Full text of Commercial and Financial Chronicle : February 3, 1923 : Bank and Quotation Section, Vol. 116, No. 3006

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Bank and Q uotation
SECTION
OF THE

C ommercial ~&~P

inancia~

Q hronicl£

Copyrighted in 1923, according to A ct of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. 0.

VOL. 116.

NEW YORK, FEBRUARY 3 1923.

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REVIEW OF JANUARY.
Tlie overshadowing feature in the opening month
of the new year was the foreign developments. What
had been feared for a long time, happened. France,
not being able to reach an accord with Great Britain
upon measures for exapting from Germany repara­
tions payments in gold and in goods and commodities
to the exent required under the Versailles Treaty
(as repeatedly modified) proceeded to carry out its
threat of pursuing a go-it-alone policy and invaded
the rich iron and coal districts of the Ruhr Valley
upon which Germany is now virtually dependent for
its industrial life. The occupation of the entire ter­
ritory by French military forces after the operation
had once begun progressed steadily and rapidly (ap­
parently in accordance with plans carefully matured
beforehand), and it was not long before a military
cordon extended all around the district. This was
done in face of passive resistance by the industrial
workers within the territory— the miners, the rail­
road hands, the telephone and telegraph operators
and various other bodies of workers, all resorting to
partial or complete strikes in order to thwart the
French in their purpose— and in face, likewise, of
passive resistance upon the part of the entire German
population and in face, furthermore, of the passive
resistance and the active and vigorous protests of the
German Government as proclaimed to the whole
world. Belgium acted in conjunction with the
French in the invasion and the military occupation
and the Mussolini Government of Italy also gave its
support to the movement and to the French policy,
though not participating in the invasion or the occu­
pation and striving to find some way of arranging a
compromise and settlement. It is a remarkable fact




NO. 3006 '

that, though this resort to military force to compel
payment of gold and of coal, lumber and other
things in amounts which, according to those best
qualified to express an accurate opinion, are clearly
beyond the ability of the Germans to make, consti­
tuted an event of the greatest and gravest importance
and one -which may be freighted with the direst con­
sequences, and though the foreign exchange market
by the decline in French and Belgian francs re­
flected the apprehension felt in the financial world
concerning the possibilities involved, the course of
trade and business in the United States remained
wholly unaffected. Trade revival made further de­
cided progress, becoming more pronounced and more
manifest than at any time even in 1922.
French decision to proceed independently of Great
Britain followed another abortive attempt to recon­
cile the views of France and Great Britain at a final
conference of Allied Premiers at Paris Jan. 2. The
outcome, however, had been a foregone conclusion,
since English and French views as to what should be
done were utterly at variance and the British Gov­
ernment was unalterably opposed to the application
of force. The Paris Conference represented a re­
newal of the discussions held in London the previous
Dec. 9 to 11, adjournment having been taken on the
latter date with the understanding that the Premiers
would take up the discussions anew at Paris. The
Conference convened at 2 o’clock Tuesday, Jan. 2.
The British and French delegations each presented
their respective plans for settling the reparations
question at the first session. The Associated Press
correspondent at Paris cabled, however, that Prime
Minister Bonar Law and Premier Poincare appeared
to be farther apart than at the end of the London
meeting in December. The British plan, it was
pointed out, fixed the primary obligation of Germany
in the form of 50,000,000,000 gold mark 32-year
bonds, bearing no interest for four years, 4% for the
next four years, and 5% thereafter. The plan also
provided for “ a moratorium of four years, except for
certain deliveries of goods, and thereafter the pay­
ment of 2,000,000,000 gold marks yearly for four
years, 2,500,000,000 yearly for the following two
years, and 3,500,000,000 gold marks after ten years,
or such smaller sum, not less than 2,500,000,000
marks, as might be fixed by an impartial tribunal.”
The Associated Press representative said that “ va­
rious modifying conditions of payment make the
total reparations vary in amount from 30,000,000,000
to 50,000,000,000 gold marks, as the German Govern­
ment may elect from time to time to redeem the bonds
as the country’s prosperity may enable it to do.” He
added that Marquis Della Toretta later presented the
Italian scheme, which had been revised since its

8

first publication and was now described as approach­
ing the French view more closely than it did the
British. The Belgian delegates adopted the role of
listeners only at the first meeting. The dispatch said
also that after hearing the three plans outlined the
Conference delegates had decided to issue them for
publication and adjourned until the next afternoon.
It was also pointed out that the British and French
were alike in fixing German reparations at a total of
50,0000,000,000 gold marks, and similar also in set­
ting up a comprehensive financial control of Ger­
many. They were in direct opposition on the ques­
tion of penalties, France being for taking so-called
productive guarantees in the Rhineland and the
Ruhr, while Great Britain would occupy German
territories beyond the present zone only upon some
future default and with the unanimous consent of
the Allies. On Jan. 3 no progress was made in har­
monizing the two plans and the Conference ad­
journed in the evening until 3 o’clock the next after­
noon (Jan. 4), ‘‘thus avoiding the immediate break
which had been expected in many quarters,” accord­
ing to the Associated Press correspondent. It devel­
oped that Premier Poincare, earlier in the day, had
been instructed by the French Council of Ministers
to adhere to the French plan as the minimum accept­
able to France. Furthermore, the French Cabinet
Council decided that if the Allied Conference did not
accept that plan Premier Poincare was to ask the
Conference to register formally lack of agreement
among the Allies. The Premier subsequently spent
two hours in explaining the French position to the
Conference. The Paris correspondent of the New
York “ Times” said that “ both from the Quai d’Orsay
and Hotel Crillon late this evening reports were is­
sued summarizing the events of the day. They indi­
cate that neither the British nor the French are pre­
pared to yield an inch in their demands and the Con­
ference is expected to break up Friday [Jan. 5].”
The New York “ Tribune” representative cabled that,
“ with the final collapse of the Paris reparations
conference apparently only a matter of hours, France
to-night was maturing its plans for sending its
armies into the Ruhr. Following the open admis­
sions at to-day’s Premiers’ sessions that the view­
points of France and Britain were irreconcilable,
President Millerand called Marshal Foch into con­
ference. A meeting of the National War Council
will be announced shortly. Seeing no chance of Al­
lied co-operation in the productive guarantv plan ad­
vanced by Premier Poincare yesterday, France is
turning to the only alternative it believes is left to
make Germany pay— military occupation of the
Ruhr Basin.”
The collapse which had been expected occurred
shortly before 7 o’clock Thursday evening (Jan. 4).
Premier Poincare had taken up the greater part of
the time at the sessions that day with the reading of
“ what amounted to a virtual ultimatum to the Brit­
ish to say yes or no to the French reparations propo­
sition or else discontinue the Conference, according
to a British delegate.” The latter was quoted as say­
ing that he and his associates “ were astounded by
the tone adopted by M. Poincare in his remarks dur­
ing the session, which was held in secret, as are all
the present series of meetings.” The informant was
further quoted as saying that “ the French Premier
spoke in a sharp, peremptory manner as he delivered
his statement.” Adjournment was taken at 4.30
o’clock Thursday afternoon for an hour. The Paris
advices stated that “just before the time for the sec­
ond session at 5.30 p. m., the Italian delegation de­
posited fresh propositions in a final attempt to save
the Conference from a breakdown.” It was added
that the Italians had been waiting at their hotel for
a reply to a telegram sent to Premier Mussolini in
which definite instructions were requested. The As­
sociated Press correspondent said that “ the reply
instructed the Italian delegation to reject the British
reparations plan.” He added that “ the British dele­



[V ol. 116.

MONTHLY REVIEW

gates, aware of the substance of the inquiry that had
been sent to Premier Mussolini, averred that if the
Italians opposed the British plan the British delega­
tion would leave Paris.” After the Conference broke
up a member of the British delegation was quoted as
saying that “ it is an amicable rupture. We are go­
ing home to-morrow. France goes ahead without
us.”
With this failure of the Allied Premiers’ Confer­
ence to bring about agreement on the German rep­
arations question, events respecting Germany moved
speedily the next week. The invasion of the Ruhr
territory of Germany by France was carried into
effect on Jan. 10, following the decision of the Allied
Reparations Commission on Jan. 9 that Germany
was in default as to its 1922 coal deliveries. Previ­
ously (on Jan. 5) Germany had admitted its inability
to meet the payment of 500,000,000 gold marks, due
Jan. 15. The issuance of orders by President Hard­
ing for the withdrawal of the United States troops
on the Rhine was also witnessed during that week;
On January 10 Germany recalled her Ambassa­
dor to France, Dr. Wilhelm Mayer and her Min­
ister to Belgium, Dr. Landsberg. Coincident with
the action by France, the Belgian Government on
Jan. 10 began the movement of its troops to Germany
for occupation with France of the Ruhr territory.
The decision of the French and Belgian Governments
to move on to the Ruhr was made known in notes de­
livered through their embassies to Germany. The
following is the text of the French note as given in a
copyright cablegram to the New York “ Times” on
Jan. 10:
Owing to defaults recorded by the Reparations Commission as committed
by Germany in execution of the schedule laid down by the Reparations Com­
mission for deliveries of timber and coal to France and in accordance with
the stipulations of Paragraphs 17 and 18, Annex 2, Part 8, of the Treaty o f
Versailles, the French Government has decided to dispatch to the Ruhr a
mission of control composed of engineers and having the necessary powers to
supervise the acts of the Kohlensyndikat and to assure by virtue of orders
given by its President either to the latter syndicate or to the German trans­
port service strict application of the schedules fixed by the Reparations
Commission and take all necessary measures for the payment of reparations.
The Italian Government has also decided that Italian engineers shall par­
ticipate.
This mission w ill have powers defined by the two annexed documents
which the German Government is requested to communicate to the authorities
concerned, giving them the necessary instructions enabling them to conform
exactly to the prescriptions contained therein.
The French Government desires to declare that it has no intention to carry
out at the present moment an operation of a military nature, nor an occupa­
tion of a political character. It is merely dispatching into the Ruhr a mis­
sion of engineers and officials whose object is clearly defined. Its duty is to
assure respect by Germany of the obligations contained in the Treaty of Ver­
sailles.
It is only sending into the Ruhr those troops which are essential to safe­
guard the mission and guarantee the execution of its mandate.
No dislocation and no change, therefore, is made in the normal life of the
population, which can continue to work in order and peace.
It is to the greatest interest of the German Government to facilitate the
work of the mission and installation of the troops destined to protect it.
The French Government relies on the good-will of the German Government
and that of all authorities whatsoever they may be.
In case the activities of the officials of the mission and the installation of
the troops accompanying it are hindered or compromised by any manoeuvre
whatsoever, and in case local authorities, either by their action or by their
abstention, cause any disturbance whatsoever in the material or economic
life of the region, all coercive measures and all penalties which may be
deemed necessary will be taken immediately.
Powers of Control Mission.
Annex No. 1 reads:
“ The default of Germany recorded by the Reparations Commission with re­
gard to deliveries of timber and coal due in conformity with the schedules
established by the said Commission apd with a view to future strict execu­
tion of the clauses of the Treaty of Versailles regarding reparations, a mission
of control of mines and factories in the occupied territories, composed of en­
gineers and officials, is created as from to-day.
“ The engineers and officials belonging to the mission will have full power
to collect from administrative bodies, chambers of commerce, employers or
workers’ unions, business men, traders, etc., all statistical or other informa­
tion which they may consider it necessary to demand. They w ill have the
right to circulate throughout the whole occupied territory and enter offices,
mines, factories, railroad depots, etc., and there.consult all documents and
statistics.
“ The personnel of the German administration and representatives of indus­
trial and commercial bodies must under pain of severe penalties place them­
selves entirely at the disposal of the mission for the accomplishment of their
service and subsequently obey orders received from the chief of the mission.
The latter will have authority to decree modifications in the distribution of
fuels and in the routing of railroad trucks and barges carrying fuels.
“ The engineers and officials of the mission will carry special written orders
delivered by the m ilitary authorities which will serve as identification
papers.”
Orders to the Coal Syndicate.
Annex No. 2 reads:
“ As from Jan. 11 1923 the schedules of distribution of coal and coke estab­
lished or executed by the Kohlensyndikat will be submitted for approval of

F eb., 1923.]

MONTHLY REVIEW

the Industrial Mission to the Ruhr, which can modify them if it thinks nec­
essary.
“ These schedules must in particular comprise complete delivery of the
quantities provided:
“ For the countries of the Entente ;
“ For the occupied territories on the left bank of the R h in e ;
“ And must allow for the needs of the newly occupied territories.
“ W ith these exceptions there is in principle no modification of the general
distribution of fuels now in force.
“ In case of violation of the above restrictions on the part of the Kohlensyndikat of the mines being established or if the quality delivered is of an infe­
rior nature severe penalties will be imposed independently of a change of des­
tination of trains or barges which may be ordered by the Industrial Mission.
“ The engineers of the mission will make frequent investigations to ascertain
whether the orders to the Kohlensyndikat have been correctly given and
strictly executed.”

Dusseldorf and Paris Associated Press dispatches
on Jan. 11 reported that French troops had begun
marching on Essen early that morning and a Chicago
“ Tribune” cablegram Jan. 11 stated that according
to the War Ministry the advance guard of French
troops had entered Essen at 4.45 a. m. that day. On
Jan. 12 it was announced in Associated Press cable­
grams from Essen that Gen. Degoutte had issued a
proclamation from Dusseldorf establishing a state
of siege throughout the newly occupied territory.
The German laws, it was stipulated, would remain
in force. The same cablegrams said:
Passive resistance by the Germans to the occupation of the Ruhr has
brought about a deadlock in the negotiations whereby the occupational au­
thorities are trying to brftig pressure through the German officials on the
mining and industrial operators in order to obtain compliance in their de­
mand for reparations deliveries.
The Germans hold that they are unauthorized to act in regard to the ad­
ministration of the mines and industrial works or the distribution of their
products.
According to information here, Germany no longer considers herself bound
to deliver coal to France and therefore will not recompense the Ruhr opera­
tors for further deliveries. Since enforced deliveries would thus leave the
oprators without means for paying their employees for an output bringing in
no monetary returns, it is feared general unemployment, involving consider­
able danger, may follow within a fortnight if the occupational authorities
enforce the deliveries.
A ll the factories will close next Monday morning from 11 to 11.15 o’clock
in protest against the occupation. The committee directing the demonstra­
tion represents all political parties.
Railway traffic w ill stop for ten minutes at the same hour. The ringing
of church bells and the blowing of factory whistles will voice the city’s in­
dignation.
The directorate of the German Railwaymen’s Union has issued a protest
against the French occupation of Essen. The statement urges the workers to
remain calm, saying: “ Since we are defenseless, we must submit to force in
the expectation that a protest to the conscience of the world will obtain our
aim.”
Count Gunther von der Schulenburg, a supporter of Dr. Joseph Smeets, the
Rhineland separatist leader, was reported here to-day to have been arrested
by the German police while in occupied territory.

With reference to the admission by the German
Government of its inability to meet the reparations
payment due Jan. 15, Associated Press advices from
Berlin, Jan. 5, said:
The German Government to-day admitted its inability to meet the payment
of 500,000,000 gold marks, due Jan. 15, in accordance with the London rep­
arations schedule, explaining that it naturally assumed that the whole ques­
tion of reparations would be subjected to overhauling after the German pay­
ment of Treasury bonds to Belgium.
When the brief moratorium was granted to Germany the Government be­
lieved the Reparations Commission would devise a new schedule which would
become effective with the new year.
Confirming the inability to meet the January payment, official quarters
say the reparations plan of Premier Poincare designates as indispensable a
two years’ moratorium for Germany.
The Government apparently is awaiting some notification from the Rep­
arations Commission and may counter an ultimatum from France by referring
to the treaty proviso, which prescribes that the reparations demands must be
authorized and supported unanimously by the Commission. It is admitted
that a paragraph of the treaty entitles France to proceed independently, or
with the consent of Italy and Belgium, in event of a German default, as cited
in connection with the timber and coal deliveries.

9

deliveries. The decision of the Commission, which
had been looked for on Jan. 8, had been deferred by
reason of the dilatoriness and verbosity of the Ger­
man delegates. On Jan. 9 a cablegram from Paris to
the New York “ Times”, in referring to the vote of the
Commission, said:
To-day’s events have been of importance far beyond their appearance.
What happened was simply that five representatives of as many different na­
tions, seated in the Hotel Astoria, having heard the explanations of the Ger­
man delegates, decided by three votes against one, and with one of their
number taking no part in the vote, that during 1922 the coal deliveries by
Germany fell short by 2,000,000 tons of the amount demanded by the Repara­
tions Commission, and that the default was willful. By so doing they set in
motion machinery provided by treaty for the taking of whatever measures
the Powers involved may consider necessary in the circumstances.
Germans Conclude Explanations.
The proceedings began with a continuation of their explanations by the
German delegates as to how the shortage occurred, and of its inevitability.
Yesterday the absence of Herr Lubsen, Director of the Rhenan-Westphalian
Coal Syndicate, had prevented these explanations being complete. He arrived
this morning at 7 o’ clock and at 9.30 began his explanations, but for all the
influence it had on the finding of the Commission he might as well have
stayed in Germany. The case had been judged weeks ago.
One of the most important arguments advanced by the German delegation
was made by Herr Richter, the legal expert, who asserted that the only pen­
alty which it was within the power of the Commission to impose was that
implied in their letter of Mar. 21 last, which provided that in case of failure
in deliveries in kind “ supplementary cash payments should be made equal to
the value of the deficit.”
This point had the strong support of Sir John Bradbury, and it was for
that, among other reasons, that the British delegate opposed his vote to the
majority.
In the rest of the proceedings there was only one departure from the cutand-dried procedure and decision which had been forecast. It came from
Roland Boyden, the American observer at the Commission’s meetings. Though
he is without a vote and without official power in the decisions of the Com­
mission, Mr. Boyden had never been without influence. To-day that influ­
ence could not be exercised.
Mr. Boyden himself has maintained the strictest discretion as to what atti­
tude he took and what he said. But from other sources his speech as dis­
closed appears as an indictment of the Treaty of Versailles and especially of
its too literal application. Like Sir John Bradbury and other delegates, Mr.
Boyden admitted that from the technical judicial point of view Germany was
in default. But for the shortage Mr. Boyden indicated that the Treaty itself
was responsible in placing an impossible task on Germany’s shoulders.
He took exception, too, to the manner in which the Treaty made little or
no provision for discretion on the part of the Commission, but obliged its
members to report any such failure on the part of Germany to the Govern­
ments, which had the power to impose penalties that the extent of the de­
fault did not seem to warrant. The effort Germany had made to supply the
coal orders and the extent to which she had succeeded were too great, Mr.
Boyden insisted, to deserve the application of such penalties as were intended.
Further, the failure was in itself but a small one in the immense question
of reparations, and to his mind it seemed a wrong proceeding to consider this
question in detail and not as one great whole.
Bradbury Defends Berlin Government.
Sir John Bradbury’s point of view corresponded closely to that of Mr. Boy­
den. The deficit, he pointed out, was only 1 6 % % of the whole program and
making allowance for the amount of that deficit which was due to causes
which neither the German Government nor German coal owners could control
Germany was only 1 1 % % in default.
The real question for the Commission to decide was how far she was really
responsible for this shortage. In his opinion it was mainly due to the enor­
mous confusion of German conditions during the year, and the fact that dur­
ing 1922 a much greater percentage of the program had been delivered than
was the case during 1921 reflected credit rather than otherwise on the Ger­
man Government and on those responsible for delivery.
He took the view that the Commission was bound by the letter of Mar. 21
to accept payment of the deficit in cash, and that the penalties which he un­
derstood were to be imposed were not either warranted or strictly legal.
One fact in the situation which he stressed was that the price of the coal
which Germany had delivered was when translated into paper marks more
than the total revenue of the German Government during the year.
Louis Barthou, the French delegate, who was supported by both the Bel­
gian and Italian members of the Commission, insisted throughout his speech
on the “ bad w ill” of Germany in the matter, and he called down all the pow­
ers of the treaty on the defaulter’s head.
After these speeches, as indeed before, the voting was a matter of pure
form.
During the afternoon notice of the decision was, in conformity with the
treaty regulations, sent to the various Governments, but in this case no rec­
ommendations were made as to the course which should be followed.

Associated Press advices from Paris on Jan. 7, in­
On Jan. 5 cablegrams from Paris referring to the dicating that Germany had disputed the contentions
calling of a special meeting of the Reparations Com­ of France regarding coal deliveries, said:
mission to discuss the coal and coke deliveries said:
Germany delivered 89% of the 13,600,000 tons of coal demanded for French

For to-morrow M. Barthou has called a special meeting of the Reparations
Commission to discuss the situation with regard to German coal and coke
deliveries. M. Barthou will ask the Commission to register the voluntary
failure of Germany to deliver the supplies of those fuels asked for in the same
way as was done on Dec. 26 with regard to timber deliveries.
In an official statement issued to-day by the French delegation on the Com­
mission it is stated that the coal and coke deliveries have been short every
month except one since the treaty came into force, even though the quanti­
ties demanded were smaller than were due under the treaty. During 1922
the program of deliveries fixed by the treaty stipulated 19,500,000 tons.
The Reparations Commission asked for 13,800,000 tons, but the actual de­
liveries amounted to only 11,700,000 tons. The actual shortage is not enor­
mous, but it is large enough to give M. Barthou all the pretext he needs for
obtaining another declaration of voluntary failure.
Contrary to expectation, Sir John Bradbury will attend to-morrow’s meet­
ing and w ill continue for some time at least to serve on the Commission.
This decision was taken to-day when the British delegate had an interview
with Premier Bonar Law before the latter left for London.

reparations last year, or 4.6% more than is estimated in the memorandum
which France submitted to the Reparations Commission relative to Germany’s
alleged default in deliveries under the peace treaty, according to an official
reply to that memorandum.

On Jan. 13 the Reparations Commission granted
an additional 15 days—until Feb. 1—for the payment
by the German Government of 500,000,000 gold
marks, which had been scheduled as falling due on
Jan. 15. The Paris correspondent of the New York
“ Times” the same day cabled that “ to-day showed
that the French have only begun their effort to force
Germany to pay reparations. The following develop­
ments are to be noted: First— Official postpone­
ment by the Reparations Commission for 15 days of
On Jan. 9 the Allied Reparations Commission, by the payment of 500,000,000 gold marks due Jan. 15.
a vote of 3 to 1 (Sir John Bradbury dissenting), de­ Second—French notification of a reparations plan
clared Germany to be in default as to its 1922 coal providing further penalties to be sent in answer to




10

MONTHLY REVIEW

Germany’s November demand for a moratorium.
Third—A Government decision to extend the Ruhr
occupation to embrace all the coal fields if the Ger­
mans persist in their refusal to continue to pay coal
deliveries for the Allies. Fourth—A Cabinet Coun­
cil on the first report of the engineers and officials
who have taken over the Ruhr.” He said that in all
probability the Commission would notify the Ger­
man Government before Feb. 1 that it had granted
“ a partial moratorium, probably for two years, in
exchange for acceptance by the Germans of certain
measures, not only for control of their finances, but
also for the collection of money which the French es­
timate at 1,000,000,000 marks gold annually.” Word
came from Paris Jan. 15 that “ the Reparations Com­
mission has received a note from the German Gov­
ernment signifying its intention to suspend payments
of money and in kind because of the occupation of
the Ruhr, which it says it considers a violation of the
Versailles Treaty.” In the German Reichstag, on
Jan. 13, “ The Deutsche Volkspartei, the Centrum and
the Democratic Party, which have been backing the
Cuno Government, submitted the following resolu­
tion : ‘The Reichstag solemnly protests against the
high-handed measures already in force or threatened
by the occupation of the Ruhr district. The Reich­
stag will support the Federal Government in its de­
termined resistance against these oppressive meas­
ures with all its power.’ ” This resolution was car­
ried at the end of the discussion with all the votes
except those of the Communists. The total was 283
to 12. Chancellor Cuno then made a speech in which
he asserted that “ Germany will not help France in
the Ruhr or pay reparations now.” The Moscow
correspondent of the New York “ Times” cabled that
“ a strong note of protest against the French invasion
of the Ruhr has been addressed by the Soviet Govern­
ment to the peoples of the world.” There was a large
demonstration in Berlin on Sunday, Jan. 14, by
“ bourgeois parties and organizations, ranging from
the Democrats to the most extreme reactionary, antiSemitic groups.” The affair, as noted above, was
called “ a day of mourning” because of the French in­
vasion of the Ruhr district, and was intended as a
protest against it. Some 40 orators addressed the
masses from the steps of the Reichstag. The police
stopped a rush on the part of “ a small group of super­
patriots” to the French Embassy.
On Jan. 15 Bochum, where are located the big steel
plants of Hugo Stinnes, and other industries, was
occupied by the French. Announcement was made
that “ the German mine directors notified the French
Control Commission to-day (Jan. 15) that they must
refuse to resume deliveries of coal on the reparations
account, even in return for cash payments, on the
ground that they were in receipt of an order from the
German Federal Coal Commission forbidding such
action.” A dispatch from Dusseldorf stated that
“ France’s answer to the German mine owners’ re­
fusal to deliver coal on any terms was to extend the
zone of occupation, originally intended to cover only
the Bochum region, which they occupied this morn­
ing. The new line established by Gen. Degoutte’s
forces is from 15 to 20 kilometres further eastward,
coming to the edge of the great industrial city of
Dortmund.” The Associated Press correspondent
added that “ to-day’s operation by the French encir­
cles all the Ruhr industries of Hugo Stinnes, the Ger­
man industrial leader. The movement, with Bochum
as its centre, involves an advance eastward from 10
to 15 kilometres by the French.” The Berlin dis­
patches on Jan. 16 made it clear that the German
Federal Coal Commissioner had the support not only
of the German people, but also of the Cabinet, in is­
suing an order “ prohibiting producers from furnish­
ing coal on French and Belgian orders.” In fact,
the Associated Press correspondent at the German
capital cabled that “ these instructions of the Coal
Commissioner followed a resolution passed at a spe­
cial Cabinet session on Sunday [Jan. 14] and did not



[V ol. 116.

represent the personal initiative of the official coal
controller.” He also said that “ the editorial com­
ment in the newspapers is beginning to strike a note
of confidence, now that Parliamentary and popular
endorsement has been voted the Government.” As for
the French side of the situation, the Paris corre­
spondent of the New York “ Times,” in a cablegram
dated Jan. 15, said: “ Faced by continued opposition
of the Berlin Government in its effort to collect rep­
arations in the Ruhr, the French Government to-day
issued orders to Gen. Degoutte to extend his occupa­
tion to embrace the whole of the Ruhr region, and
following the refusal of the Ruhr operators to deliver
reparations coal, in obedience to orders from Berlin,
Premier Poincare announced that the coal would be
requisitioned on the same methods used by the Ger­
mans during their war-time occupation of Northern
France to get what they wanted. All indications to­
night are that M. Poincare has decided to go through
to the limit with his program and this evening there
is a rumor all over Paris that the French may go to
Berlin. This is popular exaggeration of the French
plan to send a commission to Berlin to control Ger­
man finances, which commission might be accom­
panied by some French troops. It does not mean
that there is any plan to send an army to Berlin.”
In the dispatches from Rome on Jan. 16 Premier
Mussolini figured as a would-be conciliator between
France and Germany. At a meeting on Jan. 15 of the
Italian Council of Ministers he “ explained Italy’s po­
sition in regard to Belgium’s and France’s need of
German coal.” He said that “ Italy had great need
of German coal and therefore had given France and
Belgium her support in their enterprise against Ger­
many. On the other hand, Italy believed that, with­
out having recourse to violent measures, there was
still much to be gained by peaceful negotiations. He
had only given her political support by sending a
commission of experts and engineers into the Ruhr,
and not her military support.” The New York
“ Times” representative in Rome said that “ Musso­
lini’s policy with regard to German reparations is
still the policy which he set forth in his recent memo­
randum, substantially as follows: First, reduction
to 50,000,000,000 gold marks of the total reparations;
second, a moratorium for two years, but not for pay­
ment in kind; third, Germany to raise a loan of 3,000,000,000 gold marks, of which 500,000,000 would
be used to stabilize exchange and the remainder for
reparations; fourth, subscribers to the loan to have
priority as to certain guarantees in regard to which
the reparations commission now has priority; fifth,
Germany to promise to take all necessary steps to
balance her State budget.” The same correspondent
cabled also that “ these proposals Mussolini has again
brought forward. He has made earnest representa­
tions to France, asking her to reflect that if any
agreement is possible, even now when she has taken
the bull bv the horns and marched into the Ruhr, it
would not be in her interest to reject it. The Premier
is exerting his influence on Germany, declaring that
she has everything to lose and nothing to gain by
goading France into taking military measures, and
he is trying to convince the Cuno Government that it
would be committing a grave error by not welcoming
any chance of conciliation.”
Premier Poincare on Jan. 15 asked the Repara­
tions Commission to meet the next morning “ to pro­
claim another voluntary default against Germany,
declaring her refusal to deliver coal a breach of the
Treaty of Versailles.” The Commission did meet
and “ decided that Germany had wilfully defaulted
on all deliveries in kind for 1923.” The Associated
Press correspondent said that “ France, Belgium and
Italy so voted. Kemball Cook, representing Great
Britain in place of Sir John Bradbury, who was re­
ported as indisposed, abstained from voting.” It was
explained that “ to-days default applies specifically
to the coal, wood and cattle deliveries which have
actually been stopped by Germany. The delivery of

F eb., 1923.]

MONTHLY KEVIEW

11

Le Trocquer, the French and Belgian military
authorities in the Ruhr began on January 30
a series of wholesale expulsions from the ter­
ritory of German officials responsible for re­
sistance to Allied orders. With hope of an ar­
rangement between the French and German indus­
trials gone, and with the determined opposition of
the Ruhr workers growing stronger every day, the
French experts had reached the end of their tether.
Meanwhile the Lorraine iron works were closing
down one by one for lack of coke, it was stated. On
Jan. 30, according to a dispatch from Cologne to the
London “ Daily Chronicle,” given in a copyrighted
cablegram to the New York “ Times,” Gen. Degoutte
received the representatives of the foreign press at
Dusseldorf and made a speech to them on the situa­
tion. The General, who was very cordial, Mas obvi­
ously acting, it is stated, under instructions from
Paris, for his speech was read with great care and he
would not add a sentence to the contents of the docu­
ment which he had circulated in French and in Eng­
lish to the correspondents present.
On the final day of the month the French Govern­
ment took the most drastic step of all. Beginning at
midnight Jan. 31 all coal from the Ruhr was cut off
from Germany. Gen. Degoutte, acting on orders
from Parig, instructed his troops not to allow one
train, one car, one ton, or one pound of coal or coke
to go into the unoccupied territory. It was declared
to be the intention of M. Poincare to withhold all
Ruhr coal from Germany until Berlin accepted all
The directors of the Bermandsglueck, Westernhold and Rhine and Baden the French reparations terms, agreed to all disarma­
works in the region of Bochum, and the director and sub-director of the
Mallersehechte mine in the region of Gladbach, who refused to obey French ment terms and recognized all her obligations under
orders to turn over their records and assist the French in operating their the Treaty of Versailles. A moratorium having been
plants, were arrested and joined Dr. Schiutius, President of the Dusseldorf
refused to Germany there was due from her on Jan.
State Finance Department, and Mine Director Rochstein in the Dusseldorf
Central Jail, where the French say they will be treated as political prisoners. 31 the sum of 500,000,000 gold marks. This payment
French troops occupied the pits and coke ovens, which the directors refused not having been met, Premier Poincare sent to the
to hand over to them, and to-morrow French engineers will take charge of
German Charge at Paris a formal note, stating that
their exploitation.
the Ruhr coal supply had been cut off from Germany.
An Essen cablegram Jan. 19 (copyright by the New
The Belgian Government, it is understood, sent a
York “ Times” ) stated:
similar note to Berlin. The text of M. Poincare’s
From 4 to 6 o’clock this afternoon the Supreme Council of the Mine W ork­
ers’ Councils of the State mines sat and deliberated on the general strike note was:
dyes and building materials apparently has not yet
been held up, although the Germans are expected to
halt such shipments within a few days.”
With reference to the statement quoted above as
having been made to the Reparations Commission by
Roland W. Boyden, American representative on that
body, the State Department at Washington first
characterized it as an unofficial document. On
January 16 Secretary Hughes sent Senator Lodge
a letter in which he outlined the position of Mr.
Boyden and made it plain that the latter repre­
sented only the personal views of Mr. Boyden. In
fact, the Paris correspondent of the New York
“ Herald” in a cablegram in the evening of Jan. 15
said that he “ has submitted a statement of his views,
which is the focus of much attention.” He added
that “ with wild rumors afloat of the inspiration and
importance of the Boyden document the fact is that
Boyden is again giving this time, at the request of the
Commission, what are described as his ‘personal
views,’ which apparently are merely an outline of
how he would deal with the problem. Notwithstand­
ing this fact, however, Mr. Boyden had sent his state­
ment to the State Department two weeks ago, and
this would convey the impression that there had been
no disagreement between him and the State Depart­
ment.”
Regarding the arrests of industrial leaders for re­
fusing to assist the French in the operation of the
Ruhr mines, Associated Press cablegrams from Ber­
lin Jan. 19 reported as follows:

question at Recklinghausen. They finished by resolving to send a strong
delegation to call on Gen. Degoutte at Dusseldorf to-morrow morning and to
demand:
1. Release of the arrested officials.
2. Withdrawal of the French troops.
3. Complete abandonment of confiscation of the Prussian State Mines.
The miners will continue working at least until Gen. Degoutte’ s answer is
known.

The developments on the 20th inst. included the
arrest at Essen of Fritz Thyssen (active head of the
Thyssen interests) and five other leading mine opera­
tors. The six were convicted at Essen on Jan. 24, ac­
cording to the Associated Press, which added:
Herry Thyssen was fined 5,100 francs; Herr Olfe, 224,300 francs, and Herr
Spindler, 47,752 francs.
In each instanee fines were imposed in francs. The aggregate amount,
translated into American money, was $20,000.
Officials here were unwilling to-night to comment on the judgment of the
court, but permitted the feeling to spread that it would serve as further proof
of the mildness with which the French Government is conducting its opera­
tions in the Ruhr and be an excuse for stronger measures when or if further
occasion arises to deal with recalcitrancy.
The prosecutor at the close of the forenoon session suggested he was in­
clined to leniency because of the patriotic motives of the Germans.
The defense contended that the occupation of the Ruhr was illegal under
The Hague and Rhineland Conventions, while the prosecution argued that
the m ilitary occupation of “ enemy country” complied with the provisions of
the same treaties.

On Jan. 25 the Associated Press reported the fol­
lowing from Dusseldorf:
The railroad station in Dusseldorf is closed, the post office, telegraphs and
telephones are out of commission, and the Ruhr is almost entirely isolated
from the outside exoept through the French military system of communica­
tion.
Violent manifestations occurred in the streets of Dusseldorf this evening
in connection with a general two-hour strike called in protest against the
French occupation and as a welcoming demonstration to F ’-'tz Thyssen. Sev­
eral shots were fired by the French in quelling the disorders, and one Ger­
man was wounded. The strike lasted from 5 p. m. to 7 p. m.
The French to-night had stationed tanks at strategic points throughout
the c i t y ; machine guns were so placed as to command every public square,
and forces of cavalry and infantry were patrolling the streets.
A total of 100,000 armed men are here to impose the will of France and
Belgium on a population of 3,500,000, many of whom still retain their weap­
ons, and which has the moral and financial support of the entire Reich to the
east and the friendly and effective help of 7,000,000 in the occupied territory
on the left bank of the Rhine.

By letter of Jan. 17 the Minister of Foreign Affairs had the honor to re­
call to the German Charge d’Affaires that the measures taken by the French
Government and the Belgian Government, with the co-operation of the Italian
Government, to compel Germany to deliver the coal she owed France, did not
have the character of a m ilitary operation. These measures, as the German
Government was notified on Jan. 10, were taken because of the default de­
cided by the Reparations Commission and committed by Germany in execu­
tion of the program of the Commission on Reparations concerning deliveries
of timber and coal to France.
However, as was indicated in the letter of Jan. 17, the attitude adopted
by the industrialists of the Ruhr on instructions of the Government o f the
Reich made it impossible for the allied authorities to proceed in an amicable
manner and put on them the obligation to requisition coal which ought to be
delivered and effect deroutements in the measure necessary.
The German Government in effect began by declaring to the proprietors of
the mines that coal delivered by them for reparations would not be paid for
by the Government The chief of the Engineers’ Commission made it known
that the allied Governments were disposed to pay directly for coal. The Ger­
man Government then forbade the proprietors to make deliveries, even under
force.
Since then the obstruction of the German Government has steadily in­
creased. The Reparations Commission had to declare on Jan. 16 defaults
concerning coal and cattle, both for reparations and restitution. It was
obliged to notify on Jan. 26 to the German Government the general default
of Germany in her obligations toward France and Belgium.
Finally, the German Government, by instructions which it has given, by
excitations it has fomented among the railroad officials and employees of the
posts, telephones and telegraphs, not only in the Ruhr, but on the left bank
of the Rhine, threatens to bring disorganization to the exploitation of mines
and factories of the Ruhr.
In these conditions, considering the general default declared by the Rep­
aration Commission, the French Government, acting by virtue of Paragraph
18, Annex 2, Part VIII., of the treaty of peace, informs the German Govern­
ment that from Feb. 1 no delivery of coal or coke will any longer take
place from the occupied zone to the rest of Germany. This action is taken
under the reserve of new sanctions in case of necessity.

It is said to be the intention of tlie French Govern­
ment, if Germany does not yield at once, to proceed
to market as much Ruhr coal as possible. According
to its plan, as outlined in a copyrighted cable­
gram to the New York “ Times,” Holland,
Switzerland and countries which ordinarily buy
coal from Germany will have the opportunity to
purchase their supplies from the Allied Control Com­
mission in the Ruhr. Payments would be made to
the Reparations Commission and if payments were
Acting on instructions received from Paris by not so made deliveries would at once cease. Every
General Weygand and Minister of Public Works effort will be made to dispose of as much coal as may




12

MONTHLY REVIFW

be produced and the French count on the miners re­
maining at their posts.
In the United States trade continued to expand.
The iron and steel industry, particularly, seemed fa­
vored in that respect, though the revival also ex­
tended to nearly all other lines of business activity.
The “ Iron Age,” in its issue of Jan. 18, in referring
to this, said that the steel companies were becoming
so well “ sold up” for the first quarter of the year
that they were naming higher prices on what they
had left for that delivery, particularly on plates,
structural shapes and bars, and were selling spar­
ingly. Manufacturing consumers of steel in various
lines had been increasing their production schedules,
and in view of stiffening prices and slow deliveries
were seeking to place new orders. Thus both buyers
and sellers were contributing to a stronger market.
The rate of operations in the Pittsburgh and Youngs­
town districts had gone as high as 85% in some cases,
it was stated . Buying of all kinds of iron and steel
seemed to be on a prodigious scale. In its issue of
Jan. 27 the “ Iron Age” said that the week’s business
in fabricated steel had been “ phenomenal.” Then,
also, the railroads were continuing to place orders of
exceptional size for equipment—locomotives, cars,
etc. Among agricultural works some of those manu­
facturing tillage tools were operating at 80 to 90% of
capacity. Manufacturers of automobile parts, the
“ Age” said, had been buyers of bars, and there had
been a good demand for special sections for automo­
bile rims. The call for sheets had been heavy, par­
ticularly from the automobile trade, and mills were
about “filled up” for the first quarter of the year.
An important development during the month was
the removal of possibility of another strike in the
bituminous coal fields on April 1, with the expiration
at that time of the agreement which ended the strike
in the summer of 1922. This result was achieved by
operators and miners in the territory covered by Illi­
nois, Indiana and Northern Ohio coming to terms,
the rates and terms in this territory being usu­
ally accepted as a basis for settlements in ‘other
fields. The signing of the papers took place at the
Waldorf-Astoria in this city on Wednesday, Jan. 24.
The conference here followed a series of conferences
previously held in Chicago and which aimed to deal
with the bituminous coal industry as a whole. Along
that line it was impossible to accomplish anything.
So the old tactics were repeated of reaching an agree­
ment in one of the main fields and thereby forcing
the other fields to follow suit. The agreement con­
tinues the old wages and working terms for another
year, or until April 1 1924, and thus assures to the
unionized mines the peak wages reached during the
period of war inflation, the miners having thus been
successful in resisting even the slightest wage re­
duction.
The tendency of prices in the textile industries con­
tinued strongly upward, influenced by the rising ten­
dency of the raw material and the advances in wages.
The American Woolen Co. on Jan. 23 opened its
principal overcoating and suiting lines for fall at
prices showing an average advance of 16% %, com­
pared with the previous fall, which was much more
moderate than had been expected. The key number
of the serges, Fulton 3192, was opened at $2 67% per
yard, which compared with $2 50 at the opening for
spring and $2 35 last fall. Following the opening of
its line of fabrics for men’s clothing, the American
Woolen Co. also on the same day opened its line of
woolen and worsted fabrics for women’s wear. These
showed smaller advances than those named on the
men’s wear line, the heaviest increase being about
10 %. In muslins the B. B. & R. Knight cotton mills
advanced “ Fruit of Loom” %c. per yard to 20c. per
yard. The new price represented 166% advance over
the 1914 price, then 7%c. per yard* Cotton reached
a new high figure during the month, the moving
cause being realization of the fact that consumptive
requirements for the rest of the season were certain



[V ol. 116.

to be in excess of available new supplies, thus trench­
ing further on accumulated stocks. The price of
middling upland spot cotton on the New York Cot­
ton Exchange on Jan. 2 (the first business day of the
year) was 26.45c. per pound or fractionally lower
than the price Dec. 29, the last business day of the
old year, which was 26.60c. By Jan. 23 the quotation
was up to 28.75c., after which, however, there came a
sharp downward reaction, on heavy sales on the part
of speculative interests to realize profits; by Jan. 31
the price had receded to 27.50c. Print cloths at Fall
River were marked up Jan. 16 from 8% to 8%c., and
Jan. 26 to 8%c.
In food prices, coffee advanced, No. 7 Rio rising
from about l l % @ l i y 2c. to 12%@12%c., but sugar
prices further declined. There were repeated reduc­
tions by the different sugar refineries and at the end
of the month most of the refineries posted 6.60c. as
the wholesale price of refined sugar, while two or
three quoted 6.70c. and the Federal Sugar Co. took
business at 6.50c. This compares with 7c. per pound,
the price posted at the close of December by all the
different refineries except that the Federal Sugar
Co. at that time was still out of the market. Cuban
raw sugar declined from 3 % @ 3 % to 3 7-16@3%.
There also came announcements of reductions in the
price of milk. The Dairymen’s League Co-operative
Association, Inc., representing about 70,000 dairy
farmers, announced on Jan. 18 a voluntary reduction
in the price of fluid milk of approximately lc. a
quart. This resulted in a correspondingly lower
price to the patrons of Borden’s Farm Products Co.,
Inc., which buys its supply from the League, the lc.
reduction being passed along to the consumer. The
reduction went into immediate effect. Later in the
month the Sheffield Farms Co. also made a reduction
of lc. per quart, effective Feb. 1, this having been the
outcome of a conference between the representatives
of the Non-Pooling Milk Producers’ Association and
the Sheffield Farms Co. on Jan. 24, when the pro­
ducers offered a reduced price for milk supplied to
the company during the month of February. On Jan.
26 the Borden Co. announced a general reduction for
February of lc. per quart, reducing the price for
Grade A to 18c. and Grade B to 15c.
Grain prices, after considerable strength the
greater part of the month, weakened towards the
close of January on the diverting of the foreign de­
mand to Canada and other countries liberally sup­
plied with surplus stocks of wheat. The May option
for wheat in Chicago touched $1 22% Jan. 2 and even
Jan. 16 was quoted as high as $1 21%, but by Jan. 23
the quotation was down to $115%, and the close Jan.
31 was $116%. The July option for wheat at Chi­
cago was at its highest Jan. 17 at $114%, but sold
down to $110% Jan. 23 and closed Jan. 31 at $111%.
Drouth in Argentina stiffened corn prices about the
middle of the month. The May option for corn in
Chicago moved up from 69%c. Jan. 2 to 74%c. Jan.
17, then declined to 70%c. Jan. 23 and closed at
73%c. Jan. 31. The July option for corn in Chicago
after rising from 69%c. Jan. 2 to 7414c. Jan. 17, re­
acted to 7114 c. Jan. 23 and closed Jan. 31 at 73%c.
May oats in Chicago were 42%c. Jan. 2 and 46%c.
Jan. 16, with the price Jan. 31 44%c. July oats were
4034c. Jan. 2 and 43%c. Jan. 16, with the close Jan.
31 at 42%c.
Crude petroleum prices advanced sharply all along
the line and Pennsylvania got up to $3 55 per barrel,
against $3 at the end of December. Kerosene and
gasoline prices were also sharply advanced in most
instances. Metal prices quite generally moved up­
ward. The price of lead was repeatedly advanced.
The New York quotation was marked up from 7.25c.
per pound to 8.20c. Copper also further advanced af­
ter some weakness the early part of the month on a
falling off in the export demand. Lake copper at the
end of the month at New York was 15%c. and elec­
trolytic 14%c. against 14% and 14%c., respectively,
at the end of December.

F eb., 1923.]

Stock dividend announcements during January
were much less numerous. The Acme Cement Plas­
ter Co. declared a 100% div., payable in stock; the
American Laundry Co. paid a stock div. of 50%;
Beatrice Creamery Co., 75% ; Brown, Durrell Co.,
300%; Gilbert & Barker Mfg. Co., 150%; Honolulu
Consolidated Oil Co., 200%; Onomea Sugar Co.,
25% ; Union Cotton Mfg. Co., 50%; Arco Co., 50%;
Wm. C. Atwater & Co., 1,300% ; Consolidated Water
Power & Paper Co., 300% Durfee Mills, 200%;
Standard Rice Co., Inc., 200%; Endicott-Johnson
Corp,. 20% ; Kroehler Mfg. Co., 1,900%; Pittsburgh
Plate Glass Co., 30% ; Pennsylvania Coal & Coke
Corp., 40% ; S. S. Kresge, 33%%. Among the divi­
dend changes announced during the month were the
following: Bangor Ry. & Elec. Co. increased its
quar. div. from % of 1% to 1%. Toledo St. Louis &
Western RR. declared an initial div. of 4% on its
com. stock and resumed payment of divs. on the pref.
shares. Cluett, Peabody & Co., Inc., resumed divs. on
com. The quar. div. on Congoleum Co., Inc., com.
was raised from $1 to $2 per share. Thos. J. Corco­
ran Lamp Co. of Ohio paid a 20% cash div. Mon­
treal Lt., Ht. & Power Consolidated increased its
quar. div. from 1% to 1% % . The quar. div. on Eure­
ka Pipe Line Co. was raised from 2% to 3%. Ala­
bama Trac., Lt. & Pow. Co. announced a plan to pay
off back divs. on the preference stock. A special div.
of 2% % was paid on Columbus Ry. Power & Light
Co. com. An initial div. of 25c. per share was de­
clared by the Canadian Industrial Alcohol Co. The
Fair Dept. Store declared an initial quar. div. of
1% % on pref. Ohio Fuel Oil Co. resumed divs. In­
itial divs. of 3% each were declared on Eastern Mass.
St. Ry. 6% Sink. Fund stock and 1st pref. stock, ser.
“ A,” while an initial div. of 6% was declared on the
pref. stock, ser. “ B.” American District Telegraph
Co. raised its quar. div. from 1% % to 1% % . An in­
itial div. of $1 per share was declared on Dominion
Stores, Ltd., com. Faber, Coe & Gregg, Inc., declared
an initial quar. div. on the 7% pref. stock. Republic
Iron & Steel Co. resumed quar. divs. on pref. Quar.
div. on Bigelow-Hartford Carpet Co. was raised from
$1 50 to $2 per share. Hamilton Mfg. Co. resumed
divs. Hayes Mfg. Co. resumed on its 8% pref. stock.
Butte Copper Co. resumed divs. V. Vivaudou, Inc.,
also resumed divs. S. S. Kresge raised the quar. div.
on com. from 1% to 2% per share. On the other
hand, Amoskeag Mfg. Co. reduced the quar. div. on
com. from $1 50 to 75c. per share. The quar. div. on
Buckeye Pipe Line stock was cut from 4% to 3% % .
The stock market during January was a tame af­
fair, with the volume of business small and no defi­
nite trend to the course of prices except that the rail­
road shares manifested considerable strength the
latter part of the month on the favorable returns of
earnings then coming to hand for the month of De­
cember. These returns appeared to show that these
rail carriers had at length succeeded in gaining con­
trol once more of their expense accounts, and were
recovering from the effects of the shopmen’s strike,
which had played such havoc with their affairs, as
evidenced by the very poor returns for September and
October and also in some instances for November.
The low priced shares benefited most in the rise in
the railroad stocks the latter part of the month and
Southern Railway common was particularly promi­
nent in that respect, rising from 24% Jan. 6 to 30%
Jan. 24, with the close Jan. 31 29. The early part of
the month the whole market experienced a downward
reaction on the unfortunate developments in Europe,
but the influence of that circumstance soon passed
away and the rest of the month the market prac­
tically ignored the developments in Europe in pres­
ence of the furthe1 expansion of trade activities in
*
the United States. Professional operators were in
control of the market throughout the month, with
little evidence of outside support, and these profes­
sional traders had things pretty much their own way.




13

MONTHLY REVIEW

They moved special stocks up or they moved them
down, as circumstances seemed to warrant— which
will account for the irregularity in the fluctuations
as between different days and different stocks. Un­
der the influence of such manipulation there are a
good many stocks that show a substantial advance
for the month, but there are also others that record
a substantial loss. Among these latter Fisher Body
Corporation stands conspicuous, the price having
dropped from 212% Jan. 11 to 156% Jan. 31 under
the influence of the company’s new financing. New
financing of one kind or another of important con­
cerns was a conspicuous feature of the month and
influenced the course of the shares of the properties
concerned either up or down. For instance, the Ana­
conda Copper Mining Co., as already noted, offered
for public subscription $100,000,000 first consoli­
dated series sinking funds 6s A and $50,000,000 15-yr.
7% convertible debentures as part of a scheme for the
purchase of 2,200,000 shares of the stock of the Chile
Copper Co., and the first effect of this huge financing
was to cause a drop in Anaconda shares, to be fol­
lowed, however, by quick recovery. The stocks sold
at 50% Jan. 3, and after touching 45% Jan. 18,
closed Jan. 31 at 47%. Consolidated Gas was also
conspicuous in the month’s trading, but with the
trend of prices strongly upward. Some of the de­
partment store stocks were distinguished in the same
way, particularly the shares of R. H. Macy & Co.,
the latter selling at 71% Jan. 20 against 61% Jan. 8,
with the close Jan. 31 at 67. Some of the motor
stocks were weak at times, but Nash Motors jumped
from 75% Jan. 2 to 114% Jan. 12, with the close Jan.
31 100%. The rubber stocks showed strength on the
advance in the price of rubber and the tire stocks
kept them company. Hudson Motor moved up from
25% Jan. 10 to 29% Jan. 26, with the close Jan. 31
28%. Brooklyn Rapid Transit was weak on the pub­
lication of outlines of a plan for a reorganization of
the company which would involve a heavy assessment
on the stock, or at least compulsory subscription to
some new security issues to put the company on its
feet. The bond market was fractionally lower, with
the French Government loans decidedly weak on the
happenings abroad.
VOLUM E OF BUSINESS ON TH E STOCK E X C H A N G E .

Month oflJanuary—

1923.
1922.
1921.
1920.
Stock sales—
No. of shares-------19,913,827
16,472,377
16,144,876
19,880,166
Par value...............$1,771,208,000 $1,494,639,000 $1,327,513,750 $1,781,060,200
Bond sales (par value)—
R R. & mlsc. bonds
90,582,450
47,351,300
97,625,500
52,930,000
U . S. Govt, bonds.
52,966,400
66,661,900
179,714,600
292,435,600
State, municipal &
foreign b o n d s...
133,897,000
10,610,000
22,282,500
25,769,000
Total bond sales..

$277,445,850

$124,723,200

$299,622,600

$371,134,600

There were no special features to the money mar­
ket during January. New loans in great profusion
were brought out during the month to take advantage
of the large reinvestment demand customary after
the distribution of the enormous 1st of January in­
terest and dividend payments. This required consid­
erable financing from the banks, and at the same
time there was little disposition on the part of the
Clearing House institutions to have recourse to bor­
rowing at the Federal Reserve Bank, but rather to
rely upon their own resources. These Clearing House
banks, in their statement for Jan. 6, showed a large
deficiency below the required reserve, but this was
speedily corrected under the return flow of funds
into the banks on the distribution of the 1st of Janu­
ary payments. Call money was quoted at 5@ 5% % on
Jan. 2, the first day of business on the Stock Ex­
change, and occasionally touched as high as 5% on
other days of the month. The low figure was 3% %
and the range Jan. 31 4 % @ 5 % . The renewal rate
was 5% Jan. 2; 5 Jan. 3; 4 Jan. 4; 3% Jan. 5; 4%
Jan. 8; 4% Jan. 9 and 10; 4% thereafter up to and
including Jan. 23; 4% Jan. 24 and Jan. 25; 4% Jan.
26; 4% % Jan. 29; 4% Jan. 30 and 4% % Jan. 31.
These were the rates alike on the ordinary mixed col­

14

[Von. 116.

MONTHLY REVIEW

lateral and on exclusively industrial securities. Rates
in the time loan branch of the market eased off a
trifle after the first week of the month. At the close
quotations were 4 % @ 4 % % for loans for all periods
from 60 days to six months. This compared with
4^>@5%, the rate at the opening of the month. These
quotations relate to loans on the ordinary mixed col­
lateral. Where all industrial securities were offered
the quotation was usually % °f 1% higher. For
commercial paper the rates throughout the month
were 4 % @ 4 % % for 60 and 90 days endorsed bills
receivable and 6 months names of choice character,
with 4 % @ 5% the rate for names less well known.
RATES FOR MONEY AT NEW YORK, W EEKLY.
Jan. 5. Jan. 12 Jan. 19

Week ending—
Call Loans on Stock Exchange—

Range for week
Week's average
Range for week
Week's average

(mixed collateral)_ •
_ ___ -3H-5H
(mixed collateral)____ . .
4H
(all Industrial collateral)-- -3H-5 H
(all-industrial collateral)__
4H
Time Loans (Mixed Collateral)—
Sixty days______________________________ -4H-5
Ninety days____________________________ .4)4-5
Four months____________________________ -4H-5
Five months____________________________ -4H-5
Six months__ __ __ __ _ _
__________ -4 H 5
Time Loans (Alt-Industrial Collateral)—
Sixty days_________________________ _____
Ninety days__________ __________________ .454-5 V
x
Four months._____ ______ _______________ - 4 K - 5 X
Five months________________ ___________ .454-5K
Six months_________ ___________________ .454-5 V
4
Double names— Choice 60 to 90 d a y s .......... -4H-4J4
Single names— Prime 4 to 6 months............. .4 14-454
— Good 4 to 6 months________ .454-5

Jan. 26

3H-5
4)4
3)4-5
4,14

3)4-4
4
3)4-4
4

4
4

-5
4)4
-5
4)4

4H-454
4)4-454
4)4-454
4)4-454
4)4-454

4)4-454
4)4-454
4)4-454
4)4-454
4)4-454

4)4-454
4)4-454
4)4-454
4)4-454
4)4-454

454-5
454-5
4 54-5
454-5
454-5
4)4-454
4)4-454
454-5

454-5
454-5
454-5
454-5
454-5
4)4-454
4)4-454
454-5

454-5
454-5
454-5
454-5
454-5
4)4 454
4'4-4 54
454-5

In the foreign exchange market the momentous
happenings in Europe were reflected in the further
collapse of the German reichsmark and in sharp de­
clines in French and Belgian francs. Rates for ster­
ling bills on London, however, were comparatively
little affected until the latter part of the month. As
a matter of fact the course of sterling rates was up­
ward during the first half of the month in the face
of the events noted, illustrating the strength of the

British financial position. The Bank of Germany on
Jan. 18 marked up its official discount rate from
10% to 12% and the Bank of Belgium on Jan. 22 ad­
vanced from 4 14 % to 5%. The Indian banks also
advanced their rates on the active trade demand in
India. The German mark dropped from the fraction
of a cent expressed by the decimal .0142 to .0020y 2
Jan. 30, with the quotation Jan. 31 .0022@.0027. In
Berlin the mark dropped to 50,000 to the dollar. The
Bank of Germany kept putting out notes in prodi­
gious amounts and, of course, the greater the depre­
ciation the greater the amount of notes required. In
the week of Jan. 6 the addition to note circulation
was 56,405,694,000 marks, in the week to Jan. 15 101,279,256,000 and in the week to Jan. 23 216,794,815,000 marks. Bankers’ sight bills on London advanced
from 4.63%c. Jan. 2 to 4.08%c. Jan. 12 and then
eased off some, touching 4.6314 Jan. 18 and after some
recovery dropping to 4.62% Jan. 29; the range Jan.
31 was 4.63%@4.65. It cannot be said that there was
any sudden violent break in the franc, but the quo­
tation throughout the month tended strongly and
steadily downward. On Jan. 2 bankers’ checks on
Paris were still quoted at 7.45c. per franc. On Jan.
31 the franc was down to 5.76%c. The Belgian franc
on checks fell from 7.85c. Jan. 2 to 5.08%c. Jan. 31.
The Italian lire held up better and yet also moved
downward. As against 5.23 Jan. 2 sight bills on
Rome got down to 4.67 Jan. 31. On the former neu­
tral centres, the course of rates was also downward,
though on some of these centres rates were fairly well
maintained, and even slightly advanced in special in­
stances. Particularly is this true of lates on Amster­
dam. The quotation for Dutch guilders as repre­
sented by sight bills on Jan. 2 was 39.34@39.43, and

R A T E S OP E X C H A N G E O N C O N T IN E N T A L C E N T R E S .
N O TE.— Method of quoting French. Swiss and Belgian francs and Italian lire changed on Dec. 1 1920 to show the value o f all these different units in cents
per un it. The previous method of quoting was to give the number of francs or lire to the dollar.
Paris.
Francs

fan.

Bankers’
Checks
Cables

11

--

2..
3 ..
4 ..
3 ..
8 ..
7 ..
8. .
9 ..
10. .
11. .
12. .
1 3 ..
1 4 ..
1 5 ..
1 8 ..
1 7 ..
1 8 ..
1 9 ..
20. .
21. .
22
2 3 ..
2 4 ..
2 5 ..
2 8 ..
27 .
28
2 9 ..
3 0 ..
3 1 --

Swiss
Francs
Commercial
Sight

Amsterdam
Guilders
Bankers’
Cables
Sight

Bankers'
Sight

H OLIDAY
HOLI
7.38 54a.46
7.35)4a.43
18.90 540.94 54
7.27)40.30
7.18540.27
18.91al8.98
7.03 a .18
7.00 a.15
18.93
6.91 a .11
6.88 a.08
18.89ol8.94
6.89 a.03 54 6.86 a.00 54
18.92
SU N D A Y
SUN
6 .tn? a.81
6.63 a.82
6.60 a.79
18.88a18.90
6.68 a.8 1 54 6.69 a.82 54 6.66 0.79 54
18.90
6.81 a.95 54 6.82 a .96 54 6.79 a.93 54
18.92
8.83 a.94
6.84 a.95
8.81 a.92
18.93
6.97 a.07 54 6.98 a.08 54 6.95 a.05 54
18.89
6.91 a. 97
6.02 a.98
6.89 a.95
18.86a 18.88
SU N D A Y
SUN
6.71 a.93
6.72 a.94
6.69 a.9t
18.82
6.74 54a.83
6.7554a.84
6.72 Ha.8 l
18.79
6.62 54a.70
6.63)40.71
6 .6 0 )40.68
18.64ol8.75
6.53 a.67
6.54 a .68
18.55018.60
6.51 a.65
6.62 54a.69
6.63 54a.70
6.60)40.67
I8.58al8.68
6.47 a .56
6.48 a .57
6.45 a.54
18.6754ol8.69
SUNDAY
SUN
6.31 a.42 *4 6.32 a .43 54 6.29 a.4154
18.62
6.46 a .52
6.47 a .53
6.44 a .50
18.63al8.65
6.40 54a.46 54 6.4154a.4754 6.38540.4454 18.63o18.65
6.44)4a.51
8 .45 54a.52
6.42 540.49
18.64al8.69
6.34 a.42
6.35 a.43
6.32 a.40
18.64al8.67
6.27 a.30 54 6.28 a.31 54 6.25 a. 28)4
18.66
SUNDAY
SUN
6.1054a.20
6 .1154<t.21
6.08540.18
18.61al8.64
6.00 a .17)4 6.ri54a.l8)4 5.98)40.15)4
18.65
5.76 54a.99
5.77 '4 a6 .00 5.74 a.97
18.65al8.66
7.37 )4a.45
7.20)4a.29
7.02 a. 17
8.90 a .10
6.88 a.02)4

Antwerp
Francs

Cables
DAY
18.92 540.96 54
18.93o 19.00
18.95
18.9Iol8.96
18.94
D AY
18.90al8.92
18.92
18.94
18 95
18.91
18.88al8.91
D AY
18.84
18.81
18.66al8.77
18.57ol8.62
18.60al8.70
18.69)4al8.71
DAY
18.64
18.65ol8.67
18.65al8.67
18.65ol8.70
18.65al8.68
18.67
D AY
18.62al8.65
18.66
I8.66al8.67

HOLI
39.34039.43
39.40o39.5l
39.520.39.61
39.51o39.66
39.55
SUN
39.54Ha.61
39.5lo39.56
39.51o39.59
39,61o39.68
39.56a39.61
39.52a.39.54
SUN
39.5.3
39.51039.56
39,46a39.49
39.38039.46
39.490.39.53
39.46a39.53
SUN
39.43a39.46
39.46
39.42a39.46
39.41 a.39.44
39.38a39.44
39.37
SUN
39.33a39.36
39,29a.36H
39.27o39.31

Bankers'
Checks

Greek
N o w q u o t e d In
Cents per Drachma

Italian
Lire
Bankers'

Bankers’
Checks
Cables

Cables

DAY
HOLI
39.430.39.52 6.77)407.85
39.49o.39.50 6 .6OH06.69
39.61a39.70 6.50 00.58
39.60a39.75 6.40 06.53
.39.64
6.34 00.48 H
DAY
SUN
39.63Ho.79 6.09 00.29
39.60039.65 0.09 a6 .2 2 H
39.60039.68 6.23 aO .37 H
39.70a39.77 0.29 a6.34
39.65o39.70 0.37 00.47)4
39.61039.63 0.31 a6.37
SUN
DAY
6.09 06.31
39.62
39.600.39.65 6.14Ha6.23
39.55o39.58 6 .0 2 )4 o6.10
39.47039.55 5.93 00.07
39.58a39.62 6.02 H 06.09
.39.55039.62 5.87 05.96
DAY
SUN
39.52a39.55 5.63 a5.74H
5.77 05.81
39.55
39.51039.55 5.76Ha5.86)4
39.50a39.53 5.90 a 5.96
39.47a39.53 5.74 05.84
5.64 a5.67H
39.46
DAY
SUN
39.42o39.45 5.44)405.54
39.38a.45H 5.3CHa5.48 H
39.36039.4015.08 H a5.25

Sight

Cables

DAY
6.78)400.86
6.61 HO6.70
6.51 06.59
6.41 06.54
6.35 O0.49H
DAY
6.10 00.30
6.10 O0.23H
6.24 a6.38H
6.30 a6.35
6.38 a6.48)4
6.32 06.38
DAY
6.10 a6.32
6.15H 06.24
6.03)406.11
5.94 o6.08
6.03Ha6.10
5.88 a 5.97
DAY
5.04 05.75H
5.78 05.82
5.77H05.8754
5.91 05.97
5.75 05.85
5.65 05.68H
DAY
5.4534a5.55
5.31 Ho5.49H
5.09 h o 5.26

HOLI
5.09H o5.23
5.15 05.19H
5.07 05.14
5.03 05.09
5.035405.06
SUN
4.86 04.97 H
4.85 04.92
4.90 05.01 H
4.90 04.98H
4.95 O5.C0
4.935404.97
SUN
4.88 04.95
4.85 a4.9054
4.74 04.84
4.08 o4.77
4.77 o4.83 H
4.73 04.80
SUN
4.6954a4.73H
4.76 04.78
4.75H a4.77
4.80 04.83H
4.75H04.7954
4.76H 04.78
SUN
4.72 04.74
4.72 04.75
4.67 o4.72

DAY
5.10HO5.24
5 16 05.20H
5.08 0.5.15
5.04 05.10
5.0134 a5.C7
DAY
4.87 04.98 H
4.80 04.93
4.91 05.02 H
4.91 04.99 54
4.96 05.01
4.9434o4.98
DAY
4.89 04.90
4.86 04.9154
4.75 04.85
4.69 o4.78
4.78 o4.84H
4.74 o4.81
D AY
4.703404.74 H
4.77 04.79
4.70HO4.78
4.81 04.84H
4.76HO4.8054
4.77 5404.79
DAY
4.73 04.75
4.73 04.76
4.68 o4.73

HOLI
1.20
1.19
1.25
1.1201.18
1.11
SUN
1.10
1.13ol.l6
1.18
1.18
1.20
1.21
SUN
1.21ol.25
1.20
1.20
1.16
1.17
1.16
SUN
1.15
1.19
1.19
1.18
1.18
1.18
SUN
1.15ol.l8
1.15
1.14

DAY
1.25
1.24
1.30
1.17al.23
1.16
DAY
1.15
1.18ol.21
1.23
1.23
1.25
1.26
DAY
1.26O1.30
1.25
1.25
1.21
1.22
1.21
DAY
1.20
1.24
1.24
1.23
1.23
1.23
DAY
1.20O1.23
' 1.20
1.19

Denmark
Kroner

Sweden
Kroner

Norway
Kroner

Berlin
Reichsmarks

Vienna
Kronen

Spanish

Bankers’
Checks
Cables

Bankers’
Checks
Cables

Bankers'
Cables
Checks

Bankers'

Bankers'
Checks
Cables

Bankers’
Checks
Cables

January.

1 ..........
2 _______
3 _______
4 _______
5 .............
6 _______
7 .......... ..
8 _______
9 _______
1 0 _______
1 1 _______
1 2 _______
1 3 _______
1 4 _______
1 5 .............
1 6 _______
1 7 _______
1 8 _______
1 9 _______
2 0 _______
2 1 ---------2 2 _______
2 3 _______
2 4 _______
2 5 _______
2 6 _______
2 7 _______
2 8 _______
2 9 ..........
3 0 _______
3 1 _______

H O LID A Y
HOLI DAY
20.52a20.59 20.56a20.63
26.96
27.00
20.51a20.53 20.55a20.57 26.98026.99 27.02a27.03
20.44
20.48
26.97
26.93
20.41o20.46 20.45a20.50 26.86a26.96 26.90227.00
26.86
20.40
20.44
26.90
SUN DAY
SUN DAY
20.31o20.36 20.35a20.40 26.81a26.84 26.85a26.88
20.14020.23,20.18020.27
26.86
26.90
20.18
20.22
26.89
26.93
20.29o20.34 20.33o20.38
26.93
26.97
20.01a20.18 20.05a20.22
26.90
26.94
19.98
20.02
26.86
26.90
SUN DAY
SUN DAY
19.81ol9.94 19.85al9.98
26.86
26.90
19.71
19.75
26.88
26.92
19.66
19.70
28.86
26.90
19.66
26.85
19.70
26.81
19.22al9.41 19.26ol9.45
26.86
26.90
19.29
19.33
26.84
26.88
SUN DAY
SUN DAY
18.67al9.01 18.71al9.05 26.81026.85 26.85a26.89
19.26al9.48 19.30ol9.52
26.82
26.86
19.54019.58 19.58al9.62 26.79o26.81 26.83o26.85
19.53
19.57
26.76
26.80
19.57al9.63 19.61al9.67 26.67a26.71 26.71a27.75
19.42
19.46
26.66
26.70
SUN DAY
SUN DAY
18.87al9.08 18.91al9.12
26.65
26.61
18.9Sal9.08 19.G3al9.12
26.68
26.72
19.08ol9.14 19.12al9.18
26.70
26.74




HOLI
18.66a.91H
18.84019.12
18.86al8.98
18.86al8.88
18.86
SUN
18.68ol8.86
18.61
18.61
18.61
18.68
28.64
SUN
18.46al8.66
18.48al8.60
18.46
18.38al8.59
18.49ol8.66
18.66
SUN
18.57al8.66
18.51018.71
18.56ol8.61
18.58
18.71al8.78
18.74
SUN
18.46
18.57
18.56

DAY
18.700.95H
18.88al9.16
18.90tl9.02
18.90318.92
18.90
DAY
18.72al8.90
18.65
18.65
18.65
18.72
18.68
DAY
18.50al8.70
18.52al8-64
18.50
18.42al8.63
18.53018.70
18.70
DAY
18.61al8.70
18.55al8.75
18.60ol8.65
18.62
18.75al8.82
18.78
DAY
18.50
18.61
18.60

Checks

Cables

HOLI
.0137HO.0142
.0133 a.0136
.0122 Ha.0124
.01150.0120
.01140.0120
SUN
.0099a.0106
,0091a.0103
.0092a.0099
.0094O.0098
.00960.0098
•0092HO.0096H
SUN
.0071a.0084
■0059a.0066
■0048O.0056
.0043a.0052
.0049O.0063
•
0048O.0054
SUN
■
0045O.0049
.0049O.0052
•0047a.0050
.0048
.0042a.0045
.0035O.0038
SUN
•0025HO.0031
.0020 H o.0025
.0022 a.0027

DAY
.0137HO.0142
.0133 a.0136
.0122HO.0124
.01150.0120
.01140.0120
DAY
.0099a.0106
.0091a.0103
.0092O.0099
.00943.0098
.00960.0098
•0092HO.0096H
DAY
.0071a.0084
,0059a .0066
.0048a.0056
•0043a.0052
,0049a .0063
.0048O.0054
DAY
.0045a.0049
,0049a.0052
.0047a.0050
.0048
,0042a .0045
.0035O.0038
DAY
•0025HO.0031
.0020HO.0025
.0022 a.0027

HOLI
.0014
•0014H
•0014H
■0014H
•0014H
SUN
.0014
•0014H
■
0014H
•
0014H
•0014H
.0014H
SUN
•
0014H
■0014H
•
0014H
•0014H
.0014H
•0014H
SUN
.0014H
■0014H
.0014H
.0014
•
00i4
.0014
SUN
.0014
.0014
.0014

DAY
.0014
.0014H
.0014H
•00145i
.0014H
DAY
.0014
•
0014H
.0014 H
.0014H
■
0014H
.0014H
DAY
•0014H
.0014H
■
0014H
•0014H
.0014H
•0014H
DAY
.0014H
.0014H
.0014H
.0014
.0014
.0004
DAY
.0014
.0014
.0014

Pesetas

HOLI DAY
15.67ol5.72 15.71al5.76
15.73015.75 15.74al5.76
15.71
15.72
15.69al5.72 15.70al5.73
15.72
15.73
SUN DAY
15.68ol5.71 15.69ol5.72
15.69
15.70
15.67
15.72
15.74ol5.75 15.75ol5.76
15.72
15.73
15.71
15.72
SUN DAY
15.68al5.69 15.69al5.70
15.59
15.60
15.57
15.58
15.52al5.54 15.53015.55
15.57
15.58
15.61al5.63 15.62al5.64
SUN DAY
15.58al5.63 15.59al5.64
15.63
15.64
15.64al5.69 15.65al5.70
15.69al5.82 15.70al5.83
15.67al5.72 15.68al5.73
15.58
15.59
SUN DAY
15.51al5.54 15.52al5.55
15.54
15.53
15.52al5.53 15.53al5.54

15

MONTHLY REVIEW

F eb., 1923.]

the quotation at one time was 39.68. The rate Jan. reference has already been made, the Bank of India
31 was 39.27@39.31c. Swiss francs moved down having moved up its rate to 8%.
from 18.98 Jan. 3 to 18.55 Jan. 18, with the rate Jan.
CO ^ ^ -«4
<
CO — © ©
©
© © * Tf4© ©
4
r f © *4 }4 rf4CO C © ■.
M
*
31 18.65@18.G6c. In the case of the Scandinavian
Q£ CO CC © CO CO COCO CO CO 'O CO CO CO COCO CO CO CO COCO CO C© CO CO COCO
£-2
centres the Danish crown fell from 20.59 Jan. 2 to
4©
O O C M * "NC
O
-< M
OJ CO CO CO CO
CO CO Tt< CO CO CO
CO O CO CO co
cccccocococo
18.67 Jan. 22, with the rate Jan. 31 19.08@19.14c.
The Swedish crown declined from 26.99 Jan. 3 to
TfC O C M C M ^ T fC
COCOCOCMCM-H o —4CM
CM % OJ 01 CM
Tf
26.61 Jan. 29, with the rate Jan. 31 26.70c. The Nor­
co co co cc co co co co co >o co CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO
(§ )© :(§ ® @ (§>
)(§ (§ ) (§)@ ®
wegian crown, after touching 19.12 Jan. 3 for checks,
xxxx> XXXXXX C O M — O O M CO CMCO CM CM — *O © — <O
C —■ y
M — —
—« Cl C Tf ^ T I
M
+
fell to 18.38 Jan. 18, but Jan. 31 was 18.56c.
co CO CO CC CO CO cc cc CO CO CO
-t4-t4-r • ^ T •<«<T«
4
*
f %* t
«
Kates on South America fluctuated erratically, as
«< r- — — — —
.C M C O ^ ’ t C O ’A '+ C O —-CMCOCO'ACMCOOMCM — O
05 O —<
is usually the case, with no unison in the movements
^ CO CO CO CO CO ^ © © © © © © ^ © © © © © © ■ * 5- © © © © © © ' ^ . © © ©
on the different points. The rate on Bolivia moved
C o — O C ' O ' - ’ O^-CMCOCOCO-^CMCM — C T ^ C M ;-?—'CM — — C C J ^ X C T i O
up from 25% to 31%, on Ecuador from 22.00 to 27.00.
J£ © © © © © G 0 © © © © © © G 0 © © © © © © G G © © © © © © G 0 © © ©
^ ^ ^^
rt4rf4-tf rf4-ef rf4
TTT
f t ft
<
•f
v
t
on Venezuela from 18% to 19%, but the Chilean peso
dropped from 13% to 12%, the Uruguayan peso
— CM CM CM CM — CM CO ^ X
r f CO CM CM CO CO
CM “O CM CM CM
O — CM
CO CO © CO CO C O C D CO CO 'flC O
co © © co © ©
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© © ©
from 86% to 82%, the rate on Colombia from 97% to
*
is r-H CM ^t4Tf4T* S E —X O* CMCO CM CM CM CM — O £ £ £
;
96, the rate on Brazil from 11.95 to 11.35, with a re­
CO CM
© O O
© © © © © ©
© © © © ©
rr
^ rft
covery to 11.50, and the rate on Argentina from 37.90
"T ^ ^
^t4 ^
JESS;*** eo-^^
**
to 37. Rates on the Far East were under the influ­
£© Tf Tf Tf »o©r^t>
© © © © S rt4
T
f
© © © © ©
© © © © © CO © © © © CO © © © © © © © © © © ^ © CO © CO
ence of the rise in the price of silver. The rate on
&
*
Bombay moved up from 31% @31% to 32%@33. The
©
r ©
eo^Tfco^ © © © t©^ ©^© © © ''t4 CO © © r j 4© © © CC CO PMCOCO
©©©©©©
tael on Shanghai rose from 71%@72 Jan. 2 to 73%
^ t4T ^ r* ri4
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4
rr rf ^ ^
@74 Jan. 24 and was 73@73% Jan. 31. Rates on
2 © ©*J©!;S © © © © © T*4 CO -^ ©
fcF © S©
X
© © © © ©
t*.
■4© r-oo oo
<
*
© © © © © ©
© © ©
© © © © © © © © © o © © © © © ©©
gold points like Yokohama were not changed much.
It was claimed that the resumption of offerings of
X
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CMCOCO
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rupee bills for tender in London was designed largely
Tf T*
t
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T t t fl4f^ 4^
T rt4^ ^ T T T«Tf T
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f fi t j4
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for maintaining rates on India. An outgrowth of the
< r© © © © > ^ ©©i>-»r^r i^ © © © © © ,A © © © © © ’^ ,ACO'^©
-T
V<
l4
rise in these rates was the beginning of shipments of
^’© © © © © < © © © © O © < © © © © © © < © © ® © © © ^ © © ©
gold from New York and London to Bombay. The
^xxx xgxxxxx gxxxxxxgxxxx^xgxxx
Cc0^t,T rf4^ P ^ '4
t‘
t©t^|>.|^5©©-M, ©©©sf©© ©©Tt4c0^(,M
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weekly offering of rupee bills in London was in­
^ ^ ^ ^ rt4 ^ T T T
t4
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creased on Jan. 23 from 50 lacs to 75 lacs, but the
CM CO CM CM CM CM eO ^ © © ©
©
CO CO ^ ^
CO
CO CO CM CM
*-4 CM CM
applications aggregated 308 lacs. Trade balances
© ©© ©© ©©©©©© ©©©©©© ©©©©©© © © ©
are in favor of India, and the country is enjoying
' CM CM —4CM CM CM CO © © ^
^ CO CM — CO ©
C O CO C O C O O l^
great prosperity. The scarcity of money and the ac­
© © © © © © © ©© ©© © © ©© ©© © © ©© ©© ©©©
Tf r 4T ^
J f 4
^ T ^ rt4
t4 t4
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tivity of trade are reflected in the advance of the dis­
*-4C C ’4
M 0 t©©t>^0005©^CMC0^4©©t^X05O'-'CMe0,r4©©0i«005O’H
t
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count rates of the leading Indian banks, to which
— CMCMCMCMCMCMCMCMCMCMWW
^ a
t

t

t

th

n

R A T E S OF E X C H A N G E O N O T H E R C E N T R E S .
Jan.

Canada

Dollari

Caechoslovakia

Kronen

Check*

Bucha­
rest

Leu

H un.
ftary

Polish

Marks

4- —

5- —

6- —

7- —
8—

9_ —
10—
11 — .
12—

13—
1 4 -1 5 -.1 6 ---

17--1 8 ---

1 9 --.
2 0 - .2 1 --2 2 ---

23—
2 4 --.
25--_
2 6 --2 7 ..-

2 8 -.2 9 --3 0 --3 1 - .-

B u l­
garia

Finnish

Checks

Checks

Checks

Checks

Checks

.57
.60
.59
.58 X
.58

.0054
.0055
.0056
.0055
.0054

.0 0 4 X
.0 0 4 X
.0 0 4 X
.0 0 4 X
.0 0 4

Peso

2.81
2 .7 5 'i2 .8 0
2 .8 3 'i2 ,8 6
2 .8 9
2 .8 7
2 .8 7

.58
.53
.54
.54
.5 4 X
.55 X

.0055
.0053
.0053
.0051
.0048
.0048

.004
.0 0 4
.004
.0 0 3 X
.003 X
.004

1.0 7
1.07
1.0 7
1 .0 6 X
1.05
1 .0 4

.55 X
.5 5 X
.54 X
.54
.52 X
.53

.0 0 4 6 X
.0041
.0037
.0033
.0031
.0036

.003 X
.0 0 3 X
.004
.0 0 4
.004
.004

.53
.52
.51
.49
.48
.4 5

.0035
.0035
.0034
.0034
.0033
.0032

.0 0 4
.0 0 4
.0 0 4
.003 X
.004
.0 0 4

.0030
.0030
.0027

.003 X
.003 X
.003 X

.88

Checks

Cables

37 X
3 7 .9 0
3 7 .8 5
3 7 .6 2
3 7 .6 2

38
3 7 .9 5
3 7 .9 0
3 7 .6 7
3 7 .6 7

1 1 .9 5
1 1 .65
11.65
1 1 .60
1 1 .6 0

1 2 .00
11.70
1 1 .70
1 ' .65
1 1 .65

2 .4 8
2 .4 8
2 .4 8
2 .4 8
2 .4 8
2 .5 0

3 7 .6 2
37X
37X
3 7 .8 5
3 7 .8 0
3 7 .8 0

3 7 .6 7
37X
37X
3 7 .9 5
3 7 .9 0
3 7 .9 0

11 .6 0
11 .3 5
11.45
11.55
11.45
1 1 .45

11.65
11.40
11.50
11.60
11.50
11.50

.70
.70
.70
.70
.65
.65

.70
.78
.85
1.0 0
.93

Cables

2 .4 9
2 .4 9
2 .5 5
2 .5 0
2 .4 8

.70
.70

1.01
1.02
• 9X
9
.93
.80
.70

Checks

.67
.67
.70
.70
.70

Bolivia
Boliviano

.27

2 .4 8
2 .4 6
2 .4 9
2 .5 0
2 .4 8
2 .4 8

3 7 .7 0
37 X
37 X
37
37
37

3 7 .8 0
37 X
37 X
37 X
37 X
37X

11.50
11.50
11.45
11.45
11.45
11.45

11.55
11.55
11.50
11.50
11.50
11.50

2 .4 8
2 .5 0
2 .5 0
2 .5 0
2 .5 0
2 .4 8

37 X
37 X
37 X
37 X
37 X
37 X

37 X
37 X
37 X
37X
37 X
37 X

11.45
11 .4 5
11.45
11 .4 5
11 .5 5
11.55

11.50
11.50
11.50
11.50
11.65
11.65

2 .4 4
2 .4 7 2 .5 0
2 .5 0

37
37
37

37 X
37 X
37 X

11.45
11.45
1 1 .50

11.50
11.50
11.55

Shang­
hai
Tael

Yoko
hama
Yen

SU N DAY

.68
SU N D A Y

8U N D A Y
2.7 7
2 .7 9
2 .8 2
2.81
2 .8 3
2 .8 9

2.88
2 .9 0
2 86 2 86 'A

36a 42
.38
.38

Colom­
bia
Ecuad or Uruguay
Peso
Dollars
Sucre

Vene­
zuela
Bolivar

* Chile
Peso

.86

.63

.68
.68

.85

...

Portu­

Checks

Checks

Checks

Checks

Checks

25X
25X
25X
25 X
25X

97X
97 X
97 X
97 X
97 X

22.00
22.00
22.00
22.00
22.00

86
86 X
86 X
86 X
86 X

18X
18X
18 X
18X
18X

13X
1 .80
13.10
13.10
13.10

4.19
4.19
4.19
4.19
4.19

25X
25X
25X
25X
25 X
25X

97 X
97 X
97 X
97 X
97 X
97 X

22.00
22.00
22.00
22.00
22.00
22.00

86 X
85 X
85 X
85 X
85 X
85X

18X
18X
18 X
18X
18X
18X

13.10
13.25
13.25
13.25
13X
13 X

4.19
4.19
4.19
4.19
4.19
4.19

25X
31X
31X
31X
31X
31X

97 X
96
96
96
96
96

?2.00
27.00
27.00
27.00
27.00
27.00

85 X
85X
85 X
85
85
85

18 X
19X
19X
19X
19X
19 X

13
13X
13X
13X
)3 X
13 X

4.19
4.19
4.19
4.19
4.15
4.15

31X
31X
31X
31X
31X
31X

96
96
96
96
96
96

27.00
27.00
27.00
27.00
27.00
27.00

85
84 X
84X
84X
84 X
84 X

19 X
19 X
19 X
19X
19X
19X

13X
13
13
13
13
13

4.15
4.15
4.15
4.15
4.15
4.15

31X
31X
31X

96
96
96

27.00
27.00
27.00

83 X
82 X
82 X

19X
19X
19X

12 X
12 X
12 X

4.15
4.15
4.15




.68
SU N D A Y

.86

zPeru
Libra

MUreiS

.62
.70
.6 0

1.08
1.09
1.0 8
1.0 8
1 .0 8

2 .8 5
2 .7 8
2.77/12.80
2 .7 8
2 .8 2
2 .8 0

Brazil

Argentina

Markka

.65
.70
.70
.70
.70

Checks

3 .1 0
3 .0 7
3 .0 0
2 .9 3
2 .8 9

1H %

Checks

1_ —
2 .—
3- —

Y u go­
slavia

H OLIDAY

d lse.
% % d is c .
d is c .
5 ..
H % d isc.
6 — 7 - 1 6 % d is c .
7 ..
H % d isc.
8 ..
9 ..
H % d is c .
% % d is c .
1 0 ..
1 1 ..
H % d is c .
1 2 ..
H % d isc.
13—
H % d is c .
1 4 ..
15—
H % d is c .
H % d isc.
1617— 3 1 -3 2 % dlse.
d is c .
18— 1 %
1 9 — 1 -3 2 % d isc.
d is c .
2 0 — 10 %
21—
2 2 — 1 5 -1 6 % d isc.
2 3 — 1 5 -1 6 % d isc.
d is c .
24— 1%
d isc.
2 5 .. 1%
d isc.
26— 1%
d isc.
27— 1%
2 8 ..
2 9 . . 1 1 -1 6 % d isc.
3 0 - 1 1 -1 6 % d isc.
3 1 — 1 1 -8 % d isc.

Jan.

Checks

Checks

l ..
2 ..
3 -.
4 ..

Serbia

gal

Hong
Kong
Tael

Turkey

Escuda
Checks

HOLI
4.85
4.75
4.70
4.85
4.90
SUN
4.75
4.65
4.75
4.80
4.75
4.75
SUN
4.83
4.85
4.75
4.55
4.55
4.60
SUN
4.62
4.61
4.63
4.59
4.57
4.59
SUN
4.56
4.49
4.^1

DAY

DAY

DAY
__

DA Y

DAY

Manila
Peso

Singa­
pore
Dollars

Checks

Checks

Checks

Checks

Checks

71 X<272
71Xa72
71X<i72
72X072X
72Xa72X

48X<249X
48X<249X
48X<249 X
48X 049X
48X<249X

50 a50X
50 <250X
50Xa50X
50X <250X
50Xa50X

54Ha54^
54X<254 X
54Xa55
54Xa55
54 X <255

Checks

53 a53X
53 a53X
53Xa53X
53Xa54
53Xa54

31X<z31 X
31Xa31X
31Xa31X
31X <231X
31X<i31X

39X<z39X
39Xa39X
39X<239X
39Xa39X
39X<*39X

53 X <254
53Xa53X
53Xa53X
53 X <253X
53 X <253X
53Xa53X

72X<J72X
72X<273
72Xa73
i72 X <273
72 X <273
7-Xa73

48X a49X
48X a49X
48X a49X
48X a49X
48Xa49X
48X a49X

50Xa50X
50Xa50X
50X<z50X
50Xa50X
50 X <250X
50X<z50X

54Xa55
54X <255
54 X <i55
54 X <»55
54 X <255
54 X a55

31Xa31X 39Xa39X
31Xa31X 39Xa39X
31X031X 39Xa39X
31Xa31X 39Xa39X
31Xa31X 39Xa39X
31Xa31X|39X<i39X

54
54
54
54
54
54

73 a73X 48X a49X
73 <273X 48Xa49X
73Xa73Xl48X<249X
73X<273 X 48X<249X
73X<273X 48Xa49X
73Xa73X 48Xa49X

50X<250Xl54X<z55
50X<250X |54X<i 55
50X<250X S54X<*55
50Xa50Xl54Xa55
50 X <i50X 54 X <255
50X<250Xl54X<i55

31X a31X '39X a39X
31Xa31X 39Xa39X
31Xa32
39Xa39X
31Xa32
39X<239X
31X<»32 39Xa39X
31Xa32
39Xa39X

48X a49X
48X<249X
48Xa49X
48Xa49X
48X a49X
48Xa49X

50Xa5QX'54X<i55
50Xa50X 54 X a55
50Xa50X 54Xa55
50X<i50X 54 X <255
50Xa50X 54X<i55
50X<J50X 54 X <*55

32Xa32X
32X o32X
32Xa32X
32 X <233
32Xa33
32 X <233

39
39
39
39
39
39

32 X <233
32 X <233
39 X <<33

39 a39X
39 <239X
38Xa39X

a54X
a54X
<254X
a54X
<254X
a54X

53 X <254
53Xa54
53 X <254
54X<254X
53X<254
53Xa54

73Xa73X
73Xa73X
73Xa74
73 X <274
73Xa73X
73Xa73X

53Xa54
53Xa54
53 X <254

73
73
73

a73X 48Xa48X 49 X <250

<273X 48 X <248V» 49X<*50
<273 X 48X< j4 8 X 49 X <250

Checks

ZBombay
Java
Rupees
Guilders

54X<i55
54 X <255

<239X
<239X
a39X
a39X
a39X
a39X

16

N ew York Stock Exchange
M ONTHLY AND Y EA RLY RECORD

The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and
the year 1922 to date. They need no extended introduction, as they are self-explanatory. The tables embrace every
security (excepting only State bonds) dealt in on the Exchange. W e 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.

F or fo o tn o te s to tables see last p a g e o f bonds an d last p a g e o f stock s.

BONDS.— PRICES AND SALES FOR JANUARY AND RANGE FOR YEAR 1922.
Sales in

BONDS
N

Y

STOCK

$

U S G o v e r n m e n t S e c u r it ie s
First L ib erty L oa n —
First 3 % s ____________ 1932-’ 47 J D
R e g i s t e r e d _________________
First 4s............ .............. 1932-’ 47 J D
R e g is t e r e d __________
First 4 % s ____________ 1932-’ 47 JD
R e g is t e r e d __________
F irst Second 4 % s ___ 1 9 3 2 -4 7 J~ D
R e g is t e r e d __________
S econd L ib erty L oan —
S econ d 4s...................._1927-’ 42 M N
R e g is t e r e d __________
S econ d 4 % a ______ . . . 1 9 2 7 - ’ 42 M N
R e g is t e r e d __________
T h ird L ib erty L oan —
T h ird 4 % 9 _______________1928 M S
R e g is t e r e d __________
F ou rth L ib erty L oan —
F ou rth 4 % s __________1933-’ 38 A O
R e g is t e r e d _______. . .
V ic to r y L ib erty L oan—
V ic to r y 4 % s __________1922-’ 23 J D
R e g is t e r e d _________ ___
T reasury 4 % __________1947-1952
R e g is t e r e d _____________

4 % s C orp ora te s t o c k . . .

J

J

J

Ask

Highest.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices.

94.84 Jan .
9 4 .8 2
_
96.04 F e b . 7
9 4.7 0 ________
96.02 F e b . 6
9 5 .9 0 .
96.82 Jan . 4
9 9 .0 0 ________

101.68Sept. 30
102.70________
101.68 J u ly 25
101.30________
101.78 J u ly 27
101.40________
102
J u ly 14
9 9 .0 0 ________

101.54Sale 100.94Jan.
2
101.36Sale
100.76Jan.
2
98.40 9 8 .5C 98.64Jan. 12
97.82Jan. 22
98.34Sale
98.42Jan. 3C
98.40Jan. 1C
98.00 9 9 .0C 89.80Jan. 12

101.90Jan. 25
101.76Jan. 25
98.90Jan.
5
22
99.10Jan.
2
. 3
99.00Jan.
5

9 9.4 4 98.58

98.90 99.04

98.00Jan. 30

9 8.4 0 Sale
98.3 6 Sale

97.90Sale
97.90Sale

97.88Jan. 31
97.80Jan. 31

98.44Jan.
4
23
98.60Jan.
2
99.06Jan. 10

95.80 J an . 30 100.80 J u ly 21
9 5 .5 0 ________ 100.54________
95.72 F e b . 3 101.50 J u ly 15
9 5.6 8 ________ 100.00

9 8 .9 0 Sale

98.68Sale
98.60Sale

98.64Jan. 31
98.50Jan. 31

99.09Jan.
98.96Jan.

3
11

96.74 J a n . 31 101.98 J u ly 21
100.82________
96.6 4 _____

3 3 5 9 ,41 6 ,0 0 0
3
4,5 2 5,00 0

98.84 S ale
98.82 S ale

98.14Sale
98.10Sale

98.12Jan. 31
98.10Jan. 31

99.00Jan.
98.90Jan.

2
2

95.86 J an . 31 101.86 J u ly 27
9 5.7 0 _____
101.86
___

3 3 09,410,000 100.26 S ale 100.20Sale
3
6,928,000 100.06 Sale lOO.OOSale
3 34,4 22 ,0 0 0 99.94 Sale
99.92Sale
4,000 __L_________
3,000
1,000
11,000
2,000
2,000
95
8,000
9 3 % _____
1,000
25,000
90,000
10.00C
19,000
19,000
33,000i
77,000i
50,000
8,000I
4,000
5,0001
1,000i
33,000
11,0001
2,000

99.74 A p r.
9 9 .7 0 _____
98.90 O c t.
99.6 4 _____
102
A p r.
103I f F e b .
102% D e c .
1 02 % D e c .
93
N ov.
Feb.
19 79

lOO.lOJan. 17 100.32Jan.
2
lOO.OOJan. 5 100.06Jan.
2
99.80Jan. 17 100.04Jan. 10

9 3 % Jan. 11

F A
M S
D

J
J

20-year sinking fu n d 8 s . . 1941 F
M
M
M
M
B ra zil, U S o f, external 8 s . . 1941 J
7% a_

J

A
A
A

J
A
N
N

N
N
D
D
O
O
O
A
N
A
O

1 0 3 % J u ly
6
103% S ept. 18
104 % F e b . 24
109% S ept. 13
108% S ept. 13
108% S ept. 11
108% S ept. 12
100 % Ju ly 27
101
S ept. 19
104
Jan . 26
9 9 % J u ly 20
108
S ept. 13
108
S e p t. 15
9 0 % Ju ly
5
10 2 % N o v . 1
110 J an . 7

100%
101 %
102 %
107 %
106 %
106%
107
99%
99%
99%
99%
106 %
106 %
90%
103 %

Jan .
Jan .
Jan .
Jan .
Jan.
Jan.
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan .
Jan.
J an .

5
11
5
2
18
19
10
16
12
18
26
16
10
11
25

101
1 02 %
1 02 %
108
107
107 %
107 %
100%
99%
100 %
99%
107
107
91
103 %

Jan .
Jan.
Jan .
Jan .
Jan.
Jan.
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .

24
5
5
24
10
4
4
3
4
8
26
5
29
27
25

9,8 9 2,00 0 1 0 0 % Sale
690,000i
1,364,000 8 0 % Sale
50,000i
7,4 2 0,00 0 1 0 2
Sale
1,395,000| 10,216,000 98
Sale
5,992,000 101% Sale
709,000 i
1,476,000 108
925,000
Sale
1,949 000 1 11 % Sale
81,000
5 311,000 9 3}^ Sale
124,000 i
7,436,000 7 8 % Sale
796,000 '
14,817,000 9 8 % Sale
542,000
796,000 8 6 % Sale
1,070,000
837,000 9 6 % Sale
478,000
2,936,000 9 9 % Sale
591,000
4,2 1 8,00 0 9 9 % Sale
649,000
8,892,000 101% Sale
344,000
8,842,000 9 9 % Sale
672,000
65,016,000 103% Sale
1,466,000
976,000 9 6 % Sale
230,000
18,000 101% Sale
819,000
Sale
4 ,8 4 6,00 0 103
420,000

101%
81%
94%
93%
92
1 08 %
110%
91
71
94%
82
99%
100%
100 %
102%
99%
103%
95%
101%
103%

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

1 00 %
80%
91%
93
91%
107%
111
90
69%
94%
81%
96%
99%
99%
101%
98%
102 %
95
101 %
102 %

Jan .
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan.
Jan .
Jan .
Jan.
J an .
Jan .
Jan.
Jan .
Jan.
Jan.
Jan .
Jan .
Jan .

3
17
31
31
3
25
4
19
30
31
15
2
2
2
2
23
3
23
15
3

1 01 %
82
102
98%
101%
109
112%
94
78%
99
86%
99%
100 %
100%
102 %
102
103 %
96%
1 02 %
103 %

Jan .
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan .

M a r. 7 102%
19 99
Jan . 3 8 7 %
15 77
N o v . 13 109%
2 98
6 104%
3 9 4 % Jan.
N o v . 13 108%
7 98
J an . 23 112
2
J an . 6 116
25
92
D e c . 28 102
5
3 7 4 % N o v . 13 90
9 3 % N o v . 15 108
5
N o v . 14 9 6 %
2 79
2 97
26 8 4 % O ct.
J an . 5 101
18 96
9 4 J * J an .
3 101 %
25
19 95 £ June 2 103 %
June 100 %
13 9 7 %
2 100% J an . 21 108
25 9 8 % Jan . 14 1 04 %
D e c . 97
3 96%
Jan . 28 1 0 6 %
6 i

2,488,000
1,006,000
22,000
4,039,000
981,000
234,000
916,000
15,626,000
1,488,000
1,376,000
18,678,000
4,7 3 9,00 0
1,246,000
170,000
22,486,000
18,006,000
26,216,000
31,830,000

50%
109 %
91%
90%
93
90
83%
77
107
107
108
97
97%

52
Sale
92%
Sale
95
90%
83%
Sale
108
Sale
Sale
Sale
_____

51
107 %
90
90
94
90%
81%
83%
107
107
1 08 %
97
95%
84 *
92%
92%
90%
84

Jan .
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.

2
4
18
2
22
23
2
26
26
26
2
23
6
10
19
18
19
27

52
1 09 %
94%
91%
96%
93%
87
89%
108%
L08%
L
10
99
97%
90'
94
94
98%
95

Jan.
Jan.
Jan.
Jqn .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.

3
15
2
8
4
13
16
4
3
3
3
4
25
15
2
2
2
3

44
J an . 24
106
Jan .
6
1
97%
N ov
85 % J an .
5
J an . 13
77
Jan. 9
76
J an .
3
8 4 % N o v . 14
Jan. 5
1
J an .
4
1
N o v . 15
1
VOX F e b . 1
8 5 % J an . 5
86
N ov. 1
91 Vs N o v . 15
9 0 % N o v . 14
9 3 % N o v . 15
N o v . 14
91

58
112%
99
95%
100
92
90
100%
112%
112%
1 12 %
100 %
97%
93%
97
97%
1 08 %
1 04 %

S ep t. 18
M a r. 28
N ov.
S ept. 7
June 29
O ct. 19
S ept. 20
A p r. 17
A p r. 6
M a r. 30
A p r. 4
S ept. 12
A u g . 21
S ept. 11
M ay 2
S ept. 12
M a r. 20
A p r. 17

Sale 102 % Jan. 17
Sale 103
25,266,000 104
Sale 113
Jan.
2
30,651,000 113% Sale 114
6 5 % Sale
6 5 % Jan . 31
290,000 7 5 % Sale
96
Sale
9 5 % Jan . 16
1,703,000 9 6 % Sale
9 2 % Jan. 18
9 4 % 9 4 % Sale
1,376,000 94
9 3 % Sale
92
Jan.
9
7,076,000 9 3 % Sale
9 2 % Sale
9 2 % Jan. 18
7,106,000 9 3 % Sale
82
Sale
8 0 % Sale
80
Jan. 31
11,718,000
6 9 % Jan . 30
7 0 % Sale
5,236,000 7 8 % Sale
6 9 % Jan. 31
7 0 % Sale
6,564,000 7 8 % Sale
32% 35%
1,059,000

104%
.16
75%
96%
95
93%
93%
82
79%
79

Jan.
Jan .
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.

2
15
2
12
10
15
10
2
2
3

96
J an . 3
98 X J an . 5
68
N o v . 14
D ec.
Jan .
7
Jan. 4
Jan .
4
Jan .
4
74
N o v . 13
N o v . 13
F eb.

105 %
115
91%
97
96%
95%
95%
83%
90
90
4 7>

J u ly
8
D ec. 3
June 28
N ov.
M a y 19
A u g . 14
D e c . 12
S ept. 15
A p r. 15
A p r. 15
M ay

Jan.
Jan .

2
3

do
do
5s________ 1931
10-year 5 % a _____________ 1929 F
5s_
_
_
1952 M
C h ile R e p u b lic exter s f 8 s . 1941 P
A
7s.
.1942 M N
M N
C hinese G o v t , Im perial—
H uku an g R y sterling 5 s. 1951 J D
186,000
C hristiania (C ity ) s f 8s___1945 A O
73,000
C olom b ia 6 % s _____________ 1927 A O
65,000
C op enhagen 25-yr s f 5 % s .l9 4 4 J J
507,000
C u b a , R e p o f, 5 p ___________ 1944 M S 417,000
5s ext d eb t Ser A o f 1914.1949 F A
19,000
4 % 8 external lo a n ______ 1949 F A
93,000
C zech oslov a k (R ep o f) 8 s . . 1951 A O 276,000
D a n ish C on s M u n le s f 8s A 1946 F A 544,000
Series B s f 8s____________ 1946 F A
95,000
D en m a rk s f 8s_____________ 1945 A O
76,000
20-year external 6s_____ 1942 J J
510,000
D om in ica n R e p u b lic s f 5 s . 1958 F A
864,000
5 % s ______________________ 1942 M S
87,000
D u tc h E ast In d 25-yr ext 6 sl947 J J
878,000
40-year 6s________________ 1962 M S 1,967,000
F ren ch R ep u b 25-yr ext 8 s . 1945 M S 3,256,000
20-yr external loa n 7 % s_ 1941 J D 4,433,000
G t B rit & Irela n d , U n K in g of20-year g o ld b o n d 5 % s . .l 9 3 7 F A 1,905,000
10-year c o n v 5 % s ____...1 9 2 9 F A 5,650,000
G reater P ragu e 7 % s _______ 1952 MN 433,000
H a iti 6s_____________________ 1952 A O 975,000
I t a ly , K in g d o m , Ser A 6 % s 1925 F A
80,000
Japanese G o v t , Im p — £ 4 % s ’ 25 F A
260,000
2d series 4 % s ____________ 1925 J J 228,000
S terling loa n 4s__________1931 J J
789,000
L yon s (C ity o f) 15-year 6 s. 1934 M N 488,000
M arseilles (C ity ) 15-yr 6 s ..1 9 3 4 M N
482,000
M ex ica n Irr 4 % s __________1943 M N
M e x ico , U S o f , external gold
loan o f 1899 sinking fu n d 5 s . . Q J 374,000
4s gold d eb t o f 1904______ 1954 J D
107,000




98
Jan .
9 7 % Jan.
99
F eb.
Jan .
Jan .
Jan .
Jan.
93 % Jan.
93 % Jan.
9 3 % Jan.
94
Jan.
Jan.
% Jan.
84 H Jan .
M ay
:
M a r.

101%
102%
102%
107%
107%
107%
107%
Sale
100
100
99%
107%
107%
91%

672,000
440,000
88,000
380.000
609,000
386,000
586,000
270 000
134,000
156,000
39.000
386,000
413,000
12,000
1,000
4,000

100 %
102%
102%
107 %
1 07 %
107
1 07 %
100
99%
99%
99%
106%
106%
90%

1 01 %
102%
102 %
Sale
107%
107 %
107%
Sale
100 %
1 00 %
99%
106%
S ale
Sale

F o r e ig n G o v ’ t S e c u r it ie s
B elg iu m -

21 100 .98 M a r. 20
1 0 0 .8 2 ............
27 100.08 D e c . 26
9 9 .8 0 ________
4 1 0 3 % F e b . 28
23 1 0 5 % M a r. 1
12 105
J an . 28
6 1 05 X F e b . 27
17 9 3 % D e c . 22
27 79
F e b . 27

100%
102%
102%
107%
107%
107%
107
99%
99%
99%
99%
106 %
106 %
90%

D

D
M a
M N
M N
M N
M N
M N
M N
M N
M S
M S
J

Ask Bid.

RANGE FOR YEAR 1922.

Lowest.

3 3 61 ,9 2 6 ,0 0 0
3
3,1 2 0,00 0

m

M S
M S
A O

Bid.

Jan. 31.

0
8 ,9 7 6,00 0
0
662.000
3 309,614,000
3
1,515,000

Jy f
y m

y

PRICES IN JANUARY.
Jan. 2.

0 2 8 6 ,93 2 ,0 0 0 100.94 Sale
0
9 ,420.00C 100.78 Sale
0
3 9 6 ,00C 98.9 0 ____
)
2 ,410.00C
0 47,9 76 ,0 0 0 99.0 0 Sale
)
1 ,525.00C
0
3 ,7 4 6,00 0 99.0 0 100.0C
3,000

Q J
y j
y f

S t a t e a n d C ity S e c u r it ie s

Sales in
1922.
(12 mos.)

EXCHANGE

12,996,000
12,902,0001

51%
108
94 %
90
96%
81%
81%
87
108
109
108 %
98%
95
94
93%
98%
94%

Sale
Sale
Sale
Sale
Sale
Sale
82
Sale
1 08 %
Sale
Sale
Sale
_____
Sale
Sale
Sale
Sale

54
Sale
35% 36%

93%
92%
90%
87

Sale
Sale
Sale
Sale

5 0 % Sale

49
Jan. 22
3 3 % Jan. 22

54
37

M ay 8
M ay 2
M a r. 3
M ar. 8
A p r. 5
A p r. 13
M a r. 24
June 20
A p r . 15
A p r . 17
June 22
D e c . 29
A u g . 22
A ug. 1
A u g . 14
M ay
M ay 4
A p r . 12
D ec.
A p r. 24

7 0 % A p r . 17
62
A p r. 3

Y

STOCK

EXCHANGE

Interest
Period.

B O N D S
N

F o re ig n G o v t S e c u r it ie s (Co ncl.)
M on tev id eo 7 s . . ________ 1952 J D
N etherlands s f 6s_________ 1972 M S
N orw a y ext s f 8 s __________ 1940 A o
6 s ___
_______
_ _ 1952 A o
P orto Alegre (C ity o f) 8 S ..1 9 6 1 J D
QueenskmJ S tate ext s f 7s. 1941 A O
25-vear 6s_____________ .1 9 4 7 F A
R loG ra n (State) 2 5-yr8sln tctfs’ 46 A O
R io d e Janeiro 2 5 -y r s f 8 s . .1 9 4 6 A O
8 s ________________________ 1947 A o
San P aulo (C ity ) s f 8s____ 1952 M N
San P aulo (State) ext s f 8 s . 1936 J J
Seine D ep (France) 20-yr 7s 1942 J J
Serbs, C roats & Slovenes 8s 1963 M N
Soissons 6 s .
________ __ 1936 M N
Sweden 20-year 6s_________ 1939 J D
Swis3 C on fed era tion s f 8 s . . 1940 J J
T o k y o C ity loan of 1912 5s____ M S
U ruguay. R ep , external 8 s. 1946 F A
SSurich (C ity o f) s f 8s_____ 1945 A O
R a ilr o a d B o n d s
A la G t Sou 1st con s A 5s___1943 J D
M N
A o
A llegh & W est 1st g"gu 4s . . ’ 98 A o
A lleg V al gen gu g 4 8 % .
.1 9 4 2 M s
A n n A rb or 1st g 4s___Ju ly 1995 Q J
A tch T o p & S F — G en g 4 s . 1995 A o
R e g is t e r e d _________ ____ 1995 A o
A d ju stm en t g 4 s___July 1995 N o v
R egistered _______J uly 1995
S ta m p ed ____ __ ____ 1 .1 9 9 5 M N
50-year co n v gold 4s____ 1955 J D
C on v 4s Issue o f 1910.1960 J I)
E ast Okla D iv 1st g 4 s . .1 9 2 8 M s
R o c k y M t d iv 1st 4s A . . 1965 J J
Short Line 1st 4s g o ld . .1 9 5 8 J J
C al-A riz 1st & ref 4 % s .l9 6 3 M s
A tl-B ir 3 0 -y r l s t g 4 s .M a y . . ’ 33 M s
A tl K n ox & C in D iv g 4s . . 1955 M N
A tl K n ox & N o 1st g 5s____ 1946 J D
A t l & C h a r A L 1st A 4 % s _ . 1944 J J
J J
A t l C ity 1st co n gu g 4s .1 9 5 1 J J
A tl C oast L 1st g 4 s .J u ly 1952 M 8
10-year secured 7s_______1930 M N
G eneral unified 4 % s ____ 1964 J D
L & N colla t g old 4 s .O c t 1952 M N
A tl & D a n v 1st g 4s_____
1948 J J
S econd 4 s. . _____ ____ 1948 J J
A tla n & Y a d 1st gu g 4s___1949 A O
A & N W 1st gu g 5s_______1941 J J
D a l t & O — P r lien g 3 % s .l9 2 5
"
G o ld 4s . _____ Ju ly 1948
R e g iste re d ________________
C on vert 4 % s . . . ............1 9 3 3
R efu n d & gen 5s ser A . 1995
10-year 6 s.
. ________ 1929
P itts Jet & M D 1st g 3 % s ’ 25
P L E & W V a Sys ref g 4 s . 1941
S W D iv 1st gold 3 % s . . l 9 2 5
T o l C in 1st & ref 4s Ser A 1959
B attle Creek & S 3s . _ 1989
B eech C reek 1st gu 4s_____ 1936
R egistered _____________ 1936
2d guar g old 5 s _ . ___.1 9 3 6
B ch C r ex 1st g u g 3 % s F e b ’ . 51
B elle & C arond 1st 6s___.1 9 2 8
B elvidere D el 3 % s_ . . . 1948
B ig S andy 1st 4 s .
_____ 1944
B & N Y A ir L ine 1st 4 s . . . 1955
B runsw & W 1st gu g 4s ..1 9 3 8
B u ff R & P gen g 5 s ___ .1 9 3 7
C on sol 4 % s ____________ 1957
B url C R & N o— g old 5s___ 1934

J
A
Q
M
J
J
M
M

/ ’''a n Sou con gu A 5s____ 1962
^ anadian N o d eb s f 7 s . 1940
25-year d eb s f 6 % s g .1 9 4 6
C anadian P ac 4 % d eb s to c k ___
C arb & Shaw 1st 4s g ____ 1932
C aro C ent 1st con s g 4s _ 1949
C aro C lin ch & O h io 1st 5 s. 1938
6s
. . . .
. . . . .. . 1 9 5 2
C art & A d 1st gu g 4s___.1 9 8 1
C ent B r Un P a c 1st g 4 s . .1 9 4 8
C ent N E 1st guar 4 s ____ 1961
C O R eorg 1st co n g 4 % s _ 1930
C ent o f G a— 1st g 5 s . .N o v 1945
C onsol gold 5s__________ 1945
R egistered __________ 1945
10-yr tem p secured 6 S ..1 9 2 9
C hat D iv pur m on ey g 4s 1951
M a c & N or D iv 1st g 5 s . 1946
M id G a & A tl D iv 5s___1947
M o b ile D iv 1st g 5s____ 1946
C en R R & B o f G a— C ol g 5s’ 37
C en tra l o f N J — G e n g 5 s . .19 8 7
R eg istered ______ July ..1 9 8 7
C en t P a c 1st ref gu g 4s___1949
M t g gu g 3 % s ___A u g ..1 9 2 9
T h rou g h St L 1st gu g 4 . .s ’ 54
C harles & S av 1st g 7 s. .1 9 3 6
C hes & O — F un d & im p 5 s . 1929
1st con s g o ld 5s_________ 1939
R egistered . _ ________1939
G en eral g o ld 4 % s _______1992
C on v ertib le 4 % s ________ 1930
C o n v secured 5s_________ 1946
C raig V a lley 1st g 5s____ 1940
P o tts C reek B r 1st 4 s . . 1946
R & A D iv 1st co n g 4 s . .1 9 8 9
2d co n g o ld 4s________ 1989
W arm Spr V al 1st g 5 s . 1941
C h ic & A lt R R — R e f g 3 s . 1949
Railway 1st lien g 3 % s . . l 9 5 0
C h ic B url& Q — 111 D iv 3 % s 1949
R egistered . . ________ 1949
Illin ois D iv ision 4s_______1949
N ebraska E xten sion 4 s . . 1927
G eneral 4s . ____________1958
1st & ref Ser A 5s .
..1 9 7 1
C h ica go C ity & C on 5s____ 1927

A O
J D
J J




17

BONDS—STOCK EXCHANGE RECORD

F eb., 1923.]

J

J
o
J
s
D
J

N
N
J
j
D
J

J
J
J
J J
J J
A O
J D
J J
J D
F A
J
J
M S
M N
A O

Sales in
January
1923.

$

107,000
163,000
328,000
83,000
183,000
153,000
112,000
235,000
243,000
104,000
240,000
938,000
237,000
589,000
395,000
89,000
104,000
111,000
29,000
3-000
1,000
40,000
888,000
1,000
10,000
18,000
75,000
18,000
104,000
60,000
16,000
64,000
34,000
6,000
26,000
4,000
4,000
180,000
37,000
42,000
396,000
3,000

693,000
905,000
1,000
905,000
465.000
692,000
77,000
285,000
580,000
111,000

J
J
J

J
D
D
D
D

1,000

256,000
1,000
107,000
258,000
204,000
1,045,000
40,000

20,000

F A
M N
M N

5,000
80,000

J
J

M
J
Q

1)

J
J
J
N
J
J
A

J D
A O

J
J J
M N

319,000
2,000

34,000
11,000
154,000
24,000
4,000

J

M N
M 8
F

A

83,000
43,000
392,000
769,000

A O 1,917,000

J
J

J
J

J
J
M 8
A O
J J
J J
J J
J J
M N
M 8
F A
A O

7,730,000
5,964,000
1,712,000
2,016,000
2,071,000

1,000

J
J

160,000
454,000
54,000
31,000
6,000
162,000
257,000

PRICES IN JANUARY.
Jan. 2.
Bid.

Jan. 31.

Ask. Bid.

9 1 % Sale
9 S % Sale
111% Sale
9 8 % Sale
9 8 % 100
109 % Sale
1 0 2 % Sale
9 8 % Sale
97
Sale
96 Jg Sale
s
97% 99%
9 8 % 99
8 6 % Sale
70
Sale
78
78%
105
Sale
1 1 8 % Sale
7 2 % Sale
106
Sale
112J4 Sale

90
97%
1 09 %
98%
93%
1 05 %
1 01 %
93%
91
91
96%
96%
76%
54
105%
118%
71%
103 %
1 12 %

Ask.

RANGE FOR YEAR 1922.

Lowest.

Highest.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices

Sale
8 9 % Jan. 19
Sale
9 7 % Jan. 26
Sale 109
Jan. 18
Sale
9 7 % Jan. 26
Jan. 19
9 5 % 95
Sale 107 % Jan. 10
Sale 101
Jan. 18
9 3 % Jan. 31
Sale
Sale
90
Jan. 31
Sale
91
Jan. 31
Sale
96
Jan. 24
9 5 % Jan. 20
Sale
Jan. 31
_____ 76
Sale
5 7 % Jan. 15
25
2
Sale 104 % Jan.
Sale 118 % Jan.
6
Sale
7 1 % Jan.
9
Jan. 17
Sale 103
Sale I l l
Jan. 11

91%
99
112
100
99%
109 %
102 %
99%
97
97%
99%
99%
87
70%

Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10
13
4
8
8
2
1
3
2
9
4
6
2
2
3
106
Jan. 16
6
119% Jan.
7 2 % Jan.
8
4
107
Jan.
113
Jan. 30

9,000 9 6 % 9 8 % 9 4 % 9 4 % 96
Jan.
Jan.
8 96
25,000 9 9 % . . .
6
9 9 % 101
70,000 7 9 % 82
81 % 8 2 % 8 1 % Jan. 22 8 1 % Jan.
5,000 8 3 % 87
8 3 % 86'
2 90
Sale
7,000 90
90
Jan.
Jan.
90
92
Sale
422,000 64
2 6 5 % Jan .
64
Jan.
6 4 % Sale
Sale
10,476,000 90
8 7 % Jan. 27 9 0 % Jan .
88
Sale
8 8 % 80
24,000 87
87%
8 6 % 7 7 % 8 4'
561,000 82
8 0 % Jan. 19 8 2 % Jan .
2,000 7 4 % .
7 5 % 86
83
1,724,000 81
8 0 % 8 1 % 8 0 % Jan. 25 8 2 % Jan.
1,300,000 8 1 % Sale
Jan. 27 8 2 % Jan .
8 1 % _____ 80
517,000 100% 102% 100
100
Jan. 13 101
Jan.
105
120,000 9 4 % 9 5 % 9 4 % 9 5 % 9 3 % Jan . 17 9 5 % Jan .
181,000 81
-------- 81
3 83
Jan.
8 2 % 8 1 % Jan.
8 6 % 86
246,000 86
Jan.
5 8 6 % Jan.
8 8 % 85
2 93
330,000 9 1 % Sale
Jan.
9 1 % 9 2 % 9 1 % Jan.
137,000 6 5 % 68
6 5 % Jafi. 22 67
Jan.
67
Sale
Jan. 19 86
359,000 8 5 % 8 6 % 8 2 % 8 5 % 85
Jan.
- - 99%
14,000 9 8 %
122,000 9 0 % 9 2 % 90
9 1 % 9 1 % Jan. 16 9 1 % Jan .
.
. Q714 QSl/d 9 8 % Jan . 19
63,000 99
- 80
1,000 8 3 % . .
8 6 % Jan. 24 89
Jan .
930,000 8 8 % Sale
8 7 % Sale
Jan. 15 108
Jan .
549,000 1 06 % 107
107 % Sale 106
8 7 % Jan. 12 8 8 % Jan .
327,000 8 7 % 8 8 % 8 6 % Sale
Jan. 25 83
Jan .
3,269,000 8 2 % Sale
8 0 % 8 0 % 81
77
Jan . 17 8 0 % Jan .
77,000 7 7 % 78
77% S
22,000 6 4 % 72
6 5 % 72
80
48,000 77
77% 78%
6,000 9 4 % _____ 9 5 %
5,858,000
4.2 0 5,00 0
8,4 7 4,00 0
4 ,5 2 1,00 0
7,543,000
323,000
1,396,000
3,0 9 6,00 0
353,000

10,000
8,000

J J
M S

J
J

$
98,000
8 6,832,000
3,014,000
2,316,000
876,000
4 ,0 1 6,00 0
5,015,000
3 ,4 9 6,00 0
6,589,000
2,080,000
2,646
4,001,000
18,176
916,000

18,000

M s
J

J

Sales in
1922.
(12 mos.)

25,000
24,000
8,000
62,000
1,015,000
225,000
675,000
1,750,000
3,3 1 7,00 0
8,8 0 5,00 0
1,000
25,000
653,000
5,000
9,000
50,000
551,000
5,000
65,000
465,000
2,000
1,634,000
13,000
5,000
2,000
5,000
56,000
451,000
16,000
4,5 7 3,00 0
372,000
485,000
34,000
233,000
315,000
1,359,000
6,103,000
9,9 4 3,00 0
1,000
17,000
67,000
9,000
1,016,000
4 ,4 9 1,00 0
310,000
1,000
390,000
277,000
1,058,000
9 ,6 4 0,00 0

93%
80%
78%
81%
84%
101
90%
78%
91%
67%
60%
89%

Sale
9 3 % Jan.
9 4 % Sa e
Sale
7 5 % Jan.
7 7 % Sale
Sale
77
Sale
7 7 % Jan.
7 8 % Sale
Sale
8 0 % Jan.
8 1 % Sale
Sale 100% Sale 100% Jan.
9 1 % 9 1 % _____ 9 1 % Jan .
Sale
7 3 % Jan .
75
Sale
Sale
9 1 % Jan.
9 1 % Sale
Sale
6 1 % Jan .
65 % Sale
_____
6 1 % 65
71% 87% 91%

9 4 % _____
95%
7 3 % _____
71%
100
_____ 100
7 8 % _____
79%
8 3 % 86
8 2 % 85
5 6 % 80
57% 78%
8 7 % _____
88%
1 0 1 % _____ 101 %
9 1 % Sale
9 0 % Sale
99
_____
97% 99%

23 9 4 % Jan.
18 7 9 % Jan.
2
27 8 2 % Jan.
24 85
Jan.
18 101 % Jan.
10 9 1 % Jan.
18 7 9 % Jan.
8 92
Jan.
17 6 7 % Jan.

8
6
22
2
10
11
8
4
4
15
9
15
23
23
8
19
16
26
6
26
3
9
29

11
8
2
14
4
8
4
12
12
2

89
N o v . 10 94 % A u g. 10
9 3 % O ct. 23 99J4 D e c . 12
M ay 2
107% J an .
6 113
105
A p r.
112
A u g.
105
S ept.
1 0 5 % A pr.
106 % A p r.
1 04 % A pr
106 % A pr.
107 *A pr.
98
A p r.

28
31
13
15
17
29
13
21
15

June
S ept.
S ept.
7 6 % M a r.
108% M a r.
115% S e p t.

9
5
14
1
2
4

97
105%
98%
96%
94
93%
96
96%
81%

N ov.
Jan .
M a r.
N ov.
N ov.
N ov.
N ov.
N ov.
N ov.

14
27
1
15
28
15
14
14
9

74%
94
112%
67
1 00 %
106

N ov.
Jan .
Jan .
Jan .
June
J an .

13
6
24
4
30
25

94
98%
76%
82%
86
58%
85
85%
77%
81%
78%
76
91%
91%
78
79%
88%
59%
79%
98%
87
91
85%
85
1 04 %
83%
77%
72
60
75%

1 0 i% S ept. 7
N ov.
M a r.
100% O ct. 13
N o v 15
Jan .
fi% D e c .. 12
M a r.
83%
A u g . 16
Jan.
94
A p r. 13
Jan .
80
Jan.
9 5 % July 13
9 2 % S ep t. 1
N ov.
A u g . 21
Jan.
86
J u ly
8 7 % Ju ly 17
Jan.
86% A u g. 23
O ct.
9
Jan .
88
Jan .
107 % S ept. 14
Jan .
97% D ec. 5
J an .
8 5 % S ept. 8
A u g . 16
J an .
90
Jan .
9 4 % A u g . 25
J an .
7 5 % A p r 24
Jan.
A u g . 22
88
A p r.
99% M ay 6
Jan .
96% M ay 3
Jan.
101
S e p t. 9
8 5% N o v . 4
N ov.
Jan.
J u ly
8
4 93
M a r. 3 1 08 % A u g . 30
Jan .
3, 9 1 % S ept. 26
F eb. 2 85% A u g. 8
Jan . 10 , 82 % S ept. 11
A p r. 3 7 2 % N o v . 9
F e b . 10 82
A p r. 29
21 98
M a y 23

88%
76%
80
74
77
94%
87
72%
86
62%

107
122

4 96
Jan.
5 88%
Jan.
Ju ly 17 84
Jan .
7 87%
Jan . 31 93
4 102
Jan .
Jan .
9 94
Jan .
9 85
Jan .
7 94
Jan.
6 73

8 4 % Jan .

3

S ept.
A u g.
S ept.
S ept.
A u g.
A u g.
A p r.
A ug.
A ug.
S ept.

9 1 % O ct.

3
30
6
10
23
12
6
24
17
19
4

60
J u ly 12 76
D e c , 22
9 9 % A p r. 24 1 0 0 % J u ly 28
8 3 % Jan. 15

8 3 % Jan. 15

8 9 % Jan . 19
9 8 % Jan . 25

9 2 % Jan.
99
Jan.

3
9

81
59
86
98%
87%
96%

D ec.
Jan .
Jan .
M a r.
M a r.
M a r.

19 8 6 % S ept. 20
11 76
O ct. • 3
16 9 1 % A u g . 25
21 103
S ept. 27
16 9 6 % O ct. 16
27 100 % O ct. 17

9 8 % Jan. 22 1 00 % Jan.
9 8 % Sale
8 93
J an . 10
9 9 % 99
113 % Sale 1 1 3 % Sale
1 1 2 % Jan.
2 114
Jan .
6 1 0 8 % J an .
4
111% Sale 110% Sale
110 % Jan. 30 1 12 % Jan .
4 1 0 7 % Jan .
5
M a r. 22
7 9 % Sale
7 7 % Jan. 18 8 0 % Jan .
4 77
7 9 % Sale
8 7 % 9 4 % 8 7 % 90
9 2 % S ept. 25
68
. . . 70% 72%
70
N o v . 29
92
9 2 % 9 1 % 9 1 % 9 1 % Jan. 12 92
Jan.
Jan .
9
9 83
9 6 % 9 6 % 9 6 % Sale
9 6 % J an .
6 9 6 % Jan. 6
80% 82% 78% 83%
81
D e c . 26
7 0 % 74
7 0 % D e c . 27
6 8 " 7 3%
50
6 2 % 57
5 6 % Jan . 24 58
Jan. 15 5 1 % Jan .
5
Sale
9 2 % _____
9 0 % M a r. 3
92%
1 0 0 % _____ 101%
85
Jan.
6
M a r. 1
9 7 % 98
9 5 % Jan. 24 98
Jan.
2 84
96 " 97
93%
Q n%
9 0 % M a r. 7
9 9 % 9 9 % 9 9 % Sale
9 9 % Jan.
3 101
Jan . 12 94
Jan .
5
78
82
Jan .
3 81
Jan .
3 7 9 % M a r. 18
7 3 % _____ 81
93
_____
93
F eb . 23
93
93
. . . . 91%
95
May 19
9 3 % 9 6 % 9 4 ' 100
9 3 % July 24
9 2 % 9 6 % 94
9 9 3 % Jan. 29 8 8 % Jan . 12
9 6 % 9 2 % Jan.
108
Sale 104 % 105% 107
Jan.
4 108
Jan.
3 1 03 % Jan .
4
_____ 106
105
A p r. 24
103
105
8 7 % Sale
8 5 % Jan. 26 8 7 % Jan.
4 8 1 % Jan .
8 5 % Sale
4
9 1 % S ale
F eb. 6
9 0 % 9 1 % 9 0 % Jan . 17 9 1 % Jan. 10 86
8 2 % 84
8 0 % Jan. 26 8 2 % Jan. 24 7 8 % Jan . 10
83
Sale
1 0 9 % _____ 110%
7 5 % Jan .
4
95
96
9 0 % Jan . 10
95
9 5 % 9 4 % Jan. 18 9 6 % Jan. 11
100% S ale 100% 102
1 0 0 % Jan . 18 102
Jan.
8 9 7 % Jan.
4
9 9 % D e c . 29
9 8 % 100
8 6 % Sale
8 4 % Jan . 23 8 6 % Jan.
2 82% F eb. 2
8 4 % Sale
8 8 % Sale
8 6 % J an . 27 8 9 % Jan .
5 8 2 % Jan.
8 6 % Sale
6
9 5 % Sale
9 3 % Jan. 26 9 6 % Jan. 8
8 4 % Jan.
5
9 4 % Sale
9 5 % --------- 9 3 % 95
95
Jan . 23 95
Jan . 23 8 8 % May 31
7 7 % 84
71
Jan. 30
78
84
7 8 % 83
81
D e c. 2
80
83
7 5 % 7 9 % 76
7 5 % M a r. 23
79%
9 2 % _____
93%
5 2 % Sale
5 0 % Jan. 24 5 2 % Jan.
3 5 0 % S ept. 27
51
52
2 6 % Sale
2 5 % Jan. 19 2 9 % Jan.
5 23
D e c . 15
2 7 % Sale
8 2 % Sale
Jan.
9 7 7 % J a n ., 5
8 0 % .8 1 % 7 9 % Jan. 18 83
7 7 % M a r. 4
8 7 % 92
88 8 8 % 8 9 % Jan. 13 9 0 % Jan. 16 87 N o v . 17
9 6 % 9 7 % 9 6 % 97
9 6 % Jan. 10 97
Jan. 16 93
Jan .
4
8 9 % Sale
4 8 5 % N o v . 16
87
8 7 % 8 7 % Jan. 19 8 9 % Jan.
101% Sale
9 9 % Jan. 19 101% Jan.
6 9 6 % M a r. 15
99
100
_____ 48
_____ 48

102
115
1 14 %
83%
92%
71%
94

A ug.
A p r.
S ept.
O c t.
S ept.
N ov.
M ay

21
24
13
6
25
13
1

83
77%
68%
90%
102%
101
90%
1 01 %
81%
96%
95%
100
106%
110%
109
91%
93
87
107%
98
103%
100
91%
92
100
88%
79
84%
80

A ug.
S ept.
M ay
M ar.
M ay
S ept.
M a r.
N ov.
M ay
M a r.
June
S ept.
A p r.
O ct.
S ept.
Ju ly
S ept.
A p r.
J u ly
M a r.
A ug.
M ay
S ept.
A ug.
A ug.
M ay
June
S ept.
A ug.

18
25
8
3
5
3
7
20
2
23
2
12
4
9
19
8
11
25
8
1
10
26
14
22
21
31
16
5
29

67
52
85%
78
93
98
93
1 07 %

A ug.
A ug.
S ept.
A p r.
A ug.
S ept.
J u ly
M a r.

23
17
22
1
1
13
6
14

18

Sates in

BONDS
N Y

[V ol. 116.

BONDS-STOCK EXCHANGE BECOKD
STOCK

January
1923.

EXCHANOE

6s R

C M A- P u g e t S 1st g e n 4 s .

1934 A
1951 M
1982 M
1959 M
1936 J
1947 J
1047, J
1947 J
1906 M
19 66 - 1956 J
1956 J
1969 J
1949 J

O
N

N
S

&
1 6 .0 0 0
4 2 4 .0 0 0

22.000
3 1 1 .0 0 0

J
J

11.000

J

7 9 ,0 0 0

J

N

7 8 .0 0 0
2 7 .0 0 0

J
J

4,000

D

J

1 0 5 .0 0 0

C h ic M l l w A St R a u l—

Sales in
1922.
(12 mos.)

fl.w
4 ^k.
S
42,000 105 Vg 107
12,706,000 79 % Sale
344,000 94
95%
7,573,000 51 % Sale
12%
636.000 106% 107%
600.000 9 7 % 9 8 %
27,000' 82
8 4%
35,000, 8 1% 84
97%
15.000 97
5.000 72
78
83.000 8 4 % 8 6 %
7.000! 8 7 % 98
959.000! 67
Sale

1 , 2 8 2 .000
1989 J J 2 9 6 .0 0 0
7 2 % Sale
9 0 .0 0 0
2 4 5 .000
1989 J J
63
66
2 5 2 .0 0 0
7 3 5 .OOO1 8 1 %
1989 J J
83
2014 A O , 1 6 8 , 0 0 0
6 . 8 9 4 .000
61 'A Sale
2014. F A 8 9 2 .0 0 0
4 , 6 4 4 .ooo| 6 8 % Stile
1932
4 . 9 1 9 .000
C on vertib le 4
________1932 J D . 2 7 2 , 0 0 0
67
Stile
8 6 3 .0 0 0
1925 J D
2 , 5 4 8 .000
8 0 % Stile
5 7 9 .0 0 0
J J
1 ,5 9 3 •
4 s.
000 5 8 % Sale
3 6 .0 0 0
1926 1 J
4 9 .0()0 9 6 % Stile
7 .0 0 0
126 •
1920 F A
Sale
000 96
5 .0 0 0
R egistered _ . .
1926 F A
9 •0
00 95%
7 3 .0 0 0
19X7 M N
283 . 0 0 0 , 7 5 % 77
3 5 .0 0 0
1987 M N
7 2 8 .000 85
85 %
1.000
1 3 4 .OOO1 85
1987 M N
87%
...
7 2 .0 0 0
635 •
1987 M N
000 104
104%
4 ,0 0 0
4 6 •000 1 0 3 % 1 0 4 %
1929 \ O
7 000 100%
1929 A O
7 8 ■000,1 9 8 %
1929 A O
1 .000 1 98
1929 A O
3 ,0 0 0
121 000 100
1933 M N
1 . 1 ) 0 0 ................
1933 M N
101,000
1 , 0 2 9 .000 109
1980 J D
Sale
118,000
1.202 000 1 0 9 % Sale
1936 M S
1988 J J 2 3 2 , 0 0 0 1
2 , 1 3 0 .000
8 1% Sale
2 ,0 0 0
4 0 .000
1988 J J
R e g is t e r e d ___
75
R efu n d gold 4s.
1934 A o , 2 5 7 , 0 0 0
1 5 ,0 3 4 .000
8 3 % Safe
3 ,0 0 0
1951 J D
5 3 000 101 % Sale
1951 J I)
1951 J D
73%
1951 J I>
20,000
1963 J D
1.146.000 9 6 % 9 7 %
1951 J D
17.000, 8 1 %
1932 A O
4 9 ,OOO1 9 9 %
8,000
1930 J 1
)
275.000 106% 107'%
1930 J D
127.000, 8 9 %
1 6 ,0 0 0
1930 M S
556.000] 96
Sale
3 2 .0 0 0
C b lc T H A S’east 1st 5 s . . 1960 J D
2 7 4 .0 001 7 9 % 8 0 %
1963 J J 2 4 5 ,0 0 0
444.000 91 % Stile
9 2 .0 0 0
1963 J J
395.000 114% Sale
1932 Q M
30.000 105
2 3 9 ,0 0 0
1952 r J
Sale
3 .2 2 8.00 0 75
2 6 .0 0 0
1935 M S
1.155.000 102 % 102 %
1,000
1952 MN
52.000 9 7 %
4s’ 23 M N
C ln Fill A Ft W 1st gu g
2,000
1937 J J
88% 93
4 6 .0 0 0
. '36 Q E
87
3 5 .0 0 0
R egistered ......... A ug . . 1936 0 F
7 .0 0 0
1,000
1942 M N
8 5 % ..........
7 .0 0 0
1928 J J
9 9 % tOO
5 .0 0 0
1943 J J
22.000 96 % ..........
9 0 .0 0 0
1998 J D
80% 81%
8 8 3 .0 0 0
2 8 .0 0 0
1931 J J
9 4 1 .0 0 0
9 1 % Sale
5 ,0 0 0
1993 J D
98
100%
1 5 5 .0 0 0
2 3 7 ,0 0 0
1929 J J
3 , 1 4 4 , 0 0 0 101 % Sale
1941 .1 J
8.000 101 % 101 %
2.000
1939 J J
85 % 9 1
2 6 5 .0 0 0
9 .0 0 0
1991 J J
7 9 % 82
8 1 ,0 0 0
7 .0 0 0
1990 M N
2 9 3 .0 0 0
80
Sale
1990 M N
R egistered
2,000
1940 M S
1.000 8 2 %
1940 J J
11,000 8 2 %
1934 J J
7 . 0 0 0 105% 108%
. . '3 3 A o
98
99%
9 .0 0 0
1,000
1935 M N
1.000 95
1938 J J
22,000 9 3 %
1942 J J
93% 98%
1942 A o
97%
1942 A o
80%
2 7 ,0 0 0
1961 A o
C lev e Short L— 1st gu
9 7 % Sale
3 9 6 ,0 0 0
3 3 0 ,0 0 0
1972 A o
C lev Tin Trntls 1st s f j
1 . 5 7 7 . 0 0 0 104% Sale
1945 J D
C oa l R lv R y 1st go 4s.
84
4 2 .0 0 0
66,000 1 . 0 2 8 . 0 0 0 83 % Sale%
1929 F A
92
2 8 0 ,0 0 0
1935 M N
87
Sale
1 ,9 6 9 ,0 0 0
1948 A O
8 2 % 88
5 9 .0 0 0
1965 F A
1 7 .0 0 0
81% 85%
2,000
1943 A o
82
75
1952 J J 112,000
1.198.000 8 4 % Sale
3 2 .0 0 0
1936 J D
106
1.409.000 104
G e n g 4 s S e r A _____M a
G e n g 3 % s Ser B . . M a
G e n 4 % s Ser C
Ma

1 9 3 lll
"elaw are A H u d son -

J

Im p rovem en t gold 5s
First A refunding 5 s.
T ru st c o certfs o f dep ___I
1935 J J
1947 M B
1995 J D
1995 J D
D e tro it R iv e r T u n n el—
D e t T erm T u n n el 1st 4 % s. . '61 M N
1941 J J
1937 A O
1937 1
J 1
E ast R y M N o D iv 1st g 4s’48 A Oj
E T en reorg lien g 5s______ 1938 M S
E T V a A G a d iv g 5s_____ 1930 J J !
C ons 1st g o ld 5s_________ 1956;M N,
IT lgln Jol & E ast 1st g 5sl941^M N|
“ rle— 1st extend ed gold 7s 1930 M S
E rie 1st co n g prior as _____ 1996 J
R e g is t e r e d -------------------------------- J




2,000

3 2 2 .0 0 0
1943 M N
1935 A O 1 3 4 .0 0 0
120.000
1937 M N
1 6 .0 0 0
1930 J D
. ’ 36 F A
245.000
1936 J J
2,000
1936 J J
198.000
1928 J D
1955,F A ,137,000

8,000

9,000

73.000
10.000

20,000
7 ,ooa
1,000

12,000
22,000
165.000
280.000

3 9 .0 0 0

RANGE FOR YEAR 1922.

PRI CES IN JANUARY•
Jan. 2 .

91%

J a n . 31.

L ow est.

Sale P r ic es .
S ale P r ic e s .
4
I Sale Prices.
Feb
2
105
106% 105 % Jan . 13 106 % Jan . 22 102
Jan
6
4 68
7 8 % J an . 22 8 0 % J an .
79% Sale
Jan . 28
92
94
J an .
4 97% Jan. 8 80
87
J an .
4 4 * % N o v . 24
5 0 % Jan . 10 52
51% Sale
6 2 % A p r. 20
13
Jan . 16
107
J an . 10 101
Jan .
104% 107 % 107
9
9 7 % J an .
6 87% Jan.
9 5 % 96 % 9 7 % Jan .
75
Jan. 19
9 7 % Jan. 29
8 0 % 83 I 9 5 % Jan .
Jan 21
83
J an .
9 70
8 1 % 8 2 % 8 1 % Jan .
N ov. 13
9 7 % Jan. 31 97
Sale I 9 5 % Jan.
96
Jan
5
78
J an . 19 75
7 7 % , 78
Jan .
74
8 4 % J an . 17 81 % Fob 10
86 I 8 4 % Jan .
84
«7
'f a v
5
8 8 % 98 I____________
68
Jan.
3 6 2 % D e c. 27,
6 4 % 13
Jan .
64

Rid.

73
64
82
59%
66%
64 %
78%
58%
96%
96%
94%
72%
85
87
103%
103%

Sale
64%
Sale
Sale
Sale
Sale
Sate
Sale
97

9 8%
Safe
86%

65

87%

Sale 103% Jan.
106% 103% Jan .

1 0 0 >i

9 8%
97%

9 8 % Jan .
102

108%
109 %
80%
7 8%
79%
99%

Sale 1 07 % Jan .
Sale 108 % Jan.
7 8 % Jan.
Stile
7 9 % Jan.
83
Hale
79 % Jan.
79% J
103% 100 % Jan

1 0 0 % Jan .

86 %

10 2 %
79
87
91 %
77%

A tlg.
S ept.
S ep t.
A p r.
A p r.
O ct.
O c t.
M ay
S ept.
S e p t.
S ept.
S ept.
S ept.
S ept.

17
15
27
18
29
2
4
4
18
2
12
19
11
14

73%
9 5 % J an . 22 9 7 % J an . 5 9 0 %
94% 95
70%
81
99%
9 9 % .......... I............................
106
Sale 106 % J an . 8 107 % J an . 23 104%
8 9 * * ,.......... I............................
.1 67
91 %
9 6 % Jan .
9 4 % 9 6 % 9 1 % Jan.
73%
81
J an .
7 7% 78 I 77
J an .
87%
9 1 % J an .
91
Sale
90
Jan .
111%
115
J an .
Sale 112 % J an .
114%
103
105
68%
7 2% 7 3 % 7 2 % Jan . 30 7 5 % Jan.
99%
101 % 102% 101 % J an . 12 1 02 % J a n .
89
9 6 % 99
88 %
88

8ft
82
86%
80%
94

F eb
6 91
O c t. 27 91 %
M a y 17 9 0 %
Feb. 9 8 6 %
Jan . 20 9 8 %

A ug. 7
O c t. 24
O c t. 24
M ay 2
A u g . 17

F eb. 3 85
F eb. 1 4 9 2 %
F eb . 1 102%
Jan . 0 103%
N o v . 3 103
Jan. A 90
Jan . 12 8 2 %
Jan . 4| 8 4 %

S ept.
S ept.
S ept.
S ept.
N ov.
A ug.
J u ly
A u g.

N ov. 4 85%
6 1 05 %
Jan.
Jan. 25 9 9 %
D e c . 2 95
Jan . 26 9 4 %

A u g. 29
A p r. 11
A u g . 31
D e c. 2
7
J u ly

8 8 % J an . 20

85%
98%
97%
80%
7 8 % SO
9 2 % 9 4 % 91 %
99 h 100 % 9 9 %
______
„
101 % 101% 101
101 %
85%
84%
77%
78%

80 h

8

Jan .
Jan .
Jan .
J an

8 2 % Jan.

17 95

97%
105 %
84
93%
87%

81
5 104
92
J a n . 17 95
90%

Jan .
Jan .
2 90
June
J an . 10 100
M a r.
J an .
4 77
J a n . 25 84 % Jan .
J an .
8 8 1 % Jan .
78
Jan.
7 9 % M a r.

9 1 % J a n . 19

86%
94%
100 %
I ll

Jan.
Jan.
Jan.
Jan .

90
98
102%
111%

J an .
Jan.
Jan .
J an .

7 4%
Sale
85
Sale

73%
80
84
50%
48
43

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

75%
80
88
58
53
45

Jan.
Jan .
Jan.
Jan.
J an .
Jan.

89
98%
99%
75
89
93
9 8 % 9 9 % 99
9 8 % _____ I 9 7 %

Sale
98%
100
80
-------95
Sale
99%

87%
98%
99%
75
89

Jan.
Jan.
Jan .
Jan.
Jan .

90%
98%
100
79
90

187.000 9 9 % 100 | 9 9 % 100
1.415.000 103 % Sale 11 04 % Sale
5 5 % Sale
4.674.000 5 6 % Sale
5.000

9 9 % Jan.
103% Jan.
5 4 % Jan.

S e p t. 8
S e p t. 6
S e p t . 12
A u g . 19
A u g . 17
S ep t. 12
8 3 % O c t. 20

28 9 9
22 1 0 5 %
4 87%
28 94
30 9 2
10 8 5 %
20

23

100
Jan .
1 04 % J an .
5 7 % Jan .

9 3 % S ept. 25

M a r.
Jan.
M ay
M ay
M ay
D ec.
Jan.
Jan .
Jan .
M a r.
Feb.
9 3 % S ept.
S ept.
70
M ay
67

Jan.
3
J an . 24
J an .
8
Jan.
9
J an . 22

9 9 % J an .

9 0 % D e c . 15

3i 9 3 %
3 103 %
9 103%
10 113%
9 87
82
84
85
52%
48%
62
93%
78
74

A u g.
S ept.
S ept.
S ept.
M ay
M ay
M ay
A p r.
O ct.
O ct.
M ay
S e p t.
Jun®
M ay

82
95%
95%
77%
88
93%
93%
93

Jan .
Jan .
M a r.
N ov.
Jan.
A p r.
Jan.
Jan .

5 93
4 100
3 102 %
29 87
26 9 2 %
17 100%
16 100%
4! 9 9 %

Ju ly
M a r.
O ct.
Jan .
A p r.
O ct.
O ct.
O ct.

95
100 %
53%
57

J an .
Jan.
N ov.
M a r.

20 100
J u ly
10 108
A ug.
14 6 9 % A u g .
21 57
M a r.

6 83%
4 89%
3 99
6 107
87
10 72
8 76%
5 74%
17 4 2 %
10 4 0 %
16 36

80
76

9 7 % Jan.

12
13
19
21
2
23
21
24

8 5 % J a n . 18 7 6 % F e b . ' l l 8 8 % S ep t. 15
3 1 07 % O c t. 19
Jan .
105
J an .
8 100

9 1 % Jan . 16

44%

8

5 1 0 6 % Jan .

9 6 % 9 0 % Jan.
104 % Jan .
104
83
Jan.
85
9 2 % Jan .
Sale
8 4 % Jan .
Sale
88
85%
82
8 3 % Jan .
Sale
Jan .
Sale 104

9 1%

8 8 % J an . 20

82%
Jan .
93
Jan .
99%
Jan .
J an . 20 102

8 2 % Jan .
83%
80%
106 % 108% 106 % Jan .
9 6% 98
95
Jan .
87%
93% 95%
93%
9 3 % '9 7 %
95%
103%
78%
9 2 At.
84%
79%
79%
74
85
104 %

4 100
A u g . 11
Jan.
Apr. 12 8 2 % N o v . 29
M a y 5 100 % M a y 4
S e p t. 11
109
heb
92
S ep t. 15
A p r.
98
S ept. 15
Jan.
8 6 % A p r. 28
Jan.
. 9 4 % A u g .22
J an .
A u g . 21
3 117
Jan.
A u g . 17
J an . 9 105
S ep t. 13
Jan . 11! 79
5 102% A p r. 24
Jan.
F e b . 15 9 8 % O c t. 18

76%
84%
92
95
101
J an . 18 88
J a n . 20 7 9 %
76
3 77%
7 8 % Jan . 29 8 1 % J an .

91

87%
Sale
100 %
110 %

89% 89%
9 8 % -------9 9 % 100
75
80
89
_____

109%
86%
99
64%
63
108%
90%
96

A u g . 22
N o v . 2.3 80
D e c. 26 6 9 % A u g . 5
S ept. 12
D ec. 27, 90
D ec. 9 6 0 % A u g . 22
A u g . 22
80
F eb
77
A u g . 23
Jan.
87
A u g. 23
Jan.
60
A u g. 23
Jan
9 7 % O ct.
2
Jan
98
S ept. 22
Jan.
9 5 % D e c. 9
M ar.
81
J an . 30
.Tan
S ep t. 8
91
O c t.
88
A u g . 10
Jan.
S e p t. 25
Jan.
3 no
103
F e b . 17
M ar.
M ar.
101 % M a r. 28
101
O c t.
3
Apr.
A u g . 10
100
July
101% S e p t. 16
Jan.
9 8 % M a y 25
M ay
110% S ep t. 14
Jail.
106
Jan . 4 1 1 2 % O c t. 10
8 7 % S ep t. 18
79
Jan .
8 4 % S ept. 11
78
Jan.
8 7 % S e p t. 21
7 5 % Jan.
105% A u g . 18
94
F eb .

J an .
Jan .
8 3 % Jan.
62
Jan.
6 9 % Jan .
6 7 % Jan .
8 0 % Jan.
5 8 % Jan .
9 7 % Jan .
96
Jan .
9 3 % Jan.
77
Jan .
87
Jan .

Jan .
Jan .
Jan.
Jan .
Jan .
63
Jan.
76
Jan .
54
Jan .
96
Jan .
96
J an .
9 3 % Jan .
7 3 % Jan.
84
Jan .

100 %

S a le P r ic e s .

70
60%
78%
54
62
60
69%
54
92
92%
93%
72
80%
63
99%
105 % Jan .
101 %
104% J an .
101
9 8 % J an . 20 9 6 %
95%
101
J an . 24 96
98%
105
74

72
62%
79%
56
64

86%
943.000 8 7 % Sale
97% 92%
2.1 6 9.00 0 97
1.340.000 101% Sale 100%
315.000 110 % 111% 105
1,000 9 1 %
91%
2.992.000 7 5 % '7 5 % 7 4 %
80% 78%
506.000
83
Sale
1.939.000 84
54
9.2 9 9.00 0 5 2% Sale
Sale
48
305.000 48
44
43
Sale
445.000
93
1,000 9 1 %
75%
7 5% 80
2,000
63%
78
7.000 63
664.000
92.000
89.000
46.000
12.000
46.000
15.000
170.000

H igh est.

L o w e s t.

H i g h e s t.

9

30
14
13
19
9
9
2
17
6
24
23
28
16
16

26
31
24
21

BONDS—STOCK EXCHANGE RECORD

Feb., 1923.]

BONDS
N
E r ie

Y

STOCK

•|
:

E X C H A N Q E '- ^

1923.

$

(C o n c lu d e d ) —

1st consol gen lien g 4 3 ..
Penn coll crust g 4 s_
_
50-yr con v g 4s Ser A . .
Do
rio Ser B . .
G en con v 4s Series D . .
Erie A Jersey 1st s f 6 s___
E rie it P gen gu g 3 4 a B . . .
8erles C ______ __________
E vans it Ind 6 s ............. ..
E t A T H — ist gen g 5 s . ..
M t Vernon 1st gold 6 s . ..
Sul) C o Bch 1st g 5s_____

1996
1951
1953
1953
1953
1955
1940
1940
1926
1942
1923
1930

Sales in
J a n u a ry

J
F

169.000
61.000
229.000
210.000
191.090
56,000

A

A
A

J
1
J
J
A

assum g 6s___ 1924 I
Pen 1st ext 6 s . . ’ 23 J
1st land grant ext g 53___1930 J
C on sold gold 5 s_________ 1913 J
Fla East C oast 1st 4 4 s ____ 1959 J
F onda .1 it G lov 4 t^s..........1952 M
F ort St U O C o 1st g 4 4 s . . 1941 J
F W A D C it y — Ext 5 j^s ..1 9 6 1 J
F t W & R io O r 1st g 4 s____ 1928 J
Frern E lk A M o V 1st 69___ 1933 A

N
J
O
J
O

M N
J

G a lv H ous A Hend 1st 5 s . . 1933 A
Genesee Hiv R R 1st s f 6 . . s '57 J
G a A Aia 1st con s 5 s .O ct - .1 9 4 5 J
G a C ar A Nor Ist gu g 5s -.1 9 2 9 J
G eorgia M idland 1st 3 s ____ 19*5 A
G da V G A N 1st gu 5s___ 1924 M
G o u v A O 1st gu g 5s______ 1942 J
G r R A I ex t s t g u g 4 4 9 ___19 1 1 J
G ran d Trunk of Can 8 f 78. 1940 A
15-yr deb g s f 6 s________1936 M
G ra y s Pt T er 1st gu g 5a___ 1947, J
G rt N o r General 7a Series A _____ 1936
1st A refund 4 4 s Ser A . . 1961
G en m tge Ser B 5 4 s ___1952.
Green Bay A W est deb ctfs A . .
f D ebenture ctfs B ....................... I
G reen b r R y 1st gu g 4 s ___1940
G u Sb I 1st ref A ter 5s g Feb '52
H arlem R A Pt Cues 1st 49. . 1954

9.000
6.000

1.000

2,000
3.000

J

O

J
J
J
O

434 Sale
82 4
43 4
43 4
45
88*4
84 4
844

7.000
14,000

1.000

N

5.000
7.000
20,090
13.0 >9
301.000
825.000

85
Sale
Sale
Sale
Sale
88
874

B id .

H ig b e s t .

Lowest.

Highest.

Sale Prices.

Ask

I 45
814
45

454
82 4
45 4
45 4

45

45 4 464
§7 4 Sale
83 4 _____
834 874

100 ...... 1004 ......
994 ...... 99 4 100
884 ...... 89 4 ..........
914...... 92 _____

Sale Prices

Sale P rices.

Sale Prices

43 4
82
41 4
424
434
87

.1an.
Jan .
Jan.
Jan.
Jan .
J an .

J

O
S
D

H A T ex C Isi g 5s Int gu . . 1
H ou s B elt A T er 1st 5s____1
H E A W T 1st g 5 s . .
1st gu g 5s redeem ____
H ou sa ton R R con g 5s____
H udson A M anhat ser A 5s
A d ju s t Incom e 5 s.
I llin o is C entral— 1st g 4 s . . 1
*
R e g istered .
1st gold 3 4 s ......... ..
E xtended 1st g 3 4 s .
1st gold 3s sterlin g_______
C ollateral trust gold 4 s . . I
1st refunding 4 s _________ l
Purchased lines 3 4 s _____!
C oll tr g 4s L N O A T ___1
15-year 5 4 s _____________ '
15-year secured 6 4 s ____
C airo B ridge gold 4s____
L itch field D iv 1st g 3 s____
L oulsv D iv A T e r g 3 4 s . 1
R e g is t e r e d ............
O m aha D iv 1st g 3s...........
St L ou D iv A T erm g 3 s . 1
G old 3 4 s .....................
S pring! D iv 1st g 3 4 s . . .
W estern Lines 1st g 4 s . .
In d B l A W 1st pref 4 s____ 1
In d 111 A Is 1st gold 4s____
In d U nion gen A ref 5s A . .
Intern A G rt N or— <d j 6 s. 1
>
Iow a C ent 1st gold 5s_____
R efu n d in g gold 4s______
J a m e s F A C lear 1st 4 s___
| £ a l A A G R 1st gu c 5 s ..
• “ •an A M 1st gu g 4s_____
Second 20-year 5s______
K C Ft S A \1 con g 6s____
K C Ft S A M Ry ref g 4 s. .
K C A M R A B ls t g u g 5 s _ _
K a n C ity South 1st g 3s___
R e f A Im p 5s_____ A pril
Kansas C T erm 1st 4s_____
K en tu ck y Central g 4s____
K e o k A D es M 1st 5s_____
K n o x A O h io 1st g 68______
I ake E A W 1st gold 5s___1937
2d gold 5s_____________1941
L ake Sh & M S g 3 4 s _____ 1997
R egistered .............. ...........1997
D eb en tu re gold 4s______ 1928
2 5-year gold 4 s . .................1931 ..
Leh V (N Y ) 1st gu g 4 4 s . 1940 J .
Leh V (P a ) gen con g 4 s ...2 0 0 3 :M N
G en con s 4 4 s ...................2003 M N
Leh V T er R y 1st gu g 5 s . . 1941 A O
Lehigh V ail R R co ll tr 6 s . .1 9 2 8 .
Leh A N Y — 1st gu g 4 s . ..1 9 4 5 M S
Lex A E 1st 50-yr 5s g u ____ 1965 A O
L ittle M iam i geu 4s Ser A . . 1962 ____
L ong D o c k con s g o ld 6s___1935 A
L ong Isl 1st co n g 5 s. .J u ly 1931 y
1st con s gold 4 s . . . J u l y 1931 Q
G en gold 4s.......... ............... 1938 J
G old 4 s................ ............... 1932 J
U nified gold 48__________ 1949 M
D eb gold 5 s______________ 1 9 3 4 J _
20-year tem p d eb 5s____ 1937 M N
G u ar ref gold 4 s _________ 1949 M S
N Sh Bch 1st con gu 5s O ct ’ 32 Q J
Louisiana A A rk 1st 5s____ 1927 M S

235.000
468.000

100

18
30
16
2
2

29

Jan .

9 1 4 Tan.
87 4
88 4
85 4
8 7 4 8 5 4 Jan .
79
Said
68
72
.......................1 7 7 4 ______
118,090 1 0 3 4 1 0 1 4 1 0 2 4 1 0 3 4 103
Jan
42.009 83 4 85
84 4 90
85
Jan.
68.000 1 0 6 4 .......... 1 0 8 4 ............ 1 0 7 4 Jan.

21.000 934 ___
12.000
27 0 )0
555.000
19.000
34.000
43.000
9 9 .0 0 0 ,

9 1 4 98
85 4 86 4
87 4 Side
80 4 83 4
90 4
95
6 9 4 62
99
99 4

D

Val 1st con g 4 4 s - l
H o ck egistered.............. ......- 1
R




Ask.

L o w e s t.

Jan. 31.

45 4
84 4
454
454
47
894

Tan.
Jan .
Jan .
Jan.
Jan .
Jan .

30
13
29
22
11
2

39 4
79
34 4
32
34 4
78 4
844

Jan.
58 4
Jan.
89 4
Jan.
55
544
Jan.
Jan.
59
Jan. 25 1 0 6 4
D e c. 27 87

A u g.
A ug.
A u g.
A u g.
A u g.
M ay
Sept .

21
14
23
23
23
31
1*

A
A

argo it
F la C en t So
it

G al IT «t San Ant5 1st 5 8 ..1 9 3 1
2d guar rixten s ______ 1931

J an . 2.

Bi'l
12,509.000
280.000
4.01 1.000
4.1 9 6.00 0
4.1 13.000
619,000
13.000

RANGE FOR YEAR 1922.

PRICES IN JANUARY-

Sales in

1922.
(12 runs.)

19

............ 1 90 4
2.2 9 3.00 0 1 1 2 4
6 . U 2 .0 0 0 1 0 J 4
............ I 84
I

964
964
85 4
80 4
904
61 4
99 4

964

93
89 4
Sale 1 1 3 4
103 4
Sale
-------- 8 1 4

99 4
874
86
83
92
644

984
97
85 4
86
804

15
29

13 103
25 85
16 109
99 4
97
874
884
834

Jan.
Jan.
Jan.
Jan.
Jan.

6 1 4 Jan. 25

92 4
Sale 112 4 Jan.
Sale 1 0 2 4 Jan.
------

14.517.000 I 1 0 4 1 1 0 4 103 4 Sale 103 4 Jan.
1 .8 2 3 .0 )0 9 ) 4 Sale | 9 0 4 9 1 4 9 ) 4 Jan.
1 0 0 4 Sale
12.970.000 I 0 2 4 Sale
1 0 0 4 J an .
61
70
104 114
9 4 Jan .
83 4 ..........
8 0 4 8 3 4 8 1 4 Jan .
7 5 4 7 8 4 7 8 4 J an .

99 4
96
89
9 1 4 Jan. 15 82 4
88 4 Jan.
3 | 804

6100

Jan .

6

Jan . 13 101 4
Jan. 2 5 1 79
Jan. 22 1 0 7 4
Jan .
8
Jan. 25
Jan. 23
Jan. 29
J an . 19

6 4 4 Jan. 10

114
105

22

1 2 4 J an .

10
17

D e c.
O ct.
Apr.
O ct.
O ct.

M a r. 30 1 0 « 4 Aug. 2
F«b. II 8 6 4 N o v . 3
M a r. 1 1 :1 1 1 4 O c t. 11

94 4 Jan.
92
Jan.
M ar.
79 4 Jan.
71
F eb.
84
M a r.
58
Jan .
97
J an .

9

8 8 4

874
954
67 4
64

84 4 Jan . 18
7 8 4 J an . 17
86

8 99 4
18 99 4
28 89
24 91 4
11 9 1 4

10]
12
8
16
28
9
9
23

99 4 D e c .
98
Apr.
J u ly
9 7 4 A ug.
85
O c t.
91
A p r.
63
F eb.
9 9 4 D ec.
9 7 4

19
»7
28
29
23
19
lfl
12

8 8 4 June 21 95
O c t. 20
10s
A p r. 12 1 1 4 4 M a y 1
100
Jan.
7 106
S ep t. 6

Jan.
J an .

30 1 1 1 4 Jan . 17
33 92 4 Jan . .11
33 1 0 2 4 Jan. 12

84 4 J a n . 12

D e c.
Jan
A pr.
Jan
Jan.

J an . 25

F eb . 1 1 1 3 4 S e p t.
M ar. 13 96
S ep t.
M ar. 25 106
S ep t.
A p r. 3 7 0 4 A p r.
Jan. 17 1 7 4 A u g .

86
O c t. 11
8 2 4 N ov. 4

Jan .
Jan .
8 1 4 J an .

12
11
12
10
24

«

90

8

92
J an .
6
9 6 4 Jan . 15

9 7 4 Tan. 26
9 6 4 Jan . 15

8 2 4 Jan . 26
6 1 4 J an .
2

84 4 Jan.
5
64 4 J an . 12

75
Jan .
4 7 4 Jan .

88 4 S ep t. 12
6 7 4 S ep t. 18

8 3 4 F e b . 20

96

7 7 4 J an . 18

83

834
84 4
79
80
101
1094
87
73
764

Jan.
Jan .
J an .
Jan.
Jan .
Jan.
Jan .
Jan .
Jan .

854
884
79
83
1024
I ll
87
73
79 4

6 8 4 Jan . 10

Jan . 26
Jan.
Jan.
Jan .
Jan .
Jan.
J an .
Jan .
Jan .
Jan .

764
824
81
80 4
8 2 4

784
77 4
964
994
814
634
734

A p r. 25 9 4 4
Kef*. 3 96
A p r. 20 94
M a y 26 94 4

S ep t.

934
81*4
94
944

7 7 4 Jan . 12

80

Jan.
M ay
F eb.

Jan.
Jan.
F eb.
Feb.
F eb.

Jan . 22

98
J an . 18 99
4 1 4 Jan . 19 4 8 4
73 4
384

J an . 16
J an .
3
Jan .
Jan .

844
92
46 4
69
32

8 5 4 J an . 23

Jan . 12

8 0 4 J an . 27

784
96 4
102 4
77 4
95
674
85
81

Jan.
Jan .
Jan .
Jan.
Jan .
Jan .
Jan .
J an .

87
79 4
97
1024
79 4
95
684
89 4
834

Jan .
Jan .
Jan .
Jan.
8 8 4 Jan .
63
Jan.
83
M a r.
7 7 4 F eb.
7 9 4 F eb .
72
Jan .
9 8 4 J an .

92
Jan .
1 0 1 4 J an .
94
Jan .
2
8 5 4 Jan . 13
7 6 4 Jan . 25
924
924
95
80
89

1 0 2 4 Jan . 23 105
9 8 4 Jan.

3

84

J an .

804
94
834
79

J an . 10
Jan .
4
J an .
3
Jan . 26

2

994

Jan.
J an .

8 5 4 Jan .
81
94
854
83

23
2'
28
8
18

89
99 4
554
85
504

S ep t. ~6
S ept. 23
June fl
S ept. 18
A p r. 26

89

O c t.

9

M a y 13
J u ly 19
A p r. 29
S e p t .13
S ept. 13
J u ly
8
S e p t. 14
864 S ept. 12
A ug. 17
86
94 4 A ug. 31
1014 N ov. 6
S ept.
A ug.
A ug
A ug.
A u g.
S ept.
97 S ep t.
90
A p r.
93 4 A u g.
103 4 D ec.
105 4 D ec.
A ug.
86
100 A p r.

109
914
894
77
81
734
824
734
72
894
78

June
M ay
June
Jan.
N ov.
F eb.
M ay
M a r.
Jan.
Jan.
Jan.

109
100
90
894
824
82
95
874

6

23
23
11
27
IS

83
97
104
84 4
95
72
94 4

Jan .
Jan.
D ec.
D e c.
Jan .
Jan.
Ju ly
F eb.
Jan .
Jan .
Jan.
A p r.
Jan .

J an .
3
Jan .
4
J an . 27
J an .
2

9

13
24
22
17
16

A u g.
O ct.
D ec.
Ju ly
S ept.

85
77
74
714
894
88 4
904
77 4
85
984
1004
834
6 93

97
J an . 22
86
J an . 5
7 8 4 Jan . 12

Jan .
Jan . 16 96
J an .
Jan . 25 93
J an .
J an .
3 97
J an .
2 8 1 4 Jan .
J an . 25 9 2 4 Jan .

N ov.
M ar.
D ec.
F eb .
Jan .

754
91
101
724

Jan.
Jan .
Jan.
Jan.
J an .
Jan .
Jan .
Jan .

25
13
20
18
14
28

71
76 4
80
78 4
864

Jan . 29

83

Jan. 22

S ep t. 14

85
A u g.
82 4 O c t.
83 4 M a r.
95 J an .
9 1 4 J u ly
81
D ec.
8 1 4 S ep t.
1 0 3 4 S e p t.
113
A ug.
93
A u g.
74 4 O ct.
81
S ept.

M ay
O ct.
M a r.
Jan.

6 8 4 Jan . 10

83

A p r. I I
June 6
A p r. >0
M a y 26

99
874
814
80 4
96
94 4

15
10
18
31
19
14
5
19
29
18
27
24
28

June 22
A u g . 15
June 23
J u ly 25
M a y 24
S ept. 26
S e p t. 6
S ept. 15
A u g . 23
9 7 4 A u g . 31
A u g . 30
96

BONDS-STOCK EXCHANGE RECORD

20

Sales in

BONDS
N

Y

PRICES IN JANUARY.

1922.
(12 mos.)

STOCK EXCHANGE.

Jan. 2.
Bid.

L ouisian a & N W 5s_______ 1935 A O
L o u & J eff B rid ge g u g 4 s -.1 9 4 5 M S
L ou isv & N a sh v— G o ld 5 s . 1937 M N
U n ified gold 4s___________ 1940 J J
R e g is t e r e d ____________ 1940 J J
C o ll trust gold 5s_________ 1931 M N
10-year secured 7s_______ 1930 M N
1st & ref ser A 5 % s ______ 2003 A O
N O & M 1st g 6s________ 1930 J
2d gold 6s_____________ 1930 J
P a d & M em D iv 4s______ 1946 F
St Louis D iv 2d gold 3 s . . 1980 M
L & N M o b & M 1 s tg 4% S-_ ’ 45 M
L & N -S ou M o n jo in t 4 s . .1 9 5 2 J
R e g i s t e r e d _____ J u ly 1952 Q
L ou is C in & Lex g 4 % s -------1931 M N
ahon C oa l R R 1st 5s
1934 J J
anila R R — Sou lines 4S.1939 M N

M

_

M a n ito S W C olon iz g 5 s _ . 1 9 3 4 J D
M a n G B & N W 1st gu 3 % s _ _ ’ 41 J J
M ex In tern a t 1st con s g 4 s . 1977 M S
M ich ig a n C entral 5s_______1931 M S
R e g is t e r e d _______________1931 Q M
4s_________________________ 1940 J J
J ack L & S gold 3 % s ____ 1951 M S
1st g o ld 3 % s _____________ 1952 M N
20-year debenture 4 s____ 1929 A O
M id o f N J 1st ext 5 s_______1940 A O
M L S & W est E x t s f 5 s . . . l 9 2 9 iF A
A sh land D iv 1st g 6s___ 1925 M S
M ich ig a n D iv 1st g 6s___1924 J J
M il & N or 1st ext 4 % s -------1931 J D
C ons ext 4 % s ____________ 1934 J D
M il Spar & N W 1st g u 4 s _ . ’ 471M S
M i l w & S L l s t g u 3 % s -------19411J J
M in n & St L 1st gold 7 s . ..1 9 2 7 J D
1st con s gold 5s--------------- 1934 M N
1st & refu nd gold 4s.......... 1949 M S
1st & ref os Series A _____ 1962 Q F
M St P & S S M co n g 4s s tp d
|
p a ym en t o f in t g u a r ..1 9 3 8 J J
1st con s 5s_______________ 1938 _____
10-yr co ll tr g 6 % s . .......... 1931 M S
M S t P & S S M & C ent T erm
1st C h ic T erm s f 4 s . . . 1941 M N
M S S M & A tl 1st g 4s stp d
p a ym en t o f in t g u a r . .1 9 2 6 J J
M ississippi C en t 1st 5s____ 1949 J J
M o K & O k 1st gu 5s---------- 1942 M N
M o K a n & T e x — 1st g 4 s . .1 9 9 0 J D
2d gold 4s_________ June 1990 F A
T ru st C o ctfs o f d e p o sit___
1st & refu nd m tg e 4s____ 2004 M S
G en eral s f 4 % s _________ 1936
T ru st C o ctfs o f d e p o sit___
J
2-year 5 % notes extd tr rects
M o K a n & T e x Ry (new c o ) —
P rior lien 5s Series A ____1962 J J
4 0-yea r 4s series B ______ 1962 J J
10-year 6s series C ----------1932 J J
C u m a d ju st 5s series A . .1 9 6 7 J J
M issou ri P a cific (new c o )—
1st & refu nd 5s Ser A ____ 1965 F A
1st & refu nd 5s Ser C ____1926 F A
1st & ref 6s Ser D ________1949 F A
G en eral 4s_______________ 1975 M S
M o P a cific 3d 7s ext at 4 % 1938 M N
M o b & B irm p r lien g 5s___1945 J J
M ortg a g e gold 4s_______ 1945 J J
M o b ile & O h io new g 6s— 1927 J D
1st extension g 6 s ..J u l y 1927 Q
G en eral gold 4s_________1938 M S
M o n tg o m D iv 1st g 5 s . .19 4 7 F A
St L ou is D iv ision 5s____1927 J D
M o b ile & O c o ll tr g 4s____ 1938 M S
M o h & M a i 1st gu g 4 s____1991 M S
M o n t C 1st gu gold 6s____1937 J J
1st gu ar g old 5s_________1937 J J
M o r & E 1st gu 3 % s _____ 2000 J D

2,000
1,000
1,000
151,000
38,000
396,000
2,000
24.000
3,000
32.000
15.000

119,000
3,000

3,000
13.000
4,000
13.000
17.000
116,000
57.000
58.000
10.000
183,000

Sale
83

77%

Sale

90 M Sale

- - --

109 1
]
Sale
104%

-

88
61%
80%

97%

90

1 , 120,000

82
Sale
92
94
Sale
92%
92%
88%
86

---- ---

74%
Sale
Sale
Sale

104 % Sale
92%

97

76
80
102
89%

Jan.
9 77
Jan . 15 80
J a n . 13 102
Jan . 18 9 1 %

Jan.
2
Jan . 15
Jan. 13
Jan . 4

106
Jan . 25 1 0 8 % Jan.
Jan .
1 0 3 % Jan . 10 105
101 % Jan.
9 1 0 1 % Jan .
84 %
60 M
97 %
77%

%

86
61%

79%

98% . . .
65 M 6 7 %

6 0 % Jan .
8
96
Jan. 18
7 9 % Jan .
9

63
Jan .
96
Jan .
8 0 % Jan .

97

8

97

Jan .

8

6 4 % Jan .

6

6 4 % Jan.

6

9 7 % Jan. 11

91
82
82
91%

Sale
Sale
Sale
86
105
Sale
Sale
37%

8 8 % Sale
9 9 % Sale

8 1 % Jan . 22
9 0 % Jan . 24

82
91

9 9 % Jan .
92%
92
87%
75 %
01
75
37%
37

Ju ly
Jan .
A p r.
Jan .
M ay
O ct.
F eb.
M a r.
F eb.
A p r.
Jan .
Jan.
M ay
Jan.

20
9
28
5
20
27
25
7
27
6
16
11
17
3

38,000

512.000
2.557.000

78% D ec. 4
S e p t. 19
85

102 % M a y 23
95
94
101%

110

107 %
105 %
101
91%
67%
97
86%

9 9 % Jan .

4

Jan.
2
Jan . 17
4

8 8 % Jan. 17

9 0 % Jan . 13

8 8 % Jan .

89

5

7 4 % Jan.
37
Jan.
35
Jan. 12

Jan .

6

76
Jan . 29
3 8 % Jan . 10
3 7 % Jan. 30

-------92
_____
Sale

J u ly
7
A u g . 22
J une 1
O c t.
7
Ju ly 28
J u ly 20
J u ly 14
June 2
A u g . 30
A u g . 25
S e p t .15

9 4 % J an . 30 9 8 % A u g . 28
96
M a r. 14 1 0 2 % A u g . 28
59
A p r. 8 70
A ug. 4
9 0 % J an . 31

99

S e p t. 21

9 9 % O c t. 26 100

98
87%
81
81%
91

88%

93
8j 106%
171 100 %
20 102 %
89%
80
9 58
18 9 2 %
16 74

Jan .

9 5 % Jan . 25

72%
77
80%
87%

82%
70%
76%
86%
93
98%
101 %
100%
84%
85
85%

O ct.

93

Jan .
A p r.
Jan.
Jan.
July
M a r.
N ov.
D ec.
M a r.
A p r.
M a r.

81%
81%

93%
100%
101%
100%
100
94%
93

O c t. 18
O c t.
2
A u g . 18
A u g . 11
N o v . 13
O c t.
4
N o v . 15
D e c . 22
S e p t .27
A u g . 30
S ep t. 14

Ju n e 19
101
Jan. 31 104
Ju n e 2
6 9 % F e b . 1 83
31
Jan . 28 5 0 % A p r . 27
30
Jan . 31 50
A p r . 28

J an .
5 8 5 % J an . 7 9 1 % A u g . 30
8 7 % J an . 30 90
Ju n e 16
9 8 % J an .
5 9 9 % Jan . 10 9 6 % F e b . 21 105
106
J an .
5 100 % J a n .
4 106
D e c . 19
1 0 3 % Jan . 30

94%
82%
78%
74
48%
48%
73

70%
89%

93

O c t. 13

J an .
6 98
D ec.
F e b . 16 8 8 % N o v .
J an .
6 9 4 % S ept.
J an .
3 8 4 % S e p t.
J an .
6 6 8 % May
Jan .
5 78
N ov.
J an .
6 90
N ov.

21
13
20
14
2
2
1

9 6 % Jan . 16

Jan . 15

94
Jan . 15
7 8 % Jan . 18

94
Jan . 15
8 0 % Jan .
3

70%
87

7 0 % Jan. 11
89
J an . 12

7 1 % J an . 23
89
Jan . 12

69%
79%

68

6 8 % J an . 15

70

J an . 30

44
June
5 8 % Jan .

77
93

S e p t .15
O c t.
7

8 3 % Sale
68
96% 96%
6 0% Sale

9.968.000
4.151.000
15.054.000
52.467.000

81
Sale
6 6 % 67
9 5 % Sale
6 0 % Sale

80%
66%
95
59

Jan.
Jan.
Jan .
Jan .

83%
67%
96%
61%

Jan .
Jan .
Jan .
Jan .

76%
62
89
43%

J an .
Jan .
Jan .
Jan .

89
75
99%
65%

S ep t. 11
S ep t. 13
S ep t. 11
S ept. 8

Sale
97%
Sale
Sale

86 % Sale

86
95%
94%
59%

Jan.
Jan .
Jan.
Jan .

86%
96%
99
63%

Jan.
J an .
Jan .
Jan .

84
90%
98
59%
76%
73%
73%
101%
97%
67%
86%
87%
66%
82%
1 09 %
99
76%

N ov.
Jan.
D ec.
Jan.
Jan.
A p r.
A p r.
F eb.
A p r.
Jan .
F eb.
Jan .
Jan .
Jan.
Jan.
F eb.
N ov.

86%
! 96%
98%
62%
82
91%
73
103%
100%
74%
94%
94%
77%
86
114
101
77

4.000
1.000

Sale P r ic es .

8 8 % June 20

440.000
735.000

4,000
20,000

Sale Prices.

96%
91
94
78%

7.000
1.000

17,000
5.000
2.000

H ig h es t.

Sale P rices.

90%

1,000
2,000
346,000

62,000
162.000
500,000
,258,000

L ow est.

Sale P rices.

96
8 8 % 92
93
7 9 % Sale

135.000
21,000
67,000
6,890,000

651.000
169.000
735.000
,391,000

H igh est.

97

94*4i 9 6 %
76% . . .

104.000 8 7 %
2,000 79
57.000 82
614.000 9 0 %
4.000
12.000 9 9 %
1.000 100%
2,000 1 0 0 %
2,000 8 7 %
27,000 90
237.000 8 7 %
75
21,000 101
401,000
3.161.000 38
2.581.000 3 6 %

153.000

11,000

79

96% . . .

9 8 % ---------

12,000

6,000
16,000

Ask

97
76%

79,000

34.000

Jan. 31.

Ask. 1
Bid.

R A N G E FOR Y E A R 1922.

Lowest.

97
99
9 8 % 102%
67
69%

101,000

M a s h v C h a t & St L 1st 5 8.1928 A O
25,000
FI & Shef 1st gu g 5s— 1937 F A
N a t R y s M e x p r lien 4 % s . - 1957 J J
38,000
G u aran teed general 4 s . . 1977 A O
8,000
N a t o f M e x ico p rlie n g 4 % s l9 2 6 J J
1st con sol gold 4s________ 1951 A O
5,000
N a u ga tu ck R R 4s__________1954 M N
N ew E n g R R con s 4s______ 1945 J J
27.000
1,000
N J June R gu 1st 4s_______ 1986
A
N O & N E ast— R e f & Im p 4 Ms
59.000
J
N ew Orleans T erm 1st 4 S ..1 9 5 3
J 31.000
N O T e x & M e x 1st Ser A 6s 1925
84.000
D
N on -cu m in com e ser A 5s 1935
O 286,000
N p t & C in B gen gu g 4 % s_ _ ’ 45
12.000
J
N Y B & M B co n g 5s______ 1935
O
,314,000
N Y C en t R R co n v d eb 6 s . 1935 M N
166,000
C on sol Series A 4s_______ 1998 F A
171.000
R e f & im p t 4 % s A ______2013 A O
,634,000
R e f & im p 5s____________ 2013
N Y C entral & H ud son R iv er—
122.000
G o ld m ortga ge 3 % s ____ 1997 J J
R e g is t e r e d ____________ 1997 J J
D eb en tu re g o ld 4s_______ 1934 M N
111,000
30-year d eb en tu re 4 s_____1942 J J
20,000
L ake Shore co ll g 3 M s___ 1998
R e g is t e r e d ____________ 1998
2,000
10,000
M ich C en t c o ll g 3 M s ___ 1998
R e g is t e r e d ____________ 1998
1,000
21,000
N Y C h ic & St L 1st g 4s___ 1937 A O
25-year d eb en tu re 4s_____1931 M N
55.000
N Y C on n ect 1st gu 4 M s A . 1953 F A
17.000
N Y & E rie 1st ext g 4s___ 1947 M N
3d ext g o ld 4s % ________ 1923 M S
2,000
4th ext g o ld 5s___________ 1930 A O
5th ext g o ld 4s___________ 1928 J D
N Y & G reen w L guar g 5s -.1 9 4 6 M N
N Y & H arlem g 3 M s ______ 2000 M N
R e g is t e r e d _______________2000 M N
N Y L & W C onstru e 5s___ 1923 F A
T erm & im p r o v e ’t 4s___ 1923 M N
3,000
N Y L E & W ex td 7 s ______ 1930 M S
D o c k & Im p t 5s__________1943 J J
1,000
N Y & Jersey 1st 5s_______ 1932 F A
13,000




686,000 77
410.000 8 1 %
18,000 103
1 , 021,000 91
33.000
192.000 9 9 %
699.000 1 07 %
2 , 010,000 104 %
17.000 1 01 %
10.000 9 9 %
24.000 8 3 %
230.000 6 0 %
25.000 96
297.000 7 9 %

34"666
,

[V ol. 1 1 6 .

7 8%

75
104

1,693,000

331,000

Sale
Sale
Sale
82
78
Sale

100% Sale

98
95
78

7 5%
9 2%

78
94%

104
76

Sale
9 6 % 101%
2 7 % 28

100

37%
25%
68 %
95
88 %
Sale
75
82
80
Sale
77
106 % 100 %
7 9 % 80
89%
95%
Sale 103%
Sale
80%
Sale
85
Sale

39%
27%

Jan . 23

2 I ll
Jan.
2 101
Jan.
Jan. 24 78

Jan .
2
2
J an .
Jan . 24

9 9 % J an . 19 1 0 0 % J a n .
22

Jan . 10

Jan.
Sale 103
8 1 % 8 0 % Jan.
8 5 % 8 5 % Jan.
9 6 % Jan .
Sale

1 05 %
82%
88%
98%

Jan .
Jan .
Jan .
Jan .

75

Sale

88% 90%
8 6 % Sale
87% 87%
99%
91%
89
82
77%
99% . .
99% 99%
103 % . . .
97% . . .
96 % 99

89
82
81
76%
100
78
89%

2 8 % J an .
3 6 % Jan.
2 4 % Jan .

2 6 % Jan.
2 4 % Jan.

97
100 %
4 21%
29%
25%
21%
8

J an .
Jan .
Jan .
Jan .
Jan .
Jan .
Jan .

91
Sale
86% 87%
7 1 % 73
7 1 % 72
7 5 % Sale

Sale
94
9 7 % 98

76

9 4 % J an . 17
7 7 % Jan . 10

89
82
81 %
79%
101
79%
89%

Sale
91
87% 89%
7 3 % Sale
Sale
72
79
77
79
77
89% 90%
86% 86%
8 8 % 89
88
99

99%
9 9 % 100

3 1 04 % Jan . 10

Jan .
Jan.
J an .
Jan .
J an .
Jan.
Jan.

95
79
81
Sale
Sale
Sale

7 6 % Sale

91 %
84
77%

Jan .

Jan . 23

94
Jan. 25
7 7 % Jan . 13

7 8 % 80
82
...
107% . . .
I ll
102% 1 01 % 102% 101
7 6 % 7 7% 78

9 9 % 100%
98% 99%

68%
85%
82
81%
78
100%
79
89
95%
105
92%
88%
98

96
96
60%
80
92%
73%
104%

7 5 % Jan .
73
Jan .
8 9 % Jan.

7 7 % Jan .
73
J an .
9 1 % Jan .

72%
72
75%
75
87%
86%
85%

74%
72
76
75
90%
88%
88%

Jan.
Jan.
Jan .
Jan .
Jan.
Jan.
Jan.

9 9 % J an . 15

Jan .
Jan .
Jan .
Jan .
Jan .
Jan .
Jan .

9 9 % Jan . 15

9 3 % A u g . 28
M a y 15
S ep t. 9
S ep t. 9
S e p t .23
Feb. 5
O c t.
9
M a y 13
N o v . 17
O c t.
9
N ov. 6
O c t. 13
O ct. 10
N o v . 18
O ct. 19
S ep t. 28
101
M a y 16
81

100

1 03 %
69%
85%
79
77
105
101
78%
97
96%
78%
85%
114%

Jan . 4 1 0 3 % A p r .
M ay
M a y 10 101
A p r.
Jan . 3 42
F e b . 21 2 9 % F e b .
F e b . 8 45
M ay
Feb. 7 33% M ay

79
70%
95%
62%
86%
95%
98
78%
§5
93%

J an .
N ov.
J an .
Jan .
J an .
N ov.
F eb.
M ay
Jan .
Jan .
Jan .
June
Jan .
M a r.

A ug.
S e p t.
J u ly
S e p t.
A p r.
Ju n e
A ug.
86 A u g .
92
S ept.
9 9 % O ct.

F eb.
Jan.
Jan.
Jan.
M ar.
June
Jan .
M ar.
J u ly
J une

74%
74%
84
83
69%
70%
71%
72
84%
80
81%
83%
96%
80%

5
24
17
21
10
24

21
3
14
15
11
5
11
24
12
6

83
77%
93
91
79%
73%
81%
78
92%
90
94
87
99%
95%

A ug.
J u ly
S ept.
A ug.
A ug.
J u ly
S ept.
D ec.
A ug.
O c t.
S ep t.
J u ly
O c t.
June

23
7
13
9
23
14
1
18
22
6
19
26
19
2

88
81

F e b . 14
S ept. 22

82
1 03 %
80%
89
95%
1 08 %

%

3
3
5
10
4
28
11
23
6
4
5
13
12
27

8 6 % N o v . 14
7 8 % M a y 16
9 9 % Jan. 11
94
Jan.
2

9 8 % Jan . 10 103% M a y 19
J an .
5 100 % O c t. 11
9 9 % Jan. 20 97
S e p t .14
94
Jan.
2 1 02 % A u g . 2 107

9 7 % Jan.

98

4

Jan. 11

92

J an .

9 100

O ct.

F eb., 1923.]

Sales in
Jan u ary

BONDS
N

Y

STOCK

1923.

EXCHANQE

N Y & L B r gen g 4 s_______1941
N Y N ew H aven & H a rtford —
N o n -co n v debenture 3 % s 1954
N o n -co n v 4s_____________ 1947
N o n -co n v d eben 3 % a ___ 1947
N o n -co n v debenture 4 s. 1955
N o n -co n v debenture 4 9.1956
C on v ertib le d ebent 3 % s .l9 5 6
C on v ertib le d eb en 6s___1948
D eb en tu re 4 s . . . ________ 1957
7s________________ A p ril 1 1925
7s fra n cs_________ A p ril 1 1925
C on sol R y n o n -co n v 4 s . .1 9 3 0
N o n -co n v d eb en 4s___1954
N Y & N orth 1st g 5s_____ 1927
N Y O nt & W 1st g 4 s . June 1992
R eg $5,000 o n ly ___June 1992
G eneral 4 s________________ 1955
N Y P rov & B os gen 4S____ 1942
N Y 4 P ut 1st con gu g 4 s . . 1998
N Y & R o B ch 1st g 5s____ 1927
N Y S u s q & W 1st ref g 5s___1937
S econd gold 4 % s ________ 1937
G eneral gold 5s__________1940
Term inal 1st gold 59____ 1943
N Y W ’ches & B 1st 4 % s ..1 9 4 6
N o rfo lk Sou 1st & ref A 5 s . 1961
N o rfo lk & South 1st g 5 s . . 1941
N o rfo lk & W est gen g 6s___1931
Im p rov em ’ t & ext g 6 s ..1 9 3 4
N ew R iv er 1st g old 6s___ 1932
N o r & W R y 1st c o n g 4 s . 1996
R e g is t e r e d ____________ 1996
D lv 1st & gen g 4s____ 1944
C on vertib le 4 % s ______ 1 9 3 3
10-year con vertib le 6s_ 1929
P oca C & jo in t 4s_____ 1941
N orth O h io 1st gu g 5s____ 1945
N o rth P a cific— P rior 4s___1997
R e g is t e r e d ______________ 1997
G eneral lien gold 3 s. Jan 2047
R egistered ________Jan 2047
R e f & im p 4 % s Ser A ___2047
R e f & Imp 6s Series B ___2047
5 s________________________ 2047
St P a u l-D u l D lv g 4s___1996
St Paul < D u lu th 1st 5 s. 1931
fe
1st con sol gold 4s_____ 1968
N o r P T er C o 1st g 6s_____ 1933
N o r o f C al gu gold 5s_____ 1938
N o rth W iscon sin 1st 6s___1930
g & L Ch
O hio C onn

1st gu g 4s------ 1948
R y 4s_________ 1943
O I < W 1st pref 5 s .A p r ..1 9 3 8
fe
O h io R iv e r R R 1st g 5s___1936
General gold 5s_________ 1937
Ore & C al 1st gu g 5s_______1927
Ore R R & N a v con g 4s___1946
Ore Short Line—
First con sol g old 5s_____ 1946
Guaranteed con 5 s _____ 1946
G u ar refu nd g o ld 4 s____ 1929
O regon -W a sh 1st & ref 4 s . .1 9 6 1

2,000
47.000
8,000
30.000
110,000
25.000
523,000
86.000

A
M
M
J
M
J
J
M

O
S
S
J
N
J
J
N

F
J
A
M
M
J
A
A
M
J
F
F
M
J
F
M
W
J
F
A
A
A
J
M
M
J

A
10,000
J
O
38,000
S
8
27,000
D
O
O
S
12,000
J
A
1,000
A
3,000
N
339,000
J
A
89,000
N
6,000
9.000
N
2.000
A
O
255,000
O
O
J
12,000
S
1,000
233,000
S
D
34,000
O
611,000
J
3.000
J
452.000
F
F
1.000
86,000
J
J 2,145,000
846.000
J
D
A
D
J
O
J

J
M
Q J
J D
A O
J J
J D
J
J
J
J

D
J

M S
F A
J D
J D
A O
M N
A O
Apr
J J
J J
M N
J J
J D
A O
A O
M N
M N
F A
J D
M N
F A
F A
M N
J D
A O
J J
J J
A o
J J
M N
M N
M S
M S

O e a d i n g C o gen g o ld 4 s . . . 1997
R e g iste re d ____________ 1997
Jersey C en tra l c o ll g 4 s . .1 9 5 1
R en s & Saratoga 6s_______1941
R ich m on d & D a n 5s_______1927
R ic h & M e e k 1st g 4s_____ 1948
R ich m on d T e r R y 5s_____ 1952
R io G r June 1st gu g 5s___1939
R io G r S ou 1st g 4 s_______1940
G u a r a n te e d _____________ 1940

J
J
A
M
A
M
J
J
J
J

J
F
J
I
F
M
M
M
F
J
J
A
F

D
A
J

16,000

503.000
112.000
44,000
673.000
566.000
5.501.000
1.147.000
15.000
400.000
15.000
23.000
3,000
862.000

32.000
118,000
273.000
473.000

1.000
1,000

J

10,000
,519,000

1,000
51.000
78.000
651.000
796.000
342.000
676.000
1,000
2 , 0 00
2,000
32.000
35.000
153,000
2 2 .0 0 0
17.000
35.000
10,000
1,000

49,000
304.000
30.000
428.000
22.000
7.163.000
1.056.000
123.000

12,000
10,000

15,000
2.470.000

611,000
2,464,000
503,000
76.000
3.000
65.000
15.000
3.000
64,000
7,000
19.000
1,286,000
409.000

Ask. Bid.

87%
51
44
44
50
49
44
72 %
40%
79
68
50
50
99%
69

A sk.

L o w e st.

Highest.

Lowest.

Highest.

Sale Prtc«*.

Sale Prices.

Sale Prices.

Sale Prices.

5,000
44.000
26.000
23.000
237.000
99.000
851.000
2.550.000
1.792.000
390.000
35.000
1.345.000
87.000
133,000
8,000
14.000
4.000
13.000
5.000
2.000
1,176,000
2,000
3,000

3,000

22,000
15,000

1,000
46,000

70
8 2 % '8 5 %
96
57%
53
45
48
46
45
90
5 0 % Sale
Sale
65
9 0 % 94
108%
108%
108%
9 3 % Sale
81
' 62"

55
70
82%
96%
53
41
45
84%
47%
6 5%
90%
108%
108%
107%
90
81
85%
107%
113%
87%
79
84%
82%
6 0%
58%
86 %
107%
99
87
99

6 2 % Sale
59
60
90
92
109
Sale
9 9 % Sale
8 4 % _____
9 8 % -------8 4 % -------1 0 9 % _____ 110
101
_____ 101%
1 0 4 % _____ 104%
6 9 % Sale
88
8 9 % -------9 6 % 99
9 1 % 95
9 9 % 100
8 7 % 89

___

68%
90%
96%
92%
99
86%

62%

83
89%
92
Sale
Sale
98
Sale
Sale
Sale
Sale

78
85%
96
90%
67
99%
89%
89%
97%
90%
99%
110%
109

58
45
46%
90
Sale
Sale
93%

Sale
92

53
55%
99
79

O c t.
A p r.
O ct.
A ug.

20
20
19
14

7 1 % S ep t.

1

Jan. 25

7 0 % Jan .

6

6 3 % Jan . 17

7 0 % Jan .

3

65
77%
96
54
44%
38%
83%
33
50
79%
104
106
104 %
84

D e c . 19

85%
99%
72
56
60
90
59%
71
95%
109 %
109%
109
94%

5 1 % Jan. 25

5 5 % Jan . 15

Jan.

4 5 % Jan.

46
63%
90%
108%

Jan.
Jan.
Jan.
Jan.

50%
67%
90%
1 08 %

Jan .
Jan .
Jan .
Jan .

90%
88%
85%
108
111 %
87%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

93%
90
86%
108
113%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

87
83%
62%
59%
90%
1 09 %
101

Jan.
Jan.
8 3 % lJ a n .
Jan .
9 2 % M a r.
Jan .
103 % Jan.
Jan.
Jan.
Jan. 23 84
68
Jan.
84
F eb.
Jan .
Jan.
84
Jan.
60
F eb.
Jan .
58
N ov.
Jan.
86
Jan.
Jan.
104 % A p r.
Jan .
96% N ov.
Jan.
7 9 % M a r.
9 9 % M a r.
Jan .
4 8 2 % A p r.
107
M a r.
96
Jan .

4

84%

6 9 % Jan.

2

71

Jan .

4
2
5
9
9

6

Jan . 13' 9 8 % Jan . 15
9 9 % Jan . 26 100
Jan . 12
87
Jan . 23j 8 7 % Jan. 15
Jan .
3 1 04 %
Jan .
3 105
Jan . 19 9 2 %
Jan . 17 82

Jan .
Jan .
Jan .
Jan.

9 0 % Jan.
6 6 % Jan.

9 0 % Jan.
7 3 % Jan .

93%
9 3 % 9 3 % Jan .
90
90%
89
Jan.
98%
Jan.
9 7 % 97
Sale
91
Jan.
96%
Sale
9 9 % Jan. 29 101%
Sale 109% Jan. 26 1 10 %
109% 109
Jan. 30 1 11 %

Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan .

83

Jan . 16

93
87
78
28%
98
82%
92%
49%

Jan . 26
Jan.
5
Jan . 13
Jan. 4
Jan .
2
Jan. 10
Jan .
3
Jan.
9

9 5 % Jan .
8
9 4 % Jan . 16

6

96
90
95%
83%

M a y 11 99
F e b . 6 98
Jan.
5 1 02 %
J an . 4 9 3 %

96%
97
86%
77

A u g . 18
Jan .
4 106
A u g . 14
F e b , 23 108
J an . 4 9 5 % A u g . 18
S e p t. 9
Jan .
5 86

81%
72%
76%
82
84%
82
70%
22%
88%
75%
88%
41 %

Jan.
M a r.
F eb .
M a r.
N ov.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

N ov. 2
J u ly 17
N ov. 9
S ep t. 6

9 0 % July 23
O ct. 28
89
O c t. 18
A u g . 10
93
A p r. 13
85
9 9 % N o v . 10
D e c . 12
95
93% A ug. 9
9
1 01 % O ct.
A u g . 23
95
103 % A u g . 21
113 % S ept. 8
A u g . 23
5|112

100

July
7S 8 4 %
3, 85
Jan.
M a r. 31 8 1 %
July 31 8 3 %
93
Jan.
Jan.
91%
83
Jan .
39
Jan .
101%
Jan.
85
M a r.
93
D ec.
59
Jan.

O c t.
A ug.
July
N ov.
S ept.
A ug.
A ug.
June
S ept.
A ug.
O c t.
A p r.

7
18
13
13
20
10
7
7
1
18
17
19

98
98
95%
91%
91
93
87%
88
96%

A ug.
A ug.
O c t.
M a r.
A ug.
June
N ov.
N ov.
N ov.

8
8
9
9
8
29
21
24
17

8 8 % Jan.
Jan .
M a r.
F eb.
M ay
Jan .
O c t.
O c t.
F eb.

3
18
18
24
29
19
17
11
18

A u g. 25
90
J an .
4 101
N o v . 23
97
M a r. 29 99
1 1 0 % A u g . 29 110 % A u g . 29

9 9 % Jan . 24

9 5% F eb.

3 8 % Jan .

98
26

8

7 5 % July 27

Jan . 30

89%
84%
89%
84
85
87
89%
9 9 % Jan .

S ept. 13
A p r. 7
S ept. 8
S ep t. 13
M a y 23
S e p t .15
S ep t. 13
A u g. 8
June 2
S ept. 7
S e p t .12
S ept. 14
M a y 10
S ept. 18
M a y 13
June 15
J an . 14

66

75
83%
91%
90
66%
96%
87%
85%
92%
85%
93%
105 %
103 %

7 9 % Jan .
8 6 % Jan.

92
Sale

9
3
8
3

N o v . 21
S e p t. 9
A u g . 16
O ct. 11
A p r. 25
S ep t. 3
A p r. 24
A u g. 23
July 20
O ct. 30
S ept. 16
D e c . 29
J u ly 18

91%
106
124 %
89
78
91%
89
65
62
93
110%
1 00 %
84%
100%
86
108%
103%

Jan.
D ec.
F eb.
M a r.
Jan.
F eb.
Jan.
Jan.
Jan.
A u g.
Jan.
F eb.
M a r.

45

7 9 % Jan.
8 6 % Jan.

-------

O ct.
5
F e b . 15
O ct. 19
N o v . 27

68

8 5 % Sale
85%
8 5 % Sale
-------- 8 3 % 8 4 % 8 4 %
86
86 % -------- 8 3 % 85
2 9 2 ",666
109%
1 0 9 % _____
96%
97% 98%
72
74
_____
71
100
Sale
16,000 100
9 8 % 100
58,000 8 3 % 8 5 % 8 4 % .......... 8 5 %
12 %

3
26
3
25
21
25
23
11

50
44
99
67

89

10% -------

M ay
Ju ly
M ay
A p r.
A p r.
S ept.
A u g.
M ay

47%
46
50
50%
46%
73%
41
76%
81

8 4 % Jan .

7 0%

J u ly 12

55%
63%
54
60%
60
54
85%
58

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Sale
Sale
85%
84%
Sale
84% 83%
60%
Sale
61% 5 9 %
88
Sale
Sale 1 0 7 %
97%
Sale
89

-------98
96
99%
Sale

91

Jan .
9
N o v . 20
A p r. 10
Jan. 31
Jan.
5
J an .
3
Jan .
5
Jan .
3

47%
43%
47
46
40
67%
39%
62%
70%

82%
81%
8 0%
83
Jan . 16
80%
82 I
80
8 1 % 85
81
7 9%
93
93
9 3 % 92
Jan
92
8 4 % 88 | 87
88
Jan
81
75
7 5 % 74
7 4 % 75
Jan.
2 8 % 27
2 6 % 2 8 % 27
Jan.
Sale
953% Sale
Jan.
98
83
Jan .
81
8 1 % 82
90%
88%
8 9 % Jan .
4 6 % Sale
4 6 % Sale
4 6 % Jan.
105%
105%
94% 97% 94%
9 4 % Jan.
94% 96% 94%
9 4 % Jan.
94%
44%
89%
89%
86%
86 %
89%
89%
89%
89%
89%
89%
94
95
93%
9 3 % 9 4 % 94
98
9 8 % 9 7 % Sale
9 6 % Jan . 18
94%
101%
99%
100
99%
9 9 % Jan. 24
98%
97%
86%
9 9 % -------99
3 4 % 4 8 % 3 8 % Jan .
3 7 % 52
8
75
_____
75

10 % -------

Jan .
Jan.
Jan .
Jan.
Jan .
Jan .
Jan.
Jan.
Jan.

J u ly 12

38%
59%
42
40%
41
37%
57
31

85

5,620,000

8,000

91

S 8%
49
55
57
52
45% 46%
46
50
50
Sale
50
51%
51
5 1 % 50
4 8 % 45
47%
Sale
7 2 % Sale
Sale
41
Sale
82
7 6 % Sale
Sale
6 2 % Sale
_____
_____
46
55
_____ 49
_____
9 9 % _____
Sale
66
68
64%

178.000 74
71.000 8 6 %
37.000 9 4 %
20.000 9 1 %
19,964,000 7 2 %
39.000 9 9 %
80.000 9 2 %
37.000 90
989.000 9 6 %
5.348.000 9 2 %
7.584.000 101%
3.170.000 110
6.699.000 110 %

RANGE FOR YEAR 1922.

JANU ARY.

Jan . 31.

104
Sale 103
847.000 102 % 103
2.778.000 103% 103% 1 0 3 % _____ 103
9 2 % 9 2 % Sale
296.000 92
91
79%
7 9 % Sale
8.816.000 8 1 % Sale

1,000

3,000

Bid.

294.000
87.000 102
379.000 113% Sale
290.000 8 7 % 88
25.000 7 5 % 8 5 %
650.000 8 6 % Sale

88,000

478,000
5,000

P R IC E S I N
J an . 2.

256,000

10,000
92.000
3.000

A
N
N
N
A
D
D
O
A

J
J
O
N
O
N
J
D
J
J

Sales in

1922.
(12 m o s .)
2,000

M S

cific
P a c R R C oast C o 1st g 5 s .. 1946
a
o f M 1st ext g 4 s 1938
2d exten d ed g o ld 5s_____ 1938
P aducah & Ills 1st s f 4 % s . 1955
P a rls-L y on s-M ed R R 6s___1958
Penn R R 1st 4s real est g ._ 1 9 2 3
C on sol g o ld 4s___________ 1943
C on sol g o ld 4s___________ 1948
C on sol 4 % s _____________ 1960
G en eral 4 % a _____________ 1965
G en eral 5s________________ 1968
10-year secured 7s_______ 1930
15-year secured 6 % s _____1936
P enn sylvania C o —
G u 3 % s c o ll tr reg c t f s . . l 9 3 7
G u 3J4s co ll tr c tfs B ___ 1941
G u g 3 % s tr ctfs Ser C ..1 9 4 2
G u g 3 % s tr ctfs Ser D ..1 9 4 4
G u ar gold 15-25-year 4s_ 1931
40-yr gu tr ctfs 4s Ser E .1 9 5 2
P eor & E ast 1st con s 4s___ 1940
In com e 4s________________ 1990
Pere M a rq — 1st ser A 5 S ..1 9 5 6
1st ser B 4s_______________1956
P hila B alt & W 1st g 4s____ 1943
P h lllp p in e R y ls t 3 0 -y r s f 4s 1937
Pine Creek 6s______________ 1932
P C C & S t L g u g 4 % s S e r A __ ’ 40
Series B gu ar____________ 1942
Series C gu a r____________ 1942
Series D 4s gu a r_________ 1945
Series E 3 % s guar g _____1949
Series F con s 4s gu g _____1953
Series G con s 4s gu a r____ 1957
Series H con s 4s g u ______ 1960
Series I con s 4 % s g u ____ 1968
Series J 4 % s _____________ 1964
G en 5s ser A _____________ 1970
P itts & L E — 2d g 5 s. Jan . . 1928
P itts M c K & Y 1st gu 6s___1932
2d gu ar 6s________________ 1934
P itts Shen & L E 1st g 5 s . . 1940
F irst co n so l g o ld 5 s ._____ 1943
P itts V a & C har R y 4 s____ 1943
P itts Y & A sh 1st co n 5s___1927
P rov id en ce S ec d eb 4s____ 1957
P rov id en ce T erm 1st 4 s___1956




21

BONDS-STOCK EXCHANGE BECOBD

8 100

FeD.

98
56

June
Ju n e

June 5
Jan . 13

1.

5
6

86

Jan . 12

Jan . 24

86

Jan . 12

Jan . 16 100
Jan . 16
J an . 17 8 5 % Jan . 17

80
J an . 4
83
N o v . 13
8 1 % Jan .
6

8 7 % J u ly 17
8 4 % A u g. 25
90
S ep t. 12

7 4 % D e c . 22

Jan . 12

7 6 % A u g . 16

8 0 % M a r.

89

3

June 21

[V ol. 116.

BONDS-STOCK EXCHANGE RECORD

22
BONDS

P R IC E S I N

■ £
2

RANOE FOR YEAR 1 9 2 2 .

JAN U ARY.

Y

STOCK

EXCHANGE

R io G r W est 1st g 4s_______ 1939 J
M & c o ll tr g 4s Ser A ____1949 A
R I A rk & L 4 4 s r e c_______ 1934 M
R u tl-C a n 1st gu g 4s_______ 1949 J
R u tla n d 1st con s g 4 4 s ____ 1941 J

J an .

J
O
S
J
J

2d g o ld 6 s . . . ...........
1996
St L & C airo gu g 4 s _____ 1931
St L ou is Iron M t & South—
G en con ry A Id gr 5s____ 1931 A 0
U n if & ref gold 4s________192 9 J J
R iv A G u lf D iv l s i g 4 sl9 3 3 M N
St L M Br T er gu g 5s_____ 1930 A O
St Louis-San Fran (Reorg Co)
P rior lien 4s ser A ________1950 J J
P rior lien 5s ser B ________1950 J J
P rior lien 6s ser C ________1928 J J
8 4 s Series D ...................... 1942 J & J
C um ad j ser A 6s________ 1955 A O
I a co m e ser A 6s__________1960 O ct
St L & San Fr— G en g 6 S ..1 9 3 1 J
G eneral gold 5s__________1931 J J
St L & S F R R con s g 4 s . 1996 J J
S outh W est D iv g 5 s . .1 9 4 7 A O
St L P eo A N W 1st gu 5 s . . '48 J J
St L So 1st gu g 4 s__________1931 M S
St L ou is S ou th w — 1st g 4 s. 1989 M N
2 d g 4 s l n c b d ____________ 1989 J J
C on sol gold 4 s ___________1932 J T
1st term l A un if 5s_______1952 J J
St P A K C Sh L 1st 4 43s -.1 9 4 1 F A
St Paul E G r Trunk 4 4 s _ _ 1947 J J
S t P a u l M inn A M a n itob a —
|
C onsol m ortgage 4s___1 9 3 3 .. J J
1st consol gold 6s_____ 1 9 3 3 .. J J
R ed uced to gold 4 4 s _ 1 9 3 3 .. J J
R e g is t e r e d _________ 1 9 3 3 .. J J
M o n t E xt ls t g o ld 4 s . . 1 9 3 7 .. J D
R e g is t e r e d _________ 1 9 3 7 .. J D
P a c E xt sterling gu 4 s. 1 9 4 0 .. J J
8 A A A P 1st guar g 4s____ 1943 J J
S anta Fe P A P R y 5s_____ 1942 M S
San Fran Term 1st 4s_____ 1950 A O
Sav Fla A W 1st g 6s____ 1934 A O
5 s_________________________1934 A O
S cio V A N E l s t g u g 4 s___1989 M N
S eaboard A ir Line g 4 s____ 1950 A O
S ta m p e d _________________ 1950 A O
A d ju stm en t 5s_____ O ct 1949 F A
R efu n d in g 4s____________ 1959 A O
1st A con s 6s series A ___1945 M S
Seab A R oan ok e 1st 5s____ 19:s6 J T
Sher Shrev A So 1st gu g 5 s . . ’ 43 J D
S od B ay A So 1st g 5s_____ 1924 J J
S A N A la con gu g 5s_____ 1936 F A
G en con s gu 50-yr 5s____ 1963 A O
S outhern P acific C o—
4s g C ent Pac c o l l .. A u g 1949 J D
C on vert ble 4 s____ June 1929 M 8
C on v ertib le 5s___________ 1934 J D
So P a c of Cal 1st con s 5s___1937 M N
8 P C oast 1st gu g 4 s ______ 1937 J J
So P a c R R 1st ref gu 4s____ 1955 J J
S outhern— 1st con s g 5s___1994 J J
D ev el A gen 4s, Ser A ___ 1956 A O
D ev el A gen 6 Mis Ser A . . 1956 A O
M em D iv 1st g os_______1996 J
J
8 t L D iv 1st g 4 s________ 1951 J J
So C aro A G a l s t e x t 5 4 s . . 1929 M N
op ok a n e Internat 1st g 5 s . . 1955 > J
S taten Island R y 4 4 s ____1943 J D
S u n b u ry A Lewis 1st g 4s ..1 9 3 6 J J
Superior S L 1st 5 s.J u n e ..1 9 3 0 M S
i
'T e r Assn o f St L 1st g 4 4 s 1939 A O
*
First cons g 5 s . . 1894-1944 F A
G en ref s f gold 4s_______1953 J J
T e x A N O con s g 5s_______1943 J J
T e x A Okla 1st gu g 5 s ___ 1943 M S
T exas A P a cilic 1st g 5s___2000 J D
S econd gold in com e 5 s . .2 0 0 0 M a r
L a D iv B L 1st g 58______1931 J J
T o l A O h io C en t— 1st g 5s. 1935 J J
W estern D iv 1st g 5s___1935 A O
General gold 5 s ______ 1935 J D
T o l St L A W — P r l g 3 ,4 3 .1 9 2 5 J J
F ifty -y ea r gold 4 s______ 1950 A O
T o l W V A O l s t g u 4 4 s A . _ 1931 J J
Series B 4 4 s ____________ 1933 J J
Series C 4 s______________ 1942 M S
T o r H A B 1st g 4 s . . .......... 1946 J D
¥ Tlster A D el 1st con g 5 s .. 1928
'J
First refund gold 4 s . . 1952
U nion P a c R R A Id gr g 4 s. 1947
R e g is t e r e d ___________ 1947
20-year con v 4s_________ 1927
First A refund 4 s ..J u n e 2008
1 0 -yea r secured 6 s ______ 1928
U N J R R A C an C o gen 4s ’ - .4 4
U tah A N o r gold 5s_______ 1926
1st extend ed 4s_________ 1933

J
A
J
J
J
M
J
M
J
J
I
andalia con sol g 4s_____ 1955 F
C on sol 4s, Series B ___ 1957 M
Vera C ruz A P 1st gu g 4 4 s 1934 J
V erdigris VI A W 1st g 5s . . 1926 M
V a M id — Series E , 5s_____ 1926 M
Series F 5 s . _____________ 1931 M
G eneral 5s_______________ 1936 M
V a A S W 1st gu 5 s . .
2003 J
First con s 50-year 5s____ 1958 A
VIrg R y 1st 5s Series A . . 1962 M

V

A
N
J

gold 5s ____
W abash 1st gold 5s______ 1939 M
S econd
1939 F

N
A
J
J
J
O
8
N
A




Sale Prices.

78

7 4 4 J an . 17

7 4 4 J an .

8 8 4 Jan .

90

68

87
70

J an . 11
J an . 25
Jan .
2
J an . 16

8 0 4 Sale

10,000

249,000

74 4
77
924 954
9 6 4 ------8 8 4 90

132.000
331.000
232.000
3.000

96
864
82
954

870.000
219.000
200.000

70 4
854
99 4
.9 2 4
77 4
59 4
1034
984
82
87 4
1014
864
784
69
774
814
80 4
92

112,000
675.000
.263,000

1.000
14,000

9,000

Sale
Sale
Sale
_____

964
87
82
98

26,000 92 4
95 4
49.000 108
111
182,000 9 7 4 9 8 4
5.000 9 6 4 98
138.000 114
Sale

99,006'
20,600

24.000
62.000
887.000
327.000
976.000

48.000
11.000

30.000
6.000
1.689.000
4.000
1.000
125.000
193.000
1.097.000
8.569.000
8.686.000
15,598,000
8,000
3,000

'8 2 4

Jan.

884
58
544
Sale
Sale
Sale

1024
984

272.000
954.000

73 4 June 29

9 1 4 S e p t. 12

944
784
754
934

Jan .
Jan.
Jan .
A p r.

99 4
92 4
88
974

S ept.
S ept.
S ept.
J u ly

11
13
11
22

68

90

Jan .
Jan.
Jan .
D e c.
Jan .
Jan.
M a r.
A u g.

764
914
102 4
98
86
79 4
104 4
99 4

S ept.
S ept.
S ept.
S ept.
S ept.
A u g.
O c t.
J u ly

13
15
13
18
14
24
11
20

90
95
864
74 4
64 4
684
71
76

F eb.
Jan .
O ct.
Jan .
F eb.
Jan .
Jan .
Jan .
M a r.
Jan .
Jan .
M a r.
Jan .

100 4
96
79 4
984

1004

95
79 4
984
834
714
884
954

5,000

7.000
5.000

Sale

"9 3

7 ,000;

Sale

92

5 ,000;

"054

24.000

91

3,000

2,000

J

141.000 95 4 -------70
23.000 64
5.692.000 9 2 4 Sale
28.000 89 4
914
4.978.000 95 4 Sale
3.216.000 85 4 Sale
1.340.000 104 4 Sale
2,000 8 9 4 --------3.000 9 9 4 --------3.000 9 1 4 -------34.000
3.000

5,000

73 4 Sale
94 4
964
934 984
85 4 -------814 814

121.000

854 874
8 5 4 ---------

J an .
J an .
J an .
J an .
Jan.
J an .

85

88 4
98 4
69 4
1014
97
80 4
994

.Tan.
Jan.
Jan.

Jan-

"7 4 "'

Jan .
6
Jan.
9
J an .
4
J an .
3
Jan.
8
J an . 20
J an .
9

98
82

" J a n . 17

J a n . 17
J a n . 12

96

J a n . 11

Jan .
JanJ an .

92
J an . 16
9 7 4 J an .
9
96
J a n . 16

9 3 4 " ja n .
9 2 4 Jan.

9 3 4 J an .
8
75
J an . 10

9 6 4

96

964
964
804

83

8 1 4 J an .

93 4
954 9 5 4
64
68
66
9 1 4 Sale I 9 1 4
88
90 4 8 9 4
95 4
9 6 4 94 4
83
844 844
' '
1034

J an .
J an .
J an .
Jan .
Jan .
Jan .
Jan .

16 82

Jan.

8

S
8

78
86
95 4
1004
90
834
87 4
944
61
89
73
944
774

9 8 4 O c t. 13
J u ly 13
1 0 0 4 A ug. 8
97
A ug. 2
9 2 4 A u g . 18

1124

85" D e c . 7
81 4 A u g . 10

D ec."
Jan .

Jan . 11 8 7 4
M ay 1 1 0 8 4
N o v . 4 100
9 914
Jan .
64
F eb.
62
F eb .
32
Jan .
Jan .
484
Jan .
73 4
95
Jan.
Ju ly 25 42

Jan.
Jan.
Jan.
M ay
M ay
Jan.
Jan .
F eb .
F eb .
Jan .
Jan .
F eb.
M a r.

4! 9 4 4
4 94 4
3 105
16 1 0 3 4
6 924
4

Q2

4
1
1
10
9
20
24

1004
105
724
984
834
101
924

M a y 17, 92

M ay
A ug.
S ept.
Ju ly
M a r.
S ept.
A ug.
S ept.
S ept.
S ept.
N ov.
A p r.
S ept.

29
19
14
7

8

13
23
13
16
28
2
10
27

M a y IT

F eb .
Jan.
Jan.
Jan.
F eb .
Jan.
D ec.
Jan.
Jan.
Jan.
Jan .
Jan .
Jan .
A p r.
D ec.

F e b . 1 98
A p r . 24 6 6 4
Jan .
4 964
F eb. 1 9 2 4
Jan .
4 97
Jan .
4 100
J an .
4 1064

N ov.
O c t.
J u ly
Ju n e
O ct.
A ug.
A ug.

6
26
14
30
10
21
3

914

9 6 4 Jan . 24 1 0 0 4 Sept." 9
8 6 4 F e b . 18 8 6 4 F eb . 18
784
854
26
90 4
97
974
954
90
764
884

" 0 9 4 J a n ‘ " l 7 " 9 9 4 J a n ""2 2

34

J an . 24

3 4 4 J an . 22

56",000
131.000
3.106.000

93
J an . 23 9 3 4 J a n . 23
794
8 0 4 7 9 4 Jan .
20 7 9 4 Jan . 20
9 5 4 Sale I 9 5 4 Jan . 17j 98
J an .
4

106.000
27.000
3.000
5.000
15.000
15.000

1.261.000
598.000

98
98 4 97 4 J an .
16' 9 8 4 J an . 9 9 3 4
864
8 7 4 8 6 4 Jan .
29 9 2 4 J a n . 2 8 1 4
24 6 8 4 J a n . 24 6 7 4
684
7 0 4 6 8 4 J an .
954
9 7 4 96
J an .
25 96
J a n . 25 91
74 4
70
79 I
7 3 4 J an . 17,
73
63 4
66 I
65
Jan . 9 6 6 4 J an . 19 6 6 4
69
75
80
_
__________
9 8 4 _____ 1
________________I
744
7 3 4 _____ ______________

174000

F e b . 24
24 90
5 105 4 S ep t. 23
25 8 6 4 O c t. 25
9 80 4 A u g . 18
2 7 4 4 D ec. 7
5 82 4 A u g . 29
A p r. 24
28 84
S ept. 6
27 86

Jan . 23
9 96
2
4 1 0 0 4 O c t.
3 8 3 4 A p r. 26
12 9 9 4 A p r. 7
27 36 4 M a y 19
5 1 0 0 4 S e p t .14
F eb . 7
4 50
2 4 9 3 4 S ept. 26
S ep t. 19
3 100
D ec. 6
5 96
A u g . 22
24 90
S ept. 29
13 94
S ep t. 12
9 78
M a y 18
18! 94
18! 95 4 A u g. 28
8 6 4 N ov. 15 86 4 N o v . 18
7 7 4 Jan .
7 8 6 4 S ep t. 1

92
884
764
89
25
874
40
794
91
90
814
84
56
924
93 4

2,000
2,000
258.000

"6*. 000
1.000
51.000
91.000

4
7

96
A p r. 5 i 0 2 4 S ept. 8
9 5 4 F eb . 14 1 0 0 4 S ept. 22

11 9 5 4 J an . 11 89
11 67
Jan.
8 63
25 93
J an .
3 86
18 92
J an . 30 8 9 4
2 9 8 4 Jan . 18 89
19 88
J an .
4 814
102
19 1 0 5 4 Jan .

12.000
16,000
3.000

8

*85
70

80
1084
100
834
13 50
6
48 4
20 1 3 4
13 3 1 4
41
6
874
8
344

Jan.
4
J an .
3
J an . 25

9 2 4

1024

4

102

9 7 4 Jan .
80
Jan .

36.000
1 , 000 !

9.000
8.000
6,000
66,000

83 4 J an .

4

82
944
914
71
544

92

1004
82 ,

27,006
54.000

75 4 J an .

98* "".Tan. 17 1 0 1 4 J an . 16
Jan.
8
9 6 4 Jan . 20 99

8 2 4 .Tan.
8 3 4 Sale
oi 4 ja n .
9 1 4 Sale
1 0 9 4 1 0 2 4 1 0 0 4 J an .
1014
89 4
8 6 4 Jan.
864
9 5 4 Jan.
954
66 4 Jan.
67 4

21,000

S e p t .27
S ept. 21

3

Jan.

9 9 4 Jan.
4
8 9 4 Jan . 13
86
Jan.
9
98
J an .
8

53 4
544
26
424
62
67

135", 000

J u ly 2 0
Aua 22
S ept. 11
A u g . 18
S e p t . 18

78
96

7 8 4 Jan.
69 4 Jan.
77 4 Jan.
8 2 4 Jan.
8 1 4 Jan.

Sale
7 3 4 Jan . 30
1 0 1 4 ____ _ - Sale i 8 0 4 J a n . 29

754

804
71
854
734
85

6 5 4 -Tan. 9
8 9 4 M a y 17

5
.25 7 0 4 J a n .
23 8 5 4 J a n . 4
25 1 0 0 4 J a n .
5
5
19 9 2 4 J a n .
3
23 77 4 .Tan.
6
10 5 9 4 J an .
13 1 0 3 4 J an . 13
23 9 9 4 J a n . 18

9 5 4 ___________
Sale 1 0 8 4 Jan .
9 7 4 Jan .

90

Jan .
5
Jan .
4
Jan. 25
N o v . 24
Jan .
5

91
108 4 Jan . 15 1 0 5 4
9 9 4 Jan. 6 9 3 4
95
88
9 1 4 Jan.

19

J an . 19
J an.
3
J an . 26
J an . 8

68
6 7 4 Jan
Sale
Sale
83
Jan .
Sale
8 3 4 Sale
Sale
98
J an .
Sale
984
Sale
91
Jan .
9 1 4 Sale
7 5 4 Jan .
Sale
Sale
76 4
58
Jan .
Sale
60 4 Sale
1 0 3 4 J an .
_____ 1 0 3 4
9 7 4 Jan .
-------- 9 6 4
_____ 8 2 4
_____ 87 4
1024 1024
103
_____ 8 6 4
Sale
75
Jan .
7 7 4 "773
7 3 4 69 4 Jan .
7 8 4 70
75
Jan .
74 4 Sale
Sale
79 4 Jan .
Sale
7 9 4 81
Sale
7 9 4 Jan .
79
81 4
96
96
92

734
62 4
76 4
674
78

17

14.000

J

N
J
O
N

Highest.

Sale Prices.

Jan .
4
Jan . 16
7 8 4 Jan . 25
70
J an . 16

8

J

Lowest.

Sale Prices.

66

D
O
J
J
J
8

Highest.

J an . 31.

76

1,000

G
s
S tt. Jos & <fcrATsl 1st gg45 s ..11947
L aw r
d ir 1st
996

1st lien 50-yr g term 4 s . . 1954 J
D e t A Ch E x 1st g 5s___ 1941 J
D es M oines D iv 1st g 4 s. 1939 J
O m aha D iv 1st g 3 4 s ___1941 A
T o l A C h ic D iv 1st g 4 s. 1941 M
W a co A N w n 6s___________ 1930 M
W a r R R 1st ref gu g 3 4 ___2000 F

2.

Lowest.
Sale Prices.

N

Jan .
N ov.
Jan .
F eb .
M a r.
N ov.
M a r.
M a r.
M a r.
Jan.

86
86
474
98
100
98
994
954
894
100

M a r.
O ct.
M ay
S ept.
O c t.
N ov.
S ept.
June
S ept.
S ept.

28
2
8
26
14
13
26
20
9
11

Jan .
5
Jan .
3
Ju ly 12
Jan . 10
JM a.y 3
an 15
July 21
J an .
7

101
934
74
96
754
72
81

S ept.
O c t.
O c t.
M ay
N ov.
S ep t.
N ov.

6
3
7
16
16
22
3

M a r, 31

78

A u g . 31

BONDS
Y

ST O C K

E XCH AN G E

£T
3
J O
.
®k
* 4.

Sales in
January
1923.

Sales in
1922.
(12 mos.)

W ash C en t R y 1st g 4s____ 1948
W O & W 1st cy gu 4S______ 1924
W ash T erm 1st gu 3 % s ___ 1945
1st guar 40-year 4s______ 1945
W M W & N W 1st gu 5s___ 1930
W est M a ry lan d Isi g 4s___ 1952
W est N Y & Pa 1st g 5s___ 1937
G eneral gold 4s__________1943
In c 5 s ____________________1943 N o v
W estern P a cific 1st 5s A ___ 1946 M S
6s B ____________
1946 M S
W est S hore 1st 4s g u a r____ 2361 J J
R e g is t e r e d _______________2361
W heel & L Erie— 1st g 5 s . .1 9 2 6
W heeling D lv 1st g 5s___ 1928
E xten & im pt g o ld 5s___ 1930
R efu n d in g 4 % s Ser A ___ 1966 M S
W h & L E R R 1st con g 4 s. 1949 M S
W llk & East 1st gu g 5s_____1942 J d
W ill & S F 1st gold 5s______ 1938 J D
W inston-Salem S B 1st 4s_ I960, J i
W iscon C ent 1st gen g 4 s 1949 J J
S u p & D u l D iv & T e r 1st 4s 1936 M N
W o r & C on E ast R y 4 % s ._ 1 9 4 3 J J

237,000
65.000
15.000
248.000
1.000
129.000
2,000

10,000
1,000
13.000
57.000
3.000
1.000
3.000
75.000
23.000

80,000
38.000
15.000
1,000
75.000
629,000
52.000
564.000
811.000
737.000
17.000
40.000
844.000
264.000
130.000
106,000
408.000
7,000
389.000

99.000
77%
26.000 9 5 %
7 9%
48.000
7.000 84
8.000 7 5 %
2,638,000 6 3%
91.000 100
72.000 78
25%
2.416.000 82
48.000 9 4 %
1.403.000 81
301.000 81
58.000 9 7 %
4.000 94
16.000 9 2 %
1.477.000 6 1 %
99.000 6 5 %
99.000 60
24.000 101
72.000 80 %
1.216.000 8 1 4
662.000 8 0 14
1.000 6 2 %
526.000
1.400.000
113.000
112.000
499.000
4.2 0 7.00 0
1.087.000
3,000
6.672.000
14,733,000
8.090.000
434.000
7.215.000
7.130.000
6.839.000
1.701.000
2,106
896.000
3.277.000
39,337,000;

Ask Bid.

86
64%
Sale
79
41
82%
94%
Sale
82%
95%
97%
63
Sale
Sale
103

8114

82
Sale
---------

78%
96%
7 7%
84%
7 7%
6 3%
99
77
25%
82%
92
82
79%
97%
96 %
90%
60
64
5 4%
99%
78%

88
Sale
99%

H igh est.

Sale Prices.

Sale Prices.

Sale P rices.

7 7 % Jan . 26

80

Lowest.

Sale Prices.

Ask.

Highest.

7 9 % Jan. 11

62
Jan.
9 8 % Jan.
77
Jan .

6 4 % Jan.
4
100
Jan.
2
81
Jan. 18

‘ 4 l” |
Sale
81 % Jan.
9 4 % 92
Tan.
Sale
8 1 % Jan.
7 9% 80
Jan.
9 8 % 9 7 % Jan.
97%
9 7 % 9 5 % Jan.
64 | 6 0 % Tan.
Sale
6 0 % Jan.
59 I 59
Jan.
101
Jan.
82 V 81 % Jan.
4
7 9% 78
Jan.
7 8% 79
78
Jan.
58

80
Sale
99%
Sale
6%
Sale
%
51
4 6%
9 8 % 101 TOO
103
Sale 104%
80
Sale
106 %
1 06 %
92 4 Safe I 9 3%
103 14 Sale 102
91%
9 1% Sale
8 6 % 88 ' 87
98% 98% doi %
97 Ja
9 8 % Sale
117
Sale 115%
83 %
83% 84%
84%
85 % Sale
88 %
8 9 % Sale
32
30
40
98
80
96
8

Lowest.

Jan. 31.

6

8]
Sa!e
8
0
8il e
Sale
76%

80
96
6%
6%
I 90%
!02%
79%
I

83%
95
83%
80%
99
95%
61 %
75%
60
101
81 %
82
80%

Sale
8 0 % Jan.
Sale 102
Jan.
Sale
9 1 % Jan.
8 8 % 8 0 % Tan.
101 % 1 0 0 % Tan.
Sale
9 7 % Jan.
Sale 115
Jan.
Sale
8 3 % Jan.
Sale
84
Jan.
Sale
88
Jan.
Sale
20
Jan.
Sale
9 8 % Jan.

B aldw in L o c W ks 1st s f 5 s. 1940 M N
39,000
784.000 102% 1 03 % 101% 102% ,o o % .Tan.
Barnsdall 8s A _____________193 I J J
81.000
Sale 103
Sale , 0 0
Jan
146,000! 103
Sale 107 % Sale 107% .Tan.
Bell T el of Pa— 1st A ref 7s. 1945 A O
752.000
1,245,000, 103
9 8 % 99% 9 8 % .Tan.
B eth Steel 1st ext s f 5 s ____1926 J J
66.000
3.395.000 9 2 % Sale
94
Sale
1st < refund 5s gu Ser A 1942 M N
fe
158,000
979.000 9 5 % Sale
93
Jan.
Sale
20-yr pur.fcm imp s f >8.. 1936 J I' 328,000
1.303.000 9 2 % 9 2 % 90
90
Jan.
99
Sale
C ons 30 yr s f 6s Series A . 1948 P A 1,325,000
3.1 6 8.00 0 9 8 % Sale
9 7 % Jan.
SO
9 2 % 70
B ooth Fisheries 6 s _______ 1926 A O
_______
9 9 % 98 % Sale
B raden C op p er coll tr s I 6s 1931 F A
109,000
1.426.000 99
9 8 % Tan.
Brier Hill Steel 5 % s ______ 1942 A O 1,119,000
2.137.000 9 5 % 9 6 % 94 % Sale
9 5 % Tan.
B ’v & 7th A v 5 s _________ 1943 J D
46,000
6 3% Sale
70
373,000 69
62
Jan .
85 % 86 %
B k lyn C ity 5s______________ 1941 J J
8 6 % 89
n-,W ~ ■
119.000
B k lyn E dison Inc gen 5s A . 1949 J J
896.000 9 7 % Sale 1 9 5 % Sale
9 5 % Tan.
General 6s. Series B ____ 1930 J
J
31.000
482.000 9 6 % 9 7 % 1 0 2 % Sale 102
Jan .
106% 105% 106
34.000
General 7s, Series C ____ 1930 J
J
435.000
106
Jan .
204.000
General 7s. Series D ____ 19 40 I D
Sale 107% Sale 1 06 % Jan.
1,393,000 108
Sale
17.000
B k lyn Q C o & Sub gtd 5 s . . 1941 M N
58
59
58
Jan.
J
do
1st 5s___________ 1941 J
7 9 % 91
7 9 % ..........
B rook lyn R ap T ransit g 5 s. 1945 a O
337.000
5 7 % 72 % Sale
540.000 55
55
Jan.
T ru st c o ctfs d e p o sit_________ ___
Sale
270.000
453.000 5 1 % 5 4 % 72
54
Jan.
1st refund c o n v a g s ____ 2002 J J
269.000
258.000 51
5 4% 6 0 % 6 1 % 54
Jan.
3 -yr secured notes 7s____ 1921 J
Sale
J 447.000
3 ,7 3 9,0 JO 83
Sale I 91
87
Jan .
T ru st C o ctfs d e p o s it_____ _____
574,000;
90
91
4.5 2 3.03 0 8 0 % 88
8 5 % Jan.
607.000
do
s t a m p e d __________
___
6.006.030 81
83 I 87 % S ile
82
Jan.
B k lyn b n El 1st g 4 -5s____ 1950 F A
31.000
429.000 8 1 % 8 1 % 83 % 84
81 % Jan.
53.000
S tam ped gu a ra n teed ____ 1950 F A
385,030
82% 83
8 3 % Sale
81 % Jan.
65.000
B k ly n Un G as C o 1st c g 5s 1945 M N
521,Ooo| 9 1 % 9 6 % 98
Sale
96
Jan .
210.000
7s------------------------------------- 1932 M N
1,121,030 U 3
113 % 114% Sale 1 1 0 % Jan .
92.000
6s-------.'---------------------------- 1947fM Nj
1 04% 1 0 4 % Sale 104
910,000 1 0 l
Jan.
80.000
7s------------------------------------- 1929 M N
1,108,000 110% 111% 1 14% Sale 110
Jan .
B uff & Susq I s f 5 s ______ 1932|J D
92
90%
Bush Term inal 1st 4s_____ 1952 A O
13.000
80
83
40.000 8 6 %
83
Jan.
C onsoi 5s............................1955'J J!
44,000
87 -/s Sale
426.000 8 9 % Sale
87 % Jan .
B uildings 5s gu tax e x ___1960 A O
93,000
8 9 % 9 0 % 91
1.053.000 91
Sale
Jan.
C al G & h.' ;orp unit A ref 5s 1937 M N
22,000
9 6^ Sale ' 97
378.000 9 7 % Sa’e
Jan.
C am agu ey Sug 7s_________ 1942 A O
232,000
Sale
98,030 97
9 7 % 97
95 % Tan.
C anada Steam ship 7s_____ 1942 M N
69,000
93
1.058.000 9 1 % 9 5 %
9 2 % Tan.
C anadian General Elec 6 s ..1 9 4 2 A O
53,000
Snle 10IV Jan.
102
1.147.000 101% 103
C ent D ist Tel 1st 30-yr 5 s . . 1943 J D
38,000
Sale
221.000 99
100
99 % Jan.
C entral F oun dry 1st s f 6 s. 1931 F A
15,000
91
287,030 89
87
Jan.
~90% 90
C entral Leather 20-yr g 5 s. 1925 A O
257,000
9 9 % Sale
2.6 6 1.00 0
98 % Jan.
C erro de Pasco C op p con v 8 s ’ 31 J J
543.000
5,837 000 135% Sale 132% Sale 130
Jan.
C h ic G as L & C 1st gu g 5 s. 1937 J J
1000
23.000 9 1 % ____
96
-------- 9 5 % Jan.
C h ica go R ys— 1st 5s_______1927 F a
330!000
4,1 3 1,00 0 7 7 % 78
7 6 % 76% 7 6 % Jan.
C h ica go T elephone 1st 5 s_ . 1923 J O
2 7 000
85.000 9 9 % ____ 1 0 0
-------- 100
Jan.
C hile C op per con v 7s_____ 1923 M N S.093^000
11,870,000 113% 114
1 1 6 % Sale
112 % Jan.
C o trust 6s con v ser A . 1932 A O 2 103j009
14,454,030 9 6 % Sale
99
Sale
96
Jan.
C in e G as & E l 1st & ref 5 s. 1956 A O
41.000 9 7 % 99
9 8 % Sale
58,000
9 7 % Jan.
5 % s ------------------------- Jan 1961 A O
95.000 9 8 % Sale
9 7% Sale
117,000
98
Jan.
C learfield C oal 4s_________ 1940 J
75
78%
73
____
C o lo Fuel & 1 C o gen s f 5s 1943 F
86 % 89 % 8 8 % Jan.
207.000 8 8 % Sale
11,000
C o lo Ind us 1st coll tr os gu 1934 F
1.742.000 7 6 % 7 7% 76
77
7 5% Jan.
50.000
C olu m b ia G as & El 1st 6 s . . 1927, J
1.214.000 9 6 % Sale
9 5 % Sale
95 % Jan.
265,000
8 ta m p e d _____________________ J
1.345.000 96
9 5 % Sale
9 5 % Jan.
81.000
Sale
C ol & 9th A v 1st gu g 5s __1993jM
21,000 14 16
13% 20
14
Jan.
6,000
C olu m b u s Gas 5s_________ 1932 J
208.000 91
93
91 %
C om m ercia l C ab le 1st e 4s 2397 O
414.000 75
75 % 7 4 % 7 5 % 7 4 % Jan.
18,000
C o m ’w ealth Pow er 6 s .’. ___1947 M N
Sale
87
Jan.
748.000 88
99
Sale
540,000
C om p a n ia A z Baraqua 7 % s ’ 37 J J
9 8 % 9 9 % 9 9 % Jan.
934.000 1 0 0 % Sale
71.000
O o m p u tln g -T a b -R e c s f 6s. 1941 J
873.000 9 7 % Sale
97% 9 7 % 9 5 % Tan.
69.000
C on n R y & L t — 1st g 4 % s . 1951 J
84 % J an.
3,000 8 3 % -----84%
2,000
S ta m p ed gu ar 4 % s _____1951J
85
315.000 84
84
------C on sol C oa l M d 4 0-yr 5 s . . 1950 J
8 8 % 87
77,000 8 8 % 89
Jan.
88
253,000
C onsum G as C h ic 1st gu g 5 s ’ 36 J
9 5 % 98
9 2 % 98
C onsum ers P ow er 5s______ 1 9 5 2 M N 993,000
11,000 92 % Sale
9 0 % 9 0 % Jan .
90
C orn P rod R e f gold s f 5 s_.1 9 3 1 M N
213.000 9 9 % ------99%
1st 25-year s f 5s________ 1934 M N
1 , 121,000 101
9 9 % 100% 9 9 % Jan.
------72.000
C row n C ork & Seal 6s_____ 1942 F A
92
Jan.
9 1 % 92
3.720.000 95
Sale
67.000
C u b a C an e Sugar co n v 7 s . . 1930 J .1 140.000
8 7 % 8 7 % 8 5 % Jan.
6.669.000 8 6 % Sale
C o n v d eb stam ped 8 % . . 1930 J J 550.000
1,890,000, 9 1 % Sale
9 0 % Jan.
91 % Sale
C u b an -A m Sug ls t c o l l 8 s _ . 1931 M S
Jan .
649.000 107 % Sale 107% Sale 107
101, 000 '
C u m b T & T 1st & gen 5 s . .1 9 3 7 J .1
9 2 % Sale
9 2 % Jan.
93
Sale
27,000!
D en ver T ra m w a y 5s______ 1933 A O
844.000
D en ver G as & E l 5s______ 1951 M N
87
8 8 % 8 7 % Jan.
920.000 8 8 % Sale
17.000
D ery C orp n 7s--------------------1942 M S
98
Jan.
99
98
Sale
8 4 4 ,OOOj 98
50,000;
D etroit E dison C o 1st 5 s . . 1933 J J
Sale
9 9 % 9 9 % 9 8 % Jan.
697,000' 100
60,000,
1st & ref 5s Series A ____ 1940 M 8
9 5 % Jan.
467.000 96
Sale
96
Sale
157,000;
1st & ref 6s Ser B ..J u l y 1940 M S 263.000
103
Sale 102 % Jan.
2,439,0000 1 03 % 104
D et U nited 1st con s e 4 % s . 1932 J J
Sale
16.000
3,301,000 82
8 2 % Sale
82
Jan.
D la m M a tch s f d e b ’7 % s _ .1 9 3 5 M N
J an .
121.000 13.297,000 1 0 7 % Sale 1 0 7 % 1 07 % 107

Tan. 12
Tan.
6
.Tan.
2
.Tan.
2
Jan.
8
.Tan. 12
Jan.
4
Jan. 10

80%
97%
8
6%
100%
1 04 %
80%

Jan.
Jan.
Jan.
Jan.
Tan.
.Tan.
Jan.

.Tan. 9
.Tan. 12
Jan. 1.3
.ian.
4
Jan.
5

.Tan.
.Tan.
.Tan.
Tan.
Tan.
Tan.
Jan.

92%
104
92%
87%
1 02 %

Tan.
Tan.
Tan.
Tan.
Tan.
101
Tan.
1 1 7 % .Tan.
85
.Ta n .
8 6 % Tan.
90
Jan.
•30 .Tan.
9 9 % Jan.
103
103
1 08 %
99%
97%
93%
100

81%
94%
72%
80

F eb.
A p r.
Jan.
J une
A p r.
88
5 8 % Jan.
96% M ay
7 2 % M a r.

10
18
10
30
6
4
25
1

85%
97%
84
89
90
69
100%
80%

N ov.
D e c.
Jan.
Jan.
Jan.
Jan.
M ay
Jan.
52
62
Jan.
55
Jan.
9 9 % A pr.
77
Jan.
76
Jan.
7 5 % Jan.

27
11
3
5
23
9
15
3
31
24

88 V Apr. 27
i
99 ^1 S ept. 11
88
Sept 21
O ct.
84
9
1 01 % A ug. 28
95% N ov. 9
9 4 % S ept. 19
7 2 % A ug. 21
A u g. 7
77
73
A pr. 29
1 0 0 % N o v . 14
84
O ct. 16
84
A u g. 23
84
A ug. 7

26

83
103%
12%
10%
100
105%
93 '
_____
96
104%
93%
92%
101%
100%
120
87%
88
94
48%
100%

2 74
25 95
5%
2
5%
11
81 %
4
27 100
11
2 86%
,3 9 7 %
6 8 6%
18 8 0%
8 95%
9 91 %
15 108
10 70
19 80
.3 8 6 %
19 2 3%
97%
2

.Tan.
5
.Tan. 17
Tan.
2
Tan.
3
Tan.
3
Tan.
5
Jan. 26

4
9 9 % Tan.
9 6 % Tan. 15
6 8 % Jan.
3

00
1^

I n d u s t r ia ls
A d am s E xpress coll tr g 4 s . 1948 M S
A ja x R u b ber 1st 8 s ________1936.1 D
A laska G old M deb 6s A ___1925 M S
10-year co n v 6s Ser B ___1926 M S
A m A gr Chem 1st con v 5 s. 1928 A O
1st ref s f 7 % s _ ............... .19 4 1 F A
A m er C otton Oil deb 5s___1931 M N
A m er D o c k & Im pt 6s____ 1936 J J
A m Sm eltg & Ref Ser A 5 s. 1947 A O
A m er Suear R efining 6s___1937 J J
Am T el & T e coll trust 4 s . . 1929 .T J
C on vertib le 4s _________ 1936 M S
20~year con vertib le 4 % s 1933 M S
30-year coll trust 5 s . . ..1 9 4 6 J D
7-year con vertib le 6 s____ 1925 F A
A m W a t W ks & Elec coll os 1934 A O
A m W ritin g Paper s f 7-6s. 1939 J J
A rm our & C o 1st real est 4 % s’ 39[ J D
A tla n tic Fruit con v deb 7s A '34 J D
A tlan tic R efining 5 s______ 1937 J J

2,000

RANGE FOR YEAR 1922.

PRICES IN JANUARY.
Jan. 2.
Bid




33

BONDS—STOCK EXCHANGE KECOKD

F eb., 1923.]

June
N ov.
D e c.
D e c.
Jan.
Jan.
D e c.

23
29
15
28
4
14

Jan.
F eb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
M ar.
Jan.
Jan.
O ct.

6
17
4
13
10
4
4
«
8
10
12
7

M ay 4
A u g . 31
S ept. 27
S e p t .16
A u g . 25
A u g. 28
O c t. 19
S ept. 9

N ov.
J une
A p r.
M a r.
A u g.
S ept.
M ay

28
7
1
24
19
15
13

A u g. 12
S ept. 7
A u g. 6
S ept. 15
S ept.
S e p t.1
A u g. 31
S ept. 20
M ay 6
A p r. 18
June 5
Ju ly 10

9 9 % Jan.
4 103%
D e c . 29 107%
99

2
29

94
M a y 23 100%
8 9 % Jan. 10 100
Jan .
5 95
June 20 101%

S ept. 25
J u ly 17
N ov. 9
S ept. 13

Jan
4 100% S ept. 22
N ot . 24 1 0 0 % N ov. 6
Jau .
4
7 8 % A u g. 28

93
91
50

98
.Tan.
5 89%
Tan.
3 100
9 102
108 % .Tan.
100
Tan. 18 106%
5 9 % Jan. 12

Jau.
Jan .
Jan.
Jan .

102%

100 % A u g. 23
106% D e c . 1
3 107% M a y 12
3 109% J u ly 13

73%
73%
62
9 %
02%
88%
82%
84
100
114%
105 %
1 10 %

31
31
35%
58
58
54
75
75%
87%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan .
Jan.
Jan.

66%
64
64%
96
94%
91
93
93
99%

87
93
93%
98%
97%
94%
103 %
100
89%
99 %
137
96%
7 8%
100%
1 20 %
99
99%
98%

Jan.
Jan .
Tan.
Tan.
Tan.
Tan.
Tan.
.Tan.
Jan.
.Tan.
.Tan.
Tan.
Tan.
Tan.
Jan.
.Tan.
.Tan.
Jan .

7 7%
82%
86
93

May
Jau.
Jan.
Jau.

88
94%
96
100%

O c t. 30
S ept. 8
S ept. 15
D e c . 28

105

S ept.

89
77%
97
97
15%

.Tan.
.Ton.
Jan.
.Tan.
Jan.

82
71
88%
88
14%

Jan.
Jan.
Jan.
Jan.
D e c.

92%
82
98%
97
25

O ct.
S ept.
S ept.
Ju ly
M ay

13
13
28
17
11

75%
88
100 %
98
87%

15
18
24
2
22
18

Tan.
Tan.
Jan.
Tan.
Tan.
Tan.
Tan.
Jan.
Tan.
Tan.
Tan.
Jan.

Jan.
Jan .
Jan.
.Tan.
Jan.

72

F e b . 11

78

S ept.

8

100
81
75
92%
99

S ept.
O ct.
A p r.
Oct .
A u g.

10
30
21
3
26

24

90

23

9 2 % Jan. 19

Jan.

%

100% N o v .

12
11
15
10
14
10
14
13
22

8

1 0 0 % S ept. 19

9 7 % Jau.
76
F eb.
9 3 % Jan.
M a r.
111
Jan.
89
Jan.
67
98
F eb .
Jan.
99
84
J in .
92
.ian.

9 1 % Jan.
75
A p r.
A p r.
F eb .
A p r.

S ept.
S ept.
S ept.
O ct.
S ept.
O c t.
S ept.
S ept.
S ept.

91%
99%
137
99
85
100
113 %
97%
101

S ept. 29
O ct. 27
D e c . 14
A u g . 29
A p r. 26
June 22
D e c . 15
N ov. 9
S e p t . 16

Jan.
Jan.
10
88
Jan.
9| 9 2 % Jan.
9 1 0 7 % Jan.
2, 9 4 % Jan.

95
96
85%
60
54%
1 01 %
88%

A p r. 24 9 9 % D e c .
3 101% S ent.
Jan.
D ec. 5 9 8 % N ov.
A ug.
4 91
Jan .
S ept.
Jan.
3 98
S ept.
Jan.
3 108
A ug.
Jan . 18 96

14
11
13
9
22
19
22

16] 90
17! 99
9 100 %
11 98
18 104
2 83%
4108

97%
94%
89%
99%
63%
106%

N or.
J an .
Jan.
Jau .
Jan.
O c t.

2
28
15
14
24
10

1 7 11 6 1
23 95

Jan.
Jan .
Jan .
Jan .
Jan .
.Tan.
Jan.

28 101
181101%
6 'l0 0
10 106 %
12 8 6 %
3 110%

O ct.
S ept.
S ept.
S ept.
O ct.
Jan .

24
N Y

[V ol. 116.

BONDS—STOCK EXCHANGE RECORD
BONDS
STOCK

EXCHANGE

D istillers’ S C co n v 1st g 5 s .1927 A O
D o m in io n Iron & Steel 5 s . .1 9 3 9 M S
D on n er Steel 20-yr 7s_____ 1942 .T J
E I d u P on t P ow d er 4 %s _ _ 1936 J D
d u P on t d e N em & C o 7 % s_ 1931 M N
D u qu esn e L t 1st & coll 6s serA ’ 49 J J
D ebenture 7 % s __________1936 J J
E ast C u b a Sugar 7 % s ____ 1937 M S
E d E l 111 B kn 1st c o n g 4s __1939 J J
E d E l 111 N Y 1st con s g 5 s . 1995 J J
E lk h orn C oal 6s____________ 1925 J J
E m p ire G as & Fuel 7 % s ___ 1937 M N
E qu ita b le Gas 5s___________ 1932 M S
F isk R u b b er 1st s f 8s.......... 1941 M S
F ra m e ricIn d & D e v 2 0 -y r7 % s .’ 42 J J
F ra n cisco Sugar 20-yr 7 % s_ 1942 M N
G as & E lec (B ergen C o) 5 s. 1949 J D
G e n e 'a l B ak in g 1st 25-yr 6 sl9 3 6 J D
G eneral E le c d eb g 3 % s ___ 1 9 4 2 F A
D eb en tu re 5s____________ 1952 M
20-year d eb 6s __________1940 F A
G eneral R efra ctories 6s____ 1952 F A
G o o d r ic h 6 % s _____________ 1947 J J
G oo d y e a r T ire & R u b s 1 8s. 1941 M N
10-year d eb s f 8 s . .M a y 1931 F A
G ra n b y C o n M S & P 1st 6s 1928 M N
S ta m p e d ______________________
C o n v deben 8s___________ 1925 M N
G ra y & D a v is 7s___________ 1932 F A
G reat Falls P ow 1st s f 5 s . .1 9 4 0 M N
H ackensack W ater 4s_____ 1952'J
J
H a va n a E l R y L t & P 5s__1954iM S
H a va n a E lec R y con s g 5 s . 1952 F A
H ershey C h ocola te 6s_____ 1942 M N
H ollan d A m erica Line 6 s..l9 4 7 | M N
H u d son C ou n ty G as 1st 5 s . 1949 M N
H u m b l e O & R 5 % s ________1932 J
J
Illin ois Steel deben 4 % s .. 1 9 4 0 A O
In d N at Gas & Oil 5s_____ 1936 M N
Ind ia n a Steel 1st 5 s _______1952 M N
Ingersoll R an d 5s_____ D e c 1935 J J
In ter-M etrop c o ll 4 % s ____1956iA O
T ru st C o certfs o f d e p o sit___ _____
In terb oro R T 1st & ref 5 s. 1966 J J
10-year 6s n o t e s ________1932; A O
10-year 7s n otes ............ .1 9 3 2 .M S
In t A gr C orp 1st & c o ll tr 5 sl9 3 2 M N
In tern et C em en t c o n v 8 s..1 9 2 6 J D
In t M e rc M a rin e 1st s f 6 s. 1941 A O
In tern Paper— C o n v 5s Ser A ’ 47 J J
1st & ref s f 5s Series B ..1 9 4 7 J J
Jefferson C lear C & I 5s___1926 J D
Jurgens W orks 6s_________ 1947 J J
Kansas Gas & E l 6s______ 1952 M S
K a y ser & C o 7s____________ 1942 F A
K elly-S p rln g fleld T ire 8 s ..1 9 3 1 M N
K ings C o E L & P g 5s____ 1937 A O
Purchase m on ey 6s..........1997
C on vertib le d eb 6s_____ 1925
K ings C o E l 1st g 4s_______1949
S tam ped gu aran teed ____ 1949
K ings C o L igh t 5s_________ 1954
6 % s ______________________1954
K in n ey 15-year 7 % s _______ 1936
L a ck a w Steel 1st co n v 5 s . . 1923
1st con s 5s Series A ____ 1950
L a c G as L ref & ext 1st 5 s. 1934
L ehigh C & N a v 4 % s ______ 1954
Lehigh Y a l C oal 5s________ 1933
4 s ________________________ 1933
L ex A v & P F 1st gu g 5s ..1 9 9 3
L igg ett & M y ers T o b 7s___1944
5 s ...........................
1951
(P ) L orlllard C o 7 s ________ 1944
5 s_____________
1951
M a g m a C op p er 7s__________1932
M a n a tl Sugar 7 % s _______ 1942
M a n h at R y (N Y ) co n g 4 s. 1990
2d 4s_____________________ 2013
M an ila E l R & L _____ 5 s . .1 9 5 3
M a rk et St R y 1st con s 5 S ..1 9 2 4 M S
5-year c o ll tr 6s_________ 1924 A O
M a rland O il s f 8s ser A ,
I
w ith w a r r a n ts ___________ 1931 A O
d o w ith ou t w arrants_________ I____
7 % s w ith w arrants___________ I____
d o w ith ou t w arrants________'____
M e r & M frs 7s_____________ 1942 J D
M e t E d ison 6s_____________ 1952 F A
M ex ica n P etrol o f D el 8s__1936 M N
M ich S tate T elep 1st 20-yr 5s’ 24 F A
M id v a le St & O rd c o n v s f 5s ’ 36 M S
M llw E l R y & jut con s 5 s . . 1926 F A
R efu n d in g & ext 4 % s ..11931 J J
931 J
1951 J
G eneral & refu nd 5s____ 1951 J D
5 s ________________________ 1961 J D
1927 M
M ilw a u k ee G as L t 1st 4 s_.1 9 2 7 N N
M on ta n a P ow 5s A ________ 1943 J J
M o n t T ra m 1st & ref A 5s 1941 J J
1939 J J
M orris & C o 1st s f 4 % s ___1939 J
M tg e B on d C o 4s_________ 1966 A O
1932 J
5 s_________________________1932 J J
M t F uel G as 1st gu g 5s___1947 A N
1947 M
N assau E lec guar g oid 4s ..11951 J J
951 J
N a tE n a m & S tp 1st 20-yr 5 s.1929 J D
N a t Starch 20-year d eb 5s 1930 J J
N a tion a l T u b e 1st 5s_______1952 M N
N ew ark Gas 5s____________ 1948 J D
N ew E n g T & T 3 0-y r 5s ..1 9 5 2 J D
N Orl R y & L t gen 4 % s . . 1935 J J
N Y A ir B rake 1st co n v 6s 1928 M N
N Y D o c k 50-year g o ld 4 s . 1951 F A
N Y E d ison 1st & ref 6 % s w il 9 4 1 A O
N Y G as E l L t H & P 5s___1948 J D
P u rch m on ey c o ll tr g 4 s . 1949 F A
N Y M u n R y 5 s ____________ 1966 J J
N Y Queens E L & P 4 s___1930 F A
N ew Y o r k R y s 1st & ref 4s 1942 J J
T ru st C o certfs o f d e p o sit____ |
____
A d ju stm en t in com e 5 s . . 1942 A O
T ru st C o certfs of d ep osit _____
N Y S tate R y s 1st con s 4 Ha 1962 M N
6 % s ______________________ 1962 M N
N ew Y o r k S team 6s______ 1947 Nl N
N Y T e l 1st & gen s f 4 % s . . 1939 M N
30-year debenture 6s____ 1949 F A
20-year refu nding 6s g o ld 1941 A O




Sales in
January
1923.
97.000
65.000
61.000
375.000
234.000
105.000
395.000
25,000
1,000
826,000
287.000
432.000
63,000
25.000
214.000
180.000
72.000
547,900
482,000
,273,500
3,000
75.000
21.000

23.000
147.000
29.000
510.000
260.000
17.000
603.000
340.000
358,000
9,000
43.000
785.000
257.000
504.000
18.000
111.000
339.000
239.000
481.000
337.000
35.000
119.000
162.000
6,000

11.000

25.000
30.000
84.000
286,000
258,000

1922.
(12 mos.)

Jan. 2.
Bid.

992.000
137.000
1,226,000
911.000
6.926.000
3.968.000
1.079.000
792.000
73.000
66.000
103.000
10,661,000
1,000
323.710
535;000
227.000

49 %
85
_____
89%
108
104
1 07 %
97%

87 V 89 Vs
8

___

102%
99
100
9 3 % Sale
95
95%
107% Sale

90% 91%
102% Sale
9 2 % --------

2 27".666! 1 00 %
375,000| 7 6 Vs
1.335.000 102
2 .3 8 3 % 105
181,000; 98%
5 7 1 1 101%
6.373.000 114:%
13,603,000 99%
50,000; 88
92
709.000
97
949.000 98
136.000
98%
5,000 81
788.000
737.000 90%
1.039.000
97%
1.716.000
87
71,000 9 2 %
1.447.000
98%
1.903.000 92%

76

___
79

Sale
S a le "
Sale
Sale
Sale
Sale
114
95

97%
99

99%
82
82
91
98
88

93%
Sale

92%
80%

2,167,000 100 % Sale
_____
95
9
10
9.747.000
25.450.000
9% 10%
72
Sale
41.177.000
1.981.000
7 2 % Sale
94
Sale
7.129.000
75
79%
3.256.000
84,000 109
Sale
90
Sale
8.912.000
1.083.000
87% Sale
88
Sale
4.680.000
103
_____
6.372.000
80% 81%
41.000 96
96%
992.000 105% 106%
3.277.000 108
Sale
29.000 9 7 V s --------205.000 111 % ------28.000 102 %
75% 77
94.000
75% 76
145.000
16.000 80% 90
99%
228.000
99
184.000 99 % Sale
9 9 % 100
1.516.000
90
90%
1.842.000
518.000 9 2 % Sale
3,000
9 0 % _____
_____
22,000 100
86
_____
48
116
Sale
98
Sale
113 % 115
96% 96%
114 % 116
97
97%
61
62%
56
60
81% 82%
9 2 % Sale
9 5 % Sale

204.000
105.000

100,000

,969,000
1,000
17.000
62,000
64.000
267.000
218.000
76.000

10,000

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Pric.cz.

Sale
104%
108
99
Sale
Sale

4 9 % Jan.
9
84
Jan. 18
87
Jan. 18

54
Jan . 19
8 5 % Jan . 15
90
Jan .
2

864,000

1.891.000
3.887.000
4.047.000
2.486.000
1.459.000
1,000

201,000

4.287.000
2.563.000
9.501.000

88%
87%
3 103 %
10 100
2 105
24
30 8 1 %
19 9 7 %
2
10 92
4
12 9 9 %
3 85%
6 99%

6 3 % S e p t. 22

Jan . 31

N o v . 29 9 8 %
M a y 3 90
Jan .
6 108%
Jan.
6 107
A p r. 3 1 0 8 %

Jan.
3 108 %
Jan. 1 8,104%
107%
Jan.
97%
Jan.
Jan.
89%
Jan.
103
99
Jan.
Jan.
98%
or:
Jan.
Jan.
1 08 %
Jan . 30 91;
Jan. 30 103

Jan .
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan .
Jan.
Jan .
Jan.
Jan .

78
101 %
105
98%
1 00 %
1 14 %
99%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .

171 79
25 1 02 %
12 105%
23 101
30 1 01 %
19 1 15 %
10 104

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .

96%
97
98%
81%
81%
87%
94 %
87%
92%
97%
9l

Jan.
Jan.
Jan.
.Tan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

26 98
17 98
6 100
81%
84%
90%
10, 9 8 %
2 92
3 94%
26 99
25 9 3 %

Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan .
.Tan.
Jan .
Jan.

12
10
10
11
15
2
16
16
19
15
11

Jan. 2 7,1 01 % Jan .

6

Ju ly
Ju n e
A ug.
A p r.
S ept.

97
A p r. 1 7,1 00 %
5 1 82
30 7 0 % Jan.
3 1 02 %
Jan .
12 95
Jan.
3 109
18 103
13 9 7 % S ept. 2 100
6
3 117
25 1 1 0 % Jan .
24 9 6 % N o v . 22 1 0 3 %
86
Ju ly 21i 99

100
%
%
%
66%
91 %
74%
109
89
85%
85

30, 10
171 9 %
19; 72
17 7 3 %
171 9 4 %
5' 7 7 %
2 117
26 9 0 %
15 8 8 %
10 , 8 8 %

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

76

19
15
31
29
22

5 9 7 % F e b . 17
Jan.
F eb . 16 101 % M a y 15
. .
N o v . 29, 9 8 % A u g . 22
Jan.
9 1 0 8 % J u ly 20
N ov. 14 1 0 2 % A p r. 17
S e p t .12
July 2 1 1 0 4
O c t.
O ct.
A ug.
A u g:
O c t.

16
23
22
2
19

A ug. 2
A p r. 21
S ep t. 5

8 6 % Jan .
6 102
96
N ov. 28 100
9 4 % Jan . 23 100

M a y 31
Sept. 16
A u g . 23

77% Jan.

J u ly

84%
85%
97
86%

3, 95

N o v . 29 93
Jan . 20 9 3 %
N o v . 16 1 0 0 %
Jan .
5, 9 3 %

9 6 % Jan .

8% D e c .
Jan.
6
7 % Jan.
Jan.
8
Jan.
Jan . 9 54
72% D ec.
Jan.
9 3 % June
Jan.
7 2 % Jan.
Jan.
Jan .
Jan . 29 102
Jan.
Jan .
8 89
Jan.
2 8 3 % F eb .
Jan .
5 83% F eb.

8
6
69

M ay
N ov.
J u ly
A ug.

6
24
10
18
21

9,104

O c t. 19

13 21
5 1 8%
4! 7 8 %
22 82
17 9 8 %
28 8 2 %
28 114 %
4 99%
25 9 0 %
21 9 0 %

A p r. 25
A p r. 25
N ov. 1
A u g . 24
O c t.
9
M a y 19
M a y 24
M ay 3
S e p t .14
S ept. 21

1 106 %
5110
15 9 9 %
28 1 1 1 %
22 1 0 5 %
111 81
14 82

O c t.
A ug.
O ct.
M ay
A p r.
D ec.
S ep t.

Jan. 30, 8 0 % Jan . 12

105
107%
98%
110 %

Jan. 10 107
4 109
Jan.
Jan. 24! 99
Jan. 1 1 1 1 1 %

7 3 % Jan . 26i 76
97%
99%
99%
90%
92%

Jan .
6 102
Jan . 18 1 0 1 %
Jan . 22 9 1 %
Jan .
3 106%
93%
64
Jan . 12 66

Jan .
Jan. 25 101
4 100
Jan .
Jan.
5 1 00 % Jan .
Jan.
8 9 2 % Jan .
Jan.
21 9 5 % Jan .
Jan.

30
18
10
23
12

97
93%
82
84%

115%
97%
,115
96%
114 %
96%
60%
66
84%
91 %
94%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

18 117
18 9 8 %
19 116%
12 9 7 %
12 116
10 98
111 6 2 %
16 66
19 8 4 %
25 9 2 %
10 9 5 %

Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan .
Jan .
Jan .
Jan .
Jan.

39
112
91%
63 112
3 92%
20
12 9 6 %
11 5 7 %
16 4 8 %
19 6 4 %
2 81
30 9 1 %

109
1 02 %
102
102
98
98
107
99%
88%
99%
91
90%
86
92%
96%
88%
86

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.

17
12
3
11
25
26
8
2

Jan.
Jan.
Jan.
Jan .
Jan.
Jan .
Jan .
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan .

24
19
4
19
4
10
2
3
23
22
24
16
4
17
2
25
3

102
77%
109%
98%
82%
76

19.000
21.000
320,000
84.000
51.000

34

107 %
102 %
106%
94
87%
103
99
93%
95
106%
83%
100

118
1 03 %
102%
103%
99%
99%
109%
99%
5 91%
22, 9 9 %
24! 9 1 %
20 91
26 8 9 %
12; 9 3 %
17 9 8 %
4 1 91
29 8 7 %

100 % Jan. 2 3,1 01 % Jan.
2| 94
Jan .
9 2 % Jan.
Jan .
9 8 % Jan. 26,100

74,000

86,000
243.000
296.000
538.000

Highest.

9 4 % Jan. 25i 9 4 % Jan.
58
Jan. 10! 65
Jan.
Jan.
97
Jan. 2 2 1 97

4,000
114,000

74.000
80.000
85,000
282,000
119,000

Ask.

52
53
8 3 % 84
87
Sale
8 9 % 95
108
Sale
103% Sale
1 0 6 % Sale
95
Sale
8 9 % Sale
1 02% _____
9 7 % 100
9 3 % Sale
9 3 % 95
107
Sale
9 3 % -------101
Sale
9 2 % -------101
103
78% 78%
1 01 % Sale
1 04 % 105
97% 98%
101% Sale
1 15 % Sale
1 01 % Sale
88
95
92
95
96% 96%
96
Sale
9 8 % Sale
8 1 % 82
8 3 % Sale
90
91
9 7 % Sale
89 % 90
94% 94%
9 8 % Sale
9 1 % Sale
76
80%
100% Sale
95
_____
7 % 10
7
10
71
Sale
68
Sale
9 2 % Sale
77% 79%
111
113
86
Sale
86
Sale
8 6 % Sale
1 0 3 % _____
76
77
9 4 % 95
105% Sale
1 08 % Sale
9 8 % ..........
110%
103%
7 2 % 77
72% 74%
8 0 % 83
9 8 % Sale
100% Sale
100
Sale
9 2 % Sale
9 4 % Sale
9 0 % -------100
103
89
_____
42
48
1 16 % 117
97% 97%
116
Sale
-------- 9 6 %
112 % Sale
9 6 % Sale
6 1 % Sale
1 50
57
8 1 % -------1 91
Sale
| 9 5 % 96

Sale 104
103
104
1 0 2 % 107
102%
9 8 % Sale
99
98
9 8 % 99

102
100
102

53.000
51.000
22.000
82,000
58.000
44,000,
304.0001

Lowest.

Jan. 31.

Ask. Bid.
50
Sale
90
95
Sale
Sale
Sale
Sale

___

156.000
195.000
168.000
105.000
11,000
220.000
265,000

RANGE FOR YEAR 1922.

PRICES IN JANUARY.

Sales in

31%
30%
5%
4%
66
97
92
105%
104 %

June 3 101
Jan . 31 1 00 %
Jan .
3; 9 4 %
M a r. 2 95

24
2
11
15
27
4
1

N ov. 4
July 21
S ept. 19
A u g . 22

Jan . 11! 5 7 % O c t. 20
A u g . 31
4 120
Jan.
9 100 % A u g . 22
Jan.
5 119% S e p t . 19
Jan.
Oct. 30
3 101
Jan.
I
D e c . 1 100% June 8
3j 7 4 % S ept. 8
Jan.
Jan. 12, 6 3% O c t. 19
Jan. 11! 8 1 % D e c . 4
A p r. 13
5, 92
Jan.
F eb. 1 9 7 % A p r . 12

90

Jan . 10 126

June 20

99
94%
83
77%
79%
74%

Jan .
3 109%
Jan .
3 100
J an .
3 92%
June 2 9 8 %
F e b . 16 90
M a r. 22 97

D ec.
D ec.
M ay
O c t.
A ug.
June

26
7
15
7
11
20

87%
93
83
78

J an . 12
Jan.
4
Jan.
5
J a n . 28

94%
99%
93
91%

S ept.
S ept.
O ct.
S ept.

25
28
11
14

78%
27
9 2 )^
95
94%

June 21 95
Jan . 13 65
J an .
5 97%
A u g . 4 95
J an . 10,101%

N ov. 8
S e p t .27
S ept. 20
A u g. 4
O c t.
7

97

Oct.

S ept. 15

9,104
Jan.
Jan. 29; 79
9 ,1 1 2 %
Jan.
4 100
Jan.
Jan .
83%
76
Jan .

Jan .
Jan .
Jan .
Jan .
Jan.
Jan .

97
75
1 05 %
92%
76

35%
33%
8
6%
67%

Jan.
Jan.
Jan.
Jan.
Jan.

25%
24
4%
4
61%

97%
Jan.
94
Jan .
1 08 %
Jan.
Jan . 2 3 ,1 07 %

Jan.
Jan.
Jan .
Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

M ay
Jan .
A p r.
F eb .
M a r.
Jan.
Jan.

30,100

M a r. 4 1 0 2 %
D ec. 2 82%
J an . 30 1 12 %
J an . 9 101 %
Jan. 7 8 5 %
Jan .
Jan .
D ec.
N ov.
J an .

4
4
30
15
3

S ept.
O ct.
S ept.
S ept.
S ept.

21
16
8
23
15

44% M ay 3
44
M ay 3
15
M a y fl
14
M ay 2
7 2 % S ept. 21

D e c . 13 9 9 %
8 8 % J an . 6' 97
1 0 1 % J an . 6 1 0 8 %
1 0 1 % Jan .
3 108%

N ov.
S ep t.
A ug.
S ept.

15
22
21
13

F eb., 1923.]

BONDS
N.

Y. STOCK

EXCHANQE

Sales in
J a n u a ry

1923.

Sales in

1922.
(12 m o s.)

P R IC E S I N
J a n . 3.

N lag Falls P ow er 1st 5s___1932 J J
113.000
R efu n d in g & gen 6 s.J a n 1932 A O
35,000
2,000
N lag L ock & O nt P ow 1st 5 s .’ 54 M N
N o A m er E d ison 6s________ 1952 M S
498.000
N o r O h io T ra c & L t 6s____ 1947
N orth States P ow er 5s A . .1 9 4 1
287.000
61,000
1st < ref 6s Series B ____ 1941
fc
649.000
N orth w B ell T el 1st Ser A 7s ’ 41
N orth w T el 4 % s _ _ l _______ 1934
O h io P u b lic Serv 7 % s ____ 1946
7 s_________________________1947
O n tario P ow N F 1st 5s___1943
15,000
O n tario Transm ission 5 s . .1 9 4 5 M N
O tis Steel 20-year 8s_______1941 F A
62,000
7 % s ______________________ 1947
269.000
P a cific G & E gen & ref 5 s. 1942
112.000
P a cific P ow & L t 1st & ref 5s 1930
220,000
P a cific T e l & T el 1st 5s____ 1937
501.000
30-year 5s Series A . . ..1 9 5 2 M N
242.000
P a ck a rd M o to r Oar 8s____ 1931 A O
169.000
P a n -A m P et & T 1st lien 7s 1930 F A
1,000
P aterson & Passaic G & E 5s 1949 M S
P eop le’s Gas & C — 1st 6 s . .1 9 4 3 A O
15.000
55.000
R efund ing gold 5 s.'______ 1947 M S
414.000
P hila C o con v deb 6s g ____ 1944 F A
P ierce Oil C orp s f 8s_______1931 J D
10.000
Pleasant Val C oal 5s______ 1928 J J
P oca h on C on C oll 1st s f 5s 1957 J J
13.000
P ortland G en E lec 1st 5 s . . 1935 J J
13.000
P ortla n d R y 1st & ref 5 S ..1 9 3 0 m n
5,000
P ort R y L & P co n v 5s____ 1942 F A
98.000
6s-------------------------------------- 1947 M N
1st & ref Ser A 7 % s _____1946 M N
70.000
P o rto R ic o A m er T o b a c 8s 1931 M N
1,000
P rod & R ef C orp 1st 8s____ 1931 J D
99.000
P u b Ser C or N J gen 50-yr 5s ’ 59 A O
289,000
P unta A legre Sugar 7s____ 1937 J J
R em in g ton A rm s 6s______ 1937 M N
124,000
453,000
R ep u b I & S sink fun d 5 s ..1 9 4 0 A O
R ob b in s & M yers 7s______ 1942 J D
R o ch Pit C & I 5s_________ 1946 M N
R ogers-B row n Iron 7s_____ 1942 M N
6,000
St Jos R y L H & P 5s_____ 1937 M N
St Jos S tock Y ards 4 % s ._ 1 9 3 0 J J
St L R M t & P a c 5s stm p d 1955 J J
6,000
St Louis Tran gu im p 5s‘. . . 1924 A O
St Paul C ity R y C able 5s__1937 J J
Saks & C o 7s________________1942 M S
50,000
Sharon Steel H o o p 1st 8 s _ .1 9 4 i M S
72,000
Sierra & S F P ow er 5s____ 1949 F A
Sinclair C ons Oil 7s________ 1937 M S 821,000
Sinclair C rude Oil 3-vr 5 % s . 1925 A O 533,000
Sinclair P ipe Line 5 s ._ .’ ___ 1942 A O 1,219,000
So P orto R ic o S u g a r s ! 7 s . . 1941 J D
139,000
South B ell T & T 1st s f 5s 1941 J J
86,000
S tand G as & E l con v s f 6s_ 1926 J D
18,000
Standard M illin g 1st 5 s____ 1930 M N
71,000
S tand O il o f C a lif d eb 7s Jan 31 A F
334,000
Steel & T u b e gen s f 7s Ser C ’ 51 J J 324,000
Sugar E states Oriente 7s__1942 M S
Syracuse L tg C o 1st g 5 s . . 1951 J D
5,000
Syracuse L t & P ow s f 5 s . .1 9 5 4 • J
T
2,000
T en n C I & R R gen 5s____ 1951 J J
27,000
Tennessee C od 1st c o n v 6 s. 1925 M N
19,000
T en n E lec P ow er 6 s. .
.1 9 4 7 J D
T h ird A v e 1st ref 4s_______1960 J J
122,000
600,000
A d ju stm en t in com e 5 S ..1 9 6 0 A O
T h ird A ve R R 1st gold 5 s . . 1937 J J
31,000
T id e W a ter Oil 6 % s _______ 1931 F A
133,000
T o b a c P rod 10-year s f 7 s . . 1931 J D
90,000
T o le d o E d ison 1st 7s_______1941 M S
167,000
86,000
T o le d o T ra c L A P 6s_____ 1925 1' A
T ren ton G as & E lec 1st 5 s . 1949 M S
3,000
T ri-C ity R y & L t 1st s f 5s_1923 A O
25,000
T w en ty -T h ird St R y 5s___1962 J J
D n d ergr’ d o f L on d on 4 % s .l9 3 8 J J
5,000
In com e 6s________________ 1948 J J
U n ion B a g & P ap 1st s f 5s 1930 J J
20-yr 6s Ser A ___________ 1942 M N
174,000
U n ion E l L & P 1st g 5 s . -.1 9 3 2 M C
26,000
R efunding 5 s ____________ 1933 M N
U nion Oil Cal 5s____________ 1931 J J
6s--------------------------- M a y 1942 F A
U nion T a n k C ar eq u ip 7 s . .1 9 3 0 F A
91,000
U nited D ru g co n v 8s_______1941 J D
187,000
86,000
U nited Fuel G as 1st s f 6 s . .1 9 3 6 J j
U n R y s In v — 5s P itts i s s .. l 9 2 6 M N
166,000
U nited R y s St L 1st g 4 S ..1 9 3 4 J J
3,000
U nited Steam ship 6s_______1937 M N
6,000
U nited Stores R ealty 6s___1942 A O
U S H offm an M a ch 10-yr 8 sl9 3 2 J J
50,000
U S R e a lty & Im p deb g 5s 1924 J j
47,000
U S R u b b er 1st & ref 5s S erA ’ 47 J J 1,059,000
10-year 7 % s ____________ 1930 if' A
102,000
U S S m elt.R ef & M co n v 6s 1926 F A
183,000
U S Steel C orp s f g 5s A p r 1963 M N 1,316,000
R egistered ___________________
U ta h Light & T rac 5s_____ 1944 A O
U ta h P ow er & Lt 1st 5s___1944 F A
175,000
U tica E lec L & P 1st s f 5s g 1950 J J
U tica G & E l ref & ext 5 s . . 1957 J J
6,000
V ic to r Fuel 5s______________ 1953 J J
V a -C a r C hem 1st 15-yr 5s 1923 J D
150,000
C o n v d eb s f 6s____ M a y 1924 A O
*19,000
7s
---------------------------------- 1947 J D
347,000
7 % s , w ith w arrants____ 1937 J J
203,000
do
w ith ou t warrants___
V a Iro n .C o a l & C ok e 1st g 5s ’ 49 M N
V irginia R y & P ow 1st 5 s . . 1934 J J
22,000
V ertientes Sugar 7s________ 1942 J D
W arner Sugar 7 s . . _______ 1941 J D
183,666
W ash W a t Pow 1st 3 0-y r 5s 1939 J J
W estch ester L igh t g o ld 53.1950 J D
2,000
W est P enn P ow er 5s_______1946 M S
J D
6s_________________________ 1958
32,665
7s_________________________ 1946 F A
77,000
W est U n— C oll tr cu rr 5 s . . 1938 J J
27,000
Fun d & real est 4 % s g . _ 1950 M N
233,000
15-year 6 % s gold _______ 1936 F A
268,000
W estinghouse E & M 7s ..1 9 3 1 M N
.1
351,000
W ickw ire S pencer 7s_______1935 J
W ilson & C o 1st s f 6s_____ 1941 A O 201,000
170,000
10-year c o n v s f 6s_______1928 J D
241,000
10-year c o n v s f 734s_____1931 I ’ A
80,000
W inchester R ep A rm s 7 % s l9 4 1 A O

__

566.000
328.000
16,000
3.636.000
658.000
2.024.000
292.000
5.027.000
1,000
125.000
2,000
403.000
45,000
985.000

100
Sale 100
Sale
10434 Sale 103% Sale
yy y s --------- 9 7 %
9434 94 % 93 34 Sale
CA Qa 1
l
n
119 S/ 94
94.
Sale
9334
9234 Sale
Sale
91
10034 1013 10034 10134
34
107J4 Sale 10734 Sale
*
9134 92
10434 107
10334 1 0 7 '
-----101
10134 102
96
Sale
»u
o a ic
95 34 Sale
92 34 9 4 34 9234 9434
oq i^
9834 o n
99
9834
93
9434 91
93
9234 Sale
9134 Sale
92
Sale
9134 92
98 34 Sale
9834 Sale
9134 Sale
9134 Sale
Sale
107 34 Sale 108
10334 Sale 103
Sale
9234 ---------. . .
10734 10734 107 U 111
92
Sale
92
93
100
Sale 10034 Sale
------- 9634 9634 98
83
90
83 34 90
9334 95
9134 9134
9034 95
93 34 Sale
86 34 8 8 34 8634 90
83 34 Sale
84 34 Sale
95
9634 9534 9634
Sale
106 34 10 7 34 107
_____ 103
_____ 10334
123
Sale 12 5 34 Sale
85
Sale
85
Sale
107 % Sale 105
Sale
9 3 % 94
9 3 % Sale
94
9 4 % 9 4 % Sale
97 Vs 98
9 8 % Sale
91
91
.
92%
90%
7 5 % - - - 76
85% 85%
84
8 6 % S3
85
62
66
93
- - 93%
101
Sale 101% Sale
99 % Sale
9 8% 9 8%
8 6 % 88
86
101
Sale 100% Sale
98 % Sale
9 8 % Sale
89
Sale
8 6 % Sale
Sale
100
Sale
99
95
96
94
95%
99 Vs 100
9 9 % 99i%
9 7 % Sale
95% 96%
105 Yg Sale 105% Sale
Sale
104
Sale 103
97
Sale
9 6 % 97
93
--------- 9 3 % 95
85 % - ___ 8 2 %
100 % _____ 100% Sale
9 9 % 100
9 9 % 100%
94 % Sale
94
5 8 % Sale
61
Sale
60
Sale
58 H Sale
Sale
94
96
95
103 % Sale 103% Sale
103
105
Sale
103
106 % Sale 103% Sale
98
98% 98% 98%
95
91 14
100
1 00 % 100
100%
63
68 %
68%
90% 96% 89% 96%
75
78%
97 % 9 7 % 97
97%
97
Sale
9 7 % Sale
96% 96%
9 1 % Sale
90%
95
_____ 9 3 % 99
101 % 102% 101
Sale
103
Sale 103% Sale
112% Sale 113
Sale
9 7 iSale
9 7% 9 7%
8 7 }z% Sale
8 8 % 89
6 1 % 64 % 6 1% 64
_____ 92
8 7 % 88
99 % Sale
99% 99%
103 % 104
103% Sale
100
Sale
9 9 % Sale
88 Pi Sale
8 8 % Sale
109 % Sale 108% S a l e ,
100
1 0 1 % 100% 1 0 0 %
103 % Sale 103
Sale

99 34
10334
9734
93 34
9314
9134
10034
10734

Jan .
Jan .
Jan .
Jan.
Jan.
Jan.
Jan .
Jan .

101

Jan.

2.376.000
557,000
9.539.000
5.258.000
2.240.000
2.087.000
156.000
488.000
414.000
1.103.000
1,000
120.000
35,000
111,000
321.000
573.000
465.000
518.000
1.078.000
1.789.000
Zi>I,UUU
288,000
799,000

834.000
20,000
1,000
25,000
84,000
32,000
116,000
1,364,000
2,000
11,628,000
4,312,000
3,773,000
2,733,000
962,000
136,000
747,000
4,329,000
168,000
168,000
11,000
7,000
92,000
84,000
97,000
1,661,000
11,341,000
209,000
2,887,000
1,995,000
387,000
7,000
1,131,000
7,000
72,000
670,666
40,000,
51,000
37,000
3,000
1,461,000
1,960,000
596,000'
1,493,000
311,000
5,020,000
24,000
169,000
1,860,000
9,618,000
2,506,000
662,000
662,000
33,000
5,000
1,706,000
3,000
8,000
3,916,000
1,380,000
3,514,000
1,070,000
6,081,000
191,000
240,000
6,000
896,000
106,000
19,000
19,000
8,000i
277,000'
458,000
608,000
18,000
3,940,000
1,786,000
3,456,000
4,838,000
7,907,000
946,000

B id .

Sale
Sale
92%
Sale
65
Sale
100%
Sale
Sale
Sale
95%
85%
97%
Sale
____
99%
92%
101 %
104
Sale
92
Sale
Sale
Sale
Sale
Sale
Sale
Sale

85% 86%
9 1 % Sale
95%
92 * 9 3 %
75
100% Sale
100% Sale
9 6 % Sale
9 1 % Sale
8 7 % 90
9 5 % Sale
8 4 % Sale
9 7 % Sale
104% Sale
98%
96% 98%
9 2 % 9 2%
101% 102
104 % 104%
98% 98%
92
Sale
109
Sale
108% Sale
9 7 % S ale
100% Sale
9 4 % Sale
102% 103
102
Sale

a O n t h e b a s is
toth e £ sterling, b On thebasis o f fo u r m arks to on e d olla r,
s a le , t B on d s "w h e n issu ed .”
x F la t p rice.

16
27
23
19
18
19
24
16

101
105
98
96
95
93
102
108

Jan .
J an .
Jan .
Jan .
Jan .
Jan.
Jan .
J an .

Sale P rices

Jan.
12 94
10 10154 M a r.
F eb .
18 94
June
12 90
8 9334 O ct.
F eb.
4 88
Jan.
5 98
5 10534 A p r.

10134 Jan .

95 34 Jan . 27

993
4

88
91%
91%
92%
52%
100 %
100%
97%
93%
86
93
84%
97%
104%
98
97%
92%
101 %
103%
98
91
111%
107%
98
1 00 %
93%
1 02 %
101 %

S a le P r i c e

P r ic e s .

H ig h est.

L o w est.

H ig h e st.

L o w e st.

Sale

A si.

R A N G E FOR Y E A R 1922,

JAN U ARY.

J an . 31.
A sk.

B id .




25

BONDS—STOCK EXCHANGE BECORD

8

99 34
Jan.
9434
Jan.
9334
Jan.
94
Jan.
Jan.
99 34
9234
Jan.
Jan.
41108
Jan. 19 10534

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

107
92
99 34
9534

Jan.
Jan.
Jan.
Jan.

10734
9334
10134
98

Jan. 26 10134 Jan . 12
Jan.
9
Jan.
4 85
Jan . 10 9834 N ov. 1
Jan . 26 9234 S ept. 18

91
93 34
8734
82
95
10634
103
123
8134
106 %
93
94%
97%

.Tan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan. 25
Jan. 23
Jan.
3
Jan. 18

92
9434
8734
8634
9 6 34
107
103
126
86
108
96
96%
98%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan .
Jan .
Jan .
Jan.
Jan.
Jan.
Jan.

83

8654
8734
9 1 14
9034
98
9434

F eb .
Jan.
Jan.
N ov.
Jan.
Jan.

110
9 6 34
102 34
10234

13 100

78
57
8
3 102
Jan. 18 9 8 %
2 9 9 % Jan. 16 93
18
15
24 101 % Jan. 10 9 7 %
29 99
Jan. 16 97
24 8 9 % Jan.
3 87%
25 100 % Jan. 12 94
22 97
Jan. 30 91 %
8 93%
15 9 9 % Jan.
11 9 9 % Jan. 30 96
3 104%
3 106
Jan.
23 1 0 7 % Jan. 30 95
9
24
24 9 1 % Jan. 24 8 5 %
85%
3 101
Jan . 22 97
4 100
4 92%
Jan.
9
10
24 62
Jan.
3 5b %
2 5 9 % Jan .
4 44%
30 9 5 % Jan. 10 88
4 105
Jan.
9 100
29 1 04 % Jan. 11 9 7 %
41107% Jan. 11 104
3 99
8 98%
Jan.
1fi
16
3 96
3 100
Jan.
8 4 % Jan.

28 9434
5 95 34
5 100
16 95
10 108
30 10334

S ept.
S ept.
S ept.
A ug.
N ov.
O c t.

18
21
1
11
6
6
20
13

17

88
58

Jan.
4
M a v 10

22
14
16
21
15
26

S ept. 11
S ept. 20
O ct.
4
M a y 31

24 8 6 % M a y 18 9434 D e c .
29 88 34 June 21 9334 D e c .
Jan . 11
16 81
9 90 " M a y
29 78 34 Jan.
12
Jan. 4 10834 S ept.
3 102
M a r. 2 104?4 O ct.
23 99
S ept.
F e b . 3 123
23 99
Jan. 3 9034 A u g .
29 73
3
11 9 3 % N o v . 7 9 8 % S ept.
12 90
Jan.
7 9 8 % Sent.
12
11

4

Jan. 30

S ept.
S ept.
N ov.
S ept.
S ept.
S ept.
O ct.
Jan .

S ept. 27
90
Jan. 11 99
79
Jan.
5 9334 O ct. 19
A p r. 19
9634 F eb . 18 103

9734
9134
9134
9134
98
90 34
107
102

9 2 % Jan.

P r ic es .

8

9634 Jan.

! Sale
4 10134
7 105
9934
9634
9734
y6
103 34
10834

May

6
28
4
15
13
28
29
22
26
1

O ct.
2
M a y 25

8

100% Jan.
9 7 % Jan.
100
97%
85%
98%
93%
96%
96%
105 %
101

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

9 1 % Jan.
100% Jan.
100
Jan.
58%
56%
93%
102 %
102 %
1 06 %
98%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

100

Jan.

9 0 % Jan. 22 100
9 6 % Jan. 22
9 6 % Jan. 30
9 1 % Jan . 12
101%
103 %
1 12 %
96%
87%
61%
88
102%
99%
87%
107
100
1 02 %
91 *

Jan. 18

99
Jan. 15
9 6 % Jan. 29
11

73
60

July 14 1 03 % S ept. 27
O ct. 10
M a r. 2 102
June
N ov.
N ov.
F eb.
A p r.
M a r.
Jan.
M ay
M a r.

8

9 2 % Jan.

Jan. 20 100 %
2 100%
Jan.
Jan. 27 98
Jan. 17 94
9
Jan.
Jan.
9 95
Jan. 23 8 5 %
22
103% Jan.
3 106

2
2
12
3
22
Jan. 20
Jan.
9
9
Jan. 10

96%
91%
101%
104
97%
91%
109 %
107%
96%
100
92
102
100 %

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

100
100%
96
91%
86
93
84

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan .
Jan .

23 9 7 %
26 93
21102%
9, 105 %
3 99%
4 92%
25 111%
2 1 08 %
4 98
19:102
17 9 4 %
3 1 03 %
9 104

Jan.
Jan.
Jan.
Jan.

2

c First installm en t p a id ,

102
100 %
95
103
99%
101 %
100
108%
105

S ept. 15
D ec. 4
O ct. 14
A u g . 21
A u g . 31
O ct.
9
S e p t .15
D e c . 15
O ct. 18

July
6 94%
6 85%
Julv
Jan . 17 1 00 %
Jan .
9 100

A ug.
Ju ly
S ept.
June

30
K6
26
21

Jan.
7 69%
Jan.
5 68%
Jan.
7 98
.Tan. 5 1 04 %
F e b . 10 108
July 181109
A u g. 22 100

S ept.
S ept.
O ct.
O ct.
A u g.
S ept.
S ept.

19
8
7
17
14
10
11

Jan. l i 100 % M a r. 29
88
D ec. 4
7 4 % N o v . 17

Jan. 27
Jan. 27

12 104 % M a y 20
9 6 % June 30 102
S ept. 15

5
9 1 % A p r. 4 9 7 % O ct.
J u lv 27
8 7 % M a r. 6 99
9 4 % D e c . 13 9 4 % D e c . 13

9
Jan. 17
Jan.
6 104 ” Jan. 12 1 0 2 % M a y
Jan.
2 1 13 % Jan. 19 104
Jan.
Jan. 26 98
Jan. 10 9 2 % A p r.
Jan.
3 9 0 % Jan.
8 75
Jan .
Jan.
8 6 3 % Jan. 18 5 1 % Jan.
Jan. 25 90
Jan. 17 8 9 % N o v .
6
15
Jan. 19 103% Jan.
5 98
A p r.
Jan.
Jan. 17 92
Jan.
8 100
Jan. 25 89
Jan. 30 86
Jan.
Jan. 26 109
Jan. 12 103 % M a r.
Jan.
5 101 % Jan. 26 9 6 % Jan.
Jan. 23 104
Jan.
5 9 9 % Jan.
4
15
24
26
Jan. 13 92 * Jan.
6 88% N ov.

9 1 % Jan.

21
15
16
9
4
16
18
31
16

91

24 104 %
3 113
18 9 9 %
4 91
3 69%
18 9 5 %
11
4
4
1
30
.5

105
100%
91
110 %
103%
104 %
95

A ug.
A u g.
O ct.
S ept.
O ct.
June

21
22
4
8
10
14

S e p t .15
D e c . 14
Ju ly 19
S ept. 6
M a y 19
S ept. 13
A p r.

8

91% N ov.

24

June 23

1

101%
100%
99%
1 05 %

M a y 17
S ept. 13
July
1
A u g . 23

93
93%
95
90

Jan.
4
Jan.
9
D ec. 2
D e c. 22

87
72

.Tan.
6 98% M ay 5
Jan. 25 8 8 % O ct. 24

9 9 % June
95
F eb.
A u g.
3 97
5 102 % N o v .
15
16
5 9 0 % Jan.
9 8 8 % Jan.
2 1 06 % Jan.
16 105
Jan.
2 95
N ov.
3
93
Jan.
26 8 4 % Jan.
16 9 4 % Feb
15 1 00 % N o v .

1 4,1 04 %
20 99 M
141100 %
15 107%

N ov. 9
O ct. 24
Oct. 31
O ct.
9

12 101
4 95
3 114
4Y 09
28 103
4> 102 %
28 100%
9 110
15 1 04H

S e p t .12
F eb. 9
A u g . 22
A u g. 21
M a y 19
S ept. 25
S ept. 21
S ept. 15
S ept. 25

1

d Full p a id , e P a rt p a id .

O p tio n

[V ol. 116.

STOCKS-STOCK EXCHANGE RECORD

26

S T O C K S —PRICES AND SALES FOR JANUARY AND THE YEAR 1922.
I n a ccorda n ce w ith a rule o f the S tock E xch an ge, e ffe ctiv e O ct. 13 1913, all stocks are now q u o te d dollars per share.
P rices are o n basis o f 100-share lo ts . E xcep tion s o f stocks w h ich sell o n ly In a sm all w a y are n o te d b y the letter a. O p tion sales are d is r e g a rd e d .

SALES.

j

STOCKS

In
112 Months
Y S T O C K E X C H ’ GE January ( 1922.
Par.
A n n A r b o r _____________100
P referred ____________ 100
A tch ison T o p & S F e__100

Shares.

Shares.
200
2.700
27,400
8.250
3,900
7.900
168.000
4.800
1,440
50
74,100
25,200
220

B an gor & A ro o s to o k , p ref.
B eech C reek _______________
C ertifica tes o f d e p o s i t ..
B u ffa lo R o ch & P it ts .

35,000
____ __
1,700
63,300
5,800
R ig h ts.
7,900
2,900

1,153,166
407,200
12,929
910
1,200
638,440
1,689
21,188
606,300
49.800
51,100
411,035
185,266
415,926
213.850
234,809
287,300
956,550
138,160
1,160,770
37,600
1,030,130
97,000
107,010
68,3271
13.650,
40,000
17,400
69
93
37.900,
10,200
2.100
70,400
228,200
10
2,80

5,500
4.600
7,300
17,300
81,000
75,500
35,900
1.800
99.400
4.600
2,600
4.400
300
400
_______

P referred (new ) _
Ihlcago G reat Wes
P referred _______

6 % preferred________
h ie St P M inn & O m .
P referred ........ .............
P referred .

1
1
1

D etroit & M a ck in a c.

19.010
100,975
674.365
81,660
229,400
139.350
1,805,946
69,055
1,700

1

2,400
200
100
18.600
11.700
_______

E rie.
3

r
3
3
3
3
3
3
R igh ts____________
In terb oro C on s v t c .

r
0

In terb oro R ap Trans (w 1)

P referred .

M a n h attan R y guar
E q u lt T r C o o f N
M a rket Street R y ._
P referred ...............
P rior

Full p a id -----------l o K a n & T exas (
Preferred (n e w ).

3
3
0
3
3
3
3
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Preferred trust c t fs .

14

8.400
1.80C
30C

r)

0
0
0
0
0
0

400
1 601
24,200
37.000
]
900
8,550
13.70C

)0
30
30
30

91.30C
2.60C
60C
3.20C

N orfolk & W estern ------




30
30
)0
)0
30
30
30
30
30
30

Ask

61
114,60C
5 ,10C
____
10C
1 5 ,IO
C
30
42.90C
60,87,
1.60C

Jan. 31.

R

A sk. B id.
Ask.
10
Sale
14
20
18
14
28
32
37
34 V, 3 5 %
9 2 % Sale
1
Sale 1 00 % Sale
8 5 % Sale
Sale
89 y, Sale
1
Sale
2
Sale
1 % Sale
84
Sale
1
i
Sale 115 P Sale
4 6 5 Sale
-|
3 4 % Sale
S ile
52
53%
59
59 %
Sale
91
94
Sale
41
41
34
6 % Sale
i m Sale
16% Sale
5
6
12 % Sale
9 % Sale
_____ ______
65
70
70
90
91
87
06
67
1
85
115
120
120% Sale
l
Sale
Sale 143
48
_____
51
50
185
192
2
229
210 % 218
74 54 Sale
5 5 % Sale
Sale
_____
____ 1
Sale 1 0 2 % Sale
4%
6%

6
9

2%

2%

3% 3 %

13%
33
6%
16 %
18%
32%
63%
102
32 %
84%
72
52
82
54%
72%
63%
35%
39%
56
49
107
117%

1 4% 28
29%
3 4 % 54
58
Sale
4 % Sale
Sale
9 % Sale
Sale
23 % Sale
Sale
34 4i Sale
Sale
81 % Sale
Sale
1
116% Sale
Sale
32 % Sale
92
Sale
Sale
Sale
82 % Sale
54
71 V 75
*
87
99
104
56
72 % 80
76
.
80
69
_____
_____
40
_____
40
42 % Sale
58
5 8 % 61
Sale
50
59
Sale
1 15
Sale
Sale
i 2 7 % Sale
25
_____
_____ 71
.

109%
80,100 108
303,166 3 5 % Sale
80,265
62,100
3
4%
17
28,600 14
Sale
173,900 35
53,100
5%
6% '
_____
637 100
5 % Sale
251,640
32,624 05
69
4,204 88
94
_____
70C 60
1
Sale
372,255
2 % Sale
26,980
8 6 ,60C
8 % Sale
16,100
Sale
1.80C 20
4,400
4 0 4 ,50C
612.600 1 7 % SaFe
7 0 3 ,26C 4 5 % Sale
75
11C 70
8
21.70C _____
315,001 1 3
4
156,751
55
57
301 _____________
200 ____________

2.700
700
5.600
1.40C
50C
3,800
500

1

N Y L a ck & W e s te rn ..
N Y N H & H a r t fo r d ..

Jan. 2

18,60r'
2%
3%
14,60'
3%
5
340
1,270,62"
10% Sale
391.930
15% Sale
148,825 10% Sale
1,116.470 7 3 % Sale
613.571 3 1 % Sale
4%
6%
53.390
Sale
50,700 16
138,707 98
Sale
32,700 — .................. ]
1,750 58
65
..........
1,310 67
314,462
527,090
i % Sale
9.400
455.740
4
Sale
4.200
44,800
12,200
36,000
3.400
21.600
3%
6
300
315.500 2 3 % Sale
15,400
43.824 5 2 % Sale
2,400
2,400
2
5
_______
100 15
25
_____
14
343,900 12
800
91.370 2 8 % 30
1,500
951,600 5 7 % Sale
74,200

Class A .
N ew Y o r k C e n tr a l..

Bid.

RANGE FOR YEAR 1922.

PRICES IN JANUARY.

1922.

100
500
______
36.900
36.800
5,300
39.300
15,150
2.400
3,000
6,000
2,700

700
100
£00
24,800

Preferred

Price about

2%
4%
1 1%
16
11%
75%
30%
1 2%
44%
13

29% Sale
54
52
5 % .sale
1 2 % Sale
2 3% Sale
3 7% Sale
8 1 % Sale
117%
116
3 4 % Sale
93
Sale
82 y } Sale
*
7 2 % 74
1 02 %
101
7 2 % 77
1 02 % 102%
65
80
40
42
Sale
62
58
4 9 % 55
115% Sale
127% Sale
30
25
66%
3%
5%

3%
5
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

66%
73

_
_
136

39
Sale
9 % Sale
4 0 % 42
70 m* Sale
2 6 % Sale
110
350
6 % Sale
54
60
83
90
63
68
10%
12
1 0 % 14
14% Sale
3 9% Sale
31
37
3 0 % 34
16
Sale
4 4 % Sale
77
82
Sale
Sale
85
Sale
85
Sale

1,651,71C 7 3 % Sale
9 4 % Sale
89.80C 5 2 % Sale
4,301 7 0 % 72
23.42C 6 0 % 62
7 6 % Sale
83^
23C ____________ 100
Sale
21 % Sale
1 3 % Sate
3,209,651
2 0 % Sale
2 0 % Sale
3 9 3 ,81t>
10. 1 .....................
401> _____ 55
13
15
33,001> 9
|
Sale
112% Sale
374,671 9 6 % Sale
75
86
9,801
70
72
7 5 % Sale
1,014,301)'• 7 6 % Sale
4 6 % Sale
1,272,06' I 3 3 % Sale
13% 15
94,1011 1 1
12

29
24
2
12
25

140 % Jan . 17 144 % J an .

3

26%
51
4
8%
20%
32%
77
115
31 %
89%
81 %
71
102%
76

Jan .
Jan.
Jan .
Jan .
Jan.
Jan .
Jan .
Jan.
Jan.
Jan.
Jan.
Jan .
Jan . 30
6
Jan.

30%
53%
5%
12J*
24 v2
34
82%
117
34%
94
83%
74%
102%
76%

Jan .
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.

40
58%
55
103
122%

Jan .
Jan .
Jan.
Jan.
Jan.

42%
58%
55
117%
129%

Jan.
Jan .
Jan.
Jan.
Jan .

3
5

J an .
Jan .

3
Jan .
4 % Jan.

J
5
18
Sale
2 2% Sale
5
6
2 1 % Sale
54
57

% Jan.
% Jan.
15
J an ,
22
Jan .
4 % Jan.
1 8% Jan.
5 2 % Jan .

%
%
20%
23%

32%
Sale
6 8 % Sale

3 1 % Jan .
66
Jan .
6 6 % Jan.

34
J an .
6 8 % Jan .
7 1 % Jan .

10%
15
1 1%
71
30
12%
44%
110
113

Jan.
Jan .
Jan .
Jan .
Jan .
Jan.
Jan .
Jan .
Jan.

75%
%
%

Jan .
Jan.
Jan.
Jan .
AM Jan .
2 2 % Jan .
55
J an .

10

130
44%
38
8%
40
67

21%

340
8
61
84
64%
10%
11%
15%
40%
36
34
31%
16%
44%
77
6%

130%
45%
35 %
8%
8%
40
41
66%
Sale
21%
Sale
350
5%
Sale
60%
Sale
85
89

Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

137
47%
39%
9%
42
70v*
26%
550
8%
64%
88%

Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan .
Jan.
Jan .

9%
12
13%
37

Jan .
Jan.
Jan .
Jan.

11%
12
15%
41%

Jan.
Jan .
Jan.
Jan.

3 0%
35%
15%
41%
78
6%
2%
84

Jan.
Jan.
Jan .
Jan.
Jan .
Jan.
Jan.
Jan .

34
36%
1 7%
45%
78
7%
3%
89

Jan.
Jan.
Jan .
Jan .
J an .
Jan.
Jan .
J an .

134
Sale
Sale

66%

Sale
12%
Sale
Sale
37
39%
3 3%
Sale
Sale
82
7%
3
2%
8 7 % Sale

90

29
6
6
11
2
12
24

2 % Jan . 29
4 % Jan . 29

11%
18
1 2%
76
32
1 4%
48 %
113%
115

Sale
Sale
Sale
Sale
Sale
Sale
48
Sale
Sale

30

210
Jan. 29 220
J an . 23
69
J an . 17 7 6 % Jan . 30
101 % Jan . 22 1 0 2 % J a n . 4
2 % Jan. 4
3 % J an . 12

93

Highest.

Sale Prices.

Prices
Jan.
J an .
Jan.
Jan .
J an .
Jan .
Jan .
J an .
J an .
Jan.
Jan .
Jan .
J an .

14%
32 %
100
88%

16
10
6
17
3
17
17
24
25
11
11
11
22

Sale
16
35
102%
90
2
116 %
49%
60%
94%
40
16%
13
68

Jan.
Jan .
Jan .
Jan .
Jan.
Jan.
Jan.
Jan .
Jan.

11%
17%
12%
74%
30%
1 4%
45
112%
113%
74

% Sale
3% Sale
20
Sale
22
Sale
4%
6
1 9% Sale
5 3 % Sale
3
10
20
34
Sale
7 0 % 77
70
Sale
134

2 % Sale
4 % Sale

Sate P rices.
Jan .
Jan .
Jan.
Jan .
1 -/a Jan .
1 1 0 % Jan .
4 0 % Jan.
57% Jan .
J an .
91
40
Jan .
1 0 % J an .
8 % Jan .
J an .
64

Lowest.

Highest.

L ow est.

Sale
24
52
1 08 %
95%
5%
124%
60%
66%
94

Prices.

10
27%
91%
84%
%
83
33%
52%
92%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
N ov.

6
5%
50
65%
81 %
119%
51
184
54
100%
%
1%
3%

Jan
Jan.
Tan
D ec.
J Lne
i
Jan.
Feb.
M a r.
Jan.
D e c.
O ct.
Jan.
Jan .

29
24%
74
95
115
151%
56%
245
79
1 05 %
1
12%

30
30
10
27
22
31
17
23
21
3
2
3
25

12 %
31 %
3%
7
17%
29
59
100
30%
8 3%
7 0%
51
83
54
72%
65%
37
38
55
49
1 06 %
108
50
57%

F eb .
F eb.
D ec.
D e c.
Jan.
Jan.
Jan.
Jan.
D e c.
Jan.
Jan.
Jan.
F eb .
Jan.
Jan.
F eb.
Jan.
Jan.
Jan .
Jan.
Jan.
F eb.
S ept.
M a r.

43%
64%
1 0%
24%
36%
55%
95%
125
50
105
95
90
14 107
41 8 0 %
3 100%
16 7 1%
26 37
10 5 3 %
16 66
3| 5 9 %
4 141%
14 143
20 50
17 7 0 %

A u g . 21
A u g . 22
M a y 27
M a y 29
A u g. 22
S e p t. 11
S e p t. 11
A u g . 21
S e p t. 14
S e p t. 14
S e p t . 14
S ept. 15
S ep t. 23
S e p t . 15
O c t. 17
S ept. 22
Jan . 26
A p r. 24
M a r. 23
S e p t. 15
S e p t. 8
O c t.
4
S ep t. 30
O c t. 11

2%
3%
20
7

Jan.
Jan.
F eb.
Jan.
Jan.
Jan.
Jan
N ov.
Jan.
Jan.
Jan.
June
Feb.
Jan.
June
D ec.
D ec.
D ec.
D ec.
O ct.
N ov.
D e c.
Jan.
J an .
F eb .
F eb .
Jan.

11%

7%
70%
28%
5
16
97%
104%
61
71

17%
21 %
4
17
52%
5
25
10
2 6%
56%
108
35
44%
3%
17
35
5%
120
5
55
70
63
%
1%
34
7%
24%
30%
31%
1 5%
40
76%
6%
2%
54%
49
90

3
26
3
3
14
9
27
27
9

A u g . 30
A u g . 25
S e p t .14
A u g . 21
A p r. 17
Sept. 11
A u g . 21
A u g . 23
O ct. 26

June
June
O c t.
A p r.
D ec.
A u g.
O c t.
O c t.
A ug.
O c t.
O c t.
A ug.
20% M ay

6

A p r . 25

10 % A p r. 18
20

18%
28%
20%
95%
45%
19
47
115%
116
72
79
1
5
12%
32%
26%
1 3%
30%
59%
9%
25
39%
77
72

Jan .
9 144%
6 58
Jan.
A u g. 10 5 5 %
Jan. 28 11
Jan.
9 50%
Jan.
3 69
Jan.
9
F eb . 14
Jan.
6 14%
June 29 7 5 %
June 5 9 4 %
June 23 68
1 5%
Jan.
Jan.
14%
3 '%
S ept.
Jan.
1 9%
Jan.
48%
39%
July
36%
D ec.
D ec.
25%
63%
N ov.
79%
Feb.
D ec.
19
N ov.
7%
87%
Jan.
N ov.
49%
D ec.
91

F eb.
M ay
A ug.
M ay
O c t.
A p r.
M ay
S ep t.
S e p t.
O c t.
S e p t.
O c t.
M ay
A p r.
A p r.
A ug.
J une
J une
A p r.
A p r.
J une
Jan.
June
S e p t.
S ept.

9
23
21
23
18
13
22
16
15
16
26
10
25
8
8
24
20
8
25
26
6
9
6
27
9

O c t. 17
A u g . 30
A u g . 30
M a r. 14
A p r. 11
S e p t. 28
A p r. 10
D e c . 21
A p ril 29
O c t. 19
S e p t .11
S ept. 7
D e c. 26
M a y 24
S e p t . 16
A u g. 25
A u g. 17
D e c . 28
D ec. 8
A p r. 6
S ept. 12
O c t.
6
A u g . 21
M a y 27
D e c . 14
N ov. 8
N o v . 21

4 101% O c t. 17
4 7 2 % Jan.
Jan. 22 9 5 % Jan .
5 9 1 % O c t. 16
Jan . 29 51 % Jan.
Jan. 22 84
O c t. 17
Jan.
6 102
Jan . 16 72
Jan. 19 97
S ept. 12
5: 93
2 88
J an . 16 6 1 % Jan.
Jan.
J an . 18
Jan. 18 100
J an . 8 100
Jan.
8 162
O c t. 14
9 9 % D e c . 28 102
1 0 0 % Jan .
Jan.
98
A u g . 23
1 2% Jan.
51 38
2 2 % Jan.
Jan .
21
Sale
1 8% D e c . 27 3 0 % A p r. 6
2 0 % Jan .
Jan .
20 %
20
3 3 % F e b . 27
3 3 % Feb.
F e b . 20
61
55
Jan .
2 2 % June 6
8 % Jan.
Jan .
14
15
15
Jan. 13 15
9 6 % Jan.
9 125 % S ep t. 9
Jan.
112% 113 % 109 % Jan. 10 114
O ct.
6
72
Jan.
9! 82
3, 78
Jan.
75
80 I 7 6 % Jan.
73
D e c . 29| 9 0 % A u g . 24
Jan.
7 4 % Sale
72
Jan. 23; 76
3 3 % Jan. . 3 4 9 % O c t. 26
47
Sale I 4 6 % Jan. I I 1 4 7 % Jan.
99
11 9 « '■
/„
1 0 %
Tan
1 3 % 1 4% 12
Jan. 17 13% Jan.
9 4 % Sale
82
84
94
96
83
85%

93
78
79%
7 6%
162
100
1 6%
1 9%

N

Y

ST O C K S
S T O C K E CCH ’ G E
Par

Pere M a rq u ette v t r — 100
P rior preferred v t r .1 0 0
Preferred v t r _____ 100
P itts F t W & C h ic , p re f.100
Pitts & W V a .............. 100
P r e fe r r e d ______ _____100
R eading C o m p a n y ____ 50
First p r e f e r r e d _____ 50
S econd preferred_____ 50
R utland R R p r e f . . _ 100
St Louls-San F tr ctfa .1 0 0
Preferred A tr ctfs .1 0 0
St Louis S outhw est___100
P r e fe r r e d ____ _ _____100
Seaboard A ir L i n e ___100
Preferred __
_ ___100
Southern P acific C o ___100
Southern R a ilw a y _____ 100
P r e fe r r e d ___________ 100
T exas & P a cific_____ .1 0 0
T h ird A v e n u e ________100
T o l St L & W est T r rects.
Preferred trust re c ts —
T w in C ity R apid T r a n . 100
Preferred __________ 100
U nion P a cific__________ 100
Preferred _____ ____ 100
United R ys Investm ent 100
Preferred ____________100
W abash . _____________100
Preferred A _________ 100
Preferred B _____ .1 0 0
W est’ n M a ry l’ d (new) .1 0 0
2d preferred_________ 100
W estern P a c i f i c ______ 100
P r e fe r r e d ____ __ ____ 100
W heeling & L E R y ___100
Preferred __________ 100
W isconsin C entral____ 100
Industrial and Mlscell.
A dam s E xpress________100
A d va n ce R u m ely_____ 100
Preferred __________ 100
A ir R ed u ction I n c _ .n o par
A ja x R u b ber I n c ______ 50
Alaska G old M in es____ 10
Alaska Juneau G old M . .1 0
A ll Am erican C ab les___100
A lliance R e a l t y . . _____
A llied C hem & D y e .n o par
P r e fe r r e d ___________ 100

SALES.

12 Months
In
1922,
January
Shares.

61,500
2,500
2,300
70
28,700
300
72,200
7,300
8,400
1,400
24,800
8,700
25,000
23,500
6,200
6,600
79,100
403,500
44,100
23,000
2,600
1,200
6,000
1,700
43,600
4,800
6,100
4,200
17,000
48,200
2,400
16,100
10,900
10,100
2,400
10,500
6,100
4,100
2,900
3,100
100
4,800
28,200
3,400
4,300
460
61,000
2,600

Allis Chalm ers M fg ____ 100
P r e fe r r e d ______ ____ 100
A m er A grlcul C h em ___100
P r e fe r r e d ............ ........ 100
A m er B ank N o te ______ 50
P r e fe r r e d ____________ 50
A m erican Beet S u g a r .. 100
Preferred __________ 100
A m B osch M a g n e to .n o par
A m B rake Shoe & F .n o par
P r e fe r r e d ............ .........100
Am erican C a n . . ...........1 0 0
P r e fe r r e d ____________100
A m er C an (ca s h )________ .
A m er C ar & F o u n d r y .. 100
Preferred __________ 100
A m erican C h icle ____ no par
P r e fe r r e d ....................100
A m erican C o tto n O il. .1 0 0
Preferred ................ __100
A m er D ruggists’ S ynd__10
Am erican E xpress_____ 100
A m er H id e & L ea th er. 100
P r e fe r r e d ____________100
A m erican Ice (n e w )___100
P r e fe r r e d ____________10 0

17,500
500
7,500
2,600
700
100
2,700
200
11,300
3,200
800
332,800
3,860
600
6,700
1,023
5,800

A m er Internat C o r p ___ 100
A m La France Fire E n g . 10
7% cu m preferred___100
Am erican Linseed_____ 100
P r e fe r r e d ___________ 100
Am erican L o c o m o tiv e . 100
Preferred . . ________ 100
A m erican M ach in e S _____
A m M eta l tem p ctfs no par
P re fe r re d ____________100
Am erican R a d ia tor_____ 25
A m erican R ad itor pref .
A m er R ollin g M ill, p ref w i
A m er Safety R a z o r_____ 25
A m Ship & C o m m _ .n o par
A m Sm elt Sec p f Ser A i00
P r B ____________ _______ _
A m er Sm elt & R e fin ___100
Preferred . _________ 100
A m erican S n u ff________100
Preferred ________ __ 10C
A m Steel Foundries ctfs33»«
P referred . . ________ 10C
A m erican Sugar R e fin . 100
P referred, n e w .. . 10C
A m Sum atra T o b a c c o . 10C
P r e fe r r e d ..................... 10C
R ig h ts_________ _______ __
A m T eleg & C a b le ____ 100
(9) ______________________
A m er T elep h & T e le g . .1 0 0
A m er T el & T el righ ts____
A m erican T o b a c c o ____ 100
P referred , n ew . . _ . 10C
C om m on S tock B ___100

20,700
5,900
100
14,500
3,900
55,400
1,700

A m W a t W ks & E v t c . 100
1st pref (7 % ) v t c . , 1 0 0
Partic pref (6 % ) v tclOC
Am W holesale C o rp , p f. 100
Am er W o o le n ____ __ .100
Preferred __________ 100
A m W ritin g P aper, p f.1 0 0
A m er Z in c, Lead & Sm __25
P re fe r re d _____________25
A nacond a C o p p e r_______50
A rt M etal C o n stru ction . 10
Preferred

9,500
2,000
22,300
2,300
38,900
2,100
3,700
2,400
900
221,330
200




27

STOCKS-STOCK EXCHANGE RECORD

F eb., 1923.]

16,300
4,900
23,200
1,600
2,500
5,100
8,300
400

35,400
1,100
10,600
700
70,100
23,400
35,200
4,300
600
20,200
1,300
16,200
1,500
3,600
300

50,500
16,500
2,200
16,150

RANGE FOR YEAR 1922.

JANU ARY.

Jan. 3

1922.

\Bid.
726,759 21
36,500 64
60,950 50
1,464 129
527,800 25
19,450 7 7 %
1,911,800 7 2 %
85,050 44
73,210 4 6 %
27,125
597,070 2 1 %
65,210 3 0 %
391,000 2 2 %
305,550 34
193,180
2%
182,600
4%
1,572,557 7 0 %
1,062,778 18%
339,220 4 0 %
604,950 2 0 %
184,600 14
67,300 14
89,400 2 2 %
31,650 32
600
877,950 120%
60,350 72
146,000
8
119,450 2 0 %
571,200
0%
518,200 2 0 %
30,500 13%
485,900
8%
180,480 1 4%
197,200 17%
672,500 6 1 %
429,480
0%
163,250 12%
47,500 26
S h ares.

P R IC E S I N

Price about
Jan. 2.

Ash Bid.

L ow est.

H igh est.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices.
40% A u g . 21

J an . 31.

Ash Bid

Ash.

Sale
3 7 % Sale
6
3 6 % Sale
36
Jan. 11 3 8 % Jan.
Sale
7 3 % Sale
Jan.
75
Sale
5
7 2 % Jan.
2 75
54
6 5 % 66
9
69
Sale
6 5 % Jan. 16 7 0 % Jan.
133
130
_____ 139% 142
129
Jan.
3 1 4 1 % Jan. 17
Saie
37
Sale
3 5 % Sale
3 3 % Jan. 17 3 8 % Jan. 30
92
9 2 % 89
Jan.
Sale
9
8 7 % 94
Jan. 18 93
Sale
7 6 % Sale
5
79 % Sale
7 6 % Jan. 17 7 9 % Jan.
4 4 % 53 % Sale
5 5 % Sale
Jan. 30
52
Jan.
4 56
Sale
Sale
5 3 % 5 4 % 55
51 % Jan.
5 5 6 % Jan. 30
33
36
2 0 % 35
5
18
Sale
2 3 % Sale
2 1 % Sale
21
Jan. 12 2 4 % Jan. 30
Sale
4 1 % Sale
3 8 % Sale
3 2 % Jan.
3 4 2 % Jan. 30
Sale
3 2 % Sale
30 % Sale
2 8 % Jan. 12 3 3 % Jan. 29
58
Sale
Sale
5 6 % Sale
56
Jan.
4 5 9 % Jan. 24
3
6 % Sale
6 % Jan. 31
5 % Sale
5 % Jan.
2
Sale
9 % Sale
9
Sale
8 % Jan. 18 1 0 % Jan. 29
Sale
9 0 % Sale
89 % Sale
87
Jan .
9 9 1 % Jan. 30
Sale
29
Sale
2 5 % Sale
2 4 % Jan.
6 3 0 % Jan. 24
Sale
Jan. 15
67
Sale
6 6 % Sale
6 4 % Jan.
8 69
Sale
21 % Sale
22
Sale
1 9 % Jan. 16 2 3 % Jan. 30
1 6% Sale
3
14 % 1 6 % Sale
14 % Jan. 10 1 6 % Jan.
15
64
Sale
Jan.
5
60
78
62
Jan.
8 66
24
2
5 2 % Sale
56
Sale
52
Jan. 30 5 7 % Jan.
57
59
36
55
60
5 8 % Jan. 19 6 0 % Jan. 22,
_____
91
85
____ 86
Sale
138 % Sale 137% Sale 135% Jan. 22 1 3 9 % Jan. 30
Sale
75
Sale
75
Sale
7 4 % Jan. 23 7 6 % Jan.
6
1 2% Sale
Sale
1 1 % 12
5
2 1 4 % Jan.
11 % .Tan.
22
5
2 7 % 28
26
2 8 % 2 6 % Jan. 17 31
Jan.
Sale
0 % Sale
9 % Sale
Jan. 29
8 % Jan. 18 10
Sale
2 7 % Sale
2 8 % Jan. 29
25
Sale
2 3 % Jan. 17
14
16
18% 19
Sale
Jan. 30
1 6 % .Tan. 18 19
Sale
11
Sale
11 % Sale
10% .Tan. 16 1 2 % Jan. 29
Sale
22
24
2 3 % 2 3 % 2 2 % Jan. 12 2 4 % Jan. 29
Sale
1 7 % Sale
16
Sale
2 1 8 % Jan. 24
16
Jan.
53
5 7 % Sale
Jan.
3
5 5 % 56
5 6 % Jan.
8 58
2
Sale
9 % Jan.
0 % Sale
9
Sale
8 % dan. 18
Sale
1 7% Sale
1 7 % Sale
Jan. 30
1 4 % Jan. 17 18
Sale
2 8 % 29
25
29
2 9 % Jan. 29
26
Jan. 10

141,650 48
51%
77,700 11
Sale
29,325 33 %
50,800 4 8 % Sale
612,520 16 % Sale
113,900
% Sale
236,100
% Sale
2,484 104
112
100 _____
1,138,387 6 7 % Sale
52,583 103 % Sale
|
534,000 39 % Sale
31,830 87
Sale
205,950 30
Sale
66,230 58
Sale
4,900 57
Sale
2,992 4 0 % 54
29.050 3 4 % Sale
1,800 61
70
63,200 35
Sale
106.000 5 2 % Sale
7,300 98
100
2,047,965 3 4 % Sale
42,375 0 3 % Sale
______ I
150,800 H 5
Sale
13,185 1 14 %
93,493 1 1 % Sale
825
312,100 21 % Sale
35,540 44
Sale
129,365
4% Sale
65,400 128% Sale
211,400 13% Sale
151,350 5 0 % Sale
381,900 82
Sale
58,350 72% Sale
|
790,750 41 % Sale
197,300
0% Sale
2,600
350,300 30% Sale
63,525 56
Sale
1,337,400 108 % Sale
23,822
114
100
123,600
9,800
143,160 85
87%
125
______ 1
454,700
4 % Sale
1,111,375
0% Sale
9,772 88% 100
100
675,545 4 5 % Sale
78,715 80% Sale
36,985 111
Sale
1,475 89
91
771,687 z33
Sale
694,150 95
Sale
156,925 5 6 % Sale
52,634 85
Sale
450,350 3 4 % Sale
29,020 68 % Sale
32,900
30,790 52% 57
1,600
854,585 1 15 % Sale
812,874
359,600 132% Sale
42,926 96 % Sale
232,579 128 % Sale

68
Sale
1 3 % Sale
58 % Sale
13
Sale

6 9 % 70
15
Sale
48
52
5 8 % Sale
1 3% Sale

68
Jan.
1 2 % Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

57%
1 2%
%
1
1 % Sale
1%
105% 108% 102
99
100
______
105
_____ 105
79 % Sale
73
Sale
71%
111 % Sale 109% Sale 109

Jan.
Jan. 16 80
Jan . 30 111 % Jan.

45%
94 %
31 %
59 %
78
54%
38 %
73%
42
70%
108
74
109%

Jan.
Jan.
Jan .
Jan.
.Tan.
Jan.
Jan.
Jan .
Jan .
Jan.
Jan.
Jan.
Jan.

%

%
1%

%

%

.Tan.
Jan.
Jan.
Jan.
Jan.

2 73%
2 15%
18 4 6 %
10 61 ”
9 14%
%
4
1%
9
106
10

Sale
97
Sale
59
85
56
Sale
79
38
Sale
Sale
Sale
Sale
Sale
Sale
126
Sale

45
96
29%
59
77
54%
36
77
37
70
106 %
73%
111%

182
1 21 %
0%
20
18
37%
5%
140%
1 1%
66%
105 %
87%

Sale
46
93
95
Sale
30%
Sale
58%
80
80
56
54%
Sale
36
72
80
Sale
37%
75
75
109% 108
Sale
81
111% 112
80%
Sale 178'
125
125
Sale
5%
30
Sale
16%
31
Sale
0%
6%
Sale 134
Sale
11%
67
Sale
Sale
99
Sale
85%

Sale
34
Sale
Sale
Sale
69
Sale
87

1 5%
32
6%
134
11
66%
98%
86

Jan.
Jan.
Jan .
Jan .
Jan .
Jan.
Jan.
Jan .

26 2 0 % Jan.
26 3 8 % Jan .
7
Jan .
3
Jan.
31 142
6 1 2% Jan.
70
Jan .
2
31 1 05 % Jan .
A
30 87 l J3iQ.

27%
11 %
96
30
53
128
119%

Sale
24%
Sale
11%
96
92%
Sale
30%
56
53
Sale 122
120 % 121

Sale
Sale
96
Sale
55
Sale
Sale

24%
11%
96
30
50
120 %
119%

Jan .
Jan.
Jan.
Jan .
Jan .
Jan.
Jan.

30 2 7 %
17 1 1%
6 96
2 33
13 55
17 1 29 %
l 1 21 %
\

52
1 12 U
76
1 19 %

Sale
51%
1 15 U. 1 15
Sale
80
125
123
100
Sale
8
Sale
18%
_____ 100
100
Sale
57%
Sale
99
149
141
103
95
Sale
36%
105% 103
Sale
76%
Sale 107
Sale
26%
59% 56%

Sale
1 15 U
Sale
125

7%
20%
100
56%
98%
142%
95
37%
103
I 79%
108 %
28 %
55%

56

10
12
16
20
6
16
31
29
9
3
20
2
3
81
178
Jan. 17
10
■ 5 % Jan. 30

51
76

48%
97 %
32%
61%
80
54%
39%
77
42%
77
109 %
85%
112 %

186
Jan.
125 % Jan.
7 % Jan.

Jan. 15 5 4 %
S 116%
2 84
Jan .

12
Sale
8%
6
6 % Jan .
Sale
1 8% Jan . 30 2 1 %
103
100
Sale
53
Jan. 17 5 8 %
Sale
7 8 % Jan . 18 100
145
140
Jan. 10 1 42 %
103
Sale
3 5 % .J a n . 17 3 7 %
104
102
Jan. 23 103 %
Sale
76
Jan. 17 8 0 %
Sale 106% Jan. 23 108 %
Sale
26
Jan. 29 29
5 9 % 5 5 % Jan. 16 5 5 %
60

123 % Sale

121% Sale

122

Jan. 25 124

154
Sale
1 0 8 % Sale
1 52 % Sale

151% Sale
103% 104
150
Sale

150
103
148

Jan. 17 1 54 %
Jan.
9 104
Jan. 10 1 52 %

5%
0 % 2 8 % Sale
101,900
28%
15,100 63
70
8 5 % 8 6 % 91
133,700 17
4 8 % Sale
53%
18
3,800 92
95
9 3 % Sale
98%
966,450 8 1 y* Sale
95
Sale
95
104
110% Sale 109
20,860 102
72,300 2 3 % 25
27
Sale
24
112,600 1 2 % Sale
16
16% 1 5%
42,300 3 5 % 4 0 % 48
52
48
1,548,825 649 % Sale
5 0 % Sale
47%
800 13
15
- 1 6% 1 4 %
in o

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan .
19
Jan .
63
50 % Jan.
136% Jan .
23
Jan .
76
Jan .
7 1 % Jan .
M a r.
43
45
Jan.
1714 F e b .
2014 N o v .
34 % N o v .
2 0 % Jan .
32% Jan.
2 % Jan.
4% Jan.
78% Jan.
1 7 % Jan.
46
Jan .
ISM N o v .
18% N o v .
13
Jan .
23
Jan .
Jan .
34
73
F eb .
125
Jan .
7 1 % Jan .
7% Jan .
2 0 % Jan .
6 Jan .
19
Jan .
12% Jan.
8 % Jan.
13
Jan .
1 3% Jan.
51 % M a r.
6
F eb.
9 % Jan .
Jan .
25

10
17
6
27
17
13
3
27
27
6
27
22
3
10
4
13
10
10
10
27
27
0
18
12
16
10
7
6
9
30
25
31
30
17
31
2
2
4
3

A ug.
A ug.
D ec.
A ug.
N ov.
87% O ct.
57
M ay
60% M a y
53 % June
32M A u g .
56
A ug.
36% N ov.
59% N ov.
10 A p r.
1 4 % A p r.
9 6 % O c t.
2854 A u g .
71
O c t.
36
A p r.
25 % A p r.
1 8% F e b .
31 % F eb .
62^4 S ept.
88
A p r.
154M S ept.
80
A ug.
19J4 A p r.
36 54 A p r.
14% M a y
3554 D e c .
24 54 A u g .
17 54 A u g.
2854 D e c .
24 54 A p r.
64 54 S e p t.
1654 June
2954 June
3354 M a r.

21
23
22
8
1
25
31
31
2
21
21
3
3
15
15
16
21
17
21
25
3
3
15
13
11
30
11
11
26
2
21
30
7
24
13
7
7
13

O c t.
83
Jan .
A ug.
23
Jan .
Jan .
6054 A u g .
O c t.
66
Jan.
July
1854 A p r.
M ay
D e c.
2
M ay
Jan
D ec.
99
D e c. 2 6 1 2 5
100% N o v . 15 100 54 N o v .
2 5 5 % Jan .
9154 S ept.
Jan .
9 101
115% .Sept.
' •4
5 3754 Jan.
5954 S ep t.
S ept.
104
27 86 % Jan.
4254 June
5 2754 N o v .
Jan .
5 56
7254 S e p t.
D ec.
91
Jan .
4 58
J u ly
16 51
5554 D e c .
49
June
13 3154 Jan .
Jan.
29 61
8054 O c t.
A p r.
49
12 3154 Jan.
Jan .
30 51
8854 S e p t.
4 98 54 Jan . 18! 113 * O c t.
5 110
S ept.
15 3254 Jan .
22 9354 Jan .
3 11354 D e c .
31
O c t.
Jan . 10 201
4 141
18 11554 Jan .
6 12654 N o v .
M ay
N o v . 14 14
31 5
A p r.
S ept. 7| 37
23
4 1554 N o v . 23 3054 M a y
M ay
4
33 54 N o v . 271 61
754 A u g .
8
454 Jan. 13
June 23 152J4 N o v .
2 126
3 1054 D e c. 18 1754 A p r.
3| 744* S ept.
Jan.
15 58
S ept.
Jan 12 122
4 78
Jan 13 % 9 5% A u g .
2 72

6
19
18
7
25
10
17
2
15
5
19

15
31
18
18
15
9
5
17

82
74%
139 %
4154
95

48

10%
31%
45%
9%
%
%

D e c . 28 5054 June
J u ly
Jan . 16 14
D e c . 6 10154 S ept.
N o v . 23 4254 O c t.
N o v . 25' 64 54 O c t.
Jan
5 13654 O c t.
Jan 12 12254 D e c .
54 D e c.
% D e c . 7j
S ept, l! 53 54 D e c .
Jan. 11 44
A u g . 17 11554 D e c .
Jan. 15 107
O c t.
Jan . 30 129
Jan .
5 82
A ug.
A u g . 3 119
119
23
854 O c t.
Jan. 11
354 Jan . 31
3 2454 M a y
Jan.
5
554 Jan .
87
F eb . 8 10154 N o v .
10154 N o v . 20 10154 N o v .
6! 6754 M a y
Jan. 29 4354 Jan .
4 104 54 O c t.
Jan. 30 86 54 Jan .
3 159
S ept.
4 109 54 Jan.
Jan.
0 6 % A p r.
10054 N o v .
4654 S ept.
2 3054 Jan .
Jan.
F eb .
108 54 O ct.
Jan. 30 91
8554 A u g .
4 5454 Jan .
Jan.
112
A u g.
Jan .
3 84
Jan.
M ay
47
Jan.
3 2354 F eb .
Jan .
71
Jan . 16 5254 F eb.
A ug.
1
% A ug.
._
70 M a r.
54
F eb.
N o v . _ 12254 N o v .
12154
4 13354 M a y
5 11455 Jan.
Jan.
254 A u g. 26; 4% O ct.
5 16 9 54 S ept.
5 12954 Jan.
Jan.
3 10854 O c t.
4 9654 Jan.
Jan.
Jan.
2 126
3 165 54 S ept.
Jan.

Jan.
5 2454
2
Jan .
954
Jan .
6 93
Jan . 13 28
Jan. 15 48
4 102
Jan .
Jan . 25 112

Sale
2 7 % Jan. 29 3 0 % Jan. 16
9 1 % 8 5 % Jan.
3 93
Jan. 16
Sale
Jan. 16
4 8 % Jan.
3 56
Sale
2 9 8 % Jan. 31
9 3 % Jan.
Sale
4
93
Jan. 19 9 7 % Jan.
111
3
109% Jan. 25 111% Jan.
26
Jan. 13
26
Jan. 24 29
Sale
5
15
Jan. 23 1 7 % Jan.
5
49
Jan.
4 8 % Jan. 29 51
Sale
3
4 5 % Jan. 18 5 0 % Jan.
16%
5 1 6 % Jan.
9

6
67
1754
86
7854
9954
22 54
1254
36
45
15
10854

Jan.
Jan .
Jan.
O ct.
Jan.
O ct.
F eb.
Jan .
Jan .
N ov.
F eb .
Sept.

7
4
4,
30

3354
9354
5554
95

10 111
19 11154
18 5554
‘
21
57
57
1654
10854

6
21
1
11
13
14
9
17
11
12
17
1
13
10
6
3
20
31
31
15
2
13
13
8
4
2
26
12
16
16
14
7
7
26
27
11
3
23
31
9
20
19
23
5
2
11
16
21
18
29
16
16
22
22
23
5
1
23
5

N ov. 3
S e p t .13
O c t.
5
Jan . 21
O c t. 19
D e c . 13
S ept. 25
S ept. 20
S e p t. 20
M a y 31
A ug. 8
S ept. 2

28
STOCKS

SALES.

N Y STOCK EXCH’GE
Par
Assets R ea liza tion _____ 10
A ssociated D ry G o o d s . 100
1st p referred ________ 100
2d preferred _________ 100
A ssociated O il_________ 100
A tla n tic F ru it_____ no par
C ol T r C o ctfs o f d e p ___
A tl G u lf & W I SS Lines 100
P r e fe r r e d ____________ 100
A tla n tic R efin in g_____ 100
P re fe r re d ____________ 100
A tlas P ow d er___________100
6 % cum preferred____
A tlas T a ck C o r p ____ no par
A u stin ,N ich ols& C o .no par
P re fe r re d ____________ 100
A u to Sales C o r p ________ 50
P re fe r re d _____________ 50
B aldw in L o c o m o t iv e .. 100
P r e fe r r e d ____________ 100
B arnet L ea th er____ no par
Barnsdall C o r p , Class A _ 25
Class B ________________25
B atopilas M in in g _______20
B a y u k B ro s _________ no par
P referred _____________
B eech -N u t P a ck in g ____ 20
B ethlehem Steel C o r p . 100
Class B c o m m o n ____ 100
P r e fe r r e d ____________ 100
7 % p referred _________
C um con v 8 % p r e f.,1 0 0
B o o th Fisheries____ no par
1st p referred________ 100
B ritish E m p ire S teel___100
1st preferred________ 100
2d preferred__________100
B rook lyn E d ison , I n c . .1 0 0
R ig h ts________________
B k ly n U nion G a s _____ 100
B row n S hoe, I n c _______100
P re fe r re d ____________ 100
B runsw 'k T erm & R y Sec 10 0
B u m s B ros_____________ 100
P r e fe r r e d ____________ 100
P rior preferred_____ 100
N ew Class B c o m m o n . .
B ush T e rm , B ld gs, p f . . l 0 0
B u tte C op & Z in c v t c__5
B u tte r ic k _______________100
B u tte & Sup M in in g ___10
C a d d o C ent Oil & R e f no par
C alif P acking C o r p .n o par
C alif P etroleu m ________ 100
P re fe r re d ____________ 100
C allahan Z in c-L ea d ____ 10
C alum et & A rizon a M g . 10
C arson H ill G o ld _________ 1
C ase (J I) P lo w ____ no par
C ase (J I) T hresh M a ch 100
C ase (J I) Thresh M p f ctf 100
C entral Leath er______ 100
P re fe r re d ____________ 100
C erro d e Pasco C o p .n o par
C ertain-T eed P r o d ..n o par
1st preferred________ 100
C h a n d lerM C a r(T h eln o par
C h ic P neu m atic T o o l . .1 0 0
C hile C o p p e r____________ 25
C hino C o p p e r____________ 5
C lu e tt, P ea b od y & C o . 100
P re fe r re d ____________ 100
C o ca C o la __________ no par
P re fe r re d _______________
C olora d o Fuel & I r o n . . 100
P re fe r re d ____________ 100
C olu m b ia Gas & E l e c .. 100
C olu m b ia G rap h oph .n o par
P r e fe r r e d ____________ 10
C om m ercial Solvents A ___
B ________________________
C om p u tin g -T a b -R ecn o par
C on ley T in F o il__________
C on s C oal o f M a r y la n d ..
C onsolidated C ig a r.n o par
P re fe r re d ____________ 100
C onsol D istrib , I n c .n o par
C onsolidated Gas N Y .1 0 0
C onsolidated Gas w i _ .
R ig h t s ______________
C onsol T e x tile _____ no par
C ontin ental C an I n c ___100
P re fe r re d ____________ 100
C ontin ental C an w i ___
C ontin ental G a s______
C ontin ental I n s u r a n c e ..25
C ontin ental M o to r s ___
C o m P rod u cts R e f i n .. 100
P re fe r re d ____________ 100
C osden & C o ______ no par
P r e fe r r e d ____________
C osd en & C o rights____
C rex C a rp e t____________ 100
C ru cib le Steel o f A m e r . 100
P r e fe r r e d ____________ 100
C u b a C ane S ugar___no par
P re fe r re d ____________ 100
C u b an A m er S ugar____ 10
P re fe r re d ____________ 100
D a v ison C hem v t c . n o par
D eB eers C ons M ines no par
D eere & C o p r e f_______100
D etroit E d is o n ________ 100
D ia m on d M a t c h ______
D o m e M ines L td (T h e ). 10
D u rham H os M ills “ B ” .5 0
P re fe r re d ____________ 100
E astm an K o d a k _______100
P r e fe r r e d ____________ 100
E astm an K o d C o (new ) 100
E l d u P on t d e N em & ColOO
6 % C u m u l p re f_____ 100
E lectric Stor B a t t e r y .. 100
E l S tor B att (n e w ).n o par
E lk H orn C oal C o r p ____ 50
P r e fe r r e d _____________ 50




[V ol.

STOCKS-STOCK EXCHANGE RECORD
12 M on th s
J a n u a ry
1922.

Shares.
500
42,200
596
728
23.700
2,000
1.400
9.500
3.300
9,410

Shares

38,550
268.400
17,769
9,779
106.400
396,850
30.800
678.800
69.400
5,566
1,100
8,193
100
8,050
400
1,300
9,900
37.200
21.700
622,924
230
256,445
100
9,500
1,373
8,600
563,000 4,133,868
400
13.400
1.500
28.200
15,400
733.400
1.500
159,425
1.300
117,310
3.200
9,251
1.400
100
144,900
202.400
4.700
117,815
131,600 2,186,870
300
72,306
5.700
8,800
56,663
4.400
10,600
176,300
800
600
300
19,500
100
16,316
500
60,090
18,100
164.728
49,300
48,650
9,100
73.700
28,000
92.200
400
8,600
300
19,900
7,850
380.100
12,000
2.200
700
523.400
13,600
20.800
319,210
84.500
94.800
6.700
370,700
7.400
226.800
18,400
172,800
5.400
966,350
570,600
26.700
8,600
717,448
109,400
22,420
300
46,300
1,600
56.800
1,100
17.200
1,300
14,405
1.700
707,450
37.500
124,655
14,600
518,600
49,300
36,600
400
510
65.800 1,587,020
114,000
17,700
346,100 1,905,900
444,175
22,500
14.800
900
88,400
2,900
4,400

1922.

Bid.

J a n . 2.

Ask. Bid.

Sale
Sale
Sale
90
Sale
Sale

30%
22%
1000
113 %

Sale
22
Sale
16
1050 119
114% 119
145
87
16
1 5%
10% 35
7 0 % 89
Sale
1%
11%
Sale
139%
Sale
112
105
42
45
3 2%
25
20
Sale
y2
%
51

Sale
18
Sale
120
155
90
Sale
Sale
Sale
4
12
Sale
112%
45
Sale
Sale
Sale
Sale

52x2
61
6 2%
96%
95
104
106% 108
4%
5%
6
20
8
7
9
70
5 8 % Sale
24%
24 % Sale
114%
100
Sale

Sale
Sale
Sale
Sale
Sale
110
5%
30
9%
75
-------Sale

1 2%
9%
66
3%
15
98%
103
33
18%
1 9%
%

5 2% 5 4 %
5 7 % Sale
8 9 % 91

7 2 % Sale
40
44
85
91
2%
3
1 18 % Sale
106% 118
32%
87%
5%
31%
22
11
69%
47%
84%
6
57%
11
3%
70
31%
64 %
34%
30
83
50%
60
16
27%
47%
85
43%
25

1 4 % Safe
4 7 % Sale
100% Sale

5 9 % Sale

37,410
25,300
2,600
29,600
3,700
200

Sale

106%
2%
8“ ,
a
43
30
68%
1 8%

Sale
Sale
Sale
47
45
70
Sale

11% Sale
115% Sale
4 4 % Sale

.

I 66
Sale
91
| ______
11
129
x93
Sale
i l 0 9 112% 119
x 3 6 % Saie
5 4%
__________ 101
25

13,800
100

144

Ask.

'
i
'
i
i
i

67%
85
8%
16
1 5%
72%
52%
16
60
97

96
Sale
Sale
121
Sale
Sale

R A N G E FOR 1

JAN U ARY.

Lowest.

Highest.

Lowest.

Highest.

Sale Prices.

Sale Prices.

Sale Prices.

Sale Prices.

% Jan.
%
1
6 7 % Sale
6 2 % Jan.
8 4 % 8 5 % 8 2 % Jan.
90
91
8 8 % Jan.
123% Sale
L20% Jan.
2
Sale
1 % Jan.
1 % Jan.
1 9 % Sale
18% Jan.
15
Sale
15
Jan .
132
135
119
Jan .
118
120
119% Jan .
160
165
155
Jan .
89 % Jan .
85x2 90
17% Sale
15% Jan.
31x> Sale
31
Jan.
Jan .
87
8 9 % 89
2
Jan.
1%
3
12
13
12% Jan.
131
Sale 1 29 % Jan.
114
115% 114
Jan.
46
51
47
Jan.
29
Saie
29
Jan.
19
Sale
18% Jan.
% Jan.
5 4 % Sale
51
Jan.
ill
Saie
6 4% Sale
51
Jan.
6 0 % Sale
5 9 x> Jan.
6 0 % Jan.
6 1 M Sale
9 6 % Jan.
93x2 Sale
92
94
93 xi Jan.
107% Sale 107% Jan.
6
6%
5
Jan.
33
50
30
Jan.
9
Jan.
%
9
66
70
67
Jan.
2 4 % 2 5% 2 4 % Jan.
109% Sale 109
Jan.
3 % Sale
123 ‘ Sale 109% Jan.
6 0 % 62
60
Jan.
97
98
98
Jan.
2
Jan.
1%
3
142% Sale 141
Jan.
117
. . 104 % Jan.
103% 110
3 9 % Jan .
3 9 % Sale
97
98%
10% Sale
9 % Jan.
18
Sale
18
Jan.
30
Sale
2 9 % Jan.
5
Jan.
7%
8
8 0 % 81
79x6 Jan.
7 7 % Sale
6 6 % Jan.
9 6 % 9 7 % 9 4 % Jan.
9% Sale
9 % Jan.
5 3 % 5 6 % 52
Jan.
7 % Jan.
7%
8%
3
Jan.
3%
3%
32
35
2 8% Jan.
74
77
6 9% Jan.
3 2 % Sale
3 2 % Jan.
70
Sale
6 7 % Jan.
4 2 % Sale
4 2 % Jan.
4 1 % 47
41x4 Jan.
88
93
6 4% Sale
64
Jan.
84 74. %>ale
8 2 % Jan.
29
Sale
2 7 % Jan.
2 4 % Sale
2 4 % Jan .
67
69
6 5 % Jan.
105
110
102% Jan.
76
Sale
74
Jan.
93
9 4 % 9 2% Jan.
2 5 % 26
2 5% Jan.
102
108 % Sale 103% Jan.
2 % Sale
2 % Jan.
8 % Jan.
10X4 10%
40
42
4 2 Jan.
29
Sale
27
Jan.
69
Jan .
70 7^ Sale
18
Jan.
19% Sale

38
Sale
3 5 % Sale
33 "
20
24
81
84% 7 9 % 8 1 % 81
5 9 % Sale
%
%
%
%
Vs
121
Sale 133
135
120
9 1 % Sale
6 0 % Sale
60
6 6 % Sale

1,910
132,600
84,650
1,900
492,000
4,400

1,200

Sale
61

43
Sale
9 6 % 100
10
Sale
18
Sale
52
Sale
6 % Sale
83
Sale
6 9 % Sale
9 4 % Sale
10
Sale
55
60
6
7 >2
3
Sale
20
2 9%
7 1% Sale
Sale
3 3 % Sale
Sale
6 8 % Sale
Sale
4 5 % Sale
Sale
41
46
35
____
- - 94 %
67 V Sale
s
Sale
8 3 % Sale
64
2 7 % ^ale
Sale
27
Sale
Sale
6 9 % Sale
Sale
100
103
Sale
80
Sale
Sale
1 93
94
Sale
2 7 % Sale

149,500
41,600
1.000
237,200

23,300
5,500
800
1.400

113
57

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
59
Sale
5

66
Sale
2 % Sale
10
Sale

J an . 31.

Ask. Bid.

1
1
1%
4 5 % Sale
65%
75
76
83
73
78
83
101
105
124
2 % Sale
2

63,100
30.800
4,000
1,700
900
15.500
10,000
100
10.800
1,300
400
16.500
446,100

180,600
1.400
15,800
25,600
46,200

P R IC E S I N

Price about
Jan. 3

In

Jan.
Jan.
Jan.
Jan.
Jan.

19
5
18
9
3
17
11
30
25
2
17
4
26
2
10
2
26
25
17
19
12
31
19
2
2
29
2
22
16
2
31
30
3
3
5
23
23
23
23
19
6
23
25
16

1
71
85
91
L
33
2%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

22%
17
[5 3%
[20
[55
90%
19%
35%
89xa
2
12%
139 *4
116%
51
34%
22
%
60%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan .
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan .
Jan .
Tan.
Jan .

69%
63%
65%
96%
96
110
7%
35%
9%
67
26
115%
4%
124%
63%
99
2%
144%
105%

Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

2
12
23
23
12
5
17
4
6
10
18'
4
13
5;
12,
23
26
25
2
4
15
3
2
2
12
26
20
3
3
2
4
11
18
11
6
23
4
27
27
31
19
15
25
2
10

43

Jan.

2

10%
21%
33
9
83%
79
98%
11
57
9%
3%
30
78
36
73
45%
42%

Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan .
Jan .
Jan .
Jan .

15
2
22
13
13
13
16
11
30
16
15
IS
2
20

31 7 0 % Jan.
10 8 8 % Jan.
2 30
Jan.
29 27x4 Jan .
5 7 1 % Jan .
12 103% Jan.
16 81
Jan.
4 9 4 % Jan .
17 2 7 % Jan .

4
19
11
4
24
22
5
10
4

4

4
17
2
17
24
24
3
2
24
23
4
2
30
4
4
8
17
9

17
5
2
9
22
8
9
20
24
11
30
2
2

111%
2%
21%
45%
30
73%
2 2%

Jan .
Jan .
Jan.
Jan .
Jan.
Jan .
Jan .

39%
82%
%
137
69%

Jan.
Jan.
Jan.
Jan.
Jan.

1 1%
131%
105
48%

Saie
Sale
107
Sale

10%
115
106
43%

Jan. 31 1 2 %
2 131%
Jan.
Jan. 26 1 07 %
2 49%
Jan.

104
10%
127%
120
53%
102%

Sale
Sale
Sale
Sale
Sale
Sale

92
1 0%
123%
118%
5 0/4
101

Jan.
6 104
Jan. 31 1 2 %
Jan. 16 129
5 121%
Jan.
4 56%
Jan.
2 107 %
Jan.

40

5
4
3

29
12
15
12
13
13
26
20
3
11
30
26
26

40
Sale
4 3 % Sale
18
20% 3 9 % 40%
7 3 % 86
. . . . 86
90
Sale
9 5 % Sale
110
_____
110
. .
86
Sale
5 7 % Sale
2 0 % Sale
35
40

108 % Sale
85
86
5 4 % Sale
17x1 Sale
3 3 % 38 b

3 9 % Jan. 31
5
18
Jan.

4 4 % Jan
18
Jan

8 9 % Jan

9 9 % Jan

106% Jan
8 4 % Jan
54
Jan
17
33

Jan
Jan

r
k

i"
21

%
43
75
76
99
1%
1%
19%
15
117
113
120
82
1 3%
9%
68
2
10%
93%
104
40
19%
17
%
33

D ec.
Jan .
Jan .
Jan .
Jan .
D ec.
D ec.
D ec.
D ec.
D ec.
Jan .
A p r.
June
F eb .
Jan.
Jan.
N ov.
O ct.
Jan.
Jan.
Jan .
Jan.
N ov.
D ec.
A p r.

30
51
55%
90%
94%
104
4
30
8%
58
19%
100
%
70
42
90%
1%
113%

July
Jan .
Jan .
M a r.
D ec.
Jan.
N ov.
D ec.
Jan.
M a r.
M a r.
Jan.
A p r.
Jan .
Jan .
A p r.
June
Jan.

112
28%
87%
5%
15
20%
6%
68
43%
83
5%
50%
6%
3
29%
68
29%
63%
32%
34
85
47%
60
15%
22%
43
85
41
93%
24
101 %
63%
1%
5
43%
30
65%
13%

29
5
6
17
31
18
20
27
27
30
9
29
2
28
5
9
14
7
13
13
19
16
17
14
28

Ju n e
D ec.
O c t.
O ct.
M ay
K
5 % A ug.
2 Vs J u ly
M ay
M ay
O c t.
1,
D ec.
1
O c t.
If
O ct.
M ay
S ept.
S ept.
M a r.
M a r.
S ept.
V
O c t.
1
S ept.
M a r.
M a r.
M a r.
S ept.

116
Jan.
8 6 % Jan.
58
Jan .
2 0 % Jan.
36
Jan

8
15
4
0
3
17
31
29
29
10
29
19
19
4
20
12
17
16
13
19
11
28
27
23
21

D e c . 12
M a y 12
M ay 6
N o v . 25
1
O c t. 25
1
J une 14
1
A u g . 30
A ug. 9
S e p t. 15
A p r. 15
S ep t. 14
A u g . 30
1
M a y 26
N ov. 2
1
6 4 % S ep t. 11
D ec. 1
Ju n e 6
D ec. 7
1
D ec. 9
9
F eb
Jan . 27 1
O c t. 19
Jan. 19
N ov. 6
Jan.
3 1
M a r. 1 10 % D e c . 12
M a r. 9
N o v . 27 34
5
Jan .
4 35 V O ct.
s
D e c . 29 15 V A p r. 15
Jan. 11 86 % S ept. 12
Jan . 10 7 1 % June 2
Jan .
3 9 8 % A p r. 17
F e b . 18 11 % M a y 27
N o v . 14 6 6 % June 1
D e c . 16 16% M a r. 29
9 % June 8
M a r. 8
A ug. 2 i
D e c . 28 44
A u g . 23
F eb . 1
Sept. 13
Jan. 10
Jan.
6 8 2 % S ept. 14
Jan . 4 4 6 % D e c . 18
F e b . 14 5 3% June 7
Jan. 13 9 3 % S ept. 28
Jan.
5 7 9 % A p r. 0
Jan. 14 8 9 % S e p t. 9
Jan.
5 29% N ov . 9
N o v . 27 3 3 % .Tune l
Jan. 11 7 0 % D e c . 30
Jan.
3 10 3 % D e c . 27
Jan.
5 8 2 % O ct. 14
D ec. 1
D e c . 27 97
M a y 18
Jan. 10 37
M ay 3
A p r. 18 1
S ept. 15
Jan.
4 1
Jan. 26
5 % June 5
June 3
F e b . 9 21
S ep t. 30
D e c . 26 50
9
D e c . 20 4 7 % O c t.
.9
Jan.
3 7 _ % A p r. 26
N o v . 16 1 8% D e c . 29

26 5 2 %
8 80
8%
(
4 15%
14%
;
24 7 8 %
5 23%
IS 15%
17 61
11 100%
121
1 8%
19
78
70
105%
600 “
105
80
2 40%
.125
2 1 4%
6 34

_

3

13
10
3
7
22
4
22
11
9
2
17
3
19
31
16
29
22
10

18% F eb . 10
47
F e b . 16
% F e b . 17
8 5 % Jan. 30
1 % N o v . 27
5 9 % N o v . 27
Jan. 15
9
J u ly 25
4
Jan. 31 4 5 % Jan.
Jan. 10 100
F e b . 11
Jan. 31
108 % D e c . 13
Jan.
3
Jan. 31 66
Jan . 19 1 0% D e c . 30
2 9 1 % Jan .
4
Jan .
Jan. 10
Jan. IS 111
J aa . 13 3 1 % Jan. 10
Jan. 31 9 4 % A u g . 29
% S ept. 29
24 ” A u g . 12

7 1 % Sale
6 8 % Jan. 11 7 4 % Jan .
Sale
7 1% Sale
2 93
91
92
8 8 % Jan.
Jan.
8 5 % 8 8% Sale
1 2% Jan. 17 14
1 3% Sale
Jan .
Sale
13% Sale
Jan.
39
Sale
3 7 % Jan. 17 40
Sale
3 9 % Sale
2 3 % Jan. 16 26
Jan .
2 5 % Sale
25
Sale
Sale
80
101
101% 100% Sale 100% Jan . 11 101% Jan .
3 2 % Sale
30
Sale
2 9 % Jan. 31 3 4 % Jan .
Sale
Jan.
2 1 % 23% 2 3 % Jan. 24 25
16% 2 4 % Sale
72
75
7 2 % Jan. 1C 7 3 % Jan.
63
8 109 ~ Jan.
107% Sale 107% Sale 106% Jan.
101

) 1 8 % Sale
3 _____ 29
3 80
95
_____ 635
3
3 . . . . .........
5 ____________
3 ____________
3 120
125
3
0 1 6 % Sale
0 ...
..

116.

42%
87%
2%
] L5%
2%
61%
1 5%

F e b . 27
Jan. 17
Jan. 11
Jan.
3
Jan.
3
Jan. 17
N o v . 25
Jan 13
F eb. 9
Jan. 11
D e c . 13
Jan . 4
D e c , 26
D e c . 28
J u ly
3
M a r. 9
Jan.
9
D e c . 29
June 12
June 17
Jan . 18
Jan . 25
M a r. 23

O c t.
5
N o v . 10
M a r. 16
S e p t .15
N o v . 23
N o v . 23
A p r. 20
D e c . 30
O c t. 13

D e c.
93% D ec.
1 1 % D ec.
O ct.
N ov.
D ec.
54
.0 2 % S ept.
1% S ept.
35% M ay

13
14
16
21
14
30
20
21
18

S ept. 5
S ept. 5
M a r. 15
J u ly 27
A ug. 4
D e c . 13
A p r. 6
M ay 2
M ay 8
A u g . 30
D e c . 13
46% N ov. 6
M ay 2
26
8 1 % M a y 13
9 0 % D e c . 28
F e b . 14
108
A p r. 15
800
1 6 9 % N o v . 10
9 0 % S ept. 8
5 8 % D e c . T4
1 79 % A p r. 15
24% D ec. 1
D ec. 7
41
98%
LO
O
1 9%
41%
28
L02%
65%
28%
80

F eb., 1923.]

STOCKS

SALES.

N Y STOCK EXCH’GE

In
Jan u ary

Par S hares.
E m erson-B rantingham 100
P re fe r re d ____________ 100
E n d icott-J o h n son _______50
P re fe r re d ____________ 1 0 0
E xch an ge B u ffe t__________
Fairbanks C o (T h e )____ 25
Fam P la yers-L a sk y . no par
P re fe r re d ____________ 100
Federal M in & S m e lt .. 100
P re fe r re d ________ . . . 1 0 0
F id elity Phenlx Fire In s ___
F ifth A v e Bus ctfs w i ____
Fisher B o d y C o r p ..n o par
P re fe r re d ____________ 100
Fisher B o d y O h io, p re f. 100
Fisk R u b b e r____________ 25
Freeport T exas C o ..n o par
G e n ’l A m T a n k C ar no par
7 % p referred ________ 100
General A sp h a lt______ 100
P re fe r re d ____________ 100
G en B aking C o ____ no par
P r e fe r r e d _______________
G eneral C igar, I n c ____ 100
D e b e n p r e f ( 7 % ) ____ 100
P re fe r re d ____________ 100
G eneral E le ctric______ 100
Special when issued____
G e n M otors C o r p ..n o par
P r e fe r r e d ____________ 100
6 % d ebenture s to c k . 100
7 % debenture s to c k . 100
G illiland Oil p re f_____ 100
G im b el B rothers__________
P r e fe r r e d _______________
G lid d en & C o ______ no par
G old w y n P ictures_________
G ood rich (B F ) ____ no par
P r e fe r r e d ____________ 100
G ra n b y C ons M S & P .1 0 0
G ray & D a v is, I n c _ .n o par
G reat W estern Sugar, pref _
G reene Cananea C o p p .1 0 0
G uan tanam o S u ga r.n o par
G u an ta n a m o Sugar, p r e f_ .
G u lf States Steel tr ctfs 100
1st preferred________ 100
H abirsnaw E l C a b ..n o par
H artm an C orp ora tion . 100
H endee M anu factu ring 100
H om estake M in in g____ 100
H ou ston Oil o f T e x a s .. 100
H ud son M o to r C a r .n o par
H u p p M o to r C ar C o r p . .1 0
H yd rau lic S teel____ no par
P re fe r r e d ____________ 100
Indiahom a R efin in g_____ 5
In d ian R efin in g_________ 10
Ingersoll R an d Preferred
Inspiration C ons C o p ___20
In t A gricu l C orp v t c . . 100
Preferred v t c _______100
Internat C em en t___no par
In ter C om b u s E n g .n o par
Internat H arves n e w .. 100
P referred , n e w _______100
Internat M erc M a rin e . 100
P r e fe r r e d ____________ 100
International N ick e l____ 25
P r e fe r r e d ____________ 1 0 0
International P a p er___100
Preferred s ta m p e d ..1 0 0
In ternational S h oe________
In v in cib le Oil C o r p _____ 56
Iron P rod u cts C o r p .n o par
P r e fe r r e d ____________ 100
Island Oil & T r a n s p o r t ..1 0
Jewel T ea I n c __________100
P r e fe r r e d ____________ 100
Jones B ros T ea I n c ____ 100
Jones & L a ’ln Steel pref new
K ansas C ity Pr & L t 1st pf
K ansas & G u lf_____________
K ayser (J)& C o (new) no par
1 st pref (n ew )____ no par
K elly-S pringfield T i r e . . 25
Preferred 6 % ________ 100
Preferred 8 % ________ 100
K elsey W heel I n c ______100
P re fe r r e d ____________ 100
K en n ecott C o p p e r ..n o par
K e y sto n e T ire & R u b b __1 0
R i g h t s __________________
K resge (S S) C o ________ 100
P r e fe r r e d ____________ 100
L ackaw ann a S teel_____ 100
L a cled e G as (St Louis) .1 0 0
L ee R u b b er & T ir e , .n o par
L igg ett & M y ers T ob __1 0 0
Series B _____________ 100
P r e fe r r e d ____________ 100
L oew s In corp ora te d no par
L o ft In co r p o ra te d _ .n o par
L oose-W iles Bis tr c t fs . 100
1st p referred ________ 100
2nd p referred ________ 100
Lorillard ( P ) ___________ 100
P re fe r r e d ____________ 100
M c In ty re P or M in e s ____ 5
M a ck a y C om p a n ies___100
P r e fe r r e d ____________ 100
M a ck T ru ck , I n c ___no par
1st p referred________ 100
2d p referred __________100
M a c y ______________________
P r e fe r r e d _______________
M a gm a C o p p e r____ no par
M a llin son (H R )& C o no par
P re fe r re d ____________ 100
M a n a ti S ugar__________100
M anh attan E i Supp no par
M a n h attan E lev a ted s crip .
M a n h attan Shirt________ 25
M arland O il________ no par
M a rlin -R ock w v t c .n o par




29

STOCKS—STOCK EXCHANGE RECORD

300
1,900
107,100
1,500
14,200
100

P R IC E S I N

12 M on th s
1922.

1922.

S hares.

Bid.
18,900
2%

14,745
483,900
2 0 ,1 0 0

19,300
2 1 ,2 0 0

J an . 2.

Ask. Bid.

4
18
22
78 % Sale
1 0 2 % 106
10
78%
96
9
39

6

25

1,500
2,300
200

90,100
100

5,100
22,900
7,400
1 ,1 0 0

43,700
148,700
24,500
6,700
100

5,800
4,4 0 0
15
13,600
800
2,800
20,600
13,200
8,900
1,300
16,700
40,900
35,000
2.900
73,800
2,600
4,200
85,800
7,900
100

17,100
7,600
1,900
11,500
7.200

54,950
142,325
1,457,540
1,732
130,750
52,500
125,100
26,700
667,400
436,150
495,900
586,780
2,700
270,550
95,500
134
256,650
29,500
54,220
163,800
566,900

117

98
Sale
9 % Sale
47 % Sale
101
106
10% Sale
2 0 6 % Sale
112
116
9 7 % Sale
1 3 % Sale
21
Sale
64
69
1 0 1 % Sale
49 % Sale
80 % Sale
68

108
115
8 2 % Sale
1 0 4 % Sale
1 0 4 % 106
182 % Sale
11 % Sale
14 % Sale
83% 8 5 %
8 4 % Sale
9 7 ) 4 Sale
41
55
40% 41%
97
Sale
10
10 %
4 V Sale
s
36 % Sale
83
85%
24
Sale
1 3% Sale
25
9%
Q7 74

77}4
1

82
16
55
76

Sale
95
1%
Sale
17%
Sale
Sale

81 %
93
1%

83
20
79%
70
27%
24%

1 1 % Sale
5%
7

4%

34
1 2%
6%

3 % Sale
7)4 Sale
40

Sale
7%
9
34
35%
27% Sale

35%
6 y3
31%
34%
24

301,892 81 ]4 Sale
14,550 106
Sale
514,180 1 4 % Sale
1,398,290 65 % Sale
322,650 1 2 % Sale
164,010 61
Sale
627,200 52
Sale
65,580 7 1 % Sale
575,790
657,735
1,400
1,235,976
231,800
45,550
257,900
7,600

1 ,1 0 0
6 ,1 0 0
100

71,800
41,800
7 100
100
1 ,0 0 0

9,100
2,050
500
1.50C
70,600
71,400
7,300
9,400
400
4,900
200

13,200
1,400
930
1 0 1 ,2 0 0

4,300
4,600
45,500
1,700
8,900
98,400
100

6,600
41,900
3,600
16,600
105,700
600

845,500
428,800
21,775
1,006,900
5,880
18,296
116,800
4,393
792,800

14 % Sale
25
Sale

Sale
96

71% Sale

62% Sale

26 % Sale

632,060 17%
1,600
132,900 174
800 104
523,500 46%
77,120 46
223,000 28
2 2 , 6 6 6 160
7,456 158
23,100 107
121,180 13%
132,269
9%
75,200 36
1,900 97
1,600 95
78,754 150
3,470 108
654,700.
32,200 71%
13,1671 57
611,650 28 %
84,600 73
35,780 58
7,500

Sale

9
175
110
80
82
29%
219
210
117%
5 8%
19%
11%
59%
105
115
163
113
18

Sale
107
Sale
48
Sale
164
164
109
Sale
Sale
39
Sale
110
_____
111

70

100

60
Sale
Sale
60

69%
58%
92
82
61%
112

2 ,0 0 0

32
38%
90
46
50

65,900
746,520 12% 15%
68
5,500 62
120,900 31% Sale
72,700|
322,812
1,260,700
78,250

33

34%

47

2(5^ Sell© | 30
5

9

7%

Sale
8%
Sale
Sale
Sale

23
9%
98 5X
81%
99%
1%
92
19 %
75
7 1%
28 %
24
4%
30
14%
5%

8

1

10

Sale
185
117

9
213
111
120
96
86
83%
Sale
28%
Sale 219 %
225
206
115
119
60%
Sale
Sale
18%
10%
12
53
Sale
115
105
120
114
170
169
122
118
Sale
18
106
113
Sale
69%
65%
Sale
94
93%
85
85%
Sale
67
1 1 2 % 113%
Sale
30
Sale
35%
96
89
49
46%
52
Sale
4%
Sale
44%
Sale
33%
Sale
9%

% Jan.
Jan.
Jan.
117
Jan.
26
Jan.
9 % Jan.
8 2 % Jan.
9 4 % Jan.
8 % Jan.
44
Jan.
102% Jan.
7 % Jan.
1 56 % Jan.
116
Jan.
9 6 % Jan.
13% Jan.
19
Jan.
66
Jan.
100
Jan.
42
Jan.
77
Jan.
6

8

26

5
31
3
4
3
19
16
23
23
9
17
31
5
24

88

Sale
44%
S lie
Sale
Sale
Sale
Sale

Highest.
Sale Prices.

2%
22
j 76%
3 104
26%
10
3 12
75%
2
91%
11
9
15
37%
4
24 1 00 %
8%
2
75
11
100%
30
29 7 6 %
13 1 0%
13 1 2%
13 4 5 %
96
2
37%
2
69
2
4
16

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan.
Jan.

33
7%
31
34%
23%

Jan.
Jan.
Jan.
Jan.
Jan.

87%
115
8%
37%
14
69%
49%
70

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

14% Jan.
4 1 % Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

1%
40
100
46%
88
84%
102%
108
108% 101
105
100
35
Sale

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.

Sale
8 % Jan .
Sale 183
Jan .
117% 117
Jan .
120
8 4 % 83
Jan.
Sale
2 7 % Jan.
Sale 208
Jan.
220
210
Jan .
117% 116
Jan .
Sale
5 8 % Jan.
Sale
1 8% Jan .
11
1 0% Jan .
56
5 1 % Jan .
115
107
J an .
120
Sale 161% Jan .
118% 117
Jan.
Sale
1 7 % Jan.
117
105
Jan.
Sale
69
Jan.
Sale
5 8 % Jan.
Sale
9 2 % Jan.
Sale
84
Jan.
Sale
6 1 % Jan.
117
112% Jan .
2 9 % Jan.
Sale
Sale
3 4 % Jan .
9 3% 90
Jan.
Sale
4 3 % Jan.
55
5 1 % Jan.
4%
Sale ' 45 ~ Jan .
2 7 % Jan.
Sale
13
10
Jan .

Jan.
Jan.
Jan.
Jan.
D ec.
D ec.
Jan .
Jan.
Jan .
M a r.
D ec.
D ec.
Jan .
Jan .
Jan.
N ov.
Jan .
Jan .
June
N ov.
N ov.
June
June
M a r.
Jan .
M a r.
Jan .
N ov.
Jan.
Jan.
M a r.
M a r.
D e c.
O ct.
N ov.
N ov.
D e c.
N ov.
N ov.
N ov.
N ov.

4
18
10
5
26
11
10
28
3
14
5
27
5
12
5
27
24
14
16
24
22

11%
44%
94%
119
31%
20%
107
107%
1 6%
62%
106%
1 0%
218
112
103%
1 9%
27%
80
105%
73%
111
175
1 12 %
84%
109
110
190
12
15%

June
June
D ec.
D ec.
O ct.
June
S ept.
S ept.
M ay
S ept.
D ec.
D ec.
D ec.
N ov.
June
A p r.
O c t.
O c t.
O ct.
J u ly
J u ly
D ec.
D ec.
D ec.
N ov.
N ov.
D ec.
S ept.
J u ly
S ept.
O c t.
S ept.
D ec.
O ct.
O ct.
June
O c t.
M ay
A p r.
M ay
M ay

5
3
30

28%
94%
118
31
9%
93 ”
99%
9%
49%
116
10%
212%
119
100
1 5%
22
69%
101%
49%
80%

Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

108
87%
2 106
9 106
10 185*4
3 12
17 1 5 %
20
85
9 85
1 0 100
18 4 9 %
3 48%
2
99%
18 12
2
6%
4 39%
3 92
25 2 6 %
23 1 4 %
SI 1 0 ft
19 2 7 %
5 10%
5
10
84%
11 101
2
2%
4 95%
8
21
31 7 9 %
10
77%
10
29%
11
25%
29
6%
10
34
3 16
24
6%
s
18 3 6 %
4
8 %
22
34%
2
39%
26 26

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
.Tan.
Jan.
Jan.
Jan.
Jan.
.Tan.
Jan.
Jan.
Jan.
.Tan
Jan .
Jan .

17 90
25 1 1 6 %
13 1 0 %
29 47
2
16
4 77%
22
55%
31 7 5 %
67
17 1 7 %
17 47
5
2
%
24 2 0 %
29 7 7 %
17 53
29 107 %
25 9 7 %
2
3%
8
43%
29 103
4 51%
3 84%
2 108
23 1 10 %
26 100
18 3 7 %

3 115 % A u g . 14
3 7 9 % Jan.
Jan.
S ept. 18
4 1 05 % F e b . 14 119
Jan.
8 % D e c . 27 2 7 % M a y
3
5
Jan.
5 4 1 % D e c . 28 8 7 % M a y 3
Jan.
9 1 9 % A p r. 24
4 1 1% J an .
Jan.
J an .
4 85
Jan . 20
Jan. 11 60
Jan. 15 4 3 % M a r. 8 6 3 % O ct. 16
M a r. 9 8 0 % Sept. 11
5 59
Jan.
.Tan 31
Jan. 30 1 2 % Ju ly 2 1 2 0 % A p r. 17
Jan . 19 5 3 % O ct. 16
3 24
Jan.
S ept. 9 103
S ept. 11
5 94
% N o v . 18
3
Jan . 25
Jan. 17
10
J an .
4 2 2% M a y 2
2
Jan.
3 8 % Jan .
4 7 6 % D e c . 18
2
Jan.
J ddi. 3 3 4 % F e b . 11 5 7 % S ept. 21
Jan.
8 107% D e c . 27 109 % D e c . 15
.Tan. 25
1 % D e c . 21
7 % Jan . 3
Jan . 12
34
M ay 1 48% A ug. 3
2
Jan.
94
M a y 1 106 % June 9
8
Jan.
4 53% M ay 5
Jan. 13 3 4 % J an .
3 86
June 5
3 7 1 % J an .
Jan.
4 1 07 % M a v 9
Jan. 18 9 0 % J a n .
F e b . 9 115 % D e c . 19
Jan.
3 61
M a r. 31
Jan. 26 9 0 % Jan . 23 106
4 39% M ay 3l
Jan .
4 2 5 % J an .

2

24
5
22

24
24

2

102

108
81%
104 %
104%
179
11%
13%
83%
83%
96%
48
41
96%
10
4%
34
84
23
11

%
17%
69%
50
107 %

Sale
Sale
Sale
Sale

Lowest.

Highest.

Sale Prices.

25
24
Jan.
Sale
9 % Jan.
103
Sale
78
Jan.
105% 101
Jan.
Sale
1% Jan.
Sale
8 3 % Jan.
Sale
18% Jan.
Sale
75
Jan.
Sale
6 9 % Jan.
Sale
2 5 % Jan.
Sale
2 2 % Jan.
Sale
4 % Jan.
38
34
Jan.
Sale
13
Jan.
5 % Jan.
6

3 3 % Sale
8
8 %
32
33
3 6 % Sale
23% 24%

16%
Sale
4 6% 4 4 %
99 % 92
%
Sale
Sale
1 9%
73%
Sale
5 2% 5 2 %
Sale 107%
97%
1
Sale
2%
41%
4 3 % Sale
100
105
101 %
4 9 % Sale
48%
82
85
85
1 0 2 % Sale
106
110
Sale 105%
100
100
107
36
Sale
36%

7 % Sale

92

10%

1 4%
44%
80
%
20%
76%
51%
107 %

2 % Sale
11
Sale
39
44
36 % Sale

43

28 %
QQ
Sale
102
Sale
85
Sale
Sale
Sale
Sale
Sale
5
38%
13

6

2 5 % 27
% Sale
-------- 117%
29
Sale
8%
15
84
Sale
9 6 % Sale
9 % 1 0%
46
47
116
Sale
8
Sale
160
Sale
118% 119 %
9 9 % Sale
1 4% Sale
19
Sale
66%
68%
100% 101%
4 2 % Sale
80
Sale
79
83
114 % 116
8 5 % Sale
107% 110
106y3 109
184
Sale
11% Sale
13% S ale
83% 84%
84
Sale
98
Sale
4 9 % Sale
4 5 % Sale
99
99%
10
10%
6 % Sale
3 5 % Sale
90
Sale
2 3 % Sale
13
Sale
88

89
Sale
89
Sale
_____ 116% 115% Sale
9 % Sale
10
Sale
4 3 % Sale
38/*} Sfilc
1 4 % Sale
14
Sale
73
74
6 9 % Sale
5 2 % 53
5 0 % Sale
Sale
7 4 % 7 5 % 70

100

59,900
16,800
1,400
130,400
700

Sale

26%
27%
5
15
9 1 % Sale

30
Sale
Sale
Sale
Sale

9 % Sale
47

7
25 %

Ask

Sale Prices.

Lowest.

J a n . 31.

Ask. Bid.

9 3 % Sale

80,000 1,489,260
78,700
4,300
16,400
400
116,952
6,300
1 ,1 0 0
2,480
13,400
17,875
163,100 80 % Sale
14,600
4,100 103
112
700
54,000 77 % Sale
6,500
53,000 1 2 % Sale
55,400
799,500 14
Sale
37,300
140,600 45
53
4,100
12,500
1,800
156,600 2,081,700 6 5 % Sale
88,625 103
Sale
4,300
1,629
2 ftOO
1,500
100
154,372 6 8
Sale
17,500
9,300 94
96
1 ,0 0 0
2 , 0 0 0 101
105
500
243,240 139% Sale
20,700
49,850
14,000
Sale
237,000 4,549,950 10
29,404 72
Sale
1,600
118,735 70 % Sale
8 ,2 0 0
61,508 81 % 85
7,200
300
300
13 t28U
12,500
23,900
3,800
91,250
2,700
122,300 36 V Sale
s
29,200
294,950 82
87
23,300
40,700 2 8 % Sale
6,300
196,488 1 2
Sale
5,400
151,600 2 7 % Sale
21,500
2 ,0 0 0

RANGE FOR YEAR 1922.

JAN U ARY.

Jan. 3

8

4

106
19, 65
24: 94
24 1 00 %
30 136
10%
2
4| 8 %
69
16:
171 6 7 %
17, 7 9 %
3 b 45
19 3 8 %
26 9 3 %
9%
4
4%
4
28%
19
79%
22
22
12
8
27
8

N ov.
3 22
7
F eb.
9
13
Jan. 19 4 4 % Jan .
M a r.
Jan. 11 95
% Jan .
Jan. 1 2
N ov.
Jan. 26 81
Jan .
Jan. 23 15
55
Jan .
2
Jan.
15 6 1 % Nov..
Jan.
Jan. 26 1 9% N o v .
5 1 0 % Jan .
Jan.
3 % F eb.
8
Jan.
30
A p r.
10
Jan.
3 % Jan .
6
Jan.
5
Jan .
4
Jan.
s 1 03 % N o v .
N ov.
3 31
Jan.
5 % D ec.
Jan . 24
Jan. 18 2 8 % N o v .
Jan.
J an . 15 26
3 2 0 % June
Jan.

4%
1 0 % Jan.
4
%
214
Jan. 29
3 117
3 109
Jan .
106
10
86
Jan . 26 44
16 2 9 % Jan. 13 4 3
24%
25 220
Jan.
6
5 218
Jan. 2 2 153
15 118 % Jan .
8 100
17 6 2 % Jan. 29 108
5 10%
17 1 9 % Jan .
15 11% J an .
5
9
4 6 1 % Jan. 13 36
97
1 2 107% Jan . 17
1 09 %
8 170
Jan. 31 147 %
4 119
Jan. 2 2 108
5 1 8 % Jan . 23 1 0%
2 2 116
Jan . 26 72
16 6 9 % Jan . 11 57
2
6 9 % Jan. 1 2 2 5 %
3 9 4 % Jan . 13 6 8
3 8 7 % Jan. 1 2 54
8
7 1 % Jan . 2 0 59
3 114% Jan . 25 1 1 0 %
3 2 % Jan .
8
3 27%
Jan.
2
1 5%
24 40
24 90
Jan . 24 6 2 %
17 47
Jan. 30 3 0 %
3 5 7 % Jan . 15 41
26
15
5 32
24 4 7 % Jan .
6
3 5 % Jan. 23 2 2 %
2
11
Jan . 16
5%
17

10

1

14
3
4
18
9
1

5
24
6
8

27
30
14
16
21
24
13
14
18
1

16

86

96%
100
46%
45%
102%
18%
8 %
44%
91
35
1 9%

13

27
28
23
16
10
3
31

M a r.
Jan.
M a r.

4

1

4
27
27
13
28
18
17
10
28
9
7
3
9
6

4
10
5
13
13
10
6

6
6

6

9
19
23
5
2
13
1

13
13
13
2
6

3
22
24
31

3 4 % M a y 29
1 4% M a r. 15

9 9 4 % O c t.
29 101
D ec.
20
3 % M a r.
25 103
M a r.
12
2 8 % S ept.
3 82
N ov.
27 9 1 % O ct.
1
27% D ec.
6
26% D ec.
9 1 4 % June
18 60
June
27 1 5 % D e c .
20 11% June
25 104 % D e c .
27 45 * June
14 1 1 % M a y
27 4 3 % M a r.
23 3 8 % M a y
12
3 0 % S e p t.

N ov.
N ov.
O ct.
J an .
F eb.
Jan .
N ov.
F eb.
Jan .
Jan .
Jan.
Jan .
Jan .
J an .
M a r.
J an .
F eb.
Jan .
J an .
Jan .
Jan .
F eb.
Jan .
N ov.
N ov.
N ov.
Jan .
Jan .
Jan .
M a r.

8

17
9
5
5
17
20
14
30
22
15
14
25
14
23
18
20
20
13
7
9

24%
%
1 89 %
110%
85
94%
35%
235
220
123%
23%
1 4%
65%
109
115
180
121
21%
117
70
61%
94%
87%
62
112
35%
40
97%
52
69%

9
8

16
13
16
15
9
30
11
3
7
11
1

30
1

4
14
8

20

M ay 4
N ov. 1
N o v . 10
D e c . 20
O c t. 16
A ug. 28
M a r. 16
O c t. 18
S ept. 20
N ov. 6
S ept. 18
M ay 3
O ct.
4
N o v . 22
A p r. 24
S ept. 8
O ct. 28
M a r. 23
D e c . 18
N ov. 6
S ept. 11
D e c . 13
S ept. 19
D ec. 1
D e c . 26
S ept. 21
A u g . 28
O ct. 20
M a r. 13
A p r. 24

47
D ec. 8
4 6 % J une 19
2 6 % M a r. 22

STOCKS-STOCK EXCHANGE RECORD

30
Y

STO CK

E X C H ’G E

In
12 Months
January
1922.

Par Shares.
M a rtin Parry C o r p .n o par
M athieson A lkali W ks__50
M axw ell M o t W V Cl A 100
Class B __________ no par
M a y D ep t S tores_____ 100
P r e fe r r e d ____________ 100
M etrop olita n E d ison , pref _
M exica n P etroleu m ___100
P r e fe r r e d ____________ 100
M exica n S eab’ d Oil no par
V otin g trust c t fs _______
M iam i C o p p e r____________ 5
M id d le States O il_______10
M id d le States Oil rig h ts___
M id v a le Steel & O r d ____ 50
M on ta n a P ow er_______100
P r e fe r r e d ____________ 100
M o n tg W ard & C o ..n o par
M o o n M o to r C a r _________
M oth er L od e C o a li.n o par
M ullins B o d y _______no par
N ash M otors C o ___no par
N ash M otors p r e f_________
N ational A c m e _________ 50
N at B k o f C o m m e r c e ..1 0 0
N ational B iscu it_______100
P r e fe r r e d ____________ 100
N a tion a l B iscuit w i _______
N a tl C loa k & S u it_____ 100
P r e fe r r e d ____________ 100
N a t C o n d ’ t & C ab le no par
N a t E nam el & S t a m p .. 100
P r e fe r r e d ____________ 100
N ational L ea d __________100
P r e fe r r e d ____________ 100
N eva d a C onsol C o p p e r ..5
N ew Y o r k A ir B r a k e .. 100
N Y A ir B ra k e______no par
C lass A __________ _______
N ew Y ork D o c k ______ 100
P r e fe r r e d ____________ 100
N Y S h ip b u ild in g ..n o pa-.
N lag Falls Pow er p re f. 100
N orth A m erican ( n e w ) . . 50
P re fe r r e d _____________ 60
R i g h t s ________________
B r ig h t s _________ _______
N orth A m er O il___________
N o v a S cotia Steel & C .1 0 0
N unnally C o (T h e ).n o par

3,500
20.600
21.500
42,600
86.500
650
400
400

Price about
Jan. 3
1922.

Shares. I Bid.
40,270 21 %
127,450 2 2 %
173,500 51
687,050 14
258,324 108 %
1,700 108

P a n -A m er P et & T r ____ 50
Class B s to c k _________ 50
Panhan Prod & R e f.n o par
P anhandle P & R , p re f. 100
Parish & B in g h a m ..n o par
P enn ey (J C ) C o p r e f .. 100
Penn E dison p re f______
P enn-Seab St v t c _ .n o par
Penn sylvania E d is o n , pref
P eop le’s Gas L & C o k e . 100
Philadelphia C o ( P i t t s ) .50
Philadelphia C o p re f-----(6)j
Phillips Jones C o r p .n o par
P r e fe r r e d ____________ 100)
Phillips P etroleu m _.n o par
Pierce-A rrow M o t C no par
P r e fe r r e d ____________ 100
Pierce Oil C o r p _________ 25
P r e fe r r e d ____________ 100
P ig W ig Stores Cl A .n o par
Pittsburgh C oal (of P a) 100
P r e fe r r e d ____________ 100
P ittsb u rgh Steel p r e f . . 100
P on d Creek C o a l________ 10
P o rto R ican -A m er T o b —
P ostu m C erea l_____ no par
8 % preferred ________ 100
Pressed Steel C a r _____ 100
P re fe r r e d ____________ 100
Produ cers & R e f C o r p . . 50
P r e fe r r e d _____________ 50

396.200
380,100
2,600
300
3,900
300

4,222,330
2,254,700
104,400!
2,600
69,100
1,700

32,400
100
20,800
21.700
600
400
500
180,800
42.800
28.300
15,150
5,000
68.200
9,600
700
500
42.800
100
40,900
1.400
16,600
2.400
344,100
900
74,100
4,200
41,600
25.700
37,000
2,300

11%

47%
55

52%
46%
12
76
13




1.000
19,419
3.500
200
8,400
200
400
77,400
58,700
6,300
54,500
1.500

121

88

Highest.
Sale Prices.

Highest.
Sale Prices.

Jan.
Jan .
Jan .
Jan .
Jan.
26%
Jan .
63
Jan .
100%
J an .
12
Jan .
13
Jan.
9%
Jan .
1 7%
Jan .
70
Jan.
101%
Jan.
9%
12
Jan .
299
Jan . 11 *264
36%
41 % Jan.
113%
1 23 % Jan .
35%
26
65
J an .
69
102
J an .
1
1 % Jan.
30%
6 9 % Jan .
81
100 % Jan.
85
1 2 8 % Jan .
108
114
Jan.
13%
1 6% Jan .
24%
38%
2 9 % Jan .
45%
5 0 % J an .
20
2 2 % Jan .
46
48
J an .
11%
1 2 % J an .
100%
109
Jan .
44%
1 0 7 % Jan .
38
4 5 % Jan .
3%
2 0 % J an . 25 1 7%
8
29
20%
29
J an .
8
10
Jan .

Jan .
J an .
O ct.
O ct.
N ov.
N ov.

D ec.
10 322
D ec.
12 108
3 4 % J u ly
7
5 3 2 % J u ly
15 3 1 % M a y
A p r.
15 16

D ec.
Jau.
Jan .
F eb.
A ug.
N ov.
D ec.
D ec.
A ug.
N ov.
June
D ec.
Jan
N ov.
Jan
Jan.
D ec.
Jan .
M a r.
Jan .
Jan .
N ov.
N ov.
S ept.
N ov.
N ov.
N ov.
D ec.
Jan .
Jan.
J an .
Jan .
N ov.
N ov.
F eb .
J u ly

28
4
6
11
28
1
4
30
8
14
1'
30
4
29
17
5
18
11
7
12

1 0 % Jan .
9%
6 % Jan .
6 6 % J an .
Sale
59
Jan .
2 % J an .
Sale
1 % Jan .
5 % Jan .
Sale
5
Jan .
1 9 % Jan.
Sale
1 7 % Jan.
85
Jan .
87
8 4 % Jan .
Sale
Sale 144
Jan. 24 1 5 2 % Jan.
95
102
102
104 % 1 0 2 % Jan . 2 6 ,1 0 4 % Jan .
Sale
9 % Jan .
8 % Sale
7 % Jan.
8 % Sale
Sale
5 5 % 48
42
Sale
50
Jan .
47
Jan .
Saie
43
Sale
46
Jan .
3 6 % Sale
3 6 % Jan .
114
112
107
107
Saie
1 % Jan.
1
Sale
% Jan .
% Sale
6 5 % 8 2 % Sale
85
Jan,
7 9 % Sale
7 8 % Jan.
12%
1 1 % Jan.
11% Jan .
11 % 12
Sale
4 8 % Jan.
4 2 % Sale
4 7 % Sale
4 2 % Jan.
60
67
Jan.
60
100
67
Jan .
92
Jan.
91
9 1 % 9 1 % Jan.
12 % Sale
11
Sale
14% Jan.
1 0% Jan.
9 8 % Jan.
9 1 % 9 3 % 9 8 % Sale
93
Jan .

5
47
1%
4%
1 2%
90
116
93
6
40
24%
98
%
60
11
42%
56%
86%
10
91%

Sale
Sale
Sale
80
Saie
94

Sale
2 7 % Jan .
Sale
4 9 % Jan .
4 6 % Jan .
Sale
Sale
15 % Jan.
6 7 % Jan .
Sale
118
116 % Jan .
97
9 3 % Jan.
290
290
Jan.
105
Sale
1 6% Jan.
1 5% 1 5% Jan.
Sale
2 6 % Jan.
11
Jan .
Sale
% Jan.
2 7 % Jan .
Sale
67
6 5 % Jan.
108
Jan .
Sale
2 9 % Jan .
Sale
1 7 % Jan .
Sale
11
Jan.
Sale
22
Jan.
Sale
7 5 % Jan.
_____
99
Jan.
Sale
11
Jan .
298
Jan .
Sale
38
Jan .
125
120 % Jan.
39%
Sale
60
Jan.
104
102
Jan.
Sale
1
Jan.
Sale
6 5 % Jan.
Sale 100
Jan .
Sale 1 23 % Jan.
Sale 1 12 % Jan.
Sale
1 4 % Jan.
28
28
2 6 % Jan .
Sale
46
Jan .
2 2 % 2 1 % Jan.
Sale
46
Jan .
12 % 1 2 % Jan .
108% 109
Jan .
Sale 1 00 % .Tan.
Sale
4 4 % Jan .

28%
67
107
22%
19
11%
22%
75%
99
11 %
295
38%
117

Sale
69
-------Sale
Sale
Sale
24
Sale
Sale
Sale
299
Sale
121

62%
102
1%
67%
95
1 28 %
112 %
15%

Sale
Sale
Sale
Sale
102
Sale
Sale
Sale

26%
47%
22%
49
11
109
105 %
45%

Sale
Sale
Sale
52
13
_____
Sale
Sale

122
39%
61%
102 %
1
67
100
126
113
1 4%
27
27
48%
21%
46
12 %
108
103%
45
19

21

18

26
9%

28%
11

25
9%

27%

27
Jan .
9 % Jan .

6%
58
1%
5%
19
82%
149%

90%
84
4
62
14%
98%

27%
66

111

21%
18%
11%
24
100%
105
11

___

10

J an .

31
55%
54%
17%
78%
119
97%
293

J an .
Jan .
J an .
Jan.
Jan.
Jan.
Jan.
Jan.

18%
17%
28
1 2%
%
29%
68%
108
23
19%
11%
24
1 14 %
1 01 %

Sale
9
63
65
Sale
2%
5
6%
Sale
18%
85
89
155
145

86%
Sale
Sale
79%
5
4
71
58
Sale
13%
_____ 100

Sale
84
Sale
77%
4%
4
60
62
Sale
11%
_____ 1 0 1 %

Jan .
Jan.
Jan .
Jan.
Jan.
Jan.

91 %
84%
5
68
14 %
102%

Jan.
Jan.
Jan,
Jan .
Jan.
Jan.

1 0% Sale
2 % Sale
101 % 106
Sale
254.600 i6 2
9 3 % Sale
250,100 3 2 % Sale
4 1 % Sale
3,590
43
Sale
32,620 1 02 % Sale
77
80
9,200 9 0 % 9 5%
96
97
Sale
1,379,060 33
48
Sale
713,360 1 3% Sale
1 3 % Sale
Sale
32
Sale
356.600 31
1,065,050 1 1% Sale
4 % Sale
Sale
128,230 71
40
Sale
421,200
5 7 % Sale
460,035 6 3 % Sale
6 0 % Sale
9 3 % 9 9 % 100
16,585 93
94
91
98
5,140 84
393,500 1414 15% 3 9 % Sale
6 7 % 68
4,400
114% Sale
285,575
84,850
107
111
98,780 9 2 % Sale
81
Sale
Sale
98
100
10,808 92
1,634,200 30
Sale
5 0 % Sale
44
48
10,800 39
Sale

3%
102
93%
41%
44
72
90
51
29
4
37%
61
60%
99
93%
41
64
126
113
65
91
49%
45

3 % Jan.
Sale
2 % Jan.
102
Jan.
106
102
Jan.
9 4 % Jan.
Sale
90
Jan.
42
4 4 % Jan .
41 % Jan .
45
.Tan.
4 4 % 43
Jan .
7 8 % Jan .
78
76
Jan.
96
Jan .
9 5 % 94
Jan.
5 2 % Jan.
Sale
4 7 % Jan.
Sale
11% Jan. 27 1 5 % Jan.
Sale
2 7 % Jan. 27 3 5 % Jan.
4 % Jan.
Sale
4
Jan.
45
Jan.
3 9 % 38
Jan.
6 4 % Jan.
Sale
5 5 % Jan.
6 1 % Jan.
Sale
58
Jan.
9 9 % Jan.
99
Jan .
Sale
9 3 % Jan.
100
92
Jan.
42
Jan.
3 8 % Jan.
Sale
6 7 % Jan.
80
6 7 % J an .
131 % Jan.
Sale 113
Jan.
1 1 4 % Jan.
114
1 10 % Jan.
81 % Jan.
Sale
65
Jan.
9 9 % Jan.
Sale
86
Jan.
5 1 % Jan.
Sale
4 7 % Jan.
4 7 % Jan.
4 6 % 46
Jan .

72
572,540 67
17,300
942,656 107 % Sale
861,056 3 3 % Sale
561,650 3 8 % Sale
898,300 11% 12
197,356
93,470 9 9 % Sale
5,420 107
22
48.700 20
Sale
303,520 15
34.700
8
9
49%
2,010
20,410 2 5 % Sale
8,100 65
59
54
8,090 45
777,000 2 6 % Sale
1,527,650 5 2 % Sale
88
104.600 85
88,500

1,100

Lowest.
Sale Prices.

106%
79%
15
12
25
11.

27%
Sale
Sale
53%
Sale
46
1 5%
Sale
Sale
73
118
116
9 8 % 94
Sale 240
95
1 7% Sale
16%
17
Sale
15%
2 7 % Sale
2 7%
1 1% Sale
11%

29%
49%
51
1 5%
69
116
93
290

1,206,000

P u b Serv C orp o f N J ..1 0 0
P re fe r r e d _______________
Pullm an C o m p a n y ____ 100
P un ta A legre S ugar____ 50
P u re O i l .n -----------------------25
8 % p referred________ 100
R ig h ts ___________________
R ailw a y Steel S p r in g .. 100
P r e fe r r e d ____________ 100
R a n d M in es, L t d ___no par
R a y C onsol C o p p e r____ 10
R eis (R o b t) < C o -----no par
&
1st p referred ________ 100
R em in g ton T y p e w v t c 100
1st preferred v t c ___100
2d p referred __________100
R ep log le S teel_____ no par
R ep u b lic Iro n & S teel. .1 0 0
P r e fe r r e d ____________ 100
R eyn old s Spring C o .n o par
R i g h t s __________________
R eyn old s (R J) T o b C o_25

8%
63

Ask. Sale P rices.

4 36%
11 54
28 7 4 %
16 2 5 %
16 1 7 4 %
18 1 1 7 %

1 1% Sale
46
49
2 % Sale
4
4%
1 3 % Sale
118%
83
10
42%
25%

Lowest.

Jan. 31.

Ask Bid

2 0 % J an .
22
Jan.
41% N ov.
11
F eb.
65% D ec.
106
F eb .

Sale
Sale
Sale
Sale
Sale
110

5,741,988 113
Sale
17,106 85
88
834,200
96,800
187,300 2 1 % Sale
1,934,400 13 % Sale

45,000:
O hio B o d y & B lo w ..n o par
9.100
4,704'
O hio Fuel S u p p ly ............ 25
1,375
784,300
O kla Prod & R ef o f A m . .5
55,900
Ontario Silver M in in g . 100
52,000
1.100
302,000'
O ip b eu m C ircuit I n c ____ 1
13,000
575
P re fe r r e d ____________ 100
300
73,036
Otis E le v a to r___________100
2,800
6,393’
P re fe r r e d ____________ 100
400
239,095;
Otis S teel_____ _____no par
26,700
2,550
P r e fe r r e d ____________ 100
500
283,050
Owens B ottle____________ 25
128,800
1,200
P r e fe r r e d _____ ______ 100
410,000
P a cific D evelopm en t no par
35.400
360,550
P a cific G as & E le c tr ic . 100
25,600
44.600
P a cific M a il S S ___________5
100
P a cific O il....................... . . n o par
186,700 3,851,950;
4.300
P a cific T e l & T e l_______100
100
7.300
P r e fe r r e d ____________ 100
300
77.600
P ackard ________________
390.890
500
Preferred ___________
3,400

Jan. 2.

Ask Bid

23,800
16.400
9,200
140,700
100
81,200 2,105, 100 27 % Sale
6,600
125, 500 64 % Sale
11 , 035; 101
10
Sale
53.700 2 , 111 , 400 13 % Sale
216, 946
24.400
335, 000
91.300
85, 750 2 1 % Sale
1,240
1, 438
16.700
112
3,400
72, 200 10% 11
3,300
17
2, 224
137, 857, 126% Sale
159,000
12 , 932 113
114
900
124, 800
46, 600 2 6 % Sale
2.100
9, 000 71
Sale
300
99, 600
4,100
1
1%
677, 700 3 6 % Sale
44,000
92%
425
11, 920 88
317, 560 84
87
8,400
109
13, 830 105
2.710
369, 600 1 4% Sale
12,400
92, 000 58
Sale
6, 000
5,600
32 300
9.300
141 700 3 0 % Sale
1,610
18, 150 53
56%
400
12 200 13
Sale
100
1, 500 98
-------100
Sale
8 6 8 , 000 45
67.600
Sale
173, 125; 39
8,650
2 0 , 025
400
600
1, 600
26
52, 300 24
800
9 % Sale
28 300
1,300

4,600

RANGE FOR YEAR 1922.

PRICES I N JANUARY.

SALES.

STOCKS
N

[V ol. 116.

12

92%
106
1 30 %
47%
29%
99%

Sale
107
Sale
Sale
Sale
Sale

98
105
1 28 %
45%
27%
98

Sale
107
Sale
Sale
Sale
99

93%
106
126%
43
27
97

114%
117
33%
1 4%
15%
77
34
95

Sale
119
34%
Sale
16%
84
Sale
105
104
Sale
Sale
92
22%

110 %
115
32%
13%

Sale
118
Sale
Sale

1 10 % Jan . 30 1 19 % Jan .

80
36%
100
80
25%
47%
90
20%
4%

84
Sale
103
84
Sale
Sale
Sale
Sale
Sale

24
49
88
21
85

32%
13%
16
81%
33%
101
80
23%
47
89
16%
4%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan .
Jan.
J an .
Jan.
Jan.
Jan .
Jan.
Jan.
Jan .
Jan .
Jan.

100 %
107%
1 33 %
47%
29%
99%

33%
14%
18%
82
38
103

Jan.
Jan .
Jan.
Jan .
Jan.
Jan .

Jan .
Jan .
Jan .
Jan.
Jan.
Jan .
Jan.
Jan.
5 2 % Jan.
9 2 % Jan .
25
Jan .
4 % Jan.

June 3
N ov. 4
M a y 17
June 8
D ec. 7
D e c . 28
21
26
13
13
21
17

15
27
21
17
25 46
25 68 %
28 25
31 109%
4 106%
7 47%
1? 29
27 1 7%
23 3 2 %
2 > 40
14 12%

M ay
S e p t.
A ug.
A ug.
D ec.
D ec.
M a r.
J u ly
D ec.
A p r.
D ec.
D ec.
O c t.
D ec.
S e p t.
D ec.
A p r.
O c t.
S e p t.
D ec.
O c t.
Ju n e
S e p t.
S e p t.
O c t.
Ju n e
Ju n e
F eb.
D ec.
D ec.
A ug.
O c t.
N ov.
N ov.
S ept.
M a r.

15
1
29
11
13
13
31
20
8
25
14
2
20
11
13
4
13
21
9
11
5
1
18
20
21
9
6
28
18
30
29
19
27
23
14
30

N ov.
Jan.
D e c.
Jan.
Jan.
M ay
Jan.
Jan.
N ov.
N ov.
Jan.
F eb.
D e c.
Jan.
Jan
N ov.
M ay
July
D ec.
D ec.

14%
62
4%
9%
28
95
168%
104
16%
66%
42%
110 %
14%
91%
19
69%
68
92%
21
92

A p r.
D ec.
June
M ar.
O c t.
O c t.
O c t.
N ov.
A p r.
A p r.
O c t.
D ec.
A p r.
S ept.
J une
M ay
N ov.
D ec.
D ec.
D ec.

17
6
2
25
5
9
9
3
11
18
3
6
27
15
3
4
1
15
7
14

48%
40%
3
61
7%
90%
104 %
2%

Jan .
F eb .
D e c.
D ec.
N ov.
Jan.
N ov.
D e c.

100% D e c .

59%
31 %
41
7 3%
88%
28%
8
18%
3%
32
39
55
90%
85
14%
74
65%
105 %
63
91
24%
36

Jan.
Jan.
N ov.
O ct.
Jan .
Jan.
July
J u ly
D ec.
S ept.
N ov.
N ov.
F eb .
M a r.
F eb.
O ct.
A p r.
A p r.
Jan .
F eb.
Jan.
M a r.

66
104 %
105 %
29%
26%
94
1
94
106
19%
1 2%
8%
49
24
55
50%
21
43%
74
12%

Jan.
S ept.
Jan.
J u ly
N ov.
July
M a r.
Jan.
A p r.
Jan.
N ov.
Jan.
Jan.
Jan.
Jan.
F eb.
N ov.
N ov.
F eb.
N ov.

70

M ay

10

45%
76%
110
25%
19%
12%
34
*525
108
21 %
304
270
126
39%
66%

102

4%

68 %
105
1 29 %
117
19%
84%
41%
51%

95%
12%
80
17
101%
104%
1 3%
99

D ec.
Jan .
M a r.
A p r.
N ov.
N ov.
M ay

7
7
24
25
12
25
20
24

S e p t. 15

4 5 % S ep t. 21
4 5 % S e p t. 16

3
105% J an .
N o v . 27
97
5 9 % June 7
2 4 % A p r. 25
A p r . 15
49
12
J a n . 13
J an .
3
71
5 9 % D e c . 28
7 2 % S e p t .13
1 00% S e p t .13
7
9 7 % O c t.
D e c . 29
41
9 6 % O c t. 18
O ct. 18
120
112% O ct. 16
9 5 % S ept. 13
S ept. 12
106
S ept. 12
51
Sept. 12
49

80%
42
105
80%
38%
78%
95%
50%

N ov.
S ept.
S ept.
June
Jan .
A p r.
A p r.
S ept.
O c t.
S ept.
M ay
A p r.
D e c.
M ar.
D ec.
D ec.
M ay
M ay
M ay
June

20
14
12
9
3
25
10
13
26
7
31
15
15
1*
6
6
18
29
31
8

90

N ov.

8

100
108
139%
53%
38%

102%
2 1-16
126%

120
36%
19

21

5

J a n u a ry

Par
R eyn old s(R .T )T ob C l B .2 5
7% p referred ________ 100
R oyal D u tch C o N Y stis.
St Joseph L ea d __________10
Santa C ecilia S u ga r.n o par
Savage Arm s C o r p ____ 100
Saxon M o to r C a r ___no par
Sears R o e b u ck & C o ___100
P r e fe r r e d ____________ 100
Seneca C op p er C orp no par
S hattuck A rizona C o p p .1 0
Shell T ra n sp ort & T r a d .£2
Shell U nion O il_________
P r e fe r r e d ____________
Sim m s P etroleu m ______
S ln clalrC onO ilC orp no p a r
P r e fe r r e d _______________
S kelly Oil C o ____________ 10
Sloss-Sheffield S t’l A 1 . 100
S loss-S heffield, p r e f l . . .
So P orto R ico S u ga r___100
P r e fe r r e d ____________ 100
S p a ld in g ________________
1st p r e fe r r e d _________
S picer M fg C o ______no par
P r e fe r r e d ......................100
Standard M illin g ..........100
P r e fe r r e d ____________ 100
Standard Oil o f C a lif___25
Standard Oil o f N J ____ 25
P r e fe r r e d ____________ 100
Steel & T u b e o f A m p f . 10U
S terling P rod u cts___no par
R i g h t s __________________
Stern B ros pref ( 8 % ) . . 100
Stew ard W arn C o r p .n o par
Strom berg C arbu ret no par

12 Months
1922.

S h a res.

S h ares.

In

138,000
925
87,200
9.300
1.700
7,600
50,500
100
15.100
3,900
5.900
103.400
3,500
12,000
206,100
7,200
217,500
13,100
1,800
’ 900
600
200
50,600
2,000
3,400
500
223,400
386.692
16,700
85,000
14,000
62.100
1,500
50,400
20,400

138,800
Studebaker C orp (T h e) 100
1,500
P r e fe r r e d ...................... 100
97,600
Subm ar B oat C o r p .n o par
7,100
Superior O i l ..............no par
3.400
Superior S teel__________100
1st p r e fe r r e d ............100
24,400
Sweets C o o f A m e r ic a ..l u
51,100
T en n C o p & C hem no par
150,200
T exa s C om p a n y ( T h e ) . .2 5
86.000
T exa s G u lf S u lp h u r..........10
45,300
T e x P a cific C oal A O i l . . 10
6
T exa s P ac Land T r u s t. 100
7,600
T id ew a ter O il.................. 100
235.100,
T im k en R oll B ea r_.n o pa
58,405
T o b a c c o P rod C o r p ..IO C
P referred .......................100
7,200
T o b a c c o P rod u cts(n ew ) 100
T e m p ctfs Class A ___100
32,805
T ra n scon Oil c t f s ___no par
102,500
T ransue & VVms S t’ l no par
300
U nderw ood T yp ew riter 100
400
P referred ................. __100
U nion B ag & P aper new 100
1,100
U nion O il________________ no par 4,400
U nion T a n k C a r _______100
2,200
P r e fe r r e d ____________ 100
1,400
U nited A llo y S t e e l..n o p a
800
U nited C iga r S tores___100
P r e fe r r e d ____________ 100
100
U nited D r u g ___________ 100
7,500
1st p referred __________50
600
U nited F ru it___________ 100
12.010
U nited P ap erboard C o . 100
500
U nited R eta il Stores no par
92.500
U S C ast Iron P ip e & F 100
31,100
P r e fe r r e d ____________ 100
3,300
U S E xpress____________ 100
200
U S F ood P rod u cts____100
5.800
U S H offm a n M a ch no p a r
28.900
U S Indus A lc o h o l____ 100
84,600
P r e fe r r e d ...................... 100
1,100
U S R ealty & I m p r o v t.1 0 0
44.600
Preferred ctfs w i _____
10 400
U S R u b b e r ____________ 100
169,200
1st preferred ________ 100
10,800
U S Sm elt R efg & M g . . 5 0
3,700
P r e fe r r e d _____________ 50
2.200
U nited States S teel____ 100
551,600
P r e fe r r e d ____________ 100
14,660
U S T o b a c c o ____________ no p a r 1,800
P r e fe r r e d ____________ 100
900
U tah C o p p e r____________ 10
25,450
U tah Securities v t c ___100
7.500
V an adium C o r p ____ no par
57,100
V an R a a lte _______________
12,800
1st p re f______________ 100
300
V a-C a rolin a C h em ica l. 100
6,100
P r e fe r r e d ____________ 100
4,200
C lass B _______________
600
V a Iron C oa l & C o k e ._ 1 0 0
P r e fe r r e d ____________ 100
V iv a u d o u (V ), I n c .n o par
V u lca n D e tin n in g _________
W eb er & H eilbron er no par
W ells, F a rgo E x p r e s s .. 100
W est E le c 7 % cu m pref 100
W estern U nion T e le g _ .1 0 0
W estinghouse A ir B rake 50
W e st’gh E & M fg assent 50
1st p referred __________50
W h ite E agle O il & R no par
W h ite M o t o r ____________ 50
W h ite O il C o r p _____ no par
W ickw ire-S p en cer S t e e l ..5
W illy s-O v erla n d _________25
N ew p referred _______100
W ilson & C o n c v t c no par
P r e fe r r e d ____________ 100
W oolw orth (F W ) _____ 100
P r e fe r r e d ____________ 100
W o rth ’t ’n P & M v t c .1 0 0
Preferred A v t c ____ 100
Preferred B v t c ____ 100
W right A e ro n a u tic.n o par
Y ou n g stow n Sheet & T u b e

900
200
66,900
327
6,700
5,300
5,700
10,300
7,850
33,800
500
24,600
44,900
15,000
8,200
83,500
34,200
6,800
300
20,300
800
5,700
900
2,000
1,700

755,020
14,438
1,643,650
123.210
130,200
65,335
221 900
835,200
7,639
483,850
52,300
113,875
36,951
23,400
5,727.250
29,800
467.000
152,000

Jan. 3
1922.

45,300
9,050
385,515

Jan.

Bid.

50 % Sale
1254 1354
2 54 Sale
12 54 Sale

Jan

2.
A sk.

Bid.

134

8 6 H Sale
10734 112
8 34 Sale

2 1 J i Sale

35
Sale
9834 Sale

35

39 34 42
64
73
42
Sale
90
95

85 34
110
754
8 34
38 34 Sale
3434
14
1234 Sale
92
9234 9134
1234

83
100
4 34
6 54
2634

Sale
Sale
85 5s

118
87
Sale
Sale
Sale
79

104
2034
93
87
93
12134
4234
11734
85
6134

18
17
3
10
15
25
31
31
2
5
6
2
2
10

104
19
90
8534
95
54 34
39 34
11634
85
60 34
134
10934
7934
6234

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan.
Jan .

Jan . 16 119
Jan.
4 11234
Jan .
3
954
554
Jan. 26
3 31
Jan.

115
Sale
89 34 Sale
6534 Sale

Sale
103
Sale
Sale
Sale

119
110
734
5
29 34

114 34
112
9 34
4 34
29 34
94
234
1134
4734
6934
22 34
280
126
3634
51 '4
104 34

Sale
113
Sale
Sale
Sale
109
Sale
Sale
Sale
Sale
Sale
310
128
Sale
Sale
10634

11234
112
7
434
2934

7834
1134
3134
140
115
64
34
8034
ill
33
129
114
80
4634
158
1634
67
Sale
29
Sale
69
Sale
634
7 34
434
Sale
23
Sale
64 34
Sale
9634
100
90
Sale

Sale
Sale
33 34
160
120
66
34
8134
112
34
195
122
Sale
4 6 '4
169 34
Sale
Sale
Sale
Sale
734
Sale
Sale
Sale
9834
Sale

78 34
10 34
3 3 34
136

Jan. 31 84 34
Jan.
9 14 34
5 33 34
Jan.
Jan.
3 140

4
Jan .
5
Jan .
Jan .
5
Jan. 13

6334
34
82
108 34
3334

Jan. 16 67
4
34
Jan .
Jan. 20 85
Jan.
3 112
5 34
Jan.

J an .
2
3
Jan.
J3iFl. 3
Jan . 19
2
Jan.

116
78
4734
1 52 14
I 634
67
29
69
7
334
1834
6234
98

8
24
4
17
27
31
31
25
11
39
26
22
2
24
2
10
2
22
30
31
31
12
24
18
26
2
31
8
27
25
4

Sale
Sale
Sale
Sale
390
Sale

40
Sale
86J4 92
61
Sale

76 34
29 34
72 34
6 34
4 34
21
68 34
9634
89

54 34
100
36
4 3 34
84 34
11434

Sale
56 34
Sale
99
Sale
37 34
4 5 34 47 34
Sale
107 34
Sale
122
52
109
63 34 Safe
6534
11
Sale
1734
3134 Sale
35 34
62
95
2834 Sale
24 34
70
Sale
6334
1634
90

6J4 Sale

160,566 1134 Sale
75.000 68
6934
79,820
131,615 90
92
52,000 93
96
705,187 5034 Sale
7,000 65
67
198,900
245,250 39
Sale
486,000 1034 Sale
361,130 1534 Sale
782,080
534 Sale
194,450 2 7 34 Sale
142,420 28 34 Sale
5,550 68
70
99,095 140
Sale
9,900
164,850 45 34 Sale
5,510 82
88
17,800 60
68
62,900
834 Sale

Sale
116
Sale
Sale
39
100
Sale
Sale
S a'e
Sale
Sale
350
Sale
Sale
Sale
Sale
57 34
S a 'e “
Sale
35
137
120
Sale
34
Sale
110
Sale
195
122
Sale
48
Sale

Sale
Sale
38 34
48 34
Sale
Sale
57
112
Sale
Sale
Sale
64
98
Sale
Sale
18

Sale
9134
Sale
Sale
Sale
Sale
11334
Sale
Sale
Sale
Sale
Sale
43
Sale
89
Sale

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
8834 Jan.

55
Jan.
99
Jan.
35
Jan.
Sale
46
Jan.
Sale
Jan.
Sale 104
Jan.
Sale 119
65
57
Jan.
110 34 Jan.
112
Sale
6234 Jan.
Sale
1534 Jan.
Sale
34 34 Jan.
59 34 Jan.
Sale
99
9 5 34 Jan.
2334 Jan.
Sale
Sale
61 34 Jan.
1634 1634 Jan.

5734 Sale

35 34
45 34
104 34
11934
63
110
63
16 34
35 34
5834
95
24
6234
1434

54
Sale
80
85
1534 Sale
1234
! 8734
11234
11134
11134
6034
11234
2734
49
334
1034
634
42
37
80
220
124
3234
..
_____
834

2
Jan .
1034 Jan.
47 34 Jan .
5834 Jan.
20
Jan.
390
Jan .
129
Jan.
33 34 Jan .
50 34 Jan.
106 34 Jan.

10134 Sale

82
Sale

79
17

12
9334
11334
112
10834
6 2 34
11334
27
5134
3 34
1134
734
45 34
37
86
208

12534

Sale
85
6834
--------

31'
65
79

'

/ F u ll p a id ,

116
8254
47 34
16 3 34
16 34
7854
32 54
72 54
734
5
25
68 34
98 34
9534

Jan .
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan .
Jan .
Jan.
Jan.

62
Jan.
105
Jan.
4034 Jan .
48 34 Jan.
108 54 Jan.
12334 Jan.
65
Jan.
11034 Jan.
66 34 Jan.
1734 Jan.
39 34 Jan .
64
Jan .
98
Jan .
25 54 Jan .
63 34 Jan .
1634 Jan .
55
80
18

.Tan.
Jan.
Jan .
26
J an .
Jan.
Jan.
Jan .
Jan .
Jan .
Jan.
Jan .
Jan.
Jan .
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
.Tan.
Jan .

8
11
6
25
27
5
4
3
10
2
27
5
11
12
2
15
13
9
3
4
15
26
24
3
26
4
3
25
3
2
4
4
29
23

Highest.
Sale
63 54
11854
67
2054
6 54
24 54
554
94 54
112
2354

Prices.
N o v . 21
O c t. 19
June 3
S ept. 25
M a r. 21
A p r. 1
June 2
A u g . 14
A u g . 22
J an . 3
12
June 2
4854 M a y 3
1354 D e c . 26
9654 S e p t. 8

3854 Ju n e 9
102
O c t.
7
11 54 O c t.
4
5454 M a y 12
57 54 M a r .
98
N ov.
104
N ov.
10354 D e c .
24
June
96
S ept.
141
S ept.
96
S ep t.
135
O c t.
25054 O c t.
120
N ov.
90
M ay
63 54 D e c .
2 54 D e c .
109
D ec.
79
D ec.
71
D ec.

3
3
10
14
5
16
15
14
4
10
18
25
5
29
15
30
27

Jan .
5 14154 D e c .
F e b . 17 118 54 N o v .
Jan . 31
8 54 N o v .
N o v . 27 1054 J une
Jau
3 39 54 A p r.
95 54 June
5
M a r.
154 N o v . 25
854 N o v . 16 1254 M a y
42
M a r. 27 5254 O c t.
38 *4 Jan
4 67 54 N o v .
1854 N o v . 22 3254 June
300
D e c . 5 420
M a r.
O c t.
10954 M a r. 17 154
O c t.
28 54 S ept. 30 35
4954 N o v . 17 8454 June
88
M a r. 2 115
S ep t.
54 54 Ju ly 28 5754 Ju ly
7 6 54 A ug. 2 89 54 S ep t.
754 M a r. 3 20 54 M a y
32
N o v . 21 4554 A p r.
125
F eb . 23 14554 O c t.
10754 Jan. 12 130
J an .
55
M a r. 25 78
S ept.
June
54 D e c . 27 25
85
D e c . 30 13454 D e c .
102
F e b . 9 113
S ep t.
25
Jau. 11 4154 M a y
120
N o v . 6 185
O c t.
x l0 4 5 4 F e b . 28 12054 N o v .
O c t.
6054 M a r. 3 85
41 54 F eb. 18 5154 O c t.
O c t.
11954 Jan .
4 162
14
N o v . 10 20 54 A u g .
4354 F eb . 28 8754 O c t.
A ug.
1654 Jan. 13 39
50
Jan. 11 78
A ug.
8
A ug.
5
F eb. 1
254 F e b . 8 1054 Jan .
1854 N o v . 15 2554 M a y
37
Jan.
6 7254 O c t.
O ct.
72 54 D e c . 29 102
56
Jan
3 9254 O c t.
10254 D e c .
10054 D e c . 19
46
N o v . 25 67 54 A p r.
91
S ep t. 14 107
Ju ly
33
F e b . 27 4854 O c t.
A ug.
4254 F e b . 8 49
82
Jan .
6 11154 O c t.
123
S ept.
11354 F eb. 3
45 54 M a y 24 63 54 S e p t.
109
D e c . 27 11554 A u g .
59
N o v . 27 71 54 S ept.
9 54 Jan. 18 2354 S ep t.
3054 Jan. 10 53M A u g .
57 54 O c t. 26 6 7 54 N o v .
92
Jan. 17 100
O c t.
2354 N o v . 23 3 6 54 M a r.
O ct.
58
J u ly 28 183
14
N o v . 21 25 54 A u g .

27
3
23
7
7
26
14
19
10
6
3
20
6
16
26
8
17
13
22

Jan .
3 7954
J an . 23 100
Jan. 26
354
Jan.
6
4
Jan. 18 26

2
2 34 Jan. 12
2 1234 J an .
5
49
Jan.
2
17
J an . 15
10 65
Jan . 31
24 23
3 390
Jan .
3
2 133
Jan . 12
2 38 54 Jan . 20
17 58 34 Jan.
2
24 106 54 Jan. 24

53
J3>n. 31
80
Jan. 27
1534 Jan. 17
26
1234 1234 Jan. 27
91
Jan.
5
Sale
2
11334 11234 Jan .
109
Jan. 22
113
107
Jan. 20
HO
58 34 Jan. 11
Sale
Jan. 12
11334 72
Sale
24 J4 Jan. 16
48J4 Jan.
3
Sale
3
Jan . 24
Sale
2
1034 Jan.
Sale
2
6 34 Jan.
Sale
4234 Jan.
2
Sale
36
Jan. 10
39
86
Jan . 17
90
ScilG 19934 Jan. 24
9
12434 Jan.
34
30 34 Jan. 30
84
67
6634 Jan . 23
9
834 Jan. 17
7834 Jan. 25

5334 Sale

a Less than 100 shares. 5 E x-righ ts, e E x -d iv. an d righ ts, t 1st p a id .
during the m onth prior to this d ate. > E x -d iv ld en d .




47
Jan . 10
Sale
11634 11434 Jan. 19
4234 Jan. 31
Sale
2
18
Jan.
Sale
2
Jan. 17
Sale
3
18>4 Jan .
Sale
134
Sale
8334 Jan. 17
11134 11034 Jan. 26
Sale
734 Jan. 17
8 j/g J 3/11. 2
9
Sale
34 34 Jan. 31
8
Sale
1234 Jan.
Sale
9134 Jan. 31
Sale
25
1234 Jan.
31 34 Jan. 19
Sale
Sale
97 34 Jan. 31
934 Jan.
2
Sale
42
Jan.
3
Sale
80
68
Jan. 13
13
Sale
40
Jan.
95
92 34 Jan . 10

104
105
22
Sale
Sale
90 34 Sale
Sale
Sale
8634 87 34
96
95 34 94
55 34 Sale
Sale
39 34 Sale
Sale
Sale 11634 Sale
Sale
Sale 104
6134 Sale
Sale

Lowest.

Prices.
Sale Prices.
M a r. 27
5554 Jan. 30 43
11634 Jan . 30 111 54 A p r. 11
5334 Jan . 15 4754 Jan. 31
4 1254 Jan .
9
18J4 Jan .
5
254 Jan .
154 Jan. 10
A u g . 25
2334 Jan . 27 10
154 F e b . 23
5 5954 F e b . 1
90
Jan.
Jan .
5
11034 Jan. 26 91
4
6
O ct. 13
834 Jan.
934 Jan . 13
654 N o v . 2
2 34 54 D e c. 6
38 54 Jan.
1434 Jan. 31 1254 D e c. 22
93 34 Jan. 12 90
D e c . 20
13 34 Jan. 25
2 1854 Jan. 10
3534 Jan .
4 9754 S ept. 8
99
Jan.
12
Jan. 13
854 N o v . 23
19 34J4 M a r. 7
5054 Jan.
79
Jan. 19
4254 Jan . 25 33
N o v . 17
94
J an . 12 3054 D e c . 18
104
N o v . 10
105
Jan .
4 10254 D e c . 14
N o v . 27
22 54 Jan . 27 15
A pr. 28
9634 Jan . 31 84
9034 Jan . 23 84 54 D e c . 27
9534 Jan . 19 8354 Jan. 11
2 9154 Jan . 10
123 34 Jan .
4 3 34 Jan. 12 3854 D e c. 28
4 11354 Jan.
7
11734 Jan .
M a r. 10
10734 Jan . 12 68
64
Jan. 11 45 54 M ay 4
254 Jan . 15
1 54 D e c . 21
115 " Jan .
5 81
Jan,
3
9134 Jan . 30 2454 Jan .
5
69
J an .
2 3554 Jan*
5
S a le

10934 Sale
80
Sale
69
Sale

5 2 34 Sale
17
Sale
51
55
634
634
1034 Sale

85

32
9734
11
47
72
41
85

Highest.

S a le P r i c e s .

Sale
Sale
Sale

2
1034
49
6134
21J4
285
121
3334
6334 Sale
5734
107
8834 Sale
57
84 34
14 3|
1034 Sale
33
Sale
3 2 34
116
130
135
104
11334 11234
7034 Sale
67
1834 Sale
34
94
98
8534
103
Sale
108
2 5 )4 Sale
33 34
130
160
130
104 34 Sale
115
72
Sale
81
45
le
4634
12334 Sale
155

1034
4534
4034
2634
290
134

Lowest.

31.
A sk

48
Sale
54 34
____ 117
116
4334
5234 Sale
18
Sale
1834
2J4
234
2 34
2134
1834 20

Sale
Sale
Sale
Sale
Sale

64 54
93
23 54
854
3854

34,489 4934
3,250 75
100
200
292,700
5,180
12,265 112
3.780 81
1,764,110 9834
1,335,620 179
170.111 114
22,020 77
135,300
14.200
8,800 81
289.400 25
324,100 37
8,591,450
33,315
521.120
406.100
62,550
400
249.500
309,600
3.113.067
1.063,131
1,267.894
2.314
52,030
439.200
1,050.300
32,900
19.900
559.500
2,166,300
27,300
2,485
2,207
87.800
940.100
19,800
23.365
108,070
1,300
4.525
143,400
18,650
155,000
6,000
1,987,500
463,785
58,650
8,000
401,450
51,400
1,380,335
16.950
495,700
800
1,304.900
88,915
87,580
12,300
8,030.410
151,060
5,300
1,100
647,400
212,800
1,378,100
22,700
6,487
158,200
69,269
6,025

R A N G E FOR Y E A R 1922.

PRICES I N D E C E M B E R .

SA LE S.

STOCKS
Y S T O C K E X C H ’ GE

31

STOCKS—STOCK EXCHANGE RECORD

F eb., 1923.]

4

7
14
12
3
18
8
3
28
6
5
6
18
14
27
29
29
10
3
27
16
18
10
30
17
11
4
10
16
19
11
28
5
20
30
9
7
13
18
18

43
M a r. 27 9454 J an . 18
66
M a r. 13 86
O ct. 31
D e c . 29
654 Jan.
6 16

A p r. 24
4 1054 O c t. 19 17
4 9854 O ct. 18
9 66 54 Jan.
A u g . 14 11354 D e c . 27
22 107
F e b . 8 12154 A u g . 29
26 89
M a r. 16 114
D e c . 19
2 80
6234
31 49 54 Jan.
4 6554 A u g . 22
A ug. 7
75
5 6254 S ept. 26 75
2
554 O ct. 25 3354 N o v . 24
27 34
6 54
S ept. 12
29 3554 Jan.
5 3 34
2
254 D e c . 27 12
M ay 5
354
11
854 N o v . 15 2154 M a y 12
1154
5
M a r. 29
4 54 F e b . 17 10
834
F e b . 17 49 54 J u ly 19
5 24
4834
22 27 54 Jan.
39
4 5054 S ept. 15
Jan, 10 91
S ept. 7
87
3 66
Jan .
6 223
N o v . 20
5 137
224 34
125 M
30 11754 A n r. 6 125 54 N o v . s,3
3434
3 2654 N o v . 28 5554 JuneJ 2
83
M a r. 31 95
A p r . 24
N o v . 27 89
O ct.
4
4 63
68
Jan.
6
Jan . 27 11
A u g . 22
834 Jan. 26
26
1234
9554
11434
11354
11134

g 3d p a id , h E x -s to ck d ivid e n d ,

i Q u oted e x -d lv ld e n d

G eneral Q uotations
OF

B O N D S A N D STO C K S
1. In th e follow in g th irty-th ree pages of tables q u otation s are giv e n fo r all the m ore Im portan t securities liste d o n a n y S to ck E x ch a n g e In the
U nited States; also fo r leading un listed and Inactive securities.
2. Q u otations from all S tock E xchanges are as near as possible fo r th e closing day o f the month preceding the date o f issu e. A s th e N ew Y o r k
S tock E xch an ge began w ith Jan . 2 1909 to q u ote all b o n d prices “ and in te re st,” w e h a ve a d o p te d th e sam e m eth od and no lon g er e m p lo y a d esig­
nating m ark to Indicate the fa ct excep t where there is a d e v ia tio n fro m this rule. T h e reader w ill u n d erstand , th erefore, that unless th e le tte r “T”
Is p refixed to the p rice, he m ust p ay accrued interest in addition to th e p rice . T h is , h o w e ve r, does n o t a p p ly to in com e b on d s o r b o n d s In d e fa u lt,
in w h ich cases the p rice Includes the Interest, should there b e a n y.
3. T h e letter “ / ” prefixed to b o n d prices denotes that the q u o ta tio n Is a fla t p rice — that is, th a t th e a ccru ed interest form s p a rt o f th e p rice ,
and therefore the purchaser does not h ave to p rov id e fo r it separately in m ak in g p a ym en t. A s alrea dy sta ted in the case o f in com e Donds and bonds
in d efa u lt, the p rice is alw ays “ fla t ,” and no designatin g m ark is e m p lo y e d to in d ica te th e fa ct.
4 . S tock prices m arked thus (d) are per share. A ll others are per cent excep t ban k s to ck p rice s , w h ich are q u o te d per share unless otherw ise s ta te d .
5. It should b e b orn e In m in d In the use o f these tables that the q u otation s fo r m an y in a ctive and un listed securities are m erely nom in a l, b u t In
all cases the figures are ob ta in ed from sources w h ich are con sid ered reliable.
6. T h e follow in g a bb rev iation s are often used , v iz .; “ M ” fo r m ortga ge, “ g ” fo r g o ld , “ g u ” fo r gu aran teed , “ e n d ” fo r en d orsed , “ co n s ” fo r co n ­
solid a ted , “ c o n v ” fo r co n v e rtib le , “ s f ” fo r sinking fu n d , “ 1 g ” fo r la n d gran t, “ o p ” fo r op tio n a l.
7. T h e b la ck -fa ced ty p e In th e letters show ing th e interest period indicates the month w hen the b on d s m ature.
NOTICE.— All bond prices are “ and interest” except where marked “ f” and income and defaulted bonds.
B onds
R A IL R O A D B O N D S
Bonds o f com panies consol’d are
often under the consolidated name.
A d iron d a ck — See D el & H udson
A k ron & B arb B elt g 4s ’ 4 2 . J& D
A la G t South 1st 5s D e c ’ 2 7 . J&J
G en M 5s D e c 1 1927 £ _ .J & D
1st con s g 5s 1943 Ser A ..J & D
B elt R y o f C h a tt 5s 1945. J&J
A la M id la n d — SeeAtl C oast Line
A labam a N Orl T & P June—
“ A ” deb 5s g ’ 40 red ’ 1 0 .M & N
“ B ” d e b g 5 s ’ 4 0 r e d ’ 10_M & N
“ C ” deb g 5s N o v 1 1940 A&O
A labam a Tennessee & N orthern
P rior lien 6s 1 9 4 8 . ___
.J & J
G en in com e 6s O ct 1948.
A lb a n y & Susq— See D el & H u d
A llegheny V alley— See Penn R R
A lleg & W est— See B u ff R & P
A llen tow n Term s 4s 1919
E xt at 6 % to 1929________J&J
A lton B ridge— See St C M & S tL
A nn A rb or 1st g 4s 1995-Q -J
E q tr 6s Jan 15 ’ 2 4-’ 35.J & J 1 5
A roostook N orthern— See Bango
A roostook Valltey— See C anadia
A sheville & S partanburg— S U &
C ol 1st M g gu 4s 1995- J&J
A tch & E a s t’n B r— 4s 1928 J&J
A tchison T op ek a & Santa Fe—
G en m tge gold 4s 1995. A & O
A d ju stm en t 4s J u ly 1 ’ 9 5 -N o v
S ta m p e d ___- - . _M & N
C o n v g 4 s o f’ 0 9 d u e’ 5 5 o p t J& D
C o n v g 4s of 1905 d u e ’ 55J& D
C o n v g 4 s 1960 ________ J& D
T ra n s S L 1st g 4s 1958- J&J
C al-A riz 1st & rf4 % s ’ 62op M&S
Series B ____ E O kla D iv 1st g 4s ’ 2 8 - M&S
H u tch & So 1st g 5s 1 9 2 8 -J&J
R o ck y M t D iv 4s 1965_ J&J
San Fran & San J oaqu in V al—
1st g 5s O ct 1 1940. - .A & O
Santa Fe P rescott & P hoen ix
1st g 5s 1942________M & S
A tlanta Birin & A tla n tic—

Bid.

83J^
96
83
94%
90

A sk.

87
08%

95

If 90
If 83
If 75

95
87
80

75
19

85
24

100
65
64 %
b 6.30 5 .6 5 %
r & A ro ostook
n Pac
70

75

86
7 7%
80%
81%
■80%
100
86
91%
If 92
94 %
90
81

____
8 1%
105
8 8%
92%
97
95 %

1 01 %

101%

99

101%

88%

84

81%

82%

15
20
30
A tl & B irm 1st g 5s 1 9 3 4 .J & J
34
A tla n ta & C hari A L— See South ern R y
A tl K n ox & C in — See L ou & Nas hville
A tlanta K n o x v & N or— See L ou isv & N ashv
A tla n tic & D a n — See South R R
A tlan tic C ity — See R eading C o
A tlan tic C oast Line C o o f C on n —
C erts In d eb t 5s irredeem J& D / 92
95
C erts In d eb t 4s 1925____ J&J / 96
98
A tla n tic C oast Line R R —
8 7%
1st con s 4s July 1 1952 M & S • 8 7 %
8 0%
C o lt r g 4 s O c t 1 ’ 5 2 o p M & N
80%
79
82
C on v deb 4s ’ 39 o p ’ 16 M & N
86%
87
G en unif Ser A 4 % s ’ 64 J& D
106%
107%
7 % n o te s M a y 15’ 30 M&N 15
E q 6 % s Feb. ’ 36 (y r )-F & A b 5.30 5 .0 5 %
E q 6s Jan 15 ’ 24~’ 35.J & J 1 5 b 5.60 5 .3 5 %
99%
A la M id — 1st g u g 5s ’ 28 M & N
101
A tla n tic C oast Line o f SC—
G en 1st g 4s J u l y '48 J&J
88
85
106
N E o f S C 6s 1 9 3 3 .-J& J
88 %
B ru n & W est 1st 4s '3 8 - J&J
n o y8
C har & S a v g e n 7 s ’ 36 -J& J
84
F la So 1st g gu 4s '4 5 - J&J
97
100
N o r & C ar 5s 1 9 3 9 -.-A & O
98%
P e t’b ’g— Class A 5s g ’ 26 J&J
99%
102
Class B 6s g 1 9 2 6 .-A & O
105
87
R ich & Peters 4 % s '4 0 A&O
106%
Sav Fla & W 1st g 6s ’ 34 A&O
1st M g 5s 1934____ A&O
99%
99
W il & W ei gen g 5s ’ 3 5 .J&J
89
G en m tge g 4s 1935 .J& J
A tla n tic & Y a d k in — See Souther n R y
A ugu sta South— See South R y
A u g T erm — See Chari & W C ar
A ustin & N orth w ’ n— See So Pac
B alt C hes & A tlan— See Pa R R
96
B alt & C u m b Val R R 6s '2 9 -J & J
96
E x 1st M 6s Ju ly 1 9 3 1 .. J&J
B alt & Harrisb— See W est M d
B altim ore & O hio—
94%
9 4%
P rior lien 3 % s g 1925------ J&J
77%
1st M 4s g Ju ly 1 1 9 4 8 ..A & O
78
78 %
C o n v 4 % s 1933 red 1923 M&S
79
R e f & gen 5s 1995 Ser A . .J & D
8i y 2 8 1%
10-yr 6s July 1929______ J&J
101
100>3
5%
E q tr 5s 1923-37 ( y r ) . . . F & A b 5.25
E q tr 6s ’ 24-’ 35 (y r )..J & J 1 5 b 5.70 5 .3 0 %
P i t t J c & M d i v 3 % s g ’ 2 5M & N
91 %
P ittsb L ake E rie & W V a—
74 %
R efu n d gold 4s 1941 ..M & N
7 5%
92
S W d iv 1st g 3 % s 1 9 2 5 ..J & J
91 Vs
C entral O hio—
02%
R eor 1st c o n g 4 % s ’ 30 M & S
—

bB
asis.



Bid.

B onds

B altim ore & O hio ( Concluded) —
96%
O hio R iv R R — 1st g 5s ’ 36 J& D
92%
G en go ld 5s 1 9 3 7 . ___A&O
96%
Sch R iv East Side 4s ’ 25 J& D
Staten Isl R y 4 % s 1 94 3 .J & D
71%
63%
T o l & C in D iv 4s 1 9 5 9 ..J& J
W V a & P itts 1st 4s g ’ 90 A&O
78
B an gor & A roo sto o k —
92
1st M 5s g Jan 1 1943 .
J&J
76
C on s refund g 4s 1951
J&J
83
M ed fo rd E xt 5s 1937. __ M&N
88
Piscat D iv g 5s Jan ’43 A& O
87
St Johns R iv E xt gu 5s ’ 39 . F& A
88
V an B ur E x 5s g J a n ’ 43 A&O
87
W ashburn E xt 1st 5s ’ 39 F& A
86
A roosto o k N or 5s g 1947. A & O
N or M aine Seaport 5s ’ 35 A&O n 88
B attle C r’k & Stur— See M ich C
Beech C reek— See N Y C & H R iv
Bellingham B ay & British C ol—
83
1st g 5s D e c 1 1932_____ J& D
Bell & C aron— See Illinois C ent
Belt R R & Stk Y d s (In d ’p ’ lis)—
73
1st ref g 4s 1939________M&N
Belt R y o f C hat— See A la G r So
B elvidere D el— See Pennsylvani a
B ennington & R u tl’d — See R ut land
Big Sandy R y — See Ches & Ohio
15
Birm ingham & S E 6s 1961. M&N
80
Birm T erm 1st g 4s ’ 57 gu M&S
Bolivia R y 1st 5s 1927____ J&J
B oonville St Louis & Southern—
70
1st M 5s 1951
..
.F & A
98%
B oston & A lb a n y 5s O ct ’ 6 3 .J&J
5s June 1942____________ J& D
98%
98%
5s Ju ly 1 1938___________ J&J
93%
4 % s July 1937__________ J&J
90%
4s M a y 1 1933 gu N Y C . M&N
90%
4s M a y 1 1934 gu N Y C . M&N
4s M a y 1 ’ 35 gu N Y C ___M&N
90%
76
3 % s Jan 1 1951____ __ ..J & J
76
R e f 3 % s 1952 gu N Y C ..A & O
82
B ost & L ow ell 4 % s F eb ’ 3 3 .J&J
4s A pril 1932___________ A&O
80
B oston & M aine— 4 % s g ’ 44 J&J
68
8 5%
4 % s A pril 1 1929_______A&O
86%
4s Sept 1 1926__________ M & S
75
4s F eb 1 1937____________F&A
4s A u g 1942_____________ F& A
68
50
3s Ju ly 1950_____________J&J
92
1st & ref M 6s Ser C 1 9 2 9 .J&J
92
Series D 6s 1929 ____ J&J
Series F 6s 1930______ J& D
91
92
Series G 6s 1929___
J&J
Series H 6s 1930_____ M & N
91
Series I 7s 1931________ J&J
99
Series J 7s 1 9 3 1 ___ A & O
99
E qu ip 5 % s 1923-1927 ..F & A
65
P orts G t F & C o n 4 % s '3 7 . J& D
B os & N Y A L— See N Y N H & H
B oston R e v B & L 4 % s ’ 2 7 .J&J
90
Burns & W — See A tl C oast Line
9 2%
B u ffa lo C reek 1st 53 1941 .J& J
B uffalo R ochester & Pittsburgh
G eneral 5s g 1937____ .M & S
101%
C on g 4 % s 1957. . __M&N
90%
E qu ip 6s Ser K 1923-33. F&A b 5.30
E qu ip g 4 % s Ser F 1927. A&O b 5 %
E qu ip 4s Ser G 1929____ A& O b 5 %
A1 & W est 4s g guar 1998 A & O
8 3%
C lear & M 1st 5s g gu '43 _J&J
97%
Buffalo & Southw est— See Erie
Buff & Susquehanna R R C orp—
1st 4s D e c 30 1963_____ J&J
77%
iurl C ed R a p & N o— S eeC R I& P
iu tteA n a con d a& P a c5 s’4 4 . F&A
90
96
alifornia N W 5s 1928 g u .A & O
95
lam & C lear— 1st 5s g ’ 4 1 . .J & J
G en M g 4s 1955________F&A
81
am bria & Indiana—
1st M gold 5s 1936____ M&N
95
G en m tge 6s 194 4 ________F& A
101
Janada Sou 5s 1962 ser A .A & O
99%
Canadian N ational R y s—
5s 1925 w i ___________________
99%
E q tr 7s M a y 1 1935____ M&N
110
Canadian N orthern—
1st co n deb 4s 1 93 0 gu _J & D 3 0 I f 88
113%
S F deb 7s 1940_________ J&D
S F d e b 6 % s 1946...............J&J
111
6 % co ll notes 1924_____ F & A
100%
E qu ip 4 % s various ._ _____ b
6%
E q tr 6s J ’ ly ’ 23-J an’ 29SerB J&J b
6%
M a n ito b a S E 1st 4s £ '29 F&A
W innipeg T erm g 4s ’ 39 g . J& J
79
C anadian P acific—
C ons deben 4s p e rp e tu a l. .J & J If 80
6 % notes M a r 2 1 9 2 4 ..M & S 2
101

/ T p in d a edinterest.
his rice clu es ccru

k

L sale.
ast

I

In L don.
on

A sk.
98
96
97%
6 5%
79%
95
79
92
92
92
92
90
92%
90

78

25
83
75

72
86%
87%

95
95
94
95
94

98
90%
5%
4 .5 0 %
4 .5 0 %
86

78%
92

103
99%
99%
110%
92
114
111%
100%
5 .5 0 %
5 .5 0 %
85
83
101%

B onds

Bid.

C anadian P a cific (Concluded) — \
E q tr 4 % s 1 9 2 3 -1 9 2 8 ...J & J 6 5.35
E q tr 6 sA p r l9 2 3 -3 2 (s .a .)A & 0 b 5.35
79
A r o o s to o k Val 4 % s 1 9 2 9 .F & A
N ew B runsw 1st g 5s ’ 3 4 .F & A
91
C ons d eb 4s p e rp e tu a l.J & J If 77
O nt& Q ue d eb gu 5s perp J & D If 96
C arb & Shaw— See Illin ois C ent
C arolina C en t— See Seab A ir L
91%
C aro C lin ch & O hio 5s ’ 3 8 .J & J
96%
1st con s 6s 1952 Ser A J& D 15
6.10
E q u ip 5s 1923-1927____ A& O b
E q tr 6s 1924-’ 3 3 (y r ). J&J 15 b 6.25
C arolina & Y a d k in R iv e r—
5
1st s f 5s 1962____________J& D
C arth age & A d iron — See N Y C
86
C ataw issa con s g 4s 1 9 4 8 ..A&O
C entral A rgen tine R y L td —
95%
C o n v g 6 % notes 1927 .. F & A
C ent A rk & E ast— See St U S W
C ent B ranch R y — See M o P a c
C entral o f G eorgia—
1 01 %
1st M g 5s N o v 1 1 9 4 5 ..F & A
96
C ons go ld 5s 1945_______M & N
99%
10-yr 6 % sec gold b d s ’ 29J& D
E q 4 % s J u ly 23 Jan ’ 2 6 .J & J b 5.60
73%
C hat D iv gold 4s 1951 .. J & D
93
M a co n & N o r g 5s 1946 .J & J
91%
M id G a & A tl 1st 59 1947. J&J
94
M o b ile D iv g 5s 194 6 . . J&J
90
O conee D iv 1st g 5s 1945 J& D
94
C ent R R & B kg 5s 1937 M&N
86
C h a tta h ooch ee & G 5s ’ 30 J&J
87
C hat R & South g 5 s ’ 4 7 . J&J
90
E a to n to n Br 5s g 1926. J& D
99
O cean S S C o ext 7s ’ 3 0 . J&J
C ent Indiana— See Cl C in C h & StL ouls
C ent of N ew E n g— See N Y N H & H a rtf
C entral o f N ew Jersey—
104 %
G en M (now 1st) g 5s ’ 87 J&J
E q tr 6s Jan 15 ’ 2 4-’ 35_ J&J15 b 5 .5 0 %
A m er D o c k & Im pt 5s 1921,
106 %
E xt at 6 % to 1936____ J&J
Leh & W B C oal co n g 4s,
1925, 1930, 1935_____ J& D b 5 % %
88%
N Y & L B r gen 4s 1 9 4 1 .M & S
General go ld 5s 1941. .M & S
Central O h io— See B alt & Ohio
C entral P a cific— See So P a cific
C entral V erm on t R y —
86%
R e f M 5s 1930 guar ..M & N
Charls & L— See A tl C oast L—
92%
C hari & W C ar 1st 5s ’ 4 6 . A&O
99
A u g T erm 1st gu g 6s ’47 A&O
C hateaugay R y — See D el & H
C ha tta h ooch ee & G u lf— See Cen t o f G a
C hatt R o m e & Sou— See C ent of G a R y
78
C h a tta n oog a Sta 4s ’ 57 gu__J& J
C hesapeake & O h io—
100 %
1st con s g 5s 1 9 3 9 . . ___M&N
84%
G eneral 4 % s gold 1992. M&S
86%
C o n v g 4 % s 1930 o p ’ 15. F&A
95
G en fun d & im pt 5s 1929. J&J
95
C o n v g 5s 1946 . ______A&O
bb . < Uu
’ £ /o
E q tr 4 % Ju ly 15’ 23-’ 26 J&J15
E q tr 4 % s M a y ’ 23-’ 2 7 .M & N 6 5 .3 0 %
6 5 .3 0 %
E q tr 4 % s June ’ 23-’ 26__J& D
E q tr 5 % s ’ 2 3-’ 47 (y r )_ .J & D 6 5 .3 0 %
E q tr 6s ’ 23-’ 25 (yr)_J& J 1 5 6 5 .7 0 %
E q 6 % s 1924-’ 35 (ann)_J& D 6 5 .3 5 %
93%
C raig V alley 1st 5s g ’ 4 0 . .J & J
78
P o tts C reek 4s 1 9 4 6 .. J&J
80
R & A D iv 1st co n g 4s ’ 89J& J
76
2d co n g 4s 1 9 8 9 . . ___ J&J
93%
W arm SpW al 1st 5s g ’ 41 M&S
78%
C oal R iv R y 1st 4s gu ’ 45 J & D
78
E le v a to r C o g 4s gu ’ 3 8 . . A& O
8 2%
B ig S an dy R y 1st g 4s ’ 44 J& D
83%
G reenb R y 1st g g u 4s’ 40M & N
80
R aleigh &" S W 1st 4s '3 6 . J&J
82%
W e stP o cC o rp ls t 4 % s ’ 45 F & A
C hesapeake & O h io N orthern—
1st M 5s 1945 guar ___A&O
94
C h e ste r!’ d & Lane 1st 5s ’ 55F & A
35
C h ic & A lto n 1st 3 % s 1950 J&J
26
R R refu nding g 3s 1949. .A & O
51
N Y T r C o ctfs of d e p ____
E q u ip trust 6s Jan 15 ’ 24-’ 35
(y e a r).......................... .J & J 15 6 6 .5 0 %
C h ica go B urlington & Q u in cy—
G en M 4s 1958__________ M&S
87
1st & ref g 5s 1971 Ser A . F&A
99
E q tr 6s Jan 15 ’ 24-’ 3 5 .J & J 1 5 6 5.60
80%
Illin ois D iv 3 % s ’ 49 o p ’ 29 J&J
4s J u ly 1 1949________J&J
88
N ebraska E x t 4s 1 9 2 7 ..M&N
96%
C B & Q jo in t 4s— See N o r P a c
C h ic & E ast 111 (new c o ) —
G e n M 5s M a y 1951
M&N
78%
C h ica go & E astern Illinois—
1st con sol 6s gold 1 9 3 4 ..A & O / 105
E q 5 % s M c h ’ 23-Sept’ 25 M & S b
6%
13
C h & I C R y — 1st 5s '3 6 . J&J

r N inal.
» om

s S le p
a rice.

[

Ask.

5 .0 5 %
5 .0 5 %
83
80
100
91%
96%
5 .5 0 %
5 .5 0 %
10
89
96%

97
100
5 .2 5 %

100
96%

101

105 %
5 .2 5 %

5%

87%
97%

82
102
84%
87%
95%
95%
5%
5%
5%
5 .1 0 %
5 .1 0 %
5 .1 0 %
95
84
83
79%
85
84
85

96%
45
26%
52
6%
87%
100
5 .2 5 %
81%
88%
97
79
1 06 %
5 .5 0 %

33

RAILROAD BONDS

F eb ., 1923.]

N O T IC E .— All b on d prices are “ an d in te re st” except w here m arked “ f ” an d incom e an d d e fa u lte d bonds.
Bonds

Bid.

Ask.

Bonds

Bid.

Ask.

C ln L eb & N o r— See P enn sylvan ia R R
52
C h ic G t W est— 1st 4s 1959 M & S
5126
86
C ine & M u sk V al 4s 1 9 4 8 ..F & A
102
100
C h ic H am & W est 1st 6s '27 J&J
76
C in cin N o rth 1st g 4s 1951 .J & J
7926
C h ic & I C R y — See C h ic & E 111
Cin San & C le v — -See C C C & S tL
C h ica go Indiana & Southern R y
C lea rfield & J eff— See Pa & N W
86
84
C on m tge g 4s 1956 g u a r.J & J
C learf & M a h o n — See B R & P
86
84 26
In d 111 & la 1st g 4s 1 9 5 0 .J&J
C levelan d A kron & C olu m b u s—
C h ica go Indianap & Louisville—
99
98
G eneral gold 5s 1927____ M&S
104?6
R e f M g 6s 1947 Ser A ..J & J
10726
83
87
1st con s guar g 48 1 9 4 0 ..F & A
R e f M g 5s 1947 Ser B ..J & J
9526
9626
83
U n g u a r a n t e e d .................
80 26
R e f M g 4s 1947 Ser C ..J & J
8151
1st & gen 5s 1966______ M&N
8226 C lev C in e C h ic & St L ouis—
80
G eneral 4s go ld 1993____ J& D
7826
lst& gen 6s M a y ’ 66 S erB .J & J
9626
9526
10026
9926
G en M 5s Ser B 1993____ J&J
5.60
E q 4268 A ug ’ 23 (s -a )___F & A
9226
9426
D e b gold 4 263 19 3 1 .......... J&J
5.70 5 .3 5 ? !
E q tr 6s ’ 24-’ 35 (y r )._ J & J 1 5
74
R e f & im p 6s 1929 Ser A . .J& J
10126
10126
Ind ianap & Lou 1st 4s ’ 56 J&J
7726
62
65
10126
R e f & im p M 6s ’ 41 ser C .J & J
M o n o n C oa l gu 5s ’ 36 o p J& D
5 .1 5 %
E q u ip tr 5s 1 9 2 3 -1 9 2 9 ...J & J 65.35
C h I & S tL ShL— See C C C & S tL
5 .1 5 %
E q u ip tr 6s 1923-’ 2 7 (y r ).J & D 65.35
C h ica go Lake Shore & E astern—
88
8426
C airo D iv 1st g 4s 1939___J&J
98
1st M 4263 1969 o p 1 9 1 9 .J & D
8826
78
74
C W & M D iv 1st 4s g ’ 91 .J& J
77
7726
C h ic M em p & G u lf 5s 1940J&J
79
S tL D Iv 1st c o l tr g4 s’ 90 M & N
7826
C h ic M ilw & P uget Sound—
8326
6426
64
S p r& C o lD lv 4s 1st g ’ 4 0 . M & S
1st M g 4s 1949 gu a r.J & J -Q -J
W h ite W V D iv 1st 4s ’ 40 J&J
8026
C h ica go M ilw aukee & St Paul—
73
70
C en t Ind R y gu 4s 1953. M&N
74
G en g 4s A M a y 1 1 9 8 9 ..J&J
7226
60
C h ic In d & St L Sh Line R y —
G en & ref 4 269 Jan 2 01 4 . A& O
59M
75
80
1st gold guar 4s 1953. .A & O
C o n v 53 Jan 2014 Ser B .F & A
6726
6726
85
64
C I S L& C 1st 4 s g A ug ’ 36Q -F
G en g 3269 B M a y 1 1989.J& J
6426
82
C lnSan& C lev co n g 5s’ 28 J&J
9826
G en 426s M a y '89 Ser C ..J & J
8226
58
C le v C olu m C in & Indianap
D e b gold 4s July 1 1 9 3 4 ..J&J
5726
106 26
65
G e n c o n s g o ld 6s 1 9 3 4 ..J&J
10826
C o n v deb 4263 ’ 32 op ’ 2 2 . J& D
6526
I d B lm & W ext 4s 1940. A&O
78
77
8526
G o ld bon d s 4s 1925 o p ’ 22 J& D
E uropean loan 4s 1 9 2 5 ..J & D
O In d & W g 5s A pr 1938.Q -J
9026
75
P eor & E ast con s 4s ’ 4 0 . A&O
7526
E q tr 6s 1924 3 5 ______J&J15 b 5~85 5 .5 0 %
27
97
2826
C h & M o R iv 1st 5s 1926.J& J
2d con s Inc 4s 1 9 9 0 ..A pr 1
bT26
10026
9626
F a rgo & So g 6s ass’ d ’ 2 4 . J&J
C levelan d Lorain & W heeling .
9826
98
90
M il & N or 6s ext at 4 26’ 34 J& D
C on s now 1st g 5s 1 9 3 3 ..A & O
9626
9226
95
92
C on s 6s ’ 13 ext at 426 to
S tam ped su b ject to ca ll____
92
1 9 3 4 .............................J& D
C on refg g 4 263 1930 red -J & J
9026
80
T a co m a East 1st 5s 1923. J&J
C lev & M a h o n Val— See E rie R R
C h & N o M — See Pere M a rq
C lev & M a rietta — See Penn R R
C h ica go & N orth W estern—
C levelan d & Pitts— See P enn C o
G en M 3 2 6 sg 1987..........M & N
C lev Short Line— See L S & M S
G en M gold 4s 1 98 7 ____ M & N
C levelan d Term inal & V alley—
78
S tpd n on -pa y Fed I n c T a x
1st 4s gold guar 1 9 9 5 .. . M & N
7926
G en M 5s 1987 stp Inc tax M & N
C levelan d U nion T erm inals
104
Sink fun d d eb 5s 1 9 3 3 ..M&N
10326
l s t s f 5263 1972 Series A . A&O
Sinking fun d 6s 1929___A & O
C oal & Iron R y — See W estern M aryland
5s 1929______
A& O
C oal R iv e r R y — See Ches & O
94
E x ten bon d s 4s 1926. _F& A 15
9226
C o lo & Sou 1st g 4s 1929___F&A
10-yr 7s June 1 1930____ J& D
84 26
8426
R e f M g 4 263 M a y 1 '3 5 . M&N
15-yr 626s M ar 1936____ M&S
E q tr 6s 1924-35 (y e a r ). J&J15 6 5.70 5 .4 0 %
E q t r 6s Jan 1 5 ’ 2 4-’ 3 5 .J & J 15
F t W orth & D C 6s ’ 2 f —
E q tr 6 /6 s 1925-36 Ser J . M&S
10326
10226
E xt at 5 2 6 % to 1 9 6 1 ..J & D
E q tr 6^6s 1925-36 Ser K A&O b
C o lo Sou N O & Pac— See St L & S F
B oy er V al 1st g 326s '2 3 .J & D
C o lo Spr & C rip p le C rk D R y —
25
10
D es Plaines Val 4 26s ’ 4 7 . M&S
1st gold s f 5s 1930_______J&J
10
3
F rem E lk & M o \^6s ’ 33 A& O
C ent T r C o ctfs of d e p ____
3
l a M inn & N W ls t3 269’ 35 J&J
1st con s 5s O ct 1942____ A&O
M a n itow G B & N W 3 26s’ 41J&J
7626
C ol C on n ec & T e r— See N or& W
M ilw Lake Shore & W est—
C ol H ock V al& T — See H ock Val
82
74
101
M ich D iv 1st 6s 1 9 2 4 .J&J
C on n & Pass— 1st g 4s '4 3 - A&O
60
A sh land D iv 1st g 6 s ' 25 M&S
10126
N ew p & R ich f lst5 s ’ 41 gu J&J
100
65
E x t & im p 8 f g 5s '2 9 . F&A
C on n R iv er— G o ld 4 s ’ 4 3 . . M & S
M ilS p a rta & N W ls t 4 s ’ 47M &S
8726
8826 C onnecting R y (Phlla) —
89
91
86
7526
M il& S ta teL ln elst3 2 6 9 ’ 41 J&J
1st M gu 4s M a r 15’ 51 M&S15
M in n & la 1st g 3>6s '2 4 . J& D
9726
C onuellsv & M on ongahela R y —
92
88
95 26
P eoria & N W 3 26s 1926. M&S
1st s f gold 4s 1930 o p t ..M & S
85
P rin & N orth w 3 26s 1 9 2 6 .J&J
9526
8526
C u b a R R — 1st g 5s 1952___J&J
St L P eo & N W 5s 1948.J& J
10226
10326
10426
1st 1 & ref g 726s’ 36 SerA J& D
10226
92
74
76
St Paul East G r T r4 26s’ 47J&J
96
Im p & equip 5s 1960___M&N
Sioux C ity & P ac 3 26s’ 36 F & A
8426
Current R iv — See K C Ft S & M
C h ica go Peoria & St Louis—
D allas & W a c o — See M o K & T
P rior lien g 426s 19 3 0 . . M&S
D aw s R y & C ’l— See E l P aso & S outhw estern
C ertificates o f d ep osit_____
D a y to n & M ich — See C H & D
77
C h ic R o ck Isl & Pac Railway—
D el & B ou n d Br 326s ’ 5 5 . .F & A
G eneral gold 4s 1988____ J&J
8026
D elaw are & H udson—
93
94
79
R ef g 4s 1934 o p to 1911 .A & O
C on v 5s 1935____________ A& O
5.70
E q t r 6s J a n l5 1 9 2 4 -3 5 .J&J15
86 26
8726
1st & ref gold 4s 1943___ M&N
105
E q 5s Ser H 1923_________ J&J b 5.40
11026
7 % sec g b o n d s 1930____ J& D
E q 426s M a y ’ 23-25 .. .M & N b 5.40
10026
10026
15-yr g 5263 M a y 1 ’ 3 7 . M&N
5.40
5 .2 0 %
E q 4 26s J u ly ’ 23-July’ 27.J & J
E q tr 6s Jan 15 ’ 24-’ 35 J&J15 65.50
93
B url C edar R apids & N orth —
A d lron d 1st 4 263 '42 gu M&S
C o n lst& coll tr 5s g '3 4 A & O
9726
9926
A lb a n y & Susq 326s gold 1946
M & S tL 1st gu g 7s ’ 27 J& D
8226
(con v before 1916) g u . A&O
8126
C h octa w O klahom a & G u lf—
B lu ff Point Land Im pt C o —
74
C on sol gold 5s 1 9 5 2 ..M&N
99
79
9626
1st M tg guar 4s 1 9 4 0 ..J&J
97
C h o c & M em p h 5s 1 9 4 9 ..J&J
99
C hateaugay Ore & Iron—
66
75
P eoria R y T er 4s’ 37 gu op J&J
70
G uar gold 4s 1942______J&J
78
R I A r & La 4 26s 1 9 3 4 ..M&S
Rensselaer & Saratoga—
7826
R o c k Isl & Peoria 6s 1925 J&J
9326
6 % g bds M a y 1 ’ 4 1 . . M&N
10926
78
79"
100
95
St P & K C Sh L 4 26s '41 F& A
U tica C lin & Bing 5s '3 9 .J & J
92
K e o & D es M — 1st 5s ’ 2 3 A & 0
9026
Delaw are L ack & W estern—
C h ic St L & N O — See 111 C ent
M orris & Essex 3 26s2000 J& D
7726
7626
C h ic St L & Pitts— See Penn C o
N Y Lack & W estern—
C h ic St Paul M ia n & Om aha—
2d 5s g ’ d con s 1923___ F & A
9926
C ons 6s June 1 1930____ J& D
106
T erm & Im p 4s gd '2 3 M&N
10726
9926
9926
C on s 6s red to 326s 1930. J & D
8926
98
Osw & S yrac gu 5s ' 2 3 . . M& N
D e b g old 5s M ar 1 1 9 3 0 .M&S
9426
9626
W arren 1st refg 3 26s 2000F& A
7326
S ta m p ed ___________________
____
D en ver & R io G ran de—
E q 6s 1924-35 (ann) ..J & J 1 5 b 5.75 5 .4 0 %
1st co n g 4s 1936_________ J&J
7426
7426
E q tr 7s 1924-31 Ser B ___J&J b 5.70 5 .2 5 %
1st co n g 426s 1936______ J&J
7826
7826
N o rth W isconsin— 6s ’ 3 0 . J&J
10426
83
35
Im prov*t gold 5s 1 9 2 8 ..J & D
Super Sh L 5s June 1930. M&S
9526
80
1st & ref g 5s 1955 o p . . . F & A / 7926
C h ica g o Term inal Transfer—
Bankers T rust c tf dep stpd
C h ic & G t W 5s g 1936 J& D
60
48
assented as to Feb ’ 22 Int
C h ic Terre H aute & Southeast—
50
60
Farm L & T r re cts_________
1st & ref g 5s D ec 1 ’ 6 0 o p J& D
7726
78
50
B ankers T r C o ctfs o f d e n .
5426
In co m e M D ec 1 1960________ / 62
65
52
54
A d j Inc 7s cu m 1932 op .A & O
S ou Indiana 1st g 4 s ’ 5 1 . F& A
6926
R io G r June 1st gu 5s ’ 39 J& D
7026
8426
C h ica go U nion S tation—
R io G r So 1st g 43 ’ 4 0 ___J&J
1026
1st g o ld 426s 1963............ .J & J
91
9126
1st g 4s guar 1940____ J&J
1 2 26
1st M 5s 1963 Ser B ____ J&J
9926
76
R io G r W est 1st 4s ’ 3 9 . . J&J 1 74
10026
1st M 626s Ser C 1 9 6 3 ...J & J
11426
64
67
1st con s g 4s 1949 o p . . A&O
11426
C h ica go & W estern Indiana—
86
U tah Fuel 1st 5s 1931. M&S'
90
G en gold 6s D ec 1 1 9 3 2 ..Q -M
105
inn & 8 t Louie
D es M oines & F tD o d g e — See M i
C on sol g guar 4s 1952____ J&J
7226
7326 D es Plaines Val R y — See C h ic & N W
Sink fu n a 7 263 Sept 1 '35 M & S
1 01 %
10226 D et G r R ap & W est— See P ereM
C h ic & W est M ich — See Pere M
D etroit & M a ck in a c—
C h o c O k & G u lf— See C R I & P
P rior lien gold 4s 1 9 9 5 ..J& D
80
7526
C in cin H a m ilton & D a y ton —
M ortg ag e gold 4s 1 9 9 5 ..J& D
76
6326
87
G eneral 5s gold 1942____ J& D
D etroit R iv T u n — See M ich C en
2d m tge gold 4 26s 1 9 3 7 ..J&J
91
D etroit & T o le d o Shore Line—
D a y to n & M ich 1st 5s 1911
80
82
1st gold guar 4s 1953____ J&J
E xt at 4 2 6 % t o ’ 3 1 op ’ 17J&J
9126
D u l & Ir R an ge— 1st 5s ’ 37 A&O
100
9926
C I St L & C — See C C C & S tL —
C in Indianapolis & W estern—
1st M .g 5s N o v i 1 9 6 5 .. M & N
7426
7626

$ Basis.

/ This price Includes accrued Interest,




k Last sale.

I In London,

a Nominal.

Bon d s.

Bid.

Ask.

D u lu th M lssabe & N orth ern —
99
1st con s g 6 s Jan 1 1 9 2 3 ..J & J
98
9Ik
G e n g sf 5s Jan 1 1941___ J&J
D u lu th South S hore & A tla n tic
80
75
1st go ld 5s 1937_________ J&J
D u tch ess C o — See C ent N ew E ng
E ast T e n n V a & G a — See So R y
E astern M in n — See St P M & M
100
9926
E lgin J ol & East 5s 1 9 4 1 ..M&N
E lm ira & W illia m sp ort—
86
89
1st 6 s ’ 1 0 ext at 4 % 1950. J&J
95
In co m e 5s 286 2 _________ A&O
o & Sou thweat
E l P aso & R o c k Isld — See E l Pas
E l P aso & S outhw estern C o —
N ew M e x ico R y & C o a l C o—
87
90
1st co l tr g 5s O ct 1 ’ 47 A& O
83
87
lst& co n & co ll tr g 5 s.5 1 A & 0
92
D a w son R & C oal 5s’ 51J&J
84
88
E lP a s& R I l s t g g u 5s’ 51J&J
88
E rie— N Y & E ls t 4 s e x t g ’ 47 M&N
9926
4 26s 3d ext gold 1923___M&S
9126
5s 4th ext gold 1930___A & O
89
4s 5th ext gold 1928____ J & D
10426
7s 1st co n ’ 20 ext to ’ 3 0 . M & S
55
P rior lien gold 4s 1 9 9 6 ...J & J
45
G en lien gold 4s 1996____ J&J
45
C o n v g o ld 4s 1953 Ser A . A&O
45
Series B 1953_________ A&O
4526
Series D 1953..................A&O
6.20
E q t r 6 s 1924-35 (y e a r).J & J 1 5
6%
E q g 6 s Ser F F ’ 23-’ 28__M & N
6%
E q 4 26sB B A ug’ 23-24(s.a)F & A
8126
P enn c o ll g 4s F eb 1 ’ 5 1 . . F&A
B u ffa lo & Southw estern—
9226
9726
1st g 6s’ 08 ext to 1 928.J& J
90
2d g 5s ’ 08 ext to 1 9 2 8 .J&J
9926
10026
J e ff R R 5 s e x t a t 5 2 6 to ’ 2 9 .A & 0
C h ic & A tl T erm 5s 1918
80
ext to July 1928_______J&J
87
92
C h & E rie 5s 1 st g 1982. M&N
952
9326
C le v e & M ah V al g 5s ’ 3 8 . J&J
88
882
E rie & Jersey s f 6 s 1955.J& J
86
Genesee R iv er 6 s 1957___J&J
110
104J6
L on g D o c k 6 s co n g 1935 A&O
95
90
N ew b & N Y 1st 5s 1929. J&J
N J & N Y 1st 6 s 1910—
80
E x t at 5 % to 1 9 5 0 . . . M&N
82
N Y & G r L ake gu g 5s’46 M&N
N Y L E & W D & I 1st 6 s ’ 13
9726
E xten d ed at 5 % to ’ 4 3 .J&J
91
9126
N Y P a & O p 1 426s ’ 3 5 .M & S
N Y Susq & W estern—
53
58
1st refunding 5s 1 9 3 7 ._J& J
45
41
2d m tg e 426s 1937____ F&A
45
4026
G e n m tg e 5s g 1940___F& A
90
8426
T erm 1 st g 5s 1943___M&N
M d la n d o f N J 1st 6 s . 1910
97
lext at 5 % to 1 9 4 0 ..A&O
59
5426
W ilkes& E 1st g 5s’ 4 2 .J & D
E rie & Jersey— See E rie R R
E rie & P ittsb — See Penn R R —
E u rop ea n & N A — See M a in e C entral
E va n sv In d ia n a p & T erre H aute
102
10026
1 st m tg e 7s 1950_______M&N
E va n sville & T erre H a u te—
1st gen 5s gold 1942____ A&O
40
60
R efu n d M 5s Ju ly 1 9 4 1 ..J & J
75
85
M t V ernon 1st 6 s g 1923. A&O
Sul C o B r 1st g 5s 1 9 3 0 ..A&O
F argo & So— See C h ic M & St P
8226
F itch b u rg— 5s Jan 1 1 9 3 4 ..J & J
8726
426a ref 1928____________ M&N
80
426s Jan 1 9 3 3 ............
J&J
93
4s refunding 1925_______M&N
8826
4s refunding M a r 1 9 2 7 .. M&S
8826
4s refunding 1927_______A&O
8626
4s Jan 1928_______________J&J
100
T r o y & B oston— 7s 1924. J&J
Flint & P ereM arq— S eeP ereM ar
F lo C en & P en— See Seab A ir L
8526
8726
Florida E ast C oast 4 2 6 3 ’ 5 9 J& D
F lorida S outh— See A tl C oast L
60
F lorida W est Shore 5s 1934. J&J
F on d a Joh n stow n & G lo v e rs—
70
7226
1st con s re f’ g g 4 26s 1 9 4 7 .J&J
62
G en re f’g gold 4s 1950___J&J
70
7 l’ “
l i t co n ref 4 26» ’ 52 o p t .M & N
F ort D o d g e D es M oin es & S o u —
77
80
1st 5s 1938______
J& D
15
25
F tSm lth& W est 1st g 4s’ 5 4 .A & 0
7726
F ort St U n D e p tD e t 4 2 6 9 ’ 4 1 J&J
F t W o rth & D n C — See C o l & S
90
8426
F t W orth & R io G r 4s 1 9 2 8 .J& J
Fre E lk & M o R iv — See C & N W
G a lv H ar & San A n— See So P ac
G a lv H ou ston & H end erson—
8526
8726
1st M 5s, 1933...................A&O
G a lveston T erm inal R y —
100
10126
1st 6 s M a r 1938__________M&S
Genesse R iv e r— See E rie R R
75
G en & W y o 1st g 5s 1929. A&O
G eor & A labam a— See Seab A L
G eorgia C ar & N — See Seab A L
10
G a & Fla 1st g 5s 1 9 5 6 ..M & N
G e o r M id la n d — See S ou th ’ n R y
G eorgia R R & B an king—
108
110
R e f 6 s O ct 1 1951_______A & O
83
4s Jan 1 1947____________ J&J
9026
G a S ou & F la 1 st g 5s 1945J&J
93
G e tty sb u rg & H ar 5s gu ’ 2 6 A & 0
G ila V al G lo b e & N o r— See Sou P acific
G r R a p B el & Sag— See P ereM ar
G ran d R a p & In a — See P e n n R R
G ran d T ru n k P a cific—
6326
63 26
1 st M 3s 1962.............
J&J
6826
Prairie S ection 4s 1 9 5 5 ..A & O
6926
6926
6826
M o u n ta in Sec 4s 1955___A&O
7126
L ake Sup D iv 4s 1 9 5 5 ..A&O
G ran d T ru n k R y o f C an ada—
11326
Sink fu n d g d eb 7s '4 0 . .A & O
10326
D e b g 63 Sept 1 1936___M & S
105
106
E q tr 6 2 6 9 19 3 6 (Ser F ).F & A
$675
G ran d T ru n k W est 4s £ '5 0 .J&J ti$630
7626
74?6
1 st g gu 4s $ J u ly 1 1 9 5 0 .J&J

« Sale!price,

/ ------

iim

u Per £200.

[V ol. 116.

KAILROAD BONDS

34

N O T IC E .— All bond prices are “ and Interest” except where m arked “ f ” and Income an d d efau lted b on d s.
B on d s.

Bid

G reat N orth ern —
108%
G en M 7s 1936 Ser A ____ J&J
90%
1st & ref g 4 % s ’ 61 op '4 1 . J&J
100%
G en M 5 % s 1952 Ser B ..J & J
E q t r 6s Jan 1 5 ’ 24-’ 3 5 .J & J 1 5 5 5 .6 0 %
C B & Q join t b on d s— See N or P ac
G reat N orthern R y o f C anada—
8 0%
C o n 4s 1934 o p t to 1914. A & O
61
G reen B a y & W est d ebt ctfs A . .
10%
D e b ctfs B ____________________
G reenbrier R y — See Chesapeake & O hio
G reenw ich & J ohnsonville—
80
1st gold 4s 1924_________ J&J
G u lf & Ship Island R R —
80%
1st ref & term g 5s F e b ’ 52 J&J
G u lf Term inal of M ob ile—
78
1st m tg e g 4s 1957 g u ____ J&J
H a rtford & C on n W estern—
75
1st ext g 4 % s J u ly 1 192 3 -J&J
H aw kinsv & F lorida Southern—
....
1st M 5s A pril 1952____ A&O
H enderson B r— See L ou & N ash
H ock in g V alley R y —
85
1st con s gold 4 % s 1 9 9 9 --J& J
100%
b5 .6 0 %
7 9%
C ol & H V E x t 4s 1948.
7 9%
a RR
H ou sa ton ic— See N Y N H & H
90%
H ou ston B elt & T erm 5s’ 37_ J& J
a cific
a cific
H u d son & M anh attan—
82%
/ 63
96%
H u n tin gd on & B road T o p —
1st g4s Sept 30 1920
E x t at 7 % to 1925— A<5
2d m tge 4s gold 1925____ FJ
C on s 5s g M a r 31 1925- -AA

90
80
_____

90%
80%
7 8%
60%
If 84
If 76
83
80%
79
85%

T r bds £

Jt 1st r e f M ( I C & C S L &
N O) 5s 1963 Ser A ..J & D
94%
G o ld 5 % s Jan 1 9 3 4 ____ J&J
101%
G old 6 % s July 1 1 9 3 6 ..J & J
109%
E q tr 4 % s July ’ 23-’ 2 6 --J & J 6 5 .2 5 %
E q t r 4 % s 1 9 2 3 -1 9 3 7 .-- A&O 6 5 .2 5 %
E q 5s M a y ’ 2 3 -N o v '2 7 -M & N 6 5 .2 5 %
E q tr 6s ’ 24-’ 35 (y e a r).J & J 15 6 5 .6 0 %
E qu ip 6 % s 1 9 2 6 -1 9 3 6 .-M & S 6 5 .2 5 %
E qu ip 7s 1925-1935____ A & O 6 5 .2 5 %
C airo B ridge 4s g 1950. _J&D
72
L itch D lv 1st g 3s 1 9 5 1 ..J & J
76
L ou isv D iv 3 % s g 1 9 5 3 .-J& J
68%
O m aha D iv 1st 3s g 1951. F& A
75 %
St Louis D lv 3 % s g 1951.J& J
71
St Louis D lv 3s g 1951___ J&J
73 %
S p g’field D iv E xt 3 % s ’ 51 J&J
83
W estern lines g 4s 1 9 5 1 .-F & A
C h ica go St Louis & N O—
99%
C o n g 5s June 1 5 ’ 51 J & D 15
73% ;
C o n g 3 % s J ’ n e l5 ’ M J & D 15
E q 5s Jne ’ 2 3 -D e c ’ 24 J& D 6 5 .4 0 %
81
M em D iv 1st 4s g 1151.J& D
St Louis A lto n & T er H aute—
100
B ellev & C a 1 1st 6s 23 J& D
86 %
St L S outh 1 g 4s 31 M&S
l
C arb & S h a w ^ t g 4 s 12 M&S \ 8 7 %
In d B1 & W n - S e «C C < ’•fc S 1 L 1
Sou
Indiana 111 & l a -- S e e C aic I n i
In d & L ou isv— S-«e Ch I )d & L
Indianapolis U n 4 % s ’2t . IM&N i
98
G en & ref g 5s 1965 Sei 4 . J&J
Series B ___________ ____
j
In te rb o ro -M e t 1See Str> et & E j
In ter R a p T ra n /
R y S euriti a j
International & G t N o; them —
5 % notes A u g 1 191 4 ___F & A / . . . .
55
G u aran ty T r C o ctfs o f dep
C o l R iv B ridge 7s ’ 2 0 . _ M&N
Internat & G reat N orth R y —
97
1st M g 6s 1952 Ser A w i.J & J
46%
A d j M 6s 1952 Ser A w i.J & J
In tern a t R y s (C entral A m erica)
1st M 5s 1972 o p t ______ M&N If 60
Iow a C entral— See M in n & St L
l a M in n & N W — See C & N W
83
Jack son v T er 1st 5s gu ’ 39.J & J
Jam estow n Frank & C learfield—
85
1st g 4s 1959 gu a r______ J& D
Jefferson— See Erie
J op lin U nion S tation—
89
1st g 4 % s 1940 guar o p . M&N
K al A 1& G R — See L S & M S
K anaw & M ich — See T o l & O C
Kansas C ity C lin ton & Sp—
7 6%
1st 5s gold 1925 g u a r___A & O
K an C ity F t S cott & M em phis—
7 7%
R e fd g g 4s 1936 g u a r___ A & O
102%
C ons 6s 1928____________ M&N
96%
C urrent R lv 1st 5s 1 9 2 7 .A & O
87
K C M em & B ir 4s 1934. M&S
84
In co m e 5s M a r 1934 Sept 1
85
A ss en ted ____________M&S
K a n C ity & M em R y & B
92
1st 5s gold 1929_______ A & O
K ansas C ity M ex ico & O rient—
ls tg o ld 4s 1951 (u n dep )_F & A
1
6 % notes 1916 c t fs ______A&O
K an C ity & P a c— See M K & T

b Basis.

Ask.

Bid.

A s i.
68
8 5%
5%
5 .3 5 %
81%
101
104
70
75
84

95

86

8 5%

5 .3 0 %
124
101
99%
80%
90
4.9 0 %
103
87%

101%

9 4%

__

This price includes accrued interest,




Bonds.

K a n C ity S outhern—
67%
109
1st gold 3s 1950_________ A&O
85
R e f & lm p ’t 5s A p r 1 ’ 50.J & J
91%
100%
5.50
E q tT 5s 1923-24_____ J& D 15
5 .3 0 %
E q tr 6s 1924-35 (y r )..J & J 1 5 6 5.70
K ansas C ity T erm inal R y —
8 0%
1st g 4s 1960 o p 1930____ J&J
82%
100%
6 % n otes N o v 15 ’ 2 3 .M & N 15
103
70
6 % % g notes 1931_____ J&J
11% K ansas O klahom a & G u lf R y —
50
Series A 6s 1937_________ J&J
K en tu ck y C entral— See L & N
—
K en tu ck y & Indiana T erm R R
71
1st M 4 % s 1961 (sterling)J& J
83%
82
S ta m p e d ___________________
K eok u k & D es M — See C R I & P
81
K n o x v & O hio— See S ou th ’ n R y
Lake E rie & W estern—
94
1st gold 5s Jan 1 1 9 3 7 ...J & J
84%
2d g 5s J u ly 1 1941______ J&J
60
79
N o O h io 1st gu 5s g ’ 4 5 .A & 0
Lake Sh & M ich So— See N Y C & B R
Lehigh & L ake Erie— See Lehigh V alley
86
Lehigh & N ew E ngland
100 %
100%
1st M g 5s 1945__________ J&J
5 .2 5 %
99%
G en M g 5s 1954________ J&J
88
E q tr 4 % s 1923-1931____ V ar 6 5 .8 0 %
8 5 % Lehigh V alley—
1st 6s ext g 4s 1948_____ J& D
89
C on M 6s ann reg lrre d .J & D
121
92
C on M 6s R gold 1 9 2 3 ..J& D
100%
C on M 4 % s C 1923_____J& D
99%
C on M 4 % s ann irre d .J & D
9 1%
G en con s gold 4s 2 0 0 3 ._N & N
§0%
82%
G en co n g 4 % s 2003____ M&N
6 3%
C ol tr 4s F eb ’ 23-F eb ’ 26 F&A 6 5 10
C oll tr g 6s 1 9 2 8 ........... .M & S
102%
99"
Lehigh & L ake Erie—
1st 4 % s 1957 g u _____ M&S
87
Lehigh & N Y 1st 4s ’ 4 5 .M & S
83%
Lehigh V alley C oal—
1st 5s gold guar 1 9 3 3 ..J&J
100%
70"
1st 40-year gu Int red to
4 % 1933_____________ J&J
86
94
Lehigh V alley R y o f N . Y —
.
83
1st 4 % s gold 1940____ J&J
92%
Leh Val T erm 5s 1 9 4 1 ..A & O
101
75%
M id d lesex Val 1st 5s ’ 42 M & N
90
89
P a& N Y Canal co n 5s’ 39 A& O
99
81
C on M 4 % s 1939____ A& O
92%
83%
C ons M 4s 1939. A ... .A & O
88
8 0 % Lehigh & W ilkes— See C ent N J
81
Lex & E ast— See L ouisv & N ash
87
L itch Field & M a d 1st 5s’ 34 M & N
70
L ittle M ia m i—
95
80%
G en g guar 4s 1962____ M & N
101% L ittle R k & H ot Sp W est R y —
109%
1st g 4s 1939 gu a r________ J&J
72
4 .8 5 % L on g Island-U nified g 4s’ 49M&S
78%
4 .8 5 %
M&S
78%
R efu n d g gu 4s 1949____
4 .8 5 %
T a x-exem p t N Y __________
_____
5 .3 0 %
1st con s g 5s Ju ly 1 1 9 3 1 .Q -J
97%
5%
1st con s g 4s July 1 1 93 1 .Q -J
89%
5%
G en m ort g 4s 1938_____ J& D
83%
81
4s gold 1932_____________ J& D
73"
D ebenture gold 5s 1 9 3 4 .J & D
92%
79
D e b gold 5s 1 9 3 7 ............. M&N
82%
6 9%
E q tr 6s 1923-32 (y e a r ).F & A 6 5 .8 0 %
79%
90
M on ta u k E xt 5s 1945___J&J
73
75
B rook & M o n 2d 5s 1938 J& D
85
L I C ’y & F co n 5s 1937 M&N
89 '
80
N Y B ay E x R 1st 5s g ’ 43 J&J
N Y B ’k lyn & M a n B each 1st
103%
95%
gold 5s 1935......
A&O
N Y & R B 1st g 5s 1927 M & S
'5 %
N orth Shore B ranch—
9 1%
1st co n 5s g O ct 1 1932 Q-J
Louisiana & Arkansas R y —
92%
1st s f g 5s 1927_________ M & S
Louisiana & N orth W estern—
90
1st M g 5s 1935________ A&O
L ou isv C in & L ex— See L ou isv & N ashv
L ouisville H enderson & St L—
92%
1st m ort go ld 5s 1946____ J&J
L ouisville & Jeffersonv B ridge—
100%
77%
G uaranteed gold 4s 1945. M&S
9 8 % L ouisville & N ashville—
101
50-year gold 5s 1937___M&N
9 0%
U m fied gold 4s 1940____ J&J
97
C oll tr gold 5s 1931____ M & N
7 % g n o t e s M a y 15’ 30_M & N 15 106
103%
58
lst& ref 5 % s 2003 Ser A .A & O
E qu ip 6 % s 1923-’ 3 6(yr) M&S 6 5.35
E q tr 6s Jan 15 ’ 2 4-’3 5 . J&J 15 6 5 55
97%
82%
A t K & C in d lv 4s 1955. M&N
46%
99%
A tl K n o x & N or 1st 5s’46 J&D
C on sol go ld 4s 2 0 0 2 ..M & S
62
'9 6 %
L ou C & Lex 4 % s g ’ 31 .M & N
102
N O M o b 1st g 6s 1 9 3 0 .J&J
101%
2d gold 6s 1930________ J&J
87
84%
P ad & M em d lv 1st 4s '4 6 . F&A
85
S E & St L D iv 6s 1971.M & S
86
60%
2d M 3s 1980_________ M&S
100
H enderson Br 6s g 1931 .M & S
81%
K en t Central 4s g 1987. .J& J
91
98
Lex & E ast 1st 5s 1965. _ A&O
97%
L& N M o b & M o n t 4 % s ’45M & S
L ou isv & N ashv S ou th ’n join t
77%
gold 4s 1952____________ J&J
75
78%
L & N T erm 1st g 4s’ 52 gu J& D
N as F & S 1st gu g 5s ’ 3 7 .F & A
7 8%
N ew p ort & C incin B ridge—
103
89%
1st M g 4 % s 1945 gu ar.J & J
97%
100
S & N A la C on M g 5s ’ 36 F & A
90
96%
G en co n gu g 5s 1 9 6 3 .A & 0
89
5 0%
M a co n D u b & Sav 5s 1 9 4 7 .J&J
8 8% M a co n Term inal 5s 1 9 6 5 ..J&J
96
M a h on in g C oal— See L S & M S
96
M a ine C en tra l-C o il tr 5s’ 23 J& D
99%
90
1st & ref 4 % s 1935_____ J& D
94%
1st & ref 5s D e c 1935___J& D
5
E u r & N A go ld 1 9 3 3 ..J&J
85
H ereford R y — G 4s ’ 3 0 . M&N
83"
U pper C oos 1st gu 4s ’ 30 M&N
U pper C o o s E x 4 % s g ’ 30 M&N
86
W ashington C o R y 1st g gu
60
3 % s Jan 1954 o p 1 9 2 4 .J&J
65%
M an ila R R Sou Lines 4s’ 39M &N
4s ’ 39 ext 1959 (U S guar)
68

k Last sale.

I In London,

75
90
74
7 9%
7 9%

88
95'
84
5 .3 5 %

B on ds.

Bid.

M a n ito b a & S E — See C anadian N o rth e
94%
M a n ito b a S W C o l 5s 1 93 4 -J & D
95
M a rq H oughton& O nt 6s’ 2 5A & 0
30
M d D el & V a 5s 1955 g u . . . F&A
64
M a ry l & P a 1st g 4s 1 9 5 1 ..M & S
22
In co m e 4s 1951_________ A&O
M a son C ity & F t D o d g e —
1st M go ld 4s 1955______J& D f 35
M em p h is U nion S tation C o—
95
1st g gu 5s N o v 1 ’ 5 9 ___M & N
M e rch a n ts’ Br— See T erm R R
78
M erid ian T erm 4s ’ 55 guar M&N
M ex ica n International—
P rior lien 4 % s 1947____ M & S
1st co n gold 4s 1977____ M & S
Sept 1 1914 co u p o n ____
Sept 1 1914 co u p o n o f f ___
S tam ped guar o p to M a r '07
Sept 119 1 4 co u p o f f _____
M ex ica n N orth 1st 6s 1 9 3 0 .J& D
M ich C en t— See N Y C & H R
M id d lesex V a lle y— See Leh V al
M id d le to w n & U nionville—
25
2d M a d j in c 6s 1 9 3 3 ..M & N
M id lan d o f N J — See Erie
95
M id lan d T erm 5s 1925.
J& D
84%
M id lan d V alley— 5s 1 9 4 3 ..A&O
A d j M A p r 1 ’ 53 Ser A ..S e p t / 40
Series B ____________________ / 20
M illen & S outhw — 5s 1955. A&O / 40
M il L ake Sh & W est— See C h ic & N W
M llw & N o— See C h M il & St P
M ilw & Spart & N W — See C hic & N W
M in & P a c— See M St P & S S M
101
M in n & St L— 1st 7s 1927. J& D
75
1st con sol gold 5s 1934 M & N
37
1st refg gold 4s 1 9 4 9 . . . M&S
37
R e f & ext 5s F e b ’ 62 Ser A Q -F
44
D es M & F t D 1st 4s ’ 35 J&J
72%
Io w a C ent 1st g 5s 1 9 3 8 .J& D
36
1st & ref g 4s 1951____ M&S
M in n St P & Sault Ste M arie—
87
1st con s go ld 4s 1938
J&J
99%
1st con s gold 5s 1938____ J&J
2d M gold 4s guar 1 9 4 9 ..J & J
104'
C o ll trust 6 % s 1931____ M & S
1st ref 6s 1946 Ser A . .
J&J
E q t r 7s 192 3 -1 93 0 (yr)__J& D b 5.75
96%
M S Ste M & A tl 4s ’ 2 6 . . J&J
M in n & P a c 1st 4s 1 9 3 6 ..J&J
M St P& SS M & C en tT erm R y —
90%
1 st C h T ersf4s’ 4 1op ’ 16M &N
M inn eapolis T erm — See W ls C e nt
91
M ississippi C ent g 5s 1 9 4 9 ..J&J
M iss R iv e r & B on n e T erre—
93
1st s f 5s 1931 o p ______ A & O
M o K a n & T e x (as reorganized)
80%
P rior 1 5s 1962 ser A w 1 ..J & J
66 %
P rior 1 4s 1962 ser B w 1 .J & J
95%
P r io r i 6s 1932 ser C w 1 J&J
60%
A d j M 5s 1967 ser A w i.J & J
M issouri Kansas & T exas—
7 8%
1st gold 4s 1990_______.J & D
76%
C olu m bia T r c t f o f d e p ____
S tpd as t o D e c '21 int _
2d gold 4s June 1 1 9 9 0 ..F& A
7 0%
C ent U nion T r C o ctfs d e p .
1st & ref 4s go ld 2 0 0 4 . . . M & S
87"
G u aran ty T rust ctfs d e p .
G en M s f g 4 % s 1 9 3 6 ...J & J
N Y T r C o ctfs o f dep
6 % notes ’ 16 C en T r c t f M&N / 7 8 %
E q g 5s 1923___________ J& D b 5.50
St L ouis d iv g 4s 2 0 0 1 ..A&O
B o on ville R R B ridge—
68
1st g gu s f 4s 1 9 5 1 ..-M & N
D a l & W a c o 1st gu 5s’ 40 M & N / 85
70
K a n C & P a c 1st 4s g ’ 90 F & A
M o K a n & E 5s 1942 g u . A&O :/ — M issouri Kansas & Okla—
1st g gu 5s M a y 1 ’ 42 M&N \f 94
U S M tg & T r C o ctfs dep / . . . .
95
M K & T o fT 1st 5s gu ’ 42 M & S
Sherm an S hreveport & S—
1st M gu g o ld 5s 1943. J& D / 3 5%
88
S W C oal & Im p 1st 6s ’ 29 J&J
T exas & O kla— 5s 1 9 4 3 .M & S / 33
M o P a cific R R (new com p a n y)
94
1st & ref 5s J u ly 1926
F&A
86
1st & ref 5s Jan 1 965._ F & A
95%
1st & ref 6s 1949 Ser D . . F&A
M o P a cific (old C o )—
60%
G en M 4s M a r 1 9 7 5 .. . M&S
5.75
E q u ip 6 % s 1 9 2 5 -1 9 3 6 ._F& A
5.80
E q tr 6s Jan 15 ’ 2 4 -’35 J&J15
G o ld 4s M a r 1 1945 o p t . M&S
3d 7s ext to J u ly 1938 at
80
„ 4 % ----------------------------M & N
68
C e n tB rU n P a clst g 4s’ 48 J& D
85%
P a c o f M o 1st ex g 4s ’ 3 8 .F & A
96
2d ext 5s gold 1938____ J&J
St L R E 1st 5s 1 9 3 8 ..M&N
86 "
C ardelet B r ls t 4 % s ’ 3 8 A & 0
St L ouis Iro n M t & Sou—
86%
U n ify & R e f ’g g 4s ’ 2 9 .J & J
96
G en co n ry & 1 g 5s ’ 31 A& O
G en C on stp d gu g5 s’ 31 A&O
81%
R iv & G u lf D lv 4s ’ 33 M&N
98
P ine B lu ff & W 5s ’ 2 3 .A & O
98
V erd V a l I& W ls t5 s ’ 26M&S
M o b ile & B irm — See Southern R y
104%
M o b ile & O— 1st g 6s 1 9 2 7 .J& D
100%
1st exten 6s Ju ly 1927___Q-J
7 5%
G en g 4s 1938__________ M & S
E q 5s M a y ’ 2 3 -N o v ’ 23 M & N b 5.60
92%
M o n tg o m D lv g 5s 1947. F&A
94
St L ouis D iv 5s 1927____ J& D
88
St L & C 4s guar 1 9 3 1 ...J & J
M o ’k & M a lo n e — See N Y C & H
95
M on on ga h ela Sou 5s 1 9 5 5 .A & 0
M o n t C en t— See St P M & M
50
M o n t W y o & So 5s ’ 3 9 ___M & L
M orris & E ssex— See D L & W
N ashville C h a tta n oog a & St L —
100
1st co n so l g o ld 5s 1 9 2 8 ..A&O
E q tr 4 % s 1923-37 ( y r ) .A & 0

Ask.
96%
98
40

__

—

36%
100
______

22%

100

88

105
75%
37%
37%
44%
37

88 %
104%
103%
5 .3 5 %

92
95
81
67
9 5%
61
79

68

9 4%
94
75
95%
79
91
107%
104
. 5%
5 .3 0 %
85%

86 %
61%
104
83%
99%
7 9%

101%
102 %
98%
98
92
96%
90
'§ 5 "
88
6 7%
. 75

n Nominal.

« Sale price.

5 .1 0 %
75
90

91

100

93
96%
86
96

%

5 .3 0 %
5 .5 0 %
82
73%
89
90
96%
82%

100

__

78
5 .2 5 %
94%
95%
90
—
....
101

RAILROAD BONDS

F eb., 1923.]

35

N O T IC E .— All bond prices are “ and Interest” except where marked “ f ” and Income an d d e fa u lte d b on d s.
B on d s.

Bid.

Asife.

Nash F lor & S heff— See L & N
N ational R y s o f M ex ico—
Prior lien g 4 % s s f 1957. J&J
Jan 1914 cou p on o n _______
July 1914 cou p on o f f . .
Gen M 4s 1977
. . A&O
A pril 1914 co u p o n o n ______
A pril 1914 cou p on o f f ___ __
8 % g notes June 1915 . J& D
Nat l i f t o f M e x p l g 4 % s ’ 26 J&J /
Jan 1914 cou p on o n _____

26

29

July 1914 co u p o n o ff . . .
38%
1st con s g 4s 1951
. A&O
A pril 1914 cou p on o n ____
A pril 1914 cou p on o f f . . .
27%
25%
N ebraska— See C B & Q
N ew E ng R R — See N Y N H & H
N ew H a v & N o — S e e N Y N H & H
N J J u n ction — See N Y C entral
N ew Jer & N ew Y o r k — See Erie
N ew L on N or 1st 4s '4 0 .
_J&J
7734
N ew M ex R y & C ’l— See E l Paso & Sout hwest
N ew Orl G t N or 1st 5 s ’ 55_F & A
58
59
N ew Orl & N orth E 6s 1915—
E xten d ed at 5 % 1940 M & N
90
99
R ef & im p 4 % s ’ 52 Ser A . J&J
80
81
N ew Orl T erm 1st 4s '5 3 . .J & J
76 %
77%
N ew Orleans Texas & M ex ico—
1st g 6s O ct 1925 Ser A ..J & D
100 %
10034
N on -cu m Inc 5s O ct ’ 35 Ser A .
7 9%
7934
N ew port & C in B dge— See Louis ville & N ashv
N ew p & R ich — See C onn & Pass
N Y B & M B ch— See L ong Isl
N Y B a y E xt R R — See L ong Isl
N ew Y o r k C entral R R —
C o n v d eb 6s 1935 . ..M & N
104
104 %
C on M 4s 1998 Ser A ___F&A
80%
81%
N ew Y o r k C ent & H ud R iv er—
R e f’g g 3 % s July 1 1 9 9 7 ..J&J
74%
75%
D eb g 4s ’ 34 tax-exem pt M&N
90
96%
D eb 4s 1942 tax-exem pt .J & J
86%
87%
85
R ef & im p 4 % s 2013 A .A & O
85%
R ef & im p * 5s 2013 C .A & O
96%
9634
Eq tr 7s ’*23-’ 35 (y r ) ..A & O l 5 b 5.30
5%
Eq tr 6s Jan 1 5 ’ 24 ’ 3 5 . J&J 15 b 5.65
5%
N Y C Lines eq 5s 1923-’ 37J&D b 5.25
5%
N Y C Lines eq 4 % s P ’ 2 4 . J&J b 5.25
5%
N Y C Lines eq 4 ^ s Q '2 5 . J&J b 5.25
5%
N Y C Lines eq 4 % s ’ 24-’ 28J&J b 5.25
5%
N Y C R R eq 4 % s ’ 24-’ 3 2 .J & J b 5.25
5%
B o s & A lb eq 4 % s ’ 23-’ 27 A & O b 5.25
5%
L S col tr g 3 % s 1998. . . F&A
7 1%
73
M C c o l t f g 3 % s 1 9 9 8 ..F & A
75%
76
Beech C r 1st 4s g gu ’ 3 6.J & J
87%
91%
2d guar g 5s 1936.
J&J
95%
C lf Bit C C o 1st g 4s ’ 40 J&J
70
Beech Creek E x t 3 % s ’ 51 A&O
71%
C art & A d lr 1st 4s '8 1 ..J & D
78%
83%
G o u v & Osw 1st 5s g ’ 4 2 . J& D
96%
Lake Shore & M ien S outh—
C o n g ref 3 % s 1997___J& D
74%
76%
D eb g 4s 1928 . . . . M & S
93%
94
G old 4s 1931_________ M&N
92
92%
C lev Short L 4 % s ’ 61 .A & O
95%
96%
K A & G r R 1st 5 s ’ 3 8 ..J & J
95%
K a l & W P ig ’ n g 5s ’ 4 0 .J&J
101
M ahon C R R 1st 5s ’ 3 4 ..J & J
98%
M erch D isp T ransp C o—
E q tr 434s 1923-1926 .J& J b 6.50 5 .7 5 %
M ichigan C entral—
5s co u ’ 31 D & B C d iv M&S
100%
98
D eb g 4s 1929 _______A&O
91
91%
E quip 5s 1923-’ 30 (yr) A & O b 5.35
5%
E quip 6 s '2 3 -’ 32 ( y r ) ..M & S b 5.30 5 .0 5 %
1st 5s K a l & S H 1939 M & N
80
1st m tg e M A ir L 4s ’ 40 J&J
87%
91
1st g4s Jol& N In d ’ 57 J&J 10
82%
82
1st g 3 % s J L & S a g '5 1 M & S
81
1st g 3 % s 1952_______M&N
84
81%
B a y C & B C ls t M g 3 s ’ 89 J& D
65
B a t C & S ls t g u g 3 s ’ 89J& D
65
61%
D e t R T u n 4 % s ’ 6 1gu_M & N
89%
88%
G rand R iv V al 4s ’ 5 9 .M & S
84
81
T o l C an Sou & D 4s ’ 56 J&J
82
_ - _
M oh & M a i 4s 1991____ M & S
C onsol g 3 % s 2002____ M&S
70
N J June 1st 4s gu ’ 8 6 ___F&A
82%
N Y & H a r 1st g 3 34s 2000 M&N
77%
N Y & N or 1st g 5s ’ 2 7 . . A & O
99%
85
N Y & P ut 1st 4s g 1 9 9 3 .A & 0
82%
Pine C reek gu 6s 1 9 3 2 ._ J& D
105%
Pitts & L E rie 6s 1928___J&J
5s Jan 1 1928 . . . . A& O
96%
Eq tr 634s 1 9 2 3 -3 5 (y r)A & 0 b 5.40 5 .1 5 %
_ - —
P itts M c K & Y 6s ’ 3 2 .J&J
—
2d 6s guar 1934 .
. J&J
93%
St L aw r & A d iron 5s ’ 9 6 .J&J
92%
2d gold 6s 1996______ A & O
96%
—
W est Trans C o 334s ’ 2 3 . F&A
97
83
W est S hore 1st 4s 2361___J&J
82
90%
N Y C & St L 1st g 4s ’ 3 7 .A & 0
88%
101
2d & im p m 6s 1931____ M&N
100
87%
D e b 4s M a y 1 1931____ M&N
86%
N Y C on n ectin g R R —
87%
1st M 434s 1953_________ F& A
87%
N Y & G r’w o o d Lake— See Erie
N Y & H a r— See N Y C & H u d R iv
N Y & Jersey— See H u d & M an
N Y L a ck & W est— See D L & W
N Y L E & W C R R — See Erie
N Y & L B r— See C ent o f N J
N Y N ew H a ven & H a rtford —
72%
72%
D e b 6s Jan 15 ’ 48 con v_J & J1 5
40%
D eb 4s M a y 1 1957____ M & N
40
51%
D eb 4s Ju ly l ’ 5 5 n o n -co n v J&J
50
59
D eb 4s 1956 n on -con v__M & N
50
55
D eb 4s 1947 n o n -c o n v .-M & S
49
46%
45%
D eb 334s M a r 1947____ M&S
50
D eb 334s 1954 n on -con v A&O
46
4 7%
45
D e b 3 34s 1956 c o n v ____ J&J
90
Franc d ebenture 4s 1922 . . / 85
102
D olla r d ebenture 4s 1922____ / 100
63
Franc deben 7s (ext) 1925A & 0
6 1%
7 6%
D olla r d eben 7s (ext) 1925___
7 6%

_

__
__
__
__
__
__
__
__
__

_

__

6 Basis.

/ This price Includes




B on d s.

Bid.

Ask.

N Y N H & H a rtfo rd (.Concluded)
57%
78%
B os & N Y A L 1st 4s g ’ 55 F & A
62%
56%
C en t N ew E n g 4s 196 1 . .J & J
73
D u tchess C o 4 % s ’ 4 0 .J & D
73
D a u b & N orw alk 4s ’ 5 5 .J& D
G en 5s A p r 1 1925___A&O
75%
H arl R & P o rtch 4s ’ 54 M&N
7 8%
95
83%
H ou sa ton ic co n 5s 1 93 7 .M & N
____
68%
N augatuck 1st 4s ’ 5 4 . .M & N
75 ■
79
N ew E n g con s 4s ’ 45 g u .J & J
88%
95
C onsoT g 5s J u ly 1 ’ 45 .J & J
N Y & N fi B os T e r 4s’ 3 9 A & 0
70
N H a v & N orth 4s '5 6 gu J& D
70
N Y P ro v & B os 4s ’ 42~_ . A&O
N Y W estch ester & B os R y —
47%
48%
1st M g 4 % s 1946 g u .-J & J
3 4%
4 8%
P rov Sec deb 4s 1957 gu M&N
____
75
P rov T er 1st g 4s gu ’ 5 6 . M&S
N Y & N o r— See N Y Central & H ud R iver
N ew Y o r k O ntario & W estern—
66
R ef 1st g 4s June 1 9 9 2 ..M & S
68
55%
6 2%
G en M g 4s 1955 r e d ____ J& D
5 .2 5 %
E q 4 % s M a r ’ 2 3-M ar '28 M&S 65.75
88%
N Y Phila & N o r— 1st g 4s’ 39J&J
72
I n c o m e 4 s J a n l 1939___M & N
83%
84
S tock trust ctfs 4s 1938. .J & D
N Y P rov & B 6st— See N Y N H & H a rt
N Y & P u tn a m — See N Y Cent & H ud R iver
N Y & R ock a w a y B each— See L on g Isl and
N Y Susq & W — See Erie
N Y W estc & B ost— See N Y N H & H
N orf & C aro— See A tl C oast L
•
N orfolk S outhern—
6 5%
1st & ref g 5s ’ 61 o p ’ 15. _ F&A
66
9 0%
N o rf & Sou 1st 5s I 9 4 1 .-M & N
9 3%
80
1st gen g 5s 1954 o p t ..J & J
85
73
R al & C ap e F 1st 5s '4 3 . M&S
80
76
R a l & S outhp co n 5s '6 5 . J& D
81
83
S u ffolk & C ar co n 5 s ’ 52 .J& J
87
N orfolk T er 1st gu 4s ’ 6 1 .M & N
80
108%
N orf & W est gen 6s 1 9 3 1 ..M & N
108%
I m p & e x te n s 6s 1934____ F&A
107%
N ew R iv e r 1st 6s 1 9 3 2 ..A&O
90
N & W R y 1st con s 4s’ 9 6 .A & 0
90%
D iv 1st lien & gen g 4s J u ly 1
85%
92
1944 o p t Jan 1 1 9 2 9 ...J & J
107%
C o n v d eb 4 % s 1938____ M & S
C o n v 6 % Sept 1929___M &
113
111%
87%
N & W Pocaho'ntas 4s '41 J& D
88
E q tr 4 % s 1923-’ 2 4 (s.a .)F & A 6 5.10 4 .6 0 %
S cioto V al& N E 1st 4s’ 89M & N
86%
88
N orth & South C aro— See C aro A tl & W est
N ’east o f S C — See A tl C L o f SC
N orthern C al R y — See So P a c
N orthern C entral—
97
C o n gen M 4 % s E 1925. A&O
9 8%
M ortfb d s 5s 1926 Ser A . .J & J
9 8%
M o r t b on d s 5s 1926 Ser B J&J
N orthern O hio— See L E & W est
N orthern P a cific—
84%
P rio lien g 4s Jan 1 9 9 7 ..Q -J
8 5%
60%
G en lien g 3s Jan 2 0 4 7 ..Q -F
61
86%
R e f & im p 4 % s2 0 4 7 Ser A J&J
88
107%
R e f & im p 6s 2047 Ser B .J & J
108
R e f & im p 5s 2047 Ser C .J & J
98%
99%
99
R e f & im p 5s 2047 Ser D . J&J
99%
E q tr 7s 1923-30 (yr)_M & N 1 5 6 5.35
5%
87
St P & D D iv g 4S 1 9 9 6 ..J & D
89
N o r P a c-G t N or (C B & Q co ll)
J oin t 6 % s 1936____ .J & J
78%
W ash C ent 4s M a r 1 9 4 8 .Q-M
99
St Paul & D u l 1st 5s ’ 31 .F & A
81
1st co n so l g 4s 1968 J& D
77
D u l U n ion D e p 5s ’ 3 0 .A & O
110
N o P a c T e r C o — 1st 6s ’ 3 3 . J&J
N orth R y o f C al— See Sou P ac
N orth P a c C o a t— See N o Shore
N orth Pennsylvania—
85
1st M 4s extend ed 1936. M&N
73
G en g 3 3-lO s 1953.
...J & J
77
20
N orth w T erm g 5s 1926 g u .J & J
30
92
N orw ich & W o r— 4s 1927. M&S
O g d ’b u & L C ham — See R u tla n d
O hio C on n ectin g— See P enn sylv aniaR R
O hio I & W — See C C C & St L
O hio R iv er— See B alt & O hio
97
O ld C o lo n y — 4s go ld 1924. F&A
93%
4s D e c 1925_____________ J& D
81%
4s Jan 1938 .
________ J&J
3 % s J u ly 1 1932________J&J
81%
O regon & C alifornia— See S oP ac
O regon-W ash in gton R R & N a v
1st & ref g gu 4 s ’ 61 o p t _J&J
7 9%
80
8 6%
Ore R R &"N av con s 4s’ 46J& D
88
O regon Short Line— See U n P ac
O sw ego& Syracuse— See D L& W
P a cific C oast C o — See M is c B ds
P a d u ca h & Illin ois—
90%
92
1st s f 4 % s 1955 g u ______ J&J
50
Pan A m erican 1st 5s ’ 34 o p . J&J / 25
Paris-L yons-M editerranean R R
6 5%
66
E xt s f 6s 1958_______F & A15
P ennsylvania R R —
9 3%
89%
C on M 4s go ld 1943.
M&N
d o 4s go ld 1948___ M&N
90
89%
d o 4s gold 1948 sterling
90%
stam p ed dolla r bonds
91
97%
d o 4 % s g 1960_____ F& A
97%
90%
G e n g 4 % s l9 6 5 .
-------J& D
91
100%
99%
G en g 5s D e c 1 1968____ J& D
109 %
110%
10-year go ld 7s A p r 1’ 3 0 . A&O
109
109%
15-yr 6 % s F eb 1 1 9 3 6 ..F&A
83
C o n M 3 % s g £ 1945____ J&J If 78
R E p u r m o n 1st g 4s’ 23 M&N
99%
G en ft eq 4 % s A p r. 1 9 2 3 .Q-J 6 5.10 4 .5 0 %
E q tr 6s Jan 15 ’ 2 4-’ 3 5 .J & J 15 6 5.50 5 .1 0 %
92
90
A leg V al gen 4s 1942____ M & S
55
B alt C h e s& A tlst g 5s’ 34 M & S
50
92
B elvid ere D e l gu 4s 1927 F&A
1st g gu 3 % s 1943____ J&J
79%
C in L eb & N o r 4s 1 9 4 2 .M & N
85%
87%
C lev & M a rie tta , 4 % s ’ 35 M&N

a ed in
ccru
terest. JLast sale.
f
c

I In London,

n Nominal,

Bid.

B on d s.
P enn sylvania R R (Concluded)—
C lev elan d & P ittsburgh—
SerA 4 % s gen g td 1942. J&J
S e r B 4 % s g e n g t d 1942 A & O
In t red to 3 % % _
Ser C 3 % s gen gts ’ 48M & N
S e r D 3 % s g e n g t d ’ 50 F & A
D R iv R R & B gu g 4s ’ 3 6 .F L A
E rie & P ittsburgh—
G e n g u g 3 % s S e r B ’ 40 J&J
Series C 1940________J&J
G r R & In d E x t 4 % s '4 1 . J&J
2d 4s 1936_____________A & O
M u sk eg on D iv g 5s’ 2 6 .J & J
H olid a y sb B ed ford & C um b
1st M g 4s 1951 g u a r . _J&J
O hio C o n n e ct’g 4s 1 9 4 3 .M & S
P ennsylvania C om p a n y—
G u g 4s 1931 o p 1921. A&O
G u tr ctfs g 4s 1 9 5 2 .. M&N
G u tr ctfs g 3 % s 1 9 3 7 .M & S
G u t r e t f s g 3 % s 1941. F&A
G u tr ctfs g 3 % s 1 94 2 .J& D
G u tr ctfs g 3 % s 1 9 4 4 .J& D
P h B alt & W ash 4s ’ 4 3 .M & N
P itts C in C h ic & St Louis—
C o n g gu 4 % s Ser A ’4 0 A & 0
do
Ser B 1 9 4 2 ..A & O
do
S e rC 1 9 4 2 ..M & N
do
S e r i 1 9 6 3 ...F&A
d o 4 % s Ser J ’ 6 4 . M&N
d o 4s Ser D 1 9 4 5 .M & N
d o 4s Ser F 1 9 5 3 ..J & D
d o 4s Ser G 1 95 7 .M & N
d o 4s Ser H 1960 F&A
d o 3 % s Ser E ’ 4 9 .F & A
G en M 5s 1970 Ser A . J& D
C S tL & P itts 1st 5s g ’ 32A & O
P itts V a & C har gu 4s’ 43M & N
P itts Y o u n g & A sh 5s’ 2 7 . M & N
1st gen 4s Ser A 1948. J& D
Sodus B ay & Sou g 5s’ 2 4 .J & J
Sun & L ew 1st g 4s 1 9 3 6 .J&J
T o l W ah l V alley & Ohio—
1st g gu 4 % s ’ 31 Ser A .J & J
1st g gu 4 % s ’ 33 Ser B .J & J
1st g gu 4s ’ 42 Ser C M & S
Penn & N Y C anal— See L eh V al
P ennsylvania & N orthw estern—
G eneral 5s Jan 1 1930.
J&J
C learfield & J eff 1st 6s’ 27.J& J
Peoria & E astern— See C le v C in
P eoria & N W — See C h ic & N W
Peoria R y T erm — See C h R I &
P ere M a rq u ette (N ew C o )—
1st g 5s Ju ly ’ 56 Ser A . . . J & J
1st g 4s J u l y ’ 56 Ser B_._ J&J
E q tr 6s Jan 15 ’ 2 4-’ 35 J&J15
P erk iom en lst5 s’ 18 ext t o ’ 38Q-J
2d 5s 1918 ext t o 1938 . Q-J
P etersburg— See A tl C oast Line
P hila & B alt C ent 4s 1951 .M & N
Phila B alt & W ash— See P ennsyl
Phila H arrisburg & P ittsburgh—
1st m tge g o ld 5s 1925. A & O
P hila N ew t & N Y 3s 1942 A & O
Phila & R ead — See R ead in g C o
Phila W ilm ington & B alt—
D ebenture g 4s 1926. ..J & J
D ebenture g 4s 1 9 3 2 .. .A & O
Philippine R ailw a y—
1st p 4s 1937 s f o p t gu .J & J
P ine B1 & W — See St L 1 M & So
Pine Creek— See N Y C ent & H u
P ittsb Bessem er & L ake E rie—
P S & L E 1st g 5s 1940 .A & O
C ons 1st g 5s J u ly 1 ’ 4 3 .J&J
P B & L E c o n g 5s 1 9 4 7 .J&J
P itts C har & Y o u g h io g h e n y —
G en m tg e g td 4s 1932 A&O
P itts C in C h ic & St L — See Penn
P itts & L ake E rie— S e e N Y C ent
P itts M c K & Y o u g h — See N Y C
P itts Shaw & N — 1st g 5s’ 49 F&A
G o ld 4s F eb 1 1952
F&A
6 % receivers’ ctfs 1918 . M&A
P ittsburgh & Shawm ut—
1st s f g 5s 1959 o p t
.J & D
P itts Shen & L E — S eePBess& LE
P ittsb T erm R R & C oa l—
1st g guar s f 5s 1942 . . J&J
W estS ideB elt 1st g 5s’ 37M & S
P itts V a & Chas— See P enn R R
P itts & W estern— See B & O
P ittsb Y ou n g s & A sh— See P enn
P ortla n d & O gdensburg—
1st M 4 % s 1 9 2 8 g u a r ___M & N
P o rt& R Falls— 1st g 4s’ 26_M & N
D ebenture 4s A u g 1 9 2 7 .F & A
P ortl (M e) T erm gu 4s '61 J&J
G u ar 5s 1961.
____ ____ J&J
P ort R eading— l s t g u 5 s ’ 41 J&J
Ports G t F & C o n — S eeB os& M e
P otom a c V al— l s t g u 5 s g ’ 41J&J
P rinceton & N orth w — See C h ic
P rov Sec C o — See N Y N H & H
P roviden ce T erm — S eeN Y N H &
P rov & W ore— 1st 4s 1 9 4 7 .A & O
R aleigh & A ugu sta— See Seaboa
R al & C ap e Fear— See N o rf Sou
R aleigh & G as— See Seab A ir L
R al & S outhp— See N o rf South
R aleigh & S W — See C hes& O hio
R aritan R iv e r— 1st g 5s ’ 3 9 . J&J
R eading C om p a n y—
G en gold 4s Jan 1 1997 .J & J
E q 4 % s J u ly ’ 23-Jan '2 7 . J&J
Eq 5s (J&J) ’ 23-’ 32 Ser J .J & J
Jer C ent g 4s ’ 51 o p '0 6 A&O
A tla n tic C ity gu 4s 1951.J& J
1st M gold 5% S 1929. M&N
W & N A tr ctfs 4s red 105.Q -M

s Sale price,

t Tax-exempt.

93%
93%
80%
81%
82%
91%

Ask.

97%
____
,

____
____
____

83%
83%
89%
85
94

____
87%
92%

83
88%

90

93
84%
§2%
80%
80
79%
9 0%

9 3%
88
____
....
82

94%
94%
94%
94
94
8 %
89%
89%
89%
86%
97%
99%
86%
99%
88
96%
88%

—
98
—
95
____

92%
92%
86

9 6%
96%

____

—

99%
------- ---

—

101
98
103
101%
C h ic & St L
P ac

6

95
81%
5.75

85
vania
9 9%
7 3%

95%
82
5 .3 5 %

RR
101

94
90

95

46%

48%

d R iv e r
100
98%
98

100

79

RR
& H ud R iver
/
/

5
....
20

/

____
90
77

15
2
35

_
__

RR
92
90
95
79
94
95
95
& N W
H
78
rd A ir

75
b
b

85
5%
5%
84%
100%
87

92%

__
__

81%
98

__

_

100

Line

- --•

86
4 .8 0 %
4 .8 0 %
83%
88
101%
90

36

KAILROAD BONDS

[V ol. 116,

N O T IC E .— AH bond prices are “ an d in terest” except where marked “ f ” an d incom e an d d efau lted b on d s.
B on d s.
R ea d in g C om p a n y ( Concluded)
P hila & R — 2d 5s g 1933. A&O
Im p M ext g 4s 1 9 4 7 ..A&O
C on s ext gold 4s 1937. M&S
T erm 5s g gu M a y 1 ’ 41 Q -F
D el R T er p m g 5s ’ 42M &N
E x p m on g 5s 1 9 4 2 .J&J
W ilm & N o 1st 5s ’ 2 7 .J & D
G en g 5s A ug 1 1 9 3 2 .Q -F
Phila & R ead C oal & Iron —
C ol s f g 4s e x t’ 32 gu F&A
R en s & Saratoga— See D e l & H
R ich m & D a n v — See Southern
R ic h Fredericksb & P otom a c—
C on s m t g e 4 ) !s 1940____ A&O
E q u ip 6s Jan 15’ 28-’- 3 5.J& J15
R ich & M ecklen bu rg— SeeSo R y
R ich & Peters— See A tl C oast L
R ich m on d Terminal R y —
1 guar 5s 1952____ ______ J&J
st
R ich m on d -W ash in g ton C o —
C ol tr g gu 4s 1943 o p t ._ J & D
R io G r June— See D e n v & R io
R io G ran d e So— See D en & R io
R o c k Isl-F riscoT erm — 5s’ 27J&J
R o c k Isl A rk & La— See C R I &
R o o k Is! & Peoria— See C R I &P
ia u tla n d — C on 4 J !s 1941___J&J
B enn & R u t 4 j| s g ’ 2 7 .M & N
-O gd& LC h 1st g gu 4s ’ 4 8 . J&J
SRuiW C a n 1st g gu 4s ’ 4 9 . J&J
iS q u lp tr 4 3 !s 19*23-27..M & N
St C lair M a d & St Louis B elt—
A lto n B ridge 1st g 4s ’ 51 .J & J
St C lair T erm 1st 5s 1 9 3 2 ..F & A
St Johns & L C ham — 5s ’ 44 M&S
St J & G r Isl— 1st g 4s 1947. J&J
St Law r & A d ir— See N Y C ent
St Louis A1 & T H — S ee 111 C ent
St Louis B r— See T erm R R Assn
St L & Cairo— See M ob ile & O
St L Iron M t& S ou — See M o P a c
St L M er Br C o — See T erm R R
St L Peoria & N W — See C h ic &
St L R o ck y M t & P 5s 1955— See
St L South— See Illinois Central
St Louis-San F r (reorganized)
P rior lien 4s 1950 Ser A . .J & J
P rior lien 5s 1950 Ser B ..J & J
P rior lien 6s 1928 Ser C ..J & J
P rior lien 5 J !s ’ 42 Ser D .J & J
C u m adj 6s July 1955___A & O
In com e intge 6s July 1960 O ct
E q tr 6s Jan 15 ’ 24-’ 34 J&J 15
St Louis & San F rancisco—
G en m tge gold 6s 1 9 3 1 ..J& J
G en m tge gold 5s 1931 .J& J
C o n m tg e 4s July 1996___J&J
Sou W est D iv g 5s 1 9 4 7 .A & 0
St Louis Southw estern—
1st g 4s 1989 certifs ..M & N
2d g inc 4s N o v '89 cert J&J
1st con sol g 4s 1932 __J& D
1st term & unif 5s 1952 J&J
E q 5s Ser D 1923 ___
.F & A
E q 5s Ser E 1 9 2 3 -1 9 2 4 ..A&O
C ent A rk & E a 1st 5s’40opJ& J
G ray s P t T erm g 5 s ’ 47 J& D
Shrev B d g& T er 5s ’ 55 gu F & A
Stephen vN & ST ex5s’ 40op J& J
St Paid B ridge & Term inal R y —
1st M 6s 1929. _________ J&J
St Paul & D u lu th — See N o r P ac
St Paul E ast G rT run k— S eeChic
St Paul & K C Short L — See C h
St Paul M in n & M a n itob a —
1 g 4s 1933_____________J&J
st
1 con sol g 6s 1933 . J&J
st
1st con s red to 4 3 !s g ’ 3 3 .J&J
M on ta n a ext 1st 4s ’ 37 .J & D
P a cific E xt 1st 4s £ 1 9 4 0 .J&J
E astern R y o f M inn esota—
N o r d iv 1st g 4s 1948. A&O
M o n t C en 1st gd 6s ’ 37 J&J
1st guar gold 5s 1937___J&J
W il & S F 1st 5s g 1 9 3 8 ..J& D
P & N P ac— See N o Pac
St Paul U nion D ep ot C o 5 ^ %
gu ar notes D e c 15 ’ 23 J& D 15
Salt Lake C ity Un D e p & R R —
1st M 5s 1938________M & N
S an A nt & A ran Pass— SeeSoPac
San F r & S Jo V al— See A T & S F e
San Fran T erm — See Sou P acific
Santa F e Pres & P h— See A tcb
Sault Ste M arie B ridge—
1st M s f g 5s J uly 1 1 9 3 7 .J&J
S a v F la& W — See A tl C oast Line
Sav& States— 1st g gu 5s ’ 53 J&J
S ch en ecta d y & Duanesburg—
1 guar 6s 1924_____ "M&S
st
S ch uylkill R iver E S— See B & O
S c io t o Val & N E — See N or & W
S eab A ir L— 1st g 4s 1950. .A & O
S ta m p ed ..........................
A d ju s t M 5s O ct 1 1 9 4 9 .F & A
R e f g 4s 1959 o p t . .
. A&O
1st & co n 6s 1945 Ser A .M & S
7 % g notes Sep 15 ’ 2 3 .M & S 1 5
E q g 5s 1923 (s. a . ) ___F& A15
E q u ip trust 6s 1923-27. J& D
E q tr 6s (s. a .) 1923-’ 3 7 .F & A
A tla nta-B irm ingham D ivis—
1st g 4s M a y 1 1933. M & S
C ar C ent 1st g gu 4s '49 .J & J
F lorid a C ent & Peninsula—
1st g 5s 1918 ext to 1923
a t 6 % ______________ J&J
1st 1 g ext 5s g o ld 1930. J&J
1st con 5s gold 1943___J&J
S o B ou n d 1st g 5 s ’ 4 1 . . A&O
G eorgia & A la 5s O ct '4 5 .J & J
G a & A la T e rm l s t g 5 s ’ 4 8 J & D
G a C ar & N — 1st 5s g ’ 2 9 .J&J

Bid.

Aak.

—
1023!
89
883!

102

99
97 3!
983!
97

104
92
____

100
100

923!
Ry
83
6%

____
5 .6 0 %

985!

b

10
0

85
G rande
G rande

----

95
P ac

97

80 %
80
685!
69
b 6.50

86%

71K
85
60

73%

70%
74
5.50%
76
____
70
75

N W
M isc C OS,p.44

6
8

82%
97%
91%
b

77
60
5.75

103%
96%
82%
87%
77%

70

b
&

68%
83%
99
92

77%
60%
5 .4 0 %

99%
____
____

77%
73%

74%
79%

75
81

5.30
6.50
80

5%
5%
83%

84%
80
81
98

____
85
833!

12
0

& N W
R I & Pac

92Vs

109

06%
90%
84%

89
107%
101%
99%

85

95%

11
1

98%
92
____

____
____

102%

90

T o p & S Fe
85

____

40

60

100
64%
63%
25
40
61
____
b 6%
b 6.30
b 6.30

66

70%

99%
89%

____
58

53%
25%
40%
61%

____
5 .6 5 %
5 .7 5 %
5 .7 5 %

67
723!

10
0

92

____
____

90%

83
90
92

86
80 %
86

P a cific F ruit E xpress equip 7s
June 1 1925-1935 (y ’ ly) J& D
A ust & N or 1st 5s g ’ 4 1 . .J & J
C entral P a cific—
1st refd g 4s g g ’ d ’ 4 9 .F & A
1st g gu 4s O ct 1 1 9 5 4 .A & O
M 3 } ! s g g ’d A u g 1 '29 J& D
E uropean loan 4s 1946 M&S
G a lveston H arrisb & San A n —
M e x & P D iv 1st 5s ’ 31 M&N
2d M 5s 1931 g u ______ J&J
G ila V al G lo b e & N orthern—
1st g 5s N o v 1 1 9 2 4 ..M & N
H ou ston E ast & W est T exas—
1st 5s g M a y 1 1933 __ M&N
1st guar g 5s M a r ’ 3 3 .M & N
H ou ston & T exas C entral—
1st l g 5s 1937__________ J&J
W a c o & N W D iv 6 s g ’ 30M &N
N orth C al R y g 5s 1929. J& D
N o R y o f Cal 5 s g g u 1938 A & O
O regon & Cal 1st 5s 1 9 2 7 .J&J
S A & A r Pass g gu 4s ’ 4 3 . J&J
San Fran T erm 1st 4s ’ 50 A&O
So P a cific Br 6s 1 9 3 7 ...A & O
S outhern P a cific R R C al—
1st co n g 5s gu 1 9 3 7 ..M & N
1 ref g 4s 1955 o p ’ 10. J&J
st
So P a c C oast 1st g 4s '3 7 .J&J
T exas & N O—
C onsol gold 5s 1943 . J & J
D allas D iv 1st g 4s ’ 30 F& A
Southern R ailw ay—
1st con sol g o ld 5s 1994 .J& J
D e v e lo p & gen M g 4s ’5 6 A & 0
D e v & gen 6 J !s 1956___A&O
E q tr 6s Jan 15 ’ 24-’ 3 5.J & J 1 5
E q tr 5s 1923-24 ( s - a ) . .A & 0
E q t r 4 ) ! s M ’y l 5 ’ 23-26M & N 15
E T enn reorglien 5s 1938 M&S
1st M em d iv g 5s 1996___J&J
St Louis D iv 1st g 4s 1951 J&J
A ik en B r 1st g 4s 1 9 9 8 .. J&J
A tla n ta & C h arlotte A ir Line
1st M 4%a 1944 ser A .J & J
1st M 5s 1944 ser B ____ J&J
A tl & D a n ville 1st 4s '48 J&J
2d g 4s 1948____________J&J
A tl &"Yad 1st g u g 4s ’ 4 9 . A&O
A u g South g 5s 1 9 2 4 .. .J & D
E T V a & G a— D iv g 5s ’ 30 J&J
C onsol 1st g 5s 1956. M & N
G a M id 1st g 3s 1946____ A&O
K n o x v & O 1st g 6s 1925. J&J
. L & N So jo in t g 4s— See L & N
M o b & B irm p rlie n 5s ’45 J&J
Small . . _________ .
G en M g 4s 1 94 5 ______ J&J
S m a ll____________________
M o b ile & O co l tr 4s ’ 38 M & S
R ich & D a n d e b 5 sstp d ’ 27 A&O
R ich m o n d & M ecklen bu rg—
1st g 4s N o v 1 1948. .M & N
So C aro & G a 1st 5 3 !s ’ 29M&N
V a M id Series E 5s ’ 26 M&S
Series F 5s 1931_______M&S
G e n ’l 5s 1936. _______ M&N
V a & S outhw 5s 2 0 0 3 .. _J&J
1st co n g 5s 1958 ._ A&O
W ash O & \V 1st gu 4s’ 24 F&A
S & N A la — See L ouis & N ashv
South P a c C oast— See Southern
SpartanU & Col— See A sh v& S p a r
S pokane F alls & N orthern—
1st 6s g 1939______________ J&J
Spokane International—
1st g 5s 1955_____________ J&J
State L & Sulliv 4%a 1929 J& J
Staten Isld R y — See B alt & Ohio
Stephenv N & S T e x — See St L
Suff & C arolina— See N orf & So
Sunbury H azleton & W -B —
1st 5s M a y 1 1928_____ M&N
2d m tge iiic 6s '38 co u p . M&N
Sunbury & L ew — See Penn R R
Superior Short Line— See C h St
T a com a E astern— See C h ic M il
T a m p a & Jacksonville—
1st M 5s 1949 c t f d e p ..A & O
T a m p a N orth 1st 5s ’ 36 o p .J & J
T erm R R A ssn (St L ou is)—
1st gold 4 %a 1 9 3 9 . ____ A & O
1st con sol gold 5s 1 9 4 4 ..F& A
G en ref s f g 4s ’ 53 o p '1 0 . J&J
St L Br 1st g 7s 1929____ A&O
St L M er Beige T — 5s’ 30 A & O
M er B d ge 6s ’ 29 o p ’ 09 F&A
Terre H aute & Ind 5s 1925 J&J
Terre H aute & P eoria—
1st con g 5s Sept 1 ’ 4 2 . M & S
T exas C entral— 1st 5s ’ 23 A&O
T exas & O kla— See M K & T

b Basis.

/ This price includes accrued interest,




Bid.

B on ds.
Seaboard A ir Line ( Concl.)—
R a l’h & A u g’sta— 1st 6s’ 26 J&J
R a l’h& G ast’ n— 1st 5sg’ 47J&J
Seab & R oan oke— 1st 5s’ 26 J&J
Seacoast R R o f N J 5s '4 8 . A&O
Seattle T erm 6s 1 9 2 3 -1 9 3 0 .. . .
Sebast & M ooseh 1st 5s '28 M & S
S ham okin S unb’y & L ew isb’g—
2d 6s g J u ly 1 1925_____ J&J
Sberm an Shrev & Sou— See M o
Shreve B rdg & T e r— See St Loui
Sierra R y o f C al—
1st s f 6s g A p r 12 ’ 3 7 . A & 0 1 2
Sioux C & P ac— See C h ic & N W
Sodus B ay & S ou— See Penn R R
Som erset R y 1st & ref 4s’ 55 J&J
So C aro & G a— See South R y
South B ound— See Seaboard A L
Sou Indiana— See C h T erre H au
Southern P a cific C o —
C oll tr 4s (C P) A u g 1 ’ 49 J& D
C o n v g 4 s J ’ ne 1 ’ 29 o p T 4 M & S
C o u v g 5s 1934__________ J& D
E q 4 J !s 1923___________ M & S

k

Last sale.

I

Ask.

96
90
93%

75

102

100

K an & T ex
s South western

70
te & S E

91%
100%

83%
92
102%

5.25
5.30

4 .8 5 %
5%

83

b

6
b

5.30

5 .0 5 %

85
82
90M

91%

96%

98%

95%

86

83

965!

99%
965!
965!

98%
97

975!

99

98%

101%
99
73%
80%

112

101%
86%

99%
73%
80%
113

86%

89

91

90%

94

95%
67

b
b
b

100

5.75
5.45
5.45
93
95

79%

95%
67%
100%
5 .4 0 %
5 .1 0 %
5 .1 0 %
95
99

79%

60

70

90

97%
74%
65%
77%

91%
98%
77
72
78%

98%
97%
61%

99%
64%

55

101

99

92%
80

73%
64

78

78%
97%

98%

72
98%

99

80

74

97%
97%
93

79 %
96%

80 %

P acific
96

83%
72%

82%

S W
94
97
P M & Om aha
& St P
5
35
91
98
80
1053!

95%

45

94%

100

81
107

95
85
95

92

100

B on ds.

Bid.

T exa s & P a c 1st 5s 2000 . . J & D
2d in c g 5s D e c 2000_____ M a r
L ou D iv 1st 5s 1931____ -.J& J
W eath erford M in W & N orth
1st guar f 5s 1930
.F & A
T o le d o C an Sou & D e t— See M ic
T o le d o & O h io C entral—
1st 5s g 1935_____________ J&J
W est D iv 1st 5s g 1 9 3 5 ..A & O
G en g o ld 5s 1 9 3 5 . _____ J& D
E q t r 4 H s 1924-27 (yea r).J& J
K a n a & M ich 1st 4s "1990 A&O
2d m tg e go ld 5s 1 9 2 7 ..J&J
E q 4 3 !s J ’l y ’ 23-July’ 24_J&J
E g tr 6s 1924-35 (yr) .J& J15
St M a r y ’s D iv 4s g 1951. F&A
T o le d o Peoria & W estern—
1st g 4s Ju ly 1 1917______ J&J
T o le d o St Louis & W estern—
Pr lien s3% a Ju ly 1 1925.J&J
1st g o ld 4 s A p r 1 "1950. .A & O
C oll tr g 4s Ser A 1 9 1 7 ..F & A
U nion T ru st certif d e p ___
T o l T erm 1st 4 ) ^ s ’ 57 g u . .M & N

93
/

41%

Aak.
94

90’ '

91%

77%

78

h C ent
97

b

93%
89%
95?|
5.55
5.75
75

953!
91
5 .1 0 %
773!
975!
5 .1 5 %
5 .4 0 %
78

5.65

77%
b
b
/

____

32

93%
73%

74

85

863!

T o ro n to H am ilton & B u ffa lo —
1st g 4s June 1 1946. . .J & D
80%
83
T r o y & B o sto n — See F itch b u rg .
93%
U lster & D el co n 5s 1928 J& D
953!
1st ref g 4s 1952 _______A & O
64
68
U nion P a cific—
92
1st R y & 1 gr 4s g 194 7 . J&J
91%
95%
95^
C o n v 4s 1927____ __
J&J
83
84?!
1st & ref 4s June 2008___M & S
103%
10-year 6s Ju ly 1928 . J&J
104
E q tr 5s 1927-v3 7 ( y r ) ...M & S b 5.05 4 .7 5 %
E q u ip tr 7s 1924-35 ( v r ) . J & D 6 5 .2 0
5%
P a cific F ruit Express e q — See South P a cific
fc
Ore R R & N a v — See O re-W as ii -ttli < N a v
O regon Short Line—
102%
1st con sol 5s g 1 9 4 6 .. J&J
1035!
1st con s guar 5s 1 9 4 6 ..J&J
1035s
92
R e f g gu 4s ’ 29 o p ’ 0 7 .J& D
923!
U tah & N orthern—
____
1st 7s’ 08ext a t 4 % t o ’ 33.J& J . 91%
99%
• C on sol gold 5s 1 9 2 6 . . . J&J
U nion T erm inal C o (D a lla s)—
96%
98
1st g 5s 1942 o p 1 9 2 2 ...A & O
U nited N J R R & C anal C o —
____
94%
G eneral go ld 4s 1929____ M & S
____
91
G eneral gold 4s 1944____ M&S
G en 1st g 3%a M a r 1 ’ 5 1 .M&S
77%
U pper C o o s— See M a ine C entral
U tah & N orthern— See U nion P a cific
U tica C lin t & B in g— See D e l & H udson
V an dalia R R —
____
855!
C on g 4s 1955 Series A ..F & A
Series B 1957________M & N
855!
V era C ruz & P a cific R R —
36
38
1st g 4 ) ! s 1934 o p t . . ___ J&J
____
26%
J u ly 1914 co u p o n o n _______
____
93%
J u ly 1914 co u p o n o f f _____
V erdig V al Ind & W — See M o P
____
81
V erm on t V al 1st 4%a ’ 4 0 . .A & O
V icksb u rg Shreve & P a cific—
____
94
P rlie n 6 s ’ 15 ext 5 % ’ 4 0 .M & N
8 7 }!
90
G en 5s M a y 1 1941____ M&N
Virginia M id la n d — See Sou R v .
Va & S outhw est— See Southern R y
V irginian R ailw a y—
95%
96
1st M g 5s 1962 o p t _____ M&N
E q 6sA A pr23 A p r’ 30(s-a) A&O b 5.30 5 .3 0 %
98
W abash— 1st g o ld 5 s 1939 M&N
983!
2d go ld 5s 1939__________ F&A
863!
8 73 !
____
____
•D eb m tge 6s Ser B 1939 _J&J
1st lien term g 4s 1954. J&J
7 03 !
683!
b 6.25 5 .6 5 %
E q tr 6s 1924-35 (year).J& J15
9 5 j!
D e t & C h ic ext 1st g 5s’ 41J&J
97?!
70
79
D es M d iv 1st g 4s 1939. .J & J
75
80
T o le d o & C h ic 4s g 1941. M&S
66
O m aha D iv 1st 3 3!s g ’ 41 A&O
63M
W arren R R — See D L & W
____
85
W ash & C olu m R iv 4s 1935.J&J
W ashington C ent— See N o r P a c
W ash C o R y — See M a in e C ent
W ash O & W — See Southern R v
80
W ash T erm C o — 3%a 194 5 .F&A
775!
1st go ld 4s 1945 g u a r.
F&A
843!
W eatherford M in W ells & N — Se e T e x & P a c
W est Jersey & Sea Shore—
85
88
C on sol gold 4s 1936_____ J&J
80
83
C on s 3 %s g Ser B 1936 J&J
633!
W est M arylan d 4s 1952 ..A & O
633!
—
—
5 % go ld notes 1915 o p
J&J
95
85
B alt & Harris g 5s 1 9 3 6 .M & N
95
90
1st M W est E xt g 5s’ 38M & N
99
W est N Y & Penn 5s 1937 .J & J
993!
____
77
G en m tg e go ld 4s 1943 .A & O
41
In co m e g 5s A p r 1943 N o v 1 J 25%
W estern P a cific R R C o rp —
82%
82%
1st M 5s M a r 1 1946 ..M & S
92
94%
1st M 6s 1946 Series B __M & S
96
94
W estern P a— 1st g 4s 1928. J & D
W est R y o f A la— 4%a 1918 ext
____
at 6 % to O ct 1 1928____ A & O
W estern T ransit— See N Y C ent
W est Shore— See N Y C & H R R C o
W est Side B elt— See P itts T erm
W est V a & P ittsb — See B & O
W heeling & L ake E rie R R —
633!
63
1st co n so l go ld 4s 1949 .M & S
64
60
R e f M 4 3 !s S e r A 1 9 6 6 ..M & S
6% 5 .5 0 %
E q tr 5s 1923-27 (y e a r ). A&O b
98%
97%
L E rie D iv 1st g 5s 1926. A & O
97%
96%
W heeling D iv 1st g 5s ’ 28.J&J
97%
903!
E x t e n & l m p t g 5s 1930 .F & A
82}4
86
W heeling T erm 4s 1940____ F & A
W ich ita Falls & N orthw estern—
/ 100
105
1st 5s Jan 1 9 3 9 .. _______J&J
....
1st & ref g 5s 1940 o p . _ .J & J / 74
W ich ita U nion T erm inal R y —
87
1st g gu 4 3 !s 1941 o p t ..M & N
W ilkes-B & E ast— See N Y S & W
W illiam sport & N B ranch R R —
____
1st ref g o ld 4 %a 1931____ J&J / ____
W ilm ar& SFalls— See S tP M & M
W il & W elson— See A tl C oast L

In London, n Nominal. • Sale price.

F e b .,

1923.]

37

RAILROAD ST O C K S-P U B L IC UTILITY BONDS

N O T IC E .— All bond prices are “ and in terest” except where marked “ f ” and Income and d efau lted b on d s.
B o n d s an d Sto c k s.

Bid.

W inston-S alem S ou th b ou n d —
7 8%
1st gold guar 4s 1960____ J&J.
77%
W ise Cen R y — 1st M g 4s’ 49J&J
71
1st & ref 4s 1959 .............. A&O
M arshfield & S outh E ast D lv
67
p u rm o n 1st g 4s 195 1 . M&N
78%
S u p & D u l D lv 4s 1 9 3 6 .-M & N
65
M lnn eap T erm 3 % s ’ 50op J&J
81
W orN ash& R o ch — 4sJ an’ 30. J & J
74
4S O ct 1 1934____________ A & O
47
Y osem ite V al s f g 5s 1 9 3 6 ..J & J
R A IL R O A D S T O C K S . Par
A la G reat Southern c o m ____ 50 d 49
P referred___________________ 50 dx 53
_
A labam a & V ick sb u rg _______100
170
A lb a n y & Susquehanna (gu .)1 00
100%
A llegheny & W est ( g u a r ) . . .1 0 0
14
A n n A rb or c o m m o n __________100
34%
P referred__________________ 100
100 %
A tc h T o p & S anta F e _______100
89%
P referred__________________ 100
A tla n ta B lrm & A tla n tic___100
1%
162
A tla n & C har A ir L (g u a r ).. 1 0 0
120
A tlanta & W est P o in t _______100
A tla n tic C oast L C o o f C on n . 50 d 113
114%
A tla n tic C oast L R R c o m ..1 0 0
A tla n tic 1st leased lines rent t r . . Id 72
94
A ugu sta & Savannah (g u a r ). 100
46%
B alt & O h io— C o m m o n _____ 100
59
P referred __________________ 100
91
B an gor & A roostook p r e f___100
B eech C reek (guar N Y C ) . . 50 d 37
____
B oston & A lb (guar N Y C )_1 0 0
B oston & M a in e _____________ 100 x 18
22
P referred __________________ 100
2 9%
1st p ref A _________________ 100
43%
1st p ref B _________________ 100
36
1st pref C _________________ 100
56
1st pref D _________________ 100
B ost & P ro v (guar O ld C ol) .1 0 0 * 160
B oston R e v B each & L y n n .. 100
65
B u ffa lo R o c h & P itts b u r g h ..1 0 0
87
Preferred__________________ 100
85
B u ff & Susq R R C orp v t c .1 0 0
52
Preferred v t c ____________ 100
C am d en & B url C o (g u a r). . 25 d 25
51
C anada S ou th ern ____________ 100
1 43 %
C anadian P a cific____________ 100
P referred __________________ 100 Id 77
____
C aro C lin chfield & O hio c o m . 100
____
P referred__________________ 100
C a ta w is sa R R — l s t p f (guar.) 50 d 42
2d pref (guar P & R ) _____ 50 d 42
C ayu ga & Susq (gu D L & W ) 30 d 43
2 10 %
C entral o f N ew J ersey______ 100
74%
C hesapeake & O h io_________ 100
102
Preferred tem p c t fs ______ 100
C h ica go & A lton R R ________ 100
2%
P referred __________________ 100
3%
165
C h ica go Burl & Q u in cy _____ 100
29
C h ic & E ast Illin ois c o m ____ 100
52
Preferred__________________ 100
C h ica go G reat W est c o m ___100
5%
P referred __________________ 100
12%
C h ic In d & L ou isv c o m _____ 100
____
P referred__________________ 100
23%
C h ica go M ilw & St P a u l____ 100
37
P referred __________________ 100
80%
C h ica go & N orth W e s t e r n .. 100
116
P referred __________________ 100
34%
C h ic R I & P a cific c o m _____ 100
92%
7 % preferred_____________ 100
82
6 % preferred_____________ 100
7 2%
C h ica go St Paul M in n & O . .1 0 0
101
P referred __________________ 100
C h ic Terre H a u te & S E ____ 100
4
C in e Indianap & W estern ___100
P referred _________________ .1 0 0
8
205
C ine N ew Orl & T exas P a c . .1 0 0
P referred __________________ 100
100
C ine S andusky & C lev e p r e f. 50 d 52
72%
C lev C in e C h ica go & St L ___100
102 %
P referred __________________ 100
C lev & P itts (G uar P a R R ) . 50 d 65
B e tte rm ’t stk (G u P a R R ) 50 d 40
41
C olora d o & S ou th ern ________ 100
1st preferred _______________100
58
2d preferred _______________100
49%
C olu m b u s & X en ia (g u a r)___50 d 88
C on cord & Portsm (g u a r )___100
C onn & Passum psic p f (g u ).1 0 0 i 75
C rip p le C reek C en tra l_______100
1
P referred __________________ 100
12
C u b a R R preferred__________100 Id 59
D a y to n & M ich co m (gu a r). 50 d 3 4 %
Preferred (guar C H & D ) _ 50 d 78
D ela w a re & B ound B r (g u ). . 100
150
D elaw are & H u d son ________ 100
113%
D elaw are L a ck & W e s t e r n .. 50 d 127%
D ela w a re______________________ 25 d 35
D en v er & R io G ran d e_______100
—
P referred __________________ 100

b B asis,

d P rice p er share, n ot per cen t.

Ask.
82%
79%
74
79
____
56
51
____
____
• ____
18
3 5%
100%
90
2
172
135
115%
77
98
46%
5 9%
94
41
145 %
18%
25
30
____
39
58
—
70
90
115
54
30
____
143%
79
____
44
44
47
218
75
102%
2%
4%
169
30
54
5%
12%
____
23%
37%
81
117%
3 4%
93
83
74
102%
8
12
105
60
77
102%
80
42
62
52
92
79
4
16
64
37
82
160
116
127%
40
—

S to c k s.

Par.

Bid.

75
D etroit H ills & S W ( g u a r ) .. 100
____
D etroit & M a ck in a c_____ .1 0 0
P r e f e r r e d _____________
100
3
D u lu th S outh S hore & A tl .1 0 0
5
P r e f e r r e d - ____
. . . . .1 0 0
E ast Penna (guar P & R ) . . 50 d 56
E lm ira & W ’ m sp ort (guar) _ . 50 d 38
Preferred (guar N o r C e n t). 50 d 48
11%
Erie— C o m m o n _______ ______ 100
1 7%
1st preferred ______________ 100
2d p r e f e r r e d _____________ 100
1 1%
E rie & K a la m a zoo (g u a r )___50 d 75
Erie & P itts (guar P a R R ) . 50 d 5 2 %
____
F onda Johns & G lo v c o m ..1 0 0
63%
Ft D od g e D es M & Sou p r e f. 100
102
Ft W ay n e & P a ck p ref (g u ).1 0 0
228
G eorgia R R & B ank C o (gu ).1 00
5
G eorgia S outhern & F lo rid a . 100
40
1st preferred _ . ______.1 0 0
24
2d preferred _______
.
100
7 4%
G reat N orthern R y — P r e f. 100
Ore certifica te s_____ (no par) d 3 8 %
56
Green B a y & W estern . . .1 0 0
D eb ctfs A & B — See under b o nds
14%
G u lf M o b ile & N orth c o m . . 100
45
P referred___ _____
.1 0 0
Harrisburg P orts M t J & L an 50 d 95
____
H artford & C onn W estern . 100
H ocking V a lle y — C o m m o n ..100 n 67
16
H udson C om panies— P r e f. 100
9
H udson & M a n h a t t a n ___ .1 0 0
45
P referred ____ _________ .1 0 0
H untingd & B roa d T o p v t c . 50 d ____
Preferred v t c ____________50 d ____
112
Illinois C e n tra l_________ _ 100
113
N on -cu m u l 6 % p ref Ser A 100
74
Leased lines (g u a r )______ 100
S tk tr ctfs — See R R Securs C o
22%
Int & G reat N o rth R y w 1 ..1 0 0
Internat R y s (C ent A m ) comlOO Id 3 %
P r e f e r r e d ._____ __ ____ .1 0 0 Id 24
5
Iow a C entral _____
. .1 0 0
103
Joliet & C h ic (guar C & A ) . . 100
100
K al A llegan & G r R a p (g u ). . 100
K C F t S cott & M em p h is R y —
70
P ref C ent T r c t f d ep s tp d . 100
80
K C St L & C h ic— P ref (gu) 100
21%
K ansas C ity S outhern _______100
54
P referred__________________ 100
3
K eoku k & D es M o in e s_____ 100
30
P referred .
.
____ 100
79
Lackaw anna R R o f N J ____ 100
32
L ake E rie & W e ste rn . _______100
67
P referred . .
_________ .1 0 0
__- Lehigh & N ew Y o r k p r e f.
100
Lehigh V a l l e y ______ _______ 50 d 6 8 %
P referred __________ __ . _ 50 d _ _ - L ittle M iam i original g u a r .. 50 d 91
Spec guar betterm ent stk 50 d 40
Lit S chuyl N a v R R & C o a l(g u ) 50 d 41
L on g Island R R . . _________ 50 d _ _ - 75
Louis & M o R lv p ref (guar) 100
13
Louisv H end & St L co m .. 1 0 0
32
P referred ______ .
.
.. 1 0 0
130
L ouisville & N a sh v ille_______100
M a h on in g C oal R R
_____ 50 d 425
P ref (guar L S & M S) . . 50 d 45
40
M aine C entral .
_____
.1 0 0
80
P referred . _______________ 100
2
M a rylan d & P en n sy lv a n ia. .1 0 0
M assaw ippi V alley (g u a r)___100
345
M ich igan C en tra l.............. .......100
M ineh ill & S chuyl H a v (g u ). 50 d 52
6
M inn eapolis & St L ouis . . . 100
61
M inn eapolis St P & S S M . . 1 0 0
84
P r e f e r r e d - _____________.1 0 0
64%
4 % Leased Line C t f s . . . 100
23
M ississippi C e n t r a l.. _
100
15
M o K a n & T ex co m new w i . . .
40
36%
3 1%
P f part warrants fu ll p a id ____
10%
M issouri K ansas & T e x a s ___100
11%
P referred . . . _________ 100
1 6%
M issouri P a cific c o m ________ 100
44
P referred___ ______________ 100
60
M ob ile & B irm pref (guar) .1 0 0
M ob ile & O h io— See S ou th ’n R y
M orris & E ssex (q u a r)_____
50 d 77
115
N ashv C h a tt & St L o u is ____ 100
N ashv & D ecatu r (gu L & N ) 25 d 35
6%
N a tion a l R y s of M e x 1st p fd .1 0 0
Second preferred____ __
100
2%
N ew L on d on N orthern
. 100
118
N ew O rl T exas & M e x ico v t c . .
87
N Y B kln & M a n B pref (gu) .100
90
94%
N ew Y o r k C entral R R . . . . 100
D iv id en d p a ya b le in L o n d o n . Idx99

Ask.

/ F l a t p rice, k Last sale. I In L o n d o n , n N om in al, s Sale p rice. t N ew s to ck ,

P U B L IC

Bid.

Sto ck s

80
____
____
3 % N ew Y o r k & H arlem (gu ar).
5 % N Y L ack & W est (g u a r )___
60
42
53
11%
17%
1 2%
80
N orthern C ent (guar P a R R ) 50
N o r th ’ n N H (guar B & M ) .1 0 0
____ N orthern P a cific R y ________ 100
66
N o rth R R o f N J (guar E rie) .100
107
N orthern Securities C o stu b s ___
235
N o rth P en n sy lv (gu P & R ) . 50
____ N orw ich & W ore pref (g u a r ). 100
____ O gden M in e R R (g u C e n N J ).1 0 0
35
O ld C o lo n y (gu N Y N H & H ). 100
7 4% O ntario & Q u e b e c___________ 100
3 3% O sw ego & S yra c (gu D L & W ) 50
65
P a c C o a st C o— See M is c Stocks
P ennsylvania R a ilro a d _____ 50
14% P eoria & B ureau V al (g u a r ). 100
48
P eoria & E astern ____________ 100
____ P ere M a rq u e tte tem p v t C ..1 0 0
____
P ref tem p v o t trust c t f s . . 100
76
P rior p ref tem p v t c ___..1 0 0
16% P hila G erm & N orris (g u a r ). 50
11
P hila & T re n to n (gu P a R R ).1 0 0
47
P ittsb u rgh Bess & L ake E rie. 50
____
P referred ___________________ 50
P itts C in e C h ic & St L o u is . .1 0 0
113
P ittsb F t W & C h ic p ref (gu) 100
115
C o m m o n (guar Pa R R ) ___100
7 5 % P ittsburgh & L ake E rie _____ 50
P ittsb M c K & Y o u g h (g u a r ). 50
2 2 % P ittsb & W est V a c o m m o n . .1 0 0
5%
P referred__________________ 100
28
P itts Y o u n g st & A sh t p r e f . .1 0 0
6
P ro v & W orcester (g u a r )___100
112
R ailroa d Securities C o—
110
4 % 111 C ent S tock ctfs 1952
R ead in g C o m p a n y ____________ 50
____
1st p referred ________________50
90
2d preferred________________50
22
R ensselaer & S aratoga (guar) 100
57
R ic h F red & P o to m — C o m . . 100
10
D iv id e n d ob lig a tio n s_____ 100
____
6 % gu aran teed ____________ 100
82
7 % gu aran teed____________ 100
3 2 % R io G ran d e S ou th ern _______100
70
R o ch & Genesee V al R R ____ 100
____ R om e & C lin to n (gu D & H ) _ 100
69
R utland p referred ___________ 100
____ St Josep d & G ran d I s la n d . .1 0 0
96
1st p referred _______________100
____
2d p referred _______________100
43
St L ouis B rid ge 1st p r e f____ 100
____
2d p referred _______________100
95
St L ouis-San F r s to c k tr c t f s . 100
18
P ref s to c k trust ctfs Ser A . 100
37
St L ouis S outhw estern_____ 100
134
P referred__________________ 100
____ S aratoga & S ch en ecta d y (gu )100
____ S eaboard A ir Line c o m _____ 100
P referred__________________ 100
____ S h a ron _________________________50
____ Southern P a cific C o __________100
—
Southern R y c o m m o n _______100
P referred__________________ 100
54
M o b & O h io s to c k trust c t f s . .
7
S outhw est’ n o f G a (g u a r )___100
6 2 % T exa s & P a c ific _____________ 100
89
T o le d o St L & W estern c o m . 100
66%
P referred__________________ 100
26
T r o y & G r ’bush (gu N Y C ) . 50
15% T u n n el R R o f St L o u is _____ 100
4 0 % U nion P a cific— C o m m o n ___100
37%
P referred__________________ 100
33% U nited N J R R & C an al (gu) 100
11% U tica C hen & Susq V al (gu) .1 0 0
12% U tica C lin to n & B ingham tonlOO
16% V a lle y R R (N Y ) (g u a r)____ 100
4 4 % V erm on t & M ass (g u a r )____ 100
65
Virginian R a ilw a y ...................1 0 0
W abash R a ilw a y ____________ 100
82
Preferred A ________________ 100
125
Preferred B ________________ 100
37
W arren N J (guar D L & W ) . 50
7 % W estern M a ry la n d R y c o m . 100
3
1st p referred _______________ 1 0 0
128
2d p referred _______________100
88
W estern P a cific R R C o r p ___100
__
P referred__________________ 100
9 4 % W est Jersey & Sea Sh— C o m . 50
W heeling & L ake E rie R y ___100
101
P referred ___________
100
W iscon sin C en tra l___________ 100
W righ tsville & T e n n ille .co m . 25

d

d

d
d

Ask.

82
94
83
150
98
21
20
14
112 %
75
135
76
82
74 %
57
106
80%

84
96
85%
160
21%
20%
15
113%
80
145
77
74%
62
81%
72
77
113
92

65”

Id108
d 87
d 46%

d
d
d

d
d

47
114
14%
38
66
74
122
___
30
60
85
142
134
128
54
37%
92%
142
—

107
13%
3 7%
6 5%
73
119
200
26
55
80
139%
125
124
48
36%
92
135
120

70
77%
55%
55
125
280
275

66%

d 7 6%
d 53%
d 54%
120
270
265
280
285

—

85”
80
33

d
X

d

d

d

d

100“
90
36

108”
53
23%
41%
32%
57%
85
6
9%
40
90%
28%
66%
60
95
22
63
52%
50
109
137%
75
198
115
40
95
96
35
9%
27%
18%
64
1 1%
55
23%
17%
57
3 5%
8%
16%
2 8%
—

113”
57
24
42
32%
58
100
6%
10
42%
90%
29
67%
65
100
22%
70
53
60
114
137%
75%
204
121
50
101
98
40
9%
27%
19%
70
' 12
58
23%
17%
57%
36%
9
1 7%
29
——

x E x -d iv .

v E x -rig h ts .

U T IL IT IE S

(Includes street and electric railw ays, ga s, electric, p o w e r, w ater and telegraph and teleph one com p a n ies.)
N O T I C E .— A ll b o n d p r ic e s a re “ a n d i n t e r e s t ” e x c e p t w h e r e m a rk e d “ f ” a n d in c o m e a n d d e f a u l t e d b o n d s .
_________________•
__________________________________________________________________________________________________________________
B on ds.

Bid.

Ask.

Bid.

B on ds.

A d iron d a ck E lec P ow er C orp
A lto o n a & L ogan V al E lec R y —
95
1st M g old 5s 1962 o p t ___J&J
C o n g 4 %S 1933 gu _ _ F & A 15
93%
A d iron d a ck P & L 1st 6s’ 50.M & S
100
101% A m erican Gas deb 6s 2 0 1 6 ..J&J
83
A m Gas & E le c co ll 5s 2007. F&A
87
A k Can & Y ou n g st R y 6s 1 9 3 0 ..
93
A labam a P ow er 1st 5s ’4 6 . M&S
92%
D e b gold 6s 2014______ Nl&N
100
100% A m L t & T r 6 % n otes’ 2 5 . M&N
1st M 1 & ref 6s 1951____ J& D
95
A labam a W ater 1st 6s 1932. J&J
97
W ith ou r warrants ________
94
D ebenture 7s 1 9 2 4 . . ___ J&J
90
A m P ow & L deb 6s 2 01 6 . M&S
A m er P u b Serv 6s 1942___J& D
A lb a n y R y — See U nited T ra ct ’n
A lb a n y Sou R R 1st 5s ’ 3 9 .M & S
A m er P u b U til co ll 6s 1936. A & O
A lleg B ellevue & P errysv— See P hila C 0
A m er R y s co ll tr 5s 1931___F & A
A lton G ran & St T r — See E ast St L & Su b
/ This price Includes accrued interest,




h Last sale,

n Nominal,

Ask.

B onds

Bid.

A m erican T elep h & T e le g C o —
72
70
91%
C o ll trust g o ld 4s 1929___J&J
85
87
87
C o n v g 4s ’ 36 c o n v a f ’ 09.M & S
88
87%
C o n v 4 % s ’ 33 o p aft ’ 2 5 . M&S
1 01 %
96
98
C o ll trust 5s 1946 ______ J& D
97
s 109 %
C o n v 6s A u g 1925 ____ F & A
115
s 101
6 % n otes F eb 1 1924___F&A
101%
9 2 % A m er W W & E 1 5 s 193 4 . ..A & O
83%
91%
87
90
A m ericu s L tg 1st s f 6s ’ 3 7 . A& O
87
84
87
A n a cos & P o t R iv e r R R — See W ash R y
67
70
A p pa la ch ia n P ow 5s 194 1 . .J & D
90%
100
7 % g o ld b o n d s A u g 1 ’ 3 6 .F & A

r Canadian price.

* Sale price,

Ask.

tin

101%
98%
115 %
1 01 %
|83%

1

& E lec
* 91%
' 101

38

[V ol. 116.

PUBLIC UTILITY BONDS

N O T IC E .__ All b ond prices are “ and Interest” except where marked “ f ” an d incom e and d efau lted b on d s.

* *

10
0 0

A rd m ore St R y — See Phila C o
82
A riz o n a P o w 6 s ’ 3 3 o p t ’ 1 3 -M&N
91
Arkansas L & P 1st 6s ’ 4 5 .A & 0
97
C o n v 8 % notes 1931___M&N
A sh eville (N C ) P ow & L igh t—
92%
1st s f g 5s 1942 o p t ____ A&O
A shland (W is) L , P ow & St R y
83
1st M gold 5s 1939_____ J&J
A tch ison R y , Light & P ow er—
1st 5s N o v 1935............ .M & N
A thens (G a) R y & E lectric—
75
1st & ref s f g 5s ’ 50 op ’ 15 J&J
A tlanta C ons St R R — See G a R y & E l
94
A tla n ta Gas L t 5s g 1 9 4 7 ..J& D
A tlanta N o r R y — See G a R y & E l
A tla n tic A v e R R — See B k ly n R ap T r
A tlantic C ity (N J) G as—
77
1st g 5s Jan 1 ’ 60 op t ’ 2 0 . J&J
A tl C ity & Sh R R 5s ’ 4 5 . .J & D
45"
A tlan C oast E l 1st 5s ’ 4 5 . .M & N
A uburn & Syracuse E lec R R —
45
1st & ref g 5s ’ 42 o p t ’ 1 2 .A & O
A ugusta-A iken R y & E l C orp —
39
S in k fd g 5s D e c 1 ’ 3 5 op t.J & D
85
A ugu sta R y & E l 5s ’ 4 0 . .J & D
A urora E lgin & C h ica go RR—
1st & re! g 5s 1946 o p t ___J&J
A E & C Ry 1 s tg 5s ’ 41 A & 0 1 5
B alt & A n n S L — See M d E l R y
95
B alt E lec 1st g 5s 1947 g u _ .J & D
B alt Sar P t & Ches— See U n R y & E lec
B alt T ra ction — See U n R y & El
B an gor (M e )P o 4 -4 % -5 s ’ 3 1M & S
90
B an gor R y & E l 1st 5s 1 9 3 5 .J&J
B a ton R ou g e E lectric C o—
89
1st m tg e 5s 1939________ F&A
98
B a y C ounties P ow 5s 1 9 3 0 .M & S
B eau m on t G L 6s 1944____ J& D
67
B eaver V al T r gen g 5s’ 5 3 .M & N
98%
B ell T e l C anada deb 5s ’ 2 5 . A&O
1st 7s A p ril 1925________ A&O
B ell T elep C o o f Pennsylvania—
98 %
1st & ref 5s 1948 Ser B ..J & J
B in gh am ton (N Y ) L , H & P —
86
1st ref 5s 1946____________ F&A
62
B ingham t R y 5 s ’ 31 o p ’ l l .M & N
B irm K n o x & A1— See Phila C o
B irm ingham R y , Light & P ow —
76%
G en ref g 4 % s ’ 54 op ’ 0 9 . A&O
86%
R e f & ext g 6s 1957____ M&N
95
B irm R y & E l 1st g 5s ’ 2 4 . J&J
98
B lack stone V al G & E 5s’ 3 9 . J&J
Ry^
B leecker St & Ful F erry— SeeN
105
B lue Lakes W a t 1st 6s *38. M&S
99
B oston E l L 1st co n 5s ’ 2 4 .M & S
8 1%
B oston E lev R y 4s 1935___M&N
8 3%
D e b g 4 % s O ct 1 1 9 3 7 ..A & O
8 2%
D e b g 4 % s N o v 1 9 4 1 ..M & N
87
D e b g 5s D e c 1942_____ J& D
100
D e b 6s M a rch 1 9 2 4 . . . . . M&S
91%
W est E n d St 5s 1 9 3 2 ... M & N
90
5s M a y 1936__________M&N
87
5s M a rch 1944________ M&S
100%
F&A
7s A u g 1924...........
110
7s Sept 1947_________ M & S
90
4 % s July 1 1930_______J&J
85
4s A u g 1 1932________ F & A
101%
6 % s F eb 1 9 2 7 ............ F&A
80
B os & W ore St R y 434s ’ 2 3 -F & A
92
B rid gep ort G as L t 4s 1 9 5 2 .. J&J
B ridgeport H yd rau lic C o—
99%
5 % gold notes June 1925_____
B w a y & 7 th A v eR R — S eeN Y R y s
B w a y Surface R R — See N Y R y s
B ron x G & E 5s ’ 60 op a ft’ 20_ J&J
85”
B k ly n B oro G as 5s 1945 o p . J& D
B k ly n C ity & N ew R R — See C I fc B k
B rook lyn E d ison C o—
95%
101%
G en M 7s Ser D 1 9 4 0 ..

der K
/ 72
E q u it T ru st ctfs o f deposit / 72
/ 60%
/ 91
/ 90
T e m p ctfs dep stam ped. / 8 6 %
85%
/ ....
/
/

S tam ped gu aran teed .
S tam ped gu aran teed.

B row nsville A v e — See Phila C o

H a m b u rg R y 4s 1926.

7 9%
66%
83%
83%
72%
7 2%
> / 90
/ 62%
80
> / 75
96%
104%
113%
113%
—
100
98
114%
J ------/ 12
—
94
80

B urlington (la ) R y & Light—

73
99

/ This price includes accrued Interest,




B on d s.

Ask.

Bid.

Bon d s.

Bid.

Ask.

Bon ds.

Bid.

Ask.

N ew ark & Zane*
C aliforn ia Gas & E lec C o rp —98
97%
Sink fun d g 5s 1933 o p t.M & S
84
83
88
96
96%
C o 1st & ref 5s June 1937____
U nit & ref g 5s ’ 37 o p s f .M & N
93
93
97%
1st & ref 6s (stam ped) 1937___
C al C ent Gas & E l 5s ’ 3 1 .F & A
101
olu m b u s (G a) E lec & P ow er—
C alifornia-O regon P ow er—
106%
6s 1947__________________J& D
1st & ref 7 % s Ser A ’ 41 __ F&A
95
91%
99
98
1st & ref 6s 1942 Ser B ___J&J
—
C al P a c R y — See P a cific E le c R y
85
90
70
1st guar 5s 1935_________ J& D
C alum et & South C h ica go R y —
65
70
ol L on d & Springf R y — See In d C ol & East
1st M rehab g 5s’ 27 o p r12 F&A
olum bus N ew ark & Zanesv—
C am den & Sub R y — See P u b lic S ervice C or
10
5
1st go ld 5s 1924__________M&S /
C anadian General E le c , L td —
80
7
102
100%
G en & ref g o ld 5s 1926. M&N / . . . .
D e b g 6s 1942 Ser A ____ A&O
78
79
C o l B u ck L ake & N ew T ra c
C anadian L & P 5s’ 49 o p ’ 14.J&J
20
5
1st gold 5s 1921_____ M & N /
C anal & C laib R R — See N O R y & L
12
6
______
9 4%
Zanesv R .L & P 5sM ar’ 2 4A & 0
C an ton E le c C o 5s 1 9 3 7 ..M & N
80
75
C o lu m & 9th A v R R — See N Y R y s
'C a p e B reton E lec C o 5s '3 2 . J&J
.9 4 %
97
C olu m bu s (G a) P ow 5s ’ 3 6 . A&O
C apital T ra ctio n (W ash , D C ) —
97
C olu m bu s R y , P ow & L ight—
1st g 5s June 1 1947_____ J& D
8 9%
88%
63
67
1st ref & ext s f 5s 1 9 4 0 .. A&O
C arbon d ale R y 5s N o v ’ 3 3 .J& J
100
99%
93
94
R e f m tg e gold 6s 1941___J& D
C arolina P ow & L t 5s 1 9 3 8 .F & A
75%
74%
50
C ed ar R ap id s M£g & P ow er—
C ol R y 1st 4s ’ 39 o p t ’ 1 4 .Q -J
90
88
95%
96%
C o l St R y 1st 5s g 1 9 3 2 ..J&J
1st 5s 1953________________J&J
90
87
C ross St 1st 5s g 1933. J& D
41
C entral A rk R y & L igh t C orp —
7 5%
74%
92
95
87
C o m ’cial C able— 4s g 239 7 . .Q -J
l s t l s f 5s 1928___________ M&S
41
C om m on w ealth -E d ison C o —
C entral C alif T ra c 5s 1936. A&O
97%
98%
1st g 5s June 1 1943____ M & S
C ent C rosst’n R R — See N Y R ys
108%
107%
1st g 6s June 1 1943____ M & S
C entral D istrict T elephone—
100
7 % co ll g o ld n otes 1925. J& D
1st s f g 5s 1943 o p 1 9 1 8 .J&D
97%
98%
R ys
C o m ’w ealth E l 5s Ju n e’ 4 3 .M & S
C ent G a P ow — See G a L , P ow
89
85
85
C o m ’w ’th L & P 6s 1 9 4 7 ..M & N
C ent H u d G & E 5s 1 9 4 1 ...J & D
C om m on w ealth P ow er C orp —
C o n v deb 6s 1925_______A&O
88
88%
S f g 6s M a y 15 1947. M&N 15
C o n v d eb 7s 1935________ J&J
' 96”
'8 8 %
93
G en & ref 6s 1939________J&J
C ent Illin ois L t 1st 5s 1943. A&O
100
99
1st 6s 1943 _____________ A& O
C om m on w ealth P ow er (M ic h )—
97%
9 8%
105
108
92
1st g 5s D e c 1 1924______ J& D
1st 7 % s 1943____________ A& O
C o m p t H ts & M e r T e r— See Un ited R y s
C entral Illin ois P u b lic Service—
79
80
1st & ref go ld 5s 1952____ F & A
C on estog a T ra c 1st 4s 1950. J&J
60”
65”
93
95
72
C o n e y Isl & B k lyn R R 4s ’ 48J& J
C ent Indiana G as 5s 1931 .M & S
C on sol gold 4s 1955____J&J / 50
C entral Indiana P ow er C o—
75
70
B C & N 1st con s 5s 1 9 3 9 .J&J
1st & ref 6s 1947 Ser A ..J & J
*95%
'9 6 % C o n n L igh t & P ow er—
C en tM a in eP ow 5s’ 3 9op ’ 19M & N
112
110%
102
104
1st & gen M 7s 1941____ J& D
1st & ref s f 7s ’ 51 Ser A . M&N
98%
93
101
98%
1st & gen 6s 1942________ J&J
C on n ecticu t P ow er 5s ’ 6 3 .A & 0
93
88
89%
1st & c o ll trust 5s 1956___J&J
C entral N Y G & E 5s 1 9 4 1 .J&J
102%
101
93
96
C entral P ow & L t 6 s l 9 4 6 ._ A & 0
7 % notes D e c 1926__________
84%
97
C onn R y & L t 4 % s 1951___J&J
1st 1 & ref 6 % s 1 9 5 2 ...M & S
85
84
C en tra lR y— SeeU n R y& E l (B alt)
Stam ped guaranteed o p tion a l.
96
7 6 % C entral T ra ctio n — See P hila C o
C o n n L tg & P ow 5s ’ 3 9 . J&J
95
97
87
C harleston C ons R y , Gas & E l—
C on n R iv P ow 1st 5s 1937. J& D
84
88
98
C on sol gold 5s 1999____ M&S
C on solid a ted C ities L , P & T r —
75
70
100
1st lien 5s 1962 s tm p d ___J&J
C h ’ s’ t’n C ity R y 1st g 5s 1923
—
100%
102
—
C onsol G as o f B alt 5s 1939.J& J
E x t at 6 % to Jan 1938. J&J
88
87
____ C h a tta n ooga R y & L igh t—
G en g 4 % s A p r 1 9 5 4 ...A & O
80
77
C onsol G a s, E le c L & P (B a lt)—
1st & ref g 5s 1956 o p T 6 .M & N
92
91%
80
83
G en g 4 % s F eb 14 1 9 3 5 ..J&J
C h a tt R y s 1st con s 5s’ 56M&N / 78
107%
107
97
98
85
1st ref s f 7s 1931 Ser C .A & O
Ches & P o t T e l 5s ’ 29 op ’ 0 9 .J&J
102%
103
93
95
84
1st ref 6s 1949 Series A . .F & A
Ches & P o t T e l o f V a 5s’43 M&N
98%
9 9%
90
1st ref 5 % s 1952............ M & S
C h ica go A urora & E lgin R R —
90
86
n 88
90
100%
C on sol Gas N J 5s g 1936___J&J
R e f & im p 7s 1947 w i ______
83
—
____
1st ref 5s 1965___________A&O
D ebenture 6s 1972 w i ________ / 28
C on solid a ted G as (N Y ) —
C h ica go C ity & C on n ectin g R y s
H & P
47
47%
C o l l t r s f g 5s Jan 1 1927. A & O
U nderlyin g cos— See N Y G E L
93
90
76%
7 7% C on sol L tg C o (V t) lst5 s ’ 26 J&J
C h ica go C ity R y 1st 5s ’ 2 7 . F&A
____ C hicago E leva ted R ailw ays—
C on sol L , H & P o w (W est V a )—
93
15
1st go ld 5s D e c 1946____ J& D
5 % notes 1916 ext 1 9 1 9 ..J & J n 14
—
49
C on R y (N e w H a v )d e b 4s’ 54.J& J
C h ica go June R R 4s 1945. . M&S
47
____ C h ic N orth Shore & M ilw R R —
D e b 4s 1955______
..J & J
52
—
85
88
D e b 4s 1956 g u a r________ J&J
85
1st m tge go ld 5s 1936____ J&J
____
46
100
97
94%
C ons go ld 4s 1930______ F&A
7 % gold notes ’ 30 Ser A . J& D
C h ica go & O ak P ark E le c R y —
C on s R y & P ow (S a ltL a k e )— See U ta h L & R y
—
100
L ake St E l 1st 5s 1928 g u . J&J
C ons T r (N J )— S eeP ubServC orp
94
96
C h ica go R ailw ays C o—
C on W a t o f U tica— 1st 5s’ 30J&J
94
90
7 7%
1st M go ld 5s 1927 o p t ..F & A
D e b 5s Jan 1 ’ 30 o p 1911. J&J
59%
6 0% C onsum ers E l L & P (N ew Orl)
C on s M 5s Ser A F eb ’ 2 7 . A & O
86
85
45
44
1st M 5s 1936____________ J&Jr
Series B F eb 1927____ J& D
87%
22
25
RR
Series C F eb 1927____ F & A
C onsum L . H & P C o (E liz , N J )
90
—
53
—
5s 1 9 3 8 . . . .............
J& DI
P u r m on 4-5s F eb ’ 27 o p . J&J
24
96
C onsum ers P ow er C o (M ic h )—
A d ji n c 4 s F e b 1927 o p t . .M a y n 22
9 5%
94%
102% C h ic Sou B end & N o r In d R R —
1st & ref g 5s 1936 o p T 6 . J&J
90
9 0%
45
48
1st g o ld 5s Jan 1 1 9 3 7 . . . J&J
106
1st 1 & unu 5s Ser C 1 9 5 2 .M & N
99%
100% C ontin ental Gas & E lectric—
107% C h ica go T elep 5s ’ 23 o p ’ 13.J& D
93
9 3%
C hippew a P ow er C o—
1st lien c o ll tr 5s 1 9 2 7 ..M & N
,
96
100
73
1st gold 6s 1947 Series A . J& D
C rosstow n St R y — See C o l R y & Lt
73
Chris & 10th Sts R R — See N Y R y s
C ross St R y — See In t T r (B uff)
C um berland C o (M e ) P ow & L t—
6 1% C icero Gas— See N orthw est Gas L igh t & C ok e
1st & ref gold 5s 1 9 4 2 . . . M & S
9 1% C incinnati G as & E lectric—
94%
98%
9 8 % C u m b ’land T & T 5s 1937. .J & J
*
93%
1st & ref 5s 1956 Ser A ..A & O
91
105%
> 104
97 %
9 7 % C u ya h og a T e le p 1st 7s ’ 4 1 .J & D
8 7%
P r l& r e f M 5 % sJ a n ’ 6 1 B .A & 0
D a k o ta C entral T elep C o—
8 6% C incinnati G as T ransport a t’ n—
100%
1st gold 6s 1935_________ J& D
1st 5s 1933 guar o p 1913.J& J
—
1
93”
97”
100%
D allas G as 1st g 5s ’ 25 o p . M&N
D ou b le guarantee ............
103
100
D allas P ow & L t 6s 1949 ___ J&J
C in N ew p ort & C o v L & T r—
100
1
82%
1st ref 6s 1947 Series A ..J & J
D a n v St R y & L C o 5s’ 23-25 .J & J
67
100
So C o v & C in e 6s 1932___J&J
D a nville Urbana & C h a m p R y
84
99%
98%
1st 5s 1923 o p tio n a l____ M&S3
8 4 % C ities S ervice C o—
i
93
D a rb y M ed & C hes R y — See Phi la R T i
C o n v g deb 7s 1966 Ser C . J&J
77
101
96
D a y to n a P u b Serv 7s ’ 4 2 . . J&J
74% C itizens’ G as (Indianapolis)—
92
95
89
87
95
1st & ref go ld 5s 1942____ J&J
D a y to n (O )G as5 s’ 3 0 o p ’ 15.M & S
96%
94%
C itizens L .H & P (Johnst’n , Pa)
D a y to n L tg 1st 5s’ 37 o p ’ 12.M&S
64
91
93
93
1st g 5s 1934 op t 1 9 1 4 .-M & N
D a y to n P ow & L 1st 5s ’ 4 1 . J& D
85
101
100
1st lien & gen M 7s 1923. M&S
C itizens’ R y & L t— See M u scati ne L t & T ra c
7 5%
D efia n ce (O) G & E 5s 1 9 4 2 .M & S
C itizens St R y — See In d T ra c & T er
99
D elaw are C o & Phila— See U n P & T ran
104% C itizens’ T ra ct— See P hila C o
94
D en ver C ity T ra m w a y—
114% C ity E lec San Fran 5s 1 93 7 .J&J
52
48
99
95
1st & ref g 5s 1933 o p s f . M & N
114% C ity L & W ater (T e x ) 6s ’ 24 J&J
83
y
C ity & Sub R y — See P o rt (Ore) R
C o n T ra m co n g 5s 1933. A & O
94
96”
El
D e n v G as & E l 1st g 5s’ 49.M & N
C ity & Sub R y — See W ash R y &
87
8 8%
1st & R e f 5s 1 9 5 1 _____ M & N
l O i ” C larion R iv er P ow er C o—
104
101
106
9 9%
G en M 7 % s Ser A 1946. M&S
1st M g o ld 6 % s 1947____ J&J
100
99
9 9 % D en ver T ra m w a y P ow er C o—
C lev E l 111 1st 5s’ 39 o p ’ 2 4 .A & 0
116
92
107
106%
G o ld deb 7s 1941________F & A
1st im p g gu 5s’ 23 o p ’ 0 8 . A&O n 90
15” C lev e Pains & E ast C o n 5s ’ 18—
D en ver T ra m w a y Term inals C o
n 75
70
60
90
E x t at 7 % to 1923____ A & O
1st M g g u 5s 1 9 2 8 -4 0 ...M & S
9 7 % D en ver U nion W ater—
96
C leve R y 1st 5s 1931 o p t . _ . M&S
100%
100 %
C leve Southwest & C olu m R y —
SoP latteC anal& R es5s’ 23.J & J
107
103
50
D erry (N H ) E lec 8s 1 9 5 1 .M & S
1st gen co n 5s 1927 o p t . . A&O
85
45
C lev& S W 1st 5s’ 2 3 o p ’ 13.F & A / 35
D es M oin es & C ent la E le c C o—
99
95
S F 6s 1937 o p t Ser A . . . M & S
C l B erE ly & O b e r 5s g ’ 19. M&S
76
85
89
"7 0 "
~60
C lev e E ly & W est 7s ’ 2 3 .F & A
S F 5s 1937 o p t Ser B . . . M & S
100
75
89%
C oast C os L & P 1st 5s’ 4 6 o p F & A
D es M o in e s C ity R y 5s ’ 3 6 . J&J i 70
100%
100%
93
91
D e tro it C G as 5 % g M ’ 2 3 . .J & J
C olorad o P ow er 1st 5s ’ 5 3 . M & N
97
100%
99%
9 5%
9 5%
P rior lien 5s 1923________J&J
C olu m bia G & E 1st 5s ’ 2 7 .J & J
9 5%
95%
1st M 6s 1947 Series A ___J&J s 100% s 100 %
S ta m p ed _____________
92
93
95
95
D e t & Sub Gas 1st 5s’ 2 8 .J & D
D ebenture 5s 1927_______J&J
C olu m bia (S C ) R y , G as & E l C o
85%
83%
1st M s f g 5s 1936_______J&J

_
_

k Last sale,

n Nominal,

r Canadian price.

39

PUBLIC UTILITY BONDS

F eb ., 1923.]

N O T IC E .— A11 bond prices are “ an d in te re st” except where marked “ f ” an d Income an d d e fau lte d bonds,
B on d s.

B id .

A lt.

99)4
D etroit E d ison 1st g 5s ’ 3 3 -J&J
99)6
96 )6
1st & ref 5s J u ly 1 '4 0 _M&£
95)4
103
103)4
lst& ref 6 s J u ly ’ 40 Ser B .M & S
112
110
C o n v d eb 8 s Jan 1 0 1931-J& .
10334
103 )4
C o n v deb 6 s D e c 15 1932 J&E
82 34
83
D et U nited 4 )4 s 1932 op t_J & .
105
106
1st M s f 8 s 1 9 4 1 _______ F&A
7 % c o ll trust n otes 1 9 2 3 -A&O
10034
10034
De't R y 1st 5s ’ 2 3-’ 2 4 ____ J&D
99
9634
D et F t W a y n e & B elle Isle—
1st g 5s A p r 1 1928____ A&O
9 1)4
D e t M o n & T o l Short L ine R y
1st M g 5s Jan 1933_._J& ^
9 0)4
D et & P on tia c— 5s g ’ 2 2 . F&A
88
C ons g 4 )4 s ’ 26 op ’ l l J& D
D e t & P t H uron S hore Line—
82
1st g old 5s 1950_______J&J
77
D et Y p s il A n n A rb o r & J ack —
93
1st gold 5s 1926_______F&A
91)4
D Y & A A C o n 6 s 1924 _ - F&A
97
D om in ion P ow & T ra n sm is’n—
1st 5s 1 9 3 2 -_ - . _______A&C
88
91
D D E B & B R R — See T h ird A v R y
95
D u lu th E d E l 1st 5s’ 31 op_M & S
D u lu th -Su perior T ra ction C o—
90
D u lu th St R y 1st g 5s’ 30 M&N
8 8 )4
78
81
G en M 5s 1930______ M&N
D u quesne L ight— See P hila C o
D u qu esn e T ra c— See Phila C o
Eastern M ass Street R y C o —
98
Serial ref 6 s Jan 1924-1929 —
R e f M 4 )4 s 1948_________ J&J / 70 34
R e f M 5s 1948___________ J&J / 7 4)4
99
L ow L aw & H lstg 5 s’ 23 op J& D
L yn n & B os 1 st 5s g ’ 2 4 .J&D / 98)4
Eastern Pa R ys 1st 5s 1936-J&J
78
80
88
91
E astern T ex E l C o 5s ’ 4 2 .M & N
7 % co n v g notes 1925_ - M&N
101J4
10034
E astern W isconsin E lectric C o —
89
l s t & r e f 5s 1947_________ M&S
G en M 7 % notes 1 9 2 3 --M&S
99 %
East W ise R y & L 5s '2 3 .A&C
9934
88
92
S heboygan E lec 5s 1946. -J&J
East B a y W ater 5J4s 1946 J&J
100
9 9 )4
104)4
104)4
U n & ref 7 )4 s ’ 36 Ser A -M & S
East St L ouis (Ills) L t & P ow —
93
1st 5s 1940______________ J& D
E ast St Louis & S uburban C o —
C o ll trust g 5s 1932 o p t-A & O
79
7 9)4
A lto n G ran ite & St L T ra c—
f 1st con s gold 5s 1 9 4 4 -.F & A
59
60
E aston C on s E l 5s 1949 _M&N
E co n o m y L t & P ow (J oliet, 111)
93
H - 1st M S f gold 5s 1956- - . J& D
R
95
E d ison E lec Ilium of B oston —
5 3 4 % gold notes 1 9 2 3 -.J & J 1 5
5 3 4 % gold notes 1925. .J& J 15
E d ison E lec 111 (B k ly n ) See K ings C o E L & P
E d ison E l 111 (N Y ) See N Y G E l L & P
E dison E lec C o (L ancaster)—
E ighth A v e R R — See N Y R y s
E lec & P eop— See Phila R a p T r
E lectrical Securities C orp —
C o ll tr g s f 5s 1935 o p t - . F&A
E llz P lain ! & C ent J\ See P u b lic
E llz & T ren ton R R |
Serv C orp
E lm ira W a te r, L igh t & R R —
87
1st & c o n g 5s 1956_____ M & S
92
E l P aso E l C o c o ll tr g 5s’ 32_ J&J
7 % notes 1925____________J&J
100)4
E m pire D istrict E lectric C o —
1st 5s 1949______________ M & N
77
E m pire G as & E lectric C o—
G en & ref 6 s Ser A 1 9 5 2 -J& D
E m pire G as & E lec and E m pire
85
G oke j t lst& ref 5s '41 op.M & S
E m pire G as & Fuel—
1st M s f 6 s 1926________ M&N
100)4
lst& ref co n v 7 )4 s’ 37SerAM&N
9 3)4
E qu it G & E U tica 5s 1942. A&O
93
102
E qu it 111 G a s, P h ila , 5s g ’ 28.J& J
E rie E l M o t o r s f g 5s 1951. A&O
E rie L tg 1 st M 5s 1967____ A&O
8 9 )4
E va n sv G & E L 5s’ 32 o p ’ 12.J& D
91
E va n sv & Sou In d T ra ction —
E va n sv & Princ 1st 5s’ 23 A&O
96
E xcelsior Springs W a t, G as & E l
1st M 6 s 1932 o p t - . - J& D
9234
Fairm ont & C larksburg T r a c ’n
92
1st g 5s 1938 op t 1913___A& O
Federal Light & T ra ction —
84
1st s f g 5s 1942 o p t ____ M&S
92
1st lien g 6 s 1942 s tp d .M & S
F ed St & Pleas V al— See Phil C o
96
Flint Gas 5s 1924. .
-M & N
F t P itt T ra ction — See Phila C o
F t Sm ith Light & T ra ction —
1st M g 5s M a r 1 ’ 3 6 o p t .M & S
80
F t W V an W ert & Lim a T ra c—
1st M g 5s 1930 gu a r____ J&J / -----9 5 )4
F t W o rth P ow & L 5s ’ 3 1 . .F & A
42d St M & St N A v — See T h ird A ve R y
F ra n kf T a co n y & H olm esb R y —
65
1st gold 5s July 1940____ J&J
G a lv E lec C o 1st 5s ’ 40 o p . M&N
85
G a lveston -H ou ston E lec R y —
86
1st M s f g 5s 1954 o p t ___A & O
G as& E l o f Bergen C o 5s’ 4 9 .J& D
93
87
G en 5s N o v 1 1954_____ M & N
75
G eneral G & El 1st 5s ’ 3 2 . .J& J
6 % gold bon d s 1929____ M & S
88
G eor R ow & Ips— See B os & N or St R y
G eorgia L ig h t , P ow er & R y s—
____
1st lien s f g 5s 1941 o p t .M & S
89
C en tG a P ow 5 s’ 38 o p ’ 1 3 .M&N
G eorgia R y & E lec 5s 1932. J&J
9 5 )4
R e fg & im p t g 5s '49 s f .. J & J
88
A tlanta C on s St 5s 1 9 3 9 ..J & J
96)4
95
G eorgia E lec L t 5s 1 9 3 0 .-J& J
A tla n ta N orthern R y C o—
____
1 st guar 5s ’ 54 o p ’ 9 0 . .J& J
G eorgia R ailw a y & P ow er—
89
1st & ref s f 5s 1954 o p t . . A&O
G en M 6 s 1947(1922 Ser) A&O
97)4
G rand R a p G r H a v & M u sk R y
1st g 5s July 1 1926___ J&J
9334
G t Falls P ow 1st 5s ’ 40 o p . M&N
9834
/T h i s

price Includes accrued interest.




90
95
10134
80

87
10134
9 3)4

90)4
93

9534
93
86

94
98

96
72
88

78
89

92
89
9734
97

8 9)4
9 8 )4
9534
100
1 Last

B on d s.

B id .

A lls .

B on d s.

B id .

A it

,

Great Lakes P ow er, L td —
K ansas C ity R ailw a ys—
48
1st M 6 s 1923-1944____ M&N b 6 X 9
5 .7 5 ?
1st M 5s J u ly 7 1944____ J&, 1 / 46P
93
95
G reat N orth P ow 5s 1 9 3 5 .-F & ^
2d M 6 s J u ly 7 1944____ J&, 1 /
11 y
12)4
12
9 2P
G reat W est P o w 5s 1946 o p . J&» l
94
2d M 5s J u ly 7 1944____ J&, 1 /
9
C on v deb 6 s 1925............ M&N
98
C oll go ld notes 7s M a y 15
99
55
1st & ref 6 s M a r 1 9 4 9 -..M & 1
1921 ______________ M&N 1 5 / 52
98)3
95
97
C o n v 8 s 1936. ______
F&A
109
110)4 K ansas E le c P ow er 6 sl9 3 7 .J & E i
1st & ref 7s 1950 Ser B ..J & ,
____
107
K ansas E le c U til 5s 1925 A&C i
95
G reen sb oro E lec— See N o r Care P u b lic Serv
Kansas G & E 6 s 1952____ M&S
94)3
87 p
G reenw ich T ra m 1st 5s ’ 3 1 .J & .
D e b g 6 s 2022 Ser A . .
M&S
70
8 8)4
H ackensack W at 4s’ 5 2 o p ’ 12J&,
82
K e n tu ck y T ra ctio n & T e r m ’l—
81H
75)4
73 X
H agerstow n & F rederick R y —
1st & ref gu 5s ’ 51 o p t ’ 14.F&.A
93
85fc
1st & ref 6 s 1944________A&C
9 0 )j
L exin gton R y 1st 5s ’49J& E
§6
H am burg R y — See B u ff & Lake E rie ( rac
K e y T e l 1st g 5s ’ 35 o p ’ 0 8 .J & ,
92
93
98 %
H arrisburg L & P 5s 1 9 5 2 .F&A
K in gs C o E L & P 1st 5s’ 37 A& C
H art M a n & R o c k 5s 1 9 2 4 .A & 0
____
80
P urch m o n e y 6 s g 1 9 9 7 ..A & C ' 1 1 0 ) 6
103 X
Hart St R y — 1st g 4s 1 930.M & S
C o n v d eb 6 s 1925_______M&g
80
88
89
H a rw ood E l 5s ’ 39 o p ’ 14___J&.
91
E d ison E l 111 B kln 4s ’ 39 J&.
89)4
1st & ref s f g 6 s ’ 42 o p .M & g
K in gs C o E le v R y — See B k ly n I ap T r
100
____
____
H avana E le c R y L & P ow er—
K ings C o G a s& Ill 1st 5s’ 40.A & C
83
G en M 5s 1954 ser A ___M &S
80 M
80)6
83 ) 6 K in gs C o L tg 1st ref 5s ’ 5 4 .J & .
98
H a va n a E lec R y 5s 1952. F&A
90
91
1st ref 6 )4 s 1 9 5 4 . ____ _J&.
98)6
H elena L & R y 1st 5s ’ 25 o p M & S
81
83
K in g sp ort U tilities—
85
90
Hest M a n & Fair Pass R y — See P hila E T
1st 6 s 1937 Ser A . ............ A&C
95
100
H om e T elep & T eleg (L os A n1st 7s 1937 Series B _____ A&C
92
94
geles, C al) 1 st 5s 1933.J& J
94 X
K in lo ch L g D ist T e l 5s’ 29.J& J
1st refg 5s 1945 . .
_J&J
K in lo ch T elep h 6 s 1928___F&/1
1 0 0 )6
9034
____
____
H om e T e l & T el o f Spokane—
K n o x v G as 1st 5s’ 33 o p ’ 1 3 .A&C
9234
1st M g 5s M a y 15 ’ 36M &N 15
9 3)4 K n o x v ille R ailw a y & L igh t—
84
65
H ortonia P ow er 5s 1945___F&A
8 4)6
R e f & ext 5s 1946 o p t ___J&E
____
94
H ou gh ton C o (M ich ) E l L t—
K n o x v ille T ra c 5s 193 8 . .A & C
90
1st g 5s Jan 1 1927 o p t -.J & J
K o k o m o M a rion & W T ra c—
104
H ou g h ton C o T r 1 st 5s ’ 3 7 . J&J
40
104)6
1st g 5s J u ly 1 1 9 3 3 .______J&J
H ous E l 5s 1925 o p 1 9 1 0 .-F & A
97
Lackaw ann a & W y o V al R T —
99
86
89
H ous H om e T elep 5s 193 5 .M & S
C oll trust 5s 1951............ F & A
H ou ston L & P ow 5s 1931. A&O
96
L aclede G as L igh t—
9 5)4
9 4 )6
95
H udson C o G as 5s g 1949. M&N
94 M
R e f & ext g 5s 1934 .
A&O
9434
H yd rau lic P ow o f N iag F alls—
101
1 0 1 )6
1st coll & ref g 7s J an ’ 29.F & A
96.45
1 st & ref 5s 1950 ________J&J
99
100
1st M co l tr 5 )4 s ’ 53 Ser C F&A
R ef & im p t 5s 1951 . . A&O
97 a
9 8 )4 L ake R oia n d E le v — See Un R y s & E lec
____
Id a h o P ow er 1st 5s 1947____ J&J
91
93
L ake Sh E lec 1st co n g 5s’ 23 J&J
103
1st lien gen M 8 s 1930___J&J
5 9)6
G en g o ld 5s F eb 1 f 9 3 3 . . F&A
____
Illinois C ent T ra c 5s ’ 3 3 -.J & D
83
L o r & C lev g 5s’ 27 o p ’ 1 7 .J & J
Illinois N orthern U tilities C o —
Sand F rem & So 5s i9 3 6 .J & J
____
1st & ref 5s 1957 o p t ____ A & O
80
81
T o l F rem & N o 6 )4 s ’ 2 5 .J & J
Illinois V alley R y 1st 5s’ 35 M & S
84
L ake St E le v R R — See C h ic & O ak P k E lec R y
94
9 5 )6
Indiana C olu m bus & E T ra c—
L aurentide P ow 5s 1946.
J&J
92
G en & ref g 5s ’ 26 o p ’ l l M&N / 15 ) 6
91
18
Lehigh P ow S ec 6 % n o te s ’ 27F & A
103
105
C ol L on & Spring! 5s ’ 20 A & O
LeTiigh N a v E le c 6 s 1 9 4 3 .J&J
Indiana E le ctric C orp —
Lehigh V alley T ransit—
1st M 6 s 1947 Ser A ___M & N
90
1st M g 5s D e c 1935 o p t .M & S
9 2)6
9534
83
Indiana L tg 4s 1958 o p ____ F & A
74
81
78
1st M g 4s D e c 1935 o p t .M & S
92
Indiana & M ich E l 5s 1957. F&A
95
75
.J & D
C on s g 4s 1935_____
76
Indiana N at Gas & O— See P eop le s G L & C ok e
R e f & im pt g 5s I9 6 0 . .J & D
Indiana P ow er 6 s 1944___M & N
88
89
100
C o ll trust 6 s 1 9 2 3 .. . . J&J
100)4
1st lien 734s 1941 ser A .M & N
102
90
L eh V al L & P 5s 1 9 4 3 ..A & O
100)4
8 % co n v notes 1 9 2 3 -2 5 ..A & 0
97
101
L exin gton A v e & P a v F er— See N Y R ys
95
Indiana R y & Lt 1st 5s ’ 4 3 . J&J
91
L exin gton (K y ) R y — See K y T r & T erm
Indiana S ervice C orp—
L incoln G as & E l 5s 1941 J& D
82)4
1st & ref m 5s Jan 1 1950-----84
(S t L o uls)
L indell R y — See U nited R y s
/ 59
94
61
L ittle R o c k G & F 6 s 1937.M & N
89
Indiana U nion T ra ctio n —
L ittle R o c k R y & E lectric—
1st g 5s July 1 ’ 33 o p ’ 08 A & O /
40
50
99
1st g 5S 1933 o p t 1908. -A & O
100)4
Indiana N o r 1st g 5s '3 3 -A & O / 40
50
99
R e f & ext g 6 s 1938_____ A&O
1 0 0 )6
Indianap C olu m bus & S ou T r—
L o ck p o rt & O lco tt R y — See int T ra c( B uffalo)
1st M g 5s F eb 1 1 9 2 3 .. . F&A
95
99 K
92
L o ck p o rt L , H & P 5s 1938. J&J
Indianapolis G as 5s 1 9 5 2 .-A & O
87
88
L on g Island L igh ting—
95
Ind ianap L & H 5s 1 9 4 0 .-A & O
1st M 5s 1936____________M&S
9 6 )4
9 5)4
9 7)6
Indianap & M a rtin sv R a p T r—
L orain & C le v R R — See L ake Sh E le c R y
1st g 5s 1923 o p t . . _____ J&J
60 %
63
L os A ngeles G as & E le c C orp —
Indianapolis N orthern— See Uni on T r o f Ind
1st & ref g 5s 1939 o p t ..M & S
95
9 6 )6
Indianapolis & N orthw est T r—
102
G en & ref g 7s 1926 SerA .M & S
55
1 st g 5s 1923 o p t ____
.M & S
5 3)6
G en & ref g 7s 1931Ser B .J & D
104)6
104)6
Indianapolis & Southeast T ra c—
Series C __________ . . 1 st M g 5s 1935. ______ J&J
40
L os A n g G & E 5s 1934 J& J
95
In d S helbv & Southeast 1st
L os A n g L tg 5s A p r 11’ 24 A & O
s f g 5 s Jan 1 1932 — J&J
53
Los A n g P a c C o— See P a c E l R y
Indianapolis T ra c & T erm C o—
P a c E l ec R y*
L os A ngeles & P asadena— See
1st s f gold 5s Jan 1 1 9 3 3 .A & O
88
91
L os A ngeles R y C o rp —
65)4
82
Indianap St gen 4s 1 9 3 3 ..J & J
1st & ref s f g 5s 1940____ J& D
6 6 )4
83)4
85
C itizens' St co n 5s g ’ 3 3 . M&N
86
89
L os A n g R y 5s 1938____ A & O
8 8 )6
Indianap W at— 5s’ 26 o p ’ 11J&J
98
L os A n g T ra c 1st g 5s’ 3 8 .J & D
9634
85
1st & ref g 4 34s 1940 o p t . J&J
86
L ouisville H om e T e le p .
In terb orou g h -M etrop ol C o—
101
1st 5s ext 7 % 1 9 2 5 ..------ J&J
C o ll trust g 434s 1956— A&O
10
L ouisv L tg 5s’ 53 u n stm p d .A & O
93
7X
G u ar T rust certif o f dep —
7
10
L ou isv R y co n M 5s g ’ 30 -J& J
9 2 )6
9 3)6
S tpd asst’ d & 1 6 % s u b s ..
8
9
2d m tge 4 )4 s 1940 ____ M&S
80 X
In terb orou gh R ap id Transit—
82
G en Nl 5s 1950 .
F&A
1st & ref g 5s ’ 6 6 o p tax-exJ& J
6 9)4
7034 L ouisville W ater— See under L o ulsville p . 50.
S tam ped ---------------- .
70
71
L ow L aw & H a v — See E astern Mass S t R y
8 s 1922 (J P M r e c e ip ts)____
s 9 6)4 s 9 6)4 Luzerne C o (P a ) G as & E le c—
1
C ertificates of d e p o sit. — s 95
92
1st ref& im p g5s’ 4 8 o p ’ 1 3 .A & 0
s 9 5 )4
9 0 )6 ‘
6 7)4
N ew 1 0 -year 6 s w i ------ --.
92
68
97
L yk ens V al L & P 6 s 1 9 4 5 .M & S
7s 1932 w i __________ - M & S
9 3 )4 L yn n & B ost R R — See E astern M ass S t R y
9 2)4
In tern a t’l R ailw ay (B u ffa lo )—
85
M a co n R y & L 1st 5s ’ 5 3 . J&J
B u ff R y 1st c o n M 5 sg ’ 31.F & A
88
89
M a d ison C o (Ills) L t & P o w e r—
C ross St R y 1st 5s g ’ 3 2 . M&N
87
92
95
1st g 5s 1936_____________ J& D
8 8)4
B u ff Bell & Lan 5s 1927. J& D
88
92
M a d R iv P o w ls t5 s ’ 35gu o p -F & A
100
98
B u ff & L ock 1st g 5s 1938.J&J
82
78
M a h on in g & Shenango R y & L—
B u ff & N iag Falls E lec R y —
94
Y ou n g st Shar R y& fL5s’ 31 J&J
93
1st M 5s gold 1935____ J&J
80
83
62
M a n h attan E l co n 4s g ’ 9 0 . A&O
6 1 )6
In tem a t R y ref 5s’ 62op_M & N
59
• 61
50
57
2d g 4s 201 3 . . _________ J& D
Interstate E l C o rp 6 s 1933 _ M&S
84
90
M an ila E le ctric C orp —
Interstate R y s— C o ll trust g 4s
M a n ila E le c R R & L tg C o rp
1943 op t 1913. .
...F & A
49
50
1st lien & co l tr 5s’ 53 M&S
8 1)6
Iow a R y & L t (C edar R a p id s)—
M anila Sub R y s ls t5 s 1946 M&S
1st & ref 5s 1932 o p ’ 15 M & S
88
91
97
M a n ’frs W a t (P a) 5s 1939. J & D
Iron w ood & Bessem er R y & Lt
M a rket St E le v Pass R y — See Phila R T ran
1st s f g 5s ’ 36 o p aft ’ 15- F&A
8434
86)4 M a rket St R y (San F ra n cisco )—
Jackson & B attle Creek Trac\ See M i chigan
1 st con s m tge 5s 1924
.M & S
9 1)6
9 1)6
Jackson C onsolidated T ra ction | United Elys
95)4
C oll tr 6 % notes 1924 _A & O
96
J a ck son (M ich )G a s 5s g ’ 37.A & O
93
95
96
M a ry l’ d E l R y s ls t gu 5s’ 3 1 A & 0
Jackson (M iss) P u b lic Service—
70
75
B alt & A nn S L 5s 1 9 4 6 .F & A
1st M 6 s 1934__________ A & O
9 5)4
95
M assachusetts G as 4 )4 s ’ 29.J & J
J a ck son v(F la )G a s s f 5s’ 42.J& D
73
92
77
D e b g 4 U s D e c 1931____ J&J
9 0 )6
Jackson ville T ra c 1st 5s__M &S
83
86
M c G a v o ck & M t V ern on — See N ash R y & Lt
Jack son v E l 5s ’ 27 o p t ..M & N
8834
9 1)4 M em p h is P ow er & L igh t C o —
Jer C ity H ob & P at— See P ublic Service Corp
1st & ref 5; 1948 Ser A ._J& J|
8 9)6
Johnstow n (Pa) Pass R y —
M em p h is St R y con g 5s’ 45 J&Ji
79
78)4
R efu n d in g go ld 4s 1 9 3 1 ..J & D
M erid en H orse R R 5s 1924 J&Jj
87
62
J op lin & P ittsR y lst5 s’ 30 opM & S
66
M etropolitan E d ison C o —
K am inistiqu ia P 1st 5s ’ 37J& J2
92
R e f & im p 8 s 1935 Ser A M & N
103
106
K a n k a k ee (Ill)G & E 5s’ 30_M & S
88
93
1st & ref 6 s 1952 Ser B - .F & A !
9 8 )6
9 8 )6
K a n C ity G as 1st 6s 1942. _F&A
102
100
M e tro p o lita n R R — See W a sh R y & E le c
K a n C ity K a w V al & W est R y —
M e t St R y — See N Y R v s
j
1st M 6 s A ug 1924 - .
F& A
M e tro p o lita n W est Side “ L ” — 1
)
K C L on g D is T e l 5s 1 9 2 5 .. J&J
62 H
9 7)4
1st gold 4s 1 9 3 8 - - . ..........F & A 1
9 8 )4
6 5)6
E x te n gold 4s 1 9 3 8 .. . J&J
5 8)4 1 62
M ex ica n E l L 1st M g 5s’ 3 5 .J & J r 5 4 )6 '
—

__

__

sale, n Nominal.

I

In L d ,
on on

r

C ad p
an ian rice, s S le p
a rice.

[V ol. 116.

PUBLIC UTILITY BONDS

40

N O T IC E .— All bond prices are “ and Interest” except where m arked “ f ” an d Income and d efau lted b on d s.

B on d s.

Bid.

Ask.

B on d s.

Bid.

A t k.

B o n d s.

M e x L t & Pow 1st 5s’ 33 s f- F&A r 56%
—
M ich ig a n Light 1st 5s 1946. M&S
93”
9 l”
M ich ig a n N or P ow 1st 5s’ 41 J&J
83
M ich ig a n R R 1st 6s 1924. M&N
88
M ich S tate T elep 5s 1 9 2 4 ..F&A
99%
100
M ich ig a n U nited R ailw ays—
37
1st & ref gold 5s 1936___M&N / 34
J ack C ons T ra c 5s 1934. M&N
M id d lesex & B os St 4 )4 s ’ 32 J&J
M id d lesex W ater C o (N J )—
85
90
C on sol M 5s 1950_______ F&A
98
99
M id d le W est U 6s Jan 1 ’ 25 A& O
105
8 % gold notes 1935____ M & S
103X
106)4
8 % g old notes 194 0 _____J& D
105 X
8 % g old notes 1941__________
105)4
106)-2
M U lvale E tn a & Sharps— See P hila C o
M ilw aukee C ok e & G as C o —
100
103
1st M s f 7 )4 s 1933______F&A
99
M ilw E l R y & L t 5s 1 9 2 6 .. F&A
91%
R e f & ext 4%a g ’ 31 o p t ..J & J
90X
G en & ref g 5s 1951 o p t ..J & D
89 X
90X
1st & ref 5s 1961 Ser B .J & D
85X
85X
M llw L ig h t, H eat & T ra c—
95%
97
1st g 5s gu 1929 o p t ..M & N
93%
93%
M ilw aukee G L 1st 4s ’ 2 7 . M&N
M in n A n ok a & C ayuna R ’ge R R
75
______
1st 5s 1935_____________ M&N
M in n eap G L 5s F eb ’ 3 0 . .M & S
M in n G en E l 1st 5s ’ 34 o p .J & D
M in n eap St R y s — See T w in C ity R a p id T ra n
93
94
M ississippi R iv P ow 5s ’ 5 1 -J & J
102
100
S f gold deb 7s 1935____ M & N
M ississippi V alley P ow er—
92
88
1st M 6s 1947___________M&N
98%
98?
M issouri E d ison El 5s ’ 2 7 . . F&A
84
M o b ile E lec 5s ’ 46 op ’ 1 0 . M&N
87
96
M o b ile G as 1st 5s 1924____ J&J
Im p & ref 7s 1951______ J& D
67”
69
M o b L t & R R 1st g 5s ’ 3 7 .J & D
62
65
C ons g 5s 1941_________ M & S
99
M ob ile St R y 1st 6s ’ 2 3 . M&N
9934
M on on ga h ela St R y — See Phila C o
M on on ga h ela V alley T ra ction —
1st M g 5s 1942 op t 1922. J& D
8 4)4
100%
G en m tge 7s 1923________ J&J
100M
M on ta n a Pow er—
90%
90%
1st & ref s f 5s’ 43 op ’ 1 8 .J&J
M on treal L t. H t & P ow er C o—
. . . .
lst& coll tr g 4 )4 s ’ 32 o p ’ 12J&J r 92
G old 5s 1933 op t 1 9 1 3 ...A & O
M on treal T ram w ays—
90%
90%
1st & ref g 5s 1941 o p t ___J&J
P hila C o
M ornlngside E lec St R y — See
M orris& Som erset E l 7s ’ 40 A& O
M ou n tain States P ow er C o—
84
89
1st & ref 5s 1938_________ J&J
M t W ash St R y — See Phila ,Co
M u n cie E 1 L 1st 5s’ 3 2op ’ 12.J& J
M u n cie H art & Ft W ay n e T r —
33
1st 5s g 1935 op t 1 9 2 5 . . . J&J /
M u n icip al Gas (A lb a n y , N Y )
107
104
1st M 534s 1952 Ser A ..A & O
M u n icip al Gas & E lec, R o ch —
92
90
ervice C o M u n ici

Bid.

Ask.

N orth w est G as L & C o k e (C hic)
N ew Orleans R y & L t (C one.)—
95%
91
96
96
C o n s g 5s D e c 1 1928___Q -M
N O C y R R — G en g 5s’ 43 J&J
89
97 >4
C ice ro G as gen& ref 5s’ 32_J&J
—
98)4
N O C y & L ake 5s 1943.J&J
97 %
100
N orth w est T e le g 4%a 1 934.J& J
N O & C arroll co n 5s F e b ’ 33J&J
9§”
98
97%
97”
N o rw ich (C t)G a s & E g 5s’ 27J&J
E d ison E l 1st 5s 1 9 2 9 ..J & J
87
90
N o rw ich St R y 1st g 5s’ 2 3 .A & 0
N O P ow -H o u se C o 5s ’ 4 1 .J& J
84%
83
90
86
N o v a S co tia T r & P o w 5s 1 9 4 6 .
St C harles St 1st g 4s ’ 5 2 . J&J
90
O gden G as 5s 1 9 4 5 .______ M&N
88X
N e w p N ew s & H a m p R y , G & E
85
S IX
O h io & N o r G as 7s 1 9 2 5 .M & N
9 7X
1st & ref 5s 194 4 _________ J&J
1 05 %
O h io P o w 1st 7s 1951 Ser A . J&J
104X
N e w p N ew s& O ld P t R y & E l
90
95
O h io P u b lic S ervice C o —
1st g 5s N o v 1 1 9 3 8 ..M & N
70
107
1st M & re f 7 ) 4 s ’ 4 6S er A A & O
103X
G e n g 5s M a r 1 1 9 4 1 ..M & S
102
101%
1st & ref 7s ’ 47 Ser B ..F & A
N ew Y o r k E d ison C o —
109%
110 % O h io S ervice 1st 6s 1 9 3 7 ..M & N
1st lien & ref 6 )4 s 1 9 4 1 ..A & O
O h io S tate T elep h on e—
N Y G a s, E le c L , H & P C o —
98%
99
C on s & ref s f 4s-5s 194 4 . J&J
92X
1st g 5s D e c 1 1948______ J& D
82%
83
O klahom a G as & E le ctric—
P ur m on coll tr 4s 1 9 4 9 .. F&A
102%
93
, 96
1st M g 5s ’ 29 o p aft ’ 1 4 .A & O
E d E l 111, N Y , co n g 5s’ 95 J&J
9 6)4
105
97%
1st & ref 7X9 1941_____ F&A
102X
C entral U n G as 5s g 1 9 2 7 .J&J
93%
95
O klahom a G eneral P ow er C o—
E q u ita b le G as 5s 1932___M&S
85
90
8334
1st M 6s 1952 Series A ..A & O
93%
N ew A m ster G as 5s 1 9 4 8 .J&J
94
96
80
77
O klahom a R y lst& re f 5s’ 41.J& J
N Y & E R Gas 1st g 5s ’ 4 4 . J&J
92
90
O m aha & C o u n cil B luffs S tR y —
C on 5s 1945.......... ........... J&J
74
82
76
84
1st con sol g 5s 1928_______J&J
N Y & W e stch L tg 4s 2 0 0 4 .J&J
93
91
O m aha & C o u n B lu ffs R y & B r
D e b g 5s 1954 o p gu a r.J & J
91
95
83
81
1st con s g 5s Jan 1 1 9 2 8 ..J&J
N orth U n G as 5s 1 9 2 7 ..M & N
93
94
96
O n tario P o w 5s ’ 43 o p t o ’ 13F & A
S tandard G L 5s 1 9 3 0 ..M&N
O ntario T ransm ission C o , L td —
N Y M u n icip al R y C o rp —
92%
94 %
1st gu g 5s ’ 45 o p b ef ’ 1 6 . M&N
1st m tg e 5s 1966_________ J&J / 7534
O range & P assaic V al R y — See P ub Serv C orp
N Y & Pa T e le p & T e le g C o —
25
35
O regon E le c R y 5s ’ 33 o p t . M&N
1st gold 5s F eb 1 1926___F&A
O ttaw a E le c 1st g 5s 193 3 . .J & D
G e n s f d g 4s N o v 1 9 2 9 ..M & N
O ttum w a (Io w a ) R y & L igh t—
N Y & Queens E le c L t & P o w —
99
1st & ref g 5s 1924_______J&J
1st con s g 5s A u g 1 1 9 3 0 .F & A
85
80
94”
9 l”
P a cific C oast P ow 5s 1 94 0 . M&S
N Y & Q u een s G as 1st 5s ’ 3 4 . F & A
84 X
85
P a cific E le c R v g 5s 1 9 4 2 ..J&J
N Y & Queens C o R y 4s’ 4 6 .A & 0
40"
L os A ngeles P a c ific C o —
S teinw ay R y 1st 6s 1 9 2 2 .J&J / ' § o '
75
77
1st ref g 4s 1950 o p t ’ 15. J&J
N ew Y o r k R ailw a y s—
35
3234
L A -P a c R R c o n 5s’ 3 1 .A & 0
1st R E & ref 4s’ 42 o p ’ 1 6 . J&J
33
30 X
L A P a R R C al 5s ’ 4 3 . M&S
G u ar T ru st ctfs o f d e p o s it. .
6
7%
L os A n g & Pas 5s g 1 9 2 8 .J&J
A d j in c g 5s Jan 1942___A & O *
92”
5
4X
91%
P a cific G as & E l ref 5s ’ 4 2 . . J&J
B ankers T ru st ctfs o f depos
47
57
107
1st & ref 7s 1940 Ser A .- J & D
B leeck St & F F 1st 4s ’ 5 0 . J&J
67
103%
66X
102X
1st & ref M 6s 1941 Ser B J& D
B w a y& 7 th A v C on s 5s’ 43J& D
64
63 %
P a cific G as & E le c (A rizon a)
M e tr T ru st c tf o f d e p o s i t ..
60
65
1st M 6s Jan 1931______ J&J
B w a y Surf R R 1st 5s ’ 2 4 .J&J
25
35
C enC rosstow n 1st 6s’ 22.M & N
P a cific G as Im p 4s S ep t’ 3 0 .Q -M
20
13X
P a cific L igh t & P ow er C orp—
C ol & 9th A v 1st 5s ’ 9 3 ..M & S
60
97%
98%
1st & ref s f g 5s 1951 o p . M&S
E ig h th A v cert ind 6s '1 9 F&A
42
48”
96%
P a c L & P C o 1st 5s ’ 4 2 . .J & J
L ex A v & P F y 1st 5s g ’ 93 M & S
2X
IX
G u a ra n te e d ______________
S econd A v con 5s g ’ 48 gu F&A
92%
94”
T ru st C o certlfs of d e p o s it.
104
106
55
1st lien & gen M 8s 1 9 3 0 .F & A
R e ce iv e r’s certifica tes 1914. J 52
J 35
45
a cific T e le p h & T elegrap h —
S outh F erry 1st 5s 1919. A&O
98%
98%
lst& co l tr s f g 5s 1 9 3 7 ..J & J 2
T h ird A ve — See under “ T . ”
65
92
60
9134
R e f M 5s 1952 Ser A .. . M & N
34th St C rosst 1st 5s ’ 9 6 . A&O
68% a d u c T & L c o ll tr g 5s’ 3 5.M & N
—
23 Street R y 5s 1962____ J&J
83”
85”
arr Shoals P o w 5s 1 9 5 2 ..A & O
N Y & R ich m o n d G as C o—
92
94
1st ref M 6s 1951 Ser A . M&N
52
57
N Y & S ta m f— 1st g 5s ’ 3 1 . . A & O
93
96
C on sol g o ld 5s 1949____ M&S
lst& ref g4 s’ 58op a f’ 14guM & N
87
89
N ew Y o r k S tate R ailw a ys—
67%
67)4
1st co n g 4%a ’ 62 o p ’ 13.M & N
96%
100
1st co n 634s 1962_______M & N
97
100
First M tg e 6s 1943_______J&J
N Y & S uburban Gas— See W est C h e s t e r L ig h t’ g
92%
93
enn C entral L igh t & P ow er C o
N Y T el 1st 4 }4 s ’ 3 9 t a x e x .M & N
97
106
98
10634
1st & ref 5s 1950________A&O
D e b 6s F eb 1949________ F&A
105
10534
99%
99%
1st & con s 6s 1963_______F&A
M u skogee E lec T r 5s ’ 3 4 . . M&N
R e f M 6s O ct 1941_____ A & O
N ashville Gas & H eating C o—
enn C entral P o w e r C o—
N Y W estch & B os R y — See Ste am R R 8--100
100 %
101
99 %
84
87
1st s f 6s 1962 Ser A ___J& D
1st M gold 5S 1937____ M&N
N iagara Falls P ow 5s 1932.J& J
92
103 % enn P u b lic Serv 5s 1 9 6 2 .. F&A
94
10334
N ashville R ailw ay & Light—
R e f & gen 6s Jan 1 9 3 2 ..A&O
104%
99
104
97 X
1st & ref 6s 1929________ J& D
lst& con s 6s Ser A A ’ 5 0 .M & N
92%
93)4
102
104
90
1st & ref 7X9 1935 Ser B .J & J
N iagara L o ck p o rt & Ont P o w —
8834
99
98
100
9 8X
96
1st s f g 5s '54 ta x -e x e m .M & N
1st & re f 6s 1947 Ser C . . M&N
9834
101
9 9)4
M c G a v o ck & M t V ernon—
R e f s f 6s 1958 Series A ..F & A
102
100
N orf & A tl T erm — See V a R y & P
105%
105
101
1st & ref s f 7 )4s 194 0 . _M & N 104%
N orf & P orts T r — See V a R y & P
88
4 .5 0 % N orf R y & L t 1st 5s 1 9 4 9 .M & N
Basis
ennsylvanla P ow er & L ight —
104
95
105
Tr
1st & ref 7s Ser A 1 9 5 1 .. F&A
N orfolk St 1st g 5s 1 9 4 4 ..J&J
95
99
N orth A m erican E d ison C o —
96%
93%
93%
67
—
S f g 6s M a r 15’ 52SerA.M & S15
81
—
N ational L igh t, H eat & P ow erN orth C arolin a E le c P ow er—
1st s f g 5s O ct ’ 40 o p ’ 1 6 .A & O
100)4
107%
I ll
101
101% N orth C arolin a P u b Serv C o—
1st con s g 6s 1943____
92
93
77
74
92
85
R efu n d in g go ld 5s 1 9 4 7 . M & S
1st & ref 5s 1934 o p t ____ A& O
70
96
67
92
85
C h ic G L & C 1st 5s 1 9 3 7 .J&J
Salisb & Spencer 5 s ’ 4 5 ..M & N
9 5)4
98
88
85
90
C onsum G as 1st g 5s ’ 3 6 .J& D
85
G reensboro E lec 5s 1932. A&O
76
80 X
90
In d N a tG & O g 5s’ 36 g u . M & N
N orth H u d C o R y — See P u b lic Service C orp
8 8X
94%
—
98
99
M u tu a l Fuel G as g5s’ 4 7.M & N
N a t Securities p i 6s 1924.
N orth H udson L t, H & P C o
90
93
P e o p le ’s T ra c— See P hila R T
91%
(H o b o k e n , N J) 5s 1938. A&O
98
97
N orth Jer St R y — See P u b Serv C o rp
P eoria B lo o m & C h a m p T ra c—
85
—
103
1st g o ld guar 5s 1936___M & N
10334 N orth S hore E lectric C o —
96
94
101
1st & ref g 5s '4 0 o p ’ 2 0 . .A & O
99%
■ N orth Shore Gas C o o f Illin ois—
110
5s 1924 & 1925 g u a r___ F&A
87”
56”
96
P eoria W W C o p r 1 5s’ 4 8 .M & N
1st gold 5s 1937 o p t _____ F&A
9434
56
60
rv C orp
1st c o n 4s 1948_________ M&N
N orth T exas G as C o —
80
96
90
—
P etersbu rg G as 5s 1931___A&O
1st 6S 1923-1932________ A&O
98% P hiladelph ia C o m p a n y —
97%
N orth C alif P ow 5s 1 9 3 2 ..J& D
100
103
97
96
73
1st c o il trust g 5s 1 9 4 9 ..M & S
70
R & con s s f 5s ’ 48 o p ’ 15. J& D
93
91
90
C on s M co ll tr g 5s ’ 5 1 ..M & N
N or C an ada P ow 6s 1 9 2 8 ..J & J
100
100%
65
1st ref& col tr 6s’ 44 Ser A F&A
n 60
N orthern Illin ois L ight & T ra c—
80
99
101
A ll eg B elle & P er 5s ’ 3 5 . . A& O
1st M gold 5s 1923 g u a r ..J & J
9934
96
....
92
9534
n 89
A rd m o re Street 5s 195 8 . A&O /
N orth In d Gas & E l 6s ’ 52 M&N
99
C entral T ra c 1st 5s 1 9 2 9 .J & J
N orth ern Ohio T ra c & L igh t—
• 98%
90
/ ------—
98%
99
C itizen s’ T r a c 1st 5s ’ 2 7 .A & O
1st con sol gold 5s 1933___ J&J
103%
103 %
80
D u qu esn e L igh t 6s 1 9 4 9 .J&J
1st con sol gold 4s 1933___ J&J
83”
80”
106 %
107
95
101
C o n v g d e b 7%s 193 6 .J & J
1st lien & ref 5s 1956____ F & A
__
96
D u qu esn e T ra c 1st 5s ’ 3 0 . J&J f -----N J & H u d R iv R y & F e r r y 6s 1926__________________ J& D
94
93%
63
66
F ed St & P V 5s M a y F 4 2 .J & J / . . . .
G en & ref 6s 1947 Ser A . M&S
87
86
86
89
F t P itt T ra c 1st 5s 1 9 3 5 .J& D
N orth Ont L & P 6s A p r '31.J& J
99
1
96
M illv E t & Sh 5s 1 9 2 3 ..M & N / . . . .
N orthern States P ow er C o—
91
91%
99
96
M o n o n g St R y 5s g 192 8 . J& D / . . . .
101%
100 %
8 l”
99
1
96
W ilk & E P it 1st g 5s’ 29 M & S, f
100
80
—
9934
—
M o r n ’sid e E l St R y 5 s-3 3 . A & O
t
98
101
100
t T ) I1ULW L\960________rOtM i.
V
M o u n t W a sh in g ton St R y —
83
86
90
1st & co ll tr gu 5s 1933. A&O
N orthern T exas E le ctric C o—
>
______
89
86
P itts A lle g & M gen 5s’ 3 0 A & 0
C oll tr s f g 5s 1940 o p t ..J & (
G en M 4 H s 1935 w i .
7 3)4
73)4
P itts & B i r T r 5s g 1 9 2 9 .M & N
76
N orthern T exas T ra ctio n C o —
I n c 6s Ser A w i _____
7 3)4
95
9234
B K & A T r a c 6s 1 9 3 1 .M & S
Series B w i ________
B ro w n sv A v e 5s 1 9 2 6 .F & A
W L ib e rty 1st g 5s ’ 3 0 .J&J
______
N orthw estern B ell T elep h on e—
108
P itts & C harleroi 5s ’ 3 2 . M&N
10734
______
P itts T ra c 1st 5s 192 7 . .A & O
71
C ertificates o f d ep osit.
76
74
S o T ra cls t& co ll tr g 5s’ 5 0 A & 0
40
Series B _______________
75
71
2d A v e T r 1st 5s 1 9 3 4 ...J & D
1
107
i n
G o ld 5s J u ly 1933_____ J&J
66
68 %
U n ited T r a c 5s 1997 c t f s .J&J
W est E n d T r a c c o n 5s’ 38_ J&J

__

__

__

__

iii:

6 Basis.

/ This price includes accrued interest,




k Last sale,

n Nominal,

r Canadian price.

• Sale price.

PUBLIC UTILITY BONDS

F eb., 1923.]

4 1

N O T IC E .- -A ll bond prices are "a n d in te r e s t" except where m arked “ f ” an d incom e an d d efau lted b o n d s.
B on d s.

Bid.

4 « i.

B on d s.

Bid.

A «i

B on d s.

Bid.

Ah .

S acram en to E le c G as & R y —
99%
100
Spring V al W a t ref g 4s ’ 2 3 .J & D
99%
99%
P h lla 'E lect 1st 5s 1966____ A & O
97
98%
C ons 5s N o v 1 1 9 2 7 ____ NI&N
82
—
84
1st M 5s 1943___________ M&N
1st M 4s 1966___________A & O
s 104% Sacram en to G as 6s ’ 2 3 -4 0 .A & O
S pringfield (O) L t, H t & P o w —
1st 1 & ref 6s 1941_______J& D
98
100
1st s f g 5s 1929___________ F&A
101 % St C harles St R R — See N Or R y & L
1st & ref 5 % s 1947_____ J& D
101 %
92
94%
St C lair C o u n ty (111) G as & E l—
G en & ref 5s 1933________ A & O
Philadelph ia R a p id T ra n sit—
83
80
Springfield (111) R y & L t C o —
1st con s gu ar 5s 195 9 . .M & S
86
C oll tr g 5s 1957 op t s f _ . F&A
_____
78
81
St J osep h G as— 1st 5s 1 9 3 7 .J&J
C o ll tr g 5s 1933 o p t ____ J & D
84
S f gu ar 5s ’ 62 o p t '1 7 ..M & S
St Josep h R y , L t , H eat & P o w —
Springfield (M o ) R y & L t C o —
E q tr 5 % s ’ 24 ’ 33 (s -a ).F & A
65.50 to
93
96
76
1st g 5s N o v 1 1937____ M & N
1st s f g 5s 1926 o p t ____ M&N
D a r b y M ed ia & C hes St R y
82
84
S p r in g fie ld (O )R y 1st 5s’ 3 5 M & S
St Louis R R — See U n R y s (St L)
1st 4 % s ’ 36 op t ’ 16 g u .J & J
St L ouis S pringf & P eoria R R —
1st M 5s 1923-1935____ M & S
M a rk et Street E le v Pass R y
78
80
1st & ref gu g 5s ’ 39 o p ..J & D
Standard G as & E le c o f D ela
88
1st g gu 4s 1955____ M&N
99%
88
■ St Louis & S pringf 5 s ’ 33 J& D
93
99%
C o n v s f g 6s 1926 o p t ___ J& D
U n ion T ra ctio n —
102
L)
68 St L & Sub R y — See U n R y s (St
67%
Sinking fu n d g 7 % s 1941 M & S
E le c & P eo 4s tr ct fs ’ 4 5 A & 0
85
90
6 % g notes 1935________ A & O
St L T ra n — See U n R y s (St L)
96
H est M a n & F 5s 1924 M&N
101
104
G o ld 7s 1937____________ M&S
St Paul C ity R y — See T w in C ity R T
P e o p le ’ s T ra ctio n C o —
73
S teinw ay R y — See N Y & Q ueens C o R y
71
St P aul G as L igh t—
P P R y tr ctfs 4s ’ 43 F&A
92%
94
95
S uburban G as C o o f P hila—
97
G en g o ld 5s 1944 .
. M&S
W Phil Pass 2d 5s ’ 2 6 . M&N
103
95
lsts f g 5s A p r l ’ 5 2 o p ’ 0 7 . . A&O
St P etersb (F la ) L tg 6s’ 4 5 .J & D
P h ilad elp h ia S uburban G as & El
r P u b S erv
90
S alisbury & S pencer— See N o Ca
Superior W ater L igh t & P o w e r—
89
1st M & ref g 5s’ 60 o p ’ 1 5 . F&A
94
83%
95
86
94
96
1st 4s M a y 1931________ M&N
S alm on R iv P o w gu 5s ’ 52 o p F & A
G en M 6s 1969_________ J& D
92
R e f 5s 1929______________
Salt L ake T e rm 6s 1935___J& D
P hila & W C hes T r 4s ’ 5 4 . .J & J
93
87
96
91
S yracuse G as g 5s 194 6 ____ J&J
San A-ntonio G & E 5s ’ 4 9 .M & S
P hila & W est R y 5s I 9 6 0 . .J & J
85
90
S yracuse L ake S hore & N orth
San A n to n io W ater S u p p ly —
P in e B lu ff C c 5s 1942______J&J
64
65
87
89
93%
96
1st M g 5s ’ 47 o p t ’ 1 7 . .M & N
1st & ref s f 5s ’ 33 o p ’ 1 3 .F & A
1st 6s 1942______________ J&J
93%
95
S yracuse L ig h t’ g 5s g 1951. J& D
San D ie g o C o n so l G as & E le c—
P itts A lleg & M a n — S eeP hila C o
82%
93
9 5 % S yra c L & P co ll tr 5s 1954.J&J
1st g 5s 1939 o p t 1 9 1 4 ..M & S
P itts & B irin T r — See P hila C o
86
98%
89
S yra c R a p T r 1st g 5s 1 9 4 6 . M&S
1st & ref 6s 1939 ser A _M&S
P itts & C harleroi— See P hila C o
80
85
2d m tg e g 5s 1930_______ J&J
S and F rem & So R y — See L ake Sh El R y
P M c K & C o n — See W P enn R y s
9 6 % T a co m a R y & P — See P u get Sou nd E lec
San Fran G & E 4 % s 1933 M & N
P itts T ra c— See P hila C o —
92%
95
98
T a co m a W at Sup 1st 5s ’ 2 5 .J & J
P o n tia c L igh t 1st 5s 1 9 2 7 .J&J
95%
9 6 % San Fran O ak & San Jose C o n —
a m pa E le ctric C o —
P ortla n d (M e ) E l 5s ’ 26 op tF & A
92
95
46%
1st M g 5s 1933 s f o p .- J & D
C on s 5s M a y 19 1938. M&N 19
P ortla n d (Ore) G as & C ok e—
80%
70
80
93
91
1st & ref g 5s ’ 40 op t '2 0 . J&J
S F O & S J "R 1st 5s ’ 3 3 . .J & J
y
5 7%
106
104
2d M g 5s 1933 s f ____ J&J
1st gen 7s 1940___________J&J
93%
94
1st & ref 6s 1947 Series A ____
San J oa q u in L t & P o w C o rp —
P ortla n d G as 1st 5s 1951 F&A
83
99
84
100%
lst& ref g 6s ’ 50 Ser A o p .F & A
P ortla n d (M e ) R R —
55
99
50
100
j
65
70
1st co n 3 % s 1951 crp ’ 3 1 .J & J
Series B _____ ____________ .
99
100
82
80
1st 1 & co n m 5s 1 9 4 5 ..M & N
Series C . _____ _________
72%
74
_____
1st & ref s f g 5s ’ 45 o p t . A&O
C o n v co ll tr 8s Ser D ’ 35 M & N
P ortla n d R y L t & P ow er—
99%
85
84%
U n lf & ref 7s 1 9 2 3 -2 6 ...M & S
1st & ref s f 5s 1942 o p _ .F & A
erre H aute T ra c & L igh t—
83
104%
87
105
9 5%
96%
1st co n M g 5s 1944____ M&N
U n if & ref 7s 1951______ M&S
1st 1 & ref 6s 1947 Ser B ..M & N
87
90
106 %
106%
San J oa q u in L ight & P ow er—
1st 1 & ref 7 % s ’ 46 Ser A . M&N
T erre H aute E l 5s 1 9 2 9 ..J&J
92
8S
94
90
86%
1st 5s 1945 o p aft ’ 1 0 -.J & D
P o r tl’d R y ref 5s '3 0 o p . M&N
90%
92
81
S an tiago (C u b a) E lec L & T r—
C it y & Sub co n 4s ’ 3 0 . J& D
73
93%
95
D e b g 6s 2022 Ser A _____ J&J
1st g 6s 1959 o p t 1 9 1 9 ... J & J
P ort G en E le c 1st 5s ’ 3 5 .J & J
§5”
93*
99
P ortla n d (M e ) W a ter 4s ’ 27F & A
98
Sao P aulo T ra m , L & P , L td —
89%
1st g 5s J une 1 1929____ J & D r 8 8 %
P o rto R ic o R y s , L td —
83
T e x T ra c 1st 5s '3 7 o p t ..J & J
1st g 53 N o v 1 1936 o p .M & N
S avannah E le c & P ow er C o—
104
106
91
88
P o rto R ic o T elep 6s 1 9 4 4 ..J& D
l s t & r e f 7 % s 1942 Ser A .A & O
'hird A ven u e R y (N Y ) —
82
59
60
85%
97
1st ref g 4s 1960 op aft '1 4 J&J
P o to m a c E l P ow 5s ’ 29 o p . J& D
1 S avannah E le c C o 5s g ’ 52 J&J
75
59
9 7% ISayre (N Y ) E le c 5s 1 9 4 7 ..A & O
97%
C on s M g 5s 1936 g u a r ..J & J
A d j Inc g 5s Jan 1960 o p .A & O / 5 8 %
95
96
99%
100
T h ird A v RR 1st 5s g ’ 3 7 .J & J
D e b gold 6s 1 9 2 5 ...........J&J
lS ch en ecta d y R a ilw a y C o —
70
73
100
99%
D r y D o c k E B w a y & B a tte ry
G en m tg e 6s 1923______ J&J
1st M 5S 1946 o p t 1 9 1 9 ..M & S
70
-107% S ch u y lk T ra c— 1st 5s 194 3 . A&O
75
1 06 %
R efu n d in g 7s 1941_____ A & O
1st 5s go ld 193 2 _______J & D
98
84
100
88
P rescott G & E l 1st 6s ’ 4 0 ..J & J
N ew ref m Ser C in co m e ___
S cioto V ail T r 1st 5s 1 9 2 3 .M & S
9 6%
42d St M & St N 1st 6s 1910
97%
P r o v . S ecu r.— see Steam R R ’ s.
S cra n ton E le c 5s ’ 37 op t ’ 12 J& J
1u3J4
70
104%
—
—
E x t at 5 % t o 1 9 4 0 ...M & S
P u b lic L & P ow 1st 5s 1945 F&A
8 % gold b o n d s Jan ’ 31 A& O
—
50
____
65
P u b lic S ervice C o o f N or 111—
S ou B ou lev g 5s 1945— J&J
S cranton R y — 1st 5s N o v ’ 32J&J
70
—
____
75
88
87%
U nion R y 1st 5s g 1 9 4 2 . _F& A
S cran T ra c 1st 6s g ’ 3 2 . M & N
1st & ref g 5s 1956 op ’ 2 1 .A & O
63
105
70
104 %
W estch ester El 1st 5s g ’ 4 3 J& J
8% g o ld notes ’ 30 Ser A .M & S
S cran & W ilkes-B arre T r C orp —
62
90
66
95
P u b lic S ervice C orp o f N J —
Y o n k e rs R y 1st 53 1 9 4 6 .A & 0
A&O
C oll trust 6s 1934______
99
ee N Y R y s .
94
95% S eattle E le c 1st g 5s ’ 30 o p . F&A
T ru st certs 6 % p e r p e t .-M & N
93
85
8 5%
96
G en g 5s O ct 1 1959 o p _ _ A & 0
C o n & refg s f 5s 1929___F & A
104% S eattle-E v erett T ra ctio n —■
103%
S ec 7s 1941_____________ J& D
89
85
91
84
C am d en Sub 1st 5s 1 9 4 6 .J&J
1st M g 5s 1939 o p 1914. M&S
1st m 6s 1941__________ M&N
88
82
80
C on s T ra c 1st 5s 1 9 3 3 ..J & D
o le d o E d ison C o —
S eattle L tg 1st 5s’ 44~op ’ 1 0 .M&S
1 07 %
84
107%
86
EUz P lain f & C ent Jer R y —
1st M 7s 1941__________ M & S
R e f g 5s 1949 o p t 1 9 1 4 ..A & O
95
e Sh E l Ry
65
1st g 5s D e c 1 1950___J& D
87
88
60
E liza beth & T ren t 5s’ 62 A&O
S econ d A v e — See N Y R y s
61
59
J C H ob & P at 4s 1 9 4 9 .M & N
S econ d A v e T ra c— See P h ila C o
—
87
N ew ark Pass co n 5s ’ 3 0 . .J & J
S eneca P o w C o rp 6s 1 9 4 6 .M & S
98%
98%
90
N ew a rk T erm R y 5s ’ 5 5 . J& D
6 % notes 1925_________ F & A
S haw inigan W ater & P ow er—
103
10
15
80
104
N H u d C o R y con s 5s ’ 2 8 .J&J
1st re f 6s 1950____________J&J
92
94
65
Co
2d 5s ext to 192 4 ____M&N
S h eb oygan E le c— See E ast W is E lec
B a sis 5 .5 0 %
64
66
N o r Jer St R y 4s 1 9 4 8 . M&N
S hrevep R y s — 1st 5s ’ 23-’ 44J&J
65
Or & Pass V al 1st 5s ’ 3 8 .J & D
Sierra & San F rancisco P ow er—
86%
97%
99”
85
88
Paterson R y — C on 6 sg’ 31J& D !
1st g 5s 1949 o p t ________F & A
75
91%
2d 6s ’ 14 ext 5 % to ’ 4 4 A & 0
Som erset U n & M id d lesex L tg —
75
45
60
R iv erside T ra c 5s 1 9 6 0 .J & D
M tg e g 4s D e c 1 1943___J& D
60
—
So Jersey G as E l & T ra c—
So B end & M ishaw aka G as—
93
92
96
90
G u ar g 5s M c h 1 1953. M&S
C on s g 5s 1926 op t 1908. _ J&J
65
100
100 %
70
Puget S ound P ow er C o —
S outh C ar G as & E le c 6s ’ 5 2 ____
C o ll tr s f g 5s 192 3 ..........A&O
95
92
1st g gu 5s 1933 o p t ____ J& D
S outh C arolina L t P o w & R y —
1st & ref g 5s 1930 o p t — J&J
70
Puget S ound P ow er & L igh t—
1st s f g 5s 1937 c t f d e p . M&N / 68
68
100
102
72
105%
104
G en & ref 7 % s ’ 41 Ser A M&N
1st 6s 1932 . . . . . M & S15
90
95
Puget S ound E lectric R y —
S outh C o v & C in St R y -S e e C in N ew & C o v R y
C on sol 5s 1939_________ M & N
83
86
1st con sol g 5s ’ 32 o p . F&A
S outh F erry— See N Y R y s
Sth & 29th Sts— See 3d A v e R y
85
90
T a com a R y & P 5s ’ 2 9 . A&O
S outh Jer G E & T — See P ub Ser C orp
3d St R y — See N Y R y s
89
90
Q u ebec R y L H & P ow —
So Side E l 4 % s 1924 o p ’ 10. J&J
w in C ity R a p id T ra n sit C o —
100 %
74% Sou Y u b a W at— C on 6s ’ 2 3 .J&J
100%
C ons g 5s 1939 o p t _____ J& D r 74
St P aul C y 1st g 6s ’ 3 2 . .A & O
Q u in cy (111) G as E le c & H ea t— |
S outhern B ell T e le p & T e le g —
1st con s 6s g 1934____ A & O
94
93%
76
::::
1st c o n s g 5s 1935 op '1 0 . M & S
95% '
C ab le co n 5s 1 9 3 7 ..J & J 1 5
1st s f g 5s 1941 o p t 191 6 . J&J
87
85
Q u in cy G & E 5s 1 9 2 9 ..M & S
S ou B ’ va rd — See T h ird A v e R y
M in n & St P Sub 5s ’ 24 M & S
92
90
R a cin e (W is) W ater 5s ’ 3 1 .M & N
S outhern C aliforn ia E d ison —
M in n St & St P aul C i t y 97
92
R a ilw a y & Light Sec 5s v a r ____
C on s guar g 5s 1 9 2 8 . .A & O
G en g 5s N o v 1939 o p t ..J & J
101 %
102 %
R a p T r St R y — See Pub Ser C or
G en & re f g 6s 1944 ___F&A
____
98
87%
R ea d in g T ra c 6s 1933_____ J&J
9 9% S outhern C al Gas 6s 1 9 5 0 .M & N
95
90
R ea d & W om — 1st 5s g ’ 25 J&J
S outhern C alif T elep h on e—
1st & ref 5s O ct 1953-------A & O
92%
____
R e d W in g G L& P — See W is -M in n . L . & P .
1st M 5s 1 9 4 7 .. .
___________
8 % sec n otes 1931______ M&S
R h o d e Isld Sub 4s ’ 5 0 _____ J&J
Southern C o lo ra d o P ow er C o —
nd ergroun d E le c R y o f L o n d o n
92
95
89%
1st g 6s 1947 Ser A . . . ..J & J
96%
R ic h m o n d (S I) Lt & R R —
4 % s Jan 1 1933_________ J&J
75
65
1st c o ll tr g 4s 1952_____ J&J
68
S ou th ’ n C ounties Gas C o o f Cal
In co m e 6s Jan 1 194 8 -------------93%
St L ou Is
R io d e Jan eiro T ra m L & P —
1st g 5 % s M a y 1936---- M&N
95%
85
1st g 5s 1935______________ J&J
S outhern Illin ois L t & P ow er—
97
96%
100
R iverside T ra c— See P ub Serv C orp
96%
1st M 6s 1931 o p t . ____ J&J
1st g 5s Sept 1 193 2 ------ M & S
92
87
90%
R oa n ok e R y & E l 5s 1953. F&A
South N E T e le p 1st 5s ’ 4 8 .J& D
R e f& e x t 5 s’ 3 3 o p a f t ’ 18_ M&N
93
84
E le v
96
89
R o a n o k e T r & Lt 5s 1 9 5 8 .F & A
Southern P ow 5s 1930 o p t.M & S
92
89
R o a n o k e W W 1st 6s 1936.J&J
S outhern Sierras P ow er—
100
102
85
82
G en g 6s 1934-----------------M & S
1st s f gu 6s Sep ’ 36 op ’ 18J&J
77
R och ester G as & E lec C orp —
S outhern T ra c— See Phila C o
80
C o ll tr g 5s 1939 co n v o p .J & J
108
G en m 7s 1946 Ser B ___M&S
S outhern U tilities 6s 1933. A&O
nlon T ra c C o . o f Ind ia n a —
76
65%
94
96
R o c h R y & Lt 5s ’ 54 o p t ___J&J
Southern W ise P ow 5s ’ 3 8 .A & 0
78
67%
1st 5s ’ 19 ext at 6 % to ’ 22 J&J
50
52
T a x e x e m p t___________________
S outhw estern B ell T e le p —
In d ia n a p N o rth 5s 1 9 3 2 ..J&J
103
105
s 102%
R o c h R y con s 5s g 1930. A&O
7 % co n v n otes 1925___A&O
n ited E le c L t & P o w e r B alt—
93
S outhw est G & E 5s 1 9 3 2 .F & A
94
2d 5s g 1 9 3 3 . . . ........... ..J & D
1st con s g 4 % s 1929— M&N
S outhw estern P ow er & L igh t—
R och ester & S yracuse R R 81
83
72
73
ls t M c o n v 5s 1957____ M&N
1st lien 5s 1 9 4 3 . . -------- J& D
83
86
8 % gold notes 1925 Ser A F & A
74
R o c h T elep gen 5s 1 9 3 3 ..A & O
P rior lien M 4s Jan 1946 Ser B
8% notes 1941 Ser B — J&J
80
R o ck fo rd (111) E lectric C o —
G en ref M 5s Jan 1951 Ser A .
92
94
De’b g 6s 2022 Ser A ____ M&S
66
1st & ref s f 5s ’ 39 o p ’ 1 4 . M&S
G en ref M 4s Jan 1951 Ser B .
—
R o ck fo rd & In ter-U rb a n R y —
S outhw est U tilities, A lv a , Okla
nited E le ctric Securities C o —
92
1st g 5s 1922 o p 1907____ A & O
1st M s f g 6s 1929____ F&A
98
96
97%
C o ll tr g 5s 1933 to 1 9 4 3 .F & A
R o ck fo rd & F reep ort 1st g gu
S W M issouri RR 5s 1 9 3 1 .M & S
97%
’nited Fuel G as 6s 1 9 3 6 ..J&J
97%
S W M o E l Ry ref 5s ’ 2 3 .M & S
5s 1923 op aft F eb ’ 10 M&N
7 % s A u g 15 1931____ F & A 15
R o c k B & J 1st g 5s ’ 3 0 g u A & 0
99
Spring B r’ k W a ter— 5s g ’ 26. A&O
lo o
R u m ford Fallo P ow 4s O c t l 1945
97%
72
69
R u tla n d R y L & P lst5 s ’ 4 6 .M & S
94
96
1st 4s F eb 1 1940------------ F&A

__

.

___

___

___

___
___
___
___

___

__
_

___

/___

bB
asis.

/ T p in d a ed in
his rice clu es ccru
terest, ieL sale.
f ast




I

In L
ondon. » N inal, r C ad p
om
an ian rice. » S le p
a rice.

42

PUBLIC UTILITY BONDS AND STOCKS

[V ol. 1 1 6 .

N O T IC E .— All bond prices are “ and in terest” e cept w here marked “ t” and income and d efau lted b on d s.
Bon d s.

Bid.

Ask.

B on d s and Sto cks

Bid.

Ask.

Sto c k s.

Bid.

A s*.

U n ited L igh t & R y s —
C h ica g o R y s p a rtic ctfs Ser 1___
V
10
15
87
1st & ref g 5s 1932 o p .- J & D
85
Series 2 _______________________
1st & ref s f g 1949 o p .M & S
88
8 8 14
23*
96?*
C o n v d e b 6s 1926______ M & N
91
Series 3 _______________________
9834 VWinnipeg E l— 1st ref 5s ’ 35 J&J
3*
U nited P ow er & T ra n —
Series 4 _______________________
V Wisconsin E d ison C o —
3*
D e l C o & P h i tr ctfs 4s’ 49 J&J
C o n v d eb 6s 1924_______M&N
99)4:
1003* C h ica go Sub G as & E le c tr ic . 100
_
57”
U n ited R y s tr ctfs 4s ’ 4 9 .J & J
5 § ” VWisconsin E le c P ow er—
P referred __________________ 100
—
U n ited P u b lic U tilities (D el)
C hris & 10th Sts R R — See N Y
108
1st M 73*s O ct 15 ’ 4 5 .A & 0 1 5
„ys.
1073*
1st 6s 194 3 ______________ J&J
| in cinnati G as & E le c tr ic ___100
C
Wisconsin G as & E le ctric—
84
833*
U nit R y s & E le c (B a ltim ore)—
C in cin n a ti G as T ra n s p _____ 100
1st g 5s 1952 o p t 1 9 1 9 ..J & D
100
110
1st con sol g 4s 1949------ M&S
7214 \ Wisconsin M in n L igh t & P ow
C in cin n a ti & H a m ilton T ra c. 100
15
25
l6 6
10014
88
1st c o n M 6s 1949______ M&S
90
1st & ref 5s 1944 o p ’ 1 9 . M&N
P re fe rre d __________________ 100
25
50
99
5 3 14
In com es g 4s 1949 op ’ 29 J & D
C in e N ew & C o v L t & T r a c . 100
5314
7s 1 9 4 7 . . . ____________________
75?*
783*
75
94
I n c fu n din g g 5s 1 9 3 6 ._ J & D
P re fe rre d __________________ 100
R e d W in g G L & P 5s 1 9 2 6 ..
60
62
97 %
9 7 14 VWisconsin R iv e r P ow er—
6 % g o ld notes 1927_____ F & A
C in cinnati Street R y _________ 50
33%
333*
85
B a lt Sparrows P t & Ches—
87
C Incin & Suburb B ell T e l e p . . 50 d 69
1st 5s 1941_____________ M & N
69 %
85
87
y Worcester & C on n E astern R y —
1st g gu 4 3*9 1953___F&A
C ities S e rvice ________________ 100, 180
183
58
98
B alt T ra c C o 1st M 5s’ 2 9 . M & N
P referred __________________ 100
1st s f g 4J*s 1943_______ J&J
68?*
683*
98
y Tore C o n St R y 7s 1 9 3 0 ..M & S
75
N o B alt D iv 1st 5s ’ 4 2 . J & D
C ities S ervice B ankers shares (t)
17?*
183*
98
100
65
C en t R y con M g 5s 1932. M&N
C itizens G as (Ind ianap ) c o m . 25 d25
1st & ref g 43*s 1930_____F&A
26
98
100
70
E x t & Im p 5s 1 9 3 2 ...M & S
P referred __________________ 100
D e b g 5s 1927___________M & N
98
100
98
100
50
L ake R o E l 1st 5s ’ 42 M & S
C itizen s’ Pass R y — See Phila R T
W o re & C lin t 7s 1930— J&J
70
U nited R ailw ays o f H a v a n a C itizens T ra ctio n — See P hila C o
V
105
106
’i
E q 73*s F eb 15 ’ 3 6 ..F & A 15
C ity Pass R y — See R ead in g T r
89
Unit R y s (P h ila )— See U nit P & T
C ity R y (D a y t o n , O h io )____ 100;
60
1st M 5s 1941___________A&O
U nited R y s o f St L ou is—
P re fe rre d ___________________100
60
a rm outh Lt & P o w e r, L td —
82
79
64
61X
G en g 4s J u ly 1 1934— J&J
C lev e E le c Iliu m , c o m _______100
123
1st M 5s 1937___________A & O
100
105
C o m p t H U D & M T er 6s ’ 13
6 % p re fe rre d ______________100
1st refu nding 8s 1951___ M & N
99 3*
98
8 % p referred ______________100
E x t at 5 % to 1923____ J& J'
0714
112
7s gold notes 1924______A&O n93
111
9SM
St L & Sub 1st 5s g 192 1 . F&A
C lev e P a in sv & E astern R R .1 0 0
3
100
’j
E x t at 8 % to 1923_______
C lev elan d R a i l w a y __________100
96”
97”
90
93
70
G en g 5s A p r 1 1923 gu A & O
C lev e S outhw & C o lu m R y .-lO O
—
1st 5s June 1 1951_______J & D
3*
62
96
100
66
St Louis Trans C o 5s 1924 A&O
P re fe rre d __________________ 100
2d 6s M a y 1 1924_______M&N
80
81
21
U nited R y s In vestm en t C o— i
C o lo ra d o P o w e r_____________ 100
C on s. M 5s M a y 1 1 9 5 7 .M&N
22
89
1
91
8814
P re fe rre d ___________________100
1st lien c o ll tr s f g 5s ’ 26 M&N
93
923*
97
U nited T ra ction (A lb a n y )—
!
C olu m b ia G as & E le c ________ 100
1083*
1083*
50
78
53
C on g 4 ?*s 200 4 ________ J& D
30
C olu m b ia (S C ) R y G as & E l . 100
1st M g 5s 1935 o p t '1 5 A&O
50
76
80
h_ oun gs-Snaron R y & L — See M ah & S R y & L
A lb a n y R y co n M 5s g ’ 30 J&J
P referred ___________________100
40
60
73
76
|
z
Gen g 5s 1947_________ J& D
olu m b u s(G a )E l& P o w c o m . 100
Zanesv R y L & P — See C o l N ew & Zane sville
—
65
T r o y C ity R y 5s g 1 94 2 . A&O
1st p referred _______________100
U nit T r (P itts b )— See P hila C o
46”
P U B L IC U T IL IT Y S T O C K S
473*
80
Par
85
7 7 ?*
P referred A ________________100
U nited U til 1st 6s ’ 43 op ’ 18 J&J
79
23
95
} d iron d a ck P ow er & L ig h t. 100
P referred B ________________100
U S P u b Serv 1st 6s ’ 2 7 . . F & A
63
21 J*
A
65
9 2 )4
95
100
16
U S T elep h on e 1st 7s 1921 ext to
22
7 % p referred _____________ 100
25
27
1941______________________ J& D
129
10314 10414 1 la b a m a T r , L & P , c o m — 100
A
1293*
65
75
65
U ta h G a s& C o k e lst5 s 1436 J&J
P referred __________________ 100
67
9
87
13
8 9 ” J lb a n y S outhern R R c o m . .1 0 0
24
U tah L t & P con s g 4s ’ 3 0 .J & J
A
26
23
28
65
6 % p r e fe r r e d _____________ 100
U tah L igh t & T ra ction —
P referred __________________ 100
so% 7 ll A m erica C ables I n c ____ 100 p 105?* 108?*
30
1st & ref 5s 1944 Ser A ..A & O
40~"
8514
A
91
112
U tah P & L 1st 5s 1 9 4 4 . . . F&A
A
116
9 1 % 1 lleg h en y T ra c— See Phila C o
70
—
j
75
93
U tica E l & P 1st 5s 1 9 5 0 ..J & J
P re fe rre d __________________ 100
A m er D ist T e le g (N J ) ____ 100
95M
92
157
48
U tica G a s& E lref& e xt 5 s ’ 57 J&J
50*’
9314 1 m erican G a s & E le c tr ic ____ 50 d 154
A
50
443*
G en M 7>*s ’ 25 Ser A ..M & S
P referred __________________ 100
54
P referred ____________________50 d 43%
79
U tica & M oh a w k V alley R y 11014
A
i m er Gas o f N ew J e rse y _____100
793* C ons G a s , E L & P ( B a lt )__ 100
72
140
ls t g 4 U s 1941_________ M & S
8 % p re fe rre d _____________ 100
A
1 1 8 "’
- - - 1 m er Light & T r a c tio n ____ 100 138
in n
92
94
96
10514 106 14
U tica B elt L 1st g 5s .39 M & N
7 % p referred _____________ 100
P referred __________________ 100
97
134
V alley C ounties P ow 5s ’ 30M &N
C on solid a ted G as (N Y ) .
See under N Y City
07% A m er P ow er & L ig h t------------- 100 130
C ons T ra c o f N J— See P u b Serv C osp
84%
863*
V entura C o P ow 1st 6s ’ 36 M & N
P referred __________________ 100
d 35
40
75
C on sol W ater (U tica) c o m . . 100
V erm ont H y d ro-E lec C orp —
80
O p tion a l warrants 1931.
22
92
94
25
73
85
1st M 6s 1929____________ A & O
5 % p referred _____________ 100
A m er P u b lic U tilities_____ 100
90
92
50
53
100
105
V erm on t P ow & L tg 5s ’ 2 7 . M&S
7 % p referred _____________ 100
P referred __________________ 100
80
82
d 11%
C onsum ers’ G as (T o r o n t o )___ 50 ■ 15$
V irginian P ow 1st 5s 1 9 4 2 .J& D
A m erican R ailw a ys C o ______ 50
159
123*
97
64
67
99
C onsum ers P o w ( M ic h ) , p ref.100
90
93
7 % g o ld q otes 1924____ M & S
P referred __________________ 100
56
60
C on tin en tal G as & E le c c o m . 100
30
V irginia R y & P ow er—
A m er T e le g & C ab le g u a r___ 100
84% A m er T e le p & T e le g ________ 100 121?* 121?*
8414
66
69”
1st & ref g 5s 1934_______J&J
P re fe rre d ________________
39
41
95
C on tin Pass R y — See P hila R T
N o rf & A tl T erm 5s ’ 29 M&S
A p pa la ch ia n P o w e r . . ...........1 0 0
86
88
—
88
C u m b ’l ’d C o (M e ) P & L t ___100
41
N orf & P orts T r 5s ’ 3 6 . .J & D
P referred __________________ 100
6
8
P referred __________________100
81
W ash A lexandria & M t V ern on
A rizon a P o w e r_______________100
29
23
31
D a n v C h a m p & D e c , p r e f_ 100
_
85
1st g 5s 1955 o p t ________ M&S
P referred __________________ 100
32
22
35
62
D a y to n P ow er & L ig h t____ .1 0 0
C ertifica tes_______________
A rkansas L ight & P ow c o m . 100
87
90
P re fe rre d _________________ 100
84
W ashington B alt & A n n E l—
P referre d __________________ 100
8
D a y to n & W estern , co m m o n . 100
70% A rkansas N atural G a s ______ 10 d 7%
7014
1st M 5s M a r 1941 o p . _ M&S
94
W a sh ’ n (D C ) G as 5s 1 9 6 0 .M & N
P re fe rre d _________________ 100
A rkansas V al R y , L & P p f.1 0 0
*2 ”
*6** D e n ve r & N orth w estern R y . 100
10
10314 104
6
A u gu sta -A ik en R y & E l ___100
7 3 * % gold notes 1926____ J&J
5
10
D e tro it E d is o n ______________100
107
108 14
W ash in g ton -Id ah o W a t L & P —
P referred _______________
53
d 42
56
70
423* D e tro it U n ite d R y __________ 100 r 69?*
1st g 6s 1941____________ M&N
60
62
73
30
D o m in io n Pr & Transm issionlOO r 20
W ash R y & E l g 4s 1951___J& D
7214
98
9014 100
103
91
P re fe rre d _________________ lOOr
89
G en eral 6s 1923__________ J&J
83
88
D o m in io n T eleg (C a n a d a )___50 r 43
A n a cost & P o t 5s 1 9 4 9 ..A & O
d 5c
88
7 c" D u lu th E d ison E le c tr ic _____100
37
G u aran teed _____________
84
r 115?*
116
79
P referred __________________ 100
C ity & Sub 5s g 1948___F & A
8 5 14
10
97
30
D u lu th -S u perior T ra c C o __ 100
25
M etrop olita n 1st 5s 1925 F&A
35
45
P referred __________________ 100
40
W ashington W ater P ow er C o —
P referred ____________
d 70
98
7 8 ” D uqu esn e L igh t— See P hila C o—
102
C on sol & c o llt r g 5 s 1 9 2 9 .J&J
B la ck ston e V al G as &
97
98
20
102
—
E astern M ass St R y , c o m ___100
19 14
1st ref 5s 1939 o p ________ J&J
72
1st p re fe rre d ______________ 100 x 70
W aterloo C ed Falls & N o R y
223/2
58
27
P referred B s to c k _________ 100 x 57 ?*
1st M s f g 5s 1940 o p ’ 1 5 . J&J
B loom in g to n & N orm al R y &
80
37?*
A d ju stm e n t s t o c k ________ 100
36
W estchester E lec— See 3d A v R y
81?*
36
82”
96?*
A d ju stm e n t (trust c t f s ) . . 100
35
9 8 14 B oston E le v a te d R R c o m .
W estchester Lt 1st g 5s '5 0 . J& D
97
84
20
89
______ E astern P enn E lec. C o . ( t ) _____
10
N Y Sub G as— 1st g5s’ 49M&S
92
12014 E astern T exas E le c C o c o m . 100
1st p referred _______________100 120
W est Chester (P a) St R y —
84”
82
81
P referred __________________ 100
2d p referred _______________100 10 2 3*
1st g 5s A u g 7 1932_____ F & A i 78
10314
E astern W iscon sin E le c pref . 100
85
W est E n d St R y — See B oston E l
B oston & W ore E le c , (no par) d
E ast B a y W a t (San F r) c o m . 100
P referred ____________ (no par) d 10
W est L ib erty St R y — See Phila Do
I
87
P referred A ________________ 100
8 6 14
B razilian T r L & P L t d ____ 100 r 43 3*
4314
W est Penn C o —
97
P referred B _______________ 100
75
99
B ’w a y & 7th A v e R R — -See N Y R y s
D e b g 6s June 15 1 92 5 .J & D 1 5
114?*
115
E ast R e a d ’g E l— See R ’d ’g T ra c
W est P enn P ow er—
B rook ly n E d is o n ____________ 100
4
92 X
814
0214
4 14 E ast St L ouis & S u b u r b a n ..1 0 0
R ig h t s ________________________ d
1st M 5s ’ 46 op ’ 21 Ser A M&S
P referred __________________ 100
50
B ro o k ly n R a p id T ra n sit____ 100
1 1 ?*
10114 102
11 ?*
1st M 6s 1958 Ser C ____ J& D
104?*
9
1 04 14
9 14 E d ison E le c Iliu m (B o s t o n ). 100 x 168 14 169
C ertifica tes o f d e p o sit________
1st M 7s 1946 Ser D . ..M & S
99?*
8 14
101
814 E ighth A v e R R — See N Y R y s
B rook ly n C ity R R __________10 d
C o n v deb 6s 1924________ J& D
80
123
124
E lectrical Securities, p r e f___100
70
B rook ly n U nion G a s ________ 100
W est Penn R ailw ays C o —
116
115
E lectrical U tilities, c o m ____ 100
17
B u ffa lo G eneral E le c tr ic ____ 100
1st g 5s Jan 1 1931_____ A& O
80*
P referred __________________ 100
70
C alif E le c G en era tin g, p r e f.1 0 0
P itts M c K e e s & C onnells R R
10
92?*
E le ctric In v estm en t C o r p __ 100
5
9 3 j* C aliforn ia-O re P ow er c o m . 100
1st con s 5s Jan 1 ’ 3 1 . .J & J
75
95
P referred __________________ 100
65
P referred __________________ 100
W est P enn T r 1st 5s I9 6 0 . J& D
32
35
E lec Storage B a tt— See In d & M isc C os
C alif R y & P o w p rior p r e f . .1 0 0
W P hila Pass R y — See Phila R T
75
E liza beth G as L ig h t__________20 d 65
80
84
C al St C ab le R R (S a n F r a n ). 100
W est V a U tilities 6s 1 935.J& J
E liz & T re n R R — See P u b Serv C orp
95
C a m d en & S u b R y— See P S C orp
—
W esterly L & P 5s 1937____ J& D
82
E lm ira W L & R R 1st p f v t C100
91
C anadian General E le c tr ic . 100
W estern Light & P ow er—
127*
E l P a s o E l e c t r i c C o . c o m ___100
125
Preferred
101J4
1st s f 5s 1925___________ M&N
102
104
P referred __________________100
85
C apital T r a c (W a sh , D C ) 100
W estern N Y U tilities 5s’ 46 J & D
65”
67
65
E m p ire & B a y S tate T e l e g . . 100
59
C arolina P ow & L ig h t, com .lO O j
W estern States G as & E lectric—
100
98
E m p ire D ist E le c , p r e f_____ 100
------91
93
P referred__________________ 100;
1st & ref 5s 1941 o p t ____ J& D
96
E m p ire G as & Fuel C o , p r e f____
____
0014 C entral A riz P ow & L , p r e f____
W estern T & T co ll tr g 5s ’ 32 J&J
94
51”
E qu ita b le 111 G L (P hila) p f.1 0 0
92
98 H
08% C en t A rkan R y & L C o rp p f.1 0 0 .
W est U n T el eg coll tr 5s ’ 3 8 . J&J
25
E rie L igh tin g , p r e f____ (no par) d 24
02% Cent C rosst R R — See N Y R y s I
91
F d g & R E M 4 3 * s g ’ 5 0 . M&N
115
Essex & H u d son G a s _______ 100
112
109
109?* C ent H udson G as & E le c ___100
6 ?*s A u g 1 1936________ F & A
R T
88
87
F a irm ’t Pk & H a d Pass R y — See P hila
9 5?j
C ent 111 P ub S erv, p re f_____ 1 001
M u t U n 6 s e x t a t 5 % t o ’ 41M & N
F a ll R iv e r G as W o r k s ______ 100
210
93
C e n tP k N & E R R — See N Y R ys;
91
N o rth w ’ n gu g 43*s 193 4 . J&J
5 2*"
12
10
F ederal L igh t & T r a c , c o m _ .( t ) d 50
89
92
C entral States E le c C o r p ___100
W h a tcom C o R y & L t 5s’ 35M & N
75
70
68
P re fe rre d __________________100
73
P referred __________________ 100
W heeling (W V a) E lec C o —
10
5
93
Ches & P o to m T ele o f B alt p f ___I 100
11014 Federal U tilities____________ 100
1st M 5s 1941 o p t _____ M&Nj
oiy4
P re fe rre d __________________100
65
4
C h ic A ur & E lg C o rp v t c w i . . d
W heeling T ra c 5s g 1931___J&J
45”
~ F ranklin T elegrap h ( g u a r ) .. 100 36
1
91”
9 5 ” C h ic C ity & C o n co m part cts (t ) d
5
W ilkes-B arre G & E 5s’ 55 ODtJ&J.
29?*
2 7 14
6
P ref p a rtic c t fs _____ (no par) d
014 G a lv e sto n -H o u sto n E le c G o . 100
W ilk es-B arre & H azleton R R — '
72
P referred __________________100,
69
50
46?* C h ica go C ity R y ____________ 100
1st co ll tr g 5s 1 9 5 1 ..M & N 15 r 42
’ 1
G as & E le c o f B ergen C ountylO O
70
C h ica go E le v a te d R y s c o m ____ j
14
W ilk ln sb & E P itts St R y — See Phila C
100
P referred ____________________
014 Gas & E le ctric S ecurities__ 100
W illa p a E le c 6s 1923_______J&J
96
P re fe rre d _________________ 100
W illia m sp t G as— ls t g 5 s ’ 39F & A
90
a Purchaser also p a ys accrued d ivid en d . 6 B asis, d P rice per share, n o t per c e n t . / T h is p rice includes accrued interest, k L ast sale, n N o m in « l . 0 P er cent o f par va lu e, p E x -2 0 % stock d ivid en d , r C anadian p rice , s Sale p rice, t E x -2 5 % stock d ivid e n d , x E x -d iv id e n d , v E x­
rights. t W ith ou t par va lu e.




__

PUBLIC UTILITY STOCKS

F e b ., 1 9 2 3 . ]
Sto c k s.

C on vertib le p referred___

P referred _

H ackensack

°ar.

B id.

100
100
100

7

100
100
100
100
100
100
100
100
100
100
.2 5
.2 5
.5 0
100

H avana E lec L t A P o w e r _
_

63
13
5

.2 5
25
100
100

120
38
105
43
105
33

d
d
d
d
d
d

100
100

P referred .
[oughton C
P referred .

25
25
100
100
1
1
1
1

0
0
0
0

0
0
0
0

100
100
100
100

P referred .

100
100
100

98 K
20
25

____
157
36
38 K
88
99
10
70

d
d

10
18
1
15
90
n o
41
78
15
80
______
75
104
11

27
Preferred
Indiana U nion T ra ctio n ____ 100
Indianapolis G a s_____________ 50 d 5 0 K
Indianap & Southeast T r , p f.1 0 0
64
Indianapolis Street R y C o . .1 0 0
90
Ind p anap W W S e c. p r e f____ 100
102
Indianap W ater C o p ref____ 100
In terb oro C on sol C orp v t c . . (f)
P referred __________________ 100
K
V o t trust ctfs “ w hen issued’ ’ .
In terb oro R T v t c w l _________
17 K
95
Internat Ocean T eleg (gu a r). 100
10
International R y v t c _______100
Inter-S tate R ailw a y s, p r e f___10
~7~”
Jackson ville T r a c t io n , co m ..1 0 0
37
P referred __________________ 100
Kansas C ity P ow er S ecu r___(t)
P referred _____________(no pari
30
K en tu ck y Securities C o r p ___100
60
P referred __________________ 100
K en tu ck y & W V a P o w , c o m . 25 dn 10
P referred __________________ 100 dn 9 5
K ej rstone T elep h on e _________ 50 d
7H
P referred ___________________ 50 d 2 5
150
K in loch L on g D ist T e le p ___100
Laclede G as L ig h t ___________ 100
83K
73
P referred __________________ 100
1
Lake Shore E le c , c o m _______100
First p referred ____________ 100
S econd p referred __________100
Laurentide P o w e r___________ 100 r
Lehigh P ow er S ecu rities____ (t) d 1 8 K
Lehigh V a lley T ra n sit, c o m . .5 0 d 18
P referred ____________________50 d 3 5
Lone Star G a s, n e w ___________ 25 d 2 6 K
Los A ngeles G & E C o r p , p f.1 0 0 ,
L ouisville H om e T e le p h o n e . 100 z 9 0 ~ ~
Louisville R ailw a y C o _______1001
39 K
85
P referred __________________ 100|
183
Low ell E lectric L ig h t________ 100
Low ell Gets__________________ 100
198
44 ys
M anh attan E lev R y (N Y )_ _ 1 0 0
E q u ip T r C o ctfs o f d e p o s it. .
38
56
M a n u fac L t & H t , P itts b ____ 50
M arket St R y (San F r a n )___100
m
40
P referred __________________ 100
67
P rior p referred ____________ 100
21
S econd p referred __________100
M assachusetts G as C o s _____ 100
83 H
71
P referred __________________ 100
M assachusetts L tg C o s, c o m . (t)
85
p referred _____________ 100
8 % preferred _____________ 100
110
M em phis Street R y , c o m ___100
10
45
P referred__________________ 100
94
M etrop E d ison cu m p a rtic p f (t)
M exican Light & P o w , c o m . 100
16
M exican T elep & T e le g _______10
I K
P referred . . : _______________ 10 d
IK
M e x ico T ra m w a y ____________ 100;
M id d le W est U tilities______ 100:
4 5 K
85
P referred __________________ 1001
P rior lien s to c k ____________ 100, 102
101
M ilw a u kee G as Light 7 % p f ____
84
M ilw E lec R y & L t 6 % p r e f. 100
M ississippi R iv er P o w er____ 100
26 K
P referred __________________ 100
81
75
M o b ile E le c tr ic , p r e f________ 100
M oh a w k V alley C o _________ 100|
M on on ga h ela P ow & R y .c o m . 25 d " s ’ "
P re fe rre d ___________________ 25 d 1 8
66
M on ta n a P o w e r_____________ 100
111
P referred __________________ 100
M on treal L , H & P C o n s ____ 100
1 0 5 K
52
M on treal T e le g r a p h _________ 40
M on treal T ra m w a y s , c o m .-lO O
M on treal T ra m & P o w e r___100
ilx
74
M ou n tain S tates P o w , p r e f . . 100
103
M ou n ta in S tates T e l & T e l . .1 0 0
130
___ 100
M u n icip al Gas
N arragansett E le c tr ic ________ 50
66K
3
N a tion a l L ig h t, H ea t A P o w .100
25
P referred _______________ ,..1 0 0
39
N ational P ow er & L ig h t, c o m . .
P referred ______________________
80 K
79
N ewark C on solid a ted G a s . . 100
185
N ew B ed ford G asA E d L t ColOO
N ew B ed ford A O nset R y ___100
1 7 K
49
N ew E n gla n d C o , c o m _____ 100
85
First p referred ____________ 100
45
Second p referred __________100,
N ew E n gla n d P ow er p r e f___100

A sk.

S to ck s.

B id.

118
N ew E n gla n d T e l A T e l_____100
N ew H a ven G as L ig h t_______ 25 d 34 K
N ew H a ven W a te r___________50 d 76
88
N ew Jersey P ow & L p re f___ 100
6 K
64
N ew Orl P ub Serv c o m ___
______
72
P referred_______________
______
N ew Orl R y s A L igh t C o ____ 100
51
39
P referred __________________ 100
57
N ew p N & H a m p R y , G A E .1 0 0
1 0 5 K
90
P referred __________________ 100
4 3 K
115
N ew Y o r k C ity — C on sol G as 100 133
36
W h en issued_________ (no par) d 66 Vs
60
Standard G L o f N Y c o m . 100
99 K
70
25
P referred ________________ 100
—
N ew Y o r k R a ilw a y s________ 100
5
B leecker St & F u lton F ’y .1 0 0
8
160
B w a y & 7th A v e g u a r____ 100
3
C entral C rosstow n 7 % ___ 100
3 7 K
40
10
C hristopher & T en th Sts__100
90
50
E ig h th A v e ________________ 100
101
20
•
42d St & G ran d St F e r r y .. 100
25
30
N in th A v e guar 6 % _______ 100
—
73
S econd A v e ________________ 100
25
12
Sixth A v e _________________ 100
5
20
T w en ty -th ird St g u a r____ 100
40
N Y & R ich m o n d G a s _______100
_ _ N Y S tate R y s c o m m o n ____ 100
34
_
64
P referred __________________ 100
—
113
s
N Y T elep h on e 6 K % p r e f . .1 0 0
43
107
N iagara F alls P ow er c o m ___100
108
80
P referred __________________ 100
____ N o rfo lk R a ilw a y & L ig h t____ 25 d
23
70
N orth a m p to n (M ass) St R y .1 0 0
61
N orth C aro P u b lic S erv pref 100
______ N orth O hio E le c C o rp , c o m _ (t ) d
9
P referred __________________ 100 d 33
69
13
N orthern O hio T r & L pref .. 1 0 0
31
20K
N o r O ntario L t & P o w c o m . 100
59
P referred __________________ 100
93
N orthern States P o w e r_____ 100
55K
60
92K
P referred __________________ 100
81
67
N orthern T e x E lec C o c o m .-lO O
78
95
P referred __________________ 100
—
N orth w est E le c tr ic __________ 100
—
P referred __________________ 100
“ K
N orthw estern T eleg (g u a r)___50 d 46
%
O hio Bell T e le p p re f________ 100 1 0 2 K
18 K O h io Cities G as— See Pure Oil C o
102
O hio Fuel S u p p ly _____________ 25 d 65 K
11 O hio G as & E le ctric p r e f____ 100 90
______
O hio T ra ctio n — C o m m o n ___100
____
P referred__________________ 100
O klahom a N atural G a s ______ 25 d 2 1 K
____
O m aha & C ouncil B lu ffs ____ 100
35
P referred__________________ 100
O ttaw a L igh t, H eat & P o w . 100 r 8 8 K
35
O ttaw a T r a c t io n ____________ 100 r ------70
O ttum w a (la ) R y & L t p r e f. 100
P a cific & A tla n tic T el (g u )___25 d 14
P a cific Gas & E le c tr ic_______100
79K
8
First p re fe rre d ____________ 100
28
90K
P a cific Light C o rp o ra tio n — 100
79
P referred__________________ 100
84 K
P a cific T e le p A T e le g ______ 100
91
P referred __________________ 100
15
P aducah T r & L ight c o m ___100
P referred __________________ 100
75
P aterson & Passaic G as & E l 100
75
P aw tuck et Gas p referred ___100
18
23
Penn C entral L ight & P p r e f. (t) d 5 6 K
102
Penn sylvania E d ison p r e f.
38
P en n -O h io E le c C o c o m ____ 100
27
85
P referred __________________ 100
166“ P enn -O hio P o w & L t , p r e f . .1 0 0 99
106
4 0 K P enn sylvania W a te r & P o w . 100
3
Pensacola E le c C o c o m m o n . 100
88
20
P referred __________________ 100
185
P eop le’ s G L & C (C h ic )____ 100
205
93M
Phila C o (P itts b u rg h )________ 50 d 42
48
5 % n on -cu m p referred -------50 d 33 K
38K
6 % cu m p referred _________ 50 d 4 3 K
57
A lleg h en y T ra ctio n ________ 50 d ____
8K
C itizens T ra ctio n ___________ 50 d -----41
no
D u qu esn e Light p re fe rre d . 100
67M
F ederal St & Pleasant V a l . ,2 5 d
2 1K l
P ittsb u rg h & B ’ham T r ------ 50 d ____
84
73
U nited T ra ctio n p re f_______50 d -----25
Phila E le c tr ic _________________ 25 d 3 2 K
90
P referred ___________________ 25 d 32
Phila R a p T ra n v o t tr c t fs — 50 d 30
115
C itizens Passenger gu a r— 50 215
C ontin en Pass R y ($29 p d ) .5 0 d 77
F a irm ’ t P k & H a d d in g’ n — 50 d 40
97
F ra n k f’ d & S outhw ark Pass 50 d 270
G erm a n tow n Passenger— 50 d 75
~ ik
G reen & C oates Sts ($15 p d ) 50 d 70
3
H eston ville M & F c o m ____ 50 d 25
P referred _________________ 50 d 40
46 K
Phil C y Pass R y ($22 M p ) .5 0 d 112
86
103
P hila & D a rb y Pass R y ____ 50 d 23
Phil & G r a y ’ s F y ($25 p d )_ 5 0 d 62
103
Philadelph ia T r a c tio n _____ 50 d 66
87
R id g e A v e Pass ($28 p d ) — 50 d 185
27K
82
2d & 3d Sts R y g u a r______ 50 d 190
13th A 15th Sts Pass R y ___50 d 190
U nion Pass ($30 5-6 p d ) — 50 d 120
10
U n ion T ra ctio n ($ 1 7 K p d ) .5 0 d 39 K
W est Phila Pass g u a r_____ 50 d 135
18K
8
Phila & W estern R y c o m -------- 50 d
67
P referred ____________________50 d 35
85
106" Pine B lu ff C o p re f___________ 100
P ittsb & B irm T ra c— See P hila C o
P ittsb u rgh Oil A G a s ------------- 50 d
160"
8K
P ortla n d (M e ) Gas L ig h t------ 50 d 49
14
P ortla n d (Ore) R y L & P .. 1 0 0
95
105
P rior p referred ____________ 100
70
132
1st p r e f____________________ 100
45
70
2d p r e f_____________________ 100
5
P orto R ic o R y s L t d __________100 r 26
35
P referred __________________ 100 r 78
41
P rov id en ce G a s ______________ 50 d 65
97%
S I X P u b lic S ervice C orp o f N J .1 0 0
105
P r e fe r r e d .. ---------------------100
C am d en & Sub ($5 p a i d ) . .2 5 d ____ k
45
C on solid a ted T ra c o f N J .1 0 0
R a p id T ransit St R y C o . . 100 140
So Jersey G as & E le c T ra c 100 109
85
P u b lic S ervice In v est pref.
9
68
15

_

„_
.

A sk.

43
Sto c k s.

P a r.

B id .

A sk.

102
119
P u b lic S ervice C o o f N o r 111. 100
101
96
P referred __________________ 100
97
35 K
50
52
77 K P uget S ound P ow er A L ig h t. 100
94
6% p referred _____________ 100
79
82
66
104
7 % p referred _____________ 100
106
74
Q u ebec R y , L t , H eat A P o w . 100ir 24
24 K
R ailw ays C o m p a n y G e n e r a l.. 10'd ___
52
R a p T ra n St R y — See P u b Serv, C o rp
59
24
R ead in g T ra ctio n _____________ 50 d ___
94
C ity Passenger R y _________ 50 d 95
100
135
60
E ast R ead in g E le ctric R y ._ 5 0 d 50
67 K R ead in g Transit A L t , p re f___ 50 d
75
14"
R e p u b lic R y A L ig h t, co m . _ 100
12
82
P referred __________________ 100
42
45
R ich m o n d L ight A R R _____ 100
10
104"
R o c h R y & L igh t, 5 % p r e f . . 100
95
12
105
7 % p referred _____________ 100
102
5
1
R o ch A Syracuse R R c o m ___100
3
37
P referred __________________ 100
34
65
St Jos R y , Lt A P o w , p r e f___100
55
30
San J oaq u in L igh t & P o w e r . 100
35
P re fe rre d __________________ 100
P rior p referred ____________ 100
99
30
102
Savannah E l & P ow d eb s t k . 100
99
10
S cio to V a lle y T ra c, c o m ____ 100
6
3
67
F irst p referred ____________ 100
57
36
P referred __________________ 100
39
36
67
115
S haw inigan W ater A P o w e r . 100 1 1 4 %
n o % Som erset U n & M id d lesex L t 100
60
58
106
S ou th C alif E d iso n , c o m ____ 100
105 K
108 Vs
P referred __________________ 100 121
123
20
23 K South A A tla n T e le g ( g u a r ) ..2 5 d 1 5
75
132
Southern N ew E n g T e le p ___100
131
65
10
Southern U tilities, c o m _____ 100
7
11
52
48
P referred __________________ 100
34
So Jer G a s, E l A T r— See P u b lic S ervice C orp
S outhw est M issouri R R ____ 100
22
S pringfield (M o ) R y & L , p r e f . .
9 0 *
61
100
S p rin gfie ld (O )L H A P 7 % p f 100
95
96
90
87
Six per cent p re fe rre d ____ 100
96
Spring V a lle y W a te r________ 100
73 K
84
S tandard G as A E lec ( D e l ) . .5 0 d 1 8 K
81
P re fe rre d ___________________ 50 d 4 8
49
—
S uburban E lectric Securs (no par) d . _
1st p referred _______________100 d . .
50
2d p re fe rr e d _________ (no par) d . _
60
50
1 03 K S uperior W a te r, L A P , c o m . 100
75
60
P referred __________________ 100
66
137
T a m p a E le ctric C o __________100
95
Tennessee E le c P o w e r, c o m . . (t) d 1 4 K
15K
76
6
73
1st p referred _______________100
2 5%
46
2d p r e fe rr e d _________ (no par) d 4 4
22
5
T erre H aute In d A E a s t ____ 100
2K
17
10
P referred __________________ 100
90
45
T erre H aute T r A L t , p r e f._ 1 0 0
16“
89 X T h ird A ven u e R y (N Y ) ____ 100
1 5 K
T id ew a ter P ow er 7 % p r e f. .1 0 0
68
102K
8 % p ref s t o c k _____________ 100
97K
18
T o le d o B o w l G reen A S o , p f.1 0 0
105
106
7 9 K T o le d o -E d is o n p rior p r e f____ 100
9 0 % T o le d o R y s A L igh t C o _____ 100
61
T o ro n to R a ilw a y ____________ 100 r 9 0 %
80
—
T r i-C ity R y A L ig h t, p r e f___100
7
16
T ri-S ta te T elep A T e le g _____ 10 d
8
9
P referred ____________________10 d
91%
150
—
T r o y (N Y ) G a s _____________ 100 140
23d Street— See N Y R ailw a y s
m
57
59
T w in C ity R a p id T ra n s it___100
86
P referred __________________ 100
26
5 7 % U nion N atu ral G a s __________ 100
25 K
120
106
U nion St R y (N e w B e d ,M a s s ) 100
U nlon T ra c o f I n d , c o m _____ 100
K
IK
90
28
First p referred ____________ 100
18K
102
5
1M
85
107
75'rf
—
U n ited E le c R y (P ro v id e n ce ) —
U nited E le ctric S ecur, p r e f_
"2 “
T "
9 3 % U n ited G as A E le c C o r p ____ 100
36
43
40
5
8
36
S econ d p referred __________100
50
60
44
U n ited G as A E le c o f N J , p f . 100
50 K
—
U n ited G as Im p r o v e m e n t___50 d 5 0 %
56
P referred ___________________ 50 d 5 5%
115
203
U n ited 111 C o o f N ew H a v e n . 100 200
d 111
114
—
S u b scrip tion receip ts
74
76
—
U nited L igh t A R y s , c o m ___100
76
78
First p referred ____________ 100
88
89
Seven p er cent p re f__________
32K
32 % U n ited R y3 o f St L ou is, c o m . 100
IK
30^
P referred __________________ 100
19“
230
U n ited R y s A E le c (B alt) .c o m .50
12
U nited R y s In v estm en t C o ._ 1 0 0
81
26
45
P referred __________________ 100
5
280
U nited U tilit ie s _____________ 100
75
85
P referred __________________ 100
16
U tah Securities C o r p ------------- 100
78
35
V irginia R y A P o w e r, c o m . . 100
50
P referred __________________ 100
71K
11
118
V irginian P ow er C o , c o m ___100
35
26
P referred __________________ 100
12 ?4
67
W ash B alt A A n n a p olis---------- 50
67
P re fe rre d ___________________ 50 d 2 9 K
192
W ash in g ton -(D C ) G a s ----------- 20 d x 5 5 K
_
.
- 6g
195
75
.100
P referred .
200
.100
126
Cash-Virgin
.100
P referred .
39 K
112
107
145
8%
32
34“
3 5%
84«
82
P referred __________________ 100
90

_

_
_

9
54
15
98
73
47
27
80
69
98
107
1 3%
50

P referred __________________ 100

t der M is
98
80
34
71
.100
P referred .
33
_ _____
.
34
P referred __________________ 100 r 8 2 K
/iscon sin E d ison , c o m _____ 100|
34
/isco n sin -M in n L A P , p r e f. 100;
85

iii
—

20
78

112

P re fe rre d .

.5 0 d

31
35

2 5" "
82
113

100
81
35
73
37
35
90
107X
32
36

a Purchaser also p a ys accrued d iv id en d , d P rice p er share, n o t p er ce n t, t New s to ck , h E x -s to c k d iv id e n d , k Last sale. I I n L o n d o n N om in al. r C anadian p rice. * Sale p rice,
i E x-7 5 % s to ck d iv id e n d , w E x w arrants, t O ld s to c k . * E x -d iv id e n d , v E x -rig h ts, t W ith o u t
par va lu e, a E x-2 0 % s tock d ivid en d .




44

INDUSTRIAL AND MISCELLANEOUS SECURITIES
I n th e rearrangem ent of ou r q u ota tion lists w e classify under the designation “ Industrial and M iscellaneou s Securities” all issues w h ich do not
a p p e a r under the previous tw o headings, nam ely “ R a ilroa d (S tea m )” and “ P u b lic U tilitie s .”
In the case o f stock s, h ow ever, w e p u t “ T e x tile M a n u ­
fa ctu rin g ,” “ Insurance,” “ M in in g ,” “ R eal E state and L a n d ,” “ T itle G uarantee and Safe D e p o s it C om p a n ies” under separate heads, th en fo llo w
urlth the rest of the “ Industrial and M iscella n eou s.”
N O T IC E .— A ll b o n d p r ic e s a re “ a n d in t e r e s t ” e x c e p t w h e r e m a r k e d “ f ” a n d i n c o m e a n d d e f a u l t e d b o n d s .
B on d s.

B id .

A sk.

B on d s.

B id .

A sk.

B on d s.

B id .

I N D U S T R I A L & Mi SC ELL AN EO S B O N D S C olora d o Industrial—
K n igh t (B B & R ) 7s 1 9 3 0 .M & S
9534
9334
93
A b it ib i P ow & Pap 6s 1940.J& J2
92
93
95
1 1st g gu 5s ser A & B ’ 34op tF & A
La B elle Iro n W k s 1st 5s’ 4 0 .J& D
77
76
A cm e W h ite Lead & C olor W k s 1st & ref 6s 194 0 . _____ J& D
101
C olum bia G rap h op h on e M fg —
100
10034
1st 6s Ju ly 1923 t o ’ 28 o p .J & J
98
100
* % gold notes A u g 1 ’ 25 F& A
27
L ackaw St 53 ’ 23 o p to ’ 0 6 . A&O
31
100
A d a m s E xp coll tr g 4s ’ 4 8 - M&S
80
81 1 N ew Y o r k T r ctfs o f dep . .
25
30
1st 5s 1950 o p after 1915. M&S
90%
9134
C oll tr g 4s 1947_______J& D / 7 4)4
7534
30
L ake S u p er C o rp in c 5s ’ 24 O ct
G u aran ty T r ctfs o f d ep _
21
,25
25
A d v a n ce -R u m e ly 6sD ec ’ 25M&S
93
95
53
1st & c o ll tr g o ld 5s 194 4 . J& D
C om p u tin g -T a b u la tin g -R e c C o
49
A ja x R u b b er s f 8s 1 9 3 6 ..J & D
98
Sinking fu n d go ld 6s 1941 J&J
9834
97 y
9734 L ake o f th e W o o d s M ill C o , L td
A la Steel & S h ip bld g— See T en n C I & R R .
1st M 6s June 1923
. J& D r _ _ - C on sol T ex tile 1st 8s 1941 & D
99%
100 34
A laskaG oldM iries d eb 6s’ 25M&S
8
C on sol C oal 4 34s 1934 o p t M&N
ey
s 9134 L ehigh C o a l & N a viga tion —
D e b 6s 1926 Ser B _____ M&S
G e n M g 434s M a y 192 4 . Q -F
1st & ref s f g 5s 195 0 . _J&D
99%
88
ey
634
9934
8834
A llied Packers d eb 6s 1939-J& J
71
74
9954
C orn P rod R e f s f 5s 1 9 3 1 .M & N
F u n d in g 4s g J u ly 1 1948 J’&J
89 34
C ertificates o f dep osit 50
55 1 1st g 5s 1934 s f
M&N
C on s s f g 4 )4 s 1954
J&J
9034
99J4
10034
82
84 1C ram p (W m ) SonsShip& E ngB ldg
1st M & coll tr 8s 1939 w i.J& J
Leh & W -Barre’ C oa l— See C ent R R o f N J p32
A lu m in u m C o 7s 1925____ M & N
io 3 y
104 I 1st M g 5s 1929 o p t . _
M&S
L ib b y ,M c N & L ib b y 7s’ 31 M&N
95
97
101
10134
D eb en tu re 7s 1933
A&O
117
105 %
106 y$ C rew L evick C o 1st 6s 1931.F & A
9234
11634
9334 L iggett & M y e rs g 7s 1944 A & O
A m A g ric C hem 1st 5s 1928 A & O
100
100)4 C row n C ork & Seal 6s 1942 F & A
G o ld b o n d s 5s 1951 ._ F& A
92
9734
9734
9134
1st ref s f 734s 1941
__F & A
116
104J4 C u b a C an e Sug deb 7s 1 9 3 0 .J&J
10434
8734
8734 L orillard (P ) C o g 7s 1 9 4 4 .A & 0
11534
A m er C an — deb 5s 1 9 2 8 .-F & A
96
G o ld b on d s 5s 195 1 .
.F & A
9734
C o n v deb 8s 1930 .
. J&J
92
9834
9234
A m er C h icle— 6s ’ 23-’ 27 .A & O
102
C u b an -A m erica n Sugar—
Lukens Steel 1st M g 8s’ 40M & N
100
SenSenChic6s.J’n e l4 ’ 29 J& D
80 1 1st M co ll 8s M a r 15’ 31 M&S15
75
10734
112
11334
10734 M a gm a C o p co n v 7s 1932 J& D
A m er C ot Oil g 5s 1931 op t M&N
M a llo ry SS' 1st s f 5s 1 9 3 2 ..J&J
86
7 6 K C u d a h y P a ck s f 5s 1 9 4 6 ._J&D
90
91
81
6 % n otes Sept 2 1 9 2 4 .M & S 2
96 | 7 % g notes J u ly 15 ’ 2 3.J & J 1 5
M a n a ti Sugar 1st 734s ’ 4 2 . A&O
95H
9634
9634
_ I
_
A m erican M a ltin g 5s 1 9 2 6 .J& D
M a rland Oil 8s 1931 Ser A A&O
Sink fu n d deb g 5 3 4 s’ 37 A & O
10234
10234
|D eere & C o 7 3 4 % n otes’ 31 M&N
A m erican I c e Securities—
117
10234
W ith w arrant a tta ch e d .
10334
11634
A m erican Ice C o— R E 1st &
108
! D e r y D G ) C orp 7s 1942 M & S
S f g 734s 1931 Series B .F & A
98
99
107
gen s f 6s ’ 42 op t ’ 1 3 -.F & A
103 i D e w e e s (W )W o o d C o 5s’ 30 M&N
W ith o u t warrants attached
10234
98
104
104 34
A m er Sm elt & R e f 5s 194 7 . A&O
90M
M erca n tile Stores 5s 1 9 3 3 ..
9054 D ia m ’d M a tch deb 7 34s’ 35M & N 107 J4
98
108
95
A m er Steel F ou n d deb 4s’ 23 F&A
99
M ex ica n C & C 5s 1 9 2 6 o p .M & S /
D istillers’ Securities C orp —
_ .
A m er Sugar R efg 6s 1 9 3 7 ._J&J
102
10234
52
M exica n P etroleu m L td o f D e l—
C oil tr c v g 5s ’ 27 o p ’ 08 A & O
53
1
A m erican Sum atra T o b a c c o —
Bankers T r C o ctf o f d e p ..
C o n v s f g 8s 1937. .
M&N
54
10734
5134
10734
7 3 4 % s f co n v notes 1925 J & D
95
96 ; D om in C oal 5s ’ 40 od *10. M&N
92
M id v a le Steel & O rdnance—
95
A m erican T y p e Founders—
D om in Iron & Steel 5s 1 9 2 9 .J&J
C o n v s f 5s 1936
. M&S
89
8334
84
88 34
io i
! D on n er Steel 7s 1942 _____ J&J
D e b gold 6s 1926______ M&N
99
87
8834 M o n o n C o a l— See C h ic In d & L R v n 33
D e b gold 6s 1 9 3 7 ._____ M&N
M orris & C o 1st s f 4 J4s ’ 3 9 .J&J
86
100H du P o n t (E I) de N e m P o w d e r—
9834
* 80
98
100 1 G o ld 4 34s June 1 1936 .. J & D
D e b gold 6s 1939______ M&N
95
7 3 4 % s o ld notes 1930. M & S
10634
8934
10634
A m er W rit P aper s f 7-6s ’ 39J& J
84
84J/£ d u P on t (E I) d e N em ou rs & C o
N at C lk& S uit 8 % n otes’ 3 0M & S
106
10534
| G old 734s M a y 1 1 9 3 1 .. M&N
A n a con d a C op p er M in in g—
46
108
10834 N a t C o n d & C ab le 6s ’ 27 A& O f 44
6 % gold bon d s 1929 Ser A J&J
io i y
10154 E aastern C u b a Sug 734s’ 3 7M & S
45
C ertifica tes o f d e p o sit_____
95
9534
/ 43
7 % gold b d s 1929 Ser B . .J & J
N at E nam & S tp g 5s 1 9 2 9 .J & D
87
103341 103)4 E astern Steel 5s 1 9 3 1 ____ F & A
91
99
10034
A n a co n d a C op p er M in in g—
N a tion a l Leather—
E lk H orn C oal 6s 1925 ___J& D
100
9734
96y2
1st co n 6s 1953 Series A . . F&A
102
8 % g notes N o v 15’ 2 5 M & N 1 5
9654 E m p ire R efg 1st 6s 1927. . F&A
98
99
10134
C o n v deb 7s 1938 . . . . F & A
100
N a t S tarch deb 5s 1930 g u .J & J
100)4 F a irm on t C oa l 5s 1931___.J& J
9334
A n glo-A m er O il, L td —
F ederal Sug R e f 6s 1 9 2 4 ..M & N
101
10134 N a tion a l T u b e 1st 5s ’ 5 2 . .M & N
100 34
10034
S f gold 734s 1925______ A&O
103)4
62
N a tom a s C o gen 6s 193 5 . J&J
10334 Fireston e T ire & R u b b e r—
6034
A rm ou r & C o o f D elaw are—
N ew E n g N a v — See N Y N H & H R R '
1st M s f 7s 1937____ J & D 15
____ s 96
1st M 534s 1943 Ser A . . . J&J
102
Fisk R u b b C o 1st 8s 1941 M & S
10734
10734 N ew E n g O il-& R ef 1st 8s’ 31M&S
99
A rm ou r & C o— R eal estate 1st
N J Z inc 1st 4s 1926 . . .. A & O
F o rt St U n io n D e p o t— SeeSteam R R B o nds
92
88 %
89
gold 434s 1939 o p t ____ J& D
105
N e w N iq u e ro Sugar 7s, 1932 J&J
F ram erican In d & D e v C o rp —
103
7 % notes J u ly 1 5 ’ 3 0 ..J & J 15 1 0 5 ys 10554
N ew R iv e r C o 1st 5s 1 9 3 4 .J&J
89
D e b 734s w i 1942________J&J
86
9334
ioo y
C o n v g deb 6sJ ’ n e l5 ’ 23J& D 15
10054 F ra n cisco Sug7J4s 1942.M & N 15
100
100 34= N Y A irB ra k e ls t6 s ’ 28 co n v M&N
103
10334
ioo y
C o n v g deb 6sJ’n e l5 ’ 24J& D 15
N Y D o c k C o — 1st g 5s ’ 5 1 .F& A
10054 G alena-Signal Oil deb 7s’ 30 A&O
104
7834
10334
7734
____
____ I G eneral A m er T a n k C ar C orp—
A ssocia ted Oil 1st 5s 1930.J& J15
N Y & H o b F ’y 5s M a y ’ 46 J& D
84
32
A tl Fruit & SS deb 7s ’ 3 4 .J& D
35 I E q u ip 7s (s-a) 1923. . . . M & N
H o b o k e n F erry 5s 1946. M&N
100
101
88
84
32
C olu m b ia T r C o ctfs d e p . . .
29 34
N Y & N J F erry— 5s ’ 4 6 . J&J
E q u ip tr 7 34s ’ 31 Ser G G . A&O
103
75
10234
31
C tfs o f d ep osit s ta m p ed ___
80
3134 Gen A sphalt c o n v 8s 1 9 3 0 .J& D
N Y S h ip bld g 1st 5s N o v 1 1946
104
105
77
A tl G u lf & W Indies SS Lines—
101
N ew Y o r k Steam C orp —
G e n ’l B ak in g 1st 6s 1936 .J & D
103
53 |G e n ’l E lec 334s 1942 o p t . F & A
C o ll tr g 5s Jan 1 1 9 5 9 ...J & J
5134
100
1st M 6s 1947 Serie*s A M&N
97
7834
7834
97
A tla n tic R efin deb 5s 1937 J&J
97)4
N o v a S cotia S & C 5s 1959 .J & J
90
D e b g 5s ’ 52 tax -ex N Y .M & S
102
87
10134
____
A tla s P ort C em 1st 6s ’ 2 5 . M&S
...1
82
D e b 6s F eb 1 1940______ F&A
105 i O ’ G ara C oa l 5s’ 55 o p a ft’ 08M & S
75
10434
____
A tlas P ow d er co n v 734s '3 6 .F& A
G en R efra ctories 6s 195 2 . F& A
9734
9834 O gilvie F lour M ills 6s ’ 3 2 . . J& D r 10234
B ald w in L o co m o tiv e W orks—
Series B .
. . .
. .
G eneral Petroleum C o rp —
r 10234
10234
1st s f 5s 1940 op t aft ’ 15 M&N
i o i 34
7 % sf g notes F e b l5 ’ 31 F&A15
104
Series C . . . ______
___ r 10234
10434
|G o o d r ic h (B F )7 % n otes’ 2 5 . A&O
B aragua » u g (C om p A zucarera
Otis Steel s f 8s 194 1 ______ F & A
9934
9834
99 Vs
B araqua) 734s 1 9 3 7 ..J & J 15
y8 y2
93
1st s f 734s 1947 Ser B ..F & A
1st M 634s 1947_________ J&J
101
91
10034
____
B arn ey & S m ith C ar 5s ’ 3 6 .J&J
30 ! G o o d y e a r T & R u b 8s ’ 4 1 . M&N
11634 P a cific C oast C o — G 5s ’ 4 6 .J& D
78
115 34
B arnsdall C orp 8s 1931 A .J & J
9 9 34
10034
P ac F ruit E xpress E q — See So uth P ac C orp 36
D e b s f 8s M a y 1931___F & A
102
10134
96 |G orham M fg 7s 1924
B eech C reek C & C 5 s ’ 44 J& D
9234
P a cka rd M o to r C ar C o —
___F&A
100
B eth leh em Steel C orp ora tion —
T e n -y r 8s A p r 15 '3 1 .A & 0 1 5
G ra n b y C on M in Sm elt & P o w —
108
10834
7% g n otes J u ly 1 5 ’ 2 3 . J&J 15 10534
85
105 54
P a n -A m er P etrol & T ransp
1st c o n v 6s 1928 Ser A M & N
95
____
93 1
C on s s f 5 Ms 1953 Ser B_ F&A
92
1st lien eq u ip 7s 1930
F& A
S ta m p e d .
..
_______ __
103
95
10334
99 y
B eth St 1st ex g 5s ’ 26 gu J&J
87
9834
C o n v deb 8s 1925 .
.M & N
85
9634
9634 P ark & T ilfo rd s f 6s 1936. J& D
99 y
B eth St pur m 6s A u g ’ 9 8 . 0 - F
9954 G ran d R iv e r C oal & C ok e— See C ol F ue 1 & Iron P arsons (W V a) P u lp & Lum ber
93 H
B eth St 1st 1 & ref 5s '4 2 . M&N
93J4 G ray & D a v is co n v 7s ’ 3 2 .F & A
96
1st M g 6s ’ 23-’ 24 o p t . M&N
9834
P urch m o n e y 5s 1936 .J & J
90 >4
161
9054 G u lf Oil C e rp deb 7s 1933 F&A
103J4
10334 Peerless T rk & M o t 6s’ 2 5 .M & N 1 0
102% 103
B eth Steel eq tr 7s 1 9 3 5 .A & O
98
P enelec C oa l 1st 6s 1924 M&S
H a va n a T o b a c c o 5 sl9 2 2
. J & D / 15
94
20
95
96 j H ershey C h o co la te 6s 1942M & N
P en n M a ry Steel 5s 1937. J&J
Penm ans L td — lst5 s’ 26opM & N r ____
9534
98
9734
70
80
B o o th Fisheries s f 6s 1926 A&O
94
Pennsyl v C & C 1st 5s’ 32 bp J&J
H ob ok en Land & Im p t C o —
92
84
88 1 1st M g 5s N o v 1930 . M & N
B o sto n T erm C o— 3 3 4 s ’ 47 F&A
P enn M a ry Steel— SeeBethSteel
80
B rad en C op p er M ines C o—
P enn sylvania Steel—
H ock Y a l P ro d 5s 1961 op t J&J / -----S ink fu n d gold 6s 193 1 . F&A
99
9 8 )4
P a & M d Steel con g6s’ 25 M & S
H olla n d -A m e r Line 6s ’ 47 M&N
90
10134
89 34
10034
9454 H o o d R u b b e r 7s 1936____ J& D
B rier H ill Steel 5 34s , 1942 A&O
9 4 )4
S pan -A m er Iron 6s 1 927.J& J
102
10134
10034
9934
B ru n sw ick -B a lke-C ollen d er C o
P hillips P etroleu m C o —
H udson N a v g 6s 1938 o p t . F&A / 30
36
6 % serial notes 1924-29 J&J Basis 6 %
124
D e b g 7J4s’ 31(w ith w a r)A & O
H um ble Oil & R e f 7s’ 2 3 . M&S 15
____
92
B uffalo& S usq Iron 5s 1932 J & D
103
W ith o u t warrants
.. .
102
D eb en tu re 5 34s 1932 J&J 15
9834
9834
____
____ Illinois Steel d eb 4J4s 1940. A&O
D e b g 5s Jan ’ 2 6 o p t ’ 1 0 .M & S
98
9134
9634
9134 P ierce Oil 8s D e c l 5 ’ 31__J& D 15
80
83
B ush T erm 1st 4s 19*52
A&O
s 81
68
P ittsb B rew ing 6s Feb 4 ’ 4 9 .J&J
Independent B rew ing 6s’ 5 5.J & J
70
C ons g 5s Jan 1955 .
J&J
88
8 7)4
Indiana Steel 1st 5s 195 2 . M&N
s 9934
10034
10034 P itts C oa l d eb 5s J u ly ’ 31 .M & S
B ush Term inal B uildings C o—
P ittsb u rg h -W estm orelan d C oa l
In g ersoll-R an d 1st g 5s D e c 31
89 Vs
1st s f gold guar 5s I 9 6 0 . A&O
91
90 J4
1st s f g 5s 1947 o p . .M & N
95
88
1935 op t D e c 31 1910. _ J&J
B y -P ro d u cts C ok e C orp —
P itts & W e stm C 5 s ’*25op.M&N
99
100
97
Inland Steel 1st 6s 1 92 3 -2 8. A&O
lst& ref s f 8s ’ 36 Ser A . M&N 105 )4
90
Pleasant Y a l C oa l 5s 192 8 .J & J
E xt& ref 6s’ 42 o p ’ 16 SerA .J& J
10634
103
10134
8234
C ah ab a C oal M in — See T en n C I & R R
P oca h on ta s C on sol C ollieries—
Internat A gricu ltu ral C o rp —
____
____
C a lif W in e A ssn 5s 1 9 2 5 ..M & S
1st go ld 5s 1957 o p ____
J&J
lst& co ll tr s f g 5s’ 32 o p M&N
9134
7734
9134
79 34
96
C am a gu ey Sugar 7s ’ 4 2 . A & O 15
P o rto R ica n -A m e r T o b a c c o C o
96)4 In t C em en t 8 % notes 192 6 .J& D
111
113
____ Internat M erca n tile M arine—
C an ad a C em ’ t 1st 6s ’ 29 o p A & O r 100
8 % g b d s M a y 15 ’ 3 1 .M & N 1 5
10334
____
____
93
C an ada SS Lines 7s 1942 M & N
P ow ell R iv C o 6s ’ 2 4-’ 2 7 .J & J
1st M co il trust 6s 1941 A&O
C an ad ia n C ar & F d v C o , L td —
P rod u cers & R efin ers C o rp —
International P aper—
98
99
125
1st s f gold 6s 1939_______J& D
8s 1931 (w ith w arrants) J& D
115
1st & ref s f 5s 1947 Ser A J&J
86
8334
C an ad ia n C on s R u b b e r , L td —
W ith o u t w arrants a t t a c h e d ..
107
1st & ref 5s 1947 Ser B . . . J & J
. 10734
8534
8534
____ Internat Salt g 5s 1951 o p A & O
83
P unta A legre Sug s f 7s ’ 3 7 .J&J
G o ld 6s 1 9 4 6 op t 1 9 1 1 ... A & O r 100 y a
10534
86
10534
____ Internat Silver 1st 6s 1948 J& D
R em in g ton A rm s 6s 1937. M&N
C an ad ia n C otton s 5s 1 9 4 0 .J & J 2 r ____
101
103
9434
9334
R e m in g to n T y p e w rite r—
C an ad ian G en E le c , L td —
99
D eb en tu re 6s 193 3 .
.J& J
100
____
____ Inv in cib le Oil 8s M a r 1931 .Q -M
97
100
D e b 6s 1942 Ser A tr rets A&C
1st M 6s 1924-1926____ J&J
90
91
95
R e p u b lic Ir & Steel 5s ’ 40 A&O
C entral F ou n d ry 6s 1931 .F & A
Iron S team bt gen 4s 1 9 3 2 .A & O
9434
83
79
95
C ent H u d S t’b ’ t 5s A p r ’ 33 A&O
J eff & C learf C & I 5s ’ 2 6 .J & D
R e f & gen 534s ’ 53 Ser A .J & J
9434
10334
99
- _- C entral Leather 5s 1925 _ A&O
91
R o b b in s & M y ers 7s 1 9 4 2 .J& D
9934
Indiana C o 1st s f 5s 1950. J&J
9834
____ s 107
____
91
C en tra l Steel— 1st 8s 1941 M&N
Jones & Laughlin St 5s ’ 3 9 . M&N
9934
10034 R o ch & P itts C & I 5s 1946. M&N
____
13234 Jurgens (A n to n ) U n (M argarin e)
92
1st S f g 4J4s 1932 o p t ..F & A
C erro d e P asco C op 8s 1931. J&J
13134
s 94
55
60
C h a rcoa l Iron o f A m er 8s 1931
R o ck y M tn F uel 5s 1943
76
77
_____
____
84
82
C h ic Jet coll tr ref g 4s ’ 40 A & O
R o ge rs-B ro w n Iron 5s’’24-40J&J
K ayser (Julius) & C o —
____
95
94
M&N
C o ll trust ref 5s 194 0 .
A&O
G en & ref 7s 1942___
9034
1st M s f 7s 1942____ F&A 15
106
10534
__- C h ic U n Sta— See S te a m R R bds
St J osep h S tk Y d s 4 }4 s ’ 30 J&J
K elly-S p rin g field T ire C o —
8534
83
80
C h icou tim i P ulp 6s 1 9 4 3 ...J& J
8 % g notes M a y 15’ 31M & N 15
10834
10834 St L aw ren ce P u lp & L um ber—
77
81
C h ili C op p er co n v 7s 1923 M&N
104
1st M 6s 1923-1933____ F&A
11754 K en n ecott C o p p e r 7s ’ 30 .F & A
117)4
10434
99
98%
St L ou is B rew A ssn 6s 1939 J&J
C o n v 6s 1932 Series A
A&O
10034
K e y ston e St & W ire 8s ’ 41 .A & O
9934
100
75
1st L ouis C ar C o 6s 1 9 2 3 ..M & N
C lea rfield B it C oa l 4s 1 9 4 0 .J&J
102
7854 K in n ey (G R ) C o 7 34s 1936.J&D
9934
10034
86
82
!St L N a t S to c k Y d s 4s ’ 3 0 .J&J
8834
C le v U n T erm — See Steam R R s .
85
K n ick erb I c e 1st 5s ’ 41 o p t J&*
83
85
89
85
1st L R o c k y Mt & P 5 s’ 55 stpJ&J
C ly d e SS 1st 5s 1931 o p t ..F & A
llSaks & C o s f 7s 1942____ M&S
10134
C o l F uel & Iron s f 5s 194 3 . F&A
10134
8934
8634

6B
asis. / This p in d a ed in
rice clu es ccru
terest,



kL
ast

sale, nNom
inal, r C ad p
an ian rice

8S price.
ale

INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS
NOTICE.—All bond prices are “and interest” except where marked • f” and income and defaulted bonds.

45

F eb., 1923.]

B o n d s.

B id.

Ask.

B o n d s.

B id.

Sears, R oeb u ck & C o—
Tenn C I & R R gen 5s '5 1 . .J & J
100)4
7 % g notes O ct 15’ 23 A & O 15
A la S teel& Shipbldg 6s’ 30 J&J
100
101)4
101)4
Securities C o N Y 4 % con s M & S
53
56
Penn C o p C o c o n v 6 s ’ 2 5 .M & N
9 9)4
Sen Sen C h iclet— See A m er C h ic le—
T id al Osage Oil s f 7s ’ 31 .F & A
1 0 2 )4
Shaffer Oil & R e f 8 s 1 9 2 3 ..Q -F
99
T id e W a te r Oil 6)49 ’ 3 1 . F&A 15 103)4
102
C o n v 8 % notes M a y ’ 2 4 .Q -F
T o b P rod 7s D e c 15 ’ 31 J& D 15
103
9 9)4
Sharon Steel H o o p 8 s 194 1 . M&S
9 8 )4
98
9 8)4 T ra y lor E n g & M fg 8 s 1936 . .
Shawsh M ills 7 % n otes ’ 31 A & O s 104)4
104)4 U nion B & P 1st g 5s’ 30 o p J&J
Sinclair C on s Oil C orp —
1st m 6 s 1942 Ser A ____ M&N
97
k 1 0 2 ) 4 U nion Oil C o o f C aliforn ia—
7 ^ % notes M a y l 5 ’ 25 M & N 15
1 0 0 )4
1st 1 c o ll 7s 3 er A 1937.M & S 15
First lien s f 5s 1931 o p t . . J&J
lo o k
9 3)4
S inclair C ru d e O il P u rch ’g C o —
6 s 1942 Ser A __________ F & A
101
98 34 U nion Steel C o 1st 5s ’ 52 gu J& D
5 k % notes A p r 15 ’ 25 A & 0 1 5
9 8 )4
103)4
Sinclair P ipe Line C o —
U n ion T a n k C ar E q 7s ’ 3 0 .F & A
103)4
Sinking fu n d g 5s 1 9 4 2 ..A & O
9 9 )4
8 5)4
8 6)4 U n T rans 1st 5s 1923_____ F&A
95
Sizer Steel 1st 7s, 1 9 3 7 ...M & N
U nited D ru g co n 83 ’ 41 J& D 15
112)4
Sloss S heffield Steel & Iron —
U nited F ru it— D e b 4 J4s ’ 23 J&J
6 % s f g o ld notes 1929___F& A
9 6)4
D e b g 4 )4 s 1925 s f ___J&J
9 7)4
105
S olv a y & C ie 8s 1927_____ A & O
105)4 U nited L ead d eb 5s 1 9 4 3 ..J&J
89
99
South' P orto R ic o Sug 7s ’ 40J& D
99)4 U nited Steam ship—
S tandard M ill 1st g 5s ’ 3 0 .M & N
S f 6 s 1937 int re c ts ____ M&N
96)4
9 5)4
8 7)4
S tandard Oil (C al) 7s 1931 F & A
105)4
105)4 U nited Stores R e a lty C o rp —
S tandard Oil o f N ew Y o r k — •
D e b s f go ld 6 s 19'42____ A & O
9 9 )4
104)4
105
7 % ser g d eb Jan 2 1 92 5 . J& J2
U S E n v 1st 5s 1 9 2 3 -1 9 3 4 ..J& D
105)4
106
7 % s e r g d e b Jan 2 1 9 2 6 .J & J 2
U S Finishing co n g 5s ’ 2 9 . .J & J
93
106)4
7 % ser g d eb Jan 2 192 7 . J& J2
106)4 U S H offm a n M a ch in ery C o —
7 % ser g deb Jan 2 192 8 . J& J 2 107
1 0 2 )4
D e b s f 8 s 1932__________ J&J
107)4
108
7 % ser g d eb Jan 2 1929. J&J 2 107)4
U S Light & H eat 1st 6 s ’ 35 J & D
7 % s e r g d e b Jan 2 1930. J & J 2 108
108)4 U S R e a lty & Im p 5s g ’ 24opJ& J
109
7 % s e r g d e b Jan 2 1931 .J & J 2
108
109)4 U S R u b b e r 7 )4 % notes ’ 30F& A
6 )4 % g deb M a y 1 ’ 3 3 . . M&N
106)4
107)4
1st & ref 5s 1947 Ser A .J & J
100)4
98
S tand Steel W ks 1st 5s '2 8 . J&J
U S Sm elt R efg & M in in g—
C o n v 6 % notes 1926____ F&A
Steel C o o f C an 6 s 1940___J&J r 100)4
100)4
Steel & T u b e C o o f A m er—
U nited States Steel C o rp —
103 k
104
105
G en m s f 7s 1951 Ser C ..J & J
C o l tr s f 5s A p r ’ 51 o p ’ l l V ar
Stew art-W arner Speedom eter C orp—
105
C o l tr s f 5s A p r ’ 51 not o p V ar
C o n v g 8 s M a rch 1 9 2 6 ..M&S
C o l s f 2d 5s A p r ’ 6 3op ’ 13M & N
103
Sugar E states of Oriente—
U n iver’l W in d in g C o 7s ’ 37 J&J
99
96
97
1 s t s f 7s 1942__________ M & S
U tah F uel— See D e n v & R io G r , p . 34.
Sun C o s f g deb 6 s 1 9 2 9 ..M & N
9 7 )4
9 8)4 U ta h -Id a h o Sugar C o—
101
102
Sink fu n d gold 7s 1 9 3 1 .. A&O
1st M serial 7s 192 3 -3 0. .J & J
9 7)4
96
97
Sw ift & C o 1st s f g 5s ’ 4 4 . .J & J
107)4
V acu u m Oil C o 7 % 193 6 . A&O
7 % notes A u g 15 1 9 3 1 .F & A 1 5
102)4
102)4 V andalia C oal 1st 6 s ’ 30 o p .J & J
5 % notes O ct 15 ’ 32 w 1A & 015
9 1)4
91)4 V ertientes Sug 1 st 7s, 1 9 4 2 .J& D
9 7)4
100
42
T em p le C oal s f 5s 1924____ J&J
V ictor-A m e r Fuel 1st 6 s ’ 40 F&A
V ic to r F uel 1st s f g 5s 1 9 5 3 .J&J
5 6)4

b B asis.

/ T h i s p rice includes accrued interest,

t Last sale,

n N o m in a l,

B o n d s.

Ask.
105
100)4
103
103)4
103)4
102

9 7)4
99
102

104)4
103)4
113

88
9 9)4

B id.

V irgin ia -C a rolin a C hem ical—
1st M g 5s 1923 o p t s f - .J & D
C o n v d e b 6 s 1924___ A & 0 1 5
1st s f 7s 1947 Ser A re ts . J& D
S f c o n v 7 )4 s 1937 Ser A .J & J
W ith o u t w arrants a tta ch ed
V a I r C oal & C o k e 5s ’ 49 M&S
W ard B ak in g 6 s 1 9 3 7 .. J&D1*5
W arner Sugar R e f 7s 1941 .J & D
W ebsterC & C 1st g 5s’ 42 o p M&S
W elch G rap e Ju ice 8 s 1931____
W elsb a ch C o co l tr 5 s ’ 30 .J & D
W estinghouse E le c & M fg —
7 % go ld b on d s 1931 . ..M & N
W hitaker-G iessner C o —
1st s f g 6 s 1941 _____ _ . A&O
W ick w S pencer Steel 7s ’ 35 J&J
W ilson & C o 1 st 6 s 1941 ..A & O
C o n v s f g 6 s 1928 . . . . . J & D
C o n v s f g 7 )4 s 1931 . . . F & A
W inchester R ep eatin g A rm s—
..A & O
1st go ld 7 )4s 1941 .
W o o d w a rd Iron 5s 1952. . . . J & J

95

EXCHANGE

108)4
100)4
1 0 0 )4

106
106
103)4
1 0 -1

100

107)4
98
75

N Y S tock E x c h - _ 1 f 100 $98,000
N Y C o n Stk E x
476
4,0 0 0
N Y P ro d u ce E x 1,800
1,550
N Y C o tto n E x ._ 450 29,000
N Y C o f & Sug E x 323
5,600
N Y C u rb M a rket 550
8 ,0 0 0
B altim ore Stk E x
87
2 ,0 0 0
B o sto n S to ck E x . 150
9,000
5,300
C h ic B d o f T r ’de 1,615
C h ica go S tk E x ch 250
4,0 0 0
C in cinnati S tk E x
35
3,500
C levelan d S tk E x
35
3,700
D e tro it S tk E x c h .
50
4,000
L ouisville S tk E x .
29
1 ,2 0 0
M in n C h o f C o m . 587
3,800
M o n tre a l S tk E x .
75 25,000
N ew Orl C o t E x ._ 500
9,1 0 0
P hila Stk E x c h .. 220
2,750
P itts S to ck E x c h . 115
2 ,0 0 0
St L ouis E x c h ___
50
1,750
(S an F r)S tk & B d E x
46 24,500
W a sh ’ ton S tk E x .
40
850

r C anadian p rice .

100)4

k.
100)4
96)| .
91 )4>
90
96
99k
104)4
95

100k

96 k
9 1)4
87k
95k
98k
104k
92
9 9)4
108
99 k
97k

100

100

108 k
100k

97k

100

100k

9 3)4
102k

94k
103

102

102k

82

84

SEATS.

N o . L a st Sale
1 0 2 )4

Ask.

$

$

4 ,0 0 0
1,500
1,600
2 2 ,0 0 0
28,0 00
5,100
5,8 0 0
9 ,0 0 0
7,000
5,300
4,000

5 ,3 7 5
4 ,5 0 0

- ,____
9,000
2,750

9 ,7 0 0
3,1 0 0

2 ,0 0 0

500

____
7 50

• Sale p rice .

INDUSTRIAL AND MISCELLANEOUS STOCKS
S to ck s.

Pa

T E X T IL E M FQ .
STOCKS.
N o r t h . M ills. Par
A rca d ia M -------------A cushnet M ill (N B ) 1
A m Linen (F all R ) Z
A m erican M fg .1 0 0
P referred ____100
A m oskeag M fg (v o lu n ta ry a s s n ). (
a
x
P referred -------(
A n d roscog M (M e )
A p p le to n C o (Mass)Z
A rkw right M (F R ) /
A rlin gton M (Mass)Z
B arnard M fg (F R ) Z
B ates M fg ( M e ) . . /
B eacon M fg (N B ) Z
P referred ____ 100
B erkshire C ot M fg .
A d am s, M a s s .. / t
B ig el-H a rtfC a rp ’ t t x
P referred ____ 100
B o o th M fg (N B ) Z
P r e fe r r e d ______ Z
B o o ttM ills(M a s s) Z
B ord er C M fg (F R ) Z
B oston M fg (M ass) Z
B os D u ck (M a s s ).c
B ourne M ills (F R )./
B ristol M fg (N B ) l
B utler M ill (N B ).Z
C h a ce M ills ( F R ) J
C harlton M ills . 100
C h icop ee M fg (p f) Z
C ity M fg C r ’p (N B )/
C o n tin ’l M ( M e ) . . /
C ornell M ills (F R ) Z
D a rtm ou th M fg
C orp (N B ) ..1 0 0 t
P referred ____ 100
D a v is M ills (F R ) . i
D a v o l M ills ( F R ) ./
D ra p er C o r p ___100
D w ig h t M fg (M a s s ).
E d w a rd s M fg (M e ) /
E sm on d M ( R I ) ,p f Z
E v e re tt M (M a ss) Z
Fairh M ills co m 100
P referred ____ 100
F a rrA lp a ca (M a ss) Z
F lin t M ills (F R ) . l
F ranklin C o ( M e ) . !
G o s n o ld M ( N B ) . . /
P referred ________
G ran ite M ills (F R ) Z
G t Falls M fg (N H ) l
G reelock C o ___100
G rinnell M fg (N B ) /
H a m iltM fg (M a s s) Z
H a m ilt W (M a s s )./
H a rm on y M ills p f /
H athaw ay M fg (N B ) Z
H1U M fg C o ( M e ) . /
H olm es M fg (N B ) Z
P r e fe r r e d ---------- /
H om eB lea ch & D W t
P referred ____ 100

Bid.

Ask.

S to ck s.

Par

In ter C ot M ____ 50
P referred ____ 100
K ilb u rn M N B)_Z
K in g P h ilip M F R ) Z
L ancas’rM (M a ss) Z
Laurel Lake c o m . .

Bid.

Atk.

S to c k s.

Par.

Bid.

Ask

Per share.

S to c k s.

Par.

Bid.

Ask.

64
185
171
76 k T ecu m seh M (F R ) .1
200
1 8 7 k T h orn d ik e (M a s s ).
87
T rem on t & S uffolk
155
165
155
M ( M a s s ) .. -_ .Z
147
90
98
T r o y C o t ’ n & W o o l’ n
50
2d p r e f_______100
102
600
M fg (F R )
500
117k
85
87
165
115
Law rence M fg (M)Z
109
89
L in coln M fg (F R ) Z
75
U tica K n itt C o . 100
110
W e b b M fg (N ash) a
95
92
97
L ock w ood C o (M e ) Z
125
94k
P re fe rre d ____ 100
W est P o in t M fg 100
127
____ L o w e llB le a c h (M ). Z
82
U tica Steam & M o h
110
W h itn ey M fg (S C ) a
__
____ s 170)4 Luther M fg (F R ).Z
190
150
135
V a lC o t M f g ____ Z t 147
W o o d sid e C o t M . a
____ k 714
183
93
187
W am p a n oa g M ills
L ym a n M ills (M ).Z
P r e f e r r e d _____ a
67
105
98
(F R )
100
180
112
109
175
M ass C ott M ills . .Z
W am su tta M (N B ) Z 110
170
110
110
M ech a n ics’ M (F R )Z
130
W eetam oe M (F R ) .1
C a n a d ia n M ills. Cdnadia n prices
____
245
230
195
165
M erch M f g ( F R ) ..Z
155
96
W h itm a n M ( N B ) . /
C an C o n v e r t, L td .a
95k
____
122
M errim ack M fg
116
Y o r k M fg ( M e ) ___Z 117
C an C o tto n s , L t d .a
116k
99
107
( M a s s ) _____ 100
87
88
P referred _______a
Per lhare. D o m in T e x t .L t d ( f )
85
S o u t h e r n M ills.
P referred ____ 100
66 k
66k
____ k 60
140
146
107
M id d lesex C o ( M ) . .
A b b e v ille C M (SC) a 100
109
P r e f e r r e d . . ___a
110
133
136
290
300
M t V -W o o d M ills
A m er S pinning C o .
M on trea l C o tto n s.a
104k
113
____
____
16
125
A n d e r s o n C M (S C )a
131
(B alt) v t r _ .1 0 0
107
Preferred
___ o
108
170
62
300
60
137
135k
112
110
93k
133
125
60
(F R ) ________ 100
66
A ugusta F a c (G a ).a
____ N ashaw ena M . 100
108
133
62
137
65
B elton M ills (S C ) .a
IN S U R A N C E
125
190
73
78
210
N ashua M ( N H )..Z
B rookside M ills .100
STOCKS.
____ k 200
150
155
Per cent.
N aum keag (M ass)
C hesnee M . . —
A lb a n y .
Par.
145
____
255
145
140
Steam C ot C o ..Z
C lifto n M fg (S C ) .a
C om m e rce ln sC o 25 n 110
130
____ N eild M ills (N B )..Z
190
230
250
Per share.
C lin to n C o t M (SC) a 200
B a lt im o r e .
____ N ew B e d f’d C o t M Z 105
150
200
210
40
C olu m bu s M fg (G a)
B altim ore-A m er . 25
50
155
92
21
122k
130
95
100
N ew m arket M fg
D a rl’g ’ n M fg (S C ).a
____ k 9 9)4
____ k 170
Per share.
C o (N H ) ____ 100
70
D ra y to n M ills . 100
B oston .
145
155
N o n q u it tS p (N B ). Z
90
450
E agle & P henix
475
B o s to n .
___100
160
175
O sborn M ills (F R ).Z
108
150
170
122
M ills (G a )_____ a
C olu m N a t L ife . 100
127
170
____ P a c M ills (M a ss).Z x 99
90
100
C on vey a n cers’
99)4 E n te rp rise M f (G a) a
51
Parker M ills (F R ) Z
300
T itle
_____ 100
170
92
94
157k
135
102k
85
____ P e p p e re llM fg (M e ) Z 160
1 7 0 " G reenw ’ d C M (S C ) a 200
B r o o k ly n — See N Y
115
116
480
P ierce M f g ( N B ) . . !
G rendel M ills(S C ) a
140
____
127
125
145
Pilgrim M c o m -----H enrietta M (N C )o
Per share.
350
D e t r o it .
167
170
103
200
115
K ing ,J P ,M fg (G a) a
Pocasset M fg (F R ) Z
100
180
200
M ich ig a n F & M .5 0
110
125
P onem ah M (P ro v ) Z 100
L ancaster C M (S C ) a 230
97
Preferred . . — Z 100
190
Per share.
L anett C o t M . .1 0 0
200
H a rtfo rd .
178
181
145
P otom ska M (N B ) Z 135
Laurens C M (SC) .a
140
A etn a (F ir e )___100
438
445
140
Quissett M ills (N B ) Z 190
M a rio n M ills ___i0 0
115
125
A u to m o b ile I n s . 100 215
220
93
____
100
M a r lb o r o C M (S C )a
92
P referred_______ l
89
First R e -In s ___100
200
220
183
188
162
R ic h B orden M fg
M ass M ills ___(G a)
167
H a rtford F i r e .. 100 410
417
____
160
145
C o (F R ) ____ 100
M ills M fg C o (S C ) o 215
H artf Steam B oil
____ k 1 9 5 k S agam ore M fg
M o n a rch C M (S C ) a 130
Insp & I n s ___100
365
134
295
(F R ) ________ 100
310
135
140
525
93
Salm on Falls M fg
O conee M , c o m ____
125
P hoen ix (F ir e ). 100 525
____
115
100
95
115
C o (N H ) ____ 100
O r r C o t M (S C ) . . o
120
Standard F ire ___50
70
____
77
79
47
Seaconnet M (F R ) Z
P a colet M fg (S C ) a 200
Life Insurance.
Per share.
103
P referred ____ 100
9 6 )4 Sharp M fg (N B ) ..Z
101
A etna C as’ ty & Sur
335
141
95
P referred ____ 100
P e lz e rM fg C o (SC ) a 150
155
A etna L ife . I ___100
670
680
83
86
Shawm ut C o t M ills
Conn G en
. .100
P ied m on t M fg (SC) o
145
151
535
96
100
(F R ) c o m . . . 100
P hillips B u tto rff M a 150
160
T ravelers’ ______100
625
690
____ k 97
P referred ____ 100
125
124
Per share.
I n d ia n a p o lis —
9 7 k P o e , J’W ,M fg (S C )a
135
95
138
S h o v e M llls (F R ) 100
90
R iv erside M . . 12.50
11
H k Sterling F ire____ 10 d
7k
150
160
Skenandoah C otton
Saxon M ills ------ 100
110
L o u is v ille .
Per eeni.
____
305
C o ( U t i c a ) ...1 0 0
60
L ib e rty __________ 50
195
116
Soule M ill (N B)__Z
115
10
125
S ta fford M ( F R ) . i
Stevens M fg (F R ) Z 140
150
62k
T a b er M ill (N B)_Z
—
123

Per share.

20
75
180
170
143
54
100
105
105
120
110

S ib ley M fg (G a) .a
Spartan M ills (S C ) a
T a ca p a u M (S C ) .a
U n io n -B u ffa lo M —

59
167
170
65
93
48k
116
110
50
118
104
130
91
170

_
_

__

__

b A ssessm ent p a id , c P a r value $700. d P rice p er share, n o t per ce n t, h P ar value $1,000 . k L ast sale. I P ar va lu e $100. m 1st in stall, p& kl,
n N om in a l, r C anadian p rice, s Sale p rice, t N ew s to ck , u E x 5 0 % sto ck d iv . a E x d lv . y E x righ ts. s.E x sto ck d i v . t W ith o n t p ar valttfc*.




46
S to ck s.

INDUSTRIAL AND MISCELLANEOUS STOCKS
Bid.

Par.

M in n e a p o lis .
N o r’w est F & M 100
N e w a rk .
A m erican _________ 5
F irem en’ s _______50
P rudential L i f e . -5 0
N ew H a v e n .
S ecurity I n s ------ 25
N ew O r le a n s .
L a fa yette________ 50
N ew Y o r k .
Am er A llia n ce- .1 0 0
Bankers < S h ip . 100
fe
C ity o f N Y ____ 100
C om m on w ea lth 100
C on tin en ta l-------- 25
F idelity-P h en ix .2 5
G lobe& R u tgers 100
G reat A m erican 100
H a n o v e r -------------50
H o m e ___________100
N a tion a l L ib erty 50
N ia g a ra _________ 50
N orth ern _______100
N orth R iv e r -------25
P acific F ire -------- 25
S tu y v e s a n t -------100
U nited S ta tes— 20
W e s tc h e s te r -------10
P h ila d e lp h ia .
A lliance o f P h ila . 10
F ire A sso cia tio n . 50
Ins C o o f N A . . . 10
In sC oS ta te ofPalOO
L u m berm en ’s — 25
P eop le’ s N a t F i r e ..
PhJJa L ife ............ 10
R elian ce_________ 50
U n ited F irem en’ s 10
V i c t o r y ---------------50
P r o v id e n c e .
P rov W a sh ’ ton
R ic h m o n d .
Virginia F & M . . 2 5
S t . P a u l, M in n .
St P au l F < M .1 0 (
fc
S a n F r a n c is c o .
Firem en’ s F u n d 100
H om e F ire & M
rin e -----------------W a s h in g to n .

Ask.

____

Per share.

18
192
450

20
195

Per share.

48

Per share.

220

Per share.

300
150
205
300
d 96
d 112
f 500
256
d 85
t 347
d 137
<Jfl43
150
d 45
d 45
50
d 50
d 40

____
____
215
325
98
115
-- _
260
__ _
352
143
147
180
55
60
75
60
43

Per share.

27

28

k 335

44
44%
140
____ k 111 %
____ k 22
k 10
98
k 102
k 1 5%
k 100

Per share.

160

____

Per share.

76

78

333

350

Per share.
Per share.

336
25

____
26

Per share.

230
100
18
8

N ational U n io n . .5
W h e e lin g ,W .V a

____
____
____

135
AN CE S C R IP .
A tlantic M u tu a l—
1921
.....
1922
..........

S to ck s.

Bid.

Par.

Per share.

Per cent.
/
/

97
97

100%
100%

Isle R o y a le C o p . 25
K en n ec’o tt C o p .( t ) 1
K err L a k e________5
L a k e C o p p e r____ 25
L a R os e C ons M . . 5
L a Salle C o p p e r . 25
M a gm a C op C o . (t)
M a son V al M in e s .5
M ass C ons ______25
M ayflowerOldC ol 2 5
M c In ty re , P ’ p ln e .5
M ia m i C o p p e r___5
M ich ig a n .
. .2 5
M oh a w k
.2 5
M oth erlod e C __ (t)
N eva d a C ons C o p .5
N ew C ornelia C o p .5
N ew Idria Q u ic k s. 5
N ew R iv er C o . .1 0 0
Preferred
__100
N ipissing M i n e s ..5
N o rth B u tte ____ 15
N orth L a k e ... . . 2 5
O h io C o p p e r____ 10
O ld D om in ion . . 25
O n tario Sil M in .1 0 0
O sceola
.
.2 5
P it & M tS h a sta C op
P on d Creek C oa l 10
Q u in cy _____ _____25
R an d M ines, L t d . .
R a y Cons C o p . .1 0
St Joseph L e a d . . 1 0
San T o y . _____ .1 s
Seneca C op C o r p (t)
S h a n n on ____ . . 1 0
S h a ttu ck A rizC op lO
South Lake ___25
Superior & B o s t . 10
S u p e r i o r . . _____ 25
Tennessee C op p er
& C hem t e m p .(t)
T on op a h B elm on t. 1
T on op a h (N e v ) . . 1
T on op a h E x t M l n .l s
T r in ity _________ 25
U n V erde E x t ..5 0 c
U ta h C o n s o l_____ 5
U ta h C op p er C o . 10
. .2 5
V ic to r ia ___
W in o n a . . . ___ 25
W o lv e rin e ___ . . 2 5
W y a n d o t ________ 25
Y u k o n G o l d ____ 5

S g
3
1%
15c
3
30
1
1%
1%
17%
27%
2
54%
11%
14%
18
80
5%
9%
20c
50c
20
5
29
21c
40%
33%
32%
13%
1 8%
4c s
7%
55c
8%
50c
2%
1%
11%
1%
2%
3
«
90c
26%

1%,

63
1
88c
7%
25c
70C

22
36%
3%
2
25c
3%
30%
1%
2
2
18
27%
2%
54%
11%
14%
18%
10c
37
82
6
9%
40c
52c
21
6%
31
41
3 4%
33%
13%
18%
5c
8
75c
9
75c
2%
2
11%
1%
2%
3 %
9 c
26%
1%
63%
1 8
8%
50c
90c

REALESTATETR
& LAND S T O C K S
Per Share.
A lb a n y T r (B ost).Z a 57
A llia n ce R e a lt y ___Z q 94
99
B ed ford T r (B o s ). .la 55
B erk eleyH otlT r (B ) l a ------65
B d o f T r B id Tr(C )Z a
----85
B os G r ’d R ’ t T r (C )f a 104
B ost R E T (B o s ). h a 860
B osS torW ’h ’ s e (B ). 1 a 112
B oston W h a rf C o .l a 107
B rom f B ldg T r(B )_Z a 58
Business R E T r (B ) .1 a ____
20
C ent B ld g T r (B)_Z a ------65
C h ic R E T ru stees h a 970
C ity R E T ( C ) ___ h a . . . .
750
C ongress St A ssoclates (B oston ) . . l a ____
75
C ’gressS tB lgT r(B )Z a ____
C o p le y Sq T r (B ).Z a ------30”
D elta B ld g T r (B ).l a -----D ev on sh B ig Tr(B )Z a 40
P referred ____ __
78
E ast B os Land (B ) _
3%
4
E nsley Land C o . . 1
80
90
Essex St T r (B ) _ . 1
65
F a ctory B ld g T r(B ) l
75
. . . .
H otel T r ( B )_____ Z
97
K im b allB ld g T r (B ) Z
60
R ea lty A ssociates of
163
B ro o k ly n ____ 100
169
T exa s P a cific Land
T ru st certlfs____ Z 280
350

Per share.
M IN IN G S T O C K S
30c.
A dven tu re C o n s .
50c.
x 56
56%
A h m eek _________
20c.
Alaska G o ld M _ .
40c.
Alaska Juneau
1
G o ld M in in g . .
1%
25c.
4 0 c.
A lg o m a h ________
21
22
Ahouez ---------------A m er Z in c L ead &
15
16
48
Preferred
49
47%
A n a con da C opp.51
47%
A rizona C o m ’cial.J
7%
8%
40c.
A r n o l d ,_____
B atopila s M in
%
%
17%
18
1
2
10%
B u tte C o p & Z C o 5
10%
29%
30
B u tte & S u p -------’
C allahan Z in c &
9%
L e a d ----------------- 10
9%
53%
C alu m et < A r iz .1 0
fc
56%
x 293
295
C alu m et & I
C an ad a C o p p e r ..5
s
3 c.
C arson H ill G M _ _ 1
7%
8%
8%
C entenn ial_______25
9
42%
43
C erro d e Pas C o (t )
T IT L E G U A R A N
2 8%
C h ili C op
2 9 % S A F E D E P O S IT S
24%
24%
C h in o C o
r 26%
27
C o n M in
A m erican S u re ty .50
36%
C o p R a n ge c o n l i
37
B on d & M G u ar 100
C row n R eserve . _. r 34
35
C h ica go T < T r.1 0 0
fc
C ity S D (A lb N Y ) 100
2%
3
C olu m bia T itle
22%
(W a s h in g to n ). . 5
u i
4 0 % F id elity& D (M d ) .50
8
8 % K en tu ck y T itle C o
9%
10%
P referred___ 100
46
P referred ____
47
L aw yers’ M C o . 100
First N a tion a l
Louisville T itle 100
38c.
40c. M arylan d Cas C o25
f AQ U A l l l i _ _ _ _ _ _ _
1%
1 % M ortgage B o n d . 100
G old field C on sol
N a t Surety C o . 100
• 1 0 c. N Y T itle& M tg.lO O
M in e s ________1<
G ra n b y C on s M S
R E T In s(W a sh )1 00
23
& P __________ 10<
24
T it Ins& G u(S ap F r)
T itle G u T r (S tL ) 100
40c.
45C. U S C asu a lty___100
23
25
U S F id e l& G u (M )5 0
2%
2 % U S T itle G u a r . 100
W estchester T itle &
70
79
M tg e G u a r .. 100
Inspiration C ons
33
&
C o p p e r________ _
33% IN D U S T R IA L
102
Island C reek C oa l 1 101%
M IS C E L L A N E O U
93%
95
A dam s E xp ress. 100
P referred . .
A d v ’c e -R u m e ly . 100
P referred____ 100
A eolia n -W eb er—
P iano & P la n . 100
Preferred ___100
A ir R e d u c tio n , . ( t )
A ja x R u b b e r____ 50

TEE &
TOCK

Per Share.
d 87
89
275
260
160

__

__

Ask.

Per Share.

d 6
d 129
90
157
160
d 83
114
150
170
120

285
270
170

1 3 l”
163
84
120
154
176

46

t 110
d 152
112

S

118

Per Share.
69%
14
48

d 58
13

70
16
52

S to ck s.

Par.

Bid.

j

A sk.

Per
50
A labam a C o . .. 100
60
82
1st p r e f. ___100
50
70 ~
2d pref .
.. 100
60
A lb a n y C o m ___100
70
A lb a n y (N Y ) Safe
150
175
D e p & Storage 100
A llied C hem & D y e
73%
C orp . . - - . ( t ) d 73
108
Preferred
.1 0 0
110 %
3
1
A llied P a c k e r s ..( f ) d
2
4
N ew stk ______( f ) d
21
18
P rior pref _____
5
10
A llis-Chalm ers M fg
46
46 %
C om m on ___100
93
97
Preferred ___100
22
A lu m in um M frs (t)
____
P re fe rre d ____ 100
101%
90%
A m al Sug 1st p f 100
31 ”
3 0%
A m A gri C h e m . 100
57%
59
P re fe rre d ____ 100
85
A m B an k N o te .5 0 dp 80
56
P re fe rre d ____ 50 d 5 4%
35
36%
A m B eet S u ga r. 100
72
79
P re fe rre d ____ 100
87
90
A m erican B o o k . 100
38
A m B osch M a g n (t) d 3 7 %
d 75
77
A m B rake Sh & F (f )
106%
109 %
P re fe rre d ____ 100
x 81
A m erican C a n . .1 0 0
81%
112%
P referred ____ 100
111 %
177
180
A m C ar & F d ry 100
125
126
P re fe rre d ____ 100
10
A m C aram el___100
30
40
P referred ____ 100
d 5%
7
A m C h icle ____ (t)
23
30
P referred ____ 100
73
71
A m C ig a r .. . .1 0 0
92
89
P re fe rre d ____ 100
A m C oa l o f N J . .2 5 d ____
16%
1 6%
A m C o tto n O il. 100
61
64
P re fe rre d ____ 100
250
A m C red lt In d em 100
33
38
A m C y a n a m ld .1 0 0
65
68
P re fe rre d ____ 100
6%
d 6%
A m D ru g S y n d -.I O
134
138%
A m E xp ress____ 100
73
75
A m erican G lu e . 100
120
126
P re fe rre d ____ 100
51
A m H a rd w a re . . 100 t 49
12
A m H ld e & L e a th 100
11%
67
69
P re fe rre d ____ 100
50
A m er H o s ie ry ___25 d 40
98%
99
A m Ice C o
— 100
85%
87
P re fe rre d ____ 100
24%
24%
A m er In tern C o r p .
A m -L a France
11%
F ire E n g I n c . .1 0 d 11%
92%
96
P re fe rre d ____ 100
A m er L aund ry
31
M a ch in ery___(t) td 3 0 %
117
P re fe rre d ____ 100
iig %
31
32
A m er L in se e d . .1 0 0
53
55
P re fe rre d ____ 100
122
122%
A m L o co m o tiv e 100
119
121
P re fe rre d ____ 100
100
110
A m M ch & F d y 100
A m M a lt & G rain (t) d ____
A m er M e ta l C o . ( f ) d 5 1%
5 j%
115%
115
P re fe rre d ____ 100
85
A m er P ia n o ____ 100
95
P re fe rre d ____ 100
2%
3
A m P neu S e rv___25 d
d 44
47
First p re f_____ 50
19 %
P re fe rre d ___ .5 0 d ____
A m R a d ia to r____ 25 d 80
81%
123
125
P re fe rre d ____ 100
35
A m R o llin g M ill.2 5 d 3 4 %
100
P re fe rre d ____ 100
d 8
'8 %
A m S afety R a zor 25
96
A m erican Screw 100
A m Seed M a c h . 100
85”
P r e f e r r e d ___100
90
70
71
A m S h ip bld g___100
____
P re fe rre d ____ 100
A m er Ship < C o m fc
18%
m erce . .
(t) d 1 8%
56%
57
A m Sm elt & R e fg 100
99%
100
P re fe r re d . .. 100
141
145
A m S nuff c o m . .1 0 0
95
103
P re fe rre d ____ 100
36%
A m St F ’dries 33 1-3 d 36
103
104
P re fe rre d ____ 100
1 6 7%
A m erican Stores (t) d 167%
76%
77
A m Sugar R e fg .1 0 0
106
107
P re fe rre d ____ 100
26%
27
A m Sum at T o b . 100
56%
59
P re fe rre d ____ 100
3%
A m T h read p r e f ..5 d
4%
153%
151%
A m T o b a c c o ___100
149
150
C o m m o n B . 100
103%
104
P re fe rre d ____ 100
S c r i p ____________ d 145
147
66
68
A m T y p e F o u n .1 0 0
98
100
P re fe rre d ____ 100
6%
A m V itirfied P ro d 50 d
63
P re fe rre d ____ 100
29%
28
A m W W < E le c 100
fc
91
First p re f____ 100
91%
53
54%
P a rtic p re f___100
A m er W holesale
96
C o rp , p re f___ 100
99%
A m W ind Glass
108
P re fe rre d ____ 10C
A m W in d Glass
82%
M a c h ________10C s 80
s 94
P re fe rre d ____ 100
94%
95
A m W o o l (M a ss) 100
109
111
P re fe rre d ____ 100
A m W rin g er___100
—
P re fe rre d ____ 100

__

S to ck s.

[Vol. lie.
Par.\

Bid.

Ask.

Per share.
A m W ritin g P ap 100[
s
2%
24*”
26
P referred ____ 100
A n glo -A m e r Oil _ £ 1 d 1 7 %
17 %
93
93%
A rm ou r & C o p f 100
9%
A rm o u rL e a th co m l 5 d
10%
87
P referred ____ 100
. 88
A rt M ota l C o n . . 1 0 d 15
18
A run del C o r p ___ 50 d 41
41%
95
P referred ____ 100
....
A ssets R e a llz a . 100
66 %
A ss o c D r y G ’d s . 100|
67
84%
85%
1st p re f_____ 100
90
2nd p r e f_____ 100
91
122% 123 I
A ssocia ted O il. 100
A sso cia t’ d Sim m ons
78
H ardw are p f.1 0 0
80
A tla n tic F r u it ..1 0 0
%
C ol T r c tf d e p .J
1%
1%
A tl G u lf < W
fc
I
20
19%
In d SS L in e s. 100
15
P referred ____ 100
15%
7
6
A tla n L o b o s O il. (t) d
30
P referred_____ 50 d 20
135
A tla n tic R e fin . 100 132
120
118
P referred ____ 100
165
A tlas P o w d e r .. 100 160
85%
90
P re fe rre d ____ 100
16%
A tla s T a c k _____ ( t ) d
17%
32
A u s tin ,N lc h & C o (t) d 3 1 %
87
P re fe rre d ____ 100
89%
3
A utosales C o r p . . 5 0 d
1%
13
P re fe rre d _____ 50 d 12
109
B a b co c k & W il. 100 107
131%
B ald w L o c W ks 100 131
11 5%
114
P referred ____ 100
20
B altim ore T u b e 100
18
50
P referred ____ 100
46
51
B arnet L ea th ’r . . (t ) d 46
P referred ____ 100
97
—
B a m sd a ll C o rp
I
30%
Class A _______25 d 29
Class B _______25 d 1 8 %
19
52
55
B ajp ik B ros.com lO O
112
P referred ____ 100
109
B eatrice C ream 100
102”
106”
P referred ____ 100
9
B eav er B oa rd C o ( t ) d
15
1st p r e f_____ 100
B eech -N u t P a c k . 20 d 64
64%
7 % pref cl B .1 0 0 , 111
—
B eth leh em M o t (t)
6 l" "
B e th ’h em S te e l. 100
60”
Class B c o m . . 100
61%
61%
92
94
P re fe rre d ____ 100'
10 7%
8 % co n v p re f. 100' 1 0 7 %
B illings & S p e n ..2 5 d 14
18
24
P referred _____ 25 d 21
34%
Bliss (E W ) C o - _ ( t ) d 33
65
P referred ______ 50 d 60
10
2nd p r e f ______ 10 d
9
6
B o o th F ish eries. ( f ) d
6
33
1st p re f_____ 100,
50
B ord en C o _____ 100
116
120
P referred ____ 100! 102
104
115
B orn e,S crym ser 100 110
29
B ost B elting p f.1 0 0
B rier H ill S te e l. ( t ) d 19”
19%
P referred_____100 103%
106
53%
54
B rill (J G ) _____ 100
P referred_____100
B ristol B rass____ 25 d 12”
18”
B rit-A m e r T o b . _ £ l d 1 9 %
20%
O rdin b e a re r. _ £ l d 1 9 %
20
B ritish C o l Fish
|
24
& P a ck in g ___ 100 r 2 3 %
B ritish E m p ire
|
9
Steel, c o m ___ 100,
8%
66
70
1st p re f_____ 100
24
25%
2d p re f_______100
62
60 _
B row n S h o e ____ 100
97
98
P referred _____100
B run sw lck e-B alke- j
C ollen der p f.1 0 0;
99
101
B run sw ick T erm
3
& R y S e c_____100!
%
92
B u ck e y e P ipe L _ 5 0 d 90
143
Burns B ros_____100 142
110
N ew preferred 100 10 3%
117
P rior p r e f____ 100
A s to c k _______ft )
39”
39%
B s to c k _______(f )
100
B ush T e rm in a l. 100
97”
98%
P referred____ 100
100
Bush T erm B ld gs p f
17%
18
B u tterick C o ___100
7%
8
C a d d o C e n tO & R 100
81
C al P a ck C o r p . . (t ) d 8 0 %
77%
77%
C a lif P e tro l____ 100
96%
97%
P referred ____ 100
C alum et & C h ic
C an & D o c k . 100
C am b ria I r o n ___50 d 45
90
C am b ria S teel___50 d
78%
C an ad a C em en t 100 r 7 8 %
P referred ____ 100 r 101
C a n F d y s & F o r g . lOOr 25
P referred ____ 100,r
18
C an SS L in e s . _ 100 r 1 6 %
48%
48%
P referred ____ 100
32
33
C an adianC ar& F 100
70
69%
P referred ____ 100
C an C o n R u b . . 100
P referred ____ 100
90
C an ad ’ n E x p lo s . 100
92
P referred ____ 100
67
C an L ocom otivelO O
P referred ____ 100
92%
91%
C an W o o lle n s .. 100
P referred ____ 100
C a n to n C o _____ 100

%

2

2

%

%

%

1

59
1 3%

o Purchaser also p ays accru ed d ivid en d , d P rice per share, not per cen t.
e E x 7 5 % sto ck d ivid e n d .
k Last sale.
I P ar value $100.
m Ex
5 0 % stock d ivid en d , n N om in a l, o P rice p e r c e n t o f par value.
p E x extra 310 cash and 1 0 % stock divid e n d .
r C anadian price.
s Sale p rice.
I N ew stock , u E x stock d ivid en d , v Assessment p aid , w E x 9 0 0 % stock d ivid e n d , y E x rights, z E x 33 1 -3 % sto ck d iv . t W ithou t par value,
j E x 2 5 % stock d ivid en d .




F eb., 1923.]
S to ck s.

Par.

47

INDUSTBIAL AND MISCELLANEOUS STOCKS
Bid.

Ask.

Per share.
C aracas Su ga r___50 d 11
C a rb on S te e l-- 100 d
1
1 st p r e f . ___ 1 0 0 d 15
2 d p ref --1 0 0 d
5
C arib S y n d ic a t e -25 ds 4 % 3
C arriage F a c t - -100
P r e fe r r e d .- -1 00
C ase(J I) P low W ks
C om
(no par) d
3%
1 st p r e f--1 0 0
2 d pref
100
C ase (J I) T hresh
32
M a ch c o m . . 100
74
P referred 100
C ase L o ck w o o d &
B rain ard C o 100 250
98
C ellu loid C o _ _ - 100
106
P referred
-1 00
C entral A guirre
Sugar C o s .2 0 d 82 3*
75
C entral C & C .- 1 0 0
73
P referred
- 100
C en H u d S tb t p f 100
C en t L eather -1 00
33?*
P referred . .-1 0 0
70
C en t Sug C orp (t) d
%
1
P referred ____ 100
C en t Teresa S u g . 10 d
1%
Preferred 10 d
2%
C ert’n-teed P r o d (t ) d 41%
85
1 st p r e f___
100
78
2 d pref - - - 1 0 0
C h a m p ion C oated
120
P a p e r ._______ 100
102
P referred ___ 100
C handler M o to r (t) d 04%
C hesebrough
M a n u fa ctu r’g 100 2 2 0
111
P r e fe r r e d .. -1 00
C h ic June R y s &
138
U n St Y d stpdlOO
90
Preferred 100
C h ic Pneu T o o l 100
86
C h ic R y E q u ip . 100 t 33%
150
C hilds C o _____ 100
110
P referred .
100
20
C in T o b W a re h . 100
130
C in U n Stk Y d s 100
67
C ity In v estin g . 100
93
P r e fe r re d -- - 1 0 0
45
C lev C liffs I r o n . 100
92
C levelan d S tone 100
67
C lu ett. PeabodylOO
105
P referred ____ 100
C oca -C ola C o . . - ( f )
75?*
P referred ____ 100
93
195
C ollins C o _____ 100
C o lo Fuel & I r _ - 100
253*
102
Preferred - .1 0 0
C o lt ’s P atent
F ire A rm s M . . 2 5 d 23
23 *
C ol G rap h M f g - ( t ) d
P r e f e r r e d ___100
10%
C om Solvents A - (t) d 40
29
Class B ______ (j)
C o m p u t-T a b u la t &
R e co rd in g C o . (t) d 7 0)4
140
C on goleu m C o co m .
93
Preferred .
C on ley F oil (no par)
19 H
C on s olC a rH ea t. 100
20
C on s C ig a r ., - - ( t ) d 35
P referred ____ 100
79 %
C on sC oa l o fS tL 100
78%
C on sol D i s t r ib - - ( t ) d
%
C on s I c e (P it t s b ). 50 d
5
P referred .
- .5 0 d ____
C on sol T e x t i l e .- ( t ) d 11
C on s C oal o f M dlO C
93
C onsum ers C o . 10C
5J*
66
P referred - -10C
C on tin en tal C an 10C
131
N ew n o par s tk (f) d 49%
105
P referred ____ 10C
C on t C a n d y .. . ( t ) d
.
C on tin en tal M o t 10 d 10%
C on tin en tal O il. - 25 d 40
127 ?*
C orn P rod R efg 100
119%
P referred____ 10C
C osd en& C o co m (t) d 53%
P r e fe r r e d .. — 5 d ____
107
Preferred new 10C
C ram p (W m ) &
SonsSh& E B ld 10C
50
V o t trust c t fs —
C rescent Pipe L.5C d 44
25
C rex C arpet — 10C
C rock-W h eeler 10C
50
90
Preferred____ 10C
C ru cib le Steel.-10C
71 V
s
P referred ____ 10C
91
C u b a Cane Sugar (t) d 12Vs
38%
P referred____ 10C
C u b a n -A m S u g . - 1C d 24%
100%
P r e f e r r e d ___10C
62
C u d a h y P ack.-10C
92
C u m berl P ipe L 10C
212%
D H H olm es L td 10C
71
D a v is C & C ..IOC
D a v is o n C h e m . . (t) d 29%
72
D eere & C o p ref 10C
D L & W C o a l---- 5C d 82%
116
D ia m on d MatchlOC
136
D ix o n (J) C r u c -----95
D o d g e M fg pref 1 0 C
r 71
D o m C oa l p r e f. 10C r
D om in ion G lass 10C r 93%
P referred ____ 10C r ____
D o m I & S p r e f. 10C r . . .
D om S tC orp com lO C r
P r e f e r r e d ___10C r 77
d u P on t (E I) de
108
N < d o c o m . 10C
fc
85
D eb en s to c k . 10C
D urham H osiery 5C d ____
____
P referred ____ 10C
Eagle L o c k -------- 25 d 74
E astern S teel.-10C
35
1st p referred . 1 0 0

__

S to ck s.

Par.

Bid.

Ask.

Per .hare.

S to c k s.

Par.

Bid.

Per share.

S to ck s.

Par.

Bid.

1

| Ask.

Per share.

L ehigh V al C oal
Sales ______-50 d
89
91
L eh & W ilk esB a r r e C o a l____ 50 d 150
____ L ib b y , M c N e il
L ib b y .
____ 10 d
73*
7?*
L ib e rty M i l l s . - 100
80
75
L ibrary B u re a u . 100
110
P referred ____ 100
198
103
108
115
L ig& M y e rsT o b .1 0 0
210
220
C om m on B . . 1 0 0
206
220
203*
85
P referred ____ 100
115
1173*
L ig g e tt’ s In tern a t—
109
104
C o m m o n ____ 1 0 0
78
_
_
P referred
.
50 d 52
53
L im a L o co m — (T)
603*
60?*
135
7 % p r e f_____ 100
112
L ind say L ig h t___10 d
107
3 3*
43*
5
P referred ____ 100
7
23
L it B ro th e rs____ 10 d 2 2
223*
67
L o e w ’ s I n c _____ (t ) d 19
L o ft I n c . _____ ( t ) d 1 0 ?*
11
L oose W iles B is . 100
56
53
583*
1 st p r e f___ . 1 0 0
105
115
114
2 d p r e f______ 1 0 0
120
40
50
713* L ord & T a y lo r . 100,
1 st p r e f___ . 1 0 0
80
90
91
115
101
2d p r e f.. . - 100
130
923* L orillard (P )-.-lO O j 168
169
28%
P re fe rre d ____ 100
118
1183*
30
Lukens S te e l____ 50 d 1 0
17
28% M a cA n d rew s &
128
130
F orbes.
___100
153*
99
P re fe rre d ____ 100
101
5%
M a ck a y C e s ___ 100
113
117
51
4%
P re fe rre d ____ 100
69
69 3*
653*
38
M a ck T ru ck s I n c ( t ) d 65
1 st p referred - 1 0 0
90
93
2 d p re fe rre d . . 1 0 0
85
90
170
68
114
M a cy ( R H ) ____ ( t )
663*
117
P referred ____ 100
1133*
M a g n o lia P e tro l.1 0 0
162
164
M allison (H . R .) ( t ) d 35?*
353*
89
P re fe rre d ____ 100
933*
183*
4
46?*
M a n a ti S u g a r. .1 0 0
463*
82
78
P re fe rre d ____ 100
75
52
M a n h at E l S u p . 100
55
44?*
15
M a n h at Shirt — 25 d 44
120
98
P re fe rre d ____ 100
1083*
122
M a p le Leaf M ill 100
125
62
97
99
P re fe rre d ____ 100
33?*
M a rla n d O il-------(t)
333*
M a rlin -R o ck w e ll
13
48
C o rp v t c ------ (t) d
93*
27?*
53* M a rtin -P a rry C o r(t) d 27%
55
S3* M a th i’s’ n A lk a li.50 d 54
33
47
M a x w e ll-M o t A 100
463*
C lass B (no p a r ). d 15
153*
5
M a y (T h e) D e p t
73
S toresC o com 100
723*
116
118
55
P re fe rre d ____ 100
102
105
243* M c C ro r y Stores 100
102
107
P re fe rre d ____ 100
28
31
— 100
i3 * M e n g e lC o
200
220
63* M e rc S to re s____ 100
1763*
89% M erg L in o t y p e . 100 174
9
1153* M erritt O il-------- 10 d
93*
93*
9% M e x E ag le O il-------5 a 73*
290
240
M e x ica n P e t r o l. 100
39
105
95
P re fe rre d ____ 100
14%
16?*
74
M ex S eaboardO il(l') a 163*
15?*
V o t tr e fts ------ (t)
50%
153*
25
M ich L lm est& C h 25 d 2 2
100
26
70
P r e f e r r e d -------25 d 2 2
2 0 }* M id States O i l . -1 0 d
1 1 ?*
113*
M id v a le St & O rd 50 d 273*
273*
M iller R u b b e r . .1 0 0
76
75
66
104
102
P re fe rre d ____ 100
55
M itch e ll M o to rs (t) d
13*
13*
____
15
M o h a w k R u b b .1 0 0
75
70
P referred .
683*
163* M o lin e P low 1st
____
____
443*
pref- 100
M o n tg o m e ry W ard
22
C o , c o m m o n .( t ) d 2 1 ?*
P re fe rre d ____ 100 d 223*
223*
3*
____
108
100
Class A .
— (t)
____ M o o n M o to r C a r (t) d 183*
18?*
19?* M o rse T w ist D rill
73
162?*
& M a ch in e ry - .5 0 d 150
M o u n ta in P r o d ------- d 1 6 3 *
ig jf
22
d
233*
90
M u llin s B o d y _ . ( t )
83
P re fe rre d ____ 100
903*
523*
____
N ash M o t o r (n o par) d 1 0 2
100
107?*
P re fe rre d -------100
99 3*
23
20
N ash W areh & E l 100
100
N a t A cm e C o — 50 a 11
113*
76
39?*
N at B iscu itw i . . 2 5 a 39 3*
125
115
75
P re fe rre d ____ 100
90
89
23* N a t C a n d y -------100
____
106
41?*
1 st p r e f ____ 1 0 0
____
2 d p ref - 100
993*
1013*
60
623*
N at C lo a k & S u itl0 0
104
1023*
P re fe rre d -------100
483*
1
108
N a t C o n d u it& C . (t) 0
1 3*
67
N a tE n a m & S tp g 100
88
6 7 }*
101
100
P re fe rre d ____ 100
1083*
____
105
7?*
N a t F ire -P ro o fg .5 0 d
20
Preferred . . . 50 c 19 3*
95
85
9
N at F u el G a s -------125 J*
62
1243*
N a t L e a d _______100
P re fe rre d ____ 100
1123*
1133*
8
N a t L eather new 10 d
215
7%
513*
1173* N a t R e f c o m -------25 c 50
____
126
P re fe rre d ____ 100
120
106
104
120
28
N a t’ l T r a n s it-12.50 d 273*
6
N a tom a s C o o f C al
4 ?*
____
180
p re fe rre d ____ 1 0 0
N ew D ep arture
____
105
M fg p r e f____ 100
72
N ew ’E ngland Spun
103
____
80
Silk p re f_____ 100
173
170
933* N J Z in c ______ 10C
N ew M e x ico &
283*
8%
A rizon a L a n d - . l d
3?*
733*
27%
N Y A ir B rake _(t) < 27
a 483*
483*
Class A s t o c k , (t)

E astm an K o d a k —
H a rt, S chaffner
103
N ew com m on ( t ) dx 94%
& M a r x .. - .1 0 0
95%
P referred ___ . 1 0 0
116
P referred ____ 100
110
27% H ask& B ark C ar (t )
1 0 __ E d m ’s & Jones C o r f d 27%
H a va n a T o b ___100
P referred ___ . 1 0 0
95
98
4%
Eisenlohr (O tto) &
P re fe rre d ____ 100
H a w aiian C om
80
82
B r o ________ 1 0 0
P referred ___ . 1 0 0
& Sugar ______25 d 40%
96?*
H elm e (G W ) C o 100
188
98
3% E lec B d & Sh p f 100
113
E lec Stor B a tt. -(+ ) d 54%
P referred ____ 100
54%
18
E lgin N W atch - .2 5 d 44
H end ee M f g ___100
46
6
19?*
E lk H C oal C orp 50 d 17
P referred ____ 100
80
18
P referred . . - . 5 0 d 33%
38% H ercules P ow d er 100 107
35
E ly W alker D r y
102
P r e f e r r e d ___100
77
G oods. . . .1 0 0
H err-H -M arSafelO O
50
104
1 st preferred . 1 0 0
105%\ H e y w o o d 2 d preferred . 1 0 0
130
102
85 1 W ak efiled C o 100
E m erson-B rant . 1 0 0
6
104
P re fe rre d ____ 100
110
8
3
P referred ___ . 1 0 0
25 J*
27
H o ck V al P r o d . .1 0 d
84% E n d icott-J oh n son 5 0 d 8 8
88%' H o lly Sug C o ___(t) d 2 2
65
P referred___ . 1 0 0
P re fe rre d ____ 100
117%
104
Eureka P ip e L . 1 0 0
H o ly o k e W at P o .100
425
106
E xch Buff C o r p .(t ) d 28%
29
H o o d R u b b e r ___(t) d 58%
7
12
H o o v e n Ow ens <
fe
3 3 V Fairbanks C o . - . 2 5 d
1 st preferred . 1 0 0
R entsch ler p f 100
8%
15
70%
2 d preferred . 1 0 0
25
H ou ston Oil ctfs 100
71
35
1 3*
89
Fajardo S u ga r. . 1 0 0
P referred ctfs 100
3
91
F am ous P layersD iv o b lig ___F& A d 1 0 0
L asky C orp -< t) d 84
84% H o w e Scale p f . . 100
88
95
P referred ___ . 1 0 0
47
H u d son M o t C ar (t) d 28%
96
Far & Ship T o b
H u m b le O il & R .2 5 to 34
90
____
W areh ou se. . . 1 0 0
H u p p M o t o r ____ 10 d 28%
80
____
1 st preferred - 1 0 0
H u tch Sug P lt n .2 5 d 14%
50
2 d preferred - 1 0 0
5
150
H y d ra u lic P r B r 100
F a y & E ga n co m 100
25
50%
105
P re fe rre d ____ 100
75
P referred___ - 1 0 0
85
4V
s
65
H y d ra u lic S te e l, (t)
65
Federal Sug R e fg 100
75
30
P referred ____ 100
P referred ___ . 1 0 0
90
105
Illin ois B r i c k . .1 0 0
79
230
8
5 th A v e B u s v tc (t ) d
115
8% Illin ois P ip e L - . 100 168
Firestone T & R u b lO d 75
75% Im perial O i l ____ 25 d 113
6 % preferred . 1 0 0
97%
98
Im perial T o b of
93%
7 % preferred - 100
95
94
C an ad a c o m ___5 d
Fisher B o d y . . - ( t ) d 155
160
Im perial T o b a c c o
88
118
P referred ___ - 1 0 0
34
o f G B & I _______ d 17%
119%
F ish B ’d y O h io p f 100
99
99% In d ep en B rew ’g .5 0 d 3%
155
Fisk R u b b er com 25 d 14%
9%
P r e f e r r e d ____ 50 d
111
14%
F ord M o t o f C an ada d 398
02
401
25
In d ep en d W hse.100
F ou n d ation C o . ( t ) d 35
00
In d ia h om a R e f g . .5 d 14
135
34
Franklin (H H ) M fg
37
In d ia n a P ipe L . . 5 0 d 96
88
P referred ___ . 1 0 0
92
98
In d ian R e f co m 10 d
5V
s
F reeport T ex C o (t ) d 19%
20
59
50
P r e f e r r e d ___100
100
105
104
99 % G a ir (R o b )C o p f 100
In g ersoll-R an d . 100
59
G alena-Sig Oil 1 0 0
104
60
69
P referred .1 0 0
109
Pref (old ) — . 1 0 0
111
Inland Steel . .2 5 d 46
110
104
Pref ( n e w ) .. - 1 0 0
107
76
In te rco n t R u b . 100
a
08% In t A gr C o r com lOO
94 % G e n A m T a n k C a r(t) d 00%
8
100% 101%
1 st preferred . 1 0 0
32
205
P referred
.1 0 0
42%
G en A sph com - 1 0 0
43
In ter B u tto n H ole
26
70%
P referred ___ . 1 0 0
4
78
Sew M a ch in e . .1 0 d
79
G en B a k in g— . 1 0 0
83
In t C em en t C o rp (t) d
100% 109
P referred ___ . 1 0 0
In t C ig a r M a ch ___
24
48
86
80% In t C om b u st E n g (t ) d 23%
2 % G en C ig c o m — . 1 0 0
100% 109
P referred ___ . 1 0 0
In t E d u ca tio n a l
10%
107%
D eb p re f___ - 1 0 0
42
110
P u b lish ’ g c o m . 50 d
32% General E lectric 100 182% 184%
P r e fe r r e d .. . . 5 0 d
5%
Special 6 % stk 10 d 1 1 V
s
89
11% In t H a rvester- .1 0 0
72
73
P re fe rre d ____ 100
115
71% G en F irep roof’g 100
93
P referred ___ - 1 0 0
95
146
In t M e r M a rin e. 100
9
G en M otors (no par) d 13%
95
13%
P r e fe r r e d .. .1 0 0
38
83%
Preferred — . 1 0 0
84% In ter N ick e l____ 25 d 14%
19 %
83%
D eb 6 % s t k . . 1 0 0
84 V
s
73
P r e fe r r e d .. .1 0 0
97%
D eb 7 % s tk . . 1 0 0
98?* In ter P a p e r____ 100
50%
30%
33%
85
P r e fe r r e d .. .1 0 0
81% G en P e tr o l— - - 2 5 d 3 3 %
P referred ___ ..2 5 d 23%
23%
85
P ref s ta m p e d ___
693*
57
51
Internat P e t r o l, (t) d 2 0 %
% G en R y Signal . 1 0 0
75
P referred ___ . 1 0 0
82
6
In ter S a l t ____ 100
873*
G en T ire & R u b 100 325
35
Internat Shoe _ (t) d 05%
99
P referred ___ . 1 0 0
P referred ____ 100
11%
1163*
270
40
93% G illette Sat R az (t ) d 274
In ter S i l v e r ___100
40
103
50
P referred ____ 100
0% G illiland Oil pi . 1 0 0
G im b el B r o s . — (t) d 45
46
68
In t T e x t B o o k . . 100
673*
99
P referred ___ . 1 0 0
132
99% In v in cib le O il___50 d 163*
49 % G len A ld en C oa l (T) ds 07% s 6 8
Iro n P ro d C o r p .( t ) d 44 J*
G lid d en C o (no par) d 10
92
107
10%
P referred ____ 100
90
G lob e-W ern ick e 100
94
Iro n S team bt C o . 10 d
100
Preferred — . 1 0 0
101
Isl’ d O il & T ra n s 10
10%
Vs
G o d c h ’x Sug I n c (T) d 15
18
J R M o n tg o m e ry 100
90
41
P referred ___ . 1 0 0 d 85
88
108
128
P referred ____ 100
6
G old w y n Piet ~ ( t ) d
121
OVs Jewel T e a . . . 100
193*
85%
36
P referred ____ 100
723*
03 Vs G o o d rich (B F ) . ( t )
89 y8
Preferred — . 1 0 0
90% Johnson T in F o il
G ood y ea r T ire &
80
& M e ta l_____ 100
109
11
R u b b er c o m . 100
52
1 1 V Jones B ros T e a . 100
s
35
P referred ___ . 1 0 0
37
Jones & L aughlin
84%
P rior p r e f— - 1 0 0
80%
51
S t e e l 7 % p f w i 100
1073*
G ood y ea r T & R of
45
Juncos C ent Sug 100
50
C an ada p r e f. 100 r ____
80% K C S tk Y d s o f M e
35
'65
G orham M fg p f 1 0 0
55
C o m m o n ____ 1 0 0 X 74
G orton -P ew Fi sh 50 d ____
96
P r e fe r r e d .. .1 0 0 X 72
____
P referred ___ . 1 0 0
2
2
K ans & G u lf C o . 10 a
71%
134
Grasselli C hem _ 100
137
92
K a y se r(J u l)& C o (t) 0 41
102
P referred___ . 1 0 0
13
1 st p re fe rre d , (f) d 1 0 0
G ray & D a v is - ( t ) d 11%
13
K elly-S p rin g field
39
80
G ray & D u d le y . 100
87
25
T ire c o m _____ 25 n 48
107
G t A & P T ea p f.1 0 0
110
106
8 % p referred . 1 0 0
101
64
62 % G reat Lakes T o w 1 0 0
65
85
6 % cu m p r e f. 1 0 0
8 2 j/fc
P referred ___ . 1 0 0
1051*
93
K elsey W h e e l. .100
G reat W est Sug -2 5 d 78
81
100
P r e f e r r e d ___ 10C
105
P referred ___ . 1 0 0
105?* K e n tu ck y W a g . 10C
77
G u an tanam o Sug (t ) d
9%
10
30
K e v st T ire & R .1 0 a
8Vs
96
Preferred — . 1 0 0
103
75
K irb y L u m b e r. 10C
59
50%
G u lf Oil (new) - .2 5 d 50%
84
P referred -10C d 140
81
82
G u lf States S t’1.100
118
210
K resge (S S) C o . 10C
99%
1 st pref t r c t f - 1 0 0
105%
145
P re fe rre d ____ 10C
111
H abisnaw E lectric
96
100
K ress (S H )& ColOC
C ab le ____ — (t d
1%
72
105
1%
1
Hale & K ilb u r n . 100
3 ' ' L ake Sup C o r p . 100
5 ?*
18
P referred . - . . 1 0 0
23
93%
L ake o f the W o o d s
3
99% H allS w itch& S ig 100
M illin g _______10C r 177
P referred . - . . 1 0 0
7
73
P referred ____ 10C
H am il-B r S h o e .-2 5 d 48
50
L anders, F rary
115
H a rb -W a lk R e f - 100
120
& C lark .
25 c 69
P r e fe r r e d -- ..1 0 0
s 115
79%
L anst M o n o ty p e 10(
101%
H artm an C o r p . 100
102% L auren tid e C o . 1 0 0 r 92%
109
86
28
Lee R u b & T ir e , (t ) a
30
L eh C o a l & N a v .5 0 dx 72%
13
3
25

Ask.

105
118

_

__
_

86

76
50
—

_

1

k Last sale.
a Purchaser a ls o ’ p a ys accrued d iv id en d . 6 Assessm ent p a id . dJPrice per share. n ot p er c e n t .S le E x 1 0 0 % stock d iv id e n d .
0 N om in a l,
p E x 2 0 0 % s tock d iv id en d , r C an ad ian p rice, s Sale p rice , t N ew sto ck . u E x ca s h fa n d fsto ck d iv id e n d , v E x 5 0 % stock d iv .
en d . to E x 4 0 % stock d iv id e n d .!!* E x d iv id en d , y E x r ig h t s .jiz E x j 100 % stock and 1 0 % specialfca sh ^ div lden d s. t W ith o u t par value.




INDUST. AND MISCEL- STOCKS — MUNIC- BONDS

48
S to ck s.

Par

Bid.

Ask.

S to ck s.

Par.

Bid.

Per share.
N Y D o c k _____ 100
21%
P referred ____ 100
44 %
N Y S h i p b l d g -.(t ) d 12
N Y T r a n s it -- .1 0 0 0 130
N ich olson F ile . 100 176
N iles-B em -P ’ d .1 0 0
49
P referred ____ 100
87
N o r & W StboatlOO
195
103 %
N orth A m er C o . 100
R ig h t s ------------ - - d 19
P r e f e r r e d -------50 d 45
N . A . P ulp & P a p .t d
1%
N o rth & J u d d — 25 d 50
106
N orth ern P ipe L I 00
25
N o v a Sc S t& C .lO O
2 9%
N u n n ally C o — (t) <
O gilvie FI M ills . 100 r 295
P referred -------100 r ____
O h io B o d y & B l.( t ) d
8%
90
O h io B ra ss, p f . -1 00
Class B —
(t ) d 65
O h io Fuel O il------ 1 d ____
____
O hio L ea th er___100
P referred ____ 100
10
O h io O il, n ew — 25 d >0 %
O kla P rod & R e f - - 5 d
2%
O ld D o m in S S --1 0 0
325
O rpheum C ircu it .1 d 18%
85
P referred ____ 100
O tis E le v a t o r .-1 0 0
143
102
P referred -------100
O tis S teel---------- (t) d
8%
1st p referred . 100
47
O w ens B o tt le ___25 d 4 2 %
P referred -------100
107
____
P a c C oast C o . -1 0 0
____
1st p r e f ____ 100
____
2d p r e f- - 100
P a cific D e v e l o p .50 d
li%
P a cific M a il S S . 100
P a cific O il (no par) d 4 2 %
P a ck a rd M o t o r . .1 0 d 12%
P referred ____ 100
97%
P a ig e-D et M o t . .1 0 d 13%
P a irp on t C o r p .1 0 0
160
P a n A m P etrol
& T rans c o m . 50 d 86
C o m class B . . 5 0 d 79 %
4
P anhandle P . & R t d
58
P referred ____ 100
P a ra gon R e fg — 25 d 11
P referred -------100
80
P arish& B ingham _ t d 13
P eck St ow & W ile . 2 5 d 34
Peerless T rk& M 50 d 7 6 %
P en n C oa l& C ok e.5 0 d 44
P en n Salt M f g ..5 0 d 82
P en n S ea b ’sSteel ( t ) d
3%
P en n T r a ffic ___2 % d ____
P en n -M ex F u el. . 2 5 d 17%
102
P enn ey (J C )p ref 100
____
P ettib M u lliken 100
1st p referred . 100
95
P h e lp s -D o d g e . . 100
165
P hila Insul W ire (t ) d 48
P hillip .-J C orp (t ) d 72
P referred ____ 100
90
P h illips P e t r o l ..( t ) d 5 0 %
P ierce-A rrow M o t
C ar C orp (no par) d 1 1%
28%
P referred ____ 100
4
P ierce O il C orp 25 d
P referred ____ 100
37%
P igg W ig g C o r p .( t ) d 60
85
P re fe rre d ____ 100
P itts b B r e w i n g ..50 d
2%
P referred _____ 50 d
7
60%
P itts C oa l (P a ) .1 0 0
P referred ____ 100
98
210
P ittsb PI G la ss . 100
P itts b Steel p f.1 0 0
93%
____
P la n t(T G ) p r e f. 100
112
P lim p to n M fg C o 100
65
P o r -R ic a n A T o b 100
80
S crip___ ________
P ostu m C erea l, (t ) d 126
113
P referred ____ 100
Prairie Oil&GaslOO
226
P rairie P ip e L .1 0 0
109
P ra tt& W h it p f.1 0 0
86
P ressedSteelC ar 100
64
P referred ____ 100
90
P r o c & G a m b le . _20 d zl3 3
P referred ____ 100
160
6 % p referred . 100
107%
P rod & R e f C orp .5 0 d 4 9 %
P referred _____ 50 d 45

22%
47%
12%
134
____
51
____
103%
21
45%
1 }A
52
108
27%
10
305
____
9%
90%
68
16%
9
15
76%
2%
340
18%
87
149
1 04 %
8%
48
43
112
____
1
12
42%
1 2%
98%
14
____
86%
80
4%
60
11%
13%
36
77
46
83
3%
19
____
105
175
50
78
95%
51
12
29%
4%
3 9%
61
90
8
61
99
225
100
75
90
127
114
228
110
90
6 4%
92
134
170
108
49%
46%

Per
Pullm an C o ____ 100
P un ta A legre Sug 50
Pure Oil C o _____ 25
P referred ____ 100
8 % p referred . 100
Q uaker O a ts___ 100
P referred ____ 100
R y Steel-Spring 100
P referred ____ 100
R ainier M o tC o rp (t )
P referred ____ 100
R eece B u tton H ole M a ch in e 10
R eeceF old M a ch 10
R e is (R o b t)& C o (t )
1st p referred . 100
R em in g ton T y p e w C o m m o n ____ 100
1st p re f_____ 100
1st p f ser S ..1 0 0
2d p r e f ___.1 0 0
R e o M o t o r C a r ___
R ep log le S t e e l..(+ )
R ep u b I & Steel .100
P referred ____ 100
R ep u b R u b C o r p (t)
1st p re f___
100
R eyn old s Spring (t )
R eyn old s (R J)
T o b a c c o ______ 25
B C o m m o n ___25
P r e fe r r e d .___ 100
R o c k y M t F u el—
P r e f e r r e d . . ------R o m e Brass& C 100
R o m e M f g . — 100
R o y a l B ak P ow 100
P referred ____ 100
R o y a l D u tc h C o N Y
S a c o -L o w e llC o . 100
P referred ____ 100
S afety CarH&LlO O
St L C ot C om p - 100
St L R o c k y M t &
P a cific C o ___100
P referred ____ 100
S antaC ecilia S u g (t)
P referred ____ 100
Sapulpa R e fg ____ 5
S avage A rm s___100
Sav R iv Lum p f 100
S ava n ’h Sug c o m (t )
P referred).___ 100
S axon M o t C a r .( t )
S chulte R eta il S t (f)
Preferred w i.1 0 0
S cov ill M f g ____ 100
Sears, R oeb u ck
& C o c o m ___100
P referred ____ 100
S haff O & R , p f - 100
Sharon Steel H p .5 0
Shell T ra n sp & T r £2
Shell U n ion O il. ft)
P referred ____ 100
S hredded W heat 100
P referred ____ 100
Sinclair Cons O il(t )
P referred ____ 100
Singer M f g ____ 100
Singer M fg L t d . . £ l
Skelly O i l . ............ 10
S loss-S heff S & I.1 0 0
P referred ____ 100
S m y th M fg C o . 100
Solar R efin in g .1 0 0
S outhern P ipe L100
South Penn O il. 100
S oP ortoR icoS u g 100
P referred ____ 100
S’w est P a P L .1 0 0
Spalding (A G )& B ro
1st p re fe rr e d -100
S picer M fg C o _ .( t )
S ta fford C o p f _ . 100
S tand C o u p le r. 100
P referred .
100
S tand M in in g ..1 0 0
Preferred . . 100
S tand Oil ( C a l ) . . 25
S tand O il ( I n d ) .. 2 5
S tand O il ( K a n ) .25
S tand O il (K y )_ _ 2 5
S tand Oil (N eb ) 100
Stand O il o f N J .2 5
P referred ____ 100

X 127 %

Ask.

75%
98
230
99
111
115

d
d
d

d
d
d
d

____
15%
2
16%
80
36
100
____
80
13%
25%
47%
89%
____
6
20%

d 90
d 54%
116

2%
3%
115
100
130
99
d 43%
t 113
104
87
50
35
55
2%
7
d
3%
21%
7
d 50
102

d

d
d

54
110
153

85
110
73
10
343%
< 123%
2
91%
140
100
d 31%
9 7%
107%
d
2%
d 10%
72
230
180
106
174
39
89
70
d

Par.

104
21%
96%
90

86%
94
56
61
42
87%
215
d 39%
116%
d
d
d
d

128
46
27%
76
99
240
99%
112
118
5
25

Bid.

Ask.

S to ck s.

Par.

Par share.

share.

d 45%
d 27%

d

S to ck .

[V ol.

Stand O il o f N Y .2 5
Stand Oil (O h io) 100
P r e f e r r e d ___ 100
S tand Sanit M fglOO
P referred ____ 100
S tandard S crew . 100
P referred A . .1 0 0
Standard T e x t P rod
C o m m o n ____ 100
P referred A . .100
Preferred B ..1 0 0
S tanley W o r k s ..2 5
P referred _____ 25
Steel C o o f C a n . 100
P referred ____ 100
Steel & T u b e pf . 100
Sterling P r o d ___(t)
Stern B ros p r e f. 100
S tetson (J B ) n e w ..
Preferred n e w ___
S tew -W a r Speed (t)
S trom berg-C alrs .2 5
S trom berg C a r b .(t)
Stu debakerC orp 100
P referred ____ 100
S tutz M o to r C ar (t)
S ubm arine B o a t (f )
Superior O il____ (f)
Superior S te e l. _ 10C
First p re f____ 100
Swan & F in ch .. 1 0 0
Sweets C o o f A m . 10
Sw ift & C o ____ 100
S w iftIn te m a t . . 1 5
S winehart T & R . 100
T e m to r C orn &
F ruit P ro d A . ( t )
Class B _____ (f )
T exas C o m p a n y .25
T e x P a cC o a l& O il. 10
T exas G u lf S u lp .1 0
T extile B an k ’g -1 0 0
T id e W ater O il. 100
T im k -D e t A x le .1 0
T im ken R B e a r .(t )
T o b a c c o P r o d . .100
P referred ____ 100
Class A . ______100
T orrin gton C o . .2 5
T ra n sco n t’ l O i l .( t )
Transue & W iUiams
Steel F org . . (t )
T r o y F d y & M .2 5
P referred ____ 100
T ru m b u ll S te e l. _ 25
P re fe rre d . ..1 0 C
T ru scon S teel___1C
P referred _____ 10
U nderw T y p e w .1 0 0
P r e f e r r e d ___100
U n B & P C o r p . 100
U n C arb & C arb (t )
U nion Oil o f C al 100
U n S tY d sS o O m lO O
U nion T a n k CarlOO
P re fe rre d . .. 1 0 0
U ntd A llo y S te e l(t)
U nited C igar Stores
o f A m er c o m . 100
P referred ____ 100
U nited D r u g ___100

116.

Bid.

A*k.

Per

d 45%

4 5 % U S G la ss_____ 100
U S H o ffm a n M a 298
ch in ery
. _ (t) d 2 2 %
118
23
U S In d A lco h o l. 100
64'
64%
110
P re fe rre d . .. 1 0 0
96%
98%
160
U S P la y C a r d ___20 d 88
170
90
105
U S P rint & L ith o —
C o m m o n ____ 100
55
60
32
36
First p re f____ 100
98
99
80
81
S econd pref .1 0 0
68
70
68%
69
U S R e a lty & Im p 10 0
89
90
d 60%
62
7 % pref w 1 -.1 0 0
103
103%
d 28
57%
U S R u b b e r____ 100
29
16%
5 7%
r 62%
First p r e f .. .1 0 0
63
101
2%
1 01 %
r 96%
17
U S S m R e f& M in _ 5 0 d 35
35%
84
103
104
46
P referred _____ 50 d 4 5 %
d 6 1%
6 2 % U S S ta m p in g..1 0 0
110
135
115
36%
1 04 %
104%
U S Steel C o rp .1 0 0
d 95
103
100
P re fe rre d .
.1 0 0
119%
120
102 %
d 32
38
U S T ob a cco
_ (t ) d 63
65
d 89%
90
P referred ____ 100
112
110
d 66%
6 7 % U n iv L eaf T o b .1 0 0
116
13%
113
d 64
26
65
P r e fe r r e d ..
100
103
100
d 114 %
47%
114 % V acu u m Oil . . 25 d 4 3 %
43%
112
90%
36
113
V an ad iu m C o r p . (t)
35%
d s 22
40C.
a 2 2 % V an d alia C o a l . . 100
36
35%
d
17
9%
12
P referred ____ 100
7%
9%
d
4%
20%
60
5
V an R a a l t e ____ (t) d 5 9 %
29%
31
First p r e f . . .1 0 0
99
95
94
100
V ic to r T a lk M .1 0 0
26
24%
55
29
24
V a -C a ro C hem 100
d
2%
N o n -v o t C l B . ( t )
16%
116%
2%
1 4%
106
5
106 %
62
63
P r e fe r r e d .. .1 0 0
d 19 %
55
19% V a I ro n , C & C - 100
53
7%
35
82
130
45
P referred ____ 100
79
17
V V iv a u d o u .I n c .(t )
17%
d
143
V u lca n D e tln ’g .1 0 0
d
102
Preferred .
100
d 47%
4
43%
4 7 % W alth a m W a tch 100
3%
d 22%
22%
1 3%
116
P r e fe r r e d .. -100
14%
60
130
6 0 % W ard B ak , c o m .100 125
134
102
139
98
89
P re fe rre d .
.1 0 0
124
8%
128
W arw ick I & St .1 0 d
9%
d 10%
98
1 0 % W ashburn W ir e .100
90
d 36%
112
110%
36%
40
P referred ____ 100
30
51%
65
5 1 % W ash in gton O il. 10 d 26
104 %
2%
1 0 6 % W ash M a rket . . 5 0 d 38
7 8%
12%
11
7 9% W eber & H e ilb r .(t ) d 12
d 47
93%
93%
48 te W ells F argo & C o 100
3%
d 11
22%
40
1 1 % W e lsb ’ c h C o c o m 100
8
W est In d ia Sugar
d 31%
60
33%
40
54
F in a n ________ 100
d
1
40
3
30
P referred ____ 100
105
10
1 13 %
15
W estern E lec pf.1 0 0
113%
d 20%
110
58
2 0 % W estingA lrB r’k e .50 d 108 %
98%
62%
99
W e st’h s e E l& M f_ 5 0 d 62
115
d 17
155
First p r e f ____ 50 d 73
17%
d 1 0%
82
1 0 % W estm or’ d C o a l .50 d
140
52%
160
85%
W V a P ulp & P a p (t ) d 50
115*
120 v W h eelin g M o ld &
n
111 %
64
15
66
F d y , c o m ____ (t) d
d 63 ‘f
70
63%
11
P referred ____ 100 d
107%
k 58
37
W heel Steel C orp 100
101
k 110
104
P referred A
100
13%
80
84
123 %
93
P referred B .1 0 0
109
112
W h ite E agle Oil
150
d 33
27
34
& R e fin in g ___(t ) d 2 6 %
52
32
W h ite M o t o r ____ 50 d 5 1 %
120
195
97%
W h ite O il______ (t ) d
3%
3%
114
122
W ickw lre-S p encer
109
79%
Steel C o r p _____ 5 d 1 1%
81%
1 1%
2%
11
d 46%
46%
d 7%
7%
40
45%
5 0' "
U n ite d D y e w o o d 100
P re fe rre d ____ 100 d 45
88
39
93
W ilson & C o ___(f) d 37
80
P re fe rre d . .. 1 0 0
158
90
162
86
P re fe rre d ____ 100
U n E n g & F d y . 100
25
108
W inchester C o . 100
20
185
P referred ____ 100
65
159
160
60
First p r e f____ 100
108
U nited F ru it___100
16
28
24
S econ d p r e f. .1 0 0
177
U ntd P ap BoardlOO
1 8%
45
78
55
W o o d s M f g ____ 100 r
P referred ____ 100
41%
67
P re fe rre d ____ 100 r 80
95
U ntd R eta il Strs (t) d 6 6 %
35
25
72
U n td S h M a ch C o r2 5 d 4 9 %
4 9 % W o o d w a rd I r o n .100
70
60
26%
P referred ____ 100
P referred _____ 25 d 2 6 %
208
55
205
W o o lw ’th (F W ).1 0 0
U S B ob & S hut. 100
____
104
125%
22
P referred ____ 100
P referred ____ 100
d 34% ,
35%
97
34
100"
31
& M a ch v t C-100
103'
100
P r e fe r r e d .. .1 0 0
84
28%
29
P ref A v t C -.1 0 0
U SC astIP & F d ylO O
67
65
68
69%
P re f B v t C ..1 0 0
P re fe rre d . .. 1 0 0
9
150
8 7 % U S E n v e lo p e . .1 0 0
8%
W righ t A e r o n .- ( t ) d
60
113
116
96
Y a le & T o w n e ___25 d 58
Preferred .
100
____
100
5 6 % U S E xp ress___100
7 % Y o u n g (J S ) C o . 100
6%
____
101
P referred ____ 100
6 1 % U S F in is h in g .. 100
Y o u n g sto w n Sheet
43
P referred .1 0 0
79
d 78%
& T u b e _____ ( f )
3%
8 8 % U S F o o d P r o d . 100
4%
107
106
P referred ____ 100
225
39%
117
.
293
116

b A ssessm ent p a id , d P rice p er share, n ot per cen t. e E x 2 0 0 % stock d iv id e n d , g E x special d iv . o f $80. h E x 1 00 % s to ck d iv id e n d , k Last
Sale. » N om in a l, r C an adian p rice , a Sale p rice, f N ew s to c k , u E x cash and stock d iv id e n d . * E x s to c k d iv id e n d , w E x 5 0 % s to ck a n d
4 % cash d iv id en d s, x E x d iv id en d , y E x righ ts, z E x 66 2 -3 % stock d iv id e n d , t W ith o u t par v a lu e .

UNITED STATES AND MUNICIPAL BONDS
I n Sta te an d m u n icip al b on d s th e cu stom has alw ays been t o qu o te them “ and in te re st.”
T h a t is , th e accru ed interest m ust in all cases be a d d ed
o n . T h ere are a very few Instances w h ich form exceptions to th e rule— th a t is, w here the prices giv en are fla t price s, th e a ccru ed interest h a vin g been
ta k en in to a ccou n t in m aking th em . T hese are ind icated b y a sp ecial m a rk , thus ( / ) .
T h e figures in the colu m n “ to net” in d ica te the basis on w h ich th e securities sell o r th e interest rate w h ich th e securities is h eld to m a tu rity
w ill n et t o th e purchaser at th e present m arket p rice.
Bon d s.
U N I T E D S T A T E S — Se
2s P a n C an N o v 1 9 3 8 ..Q -F
3s P anam a C an al 1 9 6 1 .Q -M
8 S C on version s 1 9 4 6 -4 7. .Q -J
U S C tfs o f in d eb ted n ess____
Instrum entalities o f U S G o v
F ed F ’m L 4 % s ’ 3 7 .M & N
F ed F ’m L oa n 5s ’ 3 8 . M&N
F ed F ’m L ’n 5s ’ 4 1 .M & N
F ed L and B k 4 % s ’ 42 M & N
F arm L oan b on d s issued b y
F irst J t S tk L d B k , C h ic
5s 1952.................M & N
U . S . Possessions— See F ore

Bid.

To
Ask. Net.

also p a g e l6
102%
102
93
95
92
95
63.90
3%
t—
9 9 % 100 %
9 9 % 100 %
103% 104%
1 00 % 1 0 0 %
e

102% 103%
ign G o v t . p . 49"“

b Basis. /F la t price, n Nominal.




Bon ds.
ALABAM A
4 % s R enew al 1950__________
4 % s R o a d 1923-1931.......... ..
4s renewal C l C 1956___J&J
3 % s renew al J an 1 9 5 6 ._ J&J
B irm ingham —
7s June 6 1 9 3 1 ____ J & D 6
5 % s M a rch 1 1 9 2 7 . . . M&S
5s School A p r 1 1 9 5 0 . A&O
5s S ch ool 1934________ J&J
5s F u n d Sep 20 ’ 4 1 . . M & S

B id.

Ask.

To
Net.

b 4 .2 0 4 .1 5 %
b 4 .3 0 4 .2 5 %
6 4 .1 5
b 4 .1 5

4%
4%
5
4.85
4 .60
4.60
4.60

B o n d s.

Bid.

To
Net.

Ask.

J efferson C o — 5s 1949_______
4 % s J u ly 1 1931_____ J&J
4 % s H osp ita l 1963___ J&J
M o b ile — 5s S ch o o l ’ 4 3 .J & D
5s Sewer N o v 1 1 9 4 2 .M & N
5s D o c k N o v 1 1 9 4 7 .M & N
5s R efu n d in g 1949___M&S
4 % s R efu n d in g 1 9 3 7 .A & O
4 % s W a te r & Sew ’ 3 9 . J&J
M o b ile C o 5s ref 1 9 2 8 . . M&S
5s R o a d F e b 1932___F&A
53 N o v 1 1947_____ M & N
4s C H & Jail 1926 . . . J & J

4 .6 0
4 .6 0
4 .5 0
4.65
4.65
4 .65
4 .65
4 .6 0
4 .60
4 .7 0
4 .7 0
4.65
4 .6 5
•

Bid.

Bonds.
M o n tg o m e r y — 6s 192 4 . _ J&J
6s Jan 1 1951............... J&J
5s F un din g 1940______J&J
5s N o v 1 1950_______ M & N
433s W ater 1928____ A&O
4 % s Sch W W & S ew ’ 4 4J & J
M o n tg o m ’y C o — 5s ’ 3 5 . A& O
Selm a 5s 1927 op t 1 9 1 0 .M&N
Sum ter C o 5s 1950____ F&A
A R IZ O N A

4 33 sref A p r ’ 38 o p ’ 28.J& J 15
M a ricop a C o u n ty S D N o 1
5s M a rch 1933________ M a r
6s H igh w a y ’ 4 7 -’ 5 1 .J & J 1 5
P h oen ix— 433s ’ 50 o p ’ 30.J& J
6s Jan 1 1946_________ J&J
5s S chool M a rch 1933
5s Jan 1 1 9 5 4 o p t 1934.J&J
5s W W 1924-1950___J&J
P rescott— 5s 1948_______J&J
T u cson — 5s W ater 195 0 . J&J
433s W M a r 10 ’ 3 8.M & S 1 0
ARKAN SAS

F o rt Sm ith— 5s 1926___A&O
5s W W 1 9 2 3 -1 9 2 6 ..M & N
St F rancis L ev D 6s ’ 4 7 .J&J
533s 1945-1964_______ J&J
533s 1950-1969_______ J&J
5s 1949 op t 1929_____ J&J
C A L IF O R N IA

5 % s H igh w a y ’ 27-’ 3 7 .J & J 3
4 33sU nivB ldgJan 5’ 24-65J&J
4339 H igh w a y 1 9 3 6 -4 8 .J&J 3
4s H a rb Im p 1985 op ’ 5 0 . J&J
4s H igh w J u ly 3 ’ 23-’ 6 1 .J & J
A la m ed a — 4s ’ 23 to ’ 4 1 .J & D
433s M u n Im p ’ 23-’ 4 8 A & 0
B akersfield 5s 1 9 2 3 -5 2 .A & O
B erk ley 5s 1 9 4 2 -1 9 5 1 ..-J& J
5s School 1 9 2 4 -1 9 5 5 ..J & J
L os A n g— 4 % s 1923-51. J& D
4s W ann 1923 to ’ 4 5 .M & N
3 s W a ter ’ 23 to ’ 4 1 .A & O
433s Sch 1923 to ’ 4 4 . J& D
5s M u n ic 1926-’ 6 1 . ..F & A
533s H a r b lm p ’ 23-’ 61M & N
L os A ngeles C ity S D —
5W s N o v 1 9 2 3 -3 4 . . . M & N
533s N o v 1935-60___M & N
L os A n g C o 433s’ 24-’ 49 F&A
O akland— 533s ’ 23-’ 43
433s M u n Im p ’ 2 3-’ 4:
433sSch& cJune23’ 5 1 .J & D
O akland S D 4s ’ 23-’ 4 4 ._J & J
O range C o 5s 1 9 2 3 -4 5 .. M&S
Pasadena— 4s Jan ’ 24-’ 42 J&J
433s W at P l’ t ’ 23-’ 36.
R ed la n d s— 5s 1923-51J
R iv erside 5s 1 9 2 3 - 5 3 . ..J& D
R iv erside C o 5s ’ 25-’ 5 4 . M&N
Sacram en to 4s Jan ’ 24-’ 45 op t
433s Sew & D r ’ 27-’ 3 4 .J & J
S acram ’ to C o 4 % s ’ 23-4 6. J& D
S an D iego 5s W W ’ 23-’ 5 4 A & 0
5s W ater 1 934-53____ F&A
433s W h & H a r ’ 24-’ 52.J & J
San F ra n cisco 5 sg ’ 23-’ 5 5 .J & J
5s M u n ic 1 9 2 3 -1 9 6 0 ..J & J
433s W ater 1924-29
J&J
3 % s g J u ly 1 ’ 2 3-’ 4 4 ._ J & J
S an JoaquinC o 5s’ 23-’ 4 9 .J & J
San M a te o C o 5s ’ 23-’ 4 2 .J & J
Santa B arbara— 5s gold S ch
1924 to 1941_______Jan lO
CANADA

b
b
b
b

5.50
5.50
5.50
5.50

b 4.40
b 4.30
b 4.30
b 4.30

6~4.~40
b 4. 40
b 4. 40
b 4. 40
b 4. 50

b 4.35

b 4.35
b 4.40

b 4 .40
b 4.45
b 4.00
b 4 .60
6 4.50
b 4.50
b 4.50
b 4.50
b 4 .50
b 4.50
6 4.50
6 4 .4 5

— See page 49.

COLORADO

B ould er 5s Sept 1 1 9 2 6 .M &S
C olo Spgs 4s ’ 29 o p ’ 1 4 . M&S
4s R e f W ater,M a r 1 1 9 4 1 ..
D elta C o 5s ref’ 30 o p ’ 20 J& D

100
97
93
99
10033

433s W ater N o v ’ 4 8 .M & N
Las A nim as C o 433s’ 3 1 .J & J
P u eb loC o4 33 sref ’ 3 1op ’ 21J&J
P u eb lo C o S D N o 20—

100
95
96
96

C O N N E C T IC U T
*3 33s A p ril 1934_______ A&O
*4s J u ly 1936____________J&J
*5s J u ly 1 1936_________ J&J
B rid gep ort— 5s 1925-49. J& D 6 4 ."35
433s B ridge 1 9 2 3 -6 5 ..J&J 6 4.35
6 4.35
6 4.15
333s Im p ro v t 1 9 2 3 -4 1 .J&J 6 4.35
*5s C o n s tr’n ’ 24-’ 4 8 .J & D 6 4.15
6 4.20
B ristol 4 % s W ater 193£
*5s J u ly 1 1 9 2 6 -5 5 ...J & J 6 4.10
6 4.10
* 5 % s 1923-1926____
* 5 % s 1927-1951____
4s W a ter June 1933.

*4 % s P e r m lm p ’ :
H a rtford S ch ool D istricts—

49

STATE AND MUNICIPAL BONDS

F eb ., 1923.]

6 4.25
6 4.25

______

6 3.90

6 4 .%
M e r id e n (C )4 % s ’ 23 -’ 2 5 .J & J 6 4.15
M erid en (T ) 4s ’ 23-’ 3 5 .M & N 6 4.15
—

Ask.

To

Bid.

Bonds

N ew B ritain (C ) 333s’ 32.J& J
4s M u n ic B ld g 1 9 4 8 ..J&J
43£s S ch ool 1925-’ 40_F & A
434s S ch ool 1940-’ 5 2 .F & A
4 34s W ater A u g ’ 4 1 . F & A
4.65
4 33s Sch A u g ’ 23-’ 43_F & A
434s Sch A u g 1 9 2 9 .-F & A
4.70
5s P ark 1 9 2 4 -1 9 4 3 ...F & A
5
N ew H a v (C )3 3 4 s ’ 25-’ 3 5 A & 0
5
4s Sewerage 1923-’ 2 9 . A&O
4s A p r 2 1940,ta x e x t . A&O
434s P a vin g M a r 1936M&S
4.40
434s 1 9 4 3 - 1 9 5 2 ............. ..
* 4 34s P a vin g A u g ’ 37 F & A
4 .90
* 4 3 4 s M c h l5 ’ 2 7 ,’ 35M & S15
5
5s ’ 3 6 ,'3 7 ,’ 3 9 ,’ 4 0 ,’ 41 A&O
4.60
5s J u ly 1 1 9 2 4 -1 9 5 1 .-J& J
4.70
4.65 N ew H a v e n (T o w n )—
4.65
* 3 34s A ir L R R ’ 2 3-’ 29 J&J
4.65 N ew L on 3343 W at ’ 2 6 .J & J
5.15
4s M u n ic B ld g 1 9 3 3 .. A&O
4J4s Park Ju ly 1 9 4 2 ..J&J
4.80
4.80 N orw a lk (C ) 334s 1 929.J& J
4s R e f Sewer ’ 27-’ 2 8 . -J& J
*4343 Im p ro v t ’ 23 ’ 39 J&J
N orw a lk (T ) 4 % s ’ 4 2 . . J& D
N orw ich — 334s 1925
J& D
to 5.25
4s G as & E le c 1931 ..A & O
to 5.25
434s W ater M a r ’ 39 M&S
to 5.25
434s R efu n d in g 1938 A & O
P utnam (T ) 4 J4s’ 23-’ 4 6 A & 0
to 5.25 9?
4349 W ater 1 9 2 3 -2 7 ..F & A
4 34s W ater 1928&’ 30F & A
to 4.20
S tam ford (C ) 4s, 1 9 4 2 .M&N
to 4.15 %
S ta m ford (T ) 433s’ 24-’ 45.J& J
to 4.15
♦ Stratford 6s 1 9 2 3 -3 1 .M & S
4.15 T orrin g to n *5 34s ’ 3 0-’ 35J&J
to 4.15 %
*534s F un d 1 9 3 6 -4 1 ..J&J
4.45 W aterb u ry3 J 4sS ch ’ 24-32J&J
4.45
4s P ark J u ly ’ 23-’ 5 8 ..J & J
4.50
434s C ity H a ll ’ 24-’ 6 3 -J& J
4.40
*4343 W ater ’ 4 9 -’ 9 3 ..J & J
4.40 W in d sor 6s 1923-26____ J&J
to 4". 3 5
W est H a rtf’d 4 34s 1 9 4 3 .J& D
to 4.35
DELAW ARE
to 4.35 %
3s D e c 1 1927 o p t ’ 0 2 . .J & D
to 4.35 %
4343 H igh w a y 1960____ J&J
to 4.35
4343 Jan 1 1961_________ J&J
4.40 N ew C a stleC o4 34s’ 26-3 4 J & D
4s R e f D e c ’ 23 to ’ 2 4 .J& D
4.45
5343 1924-1928______ J&J
4.45
5343 1936-1944_______J&J
to 4.25 %
W U m ’g to n — 434s’ 28-’ 3 7 A & 0
4 J4 sB ld g -C on ’ 5 3 - 6 2 M & S
4.50
4s St & Sew A p r ’ 2 5 .A & O
4.40
5s (A & O ) 1947-49. A&O
4.40
D IS T . O F C O L U M B IA
to 4 .30 %
4.40 3 65s F un d cu rr 1 9 2 4 ..F & A
to 4.35
F L O R ID A
4.40 D a d e C o 5s O ct 1947-54____
4.45 D u v a l C o 534s’ 32 o p ’ 12M & N
5s A rm o ry 1944______ J&J
4.45
4.45 E verglad es D rainage D ist—
to 4.35 %
6s 1 9 2 3 -1 9 3 5 ............M&N
6s 1933 to 1941_______J&J
4.45
to 4.35 %
H a m ilton C o 5s F eb 7 ’ 4 8 ___
H ern an do C o 5s 1 9 4 4 ..J & J
to 4.50 %
J ack son v 5s M a y 15’ 24.M & N
to 4.50 %
to 4.45 %
5s Im p ro v t Jan 1 ’ 3 6 ..J & J
4 3^s F eb 1937________ F&A
t o 4.45 %
to 4.45 %
J ack son v S D N o 1 5s A p r ’ 45
K e y W est 5s 1942______ J&J
to 4.40 %
M ia m i 5s 1923-1944____ J&J
t o 4 .40
6s S ch ool 1940______ J& D
to 4.40
O range C o u n ty 5s 1944.J& J
to 4.40
P ensacola 434s ref 1941.A & O
6 % School 1 9 2 4 -5 1 ... J & J
t o 4.40 %
4.40 P olk C o 5s R o a d ’ 2 3-’ 40 J&J
St P etersburg 534s 1949.J& J
T a m p a 5s June’ 55 o p ’ 25.J&J
5s M u n Im p ’ 62 o p ’ 32J& D
F O R E IG N G O V T S
A rgen tine R e p u b lic—
101
5 -yr. 7s 1927__________F&A
98
In tern a l g 5s o f ’ 09 s f M & S
94
4s £ loa n o f 1897____ A & O
100
7 % Treas notes ’ 23 .A & O
10133
B elgian G overn m en t—
7343 ext s .f.y ly t o ’ 45 J & D
100J4
6 % n otes E x t ’l 192 5 .J & J
97
8 % E x t ’l s f b d s ’ 4 1 . .F & A
97
B oliv ia (R e p u b lic o f ) —
E x t ’l ref 8 s ’ 47 tem p M&N
97
B razil 8 % ext 1941___J& D
!| 7s C ent R y elec 1952 J& D
5 f 7 3 4 s (co ff.s e c. ’ 22)1952
3.65
3.65 B ritish— C ons233s o p ’ 23.Q -J
434s W ar L oa n ’ 25-’ 45J& D
3.65
to 4.20 % ,1 534s g F eb 1 1937____ F&A
5J4s g c o n v A u g l9 2 9 _ F & A
to 4.20 % I'
C hili (R ep u b lic) 8s 1941. F&A
to 4.20 %
E x t 8s O ct 1 1926____ A & O
to 3.90 %
E xt s f 7s 1942_____ M & N
to 4.20 %
S F 8s N o v 1 1 9 4 6 ._M & N
to 3.90 %
C hinese G overn m en t—
to 4.15 %
\
H u ku an g R y s 5s £ _J& D 15
to 4 %
5s o f 1896 £ red 1 9 3 3 .A & O
4.10
434s of ’ 98 £ red ’ 44 M & S
4.10
4s (of 1895) 1931____ J&J
to 4 %
C olom b ia (R e p u b lic o f)—
6 3 4 % go ld n otes ’ 27 A & O
to 4.15 %
C u b an 5s 1944 o p 1911.M & S
to 4.15 %
“ E x t l” g 434s ’ 49 o p .F & A
4.20
“ E x t l” g 5s 1949____ F&A
4.20
“ E x tern a l” s f 534s Jan
3.85
15 1953___________J&J15
3.85
T rea su ry 6s 1 9 2 9 .J & D 30
4.15
to 3.80 % i C zech oslov ak R e p u b lic—
E x t s f 8s ’ 22 due ’ 5 1 . A&O
D en m a rk ext g 8s ’ 4 5 A & 0 1 5
E x t 6s Jan 1 1942____ J&J
4 I
4.20 D o m in ica n R e p 53 ’ 58 F & A
C ust A d m s f 5J49 ’ 42M&S
4 I
4.20 D u tc h E Indies 6s ’ 4 7 . . J&J
, E x t s f 6s 1962 tr rets M&S
4.20
to 3.90 % i France (R e p u b lic o f ) —
5 % N a tion a l L oan n ot red
4.20
b efore Jan 1 9 3 1 ..Q -F 16
to 4.25
6 % N a tion a l lo a n o f 1920
to 4.25
734s E xtern a l 1 9 4 1 ._J& D
4.20
8 % ext g lo a n ’ 45 M & S 15
4 I

%
%

%

Ask.

Bid.

B on d s.

4.20
6 % E x t ’l 1952 Ser A A & O
4.20 H a w a ii. T e rrito ry o f —
4.20
433s S ept 15 1 9 4 9 .M & S 1 5
4.20
4s A u g 1947 o p t ’ 3 7 . . F & A
b 4.50 to 4.40 %
4.23 Italian G o v 6 % s serA ’ 25F&A
4.15
5 % In t 1 9 2 6 -1 9 4 1 .. .J& J
4.20
4 44s £ ’ 25 or>t ’ 10 F& A15
433s £ 1 9 2 5 o p t 1910 (2d
s e r i e s ) ___ 2 ____ J&J 10
4s £ ’ 54 o p t ’ 1 0 .J 3 0 & D 31
4s £ Jan ’ 31 o p t a ft’ 2 1 . J&J
N ew fou n d 633s ’ 36 J & D 3 0
N eth erl’ds int 6s 197 2 . M&S
N o rw a y 8 % ext 1 9 4 0 .A & O
6 4.00 to 3.90 %
6s E x t O ct 15 ’ 5 2 ..A & 0 1 5
4.20 P a ris-L y o n s -M e d it.— See St
4.20 P eru (R en u b lie of')—
4 .2 0
E x t s 8s June 1932 J & D
4.20 P hilinm ne Island a—
4.20

6
6
6
6
6

4.15
4.15
4.15
4.15
4.15

to
to
to
to
to

4%
4%
4%
4%
4%

6 4.00 to 3.90 %
6
6
6
6

4.60
4.40
4.35
4.35

to
to
to
to

To
Net.

96

-

6 4.70 to 4.15 %
93%
9433
$40
47%
/' 47"
m /3933

c 93

93%

c 9233
l 70
c 80%
10533
97%
109
9733

9333
72
8033
10633
97%
109 %
97%
R p a g e 35

s 98

s 98%

103
96
90
89
89

105
98
93
93
93

433 J u ly 1 & 15 1 9 5 2 .J&J

4 .2 0

4.25 %
4s P W ks & Im p 1935.Q -M
4.20
4s Im p t 1936 o p t ’ 16. F&A
4.20 %
P o rto R ic o 433s ’ 31-’ 3 4 .J & J
4.20 %
J&J
433s 1937-1940____
4.15
4s Jan 1 1944-1950 .. J & J
4.15
4s go ld 1923-1960 . J&J
4.15
4s R o a d 1927-1930
.T&.T

%

4.35
4.35
4.30
4 30
4.30

lia—
4.40 %
E x t 7s O ct 1 1 9 4 1 ...A & O 106
10633
4%
E x t g 6s F eb 151947 F&A 15 1 0 1 % 10133
4%
R io G ran d e D u S ol (State)
4%
B razil ext s f 8s O ct 1 9 4 6 ..
9333 _______
4.20 R ussian 6 Lis .Tunc 18 ’ 19 .T&.T « 9 % 8 10
4.20
4.20
s 10
6 4.00 to 3.90 %
San P a u lo (B razil) State o f —
6 4.20 to 4 .10 % < 8 % external loan 1936. J&J
96%
9733
4.20
7 s’ 46 (perj 1,000 milreis) . $105
$125
S eine, D e p o f (F ra n ce)—4.10
E x t e 7s 1942
J&.T
7633

6
6
6
6

4.50
4.25
4.25
4.25

to
to
to
to

4.20
E xt 8s 1962. _
_ _ M&N
57%
5633
4.35 Swedish 6s 1939
J & D 1 5 103% 10533
4.35 Sw itzerland— 5 % s 1929 F & A s l0 3 % 810333
4.50
118 ’ 1 1 8 %

98

4.20
5s g E x t L n R e f ’ 4 5 -Q -J a n c 5 0 %
4.20
4s erold 1954
.T&D ‘ 3333
4.25 TTrufiruav 8s ext 1946 F & A 104 %
4.25 F O R E IG N C I T I E S , & c.
B e rg e n ,N o rw a y ,8 s ’ 45 M & N 108
B erne (C ity ) S w itzerland—
9933
S f 8s 1945_________ M & N
110
4 .8 0 B ord ea u x f C it v l 6s ’ 34 M & N

52
34
10833
112

6933

100

4.80
99
106

104

101

109

106

/

73

C hristiania (N orw a y )
Sink fu n d g 8s 1 9 4 5 ..A & O 109
C op enhagen 4s o f 1901 .M & N l 81
5.10
90%
4.50
8 % s f ext ’ 46 Ser A F&A
4.45
Series B
4.40 H a va n a — 1st 6s 1939
Q-.T
2d (is
Q-.T
4.80

107
107
96
90
69
69
89

76
10933
87
9033
108
1 07 %
70
70
90

100

4.70

10133
81
2/$62%
10033

10133
82
$63 33
100%

93
9333
9133

94
94
93

8933

90%
95
82
9933

81
9933
l 56
l 96
102%

11333
102%
101

9533

102%

50%

l 93
l 81
wf78

9133
93
83%
90
99%
90
76
10833
9533
97%
8533
9333
92%
d$5033
b$5033

86%
89%

5s J u lv 1924-1939

.T&J

5
S f 8s, 1961
..J & D
9533
9333
4.85 P ragu e (G reater) C ity —
66%
4.60
733s lo a n o f 1923 1952
6533
91
4.60
92
E x t s f 8S 1947
. . A&O
91
75
5 s s f l o a n o f 1 9 0 9 -3 4.£J& D / 71
San Juan (C ity o f) P o rto R i CO—
5s R e f & Im p 1 92 4 -3 6. J&J b 4.50 %
Sao P a u lo (C it y ), B razil—
85
6 % E x t s f 1943____ M & N
8333
E x t s f 8s, 195 2 . . . M & N
96
Soissons (C it y ), France—
E x t g 6s, N o v 14 ’ 3 6 .M & N
66%
T o k y o (C ity o f) 5s o f 1912—
R e d ann s f b e g ’ 17-52M & S
71
7133
___ Z u rich (S w itzerland )—
S f g 8s O ct 15 ’ 4 5 .A & 0 15 1 1 2 % 114

___
___

CANADA

— (New York Pri

D o m in io n o f C an ad a—

5s 1926_______________A&O
5s 1931__ . ________ A&O
5s M a r 1 1937_______M & S
5s O ct 1 9 3 1 .......... .. A & O
5s M a y 1952________M&N
10133
95%
533s V iet L h N o v ’ 23M & N
10333
533s V iet L n N o v '2 4 M & N
5s D e c 1925_________ J& D
52
5 % s V iet L n D e c ’ 2 7 .J & D
___
95
533s V iet L n N o v ’ 33M & N
83
533s V iet L n N o v ’ 34M & N
83
533s V iet L n D e c ’ 3 7 .J& D
533s R enew N o v ’ 2 7 .M & N
92%
533s R en ew N o v ’ 3 2 .M & N
95
A lb e rta , P ro v o f 6s ’ 30 M & N
8333
5 % d eb M a y 1 1 9 2 5 .M&N
90%
4 3 3 % s f d eb 1924
F&A
B rit (Columbia (P ro v in ce o f)
9 9%
6s June 30 1925 .J & D 3 0
6s A p r 25 1926................. .
91'33
6s J u ly 15 1926 ..J & J 15
5s Jan 15 1948
J&J 15
109
C alg ary 5s 1933____ ..J & J
95%
5s June 15 1 9 3 5 .. . J & D 15
5s J u ly 1 1945
J&J
88
G a lt 433s A p r 1 8 ’ 31 A& O 08
94
4 33s E lP o w J ’n e5’ 31 J& D 5
93
H alifax N S 4s J u ly 1945
102%
113%
10333

$5233
$52%
86%
90'

H a m ilto n -4 s A p r 1 ’ 32 A&O
4s E le c L & £ 1941 A & O

___

533s M a y 1 1936____ M&N

5 B asis, c O n basis o f $5 t o th e £ . / F l a t p ric e . I I n L o n d o n , n N o m in a l, r D ollars p er 1,000 rubles, fla t, a Sale p rice ,
u D ollars per 1.000 lire, fla t . * D ollars per 1,000 fran cs, is D ollars p er 500 fra n cs, y P er £ 2 00.
* T a x free in C o n n e cticu t,




95%

Ask.

b 4.70 to 4.15 %
b 4.70 to 4.15 %

4 .2 0

%

%

To
Net.

101%
10033

102%
100%

100%

10033

10033

101
100

99%
99
9933
99%
9833
10033
104
10133
10533
100%
101

99%
100%
100
100

10133
105
10233
10633
101%
102

_

___

5.35
5.25
5.00
5.40
5.40
_______5.40
9 7 % 5.20
5.65
5.65
5.60
5.60
5.60
5.25
5.30
5.20
5.15
5.35
5.35
5.35

t P er 6 ,0 0 0 guild ers,
a P er £500 b o n d .

50
Bid.

B on d s.

To
Ask. |
Net.

8s

g o ld F eb 2 1930 - F& A2
fis 5 c t 1 1923
.. A & O

8 s 8 f N o v 1 1956
_M & N
4 ^ 8 M a y 1 1925 ..M & N

4s M a y 1927
4s M a y 1 1933 £

9534

M&N
M&N

3 ^ 8 R fg M a y 1939 M&N

5.20
5.25
5.25
5.25
8.30
5.30
6.25
5.30
5.35
5
5.30

M & N 15

6s
6s
8s

N o v 15 1927 ..M & N 1 5
Sept 15 1943___M & S 15
D e c 1 1926
_ . .J & D
4 ^ s M a y 1925
M&N
481941 “
____ M & N
4s M a rch 1 1926 .. .M & S
3 H s 1936
..J & J

8s

June 1 1926

.J & D

” 3M 8 July” 1 1933“

68
6s
6s

1925-1929
1930-1940
1940-1950

4 H s Jan

1

..J & J

J&J
_____ J&J
J&J

b

1955 _____ J&J

3 ^ s Jufy 1 1944-’ 4 5 _.J & J
4 ^ 8 N o v 30 1924

6e

M&N

D e c 1930 ________J& D

4s A u g 1 194 6 .
G E O R G IA
4J£s ref 1935-1945.
4s Ju ly 1 1926
.
8 U s Jan 1924-1935

.F & A 1 5

M&S

4s C T .Tan 15’ 23 ’ 32J&.T1 5
, T

o4 )£sS ch J n e l5 ’ 40 J& D 15
naUfl C ity H all 1Q39 J&.T

o3 )£ s J u ly 1 1941
J&J
5.25
n.6s O ct 20 1925-39 A&O 20
5.25
5.10
o,3L$s R efund 1925 M & N
5.25
5.10
5.20
8.30
So.h T *23 *37
T
5.20
5.20
5.20
5.20
5.20
n 4 U s Sehnnl 1923 94 .T&J
5.20
5.75 nRt. .Tns On 3 1 ^ s ’ 93-’ 94 A&O
n.lUq 1994 1996
F&A
5.85
5
5.25
oSl^S 19.31
*
M&S
o5 14 s 1941
M&S
5.50 5 .2 5 %
5.30
o4s Apr 17 ’ 93-’ 97
E& A
5.30
5.25
0_____
5.15
8.15
5.15! oV 1goC o4U D ec1 6’ 23-27.T&D 0 ____ _
5 # 1NDI AN T E R R I T O R Y (See O klah o m a)
5.50;
IO W A
5.35 R none 4 1 4 s 1923 31
M&N
5.40
5.40
5.50
5.20
8.30
5.25
8.15

10734

4 j^ 8 ’ 25, ’ 34," ’ 35, ’ 4 4 .J&J

10834

4.10
4.10
4
4.50
4.40

. . J&J
. . J&J
. . J&J

4.25
4.30
4.25
4.25
4.40
4.35 J ackson C o 5s 1 92 3 -3 0.A & O

3J^8 A p ril 1930 . . . A & O
C larke C o 5s 1923-’ 4 1._J & J

4.35
4.50

h 4 .SO to 4.35
to 4.35

Pnlasld On Ss 1932-’ 48
■Rnma 4 1 4 s 1926

J&J
.T&J

4 34s ref undlng 1 9 5 9 ..F&A
B w alnsboro 6 s ’ 25-’ 5 0 __A & 0
V ald osta 5s 1923 ’ 4 2 . ..J a n
W are C o 5s Sch ’ 25-’ 3 1 . J&J
8 s R o a d 1932-1949
J&J
* 1D A H O
8 HJ8 Im p t 1 9 4 1 ______ A&O

4.40
4.40

4H

4.35
4.70
h 4 70 tn 4 50 %
to 4.45 %
4H
4.35
4.35
4.65
5
4.55
4.65
4.60
5.15
5.15
4.35
4.30
4.25
4.50
4.50
4.35
4.25
4.95
5
5.10

4 U s C a p B ld g ’ 3 0-’ 3 9 ._J & J

B olseC ’ y S D 5 s ’ 2 5op ’ 15 M & N
S hoshone C o 5s ’ 23 t o '24J& J
IL L IN O IS

6

5.25

h 4U
C h ica go 4s 1924 t o l9 2 7 .J & J b 434
4s 1928 to 1935
J&JIb 414
4s Jan 1930 & 1931 -J& Jjb 434
4s Jan 193 7 -i93 9 ____ J&J]
4s Jan i9 2 5 -i9 4 1 .. .J & J l
So P ark 4s ’ 23 to ’ 24 J & D 'b 4.20
L in coln P ark 4s 1 9 2 3 .J&J
N o W P k 4 U s ’ 2 3-’ 27 .T&J
N o W Pk 4t| s ’ 23-’ 28 .T&J h 4 25
W C h ic P k '4s ’ 2 3-’ 27 J&J b 4.25
W C h ic P k 4s ’ 23-’ 27 J&J b 4.25

6

J& D

5s F eb 1 “1924-1925

F&A

1 9 2 5 -1 9 5 3 ... F&A

4 05 %
4.05
4 34 i
4.05 %
43dt
4.05
to 4.05 %
4.25
4.25
t o 434 %

4J4s J u ly 1 1923-’ 26 .J & J b 4.25 to
4s D e c 1 1923 ............ .J & D
4s Sept 1 9 2 3 -1 9 3 1 ...M & S b 4.25 to
4s 1923-1942
J&„ 6 4.25 to
C o o k C o — 4s 1923-’ 25 M & S
434s 1925-1940_____ A & O b 4.20 to
4s Ser K 1923-1931. .J & D b 4.20 to
4s Ser M 1923-1933. .J & E b 4.20 to
4s Forest Pres ’ 23-’ 34 A&O b 4.20 to

4 .5 0 4 .4 0 %

5 ^ W W 1923-1943

to
to
t,o
to

1

W W J a n l5 ’ 24-36.J& J15
W W J a n l5 ’ 24-3 1 .J&J 15
W W J a n l5 ’ 32-61.J& J15
4.35
4 )£ s W W 1923-1951 J&J

6

5s 1923-1929' .

.

lA & O

4.35
4.35
4.38

102

102J4
99
99
99
99
99
9934
103
103
/3 7 5
/3 7 0
100)4

J&J
A&O

4.50

85
9754

9 7 )4
9 5 )4

9554
95J4
104

106 )4

__

90
1 1 2 )4

120

101)4
103
103
1 0 2 )4

__
__
4.65
4.60
4.6Q
4.60

100

M A IN E

4.15
4 .1 5
4.15
4.15
4.15
4.10
9 7 )4
97
97
9 8 )4
9 7)4
9 7 )4
95

- - ___
% ....
%
%
%
%

_
____
...
-------

96 %
102)4
97

4.50 P ortland —
4.50
4.50
4s C Bf ’ 2 6-’ 45 t a x -e x . A&O
4s H igh S ch 1936 tax-exem
4.50 P ortla n d B ridge D istrict—
4.40
4.50 P ortfand W ater D istrict—
4.50
5s 1929 o p t 1919
4J4s 1923

4.60
4.60

100

5}4s B onus F u n d ’ 23-’ 36.J& D b
b
4s Sept 1 1923-1953. M & S b
b
4.40 4s H igh w a y 1923-1936 M&S
b
4.50 4 s S tate Pier 1933-42 __M&S b

4.40 A u b u rn — 3 )£ s l9 2 5 . ..J & J
4.40
4s 1935 & r40 ta x -e x ’p t J&J
B an gor— 4 sR e fW a te r’ 35 J&J
4s“F u n d ’ 2 3 -’ 30 tax -ex J&J
4.50
4.40 B ath 4s R e f 1941 ta x -e x .J & D
4.35 B id d eford 4s 1923-35 . M&N
4.40 G ardiner W a t D ist 4s’ 34.J& J
4.30 K en n eb ec W a te r D istrict—
3 Ms g o ld 1 9 2 5 _____ M&N
K ittery” W ater D istrict—
4.35 to 4.25 %
4.75

%

4.48
4.45

4.70
4.70
4.70
4.28
4.60
4.80

4s C onstitution al ’ 4 2 .J & J
4s P u b lic Im p t 1950 op t
1942 (old issu e )___"J&J

98
9 7)4
97 Ja
9 3)4
97
95
9 6 )4
97
91

4.50
4.50

4.75
4.20 %
MARYLAND
4.25 W ya n d otte C o u n ty —
4 40 4 )$ s A u g 15 192 3 -3 3.F & A 1 5
4J4s B ridge ’ 32 t o ’ 41 F&A
434 %
4s 1926 to 1 9 2 8 ................ ....
KENTUCKY
4.05 %
4s 1928 o p t 1923.......... ..J & J
4.20
4.05 %
tion of Kentucky passed at the Nov. IS 15 elec tion 4s Jan 1 1929__________ J&J
4.05 %
cipal orpora ions |3s 1923-1929___________ F & /
protides that all bonds of munx
4.05 %
now issued or hereafter to be iss ued sh all be tax- 4s R o a d s 1924-1930____ F&A
A\4a R o a d s 1923 to 192 8 ____
siempt.
4.05 %
b Baals. / Flat p rice, n N om in a l, o T a x exem pt; under a law ap p roved M a rch 9 1903 and w hich w ent Into e ffect A p ril 23
»fte r that d a te b y State o r m un icip a l corporation s are tax exem p t, and these sell on a b etter b asis, s Sale p rice .




4.40
4.40
4.40

4.50
4.50
4.50

to 4.40 %
b 4.50 to 4.40 %

F & A b 4 .5 0 4 .4 0 %
b 4 .5 0 4 .4 0 %

4.6C

6s
6s
6s

4.40
L O U IS IA N A
4.30
4.30
4.30
4.30 4 )£ s R e f 1923-1964
F&A
4.25
4.25
A tch a fa la y a L evee D ist—
4.30
5s R e f 1949 o p 1939 M & S
4.30 B ossier D istrict "Levee—
4.30
5s 1 9 5 4 .. ___________A & O
4.30 C a d d o D istrict L evee—
4.30
5s 1951 o p t 1941
.J & J
F ifth D istrict L evee—
5s 1950 o p t 1940____ J&J
4.40
5s 1952 op t 1 94 2 . _ .J & J
4.30
5s O ct 15 1962 o p ’ 52 A & O
5s O ct 15 1963 * A & O 15
4.40
5s 1957-1967______ A & 0 1 5
4.35
5s 1 9 5 9 -1 9 6 9 .. .
F & A 15
4.50 L a fou rch e B asin L evee—
4.35
5s Jan 1954 op t 1944 .J & J
4.30 L ake B orgn e D ist L evee—

4.50 to 4.40

4 )£s D e c ’ 29 o p ’ 19

Ts
Ask. Net.

B ell C o u n ty —
6 s C t H D e c 15 ’ 38 J & D 1 5

Orleans D istrict—
5s J u ly 1959 o p t 1929.J& J
P laqu em ine Parish E B an k—
5s Oit.y H all 1925 39 M & N b 4 .5 0 4 .4 0 %
5s O ct 1952 o p t 1 9 4 2 .A & O
4.60 P on tch artrain D istrict—
O ’ B rien C o 5s 1924-25 F&A
4.50
D 6 s 1944
. . ...M & N
Pnlk On 4 1 4 s ’ 93 ’ 39 A&O 15
4.50
4.50 R e d R iv e r A & B B D ist—
4.50
Si out Oit.v
4.35
5s 1965 Series D _____ F & A
6 s Park A u g 15’ 35-45F& A15
4.35
6 s R e f A u g 15 1940 F & A 15
6 s 1929-1931
F&A
4.40
6 s 1932-1936
FA A
4 1 4 V W W .Tan 15 ’ 30 J&.T
4.60
5s 1937-1961
F&A
4.60
T ensas B asin L evee D istrict
5s Jan 1 9 5 7 . . _______J&J
K AN SAS

4^s

5%

6

Bid.

B on d s.

4.30
5s R d & B ld g ’ 23 ’ 46 M&S b 4.75 to 4.60
4.40 L exin gton 4s 1945
F&A
4.25
4.25 L ouisville—
114
4.25
4.25
4J^s H ospital 1951 .M & S 1 0 2
103
4.25
4.25
99
4.25
97J£
98
94
4.25
4s P ark 1930 . .
.J& J
4.25
96
4s R e fg J u ly 1 1937 J&J
4.25
97
94
4.25
94
89
4.40
3 )£ s g o ld R e fg 1940. M&N
4.30
88
89
4.30
4.40
4.30
5s R e f 1933 o p t 1 9 1 3 .M&S 1 0 0
4 )£
5s R e f 1933 o p t 192 3 . M&S 1 0 0
4M
4a
4s Street 1930 o p 1915.J&J

4.20
4 .20
4.20
4.20
4 .40
4.30
4.35
4 .35

5s M u n icip 1923-1957 J&J
1923-1931
M&N
W W 1932-42 J& D
4s C ity H a ll 1923-26 J&J
6 s Oen O hlig 1931 ’ 40 .T&J
Das M TnH S tS 4 1 4 s ’ 39 .T&.l
414s
414s

4 ^ 8 Jan 1 1 9 4 0 .. . . J&J
4 ^ s Sewer 1924-’ 4 0 . .J & J
4s"W ater M a y 31 ’ 2 3 .J & J
3 ^ s Ju ly 1 ’ 31 & ’ 33 J&J
A ugusta 4J^s M a y 1 ’ 24M&N
f ) d s F lood P rot ’ 4 2 . M & N

M a con — 5s J u ly 1923___Q-J
4 ^ s O ct 1 9 2 6 ..
. . Q-J
434s W W 1923-’ 36 ..J & J

Ask.

To
Net.

4.60
4 .30
6 4.50 to 4.30 %
_ . |5.25l Peoria 4 )£ s ’ 2 3 -’ 2 4 . . J u n e 1 b 4.50 to 4 .3 0 %
15.6(l!
5.20
98
4.30
5.25
5.15
4.20
5.15
4.20
4.30
5.25 oF loy d C o 4s 1924-30 J&J
4.40
5.25 oFt W a y n e S D 4s 1923 A & O
4.30
5.20
ob____

4s J u ly 3 1930
___J&J
4s 193*2 o p t i9 0 2 _____ J&J
4J^s D e c 1 1925 . _ J& D
88 D ec 1 1925
__ .J & D
N o v 15 1930

Bid.

B onds

J
East St Louis—
5.30
5.35 Toliftt,— fU 1922-1 92*

M a n ito b a , P rov in ce o f—

68

[V ol. 116.

STATE A ^ D MUNICIPAL BONDS

b 4 .30 to 4.1C %
b 4.3(J t o 4.1( %
b 4 .30 t o 4.1C %
b
b
b
b

4 .30
4.30
4 .30
4.30

to
to
to
to

4.1C
4.1C
4.11
4.1(

%

%
%
%

1903. b o n d s Issued

F eb ., 1923.]
Bonds.
Annapolis 4 %9 W W ’ 4 2 A & 0
B a ltlm o r e Ss 1923-1946_________ M&S
53 1923-1961_________ A & O
4%a M ar 1 1923-55. _ M&S
4%s M ar 1 1 9 5 5 -___ M&S
4s W ater 1926_______ M & N
43 A ug 1 1951________ F& A
43 A nnex 1954_______ J & D
4s Parks 1955_______ M&N
43 M ar 1 1961_______ M&S
4s A ug 1 1961________ F & A
3%s J u ly 1 1930_____ J&J
33^s Im p 1940________ J&J
3%9 M a r 1945_______M&S
3%s R efunding 1952— J&J
3%a Sew ’ age Im p ’ 80A & O
3%s Jan 1 192 7 ______ J&J
C u m b e rl’d 4% W f f '41 A & O
4s W ater 1923________F & A
H agerstow n—
As w ater 1 93 8 -1 9 8 7 -.A & O
M ASSACH U SETTS
4a 1923-52 (tax exem p t) .V a r
3 ^ 3 gold N o v 1923___M & N
3143 g July 1 1935_______J&J
3 34s 1956 reg (tax e x ) . _J&J
3 3 4 3 1937 reg (tax ex)__J & J
334 W ater 1942_________ J&J
3343 g July 1944_______M&S
3a A pril 1 1929..................A&O
38 g M a y 1929..................M&N
3s M et Sewerage 1 9 3 6 ..M&S
3s g July 1 1939_________ J&J
3s g W ater Jan 1 1 9 4 1 ._J& J
A ttleb orou gh — 4s 192 4 . .J & J
3343 M arch 1935____ M&S
B everley 4s 1 9 2 3 -1 9 3 6 .. A & O
B oston—
4 34a T u n 1960 tax e x . A & O
43 Ju ly 1936___________J&J
43 A p r’ 23-’ 37 (tax-ex) A&O
4s 1923-1939 (tax-ex) .J& J
43 T u n n el & Sub '4 8 . J& D
43 Sub 195 7 ta x -e x ___A & O
43 Sub 1958 ta x -e x ___J&J
43 T u b & S u b ’ 59tax-exJ& J
S3 June 1 1923____ J& D
»3 June 1 1924____ J& D
js June 1 1932____ J& D
as June 1 1934____ J& D
S3 J u ly 1 1935______J&J
is June 1 1943____ J& D
S3 June 1 1944____ J& D
i s July 1 1945______J&J
B rock ton 4s M a y 1 9 2 7 .M&N
3343 W ater 1932____ M&N
B rookline 4s 1923_______J&J
C am b rid ge—
3 >*3 W ater M a y ’ 2 5 . M&N
33 B ridge 1941............ F&A
C heslea— 43 Park 1 9 3 6 .A & O
43 O ct 1925 ( r e g ) ... A & O
E verett— 43 Sew 1 9 2 9 ..M&S
Fall R iv er—
4s June 1 1927 ( r e g )..J & D
3343 W ater Feb 1930. F&A
Fitchburg— 4s '2 3 reg) M&N
3343 W ater 1926_____ J&J
G ard n er—
43 W ater 1 923-1934. M&N
G lou cester—
3349 W ater '2 3 to '3 1 . A & O
H am pden C o .—
5343 B ridge 1924____ J&J
H averhill— 49 1927____ J& D
H oly ok e— 49 gold 1 9 2 7 .. J&J
3343 D ec 1 9 2 3 -1 9 3 2 ..J & D
L aw rence 4s 1924_______J&J
Leom inster 4s g 1 9 2 5 ..A & O
L y n n — 43 July 1927____ J&J
43 Ju ly 1 1925 (r e g )..J & J
3 ) 4 3 A pril 1 1932____ A&O
M ald en— 4s 1924_____ M&N
3J4s W ater Ju ly 1 ’ 2 4 .J & J
M arlborough 49 J u ly '26J& J
M ed ford 4s Feb 1 9 3 0 ..F&A
5s A p r 1 1923-28 ta x e x p t .
M elro3e 4s June 1 9 2 4 ..J& D
M ethuen 43 1925______ F&A
M iddlesex C ou n ty—
43 1923 to 1924______ J& D
M ilton 334s 1923 to '3 2 F& A
N ew B edford 4s 1 9 2 6 ..A&O
4s Sewer 1923-41 (taxe x e m p t)___________ M&N
N ew b u ryp ort—
3349 W a t e r ’ 23 t o ’ 3 4 .J& D
N ew ton 43 1935________ F& A
3 3 4 3 W ater D ec 192 6 .J & D
N orth a m p ton —
3 J 4 3 g 1923 to 1926— J&J
P ittsfield —
4 343 1925-30 (ta x exem p t)
Q u in cy 3349 '2 3 to ’ 3 9 . . A&O
T a x ex e m p t_____________
S alem 43 Jan 1 '3 2-’ 54 tax-ex
S pringfield 334s 1935___J&J
3s Sewer 1930________ J& D
T a u n to n — 43 1927_____ J& D
3343 Sew er D e c 1 ’ 3 0 .J& D
W ak efield 4s ’ 23-’ 3 3 _ _ A & 0
W atertow n — 4 s ’ 23-’ 34__J& J
3J43 1924 to 1929____ J&J
W inchester 4s 1 9 2 3 -2 4 ..J & D

Bid.

Ask.

To 1
N#(.1

Ask.

To
Net.

06s

1926, 1931, 1936 _J&J

6

Bessemer 5143 1 9 2 3 -4 9 .F & A
C alhoun C o 4 343 ’ 23-’ 2 6A & 0
D etroit—
0 63 Pub S erv 1924-29. J&J
0 63 P ub Serv 1 930-51. J&J

6
6

P ub U t il’ 24-’ 29 J&J
P u b U til ’ 3 0-’ 51 J&J
Pub U til’ 26-’ 4 8 A & 0

6

100

98%
98%
98%
98%
98%
95
93
93
84
8334
89

9854
9854
9854
9814
9854
96

__
__

0 5143
0 5 J4s
0 5 34s

6
6

Bid.

B onds

5s M a y 2 1944
5s J u ly 1 1953

4.50 to 4.40 %
4.25
4.90 to 4.80 %
4.50 to 4.40 %

4%s Sept 1934

to 4.20 %
■SLJs B ridge 1926-40 M&N 6 4.50 to 4.20 %
6 100
4 1 4 3 H ospital ’ 27-’ 41 .M &N 6 4.50 to 4.20 %
6 6 )4 % to 6 %
SI4 3 DltcJi 192,4-1935 J&.T 661 4 % to 6 %

97%
97%
95
99
9834

97%

59 1923-1928
.
J& D 6
53 1929-1932
J& D 6
S3 1935, ’ 36, ’ 40, ’ 43, ’ 45,
'4 6 ’ 47 ’ 4 8 ,’ 4 9 ,’ fiO J& D
5 sS tIm p M a y 2’ 3 6 -4 1 M& N 2 6
45^3 1923 1925 . . .J & D 6
4549 1926-1935__________ 6
414.3 M a r 1923-1937 M&S 6

9 8 14
9314
99 ~
9814
98’
9734
101)4 _______
99
9814

98’
9914 —

___

95
97

53 R oad 1931 .

96%

100)4
96
166341

93 *
9134

97%

0)

4.35
4.60
4.40
4.40

4.20
4.20
4.25
4.20
4.20
4.15
4 .20
4.20

M IS S IS S IP P I

5)49 Im p t 1923-1930 ..M & S
5 ) 4 3 Im pt 1931-1946 ..M & S
5*43 A pril 1 9 2 9 - 1 9 3 4 ...A&O
4143 1923-1934
..
.J & J
4 )43 July 1 192 3 -1 93 5 .J & J
i%a J u ly 1 1936...............J & j
4.50 3 )43 R efund Jan 1 1927. J&J
4.15 3143 State 1934 o p ’ 14 J&J
4.15
4.10
4
4
5s W ater 1930 . .
F&A
4.30 Jones C o 5s 1923-’ 4 2 _ .M & N

107
100

10014
99
99
99
99
97
106

99%

99 H

96%
95 %
96
5.50
to 4.80
6 5 % to 4.80 %
6 4 .8 0 t o 4 .60 %
5 4 .40 t o 4.35 %
6 4.30 to
6 4 40 to
b 4 40 to
6 4 40 to
6 4.40 to
6 4.40 to
6 4.40 to
6 4.50 t o
6 4 .5 0 to

%
%
%

i

%
%

4.05 i
4.15 %
4.15 %

4 .3 5

4 .2 5 %
to 4.20 %
to 4.20 %

%

to 4.05
to 4 .05
to 4.10
to 4 %
to 4°l
to 4 ^

%
%

4 10
4 10
4 .1 0
4 10
4 .1 0
4.10
4.10
4.20
4.20

°Z
.
%
%
%
%
%

%
%
%

4.35
4.60

b 4.80 t o 4.70 %
5
6
5

4.75
4.75
4.75
5
4.80
4 .90
5
4.90
4.83

4.50
4.60
4.50
L incoln S D 4t£ s 1924 M«rN
4.50
6 4 .50 t o 4.30 %
6s 19.30, ’ 36, *40, ’ 46 '50
4.40
4.40
4.40
4.35
4.50
AUC* J u lv 1031
Ltr.l
4.40
5S 1948
J & D _______
4.50
5143 M a y 2 1 9 5 1 ...M & N 6 4.70 4 .6 0 %
4.70
4.70
4.70
5s D e c 1929
J& D

%
%
%
4.05 %

_J&J

6 4.40
5s R efg J u ly 2 ’ 23-’ 3 1.J & J 6 4.40
5s S chool J u ly 1 1 9 5 1 .J&J 6 4.40
414.3 .Tilly 1935
J&J 6 4.25
6 4.25
6 4.25
6 4.25
4 )43 R ef Ju ly 2 ’ 23-’ 31.J&J 6 4.25
6 4.30
49 R ef M a r 1 193 9 "..-M & S 6 4.20
43 Sew ’ age Ju ly 1 ’ 3 9 .J&J 6 4.20
4s M a rch 1 1940____ M&S 6 4.20
S’ th St Paul 5 1 4 3 ref ’ 33 J&J

98

94)4
9714 - - - - - 9714
9634
9 9)4

.

4.15

NEBRASKA

4.50 to 4.20 %
4.40 to 4.20 %

to
to
to
to
to
to
6 4.40 to
6 4.40 to
6 4.25
6 4.25 to
43 1944_____ _____ A&O 6 4.25 to
6 4.35 to
3)43 S chool Jan 1 ’ 2 9 .J&J
3 )43 W ater W ks 1 9 3 2 .J&J 6 4.35 to

9914

5.50
5.20
5.20
5.20

4.25
4.50
4.25 PhilliiM O o4.40
5a R e f D e c ’ 35 o p ’ 3 3 .J & J

5 1 4 3 1936, 1938, 1940. A feO
5s M a y 1 1923
M&N
4. UJs Feb 1 ’ 4.0 n p ’ 30 F&A
4s 1934 npt. 1924
A&O
H enn epin C o u n ty —

95%

4.80
4.73

6

96%

10214

5.25
5.23
5.25

V icksburg—
5s St Im pt 1923-’ 32 .F & A
4%a Sewer D ec 1 ’ 28 D ec
Y a z o o -M is s D elta L evee Diet
6 s 1947 o p tio n 1 9 1 7 ..J&J
59 1924-1954 . . . M & N
4 1 ^ 3 July 1949
_
J&J
4s 1952 o p tio n 1 9 2 2 ...J & J

4.40 to 4.30 %
4.35 to 4.30 %
4.30
4.40 to 4.35 %

To
Net.
4.75
4.75
4.75

M&N
J&J
M&S

4.40 to 4.35 %
4.'35
M IS S O U R I
to 4.25 %
53 M a rch 1930 1936
4.30
4.30 3 14s C ap Bldg ’ 2 4-’ 25 o p J&J
0 53 Jan 15 1 936-42. J&J 15
4.30
4.20
0 434s Pub L ib 1948 J&J15
5s W W 1939_________ J&J
0 4 !4s '3 2 . ’ 3 5-’ 42__ J&J15 6 4.30 to 4.20 %
4.30
4.20
4%s Sept 1 1930
M&S
4 )43 1942 1952
J& D
A%
0 4s A u g 15 ’ 23-’ 28 F& A 15
4 ^ 3 M a r 1 1933
M&S
4.20
43 J'uly i 1924 _
J&J
4.25
101
334s Park 1930
M&S
to 4 .4 0 %
4s W ater 1924
j& J
99%
6 4 )4
4.35
94
oFlint 4 >43 1923-39
F&A
4s J u lv 1 1924
.T&J
93
4.30
43 Sept 1 1930
M&S
9534
6 4.40 to 4.35 %
92%
53 J u lv 1941
.T&J
92
4.25
4 14s J u lv 1 1933
J& j
4 34s F lood P rotec ’ 3 3 .M&S
94
4.30
4 H 3 J u lv 1 1937
.T&J
94
4.50
43 Ju lv 1 1927
.T&J
4.40
89
49 B id s 1932
.T&J
o4143 Sept 15 1934 M & S
87
3143 Ju lv 1925
.t& j
86
Tmpt 1923-1925”
J&J 6 4 )4 % to 4.40 %
99
5)^3 O ct 1923-1933 A & O
93
6 45 4 % to 4.40 %
4.50
4a 1924__
M feS
97%
o 5 s I m p J u ly l5 ’ 23-32J&J 15 6 4 .5 0 to 4.30 %
4a 1926_____________ M &N
10614
64 50
%
„6s Js^n a 1Q24-1Q32 J&.T3 6 4 .5 0 to 4.30 %
4 1 4 3 1926, 1030 & 1935
97
o4543 Jan 3 1 9 3 0 -3 6 ..J & J 3 6 4 .3 0 to 4.25 %
St L ouis—
9 9)4 _______
4.20
4 1 4 3 1937-46
J&D
9934
4.50
9 6 )4
4.50
10134
4 t^s^W W 1924-44 '".IA..T 6 4 )4 % to 4.30 %
4s P u b lic R ldg 19 2 9
A&O
10134
4.30
43 M a y 1 1934
M&N
16134
4.30
9934
4s Sehool 1937
.T&J
4.35
4a School 1938
J&.T
9814
4.40
9314
31$s April 1 1Q26
A&O
9314
1924-1942
4.50
9 3 '
4.50 S pringfield 5a ’ 32 o p ’ 17 J & D
6s W at Im p 1923-’ 28 J& D
6s W at Tmp 1929-’ 35 J& D
4.50
9034
6s Wat. Tmp iq.36-’ 50 J& D
4.40
90
M ONTANA
4.40
89%
4.35
97%
4.50 Riit.tft 6s 1924-1936
J&.T
9334
4.35
9 9)4
• M IN N E S O T A "
4LjS 1924 o p t 1914
J&J
4.60
9734
5.50 D aniels C o 6a 1933-1942
8 4 )4
s i4 s D itch 1923-34 .T&D
5.50
97
5.25
9834
4.50
4s 1923 o p tio n 1914 .T&.l
9714
4.25
4.25
4s 1926 op tion 1916 M&S
97%
4 )4s g J u ly 1 1926
J&J
4.25
9434
4.25
9914
4s W ater & L t 1936 A&O
9734

Ask.

M erid ian— 6 s M a y ’ 24 M a y
5s D e c 1 1939________J& D

to 4.25 %
4 .4 0
to 4.70 %

102

104
98

1
b B asis.

Bid.

B onds

4.20 B attle C reek—4s C ity H all 1 927-36. F&A 6 4 .3 0
4.20
4.20
534s W W 1924-1951 M & S 6 5 %

M E X IC O
See F oreign G o v ’ ts p a ge 49.
M I C H I G A N (See fo o t not e
i% 9 Ju ly 15 1941____ J& J15
5343 O ct 15 1941____ A & 0 1 5
5349 H igh w ay 1941____ J& D
58 H igh w ay 1940_______J& D
4 )£ sH igh w a y Im p 1937 A & O
49 H igh w ay Im p 1 9 4 2 ..A & O
A nn A rb o r S ch ool D is trict—
4s Sept 1935______1 . . A & 0

51

STATE AND MUNICIPAL BONDS

R.eno— 6s 1924 o p 1909 J&.T
5.23
W ash o e C o S D 5 s’ 2 3to’ 29 M&S b 5.75 to 5.40
1

N E W H A M P S H IR E
Berlin— 4a R ef 1923-35 M A N

98
9714

314s 1924 t o 1929
D o v e r 3 LJs ’ 28-’ 31

J&J
T&D

96J4
94 %
99

4«l 1Q23-’ 4.n (tax «X) F& A
4s i q 2 5 - 1Q 42(tax-ex) T&J

98
98
99
97^
9 8 )4
9 7)4

i
S tratford 53 M a y 1 933-1954.
N EW JE R S E Y
A sbury Park— 5s 1924 J & D

4.73
4.60
4.40
4.60
4.60
4.40
4.40
4.40

4%
4 % A tla n tic C ity — 5s 1925 J& D
4%
63 1927 "
’ A&O

4.30
4 .25
4.25
4.25
4.25
4.75
4.70
4.70
4.70
4.70
4.85

4 LjS g W ater 1926

J&.T

4 LjS Jan 1 1945

J&J
101

4 .5 0 %
to 4 .35 or
to 4.35 %
?
to 4.35 q
9
to 4.35 o
4 >4s .Tan 1 193*3.”.'.’ ." ” j& J 6 4.50 to 4.35 %
4s F loating D eb t 1928 J&J 6 4.50 to 4.35 %
b 4 .7 5

/F l a t p rice, n N om in al. 0 T a x exem pt; under a law a p p roved M a y 13 1909, and w hich w en t Into e ffe ct S e p t. 1 1909. b o n d s Issued
after that date b y m unicipal corporation s are tax-exem p t and these, a cco rd in g ly , sell on a b e tte r b asis.




[V ol. 116.

STATE AND MUNICIPAL BONDS

52
B on d s.

Te
Aat. Net.

Bid.

b Basis,

to 4.10
.4.60
to 4.16
to 4.10
to 4.10
to 4.10
to 4.20
to 4.10
to 4.10

b 4.50 to

b 4.20
b 4.20
b 4.20
b 4.20

to
to
to
to

To
Net.

4.50
4.50
4.50
4.30
4.30
4.50
4.50
4.50
4.50
5
4.25 %
4.30
4.30
4.15
4.15
4.15
4.15
4.15
4.10 %
4.10
4.10
4.10
4.40
4.40
4.50
4.75

N E W M E X IC O
4 M s ref 1953 o p 1 9 3 3 ...J & J
4M s D e c 16 ’ 52 o p ’ ^ 2 ..J & D
4s Fun d 1939 o p 1 9 1 9 ..M&S
4s H igh w a y 1923-1944. .J& J b 4.35 to 4.25
A lb u q u erq u e 4 M s ’ 2 9 . .M & S b 4.90 4 .8 0 %
5s W W D e c 1962_________
B ernalillo C o 6s ’ 23 o p ’ 12J&J
5s 1931 o p 1921____________
S ocorro C o 5s’ 41 o p ’ 2 1 .A & 0

4.35
4.50
4.35

%
4*80

6

5
5.60

N EW Y O R K

to
to
to
to
to
to
to
to
to
to
to
to

4.35
4.35
4.35
4.35
4.35

4.10
4.20
4.20
4.10
4.10
4.10
4.25
4%
4%
4.15
4.05
4.40 %

to 4.15'

to
to
to
to
to
to
to
to
to
to

4.30<
4.3(1'
4.30 '
4.3 0 <
4.20<
4 .2 0 «
4.20<
4 .2 0 '
4 .2 0«
4 .2 0 '
.4 .2 0

5s M a r 1 1923-1971____ M&S
5s Jan 1 1924-1971_____ J&J
4 Ms H igh w ay 1963___M & S
4 Ms Canal 1964_________ J&J
4 M s C anal 1965________ J&J
4 j|s H igh w a y 1965____ M&S
4 M s B arge C anal 1945. .J & J
4s C anal T erm 1 9 i2 ____ J&J
4s C anal T erm Jan 1946. J&J
4s g H igh Im p M a r’ 58.M & S
4s g H igh Im p Sep ’ 5 8 .M & S
4s H igh Im p M a r I9 6 0 . M&S
4s C anal Im p July 1 9 6 0 .J&J
4s C an al Im p Jan 1961. J&J
4s C anal Im p J u ly 1 9 6 1 .J&J
4s H igh w Im p M a r ’ 61 .M & S
4s Palisade Park 1 9 6 1 ..M & S
4s C anal Jan 1962_____ J&J
4s H igh w Im p M a r ’ 6 2 . M&S
4s C anal Im p Jan 1 96 7 .'J&J
4s H igh w Im p M a r ’ 6 7 . M&S
4s Palisades P ark 1 9 6 7 .M&S
3s g Jan 1 1956_________ J&J
3s g J u ly 1 1958_________ J&J
3s g C an al Jan 1 1959___J&J
A lb a n y — 4 M s ’ 23-’ 2 8__J& D
4 M s W ater 1 9 2 3 -3 4 .M & N
4 M s O ct 1963________ A & O
4 Ms W ater 1932____ M&N
4 M s 1923-1954______ J& D
4s M u n ic& S ch ’ 2 4 -’ 63 J&J
4s P ark 1924 to ’ 3 0 . . M&N
3 M s P u b Im p ’ 2 3-’ 34 F&A
A lb a n y C o— 3 M s’ 23-25 F & A
3 M s A u g 1 1925_____ F & A
4 M s 1936-1937-1938. M&N
A llegan y C o 4 M s ’ 32-’ 36 M&S
A m sterdam 5s W at 1923-37.
A u b u ’n -4 M s D e c 6 ’ 23-31 J& D
4s W a te r M a y ’ 23-’ 25 M&N
4 M s 1925-1934_____
B in gh am ton 4s ’ 28&’ 29_F & A
4s Sew D isp ’ 2 4-’ 3 6 ._ F & A
4 Ms P ark 1923-’ 3 7 ___J&J
3 M S B rid ge 1935____ F & A
B rook ly n — d— 6s 1 9 2 4 .. J&J
4s B ridge 1926_______ J&J
3 M s g 1924 to 1 9 3 7 .. . J&J
3 M s g J u ly 10 1 9 2 5 ...J & J
3 M s gold 1936________ J&J
3s B ridge 1925______ J&J
B room e C o 5s ’ 23-’ 3 3 ..M & S
B u ffa lo— 7s 1924 & 1925 J&J
6s Parks Jan 1 1 9 2 4 ..J&J
4 M s June 15 194 4 . J & D 15
4M s June 15 1 9 6 4 .J & D 15
4 M s 1923-1968______ J& D
4 Ms F eb 1 5 ’ 6 2op ’ 32_F & A
4s June 15 1923-’ 3 0 _ .J & D
4s June 15 1960_____ J& D
3 M s P ark R e g 1 9 2 7 .. F&A
3 M s W ater 1 9 2 3 -3 5 .M & S
C oh oes 6 sR e fW a t’ 23’ 4 5 .J & J
C orn in g 5 Ms 1 9 2 3 - 6 0 ..M&S
C ortla n d C o 4 M s ’ 23-’ 51 J&J
D ela w a reC o4 .20s’ 23-’ 52 A&O
E lm ira— 4s 1935______ M & S
4 Ms W ater 1923-’ 4 5 .A & 0
4 M s A p r 1 1933-1935_____
E rie C o 4 M s ’ 23-36tax-ex J&J
Franklin C o 4 M s ’ 31-’ 40 M&S
F u lton — 3.40s’ 23 t o ’ 29 J& D
G en eva— 4s W ater ’ 2 6 .A & 0
G lens Falls— 4 M s ref sewer
A u g 31 1 9 2 3 - 1 9 2 8 ...F & A
G ro to n 6s W at ’ 2 3-’ 5 0 .M & N
H averstraw 4.12s’ 23-’ 37M & S
H em pstead (T )4 s g 1923J&J
H em p stead U n F S D N o . l —
5M s 1924-1929_______J&J
6s 1 9 2 5 -1 9 3 0 ........... ..
6s 1931-1954________
H erkim er— 4 M s ’ 2 3 -’ 27M & N
H ud son—

.4 .3 0
.4 .3 0
.4 .3 0
.4.30!
.4.30!
. 4.30
.4 .3 0 Ith a ca 4.30s ’ 27 op v a r.J & J
4 M s R e f W a ter 1 9 4 2 ..J&J
Jam est’ n 4s M a r 20 ’ 4 3 . A & O

d N ow part o f New Y ork C ity .




Atk.

1o o o

P erth A m b o y 4 M s A p r 1944.
4 Ms S ch ool 1938_________
4 Ms F un din g ’ 23-’ 2 7 . A & O
4.20 P lain field— 4s’ 23 to ’ 3 4 . J& D
4s S chool 1959_____ M & N
R am sey 5s W ater 1923-’ 4 0 .
R id g efield 5s J u ly ’ 23-’ 31J&J
R id g ew ood 5s 1923-’ 2 6 .F & A
R iverside 5s 1925-’ 3 2 . . A & 0
Sea Isle C ity 5s 1 9 4 3 . . . F&A
So O range— 4s ’ 23 to ’ 4 4 .J&J
Sum m it 4 M s Sch 1941 .F & A
to 4,25>%
4s 1933_______
M&N
T ren ton 4 M s M a y ’ 2 1 . M&N
5 M s O ct 1923-51____ A & O
4 Ms W ater 1943____ A& O
4 .1 5 %
4s C ity H all 1939____ J& D
4.15%
3M s S ch N o v 1 1929 M & N
to 4.60
U nion C o 4 M s 1937___M & S
to 4.60
4 M s 1942____________ M & S
to 4.60
4s O ct 1 1942________ A & O
5 M s June 1 1926____ J& D
V ailsbu rg— See N ew ark.
W eehaw ken 4M s ’ 23-2 8 .J& D
W estfield —
5s June 15 ’ 23-’ 6 0 ___J & D
to 4.10
W est N ew Y o r k 5s ’ 3 6 . M&S
to 4.10
W ild w o o d 4 M s ’ 24-’ 5 7 .F & A

to
to
to
to
b 4.40 to

4 M s R o a d 1923______ J&J
4 M s M a y 1 1950____ M&N
4s g P ark 1959 & ’ 5 4 . M&N
4s g o ld R e f 1935____ F & A
6s R o a d J u ly 15 ’ 2 5 . J&J 15
Irv in gton 5s S ch ool ’ 6 3 .J & D
JerseyC lty— 6s 1926 — J& D
5 M s Sch 1 9 4 2 -1 9 5 3 ..A & O
5 M s D e c 1 1931-1933 J& D
5s g old assess 1 9 2 4 ..M&N
4 Ms S chool 192 3 -5 8.J& D
4M s R efu n d in g 1928.J& J
4 Ms S chool 1945-------- J&J
4M s W ater 1961------ A & O
4 M 3 P ark M a r 1961. M&S
4s W ater 1932_______A & O
4s R efunding 1949___F & A
K ea rn y 4M s 1936_____ F & A
4 Ms A pril 1962-------- A&O
4 Ms Sch Im p ’ 23-’ 5 2 . J& D
L od i— 5s 1924-1947____ J&J
L on g B ra n ch 5s 1 9 4 3 .-M & N
4s June 1 1935______ J& D
L yn dhurst 5s 1 92 3 -1 95 7 .J&J
6s Im p 1926__________ J& D
M ercer C o — 4 Ms 1 9 3 3 ..J & J
4s R o a d 1933________ J& D
3 M s A p ril 1941_____ A&O
6s R o a d & B d g e ’ 23-’ 34F & A
M id d lesex C o 4 M s’ 24-’ 34J&J
6s R o a d 1 9 2 3 -1 9 3 1 ..J & D
4 M s F u n d J u ly 1923-1939.
4MS Im p 1923-’ 3 2 ___A&O
3 M s B ridge ’ 24 to ’ 3 1 .J & J
M o n m ou th C o 6s 1 9 2 6 .M&SJ
M on tcla ir 4 M s Sch ’ 4 1 .A & O
4M s H Sch B ld g ’ 4 4 . J& D
3M s S chool 1932_____ J&J
M orris C o— 4s ’ 35 o p ’ 05 J&J
4 M s 1942 op t 1 9 2 2 .._J&J
M orristow n 4 M s ’ 23-42 J& D
N ew ark— 4 Ms 1944— F&A b 4.35
5 M s O ct 15’ 2 3to’ 5 9 A & 0 15 6 4.40
5s 1923-1958__________J&J 6 4.40
4 Ms D o c k 1959_____ F&A b 4.30
4 M s A p r 15 ’ 23-’ 6 1A & 0 15 b 4.30
4 M s Sch D e c 1 ’ 4 5 ___J&D b 4.30
4s R efu n d in g 1923— M&S b 4.75
4s Sch H ouse 1959 op 1949 b 4.25
4s PasV alSew ’ 6 1op ’ 51J&D b 4.25
3 M s 1929_____________ J& D b 4.30
3J^s T ra ck E lev '5 4 .F & A b 4.25
V ailsbu rg 4 Ms 1 9 3 4 ..J&J b 4.70
N ew B runsw ick—
4 M s A u g 1 1 9 2 3 -5 7 ..F & A 6 4.25
N orth B ergen 5s 1 9 4 1 ..J & D
6s S ch ool 1 9 2 3 - 2 9 ...M & S
6s S ch ool 1 9 3 0 - 5 8 ...M & S
N o Plain field 5s 1923-1954
N u tley 5s 1 9 3 3 .._______J& D
O cean C ity — 5s 1944___F&A
O ran ge— 5s 1924 to ’ 3 2 .J&J b 4.40
5s W ater 1938_______F&A b 4.40
4 M s S ch ool 1943____ J& D b 4.40
4s Sch H ou se 1934___J& D b 4.40
Passaic 4 M s 1923-’ 4 0 ..M & S 6 4.35
5 M s G en Im p ’ 2 3 -2 8 .J& D b 4.3 5
5 M s G en Im p ’ 2 9 -4 4 .J& D b 4.35
5 M s G en Im p ’ 4 5 -5 1 .J & D b 4.35
5s Im p ’ 23-’ 4 8 _______M&N b 4.35
4 M s R e f 1944_______M&N b 4.35
Passaic C o— 4s ’ 23-’ 2 4 . . J&J
Paterson—
6s 1925 & 1926.......... M & N
5M s 1923-1926.......... M & N
5 M s 1927-1934.......... M & N
5M s 1935-1959.......... M & N
4 M s 1933 t o 1 9 4 4 ...M & N
4 M s F eb 1 1945____ F&A
4s N C H all ’ 23 t o ’ 3 2 .J&J

Bid.

1 CO CD CD

1 i

|
OOO
■> •»
* *

B elleville 5s ’ 24-’ 34-’ 44 M & N b
4 Ms F unding 1945------------ b
B elleville S D 5s ’ 27-44 M & N b 5%
B ergen C o 5 M S ’ 3 1-’ 3 4 .J & D
5M s D e c 1 1935-’ 4 2 .J & D
5s D e c 1944__________ J& D
5s D e c 15 1923-1955J&D15
4 M s 1923-1939______ A&O
4 M s A u g 1 923-1938 .F & A
4s C ourt H se ’ 23-’ 3 8 -A & 0
B loom field 5s 1923____ M&N
C am d en—
5M s A u g 1 ’ 23-’ 61---- F & A b 4.50
4 Ms S ch ool 1943____ A&O
4 Ms W a t e r ’ 23 t o ’ 60 M&N
4s P a vin g 1929-------- M&N
C am d en C o 4 M s 1 9 3 3 .F & A b 4.30
4s 1944________________ J&J b 4.30
C ap e M a y — 5s 1934 — J& D b 4.75
4 M s S cn ool 1 9 2 3 -5 1 .M&S b 4.75
4M s 1923-1952_______ M&S b 4.75
E ast Orange 4 M s ’ 25-45 F & A
5s Sewer 1 924-1960. .J & J
4s 1934_______________ A&O
4s W a ter 193 3 _______ J& D
3 M s W ater 1933____ A & O
E liza beth — 4 Ms 1955— J&J b 4.25
5M s D e c 1 1923-’ 4 6 .-J & D b 4.25
6s June 1 1927---------- J& D b 4.25
E n glew ood — 4s Sep ’ 35 M & S
E ssex C o 4 M s R o a d ’ 53 F & A 6 4.30
4 M s L ’ d P urch ’ 24-’ 46 J&J b 4.30
4 M s H ospita l ’ 23-’ 4 9 .F & A b 4.30
4 M s R o a d ’ 32-’ 3 6 — F & A b 4.30
4s 192 6 _________
F & A b 4.50
4s H ospita l 1946------ F&A b 4.30
3.65s P ark ’ 24 to ’ 3 5 . F&A b 4.30
E ssex Fells (B oro) 5s July
28 1923-1960............ ..
F airview — 5s 1944-----G loucester C o 4 M s ’ 23-’ 26 var
H a cken sa ck— 4 Ms 1942 F & A
H arrison— 4s 1 9 3 0 ,------ J&J
H ob ok en — 4 M s 1940— J&J b 4.40
3 M s 1931____________ M & N b 4.40
5s School 1924-1954. .J & J b 4.40
6s Sewer June 1 '2 6 . J& D b 4.40

B on d s.

/F l a t price,

n Nom inal.

to 3.85
to 3.85
115
114
115
114
108M 110
10SM 110
105M 107M
100M 103
100M 103
103M 104M
104M 105M
104M 105M
104 M 105M
104 M 105M
104M 105 M
104 M 105M
104M 105M
104M 105M
104M 105M
104M 105M
104M 105M
104M 105M
95
99
95
99
95
99
4%
4%

3.95
3.95
3.90
3.90
3.85

3.85 to 3.80 %
3.90
3.85
3.90,
3.90
3.90
4
4
4
3.95
4
3.95
3.90
3.95
3.85
4.10
...........
4.10
4.00
4.00

b

4.10
4.10

B on d s
N E W Y O R K ( Concluded)
J am estow n S D 5s 1925-29.
5S 1930-1939_________ J& D
J oh n stow n 4 Ms D e c 1923-37
d K ings C o 4s M a y 1 1923-44
K in g sto n 3 M s g ’ 23-’ 3 6 . A& O
4 M s 1923-1925............ A&O
L o n g Isla n d C ity — d
4M s 1923____________ M & S
M a d iso n C o 4 M s’ 24-’ 29F eb1
M a m a ro n e ck U n F S D N o 1
5 M s M a y 1 ’ 23-’ 2 8 ..M & N
. 5 M s M a y 1 ’ 2 9-’ 52__M & N
M id d le p o rt 4.35s’ 23-’ 42.J& D
4.35s Sewer ’ 23-’ 3 9 ___J& D
M id d le to w n 3M s 1 9 3 1 .F&A
M t V ern on 4 M s ’ 3 1-’4 3 .A & 0
6s M a rch 1924_______M&S
5 M s 1923-1924............ A&O
5 M s 1925-1934............ A&O
5M s 1935-1941______ A&O
4 M s 1923 re fu n d in g .F & A
4 M s W ater 1942_____ J&J
4 M s S ch ool 1 9 6 2 -7 3 .M&N
4s Sewerage 1 950-55. M&N
5s Jan 2 1 9 2 4 -1 9 2 8 ..J & J 2
5s Jan 2 1938_______J&J 2
N assau C o — 4 M s’ 23-’ 2 9 . J&J
5s A u g 1 1928_____________
5s 1931-1939________ M & N
4 M s R e f 1 9 2 3 -1 9 2 8 ..M & S
4 Ms 1938-1943_______J& D
3 M s C ou rt H ou se’ 3 0 .M & S
N ew burgh 4 Ms ’ 2 4-’ 34_F & A
N ew R och elle—
5s 1926-1929________ M&N
5s 1930-1950________ M&N
4 M s M u n I m p ’ 2 3 -3 5 .M&N
4s 1923-1930________ M&N
3 M s 1923 to 1933____ J& D
N ew Y o r k C ity —
4 M s June 1965_______J & D
4 M s June 1 9 2 3 - 3 0 ...J & D
4 M s 1963____________ M&S
4 Ms (old) M a y 1957. M&N
4M s (new ) N o v ’ 5 7 .M & N
4 M s C o rp stock 1 9 6 7 .J&J
4 Ms C o rp s to ck ’ 23-’ 32J&J
4 M s C o rp stk 1971.J& D 15
4 M s 1960 o p t 1 9 3 0 .. . M&S
4 M s 1 96 0 ____________M & S
4 M s M a r 1 1962____ M&S
4 M s M a r 1 1964____ M&S
4 Ms A p ril 1 1966____ A & O
4 M s A p r 15 1 9 7 2 ..A & 0 1 5
4s V ariou s 1936____ M & N
4s N o v 1955________ M & N
4s V arious 1956____ M & N
4s V ariou s M a y ’ 5 7 . M&N
4s N o v 1958________ M & N
4s M a y 1959________ M&N
3 M s B k ly n M Sew ’ 2 7 .J & J
3 M s D ’k 1927 E x ___M & N
3 M s g E xem p t 1941 .M & N
3 Ms E xem p t 1 9 4 2 ..M & N
3 Ms R T 1 9 4 8 -1 9 5 0 .M & N
3 M s g E xem p t 1 9 5 2 .M & N
3 M s g E xem p t 1 95 3 .M & N
3 M s g E xem p t 195 4 . M&N
3 M s g W a te r E x ’ 5 4 .M & N
3 M s E xem p t 1 9 5 5 ..M & N
3 M s S tk A pril 1 ’ 5 4 . .A & O
3 M s N o v 1 1929____ M & N
3s g D o c k 1924 E x . _M & N
3s g R T 1950 E x e m .M & N
N iagF alls— 5 Ms ’ 41-48 M&N
4 .1 0 % Sewer 1935-40.J& J
4 M s S chool 192 4 -2 6. F&A
4 M s W a t M a y l ’ 41-48M & N
4 M s R e p a v ’ 29-33reg M&N
4 M s Sew ’ 3 9-’ 46 re g .M & N
3 M s 1942-1945______M&N
N o rth T on a w a n d a 4s’ 2 4A & 0
4M s 1923-1925______ J& D
O neida C o 3 M s ’ 24-’ 2 8 .F & A
O n ond aga C o 3s’ 23-’ 2 9.J & J
5M s 1923-1930.......... M & N
4 M s 1923-1926_______ J&J
4s M a rch 1 1929____ M&S
O range C o 3M s 1 9 2 4 .. Feb 1
Ossining 4 Ms 1 9 2 3 -4 2 .M & S
Oswego— 4 M s 1 923-29. M&N
5 M s Sch 1 9 2 3 -1 9 4 6 ..M & N
P enn Y a n 4.35s ’ 23 t o ’ 3 1 0 c t
P oughkeepsie—
3 M s 1923 t o 1 9 3 0 - .- M & S
4 Ms W a te r 1 9 2 3 -5 2 ..J & D
P utnam C o 4 M s ’ 23-’ 2 9.F & A
Queens C o u n ty 4s 1 9 2 7 .J& D
R och ester— 5s 1 923-26. F&A
5s 1927-1931 ( c o u p ) . . F&A
5s 1932-1951 ( c o u p ) . . F&A
4 M s Jan 15 1933_____ J&J
4 Ms M u n icip al 194 5 . M&S

3.85
3.85
3.85
3.90
3.90
3.80
3.90
3.85
4.25
4.20
4
4
3.95
3.95
3 M s Imp July 1 1 9 2 4 .J&J
3.95
3 M s R ef 1933 o p t ’ I f " "
3.90 Rockland Co— 4s’ 23-34
4.05
4
4

Bid.

........... 4
........... 3
...........3
--------......
........... 4
...........4
...........4
______ 4
______3
...........
...........4
______4
______ 3
______3
______ 4
______ 4
........... 3
: : : : : : ______ 3
........... 3
........... 3
......
...........
........... 4
______ 4
______ 3
107M
6 4.2 0
107
106M
106M
107 M
107M
107M
100M
102M
102M
102M
102M
102M
98M
99 M
99 M
99 M
99 M
99 M
b 4.25
b 4.25
b 4.20
b 4.20
b 4.20
90M
90 M
90M
90M
90
90
b 4.25
b 4.25
b 4.25

______ 3
. . 3
______ 4
........... 4
______ 4

b 4.20
b 4.15
b 4.10
b 4.10
b 4.10
b 4.10
b 4.10
b 4.10
b 4.10
b 4.10
b 4.25
b 4.10

4

______ 3
______ 3
______ 4
______ 4
to 3.95 o
to 3.90?
to 3.90 ?
to 3.90 ?
to 3.85
to 3.85 ?
to 3.85 ?
to 3 .8 5?
to 3.90 o
to 3.85 i
to 4%
to 3.90 ?

........... 4
........... 4
........... 4
______ 4
______ 4

4.25
4.20
4.20
3.10

3.90
3.90

107M
4 .0 5 %
107M
107M
107M
107 M
107M
107M
101M
102M
102M
102M
102 M
102M
99 M
99 M
99M
100
100
100
4 .1 0 %
4 .1 0 %
4 .0 5 %
to 4 .0 5 ^
to 4.05 ?
91M
90M
91M
91M
91M
91M
4 .1 0 %
4 .1 0 %
4 .1 0 %
______ 4
______ 3
______ 3
______ 4
______ 4
______ 3
______ 4
______ 4
............3
______ 3
______ 4

4
4.35
4M Saratoga Springs—
4

4.10
4.10:

Aik. /

.

........... 3
........... 3
............3
........... 4
______ 3
............3
...........

STATE AND MUNICIPAL BONDS

F eb ., 1923.]

To
Bid.

Bonds.

Ask.

Syracuse 4 Vis 1923-35 V ar
5s M a y 15 1923-1938
5 V£s 1923-1960
MAS
3Vis W ater 1928
T io g a C o 5s 1923-30

J&J
M&S

5s W ater 1923-1950
5 Vis W a ter 1923-50

j& J
J&J

T r o y — 4 Vis 1923-1925" j& D
6s 1926M 940 reg
A&O
4 j^ s S ch ool 1923^-31 F & A
4 j f s F eb 15 1923-1957
4s "Water 1923-1925 J& D
4s Sept 1 1926
3 Vis W ater 1923-36 .T&J
U tica — 4 Vis 1923-35
M&N
3 Vis N o v 1 1923 to ’ 35 N ov
4Vis 1923-1942

O ct

5s 1923-1925
J&J
5s 1926-1945
J&J
4s M a y 1 1938
M&N
3 Vis Sewer ’ 23 to ’ 27 M&N
W e stch ’rCo.3 U s ’ 27 & ’ 2 8 J & T
O
5 Vis 1923-25 reg
J&J)
5 Vis 1926-32 rev
J& D
5s 1939-76
J& D
4 \ { s f ! n R id e 1 9 2 7 -4 -4 A & O
4s C o B ldg 1923-59 M&S
4s 1930 to 1935
F& A

W h ite P l a i n s —4 s ’ 9 3 ’ 2 8 F & A
5V<fq Sch 1 93 1 1 9 3 6
A & O 6 4 .2 5
W o lco tt 4 VisJly 15 ’ 23-42 J&J
5Vis
5Vis
4 Vis
4 Vis

6 4 .2 5
64.2 5
6 4 .2 0
6 4 .1 0
6 4 .1 0
6 4 .2 5
6 4 .2 0
A&O 6 4 .2 0

Jan 1924-1926 .A & O
Jan 1927-1961 A & O
Ju ly 1 1925-62 A&O
M a r 1 ’ 27-’ 56 A&O

5s A p ril 1 1923-27
5s 1923-1938.
NORTH

to
to
to
to
to
to
to
to
to

Bid.

Bonds.

N e t.

3.90 B utler C o 414s 1924___J&J
3.95
*4 V isF l-E m er’ 23-’ 3 1 M&N b 4.70
4.05
3.90
4s 1923 ..................... J&J
3.90
4.05
*5s Sewer 1931-37
M&S
4.25
6 4.45
4.35
*5149 F un d 1923-37 J& D 6 4.50
4.40
*6s W a te r 1944-1959 A & O 6 4.55
4.40
4 Vis W a t e r -W k s ’ 30 M & S 6 4.40
4
4 s "1926 & 1 92 7 .
F & A b 4 40
4.20 •C anton S D 5s 1954 A & 0 8 b 4.60
4
*5s D e c 10 ’ 2 3-’ 26 J& D 10 b 4.70
4.05
•4.40s 1956
b 4.50
4
4
3.90
3.95
* 5 % s I m p F e b ’ 4 6 , ’ 51 F&A
3.90
*5V|s M a r 10 ’ 31 M & S 10
3.90
*5s J u ly 1 1965
J&J
*4 Vis J u ly 1943
J&J
4.15
*4 Vis Sewer 1955
A&O
3.90
*4 Vis Sew Sep 3 ’ 37 M & S 3
4
3 .65s g F eb 1937
F&A
4
3 Vis W a te r ’ 45 o p ’ 25 F&A
3.90
3.95 C in e S D *4 Vis 1934 A & 0 1 3
4.20
4s 1936 op t 1906
M&S
4.30
3Vis 1940 op t 1912 A & O
3.90 C levelan d *5 Vis 1940-70 J& D
4.10
6s 1932-1933
J& D
4.10
* 5 Vis P ub H all 1970 J& D
4.05
*5s W W 1936-1968 J& D
4.05
4.05
3.90
*4Vis F ire d e p ’ 23-’ 55 A&O
3.85
3.85
3.90
4s’P ark 1929-1931
A&O
4
4.10 %
3.95
4s 1923
'
A&O
4.30
4%
*6s 1923-1940
J& D
4%
C lev elan d H eigh ts S D —
4%
*6s 1 9 2 6 -1 9 5 9 -- A & O b 4.70
3.90 %
C olu m b u s *6s ’ 4 9-’ 57 M&S
3.90 %
5s St Im p t 1925-1932 M&S
4%
4.10 %
4.10 %
3 Vis 1932 o p t i§ 1 2 ..J & J

C A R O L IN A

4.50
3 Vis M a rch 1 1923 M&S
4.40
J&.T
*5s 1943-1952
J& D 19
J&J 6 4.40 to 4M %
4.30
*5s B ridge 1923-27 A & O
4.30
*5s R e f 1923-1939
A&O
5.25
4s R ef 1923 to 1926 A & O
4.60
4s 1923-1941
A&O
4.60
5s S chool 1943. . .
J&J
4.75
5 j< s 1 9 2 3 -1 9 5 7 ... . J&J
4.80
5 Vis Street 1924 36 .F & A
*5 Vis W W Im p 1944 J& D
4.75
B u n com b e C o 5s ’ 23-’ 4 6 . J& D
4.65
4149 F unding 1939. M&S
4.90
6 s B ridge 1 9 2 8 -3 7 ...A & O
* 4 Vis B d ge 1 9 3 3 -3 9 -A & 0
4.70 D a y to n S D 5 V is’ 4 1-’ 61M&S3
C h a rlotte-5 sS t& S ew ’ 29 J&J
%
5s S chool 1924-46 ____ F&A 6 4.70 to
*5s M a r 16 ’ 23-’ 46 M&S16
4.75
5% 9 Fun d 1924-29
F&A
4.75
5149 1923-1930
M&N
4.65
5149 1931-1948
M&N
4.55
5s W W 1929-1946
J&J
4.55 • F in d layC ityS D S s’ 23-27 J & J
4 14s W ater O ct 1 '41 A & O
4.55
4.50
D u r h a m -4 14 sSe w& L t ’ 41 J&J
*5s W W im p ’ 23 ’ 40 M&S
4.50
4Viv Fun d 1923 to 1940
4.65
5s W ater 1924 to 1945. J&J
*5s FI E m erg ’ 23 ,-’ 29 M&S
4.65
4.65
s R d M a y 2 ’ 2 7 ’ 31 M&N2
4.70
4.65
5s A u g 1 1942 W
F&A
4Vis O ct 1 1939
A&O
4.50
5
G reenville 5s W W '5 8 F& A
5
4.70
Iredell C o 5s A u g 1 ’ 4 2 . F & A
*4 Vis O c t '1945 . - -A & O
4.85
Lee C o 5s R o a d 1 9 5 2 . M&N
4.80
4.85
5s B ridge 1937-1951. F&A

A sk.

to 4.50 %
4
4.20
4
4
4
4

4.35

6

4.80
4.85
4.75
4,80
4.65
4.60
4 60
4.75
4:90
4.90
5.10
4.60

6 s R e f N o v 1950 . .M & N
P itt C o 5s 1923-36
M&N
4Vis 1943-1947_____ M & S

R aleigh 5s 1927
.A & O
6 s M u n ic B ld g 1939
J&J
5s Im p t J u n e “l 1944 J& D
R u th erford C o 5s ’ 23-’ 52 J&J
Salisbury 6 s I m p ’ 23-’ 35 J&J
6 s 1924-1941________M&N
Surrey C o 6 s M a v 1933-1958
W ak e"C o 5s Fund ’ 48
J&J
W e ld o n 6 s Jan 1924-1942___
W ilm in g ton —
5s R e f & im pt 1955 .A & O
4% S 1923-1962____
A&O

DAKOTA

G ran d F orks 5s M a y ’ 24-’ 38 6 6 %
W ard C o 4 Vis Ju ly 1925.J&J

to

O H I O (S ee fo o t-n o te *)
<i*is 1923-1932_________ A&O

•Akron 6 s 1 9 2 3 -1 9 4 0 ... A & O
•5s 1924 & 1928_____ V a r .
*5s W ater 192 3 -1 95 3 .A A O
*5Vis W W 1924____ M & S
•5 149 1 9 2 4 -1 9 2 9 ... .J & J
•5'Vis 1930-1937______ J&J
•5'Vis 1938-1951______ J&J
4V/s 1 924-1947. . .A & O
*4V£W W Dec31’ 23-37J-D 31
4s W W 1942________A&O
A lliance 4Vis 1 9 2 7 -3 2 ..J & D
A shland C o — *5s B rid ge—
O ct 1 1923__________ A & O

4

6

4 .2 0 %
4 .2 5 %
4 .2 0 %
4 .2 0 %
4 .2 0 %
4 .2 0 %
4 .4 5 %

4.

6 4.50 to
6 4.50 to

6 4.25 to
6 4.50 t o

5Vis 1925-1949

5s R o a d

___ J&J

1 9 2 3 -1 9 2 * 9

M&N

5 L 4 s Auer 1 9 2 8

F&A

5q H a r h

D e v 1 9 2 3 -5 0 M & N
4 1,4a r in e le 1 9 4 3
M&N
4 i £ s O r t 1 9 9 .3 -4 7
A&O

3 Vis 1931 o p t 1911

F&A

to 4.30 %
4.50
4.50
4.40
4.40
to 4 Vi %
4.40
4.40
4.90
5.23
4.90
4.90
4.80
4.50
4.50
4.50
4.50
4.60
4.60
4.60
5
5
4.70
4.70
4.70

5

b 4 .70 4 .6 0 %

,

to 4,30 %
to 4.30 %
%
%
to 4.15 %
to 4.15 %
to 4.15 %
5V£
5.25
5.25
4.90
4.90
5
5
4.90
4.50
4.60
%
tC 4 .40 %

4 .4 5
4 40

to 4.25 %
4 40 to 4.25 %
4.35 to 4.20
5.95
5.95

4.30 5s J u ly 1 1951 Series C J&J
4
s J u ly 1994
1929, 1934,

414

'l 9 3 9

1944,

1949

4
4
3 Vis 1923 to 1931
4

b 4 .70 4 .6 0 %
4

4.50
4.50
4.50
4.40
4.40

3l^ a

19.39 o p t. 1 9 2 2

4s R e f 1

936npt. 1 91 6

.T&J

116

b

4%

b 4 15
b 4 15
A & O b 4.15
b 4 15
b 4.15
b 4.15
M & N h 4 15
9 8 Vi
9 8 Vi

.T&J

.
98 Vi

118

___

to 3.90 %
%

to
to
to
to
to

4.05 %
4 .05 %
4.05
4.05
4.05 %

100
l 66
100
100

4

4.60
4

4.50

b 4 .60 to 4 Vi %

’ 3 0 , ’ 3 5 , ’ 4 0 , ’ 4 5 , ’ 50 J& D b 4.30 to 4.20 %
b 4 20 to 4.10 %
4s 1923 to 1935
M&N 6 4.20 to 4.10 °i
4.05

4.60 r ip e s t e r

3 1,4 s' “ l 9 9 9

.T&J

4
4 l^ s 1930 35 40
.T&J
4.60
4.40 n h e s t e r S F) 4 V<s ’ 3 2 - ’ 3 7 - ’ 4 2
4

4
4.50 Ri-je,___ 3,£s S e h 1 9 2 5 3 9 A & O
4 U s R e f 1 9 3 4 n p ’ 24
J&.T
4.50
4
F r i e S TJ 4 s 1 9 9 3 3 8
F&A
4 t { s 1993 1937
A&O
* 5 Vis W atS u p ’ 23-’ 30M&S b 4.60 to 4.50 %
J&J

4

4.90
5

4

* 5 s W W R e f ’ 23 ’ 27 M & S
* 6 s F d S e p l5 ’ 23-28M & S 15

5s 1932 o p t 1922

h 4 .6 0
h
h
h
b

To
Net.
4.40
4.40
4.35
4
4.50
4.50

P E N N S Y L V A N 1A

4
4.60
4
4
4
4

4V is W at & Sew 1 9 5 2 .J&J
4s g R e f J u ly 1 1 9 2 9 ..J& J
W in ston -S a lem — 5s ’ 25 M & S
5s gen im pt 1944___.J& J
5s Sept 1923-1947 .. M & S
4 14s J u ly 1 1942____ J&J
414s J u ly 1 1952 _
J&J
6 s I m p A u g l5 ’ 23-30F& A15
NORTH

*4V is O c t ’ 2 3-O ct’ 30 A & O
3 V is R e f ’ 30 o p t ’ 25 A&O

4

b
b
b
b

A sk.

6

4.35
4.50
4.50
4.50
4.35
4.40
4.40
4.35
4.35
4.35
4.60

Bid.

Bonds.

N et.

4.50 T o le d o Sch D is t-4 s ’ 23 to ’ 29
to 4.60 %
6s 1 9 2 3 - 1 9 2 4 ............ M & N
4.70
6s 1925-1930________ M & N
6s 1931-1960............... M & N
4.70
4.70
to 4.30
to 4.30
6s B d ge 1932-41 . . A & O b 4 .80
to 4.35
*5s P olice B d g & St ’ 2 3-’ 32
to 4 %
*4 Vis 1923-1957
A&O
to 4 %
to 4.35 %
*4V is 1 9 4 4 -1 94 7 . .. M & S
to 4.40 %
*5s 1924-1944
M&S
to 4.35 %
4
& M a rk et 1923-39“
M & S b 4.60
4.20
OKLAHOM A
4.20 4 Vis O ct 15 1924-33 A & 0 1 5
4.20
4.20
4.20 Guthrie 6s W W ’ 43
A&O
4.20
4.20
5s N o v 1 1924
M&N
4.20
4.69
4.60
5s W ater 1936
M&S
4.60
4.30
4Vis W W 1941
J&J
4
O kla“C ity S D 4s 1933 J&J
s 1 9 2 6 , 1 9 3 0 , 1931
V a ,r
4
’ 24 ’ 33 J & D
4.20 O k la , C o
4.20
4.20
F&A
4.20 T u l s a 5 14s 1 *92 7-3 2
4.20
5 Vis Ju ly 1946
F& A
5 s j 9 .3 3 -1 9 4 7
F& A
4.20
4.20
OREGON
4
b 4.50
4
b 4.50
4
b 4.50
4
4.L jS 1 9 9 5 1944. ( q -a )
A & O b 4.50
ft 4.40
4.30
4
b 4 ,40
4
4 s A u g 1 1 9 2 8 -1 9 3 3
F & A 6 4 .40
4.30

5s Ju ly 1961
4 Vis School ’ 2 7-’ 4 6
4Vis 1927-1962

6
6

53

To

4s R oa d

1936

4 s A u g 31 1 9 9 6 - 3 9

A&O
M&S

4.60
4V*jS 1 9 2 5 & 1 9 3 0
4.55
5
4.50
4.80
4.50
4.50
4.50
4
4.60 M o n tg o m e ry C o u n ty —
L ancaster S D 4s M a y 1945
4.60
4.40
4.60
4.50 MeTC’p ’t s n a p s ’ 93 ’ 4.3M&N
4.50 N ew ark *4%9 1923-’ 41 A&O
4.60
4.50
4
4.65
4
4s 1930
'
A&O
P ortsm ou th — 4s ’ 23-’ 24 J& D
4
5.75 %
4
6
4 U js N o v 1 1 9 4 8
.T&.T
Springfield— *5s 1923-1934 6 4.50 to 4.40 %
4s 1923-1925- . . . . M & S
4
4.10 S pringf’d S D * 5 s’ 23-’ 39 J& J2 6 4.60 to 4.50 %
4.25 %
Steu ben ville *5s ’ 23-’ 35 M&S
4 .60
4s Jan 1 1946 . . .
J&J
4.50
4s N o v 1 19 6 6
.T&J
4 .50
4.25 %
T o le d o * 5 sW W ’ 3 7-’ 44 F & A
4.25'
4s J u ly 26 1972 . . J&J
4.50
* 6 s G en F un d 1929 .F & A
4.25
4.50
• 6 s P u b W h a rf 1960 M & S
4.25
4.30
4.25 P h il a S D 4Vfs ’ 23 ’ 43 ,T& J
4.25,
* 4 Vis Sept 1 1928 .M & S
4.251
4s 1923 1942
.T&J
4.20 %
* 4 Vis W at 1932-34 .J & J
4.251
4.25 %
4 Vis B d g ’ 28, ’ 33& ’ 38F & A
4
4s M a y ’ 25 o p ’ 10-’ 22M &N
4.25
4s*1926“
. . . .
A&O
4
4s 1923 t o 1927
M&N
4
4s P ark July 1 1942 J&J
4
4s 1924 to 1939
J&J
3 Vis R e fu n d ’g 1930. M&N
4
4 .4 0 1
3 Vis A p r ’ 23 to ’ 3 0 . . A&O

b 4 20
b 4 20
b 4 20
b 4 20
h 4 20
h 4.20
b 4.20

to
to
to
to
to
to
to

4.10
4.10
4.10
4.10
4 10
4.10
4.10

ft 4 20
h 4 20
b 4.20
b 4.20
h 4.20

to
to
to
to
to

4.10
4.10
4.10
4.10
4.10

h 4 15
ft 4 15

to 4.05

%

%
1
%
%

%
%
%
%
%
%
%
$

b 4 .15 to 4.05 %
b 4.10 to 4 %
h 4 20 to 4.10 %
b 4 20 to 4.10 %
99 %
99
114
105
105
100
100
100
100
100
100

b 4 10
5 4 10
b 4 10

b 4 10
ft 4 10
6 4.10
b 4.10
b 4.10

115Vi
106' '
106
101
101
101
101
101
101
101
to 3.90 %
to 3.90 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %

6 Basis. / Flat price, n Nominal.
•Subject to taxation. B y an amendment to the constitution ofJOhio adopted Sept. 3 1912 bonds issued after Jan. 1 1913 by municipalities in
Bonds Issue prior to Jan. 1 1913 are exempt from taxation.1
}

that State are subject to taxation.




■

54

[V ol. 116 .

STATE AND MUNICIPAL BONDS
B on d s.

Bid.

P I t t s b S D 4 3 6 s ’ 23-’ 2 7 ..J & J b 4.15
R ea d in g— 4s ’ 23 to ’ 2 8 . A&O b 4.10
4s 1923-1928________ M & S b 4.10
43 1926 & 1931____________ b 4.10
S cranton 4>£s ’ 23-’ 4 1 ._ F & A b 4.15
5s 1923-1950_________ F & A b 4.15
4s 1923-1937_________ M&S b 4.15
4s 1925-’ 3 0-’ 3 5 ..........A&O b 4.15
Scrant S D 4s ’ 23-’ 28-’ 3 3 A & 0 b 4.25
336s 1923-1932______ F & A b 4.25
U n lontow n 4s’ 28 tax-exM & N b 4.20
W ash ’ n C o 4 ^ s ’ 23-’ 34 M&S b 4.15
4s 1924-1933________ M&N 6 4.15
W llkes-B arre336s’ 24-’ 2 9 F & A 1 4.20
6
4s 1924 to 1935______ J & J b 4.20
436s Im p Ser I ’ 2 3 -’ 3 8 A & 0 b 4.20
4369 1931-1940______ J&Jif> 4.20
436s Im p 1 94 0 -1 9 4 5 .-J& Jjb 4.20
W m sp ort 336s ’ 2 9op ’ 09 M & S b 4.15
Y ork 4k£s 1 9 2 4 -1 9 4 3 ...F & A b 4.15
Y ork C o 336s ’ 23-’ 3 2 ..M & N b 4.15

Ask.

To
Net.

to 4.05 %
to 4 %
to 4%
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4.15
to 4.15
to 4.10
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4 %
to 4.05
to 4.05
to 4.05

B on d s

Bid

Ask

M em p h is ( Concluded)—
4 3^s Park 1959_______A&O
4s W ater 1933...........M & N
M em p h is S D 436s ’ 5 9 . .J & J
N a sh ville—
6s A p ril 1 9 2 3 -1 9 4 2 ... A&O
5s M a rch 1 923-1960. M&S
5s M a rch 1933______ M&S
5s S ch ool 1 9 2 4 -1 9 4 5 ..J & D
436s Sewer 1923_____ A&O
4 36s Street 1935_____ J&J
436s H igh Sch 1 9 4 0 ..J & J
4s (T en n C R R ) ’ 2 4 . M&N
4s W a ter 1928________ J&J
P olk C o 5s ’ 2 7-’ 4 6 _____ J& D
Putnam C o 436s 1 9 4 1 . J u ly 1
R o b e r ts o n C o 4 s ’ 4 1 o p ’ 3 1 . J &J
S h elby C o— 436s S ch ’ 4 1 .J & J
4s C ou rt H ouse 1955.J& J
5s S ch oo l 1929, 1939, 1949 6 4 .6 0 to 4.50

To
Net.
4.50
4.50
4.40
4.40
4.40
4.40
4.40
4.40
4.40
4.40
4 .4 0 :
4.40
4.85
4.85
4.85!
4.40
4.40
%

B o n d s.

Bid.

Ask.

N o rfo lk — 5s R en 1 9 2 3 .J & D
6s O ct 1 1950________ A & O
5363 S ch ool O ct 1 ’ 51 A & O
5s M u n icip al 1949___F & A
5s M u n icip al 1969___ F & A
436s M u n fc Im p t ’ 42 M & S
436s R enew A p r 1 ’ 41 A&O
436s Im p J u ly 1 9 4 0 ..J & J
4s Im p t M a rch 193 6 . M&S
P etersbu rg 4 36s 1 9 5 2 ..A & O
P o rtsm o u th — 436s 1940 F& A
536s A u g 1 1951_____ F & A
4 36s Im p O ct 1 1 9 4 2 .A & O
436s Sch & Sew 1 9 3 8 .J&J
5s W ater 1948________ J& D
6s R e f 192 8 ____________ J&J
R ic h m o n d —
6s J u ly 1 1 9 2 3 -1 9 2 9 ..J&J
6s J u ly 1 1930________ J&J
4363 P ub Im p 1 9 4 9 ..J & J
436s S t& P k R d S e p ’ 2 9 .J & J
4s 1923 to 1930_______ J&J
4s 1938 to 1943_______ J&J
4s 1 9 2 4 . . . .................... _J&J
4s 1941________________ J&J
4s E le c L ight 1942___J&J
4s 194 3 ________________ J&J
R o a n o k e 436s R e f 1 936.J& J
4 36s Street Im p t M a y 1940
436s Pub B ldg 1 9 4 1 .M&N
436s P u b B ldg 194 4 . M&N
436s A p r 1952_______A&O
4s St Im p t 1936_____ J&J
S ta fford C o 5s 1942____ J&J
T a zew ell C o 5s 1 9 2 3 -4 6 .J&J

TEXAS.
R H O D E IS L A N D .
A u stin 5s 1923-1942____ J&J b 4.80 t o 4.60 %
____4.60
4s C harlt Inst 1965____ M & S 101
5 sS ch B g & H os’ 5 2 o p ’ 32J&J
____4 .60
336s gold S H 1934_____ J&J
4 M % R e f 1 9 2 3 -1 9 4 6 ..J & J
9536
93
____4.70
B ristol— 3 36 sg 1 9 3 0 ... M & S
B eau m on t 5s ’ 52 o p ’ 3 2 . A&O
9734
____4.70
C ent Falls 4s ’ 23-’ 3 0 ___F & A
5s W a t e r w o r k s 1 95 4 .M&S
____4.70
92 H
N P r o v ’ce 4s J ’ ne 15 ’ 47 J & D
4s 1942 o p t 1922_____ J& D
____4.90
J ohnston 436s 1925,
C leb u rn e5 sW W ’ 52op ’ 32.J& J
____4.40
1930, 1935, 1940____ M&N
D allas— 5s 1931________ J& D
9934
97
____4.40
L incoln— 4s 1928_______A & O
5s g A u g 1928________ F & A
4.70 to 4 .40 %
N ew p ort— 436s ’ 23-’ 3 9.M & S 101 >4
5s 1923-1960________ M&N
4.70 t o 4.40 %
536s June 1 1923-1958____ 1 1 2 3 4
436s Sch 1 9 2 3 -1 9 5 2 ..M & N
4s g old 1927__________F&A
4 H s 1924,1928,1938,1939,
9734
97
4.70 t o 4 .40 %
4s M a y 15 1948_____ M&N
1942, ’ 43, ’ 44, ’ 4 5 . .J & J
88
4 .7 0 to 4.40 %
336s g H ign sen 1954 J& D
igh Sch
4s W ater ’ 47 o p t ’ 1 7 .A & 0
334s
W A S H IN G T O N .
4.70 to 4.40 %
Paw tuck et— 4 3 4 s 195 0 . .J & J 10134
4s S ch ool 1 9 2 3 -1 9 5 1 ..J & J
4.50 6s G en F un d 1 926-1940.J& J b 4.50
4 3 4 s Sewer 1952_____ J& D
10134
D a lla sC o4 3 6 sS e p l0 ’ 51 A p r 10
96
A berd een 536s ’ 23-’ 3 1__J & D
4s W ater 1937______ M&N
5s V ia d & B ridge F e b 10
98
4.65 B ellingham 5s 1926____ A & O
P roviden ce 4s 1927____ A&O
1954 o p t 1924____ A p r 10
5
4s Jan 1 1945_________ J&J
C larke C o 5s '3 5 o p ’ 25 J a n 1
9834
E lP a so 5 sW W P u rch ’ 5 0 .A & 0
5
4s J u ly 1956__________ J&J
E verett 5s J u ly 15 1931.J& J
9S34
5s Fun d 1951 o p t ’ 3 1 .M & S
5
4s M a y 1962________ M&N
5s June 1936_________ J& D
9834
5s S ch ool 1955 o p t ’ 3 5.J & J
101
4s W ater 1962________ J& D
5
536s W ater 1934-1938M&S
5s Im p t A u g 1 1 9 4 8 ..F & A
94 H
K in g C o — 5s 1928_____ M&S b 4.90
334s Sch & B r 1 9 2 9 ..M&N
F ort W o rth —
92 |
.............
3s Sew & Im p 1 9 2 9 ..M&N
5s C ’t H ouse ’ 33 o p t May b 4.90
5s A p r 1951 o p t ’ 3 1 . .A & O b 4.50 to 4.40 . . .
9 7 3 $ ----------W esterly— 4s 1927____ M & S
5s R o a d 1935________ F&A
5s 1929-1934................. J& D b 4 .50 to 4.40 . . .
334s W a ter Feb 1929. F&A
436sH arb o p t ’ 23-’ 30 N ovi b 5 %
5s 1935-1959_________ J& D b 4.50 to 4 . 4 0 ___
_______
W oon sock et 4 3 4 s F d '41 J& D 100
4 36sS tlm p’ 4 8op a ft’ 28.J&J b 4.50 to 4 . 4 0 ___ Lewis C o 5s 1 9 2 3 - 3 2 . ..M&S b 5 %
6s F un d 1 92 4 -1 9 3 5 ..M & N b 4.50 to 4.35 %
436s S ch ’ 49 o p a ft’ 2 9 . J& D b 4.50 to 4 .40 . . . P a cific C o 436s J u ly 1 ’ 2 8 -’ 36
6s F un d 1936-1961 ..M & N b 4 .50 to 4.35
4s R efu n d in g 1941___J&J b 4.50 to 4 .40 . . . P ierce C o 5s ref ’ 2 5op ’ 1 5 A & 0
4 J4s F un d in g 1 9 4 4 ..M&N
5s Sept 1 1 9 2 8 -3 7 .. . S e p t 6 5 %
G a lv e s t o n 4.75
434s June 1923 -1 95 7 .J & D
4s R e f 1926 op t 1 9 1 6 .M & S
9 8 3 6 ----------53 L im deb t 1932-1936 J&J
4.75 P o rt o f S eattle 5s’ 23-’ 55M & S b 4.95
5s Fun ded 1923-1959 A&O 6 4.60 to 4.30 %
5s G rad e R ais 1 9 4 4 ..A & O
94 3*
4.75
4s F un d in g 1947____ A&O
4363 Jan 1 9 2 4 -1 9 5 5 ...J & J b 4.95
5s S ch oo l 1 9 2 3 -1 9 5 4 .M & S
4.75 Seattle— 5s 1923-1930. .J & J
3 }4s W at M a y 1 ’ 3 1 . M&N
923*
5s 1923-1956_________ A&O
4.75
S O U T H C A R O L IN A .
6s L & P Sys 192 7 -4 1. A& O
436s G rad & c‘ 4 8 o p ’ 28.J&J
4.30
4.75
434s B lue 1928_________ J&J
436s Sewer 1927_____ M&S
4 36 sG ra d & c’ 4 9 o p ’ 2 9 .A & 0
4.20; G a lveston C o u n ty —
4s R efu n d 1952 op 1932. J&J
436s Sewer 1931_____ J&J
4.50
C harleston— 434s 1 9 2 8 .A & 0
a.35
436s L igh t ext 1 9 3 2 ..J&J
5s B d A pr 10’ 5 1op ’ 31 A&O
4.40 Harris C o 4s ’ 47 o p ’ 1 7 . A & O
4.65
434s Jan 1962________ J&J
4s A pril 1 1929____ -.A&O
4.40 H ou ston —
4s Sewer 1929________ A& O
Seattle S D N o 14 36s’ 24 M&N
4.35
4s R efg ’ 38 (ta x -ex m ).J & J
4.50
5s Sew N o v 15 1 9 3 9 .M & N
436s M a r ’ 23 to ’ 3 1 ..M & S b 4.85
4.70
C harleston C o 6s 1 9 3 7 ..J&J
4.50 Snohom ish C o 5s ’ 31 op aft ’ 21
5s R e fO c t l6 ’ 41 o p ’ 3 1 .A & 0
4.90
Cheraw 5s ’ 52 o p ’ 3 2 . . J u ly 1
b 4 .60 to 4.50
S pok an e 5s P ark 1 9 2 7 ._J& D
5s M u n Im p ’ 2 6-’ 3 6 ..F & A
C larendon C o —
436s B d ge C onst 1 9 3 1 .J&J
4 J^s Sept 1 9 2 3 -1 9 5 2 .M & N & 4 .6 0 to 4.40 %
6s M a y 15 ’ 3 6-’ 40M & N 15
4 36s W a te r 1925_____ J&J
4 36s O ct 26’ 38 op '2 8 . A & O b 4.60 to 4.40 %
4.60 P ort A rth u r 5s 1923-56.M & S
4.75
C olu m b ia 5s R ef 1 9 4 1 ..M&S
436s P ark 1962______ J&J
4.50 San A n ton io — 5 s ’ 23-’ 53M & S 6 4 .60 to 4.40 %
434s W ater 1945_____ J&J
436s B ridge 1 9 2 3 -3 6 ..J&J b 4.80
4.60
G reenville— 5s St 1 9 4 2 ..J & J
5s Sept 1 9 2 3 -1 9 5 3 .. . M & S 6 4.60 to 4.40 %
4s W ater J u ly 1 1925.J& J
4.60
5s W ater 1958______ F& A
SpokaneSD N © 81 436s’ 29J&J
5s Sept 1931-1959________ b 4.60 to 4 .40 %
4.50
G reen villeC o 434s’ 4 0 -’ 55J&J
5s St Im p D ist N o 2 19
6 4.60 to 4.40 %
4363 M a y 1 1931____ M&N
5
Lancaster S. D .— 5s ’ 4 1 . J&J
4.50 Stevens C o — 4 3 6 s ’ 29 o p t ’ 19
San A n ton io S D 5s '5 6 . F & A ______
5.15 W a c o — 5s N o v 1 1 9 3 4 .M & N ______
6s Ju ly 1946__________ J&J
4.75 T a co m a — 5s ’ 23-’ 3 3 ____ J& D
4.60
R ichland C o 5s 1933____ J&J
4.75
5s Sewer 1937________ J & J _______
436s L t & P ow 1 9 2 9 ..J & J
5
R o ck H ill 5s 1951 op ’ 3 1 . J&J
4.75
5s W a te r-W o rk s 1 9 4 2 .J & J ______
4 36s R e fd g 1931____ A&O
4.50
Spartanburg 4J4s ’ 3 5 ._ A & O
4.75
4s Jan 1 1931_____________ I............
336s Jan 1 1939_______J&J
4.60 W ich ita Falls 6s 1 9 5 0 .M & N ______
5s Sept 1 1939_______
5.25
S partanburg C o u n ty —
5.25
W E S T V IR G IN IA .
5s F eb 10 I 9 6 0 . . . F&A 1 0 ______
4.50
434s 1923-1927_____ M&N
5s H igh w a y 1 9 2 7 -1 9 4 6 ..J&J b 4.40
SOUTH DAKO TA.
U N IT E D S T A T E S — S e e page s 16 & 48
4.50
9s R ural C redit ’ 3 3-’4 0 .A & 0
4.50
8s Sept 1941____________ M & S
UTAH .
C harleston S D 5s ’ 24-’ 52 J& J
4.50 536s A p ril 1 1941________J & J _______ ,_______ 4.40 C lark sburg 5s ’ 23-’ 5 3 . . A & O
5s M a r 15 1931-’ 3 5 ..M & S 1 5
4.50 5s C a p itol B ld g 1934___J&J bi% % 4 .3 0 %
5s June 1 1924-’ 3 9 _____ J& D
C lark sbgS D 5s’ 41 o p ’ 21M&S I
4.50 436s C a p ito l B ld g 193 4 . A& O b 4 .40 4 .2 5 %
5s H igh w a y ’ 24-’ 2 8 ____ A & O
H a n co ck C o u n ty — 5s G rant
4.50 4 36s R o a d 1939________ J&J
4J4s R ural C redit 1939.J& J
R o a d D ist ’ 46 o p ’ 3 2 . M&N
4.50 4 36s Ju ly 1 1939_______ J&J
A berdeen 4J4s Sew er’ 32 J&J
4.50 4s C a p itol B ld g 1934___J&J
Sioux Falls 5s 1931____ J& D
4.65 4s C a p itol B ld g 1924___J & J.
8Ioux Falls S D 5s 193 5 . A&O
4.65 B o x E ld e r C o 4 3 6 sS ch ’ 32 F & A 1
534s D e c 1 1940_____ J& D
______
TENN ESSEE.
4 369 June 1 1933____ J& D
Ogden— 436s 1929_______ J&Ji______
434s J u ly 1 1923-67____ J&J b 4.35 to 4.15 %
4369 R efu n d in g 1 9 3 2 .J & D ______
W heeling— 6s 1924____ No*
5s W W 1 9 3 2 -1 9 5 2 ...J & J
436s R e f 1923-1955_____ J&J 6 4.35 to 4.15
4 36s R e f W at 1 9 3 3 . . M & N ______
434s 1938-1955_________ J&J 6 4.35 to 4.15
Salt L ake C ity 436s ’ 2 4 .J&J 6 4 .70 to 4.40
4s R ef 1923-1955_______J&J 6 4.30 to 4.10 %
5s R ef 1923-1928_____M & S b 4.70 to 4.40
W IS C O N S IN .
4s 1932-1953____________J&J b 4.30 to 4.10 %
5s R efu n d in g 1941___ J&J 6 4.45 to 4.30
B lount C o 5s 1926,
43^3 M a y 1 1934____ M&N 6 4.45 to 4.30
4.90
1931, 1936, 1 9 4 1 ,’ 5 1.J & J
0 4.60
4 36s refu nding 1934. M&N b 4.45 to 4.30
4.50
C h a tta n oog a 436s 1 9 3 7 .J&J
4s S & W ’ 25 o p t ’ 1 5 .A & 0 6 4.70 to 4.40
b 4 .6 0
la y
4.50 Salt Lake C ity S D 4s’ 3 0 .J & J ______
5 % s ref A p r 15 ’ 51 A & 0 1 5
6s W W 1
4.50
5s A u d it 1927-’ 3 2 ___M&N
43^3 Feb 1 1932_____ F & A ........... .
4.50
4 % s M a y 1952_____ M&N
4 36s A&g 1 1933______ F & A ______
4.50 Salt L C o 436s’ 2 6 o p ’ 1 6 .F & A ______
436s P ark 1942_____ M&N
4.50
434s D e c 30 1 9 4 1 ..J & D 3 0
C ock e C o R d & B rge—
VERM O N T.
4.80 4 36s O ct 1 1 9 2 3 -1 9 4 9 ..A & O
1924, ’ 29, '3 4 , ’ 3 9 ___M&N
4.80 M id d lebu ry 4s’ 4 1 o p ’ 21.M & N
C um berland C o 5s 1956. J&J
96
M ilw aukee 5s 1924-1939 J&J b 4.35
4.50 R u tla n d 4s gold 1 9 2 4 . . M&N
D a v id son C o 4 3 4 s ’ 37op F& A
5s 1 923-1919__________ J&J b 4.35
9836
4.80
G rainger C o 5s 1940___F&A
5s Jan 1924-1940_____ J&J b 4 .35
4 .5 0 ;
H am ilton C o 5s 1935___A& O
V IR G IN IA .
5s J u ly 1923-1940____ J&J b 4.35
4.50 6s deferred ctfs 1871____ J&J
5s A p ril 1945________ A&O
436s 192 4 -1 93 9 _______ J&J 5 4.35
4.50
434s C H & Jail ’ 4 2 . .A & 0
B row n Bros ce rtifica te s___
436s P ark 1 9 2 4 -1 9 3 5 ..J & J b 4.35
4.50 3s “ R id d leb erg er” 1932 op t
434s B d g e & Sch 1947 A & O
4s V ia d u ct 1923 to '2 6 J&J b 4.35
4.50
K n ox C o 5s 1930-1945_______
1900.....................
J&J
4.10 M ilw a u kee C o 4s’ 2 3-’ 25M & S
4.50, 3s F unded d ebt 1 9 9 1 ___ J&J
K n oxv ille 5s 1940_____ M&N
4 I O shkosh 4 36s 1 9 2 4 - 3 4 ..F&A
4.50 A lbem arle C o—
6s W at R ef 1 9 2 3 -4 6 ..M&S
R a cin e 4 36s R ef ’ 2 4 -’ 3 0 . F&A
4.50|
534s F u n d 1950_____ M & S
8s J an 1 1948_________ J&J
4.50
6s 1923-1941............. .. F & A b 4.40
4.50 C harlottesville 5s 1 9 6 2 .M & S
4 3 is F u n d ed & c 1937 J& D
4.40 R a cin e C o—
4.50 D a nville— 4s R efg 1931.J& J
434s W ater-w k s 1 9 4 9 .J&J
4.40
6s 1 930-1940______________
4.50
4s June 1 1929_______J& D
4 36s R ef A u g 1 9 4 2 ..F & A
4.90 W au sa u — 436s’ 23-’ 3 3 . .A & 0 b 4.45
4.50 Lee C ou n ty 5s 1 9 2 4 -4 1 ..J & J
M em p his 5s J u ly 1 9 5 4 ..J&J
4.50 W o o d C o — 5s’ 2 8 ,’ 2 9 ,’ 31 A&O
5s 1923-1927________ F & A
............ !4 60 L yn ch b u rg— 5s 1926 op t .J&J
53 1 9 3 4 _______________ A& O
4.50
5s R iv er T erm ’ 23 ’ 4 8 A & 0 b 4.60 to 4 .4 0 %
4 36s R e f June 1 192 7 . J & D
4.50
53 1937 & 1938_______A&O
5s A u d it M k t ’ 25-’ 4 9 . J&J b 4.60 to 4 .40 %
436s P ub Im pt 1 9 3 9 ..J & J
W Y O M IN G .
4.40
4.50
4J4s R efu n d in g 1 9 2 6 .J& J]_____
436s P ub Im p t 1 9 4 6 ._J&J
4.40 6s P u b B ld g 1 923-28___July
4.40
434s R efu n d in g 1 9 3 9 .J & Jj______
436s W ater 1951_____ J&J
4.40 C heyen ne 5s '31 o p ’ l l . F & A
4.40
4J4s St Im p t & c ’ 4 6 . F & A ______
4.35 S heridan—
4s R ef O ct 1934______ J&J
4.40 N ew p ort N ew s 4369’ 4 8_J & D
434s P ark 1947_______J & J ______
4.55
6s F u n d M c h 15 1952 M & S
4 34s Street 1947_____ M & S .............
4.40
4.55
4 36s Feb 1953________ F&A
43£s 1950_____
J & J _______
4.40
4s Street N o v 1 1941 M & N
4.50

94M i_____

100 I_____

4.35
4.35
4.35
4.35
4.35
4.30
4.75
4.80
to 4.30

______

6 Basis.

/F la t price,




n Nom inal.

%

5.65

5.75
5
4.80
4.80
to 4.80
to 4.80
to 4.70;
to 4.85|

4.75

4.83
5

to 4.90
to 4.65
t o 4.65

to 4.80

%

...........

To
Net.

to 4,50

4.90
5
4.80
4.80
4.80
4.80
4.85
%
5.25
4.60
4.55
4.85
4.55

&

4.65
4.65
5
4.73
4.73
4.75
4.70

to 4.20 %
4.10
4.40
4 .4 0
4.50
5
5
4.35
4.70
5.10
4.55
4.50
4.50
4.30
4.50

to 4 .3 9
to 4.30

to
to
to
to
to
to
to

4.40
4.30

%
%

4 .2 0 1~
/o
4.20 %
4 .2 0 ,%
4 .2 0 ;%
4.20 %
4 .20 %
4.20 %

4.40
4.25

4.25

to 4 .20
425%

%

4.30
4*30
4.30
4.30
4.45
5.25
5 25

BANKS AND TRUST COMPANIES.
Quotations in this department are given per share, not per cent, except for stocks of Canadian institutions, and are
as near as possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*)
denotes sales.
Figures of deposits, capital and profits for the national banks are from the Comptroller’s last call; for all other insti­
tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For
the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement.

ALABAMA— Nat. banks June 30; State institutions latest returns.
Capital.
Birmingham—

$

A m er T r & S av B k .
B irm in g’m T r & S .
First N a tion a l Bank
T rad ers’ N a t B a n k .

500,000
1,000,000
1,500,000
250,000

Surplus &
Gross
Profits.
Deposits.

Par.

$
$
529,954 10,290,658 100
817,219 13,182,769 100
c 2 ,481,538
c25,791,584 100
C81.267 c 3 ,052,462 100

Per share.
180
200
320
200

300,000
200,000
200,000

1,081,171 11,494,213
477,349 6,429,795
308,779 5,102,791

100
100
100

450
310
242

300,000
1,000,000
500,000
300,000
100,000

s46,007 sl,0 6 6 ,9 5 8
547,574 3,569,292
8128,110 34,241,978
44,587 1,867,611
155,884 1,177,875

100
100
100
100
100

105
152
128
102
200

Montgomery—
Exchange N at B ank
First N a tion a l Bank
Fourth N a t B a n k ..
A labam a B k & T r C o
U nion B k & T r C o .

Ask.
200
225
330
210

Per share.

Mobile—
First N a tion a l B ank
M erchants’ B a n k ..
P eople’s B a n k . . .

Bid.

CALIFORNIA— (Concluded)

455
325
250

Per share.
110
155
137
106
225

ARIZONA — Nat. banks June 30; State institutions latest returns.
Per share.

Phoenix—
Nat B k o f A rizo n a .
Phoenix N at B a n k .
Phoenix S Bk & T r_
Valley B a n k _______

200,000
200,000
100,000
750,000

223,174
223,414
212,709
333,465

3.686.774
3.802.774
2,210,771
7,566,345

100
100

ARKANSAS — Nat. banks June 30; State institutions latest returns.
Little R o c k —
A m B k of C om & T r
C entral B a n k _____
E ngland N a t B a n k .
E xchange N a t Bank
P eople’ s Sav B an kBankers T rust C o . .
S outhern T rust C o .
U nion & M erc T rC o
W B W orth en C o .
Pine Bluff—
C itizens’ B a n k ___
C otton B elt S & T C o
M erch & Plant B k .
Sim m ons N a t Bank

Per ishare.
750.000
200.000
300.000
300.000
200.000
300.000
500.000
400.000
200.000
300.000
100.000
175.000
200.000

297,063
48,710
98,029
241,014
77,419
77,008
196,887
402,099
336,633

710,204
697,141
464,453
,487,710
159,070
243,353
160,167
736,153
947,832

235,727 1,538,275
80,703
777,706
231,889 2,603,321
1283,972 12,570,791

25

100
100
25

Capital.

Per share.
25
25

100

32,019
355,670

1,314,621
3,706,086

100

Per share.

Los Angeles
C ontinental N a t ___
C alifornia B a n k ..
M erchants’ N at B k
S ecurity T r & S B k
H eilm an C om T & S
C itizens T r & S B k .
Pacific-S’ w .T & S B
U S N ational B a n k .
U nion B ank & T r . .

1,800,000 c l , 749,719
c33.154,041
500,000
410,122 9,898,255
300,000
876,009 s3 ,857,762
1,500,000 2,319,719 32,680,766
3,500,000 c 3 ,463,901
c64.653.785
2,000,000
622,071 35,442,092
1,500,000
c814,996
c31.785.867
7,525,000 5,333,484
151,225,872
2,000,000
842,091 43,422,229
900,000
784,106 24,896,400
6,325,000 5,438,833 113205256
200,000
C129.631 c2 ,809,093
1,500,000
232,934 8,345,403

100 330
2lb'~
100 200
100 130
100
100
100 275
205
100 193
100 287J3

100
100

100
100

Oakland—
Central Sav B a n k ..
Central N at B an k .
Farmers & M er B k .
First N ational Bank
Am erican B an k___
Oakland B an k ____
State Savings Bank

165
140

C olorad o Sav Bank
C olorad o Spgs N B
E xch an ge N at B ank
First N ational Bank
C o lo T itle & T r C o .

300,000
100,000
300,000
600,000

*198,077 *4,789,971
57,000 1,768,341
<119,712 <4,369,707
248,277 6,732,678

100
75
100

100

Per share.
1,000,000
600,000
350,000
500,000
800,000
3,000,000

C aliforn ia S tate B k
Farm ers’ E x ch N a t

100,000
100,000

546,775 9,031,410 100
335,000 9,449,280
263,575 5,259,534 .1 0 0
1,276,563 7,454,325 100
322,028 7,394,744 100
307,055 23,211,288 100
77,101 1,059,706
a73,441 o l , 737,002

100
100
100

3,4 3 2,85 4
80
5 ,8 6 2,30 5
1,170,371 '1 6 6

50,000
100,000
300.000
300.000
300.000

223,165 2,092,928
*121,374 *1,588,400
C304.634 c5 ,859,550
C437.068 c5 ,414,601
112,812 1,666,376

100
100
100
100
100

322 ,244 8,129,893 100
500 000
500. 000 c l , 873 ,858 C28086940 100
1,000 000 c l , 459 ,644 C25982682 100
c9 0 7 ,370
2 0 0 . 000
c40 ,090
1,250 000 c l , 296 ,791 C36352772 100
200 000 c52. ,476 c l , 660,073
350. 000
157, 140 5,570,707 100
42, ,227 1,287,474
125, 000
77. ,699 1,817,791 '1 6 6
250, 000
400, 000
c865 ,727 C14906873 100
500, 000
458, ,647 7,890,173 100
1,000, 000
250, 000 2,930,141
39, 494 1,355,755 100
100, 000
37, 676 1,091,716
240, 000
157, 611 4,263,933
2 0 0 , 000
902, 772 15,417,942 '1 6 6
500, 000
101 , 900 2,703,451
200 , 000

A m erican N at B ank
C arbon ate N at B k .

100,000
100,000

c582,075
c26,147
C39.272 c l , 123,728

500.000 c l , 069,618 C10160470
100.000
cl2 3 ,6 8 3 c l , 538,156
200,731 4,199,739
100,000

Per

—

sh a re.

..........

—
—

Per

sh a re.

100
100
100

Pueblo-1
-

100

1

C O N N E C T IC U T — Nat. banks June 30; State institutions latest returns.
Per share.
B r id g e p o r t —
C ity N ational Bank 1,000,000
C965.330 c8 ,434,796 100 195
175
First N ational Bank 2,000,000 2,101.182 13,410,470 100 172
400,000 6,718,930 100 165
B ridgeport T r C o . . 1,000,000
170
A m er Bank & T r C o
200,000
153.317 4,261,379 100 170
175
100,000
W est Side B a n k ___
45,858 1,234,379 100 135
140
Per share.
H a r t fo r d —
C ity B ank & T r C o
600,000
461,993 12.991,366 100 235
245
624,152 2,914,350
30 180
C onn R iv e r B kg C o
150,000
First N ational Bank 1,150,000 1,368,527 7,232,990 100 210
H a rtford -A etn a N B 2,000,000 3,213.207 14,820,965 100 290
300
M u tu al B k & T r C o
65,049 1,632,935 100
300,000
125
255
Phoenix N at B a n k . 1,000,000 1,531,907 11,205,370 100
864,417 6,437,395 100 425
400,000
State B ank & T r C o
449,590 3,3 2 4,59 0 100 675
100,000
U nited States B ank
240,649 2,064,275 100 350
200,000
F id elity T rust C o . .
H a rtford -C on n T r
395
C o ............ ............. 2,000,000 2,668,017 14,872,179 100 385
42,077 1,024,864 100 150
Park St T rust C o .
100,000
150,000
286,158 1,949,716 100 285
R iverside T rust C o
404,596 2,853,780 100 475
300,000
S ecurity T ru st C o
100,000
161,401 3,572,344 100
Per share.
N ew H a v e n —
B w ay B k & T r C o .
200,000
101,264 2,231,237 100 125
130
185
First N ational B ank 1,000,000 c l , 296,515 C11869427 100 180
60 180
300,000
911,541 13,078,916
M ech a n ics’ B a n k ..
185
50
76
500,000
670,090 c 6 ,462,614
M erchants N at B k .
80
1,200,000 1,919,194 6,013,858 100 196
205
N ew H a v B k N B A
500,000
*652,880 *2,274,449 100 170
N at T radesm ens B k
180
750,000 1,065,948 c 6 ,108,313 100 190
Second N a t B a n k ..
200
650,000
984,517 5,200,030 100 275
Un & N H av T r C o

* Sale pri«e. aJune30 1921. t Capital is to be increased, x Ex dividend,
iSept. 6 1921, * May 5 1922. r Dec. 311919. c Sept 15 1922.




sh a re.

100

Sacramento—
C aliforn ia N at B k .
C aliforn ia T r & S B
Farm & M e ch S B k
N B D O M ills & C o
P eop le’s B ank
Sac-San Joaq u in B k

236,397
359,132
454,269

190

100
100

First N ational B ank
W estern N at B a n k P u e b lo Sav & T r C o

30
100

P a sa d e n a First N ational B ___
S ecu rity N a t B a n k .
N at B an k & T r C o .
First T r & Sav B k .

C entral S B k & T r .
C olorad o N at B ank
D en ver N a t B a n k .
D rovers N at B an k First N ational Bank
G lo b e N a t B an k ___
H a m ilton N a t Bank
M erchants’ B an kS tock Y ards N a tB k
U S N a tion a l B a n k .
A m er B k & T r C o . .
Bankers T rust C o . .
H ibernia B k& T r C o
G u ardian T rust C o .
H om e Sav & T r u s t.
International T r C o
Interstate T rust C o

Leadville—

160

Per share.
600,000
974,401 23,886,773
1,000,000 c l , 288,827
cl7,066,102
300,000
60,597 3,849,382
600,000
262,777 7,807,779
600,000
231,192 9,970,249
1,500,000 2,251,586 41,079,102
100,000
250,539 2,229,763

400.000
500.000
200.000

433, 456 5,122,029
o403, 517 a6,571,776
306, 855 2,761,894
245, 930 1,325,754
657, 512 6,851,905

163

207
208

C A N A D A — See last p a ge.

Denver—

Fresno—
200,000
150,000

Per

300.000
500.000
100.000
100,000
500.000

All.
sh are.

COLORADO — Nat. banks June 30; State institutions latest returns.
Per s h a r e .
Colorado Spgs.-'

CALIFORNIA — Nat. banks June 30; State institutions latest returns.

Growers N a t B a n k .
Union N at B a n k ..

Bid.

San Jose—

Bank o f San J o s e ..
First N ational Bank
Security Sav B a n k .
Security State Bank
G ard C B k & T r C o
C ity B a n k _________
C o m m ’ l & Sav B k .
First N ational Bank

25

100

Gross
Deposits. Par,

S a n Diego—
Per
$
S
First N a tion a l Bank 1,000,000
498.242 10,733,670 100
M erch a n ts’ N a t B k
250,000
*622,457 *3,413,430 100
San D ie g o S av B k .
200,000
607,078 7,787,446 100
Secur C om m & S B
165,000
68,068 1,880,632 100
U nion N a t B a n k .
200,000
60,510 1,138,460 100
U nited States N Bk
100,000
2,571 1,223,913 100
Southern T r & C om m erce B ank
1,000,000
372,285 14,541,565 100
S a n F r a n c is c o —
A m erican N a t B ank 2,000,000
*733,422 *15652846 100 125
A n glo L ond on -P aris
N a tion a l B a n k .
5,000,000 c3,511 779 c 78575791 100 160
B ank of C alif, N A . 8,500,000 *8,718 107 *70572 549 100
B ank o f Italy
15,000,000 7,692 247 196437177 100 206
C olu m bus S&L Soc
130,000
193 279 2,946,512 250
C rocker N a t B a n k . 2,000,000 c6,574 113 c 35727928 100
D o n ’ h o e -K e lly B C o
650,000
236, 491 2,788,778 100
First N ational Bank 3,000,000 2,056, 822 24,417,887 100 235
F ren ch-A m er Bank 1,000,000
748, 973 13,660,776 100 135
2,700, 000 72,470,177 1000
H u m b old t Sav B k . 1,200,000
636, 790 19,030,443 100
Italian-A m er Bank 1.250.000
340, 505 11,908,561
M erchants’ N at B k 1.500.000
*523, 694 *8,172,329 100 125
162, 139 6,747,613 100
M ission Sav B a n k .
500.000
S ecurity B k & T rC o
750.000
369, 566 4,898.095 250
W ells Far N ev N a t. 6,000,000 c5,193, 481 C69843395 100 188
A n glo-C a lif T r C o . 1.500.000 1,030, 259 38,966,878 100 180
M ercantile T r C o . . 4 ,000,000 3,524, 412 88,049,924
First Federal T r C o 1 ,500,000
810, 169 21,926,719 " 5 0
U nion Trust C o ___ 1 ,200,000 2,465, 390 36,506,740 800 2300

Stockton—

100

Surplus
< Profits.
fc

h

Ex rights.

o Includes First T e d . T r. C o. stock, * D ec. 31 1921.

56

BANKS AND TRUST COMPANIES

IL L IN O IS — Nat. banks June 30; State institutions latest returns.

C O N N E C T IC U T — (C o n clu d e d )

Capital.
N o r w ic h —
M erch a n ts’ N at B k
T ham es N at B a n k .
U n ca s N a t B a n k ___
Bankers Tru st C o ._
W aterb u ry—
C itizen s’ & M anu­
facturers’ N a tB k
W aterb u ry N a t B k
C olon ia l T rust C o .
M erchants T r C o . .
W aterb u ry T r C o . .

8
100,000
1.000,000
100,000
100,000
600,000
500,000
500,000
200,000
300,000

Surplus &
Gross
Profits.
Deposits. Par.
S
63,059
685,877
51,131
28,709

Bid.

Ask.

Per share.

S
488,694
2,948,850
591,082
547,571

100
100
100
125

110
120
105
135

450,000
d510,545 <12,531,471
1,030,000 5,636,638
251,621 3,044,947
158,207 3,203,490

100
50
100
100
100

155
80
295
200
115

140
140

Per share.

D E L A W A R E — Nat. banks June 30; State institutions latest returns.
W ilm in g t o n —
C entral N a t B a n k .
Farm ers’ B a n k ____
N a t B k o f Delaw are
U nion N a t B a n k ___
D elaw are T rust C o
E qu ita b le T ru st C o
S ecurity T& S D C o
W ilm in g ton T r C o .

Per share.
210,000
500,000
110,000
203,175
899,700
500,000
600,000
2,000,000

161,500 1,288,391
772,207 11,174,599
177,057 1,231,761
812,290 4,748,029
301,608 5,313,073
1,000,000 3,872,453
859,903 5,315,346
1,213,304 11,336,336

100
50
100
25
100
100
100
50

125
120
190
95
145
250
99

130
130
200
100
155
305
260
105

D I S T . O F C O L U M B IA — Nat. banks June 30; other insts. latest returns.
W a s h in g t o n —
C olu m b ia N at Bank
250,000
C om m ercial N at Bk 1,000,000
B an k o f C om & Sav
100,000
D istrict N a t Bank
550,000
F arm & M ech N a t.
252,000
Federal A m erican
N a t B ank
___ 1,200.000
Franklin N at Bank
225,000
L ib erty N a t B a n k . _
250,000
300,000
L in coln N a t B a n k .
M erch a n ts’ B a n k ..
300,000
N a t B ank o f W a sh . 1,050,000
N a t C apital B a n k .
200,000
N a t M etrp o B an k .
800,000
R ig gs N at B an k ___ 1,000,000
S econd N at B a n k ..
500,000
Secur S av& C om Bk
200,000
A m er Secur & T r C o 3,400,000
C ontin ental T r C o . 1,000,000
N a t Sav & T r C o . . 1,000,000
M u n sey T ru st C o . . 2,000,000
U nion 'T rust C o . .
2,000,000
U nited States S B k .
100,000
W ash L oan & T r C o 1,000,000

Per share.
346,874 2,426,374
d475,574 d ll6 8 3 7 0 2
101,000 1,300,000
d518,537 (16,383,723
a355,542 o 2 ,400,601
182,179
d75,012
d444,039
90,772
d756,072
d296,077
890,799
2,584,711
d 3 5 8 ,662
121,636
2,622,415
128,580
1,923,073
382,427
787,077
116,377
1,714,061

<3,230,792
(12,137,655
(15,442,628
2,073,151
(18,087,531
d l , 544,728
11,026,787
24,642,373
d3,781,538
3,399,788
23,057,699
3,756,639
9,683,897
4,670,346
5;788,884
2,035,613
10,901,216

100
100
10
100
100

225
148
180
170
240

100
100

190

166

155
180

127
235
i§ 5
196
232
540
150
240
285
90
300

210

143
270
i o o i3 1 8

150

io o
100
100
100
100
100
100
100
100
io o

250
165
260
290
92

33 q

F L O R I D A — Nat. banks June 30; State institutions latest returns.
J a c k s o n v ille —
A tla n tic N at B a n k .
B arnett N B o f Jack
F lorida N a t Bank .
Tam pa—
C itizens A m B k& T r
E xch an ge N a t Bank
First N a tion a l Bank

Per share.
350,000 d l , 286,583 d l8 2 9 6 262
748,994 11,718,905
750,000
500,000
d490,399 d l24 1 6 447
1,000,000
200,000
250.000
400.000

563,463 7,630,790
43,000
900,000
e538,471 e4 ,180,191
888,674 6,544,651

100
100
100

C itizens & Sou B k
N a t E xch an ge Bank
U nion Sav B a n k ___
C o lu m b u s —
C olu m bu s Sav B k .
F ou rth N at Bank .
H om e Savings Bank
M erch & M ech B k .
F irst N a t B k o f C ol.
T h lrd N ationalB ank
M acon —
B ib b N ational Bank
C itizens & Sou B k .
F ou rth N a t B a n k ..
M a co n N a t B a n k ..
Savannah—
C itizen s’ & Sou B k
C om m ercial B a n k .
E xch an ge B a n k ___
M erca n tile N at B k
O glethorpe S av & T r
A m er B k & T r C o .
S avannahB k& T rC o
C h a th a m B k & T rC o

47,091
325,701
200,000
1,000,000 d 2 ,162,937 d21180 271
2,000,000 2,917,406 58,120,670
1,200,000 d 2 ,345,930 d22769 975
0346,884 05,217,745
750,000
306,341 1,570,648
500,000
1,000,000 d l , 887,939 d l50 4 8 068
271,213 2,606,628
1,500,000
1,000,000 1,961,743 3,649,713

100
100
100
100
100
100

110
325
320
320
135
150
305
120
415

280
140
150

i5 0
165

t

H om e B k & T r C o .

Per share.

100,000
1,000,000
2,000,000
400,000
100,000

889,639
37,761
257,042 6,635,189
2,917,406 58,120,670
d329,557 d 2 ,130,773
92,309 1,439,766

100
100
t
100
100

250,000
300,000
50,000
200,000
200,000
500,000

204,636 2,202,739
181,044 1,034,061
50,200 1,267,200
223.901 1,457,971
d938,294
d236,137
d561,051 d l , 715,907

100
100
100
100
100
100

100
140
175
180

185
150
175

U nion T ru st C o _ .

170

200,000
2,000,000
500,000
150,000

s865,000
s64,000
2,917,406 58,120,670
d659,279 d 9 ,465,966
165,877 2,277,378

100

t

97^
225
170
145

100
230
172
150

E lg in —
E lg in N a t B a n k ..
First N a tion a l Ban]
H om e N at B a n k .. .

2,000,000
100,000
250,000
300,000
300,000
250,000
200,000
700,000
200,000
500,000

2,917,406 58,120,670
64,039 L 0 8 0.98 4
150,947 1,969,143
528,112 2,601,166
s54,377
s800,000
233,340 1,140,259
412,165
15,957
878,498 3,718,705
752,259
109,730
130!914 1,799^216

100
100
100
100
100
100
100
100
100
100

100
100

Per share.
150
145

Per share.

Per share.

250,000
300 000
300,000

P e o r ia —
C entral N a t B an k.

H om e Sav & State.

d254,233 d 3 ,677,801
d 383,710 d5|566i738
e l2 1 ,5 0 7 e l , 942,375

Par.

Bid.

Ask.

Noni inal.
100
100
100
100
100
100

Per share.

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

165
200

205

200
190
202
190
300
200
282
278
400
406
175 *
185
195
205
200
206
458

465

230
168
190
200
210
195
145
400
115
300
195

150
410
120
305
225

200
161

165

150
175
110

165
190
120

100 320
100 145
100 225
100
100 180
100 275
100
100 330
100 200
100 200
100 410
100 475
100 132
100 150
100 250

330

225

350,000
250,000
6,000,000
500,000
500,000
1,500,000
5,000 000
250,000
400,000
6,250 000
300,000

165,345
132,449
3,363,924
135,344
888,677
847.199
7,950,707
347,659
71,206
8,707,982
390,779

3,640,336
3,625,219
72,251,990
3,070.333
6,618,670
14,200.743
83,330,224
6,475,715
3,362,407
94,092,991
4,102,888

100
100
100

1,500,000
200,000
3,000,000
800,000
5,000,000
200,000
200,000
300,000
500,000
350,000
200,000
200,000
400,000
5,000,000
750,000
2,000,000
1,000,000
1,000,000
300,000
500,000
200,000
1,000,000
200,000
2,000,000
700,000
4 00 ,00C

1,325,117
190,921
4,064,443
405,967
13,117,877
345,344
62,269
83,131
619,919
151,905
105,197
55,794
225,064
12,338,491
238,004
4,573,972
605,124
709,737
390,497
319,079
118,754
835,477
142,234
3,297,509
255,347
142,996

21,376,995
1,965,390
41,925,799
8,209,289
144886606
4,836,618
2,198,677
3,034,014
9,674.098
6,808,959
2,417,149
1,521,010
6,378,748
101092403
10,020,980
46,632,118
15,866,906
14,714.946
5,744,036
7,716,774
3,356,604
10.679.77C
2.092,672
55,932,751
11.174.16C
6,283,064

100
100
100
100'
100
100
100

s967,967
s50,00C
136,604 1,484,722
d258,174 d l , 985,247
45,000
600,000
222,749 2.029.564
147,880 1.480.914

d608,417 d 4 ,602,735
300,000
750,000 d l , 552,792 d 6 ,542,895
294,272 2,623,779
250,000
d871,685 d 5,813,263
550,000
169,183 2,742,562
250,000
172,686 1,674,393
400,000
d593,902 d 5 ,265,483
500,000
446,616 2,774,422
200,000

300
340
416
500
136

100
100

121,81C 2.359.34C
®119.001 rl,2 2 6 ,7 9£
d298,37C d4 ,4 04 ,40 ;
200.00C 2,135,00C
6 4 5 ,87C 6,933,744

175

10C
100
100
100

100.00C
200,000
150,000
100,000
100,000
100,000

Q u in c y —
300,000
100,000
5 00 ,00C
R ik er N a t B a n k ...
3
200 ,00C
D 1.000.00C

B o is e C it y —

io o
100
100
100
100
100
100

200
200
184
120
310
152

188
123

300
180

190

195

200

400
205
325
275
400

415

185
i o o 270
100 285
100 160
100 125
100 190
100 400
100 225
100 340
100 270
10C 215
100 230
100 300
10C 150
10C 165
IOC 165
10C 330
10C 320
10C 265

330
285
406
195
300
135
200
406
350
280
310
160
175
180
340

Per share.

100

100
100

_

IOO
IOO

_
_____

10C
10C
10C
10C
10C

______
______
_____
............
............

10C
100
100

Sale p rice, a M a y 5 1922. 6 C ap ita l to be Increased,
13 1922. « S ept. 6 1921. n A p ril 16 1920. * D ec. 31 1921.
fcNew s tock .




T ru st & S av B k .

C on t & C om T & S B
D rovers T r& S av B k
F id elity T r & S B k .
First T r & Sav B k .
F ranklin T r & S B l
G reenebaum Sons’

95
310
295
300
128
138
295
110
400

100
100

Gross
Surplus &
Profits.
Deposits.

A u rora —
8
$
$
d317,572 d 2 ,524,370
A urora N a t B a n k ..
100,000
First N ation al B ank
d 2 2 l,4 6 9 d 2,904,728
100,000
A m erican N at B ank
238,764 '2 ,2 2 9 .7 1 7
100,000
M erchants N a t B k .
d246,847 d 2 ,243,901
100,000
O ld Second N a t B k
200,000
«228,724 «1 ,280,179
A urora T r & Sav Bk
79,438 1,772,411
100,000
C h ic a g o —
114,377 2,681,161
A etn a State B a n k . .
200,000
364,567 4,623,614
A m er State B a n k ..
600,000
A tlas E xch N a t B k .
d51,277 d l , 704,193
200,000
300,000
144,794 5,067,727
A ustin State B a n k .
d l6 6 ,8 2 7 d 5 ,947,310
C alum et N a t B ank
300,000
C apital S tateSavB k
75,374 3,027,068
300,000
C entral M fg D is B k
500,000
524,244 6,063,169
C itizens State B k . .
196,140 4,910,564
400,000
C on t & C o m m N B 25,000,000 d20097144 d 373.366.961
C orn E xch N at B k . 5,000,000 d ll9 3 2 0 9 7 d99032487
500,000
219,988 6,089,566
C osm op olita n St B k
235,476 4,013,240
300,000
D epositors State B k
293,705 6,836,689
350,000
D rexel State B a n k .
d377,977 dl41 7 7 71 2
D rovers N a t B a n k . 1,000,000
First E n g l e w o o d
62,677 3,457,734
200,000
State B a n k _____
First N ational Bank 12,500,000 d 17216459 d20787794
d462,240 d 6 ,378,882
150,000
First N at E nglew ’d
Forem an B rosB k C o 2,500,000 2,630,301 41,090,969
80.413 4,421,279
200,000
G arfield P k St S B k
111,379 2,117,778
200,000
H alsted St State B k
230,594 4.123.203
300,000
H y d e P k State B k .
54,274 3,508.096
200,000
In d ep en d ’e State B k
102,887 3,366,788
100,000
Irvin g Park N a t B k
556,297 11,524,341
K aspar S tate Bank 1,000,000
97,729 4.631,745
300,000
L ake V iew State B k
128.377 3,389,486
250,000
Law ndale S tate B k
63,427 2,133,600
300,000
L incoln S tate Bank
L ive Stk E xch N B k 1,000,000 d l 404,924 d l 6774938
297.384 8,295,717
750,000
M a d & K edS tateB k
62,765 1,603,762
M ech & T ra d St B k
200,000
N at B k o f R ep u b lic 2,000,000 d l , 777,330 £27425955
N ational C ity Bank 2,000,000 d l , 738,927 d34129731
d345,377 d 6 ,451,723
600,000
N at P rodu ce B a n k .
111,599 7.179,362
200,000
N orth A ve State Bk
215,377 6,012,775
N oel State B a n k ___ 1,000,000
66,689 1.195,707
200,000
O gden A ve S tateB k
P e o p le ’s S tock Y ’ ds
453,469 13,557,701
750,000
State B a n k _____
73,741 2,255,612
200,000
P h illip State B a n k .
118.279 3,145,346
200,000
P lon eerS tateS av B k
161,269 6,555,525
500,000
Rella nee State B ank
131,225 3,361,897
200,000
R oseland State S B
200,339 4,067,871
200,000
S ch lff State B a n k ..
196,170 4,279,476
250 000
S econd S ecurity B k
337,670 6,253,086
500,000
S ecurity B a n k _____
300,000 7,125.708
600,000
So C h ica go S av B k .
209,811 7,009,169
500,000
South S ide T r &Sav
State B k o f C h ica go 2,500,000 4,989,015 44,953,778
513,474 7,646,791
300,000
S tock Y d s Sav B k .
183,590 4,986,790
500,000
U nion B ank o f Chic
88,069 1,553,471
200,000
U nited State B ank.
d298,477 d 7,983,140
300,000

Per share.

ID A H O — National banks June 30.

P a cific N a t B a n k ..

Capital.

100
100
100

G E O R G I A — Nat. banksJune 30; State institutions latest returns.
A t la n t a —
A m erican S av Bank
A tlanta N a t B a n k .
C itizens & Sou Bk
F ou rth N a t B ank .
F u lton N at B ank
G a Sav B k & T r C o
L ow ry N a t B a n k ..
A tlanta T rust C o . .
T ru st C o o f G eorgia
A u gu sta —

[ V ol. 116,

g C ap ita l p a id In authorized am ount Is larger, x E x d iv id e n d , y Last sale, d S ept .
t J u n e 3 0 1921. » A pril 28 1921. t In clu des trust dep osits,
t B ranch o f S a v a n n a h .

BANKS AND TRUST COMPANIES

F eb ., 1923.]

IO W A — (C o n clu d e d )

IL L I N O I S — ( C o n c l u d e d ) .

Capital.

Surplus &
Cross
Deposits. Par.
Profits.

Capital.
Bid.

Ask.

Per share.

R o ck fo rd —
C om m ercial N at Bk
Forest C ity N at Bk
M a n u fT s N a t Bank
Peoples B k < T r C o
fc
R o ck fo rd N a t Bank
S ecurity N a t B a n k .
Sw edish-A m N at B k
T h ird N ationalB ank

$
2 00 ,00C
300.000
400.000
250.000
750.000
200.000
125.000
500.000

$
t>57,075
r256,747
»490,667
557,253
0935,109
®58,877
ol9 5,29 2
356,887

$
r452,545
i>2,105,558
®2,914,098
2,279,878
»8,319,954
8487,395
82,092,743
3,231,964

ICO
100
100
100
100
100
100
100

S p r in g fie ld —
First N a tion a l Bank
Illin ois N a t B ank _
R id g ely -F a rm ’s S B
Sp’gfield M arine Bk
First State T r & Sav

500.000
300.000
600.000
500.000
500.000

el3 6,40 3 e4,665,122
8112,497 s3,258,367
200,000 6,957,725
506,984 4,591,001
246,604 4,876.617

100
100
100
100
100

IO W A — Nat. banks June 30: State institutions latest returns.

D ubuque—
D u bu qu e N a t B an k
D u bu qu e S av B ank
First N ational Bank
P ioneer T r& S av B k
U n ion T r & S av B k
Iow a T r & S av B k .
S econd N at B a n k ..

$
250.000
600.000
200,000
200,000
200,000
250.000
250.000
50,000
250.000
100.000

Per share.
300,000
100,000
400,000
200,000
100,000

580,000 4,100,000
52,337 2,057,041
r2 0 1 ,697 82,972,501
368,665 4,925,465
104,107 1,569,947

100
100
100
100
100

8,756,972
3,250,000
2,421,702
9,146,911
1,563,515
2,594,850
3,076,741

100
100
100
100
100
100
100

120,000
100,000
150,000
200,000
50,000

8112,241 81,777,171
t)40,777 81,026,449
255,666 3,822,232
8285,587 83,424,620
159,217 2,851,123

100
100
100
100

700,000
300,000
200,000
50,000
150,000
150,000
250,000
400,000
100,000

1,210,000 15,800,000
516,674 5,080,548
8312,447 83,758,778
61,232 1,017,336
8301 ,91 4 *3,850.779
145,000 1,230,000
377,577 6,u54,773
570,000 5,200,000
62,277 1,013,329

100
100
100
100
100
100
100
100
100

500,000
200,000
200,000
300,000
100,000
200,000
200,000

318,194
207,000
87,740
696,774
36,835
197,833
166,200

Per share.

Per share.

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

49,799 1,848,709
52,964 1,370,951
8283,377 83,235,390
89,000 1,100,000
295,103 2,877,109
237,047 2,470,906
878,377 s l.3 9 7 ,7 1 3

100
100
100
100
100
100
100

Bid.

Ash.

No minal
100
100
100
100
100
100
100
100
100

600,000
200,000
200,000
125,000

Topeka—
B ank o f T o p e k a ___
C entral N at B a n k .
Farm ers’ N at B ank
M erchants’ N at B k
Shawnee State B k .
State Savings B ank
C entral T ru st C o . .
P ru dential T ru stC o

310.000
500.000
100.000
200,000
60,000
100,000
400.000
100.000

W ic h it a —
A m er State B a n k ..
First N ational Bank
First T rust C o ____
F ourth N at B a n k ..
M erch R es State B k
R a n ch ’ ns State B k
& T rust C o _____
Southw est State B k
U nion N at B a n k ___
U nion Stk Y d s N at

8,331,429
2,684,179
2,199,473
482,100

339,967 5,720,948
ul43,321 e4 ,233,772
r33,346 e l , 059,091
8189,102 s4.006.627
40,000 1,023,500
46,194 2,199,358
219,870 1,763,667
197,376
774,273

100
100
100
100
100
100

150.000
250.000 5,500,000
1,000,000 e l , 009,124 e l 2 5 0 3 119
100.000
190.000
600,000
1,000,000
*267,503 812010450
996,090
100,000
61,583

215
200
160
300

100
100
100
100

100
100
100
100
100

600,000
200,000
200,000
100,000

417,697
98,924
111,589
130,101

80,000
72,180
37,199
30,000

900.000
1,351,149
1,029,056
700.000

100

100
100
100
100

K E N T U C K Y — Nat. banks June 30; Stale institutions latest returns.

Per share

C o v in g to n —
C itizen s’ N at B ank
First N a tion a l Bank
L ib e rty N at B a n k .
C o v in g to n S B & T r
P e o p le ’s S B k & T r .

200 000
500 000
350 000
100 000
100,000

236,024
214 437
140,000
74,449
105,243

1,834,042
4,525 411
3i027,971
1,332 923
1,209,000

100
100
100
100
100

L e x in g t o n —
F a yette N at B a n k .
First & C ity N at Bk
P h o e n ix N a tB k & T r
S econd N at B a n k .
S ecurity T r C o ___

300,000
800,000
1,000,000
150,000
500,000

323,194
479,142
363,690
191,312
171,640

2,394,156
2,820,881
2,902,487
1,184,901
1,352,705

100
100
100
100
100

L o u is v ille — ■
C itizens’ U nion N B 1,000,000 82,294,771 820097 372 100
337,497 8,959,768 100
First N ational Bank
500,000
L ib erty Ins B a n k ..
500,000
879,829 1 4,891.226 100
S ecurity B a n k _____
200,000
297,875 1,827,730 100
K en t T it S B & T C o f/2 5 0 0001
272,779 3,723,916 (100
\ffl00,000J
1100
L in coln B ank & T r .
750,000
218,227 4,053,369 100
201,422 5,432,298 100
L ou isv N a t B a n k ..
500,000
N at B k o f K en tu ck y 2,500,000 s3,981,211 s34153 192 100
S tock Y a rd s B a n k .
100,000
80,873
993,016 100
F id elity & C olu m T r 2 000 000 1 031 350 4 650 675 100
L ouisville T ru st C o
806,100
209,886 2,792^973 100
U n ited States T r C o
350,000
123,009 1,778,723 100

Per share.
1 82^ 185
182J^ 185
135
130
215
210
325

Per share.
300
340
250
129
150
325
190
166
105

470
260
90
131
156

iio

Per share.
100,000
100,000

145,007
210,000

1,277,260
1,872,796

100
1001

L O U IS IA N A — Nat. banks June 30; State institutions latest returns.
N ew O r le a n s —
A m Lib erty B k & T r
C itizen s’ B k & T r C o
C an al-C om m ercial
T ru st & Sav B k .
In t-S ta te T r & B C o
M a rin e B k & T r C o
W h itn ey-C en t N B
H ibernia B k < T r C o
fc
W h itn ey-C en t T r <
fc
Savings B a n k . . .
S h rev ep ort—
A m erican B k & T C o
A m erican N a t B ank
C ity Sav B k & T r C o
C om m ercial N at B k
E xch an ge N at Bank
F irst N a tion a l Bank
C o n tin ’l B & T r C o

Per share.
600,000
1,000,000

119,690
316,270

2,537,020
7,761,003

100

95
164

2,726,889
4 .0 0 0 .
000
786,586
750,000
896,009
1.500.000
2.800.000 2,511,811
2 .0 0 0 .
000
2,747,920

54,135,188
10,987,797
16,578,179
33,536,023
42,761,191

100
100
100
100
100

100

239
285
185
303
386

1,000,000

787,847 23,285,667

100,000
150.000
500.000
1,000,000
200.000
1,000,000
300,000

927,203
45,427
66,692 2,334,095
270,802 5,921,008
413,957 13,377,705
e20,000
e300,000
421,880 10,484,704
241,310 4,442,917

Per share.
100
100
100
100
100

M A IN E — Nat. banks June 30; State institutions latest returns.
B an gor—
First N ational B ank
M erch a n ts’ N at B k
E astern T r & B k g C o
M errill Trust C o . . .

Per share.
125,000
75,000
200,000
150,000
150,000
300.000
200.000

$
$
e58,013 e l , 149 ,531
262,407 11,245 ,366
15,312 1,184 .114
106,177 3,541 .906
130,667 3,474 ,527
261,797 4,370 ,974
413,291 4,880 ,107
204,039 2,912 ,260
130,259 1,320 ,109
49,499 1,001 ,798

Per share.

K a n s a s C it y —
C om m ercial N at B k
E xch an ge State B k .
P eop le’s N a t B ank
Kansas T ru st C o .

N ew p ort—
A m erican N at B ank
N ew p ort N at B ank

Per share.

354,322 3,248,391
1,000,000
93,682 2,559,566
150,000
250,000
364,929 5,761,780
76,994 3,662,726
200,000
354,194 13,262,972
1,000,000
271,890 5.259,751
400,000
75,000
568.936
100,000
93,035 2,700,876
50,000
63,385 2,030,711
1,200,000 <1,253,542 <10938,731
100,000
46,038 2,552,755
100,000
323,766 3,905,547
50,000
28,617
628,820
8471,662 83,562,460
300,000
50,000
250,278 2,023,600
500,000
643,958 7,437,372

Surplus &
Gross
Profits.
Deposits. Par.

K A N S A S — Nat. banks June 30; Stale institutions latest returns.

E v a n s v ille —
Per share.
C itizen s’ N at Bank
500,000
8269,249 87,603,919 100
N a tion a l C ity Bank
500,000
o50.000 86,462,775 100
78,511 1,843,975 100
M erca n tileC om ’lB k
200,000
N orth Side Bank .
100,000
34,565 1,351,842 100
O ld State N at Bank
500,000
8450,427 86,934,119 100
W est Side B a n k ..
100,000
177,059 3,131,276 100
A m T r & Sav Bank
200,000
220,440 2,549,779 100
C itizens T r & S B k .
54,132
100,000
968,783 100
F ort W ayne—
Per share.
First N a t B k ______
1,000,000
8512,670 s l0 6 2 3 980 100
L in coln N at B a n k .
300.000
363,194 5.025,397 100
O ld N ational B a n k .
350.000
8338,027 86,171,735 100
C itizens’ T m st C o .
200.000
63,471 2.456.994 100
P eop le’s T r & Sav C o
201,622 2,610,755 100
200,000
T ri-S ta te L & T r Co
500,000
281,779 9.908.995 100
I n d ia n a p o lis —
C om m ercial Nat Bk
300,000
61,029 1,664,020 100
C ontinental N at Bk
400,000
8198,097 84,233,778 100
Fletcher-A m N at Bk 2,000,000 1,469,847 20,741,702 100
Indiana N a t B an k . 2,000,000 2,338,470 23,674,839 100
L ive S tock E xch Bk
171,529
100,000
965,320 100
M erchants’ N at Bk 1,000,000 81,700,269 s ll3 3 0 389 100
M ey er-K iser B a n k .
314,479 4,402,651 100
200,000
N ational C ity Bank 1,000,000
129,162 4,753,344 100
P eop le’s State Bank
100,000
96,027 1,846,719 100
A etna T r & Sav C o
250,000
102,463 2,024,410 100
Bankers Trust C o .
250.000
106,671 2,021,707 100
163.122 1,625,587 100
Farm ers T rust C o .
300,000
F id elity Trust C o . .
100,000
75,000 1,816,791 100
F letcher Sav & T r . 1,500.000
611,334 14,035,799 100
Indiana T m s t C o . . 1,000,000
856,971 9,053,989 100
State Sav & T r C o .
750,000
143,791 2,507,766 100
Security T m s t C o .
200,000
112,373 2,704,773 100
U nion T rust C o . .
875,892 5,943,131 100
600.000
W ash Bank & T r Co
100,000
30,224 1,426,789 100
W ild & C o State Bk
100,000
92,177 3,810,338 100
T e r r e H a u te —
No minal prices
First N ational Bank
700,000
8458,779 82,626,032 100
M c K een N at Bank
500,000
503,477 2,905,930 100
Terre H aute N a t Bk
300,000
291,277 2,025,249 100
Terre H aute T m s t .
500,000
725,994 6,401,719 100
U nited States T r C o
500,000
172,627 4,310,797 100

D es M oin es—
B ankers T ru st C o . .
C a p C it y State B k .
C entral S tate Bank
C om m ercia l Sav B k
D es M oin es N at Bk
D es M oin es S B & T
D es M oin es T r C o .
H om e Savings B ank
Iow a T r < Sav B k .
fc
Iow a N ation al B ank
M ech a n ics’ Sav B k
P eop le’s S av B a n k .
U n iversity State B k
V alley N a t B a n k ..
V alley Sav B an k .
Iow a L oan & T r C o

S io u x C it y —
C ontin ental N at B k
First N ational B ank
Io w a State Sav B k .
L ive S tock N at B k .
T o y N at B a n k ____
Sioux N at B a n k ___
S ecurity N at B a n k .
W o o d b u ry C o S B k
F arm ers’ L & T r C o
First T rust & S B k .

Per share.

I N D IA N A — Nat. banks June 30; State institutions latest returns.

B u r lin g t o n —
A m er S Bk & T r C o
B urlington Sav B k .
First N ational Bank
Iow a State Sav B k .
M erchants’ N at B k
C e d a r R a p id s —
C ed R ap id s N at Bk
C ed R ap id s Sav B k
Iow a State Sav B k .
M erchants’ N at Bk
P eop le’s Sav B a n k .
Security Sav B a n k .
A m er T r & Sav B k .
C o u n c il B lu f f s C ity N ational Bank
C om m ercial N at Bk
C oun B lu ff Sav B k .
First N ational Bank
State Savings Bank
D a v e n p o r t—
A m er C om Sav B k .
D a v en p ort Sav B k .
First N ational Bank
H om e Sav B an k ___
Iow a N ationalB an k
S ecurity Sav B an k .
S cott C o Sav B an k .
U n ion Savings B k .
C itizen s’ T r & S Bk

SI

P o r t la n d —
C anal N a t B a n k ___
C hapm an N a t Bank
First N ational B ank
P ortland N a t Bank
M a in e Sav B a n k ___
F id elity T rust C o . .
C a s co -M e rc’tile T r .
U nion S D & T r C o
U S T ru st C o _______

Per share.
400,000
100,000
175,000
500,000

s528,631 85,820,929
253,627 1,812,929
918,125 8,591,638
536,994 9,080,175

100
100
100
100

140
280
350
280

600,000
200,000
600,000
300,000

558,390
98,114
8491,205
8680,870
420,005
896,777
337,977
378,118
199,994

100
100
100
100

112
130
119H
200

116
140
120
220

100
100
100
100

215
144
195
150

220
146
215
160

150
375
300

Per share.

400,000
500,000
250,000
150,000

2,730,031
3,7 0 9,99 3
87,003,367
s 8 ,2 9 7 ,632
18,204,054
13,661,043
8,645,242
1,344,771
2,186,403

• Sale p rice, a I n d u i e s one-h alf share o f K en t T itle S . B . < T r . c o m . s to ck . * E x d iv id e n d , n D e c . 31 1921. r N o v . 1 1918.
fc
t Inclu des
d ebentures, v M a y 5 1922. y Last sale. e N o v . 15 1920. a P referred . b N ew s to c k , c U nified Includes C itz-U n ion F id . & C o l. T r . s S ep t,
15 1922. t June 30 1921.




BANKS AND TKUST COMPANIES

5b

M A R Y L A N D — National banks June 30; State institutions latest returns.

Capital.
B a ltim o r e —
B alt Co'm m ’ l Bank
C alvert Bank
C itizens’ N a t Bank
C om m on w ’lth Bank
D r o v < M echanics’
fc
N a tion a l B a n k .
Farm < M er N B k .
fc
M ercantile B ank
M erchants N a t B k
N at B ank o f B alt
N a t C ent B k o f Balt
N at Exchange Bank
N a t M a rin e B a n k ..
N a t U n B ank o f M d
O ld T ow n N at B k
Park B a n k ___
W estern N a t B ank
A tla n tic T ru st Co
B altim ore T rust C o
C olon ial T ru st C o
C om m erce T r C o
C ontin ental T r C o .
F id elity T rust C o .
M arylan d T rust C o
M e rc T rust & D ep
E qu ita b le T ru st C o
Safe D e p < T r C o . .
fc
S ecurity S tor’ge& T r
T itle G u ar & T r C o
U nion T rust C o ___
F r e d e r ic k —
C itizens’ N a t Bank
C o m m ’l State B ank
Farm & M ech N B k
F red ’k C o N a t B k .
C entral T ru st C o . .

$
750,000
1 0 0 ,0 0 0
2 ,0 0 0 , 0 0 0
2 0 0 ,0 0 0

Surplus
Gross
& Profits. Deposits. Par.
8
$
299,692 6,334,311
180,966 6,322,125
*6,290,128 e 19300214
181,477 5,084,067

600,000 e 893,298
650,000
<383,344
259,702
1 0 0 ,0 0 0
4,000,000 e2,423,418
1,500,000 1,121,077
400,000 e 446,654
1,500,000 *1,483,643
400,000
289,989
n 8 8 6 ,2 1 0
1 ,0 0 0 , 0 0 0
209,177
350,000
141,096
300 000
500,000 e 650,962
610,229
500,000
2,372,909
1 ,0 0 0 , 0 0 0
300,000
136,554
303,777
750,000
1,350,000 1,662,447
1 ,0 0 0 , 0 0 0
1,956,674
'504,197
1 ,0 0 0 , 0 0 0
L 5 0 0 .0 0 0 3,615,871
1,250,000 1,033,352
1 ,2 0 0 ,0 0 0
3,575,998
2 0 0 ,0 0 0
'201,511
274,017
4u0,000
550,000
619,628

* 12369024
<4,229,031
3,317,064
e 40044740
16,554,771
*3,479,888
e 12384006
3,002,344
n9,812,814
2,754,709
2,878,611
*5,928,819
2,633,990
13,397,159
1,581,445
L 182.459
14,024,923
14,700,499
15,157,987
19,805,286
16,107,175
22,040,581
961,463
7,803,981
12,554,207

Bid.

M A S S A C H U S E T T S — (C o n c lu d e d )

Ask.

Capital.

Per share

G lo u c e s t e r —
C ap e A n n N a t B k
C ape A nn S av B an k
G loucester N at B k .
G louces S D T r C o .

100

50
10

50

H a v e rh ill—
Essex N a t B an k . .
First N ational B ank
H averh ill N at B ank
M errim ack N a t B k
H averhill Tru st C o .

100

40
25
10
100
100
100

H o ly o k e —
C ity N a tion a l B ank
H o ly o k e N at B a n k .

30
100
10
10
20

H a d ley Falls T r C o

50
50
25

L aw ren ce—
B a y State N at B k .
A rlin gton T rust C o
Law rence T rust C o
M erch a n ts’ T r C o .

100
100
100
100

L o w e ll—
A p p le to n N a t B ank
O ld L ow ell N a t B k .
U nion N at B a n k . .
W am esit N at Bank
L ow ell T rust C o . .
M id ’sex S D & T C o

50
25
100
100
100

50

Per share
n537,847 n5,474,978
84,775 2,696,477
n205,979 n2,633,084
n73,910 n l ,420,774
191,691 2,602,932
409,140 5.874,184

1 0 0 ,0 0 0

160,000
125,000
150,000
JH50.000
275,000

[Y o u 116.

Lynn—
C entral N a t B ank
M a n u fa c’rs N a t B k
N a tion a l C ity B ank
State N ation al B ank
Essex T rust C o ____
L yn n S D e p & T C o
S ecu rity T ru st C o .

100
100

25
15
100

50

N ew B e d fo r d —
First N ational Bank
M erch a n ts’ N at B k
N B ed S D & T r C o

M A S S A C H U S E T T S — Nat.bK8.{ezc,Bo8ton) June 30; State xnst.latest returns

$
150,000
1 0 0 ,0 0 0
2 0 0 ,0 0 0

Surplus &
Gross
Deposits. Par.
Profits.
$
181,049
446,312
n l4 1 ,7 7 9
324,505

$
2,116,701
4,457,767
1,438,306
3,274,808
2,595,984
3,617,317
3.709,095
1,479,986
2,627,662

100
100
100
100
100

n317,898 n3,365,724
n522,907 n7,790,976
*134,000 * 1 , 2 0 0 , 0 0 0
382,529 4,746,998

100
100
100
100

100

Per
1 0 0 ,0 0 0
2 0 0 ,0 0 0
2 0 0 ,0 0 0

240,000
2 0 0 ,0 0 0

Per
500,000
2 0 0 ,0 0 0
1 6 0 ,0 0 0

500,000

B e v e rly —
B everly N at B a n k .
B everly T ru st C o . .
B rock ton —
B rock ton N a t Bank
H om e N at B an k .
P ly m ’th C o T r C o .
C a m b rid g e —
C am b rid ge T r C o .
C entral T ru st C o . .
H arvard T ru st C o .
E a s t C a m b rid g e
Lechm ere N at Bank
F a ll R iv e r—
Fall R iv er N at Bank
First N a tion a l Bank
M a ssa soit-P oca sset
N a tion a l B ank .
M eta com et N a t B k
D u rfee T rust C o ___
F itch b u rg —
F ltch b ’g B k & T r C o
S afety Fund N B k .

Nat. banks date Nov.29 1922
578,707 12,713,000
443,039 *4,491,774
370,622 5,891,000
22,012,566 164989000
3,435,109
50,694
5,729,727
771,079
11,143,044
1,502,420
4,299,094
1,585,672
2,787,225
1,974,653
3,653,136
15,491
86,530
1,248,377
1.205,637
328,118
82,307
2.374,067
36.675
783,025
694,233
3,324,403
10,215.155
4,336
36,175
3,320,675
1,122,453
61,531

34,841,000
s i , 654,466
50,122,000
s7 .257,197
122152000
11,161,000
30.054,000
10,094,000
23,300,414
18,464,673
15,692,992
1,079,161
1,053,144
27,123,407
6,727,126
6,221,787
1,941,095
6,118,393
892,566
7,685,996
9,539,644
22,076,988
130006042
506,141
1,118,686
35,674,352
9,648,786
1,471 ;007

100
100

S alem —
M erchants N at Bk
N aum keag T r C o . .
Salem T ru st C o
S p r in g fie ld —
C h a p in N at B ank
C h icop ee N a t Bank
Springfield N at B k .
T h ird N at B a n k ..
C om m ercial T r C o .
Springfield S D & T
U n ion T ru st C o
T a u n ton —
B rlston C o u n ty T r .
W o r c e s te r —
M ech a n ics’ N a t B k
M erch a n ts’ N a t B k
W orcester B k T r C o

B a y C it y —
B a y C ity B a n k ___
P e o p le ’s' C om m ercia l & Sav B a n k .

Per
300,000 e
1 0 0 ,0 0 0

300,000 « 495,908 e6,382,037
500,000 e 471,317 e7,298,234
194,776 4,655,379
2 0 0 ,0 0 0

Per share
100
100
100

D e t r o it —
A m er State B a n k ..
B ank o f D e tr o it___
C entral Sav B a n k .

400,000

2,510,554
2,782^826
7|912|517

100
100
100

1 0 0 ,0 0 0

138,692

1,395,279

100

400,000
400,000

544,757
572,459

4,877,194
2 ,2 2 1 ,8 6 8

100
100

Per share
Per

650,000
750,000
400,000

655,768
484,807
744,108

5,600,800
4,107,503
3,644,666

100
100
100

145
210

150

2 0 0 ,0 0 0

537,517
654,049

4,209,451
4,268,744

100
100

168

300,000

165,779
98,199
176,285
371,393

3,592,174
3,715,639
8,191,489
6,798,452

100
100
100
100

<336,000 <1,700,000
*179,747 *4,104,742
*741,454 e4 ,222,182
164,969
626,434
161,176 1,888,342
98,497 1,420,227

100
100
100
100
100
100

Per
300,000
2 0 0 .0 0 0

350,000
250,000
240,000
2 0 0 ,0 0 0

Per share.
2 0 0 ,0 0 0
2 0 0 ,0 0 0
2 0 0 ,0 0 0
2 0 0 ,0 0 0

250,000
1 0 0 ,0 0 0
2 0 0 ,0 0 0

523,000
149,000
216,505
14,700
382,506
360,217
373,473

5,400,000
4,799,424
5,374,640
1,380,000
3,234,151
3,929,078
4,108,025

100
100
100
100
100
100
100

869,747
1,634,219
701,624

8,802,278
7,109,314
4,512,667

100
100
100

r»190,329 r»2,014,793

100

321,817
304,137
50,834

2,862,732
4,277,561
732,516

100
100

e594,108
*832,158
1,044,244
1,590,370
199,043
1,436,501
1,719,208

e4,382,818
*7,916,155
9,681,236
14,223,931
3,657,736
8,134,716
12,711,829

100
100
100
100
100
100
100

Per share.
500,000
1 ,0 0 0 , 0 0 0

350,000

290
210

310

2 0 0 ,0 0 0

Per
2 0 0 ,0 0 0

250,000
2 0 0 ,0 0 0

500,000
500.000
500.000
1 ,0 0 0 , 0 0 0

350,000
500,000
500,000

50

145

120

155
225
265
265
140

270
450

500

220

260
250

Per
300,000

189,432

2,137,912

Per share.
2 0 0 ,0 0 0
1 ,0 0 0 , 0 0 0

1,500,000

628,397 10,808,738
1,255,979 16,683,930
1,789,846 29,472,325

100
100
100

275
207^
205

2 1 2 J4
210

Per
250,000

314 045

4,126,834

100

400,000

717,731

7,685,024

100

512,744 15,750,777
367,971 28,774,952
463,089 20,843,494
2,270,322
2 0 0 ,0 0 0

100
100
100
100

Per share.
1 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0

142

195
146

107

D im e Savings Bank
First N ational B ank
First State B a n k ..
M erch a n ts’ N a t B k
N a t B k o f C o m m ’ce
Peninsular State B k
P eop le’ s State Bank
U nited Savings Bk
W ayneC oH oSavB k
Bankers T rust C o .
D e tro it T rust C o . .
S ecurity Trust C o .
U n ion T rust C o .

750,000
239,764 11,025,555
1,500,000 2,304,577 24,672,849
1,500,000 2,788,096 37,955.621
5,000,000 e 5 ,119,697
e84,079,5O3
1 ,0 0 0 , 0 0 0
614,195 12,827,471
2 ,0 0 0 , 0 0 0
21,685,717
1,519,778
1,500,000 2,158,541 37,940,212
2,500,000 1,816,847 31,997,329
5,000,000 *9,546,346 *102,664,463
500,000
382,720 7,644,713
4,000,000 6,972,171 71,759,276
500,000
153,933
£635,315
3,631,797 98,606,710
2 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0
1,535,377 03,539,987
1 ,0 0 0 , 0 0 0
1,100,377 07,909,773

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

100

296
270
170
185
236
215
345
360
300
300
200

210

Per
500,000

120

163

C o m ’ wealth Federal

Per
256,405
596,644
646,900

1 0 0 ,0 0 0
2 0 0 ,0 0 0

127
206

110

Per
W arren N a t B ank

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

299,201 e2,470,712
41,819
336,343

Per

100
100
100
100

125
190

Per
375,000
2 0 0 ,0 0 0
1 0 0 ,0 0 0

•
B oston —
Deposits of
B oylston N a t B ank
700,000
C itizens’ N a t B ank
750,000
C om m Sec N a t B k .
500,000
First N ational Bank 15,000,000
F ou rth -A tlan ticN at
B a n k _________ . 2 , 0 0 0 , 0 0 0
M atta p a n N a t B k .
2 0 0 ,0 0 0
M erchants’ N a t B k 3,000,000
N at R ock Bk of R ox
300,000
N a t Shawm ut Bank 1 0 , 0 0 0 , 0 0 0
N a t U nion B a n k ___ 1 ,0 0 0 , 0 0 0
Second N at B ank . 2 ,0 0 0 , 0 0 0
W eb & A tlas N B k
1 ,0 0 0 , 0 0 0
A m erican T rust C o 1,500,000
B eacon T rust C o
1 ,0 0 0 , 0 0 0
B oston S D ep & T r 1 ,0 0 0 , 0 0 0
C harlestow n T r C o
2 0 0 ,0 0 0
C olu m bia T rust C o
1 0 0 ,0 0 0
C o m m ’w ’th T r C o . 1,500,000
E xch an ge T ru st C o 1 , 0 0 0 , 0 0 0
Federal T ru st C o . . 1 , 0 0 0 , 0 0 0
H u b T rust C o _____
500,000
International T r C o 2 , 0 0 0 , 0 0 0
Jam aica Plain Trust
2 0 0 ,0 0 0
L ib erty T ru st C o . .
750.000
M assachu s’ts T r C o 1 , 0 0 0 , 0 0 0
N ew E n g Tru st C o . 1 .0 0 0 , 0 0 0
O ld C o lo n y T r C o .
7,000,000
R o x b u ry T ru s t____
2 0 0 ,0 0 0
South B oston T r C o
2 0 0 ,0 0 0
S tate St T ru st C o . . 2 ,0 0 0 , 0 0 0
U S T ru st C o _____ 1 ,0 0 0 , 0 0 0
W ln th rop T ru st C o
1 0 0 ,0 0 0

Ask.

100
100

230,597
229,277
667,737
344,972
124,627

Bid.

150
325

160
350

G r a n d R a p id s —
C o m ’cia l Sav Bank
F ourth N a t Bank
G r R ap N at B an k.
G r R ap id s Sav B k .
K en t State B ank
Old N a tion a l B a n k .
P e o p le ’ s Sav B a n k .
G ran d R a p T r C o .
M ich ig a n T rust C o .

Per share.
300,000
300,000
1 ,0 0 0 ,0 0 0

500,000
500,000
800,000
2 0 0 ,0 0 0

300,000
1 ,0 0 0 , 0 0 0

73,982
e3 35,lS 4
469,472
599,372
1,054,114
1,164,977
116,879
206,607
401,014

3,054,656
e4,504,677
7,996,113
13,316,989
12,357,617
11,199,209
2,286,477
0473,553
02,846,670

100
100
100
100
100
100
100
100
100

617,877 17,721,068
194,974 3,838,779
138,004 2,148,366
e l , 184,261 *9,396,474

10C

Per share.

S a g in a w —

Second N a t B a n k ..

1 ,0 0 0 , 0 0 0
2 0 0 ,0 0 0
1 0 0 ,0 0 0
1 ,0 0 0 , 0 0 0

100
100
100

• Sale p rice, a C apital t o b e Increased, b N ew s tock , k T his Is the so called “ w eekly d e p o sits,” n ow form in g cap ita l o n w h ich divid en d s
• re p a id , x E x d ivid en d , k Last sale, n M a y 5 1922. v D e c . 31 1921. d June 30 1920. g Inclu des trust d ep osits, o A p ril 28 1921. e In clu des
savings dep osits. <Sept. 6 1921. »J u n e 30 1922. t E x rights, r N o v . 15 1920. « S ept. 15 1922.




F eb., 1923.]

BANKS AND TRUST COMPANIES

M IN N E S O T A — Nat. banks June 30; State institutions latest returns.

Capital.

Gross
Surplus &
Deposits.
Profits.

Par.

Bid.

M O N T A N A — Nat. banks June 30; State institutions latest returns.

Ask.

Per share.

D u lu t h —
$
A m er E xch N a t B k 1,000,000 e2,221,540 12,737,543
C ity N ational Bank.
e533,891 e 5 ,129,007
500.000
First N ational B ank 1,000,000 e3.172.449
615,774,384
e632,557 e4,351,941
N orthern N a t Bank
750.000

100
100
100
100

M in n e a p o lis —
Bankers N at B ank
First N ational B ank
H ennepin C o S av B k
M ercantile State B k
M erch & M fg St B k
M etrop N at B a n k .
M id lan d N a t B an k
M inn eapolis N at Bk
M inn eapolis T r C o
N orthw est N at B k .
8 tA n th ’n y F a lls B k .
U nion State B a n k .
M in n L ’n & T r C o

800,000
5 .0 0 0 .
250.000
300.000
100.000
500.000
1.0 0 0.
200.000
1,000,000
4 .0 0 0 .
300.000
100.000
1 .0 0 0.

,499,504
,535,995
503,533
019,000
104,950
,522,463
,807,227
600,013
158,170
,342,915
582,468
000,000
778,383

100
100
100
100
100
100
100
100
100
100
100
100
100

S t. P a u l—
A m erican N a t Bank
C apital N a t Bank
C ent M e tro p Bank
First N ational Bank
M erchants’ N at B k
N a t E xchange Bank
S tock Y a rd s N at B k
C apital T r & Sav B k
M erch T r & Sav B k

el8 1 ,5 8 6 *4,864,485
400.000
e ll,995,050
6392,874
1,000,000
73,712 3,397,717
300.000
649,348,531
e3,578,327
3 .0 0 0 .
000
*28,571,828
62,331,306
2 .0 0 0.
000
132,827 1,908,304
300.000
115,579 3,471,961
350.000
58,779 4,756,000
500.000
452,847 4,164,849
500.000

100
100
100
100
100
100
100
100
100

Per share.
227 197
5,955 929
000
440, 541
86, 550
99, 717
247, 672
717, 947
000
109, 934
824, 549
3,165, 786
000
277, 809
110, 000
1,187, 120
000

Per share.

M IS S IS S IP P I— Nat.
Jackson —
C apital N at B a n k .
First N ational Bank
Jackson-State N B k
M erch B k & T r C o .
V ic k s b u r g —
A m er B an k < T r C o
fc
C itizens’ N at Bank
First N at ional B ank
M erch a n ts’ N a t B k

banks June 30; State institutions latest returns.
Per share
200,000
100,000
200,000
250.000

2281,790 22,339,127
e258,607 el,5 5 2 ,3 5 5
288,776 21,537,113
280,444 4,490,516

100
100

150.000
100.000
300.000
100.000

920,510
17,100
276,000
56,000
e234,447 e2,658,157
e462,754 e l , 236,870

25
100
100
100

M IS S O U R I — Nat. banks June
K a n s a s C it y —
200,000
C entral E x N at B k
100,000
C ity B ank o f K C .
500.000
C olu m b ia N a t Bank
500.000
C o m ’w ealth N at B k
C ontin ental N at B k 1,000,000
D rovers’ N at B ank 1,000,000
First N ational Bank 1,000,000
200.000
G a te C ity N at B k .
500.000
In t-S ta te N at B ank
200.000
L ive S tock State B k
200,000
M erch a n ts’ B a n k ..
100,000
M etrop olita n B ank.
M u tu al B a n k _____
100,000
N ew E n g N a t B ank 1,000,000
100,000
P rod u ce E xch B ank
200,000
T ra d ers’ N at B a n k .
300.000
S tock Y d s N at B k .
100.000
U nion State B a n k .
250.000
W estern E xch B ank
100.000
W estp ort A ve Bank
C om m erce T r C o . . 6,000,000
F id elity N B k & T r 2,000,000
300.000
H om e T rust C o ____
L ib erty T ru st C o . .
250.000
200.000
M erca n tile T r C o . .
Peoples T rust C o . .
500.000
267,500
Pioneer T ru st C o . .
F id elity Savs T r C o
250.000
S t. J o s e p h —
Burnes N a t B a n k .
First N ational Bank
A m erican N a t Bank
St Jos S tk Y d s B k
T o o tle -L a c y N B k
First T rust C o ____
M issouri Val T r C o

200,000
500.000
200.000
350.000
200.000
100,000
100,000

Per share.

30; State institutions latest returns.
P er

e2,070,291
2,880,896
e3,478,179
e6,241,513
e5,717,709
e9,'850,448
e4 7 133449
e4,089,888
e lO 648251
1,213,295
2,216,104
1,563,127
1,244,446
e l 7 103648
2,078,444
64,589,264
e2,596,109
1,049,060
2,510,197
1,147,743
84,447,506
e30 549309
1,900,475
1,976,621
2,307,995
6.995.886
3.376.887
4,573,746

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
10C
100
100
100
100
100
100

e208,961 *4,144,269
e549,385 e5,753,343
333.371 7,168,901
178.372 2,927,199
e266,343 e6,536,309
70,403 2,086,285
82,046 1,230,583

100
100
100
100
100

e54,648
111,949
*130,801
6372,821
el9 8 ,5 5 4
e226,261
e3 ,382,460
el3 4 ,8 7 5
61,302,043
48,419
49,751
104,375
40,501
e l , 147,070
121,587
*138,267
*152,657
31,849
203,468
8 0,392
2,283,418
e l , 252,558
83,390
59,070
127,598
72,265
408,606
158,852

132

150
700
215
600
108
220
200
140
240

205
145
245

325
225
225

200
220
225
203
240
150
185
300
175
275

225
226
250
205
244
155

280

Per share.

P er

sh a re.

B u t te —
First N ational Bank
M iners S B k & T r C o
M eta ls B k & T r C o
H e le n a —
A m erican N a t Bank
N at B k o f M on ta n a
M on ta n a T r & S B k
C onrad T r & S B k
U n ion B k & T r C o .

Surplus &
Gross
Deposits. Par.
Profits.

Bid.

A «*.

Per share.

$
300,000
200,000
400,000

8
%
*720,176 e7,020,658
89,600 1,194,414
340,980 8.208,000

100

200,000
250,000
150,000
200,000
250,000

237,247 2,814,195
e l3 8,45 1 e3.226.568
125,292 1,161,520
120,889 1,342,729
399,661 2,470,473

100
100
100
100
100 ............ — -

N E B R A S K A — Nat banks June 30; State
L in c o ln —
C entral N at B ank
<157,717
150,000
C ity N ational Bank
500,000
*136,060
First N ational Bank
525,000
548,676
First S avings Bank
109 974
105,000
N at B k o f C o m m ’ce
250,000
303,671
Om aha— .
C orn E xch N at B k .
300,000
233,667
First N ational Bank 1,250,000 e l . 077,791
L ive S tock N at B k
650,000
106,604
M erch a n ts’ N a t B k 1,000,000
845.597
N ebraska N at Bank
500,000
<205.767
Om aha N at B a n k .. 1,000,000 *1,234.714
Packers N at B a n k .
200,000
186.077
S tock Y d s N a t B k .
750,000 1,078,732
State B ank
300,000
116,001
U S N a tio n a l B ank 1,100,000 1.033,792

__

___
_,_

institutions latest returns.
Per share.
<3,167,207
e3.277.153
6,371,739
2,098.778
3,8 5 2,09 6

100
100
100
100
100

3,2 5 5,79 3
el9.165.729
6.946.957
13,700,155
<2.775,303
*24,483,189
4.139.477
8,9 6 6,07 2
4 681,045
19,032,791

100
100
100
100
100
100
100
100
100
100

N E W H A M P S H IR E — National banks May
M a n ch ester—
A m oskeag N at B k .
423.7021
200.000
First N ational B ank
206,272|
150.000
M anchester N at B k
344,8911
150.000
M erchants N at B k .
68.874
150.000

5.
3 ,7 2 7,22 2 '
1,487 356,
2.511,4441
1.464.730

100
100
100
100

Per [share.

N E W J E R S E Y — Nat, banks June 30; State institutions latest returns.
A s b u r y P a rk —
Per share.
A sb P k & O c G r B k
655,270 5,306,536
200,000
M erchants N at B k
71,394 1.358.567
100,000
A sb u r y P ark T r C o
85,096 2,303,607
100,000
Seacoast T rust C o .
197,460 4,0 1 9,00 6
150.000
A t l a n t i c C ity —
A tla n ticC ity N at B k
147,916 100
652 237
50,000
895,966 100
B oard w alk N at B k .
rl6 9 ,197
200.000
673,010 100
Chelsea N a t B a n k .
231 ,872
100,000
033.716
341 ,277
S econd N at B a n k ..
100,000
052,208 166
201 ,197
U n ion N a t B a n k .
100,000
636 ,126
093,903 100
A tla n tic S D & T rC o
150.000
362,200
506 ,191
G u arantee Trust C o
600.000
469,897
263 ,822
E qu ita b le T rust C o
200,000
491,521 100
252 ,809
M a rin e T rust C o . .
100,000
B ayonne—
183.000 5 .9 5 0.00 0 100
200,000
B ay on n e T rust C o .
50
667,359 9 ,5 1 8,57 0
M ech a n ics’ T r C o . .
200,000
B r id g e t o n —
272,550 1,973,569
100,000
B rid geton N at B k .
554.317 2.6 3 9,83 3
150.000
C um berland N a tB k
116.147 1.226.617 100
150.000
F arm & M er N a tB k
182,766 1,724,433
150.000
C um berland T r C o .
Per share.
C am den—
1361,493 <6,121,611 100
100.000
C am d en N at B a n k .
850.000 14,131,161 100 *226
850.000
First N a t State B k .
25 *114
500.000 1,087,103 10,335,123
C am d en S D & T C o
227,499 3 .7 5 0.00 0 100 £225
250.000
B roa d w a y T ru st C o
100.000 410,303 3,170,289 26 *105
C entral T ru st C o ._
962,695 100 *190
91,097
100,000
E ast E n d T r C o . .
182.467 2,590,031 100 *250
200,000
M erch a n ts’ T r C o 100.000 132,069 1,940,436 100 *225
P arkside T rust C o
100,000 300,587 4 ,1 0 7.44 0 100 * 3 0 2 ^
S ecu rity T ru st C o .
'335,300 2.7 0 0.00 0 100 *235
200,000
W est Jersey T r C o
E a st O r a n g e —
120,958 3,027,373 100
150.000
E ast O range B a n k .
377.046 10,515.368 100
500.000
S av I n v & T ru st C o
316,788 6,8 4 6,53 3 100
200.000
Essex C o u n ty T rC o
Per share.
E liz a b e t h —
256,929 4.373,791 100 165
250.000
E liza beth p ort B C o
50 k80
997.046 8,734.628
700.000
N a tion a l State B k .
82,027 1,300.586 100 120
200.000
P eoples N a t B a n k .
150
85,074 2,429.721 100
100,000
E lizabeth T rust C o
431,515 9,209,030 100
320
300.000
U nion C o T ru st C o
Per share.
H oboken—
25
965,504 9,572,706
500.000
First N ational Bank
297,886 7,371.422 100
500.000
S econd N at B a n k .
77,611 1.251.524 100
100.000
C olu m b ia T rust C o
250,107 4,0 5 3.55 0 100
200,000
H ob ok en T ru st C o .
,000,000 1,534,379 2 4,972,985 100
H ud son T rust C o ._
189,201 5,2 1 6,04 6 100
400.000
Jefferson T rust C o .
229,149 6,756.875 100
200.000
Steneck T ru st C o ._
Per share.
J e rs e y C ity —
252,100 6.295.000 100 250
200,000
C larem ont B a n k ___
260
,000,000 e l.9 5 0 .7 7 2 11,894,937 10C 220
First N ational Bank
932.000 5,100 000 100 400
250.000
H udson C o N at B k
*143.298 e3.670 883 10C 110
200.000
M erch a n ts’ N at B k
230
,000 000 2.7 8 9,70 2 39.770.000 10C fc220
C om m ercial T r N J
160
198.147 4.8 5 9.20 9 100 130
200,000
G reenv B k & T r C o
712,616 5,302,978 10C
Jfc080
600,000
L incoln T rust C o__
130.000 7,521,388 10C 400
100.000
M ercantile T r C o . .
,300,000 1,539,154 17.454,348 10C 350
N J T Gu & Tr C o325
,000,000 2,865,518 38.600.000 IOC &300
T rust C o o f N J ___
391,366 9,825,499 10C 160
500.000
U nion T rust C o ___
L on g B ra n ch —
202,027 1,669,869 10C
100.000
C itizens’ N a t B an k
60
107,580 2,311,071
150.000
L ong B ranch B kg C o
Per share.
M o r r is t o w n —
<307,869 <4,034,104 10C
200.000
First N ational B ank
<139,600 <3,855,545
50
200,000
N a tion a l Iron B an k
S9.160 1,361,152 10C
150.000
A m erican T ru st C o
626,809 7.454.524 100 *185
600.000
M orristow n T r C o .
Per share.
M t. H o lly —
25
*842,857
*82,449
100,000
M t H o lly N at B an k
167,544 1,243,246
50
100,000
U nion N at B a n k ___
87,882
916,468 100
200,000
F arm ers’ T ru st C o .
Per share.
N e w a rk —
720,471 11,336.702 100
300.000
A m erican N a t B an k
3 67,942 6,086,404 100
200.000
B r’d & M a rk et N B
,350,000 1,759,692 12.467,936 100
M e r & M fr ’s N B ._
N atN ew ark A E ssex
,500,000 1,872,917 26,180,904 100
B anking C o _____
e8 7 8 ,141 e6,506,793 100
500.000
N ational State B k .
750,207 7,985,574 100
400.000
N o rth W ard N a t B

c C ap ita l p a id in; authorized am ount Is larger, g A m ou n t p a id in . k N ew s to c k , x E x d ivid e n d ,
15 1922. n In clu din g F id elity S a v . & T r . s to ck . I Last sale, r A p ril 28 1921. * S ept. 6 1921.
v D e c . 31 1921.
b Inclu des M inn eapolis T ru st C o . t Includes M e r. T r . & S av. B an k .

hine 30
e e
& Tr
Sinn. L . 1921.. s toSckp, t .




sh a re.

180
275
128

100

S t. L o u is —
85, 859 1,806,772 100
B aden B an k _____
100,000
2,000,000 1,096, 268 20,476,211 100
B oatm en’s B a n k . .
690, 352 5,367,889 100
Brem en B an k____
200,000
143, 096 3,497,559 100
200,000
Cass A venue Bank
122, 304 2,402,331 100
C hippew a B an k___
200,000
First N ational Bank 10,000,000 e3,623, 277 ell9,615,351 100
626, 771 8,608,174 100
Franklin B an k ____ 1,000,000
102, 789 2,666,894 100
G ran d A ve B a n k ..
200,000
308, 179 7,347,663 100
In tem a t B ank St L 1,000,000
186, 631 3,288,218 100
Jefferson B an k ____
200,000
140, 280 2,811,031 100
200,000
J eff-G ra vois B an k .
872, 921 17,816,032 100
L a fay ette So Side B k 1,000,000
70, 000 2,650,000 100
Low ell B a n k ______
100.000
199, 794 3,914,978 100
M a n chester B a n k . .
250.000
e l , 866, 334
el8,482,670 100
M erch L aclede N at 1,700,000
M issouri N at B ank.
100
200.000
N at B an k o f C om m 10,000,000 e5 ,209,327 62,753,592 100
e204,807 e2.426.188 100
R e p u b lic N a t B k . . 1,000,000
186,899 2,431,336 100
S ou th ’n C om & Sav
100,000
S tate N ation al Bank 2,000,000 1,112,337 15,356,947 100
700,000 7,895,151 100
U nited States Bank 1,000,000
386,446 9,853,349 100
A m erican T ru st C o 1,000,000
104,274 1,576,992 100
B ’w a y S av T r C o ._
200,000
58,400 1,260,000 100
100,000
C h ou tea u T ru st C o
62,155 1,454,692 100
200,000
C ity T ru st C o _____
91,345 1,295,318 100
100,000
E a ston -T a y lorT rC o
140,717 4,156,771 100
Farm & M er T r C o .
200.000
101,997 1,334,926 100
100,000
L aclede T ru st C o__
1,324,155 36,539,090 100
L ib erty C ent T r C o 3 .0 0 0 .
000
7,082,494 48,231,771 100
000
M erca n tile T r C o . . 3 .0 0 0 .
5,066,997 25,518,381 100
000
M iss V ail Tru st C o . 3 .0 0 0 .
58,000 1,250,000 100
200,000
M ou n d C ity T r C o .
140,941 2,306,376 100
100,000
N or St L Sav T r C o
422,571 7,602,294 100
500.000
N orth w est’n T r C o
business
D oes no banking
St L U nion T r C o . .
100
72,336 1,765,324 100
200.000
Savings T ru st C o . .
66,979 2,503,878 100
200,000
South Side T r C o . .
60 433 1,924.737 100
200,000
W est St L T ru st C o

* Sale p rice,

,

Capital.

y C ap ital t o b e Increased.
< M a y 5 1922. a Include*

60

BANKS AND TRUST COMPANIES
N E W J E R S E Y — (C o n c l u d e d )

Capital.
N e w a rk (Con.)—
C ity T ru st C o .
C lin ton T ru st C o
F ederal T ru st C o
Iron b ou n d T r C o
L ib erty T ru st C o .
N ew ark T rust C o
W ashington T r C o
N ew B r u n s w ic k
N a t B an k o f N J
P a s s a ic —
P assaicN B k & T rC o
H ob a rt T ru st C o
P a terson —
First N a tion a l B ank
P aterson N a t Bank
S econd N at Bank
C itizen s’ T rust C o
F ranklin T ru st C o .
H a m ilton T ru st C o
U S T ru st C o _____
P la in fie ld —
C ity N a tion a l B an k
First N ational B ank
State T rust C o ____
T re n to n —
B roa d St N at B ank
First N ational Bank
M ech a n ics’ N at B k
T ren ton B an k’g C o
M ercer T rust C o . .
T ren ton Trust C o .

I

Gross
Surplus
& Profits. Deposits. Par.
100
100
100
100
100
100
100
100
100
100

250 000
100 000
200,000

n818 449 n8 918 004
n283,721 n2 824 269
176,974 4,126,737

100
100
100

1,150,000
100,000
400,000

1,259,375 14,946,275
228,474 3,647.626
719,956 6,956,547

100
100
100

%

230,169
316,946
1,253,894
3 330 £90
443,431
106,110
20,000
259,442
222,023
805,681

500,000
789,120 6,088,291
600,000 n l , 346,959 n ll2 8 5 743
250,000 r»653,409 nl0540 475
1,000 000 1,248,609 21,237 700
579^892 7,523,198
250.000
272,066 2,617,412
150.000
522,358 8,375,088
500,000
700,000 13,350,000
350,000
150.000
200,000
300,000
100,000

264,109
143,009
696,438
109,178

A u bu rn —
C ayuga C o N at Bk
N a t B k of A uburn
A uburn T ru st C o .
B in g h a m t o n —
C itizens B a n k _____
C ity N ational Bank
First N ational Bank
P eop le’s Tru st C o . .

Per share.

First N ational B ank

Per share.

G reenw ich B ank

G oth a m N at B a n k .

600,000 a731,091 a 9 ,191,970
250,000 1,093,241 2,141,726
1,250,000 3,038,291 37,460,975
1,000,000 n l , 650,944 n25699 306
535,541 8,795,828
400,000

100
100
100
100
100

313,377 2,853,419
110,900 2,338,430
283,095 •4,892,459

230
345
240
180

Per share.

B r o o k ly n — State Bank '& Tr st Co. retur
Sept. 15
B an k o f C on ey Isl’ d
200,000
165,700
First N ational Bank
986,500
500,000
G lo b e E xch an ge Bk
200.000
70,200
M ech a n ics’ B a n k .. 1,600,000 1,742,600
M on ta u k B a n k ____
120,400
200,000
M u n icip al B a n k ___
161,500
200,000
N assau N at B a n k .. 1,000,000 1,571,700
P eop le’s N a t B a n k .
200,000
339,700
W est E n d B a n k . .
148,000
200,000
B rook ly n T ru st C o . 1,500,000 3,137,100
K ings C o T ru st C o .
500,000 3,349,700
M a n u fa c t’rs’ T r C o 2,500,000 2,7531800
M id w o o d T ru st C o
290,600
500,000
P eop le’s T rust C o . . 1,600,000 2,764,400

5,932,200
12,382,100
2,365,300
38,641,200
3,173,300
4,650,900
17,122,900
5,824,800
2,308,000
63,797,600
25,307,000
53,466,400
2,111,500
55,146,200

250,000
400,000
600,000

el4 1,31 0 e l , 451,712
r750,940 r 7 ,521,627
644,022 7,958,050

N ew Y o r k C ity — Deposits N. Y. City banks are
are of date Jan. 27 1923. Surplus an d profits ar
’22 for National andSep. 30 ’ 22 for Stat e banks. A
of banks and trust comp anies in N etc York Ci

may be found in our “ Ry.

100
100
100
100

100
100

135
320

165
355

50
100
100
100
100
100
100
100
100
100
100

130
150
225
160

100
100
100
100
100
100
inn
100
100
100
100
100
100
100
100
100

100
100
inn
inn
100

253
95
545
210
350
230
250
130
430
90
175
1090
205
1195
250
187
270
680
360
615

100

240
270
140
435

220
1215
255
193
690
370
625
244
410

448
376
440
315
115
305
183
507
220
255
240
200

455
380
445
320
125
315
186
515
230
265
243
210

100
100

100
100
100
100
100
100
100
100
100
100

5,528,700

100
100
100
inn
inn
100

126,400

6,280,700

10,641,709
41,174,251
10,980,770
0 12669735
9,817,681
7,804,125
31,870,122
18 859 460
20!019,228

100
100

230
230
240
200
125
235
300
500
160

2,000,000
300,000
son ono
30 o !ooo
2 500 000
1,500,000

1,173,742
332,077
450,279
0236,755
1,739,728
1,093,909

17,579.915
3,852,754
5,093,744
02,522,089
38,455,062
24,610,383

100
100
100
100
100
100

172
212
220
150
248
225

600 000
300,000
250,000
100,000
300,000
240,000
200,000

n709,109
c287,219
0442,529
168.770
a l3 9 ,2 0 7
440,967
134,668

n l8 9 9 8 7 8 4
c4 ,995,521
o 3 ,832,244
1,210,713
0 4,064,383
893,472
2,966.268

100
100
100
100
50
100
10c

305
160
220
210
55
300
100

437
310
340
165
365
300

100

551,552
400,000
2,000,000 2,704.334
589,500
500 OOO
75 o !oOO a l , 106,597
360,292
750,000
443,926
400 000
1,000,000 1,455,839
300,000 1,176,928
810,184
1,250,000

145
138
300
337

100

18,509,300
42,759,700
163159200
38,897,700
57.290,000
55,682,700

4,000,000

r list INdliUIldl JodllK.

1 0 0 .0 0 0

158
300
345
335
310
1215

162
310
350
340
320
1235

Per share

490

100
100

inn
100
100
100
100

365

Per share.

257
105
555
220

240
159742000 1 0 0 405
S12483.700 m n 300
s 3 ,129,000 1 0 0 135
3 ,7 6 3,00 0
25 130
2 7 i8 5 4 0 0 0 1 0 0 297
C610714000 1 0 0 333
130
s7,626,000
24,969,000 “ Tno 300
142486000 1 0 0 433
s i , 526,700
s i , 716,000 inn
s74182,000 inn 300
76,846,000 1 0 0 330
s 2 ,448,700 m n i l 5 5
8 1,272,000 1 0 0 345
81,469,200
s6 .3 8 5 ,300 1 0 0 270
820176400 1 0 0

6,6 9 0,30 0
3,7 2 9,00 0
10 0OO OOO 17,336,700
14,528,200
3 000 OOO 4,5 1 0,40 0
U S M tg e
Tr Co
16,021(900
U S T r S o o f N y I I 2 !o o o !o o o

L aw yers’ T itle &

240

470
800
260

Ask.

Per share.

io n
203465000

B k o f N Y & T r C o . 4.000,000 11,879,700 71,359,100
Bankers Trust C o . 20,000,000 2 5,014,300 326672 200
19.079.600 219836 400
C olu m bia T rust C o 5,000,000 7,945,000 9 0,086,700
334,800 9,402,300
C om m ercial T r C o . 1,000,000
2,000,000 2,549,700 45,420.600
15,462,700 261759900
E qu ita b le T rust C o 12,000,000
F arm ers’ L & T r C o 5,000,000 14,889,275 123918178
F id elity In ter T r C o 1,500,000 1,824,100 19,702,600
737,400 9,8 3 3,30 0
F ulton T rust C o ___
500,000
G u aran ty T ru st C o 25,000,000 17,604,500 4 96842700
726,000 6,192,300
500,000

140

100
100
100
100
100
100
100
100
100

17,326,500
844,700
521,000
171,700
3 6,405,500
4 9,730,500
491,800
1,720,800
2 3,230,800
55,300
13,200
4 ,5 1 9,20 0
6 ,7 6 3,50 0
155.700
4,6 3 0,00 0
62,500
277,000
1,055,000
1922.

147786000
s 7 ,631,900
111517000
13,328,000
19,470,000
31,101,000
9,0 3 5,00 0
6,398,000
176802000
s 3 ,546,100
14,324,000
23,224!000
17,6 41 !000
189695000
15,741,000
S16052.000
8,973,000
19,459,000
112439000
s34608,000
29,257,000

Bid.

576,000

Per share.

ns date Sept 3 0 ’ 2 2. Per share.

B u ffa lo —
334,728 7,006,729
L a fa y ette N at B k
750,000
L ib erty B a n k . . . 2,000,000 2,443,638 35,084,913
M a n u f & T ra d N at 2,000,000 r2 ,319,834 r43160509
M a rin e T ru st C o . . 10,000,000 8,614,566 101358116
P eop le’s B a n k _____
954,296 19,582,700
1,000,000
136,121 2,745,677
S outh Side B a n k ___
150,000
B u ffa lo T ru st C o . . 1,250,000 1,250,000 22,747,762
C itizens T ru st C o .
1,250.000 1,695,487 22,586,880
F id elity T rust C o . . 1.000,000 1,239,934 19,794,128
E lm ira —
M erch a n ts’ N a t B k
Second N a t B ank .
C hem ung C an T C o

Per share.

100
100
100

63,832 2,224,664
399,243 2,328,110
r386,471 r6 ,252,282
391,313 6,139,081

.

i,o o o !o o o
500,000
25 000,000
40,000,000
000 OOu
1 non 0 0 0
N a t P ark B ank
io !o o o !o o o
100 000
400 000
3,000 000
Seaboard N at B an k 4,000,000
■ 100 000
2,500 000
200 000
T w en ty -th ird W B k
250,000
Y o rk v ille B a n k ____
200,000
Trust Co. returns da te Sept. 30

210
500
340
235
170

$

9 865 000
173,500
15,967,000
1,311,000
1,820,100
2 055,400
935 000
879,400
11,402,200
89,800
2 0 0 ,0 0 0
1 OOO OOO
776,800
500 000 2,3 5 9,20 0
1 200 000
973,700
io !o o o !o o o 43,6 95 ,3 0 0
1,575,000
1 000 000
1,500.000 1,400,300
500 000 1,267,900
l!7 1 2 ,2 0 0
1 ,0 0 0 ! 0 0 0
5 000 000 20,169,900
1 000 000 1,8 4 7,50 0
L 5 0 0 000 8 ,5 0 0,00 0
610,200
1 OOO OOO
12!500!000 11,066,800
1 0 ,0 0 0 0 0 0
200 000

100
100
00
00
100
100

Gross

$

%

N a t A m erican B k
N at B utch & D r o v .

584,397 7,109,392
250,000
500,000
798 209 7 ,8 0 3 7 2 7
1,000,000 1,560,397 15,202,770
500,000
936,623 9,134,103
100.000 ' 337,253 4,834,444
577,127 7,186,728
500,000

Surplus

eft Profits. Deposits. Par.

10 500 000
1 ,0 0 0 0 0 0
4 500 000
1 500 000
800 000
2 000 000
400 OOO
1 000 OOO
0)075)000

C osm op olitan Bank

100
100
100
100

100,000
200,000
400,000
500,000

N. Y . C ity (Con.)

100
100
00
to o
100
100
100
100

4,969,247
5,573,715
8,143,018
2,146,040

200,000
200,000
150,000

Capital.

ter •nare.

N E W Y O R K — Nat. banks (except N. Y. City), June 30
State Institutions Sent. 30 1922.
A lb a n y —
First N ational Bank
M ech & F a r m e r s ..
N a tC om r B k & T rC o
N Y S tate N a t B k .
A lb a n y T rust C o . .

N E W Y O R K — ( C o n t in u e d )

Ask.

Per share.

$
3,404,829
5,093,472
14,022,243
59 721 527
11 053,675
2,096,213
2 080,000
4, S55,143
2,770,609
8,1 4 2,11 3

S
200 000
200 000
1 000 000
5 250 000
300 000
200 000
200 000
200 000
200 000
300i000

Bid.

[V ol. 116,

S yra cu se—

S yracuse T ru st C o .

240
240

240
.....
170

Per share
175
220
240
160
260
230

Per share
Per share.

100
100
100

repo rted net and
e of date J uneSO
di ci dend re cord
ty an d Broo klyn

N a tion a l C ity B ank

U nited N a t B ank .
T r o y T ru st C o ____

330
165
225
220
57
320

and Ind." Sec., page 239

A m E xch N a t Bank 5.000.00C 7,450,000 92,314,000
A m er U nion B a n k .
200.00C
66,900 s i , 861,200
A tla n tic N a t B ank
1,000.000 1,083,100 S18030700
B an k o f A m e r ic a .. 5,500.000 5,502,500 74,148,000
450,000 s 7 ,0 8 5 ,10C
B an k o f E u ro p e ___
4 50 ,00C
B an k o f M a n h at C o 5 ,0 0 0 ,00( 17,584,000 117315000
B an k of U S ________ 2.000.00C
665,000 s37 37270C
B k o f W ash H eights
200 ,00(
319,800 5,559,00C
B attery P k N a t Bk 1,500,00( 1,190,300 8 ,206.00C
B erardini State B k
150,00(
723,600
s390,700
26,000
B igelow State Bank
100,000
s656,900
B ow ery B a n k .
..
250,000
873,300 4,975,000
B roa d w a y C en t Bk
200,000
111,800 s 3 ,600,300
B ron x B orou gh B k .
150,00(
301,800 s4,703.70C
B ron x N a t B a n k ..
2 00 .00C
253,700 s3,425,50C
B rya n t Park B a n k .
2 00 ,00C
207,300 s2,344,20C
C ap ita l N a t B a n k . 1 ,3 4 6 ,10C
342,500 s2.794.30C
Chase N at B a n k ___ 20,000,000 21,503,700 362114000
C ent M ercnatile B k
200,000
102,800's 2,662,700

100
100
100
100
100
50
100
100
100

290

295

220

224

145
165
215
135

150
175
142

100
100
100
100
100

440
125
153
153

135
150
160
165

100
100

337
210

1340
'225

1

• S a le price, b P aid in . k C ap ital to b e increased, x E x-d iv id e n d . s June 30 1922. a D e c . 3 1 1 9 2 1 . I L ast sale, t M a rch 10 1922. h N ew
Btock. a A p ril 28 1921. y E x -rig h ts. r S ept. 15 1922. d June 23 1920. n M a y 5 1922. c Inclu des F oreign B ranch d ep osits, v D e c . 29 1920.




BANKS AND TRUST COMPANIES

F eb., 1923.]

O H IO — (C o n c lu d e d ).

N E W Y O R K ( C o n c l u d e d ).

Capital.
U tic a —
First N ational B ank
Oneida N at B a n k ..
U tica C ity N a t B k .
C itizens’ T ru st C o
Oneida C o T ru st C o
U tica T r & D ep C o .
W a tertow n —
C ity N ational Bank
Jefferson C o N at B k
W atertow n N a t B k
N orth ’n N Y T r C o

Gross
Surplus &
Deposits.
Profits.

$
$
1,250,000 1,895,008
600,000 e 992,620
1,000,000 r 416,579
817,639
500,000
476,305
250,000
864,007
1,000,000

M t V ernon T r C o
tv Rochelle—
N at C ity B a n k ..
N orth A v e B a n k .
H uguenot T r C o .
N R ochelle T r C o
Ossining— 1st N a t.
Ossining N at B k .
Peekskill—
W estches C o N at
Pleasantville—
M t Pleasant B k .
Port Chester— 1st N
M u tu al T rust C o
Rye— R y e N at B k . .
Tarrytown N at B k .
White Plains—
C itizens B an k ___
W estT itie& T r C o
C ou n ty T rust C o
Yonkers— First N at
Y on kers N at B k .
W estches’r T r C o
Y on kers T rust C o

Par.

Bid.

100 c275
100 230
100 110
100 275
100
100 295

285
235
115
285
300

Per share.
100
100
100
100

7,036,173
8,955,725

100
100

400,000 e 326,833 e 8 ,193,930
59,910 1,474,401
100,000
138,481 3,128,699
150,000
318,198 5.893,153
200,000
100,000 a 102 437 « 906,382
100,000 a 126,017 e l , 874,034

100
100

Per share.
200,000
350,000

272,330
459,009

50

100,072 1.989,276
(155,882 (2,163,138
141,214 3,516,419
d l3 2 ,8 7 7 d l , 572,226
(152.047 (1,498,541

100
100
100
100

100,000
100,000
300,000
50,000
100,000

208,916 3,893,706
150,000
651,743 1,399,919
600,000
320,688 5,342,086
150,000
300,000 a 255,402 e6,811,527
63.000 82,499.000
200,000 a
477,097 7,505,769
300,000
134,220 3,131,162
3 50 ,00 0

100
100
100
50
100
100

N O R T H C A R O L I N A — Nat. bks. Jane 30; State institutions latest returns.

Per share.

C h a r lo t t e —
C h a rlotte N at Bank
C om m ercial N at Bk
First N ational Bank
M e r & Farm N B k .
Security Savs Bank
U nion N at B an k ___
A m erican Trust C o
In d ep en d ’ce T r C o .

375,000
500,000
300,000
200,000
90,000
200,000
1.200,000
1,000,000

433,049
583,037
621,224
418,443
4,370
232,274
597,559
708,575

4,503,690
2,965,242
1.384,554
2,400,176
344,493
2,432,179
6.753,999
4,179,736

100
100
100
100
100
100
100
100

D u rh a m —
C itizens’ N at Bank
F id elity B a n k . _ .
First N ational Bank
H om e Savings Bank
M erch a n ts’ B a n k ..

100,000
100,000
600,000
100,000
100,000

124,710
744,772
499,112
87,000
107.373

1,352,467
6,991,705
3,435,459
1.000,000
1.090.488

100

G reen sboro—
A tla n tic B k & T r C o
G reensboro B kL& Tr
T extile B a n k . . ___

1,200,000
400,000
25,000

R a le ig h —
C itizens N at B ank
C o m m ’l N at B ak
M erch a n ts’ N at Bk
R aleigh B kg & T r C o

300,000
300,000
300,000
100,000

100

4,873,922
2,611,474
392,101

100
100

176,131 4,081,489
204,824 5,733,242
n l5 6 ,8 9 1 » 4 ,186,959
45,745 1,236,391

100
100
100
100

551.876
154,061
107,772

Per sahre.

Surplus &
Gross
Profits.
Deposits. Par .

$
C le v e la n d —
S
%
A m er Sav B ank C o
100,000
183.850 3,043,122
B ro th ’ d o f L o c E ng
C o-O p er N a t Bk
1,000,000
471,147 11,953,794
C ent N B,S & T r C o 1,800,000 2,899,077 34,212.170
104,094 3,5 9 5,44 0
C larke A v e Sav B k .
200,000
C lev Sav & L oan C o
250,000
260,055 2,202,773
Lorain St Sav & T r .
279,809 6,116,671
200,000
M idlan d B a n k .. . 2,000,000
504,172 11,368,744
N ational C ity Bank 2,000,000 e 972,355 e l4 18 3 03 3
Pearl St S & T C o . . 1,500,000
630,341 20,665,702
U nited B k & S av C o 1,500,000
936,933 18,504,842
C levelan d T ru st C o 4,500,000 9.635,422 159336485
G u ardian S av & T r 4,000.000 5,449,765 81,185,544
280,287 10,493.734
State B kg & T r C o
750,000
611,109 2,052,799
U nion Sav & L C o .
900,000
U nion T ru st C o ___ 22,250,000 12,199,063 224291 739
C o lu m b u s —
C itizen s’ T r & Sav
C ity N a tion a l Bank
C olu m b u s Sav Bk
C o m m e r’l N at B k
F ifth A ve Sav Bank
H a yd en -C lin N B k .
H un tington N at B k
M arket E xch Bank
N at B k o f C o m ’ce
First N at B a n k .. .
O hio N ational Bank
S tate S B k & T r C o

100
100
100

100,000 a 399,752 e5,700,689

Capital.

Ask.

Per share.

135,274 1,510,830
100,000
250,000 t 356,801 (3,987,297
325,070 3,312,499
300,000
724,989 7,339,685
400,000

W e s tc h e s te r C o

M t. Vernon— 1st N .

$
1,1295,669
e4,739,848
r4 ,360,639
15,625,615
2,305,206
12,263,030

61

D a y to n —
A m erican N at B ank
C ity N ational B ank
D a y to n N a t B a n k .
M erch a n ts’ N at Bk
& T ru st C o _____
T h ird N a t B a n k ___
W inters N at B a n k .
C ity T r & Sav Bank
D a y to n Sav & T C o

Bid.

Ask.

Per
50
100
100
100
100
100

270

100
100
100
100
100
100
100
100

155
220
240
205
210
183
142
191

260

158
275
209%
215
190
192%

Per share.

900,000
300,060
50,000
600,000
100,000
700,000
1,000,000
100,000
300,000
500,000
1,000,000
400,000

316,888
406,540
96,708
962.717
60,000
1,068,510
347,560
186,676
525,147
a694,449
1,932,448
295,781

17,444,631
6,906,956
1,363,304
7,454.181
1,500,000
8,403,089
11,731.802
3,043,886
5,406.720
o8 .859.168
15,186,698
3,477,879

100
100
100
100
100
100
100
100
100
100
100
100

145
260

155
300

265
250
235

250

275
255
270
330
160

300
295
290
350
175

200,000
400,000
300,000

150,920
386,847
163,771

1,427,401
0,337,677
2,654;220

100
100
100

150
250
160

155
260
165

135.000 2,800,000
200,000
360,479 2,177,146
400,000
1,000,000 < 612,560 8,468,314
101,149 2,724,792
200,000
600,000
707,671 15,346,729

100
100
100
100
100

150
185
160

155
190
170

220

230

275

Per share.

Per

T o le d o —
C o m Sav B & T r C o
D im e Sav Bank C o
First N ational Bank
C o m G u a rd T r& S a v
H om e Sav B ank .
M er & C l’k Sav B k
N orthern N a t B ank
O h io S B k & T r C o .
Second N a t B a n k ..
Secur S B < T r C o fe
S p itze r-R o r T & B k
T o l S av B k & T r C o
U nion Savs B a n k ..

200,000
317,434 8,1 4 2,71 4
252,740 0,744,777
270,000
500,000 r l , 489,140 r8 ,418,775
980,270 2 2,341,980
1,400.000
592,917 5,4 7 1,24 0
250,000
150,000
344,144 2,331,123
1,000,000 1,110,172 9,782,799
1,000,000 1,332,792 27,968,973
1,000,000 2,750.969 12,293,794
440,838 6,693,158
250,000
228,703 2,985,303
300,000
677,117 3,136,939
300,000
376,797 1,232,898
250,000

100
50
100
100
lo o
100
100
100
100
100
100
100
100

Y ou n g stow n —
C ity T r & Sav Bank
C o m m e r’l N at Bk
D o lla r Sav & T r C o
First N ational Bank
M a h on in g N at B k .
M a h on in g S & T r C o

500,000
500,000
1,500,000
1,500.000
1,000,000
150,000

613,490 5,266,961
653,317 5,176,550
1,988,800 12,965,907
2,169,941 13,082,780
459,753 3,390,074
113,566 1,360,935

100
100
100
100
100
100

215
200
330
161
325
300
210
225
320
260
180
295
245

--------- -

Per share.

O K L A H O M A — National banks June 30; State institutions latest returns.

Per share

W ilm in g t o n —
A m er B k & T r C o . .
M u rch ison N at B k .
P eop le’s Sav B a n k .
W ilin Sav & T r C o .

200,000
1,000,000
65,000
100,000

26,307
1,132,449
161,888
315,794

2,076,.‘ 53
8,275,897
1,972,248
3,924,559

100
100
25
50

W in s to n -S a le m
P eop le’s N at B a n k .
W a ch ovia B k & T r .

G u t h r ie —
First N ational B ank
First State B an k ___
O klahom a State B k
S ecurity State B ank

100,000
50.000
50,000
25,000

45,091
9,376
25,572
3.491

2,042,467
850.000
1,083,690
454,945

100
100
100
100

150,000
1,360,200

42,600 1,496,217
1,893,294 22.817,524

100
100

M cA Ie ste r—
A m erican N at B ank
C ity N ational Bank
First N at B o f M e A

100,000
50,000
100,000

38,977
11,279
40,994

1,892,150
546,007
1,474,791

100
100
100

M u sk o g e e —
C om m ercial N at B k
E xch an ge N at B ank
First N ational Bank
M u skogee N at B k .

rl6 7 ,1 7 4 r3 ,565,473
250,000
300,000
rl2 1 ,2 7 7 r 2 ,114,429
500.000 « 224,378 e5,464,075
59,122 2,154,895
200,000

100
100
25
100

O k la h o m a C it y A m erican N at B ank
Farm ers’ N at Bank
F id elity N at B a n k .
First N a t B a n k ___
G u aran ty B a n k ___
L ib erty N a t B a n k .
Okla Stk Y d s , N B .
S ecurity N at B a n k .
Southw est N at B k .
Tradesm ens N at B k

500,000
100,000
500,000
500,000
100,000
600,000
250,000
500,000
250,000
400,000

704,795 13,354,755
150,079 3,000,109
69,477 4,095,881
754,242 14,397,767
29,724 1,576,739
166,207 4,617,792
29,588 2,218,705
302,004 7,711,746
124,194 3,164,709
78,992 3,040,120

100
100
100
100
100
100
100
100
100
100

T u ls a —
C entral N at B an k
E xchange N at Bank
First N a t B a n k ____

1,000,000
1,500,000
1,000,000

440,844 8,634,770
562,199 33,587,925
443,090 15,028,774

100
100
100

N ORTH

D A K O T A — Nat. banks June 30; State institutions atest returns.

F a rg o—
D a kota N a t B a n k .
Fargo N ational B k .
First N ational Bank
M erchants N at B k .
N orthern N at Bank
S ecurity N at B a n k .

Per share.
150.000
50,000
300.000
100.000
100,000
100,000

77,520
15,870
310,601
221,819
35,077
18,141

1,038,839
442,747
4,855,934
1,934,910
1,390,884
290,757

100
100
100
100

O H I O — National banks June 30; Slate institutions latest returns.
C a n to n —
C en t Sav B & T C o_
D im e Savings Bank
F irst N ational Bank
C in c in n a t i—
A tlas N a t B an k ___
B righ ton B k & T r Co
C in n B k & T r C o . „
C itz n s’ N B k & T r C o
C it y H all B an k ____
C olu m b ia B & S C o
C osm op B k & T r C o
E ast E n d B a n k ____
F ilth -T h ird N a t B k
F irst N a tion a l B ank
F ou rth N at B a n k ..
L in coln N at B a n k .
H om e S av B an k C o
N orth Side B a n k ..
Pearl M a rket Bank
P eop le’s B k & Sv C o
P ro v S B k & T r C o
S econd N at B a n k ..
S o O h io S B k & T rC o .
S tock Y a rd s B k ___
W estern B k & T r C o
C entral T ru st C o . .

200,000
52,254 5,299,135
500.000
215,486 4,289,705
500.000 e l , 056,544 e9,540,935

100
100
100

5,618,793
9,296,946
2,589,895
11,717,634
2,977,218
968,127
6,709,797
582,973
«3 6 30 2 0 62
34,911,926
9,3 1 3,44 4
6,382,922
998,472
1,553,382
4,908,997
3,706,508
21,850,063
6,969,221
4.4 6 0.99 6
836,000
12,803,549
6.476.996

100
100
100
100
100
10
50
100
100
100
100
100
100
50
100
100
10
100
100
100
100
100

Per

400.000
215.000
150 000
2,000.000
100.000
100,000

250.000
50.000
3 .0 0 0 .
6,000 000
500.000
500.000
50.000
75.000
400.000
200.000
1,500,000
1 .0 0 0.
200,000
100,000
1,000,000
1,000,000

1,133,307
466,677
164,690
2,094,313
79,064
275,507
173,674
46,544
e2.223.475
000
5,072,170
1,243,124
1,039.008
46,000
159,671
295,668
1,248.854
1,487,542
710,590
000
193,574
180,000
1,056,410
1,487,666

share.

Per

Per

Per share.

Per share.

O R E G O N — National banks June 30; Stale institutions June 30.
P o r t la n d —
G W Bates & C o ._
C an Bk o f C o m ’c e .
C itizens B an k _____
First N ational Bank
H a rtm ’ n & T ’m p s’n
H ibernia C & Sa'v B
L add & T ilto n B k . .
L ive S tock State Bk
N ’western N at B k .
Peninsula N at Bank
U nited States N B k
S ecurity Sav & T r .

100,000
14,187 1,084,284
300,000
106,430 2,945,736
33,121 2,166,711
200,000
2,500,000 e l , 373.904 e 3 1 119118
100.000
16,707
434,412
200,000
162,998 5,290,418
1,000.000 1,867,996 22.232,846
100,000
13,887
784,102
2,000.000 e 478,874 el7 0 1 1 1 5 3
49,772 1,727,922
200,000
1,500.000 e l , 846.222 e31867561
543,170 3,025,778
250.000

100
100
100
100
100
100
100
100
100
100
100
100

Per share

• Sale p rice, h N ew s to c k , k C apital to be Increased, p A m ou n t paid In. * E x -d lv id e n d . a Last sale, d T hese figures d a te D e c . 31 1921.
■ June 30 1922. r M a y 5 1922. e S ept. 15 1922. c Includes Oneida C o . T r . C o . (/M a r ch 10 1922. tIn clu d e s trust dep osits. 1 Inclu des U nion
8 . B . & T r . n S ep t. 6 1921. i A p ril 28 1921. * June 30 1921.




BANKS AND TRUST COMPANIES

62

P E N N S Y L V A N IA —-Nat. bks.{exc. Phila.) June 30; State inst latest ret’ns.

Capital.
A lle n t o w n —
A llentow n N a t B k .
M erchants N at Bk_
R id ge A venu e Bank
S econd N at B ank- _
A llentow n T rust C o
C itizens T rust C o . Lehigh V ail T r C o .
Penn T ru st C o ____

%
1 ,0 0 0 , 0 0 0

400,000
50,000
300,000
150,000
250,000
125,000
300,000

Surplus
& Profits.

Gross
Deposits.

$
901,922
1.104,507
85,695
788,271
221,881
205,127
707,747
177,788

$
6,798,711
5,080,154
985,633
5,204,709
1,630,178
2,379,729
3,513,371
1,866,172

150,000
1 0 0 ,0 0 0

M ou n tain C ’y T C o
E rie—

175,000
250,000
243,000
162,962

500,000
125,000
300,000

436,524
380,000
152,500
469,409
260,217
188,362

2 0 0 ,0 0 0

1 0 0 ,0 0 0

125,000
125,000
750,000
300,000
400,000
125,000
250,000

300,000
125,000
225,000
294,000
250,000
125,000
125,000
150.000

300,000
2 ,0 0 0 . 0 0 0

375,000
300,000
1 0 0 0 ,0 0 0
2 ^ 0 0 ,0 0 0
2

2 d p referred _____
Frankford T ru st Cc
T ru st C o
G erm antow n T r Cc
G ir’ d A v T & T C o .

F r a n k li n

100
100
100
100
100

30

930,000
6,822,336
4,796,626
3,787,066
8,144,523
1,250,000
6,262,179
3.830,514

100
100
100
100
100
100
100
100

92,173
621,809
321,992
425,317
113,280
1,675.618
450,136
676,554
77,471
178,217

1,481,288
3,115,632
1,088,479
1,862,785
738,667
6,089,785
4,156,140
2,826,544
1,432,409
3,150,019

50
25

623,507
224,049
219,294
587,507
140,000
266,000
948,226
125,319
1,215,692
237,071
507,849
212,383

3,321,717
719,636
2,821,087
2,055.107
725,000
1,600,000
5,223,962
892,278
7,381,419
2,242,231
3,111,415
2,768,958

P h ila .— (Con.)
G irard T rust C o . .
G uar T r & S D C o .
H a d d in g to n T & T C o
H am ilton Trust C o
H olm esburg T r C o .
Ind us’l T r, T & Sav
Integrity T rust C o .
K ensington T r C o .
Land T itle & T r C o
L ib erty T & T r C o .
M arket S t T & T C o
M a n a y u n k T ru stC o
M erch Un T rust C o
M etrop olita n T r C o
M u tu al Trust C o . .
N inth T itle & T r C o
N orthern C ent T r
N orthern Trust C o .
N orth ea st’ n T & T r
N o Phila Trust C o .
N o r W estern T r C o
P arkw ay Trust C o
Pelham T rust C o .
P enn C o fo r Insur
on Lives & G r An
Penn W ’h ’g& SD C o
P eop le’s Trust C o
Phifadelphia T r C o .
Phoenix Trust C o . .
P roviden t T ru st___
Real Est T r C o .co m
R eal Est T I & T r .
R ep u b lic Trust C o .
R oxb orou g h T r C o
T a co n y T rust C o _

100

25
50
100
100
100

U nited Sec L I & T
W ay n e June T r C o

25

W est P hila T & T C o

100

360
182

390
190

Surplus
Gross
& Profits. Deposits.

%
$
S
2,500,000 U ,268,303 48,442,792
1 ,0 0 0 , 0 0 0
758,472 9,699,281
135,594 2,976,094
125,COO
2 0 0 ,0 0 0
258,543 3,082,652
125,000
85,672
998,616
500,000 1,532,107 8,331,429
500,000 1,976,446 10,227,936
2 0 0 ,0 0 0
594,466 9,609,799
3,000,000 10,940,181 2 1 ,6 8 6 , 0 1 2
500,000
591,855 3,145,425
547,465 9,403,971
250,000
250.000
270 277 2,456 994
517,582 l ’990i796
500.000
74,196 L 4 9 6.97 4
467,615
206,539 4,131.987
438.038
258,450
50,138 1,257,431
200 000
61,311 1,594,765
500.000 2,495,249 9^574,499
2 0 0 .0 0 0
42,426 1,012,034
620.694 6,944,836
250,000
150.000
768 988 7,556,501
125,000
40 069
969 774
158,902 1,727,218
150,000
2 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0

6,036 055
304 757
166 771
1 ,0 0 0 , 0 0 0
5,665,993
300,000
66.728
2 ,0 0 0 , 0 0 0
5,538,222
1,319,600 11,173,798
1 918,300 /
1,500,000 3,685,137
500,000
274,804
150,000
99,580
150,000
215 499
125,000,
74 709
1 ,0 0 0 ,6 6 6 ! 1,125,526
160.000
98 437
2 ,0 0 0 0 0 0
2,077 926
677,629
500,000
634,450

100
100

200

220

250
116
592
135

260

110

120

50
100
100

50
50
50

124

Ask.

Per share.

_____ Z 361
____ Z 14034
_____ z 1 2 1
_____ z 171
_____ z 85 %
_____ z 197' '
_____ z 241
_____ z 6034
_____ z >16
_____ z 131
_____ l 190 34
l 80
l 78
l 62
_____ z 53

100
100
100
100

50
50
50
50
100

50
50
25
50
50
50
50
50

l

l 6234
..........z 5 0 3 "
50 _____ z 55
50 _____ z 192
l 326
50

100

l

100
100

121

I 146

z 570Ji
39,597 767 1 0 0
z 102
824 289
50
z 70
2,673 344
50
. z 640
20,010,719 1 0 0
1,147,623
50
Z43 34
13,895,341 1 0 0 _____ z 517
6,631,882 ) 1 0 0 _____ z 1 1 0
z 118
r 100
z 44234
7,059,090 ' 1 6 6
z 60 '
3,412,822
50
1,897.941
50
~ 270
l
1,672 726 1 0 0
l 100
1 831 903
50
l 127J4
2,433 310 1 0 0
l 115
1,817.300 1 0 0
l 170
14 200 935 1 0 0
l 171
6,002,936
50

122

605
140

237,152
3.470,274
148,814
809,974
4,737i497
5,647,119

2,693.995
22,237,000
(2,344,707
9,316,000
21,831,000
51,065,000

50
100
100
100
100
100

_____ Z
_____ Z
_____ Z
_____ z

Z61M
306
Z79
303
575
423

P it t s b u r g h —
A llegheny Val B ank
A ll N ations D ep B k
A n ch or Sav Bank _
Arsenal B a n k _____
Bank of P ittsb , N A
B k o f Secured S av s.
C itizens Sav B an k .
C ity D ep osit Bank
C olu m bia N at Bank
D ia m on d N at Bank
D ollar Savings Bank
D u quesne N at Bk
E xch an ge N at Bank
Farm ers D ep N a t . .
Farm ers D ep os Sav
F ifth A venu e Bank
First N Bk o f B ir m .
First N ational Bank
F ourteenth St Bank
Freehold B a n k ____
H o m e w ’d P eop Bk
I ron & Gla ss D*ol Sav
L iberty N at Bank
L ib erty Sav B an k .
M a n u fa ct’rs B an k.
M arine N at B a n k ..
M etrop olita n N B k.
M on ongahela N Bk

1 0 0 ,0 0 0

75,000
1 0 0 ,0 0 0
1 0 0 .0 0 0

300,000
125,000
150.000
2 0 0 ,0 0 0

600,000
600,000
500,000
750,000
6 ,0 0 0 , 0 0 0
1 0 0 ,0 0 0
1 0 0 ,0 0 0
1 0 0 ,0 0 0

5,000,000
200 000
2 0 0 ,0 0 0

50,000
172,700
500 000
2 0 0 ,0 0 0
1 0 0 ,0 0 0
1 0 0 ,0 0 0

300,000
7,500,000

P enn Savings B ank

2 0 0 ,0 0 0
1 ,0 0 0 , 0 0 0
2 0 0 .0 0 0
■ 100 000
200 000
1 0 0 ,0 0 0

T h ird N at B a n k ___

3,000,000
'300,000
500,000

U nion Savings B k

H ill T r P S & T C o .
M anchester Savings
M e rch Sav & T r C o
M e tro p o lita n T r C o
O akl’d Sav & T r C o
P eop le’s T ru st C o .
P ittsburgh T r C o
P otter T itle & T rC o
P rov iden t Trust Co
R eal E st S & T r Co
R eal E sta te T r C o
South H ills T r C o . .
P enn T r C o ________
U nion T rust C o .
W illia m Penn T r Cc
W ork in g m a n ’ s Sac

2 ,0 0 0 0 0 0
1 ,0 0 0 , 0 0 0
1 ,0 0 0 , 0 0 0

250^000
700,000
2,600,000
1,500,000
450,000
1 ,0 0 0 , 0 0 0
1,320,000
2 ,0 0 0 , 0 0 0
175,000
165,400
150,000
250 ,00C
125,000
125,000
2 0 0 ,0 0 0

250,000
2 ,0 0 0 , 0 0 0

500,000
150,000
400,000
2 ,0 0 0 , 0 0 0
125,000
300,000
125,000
1,500,000
350,000
125,000
125,000
1 0 0 ,0 0 0

127,597

2,026,328
1,906,063
3,582,468
454,791
280,524 1,350,722
*4,533,466 8 43517020
181,032 2,180,292
739,701 8,723,502
1 260 0 0 0 11,900 000
1,330,712 8,608,402
1,925,297 14,934,193
2,070,722 38,515,901
'769,549 7,205,093
sl,0 0 4 ,3 2 8 86,577,408
2,399,882 37,566,275
941,944 9,551 859
172,885 1,913,034
173,009 1,917,794
5,490,077 48,910 952
244,502 4,778.258
1,076,194 1,484,732
99 447 2,472,708
408,222 3,179 989
898 097 7,373 471
164,901 2,037,427
70,992 2,403,071
278 017 1,232,902
216,077 2,278,212
4,897 399 93 060 151
d43,690 d l , 549,784
2,115,786 11,358,180
505 070 5,400,000
102,981 1,565,958
258 147 1,170,470
126,439 1,472,536
6,618^702 12^902,022
n l ,332,197 n5,583,183
390,297 2,801,043
5,273 022 22,990,794
1,319.396 24,610,485
675,917 5,498,796
434,626 3,012,044
705,170 4,272,946
4,068,999 17,736,767
1 501,774 10,553,133
327,317 U 333i520
1,326 j ) l l 9,251,149
’521, 77 1,826,937
5,157 783 13,451 263
187,953 2,702,596
191,068 1,963,000
1721437 2,319,128

50

8 8 ,2 1 1

50
50
50
50
50
100
100
100

50
50
100
100
100

50
100
100
100
100

50
100
100
100
100
100
100
100

50
100
100
100
100
100
100
100

50
100
100
100
100

_

25

1 0 0 _______
50 _______

215,047 2,845,506
5( _______
982,284
47,976
50 ______
40,541 1,245,251 1 0 0 ______
316,971 4 ’ 380,695 IOC ______
178,794 2,159,670 100 _______
2.316.07C 14,220,237 1 0 C _______
26R98C 4,521,216 1 0 C ______
106.00C 1.200.00C 10C
86.20C 4,161,185 10C ............
2,063,486 3,574,634 10C ______
134,261 L293.81S 1 0 c ............
3 63 ,90C 3,486,036 1 0 c ______
57.50C
6 0 0 1 6 0 8 ____
38,676,79, 85,340,734 1 0 c ______
7 9 5 ,46( 6.745.46C 1 0 c ___
4 6 8 ,00( 3.700.00C
5( ______
95,80
1,331,951 ____
1,418,72 3 9,088,471

• S a le p rice, o C ap ita l p a id in; authorized am ount Is larger, b C ap ital to b e Increased, d M a y 5 1922.
i L ast sale. • M a rch 10 1922. * Sept 15 1922. (J u n e 30 1922. h N ew s to c k , n D e c . 3 1 1 9 2 1 .




Bid.

3 a r.

220

50

210
120

100
100
100

Z70
114,497 (1,678,949 1 0 0
1,452,000 5,960,000 1 0 0 _____ z 560
2,969,850 35,574,000 1 0 0 _____ z 250' '
8,501,977 51,892,000 1 0 0 _____ z 306
5,341,764 56,579,000 1 0 0 _____ z 575
2 0 0 0 ,0 0 0
7,467,375 61,917,000 1 0 0 _____ z 421
50 _____ z 118
596,000 4.629,000
350 000
784,270 (4,372,101 1 0 0 ___ z 406
200 000
2,250,634 17,570.000 1 0 0 ____ z 283
1 0 0 0 ,0 0 0
104,898 2,440,027
50
Z50
300 000
312,199 (4,760.069 1 0 0 . . . . 125
500 000
2 nn non
862,009 (6,390,511
50 _____ 225M
Jinn ftflf)
i5 4 ,9 8 2 (1,433,394 1 0 0 _ - - Z 130' *
250 000 1,722,000 8,553,000 1 0 0 _____ z 483
.
500 non 1 417 000 1 0 ,2 1 0 , 0 0 0 1 0 0
375
466,229 6,107.000 1 0 0 _____
400 000
19514
890,000 6,369,000 1 0 0 _____ 40134
200 000
125 000
i3 7 574 2,942,918
50 _____
111
182,142 3,107,345
50
250 000
100
- - - 366
2 828 121 12,601,000
1 000 000
77,786 5,028,113
50
200 000
. "z 397
5 000 000 11,205,071 103838000 1 0 0
652 000 4,849,000 1 0 0 . .
16034
500 000
280*000
903 060 (7,542,194 1 0 0 - . . 31734
800 0 0 0
504 000 5,179,000 1 0 0 ____ 225'
500 000
748 000 10,113,000 1 0 0 . . . . z 2 2 1
200 000
. 140
185 000 1,739,000 1 0 0 .
850 000
59 345 2 5 0 7 ,6 4 0
50
Z45
355i000 4,351,000 1 0 0 _____ 204
500 000
400 000
301 000 3,881,000 1 0 0 _____ 125
1 000 000
1,327,000 8,723,000 10 0 _____ 250
LOOO.OOO 2,307,644 14,422,000 10 0 _____ 270
Ann one
230
827 717 13,958,001 106
70
50 ..........
88,176 1,742,323
100 000
602,440 2,744,671 10 0 _____ 233
750 000
144,909 2,138,142
50 ______ Z60 34
158 100
50 _____ 1 0 1 3 4
750,000
962,997 10,7C’ -979
130
186,989 3,652,820 10 0 _____
300 000
693,420 7,414,090
56 _____
130?4
500.000
231
668,277 4,794,164 10C . : _
400 00C
2 000 ,00C 3,577,517 27,421,224 10C _____ 39034
1 noo onr
2 116,460 9,100,294 10C _____ 322 *
i jo oojooc 1 3 1 2 ,60C 11,819,762
5C ____ 1 4 1 3 4
156 575
2
Z0
2
104 53C 1,062.626
5C ____
Z6434
800 0 0 C
295 661 3,668,044
175' "
251,475 3,633,851 106
2 ooiooc
106 ___ 51814
5 2 0 0 onr 16,973,560 39,574,091
rti 4 7 n nnr \
105 '
/ 1 0 ( _____
J2,898,65( 2,081,671 \ 1 0 ( .......... 106
a L 5 3 0 'o a i
694,101 6,022,901
561 _____
173
250 ,00C
1 108 4Qf 1 103 491 12,714,29s 101 1 . . : 2 2 0 3 4
lio o o io o c U347.98C 12,176,601 106 _____ 2 5 5 "
219,321 2,810,536
561 _
_ 8534
2 00 ,00C
300,000
275,000
1,500 000
3,000.000
1 500,000

Tradesm ens N at Bk

2,704,987
2,447,724
1,446,595
2,418,871
1,822,693
1,661,243

banks date Jan 27 192 3
and Profits June 30 1 922
Per share.

P h ila d e lp h ia —

Mat VUr nf Mn Philfl.

110

470
85

196
415
155
485
83
115
475
95

Capital.

Per share.
2 0 0 ,0 0 0
2 1 0 ,0 0 0
2 0 0 ,0 0 0

2 0 0 ,0 0 0

N orthern T r & S C o

30
25
50
50

193
413
140
475
78

Per share.
2 0 0 ,0 0 0

•300,000

G u aran ty T rust C o

50
100

100,500
1,012,676
563.559
280,572
941,135
53,000
575,777
553,954

H a r r is b u r g —

L a n c a s te r —
C onestoga N at B k
First N ational Bank
Fulton N at Bank .

Per share.
100
100

116.

P E N N S Y L V A N IA — ( C o n c l u d e d ) .

Ask.

Per share.
125,000
300,000
300,000
2 0 0 ,0 0 0

Secur Sav & T r C o .

Bid.

Per share.

A lt o o n a —

A ltoona T rust C o . .

Par.

[V ol.

» S ept. 6 1921.

5 1........
1

x E x -d lr id e n d .

T E N N E S S E E .— Nat. banks June 30; State institutions latest returns.

P E N N S Y L V A N IA (C o n c l u d e d ) .

Capital.
R e a d in g —
Farm ers’ N at Bank
Keystone N a t Bank
N ational U nion B k
Neversink B an k ___
Penn N at B a n k ___
R eading N at B a n k .
Schuylkill V ail B k .
Second N at B a n k ..
Berks C o T rust C o .
C olonial T rust C o .
Pennsylvania T r C o
Reading T rust C o .
S cra n ton —
C ounty Sav B a n k ..
E lectric C ity B a n k .
First N ational Bank
Green R id g e B a n k .
K eystone B an k____
N orth Scranton B k
Providence B a n k ..
Peoples S & D im e B k
South Side B an k___
T hird N at B an k ___
T raders’ N a t B an kU nion N at B an k ___
W est Side B an k ___
A nthracite T r C o _ .
Lincoln T rust C o . .
W ilk e s -B a r r e —
Dim e B k T it & T rC o
First N ational Bank
Luzerne C o N at Bk
M iners’ B k of W -B .
Penn B k & T r C o ._
Second N at B a n k ..
South Side B k _____
W -B D ep & Sav B k
W yom ing N at Bank
W yom ing Val T r C o
W illia m s p o r t —
First N ational Bank
L ycom in g N at B k .
West B ranch N B k .
W illiam sport N B k .
N orthern C entral T r
C o ______________
Susq T r & S D ep C o
Y ork—
C entral N at B a n k .
C ity B a n k _________
D rov & M ech N B k
First N ational Bank
W estern N at B a n k .
Y ork C o N at B a n k .
Y ork N a t’l B a n k ..
G uardian Trust C o
Secur T itle & T r C o
Y ork T rust C o ____

*
400.020
100,000
200,000
100,000
100.000
500.000
100.000
300.000
500.000
500.000
1,000,000
500.000

Surplus &
Deposits.
Profits.
S
1,081,549
d322,992
d 9 9 1,559
109,349
e316,732
1,185,107
296,565
912,777
219,299
218,969
1,239.741
860,575

$
5,790,015
d l , 512,788
d2,320,907
555,023
e4,336,409
6,108,854
1,077,275
1,799,959
4,102,430
2,446,501
10,932,268
1,962,842

Par.

Bid.
110

25 1 20
50
75
240
215

100
10
100

300
20
14
200
250

115
2Q5
1 25
88
270
220
305
22
225
260

share.
400.000
431.960 5,974,769
80,000
109.908 1.160.813
1,500,000 d 2 ,617,372 d 2 5 605109
50.000
43,475
568,113
125,926 1,133,592
50.000
1,900,000
100.000
161,000
104,326 1,239,184
75.000
3,337 12,695,078
700.000
176,477 2,310,067
60.000
1,403,142 7,968,948
400.000
500.000
856,097 7,049,912
500.000
228,667 2,890,220
271,067 2.294.813
60,000
246,815 2,410,293
250.000
129,334 1,534,547
200.000

100 223
50 100
100 450
90
50
50 104
50 115
50 108
100 400
50 151
100 500
100 405
100 127
50 216
50 t97
100 126

243,943 1,986,520
200,000
375.000
662,717 6,070,209
400.000 d433,672 d3.495,612
750.000 2,7 4 0,86 0 10,199,210
205,369 2.442,915
200.000
1,000,000 d 2 .162,868 d 8,474,369
101,606 1,482,202
125.000
300.000
558,191 4.591,289
150.000 1,094,192 3,882,714
350.000 1,088,221 6,266,698

50
100
100
50
100
100
50
50
50
50

100
98
260
255
155
160
195 ’ 205
230
225
280
270
90
85
245
250
140
130
182
175

100
100
100
100

250
235
525
235

300.000
200.000
500.000
250.000
500.000
400.000
200.000
250.000
100.000
500.000
225.000
300.000
500.000
300.000
250.000
300.000

507,491 3.355,791
e374,279 e l , 533,844
2,049,679 4,835,794
e345,704
e838,106
330,027
467,973

410

225
130

Per share.

Per

1915,910
181.397
260,000 3,518,960
175,374 1,237,128
1225,000 13,750,000
182,480 d l , 916,200
608,172 2,494,493
400,423 2,682,608
233,577 1,771,105
128,725 1,753,753
225,141 2,867,066

110
125

Per share

2,938,995 100
2,388,722 fl 50
100 120
92
50
100 210
100 165
100 140
55
20
25
48
44
25
49
50
80
50

200,000
100,000
120.000
300,000

el4 0,71 7 e2,042,422
e727,764
e87,039
e462,734
e72,000
248,772 2,067,859

50
50
60
100

500,000

1,777,579 16,146,189

100

881,303
630,972
2.550,097

G r e e n v ille —
A m er B k & T r C o . .
Bank o f C om m erce
C itizens T ru st C o _
Farm ers & M er B k
First N ational Bank
N orw ood N at B k . .
W ood sid e N at B k
S p a rta n b u rg —
A m erican N at B k .
Bank o f C om m erce
Bk o f S partanburg.
Central N at B ank
D ollar Sav B ank
First N ational B ank
M er & Farm B ank
Southern T rust C o .

200,000
d l 10,935 d 2 ,396,074
200,000
368,949 4,218,347
1,000,000
957,118 8,281,306
200,000
223,659 2,538,244
150,000
207,971 1,343,456
200,000
517,914 2.350.96C
35,368
391.03C
50, 00
500,000 d 488,095 d 3,933,357
50,000
25,729 1.955.54C
50,442 1,300.877
100,000
225,000
300,000
100,000
50,000
150,000
500,000
200,000
50,000
200.000

80,000
105,049
9,367
41,817
212,397
948,795
373,114
42,747
61,597
126,554
29,049
104,878
269,720
14,900
197,204
120,000
31,000

430,281
670,679
755,339
1,694,077
360,000
2,220,078
900,000
329,513

N a sh v ille —
A m erican N at Bank
B roa d w a y N at Bank
Central N at B a n k .
Farm & M erch B k .
First S B k A T r C o .
F ourth & First N B
Tennessee H erm itage N at B a n k ___
A m erican T ru st___
N ashville T rust C o
State B ank & T r C o

Per share.
Per share.

100
25
20

Per share.

100 180
100 125
100
100 165
100
100 150
100 245
100 155

100
100

Per share.
100
100
100
100
100
100 _______ _____
Per share

3,000,000
600,000
500,000
50,000
500,000
200,000
150,000
300.000
150,000
100,000
50,000
1,800,000

2.674,586
e497,749
*821,623
66,697
37,097
164,027
157,020
e l 4 5 ,141
159,141
82,000
76,320

20,481,574
*5,697,409
e4,950,789
1.966,928
3,783,992
2,210,764
3,790,736
e 3 ,016,723
4,944,977
550,000
1,226,237

775,836 25,948,161

100 t/280
100 195
100 285
100 475
100 165
100 230
25 140
100 160
100 230
100 100
100 270

300
200
290
500
170
240
150
170
240
125
280

185

200

100

Per share
1,500,000
300,000
300,000
200.000
220,000
1,100,000
300,000
500,000
350.000
100,000

1,568,997 16,167,717
272,549 3,328,942
99,027 1,218,245
71,326 1,557,924
130,917 5,056,951
1,348,197 17,527,992
85,429
50,444
435,904
44,075

1,516,161
3,599,373
3,524,709
1.548,376

100
100
100
100
100
100

265

100
166
100

135
170

275
280
145
190

265

275

100
100
235
165

105
110
245
175

300
150
250
250
350
130
170
250
150

185
90
100
155

250 ,00C
400,000
250,000

Per share.

500,771 4,362,786
d400,530 d 6 ,032,901
183,997 2,136.505

10C
100
100

2,000,00C d 2 ,310,728 d36 982921
1.000.00C
423,947 3,333,556
1.500.00C d 2.965.28C d22 62466C
500,000
d l2 2 ,4 1 5 d 3 ,828,799
d l5 9 ,7 0 8 d 8 ,865,559
1,000,000
296,720 3,033,700
150,000
d662,514 d l 6 082327
2,000,000
1,000,000
319,998 10,369,271

10C
10C
10C
10C
10C
10C
10C
100

355
80
385
125
130
260
102
145

360
81
390
130
132X

El P a so —
B ord er N at B ank .
C ity N a tion a l Bank
First N ational Bank
State N at B ank .
A m er T r & Sav B k .

200,000
500,000
1,000,000
300,000
350,000

10C
100
100
100
100

110
140
180
250

120
155
200
300
100

F ort W o rth —
C ontin ental N at B k
F arm & M e ch N B k
First N a tion a l Bank
F t W o rth State Bk
F t W o rth N a t Bank
S tockyards N at Bk
T exas State B a n k . .

750,000
1,000,000
1,000,000
100,000
600,000
200,000
300,000

G a lv e s t o n —
C ity N ational Bank
First N a tion a l Bank
Sou T exas State B k
T exas B an k & T r C o

200,000
200,000
200,000
600,000

D a lla s —
A m E xch N at Bank
C entral State Bank
latest returns. C ity N ational Bank
D allas N at B a n k ..
Per share
R ep u b lic N at Bank
N at B k of C o m m ’ce
. Southwest N at B k
' D allas T r & Sav B k

10C
100 276
10C 141
10C 225
10C 225
10C 325
10C 125
10C 160
100 225
100 140

*
*50,000
*700,000
e305,447 *6,203,900
692,047 5,067,709
221,317 2,396,978
*233,117 *1,291,424
187,822 5,134,789

Par share.
100
100
100

B ea u m on t—
A m erican N at Bank
First N a tion a l Bank
Texas B ank & T r C o

57
50

1,600,000
881,364
291,047
989,710
1,192,766
3,958,771
2,284,004
1 270,510
1,034,391

150,000
100,000
179,000
400,000
100,000
500,000
100,000
60,000

M e m p h is —
Bank o f C o m & T C o
C ent State N at B k .
F irstN a tion al Bank
A m er S B & T ru st.
G u aran ty Bk & T r .
L ib erty S B k & T r .
M a n Sav B k & T r .
N ational C ity Bank
N o M em p his S B k .
S ecurity B k & T r C o
State Savings Bank
U nion & Planters’
B ank & T rust C o

150,000
500,000
400,000
500,000
300,000
200,000

Asi.

169

S O U T H C A R O L IN A — Nat. banks June 30; State institutions latest returns.
C h a r le s t o n —
A tlantic N at B an k.
A tlan tic Sav Bank
B k o f C harl’n .N B A
C arolin a Sav B an k.
E xch B k g & T r C o
First N ational Bank
M iners & M erch Bk
P eop le’s N at Bank
S ecurity Sav Bank
So C ar L ’ n & T r C o

K n o x v ille —
A m erican N a t Bank
C ity N ational Bank
E ast T enn N at B k
H olston N at B a n k .
T h ird N at Bank
U nion N at B a n k ___

$
$
$
483,726 2,586,246
500,000
750,000
507,350 4,691,830
1,000.000 d l , 154,703 14,037,860
786,702
500,000
94,961
e747,725 elO,052393
1,500,000
250,000
152,837 2,662,982

Bid.

T E X A S — National banks June 30 State institutions latest returns.
Per share.
A u s t in —
3 00 .00C dl,100,O0C d 5 ,700,927 10C
A m erican N at Bank
d766.812 d 6 ,008,258 100
A ustin N at B a n k ..
300,000
d56,404 d l,4 6 6 ,0 5 3 100
State N a tion a l B k .
100,000

Per share.

46,000
73,971
299,540

C h a tta n o o g a —
A m er T r & B k g C o
C hattanooga S Bk
First N ational Bank
First T r & SavB ank
H a m ilton N a t B ank
H a m ilton T r & S B

Surplus &
Gross
Profits.
Deposits. Par.

210
100
share.

808,142 2,305,827
25
50
500,000
150,000
60,344 1,620,197
50
95
120,000
166,794 1,785,965
50
50
500,000
308,339 5,202,495
89
1,000,000 d l , 574,437 d 7,864,752
50
850,000 e l , 345,922 e4 ,601,799
50
500,000 1,605,780 12,335,337 100 125
450,000 1,046,441 1,789,660
50
500,000 1,302,537 2,745,792 100 230
56
300,000
159,417 3,131,390
50
4,000,000 8,124,627 93,744,794 100 293 H 305
3,000,000 6,035,163 66,359,822 1000
705,837 13,749,179 100 126
1,000,000
100,000
100,000
200,000

Capital.

Ask.

Per share.
30

1 no

R H O D E IS L A N D — Nat. banks June 30; Stale institutions
N ew p ort—
A quidneck N at B k .
N at Excha nge Bank
N ew port N at Bank
N ewport T ru st C o .
P a w tu ck et—
Slater Trust C o ____
P r o v id e n c e —
Blackstone C an N at
C olum bus E xch Bk
High Street B a n k ..
M echanics’ N a t B k
M erchants’ N at B k
Nat Bank o f C om m
Nat E xchange Bank
Phenix N at B a n k ..
Providence N at B k
W estm inster B a n k .
Industrial Trust C o
R hode I H os T r C o
U nion Trust C o . .
W oon sock et—
C itizens’ N at B ank
N ational G lob e B k .
Producers’ N at B k .

63

BAitfKS A-ND TRUST COMPANIES

Feb., 1923.]

d 2 0 1 ,001 d 2,415,581
d57,999 d 6 ,730,897
d222,677 dlO 515015
185,304 4,338,944
12,402 2,502,454

Per share.

105
150

Per share.
n2,627
d383,230
n688,392
52,100
1,573,571
d225,294
256,345

n 4 ,737,726
(710 111546
n l3 0 49 2 6 1
1,134,000
12,894,239
d 3 ,056,888
5,607,855

100 100
100 ylOO
100 250
100 100
100 400
100 250
100 275

110
140

300
300

Per shart

H ou ston —
First N ational Bank
G u aran ty N at Bank
H ouston N at E x Bk
L u m b er’ns N a t B k
N at Bank of C om m
P eoples State B an k
State N at B an k ._
U n ion N at B a n k .. .
Sou T exas C om m ercial N at B ank . .
G u ardian T rust C o
San A n to n io —
A la m o N at Bank
C ity N ational Bank
F rost N ational Bank
G roos N at Bank . .
L o ck w o o d N at B k
N at B k o f C o m m ’ce
San A n ton io N a tB k
C entral T rust C o
C o m ’w ’lth B & T C o
G u aran ty State B k .

1,000,000
1,000,000
1,000,000
250,000
200,000
600,000
500,000
200,000
300,000
150,000

W aco—
T exas State B k & T r
C entral N a tio n a l..
C itizen s’ N at Bank
First N ational Bank
First State B & T C o
L ib e rty N a t B a n k .
N a tion a l C ity Bank
P rov iden t N at B k .

300,000
500,000
250,000
600,000
300,000
300,000
100,000
300,000

d234,853 d 6 ,252,936
d259,742 d 2 ,464,215
183,571 3,343,715
520,519 7,750,080

100
100
100
100

160
150

185
160

250

No minal pricei

2,000,000
200,000
800,000
600,000
500,000
150,000
200,000
1,000,000

787,227 21,082.738
55,949 1,037,793
e853,079 e7,958,007
610,000 8,650,771
423,544 4,899,172
28,159 1,645,702
60,000 2,535,713
1,224,799 14,428,739

100
100
100
100
100
100

1,000,000
'3 00,000

1,324,177 20,192,670
256,827 1,610^951

100
100

4,573,772
8,200,968
5,564,220
1,378,171
2,350,072
3,271,477
1,725,701
3,120,541
1,752,787
1,677,783

100
100
100
100
100
100
100
100
100

304,629
318,817
673,442
136,044
367,112
267,424
224,697
39,727
117,670
90,034

100

Per share.

Per share.
20,290 1,374,560
168,339 2,462,804
167,707. 1,417,367
253,497 4,904,775
157,002 1,532,079
126,032 U 530.212
38,929
282,398
257,297 2,434,759

100
100
100
100
100
100
100

• Sale p rice , o C ap ital and surplus to b e Increased, i: C ap ital to b e increased, p A m ou n t p a id in . j E x -d iv id e n d , y N ew s to c k . I L ast
sale, d S ept. 15 1922.
n S ept. 6 1921. t June 30 1921.
s A p ril 28 1921. g In clu din g First S . B ank & T r . C o . s to ck , e M a y 5 1922. e ln c lu d t l
trust fu n d s. » N o v . 15 1920. r D e c . 31 1921.
fE x -r ig h ts .




BANKS AND TRUST COMPANIES

64

W E S T V I R G I N I A — Nat. banks June 30; State institutions latest returns.

U T A H — National banks June 30; State institutions latest returns.

Capital.

Gross
Surplus &
Deposits. Par.
Profits.

O gden—
C om m ercia l N at B k
F irst N ational Bank
N a t B ank o f C om m
O gd en Sav B an k ___
O gden State B an k .
U ta h N at B a n k ___

$
100,000
150.000
250.000
150.000
100,000
500,000

$
156,694
372,177
57,300
165,000
203,470
151,877

S a lt L a k e C it y —
C ontin ental N at B k
D eseret N a t B a n k .
D eseret S av B a n k .
N ational C op per Bk
U tah State N at B k .
U tah Sav & T r C o .
W alker B ros, B ’kers
Z ion Sav B k & T r C o

600,000 *
500,000
500,000
300,000
1,000,000
300,000
650,000
1,000,000

$
1,446,840 100
2,161,965 —
1,125, 12
1,925,401
5,028,945
2,441,707 " i o o

Bid.

—

Ask.

—

Per share.
119,977 *2,812,288
713.119 4,427,027
346.121 5,157,843
88,074 4,406,869
412,522 7,331,046
108.390 1,556,896
492,680 17,193,252
371,919 9,586,334

100
100
100
100
100
100
100
100

150
271
206
145
102
107
227
207

[ V o l. 116.

155
275
209
150
103
110
230
208

Gross
Surplus
& Profits. Deposits. Par.

Capital.
W h e e lin g —
Bank o f O h io V a lle y
C entre W h e e l’g Sav
C lt iz e n s ’ - P e o p l e ’ s
T ru st C o ________
H a lf-D o lla r S av B k
N at B ank o f W V a .
N at E xch an ge Bank
Q uarter Savs B a n k .
So Side B k & T r C o
D o lla r S av & T r C o
S ecu rity T ru st C o .
W h eelin g B an k &
T ru st C o ________

$
175.000
100.000

$
73,689
75,000

Bid.

Ask.

Per share

*
1,533,210
1,750,000

70
100

300.000
188,917 2,918,694
201,315 2,379,218
100.000
500.000 e 416,532 e5.737,390
500.000 s 634,747 e5,317.644
200.000
107,500 1,055,700
100,000
168,440 1.528,005
750.000 1.492,235 11,607,175
300.000
372,000 3,012,000

100
100
100
100
100
100
100
100

300,000

100

545,294

4,877,475

W IS C O N S IN — National banks June 30; State institutions latest returns.

Per

V E R M O N T — Nat. banks June 30; State institutions latest returns.

Per share.

B a rre—
G ran ite S B < T rC o
fc
P eop le’s N a t B a n k .
Q u arry S B k & T C o .

75.000
100,000
100,000

B u r lin g to n —
H ow a rd N at B a n k .
M erch a n ts N at B k .
B u rlin gton T r C o . .

52,024
75,909
42,370

2,251,778
2,541,990
1,520,175

100
100

500.000
150.000
250.000

293,704 62,008,887
*202,572
*577,739
451,710 3,630,367

100
100
100

M o n tp e lie r —
C ap ital S B < T r C o
fe
First N a tion a l Bank
M on tp elier N at Bk
M o n tp ’r S B& T C o

100,000
100,000
150.000
100.000

131,044 2,696,399
*62,276 s i , 682,916
115,567 1,518,710
222,572 4.223,966

100
100
100
100

R u t la n d —
B a x ter N at B a n k . .
C lem ent N a t B a n k .
K illln gton N at B k .
R u tla n d C o N at Bk
R u tla n d T ru st C o .

100,000
100,000
100.000
100,000
50,000

*76,998
*377,526
*211.597 *2,324,419
109,179
357,677
• 93,987 1,124,446
189,297 2,568,286

100
100
100
100
100

Per share.

Per share.

Per share.

V I R G I N I A — National banks June 30; State institutions latest returns.
L yn ch b u rg—

L yn ch b u rg T r & SB

675,000
1,000,000
500,000
300,000

1876,795 15,417,416
1850,839 13,726,073
1738,077 12,873,064
354,277 2,787,670

N o r fo lk —
C itizens B an k— .
N a t B k of C o m m ’ce
T ru st C o of N orfolk
N orfolk N at B a n k .
S eaboard N at Bank
Virginia N at B a n k .

736,074 6.500,272
1,000,000
1.200,000 1.708,124 15,299,726
943,259 5,713,551
1,000,000
1,000.000 *1,262.413 e9,273,382
599,497 7,519,994
800.000
259,744 3,786,366
500.000

100
100
100
100
100
100

R ic h m o n d —
A m erican N at Bank
B an k o f C om & T r .
B road Street B a n k .
B roa d w a y N at B k .
C entral N at B k —
First N ational Bank
M e ch & M erch B k .
S tate & C ity Bank
< T ru st C o
fe
. .
Planters N at B a n k .
Sav B ank o f R ichm
U nion B k o f R ich m
W est E nd B an k .
R ich m on d T rust C o
Virginia Tru st C o . .

share

100
100
100
100
100
100
100
100
100
100
100
100
100

W Y O M IN G — National banks June 30.

C itizens N a t B a n k .
First N ational Bank
S tock G row ers N B
235
280
200
220
200
175

240
300
205
230
210
190

Per share.
3,047,337
2,835,751
2,778,727

100,000
169,009 1,574,778
200,000
213,501 5,5 3 9,69 6
100,000 e 321,114 « 4 ,554,889

100
100

218,829
352,138
278,029

937,920 11,191,732
1,000,000
186.293 3.674,983
500,000
438,090 4,927,292
300,000
r»60,747 n l , 428,698
200.000
261,017 5,572,062
500,000
2,000.000 *2,093.805 *26238362
215,000 1,500,000
100,000
400.000 *1,860.569 *15212792

100
100
25
100
100
100
100
100

247
230
80
127
200
272
325

1,320,000 _________
2,184.072 10,646.793
376,743 1,871,582
950,884 2,060,311
137,166 1,173,466
254,550 2,283,144
1,130,422 4,350,710

25
100
25
50
25
100
100

67
395
95
164
75
101
325

CANADA.
Returns are all of date Oct. 31 1922.

100
100
100

1 000 000
600,000
500,000

N OVA SC O T A.

Capital
Paid in.

1.200,000
1,000.000
200.000
500.000
100,000
1,000,000
1,000,000

255
235
83
225
275

29,279
10,942
630,122
489.437
65,049
255,147
913,444
313,631
158,572
67,492
895,467
91,274
80,704

837,978
4,153,664
19,186.051
11,011,794
4,924,706
5,127,429
18,976,962
5,366.744
4,052,030
2.588,273
21,705,914
2,192,788
9,391,786

103
332

100
100
100
100
100
100
100
100
100
100
100
100
100

100,000
1 .0 0 0.
400.000
1,200,000
100.000
1 .0 0 0.
200,000
200,000

1,574 1,393,146
279,755 eS,445,695
000 e
« 146,530 e3,942,721
e 721,019 e 19294851
59,271 1,549,085
557,808 9,704,771
000
95,537
186,304
89,821 1,478,118

1,000,000
300,000

310,635 14,687,126
64,661 2,393,344

100
100

H a lifa x —
$
$
S
B an k o f N o va S cotia 09,750,257 19,077,887 165053783

Bid.
Per

100

256

4,850,000 53,265,022

100

Per
163

T o ro n to —
B an k o f T o ro n to . 95,000,000 6,000,000 70.281.341
C an Bank o f C om m "15,000,000 15,000,000 282722759
D om in ion B ank . 6,000.000 7,000,000 97.181.252
550,000 18,465:149
H om e Bk o f C anada 1,960,052
Im perial B k . of Can 07,000,000 7,500,000 89.279.078
Standard B an k ____ 4,000,000 5,000,000 60,410,406
Sterling B k o f C a n . 1.232,900
500,000 15,616,819

100
100
100
100
100
50
100

H a m ilt o n —
B ank o f H a m ilto n .

5,000,000

Ask.
cent.
257

cent.

198
199

189
199
200

180
203

204

Per

M o n tr e a l—
B ank o f M o n tre a l. .
Banque d ’ H ochelega
M o lso n ’ s B a n k ____
P ro v in c’l B k o f C an
R o y a l B k o f C anada

100
100
100
100
100
100
100
100

T a com a —
N a t B k o f T a co m a .
P u get S d B k & T r C o

not per sh are.

QUEBEC.

share.

Spokane—
B an k o f M o n tr e a l..
E xch an ge N at B k . .
F id elity N at B a n k .
O ld N ational B a n k .
S candinav-A m er B k
S pok & East T r C o .
U nion T rust C o ___
W ashington T r C o .

Deposits. Par.

per cent,

O N T A R IO .
67 M
i
415
98
167

Per share.
400.000
200.000
1.600.000
500.000
200.000
300.000
1.000.000
500.000
100.000
200.000
1,000.000
600,000
600,000

Reserve
Fund.

Prices are

Per share.

W A S H I N G T O N — Nat. banks June 30; State institutions latest returns.
S e a t t le —
B an k fo r S a v in g s ..
C a n a d ’ n Bk o f C om
D ex ter-H orton N B
First N ational Bank
M a rin e N at B a n k _.
M e tro p o lit’n N a tB k
N a t B k of C o m m ’ce
N a t C y B k o f Seatt
P eop le’s Sav B a n k .
Seaboard N a t Bank
Seattle N at B a n k . .
A m Sav B k & T r C o
U nion N a t B an k ___

share

100

312,719
29,412
464,742
26,767
94,570

Per share.

P etersbu rg —
V irginia N at B a n k .

Per

100
100
100
100
100

108,062 4,0 6 2.44 8
200,000
300.000
37,149 1,768,706
6,000,000 *4,849,579 *77796861
1,000,000
357,199 9,271,494
500,000 *1,178,275 e9 ,331,784
1,000,000 1.633,202 22,464,999
66,544 2,301,366
130,000
400.000
165,274 2,278,331
100,000
28,488
524,965
1,000,000
1386,876 16,413,904
500,000
1738.417 17.512,725
1,000,000 1,700,761 30,826,148
400,000
474,267 2,819.126
200,000
52,301 2,410,144
800,000
903,334 1,902,141

share

Per

M ilw a u k e e —
B adger S tate B ank
C ity B a n k ________
First W iscon sin N B
A m er E xch B a n k ..
M arine N at B a n k ..
M arshall < Ilsley B k
fc
M e r & Farm S ta te .
M e r < M a n u fac B k
fe
M llw C o m m ’l B ank
N at B k o f C o m m ’ ce
N at E xch an ge Bank
S econd W ard Sav B
W est Side B a n k ___
N o rth A v e S ta te___
First W ise T ru st C o

3,4 7 9,37 2
756,616
4,2 9 0.64 4
970,668
1,965,063

400,000
25,000
500,000
60,000
100,000

C heyenne—

100
100
100
100

L yn ch b u rg N at Bk

L a C ro ss e —
B ata via n N a t B an k
E xch an ge S tate B k
N at Bk o f L a C rosse
S ecu rity Savs B ank
S tate B k o f La C r ’se

27.250,000 27,250,000 544136360
04,000,000 4,000,000 52.806.758
04,000.000 5,000,000 53.330.635
3,000,000 1,500,000 27.881,493
20,400,000 20.400,000 358473172

Q u ebec—
B anque N a tlo n a le .
U nion B ank o f C an

0 8 ,0 0 0 , 0 0 0

2,904,190

400,000 38,099,631
6,000,000 101232018

cent

233
151 X
171%

100
100
100
100
100

219 %

100
100

9 9 % 100
138

SASKATCHEW AN.

Per share.
W eyb u rn —
W e y b u rn Secur B k .

524,560

225,000

2,979,328

100

• Sale p rice, a S ept. 8 1920. g T h is 13 cap ita l paid in . authorized am ount is larger, x E x -d iv id e n d , a A pril 28 1921.
r M a y 5 1922.
S ep t. 15 1922. n D e c . 31 1921. k Includes one-third o f a share in D ex ter-H orton T ru st & Savings B an k s to ck .
d M a rch 5 1917. h N ew
s to c k . »J u n e 30 1921.