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BANK AND QUOTATION SECTION COMMERCIAL & FINANCIAL CHRONICLE. Copyrighted in 1920. according to Act of Congress, by WILLIAM B.))ANA COMPANY.in office of Librarian of Congress. Washington, D.0, NEW YORK, FEBRUARY 14 1920. VOL. 110. NO. 2851 REVIEW OF JANUARY. The first month of the new year was marked by a of important events. On Jan. 10 represennumber furnished is The Bank and Quotation Section, issued monthly, without extra charge to every annual subscriber of the Chronicle. of such of the Great Powers as had the tatives The Railway and Industrial Section. Issued semi-annually In April and October, is also furnished without extra charge to every annual previous June 28 joined in signing the Treaty of Peace Chronicle subscriber. at Versailles, exchanged formal ratifications which The Railway Earnings Section. Issued monthly, containing the sworn returns of earnings and expenses filed each month with the Inter-State put the treaty into effect. Two days before, on Commerce Commission, is likewise furnished without extra charge to every annual Chronicle subscriber. Jan. 8, President Wilson in a letter to the Jackson The Electric Railway Section, issued twice a year. in March and September. is also furnished without extra charge to every annual subscriber Day dinner held at Washington, made plain his attiof the Chronicle. The State and City Section will hereafter be issued semi-annually in tude with reference to the reservations and interpretaJune and December. It Is furnished without extra charge to every anntial tions which the Senate proposed attaching to the subscriber of the Commercial & Financial Chronicle. The Bankers' Convention Section. Issued yearly, giving the detailed treaty as a condition of its ratification. The Presiproceedings of the annual convention of the American Bankers' Association, is likewise furnished without extra charge to Chronicle subscribers. dent's stand was one of uncompromising hostility to Terms for the Chronicle. Including the six supplements above named. are Ten Dollars per annum within the United States, Thirteen Dollars the course of the Senate. On Jan. 16 the League of (which includes postage) in Europe. and $11 50 in Canada. Pilo covers for the Chronicle are sold at 80 cents each (which includes Nations was definitely organized at Paris, the United postage). Pile covers for Supplements can be had at same price. States, of course, not participating in the organization CHICAGO OPPIOE.-39 South La Salle Street. as it had not yet ratified the Treaty. inasmuch Gardens, C. E. Drapers' LONDON OPPICE.—Edwards & Smith. 1 Later in the month a formal demand was made by WILLIAM B. DANA COMPANY, Publishers, the Supreme Council upon Holland for delivery of Front, Pine and Depeyster Streets, New York. Kaiser Wilhelm for trial and was refused by the Government of the little Dutch nation. In France, Premier Clemenceau, who had played such an active part in the peace negotiations,failed to obtain the Presidency TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES of the French Republic, and thereupon relinquished Page office, a new cabinet being formed under Alexandre Page New Orleans, La.— Atlanta. Ga.— Whitney-Central Nat. Bank_.... 5 Millerand, Governor pf Alsace. Another event of 6 Atlanta National Bank the month was the action of ta Supreme Council in Baltimore, Md.— New York, N. Y.— commercial relations with Russia. National Bank of Baltimore__ 6 1 deciding to reopen Chemical National Bank 6 Site Deposit & Trust Co Coal & Iron National Bank— 1 In this country the banking situation, continued to 12 Farmers' Loan & Trust Co leading to further ad1 occasion considerable anxiety, Hanover National Bank Boston, Mass.— 1 vances in the rediscount rates of the Federal Reserve Seaboard National Bank 2 lational Union Bank banks. At the same time, there was renewed colNorfolk, Va.— Chicago, on the leading countries 7 lapse in foreign exchange rates 8 Norfolk National Bank Chicago Trust Co 8 Continental & Com'l Nat. /3k further new low recestablishing of Europe, thereby 9 Corn Exchange Nat. Bank monetary tension, the and of this result a as ords; and Live Stock Exchange Nat. Bk.,- 8 Paterson, N. J.— First National Bank National Bank of the Republic 8 depression once more dominated business on the Stock Exchange and the security markets. Cincinnati, Ohio— Philadelphia. Pa.— President Wilson's stand towards the Peace Treaty Fifth-Third National Bank..___ 2 a Corn Exchange Nat. Bank 4 formed the text of his message to the Jackson Day First National Bank Fourth Street National Bank— 8 Cleveland. Ohio— 8 by members of 5 dinner held at Washington on Jan. 7 Franklin National Bank First National Bank 3 the Democratic Party. The dinner followed the Girard National Bank Union Commerce National 13k • 7 4 Girard Trust Company National Committee, at Market Street National Bank 8 meeting of the Democratic Detroit. Mich.— National Bank-- 4 which San Francisco was chosen as the meeting place Philadelphia 6 First & Old National Bank 6 Tradesmen's National Bank-- 4 of the National Convention, and June 28 was deterPeople's State Bank • mined upon as the date for the convention. PresiProvidence. R. I.— Fort Worth, Texas— 2 dent Wilson in his message declared that "we cannot Merchants' National Bank Fort Worth National Bank-- 5 rewrite this treaty." "We must," he said, "take it Jersey City, N. J.— Mo.— Louis, St. without changes which alter its meaning, or leave it, 2 First National Bank National Bank of Commerce-- 5 and then after the rest of the world has signed it, we Los Angeles, Cal.— must face the unthinkable task of making another • 0 San Francisco, Cal.— Citizens' National hank 9 Nat. Bk.. l'aris & London Anglo separate treaty with Germany." The Presided and 9 First National Bank noted that he had "endeavored to make it plain that Worcester. Mass.— Milwaukee, Wis.— if the Senate wishes to Say what the undoubted Merchants' National Bank...—. 2 BANK AND QUOTATION SECTION INDEX First Wisconsin National Bank_ 7 14 MONTHLY REVIEW meaning Of the League is I shall have no objection. There can," he said, "be no reasonable objection to interpretations accompanying the act of ratification itself; but," he continued, "when the treaty is acted upon, I must know whether it means that we have ratified it or rejected it." He observed that "if there is any doubt as to what the people of the country think on this vital matter, the clear and single way out is to submit it for determination at the next election of the voters." The salient part of the President's letter, read at the dinner, follows: [VOL. 110. On Jan. 10 the Treaty of Versailles was formally put into effect and on Jan. 16 the League of Nations was brought into being. In other words, on Jan. 10 representatives of the Powers which had approved the treaty of peace signed at Versailles the previous June 28 deposited their certificates of ratification and signed the proces-verbal which' put the treaty into effect. Peace became effective at 4.16 o'clock. Simplicity, it is said, marked the ceremony, which took place at Paris in the Clock Hall of the French Ministry of Foreign Affairs. Before this ceremony the representatives of England, France, Italy and Japan had met the two German envoys in the office of the French Foreign Minister, and the Germans had signed the prot icol binding their nation to pay for the sinking of the German naval fleet in Scapa Flow in June 1919 and to carry out the unfulfilled terms of the armistice of Nov. 1918. That done, the Premiers and the Germans were escorted to the Clock Room, where were gathered the diplomats of nearly all the nations of the world; for, besides those signing, other invited statesmen attended the ceremony. The United States was not represented. An invitation to attend the affair had been extended to the "representatives of Powers participating in the Peace Conference but not having ratified the treaty." This was done at the proposal of Premier Clemenceau it was said, its principal purpose being to permit American Ambassador Wallace to be present at the event. His failure to accept the invitation was attributed to the fact that he had not received instructions from Washington to do so. The entire ceremony was over at 4.16 o'clock, when M.Clemenceau rose and said: The United States enjoyed the spiritual leadership of the world until the Senate of the United States failed to ratify the treaty by which the belligerent nations sought to effect the settlements for which they had fought throughout the war. It is inconceivable that at this supreme crisis and final turning point in the international relations of the whole world, when the results of the great war are by no means determined and are still questionable and dependent upon events which no man can foresee or count upon, the United States should withdraw from the concert of progressive and enlightened nations by which Germany was defeated, and all similar Governments (if the world be so unhappy as to contain any) warned of the consequences of any attempt at a like iniquity, and yet that is the effect of the course which the United States has taken with regard to the Treaty of Versailles. Germany is beaten, but we are still at war with her, and the old stage is reset for a repetition of the old plot. It is now ready for a resumption of the old offensive and defensive alliances which made settled peace impossible. It is now open again to every sort of intrigue. The old spies are free to resume their former abominable activities. They are again at liberty to make it impossible for governments to be sure what mischief is being worked among their own people, what internal disorders are being fomented. Without the covenant of the League of Nations there may be as many secret treaties as ever, to destroy the confidence of governments in each other, and their validity cannot be questioned. None of the objects we professed to be fighting for has been secured, or can be made certain of, without this nation's ratification of the treaty and its entry into the covenant. This nation entered the great war to vindicate its own rights and to protect and preserve free government. It went into the war to see it through to the end, and the end has not yet come. It went into the war to make an end of militarism, to furnish guarantees to weak nations, and to make a just and lasting peace. It entered it with noble enthusiasm. Five of the leading belligerents have accepted the treaty and formal ratifications will soon be exhausted. The question is whether this country will enter and enter whole-heartedly. If it does not do so, the United States and Germany will play a lone hand in the world. The maintenance of the peace of the world and the effective execution of the treaty depend upon the whole-hearted participation of the United States. I am not stating it as a matter of power. The point is that the United States is the only nation which has sufficient moral force with the rest of the world to guarantee the substitution of discussion for war. If we keep out of this agreement, if we do not give our guarantees, then another attempt will be made to crush the new nations of Europe. The protocol having been signed, as well as the minutes recording the exI do not believe that this is what the people of this country wish or will of ratifications, I have tho honor to declare that the Treaty of be satisfied with. Personally. I do not accept the action of the Senate change Versailles is in full effect and that its terms will be executed integrally. of the United States as the decision of the nation. I have asserted from the first that the overwhelming majority of the people of this country desire the ratification of the treaty, and my impression to that effect has recently been confirmed by the unmistakable evidences of public opinion given during my visit to seventeen of the States. I have endeavored to make it plain that if the Senate wishes to say what the undoubted meaning of the League is I shall have no objection. There can be no reasonable objection to interpretations accompanying the act of ratification itself. But when the treaty is acted upon. I must know whether it means that we have ratified or rejected it. We cannot rewrite this treaty. We must take it without changes which alter its meaning, or leave it, and then after the rest of the world has signed it, we must face the unthinkable task of making another and separate treaty with Germany. But no mere assertions with regard to the wish and opinion of the country are credited. If there is any doubt as to what the people of the country think on this vital matter, the clear and single way out is to submit it for determination at the next election to the voters of the'nation, to give the next election the form of a great and solemn referendum, a referendum as to the part the United States is to play in completing the settlements of the war and in the prevention in the future of such outrages as Germany attempted to perpetrate. The exchange of ratifications and coming into effect of the treaty was considerably delayed beyond the time originally set by the Peace Conference because of Germany's refusal to accept the terms of the protocol of the previous Nov. 1 without modification. Cablegrams from London made it plain that "ratification of the Treaty of Versailles had failed to elicit any expression of joy from the London papers." General regret was expressed over the failure of the United States to ratify and sign the document. The "Telegraph" said that "the failure of America to sign and to ratify the treaty stands for the bitter disFollowing the publication of President Wilson's appointment of the hope that glowed with peace for letter, Senator Lodge, the Republican leader in the humanity a year ago." A similar feeling, it was Senate, issued a statement in which, in taking cogni- reported, existed in the French capital. One correzance of the President's stand on the Treaty question, spondent observed that "it is true the League will he expressed 'the fear that the latter had now made be brought into being, but the absence of the father impossible the hope "that in the Senate we might at the birth of the child threatens the life of the have come together and ratified the Treaty, protected. infant." He also added that "it promises to be by the principles set forth in the fourteen reserva- very puny in the first days. For the League of tions." "The President," Senator Lodge said, Nations was planned as something infinitely bigger "places himself squarely in behalf of internationalism than the Treaty of Versailles, and it appears now as against Americanism." something much smaller. Instead of the Treaty of While President Wilson in his Jackson Day Versailles being one of many world agreements to message declared that we must take the Peace rest under the aegis of the League, the League finds Treaty without changes, William Jennings Bryan itself a mere tool for the enforcement of the treaty one of the principal speakers at the dinner, asserted with Germany." The "Journal des Debats" of that "we must either secure such compromises as Paris, in a leading article, advised Europe "to cease may be possible or present the issue to the country." throwing stones at President Wilson on the one hand The latter course, he added,"would mean a delay of and at the Republican Senators on the other." The at least fourteen months and then success, only in paper observed also that "if Europe wants American case of our securing a two-thirds majority in the partnership in the regeneration of world affairs, Senate." Mr. Bryan preceded these assertions with abusing America is a very poor way to obtain that the statement that he, like the Democratic Senators, partnership." had stood with the President for ratification without The League of Nations was organized at Paris on reservation, but he said "our plan has been rejected Jan. 16, as already stated. The governments repreand we must face the situation as it is." We cannot sented were those of Great Britain, France, Italy, afford, he said, to share with the Republican Party Spain, Belgium, Portugal, Greece, Japan and Brazil. responsibility for further delay; the Republicans he The chairman of this first meeting, the French went on to say, have a majority in the Senate, and statesman Leon Buorgeois, pointed out in his address therefore can by right dictate the Senate's course. to the delegates.that the organizing of the League being in the minority, he continued, "we cannot would not be complete until the Assembly of all the demand the right to decide the terms upon which States to be represented in it shall have convened. the Senate will consent to ratification." But he referred to the date of Jan. 16 1920, as one MONTHLY REVIEW FEB 1920.] 15 At the instance of the Federal Reserve Board, a which "will go down in history as the date of a newy conference was held in Washington on Jan. 6, to world," described the occasion as the first in histor der the interest rates paid by member banks on theming which has witnessed "all free nations leagu ," and consi out-of-town deposits and their relationship to disselves together to substitute right for might by the count rates of the Federal Reserve banks. At this ess the meeting at once began official busin rence a /resolution was adopted in which it certain appointment of a commission to consider . The confe ded as the opinion of the assembled bankers recor was boundary questions under the Treaty of PeaceTreaty, "that the payment of high rates of interest on bank United States, not having ratified the PeacePresident or,commercial balances is unsound and is bad banking was not represented at the meeting, but meeting. and that every effort should be made to avoid such a Wilson nevertheless issued the call for the sions practice." The conference, at which representatives That, however, was a result of explicit provi the clearing houses of various parts of the country in the covenant itself, as adopted at Paris onng of of present, asked in its resolution that a further were meeti 28th of the previous April. "The first Council," meeting be called by the Federal Reserve Board on the Assembly and the first meeting of the by the or about Jan. 23 "to consider this whole question it was then provided, "shall be summoned ca." Mr. of interest on balances in order that some basis may, President of the United States of Amerithe Ameri- be agreed upon that will be mutually satisfactory Wilson's summons was formally cabled to ns whose conducive to conservative banking and benefit the can embassies, for delivery to the natio League. entire business and banking community." In accordgovernments had accepted membership in thebehalf of ance with this request the Federal Reserve Board Its text declared the call to be made "in instruments designated Jan. 23 as the date for the second conthose nations which have deposited theirproce s-verbal ce, and the clearing houses in each Federal of ratification in Paris, as certified in a dated Jan. feren ve city were asked to send three representatives Reser drawn up by the French Government,governments from the respective districts. W. P. G. Harding, 10 1920.' To each of the assenting be Governor of the Federal Reserve Board, who had the President expressed the hope that it would first issued the call for the conference on Jan. 6, declared "in a position to send a representative to this that the Reserve Board was exceedingly anxious that meeting." to there should be no scramble for deposits. There The failure of former Premier Clemenceau ng was lic ought, he added, to be moderation in all banki Repub cter obtain the Presidency of the French caucu chara rary tempo the that s of the methods, and he urged of course an important event. In a ted of deposits both demand and time deposits be kept defea was he ies, Deput of ber Senate and Cham He indicated that there would be very In the in mind. ' by Paul Deschanel by a vote of 408 to 389. nds of various kinds upon the investment 17) dema heavy (Jan. vote in the French Congress the next day and was markets oi this country, and stated that "we feel M. Deschanel received 734 votes out of 889, is for that it is important in financing our permanent reelected on the first ballot. The term of office assume his quirements and long time loans to appeal, not to the seven years, and the new President will indicated a comme rcial banks, but to the investment market." duties on Feb. 18. The Paris dispatches of Clemen- He also said: must difference of opinion as to the significance y generally Unessential loans should be discouraged. Federal Reserve banks al and commercial demands and ready be kept in condition to meet industri ceau's defeat, but it seemed to be prett animosity. to r rags lioizcamitto see icnaleic tsnaot•vaiw ue m b ti i; r mto ns i a t;d o ex n e I claimed that it was the result of personalresulted in is tprovide iatuf:r:OlgentlievregOlf1cund u discourage proto g anythin do we must nor rates, raising lgilldings by The defeat of Premier Clemenceau his E his resignation and in that of all the members of 18. Referring to the rule of the New York Clearing y, Jan. govCabinet as well. This occurred on Sundandre Mine- House and other Clearing House Associations,ts, he President Poincare at once asked Alexa Cabin deposi on paid be to st, et. erning rates of intere of make rand, Governor of Alsace, to form a new to ism critic no had Board the that d state stood The veteran leader, who had just laid down the reins, under ughly thoro it d wishe for Egypt this schedule,.but approval of announced that "he intended to leave soon formed that it could not be hampered in its rand Mille M. s." by any for a sojourn of two month banks ve Reser al Feder discount rates for of ation his Cabinet promptly. It contained only two memassoci any or banks by made t gemen arran Jourdent bers of the Clemenceau Cabinet, namely Paul depen were which st intere Yves le banks as to rates of rates. dain,formerly, as now, Minister of Labor,and tary upon Federal Reserve bank discount Secre Under of on positi rence on confe d Trocquer, who held the secon the of ng Preceding the holdi nceau iation Assoc of State for Liquidation of Stocks in the Cleme e Hous ing Clear York New the 23 Jan. Works. Ministry, and who is now Minister of Public of his on Jan. 16 adopted an amendment to the constitution Premier Millerand, in announcing the policy on balances was red that whereby the maximum interest rate d the matter Cabinet to the Council of Ministers, declamore settle e cours of that 1% and / and fixed at 21 Clearing York "it is the duty of French citizens to produce assum New The s. house ng cleari the all for e consume less, and the duty of the country to debt." House issued the following statement relative to new fiscal burdens to pay the nation's war rates its action: adoption of the On Jan. 22 further advances in discount g House Committee recommended the Board, which had of The Clearin Bank Reserve ve ent in view of the request of the Federal were announced by the Federal Reser the other amendm houses all over the country at the approval of the delegates from clearing gwn, Washin at Board all by Reserve ed Federal the adopt ly with held quent the recent conference New York and subse rate paid on balances and there should be no increase in the interest change that the tant impor g House regulations should most Clearin The under . paid be banks to m ve rate Reser maximu al Feder Bank discount rate for pt that not increase with an increase in the Federal Reserve was in commercial paper, the rate for which (exce ninety-day paper beyond a maximum of 2h %. to % 43 from bankers' acceptances), was increased The discussion in Chicago on Jan. 23 resulted in ed by mending to banks 6%; for advances not exceeding 15 days, secur for re- the adoption of a resolution recom districts that no ve Liberty Loan bonds and Victory notes and Reser the in nies compa trust and was 1 2% available daily net on discounts not exceeding 90 days, a rate of 5/ paid be 23% of s exces 4%, rate in 43 n at the actio the that established as compared with the previous d state was It ces. balan by ed conform to order in while for advances not exceeding 15 days, secur taken was rence confe same Chic ago bankers' acceptances, .and for rediscounts ofagainst to the approval expressed by the Federal Reserve not exceeding 90 days, the rate was made 5%,15 days Board through Governor Harding of the action of ding adopting 2h% 4% previously. For advances not excee 43 tedness, the New York Clearing House ginthe Indeb of icates Certif ury recommendamakin In secured by U.S.Treas rate. mum maxi as its and for rediscounts of customers' notes so secured not declared: nged at tions the conference the Federal Reserve Board should exceeding 90 days, the rate was left unchafavor It is the opinion of this conference that of discounts without reference to any Clearing of in s rates be free to establish its 43 4%, thus re-establishing differential ment of interest. N aisisexasprto ,1i: eapay mipriltsrmwlat! t the Washington meeting by Governor Hardwar obligations. The rate on agricultural paperedwas to "make a scramble for deposits" ing, who appealed to the bankers nots, by by d against a tendency advancing Interest rates on balance and proteste raised from 5 to 6%,and the rate on notes secur funds. ent investm into 0. 77 turn deposits to to 5% from bonds n War Finance Corporatio ' 16 MONTHLY REVIEW [vol.. no. The stock market during January tended strongly of the decree would jeopardize their claims regarding downward and prices broke badly on more than one ownership. The situation reached an acute phase occasion, with declines of large proportions in a long when Carranza troops forcibly stopped drilling on line of stocks. Though there were other contribu- the property of certain companies. The curtailment tory causes, the paramount influence in the down- of drilling had come to have a serious effect on the ward movement was the tenseness of money. The output of petroleum from Mexico. The action theremarket opened encouragingly enough on Jan. 2, fore of the Mexican Government in lifting restrictions after the New Year's holiday on Jan. 1,and on Fri- on the drilling of oil wells exerted an influence of day, Jan. 2, and Saturday, Jan. 3, the tone was considerable importance and this was reflected in a buoyant with sharp and general advances throughout sharp recovery in the prices of such stocks as Mexican nearly the whole list. This was in continuation of Petroleum and Pan-American Petroleum & Transport the upturn which had marked the latter part of De- which, as already noted, had suffered severe declines cember. But the improvement was short-lived and earlier in the month along with other oil properties. soon pronounced weakness developed. The downAnother bullish influence the latter part of the ward movement gradually gained momentum until month Was the favoi able exhibit made by the U. S. at times the market became quite demoralized. Steel Corporation in its statement for the December Growing stringency in money served to produce a quarter which was issued after the close of business general atmosphere of gloom. Renewed collapse in on Tuesday, Jan. 27. The statement showed net foreign exchange accentuated the feeling of depres- profits of $35,791,302 for thc three months, which was sion. Gradually other adverse factors made their larger by several million dollars than the most appearance. The copper shares were unfavorably optimistic estimates which had been current, seeing affected by an absence of demand for copper and that this quarter covered the period when the comweakness in the price of the metal. There were indi- pany had to.contend with the strike inaugurated by cations, too, at times of active efforts by operators the unions affiliated with the American Federation for a decline to shake out stocks and whenever a of Labor. The Steel statement served to impart campaign of that kind is in progress almost any cir- strength to the market the next day,.though there cumstance is made to do duty in depressing the mar- was no great response by Ti. S. Steel stock itself. ket. One such circumstance was availed of on As a matter of fact, however, the 13. S. Steel shares Saturday, Jan. 10, when just before the close of the had not declined much earlier in the month when the half day's business some cable dispatches reported rest of the market was weak. The shares of the that there had been an outbreak of another revo- other steel companies made sharp recovery on this lution in Germany. The following Monday morning, encouraging statement of the U.S. Steel Corporation, when it became apparent that the rumor had been and in addition Crucible Steel favorably inwithout foundation, only slight recovery ensued and fluenced by the announcement ofwas a proposed stock soon there came another drop in prices of large dimen- distribution to represent accumulated surplus. sions. Reports from Washington indicated that the Another development which helped the oil stocks Federal Reserve authorities were determined to was an advance in the price of Pennsylvania crude prevent the use of the facilities of the Federal Reserve oil of 25 cents a barrel to $5 25, said to be the highest banks for any except leg:timate purposes and these price since the Civil War, with bids being made,it was reports were availed of by the bears to keep the stated, of $5 50 a barrel. This action came on top market in a state of anxiety. Furthermore, the of the announcement a few weeks before of increases banking situation was far from satisfactory and the in the price of Mid-Continent Oil, also to new high New York Clearing House banks in their return for records. Jan. 10 showed a deficit in the reserve requirements. The paper stocks like International Paper and About the middle of the month the "promotion" oil American Writing Paper manifested increasing firmstocks were under pressure and suffered drastic ness, owing to the limited supplies of paper and the declines. There were reports that salt water had steady advance in prices. The International Paper appeared at some of the wells in the newer districts Co. wa's said to have made contracts with substanof the Southwest. Middle States Oil shares sus- tially all the large consumers of newsprint paper on tained an especially severe break and other oil shares the basis of $90 a ton as against $70 a ton in the suffered in sympathy. In the general downward previous year. .movement certain active specialties like General The volume of business on the Stock Exchange was Motors common and Studebaker common among the at no time large during the month and with the apmotor stocks and Crucible Steel corn. and Republic parent cessation of bear operations the latter part of Iron & Steel corn, among the steel shares and Mexican the month became quite dull. There were six Petroleum corn, and Pan-American Petroleum & 1,000,000-share days in the first half of the month, Transport corn, were especially weak features and including Jan. 16. The last half of the month there under accumulative declines the losses in these stocks was no day when the transactions came anywhere from the high point at the beginning of the month near 1,000,000, and on several days they failed to ranged all the way from 15 to 50 points or more. reach even half a million shares. The railroad stocks The announcement that the Federal Reserve Bank shared in the general weakness of the market the of New York had advanced its discount rate on com- early part of the month, but the latter part of the mercial paper a full 13% to 6% came on Thursday, month displayed much firmness and often moved Jan. 22, but those who expected a further drastic counter to the general market; indeed, it looked at drop in share properties were disappointed, though times as if they were being used to steady the general the advance was much greater than had been gen- market and prevent the decline in the indiustrial list erally expected. The stock market Friday, Jan. 23, from reaching the point of demoralization'and panic. did open fractionally lower, but no substantial The conferees on the part Of the two Houses of Confurther decline occurred. The rest of the month gress on the bills for the return of the railroads to there was more or less recovery from the extreme low private control failed to come to an agreement on points, notwithstanding some new manifestation of any of the essential points of difference between the the monetary tension. two. A rumor that an agreement had actually Some favoring influences opportunely developed been reached or was impending was responsible bra to help the recovery along. Thus it became known sudden spurt of activity at fractional advances in on Jan. 22 that President Carranza had agreed to prices which came Saturday, Jan. 31. allow drilling of oil wells in Mexico pending enactContrary to the usual course of the money market ment by his Government of a new petroleum law. in January upon the return flow of money from the Under the new Mexican constitution President interior sections of the country, there was no easing Carranza had refused to permit the drilling of wells up of the monetary tension the present year. The' without the taking out of permits. This the oil Clearing House banks in their return for January 10 companies had declined to do,feeling that acceptance again showed a deficiency in their reserve require FEB., 1920.] MONTHLY REVIEW it 7 ments, while the cash reserve to liabilities of the ruled quiet and featureless throughout the month Federal Reserve Bank of New York and also that of with quotations at 6% for 60 and 90 days endorsed the twelve Reserve banks combined dropped to low bills receivable and 6 months single names of choice figures. The Clearing House banks corrected their character. Names not so well known required 6@ impairment the next week, but as on previous occa- 6h7o. Trading was exceedingly light with most of sions did so at the expense of the central institution. the large local and out-of-town institutions temporThe latter in turn had to have recourse to the re- arily out of the market. RATES FOR MONEY IN NEW YORK, WEEKLY. sources of the other Federal Reserve banks whose Week ending— its than stronger Jan.2. Jan. 9. Jan. 16. Jan. 23. Jan. 30. Call Loans at Stock Exchange— combined position was measurably 6-10 7-20 6-8 6-18 for week (mixed collateral). _6-25 7 own, and only in this way alone apparently was able Range 9 6% Week's average (mixed collatem1)_ _13fi 6-8 6-18 6-10 7-20 Range for week (all Industrial coll.).6-25 dropping from requirements to prevent its own cash 9 634 85i Week's average (all industrial co1l.).13% Loans (Mixed Collateral) below the statutory limit. In the statement for Time 7 7-8 7% 7-73 7 Sixty days 7-7% 7-8 7% 7 7 Ninety days Jan. 16 a new item appeared in the return of the Four 7-8 7% 7-7% 7 7 months 7-8 734 7 7-7% 7 Five months New York Reserve Bank. The item told that the Six 7-8 734 7-734 7 months New York institution had as umed contingent lia- Time Loans (All Industrial Collateral) 7 834-9 8-834 8-8% 734-8 Sixty days 735-8 bility as endorser on bir.s rediscounted with other Ninety days 834-9 8-8% 8-834 7%-8 7%-8 8%4 8-8% 8-8% 7M-8 months 7%-8 Federal Reserve banks to an amount of no less than Four 834-9 8-8% 8-8% 7M-8 7)4-8 Five months 8%-9 8-836 8-8% Six months 734-8 7h-8 $79,500,000. This meant tbat the New York insti- Commercial Paper— 6 6 6 6 Doublenames—Choice60 to 90 daYs.5M4 tution had transferred to the custody of the other Single a 6 8 6 names—Prime4 to 6 months_ -5%-6 6-63i 6-63i 8 6 Reserve banks that amount of bIlls which it was unable —Good 4 to 6 months--6 contingent this 24 to take care of itself. On Jan. The foreign exchange market again became utterly liability on bills rediscounted with o.her Federal demoralized and new low records were established Reserv.! banks was found reduced to $43,700,000, over and over again. In the case of sterling the but the Bank's cash reserve to deposit and note decline for the month reached full 30 cents with the liabilities also declined, falling to 394%. In the quotation for the first business day (Jan. 2) the high return for Jan. 31 this ratio of cash increased,slightly figure and the quotation for Jan. 30 the low figure. (to 40.3%), but the contingent liability as endorser Liberal supplies of commercial bills, chiefly against on bills placed with other Reserve banks was in- shipments of foodstuffs and cotton, began to make creased to $50,000,000 and the amount of Federal their appearance at the very opening of the month Reserve notes in actual circulation, after having with the inevitable result of a drop of between four been decreased from $824,944,000 Dec. 26 to $757,- to five cents in the value of the pound sterling. On 906,000 Jan. 16, again rose, first to $761,643,000 renewed offering of cotton and other commercial Jan. 23 and then to $769,170,000 Jan. 30. In the bills coupled with the receipt of lower quotations case of the 12 Federal Reserve banks combined the from abroad and persistent stringency in our local percentage of cash reserve to liabilities, after having money market further sharp breaks occurred and been improved between Jan. 2 and Jan.9from 43.7% this situation continued throughout the month with to 45.4% as a result of a reduction in deposit and trading nervous and excited and the market entirely note liabilities, thereafter dropped lower and lower lacking inherent strength. Such rallies in prices as again with each succeeding week and on Jan. 30 was occurred from time to time were feverish and fitful back to 44.5%. The total of Federal Reserve notes and entirely ephemeral in character. Though there in actual circulation was reduced in a very substantial were suggestions that the delay in ratifying the amount, however, going down from $3,057,646,000 Peace Treaty was playing some part in the general Dec. 26 to $2,844,227,000 Jan. 23, then moving up unsettlement, the underlying causes of the market's again, however, to $2,850,944,000 Jan. 30. On instability seemed still to be found in the abnormal exThursday, Jan. 22, the New York Federal Reserve cess of our exports over imports. A feature throughout Bank raised its discount rates all around as already the month was the great weakness in London with 4% was heavy selling for account of several of the large noted. No change from the old rate of 43 made in the case of advances secured by Treasury London banks. This induced substantially lower Certificates of Indebtedness, while in the case of quotations at that centre each day and that in turn advances secured by bankers' acceptances the rate served to depress rates in this market. It was also 4% to 5%. But for ad- claimed in some quarters that the action of the Federal was increased only from 43 vances with Liberty bonds and Victory notes as col- Reserve Board in urging curtailment of borrowing 0 to 54%, at the Federal Reserve banks had led to the unloading 17 4 lateral the rate was raised from 43 while for rediscounts of commercial paper the rate of a large volume of sterling bills by exporters and 4% to full 6%. was moved up from 43 others who felt doubtful of their ability to carry VOLUME OF BUSINESS ON THE STOCK EXCHANGE. these bills under such conditions. The net result of 1917. 1918. 1919. 1920. Month of January— the continued decline in sterling was that sight bills Stock sales— 16,939,440 13,616,357 11,858,465 10,880,160 No. of shares sold at$3 79, Par value 81.781,060,200 *1,126,755,705 $1,279,740,700 *1,537,971,930 here on London, which on Jan. 2d had Bond sales (par value)— the quotawith down 49, to were $3 30 only Jan. by $89,757,000 $33,092,500 rut.& misc. bonds $52,930,000 $41,335,000 20,000 51,597,500 167,167,500 U.S.Govt. bonds_ 292,436,600 $3 4934@$3 503. Some international 31 Jan. tion and municipal State, 34,835,000 bankers expressed the view that the immediate cause 22,106,500 68,356,000 25,769,000 foreign bonds $124,612,000 $106,796,500 of the heavy break had been the unloading of securi$276,858,500 Total bond sales— 3371,134,000 Call money at the Stock Exchange ruled high ties in enormous volume on the London market by practically'throughout the whole month. Only on French interests eager to obtain sterling credits for Jan. 21 and Jan. 22 did the quotation fail to get the purpose of making remittance here in payment above 6%. On the 2d, the 13th and the 14th the of American exports to France. The weakness in French exchange and Continental high figure was 15%. On the 12th and the 29th, the high was 18%, and on the 30th it was 20%. On the exchange was as pronounced as that in sterling. latter day even renewals were at 12%. These French francs at the close of the month touched levels figures have reference to loans on exclusively in- lower even, it was reported, than those recorded after dustrial collateral as well as on mixed security, no the Franco-Prussian war. sterling in Paris established ' francs against a normal distinction having prevailed at any time during the a new low figure of 47.05 month between the two. On time, money was in parity of 25.221A francs to the pound, while the quoexceedingly light supply and rates were gradually tation here on French checks dropped to 13.44 francs advanced until towards the end of the month 8% to the dollar against 10.75 Jan. 2 and only 5.184 was bid for loans based 'on ordinary mixed collateral francs to the dollar when at par. For Italian lire also for all dates of maturity and 84@9% for loans based the very lowest figure of the month was recorded on on exclusively industrial collateral. Practically no the last day, Jan. 31, when 15.72 lire were required business, however, was done at these figures, trading to make a dollar as against only 13.21 Jan. 2, and being confined to a few renewals. Mercantile paper .only 5.184 when at par. In a word, conditions 18 MONTHLY REVIEW 00 N XXXXXX Wh0M0M X mMNOWN. t irr MM XX XXXX hh0MNN hhhhhh MMMMMM X MCkimahh hhh000 CIMMCOMM XXXXrX 0004,h0h XXXXXX 1115 aum 0 i 4 Commercial Bills. with regard to the Continental exchanges closely paralleled those prevailing in sterling and the month was one of sensational and epoch-marking declines. The German reichsmark at one time got down to only 1.01 as against 2.06 Jan. 2 and against 23.82 cents when the mark is at par. Some recovery ensued later with the quotation for checks Jan. 31 1.18®1.25. The Austrian crown came even nearer approaching the vanishing point than before, getting down on Jan. 26 to only 0.29 cent, though there was a recovery to 0.34@0.36 cent Jan. 31, this,comparing with 0.59@0.62 Jan. 2 and with 20.26 when the crown was quoted at par. Belgian francs dropped even lower than French francs, on Jan. 28 being quoted at only 14.02 to the dollar, this, too, notwithstanding the striking success attending the placing here of the Belgian loan for $25,000,000. Exchange on the neutral centres shared in the general depression, with the exception of rates on Amsterdam and Switzerland. Scandinavian exchange was particularly weak, new low records being established in the rates on Copenhagen, Stockholm and Christiania alike, while the Spanish peseta was also under pressure and registered a substantial decline. The Danish crown sold at only 15.85 cents Jan.31 on checks,against 19 cents Jan. 2; the Swedish crown at 19.35 against 21.35 and the Norwegian crown at 17.45 cents against 20.30 cents. The Spanish peseta on checks dropped from 19.30 Jan. 2 to 18.05 Jan..31. Swiss francs at one time actually were higher, being quoted Jan. 27 at only 5.42 to the dollar against 5.59 Jan. 2; the quotation Jan. 31 was 5.71 francs to the dollar. Guilders on Amsterdam advanced from 3731 cents Jan. 2 to 39/ 8 cents Jan. 28, with the close Jan. 31 37%®383 cents. 110. 00CO rrr rr tiSG12Z astetd@et r rX la2FAcS1 MMMMMM X XXXX X Voli>222 2,141,;322L3 :24"°%44 XX=AM ,m0h00 Nhh000 MMMMMM deDdele acted00 g=XXX hhcr,q1NN 000000 MMMMMM MMMMMM XgX N014 , JNO Ot4600 XgXXX 22=4 40) MMMMMM r r.=t41 •4t?.:› ..gIartalle441 :262:2112(o.00aimin.g3:744;t1= E.ladA de410,50.4@d@ddeAVVED4Setp@edadV .-IgXXXgXXXXX .XXXX "Xgg CO gXgZXXX mcocalccoccoomcc,000cmc....4v,,, ,,m,r .m mmmmmm .mmmmm mmmmmm mmmmmm 00-4 •es O: 11 rXrrrX X XXX XX r c tga c '2ra22 S 4=32 n2gi8 dedOWD dacsIxtad W@ddeS XXgXXM 0, hh Nh00C0 MM MMMMMM XXXX"g NNN.MOM 00h00000 MMMMMM XX4'1 00000000-h 400.0144 10 MMMMMM X 0000.44 mmmmmm Xrrrx r.= =MIRA X rrrr rznyz r rr rXrrr r 00000000 CO0000000 Zo s0i hh hh 00 0h 00 rl gg X 000000000000 @V*VIAD Xg 000VMM hhhhhh XXXXXX MMMONN hhh000 gX :A 00.00000 0000000 .0 10.1.144..1. ...... CO XXgg :A g x X XX 00h0,1.0 000.000-4-4 Whhhhh 40000000 Octed@a) @deebel. einSwa0 (tVel0;s0 4X41 \ PX X41X er.m00.00 00,,NN 000,0n hhhhhh hhhh000 000000 1000000410 MMOMMM 0000M,00 000000000000 MMMMMM :21:!itgg°2 Sg2:222 r .•ox .0...0 .0. hh ,m X X XXr>d rrrrr .4ttinggg.4ggi2gSg..4=7.o3coc..0o.,2,42 26*Pds0446Peteltg5=M11/ 251gt7,1? 0 14===m mmme*mm°mmmmmm .134St.11 mommmm rr rXrrr r rrr rX XXr x i"" """`""' c""&"°,132 0000000000 21%"7:163 00 L3313:141 r io ViVaft XX 0000 -N C MM 00 X =1 rx C00000S0000 00000C -COS) NC -C-000000 40C-00000000 MMMMMM MMMMMM 1 1 1 1 1 1 1 1 12s:Ain 22.44-ivr. MMMMMM 1 1 1 1 1 MMMMMM 1 1 1 1.00.1.00h000 00.000hC000 , , 00.0000N000 , NCINCiNNNNNMM RATES OF EXCHANGE ON CONTINENTAL CENTRES Paris Francs 'January , 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Bankers' Checks Cables Swiss Francs Commercial Sight 60 Days Amsterdam Guilders Antwerp Francs Italian Lire Greek Drachmas - Bankers' Sight Cables Bankers' Sight Cables Bankers' Cables Checks Bankers' Sight Cables Bankers' Checks Cables HOLIDAY HOLIDAY HOLIDAY HOLIDAY HOLI DAY HOLI DAY 10.80a10.7510.78a10.7310.83a10.7810.91a10.86 5.59 a 6.58 5.57 a 5.56 37% aHOLIDAY 37% 37% a 374 10.72a10.6010.70a10.6713.25a13.2113.23a13.19 6.55 6.50 10.79a10.7710.77a10.7510.81a10.8010.90a10.88 5.61 a 5585.59 a 5.56 10.70 13.27a13.2613.25a13.24 6.55 374 37% 10.72 6.50 SUNDAY SUN DAY SUNDAY SUNDAY SUN DAY SUN DAY SUN DAY 10.78a10.7710.76a10.7. 10.81a10.80 10.89a10.88 5.600 5.585.58 a 5.56 10.77a10.7610.75a10.74 13.27a13.26 13.25a13.23 6.55 374 37% 6.50 10.91a10.8010.89a10.7: 10.94a10.8311.02a10.91 5.64 a 5.625.62 a 5.60 37% a 374374 a 375 10.86a10.80 10.84a10.78 13.32a13.28 13.30a13.26 6.60 6.55 11.08a10.90 11.06a10.:: 11.11a10.9311.19a11.01 5.67 a 5.655.65 a 5.63 37% a 37u37% o39% iLhda10.92 10.98a10.90 13.42a13.32 13.40a13.30 6.50 6.55 11.22a11.1711.20a11.1. 11.25a11.20 11.330,1.28 5.67 a 5.665.66 a 5.64 373's a 37% 37% 6.55 a373. 11.15a11.1211.13a11.10 13.44a13.4113.42a13.39 6.50 11.23a11.1411.21a11.12 11.26011.17 11.34a11.25 5.67 a 5.665.65 a 5.64 37% 11.13a11.0811.11a11.0613.46a13.42 13.44a13.40 6.50 37% 6.55 11.16a11.1311.14a11.11 11.19a11.1611.27a11.24 5.67 a 5.665.65 a 5.64 37%a37;4373(.a37 08a11.0311.06a11.0113.43a13.42 % 13.41 11 6.55 6.50 SUNDAY SUN DAY SUN DAY SUN DAY SUNDAY SUN DAY SUN DAY 11.20a11.1511.18a11.13 11.23a11.1811.31a11.26 5.67 a 5.66 5.64 37% a 37% 37% a37 11.08a11.0711.06a11.0513.44a13.42 13.42a13.40 6.50 6.55 11.22a11.2111.20a11.1! 11.25a11.22 11.33a11.32 5.67 a 5.665.65 a 5.64 37% a 374 374 a379 .11.16a11.0811.14a11.0613.44a13.43 13.42a13.41 6.50 6.55 11.33a11.2511.31a11.23 11.36a11.2811.44a11.35 5.65 a 5.625.63 a 5.60 37% a 37 X6374 a 37Z lijoall.17 11.17a11.1513.49a13.4613.47a13.44 6.50 6.55 11.49a11.3511.47a11.3. 11.52a11.3811.60a11.46 5.62 a 5.535.60 a 5.53 37% 11.40a11.27 11.38a11.2613.82a13.56 13.60a13.54 6.50 373 6.55 11.62a11.5911.60a11.5711.85a11.6211.73a11.70 5.56 a 5.555.54 a 5.53 37%a 37% 37X,a 37A 11.57 11.59a11.55 13.71 13.69a13.11 6.50 6.55 11.60a11.5611.58a11.54 11.63a11.5911.71a11.67 5.57 a 5.545,55 05.52 374 11.57a11.5311.55a11.5113.70a13.68 13.68a13.66 6.50 37% 6.55 SUN DAY SUNDAY SUN DAY SUNDAY SUN DAY SUN DAY SUN DAY 11.61a11.6011.59a11.5: 11.64a11.6311.72a11.71 5.60 a 5.585.58 a 5.56 373. a 37% 374 a37% 11.65a11.5711.63a11.5513.72a13.70 13.70a13.68 6.50 6.55 11.82a11.72 11.79a11.70 11.85a11.7511.93a11.83 5.58 a 5.535.56 a 5.51 37M a 37% 37% a37% 11.97a11.7211.85a11.70 13.87a13.82 13.85a13.80 6.50 6 50a55 12.05a11.9712.02a11.9512.08a12.00 12.16a12.08 5.59 a 5.575.57 a 5.55 37% a 37% 37% a37% 12.10a12.00 12.08a11.98 14.12a14.07 14.10a14.05 6.50 6.55 12.06a11.9012.04a11.8: 12.09a11.93 12.17a12.01 5.586 5.575.56 a 5.5537k a 37% 37% a37% 12.15a12.0612.13a12.04 14.14a14.02 14.12a14.00 6.55 11.96a11.9211.94a11.1 I 11.99a11.9512.07a12.03 5.58 a 5.555.56 a 5.53 37%a 37% 37;4a 37% 12.12a12.00 12.10a11.9814.07a14.02 14.05a14.00 6.60 6.50 6.55 12.08a12.0712.06a12.0512.11a12.1012.19a12.18 5.57 a 5.565.57 a 5.5437j a 374 37% a38 12.22a12.1812.20a12.1614.22a14.1614.20a14. 13 6.50 6.55 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 12.52a12.2712.50a12.2512.55a12.3112.63012.38 5.55 a 5.495.53 a 6.47 37% a 38% 38 a 38% 12.70a12.50 12.68a12.5014.52a14.4 2 14.50a14.40 6.50 6.55 12.92a12.7212.90a12.70 12.95a12.7513.03a12.83 5.47 a 5.425.45a 5.4O374 a 37% 38% a39 13.47a13.02 13.45a13.00 15.12a14.82 15 10a14.80 6.50 6.55 13.37a13.1213.35a13.10 13.40a13.1513.48a13.23 5.55 a 5.495.53 a 5.47 395a 39% 39% a 39% 14.02a13.82 14.00a13.8015.52a15.3215.50a15.30 6.55 13.24a13.0213.22a13.00 13.27a13.0513.35a13.13 5.63 a 5.575.61 05.55 38% a 38% 38% a384 13.92a13.5213.95a13.6015.54a15.32 15 52a15.30 6.50 7.60 7.65 13.34a13.2613.32a13.24 13.37a13.2913.44a13.37 5.690 5.675.67 a 5.65 383i a 38% 3n% a 38% 13.67a13.4713.65a13.4515.62a15.59 15 60a15.50 7.60 7.65 13.44,113.:1413.41013 3,13.47a13.3713.55a13.45 571 ,-, K 70 n 69 n 5.60 37% n10S4 9774 n30,413.5003 :1713 FO,13.,015 72a15 117 16.70(715 60 7.60 7.65 Denmark Kroner Sweden Kroner Norway Kroner Bankers' Checks Cables Bankers' Checks Cables Bankers' Checks Cables Jan. HOLI DAY HOLI DAY HOLI DAY 2 -_ 18.92a19.00 19.02a19.15 21.35 21.50 20.30 20.45 3 -19.00 19.15 21.40 21.55 20.30 20.45 4. SUN DAY SUN DAY SUN DAY 5 ____ 18.85 19.00 21.4521.60 20.25 20.40 6 ---- 18.50a18.70 18.65a18.85 21.25a21.35 21.40a21.50 20.05a20.15 20.20a20.30 7-18.05a18.25 18.20a18.3520.95a21.00 21.05a21.10 19.90 20.05 8 __ 17.95 18.10 21.00 21.15 19.85 20.00 17.95 9 -__ 18.10 21.05 21.20 19.85 19.70 10 ___ 18.00 18.15 21.05 21.20 19,90 19.75 SUN DAY 11 -SUN DAY SUN DAY 12 -18.15 18.00 21.15 21.00 19.75 19.90 13 ____ 18.00 18.15 21.05 20.90 19.60a19.70 19.75a19.85 17.80 14 -__ 17.95 21.00 20.85 . 19.60 19.75 17.70 17.86 15 -___ 20.75 20.90 19.35419.50 19.50a19.65 16 _17.70 17.55 20.55 19.25 20.70 19.35 17.65 17 ____ 17.80 20.50a20.55 20.65a20.70 19.45 19.30 SUN DAY 18.-__ SUN DAY SUN DAY 19 -___ 17.50a17.55 17.65a17.70 20.50 20.65 19.45 19.30 17.30 17.45 20 ____ 20.45 20.60 19.25a19.30 19.40a19.45 21 _._. 16.85a17.00 17.00a17.15 20.35 20.50 18.75a19.10 18.90a19.25 22 ____ 16.70a16.85 16.85017.00 20.45 20.30 18.60a18.65 18.75 16.85 23 -__ 17.00 20.45 20.30 18.45a18.50 18.60a18.65 24 -_-_ 16.75 16.90 20.25 20.40 18.25 18.40 SUN DAY 25 --__ SUN DAY SUN DAY 26 ____ 16.50a16.70 16.65a16.8520.10a20.26 20.25420.40 18.25 18.40 27..- 16.40a16.45 16.55a16.60 19.95a20.05 20.10a20.20 18.10a18.15 18.25a18.30 28 ____ 16.35a16.45 16.50a16.60 19.75a19.85 19.90a20.00 18.00a18.05 18.15418.20 29...... 16.00a16.15 16.15a16.3019.60a19.65 19.65619.80 17.75617.90 17.90a18.0E 15.95 16.10 I19.40a19.50 19.E0a19.60 17.45417.55 17.60a17.70 3015.85 31 ___I 16.00 19.35 19.50 17.45 17.60 Berlin Reichsmark: Vienna Kronen Russian Rubles Spanish Pesetas Bankers' Checks Cables Bankers' Checks Cables Exch. Bk'rs' Sight Cable., Bankers' Checks Cables HOLI DAY 2.05a2.06 2.07a2.08 2.00a2.02 2.02a2.04 SUN DAY 2.00a2.01 2.02a2.03 2.01a2.02 2.03a2.04 2.00a2.01 2.02a2.03 1.98a2.00 2.00a2.02 1.94a1.98 1.96a2.00 1.96a1.97 1.9801.99 SUN DAY 1.94a1.96 1.96a1.98 1.93a1.94 1.91a1.95 1.82a1.93 1.84a1.91 1.75a1.81 1.77a1.83 1.67a1.76 1.69a1.78 1.7801.80 1.80a1.82 SUN DAY 1.68a1.74 1.70a1.76 1.E3a1.61 1.65a1.63 1.43a1.50 1.4501.62 1.48a1.53 1.50a1.55 1.38a1.43 1.40a1.45 1.2541.31 1.27a1.33 SUN DAY 1.01a1.17 1.02a1.19 1.05a1.10 1.07a1.12 1.0541.27 1.0701.29 1.25a1.50 1.2701.52 1.13a1.30 1.15a1.32 1.18a1.25 1.20a1.27 HOLI DAY .59 a .62 .61 a .64 .58 a .60 .60 a .62 SUN DAY .50 a .60 .52 a .62 .50 a .53 .52 a .55 .50 a .53 .62 a .55 .49 a .51 .51 a .53 .47 a .50 .49 a .52 .49 a .50 .51 a .52 SUN DAY .48 a .50 .50 a .52 .47 a .49 .49 a .51 .40 a .49 .42 a .47 .38 a .43 .40 a .45 .42 a .43 .44 a .45 .43 a .44 .45 a .46 SUN DAY .40 a .41 .42 a..43 .38 a .39 .40 a .41 .31 a .35 .33 a .37 .35 a .36 .37 a .38 .34 a .36 .36 a .38 .30 a .33 .32 a .35 SUN DAY .29 a .30 .30 a .32 .29 a .31 .30 a .32 .30 a .33 .31 a .34 .33 a .35 .34 a .36 .31 a .35 .33 a .37 .34 a .30 .36 a .38 IIOLI DAY 10.30 19.36 19.00 19.15 SUN DAY Iv 1 19.05 19.17 19.05 19.15 19.00a19.05 19.10a10.15 18.95419.00 19.05a19.10 19.05a19.09 10.15019.19 10.05 19.15 NO SUN DAY QUOTA19.05 10.15 TIONS 19.00 19.10 19.00a19.02 19.10a19.12 19.00 19.10 , 10.00a19.10 19.10a19.20 19.08 19.18 SUN DAY 1 18.95419.00 19.05a19.10 18.65018.95 18.75a19.05 18.80a18.65 18.75 18.65 18.75 18.50a18.65 18.65a18.75 18.08 18.75 SUN DAY 18.65a18.70 18.76a18.80 18.70a18.80 18.80a18.00 18.65a18.70 18.75a18.80 18.35018.80 18.45a18.70 18.20018.40 18.20a18.50 18.05a18.15 18.10a18.25 19 NEW YORK STOCK EXCHANGE MONTHLY AND YEARLY RECORD The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and the year 1919. They need no extended introduction, as they are self-explanatory. The tables embrace every security (excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The black-faced letters in the column headed "Interest Period" Indicate in each case the month when the bonds mature, In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective January 2 1909. tIr For footnotes to tables see last page of bonds and last page of stocks. BONDS-PRICES AND SALES FOR JANUARY 1920 AND RANGE FOR THE YEAR 1919. Int. BONDS Pet.N 1( STOCK EXCHANGE iod. Sales in January 1920. U S Government Securities First Liberty Loan 34s 1st 15-30 year_1932-'47 J -D 11253000 Second Liberty Loan 45 1st L L conv___1932-'47 J -D 1,231,000 1927-'42 M- N 6,176,000 45 2nd L L Third Liberty Loan 1932-'47 L L 1st conv 44s J -D 2,193,000 448 2nd L L conv_1927-'42 M- N 38289000 1928 M- S 45007000 44s 3rd L L Fourth Liberty Loan 21,000 44s 1st LL2nd cony 1932-'47 J -D 1933-'38 A -0 94083000 448 4th L L Victory Liberty Loan 1922-'23 J - D 42865000 4%s cony g notes 3 5 cony g notes_ _ _1922-'23 J - D 31195000 34 April 1930 - J Es cons reg 10,000 April 1930 -J Is cons coup 1925 - F 4,000 ls registered 1925 - F 5,000 4s coupon -F Pan Canal 10-30-yr 2s_Aug 193 1936 -F Registered Pan Canal 10-30-yr 28 regis 1938 -N 1961 Panama Canal 38 1961 Registered State and City Securities 1960 MNew York City-44s 474s Corporate stock_ -1964 M- S 1968 A stock...... Corporate 474s 1967 J -J 43.s Corporate stock stock....1965 J -D Corporate s 4 45-s Corporate stock......1963 M4 Corporate stock___ 1959 M-N 4 Corporate stock--- 1958 M-N 4 Corporate stock- 1957 M- N 4% Corporate stock.- 1956 M- N 1957 M- N ew 4 s 4Corporate stock _1957 M-N 1954 M-N stock Corporate 3 % 1961 MNew York State-4s Highway Impt M- S 1965 MHighway Impt 44s Canal Improvement 48.-1961 J -J Canal Improvement 45-1962 J Canal Improvement 4s-1960 j 1964 Canal Improve't 4%s Canal Improve't 44s_ -1965 - 129,000 46,000 1,000 25,000 67,000 39,000 29,000 18,000 8,000 2,000 180,000 60,000 11,000 Sales in December 1919. PRICES IN JANUARY. Jan. 2. Bid. Ask. Bid. Ask. Sale Prices. YEAR 1919. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 98.24Sale 98.04 Jan. 31 100.40 Jan. 3 98.20 Feb.21 101 1,601,000 93.20Sale 8,698,000 91.80Sale 91.38Sale 90.22Sale 91.30 Jan. 28 93.48 Jan. 5 92.50 Jan. 13 96.00 Apr. 9 90.20 Jan. 31 92.90 Jan. 3 91.00Nov. 28 95.10May 22 3,002,000, 93.40Sale 74,869„00j 92.40Sale 72,064,000 94.98Sale 91.50Sale 90.20Sale 93.00Sale 91.50 Jan. 30 94.00 Jan. 3 92.80Dec. 23 96.60 Jan. 2 90.20 Jan. 31 92.86 Jan. 3 91.12Dec. 23 95.36MaY 27 92.94 Jan. 31 95.00 Jan. 2 93.26Dec. 23 96.60Sept. 26 108,000 101.00 157,795,000 92.30Sale 90.78Sale 99.00 Jan. 28 101.10 Jan. 9 95.42Mar. 12 102.06. Oct 4 90.70 Jan. 31 93.00 Jan. 2 91.00Dec. 23 95.72 Jan. 7 Oct. 80 98.00 Jan. 30 99.40 Jan. 2 98.80Dec. 31 100.08 June 14 98.02 Jan. 30 99.40 Jan. 3 98.80Dec. 31 100.48June 13 7 Aug. 18 101 Jan. 30 101 Jan. 30 9734 Feb. 25 99% 98 Feb. 11 1004 Aug. 21 10534 100 105% 106 105% Jan. 17 10534 Jan. 17 10434 Jan. 22 1064 May 10 3,000 10534 106% 105% 106% 10534 Jan. 5 10594 Jan. 5 103 Oct. 29 10634 Oct. 20 984 Mar. 7 984 Mar. 7 9934 Sept. 11 9934 Sept. 11 53,194,000 98.90Sale 27,278,000 99.06Sale 98.02Sale 98.06Sale 87% Feb. 1 91 884 Oct. 14 91 5,000 88% 89% 88% 90 88% 88% 17,000 93 Sale 4,000 93 96 47% 93 80,000 98% 100% 48,000 99 Sale 31,000 98% 102 40,000 90% Sale 9,000 91 Sale • 5,000 89 100% 99 100% 99 82 98 98 107% 1094 107 13,000 99 74,000 99 107% 108 Mar. 28 Mar. 28 9334 Dec. 23 98 June 28 944 Dec. 23 98 Jan. 16 96 Apr. 9 994 Jan. 2 9834 Dec. 23 10334 June 27 994 Dec. 15 10234 May 27 98 Dec. 17 10234 May 27 8934 Dec. 23 9334 July 18 8934 Dec. 23 9334 July 17 9034 Mar. 3 93%.Aug. 8 9034 May 13 9334 July 18 9834 Dec. 17 1027 June 27 9834 Dec. 16 102 May 28 8154 Feb. 11 83 June 13 98 May 19 98 Aug. 12 107% 10734 Jan. 8 10734 Jan. 8 10634 Mar. 17 108 Aug. 20 9234 Jan. 93 Jan. 93 Jan. 9934 Jan. 99 Jan. 99 Jan. 89% Jan. 8834 Jan. 8934 Jan. • 92% 89 Jan. 4 9934 Jan. 99, 99% 99 Jan. 7934 Jan. 934 96% 964 93 97% 93 99 100% 99 100 99% 99 90 88 90% 88 27 9594 Jan. 26 954 Jan. 30 93 Jan. 13 10034 Jan. 2 10054 Jan. 26 10034 Jan. 8 90% Jan. 30 91 Jan. 12 90 Jan. 19 89 Jan. 27 10034 Jan. 26 10034 Jan. 30 81 Jan. 98 98 98 1094 10734 Jan. 6 108 Foreign Gov't Securities A -0 9,417,000 12,849,000 96% Sale 95% Sale Anglo-French 5-year 58 74,000 74 Sale 29,000 73 Sale Argentine-Internal 58 of 1909 M- s M- N 275,000 68_1934 90% Sale 144,000 92% Sale Bordeaux(Cityof) 15-yr Imperial Chinese Govt58,000 48 109,000 a49 Sale a47 Hukuang Ry sterling 58_1951 J -D 29,000 91% 91% 92% 22,000 91 Rep of Cuba 58 ext debt_ __1904 MA 20,000 85% 86 84% 87 58 ext debt ser A of 1914_1940 F 19,000 751 76% 1949 F - A 4,000 76 Sale 4%s external loan 239,000 121,000 • 97 Sale 97% &Ile Dominion of Canada g 5s 1921 A -0 78,000 83,000 92 Sale 937 94 1926 A do Do 229,000 92% 91% 150,000 1931 A do Do 92 Sale 41,000 981 Sale 2-year gold notes 5%s 1921 F - w 284,000 Sale A F 1829 947 10-year 53s 118,000 a81 Sale a72 Sale Imp Japanese Govt-Z4%01925 F - A 808,000 740,000 96,000 a78% 78% a72 Sale 1925 J 2d series 43.8 107,000 122,000 7634 Sale do German stamp 35,000 a695 Sale a58 Sale 1931 J - J 586,000 Sterling loan 48 207,000 9234 92% 9034 Sale Lyons (City of) 15-year 66..1934 M- N 266,000 N 262,000 M681934 209,000 Marseilles(City of) 15-yr 9234 22% 90% Sale U S of Mexico external gold 25,000 447 a____ 35 J 1809 Q 58 sinking fund a38 loan of 35 9,000 5,000 4434 45 gold debt of 1904_ 1954 J -D 90% Sale 599,000 Sale 754,000 0 6s A 1921 -year 5 P24 Paris (City of) Prov of Alberta deben 4%s 1924 F - A 58% 59 208,000 00% Sale M- S 170,000 Tokyo City loan of 1912 58_ United King of Gt Brit & Irel'd 94% Sale 1,847,000 Sale 2,093,000 5%8 9511-16 1921 N Mnotes 5-year 4,585,000 88 Sale 87% Sale 20-year gold bond 5%8_1937 F - A 2,272,000 93% Sale 5,405,000 3,382,000 Sale 5%s A F 1929 cony 95 10-year 94 Sale 6,629,000 96% Sale 3-year cony 5 Yjs.._Nov 1922 F - A 2,664,000 Railroad Bonds Alabama Mid. See At Coast L Albany & Susq. See Del&Hud Allegh & West. See Buff R P eim Dock & Imp. See Cent of N J 8,000 51% 51% 57% 6,000 Ann Arbor 1st g 45_ _July 1995 Q - j 1,978,000 82% Sale 876% Sale Atch Top & S F-Gen g 45_1995 A -0 851,000 4,000 1995 A -0 Registered 55,000 71% Sale 70 Sale 47,000 Adjustment ig 45..- July 1995 Nov July 1995 Nov Registered Sale 71 69% 281,000 N M1996 70% 142,000 Stamped 725 67% Sale 163,000 66 24,000 50-year cony gold 48___ _1955 J -D 84 8734 89 70,000 -D J 58,000 89% 1910-.1960 Cony 4s issue of 86% 91 88 East Okla Div 1st g 48-1928 M- S Sale 71% 19,000 65 J 13,000 J A....1965 8634 Rocky Mt div 1st 45 76% 24,000 74 76% 22,000 Short Line 1st 48 gold_ 1958J - J 76% 78 4,000 3,000 Cal-Ariz 1st & ref 4%s 1962 M- S 95 95 S Fe Pres & Phe 1st g 58_1942 M- S .Atlan Knoxv & No. See L & N RANGE FOR Highest. 15,816,000 100.00Sale 99% 5,000 Lowest. Jan. 31. Jan. 9534 Jan. 31 96% Jan. 8 Jan. 27 74 Jan. 70% 9034 Jan. 30 9234 Jan. 47 Jan. 26 50 Jan. 9034 Jan. 21 9134 Jan. 744 Jan. 954 Jan. 92 Jan. 91 Jan. 9734 Jan. 9434 Jan. 7234 Jan. 7134 Jan. 76 Jan. 58 Jan. 9034 Jan. 90 Jan. 13 30 2 5 31 31 31 31 8 29 30 28 76 Jan. 9834 Jan. 96 Jan. 9234 Jan. 9834 Jan. 9734 Jan. 82 Jan. 82 Jan. 77 Jan. 71 Jan. 9234 Jan. 9334 Jan. 35 Jan. 23 43 32 Jan. 28 37 9034 Jan. 31 93 58 Jan. 29 61 16 14 30 16 17 15 2 2 14 19 20 20 20 06% Apr. 1 100 Nov. 6 9834 May 19 99% June 9 9634 Apr. 17 99 Sept. 28 3 1063% Jan. 9 10934 Nov. 24 7 954 Dec. 22 973-4 Jan. 31 31 72 Dec. 15 93 Jan. 11 13 923-4 Nov. 22 9234 Nov. 28 20 45q Dec. 16 7234 Mar. 29 90 Dec. 10 100 Apr. 22 83 Dec. 3 933-4 July 18 2 75 Dec. 16 85 May 28 19 9634 Apr. 28 991 July 16 14 92 Dec. 19 985 June 9 24 9034 Dec. 31 93 June 24 26 19 3 7634 Dec. 22 9234 Mar. 47 9 78 Dec. 23 93 Apr. 3 5 76 Dec. 23 89 Feb. 27 6 84 Nov. 24 8034 May 21 14 9294 Nov. 28 9234 Dec. 24 10 9234 Nov. 28 9234 Nov. 24 Jan. 8 43 Jan. 16 40 Jan. 3 92 93 Jan. 5 55 9 14 8 14 9434 Jan. 873-i Jan. 9334 Jan. 9334 Jan. 24 30 31 30 97% Jan. 5 Jan. 90/ 95% Jan. 9534 Jan. 50% Jan. 7654 Jan. 79 Jan. 69 Jan. 3 29 12 23 53% Jan. 8 50 82% Jan. 2 75 79 Jan. 12 76 71% Jan. 3 68 g 943 86 94 95 Nov. 22 59% Mar. 8 Dec. 16 61 Mar. 12 Dec. 16 1004 Feb. 20 Feb. 17 93 Feb. 17 Dec. 15 83 Jan. 11 Dec. 26 904 May 17 Dec. 24 10134 Jan. 2 Dec. 30 9634 NOT. 10 Dec. 30 9834 No.10 Dec. 10 58 Mar. 24 Dec. 3 85% Jan. 4 Sept. 4 82 Mar. 11 Dec. 26 .8034 Jan. 27 69 Jan. 31 7134 Jan. 15 6734 Dec. 22 7034 Jan. 28 6734 Jan. 31 69% Jan. 5 6534 Sept. 17 77 Jan. $ 84 Jan. 30 89% Jan. 3 88 Dec. 20 10234 June J 88 Sept. 27 9234 Jan. aj 65 Jan. 31 6634 Jan. 28 6934 Dec. 11 76 May 14 Jan. 21 7634 7334 Dec. 19 81 Jan. 7434 Jan. 81 Jan. 6 81 Jan. 6 81 Dec. 26 85 Jan. 20 95 June 2t 95 June al 20 J BONDS-STOCK EXCHANGE RECORD Int. BONDS PerY STOCK EXCHANGE iod. Sales in January 1920. ALI Coast L 1st g 4s__July 1952 M- S /(106,000 General unified 4%s_ ___1964 J -D 24,000 Ala Mid 1st guar g 5s___1928 M- N Brunsw & W 1st gu g 45_1938 J -J 8,000 Charles dr Say las g 7s__1936 J - J L & N collat gold 4s_Oct 1952 M- N 141,000 Sav Fla & W 1st g 6s___1934 A 1934 A lit gold 5s Ithin & Danv. Bee South'n Ry lutin & N W. Be. So Pacific malt &0-Pr lien g 830_1925 J - J 243,000 Registered QGold 45 July 1948 A -0 355,000 Registered Q20-year Convert 4%5_ __1933 M- S 1,229,000 Refund & gen 58 ser A__1995 J 542,000 1929 7 - 1,225,000 10-year temp 6s Ptttsb Junc lot g 6s_ _1922.7 - J Pitts Jct & MD let g 3s'25 M- N 6,000 PLE&WVaSys ref g 45-1941 M- N 181,000 8 W Div 1st gold 3%5_ _1925 J - J 275,000 C0Reorg lat con g 4%5 1930 M- S Clay Lor & W con lst g 5s'33 A -0 10,000 Ohio River RR 1st g 6s_ _1936 J -D ,General gold 58 1937 A -0 Pitts Clev & Tol let g 65_1922 A -0 Stat Isl Ry lst gu g 4%5_1943 J -D Tol Cin lst & ref 45 Ser A1959 J - J 31,000 :tech Creek. Bee NYC&HR Salley & Carond. See Ill Cent Aolivia Ry 1st 51 1927 J - J Irani & West. See All Coast L :eft R & P gen g 52 1937 M- S 16,000 1957 M-N Consol 43is 5,000 Allegh & West let g gu 45 '98 A -0 1,000 1943 J - J Cl & Mali let gu g 55 Hoch & Pitteb let g 65_1921 F - A 5,000 Consol let gold Els____1922 - D 1,000 JurlC R & No. Ses C R I & Pac 4.. PIM Sou con gu A 05 1962 A -C 7,000 Registered 1962 A -0 garb & Shawn. See Ill Central larolina Cent. See Saab Air L Caro Clinch & Ohio 1st 5s 1938 J -D larthage dr Ad. SeeNYCdr H 1111dR/aF&N.BesBCR&N iintral Branch. Bee Mo Pacific 114ntra1 Ohio. See Bait & Ohio rant of Ga-lit g 5s_Nov 1945 F - A Consol gold Si 1945 M- N 42,000 Registered 1945 M- N 10-yr temp secured 6s _ _1929 85,000 Chat Div pur money g 4111951 J -D Mac & Nor Div let g 55_1946 J - J J Mid Gs & All Div 581_1947 J Mobile Div let g 5s____1946 J - J fin RR&B of Ga-Col g 1581937 M-N :antral of N J-Gen g 55-A987 J - J 28,000 Registered July 1987 Q - J 2,000 Am Dock&Imp Co gu lis.1921 J J 3,000 Leh & H R gen gu g 55_1920 J - J N Y & L Br gen g 4s1941 M- S :antral Pacific. Bee Bo Pac Co 24int Ver 1st gu g 4s_May 1920 Q - F 24,000 Dates &0--Fund & imp 115_1929 J - J 27,000 lit cons gold 5s 1939161-N 77,000 Registered 1939 M-N Gezeral gold 43s 1992 hl- S 283,000 Registered 1992 M10-year convertible 4%5.1930 F - A 510,000 80-yr cony 5s secur bonds1946 A -0 598,000 Big Bandy 1st 40 1944 J -D Coal Riv Ry lst gu 4s1945 J -D Craig Valley lst g 5s___1940 J - J Potts Creek Br lst 4s.....i946.7 - J - a& A Div lst con g 41i...1989 J - J 1,000 1989 J - J 2d con gold 4s 10,000 Warm Spr Val let g 5s-1941 S Greenbr Ry let gu g 45_1940 M- N *hie & Alt RR-Ref g 3s....1949 A -0 Railway 1st lien g 3%5_1950 J - J Ode Burl & Q--Denv D 4s 1922 F - A Illinois Division 3%s___1949 J - J Registered 1949 - J 1949.7 - J Illinois Division 43 Registered 1949 J - J Nebraska Extension 4s__1927 141-N Registered 1927 NI-N ts ioLnt bonds. See Grt Nor General 45 1958 M- S 1.31c & E Ill-Ref & impt g 411'55 J - J Trust Co ctfs of deposit_ 1934 A -0 lst cons gold 6s General cons let 55 1937 M- N Registered 1937 M- N B M & Tr Co ctfs dep do stamped__ do Guar Tr Co ctfs of dep__ _ Fur money let coal 5s_ _1942 F - A Ch & Ind Coal Ry 1st 55.1936 J - J kb Gt West-let 50-yr 451959 M- S Mc Ind & Lou-Ref g 65_1947 J - .1 1947.7 - J Refunding gold 5s Refunding 4s Series C__1947 J - J Ind dr Loulav 1st gu 45_ _1986 J - J "Mc Ind & Sou-50-yr 45_1956 J - J bic L B & East-lst 4%8_1969 J -D kb Mllw & St PaulGen g 4s Ser A_ ___May 1989J - .7 Gen g 3%s Ser B_ _May 1989J - J General 4%5 Ser C_May 19893 - J Gen & ref ser A 43s Jan 2014 A -0 Gen ref cony ser B fis Jan 2014 F -A 1932 J -D Convertible 4%0 1925 J -D Permanent 4s J 25-year debenture 45_1934 J Ch & L Sup Div g 55_ _ _ _ 1921 J - J Ch & Mo Riv Div 544_1926 J - J Chic & P W let g Bs__ .1921 J - J M & Puget S let gen 451949,J - J Dubuque Div 1st 81 68_.1920 J - J 19::4 J - .7 Wargo & So assum g Mil dr Nor 15t ext 4%s_ .19341J -D Cona ext 4 Ws_ _ 19341J -D Wth cat Minn Div g 58. 1921IJ - .1 Va1 Div let at Re_ 1020 - .1 78,000 235,000 1,000 34,000 31,000 8,000 84,000 17,000 6,000 158,000 1,000 2,000 Sales in December 1919. [Vol,. no PRICES IN JANUARY. Jan. 2• 1 Jan. 31. Bid: Ask:Bid. Ask. 391,000 79% Sale 763 76% 45,000 76% 78 74 92% 96 96 78 83 78 114 225,000 72 Sale 68% 70 103% 105% 90 352,000 83% Sale Lowest. RANGE FOR Highest. YEAR 1919. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 7634 Jan. 29 80 Jan. 5 7534 Dec. 5 75 Jan. 241 78 Jan. 6 7634 Dec. 31 9634 Feb. 18 78 Jan. 29 78 Jan. 29 80 Oct. 1 6834 Jan. 26 7234 Jan. 9 68 105 Sale Prices. 8534 Jan. 6 88 Jan. 4 9834 June 0 80 Oct. 1 Dec. 16 7834 Jan. 17 Aug. 20 10734 Apr. 22 - 1,682,000 67% Sale 80% Sale 79 64% Sale 8034 Jan. 26 8434 Jan. 15 81 Dec. 6 89% May 28 87 Feb. 21 87 Feb. 21 6334 Jan. 26 70 Jau. 2 5934 Dec. 16 82% Jan. 2 4,539,000 60 Sale 2,691,000 64% Sale 500,000 90 Sale 60% Sale 62 Sale 83% Sale 5994 Jan. 26 66 91 Jan. 30 69 8334 Jan. 22 92 75 Sale 495,000 58 Sale 205,000 75 Sale 1,000 87% 1,000 91% 94 79 90 96 28,000 49% Sale Jan. 5 5334 Dec. 17 80 Jan. 5 5534 Dec. 17 82% Jan. 4 Jan. 6 8254 Dec. 19 9634 July 29 80% 60 Jan. 7 75 Jan. 2 82 Aug. 27 Sale 5434 Jan. 30 61 Jan. 5 5194 Dec. 16 Sale 6934 Jan. 31 77% Jan. 5 70 Dec. 12 8734 Sept. 2 91 94 91 Jan. 7 91 Jan. 7 9534 April 4 91% 93% 9534 July 22 79 90% 88 Aug. 18 96 70 55 70 48% Sale 4734 Jan. 27 53 Jan. 8 48 95 91 2,000 92% 95 91 Jan. 27 9294 Jan. 12 81% 82 Jan.. 20 8334 Jan. 15 7,000 79 83% 71% 74 3,000 73% 7334 Jan. 15 7334 Jan. 15 5,000 99% 100% 99 101 99% Jan. 9 10034 Jan. 16 100 100% 100% 103 100 Jan. 6 100 Jan. 6 72,000 87 Sale 83% 70 75 96% 98 3,0001 87% Sale 106,000 92% 93% 76 ' 89% 88 83% 10,000 80% 84% 72,000 99% 100% 3,000 99% 101 3,000 98% 98% 96% som, 85% Sale 8334 70 75 84 95 88 8634 Jan. 31 87 100 Dec. 8 101 10034 Aug. 22 102 89% Sale 8934 Jan. 76 88% 92% 81 83% 84% 81 99% 100 9934 Jan. 99% 9934 Jan. 98% 98 Jan. 98 90% 80% 30 94 Jan. 7 June 3 June 4 4% Dec. 4 9534 Jan. 14 15 8534 Jam 22 88 Dec. 27 68 9234 Dec. 31 99 Feb. 28 79 Dec. 27 88% May 20 70 Dec. 31 8434 July 8( 2 Jan. 8734 July 2i4 78 Jan. 3 864 Jan. 14 89 Mar. 7 95 July 10 96 Jan. 23 9134 Mar. 21 Aug. 7 82 Jan. 34 97% Aug. 5 10034 Mar. 6 Jan. 6 8434 Dec. 12 94% Jan. 9 Jan. 3 92 Dec. 3 993' June 17 74% May 27 753 Mar. 28 9134 Jan. 16 9134 Jan. 10 81 Dec. 24 90 July 21 100 Aug. 27 105 Jan. 3 27 10034 Jan. 9 22 9934 Jan. 22 100 Dec. 15 102 Aug. 23 28 9834 Jan. 9 98 Nov. 22 100 July 28 2,000 54 8,000 79 81% 62,000i 93% Sale 88% 91% 505,0001 74% Sale 81 55 85% 83 93% 92 92 91 75% Sale 50 Jan. 19 70 Jan. 24 50 Dec. 3 65 Jan. 11 82% Jan. 7 8534 Jan. 23 7834 Dec. 22 9334 Jan. 18 93 Jan. 23 95 Jan. 7 9134 Dec. 10 99% Jan. 8 1,295,000 76% Sale 2,164,000 80% Sale 80 70 82% 71 6,0001 78 81 64% 89 20,0001 70% 71% 68 70% 70 7374 Sale 7834 Sale 80 70 82% 71 78% 64% 68 71 7734 66 6834 75 70 7334 Jan. 20 77 Jan. 2 70 Dec. 5 7734 Jan. 29 8134 Jan. 5 7634 Dec. 17 75 Oct. 20 82% May 9 7834 Dec. 16 99 June 9 73 Jan. 13 73 Jan. 13 71 Dec. 6 6434 Jan. 8 65 Jan. 8 70% Oct. 7 46% Sale 46% 48 31 Sale *30% Sale 98% 98% 71% 76% 75 Sale 71% 86% 71% 80% 81% 70,000; 83% 84 83 83 32,0001 91 92% 90% 91 132,0001 350,000 1 261,0001 78 414,000 70% Sale 60,000 21% 26% 20% 20% 159,000 21% 24 101 67 69 9,000 68 60% 42 67 7434 Jan. 15 77 46 Jan. 3034 Jan. 96 Jan. 7134 Jan. 81 104,000 45,000 157,000 442,000 421,000 681,000 169,000 227,000 8,000 426,000 4,000 415,000 781,000 1,185,000 2,600,000 224,000 121,000 40,000 10,000 41,000 118,000 6,000 1,000 1,000 13,000 11,000 • 6,000 49 Jan. 3134 Jan. 96 Jan. 76 Jan. Jan. 29 84 90.34 Jan. 19 93 2 70 7 17 5 2 Dec. 13 83% Jan. 4534 Dec. 23 2934 Dec. 12 9554 Sept. 24 714 Aug. 26 Jan. & 80 79 Jan. 7 90 90 3 8534 June 9134 May 7834 May 8234 May 7834 Dec. 69 June 71 Dec. 70% Oct. 3 27 23 9 16 9 6 7 53 Jan. 40 Jan. 99% May 70% May 10 14 23 14 Aug. 27 8534 Jan. 9 Sept. 23 7934 Sept. 23 Nov.25 9334 Jan. 15 Oct. 16 Oct.9074 to 79% 78 Jan. 28 8134 Jan. 13 76 Aug. 22 83% Jan. 8 21 2034 Jan. 23 21 Jan. 17 21 Dec. 20 36 July 28 24 21 Jan. 23 22 Jan. 21 203-4 Dec. 19 36% May 27 (39% 98 July 28 104 Feb. 20 67 71% Nov. 8 80 July 17 69 68 6354 Dec. 29 80 July 21 57 60 Feb. 17 69 Jan. 14 67 75 May 22 78 July 18 55% 54 54 98% 97 81% 85% 66% 75 71 75 1,000 76% 72 80% 86 82 76% 86 694,000 5434 Sale 971 85 80 66% 71 23 29 5 30 Jan. Jan. 30 5734 Jan. 6 51 Dec. 18 6354 May 19 Jan. 16 97 Jan. 16 9834 Aug. 27 10334 July 28 8534 June 19 8534 June lto Jan. 29 82 6734 67 Jan. 30 67 7134 Sale 6334 583.4 Jan. 9 i 60 5834 597/ 78 Sale 75 Jan. 30 7734 Sale 56 Jan. 2 5834 59 56 Sale 6674 Sale 6534 Jan. 2 66 Sale 67 Jan. 0 68 Sale 68 Sale 70% Sale 70 Jan. 27 703% Sale Sale Sale 5834 5834 Jan. 30 6034 96% 97% 96 Jan. 13 96 99 100 97 9734 9634 9734 9634 Jan. 27 60% 63 63 Jan. 30 61 96% 10034 9834 10034 8034 78 Jan. 9 7734 8034 78 77% Jan. 12 791 89 7434 78 95 9% 95% Jan. 7 9634 97 98 100 100 6034 Apr. 21 63 70 June 12 81 Jan. 29 83% July 3 86 72 Jan. 6034 Jan. 78 Jan. 61 Jan. 7034 Jan. 70 Jan. 7234 Jan. 63 Jan. 9734 Jan. 3 30 30 3 3 3 16 7 21 9834 Jan. 5 65 Jan. 8 78 Jan. 9 77% Jan. 96% Jan. 17 126 May 17 May f, Oct. ti• 64 Dec. 6 7634 Jan. 21 57 Sept. 12 64 July 9 6754 Dec. 5 845 Jan. 21 54 Dec. 19 7454 Jan. 2 6154 Dec. 18 8174 Jan. 9 62 Dec. 18 82 Jan. 4 67 Dec. 21 85 May 21 56 Dec. 26 737-4 Jan. 10 9634 Nov. 25 101 June 14 93 Oct. 29 93 Oct. 29 96 Oct. 20 9934 July 18 60 Dec. 26 74 July 21 9934 Aug. 4 100 Oct. b 9054 Aug. 23 102 Sept. te 8834 Mar. 18 89 May 12 78 Oct. 17 82 July 2 9574 Dec. 31 9834 Jan. 10 09 Jan. 8 9974 Jun. 90 FEB., 1920.] • N Int. PerEXCHANGE iod. BONDS Y STOCK Chicago & North Western1880-1926 F - A Extension is 1886-1926 F - A Registered 1987 M- N General, gold, 3%s Nov 1987 Q - F Regiatered 1987 M- N General 4s 1987 M- N Stamped 1987 M- N General 5s stamped Sinking fund 6s___1879-1929 A 1879-1929 A Registered 1879-1929 A Sinking fund 5s 1879-1929 A Registered 1921 A Debenture Se 1921 A Registered 1933 M - N Sinking fund deb 5s 1933 M - N Registered Des Plnes Val 1st gu 4%81947 M- S J St P East Or Trk 1st 4%s'47 J From Elk & Mo V let 68_1933 A Man GB&NW 1st gu 3%s'41 J Milw & S I 1st gu 3%s 1941 J M L S & West 1st g 6s 1921 M-N 1929 F - A • Ext & imp s f g 5s Ashland Div 1st g 68_1925 M- S Michigan Div 1st g (38_1924 J -J M11 Spar & N W 1st gu 4E41947 M- S St L Peo & N W let gu 581948 - Sales in January 1920. 12,000 29,000 49,000 40,000 11,000 1,000 2,000 3,000 _ 1,000 1,000 2,000 chic RI & Pacific gen g 4s_1988 J - J 114,000 1988 J - J Registered 1934 A _ 0 1,056,000 Refund gold 4s RI Ark & L 4%s rec_1934 M- S 229,000 1,000 Burl C R & No-gold 5s_1934 A -0 C R I IP & N W gu g 5s1921 A -0 M & St L lst gu g 7s___ _1927 J -D Choc Oki & G COI1HOI 5s1952 M-N 4,000 1923 A -0 Keok & Des M let 5e 8,000 St P & K C Sh L 1st 4%s 1941 F - A Ohio St L & N 0. See Ill Cent Chic St L & Pitts. See Penn Co Chic St P M & 0 cons 6s_ _1030 J -D Cons 6s, reduced to 3%s 1930 J 1930 M- 8' 62,000 Debenture 5s North Wisconsin let Os.. 1930 J - J Superior S L let 5s_June 1930 M- S. 1960 J - D Chic T II & S'east 1st 5s Chic & W I gen g Os Dec 1932 Q -M1 161,000 1952 J - J Consol 50-year 4s _ Choc Oki & G. See CRI&P Gin Ham & D 2d g 43-s.... _1937 J - J Chi Fin & Ft W let guA4s'23 M- N 5,000 Day & Mich 1st con 41 s 1931 J AcStL Cin Ind St L & C. See C Ctrs San Ac Cloy. See CCC&StL Clearfield & Mahon. See BR&P 116,000 1993 J -D 0 C C & St L gen g 4s 21,000 ,0_1931 J 20-year debenture 0 1993 J - D Gen 5s Series B Cairo Div let gold 4s__ _1939 J - J 8,000 Gin W & M Div 1st g 4s_1991 J - J 12,000' St L Div let coll tr g 4s_1990 M- N 1990 M- N Registered Sp As Col Div 1st g 4s_ ..1940 M- S 1940 - .1 W W Val Div 1st g 4s Cln I St L AG C cons 63_ _1920 M- N First gold 43____Aug 1936Q - F Registered ____Aug 1936 Q Cm S & Ci cons 1st g 5s.1928 J - J C C C & In gon con g 68_1934 J Ind Bi Sc W 1st prof 4s_ _1940 A -0 0 I & W let prof 5s_Apr 1938 Q 1,000 Poor & East let cons 4s_1940 A -0 10,000 1990, Aprli Income 4s Cleve Lor & W. See Bait & 01 Cleve & Mahon Vail. See Ertel Cleveland & Pitts. See Penn Co 3,000 Cleve Short L-lst gu 4%s 1961 A -0 24,000 Colo & Southern let g 45.._1929 F - A 88,000 Refunding Ac ext 4%s_ _ _1935 M- N 8,000 F W & D City-let g 68_1921 J -D Colum & Hock V. See frock Val Col Conn Sc Term. See Nor & W Conn & Pas Rive 1st g 4s 1943 A - 0 Cuba RR 1st 50-year 5s g_1952 J - J nutting & Waco. See Mo K & T D toelaware Lack & Western- Mor & E let gu 3%8_2000 J NYL&W 1st Os 1921 J 192:1 F - A Construction 5s Term & improvel 4e_1923 M- N War RR 1st ref gu g 3yi _ 2000 F - A Delaware & Hudson1st lien eq 15-yr g 4%s 1922 J - .1 1943 M- N let refunding 4s Convertible 55 1935 A- 0 Alb & Susq cony 3%s_ 1946 A-0 Rene Sc Saratoga let 7s.._1921 M -N Del My RR Brig°. See Penn RR Den & R 0-let cons g 4a_1936 J 1936 J - J Consol gold 43e Improvement gold 55.. _ _1928 J -11 First & refunding Se_ _1955 F - A Trust co cortfs of +lop Rio Or June let gu g 5s..1939 -D the Or Sou let g 4s 1940 Guaranteed 1940 j 1939 - J Rio Or %Vest let g 45_ M & coil tr g 4e Ser A_1949 A -0 St T. Dee M & Ft D. See M Dot & Mack let lion g 4+1_ _1995 J -D 1995 J -D Gold 4s Detroit River TunnelDot Term Tunnel let 4%s '61 M-N Dul Miesabe At Nor gen 53_1941 J Dul & Iron Range let 5E3_1937 A 1937 A Registered Duluth Short Line. See Nor P Dul So Shore & Atl g 5s_ _ _1937 J - J Cast of Mimi. See S M & M 11.4arit Tenn Reor lien. See So Ity East Tenn Va Sc Ga. See So Ity Elgin Job & East 1st g Se._ _1941 M- N consol gold 7e_ 1920 M- S N Y & Erie let tort g 4s.._1947 M-N 1923 M- 8 3d ext gold 4%s 1920 A 4th ext gold 5+1 1928 -D 5th ext gold 4s 21 BONDS-STOCK EXCHANGE RECORD 28,000 6,000 5,000, 1 1,0001 29,000 35,000 6,000 108,0001 12,000' 3,000' 919,000' 7,000 15,000 48,000 8,000 Sales in December 1919. Lowest. Highest. Lowest. Jan. 31. Ask. Ask Bid. Bid. 87% 90 34,000 89% 90 87% 89% 65% 65 162,000 68 Sale 65 61 76 Sale 204,000 76 Sale 77% 78% 19,0001 96% 159,000' 97% 97% 95 101% 102 101% 109 99% 91 98 100 37,000 74% 85% 101 63 99% 95% 101% 98 100% 98 75% 71% 87 91 402,000 75% Sale 1,526,000 67 Sale 182,000 6214 Sale 9058 93 92% 72 89 80 68 21,000 65 8,000 03% 66 80 63 62 106 103 4,000 105 10,000 80 96% 95% Jan. 9 95% Jan. 9 101% 10031 Jan. 5 10034 Jan. 5 74% 91 87 Jan. 19 87 Jan. 19 87% 82 89 70% 68 65 63 85 -- 80 3,000 99% 101 371,000 59% 60 67 102 101 573-4 Sale 86% 72 75 81 8'73 __ 63% _ 138,000 63% Sale 75 18,000 76% 77% 74 84 80 773 71% 7734 2,000 71 043-i 61% 66 17,000 65% 67 65 62 65% 70 70 71 100 100 78% 78% 84 88% 95 101% 70 76 33,000 52% Sale 20 45,000 19 5,000 71,000 214,000 2,000 Jan. 22 873-4 Jan. 100% 93% 88 83 82% 86 74'% Sale 97% 97 88% 101% 70% 76 15 53 18 8534....... 84% 86 70% 71 97% 97 573. Jan. 301 61 81 Jan. 14 81 253,000 673!, Sale 19,000 693 Sale 8,000, 21,000 45 Sale 42% 45 96% 97% 76% Salo 82% 84 69% 104 100 63% 67% 68% 43 3934 16,000 63 39,000 67 Sale 50 23,000 50% 52 55 78 55 116,000 79% 80 95 71 83 Mar. 22 87 Nov. 5 109 Mar. 22 Jon. 21 Nov. 6 1+,1 Nov. 10 99 Sept. 20 104 Aug. 13 104 Dec. 12 7831 Feb. 26 98 May Jan. Apr. May Feb Apr 28 10 14 5 17 8 7934 Mar 6% May 76% Jan 72 Jan 96 Jan 073i Feb 11 15 3 30 3 14 Sale 70 70 45% 15 39% 64 Oct. 25 89 Oct. 25 Jan. 2 70% May 24 2 Dec. 18 7i Jan June 14 June 10 Jan. 2 58 May 8 0734 June 27 102% Oct. 28 154%, June 3 9 52 Dec. 1 €1) Jan. 2 Jan. 14 80 Sept. 25 80 Sept. 25 Jan. 29 643-4 Jan. 5 60 Dec. 19 721/ Jan. 10 Jan. 30 77 Jan. 29 75 Dec. 18 843-- July 14 Nov. 24 87 June 12 82 May 21 6934 Dec. 11 81 21 70 June 2 5 Oct. 62 Jan. 6 60 Jan. 6634 633-4 Jan. 27 6534 Jan. 22 667% Dec. 26 7634 June 19 64 Jan. 19 65 Jan. 15 743-4 Jan. 6 74% JAIL Oct. 20 9984 May 1 101 8234 Sept. 25 84 Oct. 3 -----8234 Sept. 24 13234 Sept. 14 7 Mar. 4 93 Apr. 23 9:•1/ 10234 Oct. 21 107 Feu 17 Nov. 15 15 7631 Nov. 7631 03 75 a 5231 Jan. 2 543-4 Jan. 24 50 18 Jan. 3+) 20 Jan. 3 12 Apr. 24 Jan. 16 31 8534 Jan. 22 8834 Jan. 17 83 813-4 Jan. 27 853-4 Jan. 5 82 70 Jan. 30 75 Jan. 5 72 97 Jan. 5 98 Jan. 8 97 Aug. 18 Nov. 21 Dec. 19 Dec. 30 83 70 70 Jan. 70% 68 :36,000 70 100 100 Jan. 2,000 100% 95 93% 95 93% 92% 93% 923.1 Jan. 9,000 96% 97 81 Sale 86 82 75 70 101 Jan. 2 Sept. 5 98 Fel, 27 Feb. 20 98 Mar. 24 Sept. 2 96% Fen 14 104 Sept. 5 108 8234 Oct. 14 85 5 8734 Nov. 20 97 80 80 2,000 159,000, 162,000 25,000 1003-4 96 100 10174 733.4 93 89 Jan. 8 68 Jan. 8 6.5 10 (33 Jan. 26 Jan. 6634 10434 1-35 1919. Highest. Feb. 17 9734 Oct 713-4 Jan. 27 76% Jan. 2 69 Dec. 13 76% May 15 6434 Jan. 31 67% Jan. 5 6434 Dec. :3 Dec. 22 8 60 Jan. 64 60 Jan. 31 903-4 Jan. 12 9034 Jan. 121 90 Aug. 25 9734 Feu. 14 73 64 Sale 61% Sale 93 90 92% YEAR Sale Prices Sale Prices. Sale Prices. Sale Prices. 90 Jan. 5 92 Jan. 7 88 Dec. 11 93 Aug. 6 92 Oct. 21 92 Oct. 21 65 Jan. 30 683-4 Jan. 21 637% Aug. 26 73% Mar. 5 69 Mar. 20 70% Apr. 9 76 Jan. 29 80 Jan. 3, 73 Aug. 12 8334 Apr. 21 76 Dec. 9 783-4 Nov. 25 963-4 Jan. 30 98 Jan. 8 953-4 Aug. 29 101 Feb. 19 101% Apr. S 106 Oct. 25 9534 Jan. 31 9634 Jan. 26 9634 0534 Sale 943-4 Jan. 29 9434 Jan. 29 9434 97% 96% 97% 97% Jan. 6 9731 Jan. 6 96% 97 7.000 90% 91% 90,4 913-4 9031 Jan. 19 903-4 Jan. 221 90 8731 81% 80% 80% 87 80 80 105 110 110 2,000 97 3,000 6,000 4,000 3,000 RANGE FOR PRICES IV JANUARY. Jan. 2. 3 707 % Jan. 23 70 710034 Jan. 9 9931 9434 9, 94 Jan. 13 923.4 89 8934 8134 99% June 10 Mar. 17 Jan. 16 Oct. 15 Jan 20 Sept. 9 834 Sept. -9 Aug. 23 73 Dec. 26 1007% Nov. 26 101 Apr. 11 95 Apr. Apr. Feb. June 25 14 19 5 96% Jan. 7634 Jan. 833-4 Jan. 723-4 Jan. 151 31 29 14 9674 Jan. 15 96 Jan. 30 97 May 81 Jan. 5 78 Dec. 22 85% Jan. 85% Jan. 101 783-4 Dec. 17 9534 Jan. 7234 Jan. 10' 70% Dec. 1 79% May 1023j Apr. 10 1023j Apr. 8 9 9 29 10 03 Jan. 697% Jars. 7034 Jan. 43 Jan. 4234 Jan. 75 Jan. 291 2 19 29 21) 3 677% Jan. 727% Jan. 7034 Jan. 46 Jan. 4334 Jan. 75 Jan. 75% May 76% May 80 May 0034 July 51 Jan. 19 20 21 29 24 6334 Jan. 27 67 51 Jars. 3 52 .13n. Jan. 3, 171 17 15, 19' 3: 1 1 62 65 70 4334 4734 Nov. 253 Dee. 8 Dec. 3 Dec. 24 Feb. 10 627% Dec. 11 7334 June 11 8 47 Dec. 17 60 May 9 78 77% 76 Jan. 21 80 Jan. 8 72 Dec. 16 at% jula• 9 76 95 May 26 90% Jars. 10 903-4 Jan. 10 8934 Nov. 17 95 89% 92 72 90 92 13,000 95% 98% 80 88 76 91% 92% 07 97 83 83 95 96% 95 82 80 92 92 Jan. 5 98 Jan. 3 80 Jan. 22 92 Feb. 13 8134 Ap;. 28 May 28 1103-4 Sept. 22 96 Jan. 291 953 Dec. 26 10074 Mar. 19 Jan. 3 Jan. 22 913-4 Aug. 28, 92 Scot. li 9734 Dec. 8 9734 Dec. 12 22 BONDS N Y STOCK EXCHANGE BONDS-STOCK EXCHANGE RECORD Int. Period. Sales in January 1920. Erie (Concluded) NYLE&Wgfund 75_1920 M-S 4 Erie 1st con g prior 48..1996 J - J 303,000 Registered J-J let consol gen lien g 45 1996 .1 - J 527,000 Registered J - J Penn coil trust g 4s___1951 F - A 6,000 50-_yr cony g 4s Set A _1953 A 55,000, Do do Ser B_ 1953 A 82,000 Gen cony 48 Series D_ 1953 A -0 Chic & Erie 1st gold 55_1982 M-N 133,000 30,000 Clev dr Mahon Val g 58_ _1938 J - J Erie & Jersey 1st s f 65..1955 J - J Genessee Riv RR 1st f 65'57 J - J Long Dock cons gold 65_1935 A -0 C di RR Co lat cur gu 65.1922 M- N D & Impt Co 1st extd 55.1943 J - J NY&Greenw L guar g 55.1946 M- N NYSusq&W 1st ref g 55..1937 J - J Second gold 4345 1937 F - A General gold 58 1940 F - A Terminal 1st gold 55 1943 M-N Mid of N J 1st ext 5s 1940 A Wilk dr East 1st gu g 55_1942 J -D 2,000 iris dr Pittsburgh. See Penn Co Iv & Ind 1st con gu g 6s 1926 J - J & T H-lst cons g 65 1921 J - J 1st general gold 55 1942 A -0 Mt Vernon 1st gold 65_1923 A -0 Bull Co Brch 1st g 5s 1930 A -0 Vargo AL SOU. See Ch M (lc St P a- la Cent & P. See Seab Air L Fla East Coast 1st 4%5_1959 J -D 11,000 Fort St U D Co 1st g 4%5_1941 J - J 111 W & Rio Gr 1st g 4s_ _ _ _1928 J - J 7,000 allidE San A. See So Pac Co a & Ala. See Seab Air Line Galv Hous & Rend 1st 5s.._1933 A -0 Ga Car & Nor. See Seab Air L Georgia Pacific. See South Ry Gila V G & N. See Sou Pee Co Gouv & Oswegat. See N Y Cent Ot Nor-C B & Q coll tr 45.1921 J - J 1,430,000 , Registered July 1921 Q - J 51,000 let dr refund 43is Ser A_1961 J - J 46,000 Registered 1961 J - J 1 St Paul Minn & ManitobaConsol mortgage 4s 1933 J - J 3,000 1st consol gold 6s 1933 J - J 11,000 Registered 1933 J - J Reduced to gold 4345_1933 J - J 33,000, Registered 1933 J - J 1 Mont Ext 1st gold 45_1937 J - D 35,000 Registered 1937 J -D Pee Ext sterling gu 45_1940 J - J E Ry M No Div 1st g 48_1948 A -0 Minneap Union 1st g 68_1922 J - J Mont C 1st gu gold 65_1937 J - J 18,000 Registered 1937 J - J 1st guar gold 5s 1937 J - J 1,000 Registered 1937 J - J Will & S F 1st gold 58 1938 J -D Greenbrier R. See Ches Jr 0 Green Bay & West deb ctfs A__ Feb Debenture ctfs B Feb 21,000 G&ShI 1st ref & ter 55 g Feb '52 J - J Registered Feb 1952 J - J G H..jock Val 1st con g 43451999 J - J 73,000 Registered 1999 J - J Col & H V 1st ext g 4s 1948 A Col & Tol 1st ext 4s.__ _1955 F - A Lautusatonic. SeeNYNFIdt H H & Tex Cent. See So Pac Co Roue Belt & Ter 1st 55_ _1937 J - J llinois Central-lst g 4s_1951 J - J I Registered 1951 J - J lit gold 3345 1951 J - J Registered 1951 J - J Extended 1st g 33.45 1951 A -0 Registered 1951 A -0 let gold 3s sterling 1951 M- S Collateral trust gold 4s 1952 A -0 48,000 Registered 1951 A -0 lit refunding 45 1955 M- N 112,000 Purchased lines 3345 1952 J - J Coll ti g 45 L N 0 dr T 1953 M- N 23,000 Registered 1953 M- N 15-year temp 5345 secured '34 J 188,000, Cairo Bridge gold 4s 1950 J - D 10,000 Litchfield Div 1st g 35_1951 J - J Lou'v Div & Term g 33451953 J - J 5,000 Registered 1953 J - J Middle Div regis 5s 1921 F - A Omaha Div 1st g 3s_ 1951 F - A St Lou Div & Term g 35_1951 J - J 1,000 Gold 3345 1951 J - J Registered 1951 J - J Springf Div 1st g 330_1901 J - J Western Lines 1st g 45 1951 F - A Registered 1951 F - A Belle & Carond 1st 68_ _1923 J -D Carb & Shaw 1st 4s g 1923 M- S Ch St L& N 0 gold 551951 J -D 3,000 Registered 1951 J -D Gold 3345 1951 J -D Registered 1951 J -D Joint 1st ref ser A 551963 J - D 9,000 Mempttir Div 1st g 45_1951 J - D St L So 1st gu g 45_ _1931 M- S Ind B1 & W. See Cl C C & St L Ind Dec dr . See Cin &D nd ill & Ia lst gold 4s 1950 J - J ntern dr Gt No-lst g 6s....1919 M- N Iowa Central. See Minn & St L ack Lens &Sag. See Mich Cen ames F & Clear 1st 45_ _..1959 J -D 1,000 Vail All & G R. See LS&MS aan & Mich. See Tol & 0 C FtS&M. See StL&SF 'C & M Ry dr I3. See StL&SF u de Pacific. See Mo K & T an City South 1st g 3s 1950 A -0 103,000 Registered 1950 A -0 ' Ref dr Imp 58..._ __ _Apr 1950J - J 216,000 Amass C Term 1st 45._ _1960 J - J 125,000 Kentucky Central, See L & N Nook AC Des M. SeeCRI&P Knoxville & Ohio. See Sou Ry J Sales in December 1919. [VOL. 110 PRICES IN JANUARY. Jan. 2. Jan. 31. Lowest. RANGE FOR Highest. YEAR Lowest. 1919. Highest. Bid. Ask. Bid. 100 488,000 5234 Sale 52 Sale Prices. Sale Prices. 9834 Aug. 28 983-4 Aug. 28 51 Dec. 29 70% Jan. 2 710,000 39 Dec. 29 57% May 17 77% Feb. 3 -83 - July 15 3 Dec. 30 52 33% May 27 33 Dec. 18 52 May 26 3531 Dec. 31 55 May 19 81 Dec. 31 96% Mar. 8 49,000 263,000 337,000 755,000 35,000 Ask. Sale Prices. Sale Prices. 98 Sale 5134 Jan. 30 55 Jan. 8 41 Sale 41 Sale 39 Jan. 30 43 Jan. 3 55 7934 Sale 81 79 3 Jan. 29 7934 Jan. 29 79% 3534 3634 3334 Jan. 26 37 Jan. 5 3534 Sale 37 Sale 33% Sale 3334 Jan. 27 38 Jan. 3 37 37% 38A Sale 38 Jan. 5 393% Jan. 28 80% 8434 81 '81 Jan. 22 83 Jan. 6 87% 90% 97 4,000 92 108 93 100 93 90% 80%, 80% 63 64% 54% 55 50 72 95 94% 9434 Oct. 27 101 94 Nov. 25 101 107 July 11 109 100 85 60 6431 Aug. 21 783-1 Jan. 21 40 72 6,000 55 54 9634 95% 55 Jan. 8 55 Jan. 72 Nov. 24 72 Nov-.2. 4 5 5434 Dec. 31 72 Jan. 9 95 68 1,000 16,000 80 Sale 2,000 56% 74% 76% 79 5634 1,000 65 Jan. 2 80 Jan. 8 76 563-4 Jan. 23 5634 Jan. 23 56 80 1,947,000 9534 Sale 247,000 8334 87 79 84% 17,0001 105% 99,000 91% Sale 76 May 29 - Jan. -a Dec. 3 703j Aug. 10 ----------Nov. 14 80 Jan. 0 Dec. 4 603-4 July 21 Dec. 9 783-4 Nov.14 94% Sale 943% Jan. 31 96 Jan. 6 033-4 Doc. 5 06,74 July 7 3 Jan. 26 95% Jan. 94% 94 Aug. 26 9534 June 9 8234 83% 8334 Jan 30 8534 Jan. 9 3 8031 Dec. 20 89 Jan. 2 79 853,1, 90 105% 120,000/ 83 Jan. 17 Jan. d Aug. 29 90% 91 8834 Jan. 14 8834 Jan. 22 8631 Oct. 31 10 10534 Jan. 28 1053-4 Jan. 26 104 Sept. 9 8834 June 10834 Apr. 10 9034 Jan. 30 92 Jan. 7 9031 Dec. 2:; 963,g May 8 81% 83 Jan. 8 8331 Jan. 19 83 Dec. 24 883-4 Feb. 80 Sept. 4 80 Sept. 4 86 77 Oct. 23 81 June 7 75% 80 7431 Oct. 3 7431 Oct. 3 99 99 Aug. 99 Aug. 27 106% 103 105% 10134 Jan. 6 10634 Jan. 20 103 July 27 12 10834 Juno 23 93% 96 94 96 94 Jan. 22 94 Jan. 22 9334 Sept. 29 99% Jan. 17 9831 93% 98% 1,000 9534 Nov. 6 08 Doe. 20 53 1,000 5236 79% 51 Feb. 18 66 Juno 17 573,4 834 7% 8% 379,000 7% Jan. 7 8% Jan. 29 634 Apr. 10 157-4 July 14 73 65 80 73 Oct. 31 8234 Jan. 3 86 80 75 92,000 7231 Sale 70 69 68% Sale 6834 Jan. 31 73 Jan. 5 6834 Dec. 22 83 70% 69% 80 83 85 4,000 73 763( Apr. 15 7631 Apr. 18 78 82 70A 73 71% 72 7034 Jan. 29 7434 Jan. 76% Sale 72 70 6434 6734 64% 66 71% Sale 67 68 7234 Jan. 28 7634 Jan. 93 Sale 7834 60 65 9534 92% Sale 60 65 67 72% Jan. 29 7234 Jan. 9134 Jan. 30 9334 Jan. 783-4 Jan. 27 80 Jan. 69 7334 Nov. 21 Nov. 7 88 Feb. 13 72 Dec. 15 76 May 13 Jan. 7 69 Jan. 5 7134 Nov. 14 79 2 75 Dec. 16 69 Dec. 5 8 6731 Dec. 3 66 Aug. 21 3 8934 Dec. 3 27 7834 Nov. 1 60 Dec. 26 7 65 Dec. 8 Jan. 7 8431 Jan. 3 75 May 24 7734 Jan. 15 7134 Apr. 14 97 Juno 26 79 Aug. 28 61 Aug. 18 7334 Oct. 29 67% Dec. 4 68 79% May 7 79% May 93 Jan. 0 93 64% I so 152,000 5634 57 56% Sale 341,000 73 299,000 75 70% Sale 70% Sale 78 Jan. 73 Mar. 29 73 Mar. 29 6 88% Oct. 9 99% Jan. 3 9534 Feb. 21 953-i Fob. 21 Jan. 12 8334 Jan. 14 81 Dec. 3 95 Jan. 4 71 Nov. 21 77 Nov. 1 7734 Aug. 29 7931 Jan. 23 1,000 75A 77% 75% 93 95 95 Sale Sale Oct. 30 100 9314 90 7834 Jan. 22 72% 100 4 64 Jan. 22 53 74 19,000 83A 8734 83 83 10,000 64% 72 6934 72% 74% 78 7434 74 Oct. 20 82 .95A 65 60 64 6234 53 5,000 6534 67% 6534 67 90 70 93 80 83 7331 Nov. 10 7334-Nov. ..10 41,000 7334 Sale 327,000 6,000 89,000 1 214,000 3,000 15,000 3,000 Jan. 10 Jan. 12 78 7534 Dec. 12 82 93 Apr. 2 96 Jan. 20 Jan. 24 Jan. 12 8034 Aug. 27 82 Feb. 3 50 Jan. 30 59 Jan. 5 5034 Aug. 21 643-4 Feb. 17 703 ,4 Jan. 31 7531 Jan. 12 7134 Doc. 26 88% May 9 703% Jan. 31 70% Jan. 5 70 Dec. 18 81 Jan. 2 BONDS-STOCK EXCHANGE RECORD FEB., 1920.) 23 RANGE FOR YEAR 1919. PRICES IN JANUARY. Sares in Int. Sales in -------. December Per- January Highest. Lowest. Lowest. BONDS Higheit, 'Jan. 31. 2. Jan. 1920. 1919. iod. N.Y STOCK EXCHANGE 8:4 Prices Sale Prices. Sale Prices. Ask. Satj Pri.7es. Asic. Ird Bid. • 89 'Jan. 28 80 Jan. 28 8234 Sept. 29 90 Mar. 17 ,80 8334 7834 89 1,030 J J 1937 58 78 64 -Lake E & W let gold 65 Aug. 8 8534 July 22 1941 J 90 65 2d gold 58 ANorth Ohio 18t gu g Se..1945 12 80 Aug. 19 92 Jan. 15 Jan. 9 Cent Jan. Y N 8534 82 Bee So. Mich 8734 8534 dr 8734 L Sh 4,000 10,000 8434 86% 78 Sept. 8 78 Sept. 8 0 Leh V (N Y)1st gu g 4%8_194 6 69 Dec. 4 8034 Jan. 6 1940 7334 .Tan. 6 71 Jan. 13 Registered - 70 . 7154 75 9,000 62,000 Jan. 83 2 03 . 20 00Feb 2x J4 773-4 Dec. 15 19 8034 81.54 83% Jan. Leh V (Pa) gen con g 4e....20 51,000 60,000' 80% Sale 97% Dec. 2 2003 9934 Sate 99 Gen consol 4348 9634 2,000 0 A Leh V Ter Ry let gu g 68_1941 993/. Jan. 33 103 Jan. 8 993.4 Dec. 23 10234 May 10 1941 A -0 Registered 91,000 84,000 10034 10234 9934 100 1928 Jan. 22 9834 Jan. 22 cag Mar. 13 101 Dec. 9 9834 98 95% Lehigh Vail RR coil tr 68 1,000 2,000 J -J Leh V Coal Co 1st gu g 58_1933 J ......... 1933 J . -----Registered 3J - J 73 Jan. 7 73 Jan. 7 First int reduced to 48_1935 47% 68% 87% 30,000 , S MLeh & N Y-lst gu g 48-194 M- S Registered Leh & Hud R. See Cent of N J 9234 Sept. 24 08% Apr. 8 89% 92% 89% 93 .Long Dock. See Erie 86 Aug. 6 86 Aug. 6 g79%' Long Iel 1st con g 58-Ju1y 1931 7934 5 Jan. 5 1931 72 l7 7234 Oct. 27 SO Jan. 20 Jan. 45___Ju 72 75 gold 72% cons 72% 1st 1,000 5,000 703 95% 1938 8634 Mar. 21 92 Oct. 15 95% 89 Gen gold 48 90 S 1922 448 gold 85 85 65 Ferry 69 6534?Dec. 18 7 1932 J -D 854 May 9.i 68 • Jan. 16 73% Jan. 5 Gold 48 65% 78 70,000 10,000 64% 67 5 84 Apr. 9 1949 M- S 67 Jan. 27 67 Jan. 27 70 Apr. 22 70 71 Unified gold 48 Jan. 4 1,000 Dec. 21 7734 Jan. -D 1934 J 6834 67 Jan. 27 68 67 70 Deb gold os 10,000 24,000 68 77 June 3 66% 69. 74% 65 Jan. '7 6934 Jan. 30 6534 Dec. 11 20-year temp deb bo......_1937 M-N 63 lb 8,000' 102,000 Jan. 7 94 Aug. S 92 M1949 Guar ref gold 48 86 Dec. 16 92 A.or. 12 NYBAMB con g 5s...1935 A 82 80 27 mar. 2,000 91 23 June S ooq 92 92 N Y & Rc Bch let g 5s 1927 M8134 Oct. 30 8834 Aug. 28 72% 82 80 N Sh Bch 1st con gu 58 Oct'32 Q S Louisiana & Ark 1st 118....._1927 97% Jan. 7 103 Jan. 30 97 Sept. 9 10034 Tan 11 La Western. See So Pacific 19,000 2,000, 973' Sale 97 Dec. 12 8533 Jun. 2 Louisy & Nashv-Golcl be 1937 M-N 116,000 80% 8134 80 Jan. 26 8434 Jan. 2 soki 8434 314,0011 8134 Sept. 29 8134 Sept.29 J 1940 J 4s gold Unified Dec. 5 100 Jan, 10 92 21 Jan. J 1940 J 1 91 ,Jan. 21 91 Registered 5 9434 June 13 12,000 60 1931 M- N 89 Jan. 13 93 Jan. 14 92 Nov. 5 Coll trust gold fis ' 2,000 Dec. 10534 Jan. 18 8 103 Jan. M- N 9987 1 10 89r 098'7Y' 103 Jan. 8 103 Louis Cin dc Lox g 430_1931 J 4 100 Jan. 4 1,000 5,000 8972% 10 Jan. 100 1930 Os Mg 100 NO&M 100 9434 9434 16 Jan. 7934 Tan. 10 7934 1930 J - J 2d g 68 74 • 893474 4May 27 93% Jan. 29 103 Jan. 19 99 Dec. 4.10i3 Pad & Mom Dly 48-1946 F - A 99% 99% 34 9d., 7 98 57 Feb. 13 Nov. 36,000, 10,000 51 17 S Jan. 4334 Jan. 27 5134 St Lotus Div let g 68-1921 M- 73 53% 51 12,090, 51 ,51>t Dec. 8 80 Oct. 9 28,000 7154 2 Jan. 1980 PR76 30 Jan. 7) 3s gold Sale 2d 7134 70 76 9 95 9' Sept. 4.000' Sept. ,18,000 9534 Atl Knox & Cia Div g 48 1955 -N 95 195% 100 8 10134 July 16.10134 July 16 Atl Knox & No 1st g be...1946 J - D 1 100 101% 00% 1o134 10134 Jan. 8 10134 Jan. lb 20 Jan. Aug. 3,000 8034 73 10 Jan. 1931 M- S 73 Jan. 30 75 Hond'son Bdge lot of 8sg 6;0001 75 86 S8 64 a8 19,003 le 7834% 71 86 . 8634 Jan. 15 8(5% Jan. 15 845 Dec. 17 9554 Feb. 1 1 Kentucky Central g 48_1987 J -J 000 8734 Apr 11 9,030 82% Jan. 7 8234 Jan. 7 8234 Dec. 31 Lox & E 1st 50-yr Ss gu-1965 A-0 82% 6. 000, 8 5,000 6334 Jan. 27 65 Jan. 9 60 Dec. 24 73 Apr. 14 LANMob&M18tg4343 1945 M- S 63 62 Sale 65 84,000 22,000 -J LA N-Sou Mon Joint 48_1952 J 9434 Sept. 24 95---July 10 July 1952 Registered 95 88 95 88 AT N Fl & Shot 1st gu g 58..1937 83% 79% Dec..30 10134 July -98% Npt&CinBgengug4301945 .7 99% Sept. 15 100 Oct. 30 1,000 ossi 90% 9834 109 12,000 94 Pons & Atl 1st gu g Os....1921 F - A 96% 93% Jan. 9 93% Jan. 0 9034 Nov. 26 93 Mar.10 9134 F- A 8534 86 82 & N Ala con gu g 8334 85 70 Oct. 8 70 Oct. 8 70 Gee cons gu 60-yr 53...1963 A 62 62 69% 1945 M4e g gu Co Bdge Jeff & Lou 90 Oct. 2 00 Oct. 2 *Rationing Coal. See LSAMSo 94% •• aulanito S W Colon's g 63.1934 J -D Manila RR-Sou lines 46 1936 111-N llit 38eNYCA Mcicpt&EVern. Mex Internat lot cons g 48-1977 M- S Stamped guaranteed-1977 M- S Michigan Central. See N Y Cent 85 Jan. 15 85 Jan 15 1,000 1925 J D Mid Term 1st g e f bs Mil LB dc West. Be. ChicANW 101 July 7 101 July 7' MAde North. B.CI1M&StP 99 99 19 9734 Apr. 11 99 Jan. 31 Minn & St L 1st gold 7s....1927 J -D 97% 07% 94 Jan. 19 94 Jan. 21 5,00) 74 S.:pt. 11 80 June 10 Jan. A 75 gold 1st 68_1921 Pacific Ext • 74% 7334 Jan. 26 20 49 June 6 4,900 IV:65 33% 43. 38% Sale 1934 g_ N 1st cons gold 58 34% Jan. 9 40 Jan. 23 3554 Dec. 112,000 May 23 49 July 24 19,090 s 44 m49 48,-19 gold let A refund 3,5 43 30 12 45 Nov. 12 Nov. 45 1st & ref 58 Series A.-1962 - F 43 35. 44 Dec. 30 80 May 29 Des MA FtD 'skiing 48..1935 j - j 70 71% 69 Jan. 3 71 Jan. 15 69 6154 70 3,099 35,111 18 48 June 6 :Town Cent lat gold 56_1938 J -D 41 . 37% Jan. 2 41 Jan, 23 35 Dec. 40 32,000 1164)03 3134 Sate Refunding gold 48--1951 m _ 8 Minn & St gu. Bee SCR& N 5 89 Jan. 4 M St PASPM con gold 4e stpd 80 Jan. 29 82% Jan. 8 80 Dec. 81 79 74,000 81% Sale 1938.7 - j 58,000 9334 Dec. 30 9734 Feb. 18 payment of int gu 93% 95 938 Ss1 let cons 88 Nev. 6 88 Nov. 6 M St PASS M dr Cent Term 88 N let Ch13 Term s f 43_1941 20 3 00 Jan. 9 92 May 13 9434 Jan. MSSM &Ail lot gold 40stpd 8,000 5,000'87% 8834 8834 0034 8834 Jan. payment of let guar_ _1926 7 - j Minreap Un. See St P M & M j _ j 75 Mississippi Cent 1st 5e......1949 6 Jan. 13 58 Dec. 5 69 Jan. Mo Kau e.a OlcK Be.MK&T 59,4 Sale 59 5934 5834 Jan. 29 6034 14 38 July 24 124,000 ...D j 216,000 48_1090 g . t Tes-le A Mo Kan Jan. 30 31 Jan. 14 29 Apr. 2834 33% 31 3034 23 28 July 3 30 71,030 Dec. 634 92,009 June 1990 F - A 2d gold 48 29 Jan. 30 31 Jan. 14 24 Aug. 13 '30 33 39 28 May 21 3,000 23 2034 Trust Co ctfa of deposit_ 32 32 23 18 May 8 30,003 39%1Jan. 8 36 Dec. 21 23 let extension gold 55-1944 m- N Jan. 43 36 37 37 46% July 2 8,030 89,000 35 Dec. let & refund ratge 48...2004 M- S 40 37 4,030 24 Dec. 26 34 July 21 17,003, 25 Trust Co ctfe of deposit_ __ 23 253,4 2634 25 Jan. 7 2534 Jan. 28 31 3134 June 1 3 7,000 Dec. 24 60,000 25 _1930 j - j 16 Jan. 25 General 81 27% 24 2634 25 Jan. 16 25 July 17 27 July 30 Trust Co ctfp of deposit. 30 25 St Lou Div lst ref g 49....2001 A 53 Apr. 26 623.4 Dec. 18 N Dal & Wa let gu g be___1940 m52% 48% 40 Nov. 10 50 Jan. 6 2,000 48 F- A Kan C & Pan let g 30 36 • Jan. 20 36 Jan. 20 69 Oct. 31 7134 Jan. 18 30 25 3,000 Mo k E 1st gu g 58_19424-0 65 50 5054 Mar. 19 53 May 21 Mo K & Ok let gu bs___1042 M -N 55 55 MICAT of T lot gu g 58.1942 g- s 74 74 3834 Dec. 10 50 July 18 ...... Sher Shrew & So 1st gu g 58'43 J - D 39 39 5,000 Tex Okla let gu g 5e...1943 M- S 16 23 75% Dec. 1 8734 Jan. Missouri Pacific (new co)8134 Jan. 26 83% Jan. 28 20,000 8234 85 26,000 77% 90 Doc. 12 9454 Feb. 18 Jan. let & refund bs Ser 1-1965 F - A 30 Jan. 915 14 9034 Silo Jan. 9134 89 26,000 10,000 9334 21 8434 Sept. 12 92 Jan. 3 1st & rot 58 Ser P__Jan 1923 9'-A 8834 Jan. 7 8934 Jan. '7 11,000 31,000 8834 88% 8834 89 54 Dec. 2 63% Jan. 1st & refund 5s Ser C..1926 F - A 552,000 59 31 Jan. 24 Sale 56 56 Feb. Sale 1,627,000 5834 98 Aug. 13 100 1975 114- s General 48 98% 1,000 9734 100 N Mo Pac-1st consol g 85% 40-year gold loan 0.a...1045 M30 60 60 68 June 31) 68 June 1938 m- N 3d 78 ext at 4% 23 84% 84% 80 Dec. 8 82 Jan. Cent Br Ur Pee let g 43_1948 J - D 82 6 79% 80% May 89 5 3,009 May 89 Pan R of M 1st ext g 49_1938 F 97 87% 97% 87 2d extended gold 5s__1938 j - j 24: July 9754 28 Nov. 89 St Louis Iron Mt & South89% 9034 8834J: in. 22 9454 Jan. 3 93,000 108,000 92% 95 Gen con ry & Id g 5s 1931 A 8234 Jan. 13 7 73 Aug. 27 7734 Gen con stpd gu g 59_1931 A -0 120,013 Jan. 76 29 in. Jt 73 Sale 76 May 9 7334 73 151,000, Doc. 4 Unit & ref gold 4s.___1929 j - J 29 72 Jan. 3 613 July In. July 17 Jt 68 Sale 92 71% 6734 74,dij 17 6734 139,000, RP,tic Gulf Div let g 49 '33 M-N 8 86 Jan. 0 92 .n. Ju 83 2,0J0 Verdigrl'MAW lst g 58_1926 M- S 8 tinq Jan. 3 goblin & Wren. See South it.. Jan. 10 10034 Sept. July 14' 8,000 2,000 190% 102% 10034 101 10134 Ja n. 28 10234 95 Sept. 20 0834 1927 - D ‘Mobile it Ohio new g 68 5 95% .Tan. 5 0034 n. Ja 68 July 8 9734 1,000 17 95:4 9.3% Nov. J Q lot extension g 65__July 1927 21 Jan. 53 9 May 19 n. Ja 53 . 3 91 5934 56 59;f 10,000 78 Dec. 6 87 Apr. 1938 M- S General gold 45 22 2,000 7634 Ja a. 28 703-4 Jan. 28 8 7634 80 3,000, 70% 8.2 3 Mar. 21 81 71 Montgom ;31v lot g 55_1017 F - A 82 Mai/ 8• 82 23 .34 Sept. 1927 J - D St Louis Division 55.. 15 Jan. 741, 73% 743.4 Ja, 1. 15 74% 73 3,000 1931 J - J St L Cairo gu g 45 Collet trust 4s. Be, Southern 1.1:11 FR- puloormow.mmemmommomemawnst.....hibem....... 24 N BONDS-STOCK EXCHANGE RECORD Int. BONDS PerY STOCK EXCHANGE iod. Mohawk dz Mal. SeeN Y C &H Montana Cent. See St P M & M Morgan's La&T. See So Pac Co Morris & Essex. See D L & W Mashy Chatt & St L let 5e 1928 A -0 &'Jasper Brch 1st gold 68_1923 J J Nash Flor & Shef. See Lou & N Nat Rye Mex pr lien 4%8_1957 J Guaranteed general 4s__1977 A -0 Nat of Mex pr lien g 4%8_7.1926 J - J let consol gold 40 1951 A -0 N H & Derby. SeeN Y N H &H N J Junc'n RR. See N Y Cent Newp't dr Cin B'ge. SeeLou &N New Orleans Term let 4s 1953 N 0 Tex & Mex let SerA 681925 J -D Non-cum income ser A 581935 A -0 N Y B & Man Beach. SeeLlel N Y Cent RR cony deb 60_1935 M-N Consol Series A 4s 1998 F - A Ref & impt 43s A 2013 A N Y Central & Hudson River- Gold mortgage 3%e......_1997 J - J Registered 1997 J - J Debenture gold 4e 1934 M-N Registered 1934 M-N 80-year debenture 4s__A942 J - J Lake Shore coil g 3%s_ _ 1998 F - A Registered 1998 F - A Mich Cent coil g 33,0_1998 F - A Registered 1908 F - A Beech Creek 1st gu 4s 1936 J - J Registered 1936 J - J 2d guar gold 58 1936 J - J Registered 1936 J - J BchCr ex let gu g3;isFeb '51 A -0 Cart & Ad 1st gu g 4s1981 J -C. Gouv & 0 lst gu g 5s_ 1942 J -D Moh & Mal let gu g 4s 1991 M- S N J June R gu 1st 4s 1986 F - A N Y & Harlem g 33e 2000 M-N Registered 2000 M-N N Y & North 1st g 5s_1928 A -0 NY&Put let con gu g 48_1993 A -0 Pine Creek reg guar 6s 1932 J - D R W &0con 1st 5s_July 1922 A -0 Sales in January 1920. 7,000 17,000 14,000 Jan. 31. Ask. Bid. 9,000 719,000 117,000 48,000 2,039,000 91% Sale 82,000 71 Sale 180,000 79 Sale 281,000 259,000 68% Sale 3,000 66% 248,000 82 Sale 88 81 83 88% 5,000 2,0001 Highest. Sale Prices. Sale Prices. Sale Prices. 20 20 Jan. Jar!. 71 15 Jan. 20 15 6 963.' Nov. 17 100 6 22 Jan. 30 25 6 23% Jan. 21 Dec. 24 50 Jan. 20 .. 9 623' Dec. 24 70 Oct. 17 7 94 Apr. 7 993.' Oct. 20 13 50 Apr. 23 62% June 8 12 89% Dec. 23 10034 June 3 6 68% Dec. 1 77 May 28 2 75 Nov. 28 86 May 19 Mar. 18 May 211 Jan. 11 .Tan. 28 62 Jan. 9 59% Dec. 3 68 Jan. 26 60 Jan. 7 59 Aug. 27 67 Jan. 28 61% Jan. 8 60 Dec. 12 70 82% Jan. 9 823 Jan. 15 82 Aug. 15 82 Jan. 20 Jan. 3 Jan. 3 Aug. lb 753 Jan. 21 753-s Jan. 21 7534 Dec. 31 80 May 19 76% Jan. 31 82% Jan. 61 60 60 60% 59 55 72% 75% 80 69% 60 0 -.92 95 % Jan. 20 92% Jan. 20 9634 Nov. 1 925 72 73% 78 Feb. 3 103 103% 97% 98% 97% 99 Jan. 22 73 73 67 Jan. 27 78 60 Aug. 18 53 60 67 Feb. 24 82% 85 82% 85 85 85 1,000 93% 95% 94% 03% Jan. 8 93% Jan. 8 9434 Dec. 11 116,000 69% 73% 68% 69% 69% Jan. 9 70 Jan. 20 68 Dec. 4 68 71 68% 69 Jan. 7 69 Jan. 7 70% Nov. 7 286,000 86% Sale 85 85% 85 Jan. 30 873 Jan. 12 81 Dec. 23 305,000 83% Sale 82 82% 82 85 93% 85 93% 102% 101 94% 102% 101 89% 92% Jan. 23 84% Jan. 76% 82 70% 70% 10,000 73 75 73% 19,000 79N 80 Sale 80 Jan. 43,000 so% 80% 75 78% 79 Jan. 150,000 68% Sale 673.' Sale 6734 Jan. 166,000 73% 74x 71 723-4 71 Jan. 71% 70 27,000 71 7134 70 Jan. 78% 77 47% 45 9,000 45 47 51,000 46 46% 47 9,000 48% 478,000 67% Salo 70 63% 66 72%, 57 80 SO% 361,000 35% Sale 60 34% Sale 60 67% 65,000 59% 60 43,0001 52 Sale 78 77 26 81 Jan. 28 813.' Jan. 63% 58 39,000 75% Sale 27,000 74% 75% 76 77% 21,000 96% 602,000 104% Sale 24,000 79 79% 97%, 36,000 78 102;4 Sale 7834 79% 97% 75% 77 96 Aug. 21 74 June 4 70% Nov. 7 90 Jan. 23 Oct. 14 84 Jan. 20 50 45 5 46 47 Jan. 8 65 Jan. Jan. 19 58 May 20 Dec. 17 Dec. 24 Dec. 23 Dec. 17 Mar. May 28 50% July T Nov. 24 70 Oct. 31 Jan. 19 58 July 22 62% Jan. 0 .... 2 38 2 34% Jan. 2 38 Nov. 24 40 59% Jan. 9 60% Jan. 3 58 Dec. 27 70 Jan. 14 3334 Dec. 30 54 603.4 Sept. 26 62 2 53 May 28 Jan. 20 Jan. 23 Oct. 10234 Jan. 7834 Jan. 983-4 Jan. 76 Jan. 26 30 14 24 6 Jan. 13 5134 Dec. 22 6934 Jan. le 81 Nov. 26 89 May 27 10174 Nov. 18 10934 Fob. 24 10634 Aug. 9 10834 May 2 76% Dec. 9 86% Jan. 79 Oct. 16 79 Oct. 75% Jan. 2 78% Jan. 6 743.' Aug. 14 82 Jan. 773.4 Jan. 31 7734 Jan. 31 74 Dec. 6 84% Feb. 7534 Jan. 31 80 17 49 68 34% Jan. Jan. 28 8 18 8 52 Mar. 19 5674 Jan. 21 5934 Jan. 21 52 Feb. 0 88 Jan. 11 34% Jan. 50% 51% 52 77% 84 103% 103 75% Sale 7734 June 27 6134 July 22 67 Feb. 24 30 75 Jan. 10 Dec. 19 763-4 July 29 7434 Jan. 5 6434 70 Aug. 22 81% Jan. 27 7134 Jan. 7 663-4 Dec. 5 7834 Feb. 99% Feb. 4 90% Feb. Jan. 28 79 Jan. 3 -76. . 34-Dec. 30 8634 Apr. 66 232,000 78% Sale 993 June 20 7034 Apr. 25 74% Aug. 4 8 7334 Dec. 11 85 Mar. 11 7 7834 Sept. 29 .84 June 0 63% 65 80% 37 Sale 61 25 30 66 67% 983.' Aug. 18 80 Feb. 8 5 82 Dec. 2 89 Jan. 84% Nov. 7 84% Nov. 7 81 463-4 45 Jan. 20 45 4934 48 463-4 Jan. 8 48 45 Sale 6734 Jan. 2 72 59% 60 60% --2;6661 104 103% Mar. 11 82% 54% 75 77 91 1,000 75% 68% 60 58,000 773 Jan. 17 10 66 Dec. 4 73 66 Dec. 26 71 2 7678 Dec. 15 86 76% Sale 83 1019.: Lowest. 62% 64% 62% Jan. 2 65 Jan. 95 96 95 Jan. 10 96 Jan. 52 Salo 51% Jan. 31 553' Jan. 92 Sale 91% Jan. 2 933.' Jan. 67% Sale 67 Jan. 30 72 Jan. 77 77% 77 Jan. 28 79 Jan. 66%, Sale 653 Jan. 26 70 Jan. 101,000 60% Sale 59 70% 16,000 60% 61% 59 YEAR Highest. 49 30 20 31,000 62% Sale 44,000 95 96 306,000 52% 54 5,000 Ask. Sale Prices. 24% 23% 40 66,000 8,000 197,000 60,000 12,000 13,000 RANGE FOR Lowest. 96% 97% 94% 98% 943 Jan. 15 06% Jan. 104% 104% 3,000 147,000 [V oL. 110 PRICES IN JANUARY. Jan. 2. Bid. Rutland let cons g 4%0_1941 J - J Og & L Ch 1st gu g 48_1948 J - J Rutl-Can 1st gu g 4s_ _1949 J - J St Lawr dz Adir let g 58_1996 J -J 2d gold 6s 1996 A Utica dr B1 Riv gu g 4s 1922 J -0 4,000 J Lake Sh dr M S g 3%s1997 J -D 10,000 Registered 2,000 1997 J -D Debenture gold 4s_ 1928 M- S 162,000 Registered 4s 1928 M- S 25-year gold 4s 1931 M- N 176,000 Registered 1931 M-N Kai A & G R 1st gu c 5s_1938 J - J Mahon Coal RIt 1st 5E1_1934 J J Pitts & L E-2d g 5s_Jan1928 A Pitts McK & Y let gu 68 1932 J -0 J 2d guar 6s 1934 J - J Michigan Central 5s 1931 M- S Registered 1931 Q - M 48 1940 J - J Jack L & S gold 3%e1951 M- S 1st gold 33.s 1952 M - N 20-year debenture 4s_1929 A -0 21,000 N Y Chic & St L 1st g 48.1937 A -0 26,000 Registered 1937 A -0 25-year debenture 48_1931 M-N 37,000 West Shore let 4s guar_ _2361 J - J 49,000 Registered 12,000 2361 J - J N Y C Lines equip 5s 1919 M- N Equip tr 4%s Ser K 1920 J - J N Y Connect 1st gu 434s A.1953 25,000 N Y & Greenwood L. See Erie F - A NY&Har. SeeNYC&HR N Y Lack & West. See D L dz W N Y L Erie dr West. See N Y & Long Bch. See CentErie NJ N 1 New Haven dr HartfordNon-cony debenture 33s '54 A -0 1,000 Non-cony debenture 4s_1955 Non-cony debenture 4s_1956 JM-N 4,000 Convertible deben 3%8_1956 J - J Convertible deben 6s 1048 J - J 139,000 Consol Ry non-cony 4s 1930 F - A Non-cony deben 4s 1056 J - J Harlem R & Pt Chee let 48'54 M-N B & N Y Air Line let 423_1955 F -A Cent N E 1st guar 4s 1,000 1961 J - J Housaton RR con g 5e 1937 MN Y Proy & Bos gen 4s_ _1942 A - N NY W'ches & 13 lst 4%e 1946 J - J 106,000 New Eng RR cons 4s 1945 J Providence Sec deb 48_1957 M- J 3,000 Proy dz Springf let 5s 1922 J - S J Providence Term let 43_1956 MS N Y dz•Northern. See N Y Cent N Y Ont & W let g 4s June 1992 M- S 46,000 Reg $5,000 only......June 1992 M- S Gener el 4s 1955 N Y & Putnam. See NYC&H J D N Y & Rock Beach. See Long Isl N Y Susq & Western. See Erie Norf Sou let & ref A 5s 22,006 1961 F - A Norfolk & South 1st g 5s 1941 M-N Norfolk & West gen g 6s_..1931 M-N Improyem't & ext g 6s 1934 F - A New River 1st gold 6s 1932 A -0 Nor de W Ry let con g 4s.1996 A -0 209,000 Registered 1996 A -0 Div 1st & gen g 4s 19,000 1944 J - J 10-25-year cony 4s_ 1932 J -D 1,000 10-20-year cony 4s__ _1932 M- S Convertible 4;is 1938:M-S 10-year convertible 68_19291 219,000 Poca C & C Joint 48_ _ _19414 -D 30,000 Col Con & T lst gu g 53_1922 J - J 20,000 Scio V & N E 1st gu g 4s_1089M13,000 N Northern Ohio. See L Erie &WI Sales in December 1919. Jan. 20 0 10 29 0 96% Dec. 5 10434 Apr. 10434 Jan. 5 10234 Dec. 18 11034 May 18 19 80 Jan. 28 7834 Dec. 29 86 Jan. 21 9834 Jan. 14 97 Aug. 28 97 Aug. 28 77 Jan. 16 74 Nov. 3 81 Jan. 13 FEB., 1920.] Int. PerSTOCK EXCHANGE iod. BONDS N V 25 BONDS-STOCK EXCHANGE RECORP Sales in January 1920. North Pacific-Prior 4s___1097 Q- J 435,000 1997 Q- J Registered General lien gold 3s_Jan 2047 Q- F 204,000 Jan 2047 Q - F Registered 27,000 Ref & imp 4%s ser A___2047 J -J St Paul-Dul Div g 45..„1096 J -D 1096 J -D Registered C B & Q coil tr 45. See Gt Nor 1,000 St P& No Pac gen g (35.._1023 F - A Registered certificates 1923 Q - F 3,000 St Paul & Duluth 1st 55_1931 - A 1068 J -D 1st consol gold 4s Wash Cent fly let g 4s 1948 Q -M 1033 J -J Nor I' Ter Co 1st g Cs 1,000 North Wiscon. See C St PM&O L Champ. See Rutland %Jill° Ind & W. See CCC&StL Oregon & Cal. See Sou Pac Co Ore RR & Nay. See Union Pac Oregon-Wash 1st & ref 48_1061 J -J 109,000 Oswego & Rome. See N Y Cent pacific Coast Co 1st g 55_1946 J -D acific of Missouri. See Mo Pac Paducah Sc Ills 1st s f 4%0_1955 J -J Penn RR let 45 real ad g 1023 M -N 1,000 1043 M -N Consol gold 4s 1948 M-N 51,000 Consol gold 4s , 1960 - A 128,000 Consol 430 1965 J -D 436,000 General 4%s 1968 J - D 1,015,000 General Os 1042 M- S Alleg Val gen gu g 4s Del RN ItIt13(lg 1st gu g 45'36 F - A Phila Halt & W 1st g 48_1943 M- N 1,000 Sod Bay Sc So 1st g 5s 1924 J -J Sunburi Sc Lewis 1st g 481936 J - J UNJR1 Sc Can Co gen 451944 M- S Sales in December 1919. RANGE FOR PRICES IN JANUARY. Jan. 2. Bid. 1,409,000 80 Jan. :11. Highest. Lowest. Highest. Sale Prices. Sale Prices. Ask. Sale Prices. 75 Jan. 28 80% Jan. 3 7531 Nov. 28 Sale 7631 Oct. 2 53% Sale 5331 Jan. 26 56% Jan. 5 5231 Dec. 17 55 Nov. 19 78 Jan. 29 81% Jan. 6 79 Dec. 2 76% 79 May 14 78 70% 75 Ask. Bid. Sale 75 310,000 55% 56 7,000 80% 82 80 70 11,000 100% 10,000 99% 90 68% 60 107% 100% 101 100% 09% 91 85 68% 66 60 66 100% 1919. YEAR Lowest. Sale Prices. 88 Jan. 11 82 Mar. 4 81% Jan. 6 57% May 8 90 Jan. 24 70 May 18 9 10431 12 100% 3 9834 21 7634 May May Jan. Oct. 19 19 17 21 10031 Jan. 10031 Jan. 7 10031 Jan. 8 10031 Jan. 7 10031 Oct. 8 9934 Dec. 97 Feb. 7631 Oct. 10731 Jan. 5 10731 Jan. 5 10631 Aug. 25 10731 May 28 6831 Jan. 30 72% Jan. 7 Jan. 11 5 68% Dec. 4 79% O Pannsylvailla Co-gu 4%5_1921• - J 1021 J -J Registered On 3%8 coll tr reg ctfs_..1937 M- S 1041 F - A Gu 33.s coil tr ctfs B On g 3s tr ctfs Ser C 1942 J -D Gu g 3 s tr ctfs Ser D 1944 J -D Guar gold 15-25-year 48_1931 A -0 40-yr gu tr ctfs 4s Ser E_1052 M-N Cin L&N 1st con gu g 45..1042 M- N Clev Sc Mar 1st gu 4%8_1935 M-N Clev Sc Pitts gu g 4%s A..1942 J 1942 A Series II 4 s Int reduce( to 3%%_1942 A 1948 M- N Series C 3%s 1950 F - A Series D 3%s Erie & P gen gu g 3%s B 1040 J -J 1040 J -J Series C Or R&I ex 1st gu g 4%5_1941 J -J Ohio Connect 1st gu 4s_ _1043 M- S Pitts Y Sc Ash 1st con 55..1927 M- N To1WV&O 1st gu 43s A 1931 J -J 1933 J - J Series B 4%8 1942 M- S Series C 48 PCC&StLgu g 4%sSerA 1940 A -0 1942 A -0 Series 13 guar 1942 M- N Series C guar guar 1945 M- N Series D 48 Series E 33"0 guar g 1949 F - A cons 4s gu g 1953 J -D Series F Series 0 cons 4s guar _1957 M- N It cons 4s gu_ _1060 F - A Series Series I cons 4%s gu 1963 F - A 1932 A Ch St L & P cons g 5s Pensacola Sc At. See Lou&Nash Poor Ac East. See C C C & St I. Peor Sc Pek Union 1st g 65_1921 Q- F Second gold 4%s_ _ Feb 1921 M-N Pere Marq-lst ser A 55.._1956 1956 1st ser B 4s Philippine fly 1st 30-yr s f 4s'37 J - J Central Y N See Pine Creek. Pitts C C Sc St L. See Penn Co Pittsb Cloy Sc Tol. See Balt Sc 0 Pitts Junction. See Bait Sc 0 Pitts & Lake E. See N Y Cent Pitts McK Sc Y. See N Y Cent Pittsb Shen Sc L E let g 5s_1040 A 1043 J -J Fist consol gold 58 Pitts Y Sc Aehtab. See Penn Co Deeding Co gen gold 48_ _1097 J -J 1997 J BA. Registered Jersey Central colt g 4s_ _1951 A Atl City 1st con gu g 45_1,051 J -J ag Tvsc & 11. See Pere Mani t Jos Sc Gr Isl 1st g 4s_ _ _1947 J - J St Law & Adir. See N Y Cent St L Sc Cairo. See Mobile Sc Ohio St L Iron Mt Sc So. See Mo Pac StLM Br. See Tern.It AsenotSt St Louis Sc San Fran (ltewl; Co) 1950 J - J Prior lien 4s ser A 1950 J -J Prier lien Os ser B 1055 A Cum adj ser A Os 1060 Oct Income ser A 8s St L Sc San Fr-Gen g Cs 1031 J -J 1931 J - J General gold 5$ Prior lien 6s series C__ _1928 St L& SF RR cons g 48_1996 J -J South West Div g 58_1947 A KC Ft S& M con g 6s 1928 M -N K C Ft S & M Ry ref g 451936 A KC&M 11.&13 let gu g 58_1920 A -0 St Louis Soutk. See Ill Central St Louis Southw-lat g 4s_1989 M- N 2d g 45 Inc bd ctfs_ _Nov 1889 J -J 1932 J -I) Consol gold 49 1952 J - J tatt term! Sc unit Se Pt Ter let gu g 5(3_1947 J -D St Paul & Duluth. See No Pac St Min Sc Man. See Gt North St Paul Sc Nor Pac. See No Pac St P & Sioux C. See CStPM&O SA&AP 1st guar g 4s_ _ _1943 J - J Scioto Val Sc N E. See Nor Sc W Seaboard Air Line g 45_1950 A 1050 A Stamped Oct 1049 F - A Adjustment Os 1059 A -0 Refunding 4s tl-Btr 30-yr lot g 45.May'33 Mfq 1010 J - J Corn ('n, lu. On.° 33,000 1,000 2,000 6,000 10,000 Sale 75 75,000 356,000 2,046,000 1,663,000 6,000 68% 69 81% 75 80 93 92% 83% 86% 8431 Sale 92 Sale 84 Sale 91% Sale 83% 10,000 82% 149,000 11,000 83 82 87 82 Salo 79,000 79% 81 1,000 57;;; 60 804,000 460,000 521,000 477,000 6,000 7,000 7,000 42,000 82,000 6,000 121,000 75,000 48,000 73,000 12,000 21,000 319,000 462,000 15,000 58 70 6134 45% 102 2,000 91 2,821,000 826,000 986,000 691,000 7931 Oct. 6 7931 Oct. 6 8 May 13 7931 May 13 79% 87 June 25 87 June 25 8331 Apr, 7 853 % Nov. 13 8734 Nov. 18 8734 Nov. 18 Jan. 22 90 Jan. 22 9131 Nov. 22 9431 Jan. 27 Nov. 3 9231 Jan. 23 91 90 90 90% 84 85% 90% Sale Sale Sale Sale 94 85% Sale 69% 70 4334 45 Oct. Oct. 1 9031 Aug. 27 1 90 Oct. 1 8831 Mar. 26 91 9 8831 Jan. 9 89 101 July Dec. 19 91 June 14 102 1 Apr. 1 Jan. 30 85% Jan. 22 87% Jan. 9 82% Dec. 2 90 May 20 '3 65% Dec. 9 72% Jan 15 7031 Jan. 2 7131 Jan. 45 Jan. .18 85 July 15 95% 93% 79% 80 7894 Jan. 20 8134 Jan. 5 78 78 7831 Jan. 20 7831 Jan. 20 78 70% 80% 79% Jan. 8 80% Jan. 5 78 57 Sale 67% Sale 60% Sale 41% Sale 100 02% Sale 85 Dec. 16 864 Jan. 6 Aug. 28 8134 Mar. 28 Dec. 6 85 Mar. 1 5931 Sept. 6 68 57% 67 12,000 99% Sale 100 Sale 65% 66 130,000 65% Sale 87% 90% 86 Sale 5631 Jan. 6731 Jan. 5934 Jan. 4031.Jan. 10131 Jan. 91 Jan. 8434 Jan. 3() 59% Jan. 6 53 29 71% Jan. 31 66% 30 62 Jan. 3' 55 30 45% Jan. 2 39% 29 102 Jan. 8 101 5 9231 Jan. 26: 9131 30 85 Jan 29' 90,000 5631 Sale 5931 61 6031 Sale 35 Sale 3931 Sale 6331 Sale 62 June 18 Nov. 29 64 Jan. 3 Dec. 3 79% Jan. 4 May 1 Dec. 1 71 Nov. 7 56 May 21 Nov. 3 106 Apr. 24 Sept. 8 08 Mar. 19 99% Jan. 8 100 Jan. 14 9031 Aug. 11 1031 Jan. 18 6531 Jan. 27 70 Jan. 8 607 Dec. 2 75 Jan. 14 86 Jan. 31 8731 Jan. 10 88% July 3 90 Oct. 4 63% Sale 61% Jan. 2 6434 Jan. 19 60 Dec. 184,000 61% Sale 57% Jan. 62 62% 51 50% 50% Jan. 2 52 Jan. 5 499 Dec. 86,000 50% Sale 57% .57% 5634 Jan. 30 59 Jan. 6 5696 Dec. 36,000 57% 61 42,000 41,000 728,000 453,000 5,000 78 Jan. 15 77% Oct. 2 Nov. 24 77 8634 June 21 87 Jan. 17 8231 July 30 8814 Nov. 25 08 234,000 87 Sale 63,000 70% Sale 43% 910,000 81 9531 Apr. 14 88 June 6 8931 Mar. 10 98% Jan. 4 8931 Jan. 11 9731 Jan. 15 8631 June 18 7 97 June 17 9831 Feb. 17 95% Oct. 8 08 June 30 7134 Jan. 22 71% Jan. 22: 78 Jan. 15 7331 Jan. 22 7331 Jan. 22 77% Oct. 2 77 Nov. 24 8234 Jan. 14 8331 Jan. 20 8234 Nov. 24 Nov. 25 24 8031 14 81 Jan. Jan. 8031 8131 Oct. 18 85 Dec. 2 88% Jan. 4,000 87% 89% 87% 88 10094 100% 98 97% 98 95% 460,000 1,000 35,000 9 29 8231 Jan. 29 8231 Dec. 19 8731 Jan. 28 9731 Jan. 28 97% Jan. 77% 85% 97% 8834 86% 92 91% 86% 91% 80 91 90 90 91 91% 79 85% 97% 88 89% 80 89 8834 88% 00 954 Apr. 14 8331 Jan. 16 8731 June 24 8631 .Tan. 13 82 Sept. 12 92% Jan. 5 8831 Dec. 17 84% Jan. 6 79% Dec. 5 9334 Jan. 3 8831 Dec. 13 87% Aug. 4 70% 70% 92 6,000 16 30 30 31 31 Jan. 81% 81% 1,000 8434 Sept. 4 88 83% 85 8331 Jan. 84 Sale 83 Jan. 90% 91% 9031 Jan. 80% Sale 8031 Jan. 89% Sale 18931 Jan. 82% 8334 82% 8231 Jan. 36,000 9731 9791 9731 9831 97% 72% 71% 7131 75 7131 75 75 73 73% 72% 83 81% 83% 81% 79% 82 81 824 87 87 8331 8331 5,000 87% 93 9131 87% 91% 70% 70% S 185,000 72 57% 60 5631 Jan. 57% 58 56% 59% 3731 Sale 45% 46 61% Sale 65 60 6031 35 38 6134 2 6091 Jan. 20 56 1 6 31 23 74 Jan. 21 63 Sept. 4 6534 June 5 6431 May 28 Dec. 26 80 7 Dec. 30 Jan. 19 0034 Jan. 3 59% Jan. 7 61 Jan. 13 58 Dec. 13 Jan. 2 3891 Jan. 27 34 Dec. 24 Jan. 2 49 Jan. 14 36 Dec. 24 Jan. 31 0331 Jan. 2 64 Dec. 24 7i A nr 72 74 53% 80 86 7R Jan. 3 Jan. 14 Jan. 14 Jan. 2 Jan. 3 Mar. 13 ATM 9 26 BONDS-STOCK EXCHANGE RECORD BONDS N PerY STOCK EXCHANGE iod. Sales in January 1920. Sales in December 1919. PRICES IN JANUARY. Jan. 2. Jan. 31. Lowest. [vol.. no. RANGE FOR Highest. YEAR 1919 Lowest. Highest. Seaboard Air Line (Concl.)Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Fla Cent & Pen 1st ext 6s..'23 J - J Rale Prices Sale Prices 102 101 let land grant ext g 55_1930 J - J 9934 Nov. 21 1003% Feb. 28 104 104 Consol gold 58 1943 J - J 1,000 80 85 89 85 80 Jan. 30 80 Jan. 30 8734 Oct. 15 9234 June 27 Ga & Ala 1st cons 55_0ct 1945 J - J 84 89% Ga Car & Nor lst gu g 581929 J - J 9151 June 27 93 July 9 1,000 2,000 92 88% 92 Scab & Roanoke 1st 5e.._1926 J - J 8894 Jan. 14 88% Jan. 14 94 Apr. 2 9434 Apr. 23 95% Sher Shr & So. See Mo K & T 95% May 8 96 Jan. 30 B ilSp 0 & G. See Atl Coast L Sou Caro & Ga. See Southern Southern Pacific Cod's g Cent Pac coil....Aug 1949 J - D 196,000 80,000 71% Sale 70 70.% 6934 Jan. 29 73 Jan. 10 67% Dec. 3 79% June Convertible 4s____ June 1929 M- S 590,000 3 985,000 81 Sale 7931 Sale 79 Jan. 30 81% Jan. 6 77% Dec. 5 87% June 2 Convertible 55 1934 J -D 781,000 2,700,000 10431 Sale 103 Sale 1023 % Jan. 30 106 Jan. 3 98% Dec. 3 115 June 2 Cent Pac 1st ref gu g 45_1949 F - A 175,000 78 688,000 Sale 73 73% 7234 Jan. 30 78 Jan. 3 7251 Aug. 22 83 Jan. Registered 1949 F - A 1 75 Mtg gu g 3Mu___Aug 1929 J -D 51,000 89,000 81% 82% 80 81% 80 Jan. 30 82% Jan. 3 81 Through St L 1st gu g 4s_ '54 A- 0 Nov. 13 sag Feb. 10 2,000 71% 3,000 74 70 Sale 70 Jan. 16 70 Jan. 16 7051 Dec. 16 80 Mar. 27 Gal H & San Ant 1st 55_1931 M- N 101 87 101 2d_ guar exten 55 1931 J - J 99 92 89 Glla V G & N 1st gu g 55 1924 M- N 92% 102 9234 102 HE &WT 1st g 5s 1933 M-N 1,000 5,000 84 85% 84% 85% Jan. 7 8531 Jan. 7 8436 Dec. 16 92% Mar. 1st gu g 5s _1933 M-N 1 8331 84% H & Tex C lst redeem_g 55114 gu 1937 J - J 21,000 1,000 9194 92% 92 93% 9131 Jan. 12 93% Jan. 7 92 Dec. 15 983% Mar. 1 Gen gold 45, int Oar_ 1921 A -0 11,000 917 2,000 92 93% 94 93 Jan. 9 93 Jan. 9 9134 Nov. 22 94% May 23 Waco & NW 1st g 65..1930 M-N 90 90 91 A & N W lst gu g 5s 94 Mar. 28 94 Mar. V . 1941 J - J 6,000 95 Louisiana West let 65_1921 J - J 87% Dec. 3 87% Dec. 3 99 90% Morgan's La & T let 65_1920 J - J 2,000 98% 99% 99 99% 98% Jan. 5 98% Jan. 5 9934 Aug. 21 9934 Aug. 21 Nor of Cal gu gold 55 1938 A -0 94% 97 94% 97 Ore & Cal 1st gu g 5s 9534 Nov. 13 953.4 Nov. 18 1927 J - J 26,000 93% 13,0001 94% 93% 93 So Pac of Cal 1st cons 55 1937 M- N 9334 Jan. 21 9334 Jan. 28 921 Aug. 29 99 May 27 94% 95 S P Coast 1st gu g 45_1937 J - J 975 July 11 9794 July 11 9034 95% 903 4 San Fran Term 1st 4s 92 June 19 93 Jan. 24 1950 A -0 15,000 55,000, 7234 Sale 72% 74% 7134 Jan. 28 7336 Jan. 30 71 Tex & N 0 cons g 55_1943 J - J Dec. 19 803% Feb. 26 83 83 So Pac RR 1st ref gu 48_1955 J - J 05,000 85 July 10 85 July 10 910,000, 7834 Sale 77 Sale 76 Jan. Southern-lst cons g 5s 10 79% Jan. 74% Dec. 5 3 8394 Jan. 14 1994 J - J 273,000 743,000, 873 Sale 84% Sale Devel & gen 4s, Ser A1956 A -0 595,000 8434 Jan. 28 87% Jan. 3 84 Dec. 17 96% Jan. 6 1,320,000 60 Sale 58% Sale 'Jan. Mob & 0 coll tr g 45 30 Jan. 61% 3 59% Dec. 5734 2 May 20 1938 M- S 32,000 24,000 56 Sale 56% 56% 56 Jan. 2 58 Jan. 20 55 Dec. 5 89 Mem Div lstgss 88% June 6 1996J - J 4,000 84% 89 81% 82 St L Div lst g 4s July 21 9034 91% May 19511 J - J 1 1,000 25,000. 67% 74 64 Ala Gt Sou 1st cons A 5s 1943 J - D 6794 Jan. 22 6794 Jan. 22 6734 Dec. 18 7434 Jan. 13 80 91 91 80 Atl & Char A L 1st A 4%5'44 J - J 8 July 1 93 Jan. 9 927 7,000 22,000 80% 82% 80 783% 80 Jan. 21) 805 1st 30-yr 55 Ser B % Jan. 17 82 Dec. 29 8831 June lb 1944 J - J 7,000 44,000 88% 90% 87% 91% 87% Jan. 9 8831 Jan. 6 86 Dec. 1 973-4 Jan. 10 Atl & Danv lst g 4s 1948 J - J 69 67 Second 45 70 Oct. 6 74 Apr. 21 1948 J - J 57% Atlan & Yad 1st gu g 45_1949IA -0 63 61 E T Va Ga div g 5s_ _19301J - J 88 Oct. 3 68 Oct. 3 10,000 91% 93 91 93 I Cons 1st gold 5s 1956M- N 0234 Dec. 15 97 Mar. 14 - 1,666 13,000 90 90% 8834 8934 8934 Jan. 21 9094 Jan. 17 8931 Dec. 29 97 Mar. 13 E Ten reorg lien g 5s_ 1938 M- S 80 94 8034 94 Georgia Midland 1st 35_1946,A -0 92 July 10 9551 Jan. 30 473( 51 4731 51 Ga Pac Ry 1st g 6s 52 Jan. 20 52 Jan. 20 Y ,(568 1922 J - J ,2 3,000 100 100% 09 9934 9934 Jan. 20 100 Jan. 12 100 Dec. 22 101 Jan. 9 Knox dr Ohio 1st g &L....1925 J - J 2,000 97 99% 0731 Mob & Birm pr lien g 55_1940 - J Dec. 15 100 Dec. 23 973% 85% 97 8531 97 Mortgage gold 45_1945J - J 66 66 R & Danv Deb 55 stp Aug. 65 26 65 Aug. 26 -d_1927,A -0 92% 102 92% 102 Rich & Meek 1st g 45_ _1948 M- N 9294 Nov. 24 9591 July 28 61 61 Va Mid-Series D,4-56_1921M- S June 69 5 71 Apr. 4 95% 05% Series E 55 1926'M- S 5,000 91% 100 9194 100 95 Jan. 7 95 Jan. 7 91 Series F 55 Nov. 3 963-4 July 24 1931M- S 90% 90% General 55 1936 M- N 91% 93 91% 93 Va At S W lst gu 55 96 Feb. July S 15 98 2003J - J 82% 86 82% 86 First cons 50-year 55_1958 A -0 17,000 20,000 58 64 60 62 60 Jan. 26 60 Jan. 28 58 Dec. 31 71 May 21 W 0 & W lst cy gu 4s_ _1924 F - A 85% 95 85% 95 Spokane lutenist 1st g 55_1950 - J 75 75 7534 Apr. 29 753.4 Apr. 29 Ter Assn of St L lst g 43s 1939,A -0 8,000 1,000 81% 84% 82% 83% 81% Jan. 3 82 Jan. 5 8194 Dec. 19 9134 Jan. 17 • First cons g 5s _1894-1944 F - A 85% 90 85% 91 Gen re Cs f gold 45 93 June 6 98% Feb. 5 1953J - J 34,000 9,000 70% Sale 70% Jan. 2 73% Jan. 3 69 Aug. 26 77 Jan. 20 St L M Br Ter gu g 5s 1930 A -0 83% 91 8 75k 0' 9 72 1 Texas & Pacific 1st g 55 92 June 18 92 June 18 2000 J - D 95,000 113,000 841 86 84 54% 83% Jan. 9 85 Jan. 15 8236 Dec. 20 93 June 0 Second gold income 5s....2000 Mch 52 51 52% La Div B L 1st g J - J 75 8134 WMW&NWIstgu551930E- A rot & Ohio Cent-lst g 55_1935 J - J 9,000 2,000 84 87% 82 84% 8334 Jan. 21 8434 Jan. 211 83 Oct. Western Div 1st g 55 23 92 Apr. 23 1935 A -0 80% 87 80% 83 General gold 55 I 83 Oct. 20 87 Jan. 17 5,000 1935 J -D 793% 70 69 80 Jan. 16 70 Jan. 16 70 Oct. 17 73 July 21 Kan & M 1st gu g 4s 1990 A -0 08 641% 73 70 Second 20-year 55......_1927 J - J 7034 Aug. 25 75% May 9 2,000 87% 96% 87% 9634 Tol Peor & W 1st gold 4s 1917J - J ' 8736 Dec. 92 Aug. 15 50 Tot St L & W-Pr 1 g 3%5_1925 J - J 36 Feb. 10 36 Feb. 17 74 74 Fifty-year gold 45 Dec. 2 76 1 7494 Nov. 12 21,000 1950 A -0 81,000 41 ,A2 4 46% 44% Jan. 5 4634 Jan. 17 4251 Dec. 31 56 44 Coll trust 45 g Ser A..__ _19171F - A June 4 3434 Certificates of deposit_ 19 19 Tor H & B let g 4s__July 1946,J -D 1,000 3,000 66 7191 66 Jan. 9 66 Jan. 9 83 Dec.-29 69 71% 66 Dec. 31 'Ulster & Del 1st con g 55_1928,J -D 77% 85% 83 8534 U First refund Nov. 12 809.4 Nov. 12 8094 gold 45_1952,A - 0 85 85 Union Pac RR & lclgr g 45_1947J - J 469,000 807,000 84% Sale 82 Sale 8134 Jan, 28 85% Jan. 5 823-1 Dec.-18 89% Jan. 9 Registered 1947 J - J 84% 84 20-year cony 4s 1927 J - J 173,000 445,000 88% Sale 86 86% 86 Jan. 26 8834 Jan., 3 82 Aug. 18 8934 Jan. 10 First & refund 45_ _June 2008 M- S 249,000 448,000 80% Sale 7434 74% 749-4 Jan. 30 81 Jan. 5 743-4 Dec. 5 83 Jan. 2 10-year secured 6s 1928,J - J 190,000 59,000 102 Sale 10131 Sale 10134 Jan. 30 103 Jan. 5 Ore RR & Nay con g 45_1946,J -D Dec. 5 106 Jan. 20 20,000 47,000 78% Sale 77% 78% 7731 Jan. 29 81 Jan. 6 10131 Ore Short Line 1st g Os_19221 F - A 769-4 Sept. 22 86 Jan. 3 23,000 24,000 100% Sale 100 101 100 Jan. 29 101 Jan. 26 903 First consol gold 55_1946 J - J Dec. 10134 Feb. 11 13,000 24,000 93 94% 92% 92% 9231 Jan. 23 93 .fan. 5 92 Dec. 23 Guar refund gold 4s 1929 J - D 115,000 18 9834 Jan. 21 309,000 84X Sale 82% Sale 82 Jan. 27 85 Jan. 7 7734 Dec. 3 88 Jan. 9 Utah & Nor gold 5s 3,000 19264 - J 92% Sale 91% 93% 9194 Jan. 19 1st extended 4s 9294 Jan. 2 93 Sept. 29 98 June 3 1933,J - J 83% 86 79% 81 Vandalia consol g 4s_ 1955 F - A 12,000 ✓ 78% Dec. 5 8031 Dec. 12 Consol 4s, Series B_ _1957,M- N 81% 81% Vera Cruz & P 1st gu g 4%51934!J - J 35 May 22 35 Virginian 1st 55 Series A _ _ _ 1962, M - N 116,000 May 22 241,000 84% Sale 82% Sale 8231 Jan. 31 85% Jan. 6 8231 Dec. 10 94% Jan. 3 ! Wabash 1st kuld 58 62,000 1939 M- N 155,000 90% 91 89 Sale 883 vv Second gold 55 % Jan. 30 91 Jan. 3 8736 Aug. 26 9834 Jan. 30 1939 F - A 20,000 37,000 82% 83 80 84 80 Jan. 10 83 Jan. 5 79 Nov. 18 89 Jan. 7 Debenture Series B 65_19394 - J 1st lien equip s 1 g 5s.._ _1921 M- S 98% 98% 9734 July 15 9734 July 18 let lien 501-yr g term 45_1954 J - J 70% 70% Det & Ch Ex lot g 5s 7091 Nov. 25 7031 Nov. 25 1,000 1941 J - J 88% 88% 88% Jan. 9 88% Jan. 9 8851 Feb. 17 8831 Feb. 1/ Des Moines Div 1st g 4s_1939J - J 75% 75% Omaha Div 1st g 3345_1941IA -0 65 85 Tol & Chic Div let g 40_1941, M- S 67 Feb. 25 67 Feb. 23 86% 72 Oct. 10 7434 Oct. 28 Wash Term 1st gu 3%5_1945 F - A 23,000 71% 75 70 72 70 Jan. 28 72 Jan. 19 7294 July 22 7534 Mar. 12 1st guar 40-year 45 1945 F - A 74% 78 West Maryland 1st g 4s 1952 A -0 161,000 359,000 50 Sale 503% Sale 50 Jan. 29 52 Jan. 3 4731 Dec. 19 03 May West N Y & Pa 1st g 58_1937 J - J 4,000 93 92 92 Jan. 8 92 Jan. 7 92 Oct. 1 100 Mar. 23 General gold 4s 4 3,000 1943 A -0 2,000 63 65 63 6534 63 Jan. 22 63 Jan. 22 63 Dee. 31 63 Dec. 31 Income 5s 1943; Nov 25 Western Pacific 1st 5s A.. 1946' 293,000 156,000 8234 Sale 81 8234 8134 Jan. 30 88 Jan. 27 7994 Dec. 12 86% Jan. 1 Wheel & L Erie-lst g 5s.. _1926:A -0 11,000 10,000 9194 94 90 92 91 Jan. 24 9294 Jan. 7 92 Dec. 10 96 July 8 Wheeling Div 1st g 55_1928 J - J 95 92 95 Eaten & impt gold 55 1930 F - A 81% 81% Refunding 434s Ser A_ _ _1966 M- S 31,000 7,000 50 Sale 5()94 Sale 50 Jan. 9 51 Jan. 7 4994 Dec. 24 -64-Wh & L E RR 1st tong 45_1949 M- S 27,000 35,000 54 52% 5431 53 Jan. 20 5494 Jan. 8 52 63 Dec. 2 85% May 7 Winston-Salem S B 1st 4s_1980 J - J I I 6694 7634 66% 76% %%Cull Cent 1st gen g 45_1949J - J 30,000 114,000 663.4 7834 6731 687's1 68 Jan. 23 71 Jan. 3 6734 Nov. 19 76 June 6, 8391 Dec. 16 80 Jan Sun&DulDiv&Ter 1st 4s 1936 M- N 2 3.000 10,000 6834 7134 63% 70 67 Dec. 17 77 .Tuns 4 • FEB., 1920.] N BONDS-STOCK EXCHANGE RECORD Int. PerY STOCK EXCHANGE iod. BONDS • Sales in January 1920. Sales in December 1919. 1,000 5,000 1,0001 35,000: 134,000' 20,000 17,000 449,000 1,317,000 6;000 1,000 1,000 65,000 10,000 142,000 63,000 Gas & Electric Light Cos Bklyn Un Gas Co lst c g 58 1945 M -N 8,000 Buffalo City Gas 1st 58......1947 A -0 Cinc Gas de El 1st & ref 58_1956 A -0 Columbia Gas & El 1st 58_1927 J - J 7,000 JStamped Consolidated Gas cony 68_1920 Q - F 162,000 Convertible 5-year 7s 107,000 QCons Gas E L & P of Bait 5-year cony 58 1921 M- N Detroit City Gas Co g 5s_ _1923 J - J Detroit Edison Co 1st 58_1933 J - J 11,000 1st & ref 50 Series A_ _ _ _1940 M- S 31,000 Eq Gas L Co N Y con g 50_1932 M- S Gas & El Co of Bergen Co 58'49 J -D Havana Elec Ry cons g 58_1952 F - A 17,000 Hudson Co Gas lot g 58.._ _1949 M-N Kansas City(Mo)Gas 58.._1922 A -0 Kings Co EL&Pg 58_ _ _1037 A -0 Purchase money 68 1997 A -0 1925 M- S Convertible deb Os Ed El Ill Eke 1st con g 481939 J - J 1,000 Lac Gas L Ref & ext 1st 581934 A -0 1,000 Milwaukee Gots Lt 1st 48_1927 M-N Newark Cons Gas cons 58 g1948 J - D 87,000 N Y Gas El Lt H & P 58_1948 J - D Porch money coil tr g 48_1949 F - A 74,000 Eli El Ill 1st cons g 50_ _1905 J - J Y & Q El L & P lst c g 581930 F - A Pacific Gas & Elec-Cal G & E 70,000 Corp unifying & ref 5s_..1937 M- N Pacific G & E gen & ref 58_1942 J - J 101,000 Pacific Pow (ic Lt lot & ref 50'30 F - A Paterson & Passaic G&E58.1049 M- S People's Gas & C-lot 68.._1943 A -0 3,000 Refunding fold 50 1947 M- S 5,000 Ch Gas L & C lot gu g 5s 1937 J - J Consum Gas Ch lot gu g 58'36 J - D Ind Nat Gas & Oil ref 58.1936 M-N Mut Fuel Gas lot gu g 55 1947 M- N 76,000 Phila Co Cony deb 50 g _1922 M-N 4,000 Stand Gas & El cony s f 68_1926 J -D Syracuse Ltg Co lot g 50...1951 J -D Syracuse Lt & Pow f 50_ _1954 J - J Trenton Gas & Elec lot 58_1949 M- S Union El L & P 1st g 5L....1932 M- S 1933 M-N Refunding 55 United Fuel Gas 1st of 68_1936 J - J 87,000 Utah Power & Lt 1st 58......1944 F - A Utica Elec L & P lst s f 50 g1950 J - J Utica G & El ref & ext 5s 1957 J - J Westchester Light gold 58_1950 J - D Miscellaneous Bonds Adams Express coll tr g 48..1948 MAlaska Gold M deb (30 A....1925 M- S 10-year cony 6s Ser B 1926 MAm Steamship of W Va 1st 50'20 M- N Armour&Co lot real est 4%s'39 J -D Booth Fisheries deb s f 68..1926 A Braden Copper coil tr s f Os 1931 F - A 1952 A Bush Terminal lot 40 Consol 50 1955 - J Buildings 58 gu tax ex_ _1960 A ChC & ConnRys coil 5sJan1927 A Chic Un Rat lot gu A 4%8.1903 J - J 17,000 4,000 150,000 32,000 5,000 19,000 12,000 83,000 1,000 165,000 240,000 14,000 68 66 78 82 80 49 Sale 28% Sale 83 Sale 91 Sale 65 96H 55 75 53% 55 25% 29 25H 26 25% 253 73 60 Jan. 31. Ask. Bid. Street Railway Bonds Brooklyn Rap Trans g 55_ _1945 A -0 34% 13,000, 135,000 33 1st refund cony g 45____2002 J - J 30 3,000 68,000 26 44 8-yr secured notes 75..„1921 J - J Bale 92,000 1,657,000 Trust Co ctfs deposit 548,000 43 Sale 223,000 Do stamped 81,000 317,000 40% Sale Bklyn City 1st con 58 '16-'41 J - J 67 65 Bklyn Co & S gu g 59'16-'41 M-N 70 Bklyn Q Co & 8 lot 58_1941 J - J 10,000 Bklyn Un El 1st g 4-58_1950 F - A 65 60% 18,000 409,000 Stamped guaranteed_1950 F - A 9,000 9,000 60% 6434 Kings Co El 1st g 48___1949 F - A 50 3,000 15,000 49 57 Stamped guaranteed_1949 F - A 26 Nassau Elec guar gold 40 1951 J - J Sale 39,000 16,000 65 Chicago Rys--lst 55 1927 F - A 75,000 64 12,000 70 Conn Ry & Lt-lst g 4%8_1951 J - J 60 80 1951 J - J Stamped guar 430 Sale 68 Det United 1st cons g 4%0_1932 J - J 65,000 48,000 Ft Smith Lt & Tr 1st g 58..1936 M- S 2,000 Hudson & Manhat ser A 58 1957 F - A 341,000 904,000 59 Sale Adjust Income 58 1957 945,000 16% Sale 404,000 70 90 N Y & Jersey lst 50...._ _1932 F - A Inter-Metroo coil 4348_ _ _ _1956 A -0 1,386,000 6,694,000 17 Sale Sale 16% Trust Co certfs of deposit_ 359,000 2,878,000 Interboro R T lst & ref 50_1966 J - J 2,404,000 15,710,000 57 Sale Manhat Ry(NY)con g 48..1990 A -0 44,000 187,000 59 Sale, Stamped tax exempt A-0 136,000 59% 60% 44,000 55% 40 2d 48 2013 J - D Manila Elec lot & coil 58_ _1953 M- S 53 46% Met St-B'y & 7th Av 55_1943 J - D 25,000 91,000 53% 46 Col & 9th Av 1st gu g 58..1993 M- S 48% Lox Av & P F lot gu g 58 1993 M- S Met W S Elev Chic lot 40_1938 F - A Milw El Ity & Lt C01:113 50_1926 F - A 7,000 96 75% 81% Refunding & ext 430_1931 J - J 1,000 General & refund 58._ _ _1951 J - D 75 Mont Tram 1st & ref A 58_1941 J - J 2,000 68 N Orl Ry & Lt gen 430_ _ _1935 J - J 50 N Y Munlc Ry lat A 58_ _1966 J - J New York Rys 1st & ref 40_1942 J - J 335,000 28 Sale 70,000 30% Trust Co certfs of deposit.. 320,000 28 88,000, Adjustment income 50_1942 A -0 248,000 705,000 5% Sale 7% Trust Co certfs of deposit_ 843,000 6 105,000, N Y State Rys 1st cons 4%8'62 M- N 90,000 50 Sale 8,000 2,000 RANGE FOR PRICES IN JANUARY. Jan. 2. Bid. Portland Ry 1st dc ref 58_1030 M-N Port Ry L & P cony 58_1942 F - A St Jos Ry L H & P 1st g 58_1937 M- N St Paul C Cable cons g 58_1937 J - J Third Ave 1st ref 48 1960 J - J Adjustment Income 58_1960 A Third Ave RR 1st gold 58_1937 J -J Tr -City Ry & Lt lot of 58_1923 A Undergr'd of London 4%0_1938 J -J Income 68 1948 J - J Un Rys Inv-58 FM8188_1926 M-N United Rys St L 1st g 46..1934 J -J St Louis Tran gu imp 58_1924 A -0 United RRs San Fr s f 4,3_1927 A Union Trust (N ctf dep.. Equitable Tr(N Y)inter ctf_ Virginia Ry & Pow 1st 58_1934 - J 27 Ask. 37 30 26 29 45% 48% 42 44% 37 Sale 77 69 70 Highest: Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 30% Jan. 25 Jan. 44 Jan. 43 Jan. 37 Jan. 62 67 61% Jan. 6431 62 Jan. 55 Sale 55 Jan. 57 26 28 26 Jan. 65 71 68% Jan. 69% 60 80 68 67 67 Jan. 68 Jan. 68 57 Jan. 573j Sale 15H Sale 153 % Jan. 70 90 17 Sale 16% Jan. 16% Sale 153 / Jan. 50% Sale 49% Jan. Sale " 5631 5631 Jan. 56 59 56% Jan. 42% 55% 46% 50 46 47% 45% 76 8 25 7 6 51 61 48 29 84 60 50 72% 28K 24K 24K 79% 73 95 77 77 30 14 2 5 31 76 Jan. 1 53 Feb. 19 86 Feb. 24 79 May 19 78% June 8 70 Oct. 19 40 Dec. 24 Jan. 14 5931 Dec. 26 Jan. 15 63 Dec. 4 Jan. 31 49 Dec. 31 62 Jan. 18 28 Jan. 23 22% Dec. 17 70 Jan. 28 63 Dec. 26 70% Sept. 11 77 July 7 Dec. 27 67 7 69 Jan. 68 Jan. 9 52 Nov. 14 60 Jan. 9 16% Jan. 6 11% Dec. 6 90 Apr. 28 1931 Jan. 21 14% Dec. 1 19 Jan. 21 13 Nov. 25 57 Jan. 2 4334 Nov. 29 60 Jan. 9 54% Dec. 3 60% Jan. 6 '55 Dec. 2 60 May 3 75 Oct. 24 45% Dec. 10 9 Jan. 50 58 Aug. 11 5731 Sept. 30 4031 Dec. 26 7931 Mar. 20 79% Mar. 21 68 Apr. 62 Jan. 18 55 June 10 81 Jan. 13 88 Feb. 14 77 July V 8134 Mar. 27 21 22 21 20 9 3 63 30 63 31 55 7 9 29 9 28 15 3 2 31 31 30 Jan. 27 Jan. 20 77 64% Jan. 1,000 81 87 96 Sept. 29 96 78 61 55 27 25K 431 434, 48% Nov. 26 Apr. 16 Jan. 21 Dec. 29 Dec. 30 Dec. 31 Dec. 30 Dec. 19 9 9 21 8 23 7 64% Jan. 8 75 55 Sale 73 Jan. 26 30 2 13 8 80 Jan. 5131 Jan, 30 Jan. 84 Jan. 92 Jan. 7 73 97 96% 95 94K Jan. 21 95 87% 89% 87% Jan. 28 90 94 85% 89 84 94K Sept. 29 Jan. 7 85 79 Oct. 4 81 Apr. 18 63 Feb. 25 46% June 45 June 18 16% June 16% June 62 Jan. 0 Dec. 4 75% Oct. 2 Dec. 1 6531 Aug. 22 26 12 46 Dec. 1 21 25 Mar. 26 16 83 Dec. 18 9 0131 Nov. 29 73 May 19 60 Dec. 9 Sale 71% Jan. 9 75% Jan. 10 70 June 19 53% 4631 July 24 55 33 2931 Jan. 12 29% .Tan. 12 22 Jan. 28 26% 25% Jan. 6 29 Jan. 20 22 Jan. 18 27% 26 Jan. 5 28% Jan. 13 22 Jan. 7 67 70 Dec. 24 80 Jan 48 Jan. 28% Jan. 83 Jan. 90 Jan. 65 May 5 1931 June 25 9031 Mar. 28 43% Jan. 4131 June 9 75 June 21 72 Feb. 8 74 Jan. 27 60 May 8 77 Mar. 6 72 June 14 68 Jan. 10 74 Jan. 2 Jan. 20 84% 93% 84% 90 89 85 87% 89 85 Jan. 26 85 Jan. 26 82 87% 82 87% 9031 Jan. 9 100 Jan. 23 692,000 99% Sale 100 Sale 99% Sale 9931 Jan 31 100% Jan. 21 97 8,000 96% 95 8,000 89 22,000 94 30 25 39 37 33 70 Dec. 1 Dec. 3 Nov. 29 Dec. 1 Dec. 1 Oct. 10 33% Jan. 28 Jan. 50 Jan. 47 Jan. 45 Jan. 80% 68 50 Sale 28 Jan. 3 32 .Tan. 30% 28 Jan. 22 31 Jan. Sale 5% Jan. 2 7% Jan. 7% 6 Jan. 3 7% Jan. 55% 50 Jan. 2 52% Jan. 7234 65% 78 80 48 Sale 88 93 96 YEAR 1919. Lowest. 5931 July 8 4234 May 29 93% Oct. 8 97 Feb. 27 73 May 19 78 Mar. 11 78 Nov. 1 55 July 8 3031 June 383j July 3031 June 79 Jan. Oct. 9 95 Jan. 2 93 July 10 93 July 82 Jan. 29 90% Oct. 82 Jan..24 9031 July 98% Dec. 1 10531 July 96% May 5 9431 July 31 Jan. 26 94 July 29 Jan. 14 88% Sept. 22 80 1 80 18 10 9 30 18 99 Apr. 9 9631 July 24 9631 Mar. 28 94 Jan. 31 Jan. 19 85% Jan. 28 84 Nov. 20 87 Sept. 17 90 May 12 91 Sept. 9 92% May 2 92% May 84% Dec. 17 94 Feb. 21 95 Oct. 20 105 Feb. V 90 Jan. 2 98 Apr. 8 Dec. 24 84 Feb. 1 75 29 Jan. 7531 82% Jan. 27 80 Dec. 15 97 Jan. 15 87 Oct. 14 89 June 28 90% 2,000 83 85 2,000 83 99% 91% 983 99% 99 80 % Jan. 29 2,000 i8K so 82 86 8231 Jan. 27, 11,000 8134 83 87 87 87% 11,000 86 86 811% Sale 81%, Jan. 30 205,000 82 Sale 62% Jan. 20 218,000 62% Sale 63% 64 90 81 89 81 89 Jan.80 14 701Jan. Jan. 92 85% Jan. 12 80K Dec. 3 94 64 Jan. 8 59 Dec. 5 92K Nov. 12 100 88% 88% Jan. 23 9031 .Tan. 2 88 Dec. 15 9831 Feb. 8 70,000 90% Sale 80 141,000 8034 81% 81% 81% 80% Jan. 28 83 Jan. 14 80% Dec. 31 88 Jan. 8 82 Apr. 12 88 Jan. 22 88% 81% 86 88 9,000 59 75 89 90 67 59% 63 71% 85 85 Jan. 22 64 Jan. 7 80 97 Aug. 25 101 Jan. 21 Jan. 22 62 Dec. 10 7731 Mar. 19 Jan. 7, 79% Sept. 26 88 July 18 87 Jan. 23 89 8834 Jan. 23 91 75 May 17 78 May f Jan. 9 8531 Dec. 17 94 May 9 Jan. 26 87% Dec. 20 9631 Apr. 28 64 80 54,000 87% Sale 92 10,000 88 84% 2,000 . 87% 88 90 87 81% 72% 88% 97% 97 29,000 82% 83% 95% 86% 90 72% 90 , Oct. 21 ( 883 82 July 23 97% 94 Apr. 22 97 83% 84 82% Jan. 5 8531 Jan. 12 81% Dec. 5 95% 87 Nov. 22 88% 82 85 Oct. 10 82 90 33,000 58% Sale 76,000 15% Sale 16 28,000 13 97% 487,000 8334 Sale 95% 78,000 90% 92 5,000 75% 79% 10,000 78 Sale 25,000 80% 81% 40% 170,000 82% Sale 73 55 60 15% 20 13 .17% 971 84 83 897 95% 90% 94 80% 77 80 73 79% 75 40% 81% Sale Dec. 24 7431 Sept. 18 92 82 98 90 Jan. 23 July 28 Feb. 18 June 5 90 92 Feb. 21 Jan. 18 55% Jan. 30 58% Jan. 2 65 Sept. 22 0731 May 24 15% Jan. 2 16 Jan. 29 12% Dec. 30 35 Jan. 24 12 Dec. 19 34 Jan. 18 82% Jan. 26 83% Jan. 3 81 /Jan. 91 Jan. 27 917 7931 Jan. 7 79% Jan. 78 Jan. 2 82 Jan. 79% Jan. 26 82% Jan. 8131 Jan. 3 83 21 8 13 7 89H 77 75 7531 Dec. 16 8854 Jan. 14 Dec. Oct. Dec. Dec. 17 15 18 5 97 MU 83 Mar. 20 85% Jan. I 83 July 111 Jan. 10 7834 Dec. 6 89 Jan. 8 28 BONDS-STOCK EXCHANGE RECORD BONDS N Y STOCK EXCHANGE int. Period. Sales in January 1920. Chile Copper cony 75 1923 M-N Coll trust 65 ser A sub recta_ _ M-N Coll trust 6s cony ser A..1932 A Computing-Tab-Rec s f 68_1941 J - J Granby Con MS & P 1st 6E31928 M-N Stamped 1928 M-N Great Falls Pow 1st s f 55.. _1940 M- N 184,000 945,000 18,000 5,000 Int Mere Marine 1st s f 68_1941 A 486,000 Montana Pow 1st & ref s f 5$ A J - J 88,000 Mortgage Bond 4s Ser 2_ 1966 A 10-20-year 58 Series 3.._ _1932 J - J Morris & Co 1st s f 4348 1939 J -J 8,000 N Y Dock 50-year gold 48_1951 F - A 16,000 Niag Falls Power 1st 58_1932 J -j 2,000 Refunding & gen 68_Jan 1932 A Niag Lock & Out Pow 1E4581954 M- N 2,000 North States Power 59 A 1941 A 41,000 Ontario Pow N F 1st 58_1943 F - A 11,000 Ontario Transmission 5EL _1945 M-N 8,000 Pan-Am P&T 1st cony 68'19-27 J -J Prov Loan of N Y g 44E1_1921 M-S Pub Ser Cor NJ gen 50-yr 58'59 A 71,000 Sierra & S F Power 1st 58_1949 F - A Tennessee Cop 1st cony 68_1925 M-N 21,000 Wash Wat Pow 1st 30-yr 591939 J -J W Penn Pow 1st 6s SerC_1958 Wilson & Co 1st s f 68 1941 A 1F,0,000 10-year cony s f 6s 1928 J -D 334,000 Manufacturing & Industrial Am Agr Chem 1st oonv 59_1928 A 73,000, Convertible deb 5s 1924 F - A 32,000, Am Cotton 011 deb 5s 1931 M- N 6,000 Am Smeltg & Ref ser A 55_1947 A-0 330,000 Am Tobacco 40-year g 68.._1944 A 48 1951 F - A Am Writing Paper s f 7-68 1930 J -J 92,000 Baldwin Loc Wks 1st s f 58.1940 N Central Leather 20-yr g 59_1925 A 143,000, Central Foundry 1st s f 68_1931 F - A 12,000 Conso iTobacco 50-yr g 4s_1951 F - A Corn Prod Ref golds? 55_ _1931 M- N 12,000 1st 25-year f 5s 1934 M-N 27,000 Distillers'S C cony 1st g 58 1927 A E I du Pont Powder 44s_ _1936 J -D General Baking 1st 25-yr 681936 J -D General Elec deb g 334s_ _.A942 F - A 4,000 Debenture 58 1952 M- $ 57,000 Ingersoll-Rand 1st Os..Dec 1035 J Int Agric Corp 1st & coil tr 58'32 M-N 64,000 Internat Paper cony at g 581935 J 3,000 J 1st & ref sr cony 58 serA1947 13,000 Liggett & Myers Tob A44,000 55 1951 F - A 18,000 (P) Lorillard Co 7s 1944 A 7,000 5s 1941 F - A 12,000 Nat Enam&Stpg 1st 20-yr 59'29 J -D 5,000 Nat Starch 20-year deb 58_1930 J -J National Tube 1st Os 1952 M-N 81,000 N Y Air Brake 1st cony 69_1928 M-N 11,000 Pierce 011 5-year cony 6s_ _1920•-0 10-year cony debeu 6s_ _1924 J - J 1,000 Standard Milling let Os_ _1930 M- N 5,000 The Texas Co cony deb 69_1931 J - J 136,000 Union Bag & Paper 1st 5 f 55'30 J -J Stamped J-J Union 011 of Calif 1st 55___1931 J - J S Realty & Inapt deb g 581924 J - J 1,209,000 U S Rubber 5-yr sec 7s____1923 J -D 119,000 1st dr ref 58 series A.. _ _1947 J- J 865,000 S Smelt Ref & Mg cons- 68 1026 F - A 69,000 Vs-Car Chem 1st 15-yr 58_1923 J -D 78,000 Cony dabs? Os__ _May 192-1 A 63,000 Western Elec 1st 58 Dec 311922 - J 66,000 Sales in December 1919. [VOL. 110 PRICES IN JANUARY. Jan. 2. Jan. 31. Lowest. RANGE FOR YEAR Highest. Lowest. Bid. Ask. Bid. Ask. Bale P-ices. Sale Prices. 434,000 107% 108 105 Sale 10434 Jan. 31 10894 Jan. 5 1,458,000 86 Sale 80 Sale 793-4 Jan. 30 86 Jan. 2 13,000 84 88 85 • 80 86 Jan. 30 88 Jan. 8 9,000 96 974 03 90 Jan. 26 93 Jan. 27 96 23,000 96 9734 93 98 14,000 90 91% 91% 978,000 94% Sale 172,000 85% Sale 93 84 14,000 8031 83 2,000 65 66 91% 0631 10134 86 90% 68,000 82% 83% 1,000 83 85 75 794 135 90 379,000 58% Sale 76 7,000 94% 94% 84% 66 Sale 0234 94 100% 76 90% 82% 83 83% 85 72 79 Sale Sale 9034 65% Sale 9234 Jan. 30 0531 Jan. 84 Jan. 31 85% Jan. 82 Jan. 66 Jan. 923-4 Jan. 93 Jan. 88 Jan. 8234 Jan. 8234 Jan. 72 Jan. 12 31 15 7 14 30 13 27 8354 Jan. 6731 Jan. 924 Jan. 93 Jan. 88 Jan. 85 Jan. 85 Jan. 75 Jan. 55,000 16,000 29,000 432,000 100,000 1,000 138,000 2,000 1,000 15,000 13,000 69,000 98 94 Sale Sale 98 Sale 98% 95% 98% 9834 97 85 894 8631 89 86 Sale 84% Sale 119 119 79 80 83% Sale 824 83% 100 99 96% Sale 95% 96 83 82% 75 7734 75 77% 100% 101 10031 101 1004 102% 10031 101% 88 83% 04 100 9434 95% 89 90 71% 7234 71% 93% Sale 06% Sale 16,000 813,g 83% 79 81 9831 100 92 8634 114,000 110 Sale 110 110% 33,000 86 88% 89% 87 43,000 108% Sale 108% 110 30,000 88 Sale 85% Sale 1,000 96% 974 96% 93% 93% 43,000 924 Sale 92% 91 • 20,000 99 99% 08% 100% 21,000 1044 104% 1043-4105 13 22 15 7 14 16 30 20 58% Jan. 2 66 94% Jan. 5 9531 Jan. 27 Jan. 17 9754 Jan. 22 98% Jan. 8 94 Jan. 31 96% Jan. 5 Coal, Iron and Steel Bonds Both Steel 1st ext s f 5s_._1926 J - J 20,000 96% Sale 26,000 lit & refund 5s gu ser A_1942 5,1-N 100,000 112,000 88 Sale 20-yr pur & m Imp St 5E3_1936 J - J 116,000 309,000 86% Sale Buff & Susq I s f 58 1032 J -D 87 Deb 58 Jan 1926 NI- S 9234 Cah C M Co 1st gu g 6a___1922 J -D Col Fuel & I Co gen s f g 5s1943 F - A 12,000 84 38,000 87 Col Indus 1st coil tr 59 gu_ _1934 F - A 34,000 74 Sale 56,000 Consol Coal Md 40-yr 5s__1950 J -D 79% 814 Elk Horn Coal cony 08_ _1925 J -D Illinois Steel deben 4348_ _ _1940 A 105,000 . 110,000 84 Sale Indiana Steel 1st 58 354,000 9234 94 M-N 69,000 Jefferson & Clear! 2d 5s_ _ _ 19 92 J 56 2 -D 06 Lackaw Steel 1st cony 5s 1923 A 6,000 93% Sale 87,000 PP 1st cons 55 Series A 180,000 95% Sale S 101,000 Midvale St & Ord cony 9159' 700,000 834 Sale 195 3° 6 M- S 292,000 Pocahon Con Coll 1st s f 58 1957 J -J 80 84 Repub I & S sink fund 59_1940 A 40,000 29,000 9534 95% St L R Mt & Pac 5s stmp'd 1955 J - J 4,000 4,000 • 69 73 Tenn C I & RR gen 58 36,000 40,000 0234 Sale 1951•-J US Steel Corps f g 58_Apr 1963 NI- N 1,012,000 1,176,000 97% Sale Registered 8,000 1,000 9434 Apr 1963 M N Victor Fuel 1st s f 58 1953 J 50 J Vs Jr Coal & Coke 1st g 59_1949 PA- S 32,000 80 8534 2,00011 8031 Dec. 24 8834 June 65 Dec. 30 72 June 931 Nov. 22 97 Jan. 100 Sept. 4 10134 Oct. 91 Sept. 15 94 Oct. 82 Dec. 26 91 Jan. 8434 Nov. 25 911 July 79 Nov. 20 82 Oct. 11231 Jan. 30 155 May Aug. 22 94 July 92 5431 Dec. 4 80 Jan. 79 May 12 79 May 91 Jan. 15 96 June 90 Apr. 12 05 June 9931 July 29 99% Aug. 943-4 Nov. 2, 101 June 94 Dec. 1 10491 June 4 16 25 21 16 3 23 1 23 25 2 12 4 26 1 6 5 98 Jan. 2 100 Jan. 9 0691 Nov. 24 101 Feb. 19 9634 Jan. 30 99% Jan. 9 98 Nov. 18 1124 May 9 86 Jan. 13 89 Jan. 3 84 Dec. 27 894 May 22 84 Jan. 30 864 Jan. 5 84 Dec. 24 93 Jan. 3 119 Jan. 17 1194 Mar. 12 724 Jan. 21 80 July 14 8154 Jan. 21 83% Jan. 5 83 Dec. 5 9034 Aug. 1 100 Apr. 26 101 Mar. 21 954 Jan. 30 97% Jan. 7 9434 Dec. 22 9834 Aug. 12 80 Jan. 6 81% Jan. 7 78 Apr. 4 8734 July 25 903.4 Feb. 21 102 Sept. 26 8 9954 Jan. 3 1004 Mar.31 8534 Oct. 4 924 June 6 924 Mar. 5 94 June 7 88 Feb. 25 88% July 7 8 70% Jan. 6 70 Oct. 22 77 June 24 5 97 Jan. 30 93% Dec. 2 101 Apr. 2 10031 Jan. 29 10034 Jan. 704 Jan. 934 Jan. 7934 Jan. 994 Jan. 84 Jan. 10834 Jan. 8734 Jan. 10831 Jan. 8554 Jan. 9734 Jan. 784 Jan. 2 8531 July 98 Apr. 1 98 Apr. t,531 July 11 90 June 108 Dec. 5 1149-4 June 85 Dec. 30 95 May 10754 Dec. 26 1134 May 85 Dec. 30 94 Jan. 95 Apr. 10 98 June 16 1 19 6 27 19 2 6 Jan. 10 9334 Jan. 7 02 Dec. 30 99% Feb. Jan. 3 0931 Jan. 21 084 Nov. 12 103 June 100 Nov. 12 145 May 10431 Jan. 7 10431 Jan. 7 88% Jan. 2 112% May 4 19 21 9 30 8431 Jan. 19 9934 Jan. 17 8634 Jan. 16 111 Jan. 23 8914 Jan. 28 1094 Jan. 28 88 Jan. 6 074 Jan. 7 10 19 8 13 30 2 6 02 95 3,000 92 92% 90. 9234 934 Jan. 46,000 102% 102% 103 Sale 1014 Jan. 90 88 94% 9534 89,000, 76% Sale 30,000' 10331 Sale 956,000 89 Sale 53,000 105% 106 65,000 94 94% 4,000 101 Sale 89,000 96% 97 Sale Prices. Salo Prices. 10154 Dec. 2 128 June 10 8234 Jan. 23 95 July 11 75 Dec. 1 9431 July 14 82 Dec. 4 89 July 25 96 Oct. 1 98% Feb. 6 95 Apr. 28 98 Jan. 20 93 Dec. 17 96 July 9 5 0234 Dec. 20 10594 May 21 9 84 Dec. 22 95% Jan. 4 91% 142,000 97% Sale 289,000 954 Sale 1919. Highest. 94% 05% 78% Sale 7634 Jan. 103 Sale 102 Jan. 85% Sale 85% Jan. 103% Sale 103 Jan. 9431 94% 9454 94 Jan. 997 1009-4 100 Jan. 0694 Sale 96% Jan. 8 03% Jan. 5 10534 Jan. 2 82 Jan. 30 10331 Jan. 31 00 Jan. 22 105 Jan. 27 95% Jan. 28 101 Jan. 31 97% Jan. July 31 95 Feb. 26 13 91 7 10054 Jan. 6 1044 Oct. 27 8134 Aug. 20 809-4 Apr. 29 12 3 2 10 12 16 14 9334 Jan. 27 9554 Oct. 60 Jan. 14 7834 July 10234 Dec. 6 10454 July 83 Nov. 28 8934 May 9791 Feb. 11 10754 Nov 0331 Dec. 17 9834 June 093-4 Dec. 31 10554 Oct. 9031 Dec. 15 9051 Feb. 27 23 20 29 25 24 0 27 3 Jan. 21 954 Jan. 22 07 1)74 96% Jan. 2 97% 85% 84% Jan. 30 89 Jan. 6 8491 Dec. 13 82 84 Sale 84 Jan. 31 8634 Jan. 3 80 Jan. 20 87 9334 July 8 0234 00 Sept. 12 98 Oct. 92 June 8934 June 0334 July 0194 Nov 84 84% 73 Sale 73 80 94 82 82% 92 93 06 03% 933,4 95 94 84% Sale 82% 925 01 69 68 91 89 9731 Sale 92 July le 81 July 14 90 Feb. 26 9834 Jan. 31 8634 Oct. 11 0834 Mar. 4 50 81 Jan. 8 8534 Jan. 19 834 Dec. 10 Jan. 5 74 Jan. 13 7354 Feb. 27 824 Aug. 20 95 Jan. 21 824 Jan. 23 84 Jan. 2 8254 Nov. 12 92 Jan. 30 934 Jan. 7 01 Dec. 30 84 73 17 27 12 A 17 0334 Jan. 28 9434 Jan. 16 04 Dec. 24 9834 July 17 9334 Jan. 24 9934 Jan. 5 86 Jan. 29 107 Nov 3 83 Jan. 22 854 Jan. 8 8094 Dec. 17 91 June 23 8394 Oct. 28 884 June 4 92 Jan. 27 96 Jan. 5 02 Dec. 12 96 May 8 70 Jan. 30 72 Jan. 27 70 Oct. 14 8054 Mar, 20 90 Jan. 26 03 Jan. 3 87 Sept. 20 93 June 25 964 Jan. 2 9031 Jan. 12 9431 Dec. 30 10134 Feb. 7 97 Jan. 5 9931 Jan. 8 07 Dec. 1 10151 Feb. 7 70 Mar. 4 70 Mar. 4 85% 8234 Jan. 30 8234 Jan. 30 81 Dec. 3 87% Jan. 4 Telegraph and Telephone Am Tel & Tel coil trust 49_1929 J - J 454,000 602,000 784 Sale 77% 78 7734 Jan. 30 80% Jan. 0 764 Dec. 31 86 June 11 Convertible 45 1936 75 69% 77 Jan. 4 80 May 14 20-year convert 4 348.. 22,000 101,000 81% 82% 84% 85 1933 82 Jan. 14 85 Jan. 30 7994 Dec. 17 91 May 27 30-year coil trust 58 1,753,000 80% Sale 82 Sale 1948 -D 568,000 80 Jan. 2 83% Jan. 7 70 Dec. 24 94 Jan. 10 7-year convertible 68 715,000 99 Sale 99% Sale 1925 F - A 677,000 0831 Jan. 21 09% Jan. 7 07% Dec. 5 10454 May 29 Cent Dist Tel 1st 30-yr 58_1943 J -D 6,000 96 97 96 98 96 Jan. 3 96 Jan. 3 06 Apr. 984 Feb. 1 Chicago Telephone 1st 58..1923 -D 95 934 933-4100 9534 Apr. 5 9634 Feb. 13 Commercial Cable 1st g 48_2397 QCumb T & T Ist & gen 5s 1937 J - J 38,000 85 Sale 84% 86 18,00011 8434 Jan. (1 8531 Jan. 30 853-4 Dec. 22 94 Mar. 14 Keystone Telephone 1st 58 1935 J - J 88 88 Mich State Telep 1st 20-yr 58'24 - A 3,000 15,000 84 85 8634 91% 85 Jan. 7 8534 Jan. 17 81 Sept. 12 924 Feb. 28 NY&NJ Telep gen 58_ _ _192 4,000 1,000 985-4100 984 -N 0934 Jan. 24 9934 Jan. 24 08 Dec. 1 084 Jan. 13 NY Tel 1st & gen 5 f 448_1939 1,022,000 804 Sale 362,000 80 Sale 7031 Jan. 29 81% Jan. 0 7834 Dec. 24 911 Feb. 18 80-ye eideben 6s 1949_ 1949 - A 248,000 206,000 94 Sale 93 Sale 03 Jan. 31 9694 Jan. 21 04 Dec. 26 101 June 12 Pacific T & T 1st 5s 23,000 134,000 86 Sale 87% 8734 86 Jan. 2 8834 Jan. 14 8394 Dec. 30 95 Jan. 15 1937 J - J South Bell T & T 1st f 58_1941 J - J 33,000 84 36,000 84% 8454 85 84 Jan. 0 8534 Jan. 13 84 Dec. 30 93% Jan. 4 West Un-Coll ^-7.• 5s 25,000 80% 84 9,000 1038 J - J 8634 86% 84 Jan. 3 8634 Jan. 23 81 Dec. 26 94 Feb. 27 Funa rea est 4;is g 1950 14-N 75,000 8134 81% 79 27,000 70% 79 Jan. 26 8134 Jan. 5 80 Dec. 11 92 Jan. 2 Mutual Un ext 55 gu_ 1941 111-N 90 W 1'P1 en filed 4 .1 4s g 1934 J - J a On the basis of $5 to the I sterling. h On the '19.1111 of fivIr rn trio to one dollar. e 11'tr9t Ing,Alinliint paid. d Full paid. • Fart paid a Option sale. totealg "wh " 71‘t nri i M M- S I M M- N FEB., 1920.] 29 STOCKS-STOCK EXCHANGE RECORD STOCKS-PRICES AND SALES FOR JANUARY 1920 AND THE YEAR 1919. In accordance with a rule of the Stock Exchange effective Oct. 13 1913, all stocks are now quoted dollars per share. Prices are on basis of 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded. STOCKS Price about' Al V STOCK EXCH'CIE Jan. 2 In 12 Months January. 1919. 1919. Par Shares. Ask. Shares. Bid. 100 Lan Arbor 8,017 4,800 Preferred 100 1,600 500 ktchison Top & S 697,150 9334 Sale 29,011 100 Preferred 105,922 8834 Sale 5,700 ktlanta Birm & AU....100 83,146 6 3,300 734 ktlan Coast Line RR..100 84,650 2,300 100 Baltimore sic Ohio 802,750 50 Sale 29,162 100 Preferred 108,615 5534 Sale 8,213 Brooklyn Rap Transit _100 809,848 22 Sale 26,030 Certificates of deposit.. 183,425 20,600 7234 Buffalo Roch & Pitts_ _100 2,211 65 141 100 Canada Southern 665 100 10(. Canadian Pacific 492.068 160 Sale 33,200 Central RR of N J..--100 1,500 209 230 100 Chesapeake & Ohio. 100 466,120 5634 Sale 6,600 100 1034 Chicago & Alton 7,400 7 300 100 Preferred 8,900 934 14 Chic & East Ills tr rects___ 9,100 Preferred trust receipts. 12,440 1,000 106 ChicGreat West 135,200 734 8% 2,600 100 Preferred 98,975 23 Sale 2,100 Chic Milw & St Paul..100 27,300 1,012,700 3934 Sale Preferred 100 590,800 7234 Sale 25,000 Chicago & North We8t.100 258,383 96 Sale 16,700 Preferred 100 136 20,155 131 1,700 Chic Rock Isl & Pac(new). 760,340 2534 Sale 20,000 7% preferred Sale 120,270 7954 4,600 6% preferred 143,835 66 Bale 4,800 Chic St P Minn & Om_100 325 10,410 76 8034 100 Preferred 2,570 105 120 615 Cloy Cin Chic & Bt L 100 31,700 3434 36 200 100 Preferred 6,965 6654 72 100 Cleveland & Pittsburgh_50 111 80 50 14 Jolorado & Southern..100 86,400 I.. 3,800 100 2d preferred 48 100 40 1,300 Cripple Creek Cent .__100 33 800 100 Preferred 42 100 . , 1 I I l RANGE FOR PRICES IN JANUARY. SALES Jan. 2. Jan. 31. Lowest. Highest. Lowest. YEAR 1919. Highess. Sale Prices. Sale Prices Sale Prices. Ask. Bid. Ask. Sale Prices. Apr. 22 1334 Nov. 18 1 7 Jan. 16 1234 Jan. 31 12% Sale 25 Sale 24 Jan. 30 25 Jan. 27 15 Oct. 31 24% Dec. 26 83 Sale x81% Jan. 30 85% Jan. 6 8034 Dec. 12 104 May 27 84% Sale 78% 79% 78% Jan. 2 82 Jan. 3 7634 Dec. 19 89 Jan. 4 7834 Sale 6% Jan. 28 7% Jan. 3 6 Mar. 31 153.4 July 24 7 Sale 734 Sale 89% 89% 8934 Jan. 26 93 Jan. 7 8734 Dec. 29 107 May 29 9034 Sale Jan. 29 33% Jan. 3 2834 Dec. 15 55 May 27 31 31% Sale 33 Sale 433-4 Jan. 30 49 Jan. 12 3834 Dec. 16 &934 May 27 47 Sale 144 Sale 11% Jan. 5 1434 Jan. 21 10 Dec. 27 3334 July 23 12% Sale 1354 Sale 7 Jan. 3 10 Jan. 24 5 Dec. 27 2834 July 23 9% Sale 7% Sale 45% 50 50 Jan. 6 50 Jan. 6 50 Dec. 18 a723.4 Feb. 20 50 43% Jan. 7 43% Jan. 7 42 Dec. 22 48 May 25 43% 41% 50 42 130% Sale 127% Sale 12734 Jan. 28 134 Jan. 3 12634 Dec. 11 17034 July 10 175 Jan. 28 175 Jan. 28 170 Sept. 23 213 Aug. 19 55% Sale 56 Sale 5434 Jan. 29 56% Jan. 5 5134 Dec. 16 68% May 26 7% Jan. 2 8 Jan. 27 7% Jan. 13 12% May 15 8 Sale 7% Sale 10% May 9 1734 July 17 15 9 15 7 3 Dec. 24 1334 July 23 3% 4% 3 49/ 3% Dec. 17 1734 July 24 3 Jan. Jan. 6 10 5 7 8 Jan . 27 9 Jan. 3 7% Jan. 21 12 July 17 8 Sale 831 Sale 21 Jan. 2334 Dec. 13 30% May 19 25 27 5 23 Jan. • 23% 2234 24 3534 Jan. 15 3834 Jan. 2 343.4 Dec. 12 5234 July 17 37 Sale 3834 Sale Dec. 12 76 July 17 48% 14 5 Jan. Jan. 54% 52% Sale 5034 5334 Sale 85 Sale x87 Sale 8334 Jan. 30 8734 Jan. 5 85 Nov. 28 103 May 28 Dec. 5 133 Jan. 17 x116 120 2 116 6 Jan. 115 Jan. 120 z116 Sale 2534 Jan. 29 2834 Jan. 3 2234 Jan. 21 3234 July 17 26% Sale 27% Sale Dec. 19 84 June 6 68 5 Jan. 72 17 Jan. 69% 70% 6934 70% Sale 60% 61% 60 Sale 5934 Jan. 24 6134 Jan. 5 5534 Aug. 21 78 July 17 Dec. 31 82 Jan. 7 8 Jan. Jan. 57 2 58% Sale 5834 6034 90 Sale 90 Jan. 14 91 Jan. 31 88 Dec. 31 107 July 17 Feb. 17 5434 June 6 32 45% 27 16 Jan. 45 Jan. 45 51 48 45 65 Jan. 12 65 Jan. 12 63 Sept. 11 74 July 12 63 68 68 63 3 27 6934 June 27 Jan. June a65 3 Jan. a65 80 80 65 6934 Dec. 13 31% May 6 21 Jan. 14 2334 Jan. 30 19 22% Sale 43 Jan. 16 43 Jan. 16 45 Feb. 4 51% May 29 1% Dec. 23 20 Apr. 9 a 5 Jan. 9a 5 Jan. 0 --Dec. 19 15 Dec. 19 a15 Jan. 9a15 Jan. 9 15 Bid. May 29 Delaware & Hudson_ _100 6,700 84,253 1020 110 93 95 93% Sale 9334 Jan. 14 96 Jan. 5 9134 Dec. 1 116 Del Lack & Western..-50 1,900 20,388 182 Sale 187 196 172% Sale 172% Jan. 31 191 Jan. 31 17234 Mar. 18 217 May 7 1634 7 Apr. 14 July 3 Jan: 7 Denver & Rio Grande-100 Jan. 7 9 1,500 26 3 334 9 50,150 7 9 6 100 Preferred 12% Jan. 17 1334 Jan. 5 63-4 Feb. 3 24 July 14 13,100 823,942 7 Sale 12% Sale 13% Sale 105 24 13 b. Detroit United Hy__ 100 F, 100 May 101 80 2 12 Jan. Jan. 500 89 4,350 101 100 Sale 4 Duluth S S & Atlantic_ 100 4 Jan. 3 4% Jan. 2 300 3 13,100 3% 4 234 Dec. 12 634 July 15 4% Sale 11%J 100 17 8 21 ly 13 Preferredi Jan. Apr. 100 13 6,200 5 Jan. 55% 9 6 10 734 6 734 100 22,900 584,413 1734 Bale Erie 13 Sale . 12% Sale 1234 Jan. 30 1334 Jan. 5 1234 Dec. 30 2034 May 19 100 19 Jan. 16 2134 Jan. 5 1834 Dec. 30 33 July 17 10,200 389,460 2834 Sale 20% Sale First preferred 19% Sale 22 1334 Jan. 26 15 Jan. 3 1334 Dec. lb 23 July 17 3,300 40,850 20 100 14% 14 Sale Second preferred 14 32,550 711,583 950 Sale 80 Sale 178% Sale 177 Jan. 16 8134 Jan. 5 7534 Dec. 12 100 May 27 Great Northern pref 100 37% Jan. 24 41 Jan. 3 31% Jan. 2 52 July 10 38% Sale 38,000 1,458,740 31 Sale Iron ore properties 3834 Sale 10 7 Sept. 20 1234 July 28 7 Jan. 24 8 Jan. 31 300 13,800 7 8 Sale 6% 8 Gulf Mob & Nor tr 0(8100 38 100 30 600 32% 28 Jan. 24 30 Jan. 22 30 Dec. 15 4034 July 18 6,850 31 30% 34 Preferred 29 3 Jan. Jan. Dec. 30 104 May 29 905 85% 106 Sale 88% 88 4,250 90 Central 88% 101,230 96_ 99% Illinois 3% Jan. 6 4 Jan. 7 33.4 Mar. 28 93.4 May 2 3% Sale 4 Sale 23,800 787,740 (nterboro Cons Corp v t c 4 Sale Sale 30 21 Jan. Jan. Dec. 23 8134 May 12 13 10 100 Sale 17 11% 677,890 Preferred Sale 18,000 13 1134 15% 16 208,400 1834 1834 1534 Sale 3,300 Kansas City Southern_100 155-4 Jan. 21 16% Jan. 6 13 Nov. 28 2534 May 19 55 2 Jan. Jan. Dec. 13 67 May 20 40 9 100 47 Preferred 2,000 19.040 52 4634 Sale 145 4354 4754 10 13% 10 Jan. 27 10 Jan. 27 7 Feb. 26 14 July 21 100 14,900 23( Elide Lake Erie & Western....106 22 100 15% 17% 1634 Jan. 14 19% Jan. 0 13 Dec. 16 25 May 19 Preferred 400 12,900 18 50 43% Sale 413. Jan. 2 4434 Jan. 8 4034 Dec. 30 6034 May 2 Lehigh Valley 19,800 398,475 65 Bale 41% Sale Louisville & Nashville_100 3,100 43,602 11734 121 111 Sale 1106 108 j10534 Jan. 23 11234 Jan. 5 104% Aug. 18 13234 May 17 43 Jan. 31 48 Jan. 7 3734 Dec. 23 88 Jan. 28 43 Salo Manhattan Ry guar_..100 3,200 91.40 81 Bale z47 Sale 5,100 12 12% Jan. 30 14 Jan. 5 9% Jan. 21 24 July 17 13% Sale Minneap & St L (new)..10u 312,628 11 12% Sale 100 94 71 Minn St P & B B M 1,100 73 23,230 90 7034 Jan. 23 7434 Jan. 5 70 Dec. 16 98t May 29 100 Preferred 90 Jan. 22 91% Jan. 15 90 Dec. 10 109 May 16 91 700 96 3,272 105 110 100 55 Jan. 12 60 Jan. 15 50 Dec. 31 60% July 24 Leased line Ws 50 300 1,000 60 9% Sale 8% Jan. 15 9% Jan. 3 434 Feb. 10 16% July 22 Mo Kansas & Texas._100 12,000 9 Sale 916,100 5 Bale 100 Preferred 12 Jan. 17 14 Jan. 3 854 Jan. 13 2534 July 18 14 13% Sale 1,600 153,70 83j 834 12 24 Jan. 24 26% Jan. 5 2234 Nov. 29 3834 July 9 Missouri Pacific tr ctts.100 25% Sale 21,200 2,152,325 23 Bale 26 Sale 11,675 Preferred trust ctts 100 225,510 6334 Bale 41% Sale 42 Sale 3934 Jan. 29 43 Jan. 5 3734 Dec. 15 6834 June 7 50 Morris & Essex 133 79 477 70% 76 a71 Jan. 17o72 Jan. 8 7134 Jan. 21 72 May 15 71 Nov. 17 11934 May 21 Nulty Chatt & St Louis100 100 1,920 110 120 11134 Jan. 14 11134 Jan. 14 111 4,500 Nat'l Rya of Mex 2d pf 100 126,750 7 5% 5% 5% Jan. 29 6% Jan. 8 434 Dec. 29 14 Mar. 10 834 3,800 N Orl Tex & Mex v t c_100 32 41 42% 40 Jan. 14 46 Jan. 2 28 Apr. 10 50 Sept. 24 46 Sale 88,862 31 24,000 New York Central___ _100 6834 Jan. 17 70% Jan. 5 66 Dec. 12 83/June 6 768,848 76 Bale z69 Sale 69% Sale NT Y Chic & St Louls.._100 1,300 27 Jan. 16 30 Jan. 6 2354, Sept. 24 33 July 10 28,401 28 2934 28% 29% 29 Sale 34,526 1,290,107 3134 Bale N Y N H & Hartford_100 27% Sale 27% Sale 2534 Jan. 29 27% Jan. 5 25% Dec. 12 40 July 17 1,800 72.550 20 Bale N Y Ontario dr West__100 16% Jan. 10 17% Jan. 30 1634 Nov. 28 2434 July 17 17 17 Sale 18 100 100 Norfolk Southern 16,782 18 Sale 12 Jan. 12 12 Jan. 12 9 Dec. 17 20 May 29 6,800 100 200,160 10734 Bale Norfolk & Western_ 99 Sale 96% Sale 9534 Jan. 30 99 Jan. 3 95 Dec. 1 11234 May 19 1,100 5,800 72 Pref (adjustment)_ -100 73 66q 72 67 71% 6634 Jan. 6 72 Jan. 13 663-4 Dec. 30 76, July 2 29,800 100 655,891 944 Bale Northern Pacific 77% Jan. 28 8134 Jan. 5 77 Dec. 12 912% May 27 80 Sale 78% Sale 56,362 1,030,245 4534 Bale 56 Pennsylvania 40 Sale 42% Sale 4034 Jan. 2 42% Jan. 31 3934 Dec. 16 4534 May 19 77,800 1,117,800 13 Bale 100 29% Sale Pere Marq v I r 2834 Jan. 16 315-4 Jan. 3 1234 Jan. 21 3334 Dec. 26 3134 Sale 2,100 100 88,450 66 Sale 65 Jan. 7 66% Jan. 16 56 Mar. 27 70 Dec. 26 Prior pref v I r Jan. 0 51 Jan. 5 39 Apr. 7 5334 Dec. 27 49 3,670 13.000 100 Preferred v t r 200 57 20,000 48 58 55 57 Jan. 5 60 Jan. 0 44 Apr. 29 72 Sept. 18 50 60 Pitts Cin Chic & St L_.100 210 35 122 12234 131 125 Jan. 10 125% Jan. 10 a124 Dec. 18 a135 May 15 Pitts Ft W& Chic,pf 100 15,550 719,99 3834 Bale 29 Sale 2834 Sale Pitts & W Va int clfs 100 2734 Jan. 9 2034 Jan. 10 24 Dec. 16 4494 June 9 400 82 78 18,300 80 77 100 78 79% 78 Jan. 17 7934 Jan. 7 75 Dec. 20 8454 June 7 Preferred int ctfs 35,700 2,655,065 8234 Bale 76 Sale 175% Sale ^7454 Jan. 29 7794 Jan. 3 7334 Dec. 12 9334 June a 50 Reading Company 1,100 15,803 35 50 34 35 3834 33% 36 339/3 Jan. 6 36 Jan. 13 33 Dec. 13 3834 Feb. 4 First preferred 1,200 17,070 37 Bale 38 34 34% 35 3454 Jan. 6 3534 Jan. 13 333A Dec. 23 3914 May 17 Second preferred_ _ _ 50 43,320 1,183,832 1334 Bale 18% Sale 19 Sale 1634 Jan. 15 1934 Jan. 20 10% Jan. 21 27 July 15 St Louis-San F tr ctfe_100 1,300 39,800 23 25 Sale 24% 26% 2334 Jan. 14 27 Jan. 19 20 Dec. 1 37 May 2 25 Preferred A tr ctfs 100 48.700 16 13 Sale St Louis Southwest...100500 1234 Jan. 20 14 Jan. 2 1034 Dec. 18 2334 June 9 2234 14 Sale 2,200 23 Jan. 13 2534 Jan. 20 23 Dec. 31 3734 Arne 10 24% Sale 25 Sale 60,600 3034 Bale 100 Preferred 2,200 7% Sale 91,810 834 9 Seaboard Air Line 100 7% 7% 7 Jan. 5 73-4 Jan. 28 6% Dec. 27 12 July 23 14 Jan. 29 15% Jan. 5 12 Dec. 19 2334 July 17 63,200 1734 Sale Preferred 14 • 900 15 100 99 Jan. 29 10534 Jan. 3 9134 Nov. 29 118 June 2 Southern Pacific Co 100 198,500 7,356,380 102 Sale 102% Sale 100% Sale 21 Jan. 8 23 Jan. 3 20 Dec. 12 33 May 19 27,000 1,108,900 2934 Sale 22 Sale 10u Southern Railway 21% Sale Jan. 29 5634 Jan. 5 52j Dec. 12 7234 May 27 Preferred 6,700 100 128,484 70 Sale 56% Sale 55 Sale 54 Jan. 5 451% Jan. 5 a50 Dec. 24a50 Dec. 24 58 58 M & 0 stk trust ctfs_100 a5154 34 Jan. 15 43% Jan. 3 27% Jan. 21 70 July 2 100 41,200 3,462,500 29% Sale Texas Pacific 41% Sale 36% Sale 12% Jan. 2 14% Jan. 7 11 Dec. 17 25 July 23 100 2,000 12% Sale 95,763 13 Third Avenue 14 Ly 29 11% Jan. 24 11% Jan. 3 5 May 1 la 1,300 41,865 11% Sale Tol St L & W,tr receipts_ 7 24 Jan. 3 24 Jan. 3 10 Mar. 4 25 ju July 25 Preferred tr recta...100 100 25 9,800 10 20 16 Jan. 35 15 Jan. 26 3 30 June 2934 Tran.100 1,500 38 Dec. 30 60 32 14,300 37 Twin City Rapid 30 34 43 45,725 1 050,505 128q Sale 124 Sale 123 Sale 121% Jan. 22 124% Jan. 3 120% Dec. 12 118154 May 29 100 Union Pacific 27 Jan. 62% 5 Jan. Mar. 3 100 6,450 63 Preferred Dec. 11 7434 6634 74,545 72 Bale 66/ 68 6634 68 6,800 12% 1134 Jan. 7 12% Jan. 10 7% Jan. 9 15 July 1 128,700 7 11 United Rye Investment100 11% Sale 8 255% Jan. 5 29% Jan. 27 15 Jan. 13 3434 July 1 21,400 100 Preferred 223,380 13 28 • 29 26% Sale 16 734 Jan. 15 89-4 Jan. 2 734 Dec. 15 1334 July 23 10,100 100 Wabash 406.750 8% Bale 8 Sale 8% Sale 22 Jan. 28 2434 Jan. 5 2034 Dec. 16 38 May 19 13,800 100 22% Sale 389,567 32% Sale Preferred A 23% Sale 200 100 47,400 19% 21 Preferred B 1554 Jan. 6 1534 Jan. 6 14 Dec. 13 2534 July 9 15,800 1034 Jan. 30 1134 Jan. 19 9% Apr. 21 1434 July 17 111 Sale 484,900 11% Sale 11% Sale Weet'n Maryi'd (new)_100 2,000 17 Jan. 31 20 Jan. 19 16 Dec. 16 3034 July 11 100 30,100 23 17 Sale Second preferred 18 Sale 29 7,000 Jan. 31 25% Jan. 5 17 Feb. 3 26 July 14 233% 100 23 Sale 102,847 Sale Pacific 24% Western 20 19 3,000 60 33,510 57 ..100 59 Jan. 2 64 Jan. 7 5254 Feb. 20 6154 Jan. 9 59 Sale Preferred 62 14,400 Jan. 16 14 Jan. 5 7% Mar. 5 180 Sept. 24 Ry___I00 1134 Sale Sale 703,318 11% E 13% Wheeling & L 8% 9 1,100 17 Jan. 16 1834 Jan. 6 17 Jan. 30 28 Sept. 23 100 73,092 17% 19 18% 19% Preferred 2,300 26 Jan. 14 325% Jan. 20 25 Dee. 30 41 4 May le 28 Sale 32 31.800 .100 _ Rs _ Central_ 20 Wisconsin 30 STOCKS N V STOCK EXCH'CIE STOCKS-STOCK EXCHANGE RECORD SALES In 12 Months January. 1919. Price about Jan. 2 1919. PRICES IN JANUARY. [VOL. 110. RANGE FOR YEAR 1919. Jan. 2. Jan. 31. Lowest. Highest. Lowest. Highest. Par. Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Industrial and Miscelian Adams Express 10u 2,100 66,67 49% Sale 32 Sale 30 31 20% Jan. 28 3334 Jan. 3 29% Apr. 26 64 Advance Rumely May 100 9,200 462,40 233% 24% 43% Sale 41% 42% 40% Jan. 14 45% Jan. 5 21 Jan. 21 54 July 23 Preferred 7 100 2,700 146,20 58 60 71% Sale 70 71 70% Jan. 15 72 Jan. 12 563% Jan. 20 76 June 9 Ajax Rubber Inc 50 10,200 630,10 863i 68 84% Sale 81 81% 80% Jan. 24 88% Jan. 5 66 Jan. 13 113 July 14 Alaska Gold Mines_ lu 10,100 258,72 31 Sale 1% Sale 1% Sale 1% Jan. 10 2 Jan. 3 13% Dec. 19 4% Jan. 15 Alaska Juneau Gold M. 10 14,200 583,97 13 Sale 234 Sale 2 Jan. 29 2% Jan. 3 134 Jan. 2 3% July 14 Allis Chalmers Mfg 100 116,700 1,561,54 323% Sale Sale 49% Sale 51% 46% Jan. 17 53% Jan. 3 30 Jan. 21 51% Oct. 8 Preferred 100 3,600 49,69 82% 84% 91 Sale 87 89 86% Jan. 24 92 Jan. 3 81% Jan. 23 97 Sept. 16 Amer Agricul Chem_ _100 7,300 389,18 101 Sale 91% Sale 04 90 Jan. 15 95 Jan. 28 87 Sept. 2 113% May 1 Preferred 100 1,300 14,60 98 99 95 98 91% 95 94% Jan. 24 96% Jan. 16 z92 Dec. 22 103 Mar. lb Amer Bank Note 50 800 28,25 33 35 44 Jan. 16 46% Jan. 5 33 Jan. 25 55 July 15 Preferred 50 600 1,05 42 Sale 45 Jan. 7 45% Jan. 28 42 Jan. 2 49 Oct. 18 American Beet Sugar_ _100 11,800 894,90 65 Sale 94 Sale /90% 92 589% Jan. 30 963% Jan. 8 62 Jan. 3 10194 Oct. 21 Preferred 100 200 3,38 82 90 90 94 88 92 90 Jan. 20 93 Jan. 5 843% Jan. 13 95 May 29 Am Bosch Magneto no par 24,100 405,10 123% Sale 122 Sale b105%Jan. 6 128% Jan. 2 8414 May 7 143% Nov. 8 Rights 21,400 3,00 7 Sale 4% Jan. 13 7% Jan. 3 5% Dec. 27 6 Dec. 23 A m Brake Shoe & Fdry 100 200 1,90 89 Jan. 6 94 Jan. 10 85 Nov. 21 97 July 17 Preferred 100 100 4,295 160 Sale 170% Jan. 28 170% Jan. 28 160 Jan. 2 176 Sept. 4 American Can 100 173,900 2,935,94 47 Sale 55% Sale 55 Sale 52 Jan. 23 61% Jan. 3 42% Feb. 11 68% Sept. 30 Preferred 100 3,500 40,24 97 99% 101 Sale 98 99% 983% Jan. 26 101 Jan. 3 z98 Dec. 16 10794 June le A mer Car dr Foundry 100 47,100 1,612,45 93% Sale 140% Sale 138 Sale 135 Jan. 19 143% Jan. 3 843% Feb. 10 148% Nov. 5 Preferred 100 1,600 14,68 115 Sale 115% Sale 115 Jan. 91 116% Jan. 5 113 Jan. 18 111) July 14 American Cotton 011_100 14,600 603,80 39% Ehde 50 Sale 48% Jan. 19' 543 4 Jan. 3, Jan. 2 673% July 14 amer Druggists' Synth _ 10 215,750 519,904 12% Sale 113% Sale Al% Jan. 9 153% Jan. 14 393% 10% Nov. 20 14% Mar. 7 American Express _ _ _ _100 1,600 27,33 84% Sale 94 100 96 99% Jan. 16 7 101 7034 9534 Jan. /0 Sept. 23 103 May 26 % Amer Hide & Leather 100 25,500 1,439,25 13% 14 20.% Sale 25% Sale 243% Jan. 211 303% Jan. a, 13 Jan. 4 4334 July 31 Preferred 100 31,900 1,377,20 72% Sale 120% Sale 117 Sale 112% Jan. 21 122 Jan. 3' 71 Jan. 2 14294 Oct. 22 American Ice (new).... 100 344,169 40 Sale 46% Sale 44% Sale 44 Jan. 131 47 Jan. 5 3734 Aug. 21 76 June 8 Preferred 100 MS 102,244 56 57 68 Sale 562 65 Jan. 562% 261 68 54% Jan. 2 Jan. 20 7834 June e kmer Internal Corp 100 227,300 4,944,65 55% Sale 117 Sale 109% Sale 106% Jan. 22 12034 Jan. 31 523% Feb. 8 13234 Oct. 31 Am La France Fire Eng_10 9,100 14% Sale 13% Jan. 281 Jan. 22 143% American Linseed_ _ _ _100 69,100 870,55 47 Sale 3 Jan. 13 8634 Jan. 22 443% Mar. 1 89 77 Sale 85 Sale 74% Nov. 7 Preferred 100 4,200 64,32 893% Sale Sale 93% Jan. 12 991% Jan. 27 85 Mar. 1 98% Apr. 16 American Locomotive_100 143,900 3,003,54 61 Sale 102 Sale Sale 95 Jan. 19 105% Jan. 3 58 Jan. 21 1173% Oct. 7 Preferred 100 1,650 15,69 101 103 104% Sale 104% Sale 104% Jan. 21106% Jan. 14 100 Jan. 14 109% July 2 Amer Malt & Grain_no par 1,900 92,60 41% Sale 36 43 351 Jan. 23 44 Jan. 2 39% Dec. 63 Aug. 13 Am Ship & Comm -no par 70,000 1,073,45 27% Sale 24% Sale 24 Jan. 22 303% Jan. 51 26 Dec. 30 4734 Oct. 22 Am Smelt Seen pf Ser A100 600 7,46 92 95 82 Sale 83 81 81 Jan. 28 82 Jan. /41 79% Dec. 16 9434 June 12 Amer Smelt & Refin 100 46,500 6,323,55 763% Sale 70 Sale 68 Sale 67 Jan. 14 72 Jan. 3 613% Dec. 1 8934 July 16 Preferred 100 3,000 48,05 103% 1053% 97 98 97% 98% 97% Jan. 3 100% Jan. 13' 94 Dec. 29 100% July 17 American Snuff 100 1,300 32,00 100 105 107% 110 106% Sale 106% Jan. 31 115% Jan. 5' 101% Dec. 17 140 Sept. 18 Preferred 100 100 1,950 82 90 82 90 85 Jan. 13 85 Jan. 13 80 Dec. 1 99 Jan. 16 Am Steel Foundriesctfs 33Is 80,250 1,127,050 z45 Sale 45% Sale 423% Jan. 17 46% Jan. 6 3334 May 10 47 July 14 Preferred 100 1,200 12,20 91% C3 93 Jan. 26 93% Jan. 19 91 Dec. 27 963% Aug. 14 American Sugar Refin_100 21,400 970,85 111 112 139 Sale 135.- 137 135 Jan. 19 141% Jan. 7 Jan. 21 148% Oct. 29 Preferred, new 100 3,000 13,91 112% 114 118 119 118 Sale 118 Jan. 6 118% Jan. 20 11134 113% huh 6 119 May 24 Am Sumatra Tobacco_100 75,000 1,727,20 973% Sale 98% Sale 591% 92% z89% Jan. 23 90 Jan. 5 73 Aug. 21 120% June 12 Preferred 100 600 11,19 90 943% 91% 92% 91% 93% 9134 Jan. 16 92% Jan. 30 31 90% Dec. 30 100 May 12 Amer Teleg & Cable 100 110 1,41 52 Jan. 5 52 Jan. 50 5 Dec. 20 63 May 22 Amer Teleph & Teleg_.i00 57,450 703,970 100% Sale 96% Sale 99% Sale 963% Jan. 13 100% Jan. 95 Dec. 30 Mar. 10 American Tobacco___..100 3,000 530,621 195% Sale 250 28Q 265 Sale 259 Jan. 21 283 Jan. 5 191% Feb. 4 10834 Oct. 24 3143-4 Preferred, new 100 2,500 37,838 101% Sale 96 97% 96% 9731 96 Jan. 28 97% Jan. 7 93% Dec. 23 106 Jan. 8 Amer Woolen of Mass_100 348,400 1,469,45 51 Sale 165% Sale 155% Sale 146 Jan. 14 165% Jan. 2 4534 Jan. 16 16934 Dec. 31 Preferred 100 2,700 45,760 953% Sale 105% Sale 103% Jan. 12 105% Jan. 29 943% Feb. 8 110% June 5 Am Writing Paper, pf_ 100 24,700 578,65 2794 Sale 56 Sale 56 Sale 53% Jan. 17 61% Jan. 3 2171% Jan. 32 1 69 Oct. 2 Amer Zinc, Lead dc Sm. 25 28,500 421,57 11% 13% 18 Sale 18% Sale 1734 Jan. 2 213% Jan. Jan. 29 July 14 Preferred 25 1,700 60,201 42 Sale 52 57 55 58 563% Jan. 5 59% 40 Jan. Jan. 9 65 July 24 21 Anaconda Copper 50 104,200 2,391,97 60% Sale 63% Sale 561% Sale 560 Jan. 17 65% Jan. 5 54% Nov. 29 77% July 16 Assets Realization 10 5,350 177,97 1 Sale 4 Sale 4 Jan. 17 634 Jan. 3 1 Jan. 2 0% Nov. 17 Associated Dry Goods_100 30,874 363,60 17 61% Sale 18 56% Sale 56% Jan. 31 673% Jan. 3 173% Jan. 6 65% Dec. 11 let preferred 100 1,020 12,0154 58 72 5 Jan. 17 61 74 63 74 75 73 Jan. 6 74% Mar. 19 82 Aug. 14 2d preferred 100 2,011 7,629 47 75 76 74% 76 74 Jan. 12 75% Jan. 7 583% Feb. 8 80% May 13 Associated 011 100 3,000 95,70 68 Sale 116% Sale 119 122 115 Jan. 14 125 Jan. 8 68 Jan. 2 142 Nov. 7 All Gulf & WI SS Line_ 100 30,700 1,465,000 1073% Sale 168 Sale 164% Sale 157 Jan. 19 176% Jan. 5 92 Feb. 8 192 Oct. 31 Preferred 100 2,500 18,050 67 Sale 70 73 67 70 669/ Jan. 24 75 Jan. 7 64 Jan. 29 76 May 8 A T Securities Corp_no par 241,850 212,400 73 Sale 67% Sale Jan. 23 74% Jan. 3 6534 Dec. 18 7534 Dec. 26 653 Auto Sales Corp 4,100 81,8501 18 19% 16% 17% 163% Jan. 16 19% Jan. 14% Nov. 19 2034 Dec. 18 Preferred 100 13,889 30 34 29 33 30 Jan. 14 30 Jan. 15 29 Oct. 25 35 Dec. 3 Baldwin Locomotive__100 1,352,300 20,034,040 743% Sale 114 Sale 118% Sale 109% Jan. 19 123q Jan. 10 64% Jun. 29 15634 Oct. 22 Preferred 1,800 100 10,900 101 Sale 100 Jan. 29 102 Jan. 5 100 Dec. 31 111 7 June 10 Barnet Leather____no par 300 4,700 93 95 85 95 90 Jan. 16 93 Jan. 6 04 Dec. 2 101 Dec. 3 Barnet Leather pref 100 2,900 92 94 91% 96 93 Jan. 5 93 Jan. 5 01 Oct. 23 95 Nov. 10 Barrett Co (The) 18,000 100 297,632 103 Sale 132 Sale 127 Sale 124 Jan. 19 134% Jan. 3 103 Jan. 2 145 July 7 Preferred 100 300 110 113% 8,000 106 111 109% Jan. 28 111% Jan. 6 110 Feb. 10 119 May 29 Batopilas Mining 2,900 1,112,47 20 1% Sale 1% 151 1% 1% 1% Jan. 6 1% Jan. 5 1% Jan. 20 234 May 13 Bethlehem Motors _no par 55,500 355,40 31% Sale 28% 29 26 Jan. 20 31% Jan. 2 26 Sept. 22 45 Oct. 16 Bethlehem Steel Corp 100 2,800 75,00 613% Sale 88% Jan. 17 9531 Jan. 30 553% Jan. 20 107% July 14 Class B common____100 435,200 7,900,710 61% Sale 98 Sale 96% Sale 93 Jan. 16 10234 Jan. 3 5594 Jan. 21 112 Oct. 23 Preferred 400 100 12,467 97 Jan. 14 100 Jan. 26 90 Dec. 20 108 July 21 Cum cony 8% pref 100 3,800 84,59' 104% Sale 1123 Sale 114 Sale 112% Jan. 2 114 Jan. 5 101% Jan. 22 116 Sept. 30 Booth Fisheries____no par 19,400 655,050 22% Sale 13 Sale 13 14 13 Jan. 3 15 Jan. 0 11 Dec. 1 25 July 24 Brooklyn Edison, Inc 100 375 4,572 87 92 91 Jan. 13 94 Jan. 19 853% Dec. 18 102 Aug. 1 Bklyn Union Gas 1,100 100 36,150 82 52% Sale 90 52 55 52 Jan. 14 553% Jan. 2 41 Dec. 18 92 May 29 Brown Shoe,Inc 3,100 100 36,800 65 69 105 Sale 100 Jan. 24 105% Jan. 2 71 Feb. 5 112% July 16 Preferred 200 100 7,690 96 100 99% Jan. 14 100 Jan. 12 97 Aug. 18 101 May 14 Brunsw'kTerm&RySec 100 2,000 99,200 8 9% 8 Sale 7 8 8 Jan. 2 8 Jan. 21 63% Dec. 1 153-4 Aug. 11 Burns Bros 5,300 100 161,351 152 Sale 118 Sale 106 108 1033' Jan. 15 120 Jan. 5 115 Dec. 30 166 Apr. 23 Butte Cop & Zinc v t c_..5 38,600 924,915 6 Sale 9 Sale 9% 9% 8% Jan. 2 1134 Jan. 0 534 Feb. 20 17 Oct. 6 Butterick 1,900 100 92,61 24% 27 17% Sale 22% Sale 223' Jan. 30 26 Jan. 6 16 Jan. 27 3934 July 30 Butte & Sup Cop, Ltd...10 41,700 698,001 19 Sale 27% Sale 25%, Sale 4 Fob, 11 37 July 14 259 Jan. 31 29% Jan. 12 167 Caddo Cent Oil& Ref_100 33,300 444,40 20% Sale 23% Sale Jan. 2 283% Jan. 6 193% Dec. 30 5434 May 27 2034 Calif Packing Corn_no par 43,500 833,575 483% Sale 84% Sale 79 Jan. 14 85% Jan. 28 483% Jan. 2 8734 Dec. 26 83% Sale Calif Petrol vol tr ctf 100 27,400 953,900 20% Sale 43% Sale 41 Sale 38% Jan. 15 46 Jan. 3 2094 Jan. 2 56 Oct. 20 Preferred 3,000 100 163,00 64 Sale 75 Sale 71% Sale 713 Jan. 31 753-4 Jan. 6 6434 Jan. 2 86% Sept. 16 Calumet & Arizona Mg_10 1,700 50,300 60 68 Sale 63 63% 67 Jan. 13 68 Jan. 2 563% Mar. 15 863% July 24 6434 Case(JI)ThreehMpfctf 100 1,300 20,850 92 Sale 99 Jan. 8 101 Jan. 24 9134 Jan. 14 101 Aug. 19 Central Foundry, pref.,100 500 172,800 37% Sale 47 65 3736 Jan. 2 50 Jan. 26 27 Apr. 5 7434 July 28 Central Leather 100 121,870 3,608,67 60 Sale 101% Sate 502% Sale .789 Jan. 22 104% Jan. 5 Feb. 8 11634 July 24 5634 3,225 Preferred 100 14,48 102 105 109 110 107 Sale 106 Jan. 29 108% Jan. 5 104 Jan. 7 114 July 16 Cent & So Am Teleg...._100 660 66 104 107 114% Sale 114% Jan. 28 120 Jan. 3 a10 Jan. 8 a120 June 27 Cerro de Pasco Cop_no par 39,400 1,197,93 34 Sale 59 Sale 55 Sale 55 Jan. 30 613% Jan. 3 31 Jan. 22 6734 July 11 Certain-Teed Prod no par 3,900 65,401 33 57% Sale 40 65 Jan. 27 62 Jan. 7 3034 Apr. 12 6534 Nov. 7 Chandler M Car(The)no par 102,200 273,40 135 Sale 138% Sale 121 Jan. 16 144% Jan.' 3 90 Nov. 12 14134 Oct. 5 Chic Pneumatic Tool_ _100 3,600 36,60 104% Sale 94 Jan. 27 106% Jan. 3 68 Apr. 10 11334 Nov. 3 Chile Copper 38,600 11,401,82 18% Sale 25 20% Sale 18% Sale 18% Jan. 31 213% Jan. 3 161 Dec. 1 2934 July 14 Chino Copper 28,500 559,95 33% Sale 39%, Sale 5 37% Sale 36% Jan. 22 413% Jan. 3 32 Feb. 6 50 July 16 Gillett, Peabody & Co..100 1,400 43,501 62 106 Sale 94 64 93 Jan. 22 106 Jan. 3 60 Feb. 27 108 Dec. 29 99 Preferred 300 2,86 S 100% 103% 100 109 102 Sale 102 Jan. 31 104 Jan. 24 103% Jan. 7 110 Sept. 11 Coca Cola 49,000 no par 84,10 40% Sale 38 Sale 33% Jan. 10 40% Jan. 37% Nov 28 43% Nov 7 Colorado Fuel & Iron.._100 48,800 521,61 36% Sale 42% Sale 40% Sale 37% Jan. 22 4434 Jan. 3 341 Feb. 10 56 July 14 Columbia Gas as Elec_ _100 34,900 778,64 4231 Sale 64% Sale 61% Sale 613' Jan. 31 67 Jan. 9 39 Feb. 1 69 Oct. 11 Columbia Graphophone.._ _ 154,600 827,76 60% Sale 50% Sale 473% Jan. 15 65% Jan. 5 50 Oct. 18 75% Oct. 27 Preferred 500 4,40 91 92% 91 Jan. 28 92% Jan. 14 91 Dec. 20 95% Oct. 28 Computing-Tab-Rec __100 1,250 2,41 38 52% 55 52% 53% 53% Jan. 13 56 Jan. 6 3734 Jan. 4 6334 July 14 40 Consolidated Cigar_no par I 3,600 46,44 62 Sale 63% Sale 56% Jan. 24 6334 Jan. 31 54 Aug. 18 75 June 27 Preferred 1,200 18,75 100 80 Sale 82% Sale 80 Jan. 5 82 Jan. 30 z78 Aug. 15 86% July 11 Consolidated Gas N Y_100 17,600 357,534 97 Sale b83 Sale 79% Sale 79 Jan. 29 b8734 Jan. 2 78% Dec. 29 106% July 18 c'ons lot-State Call Mg 10 27,900 438,45 8% 8% 19 Sale 19 Sale % Jan. 5 53% Apr. 23 23 Oct. 14 1834 Jan. 19 203 Consol Textile no par 17,500 47,10 31 Sale 530 30% z273 Dec. HD ee 2 13 3 30% 6 37% Nov 14 % Jan. 15 31% Jan. 28 Rights 3,300 20,50 % Sale A Jan. 3 Jan. 1% Dec. 9 Continental Can Inc_ _100 5,700 568,70 69% Sale 91 Sale 88 89% 87 Jan. 13 9333 38 Jan. 3 6534 Feb. 10 103% June 7 Preferred_ 100 600 1,650 104% 108 102 103 100% Jan. 13 102% Jan. 22 100% Oct. 18 110 June 17 nont'l Candy ctfs_ _no par 17,200 721,150 13% Sale 12% Sale 12 Jan. 26 1334 Jan. 3 1034 Sept. 22 1594 Oct. 20 Continental Insurance_ _25 400 16,150 57 85 Sale 59 79 Jan. 28 82 Jan. 15 58 Jan. 3 84% Nov. 7 Corn Products Bolin_ _ 100 141,900 875,44 48% Sale 85 Sale .785 Sale 580% Jan, 19 90 Jan. 3 46 Jan. 21 99 Oct. 22 Preferred 100 2,300 33,30 104 Sale 108 110 .5102 stSale 101 Jan. 26 5107 Jan. 0 102 Jan. 23 109% July 28 clrex carnet inn 7.970 45 200 55 56 Sale A 50 00 Jan. 2 59 Jan. 13 48 Mar 15 79 July 14 SgOi FEB., 1920.] STOCKS N Y STOCK EXCH'OE 31 STOCKS-STOCK EXCHANGE RECORD Price about Jan. 2 12 Months /n 1919. 1919. January. RANGE FOR PRICES IN JANUARY. ___-,---_-- SALES Jan. 2. Jan. 31. ' Lowest, Highest. Lowest. YEAR 1919. Highest. Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. Ask. Bid. Shares. Bid. Par. Shares. Oct. 23 985,79 58 Sale 219 Sale 1221% Sale j197 Jan. 17 233% Jan. 26 525% Feb. 7 261 Crucible Steel of Amer_ 100 274,600 July 3 105 2 Jan. 91 7 99% Jan. 31 100 Jan. 99% Sale 25,75 91 Sale 100 2,650 Preferred Dec. 8 55 27 Jan. 20% 7 Jan. 30 54% • Jan. 4 Sale Sale Sale 52% 29% 49% 95% Cuba Cane Sugar..no par 160,800 2,223,58 83% 83% 83 Jan. 30 85% Jan. 21 695% Mar. 1 87% Dec. 9 83% Sale 413,58 79% Sale 11.850 100 Preferred 31 Oct. 410 8 Jan. 150 26 450 Jan. 9 Jan. 400 440 Sale 420 390 160 43,72 135 3,620 Cuban-Amer Sugar_ 100 112 100 106 106 Jan. 20 106 Jan. 20 101% Feb. 4 107% Dec. 11 106 3,062 100 120 Preferred 28 July 103 17 Feb. 93% 2 Jan. 100% 13 Jan. 100 100 Sale 106 100% Sale 10,41 95% 200 100 Deere /4 Co prof 12% 12% 12% Jan. 28 13 Jan. 3 105% Jan. 31 16% May 12 12% 13 238,10 11% Sale 5,300 Dome Mines Ltd (The)-1l, 31 63 Dec. 24 Dec. 615% 12 67% Jan. 8 Jan. 60 60 65 50 1,900 Durham Hos Mills "B"_50 100% Sale 100 103 100% Jan. 2 102% Jan. 13 100% Dec. 24 1015% Dec. 31 30 500 100 Preferred 16 43 July 2 Dec. 23% 2 28 Jan. 30 Jan. 245% Sale 25 Sale 26% 29% 27 9,600 237,75 Elk Horn Coal Corp____50 35 Jan. 26 39 Jan. 16 39 Dec. 6 49 July 23 35% 41 38% 45 6,10 .---_ 47 50 400 Preferred 30 43 June 27 Dec. 24% 2 29 Jan. 30 Jan. 27 26 27% Sale 29 54,000 800 Emerson-Brantingham 100 June 26 84 86 92 85 825% Jan. 21 91 Jan. 3 88 Dec. 15 101 6,12 2,100 100 Preferred Dec. 2 141 Sale 131% Sale 1315% Jan. 31 147 Jain. 6 80 June 30 150 273,32 50 41,000 Endicott-Johnson Dec. 2 21107% Aug. 103% Sale 102% Sale 102 Jan. 27 104 Jan. 3 101% 25,66 5,750 100 Preferred 10 Oct. 94 19 73 2 Sept. Jan. 83% 13 Jan. 804 '82 Sale 78 83% 36,90 300 Fairbanks Co (The)___ _25 98% Jan. 9 98% Jan. 9 98 100 100 Preferred 17 July 123 12 Dec. 83 5 Jan. 95 20 Jan. 77% 81 Sale Sale 8878 702,83 58,000 Fam Players Laskey no par 88% Jan. 30 90 Jan. 30 89% Sale 2,100 100 Preferred 18 July 10 9 Dec. 28 13% Jan. 235% 6 Jan. 10 14% 10% ' 15 11 9 21,80 9 600 Federal Min & Smelt_ _10t, 26% Jan. 2 33% Jan. 28 25 Dec. 15 48% July 14 32% Sale 39 61,070 37 26 4 Sale 3,400 100 Preferred 135 1100 130 /122% Jan. 20 130% Jan. 5 38% Jan. 8 173 Oct. 8 125 39 201,17 36 1,000 Fisher Body Corp.. no par Feb. 10 110% Oct. 7 104 100 Jan. 23 104 Jan. 14 91 110 100 15,81 92% 93% 105 200 100 Preferred 403% Jan. 23 48 Jan. 3 395% Nov. 13 55 Oct. 9 42% Sale 44% Sale 789,520 25 118,500 Fisk Rubber 31% Dec. 29 64% July 14 5 Jan. 24% Jan. 28 36% 28 Sale 34% Sale 678,50 49,000 Freeport Texas Co_.no par 16% Jan. 24 195% Jan. 5 15 Dec. 1 383% July 14 17 Sale 17% Sale 718,95 30% Sale 29,600 Gas,Wms&Wig,Inc_no par Feb. 15 203 Nov. 7 136% 31 Jan. 200 183 Sale 183 Jan. 31 183 7,24 al70 Sale 185 100 100 General Chemical Feb 14 99% Jan. 28 100 Jan. 24 985% Dec. 24 108 100 99 3,51 101% 105 600 100 Preferred 3 % 3 95% July 23 47 Jan. 3 Jan. 73% Sale j70% 71% 269%, Jan. 23 75 14,900 1,143,95 48 Sale General Cigar, Inc...__i00 Aug. 8 5 90 Dec. 10 101 Jan. 94% 31 Jan. 90 Sale Sale 90 94 7,25 1,800 Deben pref (7%)___100 May 12 100 100 Jan. 6 100 Jan. 6 97 Dec. 12 106 104 103 1,63 100 100 Preferred Feb. 3 176 Oct. 20 2 Jan. 1445% 172 30 Jan. 165 Sale 166 Sale 275,83 171% Sale 151 10,800 10u General Electric Nov. 5 406% 21 Jan. 118% 5 Jan. 100 231,700 3,495,975 133 Sale 338 Sale 307% Sale 293 Jan. 26 345 Gen Motors Corp / Jan. 3 82 Jan. 6 95 June 3 81 Jan. 24 893 90% 81% Sale 88 96,03 82 84 10,000 100 Preferred 14 17 Apr. 94% Feb. 825% 6 Jan. 855 80 Jan. 30 80 Sale 83% Sale 262,16 29,950 Debenture stock__ _ _100 75 Jan. 14 85% Jan. 5 565% Jan. 10 935% Oct. 29 77% Sale 81% Sale 100 159,900 1,773,70 57 Sale Goodrich (B F) 7 16 Apr. 109% Aug. 102 3 Jan. 102% 31 95% Jan. 95% Sale 34,25 101 102 Sale 106 12,100 100 Preferred 48 Jan. 29 555% Jan. .3 47% Dec. 16 80 Jan. 3 50 49 51% Sale 16,20 79 Sale 1,800 Granby Cons M,S & P_ 100 26 Nov 53% 3 4 9 Dec. 46% 5 Jan. 49 17 48 Sale 445% Jan. 12,10 2,300 25 Gray & Davis, Inc 355% Jan. 26 38% Jan. 3 32% Dec. 2 475% July 14 38 35 38 Sale 189,02 45 Bale 3,300 Greene Cananea Copp_100 20 Oct. 8 Feb. 895% 8 Jan. 84% 20 495% 76 Jan. 62% 79% Sale 31,600 2,236,72 60 Gulf States Steel tr ctfs 100 99% Jan. 5 108 Jan. 19 543% Jan. 8 100% Dec. 26 106 100 Sale 104 23,80 54 56 6,000 Hartman Corporation_100 57% Jan. 22 62% Jan. 5 40 Feb. 6 715% July 14 59 Sale 615,45 45 9,500 45% 60% Sale Haskell & Barker C_no par Jan. 1.' 60 Oct. 14 100 Feb. 26 60 Jan. 26 71 5,20 94 Sale 900 Fiomestake Mining_.._100 15% 15% 15% Jan. 30 16 Jan. 29 4,100 Hupp Motor Car Corp.100 3 425% Feb. 6 68 July 10 Jan. 61% 16 Jan. 154 Sale Sale j56% 59% 1,742,72 Sale 68,400 46% .20 Lisplration Cons Cop. 1858 Jan. 24 22% Jan. 3 105% Jan. 2 3784 July 14 21 19 19 Sale 203,925 10% Sale 3.500 Int Agile Corp v t c___100 3 48 Jan, 4 914 July 14 Jan. 83 24 Jan. 78 82 81 70 81 152,61 48 2,100 47 100 Preferred v t c 125% Jan. 15 135 Jan. 5 110% Jan. 21 149% July 7 573,700 115 Sale 132 Sale 18,500 Internal Harves, new..100 Dec. 16 120 June 23 24 111 Jan. 115 23 Jan. 113 Sale 113 113% 112% 15,873 4,700 105 100 Preferred, new 35% Jan. 22 51% Jan. 3 21% Jan. 31 67% July 11 39% Sale 49% Sale Internal Mere Marine.100 218,200 6,072,80 26% Sale Jan. 22 111% Jan. 5 92% Feb. 10 1285% May 28 935% Sale Sate 913% 109 4,479,25 95,100 Sale 112% 100 Preferred 122 127 Jan. 23 127 Jan. 23 300 Int Motor Truck_..no par 80 Jan. 30 84 Jan. 19 82 700 100 1st preferred 69 Jan. 26 69% Jan. 29 70 67 1,255 100 2d preferred 23% Jan. 19 26% Jan. 7 20% Dec. 15 335% June 26 Sale Sale 24 24% 2,332,05 Sale 118,500 32% International Nickel___25 78 Jan. 14 89% Jan. 3 303% Jan. 3 82 Nov. 5 Sale 81 Sale 84 international Paper_ __100 226,200 2,616,30 30% Sale Aug. 4 105% Nov. 1 108% Jan. 3 110 Jan. 3 95 108 Sale 95 600 75 700 100 Preferred 765% Jan. 19 79% Jan. 3 62 Jan, 13 80 July 22 76% Sale 79% Sale 54,29 62% Sale 2,400 Preferred stamped..100 18 70 Dec. 22 Feb. 53 Jan. 70 Jan. 2 ,.71 70 gSale 62 3,333 52 800 100 nternational Salt Nov 7 Dec. 12 65 39% Jan. 2 515% Jan. 27 34 50% Sale 40 Sale 47,15 30,100 ron Products Corp_no par Mar. 15 13 48 Dec. 15 16% Jan. 2 213/ Jan. 9 16% Sale 216,10 30 Sale 3,900 100 Jewel Tea, Inc Mar. 6 91 23 Dec. 38% 10 Jan. 28 Jan. 41% 459 42 Sale 92 1,800 31,87 88 100 Preferred 16 44 July 16 Dec. 24% 5 29 j25% 29 125% Jan. 28 30 Jan. 26 93,30 3,400 Jones Bros Tea Inc_ __ _100 Apr. 5 130 Apr. 22 1105% Jan. 12 118 Jan. 6 105 115 Sale 5,32' 1,650 Kayser (Julius) & Co_ _100 3 Nov. 21 164 Jan. 68 5 Jan. 34,100 1,339,55 69% Sale 144 Sale j136 Sale /130% Jan. 22 152% Kelly-Springfield Tlre__25 1103% Oct. 21 102 Sale 103 104 102 Jan. 2 105 Jan. 21 101% Dec. 18 114% 14,06' 1,800 Preferred,8% 28 Oct. 15 Jan. 34 5 Jan. 78 Jan. 19 90 82 78 80 Sale 3,100 76,90 29 31 i00 Kelsey Wheel, inc. 96% 97% 97% Jan. 13 98% Jan. 2 89 Jan. 24 100% Oct. 10 98% Sale 6,300 85 300 90 100 Preferred 30 Jan. 23 33% Jan. 5 27% Nov. 29 43 July 18 Sale Sale 30% 30% 1,453,199 Sale 85,400 32% par .no Copper. Kennecott 32% Jan. 20 485% Jan. 5 38% Dec. 29 126% July 14 37% Sale 44% Sale Keystone Tire & 1(ubb..10 129,700 2,094,48 155 Sale 145 Jan. 14 155 Jan. 31 206% Jan. 20 170 July 28 3,31 100 110 500 100 Kresge (S 5) Co 112 100% 110 100% Jan. 17 100% Jan. 17 105 Jan. 14 110 Aug. 22 1,500 103 100 100 105 Kress (S 11) & Co, pre_ 100 82 Jan. 16 913% Jan. 5 625% Jan. 21 107% Nov. 1 834 Sale 88% Sale 55,200 1,340,46 67% Sale Lackawanna Steel____100 38 Jan. 8 40 Jan. 20 33 Dec. 30 83 Jan. 21 38 12,02 83 35 300 86 Laclede Gas (St Louls).100 33 Jan. 26 38% Jan. 6 21 Jan 22 40 Oct. 21 36% Sale 416,15 21% Sale 15,900 Lee Rubber & Tire_ _no par Dec. 1 250% Aug. 8 Jan. 31 207 Jan. 10 195 198 Sale 207 198 202 21,80 900 210 236 Liggett & Myers Tob__ 100 Dec. 18 Dec. 18 16 145% Jan. 30 18 Jan. 8 16 17 Sale 400 2,100 Rights Jan. 27 115 July 16 31 107 Jan. 109% 15 Jan. 108 Sale 108% Sale 108 1,200 110 13,920 106 100 Preferred 15 32 Jan. 293% Jan. 20 30 Sale 20,600 Loews Incorporated_no par 21 Jan. 24 28 Jan. 3 255% Dec. 23 27% Dec. 31 22% Sale 27% Sale 31,40 51,300 Loft Incorporated_ _no par 65 Jan. 14 70 Jan. 3 405% Feb. 17 81 July 14 69 70 65 68 128,50 45% Sale 1,700 Loose-Wiles Bis tr ctfs_100 Jan. 14 100 Jan. 5 945% Jan. 10 106% June 19 99 Sale 100 99 99 4,41 800 100 93% 1st preferred Feb. 5 120 June 20 120 114% Jan. 12 115 1 Jan. 19 94 112 114 3,85 94 400 96% 106 Second preferred._.100 Jan. 15 18334 Jan. 2 147% Apr. 15 245 July 23 169% 175 Sale 165 183% 232,845 3,000 165 155 100 Lorillard (P) 28 115 July 29 Jan. 107 8 Jan. 110% 30 Jan. 108 108 7,20 105% 110 110% 114 101 300 100 Preferred 69 Jan. 30 693% Jan. 7 63 Dec. 30 79% May 27 70 67 70 5,10 70 300 73% 66 Mackay Companies.._100 6 66 July 11 June x63 28 Jan. 64 3 Jan. 64 64% 64 Sale 13,02' 63 4,300 65% 64 100 Preferred Dec. 24 128 127% Jan. 29 136% Jan. 5 130 Dec. 30 137 135 Sale 124 600 2,600 100 Manati Sugar 8 Jan. 102 10 Jan. 101 102% 101 200 100 Preferred 17 July 385% 5 Aug. 32 Jan. 20 335% Jan. 5 28 33 32 64,90 1,800 25 7 Manhattan Shirt 29% 20% Jan. 5 305% Jan. 8 23 Dec. 12 31% Nov 17 27 26 20,55 25 3,400 Martin Parry Corp_no par Oct. 43 7 Mar. 35% 31% Jan. 24 31% Jan. 24 25 31 4,43 100 Mathieson Alkali Wks_ _50 28 July 61 22 Jan. % 263 5 Jan. 22 Jan. 30 353% 31 Sale 840,50 285%13:13i 31% Sale 14,100 Maxwell Motor tr ctf_100 30% Jan. 30 35 Jan. 5 28 Dec. 30 43 Nov 15 31% Sale 17,20 3,200 Certificates of deposit__ 585% Jan. 13 635% Jan. 5 50% Jan. 22 845% July 28 60 63 58 308,81 49% 51% 01 3,700 1st preferred tr ctf__100 Dec. 30 69% Nov 18 58% Jan. 14 629/ Jan. 6 59 4,70 1,100 Certificates of depos 25% Jan. 23 30% Jan. 10 193% Jan. 2 465% June 3 30 25 30 Sale 229,75 19% Sale 2,300 2d ',referred tr ctf_..100 10 Jan. 285% Dec. 30 3534 Nov 24 255% Jan. 22 305% 2,70 1,100 Certificates of deposit Jan. 2 60 Jan. 4 131% Oct. 31 185,77 60 Sale 127 Sale 123 127 121 Jan. 5 131 7,400 100 May 2 May Dept Stores Jan. 2 110 12 104 Jan. 107 110 105% 106 105% Jan. 28 7,90 104 Sale 104 1,000 100 Preferred 22 Sale 196% Sale 187 Jan. 17 222 Jan. 3 162% Jan. 23 264 Oct. 30 Mexican Petroleum_ 100 541,200 7,739,58 179 Sale 217% Sept. 17118% Dec. 99 6 Jan. Jan. 13 105 101 1034 Sale 3,13 103 700 100 Preferred Nov 20 32% July 17 21 6 Jan. 26 17 Jan. % 233 Sale 24 Sale 25 300,65 Sale 23 9,400 5 Miami Copper 375% Jan. 16 71% Jan. 6 32 Oct. 9 71% Nov. 18 63% Sale 141% Sale 534,07 10 568,700 Middle States 011 403% Feb. 7 62% July 14 50% Sale I49/ 8 Sale .148% Jan. 23 52% Jan. 6 92,000 3,028,23 44 Sale Midvale Steel & Ord__ 50 Nov. 28 83 July 29 63% Jan. 19 695% Jan. 7 54 67 65 65 Sale 118,60 73 78 0,200 100 Montana Power Nov 17 106% Feb. 25 Jan. 6 100 100% 16 Jan. 100 Sale 100 103 100% 1,61 410 100 Preferred Nov. 13 53 Oct. 20 40 5 Jan. 51 13 46 Jan. 48 48 Sale 147 86,70 11,300 Mullins Body Jan. 19 295% Jan. 2 435% July 12 38% 15 Jan. 38% 38 Sale 37 365% 206,44 Sale 29% 8,100 50 Nov. 7 National Acme 24 75 Sept. 45 3 Jan. 72% 61% Jan. 19 65 Sale 70 Sale 281,60 38,900 NatAniline&Ch v t c no par Nov. 13 915% Oct. 7 865% Jan. 22 89% Jan. 6 87 88 87 26,65 89% Sale 2,500 100 7 Preferred v t c Oct. 139 20 Aug. 107 3 Jan. 125 21 118 Sale 118 Jan. 65,50 100 110 1,400 100 National Biscuit 114 Jan. 30 116 Jan. 9 112 Dec. 22 x121 Mar. 14 115 Sale 7,08 900 100 26 92 22 Preferred July Jan. 70 3 Jan. 80 23 Jan. 75% 76 75 80 78 72 33,80 68 900 May 26 Natl Cloak ec Suit......100 102 100 Jan. 22 102% Jan. 13 103 Dec. 1 108 102 105 100 6,225 103 106 300 100 Preferred 9% Jan. 24 115% Jan. 6 85% Dec. 30 243 July 18 Sale 10' Sale 10 Sale 473,10 16 8,600 par no Cable 7 888 June & 8 Nat Cond't 82 81 85 Sale 795% Jan. 24 895% Jan. 2 45% Feb. 15 104 462,85 47% Sale 27,000 May 27 Nat Enamel de Stamp_100 102 101% Sale 101% Jan. 31 102% Jan. 7 93 Jan. 11 100 94 90 5,5.4 600 100 23 Oct. Preferred 945% 80 Jan. 14 86% Jan. 27 64 Jan. 82 Sale 82% Sale 353,80 65% Sale 20,200 100 8 112 July 18 National Lead 109 Sale 108% Jan. 5 110 Jan. 3 102 Sept. 107 7,98 106 700 100 Preferred 5 133% Nov. 28 215% July 17 Jan. 175% 26 Jan. 16 16% 16 Sale 16 17% 16% 219,82 8,800 3 145% Oct. 22 Nevada Consol Copper 5 114 Sale 108% Sale 105% Jan. 19 1179/ Jan. 5 913% Feb. 275,05 99 105 11,300 New York Air Brake__100 42 Jan. 31 485% Jan. 3 193'4 Feb. 7 703% July 30 42 Sale 48 Sale 28 235,850 24 4,300 100 75 July 211 13 Mar. New York Dock 3 Jan. 61 443% 26 Jan. 155 60 63 150 49% 58 50,800 44 825 100 Preferred 1025% Jan. 23 104% Jan. 27 310 July 25 67 11 Jan. Nlag Falls Pow, pref 100 47 28 Jan. 58 5 .Tan. 54 57% 57 48 54% Sale 43.000 47 3,300 Co new stock.100 vo Amer • 32 STOCKS-STOCK EXCHANGE RECORD STOCKS SALES N V STOCK EXCH'OE In 12 Months January. 1919. Price about Jan. 2 1919. PRICES IV JANUARY. (VOL. 110 RANGE FOR YEAR 1919, Jan. 2. Jan. 31. Lowest. Highest. Lowest. Iliohegt Par Shares.' Shares. Bid. Ask. Bid. Ask. Bid. Ask. Nova Scotia Steel & C..100 Sale Prices. Sale Prices. 18,000 Sale Prices. 318,520 Sale 73 Sale 7034 Sale Ohio Cities Gas (The).. 25 70 Jan. 24 7734 Jan. 5 46 Jan. 31 97 Price', 76,600 4,266,378 44% Sale June ' 48 Sale Ohio Fuel Supply 4734 Sale 4534 Jan. 17 5034 Jan. 3 c353( Feb. 1 25 700 20,850 46 Sale 5134 Sale 6134 July 1( 483 Oklahoma Prod & Ref_ _ _5 129,800 50 % 483/8 Jan. 17 5134 Jan. 2 43 Jan. 1 55 3,074,3 80 July 24 9% Sale 9 Sale Ontario Silver Mining 100 9 Jan. 17 1034 Jan. 5 8 Feb. 5,500 265,000 1334 May IC 73. Sale 8% 9 Otis Elevator 8% Jan. 30 9% Jan. 26 534 Mar. 1' 1134 Nov ! 2,100 29,810 140 Sale 133 137 13034 Jan. 13 142 Otis Steel no par Jan. 2 128 62,100 Nov 1' 149 69,600 Nov ' 373-4 Sale Owens Bottle-Mach___ 25 35 Jan. 20 4134 Jan. 5 3434 Dec. 1 3734 Sale 4,400 194,250 47 3931 Nov 14 50 65 Sale 60 Sale Preferred 100 5834 Jan. 14 65 Jan. 2 46 Mar. 3 74 Oct. 400 2,900 17 98 100 98 100 100 Jan. 3 100 Jan. 7 Pacific Development 1,300 Oct. 18 104 May it 12,260 78 Sale 7334 75 Pacific Gas & ElectriO..100 73 Jan. 19 78 Jan. 2 1003% 70% Dec. 11 80 Oct. lE 3,550 70,252 555 56 Pacific Mail SS 556 Jan. 29 6131 Jan. 5 5834 Dec. 31 7554 2,300 138,610 37A 393 36 24 3734 3634 37 37 Jan. 28 383 Pacific Tel & Tel 100 4 Jan. 9 293.4 Feb. 8 4234 July 5,300 39,640 July 14 22 3734 Sale 4034 Sale 37 Jan. 13 4234 Jan. 26 22 Pan-Amer Pet & Tr 50 366,300 5,544,920 18 Jan. 21 41 Dec. 2C 693 Sale 105 Sale 93 Sale Class B stock Jan. 8834 16 50 Jan. 2 67 Jan. 21 14031 Oct. Z 10834 51,100 87,600 10034 Sale 90 Sale Preferred 87 Jan. 17 10334 Jan. 3 100 85 26,980 12034 Sale 9234 Dec. 13 10434 Dec. 111 Parish dr Bingham_ _no par a164 Jan. 14 a164 Jan. 14 117 9,300 Jan. 22 225 Oct. 3( 3 Sale 15,200 44% 43 44 Penney (J C) Co, pref_100 41 Jan. 22 473,4 Jan. 6 42 Dec. 15 200 4794 Nov 2( Penn-Seab St1 v s c_ no pa, 93 Jan. 26 94 Jan. 26 13,200 438,250 33 Sale % 3 People's Gas L & Coke_ 100 303,4 Jan. 16 35 Jan. 6 2734 Apr. 30 58 July 21,200 205,797 49 It 3 Jan. 2 411 Sale 39 4034 35% 3734 Sale Philadelphia Co (Pitts) 50 124,000 Jan. 5 32 Dec. 30 57 May 2( 523,840 a31 Sale 3931 Sale 540% Sale Pierce-Arrow Mot C no par 396,700 5,307,1 38% Jan. 5 42 Jan. 10 30 Jan. 1 43 Apr. 21 70 43 Sale 8134 Sale 70 Sale Preferred 65% Jan. 23 827 100 Jan. 3 1,000 29,510 3834 Jan. 22 99 Oct. 2( Sale Pierce 011 Corp'n 1043-4 Jan. 22 1083-4 Jan. 8 10134 Jan. 3 111 28 118,400 1,863,500 102 Oct. log Sale 193/ Sale Preferred 187/s Sale 183-4 Jan. 23 2331 Jan. 8 16 Jan. 2 28% May 2( 22,750 13,818 93 Sale 9434 Sale 93 Pittsburgh Coal (of Pa)100 Jan. 2 98 Jan. 7 93 Dec. 31 105% Oct. I 14,300 741,850 46A 21 48 63 Sale 5603 % 62 .560 Jan. 22 6334 Jan. 3 45 Preferred 100 1,100 Feb. 3 743-4 July 21 15,000 854 90 5 86 95 91 92 Pittsburgh Steel pref __ 100 8994 Jan. 12 9134 Jan. 24 8534 Mar. 17 98 970 6,625 May 90 21 94 90 94 88 92 Pond Creek Coal 91 Jan. 29 943 4 Jan. 7 9034 10 9,000 345,200 12 16 993-4 May 14 14 2634 Sale 23 Sale 23 Jan. 23 27% Jan. 5 1294 Jan. Pressed Steel Car 100 18,200 Feb. 5 3134 Oct. 11 786,830 623 Sale 102 Sale Sale 993-4 9534 Preferred Jan. 17 10334 Jan. 3 x59 Feb. 11 109 Oct. 2( 100 1,026 5,500 101 Sale 100 105 10034 Pub Serv Corp of N J 100 Jan. 7 10334 Jan. 9 100 Mar. 3 106 • July 400 5,400 89 If 65 73 6734 Jan. 27 68 Jan. 28 60 Dec. 18 Pullman Company........100 10,900 191,717 120 Sale 11434 Sale 114% Sale 11334 91/ Jan. 1 Punta Alegre Sugar ..50 Jan. 15 117% Jan. 5 110 Nov 2S 132% 65,600 638,250 July 11 x943% Sale 8831 Sale 87 Jan. 17 96 Jan. 71 51 Railway Steel Spring.._100 Apr. 4 9834 Dec. E 15,900 484,125 76 Sale 98% Sale 9834 Sale Preferred 9634 Jan. 19 102 Jan. 10 6834 Feb. 10 107% 100 580 6,665 104 Nov 1 1043-4 10934 10634 Sale 1043,4 Jan. 17 10634 Jan. 29 Ray Consol Copper 10 104 Feb. 4 112 June 1 19,500 534,938 213.( Sale 22 Sale Sale Remington Typew v t c 100 203-' Jan. 31 2234 Jan. 6 19 Mar. 4 273-6 2034 10,400 227,800 July 11 9034 Sale 833-4 Jan. 23 94 Jan. 3 68 Aug. 18 1st preferred•t c 100 100 10534 Oct. 24 1,350 99 Jan. 23 99 Jan. 23 2d preferred 100 June 300 28 103 2,100 9634 Dec. / 98 Sale Replogle Steel-----no par 98 Jan. 2 9834 Jan. 8 9534 Aug. 25 101 7,700 6,600 Nov. 1/ 50 Sale 43 46 4334 Jan. 23 4834 Jan. 3 46 Dec. 30 Republic Iron & Steel_100 948,400 3,817,3 5334 Dec. 50 11 Sale 7434 12334 Sale 511494 Sale j107 Jan. 16 12434 Jan. 3 7134 Rights 64,300 Jan. 18 145 Nov ' 55,900 2% Sale Preferred % Jan. 14 234 Jan. 3 100 1 Dec. 23 234 Dec. 31 1,000 24,700 98 101 106 107 103% Jan. 30 10634 Jan. 13 100 Jan. Republic Motor Trk _ no par 4,100 13 10634 % 3 Sale 209,500 21 54 51 Royal Dutch Co N Jan. 21 5594 Jan. 2 4434 Sept. 24 7434 July sirs 435,400 6,654,550 Nov. 1023 % Sale 10734 Sale 10134 Jan. 2 11034 Jan. 27 84 Aug. St Joseph Lead 10 16,600 8 121 July 11 70,050 1434 Sale 16 Sale 1434 Savage Arms Corp.._ _..100 Jan. 2 1634 Jan. 10 1234 Dec. 12 17 July 5,500 85,700 51 24 7134 Sale 58 75 Saxon Motor Car 753,4 71 Jan. 24 77 Jan. 28 53 100 112,910 3 9434 Oct. 11 512,865 731 Sale 1834 Sale 1534 Sale 1534 Jan. 5 2134 Jan. 13 634 Jan. Sears Roebuck & Co.._100 Mar. 3,600 21 64,000 29 176 Aug. Sale 231 ( Sale 218 230 22434 Jan. 24 240 Jan. 5 Preferred 100 16834 Feb. 13 23034 Dec. 31 575 3,520 115 125 11334 11834 116 116 Jan. 6 1173% Jan. 8 11534 ShattuckArizonaCopper10 Nov. 2,500 8 120 130,200 Mar 11 13 5 Sale 1134 Sale 1234 1234 11% Jan. 2 1234 Jan. 5 10 Feb. Shell Transport & Trad_.£2 222,752 19 1934 July 215 45,700 8131 Sale 588 Sale SinclairConsOilCorp no par 562,900 8034 Jan. 16 59034 Jan. 28 74 Dec. 12 8134 3,085,1 40 Dec. 3 Sale 4134 Sale 4434 4034 Jan. 30 4834 Jan. 5 4134 Dec. 12 Sloss-Sheffield Steel&I _ 10165,000 440,120 4934 Sale 74 Sale 57834 Sale 73 Jan. 17 8234 Jan. 26 4634 Feb. 10 6431 Nov : Preferred 100 700 Nov. :3 4,530 85 89 90 Sale 88 05 89 Jan. 23 91 Jan. 12 85 Mar. 11 89 So Porto Rico Sugar....100 700 973,4 July 1 13,233 132 Sale 230 250 220 Jan. 17 247 Jan. 28 132 Jan.. Preferred 100 2 257 300 Oct. 4,150 31 102 110 112 116 112 116 116 Jan. 28 116 Jan. 5 107 Jan. 27 117 Standard Milling 100 1,820 6,100 113 120 13934 Sale Stewart Warn Corp_no par 139 Jan. 3 148 Jan. 7 124 Jan. 14 160 Sept. ( 100 Oct. 113 Stromberg Carburet no pa, 4334 Jan. 23 4334 Jan. 23 52,900 700,994 80 Sale 77 Sale 70 Jan. 17 8634 Jan. 2 36% Jan. 10 10934 Oct. Studebaker Corp (The)100 851,000 8,057,7 II 501 52 Sale 11038 Sale 10534 Sale Preferred 4 Jan. 5 4534 Jan. 22 151 Oct. 21 9934 Jan. 24 1153 100 2,800 21,500 9234 Sale 10034 Sale 10134 Sale 100 StutzMotCarofAm..Nopar Jan. 3 10134 Jan. 31 92 Jan. 22 10434 21,600 583,100 Nov. 4934 Sale 117 Sale 130 Sale 116 Jan. 16 Superior Steel Jan. 6 42g Feb. 14 144% Oct. 1,i 100 9.900 215,300 3534 37 48 Sale 548% Sale 546 Jan. 16 13734 1st preferred 100 5034 Jan. :) 32 Jan. 21 5434 June 1 100 1,420 93 105 10134 102 Jan. 12 102 Jan. 12 95% May 14 105 Tenn Cop & Che in_ no par 35,800 903,000 13% 14 June 21 11% Sale 103% Sale 103% Jan. 2 1234 Jan. 24 9% Dec. 1 Texas Co (The) 100 131,900 1,557,892 184% Sale 1734 May : 22734 Sale 202% Sale 193 Jan. 15 231 Jan. 2 184 Jan. Rights_ 29,600 2 59,600 345 Oct. 31 60 Sale Subscrip rects 30% paid 5534 Jan. 8 61 Jan. 3 56 Dec. 31 70 Nov 2 1,900 192 Sale 185 Jan. 15 195% Jan. 15 Subscrip recta full paid _ 2,300 187 Jan. 15 193 Jan. 14 Texas Pac Land Trust..100 190 6,086 155 186 300 500 325 Jan. 14 325 Jan. 14 180 Jan. Tidewater Oil 100 300 3 470 May : 8,102 200 225 210 250 195 205 205 Jan. 30 205 Jan. 30 Rights 207 Jan. 3 275 34,800 Nov. : 19% Jan. 28 2331 Jan. 13 Tobacco Prod corp....100 75,100 2,253,690 z7434 Sale 93 Sale 90 Sale 8734 Jan. 13 9534 Jan. 3 72% Jan. Preferred 100 3,400 29 74,870 115 10234 June 31 Sale 102 Sale 102 105 1013/ Transcon 011 ctfs__no par 524,800 2,172,6 Jan. 14 106 Jan. 7 9734 Dec. 2 120 70 June 31 3634 Sale 253% Sale 23% Jan. 16 3894 Jan. 5 Transue& WmsSteel no par Dec. 30 62% Nov 11 13,900 234,300 3434 65% Sale Sale 5934 Jan. 17 6634 Jan. 3 3731 Jan. 11 6134 Onderwood Typewriter100 1,400 10,525 110 7434 Oct. 31 190 Sale 170 180 175 Jan. 27 190 Jan. 2 Preferred 100 115 100 b 19734 Dec. ,4 130 110 Jan. 28 110 Jan. 28 121 Jan. Union Bag & Paper new100 Feb. 2,000 17 121 35,80 73 78 90 95 91 Sale 91 Jan. 30 96 Jan. 6 75 Jan. 1 100 Feb. 1'7 Union Oil no pa, 111,450 616,08 July li 3634 Sale 33 Sale United Alloy Steel no pa, 3034 Jan. 15 38 Jan. 11,900 588,920 38% Sale 52 Sale 549 Sale 548% Jan. 22 53 Jan. 6 34% Dec. 1, 45% Oct. 1 Unit Cigar Stores, pref.100 5 37% Jan. 11 58% July 2, 100 1,51 107 125 110 140 111 140 111% Jun. 13 11134 Jan. 13 106 Feb. 5 122 United Drug 100 3,200 43,494 90 Aug. 91 141 Sale 142 Sale 141 Jan. 12 148 Jan. 14 1st preferred 50 1,900 9034 Jan. 6 175% July 21 27,580 50 5034 51% 5234 5131 Sale 51 Jan. 26 53 Jan. 13 50 Un Dyewood, pref 100 July 18 5834 May ' 100 105 90 95 96 Jan. 9 96 Jan. 9 96 May 23 96 United Fruit 100 9,100 237,65 1673% Sale 200% Sale . 191 May 2, 197 191% Jan. 17 2043 United Retail Stores no pal 294,900 4,643,7 4 Jan. 3 157 Feb. 10 215 Oct. 31 90 93% Sale Sale 8734 84% Jan. 17 96 Jan. 3 83 Nov 19 119% S Cast Iron Pipe & F.10u 14,500 418,850 Oct. 14 1 15 23%, Sale 2034 Sale Jan. 1934 Preferred 30 25 Jan. 3 14 Jan. 15 38:X 100 2,800 56,50 43% Sale Aug. 54 Sale 52% Sale 5231 Jan. 29 55 Jan. 5 4234 Jan. 16 S Express 100 4,000 24,600 16 July 19 743% 30 31% 2934 31 30 Jan. U S Food Products.... _ 100 29 31, Jan. 9 16% Feb. 55,400 1,964,65 z7634 Sale 6834 Sale 6434 Jan. 23 78 Jan. 5 66 Apr. 5 321 May 2US Indust Alcohol 10C 201,000 2,518,19 104 Sale 113% Sale 8 91 3 Oct. 107 Sale 104 Jan. 14 11638 Jan. 8 x97% Preferred 100 Dec. 1 167 May 2' 600 8,84 9634 Sale 102 104 10234 Jan. 22 103% Jan. 6 oog Jan. U S Realty & Improv 100 91,200 2 111 139,35 16 May 20 4434 Sale 52 Sale 44% Jan. 2 S Rubber 56% Jan. 15 1731 Jan. 3 50% June 21 100 551,000 4,362,425 803% Sale 1383% Sale 512734 Sale 5122 Jan. 19 143% Jan. 5 73 Jan. First preferred 100 6,200 52,60 10934 110 Nov , 211393 114 Sale 11434 Sale 113 Jan. 28 4 Receipts full paid 11634 Jan. 13 109 Jan. 20 11934 July 11 100 15,200 140 Jan. 6 140 Jan. 6 d45 Oct. 30 U S Smelt Refg dr Mg_ 50 12,300 554,25 45% Sale 7431 Sale 71 Sale 69% Jan. 26 76 Jan. 3 4331 Jan. 21 /136 Nov. 1 Preferred 50 3,090 18,83 44 47% 46% Sale 4634 Sale 4634 Jan.I 19 4734 Jan. 6 45 Jan. 18 7834 Nov 2. United States Steel___100 1,191,650 32,572,27 94% 50 Mar. 1' Sale 107 Sale 105% Sale 104% 19 109 Jan. 5 883% Feb. Preferred 100 15,780 184,495 113% Sale 11394 Sale 511331 Sale z113%Jan. 115 July 1Jan. 30 115 Jan. 28 11154 Dec. 10 Utah Copper 10 38,000 1,156,63 74% Sale 12 117 July 1 76 Sale 74% Sale 74% Jan. 22 80i Utah Securities v t c_ ..100 Jan. 3 6534 Feb. 7 971 July 5,700 113,975 13% Sale 11 Sale 10 Sale Vanadium Corp__ __no par 934 Jan. 24 12 Jan. 2 8% Dec. 16 21 3 June 11, 66,100 66,90 56% Sale 47 Jan. 26 573 Jan. 3 5434 Dec. 12 5134 Sale Rights 100 62 Dec. 1 1 Jan. 21 1 Jan. 21 Va-Carolina Chemical_100 23,100 588,80 53 Sale 68 Sale 570% Sale 565% Jan. 23 72% Jan. 5 Preferred 51 Feb. 10 92 July 1 100 2,300 27,10 108 112 107 112 109 111 110 Jan. 28 11234 Jan. 7 110 Jan. Va Iron Coal & Coke....100 4,690 7 115 Oct. 1 34,85 90 Sale Vulcan Detinning 7834 Jan. 26 91 Jan. 30 54 Mar. 31 z88 Dec. 3 10( 1,100 24,385 25 Jan. 12 29 Jan. 15 12 Jan. 6 2934 Oct. Preferred 100 300 2 2,88 587 Jan. 12 89 Jan. 5 40 Jan. 28 05 Oct. 2 Wells, Fargo Express._100 1,700 35,974 6234 70 52% 57 52 53 52 Jan. 26 56 Jan. 5 5131 Nov 12 79 May 2. Western Union Teleg_ ..100 4,500 92,69 86 88 88 Sale 8634 Jan. 24 8834 Westinghouse Air Brake 50 Jan. '6 82 Sept. 22 92% May 21 2,700 68,88 95 115 118 116 119 115 Jan. 29 119 Jan. 8 94% West'gh E & Mfg assent 50 Jan. 15 37,900 1,879,70 4134 Sale z54 July Sale 5434 Sale 52 Jan. 17 55% Jan. 3 4034 Jan. 21 126 1st preferred 50 200 June i 4,60 59 70 64 77 65 Jan. 6 6534 Jan. 9 61 Feb. 27 59% Weyman-Bruton, pref_100 70 20 20 al01 Jan. 28 al01 Jan. 28 100 Nov. 19 100 May 2 White Motor 50 63,500 1,269,91 43 Nov. 1, 4534 63 Sale 60 Sale 58% Jan. 23 66% Jan. Willys-Overland. 45 Jan. 3 ha Oct. 21 25 247,100 3,622,00 26,4 Sale 3134 Sale 52834 Sale 527q Jan. 23 32 Jan. 5 New preferred 3 23g Jan. 22 40 June ' 100 1,200 37,36 8734 8934 90 92 89 90 88 Jan. 29 93 Jan. 5 87 Jan. 7 98 Wilson dc Co In:v t c no pat 11,700 596,01 73 Sale 8034 Sale 574 Sale 735 Jan. 31 8234 Jan. 5 65 Jan. 20 1047 May 1 Preferred 100 100 6,10 90 99 95 98 95 98 9834 Jan. 13 9834 Jan. 13 9534 Nov 11 104 July ' Woolworth (F 3,500 57,00 125 127;4 125 June 11 130 122% 12334 12354 Jan. 30 130 Jan. 5 120 Feb. Preferred 100 7 1363 July 2: 500 3,411 115 121 113 116 11254 114 113 Jan. 22 1163% Jan. 6 112% Worthng'n P&M v t c_100 111,450 Dec. 20 117 Jan. 1. 681.761 5434 Sale 93 Sale 9234 Sale 87% Jan. 9 9531 Jan. Preferred A v t c_....100 27 50 Feb. 13 117 Oct. ' 700 12,513 85 90 9234 95 92 Jan. 17 93% Jan. 13 88 Jan. Preferred 13 v t c.. _100 5,100 40.391 67 Rate 9834 Oct. 11 72 76 70 Jan. 16 76 Jan. 6 RR Jan. 9 n RI Ott. I a Less than 100 shares. b [4x-rights. e Ex-div & rights dPart paid. e 2d paid. f Full paid. g3d paid Is Ex-etock dl". Quoted during the month prior to this date. s Eelividend. ex-divideo • Trust certificates. •Opening sales were made at these prime. 33 GENERAL QUOTATIONS BONDS AWD STOCKS for all the more important securities listed on the following thirty-two pages of tables, quotations are given inactive securities. and unlisted leading for also Any Stook Exchange in the United States; closing day of the month preceding the date of 2. Quotations from all Stock Exchanges are as near as possible for the to quote all bond prices "and interest," we have adopted issue. As the New York Stock Exchange began with Jan. 2 1909indicate the fact except where there is a deviation from to mark designating a employ the same method, and no longer is prefixed to the price, he must pay a eerued "f" letter the unless that therefore, , understand this rule. The reader will bonds or bonds in default, in which cases 'income to apply not does however, This, price. Interest in addition to, the any. be there should the price includes the interest, is a flat price—that is, that the accrued interest 3. The letter "4" prefixed to bond prices denotes that the quotation for it separately in making payment. As provide to have not does purchaser the therefore and forms part of the price, "flat," and no designating mark is always is price the default, in bonds and bonds income already stated in the case of employed to indicate the fact. except bank stock prices, which are quoted 4. Stock prices marked thus (d) are per share. All others are per cent per share unless otherwise stated. quotations for many inactive and unlisted securities 5. It should be borne in mind in the use of these tables that the which are considered reliable. sources from obtained are figures the cases ore merely nominal, but in all "g" for gold,"gu." for guaranteed,"end" for 6. The following abbreviations are often used, viz.:"M" for mortgage, "1 g" for land grant,"op" for optional. fund, sinking for f" "s , convertible for "cony" endorsed,"cons" for consolidated, the month when the bonds mature. indicates period interest the showing letters 7. The black-faced type in the 1. In "f" and income and defaulted bonds. NOTICE.—All bond prices are "and interest" except where marked Bonds Bid. Ask. Bonds Bid. Ask. Bonds Bid. Ask. Buff & Susquehanna RR CorpBait & Flarrisb—See West Md RAILROAD BONDS 72 69 J&J 1st 4s Dec 30 1963 Baltimore & Ohio— Bonds of companies cowed are 80 8031 Burl Ced Rap&No--SeeCRI&P Prior lien 330 g 1925___J&J Oen under the consolidated name. 86 88 F&A ac 58'44 Anaconda&P Butte 683 633 1st M 4s g July 1 1948_ A&O 95 Adirondack—See Del & Hudson 98 California N W 5s 1928 gu_A&O 60 60 Cony 43s 1933 red 1923 M&S 76 95 Akron & Barb Belt g 4s'42_J&D 100 _J&J '41_ g 5s Clear-1st & Cam 62 6131 D Ref & gen 55 1995 Ser A _ _J& 90 &la Gt South let 55 Dec'27_J&J 80 F&A 85 Gen M g 4s 1955 83% 8331 10-ys 6s July 1929 temp_J&J 80 Gen M 55 Dec 1 1927 2_ _Mt D 85% 843' 53 1962 ser A_A&O Eq g 43s 1920-Feb '22_F&A b 6.30 5.90% Canada Sou 91 80 1st cons g 5s 1943 Ser A_J&D A&O b 6.30 5.90% Canadian NorthernEq 4%s 1920-1923_ 75 Belt Ry of Chatt 58 1945_J&J Basis 0% 1st con deb 4s 1930 gu_J&D30 70 803 Pitt Jc&M div 33s05M&N 99 Ala Midland—See Atl Coast Lin 98 F&A 6% coll notes 1922 Va— & Erie Lake Pittsb 97 98 Alabama N Orl T & P June— F&A 1924 notes coil 6% 543's 55 Refund gold 4s 1941_ _M&N 86 b "A"deb 5s g'40 red '10_M&N if 83 63' 631 Eq 4%s various 70 6931 S W div 1st g 33s 1925_ _J&J 80 "B"deb g bs'40 red '10_M&N I/ 78 0 631 Eq trOsny'20-Jan'29Serl3J&J b 6%7 82 Central Ohio "C"deb g 5s Nov 1 1940_ A&O 11 78 SE 1st 4s £'29F&A Manitoba 873 43s'30M&S g con 1st 97 Reor 95 Ala & Vick—Con g 55 1921 A&O 93 Winnipeg Term g 4s'39 g_J&J 913 Ohio RivRR—lst g 55'36J&D 89 - -A&O 2d consol g 55 1921 9078 Canadian Pacific— 79 Gen gold 5s 1937_ _ _ _ A&O 100 96 Vicks & Mer 1st g 6s'21_A&O 72 deben 4s perpetual.. _J&J If 68 Cons 95 Hunt&BS 1st 6s 1922 J&J Albany & Susq—See Del & Hud 97% 9731 6% notes Mar 2 1924_ _M&S2 --. — 95 Ray Spen&G 1st 68'20 F&A Allegheny Valley—See Penn RR b6.40% J&J 6% 1920-1928___ 43s tr Eq 96 Pitts Cl & Tot 1st 6s'22_A&O &Beg & West—See Buff It & P 50 Aroostook Val 43s 1929 F&A 95 Pitts Junc—lst g 6s '22_ _J&J 89 Allentown Terms 45 1919 If F&A 91 5s g '34 1st Brunsw New --90 2d g bs July 1 1922_ __J&J J&J 101 Ext at 6% to 1929 69 Cons deb 4s perpetual_ _J&J If 66 92 Sch Riv East Side 4s'25_J&D Alton Bridge—See St C M & StL 86 70 Ont&Que deb gu 5s perp J&D Ii 83 60 5731 Staten 1st Ry 43s 1943_J&D 513Ann Arbor 1st g 48 1995_ _ _Q-J 50% Carb & Shaw—See Illinois Cent Tot & On div 4s 1059 J&J kroostookNorthern—SeeBangor & Aro ostook Carolina Cent—See Seab Air L 613 W Va & Pitts 1st 4s g '90A&O 70 Aroostook Valley—See Canadia n Pac. 75 Caro Clinch & Ohio 5s '38_J&D Aroostook— Sr Bangor Asheville St Spartanburg—S U & 6% F&A b6.50% Equip 5s 1920-1922 88 83 1st M 5s g Jan 1 1943_ _J&J 70 Col 1st M g gu 4s 1995__J&J Carolina & Yadkin River 47 Cons refund g 4s 1951_ _ _J&J 85 75 &tch & East'n Br-4s 1928_J&J 15 J&D 5s f 1st 1962 $ 82 78 _M&N Medford Ext 5s Atchison Topeka & Santa Fe— 80 Carthage & Adiron—See N Y C 75 '43__A&O 1937_773 Piscat Div g 5s Jan 76% Gen mort gold 4s 1095_ _A&O 80 84 Catawissa cons g 45 1948_ _ A&O 75 70 69 StJohnsRivExt gu 59'39_F&A 683. Adjustment 4s July 1 '05_Nov C R Ia F& N—See BC It & N 82 Van Bur Ex 5s g Jan '43_ A&O 69 693 M&N Stamped Ltd— Ry Argentine Central 75 70 5s'39_F&A 68 Washburn Ext 1st 83 Cony g4s of'00 due'55 optJ&D 86 Cony g 6% notes 1927_ F&A 84 67% Aroostook Nor 5s g 1947A&O Cony g 4s of 1905 due'55 _J&D Cent Ark & East—See St L S W 60 Nor Maine Seaport Ss'35A&O n 50 847 84 Cony g 4s 1960____J&D Pac Mo Ry—See Cent Branch 76% Battle Cr'k & Stur—See Mich C Trans S L let g 4s 1958.. J&J Central of Georgia78 Beech Creek—See N Y C & H Riv 763 Cal-Ariz lst&rf4Ms'62opM&S 95 1st M g 53 Nov 1 1945__F&A Col— British & Bay 102 Bellingham 92 If B Series 84 88 M&N Cons gold 55 1945 80 J&D 1932 1st g 5s Dec 1 863 E Okla Div 1st g 4s '28_ M&S 88% 89% '29J&D bds gold sec 6% 10-yr . - - -- Bell & Caron—See Illinois Cent 85 Hutch & So 1st g 5s 1928_J&J b 6.5u 26__J&J July'20-Jan' 4%s Eq (Ind'pl's)— Belt RR & Stk Yds 68 64 Rocky Mt Div 45 1905_J&J 76 Chat Div gold 4s 1951__J&D 80 75 M&N 1st ref g 4s 1939 San Fran & San Joaquin Vail— 883's 02% Macon & Nor g 5s 1946_ _J&J 9931 Belt Ry of Chat—See Ala Gr So 1st g 5s Oct 1 1040_ _ _A&O 81 J&J 5s 1947 1st Atl & Ga Mid Belvidere Del—See Pennsylvani a Santa 17o Prescott & Phoenix 833 Mobile Div g 5s 1946_ _ _ 05 Bennington & Ruti'd—See Rut land M&S let g 5s 1942 80 Oconee Div 1st g 5s 1945 J&D Big Sandy Ry—See Ches & Ohio Atlantic— & Birm Atlanta 81 5s 1937 M&N Bkg & RR Cent Fr San & L St 40 30 Birm Belt—See Income 5s Nov 1 1930 85 & e 55 '30J&J 0 Chattahooche 67 69 Birmingham & S E 6s 1961 M&N Atl & Birm 1st g 5s 1934_J&J 84 g 5s & '47_J&J South It Chat 60 gu_M&S '57 4s Birm Term 1st g Atlanta & cam'A L—See South ern Ry. 86 Eatonton Br 5s g 1926_ _J&D Boonv St Louts & Sou—See Mo Pacific kt1 Knox deCin—See Lou & Nas hville 95 Ocean SS Co g gu 5s '20 _J&J 913 88 Boston & Albany 5s Oct'63 J&J A.tlanta Knoxv & Nor—See Lou isv & N ashy StLouls 9331 & Ch Cl Cin Cent Indiana—See 90 J&D bs June 1942 &Cantle & Dan—See South RR 90% J&J 9431 Cent & New Eng—See NYNH & Hartf 5s July 1 1938 Atlantic City—See Reading Co 883' Central of New Jersey— 853 J&J 414s July 1937 Atlantic Coast Line Co of Conn— 100 993 Gen M (now 1st) g 55'87 J&J 857 8231 M&N NYC_ gu 4s May 1 1933 95 Certs Indebt 5s irredeem J&D / 90 98 98% AmD&ImpCo gu 5s '21_J&J 8231 853 --.-4s May 1 1934 gu NYC_M&N Certs Indebt 4s 1925____J&J / 90 g 4s B con Coal W & Leh 8578 &N 8231 guNYC--_M 4s May 1 '35 Atlantic Coast Line RIt— 6% b __J&D '35 '30, 534% 1925, 1920, 67 703 • J&J 3%s Jan 1 1951 763-i 761's 1st cons 4s July 1 1952 M&S 8031 N V & L Br gen 4s 1941_M&S 70 663's Ref 3%s 1952 gu NYC A&O 70 6831 Col tr g 4s Oct 1'52 op M&N 95 General gold 5s 1041__M&S 80 Bost & Lowell 43s Feb '33_J&J 68 05 Cony deb 48'39 op'16 M&N & Ohio Bait Ohio—See Central 7631 A&O 1032 4s April 74 Gen unit Ser A 4%s'64 J&D Central Pacific—See So Pacific_ 94 J&J 33s Jan 1921 Eq43sJne'20-Dec'21J&D b 6% 5.50% 81 743' Cent Verm 1st 4s May '20_Q-F 60 96 Boston & Maine-43s g '44J&J AlaMid—lstgug5s'28M&N Charleston & Nor—See Caro Atl West 76 A&O 43.s April 1 1929 Atlantic Coast Line of SC— 84 Chart & W Car let 5s '46_ A&O 75 M&S 79 1 1926 4s Sept 76 Gen 1st g 4s July '48_J&J 90 Aug Tend let gu g Os'47 A&O 60 F&A 4s Feb 1 1937 -N E of S C Os 1033. J&J 104 Chateaugay Ry—See Del & H 60 F&A 4s Aug 1942 83 78 Brun & West 1st 48'38_J&J Ga. of Cen Gulf—See & e Chattahooche 80 M&N 33s Nov 1 1921 —__ Cent of So Car Os '21_ _J&J 100 60 Chattanooga Sta 4s '57 gu_J&J 78 J&J 114 33s Jan 1923 Char & Sav gen 7s 1036_J&J Chesapeake & Ohio50 J&J 80 35 July 1950 70 Fla So 1st g gu 4s '45_ ..J&J 92 93% 1st cons g 5s 1939_ _ M&N 70 Ports tF&Con 4%s '37_J&D -- -. 95 Nor & Car 5s 1939__ _A&O 75% 75% General 4s gold 1992__M&S 96 Bos & NYAL—See NYNH&H 93 Pet'b'g—Class A 5s g'26 J&J 733 73% Cony g 43s 1930 op '15_ F&A 89 107 Boston Rev B & L 43is'27_J&J Class B Os g 1026_ _A&O 103 83 85% 1929_J&J 4s impt fund Gen ..— Bnms & W—See At Coast Line 85 Rich & Peters4%s 1940 A&O 78 77% A&O Cony g 5s 1946 1053 Buffalo Creek 1st 55 1941_ _J&J Say Fla& W 1st g 6s'34 A&O 1033 783-i Craig Valley 1st 55 g'40..J&J Buffalo Rochester & Pittsburgh 90 1st M g 5s 1034_ _ _ _A&O 08 643 Potts Creek 4s 1946 ' J&J 05 91 M&S 98 General 55 g 1937 95 Wit & Wel gen g bs '35_J&J 77% 71 813 R & A Div 1st con g 4s'89J&J M&N Con g 43s 1957 80 Gen mort g 4s 1935....J&J 68% 66 J&J 4s 1989 g con 2d , 5.70 b F&A 1920-'33_ K Ser 6s Equip Ry. Atlantic & Yadkin—See Souther n 75 M&S 5s '41 g Val 1st Sp Warm 5.70 6 Equip 4%s Ser E 1922_ _ M&N b Augusta South—See South Ry. 71 8231 Coal Riv Ry 1st 4s gu'45 J&D 5.70 Equip g 43s Ser F 1927_ A&O b 6 kug Term—See Chart & W Car 60 Elevator Cog 48 gu '38_ _A&O Equip 4s Ser 0 1929. A&O b 6% 5.70 Austin & Northw'n—See So Pac 80 70 1st g 4s'44 J&D Ry Sandy Big 74 713 1998A&O guar g 4s West & Al Salt Ches & Atla,n—See Pa RR 70 Greenb Ry 1st g gu 4s'40M&N 85 Clear & M 1st 5s g gu '43_J&J 90 Balt & Cumb Val RR Os'29_J&J 60 Raleigh & S W 1st 4s '36_J&J 101 99 Roch & P 1st Os 1921_ F&A 90 Ex let M Os July 1931___J&J 05 WestPocCorplet 4%8'45 F&A Consol let g Os 1922__J&D 10031 103 Chesapeake & Ohio NorthernBuffalo & Southwest—See Erie. 84 75 A&O 1st M 5s 1945 guar 50 Chesterf'd & Lane let 5s'55F&A 31 303 Chic & Alton let 3%s 1950_J&J 48 463 RR refund g 3s 1949_ .__A&O _ 65 Deb 5s 1922 subj to call_J&D o Basis. / Vine price includes accrued interest. A Last sale. I In London n Nominal. s Sale Price. 34 GENERAL QUOTATIONS [vol.. no NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds Bid. Ask. Bonds Bid. Ask. Bonds Bid. Ask Chicago Burlington & Quincy— Chic St Paul Minn & OmahaDelaware & Hudson (Concd)78 M&S Gen M 45 1958 79% Cons 6s June 1 1930_ _ _ _J&D 103 Chateaugay Ore Az Iron— 10434 Deny Ext coil tr 4s 1922_ F&A 98 Cons Os red to 3%s 1930_J&D 75 Guar gold 4s 1942.,..., J&J 80 70 Illinois Div3%s'49 op'29_J&J 71 763 Deb gold 5s Mar 1 1930_M&S 82 35 Rens & Sar reg 1st 78'21 M&N 100 104 45 July 1 1949 80% J&J Stamped 813 Utica Clin & Bing bs '39_J&J 80 Nebraska Ext 4s 1927_ M&N 91 North Wisconsin-6s'30_J&J 100% 903, Delaware Lack Az Western— S W Div a f 4s 1921_ _ _ _M&S 99 Super Sh L 5s June 1930_ M&S Morris & Essex 334s2000 J&D 08 70 C B & Q joint 4s—See Gt Nor Chicago Terminal Transfer— N Y Lack & WesternChicago dr Eastern Illinois— Chic & Gt W 5s g 1936_ _J&D 90 1st Os g'd Jan 1 1021_ J&J 100 21 Ref & Imp M 4s g '55 op_J&J 1 203' Chic Terre Haute & Southeast2d bs g'd cons 1923_ __F&A 95 24 U S Mtg & Tr ctfs dep___ I 20h 1st Az ref g 5s Dec 1'60op_J&D 07 Term & Imp 4s gd '23 M&N 93% 923( 99% 1st consol 6s gold 1934_ _A&O Sou Indiana 1st g 48 '51_ F&A 50 55 Osw Az Syrac gu bs '23_ _M&N 90 __--• Gen consol 1st 5s 1937M&N 67 Chicago Unioh StationWarren 1st refg 3349.2000F&A 00 __--• 68 U S Mtge & Trust ctfs dep 1st gold 4%s 1963_ _ ___J&J 792 813j Denver & Rio Grandestamped M & N 1915 Chicago & Western Indiana— 1st con g 45 1936 03 J&J 64g M & N 1916 and Gen gold 6s Dec 1 1931_Q-M 101 102 1st con g 434s 1938 J&J 70 6734 57 42 M At N 1917 int Consol g guar 45 1952_ _ _ _J&J 57 5734 Improv't gold bs 1928___J&D 6834 70 Guaranty Tr Co ctf dep 67 (1% notes'18 ext to '19_ _M&S 90 1st & ref g 5s 1955 op_ _ _F&A 43 45g PurMlst lien coal5s'42opF&A 44 Chic Az West Mich—See Pere M Bankers Tr Co stpd ctf dep I 45 Eq 53is Mar'20-Sep '25 M&S b7.25% 6.50% Choc Ok At Gulf—See C R I At P AdjInc 73 cum 1932 op_ _A&O 40 45 10 5 Ch & I C Ry—lst 55'36_J&J Cincin Hamilton Az DaytonRio Or June 1st gu 55'39 J&D 75 Danv&GCrlst M 6s '20M&N 92 85 General 5sgold 1942_ _ _J&D 66 72 Rio Gr So 1st g 48 '40.,_ _J&J 25 -55' 95 80 Ev TH&Chic inc 68 '20_ M&N 2d mtge gold 43s 1937JAEJ 72 75 1st g 4s guar 1940____J&J 25 30 54 Chic Gt West—lst 4s 1959M&S Dayton & Mich 1st 5s 1911 553.5 Rio Gr West 1st 4s '39_ _J&J 0:3 01 99 Chic Ham & West 1st 68'27_J&J 90 Ext at 43.% to'31op'17J&J 1st cons g 4s 1949 op_ _A&O 8734 50 Chic & I c Ry—See Chic & E Ill C I St L & C—See CCC & StL— Utah Fuel 1st 5s 1931_ 83 Chicago Indiana & Southern Ry Cin Indianapolis & WesternDes Moines & Ft Dodge—See M&SM nn&E3 - t Louio 72 Con mtge g 4s 1956 guar_J&J 75 1st M g 5s Nov 1 1965_ M&N_ 77 n 67 Des Plaines Val Ry—See Chic & N W Ind Ill & Ia 1st g 48 1950_J&J 753 Cin Leb dr Nor—See Pennsylvan la RR, Detroit Grand Haven & MilwChicago Indianap & Louisville— Cinc & Musk Val 4s 1948_ _F&A 73 1st Eq'18 ext to Nov14'20 A&O 96 100 Ref M g 65 1947 Ser A_ __J&J 98% Cinc N 0& Texas PacificCon gu'18ext toNov15'20A&O 93 97 81% Ref M g 58 1947 Ser B___J&J Eq 4 AsMay 15'20-21 M&N15 b 6.62 6.12% Det Gr Rap & West—See PereM 853 Ref M g 48 1947 Ser C_ __J&J 75 683 Cincln North 1st g 4s 1951..J&J Detroit & Mackinac— 55 M&N 1st AtIn 58 1966 Cin Rich At F W-78 g '21_J&D 97 Prior lien gold 4s 1995__J&D 55 78 Eq 4 s Mch 15 '20-'21_ M&S b 6.50 Cin San & Clev—See CCC&StL. Mortgage gold 45 1995_ _J&D 50 Apr15'20-'21 A&015 b 6.50 Eq 4 6 Clearfield & Jeff—See Pa & N W Detroit Riv Tun—See Mich Cen Eq 4%s Feb'20-Aug '23_F&A b 6.50 6 Clearf & Mahon—See B R & P Detroit & Toledo Shore LineIndianap At Lou 1st 48 '56J&J 71 Cleveland Akron dr Columbus— 1st gold guar 48 1953._.._J&J 60 70 Monon Coal gu 5s '36 op J&D 40 91 General gold 58 1927_ _ M&S Dul & Ir Range—lst 55'37 A&O 8934 92 Ch I & StL ShL—See CCC&StL 70 1st cons guar g 45 1940_ _F&A Dul Mis & Nor 1st 6s '22 _J&J 95 Chicago Lake Shore At EasternUnguaranteed 70 1st cons g Os Jan 11923.,_J&J 90 1st M 4%81969 op 1919_J&D 86 803 Cleve Cinc Chic & St Louis— Gen g sr 58 Jan 1 1941_ _J&J 95 Chic Milw Ac Puget SoundGeneral 4s gold 1993__ _J&D 633 Duluth Rainy Lake & Winnipeg 60% 1st M g 48 1949 guar J&J-Q-J 80 Gen M 58 Ser B 1993_ _J&J 63 1st 58 1910 ext 1921____J&J 84 92 95 Chicago Milwaukee & St Paul— Deb gold 4%s 1931 74 J&J Duluth South Shore & Atlantic 75 67 Gen g 48 A May 1 1989_ _J&J 67% Ref & imp Os 1929 SerA_J&J 95 1st gold 5s 1937 96 72 J&J 83 59 58% Gen & ref 43.8 Jan 2014 A&O Equip trust 5s 1920-1929_J&J b 6.20 5.80% Dutchess Co—See Cent New Eng 66% Cony be Jan 2014 Ser B F&A 67% Equip trust 6s 1920-1927.J&D b 6.20 5.80% East Tenn Va Jr Ga—See So Ry 133% 60 Gen g 3%5 B May 1 1989 J&J Cairo Div 1st g 45 1939__J&J 77% Eastern Minn—See St P M & M 7134 Gen 4%s May '89Ser C J&J 75% 79 C W & M Div 1st 4s g'91_J&J Easton Az Amboy—See Leh Val 013 Deb gold 4s July 1 1934 J&J 56% 59 StLDiv 1st col tr g4s'90.M&N Elgin Jol & East 55 1941 M&N 66 90 95 Cony deb 4%s'32 op '22 J&D 67 683j Spr&ColDiv 4s 1st g'40_M&S 70 Elkin dr Alleg—Os 1941_ _J&J Gold bonds 4s 1925 op'22J&D 4 70, White W V Div 1st 48'40_J&J 714 70% Elmira & WilliamsportChic & L Sup Div g 55'21J&J 96% 45 Cent Ind Ry gu 4s 1953_ M&N 97% 66 1st Os'10 ext at 4% 1950_J&J 80 88 Ch Az Mo Riv 1st bs 1926_J&J 99 Chic Ind dr St L Sh Line RyIncome bs 2862 A&O 92 89 Ch & Pac West Div 5s'21_J&J 97% 96% 1st gold guar 49 1953_A&0 48 El Paso & Rock Isld—See ElPas0 & Sou thweon 100 Dubuque Div 1st 65 1920 J&J 99 C I S LArClst4sg Aug'38_Q-F El Paso & Southwestern Co78% Fargo & So g Os ass'd '24_J&J 98% 100g Con s f Os'20 dr0105.M&N New Mexico Ry & Coal Co100 Mil & Nor 6sextat 4%'34J&D 78 803 CinSan&Clev con g 5s'28.J&J 88% 1st col tr g 5s Oct 1 '47 A&C) 80 Cons 68 '13 ext at 4% to Cleve Colum Cin & Indianan lstArcon&coll tr g bs'51A&0 75 74( 1934 78 J&D Gen cons gold Os 1934_J&J 101% Dawson R & Coal 58'51.1&J 85 Wis & Minn Div g 5s'21_J&J 97g 9O3 Id Blm At W ext 4s 1940_ A&O 70% ElPas&RI Ist g gu 5s151J&J 75 Wise Vail Div 1st 68'20_ _J&J 100 98 0 Ind Az W g 5s Apr 1938_Q-J 70 Erie--NY&E lst4sext g'47 M&N 80 82 Ch & No M—See Pere Marq Peor & East cons 4s '40_A&O 4345 3c1 ext gold 1928 _M&S 92 53 Chicago & North Western— 2d cons Inc 4s 1990_ _ _Apr 1 / 15 58 4th ext gold 1920.___A&O 18 97 65 Gen M 33.s g 1987 M&N Empire Trust ctfs dep_ 653 48 5th ext gold 1928 27 J&D Gen M gold 4s 1987_ _ _ _M&N 75% 77 Cleveland Lorain & Wheeling7s 1st cons g 1920 96% M&S Stpd non-pay Fed Inc Tax 77% Cons now 1st g 5s 1933 A&O 91 7s 1st cons g fund 1920_M&S 94 98 Gen M 5s1987stp inc tax Met N 96 95 Stamped subject to call Prior lien gold 48 1996_ __J&J 52 5534 90% Sink fund deb bs 1933_ _ M&N 913 Con refg g 4s 1930 rod _J&J Gen lien gold 4s 1996_ __ _J&J 80 40 41 Sinking- fund 6s 1929___A&O 101% 109 Clev & Mahon Val—See ErleRR Cony gold 4s 1953 Ser A_ A&O 3534 3034 be 1929 A&O 953' 97 Clev & Marietta—See Penn RR, Series B 1953 A&O 3334 343( 30-year deb 55 1921 A&O 15 96U 973.6 Cleveland & Pitts—See Penn Co Series D 1953 A&O 38 3834 Exten bonds 4s 1926_ _F&A 15 90 873 Cleve Short Line—See L S & MS Eq g 4348 Feb'20-Aug'21F&A b 6.75 6.250 Equip tr 4%s 1920-1922_A&O b 5.95 5.50% Cleveland Terminal dr ValleyEq g bs July1920-1923___J&J b 6.75 6.25 Boyer Val 1st g 3 90 ips'23_J&D 1st 4s gold guar 1995_ _ _M& N 67 84 Eq 434sSerBBleob'20-24 F&A b 6.75 0.25 D Des Plaines Val 4 s '47_ M&S Coal & Iron Ry—See Western M aryland 803 Penn coil g 4s Feb 1 '51_ _ F&A 79 81 Frem Elk & Mo 6s'33 Actr0 110 Colo & Sou 1st g 48 1029.,.... F&A 84% Buffalo & Southwestern86 Ia Minn & NW1st3Ms'35J&J 75 Ref M g.00 May 1 '35_ M&N 70% 1st g 68'08 ext to 1928 J&J 71 97 Manitow0B&NW3%s'41J&J 7034 67A 97 Ft Worth & D C Os '21_ _J&D 2d g bs '08 ext to 1928_J&J 89 Mashf ext 1st M ts '22_ _A&O 96g Colo Sou N 0& Pac—See St L Az F Jeff RR5s gu'09 ext to'19A&O 90 Mil Lak Sh & W 6s 1921 M&N 99% Colo Spr Az Cripple Crk D RyChic & At[Term bs 1918 Mich Div 1st 6s 1924 J&J 98 5 1st gold s f 58 193010 ext to July 1928 15 J&J 89 Ashland Divlst g 68'25M&S 101% 98 1st cons 5s Oct 1942_ _ A&O Ch & Erie 5s 1st g 1982_ M&N 10 81ExtAtimp s f g 5s '29_ F&A 95% 9O3 Col Connec At Ter—SeeNorf &W Cleve & Mah Val g 55'38 J&J 91 94g MilSparta&NWlst4s '47M&S 713 7434 Col Hock Val&T—See Hock Val Erie & Jersey s f Os 1955_J&J 95 Mil&StateLine 1st3As'41J&J 63 97 Concord & Mont cons 4s'20J&D Genesee River Os 1957__J&J 94% Minn & Ia 1st g 3%s'24 J&D 88% Deb 4s June 1 1920 92 J&D Long Dock Os con g 1935 A&O 108 Peoria & N W 3%s 1926 M&S 87 Deb 3345 June 1 1920_ _J&D 90 Newb & N Y 1st 55 1929_J&J 88 Prin & Northw 3%s 1926 J&J 87 85 Conn & Pass—lst g 45'43.,A&0 NJ&NY 1st 6s 1910— St L Peo & N W 58, 1948_J&J 87 NewpAtRichf 1st 5s'41gu_J&J 91 85 Ext at 5% to 1950_ __ _ MArN 85 St Paul EastGrTr43.s'47J&J 80 65 Conn River—Gold 4s'43_ M&S NY&Gr Lake gu g 58'40 M&N 8034 85 Sioux City & Pac3%s'36F&A 74g 90 3%8 Jan 1921 J&J NYLE&WC&RR.Chicago Peoria At St. Louis— 3345 Jan 1 1923 87 J&J 1st Os curr guar 1922_ M&N 93 100 Prior lien g 4s 1930_ M&S 30 40 Connecting Ry (Phila)— NYLE&WD&Ilst 63'13 Certificates of deposit 25 35 8234 let M gu 4s Mar 15'51.M&S 15 87 Extended at 5% to '43 J&J 91 Chic Rock Is! & PacRailway— Connellsv & Monongahela RyN Y Pa & 0 p 1 4%s'35 M&S 78 General gold 4s 1988._ _ _J&J 72 73 1st s f gold 4s 1930 opt._M&S 85 90 N Y Susq & WesternRef g 4s 1934 op to 1911 A&O 64% Cuba RR—lst g 55 1952_ _J&J .643'g 68 73 1st refunding 58 1037. J&J 00 5134 Eq bs Ser H 1920-1923_ _J&J b 6.75 6 Imp & equip 5s 1900_ _ M&N 00 65 2d mtge 434s 1037.,_.,_ F&A 55 Eq 4%s Apr'20-Oct'19_A&O b 8.75 6 Cum & Penn—lst g 53'21_ M&N Gen mtge bs g 1940 _F&A .10 Eq 4s May'20-'25MAtN b 8.75 6 Current Riv—See K C Ft S & M Term 1st g bs 1943_ M&N 88 Eq 4 s July'20-July '27 _J&J b 6.75 0% Dallas & Waco—See Mo K & T Midland of NJ 1st 6s_1910 Burl Cedar Rapids & North— Daws Ry & C'l—See El Paso & Southw estern ext at 5% to 1940_ _A&O 72 Con 1st &col tr 5s g'34 A&O 90 93 Dayton St Mich.—See C H & D Wilkes&E 1st g 5s'42 J&D 54 Cedar Rap Ia Falls & NWDel & Bound Br 334s '55_F&A 70 Erie & Jersey—See Erie RR 55 bold guar 1921_ _A&O 923 Delaware & Hudson— Erie & Pittsb—See Penn R.FtM&StL 1st gu g 75 '27 J&D 95 Cony bs 1935 A&O European & N A—See Maine Central 84 823 Choctaw Oklahoma & Gulf— 1st lien equip g 4349'22_ _J&J 96% 9734 Evansville & IndianapolisConsol gold bs 1952_ _ M&N 80 89 1st & ref gold 4s 1943.,.,. M&N 78 76 Consol g guar Os 1926___J&J 12 7 Choc & Memph 5s 1949_ _J&J 82 86 5% notes 1920 gg% 99 F&A Ev dr In 1st g gu Os 1924_J&J 1 7 12 Peoria RyTer 4s'37 gu opJ&J 35 Adirond 1st 4345 '42 gu_M&S 77 Evansville & Terre HauteR I Ar & La 4%s 193I__M&S Albany & Susq 3%s gold 1946 613( "ii% 1st cons gold Os 1921._ _J&J P5% Rock Isl & Peoria 6s '25_ _J&J 95 (cony before 1916) gu_A&O 1st gen bs gold 1942_ _ _A&O / 55 02 6934 St P & K C Sh L 4%8'41 F&A 62 05 BluffPoint Land Impt CoRefund M bs July 1041., J&J 21 13 Keo & Des M—lst 59'23A&O 68 1st Mg g uar 4s 1940_ _J&J 60 7034 Mt Vernon 1st Os g 1923_A&O 70 50 Chic St L & N 0—See Ill Cent Sul Co Br 1st g 58 1930_ _A&O 28 48 Chic St L & Pitts—See Penn Co T H Sr Chic—See Chic & E Ill Fargo & So—See Chic M & St P 84 Fitchburg-5s Jan 1 1934.J&J 4348 ref 1928 85 M&N J&J soy, 43-is Jan 1933 4s refunding 1925_ _ _ _ _ M&N 87 4s refunding Mar 1927_ M&S 843-1 Basis. I This price includes accrued interest. k Last sale. In London. n Nominal. •Sale price. 35 RAILROAD BONDS FEB.; 19201 marked "I" and income and deiaulted bonds. NOTICE.—All bond prices are "and interest" except where Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask. Louisville & Nashville— 84 Indianapolis Un 43%s 128_ _ M&N fitchburg—(Concluded) Gen mort gold 6s 1930__J&D 84 Gen dr ref g 5s 1965 Set A_J&J 843% • A&O 97 4s refunding 1027 50-year gold 55 1937._ M&N Interboro-Met tSee Street & El 84 SOU 813% 4s Jan 1928 Unified gold 4s 1940 ____J&J Securities Ry Inter Rap Trani 96 A&O 90% 97 _M&N Oct 1 1920 _ 3 _ 1931_ 5s tr gold Coll Northern Gt & International 93 A&O b 5.95 5.50% __J&D 33s Oct 1 1921 95 '20-1923_ Jne 58 Equip (unext'd)_M&N 1919 Os 1st 6 713% 70 M&N 1955_ 4s div Cin & K 88 At Troy & Boston-7s 1924_J&J 103 91 Ext at 7% to 1922__M&N 95% 100 Flint & PereMarq—SeePereMar 40 Atl Knox & Nor 1st 5s146J&D 37 5% notes Aug. 1 1914___F&A Fla Cen & Pon—See Seab Air L 2002__M&S 4s gold Consol 95 76% Col Riv Bridge 7s '20.. M&N 74% 98)1 88 Florida East Coast 4%s'59 J&D Lou C & Lex 43%s g'31_M&N Internat Rys (Central America) Florida South—See Atl Coast L 62 N 0 & Mob 1st g 6s 1930_J&J 100 If 59 M&N 1972 opt 5s M 1st 70 100 1934_J&J 5s 94% Florida West Shore 2d gold 6s 1930_J&J Iowa Central—See Minn & St L 74 Fonda Johnstown & GloversvPad&Memdiv 1st 4s '48_ F&A 75 Ia Minn & N W—See C & N W 80 99% 100% 1st cons ref1g g 4)is 1947_J&J Div 1st 6s '20_ M&S 84 Pensacola '39_J&J gu 5s 60 1st 50 Jacksonv Ter 99% 993% Gen ref1g gold 45 1950_ _J&J '21_M&S 6s St Div 1st Louis 50 Jamestown Frank & Clearfield40 50)1 51 1st con ref 4%s '52 opt_M&N M&S 84 2d 3s 1980 J&D 1st g 45 1959 guar 99 Fort Dodge Des Moines & SouS & M&S H St L 1921_ div 6s 80 Jefferson—See Erie 75 J&D 100% 101% 1st 55 1938 6s 1931_M&S g Br Henderson 15 Joplin Union Station 73 77 FtSmith&West 1st g 48154_A&O 82 76 Kent Central-4s g 1987_J&J 70 1st g 43.0 1940 guar op_ M&N 86 84% Fort St UnDepDet 4%s '41 J&J Lex & East 1st bs 1965_ _A&O Kai Al & G R—See LS&MS 82 Ft Worth & Den C—See Col & S L&N Nrob&Mont43%s145M&S Kanaw & Mich See Tol dr 0 C 563% Ft Worth & Rio Gr 4s 1928_J&J Louisv & Nashv South'n joint Kankakee & S W—See Ill Cent 65 601, Fre Elk & Mo Riv—See C &NW J&J gold 4s 1952 Kansas City Clinton & SpPac So 89 71% Galv liar & San An—See 65 Term 1st g 45'52gu J&D L&N 673% 1st 55 gold 1925 guar _ _ _A&O 88 95 Galv Houston & HendersonF Nas & S 1st gu g bs'37_F&A 80 Kan City Ft Scott & Memphis— A&O 1st M 5s, 1933 66 dr Cincin 65% Newport Bridge Refdg g 4s 1936 guar_ _ _A&O 79)1 Genesee River—See Erie RR 99% 101 1st Mg 43%s 1945 guar_J&J M&N 75 Cons 6s 1928 98% 100 Gen & Wyo 1st g bs 1929_ _A&O 90 85 Pensa & Atl 1st 6s gu '21 F&A Current Riv 1st 55 1927_A&O 9134, 96)1 Geor & Alabama—See Seab A L 70 N & Ala Con M g 5s'36 F&A S K C Mem & Bir 4s 1934_ M&S 85 Georgia Car & N—See Seab A L 833% Gen con gu g 5s 1963 A&O 18 Income 5s Mar 1934 Sept 1 f 70 Ga & Fla 1st g 1956____M&N 67 65 Macon Dub & Say 55 1947 J&J M&S Assented 80 Geor Midland—See South'n Ry Macon Terminal 5s 1965__J&J Kan City & Mom Ry & B- 85 Georgia Pacific—See South'nity 92 Mahoning Coal—See LS&MS A&O 98 1929 gold 5s 1st 97 Geo RR & 13anleg 6s 1922__J&J tr 5s'23J&D Central-Coll Maine 98 Hans & Mo lst 5s '22_ _F&A J&J 82 55 Jan 1 1922 J&D 1st & ref 434s 1935 70 Kansas City Mexico & OrientJ&J 87 4s Jan 1 1947 J&D 1st & ref 5s Dec 1935 90 87 1st gold 4s 1951 (undep.)F&A 78 Ga Sou & Fla 1st g 5s 1945 J&J A gold _J&J 1933_ N 4s & Eur 95 92 A&O 6% notes 1916 ctfs Gettysburg & liar 55 gu'26A&O Hereford Ry—G 45 '30_ M&N Kan City & Pac—See M K & T 97 Gila Val Globe & Nor—See Sou Pacific 0_F&A & Knox LincPenSL4s'2 • Kan City Southern— Gr Rap Bel & Sag—See PereMar 573' Upper Coos 1st gu 4s'30 M&N AM) 56)1, 1st gold 3s 1950 Grand itap & Ind—See PennRR 703% iipperCoosEx43%s g '30 M&N 63 57 '50_J&J 1 Apr 55 imp't & Ref '50_J&J £ 4s Grand Trunk West Washington Co Ry 1st g gu 60 54 Kansas City Terminal Ry58 1st g gu 45 $ July 1 1950_J&J _ •703% 713% 33%s Jan 1954 op 1924_J&J 1st g 4s 1960 op 1930_ _.._J&J Great Northern— 95 Manila RR—See Foreign Gov't p.49 943% 94% J&J 430 notes 1921 Northe rn. C B & Q coil tr g 45 1921_J&J 98% Manitoba & S E—See Canadian 82% 833% 6%_ notes Nov 15'23_ M&N 15 90 1st & ref g 431s 1961 op'41J&J 95 MarglIoughton&Ont 6s'25 A&O 98% 993% K C Viaduct & Term Ry 1st s f M&S 50 5% notes 1920 F&A Md Del & Va 5s 1955 gu 11 '30 rcts_J&J op '34 Sept 43%s Canada— of Ry 50 60 Great Northern & M&S Pa 1st Maryl g 1951 4s 77 72 N If & L Kentucky Central—See 13 Con 4s 1934 opt to 1914_A&O Income 4s 1951 A&O / 9 79% Keokuk & Des M—See C H I & 53 Green Bay & West deb ctfs A_ _ Mason City & Ft Dodge8% Knoxv & Ohio—See South'n Ry 7% 38 Deb ctfs B 45 1st M J&D gold 45 1955 Lake Erie & WesternGreenbrier Ry—See Chesapeake & Ohio 80 78% Memphis Union Station Co1st gold 5s Jan 1 1937_ _ _J&J 82 Greenwich & Johnsonville90 78 1st g gu 5s Nov 1 '59__M&N 85 80 J&J 2d g 5s'July 1 1941 J&J 1st old 4s 1924 66 Merchants' Br—See Term RR No Ohio 1st gu 5s g '45_A&O & H R Gulf & Ship Island RR'55 guar M&N Meridian Term 4s 80 Lake Sh & Mich So—See N Y C 65 1st ref & term g 5sFeb'52.J&J Mexican International— Leavenw'th Term Ry dr Bridge 20 Gulf Terminal of Mobile30 Prior lien g 43%s 1947_ M&S 55 J&J 5s M 1923 gold 1st J&J gu 1957 20 48 g intge 1st 27 M&S 1st con gold 4s 1977 Lehigh & Hudson River RR— Hartford & Conn Western100 99 '07 to Mar op Stamped guar 83 Gen g 55 July 1 1920 guar J&J 1st ext g 43%s July 1 1923.J&J 100 99 1st Os 1930_J&D North Mexican Unguaranteed Hawkinsv & Florida SouthernMich Cent—See NYC&HR 65 Lehigh & Lake Erie—See Lehigh Valley 55 1st M 5s Apr 1952____A&O Middlesex Valley—See Leh Val Lehigh & New EnglandHenderson Br—See Lou & Nash 100 97 Midland of N J—See Erie J&J 1st M g 5s 1945 88 Hocking Valley RyMidland Term 55 1925_ _ _ _J& D 70% Valley Lehigh 683% 1st cons gold 43%s 1999 J&J 80 83 Midland Valley 5s 1943_ _A&O J&D 1st 65 ext g 4s 1948 F&A b 6.62 6% Eq 5s 1920-1923 28 110_ Adj M Apr 1 '53 Ser A_Sept 70% Con M 6s ann reg irred_J&D 112 19 Col & II V Ext 48 1948 A&O 99% B Series 100n 69% Con M 6s R gold 1923 J&D Col & Tol 1st g 4s 1955_F&A 50 96 94 Millen & Southw-5s 1955_ A&O J&D Con M 43%s C 1923 Hollidaysb Bed & Cumb—See P a RR 91 88 MilSh & West—See Chic & N W ann irred_J&D Con M 4 Eloosac Tunnel dr Wilmington75 71)1 Milw & No—See Chic Mil & StP 60 Gen cons gold 4s 2003_ _ M&N 1st M g 55 Sept 1922_ _ _ M&S 813% Milw&Sparta & N W—See Chic a IN " 80)i Gen con g 43%s 2003_ _ _ _ M&N f 6.25 Housatonic—See NYNH&H 67o Min&Pac—See M St P&SSM 78 Feb120-Feb126F&A 4s tr Col 99 Houston Belt & Term 5s'37 J&J 993% 1_09_ Minn & St L—lst 78 1927 J&D M&S Coll tr g 8s 1928 Houston H & W Tex—See Sou P acific 99 uun Pacific Ext 1st (3s 1921_ A&O acific M&N 1920._ 58 & Amb Easton P Houston & Tex Cen—See Sou 74% N _M& 5s 1934_ 1st gold consol Lehigh & Lake ErieHudson & Manhattan38% 38 93 85 1st ref1g gold 4s 1949_ M&S 58 M&S 57 1st 43%s 1957 gu F&A 1st g 55 1957 opt 43 79 72 Ser A_Q-F Feb162 55 Ref&ext 153% Lehigh & N Y 1st 4s145_M&S Adj in cup to 5 oFeb '57 A&O J 15% 44 '25! Des Mol&FtD 1st 4s,'35_J&J 70 55 Lehigh Valley CoalF&A 1st M 43%s 195 conv 70 713 98 Iowa Cent 1st g 5s 1938_J&D 90 70 1st 5s gold guar 1933_ _J&J N Y & Jet 1st g bs 132optF&A 40 41 1st & ref g 45 1951_ __M&S 1st 40-year gu int red to Huntingdon & Broad Top88 85 P Ste Marie St & Sault Minn 90 J&J 4% 1933 1st g 4s Sept 30 1020_ _ A&O n 80 81 1st cons gold 4s 1938_ _ _J&J 80 Lehigh Valley Ry of N Y- 85% 2d mtge 45 gold 1925_ _ _ _ F&A n 70 873% 1st cons gold 5s 1938_ _ __J&J 62 J&J 1st 43%s gold 1940 Cons 5s g Mar 31 1925_ _A&O n 58 62 68 100 963% 2d M gold 4s guar 1949_ _J&J Leh Val 'Term 5s 1941__A&O Huntington & Big Sandy—See Bait tic Ohio 5.75% 95 92 Eqg notes 4%sDec'19'22J&D b6.20 Middlesex Val 1st 5s'42 M&N Hutchinson & S—See A 'T & S F 88 100 95 M S Ste M & Atl 4s'26 J&J 903% 82 Pa&N Y Canal con 5s139 A&O Illinois Central-1st g 48151.J&J 85 90 96 Minn & Pac 1st 4s 193(L J&J 70% Con M 43%s 1939____A&0 J&J 1st gold 330 1951 88 85 ntTermRy— MStP&SSM&Ce 73 A&O 4s 1939 M Cons A&O 3)0'51_ Main L ext 1st g 88 lstChiTersf4s141op'16M&N 60 Lehigh & Wilkes—See Cent N J M&S If 57 1st M £ 3s 1951 Minneapolis Term—See Wis Ce 'It 75 Lex & East—See Louisv & Nash Li A&O ij 72 1st M £ 4s 1951 & M 80 P St M Union—See Minneapolis 67 Litchfield & Mad 1st 55'34M&N J&J 11 6,1 Tr bds £ 33%s 1950 75 Mississippi Cent g bs 1049.J&J 72 Little Miami— 71% Coll trust gold 45 1952_ _A&O & River Terre Miss Bonne 703% 68 67 Gen g guar 45 1982_ ___M&N Col Tr LNO&Tg 45'53 M& N 92 96 A&O 1st s f bs 1931 op 66 Little Rk & Hot Sp West Ry643% Put lines 1st g 33%s 1952_J&J 60 66 Missouri Kansas & 'Texas72 70 1st g 4s 1939 guar_ __ _ _ _J&J Ref g 4s 1955 opt 1918_M&N 59 / 59% 78 65)1 J&D 1st gold 4s 1990 Long Island-Unified g 4s'49M&S Jt lstrefM(IC&CSL& 30h 743% 69 2d gold 4s June 1 1990 F&A f 28 83 Refund g gu 4s 1949_ _ _ _M&S N 0) 55 1983 Set A.... J&D f 28 30 ctfs dep Tr Co Union 92% 91 Y N Tax-exempt J&J 53%s Jan 1934 Gold 32 893% 55 1944M&N 1st Extension 03 6% 5.60% 1st cons g 5s July 1 1931_Q-J Equip tr 430 Feb120-'23 F&A b 37 79% 1st & ref 4s gold 2604.. M&S 1st cons g 4s July 1 1931_Q-J Eq trust 43%s July'20-1 26.J&J b 6% 5.60% 37 75 723% Guaranty Trust ctfs dep_ _ _ 5.60% Gen mort g 45 1938 J&D F&A b Equip 5s Feb 25% 3% 203% 89 Gen Msfg 43%s 1936__J&J 06 80 Ferry 1st 43%s con g 1922M&S Cairo Bridge 4s g 1950 J&D 24 263% 85 65 of dep____ ctfs Tr Co Y N 60 J&D 48 gold 1932 Litch Div 1st g 35 1951 J&J 70 Consol M g 53 1040____A&0 65 Debenture gold 55 1934_J&D Louisv Div 33%s g 1953 J&J 30 ctfM&N Tr '16 Cent notes 6% 67 _ M&N 95% Deb gold 5s 1937 Middle Div reg fis 1921_ _ F&A 6% • 88 Eq g 58 Jne 1920-23_ _J&D 60 Montauk Ext 5s 1945.... J&J Omaha Div 1st 3s g 1951 F&A 25 82 St Louis div g 45 2001A&O 67 65% Brook & Mon 2d 55 1938 J&D St Louis Div 330 g 1951_J&J 85 Boonville RR Bridge62% L I C'y & F con 5s 1937 M&N J&J .St Louis Div 3s g 1951 50 60 85 1st g gu s f 4s 1951_ _ _M& N 74 N Y Bay Ex R 1st 5s g'43JdzJ Spg'field Div Ext 3 As'51.J&J 62 Dal&Waco 1st gu 53'40_M&N f 50 N Y I31klyn & Man Beach 1st 723% Western lines g 48 1951_ _ F&A 48% 92 g1990F&A C Pac lat4s & Kan Adr0 :gold bs 1935 Chicago St Louis & N 0— 36 25 82 gu_A&O Mo Kan & E 58 1942 00 N Y & H B 1st g 55 1927 M&S Con g 5s Juno 15'51.J&D15 Missouri Kansas & Okla— North Shore Branch643% Con g 33%3J'ne15151.J&D15 50 65 92 1'42M&Nf lst g gu 5s May 1st con 55 g Oct 1 1932 Q-J Eq bs.in 1920-Dec 1924 J&D 56.15% 5.75% 50 80 p les tfsmc& c2 uo,4 5srgC t. T T tigs& 0fM UTS mic& 72% Louisiana & Arkansas Ry693% Mew Div 1st 48 g 1951 J&D 55 82 72% M&S 1st s f g 5s 1927 96 - Kankakee & S W 5s 121_ F&A Sherman Shreveport & 5Louisiana Western—See South ern Pac St Louis Alton & Ter Haute— 20 12 f 1943_J&D 55 1st M gu gold 100 Louisv Cin & Lex—See Loulsv& Nashv Bellev&Car 1st (Is '23_J&D 40 S W Coal & Imp 1st 63'29 J&J 74% Louisville Henderson & St L— St L South 1st g 4s 131M&S 39 92 1943_M&S 86 Texas & Okla-5s 70 Ist mort gold 55 1946...... J&J Carb&Shaw 1st g 43'32M&S Mo Okla & Gulf RR:5s 161 M&N Louisville & Jeffersonv Bridge— Ind BI & Wn—See C C C & St L 62 693% Mo Pacific RR (new cony) Guaranteed gold 451945_134(1LS Indiana Ill & Ia—See Chic Ind dr Sou 913% 89 1st & ref 5s Jan 1923----&A tnd & Louisv—See Ch Ind & L 89 88)1 1st & ref 5s July 1928_ _....F&A 85 823% &A 1st Sr ref bs Jan 1965_ _ 56% 563% Gen M 45 Mar l975.. M&S 983% Mo Pac—Cons (3s 1920___M&N i"1111,4 price includes accrued interest. k Last sale. In London. a Nominal. a Sale price. i Assessment paid. 36 GENERAL QUOTATIONS [VOL. NOTIC8.—ail nand prices are "and Interest" except where marked "f" and Income and defauited bonds. 110 Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. I Bid. Ask. Missouri Pacific—(Concluded) N Y Cent & Hud Riv—(Concl) Ohio Connecting—See Pennsylv lanlaltat Eq 5s May'20-Nov'21M&N b 7% 6% Moh & Mal 4s 1991____M&S 75% 80 Ohio I dr W—See C C C & St L Gold 45 Mar 1 1945 opt_ M&S Consol g 3%s 2002_ _ M&S 85% 70 Ohio River—See Bait & Ohio 3d 7s eat to July 1938 at N J June 1st 45 gu '86_ _ _ F&A 69% Old Colony-4s gold 1924_ F&A 4% M&N 60 NY & Har 1st g 3%s 2000 M&N 60 4s Dec 1925 Boonv StL&Sou 58'51 op F&A J&D N ‘gg N Y & Nor lst g 5s '27_ Adc0 95 48 Jan 1938 Cent Br UnPaclst g4s148J&D J&J 75% NY & Put 1st 4s g 1993_A&O 84% 73% 33.s July 1 1932_, Pac of Mo 1st ex g 48'38_F&A J&J 731 Pine Creek gu 6s 1932__J&D 103% 793-i Oregon & California—See SoPac 2d ext 5s gold 1938_ _ _ _J&J 87% Pitts & L Erie 6s 1928_ _ _J&J 103 973 Oregon-Washington RR & Nay St L R E 1st 5s 1938_ _ M&N 90 5s Jan 1 1928 A&O 1st & ref g gu 45 'Cl opt__ J&J Car'deletBr1st4%3138 Adc0 77 a 69 Pitts McK & Y 1st 65 '32 J&J 102% Ore RR & Nay cons 4s146J&D St Louis Iron Mtn & Sou— At 2d Cs guar 1934 783'3 J&J Oregon Short Line—See Unify & Ref'g g 45'29_J&J Un Pac 73 73% R NV &0con 58July'22_ _A&O . _ 101in% OswegodzSyracuse—See D L&W Gen con ry & 1 g 5s'31 A&O 893 R W & 0 cons g 3%s'22_A&O 90% 91--_ - Pacific Coast Co—See Misc Bds GenCon stpd gu g5s131Ad,c0 Utica & B Itiv 48 g 1922_J&J 94% _ _ _ Paducah & IllinoisEq 5sMay'20-Noy'21 M&N b 7% 6% West Trans Co 3%s '23.. F&A 80 1st s f 43s 1955 gu J&J Riv dr Gulf Div 48'33 M&N 67% u 85 West Shore 1st 4s 2361_ _ _J&J 71 -; i2%- Pan American 1st 5s '34 op J&J Pine Bluff di W 5s'23_A&O 90 N Y C & St L 1st g 45'37_A&0 75 7831 Pennsylvania RR Verd Val IdcW lst5s'26M&S 87 Deb 45 May 1 1931_M&N 6731 Con 673j M 4s gold 1943__ M &N $3 Mobile & Birm—See Southern R 85 N Y Connecting RRdo 4s gold 1948_ M&N las i Mobile de 0-1st g 6s 1927_J&D 100% 101 84 1st M 43.s 1953 F&A 77 78 do 46 gold 1948 sterling let eaten 68 July 1927_ __Q-J 97% N Y & Gr'wood Lake—See Erie stamped dollar bonds 30 M&S Gen g 45 1938 85 56 59% N Y & Harlem—See N Y C & Hud R Gednog 44 esi9 g651960____ I,JrA 901 A Eq 5s May '20-Nov '23 M&N b 6.50 91% oq' N Y & Jersey—See Hud & Man '20-Sept'22M 43.s Mar Eq 81% &S b 6.50 69 0 N Y Lack dz West—See Del Lac k & We St Gen g 5sDec 1 1968__flD D 111% Montgom Div g 5s 1947_ F&A $ 89% 76% NY LE &WC RR—See Erie 80 Con M 33,s g £ 1945__J&J 68 St Louis Div 55 1927_ _J&D 82 N Y & L Br—See Cent of N J. Col tr 4s Ph W Se B 1921_J&J St L & C 4s guar 1931_ _ _J&J 97 73% 90 N Y New Haven & Hartford— RE pun mon 1st g 4s'23 M&N Moh'k&Malone—See N Y C&H 95 Deb 6s Jan 15'48 conv_J&J15 70% 72 Gen ft eq 4s May 1920___Q-F b 92 Monongahela Sou 5s 1955 A&O 6.00 5.50% 00 Deb 4s July 1'55 non-convJ&J Gen ft eq 48 Jne'20,122 _Q-M b 5.90 5.50°' 4931 Mont Cent—See St P M & LI Deb 4s 1956 non-conv__M&N 47 48 Gen ft eq 4%s Apr'20,123_Q4 b 5.90 5.504 Morgan's La & Tex—See So Pac Deb 4s 1947 non-cony__ M&S 53 Aleg Val gen 48 _11/lits 112% Morris & Essex—See D L & W Deb 45 Apr 1 1922 A&O 637 BaltChes&At 1st1942_g 5s'34 Acts Mutual Term of Buf 4s'24_J&J 40 90 45 Deb 3%s Mar 1947.. M&S 51 Belvidere Del gu 4s Nashville Chattanooga dr St L1927._ F&A 90 94 Deb 3%s 1954 non-cony A&O 1st g gu 33s 463 _ _Jda 71% 1st consol gold 58 1928_ _ A&O 943 Deb 3%s 1956 conv____J&J 983 45 Cin Leb & Nor 45 1943-1942_M&N Centreville Br g 6s 1923_J&J 100 31 104% Bos& N YA L 1st 4sg'55_F&A 65 Clev&Marietta,43s'35 M&N Jasper Br 1st 6s 1923_ _ _ _J&J 87 8331 104% Cent New Eng 4s 1961__J&J -638 Cleveland & Pittsburgh— Nash Flor & Sheff—See L & N Dutchess Co 43,s '40_J&D 60 SerA43s gen gtd 1942_J&J 373( National Rys of Mexico— 93 Danb & Norwalk 4s 155_J&D SerB43s gen gtd1942 A&O 1173 Pr lien g 4%s s f 1957_ ___J&J 49 Con 5s July 1 1920 _J&J Int red to 33i% 20 Jan 1914 coupon on 49 Gen 55 Apr 1 1925 _A&O Ser C 33s gen gtd '48M&N July 1914 coupon on 40 Hari Riv & Portch 4s'54 M&N 63% Ser D 350 gen gtd '50 F&A Gen M 45 1977 A&O 30 Housatonic con 5s 1937 M&N 80 D Illy RR& B gu g 4s 36 F&A 83% April 1914 coupon on Naugatuck 1st 4s '54 M&N 60 Erie Jr Pittsburgh— 22 6%g notes June 1915_ _ _J&D 35 New Eng cons 4s '45 gu_J&J Cl Gen gu g 33s SerB '40_J&J 70 Nat RR of Mex pig 4%s'26J&J 20 Consol g 5s July 1 '45_ _J&J 80 Series C 1940 70 20 J&J Jan 1914 coupon on NY&NE Bos Ter 4s'39 A&O 80 Gr R & Ind Ext 43.s'41_J&J 77% July 1914 coupon on 20 N Hay & North 4s'56 gu J&D Muskegon Div g 55'26_J&J 70 20 July 1914 coupon off N Y Prov & Bos 4s '42 A&O 8031 Holidaysb Bedford de Cumb 1st cons g 48 1951 A&O 71 N Y Westchester dr Bos Rylet M g 4s 1951 guar_J&J $0 82 April 1914 coupon on 1st M g 430 1946 gu_ _J&J 37 38 Ohio Connect'g 48'43 __M&S 85% ------April 1914 coupon off Prov Sec deb 45 1957 gu M&N 25 30 Pennsylvania CompanyNebraska—See C B & Q Prov & Springf 1st 5s '22_,J&J 66 1st M g 4318 1921 9731 J&J New Eng RR—See NYNII&H 9831 Prov Ter 1st g 4s gu '56_ M&S 67% -Coltr4%sr ne15121J&D 15 New Hay & No—See NYNH&H 97% 97 N Y & Nor—See N Y Central Hud River-. Cu g 48 1931 op 1921..A&O 83 N J Junction—See N Y Central New York Ontario & Western— Gu tr ctfs g 48 1952__M&N 813i New Jer & New York—See Erie Ref 1st g 45 June 1902__M&S 593's 60 Gu tr ctfs g 3%s 1937_M&S 7234 New Lon Nor 1st 4s '40_ _ _ _J&J 70 Gen M g 45 1955 red_ _ _ J&D 66 Gu tr ctfs g 331s 1041_ F&A 71% New Mex Ry&CI—See El Paso & Sout hwest 75 Eq 4%s Mar 120-Mar'28 M&S 66.50 6% Cu tr ctfs g 3315'42J&D 73 45 New On at Nor 1st 55'55..F&A 52 NY Phila & Nor—lst g 4s'39 J&J 75 82 Gu tr ctfs g 331s '44_ _J& D 7231 New Orleans dr North E 6s 1915_ Income 4s Jan 1 1939_ _ _M&N 70 80 Ph Balt & Wash 48'43_M&N $2% Extended at 5% 1940_ _M& N 80 N Y Prov & Bost—See N Y N H & Ha rt Pitts C C dr St L— New Orl's Term 1st 45 '53_ _J&J 64 643 N Y & Putnam—See N Y Cent dc Hud River Con g gu 431sSerA 90 '40A&O New Orleans Texas & MexicoN Y & Rockaway Beach—See L ong Isl and do Ser B 1942__A&O 95 % 913 1st g 6s Oct 1925 Ser A_ _J&D 96 N Y Susq & NV—See Erie do Ser C 1942M&N 883j Non-cum inc 55 Oct'35 Ser A _ f 52 55 N Y Westc & Bos—See N Y N H & H do Ser I 1963__F&A 8731 Newport & Cin Bdge—See Lout ville & Nashv Norf di Caro—See Atl Coast 88 L do 431s Ser J '04 M&N 903 Newp & Rich—See Conn & Pass Norfolk Southerndo 4s Ser D '45__M&N 903 NYB&M Bch—See Long Isl 1st dr ref g 58 161 op '15.._F&A 50% do 4s Ser F 1953J&D 5131 8531 N Y Bay Ext RR—See Long Isl Norf & Sou 1st 5s 1941_ _ M&N 77% 84 do 48 Ser G.1957_M&N 9031 New York Central RR— 62 1st gen g 5s 1954 opt_ _J&J 70 do 45 Ser H 1960_ F&A 34 92 M&N Cony deb 6s 1925 87 92% Hal dz Cape F 1st 5s '43_ MS 70 . -_-do 3315 Ser E '49_F&A 84 Con M 48 1998 Ser AU..F&A 82 673j 68 Ral & Southp con 55'65_J&D 70 CStL&Pitts 1st 5s g'32A&O 98 10031 New York Cent & Hud River— Suffolk & Car con 5s 152.__JdeJ Pitts Va & Char gu 4s143M&N 65% Rerg g 33s July 1 1997_ _J&J 79 6631 Norfolk Ter 1st gu 4s '61_M&N 74 78 Sodus Bay dr Sou g 58'24_J&J fig Deb g 40'34 tax-exempt M&N 78 763 Nod & West gen 68 1931__M&N 103% Sun & Lew 1st g 4s 1936_J&J 82 Deb 45 1942 tax-exemptJ&J Imp & exten 6s 1934 F&A 103 Tol Walh Valley & OhioRef & imp 4%s 2013 op_A&O 77 New River 1st 6s 1932_ _ A&O 773 1st g gu 451s 86 1931 Ser AJ&J 92 6% notes Sept 15 1920_M&S 9934 99 N & W Ry 1st cons 48 75% -76% &O 1st g gu 431s '33 Ser B_J&J 660i 9131 NYC Lines eq 55 '20-122M&N b 6%% 6; 9 Div 1st lien & gen g 4s July 1 1st g gu 48 1942 Ser C_M&S SO NYC Lines eq 438'20-'25 J&J b 0,6% 5.90% 1944 opt Jan 1 1929___J&J 75% 76 Penn & N Y Canal,See Leh V NYC Lines eq 4%s'20-127J&J b 6A7 5.904 Cony g 48 1932 op 1917_J&D 77% Pennsylvania & NorthwesternNYC Lines eq43s'201-28 J&J b 6% 5.90% Cony deb 434s 1938_ _ Gen 58 Jan 1 1930 9731 NYC Lines eq 43.s'20-'32 J&J b o 5.90% Cony 6s Sept 1929 sub rects Clearfield&Jeff 1st 6s'27_J SI a j& Bos & Alb eq 4%8'20-'27 Adc0 b 6.25 5.90% part paid M&S 102% 103 Pensacola & Atl—See Lou & N 59 61 L S Col tr g 3%s 1998_ F&A Full paid M&S Peoria & Eastern—See Clev On Chi99c84& St L 59 M C col tr g 3%s 1998_ _ F&A Cony 6% Sept 1920......M&S 603 Peoria & N W—See Chic & N W 83 Beech Cr—let 45 g gu '36 J&J N & W Pocahontas 45'41 J&D 783.6 7931 Peoria 82% J&J 2d guar g 6s 1936 Eq tr 43s 1920-1924___F&A 6 5.95 5.50% Peo & Ry Term—See Ch R I & rac 91 Pekin Un let 6s '21_Q-F 98 Clf Bit C Co 1st g 45'40J&J 97% Col Con & Ter 1st 5s g'22_J&J -2d mort g 4%s Feb 1 '21 M&N 55 88 Beech Creek Ext 3%5'51 A&O Scioto Val dr N E 1st 43'89 M& N 75% - 77 Pere Marquet te (New Co)— 72% Cart & Adir lst 4s g '81_ _J&D North & South Caro—See Caro Atl & We st 1st g 85 5s July '56 Ser A _ _ _ _J&J % 85% 91 Gouv & Osw 1st 55 g '42 J&D Northeast Penn 5s 1920_ __ A&O 95 100 1st g 4s July '56 Ser BJ&J 69% 70 Lake Shore & Mich South— N'east of S C—See Atl C L of S C Perklomen_ lst5s118ext to'38 Q-J 98 95 68% Con g ref 3%s 1997_ _ _J&D 69% Northern Cal Ry—See So Pac 2d 5s 1918 ext to ..Q-J 08 95 85 M&S Deb g 4s 1928 853 Northern CentralPetersburg—See Atl 1938_Coast Line 82 829/i Gold 45 1931 M&N Con gen M 45.s E 1925_ A&O 96 Phila & Bait Cent 48 1951_M&N 75 85% Clev Short L 4%s'61_A&O Mort bds 58 1926 Ser A_ _J&J ior Phila Bait & Wash—See Pennsy lvania RR 85 K A & Gr R lst 5s'38_ _J&J Mort bonds 65 1926 Ser B J&J 100 Philadelphia & Erie— Kal & W Pig'n g 5s '40 J&J 93 Northern Ohio—See L E & West Gen (now 1st) gu 6s g '20_J&J 903.1 100 Mahon C RR 1st 5s '34__J&J 93% Northern Pacific— Gen g 5s July 1 1920_ ___A&O 99%, 9831 Merchants' Disp Trans Co— Prior lien g 4s Jan 1907_ _Q-J 75 7531 Gen g 4s July 1 1920_ _ _ _A&O nb 98 99% 7.50 Eq trust 4%s 1920-26_ _J&J 6.50% Gen lien g 3s Jan 2047__Q-F 53 5331 Phila Harrisburg & PittsburghMichigan CentralRef & imp 43s 2047 Ser A J&J 76 79 1st mort gld 5s 1925_ ___Adc0 94 80% 55 cou '31 D&BC div M&S St P & D Div g 4s 1996__J&D 70 75 Phila Newt & N Y 35 '42_ _A&0 79 A&O Deb g 49 1929 733-1 Wash Cent 45 Mar 1948_Q-M 803 , 60 66 Phila & Read—See Reading Co 6.12 5.85% Equip 5s Oct '20-'31_ _A&O b C B & Q Coll 4s—See Gt Nor Phila Wilmington & Bait— Equip 6s Mar '20-'32 M&S 6 6.12 5.85% St Paul & Dul 1st 58'31_F&A 01 Debenture 4s 1922 93 M&N 96 83 1st 55 Kal & SIT 1939_M&N let consol g 4s 1968_ __J&D 68% Debenture g 48 1928.. 89 J&J 92 1st mtge M Air L 45'40 J&J 76% Dul Union Dep 55'30..A&O 88 Debenture g 48 1932 _MED 88 4sJol&NInd'5 85 74 7 J&J10 1st g St Paul & N Pac 6s g '23_ F&A 101 Col tr Ws 1921—See Penna RR 70% let g 33s JL&Sag '51 M&S Reg cents 6s 1923 99% Q-F Philippine Railway— M&N 1st g 33s 1952 7331 No Pac Ter Co—lst Cs '33_J&J 106% Istp4s 1937 s f op gu____J&J 45 4331 BayCdcBC1stM g3s'89 J&D 52 North Ry of Cal—See Sou Pac Pine Bi & W—See St. L I, MdcSo Bat C&S 1st gug3s'89 J& D 45 North Pac Coast—See No Shore Pine Creek—See N Y Cent & 11 ul Itiv 76 Det R Tun 4 s'61gu M&N 773j North PennsylvaniaPitts Bessemer & Lake ErieGrand Riv Val 45'59_M&S 67 1st M 4s extended 1936_ M&N 85 P S & L E 1st g 55 1940_A&O 8631 0531 Tol Can Sou & D 48 156 J&J 65 Gen g 3 3-10s 1953 70 J&J 73 Cons 1st g 5s July 1 '43J&J 9331 Northw Term g 55 1926 gu_J&J 15 32 P B dc L E con g 5s 1047J&J 90 Norwich dr Won-4s 1927_ M&S 86 Pitts Char & Youghiogheny— Ogd'bu & L Chain—See Rutland Gen Mort gtd 4s 1932...._ Adc0 80 Pitts Cin Chic & St L—See Penn flit Pitts Cleve & To1=See B & 0 f This price includes accrued insert as h Last sale. 1 In London. a Nominal. a clale price. 8 Tax-exempt FEB., 19201 37 RAILROAD BONDS defaulted bonds. except where marked "f" and Income and NOTICE.—All bond prices are "and Interest" Ask. Bid. Bonds. Ask. Bid. Bonds. Bid. Ask. Bonds. Southern Railway—(Con.)— 70 St Paul Minn & Manit (Cone!) _J&D Aug South g 5s 1924 Pittsburg Junction—See B de 0 99 93 91 Minn Union 1st 6s 1922_ _J&J ETVa&Ga—Div g 58130J&J Pitts& Lake Erie—See N Y Cent & Hud River 90 J&J 1922 89% July 55 88% 1st _M&N C 1956_ Y N g 55 ee 1st Consol Yough—S Pitts McK & 10534 51 473( Mont Can 1st gd 65 '37_J&J 103 Ga Mid 1st g 35 1946__ _A&O 96 Pitts Shaw&N—lst g 5s'49 FAA / 5 94 9934 1st guar gold 53 1937....J&J 2 99 F&A1 Gold 4s Feb 1 1952 93% 9831 Ga Pac 1st g (is 1922_.._J&J D 1938_J& g 55 1st F S & Wil 9731 70 Knoxv & 0 1st g Os 1925_J&J 6% receivers' ctfs 1918_ _ M&S No Pac Pac—See N & P St L&N 4s—See g joint tSo N L & do Shawmu Pittsburgh 8531 97 St Paul Union Depot Co 53% 50 Mob & Birm pr lien 58'45 J&J 98 1st 5 f g 159 1959 opt_ __J&D 66 guar notes Dec15 '23_J&D15 J&J Gen M g 45 1945 Pitts Shen&LE—SeePBess&L E & RRDep Up 56% City 56% Lake Salt Mobile &0coll tr 4s'38 M&S Pittsb Term RR & Coal— 92 87 M& N 102 1938 55 M 9235 1st 90 A&O 27_ tpd J&J nDeb5ss 1942 55 Rich&Da ist g gu s f eSoPac Pass—Se Aran & Ant San Richmond & MecklenburgWestSideBelt 1st g 55137M&S 80 61 San Fr & S Jo Val—See AT&SF 1st g 45 Nov 1 1948_ _M&N Pitts Va & Chas—See Penn RR 95% San Fan Term—See Sou Pacific Top & S Fe Va Mid Series D 4-5E3'21_ M&S Pitts & Western—See B & 0 100 & Ph—See Atch 91 Pres Fe Santa M&S la— 1926 55 E Ashtabu & Series Pittsb Youngst 90 Sault Ste Marie Bridge973 M&S MAN Series F 5s 1931 Consol 15s 1927 80 93 1 1937_J&J July 5s 91g Msfg 1st 85 82% MAN &D 1948—J 1936 15a Gen'l 1st gen 4s Ser A 85g 95 Say Fla&W—See All Coast Line Wash O&W lot gu 48'24 FAA Portland di Ogdensburg50 gu 58'53 J&J g tes—lst Sav&Sta 88 Nashv & M&N Louis guar_ N Ala—See S& 1st M 435s 1928 Schenectady & 1Duanesburg85 101 South Pac Coast—See Southern Pacific Port&RFalls—lstg4s'26M&N_ 99 M&S 1st guar 6s 1924 84 SpartanU&Col—See Ashy&Spar Debenture4s Aug 1927_ _F&A 0 B & S—See E l River 88 Schuylkil 84 Spokane Falls & NorthernPortl (Me) Term gu 4s 'fil_J&J 95 Scioto Val & N E—See Nor & W J&J J&J 1st Os g 1939 58 EsGuar 55 1961 57% Scab Air L-1st g 45 1950_A&O 90 Spokane International5934 Port Reading—lst gu 58'41_Jda 5634 75 Stamped J&J e eBos&M 1955 g 58 1st & 37 Con—Se Ports GR F 3834 65 Adjust M 5s, Oct 1 '49_ F&A 46 State L & Sulliv 434s '29_ _ _J&J Potomac Val—lst gu 5s g'41J&J 92W 45% A&O opt 1959 4s g Ref N & Ohio Balt Chic& Ry—See See Isld Staten 75 Princeton & Northw— 70 1st & con Os 1945 Ser A M&S 6.25 Stepheny N & S Tex—See St L SW Prov Sec Co.—See NYNH&H Eq 435s July'20-July'22J&J15 bb 6.90 Prov & Springf—SeeNYNH&H 6.90 6.25 Stiff & Carolina—See Norf & SO D15 Dec'19J& 5s g July'20Eq Sunbury Hazleton & W BProvidence Term—SeeNYNH& H 95 Eq g 55 Feb'20-Aug'23 F&A15 b 6.90 6.25% 72 MAN 1st 5s May 1 1928 Prov & Worc—lst 4s 1947_A&O 98 Atlanta-Birmingham Divis2d mort inc 6s '38 coup_ MAN Raleigh & Augusta—See Seaboard Air Line 623' 4s May 1 1933__M&S g 1st RR e Penn South. Nor & Lew—Se ee Sunbury eFenr—S 05 Ral&Cap J&J 4s'49 gu g & Om 1st M P Cent Car Superior Short Line—See Ch St Raleigh & Gas—See Seab Air L Florida Cent & PeninsulaTampa & JacksonvilleRal & Southp—See Nor Southin 1923 to ext 5 1918 5s g 1st Ohl 1st M 55 1949 ctf. dept. A&O 101 Raleigh & S %V—See Chesapeak e & J&J 40 30 at 6% 104 Tampa North 1st 55 1936opJ&J Raritan River-1st g 58'39•_J&J 1st 1 g ext 5s gold '30_ _J&J RR Assn (St Louis) Term 85 Ravensw Spenc & Glen—See Ba It ;IC Oh io 80 83% 1943....J&J 82% gold 5s con 1st A&O 1939 434s gold y— 1st Reading Compan 91% 91 80 So Bound 1st g 5s'41_A&O 8534 79% J&J 1st consol gold 55 1944_ _F&A Gang 4s Jan 1 1997 84 8934 72 70% 79% 803j Georgia & Ala 5s Oct'45_J&J 9234 Gen rots f g 4s'53 op '10_J&J 101% Jar Can g 4s '51 op 'OIL _A&O 103% 8__J&D lstg5s'4 erm 80 Ga&AlaT 70 St L Br 1st g 7s 1929_ _A&O 92 Atlantic City gu 45 1951 J&Jn 91 85% 5s g'29_J&J -isi & N—Ist Car Ga A&O 85 T-5s'30 105.Q-M I3dge Mar red 4s StL ctfs tr WAN a 95 100 RaPhdrAug'sta—lst 6s'26 J&J 100 Mar Bdge 6s'29 op'09 FAA 95 Philo,& R-2d Sag 1933..A&O 99 00 g5s'47J&J 86 st'n—lst Ral'h&Ga 85 J 83 O 1925_J& 5s Ind 1947_A& & 45 g Haute Terre ext M Imp 9335 86 Seab&Roanoke— lst5s'26J&J Terre Haute & PeoriaCons ext gold 43 1937_ M&S 82% 88 80 100% Seacoast RR of N J 5s'48_A&O 993 1st con g 56 Sept 1 '42_ _M&S Term 5s g gu May 1 '41 Q-F 90 88 0 80 1920-193 6s Term 102 Seattle 99 Texas Central—ist 58 1923A&O Del R Ter p m g 53'42M&N &S 53'28_M 1st & Mooseh 101% Sebast 99 J Pac So 1042..J& 55 On—See g & New mon Texas p Ex gLewisb' & Sunb'y n 100 Shamoki 95 Texas & Okla—See M. K & T Wilm ,Ic No 1st 55 '27_J&D 90 J&J 84% 84 100 2d 6s g July 1 1925 90 Texas & Pac 1st 5s 2000___J&D f 51 Gen g 5s Aug 1 1932_Q-F & Tex 5235 Sherman Shrev & Sou—See Mo Kan 2d Inc g 5s Dec 2000___ _Mar ' Phila & Read Coal & Iron western South s 81% Shreve Brdg & Ter—See St Lout 85 1st 58 1931___ _J&J Div Lou • Col s f g 4s ext'32 gu F&A Cal of Ry Sierra 71 I Weatherf'd Min W & North Rens & Saratoga—See Del & H 70 1st a f 6s, g, Apr 12'37_A&012 FAA 1st gu g 5s 1930 Mehra & Deny—See Southern Ry Sioux C & Pac—See Chic & N W Mic h Cent Det—See & CanSou Toledo Rich Fredericksb & Potomac 87 95 Sodus Bay & Sou—See Penn RR Toledo & Ohio Central— Cons mtge 435s 1940.... A&O 70 84% 82 Somerset Ry 1st & ref 4s'55_J&J J&J ist 5s g 1935 Rich & Mecklenburg—SeeSoIt 83 8034 Seaboard AL ee Bound—S South Coast Atl See West Div 1st 5s g 1935_ _A&O Peters— Rich & te & S 79% Han Terre Ch —See Sou Indiana J&D g 58 1935 Gen Richmond-Washington Co— 8% 70 Southern Pacific Co— J&J b 8.55 Car tr 4s Ser B 1925 7034 Col tr g gu 48 1943 opt_ _J&D 70 70 '49_J&D 1 68 Aug 4s(CP) tr Coll Grande Kane & Mich 1st 4s 1990 A&O Rio Or Junc—See Deny & Rio 79% 704 96 8734 Cony g 4s Jne l'29op'14_M&S J&J 1927 55 M 2d 103 Rio Grande So—See Den & Rio Grande 6 J&D 10234 6.50 _ Cony g 58 1934 Eq 434s July'20-Jly '22J&J bb 6.50 Rio Grande West—See Deny & Rio Gr ande 5.95 5.50% 6 Eq 435s 1920-Sept 1923M&S bb 5.95 Eq 43s July'20-Jly '24J&J Roch & Pitts—See Buff R & P 5.50% 57 '23_M&S 415s '20-Mar tr Car 85 F&A 75 s Div 4s g 1951.: Mary St Rock Isl-FriscoTerm-58127J&J _J&J '41_ g Aust & Nor 1st 55 Toledo Peoria & WesternRock Isl Ark & La—See C It I & Pee 50 Central PacificJ&J ist g 4s July 1 1917 RockIsl & Peoria—See C It I &P 73 7331 1st refdg 45 g g'd '49..F&A Toledo St L & WesternRome W & Og—See NYC&H 6934 •O 74% 1954..A& 1 Oct g 1st gu4s 73 J&J '25 1 Pr lien g 3%s July 8135 Rutland—Con 435s 1941_ _J&J 80 4434 4634 M 3355 g g'd Aug 1'29..J&D A&O 1st g 4s Apr 1 1950 Benn&Rut 435s g 1927_M&N 34% Galveston Harrisb & SanAn 78 F&A g 4s Ser A 1917 tr Col Ogd&LCh 1st g gu 4s'48..J&J 100 87 19 MAN 58'31_ 1st 60 53 Mex&P Div Union Tr ctf dep Rutl Can 1st g gu 48 '49_J&J 92 89 73 70 2d M 5s 1931 gu____J&J Term 1st435s 1957 gu_M&N Tol Equip tr 435s 1923-27_ _ M&N 6 Northern & Gila Val Globe Sag Tusc & Hur—SeePere Marq 92% 102 Tol Walh Val & 0—SeePennRR 1st g 55 Nov 1 1924_ _M&N Toronto Ham & Buffalo81 Clair Mad & St Louis Belt— 7134 66 Houston East & West Texas- 84% 60 1st g 4s June 1 1946_ __ _J&D Alton Bridge 1st g 48'51..J&J MAN 1033.... 1 May g 5s 1st 95 FAA Boston—See Fitchburg & Troy St Clair Term 1st 55 1932.. 84% _M&N 102 Mar'33 100 1st guar g 5s Troy & W T Bdge 55 1939..J&D St Johns & L Cham-5s'44 M&S 85% 83 67 57% Houston & Texas Central_J&J St. J & Or Isl—lst g 45 9231 Ulster & Del con 55 1928__J&D 92 J&J 85 1st 1 g 5s 1937 82% 85 A&O 1st ref g 48 1952 St Law & Adlron 1st 59'90..J&J 94 9334 _ _ _ A&O 1921_ 4s 85 gold Gen A&O Pacific2d gold Os 1990 Union 91 90 82 g'30M&N 6s 8134 Waco&NWD1v ist Ry & 1 g 43 g 1947_ __J&J St. Louis Al & T H—See Ill Cent 0934 J&J 86% 86 La West 1st (is 1921 J&J Cony 48 1927 St Louis Br—See Term RR Assn 74% 74% Morgan's Louis's & Texas1st & ref 4s June 2008_ _M&S 101 St L & Cairo—See Mobile & 0 9934 99 J&J 10-35 1920 6s g 1st J&J Pac July 1928 6s 10-yr St L Iron Mt&Sou—SeeMo D Nay 1929_J& g 55 & North Cal Ry Ore RR & Nay—See Ore-Was h RR Bt. L Mer Br Co—See Term RR 96 101 NoRy ofCal 55 g gu 1938A&O Oreg Sh Line 1st g 68'22_ FAA 100 St L Peoria & N W—SeeChic & NW 93 933-4 92% 92% & Cal 1st 55 1927_J&J 1st consol 55 g 1946_ J&J St L Rocky Mt & P Ss 1955—See Mee C os.p.45 OregonAr 00 57% 4s '43_J&J 84 gu g 82% Pass & A S &D op'07_J Central Ref g gu4s '29, St L South—See Illinois 72% 7434 A&O 48'50 1st San Fran Term St Louis-San Fr (reorganized) Utah & Northern— 105 A&O 81 1937_ (is Br 56% Pacific So 57 J&J 4%to'33 J&J Pr 1 4s 1950 Ser A • 1st 7s'08ext at 9334 91% 68% 873' Southern Pacific RR Cal- 95 J&J Consol gold 55 1920_ J&J Pr 1 tis 1950 Ser B _M&N 1937_ gu 5s 8534 g con 1st 8435 (Dallas) Co _J&J Prior lien Os 1928 Ser G_ . Union Terminal 1022.. A&O 80 76% -76% 85 603' 1st ref g 48 1955 op '10 J&J 1st g 55 1942 op Cum adj Os July 1955. A&0 60 90% 42 So Pac Coast 1st g4s '37_J&J N J RR & Canal Co— Income mtge 6s July 19000ct 41% United 97 0— N 9434 .Texas & General gold 4s 1923___F&A St Louis & San Francisco— 83 94 92 Consol gold 5s 1943......J&J J&J 100 General gold 45 1929___M&S Gen mtge g 6s 1931 75 A 48130_F& g 1st 8134 Div 92% Dallas General gold 4s 1944___M&S Gen mtge gold 5s 1931_J&J 78 60 Railway 73 Southern M&S J&J '51 1 Mar 1906 334s g Con M 48 July 84% 8431 Gen 1st 80 1st consol gold 5s 1904.. J&J Birm Belt 1st g gu 48122_A&O 58 Upper Coos—See Maine Central aciflo 57% 43'56 A&O g M gen & 80 Develop P O Union 55 n—See 1947_A& g Div Sou West 9434 Utah & Norther 93% M&S _ 6% notes 1922 411 Louis Southwestern6% Utica & BI R—See NYC&H Hud Eqtrg430 Feb'20-Feb'21 F&A b 6.37 62% 03,1 MAN 1st g 4s 1989 certfs 6% Utica Clint & Bing—See Del & b 6.37 0A&O 20-Apr'2 62 435sApr' _ Eqtrg 2d g Inc 4s Nov '89 cert_J&J Vandalia RR94 80% S 1938_M& 5s 78% lien reor 50% Tenn E 51 F&A _J&D 1932___ 1st consol g 45 Con g 45 1955 Ser 82 8134 913( 57% 1st Mem div g 5s 1996_ _ _J&J 5734 MAN 1st term & unif 58 1952_J&J Ser 13 1957 64 J&J 1951 4s g Ist Div Louis 7% b St RR FAA _ 3_ Pacific D Ser & 1920-102 55 Eq Vera Cruz 50 &J 1998__J 4s g 1st Br 15 Aiken J&J Eq 15s Ser B 1020-1924.._A&0 b 7% 1st g 434s 1934 opt 68 Atlanta & Charlotte Air Line 63 Cent Ark & Ea 1st 50140opJ&J 78% • 80 Verdig Val Ind & W—See Mo Pa 1st M 434s 1944 ser A_J&J 77 80 '40_A&O 435s 1st Val Grays Pt Term g Ss '47_J&D Vermont 87% 9131 1st M 5s 1944 ser BJ&J 75 65 Shrev Bdg&Ter 53'85 guF&A 67 Vicksburg & Meridian—See Ala & Vicki; '48_J&J 4s 1st & Danville Atl 65 60 118tephenvN&STex5s1400p.J&J 573-4 Vicks Shreve & Pac— J&J 91 2d g 43 1948 85 P 1 6s'15 ext 5%'40__M&N St Paul Bridge & Terminal Ry_ _ 61 101 Atl & Yad 1st gu g 48149_A&O 99 75 J&J 1st M 68 1929 Gen 58 May 1 1941M&N Pac Ry Nor So See —See Duluth— lit Paul & Virginia Midland 86 82% J&J Va & Southw 58 2003 Et Paul East Or Trunk—See Chic & N W Pac 62 60 A&O 1st con g 55 1958 St. Paul & K C Short L—See Ch R I & '4t Paul Minn & ManitobaVirginian Ry84 90 82% 85% M&N J&J 1st cons g 4s 1933 1st M g 55 1962 opt J&J 105% 1st consol g 6s 1933 91 90% '33..J&J g 435s 1st con red to 81% Montana ext 1st 40137__J&D 86 Pacific Ext 1st 49 1940J&J Eastern Ry of Minnesota— 80 75% 0 1948..A& 4s g Nor dly 1st 40 AD • .6 !twits. 4 On basis of 25 to the I. Thin prleo Includes accrued Int. k ',rot mile In London. . 38 RAILROAD STOCKS Bonds and Stocks. Wabash—lit gold Si 1939 M&N 89 2d gold Si 1939 F&A 80 Dab mort Os ser B 1939__J&J Equip g Si Mar 1 1921_M&S 98% lit lien term g 4s 1954.. _ _J&J 4% gold notes May'20_M&N 92 Det & Chi ext lit g 55 '41 J&J 88% Des M div lit g 4s 1939_J&J Tol dz Chic 45 g 1941_ ___M&S Omaha Div let 334e g'41A&O Warren RR—See D L & W Wash dr Colum Riv-4s '35 J&J Washington Cent—See Nor Pac Wash Co Ry—See Maine Cent Wash 0 & W—See Southern Ry Wash Term Co.-3%s 1945.P&A 70 let g 48 1945 guar 78 F&A Weatherford Min Wells & N—Se e Tex & West Jersey & Sea Shore— Consol g 45 1936_ 83 J&J Cons 34s g Ser B 1930J&J 77 West Maryland-4s 1952_ _A&0 50 5% gold notes 1915 op_ _J&J Bait & Harris g Si '36_ _ M&N lit M West Extg fis'38Mdc N Coal dz Ir Ry Si g 1920_ _ Fdr A Wed N Y & Penn Si 1937_ Adz.) Gen mort gold 4s 1943__A&O 63 Income g Se Apr 1943_ _Nov J 25 Western Pacific RR Corp- 1 1st M fie Mar 1 1946___M&S 81 Western Pa—lit g 4s 1928_J 90 West Ry of Ala-4%s 1918 &D Ext at 6% to Oct 1 1928_A 97 Western Transit—See N Y C&O West Shore—See N YC& H RR Co R West Side Belt—See Pitts West Va & Pitts—See B &Term 0 Wheeling & Lake Erie RE— M cousol g 4s 1949_ 52% M&S Ref M 4%,Ser A, 1966. M&S 50% L Erie Div lit g Si 1926A&() 90 Wheeling Div lit g Si '28 J&J 92 Exten & imp: g 5s 1930F&A 81% Wheeling Term-4s 1940.. F&A 72 Wichita Falls & Northwestern— lit Si Jan 1939 60 lit & ref g Si 1940 op_ J&J 31 Wichita Union Term Ry- J&J 1st g gu 4%s '41 opt_ M&N C 77 & East—See NYS&W Williamsport dr N Branch RR— lit ref g 4%s 1931J&J J 10 W illmardrl8Falls—SeeSt M& M Wil & Nor—See Phila dePRead's Wil dr Weldon—See Atl Coast Winston-Salem Southbound-L 11, 1 guar 4s 1960 663 J&J Wise Cent Ry—let m g 40'49 J&J 67% Marshfield & South East Div pur mon 1st g 48 1951_ M&N 60 Sup dr Dui Div 4s 1936_ _M&N 63% Minneap Term 3%s'50op J&J - . Macon Val—See C M dr St P WorNash&Roch— 4s Jan'30 J&J 80 as Oct 1 1934 74 A&0 Yosemite Val s f g Si 1936_J 30 &J RAILROAD STOCKS. Ask. Stocks. Par. Bid Ask Stocks ' Bid. Ash — 89% Chicago & North Western..100 84n 86 Mississippi Central 13 100 84 18 Preferred 100 116 120 Missouri Kansas & Texas_ 100 8n Chic R I & Pac corn temp cas 9 26% 26% Preferred 13 100 13n 7% pref temp etre 69% 70 Missouri Pac Ry trust ctfe 100 25% 70n 6% pref temp ctfe.. 25%, 59% 60 Preferred trust certits 100 403-5 41%; Chicago St Paul Minn & 0_100 60 62 Mobile & Birm pref (guar).. 45 55 Preferred 100 90 100 Mobile & Ohio—See South%_ 100 Ry 75y Chic Terre Haute & S E 100 Morris & Essex (guar) 76 50 d 70% 70 Cin Indianapolis & Western _100 Nashua & Lowell 130 130 140 65 Preferred 100 Nash Chat & St Louis 101 113 Cinc New On & Tex Pac____100 240 Nashv & Decatur (gu L & N)100 25 d 35 38 Preferred 100 85 75 National Rye of Mex 1st pref100 9 18 Cincinnati Northern 100 36 Second preferred 100 5% 6 On Sandusky & Cleve pref_ 50 d 50 60 New Ori Tex & Mos•t c 41 42% Clev Cin Chicago & St L 45 100 -18 NY Blyn & Man B pref(gu)_ 100 90 72 100 Preferred 100 633 80 New York Central RR 69% 100 70 Cle• & Pitts (Guar Pa RR)_ 50 d 80 Dividend payable in London ldx88 90 Pac Betterm't stk (Gu Pa RR) 50 d 34 38 25 New atYorkChic & St Loule-100 27 29 Colorado & Southern 58 100 70 1st preferred 55 r 2d preferred 43% 100 48 2d preferred 42 100 48 New York & Harlem (guar).. 50 d 90 110 50% Columbus dr Xenia (Guar) 72 50 79 N Y Lack & West (guar)_ _100 85 92 Concord & Ports (guar)_ _ 100 105 New York New Hay & Hart..100 27% 27% Conn & Passumpsic Pf(gu) 100 62 N Y Ontario de Western.....100 17 18 Cripple Creek Central 100 4 8 Norfolk Southern Preferred 10 100 15 Norfolk rf &Western Ry 9:0.f, 96 93 Cuba RR preferred 100 Adjust preferred 67 71 10 100) (00 65% Dayton & Mich corn (guar). 33 No Carolina (guar So RR)_100 135 50 d 25 145 Pref (guar C H dr D) 75 50 d 65 Northern Central(gu Pa RR) 50 69 Delaware & Bound Br (gu) 100 140 160 North'n N H (guar B & M)_100 823 Delaware & Hudson 83 85 93 100 95 Northern Pacific Ry 100 z 78% 78% Delaware Lack & West 50 cl 167% 172% Nor RR of NJ (gu Erie)........100 51 64 Delaware_ 38 Northern Securities Co stubs__ d 75 215 d 34 80 Denver & Rio Grande 7 100 8 North Pennsylv (gu P dr R).. _ 50 d 75 80 Preferred 123 100 13%, Norwich & Wore pref (guar)100 s 75 Des Moines & Fort Dodge.. 100 1 2 Ogden Mine RR(gu CenNJ) 100 70 90 Preferred_ 15 25 Old Colony (gu NYNH&H)_100 100 77 80 Detroit Hills & S W (guar) 100 60 70 Ontario de Quebec 100 Ic1108 113 Detroit & Mackinac 100 85 Oswego & Syra (gu DL&W)_ 50 d 70 54% 80 Preferred 100 75 Coast Pac Co—Se e Misc stocks 53 Detroit Toledo & Ironton.. 100 Pennsylvania Railroad 50 d 42% 92 42% Preferred 100 Peoria & Bureau Val (guar)..100 100 95 110 Duluth South Shore & Atl 100 3% 4 Peoria & Eastern 12 100 14 Preferred 6 100 9 Pere Marquette temp•tc 29% 100 30 East Penne (guar P & R)...._ 50 50 52 Pref temp yot tr etre 47 100 50 Elmira & W'msport (guar)._ 50 36 40 Prior pref temp•to 65 100 70 66%. Pref (guar Nor Cent) 57 50 60 Phila Germ & Norris (guar)_ 50 s115 36 Erie—Common 12U 100 13 Phila & Trent (gu Pa RR)....100• 185 200 let pref 20 100 20% Pittsburgh Bess dr Lake Erie 50 d 22 82 27 2nd pref. 14 100 14j/ 2 Preferred 50 d 48 50 Erie & Kalamazoo (guar) 70 50 80 Pittsb Cin Chic tic St Louis...100 45 55 Erie & Pitts (guar Pa RIO 55 50 Patel) Ft W &Chic prof(gu)_100 122% 131 Fonda Johns & Glov corn...100 - - -Common (guar Pa RR)-100 110 120 Ft Dodge Des M & Sou pref_ 100 88 93 Pittsburgh & Lake Erie____ 50 d 120 130 Ft Wayne & Jack—pref (gu) 100 85 95 Pittsb McK de Yough (guar) 50 d 50 60 Geor RR & Bank Co (guar) 100 227 231 Pittsb &West Va corn 28 100 28% Georgia Southern & Florida_100 12 Preferred 78 100 76% 79: let preferred 65 100 Pitts Youngst & Asht pref_.100 120 68% 127 2nd preferred 40 100 Prov & Worcester (guar) 100 k 114 Grand Rapids & Indiana.._.A00 16 20 Providence Warren & B___100 Grand River Valley (guar.. 100 125 Railroa d Securities Co70 Great Northern Ry—Pref...100 77% -78% 4% III Cent Stock cite 1952_ _ 49 51 Ore certificates 38% 383 % Reading Co 50 d 74% 75% Green Bay dr Western 100 lot preferre d d 34 50 34%: Deb ctfe A & B—See under bo nds 2d preferred 50 d 34% 35 Gulf Mobile & North corn _100 , 8% Rensselaer de Saratoga (guar)100 102 117 Preferred 30 100 32% Rich Fred dr Pot—Common..100 220 250 Harrisburg Ports Mt J & Lan 50 d 92 Dividend obligations 100 205 210 Hartford & Conn Western...100 20 6% guaranteed 100 240 Hocking Valley—Common..100 7% guarant eed 100 240 Hudson Companies—Pref 100 Rich & P & R F &C Conn_ 70 Hudson & Manhattan 100 1 Rio Grande Southern Preferred 2 100 4 Roch &Genesee Val RR__ _1 1()(0 0 ) 95 125 Huntingd & Broad Top•t c 50 d Rome & Clinton (gu D & H)100 45 75 95 Preferred•t c 50 d Rutland preferred 52 Illinois Central 17 100 18 100 90 St Joseph dc Grand Island.. 100 89 Leased lines (guar) 54 100 59 lot preferred 160 100 Stk tr ctfe—See RR Secure Co 2d preferred 100 100 Int & Grt Nor Hold Corp....100 8 St Louis Bridge lit pref..__.100 -I 12% Internet Rye(Cent Am)com100 87 96 9 id 7 2d preferred 42 25 100 47 Preferred Id 4:! ! 47 St Louis-San Fr stk tr ctfs_100 19 83 Iowa Central 19% 8 Pref stock tr ctfs Ser A 25 26% 100 79% Jackson Lane & Sag (guar)_ _100 87% St Louis Southwestern 12% 13% Joliet & Chic (guar C dr A) 100 110 95 Preferred 24 10 25( 155 001 Kal Allegan & Or Rap (gu)_ _100 110 Saratoga dr Schenectady (gu)10 90 90 0 110 K C Ft Scott dc Memphis Ry— Seaboard Air Line corn 7% 100 7% Pref Cent Tr ctf dep stpd_100 50 58 Preferred 14 10(1 89% K C St L& Chic—Pref (gu)_100 15 70 85 Sharon (I 34 76 40 Kansas City Southern 100 16 Southern Pacific Co 15% 111 my" 100% 90 Preferred 45 100 48 Southern Ry common 213 100 31% Keokuk dr Des Moines 22 100 4% 3% Preferred 100 54% 44% 55 Preferred 30 Mob & Ohio stock In ctfs 45 31 55 Lackawanna RR of N J 74 Southwest'n of Ga (guar).....100 88 125% Lake Erie & Western 93 10 100 10% Texas & Pacific 100 363. 36% Preferred 100 15% 17% Toledo St L & Western loo 33- Lehigh & New York nref 12 100 Empire Tr Co ctf dep _ 11 44 Lehigh Valley 12 50 d 43 "i5x; Pr Preferred 44 15 25 Preferred 50 d Empire Tr Co ctf dep 73 Little Miami orig guar 20 25 50 d 74 80 .Troy dc Gr'bush (gu N Y C)15 °0• 60 62 70 Spec guar betterment stk 50 d 34 38 Tunnel RR of St L 100 93 Lit Schuyl Nay RR&Coal(gu)5 95 85 0 d 40 42 Union Pacific—Common_ 100 122n 123 Long Island RR 50 d Preferred 100 102 Louis dr Mo Rh! pref (guar)..100 67 67n 85 100 United N J RR dc Canal (gu)100 183 50 Louley Hend & St L corn......100 189 4 8 Utica Chen dr Susq Val (gu)..100 105 112 Preferred 18 100 24 Utica Clinton & Binghamton100 70 Louisville & Nashville 50 60 100 1053. 108 Valley RR (N Y)(guar)._ _100 50 Mahoning Coal RR 85 95 50 d 325 400 Vermon t & Mass (guar)._ _ _100 30 87 85 Pref (guar L S & M 5) 50 d 41 49 Virginia n Ry 100 50 Maine Central 68 100 64 Wabash Ry 100 128 s sx Preferred 100 Pref A 100 23 22% 68 Manchester dc Lawrence .._100 k 99 Pref B 100 14X Maryland & Penneylvania__100 1535 Ware Riv RR (gu B & A).. 100 105 Massawippi Valley (guar)_ _100 k 72 Warren N J (guar D L & W) 50 d 55 64 42 Michigan Central 82 100 West Meryl Ry new corn...... 100 10% 10% 42 Mine Hill & Schuyl Hay (gu) 50 d 50 51 let pref 29 100 22 50 Minneap & St Louis new......100 13 13% 2nd pref .100 18 210 17 Minneapolis St P & S S M 100 71373 Western Pacific RR Corp....100 24% 231 55% Preferred 100 91 96 Preferred 60 100 10 5'7 4% Leased Line Cite_.._. 100 51 59 West Jersey & Bea Sh—Corn 50 4 ___ 3 38 15 Wheel & Lake Erie Ry 11% 100 12 Preferred 18 100 19 8% Wisconsin Central 100 26 32 23% Wrightsv ille Termill & e, d corn 12 25 5 7 Par Ala Great Southern corn__ __ 50 d 42 Preferred 50 d 50 Alabama & Vicksburg 100 Albany &Susquehanna(gu) 100 Allegheny & West (guar). _l00 90 Ann Arbor common 113. 100 Preferred 24 100 Atch Top & Santa Fe 82% 100 Preferred 78% 100 Atlanta Birm & Atlanttc 100 Allan & Char Air L (guar) 100 145 Atlanta & West Point 125 Atlantic Coast L Co of Ct 100 50 Atlantic Coast L RR com 100 89 Atlantic let leased lines rent tr_ 73 Augusta & Say (guar) 85 100 Bait &Ohio—Common 31% 100 Preferred 44 100 Beech Cr (guar N Y C) 25 50 Bost & Alb (guar N Y C _l00 124 Bost & Lowell (guar B & M)_100 Boston &Maine 100 33 Preferred 100 40 1st pref A 100 42 1st pref B 100 71 1st pref C 100 61 1st pref D 100 Bost & Prov (guar Old Col)_ 100 132 Boston Rev Beach & Lynn.._ 100 98 Buffalo Roch & Pittsburgh.._100 45% Preferred 100 Buff & Susq RR Corp corn..100 60 Preferred 49 Camden &Burl Co (guar) 100 25 d 25 Canada Southern 100 41% Canadian Pulite 100 127% Preferred 100 Id 65 CaroClinchfield & Ohio com.100 Preferred Catawissa RR-1st pf (guar)100 SO d 37 Id pref (guar P & R) 50 d 39 Cayuga & Bugg (gu D L & W)30 d 40 Central of New Jersey 100 170 Chesapeake & Ohio 100 55 Chicago & Alton RR 100 7 Preferred 100 9 Chic Burl & Quincy 100 Chic Gt West corn 100 8% Preferred 100 23 Chic&East Ill—corn ctf dep_100 4 Pref Equit Tr cif dep 5 Chic Ind dc Loulev corn 100 Preferred 100 Chicago Milw & St Paul____100 37 37% Preened 100 52% 52U 182 g8 1,9, 8 188 g' toBasis. d Price per share, not per cent. f Flat price. k Last sale. I In London. n Nominal. s Sale price. I New stock. z [VOL. 110 Ex-rights. 39 PUBLIC UTILITIES together under the general designation of "Public, In the following rearrangement of our quotation lists we itbring for the reader to find any particular issue in easier thinking , Utilities," all the different forms of such securities and there is doubt as to what head to look heads separate under d general list than when the securities are subdivide Railways, Gas, Electric, Power, Water Electric and Street include we " under. In other words, under "Public Utilities, and Telegraph and Telephone Companies. as in quoting the bonds of steam railroads. The great In quoting Public Utility bonds, we employ the same method ng mark whatever where that is the case. On the designati no use we majority of issues being quoted "and interest," rule; in such cases the interest forms part of the this from deviation a is there other hand, we prefix the letter "f" where understand that the accrued interest is to be will buyer the , quotation a price. Unless, therefore, "f" appears against in which cases the price takes account default, in bonds and bonds income added on. This, however, does not apply to . employed is mark ng designati no and d) of the interest (should any payment be announce "f" and income and defaulted bonds. NoriCii.—All bond prices are "and interest' except wriere marked Bonds. Bid. Ade, Bid. Bonds. Ask. Bonds. B(d. Ask. ••••••••• Cnicago Elevated RyeBost Eley—West End St. (Cone I) Adirondack Elec Power Corp— 5% notes 1916 ext 1919 _J&J J&J 4%s July 11930 86 82 _M&S lit M gold 5s 1902 opt__ _J&J Chic June RR 48 1945 _FAA 1932.___ 1 tug 45 Alabama Power— North Shore & Milw RR60 Chic Bost&Worc St Ry 4%s '23 F&A n 50 85 82 78 73 J&J lit M 5s 1946 opt 1921_ _ M&S 1936 58 g M 1st Power & Lt Tr Brazilian 8% gold notes 1922._ ._J&J 97% Chicago & Oak Park Elec Ry— 22_M&N n 96 . notesNov1 gold ()% 100 97 _Jda 851932 181 Water Alabama Lake St El let 58 1928 gu_J&J 82 80 Bridgeport Gas Lt 48 1952 _J&J J&J Deb 7s 1924 Chicago Railways Co. Bridgeton & MillyTr 58'30_Jda 71 65 FAA Albany Ry—See United Tract'n in g 5s 1927 opt 1st 72 76 J&J 1939 Si E 0 dr Bristol 48% Albany Sou RR let 5s '39_ M&S Con M 56 Ser A Feb '27_Ade0 NY Rys RR—See Ave Bway&7th Su 38 L St 30 East St Tr—See D & Alton Gran Series B Feb 1927__J& Sway Surface RR—See N Y Rys Altoona & Logan Val Elec Ry— 70 Series C Feb 1927___F&A 60 aft'20_J&J op '80 5s G&E 60 Bronx 30-50 15 25 gu_F&A 1933 4%s (Jon g Fur mon 4-5s Feb '27 op-J&J Bklyn Boro Gas 5s 1945 op J&D 20 18 American Cities Co— Adj inc 4s Feb 1927 op ,.May _ Bklyn City & New RR—See C I & Bk RR37 48% Coil trust g 5-84 1919 opt_JAJ Sou Bend & Nor Ind RR— Chic 0x3 3456 2 fff jsdtOjj A&O 5 Tran-5814 49 Rap Brooklyn 40 48%, f 30 Ctfs of deposit 1937____ 1 Jan 5s let 29 g let ref gold 4s 2002. 93 93% American Gas-457A Chicago Telep 5s'23 op'13.J&D 3-yr 7% notes 1921 100 99 Cony coil tr g Ss 1920_ _ _ J&D 44% Chris & 10th Sts RR—See N Y Rye 98 Cent Un Tr temp ctfs dep_ f 42 96 Coke & Light Non-cony coil tr g Si '20_ J&D Gas 41%, Cicero Gas—See Northwest 1 39 85 Temp ctfs dep stpd 80 _J&J Deb (is 2016 _ 77 Cm n D A T Trac gold 5s '22_Jden 69 82 Fiklyn City-1st 5s 1941 _JAJ 80% am Gas & Elec coll 5s 2007.P& A South Ohio Trac 5s'20_ _ MAN 50 23 f A&O 1941_ 5s 1s1 Hgts Liklyn 983 97 8% gold notes 1921___ _J&D Cin & H Os g Apr 1 1918J&J Brooklyn Queens Co A Sub93 am Pow & LI 6% notes'21.F&A 50 Cincinnati Gas A ElectricM g 58 1941 opt'16 Ski I 35 76 90 74 84% WAS Deb g 8s 2016 35 & ref 5s 1958 Ser A_ _ Ade° 1st 20 ist con gu 5s July '41. WAN 1 American Public Service— 67 Cincinnati Gas Transportation62 91 Bklyn Un Elev 5s 1950 _FAA 83 100 J&D 99 lit lien 6s 1942_ ___ '13_J&J op guar 1933 5s 64% lit 83 Stamped guaranteed -------100 78 99 Amer Pub UM Coll Os '36_ A&O 60 Double guarantee__ -__ _ Kings Co El 1st 45 1949_ F&A 92 89 American Railways— 57 Cin New & Coy Ry 58 1922_J&J 80 Stamped guaranteed _ _ _ 75 80 J&J Coll trust cony g Si 1931_ F&A 00 2d g 5s July 1922 _ Nassau Elec—lst Si '44.A.A0 f -88-98 American TelephTeleg Co— 1932__J&J g (is Chi & 28 Coy So 28 f 78 let g 45 Jan 1 1951 _ _J&J 77Vi J&J Coll tr g 4s 1929._ 65 Cities Service Co— Atlantic Av con 5s g '31-AA() f 60 69% 162 Cony g 4s '36 cony af'09.M&S eb 7s 1986 Ser 13_J&J 158 Cosnevrigesdc 85 Bkln Bath&WE 50'33 Ade0 t 40 84 105 103 Cony4%s'33op aft 1925-M&S 76 73 g'45M&N con5s slst 82 81% ElklynUnGa J&D Coll tr 55 1946 lis)— (Indianapo Gas Citizens' 99 Brownsville Aye—See Phil& Co 98' F&A 87 84 Cony 65 Aug 1925 JAJ let & ref g 58 1942 963 Buffalo City Gas g 5s 1947_ A&O / 90 65'4 69' notes Feb 1 1924_ _ _ F&A 96% Citizens L,.1K&P(Johnstown,Pa) 90% Buff (len Elec let Si 1939_ FAA 90% 88 84 N _Mdt 1914_ 69 notes Oct 1 1922 _A&O 1st g 55 1934 opt 89 88 let ref 58 April 1 1939_ _M.! 57 55 Amer W W & El 5s 1934_ _ A&O 102 Citizens' Ry & Lt—See Muscati no Lt & Tree Deb 8s 1923 ---------FAA Ter de Tr &nacos & Pot River RR—See W ash if & El Ind 10 Citizens St Ry—See 70% Buff dc Lack Tr let 58'2Rop J&D 67% Appalachian Pow 55 1941_J&D Citizens' Tract—See Phila. Co. Buffalo de Lake Erie Traction — 35 84% Ardmore St Ry—See Phila Co City Elec San Fran fis 1937_J&J ' / f \CAN s op g 58 ref '38 & 1st 70 65 Ry Arizona Pow 6s '33 op '13_51deN City & Sub Ry—See Port (Ore) alt) Hamburg Ry 4s 1928. _MA N (B El Arkansas Light & Power— A Ry Un City & Sub—See Buff & Meg Falls El L & Pow85 82 A&O lit M s f Os 1945 _ 98% City A Sub Ry—See Wash Ry & El 93% 1st g 55 1942______ _ _FAA 90 87 Arkansas Valley Ry Lt & Pow 77 , El Ill let Si '39 op'24_Adc0 ' Cie 72 _J&J 1955_ L fis U (Vt) Burl'ton 99 97 J&D 7% notes 1920 Clay Painesv A Astitab ElecBurlington (la) Ry A Lightasheville (N 0) Pow & Light-_J&J 1922.. 1 1st gold fis July 75 70 1st s f gold 50 1932 opt. _ WAS 1st I f g Si 1942 opt__ A&O 92% Clew Pains A East Con 5s'18— 89 Butte El&P Islet 5s'20-'51 J&D inland (Who)L Pow &St fly — Ext at 7% to 1923_ _A&O Generating California Electric 82 74 J&J Si 1939 Iii M gold Cloy Ry let Ss 1931 opt__ WAS 80 1st s f g 58'48 opt aft'12M&S Atchison Ry, Light & Power— Cleve Southwest & Colum Ry80 California Gas & Elec Corp— 70 MAN lit Si Nov 1935 94 91 1st gen con 5s 1927 opt_ _ Ade() Sink fund g tis 1933 opt_M&S Athens (Ga) Ry & ElectricClev&SW let 58'23op'13.PAA 87% 87% 75 Unif&ref g 58 '37 op s f _WAN 60 1st & ref if g fis '50 op'15 J.A.1 BerEly&Ober5s g '19_ WAS 94% Cl 91 Cal Cent Gas de El fis'31_F&A .45 Atlanta Cons St RR-See Ga R y & P: Clay Ely & W 5s 1920 __FAA vi 80 Cal Pac Ry—See Pacific Elec R 93% 87 Atlanta Gas Lt 5s g 1947_ _J&D LAP let 58'48op FAA CoastCos RyCalumet & South Chicago 83 80 Atlanta Nor Ry—See Ga Ry de El 1953WAN 5s wer-lst 05 ColoradoPo 58 1st M rehab g 58'27op'12P&A 89 87% Atlantic Ave RR—See Bklyn R ap Ti 1st Si Camden & Sub Ry—See Public Service Corp Columbia G A E 87% 82 Atlantic City (N Stamped Canadian L & P 5s'49 op'14 Jda a 50 83 g Si Jan 1 '80 opt' 20_ J&J 79 J&J Deb. 5s 1927 Canal & Claib RR—See N 0 Ry & L . All City de Sh RR-5s '45_ J&D 85 Columbia (S C) Ry Gas dr El Co — 80 AS '22M 58 g let Canton-Akron MAN _ '45_ fis let El Allan Coast let Msf g Se 1938_ _ _ _J&J 90 86 Canton Mass let g 58'20.MAN Auburn & Syracuse Elec RR— Col Buckeye L A New—See Col Newark &Zanes 85 80 Can-N Phila g 5823opt _ Pde A 72 lit de ref g 53 '42 opt '12_ A&O Dela & Marion Elec Columbus ---'12M&N op Canton (0) El 5E1'37 80 75 Augusta-Aiken Ry & El Corp— Co 1st & ref 5s, June 1937 _ _ Capital Trac (Wash, D C) 85 Sink fd g Si Dec 1 '35 opt.J&D 79 El Co 55 '33A&O (Ga) Columbus , 93 ,933 &D 1 1st g 5s June 1947____J 77 85 Augusta Ry & El 55 '40_J&D g'32J&J 5s let 0)Gas 80 Columbus( 70 Carbondale Ry 5s Nov '33_J&J Aurora Elgin & Chicago RR— Columbus(0)Interurban Ter Co. 35 Carolina Power & Light— lit de ref g 5s 1940 opt_ _ _J&J f 20 80 5s 1935 guar 1st 87 let Mg Si 1938 A EdeC Re Mg 50'41 A&015 & East d Col70 InD j& 83 R 1(St Li Col Loud Springf Ry—See A A nited F'r Gr'ds Ry—SeeU Cass Av 95 88 Austin (Tex) Gas Lt (Ss '31_ Q&J ZauesvA Newark Columbus Central Ark Ry & Lt CorpSalt & Ann 8 L—See Md El Ry Md F 1st gold 5s 1924 80 75 M&S let 1 5 f 5s 1928 87 85 .9 20 Balt Elec lug Si '47 guJ&D Gen & ref gold 5s 1926_ M&S Traction— California Central El Rya& Un hes—See BaltSpP&C Tn., New A Lake Buck Col A&O _ _ opt_ 1938, g let s f 58, Bait 'Fraction—See On Ry A El MAN 1921 58 gold 1st Cent Crosst RR—See N Y Rys Bangor(Me)Po 4-4 %-59'31 MdrS Zanesville Ry, Lt de Power Central District TelephoneBangor Ry & Electric— 97 55 1912 ext to Mar'24_ Ade° 96 let e f g 5s 1943 op '18_ _JdeD 85 75 lit cons g 5s 1935 opt__ J&J & 9th Av RR—See N Y Rys Colum Rye de Pow L Ga Ga Pow—See 98 Cent 87 83 Bay Counties Pow Si '30_ _ M&S (Ga) Pow tis'38_ Ade° Columbus Central Hudson Gas & Elec65 BeayerValTrac len g 58153M&N 90 Columbus Ry,Pow & Light— 85 J& D 1st A ref 5s 1941 93 75 60 BeliTelp Canada Deb 5s'25Ade0 0 A& _ 1940 58 f s ext A ref let 85 73 CentralIllsLightlst5s 1943 Ade0 65 60 Berkshire Stint g Si 1922_ _J&D Col Ry 1st 4s '39 opt '14_Q-J 88 Central Illinois Public Service— 82 70 60 Binghamton Gas Si 1938_ _A&O Att.) 1932_ g 58 let Ry St Col 75 70 FAA let & ref g 55 1952 75 Binghamton(NY) L. H & P— 68 J&D Cross St 1st 5s g 1933_ Central Indiana Gas— FAA lat ref Si 1948 -J 2397_Q g Cable-4s Com'cial 86 WAS 1st g 5s Sept 1931_ 70 80 linghamt Ry 58'31 op '11 MAN Commonwealth-Edison Co— 80 83 CentMainePow 58'39op'WM& N Birm Knox & Al—See Phila Co 883( let g 55 June 1 1943_ _ _ _ M&S Cent Market St—See Col Ry Po w & Lt Birm fly Light & Power— 86% Com'wealth El 5s J'ne '43_ MdeS _J&J _ '41 58 E— NYGA Cent 63 60M Gen ref g 4%s'54 op '09_ A&O Power & Light lth Commonwea Tracy Devel.6s 1944 _ _ A&O 60 59 85 Ref & ext g Os 1957_ _ _ M& N 80 MAN 1st Os 1947 92% 875 100 Cent Pow & Lt 68 1948_ __A&O 98 Birm Ry it El let g 55'24.J&J Commonwealth Power(Mich)— 90 Central Ry-SeeUnRy& El(Balti 87 90 Blackstone Val G&E 58'39_J&J 88 JAD 1st g 58 Dec 1 1924_____ 92 87 Cent States El 5%gnotes'22J&D Bleecker St & Ful Ferry—See N Y Rye Commonwealth Power (Neb)— Central Tract—See Phila Co Blue Lakes Water let 65'38 WAS 105 WAS lst gold 6s 1944 Charleston Cons Ry G.de El _ 95 Boston El L let con 5s '24_ M&S 89 Compt Fits & Mer Ter—See On ted Ry s M&S Consol g 58 1999._ _ 64 Boston Eiev IV 4s 1935_ _ WAN Trac let 4s '50_ Conestoga 58 g 1923...1.10 let Ry City Ch 65 Deb g 4%s Oct 1 1937.._A&O Coney Isl & Bklyn RR 48'48-hieJ f 40 63 8 — ._ Chattanooga Ry A LightDeb g 4%e Nov 1941._ Mde N Consol gold 48 1955.. ..J&J I 10 55 50 '16.M&N op 1958 58 g ref de 1st 72 08 J&D 55 Deb g 58 Dec 1942 BC & N 1st cons 5s 1939_Jde.1 f 45 Chatt Rys 1st con 5s '58. MA N f _ 87 West End St 5s 1932.M.AN Conn LA Pow let 5s_ 1939 _Jda 96 Ches & Pot Tel 50'29 op'09.J&J MAN 90 eis May 1938 85 '83_A&O 50 Power t Connecticu 92 88 Ches dc Pot Tel of Va Se 43 Al& N M&S Se March 1944 let dr coil tr 5s 1058_ __J&J Chicago City & Connecting Rya — MS 58 March 1922 ." ibo 98 1921. Dec notes 6% 40% Col tr s f g fis Jan 1 1927.A.A0 69% 4%s Jan 1 1923 ___JA.I Csnn Ry & Lt 454s 1951_ .J&J Chicago City Ry— F&S Is Aug 1924 80 60 °Oil__ guaranteed Stamped 72% 71 let g Ss 1927 op up to '12.11:1&A M&S 7s Sept 1947 r7i1 /This price includes accrued interest k Last sale n Nominal s Sale price 40 GENERAL QUOTATIONS—PUBLIC UTILITIES [Vol,. 110. NOTICB.-. All bond prices are "and Interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid Ask. Bonds. Bid. Ask. Conn Riv Pow let 6s 1937_JAD 89 93 Ilia Plaint A Cent JkSee Public Indianapoli s Trac & Term CoConaolldated Cities L P & TrIlls & Trenton RRISer• Corp 1st s f g Si Jan 1 1933___AA0 63 70 1st lien 58 1962 stpd____JAJ 65 68 Elmira Water Light & RR— Indianan St gen 4s [933...JAJ 61 63 Consol Gas of Bait Si 1939_J&J 95 96 let & con g Si 1956_ MAS Citizens'St con 5a g '33_ MAN 82 86 Gen g 4e Apr 1954___A&O 82 83 El Paso El Co coil tr g bs'32J&J 82 88 Indianan Wat-5s'26 op'11.JAJ 93 96 Clonsol Gas Elec L & P (Bait)— Empire Dist Elec Colit A ref g 4%s 1940 op_ _J&J 75 82 Gen g 4 As Feb 14 193111__J&J 783 1st Si 1949 MAN 65 70 Interborough-Metropol Co— Cony 5%notesNov15'21MAN 94 95 Empire Gas & Elec and Empire Coll trust g 4%s 1956__A&O 17 18 7% notes Aug 1922 99YL •100 FAA Coke it letAref 5s'41 op MAS Guar Tr ctf den 17 18 Consol Pow 6% notes '22_ FAA 95 96 Empire Gas & Fuel— Interborough Rapid TransitOonsol Gas N J Si g 1936 _J&J 85 let M e f eq _MtrN 9431 1st & ref gSi'66 op tax-exJ&J 9531 50 50'M let ref Si 1965 _ _ 80 AAO 6% notes June 15 1924___J&J 89 91 Intermouutain Ry Lt & PowConsolidated (las (N vi— Equit U A E Utica Si 042 AAO 90 95 1st g Os 1942 FAA 65 Cony g is Feb 1 1925_ _ _Q-F 75 99'Ki 100 Equit Ill Gas, Phila. 5s g'28 JAJ 100 102 Mo-Tex Os Jan 1937..-_ J&J Underlying cos—odo N HAP. Erie El Motor a t g Si 1941 A&O 75 Internat'l Traction (Buffalo)— Con Gas (Pitts) Si'48 rcts_PAA Erie Ltg le t M Si 1967 31 84 Coll tr 4s 1949 ctfs deo __JAA f 28 30 Consol Ltg Co(Vt) lit 58'26 J&J 90 95 Evansv G&E L 58'32op'12 JAD Buff Ry let con M 5ag'31.PAN 83% 87 Con Ry(NewHav)deb 4s '54J&J 48 Evansv St Sou Ind Traction— Cross tit Ry lit Si g '32_ MAN 83 87 Deb 4s 1955 JAJ 50 Evans,' El let g 4s '21_ MAN 90 91 Buff Bell A Lan 5s 1.927_JAD Deb 4s 1956 guar 10 47Y 1 J&J Evansv A Princ let Si'23AA0 91 97 Buff A Lock lst g 5s 1938 JAJ 98 Cons g 41 1930 FAA Excelsior Springs Wat,Gas A El Buff & Niag Falls Elec Ry— Cons Ry & Pow (Salt Lake) See Utah L let M 6s 1932 op Ely 85 • JAD 91 let M Si g 1935 J&J 89 Gone Tr(N J)—SeePubSeryCor Fairmont A Clarksburg Tract'n Internet Ely ref 5s'62op MA N 65 75 Con Wat of Utica-lit Si '30.110 03 98 lit g Si 1938 op 1913 89 A&0 Lockp At Olc lit g Si'20__J&P 86 Deb Si Jan 1 '30 op 1911_J&J 85 92 Federal Light A TractionInterstate Elec Corp Os 1933 MAS 80 87% Minium L H & P Co (Ellz, N J) 1st if g Si 1942 opt ._ MAS 68 72 Interstate Rys—Col tr g 4s 51 1938 90 JAD Fed St A Pleas Val—See PhliCe 1943 op 1913 30% FAA Oonsumers' Power Co (Mich)— Ft Pitt Trac—See Phila Co Iowa Ry A Lt (Cedar Rapids)lit dr ref g Be 1936 op '16_J&J 84 87 Ft Smith Light A Traction— 1st & ref g Si 1932 op '15 MAS 31 87 03nttuental Gas & Electric— let M g 5s Mar 1 '36 opt M dr 65 70 Ironwood A Bessemer Ry & Lt let lien coil tr Si 1927 __MAN 75 85 Ft W Van Wert A Lima Trao— lets f g5s '36 op aft '15_ FAA 73 82 Cros8;own St Ry—See Col Ry k Lt let g 5a 1930 guar .....J J 35 45 Jackson A Battle Creek Track See Mk Miran Cross St Ry—See Int Tr (Buff) 6t Wayne dr Wabash Val Trac . Jackson Consolidated Traction( United Rye Cumberland Co(Me)Pow& Lt — 1st eons g 5a 1934....... M & 32 35 Jackson(Mich)Gas fIsg '37 A&O 1st de ref g 5s 1942 _ _ M&S Ft Worth Pow A L Si '31_ FAA 84 88 Jackson (Miss) Light & Tr— CurnYland Tel ez Tel— 42d St M dr St N Ay—See Third Ave Ely lit s f g 5s 1922 opt '14_ _ AAO lit dr gen Si 1937 84X J&J 86 Frankf Taeony & Holmesb RyJacksionv(Fle)Gas if Si'42 JA I) 85. Cuyahoga Telephone1st g 5a July 1940 55 65 JAJ Jacksonville Traction— 1st 7s Dec 1 1921 98% Galv Elec Co lst5s'40 op MAN JAD 75 ist con Si Mch '31 opt_ MA'S 65 Dallas El Cor col tr g 5s'22.A&O 100 Galveston-Houston Elec Ry— Jacksonv El Si '27 opt_ MAN 65 Dallas Gas 1st g Si 1925 opMAN 90 92 let NI s f g 5s 1954 opt _ _ AA0 75 78 Jer City Hob A Pat—See Public Service Corp Dallas Power & LightGas&EI of Bergen Co 58'49 JAD 80 Johnstown (Pa) Pass Ry — 1st M g 6s 1949 95 98 J&J Gen Si Nov 1 1954____ _ MA N 80 Rfg g 4s 1931_ JAD 65 70 Danv St Ity& L Co 58'21-'25 J&J General G A El let Si '32 J&J 60 Joplin&PittoRy Ist5s'30 opMAS 86 Danville Urbana & Champ RyGeor Row & Ips—See Bos&Nor St Hi Kankakoe(I ll)GAE ;is '30_ 90 NUS 98 1st Si 1923 optional____MAS 80 85 Georgia Light, Power A RyeKens City(Mo)Gas Si '22_ AA() 00% Darby Med & Ches Ry—See Phi la It Tr 1st lien $ 1 g Si 1941 opt MAS 65 75 Kan C Home Teiep 55 1923 JAJ 90 Dayton(0)Gas Si '30 op'15MAS 80 8/ CentGaPow5s '38 op '13M& Kan City KawVal & West RyDayton Ltg lit Si '37 op'12MAS 81 85 Georgia Ry A Elec Si 1932_JAJ 86 89 1st NI (is Aug 1924__FA 90 98 Day El L lit 58'21op'06 MAS 85 Refg & impt g Si '49 s f __JAJ 76 83 Kansas City Light & Dayton Pow & L lit Si'41_JAD 75 732Atlanta Cons St Si 1939.JAJ 92 95 M 5i July P o w e r l s t 7 1044...... 80 J&J 84 Defiance (0) G&E Si 1942MAS 82 85 Georgia Elec. Lt Si 1930.J&J 85 90 2d M (Is July 7 1944_ ___J&J 80 84 Delaware Co & Phila—See flu P & Trau 8 Atlanta Northera Ry CoC Long Dis Tel Si 192 __J&J 82 85 Denver City Tramway— 1st guar Si '54 op 's39__J&J 95 100 Kansas City lit & ref g Si 1933 op if MAN Georgia Ry A Power— NI ISs July Railwys-t 7 1944...._J&J 35 37% Con Train con g Si 1933_ AAO let & ref s f Si 1951 op.._ AAO 71 76 2d M 6s July 7 l044_ J&J 20 25 Deny Gas dr El lit g Si'49 MAN 84 88 Grand Rap G L Si 1939....FAA 93 95 2d M 5s July 1944_ JAJ 7 25 lit & ref 5s 1951 75 79 MAN Grand Rap Gr Hey & Musk Ry Kan City-Western—let refg g Denver Tram Power Co— let g 5s July 1 1926_J&J Si 1925 opt Sept I '10_ Mat8 I-lit imp g gu Si'23 op '08'AAO 85 90 Gt Falls Pow 1st Si '40 op MAN 91K3 Kansas Electric Utilities— Denver Tramway Terminals Co Great Lakes Power, Ltdlet g 58 1925 A&O lit m g gu Si 1920-'40 MAS 1st M Os 1920-1944_ MAN 96 100 Kansas G&E let Si '22 op_ M&S 04 96% Denver Union Water— Great Northern Power— Kentucky Trac A Terminal— SoPlatteCanal&Res58'23.J&J 97 98 let M g 59 1935 op_ _____ FAA 83 87% let & ref gill 5s'Slop '14..FAA 70 75 Del Moines A Cent Ia Elec Co— Great West Pow Si 1946 op...1k.1 81q, 8531 Lexington Ry let Si '40.JAD 80 85 F 6s 1937 op Ser A___MAS 85 92 Cony deb (Ss 1925____ _ _MA N 90 93 Key. Tel lit g 58 '35 op'08_JAJ 85 F Si 1937 op Ser 75 80 lit & ref Os Mar 1949 92 95 Kings Co ELAP 1st 154 '37A.A0 83 85 Des Moines City Ry— Greenwich Tram lit Si '31 .JAJ 60 70 Porch money Os g 1997.AA0 91 , 1 98% Ref g Si 1921 op 1906___AA0 Hackensack Wet 4s'52op'12J&J 70 75 Cony deb Os 1925_MAS 99% Oen A ref Si 1936_ JAJ Hamburg Hy See Buff A Lake Erie Trac Edison El Ill Bklyn 4s'39 JAI 80 Detroit C Gas 5% g M '23_ _J&J 9631 Harrisburg (Pa) Light A PowerKings Co Elev Ely—See Bklyn R ap Tr Prior lien Si 1923 ___ J&J 96% 98 1st & ref g Si 1952 opt _ _FA A. 86 88 Kings Co Gaii&111 let Si'40AA0 Det A Sub Gas lit 511'28JAD 82 90 Hart Man & Rock Si 1924 _AA() 95 Kinloch Lg Dist Tel Se '29 JAJ 87 Detroit Edison lit g Si '33_ J&J 95 Hart A Spring! Si g 1921 Kinloch Telephone (is 1928.FAA -9131 1st& ref Si July 1 '49...M&S 89% Hart St Ry—lst a 4s 1930_ MAS 8731 80 Knoxv Gas 1st 58'33 op'13 AA() Pet United 4%s 1932 opt_Jk.) 67 68 Harwood El Si '39 op'14___J&J 90 95 Knoxville Railway & Light— V% coil tr notes 1923_ __A&O 95 97 lit A ref s f g 88 '42 op.M&S 92 97 Ref A est bs 1046 op_ __J&F) 63 70 Det Ity lit Si '20-'24___JAD 86 90 Havana Elec Ry, L & Pow— Knoxville Trac Si 1938._ AA() 88 Dat&Flint let g Si '21__F&A 95 98 Gen' M 5s 19.54 ser A NIAS Kokomo Marion A W Tree-Det Roch Romeo & L Orion Havana Elec Ry 5s 1952_ FAA 85'Ki 89 let g Si July 1 1033 J&J 81 86% let sk fd g Si 1920____JAD 98 100 Helena LA Ely lit Si '2.5 op MAS 70 75 Lackawanna & Wyo Vol It T— Det Ft* Wayne & Belle Isle-Hest Man A Fair Pass Ry—See Phila R T Coll tr Ifs 1951 86 FAA 92 lit g Si Apr 1 1928_ __A&O 78 85 Home Telep & Teleg (Los AnLaclede Gas— Del Mon & Tol Short Line Ry 85 geles Cal) 1st5s 1933-J&J 90 Ref A est g Si 1934 _ 82 A&O 86 let M g tis Jan 1933_ _ _J&J 87 92 lit refg Si 1945 ____ _JAJ 82 86 1st col A ref g 7s Jan 29_F&A 96% 97% Det&NW 4%s'21 op'11MAN 93 97 HoughtonCo(Mich) El Light— Lacombe El lit M Ss'2L.J4AN 95 100 Det & Pontiac--Si g '22..FAA 95 99 lit g Si Jan 1 1927 opt 78 84 Lake Roland Elev—See Ua Rye & Elec Cons g 4%s'26 op'lLJAD 89 Hortonia Power 5s 1915_ _ FAA 82 87% Lake Sh Elec lit con g bs'23JAJ 72 75 Det & Pt Huron Shore LineHoughton County Traction Glen g Cis Feb 1. 1933_ .._ FAA 55 1st g Si 1950 77 82 let con g Si 1937_ J&J 70 Lor A Clev g Si'27 op '17.JAJ Det & Lake St Cl 5s'20A A0 97 100 Hous El Si 1925 op 1910_..F&A 83 90 Sand Frern A So 58 1930 JAJ Del Ypsil Ann Arbor & Jack— Houston L A Pow Si 1931 A&O 82 88 Tol Frenn&Nor5s'20op'05J AJ lit g Si 1926 85 FAA 88 Hudson Co Gas Si g 1949 _MAN 80 Lake St Blew RR—See Chic A 0 ak Pit Eleclly D YAA A Con Si 1924_ FAA 97 100 Hydraulic Pow of Niag FallsLaurentide Power, LtdDDEBAB RR—See Third Av Ry 1st A ref 5s 1950 92% J&J 94 1st s f g 59 1946 op 1920_JA.1 81 84 Duluth Ed El let Si '31 op_MAS Ref & impt 55 1951 87 89 A&O Lehigh Power Securities CorpDuluth Superior Traction Co— Idaho Power lit Si 1947___J&J 82 85% 6% gold notes 1927__ __FA A 69 68 Duluth St Ry lit g Si'3051AN 0 78 81 Illinois Central Traction— Lehigh Valley TransitDuquesne Light—See Phila. Co let M g Si 1933 op guar _JAD 75 85 1st M g 50 Dec '35 opt__ MAS 93 89 Duquesne Trac—See Phila Co— Illinois Northern Utilities Co— let M g 4s Dec '35 opt__ MAS 71 75 Eastern Mass Street Ry Co— let A ref g 55 1957 optA&O 65 75 Cons g 4$ 1935 JA E) 65 Serial ref 6s 1920-1929 Illinois Valley Ry— Ref A impt g Si l9O0_J&l) 65 75 Ref M 4%s 1948 J&J let s f g guar 5s 1935_ _ MAS 80 90 Coll tr Os 1923 J&J 85 Ref M 53 1948 95 J&T Indiana Columbus & E Trac— Lewiston Augusta A Watery— LowLaw&H lstg5s'23op.J&D Gen A ref g 58'26 op '11.MA N Is 27% 35 let A ref g Si, 1037 op AA() 15 8 Lynn & Bos 1st Si g '24_JAD Col Lou A Springt Si'20.A&0 Lexington Ave & Pay For—See NY El ys Eastern Pa Rys lst Si 1936 J&J 32 33 Indiana Ltg 4s 1958 op__ __F&A 50 60 Lexington (Ky) Ry—See Ky Tr & Term Paul dt Louis (Ills) Lt & Pow— Indiana A Mich El Si 1957..FAA 80 85 Lindell Ry—See United Rye (St Lo uis) lit Si 1040 80 JAD 85 Indiana Nat Gas & 0—See Peop les G L & Coke Little Rock Gas A Fuel— East St Louis & Suburban Co— Indiana Rys & Light— itof es Nov 1937 MAN 90 96 Coll trust g 5s 1932 opt_ AA0 47% 49% lit A ref Si 1913 75 Little Rock Ry dc Elec— J&J Alton Granite & St L TracIndiana Union Traction— let Se g 1933 op 1908.. 87 _..AA() 80 1st cons g Si 1944 40 F&A 50 lit g Si July 1 '33 op '08.A&O .40 25 Ref & ext g Os 1938_ __AAO 73A 85 Easton Cons El Si 1949 MAN 80 85 Indiana Nor let g Si'33.A&0 Lockport & Olcott uffalo* Ry—See (z.3 Tree (nit Economy Lt & Pow (Joliet, Ill)_ Indianan Columbus A Sou Tr— Lorain A Cloy RR—See Lake Sh Elec R 11t Marc 5s 1956 89 JAD 93 let M g Si Feb 1 1923_ P&A 88 00 Los Angeles Gas A El CorpEdison Elec Ill of BostonIndianapolis Gas Si 19,52__A&O 80 85 1st A ref g Si 1939 opt__ MAS 92 7 gold notes 1922 FAA 100 101% Indianan & Green Rap Tran— Los Aug G A E Ss '34.... ..JAJ 90 94 5 gold notes 1922 96 FAA 97 lit g Si Jan 11929 97 JAJ Los Aug Ltg 5s Apr11'24 AA() 9431 6% gold notes 1922 98 F&A 99;1 Indianan L A H Si 1940A&O 81 86 Los Aug Pac Co—See Pee El Ely Edison Elec Co (Lancaster)— Indianan & Martinsv Rap TrLos Angeles A Pasadena—See Pee El ec Ely Refund Si 1943 FAA 1st g Si 1932 opt J&J Los Angeles Ry CorpEdison Elec Co of Los Angeles— Indianapolis Northern—See Uni on Tr o C Ind 1st & ref s f g Si, 1940__JAD 67% lit & ref g Si 1922 op'07 MAS 93 97 Indianapolis & Northwest TrLos Aug Ely Ss g 1938...AA() 73% Edina Lt & Pow (S F)6s'21Q-F 100 1st g Si 1923 opt MAS 55 65 Los Aug Trac let g 58'38 JAD 90 Eighth Ave RR—See N Y Rye Indianapolis & Southeast Trac Louisville Gas A Electric— Elec & Peop—See Phila Rap Tr let M g Si 1935 40 J&J 48 let & ref 7s 1023J&I) 99 Electrical Securities Corp— 101 Ind'p Shelbyv & Southeast lit 7% gold notes 1920...___MAS 99 100 Coll tr g if Si 1935 opt....PAA 80 85 s f g 5s Jan 1 1932 J&J 64 Louls• Home Tolep Si '22_ _J&J 8) 92% Louisville Ltg Ss'53 meaty' AA() 83 88 /1 his ()rice Includes accrued interest. I Last sale n Nominal. a Sale price FEB., 1920.] 41 GENERAL QUOTATIONS-PUBLIC UTILITIES NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bsd. Ask Bonds, Bid. Ask. Bonds. Bid. Northern Texas Electric Co— 89% Nevada-Calif Elec (Is 1946_JAJ *oiiliv Ry con M 5s g'30___JAJ 72 Coll tr s f g 5s 1940 opt_ _JAJ 71% Nevada-Cal Pow 6s 1027A&0 68 MAS Id mtge 430 1940 Texas Traction CoNorthern 70 Newark Gas (Ss Apr 1 1944_Q-J 65 FAA Gen M 5s 1950 82 86 1st g 50 1933 opt 1913___JAJ liouisville Water—See under Lo ulsvIlle p. 50 Newark Cons Gas con 58'48JAD Nor Westch Ltg 5s 1955___JdrD Newark Pass Ry—See Public Se rv Corp bow Law & Hay—See Eastern Mass S t fly 87% North Hud Co Ry—See Public Service New Bedf dr Onset 1st 59'22.JAJ Iiizerue Co(Pa)Gas & MeeNorth Hudson Lt, H & P Co m Co New Brunswick(Can)Pow 1st refectinp g 5s'48op'13 AA° 90 (Hoboken, N J) Ss 1938A&0 90 80 1st M 5s 1937 bykens Val L dc P 69 1945 N/AS North Jar St Ry—See Pub Serv Corp Ity New England Elec SecuritiesLynn & Bost RR—See Eastern Mass S o 70 North Shore Electric Co1st coil tr 5s Jan 3 1932_ _ JAJ3 Macon Railway dr Light Co91 1st g bs 1922 op 1912___AA0 New England Power1st cons g Ss '53 opt '08 __JAI 80 92% 89 lot A ref g bs '40 op '20_ &AO JAJ 1st m s f 5s 1951 Madison Co (Ills) Lt dr Power — Illinois of Co Gas Shore North 88 New Eng Tel A Tel83 JA D 1st g Ss 1936 FAA 1st g 55 1937 opt •_ 95 4s Jan 1930 bladison(Wis)GAE g 6s'26 AA() 84 North Texas Gas Co9:3 /Ss gold Oct 1 1932_ _ _AA() MadRtyPow lst50'35gu op_ FAA 93 Adr0 1st (Is 1920-1932 N H dr Centrev 1st 5s g'33_ MIES Mahouing & Shenango Ry & L — 92 95 Northwestern Elevated (Chic)New Haven Wat 430 1962 JA.1 Penn & Mah Val So'22M&W 55 MAS 1st M 5s 1941 opt N J & Hod Riv Ry A Ferry-Youngst Shar Ity&L5s'31 110 61 61 65 Union El (Loop) 5s g'45_ Ada) 1st gold 4s 1950 opt.......31A8 Wanchester(N II) Tr L dr PowNorthwestern Pennsylvania Ry 973i 98% N J Pow L 59 1936_ _ _ FAA _AA() 1st cons Cis 1021 MAS 93 lot g 5s 1941 56 58 New London G.IrE 5s '27_ _ AA° Manhattan El con 45 g'90_Adr0 96 93 Northwest Gas bdrCoke (Chic) 59 . 2d M 58 1929 56 ....A&O Stamped tax-exempt 82 90 Q-M 1928 I Dec 58 g Cons 55%, Consol dr refg 55 1933 _ 42% JA D 2d g 48 2013 100 95 Cicero Gas gendrref bs '32 JA.I New Milford Pow lot 58'32 FAA Manila Elec RR dr Ltg Coro— 92 Jct., 58'27 g Norwich(Ct)GasdrE 75 New Orleans Ry dr Light Co— lla lien Ir col It a 5s '53_ MAS 62 623- Norwich St Ry 1st g 5s '23 AA° /5 70 JAJ Gen M 430 g 1935 ManilaSub Ityslat fie 1046_ MIES Co— Oakland Traction Certificates of deposit Marefrs Wet (Pa) 5s 1939_J AD 44 Gen con 59Jan 18 '35__JAJ18 RefIrgert58'490p'19ser A MAN Market St Elev Pass Ry—See Phila it ['ran 'S. 1933_ _JAJ Oaki Trac con, Certificates of deposit Market St Ry (San Fran)—See ilnited KW' Oak Tran lot con st 58'32 JAJ Deb g gu as 1918 opt .2k!) Maryland Electric Itgs103 Trait Oak lot g 5s'31_JAJ 863i con 84 Canal A Clan) lot 6s'46.MAN 1st if g guar 5s 1931 red_ AA() 67 _h'N7 Ogden Gas 55 1945_ __ 55 Certificates of deposit Salt & Ann S L 5s 1946_ FAA 93 89 86 1937__MAN Ohio Os 1st Service NO Cy RE—Gang Str 4:3JdrJ Massachusetts Electric Cos— 55 Ohio bate Telephone— Certificates of deposit Col tr 5% notes 1918_ __ AIr() / 50 78 93 90 92 91 Cons dr ref a f 45-5s °44__JAJ N 0 Cy dr Lake 59 1943.JAJ Massachusetts Gas 430'29 .J,IEJ 99 90 JAD Cony 7s Dec 10 1922 85 84 Certificates of deposit Deb g 430 Dec 1931_ _JAJ 88 Electric dr Gas Lt Oklahoma & y Nash NO&Carrolt con5sFeb'33.J&J MIcGavock A Mt Vernon—See 1st Mg bs '29 op aft'14_AA0 70 67!'r Certificates of deposit Memphis St Ity con g Ss '45 JAJ 873Oklahoma Ry— Edison El lot 5s 1929_ _JAJ March Ht A Lt (Indianapolis)— 96 lst'A ref g 5s '41 opt '21__JAJ 92 Certificates of deposit Ref g So Oct 1 1922 optAA0 65 Omaha A Council Bluffs StRyElec NO Pow-EIouse Co 5s'41.JAJ getropolltan itlt—See Wash ity 78 73 72 JA-1 1st consol g 5s 1928 St Charles St 1st g 4s'52 __JAJ Mat St Ry—See N Y Rys Omaha A Conn Bluffs Ry dr Br Certificates of deposit Metropolitan West Side "L"— 78 50 1st cons g 5s Jan 1 1928 JAJ 46 Newp News dr Hemp Ry,G A E let gold 4s 1938 FAA 70 80 46 Omaha ELAP 5s '33 op '08 JAJ JAJ 1st & ref 5s 1944 Exten gold 4s 1938 JA.1 83% 47 Ontario Pow 55'43 op to'13F&A NewpINewsdrOld Pt Ry A El Mexican El L lot M g bs'35 JAJ 1 43 95 85 80 59 Deb g (Is 1921 opt 1910 JA.1 1st g 58 Nov 1 1938 _MAN Mex Lt dr Pow lot 5s'33 of FAA 1 55 Ontario Transmission Co, LtdGen g 5s Mar 1 1941 _ MAS Mich City GA E 5s '37 op'10.1,1rJ -72 bef'16_MAN op '45 55 77 g gu 1st 81 N Y Gas Elec L Fl dr P Coalohigan Light 1st 58 1946_ M &S 8l3- Orange dr Passaic Val Ry—SeeP tsb Ser. 80 82 80 1st g bri Dec 1 1048_ __ _JAI) Michigan Nor Pow 1st bs'41JAJ 64 63% RyElectric Oregon Put mon col It 45 1949 _FAA Michigan RR30 90 95 91 1st g bs 1933 opt____ __MAN Ed El Ill, N Y,con g 53'95JA.1 1st (Is May 1924 MAN 97 92 91N 86% Ottawa Elec lot g 5s 1933__JAD Central Un Gas bs g 1927JAJ Mich State Telep-5s 1924.PAA 94 Ottumwa (Iowa) Ry & Light— MAEquitable Gas 5s 1932 Michigan United Rys82 62 JA.I 49 46 lot dr ref g Ifs 1924 New Amster Gas 5s 1948 JAI 1st A ref gold 5s 1936_ _ _MAN 9' 87 90 87 85 Ottum Tr & L 1st 55'21A&0 NYA ER Gas 1st g fis '44 MO Jack dr Bat Crk 1st 5s'23 JAJ 75 85 Power Coast Pacific JAJ Con 50 1945 Jack Cons Tr bs 1934_ _MAN 58 54 100 97 1st M g 55 1940 op 1915_mks NYAWestch Ltg 4s 2004 _ JA.I Mich Traction 1st 5s '21_JA.1 70 60 70 92 Pacific Elec Ry g 5s 1942 JA.1 Deb g So 1954 op guar Jdr.1 Mich Tree Ext 1st 5s '23_JA.I 80 70 Los Angeles Pacific CoNorth Un Gas bs 1927 MAN Middlesex & Boston St Ry— 61 83 77 opt'15_JA.1 1950 4s g ref 1st _MAN Standard G L 5s 1030 lit A ref g 430 1932 opt_ JAJ 958 N Y Municipal Ry Corp793( 90 L A-Pee RR con 50'31 AA() Middle West U Os Jan 1 '25A&O 01 30 MAS '43_ 5s Cal Cr !Ma RR Pa A L 1966 JAJ 5s M 1st latilvale Etna dr Sharps—See P 84 98% 03 Los Ang & Pas 5s g 1928_JAJ NY A N J Telep 5s g 1920.MAN MU El Ity & Lt-5s 1926_ _FAA 8134 77 76 Pacific Gas A El ref ffs N Y & Pa Telep & Teleg Cc— Ref & ext 43-ie g '31 opt __JA.1 97 85 80 75 7% notes Apr 15 1920 _ Mr° lot gold 55 Feb 1 1920...FAA Gen dc ref g fls 1051 opt __JILD 75 Pacific Gas & Elec (Arizona)Gen S Fd g 4s Nov '29 _MAN 611Iw Light, Heat & Tree85 JA.I 89 85 1st M as Jan 1931 N Y dr Queens Elec Lt & Pow— 1st g Ss gu 1929 opt_ _MAN 89 81 87 Pacific Gas Imp 4s Sept '30 Q-M lot cons g 55 Aug 1 1930 FAA Milwaukee 0 L 1st 4s '27_ MA N 60 67 Pacific Light A Power CorpNYAQueensGas lot tIs '34 FAA Minn Anoka dr Cayuna It'ge RR 8(1 93 1st (Is rats? g bs 1951 op_ MAS 90 lit fls 1935 NY A Queens Co Ry 4s46 Ak0 MAN Pee L dr P Co 1st fis '42_ _JA.1 Steinway Ry—lst g Ofe22.JAJ -10-Minneapolis Gas LightGuaranteed 1st gen 5s Feb '30 op '14 MArz New York Railways, 30% Pacific Pow A L 1st 5s '30_FAA 2834 8131 92 90 1st R E ref 4s'42 op'16_ Minn Gen El 1st fis '34 op _JAI) f 25% 30% Pacific Teleph dr Telegraph— Gua. Tr. ctf dep Minneap St Itys—See TwinCity San' Transit 341 87, op'22..1&./ 76 7N 06, 74% IstArcol Its f g 58'37 Ad! Inc g So Jan 1942_ _AAO Mississippi Riv Pow 5s '51_ JA.1 (1%' 73-1 Paducah TAL col It g3s'35 MAN Mississippi Valley Gas & Bloc — Bankers Tr ctf dep_ 70 I 25 87 Parr Shoals Pow 5s 1952_A&() 84 0-_-.1-k3 . Bleeck St A FF 1st 4s'5 Coll tr (Ss May 1022 opt _MA N 463i 50 90 873i Paterson Ry—See Pub Ser Corp Missouri Edison El So'27_ FAA Bwaydath Av Cons 3s'43JAD 60 50 99 98 Paterson dr Passaic Gas dr Elec Mo El Lt Os May 1921_Q-M Bway Surf RR lot 55 '24 MO 80 71 65 Consol g So1949_ _ ___ MAS Mobile Elec Be '46 op '10.MAN CenCrosstown lot ris'22.MAN 73 43 77% 80 Pawtucket Gas 45 1932__MAN Mobile Gas 1st 50 1924_ _ _ _JAI ChrisAlOth St int4s'18AA0 95 47N Peekskill Lt A RE-5s '30.AIr() 90 91 Col A 9th Av 1st 5s'93 _MAS Mob Lt & RE—lot g5s'37_JAD 86 __JAJ 83 86 Pennsylvania Ltg 55 1940 Cons g So 1941 Eighth Av cart Ind 68'19.1:AA MAS Shen P 437 Penn A Mah Vail—Sea Mah 99 98 T,exAvAP Fy 1st 58 g'93.MAS Mobile St Ity 1st 6s '23_ MAN 86% 1 j Penn Wet & Pow s f 5s '40J&-1 SecondAv on fis tr't4 go PAA / Monongahela St 11y—See Prille Co 87 1 Penn Public Serv .5s l962 FAA Trust Co Ws of Monongahela Valley Traction — 20 35 Pensacola El Co lot fis '31_ FAA _A()South 1st M g 55 1042 opt '22__JAro 1919 A0 Ferry 1st 5s deposit_-55 983i People's G L es Coke, Chicago-Gen mtge 75 1923 Tar W P dr %lam 54 it '28‘1A-4 90 JA.1 lot con g 68 1943_ ___ _ __Adr() Montana PowerThird Ave—See under "T " 63 55 85 81 Refunding gold 5s 1947_MAS 1st dr ref et 5s 1043op'18_JA 1 34th St Crosst lot 5s '96 Ado) 71% 55 15 I Chic GI L & C 1st 5s '37_ _JA.1 230 St. Ity. 5s 1962 _ Montreal Lt, Ht & Power Co — 87A N Y A Rich Gas 5s 1921 .:MA Consmn Gas 1st g 55'36 JAI) IstAcol tr g 430'32 op'12 JA.( 55 Ind Nat GAO g 5s '311gu MAN NYAStarnt—lot g .is '31 _ kA() Gold So 1933 op 1913___AAr) _ Mutual Fuel Gas g 54'47 MAN IstAref g4s'58op af'14guMA N Montreal Tramways— 803i New York State RysPeople's Trac—See Philo H T let & ref g 54 1041 opt___JAJ 51 53% Peoria Bloom A Champ Tree1st con g 430 '62 op '13MAN Montreal St Ry 430'22_ FAA k 93 84 MAN 1st g guar So 1936 N Y & Suburban Gas—See West cheater Light'g Montville St Ity—Ss 1920_ MA N 80 93 80% Peoria G A EU '23 op '08_ JA.1 N V Tel 1st 430'39 tax ex.M.Ir N Mt Wash St Ity—See Philo, Co 93M, 92 933i So A 88 Peoria Ry 5s '21 to '26 gu_ FA FAA Deb (Is Feb 1019 Muncie El I. 1st 5s'32 op '12.1,Ir.1 • Rs -WWI Peoria Water Works Co— N Y Westch A Boa Ry—See Muncie Hart dr Ft Wayne Tr — 94 02A 80 MAN Prior lien 13s 1948 Niagara Fails Pow 5s 1932_110 lit g So 1035 opt 1925JAJ 52 100,1 MAN 1st con 4s 1948__ Refg A gen 68 Jan 1932.AA0 Wuncle&UnCTr—See Ind Un Tr Petersburg Gas 5s 1931___AA0 Niagara Lockport A Ont Pow— Municipal Gas dr Elec, [loch— 90 87 lot of g 5s'54 tax-exempMAN Philadelphia Companylit Mg4ts 1942 op '12_A,11.0 - - - 1st coil trust g 5s 1949 MAS 100 Norf & Atl Term—See VaRydrP Municipal Service Co80 82 st col It g 5sMar'42op'15Mdr, 75 Nod & Ports Tr—See Va Ry & P Cons rntg coil tr g 58'51.MA N 90 87 55 Cony MAN 59'49_ 1st deb g fis 1922 opt_ MAN Nod Ry A Lt Muskegon Tr.& Lg.1st 1931MAS 923i 91 Ardmore St 58 1958____AA0 Norfolk St 1st g 5s 1944 _ _JA.7 Muskogee Electric Traction— lit tnt gold 55 1934_ _ __MAN Central Tree lot 5s 1929_JAJ North Carolina Elec Power73 83 ! Citizens' Tree lot 15s 1027Adr0 lisiskogee(Okla) Gas & Elec— 1st if g 58 Oct'40 op '16 AA() 96 92 88 Duquesne Light Os 1949-1&J (Jo lit dr ref 58 1926 op '09__JA1) North Carolina Pub Serv Duquesne Tree lot 5s'30_JAJ 1st & ref bs 1034 opt_ __AA() Ilashville Railway A Light— 70 55 V _MA 1 May 88 5s V 84 '42J&.1 P A St 1953 Fed opt 1908 _JAJ Salisb A Spencer 5s'45_ Cons g bs 89 92% 67 70 Ft Pitt Tree 1st 5s 1935_JAD North Cal Pow 5s 1932_J&1) Ref and ext gold So 1958_JAJ Si 82 92 95 Milly Et Sh 5023_ _MAN Nashville St Ity 55 1925 __JAJ It dr cons of 5s '48 op '15 MD _ Monong St Ry 5s g 1928.JAD Nor Caharia Pow (Is 1928_ _JA.1 galavock A Mt Vernon— 100 103 Tree— WilkdrEPit lot g58'29 MAS Northern Lt A Illinois Summer St IstM 6s'26_JAJ 87 9334 105 Mount Washington St Ry20 series tls July 1937_ _JAJ 100 lot M gold 58 1923 guar _ _JAJ _ A coil tr gu 58 1933.A&O I 52 1st Light Is 1928___JAJ Tree Nashville Water 4s Northern Ohio 85 80 Pitts Alleg& M gen 58'30AA0 1st consol g 5s 1933_____JAJ Nassau El RR—Soe Bklyn Rap Tr 70 80 Pitts A Bir Tr 5s g 1929_ Mar N JA.1 Nassau Lt dr Pow lot 5s'27 AA() lfit consol g 4s 1933_ 70 75 70 85 FAA BKA Tree Os 1931.MAS Nassau & Sniff Ltg fis '45. _FAA 1st I .1r ref 58 1956 87 92 JAD Nat. Light, Heat & Power Brownsv Ave 5r) 1926_ FAA Os 1026 84 77 W Liberty lot g 5s '30_JAJ 90 Coll trust 58 1920 Ser C _ _JA D North Ont L P (31) Apr '31 JAJ 75 Pitts 65 A Charleroi 5s '32.. MAN Cent hid Ltg .5s 1927._ _ MAN Co Power Northern States 83 8231 Pitts Trae 1st 5s 1927 AA0 83 Ak0 73 1st A ref 55 1941 C1tyGAB(Paris,111)58'35 Adr0 92 89 75 tr g 50'50A&O AAO SoTraclotAcoil 65 Jerseyville III So, 1935 ..FAA 6% notes 1926 100 98 The 20 Ave Tr 5s 1934_ JAB FAA15 National Properties Co— 7% notes 1923 Coll tr 4-43i-530 1946 _JAJ 86 95 105 /this price includes rimmed interest. k Last sale. n Nominal 91 98 I In Condon. s Sale price. Ask. 80 90 Corp 95 86 99 59 50 88 96 85 95 85 101 81 81 85 97 79 Corp 30 89 100 65 70 81U 99 95 83 90 86 8734 70 76 85 99 90 y A Li 75 89 67 85 64 -7734 89 _ 85 85 55 8735 83 88 97- s 2231 42 GENERAL QU'OTATIONS—PUBLIC UTILITIES EvoL. llo. NOTICB.—All bond prices are "And interest" except -where marked 9" and Income and defaulted bonds. Bonds. Ask. Bonds. Bid. dab. Philadelphia Co.(Concluded)— It Clair County (III) Gas & ElUnited Traction Si 1997..J&J let cons guar 5s 1959 __M&S 60 65 Wa3S End Trac con 55'38.J&J ltJoseph Gas—let Si 1937.J&J Skillacielptila ElectricIt Joseph Ry Lt Heat & Pow1st M 521966 9034 let g Se Nov 1 1937____M&N A&O 0031 78 98 97% 0% gold note3 1922 —.F&A It Louis RR—See Un Rys(StL) It Louis Spline & Peoria RRPhiladelphia Rapid Transit-85 88 Coil tr g fie 1957 opt.f_P&A let & ref gu g 58 '39 op...J&D 62 66 85 82 f guar g Os '62 opt'17_M&S St Louis & Springf fis'33.J&D Spring & N E Tr 58 1938 J&D Darby Media & Ches St Ry-,it L & gut)Ry—See Un Rys(St L) 82 let 045'36 opt 'la gu_J&J Market Street Elev Pass Ry— It L Tran—See Un Rye (St L) 79 lit g gu 4s 1955 M&N 7934 it Paul City Ry—See'Twin City a T Union Traction— 3t Paul Gas Light63% Elec& Pen 4s tr ctfe'45A&O 65 Gen gold tie 1944 M&S n 83 87 Hest Man & F Si 1924 M&N 90 94 it Petersb (Fla) Ltg 68'45_ Jde D 80 90 People's Traction Co— iallsbury & Spencer—Sea No Ca r Pub S erv 70 P P Ry tr ctfs 48'43 F&A 75 ialmonRivPow gu 58'52 opF& A 83 87 W Phil Pass 2d Os'26.MdeN 95 91 %It Lake Term 68 1935 J & D -Philadelphia Suburban Gas de El Ian Antonio G&E be '49 _M&S 83 88 let M & ref g B3'60 op'15.F&A 80% 8134 San Antonio Water Supply— Pkiia & West Chester Ti— " let de ref s f fts '33 op'13_F&A is 82 86 Mtge gold 48 1954 Ian J&J Diego Consol Gas & Elec— Philadelphia & Western Ry— let g fis 1939 opt 1914__MdeS 86 81 let g 58 July 1 1960 87 94 Deb 68 1922 J&J MD 95 98 Pine Bluff Co 58 1942 80 85 Sind Frem & So Ry—See Lake Sh El Ry J&J let 65 1942 87 95 ,an Fran thicE 434e 1933-M&N J&J Pitts Alleg & Man—See PhilaCo Not callable 83 Pitts & Birm Tr—See Phila Co 3an Fran Oak & San Jose Con— Pitts & Charleroi—See Phila Co Con Si May 19 1938__M&N19 P McH&Con—See W Penn Rife F0& S J Rs let Si '33_J&J Fitts Trac—See Phila Co 2d M g 5s 1933 f J&J Portland(Me)El Si'26 optF&A 92 95 San Joaquin Lt & Pow Corp— Portland (Ore) Gas & Coke— liktref g Os'50 Ser A op_F&A 101 lit & ref g Si'40 opt '20 J&J 84 88 Series B _ 95 98 Portland Gas lit Si 1951 P&A Series C 96 99 Portland (Me)RRSan Joaquin Light & Power111 con 334s 1951 op '31_J&J 70 72 let Se 1945 op aft'10__J&D 85 86 let I & con m Si 1945__MdeN 80 85 Santiago (Cuba) Elec L & Tr— Portland Ry Lt & Power_ lit g Os 1959 opt'19---.J&J 75 85 1s1 & ref I f Si 1942 op_P&A 65.YS Sao Paulo Tram L & P,LtdPortrd Ry ref Si'30 op_M&N 68 lit g fie June 1 1929_ _J&D 75 City & Sub con 48 '30_J&D Savannah Elec Co fie g '52_J&J 55 Port Gen Elec lst Si 35 J&J 94 Sayre(N Y)Elec Si 1947—A&O 80 Portland (Me)Water 4s'27F&A 92 94 Schenectady Railway Co— Pinto Rico Rye, Ltdllet M 5s 1946 op _M&S 1s1 g Si Nov 1 1936 op.. M&N k 80 ichuylk Tree let Se'19_1943 A&O Porto Rico Telep 6s 1942__J&D 90 95 Scioto Vali Ti Se let 1923 M&S Potomac El Pow Be '29 op_J&D 9334 9434 Scranton Elec Si'37 opt'12.J&J Cons M g 58 1936 guar_J&J 87 Scranton Ry—lst 5s Noy'32J&J 75 80 Deb gold (is 1925 92 J&J 94 Gen g 58 1920 opt_ MAN 85 Gen mtge 6s 1923 9634 J&J 98 Scran Tree let (is g '32_MdeN 87 93 Prescott G & El lit 68'40__J&J 87 95 &ran & Carb Ti let (is'23J&J 85 92 Ploy. Secur.—see Steam R.R's.. Seattle Elea let g Si '30 op FAA 87 92 Public L & Pow let tie 1945P&A 70 80 Con & refg a f Si 1929___F&A 84 88 Public Service Co of Nor M— Seattle Ry 5s 1921 opt__M&N 96 99 ist& ref g Bs 1956 op'21..A&O 80 70 Seattle-Everett Traction6% notes 1922 98 M&S 9734 let M g tis 1939 op '14__M&S 75 73 Public Service Corp of N J— Seattle Ltg let 59'44 op 10M&8 Trait certs 6% perpet__M&N 70 75 Ref g Si 1949 opt 1914__A&O T% gold notes 84 M&S 87 Gen M 73 1929 J&J Gen g Si Oct 1 1959 1922_op A&O 65 6531 Second Ave—See N Y Rye Camden Sub 1st Si 1946_J&J 80 85 Second Ave Tree—Sea Phila Co Cons Traci lit Si 68 72 Seneca Power Corp rei'46_M&S 85 95 Plaint & Cent 1.93-J&:or DMs RyStirevep Rys—let 53 '20-'44J&3 1st g Si Dec 1 1950___J&D 70 Sierra & San Francisco Power— 1111sabeth & Trent 58'62 A&O 70 let g fis 1949 opt.. FAA 76 80 C Hob & Pat 48 1949_MdeN 45 50 Sioux City Service CoNewark Pass con Si '30....J&J 75 80 lel ref & s f g Be '28 _J&J Newark Term Ry Si'55_J&D 83 Somerset Un de Middlesex 87 op..-Ltg— N Had Co Ry cone Si'28,J&J 75 Mtge g 4e Dec 1 1943_ J&D 65 2d Bs ell to 1924 70 AMN 3o Bend & Mishawaka Gas— Nor Jer St Ry 4s 1948_M&N 45 50 Cons 58 g 1926 opt 1908 __J&J 90 Or & Pass Val let Si '38..J&D 70 s 75 South Carolina Lt Pow & Ry— Paterson 111,—Con6eg'31J&D 85 lit s f g Be 1937 opt____MdeN fd 6s'14 ett 5% to'44A&0 85 South Coy & Cin Ry-See St Cin New & Coy By IR Ti St Ry let M fieg'21A&O 85 South Ferry—See N Y RYA Riverside Tree Si 1960..J&D 70 South Jer CI E & T—See Pub Ser Corn So Jersey Gas El J6 Tree— 3o Side El 4 4e 1924 op '10...l&J 09 Guar g Si Mch 1 1953 M&S 70 80 Sou Yuba Wet—Con 68'23.J&J 96 Pueblo & Sub Ti & LtgSouthern Bell Telep & Teleg— 155 f Bs 1922 A&O 97 9034 let s f g Si 1941 op '16___J&J 85 8434 Puget Sound Power Co— :Sou B'verd—See Third Ave By ld g get Si 1933 opt 80 J&D 85 Southern California Edison— Puget Sound Tr L & PowGen g 53 Nov 1939,opt_J&J 85 86% 1% s f g notere __J&D 96 99 Cony deb 6sMar15,`20 M&S15 9934 100 Paget Sound ElectricRy 1921_— Debenture 7s 100 102 , 1st consol g Si '32 op_F&A 70 80 Gen & ref g Os 1944.._ FAA 94 96 Tacoma Ry&P Be '29 A&O 75 3outh'n Counties Gas Co of Cal Quebec Ry L H & Pow— May '38 .M&N g &let 82 90 Cons g Si 1939 opt J&D 6534 66 ,3buthern Ills Light & Power— Palmy (111) Cies Elec & Heat— let M (is 1931 op J&J 02 96 let cons g 3s 1935 op'10_M&S 75 I South N B Telep let 5s'48.J&D 101 Quincy_G & E Bs 1929 MdeS 103 88 +nth Ohio Tr—See Gin Day & Tol Tra ct Racine(Wis)Waters,'31.M&N 85 90 3)uthern Pow 55 1930 opt_M&S 89 91 Rap Ti St Ry—See Pub ear Cor Southern Sierras PowerReading Tree 131 1933_ _J&J 95 07 lit if g gu Os Sep'36op'18 J&J 95 •08 ReaddcWom—lst 531'15 J&J 90 95 Southern Tree—See Phila Co Rhode held Sub 41 '80 J&J Southern Utilltiei 68 1933_A&O 70 Richmond (8 I) Lt & RR— 83 Southern Wise Pow 58'38_A&O let coil tr g 4e 1952 J&J n 45 50 Southwestern Gas & Electric— Rio de Janeiro Tram L & P— let & ref f 5s 1032 ipt __F&A 80 lot g Si 1933 87 J&J 75 Southwestern Power & LightIfiverside Tiac—See Pub Sort'C orD lien 1st 1943 5s J&D 75 Roanoke W W es 1936._ _J&J 80 Southwest Utilities Alva, Ok Hoch G&E 2d 448'20op'11)M&S 9834 100 1st Msfg 1029 _FAA Roch Ry & Lt fle '54 opt___J&J 75 4outhwest Missouri BB8 _5 Tax exempt 75 M&S Gen & ref 5s 1931 5a Each Ry cons Si g 1930.A&O 85 90 SWM0ELR9refSS1923M&S 2d Si g 1933 J&D 80 85 iookane & Inland Empire RR 'Rochester & Syracuse RR— let de ref g Si 1926 opt_M&N lit M cony 58 1957..—M&N 55 spring BeicWater-5s g'26.A&O 030 9334 Rochester Telep— 0034 ipringfield (0)Lt Ht & Power— Gen Si 1933 A&O 60 let 5 f g 55 1929 op 1914.1MA 90 Rockford (Ill) Electric Co— 94 ref Gen de 1933 be A&O 83 ls* & ref s f 52'39 op"14 M&S n 87 86 92 toringf & N E Tr--See St L Sod ngt & P eoriaRockford ds Inter-Urban Ryipringfield (Ill) Ftr& Lt Co— 1st g Si 1922 op 1907—A&O Coll tr g fis 1933 opt J&D Rockford & Freeport let g gu 62 ixingfield (felo) Ry & Lt Co— Si 1923 op aft Feb '10 M&N let s f g 58 1926 opt M&N 80 Rock B & J let g 58'30guA&O 85 7% notes 1921._ 98 Rumford Falls Pow 4s Octl 1945 100 oringfield(0)Ry let Se Rutland RyL&P let5e'46 M&S 1 s 50 1st in Si 1920-1935 M&S Sacramento Elec Gas & Ry— •pring Val Wet ref g 4s'23_J&D 9234 Cons Si Nov 1 1927 M&N 9331 9534 ttandard Gas & Eloc of Delaw— Sacramento Gas Os '20-4-0_A& Cony s f (is 1928 87 Saginaw-Bay City Ry— 90 6% gold notes 1935 A&O lit & ref g 55 1935 75 80 SUS 7% gold notes 1921—.M&S Saginaw Val Ti Os 1920_F&A 98 9034 .1T.It Cherie.St RR—See N Or Rf & L •MM -. I Duels. fThla price includes accrued interest. Bonds. Bid. dab. Steinway Ry—See NY & Qu Co fly Suburban Gas Co of Phila— let e f g &Apr l'52op'07-A&O 90 93 Superior Water Light & Pow— let 4s May 1931......J..—M&N 72 76 Syracuse Gas g Si 1946—.114 Syracuse Lake Shore & Nor— let M g Si '47•opt '17_M&N 58 68 Syracuse Light g Sag 1951...1&D 81H Syrac L & P coil tr Si '54...J&J 68 73 3yrao Rap Ti let a Si 1940.M&S 2d mtge g 1930 J&J Tacoma Ry & P—See Puget Sou ad Elec Tacoma Wet Sup let Si '25.J&J Tampa Electric Co— let M g Bs 1933 s f op J&D 83 90 Tampa GU 58 1937 opt___M&N 75 Tar W PI & MY1 Ry—See N Y Rye Fenn Pow gu fis 1962 opt_M&N 50 55 Tenn Water let 53 1946_ M&S 70 80 Terre Haute Indiana!? & East1st & ref s f g Si '45 oo-A&O Terre Haute Tree & Ligfit— lat con M g 58 1944_ 77 82 Terre Haute E1-58 _M&N Texarkana CI & E Be '30—_J&J 88 95 Texas Pow & Lt let 58'37_J&D 80 85 rem Public Service 138'33_J&J 97 100 Fez Tree—let s f g fis'37opt .1*&J Third Avenue Ry (N Y_ let ref g 48 1960 op aft'14 J&J 48 4834 Ad)inc g fis Jan 1960 op_Abs0 f 29 30 Third Ay RR let Si g '37_J&J 84 8834 Dry Dock E Bway & Belt'y let Si gold 1932. 50 IAD 60 New ref in Ser C income— d2nd St M & St N let (is'10 Ext at 5% to 1940 /VMS Sou BouleY g 58 1945...J40 -i5-Union Ry let fisig 1942__F&A 65 75 Westchester El let Si g'431&J 60 Yonkers Ry let 53 1946.A&O 60 Thirty-fourth St Crosstown—S ee N Y Rys. Tide 'Water Power— Gen M 6s 1920 93 FAA 99 Toledo Bowl Green & Southern let g Sc May 1 1921____M&N 50 73 rol From & Nor St Ry—See Lek e 13h El Ry rot GE & H con let 03'35 A&O 58 63 Toledo Home Telep Sc 1922.J&J 94 96 Vol & Indiana let fis 1931..J&J 00 02 Voted° Tree Light & Power2nd lien cony 78 1921—J&J Tol IS West Ry let g Si'26_J&J 25 40 Topeka Edison Se Sept '30..M.1 Topeka Ry-58'30 op '15...J&J Toronto Ry 440 '20-'21....F&A Trenton G & El g Si 1949—M&S 85 Trent St Ry—con g Be '38.._J&J 60 75 Trent Pass Os Sept30'31 A&O Tr -City Ry & Light— Coll tr s f g Si 1923 A&O 93 let & ref g Be 1930 opt...J&J 75 80 Troy City Ry—See Un Ti(Alb) Troy Gas 2d Os 1923. FAA 100 101 Como! fie 1939 MAN 100 101 28th & 29th Ste—See 3d Ave By 23d St Ry—bee N Y Rys Twin City Rapid Transit Co— st Paul Cy—let g 68'32_A&O 95 let cons es g 1934 _A&O 95 Cable con 53g 1937....J&J15 80 Guar g Si 1937 J&J Minn & at,P Sub as '24M&S 02 Minn St &.St Paul City— Cons vat g5s 1928...A&O 93 TwIn City Telep Se 1926--J&J b 634% 0% Twin States Gas & Elec— let & ref tie Oct 1953......A&O 65 73 Underground Elec Ry of London 4345 Jan 1 1933 J&J 60 9834 Income 6sJan 1 1048 1 50 Union Depot—See United Rye St Lou is Union El Lt & Pow Co of St L— let Sept 1 1932_—M&S 72M 90 Ref ext Se 33 op aft'18.M&N 97% Union lev RE—See Northwest Bin Union Ry—See Third Ave Ry Union Ry Gas & Elea Co(Ii)— Col tr g Si 1939 cony op-J&J Union Tree Co of Indiana— let g 58 July 1919 ____J&J 60 70 Indianap Nortio'n Bs 1932 J&J 4334 48 Union Utilities Be 1944 op_J&J United Elea Lt OC Power, Bait1st cone g 454s 1029___M&N 8134 Unit Elec Co of N J 4e'49.J&D 65 '6f-United Electric Securities Co— Coll tr g 58 1933 to 1943_F&A 85 88 United Fuel Gas 68 1935 _J&J 97 United bee & Elec Corp— Coll trat g 63 1945--A&O 5734 CfnitedG& E of NJ 1st Be'22..J&J United Gas & El(SF) 58'32_J&J ong United G IS F 63 1923 J&J United Ilium Co New Haven— let 4e Feb 1 1940 FAA 86 80 United Light & Rye— let & ref g 55 1932 op J&D 75 77 Cony deb 68 1926 M&N 75 6% g note81920 Ser A_M&N 99 156" 7% notes Apr 1 1923 95 99 Totted Power IS Tran— Dol Co & Phi tr 00648'49 J&J is 35 40 United Rystr etre 4s '49..J&J 48 50 Jolted Public Utilities (Del) let Os 1943_ J&J 85 90 Jolted R113 of San Fran— (3 f g 4s April 1 1927__A&O 33 2831 Un Tr Co N Y etre dep 2614 2431 InterchottsUnTrSFSe En Tr 2431 273 Market St con g 58 1924_ M&S 71 75 Jolt Rye & Elec (Baltimore)1st ct:nsol g 4e 1949_ —M&S 67 • 8634 Incomes g 4e 1940 op '29 J&D 47 47% Inc funding g Si 1936—J&D _62 63 ..... •••• /rfisk k Last sale. Iln Loudon. a Nominal. •Salo price. •1 • an. arraraarawas• FEB., 1920.1 43 GENERAL QUOTATIONS-PUBLIC UTILITIES "f" and income and defaulted bonds. NOTICE.—All bond prices are "and interest" except where marked Bonds. Bid. Bonds. dd. I Bid. I Ask. Stocks. Par. Bid. Ask. City Pass Ry—See Reading Tr Wisconsin Edison Co— Wait Rys A Elec (Bait) (Cowl) 75 87 City Ry (Dayton, Ohio)__ _100 81 MAN Cony deb es 1924 88 100 cony notes 1922_ _ _ FAA 5 90 100 Preferred Electric— SO 86% Wisconsin Gas & - -6% cony notes 1922___F&A RR_100 83 Clev Paines• A Eastern 78 let g Se 1932 opt 1919 ___JAD 3 % 98 Bait Sparrows Pt A Ches— 97 100 Ry Cleveland Pow & Light Wisconsin Minn 84 lst g gu 4%s 1933___P&A 19/2 100 131 85 Cleve Southw & Col Ry._ 80 1st A ref Ss 1944 op '19_ MAN 98 95 10 flalt TracCo 1st M 58'29_ MAN 8 100 Preferred RyEastern 98% Worcester A Conn 20 No Bait Div lot 8s '42_ JA D 17 100 Power Colorado 1st s f g 4%9 1943JA.' 6,1% 98 96 100 Cent Ry con M g 8s 1932_ MAN 95 100 Preferred 40 Wore Con St Ry 4%s 1920.MAS 98 96 624 Ext Jr imp Se 1932_ MAS 61 Columbia Gas & Electric......100 50 F&A 1930_ g 43e ref A let 91% 1922.JAD ()Ey dr Sub 1st Se 30 10 100 El & Gas Ry (SC) Columbia 75 MAN Deb g 5s 1927 98 90 60 Lake Ro El 1st Ss '42 MAS 50 100 Preferred Wore A Clint lot g Se '19_ Unit Rye(Phila)—See Unit P & T 22 20 100 corn.. L A Pow Ry Columbus Ext at 77 to Jan 1921____ Malted Rye of St Louis— 70 60 100 Preferred A 504 Wore&SouthbSt Ry4%8.22MAS n 50 Gen g 4s July 1 1934_.. _.J&J 40 39 100 B Preferred 85 n '19_JAD Wore A Web St Ry 58 Cass Ay & F Gds 1st So 1012 23 Commercial Union Teleg(gu).25 d 15 Yonkers Ry—See Third Ave Ry 86% Ext at 434% to 1922JA.1 108 Co_100 n 1073/2 th-Ediso Commonweal Power— York Haven Water A Lindell Ry 1st g So 1011 21 19 com_100 90 Com'Ith Pow Ry & L 85 J AD lot 50 June 1 1951 92 90 extort at 434% to '21_ Fat A 46 100 x 43 Preferred 85 MAN 2d Os May 1 1924 Compt 110DAM Ter 69 '13 5 Coney Island & Bklyn RR 100 60 MAN 1957_ 1 58 May 89 M Cons 86 _J&.1 Ext at 5% to 1023_ 84 _....100 pref.. Power 81 Connecticut 81 D opJA York Rys—let Mg 581937 St Louis RIt (B'way) 50 32 28 Connecticut Ry A Lighting_100 96 95 Youngstown A Ohio River*xi at 4%% to 1920. MAN 35 33 100 90 Preferred 83 94 I 1st M g Se 1935 opt '15_ A&O St L & Sub let Se g 1921 FAA 100 1003/2 (Balt) 521 I Youngs-Sharon Ry A L—See M ah A S Ry A L Cons Gas, ELAP Gen g So Apr 1 1923 gu A&O _ City Y N under See Y) (N Gas ovine Consolidated A Zane New 41 37 Zenesy Ry LAP—See Col ItLoull Trans Co5s1924 AA() Consolidated Gas (Pitts) pf__50 d United Rys Investment CoCorp Serv Pub J—See N of Trac Cons Par 72- PUBLIC UTIL STOCKS 71% 1st lien coil tr s f g So '28 MAN 70 60 Consol Water (Utica) corn....100 89 80 Cf B Pub Mery let Os '27__FA.A 80 70 100 17 13 5% preferred Adirondack Elec Power.. ___100 U El Telephone105 100 100 81 77 7% preferred 100 100 Preferred 97 MD 1st 78 Dec 1 1921 150 7 Consumers'Gam (Toronto)_ _ _ 80 145 5 Albany Southern RR corn_100 United Traction (Albany)— 82 78 21 17 Consumers Pow (Mich) pref.100 100 40 38 Preferred Jhr) Con g 4%s 2004 T R Phila Ry—See Paso Conan Co Phila 40 38 Allegheny Trac—See 12% Tax-exempt s 100 Lt.. & - Cumb'I'd Co (Me) P 100 80 77 Amer Cities Co com Albany Ry con M Ss g '30 JAI 52 100 4 3% Preferred 100 80 75 Preferred J D Gen g So 1947 93 38 87 0 00 0 1 34 Danis' Champ A Dec pref_ 100 n 28 Amer Dist Teleg (N J) 60 50 Troy City Ity Se g 1942A&() 45 126% Dayton Power A Light 80 d 125 Amer Gas A Electric Unit Tr (Pitteb)—See Philo, Co 85 81 100 40% Preferred 39% d _50 55 Preferred /n45 A El Tr United (Prov)So'33 MAS common..100 Western & Dayton A00 Jersey__ 90 Amer Gas of New 85 United HUI let Cs'43 op '18 JAJ 50 100 192 Preferred 100 190 70 Amer Light A Traction 60 Utah Gas&Cokelet5ie30 opt.i&J 90 88 Denver Gas A Elec prat_ _100 100 75 Preferred 71 Utah Lt A P cons g 4s '30_ J&J 10 0 0 1 _ Ry 68% Denver A l'Corthwestern 66 100 Amer Power & Light Utah Lt A Ity (Salt L City)— 9% 109% 108 74 Detroit Edison 72 100 Preferred Cans Ity A P let tle '21__JA,1 101 100 4 1 d Detroit United Ry Optional warrants 1921 8-1 83 Utah P A L let So 1944_ FAA 913/2 8 Dominion Teleg (Canada)_ 50 d Optional warrants 1931 Utah Securities Corp100 10 Duluth Edison Electric 100 87% Amer Public Utilities 86% 0% notes Sept 15 1922_ MAS 70 60 100 22 Preferred 100 Preferred 954 Utica El L & P Is; Ss 1950_ J&J 35 25 Duluth-Superior Trac Co_ _ _ 100 50 88% American Railways Co 82 Utica Gas& El refAtext 5s'57 J&J 40 100 n 35 Preferred 100 Preferred Utica & Mohawk Valley Ry 0o. Phila 55 Duquesne Light—See 50 80 Amer Teleg A Canle guar 100 70 1st g 4%s 1941_ 100 99% Eastern Penn Rys corn 99% 100 100 Amer Telep & Teleg 90 Utica Belt L lot g Si '39 MAN 5 3 East Read'g El—See R'(-1'g Tree 100 100 Appalachian Power 90 ' 2(1 g 1311 1931 _100 Suburban 26 A St 20 Louis East 100 96 Preferred /alley CountiesPow ber'30_MAN 100 8 4 Preferred 100 Arizona Power Ventura CoPow let 68'36_ MA N 153 40 Edison Elec Ilium (Boston)_100 z 151 30 100 Preferred 95 90 Vermont Pow A Ltg Ss'27_MAS Rys Y N 20 10 Eighth Ave RR—See Arkansas Light A Pow com_100 Virginian Pow lst Ss 1942_ JAD 70 _100 _ prof__ Securities 95 85 Electrical 100 Preferred Virginia Ry A Power— 100 n 10 Electric Invest Corp 97 95 67 Arkansas Val Ry L A P pf_ _100 ref g 88 1934 let 100 n 60 Preferred 81 Augusta-Aiken Ry & El_ _ _100 79 Nod'& All Term 55 '29 MAS M Ise. Co Jr Ind. Bat—See Elec Storage 100 Preferred 66 Nonf A Ports Tr 68 '30_ _ JA D d 50 A Elizabeth Gas Light_20 Corp Aurora Elgin A Chicago_..100 Wash Alexandria A Mt Vernon Sony Pub 34 Eliz A Tren RR—See 100 Preferred MO.1 let g Si 1985 opt 99 92 t 0_100 • pf 20 LARRIst W 15 Elmira 0 common...10 El & Ry Bangor Washington Bait & Ann El80 75 85 80 El Paso 'Mee Co common.. 100 100 Preferred 75 1st M Se Mch 1941 op Mao• 80 75 100 10c 8c Preferred 50 d 89 ;Bay State Gas 88% 60 Walden (DC)Gas tis 1960.MAN 50 _100 Teleg_ State Bay A 110% Empire IBell Telephone (Canada)_ -_100 110 Washington-Idaho Wat L At P— Empire DietrictElectric_ _100 1% 91 'Birm Ry Light A Power_ _100 90 MAN lot g 6t8 1941 75 100 n 70 Preferred 17 100 Preferred 58 57% Wash Ity A El g 4s 1951_ _ _JAI) 91 89 65 60 d Empire Gas & Fuel Co pf 50 E A Gas Val Blackstone 93 90 General Os 1923 100 98 .100 pf (Plinth) L Ill 0 95 Equitable 90 100 Preferred Anacost A Pot Ss 1940....A&() 113 100 100 Essex A Hudson Gas Bleeck St A Ful Fy—SeeNYRys Guaranteed Fairm't Pk & Had Patio Ry—See Phila R T 83 Bloomington A Normal Ry At City at Hub Se g 1948___F&A 165 155 Fall River Gas Works____ __100 85 95 100 L prof guar 91 Metropolitan lot 5e 1025 FAA 9 6 64 Federal Light A Trac corn_ _100 Boston Elevated RR corn._ _100 Washington Water Power Co-43 100 Preferred 85 100 92 • Preferred 86 Corm! A coil tr g 59 1.929_JA.1 5 n I 100 Utilities 434 Federal 43 91% , West End Street Ry com_50 J&J ----lit refg g So 1939 op 45 100 a 30 Preferred 53 50 Preferred 8% Waterloo Cod Falls A No Ry— _100 Tree Ind Nor A Wayne Ft s 50 Boston Suburban Elec_(no par) ls1 Msfg 58 1940 op '15_J&I 100 Preferred (no par) d 6 Preferred Westchester Elec—See 3d AYR , 40 30 Franklin Telegraph (guar)_ _100 Boston &Worcest Elec_(no par) 82 90 Westchester Lt let g So '50_JA 13 9 El Co.. ..l00 -Houston 10 I d 8 Galveston (no par) Preferred N Y Sub Gas—lot g58'49MA8 55 48 • 100 46 Preferred 45% 100 Brazilian Tr L & P Ltd West Chester (Pa) St IV70 Gas A Elec of Bergen County100 • FAA s 84 B'way A 7th Ave RR See N Y Rys 1st g 58 Aug 7 1932 375 87 Gas A Electric Securities_.100 325 94 100 Brooklyn Edison West End St—See Boston El 80 _100, 75 , y, 13 Preferred 1:3 ....100 Transit Rapid Brooklyn El Boston West End St Ity—See M1110. COO A Ind. Electric—See General 9% 894 90 JA1) Certificates of deposit 95 Westerly L A P 58 1937 7 4 _100'n 59/ 2 General Gas & Electric_ ___ 10 494 Brooklyn City RR, Western Light A Power— 17 Cumulative preferred___ _100'n 14 55 52 100 Brooklyn Union Gas 75 68 MAN lets f 8s 1025 45 40 100 n Convertible preferred_...... 102 Buffalo General Electric_ _ _ _100 101 Western N Y A Pa Trac100 80 ,Georgia Ry A El Co stmpd. 100 104 78 Calif Elec Generating, pref _100 1st & net g Se 1957 op '12_J&J 73 72 100 I 18 Preferred 12 _ _100 pref prior Pow Ry A Calif Western N Y Utilities— 12 1034 100 com Power Ry A .Georgia 70 Calif St Cable RR(San Fran)100 JAI) lot g St 1946 75 72 100 I First preferred Camden&SubRy—See P S Corp 16 If Ohio Ity—let 58 1921__M&N 1434 101 preferred Second 107 1073/2 100 Canadian General Electric.. Western States Gas A Electric— 100 , 95 90 'Gold A Stock Teleg (guar) .100 89% 84 Capital Trac (Wash, D C)_ _100 80 lit A ref 58 1941 opt_ _ _ _JA D 100 preferred.. Ry Rapids :Grand 34 35 92 Carolina Pow A Light, com_100 88 FAA 6% notes Feb 1927 25,d 25 93 'Hackensack Water 87 8:3 Cent Arkan Ry&LCorp pref 100 80% Western TAT Col tr g 5e'32.JA.1 25Id 25 Preferred 86% Cent Croest RR—See N Y Rye 86% West Un Teleg Coll In as '38_ J&J pref..-..50d Pow 103 , Harrisburg Lt A 98 79 7o9- Cent Hudson Gas A Elec....100 F(Ig ARBM 44s g'50.MAN 204 1 200 Light......100 Electric 'Hartford 78 R N Y 90 Cent PkIl&ER RE—See liatUnOs ext at 8%to'41MAN 36 Hartford City Gas Lt corn_ _25'd 33 115 Central A South Amer Teleg.100 113 Northw'n gu g 434s 1934_J&J 38 , 25' 9 Preferred 6 100 Corp Elec States Central Western United Gas A El— 85 _100,Power_ At Lt 65 , FIavana Elec CO 100 Preferred 90 85 lstAref So g 1921 to '50 FAA 95 1001 Preferred d 1 13/2 ctfs(t) part & Chic City Concom West Liberty Silty—See Phila Co 38 1001 9 I , Holyoke Street Ry (no par) d 8 Prof partic ctfs Walt Penn Power— 11 Houghton County Eiec LL.. 25'd 100 81 Chicago City Ity 80 lit M Se '46 op '21 SerA Mkt.; 18 23 d 15 Preferred 2 1% 99 Chicago Elevated Rys com___ 96 let M Os 1958 Ser C___ _JAD 20 _10o corn_ Tr County 6 Houghton 7 Preferred West Penn Railways Co— 60 25 Preferred "0 Chicago Rya partic ctfs son 1_.. A&O lot g Ss Jan 1 1931 88 80 100 5 Flouston Gas & Fuel pref 4 Series 2 Pitts Mclieen A Connells RR 95 110 10) 2 Hudson County Gas Series 3 lit cons g Se Jan 1 '31_ _JAJ _101 common Traction Illinois 1 94 4 Series West Penn Tr let tfe 1900.J&D 101 Preferred Chicago Sub Gas & Electric_100 Phila Pass Ity—See Phia ItT 20 Ilium A Power Securities___100 n 10 100 Preferred 80 Whatcom Co Ity&Lt 514'35MiltN 98 on 88 .1C0 Preferred Chris & 10th Sts RR—See N Y Rye Wheeling (W Va) Elea Co— 100 Lighting Indiana 73% _100 743/2 Electric A Gas Cincinnati 88 MAN n 84 la M 58 1941 opt 60 55 Indiana Rys A Lt common__ 100 100 100 Cincinnati Gas Transp 75 70 Wheeling Trac Se g 1931_ J&J 96 90 100 Preferred Cincinnati Jr Hamilton Trac.100 88 94 Wilkes-BarreGAE _100 Traction_ Union Indiana 100 Preferred Wilkes-Barre & Hazleton RR56 SOd 53 68% 699/2 Indianapolis Gas 38 Cm n New A Coy Lt A Trac 100 1st coil tr g Se 1951_ _MAN 15 f :13 75 58 Imilanap & Southeast Tr pf_10(I 57 100 Preferred 85 90 Wilkes A Wyo Val-88 '21 A&O 55 100 Co Ry St Indianapolis 44 43 d 50 Ry Street Cincinnati WIlkinsb & E Pitts Silty—See Phila C o 90 80 _100 _ pref Sec, W W Indianap ' 71 90 Cincin & Subur Bell Telep__50 d 69 Mi 83 334 Willapa Elea 6s 1923 3% 405 Interboro Cor.ol Corp•t c tt) d 100 400 Cities Service 75 Williamept Gas—let g88139P&A 12 114 100 Preferred 729-' 71% 100 Preferred Wilmington (Del)()as Co— 90 80 Teleg (guar).100 70 80 Cities Service Bankers shares(t) d 42% 112% Internet Ocean lit & ref of g 58 1949 op_MAS International Trac (Buffalo) 100 Citizens' Pass Ry—See Phil R T 82 85 Winnipeg El—let ref So '35 J&J 10(1 4 % preferred Citizens Trac—See Phila Co 100 7% preferred I accrued int. k Last sale. n Nominal. o Per cen$. a Purchaser also pays accrued fly b Basis. d Price per share, not per cent. f This price includes of par value. i Salo price. x Ex-div. v Ex-rights. (t)Without par value. t4 GENERAL QUOTATIONS-PUBLIC UTILITIES [VOL. 110 Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. ----Inter-State Rys preferred ._. 10 d North Ohio Elec Corp. com_(t)d 16 20 Republic Ry & Lt corn........100 15 Jacksonville Traction corn._ 100 , 17 5 Preferred 50 100 55 Preferred 45 100 48 Preferred 100 25 Northern Ohio Tr & L pref 100 86 87 Richmond Light & RR Jersey Central Traction.._ —100 Nor Ontario Lt& Pow com..100 11 15 Roch Ry & Light 5% pref.. 100 55 Kentucky Securities Corp __100 65 10 15 Preferred 100 56 62 7% preferred 100 93 Preferred 99 100 65 75 Northern States Power 100 60 63 St Jos Ry Lt lit & Pow pref_ 100 50 60 Keystone Telephone 50 d 1134 Preferred 1234 89 100 92 San Joaquin Light & Pow_ ..100 10 rreferred 50 d Northern Tex Elec Co corn 100 79 84 Preferred 71 11000 Binloch Long Dist Telep__ 100 120 0 130 Preferred 68 100 72 Savannah Electric Co Laclede Gas Lien 100 41 52 Northwest Electric 100 17 Preferred 100 Preferred 5 100 65 Preferred 75 100 80 Scioto Valley Tree com--100 15 take Shore Elec common ..100 17 2 Northwestern Teleg (guar)_ _50 d 38 45 First preferred 100 80 90 First preferred 100 20 Ohio Cities Gas 25 d 47 473( Preferred 00 0 a 70 10 78 Second preferred 100 Preferred 100 8334 84g Scranton Elec, prof__ Lancaster Co(Pa)Ry&Lt pref 50 Ohio Fuel Supply 25 d 49 4934 Shawinigan Water & Power-100 11534 11531 Laurentide Power 100 74 Ohio Gas& Electric pref..---100 92 98 Somerset Un & Middlesex Lt100 65 Lehigh Power Securitles____It) d 5 70 631 Ohio State Telephone 100 20 South Calif Edison com....._100 18 89 Lehigh Valley Transit corn._ 50 d 9 8754 11 Preferred 100 88 87 Preferred 100 99 I 101 Preferred 22 Ohio Traction—Common._ A00 50 d 18 834 1034 South & Atian Teleg (guar)....25 d 15 Lincoln (Neb)Gas& El LL_ 100 22 Preferred 35 40 Southern New Eng Telep...._100 100 98 100 Lone Star Gas, new 35 Oklahoma Natural Gas 25 25 d 4034 4131 Southern Utilities corn 100 10 i.outayille Home 1eiepnone_100 Omaha & Council Bluffs.. 100 Preferred 100 45 Louisville Railway Co 35 100 Preferred 60 100 75 So Jer Gas El dc Tr—See Publi c Servic e Corp Preferred 60 Oro Electric Corp, pref_ 100 Southwest Missouri RR.. _100 Lowell Electric Light 155 Ottawa Light,Heat dc Pow ..100 100 145 Spokane & ml Emp-Cap stk 100 Lowell Gas_ 158 Ottawa Traction 100 149 100 Preferred ctfs _100 Mahon & Shen Ry & L. pref_100 80 85 Ottumws(TORy & Lt pref _100 92 95 Springfield (Mo.)Ry. & L. pref 86 93 Manhat Elev By (N Y)____100 43 Pacific & Atlantic Teleg (gu)_ 25 d 12 4234 16 Springfiel d(0.)L.H.& P.pref 100 80 Manure° Lt & Ht., Pitteb_ _ _50 d --5831 Pacific Gas & Electric 100 55 56 Spring Valley Water 70 100 Marconi Wireless Tel of Amer_5 d 534 7034 5,8 First preferred 100 88 Standard Gas & Elea (Del)..50 d 2534 86 27 Mass Electric Companies_ _ _ 100 Second preferred (old pref)100 Preferred d 42 41 50 Preferred, stamped__ 100 Pacific Gas & Elec (Ariz) pf_100 a 80 85 Superior Water, L & P corn_100 40 50 Massachusetts Gas Cos__ _100 x 73 74 Pacific bight Corporation-100 14034 Preferred 100 78 65 Preferred 40 100 61 Preferted 100 83 Tampa Elec Co 110 10:1 105 Massachusetts Ltg Coo com_(t) d 10 13 Pacific Telep & Teleg 34 100 Tennessee Ry L & P com.....10 2 0 Preferred 82 106 77 Preferred 38 100 Preferred 7 100 Memphis Street Ry corn.... _ 100 Paducah Tr k Light corn....100 Terre Haute Ind & East......100 2 • 5 Preferred 100 Preferred _100 Preferred 100 Mexican Light & Power corn 100 1 20 12 ia"" Paterson & Passaic Gas& El.100 80 90 Terre Haute 'Fr & Lt pref......l00 79 0 Mexican Northern Power__ 100 Pawtucket Gas preferred_ ....100 70 80 Third Ave Ry(N Y). - 1434 Mexican Telegraph 133( ioo 100 190 Pennsylvania Lighting corn.100 30 35 Tidewater Power prof 80 90 Mexican Telep & Teleg 10 d 70c Preferred 75 100 80 Toledo Bowling Green & So_1107 Preferred 10 d 1 g 31.4 Pennsylvania Water & Pow_100 78% Toledo Home Telephone.. 100 Mexico Tramway30 35 Pensacola Elm Co, corn ..100 5 Toledo Rye & Light Co 100 Michigan Light pref 75 Preferred 30 Toronto Railway 100 100 47 Michigan State Telep pref_ _100 60 People's G L & C (Chlc)_ __ _100 -501 40 Tr -City It.y & Light pref_.:_100 n 70 73 Middle West Utilities 25 People's Nat Gas & Pipeage_ 25 100 21 'Fri-State Telep & Teleg 10 Preferred -42 44 100 Phila Co (Pittsburgh) 50 d 4034 -iai Preferred Milw Elec Ry & Lt pref_ __ _100 80 75 5 non-cum preferred .50 d 31 Troy(N Y)Gas Mississippi River Power__ _ _100 140 11 9 6% cum preferred 50 d 35 3534 233 Street—See N Y Railways d 13573 Preferred 53 51 100 Allegheny Traction 50 Twin City Rapid Transit......10' 34 Mobile Electric °ref 38 70 100 an 60 Citizens Traction 50 Preferred 10, Mohawk Valley Co 60 100 Duquesne Light pref_ 55 91 _100 99 Union Natural Gas 100 a 125 Monongahela Val 'Fr 10 25 d Federal St & Pleasant Val_ 25 UnionStRy(New Bed,Mass) 100 100 Preferred • Pittsburgh & Wham Tr 50 Union 'Frac of Ind cora .100 Montana Power 69 1(38 d United Traction preferred 50 d First preferred Ion 4Y5 Preferred 100 9931 Phila Electric (full paid) 97 -281i 25 d 25 Second preferred 100 Montreal L H dr P Cons__ _100 8731 8734 Phila Rap Tran Vot Tr CULL 50 d 24 24 United Elec of New Jersey _100 80 Montreal Tramwaya Telegraph com___100 40 :20 Citizens' Passenger guar_ 50 Ic 222 United Electric Secur pref_-100 90 la' Montreal 154-Continen Pass Ry ($29 pd) 50 Ic 75 United Gas dr Elec Corp_ _100 Montreal Tram & Pow__ __ 100 18M 183.4 Fairm't Pk & Ic Hadding'n45 _ 50 First preferred s 7M 100 Mountain States Tel & Tel_ _100 91 93 Frankf'd & Southwark Pass 50 284 Second preferred 100 Municipal Gas(Albany)......100 Germantown Passenger__ an 89 United Gas & Elec of N J 0_100 Muskogee Gas & Electric...._ 100 Green & Coates Ste ($15 pd)50 8731United Gas Improvement... _50 a -34-- "81% Preferred 90 100 a "ii Hestonville M & F corn_ 50 Ic 3234 United Ill Co of New Haven_ 100 y 220 224 Narragansett Electric 66 Preferred Ic 51 .50 Rights 3 22 24 Nashville Ry & Light pref_ _100 50 d 61 Phila Cy Pass Iky($235( pd)50 117 United Light & Rye corn ._ ruu 28 32 National Light,Heat& Pow.100 4 Phil & Gray's Fy ($25 pd) 50 Ic 67 preferred.:___101. First 60 64 Preferred 35 25 100 Philadelphia Traction....__ 50 60 United Rys of St Lou—Com.100 Ix Newark Consolidated Gas...100 131 70 76 Ridge Ave Pass ($28 paid) 50 190 Preferred New Bedford Gas & Elec_ _ _ 100 16234 734 2d & 3d Ste Ry guar 3. 190 50 United Rys & Elec(Balt) corn1050 7 o d 13 New Bedford & Onset Ry__.100 15 15th 13th & Ste Pass Ry__ 50 185 United Rye Investment Co ion 111,g 1234 New England Co corn 100 48 55 Union Pass ($30 5-6 pd)_ 50 110 Preferred 29 First preferre 34 85 80 100 Union Traction ($17 pd) 50 d 35 36 United Tree dc Elec (Prov)_ 1122 0 8 00 0 28 Second preferred 58 100 West Piffle Pass guar. 53 50 16534 United Utilities 100 n 5 New England Power, pref _100 15 02 96 Pine Bluff Co pref 80 100 90 Preferred 10 90 New England Tel & Ter_ _ _ _100 00 in 80;4 89 88 P1ttsb & Birm Trac—See Phila Co Utah Securities Corp New Haven Gas Light 10 32 Pittsburgh 011 & Gas 25 d 100 15 Virginia fly & Power corn_ 100 — 48 New Haven Water 7234 Portland (Me)Gas Light.. 50 d 48 50 Preferred 100 New Oni Rys & Light Co_ ....10 50 d 74M Portland (Ore) Ry Lt & Pow— Wash ash Balt de Annap ' -50Preferred 15 no 25 New stock (75% paid).. _100 New York City—Conso GastOo 36 82 Porto Rico Rye Ltd 7934 32 35 3;i Wa 100 Psrheifn e g r r t ed on ( il3 a) Gas Ix 18 N Y Mutual Gas Light.....100 41 4831 90 75 Preferred 100 Wet L & P pt. _ 10 : 8 d -19-New York Railways__ 3 Providence Gas 100 50 Wash (D C) Ry & El corn.... 100 "iii-- -5;- * Bleecker St & Fult'n F'y _100 15 Public Service Corp of N L..100 5 65 73 Preferred 100 55 Sway & 7th Ave guar_ _ _100 54M Camden & Sub ($5 paid)_ d Wash-Virginia By,pref.. _ 100 Central Crosstown 7% __ _100 Consolidated Tree of N J_100 40 50 Washington Water Power Co100 66 70 Christopher & Tenth Sts_ 100 Elizabeth dc Trent cow.... 50 d 20 Western Ohio RR Ws— --- 100 Bighth Ave k 130 _100 Preferred 50 d 20 Western Power Inn 21 % 223.4 42d St & Grand St Ferr __Ion Rapid Transit St Ry Co_ 100 150 175 Preferred 100 71 72 Ninth Ave guar 6%------100 So Jersey Gas Elec & Trac 100 90 105 Western Rys pref-100 Light & 40 60 Second Ave _100 Public Service Co of Nor 111..100 78 80 Western States Gas & Elec'_ 10 0 0 7 15 0 20 Sixth Ave k 33 100 Preferred 100 83 83 Preferred 80 Twenty-third St guar.._ _ _100 Puget Sound Tr Lt & Pow_100 10 15 Western Union Telegraph..100 N Y & Richmond Gas so 87 10 100 Preferred 53 100 57 West'house Else & Mfg—See un der Mims N Y State Rye common__ _100 13 15 Quebec Ry Lt Heat & Pow...100 30 West Penn Power pref __AO() 2931 94 I06 'Preferred 100 38 Railways Company General 10 d 35 West Penn aye preferred..... 100 79 Niagara Falls Power cm_ __100 92 95 Rap Tran St Ry—See Pub Son Corp West Penn Tr & Wet Pow _ _100 8 Preferred 103% Reading Traction 100 102 50 d 3 23 24 Preferred 6)) 65 Norfolk Railway & Light _ 25 d City Passenger fly......50 d 98 103 Winnipeg Electric By 34 10( 1130 ) 3 ( 0 Northampton (Mass)St Ry.100 East Electric d 65 73 Wisconsin Edison common_ _100 33 35 Northern Calif Power Cons.100 Reading Transit & Lt, prei_50 dn 80 Wisconsln-Minn L dc P. pt.. 100 90 88 40 York (Pa) Rys common_ _ 50 d 12 13 Preferred sod 31 31% a Purchaser also pays accrued dividend. d Price per share, not per cent. e New stock. h Flx-stock dividend. k,Last sale. I In London n Nominal. s Sale price. u Ex-warrants. s Old stock. z Ex-dividend. y Ex-rights. t Without par value. g8 IA 870 118S (1111 INDUSTRIAL AND MISCELLANEOUS SECURITIES In the rearrangement of our quotation lists we classify under the designation "Industrial and Miscella neous Seourities.• all issues which do not appear under the previous two headings, namely "Railroa d (Steam) oase of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real" and "Public Utilities." In thiEstate and Land," "Title Guar. antee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industri al and Miscollaneou!4." NOTICE.— Ali bond prices are "and Interest- except where marked "I and income and defaulted bonds. Bid. Ash. Bonds. Bid. Ask. Bonds. INDUSTRIAL & MISCEL'NE OUS B ONDS. Allied Packers, Inc— American Ice Securities— Acme White Lead & Color WksCony s f deb 6s 1939......._JdcJ 81 81 American Ice Co—fl E 1st & 1s1 tis July 1920 to'28 op_J&J 96 98 Am Agric Cher.lst Ss 1928A&0 98M 98 gen I f 6s '42 opt '13_ _F&A Adams Exp col tr g ts '48_M&S 55 60 Cony g deb 55 1924_ _ _ _ FAA 97 Amer La France Fire Eng Inc— Col tr g 4s 1947 J&D f 53 56 American Can—deb 5s 1928 FAA 91 02 e% gold notes 1926____ MAN Advance-Rumely deb6s'25 WU' 99 101 Amer Cot Oil g 5s 1931 optM&N 80 Amer Malting Se 1926 8631 J&D Ala Steel dt Sh1pbldg—See Tenn CIA RR. 6% notes Sept 2 1924_M&S2 98 Amer 9834 Pipe & Constr Securities— klaskaGold M Inesdeb 69'25 M&S 1534 20 Amer Graphophone 68'30-J&D Coll tr g (is 1922 opt.. F&A Deb 6s 1926 Ser B M&S 17% 13 Am Pipe & Fdy 65 1928 _J&J Bonds. b Basis. This price includes accrued interest. 1 Last sale. n Nominal. a Sale price i New stook. Ask. 9734 125 88 100 9831 95 FEB., 19201 SECURITIES INDUSTRIAL AND MISCELLANEOUSand income and defaulted marked NOTICE.—All bond prices are "and interest" except where Bends. Bid. Bid. Bonds. Ask. 111,11. Ask. Bonds. 45 bonds. Bid. Ask. Pierce Oil Corp.— I'du Pont(E I) de Nem Powd— J&J 104% 105 A nor Smelt & Refining— Cony deb 6s 1924 95% 94% Gold 410 June 1 1936__J&D S I% 84% Adt0 73 75% lit M 5s 1947 Pittsb Brewing 69 Feb 4 '49_J&J 96 93 58 1926_J&J Mfg lagle&Pheulz , . 97% 1020M&S Os g 97% Mfg Amer Spirits Pitts Coal deb 55 July 1931M&S -1)asteru Steel Ist5s 31op'IcIF&A 97% Trans & Amer 8 S of W Va 58 1920 M&N Warehouse Term Pittsb 94 Elk Horn Coal 68 1925 _ _J&D Amer Steel Foundries— let ref g 5s Nov 1 1936__M&N 91. 89 empire Refg teL Os 1927 __ P&A 93 8) Deb 48 1923_ _____ Pittsburgh-Westmoreland Coal91 87 Fairmont Coal 5s 1931.. _ .J&J 119 Adt0 _ _ 1944_ 85 g 66 80 A ner Tobacco 1st s f g 58 1947 opt__M&N RfgSug Federal _ 116 _ 97% Guaranty Trust ctfs of dap_ Pitts& Westm C58'25op.M&N 98 M&N 973-i 1924 notes 6% 80 1951__ 1 83 78 Aug g Pleasant Vail Coal 58 1928_J&J Fort St Onion Depot—See Steam RR ho nds 170 M&S 160 Div ctfs 1921 Ser A CollieriesConsord Pocahontas 90 leneral Baking 1st (is 1936 J&D 170 M&S 160 82% J•Ir Div ctfs 1921 Ser B lot gold 58 1957 opt 170 'loners! Bloc 3%s 1942 op.FAA 4/1&s 160 Myatt' 1921 Ser C Powell RI, Co 68 '21-'27_ _J&J 97 96% Y M&S N tax-ex '52 5s Debg 170 160 M&S D Ser 1921 Div ctfs 99% 100% Procter & Gamble Co6% gold notes 1920__ _J&J 170 M&S 160 Div ctfs 1921 Ser E 10031 7% gold notes 1920....._ M&S 100 Girard Pt Storage 34s'40.A&0 gold notes 1920M&N 100% 101 7 7% gold notes 192L.. M&S 100% 101 Co•Ltd s&Fares 101% 102% 7 gold notes 1921_ _ M& N 101% 101% Gonionlronside opt 1922__M&S gold notes 7% 97 J&J t 93 1st s f g Os 1927 M&N 101% 102 73' gold notes 1922 7% gold notes 1923__M&S 102% 103 102% Gorham Mfg CoM&N 102 99% 100 73 gold notes 1923 FAA b6.75% 6.20% Producers Transp 59 1921_J&J '21-'24_ FAA 7s M 1st 100 Founders— 96 A nerican Type Pro vid't Loan Soo 43,1;8 '21 M&S 101 (lottlieb-Bauerschmidt-Straus M&N a 98 Deb gold Os 1926 Typewriter— Remington 1951__M&S 4s Co-1st Brew 95 98 a N M•it 100 1937 98 Os Deb gold J&J lot M Os 1921-1920 2d Income 59 Sep 1951_M&N 1 98 MAN a 93 92% Deb gold Os 1930 Republic Ir & Steel 58 '40A&() 91 Granby Con Min Smelt & Pow88 A•nerican Writing Paper— CA! 58 1946_M&N Pitts & Roch 96 93 M&N A ser 1928 Os let cony 83% 82% J&J 88 S f 7-68 Jan 1 1939 1932 opt__FAA g f s 4%8 lot 98 9:1 Stamped 60 50 Anaconda Copper Mining95% Grand River Coal & Coke—See Co Fuel & Iron Rocky Mtn Fuel 5s 1941__A&0 94y 100 85 6% gold bonds 1929 Ser AJ&J Rogers-Brown Iron 59'21-40J&J 90 A&O 1020. Os Signal Hall g 1st est Co.—Real & Armour St Clair Furnace 511 '20-'39 FAA 99 84 Harris Abbatoir Os 1928__F&A t 96 83% J&D 4%9 1939 op St Joseph Stk Yds 4319 '30J&J 56 J&L)1 48 Convgdeb °erne 15'20J& D 15 107% 108% Havana Tobacco-5s 1922 St Lawrence Pulp & Lumber— 100 98 M&S '22 Os well Hecker-Jones-Je 108% 107% 85 65 Convgdeb6sJ'ne 15'21J&D 15 F&A let M 69 1920-1933 Conygdebearne15'22J&D15 107% 108% Hoboken Land & Impt Co 77 St Louis Brew Assn Co 1939_JJEJ 90 N Mdc _ 1930_ Nov 5s g M 1st 107% 1083 95 90 Convg deb(39J'ne 15'23.1& D 15 69 MAN '21-'23 St Co Car Louis 50 In op J&J Conygdeb6sJ'ne15124J&1315 107% 108% Hock Val Products 59'61 75 St L Nat Stock Yds 45 '30_ _J&J Hoster-Columbus Co 69'40_A&O 98% -563i Associated 011 Co-5s 19221?&A 68 stpJ&J 59'55 P & L Mt St 56 Rocky 52 • Hudson Nay g 69 1938 op_ FAA 62 .Astoria(NY)Veneer Mills&D— 58 60 Securities Co N Y 4% cons M&S 40 - Huebner-Toledo Brew Co '30J&J J&J let s f g 68 1941 opt 90 94 Sibley Mfg Co lot 58 1922_ _J&J Huntington Land & Impt_ 88 .Atiantic Fruit & S. 8.— Sioux City Stk Yds lot 58'30 J&J Coll tr g gu Os 1920-1927 J&D 100 80 J&J deb 69, Jan 1045 Iron Jr 82% Steel Sloss-Sheffield Illinois Steel—Deb 4 As'40.A&O 92% All Gulf & W Indies SS Lines-6% s f g notes 1929F&A 55 7.t3i Independent Brewing 69'55 J&J 77 J&J Col Sr g Si Jan 1 1959 92% 93 Somerset Hotel Tr 40 1921_J&D Indiana Steel 1st 58 1952_ _ M&N 100 96 90 9231 Alias Port Cement 1st 69'25M&S Standard Mill—let g 5830M&N 31 Dec 55 g Ingersoll-Rand-1st 96% Baldwin Locomotive Works100 Steel Co of Can. 6s 1940_ __JAE.; 95 99 1935 opt Dee 31 1910 _ _ __J&J 1st if 5s 1940 op aft '15 MAN Sun Cr Co col tr a f g 5s '44_J&J 70 Inland Steel lot 68 1920-28_ A&O b 6% 50 91 90 Sarney & Smith Car Si 1930.1•10 Swift & Co let e f g So '44_ _J&J 102 Ext&ref Os'42 op'l6 serA.J&J 100 96 93 99% leech Creek & C 58'44__J&D 99% 6% gold notes 1921 F & A 15 Corp Agricul Internat Sathlehem Steel CorporationH J&J 69'20 cony T 81 Syin1ngton 79i lat&coll Sr s f g 58':32op MAN 100% 7 g notes July 15'22_J&J15 100% 101 Temple Coal s. f. 58 1924_J&J 100 International Mere Marine101 89 7% g notes July 15'23_J&J15 100% 93 Tenn C IA RR gen tls'51J&J 9297 97% 1st M coil tr Os 1941A&O deth St let ex g Si '26 gu.J&J 99 Ala Steel&Shipbdg 68'30_J&J International Paper108 . Seth St pur m es Aug '98.(44 102 Cahaba C M Co lot 69'22 J&D 101 -- Con cony g s f 58'35op'09 J&J 100% 85% 82 • Seth St let IA ref 59'42_M&N Cop Co cony Os •25_M&N Tenn 86% J&J A_ Ser 83% f 844 s 1947 5s lst ref & J&J Fur M 58 1936 10331 72% Texas Co deb 68'31 op '15_J&J 10570 89% 9514 Internat Salt g 5s 'Si op_ _A&O booth Fleteriess f (is 1926. A&O 90 B & P lit g Si '30 op J&J Union 95 _J&D _ '48 69 1st Silver Internet 73% s Boston Term Co-314s '47 FAA 89 Stamped _ J&J _ Deb 63 1933_ Sraden Copper Mines CoUnion 011 Co of California— 100 95 90% Iron Steamboat 1st Ss1932 A&O 94 ._P&A 5 f g 6s 1931 9431 95% First lien s f 58 1931 opt_J&J2 40 35 A&O Gen'l 48 1932 Hrunswick-13alko-Collender Co Union Steel Co lot 58'52gu.J&D 103% 104 Itir & C Cloarf 6% Jefferson % 8.32% 6% serial notes 1921-29 J&J 96% 5s _P&A 1923 let Un Transpor 96 J&D 2d gold Ss 1926 87 .___.3 affalo&Susq Iron Si 1932JA.D Union Typewriter—See Remin gton '1' ypewris 85 02% . _ Indiana Co lot s f 5s '50_ _J&J Deb g 59 Jan '26 op '10.. _M&S 97% Jolt Fruit—Deb 4345 1923_J&J 100 96% 102 Jones & Laughlin St 59'39_ M&N Sarns(P)&Co 6s'24op af'14A&O 100 Deb g 4%s 1925 f______J&J 100 100 Kau City Brew 69'30 ctfs MAN J&J t 97 let & ref it Os 1931 84 80 78 Jutted Lead deb 58 1943__J&J 84 80% Kn1ckerb Ice 1st 58 '41 opt_J&J 77 -Sub Term 1st 45 1952 ___A&O 96% 91% U 8 Env lot 5s '20-'34op'19J&D 80 La Belle Iron Wks— 73 J&J Cons g ffs Jan 1 1955 95 Finishing— 93 8 15 J&D lot & ref 58 1940 Gush Terminal Buildings Co— • 90 85 93% J&J Con gold Si 1929 9331 75 79! Lackaw St 59'23 on to '06 _A(1r0 ld if gold guar as 1960_ A&O 95 U S Light & Heat let 5s 1950 op after 1915.M&S Jahaba Coal Min—See Tenn C, I & RR 65 75 6 J&D let a f 69 1935 M&S15 6%% Eq 58 1920-1926 Jalifornia Wine Association— U 5 Mtg & Tr59 55 105 Lake Superior Corp Inc 58'24 Oct Cony g5sSep10'25 op s f M&S 65 4s Ser Ito N 1920-1922__Var 60 let & coil Sr gold 5s 1944_J&D 99 %amid& Cem't 1st 68'29 op A&O 78% 79 U 5 Realty & Imp 59g'24 op J&J Lake of the Woods Mill Co, Ltd V median Car A Fdy Co, Ltd— US RubberHA) 99 1st M (19 June 1923 JAI) 87 let 5 f g 64 1039 102 10231 _J&D 1923_ 1 Dec notes 7% Latrobe-Connellsville C & CJanadian Cons Rubber, Ltd— 86 85% lot & ref 55 1947 Ser AJ&J 94 J&D 91% let s f g 69 1931 opt Gold Or 1946 opt 1011__A&O U 8 Smelt Refg & Mining— Lehigh Coal & Nay— 81 3anadian Cottons Cls 1940 JAcJ2 103% 103% Cony 6% notes 1926. _ P &A 96% 95 Gen M g 4%9 May 1924__Q-F Jent Foundry Os 193L.. FAA 82% United States Steel Corp— Funding 48 g July 1 1948_J&J Nut Ilud St'boat 51 Apr'33 A&O 101 99 98 Col tr s f 59 Apr'Slop '11.Var 96 96 Col Sr ,iower 4%s '21 op_J&D 95% Jentral Leather Si 1025 ..A&0 101 90 89 Col Sr e f 5sApr'51 not op•Var Con s f g 4%s 1954J&J ihes&Del Can lit 58(40'26 J&J 97% 98 Col of 2d 58 Apr'63op'13M&N 67 70 Leh & W -Barre Coal—See Cent RR of NJ p 33 Jate Jet coil Sr ref g 461940 A&O 34. p. Or, & Rio Deny 110;i 110 Fuel—See Utah 88 Liggett & Myers g 7s 1.944_AJE0 A&O Coll Sr ref 53 1040 Vancouver Lumber 65'21-'25J&J 88% FAA Gold bonds 58 1951 Ale Pueu Tool 159 Dec 31'21J&J Vandalia Coal lot Os '30 op_J&J 98N J&D 6% gold notes 1921 A&O 1st Os 1920-1023 62 58 Victor-Amer Fuel let (is'40F&A , Lima Locomotive Corp•Jhio tin Sta—See Steam RR bds 50 95 98 Victor Fuel lots f g Si 1953_J&J MAN lit s f g Os 1932 78 )bicoutimi Pulp Os Virginia-Carolina Chemicai— &O 108% 110 106 Lorillard (P) Co g 7s Jklii Copper cony is 1923_ MA N 105 9.1y, 88 86 let M g 59 1923 opt s f__J&U 79% 80 I Gold bonds 58 1951------&A AA() Cony Os 1932 Ser A 99% 100 89 Gen, deb (39 1924 ____A&015 85 76 Mallory 88 1st a f 59 1932_ _J&J ilearfield Bit Coal 4s 1940_J&J 81 8514 Ir ffs Coal Va & 97 Coke 1949_M&S 94 1922. FAA Maryland Steel 1st 158 have & t3undusicy BrewingWard Baking Co10 92% Mexican CA C 5s 1926 op_ M&S 88 1st s f g 6s Joel '48 op._J&J 95 n 15 g June 1st 69 1937.__J&D15 92 86 & Midvale Steel Ordnance 51yde SH lst 154 1931 opt FAA 93 90 84% 84% WebsterC&C let g 58'42op_ M&S 84% _M&S 81% Cony f 59 1936_ lel Fuel & Iron 51 55 1943_ FAA 98% 99 Welsbach Co col tr 59'30J&D Motion Coal—See Chic Ind & L Ry p 34 lelorado IndustrialWest Canada Fl Mills Co,Ltd— 108 75 73% Motion Riv Con C&C69'49 A&O 1st g gte S.ser A&13'34opF& A 101 M&S t 99 lit s f Os Mch 1928._ 84% Morris & Co let if 4148'39 _J&J Imputing-Tabulating-Roc Co10o M&S t 98 60 let & ref s f 69 1931 75 85 Mtge Bond 4s Ser 2'66 op A&O 86 Oink fund gold Os 1941 _J&J Co Electric Western 80 95 77 __J&J op 3 75 '22._ So 1932 Ser /ono Tobac coil Sr 40 '51_ _ FAA 97% 96% J&J aft'll op 1st Sc Dee 31 '22 82 Nat Conduit & Cable Inc83 lensol Coal 414i 1934 opt MAN 75 65 Whitmer(Wm)&8ons6s'20_M&S 80 1st M s f Os 1927___A&O 73 Lit & refit g Si 1950._ _JAI) '34 MAN Uti Wickwire Steel—lot Os 98 Nat Enam & Stpg Sc '29 J&D 90 Cony 6% g '23 op aft '16.FAA (17',3.1 98 93% Wilson & Co let 69 1941A&() Nat Starch deb Si 1930 gu _J&J jorn Prod Rots f Si'3i__ MAN 10o3f, 101 91 94% 91 JAB .o74 Cony o f g (Is 1928 National Tube let 5s 1952 MAN MAN Iong 101 1st g els 1934 s f SEATS. EXCHANGE Calof Co Natnman Bith! Iramp(Wm)SousShip&En Sal. bast No 76% Gen & ref Om 1935 _ _ __J&J -• -.... Let M g Se 1929 opt__.. AI&S N It Stock Exch .1,10(1112,000 New Eng Nay—See N Y N Il & El RR 97 ;row Lorick Co 1st 68 1931 FAA 3,500 2;6511 3.800 480 90 N Y Con Stk Ex A&O N I zinc lot 48 1920 laban-Am•Sugar—Ist 169 uotes 4,001 3,000 4,100 Y Produce Ex 1,800 N _MAN 69'28conv 100% N 100% kirBrakeist Y tr.1 J Jan 1 1921 22,01.s, 2:3 0 in 23.500 _ 450 Ex 65 88% N Y Cotton Y Dock Co—let g 4s '51 FAA isdahy Packing Co— 8,000 8,100 7' N Y Cott & Sug Ex 323 85 87 ' N Y& Hob F'y 58 May '46 J&I) let s f gold Si 1940_ _MO 5,000 87 Stk Es Baltimore .4) Flobol'en Ferry Se '46 _MACH 1% g notes July 15 '23_J&J15 10n;(, 101% - .7 oof 10;55. 500 16 150 Ex Stock Boston 7 &J 102 t Y N & '40J NJ —5s Ferry 100 Javies(Wm)Co let Os '26 J&J Chic lid of Trade_1,616 10,650 10,000 10,650 95 N Y Shipbuilding Co— )(moos(W)Wood Co 58'30 MA; 8,400 8,000 77 Chicago Stir Exeb 250 72 letM it 5s Nov 1 1940._ _ 'Millers' Securities Corp— 4,000 35 Cincinnati Stk Ex Bay Co 58 1925 _„MAN 102% 83% Col cv g tie '27 op '08 A&O 3,500 - 3,500 35 Stk Ex 62 Cleveland 65 86 aft'08.M&8 55 82 5s op Coal lara MAN 0' )oinin Coal 5o '40 op '10... 3,500 20 Louisville Stk Ex. 85% 1929.J&J Ogilvie Flour Mills 68 '32 _J&D 100 tominion Iron & 7,500 99% MtnuespCh ofCom 590 99 _ _ _ Series iulop Tire A Rub Goods, Lto 36,000 69 Ex Stk 100% Montreal 100 t 98 Series C its t g Os 1027 opi___ 140 New On Cot Ex 500 14,650 14,000 15,000 Otis Elevator Si '20 op '13 A&O 130 4,200 3,000 4,200 221 75 Phila Stock Exch 80 Pacifie Coast Co—G Si '40 JAD 5,750 79 Muth Stock Ex . 120 84 Park & Tilford s f 68 '36_ _ J&I) 1,000 1,000 1;86i) 50 Ex St Louis Stk Parsons(W Va) Pulp & Lumber 46 25,000 (SanF)itk&BdEx 15t m g Os '20-'24 opt MAN - 500 1.000 500 40 Ex, 97% 99% Wash'ton Stk PeerlessTrk & Mot68'25 MA N in 89 Peninsns,Ltd—Istels'26on MAN 99 96 Pennsylv C & C lot 58'32 opJ&J Pennsylvania Steel — Pa& Md Steel con g 08'25 M&S 100% 101 Span-Amer Iron 68 1927 J&J 100% 101i 60 N'r Basis. I This price includes accruedInterest k Last sale. n Nominal s Sale mice Canadian Prices. 46 INDUSTRIAL AND MISCELLANEOUS SECURITIES [voL. no Stocks. Part Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par.I Ask. Stocks. Par. Bid. Ask. TEXTILE MFG. -----Per share. Minneapolis. Per share. STOCKS. Per Troy Cot'n& Wool'n Share Nor'wes tF& M 100 Elkton Cons North. Mills. Par. Per share 1 23c. 3c. Mfg (F R)_ 500 700 El Paso Gold_._ _5 Acadia M 130 15c. 140 UnionCotMf(FR).a 310 18c. Newark. Per share AcuhsnetMill(NB)a 175 Federal M&Sm_100 11 Utica Knitting_100 110 1434 115 American 5 18 19 Preferred ____100 Am Linen(Fall R)a 160 32 170 3:3 Preferred ____100 95 100 Firemen's 50 225 235 First National American Mfg 100 180 187 Utica Steam & Newark Fire 5 13% Cop Preferred_ _ _ _100 ($3 75 pd)_ 5 87 14 3 90 134 Moh Val Cot M.a 160 165 Prudential Life. 50 450 Franklin Amoskeag Mf (vol25 33,Wampanoag Mills 33/i Golden Cycle untary assn) (t) x 147 1.51 1.53 (F R) 100 200 New Haven. Per share Goldfield Consol Preferred_ ___ (t) z 81 8131, Wamsutta M(NB)a 175 Security Ins 42 45 25 Mines Androscog M(Me)a, 10 s 225 11c. 13c. Weetamoe M(FR)a 175 • Granby Cons M S AppletonCo(Mass)a I k 395% Whitman M (NB)a 250 New Orleans. Per share & P Arkwright M(FR)a 275 100 49 50 York Mfg (Me)_ a 190 Lafayett e 50 210 ArlingtonM(Mass)a' 155 Granite-Bi- Metalic 160 (St Louls)____10 423,-c. Barnard Mfg(FR) a 200 Southern Mills. 45c. Per share New York. Per share. Granite Bates Mfg (Me)_ a s 3l53' Abbeville CM(SC)a 225 103c. 12e. Amer-Alliance _100 270 Greene-C Beacon Mfg(NB)a 125 ananea 10 35 3634 Amer Spinning Co 400 430 City of N Y_ 150 _100 Hancock Preferred._ _ _ _100 100 Cons. .25 6 AndersonC M(SC) a 225 53's 230 Commonwealth 100 300 325 Hollinger Mines_ _5 Berkshire Cot Mfg, Arkwright M (SC)a 360 400 Continental 25 d 79 82 Homestake Min 100 Adams, Mass.. _a 60 240 65 Atl & Gulf C (Ga).a Fidelity-Phenix 100 700 710 Bigel-HartfCarp't a 106 Horn Silver M. _1 110 Augusta Fac (Ga).a 140 160 Globe&Rutgers 100 1000 Inspiration Cons Preferred_ _ _ A00 97 99 Belton Mills(SC)_a 300 325 Great American 100 420 450 BoottMills(Mass) a Copper 20 k 100 57 5634 Bibb Mfg Co(Ga)a 200 205 Hanover 50 d 90 Isabella Border CMfg(FR)a 175 1 43c. 4%c. CabarrusCM(NC)a 150 Home 570 100 Island Boston Mf(Mass)a Cr'k Coal 1 43 k 105 Chesnee M 355 443 365 Mercanti le k _100 6 105 75 Boo Duck (Mass) c Preferred 1 k 1,280 Clifton Mfg (SC)_a 330 81 8034 340 National Liberty 50 d 175 190 Isle Royale Cop_25 BourneMil s(FR) a 170 34 35 Clinton CotM(SC)a 200 Niagara 50 d 210 Jack Pot Bristol Mfg(N B)a 210 1 Courtenay Mf(SC)a 350 Northern 100 102 Kennecott Cop-(t) Butler Mill(N B)_a 2173 3031 Dallas Mfg (Ala) a 200 30% North River_ d 50 60 25 Kerr Lake Preferred_ _ _ _100 115 5 434 Darl'g'n Mfg(SC).a 237 431 248 Pacific Fire 25 d 45 60 Lake Copper_ _ __25 Chace Mills(F R)a 275 300 Eagle & Phenix 431 431 Stuyvesant ____100 50 75 LaRose Cons M 5 Charlton Mills_100 240 35c. 40c. Mills (Ga) 205 a United States_ _20 d 35 45 La Salle Copper_ 25 Chicopee Mfg (pf)a k 99% EnterpriseMf(Ga)a 125 3 331 150 Westchester new 10 d 38 41 Mary MeKinney_l 43c. CityMfgC'rp(NB)a 215 6c. Expos'n C M (Ga)a 255 Mason Val Mines8 Contin'l M (Me)_a s 150 s 150% Gaffney Mfg 231 331 280 (SC) 292 a Philadel Per share. phia. Mass Cons Cornell Mills(FR) a 275 25 531 55 Granitev Mfg(SCia 250 260 Alliance of Phila_ 10 k 25 MayflowerOldCo125 Dartmouth Mfg 831 8 Greenw'd CM(SC a 285 Fire Association_50 s 336 a 338 Miami Copper___5 Corp (N B)_ _100 370 24 390 Grendel Mills(SC a 250 24 300 Ins Co of N A_ _ _10 s 34% Michigan Preferred _ _ _ _100 25 88 91 7 7 Henrietta M (NC a 350 InsCoSta te of k 80% Pa100 Mohawk Davis Mills(F R)_a 25 275 68 King,JP,Mfg(Ga)a 200 Lumbermen's _25 105y, Nevada Cons Cop 5 z6731 Davol Mills (FR)_a 200 15 LancasterCM(SC)a 300 1631 People's Nat s Fire.. 19 New Idria Quicks.5 Draper Corp.. _100 145 731 148 ).6 8 Preferred a 100 Phila Life I 8% New River Co_100 10 DwightMfg(Mass)e k 1384 Laurens CM(l_a 300 19 24 Reliance k 61 50 Edwards Mfg(Me)a Preferred ___100 80 k 121% Louise Mills(NC _a 83 90 100 UnitedFiremen's.10 k 11 EsmondM(RI),pf a Nipissing Mines__5 1131 k 95 113MarlboroCM(S )a 330 370 North Butte Everett M (Mass) a s 220 15 1631 10% Mayo Mills(NC)..a Pittsburgh. Per share North Fairh Mills corn 100 170 Lake 25 75c• Mills Mfg Co(SC).a 200 1 Allemani a 50 Ohio Copper___ _10 Preferred _ _ _ _100 25c. 98 35c. Monarch CM(SC)a 300 325 BirminghamFire.50 Old Dominion. 25 FarrAlpaca(Mass)a s 222 3531 35 NewberryCM(SC)a 400 445 City Fire 50 Flint Mills (F 19_a 275 Ontario Sil Min 100 300 Orr Cot M (SC)..a 834 94 375 German Fire_ 50 Franklin Co(Me)a Osceola 50 k 200 Pacolet Mfg (SC)a 405 25 53 425 Globe Fire 50 GosnoldM (NB)_ _a 128 Pitts-Jer sl8c. Cop_ __ _1 819c. Pelzer MfgCo(SC)a 395 410 Humboldt Fire ..50 Pit & MtShastaCop Preferred 90 44c. Piedmont Mfg(SC)a 430 460 Nat.BenFranklin50 Granite Mills(FRia Pond Creek Coal.10 23 195 PhillipsButtorffM a 150 2331 155 Pittsb Fire 50 Gt Falls Mfg(N H a Portland s 229 1 9431c. Poe,FW,Mfg(SC), a 350 1 Superior Fire Grinnell Mfg(NB a 210 Quincy 25 ,(1911 61% Roanoke M (N c)a Teutonia 50 HamiltMfg(Mass)a 165 Ray Cons Cop....10 170 Saxon Mills 21% zu 335 Union Fire 50 Hamilt W (Mass) a Ross M & M Sc. _1 122% Sibley Mfg (Ga)....a 135 150 UnitedAmerican_ 50 Hargraves M(FR)a 150 St Joseph Lead_10 16 1531 Spartan Mills(SC) a 350 Western Fire __50 Harmony, Mills pf a SantaFe(G&Cop)10 k 97 Tucapaun M (S C)a 400 Hill Mfg Co(Me)_a 113 San Toy 6e. 7e. 1 115 Union-Buffalo M par share. Providence. Holmes Mfg(N B)a 285 Seneca Cop Corp(t) 17% 173 / (S C) 1st pref___ 125 128 Prov Wash'ton_ 50 140 Shannon Preferred by. a 118 10 Victor-Monag Co_a 310 315 Inter Cot M _ _ __50 d 12% ShattuckArizCop10 12 74 Preferred 106 a 108 PAT Richmond. share Preferred_ _ _ _100 Superior & Bost_10 5% 57s 95 Warren Mfg (SC)_a 120 Virginia F & M....25 114 135 Supprior Kilburn M (N B)_a 275 5 5% 25 Preferred a 95 KingPhilipM(FR)a 275 Tennesse e Copper Wash'n M (Va)pf.a St Paul, Minn. share Lancas'rM (Mass)a 130 & Chem temp.(t) 11% 12 140 Webb Mfg (Nash) a 50 75 StPaul F & M _100 520 550 Tonopah Belmont 1 Laurel Lake (FR).a 185 2% 3 195 Whitney Mfg(SC) a 255 Lawrence Mfg(M)a Tonopah 2% 2% (Nev)_ _1 183 Woodside Cot M..a 350 San Per Francisco. share. Tonopah Ext Min 1 Lincoln Mfg (FR).a 2% 231 255 Preferred a 102 Firemen's Fund 100 355 Lockwood Co(Me)a Trinity 2 k 110 23 25 Woodruff M 250 Home Fire & MaLowellBleach(M)_a 155 14c. UnitedGoldMines 1 15c. 157 rine 46 Luther Mfg (FR)_a 180 Un Verde Ext.._50c 41 42 Canadian Mills. Vulcan Fire Ins _ 17% Lyman Mills (M)_a 170 Utah Cons 8% 9%, 5 anomet M (NB)a 250 Utah 74% Copper Co_10 7531 Can Convert, Ltd.a 73% Washing Pe , share. Victoria ton. Mass Cot Mills_ _ _a 2% s 160% Can Cottons, Ltd_a 3 25 93 93% Arlington 10 Mechanics'M(FR)a 185 Vindicator 1 Preferred 83 a Corcoran 70 50 Merch Mfg(FR)a Winona 1% 235 2 25 Domln Text, Ltd_a 125 126 Fireman's 20, 20 Merrimack Mfg 20% Wolverine 21 25 Preferred a 103 German'Amer_ _100 240 (Mass) 75c. Wyandot 1n0 122 127 25 131 Montreal Cottons.a 85 National Union. 5 53i Preferred __ _ _100 Yukon Gold s 82 5 1% 1/s Preferred 104 a Middlesex Co(M).a k 60 Penmans, Ltd.. a 115 117% MARINE INSUR• Mt V-Wood Mills Preferred a k 92 ANCE SCRIP. (Balt) v t r_100 REAL ESTATETR 60 62 Atlantic MutualPer cent. Preferred v t r100 Per share. & LAND STOCKS 92 94% 1918 95 99 Narragansett Mills Albany Tr (Bost). 60 INSURANCE 1919.. 95 99 (F R) 80 Alliance Realty_ 100 265 STOCKS. Nashawena M.100 190 Barrister Hall s' Tr Albany. Par. Per cent. a Nashua M (NH)_ _a (Boston) 260% Albany InsCo__ 50 190 200 MINING STOCKS Per share. Bedford Tr (Bost). a 50 Naumkeag (Mass) ComrderceInsCo 25 170 180 Acacia 2c 1 2%e. BerkeleyHot1T1111 a Steam Cot Co_ _a 3 240 Adventure Cons_ 25 95c. 1 Newmarket Mfg Bd of Tr 131g Tr C 1 a 75 Baltimore. Per share. Ahmeek 72 25 74 BosGr'd R'tTr C 1 a Co (N k 187 Alaska Gold M 10 1% 1% Bost R E T (Bos)_h a NonquittSp(N B).a 190 700 Baltimore-Amer _25 38 Alaska Juneau Osborn Mills(FR).a 165 BosStorW'h'se(B) / a 95 Central Fire_ 10 18% Gold Mining..10 1% 2 Pac Mills (Mass)_a Boston Wharf Co..1 a 85 91 173% Algomah 25 40c 75c. Page Mfg (N B)_a Bromf 65 Bldg T1133) 1 a 280 Boston. Per share. Allouez ______ 25 39 37 Business RETr B) a Parker Mills(FR).a 150 40 AmGoldM (StL) 10 PepperellMfg(Me)a Cent a Bldg Tr s 211 ( )_1 Boston 100 475 500 Amer Zinc Lead & Pierce Mfg(NB)_ _a 400 Chic R E Trustees h a 920-Colum Nat Life.100 116 Smelting 120 18 25 18 Pocasset Mfg(FR)a 155 City Assoc (Bos)__e a 175 Conveyancers' Preferred 55 25 53 City R E T (C)__h a Ponemah M(Prov)a 110 900 Title 100 Anaconda Cop..50 61% Congress St Associ61% Preferred 90 a Mass Bonding__ 82 Arizona Com'cial_5 86 15 13% ates (Boston _1 a 50 Potomska M(NB)a 202 60 Mass F & M 110 Arnold 40c 75c. C'gressSt BlgTr 13) / a 25 Rich Borden Mfg 30 Batopilas Min 20 1% Constitution Wharf Co (F R)____100 225 260 Brooklyn- See N Bingham Mines_10 7 Sagamore Mf Trust (Boston)../ a Bonanza DevCo 10 Copley Sq Tr (B)./ a 25 (F R) 30 100 450 Detroit. Per share. ButteCop & Z vtc.5 Salmon Falls Mfg a Prefrred Detroit F & M__50 Butte & Sup 26 26% Delta Indic Tr (I3)..1 a _10 Co(N H)_ _ _ _100 150 Michigan F & M 50 Calumet & Ariz.10 63% 67 Seaconnet M(FR) a 160 Devonsh Big Tr(13)/ 25 Calumet & Hecia 25 z 385 390 Sharp Mfg(N B)_ _ a 1185 a Preferreed 85 192% Hartford. Per share. Canada Copper..5 1% 1'4 Dwelling Preferred_ _ _ _100 House 118 Aetna (Fire)_ _100 460 Centennial 15 15% 25 Shawmut Cot Mills 350 Assoc (Boston)_h a Hartford Fire_ _100 550 565 Centre Cr'kMin_10 5% (F R) corn_ _ _100 150 East Bos Land (13). 6 Hartf Steam Boll Cerro de 55 56 PasCo(t) 00 Preferred _ _ _ _100 100 East St R E Tr(B) / a -Insp & Ins....100 325 375 Chili Copper____25 18% 18% 80 ShoveMllis(FR)100 175 Ensley 90 Land Co__1 _ National Fire_ _100 450 Chino Copper_ _ __5 30% 37% Essex St Tr (Bos)_1 Skenandoah Cot Phoenix (Fire)_100 490 510 Consol InterstateFactory Big Tr(B)/ a Co (Utica) _..100 142 150 Standard Fire__ 50 75 Callahan 19% 10 19% Fifty Assoc (Bos a Soule Mill (N B)_a 200 3500 215 Con Min &Smel 100 30 30% Haymark Stafford M (F R)_a et Tr 1-33)/ 200_ Life Insurance Per share. Range Cop Con 100 flotiTr,T 45% a 46 'raine( Stevens Mfg(FR)_ a 145 )/ 05 Aetna Cas'ty & Sul 520 Cresson Con G..._1 2 2 Taber Mill(N B)_a 220 Huntington Chain --Aetna Life 100 660 Cripple C'k Cons 1 3-10c. 5-10c Boston)_ _I a TecumsehM (F R)a 300 Tr 65 Conn Gen 100 425 475 Crown Reserve_ _1 44c. 46c. Kimball Big Tr(B)1 a 20 Thomdike (Mass) g k14a Travelers' _100 y 580 620 Daly-West 20 3% 4% LoveJoy'sWhTr(13)1 a 80 Tremont & Suffolk Rights d 120 125 • Dante 1 2% 4% MerehRETr(13os) h a M (Mass) 250 a s 281 Davis-Daly Cop.10 11% Munielpq RETr(13)/ a 70 12 Louisville. Per sent. Doctor Jackpot_1 4% 5 Liberty 50 120 125 Dome Mines_ ___10 12% 12% a Par value $100. 0 Assessment paid. c Par value $700. d Price per share, not per cent. • Par value $500. g Par value $1,00u. $50. k Last sale in First installment paid. A Par value n Nominal . s Sale price. t New stock. s Ex-dividend. fi Ex-rights. s Ex-stock dividend Without par value. . FEB., 1920.] INDUSTRIAL AND MISCELLANEOUS SECURITIES 47 Stocks. Par. Bid. Ask. Ask. Stocks. Par Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. -Per share. share. Per share. Per 45 Old South Big As../ Diamond Match100 12234 124% 24 22% 120 Butterick Co.. _ 100 Am Mch dr Fdy 100 110 85 Oliver Bid Tr (B)..1 a 80 325 23% Dixon (J) Cruc_ 100 n 300 23 43 CaddoCentO&R100 Am Malt &Grain(t) d 36 Paddock Bid Trn1 a 9934 101 83% Dodge Mfg pref 100 80 Cal Pack Corp...(t) d 8334 60 Amer Piano._.100 Pem'tonBldTr B / a 30 Bdge.100 107 Dominion 125% 10634 100 83 Preferred.. 100 8034 Preferred Post Of So Tr (B)_/ a k 97tz Dom Coal pref 100 1% California Am Pneu Serv__50 d 1% 15 PrayBids Tr (Bos) 1 a 64 100 Glass ' 657 Dominion 41% 40% 100 Corp 34 PetrI'm 30 d First pref_...50 65 E Assod (Bos)_ -1 a Preferred_ .._..100 s 90 72 71% 6% Preferred_..100 Preferred .___50d 634 Realty Associates of 91 pref_100 S & I Dom 30 Chic dr Calumet 15 Am Press Assn_100 115 1 108 Brooklyn 75 49 DomStCorpcorn 100 350 Can dr Dock_100 Am Radiator_ _100 325 Som'set if Tr (B)../ a 40 40 duPont (E I) de 125 Cambria Iron___50 d 3934 Preferred _ _.100 116 South St Tr (Bos)_1 a 378 373 N com_100 & Co 53 Cambria Steel.._ _50 d _ _Am Rolling Mill 25 d 5134 35 South Term Tr (B)/ a 9034 r72Debent stk....100 7134 92 Canada Cement 100 96 Preferred..100 State St Ex (Bos)la 60 65 Durham Hosiery.50 d 98 96 Preferred_ _..I00 7% deb pref_ 100 10034 101 500 Suffolk R E Tr(B)h a 100 _100 _ _ 103 223 Preferred_ 22234 100 160 CanFdys&Forg 149 American Screw 100 85 Summer St Tr (13)_/ a /55— 25 d 108 92 Eagle Lock 111 82% Preferred.. _100 79 90 Am Seed Mach _100 term Hotel Tr(B)_/ a 84 77% 89 78 Eastern Steel ....100 Can SS Lines_ _100 95 100 Preferred 1a Preferred pref 1st 100 89 833 83% _100 _ _ 113 Preferred_ 110 _100 Shipbldg_ Am Land texas Pacific 100 Kod J 590 N Eastm 61 Lo"8-6134 CanadianCar&F100 80 79 Preferred ...100 380 Trust certfs ___ 1 370 Preferred _ _ _ _100 106% 101% - Preferred_ _ _ _100 101 Amer Ship & Corntrem't Bid Tr (B) 1 a 40 Edm's &Jones Cor d 31 34 25 Can Con Rub_ _100 merce___(no par) d 2434 85 rrimtn Tr (Bos) _ / 85 Preferred _ _100 90 ..100 _ Preferred_ Sec Smelt Amer AssociUniversity Elec Bd & Sh pf 100 a 88 92 83 Canad'n Explos.100 280 81 Pf Ser A stpd_100 ates (Cambr) _ 1 a Elec Stor Batt_ ..100 129 130 86 8334 63% Preferred_ ..._100 6834 Am Smelt&Refg100 118 Western R E Tr _1 165 Elgin Nat 99% Watch100 175 Locornotive100 Can 98 97 Preferred _ _.100 45 WInthroplIldTr(B) a Elk II Coal Corp.50 d 24% 95 25 Preferred_ _..100 -110 Am Snuff com_100 106 fITLE GUARAN50 d 35% Preferred 41 k 160% 100 90 Canton Co 82 Preferred _ _ _100 TEE & SAFE Ely Walker Dry 106 45% Carbon Steel.._100 100 Am St F'dries 331-3 d 4434 DEPOSIT 100 188 Goods 195 110 100 100 1st pref 93% 93 Preferred .._ _ _100 Per share. STOCKS 1st preferred_100 10134 102% 76 71 100 2(1 pref 42 American Stores (t) d 4134 86 82 kmer Surety_ __ _50 85 2d preferred_100 87 47 45 d Syndicate_25 136 Carib 1343 Am Sugar Refg_100 4 235 Bond dr M Guar100 225 37 Emerson -Branting3634 118% Carriage Fact_ _100 Preferred ..100 118 220 Chicago T & Tr.100 216 100 ham 26 27% 86 85 ....100 Preferred. 92% Tob_100 9134 Am Sumat 175 CitySD(AlbNY)100 160 Preferred _ _...100 84 86 93% Case(.T I) Thresh Preferred _ _ _100 9134 Columbia Title &Ir..100 St Empire 25 30 100 98 _100 _ pref. Mach d 334 534 Am Thread pref__5 (Washington)..5 d 43 Preferred.. _ _ _100 65 70 53 43 270 Casein Co of Am100 Am Tobacco...100 266 131 Fidelity&D (Md)50 d 129 Endicott-Johnson & Lockwood Case 9715 97 ..100 _ Preferred istMg Gu N Y_100 50 d 132% 135% Common Brainard Co_100 210 67% Am Tob Sec _ _ _(t) 6734 8 7% K C (Mo) Casual_ 185- Preferred...._.100 101% 103 47 Celluloid Co_ _ _100 147 44 Am Type Foun_100 Kentucky Title Co Pipe L..100 Eureka 146 150 92 Central Aguirre 88 Preferred _..100 103 Preferred ____100 100 Fairbanks Co....25 d 78 96 20 d 94 Sugar Cos 16 AmVitrified Prod 50 d 15 125 Lawyers' M Co.100 120 .....100 Preferred 98% s 106 94% Central C & C..100 93 Preferred _ _ _ _100 140 Louisvillle Title.100 122 Fajado Sugar.._100 142 80 147 Preferred _ ...100 Am W W & Elec 95 Maryland CasCo25 d 91 Famous-Players30 35 3% Cent Foundry_ _100 Common _ _ _100 234 92 07 Mortgage Bond.100 Lasky Corp__(t) d 81 81% 65 47 Preferred_ _ _ _100 55 50 First pref_..100 217 Nat Surety Co_100 213 Preferred_ _ _ _ 100 90 92% 8934 9234 8 Cent Leather_ ..100 6 Partic pref_ _100 150 NY Title&Mtg_100 143 & Far Ship Tob 107 106 _100 _ _ Preferred_ Am Wind Glass 80 RE TI ns(Wash)100 ...100 Warehouse 5 57% s 104 Cert'n-teedProd (t) d 56 _100 Preferred Tit Ins&Gu(San Fr) 135 1st preferred.100 60 80 90 100 8434 1st pref Am Wind Glass 70 75 MU°Gu Tr(StL)100 100 preferred.. 2d 20 100 2d pref 8034 125 100 Mach 200 • S Casualty_ _100 18 Fay &Egan com100 38 40 Champion Coated 93 Preferred _ _ _100 130 USFidel&Gu(M) 50 d 129 Preferred_ _ _ _100 85 95 225 100 215 Paper Am Wool(Mass)100 15534 156% 80 USTGu&Indem 100 100 Refg Sug Federal 110 106 97 _100 _ _ Preferred 105% _100 _ Preferred __ 10434 Westch & Bronx Tit Preferred_ _ _ _100 106 110 139% 80 Chandler Motor100 139 170 Am Wringer_ _100 & Mtg Guar.100 150 Fisher Body.....(r) 100 129% 100 Chesebrough Preferred _ _ _100 _100 _ _ Preferred_ 95 104 265 Manufact'ng _100 245 a 12 Am Writing Pap100 INDUSTRIAL & Fisk Rubbercom_25 d 42% 43 110 Preferred_ _ _ _100 107 56 Preferred _ _ _100 5534 VIISCELLANEOU S Per share. 100 2nd pref 12 8 27 Chic And Assn_100 Anglo-Amer 011_£1 d 26 31 30 Adams Express.100 Foundation Co (t) d 105 110 & Rys June Chic % 1083 109 100 pf Co dr Armour Advance-Rumely — 28 130% Freeport Tex Co(V d 27% Un St Yd stpd100 4 4 4234 Assets Realiza_100 41% 100 Corn Gail' (Robert) 85 Preferred _ _100 56 57 Assoc Dry G'ds_ 100 70 71 100 Prof 3 % a 100 pref 103 Co 105 94 95% Tool_100 75 Chic Pneu 74 1st pref..._100 Aeolian-Weber= Galena-Sig 011.100 80 83 7434 76 Chic Ry Equip 100 110 2nd pref_ _ _ _100 50 35 Plano & Plan..100 100 104 Pref (old) 108 89 94 100 122 Childs Co Associated 011_100 119 96 03 Preferred _ _ _100 Pref (new).._100 95 99 05 100__ _100 a _ _ Preferred_ Simmons Associat'd ketna Explosives Gaston Williams 20 350 Cin Tob Wareh_100 Hardware ___100 300 New stk (no par) d 03 934 & Wigmore __(t) 16% 17%, 125 116 Yds.100 Ciu Stk Un 93 92 ___100 Preferred 65 Preferred _ _ _100 T 145 160 75 80 GenAmankCar(t) 35% City Investing_100 35 8134 Atlantic Fruit..100 Ajax Rubber.._50 d 81 let preferred_100 96 98 80 90 100 Preferred_ 8 7 S__ S. & Fruit All 87 _100 Co_ 92 Alabama Gen Asph com..100 115 118 275 115 Clev Cliffs Iron..100 250 At! Holding...100 100 100 1st pref Preferred_ ...100 172 180 12% 10 Clev&Sand Brew 100 Atl Gulf & W s 76 2nd prof..__100 Baking....._100 Gen 32 29 30 20 Preferred..._100 165% Ind SS Lines_100 165 50 Albany Corn..100 55 100 Preferred_ 90 93 80 67 70 Cleveland Stone 100 Preferred ...100 Albany (N Y) Safe 100 Chemical... Gen 180 195 99 Peabody100 Cluett, 9334 65 Atlan Lobos011.(t) d 60 175 Dep&Storage 100 165 Preferred_ _...100 98 100 104 Preferred_ .....100 101 140 50d 115 Preferred d 27 30 Allied Packers_ _ Gen Cig com_100 70% 71 38 (t) d 3734 1500 Coca-Cola Atlantic Refin_100 1475 Allis Chalmers Mfg Preferred_ _..100 95 100 100 210 260 _100 11334 114% Collins Co Pref new 493. 100 50 Corn 100 Pref Deb 90 93 41 Ir_100 dr Fuel Colo 4034 158 86 88% Atlas Powder__100 153 100 Prof General Electric100 165 168% _ Preferred.. _..100 91% 8934 Preferred ..100 94 9434 Am Agri Chem.100 Gen Motors._._100 307 308 17% Colt's Patent Autosales Corp..50 d 17 95 93% Preferred ......100 Preferred_ ...100 81% 80 60 Fire Arms M.-25 d 58 33 Preferred .._ _ _50 d 29 4634 Am Bank Note.50 d 43% Debenture stk100 80 80% 123 Col Graph Mfg_ 4534 Babcock dr Wil_100 120 Preferred ____50 d 4434 100 157% 91 92 Gen Petrol Preferred _ _ — 100 91 92 Baldw Loc Wks 100 11834 118% Am Beet Sugar_100 Preferred 103 51 d (t) stock.-New 5034 Preferred _ _ _100 8 100 s 101 88 02 Preferred _..100 Gen Ry Signal_100 60 75 s 59 Comput-Tabulat & Baltimore Tube 100 115 American I3ook.100 105 Preferred_ _ _ _100 65 80 54 52 Recording Co 100 a 90 Preferred ....100 123% Am Bosch Magn(t) d 121 Globe-Wernicke-100 190 335 Foil_ _ _ _100 315 Conley 85 95 d Leath'r_(t) Barnet 87 Am BrakeSh&F 100 10034 Preferred_ ___100 100 105 15 25 96 Consol Car Heat 100 Preferred_ _ __100 d 9134 200 Preferred _..100 168 Goodrich (B F)_100 77% 77% 64 (t) d 62 5 Cons Cigar Bar & Smith Car100 228 234 American Brass 100 225 .._...100 Preferred 83% 95% 8234 100 9534 Preferred 7 5 Preferred. - -100 55 American Can_100 5534 Goodyear Tire & 66 100 126 128 ConsCoalofStL.100 gg Barrett Co Preferred _..100 9834 Rubber corn.100 385 390 6 112 Cons Ice(Pittsb_50 d Preferred_ _ _ _100 109 Am Car & Fdry 100 13734 138 Preferred_ __ _100 100% 101 24 50 d Preferred 205 116 Beatrice Cream 100 195 Preferred _ _ _100 115 pf Mfg 100 Gorham 95 88 30 30% d (t) Consol. Textile_ 104 Preferred_ _ ...100 100 1034 Am Caramel 100 80 Gorton-Pew 7934 28% Cons Coal of Md 100 Bethlehem Mot(t) d 2834 105 100 100 Preferred com_50 Fisheries 28% 29 d 65 67 Co_100 Consumers 92 9334 90 Beth'hem Steel_100 Am Chicle... 100 87 Preferred_ _..100 97 103 91 92 Preferred..___100 97 0734 Class B com_ _100 83 100 79 Preferred 100 Chem. Grasselli 165 170 8634 88% Can100 Continental % 02 Preferred_ _..100 10034 1 130 Am Cigar 100 125 Preferred_ ___100 101% 102 103 Preferred _ __100 102 8% cum cony 83 90 Preferred _ _ _100 46 12% Gray &Davis_ _ _25 d 44 pref 100 11334 114% Cont Candy....._(t) d 12 Am Coal of N J_25 d &Dudley_100 113 Gray 115 13% 106 Continental Mot.10 d 13 Am Cotton 011..100 52 Billings &Spen__25 d 103 5034 100 pf Tea P A& at 95 105 10034 _100 — _ Preferred 440 Co_ b W) _50 E 400 Bliss Preferred _ _ _100 85 58% 545" Great LakesTow100 80 Continental 011.100 525 50 d 60 Preferred A.mCreditIndem100 270 Preferred.. ___100 85% 85 8434 14 Corn Prod Refg.100 Booth Fisheries..(t) d 13 20 35 Am Cyanamid_100 Gt. Nor. Paper_100 300 325 103 104 Preferred_ _ _ _100 73 100 70 1st pref 48 55 Preferred __ _100 420 9 Great West Sug_100 410 117 Costien & Co com_5 d Borden's Con M 100 116 Amer Drug Synd 10 d 1334 14 Preferred_ __ _100 115% 117 4% 5 d 434 Preferred 99 06 gg% Preferred_ _ _ _100 Am Express__ _100 9734 Guantanamo Sug50 d 79 81 & (Wm) Cramp 450 430 100 Borne,Scrymser AmFrultProd pf100 334 434 78% s 79 Gulf States Stee1100 SonsSla&E131d 100 40 35 320 Bost Belting pf.100 American Glue..100 305 let pref tr ctf.100 92% 97% iö 150 ctfs...._ trust Vol 185 Steel_100 Brier Hill Prefer red _ _ _ 100 140 144 37 Hale&Kilburn Corp 110 Crescent Pipe L 50 d 34 Preferred_ __ _100 _ Am Hardware_100 148 151 Common __100 12 60 15 60 50 Crex Carpet_.100 100 Brill (J G) 49 26 Am Hide& Leath100 25 Preferred.. _ _ _100 35 38 94 100 90 Crock-Wheeler. 100 Preferred_ Preferred _ _.100 11634 11734 100 4 HallSwitch&Sig 6 97 101 ___100 Preferred_ 35 33 ...25 d Brass_ Bristol 105 Amer hosiery. 25 d 95 Preferred_ _ _ _100 12 18 222 20 Crucible Steel- _100 221 44 Am Ice Co----100 4 , 4434 Brit-Amer Tob £1 d 19 gg% Harbison-Walker ...100 Preferred.. 9934 19 20 d .1 Ordin bearer. 65 02 Preferred _ _ _100 Refractories _100 118 50 7% Cuba Cane Sugar(t) d 4934 d 73.1, Rights Amer Intern Corp Preferred_ _ _ _100 a 101 s 101% 83 8234 Preferred _ _ _ _100 Full paid _ —100 10934 10934 British Col Fish Corp..100 104 Hartman 106 400 100 440 04% Cuban-Am Sug_ 64 dr Packing. 100 Am-La France Hart, Schaffner 107 Preferred_ _ _ _100 105 101 Fire Eng Inc_10 d 1434 1434 Brown Shoe_ ___100 100 100 Marx 97 & 05 125 120 99 Cumberl Pipe L 100 Preferred_ _- -100 93 9734 Preferred _ _ _100, 00 Preferred_ _..100 115 D H Ilolmes Ltd100 255 Brunswick-BalkeI kmer Laundry Car_ Haskerl3ark (t) 58% d 59 45 40 107 Davis C & C....100 Collender pf_100 103 72 77 Machinery _.100 Havana Tob__ _100 2 4 Davison Chemical 110 Brunswick Term _100 102 Preferred ....LOO Preferred_ 10 12 Corp (t) d 38 3834 8 7 & Ry Sec_ _ .. _100 kmer Linseed_ _100 8534 8434 Hawaiian Corn 105 100 101 pref Co & Deere 99 14.50 97 d Pipe Buckeye 9834 Preferred _ _ _ 100 9834 25 d 65% Sr Sugar 67% 180* 110 D L& W Coal_ _ _50 d 165 gg Burns Bros....iOOt 106 Am Locomotive 100 9834 Ileime(GW)Co100 150 165 110 De Long Hook 98 Preferred_ _ _ _100 l'referred __ _100 104 10534 ___100 Preferred.. 98 102 40 100 20 & Eye 100 Bush Terminal_100 80 Ilendee Mfg_.i00 45% 47% 82 77 Preferred_ _ _ _100 Preferred_ _ _ _100 97 102 Par $ 000. %Tune $10. Last k $I sale. $500. h value value Par a rUrchu,ser also pays accrued int. d Price per share, not per cent. e Par dead. z EY Avidend. y Ex-rights. I Par value $100. n Nominal. o Price per cent of par value. •Bale price. t New stock. u Ex-stock divi t Without par value. 48 INDUSTRIAL AND MISCELLANEOUS SECURITIES [VOL. 110. am. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. I Stocks. Par.I Bid. Ask. Stocks. Par. Bid. Ask. Per share. MacAndrews & Per 'share. Per share. Per share. HerculesPowder100 222 227 Uorillard (P)___100 167 170 Pettib Mulliken 100 35 43 Superior Steel_100 4834 4834 Preferred_ ___100 107% 109% Preferred_ ___100 104 108 preferred_10 1st 0 100 First pref _ _ _ _100 10134 105 Herr-H-MarSafe100 35 45 Forbes 100 160 166 Phelps-Dodge _ _100 232 234 Swan dr Finch__100 100 110 Heywood Bros dr Preferred._ 100 90 95 Pierce-Arrow Mot Swift & Co___100 12534 126 Wakefield Co 100 215 Mackay Cos_ ....100 65 70 Car Corp(no par) d 6934 Swift Internat_1 7034 5 d 53. Preferred_ ___100 5334 95 Preferred.. _ _ _100 64 Preferred ......100 101 6434 106 TexasCompanv 100 20134 203 Hock Val Prod_100 12 15 MagnoliaPetro1.100 425 435 Pierce 011 Corp 25 d 187% 19 TexP'cCoal& 011_ 10 d 109 Holly Sug Co---(t) d 49 112 51 Manati Sugar....100 124 128 Preferred.... _ _100 9574 Thomas Iron_ _ _50 d 30 9434 Preferred_ _ __100 35 96 98 Preferred_ ...l00 101 10234 Pittsb Brewing 50 d 5 Tide Water 011_100 195 474 HolyokeWatPo.100 405 205 Manh Beach Co100 1 234 Preferred ___ 50 d 14 15 Tobacco Prod_ _100 9034 Hooven Owens & 9034 Manhattan Elec Pitts Coal (Pa)_100 603 % 6134 Preferred ___100 102 Rentschler pf 100 105 90 100 Supply 100 48 53 Preferred 91 92 Torrington Co__25 d 70 HoustonOilctfs 100 115 72 120 1st preferred_100 95 98 Pittsb P1 Glass 100 16634 . Preferred _ —.25 d 30 Preferred ctfs 100 31 s 8834 Manhat Shirt___25 d 32 33 Pittsb Steel pf_100 88 92 Transcontl 011_ _(t) d 2534 Div 257 d Preferred % _100 n 100 Plant(TG) prof 100 k 95 Transue Williams & Hupp Motor_ ___10 15% 1534 Maple Leaf M111100 190 196 PlimptonMfgCo100 105 Steel Forg___(t) d 6134 dutch Sug Pltn_25 d 27% 62 Marlin-Rockwell Porto-Rican Am Trenton Pott__100 15 Hydraulic Pr Br100 18 10 83 Corp v c t (t) d 63 68 Tobacco 100 135 140 Preferred ......100 50 543/i Preferred_ ___100 55 55 MartinParryCorpa d 273.4 29% Prairie OildrGas100 650 660 Triangle 5 Film__ ds 8 flhinois Brick...._100 % 34 80 81 Mathrs'n Alkall_50 d 31 35 Prairie Pipe L_100 258 262 Underw Typew_100 175 Illinois Pipe L__100 172 180 177 Maxwell Mot_ _100 32% Pratt&Whit pf..100 3034 98 101 Preferred _ _ _100 10634 115 Imperial Tob of 1st pref 100 60 PressedSteelCar 100 583.4 9934 Un B&P Corp_100 9834 90 Canada com___5 d 6Y 92 8 2d pref 100 26 29 Preferred ......100 10234 10134 Union Carbide 1ndepen Brew'g_50 d 3 May (The) Dept Proc Gamble dr .100 716 720 & Carbon_no par d 7134 72 Preferred 50 d 10 StoresCo com 100 12434 126 New Corn W1_20 d 14334 145 Union Ferry (NY Indiana Pipe L.._50 d 98 100 '1111Preferred.. 100 10534 107 Preferred 100 145 Brooklyn)_100 38 Indian Ref corn 100 225 42 230 McCrory Stores 6% pref_.... 100 10134 102 Union 011_(no par) d 33 3334 Preferred_ ___100 115 120 Common...... _100 27 32 Pullman Co_ _ _100 11334 11434 Union Tank Car100 120 Ingersoll-Rand 100 n 175 125 183 Preferred.. 100 85 90 Punta Alegre Sug50 d 88 89 Un Stock Yds Preferred_ ___100 n 100 105 Merg Linotype_100 137 137% Quaker Oats 100 250 255 So Omaha _ _100 9934 101 Inland Steel_ __100 270 276 Merritt Oil 10 dx 2134 21% Preferred _ _ _100 96 9634 United Alloy Steel t d 4934 Intercont Rub_100 51 , 13 16 Mexican Petrol..100 1973 % 198 Ry Stl-Spring_1 00 99 Untd Cig Stores 9834 flit Ag.r Cor com100 193 20% Preferred.. _ _100 100 105 Preferred ......100 10334 107 Am of cona_100 Preferred_ __..100 150 225 78 80 Mich Limest&Ch25 d 19 24 Reece Button Preferred _ _ _100 111 Inter Button Hole • 140 Preferred 25 d 20 25 Hole Machine 10 d 15 16 United Drug_15 00 0 d 15 40% 1% 143 Sew Machine_10 d Mid States 011_10 d 41 41% ReeceFold Mach 10 d 4 flit Educational 5234 Midvale Steel dr Remington Typew2 1:1 TP);:el 100 Publish'g com_50 d 1 3 Ordnance 50 d 49% 49% Common 100 90 85 United Dyewood 100 55 Preferred 50 d 12% 13% Midwest Refg 50 d 164 166 1st pref 100 Preferred ......100 9934 10034 96 Int Harv (new)_100 127% 129 Mitchell Motors (t) d 42 44 .1st pf ser S....100 9834 10034 United Frult_100 195 Prof (new)_ ....100 112A 114 196 Moline Plow let 2d pref 100 101 Untd PaperB'd _100 22 Inter Merc Marine 24 pref 100 96% Roo Motor Car_10 d 2634 9434 27 Preferred __ _100 68 Common_ _ _ _100 39% 39% Montgomery Ward Replogle Steel....(t) d 43 I Untd Ret 46 Stors_ (t) 8734 d Preferred_ ___100 8734 96 96% & Co, pref 100 108 111 Repub I & Stee1.100 11434 1147% UntdShMachCor 25 d 453/ Int Mot Truck (t) 118 45% 122 New common..(1) d 38 38%, !Preferred ....100 10334 106 Preferred _ ......25 d 253. 1st pref 25% 100 79 82 Morse Twist Drill Repub Motor Tr(t) d 5134 5234 U S Bob & Shut 100 130 2d pref 100 67 69 & Machinery 50 d 210 Reynolds (R J) Preferred ......100 10334 Inter Nickel 25 d 24 24% Mullins Body --(t) d 47 48 Tobacco 100 540 I 570 USCastIP&Fdy 100 20 Preferred_ 21 100 88 90% Preferred 100 97 B Corn 100 415 470 Preferred _100 52 Inter Paper___ _100 53 84 84% Nashville Wareh Preferred ....100 _ 109 107 U S Envelope....100 225 Preferred_ ......100 250 80 107 Elevator....100 23 20 Rome Brass&C100 290 315 Preferred _ .. _100 106 Pref stamped__ _ 110 76% 77 Nat Acme Co___50 d 3734 3834 Royal BakPow 100 140 145 U S Express___100 Internat Petrol_ _El dx 66% 2934 31 68 Nat Aniline & Preferred _ _ _100 923/ 91 U S Finishing__ 100 100 Inter Salt 115 100 70 75 Chemical com100 65 Royal DutchCoNY d 1073 6434 Preferred _ _ _100 % 1073. Inter Silver._ 95 105 100 30 Preferred_ 100 87 88 Saco-Lo well Co_100 220 230 U S Food Prod_100 67 Preferred_ _100 67% 93 96 Nat Biscult 100 118 119 Preferred 100 U S Glass 9834 100 100 Int Text Book_ _100 59 73 75 Preferred_ 100 112 116 Safety CarH&L100 60 62 U S Ind Alcohol 100 10674 107% Iron Prod Corp_(t) d 50 51 Nat Candy 100 170 173% St L Cot Comp_100 Preferred ___100 102 40 Iron Steambt Co.10 d 2 10334 4 1st prof 100 105 109 Rocky St L Mt & U S Play Card _100 225 lsl'd 011 dr Trans 10 d 5% 5% 2d pref 100 106 Pacific Co......100 44 37 U S Print & Litho JRMontgomery 100 100 Nat.CloakdrSuit100 75 76 Preferred _ _ _100 common____ 100 65 55 3034 Jewel Tea 100 18 18% Preferred.... _100 100 102 SantaCeciliaSug 100 84 1st prof 86 13 15 0 Preferred.. _.._100 41% 42 Nat Condult&C_(t) d 10 10% Preferred ......100 2nd pref 80 03 _100 4234 Johnson Tin Foil NatEnam&Stpg 100 81 81% Sapulpa Refg___5 d 634 Realty S dr U Im100 5134 52 & Metal 100 110 120 Preferred_ _ _ _100 101 103 Savage Arms...100 75V u S Rubber__ _100 127 7434 Johns-Pratt Co_100 12734 325 Nat Fire-Proofg 50 d 834 9 Saxon Mot Cor_100 let preferred _100 11434 115 187 1834 Jones Bros Tea..100 25% 29 Preferred.... 50 d 1534 Scovill Mfg......100 400 U S SmRef&Min 50 d 7034 420 701 K C Stk Yds of Me Nat Lead 100 82 83 Sears, Roebuck Preferred ___ 50 d 4034 4738 Common.._ _ ..100 80 84 Preferred._ 100 108 109 dr Co corn......100 224 U S Steel Corp_100 10534 10534 225 Preferred_ 100 70 75 Nat Ref corn_ ....100 360 Preferred 100 Preferred ......100 11334 11334 116 Kayser(Jul)drCo100 s 115 Preferred __100 130 Secur Corp Gen..100 Vacuum 011_100 420 25 1st preferred_100 430 Nat Sugar Refg_100 145 148 Preferred _ .. _100 Vanadium Corp-(t) d 5134 75 Kelly-Springfield 5134 Nat'l Transit 12.50 d 33 34 Shell Transp & Tr £2 d 88 88% Vandalla Coal__100 Tire corn 5 25d 135% 137 Natomas Co of Cal Shredded WheatCo. Preferred __AOC)! 11% 8% preferred_100 10334 104 1434 preferred ___ _100 17 Common __ 138 _100 Victor 133 Talk M_100 n1200 6%cum prof _100 1225 93 100 New Departure Preferred ......100 Va-Caro Chem_100 94 Kelsey Wheel....100 7034 78 7034 82 Mfg pref_-__100 107 Silversmiths Co 100 Preferred ___100 109 55 Preferred_ __ _100 111 97% NJ Zinc 9634 100 272 275 Preferred 100 Va 75 Iron, C C_ 100 Kentucky Wag _100 8834 90 90 9234 New Mexico dr Sinclair Cons 011(t) d Vulcan Detin_ _100 4134 4134 Keyst Tire & R_10 d 3734 25 30 38,4 Arizona Land__1 d 3 Singer Mfg__ _100 163 234 166 Preferred _100 88 Keyst Watch C'el00 93 New Orl Brew 100 5 Singer Mfg Ltd_ ..£1 d 334 Waltham Watch 100 23/ 43 Kirby Lumber_100 20 4334 26 Preferred_ —100 Sloss-Sheff S&I_100 2534 Preferred ___100 7734 82 7834 Preferred ___ _100 84 95 100 N Y Air Brake_100 10734 108% Preferred ___100 95 Warwick I dr St_10 d 8834 Kolb Bakery pf.. _10 84 90 N Y Dock 100 40 43 Smyth Mfg Co_100 175 185 Washburn Wire 100 320 Kresge (S S) Co— Preferred_ _ —100 50 60 Solar Refining..100 350 370 Preferred ___100 106 New stook__ _100 140 108 160 N Y Shipbldg (t) d 45 47 Southern Pipe L100 168 Washington 011_10 d 35 172 Preferred.. ___100 103 40 110 N Y Transit.._ _100 d 184 South 188 Penn 011_100 320 Wash 330 bilarket_ -50 d 1734 Kress (SH)dr Co100 80 Nicholson File..100 325 360 SoPortoRicoSug100 230 Wayland 250 011 Ar G-5 d 4 Preferred....__100 10034 110 43.4 Niles-Bem-P'd ..100 107 109 Preferred ......100 110 WelisFargo&Co 100 116 52 La Belle IrWks.100 110 53 Preferred _100 95 100 S'west Pa P L..100 Weisb'chCo com100 97 100 Preferred_ ___100 124 Nor 125 & W Stboat100 190 Spicer Mfg Co 10 WestingAirBeke 50 d 117 115 Lackawanna St_100 118 — 83% 84% North Amer Co_100 57 57% 1st prof 0 1 12 West'house,Church 115 Lake Sup Corp..100 20% N. A. Pulp dr Pap.t d 6 203/i Stand 6% Coupler_100 15 Kerr dr Co-100 n 50 10 Lake Tort) Boat..10 ds 60 s 3% Northern Pipe L100 102 105 Preferred 100 Preferred _ _ _10 50 0n 80 d 7 90 Lake of the Woods 05 4 85 Nova Sc St dr C_ 100 70 70% Stand Milling_100 140 West'hseEl&Mt.50 d 54 150 Milling 54% 100 y 180 Preferred -100 106 Preferred 100 85 Preferred........100 101 70 Ogilvie Fl Mills_100 26934 Stand 0.11 (Cal) 100 322 Wes f Coal_50 d lettmP orr' ed 25 0 39 Landers, Frary Preferred_ ......100 104 Stand 011(Ind)_100 z 715 W Va Pulp&Pap100 150 725 & Clark 225 25 d 623 65 Ohio Fuel 0111d 30 Stand Oil(Kan) 100 640 Weym-Brut Co.100 107 665 174 Rights d 7 7% Ohio 011 25 d 357 302 Stand 011 (Ky)-100 435 Preferred ......100 455 98 102 Lanst Monotype100 Okla 85%, Prod & 8434 Ref--5 d 9 934 Stand Oil(Neb) 100 515 Wheeling 5 13 1 % 5 Mold Laurentide Co ..100 270 Old Domin SS__100 90 105 Stand Oil of NJ100 750 NewFd y nperw eferred0 corn.... Lee Rub & Tire (t) d 3434 41 40 0 &758 35% Otis Elevator_ _100 133 137 Preferred _ _100 115 Lehigh Coal & 91 Preferred_ ___100 90 95 Stand Oil 0fNY100 430 Wheeling St & 1100 161 435 162 Navigation —..50 d 6234 64 Otis Steel (t) d 3734 37% Stand 011(Ohio)100 530 White Motor___50 d 6034 550 Lehigh Val Coal 0134 Preferred_ ......100 98 100% Rights Willys-Overiand 25 d 2834 12 Sales 2834 50 d 85 90 Owens Bottle......25 d 5934 60 Preferred.. _ _ _100 d 111( New pref___1C0 112A ) ) Leh dr Wilkes09 90 Preferred....__100 100 98 Standard Sanitary Wilson&Co vtc.1C0 74 Barre Coal_ _ ....50 dn200 7334 Pac Coast Co.. 100 225 Mfg corn........100 45 25 Preferred __ _100 3 200 95 98 Libby, McNeil dr 1st pref 100 60 100 Preferred _100 Winchester Co 8 107 Libby 10 d 27 2d pref 27% 100 45 60 Standard Screw 100 340 Common 355 _100 400 Liberty Mills_ _100 100 Pacific Develop 50 d 7334 105 75 Preferred A..100 108 let preferred_100 99 Library Bureau..100 80 Pacific Mail SS..100 d 3634 38 Stanley Rule & 2d preferred_100 72 67 Preferred._ ___100 104 Packard Motor_ -10 dx Level 25 (NBrit)100 • Woods 460 Mfg......100 104 Lig&MyersTob_100 195 210 Preferred_ 100 96 96% Stanley Works 25 d 122 125 Woodward Iron.100 48 42 Preferred_ ___100 107 109 Pairpont Corp_100 170 Steel Co of Can.. 100 82 Preferred 8234 90 80 Lima Locom___100 80 Pan Am Petrol 85 Preferred _ _ _100 Woolw'th(FW)_100 123 99. 123 Preferred _ ___100 94 97' dc Trans com-50 d 9234 0334 Steel dr Tube pf _ 100 n 95 Preferred _....100 11234 113 98 Lindsay Light 10 d 734 Corn class B-50 00 9234 Stern Bros pref..100 101 World Film 103 5d Preferred 10 d 10 Preferred _100 OYi s 164 Stetson (J B).._100 Worthington Pump s 325 Lit Brothers_ 10 d Parish&Bing.ham t d 4334 Preferred ......100 44 Mach c_100 150 k & 03 v t 94 Loew's Inc 30 (tS 31 PeckStowdrWilc 25 d 44 Stewart-Warner 46 Prof A v t c....100 00 02 Loft Inc (t) d 22% 23 PennCoal&Coke 50 d 34 Speedom new (t) d 4334 3534 c-100 v Prof 73 B t 44 75 Loose-WilesBis_100 65 69 Penn Salt Mfg__50 d 75 Stromberg-Cairs 25 d 30 76 Yale & Towne_100 265 35 275 1st pref 100 100 983i PennSeab'sSteel d 32 33 Strotnberg Carb(t) d 7634 Young (J 13) Co_100 130 77 2d pref 140 100 114 120 Penn Traffic....234 d StudebakerC orp 100 Preferred _.._100 105 105 95 Lord & Taylor..100 105 40 50 Penn-Mex Fuel..25 d 63 Preferred _ _ _100 101 67 P&refeTruredbe-_ Youngstown -_-__00 e 00 e Sh1l t 104 1st pref 100 90 100 Penney (J C) Co— Stutz Motor Car(t) d 130 2d pref 376 100 80 90 Preferred _ ___100 92 95 Submarine Boat (t) d 1434 13 14 5 108% 109 a Purchaser also pays accrued dividend. tAsseesment pa d. d Price per share, not per cent. Last sale. n Nominal t Ex-Stockadividend. a Ex-cash and stock dividend. a Ex-divi a Sale Price dend. y Ex-rights. t Without par value. 49 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 oases be added on. There are a very few instances which form exceptions to the rule-that is, where the prises given are flat prices, the accrued interest having been taken into account in making them. These are indicated by a special mark, thus W. The figures in the column "to net" indicate the basis on which the securities sell or the interest rate which the securities held to maturity will net to the purchaser at the present market price. Ts To Bid. Ask. Nil Bonds Ask. Net. , DELAWARE 4.80 SanJoaquinCo 55'20-'49 J&J 4.60 4.80 3s Dec 1 1927 opt '02 J&D San Mateo Co 55'20-'42.J&J UNITED STATES-Se e also page19 6-34J&D 4.75 NewCastleCo4%5'2 Sch gold Barbara-581 Santa /5 Pan Can Nov 1938._Q-F '24.J&D 4.75 45 Ref Dec'20 to 4.80 1920 to 1941_Jan 10 91 18 Conversions 1946-47__Q-J 89 J&J 4.75 1920 3%8 4.80 F&A 1943_ Aug gold 4%8 A-J Is Treasury notes .65% 4.854 b A&O '22_ 4.80 Wilmington-43.s Stockton S D 5s '20-'21_J&J Instrumentalities of U S Gov t-4.854.65% b _A&O 1934_ Sew dz 4%5 St 50. page CANADA-See 100 Fed F'm L 4%5'37_M&N 98 A&O b 4.854.65% 4%5 1928-1937 COLORADO Fed F'm Loan 55'38_ M&N 99% 101 4%8Bidg-Con '53-62 M&S b 4 854.65 --98 M&S 96 45 1922 opt 1912 Fed F'm L bonds issued by b 4,854.65 0 Apr '25A&0 4s St & Sew 99 Boulder 5s Sept 1 1926_ M&S 98 First Jt Stk Ld. Bk, Chic DIST OF COLUMBIA Canon C'y 55 '31 op'21M&N 98% 100 102 M&N 100 58 1937_ 97 100 _ A & F 4.80 3.655 Fund curr 1924_ Colo Spgs 45 '29 op '14_ M&S Liberty Jt-Stk Land Bk FLORIDA 4.80 48 Ref Water Mar 1 1941.. 101 K,55'38M&N 99 _ 5.255.10% b _ ._ Dade Co 5s Oct 100 9-- Delta Co 5s ref'30 op'20J&D 99 U. S. Possessions-See Fore gn Go vi. p. 4op'12MdzN 5-Duval Co 5%5'321947-54• DenverALABAMA • J&D 5 55 Road 1939 102 55 Aug 15 1928_ _F&A 15 100 101 98 43s Renewal 1950 J&J 5 55 Armory 1944 and County)Denver 93 4755City *8 renewal Cl C 1956_ __J&J 90 Everglades Drainage Dist97% 7 4%8 Water Nov '48_MdzN 963 335 renewal Jan 1956_ _J&J M&N b 6% 5 %,% 1923-1935 65 5 County Garfield Birmingham 65 ref '23_ F&A 5-Hamilton Co 5s Feb 7'48 99 100' 5 55 refdg May 1933 opt '23_ 5%8 March 1 1927._ M&S County Hernando 99 98 '21_J&J opt '26 55 5 Jct Grand 58 Improv Sep 15'21 M&S 97 58 Fund&Highw 1944_J&J 95 97 5 Lake Co 48Noy'21op'11A&O 95 J&J 55 School 1924 Jacksonv 55 May 15'24.M&N b 5%4.80 7 98 Las Animas Co 4%s'31_J&J 97 5 J&J 58 Sewer 1938 5% .80% 4 b _J&J '36_ 1 Jan 5s Improvt 95 5 Ouray Co--45'21 op'11 F&A 85 55 Fund Sep 30'41M&S 30 4.4s Imp Nov 1936_M&N b 5% 4.80% 4.90 Pueblo 6,8 Sept 1 1921_M&S b 5% 4.80% lefferson Co-6s 1921__A&O F&A b 5%4.80% 4 5 Feb 1937 4.90 PuebloCo4 sref'31op 21J&J b 4.90 4.75% J&J 55 July 15 1020 S D No 1Jacksonville 4%5 20 I No D 4.90 Co Pueblo 55 1949 5 55 April 1045 M&S b 5% 4.80% 1932 4.90 J&J 4A5 July 1 1931 J&J 5.10 1942 55 Key West 98 100 opt '22_A&O '32 53 4.90 Trinidad Hospital 1083_.J&J 4 J&J 5.10 Miami 5s 1920-1944 CONNECTICUT IS go e-58 Sewer 1942M&N 5.10 A&O 43( Orange County 58 1944_J&J 5 *3%8 Apr 1934 J&D 55 School 1943 1941.A&O 5.10 ref 435 Pensacola 97 J&J 5 *45 July 1936 55 Dock Nov 1 1947_M&N 1921-40_ 5.10 Road 55 Co Polk 5 Bridgeport M&S 55 Refunding 1049._ 5.10 St Petersburg 5% 1949_J&J 4%8 Bridge 1920-65 _J&J b 4.85 4.65 5 4gs Refunding 1937_A&O 5.10 Tampa 58 June'55 op'25.J&J 5 43, 5 Hgh Sch '21-'63 _J&J b 4.85 4.65 4 5 Water & Sew '30..J&J J&D op'32 5.10 '62 58 Mun Imp 15 Sewer 1922-46_A&O b 4.55 4.65 *43, 5 go le Co 55 ref 1928_ _M&S FOREIGN GOVTS 335Improvt 1920-41_J&J b 4.85 4 65 5 55 Refunding 1031.. J&D ___ Anglo-French 55'20A&0 15 95% 05% *55 Constr'n '24-'48_J&D b 4.85 4.65 5 58 Road Feb 1932_ F&A RepublicArgentine 4.75 1939_J&J Water 438 5 Bristol _M&N 55 Nov 1 1047_ Internal g 55 of'095f M&S 72% 724 ... 4.60 5 Danbury 45 Water 1946_J&J 45 C H & Jail 192-6-___J&J 993 .. bds May 15 1920 983 6% Treas 4.75 A&O '41 Oct Funding 3%8 5 J&J 1ontgomery-68 1024.... 1 Belgian Government5 East Hartford55 Street Pay 1923___J&J 98% 1921_J&J Ext'l 993 6 notes 4.50 M&N '27-'46 School %s *4 J&J 55 Funding 1940 3 96%, 6% notes Ext'l 1925_J&J 95/ I East Hartford Fire District 4%5 Water 1928____A&O 4.75 British-Con82%8 op'23.Q-J 1 49% __ _ _ 45 Water June 1933.._J&D • 4%5 Sch WW&Sew'44J&J 85 '25-'45J&D Loan War I 455 Hartford5 Nfontgom'y Co-58'35_A&O 4.60 3%5 ConnItlyBdge'55 J&J 53% g notes 1921__M&N 94% 943' 5 Selma-58 '27 opt'lOM&N 87% 87% F&A 1937._ 1 Feb g 8 5 40% : 4 45 Water June'30-'39 J&D b ARIZONA 5 sgconyNov1922_F&A 93% 94 _ *4s Water 1940-45_ _J&D b 4.50 43is ref Apr '38 op'28 J&J15 94 93% 1929_F&A Aug cony ag 5 -Ois Munic Bldg '33M&N b garicopa County S D No 1 *4%5 PermImp'20-27J&D b 4.90 Mar 4,36% ___ Chinese Government55 March 1933 Nov notes Treasury 6% 4.90 Hartford School Districts Phoenix 4%5 1050 op '30J&J M&N 1921 4.40 *4g Arsenal '20-'47 M&S 4.90 35 School March 1933 48 Hukuang Rye 55 Z_J&D15 47 4.30% *4 s Northeast 1959 J&D b 4.90 55 Jan 11054 opt 1934J&J 55 of 1896 £ red on or 4:60 4 5 Northwest 1945 M&S 4.90 155 W W 1921-1950___J&J 80 A&O 1933 before 4.40 *4 5 2d North 1944_ J&J 5 J&J Prescott-55 1948 438 of 1898 £ red on or 4.70 3 South Sept'55_ M&S 5 Tucson-58 Water 1950_J&J 70 M&S _ . _ before 1944 4.60 5 4%8WWMar10'38 M&S10 45-is Southwest 1944 M&N 92% 4.40 Cuban 55 1944 op 1911_ M&S 913 *4%8 Wash't'n'26-'47 J&J ARKANSAS 1913 28 Nov 55 "Internal" 4.70 4s West Middle 1937_F&A Ft Smith-5s 1926_ __Adz° 80 M&N 28 78 optional 1 Meriden (City)55 W W 1020-1926__M&N 76% "Ext'l" g 4%8'49 op_F&A 753 4.75 4%5 Water 1920-25__J&J St Francis Levee Dist"Ext'l" g 55 1949._ F&A 84% 87 i 5.25 Meriden (Town) 68 Oct 1 1943 opt '33.J&J 96% 63 963 1919____J&D Treasury 4.70 J&J 4s Funding 1920-35_M&N 5.25 65 1947 opt 1937 1 Dominican Republic5.25 Middletown (City)J&J 5%5 1945-1964 82% 77 Cust's adm 8 f 55 '58_F&A 4.70 3%5 Impt July 1921..J&J J&J b 5.20% 53-i5 1950-1969 4.70 France (Republic of)45 Water July 1922 _J&J J&J Se 1949 opt 1929 red not Loan National 5% 'Middletown (Town) CALIFORNIA $75 before Jan 1931_ _Q-F 16 v$70 4.50 HR Aid Ref'24 J&J t sUnIvbldgJan5'21-65J&J b 4.65 4.55% 4.50 Hawaii, Territory of....*45 RR Aid Ref 1930_F&A te Highw 1036-41__J&J 3 b 4.65 4.55 104 4.20 I 4%5 Sept 15 1949_M&S15 New Britain (City)15 HarbTlmp 1985 op'50_J&J b 4.65 4.55 96 4s Imp '41 opt '31_ __F&A 91 4.75 3%5 Sewer .July 1932_J&J Is Highw July 3'20-'61_J&J b 4.65 4.55 0 .-90 48 Imp Sep3'42op'32_M&S 91 4.75 4.80 , 48 Munic Bldg 1048.. J&J Alameda-45 '20 to '41_J&D 96 91 '313.M&N op '46 15 May 45 4.75 4.801 438 Water Aug '41_ F&A 435 Mun Imp'20-148A&01 96 4s Aug 1947 opt '37_ _F&A 91 1 4.80 New Haven (City) Bakersfield 55 1920-52_A&O, 96 3%s Imp '21 opt 1911.J&J 91 4.70 4.80 3%5 Funding'25-'35_A&O Berkley 58 1942-1951_ __J&J 4.40% -- -1 Italian Government4.80, 48 Sewerage 1920-29_A&O 55 School 1021-1055.. _J&J ... . _ bds(Sept'16) g 10-yr ° 4.65 5%9 3Paving Mar 1936M&S 4.80 ; 41 Los Ang-4%5'20 to '35 J&J 5% Int 1926-1941____J&J u $80 $65-4.35% --Pavi Aug '37 F&A b Paving 4.80 , *4 43.s OR Dec31'20-37.J&D Japanese GovernmentImpt Mch 15 4.801 *4 4 s Harb Imp'20-'51J&D 7334 8 £'25 opt'10_ F&A15 a 73 4.30% .-4.80 M&S15 b '27-'35 43e El plant '20-'51_J&D 4 5 £ 1925 opt 1010(2d 4.80 New Haven (Town) 4s Aug 1 1023-42._F&A J&J 10 a 71% 72 series) 4.50 4.80 *3%8 AirLRR '20-'29 J&J ann 1920 to'45 M&N 48 £'54 opt'10.130 & D31 e4.80 New LondonJ&J 45 1920 to 1930_ -89-4.75 4s £ Jan '31 opt after 1921_ -5i3%8 Water July 1926.J&J 4.80 -4-1.A&O 3s Water'20 to' Govt 55 '20-130.F&A 4.75 Neth'd Bldg 1933.. A&O 4s 4.801 Munic Sell 1920 to '44_J&D 43 4.75 Philippine Islands4%5 Park July 1942__J&J 4.80 Los Ang Co;110'20-'49 F&A 95 45g L Pur '34 opt'14_Q-F 90 4.80 Norwalk (City)._ Oakland-5 8 '20-'43_ F&A 95 45 P Wks & Imp 1935.Q-M 90 4.55% 4.80, 3%5 Water July 1929.J&J 4 Mun Imp'20-'43F&A 95 90 F&A '16. opt 1936 Impt 4:78 '45 1 Ref _J&J 48 4.80 J&J Sewer '27-'28_ 1920-47_ Jan 15 43s 95 4.50 45 gold Dec 11946..__Q-M 90 *4%8 Improvt '20-'39 J&J 4.80 45sSch&cJno'20-'51.J&D Philippine Ry-see under Steam RIts Norwalk (Town)Oakland S D 45 '20-'44_J&J b 4.90 4.80 92 97 4.70 Porto Rico-4s 1921-33_J&J ! 4%5 Bridge June'42_J&D Orange Co 55 1920-45._ M&S b 4.90 4.80 97 43 Jan 1 1937 opt '22.J&J 92 Pasadena-48 Jan'21-'42J&J b 4.90 4.80 -- Norwich97 92 43 Jan 1 1944-1950.. __J&J 3%8 Funding 1925__J&D b 4.904.70% 430 Wat Pl't'20-'36_A&O b 4.90 4.80 92 97 ...J&J 1020-1056. gold 70 4. 90 4. 4s b _A&O b 15 1931_ & Sep Gas Elec 4.90 435'20-'22 45 4.80 Pasad S D 92 97 45 Road 1927-1930___J&J 4%,8 Water Mar '39 M&S b 4.90 4.70 Redlands-5s 1922-51_ _J&J b 4.90 4.80 97 J&J 92 45 1927-1930 reg 43,5 Refunding 1938 A&O b 4.90 4.70 __Riverside 55 1920-53___J&D b 4.00 4.80 15 Russian 48 of 1902 opt _ _Q-M _ Putnam (Town) Riverside Co 55 '25-'54 M&N d 4.904,80', '57 13 43 Jan Wladikawkas 4.75 b opt, 80 4.90 . 4 4s Water '22-'46__A&O Jan'21-'45 45 Sacramento 20 optional 1916. ___J&J14 10 ---• Stamford (City)4%5 Sew & Dr '27-'34 J&JIb 4.00 4.80 32 6 credit Jue17'19J&J 0 31 4.70 ..., 48 Park May 1042.. M&N Sacram'to Co 4%5'20-46J&D,b 4.00 4.80 $32 327 F&A14 '26_ Int Loan 5 -•1 Stamford (Town)SanDlego 58 WW'20-'54A&01 b 4.90 4.80 0 32 31 Dee21_J&D Ln Ext 4.70 5% _J&J 80 4.90 . 4 J&JI 1921-45 School 43-8 , 43s 1920-1941 $70 4 0 Int Loan 1024_Q-M 14 4.70 Waterbury3%8Sch'21-32J&J 4ijs Wh & liar '21-'52J&J1b 4.90 4.80 70 4.70 Swedish 4-3%8 1920_ __F&A 50 San 4rancisco 58 g'20-'55 J&J:b 4.90 4.80 48 Park July '20-'58. J&J 95 Os June 15 1939....J&D15 93 4.70 4%5 City Hall '24-'63.J&J 55 Munic 1920-1960_ _J&J 1 b 4.904,80'. 4.40% --_ Switzerland 48 optional.J&D _ _ _ M&N 1b 4.90 4.80 55 1020-1039 *4%8 Water '49-'93 _J&J 99% M&S 5 notes 1920 A&O,b 4.90 4* 80 0 4%5 April 1922 West Hartford90 5 s Aug 1 1929_ F&A 88 4.70 3s g July 1 '20-'44J&J b 4.004,80 4%5 Ref & Imp 1943_J&D -h On the basis of $4.86 2-3 to the £. 11n London Basis. c On basis of $13 to the .C. d On the basis of 4 marks to the dollar. .1 Flat price n Nominal. s Sale price. 1 Dollars per 1,000 rubles, flat. u Dollars per 1.000 lire, flat. s Dollars per 1,000 francs. * Tax free in Connecticut. Bonds Bid. To Ask. Net. Bonds Bid. • NO OA • 5.251 ••••• 50 STATE AND MUNICIPAL BONDS Bonds To Ask. Net. Bid. United States of Mexico51; g Ext Ln Ref '45...Q-Jan J&D 48 gold 1954 Bonds Albany-5s 1945 J&D 35 Athens-5s 1922 M&N 35 Atlanta4%s 1922 J&J b 4 s Jan 1 1940 J&J b 4 s Sewer 1921-'40 J&J b 90% 4s Water May 31 '23_J&J b 70 35s July 1 '31 & '33_ _J&J b 82 Augusta-5s 1921 M&N b 102 4%s Red May 1 '24_ M&N b 101 4%5 Flood Prot '42_M&N to 901 4s refunding 1934....ASO' b 905 33s April 1930 A&O b 91 Brunswick-5s Jan '21_ J&J Clarke Co 5s 1923-'41__J&J •___ Columbus 5s 1920-'22_ _J&J b 5s W W 1920-1944_ _.Lir‘l b 4%s Refunding 1939_J&Jib Macon-5s July 1923_ __Q-JI b 7% 44s Oct 1926 Q-J b 95% 4J.sWW 1920-'36_ _J&J b 4s Pay & Sew '20to'39_J&J b 59 Rome 4345 1926 J&J b 4s Munic bldg '25-'39 A&O b Savannah-43.s ref '43_J&J 98% 4 s Drainage 1944_ F&A 94% 4 s refunding 1959__F&A 97% Spalding County94 5s Dec 1 1923-1930__J&D 92% Valdosta 5s 1921-'42_ _Jan 89 90 90 IDAHO 91% 4%5 Cap Bldg '30-'39 __J&J 92 43s May 1 '31 op '21.. __J&J 94 4s Highway '35 op '25 J&J 4 4s Highw '37 op '27_ _J&J 94 4s Jan 1 1934 op 1924_ __J&J Blaine Co 5s Feb '22-'31_J&J Boise City 55 '22 op '12_J&J 7 BoiseC'ySD5s'25op'15M& N 7 Shoshone County7 5s 1920 to 1924 op '15_J&J 7 To Ask. Net. Bid. [VOL. Bonds Bid. no. Ask. Nei. 4.75% 4.75% Council Bluffs4%s wat-wks '20-'30 M&N 5 4%s Fire Eng H'se '21 J&J 5 4.80 4.70 -:... Council Bluffs School DistFOREIGN CITIES, &o. 4.80 4.70 4s ref Ju1y2'20 op '15_J&J 4.70 Amsterdam 4s 1900-01_A&O 4.80 4.70 0 Crawford Co 5s '22-29_ M&N 4.60 Bordeaux(City)6s '34_ M&N 90% 4.80 4.707 Cushing 5s School 1939M&N 4.70 Copenhagen 4s of 1901.M&N 1 66 4.80 4.70 Davenport 4s 1920-'29 M&N 4.60 5%s Munic. Ext. '44.J&J 80% 4.80 4.70 DavenportSD43.5 1921 J&D 4.70 Havana-lst 6s 1939___Q-J 98 4.804.70 4s Sch Bldg 1925.__J&J 4.70 Q-J 97 2d 6s 4.8 4.70 Des Moines is '20-'21 Lyons (City) 65 1934..M&N 90% 4.8 4.70 55 Municip 1920 1957 J&J 4% Marseilles(City) 63'34 M&N 903,g 4.8 4.70 44s 1920-1031 M&N 43 Paris (City of) 6s'21_A&015 91 98 -100 4s City Hall 1920-26..J&J 434 Rio de Janeiro4:80 Des M Ind S D 4s'32_J&J 4.70 6s-Ext'l ser 1922-31 M&N b 7% Dubuque Co 43is '21-'31J&J 4.804.70% 4.60 San Juan (City of) Porto RI co4.804.70% _ Fort Dodge58 Ref & Imp 1922-36_J&J b 5% 4.80 4.70% 5s Funding 1030 A&O 4.60 Sao Paulo (City), Brazil4.80 4.70 ___ Fremont Co 55 '20-'35_ _J&J 4.60 67 0 Ext g bds 1921-28 J.Sr.1 b 8% 4 804.70 Greene Co 55 1920-25_ A&O 4.60 6% Ext s f 1943_ M&N 4.80470 0 Jackson Co 5s 1920-30_A&O 4.60 Tokyo (City of) 55 of 19124.80 4.70% ___ Marshalltown Ind S DRed ann a f beg'17-52M&S 583 5% 4.80 4%s July 1922 4.75 J&J CANADA-(New York Pri ces.) 5% 4.80 5s City Hall 1925-39.M j &N j 4.65 Dominion of Canada4.70 O'Brien Co 5s 1920-25_ F&A 4.65 5%7 0 gold notes 1921F&A 98 4.70 Ottumwa 4%5 June 1936_ 4.70 % 5 5%% gold notes 1929 F&A 94 4.70 Polk Co 4%s '22-'32 A&O 15 4.70 5s 1921 A&O 97% 4s Court Erse '20-'24 A&O 4.70 A&O 93% 5s 1926 4.80 55 Funding 1929-35.. _J&J 4.70 A&O 91% 5s 1931 5 WaterlooM&S 87 5s Mar 1 1937 4%s W W Jan 15 '30_J&J 4.70 53s Vict Ln Dec '22_J&D 88 Woodbury Co 59 '25-'32_ J&J 4.65 53s Vict Ln Nov'23M& N 88 KANSAS 534s Viet Ln Dec'27_J&D 89% 4.65 Atchison Co5%s Vict Ln Nov'33M&N 90 4.65 4s Refund '29 op '14.. _J&J 4.80' 53s Viet Ln Dec'37_J&D 92 4.65 EmporiaAlberta, Province of4.65 43s Dec '29 op '19_ _F&A b 5% 4.80% 5% deb May 1 1925_ M&N 91 4.65 EmporlaSD4%s'32op'22J&J 4.80 4%% s f deb 1924F&A 87% 5 Ft Scott 4%s'35 op '10_ M&S 4.80 Calgary 55 1933 J&J 5 Galena5s June 15 1935_ _J&D 15 5 5s W W 1920-1943___J&D b 4.904.80% 5s July 1 1945 J&J Hutchinson-5s 1031_ _A&O 4:go Galt 4{s Apr 18'31_A&O 08 5 43.s Pub Bldg'61op'31J&J 4.80 4%s ElPow.Pne5'31 J&D5 Kansas CityGuelph55 Feb 1 1920-1925_ _ F&A b 4.90 4.70 7 55 Cons debt 1920____J&J ILLINOIS 43is Wat&ElL '20-22 A&O b 4.00470 Halifax N S 4s July 1945_ 6.25 Chicago 4s 1921 to 1924..J&J 4.75 4 s Sch Bldg 1029.:_J&J1b 4.90 4.70 6.25 55 Jan 1951 J&J 45 World's Fair 1921_ _J&J 4.75 4 s Wat Plant Pur'39.T&J b 4.90 4.70 Hamilton 4s 1922 A&O 6.40 4s g 1921-1925 J&J 4.75 4%5 Refg Feb 1 '29_ F&A b 4,004.70 6.25 4s Apr 1 1932 A&O 45 g Judg 1921 to '24 _J&J 4.75 Leavenw-4%s '20-'21_J&J 4.80 6.25 4s Elec L & P 1941__A&O 45 g Gen Corp '22-'25_J&J 4.75 Morris Co 4%s '20-'23__J&J 4.80 6.25 Lachine P Q 5s 1954 ..J&D J&J 45 1921-1931 4.75 Sedgwick CountyMaisonneuve Q4s Ref Wat 1922-1935_J&J 4.75 5s Fund 1925 op 1915 J&J 4.80 6q 4s Jan 1930 & 1931 _J&J 5s May 1 1930.__M&N 4.75 4%s B'ge Oct'27op'17 J&J 4.80 5 s May 1 1936._ M&N _J&J 4s Jan 1937-1939 4.75 Shawnee Co-45 1924_M&N 4.80 F&A 6.60 So Park 4s '20 to '24.J&D Manitoba 5s 1920 4.75 Topeka6.60 48 gold 1930 M&N Lincoln Park 4s 1923_,T(ItJ 4.75 5s Top Writ Sept '26....J&J 4.80 48 Drainage July 1 '29 J&J 6.60 No W Pk 435 '21-34 J&J 4.75 4%s Elec Light 1929_J&J 4.80 MontrealW Chic Pk 4s '20-'31_J&J 4.75 4s Water April 1 '24_A&O 4.80 J&D b6 7 5s Dec 1 1945 0 6.25 Chicago Sanitary DistrictTopeka SD 4s Jan 1925_J&J 4.80 58 s f Nov 1 1956___M&N b6 7 6.25 4%s July 1 1923-1926_J&J 4.75 Wichita4s Dec 1 1920 to 1923_J&D 43.s May 19546.25 4.75 5s 1929 opt 1919 J&J 4.80 4 s Jan 1944 M&S 4s Sept 1920-1931 0 4.75 4s 1923 A&O 4.80 M&N 4s 1925 6% Cook Co-4s 1920-125.M&S 4.75 Wichita School District4s reg May 1927....M&N b6% 6.25 4.75 4s Ser K 1920-1931_J&D 4%s July 1 1923 J&J 4.80 4s May 1 1933 £____M&N.b6 6.25 4s Ser M 1020-1933 _J&D 4.75 Wyandotte CountyM&N b63.V 6.25 4s May 1 1944 4s Forest Pres'20-'34 A&O 4.75 435 Bridge'32 to '41 F&A 4.75 33,1is Rfg May 1939._ M&N b6% 6.25% 3%s g 1921 to 1923__J&J 4.75 New Brunswick,Prov ofEast St LouisKENTUCKY J&J 6.40 4%s ref Sept 1 '28 _Sept 1 3%5 Jan 1933 4.80 Tax-exempt: an amendmen to th e Const 6.40 Joliet-551920-1925_ M&S 4s April 16 1921__A&O 16 4.75 lion of Kentucky passed at the Nov.10 15 elec tion J&J 6.40 Moline 4%s 1920-'32_ J&J 4s July 3 1930 4.75 provides that all bonds of muni cipal c orporat ions J&J 6.40 Peoria 4%s '20-'24__June 1 6 5% 4.75% 45 1932 opt 1902 now issued or hereafter to be iss ued sh all t ax6.40 Rock Island 5s 1920-1023. 4s 1932 opt 1902_ F&A 15 be4.75 J&D 6.40 Springfield 33-s ref '20 Sept 4%s Dec 1 1925 4.75 eBxeerl P CO .North Vancouver 5s '60_J&J 7 (is Ct H Dec 15'38 J&D 15 5 Nova Scotia, ProvINDIANA (see foot note ol onvtr 4.50 Co4vinsgtvv M&N 6.50 oBooneCo4sCH 1920._ M&N 45 May 11920 1920-1951_ J&J b 4.90 4.75 6.50 Cass County55 Jan 1 1926 _____ ___J&J 4s Redemption 1922..F&A b 4.90475 Ontario, Prov of, 5s'20_ F&A 6.50 o4s Bridge 1920-33M& N15 0 4 50 4s Water 1927 J&J b 4.90 4 75 6.40 oCrawfordsv 4s 1920... __J&J 58 May 28 1922_ M&N 28 4.60 45 Fundg 1952 op '42 F&A b 4.90 4.75 J&D 6.40 oEvansville-4s Ref '32_J&J 0 58 Dec 11926 4.55 Fayette CountyM&N 6.40 4%s May 1925 04s Ref 1942 J&J 0 4.55 4%5 g Fund '21 to '21 J&J 4.80 M&N 4s1941 6.25 oFloyd Co 4$ 1921-'30_ _J&J 0 4.50 Frankfort 4%s'27opt'17 J&J 4.80 6.40 oFt Way-3%5Jan 18'20J&J 0 4s March 1 1928....... M&S 4.55 Franklin Co 5s'20 to '24 J&J 4.80 J&J 1936 3%s 6.40 oFtWayne SD 4$'20223A&O 0 4.55 Harlan CoOttawa City 5s '20-'45__J&J 6.25 °Franklin Co 4$'20-'30_J&D 0 4 50 5s Rd & Bldg '22-'40_ M&S 4.80 4 s '25,'34,'35, '44_J&J 6 25 oHendricks CoLexington3 s Sew Sep 26 '28_M&S 6.25 4.50 45 C Fl Jan 15'23-'32J&J;15 o_ 45 Feb 1945 F&A b 4.90,4.75%, Quebec, Province of4.50 Lexington S D 45 1938.J&D b 4.90'4.75% oHunt'tonCo 3%s'20-'24 J&J A&O 5s April 1 1920 4.50 LouisvilleIndianap-4s Mar 1 '24_J&J J&D 5s June 1 1926 4.50 40 45 Park Imp Jan 1 '27_J&J 4F m ; Hospital 1951_ _ M&S 98 100% Quebec City 58 April 1920 4.50 4 o4s Fire Dept J'nel'41J&J School impt '54_ A&O 97 100 J&J 4%s 1922 6.40; 03%5 Hospital 1936 J&J 4 50 4s un Imp 1923_ J&J 06 97% 33.s gold July 1930....J&J 6.40, o3M5 City Hall 1039..J&J 4 50 --45 do Dec 1 '28 Q-M 04j' J&J 3 s July 1 1931 6.40; oIndianap S D 45'20-'26 J&J o_ _ . 4.50 .J&J 94 4s Park 1930 J&J 3 s Jan 1 1931 6.40; o4s Bldg Sept 1 1946_J&J 0 ___ 4 50 45 Refg July 1 1937.....T&J 96 97A J&J 6.40' o3A8 July 1 1941 4 50 4s Sewer 1947_ 33s July 11933 J&J _F&A 95 97 __ _J&J Regina 5s 1929 6 Jeffersonville4s Loulsv W Co 1-946-T&J 97 97% St Boniface,Man,5s '31 J&J2 6 4.65 03%5 Refund 1925__M& N 4s Louisv Wat Co '50 F&A 96 90% b 7% 6%% Saskatchewan,Prov 45'23_ 4.50 °Knox Co-4s 1920 ___J&D 3 g Refg 1940_ _M&N 82% 85q Three Rivers 5%s'20 M& N2 63 °Kokomo 4s '21-'26-'31 M&S 4.60. 553.1 3 s Refunding 1943_J&J 823 Toronto 55 1920-1036.._J&J 6.30 °Lafayette 4345'20op'15.I&D 35 3s Sewer ewer & Park 1941_J&J 83 J&J 4%s 1923 6.30 oLa Porte Co 55 '20228_J&D McCracken County4%s July 1 1924 J&J 6.30 oLoganspt 3%s'26 op'16 J&J 1 4:8 63 01 55 Ref 1933 op 1913_ M&S 4.80 4 s July 1 1925 J&J 6.30 04%s Sch H '20-'37 J&D15 4.60 5s Ref 1933 op 1923_ M&S 4.80 4 s July 1 1948 J&J 6.25, Marion Co-4s Ref '27_J& D 4.50 Owensboro-4s '31 op'11J&J 4.80 4 s Jan 1 1949 J&J 6.24' o3%s Bridge 1924...... _J&J o 4.50 4s Street 10:30 op '15_ _J&J 4.80 J&J 6.25, 03%5 Refund 1925_ _ _J&D 43-s July 1 1953 4.50 Paducah4 s Jan 1 1955 6.25' Michigan CityA&O 45 Oct 1 1920_ 4.80 4s t Imp July 1022...J&J 6.35 o4s School 1920-24_J&J LOUISIANA 4.65 49 £ July 1 1948 J&J 6.25 oRichmond-4s 1927_ M&S o___ 4.60 fis Port Comm'n '20-'54 A&O 5 3%s July 1 1944-'45__J&J 6.25 oSt Jos Co 3%5'22-'24_A&O o. 4 51) 5s Port Cornrn'n '24-'59 JAr.T 5 Vancouver, B C03%s 1920-1926_ _ F&A o ____ 4 50 5s Port Comm '23-'55_J&D 5 5%% Tr's notes 1920 M&S 7 °South Bend-4s 1925_ _J&J 0..___. F&A 4 60 4%s Ref 1920-1964_ 5 5%5 April 11939.. _.._A&O 6% SouthBendSchool District4%5 Pt Comm '25-'57_ M&S 5 4%s Nov 30 1924_ __M&N 7 o4s Apr 17 '20-'27___F&A 0..... 4 60 Atchafalaya Levee Dist4s St Imp Sept 9'22_ M&S9 7 Terre Haute-5s Ref 1949 op 1930_ M&S 101% 4s St Imp Sept 9'27_M&S9 7 o4s Oct 1 '27 opt '17-A&O o 4.60 Bossier District Levee4s St Imp Sept 9'32_M&S9 M&N 100 7 o4s Sewer 1930_ _F&A o 4 60 Os 1922 opt 1912_ VictoriaBC4%sJan21'24J&J 7 oTerre H SchC45'20-'31M&S o_ 4 60 Caddo District Levee84 Winnipeg, Man, 5s '44_A&O 80 oVigoCo43Dec16'20-27J&D o J&J 101% 4 50 5s 1951 op 1941 5s June 1 1926 J&D b6%% o4s Bridge 1923 J&J o 4 50 Fifth District Levee5s Oct 1926 b6%% rPO, 1 J J1c. 5s 1950 opt 1940 4s June 1 1934 b6% iolyt 55 1952 opt 1942 6.41 45 Aug 1 1946____F&A 15 b6% O 6g% -... INDIAN TERRITORY (See Oklab orns) 5s Oct 15 1902 op '52 A&O 101U GEORGIA IOWA 55 Oct 15 l963__ A&O 15 iom, J&J 4s 1922 4.30 Boone 4%s 1920-31_ M&N 4.70 Lafourche Basin LeveeJ&J 4%5 ref 1935-1945 4.30 Burlington 4%s '20-'33M&N1 55 Jan 1054 opt 1944_J&J 102% 105 4.70 45 July 1 1926 4.30 Cedar Rapids School DistLake Borgne Dist Levee33.s Jan 1921-1935 J&J 4.30 4%5 June 1 1921____J&D 158 Dec 1952 opt 1942-T&D 102%, 4 70 b Basis. f Flat price. n Nominal. o Tax-exempt: under a law approved March 9 1903 and which went into effect April 23 1903, bonds issued after that date by State or municipal corporations are tax-exempt, and these sell on a better basis. a Sale price. iga ------ ------ J&J b6%3.1 ----- ----- ---- - 3:1g1 6.401 ••• FEB., . Bonds 51 STATE AND MUNICIPAL BONDS 1920.1 Bid Ask. To Net. Bonds Bid. To Ask. Net. Bonds Bid. To Ask. Net. DuluthCambridge4.80 55 g Water & 1.4 1926_J&J 3%8 Water May '25 M&N 93% -----4.80 4345 g July 1 1926_ _J&J 75 F&A 1941 Bridge 38 4.80 '28__A&O Lt & 4s g Water Chelsea-4s Park 1936..A&O 90% 4.80 _A&O Lt 1936_ St 48 Water 9334 M&S 1929_ Sew Everett-4s Duluth Ind School DistFall River4.80 M&N 58 May 1 1923 48 Municipal 1922.._ F&A 97 -----4.80 43-48 Feb 1 '40 op '30_ F&A 3%s Water Feb 1930_ F&A 89 -----4.80 _,..A&O 1924 opt 45 1934 97 A&O 1922 48 Fitchburg Hennepin County J&J 91333.8 Water 1926 4.75 H 1924_A&O Apr Ct -48 43 Gardner KoochichingCo 5s'21-'33J&J b 5V 4.80 48 Water 1920-1934.M&N 94 -----5 0 J b53j 1921-1935_J& Ditch 534s Gloucester Minneapolis-48 Water'20 to'31_A&0 92 -----31 4%s Impt 1920-1920_J&J b 4.804.70% Haverh111-4s 1927__J&D 94% -----J&D b 4.804.70% 4348 1921-1925 Holyoke-4s gold 1927_J&J 94% -----b 4.804.70% 484s 1026-1935 91% J&D 1920-1932_ Dec 31-48 J&J b 4.804.70 1920 434s g July J&J 95 Lawrence 4s 1924 43-4s Mar 1920-'37_ M&S b 4.80 4 70% 99% 45 Mar 1 1920-1922_ _ M&S 98 b 4.804 707 4%s School 1941 Leominster-4s g 1920_A&O 94% -----4s School Jan 1927___J&J b 4.80,4 70 Lowell-48 Water 1920 M&N 98 4.80,4 70 b M&N 1927 1 45 May Lynn-Is July 1927_ _ _ _J&J 943-i 45 School Jan 1 1935_ _J&J b 4.80,4 70 33-48 April 1 1932____A&O 87 MAINE J&J b 4.80,4 70 1937 Improvement 4s M&N 94 4.50 Malden-4s 1924 4s Sept 1 1920-1953___M&S 45 Improvement 1942 J&D b 4.80,4 70 4.50 33-48 Water July 1 '24_J&J 9334 -----48 Highway 1920-1936_ M&S • _____ b 4.80,4 70 A&O 1944 4s 4.40 Marlborough 4s July '26 J&J 94% ----4s Apr '28-'31 tax ex...A&O 3348 School Jan 1 '29_J&J b 4.80i4 70 MedfordJ&J 92% Auburn-3%s 1025. 70 4.80'4 b '32J&J Wks Water 3%s F&A 92 49 Feb 1930_ 4.50 45 1935 &'40 tax ex'pt J&J Ramsey County5s Apr 1 1920-'28 tax-expt 1003-i -----Bangor-4s Ref Water'35J&J 90% 4.75 1921_M&N 6 May 334s Melrose 4s June 1924 J&D 95 -----48 Fund '20-'30 tax ex J&J 94% --- Red Lake Co-5%s'20 A&O F&A 933-i Methuen 4s 1928 Bath 4s Ref 1941 tax ex J&D 01 --- 4.80 1923-29_J&J 5s Co Louis St Middlesex CountyBiddeford 43 '20-'35..__M&N 93 St PaulJ&D 96% 4s 1920 to 1924 Cumberland Co 3%s J'ne '21 96% 4 70% b 4.80 J&J '22-'31 2 July Refg 58 91 -----Milton 3348 1920 to '32 F&A Gardiner Water DistrictJ&J b 4.804.70 43.48 July 1935 New BedfordJ&J 89 48 Jan 1034 434s Park June 1 '43_J&D b 4.804 70 4s Water Apr 1 1926_A&O 943- -----Kennebec Water District1 '43_J&J b 4.804 70 July Sewer 43.48 (tax1920-41 Sewer 05 4s -----3%s g 1920& 1925_ M&N 434s Water Aug 1 '43 F&A b 4.804 70 M&N 9334 exempt) Kittery Water District434s Ref J'ly 2'22-'31 J&J b 4.804 70 F&A 95 33.8 1923 5s Jan 1921 to 1938.. J&J 99 b 4,804.70 Nov 1 1931 43/s NewburyportLewiston48 Ref Mar 1 1939_ M&S b 4.804 70 A&O 93 33-48 Water'20 to'34_J&D 903. -----4s g Oct 1027 b 4.804 .70 '39_J&J 1 July Sew'age 4s NewtonPortlandM&S b 4.80 4. 70 4s Mar 1 1940 48 Water Aug b935.. F&A 90% -----4s Aug 11020 tax ex_F&A 92% -----4.804.70 b __M&N 1922_ 30 Apr -----33.48 90% 33-48 Water Dec 1926_J&D 48 C II 1926-'45 tax exA&O 92% -----S'th St Paul 53is ref '33 J&J Northampton48 High Sch 1937 tax ex.._ 02 -----J&J -----9434 33.8 g 1920-to 1926 3%s g Ref July 1922__J&J 95% MISSISSIPPI Quincy 4s Sep 3'20-'22 M&S 9734 -----Portland Bridge District534s Apr 1929-1934AM b 5%4.75 3%s April 20 to'39_ _A&O 89 -----33s July '20 to '39 M&S 87% ----b 5%4.75 43481920-1934 J&D 99 Salem-4s 1920 Portland Water DistrictJ&J b 5%4.75 4Ye July 1 1921-1935 48 Jan 1 '32-'54 tax-exmpt 9134 -----J&D 92 -----4s Funding 1928 J&J b 5 o 4 75 494s July 11036 SpringfieldA&O 88% Saco 4s Apr 1939 334s Refund Jan 1 1927_J&J b 5%4.75 J&J 8534 3As School 1935 Washington County'14J&J b 5%'4.75 3348 State 1934 op J&D 84 3s Sewer 1930 J&J 02 49 1928 opt 1923 GreenvilleJ&D 94 Taunton-4s 1927 Taterville-4s g July 1 1927 93% 5 5s Refund Sept 1927_ M&S b5.10 3%s Sewer Dec 1'30_J&D 87 -----M&S 83 3%s Sept 1935 5 Jackson 534s July 1 '33_J&J b5.10 Wakefield5 b5.10 1928_F&A 1 Aug 58 Water 48 Water 1920-1933-A&O 94 -----MARYLAND F&A b5.10 5 1930 Water 55 4.40 Waltham 4%s Aug 15 1021-33_F&A15 5 b5.10 5s June 1 1932 J&J 9834 4.40 3%s July 1920 48 1020 to 1928 y b5.10 ap ' d 5 Meridian-6s May '24 j 4.40 Watertown-4s '20-134..J&J 94 -----J&J 4s 1928 opt 1923 J&D 5 ----b5.10 1939 1 Dec 58 J&J 93 -----334s 1921 to 1929 4.40 J&J 48 Jan 1 1939 1941_J&J b5.10 5 House Sch 43411 4.40 Winchester F&A 4s 1920-1929 Mississippi Levee Dist48 Sewer Dec 1 '20-'24J&D 96 -----4.40 F&A 4s Roads 1920-1930_ M&N 53 May 2 1944 4.40 Worcester-4s 1822_ A&O 07 -----3%s July 1920 opt 1914_J&J J&J 53 July 1 1953 4s Jan '23(tax-exmpt) J&J 97 4.40 3%s Roads 1023 to 1928_ M&S 1934 Sept 4%s _A&O 1 1922_ 9534 April '334s Annapolis 4%s W W'42A&O Vicksburg Baltimore5% 5s St Impt 1920-'32_ _F&A b 5.10 MEXICO 43.s Mar 1 1920-55 M&S 4.50 4.30% 5% 434s Sewer Dec 1 '28_Dec b 5.10 See Foreign Gov'ts page 49. 4 s Mar 1 1955._ M&S b 4.50 4.30% Delta Levee Dist Yazoo-Miss 95 M&N 11020 4s Nov 5 6s 1947 option 1917.. J&J b 5 20 MICHIGAN (See foot note o) M&N 95 48 Water 1926 M&N b 5 20 5 58 1924-1954 4.70 92 Alger Co-5s Road '22_ F&A F&A 91 45 Aug 11051 5 b 20 J&J 5 1949 July 434s District Ann Arbor School 92 J&D 91 48 Annex 1954 5% 4.70 4s1952 option 1922J&J b 5.20 A&O 48 Sept 1935 92 M&N 91 48 Parks 1955 MISSOURI Battle CreekM&S 01Y6 92 4s Mar 1 1001 4.70 33-4s Cap Blg '20-'25 op_J&J 4s City Hall 1927-'36 F&A F&A 91% 92 48 Aug 1 1961 Kansas CityBay City93% J&J 33-s July 1 1930 -is Sept 1 1930_ _M&S 97% 4.70 41 M&S 5s 1920 90 J&J 89 3 s Imp 1040 43.s Mar 1 1933____M&S 97 4.70 J&J' 4s 1034 33.s Mar 1945______M&S 88 -----4s Market House '24_J&J 96 Bay Co-3 s Refunding 1952_ _J&J 85 J&J 96 4.70 48 Water 1924 o4s Ref Dec 15 1923_J&D 82 3 Sew'age Imp'80_A&O 80 4s Park & I3oul 1924_ _J&J 97 Bessemer90 J&J 80 I 3%s Jan 11927 M&S 94 1930 1 Sept 4s 5% 5.10 FdtAb 534s 1920-1949 -----Cumberl'd 4% WW '41 A&O Kansas City School DistCalhoun CoF&A 48 Water 1923 J&J 97 1933 1 July 434s b &Ol Road 1920-'26__A 4%s 4s 4.804.60% FrederickJ&J 95 4s July 1 1927 J&J 4s 1920 opt 1003 J&J 93 1930 1 July 48 4.55 b J&J15 4.70 Lib 1948 Pub HagerstownJ&J 92 48 Bldg 1932 o4s Aug 15 '20-'28_F&A15'b 4.70 4.55 -----5s water 1938-1987 ..A&O J&J 95 334s Jan 1923 4s Sewers Apr 1 '22__A&Ob 4.70 4.55 J&J 93 334s July 1925 M&Sb 4,704.55 o4s Mar 1 1944 98% 1921_J&J 334s 98 Co Lafayette 4.704,55 1946 M&Nb o4s School MASSACH USETTS Dist--- Little River Drainage M&Sb 4.70 4.55 330 Park 1930 4%s '20-'22 (tax ex.) M&N 9034 I00% __A&O 5% 1920-1933 Oct 5%8 ::: J&J; 434s 94% 96 1920-30 °Escanaba 4s 1920-52 (tax-exmpt) Var 34 County--Pettis Pt s 0634 °Flint 43-48 1920-'39___F&Ab 4.80 4.70% 4.70 3 s gold Nov 1923_ _M& N 05 A 97 MAN 99 1908_ h 0.opt p e2 9 8 1 0 1 4 Rapids 86% 877 Grand J&J 3 s g July 11935 I 97 96 4 3.48 Flood Protec'33 M&S 3 s 1956 reg (tax ex) J&J 83% 86 97 M&S 96 4.70 48 1924 4s 1923 4s Water Nov 15'29_M&N 90% 33.s 1037 reg (tax ex) J&J 88 M&N 97 96 48 4.75 1926 Highland Park 5s 1928_ _J&J; J&J 8334 84% 33s Water 1942 District School Joseph St 4.75 15 Sept 0430 83% 1934M&S 82% July M&S sg 1944 4.80 4348 1925, 1930 & 1935_ 4.75 Holland-4s Ref '20-'23_ Feb A&O 86% 87% 38 April 11029 s iu 4.75 St4L3o Kalamazoo-o 434s Sewer 1 3s g May 1029 _____ _ M&N 86% 88 102 97 '35 A&O rige-Compl s iB & Imp 1920-'25 J&J,3s Met Sewerage MO M&S 8034 82 4.70 45 Insane Asy'm '28_A&O 06 Lansing-5s 1920 to '23 J&DI 791 J&J 78 38 g July 1 1939 4s Public Empt 1028.. J&J 96 4.70 4s Water 1920J&J, 788 3s g Water Jan 1 1941_ _J&J 77 48 Public Bldg 1929 _A&O 06 4.70 Marquette 33-4s 1926___J&J1 Arlington-4s Water '22 J&J 9734 9834 R IV %V Renew 131_1 48 _ _ MuskegonAttleborough-4s 1024.J&J 9534 97 96 4.70 48 School 1937 Ss Water 1920-'25___J&JI 8634 ___ 3%s March 1935M&S 85 96 1938 School 4s 4.70 J 4348 W-W 1921-'44__J& Beverly3.05s Ren June 25'27 J&D 9434 98% 4.70 M&N 43 May 1 1934 48 Sewer 1020-30____A&O 03% 95 _ 334s April 1 1925. A&O 92% Muekegon School DistrictBoston96 3%s g Apr 1 1922_A&O 4.70 _July 5s 1942 4%s Tun 1960 tax ex A&O 9134 9734 ___ ----. J&D op '17 '32 5s Springfield County ___ Muskegon 93 J&J 90 48 July 1936 4.70 J&J 9634 ___ 434s Jan 1 1932 4s Apr'20-'37(tax-ex) A&O 95 MONTANA Pontiac1:5 4s 1920-1039 (tax-ex)_J&J ------5 Billings 5s 1934 op '29_ _J&J 45 Tunnel & Sub '48_J&I) 874%sW W Imp'31-'47M& b 5% -----Butte Huron Port 00 9234 ::: 4s Sub 1957 tax ex ___A&O 5 J&J 4.70 5s Funding 1922-1936 J& 49 Jan 1 1932 ___ 92 48 Sub 1958 tax-ex _ J&J 90 4.70 Butte School Dist No 1334s Park July 1 '20 _J&J 9288 ___ 48 Tun&Sub'59 tax ex J&J 90 5 434s 1924 opt 1914___J&J 0694 ___ Saginaw3)-is June 1 1923___J&I) 05 5 4.70 Cascade Co 4s '21 op '11 J&J 43-48 Wat May 1 '25_ M&N 3 s June 1 1924____J&I) 94 9534 ___ 5 '15_J&J 4.70 Custer Co 6s '25 op 33.s Wat Mar 10'20 M&S 3 s June 1 1932 ...._J&D 87% 8934 __ Falls Great Marie Ste Sault 86 88 ___ 3s June 1 1034____J&D 5 J 1935to'39.J& 4.70 434s Bridge July 1 '20 J&J 5348 Sewer J&J 8534 8734 3 s July 1 1935 5 4.70 4s 1023 option 1914 _J&J 48 gold July 1 1932___J&J 3 s Juno 1 i943_ J&D 8194 8334 __. 5 1No Sch Dist 4.70 Great Falls 8334 _ Wyandotte-434s 1934_J&D 3!s June 1 1044__J&D 81 5 4s 1925 option 1915.. M&S MINNESOTA J&J 80% 83 3 s July 1 1945 5 Helena 5s 1931 opt 1916 J&J AltkenCo434sDec'20-'24 Aug 3s Jan 1 1921 J&J 97 5 '22J&J 434s 1 D S No Helena Co -----'20-'24J&D Beltrami 94 4348 -----Brockton 4s May 1927 M&N 5 J&J 1933 5s Kalispell 534s Ditch 1923-31. J&D 33,s Water 1932____M&N 8634 -----'27_J&J op '32 58 Co Lincoln 1920-1929 Nov Brainerd-58 Brookline 5 '21J&J._ op '31 Mar 5s Fund Cass Co-5s CL Else'22 A&O _ 4s Water 1920 to 1923 J&J 9734 9834 b Basis I Flat price. a Nominal. o Tax-exempt; under a law approved May 13 1909, and which went into effect Sept-1 1909. bonds issued after that date by municipal corporations are tax-exempt and these, accordinglY, sell on a better basis. New Orleans105% 7egGS& DSJuly'22.7-Q 101 345 J&J /338 58 TPremium num)_J&J (dr 58 Premium 4s Floating debt '48_A&0 80 90% 4s Constitutional '42..J&J 90 48 Public Impt 1950 opt 89 1042 (old Issue)____j&J 88 4s Pub Imp '42 op '28 J&J 87% 89 Dist Orleans 58 July 1959 opt 1929_J&J 102% Plaquemine Parish E Bank58 Oct 1952 opt 1942_A&O Pontchartrain DistrictM&N 110 D Os 1944 Red River A & 13 B Dist58 1950 Series B____A&O 101% 58 Mar 1953 op '43_ M&S 101% FAA 101% 58 1965 Ser D Shreveport4%s WW&Sew'20-'54J&J b 5% 4.90% rg , ___ -52 STATE AND MUNICIPAL BONDS To Ask. Net. [VOL. 110. To T Bonds. Bid. Ask. Net. Bonds. Bid. Ask. Net. Long Branch 53 1943._ MAN 5 NEW YORK (Concluded) 45 June 1 1935 J&D 5 Amsterdam 5s Wat _1920-37 is 4.60 4.40 5 LyndhurstAubuin-4s Dec6'20-31JA to b 4.60440 5s Sewer 1920-1957__J&J b 5% 4.90% -4s Water May'20-'25 MAN is 4.604.40 5 Mercer Co-4%s 1933 _J&J 4.60 4%s 1925-1934 b 4.60 4.40 4s Road 1933 JAI) 4.60 Binghamton 4s'28&'29_F&A b 4.60 4.40 5 33is April 1941 A&O ------ 4.60 48 Sew Disp '22-'36_ F&A is 4.60 4.40 Middlesex Co 43.0'24-'34.1,U 4,65 43s Park 1920-'37._.J&J is 4.604.40 NEBRASKA 4%s Fund July 1020-1039_ 4.65 3%s Bridge 1935 ..F&A is 4.6014.40 Douglas Co-4s '20-'28 A&O 4.75 43s Imp 1920-'32_ _A&O 4.65 Brooklyn-d-6s 1924.. J&J b 4.65 4.55 J&J 3%s 1922 4.75 33,s Bridge '22 to '31_J&J 4.65 48 Bridge 1926 J&J b 4654.55, '10.I&J Grand Isl 430'25 op 4.75 Montclair 4%s Sch '41_A&() 4% 4s School 1921 J&J is 4.65;4.55 Lincoln4%s H Sch Bldg '44_JAD 43 3%s g 1921 to 1937_ _ sRef'20to'29op'20F&A _J&J is 4.65'4.55 4Y 2 4.75 3%s School 1932 J&J 4% g July 10 1925_ J&J b 4.6514.55 33 48 Ref 1920 op 1909_M&S 4.75 Mords Co-4s'35 op '05J&J 45% 3 s gold 1927 J&J b 4.65455 Lincoln School District4%s 1942 opt 1922_ _ _JAJ 3 s g July 10 1934 49/i J&J b 'L654.55 4%8 1924 opt 1909__MAN 4.75 Morristown 4%s '20-42 J&D 3%s gold 1936 J&J is 4.664.55° Omaha 43is 1920-21._ Mar 4.75 Newark-4%s 1944_ F&A b 4.754.55 4.70 3s Bridge 1925 J&J is 4.6514.55 0 J&J 4.75 43.s Renewal 1924 5s 1920-1958 J&J b 4.754.55 ___ Broome County 43.s Mar 1 1932____M&S 4.75 58 Street 1920-1944 _J&J b 4.7., 4.55 5s Hospital 1920-33_ _ M&S is 4.5514.40% 4 s Refunding 1934_JSrJ 4.75 4%s Dock 1959 F&A b 4.75 4.55 13uffalo-7s 1924 & 1925 J&J b 4.5514.400 4s W W Dec 15'41_J&J 4.75 4%s June 1 1960 4.754.55 6s Parks Jan 1 1924_ _J&J is 4.55,4.40 Omaha S D 43.s 1928J&J 4.75 44s Sch Dec 1 '45_ J AD b 4.754.55 4%s Nov 15 1933_ __MAN b 4.55:4.40° J&J 43.s July 1931 4.75 4s Refunding 1923_ __!WAS b 4.754.55 4 AsSchNov15'20-33MAN is 4.55,14.40 J&D 58 1948_ __ 4.75 4s Sch House 1959 op1949 b 4.754.55 43isJune 15 1944_JAD 15 b 4.564.407 So Omaha 4-3is'24 op'09 JA 4.75 48 PasValSew'61op'51JSrD 4.75 4.55 4j,s June 15 1964.J&D 15 is 4.554.40 SouthOmahaSD-58 '23 J&J 4.75 3%s 1929 J&D,b 4.754.55 4 s 1920-1968 J&D b 4.55,14.40 J&D 5s Dec 1929 4.75 3%s Track Elev '54_F&A'b 4.754.55 43(s Feb 15'62 op'32_F&A is 4.564.40 Yallsburg 43.s 1934 J&J b 4.75 4.55 0 48 School Aug 1 1929_F&A is 4.55:1.40e NEVADA New Brunswick 4s '22_ MAN 05 45 Serial 1920 to '29...FAA is 4.5&L40 Reno-58 1924 op 1909_J&J , 5.25 43ts Aug 1 1920-57_ F&A 4.75 4s June 15 1920-'30_ _JAI) b 4.55'4.404 WashoeCoSD58'20to'29MAS 5.25 North Bergen 58 1941_ _JAD 0 4.85 4s June 15 1960 J&D b 4.55,14.407 NEW HAMPSHIRE No Plainfield 58 1920-1954 4.85 33.s Park Reg 1927._ FAA b 4.564.40 3%s Hospital 1920-'25 J&J Nutley 5s 1933 J&D 4.85 33s Water 1920-35_M&S is 4.564.40 Jo Berlin-48 Ref 1920-35 MAN Ocean City-5s 1944_ F&A 5 Elmira-4s 1935 M&S b 4704.45" J&J 92% , Concord-48 1923 Orange-5s 1923 to '32_J&J 45% Water 1920-'45_A&O b 4.70,14.45 43s 3%9 1924 to 1929___..J&J b 4.75 5s Water 1938 F&A 4% 4 s Apr 1 1933-1935_ JAD 88 Dover 3%s '28-'31 is 4.704.45 43.s Sewer '20 to '21_A&O 4% 34s Redemp'20 to'21J&J is 4.70 4.45 A&O 95 Laconia-48 1924 43.s School 1943_ _J&D Erie o43(s'20-36tax-exJ&J 43' Adr0 92% Nashua-3s 1923 4.40 4s Sch House 1934 _JAI) 45% dFarRockaway 58'20-'21J&J Pembroke 48 '24-'34_ FAA 92 ------ -:- Passaic 4%s 1920-'40_1MS 4.60 45% Franklin Co 43.s'31-'40 M&S Portsmouth 4s g Sch '23J&D 953 -----4.40 55 Imp '20-'48 MAN 45% Fulton-3.408'20 to '29 J&D 4s Ref Water 1932____J&J 92 -----4.50 4%s School 1942 J&J 4% Geneva-4s Water '26_A&O Rochester-4s 1922_ _J&D 963 -----4.50 43s Ref 1944 MAN 43/i Glens Falls-43.s ref sewer NEW JERSEY 330 1920 F&A 45/s Aug 31 1920-1928_ _F&A Asbury Park-5s 1924_J&D 4.85 Passaic Co-4s '20-'24 _J&J 4.40 43/i Haverstraw4.12s'20-137MAS 43js School Jan 1943_15a 4.85 Paterson-5s 1920-'22_ A&O 4.50 4.65 Hempstead-d4s g 1923..J&J Atlantic City-5s 1925_JAD 4.70, 4.50 4%8 1933 to 1944_ MAN 4.65 Herkimer-43.0'20-'27MAN 43s g Water 1926___J&J 4.70 01 4.50 4%s Feb 1 1945_ FAA 4.65 Hornersville-3%s '21_ Fdr A J&J 4 s Water 1945 4.70 4.70, 4.50 4s N C Hall'23 to '32 J&J 4.65 Hudson-4s Wat 20-'22 July 4 s Paving 1938____J&J 4.70' Perth Amboy 43is Apr 1944.. 4.50 4.75 434s High Sch '25-'32 Act° J&J 43.s Water 1944 4.70 4.50 43is School 1938 4.75 Irvington 4.10$ '20-'36_A&O - J&J 4 s Jan 1 1045 4.70 4.50 43is Funding '20-'27_A&O 4.75 Ithaca 4.30s '27 op var_J&J J&J 4s Water 1930 4.70 Plainfield-4s'20 to'34_JAD 4.50 4.65 45.s Ref Water 1942.. _J&J Atlantic Highlands4.50 4s School 1959 MAN 4.65 Jamest'n 4s Mar 20'43_ A&O 48g Sewer July 1 1928 J&J 5 4.50 Rahway-4s Adf22 op MAN 5 Johnstown 4s Dec '23-'37 Bayonne-58 Fund 1928 Jdr.l 4.70 Ramsey 58 Water 1921-'40 4.50 5 dKings Co 48 May 1 '20-'44 5s Water 1920-1943_JAD 4.50 4.70 Ridgefield 5s*July '20-'31J&J 5 Kingston 3%s g '20-'38_ A&O 58 Jan 1 1921-1949___J&J 4.50 4.70 Ridgewood 58 1920-'26_F&A 5 43.s 1920-1925 A&O ding 1931___JAD 4.50 4.70 Riverside 58 1925-'32.. Adt0 5 Long Island City-d 4 s Jan 1 1933_ _ _J&J 4.70 Sea Isle City 5s 1943_ _F&A 5 43s 1920 to 1923_ ...M&S 4.50 48 Floating Debt 1928J&J 4.70 So Orange-4s'20 to '44_J&J 5 4s ater Sep 1 1020_MAN Belleville-5s Fund 4.50 Summit 4% Sch 1941_ _F&A 5 Wat 3%s May 1 '20.. MAN 1924-1934-1944...MAN 4.50 4.90 4s1033 MAN 5 Madison Co 4%s'20-129Feb1 4.45 430 , Funding 1945 4.90 Trenton 430 May '24 MAN 4.60 Middleport 4.35s'20-'42J&D Belleville SD 58'27-44 MAN 4.50 4.65 AJr0 43{s Water 1943_ 4.60 4.35s sewer '20-'39 _MD Bergen Co 58 Dec 1 '19_JAD 4.50 4.65 4s Fund 1934 A&O 4.60 Middletown-3%s '31_ FAA J&D 4.50 15s Dec 1944 4.65 4s City Hall 1939.....J&D 4.60 Mt Vernon 4%8'31-'43_1W) 4.50 58 Dec 15 1920-1955J& D15 4.65 8%s Sch Nov 1 1029 MAN 4.60 ois Sch 1962-'73_ MAN A&O 3 1920-1939 4 is 4.50 4.65 Union Co 4%s 1937_ M&S 4.60 4s Sewerage'50-'55_ MAN 43.s Aug 1920-1938_F&A 4.50 4.65 430 1942 M&S 4.60 58 Jan 2 1921-1928 _J&J 2 40 ridge '20 to '24_ _F&A 4.50 4.65 4s Oct 1 1942 Adr0 4.60 Ss Jan 2 1938 J&J 2 48 Court Hoe '20-'38_A&O 4.50 4.65 Vailsburg-See Newark. Nassau 420-4%s '20-'29.I&J is 4.504.40% Bloomfield 58 '20-'23_ _ MAN 5 Weehawken-4%8Fd'20.F&A 4.70 Ref 4 s 1922-'28 MAS b 4.504.40° Camden-4%s Wat '23_J&J 4.60 4s Funding 1920-28.J&D 4.70 43(8 1938-1943 J&D b 4.504.40 A&O 4s Dock 1930 4.60 Westfield_ 3s Court House'30 M&S b 4.504.40 4s School 1943_ _ _ 4.60 _ 58 June 15 '20-'60 ..J&D Newburgh 430 '20-'34 F&A 5 40 aving 1929_____ MAN 4.50 4.60 West New York 58'a& M&S NewRochelle4Ms'20-22MAN 5 Camden Co 4%s 1933.F&A 4.50 4.60 Wlldwood43(8 Muu Imp'20-35M&N J&J 48 1944 4.60 4.60 4%s Sew 1920-1957 FAA 48 1920-1930 5 M&N 1934..__JAD Cape May-58 4.50 5 nis 1920 to 1933_ _J&D 43-is School 1920-51_ M&S 4.50 • 5 NEW MEXICO New York CityM&S 430 1920-1952 5 4,s ref 1953 op 1933_ _J•dr..1 4.60 4s June 1905 J&D 09 East Orange 4%s'25-45 F&A 100 4.65 4 s Dec 16'52 op '22_ _J&D 4.60 4 s June '20-'30.... J&D is 4.054.45% A&O 48 1934 4.65 4s Ref June '33 op '23_MAS 4.60 M&S 99 s 1063 J&D 40 Water 1933 993(___ 4.65 4s Bldg 1929 op 1919_ RISEN 4.60 4 s (old) May 1957_ MAN 99 A&O 3%s Water 1933.. 99% 4.65 45 Fund 1939 op 1919 M&S 4.60 43.s (new) Nov '57_MAN 99 Elizabeth 4%s 1953_ __ A&O 99% 4.65 4s Highway 1921-1944_ _J&J 4s Corp stock 1967_J&J 09 4%s Sch Jan 1 1955__J&J 4.65 Albuquerque 43-is '21L..M&S 100 ------ 4.60 4 i.4s Corp atock'20-'32J&J b 4.654.45% 48 1922 op J&J 4.65 5s W W Dec 1962 100 4 s 1960 opt 1930.... M&S 93% 963( Englewood-4s Sep '35 M&S 5 Bernalillo Co 68'22op'12J&J 100 ----437s 1960.... M&S 93 Essex Co43-s Road '53_F&A b 4.70 4.55 94 5s 1931 op 1921 100 43,s Mar 1 1962._ M&S 93 4s L'd Purch '21-'46 Jdzil b 4.70 4.55 0 94 SocorroCo5s '41 op'21.A&O 100 ----43(s Mar 1 1964 M&S 93 434s Hospital '20-'49.F&A b 4.70 4.55% 96% A&O 93 4%s April 1 1966.. 4/4s Road '20-'36___F&A b 4.704.55% 973. NEW YORK 48 Various 1936__ __MAN 4s 1926 F&Ab 4.704.55% 92 4%s Highway 1963......M&S 107 107% 4s 1955 Nov MAN Park 4s g 1938 FAA b 4.704.55 923. 4 s Canal 1964 J&J 109% 4s Various 1956_ _ _ _MA N 48 Hospital 1946_ _ F&A b 4.704.55 92 J&J 101 43(a Canal 1965 103 4s Various May '57_ MAN 88 3.658 Park '20 to '35_ F&A b 4.704.55 0 92 4s Highway 1965....MILS 101 103 49 Nov 1958 MAN 88 Fairview-5s 1944 90% 5 43(s Barge Canal 1945_ JSrJ 101 102% 4s May 1959 MAN 88 Gloucester Co43-s'20-'26 var 90 4.70 4s Canal Term 1942..__ J&J 99 33.s Exempt 1022_ _MAN is 4.65,4.45 Hackensack-43s 1942F& A 4.70 4$ Canal Term Jan 1946_J&J 99 -ioo-Bklyn M Sow127 36s J&J b 4.05'4.45 Flarrison-4s 1930 J&J 4.90 48 g High Imp Mar '58_ M&S 98 --3 s D'k 1927 Ex_MAN b 4.65!4.45 Hoboken45 g High Imp Sep '58_M&S 98 -----33.sg Exempt 1041_MAN is 4.704.45 4%s 1940 J&J 4.65 4s High Imp Mar 1960_ M&S 98 -----3 s Exempt 1042...MAN b 4.70 4.45 330 1931 MAN 4.65 4s Canal Imp July 1960_J&J 98 -----3 s R T 1948-1950_ Mar N b 4.704.45 58 School 1921-1954 .J&J 4.65 4s Canal Imp Jan 1061_J&J 98 3 sg Exempt 1052_MAN b 4.764.45 Hudson Co-4%s 1948.A&O 4.65 45 Canal Imp July 1961_J&J 98 -----3 s g Exempt 1053.MA N is 4.704.45 o 43s Road 1923 J&J 4.65 45 Highw Imp Mar '61_ MILS 98 3 s g Exempt 1954_ MAN 82 43s May 1 1950_...MAN 83% 4.65 45 Palisade Park 1961_ M&S 983( 993( sg Water Ex'54_MAN 3 4s g Park 1959& '54_ MAN 82 4.65 4$ Canal Jan 1962 J&J 98 33.s Exempt 1055_ MAN 4s County Bldgs '46_F&A 81 4.65 48 Highw Imp Mar'62_(WAS 98 April Stk 3%s 1 '54.. A&() 4s gold Ref 1935----83% 82 4.65 4s Canal Imp Jan 1967.J&J 99 33s Nov 1 1929 MAN is 4.704.45V 33s Bridge 1920___A&O 4.65 4s Highw Imp Mar '67_ M&S 993-i l003( 3.30s Co 1921 Ex ____J&J b 4.704.50° (rvington 50 School '63_J&D 4s Palisades Park 1967_ M&S 993 100% 3s g Dock 1924 Ex_ _MA N b 4.764.50 Jersey City3s gold Jan 1 1923 J&J 91 as g It T 1950 Exem_MAN is 4.704.50 5s gold assess 1924_ _ IVIScN 4.65 3s g Jan 1 1956 J&J 91 Niagara Falls-4s Nov 1021 is 4.70,4.50 5s Water June 1 '21_JAD 4.65 3s g July 1 1968 J&J 91 4.10% Sewer 1935-40_ J&J b 4.704.50 4s School 1920-58_JAD 4.65 3$ g Canal Jan 1 1959_ J&J 91 4 s School 1921-26_ _ F&A b 4.7()14.50 43is Refunding 1928_J&J 4.65 Albany4 4sWatM'y1141-48MA N is 4.704.50 45.s School 1945 J&J 4.65 4%s June 1 '20-128_ _JAI) b 4.60 4.40% 4%sRepav'29-33 regMAN is 4.704.50 4%s Water 1061_ _ __A&O 4.65 43.s Water 1920-34_M&N b 4.60 4.40% 4 Yis Sew'39-'46reg_ MAN _ is 4.704./0 4s Sch Mar 1961_ _ M&S 4.65 430 Oct 1003 A&O b 4.60 4.40 3%s 1942-1945 MAN is 4.704./0 4%s Park Mar 196L M&S 4.65 43.1a Water 1932._ MAN b 4.60 4.40 North 40'24A&O Tonawanda 4s Water 1932 A&O 4.65 4-.(36 43.0 1920-1954 J&D b 4.60 4.40 43is 1920-1925 JAW 4s 1935 J&D 4.65 - - 4.60 4s Park 1920 to '30_ _ MAN b 4.60 4.40 0 Oneida Co-33s'20-'28F&A . 48 Refunding 1949_ __F&A 4.65 - 4.40 4s High Sch 1920-31_ F&A b 4.60 4.40% Onondaga Co 3s '20-'20_J&J is 4.604.40 33. Refunding 1920_J&D 4.65 3%s Pub Imp '20-'34 F&A b 4.60 4.40% 43is 1921-20 J&J b 4.60 4.404, Kearny 4s 1936 F&A 5 Albany Co-33,0'20-25 FAA b 4.60 4.40 Orange Co 33s'20-'24_ Febl is 4.604.40% 4s April 1962 A&O 5 3s % Aug 1 1925_ F&A b 4.60 4.40 0 Ossining -43s '20-'42_M&S Lodi-58 1921-1947_ __ _J&J 5 4.50 430 1936-1937-1938_ MAN b 4.60 4.40% b Basis. 6,Now part of New York City. /Flat price. n Nominal Bonds. Missoula 4jis'24 op '14 J&J Missoula County.4s Ref 1921 opt 1911_ F&A Phillips Co-58 Ref Dec 1935 op '33JdcJ Yellowstone County58 Ref 1920 op 1908 _J&J Bid. 5 4tFun 1 Bonds. 53 STATE AND MUNICIPAL BONDS FEB., 1920.] Bid. Bonds Ash Bid. Ash To Net. Bonds. Bid. Ash To Net. 4.50 5 Portsm'thSD3345'20-22A&O 4.50 Winston-Salem-55'24 M&S Oswego 434s 1920-29_ M&N 4.50 Sandusky 5s '20 to '26_F&A 5 J&J 4.50 58 gen impt 1944 A&O 3Ms 1920-22. 4.50 M&S '21 to d 55'20 Springfiel 5 M&S 4.50 58 Sept 1920-1947 Penn Yan 4.355'20 to 310ot 4.90 *55 1931-1934 5 J&J 4.50 434s July 1 1942 Po'keepsie 434s 1922...F&A 4.40 S Big Sep '-'M& 4345 5 J&J 434o July 11052 4.50 3348 1920 to 1930___M&S 4.40 ------M&S 1921-1925 4s DAKOTA 4.50 NORTH Putnam Co 434s'20. 29 F&A 4.90 SPringf'd SD*55'20-'39.J&J2 4.50 4s Fund'g Mar 20'21_ M&N Queens Co-45 1927_ J&D_ 4.90 M&S -----'20-'35 *55 lle Steubenvi '24-38 May 4.50 55 Grand Forks Richmond Co-445 g'21 J&J 4.75 5.10 Toledo *55WW '37-'44 F&A Renville Co 65 March 1922 Rochester-434s FdgApr '44 b 4.55 4.407 4.75 M&S, 1949 Sewer *55 July 1925.J&J Ward Co 434s J&J b 4.55 4.40 15 1933 4.75 '20 15 Sept Imp Gen '434o OHIO (See foot-note *) t5_M&S b 4.55 4.40 4.75 4.80 *4348 Sept 1 1928M&S M&S 'Akron-So 1923 4348 Pub Imp no-48F&A b 4.55 4.40 4.40 F&A 38 '28,'33&' 4348 Bdg 4.80 *55 1920-'24 & '28____Var %s School 1921-45_ _J&.I b 4.55 4.40 4.40 A&O 1926 48 4.80 3_A&O 4.40 J&J b 4.55 4155 Water 1920-195 4548 1921-1936 4.40 J 1942__J& 1 July 4s Park 4.80 M&S W 1924_ *5T J&J b 4.55 4.40 48 1922 to 1927 4.40 M&N 1930_ Refund'g 3348 4.80 *4 WWDec31'20 37J-D3I 4s Imp Sch Ace '21-'47_J&J b 4.55 4.40 4.40 '29 to '23 Toledo Sch DLst-45 A&O J&J b 4.554,40 4o WW 1942 48 Jan 1046 4.50 M&S 55 1929-34_ Co Warren 4.90 _MD Alliance 4345 1927-32 48 W W Imp 1947._ _J&J b 4.55 4.40 4.80 A&O '20-'25 Youngstown *15s Ashland Co-4,15345 Bridge 3348 Imp July 1 1924.J&J b 4.55 4.40 0 4.80 *55 Police Bdg& St '20-'32 5 Oct 15 '20-Oct 1 '23_A&O 334s Ref 1933 opt '13.J&J b 4.55 4.40 4.80 A&O •434s 1920-1957 4.40 '24_J&J 334s Bridge Sept 1 '21.J&J b 4.55 4.40 47.86 Butler Co 4345'21 & 4.90 Youngstown School Dist704349F1-Emer'21-31 M&N Co-45'20-34 M&S 4.80 M&S _ 4.50 ' 434s 1944-1947 4.50 Cambridge-434o'21-'34 J&J 334s Fund '20 to '24_J&D 4.50 Zanesville-705s City Hall 4.50 J&J 45 1923 Rome 434o_ Sept 15 '31_ _J&J 4.80 M&S & Market 1920-39 5 4.50 M&S *55 Sewer 1953 Rye-So Mar 10'20-38_ M&S OKLAHOMA 5 4.50 ' 5s Sewer 1931-37_ _M&S 8aranacLake434s'20-26 M&S 4.75 434s Oct 15 1924-33..,,A&015 4.50 Canton *55 Sew 1953_M&S b 5 4.75 4.455FirelIouse '20-'39J&J 4.75 F&A -1920-27 4s Funding 4.75 5 b 415345 Fund 1921-37...MD Saratoga Springs100 99 ___M&N 1922_ Ardmore-5s 4.55 • 43-s Water-Wks'30_M&S b 4.55 4.35 4348 Park 19'20-40.....A&O 8-F&A '22-'31_ 45 Co Canadian 4.35 b 4.55 0% 4.004.5 48 '21,'22,'26 & '27_F&A Scarsdale 434s '20-'45_ _J&D b . 4,80 Muskogee-4%8 1925.M&N *Canton S D 55 1954 _ A&08 Schenectady 5s '20-'33__J&J b 4.60 4.50 100 97 M&N 1 1924 Nov 4.80 55 • *4.408 1956 100 4 s 1920-1931_A&O bb 4.004,50 4.70 55 Funding 1929._ M&S 97 4.00 4.50 Cincinnati-4.4%s St'32.J&J 100 4348 Pub Mkt'20-'30 A&O b 4 M&S_ 97 55 Sewer 1936 4.70 J&J 00 4.50 J&J *434s July 1943 4 8 1920-1934 Zoo F&A op'22 37 4.70 Okla City-58' _ 4.45 '434s Park 1953._ M&N 4.90 Schenec Co 4340 '42-158_J&J M&S 1936 55 Water 4.70 _A&O '434s Sewer 1955.._ _ .50%0 4.90 9 Solvay 4348 1920-40_ __F&A b 4.60 4,,A&O '30.. 9 4.70 55 Fund Oct 4756 *4' 5 Sew Sep 3'37_M&S3 4.90 Suffolk Co 434s '24-'32_ _J&J __J&D 1034.. Dept Fire 55 4,40 4.50 F&A ---4s Aug 1 1934 4.90 4348 Oct '20-'39._ _-A&O F&A 1930 4345 Sewer 4.40 4.40 45 5 f 1941 opt 1921___J&J 4.90 Syracuse-48 Wat 1920_J&J J&J 1941 W W 4345 4.40 4.40 M&S 4s Sept 15 1949 4M5_1920-35 Various 4.90 4.40 Okla City S D 48 1933_ J&J 4.40 F&A 3.655 g Feb 1937_ 4.90 58 May 15 1920-1938 Var. 1931 1930, 1926 55 4.40 4.40 M&N 334s Ref '56 opt '36_ 4.90 48 Refunding 1929_ _J& D 4.40 Okla Co4345 '24-'33:MD 4.40 334s 1938 opt 1918 F&A 45 Water July 1 1920_J&J eOkmulge 4.40 F&A 4.40 J&J 334s Water '45 op'25 4.90 33.4s Water 1028 4.40 55 W W Ext Mar 15 1943 4.40 334s Ref 1052 opt '32_J&J 5 35 Water July 1 1920_J&J 4.40 Payne Co 4 34s'20 to'29 A&O 35 Water 1939 op'19_F&A !Yoga Co 55 1920-30_ M&S b 4.554.40% 4.50 OREGON 4.40 Cinc S D '434o 1934_A&O 13 Tonawanda 434s'21-142_J&J 4.80 4.55 44_A&Ob '24-Apr' Ilway 434s 4.40 M&S 0% D b 4s 1936 opt 1906 Tro -41i 1920-1925_ _J& b 4.004.50% 4.40 45 Highway 1923-42_ _ _A&O b 4.80 4.55 3345 1940 opt 1912 A&O 4 s Sc ool 1920-31_ _F&A b 4.004.5 0% 45 Highway 1922-41.._..A&O b 4.80 4.55 Cleveland4 s Feb 15 1920-1957_ b 4.004.50% 4.70 45 Aug 1 1928-1933_ ___F&A b 4.80 4.55 'So W W 1036-1968 J&D 8-48 ater 1920-1925__J&D b 4.004.5 4.70 Albany 55 ref'31 op'21.A&O F&A 4 60 4 . '34 . 1 50 .*4s St imp Feb A 48 Sept 1 1926 J&D 4.70 Astoria 5s 1953 *434s St Imp Febl'32.F&A 5 334s Water 1920-30_ _J&J b 4.00 4.50% 4.40 M&S 1934_ 55 City 4.70 Baker M&S 1949._ M&N '434o March 5 Utica-4%s 1920-35_ _ A&O 1934_ 55 Co 4,70 Clatsop 4.40 *434s Fire dep'20-'55.A&O 3348 Nov 11020 to'35 Nov 4.40 Columbia Co 55 Road 434s ClarkAvBdg'42_A&O 5 Warsaw Union Fr S D No 10 A&O Apr 1 1924-'29-'34 4.40 4.50 A&O 1931 Oct Bridge 454s 1920-1942 5 4348 4.40 Dallas City 58'20-'26_ M&N 4.50 A&O 1938 _J&J 434s Park 5 Watertown 4348 1942_ _ M&S 1942 58 4.40 Eugene 4.50 A&O 1930 M&N Paving 4.105 1938_ 1 May 4s 4.40 Multonomah Co 434s'32J&D b 5.25 4.90 4.50 4.10s Sew Const '30_A&O 4.90 334s Sewer '20 to '27 M&N 5.25 b 9__M&N 0 1920-192 Road 4.40 55 A&O 4.60 45 Infirmary 1920 434 West Seneca 55 '20-'38_A&O b 4.50 4.40 4.40 Portland-5s g C H '22_J&J A&O 45 Water 1920 Weetch'rCo334s'27&'28J&D 4% F&A 5 Ms_Aug 1928 4.40 MD 4.50 4.40 0 b 1925 __J&D Sewer 45 1029-54_ 1 June 4% 5s J&J 4.40 58 Water 1923 45 Refunding 1927...A&O 4iParkway1962-86J&D b 4.50 4.40% 4% 4.40 55 gold Bridge 1925 A&O A&O 4s Park 1929 434g Co Bldg 1927-44.A&O 0 4.50 4.40 434 M&N 1943_ Dock 4.40 434s A&O 4.50 b 4.40 1931 M&S _ Park 4s 1920-59_ 4% 45 o Bldg _A&O 1920-47_ Oct 4.40 434s A&O 4.50 4.40 45 Park 1924 4% Is 1930 to 1935_ _ _ _ F&A 13b 4.50 4.40 45 gold Bridge 1934 _J&J 4.40 40 Grade Cross'g '30_ A&O 4% 4348 San Sew '33-'82_J&J M&N 4.75 45 Water 1937 4.50 Cleveland S D *4340 '20-'35 5.10 White Plains-4s '20-'28 F&A ofAstoria5sHar'24-'29J&J 4.40 Pt A&O 4.50 _A&O _ _ 1922 1931_ 45 5.10 334s Water 55_ Harbor Bay Coos of 4.40 Pt J&J 4.50 Nlv 1 1932 49 July 5.10 434s Fund '21 & '22_ _MD Port of Portland 55'22 _J&J 4.50 Clifton in Cincinnati)5.10 5s Refunding 1922_..A&O 4.40 45 Dry Dock 1934...... J&J 4.60 4 Ms ater 2d ser'22 A&O Wolcott434s•Ily 15'20-42.J&J 5.10 4.40 Salem-•-55 Sewer'20-'33M&N Columbus-434sSew'21M&S Yonkers-4s '20 to '25_ M&S b 4.60 4.45 PENNSYLVANIA 4.40 J&D 45 Dec 1 1927 4s Water '20 to '22__A&O b 4.00 4.45 4.40 4345 July 1924, 1929, 1934 45 Sewer '33 opt '13_M&S 454s Mar 1 '27-'56__A&O b 4.60 4.45 4 4.40 1939, 1944, 1949__J&Jb 4.05 45 Wat-W '45 op '20_ M&S 334s May '20 to '24_ _F&A b 4.110 4.45 4.40 Allegheny-45'22 & '27_J&J b 4.25 4.15 _J&J S% 1012_ b 4.1)04.4 opt 1932 334s 1923-27 5s April 1 4.15 b 4.25 M&N 1937_ Impt Street 4.40 4s A&O b 4.004.45% Columbus S D 45 1926_ M&S 5s 1920-1938 4.40 3340 1920 to 1931___A&Ob 4.40 4.30 3345 March 1 1923_ M&S 4.40 Allegheny Co 4548'43_M&N b 4.25 4.15 Cuyahoga Co-5s 1920_ A&O NORTH CAROLINA F&A b 4.254,18 4.90 4s Road 1938 100 9?M 100 M&S 9 8 *55 Bridge 1920-27_ A&O Refund 1921 4%s A&Ob 4.25 4.15 4.90 45 Road 1939 *58 Ref 1920-1939_ A&O 45 Refunding 1950 F&A b 4.25 4.15 4.40 45 Bridge 1942 .J&J 97 4s Ref 1920 to 1926_ A&O 49 Building 1951 4.40' 3345 1932 opt 1922__MacN b 4.25 4.15 A&O 5.50 45 1920-1941 Albeinarle 65 1920-38._ F&A 97 Altoona-4s '34 opt '14.J&J 96 5 *Dayton-5s 1923-'32_ M&N b 5 4.75 Asheville 5s Ref 1941._ ...I&J 97 4s Ref 1936 opt 1916.. J&J 96 5 J&J. *5345 W W Imp 1944_J&D b 5 4.75 58 School 1943 97 4s Highway '37 op '32 J&J 96 5 J&J *55 W W Imp 1945._ F&A b 5 4.75 97 554s 1920-1957 96 '35A&O to '20 48 D S 4.75 Altoona b5 5 434s W Wimp 1940.J&D ' 51's Street 1920-36_ &A Braddock 4348'20-'44_ M&N b 4.30 4.25 5 A&O ciMs Bdge 1933-39_A&O b 5 4.75 0 4s April 1022 M&N b 4.304,25 4.40 45 1920 to 1935 5 Dayton S D 4s 1920._ M&S BuncombeCo5s120240J&D 4.50 Chester-338 1929_ _J&J b 4.50 4.40 0 5 East Liverpool 45 1940.J&J 4s Funding 1939_ M&S 97 J&J 96 tax-exm_ '17 opt '37 4.50 A 48 1923_F& 5 Elyria 45 1920 to 68 Bridge 1928-37_ _ _A&O J&Jb 4.304,25 45481930-35-40 4.50 4.90 49 Water 1924 to '38_J&D Charlotte-58St&Sew'29..J&J 4.25 4.30 b 7-'42_ 4345'32-'3 D S 4.90 Chester _J&J 4.00 55 W W 1929-1946 55 School 1920-46... _ _ F&A Easton-334o 1928_ _A&O b 4.50 4.40 0 4.90 Findlay City S D4349 Water Mar 1035_J&J 98 4.90 Easton S D 48'24 op'24 F&A 97 J&J 4.90 4'55 1920-1927 99 434s Water Oct 1 '41_ A&O 4.50 Erie-4.Street'21 op'11 J&J 98 4.90 Fostoria-4s 1925_ _ _ M&S 434s School Oct 1 '41_J&J 4.25 4.35 b J&J '24 op 1934 5 Ref 434s M&S 4.90 '20-'40 *55 W W Imp 4 1 15 July 1 1942_ _ __J&J 4.25 b 4.35 ___F&A 4.40 Erie S D 48 1920-38_ 4.90 Franklin Co 45 '20-'25_ M&S Durham-4 MsSew&Lt.'41J&I A&O b 4.35 4.25 4.90 45401920-1937 4.90 41.55 Fl-Emerg '20-'29.M&S 4%s Fund 1921 to 1940 b 4.35 4.25 454s Jan 1 1936-1946 '20.F&A 25 4.90 Aug 48 Gallipolis to 1945.J&J 1921 Water 55 b 4.35 4.15 '26.A&O Road 45 Co 4.75 F&A Fayette '43_ 4.00 Co Hamilton '434o 55 Fd & Sewer '20-'39 F&A b 4.35 4.15 A&O 4.75 4s Road 1936 4%% Oct 1 1939___A&O Granville Co-4148'39 M&N b 570 4.85% b 4.35 4.20 _J&J 1920 g-48 4.40 Harrisbur J&D -----'16 op 55 . 4 45 C II J'ne'36 Greensboro-58 W W '30 J&J b 4.35 4.20 M&S 5 45 Aug 31 1926-32 4.90 Ironton *434 W W 1936 J&D 58 Aug 1 1942 W___ _ _F&A b 4.35 4.20 M&S '36 to '20 Imp Pub 4.50 4s A&O 4.90 Lakewood 4348 '21-'39_ 45 Water-Works 1954_J&J 4.90 Johnstown-5s '21 op_ M&N b 4.35 4.20 A&O 5 '434s Oct 1945 Greenville 55 W W '58_F&A 4.35 4.20 M&Sb 1923 1 Sept 1,3 4.90 4 &O '20-'41A p 5 *lis Park&Im 65 Water July 1920-24J&J 4.90 434o 1920, 1925 & 1930... b 4.35 4.20 5 *Lawrence Co 55 1934_ M&S Iredell Co 55 Aug 1 '42_ F&A 4.35 4.20 M&Sb opt 1930 'Building 4s 4.50 '25A&O -----to '20 5 Lima 48 Sewer Lee Co 58 Road 1952._ M&N 4.90 Lackawanna Co 4s 1944F&Ab 4.35 4.20 5.25 *434s Oct'20-Oct'30..A&O Lincoln Co 55 1043& '48 J&J 4.35 4.20 b _Q&J 1920 Jul -4s 4.50 Lancaster A&O -----5.25 334s Ref'30 opt'25 58 Bridge 1937-1951_ F&A 4.50 48 Street Im '38op'28 A&O b 4.35 4.20 5 Lorain 50 1920 to 1932 _J&J Mecklenburg Co-65120.M&N 4.40 4.30 b M&S _ 1934_ Sewer 4.90 M&S 334o *55 W W Ref'20-'27_ tts Fund 1020-1936_ _ M&N 4.40 Lancaster S D 4s May 1948_b 4.35 4.25 M&S Lucas Co 45 C-H 1944 M&S 454s 1943-1947 4.25 4.15 b ionTp4s 8 LowerMer .4348,434 i) Cincinnat 5 Madisonville (in Pitt Co 55 Fund June'59 J&J 4.40 McKeesport S D 4345 1920-_J&J 5 /Ss 1932 opt 1922_ J&J Raleigh Os 1921 4.35 4.25% M&Nb 1943 4.80 MD Marietta-*4 345'20-'33 A&O 581927 4.40 Norristown SD 4345'43 J&Jb 4.30 4.25% 5 3345 1931 opt 1911 F&A 58 Munic Bldg 1939__J&J 9734 97 J 1937__J& hia 4.00 Philadelp M&S 5 Marion 58 1920 to '23 58 Water Wks 1943_ _J&D 105 J&J 104 4.50 434s May 1948 Martin's Fy 5s '20-'44_MJES 5 58 Impt June 1 1944_J&D 10334 J&J 10434 1948 1 Nov 434s 4.50 F&A '24 to 4.00 Mercer Co-5s'20 Rutherford Co 55'23-'52 J&J 104 103 4.50 4340 March 1949 5% Middletown45'30op'20_F&A Surrey Co 08 May 1933-58_ 97 J&J 97 45 July 1939 5 Montgomery CountyWake Co 55 Fund '48_ __J&J 97 97 J&J 45 July 1940 4.90 So FI-Emerg '23-'42 J&D 5.10 ' Weldon 68 Jan 1924-1942.. 97 97 J&J 1942 July 45 4.90 '20-23 tl 5 MuskingumCo*5sOc Wilmington-58 F'd '22_J&J 97 97 J&J 4.90 48 Nov 1943 5 Newark 41434s 1920-41_A&O 58 ref & Impt 1955._ A&O 97 J&J 97 -is Nov 1944 4.80 5 Norwood-434s 1925 _J&D 434sg Wat & Sew '48 A&O 97 97 J&J 45 Jan 1945 4.40 A&O 4s 1930 ts 4348 Wat & Sew 1052.J&J 97 97 J&J 1 1946 Jan 40 4.50 J&D th-4s .5 '20-'24_ Portsmou 48 g Ref July 1 1029 J&J b Basla. 4 Now part of New York City. /Flat price. n Nominal. 1 1913 by municipalities in *Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. that State are subject to taxation. Bonds leaned prior to Jan. 1 1913 are exempt from taxation. w gekland kv 0 • 54 STATE AND MUNICIPAL BONDS Bonds To Ask. Net. [Vol,. 110. To Net T. Bonds Bid Ask Bonds Bs& Ask tV Memphis bs July 1954_ _J&J 4.90 Lynchburg (Concluded) bs 1920-1927 F&A 4.90 4s Water 1951 J&J b 4.90 4.80% bs River Term '23-'48A&O 4.90 48 Ref Oct 1934 b 4.90 4.80% 5s Audit Mkt'25-'49 O&J 4.90 Newport News 4%s'48 Jj a 5-4s Refunding 1926_J&J 4.90 4 s Feb 1953 F&A 5 43.s Refunding 1939_J&J 4.90 4s Street Nov 1 1941 M&N 5 4 s St Impt Arc '46_F&A 4.90 Norfolk-5s Ren 1923_J&D b53.4 4 s Park 1947 J&J 4.90 53 Municipal 1921 __F&A 65%, 5 4 s Street 1947____M&S 4.90 5s Municipal 1949 __F&A 65% 5 4%s 1950 J&J 4.90 bs Municipal 1969 __F&A 65% 5 4 s Park 1959 A&O 4.90 4 s Muffle Impt'42 M&S b5% 48 Water 1933 M&N 4.90 4 s Renewal 1941:..A&O bb% Memphis S D 43s '59_ _J&J 4.90 4 s Imp July 1940 J&J 65% 5 Nashville-5s Wat 1921J&D 4.90 4s July 1 1932 J&J 5 5s March 1933 M&S 4.90 48 Water Oct 1 1934_A&O b5y1 5 5s 1920-1935 M&S 4.90 48 Impt March 1936_ M&S b5h o 5 5s Sch 1920-1945_ _J&D 4.90 Petersburg 43.s 1952_ A&O I 43.s Sewer 1923 A&O 4.90 Portsmouth-4%s 1940 F&A 5 4 s Street 1935 J&J 4.90 4gs Imp Oct 1 1942_A&O 5 4 s Trunk Sew 1940_J&J 4.90 4 s Sch & Sew 1938_J&J 5 43s High Sch 1940 _J&J 4.00 5s Water 1948 J&D 5 45 (Tenn C RR)'24_ M&N 4.90 68 Ref 1928 J&J 5 4s Sewer 1927 J&J 4.90 Richmond 5s '21 to '22_J&J b 4.80 4.70 4s Water 1928 J&J 4.90 4%s Pub Imp 1949 J&J b 4.80 4.70 Putnam Co 43.s 1941 July 1 5 4%s St&PkRAISep'29_J&J b 4.80 4.70 0 RobertsonCo4s'41op'31_J&J 5 4s 1920 to 1930 J&J b 4.80 4.70Shelby Co-4)isSch'41_J&J 4.90, 48 1938 to 1943 J&J b 4.80 4.70 4s Court House 1955_J&J 4.901 4s 1924 J&J b 4.80 4.70 bs Sch 1929, 1939, 1949_ 4.90 4s Jan 1 1926 J&J b 4.80 4.70 TEXAS 43 1938 J&J b 4.80 4.70 Austin 53 1920-1942_ _J&J 5 4s 1941 J&J b 4.80 4.70 5sSchBg&Hos'52op'32J&J 5 4s Jan 1 1942 J.4,4 b 4.80 4.70 4%% Refg 1920-1946_J&J 5 4s 1943 J&J b 4 80 4.70 Beaumont 53'52 op '32_ A&O Roanoke 43s Ref 1936_J&J b 5 4.80 58 Water Works 1954.M&S 5 43.s St Impt May 1940._ _ 4.80 4s 1942 opt 1922 J&D 5 4 s Pub Bldg 1941_ M&N b 5 4.80 Cleburne5sWW'52op'32.J&J b 5.10 5% 4%9 Pub Bldg 1944.. M&N b 5 4.80 Dallas-5s 1931 J&D 4-.T36 43 St Impt 1936 J&J b 5 4.80's 5s4 Aug 1928_ _F&A 4.80 Stafford Co 59 1042_ _J&J 5 4 s 5th 1920-1952_ M&N 4.80 Tazewell Co 53 1923-46_J&J 5 4s Water '47 op '17_ _A&O 4.80 WASHINGTON 43 Water '20 to '49_ _ M&N 4.80 Aberdeen 5%s '22-'31 _J&D 5 43 School 1920-'51_ _ _J&J 4.80 Bellingham 58 1926 ..A&O 5 DallasCo4%9Sep 10'51Apr10 4.80 Clallam Co-4%s 1921 M&N 5 bs Viad & Bdge Feb 10 Clarke Co 5s'35 op '25 Jan! b 5% 4.90% 5 1954 op 1924_ Apr 10 4.80 Everett bs July 15 1931_J&J 5 ElPaso5sWWPurch'50_A&0 5.10 bs June 1936 Jm&s,Ds 5 58 Fund 1951 opt'31_M&S 5.10, King Co-5s 1928 4.85 58 School 1955 op '35_,J&J 5.00 58 C't House '33 opt May 4.85 53 Imp Aug 1 1048.. F&A 5.16 55 Road 1035 F&A 4.85 Fort Worth-69 1922_ _ F&A 5 41.9Harb opt '22-'30 Novi 4.85 bs Apr 1951 opt '31_ A&O 5 Lewis Co bs 1923-32.. _M&S 4.85 43.sStImp'48opaft.'28J&J 5 Pacific Coch '48 op aft '28 J&J 4%s Ref July 1 '28-'36_ 4.85 4 s Sch'49 op aft'29_J&D ' 3 ) Pierce Co 58 net'25op'15A&O 4.00 4s Refunding 1941___J&J 5 58 Sept 1928-37 1 Sept 4.00 Galveston4s Ref 1926 opt 1916_ M&S 4.00 Ss Lim debt 1932-1936 J&J 97 100 Port of Seattle 59'20-'55M&S 5 58 Grade Rais 1944 A&O 97 100 4%s Jan 1021-1955_ J&J 5 58 School 1920-1954_M&S b5 Seattle-bs 1920-1930„J&J 4.85 5s Wat & Sew 1920-34M&S b5 5 4 s Sewer 1927._ _M&S 4.85 bs 1920-1956 A&O b5 5 J&J 43s Water 1931 4.85 4%s Grad &c'48op'28 J&J b5 4s Park 1931 J&D 4.85 43.sGrad &c'49op'29 A&O b5 4 s Light ext 1032__J&J 4.85 Galveston County4s lb Oct 15 22-A&015 4.85 58 Bd Apr 10'51op'31A&O 98 100 48 April 11020 A&O 4.85 Harris Co 48'47 op '17..A&O 4756 Seattle SD No!4%9'24 M&N 4.85 Houston43.s Mar '20 to '3E_ M&S 4.85 5s Sew Nov 15 1939_M&N 4.00 Snohomish Co 58'31 op aft'21 4.00 bs RefOct16'41 op'31 A&O 4.90 Spokane 58 Park 1027....J&D SOUTH CAROLINA 4.90 58 Mun Imp '26-'36._ F&A 4.90 4 s Bdge Const 1931 J&J 43s Blue 1928 4.90 J&J 100 101 49s Sept 1920-1952 M&N 4.90 4 s Water 1935 J&J 48 Refund 1952 op 1932_J&J 94 4.00 96 43.s Oct 26 '38 op'28 A&O 4.90 4 s Park 1962 J&J Charleston-Ss Oct'22_A&O 99 4.90 100 ' . Port Arthur bs 1920-56 M&S 97 99 43s Bridge 1920-36....J&J 4%s 1928 4.90 A&O 4.75 San Antonio-5s'23-'53M&S b 5.104,80 48 Water July 1 1925_J&J 48 Sewer 1929 4.90 A&O 4.75 53 Sept 1920-'53 M&S b 5.104,80 SpokaneSDNo81 4%8'29J&J 48 July '37(tax-exm&J 4.90 4.75 Ss Sept 1931-1959 b 5.10 4.80 4%s May 1 1931 M&N 48 Refg '38 (tax-exm _J&J 4.90 4.75 4%s May 1 1920_ M&N b 5.104.80 4s Aug 1 1020-1922_ F&A Cheraw 5s'52 op '32_ _July 1 99 4.90 100 Imp Dist No 2 1943_ b 5.104,80 0 58 St Spokane Co 48 '21 op '11J&D Columbia-6s 1921__J&J 4.00 4-66 San Antonio S D 58 '56.. F&A 8-- Stevens Co-43.s'29 op '1958 Ref Mar 1 194E.... M&S 5.10 4.90 Tarrant Co-5s Road & Bdg Tacoma-5s g Feb15'20F&A 43.s Water 1945 4.90 J&J 4.90 Apr 10'52 op '22....Apr 10 5 Refunding 5s '20-'33_J&D Greenville-5s 1940_ _ _ _J&J 4.90 4.90 Waco 5.9 Impt 1920_ M&S 5 419 Lt & Pow 1929 _J&J 58 Street 1942 4.90 J&J 4.90 58 Nov 1 1934 M&N 5 4 s Refdg 1931.. A&O 58 Water 1958 4 90 F&A 4.90 5s Sewer 1937 J&J 5 Tac D No 10 4%s'20.. F&A Greenville Co43s'40-'55J&J 4 00 4,90 bs Water-Wks 1942_ _J&J 5 WhatcomCo4Y29'22op'12J&J ----Richland Co 58 1933_ _ _J&J 4 95 5 48 Jan 1 1931 5 WEST VIRGINIA Rock Hill 58 1951 op'31_J&J 5 UNITED STATES-Se e Page 49 Charleston 4%9'41 op'27J&J Spartanburg 4%s 35.. A&O 4.00 4.00 UTAH Clarksburg be '20-'53_A&O 58 Sept 1 1939 1.90 4.90 5s Capitol Bld . 1934_ _J&J 4.70 ClarksbgSD 59'41 op'21M&S Spartanburg County4.90 Capitol Bldg 1934_A&O 4.70 County-55 Grant Hancock 41.45 1923-1927 M&N 4.00 4 s Road 1939 J&J 4.70 Road Dist'46 op '32_ M&N SOUTH DAKOTA 5.25 4s Capitol Bldg 1934..__J&J 4.70 Huntington 5s 1944.. Oat be Mar 15 1931-35._ M&S 15 5 i5 48 Carol Bldg 1924_ J&J 4.70 Martinsburg 58'43op'29 Decl 5s June 1 1924-'39____ J&D 5 5 3%8 Refunding _J&J 4.70 MercerCo5s'44op'24A&O 15 451s Rural Credit 1939_J&J 5 Box ElderCo4 sSch'32F&A 4.70 Parkersburg 48 Wat '29 June Aberdeen-5s '20-'21_ _A&O 5 5 Ogden-4%s 1929_ _J&J 4.80 4%s June 1 1933.. _J&D 4%s Sewer Jan 1032_ _J&J 5 5 Refunding 43s 1932_J&D 4.80 Wheeling-es 1924 op Nov Sioux Falls bs 1931____J&D 5 5 Ref 4%s Wat 1933 M&N 4.80 1920 City 1006 July 5s op Sioux Falls S D 58 1935_A&O 5 5 49 Ref 1921 opt 1911_J&D 4.80 43s Bdge '24 op '06 July 5 TENNESSEE Ogden S D 48'22 op '12_J&J 4.80 48 Ref 192010 1936 July 4 s July 11920-67 5 J&J b 4.90 4.657 Salt Lake City 4%s '24_J&J 4.80 WISCONSIN 45s Ref 1920-1955 J&J b 4.90 4.85 Ref 5s 1920-1928_ M&S 4.80 Appleton 4%s 1020-32_ F&A 4s 1938-1955 4.70 J&J b 4.90 4.65 4%s May 1 1934_ M&N 4.80 Fond du Lac 4%9'20-'35 Mar 4s et 1920-1955 4.70 J&J b 4.90 4.65 49 Refund Jan 1921_ J&J 4.80 Green Bay 4%s '21-'33_J&J 48 1932-1953 4.70 J&J b 4.90 4.65 4%s ref 1934 M&N 4.80 J&J 48 Refdg 1920 Blount Co bs 1921, 1926, 4.70 48 Water '20 opt '10_A&O 4.80 Kenosha-3%s'20op'09 J&J 1931, 1936, 1941,'51_J&J 4.70 5 48 S & W '25 opt '15_A&O 4.80 LaCro8se4%9'32 op'22 F&A Chattanooga 58 1920A&015 4.70 4.90 Salt Lake City S D 49130J&J 4.80 45 Water '31 op '21 _J&D 43a Publlc Imp 1937_J&J 4.70 4.90 4%s Feb 1 1932 F&A 4.80 Langlade Co 49'20 to'23J u n1 4.70 43.s Rfg Apr 15'39A&015 4.90 4%s Aug 1 1933 F&A 4.80 Madison-48 Oct 1931_A&O 4 s Sew,&cDec30'41J&D 4.70 4.90 Salt L Co 44s'26op'16 F&A 4.80 Marshfield 4%s '22-132.J&J 4s Park 1942 1.70 M&N 4.90 VERMONT Milwaukee 591921-1039 J&J 3%s Jan 1 1922 4.65 J&J 4.90 4%9 Oct 1 1020-1949 A&O b 4.30% 55 1020-1939 4.65 J&J Cocks Co Rd & BrgeBarre-3%9'22 op 1918_J&J 96 -----43s 1921-1939 4.65 '24, '29, '34, '39_ _ _ _ M&N b 5% 4.90% ___ Middlebury 49'41op'21 J&J M&N 88 -----4 s 1920-1930 J&J 4.65 Cumberland Co 58 1956_J&J b 5% 4.90% Rutland-4s g 1024...... M&N 96 4 s W W Jan '21-'32_J&J Davidson Co 4%8'37opF&A 4.65 4-.66 VIRGINIA 4s Park 1920-1935_ J&J Grainger Co 5s 1940_ __ F&A 4.65 5 Os deferred ctfs 1871_ _J&J 45 Viaduct 1921 to '20 J&J Hamilton Co 58 1944__A&O 4.65 5 Brown Bros ctfs 52 54 3%s July 1920 to '21_J&J 58 April 1 1935 4.65 A&O 5 3s "Riddleberger" 1932 opt Milwaukee Co 49'20-'25M&S 58 Aprll 1 1945 4.65 A&O 5 1900 J&J 88M 89 Oshkosh 4%s 1920-34_ F&A 434s 1941 4.70 J&D 5 as Funded debt 1991_ _J&J 80M 81 Racine '20-'30_ 4%s Ref F&A 4s C H & Jail '42_ _A&O 4.70 5 Danville-4s Refg 1931_J&J 4s School 1920-1923_ F&A 43.s Bdge & Sch 1947A&O 4.70 5 4%s Ref Aug 1942.. F&A 5 3%s Sch '20 op '09_July 1 Knox Co 58 1930-1945 4.70 5 Lee Co-Ss 1921-'41 _J&J 5 Racine Co 4s'20 to '23_ F&A Knoxville--5s g 192E..A&O 4.70 4.00 Lynchburg-5s '26 op _J&J b 4.904.80 Wausau-4%s '20-'33_ A&0 53 Refunding 1940_ _ M&N 4.70 4.90 4 s Ref June 1 1927_J&D b 4.904.80 WYOMING 49 Funded &c 1937 J&D 4.90 45.s Pub Impt 1939_ _J&J b 4.9014.30 OS Insane Asy 1921 _ Jan 101% 102% 4 s Water-wks 1949.J&J 4.90 4 s Pub Impt 1946__J&J,b 4.904.80 0 Os Pub Bldg 1920-28._ _July 105 June 1 1929 106 J&D 4.90 Cheyenne 59'31 op '11 .F&A 994 101 6 Basis. f Flat price. n Nominal. Bid. Philadelphia (Concluded) 48 Nov 1 1966 J&J 97 97% 3%s Water 1931 J&J 91 92 31.e July 1932 J&J 91 92 3%s July 1 1934 J&J 89 90 ihila S D 4%s '24-'43_ _J&J b 4.40 4.25% 48 1923-1942 J&J b 4.40 4.25%. P1ttsburgh-4%s'20-'50J&D b 4.35 4.20 4s May'25 op'10-'22 M&N b 4.35 4.20 4s 1920 to 1927 M&N b 4.35 4.20 4s 1921 to 1939 J&J b 4.35 4.20 48 1920 to 1936 J&J b 4.35 4.20 0 4%s '20-'38 taxable_ M&N b 4.35 4.200 7 33js Apr '20 to '30__A&O b 4.75 4.50% Pittsb S D 43(s'22-'27_ _J&J b 4.35 4.25 Reading--49 '20 to '28_A&O b 4.35 4.20 4s 1923-1928 M&S b 4.35 4.20 0 48 1921, 1926, 1931 4.35 4 20% Schuylkill Co 3s '21 opt J&J b 4.35 4.20 Scranton 44s '20-'41__F&A b 4.40 4.23 0 48 1920-1937 M&S b 4.40 4.23% 48 1920225230-'35_ _A&O b 4.40 4.23% Scranton Sch District 4s 1923-'28-'33 A&O b 4.40 4.25% 3%s 1920-1932 F&A b 4.40 4.257 Uniontown 49'28 tax-exM&N b 4.40 4.25 Wash'n Co 4%s '21-'34 M&S b 4.35 4.20 0 48 1924-1933_ _ _ M&N b 4.35 4.25% Wilkes-Barre3%s'20-'29F&A b 4.50 4.35 4s 1921 to 1935 J&J b 4.50 4.35 0 43.s Imp Set I '22-'38A&O b 4.50 4.35% J&J b 4.504.35% 43s 1931-1940 4%s Imp 1940-1945 J&J b 4.50,4.35% Wmsport 31.s '29op'09M&S b 4.3514.20% York 4s 1924-1943_ __F&A b 4.35 4.20% York Co 3%s 1920-'32M&N b 4 40 4.30% RHODE ISLAND 48 Chant Inst 1965__ __M&S 90 ----3%s gold S H 1934 J&J 89 38 State II July 1938_ __A&O 80 -----Bristo1-3 As g 1930_ M&S 87 -----Cent Falls 4s '21-'30._ F&A 93% -----E Prov'ce 49 J'ne 15 '47 J&D 83y. -----Johnston 43s 1920, 1925, 1930, 1935, 1940 M&N b 5.10 -----Lincoln-4s 1928 A&O 92 Newport-43s '20-'39 M&S 97 -----48 gold 1927 F&A 94% 48 May 15 1948 M&N 87% 33.s g High Sch 1954 J&D 77% Pawtucket-4%s 1950_J&J 91y 1 -----4%s Sewer 1952 J&D 91 4s Water 1937 M&N 87% 334s 1922 J&D 95% Providence-4s g 192E _J&J 97% -----48 gold April 1927_ A&O 931 -----48 May 1 1944 M&N 871 48 Jan 1 1945 J&J 87 4 4s July 1956 J&J 84% 3%s Sch & Br 1929.. M&N 88% -----38 Sew & Imp 1929__M&N 84 -----Westerly-4s 1927_ __ _M&S 93 3%s Water Feb 1929_ F&A 88% Woonsocket 4%s Fd '41J&D 92% 43.0 Funding 1944_ _ M&N 92 (*Funded 1920-1959_A&O 99 48 Funding 1941......J&D 86 48 Funding 1947_ _ __A&O 84% 3%s Wat May 1 '31_ M&N 86% b 5,1 402sS 55 BANKS AND TRUST COMPANIES. of Canadian institutions, and are Quotations in this department are given per share, not per cent, except for stocks are nominal. An asterisk (*) often though issue, of date the preceding month the of day closing the for possible as near as value. book the show figures the that indicates price a to (h) prefixed letter The sales. denotes last call; for all other instiFigures of deposits, capital and profits for the national banks are from the Comptroller's are required. For statements periodic no where us by procured being returns direct obtainable, latest the are they tutions the latest weekly statement. from taken are deposits Boston, and Philadelphia York, New of banks House Clearing the Columns Where Names are Printed In Italics Fuller Returns may be Found in the Advertising CALIFORNIA-(Concluded1) ALABAMA-Nat. banks Dec. 31; State institutions latest returns. Gross Surplus Capital. ct Profits. Deposits. Par. Bid. Per $ $ $ 334,691 7,903,767 100 150 500,000 733,014 14,906,942 100 270 500,000 1,500,000 1,691,914 30,413,226 100 280 67,769 3,438,472 100 145 250,000 Per Ask. Surplus Capital. & Profits Gross Deposits. Par. Bid. Ask Per share share. San Diego175 glut Nat Bank _ - 1,000,000 n146,029 n6,897,950 100 120 150 580,220 2,874,771 100 400 410 280 250,000 Merchants' Nat Bk 435,177 5,163,949 100 300 325 300 200,000 San Diego Say Bk. 30,500 1,334,020 100 140 150 1/0 250,000 Secur Comm & S B 125 n80,589 n834,020 100 share. Union Nat Bank -200,000 3,371 1,246,905 100 100 105 100,000 UnitedStatesNatBk Mobile420 415 770,544 12,212,788 100 Southern Tr& Com300,000 First National Bank 250,397 10,949,948 100 160 175 1,000,000 merce Bank 357,411 6,626,771 •100 330 345 200,000 Merchants' Bank__ 307,217 5,359,713 100 260 285 San Francisco200,000 People's Bank 532,449 18,691,421 100 127 131 American Nat Bank 2,000,000 20,607 1,059,499 100 108 110 200,000 Union Com'l Bank_ Anglo-London-Paris Per share. National Bank... 4,000,000 2,657,212 92,022,675 100 175 Montgomeryn47,374 n1,537,167 100 112 115 Bank of Calif, N A. 8,500,000 8,770,694 83,217,987 100 201 200,000 Capital Nat Bk... 8,000,000 2,500,000 127258825 100 102% Bankof Italy 300,000 n133,473 n2,118,744 100 133 140 Exchange Nat Bank 177,141 2,930,749 250 130,000 Columbus El & Moe 1,000,000 n407,709 n4,614,725 100 141 145 First Nat Bank 76,997 4,355,977 100 96 100 Crocker Nat Bank. 2,000,000 4,972,903 40,108,922 100 500,000 Fourth Nat Bank 225,240 2,325,887 100 110 107 850,000 100 714,747 36,447 Don'hoe-Kelly BCo 300,000 Alabama Bk&Tr Co c301 73,727 1,045,407 100 185 200 First National Bk_ 3,000,000 2,379,497 33,728,776 100 100,000 Union 13k dc Tr Co_ 100 108% 12,125,185 501,797 1,000,000 French-Am BkofSay San Fran t1 & L Soc 1,000,000 2,437,687 80,869,724 1001 3825 inoo" 382,139 13,195,912 100 117 125 ARIZONA-Nat. banks Dec. 31; Slags institutions latest returns. Humboldt Say Bk. 1,000,000 118 171,829 10,731,314 Italian-Amer Bank 1,000,000 share. Per Phoenix13,765,999 100 250 1,343,970 2,000,000 Mercantile Nat Bk_ 200,000 n302,471 n4,228,499 100 Nat Bk of Arizona_ 75 100 0,470,481 283,794 1,500,000 Bk Nat Merchants' 100 5,622,669 224,980 200,000 Phoenix Nat Bank_ 35,699 5,259,346 10( 422,700 Mission Say Bank_ 139,693 2,250,778 100,000 Phoenix S Bk & Tr_ 100 275 43,830,316 2,258,297 1,500,000 & Un 13k Tr Say Co 6,433,329 184,747 500,000 Valley Bank 326,299 4,227,142 100 124 137% 500,000 Seaboard Nat Bank 359,965 4,276,308 250 430 500,000 Security Say Bank_ ARKANSAS-Nag. banks Dec. 31; Stags institutions latest returns. 84,005,276 100 180 185 5,571,697 8,000,000 Per share. Wells Far Nev Nat 1,500,000 Little Rock374,720 23,889,218 100 141 Tr Co_ Anglo-Calif 240,590 13,013,118 25 750,000 Am BkoiCom&TrCo 20,517,715 50 585,311 1,500,000 First Federal Tr Co 490,727 10,412 100,000 Central Bank 1,200,000 2,148,379 34,913,447 800 i:idd Union Trust Co 68,847 2,645,724 100 200,000 Per share. England Nat Bank.. San Jose300,000 290,576 5,616,704 100 Exchange Nat Bk.. 300,000 294,959 3,841,775 100 140 150 Bank of San Jose- _ 740,735 31,977 100,000 Lasker-Morris B&T 235 230 100 1,567,509 378,655 300,000 First National Bank 62,779 2,008,940 25 100,000 People's Say Bank_ 121,517 1,910,085 100 200 100,000 Security Say Bank_ 45,079 4,589,266 100 250,000 Bankers Trust Co__ 200 100 1,002,909 124,740 100,000 Security State Bank 160,877 4,591,770 25 500,000 Southern Trust Co_ 518,420 5,267,738 100 235 240 430,000 Gard C Bk & Tr Co 268,247 6,005,189 100 400,000 Union & Mere Tr Co Stockton1,504,788 285,674 200,000 _ Co_ W B Worthen 167,717 3,102,700 80 400,000 City Bank Per share. Pine Bluff193,974 4,958,717 500,000 Cornm'l & Say Bk_ 192,062 1,437,473 300,000 Citizens' Bank_ ___ 1,567,519 100 378,677 200,000 First Nat Bank680.000 25 50.000 100,000 CottonBelt S&T Co 201,536 3,303,320 25 175,000 CANADA-See last page. Merch & Plant 13k_ 100 200.000 n247,472 n3,379,275 Simmons Nat Bank COLORADO-Nag. Banks Dec. 31; State institutions latest returns. CALIFORNIA-Nat. banks Dec. 31; Stags institutions latest returns. Per share. Colorado Spgs-50,000 184,103 1,978,739 100 Colorado Say Bank Per share. 100 101,197 1,720,773 Berkeley100,000 Colorado Spgs N B 471,361 10,016,708 443,100 226,720 8,028,443 100 Berkeley Bk of S&T 300,000 Exchange Nat Bk__ 239,91 4,938,706 300,000 518,320 0,067,719 100 First Nat Bank____ 300,000 First National Bank 101,917 1,882,775 100 300,000 Colo Title & Tr Co_ Per shors. FresnoDenver91,227 2,318,711 100 300,000 228,990 8,535,792 100 Bk & Tr CoCentCal 300,000 Bk & Tr_ 8 Central 100 n7,429,912 n582,292 300,000 665,701 Bank_ 38,377 Nat Farmers 120,000 City Bank 707,544 9,774,149 100 500,000 First Nat Bank_ 500,000 1,808,677 25,204,292 100 Colorado Nat Bank 160,000 n157,302 n3,895,959 100 Union Nat Bank.... Denver Nat Bank_ 1,000,000 1,500,297 23,989,087 100 69,923 2,826,773 100 250,000 Yds Bk Stk Denver Per share. Drovers State Bk_ Los Angeles47,877 1,163,120 100,000 31,801 5,000,930 100 500,000 963,121 27,666,719 100 Cal Say dc Corn Bk. ?int National Bk_ 1,250,000 857,662 28,518,338 100 307% 5,360,790 100 143,294 CitizensNat Bank.. 1,500,000 350,000 Elamilton Nat Bank 300,000 186,324 5,807,170 100 175 220 15,917 1,106,771 _ Commercial Nat Bk 125,000 Werchants Bk 300,000 100 40,074 2,002,928 14,156,294 Nat... 816,541 Continental 400,000 US National Bank_ 220,877 .8,773,712 100 Farmers& Mer Nat 1,500,000 2,101,301 25,974,050 ioo 307 313 500,000 & TrCo. 13k kmer 37,477 1,521,724 100 First National Bank 1,500,000 3,111,714 51,450,422 100 480 510 100,000 libernia BlaTrCo 815,657 26,373 Guar Tr & Say Bk. 1,500,000 1,177,877 29,355,070 100 280 240,000 3uardlan Trust Co 200 100 190 13,829,035 163,690 760,000 3,552,900 Bank... 108,999 HomeSay 200,000 Tome Say & Trust_ 500,000 125,007 12,809,490 100 175 898,052 12,970,100 100 Hibernian Say Bk. 350,000 Tr Co nternational 484,691 20,504,785 loo 190 195 44,911 3,170,724 ____ -- , . Merchants' Nat 13k 1,500,000 200,000 :nterstate Trust Co 800,000 431,887 8,973,929 100 -Per s Security Nat Bank_ Leadyille-823,928 100 Security Tr & E3 Bk_ 3,150,000 1,973,714 74,427,230 loo 310 31234 kinerican Nat Bank 35,677 100,000 454,667 21,221,910 loo 890,000 Hellman Corn T & S 27,334 1,580,941 100 100,000 Nat Bk_ 3arbonate 292,100 0,555,931 loo 750,000 Citizens Tr & S Bk PuebloLos Ang Tr ar S Bk. 1,500,000 1,932,290 38,001,702 loo 984,163 13,241,470 100 500,000 __ Pint Nat 129,004 2,804,344 loo 160 190 200,000 133.044 3.442.270 ____ 100.000 U S National Bank_ A. Tr en Bank_hiAllIn Plitv 137% 150 141,574 5,282,908 750,000 Union Bank & Tr__ 31; State institutions latest returns. Dec. banks -Nag. CONNECTICUT Per share. OaklandPer shar• Bridgeport644,517 18,809,474 30 600,000 Central Say Hank.. 753,117 8,685,729 100 210 500,000 City National Bank Central Nat Bank_ 1,000,000 n1,281,898 n15534172 100 210 175 3,720,675 100 442,717 664,200 Connecticut Nat Bk 27,927 2,039,729 100 238,000 Farmers & Mer Ilk. First Bridgeport N B 1,000,000 1,306,178 11,748,210 100 212 210 000,000 a217,000 a7,815,000 100 First National Bank 447,242 7,024,772 100 160 Bridgeport Tr Co_ _ 1,000,000 78,721 7,703,720 500,000 First Savings Bank_ 90,469 3,966,676 100 130 100,000 Amer Bk & Tr Co.. Oakland 13k of Say_ 1,250,000 1,135,367 39,299,007 75 195 233 32,870 1,095,171 100 130 100,000 WestSide Bank_ 200,307 1,045,973 100 100,000 State Sayings Bank Per share Hartford3,105,263 100 170 183,137 327,087 Am Indus'l B&TCo Pasadena210 8,462,097 100 249,897 500,000 Co_ Tr & Bk City 405,074 3,355,705 300,000 First Nat Bank_ _ _ _ 176,372 2,389,090 100 145 500,000 Colonial Nat Bank_ n38,000 n1,284,000 100 100,000 Security Nat Bank_ 524,301 2,912,331 30 150 150,000 Conn River Bkg Co 140,081 4,356,867 100 100,000 Union Nat Bank_ _ _ 9,462,081 100 230 1,074,917 Bank 1,150,000 First National 119,704 5,102,745 300,000 Nat Ilk ttc Tr Co_ _ _ Hartford-Aetna NB 2,000,000 2,707,429 17,361,667 100 230 134,477 3,448,735 500,000 First Tr & S B 100 250 10,175,336 1,028,119 1,000,000 Bank Phoenix Nat 242,480 4,537,725 100 426,000 Union Tr & Say Bk 709,049 6,559,039 100 410 400,000 State Bank & Tr Co 490 100 3,278,764 370,778 100,000 Per share. United States Bank Sacramento177,277 2,547,364 • 100 320 100,000 Fidelity Trust Co_ 400,864 12,957,329 100 California Nat Bk_ 1,000,000 Tr Hartford-Conn 289,402 8,185,974 300,000 California Tr & 8 B 490 1,250,000 1,849,397 15,311,608 100 Co 134,397 3,395,710 100 350,000 Farm & Mech S Bk 221,708 2,102,237 100 250 150,000 RiversideTrust Co_ 500,000 n1,091,571 n8,034,763 100 NBDO Mills dc Co 3,268,193 100 410 423,772 300,000 Co Tr Security 100 5,182,240 500,000 278,587 People's Say Bank_ 83,929 2,560,774 100 100,000 Travelers B & TrCo 597,599 11,075,320 100 Sacramento Bank- _ 1,000,000 Per share. New Haven71,164 2,313,887 100 150,000 Co_ Tr Bway Bk de San Bernardino 8,950,913 100 1,083,044 1,000,000 Bank National First 027,894 15,807 100,000 California State 13k 620,000 7,547,245 300,000 Mechanics' Bank_ n88,977 n1,291,540 100 100,000 Farmers' Exch Nat 5g 549,840 5,245,494 6 500,000 Merchants' Nat Bk 8,434,974 100 1,623,771 1,200,000 New Hay Bk N B A 300,000 1505,300 12,146,700 100 Nat Tradesm's Bk. 244,449 4,569,538 100 300,000 People s Bk & TrCo 946,4471 7,454,718 100 750,000 Second Nat Bank.3,380,999 100 814,073 850.000 Un & N Hay Tr Co s Sept. 12 1919. Co. elk Tr. Fed. First Includes s Ex-rights. It be Ex-dividend. to s is increased. Capital 18 1919. Dec. a •Sale price. t • May 12 1919. •Juno 30 1910. n Nov. 17 1919. r Feb. 19 1919. • April 18 1919. BirminghamAmer Tr & Say Bk_ Birming'm Tr & S. First National Bank Traders' Nat Bank_ 56 BANKS AND TRUST COMPANIES [vol.. I to. Where Names are Printed in Italics Fuller Returns may he Found in the Advertising Columns ILLINOIS-Nat. banks Dec. 31; Slats institutions latest returns. CONNECTICUT-(Concluded.) Surplus Gross Capital. & Profits. Deposits. Par. Bid. Surplus Gross Capital. ce Profits. Deposits. Par. Bid. Ask. AuroraNon inn!. share. Aurora Nat Bank__ 100,000 277,007 2,386,207 100 430 501) ..__ . First Nat Bank_ _ 100,000 al85,047 a2,719,075 100, 275 295 Amer. Nat Bk__ _ 100,000 179,474 2,209,916 100 300 350 Merchants Nat Bk_ 100,000 a214,629 a2,187,272 100 300 325 share. Old Second Nat Bk 200,000 a135,724 81,893,949 100 120 125 Aurora Tr & Say Bk 100,000 65,241 640,092 100 ChicagoP. shore. _ _... Aetna State Bank.... 200,000 38,027 1,722,434 100 117 125 Amer State Bank__ 400,000 336,770 4,116,062 100 190 195 Atlas Each Nat Bk_ 200,000 a36,116 a834,425 10 100 105 Austin State Bank. 200,000 78,714 4,279,728 100 213 Calumet Nat Bank 300,000 a154,760 a3,584,974 100 180 OILAWARE-Nal. banks Nov 17; Mate institutions latest returns. Capital StateSayBk 200,000 36,847 1,561,100 100 115 12.; Central Mfg Dia Bk Wilmington201,664 4,929,737 100 248 400,000 Per share Cont & Corn Nat Bk_ 21,500,000 16,475,727 338207733 100 320 325 Central Nat Bank.. 210,000 137,061 1,881,414 100 Corn Exch Nat Bank 5,000,000 10,084,270 119879779 100 398 405 Farmers' Bank____ 500,000 762,761 t8,704,301 Cosmopolitan St Bk Nat Bk of Delaware 200,000 41,947 1,273,915 100 110,000 179,197 1,749,401 100 Depositors State Bk Union Nat Bank_ __ 300,000 197,429 4,049,743 100 200 203,175 808,796 4,510,452 25 Drexel State Bank.. 207,209 5,660,970 100 173 180 Delaware Trust Co 350,000 773,000 300,482 4,688.477 100 Drovers Nat Bank._ 1,000,000 513,114 20,012,707 100 230 237 Equitable Tr Co__ 500,000 810,677 t4,078,415 100 Englewood StateBk Security T & B D Co 70,459 3,337,968 100 175 180 200,000 600,000 886,824 5,448,994 100 First National Bk_ 10,000,000 14,891,494 217891926 100 488 Wilmington Tr Co.. 1,000,000 1,036,238 t 15725999 50 First Nat Engiew'd 294,994 5,202,392 100 340 345 150,000 Foreman Bros BgCo 1,500,000 1,817,492 28,563,218 100 01ST. OF COLUMBIA.-Nat. banks Dec. 31; other Outs. latest returns. Ft Dearborn N Bk_ 5,000,000 2,559,717 61,613,772 100 210 225 WashingtonPer share. Garfield Pk St S Bk 60,550 2,642,715 100 150 170 200,000 American Nat Bk_ 800,000 307,177 4,788,549 100 172 185 Halsted St State Bk 57,997 1,525,722 100 130 140 200,000 Columbia Nat Bk_ _ 250,000 329,404 2,975,373 100 175 Hyde Pk State Bk 104,209 2,733,249 100 148 200.000 Commercial Nat Bk 1,000,000 424,767 12,030,292 100 179 185 Irving Park Nat Bk 100,000 a51,274 a2,158,070 100 160 Bank of Corn & Bar 100,000 49,737 1,143,672 10 12 Kaspar State Bank 492,439 9,392,719 100 280 300 500,000 District Nat Bk_ _ _ 550,000 363,997 6,743,587 100 174 Krause StateSayBk 192,837 200,000 2,406,970 100 Dupont Nat Bank_ 200,000 35,000 1,389,972 _ Lake View State Bk 17,871 2,440,772 100 110 115 200,000 Farm & Mech Nat. 252,000 375,590 1,810,076 100 240 Lawndale State Bk 116,667 200,000 2,796,158 100 240 260 Federal Nat Bk_ _ _ 500,000 316,291 4,618,465 100 Lincoln State Bank 31,740 1,820,943 100 115 200,000 Franklin Nat Bk__ 225,000 a52,907 a3,073,946 100 Use Stk Rs Nat Bk_.. 1,250,000 1,022,940 24,584,474 100 260 . 270 Lincoln Nat Bank_ 300,000 263,032 4,874,218 100 165 Mad & Ked State Bk 90,147 2,762,774 100 200 215 200,000 Merchants Bank__ 300,000 97,027 1,354,411 145 Mech & Trad St Bk 79,717 2,200,071 100 120 130 200,000 Nat Bank of Wash_ 1,050,000 a703,349 a7,016,233 100 195 Nat Bk of Republic__ 1,453,049 2,000,000 34,264,263 100 186 191 Nat Capital Bank_ 200,000 a270.849 a1,566,768 100 National City Bank 2,000,000 1,280,279 37,413,930 100 178 183 Nat Met Bank.._ _ 800,000 748,803 9,647,061 100 200 Nat Produce Bank 186,907 5,975,170 100 158 165 600,000 Riggs Nat Bank. __ 1,000,000 2,376,909 22,784,063 100 450 North Ave State Bk 72,797 5;411,907 100 112 200,000 Second Nat Bank__ 500,000 a263,879 a3,353,316 100 152 NoSideStateSay Bk 50,000 2,548,409 100 200,000 Secur Say&Com 200,000 83,597 3,501,923 100 200 Noel State Bank.. _ _ 161,992 4,277,788 100 185 300,000 Amer Secu & Tr Co 3,400,000 2,305,742 24,992,651 100 230 Ogden Ave State Bk 27,941 1,041,101 100 200,000 Continental Tr Co. 1,000,000 235,079 3,695,869 100 106% People's Stock Y'ds Nat Say & Tr Co... 1,000,000 1,638,917 9,877,948 100 x265 State 500,000 406,899 12,868,028 100 325 Munsey Trust Co__ 2,000,000 342,944 4,029,881 Phillips State Bank 52,724 1,363,689 100 200,000 Union Say Bank__ _ 200,000 54,140 1,600,353 PloneerStateSay Bk 200,000 51,699 1,654,747 100 140 Union Trust Co__ 2,000,000 574,577 5,833,780 100 115 120 Reliance State Bank 29,522 3,920,682 100 160 200,000 United StatesSayBk 100,000 72,734 1,859,570 185 230 Roseland State S B 81,200 1,796,300 100 200,000 Wash Loan & Tr Co 1,000,000 1,466,777 11,517,161 100 x246 Schiff State Bank.._ 119,174 3,981,455 100 275 300 200.000 Second Security Bk 118,190 3,477,474 100 200,000 Security Bank 326,832 6,035,149 100 325 335 400,000 FLORIDA-Nat. banks Dec. 31; State institutions latest returns. So Chicago Say Bk_ 305,000 6,267,183 100 230 250 300,000 South Side State_ _ _ 130,024 5,032,702 100 175 200.000 JacksonvillePer share. State Bk of Chicago 1,500,000 4,512,094 37,979,106 100 455 465 Atlantic Nat Bank.. Stock Yds Say Bk_ 323,919 5,447,663 100 425 300,000 350,000 1,050,231120,239,224 100 400 500 Bartlett N B of Jack Union Bank of Chic 156,391 4,008,487 100 135 150 500,000 750,000 . 624,720 11,630,106 100 200 Florida Nat Bank.... United State Bank.. 58,173 1,067,099 100 115 200,000 500,000 288,929 12,829,224 100 200 WashingtonPk N Bk 97,741 5,352,421 100 250 Tampa200,000 Citizens am Bkdar 1,000,000 West Englewood369,8691 6,564,420 100 Bank of Commerce Ashland State Bk 109,000 2,250,000 100 168 250,000 100,000 22,197 574,729 Exchange Nat Bank 73,770 2,298,876 100 160 West TownState Bk 250,000 250,000 a422,430 a3,868,892 100 First Nat Bank__ __ Central Tr Co of Ill 6,000,000 2,502,020 63,000,990 100 210 215 400,000 a683,473 a5,107,688 100 659,722 5,280,707 100 270 280 1 ChicCity Bk&TrCo 500,000 451,907 11,340,114 100 145 Chicago Tr Co 1,000,000 GEORGIA-Nat. banks Dec. 31; State institutions latest returns. Cont & Corn T&S B 5,000,000 5,022,099 67,111,476 100 DroversTr dr Say Bk 361,991 5,744,237 100 345 250,000 First Tr & Say Bk_ 5,000,000 6,771,720 80,541,725 100 Atlanta377,509 8,076,771 100 220 500,000 Per share. Ft Dearb Tr & S Bk American Say Bank 200,000 38,101 Franklin Tr & S Bk 250,404 3,417,707 100 195 279,036 100 100 105 300.000 Atlanta Nat Bank__ 1,000,000 a1,544,939 a28609131 100 290 Great Lakes Tr Co_ 3,000,000 614,294 6,821,978 100 124 128 Central Bk de Tr Cor 1.000,000 622,674 14,435,713 100 155 Greenebaum Sons' Citizens & Sou Bk_ 2,000,000 2,748,574 51,921,144 Bank dr Trust Co 1,500,000 1,023,374 19,308,734 100 300 310 275 Fourth Nat Bank__ 600,000 1,326,994 25,208,274 100 330 Guarantee Tr & Say 106,347 1,125,058 100 155 200,000 Fulton Nat Bk____ 800,000 165,477 6,168,205 100 140 Harris Tr & Say Bk 2,000,000 3,800,741 30,598,277 100 575 Oa Say Bk & Tr Co 200,000 141,000 1,065.000 100 160 165 Home Bk dz Tr Co_ 135,889 4,285,170 100 169 300,000 Lowry Nat Bank__ 1,000,000 1,500,962 18,638,709 100 235 Illinois Tr & Say Bk 5,000,000 10,159,929 120105938 100 400 410 Atlanta Trust Co.._ 500,000 166,564 Kenwid Tr&Say Bk 241,219 4,056,794 100 275 290 828,364 100 110 200,000 Trust Co of Georgia 1,000,000 1,569,779 6,613,018 100 350 Kimbell Tr dr S B_ 9,932 100.000 953,888 100 Augusta265,972 6,300,724 100 190 200 400,000 Per share. Lakeview T & S Bk Augusta Savings Bk 50,000 85,000 1,070,000 100 160 Liberty Tr & S Bk_ 118,554 4,772,700 100 185 205 250,000 Georgia RR Bank_ 1,000,000 366,117 11,684,719 100 200 Lincoln Tr dr Say B 63,449 1,552,660 100 120 125 200,000 Merchants' Bank.._ 200,000 349,569 2,476,768 100 220 260 Market Tr dr Bar... 41,890 1,374,237 100 112 116 200,000 Citizens & Sou Bk_ 2,000,000 2,668,813 51,921,044 Mercantile Tr&Say 142,368 5,067,174 100 165 175 250,000 NatExchange Bk__ 400,000 a317,021 3,562.930 100 145 Merchants L&TrCo 5,000,000 10,237,694 101537771 100 400 410 Planters' L dr S Bk_ 50,000 271,149 1.483,042 10 40 Michigan Ay Tr Co 88,747 3,211,128 100 135 200,000 45 150 Union Say Bank_ _ _ 100,000 61,997 1,753,599 100 160 Mid-City Tr & S Bk 235,277 8,592,462 100 247 255 500,000 ColumbusPer share. Northern Tr Co Bk 2,000,000 3,812,754 40,612,702 100 320 330 Columbus Say Bk_ 200,000 149,147 1,937,884 50 75 Northwn Tr dr S Bk 283,670 13,544,794 100 265 600,000 Fourth Nat Bank__ 300,000 a167,437 a996,724 100 145 150 458,622 13,151,446 100 265 280 People's Tr&Say Bk 500,000 Home Sayings Bank 50,000 12,017 1,039,770 100 105 110 364,717 3,092,170 100 180 200 Pullman Tr&SayBk 300,000 Merch & Mech Bk_ 125,000 161,437 1,327,931 100 z155 160 103,997 5,765,906 100 210 225 Sheridan Tr Say Bk 200,000 Nat Bk of Columbus 200,000 228,976 1,507,901 100 175 180 37,517 2,655,978 100 165 Sou West Tr & Bar.. 200,000 Third Nat Bank___ 250,000 409,441 1,515,267 100 205 596,004 9,904,775 100 172 176 Standid. Tr&Sav Bk 1,000,000 Macon103,396 1,622,739 100 140 150 Stockmen'sTrSdc Bk Per 200,000 share. Bibb Nat Bank.... _ _ 200.000 50,924 1,509,924 Union Trust Co...... 1,500,000 2,246,747 44,425,700 100 300 325 102 Citizens dr Sou Bk_ 2,000,000 2,668,813 51,921,044 100 203,237 9,517,704 100 300 W Side Tr & Say Bk t 400,000 Fourth Nat Bank__ 350,000 651,799 16,076,761 100 265 270 176,094 4,716,706 100 250 Woodlawn Tr&S Bk 250.000 Macon Nat Bank__ 150,000 o68,869 v2,111,364 100 130 132 ElginPer share. Sayan na ha35,400 Elgin Nat a999,715 100 Bank...... 100,000 Per share. Citizens'&South Bk 2,000,000 2,668,813 51,921,044 100 FirstNat Bank_ 200,000 a168,717 a1,491,400 100 *270 Commercial Bank. 100,000 63,694 1,390,501 100 195,709 1,696,792 100 Home Nat Bank 150,000 *110 Exchange Bank..... 125,000 128,629 2,138,080 100 n30,000 n500,000 100 Union Nat Bank.... 100,000 *175 Liberty Bk dr TrCo 300,000 483,340 2,072,757 WO 264,382 Elgin City 100,000 Bikig Co 1,705,173 *175 Hibernia Bank of 103,076 1,150,701 100 Home Tr & Say Bk 100,000 Savannah ___ 200.000 352,941 6,617,713 100 Peoria*175 Merc'tileBk&TrCo 200.000 29,864 1,031,823 100 429,140 4,498,032 100 Central Nat Bank.. 300,000 *107 Oglethorpe Say &Tr 250,000 232,776 1,366,700 100 Commercial Nat Bk 750,000 1,291,471 8,874,202 100 *100 People's Bank 100,000 81,222 1,600,371 100 282,449 2,926,019 Dime Say & Tr Co_ 250,000 *140 Amer Bk dr Tr Co_ 200,000 28,077 652,909 7,001,766 100 776,713 100 First Nat Bank.. 550,000 *95 ElayannahBk&TrCo 700,000 917,020 9,172,960 100 265,297 3,221,263 100 Home Say dr State_ 120,000 *200 Citizens' Trust Co.. 200,000 84,507 103,490 1,670,723 857,558 100 i57% State Tr dr Say Bk_ 200,000 Chatham Bk&TrCo 800,000 108,756 3,328,439 100 Merchants & Ill NB 408,779 6,120,127 100 500,000 444,433 3,105,730 100 First Tr & Say Bk. 150,000 IDAHO-Nat. banks Nov. 17. QuincyIllinois State Bank_ 67,707 2,480,714 100 300,000 Boise City93,107 1,277,401 100 Quincy 100,000 Nat Bank__ Boise City Nat Bk_ 250.000 275,842 6,334,836 100 a408,623 a4,894,721 100 Ricker Nat 500,000 Bank First Nat of Idaho_ 300,000 416,0271 5,480,426 100 100,000 2,100,000 100 Mercantile Tr & 200,000 S B Pacific Nat Bank.._ 300,000 91,690 2,529,437 100 604,727 7,008,702 100 State Say L dr Tr Co 1,000,000 Overland Nat Bank 100,000 79,579 2,059,430 100 Norwich$ Merchants' Nat Bk 100,000 Thames Nat Bank_ 1,000,000 Uncas Nat Bank__ 100,000 WaterburyCitizens' Nat Bank 300,000 Manufac's' Nat Bk 200,000 Waterbury Nat Bk 500,000 Colonial Trust Co.. 400,000 Merchants Tr Co__ 100,000 Waterbury Tr Co.... 200.000 Ask. $ $ Per 45,941 524,431 100 115 633,933 2,920,285 100 150 36,690 572,239 100 105 Per 252,440 3,840,156 100 150 222,140 5,178,810 100 175 481,609 3,906,472 50 79 671,969 5,943,053 100 250 163,417 3,009,754 100 175 99.772 3,377.406 100 105 'Sale price. a Nov. 17 1919. b Capital to be increased. g Capital paid in; authorized amount is larger. a Ex-tilYi lend d Aug. 311919. e June 17 1919. n Dec. 18 1919. 8 New stock. t Sept. 17 1919. oJurie 30 1919. t Includes trust deposits. Savannah. Last sale. t Branch of •;fr:a FEB., 57 BANKS AND TRUST COMPANIES 1920.] Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns lOWA-(Concluded.) Gross Surplus Capital. ct Profits. Deposits. Par. Bid. ILLINOIS-(Concluded.) Gross Surplus Capital. ct Profits. Deposits. Par. Bid. Rockfordorest City Nat Bk anufre Nat Bank 'opted Bk dr Tr Co xkford Nat Bank redish Am Nat Bk tird Nat Bank_ __ innebago Nat 13k S 100,000 200,000 125,000 400,000 125,000 250,000 250,000 $ 1207,017 /184,507 256,874 1239,431 /116,977 1319,901 /340,147 $ £2,348,254 £3,040,238 2,412,949 /5,577,418 12,145,915 /3,810,642 /2,394,046 100 100 100 100 100 100 100 Ask. Per share. y300 y160 y300 y200 y160 y200 y210 Sioux CityContinental Nat Bk First National Bank Iowa State Say Bk_ Live Stock Nat Bk_ Nat Bank of Comm Northwest Nat 13k_ Security Nat Bank.. Woodbury Co S Bk Farmers' LA,Tr Co $ 100,000 600,000 100,0011 200,000 100,000 100,000 250,000 50,000 250.000 $ $ 118,809 /1,071,598 1248,049 111101,103 23,184 3,386,233 /112,994 /4,247,558 198,760 /3,196,391 /193,376 £3,088,950 /428,909 /5,825,963 165,217 3,266,363 111 004 1 R571)0R No minal 100 100 100 100 100 100 100 100 Inn Ask. priest Per share. KANSAS-Nat. banks Dec. 31; State institutions latest returns. 100 ____ Per share. 100 Kansas City300,000 100 600,947 8,651,342 100 400 Commercial Nat Bk 200 100 53,327 2,702,676 200,000 100 Bk Exchange State 82,412 2,279,688 100 160 200,000 100 People's Nat Bank.. 180,000 100 100,000 10,000 Banking Trust Co_ 125,000 610,653 100 250 135,523 Kansas Trust Co_ Topeka INDIANA-Nat. banks Dec. 31; State institutions latest returns. 355,277 5,509,962 100 310,000 Bank of Topeka__ 200,000 159,039 4,069,192 100 Central Nat Bank_ Per share Evansville100,000 /35,110 £826,217 100 Bank Nat Farmers' 210 200 100 7,150,793 209,770 500,000 Citizens' Nat Bank 315,732 34,107 100,000 13k Nat New Valley 414,439 5,765,746 100 225 235 350,000 City National Bank 148,447 3,781,342 100 200,000 Bk Nat Merchants' 180 100 2,250,000 175 136,000 200,000 MercantlieCom'l Bk 100 1,222,135 58,041 60,000 13k_ Shawnee State 150 50,000 1,100,000 100 145 100,000 North Side Bank_ _ 38,500 1,920,000 100 100,000 State Say Bank____ 500,000 1100,703 £6,087,124 100 200 215 Old State Nat Bank 961,405 41,724 200,000 Central Trust Co__ 138,774 3,013,779 100 200 210 100,000 West Side Bank_ _ _ 937,705 100 127,974 100,000 Prudential Trust Co 140,917 2,035,408 100 175 200 200,000 Am Tr & Say Bank 837,323 100 36,300 100,000 Citizens Tr & S Bk_ State institutions latest returns. 31; Dec. banks KENTUCKY-Nat share Per Fort Wayne270,577 10,602,832 100 900,000 Per char. first Sc Ham Nat Bk Covington300,000 /260,000 £4,250,000 100 175 Lincoln Nat Bank_ 200,000 /199,424 £1,405,700 100 165 Citizens' Nat Bank 350,000 /230,423 15,946,992 100 Old National Bank_ 135 130 100 £3,714,910 /223,599 600,000 Bank First National 49,009 2,354,410 100 200,000 Citizens' Trust Co.. 135 115,000 2,303,961 100 125 350,000 Liberty Nat Bank.. 150,391 2,288,908 100 200,000 People's Tr & Say Co 912,443 100 141 60,667 100,000 Covington S B & 'Fr 220,167 8,208,091 100 500,000 Tri-State L & Tr Co iia . 796,162 100 43,910 100,000 People's S Bk Sc Tr_ Indianapolis20,091 1,852,013 100 72% 300,000 Per ahm Commercial Nat Ilk Lexington 97,100 5,014,811) 100 111% 400,000 215 Continental Nat Bk 300,000 /355,191 /2,180,600 100 Fayette Nat Bank_ 14., Fletcher-Am N Ilk_ 2,000,000 1,164,979 26,891,608 100 257 800,000 /159,674 /3,019,053 100 188 First Sc City Nat Bk Indiana Nat Bank_ 2,000,000 1,814,793 26,033,977 100 280 150 145% 100 /3,906,724 /143,699 800,000 B N Phoenix&Third 168,012 1,718,296 100 382 100,000 Live Stock Exch Bk 180,000 £182,109 /1,092,803 100 220 225 Bank__ Nat Second Merchants' Nat Bk 1,000,000 1,157,121 9,195,1:31 100 261 118 285,977 4,850,144 100 114 Per share National City Bank 1,000,000 Louisville26,177 1,323,905 100 170 100,000 People's State Bank Citizens'Union Nlik 1,000,000 1,832,977 22,344,919 100 c328 330 100 102 1,799,168 84,696 280,000 ketria Tr Sc Says Co 266,149 5,475,730 100 a280 300 800,000 Bank First National 787,108 100 115 88,912 250,000 Bankers Trust Co.. 781,522 12,891,395 100 500 525 500,000 Liberty Ins Bank__ 148,299 1,678,919 100 390 100,000 earmers Trust Co_ 252,707 2,212,036 100 235 200,000 Security Bank_ _ _ 46,207 1,703,944 100 112% 100,000 Fidelity Trust Co.._ 119,736 1,917,172 1100 11250,0001 TCo Sc B E3 Kent Tit Fletcher Say & Tr_ 1,500,000 559,991 13,102,733 100 167 1100 100 110 Ig100,0001 806,955 8,168,121 100 205 215 Indiana Trust Co_ _ 1,000,000 148 138,420 2,279,818 100 140 500,000 Lincoln Say B Sc Tr 74,340 2,228,786 100 95% 97A Loulsy Nat Bkg Co 750,000 itate Say tic Tr Co_ 170 101,947 4,480,651 100 160 250,000 53,716 2,188,092 100 1 13% 200,000 Security Trust Co_ 2.500,000 2,729,141 37,411,434 100 340 343 of Bk Kentucky Nat 895,949 5,017,525 100 J66 600,000 Union Trust Co_ _ _ 86,444 1,227,832 100 178 200 100,000 Stock Yards Bank.. 22,147 1,269,319 100 131 100,000 Wash Bk & Tr Co_ _ 866,371 3,571,204 100 Fidelity Sc ColumTr 2,000,000 rnsnal prices Louisville 167 Terre Haute272,719 2,089,919 100 165 806,100 Trust Co 691,121 3,607,405 100 500,000 first National Bank 928,175 100 110 120 131,309 350,000 United States Tr Co 460,044 3,439,286 100 500,000 McKeon Nat Bank 300.009 215,337 2,266,410 100 Per share. Terre Haute Nat Bk Newport592,174 6,583,961 100 800.000 200 Terre Haute Trust_ 100,000 /123,437 /1,076,258 100 185 Amer Nat Bank _ 164,720 3,032,982 100 500,000 United States Tr Co 140,000 1,891,726 100 217 100,000 Newport Nat Bank Springfieldrst National Bank blots Nat Bank__ dgely- Farm's S B 'gfield Marine Bk ngamonL&TrCo 500,000 300,000 600,000 300,000 300,000 1191,134 140,544 162,000 667,991 48,162 /4,121,767 3,194,961 6,744,442 4,784,933 3,479,693 roWA-Nat. banks Dec. 31; State institutions latest return, LOUISIANA-Nat banks Dec. 31; State institutions latest returns. -Per char. New Orleans 125 ----809,057 40,4141 200,000 American 13k Sc Tr_ 250,647 7,557,715 IOU 250 400,000 Citizens' 1.3k&Tr Co 450 14,928,724 100 880,171 500,000 Bk Nat Canal-Com Canal-Commercial 260 Trust Sc Say Bk 4,000,000 2,171,905 57,645,018 100 255 680,337;11,208,300 100 275 750,000 Trit-State Tr Sc BCo 142 1,076,449 29,240 200,000 Tr_ Sc Bank Liberty 286,909 21,395,929 100 270 280 Marine Bk Sc 'Fr Co 1,000,000 551,530 6,501,268 100 195 800,000 Pan-Amer Bk Sc Tr ivhitney-Cent N B_ _ 2,800,000 2,235,728 44,428,950 100 355 360 Hibernia Bk& Tr Co 2,000,000 2,891 307 55,261,702 100 447% 455 Whitney-Cent Tr Sc 759,973 20,901,901 200,000 Sayings Bank Per share Burlington561,917 3,915,726 100 150,000 Amer Say Ilk&TrCo 35,000 1,850,000 100 100,000 Burlington Say Bk_ 300,000 1160,473 12,632,996 100 first National Bank :326,641 4,255,712 100 200,000 Iowa State Say Bk_ 100,000 £106,627 /1,791,197 100 Merchants' Nat Bk Cedar Rapids500,000 1100,000 114000,000 100 220 Cod Rapids Nat Bk 129,070 3,244,766 100 180 200,000 Ced Rapids Say Bk 55,399 2,314.795 100 200 100,000 Iowa State Say Bk_ 300,000 /617,077 111 ,530440 100 300 Merchants' Nat Ilk 58,119 1,669,371 100 225 80,000 People's Say Bank.. 153,247 2,467,968 100 200 200,000 Security Say Bank.. 200,000 Amer Tr Sc Say Bk_ 117,997 3,287,977 100 200 Per share. Council BluffsPer 8110 Shreveport71,827 1,670,462 100 120,000 City National Bank 637,169 100 59,307 100,000 American Bk&T Co 47,479 1,171,974 100 100,000 Commercial Nat Bk 100 13,362,916 £82,579 150,000 Bank Nat American 233,004 3,344,997 100 150,000 Conn Bluff Say Bk.. 193,072 4,636,363 500,000 City Say B &Tr Co 230,893 3,996,240 200,000 first National Bank 623,497 20,395,700 100 500,000 Commercial Nat Bk 172,619 2,298,788 100 80,000 State Sayings Bank 1,000,000 /301,327 110561,020 100 Bank First National Per share. Davenport300.000 105.946 2.062,710 100 Contin'i 13 Sc Tr Co 700,000 1,151,592 15,158,738 100 Amer Com Say Bk_ 517,527 5,235,714 100 300,000 Davenport Say Ilk_ Nov. 17; State institutions latest returns. banks MAINE-Nat. 200,000 /253,442 £1,370,891 100 first National Bank Per ahr-. 40,000 1,100,000 100 80,000 Home Say Bank_ __ Bangor160 285,142 4,627,761 100 490,901 5,072,721 100 150 1,10,000 400,000 Iowa Nat Bank.. _ _ First National Bank 975,000 100 127,000 265,544 1,293,999 100 280 150,000 Security Say Bank_ 100,000 Merchants' Nat Bk 407,717 5,791,012 100 678,362 7,044,964 100 350 280,000 175,000 Scott Co Say Bank_ Eastern Tr&Bkg Co 289,849 4,904,719 100 457,444 6,659,266 100 270 300 200,000 300,000 Union Savings Bk_ Merrill Trust Co _ _ Per share 961,720 100 40,000 100,000 Citizens' Tr Sc S Bk PortlandPer share. Canal Nat Bank__ 544,027 3,032,489 100 600,000 Des Moines62,376 3,090,308 100 100,000 dankers Trust Co_ _ 1,000,000 '316,874 1-3,038,146 100 Chapman Nat Bank 38,897 2,767,271 100 600,000 o519,640 v6,090,987 100 150,000 Cap City State Bk_ First National Bank 273,000 6,223,367 100 606,431 7,171,702 100 300,000 250,000 Portland Nat Bank Central State Bank 100 35,796 2,281,261 634,517 13,150,211 100 50,000 400,000 Commercial Say Bk Fidelity Trust Co__ 184,841 13,158,019 100 352,118 8,610,940 100 750,000 500,000 Des Moines Nat Bk Casco-Merc'titile Tr 936,433 100 153,707 4,767,072 100 400,000 367,017 250,000 Bes Mo Say Ilk_ _ _ Union S D Sc Tr Co 548,097 9,387 193,249 1,949,344 100 100,000 75,000 Des Moines Tr Co.. ITS Trust Co. 18,801 1,360,370 100 200,000 eirst Trust & S Bk_ 45,112 2,108,770 100 50,000 Home Sayings Bank MARYLAND-Nat banks Dec. 31; State institutions latest returns. 31,667 1,465,367 100 50,000 Iowa Tr & Say Bk.. Per share Baltimore839,915 17,403,191 100 Iowa National Bank 1,200,000 218,076 3,160,923 100 *111 300,000 American Bank _ 40,001 2.336,211 100 100,000 Mechanics' Say Ilk 171,914 3,603,345 100 500,000 Bait Comm'l Bank.. 252,443 5.002,375 100 100,000 People's Say Batik.. 128,709 5,774,757 80 *101 100,000 Calvert Bank.. 616,93(1 100 27,817 50,000 University State Bk 1.14,000 /1,879,000 100 100,000 Canton Nat Bank_ 300,000 399,369 3,395,679 100 Valley Nat Bank__ 10 23,929,268 2,733,741 1.000,000 Bank Nat Citizens' 188,442 1,922,775 100 50,000 Valley Say Bank_ _ 158,427 4,240,055 80 * 89U 200,000 CommonwIth Bank 500,000 616,497 1'7,934,373 100 Iowa Loan Sc 'Fr Co Drov Mechanics' Sc Per Dubuque603,770 12,831,771 100 *206 600,000 Nat Bank..... 100,000 15,000 500,000 100 Citizens' State Bk.. 323,708 4,503 717 40 *45 650,000 Farm Sc Mer N 13k 25,627 1,437,160 100,000 Dubuque Nat Bank 155,289' 2,934,286 25 100,000 Mercantile Bank.. 50,374 1,103,890 1.00 75,000 Dubuque Say Bank 41,824,893 10 * 30 2,186,427 2,500,000 Nat 1st Niech arch NI 224,501 3.285.794 100 200,000 first National Bank 700,337 13,744,301 100 41186 85,000 1,000,000 Nat Bank of Baltirn 1,210,700 150,000 Pioneer Tr &Say Bk *38 A 15 110418,236 11,110,791 750,000 Comm Nat of Bank 223,271 2,661,934 100 150,000 Union Tr & S Bank 359,912 3,309,036 100 *13:33,/ 400,000 Nat Cent Bk of Bait 227,397 2,392,330 100 300,000 Iowa Tr & Say 13k_ •161 100 12,562,717 1,151,177 1.500.000 Bank Nat Exchange 100 75,721 1.467,765 201.000 Second Nat Bank _ a Apr. 18 n Aug. 31 (918. r Nov. 1 1918. a Ineliiites one-half share of Kent. Tit. S. B. Sc Tr. coin, stock. z Ex-dividend *Bale price Preferred. d Dec. 21 1918. t Nov. 17' 12 1011). f Common. Sept. r mtitrA4 t, Last sale. e June 17 1919. t trichrilea dab c Unified Includes Fld. & Col. Tr. 1010. b New Stock. 58 BANKS AND TRUST COMPANIES [VOL. no. Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns MARYLAND--(ContInued.) MASSACHUSETTS--(Continued.) Surplus Gross Capital. & Profits. Deposits. Par. Bid. ..........---Balt.(Con.)Nat Marine Bank__ NU Un Bk of Md__ Old Town Nat Bk_ Park Bank Seaboard Bank_ _ _ _ Second Nat Bank__ Western Nat Bank_ Baltimore Trust Co Colonial Trust Co_ Commerce Tr Co.._ Continental Tr Co_ Fidelity Trust Co__ M'di'd Tr Co Mere Tr & ,._ Equitable Trust Dep_-Co Safe Dep de Tr Co__ Title Gu & Tr Co__ Union Trust Co___ $ 400,000 1,000,000 250,000 130,000 100,000 500,000 500,000 1,000,000 300,000 500,000 1,350,000 1,000,000 1,000,000 1,500,000 1,000,000 600,000 200,000 500,000 FrederickCitizens' Nat Bank Comm'l State Bank Far & Mach Nat Bk Franklin Say Bank_ Fred'k Co Nat Bk_ Fek Town Say Inst 100,000 80,000 125,000 90,000 150,000 k150,000 OnA nnn $ $ 257,197 3,924,403 766,474 11.029,523 e161,839 e2,803,271 52,927 1,751,731 40,744 1,714,725 1,356,701 3,757,978 556,244 5,765,024 2,302,374 15,672,719 99,274 1,580,709 145,741 758,223 1,596,097 7,733,579 1,635,372 14,293,410 385,070 9,914,044 3,476,512 19,919,970 570,774 12,798,782 2,895,725 4,464,902 301,449 6,836,320 424,502 7,222,735 400,629 35,000 161,747 43,677 54,579 171,149 nna A,, 5,195,568 1,560,663 2,313,449 788,450 1,326,000 2,633,236 n nnn nnn 100 *192 100 *315 100 *1133 50 *213 25 *46Y 1, 100 *900 100 *205 50 *92% Per share. 100 500 100 25 58 100 145 15 21 100 190 rn inn 1111ASSAC1IUSBTTS-Nal.bka.(eze. Boston)Dec. 31; 8 ate inst.latest ref'na tflostonDeposits of banks date Jan. 31 1 920 Per share. Back Bay Nat_.._ 200,000 e42,592 6845,539 Boylston Nat Bank 700,000 466,377 7,866,000 100 125 135 Citizens Nat Bank.. a 500,000 e296,099 61,631,255 100 150 153 Commercial Nat Bk 250,000 318,200 2,728,000 100 160 .__ _ First National Bank 7,500,00019,870,136 171619000 100 585 595 Fourth-Atlantlic Nat Bank 1,500,000 2,329,422 26,589,000 100 255 275 Mattapan Nat Bk_ 200,000 22,471 :977,976 100 Merchants' Nat Bk 3,000,000 4,267,124 52,085,000 100 287 292 Nat RockBk of Rol 300,000 647,232 t6,993,864 100 305 325 Nat Security Bank_ 250,000 1,027,479 3,073.000 100 425 450 Nat Shawmut Bank 10,000,000 9,991,712 128703000 100 295 300 Nal Union Bank__ 1,000,000 1,588,970 10,932,000 100 215 225 People's Nat, Roth 300,000 397,741 :5,827,100 100 *160 170 Second Nat Bank__ 2,000,000 63,894,703 34,256,000 100 340 355 Web & Atlas N Bk_ 1,000,000 1,575,003 10,014,000 100 220 225 b.merican Trust Co 1,000,000 2,659,099 24,654,436 100 400' 405 Beacon Trust Co__ 600,000 1,408,222 18,517,237 100 317 325 Boston S Dag) dr Tr 1,000,000 3,307,339 14,245,756 100 Charlestown Tr Co 200,000 53,937 1,415,732 100 125 130 Columbia Trust Co 100,000 75,422 1,055,594 100 155 165 Comm'w'ith Tr Co_ 1,000,000 1,069,759 25,267,483 100 200 210 Cosmoplin Tr Co__ 400,000 431,819 7,613,747 100 Dorchester Tr Co__ 300,000 125,570 2,753,542 100 Equitable Tr Co__ 500,000 222,401 3,169,335 100 Exchange Trust Co 600,000 571,632 7,064,262 100 138 145 Federal Trust Co__ 1,000,000 377,979 10,0.53,983 100 140 145 Fidelity Trust Co..- 2,777,000 765,720 9,715,281 100 116 120 Hanover Trust Co_ 200,000 52,731 2,492,403 100 Elub Trust Co 200,000 63,919 607,611 100 Hyde Park Tr Co__ 200,000 63.201 1,399,381 100 __ ._ _ ._ _ _ Enternational Tr Co 1,500,000 2,147,821 23.143,722 100 325 335 Famalca Plain Tr _ 200,000 33,710 809,407 100 Liberty Trust Co__ 200,000 380,907 4,633,661 100 290 Market Trust Co.._ 400,000 152,517 2,015.921 100 115 125 k4assachuels Tr Co 500,000 467,422 8,991,675 100 Leco.,....-11...mnnnnn Mq7 Qqa 7 7, 17 (1, 17 inn onn IP• oin WA I OM4 eri. 1 Co p New ag Trust Co.. 1,000,000 3,350,167 24,227,421 100 Old Colony Tr Co _ 7,000,000 9,997,090 131971089 100 295 300 Prudential Tr Co.._ 200,000 55,407 2,479,970 100 Puritan Trust Co.. 200,000 223,211 2,279,294 100 190 215 South Boston Tr Co 200,000 71,876 1,410,317 100 State St Trust Co__ 1,000,000 3,213,690 33,705,918 100 Tremont Trust Co.. 200,000 113,190 5,136,178 100 13 8 Trust Co__1,000,000 1,209,576 10,292,433 100 Winthrop•Tr Co__ 100,000 32,671 528,379 100 BeverlyBeverly Nat Bank.. Beverly Trust Co.... 300,000 100,000 Per share. 225,014 2,015,426 100 147 45,691 832,168 100 *115 BrocktonBrockton Nat Bank Home Nat Bank.. _ Plym'th Co Tr Co.. 300,000 500,000 100,000 427,597 5,614,911 391,971 5,020,679 88,337 2,155,891 CambridgeCambridge Tr Co __ Central Trust Co.._ Charles Rly Tr Co.. Harvard Trust Co_ 100,000 200,000 200,000 200,000 190,000 563,440 229,599 353,575 B. CambridgeLechtnere Nat Bank 100,000 140,499 1,302 410 3,181,100 2,896,023 2,635,725 4,638,322 400,000 400,000 e333,119 e 1,170,701 e176,931 e3,128,381 650,000 733,000 400,000 e577,527 4,831,263 100 102 y6 6132,271 85,558,493 100 125 621,83:3 3,491,513 100 210 FitchburgFItchb'g Bk &TrCo Safety Fund N Bk. 500,000 200,000 GloucesterCape Ann Nat Bk_ Cape Ann Say Bank .Gloucester Nat Bk. Glou S D Tr Co___ .100,000 200,000 Per share. 417,790 4,272,107 101 145 150 470,741 4,323,990 100 285 300 174,376 407,721 147.177 306,141 1,763,512 100 3,632,369 1,479,729 100 3,333,891 101 Ask. HolyokeCity National Bk__ Holyoke Nat Bank_ Park National Bk_ Hadley Falls Tr Co 500,000 200,000 100,000 500,000 LawrenceBay State Nat Bk_ Arlington Trust Co Lawrence Trust Co Merchants' Tr Co.. 375,000 200,000 100,000 300,000 207,247 40,390 73,673 273,574 2,358,096 1,696,377 6,657,498 5,577,168 LowellAppleton Nat Bank Old Lowell Nat Bk_ Union Nat Bank___ Wamesit Nat Bank Lowell Trust Co.._ _ Mid'sex S D & T Co 300,000 200,000 350,000 250,000 240,000 100,000 e298,394 e124,620 607,897 e138,748 106,787 57,881 e2,157,429 e3,254,938 4,823,405 e848,752 3,346,846 1,573,903 100 100 100 100 100 100 Per share 114 105 220 100 , 100 150 LynnCentral Nat Bank_ Manufac'rs Nat Bk National City Bank Essex Trust Co ____ Lynn S Dep & T Co Security Trust Co.. 200,000 200,000 200,000 250,000 100,000 200,000 71113,992 n4,509,102 159,292 4,231,719 el96,917 e1,115,967 328,432 3,163,174 303,191 4,175,947 392,009 7,427,700 10)) 100 100 100 100 100 Per share 230 140 150 175 320 220 I 252,779 2,950,449 e338,922 03,979,909 129,147 1,443,994 310,976 5,396,109 Per 100 100 200 100 110 100 160 share 120 210 115 Per ahare. 100 175 100 00 , 100 170 100 *165 New BedfordPer share First National Bk_ _ 733,397 8,079,225 100 250 I 500,000 Merchants' Nat Bk 1,000,00(1 1,397,999 7,008,808 100 205 N Bed S D & Tr Co 373,391 4,904,899 100 280 300 200,000 PeabodyWarren Nat Bank_ 200,000 Per chars 143,997 2,383,1,17 100 120 SalemMerchants Nat Bk_ Naumkeag Tr Co.._ Salem Trust Co ___ 200,000 250,000 200,000 Per share e334,464 e2,824,171 50 85 231,411 4,662,063 100 175 30,942 1,4 0,275 100 100 SpringfieldChapin Nat Bank.._ Chicopee Nat Bank Springfield Nat Bk_ Third Nat Bank.... _ Commercial Tr Co _ Springfield S D & T Union Trust Co___ 500,000 378,472 4,075,095 500,000 611,820 6,531,487 920,737 8,031,033 500,000 500,000 e901,202 e12223 961 350,000 160,520 3,160,263 500,000 1,1(17,017 8,193,388 500,000 1,245,929 11,937,725 TauntonMachinists' Nat Bk Bristol County Tr._ 200,000 300,000 , 100 100 100 100 100 100 100 140 220 235 240 250 300 240 250 130 200 Per share. 162,911 897,81:3 100 185,027 3,421,103 WorcesterMechanics' Nat lik 200,000 485,103 10,539,701 100 iferchants' Nat Bk 1,000,000 1,036,071 19,125,782 100 Park Trust Co__ _ _ 152,407 c5,864,793 100 300,000 Worcester Bk Tr Co 1,250,000 863,874 27,180,272 100 Per share. 275 215 105 205 215". M1CHIOA1;1-N at. banks Dec. 31; State institutions latest returns. Bay CityBay City Bank People's Commer cial .3: Say Bank DetroitAmer State Bank _ Bank of Detroit.... Per share. Central Say Bank .. 100 150 Com'wealth Federal 100 *161 Sayings Bank._ 100 120 125 Detroit Say Bank__ Dime Says Bank...._ Per Aare. Pirst ,.st Old Nat Bk 100 323 375 First State Bank...._ 100 375 Merchants' Nat Bk 123 100 210 225 Nat Bk of Com'co. 100 180 190 Peninsular State Bk People's State Sink.. Per share United Sayings Bk _ 100 215 225 Way neCo IloSay Bk Detroit Trust Co__ Per share. Security Trust Co_ 100 155 Union Trust Co...._ 100 210 Fall RiverFall Riv Nat Bank.. First National Bk_ Massasoit- Pocasset Nat Bank Metacomet Nat Bk Durfee Tr Co 150,000 Surplus Gross Capital. ds Profits. Deposits. Par. Bid. Ask. Per share. 30 *41% 100 *152 10 *13 10 10 100 *300 20 *32 50 *160 25 *25 250,000 322,121 4,172,931 100 403,000 556,639 8,403,13) 100 500,000 1,000,000 1,003,000 750,000 750,000 1,000,000 3,000,000 1,000,000 1,000,000 1,000,000 2,500,000 2,500,000 500,000 3,000,000 1,000,000 500,000 1,000,0(1( Per share. Per shire. 292,617 13,192,222 100 108 201 556,191 19,397,318 100 38.5,111 17,602,331) 100 119,070 9,633,521 1,31:3,721 25,114,227 1,680,768 36,409,371 4,302,121 81,081,968 421,031 12,532,392 741,911 1:3,511,772 1,36(1,277 :10,907,074 1,422,171 31,176,919 5,169,197 115501 ,12:1 216,172 5,962,9(17 4,659,277 73,313,181 2,718,111 g7,993,933 1,075,9(1(3 g3,716,937 850,721 g5,189,793 100 100 300 100 305 340 100 --_ 253 100 180 100 11)0 100 260 100 220 100 355 100 209100 5i5 100 Fisr 100 280 __ 100 197 200 Grand RapidsPer sham 120,790 2,213,9911 100 _ City Tr & Say Bank 200,000 .Corn'clal Say Bank 300,000 80,767 2,971,761 100 215 220 Fourth Nat Bank_ _ 300,000 281,037 4,351,173 100 210 220 402,467 8,610,1:39 100 140 150 Dr Rap Nat C'y Bk 1,000,000 400,000 317,660 0,318,230 100 250 Dr Rapids Say Bk. 500,000 Kent State Bank__ 767,871 10,393,435 100 235 245 800,000 1,016,932 11,314,703 100 200 Old National Bank.. People's Say Bank.. 200,000 120,690 2,069,131 100 105 Grand Rapids Tr Co 300,000 174,817 g351,718 100 150 155 Michigan Trust Co 200,000 1,035,3710,625,381 100 800 SaginawPer share Haverhill• Per shire. Bank of Saginaw... 500,000 927,541 15,959,527 100 *375 Essex Nat Bank__ 100,000 8106,091 e2,292,335 100 Commercial Nat Bk 100,000 110,497 1,121,298 100 *200 First National Bk. 200,000 e392,467 e 1,459,701 100 State Bank__ Amer 200,00 3,557,035 136,020 100 *210 Haverhill Nat Bk_ 200,000 507,309 3,667,263 100 People's Say Bank.. 100,000 131,009 2,234,000 100 *218 Merrimack Nat Bk 240,000 e331,141 61,782,453 100 ----Second Nat Bank__ 500,000 738,800 9,977,826 100 1,275 Haverhill Trust Co 200.000 137,317 2,723,530 100 1 •Sale price. a Capital to be increased. b New stock. k This is the so-called "weekly deposits," now forming capital on which dividends are paid. s Ex-dividend l Last sale. n June 30 1919 ir Dac. 10 1919 d May 10 1918. g Includes trust deposits. • Nov 17 1919. a Sept. 12 1919. t Saying deposits not included In trust company returns. a Includes savings deposits. t Dec. 31 1919. FEB., 1920.] BANKS AND TRUST COMPANIES 59 . . 0000000000 t 000000000.0 1 00000. 00000000 0000 000001 00000000 0000 o I -. Found in the Advertising Columns Where Names are Printed In Italics Fuller Returns may be at. banks Dec. 31; State institutions latest returns. MONTANA-N returns MINNESOTA-Nat banks Dcc. 31; State tnatitutions latest Gross Surplus Gross Surplus Ask. Prolits. Deposits. Par. Bid. Capital. Bid. Ask Capital. db Profits. Deposits. share. Per $ I $ Per shcre. Butte$ $ $ Duluth710,8971 7,680,785 300,000 First Nat Bank_ ter Exch Nat Bk 1,000,000 1,818,147 16,737,729 65,571 1,545,677 200,000 &TCo SBk Miners 5,623,795 447,569 500,000 Ci y National Bank e38,764 e2,192,406 200,000 Sliver Bow Nat Bk_ Fl at National Bank 1,000,000 2,237,397 19,085,670 450,1451 5,989,944 100 100,000 .. __ Daly Bank & Tr Co 310,288 4,314,342 500,000 Northern Nat Bank share Per HelenaMinneapolis255,324/ 4,259,859 100 200,000 100 Amer Nat Bank_ 221,847 1,656,965 800,000 Bankers Nat Bank 145,074' 2,761,994 100 250,000 Nat Bk of Montana Fl at&Secur Nat 13k 5,000,000 5,483,117 76,557,711 94,798 1,724,792 100 150,000 220 Montana Tr JESaBk 273,774 5,493,341 200,000 No,rth Amer Bank2,225,3071 100 145,000 200,000 Bk. 260 Conrad Tr & S 372,507 8,700,079 250,000 HennepinCoSay Bk 472,9711 4,575,177 100 250,000 118 Union Bk & Tr Co. 75,577 2,173,984 300,000 MEavantile State Bk 190 returns. 72,792 1,752,471 100,000 MEnil & Mfg St Bk NEBRASKA-Nat. banks Dec. 31; Stage institutions latest 133 146,176 4,031,838 500,000 MEMum Nat Bank_ Per share. 210 Lincoln551,879 18,748,794 MIdland Nat Bk __ 1,000,000 115,690 2,492,703! 100 150,000 Central Nat Bank. 581,551 2,446,426 MInneapolis Tr Co_ 1,000,000 200 100 225 4,924,472 121,992 300,000 a270 CityNat Bank-Northwest Nat Bk. 4,000,000 3,043,309 54,121,898 501,4771 5,309,003i 100 525,000 160 -- First Nat Bank_--123,076 5,025,490 300,000 St Anth'y Falls 13k.. 100 1,920,375 71,601 105,000 250 First Say Bank.... 83,237 2,691,370 100,000 So ith Side State Bk 251,000 3,563,193' 100 200,000 170 Nat Bk of Com'ce100,297 2,477,923 100,000 Union State Bank_ 946,471 6,343,271 OmahaMInn L'n at Tr Co_ 1,000,000 194,9841 3,038,700 100 160 share. 300,000 Per Bk. Nat Exch Corn It. Paul705,177119,638,968! 100 200 225 *150 162,376 4,760,186 FirstNat Bank--- 1,250,000 400,000 Airierican Nat Bank 250,907I 8,856,702' 100 300 325 *165 500,000 294,834 8,694,935 Live Stock Nat Bk_ 500,000 Ca Coital Nat Bank_ 100 220 *300 70,322 2,184,117 Merchants' Nat Bk 1,000,000 , 765,920 14,640,708 200,000 Ce atral Bank 216,519. 3,908,666 100 150 ii8500,000 Nebraska Nat Bank Firat National Bank 3,000,000 2,927,917 40,414,404 100 290 9,242,044' 1,375,1772 245 250 Omaha Nat Bank__ 1,000,000 MEirchants' Nat Bk 2,000,000 2,209,400 30,833,130 191,579' 4,374,590 100 178 200.000 *165 42,000 1,200,000 Packers Nat Bank_ 100,000 MEitropolitan Bank 100 265 53510,563,846 1,131,393 750,000 *170 161,704 3,914,712 Stock Yds Nat Bk_ 400,000 NaI Bank of Comm 76,000 4,500,000 100 130 300,000 *140 110,300 1,882,832 300,000 State Bank Nat Exch Bank_ __ 285 100 21,263,7911 1,062,777 220 200 279,997 7,201,477 350,000 U S National Bk... 1,100,000 St et Yards Nat Bk 300 101,234 3,030,217 250,000 Os pital Tr & Say Bk 282,323 1,727,163 500,000 Me,rch Tr & Say Bk NEW HAMPSHIRE-Nat. banks Dec. 31, Per share. MISSISSIPPI-Nat. banks Dec 31; State snstitutions latest returns. ManchesterPer share. Amoskeag Nat Bk. 538,4071 4,317,735 100 200,000 Jackson100 1,794,744 2,773,995 100 209,4911 213,647 150,000 200,000 Capital Nat Bank First Nat Bank.... 294,409 2,521,731 100 192,549 1,592,703 100 150,000 100,000 FirstNat Bank____ ManchesterNat Bk 72,097 1,519,932 100 ...... 68,577 1,856,370 150,000 200,000 Jackson-State N Bk Nat Bk_ Merchants 109,767 4,519,734 250,000 • March Bk & Tr Co_ State institutions latest returns. 31; Dec. banks -Nat. NEW JERSEY VicksburgP. 'share. 987,380 25 25 14,012 150,000 Amer Bank & Tr Co Park- I Asbury 150 100 e443,986 e59,494 100,000 398,573 3,380,526 Citizens' Nat Bank Mb Pk & Ocean Gri 200,000 1,045,270 300,000 e223,594 .2,321,338 100 150 160 34,160 First Nat Bank__ _ 100,000 Merchants Nat Bk 100,000 e475,410 e2,073,928 100 400 53,000 1,004,851 Merchants' Nat Bk 100,000 Asbury Park Tr Co 92,497 2,065,215 __ 100,000 Seacoast Tiust Co MISSOURI-Nat. banks Dec. 31; Stale institutions latest returns. CityAtlantic Per share. Kansas City600,714 3,723,922 100 50,000 AtianticCity Nat Bk 44,887 1,349,417 1001 164 ' 171 200,0001 Central Exch Bank 144,827 1,312,187 100 200,000 Boardwalk Nat Bk. 22,334 1,694,669 100 214 217 100,000 City Bank of K C_ 146,474 2,269,672 100 100,000 Bank. Nat Chelsea 100 171 166 6 ,2 2,73 500,000 82,209 Ilk__ Nat Columbia 330,169 3,383,961 100,000 SecondNat Bank.. 250,000 r575,207 13,126,464 100 700 Com'wealth Nat Ilk 1,725,470 100 182,990 100.000 UnionNat Bank__105,927 2,552,088 100 124 126 Continental Nat Bk 1,000,000 518,867 4,288,764 100 150,000 AtlanticSD &Tr Co 192,571 15,072,674 100 224 228 Drovers' Nat Bank 1,000,000 3,543,995 421,744 600,000 Guarantee Trust Co First Nat Bank__ 1,000,000 2,941,398 47,368,164 100 780 790 152,727 2,015,748 200,000 Equitable Trust Co 113,112 4,186,790 100 215 200,200 Gate City Nat Bk_ 210,271 2,642,900 100 100,000 Co-Trust Marine 770 100 14,892,492 1,295,734 500,000 It-State Nat Bank Bayonne 200 51,637 2,032,937 100 200,000 Live Stock State 13k 166,464 4,821,173 100 125 200,000 Bayonne Trust Co_ 52,977 1,745,751 100 180 200 100.000 Merchants' Dank__ 465,297 8,899,026 50 148 200,000 Mechanics' Tr Co848,466 100 144 147 40,717 250,000 Metropolitan Bank. Bridgeton286,824 9,836,704 100 200 203 Midwest N 13 dr Tr 1,000,000 258,972 2,248,213 100,000 Bridget,m Nat Bk_ 241,771 10,840,964 100 175 185 Nat Reserve Bank_ 1,000,000 585,974 2,323,802 150,000 d Nat Bk Cumberlan 305 300 100 23,998,231 1,000,000 1,000,000 Bank Nat New Eng 95,099 1,179,563 100 150,000 Bk Nat Mar Farm& 275 99,775 1,878,170 100 100,000 Produce Exch Bank 186,293 1,468,530 150,000 Tr Co_ d Cumberlan 225 100 -- Per 105,969 2,131.135 200,000 Bank_ Nat Security CamdenNat Bank of Comm 4,000,000 1,827,477 64,276,774 100 358 HO"- Camden 100,000 e265,817 e5,577,571 100 250, Nat Bank_ 68,947 5,683,467 100 210 *226 200,000 100 Traders' Nat Bank_ 200,000 e469,491 e5,326,741 First Nat Bank- _ 80,067 1,803,464 100 240 100,000 State Bank 500,000 e817,879 e8,247,707 100 *231)( National State Bk_ 130,230 2,722,746 1001 k215 300,000 Stock Yds Nat Bk_ 867,699 10,485,919 25 *105 500,000 Co T & D S Camden 226 220 110,000 2,491,170 100 250,000 Western Exch Bank 183,469 3,381,696 100 *276 100,000 Broadway Tr Co__ 81,702 1,029,322 100 300 100,000 Westport Ave Bank 352,412 3,031,258 25 *90 100,000 28,710 1,200,435 100 187 15 -- Central Trust Co100,000 Citizens Say Tr Co_ 83,768 2,288,017 100 175 200 100,000 Merchants'Tr Co._ Commerce Tr Co.. 1,000,000 1,145,307 40,538,370 100 400 233,379 4,166,230 100 295 300 100,000 Co_ Fidelity NatBk&Tr 2,000.000 1,084,172 33,454,188 100 323 OW- Security Trust Co_ 2,478,319 100 *251 149,121 100,000 West Jersey Tr 225,000 100 150 48,897 500,000 Guaranty Trust Co. East Orange42,390 2,838,433 100 150 250,000 Liberty Trust Co 1,652,460 100 135 150 43,297 50,000 East Orange Bank. 200,000 100,630 2,604,425 100 300 Mercantile Tr Co.320,591 7,623,443 100 185 200 500,000 Say Inv & Tr Co-91,294 4,305,778 100 200 250,000 Peoples Trust Co 100 270 5,495,203 273,197 200,000 406,462 3,780,914 100 290 253- Essex County Tr Co 267,500 Per Pioneer Trust Co Elizabeth250,000 114,710 3,566,915 100 Fidelity Says Tr Co 100 130 4,717,072 122,935 250,000 Per share. Elizabethport B Co St. Joseph140 50 852,231 7,267,817 350,000 National State Bk_ 200,000 .193,677 .4,501,221 100 Burnes Nat Bank 58,327 1,636,119 100 100,000 Elizabeth Tr Co_ 500,000 483,870 7,988,728 100 First Nat Bank 388,727 8,370,940 100 320 300,000 Co Trust Co Union 200,000 .259,209 .8,096,131 100 Per Amer Nat Bk Hoboken250,000 5,300,000 100 250,000 St Jos Stk Yds Bk_ 746,390 9,690,969 25 105 220,000 First Nat Bank_ 200,000 e244,134 88,659,707 100 390 100 Tootle-Lacy N Bk. 9,164,742 270,000 250,000 Second Nat Bank.. 36,602 1,136,900 100 100,000 Missouri Val Tr Co 969,714 100 150 67,790 100,000 Per share. ColumbiaTr Co_-_ St. Louis162,967 3,740,371 100 250 100,000 Hoboken Trust Co_ 45.764 1,414,160 100 145 100,000 100 350 Baden Bank 23,367,793 Hudson Trust Co- 1,000,000 1,308,037 4,160,767 100 175 944,392 20,793,336 100 134 2,000,000 Boatmen's Bank_ 126,144 .200,000 Jefferson Trust Co_ 621,377 4,672,903 100 200,000 250 100 Bremen Bank 4,478,619 141,692 100,000 Steneck Trust Co _ 176,324 2,620,097 100 250 255 400 100,000 Cass Avenue Bank_ 858,222 29,767,192 100 375 600,000 Trust Co of N J... Per share. Central Nat Bank_ 1,000,000 .463,619 018 730530 100 160 Jersey City117,761 2,035,342 100 251)4 100,000 100 185 Chippewa Bank_ 3,594,000 104,430 100,000 Claremont Bank.-100 350 400 10,000,000 5,736,224 134502647 100 217 210 First Nat Bank 400,000 1,332,901 14,310,919 100 390 400 First National Bank 853,974 8,335,946 100 297)4 600,000 Franklin Bank 250,000 e820,000 e5,650,000 100 110 61,800 2,192,606 100 240 250 • !Judson Co Nat Ilk 100,000 Grand Ave Bank 3,024,273 58,734 200,000 649,907 6,922,046 100 260 262A Merchants' Nat Bk 500,000 32,722,740 100 420 435 Internal Bank St L Comm'i Tr N J____ 1,000,000 2,550,007 3,401,921 100 230 275 71,914 2,792,379 100 100 200,000 Jefferson Bank__ 101,203 100,000 Tr Co & Bk Greenv 65-140 1,519,701 100 82,997 200,000 Jeff-Gravols Bk.. 4,995,864 100 1215 230 523,301 303,000 Lincoln Trust Co__ 509,269 13,849,126 100 285 295 800,000 LafayetteSoSide Bk 93,000 5,314,209 100 200 360 100,000 Tr Co__ 205 Mercantile 200 100 16,209,666 1,247,944 100 320 Liberty Bk of St Lo 1,500,000 N J T Ght & Tr Co_ 1,000,000 1,181,991 14,426,488 27,971 1,453,702 100 105 110 100,000 Lowell Bank 159 467 6,774,740 100 100 125 500,000 Union Trust Co__ 142,467 3,310,109 100 200 250,000 Manchester Bank Long Branch 100 Merch Laclede Nat 1,700,000 01,905,767 19,660,992 100 250 270 100,000 v202 000 v1,400,000 Citizens' Nat Bank Nat Bank of Corea). 10,000,000 3,980,194 72,661,114 100 144 145 168.994 1,779,883 60 100,000 Long Branch Bkg Co 95 57,244 2,273,773 100 90 150,000 Per share Night & Day Bank_ Morristown593,211 6,765,122 100 310 1 220 200,000 Northwesti n Bank_ 227,637 3,439,346 100 200,000 First Nat Bank_ __ 155,371 2,263,832 100 100,000 125 150 50 South'n Corn & Say 3,057,615 69.092 200,000 185 National Iron Bk__ 2,000,000 81,009,373 e18883947 100 1 130 901,775 100 State Nat Bank 40,144 150,000 American Trust Co 750,517 10,642,459 100 184 190 200 100 7,198,872 United States Bank 1,000,000 417,213 600,000 Morristown Tr Co_ Per 210,027 8,899,304 100 --American Trust Co 1,000,000 Mt. Holly100,000 130,779 1,942,712 100 205 iio 38 815,791 25 35 B'way Say Tr Co 75,970 100,000 Bank Nat Mt Holly 135 1,090,503 100 41,617 100,000 50 100 125 1,211,486 Chouteau Trust Co 138,210 100,000 Union Nat Bank_ __ 23,867 1,604,541 100 109 115 100,000 120 110 100 City Trust Co 963,535 72,467 200,000 Farmers' Trust Co_ 692,233 100 140 150 45,547 100,000 Per share. Easton-TaylorTrCo Newark200,000 41,241 2,800,219 100 145 Farm & Mer Tr Co_ 201,747 8,958,403 100 115 300,000 Bank Nat 150 American 140 1,237,385 100 05,514 100,000 200 100 Laclede Trust Co 4,272,276 100,567 200,000 Br'd A Market N B 3,000,000 7,222,112 52,603,776 100 378)4 Mercantile Tr Co 496,121 5,044,442 100 260 350,000 Mfrs' Nat Bank__ Miss Vail Tr Co_ 3.000.000 5,889,091 26,688,339 100 292 7,611,432 100 240 Merchants' Nat Bk 1,000,000 1,347,004 104,972 1,778,402 100 205 100,000 Nor St L Say Tr Co Nat Newark &Essex business 100 280 Does no banking St L Union Tr Co 100 350 31,950,871 2,058,994 2,000,000 Bkg Co 31,244 1,147,390 100 125 100,000 Savings Trust Co 716,094 5,763,901 100 215 500,000 National State Bk 54,917 1,887,162 100 200.000 345 South Side Tr Co 100 7,013,802 341,992 200,000 B North Ward Nat 884,181 100 80 11,070 50,000 Vandeventer Tr Co 41,729 1,273,631 100 130 100,000 West St L Trust Co p Capital to be Increased. * Sale price. c Capita paid in; authorized amount is larger. g Amount paid in. k New stock. a Ex-dividen 12 1919. 'June 301919. a Includes Apr. 23 1919. e N1,)v. 17 1)15 a(nli Bagel Islay Sair. ds Tr. 111001C. I Last sale. r MAy 12 1919 'July Minn. L. & Tr. stock. • Dec. 16 1919. 60 BANKS AND TRUST COMPANIES [VOL. 110. Where Names are Printed in Italics Puller Returns may be Pound in the Advertising Columns NEW JERSEY-(Concluded.) NEW YORK-(ContInued.) Surplus Gross Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. -Capital. Ids Profits. Dep3sits. Par. Bid. Ask. Newark (Con.) Per share. N. Y. City (Con.) Union Nat Bank__ 1,500,001 2,403,502 25,919,19 100 Per share 340 0 Chatham dc Phenix City Trust Co 200,00( 143,007 2,437,212 100 180 National Bank_ 7,000,000 6,875,300 114600000 100 320 330 Clinton Trust Co... 100,00( 123,637 2,930,430 150 100 Chelsea Exch Bank Federal Trust Co 400,000 156,100 n7,280,800 100 130 140 1,000,00( 1,084,573 10,134,268 108 220 225 Chemical Nat Bank.. 3,000,000 9,869,000 76,449,000 100 Fidelity Trust Co_. 3,000,001 2,867,694 585 595 26,041,371 100 315 325 Citizens' National_ 2,550,000 3,599,500 37,022,000 100 Ironbound Tr Co_ 200,00( 260 265 244,094 7,823,394 250 100 City Bank, Nat'l.... 25,000,000 55,815,600 s637339000 100 390 Liberty Trust Co.... 100,00! 33,199 1.256,320 100 115 Coal & Iron Nat Bk_ 1,500,000 1,448,000 15,938,000 100 250 395 Newark Trust Co.. 200,001 20,000 1,829,096 (01 105 Colonial Bank 600,000 1,217,000 15,145,000 100 350 Av Tr Co. 100,00( 70,867 2,907 245 10C 130 Columbia Bank...... 1,000,000 Washington Tr Co. 896,700 20,864,000 100 210 200,00( 128,629 2,131,747 10C 165 Com'ce, Nat Bk of.. 25,000,00 West Side Tr Co 0 29,085,900 275850000 100 238 244 200,00( 403,527 7,067,530 10C 300 Commer'l Exch Bk. New Brunswick 200,000 968,000 8,877,000 100 425 Per share. Commonwealth 13k Nat Bank of N J__ 400,000 740,700 0,317,000 100 215 225 250,001 597,114 9,019,323 10( Continental Bank - 1,000,000 People's Nat Bank. 740,500 6,733,000 75 120 100,00( 188,479 2,457,491 10( Corn Exchange Bk. 4,200,000 8,925,500 164758000 100 495 505 New Bruns Tr Co_. 100,00( 114 849 3,522,615 10( tan Bank Passaic100,000 28,400 n2,343,100 100 95 100 Pr share. Cosmopoli East River Nat Bk_ 1,000,000 Passaic Nat Bank... 668,400 11,244,000 25 150 200,00( 534,412 4,452,914 101 Fifth Avenue Bank Hobart Trust Co... 500,000 2,401,200 19,894,000 100 900 100,001 167,109 2,370.831 10C Fifth National Bk_ 1 000,000 Passaic T & S D Cc 514,700 12,664,000 100 155 165 200,00( 385,967 7,884,718 101 First Nat Bank __ _ _ 10,000,000 33,031,700 178880000 100 People's Bk&Tr Co 200,00( 980 1000 460,197 6,451,759 10( Garfield Nat Bank_ 1,000,000 1,367,300 14,304,000 100 Paterson240 Per share. Gotham Nat Bank.. first National Bank 500,000 527,400 v10817700 100 215 225 500,00( 71Q,099 7,161 740 10( W R Grace & CoBk Paterson Nat Bank 500,000 1,038,0001 8,380,000 100 300,00( a602,443 a6,018,090 100 Greenwich Bank.... Second Nat Bank 500,000 '1,737,200 19,654,000 100 880 250,00( 376,871 7,989,000 Sc Hanover Nat Bank__ 3,000,000 19,056,500 141281000 100 Paterson Say Inst... 1,000,00( 825 835 654,717 18,623,793 101 Harriman Nat Bk_ 1,000,000 1,720,100 v31291900 100 Citizens' Trust Co. 250,00( 380 400 485,072 5,863,772 10C Import & Trad Nat 1,500,000 8,269,800 28,701,000 100 605 Franklin Trust Co. 150,001 615 129,497 2,140,994 100 Industrial Bank_ Hamilton Trust Co .1,000,000 Began bus mess Dec. 22 1919 500,00( 470,347 10,680,333 101 International Bank Paterson B D&TrCo 289,3001 6,952,000 100 300,00( 476.140 5.496.708 101 Irving National U El Trust Co Bk 6,000,000 8,281,000 120817000 100 p393 398 350,00( 525,644 11,623,386 Liberty Nat Bank.. 5,000,000 6,830,000 72,153,000 100 435 445 Lincoln Nat Bank.. 1,000,000 2,144,400 16,810,000 100 Plainfield-285 290 ManhattanCo,Bkof 2,500,000 8,260,074 96,195,000 50 250 City Nat Bank 150,001 a316,994 a4,417.922 100 200 255 Mach Metals dc First Nat Bank _ _ _ 200,001 al65,394 a6,927,766 100 175 National Bank... 6,000,000 12,100,000 141742000 100 455 465 Plainfield Trust Co 300,001 432,209 8,067,946 100 250 Merchants ' Nat Bk 3,000,000 3.323.100 28,264,000 50 242 246 State Trust Co . 100,00( 83,194 1,963,774 100 .165 Metropolitan Bank 2,000,000 2,683,200 40,984,000 100 Mutual Bank 200,000 Trenton638,300 12,471,000 100 400 Nemeth State Bk.. Broad St Nat Bank 200,000 364,600,n1,386,200 100 250,001 440,427 6,679,369 100 200 New Neth'iand Bk_ First Nat Bank....... 600,000 663,9001 9,019,000 100 200 210 500,00( a657,21 4 a6,526,387 101 231) N Y Co Nat Bank.. 1,000,000 Mechanics' Nat Bk 1,000,000 1,481,732 13,404,172 51 385,900 14,166,000 100 125 135 300 NYNBA,Bkof.. 2,000,000 6,660,700 42,277,000 100 465 480 Trenton Bkg Co._ 500,001 821,497 8,766,931 50 112 Pacific Bank Mercer Trust Co_ 500,000 1,153,900 25,704,000 50 135 100,00( 202,591 4,815,796 100 Park Bank, Nat..... 5,000,000 20,274,700,171199000 100 745 Trenton T&S D Cc mom 321,517 6,472,005 770 100 - - Produce Ex Bk,N Y 1.000,000 1,351,50027,563,000 100 350 400 Progress Bank _ _ 200,000 38,8001 n.356,200 100 MEW YORK--Nat.bits.(except N.Y.City)Dec.31; State kit latest returns. Public Nat Bank- 1,500,000 2,028,700: v62444000 100 330 1 Republic Bank_ 150,000 153,2001n4,674,200 100 Albanyi Per share. Seaboard Nat Bank. 1,000,000 4,194,400 48,101,00 Mkt Nat Bank...._1 0 100 690 600,000 a658,0711a8,702,663 100 170 175 Second Nat 1,000,000 Bank.... Mech & Farmers.... 4,298,400 20,866,000 100 400 1425 250,000 1,058,339 1,795,009 100 500 530 Standard Bank........ 100,000 Nat Commercial Bk 1,000,000IJ 2,290,940 23,944,45 105.9001n645,200 100 3 100 336 340 State Bank 2,000,000 1,415,500, 63,360,000 100 210 N Y State Nat Bk_ 500,000I a738,330 a21709470 100 265 275 Twenty-th ird W 200,000 Bk 148,100 n5,631,400 1 Albany Trust Co.... 125 135 400,0001 333,304 10,221,287 100 157 160 Union Each Nat Bk 1,000,000 1,387,200 19,536,000 100 185 1240 190 Union Trust Co..-250,000I 578,409 6,213,115 100 336 340 Wash H'ts, Bank of 100,000 440,1001 3,135,000 100 400 500 Westchester Ave Bk 94,400:n3,106,000 100 230 240 100,000 AuburnPer share. Yorkville Bank.... _ 723,700'13,236,000 100 375 I 200,000 Cayuga Co Nat Bk 200,000 307,490 2,450,778 100 1210 American Trust Co 1,000,000 Nat Bk of Auburn.. 292,837 10.816,117 100 200,000 100,204 2,006,937 100 1125 Bankers Trust Co._ k15000000 18,510,200 317536 100 100 383 387 Auburn Trust Co.... 150,000 247,931 4,520,919 Central Union Tr Co 12,500,000 17,343,97 238795232 100 440 1450 Binghamton-Per share. Columbia Trust Co 5,000,000 7,267,3003 95,643,900 100 Citizens Bank 355 ;365 100,000 78,6821 1,834,135 100 155 158 Commercial Tr Co_ 500,000 239,700 8,717,700 um 150 Iwo City National Bank 200,000 314,040 2,957,943 100 220 225 Empire Trust Co... 2,000,000 2,174,100 50,412,200 100 290 300 First Nat Bank........ 400,000 261,297 4,743,735 100 165 175 Equitable Trust Co k6,000,000 15,049,400 2340161500 100 297 302 People's Trust Co.... 500,000 132,229 5,034,090 100 125 135 Farmers'L& T Co.. 5,000,000 11,711,700 166688 000 100 445 450 Fidelity Trust Co.... 1,000,000 1,336,507 14,237,399 100 230 BrooklynPer share. Fulton Trust Co..... 500,000 659,700 9,312,400 100 255 265 Bank of Coney Isl'd 200,000 133,700 3,193,000 100 140 155 Guaranty Trust Co 25,000,000 31,239,899 673844907 100 395 400 First National Bk_ _ 600,000 719,300 11,165,900 100 205 215 Hudson Trust Co 500,000 Greenpoint Nat Bk 100 140 150 200,000 254,700 3,737,300 100 150 165 Irving Trust Co 3,000,000 1,680,000 76,278,900 100 Hillside Bank 100,000 (1')' 67,269 1,693,900 100 110 120 Italian Discount & Homestead Bank 200,000 108,400 2 700 200 100 80 Trust Co____ _ 500,000 420,800 17,372,900 100 Mechanics' Bank.._ 1,600,000 1,139,900 36,978,200 50 90 95 Lawyers' Title dr Montauk Bank 100,000 58,917 1,788,294 100 85 95 Trust Co 4,000,000 5,711,300 19,542,700 100 130 135 Municipal Bank 200,000 87,200 1,565,300 100 Lincoln Trust Co.. 1,000,000 Nassau Nat Bank.._ 1,000,000 1,300,200 17,346,90 831,300 26,622,700 100 178 100 0 205 215 Mercantile Trust.... 1,000,000 North Side Bank 922,400 16,249,500 100 235 200,000 267,200 6,516,700 100 195 205 Metropoli tan 2,000,000 Co Tr People's Nat Bank_ 39,022,770 100 290 310 4,487,007 200,000 226,300 5,232,900 100 145 160 N Y L Ins dr Tr Co 1,000,000 4,481 300 23,483,700 100 740 Ridgewood Nat Bk 755 100,000 172,100 5,731,200 100 New York Trust Co 3,000,000 11,206,100 67,956,300 100 605 620 Brooklyn Trust Co. 1,500,000 2,357,071 39,109,948 100 500 510 Title Guar dc Tr Co 5,000,000 13,020,400 33,070,900 100 390 396 Franklin Trust Co.. 1,000,000 1,326,700 25,278,100:' 100 245 255 U S Mtge dr Tr Co_ 2,000,000 4,867,200 61,722,200 100 415 425 Hamilton Trust Co 500,000 1,018,709' 8,818,881' 100 262 272 U S Tr Co of N Y.. 2,000,000 14,512,007 49,020,689 100 875 900 . Kings Co Trust Co_ 500,000 2,773,417124,210,753 100 650 700 Jamaica. L. I.Manufact'rs' Tr Co 1,000,000 925,870,31,784,419 100 200 210 First Nat Bank____ 100,000 People's Trust Co.. 1,200,000 1,600,754 36,343,83 39,100 3,174,100 100 1 100 305 315 RochesterBuffaloPer share. Per share. Alliance Bank 1,000,000 Bank of Buffalo . _ 2,500,000 2.753,449 38,297,670 831,579 14,268,732 100 185 200 100 295 Central Bank 300,000 380,1761 8,675,450 100 220 230 Lafayette Nat Bk_ 750,000 a251,902 a2,482,339 100 165 Citizens Bank 250.000 152,8201 2,258,387 100 135 140 Liberty Bank _1,500,000 1,177,707 6' 100 275 Merchants' Bank.._ 500,000 495,1271 0,127,925 100 180 200 Manuf & Trad Nat 2,000,000 a2,182.37 129.544.70 a41226675 100 280 Lincoln Nat Bank_ 1,000,000 2,007,809 18,676,119 100 230 245 Marine Trust Co.._ 7,5O0,000 9,828,8246 67,852,06 3 100 355 365 Nat Bank of Comm 750,000 a969,363 a11030095 100 160 168 People's Bank 600,000 913,410 15,718,9991 100 250 • Traders' Nat Bank.. 500,000 a411,887 a8,668,229 100 155 South Side Bk _ 100,000 27,374' 765,767 __ 140 150 Fidelity Trust Co.... 500,00) 443,839 8,933,978 100 Buffalo Trust Co... 500,000 500,000 13,709,968 100 290 310 Genesee Vail Tr Co 400,000 529.472 7,098,705 100 110 Citiz Corn'!Tr Co_ 1,250,000 1,519,917 22,238,948 100 250 Roch Tr & S D Co.. 500,000 945,571 22,417,723 100 Fidelity Trust Co_ _ 1.000,000 1,124,193 17,091,406 100 *250 225 230 Security.Trust Co.. 300,000 765,120 16,061,927 100 400 500 Elmira°or sitar.. Union Trust Co...... 1,000,000 592,710 13,721 440 100 150 Merchants' Nat Bk 250,000 127,2291 1,590,338 100 160 Second Nat Bank..... 400,000 600,667 6,635,177 100 250 SyracuseChemung Can T Co Per share. 1 600,000 585,697 7,243,158 100 215 City Bank Tr Co.... _ 1,500,000 881,276 15,427,198 100 200 205 Merchants 300,000 a339,244 a2,372,690 100 207 210 ' Nat Bk New York City- Deposits of N. Y. City banks are repo glad net and Salt Springs Nat Bk 500,000 a362,969 a4,351,229 100 200 210 are of date Jan. 31 1920. Surplus an d profits sds of date D cc. 31 Third Nat Bank...... 300,000 1308,440 12,794,404 100 150 170 1919for Nation al and Nov 12for State banks. ar A dead re cord First Tr dr Dep Co.. 2,500,000 1,662,709 32,435,890 100 230 sf banks and trust comp anies in N ew York City 235 an 's* d Broo klyn Syracuse 1,500,000 Trust Co1,028,927 22,661,761 100 280 325 may be found in our "Ry. and Ind." Sec., page 217 America, Bank of.... 1,500,000 7,304.300 28,077,00 100 0 625 TroyAm Exch Nat Bank 5,000,000 6,668,700 101246000 100 Per share. 300 5i3 Manufac'rs Nat Bk 150,000 a745,337 a13303072 100 525 Atlantic Nat Bank.. 1,000,000 1,000,500 18,363,000 100 215 National 300,000 a315,697 a5,021,172 100 170 172 Bank Bank of Cuba 100,000 105,1001n1,417,400 100 168 178.- Nat St BkCity 250,000 a451,711 a3,622,256 100 215 220 of Troy_ Bank of US 1,000,000 487,100, n24308000 100 200 People's Bank 100,000 150,762, 1,139,144 100 214 216 Battery Pk Nat Bk 1,500,000 1,516,200,12,442,000 100 215 225 Union Nat Bank.._.. 300,000 a117,433 a3,520,072 50 110 118 Bowery Bank 250,000 839,8001 5,550,000 100 425 United Nat Bank 240,000 a455,764 a822,538 100 295 300 Broadway Cent Bk 100,000 68,9001n2,564,000 100 145 155 Security Trust Co. 200,000 185,820 3,813,800 100 165 175 Bronx Borough Bk.. 150,000 64,000 n3,461.500 100 105 125 TroyTrust Co........ 200,000 72,267 2,448,951 100 95 Bronx Nat Bank...... 98 200,000 220,500 v3,217,000 100 150 160 Bryant Park Bank.. 200,000 157,100 n2,932,000 100 145 155 Butch & Drov Nat_ 300,000 143,100c 4,638,000 25 40 45 ChaseNational Bk_ 15000000 20,439,2001 316987000 100 h470 480 Cent Mercantile Bk 100,000 84,7001n2,353,700 150 220 . ----- t I *.Sale price. b Paid in. k Capital to be increased. x Ex-dividend. c May 12 1919. e Dec. 27 1919. 1 Last sale. t June 30 1919. h New stock. a Nov. 17 1919 p fr. mfg. Includes 1-2 share Irving Trust (Jo 7/ EX-rights. r April 111918. n Nov. 12 1919. t See Irving Nat. Bank. d April 24 1918. a Includes Foreign Branch Deposits. v Dec. 311919. FEB 61 BANKS AND TRUST COMPANIES 1.920.] in the Advertising Columns Where Names are Printed in Italics Fuller Returns may be Found 01-110-(Concluded.) NEW YORK-(Concluded.) Gross Surplus Capital. & Profits. Deposits. Par. Per share. 2 Utica275 find Nat Bank_ _ _ 1,250,000 1,673,962 0,326,527 100 e260 225 220 100 3,461,370 903,497 600,000 Bank_ Uneida Nat 120 110 330,314 3,597,171 100 Utica City Nat Bk_ 1,000,000 300 290 100 10,628,733 640,981 500,000 Co Citizens' Trust 413,799 1,994,092 100 250,000 Oneida Co Tr Co_ 355 893,104 10,630,301 100 345 800,000 (I tics Tr & Dep Co Per share. Watertown100 1,577,525 125,429 100,000 .Iity National Bank 250,000 c392,320 c3,594,968 100 refferson Co Nat P 200,000 c313,473 c2,608,805 100 Watertown Nat Bk 667,179 6,880,074 100 400,000 qorthin N Y Tr Cc Per chars. Westchester Cc 143,669 5,776,791 100 200,000 WI Vernon-let N 100 5,713,233 267,939 200,000 Mt Vernon Tr Cc dltD Rochelle-200,000 c138,327 c5,189,787 100 Nat City Bank_ 904,737 33,200 50,000 North Ave Bk_ _ 90,714 1,984,969 150,000 El uguenot Tr Co 143,646 4,249,783 100 200,000 N Rochelle Tr Cc c90,737 c794,776 100 100,000 nisining-lst Nat 31,517 1,261,696 100 100,000 Ossining Nat Bk •fekskill343,407 4,213,227 50 100,000 Westch Co Nat et•asantoeille48,530 1,274,203 50,000 Mt Pleasant Bk 100,000 c193,991 1,581,967 lot) 'Port Chester-lat 125 93,777 c2,208,676 100 105 300,000 Mutual Trust Cc 50,000 v115,000 v1,300,000 100 ihre-Rye Nat Bk. 133,394 1,254,665 100 100,000 Tarrytown Nat Bk white Plains78,592 • 2,616,301 100 100,000 Citizens Bank_ _ 879,972 100 _ 91,662 100,000 Cent Bk West Cc 121,617 3,091,672 100 100,000 County Trust C( 100 1,493,072 61,177 100,000 Bank_ First Nat 106,372 4,216,161 50 300,001 • enkers-1t Nat_ 100 c1,838,929 c49,224 200,000 Bk Nat Yonkers 140-207,737 4,866,947 100 130 300,000 Westeb.Fer Tr C( 909,559 65,075 150,000 Co_ Trust Yonkers sowni CAROLINA-NaLbk• Dec. 31; State institutions latest returns 375,000 c354,967 c4,494,978 100 Charlotte Nat Bk_ _ 500,000 c491,997 c2,740,141 100 Commercial Nat Bk 527,679 1,334,913 100 300,000 First Nat Bank.._ _ _ 346,370 2,494,194 100 200,000 Met (V. Farm N Bk 186,412 922 44,730 Security Say. Ilk__ c2,787,988 100 c151,449 200,000 _ _ Bank_ Nat Union 523,277 10,867,722 100 imerican Trust Co 1,050,000 241,909 2,401,711 100 500,000 independice Tr Co_ Du r h am100,000 v125,000 v2,000,000 100 Citizens' Nat Bank 593,307 3,647,126 100,000 Fidelity Bank 320,722 4,338,735 100 400,0(10 First Nat Bank_ _ _ 823,706 46,101 50,000 home Say 13ank_ 70,000 1,000,000 100,000 _ Bank_ Merchants' Greensboro-c201,334 c5,618,967 100 400,00( hiner Exch Nat Bk 62,467 2,465,347 100 200,000 1reensboro L Jr Tr_ 112,777 2,261,565 100 100,000 Greensboro Nat 13k 458,997, 100 55,491 25,000 textile Bank Raleigh100 3,528,970 104,094 300,000 Citizens Nat Bank_ 158,594 c7,166,7071 100 300,000 Commit Nat Bank.. 100 c8,315,495 c202,507 100,000 Merchants' Nat 13k 42,039 1,014,914 100 100,000 Raleigh 13kg&TrCo 1 Wilmington47,929 3,528,1771 100 200,000 &met 13k & Tr Co_ _ Murchison Nat Bk_ 1,000,000 c1,111,233 19,913,690 100 146,683 1,635,793 25 65,000 People'm Bay Bank_ 307,102 3,751,724 50 100,000 WWII Bay & Tr Co_ Winston.Salem c48,000 c2,080,000 100 150,000 c'eople's Nat Bank_ Wachovia Ilk & Tr_ 1.250,000 1,360,127 26,352,774 100 Gross Surplus Capital. & Profits. Deposits. Par. Bitl. Ask. 190 190 220 275 ClevelandAmer Say Bk Co__ Central Nat Bank_ Clark Ave Say Bk_ Clev Say & Loan Co Columbia S & L Co First Nat Bank Forest C'y S & T Co Garfield Say 13k Co Lorain St Say BkCo National City Bank Nat Commercial Bk Pearl St S & T Co _ _ United Bk & Say Co Union Commerce Nat Bank Biway Say dr Tr Co Citizens' S & Tr Co Cleveland Trust Co First Tr dr Say Bk_ Guardian Say & Tr Home Say & Trust_ L Sh Bkg & Tr Co_ State Bkg & Tr Co_ Superir S & Tr Co.. Union Say & L Co_ Woodlid Ay S & Tr ColumbusCapital City Bank_ Central Nat Bank_ Citizens' Tr de Say_ City National Bk.. Columbus Say Bk_ Cornmercl N Bank Fifth Ave Say Bk.. Hayden-Clin N B Huntington Nat Bk Lincoln Say 13k Co. Market Exch Bank Nat Bk of Cornice_ New First Nat Bk. Ohio National Bank State S Bk & Tr Co Ask Per share 170,611 2,716,648 50 50,000 1,000,000 1,241,747 18,408,774 100 228 73,000 2,800,000 100 200,000 196,699 1,460,932 100 250,000 177,869 3,739,719 50 210 100,000 2,500,000 3,852,664 78,076,791 100 4460._ y470 326,793 5,158,717 100 250,000 517,940 12,985,340 100 250 500,000 250 193,121 4,868,990 100 200,000 763,970 10,784,790 100 175 187% 2,000,000 1,500,000 c1,518,110 c8,464,255 100 180 641,597 12,748,196 100 296 600,000 589,700 15,088,000 100 260 1,000,000 4,000,000 300,000 4,000,000 3,000,000 1,250,00(1 3,000,000 125,000 800,000 350,000 500,000 860,000 350,000 4,001,927 50,015,196 702,145 11,947,823 5,573,36960,826,127 3,302,599 84,617,245 1,091,029 34,449,077 3,767,912 63,825,900 109,297 2,609,675 424,732 23,134,704 191,939 8,487,766 1,361,998 15,659,191 460,292 1,614,001 566,469 12,878,798 100 100 100 a501 523 100 255 270 _ 100 100 298 325 100 106 315 100 200 220 100 330 100 159 Fro-100 300 Per shar• 100,000 200,000 700,000 300,000 50,000 300,000 50,000 700,000 500,000 40,000 100,000 200,000 500,000 400,000 400,000 40,000 700,000 25,901 2,993,446 167,434 5,241,707, c303,442 c6,050,602 96,000 1,188,000 c583,147 c6,886,952 65,000 1,100,000 878,074 6,954,417) 230,441 8,085,361 792,962 13,422 154,217 3,062,790 295,829 4,471,315 c603,911 c8,338,399 713,021 10,323,606 199,831 3,202,762 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 110 110 200 250 300 275 350 350 110 195 200 260 290 12(1 150 220 225 250 325 13() Per star. Dayton145 200,000 c144,917 c1,351,132 100 135 Amer Nat Bk c5,923,973 10(1 305 315 200,000 c361,767 Bank City National 275 155 300,000 c210,521 c2,172,225 100 Dayton Nat Bank_ 184 185 200,000 c126,470 c1,979,139 100 150 160 Merchants' Nat Bk 166 400,000 c345,421 c2,634,274 1 100 180 190 Third Nat Bank... 174 Winters Nat Bank_ 1,000,000 c656,590 c5,255,080 100 170 28,827 1,728,191 100 100,000 City Tr & Say Bk.. 5er 225 500,000 576,529 13,078,120 100 21p Dayton Say & T Co share 1 Toledo200,000 129,379 6,797,932 100 160 Corn Say B it Tr Co 160 50 173,801 6,086,3171 225,000 Dime Say Bank Co 500,000 1,469,177 9,468,8411 Inn 330 First Nat Bank_ 321,707 6,072,720 100 240 200,000 Guardian Tr & Say 459,699 5,128,929 100 300 250,000 Home Say Bank.... 308,494 2,710,401 100 305 320 150,000 Mer & Clik 8 Bk_ _ _ 679,701 12,417,656 100 160 1,000,000 Comice_ Nat Bk of Per share. 9,712,066 100 204 1,000,001, 933,277 Northern Nat Bk.. 135 100 195 205 21,998,0611 894,971 1,000,000 S & Tr Bk Ohio Co_ 110 100 320 15,311,846 2,373,740 1,000,000 Second Nat Bank_ 200 100 208 250,000 5,49.1,967, 309,299 Co_ Tr S & B Secur 130 100 125 300,000 2,432,972 127,694 Per share. Spitzer-Ror T & Bk 300,000 100 280 3,770,238 580,620 Co Tr & Tol Say Bk 100 105 238 100 353,434 1,216,074 250,000 Union Says Bank.. 170 175 Par "TW.. 1 Youngstown 80 85 205 215 100 5,358,725 254,622 200,000 City Tr&Say Bank. 310 567,114 5,371,079 100 185 200 500.000 Commer'l Nat Bk_ Dollar Say & Tr Co 1,800,000 1,618,711 16,438,199 100 210 215 First Nat Bank _ _ _ _ 1,500,000 2,146,962 14,749,369 100 210 225 455,102 4,566,483 100 205 210 500,000 Mahoning Nat Bk_ 106,777 1,559,780 100 100.000 Mationing S&Tr Co 11ORT11 DAKOTA-Nat. banks Dec. 31; State institutions latest returns. OKLAHOMA-National banks Dec. 31; State institutions latest returns. r share. 1nrgo-Pe Per shari Guthrie771,445 27,2991 100,000 Oakota Say Bank_ _ c71,377I c2,194,108 100 130 100,000 First Nat Bank_ _ _ _ 100 722,314 14,392 50,0(10 Vargo National Bk. 846,000 100 110 20,221 25,000 Bank SaY Guthrie 289,474 5,594,777 100 300,000 first Nat Bank_ 50,000 700,000 100 110 9,000 Oklahoma State Bk 138,000 2,270,342 100 100,000 darchatita Nat Bk. 500,000 100 105 6,500 25,000 Security State Bk. 36,399 1,954,715 100 100,000 gorthern Say Bank Per share McAlester11,970 1,024,910 o0,000 Irroul Amer 141( 10,241 1,815,714 100 120 100,000 Amer Nat Bank_ _ _ c665,918 100 115 c7,669 50,000 City Nat Batik.... 01110-National banks Dec. 31; Stale institutions latest returns. (46,741 c2,082,278 100 120 100,000 First Nat B of McA Per share Mu sk ogeeCanton112,671 4,950,068 100 115 250,000 Bk Nat Commercial 43,472 2,598,709 100 175,000 Central Bay Bank__ 100 110 50,349 2,922,924 150,000 Exchange Nat Bank 240,000 c284,9311 c2,961,773 100 City Nat Bank_ ___ 267,574 8,571,489 25 125 500,000 First Nat I3ank_ 196,104 3,698,902 100 200,000 Dime Bay Bank__ 49,144 3,312,973 100 115 200,000 Muskogee Nat Bk_ 100 10,539,240 867,441 Bank_ 500,000 first Nat Per share Oklahoma City15,171,742 100 120 300,971 500,000 _ Per share. Amer Nat Bank_ Cincinnati100,000 3,665,881 100 110 100,000 Ilk__ Nat Farmers' 309 950,0171 4,217,713 100 400,000 atlas Nat Bank... 31,449 2,101,111 100 105 100,000 First State Bank.._ 375,4071 5,915,734 100 300 350 200,000 Brighton War Co 16,327 1,406,711 100 105 100,000 Guaranty Bank ___ 80,774 2,007,219 100 177 180 125,000 Cinn Bk&Tr Co._. 72,321 2,638,149 1001 100 300,000 Bank_ Liberty Nat Citizens' Nat Bank 2,000,000 2,044,5911 8,911,435 100 180 190 302,299 3,329,191 1001 110 250,000 N.B. Okla.Stk.Yds. 380 350 280,671 2,243,408 100 100,000 City Hall Bank _ _ _ _ 101 120 7,154,779 200,049 300,000 Bank_ Nat Security 40 244,3271 1,652,772 10 38 100,000 Columbia B & 8 Co 500,000 14,736,777 100 130 500,000 First National Bk. 175,429 4,536,799 50 90 105 250,000 Cosmop Bk & Tr Co 3,341,097 31,107 250,000 Ilk. Nat. Southwest 924,430 100 110 115 39,44.11 100,000 33 Wee Bay Bank_ 57,991 5,134,899 100, 105 200,000 TradesmensStateBk 354,256 100 140 26,7771 50,000 1 Cast End Batik.... Tulsa290 /260 100 37,463,449 2,133,604 8,000,000 Nat 575,177 27,510,928 fifth - Third 1,250,000 Bank Nat Exchange 210 202 First Nat Bank_ _ _ _ 6,000,000 3,575,499 36,255,125 100 098,0671 9,879,088 100 275 500,000 fourth Nat Bunk.. OREGON-National banks Dec. 31; State institutions Dcc. 31. 899,5771 7,358,907 100 230 270 500,000 Lincoln Nat Bank. 105 100 100 734,098 25,9371 50,000 Hay Co Bank home Per share Portland975,762 50 110 86,907 75,000 %lora' Bide Bank_ 125,747 1,311,231 100 100,000 G W Bates St Co__ 120 146,694 2,893,664 100 150 200,000 Purl Mark 18k.... _ . 198 100 151,421 5,833,796 3(10,0(10 . Cornice_ of Bk Can 120 110 134,824 2,193,487 100 200,000 Peoples Bk .1 By Co 51,307 2,136,987 100 130 135 100,000 Citizens Bank 23 Pro, By Ilk & T Co 1,400,000 1,171,577 12,178,689 10 20 210 200 100 1,185,144 39,399,016 2,500,000 Bank. Nat First 150 140 425,849 4,822,131 100 5econd Nat Bank_ _ 1,0(10,00(1 16,401 436,794 100 100,000 Hartmin LIE Timps'n 182,6011 2,037,141 100 250 200,000 lecur 8 B & S D Co 137,096 5,265,179 100 175 200,000 Hibernia Say Bank 139,404 2,557,986 100 210 250 100,000 iouth Ohio Say Bk. 100 300 27,660,476 1,939,247 1,000,000 Ladd & Tilton Bk 145,979 1,067,919 100 170 100,000 itk Yds Bk & Tr Co 175 38,477 1,700,000 100 150 100,000 Live Stk State Bk_ Union S B & Tr Co_ 1,000,000 3,086,21720,275,701 10( 100 135 295,390 1,000,000 27,216,090 N'westem Nat Bk. 80,117 2,331,434 100 175 75,000 Unity Bkg & By Co 130 150 100 1,654,073 20,871 100,000 Bank Nat Peninsula 520-649,994 11,101,700 100 300 500,000 cVestern Ilk & Tr Co 51,307 2,136,287 100 200 100,000 State Bank 1,000,000 1,294,920, 4,892,839 100 215 235 lentral Tr Co_ _ _ Un States Nat Bk_ _ 1,500,000 1,727,877 33,417,955 100 300 4,243,260 100 270,784 250,000 Security Say & Tr_ if These figures date Aug. 18. sale. Last a ividend. Ex-d s in. paid Amount p h New stock. k Capital to be increased. •Elak price rt. & Say. Bk. e Nov 17 1919. e Includes Oneida Co.Tr. Co. a Ci.t. June 30 19 to. s Endors-o s,oet. includes Wee. 16 1919 1919. Tr. & B S t Includes trust deposits. C Includes Union Un. Corn ctfs 62 BANKS AND TRUST COMPANIES [VOL. 110. Where Names are Printed In italics Puller Returns may be Found In the Advertising Columns IPIINNSYLVANIA-Nat.bks.(eye.Phila.) Nov.17; State inst. latest returns. Surplus Gross Capital. it Profits. Deposits. Par. Bid. AllentownAllentown Nat Bk_ 1,000,000 Merchants Nat Bk_ 200,000 Ridge Ave Bank___ 50,000 Second Nat Bank__ 300,000 Allentown Tr Co__ 150,000 Citizens Trust Co_ 125,000 Lehigh Valley T Co 125,000 Penn Counties Tr__ 300,000 PENNSYLVANIA-(Continued.) Surplus Gross Capital. di Profits. Deposits. Par. Bid. I Ad Ask. Phila.-(Con.) $ girard Trust Co____ 2,500,000 8,691,950 46,630.015 100 Guar Tr & 8 D Co_ i,000,000 600,744 8,453,898 100 Haddingt'n T&TCo 125,000 88,049 2,471,083 100 Hamilton Trust Co 200,000 260,710 2,777,740 100 Holmesburg Tr Co_ 125,000 103,421 879,138 50 Indus'l Tr T & Say_ 500.000 1,336,077 7,133,710 150 Integrity Tr Co_ __ 500,000 1,739,847 8.351,917 50 Kensington Tr Co_ 200,000 281,209 8,059,227 50 Land Title & Tr Co 2,000,000 0,991,174 16,692,827 00 Liberty T & T Co_ 500,000 555,609 2,924,470 50 Per share. Logan Trust Co_ __ 1,000,000 451,799 8,944,736 100 457,447 2,570,072 100 325 350 Market St T & TCo 249,950 358,299 0,084,753 1 50 304,970 2,256,569 100 200 210 Manayunk Tr Co__ 250,000 281,760 2,201,002 125 75,091 1,146,626 100 150 160 Merch Un Tr Co_ 1,000,000 179,977 2,242,760 100 422,499 2,132,639 100 200 210 Mortgage Trust Co 1 26,000 10,884 22,700 25 180,900 1,457,213 100 200 210 Mutual Trust Co_ _ 438,038 133,447 2,147,791 50 128,411 1,376,143 30 45 47 Northern Cent Tr_ 150.000 2,164 630,618 50 Northern Trust Co_ 500,000 2,317,601 9,970,236 100 No Phila Trust Co. 250,000 557,070 5,199,802 50 Per share. No Western Tr Co. 150,000 592,776 6,470,427 50 36,377 528,894 100 1150 Parkway Trust Co_ 125,000 20,000 687,054 100 e861,991 e6,504,391 100 325 Pelham Trust Co.. 150,000 102,240 1,244,209 100 475,274 5,264,411 100 £200 Penn Co for Insur 206,341 3,434,903 100 170 on Lives & Gr An 2,000,000 5,420,104 34,982,724 100 668,233 7,984,786 100 /235 Penn W'h'g&SD Co 1,000,000 95,302 629,749 80 14,000 895,670 100 1112 People's Trust Co • 634,450 107,719 2,765,017 50 540,169 6,484,567 100 180 Philadelphia Tr Co 1,000,000 5,320,883 22,922,270 100 439,497 5,554,756 100 250 ProcIdent Life & Tr 2,000,000 0,151,733 11,366,254 0 Real EstTrCo, corn 1,319,600 1 629,604 5,618,965 do do pref 2,140,400 f Per share. Real Est T I de Tr__ 1,000,000 2,371,379 5,663,700(108 100 71,892 986,374 50 100 Republic Trust Co 400,000 239,172 3,208,214 BO 505,000 2,300,000 100 Rittenhouse Tr Co 250,000 101,169 2,521,161 50 507,879 2,298,372 25 62 Roxborough Tr Co 10,004 1.061,414 50 150,000 304,974 1,077,890 100 Tacony Trust Co_ 150,000 203,407 1,997,559 100 369,939 1,985,829 25 Tioga Trust Co_ 125,000 59,671 1,382,569 50 77,714 725,098 50 United Sec L I & T 1,000,000 1,067,720 1,877,003 100 592,600 3,503,725 100 Wayne Junc Tr Co 160,000 67,347 1,353,787 100 376,473 3,542,986 100 325 West End Tr Co_ 2,000,000 2,042,700 0,143,590 100 615,207 3,084,567 100 West Phila T&TCo 500,000 637,110 5,468,060 50 50,577 1,252,087 25 129,944 1,830,518 100 794,741 537,399 55,437 704,910 197,719 181,998 723,197 153,174 Per 5,759,254 100 198 4,763,133 100 350 677,013 50 110 4,643,735 100 450 1,510,715 30 78 2,215,171 25 85 3,216,265 80 350 1,618,600 50 75 Alto° n aFirst Nat Bank____ Second Nat Bank__ Union Bank Altoona Trust Co Central Trust Co Mountain C'y T Co 150,000 100,000 125,000 250,000 243,000 162,962 ErieBank of Erie elm National Bk Marine Nat Bank People's Bank Second Nat Bank. Cent Tr & Title Co_ Erie Trust Co Secur Say & Tr Co_ 100,000 300,000 300,000 200,000 300,000 125,000 300,000 200,000 HarrisburgEast End Bank _ First National Bk_ _ Harrisburg Nat Bk Merchants' Nat Bk Central Trust Co_ _ Commercial Tr Co_ Commonwealth Tr _ Dauphin Dep Tr Co Harrisburg Tr Co_ _ Security Trust Co_ Union Trust Co___ 50,000 100,000 300,000 100,000 125,00C 125,000 250,000 300,000 400,000 125,000 250,000 LancasterConestoga Nat Bk. First Nat Bank _ __ _ Fulton Nat Bank_ _ Lancaster Co N Bk Northern Nat Bk- People's Nat Bank_ Agricult'l Tr Co -Farmers'Tr Co__ -Guaranty Tr Co_ -Lancaster Trust Co Northern Tr & S Co People's Trust CoUnion Trust Co_ -- 200,000 547,634 2,960,121 210,000 220,979 599,992 200,000 222,279 2,506,766 300,000 504,337 1,169,798 125,000 114,197 718,296 200,000 256,679 1,578,772 250,000 48,000 1,500,000 225,000 828,722 3,894,1491 294,000 77,980 749,961 250,000 1,108,270 6,970,238 125,000 209,700 1,560,000 125,000 535,790 2,607,7711 150,000 170,0001 2,035,0001 100 100 100 50 100 100 100 50 100 100 50 50 50 Philadelphia- Deposits of banks date Jan. 31 19 20 American Bk & Tr 297,270 150,271 v2,341,817 50 Nat. lank of Corn. 300,000 193,919 v3,338,296 100 Bank of No Amer 1,000,000 2,276,884 22,863,000 100 Broad St Nat Bank 250,000 78,037 v1,148,872 50 Centennial Nat Bk 300,000 693,679, 4,919,000 100 Central Nat Bank- 1,000,000 4,346,670 19,590,000 100 Corn Exch Nat Bank 2,000,000 4,264,597 44,861,000 100 Drovers & Mer Nat Bank 200,000 62,491 v1,387,309 50 Eighth Nat Bank . 275,000 1,238,470 5,970,000 100 First National Bank 1,500,000 2,278,104 37,594,000 100 Fourth St Nat Bank_ 3,000,000 7,741,174 58,492,000 100 Franklin Nat Bank_ 1,000,000 4,591,129 53,217,000 100 Girard Nat Bank__ _ 2,000,000 6,577,899 63,301,000 100 Kensington Nat Bk 250,000 498,809 4,316,000 50 Manayunk Nat Bk 200,000 608,627 v4,536,622 100 Market St Nat Bk--- 1,000,000 1,835,901 14,617,000 100 Middle City Bank300,000 100,172 v2,633,734 50 Nat Bk of Germ't'n 200,000 710,499 v5,681,704 50 Nat Security Bk_ _ _ 250,000 1,446,497 7,531,000 100 Ninth National Bk_ 400,000 1,146,349 9,527,000 100 Northern Nat Bank 200,000 263,939 5,728,000 100 Northwestern N B. 200,000 915,447, 6,161,000 100 Oxford Bank 100,000 35,160 v1,382,959 BO Penn National Bk_ 1,000,000 2,468,017 11,916,000 100 Philadelphia ISr f.i Bk 3,000,000 8,304,007 100791000 100 Quaker City Nat B 500,000 559,696 4,400,000 100 Second Nat Bank__ 280,000 773,799 v7,513,407 100 Sixth Nat Bank_ __ 150,000 349,190 3,381,000 100 Southwark Nat Bk_ 250,000 351,544 7,880,000 100 S'western Nat Bk__ 200,000 179,077 1,573,000 100 Tenth Nat Bank_ __ 300,000 199,744 2,897,000 100 Textile Nat Bank__ 400.000 267,677 3,445,000 100 Third Nat Bank__ 1,000.000 1,354,662 8,017,000 100 Tradesmen. Nat Bk- 1,000,000 1,973,711 13,749,000 100 Union Nat Bank_ _ _ 500,000 685,906 15,448,000 100 West Phila Bank__ 100,000 35,776 v1,490,198 50 Aldine Trust Co_ __ 385,700 319,672 1,656,312 100 Belmont Trust Co_ 125,000 71,567 1,370,611 50 Cent Tr & Say Co- _ 750,000 618,270 11,212,480 50 Chelten Trust Co__ 200,000 162,244 2,840,065 100 Colonial Trust Co_ 300,000 351,704 4,114,631 80 Columbia Av Tr Co 400,000 595,570 4,175,240 100 Commercial Tr Co_ 2,000,000 3,185,711 20,557,110 100 Com'lth T Ins & P. 1,000,000 1,619,766 8,006,206 100 • Cont-Eq T & T Co. 1,000,000 1,311,720 10,044,891 50 Empire Tit dr T Co_ 156,575 64,342 939,310 25 Excelsior Tr & S Fd 300,000 152,393 2,650,141 50 Federal Trust Co__ 125,500 131,492 3,301,235 100 Fidelity Trust Co__ 5,000,000 17,060,407 29,522,350 100 Finance Co, 1st pref a1,470,000 1 2d pref a1,530,000 12,350,102 1,168,369 Frankford Tr Co_. 250,000 553,214 4,875,029 50 Franklin Trust Co_ 1,000,000 612,294 9,372,184 Germantown Tr Co 1,000,000 1,140,712 9,261,375 100 Gir'd Av T & T Co. 200,000 178,102 1,856,481 50 MS1 100 Per 370 205 222 120 150 200 110 250 100 600 138 275 105 shore. 200 375 125 465 82 95 375 82 share. 375 210 225 125 154 201 112 255 101 602 140 276 110 Pittsburgh- 802X 133 121 160 65% 186% 246 6034 502 103 14534 100 96 60 1 38 500 201 302 121 120 610 100 453( 645 427% 35 07 403 62 58 240 102 101 80 160 148 Nom'1 price Allegheny Val Bk__ 50,000 70,000 1,771,470 50 All NRtions Dep Bk 75,000 73,240 1,760,788 Anchor Say Bank__ 100,000 434,132 3,180,603 50 Arsenal lank 100,000 233,734 1,243,745 50 13k of Pittsb N A 2,400,000 4,729,774 48,282,947 50 Bk of Secured Says_ 125,000 155,274 1,812,067 50 Citizens Say Bank_ 150,000 674,001 8,310,622 City Deposit Bank. 200,000 1,001,804 9,752,590 50 Columbia Nat 13k_. 600,000 1,144,327 13,308,813 100 Diamond Nat Bk_ _ 600,000 1,672'751 15,292,707 100 Dollar Say Bank 1,490,524 37,671,371 Duquesne Nat Bk_ 500,000 553,777 7,018,451 100 Exchange Nat 13k. 750,000 917,701 7,079,489 Farmers Dep Nat. 6,000,000 2.205,972 44,085,717 60 Per share. Fifth Avenue Bk 100,000 125,929 1,353,126 50 154% First N Bk of Birm 128,207 1,506,987 100 100,000 1 125 First National Bk, 4,000,000 1,863,990 29,466,361 100 1 295 Fourteenth St Bank 200,000 257,633 4,583,791 159% Freehold Bank_ 200,000 1,052,290 660,095 100 1 275 German S & D Bk 200,000 249,974 4,553,665 50 1 537 Homew'd Peop Bk. 50,000 53,027 1,981,040 50 1 390 Iron&GlassDol Say 172,700 352,722 3,006,238 100 Keystone Nat Bank 500,000 684,707 7,206,066 100 160 Liberty Nat Bank. 200,000 e137,003 61,886,916 100 1 429 Liberty Say Bank 100,000 73,497 1,780,579 100 1 240 Manufac'rs Bank 100,000 245,847 1,207,273 50 1 320 Marine Nat Bank 300,000 157,887 2,394,836 100 1 612% Mellon Nat Bank 6,000,000 4,786,197 0,384,736 100 1 406 Metropolitan N Bk 200,000 62,907 1,697,277 100 1 118 Monongahela N Bk 1,000,000 1,879,666 11,882,465 100 1 406 Nat Bank of Amer 200,000 e412,791 e5,096,225 100 1 187% Ohio Valley Bank 100,000 78,697 1,273,691 100 150 Pennsylvania N 200,000 222,139 1,398,768 100 1 147% Penn Say Bank_ Bk 100,000 81,117 1,327,341 80 1 483 People's Nat Bank_ 1,000,000 2,470,694 27,058,930 100 1 371 People's Say& Tr Co 3,000,000 6,291,474 11,621,096 100 1 210 Second Nat Bank 300,000 1,001,020 5,738,051 100 1 40134 Third National 13k_ 500,000 310,595 3,294,080 100 Union Nat Bank_ 2,000,000 4,534,537 24;180,123 100 1 295 Union Savings Bk_ 1,000,000 1,116,675 10,157,776 100 1 345 Western Nat Bank_ 1,000,000 535,790 7,063,760 100 1 129k Western S & D Bk 250,000 407,721 2,881,162 100 1 31734 Allegheny Trust Co 700,000 579,473 4,032,723 100 1 207 Colonial Trust Co_ 2,600,000 3,655,010 16,527,741 50 1 202 Com'wealth Tr Co_ 1,500,000 1,481,774 8,753,473 100 j125 Continental Tr Co_ 450,000 251,297 1,427,478 1 12834 Dollar Say & Tr Co 1,000,000 1,187,370 6,810,230 100 100 1 125 East End S & Tr Co 250,000 181,701 2,580,860 100 1 225 Fidel Tit Az Tr Co_ 2,000,000 4,486.892 14,115,709 100 1 248 Franklin Say & Tr_ 120,900 2,314,203 25 175,000 1 235 FIazlew'd S & T Co 165,400 158,717 1,803,638 100 145 Hill Top S & T Co 112,372 1,981,424 80 150,000 1160 Manchester Savings 135 Bank & Trust Co 250,000 125,797 2,531,713 80 184 March Say & Tr Co 125,000 37,033 917,025 80 1 140 Metropolitan Tr Co 125,000 38,710 1,019,688 100 1 112 Oakl'd Say & Tr Co 200,000 300,000 4,955,134 100 1 20034 People's Trust Co_ 250,000 173,920 2,123,667 100 Pittsburgh Tr Co_ 2,000,000 2,090,733 14,225,727 100 !Ni Potter Tit & Tr Co 500,000 170,577 3,150,676 100 195 Provident Trust Co 150,000 111,074 068,499 100 123 Real Eat S & Tr Co 400,000 75,390 2,863,192 100 160 Real Estate Tr Co 2,000,000 1,826,947 3,769,863 100 1 125 South Hills Tr Co_ 125,000 79,377 1,310,495 100 1 500 South Side Tr Co_ 300,000 253,094 2,732,878 100 Terminal Trust Co_ 125,000 35,742 520,967 Union Trust Co_ 1,500,000 35,963,306 80,829,714 100 Washington Tr Co_ 350,000 6,167,236 412,667 100 1 4 71 M West End S B dr Tr 125,000 398,232 3,012,801 50 1 2rgm William Penn Tr Co 125,000 933,146 45,272 Workingman's Say Bank & Trust Co 100,000 1,250,039 8,181,695 50 1St I *Sale price. sCapital paid in; authorized amount is larger. b Capital to increased. (1 Jura) 28 1919 !Last sale. e Nov. 17 1919 a June 2 1910. t June 30 1919 4 New stock. oe n Nov. 1 1918 Per 'share • Dec. 31 191 z nx-dividend •••• 63 BANKS AND TRUST COMPANIES FEB. 1920.] Where Names are Printed in Italics Puller Returns may be Found in the Advertising Columns TENNESSEE-Nat. banks Dec. 31; State institutions latest returns. PENNSYLVANIA-(Concluded.) Ask. Per 100 155 290 115 75 335 v300 140 295 17 13 600 220 share. 105 165 300 120 80 350 325 150 300 18 15 625 235 Per 47 202 80 360 65 106 190 87 305 165 430 260 120 210 86 126 share. 55 206 90 370 70 110 197 95 315 175 440 265 124 215 89 130 ReadingFarmers' Nat Bank First National Bank Keystone Nat Bank National Union Bk Neverslnk Bank__ Penn Nat Bank__ Reading Nat Bank_ Schuylkill Vail Bk_ Second Nat Bank.._ Berke Co Trust Co_ Colonial Trust Co... Pennsylvania Tr Co Reading Trust Co- $ i $ 940,419 5,019,301 400,020 288,864 2,529,879 250,000 297,764 1,317,405 100,000 938,249 2,293,782 200,000 530,729 91,270 100,000 344,091 3,521,132 100,000 546,129 6,169,260 500,000 975,722 265,677 100,000 814,829 1,825,664 300,000 210,007 3,220,590 250,000 154,917 1,191,700 250,000 250,000 1,226,091 7,475,109 701,211 1,679,037 500,000 Scranton684,767 60,000 300,000 Amer Bk of Comm 414,827 5,262,934 400,000 County Say Bank__ 859,230 57,247 80,000 Bank_ City Electric First National Bank 1,500,000 1,778,674 23,639,006 323,734 867 25 Bank. Ridge 50,000 Green 880,087 70,314 _ 50,000 Keystone Bank_-_ 117,766 1,432,199 60,000 North Scranton ilk 810,006 69,920 75,000 Providence Bank__ 604,271 10,024,172 700,000 Peoples S & D Bk_ _ 126,190 1.541,290 60,000 South Side Batik __ _ Third Nat Bank__ 400,000 1,257,692 6,505,703 672,767 5,758,975 Traders' Nat 13ank_ 500,000 225,077 2,618,673 500,000 Union Nat Bank__ 159,097 1,776,070 60,000 West Side Bank... 142,941 2,292,125 250,000 Anthracite Tr Co__ 84,847 1,421,427 200,000 Lincoln Trust Co.._ . Wilkes-Barre166,194 1,449,766 200,000 Dime Deposit Bank First National Bank 375,000 v690,640 v4,430,767 219,372 2,685,714 400,000 Luzerne Co Nat Bk 750,000 2,506,974 9,064,784 Miners' 13k of W B. 500,000 1,324,791 7,893,785 Second Nat Bank__ 105,794 1,975,378 100,000 Slavonic Deposit Bk 526,928 4,108,976 150,000 W B Dep dz Say BR 776,201 3,556,668 150,000 Wyoming Nat Bank 800,430 3,986,316 350,000 Wyoming Val Tr Co W illamsportFirst National Bank Lycoming Nat 13k_ West Branch N Bk_ Williamsport N Bk Northern CentralTr Co Susq Tr & 8 Dep Co 509,240 2,995,169 300,000 100,000 .210,797 v1,096,864 400,000 1,523,909 5,192,729 818,914 332,275 250,000 00..0 0008 0808 2 088008000 00000000008000 00.40..0; mm8282288 0 0.0 .0 0 00 ... 0 0. 0...... ... .. .c.. .. .... --. . . .. .." .. .0.0....0.0 Gross Surplus Capital. db Profits. Deposits. Par. Bid. Per 90 255 135 187 350 190 215 275 177 share 95 265 145 192 360 200 220 300 182 Per 260 255 540 225 share 270 265 560 230 140 90 150 100 Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ad. shore. 180 210 225 175 200 Chattanooga$ 300,000 Amer 'Fr & Bkg Co 750,000 ChattanoogaSay Bk First National Bank 1,000,000 Hamilton Nat Bank 1,000,000 250,000 Hamilton Tr dr 8 B_ $ $ 154,906 1,499,939 351,747 5,179,130 865,744 16,970,904 v646,727 v12858,674 188,574 3,063,734 100 100 100 100 100 Pr 170 200 210 170 190 KnoxvilleAmerican Nat Bank City National Bank East Tenn Nat Bk_ Holston Nat Bank. Knox Co Bank & Tr Mech Bk & Tr CoThird Nat Bank.Union Nat Bank- v27,334 v609,938 v290,907 v6,660,471 v603,899 v5,975,746 v143,373 v2,555,994 313,197 7,841 10,969 1,685,063 v193,877 v1,466,367 v96,777 v3,247,693 100 100 100 100 100 100 100 100 Per 120 155 300 140 110 110 160 150 share. 125 165 Per 1.500,000 2,078,776 15,809,467 100 300 100 8,265,721 195 462,707 600,000 747,11 7,292,097 100 280 500,000 72,014 1,910,695 100 400 50,000 129,191 2,619,490 100 150 500,000 25,227 1,490,794 100 150 100,000 181,714 3,247,942 25 125 100,000 4,522,714 100 140 91,200 300,000 106,297 4,022,766 100 240 150,000 764,424 100 125 30,347 50,000 800,000 100 75 15,000 300,000 100 350 989,940 66,710 50,000 share. 310 200 285 425 160 160 150 150 250 130 80 400 Memphis-. Bank of Com&T Co Cent State Nat Bk.. First National Bank Amer S 13 & Tr..,___ Guaranty Bk & Tr_ Liberty Say Bk&Tr Man Say Bk & Tr-. National City Bank No Memphis El Bk_ People's Bk & Tr ,Security Bk dc TrCo State Savings Bank Union & Planters' Bank & Trust Co Union Say Bank & Trust Co Comm Tr & Say Bk NashvilleAmerican Nat Bank Broadway Nat Bk_ Central Bk & Tr Co CumberlandVaINB Farm & Merch Bk. First S Bk & Tr Jo. Fourth&First Nat B Tennessee Hermitage Nat Bank__ Nashville Trust Co 100,000 800,000 400,000 500,000 100,000 300,000 300,000 200,000 1,800,000 50,000 350,000 1,000,000 200,000 100,000 500,000 100,000 220,000 1,100,000 300,000 350,000 Inn nnn 150 115 115 170 160 597,292 22,599,770 100 225 250 53,497 1,223,069 100 300 241,721 5,174,772 100 260 Per 513,134 14,138,717 100 210 221,717 3,305,772 100 210 42,399 1,067,709 100 135 200,899 5,448,901 100 210 37,876 1,009,940 100 187,930 3,886,974 100 1,196,997 24,356,019 100 p250 310 275 share 225 220 140 225 72,447 1,806,126 100 100 378,791 3,023,975 100 210 1MA RK K07 1 cAn,79Q 'IAA 110 220 x255 IRK TEXAS-National banks Dec. 31; State institutions latest returns. • Per share. • Austin849,333 7,931,277 100 300,000 American Nat Bank 300,000 v753,989 v6,606,930 100 Austin Nat Bank52,000 1,775,004 100 100,000 State National Bk_ Per share YorkPer shard Beaumont112 114 v64,207 v715,900 200,000 Central Nat Bank_ 4,328,024 100 419,439 100,000 Bank Nat American 90 227,337 2,589,397 88 250,000 City Bank 318,219 8,447,107 100 400,000 First National Bank 205 100,000 .140,792 e1,213,294 Drov dc Mech N Bk 172,960 3,205,667 100 250,000 Texas Bank & TrCo 124 500,000 v162,397 v3,433,962 First National Bank 118 125 225,000 v113,141 v1,647,284 Western Nat Bank_ Per share. Dallas v1,932,722 50 5131 300,000 v567,777 York Co Nat Bank_ Am Etch Nat Bank 1,500,000 2,118,609 30,520,700 100 375 380 383i 40 366,171 2.291,532 York Nat'l Bank__ 500,000 5,396,943 170 100 165 193,369 Bank 500,000 State Central 189,379 1,346,707 35 Guardian Trust Co 300,000 City National Bank 1,000,000 2,916,590 42,623,900 100 380 390 36 ,-- - 1,021,180 34 Secur Title & Tr Co 250,000 --• 100 3,826,191 250 265 223,409 150,000 Comm'ce of Bk Nat _ 530,379 36,748,270 100 198 200 Security Nat Bank.. 2.000,000 RHODE ISLAND-Nat. banks Dec. 31; State institurone latest returns. 281,597 7,634,706 100 150 155 Dallas 'Fr & Say 13k 1,000,000 124,724 4,257,092 100 150 165 500,000 Tenison Nat. Bank Paso El share. NewportPer 95 115 26,837 1,172,771 200,000 Border Nat Bank.. 86 149,079 2,282,992 50 Aquidneck Nat Bk.. 200,000 31,404 7,032,886 100 155 175 500,000 City Nat Bank____ 771,036 50 34 102,987 100,000 Nat Exchange Bank 10,091,120 230 100 220 241,370 _ 800,000 First Nat 445,000 60 65,000 85 Newport Nat Bank 120,000 164,720 4,023,125 100 110,000 State Nat Bank_ _ 211,091 2,557,982 100 130 150 300,000 Newport Trust Co_ 2,555,136 100 125 58,098 350 000 Amer. Tr. Say. Bk. 150 180 15,000 1,958,790 200,000 Per share. El Paso Bk & Tr. _ Pawtucket3,035,372 140 130 97,177 500,000 Rio Gr Val Bk & Tr 500,000 1,420,002 14,109,012 100 Slater Trust Co__ 100 115 16,774 1,657,918 200,000 Security Bk & Tr... 4,174,707 100 175 25,904 200,000 Per share. Texas Bk & Tr Co_ Providence722,290 33,720 -1.50,000 Union Bank & Tr_ _ 671,837 2,878,083 25 45 500,000 Blackstone Can Nat Per share. Port Worth100,000 . 43,204 1,171,822 50 Columbus Exch Bk 296,000 3,148,329 100 150 165 500,000 Continental Bk&Tr 151,237 1,410,382 50 95 120,000 High Street Bank.. 500,000 • 593,114 17,629,072 100 285 300 Farm & Mach N Bk 500,000 266,397 5,163,113 50 60 Mechanics' Nat Bk 596,929 21,912,906 100 250 First National Bank 1,000,000 Merchants' Nat Bk.. 1,000,000 1,298,549 10,028,040 80 89 35,140 1,005,175 100 135 150 100,000 Ft Worth State 13k _ 850,000 1,042,327 6,861,542 50 90 NatBank of Comm 600,000 1,396,404 19,155,969 100 375 400 Port Worth Not Bk_ 500,000 1,191,114 13,139,083 100 255 Nat Exchange Bk_ 5,051,709 100 250 300 242,223 200,000 900,694 2,222,852 50 107 Stockyards Nat Bk Phenix Nat Bank__ 450,000 107,083 4,683,490 100 325 350 200,000 Texas State Bank... 500,000 1,105,597 2,640,294 100 218 Providence Nat Bk Per share. Galveston136,949 3,483,122 50 56 300,000 Westminster Bank_ 200,000 v241,729 v5,344,766 100 160 185 ' City National Bank Industrial Trust Co 3,000,000 5,237,810 71,218,906 100 235 2,049,937 160 100 262,509 150 200,000 First National Bank Rhode 1 Hoc Tr Co 3,000,000 4,599,079 53,792,886 1000 3000 590,019 5,188,265 100 250 200,000 633,304 13,104,348 100 Texas Bank & TrCo Union Trust Co__ 1,000,000 Na minal pries Houston625,172 23,643,136 100 180 Woo nsoc k etPer share. First National Bank 2,000,000 830,007 100 21,174 100,000 Guaranty State Bk v42,300 v664,732 100 100,000 Citizens' Nat Bank 606,509 13,996,770 100 325 800,000 v56,997 v723,629 25 Houston Nat Ex Bk 100,000 National Globe Bk_ 500,000 8,835,219 100 188 192 600,000 Lumber'ns Nat Bk 200,000 v254,437 v2,258,993 20 Producers' Nat Ilk_ 253,391 4,692,264 100 210 225 500.001) Nat Bank of Comm SOUTH CAROLINA-Nat.banks Nov. 17; State institutions latest returns. Peoples State Bank 5,520 1,357,714 100 125 150 150,000 813,847 17,247,016 100 200 220 Union Nat Bank.... 1,000.000 Per share Charleston71,839 1,701,510 100 Sou Texas Commer200,000 Atlantic Nat Bk___ 233.297 3,760,960 100 290 300 cial Nat Bank.... 1,000,000 1,150,000 21,335,775 100 300 315 200,000 Atlantic Say Bank_ 54,277 1,751,797 100 140 160 100,000 State Bk de Tr Co_ Bk of Charlin,NBA 817,877 9,890,893 100 300 310 500,000 88 425,979 c361,134 100 85 Bankers Trust Co... 2,000,000 211,399 2,387,970 100 225 250 200,000 Carolina Say Bank_ Per share. San Antonio168,144 1,474,729 100 385 400 Chad Say Instit'n_ 100,000 354,107 7,547,773 100 500,000 Alamo Nat Bank... 84,000 1,300.000 100 135 140 75,000 Citizens Bank v98,707 v1,945,907 100 100,000 City National Bank 91,774 1,480,016 100 150 175 200,000 Commercial Nat Bk 572,727 5,887,192 100 500,000 Frost National Bk_ 80,869 1 116,124 100 210 225 60,000 Dime Sayings Bank v1,743,219 100 v103,676 250,000 Groos Nat Bank.. _ _ 27,500 1,275,000 100 115 125 50,000 Enterprise flank... 340,598 2,614,222 100 200,000 Lockwood Nat Bk 50,000 Ezell 13kg & Tr Co_ 680,000 100 250 255 80,000 4,352,292 100 204,192 600,000 Nat Bk of Cororn'ce First National Bank 573,529 2,068,043 100 360 365 200,000 205,170 2,864,140 100 500,000 San Antonio NatBk 400,471 100 120 125 26,932 50,000 Miners & Mer Bk 5,392,866 100 139,092 500,000 500,000 State Nat Bank _ 356,017 7,272,721 100 150 155 People's Nat Bank_ 185,372 7,134,772 100 1,000,000 Central Trust Co 28,609 1,806,673 100 225 250 50,000 Security Say Bank_ 1,665,479 100 34,871 150,000 Commerc' State Bk 100,000 So Car L'n & Tr Co 71,799 1,652,339 100 150 155 59,640 1,621,910 100 300,000 Com'w'Ith BAT Co Spartanburg2,049,210 37,992 150,000 100,000 780,150 100 180 68,500 Guaranty State Bk American Nat Bank Per share 64,000 WacoBank of Commerce 559,697 100 125 10,274 121,499 3,668,627 100 180 190 500,000 Bk of Spartanburg_ 100,000 53,704 1,056,891 100 155 Cent Tex Exch Nat _ 158,472 1,698,057 100 190 250,000 241,394 2,283,081 100 170 400,000 Citizens' Nat Bank Central Nat Bank_ 195,847 5,629,321 100 215 223 600,000 471.994 100 150 Dollar Say Bank__ 13,442 First National Bank 50,000 30,832 1,435,017 100 155 200,000 161,659 3,228,739 100 155 First Nat Bank__ First State B & T Co 500,000 92,199 2,141,347 100 160 300,000 Mer & Farm Bank.. 115,000 1,100,000 100 255 Liberty Nat Bank_ 100,000 367,001 100 100 110 30,172 100,000 26,729 National City Bank Southern Trust Co_ 60,000 398,777 100 150 2,519,132 100 250 260 226,814 300,000 Provident Nat Bk 1 Last • Sale price. a Capital and surplus to be increased. k Capital to be increased. _p Amount paid in. s Ex-dividend. r Niew stock sale d Aug. 31 1918 n June 20 1919. t June 30 1910. s Sept. 12 1918 o Including First S. Bank &Tr. Co. stock. • Dec 16 1919.* r April 19 1019 e Includes Trust Funds. v Nov. 17 1919. 500,000 400,000 229,141 2,503 690 411,347 1.848,677 ...... ...... 64 BANKS AND TRUST COMPANIES [VoL. 110. Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns UTAH-National banks Dec. 31; State institutions latest returns. WEST VIRGINIA-Nat.banks Dec. 31; State institutions latest return. Surplus Gross Capital. ds Profits. Deposits. Par. Bid. OgdenCommercial Nat Bk First National Bank Ogden Say Bank__ Ogden State Bank_ Pingree Nat Bank_ • Utah Nat Bank___ Salt Lake CityContinental Nat Bk Deseret Nat Bank_ Deseret Say Bank_ IdcComick & CoBk Nat Bk of Republic National City Bank National Copper Bk Utah State Nat Bk_ Utah Say & Tr Co_ Walker Bros, B'kers &ions S Bk & Tr Co $ 100,000 150,000 150,000 100,000 175,000 150,000 250,000 500,000 500,000 600,000 300,000 250,000 300,000 600,000 300,000 500,000 500,000 $ 227,934 208,074 167,139 231,077 75,691 78,994 $ 1,884,558 4,209,266 1,590,990 4,283,995 3,631,002 2,417,312 123,990 4,169,078 688,234 6,867,494 480,449 4,676,876 270,672 13,298,220 397,047 6,645,169 66,3934,083,622 105,047 4,628,030 161,974 7,388,056 75,984 1,758,266 244,600 10,446,637 251,1971 8,844,958 100 ____ Wheeling_- _ _- _ 100 100 100 100 100 100 100 100 100 100 100 100 100 Surplus Gross Capital. dt Profits. Deposits. Par. Bid. Ask. Per sriare. 173 180 309 310 236 237 273 280 270 285 177 180 140 112 199 200 108 109 237 258 359 360 VERMONT-National banks Dec. 31; State institutions latest returns. Bank of Ohlo Valley Centre WheelingSay Citizens.-Peoples' Trust Co Half-Dollar Say Bk Nat Bank of W Va.. Nat Exchange Bank Quarter Says Bank_ 3outh Side Bank_ _ _ Dollar Say & Tr Co 3ecurity Trust Co_ Wheeling Bank dc Trust Co $ 175,000 50,000 300,000 50,000 500,000 500,000 100,000 23,000 685,000 300,000 300.000 $ $ 40,000 1,325 969 79 84 55,971 1,341,494 100 170 . 120,211 1,552,994 100 140 140,730 1,575.702 100 227 v383,797 vt,378,921 100 160 573.901 4,549,070 100 210 70,821 797,180 100 131 116,527 1,438,470 50 200 1,330,070 10,144,166 100 254 277.467 2.214,776 100 176 400,000 4,$70,971 Asb. Per Am • WO 225 84 _ __ _ 170 ._ _ WISCONSIN-National banks Dec. 31; State institutions latest returns. La Crosse-BarrePer char. Per share. Batavtau Nat Bank 400,00) 231,914 3,568,351 100 Barre S Bk & Tr Co 50,000 65,000 1,997,151 100 Exchange State Bk 25,00, 14,360 Granite S B & T Co 623,745 100 75,000 37,924 1,993,229 100 Nat Bk of La Crosse 500,00! 301,376 5,004,938 100 People's Nat Bank.. 100,000 50,914 1,473,396 100 Security Says Bank 30,00( 8,697 664,003 100 Quarry S Bk & TCo 100,000 19,273 1,304,869 State Bk of La Cr'se 100.001 68,497 2,075,263 100 BurlingtonPer share. Howard Nat Bank_ 300,000 365,309 1,630,210 100 Milwauke eMerchants Nat Bk_ 150,000 v209,105 v412,958 100 Per stars Badger State Bank.. 200,001 ' 45,422 2,415,627 Burlington Tr Co__ 50,000 265,960 3,710,792 100 First Wisconsin N at B 6,000,00( 2,598,977 89,101,141 100 110 112 Montpelier100 199 201 Per share. Amer Each Bank__ 1,000,000 405,107 7,708,241 100 147 149 Capital S B & T Co 100,000 148,313 2,548,317 100 Marine Nat Bank.._ 500,000 v943,726 v8,933,431 100 245 25(• First National Bank 100,000 37,297 1,537,830 100 Marshall & IlsleyBk 1,000,000 1,100,000 21,6.10,671 Montpelier Nat Bk 100 195 200 150,000 142,233 1,647,523 100 Mer & Farm State 130,000 30,279 1,514,011 SIontp'r S B & T Co 100,000 262,109 4,110,368 100 Mer & Manufac Bit 400,00u 116,921 2,815,755 LOU 120 125 RutlandPer share. Nat Bk of Com'rce 1.000,000 267,974 6,528,516 100 125 Baxter Nat Bank__ 100,000 78,872 13( 449,216 100 Nat Exchange Bank 500,000 673,422 8,146,712 Clement Nat Bank_ 100,000 195,392 1,987,916 100 Second Ward Say 11 1,000,000 1,032,171 31,155,940 100 205 210, Killington Nat Bk_ 100 100,000 95,674 478,347 100 West Side Bank___ 200,000 360,742 3,267,969 100 155 Rutland Co Nat Bk 100,000 165 80,674 1,119,295 100 North Ave State___ 100,000 '35,412 1,859,049 100 150 160 Rutland Trust Co_ 50,000 100,000 1,054,611 100 First Wise Tr Co_ 800,000 627,547 3,290,982 100 VIRGINIA-National banks Dec. 31; State institutions latest returns. LynchburgFirst National Bank 675,0001 619,591 6,819,512 100 290 300 WYOMING-National banks Nov. 17. Lynchburg Nat Bk 500,000 542,597 4,708,011 100 290 305 People's Nat Bank_ 500,000 580,9711 3,216,072 100 250 260 Lynchburg Tr &S B 150,000 333,3721 2,522,679 100 475 500 CheyenneUnited Loan tilo Tr Co 300,000 Per sharr. 290,279 913,166 100 140 150 Citizens Nat Bank.. 100,000 178,499112,455,729 100 NorfolkPer share. First National Bank 100,000 n250,000 n8,000,000 100 Bankers Trust Co__ 600,000 26,374 1,101,938 20 20 Stock Growers N B 100,000 29,1,2991 6,9,14,727 Citizens Bank 1,000,000 646,5371 6,947,979 100 220 Wyom Tr & Say Bk 60,000 62,299 lidarine Bank 727,723 100 .000 180,524 ,749,363 100 200 Nat Bk of Comm'ce 1,000,000 v1,333,390 v19 760 433 100 275 rrust Co of Norfolk 1,000,000 573,913 4,510,725 100 Norfolk Nat Bank__ 1,000,000 v1,157,393 v15 143175 100 200 220 seaboard Nat Bank 500,000 301,5791 5,798,032 100 200 Virginia Nat Bank.. 500,000 200,697 3,876,936 100 175 PetersburgCANADA Per share. Petersburg Say & Tr 1,000,000 • 160,088 3,663,887 100 aiturns are all of date Sept.. 30 1919. Nat Bk of Petersb_ 680,000 v323,314 v5,399,060 100 Virginia Nat Bank.. 1,000,000 v290,8441v4,819,440 100 RichmondNOVA SCOTIA. Per share. American Nat Bank 1,000,000 879,592 16,269,498 100 260 263 Bank of Coin & Tr.. 250,000 265,104 3,300,311 100 220 230 Capital Reserve Broad-Street Bank_ 200,000 160,720 3,082,175 25 52 53 Paid in. Fund. Broadway Nat Bk_ Deposits. Par. Bid. A 11 200,000 v40,747 v1,219,880 100 100 110 Central Nat Bk ofIt 500,000 187,564 2,794,771 100 137 143 Prices are per cent, not Church Hill Bank_ _ per sh are. 150,000 77,119 1,219,330 100 150 160 Halifax$ $ First National Bank 2,000,000 1,621,777 32,863,268 100 252 $ Per cei 255 Bk of Nova Scotia G9,700,000 18,000,000 175435905 Mach & March Bk_ 100,000 100 271 167,700 1,298,082 100 253 265 Merchants Nat Bk_ 400,000 1,688,277 22,646,766 100 650 700 Nat State & CityBk 1,000,000 984,472 17,425,303, 100 210 214 Planters Nat Bank.. 600,000 v1,798,120 v21722 5461 100 575 ONTARIO. Bay Bank of Richm 200,000 330,871 1,877,480 25 92 95 Union Bk of Richm 219.750 658,979 2,049,3781 50 West End Bank___ 100,000 97,794 842,066 25 47 50 Old Dominion TrCo 1,000,000 1,184,377 3,470,226' 100 209 212 HamiltonPer cent Richm Trust Co_-- 1,000,000 269,712 1,137,9121 100 110 113 Bank of Hamilton 3,980,940 3,990,470 62,112,807 100 Virginia Trust Co.._ 1,000,000 756,874 3,232,446 100 315 323 WASHINGTON-Nal. banks Dec. 31; State institutions latest returns. TorontoBank of Toronto___ o5,000,000 6,000,000 71,331,480 SeattlePer share. Can Bank 100 of Comm 13,000,000 15,000,001) Bank for Sayings__ 400,000 34,499 1,145,738 100 100 100 198 1983 Dominion Bank...._ 6,000,000 7,000,000 .299674465 Canad'n Bk of Corn 200,000 18,239 5,830,302 100 98,722,999 100 Home Bk of Canada o1,947,776 Dexter-HortouN Bk 1,200,000 491,229 15,948,482 100 k250 255 300,000 15,908,77.1 100 Imperial Bk of Can g7,000,000 7,500,000 retrst National Bank 500,000 447,714 13,258,273 100 325 350 Standard Bank____ 3,500,000 4,500,000 86,790,451) 100 Marine Bank 200,000 48,500 555,632 68,104,591 50 Sterling Bk of Can.. 1,225,185 Metropolitan Bank 200,000 140,302 4,206,668 100 285 290 400,000 14,511,241 100 Nat Bk of Comm'ce 1,000,000 879,130 22,111,919 100 325 330 Nat Cy Bk of Seatt 500,000 304,672 7,518,737 100 190 206 People's Say Bank.. 100,000 187,576 5,407,628 100 Scand-Amer Bank _ 1,000,000 541,721 19,289,719 100 162 165 Seaboard Nat Bank 200,000 60,871 2,515,255 100 180 200 Seattle Nat Bank_ _ 1,000,000 615,179 28,486,700 100 325 330 QUEBEC. state Bk of Seattle.. 200,000 59,299 3,380,047 100 Am Say Ilk & Tr Co 600,000 105,324 3,784,797 100 100 108 Montreal Union Nat Bank _ _ 600,000 61,904 9,822,125 100 175 180 Per cent Bank of Montreal.... 20,000,000 20,000,000 434930996 100 205 Northw Tr & S Bk_ 100,000 21,577 2,950,162 100 Banqued'Hochelega g4,000,000 3,800,000 47,945,326 100 Dex-Flort T & 8 Bk 400,000 155,002 7,805,03() 100 - _156X March Bank of Can g8,136,765 7,000,000 144414138 100 189 1,57 Guardian Tr & Say 100,000 21,014 873,019 100 100 103 190 Molson's Bank_ _ _ _ Q'1,000,000 5,000,000 63,556,033 100 Proyincl Bk of Can 1,966,755 1,000,000 23,546,002 100 187 190k, SpokanePer share. Royal Bk of Canada 10,823,340 16,861,770 373531883 100 218 Bank of Montreal_ _ 100,000 8,869 1,426,683 100 Exchange Nat Ilk.... 1,000,000 263,529 12,060,920 11)0 150 160 QuebecFidelity Nat Bank.. 250,000 118,247 6,008,249 109 133 150 Banque Nationale_ 2,000,000 2,200,000 42,126,397 Old National Bank.. 1,200,000 305,744 21,108,949 100 150 160 Union Bank of Can 0,290,550 4;374,710 114998540 100 Bcandinay-Amer Bk 100,000 45,394 1,389,339 100 110 120 100 160 Elpok & East Tr Co.. 1,000,000 302,880 15,833,367 100 150 175 Union Trust Co ._ _ 200,000 108,527 246,136 100 120 130 Washington Tr Co.. 200,000 43,994 1,161,128 100 120 135 TacomaSASKATCHEWAN. Per share. Nat Bk of Tacoma.. 1,000,000 238,907 14,484,239 100 Puget S(1 Bk&Tr Co 100,000 90,141 2,659,455 100 Weybut nScandinay-Amer Bk 400,000 110,892 6,031,756 100 Weyburn Secur Bk 478,6611 racorna S B&Tr Co 200.000 215,000 3,120,255 1001 34,377 1,479,245 100 *Sale price. o Ex-rights. a Aug. 31 1918. p This is capital paid in; authorized amount is larger. s Ex-dividen • May 11017. t May 12 1919 s Apr. 19 1918. n Dec. d. a Sept. 4 11)19. stock. d March 5 1917. c May 10 1918. h New stock.18o1919. b Includes one-third of a share in Dexter-Horton Trust & Sayings Bank Nov 17 1919.