, not per cent. / This price includes accrued interest, oPer cent o f par value, r Canadian price, s Sale price, x Ex-dividend, y Ex-rights. Bid. United Elec Rys (Providence)— Prior lien M 4s Jan 1946 ser B_ Gen ref M 5s Jan 1951 ser A . . Gen ref M 4s Jan. 1951 ser B ._ United Electric Securities Co— Coll tr g 5s 1933 to 1955--F&A United Fuel Gas 6s 1936 - J&J 734s Aug 15 1931_____F&A15 United G & E Corp 6s ’4 5 .-A&O United Gas & El (fj F) 5s ’32.J&J United Ilium Co New Haven— 1st 4s Feb 1 1940 _______ F&A United Light & Power Co— D ebg 6 34s 1974_________ M&N 534% g notes 1928 ..M & S 1st 1 & consol 534s 1959 .A&O Deb g 6s 1975 . . . . .M &N United Lt & Rys 1st 5s ’3 2 .-J&D Conv deb 6s 1926_______ M&N 1st 1 & cons M 6s ’52 ser A.A& O k hast sale, n Nominal. D ec., 1925.] 41 PUBLIC UTILITY BONDS AND STOCKS N O T IC E.— All bond prices are “ and interest” except where marked “ f ” and income and defaulted bonds. B onds an d Stocks. Bid. West Va L H & P 6s 1929..J& D 100% West Va Utilities 6s 1 9 3 5 ...J&J 94 Westerly L & P 5s 1937___ J&D Western N Y Utilities 5s 56-J&D 96 % Western Power Corp— Deb s f 6 % s 1954________ J&D 100 Western Public Service Co— 1st M 6s ser A 1950____ A&O 97 % Western States Gas & Electric—1st & ref 5s 1941 op t____ J&D 97% 1st & unif 6s 1947 ser A..M & S 99 6% gold notes 1937_____A&O 94 % Western T & T coll tr g 5s ’32 J&J 99% Western United Corporation— Coll trust 6% notes 1940--J&J 100 Col tr 545 % notes’30 ser E J&D 99% Western United Gas & Elec Co— Gen M 5s 1950___________ F&A 98 Gen M 6s 1950___________ F&A 101 West Un Teleg coll tr 5s 1938-J&J 101% Fdg & R E M 4 % s g ’50..M & N 97% 6% s Aug 11936__________ F&A 111 M ut Un6s ext at 5% to’41.M&N 99% Northw’n gu g 4% s 1934--J&J 95 Westphalia United El Pr (Germ) 1st M s f 6% s 1950______J&D Whatcom Co Ry&Lt 5s '35.M&N 93 Wheeling (W Va) Electric Co— 1st M 5s 1941 op t_______ M&N 97% Wheeling Public Service Co— 75 Cons 1st 6s Oct 1952_________ Wheeling Trac 5s g 1931___ J&J 88 Wichita RR & Lt ref 5s ’32-A & 0 84% Wilkes-Barre G&E 5s’55opt-J& J 99 Wilkes-Barre & Hazleton R R — 1st coll tr g 5s 1951___ M&N15 44 Wilk & E Pitts St Ry— SeePhil Co W ’msport Gas—-1st g 5s ’39-F&A 98 Wilmington & Chester Traction—■ Coll trust 6s ext 1933____A&O 92% Wilmington (Del) Gas Co— l s t & r e f s f 5s 1949______ M&S 93% 1st & ref 6s 1949__________M&S 101% lst& re f7 s 1949__________M&S 103 Wilmington (Del) Lt & Pow Co— 94% 1st M 5s 1960___________ A&O Winnipeg El— 1st ref 5s ’3 5 --J&J 93 % Gen M 6s 1943__________ M&S Winnipeg E L St R y 5s ’2 7 --J&J r _ _ Wisconsin Electric Power Co—1st M 5s 1954 ser A _____F&A 98 Wisconsin Gas & Electric— 1st g 5s 1952 opt 1919___ J&D 99 Wisconsin-Minn Light & Power— 1st & ref 5s 1944 opt ’ 19-.M &N 95% Gen & ref 7s 1947_________J&J 103% r Red Wing G L & P 5s 1926___ 100 Wisconsin Power & Light Co— 1st & ref 5s 1946_________ J&D 92 1st 1 & d 6s 1944 ser O-.M & N 100 Wisconsin Public Service Corp—• 1st 1& ref 6s 1952 ser A ...A & O 101 97 1st & ref 5s 1942_________ J&J Wisconsin Ry Light & Power— 1st & ref 5s 1933__________F&A 94% Wiscon Riv Pow 1st 5s ’41 ..M & N 91 Wisconsin Trac L H & Power—■ 1st M 5s 1931___________ J&J 98 105% 7% s 1 9 3 1 ------------ ---------------Wisconsin Valley Electric— 1st & ref 5s 1942________ M&N 97 1st mtge 5%s 1942______ M&N 101% Worcester & Conn Eastern Ry— 1st s f g 4% s 1953________ J&J 76 Wore Con St Ry 6% s 1930-F&A 1st & ref g 4% ° 1930_____F&A 85 Deb gold 5s 1927_______ M&N 90 Wore & Clint 7s 1930_____J&J 70 Worcester Gas Light Co— 1st M 5% s 1939 series A —J&J 105 1st M 6s 1939___________ J&J 105 Wore & So St Ry 7s 1928--M&S 85 Yadkin River Pow 1st 5s ’41.A&O 98% Yarmouth Light & Power, Ltd— 1st M 5s 1937___________ A&O 84 1st refunding 8s 1951------M&N 98 Yonkers Ry— See Third Ave Ry York Haven Water & Power— 1st 5s June 1 1951_______ J&D 98 Cons M 5s M ay 1 1957--M&N 90 York Rys 1st M g 5s ’37 opt.J& D 94% Youghiogheny Hydro-El Corp— 1st M 6s 1949__________ A&O 101 Youngstown & Ohio River— i 1st M g 5s 1939 opt 1915--A&O Youngs-Shar R y & Lt— See Pa-O P & L Youngs-Shar Ry & Lt— See Mah& S Ry & Zanesv R y L & P— See Col New & Zanesv Ask Stocks. Par. Bid. A sk. 32 35 101% Arizona Power_______________100 83 Preferred_________________ lOO 80 96 Arkansas Cent Power, $7 pref (t) d 101 % _ 97% Arkansas Light & Pow com _ 100 100 101 Preferred_________________ lOO 99 6% Arkansas Natural Gas________ 10 d 6% 101 Asheville Pr & Lt $7 pref____(j) d 101 35" 98% Assoc’d Gas & El com Cl A __(t) d 34 52 Preferred (original)________ (+) 50 84 80 Pref 6% dividend series____(f) 98% Pref 7% dividend series____(f) 96 99% Option warrants________ 34 36" 95% Augusta-Aiken R y & E l______ 100 100 Preferred_________________ lOO 46 Baltimore Electric pref_______ 50 d 45% 102 Bangor Ry & El common_____100 114 101 Preferred_________________ lOO 101 Baton Rouge Elec C o________ (t) d 55 102“ Bell Telephone (Canada)_____1O0 r 139 103 Birmingham Elec $7 pref____(f) d 102 95 97% Blackstone Val Gas & E _______ 50 d 93 Preferred_________________ lOO 102% 111% Bleeck St & Ful Fy— See N Y Rys 107% 96“ Boston Consol Gas, pref_____lOO 106 81 Boston Elevated RR com ____1O0 Preferred_________________ lOO 102 87% 1st preferred______________ 100 121% 113 2d preferred_______________ lOO 110 Brazilian Tr L & P L td _______ lOO r 74% 75 99 B ’way & 7th A v R R— See N Y Rys Brooklyn City R R ___________ 10 d 7 7% 80 Brooklyn Edison C o_________ 1O0 134% 135 90 d 8% 9 Rights__________________ 57% lO O " Bklyn-Manhat Tran v t c (no par) d 57 81 Pref tern v t c ________ (no par) d 80 94% Brooklyn Union Gas___ (no par) d 94 49 Buffalo General Electric, (no par) 31 30 Buff Niagara & East Pow com (t) 24% Preferred__________________ 25 24 93% California-Ore Power com ___ 1O0 Preferred_________________ 1O0 103 _ 94% Calif R y & Pow prior pref_ 100 Camden & Sub R y— See P S Corp 52 Canadian General Electric_ 100 _ 57 56 Preferred_______________ 50 45 95% Cape Breton El Co pref______ 100 103% _ 94% Capital Trac (Wash, D C )_ 100 103 444 Carolina Pow & Light, com _100 440 Preferred_________________ 106 105 106 Central Ariz L & Pow com ____100 Preferred_________________ 100 lO l" 99 Cent Arkan R y & L Corp pref. 100 98 Cent Crosst R R — See N Y Rys 100 36 34 Central Ga Power com _______ 100 Cent Hudson Gas & Elec_____100 130 97" 94% Central Illinois Light 6% pf--100 Cent 111 Pub Serv pref_ (no par) : 87 _ 88 92 Cent Indiana Power pref_____100 88% Cent Miss Val Elec Prop pref. 100 83 93 Cent Pk N & E R R — See N Y Rys 101 96 Central Pow & Light 7% pref.lOO 93 235 Central States Elec Corp_____100 220 Preferred_________________ 100 98 95 Ches & Poto Tele o f Balt pref. 1O0 s 112% Chic Aur & Elg Corp v t c w i_ _ 96 Chic City & Con com part ctfs. (f) 93 “ % % Pref partic ctfs________ (no par) 4% 51 99% Chicago City R y ____________ 100 15 10 Chicago Rys partic ctfs series 1__ Series 2 ______________________ 2 1% Series 3 ______________________ 1% Series 4 ______________________ “ % Chicago Rapid Transit Co— 10 Voting tr ctfs for com stock___ Prior preferred_______________ 101 93% 9§“ Chicago Sub Gas & Elec trie. .100 Preferred_________________ 100 92“ 33 * 5 Chris & 10th Sts R R — See N Y Rys 90 89% Cincinnati Gas & Electric____ 100 Cincinnati Gas Transp______ lOO 120 15 Cincinnati & Hamilton Trac__l00 Preferred_________________ lOO 30 95“ 78% Cine New & Cov Lt & Trac_ lOO _ 79% Preferred_________________ 1O0 65 63 Cincinnati Street R y _________ 50 36 88 35% Cincin & Suburb Bell Telep_ 50 _ 85 Cities Service com _____________20 39% 38% Preferred __________________1O0 85% 84% Preferred B ________________ 10 100 7% 7% Preferred B B ______________ 100 78 92 76 95% Cities Service Bankers shares, (t) 19% Citizens Gas (Indianap) com . .25 40% 39% Preferred_________________ 1O0 105% Citizens’ Pass R y— See Phila R T Citizens Traction— See Phila Co City Pass R y— See Reading Tr City Ry (Dayton, Ohio)_____100 42 39 Preferred_________________ 100 63 59 Cleve Elec Ilium common____100 276 6% preferred______________ 100 103 104 Cleve Painesv & Eastern R R .loO 80 Cleveland Railway___________lOO 90" 88% Coast Co Gas & El 1st pref_ 100 _ 103 91 110 2d preferred_______________ lOO Colorado Power pref_________ 100 105 100 96“ Columbia Gas & Elec___ (no par) 78% 78% Preferred_________________ 100 111% 112% 135“ Columbia (S C) R y Gas & El__lOo Preferred_________________ lOO §6" Columbus (Ga) El & Pr com . 100 150 152 50% 2d preferred_______________ lOO 100 103 Columbus Ry P & L com _____lOO — 83 79 Preferred A _______________ lOO 100 65 Preferred B _______________ 1O0 92" 95 104% Commercial Union Teleg (gu)__25 20 16 _ 101% Commonwealth-Edison C o_ 100 137% 138 Commonwealth Pr Corp. (no par) 36 35 Common stock options-----------135 55 40% Preferred_________________ 100 89" 88 92% Community Pow & Lt 7 % pref— 8% preferred_________________ 81 Coney Island & Bklyn R R — 100 93 46% Connecticut Ltg & Pr 7% pf--100 no 112 8% preferred______________ 100 118 272" 121 Connecticut Power___________100 295 115 305 Preferred_________________ 100 104 62% Connecticut R y & Lighting— 100 63 94 65“ Preferred_________________ 100 J 63 9 5 " Cons Gas E L & P (Balt ).( n o par) d 42% 42% 8 % preferred______________ 100 125% 84 7% preferred______________ 100 111 91 6 % % cum pref series C ____ 100 108% 80 6% cum pref series D ______ 100 96 103% Consolidated Gas (N Y )— See und er N 'Y City 42 142% Consol Power & Ltg pref-----------101 99 Cons Trac o f N J— See P S Corp 68% Consol Water (Utica) com -----100 100 5% preferred______________ 100 100 101% 7% preferred______________ 100 102 86 Cons Trac (Pittsb)— See Phila Co — Stocks. Par Bid. Consumers Gas (Toronto)_____50 173 96% Consumers Pow (Mich) pref. .100 6.6% preferred____________100 102 Continental Gas & Elec c o m .. 100 140 96 7% prior preferred________ 100 95% 6% preferred_________________ Continen Pass Ry— See Phila R T -----Cumberland Co (Me) P & L t. 3 J U -----Preferred_________________ 102% _ alias Power & Light 7 % pref 95 Dayton Power & Light pref— — Dayton & Western, com m on._ .... Domin Pow & Transmission. . Preferred_________________ Preferred_______________ Duluth-Superior Trac Co_. 39 93 139% r 3 )r -----)r -----i -----! 40" 30 A sk. 174 98 104 96% 96% — 97 _6 " 42 96 140 3% 45" 33 ! i Eastern N Y Utilities com. Preferred______________ Preferred A . 59% 60* 65 67 58 61 42 43 i 101 60% 70% 92 d 90 100 103 98% 1000 1215 93% n 105 — d 100 d 100 East St Louis & Suburban__ Preferred________________ Eighth Ave R R — See N Y Rys Electrical Securities, pref___ 10 Electric Bond & Share pref_ 10 _ Elec Bond & Share Sec Corp___ Preferred________ Electric Investors—• — — 209 259% 75 103 d 66% — 105 67% d 71% 72% d 101 105 54% d 51% 10% paid receipts_ _ 29% Elec Power & Ltg tern ctfs___ (t) d 29% 105% 106% Allot ctfs for p f stk 40% p d._ 105% 108 Allot ctfs for pref full paid_ _ 92% 92 Preferred temp ctf_________ (t) 25 Electric R y Securities_ (no par) d 24 _ Elec Storage Batt— See Ind & M isc Cos Elizabethtown Consol Gas_ 100 _ 75 Eliz & Tren R R — See Pub S Corp 100 98 Elmira W .L & R R 1st pf v t c . 100 76 73 El Paso Elec Co (D el)_ (no par) _ 103 Preferred series A __________1O0 100 Preferred series B __________100 100 70" 66 Empire & Bay State Teleg____lOO 82 Empire District Elec pref____100 98" 96 Empire Gas & Fuel Co pref_ 100 _ 25 24 Engineers Pub Serv com ______ (t) 100 99 Preferred__________________ (+) Erie Lighting pref_______ (no par) 130Essex & Hudson Gas________ 100 128 Fairm’t Pk & Hadd Pass R y— See Phila R T 100 Fall River Elec Light C o_ .-100 _ 58 Fall River Gas Works________ 25 d 56 30 Federal Light & Tr com n ew-._(f) d 29% -(f) 83% 85% 10(1 Preferred___________ 10(1 Federal Utilities_____________ 100 Preferred___________ 10(1 106% .10(1 Ft Worth Pow & Lt 7% pref..1 00 105 40 44 Franklin Telegraph (guar)._ 10(1 21 24 Galveston-Houston Elec Co .10(1 62 65 Preferred__________________100 10(1 r- 10 (1 87 Gas & Elec o f Bergen County. 100 85 Gas & Electric Securities. .10(1 .106 Preferred______________ 59 Gen Gas & Elec (Del) com A _(t) d 57 -(t) 53 Common class B ------ ( f ) d 50 100 Preferred class A 7 % . (t) d 95 111 Preferred class A 8% (t) d 107 98 Preferred class B 7 % . rt) d 94 59 10(1 Georgia Lt Pow & Rys c o m ..100 76 78 10(1 Preferred___________ 130 Georgia R y & El co stmpd_ .10(1 127 _ 100 Preferred__________________100 10(1 85 87 .10(1 140 Georgia Ry & Power com ____ 100 138 102 First pref cum 7 % ________ 100 100 PUBLIC U T IL IT Y STOCKS. 10(1 115 First pref cum 8 % ________ 10(1 113 100 50 Second pref non-cum 130 10(1 125 100 Gold & Stock Teleg (guar)_ -100 _ 10(1 112 114% 105 1 )1 1! Grand Rapids Ry pref_______ 100 15 20 104 Great Western Power pref____100 n 102% 103 Alabama Power pref---------10(1 25 23 Alabama Trac Lt & Pow coi Hackensack Water____________25 d 20 Preferred___________________ 25 d 25 28 ► Preferred__________________100 Harrisburg Lt & Power pref. -.5(1 d ____ 128" All America Cables Inc______100 Allegheny Traction— See Phila Co Hartford Electric Light______ 100 290 296 10(1 Amer Brown Boveri Electric— Preferred___________ 292 10(1 288 Participating stock (tem p)-(t) d 49% Hartford City Gas Light com ..2 5 d 55 . .25 57 97 Preferred (temp ctfs)______100 Preferred___________ 25 d 42 44 .100 Havana Elec Light & P ow er..100 230 American District Telegraph— 245 d 60 Preferred___________ New comm on_________ (no par) .100 112% — New preferred_____________ 100 103% Helena Light & R y com 100 American Elec Power pref_ 100 100% _ Preferred___________ Kill American & Foreign Power— Holyoke Street R y ___________100 Holyoke Water Power_______ 100 Allot ctfs for p f & com 25% pd_ d 129 465 Common____________ .(n o par) d 40% ..2 5 Houghton County Elec Light. .25 d 10 Preferred_____________ (no par) d 92% Preferred___________________25 d 18 25 21 Amer Gas & Elec com _ (no par) d 78 _ Houghton County Trac com .100 100 Preferred_______________ 6% preferred (new)________ (f) d 92 Houston Gas & Fuel pref_____ 100 100 Amer Gas of Penna v t c ______50 d ____ 97 American Light & Traction_ 100 270 Hudson County Gas_________ 100 128 _ 130 Preferred__________________100 114 Idaho Power 7 % pref. . 100 101% 103 Amer Power & Light com ____(t) d 61% Illinois Power & Light 7'__ -100 96 98 Illinois North Utilities pref___100 93 Preferred__________________100 -100 88 92 d ____ 100 Illinois Traction com ________ 100 102 Optional warrants 1931.. Amer Public Service 7% pref-100 94 Preferred___________ 100 95 81 American Public Utilities___ 100 Ilium & Power Securities_____ 100 35 Preferred__________________100 Kill 7% prior preferred________ 100 88 90 n_ 79 Indiana Lighting_____________100 5% participating preferred. 100 100 Amer Superpower Corp 1st p f (t) d 94 Indiana Service Corp c o m .. -100 130 Preferred_______________ Amer Teleg & Cable guar____100 38 100 95 American Telep & Teleg_____100 141% Indiana Union Traction______ 100 * _ Amer Water Works & Electric— Indianapolis Gas______________50 d 56 50 Common new______________20 d 68 Indianap & Southeast Tr pf__100 n ____ .100 20 Indianapolis Street R y C o ____ 100 1st preferred (7 % )________ 100 101 -100 33% 82 Appalachian Power_________ 100 Indianap W W Sec pref______ 100 100 91 Indianapolis Water Co pref, -100 .100 7% preferred______________ 100 101 — — a 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 Nominal, r Canadian price, s Sale price, u Ex-warrants, v Old Stock, w Ex-cash and stock divs. x Ex-div. y Ex-rights, t Without par value. [V ol. 121, P U B L IC U T I L I T Y S T O C K S 1 2 Stocks. P ar. Interboro R T vot trust ctfs. .100 100 100 International Ry v t c . .100 .100 Iowa Southern Util, 7% pref. 100 Jacksonville Traction, c o m .. .100 Preferred________________ 100 100 B id . A sk. 29 102 2434 113 100 Stocks. P ar. B id . S tocks. B id . A sk. 1 New York Steam pref________ (t) d 99 54 100 Roch & Syracuse RR com ____100 34 s 112 N Y Telephone 634% p r e f ... 100 s 111 5 Preferred_________________ lOO 8 Niagara Falls Power, com ___ (t) d ____ 63 St Jos R y, Lt & Pow, pref____lOO Preferred new______________ 25 2754 27 34 San Diego Cons G & E 7% pf.lOO Niag Lock & Ont Pow com .no par San Joaquin Light & P ow er..100 59" 7% preferred______________ 100 108 98 Preferred A 7 % ____________ 1O0 Norfolk Railway & Light______ 25 d . . . 27 Prior preferred___________ 100 10334 Northampton (Mass) St R y--100 Savannah El & Pow deb s t k ..l0 0 104 106 North American Co com ______ 10 98 6 10 68 54 6834 Scioto Valley Trac com m on .. 100 49 34 108 6% preferred_______________ 50 First preferred_____________ 100 50 55 d 50 Kansas City Power Secur. Nor Amer Utility Sec— 29 32 Preferred_________________ 100 ____ pa r) d Allot ctf 1st pref full paid— z92J4 96 Shawinigan Water & Power_100 r 16034 100 98 Allot ctf 1st pref 25% p a id .. 3 Rights________________________ r d 2 34 2254 9634 2334 100 101 103 26 29 Northern N Y Util, Inc, c o m ..25 d ____ Sierra Pacific Elec Co com ____100 .100 85 80 83 Preferred_________________ 100 Preferred_________________ 100 Preferred. 74 Northern Ohio Power_______ (t) d 1354 14 100 78 98 99 Sioux City Gas & El 7% p f--1 0 0 100 92 89 North Ohio Tr & L pref 6 % -.1 0 0 75 77 65 — Somerset Un & Middlesex Lt.100 25 d 20 Nor Ontario Lt & Pow com _ 100 _ 51 Southeastern Gas & Elec 7% p fd . 4934 100 d 103 76 Preferred_________________ 100 Preferred. 105 3 l" 78 Southeastern Pr & Lt c o m .-(t) d 3 6 " 6 Vs Northern States Power______ 100 142 50 d 7 97 144 Preferred___________________(t) 32 Preferred______________ -.5 0 d 3134 Preferred_________________ 100 10054 101 Option warrants______________ d 734 834 64 66 33 Key Syste m Transit, pref. Northern Tex Elec Co com — 100 South Calif Edison com m on..100 12934 13034 Prior preferred________ 53 88 Preferred_________________ 100 55' 6% preferred____________ 8934 9734 100 .100 Northwest Electric___________100 7% preferred______________ 100 110 113 100 162 163 Laclede Gas Light. Preferred_________________ 100 10154 8% preferred______________ 100 135 100 85 Northwestern Teleg (guar)____50 d 42 Southern Canada Power_____100 r 7934 43 Preferred_______ 80 1 100 n Ohio Bell Telep pref_________ 100 108 J4 109 Preferred_________________ 100 65 .100 12 60 Southern Cities Utilities com _ 19 Ohio Fuel Corp_______________ 25 d 3434 _ .100 n 4 80 Ohio Gas & Electric pref_____ 100 100 Preferred____________________ 85 _100r 10334 105 Ohio Power 6% pref_________ 100 95 Southern Col Pow com A ______ 25 d ____ p a r ) d 185 98" 188 Ohio Public Service pref A ------ 100 100 97 ______ 50 d 26 Ohio River Edison 7 % pref___ 100 South & Atlan Teleg (guar)____25 d 2 0 " 99 7 50 d 4834 Southern Gas & Pow 7 % pref Preferred. Ohio Traction— Common___ 100 9 25 d 4434 25 Class A stock______________ (+) d ____ 45 Preferred_________________ 100 7954 8054 Oklahoma Natural Gas_______ 25 d 31 32 Southern New Eng Telep------100 j 14434 14534 (t) d 140 5 100 10534 10634 Omaha & Council Bluffs_____100 7 Southern Pr & Lt com ___(no par) d 32 35 — 40 Preferred_________________ 100 ’.lOO Preferred____________ (no par) d 107 9534 _ Southern Utilities common— 100 100 --<+> d x 23 34 23 34 Ottawa Light Heat & Pow_ 100 r n ____ 31 33 100 Preferred_________________ 100 102 Preferred_________________ 100 100 Ottawa Traction_____________ 100 n 63 56 58 6 6 " So Jer G El Sc Tr— See P S Corp Preferred. Southwestern Bell Telep pref. 100 113 114 ...2 5 d 56 58 Ottumwa (la) Ry & Lt pref— 1001 60 1 8 " Southwestern Gas & El 7% pf.lOO Pacific & Atlantic Tel (gu)____25 d 16 ..2 5-d 57 56" Mackay Companies_________ 100 Southwestern Lt & Pr com A . . (t d 5 2 " 132)4 133 34 Pacific Gas & Electric_______ 100 128 34 129 98 Preferred_________________ 1001 69 First preferred_____________ 100 97 54 Common class B ___________ (t d 34 71 34 83 Manitoba Power C o_____ (no p a r)4 24 Pacific Light Corp___________100 270 26 Preferred___________________(t d 80 82 — Manhattan Kiev Ry (N Y ) __ 100 Preferred_________________ 100 83 87 34 8 5 " Southwestern Pow & L pref. .100 x 99 Southwest Missouri R R ______ 100 Modified guarantee_______100] 99 4234 43 34 Pacific Pow & Lt 7 % pref____100 50" Manila Electric Corp____(no par) 4 34 11934 Springf (Mass) St Ry Cos pf_.100 36J4 Pacific Telep & Teleg________ 100 97 Marion (O) Water, com . . ( n o paryd 55 60 Preferred_________________ 100 . 10134 10234 iSpringfield (M o) Ry & L, pref— 6 Market St Ry (San Francisco). 100 Paducah Electric C o_________ 25 d . . . iSpring Valley Water__________100 10134 8 23 Preferred_________________ 100 26)4 Paterson & Passaic Gas & E1.100i 85 87" Standard Gas & Elec com (no par) d 5634 5634 84 102 7 % cum prior pref________ 100 100 46 Prior preferred___________ 100 Pawtucket Gas pref_________ 100 43)4 15 66 Second preferred__________ 100 8% cum preferred___________50 d 55 16)4 Peninsular Telep Co com _____100 125 104 Massachusetts Gas Cos_____ 100 Standard Pr & Lt Corp p r e f.-(t ) d 108 77)4 78 Preferred_________________ 100 102 Preferred_________________ 100 x 6834 70 Penn Central Lt & Pow pref. _ (t) d 72 7234 Staten Island Edison com ____(f) d 90 93 70 Preferred___________________(T) d 100 97 Massachusetts Ltg Cos, com __(t) d 68 Penn-Ohio Elec Co pref--------- 100 II" _ Suburban Elec Secure_ (no par) d ____ 95 105 6% preferred_____________ 1001 Penn-Ohio Pow & Lt 8% pref. 100 103 100 97 1st preferred______________ 100 120 98 8% preferred_____________ 100] 115 7% preferred______________ 100 2d preferred__________ (no par) d I I " 105 Memphis Pow & Lt, 7% p f.n o par,d 10234 104 Pennsylvania Pow & Lt pref. . (t) d 104 Sub R T St Ry— See Phila Co 165 Metrop Edison pref series C . (t)l 9234 Pennsylvania Water & P o w .. 160 160 95 Mexican Telep & Teleg_______ 10 d -----_ People’s G L & C (Chic)_____100 J 11634 11734 Superior Water L & P com _ 100 Preferred___________________10 d ____ Preferred_________________ 100 d Phila Co (Pittsburgh)...........-.5 0 d 6034 6054 “ II Mexico Tramway___________ 100 r -----48 5% non-cum preferred______ 5 0 d 47 34 Tampa Electric C o ___________ 100 2 7 4 " Middle West Utilities____(no paryd 113 6% cum preferred___________50i“ 4734 115 4834 Tennessee Elec Pow com . (no par) 100" 97 25 Allegheny Traction_________ 50 d 20 1st preferred (7 % )_________100 98" Preferred______ ___ _.100 97 34 Prior lien stock____________100 106 38 1st preferred (6 % )_________100 Citizens Traction___________50,“ 36 107 Terre Haute Ind & East______ 100 Midland Utilities prior lien. ..1 0 0 Consolidated Trac pref_____ 504 20 "4 " "7 " Milwaukee Gas Light 7% pref 100 10634 107 H 30 37 Preferred__________________100 _ Duquesne Light 1st pref_ 100 10934 11034 _ jrre Haute Tr & Lt pref____ 100 100 93 87 89 Mllw Elec R y & Lt. 6% pref. .100 Federal St & Pleasant Val___251“ 1334 _______________________________ “ 42 103 102 45" Texas Power & Light 7% pref. 100 102 Monongahela Lt & Pr______ 50 Minnesota Pow & Lt 7% p f-.1 00 101 Mississippi Pr & Lt, 8% p r e f..(t ) d 100 Third Avenue R y (N Y ) -------- 100 Monongahela St R y ________ 50 4 2234 1334 1434 Tidewater Power 8% p re f.. 99 101 Mississippi River Power_____100 60 Pittsburgh & B ’ham T r____ 50|d 25 75 '" Toledo Bowl Green & So prc Preferred__________________ 100 97 95 Sub Rap Tran St R y _______50 d 2234 United Traction pref_______5 0 “ -----Mobile Electric, pref________ 100 11334 115 87 90 2 2 " Philadelphia Electric_________ 25 d 4654 2 l" Mohawk-Hudson Power com _)t) 4654 d 7 49 9 First preferred_____________ (t) 103 10334 Philadelphia Rapid Transit___ 50 d 4834 d 8 k 198 9 Second preferred___________(t) Preferred_______________ 94 92 34 Citizens Passenger guar____ 50 “ Troy (N Y ) Gas________ (no par) d 70 75 Mohawk Valley Co new_____. (t) Continen Pass Ry ($29 p d )..5 0 d 65 34 35 23d Street— See N Y Railways 40 Monongahela L & P— See PhilaCo Fairm’t Pk & Hadding’n ____ 50 d 30 250 75 Monongahela St Ry— See PhilaCo Frandf'd & Southwark Pass.50 d 240 7434 23 a Preferred 100 101 75 Monon-West Penn P S 7% pf_25 d 23 Germantown Passenger____ 50 “ 70 Montana Power_____________ 100 | 7934 80 Green & Coates Sts ($15 p d).50 d ------ k 6534 10734 Preferred__________________ 100 115 118 Hestonville M & F com _____50 “ ------ k 2234 10 Montreal Lt, Ht & Power___ 100 r 208 209 Preferred________________ 50 d ------ k 36 2 110 Montreal Telegraph__________ 40 r 50 Phila Pass Ry ($2254 p d ..)_ _ 5 0 d 100 d 24 25 28 178' Montreal Tramways, com ___ 100 r Phila & Darby Pass R y _____ 50 d 22 k 55 100 Debenture 5% stock__________ r 96 34 Phil & Gray’s Fy ($25 p d ) ...5 0 d . . 97 United Gas & Elec c o m ..(n o p a r ) d 54 56 Montreal Tramway & Power. 100 r Philadelphia Traction_______50 d 56 57 92 165 Preferred_______________ 96 Mountain States Power, com _(t) d Ridge Ave Pass ($28 p d )____50 d 155 k 167 64 67 Preferred__________________ 1002d & 3d Sts R y guar________ 50 d Mountain States Tel & Tel_ 1001 110 _ d 11734 13th & 15th Sts Pass R y ____50 d 11234 k 16534 11734 354 United 1 1 Co of New H aven.. 1 356 Narragansett Electric_________ 50 d 73 78 Union Pass ($30 5-6 p d )____50 d ------ k 107 d 148 149 National Elec Pow cl A ______ (+) d Union Traction ($1734 p d ) ..5 0 d 3954 40 k 141 d 160 19 Class B ___________________ (j) d 18' 175 West Phila Pass guar________50 “ . . . d 92 94 95 7% preferred______________ 1001 9434 Phila & Western R y com ______ 50 d 12 12 34 d 50 24 52 National Light, Heat & Power.100 Preferred___________________ 50 d 3434 3534 15c. 96 20c. 71 99 Preferred__________________ 100 Pine Bluff Co pref____________1O0 444 National Power & Light, com . (t) d 440 Pittsb & Birm Tr— See Phila Co 634 734 d 1734 Common new w i ______________ <(2934 15 3034 Pittsburgh Utilities 7% pref_ 10 d 1434 _ 16 22 24 Preferred_____________ (no par) d 102 34 10334 Pref vot tr ctfs______________ lO d 1434 d 14 25 15 75 Nat Public Serv Corp A c o m .-(t ) d 24 Preferred, new 7234 d 8434 30 40 15 Class B com m on___________(f) 16 43 90 99 100 45 96 Preferred_____________ Portland Elec Power com ____ 100 7 % participating pref______ 100 98 93 Utah Power & Light pref. 100 99 95 100 Pref ser A with warrants Prior preferred____________ lOO 74 76 104 106 Nebraska Power, pref_______ 100 102 34 104 1st preferred______________ 100 Utilities Power & Lt Cl A ( n o p a r ) d 35. 45 35 7134 Nevada-Calif Electric, com ___ 100 2d preferred_______________ 100 3534 Class B _______________ ( n o p a r ) d 19 89 50 87 Preferred__________________ 100 Porto Rico Rys Ltd__________1O0 r 4834 1934 101 85 Newark Consolidated Gas____ 100 87 Preferred_________________ lOO r 96 9634 72 125 New Bedford Gas & Ed Lt Co_25 d 69 Potomac Elec Pow pref w i___ lOO 10434 10434 200 195 15 New England Co, com _______ 100 190 Power Securities com ___ ( n o p a r ) d 10 68" 72" 27 First preferred_____________ 100 97 95 Second preferred_____ ( n o p a r ) d 23 d 15 13o 17 73 Second preferred___________100 133 Providence Gas_______________ 50 d 70 95 14 98 10 d 2534 _ New Eng Elec Securities, com _ d 6934 d 8034 New England Power, pref____ 100 101 10234 6934 8034 117 x 235 118 240 New England Telep & T e le g .. 100 V 116 >4 11734 105 x 903^ 55 New Haven Gas Light_______ 25 d 53 9034 10534 85 New Haven W ater___________ 50 d 84 Camden & Sub ($5 p a id ).. ..25 d 38 4 0 " Western M o Pow 7 % pref_______ New Jersey Pow & Lt, p re f.. 100 102 Consolidated Trac of N J . 105 115 Western Power Corp________ 100 80 New Orleans Pub Serv, com 90 127 93 130 Preferred_________________ 100 102' 97 7% preferred______________ 100 101 _ 19 95 9934 85 Newp N & Hamp R y, G & E.100 Pub Serv El & G 6% p re f.. 9934 Western States Gas & Elec_ 100 105 83 Public Serv Elec Pow pref. . Preferred_________________ 100 Preferred__________________ 100 100 105 §1" 10634 91 Western Union Telegraph____100 137 34 138 93 Public Service Invest pref_______ 98 N Y Cent Elec Corp 7% p f---1 0 0 West’h’se El&Mfg— See und Misc 130 92' Public Service Co of Nor 111_(t) d 127 New York City— Consol Gas d 9134 Preferred_________________ J50 d 56)4 9734 9834 West Penn Power pref_______ 100 106 5734 10834 100 90 111 West Penn Railways pref____100 95 New York Rys Corp— 50 53 298 West Penn Co common . . ( n o par) d 11534 116 -ft) d 290 84 113 86 Certificates o f deposit______ 634 734 -(t) d 107 93 109 7% preferred______________ 100 New York Railways. 9634 r 108 96 Certificates of deposit______ 100 28 100 West Virginia Utilities pref____50 44 B’way & 7th Ave guar. 115 100 Preferred_________________ 1C r 114 4234 834 1034 ___ Quebec Ry, Lt, Heat & P o w .. 1C 47 Winnipeg Electric C o ________ 100 100 4734 94 108" Preferred_________________ 100 100 634 734 Queensboro Gas & Elec 8% pf-lO r 105 100 20 Rap Tran St Ry— See P S Corp Wisconsin Edison common_ 100 _ 25 d 22 99" 24 Wisconsin Pub Ser Corp pref. 100 101 100 107 d 97 100 111 Ninth Avenue guar 6 % . Wisconsin Telep 7% pref_____100 110 100 5 15 d 62 65 Yadkin River Power 7% pref. 100 103 105 100 . _ York (Pa) Railways com m on..50 d 38 55 1(M ) 32 3434 62 Preferred__________________ 50 64 9 Republic Ry & Light com __ 11 3534 100 16' 87 New York State Rys, com ___ 100 23 25 8834 Youngstown & Ohio Riv R R .100 105 108 Preferred_________________ 100 Preferred ________________ 100 50 45 Rochester G & E 7 % p re f.. 50 a Purchaser also pays accrued dividend, d Price per share, not per cent. t New stock, h Ex-stock dividend.1 Last sale. I In London, n Nominal ^* Ex-rights, t Without par value. r Canadian price, s Sale price, it Ex-warrants. v Old stock, w Ex 20% cash dividend, x Ex-dividend. 2834 100 2334 112 98 94 5 25 96 10734 43 INDUSTRIAL AND MISCELLANEOUS SECURITIES Under the heading "Industrial and Miscellaneous Securities” we include all Issued which do not appear under the previous two headings, namely. "Railroad (Steam)” and “ Public Utilities.” In the case o f stocks, however, we put “ Textile Manufacturing,” “ Insurance,” "M ining,” “ RealEstate*’ and Land,” “ Title Guarantee and Safe Deposit Companies” under separate heads, then follow with the rest of the “ Industrial and Miscellaneous." NOTICE.—All bond prices are “ and Interest’’ except where marked “ f” and income and defaulted bonds. B onds. Bid. Ask. IN D U ST RIA L & MISCELLANE OUS £ ONDS * 1 B onds. Bid. Ask. » B onds. Bid. A sk. Indiana Coke & Gas 6s '46 -A&O 94% 96% Childs Bldg & Imp 6 s '26-’35- -- Cities Service Ref7s 1933____J&« Indiana Steel 1st 5s 1952- -M&N 103% 105 102% 102% Abitibi Pow & Paper 6s 1940 J&J2 100 102 Clearfield Bit Coal 4s 1940--J&. Ingersoll-Rand 1st g 5s Dec 3: 82 Acme White Lead & Color Works Clev Un Term— See Steam RRs 1935 opt Dec 31 1910___ J&. 99 % ___ Clyde SS 1st 5s 1931 op t-.-F & l! 1st 6s July 1926 to ’28 op_J&. 100 Inland Steel 1st 6s 1926-28--A&C 100 101 99% Adams Exp coll tr g 4s '48-M&S 85 85% Col Fuel & Iron s f 5s 1943-.F&A Deb g 5% s 1945...............M&N * 98% s 98% 90 93% 78% Colorado Industrial— Coll tr g 4s 1 9 4 7 .-...........J&I / 77 Internal Agricultural Corp— Ajax Rubber s f 8s 1936___ J&I 101% 102 1st g gu 5s ser A & B '34 opt F&A 84% 1st & coll tr s f g 5s ’32 op M&N 88% 82% 88% Alabama Cons Coal & Iron— Comm’l Credit 6s 1934--- M&li Stpd ext to 1942______M&N 80% 81 100 100% ___ Commercial Invest Trust Corp— 1st cons M 5s 1 9 3 3 ... ..M&IS Internal Mercantile Marine— Ala Steel & Shipbldg— See Tenn C I & RR. 5 % gold notes 1926- _ M&h _ Basis 4% % 1st M coll trust 6s 1941.-A&O 85% 85% 5 Alaska Gold Mines deb 6s’25M&S / 5% gold notes 1927........._M&1S Basis 5% % International Paper— 4 Deb 6s 1926 ser B _______ M&8 / 4% 5% gold notes 1928..........M&h Basis 5.55% 1st & ref s f 5s 1947 ser A . J Sci 4 Allied Packers deb 6s 1939--J&J s 75 % s 76% 5% gold notes 1929______M&IS 93% 93% Basis 5.85% 1st & ref 5s 1947 ser B ___ J&I 88 1st M & coll tr 8s 1939___ J&J 85 5% gold notes 1 9 3 0 - ___ M&> Basis R ef mtge 6s 1955 ser A..M&S 98 98% 6% Alpine Montan Steel Corn— Computing-Tabulating-Rec Co Internal Salt g 5s 1951 op.-A & C 79 80% 1st s f 7s 1955_______ _____ M&S 91% 91 % Sinking fund gold 6s 1941-J&J Internal Silver 1st 6s 1948--J&I 104% 106 108 106% Consol Textile 1st 8s 1941. J&E Aluminum Co deb 7s 1933 .A&C 106 % Debenture 6s 1933________ J&I 101% 102% 86% 85 102% 103 Am Agric Chem 1st 5s 1928-A&C Consol Coal 4% s 1934 opt-.M&iS Iron Steambt gen 4s 1932..A&C 91% 1st ref s f 7% s 1941______F&A 103% 104 1st & ref s f g 5s 1950___ J&E 82% Jefferson & Clearfield Coal & Iron 82% American Beet Sugar Co— Continental Pap & Bag Mills Corn Indiana Co 1st s f 5s 1950 J&J 100 99 Conv s f deb 6s 1935_____F&A 1st & ref 6% s 1944 Ser A .F& A 78% Jones & Laughlin St 5s '39 M&N 102% 102% 98% Corn Prod R e f s f 5s 1931--M&N Amer Chain deb 6s 19 33---A&C 98% Jurgens (Anton) Un (Margarine) 99% Amer Chicle— 1st g 5s 1934 s f . . . ____M&N Wks conv 6s 1947 (J la t).. J&J / 99% 100 101 101% 99 Sen Sen Chic 6s June 14 ’29J&E 98 Cramp (Wm) Sons Ship & Eng Bldg Kaufmann Dept Stores Corp—• Amer Cot Oil g 5s 1931 opt M&IS 97% 97 ls t lH g 5s 1929 opt -..M & S 6% notes '35 with warr’ts.F&A 97 98 96 American Ice Securities— Crew Levick Co 1st 6s 1931-F&A 100 100% Kayser (Julius) & Co— American Ice Co— R E 1st & 1st M s f 7s 1942_____F&A 15 107% 108 6% gold notes 1928______ J&J 99 97 103% Crown Cork & Seal 6s 1942-F&A gen s f 6s ’42 opt ’ 13_ F&A _ 103 Kelly-Springfield Tire Co— 83% 85 131% Cuba Cane Sug deb 7s 1930--J&J Conv 7% notes I939-. -J&J 125 8% g notes M ay 15’31 M&N 15 103% 103% 93% Am Mach & Fdy s f 6s 1939. A&C Conv deb 8s 1930...............J&J 103 105 100% 102% 98% 98% Keystone St & Wire 8s ’4 1 --A&O 99% Cuba (The) Company— Am Republic Corn 6s '3 7 --A&C 99% Kinney (GR) Co 7% s 1936-J&D 107% 108 101% 101 Amer Rolling Mill 6s 1938--J&J Conv sec s f 6s 1935______ J&J 52 96% 96% Knight (B B & R) 7s 1930 -M &S / 50 98% Cuban-American Sugar— Amer Smelt & Ref 5s 1947.-A&C 98% Krupp (Fried) Ltd— 1st M 6s 1947 series B _ A&O _ 106% 107% 1st M coll 8s Mar 15 ’31 M&S15 108% 108% 7% dollar notes D ecl5’29 J&D 91% 91% 102% Cuban Dominican Sugar Co— Amer Sugar Refg 6s 1937_ J&J _ 102 La Belle Iron Wks 1st 5s ’40 J&D k 93% s 102% Amer Thread 6s 1928 _ J&D _ 1st lien s f 7% s 1944___ M&N 1st & ref 6s 1940............J & D 103 92 92% 101% Cudahy Pack s f 5s 1946_ J&D Lackawanna Steel 5s 1950 M&S 93% Amer Type Fdrs deb 6s ’26-M&N 100 _ 94% 95 93% Deb gold 6s 19 37--.........M&N 101% 103 Sink fund deb g 5% s ’3 7 --A & 0 Lake Superior Corp inc 5s ’24- Oct / 14 92% 17 93 ___ Cuyamel Fruit Co— Deb gold 6s 1939.............M&N 103% 1st & coll tr gold 5s 1944--J&D 42 45 Lehigh Coal & Navigation— 101% 102 1st mtge 6s 1940...............-A&O 93 94 Deb gold 6s 1940 ______ A&O 50% De Bardeleben Coal Corp— 92 Amer Writ Paper s f 7-6s ’39 -J&J / 49 Funding 4s g July 1 1948--J&J 93 Temp interchangeable ctf dep. / 49 50% Cons s f g 4% s 1954 ____J&J 98 1st M 6% s 1926-1943____J&J b 7.1C 6% % Anaconda Copper Mining— Dery (D G) Corp 7s 1942.-M &S 84 84% Leh & W-Barre Coal— See Cent R RR of NJ ,p31 1st con 6s 1953 series A ..F & A 101% 101% Denver Union Stock Yards— Libby M cN & Libby 7s '31 M&N 104% 104% Conv deb 7s 1938_ _ -F&A 104% 104% 119 First gold 5s 1926________ J&J 99% 100% Liggett & Myers g 7s 1944--A&O 118 6% gold bonds 1929 ser A J&J 102% 103 Gold bonds 5s 1951______ F&A 100% 100% Dewees (W) Wood Co 5s ’30 M&N __ Andes Cop Min deb 7s 1943-J&J 98% Dodge Bros deb 6s 1940___ M&N Little (A E) Co 7s 1942____A&O 97% 88 96 95% Andian National Corp Ltd— DolcT (Jac) Pack 1st 6s '42.M &N 116% 80 80% Lorillard (P) Co g 7s 1944--A&O 115 1st M s f 6s 1940 with war.M&S 120 125 Gold bonds 5s 1951______ F&A 97% Domin Coal 5s '40 op ’ 1 0 --M&N r ____ 97% 88 Without warrant . 100 Lukens Steel 1st M g 8s '40 M&N 101 98 Dominion Glass Co, Ltd— 103 Anglo-Chilean Cons Nitrate— 1st s f 6s June 2 1933_ J&D2 r 101% 103% Magnolia Petroleum Co— _ 99% Domin Iron & Steel 5s 1929--J&J r 89% 99% 100% Deb 7s (& stk sub rts)’45 M&N 99% Deb g 4% s 1926______F&A15 Antilla Sugar 7% s 1939 A _ J&J _ 87% 99% 87 99% Consol 5s 1939___ ______ M&S Deb g 4% s 1927______ F&A15 63 64 Armour & Co o f Delaware— 98% 99% 101 Deb g 4% s 1928..........F&A15 Donnacona Paper 6s ’40____J&D 99 1st M 5% s 1943 ser A . J&J 94% Donner Steel 7s 1942_______ J&J 94% Deb g 4% s 1929-’34_ F&A15 b 5% % _ 93% 94% Armour & Co— Real estate 1st 92 du Pont (E I) de Nem Powder— 89 Mallory SS 1st s f 5s 1932 J&J gold 4% s 1939 opt - __J&D 91 90% Manati Sugar 1st 7% s ’4 2 .-A & 0 98% Gold 4% s June 1 1936 - J&D 99% 98% Associated Oil 6% notes ’35-M &S 102% 102% Eastern Cuba Sug7% s ’37--M & S 104% 105 Manufacturers' Finance Co— 99 Associated Simmons Hardw Cos 98 Eastern Steel 5s 1931______F&A Col tr 6% notes 1935 _ A&O _ 50 45 95% Elk Horn Coal 6s 1925___ J&D 100 100% M cM yler Interstate 7s '43-J&D 92 95 6 % % gold notes 1933___ J&J 95% Atl BYuit & SS deb 7s '3 4 .-J&D 1st & ref 6% s 1932_______ J&D 99 99% Mid-Continent Petrol Corp— 23 Certificates o f deposit_ _ 101% 101% f 16% 107 108 1st s f 6% s 1940- _____M&S 39% Fairmont Coal 5s 1931_____J&J Midland Steel Products— Ctfs dep stpd stk Instead of bds 98 99 1st s f 7s 1938__________ M&N 130 Atl Gulf & W^Indies SS Lines— 135 _ 97 100 Farmers M fg Co 7s 1943_ M&S 73% Federal Sug R ef 6s 1933 ..M & N Midvale Steel & Ordnance— Coll tr g 5s Jan 1 1959___ J&J 72 96 94 92 Atlantic Refin deb 5s 1937--J&J 99% 100 Conv s f 5s 1936________ M&S Federated Metals s f 7s '39. - J&D 91% 98% 98% 99 102 Baldwin Locomotive Works— Fisk Rubb Co 1st 8s 1941. M&S 113% 114% Miller (I) & Sons 7s________ 1934 Miller & Lux Inc— 1st s f 5s 1940 opt aft ’ 15.M&N 103% 104 Framerican Ind & Dev Corp— ____ 100 1st M 6s 1 9 4 5 --................A&O Baragua Sugar (Comp Azucarera Deb 7 %s 1942__________ J&J 90 90% ____ 1st M 7s 1930J&D 102% Baraqua) 7% s 1 9 3 /--- J&J 15 104% 105 Francisco Sug 7% s 1942 M&N15 104% 104% ____ 7% gold notes 1935-A&O 100 Barnsdall Corp 8s 1931 ser A J&J 105 105% Gair (Robert) Co 1st 7s ’3 7 .-J&J s 103% s 103% Beaver Board Cos— Galena-Signal Oil deb 7s ’3 0 -A&O 104 104% Monon Coal— See Chic Ind & L Ry p 32 84% 85 Morris & Co 1st s f 4% s '39-J&J 95% General Amer Tank Car Corp— Coll trust 8s 1933...............J&J s 92% 92 95 7% % gold notes 19 30---M &S 104% 105 Beech Creek C & C 5s '44 -J&D Equip tr 7 %s ’31 Ser G G . A&O 102% ___ M tge-Bond Co 4s ser 2 '66-A & 0 80 Bethlehem Steel Corporation— Equip 5% s 1926 & 1927--M&N 100 88 97% 87% 5s series 3 1932______ . .J&J 96% Cons s f 5% s 1953 ser B ..F & A Equip 5% s 1928-1934---M&N b 5.35 5.20% 92 95% General Asphalt Co— Murray Body 1st 6% s 1934.J&D 89 Cons mtge 6s Aug 1948- F&A 95% 97% 95% 97% Cons mtge 6s 1948 ser A F&A 95 Nat Acme 7% s 1931 - --J& D Conv s f 6s 1939________ A&O 104 99% 100 Nat Dairy Pr 6% notes’40-M&N 98% Beth St 1st ex g 5s ’26 gu. J&J 98% Gen’l Baking 1st 6s 1936- -J&D 104% Beth St pur m 6s Aug ’98-O-F 112 114 100% Nat Enam & Stpg 5s 1929--J&D 99% General Cigar 6s 1925_____J&D 100 98% 100 Beth St 1st 1 & ref 5s ’42.M&N 95% Nat Starch deb 5s 1930 gu.-J& J 95% 101 102 Serial 6s 1935 . . _ J&D _ National Tube 1st 5s ’ 5 2 .-M&N 102% 102% 93% 93% Gen’l Elec 3% s 1942 opt ..F & A Purch money 5s 1936_ J&J _ 87 88 62% 104% General Petroleum Corp— Natomas Co gen 6s 1935_ J&J _ Beth Steel eq tr 7s 1935--A&O 104 New Eng Nav— See N Y N H & H H R R Penn-Mary Steel 5s 1937 J&J 98% 7% s f gnotes Feb 15 o l F&A15 104% 91 94 Bing & Bing deb 6% s '5 0 .-M&S 93% 94% New Eng Oil&Ref 1st 8s’31 M&S 6% g notes Apr 15 ’28 -A&O 15 101% ____ 98 Booth Fisheries s f 6s 1926-A&O 89% N J Zinc 1st 4s 1926______ A&O 86% Conv 6% notes 1927 -M&S15 104 Borden Mills, Inc— 101 101% New Niquero Sugar 7s 1932.J&J 100 Gen Refractories 6s 1952_ F&A _ ___ _ 89 First mtge s f 6s 1934 _ F&A _ 99% 100% German Gen Elec 7s '45 J&J15 95% 95% New River Co 1st 5s 1934_ J&J ___ Newport Co 7s 1932 ______ M&S 94 Boston Term Co 3 %s 1947-F&A 87 88 Goodrich (B F) 1st 6% s 1947 J&J 104% 105 Botany Consolidated Mills— Goodyear T & Rub 8s ’41- M&N 120% 120% NYAirBrakelst 6s’28 conv M&N 103% 107 ____ 82 10-year sec s f 6% s 1934--A&O 94% 94% Deb s f 8s M ay 1931_____F&A 110% 110% N Y Dock Co— 1st g 5s '51-F&A N Y & Hob Fy 5s M ay '4 6 --J&D Brier Hill Steel 5% s 1942--A&O 101 86 101% Gould Coupler— Hoboken Ferry 5s 1946--M&N 92 Brunswick-Balke-Collender Co— 1st lien s f 6s 1940______F&A 91 91% 100 Granby Con Min Smelt & Pow— N Y & N J Ferry— 5s ’4 6 --J&J 89 6% serial notes 1926-29__ J&J __ 93 N Y Shipbldg 1st 5s N ov 1 ’4 6 -.89 91 Buffalo & Susq Iron 5s 1932 J&D 1st conv 6s 1928 Ser A ..M & N 99% 101 New York Steam— See Public Ut dlities Stamped _______ ______ __ 100 101 Deb g 5s Jari'26 o p t ’ 10 -M&S 89% Gray & Davis conv 7s ’32_ F&A Bush Term 1st 4s 1952-- __A&0 87% _ 96% 96% North Amer Cement Corp— 92 Deb 6 %s A with warr ’40-M&S 100 100% Cons g 5s Jan 1955- - - J&J 91% Gulf Oil o f Pa deb 5s 1937. - -J&D 99% 100 Norwalk Steel 4% s 1929____J&J 37 Bush Terminal Buildings Co— Hanna (M A) Co— 34 98% Nova Scotia S & C 5s 1959.-J&J 71 Deb g 6s 1934___ ___F&A 66 1st s f gold guar 5s I960- A&O 97% 90% 72 By-Products Coke Corp—• O’Gara Coal 5s '55 op aft’08 M&S Havana Tobacco 5s 1922.-J&D ' 40 69 Hearst Publications, Inc— Ogilvie Flour Mills 6s '32_ J&D _ 105% 1st M 5 K s 1945 ser A ___ M&N ____ Calif Petroleum 646s 1933--A & 0 102% 104 Series B . _ ________________ 105% 1st M & col tr 6% s ’26-'36 M&N ____ Camaguey Sugar 7s '4 2 --A & 0 15 88 88% Hershey Chocolate—• Series O _____________________ r 105% _ 99% Old Ben Coal 1st 6s 1944_ F&A 97% 97% Canada Cement 1st 6s ’29 op A&O 102% 1st & coll tr s f 5% s 1940--J&J 99% 101% 100 Oswego Falls Corp 8s 1942.-F&A Canada SS Lines 7s 1942 M&N 100 5% notes 1926_______ J&D15 Otis Steel s f 8s 1941_______ F&A 104 104% Deb 5s Aug 15 1943---F & A 15 5% notes 1927________ J&D15 100 82 83 1st s f 7% s 1947 ser B _ F&A _ 100% 100% Canadian Car & Fdy Co, Ltd— 99% 5% notes 1928- ______ J&D15 _ 102 Pacific Coast Co g 5s ’46_ J&D Hoboken Land & Impt Co— 94 95 1st s f gold 6s 1939 . . --J&D 100 1st M g 5s N ov 1930------M&N Pac Fruit Exp Eq— See So Pacific Dorp Canadian Cons Rubber, Ltd— 96 Pan-Amer Petrol & Transp Co— Gold 6s 1946 opt 19 1 1 -..A & 0 101 Hock Val Prod 5s 1961 op t-.J& J __ Hoe (R) & Co 1st 6% s A r34 A&O 101% 102% 1st lien equip 7s 1930___ F&A 105% 107 Canadian Cottons 5s 1940 -J&J2 .94% Holland-Amer Line 6s ’47-M&N S f 6s 1934_____________ M&N 109% 110 86 Oanad Gen Elec 6s 1942_ A&O _ 85 Hollingshead (The R M ) Co—• Park Lexington—■ Central Foundry 6s 1931_F&A 97% 100 92% 93 99 101 1st leasehold s f 6% s ’5 3 --J&J Cent Hud St’boat 5s Apr ’33 A&O 1st 7s 1938_______________F&A Park & Tilford s f 6s 1936.-J&D 101 95 98 100 Central Leather 1st 8 f 6s '45-J&J 100% 100% Holly Sugar 7s 1937________ J&J Penelec Coal 6% s 1944___ F&A 100 Central Steel 1st 8s 1941--M&N 114 115 Hood Rubber 7s 1936______ J&D 104% 105 49 53 Houston Oil Co of Texas— Penick & Ford 6% s 1943 --J& D 101 Charcoal Iron o f Am 8s ’31-M&N 104 86 6% % s f notes 1 9 3 3 .___ A&O 98% 100 Penmans Ltd— 1st 5s’26op M&N Chic Jet coll tr ref g 4s ’4 0 --A&O 99% ____ Penna C & O 1st 5s '32 op .-J& J Coll trust ref 5s 1940___ A&O 98% 50 60 99% Hudson Nav g 6s 1938 opt--F & A Chic Un Sta— See Steam R R bds Humble Oil & R 5% s ’3 2 .J&J 15 101 101% Penn Mary Steel— See Beth Steel [lllnois Steel deb 4% s 1940--A&O 94% Chicoutimi Pulp 6s 1943____J&J 50 95% Pennsylvania Steel— 10 Span-Amer Iron 6s 1927--J&J 109 Independent Brewing 6s ’55 J&J 75 6 B asis. / T h i s price includes accrued Interest, k Last sale, n N om inal, r Canadian price s Sale price. 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS [V N O T IC E .— A ll b o n d p r ic e s are “ 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 com e a n d d e fa u lt e d b o n d s . B onds. Bid. Ask. Phlla & Read C & I 5s 1973—J&J Phillips Petroleum Co— Deb g 7 H s ’31 (with war)_A&0 Without warrants__________ Plerce-Arr M ot Car 8s 1943-M&S Pierce Oil 8s Dec 15 1931..J&D15 Pills bury Flour Mills Co— 1st M 6s 1943___________ A&O Pittsb Brewing 6s Feb 4 ’4 9 .-J&J Pitts Coal deb 5s July ’31 ..M & S Pittsburgh-Westmoreland Coal 1st s f g 5s 1947 op t______ M&N Pleasant Val Coal 5s 1928..J&J Pocahontas Consol Collieries—1 1st gold 5s 1957 o p _______ J&J Port Arthur Canal & Dock—■ 1st 6s 1953 ser A _________F&A 1st M 6s 1953 series B ___ F&A Porto Rican-Amer Tobacco Co— 8% g bds M ay 15 ’31..M &N15 Powell R iv Co 6s ’26-’27____J&J Pressed Steel Car 5s 1933____J&J Price Bros & Co Ltd—• 1st M 6s 1943 Ser A ______ F&A Producers & Refiners Corp— 8s 1931 (with warrants) __J&D Without warrants attached____ Punta Alegre Sug s f 7s ’2 7 .-J&J Pure Oil Co 654% notes ’33.J&D Reid Ice Cream Corp—■ 6% g 5-yr notes 1930_____J&J Remington Arms 6s 1937_ M&N _ Republic Iron & St’l 5s ’4 0 .-A&O Ref & gen 534s ’53 ser A ..J & J Rlma Steel Corp— 1st s f 7s 1955___________ F&A Riordon Pulp & Paper Ltd 1st 6s June 30 1942____J&D30 _ Robbins & Myers 7s 1942_ J&D Roch & Pitts C & I 5s '4 6 .-M&N 1st s f g 434s 1932 op t____F&A Rocky Mtn Fuel 5s 1943 Rogers-Brown Iron 5s ’26-’40_J&J Gen & Ref 7s 1942______ M&N Bt Joseph Stk Yds 4J4s ’30 ..J& J St Lawrence Pulp & Lumber— 1st M 6s 1926-1929______ F&A 1st M 6s 1930-1933______ F&A 100 101 107 104 10654 104 101M 92 % s — 87 97 M 90 M 101M 10154 103 % 94M 100M 109% 105 M 102 % 95 87 M 96 93 9054 100% 58 99 % 99 55 76% 95% 84 Regis Paper 654s 26-’29..J&D 6J4s 1930-1934__________ J&D St Louis Brew Assn 6s 19 39..J&J St L Nat Stock Yds 4s '30_ J&J _ St L Rky M t & P 5s ’55 stpd.J&J Saks & Co s f 7s 1942_______ M&S Saxon Pub Wks (Germany)— 1st extl s f 7s 1945________ F&A Securities Co N Y 4s cons. .M & S Sen Sen Chiclet— See Am Chicle Sharon Steel Hoop 8s 19 41..M&S Shawsh Mills 7% notes ’31_A&O Sheffield Farms Co— 1st & ref 654s 1942_______ A&O Shults Bread 1st 6s 1940_ M&S _ Slemans & Halske— 3-year sec s f 7s 1928______ J&J 10-year sec s f 7s 1935____J&J Sinclair Cons Oil Corp—• 1st 1 coll 7s ser A 1937 M&S15 1st lien coll 654s ’38 ser B . J&D 1st 1 6s '27 C with warr__J&D Sinclair Crude Oil Purch Co— 6% notes ser A 1928_____F&A Sinclair Pipe Line s f 5s ’42_A&O Skelly Oil 654% notes '2 7 .-A&O Sloss-Sheffield Steel & Iron— 6% s f gold notes 1929___ F&A Smith (A O) Corp 6Ms ’33-M&N 6 Basis. 95" 7 7% 109 93 52 107 102 M 106 98 % 96 M 9454 94 87 104 100 % 86 M 122 102 M 101 % B onds. Bid. Solvay & Cie 6s 1934.............A&O South Porto Rico Sug 7s '40-J&D Standard Mill 1st g 5s ’3 0 --M&N 1st & ref 5Ms 1945.............M&S 107 % Standard Oil (Cal)— 5% serial notes 1926______ F&A 106 5% serial notes 1927_____F&A 102 5% serial notes 1928_____F&A 92% 5% serial notes 1929_____F&A 5% serial notes 1930_____F&A 98 M 5% serial notes 1931____F&A 91 5% serial notes 1932_____F&A 98% 5% serial notes 1933 _ F&A _ Standard Oil o f New York— 92 654% g deb M ay 1 ’3 3 .-M&N Standard Plate Glass Co— 6% notes 1930.. . ._ -M&S — Stand Steel Wks 1st 5s '28-.J& J Standard Textile Products— 105 1st s f 6Ms 1942.. ____M&S Steel Co o f Can 6s 1940 ____J&J r 9454 Steel & Tube Co o f Amer— Gen M s f 7s 1951 Ser C ...J & J 101M Sugar Estates of Oriente— l s t s f 7s 1942 . ...M & S 109 Sun Oil deb s f 5 Ms 1939. . _M&S Superior Oil 1st 7s 1929..F&A15 110 106 Swift & Co 1st s f g 5s '44___ J&J 5% s f g notes Oct 15 ’3 2 .-A&O 102 M Taylbr-Wharton I & S— 100 1st 6s 1942 .......................M&S 88 1st & ref 7 Ms 1946 Ser A .J&J 97 Tenn Coal I & R R 5s 1951..J&J Ala Steel & Shipbldg 6s '30-J&J 93 % Thyssen (Aug) Iron & Steel Wks _____ J&J 5-year s f 7s 1930 90 M Tidal Osage Oil s f 7s 1 9 3 1 ..-F&A 101M Transcontinental Oil— 62 7% notes 1930 _ __ -A&O s _ Traylor Eng & M fg 8s 1936______ Trumbull Steel Co— 15-year s f 6s 1940M&N 60 10— deb 7s 1935 yr - . M&N 7 9 " Tubize Artificial Silk 8s ’4 3 .-J&J Union Bag & Paper 6s ’42 -M&N Union Oil Co of California— — First lien s f 5s 1931 op t_ J&J _ 6s M ay 1 1942 Ser A . . .F&A S f g 5s Feb 1 1935______ A&O Union Steel Co 1st 5s '52 gu. J&D United Drug 6s 1944____A&O 15 9 6 " United Lead deb 5s 1943____J&J 79M United Oil Producers Corp— 1st 8s July 25 1931___ J&J25 109 M United Steamship 6s 1937--M&N 9354 United Stores Realty 6s ’42-A & 0 U S Env 1st 5s 1925-1934--.J&D U S Finishing con g 5s 1929.-J&J 10754 U S Rubber 734 % notes ’30-F&A 103 1st & ref 5s 1947 Ser A ___ J&J 654% serial notes 1926_ M&S _ 107 654% serial notes 1927_ M&S _ — _ 654% serial notes 1928_ M&S 654% serial notes 1929_ M&S _ 97 654% serial notes 1930 ..M&S 6 34% serial notes 1931_ M&S _ 95 654% serial notes 1932 -M&S 654% serial notes 1933_ M&S _ 9454 _ 654% serial notes 1934_ M&S 87% 654% serial notes 1935_ M&S _ 10454 634% serial n >tes 1936_ M&S _ _ 654% serial notes 1937_ M&S 10054 654% serial notes 1938_ M&S _ 8754 _ 654% serial notes 1939_ M&S 123 654% serial notes 1940_ M&S _ U S Smelt Refg & Mining— 103 10-year 5M % g notes 1935M&N 102 M / This price includes accrued st. k Last sale, n Nominal, B onds. Ash. 103M s 10354 106 10654 101 99% 96 % 9654 100 100 ol. 121. Bid. Col tr s f 5s Apr ’ 51 op ’ l l —Var Col tr s f 5s Apr '51 not op.V ar Col s f 2d 5s Apr’63 op ’ 13 M&N r nlversal Winding Co 7s '3 7 .J&J 110 110 10554 100 10034 1 104M 10054 -J&J 10054 lOO" 10054 10054 88 10054 10054 10054 10054 5354 10054 10054 ictor Fuel 1st s f g 5s 1953—J&J 10054 10054 1 irginta-Carolina Chemical' 1st s f 7s 1947 ser A ______ J&D f 103 M Certificates of deposit 10654 107 Stamped as to payt 40 % prin— l s t s f 7s 1947.______ 103M 9754 9854 C tf o f dep assented. 104M 100 C tf of dep stamped______ 104M S f conv 754s 1937 ser A _ J&J _ 9454 95 M With & without warr attach105% 94M 105M C ertif o f deposit a ssen ted .. 95 M 107% 108 91 M 98 88 3^ Deb g 6 Ms 1935 ser A .—A&O 89 M 98 .J&D15 104M 9754 95 94 95 78 9954 10054 15 96 % 96 54 91 ..J&D 92 88 9954 77 85 101 85% 102M 103 M restern Elec deb 5s 1944_ A&O 100 _ I'estinghouse Elec & M fg— 94 7% gold bonds 1931_____M&N 10554 93 M 94 H 10354 103 M Thitaker-Glessner Co 5s ’41-A&O 1st s f g 6s 1941__________ A&O 101% 96 s 9654 Tickw Spencer Steel 7s ’3 5 .-J&J 92 Certificates of deposit Stamped M ay 1st inst p d ____ 96 fickwire Spencer Steel Co— 100 Pr lien & coll 7s Jan 1935-M&N 108 110 fillys-Overland 1st 6Ms ’33 M&S 102 % filson & Co 1st 6s 1941____A&O 99M 10354 104 Conv s f g 6s 1928_______ J&D 74 H 100 Certificates of deposit______ 7134 10054 70 Conv s f g 754s D ec. 1931.F&A 103 M 104 73 Certificates of deposit______ 95 9554 107 108 Winch Repeat Arms 7 Ms ’41 A&O 10154 Woodward Iron 5s 1952_____J&J 85 10354 104 97 Youngst Sh & Tube 6s 1943--J&J 10154 95M XCHANGE SEATS. N o. LastSale s 34 9454 N Y Stock Exch__ el, 1005152.000 94 54 700 500 10354 103 M N Y Con Stk E xch. 425 1,150 N Y Produce E xch. 1,800 1,250 97 M 99M N Y Cotton E x ch .. 450 35.000 10754 107 M N Y C of & Sug E x. 327 14.000 N Y Curb M arket. 550 24.000 93% 91 1,750 87 10054 100M Baltimore Stk Exch 7.000 7,500 10254 10254 Boston Stock Exch. 139 8,350 10254 102 M Chicago Bd of Tr .1,592 5,900 5,566 102 10254 Chicago Stock Exch 250 102 8,500 35 102M Cincinnati Stk Ex._ 3.000 36 10154 10154 Cleveland Stk Exch Detroit Stock Exch 39 3.000 3,000 10154 102 8.700 8,700 67 10154 101M Los Ang Stock Exch 29 1,200 10054 10054 Louisville Stk Exch Minn Ch of C om m . 567 3.300 100M 101 71 23.000 10054 101M Montreal Stock E x. 8,850 8,000 100 M 10054 New Or! Cotton Ex 500 New Orl Stock E x. 2,600 3,000 70 10054 101 5,600 5,600 100M 10054 Phila Stock E x ch .. 206 1,800 100M 10054 Pittsb Stock Exch. 115 St Louis Exchange _ 50 4.000 4 ',666 63 30.000 99 54 San Fr Stk&BdExch 99 54 Washington Stk Ex 550 40 550 r Canadian price, s Sale price. tiTo be increased to 1125. 100% 11* 112 105X 10254 105M 10054 89 63" 104 104 104 H 96% 95 54 97 ' 98M ■ 97 M J05M 96 7954 25 93 100 % 101% 87 34 100 $4 106 95 102M 77 90 74 54 68 54 102 54 9954 78 7554 75 7454 102% 87 101M 700 1,250 40.000 14.000 8,000 7,800 9.900 9,000 5 750 2.000 7Sq INDUSTRIAL AND MISCELLANEOUS STOCKS S tocks. Par TE XTILE MFG. STOCKS. N orth. Mills. par Bid. Per share. Acushnet Mill (NB) 1 95 Am Linen (Fall R) l 28 American Mfg__100 109 Preferred- - . 100 81 Amoskeag M fg (vol73 untary assn)_ (t) _ 75 p referred_____(t) 64 Appleton Co (Mass)/ 400 9 Arkwright M (F R )-/ Arlington M (Mass)/ 101 Barnard M fg (F R )./ Bates M fg (Me) 100 215 Beacon M fg (NB) Z 125 Berkshire Cot M fg. Bigel-Hartf Carp’t - t Preferred -.1 00 Boone (Daniel) Woolen Mills .25 Booth M fg (N B)_.< Preferred.- _ 10C Boot Mills (Mass) J Border C M fg (FR) i Boston M fg pref 100 Bos Duck (Mass) c Bourne Mills (F R )./ Bristol M fg (N B ).., Butler M ill (N B)_ , Chace Mills (F R) Charlton Mills .100 Chicopee M fg (pf) 1 Olty M fg Cr'p(N B) 1 Contin’l M (Me) 100 Cornell Mills (F R) J A sk. j 149 103 99 1 125 100 106 67 34 85 102 180 122 37 120 116 110 100 35 98 32 113 84 S tocks. Par Dartmouth M fg Corp ( N B ) . . 100 Davis Mills (F R)_.Z Davol Mills (FR)__Z Draper Corp___ 100 Dwight Mfg (Mass) Edwards M fg (M e )./ 7354 Esmond M (R I ), pf / Essex Cot M p f. . lOO 70 Fairh Mills com . 100 Preferred_____100 Farr Alpaca (Mass) Z 104 Flint Mills (F R )..Z 60 Franklin Co (Me) —Z 225 Gosnold M (N B ) . . / 101 Granite Mills (F R ). Z Gt Falls Mfg (N H) Z 152 10454 GrinnellMfg (N B ).! Hamilt Mfg (Mass) / 101 Hamilt W (Mass) I 154 Harmony Mills pf .1 Hathaway M fg (NB)! Hill M fg Co (M e )..i Holmes Mfg (N B )../ P referred _ 10C _ 75 Home Bleach &DW t 91 Preferred____10C Ipswich M ills.- 10C 105 Preferred. . 10C 190 Kilburn M (N B) , King Philip M (FR), Lancas’t M (Mass) _Z Preferred_____ 10C Laurel Lake com _ _ 120 105 Lawrence M fg (M).Z Lincoln Mfg (F R )—, Lockwood Co (M e )./ Bid. A sk. Per share. 85 95 40 150 19 75 97 96 50 180 102 200 75 82 70 16 8 53 80 115 24 102 9254 52 90 135 158 45 7 47 95 S tocks. Par Bid. Luther M fg (F R) ./ 120 Lyman Mills (M)__Z 120 Manomet M (N B ).l 36 100 Mass Cott M ills. 100 73 54 Mechanics’ M (FR) / 47 40 Merch M fg (F R )...Z 152 Merrimack Mfg 24 (Mass) _ . 100 100 Preferred .100 76 Middlesex Co (M )_. M t V-Wood Mills 58 (Balt) v t r ___ 100 15 2254 Preferred v t r_ 100 2754 Narragansett Mills 184 (F R )________ 100 104 60 _ N asha wena M _ 100 110 Nashua M (N H) 100 68 85 Preferred _ P00 _ 87 96 Nat Fabric & Fin 100 76 70 19 97 Naumkeag (Mass) 114 11 Steam Cot Co .100 190 Neild Mills (N B )..Z 215 58 New Bedf’d Cot M Z 100 85 Preferred.. 100 119 9754 New Eng Sou M ___ 28 ____ Preferred_ .100 _ Newmarket Mfg Co (N H )_____100 ___ Nonquitt. Sp (NB).Z Osborn Mills (FR).Z Pac Mills (Mass) 100 x 5954 95 ___ Parker Mills (FR) —i _ _ P referred _______ 48 Pemaquid M _ 20 Pepperell M fg (M e)/ 140 90 Pierce M fg (N B)__Z 420 14 150 75 Pocasset M fg (F R )./ 30 50 80 100 158 Ask. Per share. 130 130 39 85 105 80 17 81 80 113 70 100 85 100 Stocks. PonemahM (ITov)_Z Preferred. . .100 Potomska M (NB) / X Quissett Mills (NB) Z Preferred . .100 Rich Borden Mfg Co (F R )_____100 Sagamore M fg (F R )________ 100 Salmon Falls M fg C o(N P P ). 100 Seaconnet M (FR).Z Sharp M fg (N B )—Z preferred _ 100 _ Shawmut Cot Mills (F R) com ____100 Preferred_____ 100 Shove Mill (F R ).100 Shenandoah Cotton Soule Mill (N B ).1 0 0 Stafford M (F R)_.Z Stevens M fg (F R)_Z Taber Mills ( N B ) . .! Thorndike (M ass).. Tremont & Suffolk 9 M (M ass)____100 3354 Troy C ot’n & W ool’n M fg (F R ) ___ 50C 134 Union Cot M f (FR) Z 70 Utica Knit C o...10C 70 preferred ____ IO C 5 9% Utica Steam & Moh 10 Val Cot M f g ...., 40 Wampanoag Mills 26 (F R )________ 10C 143 ____ Wamsutta M (N B) 167 35 195 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. It Nominal, r Canadian price. s Sale price. INewsteck. xEx-div. v Ex-rights, z Ex-stock div. f Without par value. Par Bid. A sk. Per share. ___ 15734 100 102 16254 80 ____ 185 k 40 6254 140 ____ 30 185 35 120 110 ____ 30 5 4754 6754 ____ 40 40 200 ___ ____ ____ 45 50 100 112 50 75 ____ 116 65 85 90 100 50 102 m 1st install, paid. Stocks. Weetamoe M (FR).Z Whitman M (NB).Z Wlnnsboro M pf.100 York M fg (M e ). 100 Bid. Per 92% 100 55 A sk. 60 C anadian Mills. Can’n Connecticut Cum pref_____100 Can Convert, L t d ../ Can Cottons,Ltd.100 Preferred_____100 Domin Text, Ltd_(t) Preferred_____100 Montreal C otton s../ Preferred_____ 100 Penmans, Ltd _ .l0 0 Preferred_____ 100 110 250 91 80 ___ 106 106 25 950 ___ 62 99 205 106 100 101 ___ 145 290 97 145 250 137 110 60 130 87 100 93 150 300 99 148 __ 141 112 62 140 90 275 102 134 102 68 129 150 101 97 210 103 82 18 160 120 144 112 85 190 9% 85 60 149 32% 92 49 104% 107 143 89 20 137 90 195 140 109 90 45 88 95% 89% 118% 101 110% 179 102 95 145 91 100 87 180 130 92 50 130 160 165 203 106 120 ___ 135 50 285 105 138 105 72 133 84 104 99 215 106 85 21 170 126 148 114 90 200 10% 90 70 160 34 55 93 51 106 110 147 50 91 40 140 95 145 112 91% B oston — Boston_________ 100 Colum Nat L ife. 100 Conveyancers’ T itle_________100 Mass Bonding___ 25 430 156 435 162 265 B rooklyn— See N Y D ayton— Liberty_________ 50 Reliable_________ 20 90 64 650 575 278 650 675 755 585 Life Insurance. Aetna Cas’ty & Sur 910 Aetna L ife .. -.100 1330 Conn G e n _____100 1775 Travelers’ _____100 1370 Rights _____ 252 100 67 60 34% 20 1% d 45 r 152% 19% r 16c. 670 585 285 665 Stamped. 600 930 1390 256 Indian apolis. Sterling Fire_____10 d 11% 13% Louisville. Liberty__________ 50 ____ Per cent. 200 Per share. M inneapolis. Nor’west E & M .100 n 185 190 Newark. A m erican_______ 5 Firemen’s .. ____50 Prudential Life_ 50 _ 24 230 450 New Haven. Security Ins_____25 25 235 ____ 92% New Orleans. Lafayette________ 50 93% Per share. 240 Per share. 300 310 270 310 305 600 126 124 170 167 1530 1575 294 297 d 190 200 355 359 d 70 72 90 85 d 250 252 d 245 265 280 d 114 118 d 260 d 88% 89% 220 d 143 145 d 43% 44% Philadelphia. Alliance of Phila. .10 Fire Association..50 Ins Co of N A ___ 10 Ins Co State o f Pa 100 Lumbermen’s ___ 25 People’s Nat Fire_ _ Phila Life___ 10 R elian ce_ _ ..5 0 United Firemen’s 10 Victory___ . .50 54% 273 57% 98 35 10 105 15 105 56 276 58% k 120 108 108 Providence. Prov Wash’ton_ 50 _ 385 395 R ichm ond. Virginia F & M ..2 5 Deposited sto ck .. 90 88 94 92 St. Louis. Cent States Life_ 5 _ Continental L ife ..10 Missouri State L.10 Internat Life . . . . 50 Standard Life_____5 14 27 50 65 2 16 30 55 67 4 St. P aul, M inn. St. Paul F & M ..2 5 92 San Francisco. Firemen’s Fund 100 Home Fire & Marine 92 32% Springfield,M ass. Springfield Fire & M 225 140 27 17 W heeling, W. Va. Wheeling Fire 1 .100 — MINING STOCKS. Adventure Cons..2 5 Ahumada Lead Co 1 Alaska Juneau Gold Mining. _____1C Algomah _ 25 _ Amer Zinc Lead & Smelting _____25 Preferred ____25 Anaconda C o r p ..50 Arizona Com ’cial_.5 Arcadian Cons ..2 5 Bingham M in es.. 10 Bonanza Dev C o .10 Butte Cop & Z C o .5 Butte & Sup . 10 Callahan Zinz-Lead Co____________ 10 Calumet & Ariz..1 0 Calumet & Hecla_25 x Carnegie M etals__ Carson Hill G M ..1 Preferred. .100 Cop ($3.75 p d )..5 418 . 35 k 150 Per share. 15c. 9% 40c. 9% 1% 10c. 1% 25c. 9 36 48% 12% 90c. 54% 1 6% 14 9% 37 49 13% 1 55% 1% 6% 14% 2% 57% 13 60% 34% 21 2% 45% 153 20% 16%c. 25% 17% 3% 72 86% 6 27 17% 4 80 88 15c. 1 20c. 1% 5c. s 6c. Mines___________ s ranby Cons M S & Power________ 100 18 18% ranite-Bi-Metallic 25c. 20c. (St Louis)____10 13 13% 80c. 1% ..5 r __ 16.85 47% 48% New v t c -----------1 nsniration Cons Copper__ .20 stand Creel Preferred _ 24% 25 26% 27 153% 152 99 99% x 12% 13 56 Kennecott C op per.! 55% s 1% Kerr Lake________ 5 1% 1% 30c. 34c. La Salle C opper..25 1% 1% 43% 44 la Copper C o .f a Yal M ines.-6 2 1% 50c. 75c Mass Cons_______ 25 Mayflower Old Col 25 1% IX McIntyrePorcupine5 21% 21X 11 Miami Copper------5 10 X Michigan________ 25 Mohawk_________ 25 x 3 2 % 33 X Motherlode Coal’n . f 7% 7X Nevada Cons C o p .5 13 % 13% New Cornelia Cop_5 20 19X New Dominion A ..1 10c. 30c. New River C o_ 100 _ 25 55 Preferred ____100 58% Nipissing Mines— 5 5 5% North Butte_____15 3% 3% 15c. 35c. North Lake______ 25 75c. 90c. Ohio Copper_____10 18% Old Dominion C o .25 19% Ontario Silver M in .t 10 10% 2c. Pit & M t Shasta Cop 3c. Pone Creek— Pocahontas . 15% 16 22 23 Quincy---------------- 25 Rand Mines, L td_ _ 33% 35 12% Ray Cons Copper. 10 12% St Joseph Lead_ 10 _ 44% 45% St M ary’s Mineral35 Land__________ 25 36 3c San T o y ___________1 4c. 8V 8 _ Seneca Cop M in_ f 9 55c. Shannon_________ 10 70c. Shattuck Ariz CoplO 6% 6X South Lake______25 25c. Superior & Boston 10 IX Superior_________ 25 Tennessee Copper & Chemical_____t 13X 13 X Tonopah-Belmont . 1 IX IX 5% Tonopah (N ev)_ 1 _ 5X Tonopah Ext M in .l 1 Vs IX 3 Trinity Copper----- 5 5 26 United Verde Ext50c 27 Utah-Apex________ 5 6% Utah Consolidated_5 Utah Copper C o ..10 102 X 112 40c. Utah Metal & T u n .l 50c 45c. Victoria______ 50c 20c W inona__________ 25 25c W yandot________ 25 45c 25c. Yukon Gold______ 5 50c REAL ESTATE T R & LAND STOCKS 410 W ashington. American_______ 10C Corcoran_______ 5(1 Fireman’s . . 20 National Union_ 5 _ A sk. Per share. __ H artford. Aetna (Fire)____100 Automobile In s ..100 Rights ________ Hartford Fire_ 100 _ Hartf Steam Boil Insp & Ins____100 National Fire 100 Phoenix (Fire)-.100 New Y ork. Amer Alliance -.100 Bankers & Ship. 100 City o f New York 100 Commonwealth 100 Continental _____ 25 Fidelity-Phenix__ 25 Globe & Rutgers 100 Great American 100 Hanover________ 50 H o m e _________ 100 Lincoln__ _ _ 20 Met Casualty Ins_ _ National Liberty. 50 Niagara________ 50 Northern _____ 100 North River_____25 Pacific Fire_____25 Rossia Ins_______ 25 Stuyvesant------- 100 United States___ 26 Westchester______10 Bid. A sk. Per share. M A RIN E IN S U R ANCE SCRIP. 48 Per cent. Atlantic Mutual— 89 1923____________ f 104% 123 106 1924____________ / 104% 106 97 1925------------------89% 105 106 INSURANCE STOCKS. B altim ore— Central Fire n e w .10 Bid. Par D etroit. _ Detroit F & M _ 50 40 ____ Michigan F & M .50 100 240 88 75 245 103 100 20 900 320 59 97 195 104 98 98 ____ 119 89 90 83 175 120 89 135 400 250 48 122 119 155 102 200 199 103 110 150 130 140 48 Stocks share. S o u th e rn Mills. Abbeville C M (SC) Z Amer Spinning Co Anderson C M (SC) ./ Arcade Cotton Mills Arcadia M ills_ 100 _ Preferred______ Arkwright M ills-----Augusta Fac (G a)..Z Avondale M ills__ Beaumont M fg ... Belton Mills ( S O ) ..l Preferred______ Bibb M fg _______ 100 Preferred 8% .100 Preferred 6 % -----Brandon M , pref— Brookside M ills. 100 Calhoun M ills___ Chadwick-Hoskins25 Chesnee M ills___ Chiquola M fg ___ Preferred_____ Clifton M fg (S C)100 Clinton Cotton Mills Columbus M fg (Ga) Converse (D E)_100 Cowpens M ills... Dallas M fg (Ala). 100 Darl’g’n M fg (S C ) . / Drayton M ills— 100 Dunean M ills_ 100 _ Preferred_____ Eagle & Phenix Mills (G a)___ 100 Easley Cot M , pref. EnterpriseMfg(Ga) .1 Gaffney M fg (S C)_Z Gainesville Cot Mills Glenwood M ills____ Gluck___________ Granteville M fg . 100 Greenw’d C M (SC)./ Gundel Mills____ Preferred______ 50 Hamrick__________ Hartsville Cot Mills Inman M ills______ Preferred_______ Jackson Mills_____ Judson Mills____100 Preferred_____100 King(J P) M fg (Ga) Z Laurens C M (S C)_/ Limestone C & M _ _ Marion Mills___ 100 Marlboro C M (SO)./ _ Mass Mills (G a)_ Mills M fg Co (S C )./ Mollohon M fg .. Monarch C M (S C) / Preferred_____ Musgrove M ills___ Newberry C M (SC)/ Ninety-Six Mills-----Norris Cot M ills. Orr Cot M (S C ). 100 Preferred_____ Pacolet Mfg (S C) Preferred_____ 100 Panola-C M A pf_90 Pelham Mills___ Phillips Buttorff M _/ Pickens Cot Mills_ _ Piedmont M fg (S C )/ Poe, F W , M fg (SC)/ Poinsett Mills_ 100 _ Riverside & Dan Riv Riverside M _ 12.50 _ Saxon Mills_____100 Sibley M fg (Ga).100 Spartan Mills (S C )./ Toxoway________ 25 Union-Buffalo Mills 1st pref_______ 100 2d pref_______ 100 Victor-Monag C o ../ Preferred_____ 100 Ware Shoals Mfg.100 Watt Mills________ 1st preferred____ 2d preferred____ Webb M fg (Nash) _ . West Point M fg.100 W hitney'M fg (S C )./ Williamston Mills. W oodruff M ills. .100 Woodside Cot M.100 Preferred_____100 45 INDUSTRIAL AND MISCELLANEOUS STOCKS D ec ., 1925.] Per share. Albany Tr (Bost)100 a 58 Alliance Realty. . 100 170 Bedford Tr (Bos) 100 a 57 BerkeleyHotelTr (B) / a 78 B d o f Tr Bid Tr (C).Z a ___ B osG r’d R ’T Tr (C)I a ___ Bos R E T (Bos) 1000 a 950 Bos Stor W n ’se (B) .1 a 125 Boston Wharf C o_ ./ a 113 Bromf Bldg Tr (B )_/ a 80 Business R E Tr(B).Z a 28 Cent Bldg Tr (B)._Z Chic R E Trus’s 1000 al040"~ City R E G (C ) . 1000 a 500 Congress St Associ ates (Boston)___ / a ____ C ’gress St Big Tr(B)Z a ____ Copley Sq Th (B os)./ a 40 Devonish Big Tr(B)Z a ____ Preferred______ a ____ East Bos Land (B) 3X Ensley Land C o_ / 115 _ Essex St Tr (B ost)./ a 62 Factory Big Tr (B).Z Fifty Associates (B ). 03700“ Hotel Tr (B oston )../ a 139 Kimball Bldg Tr(B)Z 80 Realty Associates of Brooklyn com _ f _ 460 1st preferred..1 0 0 94X 90 2d preferred. .100 Texas Pacific Land Trust ctfs____100 450 180 55 115 975 55 55 72 4 125 Stocks. Par Bid. Per TITLE GUARANT EE & SAFE DEPOSIT ST OCK America*' Surety .50 d 183 Bond & M Guar. 100 300 Chicago T & Tr.100 480 CitySD (Alb ,NY) 100 J70 Columbia Title (Washington)_ 5 d 8 _ Fidelity & D (Md) 50 d 122 Kentucky Title Co Preferred. . 100 90 Lawyers’ Title & 370 Guar_ _ ___ Lawyers’ M C o ..100 225 Louisville T itle. -l0 0 222% Maryland Cas Co_25 d ___ Mortgage Bond. 100 150 Nat Surety C o . . 100 213% New Amsterdam Casualty (Balt) 10 d 52% N Y Title & M tg . 100 496 R E T Ins(Wash) 100 160 ___ Tit Ins & Gu(SanFr) Title GuTr(StL) 100 51 U S Casualty____100 360 USFidel&Gu (Md) 50 d 212 U S Title G uar..100 340 INDUSTRIAL AND MISCELLANEOUS Abbotts Alderney Dairies pref_ 100 100 _ Abitibi Pow & Pap f d 70 Preferred. .100 r 108 Adams Express. .100 105% Advance-Rumely 100 17% _ P re fe r r e d ._ 100 57 Aeolian-W eber Piano & Pian-_100 30 Preferred _ 100 _ 98 Air Reduction___ t d 115% Ajax Rubber ___ f d 10% Alabama C o____100 Albany Com ___ 100 95 Albany (N Y ) Safe Dep & Storage 100 160 Allied Chem & Dye Corp____________t d 110 Preferred_____ 100 120% Allied Pack new_ t d 4% _ Prior p r e f ____1O0 30 Senior pref____100 6 Allis-ChalmerB M fg C om m on_____100 87 X Preferred_____ 100 107 55 Aluminum Co com . t 6% preferred 98% Warrants.. 90 Aluminum M frs_ + d 32 _ Preferred_____100 109% Amal Sugar com _ + d 2 _ 89 1st preferred..100 27 Am Agri C h em .. 100 Preferred_____100 78X Am Bank N ote_ 50 d 177 _ Preferred______ 50 d 55 Am Beet Sugar.. 100 d 34 72 Preferred_____ 100 American B ook. . 100 138 Am Bosch Magn’o .t d 32% Am Brake Sh & F - - t d 136 X Preferred_____ 100 112 American Can_ 100 248% _ Preferred_____ 100 120% Am Car & Fdy__100 d 108 Preferred_____ 100 124 Am Caramel____100 6 Preferred_____100 70 Am Chain Class A 25 d 24% Am C hicle.. d 51 X Temp v t c d 47% Prior preferred l d 82 u Temp v t c ____t d 82 Am Cigar_______ 100 109 Preferred_____100 96 Am Coal of N J_ 25 _ Am Credit Indem.25 d 50“ Am Cyanamid-.lOO 152 Preferred_____ 100 98% Am Drug Synd_ 10 d 4% _ Am Express_____100 137 Am Fork & H oe. 100 97 1st preferred.. 100 42 American G lu e.. 100 Preferred_____100 108% Am Hardware_ 100 103 _ Am-Hawaiian SS.10 16% Am Hide & LeathlOO d 13% Preferred_____ 100 63% Amer Hosiery____25 d 30 Amer Ice C o____100 129 Preferred_____100 84 Am Intern Corp. 100 d 42 Vs Amer-La France Fire Eng In c_ lp d 15% _ Preferred_____100 97 Amer Laundry Machinery______ + d 124% Preferred_____100 124 _ Amer Linseed_ 100 48% Preferred_____ 100 85% Amer Locomotive _ } d 119% P referred ____100 119% Am M ch & Fdy.100 180 Amer Metal C o____t d 53% Preferred_____ 100 115% Amer M ultigraph-.t d 20% Amer Piano_____100 125 Preferred_____ 100 94% Amer Pneu Serv..25 d 2% 1st preferred_ 50 d _ Preferred______ 50 d 20% Amer Radiator_ 25 d 114% _ Preferred_____ 100 122% Am R y Express. 100 78% Amer Rayon Prod (t) s 37% Amer Repub C orp .t d 63 Am Rolling M ill..25 d 51% 7% pref (new). 100 109 A sk. share. 189 310 175 ____ 123% ---375 232 ____ 99% _ _ _ 222 52% 502 346 71 110 107% 18% 68 40 102 116 10% 105 170 110% 121 6% 40 9 89 108 60 99% 91 33 "91 H 27% 79 188 58% 34% 83 142 32% 136% 113% 248% 120% 108% 126 80" 24% 52 52 92% 90 112 100 53" “ 162 99% 4% 137% 2% 57% 15 19 4 0c. 30c 85' 480 97 92 490 a Purchaser also pays accrued dividend. /^Assessment paid. d Pricejper share, not per cent, h Par value $1,000. * Last sale. / Par value $100 | Nominal, r Canadian price, s Sale price. /N e w stock, u Ex-cash and stock dividend, v Ex-stock dividend, x Ex-dividend, y Ex-rights, n Without par value. 46 S tocks. [V ol. INDUSTRIAL AND MISCELLANEOUS STOCKS Par. Bid. A sk. j Per share. Stocks. Par. Bid. Per | A sk. share. 28 Stocks. Par. Bid. A sk. Per share. S tocks. Par. Bid. 121, Ask. Per share. _ _ __ 19 Fish B ' d y Ohio p f. 100 d - 67 X Brit-Amer T ob. _£1 d 26 Congoleum C o_. t'd 18% Fisk Rubber com . t d 21% Ordinary bearer £1 d 26 21% 99 27% Preferred. .100 x 101% 103 112 British Col Fish & Congoleum-Nairn.. + d 18% 1st preferred--100 110 35 19 _ _ 110 75 Packing____ 100 r 59% 59% Conley Tin Foil_ t d _ 2d pref 7 % ---1 0 0 ____ British Empire 139 78 Stpd as to liq div d % % Fleishmann C o___ t d 138 3 3% Consol Car Heat. 100 95 Steel com. . 100 45 Preferred . _ 100 115 32 645 1st pref _ 100 r 22% 50% Ford M ot of Canada 535 Cons Cigar C orp._t d 50% Fostoria Glass .100 d k 150 d 6% 10% Preferred___ 100 90% 91 6% 2d p r e f . ___ 100 r 10% 119% 120 128 130 Foundation C o____t d 174 50 175 Brown Shoe_____100 Cons Coal of St L_ 100 112 108 80% 109% Consol Distrib . _ t d 4% t d 80% 112% 4% Fox Film cl A - _ Preferred____100 146 s 27 Brunswick-BalkeFox Theatres A com f d 150 Cons Ice (Pittsb)-50 d 100 32 106 Franklin (H H) Mfg 31 % 33 Collender_____ (t) d 31 Preferred______ 50 d 21% 25 d 42 % 97% 99% Consol T extile.. _ t d 3% 85 90 43 Preferred___ 100 Preferred_____100 3% 112 % 114 20 Brunswick Term & Cons Coal of M d. 100 55% Freeport Tex Co . . t d 19% f 83K R y Secur Co— See Steam RRs 96% Gabriel Snubber A . f d 37 % 38 Preferred. - .100 83 X 74y2 56 74 % Buckeye Pipe L .50 d 55 38 39 Consumers Co __20 d 4 4% Galena-Sig O il..100 185 195 103% 104 X Bucyrus com____100 110 83 Preferred___.100 85 Pref (old)_____100 107 104 10 108 101% Pref (new)___ 100 101 Preferred_ .100 _ Cont Baking A ___ t d 114% 115 io x 98 105 7% Class B . _ f d 28% 28% Gardner M otors, . f d 7% 1 1 8 X Burden Iron pref. 100 102 95 98 d 3% 52% Burns Bros 7 %pf.l00 Preferred. . . 100 d 99% 100 Gen Am Tank C ar.t d 51% ... 82% 104 5 Prior pref'ce. _ 100 110% 117% Continental C a n ., t d 81 % 1st preferred 100 103 d 117 117% 59% 10 117 59% 115 33% Continental M ot t d 11% 99% 100% Am Tob stmpd_ 50 d 1 1 4 % 115% _ Preferred_ _ 100 Class B com stk .t d 32% 11% 93 _ _t d 220 224 Com B stmpd. .50 d 114 x 24% Gen B a k in g _ 114% Burr Add Machine. + d 91% Continental Oil v t c d 24% 17% Corn Prod R efg..25 d 39% Preferred___ 100 10S 140 108% Bush Term Co com (t) d 16 ^ 39% Preferred_ ____ t d 127 _ 133 99% 101% 102 Am Type Found. 100 122 127 121 124 Preferred___-100 Gen Cig com ___ 100 6% preferred.-loO ____ 113 85% 86 _ 104 ' 109 Preferred_ .100 Cosg-Meeh Coal . . t d 17 20 Preferred___.100 7% debenture. 100 , Am Vitrified Prod.50 d 31% 32 Bush Terminal 114 56 Deb pref. - .100 109 Coty Inc temp ctf t d 54 99% 103 Preferred _ 100 _ 90 95 Bldgs pref ..1 0 0 Cramp (Wm) & Sons General Electric. 100 304 304 23% 24 American Wholesale 40 44 Butterick Co 100 Sh & E Bldg 100 Special 6% stk. 10 d 11% 11% 35% Crescent Pipe L ..2 5 d 16 Corp pref ..1 00 100 16% Gen Fireproofing. _t d 45 47 105 Byers (A M) com t d 32 97% 100 Amer Wind Glass 60% Preferred. 100 105% 107% Preferred _ -100 Crex Carpet. _ 100 59 ____ s 110 % Preferred___.100 /4 Crock-Wheeler . . 100 20 25 General M otors_ t d 113% 114% _ Caddo Cent O & R _t d Amer Wind Glass 68 74 97 Preferred___.100 California Cyanide Preferred___ 100 60 70 99 100 79% 80% 81 129% Preferred___ 100 s 93 100 99% 113% Calif Pack Corp . t 128 Preferred_____100 Deb 7% stock. 100 113 47 31 Am Wool (Mass) .100 9% General Outdoor— 47% Calif Petrol______25 d 30% Cuba Cane Sugar t d 9% ___ ____ 52% Preferred___ 100 90 X 92 _ Advertising A _ t d 52% 45 45% Preferred. . 100 Preferred_ .100 _ ____ 40 Am Writ’g Paper. 100 28% 49 Com v t c _ __ T d 28 _ Cambria I r o n .. .50 d 39 Cuba Co - - t d 47% ____ Cuban-Am Sug_ 10 d 25 49% Preferred___ 100 _ 25% Gen Petrol ______ 25 d 49 IX 1% Cambria Steel___ 50 d 90 1 Certifs o f depos. 25% 2 Canada Cement-100 r 101% 102 Preferred_____25 d 25% Preferred_____100 96% 97% ____ Cuban Dominican 72 Anglo-Amer Oil__£l d 17 X 73 17% Gen R y Signal-.100 _ 100 r 115% Preferred_ 15 Archer-Daniels Common new__ t d 72 73 Can Fdys & Forg.100 r -----Sugar c o m ___ t d 3% 3% 15 104% 106% 19 Preferred_ .100 Mid com _____ t d 40 X 42 | Preferred_____100 r n ____ _ _ 20 Preferred_ -100 101 11 Preferred____100 98% 99 44% 104 General Refrac____t d 44 Can SS Lines_ 100 r 10% _ Cudahy Pack_ 100 _ Armour & Co o f Del 56 142 415 Gen Tire & T ub-.5 0 d Preferred____100 r 54 Cumberl Pipe L.100 139 ___ Cushman's Sons _t d 99% 100% Preferred_ Preferred___ 100 97 X 97% CanadianCar&F.lOO r 31% _ 100 105 ____ Armour & Co (111)— 40 Giant Port C ent..50 d 37 _ .100 r 76 Preferred_ 7% pref. 100 103% ____ 14 Com Class A _ 25 d 25 X _ 25% Canad’n Canners 100 Preferred . 50 d 55 56 8% pref. . . t d 103% 66% 67 Com Class B _ 25 d 17% _ 17% 101 46% Gillette Safety Raz. 99 Cuyamel Fruit _ + d 45% P re fe rr e d -_ 100 _ ____ ____ D H Holmes Ltd. 100 245 ___ 92 92% Can Con Rubb 100 P referred __ 100 Gilliland Oil pf--100 95 Gimbel Bros_ __ f d 76% Armour Leath com 15 d 4% _ 77% _ 100 r 85 Dan Boone Woolen 5 i Preferred_ ____ 91 92 |Canadian Explos.100 115 1 M ills.. . 25 d P referred ___ 100 113 Preferred___ 100 110 1% ___ Davis C & C - . .100 I Preferred___ 100 103 Arnold, Constable 90 Ginter C o ______ f d 48% 49 75 13% Can Indus Alch. - r 16% 16% Davison Chem. . t d 37 37% Glen Alden Coal _ t d 144 145 & Co v t c ___ t d 13 ____ Devoe & Raynolds 14 Ctfs o f dep____ d 12 X Glidden C o______ + d 23% 23% Can Locom otive-100 r ____ 76 50 Artloom Corp _. _ + d 49 X Preferred___ 100 90 91 Preferred_ _ 100 r 72 Inc 1st pref . 100 105% 107 ___ 13 73% Globe-Wernicke .100 107 7 % pref. temp 100 105 Can Woollens_ 100 r ___ _ Class A (non-vot) t d 73 86 60 20 107 96 Art Metal Con .10 d 1 8 X Preferred _ 100 Preferred_ _ 100 r ____ Deere & Co pref. 100 106 99% ____ s 210 36 138 Arundel Corn------(t) d ___ D L & W Coal. .50 d 132 Godch’x Sug Inc . t d 8 11 Canton C o___ 100 ____ ___ Det & Clev Nav__50 < 18 1 18% 40 50 Assoc Dry G ’ds Preferred _ .100 Trustees certif.100 3 d 47% 57 132% Gold Dust Corp. Com new temp. . + d 56 X Caracas Sugar 50 d 1 48 Diamond M atch. 100 d 98 X 100 6% Dixon (J) Cruc.-lOO 163 Goodrich (B F )_ t d 65% _ 165 65% 1st pref_____ 100 Carib Syndicate -25 d 6% 108 40% Dodge Bros com A (t) 100 2d pref_______ 100 106 Case (J I) Plow Wks 40 Preferred_____100 101% ____ 40% 86 Goodyear Tire & Com____ (no par) d ____ Associated Oil___ 25 d 40% Preference___ (f) d 85% ____ ____ Dominion Bdge.lOO r 96% ____ Associated Simmons 97% 34% 1st pref_. 100 Tubber c o m .. 100 ____ ____ Dom Canners .100 r 58 62 108% 109% Hardware pf--100 Preferred____100 2d p r e f . ___ 100 80c. Case (J I) Threshing Atl Fruit & Sugar. _ t d 74c. Prior p r e f ___ 100 107% 108% P referred ___ 100 r 66 67 45 Goodyear T & R of Atl Gulf & W Ind Dom Coal pref .100 r Mach com 100 63 64 99 101 SSLines. . ..1 00 97 California pref . Preferred____100 Dominion Glass 100 r 56 56% Case Lockwood fr Goodyear T & R of Preferred.. ..100 114 Preferred.. ..1 00 r 112 ____ Dom I & S pref .100 r 2% Canada p re f.. 100 r Atlan Lobos Oil. - t d 2 Brainard Co 100 285 28 95% 25 4 20 Gorham M fg com (f) d 17 Preferred___..5 0 d 3 % Celluloid C o ..- 100 Dom St Corn pf.100 r 31 ____ 65 75 110 10 Atlantic Refin’g.100 108 Preferred_ _ 100 Preferred_____100 70 Donner Steel coinlOO 114 116% Central Aguirre Preferred___.100 78 20% 74 Gould Coup A . . t d 20% 1st preferred..1 00 76 52 55 130 Atlas Portl Cem._ Sugar Cos ..2 0 d 74 35 Grasselli Chem .100 128 2d preferred- 100 61 63 48 103 44 Douglas P e c t in _ t d 20% _ 21 Preferred_____ 100 Central C & C .100 Preferred_____100 71 73 31 Atlas Powder_____t d 5 6 X 57 34 P re fe rre d -_ 100 _ Douglas Shoe p ref.. 87 83 Grat & Knight pf 100 20 92 93% Central Leather. 100 84 86 Preferred_____100 19% Dow Chem com . _t d 68 Gray & D u dley..100 63% 64 16% 99 101 d 16X 100% 73 Austin, Nich & C o .f d 30 116 30% Central Steel_____t d 71% duPont (E I) de N Gt A & P Tea pf.100 114 107% 108 93 Preferred_____ 10C 95 & Co com . 100 224 224% Gt Lakes Tow .100 70 Preferred_ .100 _ ___ 92 Auto Knitter Cent Teresa Sugar 10 d ____ Deben stock. 100 101% 102 Preferred _____ 100 ____ Durham Hosiery 50 d 19 92c. Hosiery_______ t d I X 270 Preferred.. _ .10 20 Great Nor Pap. .100 260 1% Autosales Corp_ 50 d 5 _ Preferred. . 100 55 Great West Sug 25 d 97 % 97% 5 X Century Ribbon 33 Preferred.. ..5 0 d 12 18 Eagle Lock_____25 d 103 109 Mills com . _ t d 31 Preferred.. 100 113% 115 94 96 146 Eastern M fg .. . . 5 d 4% Babcock & Wil__10C 144 Preferred_____100 5% Grnfld Tap&D pflOO 89 92 51% 39 Baldw Loc Wks.lOC 125% 126% Cert’n-Teed Prod t d 51 Preferred____100 41 20% Grennan Bakeries, t d 19% 105 115% 102 1st pref____ 100 104% East Roll M U 1____t ds 150 s 155 Preferred_____ 10C 113 X P referred ____100 90 98 25% Baltimore Tube.lOC 2d pref_ ____ 100 _ New stock . f s 37 38 Warrants ______ d 90 64 65 Preferred___.100 Champion Coated 5% Preferred_____100 s 148% 150 Guantanamo Sug t d 5 ____ Eastman Kodak_ t d 110 126 Barnet Leather. . 1 d 45 51% P a p e r . . ___ 10C _ 110% 78 85% Preferred___.100 ____ 101 Preferred_____10C 110 P re fe rr e d ._ 10C , 1 . 81A _ 84 Preferred- . 100 114% 115% Gulf Oil Corp . . 2 5 d 83% 0 45% Eaton Axle & Sp_ t d 25 Barnhart Bros & Chandler M otor, t d 45 25% Gulf States St’l. 100 87% 88% ____ Edm’s & Jones Cor_ f d 30 107 32 Spindler ls t p f 10C 103 Chapman Valve. 10C 220 1st preferred. 100 103 75c. 100 69 25 Class A voting 25 d 2 4 X Chesebr’gh Mfg 25 d 68 Eisenlohr (Otto) & 15 18 P referred ___ 100 24 Class B non-vot .25 d 23 X B ro. . .100 18% Chic June Rys & 18% Hamil-Br Shoe ..2 5 d 62 63 ___ Elec Bond & Sh pf— SeePub Util 41 Bayuk Cigars . 1 d 38% Un St Yd stpd. 100 139 Hanna (M A) 1st ____ 98 99 101 Preferred____10C Elec Stor Batt_ t d 75% _ 76 7% 1st p f (new) 10C 50 61% preferred_____ 100 125 95 Chic Pneu Tool 10C 124 Elgin N W atch. .25 d m78 2d conv 8 % p f. 10C Harbauer C o____(t) d 22 45 70% Chic R y Equip .25 d 42 Beatrice Cream..5C d 68% Elk H Coal C orp.50 d 13% 14% Harb-Walk R e f.. 100 130 26% 106% Preferred_____lOC 104 X Preferred.. _ 25 d 26% Preferred_ _ 50 d 22 25% 103 Preferred____100 Chic Wilm & Frank Ely Walker Dry Beaver Board Co— 31% Harris Auto Press (t) d 30 ____ 22 25 Goods. ______25 d 33% 34 Com v t c Cl A . t d ____ Coal c o m ____10C Hartman Corp t d 36% 36% ____ 90 5% 112 Com v t c Cl B . . i d 4 Preferred____10C 1st preferred .100 110 Hart, Schaffner & 51 34 35 Chic Yellow Cab t d 47 87 113 115 1st pref v t C..10C 2d preferred. 100 90 M a r x . ------ .100 68 69% Childs Co com . t d 67 Beech-Nut Pack._2C d 68% Emerson-Brant. .100 3% 3% P referred ___ 100 124 Preferred___ 10C 122 23 24 7 % pref C1B__ 10C 114 P referred _ 100 _ Hawaiian Com & 188% Endicott-Johnson 50 d 69 Belding Bros & Co 1 d 3 7 X 38 Chrysler Corp ._ (t ) d 188 70 S u g a r _ ____ 25 d 44% _ 46 48 Preferred _ . (+) d 108 % 109 116 Hayes Wheel. j- d 42% Beth-hem S teel.. 10C 47 X Preferred. . .lOO 114 44 22 101% Cin Tob Wareh . 10C 15 Eureka Pipe L . lOo 7 % cum pref . 10C 101 67 68 _ 103% 106 P referred _ 100 150 Cin Un Stk Y ds. 10C 145 Eureka Vac Clean t d 52% 53% Hazel-Atlas Glass.25 d 8% conv pref. 10C 115% 116 k 38 240 Exch Buff Corn . t d 17 Billings & Spen ..2 5 d 9 10 City Investing. 10C 225 17% Helme (G W) Co 115 15 Preferred_ _ 10C 106 Fair (The) Chic. _t d 34% Preferred______ 25 d 14 Common______ 25 d 68 34% 77 29 Bird & Son— Cleve Automobile. 1 d 28% Preferred_ _ 100 105% 106% Preferred___ 100 112 ____ Fairbanks Co 25 d 3 Prior pref____10C 109 Preferred _ 10C _ 4 Hercules Powder 100 135 140 100 Bliss (E W) C o___ 1 d 26 27 Clev & Buff T r. . 10C 1st preferred .100 5 10 Preferred.. 100 110 113 68 Cleve-Cliffs Iron i d 65 Preferred______ 5C d 55 57 2d preferred .100 1 5 Herr-H-MarSafe 100 160 180 130 11 Fairbanks Morse f d 48 49 2d preferred___1 d 9% C Cleveland Stone. 10C 127 Heywood-Wake33 Preferred____loO Bloch Bros T o b . .25 d ____ k 33% Clinchfield Coal. 10C 30 field C o___ 100 74 107% 110 77 ___ Fajardo Sugar. .100 128 ____ k 96 100 Preferred_____ 10C Preferred_ _10C _ 130% Preferred.. 100 99 102 68 Bluenthal (S)— Cluett, Peabody_ f d 67% _ Famous PlayersHock Val Prod .10 d 107% 30 Lasky Corp _ _ t d 106% 106% Hoe (R) & Co cl A f d 39 Inc 7% pref— 10C 65 Preferred____10C 105 39% 1 d 144% 145 Booth Fisheries_ 1 d 6 X _ 6% Coca-Cola C o. . Preferred_ _ 10C 114% 115 Hollingsh’d (RM) Co 1st preferred . IO C 60 48 52 Preferred_____10C 100% Fay & Egan com . 100 30 17 19 Collins C o. . .100 170 Botany Cons Mills— 70 180 Preferred_ _ loO 60 99 102 Class A . . .' 50 d 42% 43 Colo Fuel & Iron. 100 37% Holly Sug Co . __t d 35% 35% 35% Federal M ot Tr .10 d 36 36% Federal Sug Refg. 100 Borden Co (new) 5( d 93 95 P referred ___ 100 55 105 110 P referred _ 100 _ 89 87 Colt’s Patent Fire 110 111 Preferred___.10C Preferred____100 90 Holyoke Wat P o. 100 465 Borne, Scrymser.lOC 220 230 Arms M fg. . . 2 5 d 34 5th Ave Bus term, t d 14% So 17 Hood R u b ber.. . t d 67% 69 Bost Belting p f. 10C 26* Colum Carbon _vtc d 55% 21 28 55% Federated Metals . t d 25 Preferred _ . 100 103 99 Boston Woven Hose Commercial Invest FirestoneT&Rub 1C d 125 Hood Rub Pro pf 100 107 93 Trust. _ t d 76% & Rubber com. 10C 77% 6% preferred 10C 99% 100 Hooven Owens & ____ Preferred_____10C 99 1st preferred--10C 102 103% 7 % preferred. 10C Rentschler pf.100 99% 99% 80 90 Briggs M fg______(f) d 32 Vs 33 First National Commercial Credit Household Prod . t d 45 45% Brill (J G )______ 10C 136 141 Common f d 43 % 44% 107% Houston Oil ctfs. 10C Pictures ls t p f . 10C 105 70 69 ____ ____ Preferred_____100 7% preferred_ 25 d 26 _ 25 d 95% 26% Fisher B o d y .. 95% Preferred ctfs. 10C 85% 87% Bristol Brass_____ 25 \d 6 9 8% pref cl B _ 25 d 26% _ Preferred_____100 Howe Scale pref 10C 27% 65 70 Com Solvents A _ t d 124 _ 128 Hudson M ot Car. + d 98 98% Class B . . + d 121 124 Humble Oil & R ..2 5 d 74% 74% a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale. /P ar value $100. n Nominal, o Price per cent of val, r Canadian price, s Sale price. / New stock, u Ex-stock div z Assessment paid zJEx-dividend v Ex-rights, t Without par value. Am Safety Razor 100 American Screw. 100 Am Seed M ach_ 50 _ Preferred___.100 Amer Shipbldg-.lOO P re fe rre d __ 100 Amer Ship & Comm erce.. --------- t AmSmelt& Refg.100 Preferred___ 100 _ Am Snuff com _ 100 Preferred_____100 Am Steel F ’dries.(t) Preferred.._ .100 _ American Stores_ + Am Sugar Refg_-100 Preferred____100 Am Sumat T o b . . 100 Preferred_____100 Am Thread pref_ 5 _ Am Tire & Rub com . d 66% 95 d 27 INDUSTRIAL AND MISCELLANEOUS STOCKS D ec., 1925.] S tocks. A Par. Bid. A sk. Per share. S tocks. Par. Bid. A sk. Per share. Stocks. Par. Bid. Ask 47 Stocks. Bid. Par. Hupp M otor 10 1 2554 Library Bureau, (t) d 38 Nat’l Transit..12.50 d 26 40 Natomas Co of Cal Hutch Sug Pltn .25 d Preferred.. 100 106 110 14 ____ preferred_____100 n 634 Hydraulic Pr Br.100 6 % Lig & Myers T ob.25 d 89 234 8834 New Bedford CordCommon B _ 25 d 8734 _ 88 Preferred.. 100 99 99% age com ______ 10 40 Hydraulic Steel. _ t d Preferred-100 121 123 ___ Preferred _100 x !0 7 "Preferred_____100 4% Lima Locom W k s.t d 6634 67 34 2 Illinois Brick_____25 d 36 3 6% Lindsay Light------10 234 New Departure ____ Mfg pref. .100 105 Hlinois Pipe L _ 100 _ Preferred_ __ 100 _ L34 135 534 634 Imperial Glass. .100 Lit Brothers_____10 d 32 f 72 c 32 34 New England Spun 110 Silk pref _ . 100 107 Imperial Oil new----- d 34 3834 3434 Loew’s Inc________ t d 3834 N J Zinc . . . .100 205 210 Imperial Tobacco Loft Inc__________ t d 734 8 N J Worsted Mills 49 o f Canada com .5 d 6 6 % Long Bell Lum A (t) d 4834 102 8% pref-----------105 Imperial Tobacco Loose Wiles Bis. 100 112 11934 New Mexico & o f Gt. Brit & Irel'd d 25 1st preferred ..1 0 0 26 15 Arizona Land_ 1 d 14 _ Indepen Brew’g ..5 0 d 2 34 2d preferred.. 100 2% ____ New Niquero SuglOO 85 Lord & Taylor. .100 350 375 Preferred___ .50 d 7 38 N Y Air Brake___ t d 37 34 1st preferred .100 _ 94 98 Indep Oil & Gas_ t d 31 31% Class A stock_ f d 54 _ 2d preferred-.100 105 Indep Pneum T o o l.t d 57 61 5634 71 Indiana Pipe Line 50 d 62'A 63 Lorilla'rd (P )___ 25 d 37 37 34 N Y Canners I n c .-t d 7034 ___ 7% cum pref. .100 d 109 Indian M otocy cle.. t d 2034 Preferred.100 111 115 20% 42 N Y Dock______100 41 7 % preferred . . 100 96 Louisiana Oil Ref (t) d 1634 17 Preferred_____100 76 _ Indian Ref com _ 10 d 9 173 7234 9 % Ludlow Mfg Assn (t) d 170 Stock tr ctfs .10 d 854 Ludlum Steel_____t d 52 9 5234 N Y Steam See Publie Utilities— Preferred___ 100 87 94 % Lukens Steel. ..5 0 d ___ N Y Transit___ 100 54 55 MacAndrews & Ingersoll-Rand . . 100 95 98 Nicholson F ile .. 100 185 173 F orbes_______ 100 169 Preferred_____100 104 Niles-Bem’t-P’d-100 30 34 100 103 Inland Steel____25 d 4334 Preferred _____ 100 44 Preferred____100 61 65 Preferred___ 100 108 111% Mackay Cos (See P ublic U Cilities) ___ Nor & W Stboat.100 270 Intercont Rub __ 100 218 16% Mack Trucks l n c ..t d 215 1554 ____ North & Judd____25 d 37 Int Agr Cor com _ t d 22 _ 1st preferred ..1 0 0 110 111 22% 80 Prior pref ctfs— t d 75 2d preferred. .100 105 34 10634 Northern Pipe L.100 8034 85 14 Int Business M ach.t d 163 Macy (R H )______ t d 106% 106 34 Norwalk T & Rub 10 d 13 34 165 Preferred. . 100 88 89 _ Inter Button Hole P re fe r r e d ._ 100 11634 11634 Nova Scotia St & C ’l r 22 Sew M achine.. 10 d 534 Magnolia Petrol. 100 180 34 182 d 17 d 68 17 % 2234 69 d 2234 165 10434 82 8734 Ogilvie FI Mills newt r Pref (7 % )___ 100 104 Preferred_____100 r 120 Int Cigar M ach. 100 Manati Sugar_ 100 _ 40 80 38 90 ___ Int Combust Eng__t d 6454 Ohio Body & B l - . - t d Preferred . . . . 100 64% 81 7734 99 Int Educational Manhat El Sup t d 5034 9934 50 34 Ohio Brass pref. .100 Class B ______ t d 76 34 Publishing c o m .50 d 15c. 25c. Manhattan Shirt.25 d 3134 7734 33 34 Ohio Oil. - . ..2 5 d 643/8 64% Preferred.. __ 50 d 354 Preferred. . 100 11634 120 4% Oil Well Supply t d 3534 35% 123 124 93 Preferred_____100 Preferred_ .100 _ 104 105 Preferred ..1 00 r 103 119 120 Ontario Stl ProdlOO r 70 Internat’l Match— Maracaibo Oil 71 ___ Exploration_____t d 25 Preferred____100 r 97 P articp ref.. ..3 5 d 53 53 % 25 34 _ Int Mer Marine. 100 3434 93 4 9 % Marland Oil . __t d 58 5834 Onyx Hosiery_ _t d 34% Preferred____100 Marlin-Rockwell 93% Preferred------- 100 37 9434 36 34 Inter Nickel_____25 d 46 34 Corp v t c _ . — t d 29 5134 2934 Oppenheim Collins, t d 5134 4634 Orpheum C ircu it.-i d 2934 22 Preferred_____100 100% 101% Martin-Parry C o r.t d 2134 2934 Preferred_____ 100 56% 2 107 Inter Paper_____100 102 5 6% Mason Tire & R ----1 d 234 Otis Elevator___ 50 d 126 6% preferred.. 100 Preferred. . .100 14 131 16 85 88 Preferred_____100 Mathi’son Alkali.50 d 9034 104 7 % p r e f.. — 100 91 97% 98 10634 Otis Steel_________ t d 12 Internal Petrol------1 d 81% Preferred. -.100 100 31 % 1234 1st preferred_100 May (The) Dept 86 Inter Salt ______ 100 80 87 87 34 52 Internat Shoe------- 1 d 177 Stores Co com . .50 d 13534 13534 Outlet Co com — (t) d 51 180 Preferred 100 100 Preferred_____100 Preferred_____100 123 99 11634 Owens Bottle___ 25 d 6534 22 Inter Silver_____100 Maytag C o . — t d 2134 250 6634 Preferred_____100 McCall Corp___ 100 Preferred. . . 100 110 142 137 115 11334 114 1st preferred-_100 137 Oxford Paper pfd 100 102 W arra n ts----------- d 22 142 104 26 McCrory Stores_ t d 110 _ Pacific Coast C o. 100 116 29 Int Text Book_ 100 _ 43 4 1% 2534 1st preferred.. 100 Intertype Corp------t d 27 Non vot cm cl B . t d 115 118 71 65 2734 2d preferred. .100 Pref with war. 100 50 Iron Prod Corp---- 10 47 65 79 J R Montgomery 100 Pacific Mail SS____5 d 1234 Without warr.100 108 115 13 34 100 Pacific Oil_ _ t d 5934 110 5934 d 70 Packard M otor_ 10 _ 46 Jewel T e a ------- 100 36 43 3634 18% 19% M e n g e lC o _____100 Paige-DetroitMot (t) d 25 34 Merc Stores_____100 d 140 Preferred_____100 145 114 116 2534 Pairpont Corp. .100 190 Johns-Manv, In c ._ t d 142 Merch & Mfrs— 147 Johnson Tin Foil Secur Co com . .25 d 3334 3634 Pan Am Petrol & Transp com ____50 d 72 Merg Linotype. . 100 x 188 192 & M etal______100 60 7234 75 Com Class B _ 50 d 7334 _ Jones Bros Tea------1 80 74 16 1634 Merrimac Chem . . 50 d 76 Metro-Gold Piet pref d 2234 Jones & Laughlin 2334 Pan Am West Petrol Class A com ___ t Steel 7% pref. 100 114% 334 434 11534 Mex Eagle Oil------- 5 d Class B com ____t d 41 % Jordan M otor Car.T d 45% 11 4234 4634 Mex Seaboard O il.-t d 1034 Michigan Sugar. .10 d 434 Juncos Cent Sug. 100 105 4 434 Panhandle P & R ._ t d 125 334 Preferred___ 100 42 K C Stk Yds M e . 100 P referred____100 n ____ 99 101 Preferred- . . 100 Mid-Cont Pet— (t) d 36 88 90 7 8% 80 3634 Paraffine Cos corn .. Preferred _ _ Kanawha &Hock 7% preferred.. 100 94 93 10434 Coal &C o k e .. 100 Mid States Oil_ 10 d _ iy » 2 6 134 Paragon Refg____25 d 7 34 734 Preferred. . 100 Preferred___.100 Midland Steel 65 67 35 50 Parish &Bing stpd. t d Products pref. 100 123 Kans &Gulf C o. .10 d 128 134 % 234 % Parke, Davis C o. .25 d 112 Kayser (Jul) &C o .t d 36% Midvale C o_____-t d 24 26 115 37 » 1st preferred------1 d 10034 102 Miller Rubber— 100 S ------ s 210 Park &Tilford In c .t d 21 27 Pathe Exchange A _f d 74 3 Common new------ d 4334 Keith (Geo E) Co— 44 4 7634 1st preferred. .100 Preferred . . -.100 10234 103 Peck, Stow & Wile 25 d 25 27 97 Kelly-Springf Tire 25 d 16% 82 Peerless M ot Car.50 d 38 3 40 75 4 1634 Mohawk Rubb--100 6% cum p re f..100 Preferred. -.100 Penick & Ford___ T d 1834 80 85 63% 1934 6634 Preferred___ 100 103 8% 2d p r e f ...100 Moline Plow 1st 66 64 Penn Coal & Coke 50 d 1734 * pref___ ___ ..100 Kelsev Wheel_ 100 105 _ 107 1734 Montgomery Ward Penn Salt M fg_ 50 d 72 _ Preferred. — 100 73 Penn Seab Steel_ t d 2 _ Co common____10 d 78% 79 Kendall M fg--------- 1 d 5 15 234 Penn Traffic____234 d 1 % Preferred_____100 Preferred_____100 115 113 234 70 Penn-Mex Fuel_ 25 d 23 _ Kentucky W a g .. 100 Class A --------- 1 d 117 118 23 34 Kevst Tire & R — 10 d 2 % 234 Moon M otor C ar_-t d 34 3434 Penney (J C) pf.100 105 Morris (Philip)— 10 d 21 128 Kinney (G R )------- 1 d 85 87 2134 Phelps-Dodge___100 125 Phila Insul Wire_ ■ d 52 _ Preferred . . . . 100 53 102 % Morse Twist Drill 98 & Machinery— 50 d ____ Klrbv Lumber. _ 100 135 160 8234 Phil & Read C & I . ” d 41 34 4134 Ctfs of int (w i). . ■ • 42 Knight (B B & R) pf M oto Meter Co A . _ t d 41% 2 42 34 4 42 34 Kresge Dept Stores t d 33 M ot Wheel Corp. ( t ) d 3134 55 3134 Phillip-Jones Corp.- d 53 34 Mountain Prod_ 10 d 2434 _ Preferred___ 100 Preferred. . .100 2434 80 85 94 97 Muller Bakeries A . . t d 28 Phillips Petrol_____t d 43 Kresge (S S) C o . 100 702 30 720 4334 Phoenix Hosiery .5 d 35 117 101 37 11434 113 Preferred_____100 Kress (S H) & Co 100 Mullins B ody— -t d 1534 16 96 9734 Preferred. -.100 Preferred _____ 10C 8534 Pierce-Arrow M ot 8234 Car Corp_____ + d 3534 Kupp’h'mer (B )— 5 d 24 Munsingwear I n c ..t d 3334 36 3434 Preferred_____100 Preferred------- 100 Murray B o d y ------- 1 d 14 89 9034 1434 9834 Nash Mbtor (no par) d 445 Pierce Oil Corp_ 25 d _ Laclede Steel------100 155 450 158 134 154 Lake Sup C o rp ._ 100 Pref Class A . . 100 10534 10634 Preferred___.100 23 24 3% 334 Lake of the Woods Pierce Petrol _____ t d Nat Acme stpd— 5C d 9% 10 5 534 Milling_______ 100 r 172 Nat Biscuit_____1 C d 6934 Pigg Wigg Corp— t d 48 70 53 Preferred.. ..10C Preferred___ 100 Preferred.. .100 r 115 126 130 98 105 122 Pittsb Brewing_ 50 d 434 _ Landers, Frary & Nat Candy. ..10C 89 434 1st preferred.. 100 108 Preferred______ 50 d Clark_________ 25 d 93 510 15 95 2d preferred--100 107 Pitts Coal (Pa)..1 0 0 Lanst Monotype 100 110 85 % 41 42 8534 Larrowe Milling----1 d 108 Nat Cloak & Suit 100 72 Preferred_____100 86 83 115 7134 Pittsb Oil & Gas---- 5 d Preferred.. -.100 Preferred. . 10C 10034 101 106 s 534 Laurentide C o . .100 r 81% Nat Dairy Prod— t d 8034 s 280 8034 Pittsb PI Glass. .100 Lee Rub & Tire------1 d 14 Pittsb Steel pref. 100 43 1434 Nat Dept Stores— t d 4234 9734 10034 1st preferred-.100 Pittsburgh Steel Fdy Leh Coal & N av..5 0 101 98 97 105 c o m .. . (+3 d 25 Lehigh Val Coal Nat Dist Prod— (t) d 31 26 3134 Preferred------- (t) d 72 Preferred-10C 73 S a le s _________ 50 d 83% 85 7734 Nat Enam & Stpg 100 Leh & W-B C o a l.-50 d 36 58 55 3634 Pittsb Term CoallOO Preferred- _.10C Preferred _____ 100 89 Lehn & Fink P rod-t d 39% 87 88 85 34 3934 Nat Fire-Proofing 50 d ____ Libbey-Owens Plimpton M fg Co 100 100 17 P r e fe r r e d .._ 5C d 39 _ Sheet Glass___ 25 d 210 50 63 3934 Porto Ric A Tob.100 218 d 77 77% 120 121 113 115 National L e a d .. 10C 163 Preferred_____ 100 Libby, McNeil & 16434 Preferred- ..10C Power Corp— See Pu b Utilit ies. Libby_________ 1C d 11634 118 s 834 National Leather. 10 d 434 434 Prairie Oil & Gas .25 d 5534 5534 _ Nat Ref com ------- 25 d 42 4334 Prairie Pipe L _ 100 12834 12834 Preferred . . 10C 130 Pratt & Whit pf.100 65 75 Nat Sugar Refg.100 107 109 Pressed Steel Car 100 56 5634 Preferred.100 Nat Supply C o---- 50 d 56 57 8134 8234 Preferred____10C _ 135 10734 11034 Proc & Gamble_ 20 d 1 34% Nat Tea com . . + ds572 Preferred- . 100 164 s 580 170 ___ Preferred- . 10C 6% preferred-.IOC x 110 11134 Prod & Ref Corp. 50 d 1434 1434 Preferred______ 50 d 31 34 Pullman Co_ _ 10C 15634 15634 Punta Alegre Sug_50 d 3834 39 _ 25 d 2634 _ 85 6 % preferred _ _ 100 8% preferred. .100 10734 Quaker Oats___ (t) d 127 Preferred. 100 105 Radio Corp . f d 4 1% Preferred, _ 50 d 4634 _ Ry Steel-Spring. 100 171 Preferred_ _ 100 121 Reece Button-Hole Machine . . 10 d 1534 Reece Fold M ach. 10 d 134 72 Regal Shoe pref____ Reid Ice Cream, t d 5334 Preferred- . 100 Reis (Robt) & C o .- t d 18 75 1st preferred 100 Remington Noiseless Typewriter _ _t d 5034 ____ s Preferred- . 100 Remington Typ.100 d 102 1st preferred.-100 105 1st p f Ser S .100 104 2d ’preferred .100 106 Reo Motor Car ..1 0 d 2434 Replogle Steel . _t d 1534 Repub I & Steel 100 5634 Preferred.100 92 34 Reynolds Spring . t d 1034 Reynolds T ob_.25 d ____ B c o m m o n ____25 d 93 34 Preferred.. 100 121 Rich & Boynton Partic pref. _ t d ___ * _ t 18 t 30 Rocky M t Fuel. 100 234 Preferred100 334 Rome Brass & C.100 130 Rome M fg _ 100 100 Royal Bak Pow 100 190 101 Royal Dutch Co N Y d 5354 Saco-Lowell Shops. 1 9 38 Preferred.. .100 2d preferred. 100 20 Safety Car H & L I00 127 St L Car Co 7 %pf 100 t 96 65 St L Cot Comp 100 St L Nat Stk Y . 100 85 St L Rocky M t & 20 Pacific Co_ 100 _ Preferred.. 100 4934 St Regis Pap, com .t d ___ s Preferred 100 834 Salt Creek Cons Oil d Salt Creek Prod 10 d 3034 1 San Cecil Sug pf.100 76 Savage Arms .100 Sav Riv Lum pf 100 3 Savan’h Sug com t d 135 Preferred. _ 100 114 Schulte Retail St t d 123 34 115 Scovill M f g _ 100 _ 228 Seagrave C o r p .. _f d 13% Sears, Roebuck & Co common_ 100 220 _ Seiberling Rubb_ t d ----_ _ P re fe r r e d ._ 100 Shaff O & R p f-,100 Sharon Steel Hp 50 d 25 Shattuck (Frank G) + d 69 Shell Transp & Tr £2! d 4554 Shell Union Oil___ t d 2434 Preferred- . .100 104 Sherw-Williams .25 d 4334 Preferred100 106 Sher-Wms Can_.100[r 120 Preferred . 100 |r 109 Shredded W heat. 100 r 162 Simmons C o _ _ f d 5334 Preferred. .100 105 34 Simms Petrol C o. 10 d 23 Simon (Franklin) & Co pref. 100 104 Sinclair Cons Oil t d 20 Preferred_____100 8834 Singer M fg _ . 100 364 Singer M fg Ltd_ £1 d _ 9 Skelly Oil________ 25 d 3034 Sloss-Sheff S & 1.100 13334 P r e fe rr e d ._ 100 102 _ Smyth M fg C o ..100 Solar Refining__ 100 215 Sonora Phon pfd .100 30 Southeast Exp 100 98 Southern Ice Util— Class A . 18 Class B 18 100 Southern Pipe L.100 70 South Penn Oil. .100 168 So Porto RicoSuglOC 86 Preferred . . 100 103 34 S'west Pa P L . -10C 57 Spalding(AG) & Bro 1st preferred -.100 9934 Spanish River Pulp & Paper M __ 100 r 100 Preferred_____100 r 11334 Spear & Co, temp, t d 1434 P r e f. . . ...IO C 80 Spicer M fg Co . . f d 26 Preferred. . 100 103 Stafford Co pref. 100 90 Standard Milling 100 d 7634 Preferred 100 8434 Stand Oil (Cal)...2 5 d 5534 Stand Oil (In d)_ 25 d 6434 _ Stand Oil (Kan)..2 5 d 32 Stand Oil (K y )_ 25 d 13234 _ Stand Oil (Neb) .100 240 Stand Oil of N j _25 d 43 Stand Oil of N Y . . 25 Stand Oil (Ohio). 100 Preferred. . .100 Stand Plate Glass t Preferred. ._ 100 Prior pref____100 Stand Sanit M fg .25 Preferred100 Standard Screw. 100 Preferred A .100 A sk. Per share Per share. 18% Pure Oil Co 1834 2634 87 108 132 106 42 47 17134 122 1634 154 ____ 54 ____ 19 95 52 115 104 10554 110 10634 24 54 1534 57 94 1034 ____ 95 12134 38 22 34 5 734 140 195 103 53 54 11 42 22 129 97 89 22 5234 8054 7 3054 4 77 334 140 116 124 11634 233 14 22234 2534 97 26 70 4554 25 105 44 10634 123 53% 10554 2334 106 2034 90 367 3034 134 10334 405 220 32 101 20 20 103 71 169 89 10634 60 101 10034 11354 1534 81 2634 104 34 100 77 87 5554 6454 3234 13434 242 43 34 4534 4534 363 365 120 121 d 734 734 19 52 s 79 S 80 d 113 114 116 118 101 Stand T ank C a r___t d 1 3 % 15 Preferred new 100 60 65 Preferred old 10C 40 Stan Text Prod .100 15 Preferred A . .10C 47 48 1 Preferred B _ 100 _ 30 a Purchaser also pays accrued div. &Assessment paid, d Price per share, not per cent, ft Last sale. I Par value $100. n Nominal, r Gan adian price, s Sale price, t New stock, u Ex-cash and stock div. v Ex-stock div. to Ex-200 % stk div. x Ex-div. y Ex-rights, t Without par value d 48 INDUST. AND MISCEL. STOCKS—MUNIO. BONDS Stocks. Par. Bid. S tocks. A sk. Par. Bid. A sk. S tocks. Par. Bid. Per share. Per share. S tocks. A sk. Per share. [V ol. Par. 121. Bid. A sk. Per share. Westing Air Br'ke 50 d 122 122% 73% West’lise El & Mf_50 d 73% 1st preferred_ 50 d 80 _ 84 Weston El In stru .-t d 17 17% Class A . . . + d 27% 28% 53 Westmor’d C o a l..50 d 51% W Va PTilp & P a p .-f d 46 49 Un Oil Associates .25 d 34% 95% 97% 34% Universal Piet pref Univ Pipe & R ad . _ t d 29% Un St Yds So OmlOO 120 29% 125 Union Tank Car. 100 128 preferred ___ 100 130 79 75 Preferred_____100 Utah-Idaho Sugar-6 d 2 2% 114 115 United Alloy Steel _f d 29% _ 100% 29% Vacuum O i l . . _ 25 d 100 United Cigar Stores Vanadium Corp_ t d 30% _ 30% of America_____25 d 103% 103% Van Camp Pkg com . d 14 22 94 38 130 d 14 22 120 97 100 Van Raalte C o____f d 23 Wheeling M old & Stew-Warn Speed- f 148% 150 24 75% United Drug___ 100 ___ k 8 Stromberg-Carls .25 Fdy comm on___ t First preferred _50 d 56 56% 79 1st preferred..100 68% __ k 31 Preferred. 100 10 14% Ventura Con Oil Stromberg Carb . t United Dyewood.100 77 k 43% Fields__________ 5 Wheel Steel Corp 100 Studebaker Corp . f 56% Preferred_ .100 _ s 26 60 51% Preferred A _ 100 _ k 100% Un Eng & F dy. .100 135 Victor Talk M ..1 0 0 100 Preferred __100 120 123 110 Victory Park Land— Preferred B - 100 k 116 P re fe rre d ___ 100 Stutz M otor Car f d 19% 19% 230 & Im pt. _______ d 5% 7 White Eagle Oil Submarine Boat f d 3% 3% United PYuit___ 100 225 Sugar Estates 27% Unit Paper BoardlOO 29% Va-Caro Chem___ t d 2 2% & Refining _ . t d 27% 29 Preferred. - .100 75 Ctfs of deposit . . d 2 2% White M otor . . .50 d 83 Oriente pref. . 100 45 64 83% 40 Superior Oil______ t d 2% Untd Sh Mach Co25 d 48% Non-vot class B . f d 34% 3 49 1 1% White Rk Min Spgsf d 33% P re fe rre d ___ 25 d 28% Ctfs of deposit- d 2 91 Sullivan M ach’y 50 d 45 48 2% Whitman Wm pf_ 100 93 12% Wickwir e-Spencer P referred _ 100 _ Superior Steel ..100 28 U S B o b b & Shut.100 25 35 12 23 d d 19 17 19% 100 67% Va-Caro Chem (new co)— Trust ctfs_____f d 2% Sweets Co o f A m . 10 15 15% U S Can com _____f d 66 2% 20% Preferred _ - 100 101 Common . -t d 20 Swift & C o . 100 115 102% 1st preferred-.100 115% 93% Willys-O verland . _25 d 27 7% prior pref. 100 93 27% Swift Internat ’1. -15 d 24% 25% U S Cast IP&FdylOO d 191% 192 Preferred _ P O 101% 103 _ O 57% Preferred . . .100 119% 120 6% part pref_-100 57 % Swinehart T & R.100 20 Va Iron C & C ..1 0 0 46% Wilson & Co new __ s 31 % s 31% Preferred_____ 100 U S Distrib___ _ .t d 51 % 52 43 5 72% 79% 72% d 13% 13% 190 220 75 V Vivadou Pnc_ 10 d 22% _ 23% Wilson & C o______ f d 5% U S Envelope__ P O 140 O Class A ______ f d 20% 21 142 5% d Preferred. . .100 107 (!om ctfs dep . Telaut’g’ph C o r p -.f d 13% 108% Vulcan DetinninglOO 10 5% 14% 7 6 __ __ 21 U S Express .100 Com class A . .100 Preferred _ 100 Texas Company. 25 d 51% 52 3% 4% 4 23 Preferred_____100 PTef ctfs dep-_100 20 15% U S Finishing__ 100 88 90 85 90 24 Tex Pac Coal&Oil.lO d 15% ___ Winchester Co .100 P re fe rre d _ 100 _ 90 Texas Gulf Sulph 10 d 116 88 7% pref cl A .100 116% 45 20 U S Glass _____25 d 17 Waldorf System_ f d 16% _ 18 16% Textile Banking 100 163 174 1st preferred-.100 28 32 U S Gypsum___ 20 d 164% 165% Waltham Watch & 16 Thompson-Starret f d 110 2d preferred ..1 0 0 20 Clock cl B ______f d 21 Woods M fg _ .100 r 40 Preferred 100 d 100 Preferred_ .100 _ 23 117 118 Prior pref .100 94 Preferred 100 r 77% 90 Tide Water Oil___ t d 36% 36% U S Hoffman Ma100 chinery.. . . t d 44% P re fe rre d _ 100 d 42% _ 99% 46 73 PTef (non-vot) 100 70 4 4 , . Woodward Iron 100 9 U S Pnd Alcohol. 100 78% Walworth M fg_ 20 d 22% _ 22% Preferred. . . 100 Timken-Det Axle 10 d 8% 78 84 90 Preferred_ .100 _ W oolw’th (F W) 25 d P97 92% 109 Preferred. 100 X 90 197% 111% Ward Baking Corp— Com Class A ___ f d 185 i86 Worthington Primp Timken Roll B ear.f d 54 54% U S Playing Card. 20 d 141 U S PTi'nt & Litho— Com Class B . f d 86 86% & Mach _ 100 _ 41 % 41% Tobacco ITod- .100 97 91% 108 Common _____ 100 81 Preferred 100 108 108% Preferred A PO O _ 100 _ Class A 78 80 107 Preferred_____100 94 95% Warner BrosPiccl A 10 d 19 19% Preferred B ._ 100 62% Torrington C o _ 25 d 69% _ 64 70% Warren B r o s _____t d 45% Wright Aeron . f d 26 Transcont’l Oil. - t d 4% 170 46 27% 4% U S Radiator___ 100 160 ___ Preferred_____100 1st preferred_ 50 d _ Wrigley (Wm) J r._ t d 55% Transue & Williams 43 56 Warwick P & St_ 10 d 3% _ 26% U S Realty & Imp .100 162 Wurlitzer (Rudolph) Steel Forging, t d 26% 165 4 U S R u b b e r _ 100 _ 89% Wash Crosby pf.100 110 90 112 7 % preferred .100 110 Troy Fdy & M ach.25 d 10 Preferred. . 100 10 1st preferred-.100 107% 108% Washburn Wire .100 125 8% preferred. 100 x 102 % Preferred 100 115 10% U SSm Ref & M in.50 d 45 % Trumbull Steel . 25 dx 10% 45% Y ale& T ow ne- ..2 5 d 63 64 68 Preferred ____ 50 Washington Oil..1 0 d 40 Yellow Truck & Preferred . 100 X 66 47 48 U S Stamping__ 100 Wash Market____50 d 52 27 k 110 53 Coach M fg cl B 10 29% Truscon Steel_ 10 d 26% _ 30 Weber & H eilbr.. f d 94% U S Steel C o rp .. 100 128% 129 Preferred _ 100 Preferred. . . 10 d 95 94 95 54% Preferred_ .100 _ 125% 125% Wells Fargo & C o . . l d 3 Young (J S) C o ..100 124 Underw’d Typew 25 d 54 5 126 U S Tobacco . f d 56 Welsb’ch Co com 100 59 40 preferred _ 100 _ Preferred___.100 d 110 105 110 P r e fe r r e d .__ 100 Western Dairies com Un B & p Corp 100 76 Youngstown Sheet 113 114 75 45 47 76% Univ Ptoaf T ob--100 58 Western Elec p f 100 60 & T u b e _ __ - f d 86 _ Un Garb & Carbon t d 76 86% Preferred . . 100 98 Union Oil of Calif-25 36 100 Preferred ..1 00 108 35% a Purchaser also pays accrued dividend. 6 Assessment paid, d Price per share, not per cent, e With common stock bonus, k Last sale, n Nominal. o Canadian price, s Sale price, t New stock, u Ex-cash and stock dividend, v Ex-stock dividend. a Ex-dividend. i/pEx-rights. Without par value. Stanley Works_ 25 _ Preferred_____ 25 Steel Co o f Can . 100 preferred_____ 100 Sterling Products ( t) Stern Bros, Cl A _(t) Stetson (J B )____(j) d 90 d 27 r 93 r 113% d 76% d 52% d 92 d 35 d 75 d 92 d 74 d 55% 92 28 93% 113% 77 UNITED STATES AND MUNICIPAL BONDS In State and municipal bonds the custom has always been to quote them “ and interest.” That is, the accrued interest must in all cases be added, an. There are a very few which form exceptions to the rule— that is, where the prices given are flat prices, the accrued interest having been taken into account in making them. These are indicated by a special mark, thus (/). The figures in the column " T o N et" indicate the basis on which the securities sell or the interest rate which the securities, if held to maturity, will net to the purchaser at the present market price. B onds. Bid. A sk. To Net. Bonds. Bid. also pa ge 13. 100% 101% 95% 93 95% 92 b 3.75 3.50% b 4 % 3.75% Mobile Co 5s ref 1928.. .M&S 5s Road Feb 1932_____F&A 5s N ov 1 1947_______ M&N 4s C H & Jail 1926_____J&J Montgomery 6s 1951____1J&J 5s Funding 1940_______ J&J 5s N ov 1 1950_______ M&N 4% s Water 1928______ A&O 4% s Sch W W & Sew’44 J&J 100% 100 Montgomery Co 5s 1935. A&O Selma 5s 1927 opt 1910..M&N 100% 100% Sumter Co 5s 1950______ F&A 103% 103% Troy 6s Impt 1935______J&J 100% 101% Opt any int date at 101 % . . 100% 101% 98 ARIZONA 101% 101% 4%s ref Apr '38 opt '28. J&J15 101% 101% aricopa County S D No 1 100% 100 5s March 1933________ Mar 102% 103 102% 103 6s Highway 1947-51-J&J15 Phoenix 4% s '50 opt ’3 0 .-J&J 6s Jan 1 1946_________ J&J b 4.20 3.75% 5s School March 1933______ b 4 20 3.75% b 4 20 3.75% 5s Jan 1 1954 opt 1934.-J&J b 4.20 3.75% 5s W W 1926-1950_____J&J Prescott 5s 1948_________ J&J 4% b 4 25 Tucson 5s Water 1950____J&J T E RR ITO R IE S AND U. S. POSS ESSIO NS 4% s W Mar 10 ’38..M&S10 Hawaii, Territory of— ARKANSAS Hot Springs 4% s ’27-’50_M&S b 4.30 4% s Sept 15 1949-.M&S15 6 4.40 to 4.25 % Little Rock 4% s ’26-’30.M&N b 4% 4% s Jan 1945 _____________ 6 4 .40 to 4-25 % 4% s Fund 1931-40...M &N 54% % 4s M ay 15 '46 opt '36.M&N 6 4.40 to 4 -30 % 4% s Fund 1941-50_ M&N b 4.30 _ 4s Aug 1947 opt 1937..F& A 6 4.40 to 4-30 % St Francis Lev D 6s 1947.J&J 104 Philip Isl 5% s Sept 1950-Q-M 102 5%s 1945-1964________ J&J 5s April 1 1955.______ A&O 102% 104% 5%s 1950-1969________ J&J 99% 4% s July 1 & 15 1952.-J&J 98% 5s 1949 opt 1929______ J&J 99 98 4% s 1950-------------------------96 CALIFORNIA 94 4s g L Pur ’34 opt T 4 ..Q -F 96 5%s Highway 1927-37..J&J3 4s P Wks & Imp 1935..Q -M 94 4%s Univ Bldg Jan5’26-65J&J b 4.20 96 94 4s Impt 1936 opt 1916.F&A 4.25 4%s Highway 1936-48..J&J30 b 4.20 Porto Rico 4% s 1931-34..J&J 4.30 4s Harb Imp 1985 opt '50. J&J 4% s 1937-1940________ J&J 4.25 4s Highway July 3 1926_ J&J b 4.10 _ 4s Jan 1 1944-1950_____J&J Alameda 4s 1926 to 1941. J&D b 4.40 4s gold 1926-1960______ J&J 6 4-20 to 4.25 % 4-20 4%s Mun Imp ’26-’48.A & 0 b 4.40 4s Road 1927-1930_____J&J 4.35 Bakersfield 5s 1926-52__A&O 5s July 1954____________ Berkley 5s 1942-1951_____J&J ALABAMA 4.30 5s School 1926-1955____J&J 4%s Renewal 1950______ J&J Imperial Irrig Dist 6s ’3 8 .J&J 100 4% s Road June 1926-1931.J&J 6 4.15 to 4-30 % 4.25 Los Angeles 4% s 1926-51. J&D 4s renewal Class C 1956.-J&J 4.25 4s Water 1926 to 1945.M&N 3% s renewal Jan 1956____J&J 3%s Water 1926 to ’41.A& 0 Birmingham— 4%s Sch 1926 to 1944.J&D 5% s 1926-1935______ M&S2 6 4 25 to 4.60 % 4.55 4% s 1926-1963_______ A&O 5s School Apr 1 1950.-A&O 5s Municipal 1926-61..F&A 4.55 5s School 1934-------------J&J 5%s Harb Imp '26-’61 M&N 4.55 5s Fund Sept 20 1941.M&S 4.40 Los A C S D 5%s ’26-34 M&N 4% s School 19 28-3 0...A&O 4% s School 19 31-34...A&O 5%s N ov 1935-60____M&N b 4.50 4.40 5s 1926-1964__________F&A 6 4 20 4.40 4% s School 1942-48_ A&O _ 4.65 Los Ang Co 4% s ’26-’49..F & A Jefferson County 5s 1949__ 4.60 Oakland 5%s 1926-43..-F&A 4% s July 1 1931_______ J&J 4% s Mun Imp ’26-’43_F&A 4.60 4% s Hospital 1963____J&J Mobile 5s School 1943___J&D 4.60 4%s 1926-1929.......... .F&A b 4.20 5s Sewer N ov 1 1942..M&N 4% s 1930-1965_______ F&A b 4.25 4.60 5s Dock N ov 1 1947.-M&N 4.60 Oakland S D 4s 1926-44..J&J 5s Refunding 1949____M&S _ 4.60 Orange Co 5s 1926-45_ M&S 4% s Refunding 1937.-A&O 4.50 Pasadena 4s Jan 1926-42.J&J 4% s Water & Sewer ’39.J&J 4%s Wat Pl’ t ’26 -'3 6..A & 0 4.50 b Basis. /F la t price, n Nominal. * Tax free in Connecticut. UNITED STATES— See 2s Pan Can N ov 1938____Q-F _ 3s Panama Canal 1961_ Q-M 3s Conversions 1946-47_ Q-J _ U S Certifs o f indebtedness.. U S Treasury notes_________ Instrumentalities o f U S Govt Federal Land Bank— Farm Loan Bonds— 4% s 1937 opt 1922.M&N 4% s 1938 opt 1923.M&N 6s 1941 opt 1931. ..M & N 4% s 1942 opt 1932.M&N 4% s 1943 opt 1933— J&J 4% s 1965 opt 1 9 3 5 ...J&J 4% s 1955 opt 19 35--. J&J 4% s 1939 opt 1924. .M&N 4% s 1953 opt 1 9 3 3 ... J&J 4% s 1954 opt 1934...J& J Fed’l Intermediate Cred Bks 4% s Feb 1 1926____F&A 4% s Apr 15 1926_____ 4% s Feb 1 1927____F&A 4H s M ay 15 ’2 7 ...M & N 4% s Oct 15 1927.A&015 A sk. To 4.65 4.70 4.70 4.30 4.80 4.70 4.70 4.65 4.65 4.7 4.75 4.85 101 4.40 4.65 4.75 4.50 4.60 4.50 B onds. Bid. | A sk. Redlands 5s 1926-51...J&J15 Riverside 5s 1926-53____J&D Riverside Co 5s ’26-’54..M &N Sacramento 4s Jan ’26-’45 opt 4% s Sew & Dr 1927-34.J&J Sacram’to Co 4% s ’26-’46 J&D b 4.40 San Diego 5s W W ’26-'54 A&O 5s Water 1934-53_____ F&A 5s Water 1926-63______ J&J b 4.40 4% s Wh & Har ’26-’52.J&J 5s Mjnicipal 1926-1960.J&J 5s School 1931-1966_______ 4% s Water 1926-1929..J&J 4% s Water 1930-1964_____ 3% s g July 1 1926-44._J&J San Francisco (City & County) 5s Water 1930-1969____ J&J 4% s Water ’57, ’58, ’5 9 .J&J b 4.40 San Joaquin Co 5s ’26-’49. J&J b 4.40 San Mateo Co 5s 1926-42-J&J b 4.40 Santa Barbara 5s '26-41-Jan 10 b 4.45 4% s gold Aug 1943____F&A b 4.40 4.50 4.50 C A N COLORA^Offe494.80 Colo Spgs 4s ’29 opt ’ 14. .M&S 98% 4.75 4s Ref Water Mar 1 1941 95% 4.50 4% s 1930-1939________ J& j 6 4.25 Denver 5s Aug 15 ’28..F&A15 100 to 4.50 Denver (City and County)— to 4.40 5% s Gen Oblig 1964-73-J&J to 4 -40 % 4% s Water N ov 1948.M&N 100 to 4.45 % 4% s Water 1944______ J&J 5.40 S D No 1 4% s 1934-53.J&J 5.30 S D No 1 1930-1947.. .J&D 5.30 PuebloCo4 % s ref’31 op’21.J&J 99 5.20 Pueblo County S D No 20-— 4% s 1932_____________M&S 4.25 CONNECTICUT to 4.25 % *3%s April 1934________ A&O to 4.25 % *4s July 1936____________J&J 4.20 *5s July 1 1936__________ J&J to 4.20 % Bridgeport— *5s 1926-49.J&D b 4.20 to 4.50 % 4% s Bridge 1926-65___ J&J b 4.20 to 4.50 % 4% s High Sch 1926-63.J&J b 4.20 4.50 *4%s Sewer 1926-46...A&O b 4.15 4% s School 1927-49______ b 4.20 4-40 4.40 3% s Improvt 1926-41..J&J b 4.20 106 *5s Construc’n 1926-48 J&D b 4.20 4.40 Bristol 4% s Water 1939.-J&J b 4.15 4.40 *5s July 1 1926-55_____J&J b 4.15 4.40 Cheshire 4% s 1926-45...J&J 4.40 Danbury 4s Water 1946.-J&J 4.40 4% s 1926-28__________J&D b 4 % 4.40 4% s 1929-65__________J&D b 4.10 4.50 3% s Funding Oct 1941.A&0 4.45 East Hartford Fire District-— to 4.55 % *5%s 1927-1951______ M&N b 4 .30 to 4.40 % 4s Water June 1933_ J&D _ 4.40 Glastonbury 4 %s 1926-58. J&J 4.40 Greenwich 4% s 1931-33..J&J 4.40 4% s 1934-1942 ___________ to 4.35 % Groton School District— to 4.40 % 4% s 1927-1960 ___________ 4.35 Hartford 3% s Bdge ’ 55._J&J b 4-15 4.45 * 4s Water June ’30-’39J&D b 4.05 4.40 *4s Water 1940-45____J&D b 4.05 4.40 *s Water 1926-1938_______ b 4.05 To N et. 4.45 4.45 4.45 4.40 4.40 to 4.50 % 4.60 4.60 to 4.50 % 4.45 4.45 4.45 4.45 4.45 4.45 to to to to to 4.25 4 .50 % 4.60 % 4.50 4.65 4.60 % 99 96% to 4.35 % 101 4.50 100 4.20 4.20 4.20 4.40 3.95 3.95 3.95 to 4.35 % 4.35% to 4.35 % to 4.30 % to 4.35 % to 4.35 % to 4.35 % to 4.25 % to 4.25 % 4.25 4.25 to 4.10 % to 4.20 % 4-20 4.25 4.25 4.25 to to to to 4.30 4.20 4.20 4.20 4.25 % % % % Bonds. Hartford ( Concluded)— *4s Water 1929-1930*4s Water 1931-19354s High Sch ’26-’55 --. Hartford School Districts— *4 Ms Arsenal ’26-’47-M& Bid. 64. 64. 64. 64. 64. 05 05 10 15 10 A sk. to 4-20 to 4-20 to 4-25 to 4 30 to 4-25 To N et. % % % 4Ms 1943-1952____ *4 Ms Paving Aug 37. *5s 1926-1951______ New Haven (Town)— 6 4.15 6 4.15 6 4.15 6 4.15 6 4.15 6 4.15 6 4.15 96M 64-10 6 4-15 64.10 to 4.20 % to 4.20 % to 4.20 % to 4.20 % to 4.20 % to 4.20 % to 4.20 % ______ to 4-25 % to 4-30i % to 4- 25 % to to to to to to 4.15 4.05 4.10 4.10 4.10 4.15 4.30 4.20 4.25 4.25 4.25 4.30 B onds Bid. A sk. To N et. 96 M 97 100 100M 86 M 86 M /1 04 M 105 M 60 / 59 . / 58 59 / 55 M 56 M / 52 M 53 M / 50 M 51M . / 48 49 - / 47 M 48 M ' % 6 6 6 6 6 6 Meriden (T) 4s '26-’35_ 49 STATE AND MUNICIPAL BONDS D ec ., 1925.] 5s o f 1895--5s o f 1913--4 Ms o f 18834 Ms o f 18884s o f 19 00--. 4s o f 1910--4s o f 1898--- % % % Cbinese Government— % % % 4 25 6 4.20 to 4.25 % English stamped_______ 4.20 French stamped_______ 4.20 4.20 Colombia (Republic of)— 6M % gold notes ’27--A&C 4.20 4.20 Cordoba (Prov) Argentina— 4.20 4.20 4.20 4.20 iZ 55 M l 95 104 Vt . 118 108M > 102M ' 101M 109 95M 95 M 7 M 105 M 118M 103 _ 101M _ 110 ... 96 / 48 M Z 88 Z 75 49 M 90 --77 ic/84 87 90 w/84 100M 96 99 90 96 100M 97 __ 100 90 M ... 97 B onds. Bid. Ask. To N 't. Berlin 6 Ms 1950________ A&O 89 89 M — Berne (City) Switzerland— S f 8s 1945___________M&N 108 % 109 Bogota (City) extl 8s ’45 -A&O 97 M 97 M ___ Bordeaux (City) 6s ’3 4 --M&N 84 H 85 — Buenos Aires, Argentine Rep 88 Guar 5s of 1909-1946 £.J&J p/86 Exten 6 Ms 1955_______ J&J 99 M 100 Carlsbad (City) s f 8s '54-J&J 102 M 102 M ___ Christiania (Nor 8s 1945 A&O 110M 110M 3 0 -y rs f 6s 1954______ M&S 100M 101 30-year s f 6s 1955. - -M&N 99 99 M — Cologne (City) Germany— E x tsf 6M sM ar 15 ’50M&S15 86 M 87 88 Copenhagen 4s of 1901-M&N Z 84 5 Ms Munic Ext '4 4 --J&J 98 M 99 — Danish Cons Municipal Loan 8% s f ext ’46 ser A --F & A 109 M 110 _ _ Series B ___________ F&A 109 M 110 Dresden (Ger) extl 7s ’45 M&N 94 7.60 Duisburg (Germany)— Extl g 7s 1926-’28____M&N b 7% t o 7.25 % 7.50 Extl g 7s 1929-’30____M&N 7.65 Extl g 7s 1931-45____M&N Frankfort (Germany)—• 1 Extl 7s 1926-’45______A&O b 6.50 to 7.64 % 110 Havana— 1st 6s 1939___ Q-J 100 Q-J 90 —2d 6s____________ 100 Hungarian Cons Munic Loan s f g 7 Ms 1945________ J&J s 89 M s 90M ___ Lyons (City) 6s 1934-.M&N 84 M 85 —Marseilles (City) 6s '34.M &N 84 M 85 Medellin (Munic) (Columbia) External 8s 1948______ A&O 98 98 M 96 M ontev’o(City) s f 7s ’52-J&D 96 M Porto Alegre (City), Brazil— 98 Sinking fund 8s 196l_ J&D _ 99 M Prague (Greater) City— 93 7 Ms loan of 1926-52--M&N 93 M _ Rio de Janeiro 8s 1946--A&O 9SM 98 M _ _ Ext s f 8s 1947_______ A&O 96 M 97 M _ _ _ 7s 1960 (per 1000 milreis). . $90 $110 5s s f loan of 1909-34-£ J&D 90 88M —Rotterdam (C) ext 6s '64.M&N 103 M 104 San Juan (City of) Porto Rico 460 5s ref & imp 1926-36_ J&J _ Sao Paulo (C ity), Brazil— 85 6% external s f 1943--M&N 84M 102 External s f 8s 1952--M &N 101 Soissons (City), France— 85 Ext g 6s N ov 14 ’36-.M & N 84M okyo (City of) 5s of 1912— Red ann s f beg ’ 17-52.M&S 66M 67 M — rondhjem (City), Norway— — 97 100 S f ext 6Ms temp 1944--J&J urich (Switzerland)— S f g 8s Oct 15 ’4 5 --A&O 15 107 H 108 M — 102 4.20 102 M Czechoslovak Republic— 6 4.10 to 4.25 % Ext s f 8s '22 due ’51--A 100 M 101M 4M s Imp 1931-1935---M&S 6 4.10 to 4.25 % 100M 101M ___ 4Ms Park July 1942-. 6 4.15 to 4.30 % 96M 6 4.15 to 4.30 % 96 M _ _ 4.20 Norwalk (C) 3 Ms 1929 103 M 104 98 M 99M 4.20 4s R ef Sewer '27-’28_ J&J _ 102 M 102 M 4.20: Dominican Rep 5s 4s Sch Mch 1954-1964-_ 93 M 93 M _ 4.20 4 H s Sch Mch 1929-1953--103 M 103M 4.20 *4Ms Improv t ’26-’39--J& J Norwalk (T) 4Ms 1942-.J&D 94 103 M 103 M Norwich— G & E 1931..A & 0 b 4 20 to 4 -30 101 M 102M 4 Ms Water Mar '39_ M&S b 4.20 to 4.30 _ 101M 102 Finland (Republic of)— 4Ms Refunding 1938--A& 0 b 4.20 to 4.30 % Putnam (T) 4Ms '26 -46-A&O 4.20 88 M 88 M _ 4.20 90 M 90 H _ 4Ms Water 1926- 2 7 --P&A 4H a Water 1928 & '30-F&A 90 M 4.20 90M 96 96 M Stamford (C) 4s 1942-..M & N b 4% to 4.10 % France (Republic of) 4s 1917-16 17 Stamford (T) 4 Ms 26- 45 J&J b 4.10 to 4.20 % 5% National Loan not red *4 Ms School 1926-29-M&N b 4.10 to 4.20 % $20 before Jan 1931_ Q-F 16 v $19 _ *4Ms School 1930-39-M&N b 4.10 to 4.20 % 5s premium 1920_________ r$24M $25 M CANADA (New York Prices) *4Ms School 1940-65-M&N b 4.10 to 4.20 % _ 6% National loan of 1920-_ ®$23M $24 M _ Stonlngton 4 Ms 28& 33-A&O 4.25 7s ext o f 1924-1949-.-J&D 90 Dominion of Canada— 89M •Stratford 6s 1926-31--M & S b 4.20 to 4 -35 % 7 Ms External 1941_ J&D _ 5s refdg Oct 15 ’4 3 .A & 0 15 101M 102 98 M Torrington *5 Ms ’30-’35-J&J b 4.20 to 4-35 % 98M _ 8% ext g loan ’45--M & S 15 102 102M 5s refdg Oct 15 ’28-A & 0 15 100 M 100 % _ _ •5Ms Fund 1936-’41_ J&J b 4.20 to 4.35 % _ German extl 7s 1949--A&015 101M 101M - - 5s 1926_______________ A&O 100 •Wallingford (Town) 4 Ms 100 M _ _ 5s 1931_______________ A&O 102 102 M _ 1933, '38, '43, ’48. ’53_____ 4.25 German Cent Agri Bank _ 95 5s Mar 1937_________ M&S 104 Waterbury 3 Ms Sch’26-32 J&J b 4.25 to 4.15 95M 104 M _ _ _ _ Greek Govt s f 7s 1964.. -M&N 5s Oct 1931___________A&O 102 4s Park July '26-’58_ J&J b 4.25 to 4.15 % _ 85 M 86 102 M _ _ _ Haiti (Rep) 6% Ex’52 A.A & O 96 5s M ay 1952________ M&N 103 % 104 4s Water 1926-1939--J&J15 b 4.25 to 4.15 % 96 M - - _ Hungary (Kingdom of) — 4s Water 1940-1965--J&J15 b 4.25 to 4.15 % 5M % gold notes 1929-F&A 102 102 M _ _ 96 5 Ms Viet Loan Dec ’27 J&D 102 4Ms City Hall ’26-'63--J&J b 4.25 to 4.15 % 96 M - - 102 M _ _ Industrial Bank of Japan 5Ms Viet Ln Nov '33-M &N 105 *4Ms Water ’49-’93 ---J & J b 4.25 to 4.15 % 105 M _ _ ... 100 6% notes 1927_____ F&A15 5 Ms Viet Ln N ov ’34-M&N 103 M 103 % _ 4Ms 1934-1964______ 99 M b 4.25 to 4.15 % _ Industrial Mtge Bk of Finland 5 Ms Viet Ln Dec ’3 7 --J&D 108 M 108M _ 4 Ms Water 1930-44-_J&J15 b 4.25 to 4.15 % _ 96 % 96 1st M coll 7s July 1 1944_ _ 5 Ms renew N ov 1927-M&N 101 101 M _ 4MsBdge,St,&c,'30-39J&J15 b 4.25 to 4.15 % Italy (Kingdom of)—■ 5Ms renew N ov 1932-M&N 102 H 103 M 4M Bdge,St,&c,’40-64J&J15 b 4.25 to 4.1 % 5 Extl s f 7s 1951 w i _ J&D _ Alberta (Prov of) 6s ’30-M&N 94 M 94 M 4Ms 1946-1953_____J&J 15 b 4.25 to 4-15 % _ _ 4.95 5% Int 1926-1941_____J&J «$35 M $36 5s Apr 15 1950_____ A&015 4 Ms Water 1935-’64_ J&J b 4.25 to 4.1 % _ 5% Treasury notes 1925_ / 38M _ 39 M - - - British Columbia (Prov of) — »4Ms 1926-1934_____J&J15 b 4.25 to 4.15 % 4.40 Japanese Government— West Hartf’d 4Ms 1943-.J&D 101 6s April 25 1926__________ 4.40 West Haven Union S D— 63 4s £ ’54 opt T 0--J30 & D31 Z 61 6s July 15 1926___ J&J 15 4.95 4s £ Jan ’31 opt aft’21__ J&J c 83 M 83 M — 4Ms M ay 1 1927-’ 56-.M &N 5s Jan 15 1948_____J&J 15 4.25 92 M S f 6Ms 1954________ F&A 92 M DELAWARE. 4Ms Feb 2 1928_____F&A 2 98 M 99M 5.40 Oriental Devel Co, Ltd— 3s Dec 1 1927 opt 1902-.-J&D Calgary 5s 1933_________ J&J 4.10 5.40 4Ms '60 opt any date 105-J&J 104 M 105 M Ext 6s 1953_______ M&S 84 M 85 M 5s June 15 1935____J&D 15 5.50 Mortgage Bank of Denmark 4Ms 1961 opt ’22 at 105--J&J 104M 105 M 5s July 1 1945_________ J&J 5 15 Dover Spec S D 5s ’26-’46 A&O Extl s f 6s 1970______M&S slOO slOOM - - - Galt 4Ms Apr 18 1931-A&O 8 4.60 5 15 Kent Co 4 Ms 1945-1950-M&S 4 Ms El Pow June 5 ’31 J&D5 4.45 Newfound 6Ms '36--J& D 30 5.05 NewCastleCo 4 Ms ’26-’34J&D b 4.20 to 4 35 % 5 Ms 1939, 1942 & 1943____ 102 M 103M - - - Halifax N S 4s July 1945_____ _ 5,10 Netherl'ds 6s '72 ( f l a t ) .- M&S /107M 107M _ 5Ms 1926-1928________ J&J 6 4.25 to 4.35 % 5s Jan 1951____________J&J 4.90 : 6s 1972 series B ___________ /107M 107 M - - . Hamilton— 4s Apr 1 ’32.A & 0 4.50 6Ms 1936-1944............J & J _ Sussex County— Ext 6s 1954__________ A&O 103M 103 M _ 4.90 4s Elec L & P 1941_ A&O _ 5s ’31-’70 opt '32 at 105 J&T : 5.05 4.45 Norway ext 6s 1943--F&A 15 100M 101 M - - - Lachine P Q 5s 1954___ J&D Wilm’gton— 4Ms ’28-’37-A & 0 Extl s f 6s 1944 _______ F&A 100M 100M - - - : 4.30 4.95 Maisonneuve Q 5Ms '30.M&N 5 6s Ext Oct 15 1952-A&015 101 4.35 4MsBldg— Con’53-‘62 M&S 101M __ * 5 Ms M ay 1 1936_____ M&N 4.40 5s 1947-’49______. — .A&O 40-yr s f 5Ms 1965____J&D 95 M . . . Manitoba (Province of)— 95M 5 FLO RIDA. Panama Rep) ext5Ms’53-J&D 101 6s gold Feb 2 1930_ F&A2 _ 102 M . . . 4.92 _ si 00 Dade Co 5s Oct 1947-’54 A&O 4.70 Peru (Repub) 8s 1932_ J&D Extl 8s 1944_________ A&O 101M 101M 4.50 Duval Co 5M s’32 op ’12 M&N 100 _ 5s Armory 1944_______ J&J Extl s f 7 M s 1940--M&N s 97 M s 98M _ 4Ms M ay 1 4.70 ______ 4% Everglades Drainage Dist—■ Poland (Rep of) 6s 1940-A&O 68 69 _ _ Extl s f 8s 1950............. J&J 88 M 89 5.20 4s drainage July 1 ’296s 1933 to 1941________ J&J 106 109 i Queensland (State of) Australia lia— 4.90 5Ms 1931-1948________ J&J 6 5M to 5.90 _ Ext 7s Oct 1 1941___ A&O 110 5s Refund 1935, ’36, '37, 102 111M _ 100 ... ’38, '53, ’54, ’55_____J&J Ext g 6s Feb 15 1947 F&A15 106 107 4.80 4 86 4 Ms M ay 1954Hamilton Co 5s Feb 7’48 F&A Rio Grande Do Sul (State) 4.85 98 Brazil ext s f 8s Oct 1946_ _ Hernando Co 5s 1944___ J&J 4.50 98 97 M 98M 14 Jacksonville 5s Jan 1 ’36-J&J 4.45 Russian 6Ms June 18 '19.J&J 4.90 13M 4.45 5M % Ext Ln Dec ’21-.J& D s 11M s 13 M 4 Ms Feb 1937________ F&A 4.85 Jacksonv S D No 1 5s Apr ’45 4.75 Salvador (Republic of)— 4.85 Key West 5s 1942_______ J&J 1st 1 s f 8s 1948 ser A --J& J 106 107 ... i 4.80 4.90 4.80 San Paulo (Brazil) State of— Miami 5s 1926-1944_____J&J 4.90 8% external loan 1936-J&J 103 M 104 4.80 4Ms Munic Im p’26-’55M&S 4.90 E xt’l 8s 1950___________J&J 101 M 102 4 6s School 1940_______ J&D 5 7s '46 (per 1,000 milreis)_ $125 1140 _ Orange County 5s 1944.-J&J 100 4 i Pensacola 4 Ms ref 1941 - - A& O 4.80 Santa Fe (Prov), Argentina— 5.75 . Extl s f 7s 1942______ M&S 4 94 5 6% School 1926-1951--J&J 94 M - - . i Seine, Dep of (France)— Polk Co 5s Road ’26-'40--J&J 5 4.25 Ext g 7s 1942_________ J&J 88 St Augustine 5s 1955_____J&J 460 4.90 88M 4.80 Serbs Croats & Slov (King of) 4.95 6s N ov 15 1930St Petersburg 5Ms 1949—J&J Ext 8s 1962__________ M&N 91M 4.80 5Ms June 1954----------- J&D 4.60 91M - - - c 4.60 Swedish 6s 1939______ J&D15 104 M 105 111 Tampa 5s June '55 op ’25 J&J _ 5Ms external 1954_ M&N 101M 101M _ _ 4.60 5s M un Imp '62 op ’32 J&D 4.25 4.60 Switzerland— 5Ms 1929--F&A 101 M 102 4.75 5s W W Purch ’26-’72_F&A _ 5Ms External 1946_ A&O 103M 103M _ _ 4s 1941........ FOREIGN GOVTS. M&N 4.75 _ _ S F gold 8s 1940______J&J 116M 117 Argentine Repub— 7s ’27 F&A 102 M 102 M 4s March 1 1926_____M&S 4.10 _ U S o f Mexico 6s A 1933____ / 42 Internal 5s o f ’09-’45--M & S 3 Ms 1936_____________J&J 4.75 43 M _ 86 M 87 - - - Ottawa City 5s ’26-’45_ J&J b 4.25 to 4.90 % c 5s g Ext L ’n 1945 £-.Q -Jan / 44 4s £ loan o f 1897______ A&O 1/570 _ $72 _ _ Assenting_______________ / 41M 96 Vs Ext 6s o f '23 1957 A ..M & S 6s Munic Imp ’26-’50--J&J b 4.25 to 5% 96 4i"M --5s Internal 1894__________ 1st g 6s 1958 Ser B ___ J&D 10 4Ms ’34, ’35, ’44______ J&J 4M 96M 96M 4s gold 1954__________ J&D / - 9Sink fund gold 6s 1959-J&D 95 M 96 3 Ms Sew Sep 26 '28--M & S b 4".25 to 4.65 % Assent 4s June 24 coup on / 23 M 24 Extl s f 6s Oct 1959_ A&O _ Quebec (Prov) 5s 1926_ J&D _ 96 4M — < ; 95M 4s Ext 1910 July 24 coup on / 29M Australia (Commonwealth) 29 Vs 4Ms s f 1950________ M&S2 4.75 Treasury notes 6s ext 1933— 4.90 97 M Ext 5s July 15 1955-J&J15 97 Quebec City 3 Ms g ’3 0 --J&J Austria (Prov o f Upper Aus)— July 1924 coup on.-J& J / 42 M 45 4.90 3 Ms July 1 1933_______ J&J r 3s Internal silver__________ f 6M 5.50 Extl s f 7s 1945______ J&D s 92M 6M — Regina 5s 1929__________ J&J _ s St Boniface, Man, 5s ’31.J&J2 _ 5s Internal silver__________ Austrian Govt s f 7d ’43-J&D 100 i00M 5.65 Uruguay 8s ext 1946_ F&A 108M 110 _ - - - Saskatchewan (Province)— s BeU Govt 7Ms yly to ’45 J&D 109 M 109 M FOREIGN CITIES, &c. 8% Extl s f bds 1941..F& A 107 5s 1943 (non-call)..J&D15 107 M Bergen, Norway, 8s ’45-M&N 113M 113M Ext 16 M s 1949_______ M&S 4 Ms July 2 1945______ J&J2 92 M 92M External s f 6s 1955___ J&J 25-yr s f 6s temp 1949.A&0 South Vancouver, B C— 99 85 M 86 99 M - - - s Extl s f 7s 1955...........J&D 5s 1927-1946_______ J&D30 b 5.35 to 5.65 95 M 96 6 Basis, c Basis $5 to the £ . /F la t price. 1In London, r Canadian price, n Nominal. p Per £20. m Dollars per rubles, flat, s Sale price. < Per 1,000 guilders. u Dollars per 1,000 lire flat. » Dollars per 1,000 francs, w Dollars per 500 francs, y Per £200. * Tax-free in Conn. zPer£300bond 50 [V ol. 121 STATE AND MUNICIPAL BONDS B onds. Bid. Toronto 5s 1926-1936___ J&J b 4,25 6s 19 26-1 929 ................ J&J b 4.25 6s 1930-1940---------------- J&J 6s 1940-1950...................J&J 4H s Jan 1 1949-------------J&J 4H s Jan 1 19 5 5 --......... J&J 4s £ July 1 1948_______ J&J 3H s July 1 1944-45------ J&J Vancouver. B (J, 5H s '39 A&O 5H s 1 9 5 2 .............. F&A 4s St Imp Sept 9 '27.M & S9 4s St Imp Sept 9 '32.M & S9 Winnipeg, Man, 5s '4 4 -.A & 0 6s Dec 1930___________J&D 414s non-call 1944------M&N 414s June 15 1950___J&D15 4s Aug 1 1946-......... F&A15 G E O R G IA 4 H s ref 1935-1945----------- J&J 4s July 1 1926------------------ J&J 3H s Jan 1926-1935------- -J&J Albany— 5s 1945----------- J&D Athens— 4 Hs June 30 1943.. Atlanta— 4Hs Jan 1 1940. J&J 4H s Sewer 1926 1940.-J&J b 4% 3K s July 1 '31 & '3 3 .-J&J Augusta— 4 Hs Flood '42M&N 4s refunding 1934------- J&J 3H s April 1930--------- A&O Bibb Co 414s 1948-49..M&N Clarke Co 5s 1926-41------J&J Columbus— 5s 1926-44_ J&J b 4.20 _ 414s Refunding 1939.-J&J b 4.15 Dougherty Co— 5s School 1926-1948.-M&S Macon— 4 Hs Oct 1926-.-Q -J 414s W W 1926-1936.-J&J b 4% 4s Pav & Sew '26 to '39. J&J b 4% Pulaski Co 5s 1932-48------J&J Rome 414s 1926-------------J&J b 4.20 4s Munic bldg 1926-39-A&O b 4.25 Savannah— 414s ref 1943-J&J 414s Drainage 1944— F&A 414s Refunding 1959--F&A Spalding Co— 5s 1926-30-J&D b 4 % Swainsboro 6s 1926-50--A&O Valdosta 5s 1926-42--------- Jan b 4 % Ware Co 5s Sch 1926-31. -J&J 5s Road 1932-1949------J&J Watkins S D 6s 1931-50.M&N _ Woodbury 6s 1927-49_ J&D IDAHO 514s Impt 1941________ A&O 5s Highway 1941-------------J&J 4 H s Cap Bldg 1930-39— J&J 414s May 1 1932 opt 1921. J&J ... — . ’ 3 5 o p t '2 5 . J&J 7 op '27------J&J -1928.........A&O 4 X s Ref 1929-1945------- A&O 4s Jan 1 1934 op 1924------J&J Blaine Co 5s Feb '26-’31-J&J Boise City S D 6s Julv 1 J&J 1940................. Ask. To N et. Bonds. South Bend School District— to 4.90 % o4s Apr 17 1926-1927..F & A o b . to 4.90 % 5.05 Terre Haute— 4s 1927 A&O jo. . 5.05 o4s Sewer 1930_______ F&A o . . 4 % oTerre H Sch C 4s ’26-’31 M&S .ob. 4Vt oVigoCo4H D e c l6 ’26-’27 J&D o_. 5 4Vs INDIAN T E R R IT O R Y (See Ask. To Net. 4.05 4.05 4.05 4.05 4.05 B onds. Fifth District Levee—• 5s 1950 opt 1940______ J&J 5s 1952 opt 1942______ J&J 5s Oct 15 1962 op '5 2 --A & 0 5s Oct 15 1963______ A&015 5s 1957-1967-........... A&015 5s 1959-1969_______ F&A15 Lafourche Basin Levee— 5s Jan 1954 opt 1944_ J&J _ Lake Borgne Dist Levee— 5s Dec 1952 opt 1942--J&D New Orleans 5s Oct'27 '32A&O 5s Pub Belt R R ’39-’49-J&J 5s Pub Belt 1950-59_ J&D _ 414s Paving 1927-1936-J&J 414s 1956-1966________ J&J 4s Floating debt 1948-A&O 4s Constitutional 1942-J&J 4s Public Impt 1950 opt 1942 (old issue)_____J&J 4s Pub Impt '42 opt '28.J&J Orleans District— 5s July 1930-1939_____J&J 5s July 1940-1949_____J&J 5s July 1950-1959_____J&J Plaquemine Parish E Bank— 5s Oct 1952 opt 1942--A&O Pontchartrain District— D 6s 1944___________M&N 5s July 1968___________J&J Red River A & B B District— 5s 1950 Series B ______ A&O 5s Mar 1953 opt 1943-M&S 5s 1965 Series D ______ F&A Shreveport 5s 1929-1931 F&A 5s 1932-1936__________ F&A 5s 1937-1961__________F&A 414s W W & Sew'26-'54-J&J Tensas Basin Levee District— 5s Jan 1957____________J&J A sk. 99 99 99 99 99 99 oma) 102 H IOWA 4Ms 1927-1929_________ J&D 4 10 101 O i s 1932-1933_________ J&D 4.10 4 10 i!4 s 1934-1940-..............-J&D Boone 414s 1926-31___ M&N 4.25 4.25 Burlington 414s '26-’33-M&N Council Bluffs— 414s Wat Wks '26-’30-M&N 4.25 89 Crawford Co 5s '26-'29.M & N 4.20 Cushing 5s School 1939.M&N 95 4.35 4 Davenport 4s 1926-29--M &N 4.20 Des Moines— 4 92 H 4 9214 5s Municip 1926-1957--J&J b 4.25 to 4.30 % 4.30 414s 1926-1931............. M&N 4.25 101 4.25 414s W W 1932-42____J&D 4.20 102H 4.10 4s City Hall 1926______ J&J 4.25 103 to 4.10 % 6s Gen Oblig 1931-40.-J&J 4.50 4.05 Des M Ind S D 414s '32--J& J 4.20 4H 414s Sept 1 1945_____M&S 4.25 4.10 4 H s 1944-------------------------4.25 110 4.10 4s Sept 1 1945________ M&S 4.25 4.15 Dubuque Co 414s '26-’31-J&J 4.25 4.30 Fort Dodge 5s Fund '3 9 .-A&O 4.30 to 4.40 % Ft Madison 5s 1926______J&J 4.25 to 4.30 % Fremont Co 5s 1926-35--J&J b 4.25 to 4.30 % Jackson Co 5s 1926-30--A&O b 4.25 to 4.30 % 4.35 Marshalltown Ind S D — 4 5s City Hall 1926-39--M&N 4.25 to 4.15 % Marshalltown— to 4.10 % b 4.25 4 14s Water 1926______ A&O 4.10 4.50 414s Water 1929-42_ A&O b 4.25 to 4.30 % _ to 4.30 % 99 414s Water 1943&’4 4 -- A&O b 4.25. to 4 -30 % to 4.40 % Ottumwa 414s June 1936 4.25 MAINE 4.15 Polk Co 414s 26- 32 -.A & 015 4-25 4% 514s Bonus Fund ’26-’30-J&D 4.15 5s Funding 1926-35____J&J b 4.25 to 4.30 % 3.95 5s Hway & Bdge ’26-’54-A & 0 4.15 Sioux City— to 4.30 % 3.95 6s ParkAugl5 35-’45F&Al5 4.50 4s Sept 1 1926-1953____M&S 3.95 4.80 _ 6s Ref Aug 15 1940--F&A15 4.50 4s Highway 1926-1936_ M&S to 4.30 % 4s April 1928-31 tax-ex-.A&O 3.95 5s Fire Fund 1926-33--J&J b 4.20 to 4.30 % 4 30 4s State Pier 1933-1942.-M&S 3.95 5s Police Fund ’26-’33-M &N b 4.20 to 4.30 % 4.35 Sioux City S D 5s 1941_ J&J _ 4.30 Auburn—■ 4s 1935 & 1940 tax-ex_-J&J 4.90 Waterloo— 99 4.90 414s W W Jan 15 '3 0 -..J & J 4.25 Augusta 4s 1926-45_____ Bangor— Woodbury Co 5s ’ 26-’32--J&J b 4.25 to 4.30 % 4s Ref Wat '35 (taxable). JScJ 4.25 KANSAS. 4s Fund 1926-30 tax-ex. J&J 99 4.25 414s 1926-1933__________ J&J b 4% to 4.10 % 98 Bath 4s Ref 1941 tax-ex. J&D 4.25 414s Soldiers Compen '34-'52 b 4.10 to 4.15 % 98 14 Biddeford 4s 1926-35---M&N 4.50 Atchison Co— 4.50 4s Refund '29 op T 4 _ J&J _ 4.20 Brewer High Sch Dist— 414s 1926-1945______M&N 4.25 Emporia— 4.25 414s Dec '29 op '19_ F&A _ 4.20 Gardiner Water District— 4s 1934 (taxable) _______ J&J 97 4.25 Emporia SD 4H s 32op’22 J&J 4.50 4.50 Ft Scott 414s '35 op ’ 10--M&S 4.50 Kennebec Water District— 98 14 4s Refunding M ay 1 1953-4 % Galena— Kittery Water District— 5s W W 1926-1943____J&D b 4% to 4.30 % 5s Jan 1926 to 1938___ J&J 4.75 Hutchinson— 5s 1931____A&O 4.25 99 414s Pub Bldg '61 op '31J&J 4.25 Lewiston 4s g Oct 1927--A & 0 Portland— ILLIN OIS Kansas City— 99 4s Aug 1 1929 tax-ex..F& A 414s Serv Comp 1926-43.F&A b 4% to 4 20 5s Feb 1 1942_________ F&A 4.25 99 4s O H '26-'45 tax-ex. A&O 4.20 414s Aug 1 1930-38--------F&A 4 ^ s Wat & Light 1944-J&J 4.20 4s High Sch 1936 tax-exem. 99 4s M ay 1 1926-1935------ M&N b 4 % to 4.20 % 4H s Sch Bldg 1929____J&J 4.20 Portland Bridge Dist (taxable) 4s Highway 1929-1940--May b 4.15 to 4.20 % 414s Wat Plant Pur '39 J&J 4.20 3H s July 1926 to 1939.M&S b 4 % 4s Highway 1926-1928.-May b 4% to 4.10 % 414s Refg Feb 1 '2 9 -..F & A 4.20 4.20 4s Highway 1941-1943.-May 414s Imp July 18 '4 9 --J&J 4.20 Portland Water District— 4s Funding 1928______J&D 4.20 4s Highway 1945-1954.-M&S Board or Education— 99 H 97 Champaign County— 414s 1926-1953.........F&A 4.20 Saco 4s April 1939______ A&O 5s Road 1926-1943.-M&N b 4% to 4.05 % 4.25 South Portland Sewer Dist—• 414s 1926-1953______ J&J 4s 1931-1950________ M&N Chicago 4s 1926 to 1927--J&J b 4% to 4.05 % Sch Dist 414s 1929-54--J&J 4.25 Washington Co 4s 1928--J&J 97 Sedgwick County— 4s 1928 to 1935----------- J&J b 4.10 to 4.20 % Waterville— 4s g July 1 1927-4.20 97 4s Jan 1930 & 1931____J&J 5s Fund 1926 op 1915--J&J 5 4.20 314s Sept 1935_______ M&S 4s Jan 1937-1939..........J&J 4H s Brge Oct ’27op’ 17-J&J 4.50 M ARYLAND 4s Jan 1926-1941......... J&J b 4 % to 4:20 % Topeka— 4H s Aug 15 1926-33.-F&A15 b 4.10 N o W Pk 414s 1926-27.J&J b 4 % to 4.05 % 5s Top Wat Sept '26_ J&J _ 4 4H s Rd & Bdge ’28-’40 J&D15 b 4.10 No W Pk 414s 1926-28.J&J b 4 % to 4.10 % 414s 1926-1933............. F&A b 4.10 to 4.20 % W Chic Pk 4s 1926-27-J&J b 4 % to 4.05 % 414s Elec Light 1929_ J&J _ 4.15 4s 1926 to 1928................. ........ b 4.10 4s 1928 opt 1923________ J&J b 4.10 W Chic Pk 5s 1926-27.-J&J b 4% to 4.05 % Wichita 5s 1929 op 1919--J&J 5 4s Jan 1 1929____________ J&J ib 4.10 Chicago Sanitary District— Wyandotte County—1 4 414s Bridge '32 to ’41- .F&A 4.20 314s 1926-1928__________ F&A b 4.10 414s July 1 1926-26— J&J 4s Roads 1926-1930_____F&A b 4.10 4% to 4.20 % 4s Sept 1926-1931____M&S KEN TU CK Y. 414s Roads J ’nel5 ’26to’28J&D b 4.10 4 % to 4.20 % 4s 1926-1945_________ J&J Ashland— Cook County—■ 5s Sew impt '32 & '3 7 --M&S 4.50 Annapolis 414s W W '42. A&O b 4.20 4 % to 4.20 % 4H s 1926-1940--------- A&O 4.50 Baltimore— 5s 1926-1946 M&S b 4.25 414s S I ’42, ’47, *52-—M&S 5s 1926-1961_________ A&O b 4.25 4 % to 4.20 % 414s For Pres ’26-’43.J& Jl5 Bell County— 5s Gen. Imp. 1943-45--M&S 6 4 20 4s Ser K 1926-1931...J& D 4 % to 4.20 % 6s Ct H Dec 15 '38—J&D15 5s Water 1961___ A&O b 4-20 4 % to 4.20 % 4s Ser M 1926-1933.-.J&D Covington— 414s Mar 1 1926-55-—M&S b 4.20 4 % to 4.20 % 4s Forest Pres ’26-’34.A & 0 4.60 6s W W Jan 15 '26-'36 J&J15 414s Mar 1 1955_____M&S b 4.20 4.60 6s W W Janl5 '26-'31 J&J15 East St Louis— 4.10 414s ref Sept 1 '28------Sept 4.60 • 4s Water 1926_______ M&N 97 H 6s W W Jan 15 '32-'61 J&J15 4s Aug 1 1951--..........-F&A 97 H 4.60 Elgin Sanitary Dist— 414s Funding 1926-48-F&A 4s Annex 1954________ J&D 5s 1926-1944-------------M&N b 4.25 to 4.35 % 97 H 4.60 414s W W 1926-1951--J&J 4s Parks 1955-............-M&N 97 H 4.60 MoUne 414s 1926-1932. . . J&J b 4 % to 4.05 % 4s Water 1927________ J&J 4s Mar 1 1961-............. M&S 97 H Springfield Sanitary District— 4.50 4s Fundg 1952 op ’4 2 --F&A 4s Aug 1 1961-------------F&A 97 H 4.60 Frankfort 4 14s '27 opt T7-J&J 414s 1926-1944_______ J&D b 4.10 to 4.15 % 4s School 1933-1939 - - - M&N b 4.20 INDIANA (see footnote o) Harlan County— 97 314s July 1 1930_______ J&J 4.50 5s Rd & Bldg 1926___ M&S Cass County— 3H s Impt 1940_______ J&J 97 4.50 o4s Bridge 1926-33.M&N15 ob 4 % to 4.15 5s Rd & Bridge ’49-’52 M&N 97 314s Mar 1945_______ M&S 4.30 Lexington 4s 1945______ F&A East Chicago— 97 314s Refunding 1952_ J&J o 6 s W # 1926-29.—M&N b 4-70 4.60% _ Lexington S D 5s 1938_ J&D _ 4H 3 l4 s Sewage Impt '80-A&O Louisville— 87 H Elkhart— 92 3 H s Jan 1 1927_______ J&J 414s W W 1930-’75— A&O b 4.20 to 4.30 % 5s School 1962________ A&O 111 Cumber’d 414s W W '41-A & 0 4.10 oEvansville-—4s R ef 1932. J&J 414s Hospital 1951___ M&S 10714 Hagerstown— 4.10 414s School Impt 1954-A&O 10414 o4s Ref 1942__________ J&J 5s Water 1938-1987---A& 0 98 4s M uniclmp D ecl '28 Q-M oFloyd Co 4s 1926-30---J&J 064-05 to 4 10 % 98 4.10 414s 1936-1986_______ A&O oFort Wayne Sch D 5s 1933-4s Park 1930_________ J&J Washington Sub San Dist— 98 oFranklin Co 4s ’26-’30-.J& D 064.05 to 4*16 % 4s Refdg July 1 1 9 3 7 -..J&J 414s Sewer g 1973_____J&J b 4.20 4s Sewer 1947________ F&A 101 4 Ye oGary Sch City 4 14s Oct 1943b 4.30 5s 1969_______________ 99 98 oHendricks County— 4s Louisv W Co 1946--J&J o64 05 to 4-10 % MASSACHUSETTS 98 4s Louisv W Co 1950--F&A 99 4s C H Jan 15 ’26-’32.J&J15 99 H 4s 1925-52 (tax-exempt) ..V a r Indianapolis— 4s Sewer 1965________ F&A 10114 93 14 92 4 3H s gold July 1 1935------J&J o5 14s Track Elev ’31-’47 J&J 3H s gold refg 1940--M&N 3H s 1956 ref (tax-exem)_J&J 91 Vs 92 4 4s Park Imp Jan 1 '27--J& J 3 Hs Refunding 1943--J&J 95 314s 1937 reg (tax-exem)_J&J 4 o4s Fire Dept J’ne 1 '41 J&J 80 3s Sewer & Park 1941--J&J 77 H 3H s Water 1942________ J&J 91 4 McCracken County—■ o 4 % s Sch J’ne 15 '40J&D15 90 Vs 3H s gold July 1944_____M&S 5 4 5s Ref 1933 opt 1913--M&S o414s 1926-1955----------- J&J 3s April 1 1929_________ A&O 5 4 9514 o314s Hospital 1936— J&J 5s R ef 1933 opt 1923--M&S 4.40 3s gold M ay 1929______ M&N 4 9514 o3Hs City Hall 1939..J&J Owensboro— 4s '31 op ' l l J&J 89 _ 4.40 3s Met Sewerage 1936_ M&S 4 4s Street 1930 op 1915--J&J olndianap S D 4s 1926-26-J&J 3s gold July 1 1939______ J&J 4 86 14 LOUISIANA. o4s Bldg Sept 1 1946_ J&J _ 3s gold Water Jan 1 1941-J&J 86 4 5s Port Comm’n ’26-’54.A & 0 b 4.35 to 4.60 % o314s July 1 1941______ J&J Arlington 4s’26-’42(tax ex)J&J 99 4 5s Port Comm’n ’26-’59--J&J b 4.35 to 4.60 % o5s Oct 20 1926-39-A&O20 Attleborough— oKokomo 4s 1926-1931..M&S 064.05 to 4.10 % 5s Port Comm’n ’26-’55--J& D b 4.35 to 4.60 % 3H s March 1935_____M&S 4.05 4H s R ef 1926-1964____ F&A b 4.10 to 4.25 % 92 14. oLa Porte Co 5s ’2 6 -28--J& D Beverley 4s’ 26-’36 (tax ex) A&O b 3 -90 4.05 4H s Port Comm’n ’26-’57M&Sb 4.35 to 4.60 % oLoganspt 3H s '26 op '1 6 .J&J o _____ 4s 1926-1945 (tax ex)_M&N b 3-90 4.75 % Alexandria 5s 1926-52_ F&A b 4.40 _ o414s Sch H ’26-’37_ J&D15 064.10 to 4.15 % Boston— Marion Co—4s R ef '27--J& D 4.05 Atchafalaya Levee Dist— 4 H s Tun 1960 tax-ex.A&O 103^ 4.05 oRichmond— 4s 1927____M&S 5s Sept 1932-1972--M&S15 4s July 1936__________ J&J 96 oSt Joseph County— 5s Dist ref & imp '49--M & S 102 4s Apr ’26-’37 (tax-ex).A&O 98 14 4.05 Bossier District Levee— o3Ms 1926____________F&A. 4s 1926-1939 (tax-ex)..J& J 98 14 oSouth Bend— 5s 1954_______________ A&O 4s Tunnel & Sub 1948-J&D 94 H o 4 U s W W N ov '43-.M & N 4.15 Caddo District Levee— 4s Sub 1957 tax-ex____A&O 4.15 o414s W W Dec '43___J&D 5s 1951 opt 1941______J&J 102 4s Sub 1958 tax-ex____J&J o514s 1931____________M&S 4.20 Caddo Parisn S D No 1— 4s Tub & Sub’59 tax-ex.J&J 4.60 o514s 1941____________M&S 4.20 5s School 1929-1943_ J&J _ b Basis. / Flat price, n Nominal, c Tax- ■exempt; under a law approved March 9 1903 and which went into effect April 23 1903. bonds that date by State or municipal corporations are tax-exempt, and these sell on a better basis, s Sale price. 5 5 4.80 4.90 4.95 5 4.90 4.95 4.90 To N et. 10014 4 60 4.35 96 94 14 94 H 4.50 4.50 4.50 to 4.50 % to to to to to to 4.20 4% 4% 4% 4% 4% 100 4.25 4.30 4.10 99 X 4.30 100 100 100 to 4.15 % 100 4.05 4.50 to 4.20 to 4.20 to 4.20 to 4.20 to 4.20 to 4.20 to 4.20 to 4.20 to 4.40 to 4.30 to 4.30 to 4.30 to 4.30 to 4.25 to 4.25 98 98 98 98 98 98 to 4 .30 % 97 H 9714 9714 9714 88 14 4.15 4.15 4.15 to 4.30 to 4.40 to 3-95 to 4% Issued after D ec., 1925.] B onds 51 STATE AND MUNICIPAL BONDS A sk. To Net. Bonds. Bid. Ask. To Net- Bonds. Bid. A sk. To Net. MICHIGAN (.Concluded)— St Louis ( Concluded )— Boston (Concluded )— 4.25 4s Public Bldg 19 29---A&O b 4% to 4.25 Saginaw 4Ms sew '26-’33_J&J 3Ms June 1 1932____ J&D 94 M 4 Ms Sewer 1926-1949.F&A 4s W W Renew '31___M&N b 4% to 4.25 92 ‘ 4 25 3Ms June 1 1934____ J&D Sauit Ste Marie 4s 1932--J&J 4s School 1937________ J&J b 4.10 to 4.30 3 Ms July 1 1935..........J&J 92 M 4.35 Wayne County— 3 Ms June 1 1943____ J&D 4s School 1938________ J&J b 4.10 to 4.30 88 M 4 Ms bldg&bdge ’26-’39M&N 3-65s Ren June ’26-'27-J&D b 4.00 to 4.25 3 Ms June 1 1944____ J&D 4.25 88M Wyandotte 4Ms 1934_ J&D 3H s July 1 1945_____ J&J 88 _ 4.30 Springfield 5s '32 op ’ 17-J&D Brockton 4s M ay 1927—M&N 98 M MINNESOTA MONTANA 3Ms Water 1932_____M&N 94 M Cambridge— 3 Ms May 1 '45 (reg)-M&N 88 _ 4.10 5Ms Educational 1941_ J&J b 4.45 4 .30% 4Ms July 15 1943______J&J15 3s Bridge 1941_______ F&A 4 Ms Educational 1944_ J&J b 4.40 4.25% _ 84 100 4 Ms Dec 1 1939________ J&D 4.80 Chelsea— 4s Park 1936—A&O 96 Beltrami County— Billings 5s 1934 op 1929--J&J 5Ms Ditch 1926-34---J&D 5.50 Butte 5s 1926-1936______J&J b 4.90 to 5% Essex Co 4s ’26-’31 tax ex M&N 3-90 4.80 6s 1941_______________ J&J 5.25 Everett— 4s Sewer 1929--M&S 98 6s Road 1930__________ Fall River— 4.75 Daniels Co 6s 1933-1942... Brainerd 5s N ov 1925-1929 b 5% to 5.25 % 4 Ms ’26-’29 (tex-ex)..A & 0 4.10 Great Falls— Duluth— 5s g Wat & Lt ’26J&J 4.85 4.10 4 Ms '26-’34 (tax-ex). .M&N 5 Ms Sewer ’35 to ’3 9 .-J&J 4Ms g July 1 1926___ J&J 5 4.10 Helena 5s 1931 opt 1916-J&J _ 4s 1926-'55 (tax-ex)_ M&N 4s g Water & Light '2 8 -A&O 5 4s 1927 (tax e x )______J&D 4.10 Kalispell 5s 1933________ J&J 4s Water & Light 1936-A&0 5 3 Ms Water 1930 tax ex F&A Lincoln Co 5s '32 op '2 7 ..J&J Duluth Ind School Dist— 5.10 Fitchburg 3Ms 2ater ’26—J&J 98 M 4.20 5Ms 1936, 1938, 1940-A&O 5s Fund Mar ’31 op '21-J&J 4.15 Phillips Co— •Gardner 4s wat ’26-’34--M &N 97 4 Ms Feb 1 ’40 op ’3 0 --F&A 4.15 Gloucester— 5s R ef Dec '35 op '3 3 ..J&J 4s 1934 opt 1924.......... A&O 3Ms Water ’26 to ’3 1 --A & 0 Hennepin County— 97 M 4.20 to 4.40 % Haverhill— 4s 1927______J&D 6s Bridge 1926-40____M&N NEBRASKA 98 M 4 .20ito 4 .40 % 5Ms Bridge 1926-40--M&N Holyoke— 4s gold 1927_ J&J _ 98 M 4 1 5 'to 4 35 % 4.25 4M s ’26-’50 (tax-ex).-F& A 112 Douglas Co— 4s ’26-’28-A & 0 4 Ms Sanitorium ’28-’42.J&J 4.15 to 4.35 % 4.35 4 Ms ’ 26-’41 (tax-ex)_ J&J 111 _ 5s Highway 1942_____ A&O 4 Ms Hospital '27-’41-M&N 4.35 3Ms Dec 1926-1932— J&D 96 M 5s Highway 1943_____ A&O Koochiching Co 5s ’26-’33 J&J 6% to 6M % 4.35 6% to 6M % Kearney 4Ms 1926-1945-M&S Lynn— 4s July 1927_____J&J 98 M 5Ms Ditch 1926-1935--J&J 4.10 3 Ms April 1 1932_____A&O Minneapolis— Lincoln— 4Ms ’26 to ’29.F&A 94 M 4 30 M alden 4s ’26-’44 (tax-ex) F&A b 3-95 to 4% 5s Hospital July ’35-’44 5s 1926-1928................J & D 4.15 to 4.30 Lincoln S D— Marlboro 4s July 1926_ J&J _ 99 5s 1929-1932_________ J&D 4.20 to 4.35 % M edford 4s Feb 1930____F&A 4Ms 1929-1953______ M&N 6 4.20 to 4.30 % 5s 1935, ’36, '40. ’43, ’45, 97 M 4.40 5s Apr 1 1926-28 tax-exempt 101 Omaha 5 Ms 1941______ M&N ’46, ’47. '48, '49, '50. J&D 4.20 to 4.35 % 4.30 96 = 5s 1930, ’35, ’40, ’45, ’50 Milton 3 Ms 1926 to 1932.F&A 5sStIm pM ay2'36-’4lM&N2 4.20 to 4.35 % 4.20 to 4.35 % 4.30 New Bedford 4s '26 tax ex A&O 99 4 Ms Refunding 1933.-J&J 4Ms 1926-1935___________ 4.20 4s Sewer 1926-41 (tax4Ms W W Dec 15 ’4 1 ..J&J 4Ms Mar 1926-1937--M&S 4.20 to 4.35 % 4.20 to 4.35 % 4.25 exempt)____________M&N 4Ms School 1941__________ Omaha S D 4Ms 1928..-J&J 4.30 4s 1926-’35 (tax-ex)..M&S 4 Ms July 1931________ J&J 4s School Jan 1927_____J&J 4.00 to 4.25 % Newbury port— 4Ms M ay 1 1955......... M&N 98 M 100 4s M ay 1 1927............M & N 4.10 to 4.25 % 4-35 3Ms Water '26 to ’3 4 --J&D 96 5s 1948______ ..J & D 4s School Jan 1 1935_ J&J 4.15 to 4 30 % _ 4.40 Newton 4s 1935________ F&A 96 M 5Ms M ay 2 1951_____ M&N 4s Improvement 1942-J&D 4.15 to 4.30 % So Omaha S D— 3 Ms Water Dec 1926.-J&D ..A & O 4.15 to 4.30 % 4s 1944.......... 4 25 5s Dec 1929__________ J&D N orthampton— 3 Ms School Jan 1 ’2 9 --J&J, 4.15 to 4.30 % 3Ms g 1926 (tax-ex)_ J&J _ 3Ms Water Wks 1932—J&Ji& 4.15 to 4.30 % 99 M North Andover— Ramsey County— NEVADA 4.60 5s 1926-’34 (tax-ex)_ J&J 6 3-90 to 3-95 _ W ashoeCoSD5s’26to’29.M&S 4Ms Rd&Bdge ’38-’44 M&N 4.20 to 4.35 % Pittsfield— 4 Ms Rd&Bdge ’33-’37 M&N 4.20 to 4.35 % 4 Ms 1925-30 (tax-exempt). NEW HAMPSHIRE 4 Ms Rd&Bdge ’26-’43 J&D 4.20 to 4.35 % 99 M 4.25 Concord— Quincy 3 Ms ’26 to '39_ A&O _ St Louis Co 5s 1926-29. . -J&J Tax exempt_______________ 98 3M s 1926 to 1929_____J&J 4.30 5s Road 1931_________ J&J 95 M 96 Salem 4s Jan 1 ’32-’54 tax-ex. 99 St Paul— Dover 3Ms 1928-1931-..J&D Manchester— Springfield 3 Ms 1935___ J&J 6s School July 1 1951--J&J 4.30 to 4.50 % 92 M 3s Sewer 1930________ J&D 93 4s 1926-1940 (tax-ex)..F&A 97 M 5s Refg July 2 ’26-’31--J& J 4.20 to 4.35 % 3Vs 4s 1935-’44 (tax-ex)_ F&A _ 4s 1926-1942 (tax-ex) _ _J&J 97 M 4Ms W W 1926-42_ A&O 4.20 to 4.35 % _ Taunton— 4s 1927______J&D 4s Sewer 1926-1943 (tax5s School July 1 1951--J&J 4.20 to 4.35 % 98 M 3 Ms Sewer Dec 1 ’3 0 .-J&D exempt)----------------- M&N 97 M 4Ms July 1935............. -J&J 4.20 to 4.35 % 95 M Wakefield 4s 1926-33. - -A&O 4s 1926-1945....... J&D 97 M 98 M 4Ms Park June 1 ’43 ..J & D 4.20 to 4.35 % 97 M 98 Watertown— 4s 1926-34--J&J Pembroke 4s ’26-’34____F&A 4Ms Sewer July 1 '43--J& J 4.20 to 4.35 % 97 M Portsmouth— 3Ms 1926 to 1929_____J&J 4 Ms Water Aug 1 '43-F&A 4.20 to 4.35 % 97 M 4s R ef Water 1932____J&J 97 M 4 Ms Refg July 2 ’26-’31-J&J 4.20 to 4.35 % M EXICO Stratford 5s M ay 1933-1954 107 M 4Ms N ov 1 1931................... 4.20 to 4.35 % See Foreign Govts page 49. 4 Ms July 1 1955______J&J 4.20 to 4.35 % NEW JERSEY 4s Ref Mar 1 1939___ M&S 41 5 to 4.30 % M ICHIGAN (See footnote o 4.10 4 Ms Road & bdge 1933.-J&J 4s Sewerage July 1 1939 J&J 4.15 to 4.30 % 4.30 4.10 5Ms July 15 1941_____ J&J15 4 Ms Road & bdge 1938. .J&J 4s March 1 1940______M&S 4.15 to 4.30 % 4.30 4 Ms 1940_______________ J&J 4.10 5Ms Oct 15 1941_____ A&015 4s July 1 1927-55______J&J 4.15 to 4.30 % 4.30 South St Paul 5Ms ref ’33-J&J 5M s Highway 1941_____ J&D 4.10 4.60 4 Ms Highway 1954______ J&J 5s Highway 1940_______ J&D 4.25 4.10 —J&J 4Ms 1955......... Asbury Park— 4 Ms Highway 1943_____F&A 4.20 MISSISSIPPI 4.50 4.15 4Ms School Jan 1943..J&J 4MS Highway Impt 1937 A&O 4.45 4s Highway Impt 1942. -A&O 4.15 5Ms Impt 1926-1930___ M&S 6 4.20 to 4.35 % Atlantic City— 6s 1927--A&O 4.40 Ann Arbor School District— 4.45 4 Ms 1926-1937________ J&J 5Ms Impt 1931-1946___ M&S 4.45 4.25 5 Ms April 1929-1934___ A&O 4.35 4s Sept 1935....... A&O 4Ms 1938-1958________ J&J Battle Creek— 4.30 4.45 4M s g Water 1926_____ J&J 4Ms 1930-1950---............. 4s City Hall 1927-36..F&A 4 25 4Ms 1926-1934........ 4-25 4.45 4M S Paving 1938______ J&J .J&J Bay City 4s 1934_______ J&J 4.45 4.25 4 2 5 4 Ms July 1 1926-1935____J&J 4Ms Jan 1 1945_______ J&J 4s Water 1930_________ J&J 5 M s W W 1926-1951--M & S b 4-25 to 4.40 % 4.45 4.25 4 Ms July 1 1936_________ J&J Bay City Union S D — 4 4.20 Atlantic Co— 6s R ’d ’26. J&D 3Ms Refund Jan 1 1927--J&J 4.40 o6s 1926. 1931. 1936-..J& J b 4M to 4-60 % 4.25 4Ms Building 1927-34.M&N 3 Ms State 1934 opt 1914--J&J Bessemer 5 Ms 1926-49.-F&A b 5% to 4.65 % 4.40 4Ms Building 1935-54-M&N Biloxi 5Ms 1926-1948_ A&O b 4.40 to 4.85 % _ "Calhoun Co 4Ms 1926.. A&O 4.25 Greenville 5s 1927_____ M&S 4.50 Atlantic Highlands— Detroit— 4.40 4s g Sewer July 1 1928.J&J Harrison County— o6s Pub Serv 1926-29.-J&J 4.75 4.90 Aubud S D 6s’ 26-’40— .A&O 4.50 5Ms Road 1940-50___ F&A o6s Pub Serv 1930-51--J&J b 4.25 to 4.50 % 4.65 Bayonne— 5s Fund 1928-J&J 4M Jackson 5Ms July 1 1933.J&J o5Ms N ov 1 1945___ M&N 4.40 4.50 5s Jan 1 1926-1949___ J&J 4M 5s Water Aug 1 1928--F&A o5Ms Pub Util ’26-’29_J&J 4Ms Funding 1931___ J&D 4.60 4M 4-25 5s Water 1930________ F&A o5Ms Pub Util ’30-’51.J&J 4 Ms Jan 1 1933_______ J&J 4.60 4M 5s June 1 1932________ J&D 4M to 4.40 % o5Ms Pub Util ’26-’48_A&0 4M s 1926-1953_______ F&A 4M Jones Co 5s 1926-42_____M&N 6 4.50 to 4.75 % 4M to 4.40 % 5s Pub Impt 1926-29_ J&J _ 4.25 Meridian— 4s Floating Debt 1928.J&J 4M 5s Pub Impt 1930-51_ J&J _ 4.60 Belleville 5s 1934 & ’44.M&N 4.30 4M 5s Dec 1 1939________ J&D 4 Ms Funding 1945___ o5s Jan 15 1936-42.-J&J15 4.55 4.30 4M 4Ms School House 1941 J&J o4Ms Pub Lib 1948.J&J15 Belleville S D 5s ’27-’44.M &N 4M 4.25 Mississippi Levee District— 4.30 o4Ms 1932, 1935-42. J&J15 4.90 Bergen Co 5 Ms ’31-’34—J&D 4.25 5s M ay 2 1944_______ M&N 4Ms 1942-1952_______ J&D 4.30 4.90 4.20 5 Ms Dec 1 1935-1942..J&D 5s July 1 1953_________ J&J 5s Dec 1944__________ J&D 4.30 4.80 o4s Aug 15 '26-’28—F&A15 4.25 4Ms Sept 1934_______ M&S o4s School 1946______ M&N 4.30 5s Dec 15 1925-1955-J&D 15 4.20 Vicksburg— 3 Ms Park 1930_______ M&S 4.30 4 Ms 1926-1939_______ A&O 4.20 5s St Impt 1926-32. - -F&A 6 4.40 to 4.65 % 4.55 oEscanaba 4 Ms 1926-30..J&J b 4.25 to 4.40 % 4.30 4Ms Aug 1926-1938_ F&A _ 4Ms Sewer Dec 1 1928-Dec tfFlint 4 Ms 1926-39_____F&A b 4 -30 to 4.40 % 4.30 4s Court Hse ’26-’38—A&0 Yazoo-Miss Delta Levee D ist4Ms 1938-1953_______ J&D 4.75 Bloomfield— 4.35 6s 1947 optional 1917--J&J 4.20 4Ms 1926-1954____ M&S15 b 4 -30 to 4.35 % 4 Ms Dec 15 1927-31-..J & D 5s 1926-1954_________ M&N b 4.50 to 5% 4Ms 1926-1937_______ J&D b 4-25 to 4.35 % 4.85 4M s Dec 15 1932-64_ J&D _ 4.25 4Ms July 1949________ J&J o5s (Mar 15 & Apr 1) ’31-’50 4.85 Camden— 4.40 4s 1952 optional 1922--J&J Flint Union School Dist— 5 M s A u g l 1926-1961..F&A b 4.15 to 4.30 % 5s 1926-1954_________ M&S b 4.30 to 4.45 % 4 Ms School 1943_____A&O b 4.15 to 4.30 % MISSOURI •oGenesee Co 6s 1926-31.M&N 4 Ms Water ’26 to '60.M&N b 4.15 to 4.30 % 4-25 "•Grand Rapids— 4s Paving 1929______ M&N b 4.15 to 4.30 % 4.20 5s March 1930-1936______ 5s 1926-1934.................A&O 4.15 Camden Co 4 Ms 1933._F&A b 4.15 to 4.30 % 4.20 4Ms 1933-1937_________ A&O 4Ms Flood Protec '33.M&S 4Ms 1935-1957...........—J&J b 4.15 to 4.30 % 4-15 4.15 4 Ms 1938 & 1939_______ A&O 4Ms 1926-1928_______ F&A 4Ms 1926-1964_______ F&A 6 4.15 to 4.30 % 4.10 4s Road 1933-34 Ser D ..M & S 4s 1944_______________ J&J b 4.15 4.30% 4Ms 1929-1930_______ F&A 4.15 Kansas City— Cape M ay— 5s 1934___ J&D 4 Ms 1931-1953_______ F&A 4.75 4.10 5s Water Works 1939--J&J 106.04 4s Water N ov 15 ’29. .M &N 4 Ms School 1926-1951-M&S 4.75 4.15 4Ms Sept 1 1930______ M&S 99.57 Highland Park 5s 1928. -J&J 4Ms 1926-1952_______ M&S 4.75 4.30 4 Ms Mar 1 1933______ M&S 100.23 4.35 o4Ms Sept 15 1934_ M&S _ East Orange 4M s ’26-’45.F&A 4.30 4Ms Water Works 1942-J&J 6 4.05 to 4.15 Jackson 4Ms 1930-47.A&016 5s Sewer 1926-1960____J&J 4.35 4.25 4Ms 1928-34___________J&J b 4.25 to 4.15 4s 1934_______________ A&O 4Ms Gen Impt ’30-’54.M&N 4.35 4.25 4Ms 1935-45__________ J&J 6 4.25 to 4-15 4s Water 1933________ J&D Kalamazoo S D No 1— 4.35 4s Sept 1 1930----------- M&S 97.33 3 Ms Water 1933______A&O 4.35 o5s School ’26-’30.-M &S15 4.30 Kansas City School Dist— Lansing— Elizabeth— 4Ms 1955___ J&J 4;15 5s July 1941__________ J&J 107 5Ms Dec 1 1926-1946.J&D 6 4.10 to 4.25 o5s ImpJuIyl5’26-32 J&J15 4.30 4Ms July 1 1933_______ J&J 100 6s June 1 1927________ J&D o5s Sewer 1926_______ J&D 4 %10 4.30 4 Ms July 1 1937_______ J&J 102.25 Englewood— 4s Sept ’35.M&S o5s Jan 3 1926-1932.-J&J3 4.50 4.30 4Ms Jan 1943_________ J&J 103M 4.20 Essex Co 4Ms Road '35—F&A b 4.15 to 4.30 % o4Ms Jan 3 1930-36--J&J3 4.30 4Ms Sewer 1928-’34--M&S 4 Ms L ’d Purch ’26-’46.J&J b 4.15 to 4.30 % 4.20 4Ms 1937-1946_______ J&D 4Ms Sewer 1935-’45---M & S 4.25 4 Ms Hospital ’26-’49—F&A b 4.15 to 4.30 % Marquette 3 Ms 1926___ J&J 4.25 4s July 1 1927_________ J&J 98.40 Muskegon— 4Ms Road 1932-1936..F&A b 4.15 to 4.30 % 4s Building 1932_______ J&J 98.00 4.30 Little River Drainage Dist— 4Ms W -W 1926-44____J&J 4s 1926_____ F&A ‘ 4% to 4.50 % 4s M ay 1 1934_______ M&N 4s Hospital 1946_____ F&A b 4.10 to 4.25 % 4.25 5Ms Oct 1926-1944_ A&O 6 5.20 to 5.40 _ Muskegon S D 5s 1942_ July _ 3.65s Park '26 to ’3 5 .-F&A b 4.10 to 4.30 % 4.30 St Joseph 4s 1926______ M&N 99M 100 Essex Fells (Boro) 5s July 28 Muskegon Co 4 Ms 1932.-J&J 4.30 St Joseph School District— _ 1926-1960.............................. 4.60 Pontiac— 4Ms ’31-’47_ M&S 99M4 30 Fairview— 5s 1944___________ 4.30! 4Ms, 1925, 1930 and 1935— 4.60 5Ms Sewer 1926-1942 F&A b 4.30 to 4.45 % I St Louis— 6s Wat Impt 1926-28.J&D 4.50 Garfield 5 Ms 1929______ M&S 4 Ms Bridge-Compl ’35 A&O 6 4.15 to 4.30 4.30 Gloucester Co— 6s Wat Impt 1929-35--J&D b 4-30 to 4.40 % 4 Ms Public Bldg & Imp 6s W at Impt 1936-50--J&D 4 Ms Bldg&Rd’26-’45 J&D20 4.30 4.60 1928-1943___________ J&J 6 4.15 to 4.30 Hackensack— 4 Ms 1942.F&A Port Huron 4s 1932______ J&J 4.40 4.30 4s Insane Asylum ’28-A & 0 6 4% to 4.25 4.40 4 Ms Imp 1926-1942___ J&J 4s Public Impt 1928____J&J 6 4% to 4.25 b Basis. / Flat price, n Nominal, o Tax-exempt; under a law approved March 13 1909, and which went into effect Sept. 1 1909, bonds Issued after 4hat date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis. STATE AND MUNICIPAL BONDS 52 B onds. Harrison— 4s 1930_______ J&J Hoboken— 4Ms 1940_____J&J 3Ms 1931____________M&N 5s School 1926-1954..-J&J 6s Sewer June 1 1926.-J&D 6s Pav & Sewer 1926..P& A Hudson Co— 4Ms 1948--A& 0 4Ms M ay 1 1950_____M&N 4s g Park 1959 & ’5 4 ..M&N 4s gold refunding 1935.F&A 4Ms July 15 ’26-'34-.J&J15 b 4Ms July 15 ’3 5 -7 4 ..J&J15 b Irvington 5s School '6 3 .-J&D Jersey City— 6s 1926____J&D 5 Ms School 1942-1953.A&O 5Ms Dec 1 1931-1933..J&D 4 Ms School 1926-58_ J&D _ 4Ms Refunding 1928_ J&J _ 4 Ms School 1945..........J&J 4 Ms Water 1961______ A&O 4Ms Park Mar 1961_ M&S _ 4Ms 1926_____________ J&D 4Ms 1927-30_________ J&D 4Ms 1931-1963_______ J&D 4s Water 1932________ A&O 4s Refunding 1949____F&A Keansburg 5M s______________ Kearny 4 Ms 1936----------- F&A 4Ms April 1962_______ A&O 4Ms Water 1931-1962-M&N 4 Ms Sch Impt ’26-’ 52 .J&D Lodi— 5s 1926-1947______ J&J Long Branch 5s 1943____M&N 4s June 1 1935________ J&D Lyndhurst 5s 1926-1957.-J&J 6s Impt 1926_________ J&D Mercer Co— 4 Ms 1933. - -J&J 3s Road 1933_________ J&D 3Ms April 1941_______ A&O 6s Road&Bdge ’26-’34-F&A Middlesex Co 4 Ms ’26-’34.J&J 6s Road 1926-1931____J&D 4Ms Fund July 1926-1939.. 4 Ms Road 1927-44.--F& A2 4Ms Impt 1926-32____A&O 3 Ms Bridge ’26 to ’3 1 .-J&J Monmouth Co 6s 1926-_M&S 4Ms 1926-1954____M&S 15 Montclair 4Ms Sch 1941.A&0 4Ms High Sch Bldg ’44. J&D 3 Ms School 1932______ J&J Morris Co— 4s ’35 opt ’05-J&J 4Ms 1942 opt 1922___ J&J Morristown 4Ms ’26-’42-.J& D Newark— 4Ms 1944_____F&A b 5Ms Oct 15 ’26 to '59 A&015 b 5s 1926-1958__________ J&J b 4Ms Dock 1959______F&A b 4Ms Apr 15 ’26-’61-A&015 b 4Ms School Dec 1 ’4 5 .-J&D b 4s Sch House 1959 opt 1949 b 4s Pas Val Sew’61 op ’51 J&D b 3Ms 1929_____________J&D b 3 Ms Track Elev 1954.F&A b Vailsburg 4Ms 1934--.J& J New Brunswick-—• 4Ms Aug 1 1926-57— .F&A _ North Bergen 5s 1941_ J&D 6s School 1926-29____M&S 6s School 1930-58____M&S North Plainfield 5s 1926-1954Nutley 5s 1933__________ J&D Ocean City— 52 1944___ F&A Orange— 5s 1926 to 1932-J&J 5s Water 1938________ F&A 4Ms School 1943______J&D 4s School House 1934.-J&D Passaic 4Ms 1926-40------M&S 5 Ms Gen Imp ’26-’28_-J&D 5Ms Gen Imp ’29-'44—J&D 5 Ms Gen Imp ’45-’ 51.-J&D 5s Imp 1926-1948___ M&N 4 Ms Refunding 1944.-M&N Paterson 6s______ 1926.M&N 5Ms 1927-1934______M&N 5Ms 1935-1959..........M&N 4Ms 1933 to 1944____M&N 4Ms Feb 1 1945______ F&A 4s N C Hall 1926 to ’32. J&J Perth Amboy 4 Ms Apr 1944 4Ms Water 1927-29.-M&S2, b 4 Ms Water 1930-34..M&S2 4Ms Water 1935-64..M&S2 4Ms School 1 9 3 8 ---.______ 4Ms Funding 1926-27-A&0 Plainfield— 4s 1926 to’34.J&D 4s School 1959_______ M&N b 4 Ms 1925-1962 various_ _ Ramsey 5s Water 1925-1940 Red Bank (Borough)— 4Ms 1926-1953______M&N b Ridgefield 5s July ’26-’31-J&J Ridgewood 5s 1926 _____F&A Riverside 5s 1926-1933..A&O Sea Isle City 5s 1943____F&A Sou Orange— 4s ’26 to ’44-J&J Summit 4Ms Sch 1941_ F&A _ 4s 1933______________ M&N Trenton 5Ms Oct 1926-1951— A&O 4Ms Water 1943______ A&O 434s School 1930-60— M&S 4s City Hall 1939_____J&D 3 Ms Sch N ov 1 1929.-M &N Union Co 4 Ms 1937_____M&S 4M sl94 2_____________M&S 434s Road&Bdge’27-47 F&A 434s Park 1927-’35--J&D15 434s Park 1936-’37--J& D15 4s Oct 1 1942-------------- A&O 5Ms June 1 1926------- J&D Vailsburg— See Newark. Weehawken 4Ms ’26-’28-J&D Westfield— _ 5s June 15 1926-’60_ J&D West New York 5s 1936.-M&S Wildwood 4Ms 1926-’57-F&A Bid. Ask. 4.25 to 4.25 to 4.15 4.25 4.20 4.15 4.15 4.15 4.10 4.10 4.10 4.10 to to to to to to to to to to To 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.40 % 4.35 % 4.40 4.25 4.25 4.25 4.26 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.75 4.50 4.50 4.30 4.50 4.50 4.50 4.50 4.60 4.60 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.20 4.30 % 4.40 % 4.40 % 4.30 % 4.30 % 4.30 % 4.25 % 4.25 % 4.30 % 4.25 % 4.30 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 4.25 4-26 4-25 4-25 4.25 4.25 4.40 4% to 4.15 % 4.50 4.50 4.40 4.40 4.40 4.40 3.50 to 4.20 % 4.50 4% to 4.25 4.50 4.50 4.50 4M 4.35 4.35 4 4.20 4.20 4.20 4.20 4.20 4.25 4.25 4-25 4.25 425 4.25 4 25 4.50 4.50 4.40 4.50 B onds. NEW Y O R K . Bid. A sk. To J Net (See n ote be] ow) 5s Mar 1 1926-1971.........M&S b 3.90 to 4 1 0 % 5s Jan 1 1926-1971_______ J&J b 3.90 to 4 10 % 4 Ms Highway 1963_____M&S 108M 111 4Ms Canal 1964_________ J&J 108 M 111 106 4 Ms Canal 1965--...........-J&J 104 106 4 Ms Highway 1965_____M&S 104 103 4Ms Barge Canal 1945_ J&J 101 _ 4Ms Bonus 1926-1930..-A&O b 4 % 4Ms Bonus 1931-1939-..A&0 b 4 % 3.90% 4 Ms Bonus 1940-1949..-A&O b 4 % 3.90% 102 4s Canal Term 1942_____J&J 100 102 4s Canal Term Jan 1946.-J&J 100 4s g High Imp Mar ’ 5 8 .-M&S 100M 102 M 4s g High Imp Sept '5 8 .-M&S 100 M 102 M ___ _ 4s High Imp Mar 1960_ M&S 100 M 102M 4s Canal Imp July I960--J&J 100 M 102M _ 4s Canal Imp Jan 1961_ J&J 100M 102M _ _ _ 4s Canal Imp July 1961--J&J 100M 102M _ _ 4s Highw Imp Mar ’6 1 --M&S 100M 102 M _ _ 4s Palisade Park 1961_ M&S 100M 102M _ _ _ 4s Canal Jan 1962_______ J&J 100M 102M _ _ 4s Highw Imp Mar '6 2 ..M&S 100M 102 M _ _ _ 4s Canal Imp Jan 1967_ J&J 100 M 102 M _ _ 4s Highw Imp Mar ’6 7 ..M&S 100M 102M _ 4s Palisades Park 1967--M&S 100 M 102 M — 4s Bldg constr 1926_____ M&S b 4.05 4s Bldg constr ’27-’30__ M&S b 4.05 4s Bldg constr ’31-’39__ M&S b 4 % 3.90% 4s Bldg constr ’40-’49__ M&S b 4 % 3.90% 3s g Jan 1 1956__________ J&J 3s g July 1 1958_________ J&J 3s g Canal Jan 1 1959___ J&J Albany— 4 Ms ’26-’28___ J&D b 4 % to 4 05 % 4Ms Water 1926-34..M&N b 4 % to 4.05 % 4.10 4Ms Oct 1963________ A&O 4.05 4 Ms Water 1932_____M&N 4 Ms 1926-1954_______ J&D b 4 % to 4-05 % 4s Munic & Sch ’26-’63-J&J b 4% to 4 05 % 4s Park 1926 to ’30. . .M&N b 4% t* 4 .05 % 3Ms Pub Imp ’26-’34-.F & A b 4 % to 4.05 % Albany Co—■ 4.05 4Ms 1936-1937-1938.-M&N Allegany Co 4M s’32-’36.M&S 4.20 4 30 Amherst— 4 Ms 1927-29.-M&S 4.35 4 Ms 1930-1935_______ M&S 43 5 4 Ms 1936-1955_______ M&S Amsterdam 5s Wat 1925-37.- b 4% to 4.15 % Auburn 4 Ms Dec 6 ’25-’31J&D b 4% to 4.15 % 4 Ms 1926-1934_______ J&J b 4% to 4.15 % Binghamton 4s ’28 & ’29.F&A 4M 4s Sew Disp ’26-’36_ F&A b 4 % to 4.10 % _ 4Ms 1925-1956___________ b 4 % to 4.15 % 4Ms 1925-1971________ var. b 4% to 4 1 5 4M 4 Ms Park 1926-’37____J&J b 4% to 4M % 4-10 3 Ms Bridge 1935_____F&A Brooklyn— d— 4-00 4s Bridge 1926________ J&J 3 Ms g 1926 to 1937___ J&J b 4% to 4.15 % 4.15 3 Ms gold 1936________ J&J _ Broome Co 5s ’26-’33_ M&S b 4% to 4.15 % Buffalo— 4.10 4Ms June 15 1944-..J& D 15 4-10 4Ms June 15 1964..-J& D15 4 Ms 1926-1968_______ J&D b 4% to 4.10 % 4.05 4Ms Feb 15 ’62 op '32.F&A 4s June 15 1926-*30---J&D b 4 % to 4.05 % 4.05 4s June 15 1960______J&D 3Ms Park Reg 1927..-F& A 4.05 3Ms Water 1926-35--.M &S b 4% to 4.05 % Cohoes 6s R ef Wat ’26-’45 J&J b 4.20 to 4.50 % Corning 5 Ms 1926-’60-.-M & S b 4.15 to 4.40 % Cortland Co 4Ms ’26-’51-J&J b 4.10 to 4.20 % Delaware Co 4.20s’26-'52 A&O b 4.05 to 4.20 % 4-10 Elmira— 4s 1935________ M&S 4.15 4Ms Water 1926-’4 5 -.A & 0 4.15 4 Ms Apr 1 1933-1935. Erie Co 4 Ms ’26-’36 tax-ex J&J Q 4% to 4-10 % 4.10 4s 1945-1953_________ M&S 4.20 Franklin Co 4Ms ’31-’40-M&S Fulton— 3.40s '26 to ’29.J&D b 4 % to 4.15 % Garden City—■ 4Ms 1926 to 1952_____J&J b 4.05 to 4.25 % 4 Geneva— 4s Water '26_ A&O _ Glens Falls— 4 Ms ref sewer 4.10 Aug 31 1926-1928_____F&A Groton 6s Wat ’26-’50- -M&N b 4.20 to 4.60 % Haverstraw 4.12s '26-’37 M&S 6 4-10 to 4.20 % Hempstead Un F S D No 1— 5Ms 1926-1929________ J&J b 4-10 to 4.20 % 6s 1926-1930 _________ M&S 5 4.10 to 4.20 % 4.25 6s 1931-1954 ____________M&S Herkimer— 4Ms ’26-’27-M&N b 4.05 to 4.10 % Hudson— 4 Ms High Sch '26-’32.A & 0 b 4.05 to 4 -10 % 4.35 Irondequoit 5s ’29-’53_ J&J _ Irvington 4.10s ’2 6 -3 6 --A & 0 b 4.10 to 4.20 % 4.15 Ithaca 4.30s ’27 op var_ J&J _ 4.15 4Ms Ref Water 1942_ J&J _ Jamest’n 4s Mar 20 '4 3 .-A&O 4M Jamestown S D 5s 1925-’29_ b 4 05 to 4.15 % _ 4-15 5s 1930-1939_________ J&D Johnstown 4Ms Dec 1926-’37- b 4.05 to 4.20 % dKings Co 4s M ay 1 ’26-'44_ b 4 .05 to 4.20 % _ Kingston 3 Ms g ^e-'Se.-A & O b 4% to 4.15 % Lockport 4Ms 1925-1944_____ b 4 1 0 to 4.20 % 4 Ms Sch 1926-1944________ b 4.10 to 4.20 % Madison Co 4 Ms '26-’29 Feb 1 b 4 .05 to 4.15 % 4.25 Mamaroneck (T)4 Ms’30-64J& J Mamaroneck Un F S D No 1— 5Ms M ay 1 ’26-’28--.M & N b 4.10 to 4.15 % 4-30 5Ms M ay 1 ’29-’52___ M&N Middleport 4.35s ’26-’42.J&D b 4.15 to 4.30 % 4.35s Sewer ’26-’39____J&D b 4.15 to 4.30 % 4.15 Middletown 3Ms 1931_ F&A _ Monroe County—■ 4.10 4s 1931-1944_________ F&A 4-20 M t Vernon 4Ms ’3 1 -43--A & 0 4-25 5Ms 1926-1934_______ A&O 4-30 5Ms 1935-1941_______ A&O 4.20 4 Ms Water 1942______ J&J 6 4.10 to 4.20 % 4 Ms 1925-1943______ 4Ms School 1962-73.-M&N 4.20 4s Sewerage 1950-55--M&N 4.15 5s Jan 2 1926-1928___ J&J2 b 4.10 to 4.15 % 5s Jan 2 1938________ J&J2 4.25 Nassau Co— 4Ms '26-’29-J&J b 4% to 4.10 % 5s Aug 1 1928 ________ F&A 4.10 5s 1931-1939_________ M&N 4.15 4Ms Ref 1926-1928___M&S b 4% to 4.10 % 4-10 4 Ms 1938-1943_______ J&D 4Ms 1926-1946_______ M&S b 4% to 4.10 % 4.10 4Ms 1935-1946________ J&J 3Ms Court House'30-M&S 4-05 [ V ol. 121. B onds. Bid. A sk. To N et. Newburgh 4Ms ’26-’34--F & A b 4.05 to 4.15 4 Ms Wat Imp 1926-41-J&J b 4.05 to 4.15 4% 4s Wat Imp 1942-63_ J&J _ New Rochelle— 5s 1926-1929-..............-M&N b 4.10 to 4.20 % 4.30 5s 1930-1950_________ M&N 4Ms Mun Imp ’26-’35.M&N b 4.05 to 4.20 4s 1926-1930_________ M&N b 4.05 to 4.20 t 3 Ms 1926 to 1933_____ J&D b 4,05 to 4.20 % New York City— 105 M 4Ms June 1965-........... J&D 105 4Ms June 1926-30____ J&D 6 4.25 104 M 105M 4Ms 1963___________ M&S 4 Ms (old) M ay 1957--M&N 104M 105M 4Ms (new) N ov 1957-M&N 104M 105 M 105M 4M® Corp stock 1967--J&J 105 4Ms Corp stock ’26-’32-J&J b 4.25 4Ms Corp stk 1971--J&D15 105 M 105 M 4 15% 4Ms Sch & Var ’26-’39-J&D 100 M 4Ms 1960 opt 1930____M&S 100 4 M’s 1960___________ M&S 100 M 100M __ __ 4Ms Mar 1 1962______ M&S 100M 101 4Ms Mar 1 1964______ M&S 100 M 101M 4Ms April 1965_______ A&O 100M 101 4Ms April 1 1966_____ A&O 100M I01M __ _ 4Ms Apr 15 1972_ A&OIS 100M 101M 4Ms Rap Tr & W at 7 4 J&D 100 M 101M 4s Various 1936_____ M&N 97 M 98 M — 96M 4s N ov 1955_________ M&N 97 M __ 96M 4s Various 1956_____ M&N 98 M - 4s Various M ay 1957-M&N 97 % 97 % 4s N ov 1958_________ M&N 4s M ay 1959_________ M&N 97 M 98 M 3Ms Bklyn M Sew '27-J&J b 4.20 — — 3Ms Dock 1927 ex___M&N b 4.20 3Ms g exempt 1941--M&N b 4.30 to 4.15 % 3 Ms exempt 1942____M&N b 4.30 to 4.15 % 3 Ms R T 1948-1950--M &N b 4.30 to 4.15 % 89 87 3Ms g exempt 1952..M &N 89 87 3Ms g exempt 1953--M&N 87 M 88 M 3Ms g exempt 1954.-M&N 87 M 88 M 3Ms g Water ex '54--M & N 87 M 88 M 3 Ms exempt 1955____M&N 3 Ms stock Apr 1 1954-A&O 87 M 88M — 3 Ms Nov 1 1929_____M&N 3s g R T 1950 exempt-M&N 4.30 Niag Fails— 5 Ms ’41-48 M&N 4.20 4.10% Sewer 1935-50--J&J 4 4Ms School 1926______F&A 4.25 4Ms Wat M a y l’41-’48 M&N 4.30 4 Ms Repav ’29-’33 reg M&N 4.30 4 Ms Sew ’39-’46 reg. _M&N 4-20 3 Ms 1942-1945_______ M&N North Tarrytown (5) _ 4 Ms Water 1926-45_ A&O b 4-10 to 4.25 % 4.30 4Ms Water 1946-64_ A&O _ 4.20 Oneida— 4s Water '40-’45-J&J 4.25 4Ms Water 1930-39____J&J Oneida Co 3Ms ’26-’28-.F& A b 4 % to 4.10 Onondaga Co 3s ’26-’29--J&J b 4 % to 4.05 § 5Ms 1926-1930_______ M&N b 4% to 4.10 % 4 4Ms 1926 _____________ J&J 4-05 4s March 1 1 9 2 9 --...-M & S Ossining 4Ms 1926-42-.-M &S b 4.15 to 4.30 Oswego—4M s 1926-29-.M&N b 4.10 to 4-30 5 Ms School 1926-46--M&N 6 4% to 4.30 4.25 Penn Yan 4.35s ’26 to ’31-O ct Poughkeepsie— 3 Ms 1926 to 1930____M&S b 4 00 to 4 1 0 % 4Ms Water 1926-52-.-J&D b 4% to 4.15 % 4.10 Putnam Co 4Ms ’26-’29-F&A 4 Queens County 4s 1927--J&D 4 Rochester— 5s 1926_____F&A 4.10 5s 1927 1931 (coupon)-F&A 4.15 5s 1932-1951 (coupon) .F&A 4.05 4Ms Jan 15 1933______J&J 4.10 4Ms Municipal 1945--M&S 4Ms Pub Imp ’26-’48.-F & A b 4 % to 4 -10 % 4Ms School 1926-45---J&J b 4% to 4.10 % 4Ms 1926-1936________ J&J b 4% to 4-10 % 4 4s 1926 to 1927________ J&J 4s Imp Sch &c ’26-’47-_J&J b 4% to 4.05 % 4 05 3 Ms R ef 1933 opt 1913-J&J Rockland Co— 4s ’26-’34-M&S b 4% to 4.15 % 4Ms ’26-’38 (reg)_ F&A15 b 4 % to 4 -20 % _ 4.15 Rome— 4Ms Sept 15 1931-J&J 5Ms 1931-1941_______ A&O b 4.15 to 4.25 Rye 5s Mar 10 ’ 16-’38-..M & S b 4.10 to 4.20 1 4.25 Saranac Lake 4Ms 1926- M&S 4.45s Fire House ’26-’39F&A b 4-25 to 4.35 % 4.20 Saratoga Co 5s 1926-1941____ Saratoga Springs—• 4 Ms Park 1926-40___ A&O b 4% to 4.20 % Scarsdale 4Ms 1926-’4 5--J& D b 4% to 4.25 % Schenectady 5s 1926-’33--J&J b 4 % to 4.20 % 4Ms 1926-1931_______ A&O b 4 % to 4 -15 % 4Ms 1926-1934________ J&J b 4% to 4.15 % 4s Oct 15 1926-’44_ A&O 15 b 4% to 4.15 % _ 4.20 Schenec Co 4 Ms ’42-’5 8 --J&J Solvay 4 Ms 1926-’40____F&A b 4.15 to 4.50 % Somers (T) 4 Ms ’26-'53-M&N b 4.10 to 4.35 % 4.20 Steuben Co 4Ms ’28-’37--F& A Suffolk Co 4Ms 1926-’32-.J& J b 4 % to 4.10 % 4Ms Oct 1926-1939_ A&O b 4 % to 4-15 % _ 415 Sullivan Co— 4 Ms ’27-’29 A&O 4.20 4 Ms Highway 1930-45-A&O Syracuse 4Ms 1925-’35 Various b 4 % to 4.10 % 5s M ay 15 1926-1938______ b 4 % to 4.15 % to 4-20 % 5Ms 1926-1960_______ M&S b 4% 4Ms June 15 ’26-34-J&D15 b 4% to 4.05 % 4 Ms 1926-1944_______ M&N b 4% to 4 1 0 4s June 15 1926-’44--J&D 15 b 4% to 4-05 4.05 4s Refunding 1929____J&D 4.05 3 Ms Water 1928______J&J Tioga Co 5s 1926-1930.--M&S b 4 % to 4.20 % Tonawanda 4Ms 1926-42-J&J b 4.10 to 4.35 % 4Ms Sewer 1926-1953--J&J b 4.10 to 4.35 % 5s Water 1926-1950____J&J b 4.10 to 4.45 % 5Ms Water 1926-1950--J&J b 4.10 to 4.50 % 4.40 5Ms Street impt 1931--J&J Troy— 6s 1926-1940 reg______ A&O b 4% to 4.40 % 4Ms School 1926-31_ F&A b 4% to 4.15 % _ b 4 % to 4.25 % 4Ms Feb 15 1926-1957-_ 4Ms 1926-1965________ J&J b 4% to 4.10 % 4 4s Sept 1 1926_________ _ 3 Ms Water 1926-36____J&J b 4% to 4.10 % Utica— 4 Ms 1926-35____M&N b 4% to 4 15 % 4Ms Pub Imp ’26-’4 2 .-A&O b 4% to 4.15 % 4Ms Pub Imp '27-’45-J&Jl5 b 4% to 4-15 % 3Ms N ov 1 1926-’35_ Nov b 4 % to 4.15 % _ Warsaw Union Fr S D No 10— 4Ms 1926-1942________ Oct b 4.10 to 4.35 % Watertown 4Ms 1942____J&J 4.15 4 Ms 1926-1953________ J&J b 4% to 4.15 % 5s 1926-1945__________ J&J b 4% to 4.20 % 4s M ay 1938_________ M&N 4.15 3 Ms Sewer ’26-’27____M&N b 4% to 4.05 % NEW MEXICO 4.50 454s R ef 1953 opt 1933.-J&J 4.25 4Ms Dec 16 1952 opt ’22.J&D 4.30 4s Fund 1939 opt 1919.-M&S 4s Highway 1926-1944— J&J b 4% to 4.25 % 4.40 Albuquerque 4Ms 1929--M&S 4.55 5s W W Dec 1962_____J&D Bernalillo County— 5s 1931 opt 1 9 2 1 ............. Socorro Co 5s ’41 op ’21 _.A&Q b Basis, d Now part of New York City. /F la t price, n Nominal. N ote .— Owing to money conditions and the demand for the shorter maturities New York State and in fact all municipal issues have been selling on a different basis for each individual maturity. Lack o f space does not permit us to give the yield for each separate maturity and we are compelled, therefore, to give the range from the earliest to the farthest maturity. For instance, Albany 4M % bonds due 1925-1928, selling on a 3 to 3.75% basis would. Indicate that the 4Ms due 1925 would be on a 3% basis; the 4Ms of 1926 on a 3 M % basis; the 4Ms of 1927 on a 3M % basis, &c. D ec., 1925.] Bonds To B id . Watervliet 6s 1925-30 _ Var _ West Seneca 5 s ’26-’38-_ A&O Westch’r C o3M s ’27&’28 J&D 5 Ms 1926-32 reg __ J&D 5s 1939-76_______ __ J&D 5s June 1 1929-54 J&D b 4.15 6 4.10 4 Ms Parkway 1962-86 J&D 4Ms Co Bldg 1927-44 A&O 6 4.05 4s Co Bldg 1926-59- M&S b 4 % 4s 1930 to 1935 F&A White Plains— 4s ’26-’28 F&A 4Ms 1935-1959 (reg). M&S 5M sSch 1931-1936 A&O 3Ms Water 1 9 3 1 ___ A&O W olcott 4Ms Jly 15 ’26-’42J&J Yonkers 5 Ms Jan 1926 -A&O 5Ms Jan 1927-1961 A&O 4 Ms July 1 1926-62 A&O b 4% 4 Ms Mar 1 ’27-’56 A&O 6 4 10 5s April 1 1926-1927-- A&O 6 4.05 5s 1926-1938_____ - A&O b 4% N ORTH CAROLINA 5s July 1961- - . ________ 4Ms School 1927-46_ _ J&J 4 Ms 1927-1962- _______ J&J 4s Refunding 1950_____-J&J 4s Building 1951 J&J Albemarle 6s 1926-38 F&A b 4.50 Asheville 5s R ef 1941 J&J 5s School 1943 J&J 5 Ms 1926-1957 J&J b 4 25 5 Ms Street 1926-36 F&A b 4.25 4Ms 1926-1929 M&N b 4.25 4Ms 1930-1965 M&N Buncombe Co 5s ’26-’46 J&D b 4.25 4Ms Funding 1939 M&S 6s Bridge 1928-37-- A&O Charlotte— 5s St&Sew’29 J&J 5s School 1926-46- - F&A b 4.25 5Ms Fund 1926-29_ F&A b 4-25 _ 5Ms 1926-1930_____M&N b 4-25 5Ms 1931-1948 M&N 4Ms Water Mar 1935- J&J 4Ms Water Oct 1 ’41- A&O 4 Ms Wat & Sew 1942 J&J Durham-4 Ms Sew&Lt’41 J&J 4 Ms Fund ’26 to 1940 J&J b 4-25 5s Water 1926 to 1945 J&J b 4-25 5s Fd & Sewer ’26-’39 F&A b 4 25 Granville Co 4Ms ’39 M&N Greensboro— 5s W W ’ah .T& .T 5s Aug 1 1942 W ' “ F&A 4Ms 1927-’30_ _ F&A 4M sl93 1-’65- - - . F&A Greenville 5s W W '58 F&A Iredell Co 5s Aug 1 ’42 F&A 4Ms 1929-1939_____ A&O 4M s 1940-1950A&O Lee Co 5s Road 1952 M&N Lincoln Co 5s 1943 & ’48 J&J . J5s Bridge 1937-1951--/F & A Mecklenburg Co— 6s R ef N ov 1950 ____M&N Pitt Co 5s 1926-36- ._.M & N 4Ms 1943-1947-- ___M&S 53 STATE AN D MUNICIPAL BONDS A sk. N et. 4.30 4.50 4.05 4.25 4.20 3.65s g Feb 1937 B id . 4.10 4.25 4.30 4.15 4.50 4 4.30 to 4.20 % % to 4.10 % to 4.25 % to to to to to to to to to to 4.30 4.30 4.30 4.30 4.30 5.25 % 4.60 4.60 4.65 % 4.65 % 4.50 % 4 55 4.60 % 4.50 4.75 4.45 4.45 % 4.45 % 4.45 % 4 60 4.40 4.40 4.40 4.50 % 4.60 % 4.60 % 4.55 4.55 4.60 4-45 45 0 4.45 4.75 4.60 4-55 4.55 4.70 4.70 4.70 *4 Ms Sewer 1930-49 J&D *4Ms St Imp Feb 1 ’34 F&A *4Ms March 1949 M&S 4Ms Park 1938 4Ms 1926-1935 4 Ms 1936-1950 4s Park 1929-1931 A sk. F&A to 4.20 % Cine S D *4Ms 1934 A&O 13 4s 1Q36 opt.1 Q66 M&S to 4.15 % 4-20 3Ms 1940 opt 1912 A&O Cleveland *6 Ms 194-0-70 .T&f) to 4.10 % 6s 1 930-1933 .T&D to 4.05 % 4.05 *6 Ms Pula Hall 1976 .T&D 4.80 4-60 4.55 4.60 4.50 4.60 4.60 4.30 to 4.65 % 4.30 to 4.90 % 4.30 to 4.90 % 4 85 4.60 4.50 to 5.25 % Raleigh 5s 1927-. A&O 5s Munic Bldg 1939-. J&J 5s Impt June 1 1944 - J&D Rutherford Co 5s ’26-’52- J&J b Salisbury 6s Impt ’26-’35_J&J b 6s 1926-1941- ____ M&N b Surrey Co 6s M ay 1933-1958 Wake Co 5s Fund 1948 J&J Weldon 6s Jan 1926-1942.. _ 6 Wilmington— 5s R ef & Impt 1955 A&O 4Ms 1926-1962_______ A&O 6 4.25 4Ms g Wat & Sew ’48. -A&O 4Ms Wat & Sew 1952 J&J 4s g R ef July 1 1929 J&J Wilson— 4 Ms 1927-57 F&A Winston-Salem— 5s 1927-1932 _______ J&J 5s 1933-1936 J&J 5s gen impt 1944.. J&J 5s Sept 1926-1947 . M&S 4Ms July 1 1942. J&J 4Ms July 1 1952-. -J & J 4 Ms 1927-1932 ____ J&J 4 Ms 1933-1973 . . J&J 6sim p Aug 15 ’26-30F&A15 b 4.30 N OR TH DAKOTA 5s Farm Loan 1935, 1940, 1945 and 1950. J&J b 4.40 5Ms 1945 & 1948 ser C -.J& J b 4.40 5Ms July 1928-1933_____ J&J b 4.40 Grand Forks 5s_.M av ’26-’38 Bonds b 4.15 to 4.25 b 4.15 b 4,15 A&O M&S M&S A&O Cleveland S D *4Ms 1925-28 *4Ms 1929 to 1935 4s July 1 1932 J&J *6s 1926-1928 J&D *6s 1929 to 1935 J&D *6s 1926-1959 A&O b 4.25 to 4.40 5s tSt Impt 1Q2fi-lQ32 3 Ms 1932 opt 1919 b 4.15 to 4.25 .T& .T M . b B id . A sk. T9 N et OKLAHOMA 4.20 4Ms Oct 15 1926-33--A&O 15 b 4% to 4.25 % b 4% to 4.25 % 3.80 4.5C 3.80 5 3.80 Guthrie 6s W W 1943---A & 0 4.25 4.5( 3.80 5s Sewer 1 9 3 6 - - _____M&S 3.80 4.4f 5s 1937 opt 1922____ F&A 4.25 4.4f 4.25 5s Water 1936- _ _ M&S 4.4C 4.25 4.4C % 4.40 J&J 4.25 O klaC ity S D 4s 1933 4.4C 4.25 5s 1926, 1930, 1931___ Var 4.25 Okia Co 4Ms ’26-’33 . J&D b 4-25 to 4.40 % 4.6C 4.25 b 4% to 4.50 % 4.25 4 ,6f Tulsa 5 Ms 1927-32_ - F&A _ % 4.6C 5 M s July 1946 F&A % 4.6C 5 M s Wat & Park ’30-’49 F&A 3.80 5s 1933-1947- _______ F&A b 4.40 to 4-50 % 3.80 3.90 OREGON b 4 25 to 4.40 % 4.25 3.80 4 Ms 1926-1944 (s-a) - -A&O b 4.25 to 4.40 % b 4-25 to 4-40 % 3.80 b 4 25 to 4.35 % 4.15 b 4-20 to 4.35 % 4.25 b 4-15 to 4.30 % 3.80 F&A b 4-15 to 4.30 % 4.15 4s Aug 1 1928-1933 5 4.15 4.9C 5 5 Ms 1926-1949 - J&J % 4.8C 4M 4.80 % 5 3.80 b 4.70 to 5% 3.80 4.76 3.80 b 4.30 to 4.40 % 4 4.25 4Ms Bridge 1931-1944 J&D b 4.30 to 4-40 % 4s Bridge 1945-1955---J&D 5 4.30 to 4 40 % % 5s Road 1926-1939---M&N 5 4.30 to 4.40 % % 4.25 4.25 4Ms July 15 ’28-’39 J&J15 5 4.30 to 4.40 % 4 4s July 15 ’40-’45 - -J&J15 5 4.30 to 4-40 % *5s 1943-1952 J&D19 Cuyahoga Co *6s ’26-’39-A & 0 b 4.15 to 4.25 *5s Bridge 1926-27--.A & O b 4.15 to 4.25 *5s Ref 1926-1932 A&O *5s R ef 1939 1Q3Q A&O 4s R ef 1926 A&O 4s 1926-1941 A&O 6 3.80 to 4% •Davton— 5s 1996 39 M&N 4.30 4.30 4.30 4.30 4.30 *4Ms W W Imp 1940 J&D *4Ms Bdge 1933 39 A&O 4.30 Davton S D 6M« '41-’61 M&S 4.30 *5s Mar 16 *26 ’46 M&S16 b 4.15 to 4.30 % b 4.15 to 4.30 % *5s St Tmpt 19.36-3n A&O 4.30 3.80 Elvria 4s 1926 to 1Q38 .T&D b 3.80 to 4% 4.50 5s W W 1929-1946 J&J 4.50 •Findlay City S D 5s’26 ’27J&J 4.60 4.25 *5Ms Hos&Bge ’26 ’35 F&A b 4.15 to 4.30 % 6s Rd M ay 2 ’27-31 M&N2 b 4.15 to 4.30 % 4.25 4.25 4Ms Oct 1 1939 A&O 4.15 4.25 3.80 4.50 4 4Ms 1926-1939 A&O b 4.15 % 4.35 *4Ms Oct 1945 A&O *5s Park & Imp ’26-’41 A&O b 4.15 to 4.40 % b 4.40 5 Ms Sewer 1925-1947 *5s Sewer Feb 15 ’27-’51 *4Ms Oct ’26-Oct ’3 0 --A&O .3 V4s R e f’36 opt ’96 A&O 4.55 to 4.50 % Lorain 5s 1926 to 1932 -J&J 4.45 *5s W W R ef ’26-’27 - M&S 4.45 *6s Fd Sep 15 ’26 ’28TVT&S15 4.45 4.75 4MsW&SSepl0’26-30M&S!0 4MsW&SSepl0’31 35M&Si5 4-50 *5 Ms Wat Slip ’96 ’36 M&S 4.50 4.50 5 s 1932 opt 1922 J&J 4-50 4.45 3Ms 1931 opt 1911 “ “ F&A Bonds 4% to 4.50 % 4.40 b 4.15 to 4.50 % 4 b 4.15 to 4.40 % b 4.15 to 4.40 % b 4.15 to 4.40 % 5Ms Aug 1928 F&A 5s Harb Dev 1926-50 M&N 4Ms Dock 1943 ___ M&N 4 Ms Get 1996-47 A&O 4s Water 1937 M&N 4s Water 1936-1955 M&N 5s Refg 1955 to to to to to to 4.50 4.45 4.45 4.44 4.40 4.40 J&J 4s Dry Dock 1934 5 4 -25 5 4 30 5 4.30 5 4.30 5 4.25 5 4.25 J&J 4.5C 47Q PENNSYLVANIA 114 5s July 1 1951 Series C J&J 112 4Ms July 1929, 1934, 1939, 1944, 1949 J&J 5 3.97 to 4% 4s Highway 1930, 1932, 1935, ’37, ’40, ’42. ’45, ’47, ’50. ’52 5 3.97 to 4% ’4 8 ,’5 1 ,'5 3 - - ______M&S 4s Street Impt 19373Ms 1926 to 1931 Allegheny Co 4 Ms ’43 4s Road 1939 - - M&N A&O M&N A&O 3Ms 1932 opt 1922- M&N Altoona— 4s ’34 opt ’ 14 -J&J 4s Ref 1936 opt 1916 J&J ’40, ’45, ’5 0 --'-_______ J&D Braddock 4 Ms '26 '44 M&N 4s 1926 to 1935 - - --M &N Cambria Co 4Ms ’25-’45 - Chester— 3 Ms 1929 J&J % % % % % 5 4.90 5 _ _ to 4% to 4-25 100 M to 4.25 98M 98M 98M 98 M 98 M 98M 98 M 98M % % 5 4.15 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 % % % % % % % 5 3.97 54.15 99 M 6 9 15 97 97 97 97 97 97 97 97 5 4.15 5 4 15 5 4.15 5 4.15 6 4.15 6 4.15 5 4.15 5 4.15 5 4.15 5 4.15 5 4.15 5 4.15 % _ _ _ 3.80 to 3.80 % 4 Ms 1935-1940 J&J 4.25 Chester S D 4 Ms ’32-’47-’42 4.25 Easton— 3M sl928 1 A&O Erie— 4M« Srh 1Q96-’3Q A&O % 3.90 % 4 Ms R ef 1935 opt '24 J&J 4.50 Erie S D 4s 1926-38 % F&A 3.90 % 4 Ms 1926-1937 A&O 4.60 % 4 Ms Jan 1 1936-1946 4-40 6 4.15 to 4.25 % 5 4.15 to 4.25 % 4.45 b 4.15 to 4.40 % 4.50 Harrisburg— to 4.50 % 5Ms (5 to 10 yr mat’y)_J&D 4.50 4s Aug 31 1926-’32 M&S 5 4.15 to 4.25 % 5 4.15 to 4-25 % 3.80 5 4.15 to 4 25 % to 4.60 % 4s M ay 15 1926-1953 to 4-75 % *5s FI Emerg ’26-’42 -J&D d 4.15 to 4.25 % Johnstown 4Ms 1925and 1930 5 4.15 to 4.25 % to 4.60 % 4s Building 1930 opt M&S 5 4.15 to 4.25 % Newark *4Ms 1926-41 ..A & O b 4.15 to 4.50 % 5 4.15 to 4-25 % 4.65 3.80 4 5 4.15 to 4.25 % 4-30 5 4.15 to 4.25 % 4Ms 1926-1932. . . A&O 6s Sewer 1927-36 J&J 6 4.20 to 4.50 % 4.50 4 6 4.15 to 4.25 % •Akron 6s 1926-1940 A&O 4.30 6 4.15 to 4.30 % b 4.15 to 4.25 % 4.40 *5s Water 1926-1963 A&O M cK ’p ’fc S f> 4V£s b 4.15 to 4.25 % 1926 1930 M&S b 3.90 to 4% 4.40 *5 Ms 1926-1929. J&J 3.90 Mercer Co 5 M / ’26-’47 F&A b 4.15 to 4.25 % 4Ms 1931 1935 M&S 4.50 Sorinef’d S D *5s ’26 ’39 .T& b 4.15 .T9 *5 Ms 1930-1937____ J&J b 4.15 to 4.25 % % 4.50 Steubenville *5s 1926 35 M&S b 4.15 *5 Ms 1938-1951 ______ J&J 98 % 98M 4.40 4.25 104 4Ms 1926-1947 ____ A&O 105 4.40 4.15 *4 Ms 1936-1955A&O 414s M av 1948 .T .T 104 & 105 4.40 4.25 4 A?s N o v i 1948 .T .T 104 & *4M W WDec31'25-37.JD31 105 4M« Sept 16 1975 -T .T 100 & 3.80 b 4.15 to 4.30 % 4 Ms 1925-1937 100M Alliance 4 Ms 1927-1932 J&D b 3.80 to 4% 4.25 98 Toledo *5s W W ’37-’44 F&A 98M _ *5s Water Dec 15 1926-1950 b 4.30 to 4.50 % 4s July 1942 ______ J&J 98 5s Sept 1926-1942M&S b 4.15 to 4.25 % 98 M _ Ashland— 4.2b 98 *6s Gen Fund 1929 F&A 98 M 4.25 b 4.30 to 4.60 % *6s Pub Wharf 1960 M&S 4s Feb 16 1955 J&J 98 98 M Butler Co— 4.25 *5s Sewer 1949 M&S 4s N ov 1 1966 - - . J&J 98 98 M 4.25 4.15 *4Ms Fl-Elmer ’26-’31 M&N •4Ms Sept 1 1928 M&S 4s July 26 1972 J&J 98 98 M Cambridge— 4 Ms ’26-’34-J&J 4.60 4.25 b 4 1 0 to 4.20 % •4 Ms Wat 1932-34 J&J 3 Ms July 1932 J&J *5s Sewer 1953_ _ _ M&S 4.60 3.80 3Ms July 1 1934 J&J b 4.10 to 4.20 % 4 Ms Bdg ’28, ’33 & ’38 F&A 4.60 •5s Sewer 1931-37 . -M&S 3.80 Phila S D 4 M s ’26-’43 J&J b 4-10 to 4 -20 % Canton— *5s Sew 1953 -M&S 4.40 3.80 3 Ms Refund’g i930 M&N 4s 1926-1942 J&J 98 99 M 4.50 4 *5Ms Fund 1925-37 -J&D b 4.15 % 4 *6s Water 1944-1959. A&O 4.50 b 4.15 to 4.25 % 4s 1926-1929 3.80 4s 1926 to 1927 M&N b 4.15 to 4.25 *4 Ms 1926-1930 A&O b 4.20 to 4.30 % 4s 1926 & 1927________ F&A b 3.90 to 4.10 % 4s 1926 to 1939________ J&J b 4.15 to 4.25 *4 Ms 1931-1950______A&O b 4.20 to 4.30 % •Canton S D 5s 1954.. A&G8 4.40 6s 1926-1930 M&N b 4% to 4.30 % 4 Ms ’26-’38 taxable M&N b 4.15 % 4 *5s Dec 10 ’26-’26 -J&D10 3 Ms Apr ’26 to ’30 A&O b 4.15 6s 1931-1960 M&N b 4.30 % % 4.40 *4Ms Dec 5 1939-42.. J&D b 4.15 to 4.30 % Pittsb S D 4Ms ’26-’27 J&J 6 4 15 to 4.25 % •4.40s 1956 ____________ 4.40 b 4.15 to 4 -25 % Cincinnati—• 4.20 *6s"Fund 1928 _______ A&O 4s 1926-1928 M&S b 4.15 to 4.25 % *6s Funding 1928 _ F&A _ 4 4.50 6s Bdge 1932-41 - A&O 4s 1926 and 1931 b 4.15 to 4.25 % 4.25 b 4.15 to 4.25 % b 4.15 to 4.40 % •5Ms Imp Feb '46, ’51 F&A 4.25 *4 Ms 1926-1957 A&O b 4.15 to 4.40 % 5s 1926-1950 F&A b 4.15 % 4.25 *5Ms Mar 10 ’31--.M & S10 4s 1926-1937 M&S b 4.15 to 4.25 % •5s July 1 1965________ J&J 4.20 4.40 *4 Ms 1944-1947 M&S 4s 1926-'30-’35 A&O b 4.15 to 4.25 *4Ms July 1943______ J&J 4.20 b 4.15 *5s 1926-1944 M&S b 4.15 to 4.40 % *4Ms Sewer 1955_____A&O 4.20 3 Ms 1926-1932 F&A b 4.15 1 Uniontown 4s '28 ex-tax M&N 64-15 to 4.25 % Market 1926-39______M&S b 4.20 to 4.45 % Wash’n Co 4 Ms '26-’34--M&S 6 4-15 to 4.25 %1 Zanesville S D 5s ’26-’43 A&O b 4.15 to 4.50 % 4s 1926-1933_________ M&N 64-15 to 4.25 % * 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. /F la t price, n Nominal. b 4% 54 B onds Bid. 4s 1926 to 1935_______ J&J A sk. To Net. b 4.15 to 4.25 % b 4.15 to 4.25 % b 4.15 to 4.25 % J&J 6 4.15 % J&J b 4.15 to 4.25 % b 4.15 York 4Ms 1926-1943 F&A b 4.15 % York Co 3Ms ’26-’3 2 ---M & N b 4.15 to 4.25 % 4Ms 1931-1940 4 Ms Impt 1940-1945 RHODE ISLAND 4fl Charlt Tnst, 1066 M *S 3 Ms gold S H 1934_____J&J Bristol— 3Ms g 1930 M&S Cent Falls 4s ’26-'30 F&A 1940 - .1* ’ M&N Ms J u n e l 1926-1958 4 Ms M ay 1926-42 M&N 4 Ms Mar 1926-35 M&S 4s gold 1927 F&A 4s M ay 15 1948 M&N 3 Us e~ High Sch 10.64. jAr.n 6 4 Ms School 1964 4s Water 1937 MftN M&N 4s Jan 1 1945 4s Oct 1 1954 4s July 1956 4s M ay 1962 4s Water 1962 4s Oct 1 1964 3 Us Sch & Rr 1Q9Q JX-.T A&O J&J M&N .T^T) A&O MXrN 6s 6s [Vol 121. STATE AND MUNICIPAL BONDS Fund 1926-1 QS6 Fund 1936-1061 MXrN MXrN 95 97 M 93 U 99 M 98 100 u 111M 99 99 99 96 87 99 U 97 m 96 * 99 96 95 M 95 W 95^ 95 95 96 zx 95 98 U 96 U 99"“ 105U 119' 99 97 U 105 93 94 M B onds. Bid. April 1926-1942 _ A&O b 4.25 to 4.30 % _ 5s March 1996-1060 M&S b 4.30 to 4.50 % 5s March 1933 M&S 4.50 5s School 1926-1945 J&D b 4.25 to 4.50 % 4 Ms Street 1935 _ J&J _ 4.40 4.40 4Ms High Sch 1940___ J&J 4.20 4.60 Polk Co 5s 1927-46 - - - J&D 4.60 4.50 4.50 4.45 4.40 5s School 1929 1939 1949 5 4.25 to 4.40 % TEXAS. Austin 5 s 1926-1942 J&J b 4.50 to 4.70 % 4.70 4.70 4M % R ef 1926-1946 J&J 4.60 4.50 5s 1926 & 1927 A&O b 4.40 to 4.60 % 5s 1928-1930 A&O b 4.40 to 4.60 % 5s 1931-1939 A&O b 4.40 to 4.60 % 5s 1940-1965 A&O b 4.40 to 4.60 % 5 Cisco 6 s Fund 1949-62 F&A5 5.25 4.90 Dallas— 5s 1931 ” J&D 4.30 4.30 5s 1926-1960 M&N b 4.25 to 4.35 % 4 Ms Sch 1926-1952 M&N b 4.25 to 4.35 % 4Ms 1928. 19.38, 1939, 1942. 1943, 19447 1945” J& j b 4.25 to 4.35 % 4Ms 1926-’30 M&N b 4.25 to 4.30 % 4Ms 1931-’45 M&N b 4.25 to 4.30 % 4 Ms 1946-’65 M&N b 4.25 to 4.30 % 4s School 1996-1951 .T& b 4.25 to 4.35 % .T 4.40 1954 opt 1924“ Apr 10 5s Fund 1951 opt ’31 M&S 5s School 1955 opt, ’35 .T& .T Fort Worth 5s 1951 5s 1929-1934 5s 1935-1959 4Ms Jan 1962 " ~ 4 Us Water 1Q46 5s SeDt 1 J&J .T rT X J&J T jfc.T 1939 4 Us 1926-1927 MXrN b 4.30 6 4.60 York Co 4 Ms Rd & Bdge ’26-’50-J&J b 4.35 SOTTTTI l lilfO X A TENNESSEE 4M s 1938-55 J&J 4s Ref 1996-55 T r.T X 4s 1932-53 J&J Blount Co 5s 1926, 1931, 1936. 1941 1951 .T& .T Chattanooga 4 Us 1937 --J& J 4 Ms Mav 1959 4 V$s Park 1Q42 M -"N X T M -T & sT 1Q2Q *34 *3Q M ArTtf 4V^s O F & Jail 1942 A&O T i^s Bdge & flrh 1947 A&O 4 5 Ms Fund 1050 M&S 4*/fs .Tilly 1 1Q36-43 5s River Term ’26-’48-A & 0 b 4.10 5s Audit M kt ’96-’4q .T& i 4.10 .T A&O .T&X) .T&T) 5s Lim debt 1932-1936 J&J 5s School 1926-1954 5s 1926-1956 M&S A&O 4 Ms Grad,&c,'49 op'29A&0 Bid. B onds. 4Ms Feb 1 9 5 3 -/ 5Ms Aug 1 1951 F&A 4Ms 1930-1940---J& J 4 Us 1941-1954......... ...J & J 6s July 1 _ J&J _ 1930 4Ms 1958 ............... ........J&J 4s 1926 to 1930 - --J& J 4s 1938 to 1943 - J&J 4s 1941 _ J&J _ 4s 1943 - ......... A sk. _ F&A _ .........J&J 4Ms Pub Bldg 1941. M&N 4 Ms Pub Bldg 1944. .M&N 4 Ms Apr 1952 _ A&O _ 5s W W 1929-58 M&S 5 4.55 4.90 4.90 4.90 4.90 4.90 4.90 To N et. 4.60 4.60 4.60 4.75 4.65 4.55 4.55 4.45 4.45 4.45 4.45 4.40 4.55 4.70 4.55 4.55 4.55 4.60 4.50 b 4.25 to 4.35 % 4.35 4.30 4.25 4.30 6 4.20 to 4.25 % 4.25 4-25 4.25 4.25 4.45 4.45 4.45 4.45 4.45 4.45 4.80 4.65 b 4.25 to 4.75 % W ASH INGTON 4.60 4.60 6 s Gen Fund 1926-1940--J&J 6 4.10 to 4.30 106 4.60 5Ms Feb 1 1931 F&A 105 4.60 4.60 4.40 4.50 4.75 4.75 KMa Water 1034-1938 M M " M&S 4.40 King Co— 3s 1998 5s Bd Apr 10 '51np’31 A&O 4.90 5 4.80 5Ms Road ’28-'99 A&fSin 5 5 4.60 4.55 4.80 4.60 4.60 5s Sew Nov 15 1939 M&N 4.40 4.50 5s Ref Oct 16 ’41np’31 A&O 4.40 5 b 4.45 to 4.65 % 5.25 4 Ms Sept 1926-1952 M&N b 4.45 to 4.65 % 4.60 4.50 4 Ms Oct 26 ’28 op '28 A&O 5 4.55 4.85 4.55 Port Arthur 5s 1996-56 M&S 4.75 4.75 4.60 b 4.75 to 4.85 % 4.60 5Ms W W 1926-’35 M&N b 4.75 to 4.85 % 5 Us W W 19.36-’65 M&NT b 4.75 % to 4.40 % 5s Sept 1926-1953 M&S b 4.75 to 4.85 % b 4.75 to 4.85 % 5s Sept 1931-1959 to 5 % 6 4.75 to 4.85 % 4.75 Waco— 5s Nov 1 1934 AT&N to 4.70 % 4.40 4.40 4.40 4.60 4.40 4.60 Wichita Fails 6 s 1950 M&N 5.25 4.50 4.90 5 Ms 1925-1940 M&N 4.50 5 5 s Feb 10 1960 F&A10 4.50 UNITED STATES— See pages 16 &48 4.50 UTAH. 4.60 5Ms April 1 1941 4.25 J&J 4.60 4.25 4.70 4.25 4.80 4 Ms Road 1939 “ J&J 4.25 4.80 4Ms July 1 1939 j& J 4.25 4.80 4.20 4.40 4.40 4.40 4.40 4M % 1926-1945 4.40 4.40 4.40 4.40 4 Ms Ref Wat 1933“ M&N 4.40 4.40 5s Ref 1926-1928_____M&S b 4.20 to 4.30 % 5s Refunding 1941_____J&J b 4.25 to 4.35 % 4.70 4Ms May 1 1934 M&N b 4.25 to 4.35 % ______ 4.40 4M s refunding 1934--M&N b 4.25 to 4.35 % 4s Ref 1926-1929 A&O b 4.15 to 4.25 % 4s R ef 1930-1935 A&O b 4.15 to 4.25 % 4.45 4s R ef 1936-1945-._ A&O b 4.15 to 4.25 % _ 4.50 4s R ef 1946-1965 A&O b 4-15 to 4.25 % 4-50 4.35 4.35 4 Ms Feb l'l9 3 2 F&A 4.80 4 Ms Aug 1 1933 F&A 4.35 4.80 4.40 4.51 VERMONT. 4.50 4Ms Oct 1 1926-1949 A&O 4.60 96 M 4.50 V IR G IN IA 4.50 4.40 4.40 4.45 3.90 1900 .......................J&J 4.45 3.90 4.45 4.65 4.45 4.45 5 Ms Sch Bldg ’32-’54-F&A 4.75 4.45 4.85 4.45 4.65 4.45 4.65 4.25 4.50 4.10 4.55 4Ms R ef Aug 1942___ F&A 4.50 4.55 4Ms July 1 1939-1950 J&J to 4.50 % 5s Wat Imp 1926-28---J&D b 4.25 to 4.50 % bo 4.50 % 4-65 Fairfax Co 4 Ms 1945- F&A2 4.40 4.55 4.40 4.85 4.40 4.25 4.40 4.35 4Ms Ref June 1 1927-.J&D 4.40 4.40 _ 4Ms Pub Impt 1939_ J&J 4.40 4.40 4Ms Pub Impt 1946_ J&J _ 4.40 4.40, 4.35 4.40 4s R ef Oct 1934_______ J& J 4M« Park 1947 "" .T&J 4M« Street 1Q47 M&S 4 Ms 1950 .T&J 4 Ms Park 105Q A&O 4s Water 19.93 M&N Memphis 8 D 4Ms 1959--J&J b Basis f Flat price, n Nominal. 4.15 4.15 4.40 4.45 4.40 4-35 4.70 5 To Net. 6s SOUTH CAROLINA 4 Ms Blue 1928 4s Refund 1959 opt; 19,99 A sk. % 5 4.75 5 5 5 5 4.50 4.75 5s Road 1 9 3 5 . _ __ F&A _ 4.50 6 4.65 to 4.80 % Lewis Co 5s 1926-32 M&S b 4.85 to 5% 4.85 Pierce Co 5s Sept 1 1928-37___ Sept 6 4.60 to 4.70 4s Re? 1926 opt 1916 M&S 4?75 4M 4 Ms .Tan 1998-1033 .T r.T X 4.80 Seattle— 3s 1926-1930 .T&J 4.50 6 s L & P Svs 1927-41 A.tO 5 5 Ms L & P 1929-43 M&N 5 4.50 4 Ms Sewer 1927 M&S 4.50 4.50 4Ms 1928-1932 A&O b 4.20 to 4.40 % 4.40 4Ms 1933-1940______A&O 4.40 4Ms 1941-1955_____ A&O 4s April 1 1929. A&O 4.35 4 Ms Mar ’26 to ’31 4s 1946-1950 M&S M&N 4.50 4.40 5 4.30 4.25 4.25 4.25 4.40 4.40 5 4.75 4.75 4.75 4.75 Spokane 5s Park 1927 --J& D 4 Ms Bridge Const 1931 .T&J 4Ms Park 1962______ -J&J 4 Ms Bridge 1926-36 --J& J *4Ms M ay 1 1931 * _ M&N 4 Ms Lt & Pow 1999 J.V ..T 3 Ms Jan 1 1939 J& j WEST V IR G IN IA 5s Highway 1927-1946---J&J b 4.20 to 4.25 % 3Ms Jan 1 1939._ J&J 92 M 94 M 4.10 4.50 4.55 Clarksbg S D 5s ’41 op ’21M&S 4.75 4.90 4.35 4.40 4.65 4.75 4.50 4Ms June 1 1933J&D 4.55 Wheeling 5s W W ’32-’52_J&J 4.30 4s Ref 1926 to 1936---J u ly b 4.10 to 4.25 % Road Dist ’46 opt ’32 M&N W ISCONSIN 4.10 4.15 Fond du Lac 4Ms ’26-’35-M ar b 4.05 to 4.15 % Green Bay 4Ms ’26-’33_ J&J b 4.05 to 4.15 % _ 6 s W W 1926-1935 - M&N 4.80 6 s W W 1936-1960 M&N 4.80 b 4.10 to 4.20 % 4.25 4.25 4.10 4.20 4.20 4.20 5s 1926-1939 - .............J&J 4.20 5s Jan 1926-1940____ J&J 4.20 5s July 1926-1940-J&J 4.20 4Ms 1926-1939........... J&J 4.20 4Ms Park 1926-1935 J&J 4.20 4 Ms Sew Mar 18 ’36-’4 5 --- 6 s 1926-1941 F&A b 4.10 Racine Co 6 s 1930-1940 J&J b 4.10 5 4.10 Wood Co— 5s ’28-’29-’31 A&O 6 4.10 5s 1934 . A&O 5s 1937 and 1938 A&O W YOM ING 5s 1928-1944 ______________ 6s Fund Mar 15 1952-M&S 4.20 b 4.10 to 4.15 % 4.05 to 4.20 % 4.20 to 4 .2 0 % to 4.20 % to 4.20 % 4.15 4.15 4.50 5 5 4.85 55 B N S A D T U T C MA I S A K N R S O P NE . 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, direct 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. CALIFORNIA— (Concluded) ALABAMA— National banks Sept. 28; State institutions Sept. 28. Capital. Surplus & Profits. Gross Deposits. P a r. Bid. Birmingham— Per * $ Amer Tr & Sav Bank 1.000.000 881,705 14,120,539 100 285 Birmlng'm Tr & Sav 1.000,000 1,100,311 18,784,635 100 300 Broth o f L Eng B & T 82,603 500.000 110 1,389,420 First National Bank- 1.500,000 3,568,431 36,346,685 100 500 Traders Nat B an k .. 166,458 3,702,066 100 200 250.000 Mobile— First National BankMerchants’ Bank_ _ People’s Bank______ Montgomery— Exchange Nat Bank. First National Bank. Fourth Nat Bank_ _ Alabama Bk & Tr Co Union Bank & Tr Co share. 300 325 115 550 225 Per share. 300.000 1,465,474 15,962,176 100 550 500.000 614,579 10.940,552 100 310 286.448 3,766,299 100 140 300.000 300.000 1,000.000 500.000 300.000 100.000 99,363 594,504 297,382 d67,566 143,655 560 340 145 Per share. 2,023,667 100 117 6,790.596 100 158 6,137,736 100 137 2,006,385 100 102 1,032,102 100 220 124 160 140 105 225 ARIZONA — N ational banks Sept. 28; State institutions Sept. 28. P h o e n ix Citizens State Bank. Commercial Nat B k. Nat Bank o f Arizona Phoenix Nat B an k .. Phoenix Sav Bk & Tr Valley Bank________ 100,000 150.000 200.000 200,000 100,000 750.000 <334 613,230 3,369 441,863 126,194 4,318.472 214,733 4,650,400 286,900 3,519,702 373,768 11.363,880 Per share. 100 100 100 100 Pine Bluff— Cotton Belt S & T Co Nat Bank e f Ark____ Merch & Plant Bank Peoples S B & T r C o . Simmons Nat Bank- 100,000 100,000 175.000 100.000 200.000 393,766 15,885,210 25 45.371 827,245 94,339 2,525,049 100 229.612 3,821,421 100 20,829 1,030,678 89,765 3,038,505 25 147,023 7,235,578 100 102,011 1,764,004 422,377 8,286,313 100 384,48^ 2,897,255 78.574 215-000 226,705 77,987 517,499 Per share. 1,056,393 25 160 2,700.000 100 275 2,686,297 25 225 772,278 25 145 6,920.757 100 265 Fresno— First National Bank. 200.00C 165 280 235 150 275 Los Angeles. Bank o f America____ Citizens’ Nat B an k.. Com ’INat Tr&SavBk Farmers & MerchNat First National Bank. California Bank____ Merchants’ Nat B k. Nat City Bk o f L A . . California Trust C o. Security Tr & Sav Bk Heilman Com T & S. Citizens Tr & Sav Bk Pacific National B k. Pacific-S’W T & S B . U S National B an k.. Union Bank & Trust. 1,500,00C 4.000.00C 1 ,0 0 0 ,0 0 c 2,000,00C 3,500,006 3,000,000 1,500,000 1.000,000 500.000 8,250,000 2,500,000 2,000.000 1,000,000 6,900,000 750,000 1,500,000 Oakland— Central Sav Bank_ _ Central Nat Bank_ _ New First Nat Bank. Farmers & Mer Sav. Oakland Bank______ 800,000 1,615,284 28,889,304 100 225 1,000,000 1,597,964 22,122,507 100 260 36,450 2,900,000 100 500,000 300,000 157,259 4,867,541 100 1.500,000 (2,869,404 54.706,397 100 240 Pasadena— Central Nat Bank— Citizens Savings Bk. Comm’l Bk o f Pasad First National Bank. Pasadena Nat Bank. Security Nat B an k.. First Trust & Sav Bk 2,909,339 247,034 16,931,696 2,269,366 45,042,778 842,097 19,007,253 2,539 J 19 46,010,757 4,339,811 86,970,824 1.780,174 72,094,234 1,794,655 44,572,648 246,717 10,626,936 (154,345 614,733,219 (6,632,829 209,739,578 (847,560 77,189,403 1,963,234 51,206,115 259,213 5,760,210 7,166,732 177,669,255 231,901 4,916,285 451,090 13,753,186 100 100 100 100 100 100 100 100 100 100 100 J00 100 100 100 100 100,000 300,000 100,000 400,000 100,000 300,000 800,000 (79,647 143,662 328,584 344.615 475 395 400 235 250 140 180 185 _____ 250 300 250 315,759 14,333,640 100 572,550 10,409,948 465,827 11,378.339 100 403,052 8,044,897 100 161,777 2,774,481 38 9 /3 0 7,640,771 100 SanBernaidino— American Nat Bank. California State B k . . San Bernardino^ Bk San Bern Co Sav B k. Per share. 359 230 440 383 282 280 154 48,532 1,761,824 2°5,718 3,444.156 12,083 346.303 212,314 4,471,745 41.553 1,349,909 123,895 3,020,606 100 404,546 10,177,659 Sacramento— California Nat Bank. 1,000,000 Capital Nat Bank— 500,000 California Tr & S Bk 450,000 Farm & Mech Bank350,000 Merchants Nat Bank 200,000 People’s Bank______ 800,000 100,000 100,000 100,000 150,000 1,737.618 1,155,575 1,827,868 2,916,845 San Diego— First National Bank. 1,000,000 1.018,324 14,957.349 First Trust & Sav Bk 500,000 232,109 4,483,913 San Diego Tr & S Bk 300,000 1,080,873 8,984,012 Secur Comm & S Bk. 250.000 96.582 2,293,023 Union National Bank 300,000 10 3/69 2,730,881 United States Nat Bk 100,000 34,904 1,890,307 University Ave Bank 125,000 41,633 1,449,480 Southern Trust & Commerce B an k .. 1,000,000 541,496 19,657,193 100 100 100 100 100 100 100 260 175 300 160 150 150 180 275 200 310 175 175 100 200 215 * Sale price, x Ex-dividend, h Includes trust funds. 1925. (June 30 1925. Q June 23 1925. 6 Trust assets. San Jose— Bank o f San Jose___ First National Bank. Growers Bank______ Security Sav B an k.. Security State Bank. Gross Deposits. P ar. Bid. A sk. Per share. % $ 2,244,314 61,481,460 100 170 175 3,874,089 99,042,078 100 197 8,927,559 97,769,534 100 237 10,928,882 355,490,171 100 454 200 250 455 e335,206 95,347 (1824,072 101,271 7,976,534 216,967 1,697,702 (822,465 4,098,263 1,477,569 678,533 227,535 279,458 200,536 241,781 17,986,173 2,833,060 6,528,849 3,284,056 44,155,728 2,136.487 24,836,305 18,568,274 99,413,934 25,554,339 20,269,525 18.554.698 8,796.679 2,427,046 4,083,888 100 100 100 318 100 218 1000 100 320 100 110 135 130 115 145 8,037,235 1,959,833 4,976,503 1,008,005 804,086 115,741,426 59,008,739 144,746,150 23,281,050 42,861,192 100 236 100 326 280 '*50 100 245 375 285 300.000 500.000 300.000 100,000 100.000 (457,789 787,584 46,782 316,856 316,339 4,936,578 7,455,776 1,385,027 2,841,493 1,765,442 339,509 598.090 (524,056 563,548 50,502 3,961,324 6,603,194 2,082,983 7,791,986 1,568,698 112 100 100 120 321 375 260 157 Per share. 100 100 80 100 CANADA— See last page. Per share. CALIFORNIA — N ational banks Sept. 28; State institutions Sept. 28. 58,786 $ San Francisco— Amer Bank of San FI1 5,000,000 Anglo London-Paris _ 5.000,000 National Bank_ Bank of Calif, N A . . 8,500,000 Bank of Italy_______ 17,500,000 Banca Popolare Fugazi--------- ----------- 1,057.000 Brit-American Bank. 1,000,000 Canadian Bk of Com 750,000 Canton Bank _____ 600.000 Crocker Nat B an k.. 2,000,000 Donohoe-Kelly B Co. 650.000 First National Bank. 3,000,000 FTench-Amer B an k.. 1,250,000 The San Fran Bank. 1,000,000 Humboldt Bank___ 1,200,000 Italian-Amer B an k.. 1,500,000 Liberty Bank 1,300,000 Mission Sav Bank_ _ 500,000 The Mission Bank. 200,000 Pacific Nat Bank_ _ 1,000,000 Wells Fargo Bank & Union Trust Co 9.000,000 Anglo-Calif Trust Co 1,500,000 Mercantile Trust C o. 5,500,000 First Federal Tr C o. 1,500,000 United Bank & Tr Co 4,500,000 Surplus & P rofits. Stockton— City Bank_________ 400,000 Comm’l & Sav Bank. 750,000 First National Bank. 200,000 Stockton S & L Bank 1.000,000 Union Safe Dep Bank 310,000 ARKANSAS— N ational banks Sept. 28: Slate institutions Sept. 28. Little Rock— Amer South Tr C o .. 1,000,000 Central Bank____ 200.000 England Nat Bank. _ 300.000 Exchange Nat Bank300.000 Federal Bk & Tr C o . 200.000 People’s Sav B an k.. 200,000 Bankers Trust C o_ _ 300.000 Exchange Trust C®._ 100.000 Union Trust C o_____ 500.000 W B Worthen C o_ _ 200.000 Capital. Ask. 200 COLORADO— National banks S^pt. 28; State Colorado Spgs.— Colorado Sav Bank. . 234,882 50,000 Colorado Spgs Nat B 100,000 112,245 Exchange Nat Bank300.000 254,943 First National Bank. 300.000 391,124 Colo Title & Tr Co 150.000 93,136 institutions Sept. 28. 2,099,274 2,045,840 5,341,306 6,232,484 2,002,130 Denver— American Nat Bank. 608,730 10,658,433 500.000 Broadway Nat Bank 53.258 200.000 2,835,425 Central Sav Bk & Tr 500.000 130,890 6,705,485 Colorado Nat Bank. 1,000,000 1,720,566 33,498,490 Denver Nat Bank_ _ 1,000,000 1,204,630 34,572,739 Drovers Nat B an k.. 200.000 47.609 1,203,857 First National Bank. 1.500.000 1,793,317 40,477,802 Pioneer State B an k.. 100,000 15,500 1,048,371 Stock Yards Nat Bk. 250.000 45,999 1,796,065 U S National B an k.. 550.000 1,242,054 20,409,305 Guardian Trust C o .. 240.000 21,712 916,178 International Tr C o. 500.000 1,575,395 15,761,452 Leadville— Carbonate Amer N B 100,000 26,169 1,558,959 Pueblo— First National Bank. 500.000 1,158,680 13,409,435 Minnequa. Bank___ 30,000 122,131 2,304,547 Western Nat B an k.. 100.000 153,915 1,847,268 Pueblo Sav & Tr C o. 100.000 262,767 4,629,152 100 100 100 100 100 Per share. Per share. 100 100 100 166 166 100 100 100 share. 100 CONNECTICUT— National banks Sept. 28; State institutions S p t. 30. Bridgeport— Per City National Bank- 1.000 000 1,341,138 11,104,646 100 225 230 First National Bank. 1,000 000 1,801,498 16,601,764 100 268 271 Bridgeport Trust C o. 1,000 000 788,689 11,272,328 100 185 190 Amer Bank & Tr C o. 200 000 181,872 5,215,307 100 180 185 Comm’l Bk & Tr C o. 300 000 99,980 1,573,469 100 130 140 North End Bk & T r. 100 000 79,596 957,790 100 125 West Side Bank_____ 100, 000 118,163 2,448,712 100 140 142 H a rtfo rd Per share. City Bank & Tr C o .. 942,019 18,476,725 100 650 800 000 Conn River Bkg C o. 778,326 - 4,451,600 150 000 30 200 Flrst National Bank. 1,150 000 1,429,971 8,822,941 100 240 Glastonbury Bk & Tr 100 000 85,795 1,028.162 Hartford-Aetna N B . 2,000, 000 3,850,265 15,876,280 100 333 Merchants Bk & T r. 100 000 47,645 612,053 100 Mutual Bk & Tr C o. 300 000 101,170 2,912,199 100 110 Phoenix Nat B an k .. 1,000 000 1,715,571 15,239,479 100 320 State Bank & Tr C o. 400 000 1,025,987 8,050,027 100 450 United States Sec Tr 2,000 000 1,931,987 11,614,016 100 415 Hartford-Conn Tr Co 2,000 000 3,134,226 20,429,821 100 525 Park Street Trust Co 100, 000 147,062 2,821,254 100 395 Riverside Trust C o .. 300, 000 548,765 2,644,915 100 430 Travelers Bk & Tr Co 100, 000 353,874 5,087,142 100 New Haven— Per share. Amer Bank & Tr C o. 100, 000 159,205 2,637,831 100 165 Bway Bk & Tr C o_ _ 300, 000 115,680 2,890,533 100 115M 116 H Citizens Bk & Tr C o. 130, 000 »9,931 555,435 100 105 First National Bank. 1,000, 000 1,475,270 16,479,680 100 225 Mechanics’ Bank___ 300, 000 1,088,941 17,011,104 60 235 Merchants Nat Bank 500, 000 518,443 50 82 8,053,688 83 New Haven Bk NBA 1,200, 000 2,208,194 7,853,732 100 220 Nat Tradesm Bk&Tr 500, 000 657,337 3,345,761 100 175 178 Second Nat Bank_ _ 750, 000 1,363,069 9,383,909 100 2?0 Un & N Haven Tr Co 650, 000 1,249,138 10,713,621 100 300 Norwich— Per share. Merchants’ Nat B k. 100, 000 82,128 544,315 100 100 110 Thames Nat Bank_. 1,000, 000 757,426 2,933,158 100 125 130 Uncas National Bank 100 000 72,113 721,636 100 100 105 Bankers Trust C o_ _ 100 000 34,938 781,345 125 125 130 c Includes First Federal Trust Co. stock, d April 6 1925. v June 30 1924. ^ o v . 12 56 BANKS AND TRUST COMPANIES IDAHO — National banks Sept. 28. CONNECTICUT— (C oncluded) Capital. W aterbury— Merchants Trust Co Waterbury Trust Oo. Surplus & Profits. Gross Deposits. S $ $ 000.000 465 600 10 268 098 500 000 529 885 4 344 750 000,000 1 244 508 7 436S30 400.000 4281760 4 ’,6891451 218,846 4,109.105 300,000 [V ol. 121. P a r. Bid. Per share. 1Q O 78 425 250 180 100 50 100 100 100 Capital. A sk. Boise C ity— $ 250,000 3001 000 300,000 Surplus & Profits. $ 264,787 375,304 125,961 Gross D eposits. Par. $ 4,180,485 100 6,786,874 100 3,114,753 100 Bid. A sk. Nom inal _____ DELAWARE — National banks Sent. 28: State institutions Sent 28. _ Central Nat Bank_ 237,545 2,123.430 210,000 Farmers’ Bank 500,000 1,388.254 14,343,393 Industrial Trust C o. 1,250,000 298,342 2,175,692 Nat Bk of Delaware 209,820 1,452,766 110,000 Union National Bank 203,175 884,130 3,855,752 Delaware Trust C o_. 400,081 6,848,791 900,000 Equitable Trust Co 1,000,000 61,670,000 4,693,101 Security T & S D Co 600,000 1,013,918 7,296,218 Wilmington Trust Co 2,000,000 1,490.872 13,277,391 100 50 50 100 25 100 100 100 50 126 125 60 200 115 110 285 285 128 shore 133 ' 130 62 210 125 120 295 295 133 D IST R IC T OF COLUMBIA— N at. banks Sent. 28: State institutions Sevt.2S W ashin gton— Per 98,806 1,277,371 200,000 Columbia Nat Bank. 422,401 250,000 3,410.281 100 320 400 Commercial Nat Bk 475,656 14,179,320 100 200 1,000,000 Bank of Comm & Sav 137,493 1,631,760 100,000 10 250 Departmental Bank 44,903 103,920 524,390 District Nat Bank. 542,228 7,661,628 100 205 550,000 Farm & Mech N a t .. 449,008 3,336,237 100 300 350 252,000 Fed’l Amer Nat Bank 1,200,000 991,160 10,970,377 100 350 365 Franklin Nat Bank. 119,439 4,689,193 100 225,000 Liberty Nat Bank_ _ 500,000 234,838 3,030,044 205 Lincoln Nat Bank . . 536,501 6,359,785 100 280 400,000 Merch Bk & Tr C o .. 1.000.000 373,533 6,293,001 143 M t Vernon Sav Bank 160,000 106,279 3,524,217 Nat Bank o f Wash’n 1,050,000 1,033,466 8,539,092 100 220 225 H 1,710.530 100 290 200,000 306,671 Nat Metropol Bank. 800,000 1,162,680 16,255,941 100 340 Riggs National Bank 2,500,000 1,739,933 33,596,454 100 414 420 Second Nat Bank_ _ 500,000 416,966 5,356,122 100 215 Secur Sav & Com Bk 200,000 269,788 4,864,082 100 365 425 Wash’ton, Wash.S Bk 100,000 655,252 28,467 260 Amer Secur & Tr C o. 3,400,000 3,201,001 28,507,229 100 386 390 Continental Trust Co 1,000,000 176,638 2,903,612 100 88 1,000,000 2,464.302 10,994 402 100 455 Munsey Trust C o_ 2,000,000 674,428 5,171,580 Union Trust C o_____ 2,000,000 931,036 6,460,765 100 220 230 United States Sav Bk 100,000 272.605 2,088 123 370 Wash Loan & Tr C o. 1,000,000 2,086,310 13,560,874 100 424 FLORIDA — N ational Jacksonville— Atlantic Nat Bank Barnett N B o f Jack. Citizens Bank _ _ Florida Nat Bank __ People’s Bank_____ Lakeland—First National Bank State Bk of Lakeland Miami— Bk o f Bav Biscayne Comm- Bk & Tr Co First National Bank First Tr & Sav Bank Miami Beach First National Bank . Miami Bk & Tr Co . Southern Bk & Tr Co Biscayne Trust Co _ Trust Co of Florida. O rlando— Bk o f Orange & Tr Co First Nat Bk in Orlan Orlando Bk & Tr Co St Bk o f Orl & Tr Co St. A u gu stin e— First National Bank People’s Bk for Sav. _ St Augustine Nat Bk St. P etersburg— Alexander Nat Bank American Bk & Tr Co Cent Nat Bk & Tr Co First National Bank. Tampa.— Citizens Bank & T r . . Bank of Commerce Exchange Nat Bank. First National Bank. First Sav & Trust Co Nat City Bk. Tampa W est Palm Beach The Citizens Bank. Comm- Bk & Tr Co Farmers Bk & Tr Co First Am Bk & Tr Co banks Sept 28; State institutions Sept. 28. 1,400.000 1,099,550 50,320,579 750,000 1,012,158 32,525,939 50,000 124,367 2,303,192 500,000 818,575 33,896,343 74,782 6,135,029 100,000 100,000 150,000 135,000 97,432 Per share. 100 100 <7165 100 3,200,000 2,756,477 1,000,000 899,174 57,713,440 200,000 152,320 14,570,490 600,000 1,105,589 63,089,867 100,000 153,410 4,029,813 100,000 200,000 100,000 150,000 200,000 89,253 6,379.880 482,895 31,994,662 40,000 16,103,694 154,482 2,305,582 394,187 31,757 200,000 100,000 100,000 100,000 77,235 85,997 122,974 137,555 2,636,013 3,094,995 4,824,211 6,592,849 130,000 25,000 50,000 108,458 77,957 68,840 3,883,187 1,421,548 2,884,963 200,000 200,000 300,000 300,000 51,270 2,216,439 367,464 5,476,625 477,342 7,992,016 672,610 10,249,377 1,000,000 1,207,049 26,797,605 56,505 3,526,880 200,000 747,401 18,094,060 500,000 1,200,000 1,003,569 23,579,003 184,396 1,888.088 500,000 284,964 6,107,817 500,000 100,000 100,000 100,000 300,000 100 100 100 1160 106,831 5,393,427 68,972 2,808,149 897,132 18,886,938 280,000 13,272,000 200,000 4,000,000 3,000,000 1,200,000 750,000 500,000 1,500,000 2,000,000 73,239 3,726,313 2,986,358 2,463,949 367,539 419,000 680,132 1,817,545 373,267 100 54,911,287 100 68,432,288 t 39,564,545 100 11,675.843 100 3,080,000 100 6,414,596 100 5,106,441 100 145,804 157,557 92,500 287,521 231,029 551,106 Atlas Exch Nat Bank Broadway Nat Bank Calumet Nat Bank. . Capital Statfi Sav Rk Central M fg Dist Bk Cont & Com Nat Bk Cosmopolitan St B k. Depositors State Bk Douglass Nat Bank. Drexel State B an k.. Drovers Nat B an k.. First Englewood 2,644,291 100 435 3,741,512 100 335 2 393,011 100 3 7 5 2,958,106 100 2 0 0 2,290,405 100 150 2,797,387 100 215 71,260 4,209,946 200,000 200,000 52,777 1,397,210 300,000 258,123 7,579.127 100,616 4,288,458 300,000 739,112 8,898.075 500,000 377,426 7,216,437 500,000 25,000,000 21,828,252 416,343,795 4J0,819 10,958,812 750,000 5,602,468 260,262 350,000 158,378 2,431,515 200,000 200,000 42,869 1,076,313 350,000 396,493 8,750,885 1.000,000 498,840 15,558,064 Per share. 245 106 155 Per share. 3,253.846 100 150 1,334,671 100 130 1.526,000 100 145 1,779,215 100 195 1,163,359 100 145 2,250,778 100 150 160 1321* 150 200 150 155 Per share. 98,306 1,463,641 100 99 200.000 3,000,000 2,986,358 68,432,288 X 245 500,000 660,827 13,440,855 100 198 150,000 219,891 2,647,222 100 200 50,000 100,000 610.000 100 265 100 250 200 210 300 3,000,000 2,986,358 68,432,288 100 245 250,000 145,600 2,185,000 100 110 300,000 575,985 4,597,512 100 175 700,000 794,358 5,898,156 100 300,000 98,041 1,373,440 100 100 250 115 180 165 105 Per share. 1,500,000 300.000 3,000,000 1,000,000 15,000,000 200,000 200,000 500,000 500,000 500,000 200,000 400,000 750,000 2,000,000 1,000.000 1,000,000 500,000 1,000,000 350,000 1,000,000 200,000 3,000,000 W Sidr Tr & Sav B k. 700,000 Woodlawn Tr & S Bk 500,000 Bank & Trust C o. Harris Tr & Sav Bk Home Bk & Tr Co . Illinois Merch Tr Co Keystone Tr & Sav. Kimbell Tr & S B . _ Lake Shore Tr & S B Lakeview Tr & S B Liberty Tr & Sav Bk Lincoln Tr & Sav Bk Mercantile Tr & Sav M id-City Tr & S B k. Northern Trust C o .. Northw’n Tr & S Bk Peoples’ Tr & Sav Bk Pullman Tr & Sav Bk Sheridan Tr Sav Bk South West Tr & Sav Standard Tr&Sav Bk Stockmen's Tr&S Bk 0 Book value, 225 3,465,397 254,545,452 6,868,507 68,927,665 3,305,901 5,778.33-' 2,831,342 3,668,564 2,457,119 3.811,310 5,348,454 4.’394.’3]2 3,966 586 17,270,470 5 473 850 7 795,198 5,932,774 4,871,017 3 242 1Q O 2,808*910 12,001 ,540 2 424 752 281 6680 2 635 794 84,779,697 3,464,525 88 188 191 6 939 064 8,277,127 9,338,882 1,280,362 1,506,092 24,778,773 346 762 67,470,559 698,250 9,066,894 36,821,369 391,842,426 71,447 1,900,000 157,319 4,112,336 271,713 6,627,174 825,503 11,730,746 246,709 10,379,795 206,590 3,416,363 264,462 9,883,714 354,752 13,422,733 5,365,421 58,615,159 921,506 18.S41.712 745,043 20.209,697 483,527 6,882,113 474,403 10.371,668 79,029 4,837,938 1,051,962 18,290,675 186,103 2,493,097 4,091,017 67,142,079 310,314 13,585,532 371,421 9,143,276 5 , 1 9 2 )1 4 8 s Ex-div. 190 160 103 inn 270 1 0 0 180 ion 400 1 0 0 310 inn 403 ion 185 1 0 0 180 410 100 100 100 100 105 235 200 135 245 210 100 100 100 100 100 100 165 568 415 412 170 190 425 100 100 100 100 1 no 100 235 205 225 900 260 100 204 100 175 106 407 210 190 200 200 ion 100 100 200 200 ion 3 7 5 100 135 100 100 193 131 100 125 100 135 100 220 100 175 100 173 100 165 100 180 100 220 100 92 100 100 100 100 100 300 250 270 390 215 5,000,000 11,450,957 97,803,927 100 570 997 7 703 245 100 365 250,000 200,000 1,512,495 100 116,795 250,000 75,655 3,253,008 ion 135 400,000 105,117 4,773,482 ion 155 6,250,000 11,448,741 118,970,237 1 0 0 1,000,000 927,507 11,694,037 1 0 0 300,000 • 572,552 5,144,398 1 0 0 240 305 260 340 140 235 165 450 350 400 200 Per share 3,904,268 inn 180 168.221 113,614 3,20-1,986 1 0 0 165 166 768 3,987,275 100 160 87,360 2,342,131 inn 125 293,027 5,879,855 1 0 0 225 170,102 11,708,677 1 0 0 180 1,000,000 580,634 15,664,695 100 260 400,000 215,882 3,696,009 100 160 500,000 203,624 8,808.735 100 230 750,000 388,242 9,167.488 100 200 200,000 233.013 4,580,893 100 270 Srhiff Tr & Sav Rank 400,000 250,941 5,942,120 100 275 200,000 96,797 2,528,575 100 155 2d N W State Bank 350,000 301,195 5,380,657 100 700,000 540,207 7,864,520 100 345 600,000 568,000 7,379,197 ion 290 750,000 328,864 10,391,112 100 220 200,000 119,016 3,228,892 100 143 State Bk of Chicago 2,500.000 6,863,372 54,758,338 100 590 1,350,000 69-1,785 14,551,458 10(1 280 Stock Yards Nat Bk 337,500 313,905 10,014,697 100 250,000 23,464 1,995,559 100 200,000 62,737 2,004,899 100 500,000 545,186 8,409 710 100 240 200,000 199.047 3,140,678 inn 210 United State B an k.. 300,000 119,352 2,595,347 100 142 Washington Pk N Bk 800,000 358,676 11,621,361 100 255 aSeptember 28. 1925. b N ov. 12 1925. c June 30 1925. d Dec. 31 1924. e Oct. 10 1924. stock. I Last sale. *Consolldation. 200.000 200,000 200,000 200,000 300,000 400,000 128,308 200,000 First National Bank. 12,500,000 19,169 588 200,000 682,359 First Nat Englewood 4,000,000 4,924.918 250,000 131,307 103,208 300,000 Garfield Park St S Bk 1,000,000 250,000 221,997 200,000 200,000 67,071 Hill State Bank . __ 200,000 106.962 Humboldt State B k. 364,956 300,000 Hyde Park State Bk IKS 220 189',181 2 0 0 )6 0 6 163,888 250,000 1,600,000 831,336 300 000 41 1 2 2 0 500,000 3 4 7 )5 3 7 201,320 250,000 500,000 222,234 400.000 82 422 89,457 2 6 6 !6 6 6 1 ,0 0 0 ,0 0 0 445,724 65 014 300,000 400,000 112 548 200,000 155,963 4,000,000 1,656,900 300,000 123,915 Nat Bk of Woodlawn 2,000,000 el t65S 206 6f^L000 437,169 200,000 202,066 1,000,000 399,725 200,000 49,590 Per share. 116 295 255 335 135 225 160 402,765 8,942,701 100 1,000,000 3,000,000 2,986,358 68,432,288 t 235 224,385 3,280,953 100 100 400,000 c95,697 1,500,000 100 140 100,000 250,000 300,000 100,000 200,000 200,000 500,000 C hicago— 311,000 100,000 252,962 100,000 299,803 100,000 251,589 300,000 200,000 c 294,515 221,050 200,000 500,000 c 321,499 4,173,378 300,000 190,197 5,371,196 Central Tr Co of 111. 6,000,000 4,621,430 -184,183,312 500,000 1,320,631 Chic City Bk & Tr Co 8,917,348 Chicago Trust Co _ 2.000,000 1,288,399 24,075,829 GEORGIA — National banks Sept. 28: Slate institutions Sept. 28American Sav Bank. Atl & Lowry Nat Bk. Citizens & South Bk Fourth Nat Bank_ _ Fulton Nat Bank_ _ Ga Sav Bk & Tr C o . _ Atlanta Trust C o_ _ Trust Co o f Georgia A ugusta— Georgia R R Bank Citizens & South B k. Nat Exchange Bank. Union Savings Bank. C olum bus— Col Sav Bk & Tr C o . Fourth Nat Bank_ _ Home Savings Bank. Merch & Mech Bank First Nat Bk o f C ol. Third National Bank M acon— Bibb National Bank. Citizens & Sou Bank Fourth Nat Bank_ _ Macon Nat Bank_ _ Macon Savings B k .. Savannah— Citizens’ & Sou Bank Exchange Bank. . . . Liberty Bk & Tr C o. Savannah Bk & TrCo Citizens’ Trust C o._ Aurora— Aurora Nat Bank_ _ First National Bank. American Nat Bank. Merchants Nat Bank Old Second Nat Bank Aurora Tr & Sav B k. 425 255 450 272 487 140 175 221 325 200 185 210 1 0 0 235 1 0 0 457 mo 325 1 0 0 260 1 0 0 250 1 0 0 240 1 0 0 200 1 0 0 208 1 0 0 175 1 0 0 370 1 0 0 245 1 0 0 255 210 270 140 200 140 130 140 177 100 270 300 285 455 150 310 276 400 220 140 100 100 100 100 100 100 100 100 100 100 100 ion 265 282 490 150 225 200 462 266 250 190 255 265 t Branch of Savannah, k New IOWA—(Concluded) ILLINOIS—(Concluded). Capital. E lgin—■ Surplus & Profits. $ $ 1 0 0 ,0 0 0 2 0 0 ,0 0 0 300,000 707,081 750,000 1,458,297 250,000 274,989 550,000 1,008,151 250.000 177,080 400,000 172,929 802,606 500,000 2 0 0 ,0 0 0 422,700 5,241,058 7,732,347 3,033,655 6,563,461 3,360,732 1,902,746 6,673,933 3,371,434 100 100 100 100 100 100 100 100 300,000 500,000 500,000 183,200 153,514 99,732 144,789 646,617 3,187.939 4,960,228 3,922,620 2,360,113 7,822,542 100 100 100 100 100 130 130 167 190 125.000 500,000 82,361 316.408 500,513 221,784 903,560 89,824 254,911 396,833 827,448 3,157,998 3,744,940 2,724,117 8,573,848 2,018,838 2,994,874 4,085,526 100 100 100 100 100 100 100 100 _____ l _____ l _____ l ......... 1 _____l _____ l _____ l ......... 1 500,000 300,000 600,000 500,000 500,000 242,055 140,231 307,228 577,661 374,024 6,022,928 4 273,888 6,989,478 7,636,222 5,019,505 100 100 100 100 100 1 0 0 ,0 0 0 Quincy— Springfield—■ Ridgely-Farm’s S B . First State Tr & Sav INDIANA— N ational 340 370 475 350 195 130 285 350 350 400 500 360 200 13234J 300 360 Per share. 2 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 Rockford— Commercial Nat B k. Forest City Nat Bk. M anuf’rs Nat Bank. Peoples Bk & Tr Co Rockford Nat Bank. Security Nat B an k.. Swedish-Am Nat Bk Third National Bank A sk. Per share. 2,514,195 1,919,721 150,000 Illinois State B an k .. Quincy-R N B & Tr State St Bk & Tr Co Mercantile Tr & S B State Sav L & Tr Co S 1 608 810 2t866t116 2 817 869 1.000 000 Bid. Par. 218 575 200,223 1 0 0 ,0 0 0 Central Nat B an k .. Commercial Nat Bk. Dime Sav & Tr C o .. First National Bank Home Sav & S ta te.. State Tr & Sav B k .. Merchants & 111 N B First Tr & Sav B k .. 88 887 179 886 814 716 70 000 Gross Deposits. 100 100 100 100 100 100 150,000 Peoria— 2 0 0 ,0 0 0 300,000 400,000 250,000 750.000 2 0 0 ,0 0 0 160 140 150 175 200 115 225 210 200 275 132J4 250 185 ) 1 Fort Wayne— First National Bank. Lincoln Nat Bank Old National Bank_. Oitizens’ Trust C o. Dime Savs & Tr Co Farmers Trust C o .. Lincoln Trust C o_ _ People’s Tr & Sav Co Tri-State L & Tr C o. 454,929 58,908 281,595 68.82C 42,925 286 748 237,144 198,531 91,968 8,127 Indianapolis— Continental Nat B k. Fletcher-Am Nat Bk Indiana Nat B an k .. Live stock Ex Bank Merchants’ Nat Bk. Meyer-Kiser B an k.. People’s State Bank Aetna Tr & Sav C o .. Bankers Trust C o . C ity Trust C o_____ Farmers Trust C o_ _ Fidelity Trust C o_ _ Fletcher Sav & Tr Indiana Trust C o_ _ State Sav & Tr Co Security Trust Co__ Union Trust C o___ Wash Bank & Tr C o. Wild & Co State B k. Terre Haute— First National Bank. McKeen Nat Bank. Terre Haute Nat Bk Citizens Trust C o .. Terre Haute T ru st.. United States Tr C o. Bankers Trust C o_. Cap City State Bah Central State Bank. Des Moines Nat Bk. Des Moines S B & Tr Home Savings Bank. Iowa Trust & Sav Bk Iowa National Bank. Mechanics’ Sav Bank People's Sav B an k .. University State Bk Valley Nat Bank____ Valley Sav B an k .. Central Trust C o. Iowa Loan & Tr Co 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 3,451/40 2,876,109 3,148,088 1,878,242 7,264,286 5,430,159 175 225 120 100 200 225 100 Per share. 220 225 275 310 280 320 210 220 140 140 185 330 330 106 152 259 160 305 _ 196 145 150 190 340 340 _ _ 269 t ------ Oed Rapids Nat Bk Oed Rap SBk&Tr Co Iowa State Sav B k .. Merchants’ Nat Bk. People’s Sav B an k .. Security Sav B an k.. Amer Tr & Sav B k._ 120 210 154 225 220 238 205 345 150 400 — t~~ N o minal prices 100 100 100 100 170 210 210 135 K ) 250 M 100 155 185 215 225 150 280 165 Council Bluffs— City National BankCommercial Nat B k. Coun Bluff Sav B k .. First National Bank State Savings Bank. 638,952 133,727 49,262 500.000 100.000 200,000 200,000 120,000 100,000 150.000 200.000 50,000 4,629,704 2,459,385 1,400,961 100 100 300 315 200 210 853.064 109,724 500,000 9.055,080 2,278,311 100 100 200 200 210 210 381,840 11,377,140 229.485 3,901,913 63,585 2,897,442 666,801 12.388.190 p 72,630 1 939.546 2 0 1 ,0 0 0 3,033,000 188,944 3,547,577 94,116 10 877 235,346 170,226 167,815 2.380,201 842.096 3.940.269 3,760,636 3,422,731 100 100 100 100 100 100 100 235 190 180 300 125 225 267 50,000 500,000 150.000 500,000 500,000 Consol Nat Bank_ _ First National Bank. Pioneer Tr & Sav Bk Union Tr & Sav Bank Iowa Trust & Sav Bk Sioux City— First National Bank. Live Stock Nat Bank Toy Nat Bank. Sioux Nat Bank____ Security Nat B an k.. Woodbury Co Sav Bk Farmers’ L & Tr Co First Trust & S B k. 500,000 2 0 0 ,0 0 0 150,000 150,000 300,000 1 ,0 0 0 ,0 0 0 2 0 0 ,0 0 0 2 0 0 .0 0 0 400,000 250,000 1 0 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 Surplus & Profits. Gross Deposits. Par. Bid. N o minal 340,657 130,660 345,377 454,555 ’ 229,466 97,000 44,300 1,004,832 ®38,423 304,661 13,960 301,161 el99,831 141,000 e512,296 $ 4,165,100 3,191,731 8,041.682 15.180,039 8.414.898 2,345,000 1,774,817 16,166,827 1,589,577 4,245,516 476,630 4,348,354 3,017,306 520,000 8,404,031 100 122,500 307,427 96,000 284,260 e234,671 5,057,846 4,416,558 1,250,000 3,344,542 2,728,946 100 100 100 100 100 257,430 10,583,432 133.314 3,962,028 128,421 4,323,763 156,242 4,612,302 316,062 4,789.559 3,316,469 210,241 274,637 3,898,798 1,102,680 26,940 100 100 100 100 100 100 100 100 A sk. 100 101) 100 100 100 100 100 100 100 10(1 100 100 100 prices Clos ed Per short _____ l 150 250 260 _____ l 175 225 200 175 2 0 0 Per 195 short 195 350 150 250 275 Per share. 100 Per share. 100 100 100 100 100 100 100 hanks Sept 28; State institutions Sept 28. Commercial Nat B k. Exchange State Bank Commerc’l State Bk People’s Nat Bank. Rlverview State Bk 300,000 2 0 0 ,0 0 0 1 0 0 .0 0 0 2 0 0 ,0 0 0 1 0 0 ,0 0 0 Topeka— 500.000 Central Nat Bank_ _ Farmers’ Nat BankFidelity Sav State Bk Kaw Valley Nat Bk. Merchants’ Nat Bk. Nat Bank o f Topeka . Shawnee State BankState Savings Bank Topeka State BankCentral Trust C o_ _ 1 0 0 .0 0 0 200 000 1 0 0 .0 0 0 2 0 0 .0 0 0 500,000 60,000 1 0 0 .0 0 0 /S 000 O 4 0 0 )0 0 0 Wichita,— Central State B k_ _ First National Bank. First Trust C o______ Fourth Nat Bank_ _ Merch State Bk____ State Reserve BankSouthwest Nat Bank Union Nat Bank___ Union Stock Yds Nat Wichita State Bank. 1 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 100 000 1 ,0 0 0 ,0 0 0 1 0 0 ,0 0 0 500,000 2 0 0 ,0 0 0 2 0 0 ,0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 KENTUCKY— National Covington— Lexington— Bank of Commerce Fayette Nat B an k.. First & City Nat Bk. Guaranty Bank & Tr Phoenix Nat Bk & Tr Second Nat B an k.. Union Bank & Tr Co Security Trust C o_ _ Louisville— Citizens’ Union N B . First National Bank Liberty Ins Bank_ _ Lincoln Bank & T r. Louisv Nat Bank. . Nat Bk of Kentucky. Stock Yards Bank_ _ Bankers Trust C o .. Fidelity & Colum Tr Louisville Trust Co per 275,941 68,495 112,635 75,244 175,000 7,222,525 2,580,000 1,406,937 2,683,096 2 ,0 0 0 ,0 0 0 100 100 100 100 100 168,835 11,612 16,186 30,537 136,678 302,179 124,989 50,000 51,834 160,552 5,276,534 1,154,659 1,610,484 612,621 4,012,963 7,353,777 1,064,503 2,095.725 1,442,968 1,982,085 short 100 100 9,735 868,291 1,073,989 16,132.753 576,613 1 1 8 ,6 1 0 373,947 11,355,526 90,000 1 . 1 0 0 .0 0 0 104,000 4,000,000 1,497.814 49,297 44,350 1,186,966 1 0 ,0 1 1 734,006 2,192,296 33,599 175 190 200 160 175 210 — 100 185 _ 166 100 100 100 100 100 100 100 100 100 100 100 100 125 290 150 175 125 115 125 150 275 100 90 100 125 225 110 banks Sept 28; State institutions Sept. 28. 200.00C 500,00C 350,00C 100.00C 1 0 0 ,0 0 0 300.000 300.00C 800,000 300,000 1 ,0 0 0 ,0 0 0 150,000 1 0 0 ,0 0 0 500,000 300,019 532,593 233.467 £149.788 0135,930 (7250,000 341.977 450.000 65 0 0 0 543.731 246 859 066,287 166,426 2,441,013 5.557,361 4,010.387 1,668,355 1,620.529 2.834,839 2.774.999 2.H30.890 2,952,310 3,991,524 1.219,120 1,836,319 2,134,743 Per 10C 190 185 128 Kill 175 1 0 0 115 10C 10(1 Per 100 100 10(1 10(1 100 100 100 100 2,047,711 25,642,248 1 0 0 0698,169 10,525,619 100 0904,071 16,564.868 100 2,073,667 1 0 0 0319,556 2 0 0 ,0 0 0 4,533,959 (too f/250,000\ '494,091 1100 WlOO.OOO/ 271.484 6,710,307 100 750,000 398,542 8,096,140 100 500.000 2,500,000 5,119,710 40,522,489 100 076,673 994,647 1 0 0 1 0 0 ,0 0 0 725,789 035,072 250.000 2 ,0 0 0 ,0 0 0 1,263,715 4,287-997 1 0 0 435,974 5,336,163 100 806,100 189,123 1,467,076 1 0 0 350.000 1 ,0 0 0 .0 0 0 500,000 500,000 Newport— 160 194 194 135 145 210 260 400 Per 382 505 500 275 shot 250 210 130 180 120 short 162 195 194)4 136 150 215 265 410 short 525 90 155M 205 341 345 182 2 0 0 118 215 213)4 215 150 Per American Nat Bank. Newport Nat Bank. . 1 0 0 ,0 0 0 1 0 0 ,0 0 0 LOUISIANA— National short banks Sept 28; Slate institutions Sept 28. 189,153 301,000 1,532,202 2 , 1 0 0 ,0 0 0 100 100 220 200 225 250 200 200 100 100 100 Davenport— Amer Com & Sav Bk 1 , 000,000 1,124,551 21,265,340 First National Bank. 411,429 5,083,442 400.000 Home Savings Bank. 66,939 50,000 1,171,174 Iowa National Bank 228,302 4,526,716 150.000 Scott Co Sav B an k .. 152,508 6,529,783 500.000 American Trust C o. 127,325 416,161 100.000 Union Dav T & S_ _ 874,659 12/64,414 800,000 Citizens’ Tr & S Bk. 150,000 97,579 1,368,926 6 1 0 0 ,0 0 0 1 0 0 ,0 0 0 1 ,2 0 0 .0 0 0 1 0 0 ,0 0 0 1 0 0 ,0 0 0 Citizens' Nat B an k.. First National Bank. Liberty Nat B an k.. Covington S B & Tr People’s S Bk & T r .. 110 125 State institutions Sept 8 . Burlington—■ 150,000 250,000 1 .0 0 0 ,0 0 0 400,000 Dubuque— Kent Tit B & T Co . Amer S Bk & Tr C o. Burlington Sav B k_. Farmers & Merch S B First Iowa State Tr Sav B k_______ Merchants’ Nat Bk. 1 ,0 0 0 ,0 0 0 Kansas City— 9,668,587 10(1 240 1,351,62C 10 C 170 6,557,476 10(1 2 0 0 1,888,659 10(1 115 1,474,685 10(1 1 0 0 7,545,454 10(1 2 0 0 4.692,652 10(1 180 2,870,894 Kill 2 0 0 1,178,’ 0C 100 240 396,142 1 0 0 95 526,767 12,860,106 418,23C 6,417,324 635,645 8,538,450 228,939 4,848,991 63,562 1,777.159 59,296 1,743,134 302,137 4,709,442 465,095 5,082,608 858,700 14,005,263 466,574 596,639 331,638 139,581 810,045 365,824 Des Moines— KANSAS— N ational Per share. 208,293 3,743,779 623,733 30,080.092 2,527,754 21,225,81'’ I , ’ 17,081 90,300 1,881,681 10.646,254 622,850 5,055,2’ 3 139,466 2,281,016 47,875 2,311/73 145,052 3,141,062 1,806,122 123,240 218,021 1.4?'\ 187 1,925,386 1 1 0 ,0 0 0 1,372,869 18,688,O S'* 1,206,230 8.937,5^0 173,288 1,976,120 277,182 3,935,7M 1,725,143 31,413,392 76,355 2,115,695 94.603 6,043,423 I I i i Capital. Per share. hanks Sept 28; State institutions Sept 28. Evansville— Citizens’ Nat Bank Lamasco Bank____ National City BankMercantile Com’l Bk North Side Bank_ _ Old Nat Bank_____ West Side Bank_ _ Am Tr & Sav Bank. Citizens Tr & S B k. Farmers Trust C o._ Cedar Rapids— 57 BANKS AND TRUST COMPANIES Dec., 1925.] New Orleans— American Bank & Tr 500,000 0324,353 6,141,190 Canal-Commercial Tr & Sav Bank_ __ _ 4,750,000 3,084,218 77,901,013 Int-State Tr & B C o. 750,000 1,623,518 13,873,980 New Orl Bk & Tr C o. 1 ,2 0 0 ,0 0 0 298,315 7,015.476 Marine Bk & Tr C o. 1,500,000 1,018,405 27,656,337 Whitney-Cent N B _ . 2,800,000 r3,957,548 57,062,859 Hibernia Bk & Tr Co 2 ,0 0 0 ,0 0 0 2,866,667 52,585,762 Whitney-Cent Tr & 1 ,0 0 0 ,0 0 0 r3,957,548 57,062,859 Shreveport— American Bk & T Co American Nat Bank City Sav Bk & Tr Co Commercial Nat B k. Exchange Nat Bank. First National Bank. Contin’l B & Tr C o .. 150,000 300.000 500,000 1 ,0 0 0 ,0 0 0 2 0 0 ,0 0 0 1 .0 0 0 .0 0 0 300,000 1.093.950 71,104 112,204 3 026,952 8,280,990 581,101 551,278 17,913,358 26.628 2,523,187 559,838 12,746,112 230,146 4,826,400 __ Per short 175 185 100 100 256 312 133 260 100 1(H ) 100 200 200 340 Per 155 150 320 230 K ) 90 M 1 0 0 320 1 0 0 225 100 100 100 100 140 short 160 160 325 235 100 325 235 ♦ S alep ri;e. a Includes one-half share of Kent Title S. B. & Tr. com. stock, x Ex-div. r Consolidated statement. (/June 30 1925- y Last sale. New stock, c Unified includes Citizens-Union Fid. & Col. Tr. t Includes trust deposits. k Oct. 31 1925. 1 Private banks, stocks closely held. eM ay 1 1925. i June 2 1925. i April 6 1925. 58 MASSACHUSETTS— (Concluded) MAINE — National banks Sept. 28: State institutions Sept. 28Capital. Surplus & Profits. Gross D eposits. Par. Bid. Bangor— First National Bank. Merchants’ Nat B k. Eastern Tr & Bkg Co Merrill Trust C o____ $ $ 400.000 462,708 6,667,936 100,000 287,051 2,347,310 175,000 r l ,108,119 7,124,974 500,000 527,344 11,344,269 100 100 280 100 100 280 P ortlan d — Canal Nat Bank____ Chapman Nat Bank. First National Bank. Portland Nat Bank. Fidelity Trust C o_ _ Casco-Mercantile Tr _ Forest City Tr C o_ Union S D & Tr C o .. U S Trust C o_______ 600,000 590,945 4,658.174 300,000 196,557 6,145,771 600,000 555,687 8,737,129 300,000 1,008,840 9,466,999 400,000 r993,343 14,582,080 500,000 505,970 13,352,203 150,000 44.128 1,414,040 250,000 400,787 828,375 200,000 r212,988 3,070,938 100 100 100 100 100 100 100 100 100 Per share 125 140 132 300 220 160 80 300 155 85 400 320 130 150 138 350 240 180 350 165 Per share 750,000 394,610 10,659.529 100 142 200,000 317,606 7,278-876 50 120 100,000 110 000 2,800.000 100 10 58 2,000,000 6,492,011 28,026,127 300.000 rl99,970 7,079,965 50 120 Citizens’ Nat B an k .. Commonw’lth Bank. Drov & Mechanics’ National Bank_ _ 600,000 Farm & Mer N Bank. 650,000 Mercantile Bank___ 100,000 Merchants Nat Bank 4,000,000 Nat Bank of Balt_ _ 1,500,000 Nat Cent Bk of Balt. 400,000 Nat Marine Bank_ _ 400,000 Nat Un Bank o f Md 1,000,000 Old Town Nat Bank. 800,000 500,000 100,000 Western Nat Bank . 750,000 Baltimore Trust C o. 3.500,000 Century Trust C o_ _ 500.000 Colonial Trust C o_ _ 300,000 Commerce Trust C o . 750,000 Continental Tr C o .. 1,350.000 Equitable Trust C o . 1.250,000 Fidelity Trust C o _ _ 1,000,000 Maryland Trust C o. 1,000,000 Mercantile Tr & Dep 1,500,000 Safe Dep & Trust Co 1,200,000 Security Storage & Tr 200,000 Title Guar & Tr Co 400.000 1,000,000 Frederick— Citizens' Nat B an k.. Comm’l State Bank. Farm & Mech N B k. Frederick Co Nat Bk Fr’k Town Sav Inst. Central Trust C o_ _ 100,000 160,000 125,000 150,000 150,000 275,000 1,132,485 447,608 r402,585 2,928,450 1,428,523 562,724 362,041 t -974,373 390,000 375,347 0123,863 856,598 4,100,992 a645,302 207,248 7-317,459 1,849,523 1.399,512 2,334.843 772,581 o3,850,122 4,161,479 250.363 605,569 1,448,755 764,682 o88,214 295,696 75,454 0233,789 0569,883 15,588.272 7,136,205 4,011,894 46,809,807 19,238,693 4,534,733 4,247,874 10,254,625 3,767,000 4,305,895 1,775,879 4,906,008 44,695,279 4,704,424 2,041,425 2,530,657 10,763.450 18,326,018 18,019,063 10,996,381 21,148,496 18,785,673 1,320,384 8,382,432 18,948,907 100 40 25 10 100 100 30 100 10 10 25 20 50 100 25 50 100 25 50 100 50 100 100 100 50 60 410 416 60 120 150 25 25 H 214 215 54 200 215 14^ 15 23 38 144 150 43 59 235 60 225 190 350 1010 625 300 200 40 145 60 245 205 6,083,996 100 900 40 62 2,622,521 25 75 3,186,000 2,013,860 15 21 H 3,008,677 100 200 7,349,819 50 175 Atlantic Nat B an k.. Brotherhood o f Loco Engin Nat B an k .. Citizens' Nat Bank. Comm Sec Nat Bank Federal Nat Bank_ _ First National Bank. Merchants’ Nat B k. Nat Rock Bk o f Rox Nat Shawmut Bank. Second Nat Bank_ _ Vveb & Atlas N B k._ American Trust C o .. Bk o f Comm & Tr Co Beacon Trust C o___ Boston S Dep & T r .. Charlestown Tr C o .. Columbia Trust C o .. Exchange Trust C o . . Jamaica Plain Trust. Liberty Trust C o_ _ Deposits of Nat. banks date N ov. 25 1925 1 0 0 ,0 0 0 100,000 614,596 448,228 842,143 25,790,772 6,230,338 2,780,646 8,191,728 4,325,321 1,486,985 2,889,444 175.674 1,896,752 3,845,603 28,647 117,626 1,045,498 64,241 793,864 02,676,797 8,373.000 6,303.000 27,195.000 288.885,000 55,197.000 17,442,000 162,336.000 36,626,000 12,009,000 24,643,580 5.001,585 c25,151,000 16,947,005 c3,288,184 c2,895,757 16,495,207 c4.060.792 cl2,370,768 2 t8 R 4 ’4ftfi 22,587,118 12,577,405 159,750,322 «?24 5 7 4 1T 09T 4 3Q2 3,185,799 1,459,197 3,101,940 59,642,162 1,267.053 18,277.892 104,333 2,477,445 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 310 265 425 110 125 175 105 333 245 268 282 175 185 315 105 Beverly— Beverly N at B an k .. Beverly Trust C o_ _ 300,000 100,000 397.296 53,072 Brockton— Brockton Nat Bank. Home Nat Bank___ Plymouth Co Tr C o. 600,000 500,000 200,000 650,869 7,968,920 100 200 518,139 8,521,333 100 165 M 125 97,806 c4,045,427 100 100 155 100 125 160 135 Per share Cambridge— 5 204 100 100 1.8 2 0 5 50.8 100 826!434 13,481,801 100 Per share i nn non .842 13Q 1 1 72 0 0 5 100,000 172,206 2,062,846 400,000 503,324 6,503,124 100 170 650,000 500,000 800,000 200,000 845,058 512,607 883,082 90,861 6,271,259 4,511,706 7,029,221 2,794,871 Fitchburg— Fitchburg Bk&Tr Co Safety Fund Nat Bk 500,000 500,000 591,013 641,616 4,813,382 100 160 6,845,776 100 165 Gloucester— Cape Ann Nat Bank. Gloucester Nat Bank Glouces S D T r C o .. 150,000 100,000 200,000 219,393 3,172,854 100 114,277 1,610,649 100 246,873 c4,976,055 100 500 non 400,000 East Cambridge Lechmere Nat Bank. Fall River— Fall River Nat Bank Massasoit-Pocasse National Bank_ _ Metacomet Nat B k. Din-fee Trust C o___ Fall River Trust____ Per share 100 k_____ 225 Per share 100 100 100 100 150 122 210 105 Par. Bid. A sk. Merrimack Nat Bank Haverhill Trust C o . - 100,000 200 000 200 000 240,000 200,000 H olyoke— City National Bank. Holyoke Nat Bank. . Park National Bank. Hadley Falls Tr C o_ 500,000 400,000 100,000 500,000 427,112 322,679 106,457 410,740 S $ 323,501 4,358,568 100 140 8,103,710 100 148 1,854,384 100 132 c9,555,161 100 165 165 Per share. Lawrence— Bay State Nat Bank. Arlington Trust C o .. Lawrence Trust C o .. Merchants’ Trust Co 600,000 200,000 200,000 300,000 292,494 4,866,730 100 221,326 7,280,352 100 349,352 cl0,290,148 100 195,000 c7,951,837 100 Lowell— Appleton Nat Bank. Old Lowell Nat Bank Union National Bank Wamesit Nat Bank. Lowell Trust C o. . . Middlesex Nat Bank 300,000 200,000 350,000 250,000 240,000 200,000 342,484 320,847 996,651 188,073 134,500 153,144 1,681,104 4,993,762 4,516,399 813,086 3.405,037 4,585,680 100 100 100 100 100 100 140 120 270 120 110 200,000 200,000 300,000 200,000 250,000 100,000 125,000 200,000 654,142 355.640 404,059 33,551 491,439 498,493 27,601 369,674 6,083,162 4,995,386 5,706,368 1,598,489 3,063,689 4,565,816 c l ,573,884 c8,405,388 100 100 1(M l 100 100 100 100 100 255 152 160 92 % 195 370 95 227 K L ynn— Central Nat Bank_ _ Manufac’rs Nat B k. National City Bank. State National Bank Lynn S Dep & Tr Co Sagamore Trust C o. Security Trust C o_ _ New Bedford— First National Bank 500,000 1,030,016 Merchants’ Nat B k. 1,000,000 2,059,248 Safe Deposit Nat Bk 500,000 865,711 190 145 145 190 195 150 150 200 Per share. 142 y? 125 295 125 115 150 Per share. Per share. 11,606,608 100 297 M 9.864.094 100 330 7,939,066 100 300 Per share. Peabody— Warren Nat Bank___ 200,000 255,355 2,689,619 100 120 120 Per share. Salem— Merchants Nat Bank Naumkeag Trust C o. Salem Trust Co_____ 200,000 250,000 200,000 Taunton— Per share 100 115 170 100 330 350 380 243 385 212 400 265 275 460 165 175 195 125 210 Gross Deposits. Per share. S 3,095,074 100 150 150 2f»8 Q70 3 f>00 fU7 100 771 non 3T4 037 100 0 -1 254,390 2,277,893 100 150 115 141,897 c3,667,710 100 Haverhill— Essex National Bank 200 000 300,000 Briston County T r_. 5,000,000 4,540,739 90.938,000 100 235 200,000 83,244 3,222,000 100 500,000 750,000 500,000 1,500,000 20,000,000 3.000.000 1.000.000 10,000,000 2,000,000 1,000,000 1,500,000 600,000 1,000,000 1,000,000 200,000 100,000 1,000,000 200,000 750,000 1 .000.000 1.000.000 Old Colony Trust Co 10,000,000 200,000 State Street Tr C o._ 3 ,0 0 0 ,0 0 0 U S Trust C o_______ 1 ,0 0 0 ,0 0 0 Surplus & Profits. 314,807 429,315 66,583 4,064,235 50 87 5,952.867 100 175 2,161,803 100 87 175 100 Springfield— Chapin Nat Bank___ 500,000 596,856 7,971,217 100 160 Chicopee Nat Bank. 500,000 1,013,251 10,780,531 100 240 Springfield Nat Bank 500,000 1,308,800 13,529,105 100 265 Third National Bank 1,000.000 2,063,661 17,920,273 10(1 320 Commercial Tr C o .. 195,150 3,724,678 1(H 130 ) 350.000 Springfield S D & Tr 500,000 1,651,649 10,073,876 100 400 Union Trust Co ._ 500,000 1,740,254 14,255,719 100 485 120 West Springfield T r. 132,883 2,079,096 — 150,000 MASSACHUSETTS— N at. banks (exci. Boston) Sept. 28: Stateinsts. Sept. 28 Boston— Capital. Ask. MARYLAND — N ational banks Sept 28: State institutions N ov. 3Baltim ore— Balt Comm’l B an k .. [V ol. 121. BANKS AND TRUST COMPANIES 155 Per share 165 170 160 fcl20 225 Worcester— Mechanics’ Nat B k . . Merchants’ Nat B k. Bancroft Trust C o .. Worcester Bk Tr C o. 214,912 1 550,211 100 4,327,610 100 120 120 Per share. 750,674 15,480,844 100 250 400,000 1,500,000 1,305,519 25,881,653 100 190 M 300.000 95,126 2,859,160 K ) 100 1.500,000 2,140,754 32,437,229 100 250 MICHIGAN— National Bay City— Bay City Bank------Bay County 8av B k. Farmers’ St Sav B k. First National Bank. People’s Commercial & Savings B an k .. Detroit— American State Bank Bank o f Detroit____ Central Savgs Bank. Commercial St S B k. Com'wealth Federal Savings Bank___ Detroit Savings Bank Dime Savings Bank. First National Bank. First State Bank___ Highland Pk StateBk Merchants' Nat B k. Mich St Bk o f D etr_. Nat Bk o f Commerce Peninsular State B k. People’s State Bank. United Savings Bank Wayne Co Ho SavBk American Trust C o. . Bankers Trust C o_ _ Detroit Trust C o___ Fidelity Trust C o_ _ Guaranty Trust C o . . Security Trust C o_ _ Union Trust C o_____ Per share. r902 355 200 105 banks Sept. 28: State institutions N ov. 2Per share. 350,000 400.000 100.000 400.000 293,194 280,725 85,000 425,397 4,525,638 6,234,925 1.500,000 6,053,097 100 170 100 100 150 100 200 400.000 741,575 10,057,983 100 225 300 2,000,000 2,000,000 1,000,000 1,000,000 750,000 1,500,000 1,500,000 5,000,000 2,500,000 1,000,000 2,000,000 250,000 2,000,000 2,500,000 5,000,000 1,000.000 4,000,000 1,000,000 500,000 2,000,000 500.000 300.000 1,000,000 2,000,000 829,184 c29,365,427 888.602 c45,236,664 907.737 c33,797,369 228,973 c7,297,508 333,433 2,713,636 3,279,876 6,303,000 894,268 1.572,170 1,825,955 78,934 3,061,313 2,028,154 11.165,038 286,529 8,551.373 111,583 544,044 5,491,550 382,798 338,962 2,209,925 1,648,498 Grand Rapids— Fourth Nat Bank_ _ 300,000 445,714 Grand Rap Nat Bank 1,000,000 633,117 Grand Rap Sav Bank 500,000 736,993 Home State Bk for S. 250,000 90,386 Kent State Bank____ 1,000,000 918.084 Old National B an k.. 800,000 1,227,215 Grand Rapids Tr C o. 300,000 318,445 cl3,121,920 c37,338,075 c57.994.693 104,260.311 cl9,695,683 c27,908,109 28.327,511 3,134.876 56,525,470 c44,283,551 C135662342 cl2.733.671 C106436.848 firl.530,464 9708,140 923,811,730 94,187,589 336.011 911,017,610 925,885,731 4,640,549 14,718,895 cl9,259.975 c3,963,919 c20,097,045 12,884,849 9386,712 Saginaw— Bank o f S agin a w _ _ 1,000,000 1,135,603 17,287,847 American State Bank 200,000 238,444 4,613,874 People’s Sav B a n k .. 136,279 c2,634,445 100,000 Second Nat Bank___ 1,250,000 1,682,340 12,444,022 MINNESOTA— National banks Sept. 28: State institutions Duluth— Amer Exch Nat Bank 2,000,000 1,447,223 13,735,736 Bank o f Comm & Sav 52,000 200,000 1,050,000 555,492 City National Bank. 5,392,229 500,000 Duluth Nat Bank . . 109,523 1,926,891 200,000 First National Bank. 2,000,000 2,385,806 19,135,174 Minnesota Nat Bank 161,957 3,707,953 600,000 Northern Nat Bank. 1,000,000 494,688 5,915,733 175 Per share. 100 100 KM ) 100 196 170 300 117 197 182 305 125 100 100 100 100 100 1(M ) 100 100 100 1(M ) 100 100 100 1(M ) 100 100 100 100 100 100 138 310 360 370 148 280 215 140 365 240 470 230 440 107 400 255 100 100 100 100 100 100 100 100 100 100 100 410 200 375 340 360 Per share. 240 150 280 165 220 240 210 160 220 Per share. 220 250 225 250 N ov. 2. 100 100 100 K ) M 100 Per share. 190 — 210 150 225 100 130 100 200 * Sale price, x Ex-dividend, k Last sale, g Includes trust deposits, o Sept. 28 1925. a Sept. 2 1925. c Includes savings deposits. (M ar. 31 1925. t Ex-rights, r June 30 1925. n Nominal. t Defalcation $70,000 1 Stock practically all held by Union Safe Deposit & Trust Co. d State Street Trust Co. paying 267 H per share for National Union Bank stock. D ec., 1925.] MINNESOTA (Concl .)— N a t i o n a l C a p ita l. Minneapolis— Bankers Nat B an k .. First National Bank. Hennepin Co Sav Bk Marquette Nat Bank Mercantile State B k. Merch & M frs St B k. Metropol Nat Bank Midland Nat B an k .. Minneapolis Trust Co Northwest Nat Bank Union State Bank . Marquette Trust C o. Minn Loan & Tr C o . b a n k s S e p t. S u r p lu s & P r o fits . 28; S ta te in s t it u t io n s N o v . 2 . G ross D e p o s its . P ar. S S 174,033 1,784,304 250,000 5,500.000 5,378,216 89,054,026 240,005 10,583,354 500.000 37,000 1,400,000 200.000 70,585 1,934,596 250,000 25,000 1,433,990 100,000 243,838 9,254,004 500,000 609,488 18,399,975 1,000,000 993,402 14,035,085 1,000,000 4,000,000 2,717,083 79,395,438 65.000 2,200,000 100,000 r62,884 1,706,862 200,000 1,000,000 1,751,052 16,777,014 100 100 100 100 100 100 100 100 100 100 100 100 100 243,947 10,574,747 400,000 121,120 2,679,589 50.000 3,842,051 57,339,146 3.000. 000 Merchants’ Nat Bk 2.000. 2,412,409 40,663,020 000 Nat Exchange Bank 156,020 5,647,790 300,000 St Paul State Bank _ 1,594,109 41,884 100,000 Payne Ave State B k. 44,748 1,131,814 120,000 Stock Yards Nat B k. 71,889 4,277,958 350,000 Twin Cities Nat B k . 48.545 863,902 200,000 500.000 r466,727 7,321,884 16,896 Central Trust C o .. 200.000 Northwestern Trust. 1,000,000 7-369,817 1.874.783 100 100 100 100 100 100 100 100 100 100 100 100 St. Paul— American Nat Bank. Commercial State Bk B id . P er 245 95 135 165 230 P er t -31,517 59,000 254,278 311,606 82,844 155,646 St. Joseph— American Nat Bank. Burnes Nat Bank. First National Bank. St Jos Stock Yds B k. Tootle-Lacy Nat Bk _ Bartlett Trust C o_ Buchanan Co Tr Co Empire Trust C o____ First Trust C o___ Missouri Vail Tr C oSt. Louis— Baden Bank_____ Boatmen’s Bank.. Bremen Bank_ . _ Cass Avenue B an k.. Cherokee Nat Bank. First National Bank Franklin Bank______ Grand Ave N at’l B k. Internat Bank St L _. Jefferson Bank_ _ Jeff-Gravois Bank Lafayette So Side Bk Lowell Bank_____ Manchester Bank_ _ Merch Laclede N at. . Nat Bank o f Comm National City Bank. Scruggs, Vandervoort Barney Bank_____ Sec N B S Trust C o. South’n Com & Sav. St Louis Nat Bank State National Bank Tower Grove Bank Twelfth St Nat Bank United States Bank. Water Tower Bank. . American Trust C o. . Broadway Sav Tr Co Chouteau Trust C o . . C ity Trust C o______ Easton-Taylor Tr Co Farm & M erch Tr Co Laclede Trust C o_ _ Liberty Cent Tr C o. Lindell Trust C o ___ Mercantile Trust C o. Miss Vail Trust C o .. Mound City Tr C o .. North St Louis Tr Co Northwest’n Tr C o .. Savings Trust C o_ _ South Side Trust C o. Webster Groves T r .. West St Louis Tr Co 250 250 105 175 142 180 240 200 200 sh a re. 225 90 90 85 100 100 230 100 120 110 115 110 75 90 25 25 983,777 400,000 100 105 2,725,041 100 165 1,841,949 100 250 2,764,170 100 210 2,242.398 100 225 MISSOURI— National banks Sept. 28; State institutions Kansas City— C ity Bank o f K C _ _ 100.00C 411,85C 8,285,63C Columbia Nat Bank500,00C 80,526 3,562,244 Liberty Nat Bank_ _ 500,001 207,304 6,362,62S Drovers' Nat B an k .. 1,000,001 9,631,162 179,800 First National Bank 1,000,001 3,488,938 47,147,725 Gate City Nat Bank200,001 101,243 3,984,376 500,001 1,012,736 11,160,765 Interstate Nat Bank. 100.00C Linwood State Bank 23,141 1,105,961 100.00C Main St State Bank 58,748 2,080,643 Merchants’ B an k .. 200.00C 106,125 3,491,549 Metropolitan Bank. . 100.00C 124,698 4,101,411 Missouri Sav Assn Bk 1 0 0 .ooc 150,000 4,213,139 Mutual Bank___ 100.00C 49,236 2,584,112 New Eng N Bk & Tr 1 ,0 0 0 ,ooc 633,751 14,124,384 lOO.OOC Produce Exch Bank. 127,521 2,176,337 Traders’ Nat B an k.. 200,O C O 146,802 5,485,841 300,O C O Stock Yards Nat B k. 182,469 4,194,651 Union State Bank_ _ 150,O C O 50,809 1,762,505 250,O C O Western Exch Bank. 168,222 2,743,200 lOO.OOC Westport Ave Bank. 78,244 1,601,416 Commerce Trust C o. 6,000,000 2,465,072 104,012,542 Pederal Trust C o_ _ 200,O C O 47,061 2,783,506 Fidelity Nat Bk & Tr 2,000,000 898,987 26,249,699 300,000 Home Trust C o . . 164,459 6,493,939 Mercantile Trust C o. 200,000 132,575 2,436,674 500,000 Peoples Trust C o_ 39,^87 5,821,386 267,500 Pioneer Trust C o _ _ 397,773 3,958,879 Fidelity Savs Tr C o . 250,000 269,213 5,267,441 Walton Trust C o___ 250,000 200,000 1,137,103 sh a re. 160 % P er 150.000 100,000 300,000 250,000 100,000 100,000 sh a re. sh a re. 25 165 250 210 240 7,785,057 4,177,066 5,955,785 .3,808,579 6,823,263 2,919,527 960,459 2,425,989 2,523,557 1,685,797 100 100 100 100 100 100 100 100 100 100 350 200,000 2,000,000 200,000 200.000 200,000 10,000,000 1,200.000 500,000 1,000,000 200,000 200,000 1,000,000 200,000 500,000 1,700,000 10,000,000 1,000,000 154,891 1,143,773 850,327 322,141 31,835 7,168,267 531,479 50,000 296,341 253,566 159,816 1,215,611 154,479 274,279 1,966,161 4,137,731 351,077 2,238,856 25,479,748 6,219,118 4,772,831 798,159 124,093,557 12,723,345 5,000,000 8,477,577 4,614,158 4,119,502 23,817,098 3,934,757 5,623,787 22,655,785 76,331,607 13,998,476 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 — 175 140 420 260 125 210 150 150 135 247 180 325 160 192 266 146 125 C a p ita l. S u r p lu s & P r o fits . G ross D e p o s its . $ $ $ P ar. B id . B utte— First National BankMiners S Bk & Tr Co Metals Bank & Tr Co 300.000 200.000 400.000 721,759 11,305,221 1,379,707 — 99,994 387,038 12,087,028 "166 Helena— American Nat Bank. Nat Bk o f Montana. Montana Tr & S B k. Union Bank & Tr Co 200.000 250.000 150.000 250.000 252,361 168,490 103,618 272,392 NEBRASKA— N a t i o n a l L in coln —Central Nat Bank . City National Bank. First National Bank. Nat Bk of Commerce Lincoln State Nat Bk Omaha— First National Bank Live Stock Nat Bank Merchants' Nat Bk Omaha Nat Bank Packers Nat Bank Peters Nat Bank Stock Yards Nat Bk. State Bank . _ U S National Bank . Union State Bank_ _ b a n k s S ep t. 28. 200,000 500.000 525.000 300.000 200.000 171,099 129,422 628,011 327,707 44,339 3,743,467 3,221,174 1.760,909 2,816,691 3,469,114 3,362,079 9,919,845 4,943,216 2,644,906 P er A sk. sh a re. — 100 100 100 100 S ta te i n s t i t u t i o n s S e p t . 100 100 100 100 100 1,250,000 1,137,189 21,923,039 100 60,907 4,629,089 100 650,000 714,955 11,802,313 100 1,000,000 1,000,000 1.118,386 26,218,684 100 217,748 4,515,678 100 200,000 109.081 2.317,130 100 200,000 692.530 9,916,745 100 750,000 169,048 6,277.319 100 300,000 793,670 18,508,852 100 1,100,000 61,226 1,942,978 100 200,000 28. P er sh a re. 12 00 135 200 140 250 175 130 150 180 190 90 215 100 300 200 150 175 200 210 110 NEW HAMPSHIRE— N a t i o n a l b a n k s S e p t . 28; S t a t e i n s t i t u t i o n s N o v . 2. M anchester— Per share . Amoskeag Nat Bank 697,770 3,970,829 100 300 200,000 267,595 First National Bank. 1,882,424 100 200 150,000 Manchester Nat Bk 389,800 2,270.106 100 250 150,000 Merchants Nat Bank — 150,000 67,886 2,226,762 100 150 98 145 Portsmouth— First National Bank. Nat Mech & Trad Bk New Hamp Nat B k. 150.000 100.000 100.000 107,898 44,637 138,172 2,062,477 918,638 1,337,957 700 210 375 NEW JERSEY— N ational banks Sept. 28; State institutions Sept. 28. 210 180 120 153 325 225 250 160 210 200 202 115 169 176 266 1200 Asbury Park— Asbury Park Tr C o. Seacoast Trust C o. Atlantic City— Equitable Trust Co Marine Trust C o___ Bayonne— Bayonne Trust C o. Bridgeton— 175 200 200 110 150 175 175 350 115 160 200 200 Cumberland Tr C o. Camden— 142 East End Trust C o. 275 130 235 Security Trust C o_. 145 East Orange— Ampere Bank____ 190 170 14634 130 Essex County Tr C o. E lizabeth— 400,O C O 100.000 150,O C O 175,000 685,069 90,577 197,016 394,293 100 100 100 160 7,284,175 2,419,024 ___ 3,564.838 5,441,446 120 250 170 200 190 Per share. 200,000 1,040,880 783,646 400,000 593,165 200,000 224,727 250,000 235,436 100,000 414,435 200,000 573,750 300.000 100,000 rl50,048 106,087 100,000 761,174 600,000 355,984 200,000 468,094 200,000 9,802,932 2,201,537 7,104,638 5,345,470 2,442,082 2,903,860 6,714,15?' 2,726,619 2,071,813 7,277,267 4,671,657 5,153,946 100 100 100 500 300,000 500,000 473,684 546,538 7,489,497 9,291,122 100 215 50 125 100.000 150,000 150,000 150,000 308,059 595,482 185,724 225,162 2,156,000 2,732,583 1,421,598 1,661,139 100 100 100 100 410 550 226 310 585,704 100,000 5,861,760 1,000,000 1,416,674 18,454,865 500,000 1,394,683 12,598,491 406,415 250,000 4,908,125 540.000 3,410,000 100,000 100,000 120,274 2,301,439 215,692 4.122,044 200,000 338,254 2 0 0 ,0 0 0 2,877,695 458,501 4,897,764 100,000 611,158 4,795,931 200,000 100 100 25 100 25 100 100 100 100 100 *400 *318 *122}^ *252 *106 *200 *250 *250 *500 *425 100 100 lot *350 100 263 100 550 310 Per share. 62,842 100,000 1,098,196 100 250,000 [>165,245 3,568,763 100 195 614,580 17,171,040 1(H 280 ) 750,000 464,431 500,000 8,388,656 100 350 467,496 250,000 5,531,370 100 50 700,000 1,070,566 10,571,666 200,000 157,055 3.191,000 100 87,521 200,000 2,330,534 100 500,000 334,277 5,428,036 100 400,000 729,025 11,422,029 100 Peoples Nat Bank. Central Home Tr < _ _ 200,000 96,832 2,350.500 100 113 114 Elizabeth Trust C o .. 250,000 159,788 5,528,469 100 155 200,000 110,498 3,643,775 100 175 185 200,000 r46.338 2,241,974 100 110 115 Hoboken— 2,000,000 1,164,754 19,242,286 100 160 First National Bank. 500,000 1,139,538 13,140.015 400,000 187,261 7,466,648 100 210 Second Nat B an k.. 211,984 6,348,193 700,000 300,000 44,656 1,627,449 ___ 125 135 Columbia Trust C o. 100,000 104,881 1,801,954 1,000,000 100 130 135 575,877 7,806,473 Hoboken Trust C o. 200,000 315,225 4,914,330 200,000 100,000 1,450,000 100 140 150 Hudson Trust C o .. 1,000,000 2,500,000 32,000,000 1,000,000 604,636 12,565,489 100 165 Jefferson Trust C o. 400,000 329,046 7,362,626 200,000 93,991 2,379,238 100 125 135 Steneck Trust C o .. 600,000 591,784 10,542,486 200,000 107,083 1,803,457 100 150 200,000 100 100 110 92,957 1,947,780 Jersey City— 200,000 61,870 1,746,440 100 135 155 Bergen Nat Bank_ _ 80,952 1,971,159 250,000 400,000 248,716 5,695,508 100 200 Claremont Bank___ 200,000 '414,445 9,088.874 200,000 118,810 2,021,794 100 140 150 First National Bank- 1,000,000 1,677,040 17,667,742 3,000,000 699,943 32,044,034 100 101 104 Franklin Nat Bank. 200.000 82,205 1,696,489 200,000 47,388 1,115,903 Merchants’ Nat B k. 250,000 213,228 5,064,985 3,000,000 7,832,852 59,386,270 100 405 Commercial Tr N J . . 2,000,000 2,093,549 44,602,000 3,000,000 4,368,574 35,407,369 100 264 266 Greenv Bk & Tr C o. 200,000 392,020 7,008,330 200,000 r58,000 2,500,000 100 135 140 _ Lincoln Trust C o_ 600,000 619,308 6,000,242 200,000 86,1,31 2,876,959 100 140 Mercantile Trust C o. 200,000 290,000 9,578,383 500,000 853,771 8,682,771 100 180 190 N J T Guar & Tr C o. 1,300,000 1,449,791 23,108,788 200,000 112,108 3,212,016 100 175 Trust Co of N J ___ 2.500,000 2,585,794 51,297,315 200,000 121,637 2,902,468 100 180 Un Tr & Hud Co N B 190 750,000 1,433,306 20,306,333 100,000 82,823 180 West Bergen Tr C o_. 170 1,248,377 200,000 78,213 1,485,539 200,000 136,183 3,079,715 100 150 160 * Sale price, c Nominal quotations, k New stock, x Ex-dividend, v Capital to be increased, n Including Fidelity Sav. & sate, r June 30 1925. s Guaranty Fund, a Includes Minn. L. & Tr. stock, b Includes Minneapolis Trust Co. t Includes M erch. t D o no commercial banking, d Mar. 31 1925. e April 6 1925. 0 Sept. 1 1925. 28. 3,329,570 3,442,416 4,634,152 3,794,717 Per share. 400,403 176,097 509,802 165,040 240,265 227,322 10,938 214,945 164,173 108,096 S ta te in s t it u t io n s S e p t. 50,000 321,857 330,953 269,427 200 200,000 200,000 500,000 350,000 200,000 100,000 100,000 200,000 100,000 100,000 28. 5200,000 100,000 200,000 150,000 Per share 450 95 135 130 650 200 350 125 135 200 170 700 110 150 300 200 225 150 200 190 198 100 165 170 350 150 258 b a n k s S ep t. Nashua— Old Guar Sav Bank. Indian Head Nat Bk Nashua Trust C o _ _ Second Nat ofNashua Sept. 28. 10C 10C 10C 10C 10(1 10(1 10(1 10(1 101! 100 100 100 100 10(1 100 100 100 low 100 100 10(1 100 100 100 100 100 100 100 100 MONTANA.— N a t i o n a l A sk. 150 400 MISSISSIPPI— N a t i o n a l b a n k s S e p t . 28; S l a t e i n s t i t u t i o n s S p t . 28Jackson— P er 200,000 317,914 4,289,459 100 50,000 70,638 1.233,627 344,205 2.836,221 100 200,000 200,000 119,720 3,435,095 566,043 7,683,622 250,000 Vicksburg— Amer Bank & Tr C o. Citizens’ Nat Bank First National Bank. Merchants’ Nat B k. Nat City S B & Tr Co Nat Peop S Bk & T r. 59 BANKS AND TRUST COMPANIES Per share. 300 145 185 150 200 420 Per share. 25 100 1(H ) 100 100 100 100 9534 150 200 170 250 300 420 200 225 250 100 100 1(M ) K ) M 100 100 KM ) 100 100 100 100 100 100 175 250 215 135 245 380 300 210 400 380 375 375 140 Per share. 225 230 T r. stock. I Last Tr. & Sav. Bank. 60 [V ol. 121. BANKS AND TBUST COMPANIES NEW YORK— (Continued). NEW JERSEY— (C oncluded) C a p ita l. Long Branch— S u r p lu s P r o fits & o S 100,00' ) 150,00( o 200,001 1 373,676 214,485 200,00i i 122,157 150.001 i 600,00( 1,049,371 $ 240,001 ' 187,55" G ross D ep o sits . Par $ 2,450,00( 2,429,31( 10Ci 325 5C 200 5,013,49' 5,289,54 1,750,54< 8,733,591 10C 5C IO C 10C P er Morristown— Mt. H o ll y 100,O C O 100,O C O 200,O C O 100,000 Farmers’ Trust Col 88,822 216,386 133,29C 179,324 B id . P er 1240 (100 (140 (275 P er 773,17! 1,387.08C 1.053.44C 709,00/ 25 38 5( 135 10( 120 100 135 Newark—• C i t N B k & T r C o ... i 500,000 1,095,436 15,598,126 100 550,196 8,235,72' 10( 200, O C O 118,763 200, O C O C 1,232,336 IO 159,331 600, O C O 1,622,70' 10C 1,350,O C 2,061,854 14,572,182 10C O 223,517 2,331,492 100 200,000 425 425 160 220 320 190 C a p ita l. A sk. sh a re 220 sh a re. sh a re. 40 150 125 150 B u ffa lo Liberty Bank_______ Manuf'rs & Trad Nat People’s Bank______ Com-So Side N B k._ Buffalo Trust C o____ Fidelity Trust C o_ _ Marine Trust C o_ _ Elmira— Merchants’ Nat B k. Second Nat B an k .. Chemung Can T Co s 2.500.000 2,000,000 1,000,000 550,000 2.500.000 1,000,000 11,250,000 4,172,662 2,711,852 1,167.735 431,334 3,482,175 1,943,231 13,355,072 G ross D ep o s its . P ar. Bid. P er 53,230,170 53,624,419 25 598,859 11,609,081 55,854,318 30,291,213 141,680,375 100 100 100 100 100 100 100 335 400 270 240 440 400 335 P er 250.000 400.000 600.000 253,582 914,874 958,674 D e p o s its N N o v 28 1925. 14 19 and N ov tru st c o m p a n ie s “ R a i Iw a y a n d 1 ew Y o rk C i S u r p lu s a n ’25 f o r S ta t in N e w Y o n d u s tria l" $ New York City— a r e o f d a te fo r N a tio n a l o f banks and fo u n d in o u r S u r p l u s &. P r o fits . $ 3,150,691 100 225 8,185.544 100 305 8,871,829 100 275 ty b a n k s a r e r e p o d p r o fits a re o f da e b an k s. A d iv i rk C ity a n d B roo S e c t i o n , p a g e244 rted n e te S ep t, d en d r k ly n m P er A sk. share 450 370 shart and 2 8 ’25 ec o rd ay be share 151,278 Amalg Bank of N Y . 200,000 100 475 485 AmerEx-Pac Nat Bk 7.500.000 12,625,380 429,509 100 205 220 Amer Union B an k.. 1.200.000 i 10C 335 _____ Bank of America___ 6.500.000 5,223,884 Banking C o. ior 488.199 . 2,500,000 1,630,707 32,634,935 100 280 Bank of Europe ___ 450.000 50 225 230 £ 500.000 1,057,126 6,228,152 100 375 Bank of Manhat C o. 10,000,000 14,732,900 2,683,238 976,368 12,162,245 109 450 10C 285 295 c 400, O C O Bank of U S __ 4.000. 000 City Trust C o_____ 408,656 4,778,671 100 330 604,380 300,O C O Bank of Wash Hgts. 100 725 200.000 Clinton Trust C o__ 465.188 7,692,076 100 315 783,788 Berardini State Bank 400,000 150.000 Federal Trust Co. 928.200 100 850 950 2,500,000 1,851,032 23 339,292 100 410 Bowery Nat Bank . . 250.000 10(1 245 205,234 o 5,250,000 5,209,189 76,248,383 100 525 Broadway Cent Bank 300.000 100 675 727,172 779,117 13,832,704 100 500 500,000 Bronx Borough Bank 150.000 100 350 450 252.000 122.369 2,298,251 100 160 200,000 Bronx National Bank 300.000 213,389 100 210 230 107,800 2,140,510 100 300 Bryant Park B an k.. 200,000 200.000 So Side N B & T Co! 056,000 100 215 225 Capitol Nat Bank 200.000 2.000. 000 890.000 415,000 100 150 Springf] 100 563 568 427,755 7,593,437 100 400 Chase National Bank 20,000,000 29,008,050 a 200.000 Vailsbu Trust C o. 'ailsburg 90,797 Cent Mercantile B k. 1.500.000 1,105,009 100 330 200,000 1,765,874 100 210 3 300.000 421,851 Chatham Phenix Nat 3,714,821 100 320 100 358 363 178,109 2,238,323 100 300 Bk & Tr C o ______ 13,500,000 13,231,500 200,000 722,764 100 215 225 Chelsea Exch Bank. . 1.500.000 785,673 8,343,189 100 475 600,000 100 710 725 Chemical Nat Bank. 4,500,000l17,597,100 New Brunswick 100 345 355 Coal & Iron Nat Bk 1,500,000 1.755,003 P er sh a re Cits Nat Bk o f N Br. 100 550 050,000 Colonial Bank______ 1.200.000 2,787,800 250,000 1,246,714 100 125 Nat Bank o f N J ___ 100 355 370 600.000 1,089,659 500,000 1,003,631 12,808,754 100 325 350 Commonwealth Bank 100 250 ---------------- ---------------- ---------------000 1,161,388 297,387 3,795,505 100 290 300 Continental Bank___ 1.000. 200,000 100 000 14,558,000 204.424,000 570 580 121,000 2,200,000 100 175 Corn Exchange Bank 10.000. 100,000 195 400.000 226,844 <18,887.671 100 190 396,738 5,187,486 100 270 Cosmopolitan Bank300,000 Eastern Exch Bank100.000 28,450 d l,341,582 dson— East River Nat Bank 2.500.000 2,375,200 43,992,000 "lo o '355"" 370 Federation Bk of N Y 750.000 842,724 <111,484,828 o f Union. 065,998 3,728,014 100 160 Fifth Avenue B an k.. 500.000 2,905,364 25,288,000 100 2350 150,000 100 First National Bank. 10.000. 000 71,199,679 222,732,000 2950 3000 100,000 0149,721 3,967,428 100 160 800.000 483,371 <*4,877,214 160 170 600,000 0629,160 7,621,753 100 300 100 1.000. 000 1,766,100 19,129,000 380 100,000 0135,409 3,992,625 100 350 Weehawken Tr Co 100.000 106,600 e l,114,600 600,000 0200,000 8,639,737 100 175 Highland Trust C o. 100 1.000. 000 1,798,200 10,462,000 270 300,000 0191,962 4,832,712 100 240 100 1.000. 000 2,594,680 24,689,000 425 Passaic— 1.000. 000350,000 <*9,378,000 100 218 225 P e r sh a re 100 125,907 5.000. 000 25,443,000 110,082,000 1100 1120 100,000 1,897,899 100 240 100 1.000. 000 1,326,500 <*39,540,500 480 490 1,500.000 2,091,996 22,994,385 100 225 City Trust C o. 257,832 4,213,134 100 250.000 208,391 <13,547 414 200.000 ... ) 250.000 80,400 <*1,185,600 ___ 343,226 3,854,754 100 450 300.000 972,476 9,110,413 100 375 400 1.500.000 662,900 <*7,901,400 400.000 3 _ 200.000 102,088 <14,853,153 _ 260,000 1,500,000 100 400,000 180 200.000 47,177 <12,303,606 Paterson—■ 100 10.000. 000 17,380,479 183,668,000 418 425 P er sh a re First National Bank. 500.000 764,600 e l5,706,6001 1 0 c 465 813,394 8,301,216 100 415 600,000 Paterson Nat Bank. . 1.200,000 1,118,580 14,835,058 100 280 290 ) 1.000. 000603,700 <*8,025,600 10< 175 185 Second Nat B a n k ... 1 999,992 12,166,076 50 225 1.000. 000863,400 <*9,204.100 25 170 180 750,000 Nat Bank o f A m er.. 1 1 0C 25.000. 000 40,021,600 327,280,000 365 370 332,129 3,709,408 100 200 500,000 205 Paterson Sav In s t.. 1 10C 50.000. 000 63,149,175 726,665,000 585 595 1,000.000 1,621,300 23,854.500 25 145 160 Citizens’ Trust Co 10C 10.000. 000 24,375,400 137,807,000 505 515 714,699 9,569,369 100 360 500,000 Franklin Trust C o . 600.000 372,538 <113.319,761 10C 270 280 150.000 410,035 3,226,369 100 360 Hamilton Trust C o. 200.000 55,061 <12,327,328 ; 100 124 134 600,000 556,135 10,871 482 100 300 1 U S Trust C o______ 100.000 57,393 <12,437,114 1 0 c 350,000 1,390,651 18,496,652 100 580 ------- I 100.000 100,422 <12,514,698 — 200 ] Plainfield— 150.000 69,200 el ,543,500 - - _ City National Bank. 100 4.000. 000 6,702,700 <*104636 000 625 650 347,043 6,699,691 100 150,000 (200 * First National Bank. 10 c 5.000. 000 8,558.441 125,096,000 690 710 200,000 339,265 5,881,270 100 (230 ' Plainfield Trust Co *1,000,000 88,100 <*4,664,200 100 170 609,300 857,954 12,986,123 100 180 (225 £ State Trust C o_ _ 200.000 243.987 <15,423 897 100 480 500 100,000 159,368 3,301,619 100 190 ------- £ 3.500.000 5,867,562 105,076,000 100 775 825 Trenton— 500.000 241,085' <12,909,827 145 155 t Broad St Nat Bank — -- ---------1.000. 000 250.000 953,085 10,330,515 100 400 210 225 A Capital City Tr C o .. — 100.000 42,400i e l ,21 150.000 0140,676 1.228,624 100 200 First National Bank. Trust Co. returns da te N ov. 14 1925 500.000 1,233,438 9,248,718 100 350 J Hanover Trust Co__ 4.000. 000 3,009,770 45,i: 100 200.000 167,454 3,354,419 100 200 ------- / Mechanics’ Nat Bk. 1,000.000 1,655,157 17,593,422 50 260 | 1,000.000 584,061 9,2< I Trenton Banking Co 1.000. 000 584,332! 8,9! — — 750,000 1,288,408 13,784,727 50 175 I Colonial Trust C o_ _ 500.000 15,133 1,61 100.000 188,382 3,587,887 100 225 — i Mercer Trust C o___ 4.000. 00012,807,853 71,8*.____ 1 0 0 625 635 200,000 500,731 5,595,772 100 275 ■ ~ I ■ i Trenton Trust C o . . . 20,000,000 30 391.589 372,277,384 100 573 578 750,000 1,132,009 10,902,440 100 225 ------Wilbur Trust C o___ 825.000 420,741 11,471,796 100 230 255 100,000 50,495 1,641,538 100 165 ------- ! ■otherhood Locom Eng Co-Op Tr C o. 700.000 259,958 Tr Co 1 0 6 875 885 NEW YORK— N a t i o n a l b a n k s ( e x c e p t N e w Y o r k C i t y ) , S e p t . 28: S t a t e i n s t i Central Union C o_ 12.500.000 25,578,633 Empire Trust _ 4.000. 000 3,806,928 1 0 0 347 353 t u t i o n s , N o v . 14 1925. Equitable Trust C o. 23.000. 000 12,852,767 343,059,473 100 310 314 Farmers’ L & Tr Co 10.000.000 18,520.478 148.434.347 1 0 0 555 570 Albany-— P er sh a re Fidelity Inter Tr C o. 2.000. 000 2,209,927 21,970,661 100 315 325 Central Bank. 100.O C O 117,705 2,432,57E 10C 165 180 Fulton Trust C o._ 1,000,000 1,238,387 14,575.579 1 0 0 350 600, O C 1,060,028 12,797,887 10C 230 240 O Guaranty Trust C o_. 25.000. 000 21,538,678 505,103,912 100 374 378 250,000 1,248,994 3,846,939 100 500 550 Irving Bk Colum T r. 17.500.000 13,732,146 330,734.124 100 323 328 Nat Com Bk & Tr Co 1,500,O C 3,673,199 33,438,897 100 375 380 O Italian Disc & Tr Co 1,000,000 569,189 8,062,910 100 1,250.O C 2,307,743 33,643,808 100 255 265 O Lawyers’ Trust C o .. 3.000. 000 3,204.540 20,121,161 100 400,000 690,751 9,762,937 100 235 250 New York Trust C o. 10.000. 000 20,018.792 180.084,555 1 0 0 535 545 Title Guar & Tr C o._ 10,000,000 17,233,424 47,357,760 100 675 685 A uburn— P er Trust Co of Nor A m . 500.000 224.100 1,844,928 Cayuga Co Nat B k. 200,000 379,102 3,465,242 100 (210 U S Mtge & Tr Co__ 3.000. 000 4,750,937 60.075,749 100 380 390 200.000 199,739 4,334.553 100 (125 U S Trust Co of N Y 2.000. 000 18,789,497 55,445,161 100 1875 150,000 415,303 6,767,705 100 300 400 J a m a i c a , L . I .— Binghamton— P er sh a re First National Bank. 200,000 411,068 8,366,975 100 Citizens Bank_____ 150,000 87,320 2,323,222 100 120 130 City National Bank. 200,000 478,100 7,064,003 100 275 300 Rochester— P er sh a re 606.483 8,329,806 100 210 220 400,000 Lincoln-Alliance B k. 2,000,000 3,159.326 44,370,162 1 0 0 292 296 People’s Trust C o ... 500,000 545,293 7,902,450 100 160 170 Merchants’ Bank_ _ 500.000 658,247 13,518,600 1 0 0 220 225 Nat Bank of R o c h .. 1.200,000 406,973 16,716,846 100 120 130 Brooklyn— S t a t e B a n k & T r u s t C o . r e t u r n s d a t e N o v . 14. P er Central Trust C o_ _ 600.000 578,218 16,785,222 100 240 250 N a t . b a n k s S e p t . 28. Genesee Vail Tr C o .. 400.000 811,131 16,850.403 1 0 0 375 Bank o f Coney Island 200,000 195,699 5,937,212 100 210 Roch Trust & S D Co 1,000,000 1,909,952 40,327,708 100 350 Bushwick Nat Bank. 200,000 110,200 2,401,300 Security Trust C o_ _ 300.000 1,742,640 32,145.245 1 0 0 800 First National Bank 500,000 1,192,500 14,726,600 100 450 Union Trust C o_____ 1.500.000 1,011,048 30,413,454 100 180 185 Flatbush State Ban] 100,000 87,207 2,507,691 Schenectady— Globe Exchange Bk 400,000 263,220 4,129,864 Mohawk Nat B an k.. 400.000 352.533 4,501,083 25 48 50 Greenpoint Nat Bk. 467,000 3,780,500 200,000 200 Union National Bank 300.000 768,487 9,229,656 400 Mechanics’ Bank_ _ 2,000.000 3,204,408 45,790,548 50 245 255 Citizens Trust C o_ _ 300.000 417,386 8,399.805 ___ 270 285 Montauk Bank_____ 200,000 254,785 4,836.083 100 290 Schenectady Tr C o .. 500.000 1,150,000 16,000,000 400 M unicipal B ank____ 2,000,000 827,156 21,998,342 100 Syracuse— P e r sh a re Nassau Nat Bank_ _ 1,000.000 1,640,200 18,157,300 100 310 320 City Bank Trust C o. 2.500.000 1,311,998 27.163,952 100 183 L86 People’s Nat B an k.. 200,000 465,600 8,416,700 100 470 _ Liberty Nat Bank_ 300.000 178.534 2,817,515 100 155 160 Brooklyn Trust C o .. 1,500,000 4,415,912 48,379,684 100 885 895 Merchants’ Nat B k. 300.000 425,529 6.638,337 100 200 210 Kings Co Trust Co . . 500,000 4,634,864 32,304,639 100 2300 2400 Salt Springs Nat B k. 800.000 473,023 6,196,962 100 227 232 Manufacturers' TrCo 10,000,000 12,441,837 194,614,861 100 475 500 Third National Bank 300,000 286,531 3,662,048 100 160 Midwood Trust C o .. 700,000 389.965 8,299.816 100 260 First Trust & Dep Co 2.500.000 2,198.229 45.817,579 100 250 People’s Trust C o_ _ 1,600,000 4,663.750 62,618,371 100 915 925 Syracuse Trust C o_. 1.500.000 1,385,970 35,208,536 100 233 238 - . Tn ! „ Sale prj,e,® ' P, *n \ JP Capital increased, x Ex-dividend, g June 30 1925 i Ex-rights, a Sept. 28 1925. d N ov. 14 1925 l In process o f liquidation. e SeDt 30 1925 P l Last sale, y Ex-rights, u Book value. OHIO— (Concluded) NEW TORN (Concluded) Capital. Troy—• Surplus & Profits Gross Deposits Surplus Par Bid. As*. Manurac’rs Nat Bk National City Bank Nat St Bk o f T roy . Union Nat Bank__ United Nat Bank__ Troy Trust C o____ 1.000.00C 300,000 250,000 300,000 240,000 200,000 10C 1()( 1< )< 5 < 1()( 106 400 185 250 65 300 140 Utica— First Nat Bk & T r. Oneida Nat B ank... Utica City Nat B k . Citizens’ Trust C o. Oneida Co Trust Co. Utica Tr & Dep C o.. Utica Nat Bk & T r. 1,250,000 2,180/91 14,513.70; 600,00( 1,104,445 5,005,561 356.561 5,102,48c 1.000.00( 1,000,00( 1,207,232 18,318,05' 520.267 3,662,403 250,00( 1,000,000 934,798 14.659,261 356,561 5,102,483 1.000,000 10( K M 101 1()( 10C 100 275 240 100 240 285 245 105 245 265 275 % Watertown— 500,00C 200.00C 400,000 M t Vernon Tr C o. 425 200 260 70 315 150 Per share. — — Nom. prices 539,160 5.342,84^ 10C 275 269.136 3.9^4,236 1(M 225 968,410 10.321,013 100 325 200,00C 1,035,871 10,305.932 10C 678,373 15,943,209 100 600,000 285 235 350 Per share. Central Nat Bank. 22,164 821,095 100,000 Nat City Bank_ _ 400.000 460.667 11,463,193 100 North Ave Bank95,449 2,804.091 100 185 150,000 Huguenot Tr C o .. 250.006 204.950 5,05.3 964 10(1 140 N Rochelle Tr C o. 597.102 8,659 851 10(1 340 200.00C Ossining — 1st N a t.. 176,782 100,000 1,096,123 100 Ossining Nat Bk 100,000 265,343 2,364/42 100 Peekskill— Westches Co N at. 498,486 7,454,829 100,000 50 Pleasantville— M t Pleasant B k_. 100,000 188,277 2,828,933 Port Chester— 1st N . Bk. & Tr C o _____ 200,000 305,334 5,397.189 100 Mutual Trust C o . 300.000 246.504 4,166,633 100 235 Rye— Rye Nat B k_ _ 175,659 2,932.063 100 100.000 Tarrytown Nat B k_. 265,606 2,363,183 100 100,000 W hite Plains — Citizens Bank___ 374.580 6,540.134 100 250,000 West Title & Tr Co 1,000,000 1,286,174 4,133.980 100 County Trust C o . 200,000 n 4 8 9/18 8,948,833 100 Yonkers— First N at. 300,000 548,470 10,208,922 50 Yonkers Nat Bank 200,000 n215,309 & Trust C o____ 5,954,518 100 Westches’r Tr C o. 300,000 986,950 10,234.253 100 400 350,000 Yonkers Trust Co J 133,149 6,523,271 145 255 1— Nat. banks Sept. 28 State institutions Sept. 28. Charlotte— Charlotte Nat Bank Commercial Nat Bk First National Bank Mer & Farm N B k. Union Nat Bank___ American Trust C o.. Independ’ce Tr C o .. *500,000 500,000 300,000 200,000 200.000 1,200,000 1,000,000 Durham— Citizens’ Nat Bank, Fidelity Bank_____ First National Bank, Home Savings Bank. Merchants’ Bank__ 100,000 100,000 600,000 100,000 100,000 Per share. 690.461 4,191,954 100 200 690,753 2,915.751 100 225 768.852 1,719,620 100 250 527,888 2,462.962 100 300 M 354.802 3,020.758 K ) 300 948,751 15,209,743 100 160 820,548 4,651,078 100 184 133,860 894,906 566,905 n88,000 146,942 1,853,311 7,055,682 5,164,237 1,200,000 1,707,711 100 25 100 25 50 180 215 180 48 105 Greensboro—Atlantic Bk & Tr Co Greensboro Bk & Tr 1,250,000 400,000 868,552 240,000 9,564,384 100 168 3,250,000 100 155 Raleigh—• Citizens Nat Bank_ Comm’l Nat B an k .. Raleigh Bkg & Tr Co 300,000 600,000 100,000 177,547 228,219 201,687 5,251,948 100 160 7,584,988 100 140 1,582,618 100 225 Wilmington— Murchison Nat B k .. People’s Sav B an k.. Wilm Sav & Tr C o .. 225 230 325 162 186 185 185 50 110 168 160 Per share. 165 250 Per share. 1,000,000 1,215,570 14,828,693 100 198 65,000 188,265 2,082,285 25 105 300,000 470,511 4,589,850 50 175 Winston-Salem— People’s Nat B an k .. 50,750 150,000 1,812,000 100 Wachovia Bk & Tr__ 2,175,000 1,654,211 38,207,246 100 200 200 125 185 205 150,00C 50.00C 300,00C 100.00C 100,O C O 100,000 108,902 56,547 363,45; 126,928 33,236 83,309 1,495,665 774,112 7,159,906 2.107,676 1.290,102 694,198 Per Cleveland- T oledo— City Savings B an k.. Com Sav B & Tr C o. Dime S Bk & Tr C o. First National Bank. Com Guard Tr & Sav Home Bank & Tr Co Mer Sav B k & Tr Co Ohio S Bk & Tr C o_. Peoples State S Bk_ Secur S B & Tr C o .. Snitzer-R T & S Bk__ Toledo Trust C o___ Union Tr & Sav B k._ 250 227 50 165 175 325 175 170 S 42.655.40C 4,622,019 27,254,127 8,858,511 5,002.652 1,000, O X C 2,810,174 16,027,203 19,927,404 Par 10C 10C 1 ( 1()( 10C 10C Bid. 100,000 200,000 300,000 500.000 1.400.000 1,000.000 150.000 1,000.000 150,000 600.000 300,000 5,000.000 250,000 share 325 300 37« 150 300 225 Per share 3,323,180 100 330 319,899 24,762,910 3,373,74U 49,102,318 306,100 2,783,400 569 293 8,610 000 955,605 24,038,445 1,064,409 22,370.01. 1,023,152 27,828,138 1,047.519 23,484,139 5.592.32C 208,907,267 5,340,416 114,412,063 3,927,429 263,624 423,519 14,274,853 n871,358 3,659,144 13,128,502 277,456,643 100 100 100 100 100 100 100 100 100 100 275 170 240 250 275 230 275 285 240 100 170 100 165 100 207 175 200 308 172 H share 350 108 350 280 400 280 440 Per share 568,325 10,503,535 100 a295 300 3,908,824 100 150 155 376.754 4,807,958 525,170 8,768,801 221,558 6,0®0,541 867,819 17,691,591 100 185 100 150 100 100 255 195 160 200,223 22,536 505,178 409,989 1,571,974 1,206.479 459.905 n,374,051 2,516,297 99,902 770,964 475,016 3,408.690 415,147 OKLAHOMA— National banks Sept. G u th rie—• 100,000 50,000 25,000 Tulsa— Central Nat B an k... Exchange Nat Bank. A sk. Per 320 250 36 185 225 275 125 i(M 270 100 220 819.846 13,903,944 8,936,293 10.344,987 26,513,951 8,707,684 2,454,892 38,166,832 2,366,757 11,039,235 3,805,831 31.787,892 1,587,178 265 Per share 100 50 100 100 100 100 100 100 100 100 100 100 120 300 275 330 175 155 340 325 169 220 220 170 245 Y ou n gstow n —■ Per Central Bank C o___ 8,061 749,022 100 80 150,000 City Tr & Sav Bank. 1,000,000 1,335,024 9,261,409 100 228 Commer’l Nat Bank. 788,718 500,000 6,581,155 100 223 Dollar Sav & Tr C o .. 2,500,000 2,191,197 17,220,489 100 201 First National Bank. 2,500.000 2,331,732 16,314,390 100 201 Mahoning Nat Bank 1,000,000 482,555 4,519,858 100 175 Mahoning Sav & T r . 150,000 176,174 1,964,839 100 145 Second Nat Bank_ _ 200,000 33,709 842,941 100 110 South Side Sav Bank 100,000 59,953 949,151 100 130 American Nat Bank. share. 263,432 D a y ton City National Bank 500,000 Merchants’ Nat Bk & Trust C o____ 200,000 Third Nat Bank & Trust C o________ 400,000 Winters N Bk & T r. 1,000,000 City Tr & Sav Bank. 250,000 Dayton Sav & Tr Co 600,000 1 290 200 165 95 175 250 $ 3,180,736 294,76^ 1,849,80: 964,22 352,446 197.00( 113,976 1,460,523 2,622,448 Gross Deposits. Per C olum bus— 100,000 Brunson Sav B an k .. 46,799 997,854 100 Citizens Tr & Sav_ _ 1 ,5 0 0 ,0 0 0 766,826 23,547,86,; 100 16? 3 0 0 .0 0 0 City National Bank. 6,293,109 100 315 611,499 5 0 0 .0 0 0 Columbus Nat Bank 75,535 3,352,634 1(M ) 103.569 Columbus Sav Bank. 50.000 1,260,560 100 200 Commer’l Nat Bank600.000 1,084,117 9,201,474 100 315 100.000 Fifth Ave Sav Bank. 106,419 1,905,529 100 300 Huntington Nat Bk. 1,800.000 2,074,095 22,197,595 100 270 100,000 Market Exch B an k.. 3,869,671 100 350 272,071 Nat Bk of Com’ce_ _ 300.000 731,788 5,594,365 100 375 100,000 Northern Sav Bk Co 34,661 1,089,333 First Nat Bank_____ 500,000 654,611 9,395,705 100 265 Ohio National Bank. 1,000,000 2,366,838 21,838,847 100 420 OHIO— National banks Sept. 28; State institutions Sept. 28. Akron— Central Sav & T r_ _ 1 ,0 0 0 ,0 0 c 735,148 16,043,343 100 h225 Commercial S & T r. 250,O C O 328,476 5,468,249 100 175 Depositors Sav & T r. 500,000 645.75C 8,284,789 100 250 Dime Savings Bank. 200.000 250,895 3,498,744 100 180 Ohio State Bk & T r. 500,000 689,047 9,430,742 100 160 Standard Sav Bank. 100,000 28,592 408,528 100 90 Firestone Pk Tr & SB 200,000 188,229 4,301,194 100 170 First Trust & S Bk__ 1,500,000 2,120,816 29,778,561 100 245 Canton— Cent Sav B & T C o. 200,000 110,576 3,907,752 100 150 Dime Savings Bank. 500,000 253,968 5,001,966 100 200 First National Bank. 500,000 1,234,191 12,122,912 100 325 Cincinnati—• Per Atlas Nat Bank___ 400,000 1,263,016 7,862,572 100 400 Brighton Bk & Tr Co 500,000 530,553 13,796 305 100 525 Brotherhood o f Rv Clerks Nat B k .. 200,000 50,000 3,116,401 Cinn Bk & Tr C o_ _ 150,000 203,392 3,598,984 100 230 Citzns’ N Bk & Tr Co 2,000,000 2,263,962 13,796,032 100 213 Columbia B & S Co 100,000 276,523 2,301,927 100 45 Cosmop Bk & Tr C o. 350,000 n306,672 7,560,000 100 150 East End Bank_____ 50,000 60,499 709,249 100 160 First National Bank. 6,000,000 5,328,755 41,678.971 100 320 Lincoln Nat B an k .. 500,000 1,159.076 10,630,385 100 270 North Side Bank__ 100,000 262,740 2,413,828 50 140 Pearl Market Bank. 400.000 499,053 8,401.507 100 155 S 3.000.00C 200,00C 1.500.00C 1,000.006 250.00C 100,006 250,006 1,0 0 0 ,0 0 c 2,000.000 1,000 000 1,800,000 250,00C 400.000 2,000.000 2,000,000 1.500.00C 1,500,000 8.600.006 4,000.006 Guardian Trust C o. 1,000.006 750.000 900,000 Union Trust C o. 22,250,006 M usk ogeeCommercial N;_____ First National Bank 100 100 100 < Profits & 100,000 Wash Bk & Sav Co M cAlester— American Nat B__ City National Bank First Nat Bk o 1 N OR TH DAKOTA— N at. hanks Sept. 28; State institutions Oct. 15. Fargo— Dakota Nat B an k .. Fargo National Bk First National Bank Merchants Nat B k .. Security Nat Bank Northern Trust C o .. Capital Per share. $ $ 1,460,295 29,114.72C 605,89; 6,824,185 4,503,477 491.01J 6,663,67: 447,79C 1,089,109 461,048 205,193 4,056,444 New Rochelle— 61 BANKS AND TRUST COMPANIES D ec., 1925.] 310 — share 92 236 230 203 203 180 125 28; Per share 91,878 28,276 n3,374 2,943,917 10C 1,170,096 100 306,073 100 100,000 50,000 100,000 14,644 011,987 20,000 1,771,177 10C 339,705 100 1,850,000 100 250,000 500,000 200,000 187,696 197,347 n40,711 4,197.004 ion 200 6,511,874 100 300 2,467,501 100 125 Per share Clo sed Per share 225 325 175 Per share 1.000.000 200.000 300,000 1,000.000 600,000 250,000 500,000 500,000 440,307 14,051,309 mo 200 56,147 3,656,941 100 175 68,535 4,142,164 100 200 325,342 17,795,656 100 250 184,006 6,624,086 100 200 32,656 2,749,054 100 200 631,924 9,968,801 100 111,115 4,322,908 100 225 250 1,000,000 2,000,000 1,000,000 200,000 250,000 500,000| 650,000* 426,394 9,766,093 100 828,493 41,296,716 100 225,294 20,697,359 100 122,967 4,162,287 64,240 4,023,276 193,236 5,336,027 487,561 2,309,431 — ________ — OREGON— National hanks Sept. 28; State institutions Sept. 28. Portland— Per G W Bates & C o .. 100,000 21,166 1,324,993 100 300.000 114,591 3,375,112 100 200 Can Bk o f Com’ce_ _ 84,012 3,694,597 100 170 Citizens Bank______ 200.000 First National Bank. 2.500.000 1,276,697 39,837,053 100 210 Hibernia C & Sav Bk 200,000 252,143 6,546,866 100 175 Live Stock State B k. 100,000 1.101 685,196 100 N ’western Nat Bank 2,000.000 596,730 19,559,700 100 135 59,413 Peninsular Nat Bank 200,000 1,964,415 100 130 200,000 40,740 2,035,990 150 2.400.000 2,857,421 55,775,018 ioo 350 300.000 122,431 3,505,043 100 170 489,473 4,181,038 100 d _____ 500.000 500.000 68,073 2,055,276 100 125 250 share 210 185 215 190 135 150 140 175 375 185 * Sale price, a Includes City Trust & Savings Bank, h New stock, k Capital increased, x Ex-dividend. I Last sale, d Sold with First Nat Bank, c Includes Oneida County Trust C o. t Includes trust deposits, t Includes Union Savings Bank & Trust. n June 30 1925. g April 6 1925. « M ar. 31 1925. 62 PENNSYLVANIA— N at. banks (except Phila.) Sept. 28; State inst. Sept ■28. Capital. Surplus Profits A llentow n— $ $ Allentown Nat Bank 1,000,000 1,228,384 Merchants Nat Bank 400.000 r l,292,802 Ridge Ave Dep B k50,000 89,203 Second Nat Bank_ _ 300,000 1,162,853 Allentown Trust C o . 225,000 242,082 Citizens Trust C o___ 297,761 250.000 Lehigh Vail Trust Co 500,000 843,787 300,000 249,161 Penn Trust C o______ A lto o n a — First National Bank. Second Nat Bank. . Altoona Trust C o_ _ Central Trust Co . Mountain City Tr Co Erie— Bank o f Erie Tr Co First National Bank Marine Nat Bank People’s Bk & Tr C o. Second Nat Bank_ _ Cent Tr & Title C o .. Seem1Sav & Tr C o .. H arrisburg— East End Trust Co . Harrisburg Nat Bank Central Trust Co . . Commercial Tr C o .. Commonwealth Tr Co Dauphin Dep Tr C o. Harrisburg Trust Co Security Trust C o .. Lancaster— Conestoga Nat B k .. Fulton Nat Bank. Lancaster Co Nat Bk Agricul Tr & Sav____ Farmers’ Trust C o .. Guaranty Trust C o . . Lancaster Trust C o. Northern Tr & S C o. People’s Trust C o_. 150,000 100,000 200,000 250.000 245,300 162,962 Gross Deposits. Par. Bid. Per S 8,093,559 106 300 6,272,720 10(1 610 1,533,906 fid 150 6,020,940 101) 710 2,230,557 3(1 90 2,830,129 25 135 4,963,785 fill 450 2,801,794 50 105 Per 3,734,341 3,026,593 2,503,269 2,370,612 1,946,881 2,405,971 100 100 100 100 too 30 _____ _____i .i 300 _____i 57 125,000 168,601 1,780,179 300,000 1,311,934 8,748,115 300.000 705,882 7,525,691 200,000 338,596 4,481,521 500,000 1,104,988 11,268,621 170,300 1,792,482 74,126 500,000 677,929 8,507,980 200,000 705,478 5,714,568 100 100 100 100 100 100 100 100 _____ *400 _____i _____ ] 250 .........1 _____i ......... \ 200,000 71,726 300,000 712,284 400,000 720,562 125,000 e96,292 750.200 1,808,002 300,000 566,282 400.000 859,758 286,010 164,511 250,000 245,534 1,708,911 2,696,035 3,256,358 1,090,862 6,344,018 4.733,875 3,684,912 1.331,738 3,255,366 50 25 25 50 100 100 100 10 100 _____1 _____ i _____ i .........i ......... i _____ J .........1 _____1 _____ i 200,000 741,696 200,000 369,995 300,000 706,103 263,125 121.894 225,000 1,215,633 300.000 .171,520 250,000 1,750,714 200,000 647,970 400,000 843,901 300,000 281,012 4,260,748 3,377,291 2,968,305 1,688,008 6,625,983 1,124,497 8,638,673 3,702,229 4,906,865 3,481,352 100 100 50 25 50 100 50 50 50 100 .........Z ......... i _____1 .........1 ......... J .........Z _____ i _____1 .........z ......... i 485,679 553,411 237,100 606,598 315,733 256,736 Per Per Per P hiladelphia — D e posits o f N ational ban ks date Nov. 30 1925. American Bk & Tr . Bk o f No Amer & T r. Bk & Tr Co of W Phil Broad St Nat Bank. Centennial Nat B k .. Central Nat B an k .. Corn Exch Nat Bank Drovers&MerNatBk East Falls Bk & T r .. Eighth Nat Bank . . First National Bank. Fourth St Nat Bank. Franklin Nat Bank. Girard Nat Bank. Kensington Nat Bk Manayunk Nat Bk . Market St Nat Bk Nat Bank o f Comm Nat Bk of Germant’n Nat Bk of No P hila.. Nat Security Bank. . Northern Nat Bank. Northwestern Nat Bk Overbrook Nat B k .. Olney Bank & Trust. Oxford Bank & Trust Penn National Bank. Peoples Bk & Tr C o . Philadelphia Nat Bk Quaker City Nat B k. Second Nat Bank_ _ Southwark Nat Bank Southwestern Nat Bk Tenth Nat Bank . . Textile Nat Bank . . Third Nat Bank___ Tradesmen’s Nat B k. Union Nat Bank___ Wyoming Bk & T r .. Belmont Trust C o__ Broad Street Trust Cent Tr & Sav C o_ _ Chelten Trust Co _. Colonial Trust C o . . Columbia A v Tr C o. Com ’lth T Ins & Tr Cont-Eq T & T C o .. Empire Tit & Tr C o. Federal Trust C o._ Fidelity Trust Co . Finance Co, 1st pref. 2d preferredFrankford Trust C o. Franklin Trust C o .. Germantown Tr Co Girard Av T & T C o. Girard Trust C o_ _ Guar Tr & S D Co . Haddington T & T Co Hamilton Trust C o .. Holmesburg Tr C o .. Indus’l Tr, T & Sav. Integrity Trust Co Jefferson T & Tr Co Kensington Trust Co Lancaster Ave T & T Land Title & Tr Co Liberty Title & Tr Co Market St T & Tr Co Manayunk Trust Co Metropolitan Tr C o. Mutual Trust Co Ninth Bank & Tr Co Northern Cent Trust Northern Trust C o._ Northeast-Tacony Bank & Trust Co Northeastern T & Tr Nor Phila Trust Co Northwestern Tr Co [V ol. 121. BANKS AND TRUST COMPANIES 300,000 5,000,000 250,000 500,000 300,000 1,250.000 2,200,000 1,000,000 125,000 275.000 1,500,000 3,000,000 2,000,000 2,000,000 350,000 200,000 1,000.000 500,000 300,000 500,000 250,000 400,000 200.000 300,000 250,000 500,000 1,000,000 1,000,000 5,000.000 500,000 280,000 300,000 500,000 200.000 500,000 400,000 1,000,000 1,000,000 1,000,000 200,000 1,000,000 187,500 500,000 750,000 300,000 1,000,000 400,000 1,500,000 1,000,000 236,645 300,000 200,000 5,200,000 al ,470,000 a l,530,000 250,000 1.500,000 1,000,000 200,000 2.500,000 1,000,000 125,000 200,000 125,000 500,000 750,000 200,000 500,000 200,000 3,000,000 500,000 500,000 250,000 500,000 1,000,000 750.000 400,000 500,000 494,081 6,050,943 170,981 499,625 942,330 5,417,419 6,472,023 382,296 132,295 1,761,166 3,783,097 9,604,027 6,020,957 9.084,754 895,602 1,039,592 2,997,607 570,073 1,366,409 294,585 2,196,860 744,018 1,260,662 100,569 384,108 406,603 3,479,207 438,668 12,079,420 848,337 1,199,687 666,695 1,099,813 251,293 778.726 494,384 1,491,979 2,891,582 1,381,568 79,189 1,191,844 196,451 311,482 1,369,411 325,946 1,259,718 857,257 3,954,055 2,021,209 117,034 492,555 379,504 18,252,461 4,310,860 885,875 2,420,345 1,783,731 409,165 11,120,272 871,378 188,719 314,564 145,464 1,911,737 3,684,737 63,543 1,252,816 42,527 12,927,497 698,892 1,257,823 493,193 221,472 676,022 1.886.261 192,947 3,033,556 3,853,427 53,468,360 2,102,650 05,864,085 07,392,841 35,301,000 62,366,000 02,723,235 1,025,982 6,750,000 51,244,000 64,513,000 65,557,000 75,541,000 7,181,000 06,503,076 23,897,000 07,506,669 08,636/64 03,614,264 9,611,000 7,904,000 6,630,000 03,138,256 6,170,197 5,063,689 14,758,000 14,913,228 123,391,000 5,146,000 010,355,131 6,683,000 11,787,000 1,961,000 6,769,000 5,541,000 10,100,000 18,194,000 17.877,000 1,408,920 3,209,748 3,047,232 2,064,887 12,041,175 4,350,926 10,913,690 6,009,494 11,721,054 14,419,359 1,620,797 4,871,913 5,144,314 48,715,014 1.268,572 Per share 305 640 165 750 94 150 480 110 share 300 500 200 210 60 share 175 215 205 130 325 337)4 share 175 72 172 85)4 425 280 325 16 155 share 455 290M 160 52 361)4 177)4 452 200 240 207 share 72)4 .........Z 247)4 ......... J 75 _____Z 201 _____Z 400 .........Z 601 _____Z 575 .........Z 172)4 _____Z 100 ___ Z 916 _____Z 375 __ / 460 _____z 605 _____z 666 _____z 186 _____z 630 _____z 387 . ._ z 211 _____z 302 .........z 176 _____z 880 _____z 275 _____z 677 _____z 112 _____z 173 _____z 135)4 _____z 514 _____z 140 _____z 500 _____z 236 .........z 532 .........z 296 .........z 362 _____z 186 .........z 261 _____z 170 _____z 285 _____z 352 _____z 260 100 50 50 50 100 50 100 100 50 50 ___ z _____z _____z _____z _____z _____z _____z _____z ____z .........z _____z _____z _____z _____z _____z _____z _____z _____z .........z _____z _____z _____z _____z _____z _____z _____z _____z _____z 325 108 71 160 151)4 160 318 457 220 45 150 175 581 150)4 106 232 392 400 222 1150 175 177)4 205)4 85)4 337 509 62 235 8,291,660 28,474,002 15,252,572 4,074,527 57 473 777 11,270,420 3,164,404 4,191,299 1,603,303 10,217.766 18,309,548 1,409,089 13,210,235 1,128,323 21,627,009 100 _____z 751 50 _____z 183 7,166,978 50 _____z 500 13,071,406 3,337.932 25 _____z 88 2,681,527 50 _____z 105 50 _____z 124 8,500,061 15,597,291 100 _____z 443 3,317 367 50 _____z 100 11,582,143 100 _____z 691)4 250,000 133,175 1,324,633 200,000 80,041 1,969,767 500,000 919,084 8,756,546 150,000 <1,075,000 11,773,712 50 50 50 50 Capital. A sk. 50 100 50 50 100 100 100 100 50 100 100 100 100 100 50 100 100 100 50 100 100 100 100 100 50 50 100 50 100 100 100 100 100 100 100 100 100 100 100 100 100 1100 U oo 50 100 100 oO 100 100 100 100 50 50 50 50 50 PENNS YLVANIA— (C on clu d ed ). _____z 80 _____z 65 _____z 228 _____z 450 P hila. — (Con.) $ 125,000 150,000 P arkw ay Trust C o _ . Pelham Trust C o ___ Penn C o for Insur on Lives & Grant Ann T r & Safe D ep C o . 4,000,000 Penn W ’h ’g & S D Co 1,000,000 Philadelphia T r C o . . 1,000,000 P hoenix Trust C o ___ 300,000 Provident T ru st____ 2,000,000 Real Est T r C o , com 1,319,600 do do pref 1,890,100 Real E state T I & T r 2,000,000 500.00C R epublic Trust C o 142,100 R ichm ond Trust Co 150,000 R oxborough T r C o 147,012 Susq T itle & T r C o . . 125,000 Southwark T itle & T r T a co n y Trust C o ___ 150,000 T ioga Trust C o _____ 125,000 U nited Sec L I & T r . 1,000,000 W est E nd Trust C o . 2,000,000 Vvest Phila T & T Co 500,000 Surplus & Profits. $ 94,885 261,472 Gross D eposits. P ar. Bid. Ask. Per share. $ 1,524,900 10C _____ Z 150 2,232,866 106 _____Z 337 17,604,483 54.805.64C 100 372,876 1.191,301 fid 6,106,572 20.812,692 100 84,585 5 (1 1,319,051 8,757,369 14,913,151 100 1,359,396 6,695,836 1100 hoo 4,152,498 8,864,934 100 367,081 4,183,610 50 27,667 1,385,130 205,477 2,593,339 50 27,672 412,999 50 212,149 1,344,951 100 256,884 1,987,999 100 153,710 50 2,520,097 1,148,059 6,092,938 100 2,431,021 17,868,995 100 956,197 50 7,717,674 _____z _____z _____z _____z _____z 27 5 275 865 100 865 57 625 300 300 _____Z 170 _____Z _____Z _____Z _____b ___ Z _____z _____z _____z 151 62)4 220 276 112 187 310 240)4 P ittsbu rgh — 100,000 Allegheny Val Bank 223.500 3,215.000 50 75,000 A ll N ations D ep Bk 97,530 2,071,658 200,000 A m State B k o f Pitts 72,952 1.157,317 150,000 J)718,797 4,900.000 A nchor Savings Bank 50 280 Arsenal Bank . 100,000 310,322 1 476.702 60 Bank o f Pittsb, N A . 3,000,000 4,982,660 51,577,885 50 137)£ 125,000 Bank o f Secured Savs 248.197 2.660,048 50 90 500,000 B raddock N at B an k. 942,456 12.750,647 __ 355 150.000 Citizens Sav B a n k .. 844,191 8 909,841 200,000 1,743,292 15.466,890 C ity D eposit Bank . 50 600,000 1,514,162 10,296,297 100 Colum bia N a t Bank 600,000 2,193,692 18.245,027 100 360 D iam ond N at Bank Duquesne N at B an k. Exchange N a t Bank Farmers D eposit N at Farmers D eposit Sav Fifth A venue B an k . . First N at B k o f Birin First N ational B an k. Fourteenth St B an k. Freehold B a n k _____ Highland N at Bank H om ew ood P eop B k . Iron & Glass D ol Sav K eystone N at Bank M arine N at Bank . M ellon N at B an k___ M etropolitan S av’gs Bank & Trust Co M onongahela N at Bk N at Bank o f Am erica Ohio Valley Bank Pennsylvania N at Bk Penn Savings B an k. Pittsburgh State B k . 2d N a t B k o f A ll’gh 'v T hird N ational Bank U nion N ational Bank Union Savings B an k. Western S & D Bank Allegheny Trust C o . B loom field Trust C o Colonial Trust C o ._ C o m ’wealth Trust Co Continental Trust Co Dollar Sav & T r C o . . D orm ont S & T r C o . East End Sav & Tr Farmers D eposit T r . Fidel T itle & T r C o _ Franklin Sav & Trust H azlew ood S & T C o Hill T o p S & T C o . . M anchester Savings Bank & Trust C o M erch Sav & T r Co M etropolitan T r C o . Oakland Sav & T r Co Peoples Sav & Trust C o o f P itts b u rg h .. P eople's Trust C o ___ Pittsburgh D ep T itle & Trust C o _____ Pittsburgh Trust C o . P otter T itle & T r C o . Provident Trust C o Real Est Sav & T r Co South Hills Trust Co Penn Trust C o ______ Term inal Trust C o . . U nion Trust C o . ___ Washington T r C o . . West End S B & T r . W illiam Penn T r C o . W orkingm an’s Savgs Bank & Trust C o . R eading—- Farm ers’ N at Bank N ational U nion Bk Penn N at B an k____ Reading N at B an k. Second N at B an k___ Berks C o Trust C o . . Colonial Trust C o ___ Pennsylvania T r C o . Reading Trust C o . . S cran ton — Bosak State B an k___ C ounty Sav B a n k .. E lectric C ity B a n k .. First N ational Bank Green Ridge B a n k .. Keystone Bank N orth Scranton B k . P rovidence B an k___ Peoples Sav & Dim e Bank T r C o ____ South Side B a n k .. Third N at B an k____ Traders’ N at Bank U nion N at B an k____ W est Side B an k____ A nthracite T r C o ._ Lincoln Trust C o ___ 500,000 750,000 6,000,000 500.000 100.000 100,000 5,000,000 200,000 200,000 200,000 100,000 172,700 600,000 300,000 7,500,000 2,636,643 1,008,446 1,047,159 4,421,349 1,114,700 202,194 1)256,455 7,858,520 316,112 1,120,069 200,000 179.004 563,324 1,262,758 200,414 7,101,894 3fi8 2Q2 “ K201.627 8.417.038 49.012,148 12 569,318 2,390.576 2,282,000 68,547.995 5,019,876 1 ’Q20t935 3 084 581 3,877,273 3,729,460 8,069,378 2,409,807 162,264,759 200,000 1,000,000 200,000 100,000 200,000 100,000 100,000 300,000 500,000 2,000,000 1,000,000 250,000 700,000 125,000 2,600,000 1,500,000 450,000 1,000,000 125,000 250,000 1,320,000 2,000,000 175,000 165,400 150,000 40,588 2,441,532 640.086 196,841 325.706 209,739 34,640 1,259.712 414,693 5,913,419 1,876,993 554.673 915,012 96,525 4,423,245 1,659,797 319,771 1,809.506 73,678 356,780 0643,544 6,067,244 323,150 335,000 245,661 2,367,989 15.562,901 5,927,293 2,261.777 1,726,730 2,184,033 1 089 147 fi 212 720 3i237,856 22,550.031 31,842.791 3.142.262 5.900.586 1 762 216 17^967,827 11,883.656 1,454.255 12,717.095 1 462 002 Q 848 740 454 78Q 16,853,540 3.600,000 2.925.000 2,944.283 250,000 125,000 200.000 300,000 340,342 o77,004 e72,095 420,231 27 3,765,835 1,462,857 1,643,323 5,983,548 3,000,000 9,010,051 22.209.002 250,000 313,075 3,794,631 125,000 22,031 1,022,781 2,000,000 2,551,521 14,894,912 500,000 567,538 5.845.947 150.000 245,600 1 258 700 400,000 165,694 4,475.286 125,000 212,508 1,742 190 400,000 534,546 6 024 219 125,000 65,562 1.500,000 46.971,369 125 972 227 350,000 1,390,765 7 3 4 5 I359 125,000 627,630 4.257 000 125,000 157,219 1,453,237 100,000 1,679,370 12,496,143 400,020 200,000 300,000 500,oOO 300,000 750,000 500,000 1.000,000 500,000 1,314,774 7,219,308 1,003,166 2,366.020 893,424 5,934,716 1,440.548 9,930,027 1,069,726 2,421,443 865,318 6,813,516 291,536 3,386,962 2,333,693 12,178.944 1,179,925 2,463,900 500,000 700,000 5,355.000 500,000 650,063 7,166.489 80,000 126.568 1,457,813 2,000,000 3,257,444 33,502.298 50,000 85,719 791,565 125,000 1 400 162 183,871 200,000 235,141 2i970.563 75,000 197,331 1,518 709 1,000,000 1,517,036 14,875,312 200,000 »280,121 2,921,514 400,000 1,332,122 9,567,195 500,000 1,130,556 9,705,497 500,000 350,328 3,703,924 120,000 354,572 2,877,733 498,880 460.834 4.057,928 500,000 ,278,827 3,192,108 100 50 150 225 90 50 166 100 100 330 100 50 100 270 100 225 100 123M 100 100 100 300 100 100 160 100 50 100 n o 100 100 50 100 50 205 100 100 100 100 400 25 100 190 60 72 380 220 220 260 335 300 50 83 50 69 100 100 ____ 400 100 275 100 225 too 100 100 100 100 100 100 4000 100 550 60 50 900 Per share. 30 165 26 150 400 445 395 36 22 440 320 100 100 100 10 10 100 100 50 100 50 100 60 60 50 50 170 155 405 450 400 39 23 455 325 Per share. 255 425 125 625 185 140 215 200 100 429 50 205 100 505 100 510 100 205 50 160 50 235 100 200 435 433 512 210 * Sale price, a Capital paid in; authorized amount is larger, b Capital to be increased, g Merged with People’s Trust Company. ZLast sal© a year ago. v June 30 1925. z Ex-div. s Includes Ninth T . & T . Co h New stock, r Sold with Ninth Nat. Bank, n Nominal, i Nov 14 1925 « Sept. 19 1924. o April 9 1925. Dec., 1925.] TENNESSEE— (Concluded) PENNSYLVANIA (Concluded). Capital. Surplus & Profits. Gross Deposits. Par. Bid. Per Wilkes-Barre— 8 $ $ Dime Bk Tit & Tr Co 3,266,589 382,001 50 175 200,000 First National Bank. 958,127 7,828,586 100 280 375,000 Hanover Bk & T r. 153,721 1,647,683 50 105 125,000 Miners’ Bk o f W -B .. 2,000,000 4,208,944 18,210,602 50 165 Penn Bk & Tr C o _ _ 308,573 2,540,786 100 225 200.000 Second Nat Bank_ _ 1,000,000 2,676,149 10,344,951 100 315 So Side Bk & Tr C o. 1,723,621 50 105 143,889 125,000 Union Sav Bk & T r. 118,112 1,647,231 100 145 250,000 W-B Dep & Sav B k. 50 310 676,901 5,315,953 300,000 Wyoming Nat Bank. 50 145 500,000 1,017,503 5,501,798 Wyoming Val Tr C o. 350,000 1,375,895 6,129,340 50 215 Williamsport— First National Bank Lycoming Nat B k_. West Branch N Bk _ Williamsport N B k .. Northern Central Tr Co ______ Susq Trust C o______ York— Central Nat Bank Drov & M ech N B k. First National Bank. Western Nat B a n k .. York Co Nat Bank . York N at’l Bank_ _ Citiz Savs & Tr C o. Guar Tr Co o f Y ork. York Trust C o_____ 556,008 300,000 423,644 200,000 500,000 1,993,876 347,532 250,000 3,672,055 1,829,960 5,8-<8,967 1,118,397 100 100 100 100 A sk. share 300 110 170 250 320 108 150 325 150 224 375 300 530 235 486,992 682,169 4,256,514 3,522,692 200,000 100,000 500,000 225,000 300,000 500,000 500,000 425,000 300,000 186,642 317,845 565,504 347,631 842,416 566,936 133,088 462,766 452,358 1,455.524 1,983,263 5,533,553 2,612,605 2,465,365 3.620,146 2,588,193 3,500,936 3,326,998 100 100 low 100 20 25 25 25 50 Per share. 137 250 180 177 60 49 33 52 H 110 Providence— Blackstone Can Nat. _ High Street Bank_ Mechanics’ Nat B k. Merchants’ Nat B k. Nat Bank o f Comm. Nat Exchange Bank. Phenix Nat Bank_ _ Providence Nat Bk Industrial Trust Co Rhode I Hos Tr Co Union Trust C o____ Woonsocket— National Globe B k .. Producers’ Nat B k_ 500.000 200,000 120^000 500,000 1,000,000 850,000 1,250,000 450,000 500,000 4,000,000 125,000 3,000,000 1,000,000 855,125 156 457 189^963 410,046 1.712,460 1,387,790 1,380,340 1,227,405 l,41-*,955 9,082,939 133 612 £76.518,747 889,118 100,000 100,000 200,000 51,291 92,411 365,831 2,636,566 50 *93 1,137,295 50 83 796,107 60 91 3,090,165 100 135 3,304,627 2,679.132 1,924,196 5,871,935 8,981,858 7,947,163 17,090,914 2,381,979 2,571,128 114.996,177 1,145,697 87,178,955 20,245,688 25 50 50 50 50 50 100 50 100 100 25 1000 100 85 93 150 Per share. 60 95 60 110 91 156 100 230 365 4500 150 Per share. 1,116,680 100 110 800,439 25 45 3,027,813 20 35 47 SOUTH CAROLINA— N ational banks Sept. 28; State institutions Sept . 28. Charleston— Atlantic Nat B an k.. Atlantic Sav Bank Bk o f Charl’n, NBA Carolina Sav Bank . First National Bank. Miners & Merch Bk. People’s Nat B an k .. Security Sav Bank So Car L ’n & Tr C o. Per share. 200,000 200,000 1,000,000 200,000 200,000 50,000 1,000,000 50,000 100,000 153,506 487,239 870,311 196,412 370,719 41,026 380,123 42,992 43,572 3,061,851 4,439,394 9,567,650 2,647,661 2,237,255 383,908 6,827,840 1,695,204 697,037 100 100 100 100 100 100 100 100 100 157 276 175 225 300 120 105 200 100 300 185 250 325 125 110 210 125 50,226 150.000 3,749 275,999 533,194 450,407 81,460 93,600 1,669,650 870.083 291,418 1,664,256 5,708,611 2,826,029 1,693,207 2,792,089 100 100 50 1‘ 0 100 100 m ___ 105 112 110 115 50 Woodside Nat B k_ _ 225,000 300,000 25,000 200.000 250,000 200,000 50 000 250,000 ido 119 121 Spartanburg— American Nat B k._ Bank o f C om m erce.. Carolina Nat Bank Central Nat Bank. Dollar Sav Bank_ _ First National Bank. Mer & Farm Bank Southern Trust C o .. 150,000 100,000 200,000 400,000 100,000 500,000 100,000 60,000 15* ,277 787.757 888,889 1,280,815 2,543,119 464,557 3,260,058 1,037,766 454,017 100 100 100 100 100 100 100 100 150 150 105 168 75 150 235 150 155 160 110 172 80 155 240 — Greenville—• Amer Bk & Tr Co . . Bank o f Commerce. Farmers & Mer B k .. First National Bank. Norwood Nat Bk . . Peoples Nat Bk . 63,654 66,658 326,616 1,470 212,609 127,000 36,133 230 300 305 TENNESSEE— National banks Sept. 28; State institutions Oct. 26. Chattanooga— Chattanooga S Bk & 500,000 1,000,000 1,000,000 1[500!000 250,000 Knoxville—600,000 City National Bank. East Tenn Nat Bank 1,000,000 200,000 500,000 Holston Nat B an k.. 300,000 Third Nat Bank___ 500,000 Union Nat Bank____ 601.094 3,602,701 100 Per share 742,944 5,988,953 100 1,286,590 17,581,025 100 787,992 13,580,368 100 174,720 3,299,875 100 Per share 621,648 11,907,639 100 250 800,996 7,139,779 100 240 l-’ 3,752 3,622,459 100 367,854 3,731,926 100 180 258,507 2,147,542 100 170 223,881 5,778,245 100 165 Memphis— Bank o f Com & TrCo 3,000,000 2,624,998 33,430,985 695,681 10,356,769 600,000 Cent State Nat Bank 846 282 100,000 53,140 Columbia Sav Bank 300,000 26,720 2,023,008 Exchange Bk & T r. 500,000 First National Bank 75-1,527 8,417,595 100,000 103,089 2,072,226 Amer S B & Trust. . 134,082 4.936,483 Fidelity Bk & Tr C o. 1,000,000 300,000 232,605 4,056,261 Liberty S Bk & T r . . 150,000 Man Sav Bk & T r— 242,033 4,155,600 100,000 5100,000 722,977 Solvent S Bk & Tr 50,000 State Savings Bank 73,448 1,496,668 Union & Planters’ 346,185 32,165,197 Bank & Trust C o. 2,500,000 Gross Deposits. Par. Bid. Per $ $ 1,365,088 18,704,183 100 312 263,867 3,823,808 100 31? 350,499 4,091,922 100 295 120,394 2,099,890 100 150 379,657 6,144,061 100 205 122,327 7,658,896 100 321 1,599,341 21,996,454 100 321 78,232 483,764 1,314,818 100 100 4,069.824 100 245 Ask. share 316 316 305 155 210 327 327 105 250 TEXAS — National banks, Sept. 28; Slate institutions. Sept. 28. Austin—■ American Nat Bank. Austin Nat Bank_ _ Citizens State Bank. Texas Bank & Trust. State National Bank 300.000 300.000 125.000 200.000 100,000 728,339 732.177 41,635 57,572 53,784 7,329,647 100 265 6,829,812 100 250 2,583,119 2,025,169 1,467,691 100 200 250.000 250.000 400.000 250.000 492.337 83,271 447,075 100,483 5,032,825 2,258,06-' 6,442,639 2,716,232 Per share 100 100 K ) M 100 Per share 300 125 225 120 300 250 200 200 175 Per share 100 370 100 255 100 165 105 100 275 100 270 100 93 100 205 100 550 10 8 100 300 380 100 130 Dallas— Am Exch Nat Bank. Central Nat’l B an k .. City National BankMercantile Nat Bank Mercantile Tr & S Bk Dallas Nat Bank___ Republic Nat Bank. Nat Bk of Comm’ce. North Texas N B k .. Central Tr & Sav Bk Dallas Tr & Sav B k. Republic Tr&Sav Bk State Bank & Trust- 4.000. 000 2,956,918 47,856,776 100 315 500.000 218.078 3,855,956 1(M 100 ) 3.000. 000 1,713,005 30,351,136 100 300 112,390 8,746,337 100 105 750.000 25,774 2,379,040 250.000 105 194,739 5,502,884 100 140 500.000 1,013,515 22,714,142 1(M 175 2.000. 000 ) 389,746 4,662,693 100 270 150.000 253,798 8,820,741 1,000,000 71,729 1,120,101 200.000 95 445,089 4,562,130 loo 140 1,000,000 69,918 3,839,084 500.000 115 20,963 1,069,761 100.000 El Paso— First National Bank. State Nat Bank_____ Amer Tr & Sav B k .. Per share. 179,503 139,550 683,946 317,620 Nashville— $ American Nat Bank. 1,500,000 American Trust_____ 500,000 Broadway Nat Bank 300,000 Central Nat Bank__ 300,000 Commerce-Union Bk 500,000 Fourth & 1st B&TCo 500,000 Fourth & First N B_ 1,500,000 Tennessee Hermitage National Bank 300,000 Nashville Trust C o_ 350,000 Surphis & Profits. Beaumont— American Nat Bank. City Nat’l Bank___ First National Bank. Texas National Bank 500,000 500,000 100 225 225 50 112X 115 200,000 100,000 120,000 300,000 Capital. Per share. 275 300 525 235 RHODE ISLAND— National banks Sept. 28; State institutions Sept. 8. Newport— Aquidneck Nat Bk__ Nat Exchange Bank. Newport Nat Bank. Newport Trust C o_ 63 BANKS AND TRUST COMPANIES 1,000,000 300.000 350.000 291,976 10,876,537 100 150 225,247 9,040,625 1(M 250 ) 53,953 3,188,336 100 50 Fort Worth— Continental Nat Bk. 750.000 Farm & Mech N Bk. 1,000,000 First National Bank. 1,000,000 Ft Worth State Bank 100.000 Ft Worth Nat Bank- 1,000.000 Stockyards Nat B k .. 200,000 _ Texas N at’l Bank_ 500.000 236,358 7,972.070 100 100 327,607 12,->01,881 100 140 805,102 16,421,874 100 250 24,000 1,116,000 100 1,30-* ,354 14,875,277 100 300 113,225 3,568,350 100 250 260,778 5,200,047 100 200 Galveston— City National Bank. 200,000 First National Bank200,000 South Texas Nat Bk. 400,000 U S National B an k .. ul ,000,000 Houston— Citizens State Bank. First National Bank. Guaranty N at Bank. Gulf State Bank___ Houston Nat B an k.. Second Nat Bank_ _ Nat Bank o f Comm . Public Nat Bank___ State Nat Bank_____ Union Nat Bank____ South Texas Comm’l Nat Bank________ Guardian Trust C o .. Houston Land & T r. Marine Bank & Trust San Jacinto Trust_ _ 125 Per share San Antonio— Alamo Nat Bank____ 1,000,000 City National Bank. 1,000,000 Commercial Nat Bk. 200,000 Frost National Bank 1,000,000 Groos Nat Bank___ 250.000 Guar Bond State B k. 200.000 Lockwood Nat Bank 200,000 Nat Bk o f Comm’ce. 600,000 Sam Houston State Bank & Trust___ 100,000 San Antonio Nat B k. 500.000 Central Trust C o_ _ 200.000 Com’wealth B & TCo 300.000 Texas State Bk & T r. 300.000 Waco—• Citizens' Nat B an k.. First National Bank- 1,000,000 First State B & T Co 300.000 Liberty Nat Bank_ _ 300.000 National City Bank100.000 Provident Nat Bank. 300,000 120 100 145 125 95 170 305 75 Per share 242,536 7,231,509 288,448 3,042,238 203,035 5,258,714 117,952 12,678,664 9,866 100,000 890,682 2,500,000 134,861 200,000 13,386 100,000 807,219 600,000 871,43-* 1,000,000 681,045 500.000 49,494 300.000 79,914 500.000 1,000,000 1,075,423 1,000,000 300.000 1,000,000 300.000 300.000 105 310 110 110 145 185 571,185 34,940,663 1,611,157 969,674 10,835,650 14,338,404 9,724,886 2,518.150 4,o43,562 17,283,540 110 150 300 325 300 210 Per share 100 175 100 195 100 100 100 No minal 100 100 100 100 100 100 100 100 100 100 185 205 110 prices 85 235 170 90 175 235 270 100 170 225 95 250 180 100 200 240 280 110 190 250 1,563,408 25,630,136 100 325 453,589 2,654,059 100 285 498,777 4,200,185 100 150 78,956 2,080,995 100 125 196,852 2,568,567 100 160 350 305 390,771 8,870,399 100 233,592 11,323,570 100 41,050 1,650,973 100 695,858 9,522,206 100 155,018 1,734,007 100 199,883 4,534,189 100 390,633 2,870,107 100 309,049 4,860,358 100 135 170 Per share 19,211 194,147 69,287 145,063 60,833 339,888 2,239,747 3,205,380 2,772,130 3,199,042 100 100 100 100 100 246,722 399,022 70.760 214,461 45,193 264,240 2,849,081 7,829,523 1,689,670 2,683,226 471,645 2,403,015 100 1(M ) 100 K ) M 100 100 200 215 95 195 90 200 100 100 100 100 100 150 100 255 600 150 Per share 220 105 200 100 210 UTAH— National banks Sept. 28; State institutions Oct. 6. Ogden— Commercial Sec Bk . Nat Bank of Comm. First Utah Sav Bank Ogden State B an k.. First Utah Nat Bank $ 200,000 250,000 250,000 100,000 500,000 Salt Lake C i t y Continental Nat Bk. 600,000 _ Deseret Nat Bank_ 500,000 Deseret Sav Bank_ _ 500,000 National Copper Bk. 300,000 Utah State Nat Bank 500,000 Utah Sav & Tr C o .. 300,000 Walker Bros, B ’kers. 1,000,000 Zion Sav Bk & Tr Co 1,000,000 113.731 76,534 211,819 319,402 160,559 2,623,893 2,218,264 3,420,276 7,201,889 5,044,402 Per share. 105 255 155 132 170 110 280 275 95 210 10 Per share. 211,962 10,908,757 100 120 701,986 5,230.551 100 270 273,193 6,159,224 100 197 128,640 6,105,390 100 120 433,535 8,950,036 100 183 163,766 1,653,871 100 137 604,662 20,548,637 100 239 711,388 11,241,621 100 285 140 272 200 140 186 145 242 293 * Sale price. aM arch 27, 1925. d Now Central Nat’l Bank, p Amount paid in. a;Ex-dividend, y Closely held. I Last sale, n April 6 1925. e Sold with First National Bank, u Succeeding Texas Bank & Trust Co t Ex-rights. } Includes American Trust Co. rn Present stock represents anticipation in one-half original capital, g Oct. 31 1925 b June 30 1925- 64 WEST VIRGINIA — N ational banks Sept 28; State institutions Sept 28. VERMONT — National banks Sept 28. Surplus & Profits. Capital. Barre— Granite S B & Tr Co People’s Nat B an k .. Quarry S Bk & Tr Co S 75,000 100,000 100,000 $ 70,000 153,246 49,328 Gross Deposits. Par. Bid. Per $ 2,367,942 3,837,507 1,703,058 100 100 100 4,075,809 2,273,869 570,000 5,453,482 share 125,000 500,000 150,000 250,000 174,902 342,592 215,500 484,745 Montpelier— Capital 8 B & Tr C o. First National Bank. Montpelier Nat Bank M ontp’r S B & Tr Co 100,000 100,000 150,000 100,000 200,705 86,692 el55,150 226,533 2,826,995 100 2,153,826 100 1,880,845 100 4,598,848 100 165 125 125 350 Rutland— Baxter Nat Bank. . Clement Nat B an k.. Killington Nat Bank Rutland Co Nat Bk. Rutland Trust C o_ _ 100,000 100,000 100,000 100,000 50,000 106,000 274,329 *141,734 136,516 268,988 679,000 2,740.032 391,628 1,366.018 2,284,987 100 100 100 100 50 185 260 130 125 200 Per share. Per share. N orfolk— Citizens Bank______ Nat Bk of Commerce Trust Co o f Norfolk. Merch & Planters Bk Norfolk Nat B an k.. Seaboard Nat Bank. Virginia Nat B an k.. Petersburg— Petersburg Sav & T r. Nat Bank o f Petersb. Vlrginia Nat B an k.. P ortsm outh— American Nat BankBank o f Tidewater.. Citizens Trust C o_ _ First National Bank. Merch & Farmers Bk R ichm ond — American Nat Bank. Bank o f Comm & T r. Broadway Nat Bank _ Central Nat Bank_ First National Bank. Mech & Merch Bank Merchants Nat Bank State & City Bank & Trust C o________ Planters Nat B an k.. Sav Bank of Richm’d Union Bk of R ichm .. West End Bank___ Federal Trust C o_ _ Richmond Trust C o. Virginia Trust C o___ R oan oke— American Nat BankColonial Nat B an k.. Day & Night Bank of Roanoke_________ First National Bank. Nat Exchange Bank. Mountain Trust B k. 1 1,320,779 982,931 694,472 83,129 389,796 Per share. 1,000,000 800,475 5,462,285 1,200,000 1,688,386 15.615,866 1,000,000 909,568 6,378.927 375,000 1.500,000 50.000 1,000,000 1,406,258 10,698,493 1,000,000 771,699 7.171,718 500,000 230,335 4,046,749 500,000 600,000 1,000,000 685,000 158,264 246,106 280 225 Per share. 100 235 100 300 100 175 240 305 190 100 239 100 195 100 175 242 200 180 Per share. 3.351,000 100 100 3,017,843 100 4,554,231 100 115 115 125 2,861,883 1,018,066 561,167 2,900.000 2,798:785 100 100 100 100 100 120 140 115 190 175 1,000,000 996,373 15,057,542 500,000 683.495 4,045,009 300.000 101,629 1,670,351 1,000,000 819,300 6.581,601 2,000,000 2,764.547 32,322,992 200,000 1.603,314 196,451 1,000,000 1,519,219 17,894,660 100 100 100 100 100 100 100 255 230 128 250 285 225 270 260 240 135 260 1,350,000 1,491,535 24,445,356 25 58 1,000,000 2,103,684 19,321,423 100 200,000 25 107 463,135 2,096,379 500,000 50 992,565 2,285,135 100,000 1,583.892 25 79 186,479 400,000 10 914,549 198,357 15 1,000,000 248,418 3,194,825 100 97 1,000,000 1,861,845 6,127,273 100 515 Milwaukee— Badger State B an k.. Bay View Com & S B Central State Bank. . City Bank___ ___ First Wisconsin N Bk Grand & Sixth N Bk Home Savings Bank. Holton Street Bank American Nat Bank. Marine Nat Bank_ _ Marshall & Ilsley Bk Merch & Farm State Merch & Manuf Bk Milw Comm'l Bank. Mitchell St State Bk. Nat Bk of Commerce Nat Exchange Bank. Northwestern Nat Bk Park Savings B an k.. Second Ward Sav Bk Security Bk of M ilw. Vliet St State Bank. 300,000 600.000 200,000 400,000 500,000 760,000 136,685 118,084 e42,115 245.804 239,992 e205,000 e301,062 125 160 120 200 200 Per share. 295 Wisconsin State Bk North Avenue State First Wise Trust C o. 1,950,000 100 225 260 176H 265 165 _____ 225 140 _____ 250 350 _____ 245 100 275 6,599,471 669,440 A sk. Per share. 380.000 5,704,703 100 600,000 2,657,178 100 246.737 100,000 539,316 4.431,580 100 500,000 662,152 5,024,824 100 500.000 1,940,000 100 500.000 e266,000 1,690,150 100 100.000 *205,428 750,000 2,099,583 15,262,967 100 3,426,071 100 300,000 d315,089 500,000 Bid. 400,000 50,000 500,000 60,000 100,000 414,020 35.868 529,428 31,419 117,870 3.637,321 839.682 4,973.931 1,080,478 2,092,648 200.000 100.000 100.000 300,000 6,000,000 200,000 100,000 100,000 1,000.000 500.000 1,000.000 200.000 400.000 100,000 200,000 1,000,000 500,000 200,000 200,000 1,000,000 100,000 200,000 400.000 100.000 200,000 800,000 267.761 57.659 36,726 93,474 4,862,689 50,000 61.747 *18,728 400.098 1,361,196 1,776,631 141.572 299,582 53.927 151,278 488,707 880,517 8,531 161.904 2,696.149 *64,902 39.341 565.066 e337,033 *151,815 1,192,692 100 100 100 100 100 6.062.079 2,465.081 1,179,971 2,675,010 91,962,996 610,427 1,798.747 1,128,444 10,862.459 10.335,049 25.707,337 2,914,503 2,726,675 1.895.878 3,354.403 9,211 .051 8 755,640 731,769 3,015,373 35,629.613 1,260,029 1,123.877 3,415,191 3,737,435 3.324,814 2.550,117 Per share. 215 150 225 150 210 _____ Per share. 100 150 100 176 180 100 109 100 215 112 220 100 100 100 100 100 100 121 116 268 216 112 155 145 100 140 100 210 105 162 Yi 167H ioo 125 100 175 345 ioo 170 100 WYOMING— National banks Sept 28. Cheyenne— American Nat Bank. Cheyenne State Bank Citizens Nat B an k.. First National BankStock Growers N B k. 160 996,000 100 90 35,500 775,800 6,587,878 100 500 962,665 11.941,209 100 450 1,572,752 20 22 217,274 I Last sale, 100 100 100 100 100 100 100 100 100 100 100 100 100 100 165 270 335 175 Per share. 2,918,670 875,119 1.776,118 5,768,489 4,236,898 100 1 Faile d 100 /July 9 1924 100 Returns are all o f date Sept. 30, 1925. NOVA SCOTIA. Capital Paid in. 24 Reserve Fund. Prices are 95 per cent, Deposits. P ar. not per shar e. Halifax— S $ Bank of Nova Scotia 10,000,000 19,500,000 184,753.462 100 Bid. A sk. Per cent. 280 ONTARIO. Per share. 100 100 219 100 260 100 156,076 23,975 el68,937 e211,621 98,086 250.000 100.000 100,000 200,000 400,000 CANADA. 15 H 99 1,980,000 100 180 2,737,388 100 180 Seattle— 400.000 Bank for Savings___ 968,013 200.000 Canadian Bk o f Com 48,791 5,215,463 Dexter-Horton N Bk 2,200,000 38,160,932 500.000 First National Bank. 958,847 14,264,999 Japanese Coml Bank 1,617,232 100.000 831,996 300.000 M arine N a t B ank___ 108,009 4.533,225 500.000 Metropolitan Nat Bk 129,608 6,825,136 Nat Bk o f Commerce 1,000,000 376,444 22,637,189 500,000 1,060.893 4,968,746 Nat City Bk of Seatt 100,000 People’s Sav B an k.. 347,955 5.047,262 Seattle Nat Bank_ _ 1,000.000 144,123 25,369,064 600,000 1,143,534 2,027,754 Am Sav Bk & Tr C o. 200,000 115,403 2,444,211 University Nat Bank 102,521 Spokane— 100,000 2,193,273 American Bank_____ 200,000 Brotherhood Nat Bk 92,764 2,306,159 Exchange Nat Bank- 1,000,000 76,745 10,274,101 5 0 0 ,0 0 0 303,810 4,230,047 Fidelity Nat B an k.. 163,147 19,992,536 Old National B an k.. 1,200,000 Spok & East Tr C o_. 1,000,000 419.136 10,428,468 200,000 Washington Trust Co 483,095 1,621,525 143,054 Tacoma— ,000.000 Nat Bank o f Tacoma 455,707 16,127,724 300.000 Puget Sound Nat Bk 87,824 3,186,356 P ar. % 60 37.5 500,000 250,000 250.000 300,000 500,000 WASHINGTON— National banks Sept 28; State institutions Sept 28. * Sale price. $ 103,750 WISCONSIN— N at banks Sept 28; State institutions Sept 28. La Crosse— Batavian Nat Bank. Exchange State Bank Nat Bk of La Crosse. Security Savs Bank. State Bk of La Crosse Per share. 5,539,946 100 3,979,004 100 3,547,834 100 240 687.660 100 107 2,590,956 100 333 Half Dollar Sav Bank Nat Bank of W Va._ Nat Exchange Bank Cent Union & Tr Co So Side Bk & Tr Co . Dollar Sav & Tr C o. Security Trust Co . _ Wheeling Bank & Trust C o________ $ 100,000 135 ......... VIRGINIA— N ational banks Sept 28; State institutions Sept 28. L yn ch bu rg— First National Bank- 1,000,000 Lynchburg Nat Bank 1,000,000 500,000 People’s Nat B ank-. 200.000 Mutual Sav Bk & Tr Lynchburg Tr & S B_ 300,000 Wheeling— Centre Wheeling Sav Citizens’-Mutual Gross Deposits. Surplus & Profits. Capital. Ask. 180 150 1(H 135 ) 40 60 100 150 Burlington— Chittenden Co Trust Howard Nat B an k.. Merchants Nat Bank Burlington Trust C o. a April 6 1925. [Yoii. 121. BANKS AND TRUST COMPANIES 265 Toronto— Bank of Toronto___ Can Bank of Comm . Dominion Bank___ Imperial Bank of Can Standard Bank_____ 170 275 340 180 95,000,000 20,000.000 6,000,000 97,000,000 4,823,400 6,000,000 20,000.000 7.000.000 7,500,000 2,900,000 86,036,700 378.382,950 89.833,230 93,737,706 71,643,378 100 100 100 100 50 Per cent. 212 2233^ 215 209 195 215 224 216 210 QUEBEC. Per share. 165 175 120 100 150 105 150 125 102 160 108 155 100 160 100 100 175 125 Montreal— Bank of Montreal_ _ Banque Canadienne. Provincial Bk of Can Royal Bk of Canada. 29,916,700 29,916,700 595,963,731 5,500,000 5,500,000 97,887,456 3,000,000 1,500.000 34,418,347 24,400,000 24,400,000 584,723,649 Per cent. 100 259 100 155 100 100 246 260 247 M SASKATCHEWAN. Weyburn— Weyburn Secur Bank g This is capital paid in; authorized amount la larger, x Ex-div. 524,560 225,000 e June 30 1925. 3,089,299 d Mar. 31 1924. 100 h New stock