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TUf TWO S E C T I O N S — S E C T I O N T W O ommerria* yUhronidp BANK AND QUOTATION SECTIO N. PAGES 1 TO 64 INCLUSIVE IN D E X T O T H IS S E C TIO N PAGE REVIEW OF JAN U ARY........................... NEW YORK STOCK EXCHANGE— 5 RECORD OF BOND SALES AND PRICES.. 12 23 RECORD OF STOCK SALES AND PRICES.. GENERAL QUOTATIONS STEAM RAILROAD BONDS__________ 30 STEAM RAILROAD STOCKS.................. 34 JOINT STOCK LAND BANK BONDS.. 35 JOINT STOCK LAND BANK STOCKS. 35 FEDERAL LAND BANK BONDS........ 48 REAL ESTATE BONDS______________ 35 PUBLIC UTILITY BONDS____________ 36 PUBLIC UTILITY STOCKS___________ 41 INDUSTRIAL & MISCELL. BONDS.. 43 ’W e h a v e n o e x t r a INDUSTRIAL & MISCELL. STOCKS. . 44 EXCHANGE SEATS____ ______________44 TEXTILE MANUFACTURING STOCKS— NORTHERN MILLS___________________ 44 SOUTHERN MILLS___________________ 45 CANADIAN MILLS_____________________45 MINING STOCKS__________ 45 INSURANCE STOCKS AND SCRIP... 45 REAL ESTATE TRUST &LAND STKS. 45 TITLE GUAR. & SAFE DEP. STOCKS. 45 U. S. AND MUNICIPAL BONDS_____ 48 CANADIAN MUNICIPAL BONDS___ 49 FOREIGN GOVERNMENT BONDS.. . 49 BANKS AND TRUST COMPANIES... 55 CANADIAN BANKS__________________ 64 c o p ie s o f t h is S e c t io n Z B n e"bx,-nax*y 5, 1927 WILLIAM B. DANA COMPANY, PUBLISHERS F ront, P inb & D epbyster Sts., N bw Y ork. Copyrighted in 1927, according to Act of Congress, by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. ®. THE MUTUAL LIFE Insurance Company of New York Abstract of Statement December 31, 1926 Income during Year 1926 .......................................... $174,712,401.10 Disbursements under Policy contracts during year 1926 99,385,259.85 Reserves and L i a b i l i t i e s ........................................... Contingency and Dividend Funds Assets - 704,454,625.58 - 93,697,508.10 ............................................................... 798,152,133.68 Insurance in F o r c e ..................................................... Annuities in Force- - - - - 3,515,355,080.00 - 2,516,407.62 C H A R L E S A . P E A B O D Y , President W ILLIA M H. TRU ESD ALE, Vice-President G R A N V ILLE M . W H IT E , JAMES TIM PSO N , - - - - - - - - - - - - - - 2nd Vice-President - 2nd Vice-President and Financial Manager - W ILLIA M A. H UTCHESON, - - - - W IL L IA M SH IELDS, - - - - 2nd Vice-President and Real Estate Manager - - - - - 2nd Vice-President and Manager of Agencies G EORGE K . SA R G E N T, - W IL L IA M L. SIM R E L L , ) W IL L IA M F. D IX , \ _ _ - _ - _ 2nd Vice-President and Actuary _ _ _ _ _ _ _ Secretaries $ a i j e r s 0 t t , §| Quick to serve you at all times % First National Bank Statement at Close of Business Dec. 31 1926. ASSETS— Time Loans--------------------------------------- $4,751,353.85 U. S. and Other Bonds______________ 2,884.228.00 — ------ ------- $7,635,581.85 Cash and Balances in Banks_______ $2,564,604.34 Due from U. S. Treasurer___________ 14,550.00 Demand Loans--------------------------------944,236.00 -------------------- 3,523,390.34 Banking House_______________________________________ 352,072.00 Safe Deposit Vaults-------------------------------------------------30,350.00 Customers Liabilities Account of Acceptances _ 74,671.72 $11,616,065.91 LIABILITIES— Capital Stock--------------------------- ---------------------------„ Surplus Fund---------------Undivided Profits------------------------------------------------Deposits---------------------------------------------------------------Circulation----------------------------------------------------------Dividend No. 182-185________________ Acceptances Executed for Customers____________ Corn E x c h a n g e National Bank $300,000.00 630,000.00 230 , 063.00 9,835,333.69 290,997.50 45,000.00 74,671.72 $11,616,065.91 OFFICERS W H ITFIELD W . SM ITH, President R O BERT J. N ELDEN, Vice-Pres. F R E D ’K D. BOGERT, Cashier. JOHN B. BROW N, Asst. Cashier. W ILFRED E. R ILEY, Asst. Cashier. JOHN T. DEIGHTON, Asst.Cash Philadelphia PROMPT A TTE N TIO N GIVEN TO COLLECTIONS THE HANOVER NATIONAL BANK OF THE CITY OF NEW YORK ESTABLISHED 1851 CAPITAL, $5,000,000 S U R P L U S & PRO FITS. $26,000,000 ACTS AS TRUSTEE, E XE C U T O R , ETC. IN Q U IR IE S INVT FED REGARDING SERVICE IN EVERY FIDUCIARY CAPACITY SAFE DEPOSIT &TRUST CO. OF BALTIMORE Chartered 1864 Capital $1,200,000 Organized 1867 Surplus & Profits Over $4,000 000 Acts as Trustee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of reorganization. Acts as Executor, Administrator, Guardian, Trustee, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. SECURITIES HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS H. W ALTERS, Chairman o f Board JOHN J. N ELLIGAN , President NORM AN JAMES JOHN W . M ARSHALL, Vice-Pres. SAMUEL M . SHOEMAKER BLANCHARD RA N D A LL ELISHA H. PERKINS WALDO N EW COM ER ROBERT GAR R E TT GEORGE C . JENKINS HOW ARD BRUCE MORRIS W H ITRIDG E ANDREW P. SPAMER, 2d V.-Pres. H. H. M . LEE, 3d Vice-President JOSEPH B. KIRBY. 4th Vice-Pres. GEO. B. GAMMIE. Treasurer C . R. T U C K E R, Asst. Treasurer JOHN W . BOSLEY, Asst. Treas. E. H. CROMWELL, Asst. Treas. SEVENTY YEAR S BANKING EXPERIENCE T h is b a n k h a s a fo r c e o f 400 t r a in e d t o t h e e x a c t in g n e e d s o f b a n k in g . W ith 70 y e a rs e x p e r ie n c e , t h e N a tio n a l B a n k o f C o m m erce in S t. L o u is h a s a s tr e n g t h t h a t is n o t in d ic a t e d in its C a p it a l, S u r p lu s a n d P r o fit s o f m ore t h a n $14,000,000. T o -d a y w e o p e r a t e e ig h t d is t i n c t a n d c o m p le te d e p a r tm e n ts u n d e r t h e p r o t e c t io n o f n a t io n a l b a n k in g la w s, c o m b in in g in o n e b u ild in g , a n d u n d e r o n e m a n a g e m e n t, C o m m e rcia l, B o n d , T r u s t , S a v in g s , L o a n s , F o r e ig n E x ch a n g e , S a fe ty D e p o s it, a n d C r e d it D e p a rtm e n ts . T h o s e s e e k in g a c c u r a t e , r a p id , s a t is fa c t o r y a n d in t e r e s te d se rv ice c a n g e t it h e r e . National Barik^Commerce Federal Commerce TrustCorapany iW L j ) j|T | S t 'L O U l S Tradesmens National Bank Philadelphia, Pa. 2 Report of C on d ition of The Anglo & London Paris National Bank OF SAN FRANCISCO At the Close of Business Dec. 31 1926. Report of Condition at the Close of Business Dec. 31 1926. RESOURCES— L o a n s a n d I n v e stm e n ts ____________________________ $19,091,671.14 C u s to m e rs ’ L ia b ility u n d e r L e tte r s o f C red it a n d A c c e p t a n c e s _______________________________________ 5,345,979.03 3,222,236.35 D u e fro m B a n k s ____________________________________ E x ch a n g es fo r C lea rin g H o u s e _____________________ 1,462,358.40 C ash a n d R eserv e___________________________________ 1,937,195.56 A c c r u e d I n t e r e s t ____________________________________ 46,350.73 $31,105,791.21 L IA B IL IT IE S — C a p ita l_____ ______ $1,000,000.00 S u rp lu s , U n d iv id ed P ro fits a n d R e se rv e s __ - ___ 3,336,073.55 U n ea rn ed D is c o u n t _________________________________ 84,343.63 C ir c u la t io n __________________________________________ 492,500.00 L e tte r s o f C red it a n d A c c e p t a n c e s ________________ 5,434,076.47 A cc e p ta n c e s o f O th e r B a n k s S o ld ________________ 275,106.81 D e p o s its ______________________________________________ 20,483,690.75 $31,105,791.21 O F F IC E R S HOW ARD A. LOEB, President H. D. MCCARTHY, Vice-President E. W ILLIAMS, Vice-President & Cashier S. E. GUGGENHEIM , Vice-President HOW ARD E. D E IL Y , Assistant Cashier J. M . FRIZZELL, Assistant Cashier C LYD E F . BROW N , Assistant Cashier RESOURCES— Due from Federal Reserve Bank, Cash£and„ Sight Exchange______________________________________ It $34,478,977.10 U. S. Bonds and Treasury Certificates------------------13,434,779-68 Bonds and Securities_____________________________ 8,719,150.36 Stock in Federal Reserve Bank___________________ 240,000.00 Banking House, Vaults and Fixtures (and other Real Estate)____________________________________ 2,528,760-80 Due from U. S. Treasurer, 5% Redemption Fund-205,000.00 Customers’ Liability a|c Acceptances______________ 8,009,234.21 Loans and Discounts_____________________________ 72,045,635.50 Other Assets______________________________________ 703,417.64 $140,364,955.29 LIABILITIES— Capital Stock_____________________________________ $5,000,000.00 Surplus and Undivided Profits____________________ 4,171,897.50 Unearned Discount_______________________________ 122,710.81 Dividend No. 35 and Extra, payable January 3, 1927 300,000.00 Circulation_______________________________________ 4,020,200.00 Bills Payable with Federal Reserve Bank---------------- 11,350,000.00 Acceptances sold Federal Reserve Bank with our endorsement____________________________________ 422,740.25 Other Liabilities__________________________________ 699,893.04 Bonds Borrowed_______________________- __________ 700,000.00 Liability account Acceptances executed for customers 8,116,899.30 Deposits__________________ 105,460,614.39 $140,364,955.29 Contingent Liability a |c Letters of Credit issued but not yet drawn against_____________ $9,991,153.07 DIRECTORS ROBERT DOLLAR SIG, STERN K. R. KINGSBURY A. W. FOSTER CHAS. C. MOORE J. J. MACK M. FLEISHHACKER J. C. M cKINSTRY R. D. ROBBINS, Jr. C. F. HUNT ADOLFO STAHL M. MEYERFIELD.-Mr. HERBERT FLEISH HACKER W ALTER E. BUCK WM. F. HUMPHREY MOSES A .'G U N ST PAUL SHOUP W. E. W ILCOX B. F. SCHLESINGER JOSEPH O. TOBIN THE FRANKLIN-FOURTH STREET NATIONAL BANK of Philadelphia has ample facilities to meet all your requirements and solicits your business. Capital, Surplus and Profits over $24,000,000 Bank and Q uotation SECTION OF THE r ^ M E R O n r ^ F lNANClAL~ Q h BONICLL Copyrighted in 1927, according to Act of Congress, by WILLIAM B. D ANA COMPANY, in office of Librarian of Congress, Washington, D. C. VOL. 124. B ank and NEW Y O R K FEBRUARY 5 1927. Q u o t a t io n S e c t io n The Bank and Q u otation Section, issued monthly, is furnished without extra charge to every annual subscriber o f the C hronicle. The R ailway Earnings Section, issued monthly, containing the sworn returns o f earnings and expenses filed each month with the Inter-State Commerce Commission, is likewise furnished without extra charge to every annual C hronicle subscriber. The Bankers C onven tion Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers Association, Is also furnished without extra charge to C hronicle subscribers. The P ublic U tility C om pendium , issued twice a year. In April and October, is also furnished without extra charge to every annual subscriber to the C hronicle. The Railway and Industrial Com pendium , issued twice a year on the last Saturday in M ay and November, is also furnished without extra charge to every annual C h ron icle subscriber. The State and M unicipal Com pendium , issued semi-annually on the ast Saturday of June and December, is likewise furnished without extra charge to every annual subscriber to the Comm ercial & Financial C hronicle. Terms for the C h ron icle, Including the six supplements above named, are $10 per annum within Continental United States, except Alaska, $11.50 In Canada and $13.50 in other foreign countries and United States Pos sessions and Territories. File covers for the C h ron icle are sold at $1.00 each (postage 15 cents additional). File covers for Supplements can be had at same price. CHICAGO OFFICE.— 208 South La Salle Street. LONDON OFFICE.— Edwards & Smith, 1 Drapers’ Gardens, E. C. WILLIAM B. DANA COMPANY, Publishers Front. Pine and Depeyster Streets, New York. REVIEW OF JANUARY— COMMERCIAL AND FINANCIAL EVENTS. During the opening month of the New Year, trade indi cations continued to give evidence of a shoving down in business in most of the major industries of the country, though a prominent exception was the cotton goods trade, which has been stimulated by the low price of raw cotton, while the revival in cotton goods has served to stimulate some other branches of the dry goods trade, particularly in the line of fine goods. In all these respects January repeated the experience of the closing months of 1926, which were marked by moderate trade recession with cotton goods a prominent exception. In the country’ s foreign relations there were some unex pected developments with respect to Nicaragua and with Mexico, while the Chinese situation also assumed a disturb ing phase, which required definite announcement of a policy on the part of the Administration at Washington as regards the whole situation in China, in which unfortunate country civil government has for so long been in a state of almost complete chaos, owing to internal military conflicts in which the Cantonese or South China armies have sought to gain the ascendancy over the Government of North China, estab lished at Peking. The latter has really been holding only nominal control and been fast losing all authority under the rapid development of a nationalistic sentiment in China led by the Cantonese forces. The result altogether was an up rising in China against all foreigners with the demonstra tions particularly directed against the British. These matters had no influence, or any bearing of much consequence, on trade in the United States, but did put somewhat of a damper on British trade which had been rapidly reviving since the ending of the coal miners’ strike in Great Britain at the close of the previous November. The Manchester cotton goods market gave evidence of a halting tendency, the fear being that Great Britain might become involved in actual war with China, though the British Government pursued a very conciliatory course and ap peared to be striving most earnestly to prevent a rupture NO. 3215. with China, while yet determined to extend protection to British interests in the foreign concessions at Shanghai, and proceeding rapidly to concentrate large forces at these con cessions, which, however, only further embittered the Chinese. One other event of some importance was the announcement by Premier Poincare on Jan. 25 before the Finance Com mission of the Chamber of Deputies that the French Govern ment meant to maintain the paper franc between 122 and 125 to the pound sterling or about 25 K to the dollar. This announcement was followed by a statement by the Premier that “ sufficient geld had been sent to America to constitute abroad large enough reserves of foreign currencies to enable the Bank of France to interfere as often as necessary to maintain the present level.” Now the business community of France, “ which has been greatly affected by the past fluctuations in the value of the franc,” said the Paris representative of the New York “ Times,” discussing the Premier’s announcement, “ has confidence that there will be neither any too sudden ascent or descent. The Bank of France is provided with sufficient foreign funds to meet all ordinary speculative attacks and the situation has been improved by the dispatch of a gold reserve to the United States.” He added: “ This announcement of the Premier has considerably cleared the political air around the Palais Bourbon and in financial and business circles, where his long hesitation between stabilization and continued revalori zation has recently caused considerable disquiet. Now French manufacturers and business men can adapt prices and conditions to the stable value of their money, which is fixed at a rate which the Premier believes will enable them to hold their own in the world markets.” The statement made by M. Poincare was summarized in part as follows by the Paris representative of the New York “ HeraldTribune:” M . Poincare stressed the amazing financial recovery of the nation and cited columns of figures in support. He made three impressive points: the tremendous increase in tax receipts, the amazing recovery of the franc from about 249 to the pound to 122 and the repayment by the Government to the Bank of France of more than 3,000,000,000 francs. M . Poincare announced that when he took over the Finance portfolio six months ago the State owed the Bank o f France 38,500,000,000 francs and that there were only 1,000,000 francs in the Treasury. Three days later the Treasury had 771,000,000 francs, as a result o f the use o f the Morgan credits. The first steps toward recovery were traced in August and September. Even in August money from the sale of national defense and Treasury bonds reached 1,340,000,000 francs and in September were 338,000,000 above the monthly obligations. The franc’s recovery permitted the Treasury to buy foreign currencies to meet the maturities of the external debts. The extent of the franc’s recovery was shown by the fact that the average rate in July was 199 to the pound: in August, 172, and in September, 170. The Treasury, therefore, was able to repay the Bank o f England £3,500,000, the British Treasury £2,000,000 and the Government o f Uruguay 1,500,000 pesos. M . Poincare added that the excess in buying bonds over the refunding of Government obligations amounted in October to 2,000,000,000 francs: in November to 2,500,000,000 francs and in December to 500,000,000 He said the situation was so improved on Dec. 1 that a decree was issued lowering the interest rate on the National Defense bonds from 3.60 to 3% . By Jan. 30 he will be able to complete the suppression o f the short-term three-month bonds. M . Poincare said the Treasury was able easily to face all public expenses and had at the same time accumulated large reserves abroad to buy foreign currencies in the event o f another drive against the franc, and to pay its foreign obligations. He believes the Treasury has all the foreign currencies necessary to meet obligations during the entire year. He enumerated certain loans abroad for the French railways. In September a Swiss loan o f 60,000,000 Swiss francs; in October a Dutch loan o f 30,000,000 gulden; in November a Swiss loan of 75,000,000 Swiss francs and in December a Dutch loan o f 25,000,000 gulden. W ith the products o f these loans the State railways repaid the Treasury a o .the advances granted by the State since 1920. 4 MONTHLY REVIEW Comparirg the Bourse rates for State “ rentes” and securities which were issued by the Treasury, M . Poincare said the bondholders had realized n the last six months an increased value in these holdings o f 17,000,000,000 paper francs. As already stated, trade and industry, at least in the leading or basic lines, during January displayed the same characteristics as in the closing months of the old year, that is, showed signs of lessened activity, with the volume of trade not quite up to that of the corresponding period of the previous year. Statistics for the month of December, as they appeared, made it plain that the downward reaction in certain industries had been far more pronounced than any one had supposed. This was particularly true in the case of automobile production, the Department of Commerce reporting the output of passenger cars and trucks for Decem ber at only 165,663, as compared with 255,860 in November and no less than 311,400 in December 1925. This made the output the smallest of any month since the beginning of 1922. Steel production in the United States during Decem ber also showed a further falling off after the decline in November, quite in contrast with the state of things existing at the close of 1925, when production kept steadily expanding in the closing months of the year. The American Iron and Steel Association calculated the production of steel ingots in Dec. 1926 at 3,472,000 tons, against 3,722,119 tons in November and 4,092,548 tons in October and comparing with 3,970,918 tons in Dec. 1925. Not only that, but all the signs pointed to a product in Jan. 1927 substantially below that of Jan. 1926, when the output of steel ingots was estimated at 4,150,469 tons. The latter part of the month the steel business increased somewhat, but the increase was very moderate and was at the expense of prices. The “ Iron A ge" in its issue of Jan. 27 remarked that bookings of steel had increased during the week then past but prices had given way. Tests of the price of two cents at Pittsburgh for steel bars and shapes for 1927 needs had finally established that 1.90c. would apply on sizable orders. This situation it was asserted grew out of the short range scale of buying, which had made for an expansion in the classification of preferred buyers. The “ Iron Trade Review” of Cleveland on its part said that not in many months had the finished steel market been so highly competitive. Business not having come back as expected after the holidays, producers had gone after it in vigorous fashion and in a moderate way they had succeeded. The “ Age” expressed the view that the end of January would probably show bigger bacldogs than did the beginning. Ingot output at Chicago had again reached the 80% mark but the Pittsburgh district still averaged 70%. Pig iron prices also declined and the “ Iron Age” declared that these price concessions and talk of a possible soft coal strike on April 1 (when the contract with the bituminous coal miners has to be renewed) had helped to make pig iron buyers more receptive to the solicitation of sellers. Reductions in wages by important independent producers of coal and coke in the Connellsville region (where wages the latter part of 1926 had been sharply advanced as a result of the large export demand for coal growing out of the British coal miners’ strike) indicated that increased fuel costs at blast furnaces were more remote than had been generally believed. The “ Iron Age” made the composite price of finished steel Feb. 1, 2.396c., against 2.453c. a month earl er and the composite price of pig iron 819 21, against 819 71 a month earlier. Prices of the minor metals also tended further downward. Lake copper at New York dropped from 13)^ to 1 3 ^ e . very early in the month and after getting back again to lSJ^c. Jan. 14 suffered a renewed decline the latter part of the month with the quotation Jan. 31 13U£c. Electrolytic copper after declining from 13.00c. to 12%c., recovered to 1 3 ^ - Jan. 13, but was back to 12J4jC. Jan. 31. Lead at New York declined from 7.80c. to 7.40c, while the price of tin dropped from 67)^0. to 64%c. with the close Jan. 31 at 65%e. Prices of petro leum and its products moved higher, except that some cuts occurred in kerosene. In the case of crude oil, the Joseph Seep Purchasing Agency on Jan. 14 posted prices 25e. per barrel higher than these in effect, except that in the case of the Buckeye Pipe Line the advance was 30c. per barrel. These advances canceled the reduction made several months before and brought prices back to the scale in effect July 8 1926. Gasoline price changes were numerous, the most of them being upward. As a few illustrations, the Standard Oil Co. of New York on Jan. 10 raised the price at Albany one cent per gallon, making the tank wagon quotation 19c. and the service station price 21c. per gallon. On Jan. 11 the Sinclair Refining Co. advanced the tank wagon price [V ol. 124. of gasoline 2c. a gallon in Georgia, Florida, Alabama and Mississippi, effective Jan. 12. On Jan. 26 the Standard Oil Co. of New York raised the price of gasoline in New England one cent a gallon to 23c. at service stations and 21c. from tank wagons, other companies following suit. The same company on Jan. 27 made a further advance of one cent a gallon in Albany, making the new tank wagon price 20c. and the new service station price 22c. On Jan. 28 the Tide Water Oil Co. raised he tank wagon price of gaso line in New Jersey, Maryland and the District of Columbia one cent a gallon, and the next day the Standard Oil of New Jersey and the Texas Co. announced a similar increase. On Jan. 31 the Atlantic Refining Co. announced an advance of one cent throughout Pennsylvania and Delaware. Earlier in the month some reductions in gasoline prices had been announced at a number of different points. Prices of kero sene appeared to have been cut all around, though this was followed by some slight upward reaction in a few in stances. At New York the price for water white kerosene in tank cars at local refineries was 9c. Jan. 31, against 9% c. the previous Dec. 31. In tank cars delivered to the trade the quotation Jan. 31 was 10c., against l l % c . Dec. 30. In the textile trades the situation continued to brighten in the cotton goods division, with the low price of raw cotton the stimulating influence. As it happened, too, the price of cotton showed a rising tendency, removing any hesitancy on the part of consumers of goods to replenish their very much depleted stocks of goods that might have existed if raw cotton had shown renewed depression. As it was, quotations were at low levels notwithstanding the upward reaction. Middling upland spot cotton in New Y ork was quoted Jan. 3 at 12.80c., from which figure there was an advance of almost a cent a pound to 13.70c. Jan. 2 4 and to the same figure again on Jan. 28 (after a recession to 13.50c. Jan. 26 and Jan. 27) and with the price Jan. 31 13.55e. Print cloths at Fall River, where the outlook was perhaps not so bright as in other branches of the trade, declined from 5 % c. to 53^c.. for 28-in. 64x64, but were marked up again to 5L£c. Jan. 17 and so continued the rest of the month. The First National Bank of Boston in its New England letter of Jan. 25 made the observation that the cotton goods in dustry had entered the new year in apparently the most favorable position in many years. Cheap raw material, moderate inventories, growing popularity of cotton goods and improved merchandizing methods were mentioned as some of the factors that were bringing about a material improvement in the industry. There was also a fair spread between the price of raw cotton and that of finished goods. As against these favorable factors the possibilities of over production of cotton goods, due to excessive plant facilities loomed up, but the bank thought that the newly formed Cotton Textile Institute might be able to cope with this problem. One of the strong features of the month as affecting the price of raw cotton was the large export demand for the staple and also the growing increase in the consump tion of cotton in the United States. Cotton has been going abroad in huge volume, the exports from the beginning of the season on Aug. 1 to Jan. 28 having reached no less than 6,387,263 bales, as against 5,194,860 bales in the corre sponding period of the preceding year. At the same time the returns of the U. S. Census showed that for the five months to Dec. 31 the consumption of cotton by United States mills had been 2,829,456 bales, as against 2,598,119 bales in the same five months of the previous year. This has reference to the consumption of lint cotton; in addition 339,666 bales of linters were consumed, which compares with 346,809 bales in the same five months of the previous year. It continued to be a question whether the whole of qhe large crop raised in 1926 would all be picked. Weather conditions were not altogether favorable for carrying on the work of picking. The Census ginning return was issued on Jan. 24 and showed that 16,609,517 bales had been ginned up to Jan. 16, as against 15,499,893 bales up to the same date in the previous year. The amount was somewhat larger than had been expected, but still left nearly 2,000,000 bales to be ginned in order to reach the Government’ s esti mate of 18,618,000 bales made Dec. 8, as the size of the 1926 crop, though, on the other hand, it was pointed out that the estimate related to a crop of 500-lb. bales, whereas as a matter of fact the bales were running very heavy, averaging from 510 pounds to over 520 pounds, and that if this were allowed for the difference between the ginning figures and the Agricultural Bureau’s estimate would be greatly reduced. F eb ., 1927.] MONTHLY REVIEW In other branches of the textile trades the situation ap peared less encouraging, although some improvement was noted in both the silk and woolen divisions. The American Woolen Co. on Jan. 18 opened its lines of new fall all-wool blankets at about the same basis as 1926, but in the case of the lines containing an admixture of cotton prices were down from 10 to 15%. On Jan. 26 the same company made its fall opening of men’s wear staple worsted suitings and over coatings and “ electrified the industry and applied a rosy tinge of cheerfulness throughout the trade,” as the New York “ Journal of Commerce” put it, by announcing steady to firm prices for the new heavyweight season. According to the same publication, “ expressions of satis faction were heard on every hand among selling offices be cause this was the first time in several seasons that prices failed to show a decline.” It was pointed out that fall 1927 prices on men’s staples in department 1 are either unchanged or from 2% to 5% c. a yard higher than current spring levels, the advance averaging 1 1-3% on 48 representative numbers. The situation as regards silk goods also appeared to be slightly better and in rayon products renewed activity de veloped, proabbly due to the sharp reductions in prices made in December. Raw silk prices further weakened in January and Kansai double extra cracks were quoted at only 85 70 @ $5 75 Jan. 31, as against 86 00 Dec. 31 1926, and as high as 87 10@87 15 on Dec. 31 1925. Crude rubber prices, after improving the early part of the month, developed weakness again the latter part of the month, leaving very little net change for the month as a whole. For spot [delivery, both ribbed smoked sheets and first latex crepe were at one time quoted as high as 41 % c., but the quotation Jan. 31 was 38% c. asked for ribbed smoked sheets and 38% c. asked for first latex crepe, which compares with 38% @ 39c. and 38% @ 39% c., respectively, on Dec. 31. Reductions in rubber footwear prices were announced the early part of the month. The percentage of rubber production which may be ex ported at the minimum rate of duty for the quarter beginning Feb. 1 from Ceylon and Malaya was reduced under the Stevenson restriction scheme on Jan. 31 from 80 to 70% . It was explained that this is due to the fact that the average price of rubber during the past quarter has been well below the pivotal price of a shilling and 9d. a pound. It was also stated that the tendency of consumption and production continue so definitely against producers, despite the reduc tion from 100% to 80% in exports last November, that an active discussion is proceeding in rubber circles of the chances of a further 10% reduction. Falling off of American con sumption, it is pointed out, has been an important factor in producing the altered situation in the rubber market. The latest estimates of United States consumption in 1926 are 366,000 tons, against 385,000 tons in 1925. Stocks steadily mounted during the last quarter and the last week London stocks further increased to 54,786 tons, against 10,000 at the end of January 1926. Owing to the use of export rights shipments from Malaya have been consider ably larger than would have been the case if the shipments had had to bear the full effect of the restriction to 80% . Grain prices sharply advanced during the month, at least in the case of wheat and corn. The advance seemed to be largely in response to higher price in other countries , particularly in Argentina, which gave the impression that prospective new supplies were not going to be as liberal as had been counted upon. M ay wheat in Chicago after declining from 81 38% Jan. 3 to $1 35% Jan. 4, sold up to 81 43 Jan. 27 and closed Jan. 31 at 81 41. The July wheat option at Chicago after selling down to 81 28% Jan. 4 touched $1 33% Jan. 27 and closed Jan. 31 at 1 32% . The May option for corn at Chicago moved up from 78% c. Jan. 4 to 82%e. Jan. 27 and closed Jan. 31 at 80% c. The July corn option at Chicago advanced from 81% c. Jan. 4 to 85%c. Jan. 27 and closed Jan. 31 at 84% c. Oats prices, however, did not improve, but, on the contrary, declined. The May option for oats at Chicago closed Jan. 31 at 4 7 % c., against the opening price of 49% c. Jan. 3. July oats at Chicago closed Jan. 31 at 47% c., against 47% c. at the opening on Jan. 3. Sugar prices, while firmly held at the beginning of the month at the improved levels established during 1926, weakened about the middle of January but recovered again the latter part. Cuban raw sugar, as against 3% c. at the close of December, commanded 3 % c. on several of the early days of Januray, but sold down to 3% c. Jan. 22 with a recovery to 3 3-16@3 7-32c. Jan. 31. The wholesale price of refined sugar at all the leading re fineries at one time was quoted at 6.25c. except that Arbuckle 5 Brothers quoted only 6.20c. At the close of January the range was 6.15@ 6.40c., which compares with 6.10@6.40c. at the close of December. Coffee prices at one time showed some improvement but weakened again the latter part of the month. N o. 7 Rio was quoted at 1 5 % @ 1 5 % c. about the middle of the month, but Jan. 31 was 1 5 % @ 1 5 % c.. which compares with 15@ 15% c. at the close of December. N EW S E C U R IT Y ISSU E S A N D D IV ID E N D S . Though the domestic corporate issues brought out ia December were of large dimensions they have been over shadowed by the offerings made in January. The largest undertaking in January was the offering of 850,000,000 General Motors Acceptance Corp. 10-year sinking fund 6% gold debentures, due Feb. 1 1937 by J. P. Morgan & Co., First National Bank of N. Y ., the National City Co. and Bankers Trust Co. at 100 and accrued int. Additional large offerings worth mentioning were: $35,000,000 Gulf Oil Corp. of Pa. 20-year 5% sinking fund deb. bonds sold by the Union Trust Co. of Pittsburgh, the National City Co. of N. Y ., Bankers Trust Co. and Mellon National Bank of Pittsburgh at 100 and int. A group of banking firms headed by Blair & C o.; H. M. Byllesby & Co., and Blyth, Witter & Co., disposed of $30,000,000 1st mtge. gold bonds, series “ A ,” 5% , due Jan. 1 1957, of the Indianapolis Power & Light Co. at 98 and accrued int., yielding over 5.13% , and also $12,000,000 6 % % cum. pref. stock of the same com pany at 98 and accrued divs., to yield over 6.63%. $27,500,000 the Narragansett Co. coll, trust gold bonds, series “ A ,” 5 % due Jan. 1 1957, were placed by a syndicate headed by Harris, Forbes & Co., Bodell & Co., and F. L. Carlisle & Co., Inc., at 99 and accrued int., with an ap proximate yield of 5.06% . Dillon, Read & Co. brought out at 98 and int. $25,000,000 North American Edison Co. 5% debs., series “ A ,” due March 1 1957, to yield over 5 % % . $25,000,000 San Joaquin Light & Power Corp. unifying and ref. mtge. 30-year 5% bonds of “ D” series were placed by Peirce, Fair & Co. and Blyth, Witter & Co. at 98% and accrued int., to yield about 5.1% . A syndicate headed by Alex. Brown & Sons, Harris, Forbes & Co., and Brown Bros. & Co. floated $20,000,000 10-30-year Federal Land Bank 4 % % bonds due Jan. 1 1957 at 100% and int., yielding over 4.15% . 415,000 shares of Victor Talking Machine Co. common stock (no par value) were sold by a group of firms headed by J. & W. Seligman & Co., Hallgarten & Co., and Hayden, Stone & Co. at $38 per share the above-mentioned firms also placed 95,000 shares $6 cum. conv. pref. stock of the same company at $90 per share. At 98% and int., yielding over 5.10% , Harris, Forbes & Co., E. H. Rollins & Sons and Coffin & Burr disposed of $15,000,000 Southern California Edison Co. additional ref. mtge. bonds, series of 5s, due 1951. Bonbright & Co. offered $15,000,000 6% cum. pref. stock of Electric Bond & Share Co. at $107 50 per share, to yield 5.58% . $15,000,000 Solvay American Investment Corp. 15-year 5% sec. gold notes of “ A ” series were brought out for public offering by Lee, Higginson & Co., White, Weld & Co. and Brown Bros. & Co. at 99% , to yield 5% . The dotation of 250,000 shares of Cities Service Co. common stock was made by Pearsons-Taft & Co., Henry L. Doherty & Co. and De Fremery & Co. at market price, to yield in cash and stock divs. over 8% . Syndicate managers consisting of A. B. Leach & Co., Hill, Joiner & Co., Inc., and Halsey, Stuart & Co. brought out $12,500,000 1st mtge. 5% gold bonds, series “ A ,” of Southwestern Gas & Electric Co. at 96 and int., to yield over 5.25% . The sale of $10,500,000 Boston Consolidated Gas Co. 20-year 5% gold bonds (debs.) was made by Bankers Trust Co. and Dillon, Read & Co. at 103 and accrued int., with an approximate yield of 4.76% . At 96% and int., yielding 7.30% , Aldred & Co., Harris, Forbes & Co., Bankers Trust Co., and Minsch, Monell & Co., Inc., placed $10,000,000 International Power Securities Corp. 7% sec. gold bonds of series “ E ,” due Feb. 1 1957; the above-mentioned banking firms also disposed of $6,000,000 International Power Securities Corp. 7% bonds, series “ F ,” due 1952, at 95% and int., to yield 7.40% . $9,500,000 Illinois Power & Light Corp. 30-year 5 % % sinking fund deb. bonds were offered by Marshall Field, Glore, Ward & Co., Halsey, Stuart & Co., and Harris, Forbes & Co. at 96% and int., yielding about 5 % % . Drexel & Co. and Stroud & Co. floated $8,000,000 Central Hqdson Gas & Electric Corp. 1st and ref. mtge. 5% gold bonds, series due 1957, at 101% and int., with an approximate yield of 4.90% . $8,000,000 New Orleans Public Service, Inc., 1st and ref. mtge. 5% gold bonds, due June 1 1955, were 6 MONTHLY REVIEW [ V ol. 124. sold by Dillon, Read & Co. at 96 and int., to yield over quar. div. of $1._ Special div. of 12^20. and usual quar. 5A X % . A syndicate consisting of Bonbright & Co., Inc.; j 25c. div. was paid by Imperial Oil, Ltd. In addition to Old Colony Corp., and W. C. Langley & Co., brought out 25c. quar., Loblaw Groceterias Co., Ltd., decl. a bonus of $7,000,000 cum. pref. stock of Florida Power & Light Co. 25c. National Refining Co. decl. 2 % extra on com. Extra com. div. of 25c. and quar. div. of 50c. was reported by at $100 per share and accrued divs., to yield 7% . G. L. Ontario Biscuit Co. Railway & Light Securities Co. decl. Ohrstrom & Co. disposed of $6,500,000 1st lien 5 )4 % bonds, a semi-annual div. of $1 on com. in addition to $2 extra. series of 1941, at 97 and int., to yield over 5.80% , and Stock divs. of 25% on com. and on new class B stock were $5,000,000 6% conv. gold debs., series of 1962, at 98 and announced by R . J. Teynolds Tobacco Co. in addition int., yielding over 6.15% , of the Peoples Light & Power Corp. to 5% quar. on both old and new com. shares. San Carlos Flotation of $8,000,000 California Petroleum Corp. 20-year decl. 50c. extra and 15c. quar. on capital stock. Savannah Sugar Refining Co. decl. $1 50 quar. on com. and also 50c. conv. 5% gold debs, was made by Blair & Co., Inc., and extra. In addition to 3 % quar., Scotten, Dillon Co. decl. Hallgarten & Co. at 9 6 and int., to yield 5.40% . $7,- 7% extra. Stock div. of 10% and 3 % quar. cash div. was 500,000 General American Investors, Inc., 25-year 5% debs., reported by the Texas Corporation. An extra of 2 % and series “ A ,” were placed by Lehman Bros, and Lazard Freres 2% quar. was decl. by Union Oil Co. of Calif. Companies reporting larger distributions were: American at $100 and int. S. W. Straus & Co. offered $6,500,000 Water Works & Electric C o., Inc., decl. 2 % quar. on Two Park Avenue Building 1st mtge. fee 6% sinking fund com., compared with 1J^% paid previously and also paid bonds, due Dec. 15 1941, at par and accrued int., to net an extra of 2)/£% on 7% cum. pref. stock. An increase in 6% . The American Bond & Mortgage Co. brought out at com. quar. div. from 1k£% to l } 4 % was reported by par and int. $5,750,000 Coronado Apartments (Rosemont- Brazilian Traction, Light & Power Co. Quar. div. of $1 25 Winthrop Bldg. Corp., Chicago) 1st mtge. 6 A l % bonds. was decl. by General Railway Signal Co., as against $1 previously paid. Home Insurance Co. of N . Y . raised the $5,000,000 McCrory Stores Corp. conv. 6% cum. pref. annual div. rate from 18% to 20% . As compared -with stock (par 100) was offered by Merrill, Lynch & Co. and previous divs. of 75c., Household Products, Inc., decl. Hemphill, Noyes & Co. at $100 and accrued divs. Old 87C£c. quar. Louisville Henderson & St. Louis R y. in Colony Corp. disposed of $5,000,000 Old Colony Investment creased the semi-annual div. on com. from 2 % to 2J^%Trust 4)^ % debs., series “ A ,” due Feb. 1 1947, at 993^ Morse Twist Drill & Machine decl. div. of $1 50; three f.nd int. months ago 50c. was paid. Nash Motors Co. decl. $4 annual In addition to the foregoing domestic offerings •numerous div.; previously company paid 50c. quar. in addition to foreign Government and foreign corporate issues came on the an extra of 50c. National Biscuit Co. increased the quar. market during January. The more important of these were: div. on com. from 4 % to 5 % . An increase from 1% to $27,006,000 Government of the Argentine Nation external 1^2% in quar. div. was made by Union Street R y. of New sinking fund 6% bonds, issue of Feb. 1 1927, sanitary works Bedford. Waialua Agricultural Co., Ltd., placed the loan due 1961, sold by J. P. Morgan & Co. and the National capital stock on 12% annual div. basis, against 6 % pre City Co. at 9 8 and accrued int., yielding over 6.10%. viously. F. W . Woolworth Co. decl. com. quar. div. of A syndicate in charge of First National Bank of N. Y ., $1 25; previously $1 was paid in addition to $1 extra on Bank of Montreal, Bankers Trust Co. and Lee, Higginson March 1 and Dec. 15 1926. Bon Ami Co. (Del.) made an & Co. offered $24,000,000 Province of Ontario (Canada) initial distribution of $1 on class A and 50c. on com. B in 4 K % serial gold bonds due $800,000 annually Jan. 15 1928 addition to 50c. extra. Brunswick-Balke-Collender Co. to 1957, at prices ranging from 4.50% to 4.70% , according resumed divs. of 75c. on com. deferred in M ay 1925. Bunte to maturity. At 98 and accrued int. Lee Higginson & Co. Bros, of Chicago decl. 50c. on com. Last previous distribution, and Ladenburg, Thalmann & Co. disposed of $10,000,000 was 23^% in M ay 1920. Pref. div. of $2, wdnch represents State of Rio Grande do Sul (Brazil) 40-year 7% bonds, accrued divs. from Dec. 1 1925 to N ov. 30 1926, was decl. external loan of 1926, with an approximate yield of 7.15%. by Garland Steamship Corp. An initial div. of 25c. on com. P. W. Chapman & Co. and A. M. Lamport & Co. placed was reported by Hammermill Paper Co. of Erie, Pa. New' $6,500,000 Province of Mendoza (Argentine Republic) ex York Merchandise Co., Inc., decl. an initial quar. div. of ternal 7.50% sec. gold bonds, due June 1 1951, at 98.75 50c. on com. An initial distribution of 50c. on com. was and int., to yield over 7.60% . $5,000,000 Dominican decl. by Philadelphia & Western R y. Texas Pacific Coal Republic 14-year Customs Administration 5J^% bonds of & Oil Co. decl. 15c. quar.; this is the first distribution since 1926, first series, were brought out by Lee, Higginson & Aug. 1 1923, when 25c. was paid. Co., the National City Co. of N. Y ., and Dillon, Read & Dividend action of an unfavorable nature was more Co. at 100 and int., with an approximate yield of 5.55%. noticeable during January than for many months past. Hallgarten & Co., Kissel, Kinnicutt & Co., and Halsey, American Metal Co., Ltd., reduced the quar. div. on com. Stuart & Co. sold $3,000,000 Municipality of Medellin from $1 to 75c. Beliefonte Central R R . decided to omit (Colombia) 25-year external 7% sec. gold bonds of 1926 at the annual div. of 1 % usually paid in February. Brooklyn 93M and accrued int., yielding over 7.60%. Dillon, Read City R R . decl. quar. div. of 10c.; previously 20e. was paid. & Co. floated $25,000,000 the Batavian Petroleum Co. Semi-annual div. of 3 )^ % due Jan. 1 was deferred by (Bataafsche Petroleum Maatschappij) 15-year 4J^% guar, Danville (Va.) Trac. & Power Co. Electric Household debs, at 9 6 and int., to yield 4.85%. A syndicate com Utilities Co. omitted the quar. div. of 50c. Hayes Wheel posed of Guaranty Co. of N. Y .; Marshall Field, Glore, Co. of Jackson (Mich.) passed quar. div. of 75c. on com. Ward & Co., and International Acceptance Bank, Inc., due March 15. As compared with previous monthly d vs. disposed of $10,000,000 “ Montecatini” Societa Generate per of 35c., Hibbard, Spencer, Bartlett & Co. decl. three monthly l’lndustria Mineraria ed Agricola (Italy) 10-year sinking divs. of 30c. Interstate Terminal Warehouses, Inc., de fund 7% gold deb. bonds (with detachable stock purchase ferred the 1 % % quar. div. on pref. Quar. div. of $1 on warrants) at 96K and int., to yield over 7.50%. $8,000,000 com. by G. R. Kinney Co. was omitted. Mohawk Rubber 15-year sec. 6% conv. gold bonds of Porto Rican American (Akron, Ohio) deferred payment of quar. 1% % div. on cum. Tobacco Co. were disposed of by the National City Co., pref. stock. Moon M otor Car Co. omitted com. div. of Hornblower & Weeks, Cassatt & Co., and Hemphill, Noyes 37)^c. due Feb. 1. Quar. div. of $1 50 on com. due in Janu & Co. at 99 and int., yielding 6.10%. Blair & Co., Inc., ary w'as passed by Nashawena Mills (Mass.). Pittsburgh E. H. Rollins & Sons, Stone & Webster, and Blodget Co., Terminal Warehouse & Transfer Co. reduced its quar. div. Inc., and Banca Commerciale Italiana Trust Co. offered from $1 to 75c. The quar. div. of 1 % on pref. was de $6,000,000 Lombard Electric Co. (Societa Lombarda per ferred by Thomas G. Plant Co. Superior Steel Corp. omitted Distribuzione di Energia Elettrica) of Italy, 1st mtge. 7% the quar. div. of 50c. on com. bonds, series “ A ,” due Dec. 1 1952, at 94 and int., with T H E S T O C K M A R K E T D U R IN G J A N U A R Y . an approximate yield of 7.50% . At 92)^ and int., E. H. The course of the stock market during January was con Rollins & Sons, Blair & Co. Inc., J. A. Sisto & Co., and Banca Commerciale Italiana Trust Co. sold $6,000,000 fused and irregular, alternate periods of strength and weak external 1st mtge. 7% bonds, series “ A ,” due 1956 (with ness characterizing the dealings, with the strength of the stock purchase warrants attached) of United Electric railroad stocks the main feature, many of these rising to Service Co. of Italy, with an approximate yield of 75^%. the highest figures reached in years and some to the highest Announcements of changes in dividend declarations were figures on record. In the industrial list, and among the high again numerous, but not on so extensive scale as in De priced specialties, many different groups of share properties cember. This applies especially to the announcements of at different times during the month showed decided weak extra distributions. Companies declaring extra dividends ness, while others displayed strength, more respecially the in cash or stock were: Atchison Topeka & Santa Fe R y. oil shares, but the general trend of the market was toward decl. extra of ^ of 1% in addition to regular \z/ i% quar. on lower levels, with most of the railroad shares a prominent com. Norfolk & Western Ry. raised its div. on com. exception. Even the railroad list was depressed in the early from a basis of 7% per annum to 8 % . An extra cash div. days of the month, the market at that time being weak all of 50c. was paid by Bullard Machine Tool Co. A stock div. around, quite in contrast with the bullish demonstrations of 33 1-3% was decl. by Burroughs Adding Machine Co. that had marked the closing days of the old year. Heavy Consolidated Paper Co. (Monroe, Mich.) decl. 50% com. and persistent selling characterized the trading on Monday stock div. Cumberland Pipe Line Co. decl. an extra of Jan. 3, the first business day of the r ew year, and large 33% , but reduced the annual div. rate from 12% to 8% . and general declines in prices occurred on that day; this An extra of $1 on com. and $3 in pref. stock was announced proved a great disappointment inasmuch as the eclat with by Cushman’s Sons, Inc. Early & Daniel Co. of Cin which the market had closed .on Friday Dec. 31 had en cinnati, Ohio, decl. $1 extra and also the usual annual couraged hopes that a strong bull movement would be wit div. of $2 50 on com. Eureka Vacuum Cleaner Co. decl. nessed all through the month, especially with the easing of extras of 10% in stock and 25c. in cash in addition to reg. the money market. It has already been indicated, in our F eb., 1927.] MONTHLY REVIEW 1 review of the money market above, that call loan rates while Wabash common advanced from 4034 Jan. 4 to 4754 rapidly declined and the latter part of the month did not Jan. 25 with the close Jan. 31 at 45 34rise above 4 % . The reason why the railroad shares showed It will be noticed from these illustrations that many weakness at the beginning of the month, along with the of the railroad shares reacted from their best figures of the general list, appeared later in the month when the December month the latter part of the month, when the general market returns of railroad earnings came to hand and showed con again displayed great irregularity with intermittent strength siderable losses as compared with December of the previous and weakness. It is to be said furthermore that not all year in nearly all sections of the country. These losses in railroad stocks advanced in value during the month. Some railroad revenues, too, made it apparent that the recession of them suffered severe losses in the break ea lier in the in trade and industry during the closing month of the old month, which were only in part recovered subsequently year, of which the trade statistics had given somewhat im or not at all. Others failed to participate in the upward perfect indications, had been more -widespread and had movement in the rails which became such a prominent attained larger dimensions than even the closest students feature the middle of the month. Atchison com. dropped had had any idea was the case. The Census statistics re from 17154 Jan. 3 to 16154 Jan. 6, with the close Jan. 31 garding -automobile output, to which reference has been at 16454 on disappointment over the small extra dividend made in the earlier part of this article, were given out distribution, only 54 of 1% extra having been declared at shortly after the middle of the month and likewise proved the close of December in addition to the regular quarterly an eye-opener as to the extent of the trade depression; of 1 5 4 %) whereas a much greater increase had been looked they showed the smallest production of motor vehicles of for. The stocks of Southern roads were adversely affected any month since the early part of 1922. When, four or by the depression being experienced in the South. Atlantic five weeks before, the November figures of automobile pro Coast Line dropped from 205 Jan. 3 to 183 Jan. 28, with the duction had been made public and recorded an output of only close Jan. 31 at 18654- Louisville & Nashville, after having 219,504 passenger cars in the United States in that month advanced from 130 34 Jan. 3 to 133 54 Jan. 10, dropped to as against 328,694 in the corresponding month of the previous 128 54 Jan. 14 and closed Jan. 31 at 13034 bid. Southern year, it was supposed that the full measure of the decline Ry. com. declined from 127 Jan. 3 to 119 Jan. 28, and closed which was known to be in progress had been disclosed, for Jan. 31 at 123. Southern Pacific declined from 11054 Jan. 3 this November total proved the smallest of any month since to 10634 Jan. 28, with the close Jan. 31 at 10754- New York the midsummer of 1925. It remained for the December, Central fell from 14454 Jan. 22 to 13734 Jan. 27 with the statement of automobile production, showing only 137,361 close Jan. 31 at 14034- Del. & Hud. declined from 17834 passenger cars put out, as against 278,643 cars in Dec. Jan. 17 to 17134 Jan. 28, with the close Jan. 31 at 17234; 1925, to furnish a complete revelation of the slump that had Lackawanna from 14654 Jan. 17 to 14034 Jan. 27, with the occured in the motor industry. In view of such results it close Jan. 31 at 141; Ches. & Ohio from 16254 Jan. 5 to is not surprising that the motor stocks often displayed weak 15154 Jan. 25, with the close Jan. 31 at 155 54- Norfolk ness during the month and that the trend of industrial stocks & West, also sold lower, notwithstanding the increase in the generally should have been towards lower levels— with the dividend from a basis of 7% per annum to 8% per annum; usual conspicuous exceptions in the case of special stocks from 159 34 Jan. 3 it sold down to 156 Jan. 4, rose to 16134 representing properties which are maintaining uninterrupt Jan. 17 and closed Jan. 31 at 157 54The market suffered a bad break on Tuesday, Jan. 25, edly a high degree of prosperity. The downward trend of the industrial stocks, however, after the rise in so many of the railroad stocks had ceased was held in cheek by the spectacular upward movement in to impart further strength to the general list. This down the railroad stocks. These railroad shares after the first ward reaction was due in a measure to the impression few days of the month came rapidly to the front and ad created that large operators had been liquidating during the vanced in a way such as to attract general and widespread excitement caused by the rise in the low-priced railroad attention. Rise upon rise was recorded. At first it was stocks. Many stocks that had been moving upward for the high priced "rails” that were prominent in the upward about 10 days now crashed down, the losses ranging from movement. Later in the month the low-priced railroad stocks 1 to 8 points. Share transactions on that day exceeded came to the front, and advanced with even more sensational 2,000,000 shares, where previously they had been averaging vigor. Indeed, in the case of Wheeling & Lake Erie common about 1,500,000 shares, though speculation had also been and preferred shares, prices shot up in such a way as to sug active the two previous days, namely Monday, Jan, 24, gest cornering operations, these stocks becoming so scarce when the transactions aggregated 1,859,340 shares, and that 1 3 4 % a day had to be paid for borr wing the shares, Saturday, Jan. 22, ivhen the half-day’s business reached though the Stock Exchange authorities after a thorough inves 1,097,330 shares. After that the volume of business rapidly tigation could find no evidence of cornering operations. fell off, and on Monday, Jan. 31, amounted to only 1,356,700 What apparently happened was that quotations had been shares. U. S. Steel com. was well held throughout; it fluc raised to such high figures that, there being not the remotest- tuated between 15934 Jan. 10 and 15334 Jan. 28, with the chance of any dividends on these shares, traders were tempted close Jafi. 31 at 157. General Motors com. declined from to sell the*stock short, borrowing the shares for delivery, 155 34 Jan. 10 to 14534 Jan. 25, but closed at 153 34 Jan. 31. and had to pay the penalty. Wheeling & Lake Erie common The motor stocks generally were weak at times, but recovered jumped from 2734 Jan. 3 to 6534 Jan. 28 and closed Jan. 31 sharply the latter part of the month. Thus Hudson Motor at 6234) while the preferred rose from 4734 Jan. 7 to 69 dropped from 5934 Jan. 5 to 4834 Jan. 24, but closed Jan. 31 Jan. 24 with the close Jan. 31 at 64. Western Maryland at 56. The oil stocks were perhaps the strongest group in common had a somewhat similar experience, jumping the industrial list, though these also showed considerable from 13% Jan. 6 to 3134 Jan. 25 with the close Jan. 31 at irregularity, but with the trend upward. Yet Atlantic 26%. The basis for the spurt in the shares of both the Refining com. sold down from 115 Jan. 13 to 107 Jan. 28 railroads mentioned was the advantageous position that both and closed Jan. 31 at 11034- Producers & Refiners com. lines_h Id as possible links in through routes to the West, spurted up from 1654 Jan. 5 to 2634 Jan. 24. Panhandle and it was pointed out that they might be very serviceable Producers & Refiners advanced from 14 Jan. 5 to 18J4 to Mr. Loree of the Del. & Hudson in that respect for his Jan. 17, with the close Jan. 31 at 15. Sinclair com. moved proposed Fifth Trunk Line system. There were rumors of up from 19 Jan. 3 to 22 54 Jan. 20 and closed Jan. 31 at 2154buying for control and also of a proposed traffic arrangement Mid-Continent Petroleum com. rose from 3454 Jan. 3 to with the Balt. & Ohio. The rise in the stocks mentioned 39 54 Jan. 21, and closed Jan. 31 at 38. Marland Oil declined belongs of course in a class all by itself. As a matter of from 5834 Jan. 17 to 5534 Jan. 28, with the close Jan. 31 at fact, however, sharp advances occurred in many other 5734- Among the specialties American Tel. & Tel. rose railroad stocks. Reading common rose from 94 Jan. 4 to from 14934 Jan. 3 to 15554 Jan. 8, making a new high 10234 Jan. 18, though closing at 98 Jan. 31. Balt. & Ohio record, with the close Jan. 31 at 153. U. S. Cast Iron common advanced from 10634 Jan. 4 to 11334 Jan. 10, with Pipe & Foundry sold down from 22834 Jan. 3 to 202 Jan. 25 the close Jan. 31 at 10954. Lehigh Valley had a sensational and closed Jan. 31 at 21034- Allied Chemical & Dye com. rise on rumors of buying for control, though the annual declined from 13934 Jan. 10 to 131 Jan. 25, and closed Jan. 31 election of directors showed no indication of change of at 137 34- Commercial Solvents B jumped from 223 Jan. 3 ownership nor any change in the relative positions of the to 255 Jan. 13 and closed Jan. 31 at 24254- E. I. du Pont different interests in the property. The stock jumped from de Nemours dropped from 177 34 Jan. 10 to 168 Jan. 25 and 9954 Jan. 6 to 125 Jan. 19 (the shares are of only $50 par closed Jan. 31 at 172J4- American Smelting & Refining value) and closed Jan. 31 at 119. Great Northern stock com. sold down from 14354 Jan. 3 to 13254 Jan. 25, with the and Northern Pacific sharply advanced on official state close Jan. 31 at 14154- Timken Roller Bearing was one ments that the plan for the merger of the two systems was of the strongest features of the month and established a taking definite form. Great Northern stock rose from 7954 new high record. It jumped from 78 Jan. 3 to 93 Jan. 27 Jan. 4 to 8854. Jan. 17 and closed Jan. 31 at 8534) while with the close Jan. 31 at 9054- Colorado Fuel & Iron also • Northern Pacific advanced from 78 Jan. 3 to 85 Jan. 17, displayed exceptional strength, rising from 4254 Jan. 4 to with the close Jan. 31 at 8234- Rock Island common moved 52 54 Jan. 24, with the close Jan. 31 at 52. Continental up from 6834 Jan. 4 to 75 34 Jan. 31 on indications of the Baking class A stock dropped from 7434 Jan. 6 to 6634 Jan. beginning of dividend payments, and 1 3 4 % quarterly was 24, with the close Jan. 31 at 71. The bond market showed declared after the close of the month— th t is, on Feb. 2 uninterrupted strength, the January investment demand Pere Marquette common advanced from 11434 Jan. 6 to being more strongly in evidence than ever before. Bond 12234 Jan. 24, with the close Jan. 31 at 12154 on announce prices accordingly showed moderate appreciation all around. V O L U M E O F B U S IN E S S O N T H E S T O C K E X C H A N G E . ment that the Sweringens had increased their holdings so as Month o f January— 1927. 1926. 1925. 1924. to give them control of the property. Pittsburgh & West Stock sales— N o . of shares----------- 34,275 ,41 0 38 ,987,885 41 ,570,543 26,857,386 S . $ $ S Virginia after dropping from 13334 Jan. 1 to 12234 Jan. 18 Bond sales (par value)— Railroad and m iscellaneous,.,2 3 3 ,6 8 8 ,2 0 0 212,055.000 255,712,300 203,287,000 spurted up to 138 54 Jan. 27 and closed Jan. 31 at 13034. State, municipal and fo r e ig n ,.112,475,700 55,146.250 49 ,414,550 33.152,000 92,088,000 United States Government------ 25 ,627 ,65 0 30,311,300 59 ,440,300 Among the low-priced shares Missouri Pacific common rose from 37J4 Jan. 4 to 4454 Jan. 22, with the close Jan. 31 at 42, Total bond sales. 371,791,550 297,512,550 364,567,150 328,527,000 8 MONTHLY REVIEW T H E M O N E Y M A R K E T D U R IN G J A N U A R Y 1927. As is almost invariably the case, the money market developed ease with the advent of the new year, and rates during January sharply declined all around. The turn of the year also means, with rare exceptions, a turn in the conditions underlying the money market. The special demand for funds with which to finance the movement of the season’s agricultural productions, which always develops in the autumn, has, by the end of the year, been satisfied and no longer constitutes a feature in affairs, but gives place to a return movement from the interior sections of the country, of larger or smaller dimensions. The present year has proved no exception to the rule in that respect. In addition— and _a circumstance of perhaps even greater importance in its influence upon the money market— there have been the big 1st of January interest and dividend dis bursements, always the largest and heaviest of the year, and steadily growing in magnitude with each recurrence of the date. Ordinarily, great congestion of funds at the monetary centres ensues as a result, leading to a revival of speculation on the Stock Exchange where employment is found for the vast accumulation of funds. This time, however, Stock Exchange speculation, except for two or three days of special activity, was on a reduced scale. Accordingly, the demand from that source fell off, thereby accentuating the prevailing ease. The New York Clearing House banks and trust companies on two of the four Saturdays of the month— that is, on Jan. 8, and again on Jan. 29— showed a heavy deficiency in the required legal reserves, but this was in part at least due to diminished borrowing at the Federal Reserve Bank owing to the lessened demand lor banking accommodation and was without influence upon the money market; more over, it attracted no notice whatever in the prevailing plethora of loanable funds and the vast amount of dividend and interest payments pressing for investment. As far as call loans on the Stock Exchange are concerned, rates sharply declined after the first few days of the month. On Jan. 3, the first business day of the month, all call loans on the Exchange were negotiated at 5% per annum and this was also the sole and only rate on Jan. 4 and on Jan. 5. On Jan. 6 the renewal rate was reduced to 434%, and some money loaned as low as 4 34%- On Jan. 7 the renewal rate was further reduced to 434% and all loans on that day were at the same figure. On Monday Jan. 10 the renewal rate was continued at 434%, but some money on call was placed at as low as 4% , notwithstanding that the Clearing House return for Jan. 8 showed that the reserve position of the institutions was seriously impaired. On Jan. 11 the renewal rate dropped to 4)4 % and the call money range for that day was 4@ 4J4% - On Jan. 12 and Jan. 13 all transactions in call loans were at 4% , including renewals. On Jan. 14 the renewal rate was still 4% , but in the afternoon there was a spurt to 434% and this was the rate for renewals and for all loans on Jan. 17 and 18. On Jan. 19, the renewal figure remained unchanged, at 434% but some loans were arranged at 4% . On Jan. 20 the renewal rate was marked down to 434%, with the general range for the day 4 @434% Beginning with Jan. 21 and continuing right to the close of the month, renewals and all other loans were put through at 4% . The rate went no higher than this even on Monday Jan. 31, when preparations for the 1st of February payments were under way and notwithstanding also that the Clearing House bank statement for the preceding Saturday (Jan. 29) had again shown a considerable deficiency below legal reserve requirements. The New York Stock Exchange now issues an official statement every day regarding the call money situation and the following is a summary of these daily reports for every business day during January. The fact should not be overlooked that no call loans are ever negotiated on the Stock Exchange on Saturdays, the loans arranged on Fridays extending over until the following Monday. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. CALL LOANS ON THE NEW Y O R K STOCK E XCH AN G E. 3— Renewal, 5% ; high, 5% ; low. 5% ; last, 5% . Average turnover notwithstanding some calling of loans. Money in supply at the renewal rate. 4— Renewal, 5% ; high, 5% ; low, 5% ; last, 5% . Average day. Sufficient funds offered all day. 5— Renewal, 5% ; high, 5% ; low, 5% ; last, 5% . Featureless day. Moderate turnover. Money in supply. 6— Renewal, 4 % % ; high, 4 % %; low, 4M % ; last, 4 % % ■ Heavy accumulation o f money offered forced a reduction in the rate. 7— Renewal, 446%; high, 4t£% ; low, 4)4%', last, 4 lA % . Money in supply all day at the renewal rate. 10— Renewal, 4 K % ; high, 4)4%', low, 4% ; last, 4% . Free offering o f money brought about decline in rate to 4% . 11— Renewal, 4 % % ; high, 434%; low, 4% ; last, 4% . Moderate turnover. Ample supply at the reduced rate. 12— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Light turnover with money in supply at close at renewal rate. 13— Renewal, 4% ; high, 4% ;low , 4% ; last, 4 % . Quiet day. Money condition easy. 14— Renewal, 4% ; high, 434%; low, 4% ; last, 434%. Withdrawals of money for out-of-town accounts caused advance to 434%. 17-—-Renewal, 434%; high, 434%; low, 434%; last, 434%. Fairly large turnover, but with money on hand all day. 18— Renewal, 434 %; high, 4 34 %; low, 434 % last, 434% . Moderate turnover. Money in supply at close. 19— Renewal, 434%; high, 434%; low, 4% ; last, 4 % . Volume light. Abundant offerings brought about reduction in rate to 4% . 20— Renewal, 434%; high, 434%; low, 4% ; last, 4% . A very small turnover and a plethora o f funds were the features of the money market to-day. 21— Renewal, 4% high, 4% ; low, 4% ; last, 4% . Very light turnover; money in supply at close. [ V o l . 124. Jan. 24— Renewal, 4% ; high, 4 ° t ; low, 4% ; last, 4 % . Small volume, abundance of funds all day. Jan. 25— Renewal, 4%,; hieh, 4% ; low, 4% ; last, 4 % . Yesterday’s con dition of money freely offered maintained throughout to-day. Jan. 26—-Renewal, 4% : high, 4% ; low, 4% ; last, 4% . Ample supply all day at the renewal rate. Jan. 27— Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Light turnover; money freely offered all day. Jan. 28—-Renewal, 4% ; high, 4% ; low, 4% ; last, 4 % . Quiet day; light turnover. Jan. 31— Renewal, 4% ; high, 4% ; low, 4% ; last. 4 % . Small volume; ample supply. Rates for time loans secured by stock and bond collateral also dropped to lower levels, though the decline here was only fractional. At the close of December the range was 4 34 @ 4 34% for all periods from 60 days to 6 months. From this there was a gradual decline during January until at the end of the month quoted rates were 4 34 @ 4 34% per annum for 60-day money and 434% for all other periods from 90 days to 6 months. Little was done at any time in time loans and the market was dull, with large borrowers generally absent. Quotations for mercantile paper, which were 4 34@434% at the close of December, dropped to 4 @ 434% for 4 to 6 months names of choice character, with rates for names not so well known requiring 434%, as against the previous range of 4 34 @ 434% - New England mill paper and the shorter choice names passed at 4% . A good demand for paper was reported from both local and out-of-town banks, but trading was hampered by lack of offerings, and accordingly the volume of business transacted was small. Banks’ and bankers’ acceptances were also placed at somewhat lower rates— at least for all but the very shortest period, that is, for 30 days. For prime bankers’ accept ances, eligible for purchase by the Federal Reserve banks, the American Acceptance Council made no change through out the month in the rate for bills running 30 days, this being continued at 334% bid and 334% asked, but the rate for bills running 60 days was reduced from 3J4% bid and 334% asked to 334% bid and 334% asked, while the rate for 90-day bills was likewise reduced from 3 J4% bid and 334% asked to 324% bid and 324% asked. The rate for 120-day bills was marked down from 4% bid and 334% asked to 334% bid and 324% asked, and the quotation for 150 days and 180 days was reduced from 434% bid and 4% asked to 4% bid and 334% asked. For call loans against bankers’ acceptances, the posted rate of the American Acceptance Council was reduced on Jan. 11 from 4% to 324%, but marked up again to 4% on Jan. 17 at which it remained until Jan. 20, when it was put down to 324% once more and so remained the rest of the month. As far as the Federal Reserve ba' ks are concerned, no change was made by any of them in its rates during the month, these remaining at 4% for all classes of paper and for all maturities at all the different Reserve institutions. R A T ES FOR M O N E Y A T N E W Y O R K , W E E K L Y . Week Ending— Call Loans on Stock Exchange— Jan.7. Jan. 14. Range for wk. (mixed & indus. c o ll.)____ --4 % - 5 W eek's avge. (mixed & Indus, c o ll.). ____ 4H Time Loans (.Mixed & Indus. Collateral)— Sixty days_________ _____ _____________ .--4 % -4 % Ninety d ays___________________ __________ - --4 % -4 % Four m onths________________________________ . .- 4 % -4 % Five m onths_____ _______ .. _________ .--4 )4 -4 % Six m onths____________ ___________________ .-.4 ) 4 -4 % Jan. 21. Jan. 28• 4-4)4 4% 4-4)4 4%. 4 % -4 % 4 H-4Vs 4 )4 -4 % 4 y2-4H 4 % -4 % 4 % -4 )4 4% 4% 4)4 4)4 4 % -4 % 4% 4 )4 4)4 4% 4-4)4 4)4 4-4% 4)4 4-4% 4)4 4 4 Commercial Paper— Double and single names— Prime 4 to 6 m onths____________________ . - 4-4)4 Good 4 to 6 m onths________________ ____ ...4 % - 4 % F E D E R A L R E .E R V E A N D C L E A R IN G H O U SE B A N K S — B R O K E R S ’ L O A N S. Borrowing on Stock Exchange account fell off during the month, as already stated. In the first weekly return of the year, that for the week ending Jan. 5, a further increase was reported by the Federal Reserve Board, this being in continuation of the upward movement previously in progress, but subsequent January weekly returns all showed re ductions in the grand aggregate of this item. In the five weeks from N o v .24 to Dec. 29, the grand aggregate of loans to brokers and dealers (secured by stocks and bonds) by the 54 reporting member banks in New York City had increased from $2,608,283,000 to $2,787,761,000 and the statement for Jan. 5 1927 showed a further increase to $2,818,561,000. From this there was now a decrease to $2,791,135,000 Jan. 12, to $2,770,172,000 Jan. 19, and to $2,731,940,000 Jan. 26. Strangely enough the reduction was entirely in the amount of the loar s made by these member banks for their own account. The total of these latter loans was $1,008,235,000 Dec. 29 and increased to $1,037,311,000 Jan. 5, but then dropped off very rapidly, being $947,891,000 Jan. 12 and $822,901,000 Jan. 19, though $865,183,000 Jan. 26. On the other hand, the loans made by these member banks for account of out-of-town banks increased from $1,021,747,000 Dec. 29 to $1,049,246,000 Jan. 5, to $1,100,475,000 Jan. 12 and to $1,140,604,000 Jan. 19 and were $1,125,713,000 Jan. 26. What happened here evidently was that these out-of-town banks, no longer being called upon to finance the agricultural sections, sought employment for their idle funds on the_ New York Stock Exchange. There is still another subdivision of these brokers loans, namely the loans made “ for account of others” — that is additional to the loans made by the reporting member banks for their own account and those made for account of out-of-town banks. In this third subdivision, the Jan. 5 statement showed a decrease from $757,779,000 to $732,- F eb ., 1927.] MONTHLY REVIEW 004,000, but with increases to 742,769,000 Jan. 12 and to $746,667,000 Jan. 19 and with the amount Jan. 26 $741,044,000. The New York Clearing House Banks and Trust com panies in their weekly returns showed, as indicated above, heavy deficiencies in legal reserve requirements on two of the four Saturdays of the month— the return for Jan. 1 having been issued the day before (Dec. 31) on account of the holiday. The first of the two Saturdays was Jan. 8, when the deficiency reached $69,015,900, one of the heaviest if not the heaviest on record. This deficiency seems to have been due to the enormous 1st of January payments in making which the banks drew down their reserves with the Federal Reserve Bank of New York. As these payments got distributed and the funds returned to normal channels, the temporary dislocation was corrected and the deficiency wiped out and replaced with surpluses above legal needs. The return for Jan. 15 showed excess reserves of $12,210,020 and that for Jan. 22 excess reserves of $39,601,140. On the other hand, however, on Jan. 29 reserves were again impaired, the deficiency being $15,947,250. What now happened seems to have been that the banks, no longer finding em ployment for their funds on the Stock Exchange, cancelled their loans at the Federal Reserve Bank, which in turn diminished the reserves they had on deposit with that in stitution. As supporting this conclusion, it is only necessary to refer to the figures of the Federal Reserve member banks as distinct from the rest of the Clearing House institutions. In the case of these member banks, nothing counts as re serves except deposits or balances with the Federal Reserve Bank, and the figures show that the reserve of these members with the Federal Reserve Bank dropped from $632,083,000 Dec. 31 to only $517,656,000 Jan. 8, causing the huge de ficiency in reserves recorded on that date; it then increased to $606,706,000 Jan. 15, and to $614,925,000 Jan. 22, restoring reserves and giving an excess above legal requirements, but followed by a drop again in the reserves with the Federal Reserve Bank to $553,061,000 Jan. 29, creating a new deficiency in reserves. We are not left in doubt as to how the reserve of these member banks with the Federal Reserve Bank were once more so heavily reduced, since the statements of the Federal Reserve Bank itself show that borrowings at the Federal Reserve Bank were sharply curtailed. And why were they thus curtailed ? The answer here is also very simple. With the call loan rate on the Stock Ex change down to 4 % it no longer pays to go to the Federal Reserve Bank and borrow at the same rate, 4 % being the rate charged by the Federal Reserve Bank of New York for all classes of accommodation, the same as by all the other Federal Reserve Banks. As for the remaining items in the Clearing House returns, the loan item was heavily reduced with the turn of the year and further reduced by diminished borrowing on Stock Exchange account. The grand total of all loans and discounts for all clearing house institutions, members as well as non-members, was at its maximum Dec. 31 at $5,771,022,000; from this there was a decrease to $5,571,043,000 Jan. 8, followed by an increase to $5,592,022,000 Jan. 15, but with a drop to $5,416,635,000 Jan. 22, and with the amount Jan. 29 at $5,477,377,000. The deposits went through somewhat similar fluctuations. From $5,344,747,000 Dec. 31 there was a decrease to $5,179,039.000 Jan. 8, with an increase again to $5,226,358,000 Jan. 15, but with a drop to $5,072,298,000 Jan. 22, and with the amount Jan. 29, $5,076,270,000. With deposits thus reduced, impairment of legal reserves followed entirely from the drawing down of reserves with the Federal Reserve Bank, as already indicated. In the item termed “ bills payable, rediscounts, acceptances and other liabilities” the changes accord very closely, though not exactly, with the changes in the other items just discussed. In other words that item moved towards lower levels. It was $721,662,000 Dec. 31, dropped to $596,858,000 Jan. 8, then recovered to $655,189.000 Jan. 15, and was again reduced in the two succeeding weeks, being $627,857,000 Jan. 22 and $614,355,000 Jan. 29. Turning now to the weekly statements of the Federal Reserve Bank of New York, we find further evidence con firmatory of what has already been said. In other words, the facilities of the institution were engaged in greatly dimin ished degree. The bank’s rediscounts dropped from $176,059.000 Jan. 5 to $60,192,000 Jan. 26, and were $76,743,000 Feb. 2. Its open market purchases fell from $119,850,000 Jan. 5 to $59,852,000 Jan. 26, and were $92,706,000 Feb. 2. Total bill and security holdings were more than cut in two, dropping from $360,262,000 Jan. 5 to $174,162,000 Jan. 26, but were $223,567,000 Feb. 2. With the holiday demand satisfied, the volume of Federal Reserve notes also diminished further, following the contraction the latter part of Decem ber. The amount decreased from $405,808,000 Jan. 5 (and from $421,548,000 Dec. 22 and $408,621,000 Dec. 29) to $391,838,000 Jan. 12, but then increased again to $395,571.000 Jan. 26 and to $406,771,000 Feb. 2. Member banks’ reserves declined from $956,111,000 Jan. 5 to $830,699.000 Jan. 26, and were $845,227,000 Feb. 2. When we come to the figures for the twelve Federal Re serve banks combined, we find the same changes as those just noted for the Federal Reserve Bank of New York, as would be expected, seeing the dominant part played by the New York Reserve institution in the general totals. For the twelve banks combined, the total of bills discounted shrank from $719,931,000 Dec. 29 to $365,157,000 Jan. 26, 9 and was $393,271,000 Feb. 2, while holdings of open market purchases of acceptances fell from $378,798,000 Dec. 29 and $388,837,000 Jan. 5 to $301,827,000 Jan. 26, with the amount $329,072,000 Feb. 2. Total bill and security holdings declined from $1,409,529,000 Dec. 29 to $972,249,000 Jan. 26, and was $1,028,722,000 Feb. 2. Member bank reserves, after rising from $2,264,144,000 Dec. 29 to $2,351,953,000 Jan. 5, fell off to $2,191,753,000 Jan. 26 this reflecting the diminishes borrowing by member banks, but were $2,241,946,000 Feb. 2. Gold reserves increased from $2,814,811,000 Dec. 29 to $2,966,790,000 Jan. 26, and were $2,961,863,000 Feb. 2. Federal Reserve notes in actual circulation decreased from $1,857,915,000 Dec. 29 to $1,688,485,000 Jan. 26, and to $1,686,515,000 Feb. 2. C O U R S E OE S T E R L IN G E X C H A N G E D U R IN G J A N U A R Y . The foreign exchanges in the opening month of the new year were devoid of any of those sensational and spectacular features which had marked so many months during the calendar year 1926. There were, however, speculative moments in some of the minor currencies, more particularly in the case of Spanish pesetas, where a further rise occurred. The French franc was well maintained at the rate fixed the previous month and there was a consensus of opinion that financial conditions had greatly improved all over Europe during 1926, and that the outlook was better than at any time since the close of the World War. Reductions in official discount rates at several of the European centres, more particularly at Berlin, at Brussels, and at Vienna, were tangible evidence of the improved situation prevailing. The lowering of the discount rate of the Bank of Germany was especially impressive evidence of the kind_, as a reduction of full 1% was made, bringing the quotation down to 5% or to the same figure as that of the Bank of England. _ As far as sterling exchange is concerned, rates again drifted lower, but not enough to furnish occasion for uneasiness. Expectations of a possible reduction in the Bank of England rate of discount occasioned fears that this might lead to withdrawal of some American balances at London, though as money rates at New York also tended lower, it did not appear that the relative situation as between London and New York had changed very greatly. The latter part of the month sterling bills were on offer quite freely and it was claimed that some of these emanated from Germany, though it was urged that no significance was to be ascribed to this, it being explained as being simply the repayment of dollar loans negotiated some time ago when monetary conditions in Berlin were stringent. Funds at that centre being de cidedly easier now, these loans are being paid off. A real depressing influence, more potential than any other, was the threatening situation in China caused by the up rising against foreigners and particularly against British subjects. Even the foreign concessions at Shanghai appeared in danger and G; eat Britain found it necessary to arrange for the concentration of large forces there to insure the pro tection of life and property. There was at the same time a development of a strong nationalist feeling in China induced by the victories achieved by the Cantonese armies of South China. These arm'es appeared to be moving on Shanghai, though professing no hostile intent against foreigners. It was feared that out of this Great Britain might become involved in actual warfare with China, though the British Government showed a very conciliatory attitude, hardly less so than the Government of the United States, as already indicated in the earlier part of this article. The Chinese situation did perhaps more than anything else to weaken sterling exchange rates the latter part of the month. Bankers’ sight bills on London declined from $4 85 Jan. 3 to $4 84 7-16 Jan. 31. One important event of the month of little moment for the time being, but having great possibilities for the future, was the opening of telephone communication between London and New York. Formal opening of telephone trans mission by means of the radio and land wires occurred on Jan. 7. In banking circles it was urged that telephonic communication might eventually revolutionize exchange dealings with London. The international Acceptance Bank was one of the first to avail itself of the innovation, and was reported as having put through transactions to the amount of $6,000,000 with the Midland Bank of London. A few other financial institutions followed suit in minor ways. This applies not only to New York, but to some out-of-town banks. However, other financial institutions appeared disinclined to follow in the footsteps of the Acceptance Bank, and it soon developed that certain defects would have to be over come before the new method could become a factor of practical value. Absolute secrecy, as well as quick and dependable connections, are essential to trading in foreign exchange, neither of which exist at present by means of the radiophone. Foreign exchange traders, however, think that when secrecy is assured this device will occupy an important place in the sterling exchange market, especially in the con summation of large transactions. That it will displace the cable transfer is regarded as improbable. It should rather supplement it and place traders in New York on a footing similar to that enjoyed by Continental centres with telephone connections with London. No gold was shipped from London to New York during the month, but large amounts came from Canada, exchange rates on the Dominion favoring the movement. Some large consignments of gold 1: kew , e ar 10 MONTHLY REVIEW [ V o l . 124. rived at New York from Paris, this being part of the plan of the 639,315,000 francs on Jan. 26, but an increase of 453,685,90^ French Government and the Bank of France for stabilizing francs in the return for Feb. 2. the French franc. Some Chilean gold was also received here. Belgian exchange having been stabilized, the new Belgian On the other hand, the Federal Reserve Bank of New York unit, the belga, fluctuated even less than the French franc, resumed shipment of gold to Germany for the Reichsbank the range for the month having been 13.91J^ Jan. 5 and out of the reserve of gold, all ear-marked, held in this country. 13.893^ Jan. 25 and Jan. 31. The National Bank of Belgium on Jan. 12 reduced its discount rate from 7% to 63^% . T H E C O N T IN E N T A L A N D O T H E R F O R E IG N E X C H A N G E S . The 7% rate had been in effect from the previous April 23 The French franc was maintained throughout the month when it was lowered from 7J^%. The Italian lire moved at a surprisingly steady level, considering the huge fluctua towards lower levels as a result of heavy selling pressure, tions in it during 1926, and the plans of the French Govern mainly, it was claimed, of foreign origin. A good deal of ment with reference to the subject were outlined and de the sell ng was thought to be for account of Italian bankers veloped in an elaborate report made by Premier Poincare who were supposed to be acting for the Government. The before the Finance Committee of the French Chamber of general impression was that there had been unloading with Deputies of Jan. 25, which has already been discussed at the approval of the Italian authorities who apparently were length further above. M . Poincare presented figures bearing as reluctant to leave an extended long position outstanding on the wonderful transformation effected in French finances as they were to permit a large short interest. Both it is since he assumed the reins of Government at the head of a thought constitute a menace to stability. Sight bills on coalition ministry the previous July- He made it plain Rome declined from 4.5024 Jan. 3 to 4.21 Jan. 11, then that his ministry had no intention of stabilizing the recovered to 4.393^2 Jan. 14 and were 4.263^@4.28 Jan. 31. franc at the present time, but the policy of the French The German reichsmark also developed a slight downward Government for the time being, in agreement with the Bank tendency and checks on Berlin declined from 23.78 Jan. 3 of France, was to keep the franc around 253^ to the dollar. to 23.68 Jan. 27, with the rate Jan. 31 23.683^@23.69. This would be ;s little ess th; n 4c. in U S. money, and bankers’ As already noted, the Bank of Germany on Jan. 11 reduced checks on Paris during the month were maintained at only a its discount ra e from 6% to 5 % . The 6% rate had pre few points less than that figure. The rate ranged from vailed since July 6 1926. The Bank of Austria on Jan. 18 3.933^ Jan. 4 to 3.97 Jan. 17, and then ranged downward reduced its discount rate from 7% to 634>%. The 7% rate again to 3.9224 Jan. 31. It was stated early in the month had been i force since Aug. 6 1926. The Austrian schilling that the Bank of France had discontinued its original plan did not deviate from 14}^c. throughout the month. The of offering to buy and sell unlimited amounts at a fixed price note circulation of the Bank of Germany decreased 298,723,and was now simply instructing its representatives to prevent 000 marks the first week of the month, 303,686,000 marks anything more serious than fractional fluctuations in rates. the second week and 156,385,000 marks the third week, Foreign exchange traders regarded this as much sounder with the usual large increase the final week of the month. than the original plan. As an indication of the improvement The Greek drachmae recovered again during January and in French finances, the French Government’s borrowings after selling off to 1.2524 Jan. 11, itadvanced to 1.32 Jan. 31. from the Bank of France were reduced 1,000,000,000 francs The Polish zloty did not deviate from 11.50 throughout the the first week of the month, 450,000,000 francs the second month. week, 900,000,000 francs the third week and 1,100,000,000 j Rates on the Continental centers not involved in the francs in the week ending Jan.26, with 650 000 ( 00 francs m j e 1World War were not greatly changed, except in the case of decrease in the week ending Feb. 2. The note circulation of the i Spanish pesetas which further sharply advanced, the rate Bank of France registered an increase of no less than 1,398,- for bankers checks rising from 15.3434 Jan. 3 to 16.75 Jan. 31. 039.000 francs in the week ending Jan. 5, but a reduction The rise in the peseta seemed to be due largely to speculation, of 789,080,000 francs on Jan. 12, a further reduction of the work of a group of Amsterdam operators according to 704.456.000 francs on Jan. 19, and still another reduction of report. A perfect avalanche of buying orders was in eviRATES OF EXCHANGE ON C ON TIN EN TAL CENTRES. N O T E .— T h e B elg ia n G ove rn m en t on O c t. 26 1926 ad op te d t h e “ b e lg a ” as th e ir u n it o f cu r r e n cy . fi : a; *"> A b elg a is eq u a l to five fra n c s. Paris Sw iss A m sterd am A n tw e r p Ita lia n G re ek Francs Francs Guilders Belga Lira Drachma Bankers' Checks Bankers' Checks Cables Bankers’ Cables Checks l| H O L ID A Y 21 SUN D A Y 3j3.94M a3.94H 3.9 5M a 3 .9 5M 4j3.93H a3.94M 3.9 4M a 3 .9 5M 51 3.94 3.95 6 3.94 3.95 7 3.9 4M 3.95M 8j3.94M a3.95M 3.9 5M a3 .9 6M 91 SU N D A Y 101 3.9 5M 3.96 M 11' 3.95 M 3 .9 6M a 3 .9 6M 12, 3.96 3.97 1 3 3.96 a3.96M 3.97 a3.97M 141 3.96 M 3.97 M 15l 3.96M 3.97M 16 SU N D A Y 17j 3.97 3.98 18l3.96M a3.97 3.9 7M a3 .9 8 19j 3.98 3.97 20l3.95M a3.96M 3.9 6M a 3 .9 7M 21j3.95M a3.95M 3.9 6M a3 .9 6M 22; 3.9 5M 3.96 M 23j SUN D A Y 24j3.94M a3.95M 3.9 5M a 3 .9 6M 25i3.94M a3.94M 3 .9 4 M «3 .9 4 M 26l3.93M a3.94M 3.9 4M a3 .9 5M 27j3.93M a3.93M 3.9 4M a3 .9 3M 28i3.93 a3.93M 3.94 a3.94M 29|3.93 a3.93M 3.9 4 a3.94M 30j SUN D A Y 31!3.92M a3.93 3 .9 3M a 3 .9 4 Cables H O L ID A Y SUN D A Y 19.30 a l9 .3 1 19.31 a l9 .3 2 19.30M 19.31M 1 9 .30M a l9.31 19.31 M a l9 .3 2 19 .29M a .3 0M 19.30M a.31M 19.29M 19.SOM 19.29M 19.SOM SU N D A Y 1 9 .2 7 M a l9 .2 9 19 .2 8 M a l9 .3 0 19.27M 19.28M 19.27 19.28 19 .2 7 a l9 .2 7 M 19.28a l9.28 M 19 .26M a .2 7M 19.27M a.28M 19.26 M 19.27 M SU N D A Y 1 9 .2 5 M a l9 .2 6 19 .2 6 M a l9 .2 7 19.26M 19.25M 19.26M 19.25M 19.26M 19 .2 5 M 19.26M 19.25M 19.26M SUN D A Y I9 .253 ^ a l9.26 1 9 .2 6 M a l9 .2 7 19.25M 19.26M 19.24M a.2 5M 19 .25M a .2 6M 1 9 .2 3 M a l9 .2 5 1 9 .2 4 M a l9 .2 6 19.23M 19.24M 19.23M 19.24M SUN D A Y 1 9 .2 2 M a l9 .2 3 1 9 .2 3 M a l9 .2 4 HOLI SU N 40.00 M 40.00 O40.01 39.99M a40.0 0 39 .99M a40.0 0 39.99M 39.99 SUN 39 .98M 39.98 39.97 a39.98 39.97a 39.97M 39.96M a39.3 7 39.97 SUN 39.96 a39.98 39.98 39.97 39 .97M a39.9 8 3 9 .96M a .9 7M 39.96 SUN 39 .9 6 M a .9 7 M 39 .95M a39.9 7 39.95a.39.95M 39.95 39.95 39.94M SUN 39.93M a39.9 4 Bankers' Checks Sight Cables DAY HOLI DAY SUN 13.91 40.02M 40.02 a4 0.03 13.90 M al3.91 40.01 M a40.02 13.91 M 40.01 M a40.02 13.91 M 13.90 M 40.01 M 40.01 13.90M DAY SUN 4 0 .00M 13.90 M 40.00 13.90M 39.99 C40.00 13.90 13.90 39'.99a39.99M 39 .98M a39.9 9 13.90M 39.99 13.90M DAY SUN 13.90 39.98 a40.00 40.00 13.90 39.99 13.90 39 .98M a39.9 9 13.90 13.90 3 9 .97M a .9 8M 39.97 13.80 DAY SUN 13.90 3 9 .9 7 H a .9 8 H 39.96 M a39.98 13.89M 13.90 39 .96a39.96M 39.96 13.90 13.90 39.96 13.90 39 .95M DAY SU N 39 .94M a39.95 13.89M DAY DAY 13.92 13.91 M a l3 .9 2 13.91 M 13.91M 13.91M 13.91 M DAY 13.91M 13.91M 13.91 13.91 13.91M 13.91M DAY 13.91 13.91 13.91 13.91 13.91 13.91 DAY 13.91 13.90M 13.91 13.91 13.91 13.91 DAY 13.80M Bankers’ Cobles HOLI SUN 4 .4 7 a..50M 4.4 6 a.49 4.42 a.47 4 .3 8 M a .4 3 4.3 8 a .43 4.3 8 a .40 SUN 4.3 0 a.36 4.21 a .27 4.21 a. 27 4 .3 1 M a .3 6 M 4 .3 4 M a .3 9 M 4.31 a .34 SUN 4 .2 7 M a .3 0 4.2 8 a.33 M 4 .3 0 M a .3 2 M 4.3 1 M a .3 3 M 4 .3 1 M a .3 4 4.3 3M SUN 4 .2 8 a.30M 4 .2 7 M a .2 9 M 4 .2 8 a.31M 4.2 9 a.31M 4.2 7 M a .2 9 M 4.28 SUN 4 .2 6 M a .2 8 DAY DAY 4.4 8 a. 5 1 M 4 .4 7 a. 50 4.4 3 a.48 4.3 9 M a .4 4 4.3 9 a .44 4.39 a.41 DAY 4.31 a .37 4.2 2 a.28 4.22 a.28 4.3 2M a .37 M 4.3 5M a .40 M 4.32 a.35 DAY 4 .2 8M a .31 4.2 9 a.34M 4.31 M a.33M 4 .3 2 M a .3 4 M 4.32 M a. 35 4.34M DAY 4.2 9 a.31 M 4 .2 8 M a .3 0 M 4 .2 9 a.32M 4.30 a.32M 4.2 8M a .30 M 4.29 DAY 4.2 7 M a .2 9 Bankers’ Cables Checks H O L I 1D A Y SUN D A Y 1.26 1.27 1.27M 1.26M 1.26 1.27 1.26 1.27 1.26 M 1.27M 1.27 1.26 SUN D A Y 1.26 1.27 1.25M 1.26M 1.2 6M 1.2 7M 1.27M 1.28M 1.28 1.29 1.29 1.30 SUN D A Y 1.28M 1.29M 1 .2 8M a .28 M 1 .2 9M a .29 M 1.30 1.31 a .32 1.30 M 1.31M 1.30M 1.31 M 1.30 a.30M 1.31 a.31 M SUN D A Y 1 .3 0M a .31 1.29M a.30 1.30M 1.31M 1.30M 1.3 1M 1.30 1.31 1.31M 1.30M 1.32 1.31 SUN D A Y 1.31M a.32 1.3 2 M a .3 3 D enm ark Sw eden N orw ay B erlin Kroner Kroner Reichsmarks V ie n n a Si hilling S p an ish Kroner Bankers' Checks Cables Bankers' Cables Checks Bankers' Checks Cables Bankers’ Checks Cables Be nkers’ Checks Cables Bankers’ Checks Cables Pesetas J anu ary. HOLI 1 ___________________ 2 .............. ..................... SUN 3 .................................... 26.67 4 ___________________ 26.67 5 ----------------------------26.67 6 ___________________ 26.67 7 ___________________ 26.65 8 ___________________ 25.65 9 ___________________ SUN 10___________________ 26.66 11___________________ 26.65 12___________________ 26.65 13___________________ 26.65 14___________________ 26.64 26.64 15___________________ 16___________________ SUN 26.64 17___________________ 26.64 18____ ______________ 19___________________ 28.63 2 0 ___________________ 26.63 2 1 ___________________ 26.63 2 2 ___________________ 26.63 SUN 2 3 ___________________ 2 4 ___________ : ______ 26.64 26.64 2 5 ___________________ 26.64 2 6 . _______ __________ 2 7 ___________________ 2 6 .6 3 M 2 8 ___________________ 26 .63M 2 9 ___________________ 26.63 M SUN 3 0 _______ . . . .. . . 3 1 ______ . . ^6.630,1(6.64 DAY HOLI DAY SUN 26.72 26.68 26.72 26.68 26.68 26.71M 26.72 26.68 26.66 26 .71M 26.72 26.66 DAY SUN 26.71 26.67 26.66 26 .71M 26.71 26.66 26.66 26.71 26.71 26.65 26.65 26.71 M DAY SU N 26.65 26.71 26.65 26 .69M 26.64 26.69 2 6 .64 26.69 26.64 26.69 26.64 26.69 DAY SUN 26.65 26.69 26.65 26.69 26.65 26.69 26.68 2 6 .64M 26.67 26 .64M 26 .64M 26.67M DAY SUN 26.64a26.65 26.67a .67M DAY DAY 26.73 26.73 28 .72M 26.73 26 .72M 26.73 DAY 26.72 2 6 .7 2 M 26.72 26.72 26.72 26 .72M DAY 26.72 26 .70M 26.70 26.70 26.70 26.70 DAY 26.70 26.70 26.70 26.69 26.68 26 .68M DAY 26.68a.68M HOLI SUN 25.43a25.47 25.51 a25.54 25.47a25.52 25 .44M 25.47 25.45 M SUN 25 .47a .59 H 25.56a .64M 25.63a25.67 25.62a25.67 25.63 25 .64M SUN 25.59a25.66 25.54a25.55 25 .44a .4 8M 25 .47 a .4 9 M 25.48 25.49 SUN 25.47a25.53 25.56 25.57a25.59 25.60a25.77 25 .72M a .8 0 25.76 SUN 25 .85M DAY DAY 25.44a25.48 25.52a52.55 25.48a25.53 25.45M 25.48 25.46 M DAY 25.48a.60M 25 .57a .6 5H 25.64a2o.68 25.63a25.68 25.64 25 .65M DAY 25.60a25.67 25.56 25 .45a .4 9M 25 .48a .5 0M 25.49 25.50 DAY 25.48a25.54 25.57 25.58a25.60 25.61a25.78 25.73M a.81 25.77 DAY 2 5 .8 6 M HOLI D A Y SU N D A Y 23 .7 7 M a .7 8 23 .78M a .7 9 23.77 23.78 23 .74M 23.745a.755 23.74M 23 .75M 23.73M 23 .74M 23 .72M 23.73M SUN D A Y 2 3 .73M 23.74M 23.71a .73M 23.72a .74M 2 3 .70M a .7 2 23.71 M a.73 23.70a .7 1M i6 3.71 a .72M 23.73a23.74 23.74a23.75 23.73 23.74 SUN D A Y 23.71a .72M 23 .72a .7 3M 23.71 23.72 23.705a.715 23.715a.725 2 3 .7 1 M 23 .70M 23 .70M 23.715a.725 23.69 23.70 SUN D A Y 23.69 23.70 23.6S34a.69U 23.6934a.70U 2 3 .68M 23 .69M 23.69 23.68 23.69 23.70 23.69 23.70 SU N D A Y 2 3 .68M a .6 9 23 .69M o .7 0 HOLI SUN 14M 14 M * 14M 14 M 14M 14M SUN 14 M 14M 14 M 14M 14 M 14 M SU N 14M 14M 14M 14M 14 M 14M SUN 14 M 14 M 14M 14 M 14 M 14M SUN 14M DAY DAY 14M 14M 14M 14M 14M 14M DAY 14M 14 M 14M 14M 14 M 14M DAY 14M 14M 14 M 14M 14M 14 M DAY 14M 14M 14M 14M 14M 14M DAY 14M HOLI SU N 15 .34M a.4 3 15 .4 8 a l5 .5 4 15.42M a.46 15.44a l5.52 15.52a l5.56 1 5 .52a l5.54 SUN 15 .7 5 a l5 .8 8 1 5 .72a l5.87 15.S 9al6.04 15.91a .01M 15 .9 4 a l6 .0 8 16.07a .10M SUN 16.18a l6.31 1 6 .09a l6.22 16 .04M a.1 5 1 6 .14a l6.22 16.18a .22M 1 6 .17a l6.20 SUN 1 6 .30a l6.37 16.35a l6.43 16.28a.34M 1 6 .48a l6.57 16.54a.60M 16 .53M a.6 4 SUN 1 6 .69a l6.75 DAY DAY 1 5 .3 5 M a .4 4 1 5 .4 9 a l5 .5 5 15 .43M a.4 7 1 5 .4 5 a l5 .5 3 1 5 .5 3 a l5 .5 7 1 5 .5 3 a l5 .5 5 DAY 1 5 .7 6 a l5 .8 7 1 5 .73a lo .88 1 5 .9 0 a l6 .0 5 15.92a.02M 1 5 .95a l6.09 16.08a .11M DAY 1 6 .1 9 a l6 .3 2 16 .1 0 a l6 .2 3 1 6 .05M a .1 6 1 6 .1 5 a l6 .2 3 16.19a.23M 16.18a l6.21 DAY 1 6 .3 1 a l6 .3 8 1 6 .3 6 a l6 .4 4 16.29a .35M 1 6 .4 9 a l6 .5 8 16 .55a .6 1M 1 6 .54M a .6 5 DAY 1 6 .7 0 a l6 .7 6 11 MONTHLY REVIEW F eb ., 1927.] dence. Nervous excitement attended the rise and while considerable business was transacted in the local market the real center of activity was London, though with con siderable buying and selling for the continent. The Bank of England was reported as having sent several small ship ments of gold to Spain, and while this probably had nothing to do directly with the fluctuations in Spanish exchange it is thought to have greatly strengthened the influence of the speculative interests working for higher rates. In the case of the Scandinavian exchanges, the Norwegian crown again moved higher and Jan. 31 got up to 25.85^4, against 25.43@ 25.47 Jan. 3. Checks on Denmark were 26.63 @26.64 Jan. 31, against 26.67 Jan. 3; checks on Sweden were 26.67@ 26.67 }/2 Jan. 31, against 26.72 Jan. 3. Announcement by the Danish trade minister that under the new law he will restrict the redemption of notes to gold bars for at least a year was received with considerable interest and interpreted as meaning that gold coins would remain out of circulation in Denmark. Swiss francs and Dutch guilders were both somewhat lower, the former closing at 19.223/2 @19.23 Jan. 31, for bankers checks, against 19.30@19.31 Jan. 3, and checks on Amsterdam being 39.9334@39.94 Jan. 31. against 40.0034 Jan. 3. In rates on South America the Brazilian milreis, after declining to 11.45 Jan. 5, advanced to 11.95 Jan. 29, with the rate Jan. 31,11.90, evidently on a more favorable view of the stabilization plan of the Brazilian Government. The Argentine peso was not greatly changed, being quoted at 41.31 Jan. 31 for checks, against 41.39 Jan. 3. The Chilean peso was slightly lower, while the Peruvian libra moved up from 3.57@3.58 Jan. 3, to 3.69@3.70 Jan. 31. Rates on the Far East moved sharply upward in the case of the silver using countries on the advance in the price of silver. Heavy buying of silver was associated with the military activities in China. There was act ve covering by Chinese speculators. Fears of a break of the United States with Mexico and pos sible curtailment of Mexican silver production were also responsible for the increased buying. The dollar on Hong Kong advanced from 48.00@48.20 Jan. 5 to 51 3-16@ 52M Jan. 31, and the tael on Shanghai rose from 59 7-16@ 5934 Jan- 5 to 6 6 ^ @6634 Jan- 31. Rupees on Bombay showed only fractional fluctuations. The Japanese yen was 48.85@49.00 Jan. 31, against 49@49 3-16 Jan. 3. The price of silver in London after declining to 24^4d. per ounce Jan. 5, rose to 27^4d. Jan.29, with the price Jan. 31, 27 9-16d. The Bank of India on Jan. 13 advanced its rate of discount from 5% to 6 % , after having on Dec. 30 raised the rate from 4 % to 5 % . •— ©cO OO-*405C n^C O tO h-*©?CO O *<ia5Cn^CO bO >-‘ ©<DOO~qaiC7ttf>*WtOi- ^ rf*CO CO GO -t* 0 00 00 ^ £*■ ^ rf* 00CO ■*£*S OOGOGO fJpXSjrX aa a^rnHm oa 1 aO£ ^ rrjCaCC OCa GOa CO 00£0C “ £^O0,0. goH icl"2 = g sss rf*>*** ‘ 0^ OOOOOOOOb* 0 >00 0000000000>.> 00000 >. 00 00 oc 5 > 00 ■OrOtOtCnOi Cn ■k-■ 5 IkJ aQ ® ® 0 00 00 0 SS^S« 3« * CO^ ^ S*O O00 ® a a a ^ ^ ^ a a a a a a ]aaaa 0 0000000 NfCn OOCn QO OO^N? oo oo oo 00 00 00 00 00 CnO tO\® Gr 0 O0 rC nC nC nC nC n 01 Cu C Cn Ox* N ji 4^ 000000 ^ ^ ^ 4^4^ 4^- ►£*4^ 4^ 4- 4*£ £ O,x> a a a a a a a a£ a ^Q 1 ^'^^ o4^ o4 o»o.o4^ o0 o*o. < £< g g °rS :£ 4*0.0 40 *4 S&STSXX 4^. 4^4*- 4*- 4^4^4^. a0-^ 0 a0a a0a ^a a ____ a ^^ 0 C O 0 C O 4^ » 4*. 4^ JK 4k. ^ o o o o o o ^ ^ cogo o o o o oo©., 0 .0 0 0 0 7: 774^ 4^ o o ©o ©o £ £ £ COCO00 eT 27*0^ 1^ aaaaaa a a a ^ ° ° cooooo -NTN" cooooc0000oo O C O “ 00\00\ oooo o © ®*a aOa aO CO a CO-7 OoC o® oG oCOo'C *■ 4^4^4^ 4*.4^4*.4».4^. i m-qm7}H ’ ^ as ^ ^ £1 i^ ^ O a a a ^ ^ O a a a a a a d -i M 0Q - m 3 *5 i do °°a a a a oo'7°°Nc : 4*> 4^ 4^4^4^-4*CO 00 0000CO00 qQ onoon ^ CO co 00 « °°N,XN ^OOOOOOCOCOOO^> 4^4*“4^ 00CO00 S?9^4^4». © © o —h- i-* £ £ £ COCOCO a a a a a a a a a 9 ° ° 0 000cc g ococococ00 4x S ? 5 9 0 0- O CO© COO CO> C O-O = v b 4*-4^4^ 4^4- 4^ 4^4^ 4^ 4^- 4^* G O0000 C O 00O Q00CO00 4— *O .G 4— > .0 4— *0.4.^4K 4^- 4^ 4^- 4^ . *4.^ c4^o --Q Cm\ck\taCOCO “ « °°X®00 ^aaa a ‘' C O00CON 0 0a COaaa^ 00G O00N T1 4^. 4^. 4*. 4x ^ ^ tU4* 4^a rats*£ »S «-\ 0 0 0000CO00 ^Lf.4^4^4^4*- S3 » to RATES OF EXCH AN GE ON OTH ER CENTRES. c a 1 -. 2 -. 3 -. 4 -_ 5 -6 -7 -_ 8 -9 -_ 1 0 -1 1 -12- 13- 14- 1516- 1 7 -1 8 -. 1 9 -20__ 2 1 -2 2 -. 2 3 -24 -_ 25 -_ 2 6 -2 7 -. 2 8 -_ 2 9 .. 3 0 -_ 3 1 -- . B u c h a re st Dollars Kronen Checks Checks disc. disc. disc. disc. disc. disc. 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % “ «4% U64% =i6% *64% »64% *««% disc. disc. disc. disc. disc. disc. 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % =32% u 64% =32% =32% =32% =32% disc. disc. disc. disc. disc. disc. 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % =32% =32% =32% =32% =32% =32% disc. disc. disc. disc. disc. disc. 2 .9 6 % 2 .9 6 % o 2 .6 9 % 2 .9 6 % 2 .9 6 % 2 .9 6 % 2 .9 6 % ‘ 32% d is c . 2 .9 6 % d B u l H u ngary Serbia Leu Pengo Dinar Chervonetz. Checks Checks Checks Checi s Checks Checks Checks Checks Cables 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 41.39 41.33 41.20 41.24 41.33 41.37 41.44 41.38 41.25 41.29 41.38 41.42 11.70 11.60 11.45 11.50 11.65 11.60 11.75 11.65 11.50 11.55 11.70 11.65 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 41.35 41.31 41.31 41 .35 41.39 41.35 41.40 41.36 41.36 41.40 41.44 41.40 11.65 11.75 11.60 11.60 11.65 11.65 11.70 11.80 11.65 11.65 11.70 11.70 5.1 5 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 41.35 4J.31 41.28 41.28 41.31 41 .35 41.40 41.36 41.33 41 33 -11.36 41.40 11.65 11.65 11.65 11.65 11.75 11.70 11.70 11.70 11.70 11.70 11.80 11.75 5.15 5.15 5.15 5.15 5.15 5.15 .73 .73 .73 .73 .73 .73 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 2 .5 2 % 41.31 41.37 41.35 41.35 41.35 41.31 41.36 41.42 41.40 41.40 41.40 41.36 11.75 11.70 11.70 11.80 11.87 11.95 11.80 11.75 11.75 11.85 11.92 12.00 .73 2 .5 2 % 41.31 41.36 11.90 11.95 11.50 11.50 11.50 11.50 11.50 11.50 17.60 17.60 17.60 17.60 17.00 11.50 11.50 11.50 11.50 11.50 11.50 17.60 17.60 17.60 17.50 17.50 17.50 .5 3 % .53 % .53 .5 2 % .5 2 % ■52 % 11.50 11.50 11.50 11.50 11.50 11.50 17.50 17.50 17.50 17.50 17.50 17.50 .5 2 % .5 3 % .54 .5 4 % .54 .54 11.50 11.50 11.50 11.50 11.50 11.50 17.50 17.50 17.50 17.55 17.55 17.55 11.50 17.50 .5 2 % 0 .5 3 .5 2 % .53 .53 a. 53% .5 4 M « .5 4 % .54 .54 o .5 4 % H O L ID A Y SUNDAY 1 .7 6 % 1 .7 6 % 1 .7 6 % 1 .7 6 % 1.76 % 1 .7 6 % SUNDAY 1 .7 6% 1 .7 6 % 1 .7 6% 1 .7 6 % 1 .7 6 % 1 .7 6 % SUNDAY 1 .7 6 % 1 .7 6 % 1 .7 6 % 1 .7 6 % 1 .7 6 % 1 .7 6 % SUNDAY 1 .7 6 % 1 .7 6 % 1.76 % 1 76 % 1 .7 6% 1 76% SUNDAY 1.76 % y P o r tu garia Lev 5.15 Shang h ai Yoko h am a Yen U ru guay’ V en e zu ela ♦C h ile P eru gal H ong Kong BolUtano Dollars Sucre Peso Bolivar Peso Libra Escudo Dollars Tael Checks Checks Checks Checks Checks Checks Checks Checks Checks 33 % 33 33 % 33 H 33M 33 M 98.28 98.28 98.28 9S.28 98.28 98.28 18=i« 18=16 18 = 18=16 18 = 18=16 102 0102,39 102 O102.3S 101.60ol02.13 101.60 ol0 2.13 101,60a 102.13 101.78 ol0 2.13 19.06 19.06 19.06 19.06 19.06 19.06 ll.9 8 o l2 .1 2 ll.9 8 o l2 .1 2 12 .00o l2.12 12 .00o l2.12 12 .00o l2.12 12 .00o l2.12 3.57 3.57 3.56 3.56 3.56 3.56 o3.58 a3.58 03.57 03.57 o3.57 03.57 33 K 3354 33^ 33 H 33M 33H 98.28 98.28 98.28 98.28 98.28 97.80 18 =16 18=16 18=16 1S=16 18=16 18=16 10 1.75 a l0 2.39 10 1.73 o l0 2.08 10 1.7 3 a l0 2.08 101.60al02.0S 101.37al02.38 10 1.25 a l0 2.39 19.06 19.06 19.06 19.06 19.06 19.06 ll.9 5 o l2 .1 2 3.57 12.00O12.1 2 3.57 1 1 .9 9 o l2 .1 2 3.57 1 1 .9 9 o l2 .1 2 3 .5 8 1 1 .9 8 o l2 .1 2 3 .5 8 12 .0 0 o l2 .1 2 3.58 03.58 a3.58 03.58 03.59 03.60 a3.60 33% 33% 33 % 33% 33% 33% 97.80 97.80 97.80 97.80 97.80 97.80 18=16 18=16 18=16 18=16 18=16 18=16 1 0 1.50 a l0 2.39 10 1.5 2 o l0 1.75 10 2.52 a l0 1.75 101.520101.87 10 1.5 2 a l0 1 .87 10 1.52 o l0 1.87 19.06 19.06 19.06 19.06 19.06 19.06 11.99 o l2 .1 2 3.58 ll.9 8 o l2 .1 2 3.58 1 2 .00a l2.12 3.59 1 2 .00a l2.12 3.62 12.00a l2.12 3.6 3 1 2 .0 0 o l2 .12,3.68 a3.59 o3.59 03.62 o3.64 a3.65 a3.70 33% 33% 33% 33% 33% 33% 97.86 97.86 97.86 97.86 97.86 97.86 18=16 18=16 18=16 18=16 18=16 18=16 101.75 al0 2.39 101.50 al0 1.87 10 1.37 al0 1.82 101.370101.82 10 1.25 a l0 1.82 1 0 1.25 a l0 1.87 19.06 19.06 19.06 19.06 19.06 19.06 1 1 .9 5 o l2 .1 2 3 .6 7 1 1 .9 5 o l2 .1 2 3 .6 8 ll.9 6 a l2 .1 2 3.68 1 1 .9 6 a l2 .1 2 3 .6 8 11.96a l2.12 3.68 ll.9 5 a l2 .1 2 3.69 o3.69 03.69 03.69 03.70 03.70 a3.70 33% 97 R6 10S,„ m i 2<j/vino *>Q 16 16 19.06 * Cents ol U. 8 . money per Chilean pesoequivalent to 1,8 00.0 00 marks. F in n ish Mark ka. e P olish Zloty .53 .5 3 % .53 .53 .5 3 % .5 3 % %% %% *64% *«4% =32% 116i% C olom E c u a dor B olivia bia 13 14 15 16! 17, 18; 19 20 R u s sian C anad a C zech o slovakia 11.95/719.12 3 .fiQ o3 70 HOLI D A Y SUN D A Y 5.16 48 M a 4 8 % 5 9 % 5.15 48 % a 48 % 59% 5.16 '4S.00a48.20 59'is 5.15 4 8 % a 4 8 % 59 % a 4 8 % .5 9 % 5 .0 9 % a 48% 59% 5.15 ! SUN D A Y 5.16 48*,« a 4 8 % 5 9 % 4 8 % a 4 8 % ,6 0 % 5.15 5.15 48% a 48% 60% 4 9 s,e a 4 9 % 6 1 % 5.15 4 9 i'i6a 5 0 % 6 1 % 5.15 5.15 4 9 % a 4 9 % ,6 1 % SU N D AY 5.1 5 j497,e a 4 9 % 62 5.15 ,49*16 a 4 9 % 6 2 % 5.15 49»u a 4 9 % 6 2 % 5.15 49m6a 5 0 % 6 2 % 5.15 50i=i6C 5 1 % 6 3 % 5 im a 6 1 % 6 3 % 5.15 i SU N D A Y 5 0 % <2501=16 6 3 % 5.16 5.15 499i6<2 50 62% 5.15 4 9 % a 50 62% 50 .65a 51.0 0 6 4 5.15 5Ui6 a 5 1 % 6 4 % 5.15 5.15 51i=i6<2 5 2 % 6 6 % SUN n i Y 489,6 48*16 =•1s,, r z American money per Peruvian pound, a a a a a a A r g e n tin a B razil Peso M ilreis Checks M a n ila S in g a p ore Peso B om b ay Java Dollars Rupees Guilders 59% 49 59% 59 % 59% 60% 60 % a 49=i6 49.60a49.75 5 6 % a 5 6 % 3 6 % 49 a 4 9 3ie4 9 .60a49.75 5 6 % a 5 6 % 3 6 % 48 .9 5 a 4 9 .1 9 4 9 .5 0 a 4 9 .6 0 5 0 .15 a 5 6 .5 0 3 6 % 48.95a49.1949.50(249.60 56.15(256.5036% 4 8 .95 a 49 .19 49.50(249.60 5 6 .15o56.50 36 % 4 8 ,95a49.19,49,50a49.6 0 5 6 .1 5a 56.5 0 3 6 % a 6 0 % 48 .9 5 a 4 9 .1 9 4 9 .50a49.60 56.15a56 50 36 % 4 8 .95a49.1 9 4 9 .50a49.60 56 .13a 56.50 3 6 % 48 .9 5 a 5 9 .1949.50(249.60 56% 36% a 62 4 8 .8 0 a 4 9 .0 0 4 9 ,5 0 a 4 9 .6 0 5 6 % a 56 % 3 6 % a 62 4 8 .80a49.0 0 4 9 .5 0 a 4 9 .6 0 5 6 % a 5 6 % 3 6 % a 6 1 % 48.80a 49.00 49.50(249.60 5 6 % a 5 6 % 3 6 % a 61 a 61 a 6 2 % 4 8 .85a49.0 0 4 9 .50a49.60 5 6 % a 62 % 48 .85a 49.0 049 .50a 49.6 0 5 6 % a 6 2 % 48 .85a 49.0 049 .50a 49.6 0 5 6 % a 6 3 % 4 8 .80a 49.0 0 4 9 .50a49.6 0 5 6 % a 6 3 % 4 8 .7 5 a 4 9 .0 0 4 9 .5 0 a 4 9 .6 0 5 6 % a 6 3 % 48.S0a49.00 49.50a49.60 5 6 % a 63% a 63% a 63% a 64% a 64% a 66% 4 8 .80a49.0 0 4 9 .5 0 a 4 9 .6 0 5 6 % 4 8 .8 5 a 4 9 .0 0 4 9 .50a49.6 0 5 6 % 48.85a49.00,49.50a49.60 5 6 % 48.85049.00. 49 .50049.60 5 6 % 4 8 .85a49.0 0 4 9 .50a49.6 0 5 6 % 48 .85049.00. 49.50049.60 5 6 % ' <fiS*/ a fift’-f to qc;„iq no in (vwn 1 y value of Cables one escudo in u . 8 . currency a 36% | 40% a 4 0 % a 36 % 40% a 40% a36% 40% a 36% 40% a36% 40% a 36% 40% a 36% 40% a 36% 40% a 36% 40% a 36% 40% a 36% 40% a 36% 40% a 40% a 40% a 40% a 40% a 40% a 40% a 40% a 40% a 40% a 40% a 56% 36% a 36% 40 % a 40% a a a a 56% 56% 56 % 56% a 56 % 36% 36% 36% 36% 36% a 56% 36 % a 56% 36% a 56% 36% a 56% 36% a 36% 40% a 40% a 36% 40% a 40% a 36 % 4 0% a 40% a 36% 40% a 40% a 36% 40% a 40% a 36% 40% a 40% a 36 % 40% a 40% a 36% 40% a 40% a 36% 40% a 40% a 56% 36% a 36% 40% a 40% a 56% 36% a 36% 40 % a 40% » 3<iu n 3 a!i* 4QHS o 4 0 % e i’he zloty is 12 N ew York Stock Exchange M O N TH LY AN D Y E A R L Y RECORD The following tables furnish a complete record of the New York Stock Exchange transactions for the past month and the year 1926 to date. They need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The blackfaoed letters in the column headed “ Interest Period” indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which Interest is in default. A few other bonds, like the Holland-American Line 6s and the Anton Jurgens Works 6s, for special reasons, are also quoted “flat,” but where this is the case the notation “flat” will be found against the name of the issue. This method of quoting bonds became effective January 2 1909. For footnotes to tables see last page of bonds and last page of stocks. RONDS— PRICES A N D SALES FOR JAN U ARY AND R A N G E FOR TH E Y E A R 1926. BONDS N. T. STOCK EXCHANGE. Sales in U 8 Government First Liberty Loan— First 3 Ms.......................1932-1947 J D 3 ,3 6 0 ,0 0 0 1 5 ,0 0 0 Registered___________________ 3 D 3 ,0 0 0 First 4 s . . . ..................... 1932-1947 J D Registered___________________ ~ D 8 7 9 .0 0 0 D First 4 54 s...................... 1932-1947 4 ,0 0 0 Registered___________________ D First Second 4 Ms.........1932-1947 D Registered___________________ D Second Liberty Loan— 2 3 ,0 0 0 Second 4a_____________ 1927-1942 M N Registered___________________ M N Second 4 Ms................—1927-1942 M N 2 .7 9 9 .0 0 0 9 6 .0 0 0 MN Registered______ Third Liberty Loan— Third 4 Ms................................1928 M 8 2 .7 9 6 .0 0 0 4 6 .0 0 0 Registered_______ M 8 Fourth Liberty Loan— Fourth 4 Ms....... ............ 1933-1938 A o 6 .1 7 4 .0 0 0 4 5 .0 0 0 Registered___________________ A o o 6 4 5 ,0 0 0 Treasury 4 M s ___________1947-1952 2,000 Registered_____________________ o Treasury 4s_____________1944-1954 D 1 .6 6 4 .0 0 0 Registered D 7 8 7 ,0 0 0 Treasury 3Ms----------------1946-1956 M S Staite and City ___Securities 3.000 .1960 M 8 New York City— 4 Ms 2.000 M S Registered_________________ 14,000 *Ms Corporate stock_______ 1964 M S 454s Corporate stock_______ 1966 A O 4 M8__ _ _ 1972 A O 10,000 454s Corporate stock— I I I ! ' 1971 D 2,000 4 Ms Corporate stock_______ 1967 J 3.000 4Ms Corporate stock_______ 1965 D 23.000 4Ms Corporate stock_______ 1963 M S 4% Corporate stock________ 1959 M N 11.000 3.000 Registered___________________ M N 6.000 4% Corporate stock________ 1958 M N 4,000 4% Corporate stock________ 1957 M N 4 s -------------------------------------- 1956 M N 2,000 Registered MN 4 s ................ 1955 M N Registered MN 4 s ...................................Nov. 1936 M N 2,000 4Ms Corporate stock_______ 1957 M N 10,000 4K % Corporate stock______ 1957 M N Registered____________________ M N 5.000 1.000 8 M % Corporate stock______ 1954 M N 1,000 3Ms-------------------------- Nov. 1954 M N 354% Corporate stock______ 1955 M N Y State Cana! 4s____________ 1961 J J 4s------------------------------- -------- I960 J J 4s --------------------------1962 . 4 Ms Canal____________ .1964 J J Highway Improvement 4MS.1963 M S Foreign Govt, and Municipalities 405.000 Argentine Govt public works 6s 1960 A O 38.000 Argentine Nation (Gov) 5-yr 7s 1927 t 268.000 8 f 6s of June 1925_________ 1959 J D 342.000 Extl s f g 6s of Oct 1925_____ 1959 A O 350.000 Sinking fund gold 6s ser A ___ 1957 M 8 External 6s ser B ____________1958 J D 154.000 182.000 Ext s f 6s of May '26 w i_____ 1960 M N 58.000 External 6s Sanitary Works.1961 F A 142.000 Argentine (Rep) 5s of 1909____1945 M 8 514.000 Australia 5s of 1925—July 15 1955 J J Austrian Govt s f 7s__________ 1943 J D 358.000 388.000 Bavaria (Free State) 6 Ms____ 1945 F A 361.000 Belgium 25-year ext s f 7Ms g— 1945 J D 81.000 20-year sinking fund 8s___ 1941 F A 697.000 26-year ext 6 M s ___________ 1949^M 8 External s f 6s__________ ___ 1955 J J 1.406.000 External s f 7«______________ 1955 J D 1.234.000 Stabilization loan 7s_______ 1950 M N 1.057.000 54.000 Bergen (Norway) s f 8s_______ 1946 M N 25-year s f 6s_______________ 1949 A O 8,000 Berlin (Germany) s f 6 Ms_____ 1950 A O 1.058.000 95.000 Bogota (City) ext g 8s________ 1945 A O 318.000 Bolivia (Republic of) s f 8s____ 1947 M N 368.000 Bordeaux (City,of) 15-year 6 s ..1934 M N 466.000 Brazil (U 8 of) external 8s_____1941 3 D Ext s f g 6 Ms_______________ 1957 A O 2.346.000 877.000 Cent Ry 30-year g 7s_____— 1952 J D 11.000 Sink fd 7Ms (coffee sec).1952 flat A O 255.000 Bremen ext g 7s trust rects____1935 M S 142.000 Buenos Aires extl 6 Ms____ „ 1955|J J 349.000 Bulgaria (Kingdom of) s f g 7s. . 1967 J J 80,000 Canada, Dominion of, 5s 1931 A O 181.000 10-year gold 5Ms___________1929 F A 80-year gold 5s_____________ 1952 M N 227.000 266.000 4Ms------------------------------------ 1936 F A 19.000 Carlsbad (City) 8s____________1954 3 J 93.000 Chile Republic exter s f 8s_____ 1941 F A 145.000 20-year external s f 7s______ 1942 M N 89.000 25-year extl s f 8s gold______ 1946 M N External sinking fund 6s____ 1960 A O 1.361.000 183.000 Chile Mtge Bank ofJune 30 6Msl957 J D 240.000 Sinking fund gold 654s guar.1961 J D 40.000 Chinese. Hukuang Ry 5s______ 1951 J D 10.000 Christiania (City) (Oslo) 30 yr 6s ’54 M 8 606.000 Cologne (Germany) 654s______ 1950 M S 18,000 Colombia (Rep) extl 6 Ms_____ 1927 A O 290.000 Dept of Ant'oquia 7s A _____ 1945 J 221.000 External s / 7s ser B ______ 1945. J 210,000 Copenhagen 25-year s f 5 Ms__ 19441J 93.000 Cordoba (Prov) Argen 7s_____ 1942'J 15.000 Cuba Rep of 5s of 1904......... ..1944 M 12.000 5s ext debt Ser A of 1914____1949 29.000 4Ms external loan___________1949 203.000 30-year s f 5 Ms______ _______1953 189.000 Czechoslovak (Rep of) 8s_____ 1951 128.000 Sink fd 8s ser B_____________ 1952 355.000 external s f 7 Ms Ser A ______1945 165.000 Danish Cons Munic s f 8 s A ___1946 75.000 Mries B sink fd 8s__________1946 Sales in PRICES Sr Jan. 1927. Dec. 1926. S 511 Par Value. Par Value. £a. Jan. 3. $ Ask. Bid. 6,0 00 Ask. 1 0 1 332Sale ,7 0 5 ,0 0 0 6,000 IN | Jan. 31. RANGE FOR YEAR JANUARY. Lowest. Highest. Sale Prices. Sale Prices. 1001532l001732 1 0 1 332 J an . 1 0 1 332 J an . 1 0 0 1732Jan. 3 101*«32Jan. 22 1 0 1 232 J a n . 10 10 0 2332Jan. 1 0 2 so32Salc 1 0 2 2832Sale 1 0 2 2S32Jan. 1 0 2 2632Jan. Ja n . 103*32 J an . 2,000 4 2 0 ,0 0 0 2,000 2,000 2 5 .0 0 0 2,0 00 100532l00»»32 1 0 0 3321 0 0 1232 4 .5 3 1 .0 0 0 4 1 .0 0 0 101l 32Sale 2 .9 9 2 .0 0 0 1 0 1 1732Sale 1 0 0 3132Sale 12.000 lODGiSale 3 .8 9 9 .0 0 0 3 3 .0 0 0 3 8 4 .0 0 0 21.000 3 8 1 .0 0 0 6 0 6 ,0 0 0 HOG iSale 110G Sale 10 6G ■Sale lOlGiSale 1 0 1 632Sale 1 0 3 2532Sale 1 0 3 2232Sale 1 102332Sale 10 6 2032Sale 1 0 3 632Sale 5,000 100M 10054 100 M 26,000 1 02M ------- 10254 102 M _____102 % 103 102 H ------- 102 M 103 Vs 106 M ------- 106 M — ■ 10654 106 54! 106 54 — . 1,000 106 M 10654 106 Vs — 4.000 106 106 Mi 106 M 10754 4.000 98M 9954 99 17.000 4,000 66.000 98 54 99 98 M 99 M 99 98 M 98 M 44,000 4.000 10554 106 6.000 105 54 106 89 M 90 89 M 90 1,000 1017?2 J an. 5 10 21 1031332 100*°32Jan. 1 0 0 2032Jan. 1 0 0 1732Jan. \ 28 Lowest. Sale Prices. O g^aiJan. 9 9 18sjJan . 9 9 !1siA p r. 9 9 ,03iA p r. 1 0 1 1»»jJan. lO D G jJ a n . 101 *sj J an. 1 0 0 ‘ G iM a y 9 9 313«Jan. 9 9 *33jJan. 101*32 J an . 1 0 0 sl32Jan. 100ls320ct. 100n 3iOct. 101.000 284.000 384.000 270.000 844.000 554.000 9,000 328.000 90.000 39.000 151.000 222.000 66.000 50.000 60.000 137.000 143.000 219.000 987.000 214.000 320.000 57.000 288.000 157.000 112.000 335.000 215.000 209.000 66.000 18,000 7,000 45.000 95.000 119.000 137.000 111.000 91.000 72.000 11 1 0 0*7aiJuly 0 20 100*8i June 28 IO IG j D e c . 2 9 101 D e c . 31 1 0 0 2S32Jan. 4 1 0 1 1*j>June 28 10 0 22s»A u g. 26 102*31 M a r . 6 1 0 3 13,"2J an . 1 0 3 1022Jan. 1 1 0 632 J an. 1 1 0 3s2 J an. 106*32 J an . 1 0 3 2732Jan. 1 0 3 2332Jan. 1 1 0 2S32Jan. 1 1 0 s32 J a n . J an . 1 0 1 2*siJan. lO D G iJ a n . 106*32 J a n . 10 7 Jan. 1 0 2 28»iJ an . 1 0 4 2ai Jun e 1 0 0 12s iM a r . 1062732 103G ?Jan . 31 1 0 3 2732Jan. 10054 Jan. 100 Jan. 10254 Jan. 100 Jan. 100 Mar. 100M Jan. 100M Jan. A Jan. 21 10054 Jan. 21 102 7 105M Jan. 104% Mar. 11 10654 Jan. 104% Jan. 27 10654 Jan. 104M Jan. 6 106M Jan. 99 Jan. i 97H Feb. 99 Jan. 9754 Mar. 99 Jan. ; 97M Apr. | 9 1 % Mar. 100 Jan. 97M Mar. Jan. 12 ! 97M July 12 97 M Apr. 97M Jan. 98 Mar. 106 Vs Jan. 104M Mar. 10 107 Jan. 104M Mar. 4|l06 Jan. H I h Jan. 19 89% Jan. 8854 Mar. 19 8954 Jan. 8854 Jan. 10154 Jan. 102 34 Aug. 10154 Apr. 102 Apr. I ll Dec. 102 Vs Jan. 10654 Jan. 106% Jan. 10654 Jan. 99 Jan. 99 Jan. 99 Jan. 98Vs Jan. Jan. 1 0 6 M .........10554 Jan. 1 0 6 M ------- 105M Jan. ___________ 106 Jan. 90 _____ 8954 Jan. ------- 8954 Jan. 90 28 4 25 2 25 2 29 26 91%. Jan. 98 M Sale 9854 Jan. 99 % Jan. 99 % 100 101M Jan. 97% Jan. 98 M Sale 98 54 Jan. 9754 Jan. 98 M Sale 9854 Jan. 97% Jan. 99 Sale 9854 Jan. 98 Sale 91% Jan. 9854 Jan. 98 Sale 97M Jan. 98M Jan. 98 Jan. 29 9854 Jan. 98 Vs Sale 90% Jan. 4 9154 Jan. 89 M 90 M 91M Sale 97 M Sale 97M Jan. 97 M Sale 98M Jan. 101M Sale 105 Sale 101M Jan. 105 Jan. 9854 Jan. 10014 Jan. 98 M Sale 10054 Sale Jan. 114 Jan. 111M Sale 113M Sale I l l 108 M Sale 108 54 Sale 108 Jan. 109 Jan. 97 Sale 101 54 Sale 96M Jan. 102M Jan. 92% Jan. 98 Jan. 92 54 Sale I 97 M Sale 102 M Sale 105 % Sale 102M Jan. 105M Jan. 101 % Sale 1103 54 Sale 101 % Jan. 103 54 Jan. 112 M Sale 113 Sale 112M Jan. 113 54 Jan. 99M Jan. 99 M 100 M 99 M Sale 10014 Jan. 98 M Sale 100 M Sale 98 % Jan. 10054 Jan. 104 Ja». 103 M Sale 104 Sale 10254 Jan. 105 Jan. 104 M Sale 104 M Sale 104 Jan. 93 Vs Sale 93% Jan. 97 54 Sale 9754 Jan. 104 M Sale 107 M Sale 104 Jan. 107% Jan. 89 % Sale 96 Sale 89 Jan. 96 Jan. 94M Jan. 99 M Sale 95 M Sale 9914 Jan. 106 Jan. 104 M 106 104*4 105 103% Jan. 10434 Jan. 102 M Sale 104 Sale 102M Jan. Sale 100 Jan. 99 M Sale 100 9954 Jan. 92 Sale 92 Jan. 93 % Sale 9434 Jan. Sale 10054 Jan. 101M Sale 101 101M Jan. 102 34 Jan. 101M Sale 101 54 Sale 101M Jan. 10534 Jan. 104 M Sale 104 % Sale 104 Jan. 98 M Sale 98M Jan. 9854 98 M 98 % Jan. 105 Jan. 103 M 104 104M 105 103M Jan. 108 M Sale 108*4 Sale 108 Jan. 10854 Jan. 101 Jan. 100M Sale 100 M Sale 100 Jan. 108 Sale 108 Sale 107M Jan. 109 Jan. 92 M Sale 93 Vs Sale 92M Jan. 93 M Jan. 96 Sale 95% Jan. 96 M Sale 9634 Jan. 97 M Sale 97 M Sale 97 M Jan. 9834 Jan. 24% Jan. 25 M Sale 27 54 Sale 2754 Jan. 10134 Jan. 100 M 10154 100 M 101 M 100 Jan. 01% Sale 100 Sale 91% Jan. 100 Jan. 100 100M 99% Sale 99% Jan. 10014 Jan. 94 Jan. 94 M Sale 96 % Sale 9654 Jan. 94 Jan. 94 M Sale 95 M Sale 9654 Jan. 100 Jan. 9954 Jan. 99 M Sale 100 M Sale 98 Sale 97M Jan. 9934 Jan. 97 M Sale 101 101M 10054 Sale 10054 Jan. 100 54 Jan. 10154 Jan. 101M Jan. 101M 101M 101M 93 Vs 94 94M 9 5 9 4 Jan. 9454 Jan. 103 Jan. 101M Sale 102 M Sale 101 % Jan. 105 M Sale 108 M Sale 105 Jan. 10!110 Jan. Sale 10454 Jan. 5! 10834 Jan. 105 M Sale 108 Jan. 104 M Sale 106 Sale 10454 Jan. 3106 109M 110 110M Sale 10954 Jan. 411054 Jan. Sale 109M Jan. 7 11034 Jan. 109M Sale 110 Dec. Dec. Jan. Jan. Jar Jan Oct. 1 0 3 183»D ec. 1 0 3 1!3 iD e c . 110«3j D e c . 109* *3iD ec . 1 0 6 u sjD eC . 104*33 Jun e 103*31 D e c . 31 31 31 10 21 29 31 Jan. 23 101 10054 Mar. 13 102 54 June 24 10254 July 8 Sept. 17 102 10654 Oct. 5 10654 June 22 10654 July 15 10654 June 26 July 13 99 9854 Oct. 4 Aug. 28 99 June 25 99 9854 Oct. 4 9834 Dec. 16 97 54 Oct. 13 9834 Dec. 16 Apr. 1 99 May 3 106 Dec. 13 106 10054 Jan. 100 Jan. 10254 Jan. 85 96M 100 9454 105 10554 1.011.000 111,000 21 18 15 25 31 7 1 14 1 0 1 2132Jan. 48.000 449.000 182.000 335.000 1 9 5 .0 0 0 1 0 1 2t3«June 1 0 1 103iJune 1 0 1 153iM a r . 1 0 0 12»>June 1 0 3 23i D e c . 1 0 2 233iD e c . 102*«3iJune 1 0 0 16a iM a y lODGiJan. 97M 100 96 9554 9654 9554 9754 647.000 1.389.000 1.425.000 1.874.000 16.000 Sale Priest 4 2 12 12 15 2 20 14 1 0 1 632 J an. Sale 497.000 98 196.000 100 100 54 Sale 278.000 98 327.000 98 M Sale 205.000 98 54 Sale Sale 233.000 98 189.000 98 Sale 200.000 1926. Highest. 89 M 89 M 89 10254 10254 102 July Oct. Apr. Oct. Aug. May 21 13 2 30 28 111 Dec. 6 6 110 54 J a n 1* 23 20 2 4 11 5 19 Mar. Jan. Mar. Sept. Mar. Mar. 88 Mar. 81M Mar. 9154 July 9454 Oct. 111M Nov. 98 Feb. 85M Mar. 9654 Jan. 9634 Jan. 8154 Mar. 100M Mar. 88 Nov. 8954 Jan. 10354 Apr. 92M Mar. 97 54 Jan. 92 Dec. 10054 Oct. 10154 Sept. 102 Sept. 97M Nov. 10154 Apr. 10754 June 100 Mar. 107 Apr. 9254 Dec. 9454 Jan. 9654 Nov. 2334 Dec. 99 Mar. 91 Aug. 9954 Mar. 93 Nov. 9254 Nov. 9854 Mar 9554 Jan. 98 May 98 Apr. 8854 Jan. 10054 Sept. 9954 Mar. 9954 Mar 9554 Jan. 10854 June 108 M June 9854 Oct. 22 10254 Jan. 4 99 54 July 9 100 July 15 101 July 7 9954 July 9 9954 July 20 9354 Aug. 30 99 M July 30 103 July 12 Dec. 9 99 11154 Dec. 13 10854 Feb. 10 9754 Dec. 31 9254 Dec. 31 10254 Dec. 31 102 Dec. 31 Jan. 22 115 102 M Nov. 18 9854 Dec. 10 July 28 104 10554 Dec. 20 9354 Dec. 17 June 7 105 90 Aug. 26 96 M June 22 Sept. 23 108 10254 Nov. 5 10154 May 18 92 M Dec. 23 103 M June 8 10354 Jan. 25 10554 June 9 June 22 99 Nov. 9 105 10954 Feb. 6 9 102 54 Feb 10954 Aug. 5 9354 Nov. 5 98 M Apr. 30 99 M Aug. 28 48 54 Feb. 20 102 M May 7 9854 Dec. 10 101 Oct. 2 Dec. 14 95 9554 Dec. 15 Jan. 16 101 9954 July 24 June 24 102 10254 Aug. 30 10154 Aug. 17 103 Feb. 15 10554 Feb. 4 10554 Dec. 9 Dec. 11 105 11254 July 13 Jan k 112 F e b ., 1 92 7.} BONDS N. 7 . STOCK EXCHANGE. £ o Sales in 1 t Jan. 1927. Cft, Par Value. Foreign Government (C o n c l u d e d ) ) Denmark 20-yr extl gold 6s___ 19421J J Dept of Caldas (Colombia) 7)4sl946 J J Dominican Republic sink rd 6s.l958 F A Custom admlnistr 534s_____1942 H 8 Dresden (City) ext 7s_________ 1945 M N Dutch East Ind 25-year ext 6s. 1947 J J 40-year extl sink fd gold 6s__ 1962 M 8 30-year extl g 534s____Mar 1953 M 8 30-year extl gold 534s--Nov 1953 M N El Salvador (Rep) 8s_________ 1948 J J Finland (Rep of) exter 6s_____-1945 M S External sinking fund 7s------1950 M 8 External sinking fund 6 3^3--1956 M S Finnish mun loan 634 s A_____1954 A 0 Extl 834s Ser B ______ _____ 1954 A O French Repub 25-year ext 8 s..1945 M 8 20-year external loan 734s__ 1941 J D External 7s of 1924 _________1949 J D German Republic 7s------------ 1949 A O German Cent Agrlc Bank 7s__ 1950 M S Graz (Municipality) 8s_______ 1954 M N Grt Brit & Ire., 20-year 5>4s. 1937 F A Registered___________________ F A 10-year conv 5Hs___________ 1929 F A Greater Prague (City) 734s-------1952 M N Greek Govt s f sec 7s__________1964 M N Haiti (Rep of) Oust s f 6 s _____1952 A O Heidelberg (City) extl s f 734S--195Q J Hungarian Mun Loan 734s---------1945J External s f 7s_______ Sept 1 1941 J Hungary (King of) s f 7H s---- 1944 F Indus Bk of Japan 6% notes__1927|F Italy (Kingdom) external 7s__ 1951 J Japanese Govt sterling In 4S..1931U Ext s f 634s.........................--1954IF Oriental Development 6s____ 1953 M Leipzig (City) extO s f g 7s____ 1947 F i,yons (City of) 15-year 6s____1934 M N Marseilles (City) 15-yr 6s.........1934 M N Mexican Irrig 4 34s____________ 1943 ____ Assenting s f 434s___________ 1943 Mexico (U 8) extl 5s of 1899£-.1945 Q J Assenting 5s of 1899_________1945 Assenting 5s large_______________ Q J Gold debt 4s of 1904_________1954 J D Assenting 4s of 1904------------------Assent 4s of 1910 July ’24 coup.. J J Assenting 4s of 1910 large----------Assenting 4s of 1910 small______ Treas 6s of 1913 assent (large) '33 J J Small_________________________ Montevideo s f g 7s____________ 1952J D Netherlands s f 6s F l a t __________1972M 8 30-yr ext s f 6s______________ 1954A O Norway 20 yr extl s f 6s______ 1943 F A 20-yr extl s f 6 s _____________ 1944F A 30-yr extl s f 6s______________ 1952A O 40-year extl s f 534s________ 1965 J D Oslo (City) 30-yr s f 6 s............1955 M N Sinking fund gold 534 s______1946 F A Panama (Rep) extl 5 54s______ 1953!J D Peru (Rep) extl 8s___________ 1944 A O External 734s_____________ 1940 M N Poland (Rep of) g 6s__________ 1940 A O External s f 8s--------------------1950 Porto Alegre (City of) 8s______ 1961 Queensland State ext s f 7s____1941 25-year extl 6s--------------------- 1947 Rio Grande Do Sul extl 8s____1946 Rio de Janeiro 25-yr s f 8s_____1946 25-year extl s f 8s___________1947 Rotterdam (City) ext 6s______ 1964 M N San Paulo (City) s f 8s_______ 1952 M N 9an Paulo (State) ext s f 8s__ 1936 J J External s f 8s______________ 1950 J J Ext 7s water loan w 1______ 1956 M S Santa Fe Prov (Arg Rep) 7s__ 1942 M S Seine Dept (France) 20-yr 7s— 1942 J J Serbs. Croats & Slovenes 8s__ 1962 M N Solssons (City) extl 15-yr g6s..l936 M N Sweden (Kingd) 20-yr 6s_____ 1939 J D Extl g 634s__________ _____ 1954 M N Swiss Confederation s f 8s____ 1940 J J Switzerland (Govt) ext 5 34s__1946 A O Tokyo City loan of 1912 5s___ 1952 M S Trondhjem (City) ext 634s-----1944 J J Upper Austria (Prov) extl 7s__1945 J D Uruguay (Rep) external 8s___ 1946 F A Exts f 6s w i_________ _____ 1960 M N Yokohama (City) ext 6s_____ 1961 J D Railroad Ala Gt Sou 1st cons 5s A _____ 1943 J D Ala Midland 1st gu g 5s______ 1928 M N Alb & Susq conv 334s________1946 A O Allegh & West 1st g gu 4s____ 1998 A O Alleg Valley gen gu g 4s______ 1942 M 8 Ann Arbor 1st g 4s_______ July 1995 Q J Itch Top & S F gen g 4s_____ 1995 A O Registered_________________ 1995 A O Adjustment g 4s______ July 1995 Nov Registered_________________ Nov Stamped____________July 1995 M N Registered_________________M N Conv g 48 of 1909___________ 1955 J D Conv g 4s of 1905___________ 1955 J D Conv g 4s of 1910___________ i960 a D East Okla div 1st g 4s______ 1928 M 8 Rocky Mt div 1st 4sA ..........1965 J J TransCont Short Line lst4s gl958! J J Cal-Ariz 1st & ref 4 34s........ 1962 M 8 Atl Knox & No 1st g 5s_____ 1946JJ D Atl & Char A L 1st 434s A___ 1944'J J 1st 30-year 5s ser B ------------1944 J J Atlantic City 1st con guar g 4s. 1951 J J Atl Coast L 1st cons 4s____July 1952 M S 10-year secured 7s_________ 1930 M N General unified 4 34s-------------1964 J D L & N collat gold 4s.........Oct 1952 M N Atl& Danville 1st g 4s________ 1948 J J Second 4s__________________ 1948 J J Atl & Yadkin 1st gu g 4s--------- 1949 A O Austin & N W 1st g 5s________ 1941 J J Balt & Ohio 1st g 4s......... July 1948 A Registered___________________ Convert 434 s_______________ 1933 Refund & gen 5s ser A ______ 1995 1st gold 5s_________________ 1948 10-year 6s__________________ 1929 Rer and gen 6s, series O------1995 P L E & W Va Sys ref g 4 s ..1941 M N Southw Div 1st 5s__________ 1950 J J Tol OIn Div 1st & ref 4s____1959 J J Refunding 5s series D ______ 2000 M S Battle Creek & Sturgis gu 3 s..l98 9 J D Beech Creek 1st gu 4s________ 1936 J J Registered_____________________ J J Beech Creek ext 1st g 334s____ 1951 A O Big Sandy Ry 1st 4s---------------- 1944 J D Boston & N Y Air Line 1st 4 s ..1955 F A Brunsw & Western 1st gu g 4 s .. ’38 J J 13 BONDS-STOCK EX CHANGE RECORD $ 142.000 130.000 2,000 416.000 138.000 90.000 113.000 39.000 27.000 25.000 217.000 238.000 534.000 100.000 48.000 761.000 1.049.000 3.810.000 1.228.000 227.000 40.000 286.000 58.000 199.000 136.000 108.000 57.000 385.000 357.000 195.0001 364.000 6,450,000! 305,000! 958.0001 445,000 128,000' 421,000; 592,000' 16,000 ______! 120,000 10,000i 551.000 2,000 429.000 425.000 31.000 158.000 133.000 24.000 195.000 225.000 140.000 42.000 352.000 151.000 122.000 6,000 79.000 219.000 403.000 2.489.000 44.000 63.000 43.000 83.000 110.000 266,000 23.000 21.000 93.000 123.000 195.000 353.000 1.017.000 707.000 .214,000 35.000 145.000 45.000 178.000 250.000 31.000 145.000 18.000 392.000 2.218.000 Sales in Dec. 1926. Par Value. $ PRICES I N Jan. 3. B id . 34.000 72.000 419,000 4,000 33.000 90,000 6,000 72.000 7.000 60.000 9.000 26,000 15,000 5,000 24,000 103.000 23.000 2 1.000 80,000 120.000 45.000 14.000 10.000 198,000 783.000 532.000 457.000 263.000 376.000 138.000 210.000 201,000 535,000 2,000 9.000 3.000 16,000 A s k . B id . A sk. Sale Sale JANUARY. 10334 98 100)4 Sale 99)4 Sale 10034 Sale 10234 Sale 10234 102 10134 10134 100 34 10634 qc Sale 10634 93 10034 Sale 300 96 9834 Sale 96 9834 Sale 99 Sale 9534 10934 Sale 10834 11234 Sale 105 99 10334 Sale Sale 10634 109 10234 Sale 101 102 10234 10134 10534 Sale 10434 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 47.000 11834 11834 125.000 104 Sale 169.000 9334 9434 Sale 106.000 99 34.000 10334 Sale 237,000 9734 Sale 11634 10534 95 9934 10434 10134 9834 10434 10034 97 92 101 34 9734 10434 9734 9734 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 106,000 10034 Sale 303.000 10134 Sale 9.307.000 93 Sale Sale 189.000 90 1.003.000 100 Sale 400.000 9434 Sale 216.000 10034 Sale 370.000 9334 Sale 351.000 9334 Sale 11,000 32 112,000 2,000 58,000 57.000 293.000 25.000 86.000 210.000 37.000 146.000 113.000 230.000 77.000 318.000 46.000 15.000 17.000 25.000 147.000 375.000 1,702,000 38.000 79.000 75.000 49.000 38.000 140.000 25.000 23.000 96.000 122.000 122.000 225.000 4034 42 10134 107 34 10334 10134 10134 10134 9834 10134 9734 1023a 10334 10034 7634 9334 10334 11134 10434 10334 10234 10234 104 10734 10534 10534 993a 9334 9734 9734 9134 10234 10234 11334 10234 7534 10034 8734 8434 5.000 9534 15.000 7934 101,000 93 15.000 9.000 8734 8434 54,000 8734 8434 1,000 8734 39.000 87 34 8,000 20.000 4.000 33,000 6.000 40.000 8,000 3.000 83.000 32.000 45.000 54.000 33.000 58.000 8.000 193.000 2,000 528.000 445.000 251.000 160.000 231.000 123.000 235.000 111.000 707,000 9,000 6,000 25,000 2,000 Sale Sale Sale 10134 Sale Sale Sale Sale Sale 10234 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10834 Sale Sale Sale Sale Sale Sale Sale 103 Sale Sale Sale Sale 10034 9434 109 Sale Sale 34 3434 31 3134 26)4 4634 47 10134 10734 10334 102 102 102 10034 10134 9834 10234 105 10134 8334 96)4 10434 11234 10534 10434 10434 10434 10434 10834 10434 106 100 9634 10234 10234 9634 104 104 11334 10334 7934 10034 9634 108 34 95 34 9734 ’ 0334 10034 8734 8534 85 Sale 9534 81 7934 Sale 9334 102 Sale 8834 8834 86 8734 9934 9934 8934 9034 9134 98 10434 9834 10334 104)4 8534 90 9434 Sale 10434 10534 9734 9834 9134 92 80 Sale 7234 7434 8334 82)4 107 93J4 Sale 8934 9734 Sale 10034 Sale 10434 Sale 10234 Sale 10734 Sale 9234 Sale 10134 Sale 82)4 Sale 10034 Sale 6334 65 9534 Sale 9434 9534 82 9134 92 Sale 81 9534 11634 10334 93)4 99 10334 97 34 9534 10034 100 9234 90 9934 94 10034 93)4 9334 3 3 8 5 4 31 31 22 28 24 3 L o w e st. S a le P r i c e s . 10434 9834 10034 10034 10434 10334 10334 102 10134 10734 9534 102 9934 9834 99 110 11234 10434 10934 10334 21 10234 5 10534 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1 22 8 7 31 3 3 3 3 5 28! 17 14 20; 17 24 31 31 29 17| 10 31 11734 10534 9534 10034 10534 10134 9834 104 34 10034 97 9234 10134 9734 10234 97 34 97J4 S a le P r i c e s . 102 9534 10134 93 34 9234 102 103 10134 10134 103 8434 9434 94 8934 8934 9834 9234 8634 10134 94 9634 10334 10434 11734 9234 84 9534 9634 8434 91 8434 9034 8434 8834 8834 87 9934 89 34 9034 9834 10434 9934 10434 8534 9434 10434 9834 9234 8 1 )' 7534 8334 Sale 3154 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 10234 Sale Sale Sale Sale 10434 11234 Sale Sale Sale Sale 10454 Sale Sale Sale Sale Sale Sale Sale Sale 10454 Sale Sale Sale Sale 10054 Sale 109 Sale Sale \ S a le P r i c e s . Mar. 3010434 Sept. 13 99 Jan. 2j 10534 Jan. 4 100 May 17 10134 Nov. 30 10634 Nov. 27 10634 Mar. 4 10434 Nov. 26 105 34 Mar. 3 10934 Apr. 1' 93 Mar. 31 101 Nov. 11 97 May 24 9634 Mar. 30 9634 Mar. 31 10834 Mar. 30 10534 Mar. 31 100 Jan. 9 10734 Jan. 5 10134 June 2 10234 May 4 10634 Nov. 13 10534 May 3 119 Mar. 30 10434 Mar. 311 95 Jan. 2 9934 May 21 10434 Mar. 31.100 June 25 Nov. 10 Aug. 28 Dec. 21 Dec. 17 June 22 June 22 June 24 Sept. 27 Sept. 13 Dec. 10 Dec. 17 Dec. 9 Dec. 15 Dec. 11 Dec. 30 Dec. 30 Dec. 31 Dec. 9 Dec. 16 Dec. 21 Jan. 29 Feb. 10 Feb. 18 Dec. 4 Dec. 24 Sept. 25 Nov. 22 Aug. 10 10334 102 4054 Jan. 5 50 Jan. 21 3954 Jan. 11 4034 Jan. 11 2454 Jan. 2754 Jan. 2634 Jan. 2334 Jan. 42 Jan. 4134 Jan. 101 Jan. 10734 Jan. 10334 Jan. 10134 Jan. 10134 Jan. 10134 Jan. 9854 Jan. 10054 Jan. 97 Jan. 10234 Jan. 10334 Jan. 10054 Jan. 7634 Jan. 93 34 Jan. 103 34 Jan. Ill Jan. 104 Jan. 10354 Jan. 10234 Jan. 102)4 Jan. 10354 Jan. 10734 Jan. 10434 Jan. 105 Jan. 9854 Jan. 9354 Jan. 9754 Jan. 9734 Jan. 91)4 Jan. 10354 Jan. 10254 Jan. 11334 Jan. 10254 Jan. 7554 Jan. 9934 Jan. 94 Jan. 10854 Jan. 95 Jan. 9334 Jan. 3 3354 Jan. 8 2754 Jan. 5 31)4 Jan 5 2654 Jan. 1 1 46 Jan. 6 47 Jan. 19 102 Jan. 1(1 10754 Jan. 20 103)4 Jan. 4 10234 Jan. 6 102 Jan. 5 10234 Jan. 4 10034 Jan. 5 101)4 Jan. 8 9954 Jan. 29 10234 Jan. 3 105)4 Jan. 7 101 54 Jan. 3 85 Jan. 3 9654 Jan. 3 105 Jan. 3 11254 Jan. 18 10534 Jan. 4 105 Jan. 3 106 Jan. 3 10454 Jan. 21 10454 Jan. 18 10854 Jan. 12 10534 Jan. 4 10634 Jan. 13 10052 Jan. 3 96 34 Jan. 3 10254 Jan. 3 102 Jan. 3 '97 Jan. o 10434 Jan. 3 104 Jan. 5 11334 Jan. 5 104 Jan. 3 7934 Jan. Jan. 15 101 4 97 Jan. 29 10934 Jan. 4 9634 Jan. 3 9734 Jan. 5 5 6 26 8734 Jan. 15 9554 9534 Jan. 8034 7934 Jan. Sale 92% Jan. 9234 86 Sale Sale 8734 100 Sale 9234 Sale 10554 90 Sale 105 99 Sale Sale Sale Sale 103 9434 9454 9134 9834 Sale 10134 Sale 10534 Sale 10234 Sale 10834 Sale 9434 Sale 10234 Sale 83)4 Sale 101)4 Sale 64 68 9534 9634 95 82 913. 92 8034 Sale 9534 97 31 8 3 L| 31 31 31 7 3 3 6 21 25 27 5 22 5 24 14 13 11 14 27 311 14 22 29 7 25 3 29 31 24 31 31 27 18 27 11 21 31 24 15 4 13 31 Feb. May Jan. 8734 Apr. 6 Jan. 96 13 Jan. 8234 19 Jan. 94 26 Mar. 9134 27 Mar. 8854 Sept. 84)4 21 Mar. 89 Jan. 85 Jan. 89 34 8 Jan. 8934 19 Jan. 8754 13 Jan. 100 14 Jan. 9034 18 88 Jan. 92 26 9434 Jan. ~ 9934 10334 Apr. 5 10334 5 9654 Jan. 23 9834 18 102 34 Aug. 4,10454 Dec. 4 8654 15 i i * July 27 9434 ! 7 104 Dec. 7 107 20 93)4 July 6 9834 4 90 Oct. 7 9454 , 26 76 Apr. 10 8234 : 17 65 Mar. 31 7634 . 18 7634 Apr. II 83 : 61 10034 Mar. 2 10334 1 11 8934 Mar. 4 9454 : 8854 Jan. 111 9234 : 24 94 Jan. 2| 9854 . 20 93 34 Jan. 2 10034 : 13 10234 Sept. 29 10534 ! 26 10234 Dec. 28104 . 18 104 Mar. 3 109 . 18 8954 Jan. 7| 9334 : 14 98 Jan. 2,10254 1 18 7454 Jan. 2 8234 ] 18 9734 Sept. 23,10034 : 17 61 Feb. 65) . 3 93 Jan. 95 J? 18 94 Aug. 94 80 July 89 34 Jan. 30| 9154 3 7234 Apr. 9 83 93 34 Jan. 271 9554 8754 Jan. 17 8754 Jan. 27 8754 Jan. 8834 8754 86 9934 8934 9034 9834 96 Jan. 81 Jan. 94% Jan. 91 3 91 Jan. 15 8834 Jan. 5 89 Jan. 19 8734 Jan. 7 9954 Jan. 6 90 Jan. 7 9154 Jan. 17 9934 9954 Jan. 31 100 10434 Jan. 5 105 3 4 7 4 3 4 8 6 3 96 10534 98)4 9234 8134 7554 84 103 9534 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 9434 10454 9754 91 34 80 7334 8234 103 9334 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 97 10054 10454 102)4 107 54 9254 10154 82 10054 64 9534 9534 Jan. 3 9834 Jan. Jan. 3 10234 Jan. Jan. 3 10634 Jan. Jan. 3 10254 Jan. Jan. 3 10854 Jan. Jan. 3 95 34 Jan. Jan. 3 10254 Jan. Jan. 3 84 Jan. Jan. 3 10254 Jan. Jan. 12 65 Jan. Jan. 3 9534 Jan. Jan. 18 9534 Jan. 7854 Jan. 12 81 Jan. 101 34 10054 8434 8254 92 54 7534 8934 8834 8454 8434 8434 83 34 8454 8434 8334 9854 8634 1926. Highest. 3554 3134 Jan. 14 35)4 Jan. 31 4534 Sale 2434 26 2434 Sale 618,000 530.000 184.000 84.000 95,009 92.000 155.000 98.000 24.000 100 110.000 94 50.000 10834 236.000 9534 777.000 9334 7,000 33 48 H ig h e st. S a le P r i c e s . 10434 9834 10134 9934 10334 10234 10234 103 34 10034 106 Sale Sale Sale Sale 105 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale RANGE FOR YEAR L o w e st. 138.000 10354 10434 Sale 133.000 98 101 34 344.000 9934 9934 219.000 10034 101 99.000 103)4 Sale 141.000 10334 Sale 60.000 102 Sale 27.000 101 Vs Sale 16.000, 10734 Sale Sale 115,000; 93 166.000 10034 Sale 620,000; 9634 Sale Sale 46,000- 96 27,000; 9534 Sale 773.000 10834 Sale 1,277.000- 10534 Sale 3,236,000! 9934 Sale 907,000, 10634 Sale 228.0001 10134 Sale 39.000 101 34 Sale 215,000 10434 10434 1,000 103 5,000 Jan. 31. BONDS-STOCK EXCHANGE RECOKD BONDS N. 7 . STOCK EXCHANGE. Baft Roch & Pitts gen 5s______ 1937 M S Consol 4 % s________________ 1957 M N Registered___________________ M N Bari Ced Rap & Nor 1st 5s____1934 A O Canada Sou con gu 5s________ 1962 A O Canadian Nat 4 % s__ Sept. 15 1954 M S 5-year gold 4 % s___ Peb. 15 1930 F A Canadian No deb s f 7s_______ 1940 J D 25-year deb s f 6% s g --------- 1946 J J 10-year gold 443s__ Feb. 15 1935 F A Canadian Pac 4% deb stock_______ J J Oarb & Shaw 1st g 4s__________ 1932 M S Caro Cent 1st cons g 4s________1949 J J Oaro Clinch & Ohio 1st 5s_____ 1938 J D 1st & con g 5s series A ______ 1952 J D Cart & Ad 1st gu g 4s--------------1981 J D Cent Br Un Pac 1st g 4s______ 1948 J D Cent of Ga Ry 1st g 5s____N ov 1945 F A Consol gold 5s--------------------- 1945 M N Registered |1,000&$5,00Q-1945 M N 10-yr 6% secured bonds------1929 J D Ref & gen 5% s series B _____ 1959 A O Chat Div pur money g 4s__ 1951 J D Mac & Nor Div 1st g 5e____1946 J J Mobile Div 6s_______ -1946 J J Cent N E 1st guar 4s__________1961 3 J O O Reorg 1st con g 4 % s_____ 1930 M S £)en RR & Bkg of Ga col g 5s-.1937 M N Central o f N J gen g 5s_______ 1987 J J Registered______________________ Q Cent Pac 1st ref gu g 4s-----------1949 F Registered____________________ F M tg gu g 3 % s_________ Aug 1929 J Through St L, 1st gu g 4s------1954 J Guar 5 s ____________________ 1960 F Charles & Sav 1st g 7s_________1936 A Ofces & O gen fnd & imp 5s____ 1929 J 1st cons gold 5s____________ 1939 M N Registered_______________ 1939 M N General gold 4 % s_________--1992 M 8 ______ F A Registered____________________F -.1930 1930 F A Convertible 444s____________ --194U J J Craig Valley 1st g os________194U Potts Creek Br 1st 4s________1946 --1946 J J B & A Div 1st con g 4s_______1989 -.1989 J ,1 R & A Div 2d con gold 4s____ -.1989 1989 3 J J --1941IM Warm Spring Val Is ' "" 8 . .1949 A O C dc & Alt RR ref g 3e 6 int-_l_ ' ertlf deposit stpd J _ _-1950;.T 1950] J J Chic & Alt Ry 1st lien g 3% s__ Otfs dep coup Jan 1923 on C alc B ;rJ & 0 111 Div 3 % s .-- ..1949 J 3 Rcgistercd_____________ ______ |J J Illinois Division 4s_______ -.1949 J J Nebraska Extension 4s____ --1927 M N Registered_____________ ______ M N General 4s________________ ,_1958 SI S Registered___________________ M 8 1st & ref 5s Ser A ____________ 1971 F A Chic & E III 1st cons g 6s______ 1934 A O Chic & E 111 (new co) gen 5s___1951 M N Ohio St Erie 1st gold 5s_________1982 M N OMe Gt West 1st 50-yr 4s_____ 1959 M S Okie Ind & Lou ref g 6s----------- 1947! J J Refunding gold 5s-----------------1947 J J Refunding 4s Series C ______ 1947 J J 1st & general 5s Ser A ________1966 M N 1st & gen 6s Ser B _____M ay 1966 J J Ohio Ind & Sou 50-yr 4s— — 1956;J J Chic L, S & East 1st 4 % s--------- 1969, J D O M & Puget Sd 1st gen 4s-------1949 J J Certificates of deposit---------------Chic M il & St P gen g 4s.M ay 1989 1 J Registered____________________ Q-J Gen g 3 Mi s Ser B --------- May 1989 1 J Oen 414 s Ser C _______ M ay 1989 Registered---------------------Gao & ref Ser A 444s___Jan 2014 Certificates of deposit--------Gen ref conv Ser B 5s__Jan 2014 Certificates o f deposit________ 1st sec gold 6s--------------------- 1984 Convertible 4 % s------------ — 1932 Certificates of deposit----------4 s ________ 1926 Certificates o f deposit-----------4s _____________ 1934 Certificates of deposit.............. Oh & Mo RIv Div 5s________ 1926 C & N W exteas 4s_____1886-1926 R egistered_________ 1886-1926 General gold 344s---------------- 1987 M N Registered__________________ - M N 3eneral 4s_________________ 198/ M N Registered----------------------------- Q F Stamped non-payt inc tax. 1987 M N Stamped general 4 % s----------- 1987 M N General 5t stamped________ 1987 M N Sinking fund 6s_______ 1879-1929 A O R egistered-------------- 1879-1929 A O Sinking fund 5s----------- 1879-1929 A O Registered_________ 1879-1929 A O Sinking fund deb 5s-------------1933 M N Registered----------------------- - - - - M N 10-year secured 7s---------------- 1930 3 D 15-year secured 644s--------1 9 3 6 ]M 8 1st & ref g 5s_________ May 2037 J D C lie R I & Pacific gen g 4s----- 1988; J J Registered---------------------- 1988 ;J A. Refunding gold 4s--------------- 1934 A O Registered---------------------- - - - - f G Chic 8 L & N O Mem Div 4s__ 19511J D Oh St L & P cons g 5s--------------1932, A. O Registered------------------------- - - - - l £ H Chic St P M & Ora cons 0s___ 1930 J D Cons 6s reduced to 344s------- 1930 J D Debenture 5s______________ 1930.M 8 Stamped--------------------------Ohio T H & S’ east 1st 5s--------I960 J D Income guar 5s--------- Dec 1 I960 M S Okie Un Sta 1st gu 454 s A ----- 1963 J J 1st 5s Series B -------------------- 1963 J J Guaranteed gold 5s------------- 1944 J D 1st 654s Series O ..........— 1963 J J Calc & W I gen g 6s--------- Dec 1932 Q M Consol 50-year 4s--------------- 1952 J J 1st & ref 554s series A -------- 1962 M S Choc Okl & G consol 5s---------- 1952 U N Q!n Ham & Day 2d g 444s--------1937 J 3 OIn I St L & C 1st 4s------- Aug 1936 Q F Registered ----------------- Aug 1936 Q F OIn L & N 1st con gu g 4s------- 1942 M N OIn S & Cl cons 1st g 5s----------- 1928 J J o O O & 8t L gen g 4s-------------1993 20-year debenture 4J4s-------1931 Gen 5s Series B -------------------1993 Ref & imp 6s Series A ...........-1929 J Ref & Imp 6s Series C ----------- 1941 |J Ref & imp 5s Ser D ------------ 1963J Cairo Div 1st gold 4s---------- 1939 J Din « ’ & M Div 1st g Is------1991J Sales in Jan. 1927. Par Value $ 4,000 151,000 3.000 61,000 126,000 62,000 58.000 67.000 68.000 539.000 1.000 2,000 108.000 84,000 2,000 3,000 16,000 34.000 45.000 2,000 5,000 12,000 57.000 3,000 60,000: 17",066' 18.000 180,000 ______I 12.000 1,000' 21,000! 165.000 2 ,4 .0 0 0 j a.oooj ■ ~V.ooojj 11 ,o o o ! 2.000'! 8 7.0 00 'i 5 000,; 29.1.000 ! i 5? ,000 I 69,000;; 94,000,! 38,000:1 89,000| j 89",666 ! 3,oooh 2,878,000:! 23,000,1 2,556,000!! 3,ooo| i 5,000 i 10,000; 22,000'; 5,000| j 122 ",566!: 385,000:; 42.000 j To",5561 37.000 I 352,000; 55.000 • 167,000 865.000 66.000 354.000 909.000 202.000 749.000 110.000 1,193,000 58.000 2,000 28.000 10,000 9.000 25.000 21,000; 3,000! 2,000, "7", 000 i ,ooo| 64,000, 16.0001 94,000! 17,000! 18,000 810,000 3.000 1.000 1,000 18,000 37.000 3.000 407.000 703.000 77.000 43.000 159.000 34.000 1.000 363.000 64.000 3.000 10.000 2.000 2,000 7,000 34.000 25.000 76,000: 2,000 146,000! 14",666 Sales in PRICES I N D ec. 1926. Par Value. I Jan. 3. Bid. Lowest. Ask. Bid. Ask. Highest. 54.000 34.000 96.000 1.000 6,000 13.000 29.000 2,000 16.000 4,000; 11 5 117% 97% 85 95% 85% Sale Sale Sale Sale Sale 108% 90 108% 104% 103% 104% 104 1 0 2 % Sale 84 8,000j 100 65,000! 102 26,000 104% 3,000; 8 7 % 5,000; 100 8 ,000 ! 101% 67.000 7 8 ,% 3.000 , 9 8 % 37.000 '100% 20.000 112% 85% 102 Sale Sale 88% Sale 101% Sale 6.000 110% 115 95,000, j 9 1 % Sale | 89 % To ".6 6 6 1 9 /% sa le 8,000 9.0 S86,000j 01% Sale 118 216666; 100% iOi 12,000; 103% Sale 8,0001 127.0001 115% 118% 98% 84% 95% 78% 103 108% 90% 86 104% 104% 1023, 102% 104% 89 100 101% 80% 98 % 100 113% 112% 92% 90% 97% 8e% 102% 11 S 100% 103% Sale Sale Sale Sale 114% 117% 97% 84% 95% 86% 86 103% 102% 108 109 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale Sale 105 84% Jan. 104% Jan. 103% Jan. Sale '02 Jan. 106 104% Jan. 90% 89 Jan. 104 102 Sale 78% 99% 101% i 12 116 112% Sale 91 % ; 57% ! 57% i 56% : 56 104 56% 56% 68.000 56% 150.000 56 4 22,000 56 4 208.000 56% 101 % 00% Jan. Sale >03% Jan. 02% Jan. 07-.; Sale 97 % Jan. 60 60% 58% 58 M 304% 103% Sale 59% 59% Safe 59% 59 % 56% 59% 56% 59% S ale Sale S ale Sale 79% 81 78% 91% 92 8l 8J% 91 91% Sale 89 92 46.000 1C5 Sale 110 75.000 108% 102% 103% 3,000 102% 103 102,%'_____ 102% 2,000 101% 101% 101% 101 101% Sale 101 % 103 2",666 101 101 % _____ 1 0 1 % 102% 55.000 306% Sale 106% Sale 36.000 111% 111 % 112 48.000 ,103% Sale 104% Sale 89% Sale 79.000 i 87% 88 6,000 I 86% 87% 86% 87% Sale 93 776,000 | 92% Sale 3.000 4.000 3.000 », •:< Jan. 853 .) an. 997. Jan. 71 Jan. 71 % Jan. 61% ,>an. 60 Jan. 86 3 Jau. 94% Jan. 99% Jan. _93% 106% ! 06 80% 10674 69% 113% 103% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. ■00 Jar. *’ . 92% Jan. J 55% Jan. 86 Jau. 75% Jan. 96 Jan. 78% Jan. 74% Jan. 90% Jan. 90% 105 108% 101% 101 101 % Jaa. Jan. Jan. Jan. Jan. Jan. 101 101 % 106 111% 103% 87% 86% 92% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 90 101 % 101 Sale 103% 104 103% 95% 94% 95% 100% 99% Sale 1 99% 100% 9 9% 9 9% ! 99% Sale 91 H Sale j 93% Sale 90% 91 87% 97% 97% 98 I 97% 105% 104% 105% 104% Sale 102% 103%; 101% Sale 117% Sale j317% 106 106% 105% 105% Sale 87% Sale 86% Sale 304% 104%|104% 105% 304% 105% 104% 9 7 % ------- 97 % 95% 95 % 95% 96 95% 91% Sale 90% 100 _____ Sale 90 90% 89 99% 98% 99% 98% 113 107% 111 Sale 102% Sale 102% 107% 1 0 7 % ------- 107% Sale 104% Sale 103% Jan. Jan. 89% 90 4.000 101% 102% 102% 100 126,000 103% 94% 30,000 99% 99% 200,000 93% 356.000 87% 27.000 97 6,000 10414 18.000 101% 9.000 138% 1.000 j105 % 176.000 | 86% 195.000 1104% 1104% " 4",066 i 97% 95 94% 1,000: 90% 3.000 100 35.000 89 38.000 ! 99% 5.000 306% 94.000 102% 6.000 107 48.000 103% 99% Jan. 100% Jan. Sale 57 Jau. Sale 56 s Jan. 59% 55 % Jan. 59 5 o -h Jail. 104 103% Jan. Sale 56% Jan. Sale 56 Jan. Saxe 56% Jan. Sale 56% Jan. 60 56% Jan. Sale 56% Jan. 25.000 | 77% 79 ............li 76% Sale 91 26.000 ' 90 20.000 89% Jan. Jan. Jan. 97% .Tan. 90% 90 Jan. Sale 101% Jan. 99% Sale 211.C00, 99% 101 101 % >00% "T o o o ! 84 88% 84% 88% 88% ;s4 90 e.ooo: 87 % i.oo o ; 85 % 86% 85% 86 • 99% 1 10 Gy",66 6 71 71 % " •?-V 7 3 Sale 71% Sale 71 63% Sale 132",666 61 % Sale Sale 62% 16,000 60 87% 15.000 86% 8? V 87 85 1,000 qs 5.T 95 49.000 "§ 4 % Sale 9 9 % Sale 59.000 99% S ale 98% 99 86,000 94 Sale 94 Sale 91% 90% 45 ",666 106 % Safe"" 06% Sale 107% 106 107% 1,000 1106 83 Sale Sale 679.000 28,000 ! i i ! S a ’ e 107 % Sale 70 , Sale 524.000 ! m % 315 113', Sale 103% 103% 104% " T,666l 1.000 90% lon% 101% 21,000 99 -j 11,000 106% 107 106% 107 92% Sale 93 Sale 99 ! 96% 100% 97 c8% 59% 22 000 55 Sale "55 % 59 93.000 55 86% Sale 31.000 ! 8 5% 86 84% 83% 6,000 83 76% 66.000 I 75% 76 96 % 97 77.000 96 97% 19.000 191.000 291.000 50.000 206.000 71.000 335.000 282.000 Jan. Jan. 86% Sale 95 _8 6 ~ " ......... Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 86% Jan. Lowest. 1926. Highest. Sale P r i c e s . 1 S a le Prices Sale Prices Jan. 13 101 % Mar. 16 103% Oct. 11 Jan. 28 87% Jan. 4| 94% Dec. 31 Dec. 3 87% Feb. 19 90 Jan. 27 100% Jan. 23 101% M ay 21 Jan. 20 102% Feb. 17.105% June 14 Jan. 18 93% Jan. 30 95% Jun 1 16 Oct. 211 99% Jixn 1 Jan. 31 98 5 115% Jan. 20 114% Oct. 5 117% Feb. 20 3 118% Jan. 15 116% Sept. 3 118% Feb. 3 8 98% Jan. 26 9b % Jan. 20 98% July 13 Oct. 8 3 85% Jan. 8 80% Jan. 7| 87 3 95% Jan. '3 94 June 17 95% Dec. 21 29 86 Jan. 29 81% Jan. 5! 87% Dec. 31 3 103% Jan. 12 101% Aug. 6 103% Jan. b 10 108% Jan. 28 106% N ov. 13 109% Apr. 27 81% Nov. 6 90% Dec. 31 29 85 Jan. 27 79% Jan. 19 86% N ov. 20 10 105 Jan. 26 103% Feb. 3106 Sept. 16 10 104 Jan. 10 102% July 29 104% June 15 101 % Feb. 9 101% Feb. 9 3 102% Jan. 7 !102% Sept. 9 103% Mar. 12 3 105% Jan. 22 j 101 % Jan. 4 106% M ay 7 21 89 Jan. 21 i 86% Oct. 6 88% Sept. 16 100 Apr. 21 103% July 20 19 102 Jan. 19 101% May 28 102% Dec. 13 3 80% Jan. 17 I 68 Jan. 6 79% Dec. 30 98% Apr. 20 99% May 4 98% Jan. 9 101% June 14 5 114% Jan. 15 ! 08% Jan. 19 113 July 9 12 112% Jan. 29 i108% Jan. 22 111% June 21 12 92% Jan. 14 88% Mar. 2 92% Oct. 29 S ep t.24 90 Sept. 24 90 17 97% Jan. 17 96% Jau. 20 97% Dec. i f 3 92% Jan. 20 87 Apr. 6 90% Dec. 18 3 03 Jan. 14 97% Jan 13 102 May 13 118% Aug. 18 118% A u e r 18 4 101% Jan. 25 100% Apr. 5 101 % Sept. 27 3 103% Jan. 11 102% Jan 4 105% Apr 22 19 02% Jan. 19 101% June 18 103% J une 3 3 98% Jan. 21 ; 92 Mar. 3 97% N ov. 19 Sept. 27 94% Oct. 25 99% 'an. 4 i Jau i l 90% June 18 25 100% Jan 25 100% June 11 102% July 8 S3 Mar. .30 88 Apr. 28 "i 88 .Tan. 18 Jan. 15 88% Aug. 2 Jan. 6 87 % Aug. 4 G 86 Jan. 27 i 2*7 99% -Ian. 27 98% Apr. 26 102 July 2 .1 73 Jan. 12 ! 65 Jan. 4 71% N ov. 19 29 72% Jan. 24 64 Jan. 2 70 M ay 21 14 64% Jan. 1 51% Jan. 19 62 N ov. 22 3 62 % Jan. '8 51 Jan. 16 59% Oct. 5 O 88 11 Jan. 10 83% Jan. 5 87% Dec. 30 84% Feb. 24 86% Dec. 31 3 £5% Jan. 20 j 91 % Jan 94% Dec. 28 3 100% Jan. 4 96% Mar. 2 100% Mar. 17 99% Mar. 17 9.9% Mar. 17 3 •94% Jan. 14 90% Jan. 4 94 Dec. 18 _ 91% Mar. 23 92% Mar. 23 3 106% Jan. 20 Feb. 17 107% Nov. 17 2/ 106 Jan. 27 ' Aug. 28 107% Apr. 24 83% Jan. 18 j Mar. 4 81% N ov. 13 3 107f7 Jan. 71 Jan. 5 107% Dec. 31 3 71% Jan. 18 s Jan. 5: 70% July 12 31 113% Jan. 31 Apr. 22 113% N ov. 19 6 103% Jan. 6 101 Jan. 28 104% N ov. 26 79% Jan. 7 1 90% Sept. 10 ' n i % Jan. 21 92 Jan. 7 100% Dec. 20 7 107 Jan. 6 103% Jan. 6! 108 % Apr. 14 1 Jan. 24 83% July 15 92 3 Apr. 20 95 Mar. 30 97% N ov. 5 o\> ao,-'. Mar. 31' 56 N ov. 20 47 7 59 Jan. 25 45% Mar. 31 56% Dec. 9 6 88 Jan. 17 Si % Jan 29 87 June 22 Sept. 24 84 81 Dec. 22 10 /6% Jau. 21 ; <>% J a n . 8 76% Dec. 8 12 98 Jan. 18 on % J a n . 6 96% Dec. 18 Apr. 9 92% N ov. 18 91 6 60% Jan. 22 48 % Mar. 30 58% Nov. 22 3 61 Jan. 22 47% Mar. 31 58% N ov. 22 4 59% Jan. 29 17 % Mar. 31 56% Dec. 3 7 ■59% Jarx. 21 47 Mar. 30 57% Nov. 22 29 106% Jan. 17 102 July 22 106 Jan. 25 3 60% Jan. 20 47 Apr. 3 57% Nov. 22 4 60 Jan. 22 46% Apr. 1 57% N ov. 22 4 60% Jan. 22 45% Mar. 25 57% N ov. 22 5 60% Jan. 24 46% Apr. 3 58 N ov. 19 4 60 Jan. 221 47% Apr. 3 57 N ov. 22 4 60 Jan. 24 47 Apr. 1 57% N ov. 22 98% Jan. 8 99% M ay 8 99% Jan. 8 99% A pr. 1 99 % Jan. 18 99% June 8 8 80 Jan. 20 74% Jan. 2 79 N ov. 8 31 76% Jan. 3 74% July 27 74% July 27 7 9J M Jan. 26 85 ■'s Jan. 15 90% Dec. 17 8 6 % June 4 87 Aug. 11 11 90% Jan. 11 8 0 % Jan. 5 89% June 15 3 107 Jan. 17 1 0 1 % Aug. 17,104% Dec. 31 3 110 Jan. 19 03 July 22! 109 Dec. 10 5 i03 Jan. 17 101% Sept. 29 105 % Feb. 8 1 1 101 Jan. 11 102% Sept. 29 103% Jan. 30 26 101 % Jan. 26 100% Jan. 23 103% June 1 100% Jan. 25 101 Sept. 30 3 102 Jan. 1 2 ! 100 F e b . 6 102% N ov. 4 7 101% Jan. 71 M ay 10 101% M ay 10 19 106% Jan. 10 Dec. 13 108% Mar. 22 27 112 Jan. 6 111 % Jan. 7 114% Apr. 23 4 105% Jan. 1T 99% Jan. 14 104% June 28 6 88% Jan. 14' 85 Jan. 4 88 M ay 11 18 87 Jan. 21! 83% Aug. 28 86% Dec. 24 3 93% Jan. 19, 87% Mar. 3 92% Dec. 22 24 88% Jan. 20 91% Dec. 3 4 90 JaD. 4 86% Mar. 19 90% Oct. 23 10 102% Jan. 24i 101 Aug. 12 102 Feb. 5 100% Feb. 5 100% Feb. 5 3 104 Jan. 22 102% Mar. 15 104% Feb. 25 } 94% Sept. 8 95 June 18 11 100 Jan. 4 98% Jan. 8 101 Apr. 9 26 99% Jan. 26 98 % Jari. 8 100% Apr. 15 3 97 Jan. 22 77 Apr. 20 94% Dec. 3 3 91% Jan. 211 76% Apr. 21 88% Dec. 6 6 98% Jan. 25' 94% Mar. 5 98% N o v .29 4 105% Jan. 13 101 Sept. 10 105% June 4 3 105% Jan. 26 100 Jan. 5 104% N ov. 18 31 118% Jan. 6 115% Jan. 119% June 19 13 105% Jan. 13; 99% July 106% May 24 3 88% Jan. 7| 81 Jan. 87% Apr, 24 3 104% Jan. 3 100% Jan. Apr. 23 105 7 104% Jan. 7! 1102% Mar. 104% N ov. 13 10 97% Jan. 10! 96 Jan. 98% Sept. 24 25 95% Jan. 28 ; 93 July 95% Nov. 13 28 95% Jan. 28 93% July 14 93% July 14 19 91% Jan. 22, 89% Jan. 19 91 Oct. 1 ----------- H100 July 22 101 % May 4 3 90 Jan. 28! 85 Jan. 5) 89% Dec. 9 10 99% Jan. 1711 97%; Jan. 6100% N ov. 23 --------- 1'102 Aug. 21 108 Dec. 14 15 102% Jan. 3 101% Mar. 3 103% Apr. 8 27 107% Jan. 27 105 Mar. 10 108 June 29 7 105 Jan. 21, 99% Jan. 12 104 N ov. 27 ________I: 91 Jan. 14 93% Dec. 3 3 87% Jan. 25 81 % Feb 8 86 Dec. 10 Sale Prices. 102% 103 % 102% Jan. 6 103% 2,000 10214 205,000 94 Vs Safe 94% Jan. 4 96% 96% Sale 5.000 88 88 101 Jan. 27 101 2.000 100% 101 7.000 105 106 Sale 105% Jan. 4 106 20,000 9 4 % 95% 96% 96% 95 Jan. 6 97 73.000 9 9 99% 99% Sale 99% Jan. 4 99% 68.000 [ V ol. m . RANGE FOR YEAR JAN U ARY. Jan. 31. O CO 1- C C C & St L— {Concluded) it X. Div 1st coll tvust & 4S--1990 Registered______________ sp Sl Ool Div 1st g 4s_______ 1940 W VV Val Div 1st g 4s______1940 Olev Col C & Ind 6s________ 1934 Olev Lor & W con ist g 6s____1933 Olev & Mahon Val g 5s_______ 1938 Olev & Mar 1st gu 4 Mis_______ 1935 d e v & Pitts 4 ksseries B _____ 1942 Series A 4 k s ___ ____________1942 Series C 3 k s _______________ 1948 Series D ________ ---1950 Olev Short Line 1st gu 4 Mis— 1961 Olev Un Term'ls 1st s f 5k s--1 9 7 2 1st s f g 6s Ser B __________ ,-1973 Ooal Iiiv Ry 1st gu 4s------------ 1945 Oolo & Southern 1st g 4s__ _ — 1929 Refunding & ext 4 Ms--------- .1936 Ool & Hock Val 1st ext g 4s____1948 Ool & Tol 1st ext 4s----------------1955 Oonn & Pas Rivs 1st g 4s----------1943 Consolidated Ry non-conv 4s —1930 Non-conv debenturs 4s--.__1954 Registered______________ Non-conv debenture 4 s------- 1955 Non-conv debenture 4s-------- 1955 Non-conv debenture 4a-------- 1956 Cuba RR 1st 50-yr 5s g ----- ---1952 1st & refund 7 Ms Sar A ------1936 Interest Period BONDS JN. Y . STOCK EXCHANGE. MN MN M S I 3 3 .1 A O J .7 MN A O J J MN F A A O A O A O J D F A MN A O F A A O F A J I J D J J A O J J 1 J .1 t) J D 1 J J J MN A O Cuba North Rys 6s stmpd____ 1966 Day & Mich 1st con 4 Ms----------1931 Del & Hud 4s...................- ..........1943 10-year convertible 5s----------1935 15-year 5 Ms----------------------- 1937 a s n I D 10-year secured 7s-------------F A J J Dan & R G ist cons g 4sJ J J D F A J J Temporary ctfs o f deposit----Des Pl'nes Val 1st gu 4 Ms------1947 M S J D J D Detroit River Tunnel 4M s----1961 M N Dul Missabe & Nor gen 5S-..--1941 J J Dul & Iron Range 1st 5s--------1937 A O Dili So Shore & At) g 5s...........]937 ,T .1 A O J J MN Elgin Joi & East 1st g 5s...........1941 M N El Paso & S W 1st & ref 5 s --- ,ncc A O vr s j j Erie 1st con & prior 4a-_. 3 J Registered----------------.1 .1 J J Registered--------------------•Penn coll trust g 4s------- ---1951 F* A 50 yr conv g 4s Ser A__— .-1953 A O A O Do do Ser B ------ft o J ,1 T J Genesee Riv RR 1st s J J J J MN Est Railroad ext! st’ 7s-------J 3 Fla Cent & Pen ext g 5s-.,-J 3 J D M 8 MN Port St U D Co 1st g 4M s----- 1941 J J Ft Worth & Denver City Sks-1961 J B .5 J Ft W & Rio Gr 1st g 4s--------A O Frem Elk & M o V 1st 6 s - ~ Gal H & San Ant M & P 1st 5s. 1931 41 N 2d guar exten 5a----------------- 1931 .1 J Qalv Hous & Head 1st 5s— --1933 A O J J Ga & Ala 1st cons 5s------Oct .1 3 Ga Car & Nor 1st gu g 5s------A O Gr R & I ex 1st gu g 4 Ms-------1941 J J A O M 8 15-yr deb g s i i J D J 3 Grt'N or— Gen 7s Series A — J J Registered------- - — - — 1st & refund 4 Ms Ser A ------196 i j j j .i j Gen 4 Ms series D ----- Geen Bay & West deb ctfs A„ Debenture ctfs B — - — -Hock Val 1st con g 4Ms- Registered----------------Adjust Income 5s -------- Fet Illinois Central 1st g 4s----------- 1951 Registered----------------------- ----1st gold 3 M s .--------------------- 1051 Extended 1st g 3M S-------------1951 Registered----------------------- - - - 1st gold 3s sterling---------------1951 Registered. 15-year secured 5 Ms-----------1934 15-year secured 6 Ms------- -.1936 Litchfield Div 1st g 3s-------- 1951 Louisv Div & Ter g 3 Ms------1953 Registered----------------------Omaha Div 1st g 3s------------- 19ol 8t. Lou Div & Term g 3s-__1951 Gold 3M s..................... 1951 Spring! Div 1st g 3 Ms------- ..1951 Western Lines 1st g 4s----------1951 Oh St L & N O jt 5s A --------- 1963 Chic St L & N O gold 5s.........1951 Registered--------------------1951 Gold 3 Ms________________ 1951 Ind Bloomington & W 1st 4s--1940 Ind 111 & la 1st. gold 4s 1950 15 BONDS—STOCK EXCHANGE RECORD F eb., 1927.] j j j Sales in Jan. 1927. Par Value. $ 13,000 A J J J A B D D 1) O J 2,000 1,000 4,000 3,000 1,000 2.000 4,000 6,000 4 0)0 4,u00 1,000 PRICES I N Jan. 3. Bid. 87k 85 91 % 90 H 107 M 102k 99 M 98 M 99 k 99 M 86 M 84 k 101M 108M 104 88 k 99 M 96k 91 Vi 90 M 5,000 20,000 105,000 6,000 7,000 92k 69 71 27,000 1,000 69 73 3,000 91,000 7,000 51 ,000 145,000 7,000 299,000 251,000 31,000 23,000 577,660 41 ,000 30,000 2,900,000 3,000 1 ,000 27,000 12,000 14,000 14,000 6,000 26,000 36,000 2,000 14,000 210,000 3,000 1 ,429,000 7,000 31 ,000 356,000 302,000 2,840.000 68,000 70,000 1 ,000,000 4,000 26,000 390,000 137,000 1,000 1,000 12,000 J ,000 4,000 3,000 14,000 1,000 50,000 10,000 80.000 12S.000 1,769,666 144,000 275,000 255,000 570,000 3,000 2,000 1,000 2,000 85,000 3,000 43.666 76.000 64.000 1,000 Sale 96k 92 86 108 74 k 95 k 108 k 100k 102 k 98 k 93 k 115 104k 106k 94 k 91k 95 99 k 78 k 32 33k 94 70 65 97k 104k 101k 78 93 k 100 k 106 103k 105 k 106k 83 k 77 Sale Sale 23.000 79.000 19.000 27.000 14“ 666 70.000 6,000 1,010,000 3.000 3.000 15.000 5,000 102k Jan. 3 102k Jan. 3 9 8 k Jan. 8 9 8 k Jan. 8 Jan. 100 Jan. 5 78 k 90 k Sale 89 Sale 7 7 6 k Jan. 25 6 9 k Jan. 5 76 69 k 94k 107 99k 99 k 98k 93k 114k 103 106k Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 102k Jan. 7 5 k Jan. “ Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 103 78 Jan. Jan. Jan. Jail. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jail. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jail. Jan. Jail. Jan. Jan. I’ O lk 98k 101 k 63 94k 106k 98k 108 101 100k 98k 99k 100k 72k Jail. Jan. 115k Jan. 108 Jan. 98 k 9 7 k Sale 108 Sale 102k Sale 94k Jan. Jan. Jan. Jan. 2 2 k , 22 5 100 Jan. 100k Jan. 9 9 k Jan. 86 k Sale 94 k Sale 84 94 87 k Sale 87 ____ 7 4 k Jan. 87 Jan. 7 4 k Jan. 87 k Jan. 73 _____ 9 1 k Sale 93 k Sale 85k 86k 88k 88k 73 Jan. 9 0 k Jan. 9 3 k Jan. 7 4 k Jail. 91k Jan. 95 Jan. 7 7 k ___ 7 6 k ___ 86 87 77 Jan. 7 6 k Jan. 86 Jan. 9 0 k ------- 9 0 k _____ 9 0 k 230,000 103 103k 103 k Sale 103 k 1,000 105k 107k 105k 107k 105k 1 0 3 k ------- 1 0 3 k _____ 7 9 k ------- 7 9 k ------2,000 92 k _____ 92 k ------2,000 9 3 k ------- 93 k 94 k 9 3 k Jan. Jan. Jan. Jan. 87 95 Jan. Jan. 96 k 75 65 98 k 104 k 103 k 90 k 92 k 101k 106k 104 k 105 k 108M 64 M ar. 86 M ar. M ar. M ar M ar. Jan. J an . J an . 1)8 M ar. 98 k 95 k 97 58 k Mar. Nov. 15 66 65 90 k 67 k 67 k 73 k 104 104 k Feb. Aug. 88 8 1 k July Jan. J an. Feb. Jan. Jan. Jan. Jan. Oct. July Sept. Jan. Nov. Jan. Jan. Jan. Jan. M ar. Aug. Mar. Feb. Ian. Mar. July Apr. Feb. Sept Dec. Jan. Jan. Jan. Jan. 47 Jan. 71 88 k 90 k 81k 8 8 k Jan. 13 85 85 k 108k Jan. 105 103k Jan. 101k 113k Jan. 111k 9 7 k Jan. 95 k 9 2 k Jan. 90 k 7 6 k Jan. 74 80 k 78 k 77 Jan. 73 k 7 6 k Jan. 73 k 86 Jan. 81 k 82 k 9 0 k Jan. 89 k 104 Jan. 99 k 105k Jail. 103 k 102 k 78 k 91 7 9 3 k Jan. 26 85 k 98 k 109k 103k 95k 30 122 k 3 105k 14 1 1 0 k 171 95 2 91k 5 95 2 100 76 k 47 k 74 M 7 7 k Oct. June Sept. Jan. Jan. Oct. Feb. Sept. Sept. Oct. Oct. Jail. Feb. July Jan. Jan. Oct. June Mar. Jan. Mar. Mar. Jan. M ay Jail. Mar. Feb. Jan. Aug. Feb. Jan. Apr. Jan. July Mar. Jan. Jan. 9 9 k Jan. 100k Jan. Jan. J an. M ay 101 k J a n . 102 k Jan. 1 05 k Julv 97 k 100 93k 96 99k 63 95k 113 106k 95k 8 109k 112k 91k 102k 97 k 90k 78 8 13k 88k 101 103k 9! k 90 95k 100 101k 96k 100k 100 92k 97 75k 91k 93 83k 83k 9 9 k Jan. 100k Jan. 88 100k look Ia n . 106 Jan. 107 Jan. 9 8 k Jan. Jan. Jan. Feb. Jan. Jan. Apr. Jan. 11 2 2 k Jan. 9 9 k Jan. Jan. 107 Jan. 19 114k Jan. 10 0 k Jan. 9 8 k Jan. Mar. Dec. Feb. Jan. Jan. Mar. Mar. Sept. Nov. Aug. 103 96 Sale 1105k Jan. 107 Jan. 9 8 k 98 Jan. 99 k M ar. 79 k Dec. 91 M ar. 101 k Jan. 29 Jan' Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 74 Jan. 4 96 M Jan. 4 110 Oct. 2:100 Jan. 5 100 Feb. 16 9 8 k Jan. 4 95 A p r. ioi m M a r . Jan. 108k 108k 107k Jan. 102 k Sale 102k Jan. 112k 112k 112k Jan. 97 k Sale 9 6 k Jan. 9 2 k ------- 9 2 k Jail. Sale 7 6 k _____ 7 6 k Jan. _____ 83 k 83 86 Jan. 25 102 106k 103k 105k 107k 84 79 77 k 74 99 k 82 82k 89k 113 113k Sale Sale Sale Sale 76 k 76 96 108 k 101 103 98k 94k 118k 105 106k Jail. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jail. Jan. Jan. Jan. Jan. Jan. 101k 102 Sale 95 7 0 k Jan. 100k Sale 106 103k 102 104k 107 h 106k Sale 81 k 79 76 k Sale 73k 73 98k 9 9 k 101 78k 8 1 k Sale 79 8 1 k Sale 84k 88 k Sale 113 111k 111k H 2 k 114 88 k 89 Sale 101 95k 101k 103 k 101 k 98k 99 k 99k 99 k 100 Sale 61 k 63 94k 94 k i0 6 k 106 k 98 98k 97k 107 k 109 107k 100 k Sale J00k 100 k 100k 100k 96k 9 7 k Sale 98k 9 9 k Sale 100 100k 99 72 k 73 k 7 2 k 97k 115k Sale 115k 107 k Sale 106k 95 k 114 Sale 113k 97 k 109k 103 95k 83 21 2 2 k qo 105 k 109 106 k Sale 98 95 k 99 k 9 8 k Sale Price.' Sale Prices. 82 M Jan. 5 8 8 k Oct. 23 Feb. 25 83 k Feb. 25 Feb. 2 9 1 k Oct. 22 M ay 21 94 Dec. 30 Sept. 17 107 k Jan. 20 1 0 1 k Aug. 25 102 k M ay 17 99 k Sept. 7 99 k Sept. 7 96 k Mar. 4 98 k Nov. 9 99 k Aug. 12 99 k Aug. 12 1 01k Mar. .15 101k Mar. 15 Apr. 8 83 k Mar. 23 86 84 k Sept. 10 85 k July 23 97 k Jan. 15 101 M Sept. 27 105M Feb. 5 108k Dec. 22 100k Jan. 4 104k June 15 86 k Feb. 2 88 k June 29 98 k Jan. 19 99 k M ay 12 95 k Sept. 1 9 7 k Mar. 13 87 M Jan. fi 92 k Aug. 11 Apr. 29 87 M Apr. 7 90 Jan. 4 88 N ov. 16 81 75 k Jan. 20 9 3 k Oct. 29 Apr. 28 65 k Jan. 5 73 70 Sept. 22 70 Sept. 22 July 10 65 M Jan. 5 75 65 k 88 k 105 101 97 M Sale 92 k 97 k Sale 90 k Sale 108 k 105 102 k Sale 106 k 94 k Sale 91 k Jan. 9 2 k Jan. 85 k 9 5 k Jan. 89 9 5 k 9 4 k Jan. Sale 100 Jan. 9 9 k Jan. 95M Sale 80 Jan. 27 62 7 3 k Jan. 38 39 34 3 3 k Jan. 22 3 4 k Jan. 33 k 96M 7 3 k 7 0 k Jan. 7 0 k Jan. 7U 66 k --------------65 97k~Jan7 98 97 k Jan. 10 94 k 103 M 100 1926. Highest 83 k 91 k Jan. 11 91k Jan. 11 89 9.1 Jan. 11 93 k Jan. 18 8 1 k 107 k Jan. 3 107k Jan. 3 104M 100 21,000 99 k 99 k 100 3,000 100 k 100 k 100k 100k 100 k 268,000 98 k Sale 9 8 k Sale '6 '6 6 6 Lowest. 101 Vs 101 k Jan. 11 101 k Jan. 14 Sale 110 Jan. 25 ~ ------108k~Jan. Sale 103k Jan. 105 Jan. 10 8 8 k Jan. 8 8 k Jan. 8 Sale 99 9 9 k Jan. 3 9 8 k Jan. 97 Jan. 99 Jan. 21 97 k Sale 91 Vs 92 90M Sale Sale Sale Sale 102 84 94 91 87 k 87 84 74k 90 k 94 85 88 k 85 k 107 k 103k 113k 96 k 92k 76 k 82 k 81k 75 k 75 k 84 k Highest. A s k , Sale Prices Sale Prices. 88 M SI Vs Jan. 18 90 Jan. 25 93 k 77 69 74 Sale 83.000 95 17.000 107 108k 22.000 99 k 99 M Sale 91,000 100 98M 98 k 52.000 93 /% Sale 393,000 1 lv6 M Sale 13.000 103 k Sale 37.000 106 Vs 106 Vs 94 M 222,000 9 1 k Sale 18,000, 94 Vs 94 k 74,000! 99 M 99 k 1,575,000 73 k Sale 34 41 31,000 34 37 M 93 Vs 6,000 7 0 k “7 3 k 05 66M 17.000 9 6 k 97 k 5.000 i 03 % 17.000 103 Sale 5.000 75 79 k 2 .000 95M 19.000 100M i o r ~ 12.000 106 106k 2,000 )0 2 k Sale 5,000 104 k' 22,000 106/8 107k 168,000 8 1 k Sale 77M 80 k 1.104.000 73 k Sale 118,000 59.000 98 k 101 172.000 79 k Sale Sale 299.000 79 3.736.000 84 k Sale 22.000 111M Sale 114.000 HI k 112 88 k 88 k 995.000 95 k Sale 2,000 100 k 100k 21 ,000 101 k 148.000 9 8 k Sale 257.000 99 k Sale Sale 710.000 63 94 106 k 2,000 9 7 k 98 k 107 k 109 2,000 100 k 1,000 100k 100k 27.000 96 k 96 k 10.000 99 k 98 k 21,000 99 k 100 4,000 72 73k 21,000 96 k 40.000 115k Sale 27.000 106k Sale 94 k Sale 352,000 114 897,000 \RANGE FOR YEAR Lowest. 86 1,000 29,000 9 7 k 166,000 108 206,000 102k 605,000 94 k 83 82,000 22 k 1,000 92 43.000 104 k 15.000 106k 25.000 98 95k 4,000 96 k 101k JANUARY. oan. 31. Aslfc. Bid. 90 87 k 85 82 k 91H Sale 107k Sale 101 Vs 100 99 98 M 100M 100k _____! 87 M _____! 85 % 102 101 M 108k 109Vs Sale ,104k 16,000 18,000 199,000 1 ,000 31,000 72,000 Feb 58,666 Feb MN 29,000 A O 16,000 J .1 J J 70,000 J 3 “10,666 MN 4,000 J ,? M N .1 ,'f 5,000 fiS N 3,000 MN 1'* A 380,000 F A A O 1,174,000 J J 2,000 J .1 1,666 J ,T A O 8,000 A O Wt 8 3,000 A O 7,000 M N 25,000 ,1 J MM 33,000 MN MN 48,666 J .1 151,000 J J 17,000 F A 1,368,000 J U 2,000 J J 2,000 J 3 F J J J F J J 3 J A J Sales in Dec. i926. Par Value. 82 k 77 k 74 k 72 k 98 k 79 k 79 k 85 k 112 112 92 89 k 95 k 100k 102 99 k 100k July 24 June 11 Sept. 2 Sept. 1 Dec. 29 N ov. 16 M ay 12 Sept. 2 M ay 18 Sept. 23 Apr. 8 Dec. 20 June 30 Apr. 27 Dec. 9 Jan. 28 Jan. 12 Aug. 27 N ov. 15 Feb. 1 June 14 Sept. 10 June 14 June 26 Dec. 4 May 14 July 2 May 22 Oct. 4 Jan. 9 Dec. 31 Oct. 26 Dec. 3 Dec. 22 Aug. 10 Dec. 23 Dec. 23 Dec. 24 Dec. 14 Dec. 11 Mar. 22 Mar. 24 Dec. 31 N ov. 4 June 2 Dec. 31 June 12 Dec. 1 June July June M ay 101 Jan. June 99 July 100 100 k Jan. Dec. 74 97 k June 107 98 k 108 k 101k 116k 108 95 k 116k 1 13 k 98 k 109k 103k 9 >k 85 23 k 92 106 107k M ay 12 30 7 5 26 8 12 23 22 18 6 June 1 Oct. 29 Dec. 24 N ov. 23 N ov. 5 Dec. 20 Nov. 17 Sept. 16 Sept. 27 N ov. 26 Dec. 13 June 18 Dec. 3 98 k Dec. 28 M a y 19 90 99 k June 25 1 0 2 k Apr. 27 101 k Feb. 26 1 0 0 k Dec. 20 1 0 1 k June 9 ioi k Mar. 27 98 k Dec. 23 97 Apr. 27 84 k Dec. 7 97 k Apr. 12 M ar. 10 93 91 Sept. 21 Sept. 23 87 72 N ov. 29 May 14 Dec. 15 May 7 July 2 Oct. 20 May 12 Aug. 7 June 24 Dec. 17 July 28 June 29 Dec. 30 July 9 Dec. 6 Oct. 22 May 1 Augl 9 July 19 104 Dec. 20 1 0 5 k ' Ian. 19 102 k Apr. 7 78H, Feb. 3 93 k Dec. 14 Fur. e 6 92 92 94 k 85 k 89 k 85 k 108 k 104 k 113 k 96 k 92 k 78 k 83 k 82 k 76 k 75 87 k 85 90 k [Vol. 124. BONDS—STOCK EXCHANGE RECORD 16 BONDS N. 7 . STOCK EXCHANGE. Indianapolis & Loulsv 1st gu4s 1956 tnd Union gen & ref 5s A _____1965 Gen & ref g 5s Ser B _______ 1965 Internal & Gt Nor 1st 6s_____ 1952 Adj m 6s Ser A ........................1952 Stamped________________ Int Rys o f Cent Amer 1st 5 s ..1972 M N 1st col trust 6s______________ 1941 M N Iowa Cent 1st gold 5s________ 1938 J D Certificates of deposit___ 1st & ref 4s ............................. 1951 James F & Clear 1st 4s_______ 1959 Kal A & G R 1st gu g 5s______ 1938 Kan & M 1st gu g 4s-------------- 1990 Second 20-year 5s___________1927 O Ft S & M con g 6s----------- 1928 K O Ft 8 & M Ry ref g 4s------ 1936 K O & M R & B 1st gug 5s— 1929 Kan City South 1st g 3s----------1950 R ef & Imp 5s________ April 1950 Kan City Term 1st 4s------------- 1960 Kentucky Central g 4s----------- 1987 Kentucky & Ind Term 45*«___ 1961 44*s £100pcs___________________ Stamped________________________ Keok & Des M 1st 5s ctfs dep__1923 Otfs dep stpd as to lnt__________ Lake 15 & W 1st gold 6s______ 1937 2d gold 5s..................................1941 Lake Sh & M S g 34*s...............1997 Registered_________________ 1997 Debenture gold 4s_________ 1928 25-^year gold 4s____________ 1931 Registered____________________ Leh Vail Harbor Term 1st 5 s ..1954 Leh V (N Y ) 1st gu g 44*s____1940 Leh Val (Pa) gen con g 4s------2003 Registered______________________ Gen cons 44*«_____________ 2003 Leh Vail RR gen 6s series____ 2003 Leh V Ter Ry 1st gu g 5s------- 1941 Registered_____________________ Lehigh & N Y 1st gu g 4s— 1945 Lex & East 1st gu 5s________ 1965 . Little Miami gen 4s ser A ___ 1962 : Long Dock cons gold 6s____ 1935 Long Isl 1st cons g 5s------July 1931 1st cons gold 4s______ July 1931 Gen gold 4s_________________ 1938, Gold 4s.................................... 1932, Unified gold 4fl........................1949 Deb gold 5s_________________ 1934, 20-year deb 5s--------------------- 1937 Guar ref gold 4a------------------- 1949: S N Sh Bch 1st cons gu 5s— Oct ’32 Q J Louisiana & Ark 1st 5s----------- 1927 M S Lou & Jeff Bridge gu g 4s____ 1945 M S Loulsv & Nashv gold 5s-------- 1937 M N Unified gold 4 s ..................... 1940 J J Registered_______________ 1940 J J Coll trust gold 5s__________ 1931 M N 10-year secured 7s__________ 1930 H N 1st & ref 54*s series A ______ 2003 1st & ref 5s series B ________ 2003 1st & ref 44*s series O ______ 2003 N O & Mobile 1st g 6s............1930 . 2d gold 6s......................... -.1930 Paducah & Mem Dlv 4s___ 1946 St Louis Dlv 2d gold 3s-------1980 M ob & Montg 1st g 44*s— 1945 South Ry joint M onon 4 s .. 1952 Registered__________ July 1952 4tl Knox & CIn dlv g 4s------1955 & N Louis Cin & Lex dlv 6 414s..1931 M N Mahon Coal R R 1st 5s______ 1934 , Manila RR South lines 4s___ 1939 ! 1st 4 s . . . ................................ 1959! Manito S W Coloniz g 5s____ 1934 , Man G B & NW 1st gu 3 4*s__1941 . Mich Cent Det & Bay City 5s. 1931 ! Registered________________ 1931 i M ich Air Line 4s___________ 1940 , Registered___________________ _ Tack L & S gold 31*8.............. 1951 : at gold 34*s............................ 1952 ] 10-year debenture 4s________1929 , Midland o f N J 1st ext 5s____ 1940 , M L S & West ext s f 5s_____ 1929 ! MO & Nor 1st ext 44*s (blue). 1934 , Oons ext 44*s (brown)_____ 1934 . Mil Spar & N W 1st gu 4s___ 1947 ] Mllw & S L 1st gu 34*s_______1941 . Minn & St L 1st gold 7s_____ 1927 . 1st cons gold 5s_____________ 1934 1 Temp ctfs o f deposit__________ 1st & refund gold 4s________1949 1 Ref & ext 5s series A _______1962 i 1st guar g 7s----------------------1927 , M St P & S S M 4s stp d ......... 1938 . 1st cons 5s__________________1938 , 1st cons os gtd______________ 1938 , 10-yr coll tr g 64*s__________ 1931 : 1st & ref 6s series A _________ 1946 . 25-year g 54*s----------------------1949 ] M S t P & 8 S M & Cent Term 1st Chic Term s f 4s______ 1941 Mississippi Cent 1st 5s______ 1949 . Mo Kan & Tex 1st g 4s______ 1990 . Missouri-Kansas-Texas RR — Prior lien 5s series A _________ 1962 . 40-year 4s series B ___________ 1962 . 10-year 6s series O ___________ 1932 , Cum adjust 5s series A __ Jan1967 . Missouri Pacific RR Co— 1st & refund 5s series A _____ 1965 ! 1st & refund 6s series D ____ 1949 ; 1st & refund 6s ser E lnt_____ 1955 ] General 4s__________________1975 1 Mo Pac 3d 7s ext at 4 % . July 1938 : Mobile & Birm prior lien g 5s__ 1945 . 8 m a ll_______________________ _ Mortgage gold 4s___________ 1945 . S m a ll_______________________ _ Mobile & Ohio 1st g 6s_______ 1927 , 1st extension g 6s______ July 1927 < General gold 4s_____________ 1938 ] Montgomery Dlv 1st g 5s___ 1947 ! St Louis Division 5s_________ 1927 . Mohawk & Mai 1st gu g 4s___ 1991 : M ont Cent 1st gu g 6s________1937 . Registered___________________ _ 1st guar gold 5s_____________ 1937 . Morris & Essex 1st gu 3V*s____ 2000 . Nashville Chat & St L 1st 5 s .. 1928 , Nash Fla & Sheff 1st gu g 5 s..l9 3 7 National Ry o f Mexico— Prior lien 50-year s f 45*s— 1957; July 1914 coupon on _________ |. Assent cash warr rects No 3 onl Sales in Jan. 1927 Par Value S 366.000 32.000 53.000 116.000 753,000 51.000 50.000 43.000 23.000 12.000 3.000 3.000 4.000 11,000 21,000 171.000 3.000 40.000 193.000 208.000 10.000 Sales in Dec. i926. Par Value. B id . 11,000 86 9,000 102 4* 1024* 146.000 1064* 1,410,000 844* 88,000 814* 241.000 764* 106.000 95 68,000 534* 21,000 534* 20,000 17 1,000 914* 1024* 14.000 854* 3.000 1004* 27.000 1014* 76.000 924* 1.000 994* 18.000 73 4-s 258.000 994* 218.000 884* 14,000 87 5* 1,000 854* 212,000 112,000 25.000 20.000 36,000 21,000 23,000 4,000 18,000 6,000 6,000 10,000 1,000 8,000 56.000 60.000 1,000 6,000 14,000 7,000 48,000 Sale 98 984* 97 Jan. 43.000 97 11.000 1054*_____ 1054*------- 1054* Jan. 1,000 1024* 1034* 1024*_____ 1024* Jan. 984* Jan. 1054* Jan. 1024* Jan. 105 99 874* 83 99 1054* 105 904* Nov. June June May July June Oct. Feb. 18 24 21 15 2 2 6 85 1054* 845* 109 1004* 944* 905* 97 844* 974* 94 85 994* 994* 865* 1024* 28 934* Aug. Jan. Jan. Feb. Jan. Feb. Jan. Apr. Jan. Jan. Mar. Jan. Nov. Apr. Jan. Mar. Jan. 905* 110 874* 1094* 101 97 4* 934* 97 915* 100 100 905* 1004* 1014* 904* 1055* 964* Feb. 25 Apr. 24 Jan. 16 May 27 Sept. 14 Aug. 27 Dec. 14 Apr. 28 July 27 Dec. 1 June 7 May 25 June 8 Dec. 15 June 26 June 26 Dec. 4 1,000 894* 90 12,000 1094* Sale 864* 88 109 1004* 954* 4,000 93 944* 4.000 884* 894* 11,000 99 4* 13.000 984* 984* 4.000 804* 90 8.000 100 1004* 24.000 1004* 1014* 21.000 894* 90 5,000 103 159,000 954* 964* 35.000 108,000 32.000 181,000 1,000 2,000 100 8 , 000 ! 103 10,000 66 17,000| 734* 1 , 000 , 100 85 4.000 1014* 1,000. 2.000 954* 4,000 14,000 12,000 8,000 8,000 5.000 4.000 30.000 23.000 143.000 60,000 11,000 91.000 55.000 34.000 88,000 46.000 61.000 63.000 24.000 36.000 9.000 76.000 59.000 63.000 4,000 12 “ 666 5.000 3.000 24,000 1.000 ".66611 7 4904* N ov. 16 Jan. Aug. Jan. Feb. Jan. July Aug. Feb. 3,000 1,000 854* Jan. 102 90 825* 80 92 1004* 102 904* 8,000 1,000 Jan. 25 1054* Jan. 98 4* Jan. 884* Jan. 29,000! 6,000! 17.000 3,000 14.000 884* Jan. 17 89 17.000 1044* Sale 1044* 1054* 1044* Jan. 10.000 984* 994* 9 9 5 * ------- 984* Jan. 884* Sale 864* Jan. 864* Sale 41,000; 1.000 1034* Sale Sale 90 Sale 954* Sale 54 4* 174* 934* 1054* 87 864* 100 Sale 1014* 924* 924* 1004* 994* Sale 73 5* 100 994* Sale 88 90 88 88 32,000 15.000 24.000 16.000 1.644.000 380.000 233.000 1.849.000 Sale Prices. S a le P r i c e s Sale P r i c e s . Jan. 4 864* Jan. 20 794* Mar. 30 864* Dec. 31 Jan. 5 103 4* Jan. 25 1005* Jan. 6 104 May 3 Jan. 25 1024* Jan. 25 1004* Jan. 7 1034* May 6 Jan. 4 1074* Jan. Mar. 6 107 4* Nov. 17 103 Dec. 20 Jan. 914* Jan. 27 66 Apr. 1 86 Jan. 88 H Jan. 20 694* June 11 814* Dec. 10 Jan. July 13 775* Jan. 31 744* Dec. 15 81 Jan. Sept. 28 954* Jan. 5 944* Oct. 20 98 Jan. 54 Jan. 6 534* Dec. 21 655* Feb. 9 Jan. 29 Jan. 21 53 4* Jan. 4 534* Dec. 14 65 Jan. 11 18 Jan. 22 15 Aug. 27 23 4* Feb. 26 Jan. 2 92 Jan. 7 885* Jan. 6 924* Dec. 29 Apr. 3 Apr. 3 101 101 Jan. June 25 87 Jan. 26 83 Jan. 5 87 Jan. 1004* Jan. 14 994* N ov. 15 1014* Jan. 18 Jan. 1014* Jan. 28 1005* Feb. 25 1035* Jan. 29 Q3 Jan. 10 894* Jan. July 20 Jan. 93 Jan. 1004* Jan. 24 984* Mar. 3 1024* May 4 Mar. 1 Jan. Oct. 25 76 744* Jan. 31 72 Jan. 1004* Jan. 25 934* Jan. 4 994* Dec. 13 Jan. 884* June 12 895* Jan. 18 85 Jan. Jan. Oct. 22 885* Jan. 6 86 Jan. 25 92 81 Apr. 28 914* Aug. 13 30 12 3 18 13 17 944* 223.000 135.000 172.000 1,288,000 1926. Highest. S a le P r i c e s . 86 1025* 1024* 1064* 83 5* 814* 754* 95 534* 53 174* 914* 885* 854* L o w e st. Aug. Mar. Dec. Feb. July Feb. 132,000 43,000 A sk. 87 H ig h e st. July 19 103 Jan. 30 101 Jan. 21 824* Jan. 4 8u Jan. 4 994* Jan. 4 97 4* 30,000 3,000 12,000 RANGE FOR YEAR L o w e st. 100 984* 785* 77 984* 964* 1,000 13,000 JANUARY. Jan. Jan. Jan. Jan. Jan. Jan. 4.000 5.000 4.000 96,000 13.000 25.000 B id . 864* 102)4 102 4* 107 8944 894* 774* 95 52 514* 1744 925* 1024* 854* 1004* 1015* 1014* 924* 924* 994* 994* Sale 744* Sale 994* 884* Sale 89 88 88 8544 3.000 1024* 15.000 1004* 7.000 814* 77.000 251,000 99 Sale 55.000 974* 97 5* 101 1054* 1074* 1064* 100 103 4* 1035* 93 4* 674* 1004* 874* 38.000 42.000 16.000 154,000 10,000 15,000 A sk IN Jon. 31. 87 1034* 1034* 1064* Sale Sale Sale Sale Sale 54 174* 92 1054* 87 87 89 8 5 4 * ------ 4,000 ■ 3,000 5.000 23,000 5.000 PRICES Jan. 3. 11,000 834* 854* 984* 94 4* 1004* 954* 954* 92 4* 83 99 J* 53 174* 13 984* 88 4* 974* 98 4* 1014* 1004* 89 1024*_____ 1025* Jan. 1004* 1044* 1004* Jan. 814* Sale 814* Jan. 804* Jan. 994* Sale 984* Jan. 974* 98 975* Jan. 90 4* 1094* 87 1084* 1004* 96 93 945* 894* 994* 984* 90 100 100 894* 105 964* 92 110 90 1024* 1004* 814* 804* 995* 984* 90 ,1094* 864* .'1084* . 1005* Jan. Jan. Jan. Jan. Jan. 904* 1094* 90 109 1004* Jan. Jan. Jan. Jan. Jan. 895* 894* 99 Sale 984* Sale 89 1005 100 1004* 100 905*1 90 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 90 1004* 99 894* 1004* 1004* 904* Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale I 955* Jan. 12 97 1014* 105 1084* 1064* 100 1034* 103 4* 94 674* 1014*1--------------1054*11044* Jan. 1084* 1074* Jan. Sale 11054* Jan. 1005* 995* Jan. 107 1034* Jan. 104 103 5* Jan. 935* Jan. 674* 1014* 1001* 102 1004* Jan. 874* Jan. 874* 88 1014* Sale 108 1064* Sale 107 Sale 944* 106 1084* 1064* 101 103 4* 1035* 94 103 ___ 67 68 7 2 4 * ----100 ___ 8 5 4 * ___ 1015*___ 66 Jan. 734* Jan. 674* Jan. 75 Jan. 1015* Jan. 6 1014* Jan. 854* 984* "95 1005* Jan. Jan. Jan. Jan. 864* 994* 96 1004* Jan. Jan. Jan. Jan. 954* Jan. 924* Jan. 96 Jan. 924* Jan. 514* Jan. 174* Jan. 13 Jan. 54 Jan. 194* Jan. 144* Jan. 87 974* 974* 1004* 1004* 87 Jan. Jan. Jan. Jan. Jan. Jan. 964* 984* 9 6 5 * _____ 974* Jan. 954* Jan. 954* 964* 9 6 4 * -----874* Sale 864* Jan. 865* Sale 884* 984* 985* 1014* 1014* 89 Feb. 2 Oct. 1 104 Nov, 10 1094* July 26 1104* Feb. 17 Aug. 1084* Feb. 26 Nov, 1004* May 26 Jan. Feb. 8 107 Nov, 104 June 7 Oct. 934* Dec. 14 Feb. June 17 68 Feb. Sept, 1004* Dec. 22 89 June 4 Jan. 90 July 26 944* Dec. 31 994* Jan. 26 100 M ay 14 94 4* Jan. 1004* Jan. 954* 835* 864* 864* 87 Sale 995s Sale 954* 954* 101 1014* 964* 955* 96 96 954* 96 Sale 914* 94 83 102 984* 994* 54 545* Sale 52 53 54 184* 19 Sale Sale 134* Sale 100 101 100 88 Sale 884* 984* 975* 974* Sale 97 5* Sale Sale 1004* Sale Sale 1015* Sale 90 87 5* 88 1004* 105 1054* 101 96 1034* 1034* 914* 654* 984* 854* Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1004* Jan. 874* Jan. 934* Jan. 94 4* 95 95 1004* 100 Jan. 1004* 100 _____ 67 744* 1004* 87 1014* Jan. 1 1014* 604* 624* 100 834* 6 1004* 995* 925* 92 79 83 93 5* 904* 1004* Jan. Jan. Jan. Jan. Jan. Jan. 974* Jan. 964* Jan. 87 5* Jan. Jan. Feb. Feb. Mar Nov Mar July Mar Nov Jan. Jan. Aug. Jan. Jan. Dec. June M ay July Apr. Apr. M ay Apr. N ov. Feb. N ov. 12 86 2 984* Sept. 21 96 June 6 1015* M ay 13 103 5 67 231 764* 19 101 1 85 6 102 28 101 17 955* 15 92 8 804* 7 5 28 12 14 26 14 15 15 16 23 29 26 26 934* Jan. 6 994* Oct. 89 M ar. 8 93 Aug. 98 534* 53 174* 12 100 854* 9744 97 4* 1014* 1004* Nov. Dec. Dec. Nov. Nov. Nov. Feb. Sept. Oct. Dec. Dec. Aug. 4 984* 31 64 27 634* 6 23 9 164* 9 100 13 914* 29! 995* 18 994* 1 106 21 105 14, 974* Nov. Jan. Feb. Mar. Jan. Nov. Apr. Feb. Apr. July Nov. Sept. 16 4 2 5 14 9 20 19 23 6 17 10 M ar. 1 93 Mar. 1 93 93 Apr. 7 1014* Oct. 21 845* Jan. 11 88 Nov. 17 260,000 1014* Sale Sale 104.000 86 52.000 1025* Sale 1.520.000 964* Sale 102 865* 1024* 984* Sale Sale Sale Sale 101 85 4* 1025* 96 Jan. Jan. Jan. Jan. 1024* 87 1034* 994* Jan. Jan. Jan. Jan. 964* 80 4* 1014* 904* Mar. Jan. Nov. Mar. 4 103 4 864* 17 1044* 311 97 June July Jan. Dec. 21 17 28 9 994* Sale 100 1074* 1075* 77 4* 92 4* 1005* 98 4* 864* 82 100 5* 1005* 93 4* 1004* 100 91 1114* Sale Sale Sale Sale 994* 1064* 1064* 76 93 Jan. Jan. Jan. Jan. Jan. 101 1074* 1074* 794* 93 Jan. Jan. Jan. Jan. Jan. 89 4* 1014* 101 5* 65 88 Jan. Jan. Jan. Mar. Feb. llilOO 4 1074* 6 1074* 31| 77 2 93 May Nov. June Dec. June 12 19 23 18 3 Jan. 4 Jan. 4 Jan. 6 Jan. 6 Jan. 11 864* 82 1014* 1004* 93 4* Jan. Jan. Jan. Jan. Jan. 319.000 221.000 106 4* Sale 234,000 1064* Sale 1.474.000 764* Sale 1,000 93 1004* 944* 2,000 864* 874* 854* 10,000 1004* 1014* 1,000 100 5* 1004* 3.000 92 4* 954* 1.000 1004* 101 995* 100 3,000 904* 92 1105* 1134* 1,000 1024* 105 103 4* 2 1 ,000 80 814* 805* 18,000 1004* 1004* 1014* 103 6,000 102 1024* 52,000 I 144* 154* 864* 85 4* 82 1014* 1014* 100 4* 994* 94 93 1024* 100 92 1124* i l l 4* 794* Apr. 784* Sept. 1004* Dec. 1004* Dec. 90 Jan. 984* Oct. Jan. 1004* Jan. 28 994* Apr. 87 Jan. Jan“ 19 112 Jan. 14 1095* Mar. 1094* Oct. 1034* Jan. 1044* 1034* Jan. 1014* Jan. 81 Jan. 81 805* Jan. 774* Aug. Sale 1004* Jan. 1004* Jan. 1004* Oct. 103 4* 1025* Jan. 1025* Jan. 1004* July 164* Sale 14 Jan. 11 164* Jan. 31 29 904* M ay 22 June 4 10. 87 20 103 5* July 19 29 106 4* Apr. 22 934* Dec. 14 Apr. 7 101 1004* Jan. 29 985* July 1 1124* M ay 26 5 1094* Oct. 5 26 1034* N ov. 19 4i 815* Feb. 9 23 1015* Jan. 25 2 103 4* A u g .13 I 144* Dec. 24 224* June 23 Sales in Sales in Jan. 1927. Dec. 1926. Par Value. Par Value. BON DS N. 7 . STOCKS EXCHANGE. National R y o f Mexico (Concluded) Guar 70-year s f 4s__ _____ .1977 Assent warr receipt No 3 on Nat RR Mex prior lien g 444s. .1926 Assent cash warr rect N ov 3 on First cons gold 4 s ________ .1951 S A O J J J J A O A O Aisenting cash warr rect N o 3 on 19.54 M .1945 J 1945 J .1986 F N 0 4 N East ref 4 44s A ____ 1952 J New Orleans Term 1st 4s____ .1953 T N O Tex & Mex non cum inc 5s A ’35 A First 5s series B __________ .1954 A First 544 s series A ________ 1954 A 1946 J N Y & Bklyn & M B cons g 5s.1935 A N J J A J J O O O J O N Y Cent RR conv deb 0s__ .1935 M N MN Oonsol 4s series A . ______ 1998 F A Ref & impt 414 s series A __ .2013 A O Ref & impt 5s series O_____ .2013 A O A O N Y O & H R g mtge 344s__ .1997 J J .1997 J J Debenture gold 4s________ .1934 M N MN 30-year deb 4s o f 1912____ .1942 J J! J J .1998 F A Registered . ___________ 1998 F A Mich Cent c o llg 344s_____ 1998 F A .1998 F A N Y Chic & St Louis 1st g 4 s .. .1937 A O A O 25-year debenture 4s______ 1931 M N 2d "& impt 6s A B & O _____ .1931 M N Refunding 5Hs Series A __ .1974 A O Refunding 554 s Series B . 1975 N Y Connecting 1st gu 4 % s A .1953 F A 1st gtd 5s ser B t e m p . ____ 1953 K A .1947 M N -1923 M S .1930 A O -1928 J D -1947 M N N Y & Harlem g 354s________ 2000 M N .2000 M N -1973 M N 1st & ref guar 4 54s Ser B __ .1973 M N .1930 M S N Y & Jersey 1st 5s_________ 1932 F A .1941 M S -1939 A O N Y New Haven & H artford1947 M S M S Non-conv debenture 354s.. .1947 A O Non-conv deben 3 54s______ 1954 A o Non-conv debenture 4 s ___ .1955 J J Non-conv debenture 4s. __ 1956 M N Convertible debenture 354 s .1956 J J Convertible debenture 6s__ -1948 J J J J Collateral trust 6s_________ 1940 A O Debenture 4s. _ _________ 1957 M N Harlem R & Pt Ches 1st 4s-1954 M N 1927 A O N Y Ont & West 1st g 4s. June 1992 M S M S General 4s____I ___ _______ 1955 J D .1942 A O .1998 A O .1927 M S N Y Susq & West 1st ref g 5s. .1937 J J Second gold 454 s__________ 1937 F A General gold 5s___________ .1940 F A Terminal 1st gold 5s_______ .1943 M N N Y Westches & Bos 1st 454s. .1946 J J Nord Rys extl s f 654s.. __ .1950 A O Norfolk South 1st & ref 5s A . .1961 F A Norfolk & South 1st g 5s __ 1941 M N Norfolk & Western gen g 6 s .. 1931 M N 1934 F A 1932 A O Norf & West Ry 1st con g 4s 1996 A O Registered______________ .1996 A O Div 1st & gen g 4s______ 1944 J J 10-year convertible 6s__ 1929 M S Pocahontas O & C Joint 4s.1 9 4 1 J D North Cent gen & ref 5s A __ .1974 M S Northern Ohio 1st gu g 5s____ 1945 A O Northern Pacific prior lien 4s_ .1997 0 J Registered______ 1997 Q F Gen lien ry & Id gt 3s Jan 2047 0 F J J Ref & impt 454s Series A__ .2047 J J J J Ref & Impt 6s Series B ____ .2047 J J Registered______ _______ J J Ref & Impt 5s Series C ____ 2047 Q J Ref & impt 5s Series D ____ 2047 J J North Pac Terminal 1st 6s__ .1933 J J Northern Ry of Calif gu 5s__ .1938 A O .1930 J J Ogden & Lake Ch 1st gu g 4s. .1948 J J 1943 M S Ohio Connecting R v 1st 4s Q J Ohio River RR 1st g 5s____J. .1936 j D General gold 5s___ _______ .1937 A O Oregon & Calif ls t g u g 5 s ____ 1927 J J Oregon RR & Nav con g 4s__ .1946 J D Oregon Short Line 1st con g 5s .1946 .1 J Guaranteed con 5s________ 1946 •T J Guar refunding gold 4s___ 1929 J D Oregon-Wash 1st & ref 4s____ .1961 J J $ PRICES Jan . 3. Bid. I Ask. aid. 101,000 21,000 15 1644 22 9,000 1,000 21 2444 2044 3,000 1,000 4,000 1,000 32,000 26,000 12,000 182,000 86,000 5,000 1,000 7,000 37,000 23,000 178,000 76,000 3,000 4,000 81,000 24,000 144,000 306,000 712,000 1,000 205,000 9,000 100,000 As*. Sale 22 1144 78 98 87 85 9614 87 Vs 99 M 100 Vs 104% 96 100 % 1344 2444 2544 78 3X 9944 99 32 100 44 89 87% 89 86 85' 98 9654 9744 Sale Sale 88 10044 10044 10054 Sale 10054 Sale 105 10544 Sale 97 98 100 Sale 107% Sale 148,000 90 >4 Sale 107,000 97 % Sale 401,000 105 M Sale 40,000 IN 10744 108 9154 Sale 9944 Sale 107 Sale 80 % Sale 8054 Sale 8044 79 £6% 97 9654 Sale 40.000 102,000 1,000 5,000 9354 9544 9544 5,000 14,000 5,000 34,000 2,000 2,000 80 78% 16,000 95% 7944 8044 79 7844 79 8044 8044 Sale 7854 8044 9544 9554 7,000 20,000 92,000 307,000 182,000 49,000 3,000 4,000 2,000 1,000 1,000 52.000 10,000 2,000 74,000 48,000 138,000 101,000 212,000 5,000 123,000 207,000 78,000 155,666 121,000 10,000 44,000 1,000 11,000 12,000 418,000 983,000 102,000 3,000 2,000 21,000 20,000 2,000 9,000 5,000 68,000 192,000 10,000 278,000 5,000 53,000 378,000 45,000 126,000 3,000 2,000 79% 52,000 96 Vs 9644 95,000 1 0 2 % Sale 205,000 104% Sale 153,000 1 0 4 % Sale 36,000 96% Sale 104 18,000 103 91 3,000 98% 100 % 98 M 8,000 9 9 % 18,000 81% 8244 2,000 9654 10254 105 44 106 9744 103 44 91 9844 10044 9812 99 U 8154 Lowest. Highest. Sale Prices. Sale Prices. Highest. Sale Prices. 5,000 77% 3,000 72% Sale 11,000 70 22,000 77 78 34,000 77% Sale Sale 63,000 70 247,000 105% 106 3,000 406,000 103% Sale 84,000 69% Sale 3,000 88% 8944 99% 132,000 77 Sale 3,000 170,000 73 Sale 3,000 88 % 5,000 89 1,000 99 % 20,000 87' 8944 8,000 70% 73 44 Sale 94,000 72 98 208,000 78% Sale 571,000 93 Sale 402,000 91% Sale 56,000 99% 10044 3,000 105% 106 2,000 108IX 110 4,000 107 63,000 93 % Sale 77,000 92 % 93 54 22,000 159% 10,000 93% 93 44 5,000 105% 105% 23,000 94% 9444 149,000 91% Sale 32,000 148,000 65% Sale 66 % 2,000 Sale 96,000 96 Q1 M 218,000 11314 Sale 23 2254 Dec. 31 3544 June 21 Jan. 14 23 Jan. 14 1344 Jan. 22 14 Jan. 26 9944 Jan. 26 9944 Jan. 26 9644 8744 100 10044 10454 8544 Jan. 12 9744 Jan. 3 88 Jan. 6 10054 Jan. 3 10054 Jan. 5 10544 10054 Jan. 8 101 Jan. Jan. Jan. Jan. Jan. Jan. 13 22 31 31 12 7 Jan. 25 10644 Jan. 31 108 Jan. 10634 Jan. 90 Jan. 4 92 Jan. 97J4 Jan. 3 9954 Jan. 10544 Jan. 3 10754 Jan. 10544 Jan. 12 10534 Jan. 8044 Jan. 3 8154 Jan. 7944 Jan. 9644 Jan. 12 9754 Jan. 4 28 22 20 20 12 13 4 25 7944 Jan. 11 7854 Jan. 4 7854 Jan. 7944 Jan. 15 8052 Jan. 65 964s 10244 10444 10444 96% 10354 4 8 Jan. 17 96 Jan. 5 Jan. 7 Jan. 7 Jan. 3 Jan. 3 Jan. 3 Jan. 10 Jan. Jan. Jan. Jan. Jan. Jan. 18 13 27 24 13 6 96 54 103 10644 10644 9744 10444 9844 Jan. 17 10044 Jan. 25 1005s Jan. 25 Sale 9944 Jan. 31 9944 Jan. 31 82 44 8154 Jan. 28 8154 Jan. 28 Jan. 10 74 Jan. 10 81 7444 71 Sale 80 Sale Sale 104 34 73 88 44 99 72 7854 Sale 10344 Jan. 5 10544 Jan. 20 Sale 6944 Jan. 3 74 Jan. 25 8954 8944 Jan. 15 8954 Jan. 17 Sale 7644 Jan. 7 7944 Jan. 19 74 44 88 54 89% ion 90% 705s 7254 99 8154 9744 92 9154 106 10844 107 93 54 Sale 73 3 74 54 Jan. 18 6744 9744 21 June 21 1854 Julv 20 1854 July 20 1 2 % Dec. 18 2054 June 30 ______ _____ 95 W Mar. 26 10054 July 22 9744 Dec. 3 8454 Sept. 17 85 44 Apr. 27 9254 Jan. 4 9754 June 14 84 Jan. 5 8844 Oct. 29 9644 Jan. 7 10054 Apr. 17 96 Jan. 4 10054 Apr. 17 10254 Jan. 6 10544 Apr. 12 Qd IX .Tan. 15 97 Oct. 21 9954 Apr. 22^02 Apr. 30 10454 Apr. 16'l09 Aug. 2 106 44 Jan. 28 8554 Jan. 4 9054 Dec. 17 9244 Jan. 7 9844 Nov. 18 10144 Mar. 3 106 N ov. 12 in.3W Anr. 10 10354 Aug. 18 Dec. 17 7644 Jan. 2 82 7654 Jan. 19 8054 M ay 8 9444 Jan. 4 9654 Nov. 20 9444 Jan. 19 9454 Sept. 10 9244 Sept. 24' 97 Apr. 26 94 Nov. 3 9454 Nov. 3 75% Jan. 13 8044 N ov. 30 76 Mar. 12 7844 Dec. 13 78 Mar. 5 84 May 24 77 Feb. 25 80 Apr. 23 9254 Mar. 10 9644 Dec. 22 92 Feb. 9 93% M ay 6 9344 Feb. 4 1 9754 Feb. 15 10244 Aug. 30 105 Jan. 21 9844 Jan. 2 10554 Dec. 20 9844 Mar. 3 10554 Nov. 18 92 Feb. 5 97 Dec. 22 10044 Mar. 31 105 Dec. 17 8944 Feb. 3 9154 Oct. 22 9844 Dec. 31 100V4 Jan. 15 10054 Mar. 8 98 54 Mar. 29 99 M ay 7 94 Jan. 25 101 Dec. 14 7944 Apr. 14 8144 Dec. 17 80 Dec. 17 72% 6954 76 7744 69% 10544 Jan. 6 725^ Jan. 6 Jan. 12 7144 Jan. 29 Jan. 31 7954 Jan. 13 Jan. 4 80 44 Jan. 26 Jan. 6 7144 Jan. 31 Jan. 4 109 Jan. 17 Jan. 9044 87 44 Jan. 7 91 44 Jan. Sale 73 Jan. 24 75 Jan. 79 7454 7144 Jan. 12 7344 Jan. 9944 Jan. 7844 Jan. 4 8344 Jan. Sale 93 44 Jan. 3 97% Jan. Sale Sale 9044 Jan. 18 92 Jan. 92 10144 Jan. 20 10144 Jan. 106 Jan. 4 106 Jan. 93 54 93 Jan. 26 26 27 28 19 31 3 21 4 7 93 44 Jan. 28 9344 93 44 Jan. 15 9354 Jan. 25 158 Jan. 25 158 Jan. 25 9544 93 44 Jan. 4 96 Jan. 28 10744 10554 Jan. 5 10554 Jan. 5 9644 9444 Jan. 5 96 Jan .25 Sale 9144 Jan. 6 92% Jan. 29 90'54 Jan. 4 Sale 6554 Jan. 3 6754 Jan. 22 65H Jan. 13 9744 96 Jan. 3 97% Jan. 25 Jan. 15 102 Apr. 29 Dec. 1 i106 44 M ay 22 Jan. 2 10144 Jan. 21 9054 Oct. 5 June 11 9154 Oct. 5 7044 Jan. 4 78 76 704.. 77% 78 74 10554 10344 9644 Jan. 4 10344 58 Apr. 1 7044 8454 Jan. 16 8954 9944 N ov. 30 10054 67 54 Mar. 31 7744 7244 Dec. 15 7244 6244 Apr. 3 7354 8644 Dec. 13 8844 8644 Mar. 25 8954 9954 N ov. 29 10054 7754 Mar. 3 8944 64 Jan. 29 7344 63 Jan. 2 7444 9754 Apr. 20 99 6954 Jan. 2 7954 77 44 Apr. 16 93 7754 Jan. 12 9244 98 Jan. 13 101 10544 N ov. 18 108 10844 Oct. 21 110 10644 Oct. 25 10754 9044 Jan. 14 93 54 89 Feb. 25 9244 9044 Jan. 4 9444 138 Mar. 30 167 91 Mar. 5 9444 10054 Mar. 27 10544 88 Jan. 4 9744 8644 Jan. 4 9144 86 Feb. 8 9044 6154 Jan. 2 6644 6544 87 Jan. 5 9654 6244 6154 6654 6754 61 9754 Jan. Jan. Aug. Mar. Mar. Jan. 113 Jan. 3 114 Jan. 7 10844 Jan. 4 11044 Mar. 6 10554 10344 Jan. 6 10654 Jan. 19 98 44 Jan. 9 105 10344 Jan. 4 10654 Jan. 24 9844 Jan. 12 10954 Jan. 27 10954 Jan. 27 10954 Feb. 17 10554 Jan. 6 10144 Jan. 8 10244 Sept. 9 105 86 81 54 Jan. 4 83 44 Jan. 19 73 Jan. 21 Pacific Coast Co 1st g 5s_____ 1946 J D 10,000 Pacific RR of M o 1st ext 4 s .. .1938 F A 64,000 2d extended gold 5s_______ .1938 .1 .1 1,000 Paducah & Illinois ls t s f4 5 4 s . .1955 J J 2,000 Paris-Lyons-Med R R 6s_____ 1958 F A 1,698,000 Sink fund extl 7s _________ 1958 M S 737,000 Paris-Orleans R R s f 7s______ 1954 M t> 408,000 Paulista Ry 1st & ref 7s_____ 1942 M S 55,000 Penn RR consol gold 4s______ .1943 M N 8,000 Oonsol gold 4s____________ 1948 M N 10,000 Stamped dollar bonds__ .1948 M N 13,000 Consol 4 Ms issue o f 1915.- .1960 F A 86,000 General 4% s Series A ______ .1965 J D 293,000 General 5s Series B ________ .1968 J D 104,000 10-year secured 7s________ .1930 A O 182,000 15-year secured 6>£s______ .1936 F A 93,000 F A 40-year 5 s ._______________ .1964 M N 449,666 4,000 9144 33,000 93 54 11,000 102 4s 1,000 9744 973,000 8744 905,000 9634 352,000 9544 44,000 10244 9554 35,000 9554 4,000 95 46,000 10154 386,000 9954 101,000 107% 262,000 10654 164,000 11254 111 44 207.0001102 44 93 93 44 10244 98 Sale Sale Sale Sale 9044 94 102 9844 9454 101 10044 102 96 Sale 95 95 44 9444 10244 10244 Sale 9944 Sale 109 Sale 10644 Sale 112 10054 Sale Sale 107 44 Sale Sale 10014 10054 100 Jan. 3 10044 Jan. 10 100 92 44 Jan. 28 93 Jan. 18 8944 107 Jan. 27 10744 Jan. 10 104% 10754 Jan. 13 107% Jan. 17 10544 9854 Jan. 3 99 Jan. 31 96% 8644 Jan. 3 8944 Jan. 14 8354 102 Jan. 30 11 15 15 17 3 10 16 14 27 12 17 15 31 12 15 1 23 20 19 1 8 31 24 13 29 26 1 23 19 2 26 5 2 19 17 14 18 30 17 11444 11044 104 10344 11044 105 44 103 44 82 Apr. Mar. June June Oct. Apr. June M ay 26 6 7 5 13 17 15 26 18 30 20 3 2 3 4 2 10254 10244 10144 9244 108 108 98% 88 June M ay Jan. Apr. Aug. Sept. July M ay 16 20 19 30 24 18 15 28 9154 Mar. 17 96 Jan. 14 9144 Apr. 9 9454 N ov. 19 100 Feb. 6 10254 Dec. 1 9644 Mar. 23 9844 M ay 10 7344 Mar. 30 8744 Dec. 31 82 Apr. 17 9654 Dec. 31 82 Apr. 16 9544 Dec. 31 10054 M ay 4 10344 Oct. 18 94 Feb. 16 9554 Nov. 17 91 44 Jan. 8 9954 Mar. 4 9144 Jan. 11 98 44 Aug. 24 9844 Jan. 2 10254 Dec. 31 94 44 Jan. 2 100 Nov. 29 10254 Jan. 2 108 Dec. 2i 10644 N ov. 3 10854 Jan. 2 11154 Jan. 5 11344 Apr. 30 11144 Oct. 23 112 44 M ay 10 3 10354 Jan. 29 9854 Jan. 2 10254 Apr. 23 9244 9244 Jan. 13 93 Jan. 9354 Jan. 5 9454 Jan. 102 44 Jan. 99% 98 Jan. 7 98 Jan. Sale 8744 Jan. 3 95 Jan. Sale 9644 Jan. 3 101 Jan. Sale 9544 Jan. 3 10144 Jan. 10254 102 Jan. 11 10244 Jan. 9644 Jan. 9554 9444 Jan. 11 96 Jan. 9544 94J4 Jan. 18 9544 Jan. 10244 102 Jan. 7 10244 Jan. Sale 9944 Jan. 3 101 Jan. Sale 106 44 Jan. 3 10954 Jan. Sale 10654 Jan. 31 10754 Jan. Sale 11154 Jan. 26 11254 Jan. 10354 Sale Feb. Oct. Oct. Mar. Jan. Feb. Jan. Jan. Dec. 11 June Sept. Dec. Dec. Aug. Dec. Dec. Dec. Dec. Sept. June Dec. Dec. Dec. Nov. Dec. Apr. June Dec. Feb. Feb. Dec. Dec. Dec. July Sept. Apr. June July Apr. Aug. Oct. N ov. Dec. M ay Dec. Dec. N ov. Nov. Dec. 15 6 18 30 26 4 11354 Sale 2,000 29,000 28,000 6,000 8,000 136,000 179,000 Safe 74 7844 95 10544 9554 9244 June 21 15 72 70 44 7954 79% 7144 108% 9344 Dec. 16 27 18% Jan. 25 22 44 Jan. 27 9554 9444 Jan. 13 9654 Jan. 21 Sale Sale Sale Sale Sale 104 Lowest. Sale Prices. 1 12,000 10114 10244 10244 Jan. 28 10244 Jan. 28 9954 10fi 106 5,000 106 7,000 100% 10054 10054 10154 10054 Jan. 4 10144 Jan. 27 10054 92 1,000 90 90 88 90 90 103 44 104 54 Sale 10454 110 10954 105 44 102 44 8254 8244 92 % 92% 102 44 102 10244 10244 Sale 100 44 9244 10744 107 44 10844 10754 Sale 9854 Sale 8854 30,000 1 !RANGE FOR YEAR 1926. JANUARY. Jan 31. 52,000 103 33,000 103% 36,000 109% 10254 10254 52,000 8154 92 34 92% 102 10,000 10144 27,000 100 23,000 92 44 20,000 10744 19,000 107 44 500,000 9844 123,000 8744 17 BONDS—STOCK EXCHANGE RECORD F eb ., 1927.] 17 11 5 7 29 29 29 3 28 15 25 14 11 24 26 3 18 BONDS- STOCK EXCHANGE RECORD Sales in Jan. 1927. Par Value. BONDS S . Y. STOCK EXCHANGE. 'Pennsylvania Co— Guar 3)4s coll tr reg ctfs 1937 M S Guar 334s col! tr ctfs B _____1941 F A Guar g 3 34s tr ctfs Series C —1942 J D 106,000 Guar g 3 34s tr ctfs Series D — 1994 J D 28,000 Guar gold 15-25-year 4s------1931 A O 25.000 40-year guar tr ctfs 4s Ser E.1952 M N 103.000 Peoria & East 1st cons 4s_____ 1940 A O Income 4s__________________ 1990 Anr 119.000 32.000 Peoria & Pekin Un 1st 53£s A_ .1974 F A ‘Pere Marq 1st 5s Series A _____1956 J J 109.000 82.000 1st 4s Series B ______________ 1956 J J 3.000 Phila Balt & Wash 1st g 4s____1943 M N General 5s Series B __________1974 F A 9.000 27,000 Philippine Ry 1st 30-yr s f 4s__ 1937 J J Pine Creek registered gu 6s------1932 6 , 000 ' P U O & St L gu g 4 34s Series A . 1940 Con 434 s Series B guar_____ 1942 Con 434 s Series C guar___— 1942 M N 5,000 Con 4s Series D guar________1945 M N Con 334 s Series E guar g----- 1949 F A Con 4s Series P guar g ______ 1953 J D Con 4s Series G guar_______ 1957 M N 1 ,000 ; Con 4s Series H guar_______ 1960 F A 1,000 Con 4 34s Series I guar______ 1963 F A 10 , 000 : Con 434 s Series J guar______1964 M N 151,000, Gen 5s series A _____________ 1970 J D Registered----------------------------- J D 313,000 General g 5s ser B ___________1975 A O 1,000 Pitts & Lake Erie 2d 5s— Jan 1928 A O Pitts M cK & Yough 1st gu 6 s - .1932 3,000 2d guar 6s_________________ 1934 9,000 PStts Shen & L E 1st g 5s------- 1940 First consol gold 6s________ 1943 Pitts Va & Char 1st guar 4s---- 1943 M N Pitts Y & Ash 1st con 5s______ 1927 M N 1st gen 4s series A ___________1948 J D 6.000 1st gen 5s series B ___________1962 4,000 Providence Securities deb 4s— 1957 Providence Terminal 1st 4s____ 1956 3,000 Reading Co gen gold 4s_______ 1997 Registered__________________1997 38.000 Jersey Central coll g 4s_____ 1951 79.000 Gen & ref 414s--------------------1997 Rensselaer & Saratoga 6s______ 1941 M N 2,000 Richm & Danv deb 5s stamped. 1927 A O 1,000 Richm & Mecklenburg 1st 4s— 1948 M N Richmond Terminal Ry 1st 5s_ 1952 J J 9,000 Rio Grande June 1st gu g 5s— 1939 Rio Grande Southern 1st g 4s. .1940 Guaranteed (Jan 1922 coup on )'40 102,000 Bio Grande Western 1st g 4s — 1939 62,000 1st con & coll trust 4s series A 1949 A O 116,000 S ock Isl’d Ark & Loui 1st 4 348-1934 M 8 12,000 Rutland-Oanada 1st gu g 4s— 1949 18,000 Rutland 1st cons g 4 4 4 8 ..-------1941 20,000 Jos & Grand Island 1st g 4S..1947 gJt Lawr & Adirondack 1st g 5s. 1996 2d gold 6s__________________ 1996 9,000 St Louis & Cairo gu g 4s---------1931 8t Louis Iron M tn & South— 62,000 Gen con ry & land grant 5s—1931 240,000 TJnif & ref gold 4s __ -----------1929 Registered 180,000 River & Gulf Div 1st g 4s----1933 HI N 9,000 St Louis Mer Bdge Ter gu g 5s.l930jA O St Lo'uis-San Fran Ry— I „ Prior lien 4s series A ________ 1950 J J 2,195,000 Registered____________________ J 2 282,000 Prior lien 5s series B _________ 1950 J J 153.000 Prior lien 8s series O _________ 1928' J J 228.000 Prior lien 5 34s series D ---------- 1942 J J 800,000 Cum adj 6s series A ___ July 1955 A O Income 6s series A _____July 1960 Oct 3,452,000 6,000 St L & San Fran Ry gen g 6 s ..1931 J J 7.000 General gold 5s_____________1931 J 3 3.000 8t Louis Peoria & N W 1st gu 5sl948 J J 9.000 8t Louis Southern 1st gu g 4s. .1931 M S 43.000 3t Louis Southwest 1st g 4s------1989 M N 15.000 2d gold 4s income bond.N ov 1989jJ J 243.000 Consol gold 4s--------------------- 1932 J D 167.000 1st terminal & unif 5s-----------1952: J J 323.000 St Paul & K C Sh L 1st 434s- — 1943 ,F A St Paul & Duluth 1st 5s--------- 1931 jF A 15.000 1st consol gold 4s--------------- 1968 J D 1,000 St Paul E Grand Trunk 434s-_1947|J J 6,000 8t Paul Minn & Man cons 4s--1933;J J 1st consol gold 6s__________ 1933,J Registered------------------------------ |J 6s reduced to gold 4 34s--------1933^ Registered___________________ |J Montana Ext 1st gold 4s------1937; J Registered-------------— |J Pacific Ext sterling gu 4s 1940 J St Paul Union Depot 1st 5s 1973 J J J T J D D J J B id . A sk. 2,000 2,000 120,000 12,000 16,000 63.000 5.000 162,000 28.000 15.000 1 ,000 24.000 1.000 5,000 2,000 5,000 145",666 PRICES I N Jan. 3. Bid. 85 85J-2 84 Us 84 % 97 A 85 U 85 % 42 10354 103 54 893-2 95 54 110)4 42 10654 99 A 99 A 99 A 95)4 953-3 96 95'A 95 A 99 A 99 A 10654 Sale 8554 Sale 42 % 10354 Sale Sale 110 A 43 107 A Sale Sale Sale 8,000 2,000 20,000 20,000 118,000 45.000 149.000 5.000 3.000 22.000 " 2,000 11,000 100 80 1035-3 10153 12 9253 Sale Sale 8253 Sale 893 96) 24,000 100)3 Sale 131.000 9753 Sale 189.000 7,000 9333 Sale 9953 10033 972.000 8433 Sale 258.000 9953 Sale 73.000 10133 Sale 74.000 10253 Sale 502.000 9953 Sale 1,479,000 9553 Sale 7.000 105 Sale 2.000 10053 10133 10353 105 96 97 28,000 8653 S ale 23.000 8033 82 31.000 94 53 Sale 70.000 96 A Sale 166,000 9253 9333 10133 5.000 91 "9233 94 98 '7~6oo 97 98 32.000 _i “,666 9553 96 5,000 9053 -----32,000 10553 Sale 48,000 8853 3,000 102 108)3 10253 1,000 9053 13.000 7953 18.000 8053 438.000 8333 225.000 7233 855.000 9733 361.000 9133 528.000 97 100 104 9233 803-3 Sale Sale 73 Sale Sale Sale 10033 10153 98.000 101 103 33 "4 “,oo6 11033 111 99.000 8853 Sale 197,000 9853 Sale 7.000 10133 Sale 3.000 10033 101 )3 72,000, 9033 Sale 2.000 10433 ------9 4 ) 3 ____ 286,000 9353 Sale 193,000 10653 Sale 466.000 204.000 11333 8,000 11953 19,000 106 33 8953 27,000 10133 5,000 92 8433 8233 9233 9953 4.000 9853 1.000 10233 7,000 88 350,000 103 53 Sale Sale Sale Sale Sale 103 94 9853 103 33 Sale Sale H ig h e st. S a le P r i c e s . S a le P r ic e s . 9733 8833 8533 4133 104 10353 89 9553 11033 42 Jan. 18 8633 Jan. 21 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 98 8853 87 43)3 10453 105 90 96)3 111 43 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 31 6 22 22 20 18 20 4 31 26 102 Sale 96 Jan. 25 96 Jan. 25 97 Jan. 19 97 Jan. 19 9953 Jan. 100 Jan. 10633 Jan. 9953 Jan. 11 100 Jan. 17 110 Jan. 19 10633 Jan. 9933 Jan. 10533 Jan. UO Jan. 19 9953 Jan. 10 105)3 Jan. 18 101 53 Jan. 14 102 9253 92 Sale 98 100 83 100 80 , H ig h e st. S a le P r i c e s , i S a le P r i c e * Jan. 27 100 Jan. 21 100 Jan. 18 80 9733 93)4 92)4 92 53 93 9733 9533 96 inn 10? ''9 A 100 106 9953 91 102 33 62 33 8453 Jan. 27 9534 9253 Jan. 10033 Jan. Jan. Jan. 83 84 82 9633 8633 7953 35 10033 10133 8553 93 53 10633 mu 10633 Sept. 11 Sept. 11! 87 Jan. 271 87 N ov. 22 June 14 8433 June 14 N ov. 22 Mar. 16 85 Jan. 5 9753 Aug. 17 Jan. 6 89 33 Aug. 3 Jan. 5 87 33 Apr. 16 Mar. 3' 4253 Dec. 24 M ay 22 Jan. 25 104 Jan. 4110433 June 17 Jan. 5 8933 Dec. 21 Sept. 3! 95)3 N ov. 4 Jan. 7111133 M ay 17 Jan. 221 45 June 14 Dec. 6 10633 Dec. 6 J<ui. 26:10033 M ay 27 Tan 61 9933 N o v .26 Dec. 4 Nov. 6 100 M ay Sept. 28 98 Jan. 30 9533 N ov. 8 Feb. 4 97 53 Dec. 10 Feb. 4 9733 N ov. 9 Sept. 15 9733 N ov. 9 Jaa. 5 9833 Dec. 3 Jan. 8 98 33 Sept. 16 .Tan. 7 108 N ov. 12 Oct. 8 Oct. 8 102 ___________ Jan, N ov. 12 61108 May 6 Nov. 6 101 Oct. 22 Oct. 22 106 4 10053 June 17,103 33 Mar. 27 10153 Nov. 10 102 Dec. 10 105)3 Jan. 73 Jan. 10453 Jan. 72 Jan. 100 Jan. 1926. L o w e st. 87 10233 9953 Jan. 10 101 33 Jan. 18 92 99)3 11033 99" 7953 10233 10053 733 733 91" ' 8533 9553 8333 92 8833 99 A 10535 Sale 3.000 10753 108 41.000 "87" Sale Sale Sale 90 31,000 137,000 12,000 10033 Sale 6,000 Sale RANGE FOR YEAR L o w e st. 87 8633 85 10833 Sale 100 10033 10533 _____ 10333 _____ 10253 10333 100*3_____ 921-3------10033_____ 92 3 3 ------10533 _____ 73 Sale 84 _____ 100 A _____ 19,000 2,000 86 85)4 84 54 98 883-3 86 42 A 1045-3 105 89 A 95 M noA 43 10654 1003-3 100)4 10033 9533 9553 9533 9533 9553 10033 10033 10833 Ask. 374,000 106 54 Sale _____100 A 10554 107 )4 103 5 4 _____ 101 A ------3.000 100 % _____ 92 _____ 3.666 1 0 0 )4 _____ 2.000 93 _____ 2,000 1045-3 105 1,000 653-3 73 8 3 5 4 ------2,000 100 _____ 9933 98 10933 99 33 7933 102 10033 7 7 91 33 8453 9453 82 91)3 8733 9753 10553 9633 JANUARY. Jan. 31. Ask. Bid. 10.000 169,000 dan Ant & Aran Pass 1st gu 4s. 1943 J J Santa Fe Prese & Phenix 1st 5s_1942 M S 3,000 8av Fla & West 1st g 6 s --------- 1934 A O let g 5s____________________ 1934 A O 15,0001 Scio Vail & N E 1st gu g 4s------1989 M N 9,0001 Seaboard Air Line g 4s-------------1950 A O 143.000 8tamped___________________ 1950 A O Adjustment 5s-------------- Oct 1949 F A 1.488.000 Refunding g 4s-------------------1959 A O 1.803.000 1st & cons 6s series A ---------- 1945 M S 1.522.000 47,000 Atlan-Birm Div 4s------May 1933 M S 644.000 Seaboard-All Fla 1st 5s A . — 1935 F A 3.000 Seaboard & Roanoke 1st 5s extd 1931 J J 1.000 So Caro & Ga 1st ext 534s------- 1929 M N 5,000 South & Nor Ala gu 5s------------- 1936 F A Gen cons gu 50-y©ar 5s__ - 1963 A O Southern Pacific Co— 118,000 4s g Central Pac coll------A ug 1949 J D 8,000' Registered--------------------- J D 336,000; Convertible 4s_______ June 1929 M S 2 0 ,0 0 0 , Convertible 5s--------------------19 >4 J D 158,000 20-year gold 5 s .------------------19 U M N 38,000 San Francisco Term 1st 4s. —1950 A O A O Registered------------------------1950 So Pac of Calif 1st cons 5s--------1937 M N 5.000 South Pac Coast gu 4s-------------1937 J J 223.000 South Pac RR 1st ref gu 4s------195o J J 373.000 Southern Ry 1st cons 5s--------- 1994 J J 6.000 Registered--------------------------- 1994 J .1 651 ,000 Devel & gen 4s series A -------- 195b A O 190.000 Devel & gen 6s------- -----1956 A O 469.000 Devel & gen 6V4s series A . —19o6 A O 7,000 Memphis Div 1st g 5s----------1996 J J 23,000 J J St Louis Div 1st g 4s----------- 1951 East Tenn reorg lien g 5s— 1938 M S 7.000 Mobile & Ohio coll tr 4s------1938 M S 7.000 Spokane Internat 1st g 5s-------- 1955 J J Staten Island Ry 1st 434s-------- 1943 J D 1,000 Sunbury & Lewis 1st g 4s—------1936 J J Superior S L 1st 5s-------- June 1930 M S 2,000 Term Assn o f St L 1st g 434s---- 1959 A O 3,000 First cons g 5s--------------------- 1944 F A 41,000 Gen ref s f gold 4s---------------- 19o3 J J 245.000 Texarkana & F S Ry 5 34s ser A1950 F A Sales in Dec. 1626. Par Value. [ V o l . 124. Mar. Jan. Jan. Apr. Aug. Jan. 90 Jan. 94 33 Jan. 30 28 5 16 14 2 100 33 93 105 69 N ov. 24 Dec. 16 N o v .19 Dec. 20 8 4 5 3 A u „ . 14 10033 Dec. 16 8 95 June 29 2 9853 June 11 Jan. 21 Jan. 18 9953 Mar. 12 10033 Aug. 15 May 28 78 July 19 80 10033 Aug. 11 10253 Auh. 17 101 53 10053 Jan. 18 10054 Jan. 13 9533 Jan. 16 101 V3 July 13 9 7 33 Dec. 24 533 Sept. 31 12 92 9153 Jan. 26 93 Jan. 13 86 A Jan. r 92)4 A u„. 31 Sale June 14 8433 Jan. 3 855s Jan. 28 74 A Jan. 4 85 Sale 9453 Jan. 3 98 Jan. 14 89 Jan. 4 9554 Dec. 18 Jan. 18 75 % Jan. 4 83*4 May 21 8353 8233 Jan. 20 83 .Tune 26 91 33 Jan. 5 92)4 Jan. 271 87 Jan. P 92 Sale Jan. 28 78 U Jan. ( 89 A Dec. 22 87Vs Jan. 26 89 97 A Apr. 27 99 A M ay 22 f i 105 Nov. 15 105 A Dec. 17 — 9633 Jan. 8 97 A Jan. 271 95 Aug. 17 96)4 Jan. 25 Sale 10033 Jan. 3 10054 Jan. 10 100 Aug. 17 101 Apr. 23 98 3-3 9853 9753 Jan. 3 9854 Jan. 26 9554 Jan. 2 97 54 M ay 11 Apr. 22 9353 9333 Jan. 3 9356 Jan. 20 89 Jan. 6 94 Jan. 19 9954 M ay 17 100)4 100 Jan. 14 101 101 Sale 8433 Jan. 3 86A Jan. 17 7754 Jan. 4 85 N ov. 18 June 12 80 Apr. 9 84 101) Sale 99 A Jan. 3 10154 Jan. 31 93 Jan. 4 10054 Dec. 31 Jan. 2 10153 Sale 101 33 Jan. 3 10154 Jan. 5 101)4 Dec. 29 103 10233 Sale 10233 Jan. 3 10254 Jan. J1 99 A Jau. 8 103)4 Apr. 9 99 Jan. 3 100)4 Jan. 12 92)4 M ar. 4 99 A N o v . 26 9933 Sale 95 33 Jan. 3 99)4 Jan. 19 84 54 Mar. 31 96 A Dec. 10 9733 Sale 105 A 106 105 Jan. 3 105 A Jan. 21 101 Mar. 19 106 A. S e p t. 2 8 100)3 Jan. 12 100A Jan. 2.) 100 A Feb. 16 101)4 Apr. 27 10053 101 103)' 107 105 Jan. 5 105)4 Jan. 5 102'4 Jan. t) 104 June 16 96 97 97 A Jan. 17 97 A Jan. 17 94 33 Apr. 9753 May 28 Jan. 3 88 A Jan. 18 84 33 Jan. M ay 13 86)3 8753 88 Jan. 24 75 Jan. Sale 83 81 Jan. 6 83 M ay 12 82 9433 Jan. 3 9654 Jan. 17 91 53 Jan. Apr. 22 9453 Sale 95 Jan. 29 89A Jan. 99 Sale 95 Jan. 4 99 9733 N ov. 22 9353 Sale 92J3 Jan. 4 9354 Jan. 13 86 Jan. 93 53 Dec. 14 1015 10133 S e p t. 21 101 33 Sept. 92 92 Jan. 19 92 Jan. 19 87 Feb. 91 S e p t. 16 Jan. 24 90 33 Jan. 95 Jan. 24 98 9533 92 53 Oct. 15 9833 Jan. 20 98A Jan. 20 9553 Sept. 9753 — Dec. 24 98 108)3 106 100) Sale 9853 96 9433 91 106 89)3 102 10853 ' 0253 92)4 8153 8153 8833 76 33 98 A 92)3 9753 100 101 104 110)3 Sale — 107)3 Jan. 21 108 10033 Jan. 9533 9533 91 10533 Jan. 17 98 Jan. 12 95 A Jan. 12 92 Jan. 3 106 8853 Jan. Jan. 3 91 Jan. Jan. Jan. Jan. Jan. 10253 Jan. 18 10254 Jan. 91 8133 8133 8333 73 9733 9133 9653 10033 1015s 101 33 103)3 11033 93 Sale Sale Sale Sale Sale Sale Sale 4 10753 Sept. 107 Mar. 99 July 9733 Aug. 12 93 Mar. 12 92 33 M ay 17 8933 Sept. 13 10153 Jan. 17 84 Jau. 100 33 Jan. 18 108 S ep t. 10253 Oct. 19 87 5s Jan. 28 78 33 Mar. 15 7833 Mar. 26 76 Mar. 71 69 33 Mar. ] 5 91 Mar. 10 8833 Jan. 13 92 33 Mar. 26 99 53 June 10 01 Aug. 18 102)3 Sept. 10553 Jan. 3 10054 Jan. 18 Jan. 5 92)4 Jan. X 82 Jan. X 83)4 Jan. 3 88A Jan. 4 7654 Jan. 3 9954 Jan. 3 9254 Jan. 3 9854 Jan. 26 10054 Jan. 10 101 A Jan. 18 1035s Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 30 26 28 30 31 5 2 8 88 A 8853 8853 Jan. 28 89)4 Jan. 84) 87 Sale 99 .01). Sale 100)3 91 86 98/ij 101 101 9033 10433 9533 Sale 94 Sale 113 5 90 10153 9253 85 8233 9253 9953 95)3 9353 106)3 10353 Sale 86 Sale 11353 Sale 11933 10633 9053 8953 Jan. Jan. Jan. Jan. Jan. 4 7 4 3 3 86 99A 102 101 A 9154 Jan. 25 95 A Jan. 4 94A Jan. 3 107 A Jan. 5 104 Jan. 3 87)4 Jan. 4 11554 Jan. 3 122 Jan. 4 10654 Jan. 3 92 92 Jan. 6 92A 8553 8433 Jan. 18 8554 7 85 33 Mar. Jan. 4 8433 Nov. Jan. 21 i 965s Jan. Jan. 18 100 Jan. Jan. 99 53 Mar. Jan. 2 5 ! 87 Jan. 85 Jan. 1 10053 Sept. Jan. 5 94 33 Jan. Jan. 19 90 Jan. Jan. 17 104 Jan. Jan. 5 10153 Mar. Jan. 7 8133 Jan. Jan. 31 1 107 33 Jan. Jan. 17' 112 Jan. Jan. 15 10153 Jan. Jan. 18 86 Apr. . . 99 A Jan Jan. 29 87 A Jan. Jan. 25 81 Feb. 10953 108 100 34 99 9553 9433 90 53 10653 M ay Aug. N ov. Apr. Jan. N ov. Dec. Dec. 7 30 30 23 9 10 20 28 8953 10253 110 10253 9053 82 82 8753 76 97 33 94 9853 10033 102 104 33 111 Dec. Apr. Jan. Oct. Dec. Feb. Jan. Jan. July Dec. M ay Feb. Aug. M ay M ay Dec. 27 9 23 14 3 3 23 2 10 24 8 11 16 21 22 28 M ay 17 May 6 Dec. 23 Mar. 23 Feb. 5 May 21 Sept. 28 May 21 Nov. 29 Nov. 8 June 22 June 17 Dec. 10 Dec. 21 N ov. 22 Dec. 1 Sept. 21 91 101 Sept 29 June 11 93 87 53 June 3 9053 85 33 9953 102 53 10153 91 86 10453 9533 9853 108 10633 87 53 114 11953 10653 9233 Jan. 11 92 A Jan. 11 9853 9853 10251 89 8753 Sale 103 53 Jan. 5 9854 Jan. 28 102 54 Jan. 14 88 A Jan. 3105 Jan. 5 Jan. 28 Jan. 24 Jan. 13 9 9 V3 A p r . 16 100'-3 S e p t. 15 9533 May 4 9933 Nov 106 Mar 88 yA Nov. 105 Nov. 101 M ar 2 81*4 Ia n , 4 101 53 S ep t. 22 23 5 11 11 F eb ., 1927.] BONDS N. Y 3TOCK EXCHANGE. ! Sales in 'Jan. 1927. Sales in Dec. 1926. Par Value. Bid 3,000 Texas & N O cons g 5s________ 1943 J J 74,000; Texas & Pacific 1st g 5s_______ 2000! J D Second gold income 5s______ 2000 M ar 25,000! Louisiana Div B L 1st g 5 s ..1931 J J 16,000! Tex Pac— M o Pac Term 5348..1964 M S 2.000 Toledo & Ohio Cent 1st g 5s__ 1935 J J 1,000, Western Div 1 st g 5s_______ 1935 A O 4.000 General gold 5s_____________ 1935 J D 1.000 Toledo Peoria & West 1st 4s__ 1917 J J 89,000 Tol St L & West 50-yr g 4s___ 1950 A O 1,000 Tol W Va & Ohio 1st gu 43$s A . 1931 J J 1st guar 4H s series B _______ 1933 J J 2,000 1st gu 4s series C ____________1942 M S 2,000 Tor Ham & Buff 1st 4s________ 194fi J D 2,000 Ulster & Delaware 1st con g 5S-1928 J D 10,000 First refunding gold 4s---------- 1952 A O 154.000 Union Pac RR & land gr g 4s_.1947 J J 1,000 Registered___________________1947 J .7 171.000 20-year conv 4s______________ 1927 J J Registered____________________J J 147.000 first & refunding 4s__ June 2008 M 8 12,000 1st lien & ref 5s________ June 2008 M 8 118.000 10-y ear secured 6s___________1928| J J U N J RR & Canal Co gen 4 s .. 1944 M 8 Utah & Northern 1st ext 4s__ 1933 .5 J 5,000 Vandalia consol g 4s A ________ 1955 F A Consol 4s, series B __________1957 M N Vera Cruz & P 1st gu g 434s— 1934 J J July 1914 coupon on------------------- J J 30,000 Assenting 1st 4 348______ 1934 Virginia Midland 5s series F ---- 1931 M S 3.000 General 5s_________________ 1936 M N 2.000 Va & Southwest 1st gu 5s_____ 2003 Q_ J 29.000 First cons 50-year 5s________1958 A O 233.000 Virginian Ry 1st 5s ser A _____ 1962 M N 101.000 Wabash 1st gold 5s____________ 1939 M N 88.000 Second gold 5s______________ 1939 F A 314,000 Ref s f 5 34s ser A ___________1975iM S Deb B 6s registered________ 1939jj J 3.000 1st lien 50-year gold term 4s. 1954 J J 3.000 Det & Ch Ex 1st g 5s_______19411J J Des Moines Div 1st g 4s------1939 J J 11,000 Omaha Div 1st g 314s----------1941 A O 5.000 Tol & Chic Div 1st g 4s_____ 194) M S 7.000 Warren RR 1st ref gu 314____ 2000,F A 5.000 Wash Cent Ry 1st g 4s_______ 1948|Q M Wash Term 1st gu 314s--------- 19451# A 1st 40-year guar 4s-------------1945'F A Weatherf M. W & N W 1st 5s..l930|F A West Maryland 1 st g 4s----------1952 A O 1,544,000 10,000 West N Y & Pa 1st g 5s_______ 1937 J J 5,000 General gold 4s--------------------1943 A O Inc g 5s______________ April 1943 Nov 244,000 Western Pacific 1st 5s A ______ 1946 M 8 12,000 1st g 6 s ser B _______________ 1946 63.000 West Shore 1 st 4s guar_______ 2361 60.000 Registered______________ ...2 3 6 1 Wheeling & Lake Erie 10,000 Wheeling Div 1st g os----------1928 Exten & impt. gold 5s______ 1930 28,000 - .......................... Refunding 414s ser A. ‘ .1966 M S 7 ot, pn 17.000 Wheel &T L Erie RR 1 1st con g 4s 1949 M 3 37.000 Wilkes-B & East 1st gu g 5s---- 1942 J D Wilmar & Sioux Falls 1st 5s__ 1938 J D Winston-Salem S B 1st 4s------1960 J J 167,000 Wisconsin Cent 1st gen g 4s---- 19 9 J J 66,000 Sup & Dul Div & Ter 1st 4s. 1936 M N 3.000 Wor & Con East Ry 4f4s__ 1943 J J Industrials 16,000 Adams Express coll tr g 4s------1948 M 8 30,000 Ajax Rubber 1st 8s__________ 1936 J D 5.000 Alaska Gold M deb 6s A _______19z5 M 8 10-year conv 6s ser B ______ 1926 M S 343,000 Aipine-Montan Steel 7s_______ 1955 M 8 Amer Agric Chem 1st conv 5s_.1928 A O 130,000 1st ref sink fund 734®_______ 1941 F A 62,000 Amer Beet Sugar conv deb 6s._ 1935 F A 76,OOOl Amer Chain 10-year s f deb 6s. 1933 A O 38,000 Amer Cotton Oil deb 5s______1931 M N Amer Dock & Impt extd 6s-------1936 J J 3.000 Amer Mach & Fdy s f g 6s____ 1939 A O 25.000 Amer Republic Corp s f deb 6s. 1937 A O 249.000 Amer Smeitg & Ref 5s ser A __ 1947 A O 49.000 1st g 6s ser B _______________1947 A O 121.000 Amer Sugar Refg 15-year 6s— 1937 J J Amer Tel & Tel Coll trust 4 s ..1929 J «T 333.000 15.000 Convertible 4s_____________ 1936 M S 3.000 20-year convertible 4 14s___ 1933 M 8 165.000 30-year coll trust 5s________ 1946 jJ B Registered___________________ J D 945.000 35-year sink fd deb 5s______I960! J J 421.000 20-year sink fd 514s------------ 19431M N 36.000 Amer Type Founders deb 6s__ 1940 A O 137.000 Amer Water Wks & Elec coll 5s. 1934 A O 2 0 .0 0 0 Amer Writing Paper s f 7-6s__ 1939 J 73,000 Temp interchang ctfs of dep--------688.000 Anaconda Copper Min 1st. 6s_.1953 F A Registered______________________ 532.000 15-year conv deb 7s------------ 1938 F A 780.000 Andes Cop Min deb 7s 25% pd 1943 J J Anglo-Chilean Nitrate 7s_____1945 M B 587.000 Without warrants_______________M N 214.000 Antilla (Comp Azuc) 1st 7 14s. .1939 J J 40.000 Ark & Memph Bdge & Term 5s. 1964 M S 471.000 Armour & Co 1st real est 4 ’ 4s. 1939 J D 602.000 Armour & Co o f Del 1st 614s -1943 J J 23.000 Associated Oil 6% gold n o te s ..1935 M S Atlanta Gas Lt 1st 5s________ 1947 J D Atlantic Fruit 7s ctfs o f dep__ 1934 J D Certif of deposit stamped_______ 504.000 Atl Gulf & W I SS Lines coll tr 5s '59 J J 141.000 Atlantic Refining deb 5s______1937 .1 J 23.000 Baldwin Locom Wks 1st s f 5s. 1940 M N 11.000 Baraqua (Comp Azucar) 7 34s. 1927 J J Barnsdall Corp conv 8s______1931 J 1.485.000 Debenture 6s trust ctfs_____1940 J 3.836.000 Deb 6s (without warrants)..1 9 4 0 J 509.000 Belding-Heminway conv 6s___ 1936IJ 90.000 Bell Telephone of Pa 1st 5s B ..1948! J 59.000 First & ref 5s series C ______1960 168.000 Bethlehem Steel 1st & ref 5s g A 1942 140.000 20-year pur & imp s f 5s____1936 170.000 503,000 1953IF A Con 30-year s f 534s B ______ 1953IF 141,000 Bing & Bing temp deb 6 Ins. 1950 ”M S 1926 A O 100,000 1934 A O 112 ,0 0 0 1942 A O 447,000 1943 J B 69,000 Ctfs of dep stpd June 26 int. 24,000 1941 J .f Brooklyn City RR 1st 5s. 92,000 1949 J J 14,000 1930 J 1 1968 J 9 1,385,000 29,000 MN N 1941jM Bklyn Q Co & Sub gtd 5s_____1941 1941 iJ J 1945! A O 2002 J J 36,665 1950 F A 1950 F A 80.000 Stamped guaranteed___ 19 BONDS—STOCK EXCHANGE RECORD PRICES I N Jan. 3. Jan. 31. Ask bid. Ask Bid. 17,000 99 H _____ 101 419,000 105 >6 106 J4 107 93 105 i_____ 1,000 100 34 Sale 40034 30.000 103)4 10434 10434 3,000 101 ------- 10134 10034 10034 10034 10134 10034 15 20 10,000 90 9034 9034 100 99 50,000 99 99 99 93 9334 91 90 5,000 90 70 20,000 63 6334 15,000 41 14 4234 40 151,000 9534 Sale 9534 93)1 9434 94 j4 99 Xs 177.000 99)4 Sale 1,000 165.000 9134 Sale 69.000 10834 109 77.000 10234 Sale 5,000 94 9634 9834 92 94 9034 5,000 6,000 15.000 9,000 203.000 45.000 45.000 176.000 4.000 2.000 3,000 20,000 3.000 3.000 3.000 541,000 88,000 5.000 18 23 JANUARY. Lowest. IANGE FOR YEAR 1926. Highest, 10034 100 10434 10434 _____ 10234 _____;100 34 10134 10034 15 20 Sale 9034 99 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 94 '90 6334 39)4 94x3 9434 9934 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 9034 Sale 41 Sale 9534 Sale 9134 9234; 9134 Jan. 108)4 Sale 110834 Jan. 101 34 102 10134 Jan. 94 _____ 9434 Jan. 9/34 9834'__________ 9234 _____ 9234 Jan. 9234 24 24341__________ _____I__________ 5 10034 6 10534 10234 100)4 10134 15 9034 99 25 24 25 21 4 21 7 29 18 15 3 26 94 9034 64 41 34 96 9434 8 100 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1 11 2. 2 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7 21 5 Sale I 99J4 10034 _____ 100 ______ 9034 9034 92)4 87; 8734 Sale Sale I 75 7634 103)4 10434 88 86)4 8834 84 Sale 83 90 9034 91 Sale 92 _____ 16,000 64.000 201,000 73.000 181,000 270.000 3,000 39.000 121.00 0 89)4 106)4 3)4 3)4 96)4 104 34 104 Sale 104)4 9734 9534 Sale 101)4 Sale 102 95 9534 9.5)4 10534 10534 104 105 104 99 9934 99 100)4 Sale 101 108 Sale 108 ;104 34 Sale 104)4 98xs 98)4 Sale 94)4 1 9334 94 99 M 102)4 Sale 103)4 99 34 Sale Sale Sale Sale 104)4 Sale Sale Sale 96 104)4 Sale Sale Sale Sale Sale 94)4 99 Sale Sale 794.000 10134 Sale 102 294.000 105)4 Sale 106)4 Sale 105 37.000 10334 Sale 104 Sale i 98)4 Sale 100.000 98 Sale 70.000 6034 Sale 1 59 57 60 358.000 6034 Sale 668.000 104)4 Sale 104)4 Sale 5,000 744,000 10934 Sale 107)4 Sale Sale 107 34 Sale 457,000, 108 89)s 89)4 Sale 90 925,000' 8834 Sale Sale 9634 Sale 144.000 95 47,000 10)34 100)4 100 34 Sale 9234 Sale 341.000 92 95 >4 Sale 304.000 95)4 Sale 41,000, 102)4 Sale 10234 102)4 100) 4 103 101)4 1534 2,000 1734 24 2034 24 15)4 7234 Sale 116,000 7334 Sale 43.000 101)4 Sale 101) 4 1 0 1 ) 34.000 106)4 Sale 106 34 108 107 107)4 Sale 13.000 106 5,000 Saie 94 34 Sale 1,152,000 89 98)4 Sale 10534 Sale 9734 44.000 9734 9934 97 Sale Sale . 103 70.000 104 127.000 10434 Sale 103) 4 Sale 60.000 100)4 101 34 10034 Sale Sale 98)4 Sale 87,000 99 Sale 102)4 Sale 202.000 102 9934 Sale 344,000 9734 Sale Sale 94 92)4 93 34 103)4 100 Sale 91 215,000 90)4 91 Sale 104 Sale 74.000 104 25.000 72)4 73)4 7834 Sale 7234 7634 14.000 7234 73 Sale 93 34 Sale 34.000 95 96.000 104)4 Sale 104) 4 Sale 38.000 10334 10434 10334 10434 1,606,000 98)4 Sale 9834 Sale 47.000 65 6534 6434 65 3,000 8034 ____ 95 95 19.000 18.000 88 88 __ 95 96 Sale 95 9434 Sale i 95 34 Sale 99)4 Jan. 99)4 99)4 003-8 o0)4 97 54 20 8734 97 % Mar. Jan. Feb. Jan. -Tan. Oct. July Jan. 3 101 9105 2 102 29 10134 6 102)4 23 37% 27j 90)4 21 9934 Jan. June Dec. Mar. June Jan. July Dec. 22 5 27 23 8 28 8 20 93 87H 6034 3634 92 34 83 34 99 34 9434 Oct. Mar. June July Tan. May Jan. Dec. Jan. Aug. Nov. Dec. Aug. Jan. June 5 93 2i 9034 30 80 9 48 4 95)4 5 93% 4 100 14 9934 2 9234 19 109)4 19 103)4 21 9434 16 96 li 9 0 ) 2 1 90);i Oct. May Mar Jan. May Apr. Feb. May Dec. Apr. Jan. Dec. Oct. Aug. July 5 28 5 27 21 8 1 25 23 23 30 18 19 4 22 33 101 102)4 103 97 103)4 104 102 105 Jan. Sept. Aug. Aug. N ov. N ov. Apr. Oct. June 22 29 16 20 19 22 9 9 12 8634 103)4 90 8334 90)4 81 8834 9134 98)4 7634 10234 8834 June Dec. June Dec. Dec. M ay Aug. Jan. Mar. Dec. Dec. Apr. Dec. 29 28 18 13 14 14 24 25 19 22 31 1 31 100 34 106!4 87 H 87 Apr. Apr. N ov. N ov. 26 86 Jan. 2 Jan. 25 I06 H Jan. 101 )4 Jan. 29 94 9534 9234 Jan. 5 xx 8834 3 100 H ig h e st. Sale Prices. I Sale Prices. 98)4 Mar. 13 10434 Dec. 13 03 Mar. 4,107)4 July 10 24 24Xs Sale j 23 Jan. 19 25 Jan. 29 22 100 34 101 102) 4 Jan. 19 101 102 >4 10234 10234 10234 Jan. 102 _____102 Jan. 102 102 Jan. 10 9934 96 Jan. 1 1 90)4 9534 9534 9534 9534! 9534 Jan. Sale 102x8 Sale 10234 Jan. 103 103) 4 Jan. 6 99)4 Sale _____ 103 Jan. 103 104) 4 Jan. 20 101 1 0 1 34 Sale 10134 Sale |l6 l 34 Jan. 102 Jan. 20 9834 IO0 X8 Sale 10434 Sale i 103X8 Jan. 104)4 Jan. 14 98)4 90 8434 8634 I ____ I8734 Jan. 14 8734 Jan. 14 84 l 6 o 104 Jan. 6 104 Jan. •6 101 104 10334 Jan. 31 89 Jan. 31 84 34 8834 89 >4 89J4 _____| 89 83 34 Sale 8434 _____i 8334 Jan. 3; 8434 Jan. 14 77 34 91 Jan. 8 87 9034 9134 9i Jan. 8 : 91 7734 8 j 34 _____ 86 Jan. 17j 81 )4 Jan. 28 80 853-2 89 87)4 8834' 8/34 Jan. 19| 8734 Jan. 19 84 85 >s 8634 8534 8634 83 9234 9234 83 9834 166"' 99 >4 99 34 96)4 Sale 80 7634 Jan. 3 8034 Jan. 22 6674 76/8 Sale l 6 l )4 Jan. 3102 Jan. 8 100)4 101)4 Sale 10134 102 89 88 Jan. 88 88 21! 89 Jan. 8 8834 83)4 91 47.000 90 52.000 107 Sale 10.000 334 4 7,000 334 4 201,000 92)4 Sale 11,000 8 14 26 1/ 10034 9934 3,000 100 33.000 9034 36.000 8 / 35.000 7234 102 34 6.000 86 )4 33,000 8234 7,000 8934 89 40.000 59.000 8 2 lb 2. 9234 10934 102)4 9434 99)4 Jan. 19 100)4 Jan. 176.000 9934 Sale ! 99)4 Sale 36.000 10334 104 10334 103)1 103)4 Jan. 21;104)4 Jan. 87 34 Sale 41.000 86 34 Sale 8634 Jan. 10! 87)4 Jan. 8634 Jan. 33 87 Jan. 40.000 8634 Sale __________ 153,000 Lowest. Ask.' Sale Prices I Sale Prices _____|10134 Jan. 28 10134 Jan. 21 ------- ;105x4 Jan. 5 10734 Jan. 1, Apr. 30 Aug. 2 Sept. 29 Jan. 4 Feb. Jan. Mar Sept. Jan. Jan. Jan. Jan. Jan. Jan. Jan. M ay Apr. Mar. Jan Jan. Mar. Aug. Jan. 86 14 95 34 Jan. ! 26 100)4 Feb. 21 26 83)4 Jan. b 24 83 Jan. 7 8 16 26 Jan. 14 10234 Feb. 23 9934 Oct. Nov. 26 Oct. 100 95 9034 Nov. 10 80J4 Jan. Jan. 81 89)4 June 1 74)4 July 7 64 34 Jan. 103 Nov. 18 102)4 Jan. 85 34 Mar 8834 May 6 83 Jan. 5 8434 Jan. 18 8034 Jan. June 14 87 Jan. 13 91 89 Jan. 28 8634 Feb. 90 H June 3 89 Jan. 3 89 Jan. 3 7634 Mar . 1 . 8634 June 23 89 34 Jan. 19 91 Jan. 4 85 Jan. 90 Vs Dec. 3 105 Jau. 8 107 Jan. 3 10134 June 10734 Dec. 18 3 34 Jan. 25 334 Jan. 5 3 Dec. 5 June 16 334 Jan. 31 3 Dec. 434 Feb. 24 92)4 Jan. 4 97 34 Jan. 14 89)4 Aug. 92 34 Dec. 21 104)4 Apr. 5 102)4 Jan. 104 Jan. 3 10434 Jan. 25 N ov. 106 Aug. 4 95)4 Jan. 3 98 Jan. 11 90)4 June ■ !0134 Feb. 5 Jan. 21 102 Jan. 5 98 L Jan. 101 102 June 4 Jan. 95 34 4 96 Jan. 28 N ov. 2' 97 34 Jan. 9 105 34 July 106)4 Mar. 12 104 Jan. 22 104 Jan. 22 Jan. 10434 Dec. 4 99 Jan. 4 99)4 Jan. 20 98 Jan. 6 i OOYs July 23 10034 Jan. 3 101)4 Jan. 99 Jan. 2 i 01 % June 15 107 )4 Jan. 8 10834 Jan. 106 Jan. 4 109 Oct. 21 104)4 Jan. 22 105 Jan. 102)4 Mar. 3i 10534 Apr. 26 9834 Jan. 17 9834 Jan. 96 >8 Jan. 4 99)4 July 6 9334 Jan. 10 96 Jan. 92 Feb. e 95)4 Sept. 13 9834 Jan. 27 99 Jan. 97 34 Jan 5 10234 Apr. 8 102)4 Jan. 7 103)4 Jan. 10034 Aug. 23 103) 4 Dec. 31 102)4 June 1 103 June 18 101 Jan. 3 10234 Jan. 97)4 Jan. 2 10134 Dec. 18 105)4 Jan. 3 106)4 Jan. 103 Mar 3 106)4 Apr. 23 10334 Jan. 6 104)4 Jan. 100 14 Sept 17 105 Aug. 3 98 Jan. 3 99 Jan. 95)4 Jan. b 99)4 Dec. 31 59 Jan. 31 6034 Jan. 42 Mar. 31 62 '4 Oct. 29 5934 Jan. 17 6034 Jan. 4134 M ar. , 62)4 Oct. 30 104 Jan. 3,104)4 Jan. 101 34 Jan. 104) 4 Dec. 11 102 34 Sept. 104)4 Dec. 10 10734 Jan. 28 10934 Jan. 10234 Mar. 10934 Dec. 18 10734 Jan. 29 10834 Jan. 96 34 Jan. 109 Dec. 14 10034 Jan. 13 93)4 Oct. 8734 Jan. 3 90 Jan. 84 Dec. Dec. 18 90 9134 Jan. 4 9334 Jan. 8434 June 97 Dec. 28 10034 Jan: 19100)4 Jan. 9434 Jan. 10034 Dec. 7 9134 Jan. 4 93 34 Jan. 92 34 May ! 90 34 Aug. 95 Jan. 3 95)4 Jan. 92 M ay 96 34 Mar. 29 102)4 Jan. 12 10234 Jan. 102 Mar. 10334 Aug. 17 9034 Jan. 5 93 Jan. 15 87)4 Jan. 31 88)4 Jan. 5 72 3^ J<111 • 3 7834 Jan. 26 7034 101 106 10634 Jan. Jan. Jan. Jan. 7634 10134 107 108 Jan. Jan. Jan. Jan. 89 9834 9 7 34 103 103)4 100) 4 9834 101) 4 97 34 9234 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 94 34 105)4 9834 104 104)4 102 J0034 103 100 94 Jan. Jan Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 90)4 104 72)4 74 93)4 10334 102)4 9834 64 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 92 105 7934 76 95 105 ,-04)4 9934 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 66 95)4 Jan. 25 9534 Jan. 2 15 20)4 6534 99)4 10234 103 ! 05 96 Sept. Jan. Oct. Jan. Mar. Apr. Jan. Aug. H 7 6 4 ( If 15 20 94 h Aug. 3 10054 Jan. 1 100 Feb. £ 9554 Jan. 6 93 Jan. £ 95)4 Jan. 4 87 34 Jan. fc 9034 Apr. 3 Mar. 2 ) 70 8034 M ay 22 Jan 4 101 6934 Oct. 6 6834 Sept 2( 1 93)4 Jan 102 54 J111 v ?r 10354 Apr. 28 92 34 Mar.|31 60 Oct. 2 2 72 Mar. 1 28 20 34 73 102)4 no 107 107 101 Jan. Jan. Dec. June Oct. Dec. Jan. Feb. 2 100 V* 10434 10434 10234 99)4 101 Vs 99 Jan. Dec. Dec. Aug. Dec. Dec. Dec. 16 28 29 11 31 31 18 95 100 96 ,05 76 54 73 96 105)4 On '4 99)4 65)4 79 Jan Nov. Dec. July Jan. Apr Dec. Feb Feb. Nov. Dec. June 31 7 15 21 6 11 5 24 6 30 5 22 6 8 24 26 28 29 8834 Aug. 18 8834 Aug. 18 8 8 H Jan 6 97 H July 19 8XU; [an 95)4 July 23 20 BONDS N. T . STOCK EXCHANGE. S k ly n U n io n G a s O o 1st g 5 S ..1 9 4 5 1st 1 & r e f 6s A . ........................ 1947 D e b 5 % s _____________________ 1936 S u b re c e ip ts 7 0 % p a id ___ B u ffa lo & Susa gen s f o s ______1932 j Interest 1Period BONDS-STOCK EXCHANGE RECORD M M J J J A -Sales in Jan. 1927. Par Value. N N J .1 D O E a s tern C u b a Sugar 7 % s _______ 1937 «fid E l 111 B k n 1st c o n g 4 s _____ 1939 E d E l 111 N Y 1st c o n s g 5 s____1995 E le c P o w C o r p tG e rm a n y ) 614 s 1950 E lk h orn C o a l 1st & r e f 6 14 s___ 1931 D e b 7s n o t e s (w ith w a r ) ----------1931 E m p ire G a s & F u el 1st & r e f 714s '3 7 1st & r e f 614s (w ith w a r’n ts )_ 1 9 4 1 E q u ita b le G a s 1st c o n 5 s _______ 1932 F ed era l L & T r 1st s f 5 s_______ 1942 F irs t 1 s f ’s s ta m p e d __________ 1942 1st lien s f 6s s t m p d _________ 1942 3 0 -y e a r d e b 6s ser B __________ 1954 F ed era ted M e ta ls c o n v 7 s . ___ 1939 F la t s in k in g fu n d g o ld d e b 7 s . . 1946 F isk R u b b e r 1st s f 8 s _________ 1941 F t S m ith L t & T r a c t io n 5 s ____ 1936 F ra m erlc In d & D e v 2 0 -y r 714® 1942 F ra n c is co S ugar 2 0 -y r 7 1 4 s _____1942 F ren ch N a t M a il SS L in es 7 s ___ 1949 G a s & E le c (B e rg e n C o ) 5 s ____ 1949 M 8 J J 0 J M N J J MN J J J J J A O J D F A J .T J F A .1 D M N A M F J J J M O N A J J J S M N J J A O .1 J MN MN M S J J M A M J J S O S T> J M N M N M 8 J J J D J J J J M 8 J J J J M S J D j n MN A O M S M S M S M S J D J D J J M 8 M S J J MN J D J D A O G en era l E le c d e b g 3 14s------------- 1942 F A G en eral E le c (G e r m a n y ) 7 s . .1 9 4 5 D e b 6 14s s t o c k p u r c h w a r ___ 1940 W it h o u t w a rr a n ts a t t a c h e d . . 1940 G en era l P e tr o le u m 1st s f o s ___ 1940 G e n R e fr a c to r ie s 1st 6 s ------------- 1952 G o o d H o p e I r o n & S teel sec 7 s . 1945 G o o d r ic h (B F ) O o 1st 6 1 4 s ____ 1947 G o o d y e a r T ir e & R u b s f 8 s ____ 1941 1 0-y ea r d e b s f 8 s _______ M a y 1931 G o t h a m S ilk H o s ie r y d e b 6 s ___ 1936 G o u ld C o u p le r 1st 1 5 -y r s f 6 s — 1940 G r a n b y C o n M S & P 1st 6 s___ 1§28 S ta m p e d ____________________________ C o n v d e b 7 s ___________________ 1930 G t C o n s E l P o w (J a p a n ) 7 s ------- 1944 G r e a t F a lls P o w e r 1st s f 5 s-------1940 H a ck e n s a ck W a t e r 1st 4 s --------- 1952 H a r tfo r d S tr e e t R y 1st 4 s _____1930 H a v a n a E l R y L t & P 5 s _______ 1954 H a v a n a E le c R y c o n s g 5 s --------- 1952 D e b 5 % s series o f 1 92 6 ______ 1951 H e r s h e y C h o c o la t e 1st & c o ll 5 % s ’40 H o e ( R ) & C o 1st 6 % s A -----------1934 H o lla n d A m e r L 6s (flat ) ----------- 1947 H u d s o n C o u n t y G a s 1st 5 s _____1949 H u m b le O il & R e f 5 % s _________1932 Illin ois B e ll T e le p 1st & r e f 5s A 1936 Illin o is S teel d e b e n 4 1 4 s ------------- 1940 B sed er S teel C o r p s f g 7 s ---------1946 In d N a t G a s & O il r e f 5 s _______ 1936 In d ia n a S teel 1st 5 s --------------------1952 In la n d S teel d e b 5 % s ___________ 1945 In s p ir a tion C o p p e r 634 s _______ 1931 I n t e r -M e t r o p o lit a n c o ll 4 3 4 s . . 1956 I n te r b o r o R T 1st & r e f 5 s ____ 1966 S ta m p e d _________________________ 1 0 -y ea r 6 % n o t e s _____________1932 1 0 -y ea r 7 % n o t e s --------------------1932 In t A g r i C o r p 1st & c o ll t r 5 s . . 1932 S ta m p e d e x te n d e d t o ______ 1942 In t M e r c M a r in e 1st s f 6 s ----------1941 J J J F F J D D A A A O .1 J MN F A J D F A MN MN MN F A MN J J VI R m a F A M S J J A O MN MN T J J D A O A O MN MN M N M S 1,000 5,000 67,000 65,000 11,000 29,000 846,000 39,000 1,000 45,000 19,000 31,000 73,000 61,000 5,000 485,000 94,000 503,000 20,000 1,000 316,000 34,000 7,000 85,000 117,000 504,000 362,000 76,000 154,000 24,000 11,000 18,000 15,000 7,000 10,000 17,000 59,000 30,000 56,000 112,000 70,000 724,000 20,000 7,000 12,000 95,000 37,000 129,000 2,000 10,000 203,000 5,000 9,000 325,000 498,000 9,000 39,000 37,000 24,000 7,000 21,000 1,506,000 64,000 15,000 700,000 6,000 919,000 15,000 29,000 63,000 233,000 194,000 301,000 14,000 275,000 194,000 141,000 151,000 279,000 14,000 J J J 1,000 9234 93 6,000 9034 9134 46,000 9534 96 47,000 9934 100 75,000 10134 10134 29,000 103 34 Sale 358,000 10034 Sale 39,000 99 9934 8,000 2,000 87,000 23,000 46,000 8,000 802,000 3,600,000 11,000 17,000 510,000 218,000 40,000 102 96 10134 11934 53 10234 75 11034 98 Sale Sale Sale Sale Sale Sale 10234 10434 10434 9734 Sale 9334 98 93$ 30,000 10534 Sale 107 34 953s 107 97 98 96 10534 9934 9934 9634 953/2 103 34 97 34 89 9234 11634 88 9834 10634 94 34 102 10834 91 103 34 11434 101 101 103 9934 10634 12134 11034 100 85 JANUARY. RANGE FOR YEAR 1926. Highest. Lowest. 9234 90 34 9534 10034 10134 103 34 10034 9934 10334 96 10134 1193s 5434 102 76 11034 102 10434 10034 93 Sale 9634 10134 Sale Sale Sale Sale 9234 9034 9534 9934 10134 10334 10034 99 9234 9134 97 101 10234 10434 10234 10034 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 10334 9634 10134 120 5434 10234 7634 11034 102% 10434 101 10234 Jan. 9634 9634 Jan. Sale 101 Jan. Sale 119 Jan. 53 Jan. 102 Jan. Sale 7434 Jan. Sale 10934 Jan. 10234 102 Jan. 10434 Jan. Sale 9734 Jan. 105 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 97 81 9534 9034 10434 10434 Jan. Jan. Jan. Jan. Jan. Jan. 9734 82 97 92 10534 10534 Jan. Jan. Jan. Jan. Jan. Jan. 94% 98 H 100 81 105% 75 101% 102 99 H 101H 93 % 99% 95 98 X 107 H 99 H 100 H 94 % 93 X 98 98 % 76 H 101% 102 H 102% 107 H 102 H 94 % 94 % 88 48 96 105 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 3 96% 4 100% 7 101 22 83% 25 106% 8 77 28 102 26 102% 18 100 4 103 3 96% 3 101 3 99% 3 102 3 108 3 100% 17 102% 6 95 5 97 4 98% 10 98% 4 81 K 102% 31 103% 27 104% 3 108% 26 103% 29 95% 27 96 14 89% 14 50 6 96% 18 106% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 28 29 3 3 4 29 7 22 20 10 27 7 17 17 11 17 7 6 17 28 4 27 24 10 7 24 6 5 Sale 104% Jan. 4 105% Jan. 3 Sale 106 95 106% Sale 97 Sale 98% 9934 95 Sale 105% Sale 98 101 99% 9534 95% Sale 95% Sale 103 98 97 91 89 Sale 92% Sale 115 87% Sale 98% Sale 106% Sale 94% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 21 7 24 3 5 24 15 4 6 31 28 3 10 3 3 14 21 3 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 3 18 29 28 3 31 28 14 17 8 31 6 14 28 4 29 31 31 31 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 85 106% 91 103 113% 99% 100% 101% 99.% 105% 121 110% 99% 84 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 18 6 3 5 4 22 22 3 4 5 4 31 7 100 102 108% 91% 105% 119% 101% 102 103% 103% 107 122 110% 100% 85 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 102 100 357,000 4,000 14,000 101 127 98 103% 86% Jan. 31 101 Jan. Jan. 29 139% Jan. Jan. 3 99% Jan. Jan. 4 103% Jan. Jan. 7 87% Jan. 17,000 88,000 162,000 65,000 238,000 18,000 201,000 96,000 163,000 184,000 1,000 104,000 128,000 60,000 8,000 9,000 96,000 20,000 12,000 25,000 240,000 176,000 38,000 106,000 5,000 43,000 205,000 56,000 9434 90 10134 9734 9134 102 34 102 34 10334 97 34 10034 98 104 10134 10134 9534 Sale Sale 9834 Sale 103 Sale Sale Sale Sale 9834 Sale Sale Sale 96 90 102 10034 9634 10234 10234 10334 97 34 10134 98 104 10234 10134 9634 Sale Sale Sale Sale 10334 Sale Sale Sale 102 Sale Sale Sale 9534 90 10134 98 9134 10234 10234 10234 97 34 10034 98 10334 10134 10134 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 96 9034 10234 10034 97 103 102 34 103 34 9834 10234 98 10434 10234 10134 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 921,000 78 2,790,000 78 596,000 8134 756,000 9734 11,000 90 14,000 8034 2,472,000 96 160,000 97 34 350,000 9934 2,453,000 10934 Sale Sale Sale Sale 92 34 8234 Sale Sale Sale Sale 7834 7834 8134 9834 83 8134 99 98 10234 10934 Sale Sale Sale Sale 8434 83 Sale 77 7634 8034 97 90 82 9534 97 34 9934 10934 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7934 7934 8234 99 90 83 99 9934 10234 11034 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8 20 9834 9634 75 93 9034 10234 98 Sale Sale Sale Sale 105 98 97 Sale 10034 Sale Sale Sale 10134 Sale 10034 10334 Sale Sale Sale Sale Sale Sale Sale 9434 Sale Sale Sale Sale Sale Sale 10234 Sale 10234 Sale Sale Sale Sale 8934 Sale 108 95 % 107 % 99% 99% 96 108% 106 100% 96% 96% 103% 98 91 98% 116% 90% 105% 108 ft3 100% 20 99 Sale Sale 23 22 27 25 1 6 22 29 5 4 180 93 9234 9834 102 10234 10534 10034 99 34 10534 10134 A u g . 2 10334 9334 M a r . 25 9954 100 M a r . 19 103 12334 11534 Jan . 56 4434 J u ly 103 10134 M a r . 81 6534 M a r . 10434 N o v . 1 11034 102 Mar. 16 10334 10134 O c t. 22 10434 9834 9434 J u ly M ay 82 8234 9034 Ju n e 8734 94 8334 Feb. 9834 Jan. 95 Jan. 97 34 9834 9734 Jan. 9334 Jan. 9434 Sale 107 *a 10734 Sale 9434 107 34 Sale 9934 98 34 99 Sale 99 Sale 109 Sale 10834 11034 9934 9534 Sale 9534 Sale 10334 98 9734 Sale 30 Sale 97 34 11634 11534 Sale 90 Sale 10534 10734 108 Sale 99 34 103 9934 10934 107 9134 91 Sale 10534 Sale 11734 10134 10134 Sale 101 103 Sale 103 Sale 106 34 Sale 12134 Sale 11034 Sale 993-4 8534 8434 M a r. June F eb. M a r. M a r. A p r. June N ov. 9034 J a n . 10134 J a n . 12834 91 8734 90 9534 10034 10334 9934 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 101 102 Sale 12834 Sale Sale 9934 Sale 10334 10334 10434 87 34 8734 87 93 34 100 Highest. Lowest. Sale Prices. Bid. Ask. Sale Prices. Sale Prices Sale Prices 10334 Sale 10234 Jan. 5 10334 Jan. 29 10034 J u ly 20 10434 J u n e 4 11334 ------- 11334 Jan. 21 11434 Jan. 18 110 J a n . 12 11434 D e c . 15 A ug. 6 156 Jan. 28 162 Jan. 8 126 M a r . 4 166 15534 158 Sale 10,000 97 97 9,000 8134 82 8134 18,000 9534 Sale 9632 10,000 9034 91 9134 85,000 10434 Sale 105 5,000 10434 Sale 10434 96 9434 95 96 32,000 9434 Sale 718,000 9934 Sale 100J4 Sale 10034 34,000 101 432,000 8334 Sale 8134 45,000 106 Sale 10634 9,000 75 7534' 77 232,000 1 0 1 % ------- 10134 1,000 102 % Sale 10234 13,000 99 34 100 1 9934 26,000 10134 10334 10234 88,000 9334 Sale 9634 154,000 9934 Sale 10034 Sale *9934 286,000 95 47,000 9834 Sale 10134 94,000 10734 Sale 108 Sale 20,000 100 9934 47,000 10134 10234 10134 47,000 9434 9534 9434 30,000 9534 88,000 9834 Sale 9834 26,000 9834 99 9834 75,000 7634 7734 7934 Sale 102 27,000 102 Sale 10234 126,000 103 91,000 10234 103 102 34 84,000 10734 Sale 10834 85,000 103 34 Sale 102 34 68,000 95 9534 9434 891,000 9534 Sale 9434 89 158,000 8934 91 45,000 48 50 50 89 97 34,000 96 110,000 10634 Sale 10534 268,000 4,000 3,000 185,000 47,000 18,000 408,000 629,000 1,000 45,000 28,000 31,000 16,000 82,000 42,000 28,000 23,000 387,000 277,000 1,037,000 3,000 16,000 10,000 65,000 91,000 87,000 276,000 3,000 285,000 70,000 153,000 167,000 58,000 12,000 IN Jan. 3 1 . 17,000 100 193,000 139 279,000 98 16,000 10334 6,000 86 9334 7 8 ,6 0 5 554,000 2,775,000 470,000 A O 342,000 M 8 3,000 MN t 4,000 MN A O 1,477,000 176,000 J J 523,000 M S M 8 1,375.000 J PRICES Jan. 3 . Bid. Ask. Bid. Ask. $ 22,000 43,000 103 34 Sale 12,000 15,000 113 3 4 ------81,000 318,000 ______163 C o n s o l 5 s ______________________1955 J J B ush T e r m B ld g s 5s g u ta x e x 1960 A O C a l G & E O o r p u n if & r e f 5 s . .1 9 3 7 M N C a lifo rn ia P e tr o le u m 6 % s _____1933 A O MN N C o n v d e b s f g 5 % s _________ 1938 M O a m a g u e y S ugar sin k fd 7 s _____1942 A O C a n a d a S tea m sh ip L in es 7 s ___ 1942 M N C a n a d ia n G en era l E le c tr ic 6 S --1 9 4 2 A O 24,000 C e n tra l D is t T e l 1st 3 0 -y e a r 5 s . 1943 J D 1,000 C e n tra l F o u n d r y 1st sin k fd 6 s . l9 3 1 F A 83,000 C e n tr a l L e a th e r 1st 1 s 6 s _______ 1945 J J 45,000 C e n tra l S teel 1st sin k fd 8 s ____ 1941 M N 35,000 J h ic a g o C it y & C o n n R y 5 s _____1927 A O 9,000 C h ic G a s L & O 1st g u g 5 s ____ 1937 J J 550,000 C h ic a g o R y s 1st 5 s _____________1927 F A C h ile C o p p e r c o n v 6s ser A _____1932 A O 2,081,000 28,000 C in e G a s & E l 1st & r e f 5 s ____ 1956 A O 32,000 4 0 -y e a r p rio r lien 5 % s B Jan 1961 A O 718,000 C itie s S e rv ice P o w Sc L t 6s A . . 1 9 4 4 M N C lea rfield B it C o a l 1st 4 s ______ 1940 J J 25,000 C o lo F u e l & I r o n C o ge n s f 5 s __1943 F A 210,000 C o lo In d u s 1st c o ll t r 5s g u ____ 1934 F A F A R e g is t e r e d ___________________ C o l & 9 th A v 1st g u g 5 s ________ 1993 C o lu m b u s G a s 1st g 5 s __________1932 C o m m e r c ia l C a b le 1st g 4 s ____ 2397 C o m m e r c ia l C r e d it s f 6 s _______ 1934 C o l tr u s t 5 % s Ser A --------------- 1935 C o m ’w ea lth P o w e r 2 5 -y r 6 s ___ 1947 C o m p u t in g -T a b -R e c o r d s f 6 s _ .1 9 4 1 C o n n R y & L t 1st g 4 % s _______ 1951 S ta m p e d g u a r 4 % s ------------------1951 C o n s o lid a te d C ig a r s f 6 s _______ 1936 C o n s o l C o a l M d 4 0 -y r 6 s _______ 1950 C o n s o l G a s (N Y ) d e b 5 % s ____ 1945 C o n s o l H y d r o -E le c 1st s f g 7 s . O o n t P a p e r & B a g M ills 6 % s ._ 1 9 4 4 G on su m G a s C h ic 1st g u g 5 s . .1 9 3 6 C on s u m ers P o w e r 1st lie n 5 s ___ 1952 C op en h a g en T e le p ex tl s f 6 s . . 1950 C o rn P r o d R e f 1st 2 5 -y r s f 5 s_ _ 1 9 3 4 C ro w n C o r k & Seal 1st s f 6 s ___ 1942 C r o w n W illa m e tte P a p e r 1 st s f g 6s '51 C u b a C a n e S ugar c o n v 7 s______ 1930 C o n v d e b s ta m p e d 8 % ______ 1930 C u b a n -A m e r S u g 1st c o ll 8 s 1931 C u b a n D o m S u g 1st 7 % s ______ 1944 O u m b T & T 1st & ge n 5 s ______1937 C u y a m e l F ru it 1st s f 6s A ____ 1940 D a v is o n C h e m ic a l d e b g 6 % s _ _ 1 9 3 1 D e n v e r G a s & E 1 5 s _____________1951 S ta m p e d _____________________ D e r y ( D G ) O o r p 1st s f 7 s ____ 1942 D e t r o it E d is o n C o 1st 5 s_______ 1933 1st & r e f 5s Series A ____ J u ly 1940 G e n & r e f 5s series A __________1949 1st & r e f 6s S eries B ____ J u ly 1940 G e n & r e f 5s Ser B ___________ 1955 D e t U n ite d 1st c o n s g 4 % s ____ 1932 D o d g e B ro s s f d e b 6 s _________ 1941 D o ld (J a c o b ) P a c k 1st 6 s ------------1942 D o m in io n I r o n & S teel 5 s ______ 1939 D o n n e r S teel 1st r e f 2 0 -y e a r 7 s . 1942 d u P o n t (E I ) P o w d e r 4 1 4 s -------1936 D u q u esn e L t 1st & c o ll 6s Ser A 1949 1st c o ll t r 5 % s Ser B __________1949 Sales in Dec. lt.26. Par Value. [ V o l . 124. 10434 ft 6 24 13 3 90 90 9734 7834 10434 100 73 34 9834 9734 99 10034 8234 99 88 92 10634 9134 10034 93 34 92 94 9334 65 10034 10034 100 106 10034 90 9234 6934 34 9234 9934 10454 10434 ft 103 93 103 85 34 9634 95 10134 96 34 9934 92 34 9534 M ay 8 D e c . 30 S e p t. 7 M ay 3 D e c . 24 A u g . 20 M a r. 1 D ec. 3 M a r. 2 O ct. 6 J u n e 11 J a n . 22 O ct. 6 June 3 Jan. 14 J u n e 12 Jan. 13 D e c . 13 O c t. 29 D e c . 17 D e c . 18 F e b . 26 D e c . 23 D e c . 15 Nov, 3' 9834 N o v . 3 D e c . 29 10034 M a y 2 5 Jan . N o v . 15 4: 83 2 D e c . 14 10034 J a n . D e c . 10 99 34 A p r . 23 Jan . 5:10534 J u n e 29 Sept. 30 106 J a n . 4 1 M a y 13 9434 J u ly Sept. 25 M a r . 191 95 Nov. 3 10134 D e c . 2 J a n . 26 A p r . 241 86 Jan . 2106 H A p r . 22 D e c . 28 10034 D e c . 27 Feb. 27 J an . 20! 82 Jan . 9 10234 J u n e 2 J an . 2 103 M a y 25 J u ly 16 Jan . 9 101 Jan . 5 10334 O c t . 2 Jan . O c t . 22 21 96 J u ly 19 June 24 100 J u n e 8 9634 D e c . 6 Feb. 6 M a y 26 100 A p r . 23 10934 Feb. 13 D ec. 3 J an . 22 100 Jan. 4,10234 J u ly 14 A pr. 1 9734 J u n e 3 O c t . 14 O c t. 18 97 Jan . 4 9834 D e c . 2 Jan . 5 9834 J u n e 1 F e b . 25 D e c . l! 91 J u ly 7 10334 M a y 28 Feb. 3 104 34 M a y 28 Jan . 22 10334 J u n e 1 M a r . 24 10834 M a y 7 M a y 25 9,104 J an . Jan . 6 9734 M a y 26 M a y 20, 9734 A u g . 15 M a y 24! 9034 D e c . 23 6 A u g . 27 6234 Feb. Sept. 11 Jan. 4, 98 J an . 6 10934 A p r . 16 J a n . 18 M a y 28 107 S e p t. 30 10634 J a n . 18 J u ly 22 10854 Jan. 9 99 3-s J an . 12110834 Jan. 4 98 Sept. 28 10034 D e c . 29 10134 M a y 6 10534 Feb. Feb. M ay N ov. O ct. N ov. D ec. D ec. June O c t. D ec. M a r. N ov. J u ly D ec. A ug. D ec. D ec. F eb. D ec. 3 4 12 18 7 4 17 3 16 15 14 5 5 29 23 20 18 17 1 30 Sept. 20 10034 M a y 11,10054 M a r . 31 98 D e c . 10 96 100 A p r . 1 10454 Jan . 93 21 9834 84 N ov. 19, 98 D e c . 29 9234 92 4:11634 11334 J a n . 7534 J an . 26 9134 M a r . 30! 9934 88 101 N ov. 5 10734 79 J u ly 211 9534 100 34 Jan . 12 102 34 Sept. 11 Sept. 10 ft 102 A u g . 27 110 27 87 A u g . 10 Feb. 6 92 25 95 Jan . 10434 D e c . 11 25 9934 M a y N ov. 3 119 29 9634 A u g . 10034 D e c . 20 18 98 34 M a y 10234 D e c . 3 1 1 10034 O c t. 9 10334 J u ly 27 92 J u ly 9934 D e c . 17 31 104 Jan . A p r . 24 107 3 11934 Sept. J a n . 29 122 1ft 10934 Jan . 11234 Feb. 19 18 100 D ec. 10034 D e c . 31 4 8434 D e c . Sept. 27 97 Jan. 7 101 100 Feb. 31 100 Jan. 7 101 Ju n e 11 100 D ec. 9 M a r. 148 99 11 9034 A p r . D e c . 11 17 100 J u ly 10434 D e c . 16 9 20 8434 O c t. 8834 J u ly Sept. 24 90 Sept. 90 10434 A u g . 16 9234 Jan . 10034 J u n e 9 9434 M a r . D ec. 9934 J an . 9134 J u n e Feb. 79 10034 J an . 10134 O c t. 10034 J an . 9434 J an . 9834 Nov. 9134 F e b . 10134 Ju n e 9834 A p r . 10034 J u ly 90 6234 62 64 8534 8834 78 8434 9134 9634 107 Jan. Jan. Jan. Jan. Jan. D ec. Mar. A p r. Mar. J u ly D e c . 28 90 10234 D e c . 7 9914 Jan. 6 O c t. 22 J u ly 27 Feb. 27 D e c . 29 M a y 12 D e c . 14 A ug. 6 J u ly 28 102 J u n e 4 10234 N o v . 24 9334 10334 103 104 98 10034 9834 10534 8034 D e c . 8034 D e c . 84 D ec. 100 N o v . 9834 J u n e 9134 J u ly A p r. 98 S ep t. 98 10034 J u ly 23 11634 J an . 14 14 14 26 14 12 27 2 26 25 F eb ., 1927.] BONDS 7 . STOCK EXCHANGE. Sales in Jan. 1927. Par Value. Sales in De . 1926. Par Value. PRICES I N Jan. 3. Bid. Ask. Bid. * 320,000 90 Vs Italian Public Utility s f g 7s. . . 1952 J J 1,204,000 Jurgens Works 6s (flat)_______ 1947 J J 204,000 80,000 107 Vs Kansas City Power & Lt 5s____1952 M 8 162,000 67,000 103% Kansas Gas & El 1st s f 6s_____1952 M S 56,000 85,000 105 Kayser (Julius) & Co 7s_______ 1942 F A 40,000 9,000 107 Vs 40,000 34,000 98 Vs Keith Corp (B P) 1st ser g 6s. .1946 M S Kelly Springfield Tire 8s______ 1931 M N 144,000 151,000 104% 33,000 Keystone Telephone 1st 5s____1935 J J 12,0 00 93% Kings Co E L & Pow g 5s_____1937 A O 1,000 2,000 103 % Purchase money 6s_________ 1997 A O 36,000 15,000 124% 4,000 Kings Co Elevated 1st g 4s____1949 F A 17,000 86 . 14,000 57,000 86 Stamped guaranteed_______ 1949 F A 15,000 Kings Co Lighting 1st ref 5s__ 1954 J J 19,000 101 15,000 9,000 1 1 2 % ls t & r e f6 % s ----------------------- 1954 J J 20,000 Kinney (G R) Co conv 7% s___1936 J D 10,000 104 154,000 Kresge Foundation coll tr 6s__ 1936 J D 164,000 102 Vs 103,000 Lackaw Steel 1st cons 5s Ser A_ 1950 M 8 87,000 99 Vs Laclede Gas L ref & ext 1st 5s__1934 A O 18,000 47,000 100 Vs 100,000 Coll & ref 5% s Series O _____1953 F A 12 1,0 0 0 104% 98% Lehigh Coal & Nav 4 % s......... .1954 J J Lehigh Valley Coal 1st 5s_____1933 J J 27,000 2,000 10 1 % 1,00 0 1st 40-yr gu int red to 4 % ...1 9 3 3 J J 3,000 96 % 6,000 1,000 10 1 First & ref sinking fund 5s__ 1934 F A 8,000 99% 1st & ref s f g 5s_____________ 1944 F A 2,000 1st & refunding 5s___________1954 F A 99 % 12,000 1,000 1st & ref 5 s ________________ 1964 F A 99 Vs 3,000 15,000 First & ref sinking fund 5s__ 1974 F A Lex Av & Pav F’y 1st gu g 5 s .. 1993 M S 60,000 Liggett & Myers Tobacco 7s__ 1944 A O 5 7 ,6 6 6 122 Registered___________________ A O 117% 56,000 236,000 103 Vs 5s____________________ _____ 1951 F A Registered___________________ F A 527,000 465,000 104 Liquid Carbonic Corp 6s______1941 F A 789,000 Loew’s Inc deb 6s with warr’ts.l947i A O 334,000 lOIVs 17,000 Lorillard (P) Co 7s___________ 1944: A O 29,000 1 1 6 % 114 Registered___________________ ]A O 34,000 ......................., ___1951 |F A 39,000 90 % 3,000 Registered______________________ F A ------M N 129,000 Louisv U<»o oc n.i lot <&ref 6s__ 1952 142,555 99% 8,000 Louisville Ry 1st cons 5s______ 1930 J J 29,000 93 % 164,000 LowerAustrianHydro-Blec 6% sl944 F A 92,000 89 Vs 104,000 Manati Sugar 1st s f 7% s______ 1942 A O 181,000 104% 312,000 266,000 68 % Manhattan R y (N Y) con g 4s. 1990 A O 12,000 2,000 57 2d 4s______________________ 2013 J D 46,000 93 % Manila El Ry & Lt 1st 5s______1953 M S 112,0 0 0 229,000 97 Market St Ry 1st 7s_____Apr 1940 Q -J 21,0 0 0 23,000 107% Metropolitan Edison 1st 6s B ..19 52 39,000 63,000 10 0 % 1st & ref 5s Series O ________ 1953 J J 6,000 Metropolitan Power 1st 6s A ..19 53 J D 19,000 105 6,000 20,000 76% Met west Side Elev (Chicago) 4s ’38 F A 162,000 123,000 104% Mid-Continent Petrol 1st 6%s-194Q M S 546,000 570,000 97% Midvale St & Ord conv s f 5 s ._1936 M S 14,000 24,000 98% Milw El Ry & L tref & ext4%s_1931 J J 145,000 29,000 99% General & refunding 5s A __ 1951 J D 271,000 199,000 98 1st & ref 5s ser B __________ 1961 J D 42,000 25,000 99% Milwaukee Gas Lt 1st 4s______ 1927 M N 181,000 88,000 1 0 1 % Montana Power 1st & ref 5s A.1943 J J 25,000 Mont Tram 1st & ref A 5s_____1941 J J 33,000 98% 81,000 8,000 98% General & refunding 5s A __ 1955 ____ 335,000 Morris & Co 1st s f 4 % s______ 1939 J J 92,000 8 6 % 2,000 81 Mortgage-Bond Co 4s ser 2___1966 A O 9,000 10-20-year 5s series 3 ______ 1932 J J 53,000 96% 31,000 79,000 96 % Murray Body 1st 6 % s________ 1934 J D Mutual Fuel Gas 1st gu 5s____ 1947 M N 7,000 1 0 1 % 2,000 3,000 1 0 1 % Mutual Union Tel 5s__________1941 M N 170,000 329,000 61% Nassau Elec guar gold 4s____ 1951 J J 29,000 59,000 1 0 1 % National Acme 1st 7 % s_______ 1931 J D 266,000 National Dairy Prod 6% notes. 1940 M N 323,000 1 0 0 % 8,000 101 Nat Enam & Stp 1st 20-yr 5s. .1929 J D 99% Nat Starch 20-year deb 5s____1930 J J National Tube 1st 5s_________ 1952 M N 29,000 22.000 103% 6,000 11,0 0 0 1 0 2 % Newark Con Gas 5s__________ 1948 J 43,000 12 1,0 0 0 103 New England T & T 30-yr 5sA 1952 J D 545,000 809,000 95% 1st g 4 Ms SeriesB__________ 1961 M N 6,000 N Y Air Brake 1st conv 6s____1928 ___ 50,000 1 0 1 % 299,000 83,000 95% New Orleans P S 1st & ref 5s A . 1952 A O 98,000 1st & ref 5s B . .........................1952 J D 122,00 0 95% 24,000 34,000 85% N Y Dock 50-year gold 4 s ___ 1951 F 113,000 103,000 115% N Y Edison 1st & ref 6 % s___ 1941 A 66,000 83,000 104 1st lien & ref 5s B __________ 1944 A 26,000 Y Gas El Lt Ht & Pow 5 s ...1948 J 45,000 106 38,000 Purchase money coll tr g 4s_l949 F 32,000 92% N Y L E & W Coal & RR 5 % s.l942 M 101 1,000 Dock & impt ext 5s_________ 1943 J N Y Queens E L & P 5s............ 1930 F 6,000 8 ,66 6 10 1 New York Rys 1st & ref 4s____ 1942 J 4,000 Trust Co certfs of deposit__________ i ,666 Adjustment income 5s, Jan 1942 A O 11 ,0 0 0 Trust Co certfs o f deposit_____ 241,666 321,000 29 N Y Rys Corp Inc 6s______Jan 1965 644,000 1,956,000 85 Prior lien 6s ser A __________ 1965 6,000 N Y & Rich Gas 1st 6s A ______ 1952____ 2 1,0 0 0 1 0 2 % 140,000 N Y State Rys 1st cons 4 % s ..l9 6 2 M N 31 ,000 54 15,000 1st con 6 % s ser B __________ 1962 24,000 71 24,000 New York Steam 1st 6s_______ 1947 81,000 105% N Y Tel 1st & gen s f 4 % s____ 1939 M N 304,000 156,000 98% 30-year debenture 6s________1949 F 81,000 106,000 1 1 0 % 20-year refunding 6s gold___ 1941 A 175,000 83,000 108% 18,000 Niagara Falls Power 1st 5s____ 1932 J 19,000 1 0 1 % Refunding & gen 6s____Jan 1932 A 33,000 11,0 0 0 105 Nlag Lock & Ont Pow 1st 5s A . 1955 A 115,000 75,000 1 0 1 % No Amer Cement deb 6% s A . .1940 M 119,000 87,000 94 165,000 146,000 104% North Amer Edison Co 6s A . . 1952 M 120,000 8ec s f g 6% s series B _______ 1948 M 86,000 105% 85,000 Nor Ohio Trac & Lt gen Sc ref 6s 1947 M 60,000 96% North States Power 5s A _____1941 A 129,000 115,000 1 0 0 % Registered_________________ A 98% 1st & ref 6s series B ________ 1941 A 26,666 48,000 104% 4,000 98 Northwest Teleg 1st 4% s_____1934 J 30,000 Ohio Public Serv 1st & ref 7%s_1946 A 22 ,6 6 6 115 22,000 23,000 114% 1st & ref 7s series B ________ 1§47 F 68,000 Ohio River Edison 1st 6s_____ 1948 J 44,000 105% 23,000 Old Ben Coal 1st g 6s________ 1944 F 17,000 91 6,000 Ontario Power N F 1st 5s_____ 1943 F 14,000 1 0 1 % Ontario Transmission 1st 5s___ 1945 M 3,000 10 0 % ''His Steel 1st 20-year 8s______ 1941 F 383,666 Otis Steel ser g 6s ser A _______ 1941 M 234,666 93% Pacific G & E gen & ref 5s____ 1942 J 99,000 158,000 1 0 0 % 49,000 Pacific Pow & Lt 1st & ref 5s._l930 F 42,000 1 0 0 % 55,000 Pacific Tel & Tel 1st 5s_______ 1937 J 53,000 1 0 2 % 93,000 30-year 5s series A __________1952 M 45,000 1 0 1 % 712,000 Pan-Am Pet & T Conv s f 6s__l934 M 458,000 105 1st lien 7s__________________ 1930 F 30,000 19,000 104% 258,000 118,000 98 Paramount B ’way 1st 5 % s____ 1951 J 108,000 116,000 93 Park-Lexington leasehold 6%s_l953 J pater8on Sc Passaic G & E 5s_-1949 M 6,000 1 0 2 % 368,666 185,000 99% Penn Dixie Cement 1st 6s A ___1941 M 2.000 113% People’s Gas & Coke 1st 6s___ 1943 A 136,666 Refunding gold 5s___________1947 M 142,000 102 ! 62,000 107,000 103% Phila Company 1st & ref 6s___ 1944 F 90,000 15-year conv deb 5% s______ 1938 M 46,000 10 0 % 40,000 26,000 10 1 Phila & Read C & I ref 5s_____ 1973 J Pierce Arrow deb 8s___________1943 M S 63,000 27,000 108 1,000 Pierce Oil Corp s f 8s__________1931 J 3,0001 1 0 1 % Pillsbury Flour Mills 20-yr 6s.l943 A 21,0 0 0 19,000 1 0 2 % 99% Pleasant Valley Coal 1st 5s___ 1§28 J 91% Pocahontas Con Coll 1st s f 5s. 1957 J 10,000 12 ,6 6 6 Port Arthur Canal & Dock 6 s..l9 5 3 F 12,000 3 7 ,000 : 105 8,000 1st mtge 6s Series B ________ 1953 F 4,000 104% 29.0001 41,000 !101% 21 BONDS-STOCK EXCHANGE RECORD Ask. Sale Sale Sale 105% Sale Sale Sale 93% Sale Sale Sale Bid. 95% 105 103% 104% 10 2 % 98% 103% 93% 103% 124% 83 83% 102 10 1% 101 10 2% Sale Sale Sale 99% Sale 10 0 % Sale 104% 10 0 % 98% 102 10 1% 97 96% 10 0 % JANUARY. 10 1 99% 99% 10 0 % 10 0 % 10 0 % RANGE FOR YEAR Lowest. Jan 31. Ask. Sale Sale Sale 104% Sale 99 Sale Sale 90% 105 103% 104% 106% 98% 101% 93% 103% 105 Sale 124% 84% 83 Sale 83 Sale 101% 112% Sale 101 Sale 102 Sale 99% Sale 100% Sale 104% 99% 102 101% 97 101 1 0 0 % 99% 101 99% 1 0 0 % 99% 100% Highest. Prices. Jan. 8 Jan. 26 Jan. 4 Jan. 20 Jan. 4 Jan. 3 Jan. 28 Jan. 21 Jan. 11 Jan. 3 Jan. 27 Jan. 21 Jan. 24 Jan. 6 Jan. 25 Jan. 4 Jan. 4 Jan. 29 Jan. 19 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 95% 109% 104 105% 107% 99% 105% 93% 103% 125 86 86 102 113% 104% 103% 101 101% 105 20 101% 8 97 14 14 100% 15 100% 10 99% 24 100% Lowest. Prices Jan. 31 Jan. 7 Jan. 17 Jan. 13 Jan. 7 Jan. 13 Jan. 20 Jan. 4 Jan. 11 Jan. 18 Jan. 3 Jan. 3 Jan. 31 .Tan. 13 Jan. 5 Jan. 19 Jan. 26 Jan. 4 Jan. 3 Jan. 13 Jan. 8 Jan. Jan. Jan. Jan. 17 25 10 24 1 2 2 % 1 2 1 % Sale 120 Sale 102% Jan. 7 103% Jan. 22 104 Jan. 101 Jan. 117% Jan. 3 108% Jan. 19 4 104% Jan. 29 6 120 Jan. 25 117% 102 Sale 99 T4 Sale 108% Sale Sale 104% Sale 118% 118 119 10 0 % 100 97% 100 95% Sale Sale Sale 60 95% Sale Sale Sale 106% Sale Sale Sale Sale 100 Sale Sale Sale 98% Sale 86% 97% 96% 103 Sale Sale Sale 102 101 104 103 Sale 102 Sale 96 Sale Sale Sale Sale Sale Sale 100 " Sale 95 95% 105 70% 63 95% 96% 106% 108 105% 78 105% 98% 98% 99% 98% 99% 10 1% 99% 99% 89% 81 97 97% 10 1% 95% Sale Sale Sale Sale 96 Sale Sale 108% 105% 78% Sale Sale 98% Sale Sale Sale Sale 99% Sale Sale 97% Sale 102 61% Sale 99 97% 99% 94 89% 104% 67% 60 93% 96% 105% 100 105% 76 104% 97% 98% 99% 98 99% 101% 98% 99% 86% Jan. 28 122% Jan. 14 .Tan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 18 24 4 5 3 3 5 5 6 4 12 5 17 4 4 3 3 19 3 3 31 3 12 5 100% 97% 100% 96 95% 105% 71% 63 96 97% 108% 100% 105% 80 105% 99 99 100% 100 100 102% 99% 100 89% 96% Jan. 17 98 96% Jan. 8 98 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 101% Jan. 11 101% Jan. 61 Jan. 25 62% Jan. Jan. Jan. Jan. 10 0 % Sale 100% Jan. 25 102 Jan. 3 102 1 0 1 % Sale 100 101 1 0 2 % 102 Jan. 7 102 99% 101 104 10 2% 103% 96% 10 1% 95% 96 85 115% 103% 106% 92% 101 % Sale 103% Sale Sale 10 1% Sale Sale 85% 115% 103% Sale 103% 102% 103 95% 101 % 95% 95% 84% 115% 103% 106 92% Jan. 5 104% Jan. Jan. 4 102% Jan. Jan. 5 103% Jan. Jan. 3 96% Jan. Jan. 22 102% Jan. Jan. 4 96% Jan. Jan. 5 96% Jan. Jan. 5 85% Jan. Jan. 10 116 Jan. Jan. 18 104 Jan. Jan. 3 106% Jan. Jan. 3 93 Jan. 101 % Jan. 101 Jan. 8 101% Jan. Sale 10 1 10 Sale 85% 103 Sale Sale Sale Sale Sale Sale 10 1% 105% Sale Sale Sale Sale Sale Sale 9% 28% Sale 83% 84% 102 10 2 % 57% Sale 78% Sale Sale 106 98% Sale 1 1 0 % Sale 108% Sale Sale 101 104% Sale 10 0 % Sale Sale 93 106% Sale 105% Sale 95% 96 10 0 % Sale 28 84 102 53% 71 105% 98% 110% 108% 100% 104% 100% 92% 104% 105% 95% 100% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 98% Sale 115 Sale Sale Sale 10 0 % 105 97% 115% 115 106% 91 101 % Sale 98% 115% Sale Sale 93% Sale 104% 98 114% 114 105% 91 101 % 100% Jan. 3 105% Jan. Jan. 4 98% Jan. Jan. 5 115% Jan. Jan. 14 115 Jan. Jan. 3 106% Jan. Jan. 3 91 % Jan. Jan. 18 102 Jan. Jan. 7 101 Jan. Sale Sale 10 0 % Sale Sale Sale 105% Sale Sale 103% Sale 93% 100 99% 102 101 % 104% 104% 98 90% Jan. 3 96% Jan. 31 100% Jan. 7 101 % Jan. 5 102% Jan. 3 103 Jan. 3 106 Jan. 4 105% Jan. 3 100% Jan. 7 93% Sale Sale Sale Sale Sale Sale 105 Sale Sale 103% Sale 103 67 3 101% Jan. 8 10 1 95 10 0 % 10 0 % 10 2 % 10 2% 106 105% 10 0 % 91% 10 2 % 99% 113% 1 0 2 % 1 0 2 % Sale Sale 103% Sale 101 % 10 0 % Sale 102 Sale 101 108% 105% 106% 103 10 0 % 102 104 103 105 99% Jan. 102 103% 100% 100 104% 103% 102% 92% 91% 92% 91% Sale 105 Sale 105 105 105% 104% Sale 100% 101% 100% Jan. Jan. Jan. Jan. Jan. Jan. Jan. 28 27 18 3 3 3 3 3 3 31 29 27 29 6 5 4 29 30% 85% 102% 59% 82 106% 99% 111 109 101 % 105% 101% 95% 106% 106% 96% 101% 3 101 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan 6 102% Jan. 11 104% Jan. 4 101% Jan. 6 102 Jan. 14 107% Jan. 11 103% Jan. 13 103% Jan. Jan. 10 92% Jan. Jan. 3 105% Jan. Jan. 14 104% Jan. Jan. 11' 102 Jan. 1926. Highest. Sale Prices1 Sale Prices. Dec. 28 Dec. 27 91 90 June 18 Jan. 4 116 Aug. 16 100 X Jan. 7 104 101 % Jan. 2 10646 M ay 12 Apr. 29 107 16 Jan. 9 105 96 % Oct. 20 9946 Dec. 13 Feb. 3 102% Dec. 3 108 Feb. 4 9446 Dec. 13 90 Jan. 7 104 June 30 102 119% Oct. 23 129 Dec. 27 77 % Jan. 14 83 Dec. 31 Sept. 22 77 % Mar. 22 89 Oct. 29 98 Vs Apr. 5 103 Feb. 10 112 Oct. 25 106 Jan 2 101% Sept. 17 107 Sept. 3 10516 Sept. 7 100 5 10046 Dec. 20 9 6 % Jan. 100 M ay 3 10346 Aug. 21 Apr. 10 102 % Jan. 2 105 Sept. 20 100 June 25 97 10046 Mar. 24 10146 Aug. 24 9446 Sept. 13 9616 Dec. 28 Dec. 10 10146 N ov. 27 101 Dec. 6 9946 D ec. 20 101 N ov. 19 99 June 14 101 9946 Dec. 6 10046 Dec. 27 9946 Dec. 23 9946 Dec. 3 39% Feb. 3 4046 Feb. 10 Jan. 6 12646 Jan. 27 118 Jan. 26 120 46 May 20 122 9996 Mar. 10 10346 M ay 22 July 8 99 46 Sept. 18 100 N ov. 19 Oct. 20 107 98 Dec. 13 9846 N ov. 51 102 11546 Jan. 13 12146 June 28 11846 June 21 11846 June 21 10246 June 29 9846 Jan. 100 28 24 7 97 % Jan. N o v . 17 101 12 89 46 Apr. 96 Aug. 21 29 8246 M ay Dec. 15 90 22 9346 June 10546 Dec, 13 20 5946 Jan. 69% M a yf.2 7 31 53 Jan. June' 5 63 11 89 46 Jan. Oct. 1 98 25 9446 Dec. 9946 Feb. 16 17 l04 Jan. 10846 Oct. 9 17 9646 Jan. 10146 Apr. 28 17 10246 Jan. 10646 Oct. 21 21 7146 Jan. Dec. 28 76 28 10146 Jan. 10546 Sept. 13 7 9246 Jan. 98 M ay 11 13 9646 M ay 99 Jan. 14 7 9846 Dec. 10146 N o v . 3 18 9046 Jan. 9846 Dec. 31 12 99 Jan. 99 46 June 17 14 9946 Jan. June 12 105 11 9646 Apr. Dec. 20 99 15 9246 Jan. 9446 Dec. 20 18 84 Apr. Jan. 29 88 M ay 7 81 80 Feb. 25 9646 Feb. Feb. 8 98 20 8346 Mar. 9746 N o v . 24 June 17 103 96 46 Sept. 11 100 M ay 10246 Jan. 27 17 5846 Jan. 6494 Feb. 19 5 98 Apr. 10246 N o v . 15 15 9546 Mar. 10046 Sept. 7 7 100; Apr. 103 Jan. 7 993 June 10346 Sept. 1 11 101 46 Jan. 104 4-2 Sept. 14 28 10046 Mar. 103 46 June 21 25 100 46 Jan. 103 46 Dec. 15 17 9246 July 9546 N o v . 24 12 10046 Mar. June 14 103 18 9046 Jan. 9646 June 25 19 9046 Jan. 9646 Apr. 26 3 8146 Jan. 8646 Apr. 28 4 _15 Mar. M ay 21 118 3 102 Jan. 10446 M ay 24 21 104 Jan. 10646 Dec. 17 27 8946 Jan. 9246 Dec. 14 July 16 101 101 July 8 10146 Jan 10246 M ay 26 7 10046 Jan. 10346 Jan. 22 52 Jan. 6746 Dec. 27 62 46 Jan. Sept. 9 446 Oct. 1046 Feb.. 8 346 Jan. 1046 Feb. 6 6 22 Jan. Apr. 30 37 4 81 46 Oct. 8846 M ay 8 15 0046 Mar. 10346 Oct. 8 26 49 Oct. 5946 Feb. 5 26 60 82 Feb. 17 Oct. 16 10146 Mar. 10546 N o v . 16 22 97 Jan. 19, 9946 N o v . 1 31 10946 Jan. 11146 Apr. 28 24 10746 Jan. 10946 Mar. 9 14 10046 Feb. 103 Apr. 23 13 0446 Mar. 10646 Feb. 1 3 99 Jan. 10146 June 2 17 94 100 Jan. 9 Dec. 29 10146 Jan. 10646 N o v . 22 14 103 46 Jan. 106 Jan. 13 19 9246 Jan. May 26 99 11 M ay 11 101 97 46 Jan. 99 July 99 41 Sept. 15 4 104% July 106 >6 Apr. 28 5 9646 Jan. 9846 N o v . 30 29 112 July 116% Sept. 23 25 11046 Jan. 119 Aug. 24 14 10146 Mar. 10646 June 14 17 88 M ay 97 46 Jan. 2 25 9946 Mar. 10246 M ay 25 28 9946 Jan. M ay 10 101 10516 Jan. 10846 Feb. 18 19 9346 Dec. 9446 N o v . 26 3 97 % Jan. 10146 Dec. 7 17 99 46 Jan. 10142 Sept. 13 18 10046 Sept. 10256 Apr. 22 11 98 46 Jan. 10246 Apr. 16 31 104 Mar. 11246 Jan. 4 17 10346 Mar. 107 Vs, Feb. 17 18 9246 Apr. 9846 Dec. 2 10 8546 Jan. 96 Mar. 11 ion Jan. 10246 Aug. 4 14 9946 Dec. 9946 Dec. 10 1104* Mar. 11446 Dec. 16 13 9836 Jan. 103 46 June 18 4 10246 Sept. 10546 Apr. 28 26 9846 Jan. 101 46 Apr. 27 27 9946 Mar. 10246 M ay 11 6 103 Mar. 109 Aug. 23 11 99 Sept. 107 46 Jan. 18 20 101 46 Apr. 10446 Mar. 26 M ay 8 100 9846 Jan. 7 9046 Jan. U3 Apr. •. 2J 22 14 102 Jan. 3. 13 105 46 Dec. 25 10146 Feb. 10546 Mayy 25 22 99 Jan. le l 3 104 June [Vol. 1:24. BONDS—STOCK EX CH A N G E RECORD %'A BONDS N. Y. STOCK EXCHANGE. Sales in Jan. 1927. Par Value. Portland Gen Elec 1st 5s_____1935 J J Portland Ry 1st & ref 5s______ 1930 M N Portland R y, L & P conv 5s__ 1942 P A 1st Hen & ref 6s series B ____1947 M N 1st & ref 7 %s series A ______ 1946 M N Porto Rico Amer Tobacco 8 s ..1931 M N Pressed Steel Car 10-year 5s__ 1933 J J D Prod & R ef 8s with warrants..1931 D Without warrants A Pub Serv Corp N J sec g 6s__ 1944 O Public Serv E & G 1st 5 Ms____1959 1st & ref 5 Ms______ _______ 1964 O o Public Service Elec Lt s f g 6s. .1948 Punta Alegre Sugar 1st conv 7s. 1937 J J Rand Kardex Bureau 5 Ms____ 1931 ttemlngton Arms 1st s f os____ 1937 M N Republic Iron & Steel s f 5s__ 1940 A O R ef & gen 5 Ms A __________ 1953 J J Rheinelbe Union 7s with w ar..1946 J1 J Without stock purch war____ 1946 J J Rhine-Main-Danube deb 7s ser A '50 M S Rhine-West ElecPower 7s_____ 1950 M N Rlma Steel 1st 7s_____________ 1955 F A Robbins & Myers 1st s f 7s____1942 .T D Rochester Gas & El 7s ser S ..19 46 M S Gen Mtge 5 Ms series O_____ 1948 M S Roch & Pitts C & I pur mon 5s. 1946 M N Rogers-Brown Iron 7s________ 1942 M ‘N Stamped________________________ M N Sales in Dee. I 926. Par Value. PRICES Jan. 3. S 34.000 13.000 34.000 19.000 11.000 Ask 10,000 39.000 27.000 40.000 23.000 Bid. 100M 94% 91 Vs 100 106 M 40.000 3.000 5.000 146.000 19.000 56.000 56.000 43.000 108.000 116,000 37.000 259.000 431.000 670.000 114.000 189.000 82.000 57,000 94 M 111M 110 % 104 105 105 106M 1.000 15,000 6,000 1,000 1,000 5.000 134.000 77.000 59.000 23.000 107.000 54.000 367.000 62.000 189.000 287.000 314.000 82,000 74.000 75.000 6.000 14.000 5,000 6,000 34,000 41,000 95 % 97 % 75 % 95 M 27.000 106M 268,000 101M 54.000 99 M 153.000 100 15.000 107M 13.000 108 37.000 i 95 459.000 99 60.000 101 M 330.000 97 % 622.000 100 % 436.000 9 2 ; 2 422.000 100 % 169.000 136.000 243.000 360.000 36.000 265.001 265.000 156.000 172.000 102.000 79.000 103 Vs 100 105 M 65 M 63 % 97 M 97 M 98 M 98 % 108M 98 % 102M 98M 67 99M 189.000 2,000 108.000 162,000 Ujigawa Elec Power 7s_______ 1945 M Undergr’d o f London 4M s_____ 1933 J Income 6s__________________ 1948 J J 10,000 Union El L & P 1st g 5s_______ 1932 M S 36.000 Refunding 5s_______________ 1933 M N 33.000 1st gold 5 Ms series A _______ 1954 J J 18.000 Union Elev Ry Chic 1st 5s___ 1945 6 ,0 0 0 Union Oil Cal 1st 1 5s_________ 1931 9,000 30-yr6sS erA _______ M ay 1942 108,000 First lien s f 5s Ser C Feb 1 . .1935 110,000 United Drug g 6s_____________ 1944 49.000 United Fuel Gas 1st s f 6s_____1936 J J 38.000 United Rys St L 1st g 4s_____ 1934 J J 149,000 United Steamship 15-yr 6s____ 1937 M N| 23,000, United Stores Realty 6s_______ 1942 A O U S Rubber 1st & ref 5s Ser A . 1947 J J 1,005,0001 Registered___________________ J J 207.000 10-year 7M s_______________ 1930 F A 470.000 U 8 Steel Corp s f g 5s__ Apr 1963 M N 3,000 Registered______________________ 258.000 Utah Light & Trac 1st & ref 5s_1944 241.000 Utah Power & Lt 1st 5s_______ 1944 Utica Elec Lt & Pr 1st 5s____ 1950 17.000 Utica G & El ref & ext 5s____ 1957 66.000 Vertientes Sugar 1st s f 7s___ 1942 1,000 Victor Fuel 1st s f 5s_________ 1953 1,000 Va-Car Chem 1st 7s__________ 1947 12,000 Stp’d as to pay't of 40 % 1st 7s 1947 Certificates of deposit asstd Ctfs of deposit stamped____ 76.000 Va Iron, Coal & Coke 1st g 5s. 1949 M S 43.000 Virginia Ry & Pow 1st 5 s ___ 1934 J J 51.000 Walworth Co 6Msser A (with war)’35 A O 463.000 1st s f 6s ser A ________ '_____ 1945 A O 759.000 Warner Sugar Ref 1st 7s______ 1941 J D 277.000 Warner Sugar Corp 1st 7s_____ 1939 J J 8,000 Wash Wat Pow 1st 30-yr 5s__ 1939 J .1 1 ,000 Westchester Light gold 5s_____ 1950 J D 25.000 West Ky Coal 1st 7s_________ 1944 M N 17.000 West Penn Pow 1st 5s Ser A __ 1946 M S 7,000 1st 5s Series E ______________ 1963 M S 20.000 1st g 5Ms Ser F _____________1953 A O 445.000 1st secured 5s series G ______ 1956 J D 21,000 West Va Coal & Coke 1st 6 s ..1950 J J 166.000 Western Electric deb 5s_______ 1944 A O 69.000 West Un Coll tr cur 5s________ 1938 J J 26.000 Fund & real est 4Ms g ______1950 M N 41,000 F A 15-year 6 M sg ______________ 1936 489,000 Westinghouse E & M 7s______ 1931 M N MN Registered 1946 Temporary 5s_____________ _1 7• TT_ Pl T >__ L'l/^ 1 eA M ATNS C 342.000 M Westphalia Un T El Pow 6 Ms 1950 304.000 Wheeling SteelCorp 1st 5 Ms— 1948 J J 94.000 White Sewing Machine deb 6 s .1936 J J 19.000 Wick wire-Spencer Steel 1st 7s .1935 J J 173.000 M N Wickwlre Sp Steel Co 7s..Jan 1935 60,000, Willys-Overland 1st s f g ______1933 M S 105.000 Wilson & Co 1st s f 6s------------ 1941 A O 29.000 Winchester Rep Arms 7M®___ 1941 A O 346,000' Vormcs'n ‘ahent At Tube 6a . 1943 ,i 01. un- basis of S5 to the £ sterling, c First 96 111 Bid. 100% 95 93 M 100 M 106 M Ask 102 95 M 94 % 100 % Sale 12,000 198.000 21,000 50.000 18.000 94,000 165.000 47.000 1,000 115.000 234.000 1,259,000 179.000 428.000 289.000 137.000 121.000 8,000 62.000 34.000 37.000 97 M 95% 97 % 75% 95M 105M 101M 100 M 100 Sale 99M Sale 107 M 108 107M Sale 95 Sale 98M Sale 101M Sale 97% Sale 100M Sale 92M Sale 100M 78 % 95 % 107 Sale 92 M Sale 101 % 109 103 100% 103 % 99 M 87.000 100 % 41.000 102 % 332,00C 101 Vs 56.000 100 36.000 99 32.000 100 32.000 102 % 2,000 96 M 96 % 97 M 76 78 95% 95 % 106M 105 M Sale 103 M 100 M 100 Sale 100 Sale 108 M Sale 107 K 95 M 96 M Sale 100M Sale 103 M Sale 101 Vs Sale 101M Sale 100 % ‘ ale 100 % 94% Sale 104 102 107 % Sale 102 n Sale 101M Sale i 03 M Sale 100 100 Vs 100 102 n Sale 102 Vs Sale Sale 100 Sale 99 h 99 M 99): 101 Vs Sale 103 % Sale Sale 100 V 102M 105 Sale Sale Sale Sale Sale Sale Sale Sale Sale 99 103 Sale Sale Sale 104 M 100 105 M 65 M 63 M 98 99 98 M 98 Vs 107 % 99 M 102M 98 % 59 Vs 100M 99 Sale 98 % 99 96 M 99 Vs 96 97 Vs 101M 101 M 101 Vs 83 M 101M 108 % 99 M 107 103M 76 M 92 M 104M 90 M 105 M Sale Sale Sale Sale 98 M Sale Sale Sale Sale Sale H IM 105M 106 105 M 107 % H IM 163 96 101Vs 100 126 104M 104 M 105 98 63 112 M 106 M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 95 102M 109 103 M 102 103 Vi Jan. Jan. Jan. Jan. Jan. Jan. 100 102% 101 % 99 99M 100 102% Jan. Jan. Jan. Jan. Jan. Jan. Jan. 100 Vs 103M 102% 100M 100M 101M 102M Jan. Jan. Jan. Jan. Jan. Jan. Jan. 104 100 105 M 63 62% 97 97 Vs 98 98 Ys 107 % 98M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 105% 101 M 105M 66 M 65M 98M 99 Vs 98 M 98 M 108 % 99 M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 99 M Jan. 67 Jan. 100H Jan. 98M Jan. 100 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 102 101M 102M 84M 102 108 M 99 Vs 107M 103M 77 93M 105 96M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 106M Sale 106 Jan. 69,000 106 425.000 107 M Sale 107M Sale 107M Jan. 106M Jan. 3,000 93Vs Jan. 141.000 93 Vs Sale 94 M Sale 98 Jan. 104.000 98% Sale 98 M Sale 103 102M 48,000 102 M Sale 102 M 103 102M Jan. 99M Jan. 99 Vs Sale 132,000 100 Sale Sale 57 56M Jan. 99M 100 107 107M Jan. 110 107 M 107M Jan. 11,000 107 107M 2,000 107 107 M 107 94 M 99 Vs 99 % 94Vs Jan. 2,000 94 M 98M Jan. 40.000 99 M Sale 99M Sale 93 94 46.000 93 93 M 92 Jan. 93M Jan. 42.000 95 99 M 95 M Sale 91 M Jan. 260,000 91 Vs Sale 103 M Sale Sale 78M Jan. 92 Vs Sale 315.000 80 102% Jan. 12.000 102% 103 M 92 M 93 102M Jan. 12,000 102 M Sale 103M 101 Vs Sale 101M Jan. 18,000 102 M 71.000 100M Sale 100% Sale 100M Jan. Sale 100M Jan. 41.000 100M Sale 101 105 Sale 105 Jan. 17.000 105 M 123.000 100M Sale 100 Vs Sale 100M Jan. 79 81 79M 79 Jan. 99.000 79 119.000 101% 102 102M Sale 101M Jan. 101 % Jan. 103.000 101M Sale 103 Vs 98M Jan. 99 % Sale 114.000 98 M 99 Sale 111M Jan. 175.000 H IM 111% 112 316.000 101 M Sale 102M Sale 101 M Jan. 106M 107 % 106M 95 99M Jan. Jan. Jan. Jan. Jan. 102M 100 57 107 M 107% Jan. Jan. Jan. Jan. Jan. 12,000 47.000 65.000 7.000 65.000 43.000 77.000 72.000 7.000 32.000 26.000 50,000 693,000 101 M 102 101 M 102 M 82 M 101 M 107M 99 M 106M 103 77 90 104 95 501.000 231.000 245.000 51.000 41.000 54.000 224.000 41.000 229.000 paid, 96 % 97 97 % 51M 44 101 % 101% 104M 104 101 M Sale 83 101 % 108% Sale 107 M Sale 77 Vs Sale 104M Sale Sale Sale Sale Sale 45 102 Sale Sale Sale 102 101 % Sale 83 M 102 109 99 M 107 M Sale 77 % Sa'e Sale Sale 98 M Sale 98 M Sale Sale 99 50 Vs 50 40 M Sale 102 Sale 102 M Sale 105M Sale 104 M Sale 101M 101 M 101M 83 101 M 108% 99 107 102M 76M 90 104M 94% 91 % Jan. 97 M Dec. 17 Aug. 6 95 % June 81 Vs Feb. 5 75 Nov. June 18 98 95% Feb. 101 Vs Jan. 106M June 23 Sept. 15 no 99% Jan. ov. 9 98 M Dec. 100M N Dec. 30 98M Dec. 4 100 M ar; 17 107% Jan. 21 109 106% Jan. 7 108M Jan. 27 91 M Jan. 2 98 M Aug. 11 Dec. 17 95 % Nov. 26 99 100'M Dec. 31 101 Vs Dec. 31 93% Jan. 41 99 Vs July 13 99M Nov. 30 113 % Jan. 2 87 Jan. 2 94 M July 7 101 M M ay 25 100M Apr. 101M June 9 100M Mar. 94 % Sept. 13 87 Jan. 102 M Jan 22 100 July 105M Sept. 109M Apr. 23 101 M Jan. 103M Apr. 16 N ov. 26 103 97M Jan. 100M Jan. 103M Dec 28 100 Vs N ov. 30 99M Apr. 98% Feb. 101 4 Apr. 28 97Vs Jan. 102M Dec. 29 Dec. 21 102 101 M Dec. 99 % Oct. 101 M Aug. 7 100 Mar 1? 89M -Tan. 95 Jan. 100M Dec. 10 Dec. 17 103 100 Mar. 96Vs Jan. Jan. Jan. 97M Jan. Jan. 78M Jan. Jan. 95M Jan. Jan. 107M Jan. 104 Jan. Jan. Jan. 101M Jan. Jan. 101 M Jan. 108M Jan. Jan. 108 Jan. Jan. 96Vs Jan. Jan. Jan. 101M Jan. Jan. 104M Jan. Jan. 101 Vs Jan. Jan. „ 1 0 1 % Jan. Jan. 3 102M Jan. Jan. 14 101 Jan. 97M Jan. 67 Jan. 99 Jan. 196,000 14 18 11 7 28 6 19 3 6 7 7 31 28 19 24 21 31 19 49M Jan. 13 50 Jan. 13 92M 101M 107M 102% 100M 103M Sale 69 101 96% Jan. 96% Jan. 97M Jan. 51 Jan. 39M Jan. 101 % Jan. 101M Jan. 104M Jan. 103M Jan. Sale Prices. Prices. Jan. 23 102M M a y 1 J u n e 21 Jan. 6 96 Jan. 8 94 % M a y 3 Jan. 4 103 M Aug. 3 M ay 8 108M Mar. 1R Oct. 25 106M Feb. 2 June 10 98 M Jan. 3U 110M Mar. 21 112 % Feb. 3 109 % Jan. 26 112% Apr. 26 100 Jan. 4 104M June 12 103M June 1 106M Sept. 16 103 Vs Jan. 2 105M Mar. 23 Oct. 20 106 , Jan. 8 109 104 Mar. 31 111% Dec. 15 129M Dec. 27 130M Dec. 24 Dec. 22 80 M Apr. 30 97 97 % Jan. 19 101M Dec. 20' Dec. 23 92 M Feb. 26 100 95 M M ay 24 119M Dec. 31 93 Aug. 7 99 % Dec. 31 Dec. 9 98 Aug. 9 103 95 M ay 27 102M Dec. 17 Dec. 10 Apr. 1 94 88 Oct. 29 54 Sept. 29 77 Jan. 27 July 17 114 111 Jan. 13 104 Vs M ay 1 106 90 % Sept. 29 90 M Aug. 21 50 S ep t.11 73% Mar. 9 Dec. 9 65 M Apr. 30 49 Sale Sale Prices 101 Jan. 14 99 % 97 Jan. 13 92 Vs 93Vs Jan. 24 88% 101M Jan. 25 99 106% Jan. 6 105% 104 % 8 96M Jan. 20 94 Sale Prices. 100% Jan. 4 94M Jan. 26 91M Jan. 3 100M’ Jan. 5 106M Jan. 4 ___ 1926. Highest. Highest. Lowest. 95 M 96 M 95M Jan. 112 RANGE FOR YEAR JANUARY. 1 1 0 M _____ 110M Jan. Sale 105 Sale 103% Jan. 106 105 Jan. Sale 105M Sale 105 Jan. Sale 107 M Sale 106K Jan. Sale 110 111 111 110 Jan. 135 145 157 150 130M Jan. Sale 96 Sale 96 95M Jan. 100 Vs Sale 100M Jan. 101M 99 M Sale 99 % 99 % 98M Jan. Sale 125M Sale 118M Jan. 120 99 M Sale 102 Vs Sale 99M Jan. 102M Sale 103 M Sale 102 Jan. Sale 104 M Sale 101 M Jan. 101 93 % 94 96 M 97 % 93% Jan. 67 56 60 61 60 Jan. 111M 111M 112M Sale 111M Jan. 105 % 106M 106 Jan. 105 M 90 M 92 M 90 M 92 M 52 Sale 50 60 49M Jan. 55 50 50 Jan. 49 Vs Sale 7.000 St Joseph Ry, L H & P 1st 5s_. 1937 M N 1.000 St Joseph Stock Yards 1st 4M S-1930 J 26,000 8t L Rky M t & Pac 5s stamped. 1955 J . 3.000 St Paul City Ry Cable 5s_____1937 J 17.000 San Antonio Public Serv 6s__ 1952 J 232.000 Saxon Pub Wks 'Germany) 7s. 194." F A 114.000 Schulco Co guar 6M s_________ 1946 J J 148.000 Guar sinking fund 614s B __ 1946 A 6.000 Sharon Steel Hoop 1st os_____1941 M 18.000 Sheffield Farms 1st & ref 614s.1942 A O 74,000 Sierra & San Fran Power 1st 5s. 1949 F A 485.000 Silesian-Am Corp col tr g 7s__ 1941 F A 585.000 Simms Petroleum cons 6s_____1929 M N 738.000 Sinclair Cons Oh 1st lien 7s__ 1937 M S 650.000 1st lien 6s O with warrants.. 1927 J D 1st lien coll 6 >4s B _________ 1938 J D 1,263,000 191.000 Sinclair Crude Oil Purch 6s A -.1928 F 3-year 6% notes B ..F e b . 15 1926 F 496,000 Sinclair Pipe Line 20-year 5s. .1942 A _ 26,000 Smith (A O) Corp 1st 6 Ms___ 1933 M N 42.000 So Porto Rico Sugar s f 7 s __ 1941 J B 48.000 South Bell T & T 1st s f 5s___ 1941 J J 81.000 Southern Colorado Power 1st g 6s'47 J 90,000 Southw Bell Telep 1st & ref 5s.l954iF ^ Spring Valley Water g 5s____ 1943 M N 5.000 Standard Milling 1st 5s_______1930 M N 9.000 1st & refunding 514s_______ 1945 — Stand Oil (N J) deb g 5s.D ec 15 ’46 F j 1,544,00( 35.000 Stevens Hotel 1st 6s ser A _____1945 J 17.000 Sugar Estates Orieute 7s_____1942 M S 1.000 Superior Oil 1st s f 7s________ 1929 FA1S 33.000 Syracuse Lighting Co 1st g 5s_1951 J D Tenn Coal, Iron & RR gen 5 s ..1951 J J Tenn Copper & Chemdeb 6s ser A '41 A O Tenn Elec Power 1st, & ret os. . 1947 J D Third Ave 1st ref 4 s _________ 1960 J J Adjustment income 5s..Jan 1960 A O Third Ave RR 1st gold 5s_____1937 J J Toho Elec Power (Ltd) 7s Ser A 1955 6% notes__________________ 1929 J J Tokyo Electric Light (Ltd) 6s. 1928 ____ Toledo Edison 1st g 7 s ............ 1941 M S Toledo Tr, L & P 5M % n o te s ..1930 J J Trenton Gas & Elec 1st 5s____ 1949 M S Trumbull Steel 1st s f 6s______ 1940 M N Twenty-third St Ry irup * ref 5s '62 J J Tyrol Hydro-Elec Power 7 Ms. 1955 Ask. 100M 95 M Sale 101M 106M IN Jan. 31. 94H Jan. 99M Jan. 93M Jan. 95 M Jan. 104M Jan. 93% Jan. 102M Jan. 103M Jan. 102 Jan. 101M Jan. 101 M Jan. 105M Jan. 101 M Jan. 80 Jan. 103 Jan. 31104M Jan. 99% Jan. 112 Jan. 102M Jan. 99 M 98Vs 99 55 44M 102% 102% 3jl05M 3 104H d Full p*id. e Part paid, s Optional sale Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7 104% July 16 Dec. 4100% N ov. 20 June 25 Jan. 106 Jan. 66 % N ov. 26 Jan. 65 Vs Feb. 5 May 98% Dec. 28 Jan. 98H Dec. 11 Aug. 24 99 Dec. Mar. 99 M June 29 Aug. 109M Jan. 16 Oct. 29 Jan. 101 102 % June 5 Jan. M ay 99 Aug. 3 M ay 3 Jan. 75 N ov. 19 June 98 102M May 100 102 Ys 55 M 41 M 92 Ys 90 M 97 % 97 107 M 98 100M 94 M 61 94 % 8 Oct. 16 100 Dec. 13 Apr. 15 Feb. 1 96 N ov. 15 Mar. 25 96 Aug. 31 102M Sept. 11 100M Jan. 2 102M June 11 Dec. 17 100M Jan. 2 103 77 M Jan. 30 85 M July 2 100 M Apr. 12 10‘> Sept. 15 100M Mar. 30 108M Dec. 28 95 M Jan. 31 99 % Dec. 18 103 M Jan. 2 107 M June 11 101 M Jan. 4 104M Aug. 17 , 74 M Jan. 12 79 Apr. 10 I 87 M July 19 95 Feb. 6 Jan. 8 106 N ov. 22 103 I 91% Jan. 95M N ov. 17 92 V Sept. 14 92 M Sept. -----14 105M Dec. 18 108M Feb. 6 July 2 108 N ov. 16 ,103 104M July 20 106M Dec. 23 86 M Jan. 19 94M N ov. 15 Jan. 4 99% June 11 95 100 Vs Jan. 21 102M Sept. 22 100Vs Jan. 2 103 Dec. 20 90 M Jan. 9 100 Dec. 30 53 M Feb. 4 64M Apr. 29 105 Mar. 27 110 Aug. 20 104 % M ay 6 111M Aug. 26 104M Mar. 18 110 Aug. 21 106 Vs Jan. 4 108M Jan. 5 91 % Jan. 5 98 Apr. 29 97 M Mar. 4 101 % July 17 June 30 95 Apr. 19 89 91M Mar. 30 97 Aug. 2 79 July 27 100 Feb. 5 56 July 27 88 Vs Feb. 11 101 M Jan. 14 102V June 5 101M N ov. 3 103 % Jan. 15 100 Jan. 21 102% June 30 M ay 22 99 Vs Jan. 19 103 99% Jan. 22 103M June 7 Jan. 13 104 Oct. 5 106 N ov. 17 99 Vs Oct. 1 101 Feb. 13 65 July 25 91 100M Jan. 4 103 % M ay 7 M ay 24 103M Feb. 16 101 96 % Jan. 12,100 Aug. 21 110 % Oct. 25 117M M ay 25 M ay 3 103% Sept. 23 107 105% June 3'105?4 June; 3 Oct. 8,101 % Dec. 3 99 9 3 % N ov. 1 97M Dec. l i Oct. 21 98 Dec. 2o 92 Oct. 1 94 M Apr. 13 101 Oct. 28, 70M Jan. 2\ 46 39 Vs Sept. 10 6 8 M Jan. 2o 101 M Sept. 29I10HM Feb. 16 9 5% M ay 24 101 Vs Dec. I 7 101% Jan. 6 105 Sept. 3 1m u Tan 90 105 Aug. f 96 94 90 100M *Bonds "when Usued.’S £3 STOCKS-STOCK EXCHANGE RECORD F eb ., 1927.] STOCKS— PRICES AND SALES FOR JANUARY AND RANGE FOR YEAR 1926. In accordance with a rule of the Stock Exchange, effective Oct. 13 1915. all stocks are now quoted dollars per share •t ’esare on basis of 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded 1 S T O C K S Y. S T O C K E X C H A N G E Alabama & Vicksburg Far .100 Atchison L'op & a fr’e___ 100 Preferred__________ __ 100 Atlanta Birm & Atl_ -.100 Atlan Coast Line RR. . . 100 Baltimore & O h io.____ .100 Preferred__ . . . .100 Bangor & Aroostook__ .50 Preferred ........ ....... 100 Bkln-Manhat tr ct,fs. ..no par Trust ctfs pref__ no par Buffalo Roch A P itts.. -100 Canadian Pacific.... ....... 100 Canada Southern ICO Centra! RR of N J______100 Chesapeake & Ohio__ .100 Chicago & Alton. ______100 .100 P r e fe r r e d -.__ __ Chic & East 111 RR (new)100 Preferred (new) ____ 100 Chicago Great Western 100 Preferred. . . . 100 onic Milw ix Paui. 100 Certificates_________ 100 Preferred_____ __ 100 Preferred certificates 100 Chicago & North West. 100 Preferred______ ___ 100 Chic Rock Isl & Pac____ 100 7 % preferred- ...... ......100 6% preferred______ .. 100 O O r & st Louis . . . mu Chic St Paul Minn & Om. 100 i iolorado & Southern lot) 1st preferred._______ 100 2d preferred 100 Contin’l RR of Cuba pref 100 Cuba RR preferred .100 Delaware & Hudson . 100 Del Lack & Western...... -50 Denver Rio Gr & W nmf ! Ri> Duluth South Sh & A tl. 100 Duluth S S & Ati P fa. .. 100 Brie..-. _____ ______ 100 First preferred. ___ 100 Second preferred____ 100 Great Northern pref___ 100 Iron ore properties.no par Gulf Mobile & Northern. 100 Preferred_________ 100 Havana Elec R y . . .no par Pref'< rr d rets _ .no por Hudson & Manhattan ..1 00 Preferred__ _______ .100 Illinois Central . ...1 0 0 8% pref series A _____ 100 Leased line s t o c k ___ 100 RR sec stock ctfs _ 100b Interboro Rapid Transit. 100 Int Rys of Cent Amer . .100 Iowa Central----- . . ..100 Kansas City Southern__ 100 Preferred.. . _______100 Lehigh V alley.. ______5u Louisville & Nashville__ 100 Manhattan Ry guar___ 100 Mod guar. _ . . 100 Market Street R y ____100 Prior preferred __ .100 Second preferxed. _. 100 Minneapolis <fc St L ouis..100 Minn St Paul & S 8 M ..1 0 0 Preferred________ ____ 100 ,Io Kan & Texas C o.-n o par Preferred. .1 0 0 Missouri Pacific com ___ 100 Preferred _ lUO Morris & Essex__________ 50 Nat Rys Mex 1st pref__ 100 Second preferred. . .100 New Orl Texas & Mexico.100 New York Central__ ___ 100 N Y Chicago <&St Louis. 100 Preferred.. . .1 0 0 New York & Harlem. . . 50 N Y N H & Hartford...1 0 0 N Y Ontario & Western. 100 N Y Rys pf tr ctfs__ no par New York State R ys___ 100 Preferred ____ ____ __ 100 Norfolk Southern _. . .100 Norfolk & Western____,.100 Preferred__ _____ ____ 100 Northern Pacific_______ 100 Parlfic Coast ___ .100 First preferred_______ 100 Second preferred_____100 Pennsylvania____________ 50 Peoria & Eastern______100 Pere Marquette_______100 Prior preferred_______ 100 Preferred......... ......... 100 Pitts Ft Wayne & ChicpflOO Plttsb & West Virginia.-lOO Reading Company _______ 50 First preferred_______50 Second preferred______50 Rutland RR pref__ ____100 St Louis-San Francisco. .100 Preferred A _______100 St Louis Southwest_____100 Preferred . . ________ 100 Seaboard Air L i n e _____100 Preferred________ 100 SALES. In January. Shares. 200 20 387,300 8,400 11,500 27.100 39,500 151,600 4,000 32,800 1,325 4,850 1,300 512 140 26,175 20 30 2,200 194,800 100 41,700 40 42,600 1,400 6,700 39,100 84,900 10 26,300 22,100 36,900 25,200 89,800 1,300 170,400 4,700 5,600 1.10 300 105: 40 3,300 1,30( 1 ,000 1,700 220 15,100 14.500 30,900 1,900 2,100 66,700 144,500 14,200 10 167,100 73,200 64,800 2,800 2,800 2,300 60 27,300 1,500 10,300 800 10 1,610 28,700 300 150 78,700 2,100 142,700 6.800 500 13,200 100 1,000 300 26,000 2,200 1,400 900 1,195 81,800 33,200 177,500 128,500 SO 600 1,600 500 255,400 13,300 5,100 30 30 535,700 99,700 4,100 50 1,300 200 5,800 22,300 1.C00 153,600 30 200 95-000 13,000 18,300 1.400 9,300 25 45,100 183,600 1,200 3,600 4,100 90,800 2,700 10,900 2.800 55,200 16.700 For Year 1926. Shares. 2,240 1.500 800 2,870,000 82,760 507,500 550,900 84,926 2,754,100 45,200 76,600 3,500 1,728,350 70,200 3,863 1,900 400 375,700 6,582 Price about Jan. 2 1926. Bid. 45 66 % 13834 94 54 9 Vs 260 94 14 67 14 45 99 61 83 78 65 X 148 50 104 10 19 4 19 814 1194 57 4 100 874 190 Sale Sale Sale Sale Sale Sale Sale Sale Sale 200 56 119 69 64 65 57 58 122 160 145 47 65 67 59 _____ Sale Sale Sale Sale 39 Sale 45 42 4 Sale 78 264 344 1004 Sale Sale Sale 102 ____ _____ 354 70 1234 1234 75 704 31 29 4 24 48 62 85 4 1424 88 42 4 7 25 43 4 15 34 364 72 Sale Sale 80 73 Sale 304 3 Sale Sale Sale 144 95 Sale S4 304 Sale 18 Sale 504 72 624 41 924 39 4 884 784 64 24 1314 1344 179 97 196 100 454 284 74 52 76 624 Sale Sale Sale Sale 264 45 36 1484 80 764 31 65 47 55 184 84 87 78 1424 1144 89 40 404 59 1004 874 68 74:4 504 47 4 Jan . 3. Ask. Bid. 1164 48 44 4 6814 6 9 4 Sale 171 Sale 101 Sale 4 Sale 205 17 Sale 1074 68 73 4 Sale 454 102 100 Sale 68 Sale 874 83 81 7 4 4 41 404 Sale 1674 594 24,085 304 M Sale 3,789,700 126 54 Sale 35,510 125 34 128 7,780 7*/i Sale 4,230 8 320.200 13 54 13 4 23.100 34,4 35 90,700 4 8 4 50 247,910 1 1 4 Sale 716,724 28 Sale 563,200 446,650 708,350 439,300 1,007,800 18,450 2,030,200 47,745 65,400 3,935 1.520 5,000 800 404 77,Ouo 9,400 3,900 30,600 450 369,300 448,200 57,709 5,100 7,200 1.759,100 899.600 259,950 307 813,050 231,414 229,850 42,700 2,600 500 721 251,600 9,500 207,010 16,342 365 11,210 1,355,200 8,600 1,800 867,200 20,450 283,100 197,600 6,9.50 630,400 15,400 3,600 57,000 6,950 52,100 2,400 33,728 12,273 4,850 746,200 231,600 1,142,900 8.58,800 723 18,300 95,300 7,900 3,612,200 255,150 41,838 4,852 353 2,658,000 241,000 110,440 18 8,162 1,900 57,000 881,950 7,7)0 1,020,350 41,200 200 4,500 1,513,000 65,500 667,700 19,815 59,400 1,346 129,000 1,495,400 29,000 45,300 26,925 1,009,500 29,250 418,900 16,400 699,400 192.^00 PRICES I N 74 3 132 4 Sale 180 Sale 208 Sale Sale Sale Sale 55 Sale Sale 90 Sale 33 75 51 Sale 204 Sale 90 80 Sale Sale Sale 41 41 62 Sale Sale Sale 764 Sale Sale Jan 31. 54 74 74 30 31 Sale 44 9 84 2 4 4 Sale 94 94 19 18 4 80 1244 694 102 954 248 100 52 no 71 84 70 65 70 Vs 74 1724 1444 41 , 24 4 394 53 49 4 61 4 80 194 364 104 304 95 200 40 4 78 123 121 784 74 47 4 18 4 1 43 4 65 4 100 4 1304 88 4 49 4 44 24 434 13 1 Sale Sale Sale Sale Sale Sale Sale 1034 Sale 275 180 58 Sale 72 70 Sale 744 Sale Sale Sale 3 6 Sale Sale Sale Sale Sale 37 106 Sale 96 225 Sale 80 Sale 125 81 76 Sale 24 14 Sale 664 Sale Sale 92 52 54 26 444 14 14 26 49 27 53 334 964 384 91 4 80 44 14 121 143 4 1894 103 175 103 43 4 24 4 15 97 13 33 37 4 1594 86 78 Sale Sale Sale Sale 81 H 54 2 126 Sale Sale Sale 182 Sale Sale Sale 24 38 Sale Sale Sale Sale 20 50 70 30 50 Sale 57 19 21 115 1174 93 4 9 4 4 88 X 90 151 1334 Sale Sale 96 41 Sale 44 45 43 49 1024 Sale 96 974 6 2 4 Sale 754 774 Sale 37 41 4 Sale Lowest. Highest. Lowest. 1926. Highest. Sale Prices Sale Prices. Sale Prices Ask. Sale Prices 120 119 Jan. 25 119 Jan. 25 107% Mar. 24 11734 Dec. 30 Jan. 6 48 44 Jan. IS 45 6 6 04% Jan. 21 6954 Jan. 27 Dec. 24 Sale 1614 Jan. 6 17154 Jan. 3 122 Mar. 3C 172 De.c 30 Jan. 3 94 H Mar. 5 102 Sale 9 9 4 Jan. 5 101 % M ay 28 10 Jan. 2 4 Jan. 3 54 Jan. 3 4 Sale 183 Jan. 28 205 Jan. 3 181 % Mar. 3C 262 34 Jan. 2 1 6 4 Jan. 4 20 15% Dec. o 1834 Nov. 23 Sale 1064 Jan. 4 11314 Jan. 10 8314 M ar. 3 109 54 Sept .7 Sale 73 4 Jan. 3 74Vs Jan. 28 67% Jan. 6 7334 Aug. 2e Feb. 1 Mar. 2 46 Sale Jan. 6 52V Jan. 26 33 44 Dec. 11 Sale 1014 Jan. 10 106 Jan. 18 97 % Feb. 8 103 69 67 4 Jan. 5 70% Jan. 20 54% Mar. 31 77 Vs Dec. 20 Jan. 4 78 Mar. 31 89 54 Dec. 24 88 8 6 4 Jan. 27 88 Jan. 25 69% Mar. 26 87 54 July 20 83 80 4 Jan. 8 83 Feb. 26 35 Oct. 6 65 484 50 Mar. 2 5 42 5 42 42 Sale 165 Jan. 6 16914 Jan. 19 146% Jan. 9 17014 Dec. 20 June 14 Jan. 15 61 60 59 Jan. 18 59 X Jan. 8 68 4 85 984 834 27 Jan. 11 290 285' Jan. 4 299 Vi Jan. 17 240 Mar. 30 305 Sale 1514 Jan. 25 16254 Jan. 5 112 Mar. 2 178 54 Sept. 24 Sept.28 Jan. 2C 171 22 162 22 119 162 4 Vi May 18 i l 54 Feb. 20 Sale 7 4 4 Jan. 8 8 Jan. 22 4 , Dec. 24 10 Feb. 13 5 15 15 6% M ay 18 1814 Feb. 23 10 10 4 7 4 Jan. 5 1154 Jan. 22 Dec. 30 37 Feb. 10 Jan. 22 30 32 30 3 0 4 Jan. hi 34 Jan. 6 48 Jail. 17 38% Mar. 31 5154 Feb. 10 46 4 6 4 43 7% Mar. 31 1214 Sept. 9 Sale 10 8 4 Jan. 6 i\Vs Jan. 22 26 4 Sale 23 4 Jail. 7 28 V Jan. 22 1634 Mar. 3C 3154 Sept. 9 70 4 75 704 24 70 24 8 V Dec. 23 1434 Jan. 6 9 Jan. 4 12 Jan. 20 1 0 4 Sale 7H Dec. 23 14 Jan. 8 9 Jan. 4 11% Jan. 20 10 4 Sale Aug. 24 1 8 4 Jan. 3 21 % Jan. 22 14Vi Mar. 31 24 1 9 4 20 18 4 Jan. 3 21 Vs Jan. 22 14 Apr. 20 2354 Aug. 24 19 4 Sale Jan. 27 83'A Jan. 17 6534 Mar. 30 83 54 Sept. 10 SO Sale Jan. 20 118% Jan. 4 12634 Apr. 30 128 130 1244 Jan. 3 128 Jan. 31 40% Mar. 3 71M Dec. 18 7 4 4 Sale 6 8 4 Jan. 4 Dec. 9 1054 Sale 1024 Jan. 4 10514 Jan. 29 96 Mar. 4 108 9 5 4 Jan. 28 96 V Jan. 21 83V Mar. 31 98 N ov. 30 9 6 4 Sale Aug. 24 Sale 275 Jan. 31 275 V Jan. 22 173V. Mar. 29 275 275 7 104-IX Auer. 19 125 Mar. 13 103 4 1034 103 24 109 55 55 Jan. 5 58 Jan. 15 48 Apr. 51 57%. Sept. 3 60 13 111 no 29 100 Mar. 16 114 Jan. 9 no 73 July 26 15 71 74 15 74 75 Jan. 15 52 Mar. 3 96V Oct. 13 Sale 90 84 Jan. 3 93 73 75 70 Jan. 4 73 Jan. 13 62 Mar. 2 74 Oct. 13 Jan. 11 72 Sept. 27 68 73 68 Jan. 14 71 14 Jan. 15 69 6 9 4 Jan. 15 72 J an. 20 68 V Nov. 22 72 Vi Dec. 9 7 0 4 Sale July 13 79 84 4 80 Jan. 4 82 Jan. 6 82 Sept. 10 85 1724 Sale 1714 Jan. 28 178V Jan. 17 15034 Mar. 30 183 34 Sept. 2 141 Sale 1404 Jan. 27 146 % Jan. 17 129 Mar. 30 153 34 dan. 12 Jan. 2 4 8 4 Sale 4 1 4 Jan. 5 50% Jan. 22 37% M ay 19 47 3 M ay 20 554 Aug. 31 5 4 4 Jan. 15 5 % Jan. 21 24 4 Dec. 14 834 Jan. 9 4 7 5 4 Jan. 20 7% Jan. 22 Dec. 21 Sale 43 3 9 4 Jan. 3 43 % Jan. 22 22% Mar. 29 42 5 6 4 Sale 5 2 4 Jail. 4 57% Jan. 27 33V M ar. 30 55 34 Dec. 24 Jan. Jan. 5034 Dec. 24 51 30 Mar. 30 49 4 27 514 52 Vs 61 Vs 13 61 34 13 621C N ov. 20 61 4 8 5 4 Sale 7 9 4 Jan. 4 88 Vs Jan. 17 68Vs Mar. 30 84 34 Dec. 9 Dec. 10 2734 Feb. 15 2 2 4 Sale 19 4 Jan. 13 22 V Jan. 31 18 Jan. 6 15% Jan. 25 25% Apr. 20 41 34 Sept. 29 42 4 Sale 106 107 105 Jan. 14 108% Jan. 19 95 Mar. 29 10914 Sept.30 Dec. 31 :n y8 Dec. 23 26 28 26 Jan. 27 30 % Jan. 3 30 93 4 97 9 3 4 Jan. 20 95 % Jan. 17 95% Dec. 30 97% Dec. 27 5 147 Mar. 27 214 5 200 Sept. 10 205 219 200 4 3 4 Sale 4 0 4 Jan. 3 44 % Jan. 24 34% Jan. 22 4114 Dec. 14 Dec. 14 Jan. 28 6754 Mar. 31 80 80 4 SI 4 78 Jan. 6 81 Sept. 7 122 4 123 1214 Jan. 10 123 34 Jan. 19 11314 Mar. 3 131 123 125 1204 Jan. 12 123 % Jan. 19 11514 Mar. 30 129 34 Sept. 7 Jan. 31 77 79 Sale 79 Jan. 31 79 Feb. 1 8014 Nov. 9 June 23 74 Jan. 4 7654 Jan. 27 7114 Jan. 6 77 7 6 4 Sale 45 47 4 3 4 Jan. 7 47 % Jan. 3 24% Jan. 15 53 54 Dec. 20 Jan. 15 24 Dec. 13 31 Feb. 13 18 4 26 4 24 Jan. 18 25 1 Jan. 17 1 Aug. 14 3 34 Jan 15 14 24 lVs Jan. 24 Jan. 22 3414 M ar. 3 51 Vs Sept. 9 41 4 Jan. 4 47 4 4 4 Sale 64 4 Jan. 7 67 Jan. 22 60Vs Mar. 31 6854 Sept. 10 6 5 4 67 Sale Dec. 10 119 9 9 4 Jan. 6 125 Jan. 19 7514 Mar. 3 106 Sept. 3 130 4 131 1284 Jan. 14 13354 Jan. 10 118 Mar. 30 144 Mar. 3 92 5< Apr. 20 86 85 Jan. 2 88 Jan. 4 84 48 Jan. 6 52 Jan. 19 3814 Jan. 26 6134 May 28 5 0 4 Sale Sale 4% July 31 10 Feb. 9 4 4 Jan. 31 454 Jan. 31 20 26 1914 Oct. 22 40 Feb. 9 43 44 43 Jan. 18 44 V Jan. 7 3914 June 3 5154 Feb. 10 12 15 1 2 4 Jan. 24 12% Jan. 24 1154 Oct. 20 22 34 Feb. 10 114 Dec. 29 3 34 Jan. 11 2 4 Sale 14 Jan. 13 3 Vs Jan. 21 22 % Oct. 9 2 7 /s Feb. 11 22 1 1-4 14 29 32 27 Jan. 6 3154 Jan. 19 2514 Dec. 31 5214 Feb. 3 49 Jan. 12 53 Jan. 13 50 Dec. 21 79 53 51 Feb. 3 6 63 13 60 Oct. 28 6fiiX Feh. 94 62 59 3 4 4 Sale 31 4 Jan. 6 36V Jan. 22 2914 Oct. 20 47 Vs Feb. 9 Sale Jan. 20 82 Mar. 2 9654 Dec. 7 98 9 5 4 Jan. 4 99 42 Sale Jan. 22 27 M ar. 3 45 Sept. 1 37 4 Jan. 4 94 4 Sale Sept. 3 90 4 Jan. 4 97 H Jan. 18 7114 Mar. 3 95 SO 81 SO4 Jan. 29 80 V Jan. 90 7954 Jan. 5 83 July 26 Jan. 4 5 12 434 Jan. 12 454 Apr. 10 8 54 Jan. 7 44 14 Sale 154 Oct. 27 1 Vs Jan. IS 434 Jan. 7 1 4 Jan. 7 123 Jan. 8 126 Vs Jan. 24 120 Mar. 30 13214 Jan. 9 126 121 1404 Sale 1374 Jan. 27 14454 Jan. 22 117 Mar. 30 147 34 Sept. 7 189 Sale 186 Jan. 8 190 Vs Jan. 5 130 Mar. 3 20434 Sept.23 1034 Sale 103 Jan. 3 105 Jan. 27 93 Mar. 11 106 July 8 172 1794 1724 Jan. 26 176 Jan. 11 17014 N ov. 9 205 Jan. 11 104 Sale 103 Vf 17 104 41 4 Jan. 4 48 Jan. 24 3054 Mar. 30 4854 July 17 4 7 4 Sale 27 Sale Jan. 24 1954 Mar. 30 28 34 Feb. 13 2 3 4 Jan. 15 29 14 Sale 6 Jan. 25 2014 Feb. 5 12 4 Jan. 21 15% Jan. 14 Dec 20 QK Deo .31 97 97 31 98 2'1 07 Dec. 8 2834 Jan. 14 1 7 4 24 1 6 4 Jan. 26 1814 Jan. 8 13 45 37 Nov. 6 5014 Jan. 7 34 4 Jan. 14 36 Jan. 24 30 37 4 3 9 4 3 7 4 Jan. 14 41 V Jan. 24 2714 Apr. 15 1574 Sale 156 Jan. 4 161 M Jan. 17 13914 Mar. 30 17034 Oct. 2 83 4 86 8 4 4 Jan. 15 86 Jan. 3 8314 Nov. 4 8554 Aug. 11 82 4 Sale 78 Jan. 3 85 Jan. 17 6554 M ar,3d 8234 Aug. 26 15 IS 15 Oct. 19 48 Jan. 6 47 52 46 Jan. 20 46 Jan. 20 72% Feb. 19 73 Feb. 20 47 52 35 Jan. 18 35 Jan. 18 40 Nov. 19 57 54 Feb. 18 58 4 Sale 5 6 4 Jan. 3 58% Jan. 24 4854 Mar. 30 5734 Oct. 27 20 Jan. 25 24 V Jan. 21 1514 Oct. 19 2654 Jan. 14 20 4 23 1214 Sale 11414 Jan. 6 122% Jan. 24 67 Mar. 3 122 Dec. 13 95 4 Sale 93 Jan. 22 95% Jan. 11 79 Mar. 3 96 July 7 91 4 Sale 8 9 4 Jan. 4 91% Jan. 31 70V Mar. 29 9134 July 17 1484 151 1494 Jan. 4 150 Jan. 4 142% Jan. 2 15134 Dec. 2 1304 Sale 122 4 Jan. 18 13854 Jan. 27 85 Mar. 30 135% Dec. 30 Sale Jan. 4 10214 Jan. 18 79 98 94 Mar. 30 10134 Dec. 20 41 42 Jan. 3 3954 Dec. 4 42 4 0 4 Jan. 13 41 Apr. 26 44 4 4 5 4 4 3 4 Jan. 12 45 % Jan. 19 40 Mar. 30 4554 Dec. 21 Jan. 7 53 53 Sale 43 Jan. 31 42 Apr. 8 6134 Aug. 2 Mar. 30 103 34 Dec. 22 1034 Sale 1004 Jan. 6 105% Jan. 19 85 Jan. 26 98% Jan. 15 8314 Apr. 1 9734 Dec. 23 96 97 96 64 Jan. 6 66 Vs Jan. 21 5734 Mar. 19 74 6 4 4 61 Feb. 9 79 80 76 4 Jan. 8 80 H Jan. 25 72 Mar. 19 8034 July 27 35 4 Sale 3 4 4 Jan. 28 38 54 Jan. 24 2734 Mar. 31 51 Jan. 2 4 0 4 Sale 39 4 Jan. 27 42 % Jan. 17 3134 Mar 31 4854 Feb. 18 Ask Bid. 118 118 4414 48 6914 Sale 1644 Sale 1004 Sale 4 Sale 1864 Sale Sale 1094 Sale 74 Sale 51 103 106 Sale 68 8 8 4 87 101 81 4 8 4 41 42 Sale 171 60 59 85 285 295 285 1 6 24 Sale 1554 44 RANGE ' FOR YEAR JANUARY. 24 STOCKS—STOCK EXCHANGE RECORD STOCKS . T. STOCK EXCHANGE Southern Pacific C o_____100 Southern Railway______ lOO Preferred_____________ 100 Texas & Pacific._______ 100 Third Avenue__________ 100 Twin City Rapid Transit.100 Preferred_____________ 100 Union Pacific__________ 100 Preferred_____________ 100 Vicks Shrev & Pacific__ 100 Preferred_____________ 100 Wabash________________ 100 Preferred A __________ 100 Preferred B _________ -.100 Western Maryland______ 100 Second preferred_____lOO Western Pacific, New__ 100 Preferred new________ 100 Wheeling & L E R y _____100 Preferred_____________ 100 Industrial and Miscall Abitibl Power & P __ no par Abraham & Straus__ no par Adams Express_________ 100 Advance Rumely_______ 100 Preferred_____________ lOO Air Reduction Inc____no par Ajax Rubber In c_____no par R ights__________________ Ahumada Lead__________ 1 Alaska Juneau Gold M in. 10 Albany Perf’d W PPref 100 All American Cables____100 Alliance Realty new_.no par Allied Chem & Dye_.no par Preferred_____________ 100 Allis Chalmers M fg_____100 Preferred_____________ 100 Amalgamated Leather .no par Preferred_____________100 Ameranda Corp_____no par Amer Agrlcul Chem ical.. 100 Preferred_____________ 100 American Bank Note new 10 Preferred______________ 50 American Beet Sugar__ 100 Preferred_____________ 1O0 Amer Bosch Magneto.no par Am Brake Shoe & F__no par Preferred_____________100 Am Brown Bov El 2 l.no par Preferred____________ 100 American Can, when Issued. Amer Can Pref_________ 100 SALES. In anuary. Shares. 89,200 108,200 9,300 45,000 13,500 800 60 54,700 7,100 220 465 204,800 51,600 1,100 844,800 114,400 15,400 9,700 905,900 196,200 Amer Car & Fdry new no par Preferred_____________ 100 American Chain w 1______ 25 American Chicle_____ no par C ertificates_______ no par Prior preferred_____ no par Amer Druggists’ Synd__ 10 American Express______100 Am Foreign & Power.no par Preferred_____________ nopar Amer Hide & Leather__ 100 Preferred_____________ 100 Amer Home Products.no par American I c e ___________100 Preferred_____________ 100 Amer Internat Corp_.no par Am La France Fire Eng. .10 Preferred____________ 100 American Linseed______100 Preferred_____________ 100 Am Locomotive new_.no par Preferred_____________ 100 Am Macn & Foundry.no par Preferred_____________ 100 American Metal_____ no par Preferred_____________ 100 American Plano, pref___ 100 Am Power & Light__ no par American Radiator______25 Preferred_____________ 100 Amer Railways Express. 100 Amer Republics______ no par American Safety Razor. _I00 Shares. 1,652,000 3,306,270 109,870 853,000 612,980 10,900 2,100 962,700 64,800 2,857 898 2,204,500 496,000 7,000 297,700 113,900 194,700 80,900 859,200 181,000 Price about Jan. 2 1926. Bid. 103 5* 1185* 925* 58 13 5* 78% 965* 150 75% 90 44 733* 58 163* 233* 393* 79 3* 315* 503* 96,100 723* 31,500 61,100 108 217,700 173* 159,600 573* 421,050 110 1,068,800 103* 1,900 4,000 6,800 6,700 6,900 14,500 128,900 84,700 7,300 2,500 400 2,100 60 302,500 2,300 11,500 3,100 7,200 300 94,500 5,000 13,500 20,600 470 3,600 700 16,200 2,200 200 18,300 1,400 220,200 2,900 217,100 49,400 1,300 6,950 1,400 6,591,800 32,400 336,200 12,500 63,100 10,500 504,000 440,130 415,450 177,400 6,100 135,300 22,600 321,830 256,435 11,700 803.400 29,000 6,317,500 33,800 15,000 700 7,700 5,800 900 200 136,100 5,000 49,300 4,700 2,400 4,100 39,900 8,500 2,700 32,200 47,400 900 18.600 6,100 29,900 3,100 8,400 100 9,400 800 130 36,400 12,000 20 1,100 1,500 3,700 350,820 15,800 81,900 58,040 23,600 2,400 561,692 107,000 794,550 76,300 91,300 92,550 110,000 205,300 16,300 457.600 170,800 4.100 318,100 45,800 967,700 25,700 37,900 1,710 202,800 6,800 4,000 414,410 215,200 300 16,700 20,070 531,400 Am Ship & Comm____no par 7,900 Amer Shipbuilding______100 10 187,800 Amer Smelt & Refin_____100 4,400 Preferred_____________ 100 2,200 American Snuff________ 100 1,055 Preferred_____________ 100 19,400 AmSteelFdries ctD new nopar 1,000 Preferred_____________ 100 24,700 American Sugar R u in __ 1O0 2,400 Preferred_______ 100 56,800 A m Sum Tob.new b- no par 800 Am Teleg & Cable ____ 100 51,400 Amer Teleph & Te’<g __ 100 7,100 American T obacco_______ 50 21,800 B_____________________ 50 4,300 Preferred_____________ lOO 6,400 Amer Type Foundries__ 100 530 Preferred_____________ 100 59,500 Amer Wat Works & E le c ..20 3,000 First preferred (7% ) -.100 200 Am Wholesale pref______100 59,200 American Woolen_______ 100 12,300 Preferred_____________ 100 1,00C Am Writing Paper, pref. 100 Amer Zinc, Lead & Sm__ 25 14,900 Preferred______________ 25 20,100 Anaconda Copper_______ 50 58,400 Archer Daniels M id ..n o par 2,500 Preferred_____________ 100 18C 4,600 Armour (Del) pref______100 23,800 Armour of Illinois Class A . 25 Class B ________________25 16,500 Preferred_____________100 1 ,500 8,400 Arnold Constable Newno par A rtloom ________________ nopar 1,700 P referred..... .......... 100 800 Art Metal Construction.. 10 Associated DryGdsnewno par 25,700 1st preferred_________ 100 900 2d preferred_________ lOO Associated Oii___________ 25 80 0 Atl Gulf & W I SS Lines. 100 16,200 Preferred_____________ 100 2,200 Atlantic Refining_______ 100 38,300 Preferred_____________ 100 1,800 Atlas Powder, new__ no par 1,700 Preferred_____________ 100 435 Atlas Tack Corp. ____ no par 500 Austin, Nichols & Co.no par 3,900 Preferred________ .100 1,260 For Year 1926. 294,200 3,200 308,950 10,400 675,900 39,450 290,100 11,100 632,900 218,690 344,000 36,200 30,000 6,600 646,800 10,700 1,100 771,900 183,838 101,700 138,900 224,400 1,316,000 60,300 3,200 44,000 1,0! 4,700 657,600 14,140 111,700 69,050 5,520 26,400 362,500 8.80C 6,288 1,072,072 388,30C 44.20C 734.10C 9,10C 11.10C 1.50C 32,80C 143.10C 20.000 Jan. 3. Ask. Sale Sale Sale Sale Sale Sale 1613* 80 973* 985* 42 76 60 14 23 3* 28 73 3* 27 3* 47 5* Sale 81 100 74 87 3* 68 109 125 93* 193* 60 325* Sale 1363* Sale 95* Sale 70 126 Sale Sale Sale Sale 84% 67% 136 10 32% 1363* 53* Sale 4% Sale Sale 63 Sale Sale Sale Sale Sale Sale 9 Sale 15* 13* 99 129 135 145 50 114 Sale 136 1203* Sale 1293* 93 933* 895* 109 Sale 110 163* 273* 803* 39 553* 33 77 323* 150 114 483* 97 493* 121 109 122 243* 47 47 893* 43* 136 425* 913* 143* 61 134 83 45 155* 100 523* 865* 1183* 118 54 115 95 115 32 3* Sale 133* 47 Sale 40 415* 573* 543* 34 24 785* 603* Sale 165* 153 1363* 1143* 1173* Sale 383* 983* 963* Sale 493* 1213* 128 Sale 102 126 1285* Sale 253* Sale 37 50 35 87 95 43* 95* 1383* 129 Sale 205* Sale Sale 83* 62 50 303* Sale 126 83 3* 843* Sale 37 3* Sale 93* Sale 90 Sale 30 87 713* Sale 108 120 1193* 73 3* 1243* 55 43 116 104 965* 104 ___ 613* Sale 1133* 763* 80 71 74 563* Sale 53* Sale 141 100 465* 1123* 753* 103 14 2 105 Sale 113 Sale Sale 39 41 1425* Sale 1155* Sale 1143* Sale 106 3* 107 117 120 _____113 71 Sale 101 104 98 106 413* 42 875* Sale 13* 15* 83* 9 37 3* 38 493* Sale 445* Sale 103 105 97 973* 23 5* Sale 163* Sale 90 3* 903* 203* 25 575* 61 110 113 19 3* Sale 53 Sale 1003* 103 107 108 463* Sale 633* Sale 53 3* Sale 1083* 109 116 117 57 59 933* 955* 17 3* Sale 27 27 3* 09 04 88 35 55 Sale Sale 68 Sale Sale Sale Sale Sale Sale Ask. Sale : Sale 94 J* Sale 55% Sale 395* Sale 65 61 102 99 Sale 98 Mi 99 3* 4:5 Vs 79% 73 26% 29 % 29% 75% 62% 64 115* Sale Sale 53 Sale 129 3* Sale 89 M 1103* 109 >2 Sale 17% 103% Sale 35 133* 1 2 % Sale 46% 423* 47% 57 3* 56% Sale 24% Sale 57 Sale 14% Sale 1183* Sale 35% 973* 97% Sale 46% 1293* Sale IN Jan. 31. Bid. 1105* 127 943* 55 39 62 A sk ■ Sale Sale Sale Sale Sale 793* 101 Sale Sale 913* 3,454,000 1445* Sale 41,800 1133* 114 5 1 ,3 3 9 PRICES Lowest. Sale 1105* 127 955* 57 % 40% 65 Sale 83 Jan. Sale 63 Jan. Sale 124 Jan. 10% 97* Jan. Sale 307* Jan. Sale 1347* Jan. 9 Jan. Sale 1-32 Jan. Sale 45* Jan. 1 7* Jan. 102 987* Jan. 148 145 Jan. 50 Jan. 53 Sale 131 Jan. 1 2 1 1 * 1207* Jan. Sale 88 Jan. Sale 1097* Jan. Sale 16 Jan. 104 Jan. 106 Sale 317* Jan. 13 117* Jan. Sale 457* Jan. Jan. 471* 41 581* 567* Jan. 25 225* Jan. 60 58 Jan. Sale 13 Jan. 1411* 134 Jan. 1181* 118 Jan. Sale Jan. 35 Sale 96 7* Jan. Sale 455* Jan. Sale 126 Jan. 87 7* Jan. 70 Jan. 137 Jan. 117* Jan. 35 7* Jan. 1427* Jan. 115* Jan. 7* Jan. 57* Jan. 17* Jan. 1007* Jan. 150 Jan. 50 Jan. 1397* Jan. 1217* Jan. 925* Jan. I ll Jan. 17 5* Jan. 106 Jan. 365* Jan. 14 Jan. 515* Jan. 485* Jan. 595* Jan. 255* Jan. 60 7* Jan. 177* Jan. 1385* Jan. 1187* Jan. 397* Jan. 975* Jan. 497* Jan. 1297* Jan. 997* 1287* 257* 36 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 877* Jan. 8 7* Jan. 497* Jan. 305* Jan. 1147* Jan. 84 Jan. 377* Jan. 7 5* Jan. 87 7* Jan. 225* Jan. 607* Jan. 1055* Jan. 1195* Jan. 737* Jan. 1257* Jan. 417* Jan. 108 Jan. l65 Jan. 54 Jan. 1107* Jan. 1347* Jan. 887* Jan. 357* Jan. 48 Jan. 5% Sale 57* Jan. 80 995* 80 Jan. 141 % Sale 1325* Jan. 122 Sale 120J* Jan. 122 124 1195* Jan. 96% Sale 947* Jan. 45 457* 44 Jan. 112 113 Jan. 115 Sale 82 Sale 79 Jan. 1083* 109 Sale 108 Jan. Sale 45% Sale 417* Jan. Sale 28% 29 28 Jan. Sale 1497* Jan. Sale 153 Sale 122 Sale 120 Jan. Sale 121$* Sale 1197* Jan. Sale 1107* Jan. no 1105* 112 125 Jan. 123 3* 129 1303* 132 Sale 1075* Jan. 1053* 1085* 109 Sale 64 65% Sale 627* Jan. 106 107% 1085* 1055* Jan. 99 3* 106 103% Sale 997* Jan. 325* Sale Sale 26 247* Jan. Sale 853* 86 79 76 Jan. 1 Jan. 1 Sale 1 17* 83* Sale 81* Sale' 87* Jan. 42 Jan. 44 3* Sale 46% Sale 47% Sale 48 3* Sale 465* Jan. 405* Sale 40 415* 40 Jan. 106 107 % 106 Jan. 107 5* 106 90 905* 955* Sale 92 7* Jan. Sale 14% Sale 15 147* Jan. 8 3* Sale 7% Sale 77* Jan. 80 84 82 Jan. Sale 86 22 Jan. 23% Sale 23 3* Sale 52 497* Jan. 545* 553* 50 114 112 110 1147* 22 Jan. 22 225*' 22 % Sale 41 Sale 40% Sale 407* Jan. 98 102 1017* 103 1017* Jan. 104 no 107 109 493* 503* 485* Jan. 393* Sale 37% Sale 357* Jan. 36 Jan. 37 % Sale 363* 38 Sale 1101* Sale 107 Jan. 113 116 1163* 1155* Sale 1155* Jan. 63 61 61 617* 60 Jan. 98 Jan. 991* 100 973* 98 9 5* 8% 87* Jan. 87* 8H 8 Jan. 10 34 Sale 81* Sale Sale 53' Jan. 56 % 59 55 6 1435* 1203* 126 95 44 3* 113 82 100 415* 28 5* 1493* 1223* 122)* Highest. Prices Jan. 28 Jan. 28 Jan. 25 Jan. 7 Jan. 21 Jan. 3 Jan. 6 100 1597* Jan. 27 80 7* Jan. 4 100 97 5* Jan. 10 100 98 % Jan. 5 Sale 407* Jan. 4 Sale 76 Jan. 3 75 65- Jan. 15 Sale 135* Jan. 6 Sale Jan. 7 23 30% 275* Jan. 12 Sale Jan. 3 73 Sale 277* Jan. 3 Sale 477* Jan. 7 Sale 130 Sale 27 37% Sale 37% Sale 90 88 10 % Sale 33% Sale 19% Sale Sale 88 85* 9 Sale 513* 49% Sale Sale 31% Sale Sale 119 Sale Sale Sale 85 Sale 37 % Sale Sale 8 % Sale 95 87% Sale Sale Sale 23 Sale 61% Sale Sale 108% Sale Sale 1 2 0 % 122 Sale 79% Sale 126 128 Sale 42 % Sale 112 110 112 107 102 105 Sale 58% Sale Sale 111 112 131 % 1347* 893* 92% Sale 44 40 45 Sale 51 % Sale Sale Sale 37 90 Sale Sale Sale RANGE FOR YEAR JA N U A R Y . Sale 106 J* 119 94% 53% 37% 62 101 1645* 817* 987* 99 47 5* 80 74 317* 34% 315* 757* 657* 69 63* 5 4 7 6 29 2. 4 5 Lowest. 1926. Highest. Prices Sale Prices Sale Prices Jan. 3 967* Mar. 30 1 12 % Dec. 20 Jan. 3 1035* Mar. 30 1317* Sept. 3 Jan. 11 877* Apr. 6 957* Aug. 13 Jan. 22 427* Mar. 30 615* Jan. 13 Apr. 23 Jan. 29 13 7* Jan. 18 43 Jan. 5 597* Oct. 25 785* Jan. 4 Jan. 5 1025* Feb. 20 Jan. 20 101 Jan. 19 1417* Mar. 30 1685* Oct. 1 Jan. 31 745* Jan. 6 817* Aug. 28 Jan. 14 90 Jan. 13 98 July 13 Jan. 11 91 Mar. 18 987* N ov. 19 Jan. 12 Jan. 25 337* Mar. 30 52 Mar. 30 785* Jan. 13 Jan. 17 68 Jan. 29 Jan. 22 57 Mar. 29 72 Mar. 3 165* Jan. 4 Jan. 25 11 Jan. 24 165* Mar. 30 24 5* Sept. 2 Jan. 24 277* Dec. 23 397* Jan. 2 Dec. 28 865* Sept. 11 Jan. 29 72 Jan. 2 Jan. 28 18 Mar. 30 32 Jan. 24 37 Mar. 30 507* Jan. 4 1027* Jan. 130 Jan. 275* Jan. 395* Jan. 377* Jan. 90 Jan. 117* Jan. 133 Jan. 23 Jan. 895* Jan. 97* Jan. 52 7* Jan. 33 7* Jan. 1267* Jan. 857* Jan. 40 Jan. lO Jan. 907* Jan. 30 7* Jan. 717* Jan. 1097* Jan. 121 Jan. 797* Jan. 1257* Jan. 44 Jan. 1107* Jan. 107 Jan. 617* Jan. 1157* Jan. 1347* Jan. 92 7* Jan. 48 Jan. 55 Jan. Sale Sale 133 97 Sale [ V o l . 124. 6 5* Jan. 80 Jan. 1435* Jan. 122 Jan. 1265* Jan. 98 Jan. 457* Jan. 115 Jan. 84 Jan. 10954 Jan. 465* Jan. 29 Jan. .555* Jan. 1225* Jan. . 7* Jan. 122 1 "12 7* Jan. .37 Jan. .09 Jan. 677* Jan. 10 7* Jan. .035* Jan. 33 5* Jan. 867* Jan. 1 7* Jan. 10 Jan. 48 7* Jan. 497* Jan. 42 Jan. . 10 . 5* Jan. 9c5 5* Jan. 1;57* Jan. 97* Jan. 867* Jan. Jan. 25 54 5 Jan. 22% Jan. 427* Jan. 102 Jan. 497* Jan. Jan. 42 38 7 Jan. 115 Jan. Jan. 111 627* .'an. 100 Jan. 21 8 7* Jan. 281 10 7* Jan. 141 61 Jan. 705* May 43 May 997* Mar. Dec. 8 28 7* Dec. 1077* M ay 77* Oct. 45* % 967* 131 45 106 1185* 787* 105 145* 102 247* 9 355* 345* 55 207* 55 16 110 1107* 307* 867* 387* 121 Nov. Oct. Oct. Jan. July Mar. Mar. Mar. Apr. Oct. July May Oct. Oct. Mar. Jan. Sept. Nov. May May Mar. Mar. Mar. Mar. Jan. Mar. Oct. Mar. Oct. Oct. Dec. 88 47* Jan. 1057* Mar. 147* Nov. Oct. 79 M ay 7 337* M ay 235* Oct. 109 Mar. 817* Oct. 315* July 97* Dec. 94 7* Dec. 255* Oct. 675* Oct. 907* Mar. 116 Aug. 657* Oct. 114 July 427* Dec. 1137* Apr. 93 7* Mar. 505* M ay 1017* M ay Feb. 129 775* Mar. 397* Nov. Apr. 42 917* 1207* 237* 31 28 98 72 136 22 655* 1465* 16 Sept. Dec. Sept. Sept. Sept. Dec. Feb. 14 28 22 24 24 14 10 974 Jan. Jan. 2 Dec. 155 July M ar. 50 148 7* Dec. 122 5* Dec. 945* Jan. 1117* Dec. 227* Aug. Aug. 115 32 7* Aug. 345* Jan. 967* Jan. Oct. 46 587* July 385* Feb. Feb. 83 345* Jan. Feb. 180 1287* Feb. Aug. 50 977* Jan. 637* Aug. 1307* D ec. 4 4 14 24 15 20 7 14 14 31 31 9 14 14 28 10 5 24 4 2 18 9 16 4 15 102 1147* 1307* 267* 51 477* 97 105* 140 425* 98 177* 677* 305* 136 865* 465* 157* 103 52 7* 87 1197* 124 7* 807* 125 575* 120 1047* 727* 1225* 133 7* 90 47 7* 705* Jan. 12 D ec. 22 July 20 Jan. 4 Jan. 7 M ay 1 Aug. 19 Jan. 6 Jan. 2 Feb. 13 Feb. 9 Feb. 9 Dec. 30 June 3 June 1 Feb. 16 Jan. 4 M ay 21 Jan. 4 Jan. 4 Jan. 4 Dec. 7 Aug. 16 Dec. 23 Feb. 16 Feb. 6 Dec. 29 Sept. 8 Aug. 9 Dec. 22 Dec. 10 Dec. 17 Aug. 17 Dec. 29 117* Mar. 12 1095* Apr. 21 152 A u g , 17 112 5* M a r 31 122 n D e c . 2 0 Feb. 9 Oct. 6 165 June 24 Nov. 30 105 Aug. 3 May 11 47 Feb. 23 Sept. 21 115 Apr. 14 87 7* N ov. 26 June 19 1107* N ov. 30 Dec. 18 Aug. 13 44 July 6 417* Feb. 10 Dec. 18 June 18 151 Mar. 31 1245* Sept. 8 Sept. 8 Mar. 31 124 M ay 26 Jan. 4 113 Feb. 13 Jan. 22 135 Aug. 13 1087* Dec. 21 Jan. 4 Apr. 13 74 Mar. 3 1087* Jan. 27 Jan. 20 Aug. 21 100 June 9 42 7* Jan. 13 Apr. 30 907* Dec. 7 66 Aug. 13 5% Jan. 13 M ay 19 127* Feb. 4 20 May 19 547* Dec. 10 417* Mar. 30 517* Aug. 6 2 347* June 11 44 % Jan Oct. 16 100 Mar. 4 108 907* May 21 97 7* Jan. 13 13 7* May 22 257* Feb. 13 Jan. 4 55* M ay 20 17 Feb. 11 80 Apr. 30 93 18 Apr. 12 31 % Jan. fi 46% Sept. 23 63 7* Jan. 21 Dec. 6 Mar. 18108 113 197« Jan. 2 235* Oct. 5 377* Mar. 30 54 7* Jan. 9 6 96 Mar. 25 1027* Jan Dec. 20 102 M ay 19 110 Mar. 4 44 5* Jan. 6 60 29 Oct. 11 685* Jan. 6 33 7* Oct. 27 56 7* Jan. 13 97 Mar. 3 1285* M ay 24 June 22 120 1157* Oct. Nov. 2 54 Mar. 64 94 Jan. 977* Aug. 16 8 Oct. 21 17% Jan. 30 Jan. 29 77* Oct. 23 28 Jan 6 54 Nov. 93 1215* 955* 40 1107* 657* 100 297* 257* 1395* 1115* 1107* 1067* 114 1027* 435* 1017* 977* 19 a. y. STOCKS SALES. E In January. ir Shares 10,001 it Class B_ Preferred. British Empire Steel. Brooklyn Union Gas. Preferred. Debenture_____’______ Bush Term Bldgs, pref. 0 0 0 0 ir 0 5 5 r 0 0 0 r 0 0 r 0 0 r r 0 0 0 0 0 T d 0 r r 0 r 0 r r 0 5 0 ) r r r 5 1 a 5 r 3 ) r 3 1 9 1 9 r 9 r r 201 426,70C 70C 1.80C 8( 385,30C 39.40C 12.90C 86C 3.70C 3C 21.50C 79.50C 12.40C 4.00C 20( 36C 18,200 2,80( 10( 2,30( 20( 10( 7,900 --------4,50( 40( 84.60C 26,201 21,901 12.40C 40C 3.80C 5 ,10C 21.00C 80C 65C 4.90C 6,900 3,400 25,700 3,200 16,100 74,600 33,300 2,400 4,600 18,500 32,500 Preferred. 1,800 lentral Alio 5,900 Preferred. 1,000 15,500 10,900 15,700 9,800 4,800 Preferred 1,045 18,200 29,600 1,100 ) 200 r 25,600 r 17,200 9 26,300 200 17,200 98,100 1,000 15,600 510,900 10,200 •Jluett, Peabody & C o. 15,200 Preferred__________ 530 Ooca Cola___________ ) 47,700 Collins & A ikm an_____ 60,000 Preferred__________ 1,600 275,000 Preferred, 130 lolumbia G< 1,700 Preferred. 300 74,000 i 21,311 Rights__________I 134,620 Columbian Carbon.. -no par 39,900 Commercial Credit7,200 Preferred 7 % ____ 1,180 Preferred B ______ 500 900 1,200 Preferred. 400 900 104,500 Oongoleum Co new__ no pat 133,500 Congress Cigar______no pa; 9,500 Conley Tin Foil stpd. .no pa> 535 20 51,700 200 27,200 240,575 R ights________ 86,958 Preferred rights 50,376 41,200 255,600 255,500 30,700 260 39,000 Continental Insurance______ 8,500 Continental M otors_.no par 152,500 Corn Prod Refg pref___ IOC 2,000 New w i____________ 2f 129,200 Coty, Inc----------------- no par 12,000 200 500 First pref certificates. 300 18,400 Preferred_____________ 100 1,900 Cuba C o-------------------------nopar 37,700 Cuba Cane Sugar____no par 16,600 Preferred-..................... 100 37,800 Cuban American Sugar__ 10 31,100 Preferred_____________ 100 100 ^uban Domin Sugnewno par 3,300 Cudahy Packing New____50 18,400 Cushmans Sons______ no par 3,800 7 % preferred_________ 100 165 8% preferred______ no par 30 Cuyamel Fruit___________ nopar 3,100 Davison Chem v t c ..n o par 23,300 Deere & Co pref________ 100 500 Detroit Edison. _______ 100 3,550 Oevoe & Raynolds A .no par 12,700 Devoe & ReynnlrR Ist.pfd 10(1 90 / Ex dividend, a Ex rights; 25 STOCKS-STOCK EXCHANGE RECORD F e b ., 1927.] Bid. Ask % Sale 4% 6% 19 23 Sale 130 110 % 113 46 % 53 101 110 Sale 33 29 % Sale 46 % Sale 98 102 68 % Sale Shares. 54,400 2,600 6,000 3,698,900 14,600 10,600 350 943,400 73,700 131,100 2,500 220,900 200 163,300 1,524,800 121,800 75,730 3,800 700 11,600 113,700 7,800 38,000 7,950 9,760 238,300 462,300 144,800 2,400 482,400 219,200 293,000 113,400 8,100 83,700 130,500 139,800 24,425 1,700 86,900 314,800 170,900 69,400 95.400 940,500 1,901,500 107,600 139,060 138,800 113,200 584,800 409,110 35,800 600 238,300 4,400 527,400 7,220 99,200 2,600 558,200 262,800 3,800 1,400 87,100 230,461 145,200 2,500 165,750 582,900 . 13,000 86,300 5,874,000 73,100 27,9001 7,000 1,091,100 255,300 37,900 1,114,500! 300 1,272,800j 42,400 110,600 21,900 232 300 69,700; 202,590i 3,500; 4,600 21,650; 26,800: 3,300' 15,700 518,500, 2,142,800 187,900 6,000 39% Sale 483-3 Sale 100% Sale 5% 45 % 42 6% 49 44 9 135 77 46 % 100 35 28 % 10% 132 98% 38 90% 21% 86 % 99% 5% 9% Sale Sale Sale 110 Sale Sale Sale Sale 100 Sale 92 Sale 8d% 2 293,805 16,000 680,100 230,400 549,030 220,900 13,413 25,700 113,900 94,700 1,300 300 110,260 1,339,410 6,100 138,300 333,645 1.600 2 6 23% 14% Sale 34 36 22 Jan. 3. 69 Sale 31% Sale 1% Sale 65% Sale 61 Sale 14% Sale 14% Sale 36% Sale 65% Sale 149% Sale 97 Sale 116 117 28% 29 106 107 8% Sale 18% Sale 7% Sale 54% Sale 65% Sale 54 Sale 12% 14 32 33 78% 82% 92 95 62% Sale 63 Sale 42% Sale 47% Sale 02% Sale 104 107% 95% 101 83% 100 8% Sale 21% Sale 119 Sale 122 Sale 43 45 51 50% Sale 65 Sale 34% Sale 35% Sale 22% Sale 19% 20 33 35 208 Sale 41% Sale 52 Sale 103 Sale 108 Sale 67 6 8 % 60% Sale 111% 114 107 Sale Sale 172 65% Sale 127 130 44 Sale 36% Sale 116 118 105 110 89 90% 83% Sale 114 114% 116% Sale 89% Sale 101 Sale 3 Sale 67% Sale 59 Sale 17 18 47 Sale 22 23% 26% 27 22% 26% 27% Sale 85% 89 Sale 55 71% Sale 97 99 : 91% 93% 232 Sale 121 118 19 Sale 18 Sale 53% 55 .% % % 1% 63 95 4 94% - 2 Sale 95% 4% Sale 2% Sale 84 3% Sale Sale 9% Sale 93% Sale 1 2 1 % 122% Sale 73 139 136 13 Sale 129% Sale 48% Sale 56% Sale 97% 100 68 Sale 134 Sale 125 Sale 60 SO 39 19% 9% Sale Sale Sale Sale 80 103 32 Sale 102 1 1 101 110 S ale 101 102% 1% Sale 107% Sale 92% 1 11% 1 42% 58 - 100 1 - Jan. 31. Bid. Ask Bid. % Sale 4* 10 32 38 40 155 Sale 151% 115 117% 117% 53 40 43 97 97 32% 27% Sale 25 25% 29% Sale 51% 53 100% 103% 101 57 58 Sale 114% 23 26% Sale Sale 45% 47 104% Sale 107% Sale 38% 40 109% 110 % 40% Sale 54 54 7 6% 7% 40 45 50 27% 28% 26 % % % 2% 2% 2% 152% 154 157 Sale 89% 91% 32% 33 11 2 Sale 29% 36% Sale 36% 15 15% 11% 124 125% 116 Sale 98 100 25 27% Sale Sale 1 2 0 % 121 Sale 31 37 91% 91% 92% 105 106 106 4% 4% 4% Sale 51 52% 10 % Sale 11% Sale 42 46% 67 6 8 % 67 129% Sale 34% Sale 1,200,400 26,890 557,600 2,929,888 410,600 718,700 971,400 66.700 3,900 846,500 79,100 993,700 44,380 2,279,600 117,400 3,900 PRICES I N Price about Jan. 2 1926. For Year 1926. 10% 49% 27% 17% 52% 108 108 106% 32% 27% 105% 134 40% 100 Sale 104 Sale Sale Sale Sale 108 18% Sale Sale 110 110 Sale Sale Sale 135 Sale 104 66 % 31% 1% 67 16% 38% 137 110 27 106% 9% 8% 57% 56% RANGE FOR YEAR 1926. JANUARY. Lowest. Highest. Lowest. Highest. Sale Prices. Ask sale Prices Sale Prices Sale Prices 2% Feb. 11 Sale % Jan. 3 % Oct. % Jan. 7 10 Sept. 27 4% 4% Jan. 35 35 Jan. 38 Jan. 11 18 Jan. 23 44% Dec. 3 Sal e 143% Jan. 155 Jan. 3 92% Mar. 31 167% Dec. 24 118 116 Jan. 118 Jan. 27 105 Mar. 31 119% Nov. 24 Sale Jan. Jan. 31 40 M ay 13 57% Feb. 23 53 Jan. Jan. 4 102 Apr. I 104 July 20 97 Sale Jan. 32% Jan. 13 23% M ay 11 33% Jan. 2 Sale Jan. Oct. 27 29% Jan. 2 30% Jan. 13 22 Sale 49% Jan. 53% Jan. 5 39 Mar. 31 55% N ov. 30 Sale 101 Jan. 102 % Jan. 22 98 May 10 102% Dec. 29 58 56% Jan. 58% Jan. 10 52 % Oct. * 71 % Feb. 4 114% Jan. 114% Jan. 6 114% Apr. 21 114% Apr. 22 Sale 39% Jan. 4 D e c . 31 20% Jan. 27% Jan. 7 2 6 Sale 43% Jan. 47% Jan. 13 37% M ay 20 51% Sept. 20 Sale 104% Jan. 105% Dec. 22 108% Jan. 18 99 June Sale Dec. 30 37 Jan. 41% Jan. 11 28 June 11 42 Sale 109% Jan. Dec. 11 109% Jan. 20 104% June 21 110 Jan. 15 44 Jan. 50 Dec. 30 60 45 Jan. 17 40 Sale 53% Jan. 55% Jan. 13 53% Dec. 31 56 % Dec. 23 9% Jan. 11 6% Jan. 6% 4% Mar. 24 7% Jan. 5 45 Jan. 45 Jan. 11 34% Oct. 11 51% Jan. 7 45 28% 25% Jan. 28% Jan. 5 20 M ay 25 41 % Jan. 4 1 Jan. 18 % Jan. % M ay 5 3 % Jan. 24 2% Jan. 2% 2 % Jan. 7 1 % June 24 10% Jan. 11 Sale 149% Jan. Sept. 8 154% Jan. 5 133 M ar. 31 163 Dec. 1 90% 89% Jan. 93% Jan. 8 68 Mar. 30 98 Sale 34% Jan. 5 29% June 48% Jan. 7 31% Jan. 120 110% Jan. 112% Jan. 7 107 June 5 111 Mar. 10 Sale 28% Jan. Oct. 20 37% Jan. 4 31% Jan. 20 24 36% Jan. 37 38% Jan. 10 24% Mar. 30 39% Sept. 15 Sale 9% Jan. 15% Jan. 7 8% M ar. 4 18% Nov. 5 Sale I l l Jan. 125% Jan. 20 121 Mar. 31 144 July 23 99 98% Jan. 100 Jan. 3 97 M ar. 30 103 % June 22 Sale 34% Jan. 27 26% N ov. 4 44 Feb. 13 22% Jan. Sale 118 Jan. Dec. 29 123 Jan. 21 77% Apr. 13 124 Sale 29% Jan. 37 Jan. 31 16% M ar. 18 34% July 14 91 % Jan. 94 Aug. 2 94 Jan. 13 86 Apr. 6 93 Sale 104% Jan. 109 Jan. 18 99% Jan. 20 104 Nov. 19 Sale 4 Jan . 4% Jan. 4 4 Dec. 23 6% Feb. 10 Sale 50% Jan. 54% Jan. 11 17% Mar. 3 71 Sept. 15 Sale 10% Jan. 7% M ay 18 16% Jan. I i 11% Jan. 7 Sale 42 Jan. 47% Jan. 28 28 Mar. 29 44% Nov. 16 6 8 % 66 Jan. 6 8 % Jan. 5 53 June 30 90 Sept. 27 Sale Sale Sale Sale 16% Sale Sale 114 Sale Sale Sale 8J Sale Sale 66 Jan. 30% Jan. 1 % Jan. 3 65% Jan. 3 14% Jan. 4 36 Jan. 5 132 Jan. 27 114% Jan. 24 27 Jan. 28 106% Jan. 11 8% Jan. 3 7% Jan. 3 54 Jan. 14 54 Jan. 3 1 1 % 12% 10% Jan. 26 Sale 75 70 Jan. 24 60% Sale 60% Jan. 29 43% Sale 42 Jan. 25 106 106% Jan. 8 107 95% 1 0 1 % 101 Jan. 12 1 0 % Sale 8% Jan. 6 23% Sale 21% Jan. 25 132% Sale 120% Jan. 3 43 44 Jan. 17 52 51 Sale 50 Jan. 29 35% Sale 34% Jan. 3 22% 25 22% Jan. 7 40 Sale 34% Jan. 5 40% Sale 38% Jan. 28 104 Sale 103 Jan. 3 6 6 % Sale 60% Jan. 4 114% Sale 111% Jan. 6 170% Sale *67% Jan. 4 Sale 70 63 Jan. 4 Sale 126 Jan. 4 140 52 42% Jan. 4 Sale 118 .116 Jan. 6 88 Jan. 6 16% Jan. 3 83% Jan. 28 85% Sale Sale 99% Jan. 24 100 2% Jan. 27 2% Sale 66% Jan. 3 75% Sale 14% Sale 14% Jan. 29 19% Jan. 28 2 0 % Sale 21 Jan. 31 Sale 21 83% Jan. 25 94 80 54 55% 53% Jan. 4 97 96% Jan. 28 99 90% Sale 90% Jan. 25 242% Sale 123 Jan. 3 Sale 17% Jan. 26 18 53% Sale 51>% Jan. 27 % Jan. 11 % % 65% 65 Jan. 11 7 9 % Sale 77 % Jan. 2 6 102 Jan. 12 101 % 103 1 , % Jan. 3 1% Sale 99% Sale 99% Jan. 28 3% Jan. 28 3% Sale % Jan. 25 % Sale 3% Jan. 27 3% Sale Sale 66% Jan. 24 71 Jan. 24 8% Sale Jan. 21 93% Sale Jan. 17 Sale 123 69% Jan. 7 71% Sale Sale 135 Jan. 27 137 Jail. 28 11 1 2 % Sale 128% 129% 128 Jan. 11 46% Jan. 12 4 8 % Sale 59 60% 56 Jan. 3 99% Jan. 7 90 92 90 Jan. 22 100 Jan. 10 78% Sale 77 Jan. 4 104 lOo 103 Jan. 18 Sale 31 30% Jan. 28 Sale 10 ’ 0 Jan. 19 Sale 48 47% Jan. 20 26% Sale 26 Jan. 18 Jan. 31 Sale 102 102 16% 17% 17 Jan. 25 52% Sale 50 Jan. 25 106% 110 106% Jan. 12 107% 110 106% Jan. 5 105 108% 109% Jan. 5 33 32% Jan. 3 34 29 Sale 27% Jan. 3 107 108% 105% Jan. 3 134% Sale 133% Jan. 21 40% Sale 37% Jan. 25 __ Jan. 6 103 102 % 104 101 ____ Jan. 64 96 28% 8% 35% 20% 97% 15% 51% 77% 99% 106 32 23% 104% 123% 31 99 Apr. MLar. Oct. May June Aug. Jan. Sept. Nov. Mar. Feb. Aug. Nov. Oct. Mar. Mar. Oct. Mar. 19 2 Dec. I 1 104 D e c . 14 53% June 30 1 1 % Jan 29 50% Dec. 11 30% Jan 28 105 N ov. 19 2 0 % June 7 D ec. 1 ' 55 Dec. 28 108 07% Aug. ID Oct. 28 107 .lan. 4 51 46% Feb. 17 110 Nov. 13 141% D e c . 13 104% Feb. 10 Jan. 30 109 STOCKS-STOOK EXCHANGE RECOUP Sfi STOCKS H. Y. STOCK EXCHANGE SALES. In January. For Year 1926. Price about Jan 2 1926. PRICES IN JANUARY. [ V ol. 124. RANGE FOR YEAR 1926. Jan. 3. Lowest Jan. 31. H ighest Lowest. Highest Ask Hid Bid Pat Shares. Ask Bid Shares. Ask Sale Prices Sale Prices Sale Prices Sale Prices 166,200 4,715,700 45 K Sale Dodge Bros, Class A . no par 26% Sale 25% Sale 23% Jan. 18 27% Jan. 5 21% May 17 47% Jan. 2 16.900 Pref temp certifs__ no par Sale 82% Sale 480.000 87 83% Sale 81% Jan. 4l 83% Jan. 10 79% M ay 17 90 July 20 15.600 Dome Mines L td_____no par 353.700 16 % Sale 9% Sale 10% Sale 9% Jan. 28 11% Jan. 4 Mar. 13 8 Oct. 18 20 11,300 Douglas Pectin______no pat 46 Sale 77,900, 19% 2(1 52% Sale 46 Jan. 3l 53% Jan. 24 19 Mar. 30 46 N ov. 27 2,900 Duquesne Light 1st pref. 100 30,000! ! 1 2 % 113 H 116% Sale 115% 115% 115% Jan. 27 116% Jan. 3 111 % Mar. 3 116% Aug. 11 Sale 133 22,200 ttastman Kodak_____no par Sale 129 229,700! 111 Sale 126% Jan. 28 134% Jan. 13 106% Mar. 30 136% D ec. 27 Preferred_____________ 100 130 800, 110 118% 122 119% 120 116 119% Jan. 123 Jan. 12 115 Apr. 27 117% Oct. 27 19,100 Baton Axle & Spring._no par 24% Sale 539.700 29 % Sale 25 Sale 24% Jan. 26% Jan. 21 23 Oct. 20 32% Feb. 13 113,000 HIduPdeNem &( c nevmopa~ 376,100! 175% Sale 172% Sale 168 Jan. 177% Jan. 10 154% Nov. 4 181 % Dec. 27 3,600 6% cumul pref______.100 58,600; 101 % Sale 107 109% 106% Sale 105% Jan. 109% Jan. 100% Apr. 24 110% Dec. 10 10.900 12 Sale 129,300, Bisenlohr (Otto) Bros____ 25 12 Sale 11% Jan. 12% Jan. 10% Oct. 11 20% Feb. 1 800: Preferred_____________ 100 89 93 200 89 Jan. 90 93 90 Jan. 90 Sept. 7 93 Apr. 1 2,400 82,000j Electric Auto-Lite__ no par 65% Sale 64% Sale 63% Jan. 65% Jan. Feb. 1 61% Mar. 31 82 109,300 14% Sale 670,600, Electric Boat________ no par 14% Sale 13% Jan. 16% Jan. Dec. 27 4 Mar. 23 16 1,200 Elec Pow & Lt pf 40% pd w i 27.100 106 % Sale 104 105% 103% 104% 103% Jan. 99% Mar. 30 115 104% Jan. Feb. 11 Certificates___________ 53.600 1.508.600 32% Sale 18% Sale 17 Sale 16% Jan. 27 18% Jan. 15% Oct. 7 34% Feb. 10 Eull paid w i . ________ _____ 1,800 1 0 4 % ____ 103 102% Oct. 5 110% Feb. 26 88,800 92 % Sale 4,250 96% Sale Preferred certificates___ 96% Sale 96 Jan. 96% Jan. 89% Mar. 24 98% Sept. 10 180,900 Elec Refrigeration____no par 36% Sale 903,200, 35% Sale 32% Jan. 37% Jan. 33% Dec. 9 78% June 23 30.700 378.000 "73% Sale" 78% Sale Liec Storage 8attery.no par 73% Sale 72% Jan. 79% Jan. 71% Mar. 3 94% Aug. 19 1500 Elk Horn Coal Corp______50 27,3001 . . . . . 12 9 Jan. 9 10 10 10% 10 Jan. 8% June 16 16% Oct. 29 80 4,900! Preferred______________ 50 22% Sale 23% 25 22% Jan. 23% Jan. 21 Mar. 23 30% Oct. 30 800 l/.oO wmerson-BrantingCl A no oar 7% Jan. 7 12 7% 11 9 Jan. 6% Dec. 30 8% Dec. 24 200 Emporium Corp____no pat 200 36 Jan. 36 40 36 Jan. 36 Dec. 29 .36 Dec. 29 115,586 68 % Sale 5,600 66 Sale ctnciicctt-Johnson_____ 50 67 67? 64% Jan. 28 67% Jan. 65% Mar. 31 72% Feb. 8 500 11,000, 112 % 117 Preferred________ 100 116% Jan. ‘ 117% Jan. 115% 119 117% 120 114 Jan. 7 120 Sept. 15 15,500 54,400 22% Sale Engineers Pub Serv_.no 23% Sale 21% Jan. 24 Jan. 19% Oct. 23 24 % July 29 4,100 15,800! 93% Jan. 94 94% 97% Sale Preferred--------------- no par 98 Jan. 22 92% Nov. 3 96% Aug. 12 35.200, 1,200 Equitable Office Bldg p f. 100 119 Jan. 120% 123% 118% 119 122 Jan. 99% June 17 132% July 28 78.700 Erie Steam Shovel________ 5 74.800 27% Sale 24% Sale 24% Jan. 29% Jan. 21% Oct. 15 25% N ov. 12 3,600, 1,900 Preferred______ _______100 104 105 101% Jan. 101% 103 107% Jan. 25 102 N ov. 4 100 Oct. ~ 77,000 376,100 62% Sale 52 H Sale 66% Sale Eureka Vacuum Clean .no par 60% Jan. 25 67% Jan. 43 May 19 68% Dec. 18 16.700 16% Sale 800 15 15% 15 15% 15% Jan. 25 15% Jan. Exchange Buffet Oofp.no par 14% July 20 17 Apr. 22 6,200 66,750 33% Sale Pair (The) C o___________100 26% 27% 27% 27% 24% Jan. 27?£ Jan. Jan. 14 26% Dec. 31 34 9,000 163,700, 51% Sale Fairbanks Morse_____no 42% Sale 40% Sale 39% Jan. 42% Jan. 37% Dec. 30 59% Feb. 10 200 4,300' 107 % 108% 108 111 107 108% 108 Jan. Preferred________ 100 108% Jan. Feb. 8 106% Nov. 23 115 130,000 2,538,150 108 Sale Para Players-Lasky. ..no vat 114 Sale 111% Sale 108 Jan. 114% Jan. 03% Jail. 19 127% June 11 1,200 35,900! 116 Preferred_____________ 100 122 Sale 121% Jan. 117 120% 123 124% Jan. 115 Mar. 31 124% Dec. 6 630,000, 36% Sale 29,400 Pederal Light & Tracnew 15 39 Sale 41% Sale 37% Jan. 42% Jan. 28 Mar. 31 47% Dec. 13 1,600 102 Preferred__________ 100 92 94 92 94 105 June 18 94 Dec. 20 86 700 Sale 35.250 96 Federal Min & S m elt.III100 88 Jan. 75 88 80 93 90 Jan. May 22 111% Jan. o 41 2,900 131,500 99 % Sale 75% Sale Preferred_____________ 100 75% 76% 75% Jan. 77 Jan. 61 Mar. 3 105 Jan. 6 33.500 212,200 29% Sale I 26% Jan. 27% Sale Pederal M otor rru ck.no put Oct. 15 34% Aug. 11 30% Jan. 23 6,800 23,050 1 7 6 " Safe Fidelity Phenix Fire Ins. .2.5 94% Sale , 94 Jan. 188 195 160 Apr. 15,200% Jan. 23 193 Jan. 200 17,725 14% Sale Fifth Avenue Bus__ no vat 12% Jan. 13% 16% 12% Sale 13% Jan. 14 Oct. 141 21 % Feb. 9 12.700 102 700 105 99 97 100 97% Jan. First Nat Piet, 1st pref. .100 96 M ay 18 107 98% Jan. Feb. 13 4.100 First National Stores_______ 29 Sale 264.000! 39% Sale "28% Sale 28% Jan. 29% Jan. 28 Nov. 2" 49% Feb. 6 1,748,800! 23% Sale 35,600 Fisk Rubber______ . ..n o par 16% Sale 16 Jan. 16% Sale 14% M ay 20 26% Jan. 13 17 % Jan. 8.700 First pref stamped____100 81 Jan. 58,110 80 80% 85% Sale 86% Jan. 27 76% Apr. 19 84% Mar. 16 400 9,100' 98 99 1st pref conv ctfs_____ 100 98 101 97 Jan. 99 Jan. 7 94 June 3 107 Mar. 1 79.500 2.485.600 55% Sale Fieischmann Co, new ______ 46% Sale 47% Sale 32% Mar. 29 56% Feb. 1 46% Jan. 48% Jan 15,800 1,245,125 158 78 Sale Sale 80 Sale 76% Jan Foundation C o ..;___ no pat 73% Dec. 17 179% Jan. 25 81% Jan. Fox Film “ A ” ___________ 956.800 83% Sale 63.400 68% Sale 65 Jan. 70 Sale Jan. 2 55% Mar. 31 85 74% Jan. 140 4.200 106 Franklin Simon pref___ i6o 113 109% 1 0 9 % _____ 111 109% Jan. Ill Jan 106 Jan. 19 109% N ov. 10 291,800 2.793.000 2 0 % Sale Freeport Texas C o__ no par 41% Sale 34% Sale 34% Jan Dec. 4 19% Jan. 13 36 42% Jan 17,200 343.300 39% Sale Gabriel Snubber A __ no par 31% Sale 29% Jan. 29% Sale Feb. 11 31% Jan. 25% Nov. 11 42 76.700 2.100 6% Sale Gardner M otor______ no par 6% Jan. 27 7% Jan. 7% 8 5% Nov. 5 9% Jan. 4 9% Sale 15,300 268.900 55% Sale Gen Amer Tank Oar___ 100 47% Sale 46 Jan. 3 48% Jan. 46% Sale 39 Mar. 29 55% Jan. 2 6,500 101 1,600 107% 109 106% Jan. 5 108% Jan. 1 0 2 % 106 7% preferred_______ 100 108 99 % .Tune 24 109 D ec. 14 208,700 1,808,500 .67% Sale Genera] Asphalt________ 100 81% Sale 86% Sale 50 Mar. 3 94% Aug. 28 77% Jan. 2 Jan. 1,000 98.200 105 % 108% 125 130 Preferred____ ______ 100 118 127 120 Jan. 25 130 Jan. 94% Mar. 3 140% Aug. 28 1,010 160 General Baking p ref..n o pat 119 119% 119% 122 120 Jan. 11 125 Jan. 21 107 June 28 120 Mar. 2 130.800 8.700 Gen Cigar Inc, new w i no par 53% 52 Jan. 26 55% Jan. 15; 46 Mar. 29 59% Feb. 11 i 54% 54% 53 2 .1 0 0 106 400 Dec. 8 114% 116 117% 116% 121 Preferred_______ _10G 116 Jan. 5 117% 15 109 Jan. 11 118 4,000 112 100 113% 117% 116 117% 116 Jan. 11 116 Jan. 11 109% Apr. 12 118% Feb. 10 116 Debenture pref 17 %) _ . 100 1.925.000 111,500 83 Sale General Electric— New 81 Jan. 27 85% 83% Sale 13 79 June 9 95% Aug. 14 344.300 11 % Sale 32.400 11% Sale Jan 5 11% Dec. 14 11% Sale 8peciai when issued____10 11% Jan. 3 11% Jan. 5 11 9,320 238.300 58% Sale 42 Sale Gen Gas Dei A ______ no par Jan. 2 Mar. 30 59 41 Jan. 19 45 Jan. 22 34 41 42 7.400 400 40% Sale 39 Jan. 28 40% Class B ----------------- no par Oct. 20 48% Aug. 19 31 36 37 42 4,600 110 300 115% Sale 115 Jan. 15 115% 28 105% Apr. 8 113 111 112 115 Preferred A (8)------no par Sept. 9 6 .2 0 0 1,000 Miay 11 100 Sale 103 105% 100 Jan. 3 107% D ec. 9 99 99% 100 Preferred A (7)___ no par 24 95 5,490 700 97% 98% 96 Jan. 13 97% 21 92% Apr. 27 96 94 Jan. 4 Preferred B (7)___ no par 96 Sale 154% Sale 153% Sale 145% Jan. 25 155% Gen Motors Corp new no par 1,771,300 11,333,900 118 10 113 % Mar. 29 225% Aug. 9 2,900 99 ____ 105 Jan. 3 105 Feb. n 106 Dec. 8 Jan. 3 99 100 Preferred_____________ 100 1 0 4 % _____ 104 3.400 99 100 98% Apr. 13 105 June 22 100 105 Sale 104 ____ 0% debenture stock___100 103,400 115% Sale 120% Sale 121% Sale 120 Jan. 26 122 Jan. 7 113% Jan. 29 122% D e c.13 10.700 Preferred 7% new___ 100 93,900 53% Sale 7.100 58 Sale Mar. 30 56% Aug. 4 55% Jan. 25 58 Jan. 31 51 Gen Outdoor Adv A ..n o par 56 Sale 287,850 31% Sale 18,800 39% Sale 37 Jan. 39% Jan. 31 26% Mar. 30 39% Dec. 27 39 Sale Trust certificates__ no par 2,300 103 200 105 k ------- 104 104% 105% 104 Jan. 105 Jan. 10 103 Apr. 14 i05 N ov. 16 General Ry Signal P ref._100 859.900 78% Sale 70.700 88 Sale 88% Jan. 27 60% Alar. 31 93% Aug. 23 82% Jan. New---------------------- no par 83% Sale 11.800 49 M ay 27 49 400 38 Jan. 42% Jan. 15 36 Jan. 4 51 40 43 General Refractories_.no par 36 45 21,100 339.900 77% Sale 43% Sale 40 Jan. 44% Jan. 28 41% Nov. 16 78% Jan. 4 42% Sale Gimbel Brothers_____no var 1.500 16.200 108 104% Jan. 11 100 N ov. 10 111% Jan. 19 112 104 104% 102% 103% 103 Jan. Preferred_____________ 100 401,550 23% Sale 55.800 18% Sale 18% Jan. Glidden & C o________ no put 21% Jan. 3 15% June 3 25% Jan. 7 20% Sale 522,700 47% Sale 9.800 Sale 42% Jan. 45% Jan. 10 41% Mar. 31 56% Feb. 4 Gold Dust certifs___ no par 43 43% 44 30 117 ___ 116% Jan. 261117% Jan 27 -Gold & Stock Telegraph____ 44.400 Sale 761,400 63 48% Sale 42% Jan. 3| 48% Jan. 31 39% N ov. 30 70% Feb. 3 42% Sale Goodrich (B F )______ no par 1.800 95 Jan. 3 97 Jai . 26 94% Doc. 22 100 Feb. 9 17,410 97 Sale 97 98 97% 95 Preferred_________ 100 1,000 13,850 105% 106% 104% 105% 107 107% 105 Jan. 7ll07% Jan. 26 104% Dec. 18 109 Sept-. 14 Goodyear Tire pr pf w i_ .100 4,800 99 Sale 103,600 104% Sale 99% Sale 98% Jan. 27! 100% Jan. 10 96% Dec. 16 109% Aug. 16 Preferred_____________ 100 13.600 62% Sale 57% Jan. Jan. 31 33% Mar. 30 69% Nov. 15 379,000 39% Sale Gotham Silk Hosiery .no par 60% Sale -------------. . . 112 2 62% 6.500 58 Jan. 117,200 62% Jan. 31 47% July 2 68% N ov. 15 New---------------------- no par 60% 60% 62% Sale 200 Preferred _ __________ ion 41,400 102% Sale 111 Apr. 6 125 Aug 17 111% Jan. 7 111% Jan. 7 98 111 % 111% 112 1,000 Preferred new________ 100 104% 105 104 Jan. 26 106% Jan. 39,910 9-16 Sale % Jan. 7 % Jan. R ights_______________ 2 .1 0 0 50.400 20% Sale 8 Oct. 30 21% Jan. 23 9% Jan. 10 9% Jan. 9% 9J 9% 10 Gouid Coupler " A ” ________ 16% Mar. 31 36% Dec. 9 32 Sale 563.300 20% Sale 34.400 31% Jan. 27 35 Jan. 35 Sale Granby Cons M S & P ..10 0 57.000 89 Apr. 14 113% Dec. 14 Sale 109 Jan. 26 114% Jan. 307.000 95% Sale 109% Sale 112 Great Western Sugar_____25 1,640 108% Mar. 30 118% July 22 121 Sale 118% Jan. 4 121% Jan. 5.900 113% 118 Great Western Sugar preflOO 19.000 9% Apr. 15 34% Dec. 14 29% Sale 29% Jan. 27 32% Jan. 261.900 12 13 30% Sale Greene Cananea Copper. 100 5.000 5% Jan. 5 10% Feb. 1 8 Jan. 25 10 Jan. 4 135.700 5 5% 9% 9% Guantanamo Sugar__ no par I-MI 80 Mar. 8 95% Dec. 16 220 95% Jan. 24 96 Jan. 13 90 ____ 96 102 Preferred_____________ 100 86 95 12.800 53 Jan. 4 57% Jan. 26 51% Oct. 25 93% Jan. 4 56% Sale 332,100 92% Sale 54% Sale Gulf States Steel_______ ]0O 103 1,700 107 99% Jan. 7 102 Jan. 27 100 Oct. 30 109% M ay 11 170 ____ 99% 101J 102 First preferred_______ 100 56 Sale 1,595 56 Jan. 31 67 Jan. 19 45 June 18 60 % Dec. 27 6.900 54 57% 60 61% Hanna 1st preferred.. 100 26 Sale 900 26 Oct. 20 28% N ov. 15 25 Jan. 22 27 Jan. 7.500 26% Sale Hartman Corp Class A nopar 24% Dec. 28 30 24% 25% 24% Jan. 28 26% Jan. 56.600 6.000 26% Sale Sept. 1 Class B ___________ no'par 17% Dec. 23 46 Jan. 14 16% Sale 12.600 16% Jan. 25 20 Jan. 203.400 45% Sale 20 Sale Hayes Wheel________ no'par 100 N ov. 29 107 101 Jan. 17 101% Jan. M ay 20 1,800 100 104 500 101% 104 Preferred_____________ 100 Dec. 7 Mar. 29 88 79 79% 76% Jan. 800 80 Jan. 8 68 26,800 68 80 70% 75 Helme (G W )___________ 25 118% Jan. 11 115 M ay 10 N ov. 8 944 117 ____ 117% 123% 118% Jan. 119 Preferred_____________ 100 22 Sale 22 Jan. 3.200 23 Sale 28 Jan. 12 17% M ay 27 35% Aug. 11 38,000 30% Sale Hoe (R) & Co Class A .no par 1.200 60 Jan. 63% Jan. 12 47% Jan. 4 63 59% 61 Sale Oct. 9 24.400 48 60 62 Homestake Mining____ 100 Mar. 3 48% Jan. 8 48 Jan. 28 40 47% Sale 43% Jan. 19.800 43% Sale 98,700 46% Sale Household ProductS-.no par 76% Jan. 31 50% Mar. 31 71 76 Sale 62 Sale 60% Jan. Jan. 5 57.500 144.700 71 73 Houston Oil of Texas___ 100 Jan. 8 45 38 Jan. 40 Jan. 3 27 38% Sale 19.700 40 Sale Sept. 15 516.400 27% Sale Howe Sound________ no par 48% Jan. 24 59% Jan. 5 40% Oct. 29 123% Jan. 4 56 Sale 993,800 10,574,910 113 55 Sale Sale Hudson Motor Car__ no par' 21% Sale 21 Jan. 17 23% Jan. 10 17 M ar. 2 28% Jan. 4 22% Sale 59.000 1,142,900 27% Sale Hupp Motor Car Corp__ 10 32% Sale 29 Jan. 3 32% Jan. 15 19% Mar. 30 34 Jan. 2 30% Sale 101,900 1.552.000 32% Sale fndep Oil & Gas_____no par Oct. 29 24% Feb. 4 15 15% 15 Jan. 21 15% Jan. 15 15 2.500 15 17 51,800 18% 20 Indian M otocyele___ vm par Dec. 6 100' Feb. 15 Jan. 21 95 400 93 92 94 _____ 92 Jan. 17 93 70 Preferred_____________ 100 7% Oct. 20 13% Feb. 11 8 Salq 7% 8 7% Jan. 29 8% Jan. 13 5.100 188.900 12 % 12 % Indian Refining_________ 10 8% Sale 7% Oct. 20 12% Feb. 13 7% Jan. 12 8% Jan. 21 9.000 Sale 73 Sale 82,410 12 Certificates____________ 10 102 107% 107 Jan. 20 107 Jan. 20 90 M ay 14 104 Jan. 7 107 100 100 4,100 04 107 Preferred_____________ 100 93 94 92 Jan. 10 95% Jan. 3 80% Mar. 31 104 Jan. 5 95% Sale 1.100 105 39,300 99 Ingersoll-Rand N ew ____100 34% M ay 11 43% Dec. 20 42% Sale 41% 41% 41% Jan. 22 43% Jan. 11.000 Sale 144.400 43 Inland Steei_________ no par 108% Mar. 16 115 112% 111 Jan. 3 I l l Jan. 111 Sale 106 Feb. 9 300 113 5.500 Preferred_____________ 100 20% Mar. 30 28% Nov. 10 24 24% 24 Jan. 27 25% Jan. 9.000 25 Sale 193.700 25% Sale Inspiration Cons Copper .20 12 Dec. 31 21% Feb. 11 12 12 % 11% Jan. 3 13% Jan. 12% Sale 12.800 379.700 Intercontln’l Rubber.no par 9% Dec. 8 26% Jan. 22 9% Jan. 25 10% Jan. 2,900 10% Sale Sale 9% 10% 233.000 20 Internal Agricuitural.no par 57 Nov. 9 95 Jan. 27 62% 64 61 63% 60% Jan. 26 63 Jan. 1,100 85 51.600 75 Prior preferred_______ 100 (138% Mar. 30 56% Dec. 15 55% Sale 53% Jan. 13 57% Jan. 54% Sale 20,000 342.300 147% Sale Int Business Machines no par 44% Oct. 20 71% Jan. 27 45% Jan. 21 51% Jan. 47% Sale 51 % Sale 34,300 302.900 67 % Sale Internat Cement_____no pat 15,709 100 Sale 102% Jan. 211104% Jan. 101% Oct. 26 106 Jan. 26 1,100 104% 105 103 104 Preferred_______________ 43% Jan. 28 49% Jan. 33% Mar. 30| 64% Jan. 5 46% Sale 49% Sale 171,400 5.108.000 62% Sale Inter Combus Eng__ no var 112% Mar. 29 158% Dec. 15 Sale 140% Sale 135% Jan. 18 143% Jan. 45.500 2,541.500 129% Sale 143 internat Harvester..____100 118 Jan. 5 129 Dec. 27 30,500 118 119% 127% Sale 127% Sale 126% Jan. 12 128 Jan. 2 , 200 , Preferred_____________ 100 62% Jan. 17 64% Jan. 53% Mar. 3 66% Feb. 23 63% Sale 63% Sale 299,630 57% Sale 22 , 000' Internat Match pref_____35 d New stock issued on basis of 3 shares o f new for each share of old stock. k Ex-dividend of 50% in stock. STOCKS a. Y. STOCK EXCHANGE SALES. In January. Par Shares. 8.500 Internat Merc M arine.. iOO 58.900 Preferred___________ IOi 252,400 Internationa) Nickel____ 25 700 Preferred____________ 100 37.000 International Paper____ 100 6.400 Preferred (7) ___________ 340 International Salt______100 300 international Shoe__ no vat 89,100 Int Tel & Tel___________100 700 tntertype Corn __ no pat Island Creek Coal________ 1 40 24.300 Jewel Tea Inc___________100 100 Preferred_____________ 100 31.300 Jones Bros Tea Inc_____100 500 Jones & Baugh Steel pref. 100 Jordan Motor Car___ no par 17.900 1.400 Kansas City Lt 1st pf.no par 400 Kansas & Gulf___________10 36.000 Kayser (J) & Co uew.no par 4,900 First preferred new .no par 18,200 Kelly-Springfield Tire___ 25 400 Preferred 6 % ________ 100 1,100 Preferred 8 % ________ 100 1,800 Kelsey Wheel Inc_______100! 25 Preferred_____________ 100 94.900 Kenuecott Copper__ no par 5.500 Keystone Tire & Rub.no par 3,300 KlDney (G R )_______no par 1,130 Preferred __ . . . IOO 6.500 Kraft Cheese_____________25 99.300 au-esge (MS) Co new ... 10| 100 Preferred_____ ____ 100j 2 ,0 0 0 Kresge Dept Stores__ no par\ 100 Preferred__________ 300 Kress (S 11) & C o ____ 100 500 N e w ----------------------no par 180 Kuppenheimer & C o______5 Preferred________________ j 50| 800, Lacleue lias (St Louis; . . 1 00 j 60 0 : Preferred_____________ 100 R ights__________________ 9.400: 2.500 Lago Oil & Transport.no par 19.200 Lambert Co ctfs______no par 2,0 0 0 Lee Rubber & Tire__ no pat 10.700 Lehn & Fink________ no par 5.100 Life Savers__________ no par 12.200 Lima Loco Works___ no par 1.300 Liggett & Myers Tob pf.100 5.100 New__________________ 25 43.600 B new_________________ 25 25.000 Liquid Carbonic ctfs..n o par 170.700 Loews Incorporated. _nd par 26,100 Loft Incorporated___ no par 4.500 Long Beil Lumber A no par 7.000 Loose-Wiles Bis tr ctfs__ 100 300 First preferred_______ 100 300 2d preferred_________ i00 600 Lorillard (P) pref_______ 100 N ew__________________ 25 14.800 185.200 Louisiana Oil________ no par 1.000 Preferred_____________ 100 7.600 Louisv Gas & El A ctfs no par 19.100 Ludlum Steel________ no par For Year J926. Bid. 1 4 1 .1 0 0 10% 1 .3 5 2 .9 0 0 41 % 1 ,8 2 5 ,4 0 0 45 % 3 ,5 0 0 98 5 3 5 .1 0 0 62 Hi 49.300 98% 200 1 0 .3 0 0 170 % 9 5 0 .2 0 0 121 3 0 .3 0 0 26 400 1 9 1 .4 0 0 24 5 .6 0 0 116 6 9 .4 0 0 15% 3 ,2 0 0 113% 1 ,3 2 7 ,2 0 0 48 % 1 2 .5 0 0 107% 1 9 .4 0 0 % '39% 2 4 7 .2 0 0 101% 1 2 ,2 9 ! 18% 2 8 5 .4 0 0 4 ,8 0 0 68% 11.000 69 % 6 3 ,2 0 0 116 5 0 0 113 55 2 ,0 7 4 ,7 6 / 2 1 0 9 ,9 0 0 82 3 9 .3 0 0 98% 6 ,9 0 0 1 .3 9 0 .7 0 0 5 0 4 .2 0 0 1 0 8 ,6 0 0 2 7 8 .8 0 0 1 4 8 .8 0 0 1 2 0 ,6 0 0 1 2 ,4 6 2 6 8 .9 0 0 3 3 9 .6 0 0 1 1 7 .2 0 0 1 ,0 7 0 ,1 0 0 3 7 8 .1 0 0 4 2 .6 0 0 1 0 3 ,0 0 0 2 .4 0 0 1 2 ,3 0 0 1 2 ,8 0 0 6 1 0 ,3 0 9 7 0 0 .8 0 0 8 .4 0 0 1 3 9 .1 0 0 2 3 6 .9 0 0 PRICES Jan . 3. Bid 6% 38 38% 10414 55% 96 % 65 Sale 161 Sale 126% 28 % 19% Ask Sale Sale Sale ____ Sale Sale 29 % 160 13 Sale 40 % Sale ~69% 69% 123 125 87 90 87 87% 38% 7% 49 139% 112 137 113 35% 19% Sale 7% Sale Sale 115 143 % 116 Sale Sale 23 Sale 53% 54% 116% 108 22% 136 71% 153% 109% 104% 103 42% 25% 38 70 56 % 32% 117 110 Sale 138 74 Sale 176 100 Sale 110 21% 66% 7% 35% 23 64% 125 101 101% 53 48 6% 42% 151% 118 150 117% 32% 17 94 23% 28 Sale Sale Sale Sale Sale Sale 126 103 Sale Sale Sale Sale Sale Sale 120 170 Sale Sale Sale 96 Sale Sale 74 82 75% Sale 56 34 105 174 98 5% 21% 66% 7 35% 22% 63 126 100% 99% 54 51% 7 41 160 117% 150 114 30% 16% 96% 24% 27% 59 34 105 Sale 173% Sale 95 Sale 5 Sale 20% Sale 66 Sale 7 Sale 35% 22 23 Sale 62 130 124% Sale 99 99% 97% Sale 51 Sale 46% Sale 6% 4(1% Sale Sale 150 118% 118 165 118 117 Sale 30% Sale 13% 95 97 24% 23% Sale 26% 62% 63% 111 25 126 71% 94% 108 101 137 % 34% 15 45% 76 54 25% 119 41% 20% 57% 31% 21 86 100% 63% Sale 112 25% 127 72 Sale 109 104 Sale Sale 16% Sale Sale Sale Sale 137% Sale Sale 69% 68% 125% 125 Sale 1% Sale 27% Sale 25 Sale 7% Sale 15% Sale 38 104% 104% Sale 2% Sale 1% 111 112 33% 36 82% Sale 118% Sale 62% Sale 10 Sale 4% Sale 12% Sale 34 Sale 22% 11% 10 88% 78 Sale 38 8 31% Sale 65% Sale .3 % Sale 97 Sale 131 Sale 41% Sale 19 61 69 Sale 76% 27 25 94% 91% Sale” 18% 46% 43% 26 25 82% 84 Sale 162% 118% 117 Sale 20 Sale 92 114% 115 22 22 11% 12% 37 94 1% 128 Sale 22% Sale Sale Sale 94% Sale Sale 80% Sale 112 80% 35% 7% 20% 43% 30% 17 87 38 11 % Sale Sale Sale Sale Sale Sale Sale 89% Sale Sale 464% Sale 12% Sale 78% Sale 1 2 5 % -----53% 89 80 42 97 31% 73 39% 88 167 116% 55% 106 214 232 13 36% 37 6 69% 6% 98 132 40% Sale 20% 93 65 Sale 70% Sale 26% 98 92 Sale 19% Sale 43 Sale 24% 90 81 Sale 165% Sale 117% 20% 57 82% 110% 114 222 238 120 125 Sale 14% Sale Sale 42% Sale 60 36 43% Sale Sale Sale 22 Sale 105 Sale 125% Sale Sale Sale Sale Sale Sale Sale Sale 1% Sale 34% Sale Sale Sale Sale Sale Sale Sale 11 80 Sale 1% Sale Sale 6 Sale 133 Sale Sale Sale Sale 26 92% Sale 45 27 84% Sale 118 Sale Sale 115% 244 116 120 14% Sale 43% Sale 62 58 110% 25% 120 70% 88% 109 102 124 33% 14% 41 72 53% 24% 119 40 18 55% 27 20% 82 103 136% 67 % 124% 1 23% 24% 6% 15% 34% 103 1% 1% 110 31% 81% 118% 60% 8% 4% 11% 33% 20% 10 80 37 6 30% 63 5% 94% 130 39% 18 61 70% 25 91% 18% 44 24% 81 160 117% 19% 82 114% 243 114% 14% 40% RANGE FOR YEAR Highest. Lowest. Sale 6% 37 % 38% 105 53 % 96% 65 160 122% 19% 219 53% 123% 10% 119 18% 112% % 50 111% 9% 44 37% 77 116% 61 % 28 83 55 45 % 112 14% 74 60 83% 54% 49% 105 17% 74 55% 120 14% 116% 19 113 % 55% 119 10% 45 38% 79 113% 61% Sale 127% 74 Sale Sale 106 Sale 35% Sale Sale 73 Sale Sale 119 40 18% Sale 27 21% Sale 137% 67% 124% 1% 23% 24% 7% 16% 35% 103% 1% 1% 110 33% 82 117 67% 12 4% 12% 34% 20% 9% Ask Sale Sale Sale JANUARY. Sale 99% 71 161 Sale Sale 24% Sale 124 15 118 Sale Sale % Sale Sale Sale 48 Sale Sale 116% Sale Sale 63 Sale 56% Sale 112% Sale Sale 25% 126 71 97% 110 % 110% Sale 103 105 125% Sale 35 Sale 15 43 41 80 72% 57 56% Sale 25% 118% 32 36 38% 26% Sale 18% 59% Sale 57% 27% 28 26 19% Sale 21% 105% Sale 83% 123"* 124" IN Jan 31. Ask Bid. 7 7% Sale 38% Sale 41% 106 Sale 56% Sale 99% 70 70 163% 157 Sale 125 21% 19% 25 53% Sale 120 125 120 Sale 11% Sale 113% 117% 120 Sale Sale 21 109 113% Sale Sale % % 41 51% Sale 104 111 113 SaleSale 10% 72 52 48 75 44% 48 119 80% 86 116% 121% Sale 61% Sale Sale % Sale 87% 42% 46% 102% 84% 84% 57% Sale 54% Sale 112 113% 28 % Sale 21 19 90 97 85 80 525 _____ 359 495 1 .4 0 0 25 5 0 0 :io o 3 3 ,1 0 0 l!lS 7 300" 5 .4 0 0 600 McCrory Stores______no par 5.900 8 3 ,0 0 0 McCrory Stores, cl B .no par 3 .4 0 0 525 Preferred_____________ 100 7 2 .4 0 0 McIntyre Por Mines______5 2,200 2.700 1 3 ,4 6 8 Mackay Companies_____100 1 6 ,8 0 0 2.300 Preferred_____________ 100 374.700 4 ,5 1 5 ,7 5 0 Mack Truck Inc_____no var 1.500 1 7 ,5 0 0 1st preferred_________ 100 300 8 .4 0 0 2d preferred_________ 100 9.800 1 6 8 ,4 0 0 Macy----------------------- no par 92.400 1 9 7 ,7 0 0 Magma Copper_____ no par Mallinson(H Rl& C o.no par 3.800 1 3 8 .8 0 0 2 3 .4 0 0 Manati Sugar__________ 100 2.600 1.300 1 4 ,1 0 0 Preferred . . 100 8,600 7 0 0 ,3 0 0 Manhattan El Supp_.no par 2.300 6 5 ,1 9 7 Manhattan Shirt______,..25 10 606 Preferred_____________ i00 700 3 0 ,2 0 0 Manila Electric Corp.no par 35.400 2 7 7 .9 0 0 Maracaibo Oil TGxpl__ no par Marland Oil_________ no par 277.200 3 .6 7 8 .7 0 0 28.100 7 1 .9 0 0 Marlin-Rockwell____ no par 2,600 Martin Parry Corp__ no par 5 4 .6 0 0 6,600 Mathieson Alkali Wks.no nor 2 2 9 .6 0 0 Preferred_____________ 100 150 1.900 5 5 0 .1 0 0 May Dept Stores________ 6u New__________________ 25 13.500 400 40 3 ,0 0 0 Preferred_____________ 100 Rights___________________ 24,684 9 ,7 0 0 77.500 1 8 1 ,8 0 0 Maytag C o---------------- no par 6.300 3 9 ,1 0 0 Metro-Goldwyn Pic pref. .27 10.400 3 2 9 ,4 0 0 Mexican Seab'd Oil__ no par Miami Copper____________5 15.700 4 3 5 .1 0 0 1 ,3 3 5 ,7 0 0 Mld-Cont’l Petrole'm.no pa 295,800 1.300 Preferred_____________ 100 1 4 .6 0 0 Middle States Oil________ 10 212,400 5 2 3 .8 0 0 17.500 7 5 ,3 0 0 Certificates____________10 1.400 5 1 ,2 0 0 Midland Steel Prod pref. 100 3.800 Miller Rubber ctfsJ*-l .no par 7 2 .5 0 0 4.800 Montana Power________ 100 3 6 6 ,0 0 0 200 Preferred_____________ 100 3 ,4 0 0 165,900 3 ,7 9 1 ,5 0 0 Montgomery Ward & C o . 10 24.900 5 8 1 ,7 1 2 Moon Motor Car_____no par 17.000 Mother Lode Coall__ no par 2 7 9 ,3 0 0 Motion Picture Corp_.no p« >• 6.400 1 7 4 .8 0 0 6.900 Moto-Meter Class A _______ 5 3 4 ,6 0 0 Motor Wheel tem ctfs.no par 21.800 2 0 9 ,5 0 0 Mullins Body________ no par 1,200 4 0 .5 0 0 Preferred_____________ 100 20 3 ,1 0 0 7.100 M unsing wear________ no par 2 3 .6 0 0 500 Murray Body ctfs . no par 4 8 7 ,2 0 0 New__________________ 900 Nash Motors C o ._ __ no par 396,300 3 ,0 6 7 ,7 0 0 4.500 5 0 ,8 0 0 National Acme stam ped..10 National B iscu it________ 25 43.800 1 .0 9 0 .4 0 0 1.700 1 0 ,6 0 0 Preferred_____________ 100 Nat Cash Regis A w l.nopar 29,200 8 5 4 ,5 0 0 Natl Cloak & Suit______100 3.400 1 4 6 .6 0 0 1,600 2 5 ,0 0 0 Preferred_____________ 100 Nat Dairy tem ctf___ no par 82.400 9 8 8 .4 0 0 4.400 111,200 National Dept Stores.no par 400 7 ,5 3 0 PTeferred_____________ 100 Nat Distill Prod v t c.n o par 7.300 1 5 4 .7 0 0 Preferred__________no par 3,000 3 3 .5 0 0 Nat Enamel & Stamp__ 100 3.100 8 8 ,9 0 0 Preferred____ ________100 800 4 ,7 1 0 National Lead_________ 100 6.700 1 5 6 .4 0 0 Preferred____ ________ 100 900 1 1 ,8 5 0 Nat Power & Lt ctfs..n o par 72.600 1 .4 3 2 .4 0 0 National Supply_________ 50 37.600 2 7 1 .6 0 0 Preferred_____________100 200 2 ,4 0 0 National Surety________ 100 230 1 ,3 7 2 v&tlonal Tea C o _____no par 1,600 3 4 .5 0 0 Nevada Consol Copper____5 40.800 6 2 7 ,3 0 0 N V Mr firalfr no par 351.700 16.900 0 After payment o f 300% stock dividend. Price about Jan. 2 1926 Shares. 3 7 .5 0 0 1 .6 9 9 .9 0 0 80 0 1 0 1 ,6 0 0 4 ,6 5 0 130 £7 STOCK EXCHANGE RECORD Oi 00 STOCKS F eb., 1927.] Lowest. Sale Prices Prices. Jan. 4 7% Jan. 5 Jan. 6 40% Jan. 20 Jan. 3 43% Jan. 11 17 106 Jan. 3 60% Jan. 10 Jan. 3 99% Jan. 28 Jan. 21 Jan. 5 72 Jan. 21 161 Jan. 4 Jan. 25 129 % Jan. 8 Jan. 31 21 % Jan. IS Jan. 13 240 26 Jan. 3 58% Jan. 5 Jan. 28 123% Jan. 28 Jan. 3 16% Jan. 19 Jan. 6 119% Jan. 21 Jan. 18 22% Jan. 5 Jan. 26 114% Jan. 13 Jan. 11 % Jan. 11 Jan. 4 57 Jan. 17 Jan. 12 119 Jan. 31 Jan. 27 11 % Jan. 10 Jan. 19 48 Jan. 10 Jan. 4 Jan. 25 43 Jan. 26 85 Jan. 4 Jan. 5 116% Jan. 5 Jan. 29 62% Jan. 3 Jan. 3 % Jan. 3 Jan. 17 45 Jan. 5 Jan. 17 86% Jan. 14 Jan. 28 59 Jan. 13 Jan. 28 55 Jan. 7 Jan. 10 J 12% Jan. 5 Jan. 29 17% Jan. 31 Jan. 31 80 Jan. 4 61 Jan. 22 36% Jan. 22 105 Jan. 27 176 Jan. 5 100 6 Jan. 13 21 % Jan. 28 68% Jan. 4 Jan. 3 37 % Jan. 7 23% Jan. 6 65 Jan. 27 126% Jan. 21 102% Jan. 24 102% Jan. 5 57% Jan. 4 52% Jan. 10 7% Jan. 15 42% Jan. 18 164% Jan. 4 118% Jan. 18 164% Jan. 25 118% Jan. 25 32 % Jan. 22 18% Jan. 10 96% Jan. 3 25 Jan. 12 29% 15 Jan. 18 22 Jan. 3 Jan. 4 14 Jan. 20 Jan. 19 Jan. 3 Jan. 19 Jan. 13 Jan. 6 Jan. 21 Jan. 4 Jan. 18 Jan. 19; Jan. 29! Jan. 20 Jan. 7j Jan. 5 Jan. 24' Jan. 5, Jan. 13 Jan. 3l Jan. 5 Jan. o%, Jan. 14 Jan. 22 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. .Tan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 28 20 14 25 14 7 24 25 18 6 25 24 3 18 25 18 15 22 6 28 10 6 6 7 5 27 4 29 15 3 27 6 3 10 3 25 14 25 28 75 75% 116% 26% 126 72 97% 111 104 137% 35% 16 45% 76 57 % 26% 119 43% 22% 58% 32% 22% 86% 105 137% 69% 125 1% 27% 25% 7% 16% 39% 104% 2% 2 113% 35 83% 118% 27 67% 26 12% 3 4% 17 13 31 35% 3 24% 5 10% 14 80 3 39% 4 6% 27 32 28 73% 18 6% 27 1 0 1 % 10 132 3 42 22 21% 31 67% 3 76% 18 26% 26 94% 24 20% 25 48% 11 29% 4 83% 27 168 14 118% 28 22 3 94% 14'114% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 6 27 32% 1 0 1 Vs 44% S9 75 135 111 18% 167 25 115% 9 114 12 107% % 33% 100 9 45 43% 76% 113 49% 39 85 56 % 42% 112% 15% 70% 485 Highest. Prices. Sale Prices Sept. 21 12% Feb. 17 Mar. 30 46% Feb. 16 Mar. 30 46% Jan. 5 104% Dec. 29 Apr. 15 63% Aug. 30 M ay 7 100 Doc. 13 Aug. 4 75 Aug. 4 May 6 175 Jan. 11 Mar. 3 133 Jan. 25 July 24 29 Jan. 7 Feb. 17 172U Feb 11 Jan. 4 56.% Dec. 23 Jan. 29 127% N ov. 12 Dec. 4 19% Feb. 5 Jan. 8 120 Aug. 9 Nov. 12 06 Feb. 19 Mar. 29 115 Nov. 27 Mar. 4 % Jan. 3 M ay 20 51% Dec. 27 Dec. 22 M ay 26 113 Oct. 9 21 % Feb. 6 Dec. 1 73% Feb. 5 Oct. 20 74% Feb. 5 F eb. 4 Nov. 26 126 Jan. 151118% Sept. 30 Mar. 30 64% Nov. 16 M ay 21 2% Jan. 2 Nov. 5 82% Jan. 7 Sept. 23 99% J n 25 Doc. 21 68 Nov. 15 Mar. 30 82 ti. 29 N ov. 22 114% Feb. 26 Mar. 25 33% Jan. 14 Mar. 26 93% Feb. 1 Dec. 7 Feb. 19 29% June 21 35 103 Mar. 29 196% Dec. 8 Sept. 29 101% Dec. 28 1 on 146 86 41% 88 112 120% 111% 27% 12 93 22% 22% May 14 May 7 Dec. 3 Mar 30 M ay 4 Mar. 31 Jan. 18 Mar. 31 Mar. 24 Oct. 15 Mar. 2 Oct. 8 Dec. 31 Mar. 30 Jan. 19 Mar. 30 Apr. 5 Oct. 25 Mar. 3 Dec. 10 Mar. 31 Oct. 25 70% 72 105 22% 122 68 S9% 107% 102 86% 34 12% 27 55 44 21 % 113% 27% 16% 49% 24% 17 62% Oct. Mar. Apr. Oct. Oct. Mar. Nov. Nov. Oct. Mar. Apr. Nov. Apr. June Oct. Oct. June Mar. Oct. Mar. Oct. M ay M ay 106% 69 % 122% t% 19 22% 6 11 27% 90 % % 107 30 69% 11 2 56 9% 4 10 % 33% 19% 8 83 34% 3 M ay 17 Dec. 28 Feb. 2 Dec. 29 M ar. 3 Jan 28 Feb. 25 Mar. 3 July 22 Mar. 30 Nov. 19 Oct. 8 Mar. 30 M ay 17 Mar. 26 19 23 19 28 19 27 13 27 6 8 82 37% 7% 23 % 53% 33% 19% 94% 38% 15% 5 652 7 5 74 10 3 126 22 37% 10 18 Mar. 24 Nov. 30 Jan. 8 Feb. 17 Oct. 26 Nov. 3 Nov. 19 Apr. 14 Oct. 25 Oct. 15 M ay 18 Aug. 2 July 14 July 13 Apr. 15 Jan. 16 M ar. 2 Jan. 4 Mar. 30 70% 12% 102 131% 54 57 92% 80 42% 97 34 73% 40% 89% 180 120 38% 88 116 4 3 4 8 4 27 3 4 4 20 4 5 31 6 4 12 15 27 IS 17 24 10 13 6 3 10 27 3 21 22 5 3 21 31 11 10 20 10 5 ‘>5 5 5 3 17 5 7 19 14 11 10 27 13 21 10 10 17 18 17 28 10 8 6’ 28 15 10 Jan. 11 i118 Jan. 6 Jan. 31 15 Jan. 3j Jan. 8 43% Jan. 311 >926. 19% 39% 6% 30% 17% 53% 119% 72% 71 43% 34 % M ay Nov. Nov. Dec. M ay Nov. Nov. Aug. Apr. M ay 24% 72 14 41% 25 69% 129% 103 102% 58% 48% 11% 50% 177% 119% 120 42% 19% 98 26% 58% 8 117 30 121 1 110 14 30 26 138 19 73% 4 159 23 113 5 108% 29 131 19 44 % 1 28% 14 50% 4 82 16 87% 20 32% 10 120 20 45% 6 28 30 63% 21 33 20 23 12 106% 145% 70 126 1% 24% 25% 13% 17% 37 104% • 2% 1% 133% 44% 86% June Nov. Jan. Jan. Dec. Jan. May Dec. Dec. Nov. Dec. Feb. Feb. Dec. Dec. Dec. Aug. Feb. June Dec. Feb. Feb. 14 5 4 2 15 4 5 31 28 19 6 10 3 15 10 14 31 3 2J 15 10 4 Feb. 19 Jan. 11 Feb. 18 Feb. 15 Feb. 9 Feb. 9 Jan. 4 June 3 Sept. 3 Dec. 22 Feb. 10 Jan. 5 Jan. 28 F eb. 1 July 19 Jan. 4 Dec. 31 Sept. 14 Feb. 2 June 17 Mar. 11 June 25 Jan. 2 Oct. 26 Dec. 28 Dec. 8 D ec.‘ 28 Sept. 8 Nov. 24 July 23 Oct. 1 Jan. 2 Dec. 23 Jan 8 Dec. 20 Feb. 23 Feb 25 Nov. 11 Jan. Feb. Feb. June Feb. Feb. Feb. July July Feb. 2 10 8 3 10 15 1 19 6 20 Dec. 23 Jan. 9 Dec. 20 Apr. 28 Jan. 2 58% 53 Jan. 2 24 Jan. 7 89% Jan. 19 12% 37% Jan. 4 Jan. 2 21% 76 Jan. 4 138 Dec. 20 116 16% 55% Dec. 10 104% Dec. 3 9OK 116% Nov. 4 238 11% June 1 16% Nov. 6 36% Jan. 2 46% Sept. 7 38 STOCKS—STOCK EXCHANGE RECORD SALES. STOCKS a. Y. STOCK EXCHANGE Par New York Canners__ no par Preferred_________ no par New York Dock________ 100 Preferred_____________ 100 N Y Steam 1st pref__ no par Nlag Palls Pw Pfd. new Niag Lockp & Ont Pow p i ___ Nortn Arner’n wflen lss___10 Preferred______ . ___ 50 North Amer Edison of .no par Northwestern Telegrap' Norwalk T & R ub__ _ Preferred________________ Nunnally Co (The)__ no par Oil Well Supply_________ 25 100 Preferred__________ Omnibus Corp_______ no par 100 Preferred________ Oppen’m, Coll & C o-no par Orpheum Circuit Inc______ 1 Preferred______________ 10 Otis Elevator____________50 Preferred_____________ 100 Otis Steel.. . . no par Prior preferred_______ 100 Outlet C o ____ ___ .no par Preferred____________100 Owens Bottle___________ 25 Preferred_____________ 100 Pacific Gas & Electric___100 Rights Pacific Oil__________ no par Pacific Teleph & Teleg_.100 Packard___ ______________10 Paige Det Mot Car_.no par Pan-Amer Pet & T r______ 50 Class B stock_________ 50 Pan-Am West P B __ no par Panhan Prod & Ref_.no par Panhandle P & R , p re f.. 100 Park & Tilford______no par Park Utah Cons Mines____1 Pathe Exchange “ 4 ” _______ Patino Mines & Enterp ct_. Peerless M otor__________ 50 Pauick & F ord ._____no par Preferred__________ Penn-Dixie Cement__ i Preferred__________ Penn Coal & Coke__ ,______ Penn-Seab St v t c ___ no par People’s Gas L & Coke. .100 Philadelphia Co (Pitts)__ 50 Philadelphia Co pref_____50 5% preferred__________ 50 Phila & Read C & I ..n o par Certificates________no par Phillips Jones Corp__ no par Philip Morris & C o______ 10 Phillips Petroleum__ no par Phoenix Hosiery__________ 5 Preferred_____________ 100 Pierce-Arrow M ot C ..n o par Preferred_____________ 100 Pierce Petroleum_____no par Pittsburgh Coal (of Pa) Preferred__________ In January. Shares. 15,720 400 3,200 1,10 0 200 3,100 120 142,000 3,800 8,400 130 3,400 10 300 4,900 3,150 13,200 225 900 30,400 300 13,100 625 8,000 1,400 2,700 100 11,0 0 0 175 5,250 8,400 3,900 180 16,500 400 330 53,000 11,700 16,875 164,925 16,300 25,800 900 2,300 14,400 22 ,10 0 4,700 19,000 7,800 100 27,900 3,400 2,200 31,100 3,800 2,000 2,710 30 84,400 2,000 300 31,000 316,500 4,600 260 88,200 23,400 9.900 2,500 34,600 2,200 800 1,1 0 0 Porto Rico Am T ob____ 10( Postum CerealN ew _ _no pai Pressed Steel Car new __10i Preferred____________ 10( Preferred. 7% . Punta Alegre SugarPure Oll.n_________ Preferred Rand Mines. 1,700 7,200 86,600 82,800 2,300 129,500 6,025 700 101,400 1,400 400 5,700 500 12 1 ,1 0 0 16,200 168,800 900 5,800 7,300 700 326,500 4,700 700 3,400 34,100 400 Safety Cable______ Savage Arms Corp. Schulte Retail Stor Preferred_______ Sherwin Williams p re f.. Shubert Theatre_____m . Simms Petroleum________ ll Preferred. Inclair Con Preferred. Preferred________ Sou California Edison. 12,000 8,000 107,400 24,000 1,830 231,300 9,300 115,300 5,600 710 38,800 330 36,600 36 73 \2% 78 2 1 ,1 0 0 1644 90,000 3344 2,400 104 686,800 7,800 151,100 49 44 122,320 29 4,000 100 182,050 12744 4,200 10344 299,200 1144 6,800 33,300 5144 9,400 10044 264,950 63 44 1,400 115 63,948 12944 100 2,262,200 1,800 498 1,410,600 601,900 204,060 3,061,740 439,800 788,910 19,100 89,100 141,100 723,015 58,700 175,200 A sk. 79% Sale 188,900 1,300 37 78 . . Sale 109 Sale Sale Sale Jan. 3. B id . 2144 70 3444 76 105 2844 113 4644 51 9644 Sale 89 Sale Sale 105 444 75 13 3344 10844 13% 89 Sale 5944 2944 3044 103 102 Sale 12744 106 10844 Sale 8 66 52 5544 106 Sale 7844 117 11344 12944 125 101 7544 Sale 41 44 26 7644 7744 46 544 55 2744 Sale Sale Sale Sale Sale Sale Sale Sale 77 Sale 1844 Sale 2,200 100 66,100 40 1% 3644 11 44 61 44 6344 3544 1444 68)4 23 644 41 28 2144 10 1 3844 3,900 9944 37,450 1444 16 11 714,300 2 244 Vs Sale 127,450 119 12744 561.900 6844 Sale 86 13,700 4744 4844 49)4 300 39 980,900 4544 Sale 47 4,900 45 46 4444 59 47 6,600 53 371,400 3844 4,088,700 4644 Sale 62,100 35 3644 3,400 98 9944 2,204,020 3644 Sale 417,600 94 Sale 203,400 144 Sale Sale 24,400 26 453,400 544 Sale 96,800 4044 Sale 26,300 83 84 8,700 9744 Sale 32,100 59 60 63 17,946 53 2,015,400 10644 Sale 47,700 Sale 21,700 91 244,300 1744 Sale 24,400 34 38 12,500 103 44 105 265,200 22,100 115 116 5,500 28,000 9744 9844 7,200 10644 107 1,276,675 16744 Sale 249,800 39 Sale 766,770 3044 Sale 8,740 10644 107 16,510 11 ,400 2,200 488,900 3,600 7,200 289,000 517,700 23,110 134,600 727,200 35,700 255,895 232,700 208,200 365,900 889,290 200 B id . 10 1 129,000 520 740 66,800 61,700 4,800 5,400 57,800 2,630 14,400 16,600 17,500 2,600 35,000 2,500 67,800 16,800 9,300 2,300 81,100 1,400 90 2 1926. Jan. 38,000 28 46 500 107 2,323,900 65 56,100 4946 30,600 95% 3,000 100 8 t Joseph Lead____ Shares. 890,200 53,900 88,700 3,844,100 60,000 3,180 681,900 118,600 500 57,500 3,600 131,400 2,000 100 Preferred. PRICES I N For Year 1926. 2,200 6 ,10 0 71,000 1,086,500 85.350 135,310 22,850 1,581,700 26,240 800 289,600 1,037,000 515,600 3,600 2,662,450 37,800 1,921,100 259,580 3,600 407,209 2,905 173,600 43 44 45 3344 1244 Sale 46 3444 Sale 5544 98 17 78 11644 10844 108 1544 5944 9244 944 94 44 90 5644 45 44 4844 9044 131 113 44 13 44 58 100 Sale 88 Sale Sale Sale Sale Sale Sale Sale Sale 9444 Sale Sale Sale Sale Sale Sale Sale 944 9 44 69 70 4844 4944 2744 Sale 10244 105 5344 2844 54 107 24 92 3244 136 103 10844 106 Sale Sale Sale 110 Sale 94 Sale Sale 105 Sale 11444 Jan 31. A s k . B id . JANUARY. Sale 44 103 Sale Sale 44 17 Sale Sale 75 5644 40 10444 2046 91 44 1644 346 34 71 100 102 100 44 8944 Sale Sale 79 Sale 38 Sale 43 Sale Sale Sale Sale Sale Sale 36 73 46 10 1 38 40 84 A Sale 9/44 Sale 42 Sale 83 Sale 24)4 Sale 44 4544 12546 130 Sale 33 44 Sale Sale 109 11046 10044 9844 9944 Sale 10346 103 46 116 11444 Sale Sale 18746 Sale Sale 43 44 Sale Sale 28)4 Sale 111 113 4744 Sale 4834 Sale 43 )4 43 36 4144 Sale 102 Sale 103 104 Sale 53)4 Sale 53 51 52 5144 Sale 41 Vs 42% 3844 40 Jo)4 1 144 15 Sale Sale 45 Sale 4546 92 99 93)4 99 3844 40 3844 Sale 98 99 44 9944 99 7 46 Sale 944 844 75 70 75 80 117 44 Sale 13444 Sale 106 116 11444 114 112 114 Sale 114 1146 Sale 1144 Sale 57 Sale 6934 Sale Sale 9644 Sale 100 4 V8 5 444 Sale 120 Vs Sale 1 2 2 % Sale Sale 77 80 80 61 46 Sale 52)4 Sale 4144 Sale 4144 Sale 52 44 Sale 5444 55 71 64 72 70 49 Sale 4846 Sale 118 11644 118)6 120 12 34 Sale 1344 Sale 63 46 Sale 5344 Sale 3 lA 2 Vs Sale 344 Sale 58 58'4 Sale 4444 4546 45 44 Sale 29 Sale 30 46 Sale Sale 10744 10844 108 108 Vs 10836 106)4 11 0 Sale 58 58 >4 Sale 2134 Sale 2046 Sale 34 Sale 3546 Sale 107 10744 108 Sale 21 Vs Sale 1944 Sale Sale 96 9844 103 35 % Sale 3544 Sale 129 124 127 12644 108 104 106 107 Sale 16144 Sale 165 Sale 120 1 2 2 H 123 Sale 33 3144 Sale RANGE FOR YEAR L o w e st. H ig h e st. S a le P r i c e s S a le P r ic e s Sale 1944 Sale 17% 75 66 72 68 34 3544 33 46 35 77 72 73% 73 10544 29 2744 Sale 27% 11444 11346 113 >4 11244 Sale 46 G Sale 4bVs 5144 60 44 51 50 Sale 9844 99 96)6 4844 50 47% Sale Sale 4 4 80 50 65 75 15 13 14 13 Sale Sale 32 3146 104 Sale 103 109 Sale 1244 Sale 12)6 90 81 85 44 87 Sale 58% 5844 Sale Sale 3344 Sale 3046 108 106 105 Sale 12844 12946 12646 Sale 109 11144 110 Sale 7 44 8 7% Sale 62 6244 6246 Sale 52 56 52% 104 107 Sale Sale 79 7546 117 11544 Sale 115 12944 128)6 3244 Sale 32)6 Vs Sale 39 Sale 144 144 Sale 129)4 135 138 10844 34 Sale 3446 Sale Sale 10 Vs Sale 10 Sale 6346 Sale 6036 61 Sale 6444 Sale Sale 3644 36‘4 3546 15 Sale 14 Sale 75 7444 Sale 70)6 Sale Sale 21 20 Sale 6 646 Sale Sale Sale 40 3844 2446 Sale Sale Sale 28 26 46 Sale 2144 2144 21 10044 10146 Sale Sale 36 3444 Sale 99 Sale 99 14 14 13 1046 Sale Vs % Sale Sale 12844 130 126 Sale 84 44 88 8546 50 50 5044 51 40 Sale 42)4 Sale 41)6 4644 42 43 46 41)6 Sale 4644 4946 47 Sale Sale 38 3544 56 36 10244 2244 10244 44 15 344 3644 73 40 87 9844 4044 78 1744 3744 124 3244 10944 9944 102)4 11344 18844 46 2744 A sk. [ V o l . 124. Jan. Jan. Jan. Jan. 24 24 14 25 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 31 29 4 11346 14 49% 10 51)6 6 10016 15 49% 31 4% 5 75 19 13 28 34)6 19 108)6 31 14)6 19 89 31 60)6 4 34Vs 20 106)6 4 131 5 111 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5436 Jan. 42 Jan. 103 Jan. 1846 Jan. 85 Jan. Vs Jan. 1546 Jan. 3 Jan. 3346 Jan. 73 Jan. 100 Jan. 40 Jan. 80)4 Jan. 96)4 Jan. 38 Jan. 77 Jan. 1636 Jan. 3646 Jan. 125 Jan. 32 Jan. 10844 Jan. 99 Jan. 102 Jan. 113)6 Jan. 18136 Jan. 41 36 Jan. 27)6 Jan. 111)6 Jan. 46)6 Jan. 41)6 Jan. 101)6 Jan. 4744 Jan. 5044 Jan. 40 Jan. 15 Jan. 39)6 Jan. 91 Jan. 3844 Jan. 99 Jan. 736 Jan. 73)4 Jan. 112)4 Jan. 112 Jan. Ill Jan. 10)4 Jan. 5644 Jan. 96)6 Jan. 4)6 Jan. 119)4 Jan. 74 Jan. 50)4 Jan. 41 Jan. 5236 Jan. 6136 Jan. 47 Jan. 11646 Jan. 12)6 Jan. 51 Jan. 236 Jan. 5636 Jan. 4444 Jan. 2836 Jan. 107)4 Jan. 107)6 Jan. o646 Jan. 19 Jan. 33)4 Jan. 107)6 Jan. 19 Jan. 97 Jan. 34)6 Jan. 12346 Jan. 107 Jan. 154 Jan. 119 Jan. 31)6 Jan. 12 21 Vs 72 35 7446 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 6 8 )6 Jan. 26 66 Jan. 24 57 46 Jan. 27 107 .Tan 18 79 Jan. 12 116 Jan. 10 12946 Jan. 14 14 SI 12 1 46 Jan. 7 25 25 36)6 Jan. 26 11 46 Jan. 6 6546 Jan. 3 66 )6 Jan. 27 3746 Jan. 5 1846 Jan. 15 81 % Jan. Jan. 27 23 3 6 )6 Jan. 3 42% Jan. 31 29 32 Jan. 17 23 Jan. IS 29 39)6 Jan. 4 9946 Jan. 19 14 Jan. 3 46 Jan. 14 129 Jan. 18 88 Jan. 6 51 Jan. .Tan 1 *> 40 28 47 Jan. 26 4346 Jan. 3 50 Jan. 26 4146 Jan. 3 7 5 25 17 5 25 5 58Vs Jan. 45 Jan. 104% Jan. 2246 Jan. 102)6 Jan. % Jan. 17% Jan. 3 46 Jan. 11 3646 Jan. 28 74 46 Jan. 4 101 Jan. 20 43 46 Jan. J8 91 46 Jan. 4 102% Jan. 12 47 Jan. 7 84 Jan. 5 26 46 Jan. 6 47 Jan. 10 126 Jan. 6 35 Jan. 5 11046 Jan. 14 9946 Jan. 4 10346 Jan. 18 11446 Jan. 18 189)6 Jan. 26 4646 Jan. 3 29% Jan. 11 11246 Jan. 20 48% Jan. 3 44 Jan. 8 102% Jan. 24 54)6 Jan. 8 52 Jan. Jan. 5 41 10 15)6 Jan. 25 46)6 Jan. 29 9346 Jan. 24 40)6 Jan. 24 99 Jan. 29 9 Jan. 25 73 46 Jan. 12 136 Jan. 7 116 Jan. 6 116 Jan. 28 1346 Jan. 4 63)6 Jan. 3 100 Jan. 5 4% Jan. 13 124 Jan. 13 83)6 Jan. 25 53)6 Jan. 26 42)6 Jan. 3 5646 Jan. 28 71 Jan. 18 49)6 Jan. 22 118 Jan. 19 13)6 Jan. 17 53)6 Jan. 4 3% Jan. 17 6146 Jan. 4 47 Jan. 3 3046 Jan. 27 108)6 Jan. 11 110 Jan. 12 58% Jan. 3 21 46 Jan. 6 36)6 Jan. 4 10946 Jan. 3 ■22)6 Jan. 6 103)6 Jan. 4 3646 Jan. 20 131 46 Jan. 10 108 Jan. 25 173)6 Jan. 6 122 46 Jan. 3 3446 Jan. H ig h e st. L o w e st. Jan. 3 Jan. 13 Jan. 10 Jan. 10 S a le P r i c e s . S a le P r ic e s 2046 70)6 32 69 Nov. Dec. Oct. M ay 24 31 2 13 84% 85 45 46 77 5 27)6 17 109 19 42 7 49 25 9146 Mar. Jan. Mar. Jan. Mar. 31 20 30 2 31 29)6 111 4f 67 52 46 97 10 10 446 5 72 19 12% 4 30 5 10446 6 12 10 Oct. June Dec. July Apr. Oct. 88 July 47 Jan. 2746 Mar. 101 Jan. 106 May 102% Jan. 8 Oct. 63 Nov. 44 May 18 24 27 18 14 14 3 3 27 31 53% 5 112 5 118 19 19 17 7 nl s si 4 31% 6 9 191 5646 20 5646 24 30 17 446 17 51 3 18)6 11 546 19 3246 27 8 21% 24 1646 1s 13 13 24 3 11 24 10 17 19 24 3 3 4 24 13 3 7 IS 25 5 14 25 22 24 24 3 21 17 5 26 21 3 3 17 18 31 12 14 10 11 7 22 5 8 8 24 10 25 24 24 18 10 13 31 13 14 21 10 5 19 4 3 12 3 3 10 19 10 31 10 15 20 17 10 12 20 31 10 10 21 10 17 13 3646 30% 45 16 20 1546 30 89 20 1746 2 36)6 28 109 16 2246 12 9846 12 63)6 25 33 46 13 105 20 136 13 109)6 18 1446 3 74 19 5546 Jan. 29 Apr. 29 Feb. 5 Dec. 30 Dec. Oct. Jan. Aue. Dec. 29 4 14 31 22 Jan. 14 Oct. Oct. Feb. Feb. Sept. 19 13 23 4 29 Apr. 21 Dec. 13 Aug. 30 Sept. 22 Dec. 31 Mar. 29 90% Dec. 14 Mar. 30 117 June 14 Mar. 31 133 46 Sept. 21 M ay 13 83 44 Feb. 13 Mar. 31 Nov. 19 Mar. 31 Mar. 31 Oct. 13 Jan. 21 Jan. 19 Oct. 23 Sept. 30 Nov. 30 4546 2846 7646 78V, 46 32 99 Vs 2846 844 83 July 7 Jan. 4 Jan. 2 Jan. 4 Jan 2 June 17 June 16 Jan. 4 Feb. 5 Jan. 7 Dec. 29 3146 N ov. Dec. Jan. 28 24 5 1 Dec. N ov. Oct. Jan. Dec. Dec. July 17 29 26 4 Dec. N ov. Aug. 12 Vs Oct. 29 117 Jan. 21 5946 Mar. 27 45 Oct. 21 38 99 7 1926. 8 41 23 10046 6 19 26 246 4 131 2 91 11 5146 8 13 7 Apr. 14 48 Vs Feb 13 June 14 46)6 Jan. 11 Dec. 11 55% Jan. 29 Dec. 6 Apr. 3 41 57 Vs Dec. 13 4646 Nov. 29 Oct. 28 103 43 46 Jan. 9 12746 Aug. 19 146 Jan. 30 2746 Jan. 30 7 4246 Jan. 5 Jan. 5 85 10046 Dec. 29 63 46 Jan. 9 93% Dec. 23 12446 Feb. 3 N ov. 27 44 95% 20% Oct. 29 41% Oct. 29 124% Nov. 17 33 Vs Nov. 29 Nov. 13 110 Oct. 1 101 104 46 Sept. 27 114 Aug. 5 19946 Sept 16 49)6 Dec. 13 Jan 4 31 1123^ 49)6 N ov. 3 Dec. 1 44 Dec. 24 99 Oct. 28 103 32 Mar. 30 61)6 N ov. 19 44)6 Mar. 31 53 46 Dec. 20 32% Apr. 30 41% Oct. 1 1046 Mar. 3 16% N ov. 8 37 46 Nov. 30 5046 Oct. 5 93 46 Dec. 22 100 N ov. 23 39% Dec. 2.8 56 Jan. 4 Jan. 4 9546 Mar . 30 100 746 July 24 18% Feb. 23 74 46 Dec. 29 85 July 28 Feb. 3 83 46 Apr. 20 127 106 Apr. 21 118 Oct. 1 105 Apr. 1 11546 Aug. 27 8 Oct. 27 15% Jan. 4 44 M ay 19 63 Vs Jan. 7 Sept. 15 9146 Mar. 30 99 4 46 Oct. 29 10 )6 Jan. 5 90 Mar. 30 12146 N o v . 19 76)6 Dec. 28 100 Jan. 20 47 Vs Oct. 21 57)6 Jan. 9 36)6 M ay 11 48 46 Feb. 10 42 46 Mar. 31 5546 N ov. 10 6746 N ov. 30 10246 Feb. 10 a4246 Mar. 30 138)6 Jan. 23 Sept. 9 11246 Jan. 6 120 1246 Mar. 3 14% Mar. 12 44 46 Mar. 29 58 Vs Sept. 7 2)6 Dec. 31 1046 Jan. 4 47 Mar. 30 69 Vs Jan. 4 4046 July 26 48 Vs Jan. 4 24 Mar. 3 31 Nov. 23 103 Mar. 3 114 July 2 Apr. 9 10546 Sept. 14 108 52 Mar. 4 70)6 July 28 1546 Aug. 18 28)6 Jan. 2 •28)6 Oct. 15 54 46 Jan. 4 105 46 Nov. 10 10946 July 2 10% Oct. 19 2446 Feb. 23 90 Mar. 30 9946 June 24 26)6 Mar. 30 37 46 June 28 103 Apr. 12 142 46 Aug. 10 June 29 10046 Jan. 18 110 92 Apr. 15 16944 Dec. 14 D °r. 24 110 Oct. 8 12 1 30 Dec. 22 33 July 19 40 Mar. 30 31 Mar. 30 94 Mar. 25 19 M ay 15 7646 Apr. 15 46 Oct. 1 1146 N ov. 15 2)6 Aug. 26 29 June 9 70 June 21 94 Mar. 29 39 Oct. 5 60 Jan. 5 7546 Mar. 30 34 Vs M ay 19 7746 Dec. 30 11 Mar. 29 30)6 M ay 11 115 Mar. 2 31)6 Oct. 29 103 46 Jan. 12 9646 Apr. 7 97 Jan. 22 106 Jan. 18 14546 Mar. 31 33 Apr. 14 2546 Oct. 20 10fi Apr. 14 47 Oct. 29 STOCKS « 7 . STOCK EXCHANGE £9 STOCKS—STOCK EXCHANGE RECORD F eb ., 1927.] SALES. In January. For Year 1926. Price about Jan. 2 1926. PRICES IN JANUARY. RANGE FOR YEAR 1926. Highest. Lowest. Highest. Lowest. Jan. 31. Jan 3. Sale Prices Sale Prices Sale Prices. Ask. Bid. Ask. Sale Prices Shares. Bid. Ask. Bid. Par Shares. Oct. 27 55% July 17 37% Jan. 26 45% Jan. 13 41 297,950 Sale 38% Sale 44 23.100 Southern Dairies cl A .n o par 14 Jan. 26 20 Jan. 7 17% Oct. 20 35 % Mar. 11 14% Sale 879,275 19% Sale 27,800 Class B ____________no par 104 1,800 101 103 106 106 103 Jan. 4 104% Jan. 19 L01 Jan. 13 105% June 11 130 105 ’Spalding 1st pref_______ 100 Dec. 2 17% Feb. 19 13 Jan. 20 13 Jan. 20 10 5,500 15 10% 13 10% 14 200 . ^pear & C o__________ no par Apr. 30 82% Jan. 13 77 Jan. 12 78% Jan. 22 72 8,200 81% 82% 79 77% 79 500 75 Preferred_____________ 100 20% Jan. 27 23% Jan. 19 18% Apr. 19 31% Feb. 5 Sale 458,900 27% Sale 22 22% 21 18.700 -vplcer Mfg C o_______ no par Jan. 12 107 % Dec. 24 2,400 96 108 101 105 106 Jan. 10 106 Jan. 10 [01 104 100 103 Preferred_____________ 100 Mar. 2 69 Feb. 8 54 Jan. 25 55% Jan. 5 51 54% Sale 55% Sale 42.100 55% Sale standard Gas & Elec.no par Mar. 30 57 % Feb. 9 58% Jan. 12 53 % 57% Jan. 3 57% Sale 57% Sale 53% 54% 6,600 Preferred ____________50 70% Jan. 4 71% Jan. 10 67 % Oct. 20 92% Feb. 4 Sale 71 70% 71 2,900 85 Sale Standard Milling_______ 100 M ar. 2 90 Feb. 5 84 Jan. 5 87% Jan. 21 80 Sale 87 85% 86 740 85 87 Preferred_____________ 100 58 Jan. 3 60% Jan. 19 52 Vs M ay 14 63% Sept. 8 58% Sale 59% Sale 70,600 Stand’d Ollof Calif newno par 37% Jan. 10 39% Jan. 14 37 % Dec. 10 46% Jan. 2 38% Sale 38^12 Sal© 46% Sale 605.800 Standard Oil of N J...........25 Nov. 29 119% M ay 18 Sale 115% Jan. 3 116 Jan. 21 116% Sale 115% Sale 116 30,277 Preferred_____________ 100 Jan. 18 38% Jan. 17 39 1,200 First preferred________ 2 % Nov 17 2 Jan. 8 2% Jan. 14 N ov. 2% 863,967 4,137,072 B ights............................ 33% Dec. 10 32% Jan. 10 34% Jan. 18 s W Dec. 32% Sale 32% Sale 160,900 Standard Oil o f N Y _____ 25 Nov. 3 Jan. 11 4% Jan. 3 1 0 % Feb. 10 4% Sale 3% Sale 6,700 7 Sale Hand Plate Glass ctfs.no par 96% Nov. 29 91% 95% 96% 90% Jan. 4 96% Jan. 12 7*5* Mar. 10.400 8 Sale 91 Sterling Products___ no par Sale Nov, Sale 63% Jan. 31 67% Jan. 5 61 92% Jan. 2 64 9 1% Sale 65 26.300 Stewart Warn Corp_.no par Jan. 7 47% Dec. Sale 77% Jan. 4 50% 47% Jan. 3 51 50 5,000 74% 78% 48 Stromberg Carburet..no par 122% June 23 119% Jan. 28 120 Jan. 4 A4% Feb. 122 119 119% 120 200 120 124 Studebaker Corp, pref__ 100 62 May 53% Jan. 28 56% Jan. 7 47 Sept. 15 54% Sale 55% Sale 217.200 57% Sale N e w ______ _____ ..n o par Sale 2% Jan. 4 3% Jan. 8 3% Feb. 1 Sale 3 3% Sale 3 79.300 1 % July Submar Boat Corp__ no par 31% Jan. 10 34% Jan. 17 30% Mar. 41% Jan. 4 34 8,30’ 40% 41 31% 32% 33 Sun Oil______________no par 5% Dec. 11 4% Jan. 3 5% Jan. 21 1 July 87.500 3% Sale 4% Sale 4% Sale Superior Oil_________ no par Sale 19% Jan. 25 25% Jan. 21 19% Apr. 34% Sept. 7 Sale 24 21 4.500 24 28 Superior Steel--------------------11% Jan. 27 12 Jan. 19 17% Sept. 13 8 % Apr. 13 12 11 400 13 14% 12 Sweets Co of America new 50 5% Jan. 29 6 Jan. 14 5% 14% Jan. 4 4 Nov. 6 5% 6 2.100 13% Sale Symington temp ctfs.no par 2 0 % Feb. 4 13% 14 12% 12% 12% Jan. 14 13% Jan. 14 10% Oct. 1,600 20% Sale Class A ____________no par 12% 11% Jan. 10 13% Jan. 22 11 Apr. 12 14% Jan. 19 13% 14 12% Sale 3.100 Telautogr Corp ctfs..n o par Sale 10% Jan. 4 13% Jan. 13 10% Dec. 16 Feb, 5 11 73.700 14% Sale 11% Sale Term Cop & Cnem__ no par Mar, 58 Jan. 17 48 58 Aug. 31 64% Sale 18.300 Texas Company (The)__ 25 __________ 57% Sale 58 56 ” Jan. 26 58 Jan. 17 53% Nov. Dec. 15 56% Sale 128,700 New..... ............ 25 Sale 49 Jan. 3 53% Jan. 21 39 Oct. 49% Sale 52% Nov. 29 53 316,000 Texas Gu Sulph new ..n o par Oct. 14% Jan. 27 16% Jan. 12 12 19% Jan. 7 15% Sale 112.800 15% Sale 17% Sale Tex Pacific Coal & Oil___ 10 Mar. 2040 Dec. 23 504 600 650 1750 1950 1700 1800 1500 Jan. 25,2090 Jan. 7 Texas Pacific Land Tr__100 17% Jan. 21 20% Jan. 13 17% Sale New_________________ 20,800 Jan. 26 48% Jan. 15 42% May .................... 47% 47% 48% 48% 47 2,400 50% Sept. 16 Thompson (J R l _________ 25 27% Jan. 3 29% Jan. 13 27 Nov. 28% Sale 27% Sale 15.300 39% Jan. 25 Tidewater Oil New__ no par 35% Sale Sale 88% Jan. 7 89% Jan. 19 87% Nov. 89 103 Jan. 25 90 2,200 99% Sale 89 Preferred_____________ 100 Jan. 27 44% Mar. 78 Jan. 3 93 440,100 54% Sale 79% Sale 90% Sale 85 % Nov. 16 Timken Roller Bear_.no par Sale 109% Sale 107 Jan. 26 110% Jan. 5 95% Apr. 116% Sept. 22 113.400 96% Sale 109 Tobacco Prod Corp_____100 Sale 113% Jan. 4 116% Jan. 18 .03 Mar. 5.500 118'% Sept. 21 107 108% 114% Sale 115 Temp ctfs Class A___ 100 4% Jan. 13 4% Jan. 21 3 Mar. 4% Sale 4% Sale 94.400 5% July 9 4% Sale Transcon Oti ctfs_____no par 15% 15 Jan. 18 15% Jan. 6 15 Aug. 400 Jan. 28 15% 15 25% 27 15 27 Tran & Williams Steel .no par Sale Sale 45 Jan. 29 47% Jan. 19 43 % Nov. 63% Jan. 7 56% Sale 45 8,425 46 (Jnderwood Typewriter__ 25 121 123 123 Jan. 29 126 121% 122 120 Jan. 5 123 Jan. 28 .15% Sept. 195 120 Preferred_____________ 100 9.500 66 Sale 41 42% 38% Jan. 25 43% Jan. 3 35 M ay 71% Jan. 5 43% Sale Onion Bag & Paper____ 100 Sale 100% Dec. 31 99% Jan. 26 105% Jan. 7 77% Mar. 124.200 Onion Carbide & Car.no par 100% Sale 102 53 Jan. 25 56% Jan. 6 37% Jan. 71,000 58% Sept. 23 Onion Oil, California_____25 41% Sale 55% Sale 53% Sale _____ ___ Sale 93 Dec. 95 % Dec. 28 Onion Tank Car N ew __ 100 94 3,300 93% Jan. 25 100 ‘ Jan. 6 83% Feb. 51.500 109% Aug. 17 93% Sale 96% Sale United Cigar Stores______ 25 96% Sale .14% Mar. 115 ____ 125 140 June 30 Preferred_____________100 126% 132 125 Dec. 24 174 18.500 157% Sale 168% Sale 166 Sale 159 Jan. 25 171% Jan. 10 34 Mar. United Drug____________100 58% 58% 59% Sale 58% Jan. 6 60 Jan. 12 55% Mar. 3.100 59 July 8 1st preferred__________ 50 55% 56 6 Sept. 110 12 13 10 6 Jan. 17 6 Jan. 17 12 Jan. 11 6 9% United Dyewood_______ 100 6 40% Dec. 10 58 Jan. 29 . . . . 59% 49 25 49 Preferred_____________ 100 Apr. ___________ 119% Sale 114% Sale 113% Jan. 26 119% Jan. 5 98 13,800 United Fruit, n ew __ no par 126 Nov. 26 17 Dec. 18 38% Mar. 2 31% 32% 17 17 18% United Paperboard C o . .100 98 Jan. 14 99% Jan. 14 90 Mar. 200 93 95 98% 100 98 % Dec. 17 100 101 Universal Pic, 1st ret__ 100 Sale 27% Jan. 25 33 Jan. 3 13% Mar. 34% Dec. 30 28 Sale 32 29% Sale 143,100 Universal Pipe_______ no par 81% Jan. 27 90 Jan. 11 52 Mar. 77 Sale 88% Sale 87% Sale 4,700 90 % Dec. 30 Preferred_____________100 207% Sale 228% Sale 210% Sale 202 Jan. 25 228% Jan. 3 L50 May 95,800 U S Cast Iron Pipe & F_ 100 248% Aug. 3 114 Dec. 22 109 114 113% Jan. 28 115 Jan. 5 100% Mar. 800 118 100% 101 106 Preferred_____________100 Sale 54 53 Jan. 25 60% Jan. 12 39 Mar. 56% Sale 92,200 U 8 Distrib Corp____ no par 56% Sale 61% Feb. 13 Sale 52% Jan. 28 56% Jan. 19 45% Jan. 7,800 46% Sale 53% Sale 56 U S Hoffman Mach__ no par 59% Feb. 4 Sale 108,000 84% Dec. 8 74 Sale 78 77% Jan. 3 82% Jan. 18 45% Mar. U S Indus Alcohol______ 100 79% Sale 600 108% Jan. 27 109% Jan. 17 99% Apr. Preferred_____________ 100 101% 105 108% 109% 109 110 114% Nov. 8 Sale 61% Jan. 27 65% Jan. 10 48% Mar. 36,000 68% Sale 62% Sale U S Realty & Improvt new 64 71% Jan. 4 56% Jan. 25 62% Jan. 10 50 % M ay 132,300 U S Rubber_____________100 80% Sale 59 % Sale 58% Sale 88% Jan. 23 7,633 1st preferred_________ 100 107 108 107% Sale 107% Sale 107% Jan. 27 110 Jan. 11 101% Mar. 109 Jan. 19 Sale | 49% Sale 33% Jan. 13 36% Jan. 4 30 12,100 U S Smelt Refg & M g___ 50 35% Sale Oct. 36 49% Jan. 2 i 49% Sale Oct. 2,200 Jan. 4 Preferred______________ 50 46% 41% 46 50 46% 45% Jan. 18 47% Jan. 4 42 Sale 153% Jan. 28 159% Jan. 10 117 Apr. 136% Sale 160% Doc. 17 United States Steel_____100 1,054,900 156% Sale 157 New w i_____________ i ___________ 114% Sale 113% Sale 111% Jan. 28 116 Jan. 10 677,600 Dec. 27 117 126% Sale 130% Sale 130 Sale 129 Jan. 28 130% Jan. 5 12,700 Preferred_____________ 100 130% Dec. 29 Sale 600 68 67 Jan. 4 70 Jan. 11 56% Jan. 67 Dec. 30 i 56% 58 65% 67 U S Tobacco____________ nopar . . 114 400 Dec. 2 121 123% 125 112 Mar. 123 Preferred_____________ 100 Utah Copper_____________10 113% 114 113% Jan. 4 113% Jan. 4 93 Apr. 400 ) 98 110 113% 115 116 N ov. 13 5,100 Utilities P & L A ___ no par 34% Sale 27 Jan. 8 29% Jan. 20 27% Dec. 27% Sale 27% 28 37 Feb. 15 Vanadium Corp______no par ) 31% Sale 39% Sale 37 Jan. 20 39% Jan. 31 29 Mar. 6,300 Aug. 16 43 39% 40 14% 13 Van Raalte______________ nopar 13 12% Apr. ) 18% 20 13% Feb. 8 22 74,700 'Gck Chemical ctfs___no par 1 ___________ 48% Sale 48 Jan. 3 57% Jan. 19 43% July 55% Sale Aug. 6 52 38 Victor Talking Mach_no par 38% Jan. 21 76,400 Prior preferred_______ 100 98 12,800 90% Sale Conv preferred_______ 100 10,900 9% Jan. 24 10% Jan. 17! 8,700 Va-Caro Chem new w i no par ) 19% Sale 10% 9 Oct. 20 25% Feb. 3 10 9% Sale 84% 85 % 84% Jan. 22 87% Jan. 31 83 95% Sale 87% Sale 2,200 7% preferred new w i .100 Oct. 15 98% Jan. 6 Sale ) 63% Sale 33% 33 % 32% Jan. 6 35% Jan. 12 31 % Oct. 14 69 4,900 6% preferred w i ______100 Jan. 4 35 Va Iron Coal & Coke___ 100 54 43 900 ) 42 45 47 50 45 Jan. 25 51 Jan. 4 40 M ay 15 60% N ov. 11 107% 76 Dec. 13 Preferred_____________ 100 )| 73 79% 107 79 70 July 19 85 32% Jan. 24 35% Jan. 31 26 Mar. 30 36% Dec. 22 38.600 Vivaudou (V) Inc new no par 35% Sale 34% Sale Preferred_____________ 100 107% 107% Sale 104% Jan. 27 107% Jan. 4 94% Jan. 29 110% Dec. 8 1,600 107 Rights___________________ ) _______ ._ V*. Sale % Dec. 17 50,022 7-16 Jan. 12 % Dec. 22 Vulcan Detinning_______ 100 16% Jan. 5 24' " Jan. 11 10 22% Sale Sept. 15 15 2,180 Dec. 3 ) 11% 15 16% 18 102% 90 Jan. 4 106% Jan. 7 88 Apr. 16 105 Vulcan Detinning, pref*_ 100 3 96 104 92 95 200 Dec. 31 Class A _________________ 16% 20 310 ) 17% 17% 22% Sale 23% Sale 22% Jan. 6 24 Jan. 28 17 Jan. 12 23 11.600 Dec. 28 Waldorf System_____ no par Walworth Co____________ nopar 8,800 3 21% 23 18% 19% 19% Sale 18 Jan. 14 20% Jan. 20 12 % June 2 23% Jan. 27 Ward Baking Class A .n o par 3 195 Sale 107 110 120 115 99 June 30 195 Jan. 2 Sale Class B _______________ nopar 34.700 3 84% Sale 32% Sale 29 Jan. 25 33% Jan. 5 2 1 % Oct. 20 85% Feb. 1 30 Sale Preferred- __________ 100 3 108% 110% 91% 92 3.300 93 91% Jan. 7 93 Jan. 21 8 8 % Oct. 7 110 % Jan. 15 Sale Warner Bros Pic A _______ 10 3 18 Sale 42 42% Sale 247,000 37% Jan. 26 45% Jan. 6 12 June 11 69% Sept. 14 Warren Bros_____________ nopar 2.300 3 46% 48 65% 67% 68% Sale 65 Jan. 14 69 Jan. 31 43% Apr. 15 69 Dec. 20 ) _ ___ Washburn Crosby p re f.-100 110 20 107% 109 107% Jan. 4 1073^ Jan. 4 107% Dec. 30 110 M ay 7 Weber&Heiibron’r ,newnopar 2,800 3 80% Sale 55% 56% 57% Sale 56% Jan. 5 58 " Jan. 10 53 Apr. 20 85 % Jan. 13 West Penn El Co A ctfs no par 1,990 3 __________ 97% Jan. 4 102 Jan. 20 8 8 % Jan. 6 98% Oct. 28 96% 97% 101% Sale 3 ___________ 102% 107 2,390 Preferred certificates. .100 107% Sale 102 Jan. 4 107% Jan. 31 95% M ay 17 102% Dec. 14 West Penn Pow pref___ 100 Sale 111 640 3 107 112 103% 103% 112 Jan. 15 114 Jan. 13 108 M ar. 25 115 Sept. 21 3 _. 102% 103% 102% 102% 100% Jan. 20 103 Jan. 6 95 M ar. 5 103 800 6% preferred__________100 Dec. 28 Western Union Teleg___ lOO 5.500 2 135% Sale 146% Sale 149 144% Jan. 8 150% Jan. 27 134% Mar. 30 157% Sept. 8 151 Sale 135 Sale 133% Jan. 4 139 Jan. 3 105% Mar. 31 146 22.700 Westinghouse Air Brake. .50 3 123% Sale 139 Dec. 18 33,100 Westinghouse El & M fg ..50 3 74% Sale 68% Sale 68% Sale 67% Jan. 4 70% Jan. 10 65 M ay 19 79% Feb. 10 1st preferred___________50 400 3 80 84 80% 83 80% 82% 82% Jan. 25 83 Jan. 13 78% Oct. 25 87% Feb. 5 Westing’se Elec Instr.no par 6,800 3 17% Sale 17% Sale 15 Jan. 8 17% Jan. 29 13% M ay 10 19% July 28 15% Sale Sale Class A ------------------------nopar 4,400 3 28 Sale 33 30% Jan. 6 34% Jan. 28 27% Jan. 4 32% Oct. 7 White Eagle Oil & R ..n o par 3 28% Sale 26% Sale 25% Jan. 3 27 Jan. 12 25% Apr. 20 29% Feb. 10 9,800 25% Sale White M otor_____________50 Sale 3 83 Sale 55% Sale 53% Jan. 25 57% Jan. 5 51% Apr. 15 90 49,800 57 Feb. 13 White Rk M Spr. ctfs.no par 3 35% 36% 25% 26 27% Sale 7.900 26 Jan. 26 28% Jan. 11 22 Oct. 20 38% Feb. 7 Sale White Sew Mach, pf_.no par Sale 48 10,600 ) ___________ 56 47% Jan. 21 59 Jan. 17 46% Oct. 19 64% Oct. 1 Wickwire-Spen Stl C tf no par 3 2% Sale % Jan. 26 25.600 % Jan. 3 % Sale % Sale % Dec. 9 3% Jan. 3 Willys-Overland__________ 5 22% Sale May 17 34 Jan. 6 3 31% Sale 298,200 21% Sale 19% Jan. 24 23% Jan. 10 18 New preferred________ 100 92% Sale 3 94% Sale 89 90 91 Jan. 8 95 Jan. 11 88% Oct. 25 99 3.200 Feb. 4 Wilson & Co new____ no par 12% Sale 12% Sale 11% Jan. 17 14% Jan. 6 28,550 3 __________ 6 M ay 20 14% Dec. 13 A new_________________nopar 31.600 Sale 3 ___________ 28% Sale 27 26% Jan. 26 31% Jan. 6 14 M ay 21 30% Dec. 13 Preferred new________ 100 78% Sale 17,200 3 ___________ 76% Sale 76% Jan. 3 81% Jan. 6 42 M ay 19 81% D«o. 13 Woolworth (F W )_______ 25 102,300 3 214% Sale 182% Sale 181% Sale 175% Jan. 12 184% Jan. 21 135% M ay 19 222 Jan. 6 New w i _________________ 3 ----------------- 122% Sale 120% Sale 117% Jan. 11 123% Jan. 21 120 % Dec. 29 128 56.900 Dec. 20 Worthington P & M ___ 100 3 44 Sale 22% Sale 21 8.500 21 % 20% Jan. 27 24 Jan. 7 19 Nov. 22 44% Jan. 4 Preferred A ___________100 47% Sale Sale 1.900 3 77 78 47 46 Jan. 22 48% Jan. 7 44 Nov. 26 80 Feb. 6 Preferred B ___________100 3 60% Sale 40% Jan. IS 42% Jan. 10 37% Nov. 23 65 700 40% 44 39 41 Feb. 24 Sale Wright Aeronautic__ no par 3 27% Sale 33 Sale 32 30% Jan. 27 35% Jan. 6 24% Mar. 30 39% July 16 23.900 Wrigley (Wm Jr)____no par 3 54% 55% 51% Sale 50% Jan. 4 52% Jan. 21 47 2.200 51 % 52 Apr. 3 59% Feb. 18 Yale & Towne____________25 61% 65 3,000 70% Sale 72% Sale 70% Jan. 8 72% Jan. 31 60% Mar. 4 72% Aug. 26 Yellow Truck & Coach__ 10 3 30% Sale 418,400 29% Sale 27 % Sale 25 Jan. 11 29% Jan. 5 20 M ay 24 39% Sept. 8 Sale Preferred_____________ 100 6.500 93% Sale 99 95 95% 94 Jan. 6 99 Jan. 3 91% Apr. 3 107% Sept. 2 Youngstown Sheet & T u b e .. Sale 86% Sale 88 85% Jan. 29 1 90 Jan. 13 69 16,300 M ay 14 95% Aug. 9 86% Sale ' "ii-dividend. a This price Is after distribution of dividends in shares of United Cigar Stores at the rate of 38.85 shares for 100 shares of Unltatf Retail Stores a Kx-300% in stock G eneral Q uotations 30 OF BONDS AND STOCKS 1. In the following thirty-four pages of tables quotations are given for all the more Important securities listed on any Stock Exchange In tn» ^Tilted States; also for leading unlisted and Inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing dag of the month preceding the date of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices and interest,” we have adopted the same method and no longer employ a designating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter is prefixed the price, he must pay accrued interest in addition to the price. This, however, does not apply to Income bonds or bonds In default. In which case* *he price includes the interest, should there be any. 3. The letter “f " prefixed to bond prices denotes that the quotation is a flat price— that is, that the accrued interest forms part of the price. anO Iherefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds and bonds In lefault, the price is always “ flat,” and no designating mark is employed to indicate the fact. 4. Quotations for guaranteed stocks are “ and dividend” ; that is, the accrued dividend must be paid In addition to the price. Stock prices marked thus (d) are per share. All others are per cent except bank stock prices, which are quoted per share unless otherwise stated. 6. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but In ,(] cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.: " M ” for mortgage, “ g” for gold, “ gu" for guaranteed, “ end” for endorsed “ cons” for con olidated, “ conv\ for convertible, “ s f" for sinking fund, “ 1 g” for land grant, “ op ” for optional. 7. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. NOTICE.— All bon d prices are “ and Interest” except where marked “ f ” and Income and d efau lted bonds. Bonds. Bid. Ask | Bonds Bonds RAILROAD BONDS I “.ends of companies consol'd are] tften under the consolidated name.] Adirondack— See Dei & Hudson j 90 &kron & Barb Belt g.4s 1942. J&D| Ak Cant & Youngst 6s 1930--J&J; I0o% 99 Gen & ref 6s 1945 ser A ._A & 0, 96% Gen & ref 5 %s 1945 ser B A&O Ala Gt South 1st 5s Dec '2 7 ..J&J 10U 96 Gen M 5s Dec 1 1927 £.-.J & D 103% 1st cons g 5s 1943 ser A ----J&D Belt Rv of Ohatt 5s 1945..-J&J 100 Ala Midland— See Atl Coast Line Alabama N Orl T & P June— “ A" deb 5s g '40 red TO.M&N If 96 ” B” deb g 5s '40 red TO.M&N / 93 “ C " deb g 5s Nov 1 1940-A&O 88 A lab am a T e n n essee & N o r t h e r n - 6 Basis. / This price includes half interest, it Last sale. I In London, n Nominal, Bid. ! Ask Caro Clinehf & Ohio (Concl.)— ' Equip 5s 1927-1937 s-a..A & O 5 4.85 4.85 Eq 5s 1927-1933 s-a___ J&D 6 96 Eq tr 6s 1927-’35 (yrly). J&J15 6 6 10 Carthage & Adiron— See N Y C 92% Catawissa cons g 4s 1948___ A& o 83% Cent Ark & East— See St L S W 87% Cent Branch Ry— See M o Pac Central of Georgia— 104% 103 1st M g 5s Nov 1 1945____F&A 104 Cons gold 5s 1945_____ M&N 79% 99 10-yr 6% sec gold bds 1929 J&D 102 % 104% Ref & gen 5%s 1959 ser B.A&O 97% Ref & gen 5s i 959 Ser C A&O 101 97% 97% E q tr 4 %s 1927-1940 P (yr) M&S 64.90% E qtr4 % s 1927-1940 Q.yr)M&N 64.90% 97% Eq tr 5s 1927-38 (year).-J& D 64.90% 90 89 Chat Div gold 4s 1951___ J&D 98 Macon & Nor g 5s 1946____J&J 100 Mid Ga & Atl 1st 5s 1947. .J J 102 101 % Mobile Div g 5s 1946_____J&J Oconee Div 1st g 5s 1945.-J&D 101 Cent RR & Bkg 5s 1937.-M&N 1U0 Chattahoochee & G 5s '3 0 ..J&J 90i Chat R & South g 5s 1947.-J&J Ocean S S 1st 5s 1 9 43.___ J&J Cent of N E— See N Y N H & H Central of New Jersey— Gen M (now 1st) g 5s '8 7 .-J&J 113% Eq tr 6 s Jan 15 '27-'35--J&J15l6 6 u5 Eq tr 4% s 1927-1941 (y n .F & A 6 4.70 Amer Dock & Impt 5s 1921— 105% 85 Ext at 6 % to 1936______J&J 93 Leh & W-B Coal con f 4s’30J&D 95% Con g 4s 1935_________ J&D 90 N Y & L Br gen 4s 1941.-M&S General gold 5s 1941__ M&S Central Ohio— See Balt & Ohio Central Pacific— See So Pacific Central Vermont Ry— 97% R ef M 5s 1930 guar_____ M&S D.lo Eq tr 5s Apr 26 1932 s a.-A & O Charles & Sav— See Ati Coast L Chari & W Car 1st 5s 1946...A&O Aug Term 1st gu g 6 s '47. _A&O Chateaugay Ry— See Del & H Chattahoochee & Gulf— See Cent Of U a j Chat Rome & Sou— See Cent of G a tty i 86 i Chattanooga Sta 4s 1957 gu__J&J 102 & Ohio— __ Chesapeake 1U3% 1st cons g 5s 1939_______ M&N __ General 4% s gold 1992___M&S 97 ; 99% Conv g 4% s 1930 op 1915 F&A 100% Gen fund & Impt 5s 1929-.J&J 4 7n Eq tr 4 %s 1927 (sa )_____M&N 4.30 Eq tr 5s '27-'38 (yr)___ M&S16 5% - Eq tr 5% s '27-'37 (yrly)_.J&D 5 05 Eq tr 6 s 1927-35 (yrly)..J&J15 __ Eq 5 10 6 %s 1927-’35 (ann)_.J&D 101 ______ Craig Valley 1st 5s g 1940.J&J M% Potts Creek 4s 1946__ __ J&J 4.90% 87 i 4.95% R & A Div 1st con g 4s '89- J&J H5%! 2d con g 4s 1989........... J&J Warm Sp Val 1st 5s g '41.M&S 100 ! 83%; Coal Riv R y 1st 4S gu '45. J&D Elevator Co g 4s gu 1938.A&0 80 Big Sandy R y 1st g 4s '44. J&D 91% 70 92 Greenb Ry 1st g gu 4s '40 M&B 99 Kanawha Br & Ter 5« '48-A&0 8» Raleigh & S W 1st 4s '3 6 .-J&J 102 92 West Poc Corp 1st 4 %s '45 F&A 103% Chesapeake & Ohio Northern— 100 1st M 5s 1945 guar_____A&O 96% 50 5% Chesterfield & Lane 1st 5s '55F&A 4.60% Chic & Alton 1st 3% s 1950..J&J 7 63 __ Certificates of deposit . 4 _____|J 62% RR refunding g 3s 1949--A&OJ 72% — Certificates o f deposit— Stpd as to Apr 1926 int____ IS 71% Equip trust 6 s Jan 15 ’27-'35 76% (yearly) _____________J&J15 6 5.45 96% Chicago Burlington & Quincy— I 94 Gen M 4s 1958_________ M&S 100 102 1st & ref g 5s 1971 ser A._F&A| It 6% Eq tr 6 s Jan 15 '27-'35 --J&J15 6 5.05 89% 37 Illinois Div 3% s' 49 op '29 J&J 94% 103% 4s July 1 1 9 4 9 .-......... ..J & J 99% Nebraska Ext 4s 1927____M&N 5% Chic & East 111 (new co)— 82% Gen M 5s M ay 1951____ M&N 106% Chicago & Eastern Illinois— 106 1st consol 6 s gold 1934____A&O 96% Chic & I C R y— 1st 5s 1936 J&J 100 99% Chic Grt West— 1st 4s 1959.M&S 70% Chic & I C R y— See Chic & E 111. 97% Chicago Indiana & Southern Ry 115% 93% Con mtge g 4s 1956 guar.. J&J 93% Ind 111 & la 1 st g 4s 1950.-J&J 118% 98% Chicago Indianap & Louisville— 113% Ref. M g 6s 1947 series A ..J& J 93% Ref M g 5s 1947 series B__J&J 103% 90% Ref M g 4s 1947 series O ..J& J 1st & gen 58 1966_______M&N 100 % 84% 1st & gen 6 s M ay '66 ser B.J&J 1 0 6 % Equip tr 6s '27-'35 (yr)..J&J15 6 5.30 96% 86% Indianap & Lou 1st 4s '56. J&J 4.50% Monon Coal gu 5s '36 opt. J&D 4.65% 50 4.70% Oh I & St L Sh L— See CCC&StL Chicago Lake Shore & Eastern— 1st M 4 % 8 1969 opt 1919 J&D 97% lo i” Chic Memp & Gulf 5s 1940.-J&J 96 79 99 X c 0 Prior lien 6s 1948 ----------- J&J Gen Income 6s Oct 1948----------Alabama & Vicksburg Ry— 1st M g 5s 1974 series A.-M & N Albany & Susq— See Del & Hud Allegheny Valley— See Penn RR Alleg & West— See Buff R & P Allentown Term 4s 1919 Ext at 6% to 1929-- - --J& J Alton Bridge— See St C M & St L Ann Arbor 1st g 4s 19 55-----Q -J 8% notes Mar 15 1930--M&S15 Eq tr 6s 1927-35 (s-a) J&J 15 Ark & Mem Ry Brge & Term— 1st M 5s 1964-----------------M&S Aroostook Nor— See Ban & Aroos Aroostook Valley— See Can Pac Asheville & Spartanburg— S U & Col 1st M g gu 4s 1955 --J& J Atch & East’n Br— 4s 1928--J&J Atchison Topeka & Santa F e Gen mtge gold 4s 1995----A&O Adjustment 4s July 1 '9 5 --N ov Stamped--------------------- M&W Conv g 4sof '09due '55opt J&D Conv g 4s of 1905 due '55-J&D Conv g 4s of 1960-----.J& D Trans S L 1st g 4s 19 58---J&J Cal-Ariz 1 st & rf 4 % s ' 62 op M& S Series B --------------E Okla Div 1st g 4s 2 8 --M&S Hutch & So 1st g 5s 1928.-J&J Rocky M t Div 4s 1965— J&J S»n Fran & San Joaquin Val— 1st g 5s Oct 1 1940------ A&O Santa Fe Prescott & Phoenix 1st g 5s 1942--------- '.------ M&S Athens Terminal Ry— 1st g 5s 1937-------J&J Atlanta Birm & Atlantic— Income 5s Nov 1 1930 ctf dep Atl & Birm 1st g 5s 1934.-J&J Certificates of deposit--------Atlanta & Chari A L— See Sou R y Atl Knox & Cin— See Lou & Nash Atl Knox & Nor— See Lou & Nash Atlanta & St Andrews Bay— 1st 6s, 1 9 3 8 — - - - - - - - A&O, Atlantic & Dan— See South RR I Atlantic City— See Reading Co Atlantic Coast Line Co of Conn— ! Certs Indebt 5s irredeem-J&D / Atlantic Coast Line RR— i 1st cons 4s July 1 1952-M&S Col tr g 4s Oct 1 '5 2 op .M & N Conv deb 4s ’39 op 16-M&N Gen unif ser A 4 % s 64 J&D 7 % notes M ay lo 30 M&N 15 Eq 6% s Feb '36 (jjD -F & A Eq6s July 15.’27-’35-J&J 15 Ala Mid— 1st gu g 5s 28M&N Atlantic Coast Line of 8 C— Gen 1st g 4s July '48—J&J N E of S C 6s 1933—-J&J Brun & West 1st 4s ’38--J&J Char & Sav gen 7s 1936-J&J Fla So 1st g gu 4 s '4 5 -—J&J Nor & Car 5s 1939— —A&O Rich & Peters 4%s 40-A&O 8av Fla&W 1st g 6s '3 4 .A&O 1st M g 5s 1934------- A&O Wllm & Newb 4s '9 7 .-F&A Wil & Wei gen g 5s '35—J&J Gen mtge g 4s 1935— J&J Atlantic & Yadkin— See South Ry Aug Term— See Chari & W Car Austin & Northw’n— See So Pac Balt Ches & Atlan— See Pa RR Balt & Cumb Val RR 6s '29—J&J Ex 1st M 6s July 1931------J&J Balt & Harrisb— See West M d Baltimore & Ohio— 1st M 4s g July 1 1948— A&O 1st M 5s July 1 1948------- A&O Conv 4% s 1933 red 1923-M&S Ref & gen 5s 1995 series A . J&D R of & gen 6s 1995 series O . J&D Ref & gen 5s 2000 ser D.-M & S 10-yr 6s July 1929—— — —J&J Eq tr 4% s 1927-40 (yr)..M & N Eq tr 5s 1927-37 (yr)----- F&A Eq tr 5s 1927-38 (yr) F&A Eq tr 6s ,27-’35 (y r)_..J& J 15 Pittsb Lake Erie & W Va— ' Refund gold 4s 1 9 4 1 . -M&N 8 W Div 1st 5s 1950------- J&J Central Ohio— 0 Reorg 1st con g 4% s 30.M&S Baltimore & Ohio (Concluded)— Morgantown & Kingwood 94 1st mtge 5s 1935______ J&.l! Ohio Riv RR— 1st g 5s '36.J&D; 102 Gen gold 5s 1937______ A&O' 102% Staten Isl Ry 4% s 1943.-J&D 82% 101% Toledo & Cin Div 4s 1959--J&J 83 101 W Va & Pitts 1st 4s g '90-A&O; 86% 97% 101 1st M 5s g Jan 1 1943___ J&J. 101 Cons refund g 4s 1951___ J&J 79 103% Medford Ext 5s 1937___ M&N 97 — Piscat Div g 5s Jan 1943--A&O 95% St Johns Riv Ext gu 5s '39. F&A 95 % Van Bur Ext 5s g Jan '43-A & 0 9 >% 100 Washburn Ext 1st 5s '39-.F & A 95% 96 Aroostook Nor 5s g 1947.-A&O 88 93 Nor Maine Seaport 5s '35-A & 0 n 96 Battle Creek & Stur— See Micb C; 89 ______ Bedford Belt— See Chic M & St P 30 Beech Creek— See N Y C & HudRi 102% 103% Bellingham Bay & British Col— | 1st g 5s Dec 1 1932______ J&D 94 Belt RR & Stk Yds (Ind'p'lis)— 1 1st ref gold 4s 1939________M&N1 86 Belt Ry of Chatt— See Ala Gr Soj ______ Belvidere Del— See Pennsylvania. 101 Bennington & Rutl’d— See Rutl’d; 80% Big Sandy Ry— See Ches & Ohioj 79% 100% 101 Birm Term 1st g 4s 1957 gu-M&S 86 5 30 5 .10% Bolivia Ry 1st 5s 1927-__ _J&J| — Boonville St Louis & Southern— 1st M 5s 1951____________ F&A| 80 100% Boston & Albany 5s Oct '63-.J&J! 104% 5s June 1942_____________J&D^ 102% 5s July 1 1938....................J & J 101% 4 %s July 1937___________ J&J 97% 98” ' C.M &N 95% 99” '| 4s May 1 1933 gu N Y 4s M ay 1 1934 gu N Y C.M&N 95 C.M&N 94% 94 j 4s M ay 1 1935 gu N Y 93% 91 3% sJan 11951__________ J&J 82 Ref 3% s 1952 gu N Y C - . A&O 81% 97 %! 90% 88% Boston & Lowell 4 %s F eb'33-J&J, 92 | 88% *8% 88% Boston & Maine (new)— 87% 87 5s Sept 1941 — .....................— ! 96% 9(1% 92% 4s-5s April 1947_______________ i 94 i 98% 4 %s-5s April 1944_____________ i 96% 102 j 6s-5s June 1944_______________ 10.»% 97 09% 6s-5s June 1945_______________ 100% 100 7s-5s Jan. 1946_______ 100 4 %s-5s M ay 1943_____ .........! 95% 89% 89% _____ 96% 4s-5s Mar. 1942_______ 4s-5s Jan 1943________ _____, 96 104 10 1% 4s-5s M ay 1940_______ 97 . . . Boston & Maine (old)— 102 ..J & J ' 86 92 .F& A 36% 88 .F&A 81% 58 . J&J 63 56% . .J&J 101 57 Equip 5%s 1927-1937(yr)F&A b 5.05 54% Eq tr 6s 1927-38 (year).-J& D b 5.10 Ports Gt F & Con 4%s'37.J&D Y NH & H Bos & N Y A L— SeeiN ____________ Boston Rev B & L 4% s '27..J& J 72 75 Bridge'n & Saco R 1st 4s '28.J&D! — 2d 4s 1928_______________ J&D; Burns & W— See Atl Coast Line; Buffalo Creek 1st 5s 1941__ J&J 102 102 101 1st ref 5s 1961................... J&J, 101 Buffalo Rochester & Pittsburgh— ' 94% 95% General 5s g 1937_______ M&S 102% 95% 92% Con g 4% s 1957________ M&N. 92% 92 Eq 6s ser K 1927-33 (s-a) .F&A & 5.20 91% E quip4s series G 1929__ A&O 6 4.80 99 98 % 85 A1 & West 4s g guar 1998-A&O; 104% 105 99% 4.90 4 70% Clear & M 1st 5s g gu 1943-J&J 5.05 4.90% Buffalo & Southwest— See Erie Buff & Susquehanna RR Corp— 100% 102 75% 1st 4s Dec 30 1963_______ J&J Burl Ced Rap & No— See CRI&P 93 95 _ Butte Anaconda & Pac 5s'44_F&A 95% 107 99 97 California N W 5s 1928 gu.-A &O 95% Cam & Clear— 1st 5s g 1941-J&J 101 118 ____ Gen M g 4s 1955_____- F&A 88 90 __ & Ind— 1st 5s '36-M&N 101 102 __ Cambria 102% Gen mtge 6s 1944________F&A 100 Eq tr 5% s 1927-38 (year).M&N.& 5.20 108% __ Canada Atl— See Grand Trunk 10*2% Canada South 5s 1962 ser A .A&O 106 90 102% 103 Canadian National Railways— 96% 4% s Sept 15 1954 ---M & S15 92 — 99% 4% guar gold notes 1927..J&J 99% 5-year 4% s Feb 15 1930.F&A15 Canadian Northern— 1st con deb 4s 1930 gu..J& D 30 96% S F deb 7s 1940_________ J&D 115% 100% — S F deb 6% s 1946________ J&J 118% 101 10-yr g 4%s Feb 15'35 - -F&A 98% Canadian N W 4 % s O c t2 2 1943 92% Manitoba S E 1st 4s £ '29-F&A 92 94% 94% Winnipeg Term g 4s 1939 g . J&J 91 105 % 106 Canadian Pacific— 98 97% Cons deben 4s perpetual--J&J 84% 101 % 101% 20-yr col tr 4% s 1946____M&S 96% 108% 108 Eq tr 4% s 1927-1928_____J&J b 4.70 101% 101 % E q t r 4 % s 1927-1938 s-a-.J& D 6 4.76 102% 102% Eq tr 6s Apr 26 '27-’32(s a)A&0,6 4.90 4.75| 4.85% Aroostook Va] 4% s 1929.F&A 94 4.80 4.70% 4.80 4.70% New Brunsw 1st g 5s 1934.F&A If 99 Cons deb 4s perpetual..J&J If 77 5.05 4.95% Ont & Que deb gu 5s perp.J&D If 97 Carb & Shaw— See Illinois Oent'l| 95 94% 102 % 102% Carolina Cent— See Seab Air Line. Caro Clinch & Ohio 5s 1938.-J&Jj 103 1st cons 6s 1952 Ser A-.J&D15I 108% 98% | 99% 103% 109 s Sale price. 4.70% 4.70% 4.95% 1< 5 05 102 % if 6 101% 4.70% 4 .70% 4.75% 90% 104 io r 4.90 % 4 55% ---96% 98 4.90 % 102% 103% 98 U'1% 4.50% 4.70 \ 4 75% 4.95% 101% *8% 90 8e% 92” 10 1 95 10 1 73” " 72 5.15% 94% 107 4.90 t 87% 95 100 83 107% 7 l" 93% 94% 115 104% 101% 107 5. .0% 87 56 99 F eb., 1927.] RA ILR O A D BONDS M NOTICE.— All bon d prices are ‘ and in terest” except where marked “ f ” and incom e and defau lted bonds. Bonds. Chicago Milwaukee & Pacific— 50-yr 5s 1975 when if & as issued AdJ inc 5s when if & as issued.. Chic Milw & Puget Sound— 1st M g 4s 1949 guar._ J&J-Q-J Certificates of deposit____ Chicago Milwaukee & St Paul— Gen g 4s A May 1 1 9 8 9 ...J&J Gen & ref 444s Jan 2014..A&O Certificates o f deposit. Conv 5s Jan 2014 ser B ..F & A Certificates o f deposit . 1st sec 6s 1934___________ J&J Gen g 3 H s B May 1 1989.- J&J Gen 444s May ’89 series C.J&J Deb gold 4s July 1 1934__ J&J Certificates of deposit . Conv deb 444s '32 opt '22. J&D Certificates o f deposit______ Gold bonds 4s 1925 opt’22.J&D Certificates o f deposit______ m European loan 4s 1946. - M&S Equip tr 6s 1927-35 (yr)_J&J15 Equiptr5s’27-'40 serB(yr) F&A Bedford Belt 1st 5s 1938 ..J & J Milwaukee & Northern— 1st ext 4 44s ’34 (1880) -J&D Cons 6s 1934 ext at 4 44% „ to 1934 (1884)____J&D Chic & Nor M — See Pere Marq Chicago & North Western— Gen M 344s g 1987_____M&N Gen M gold 4s 1987_____M&N Stmpd non-pay Fed inc tax Gen M os '87 stpd inc tax.M&N GenM 444s’87 stpd inc taxM&N Sinking fund deb 5s 1933.M&N Sinking fund 6s 1929_____ A&O Coll tr s f 5s 1929________ A&O 10-year 7s June 1 1930____ J&D 15-year 644s Mar 1936___M&S 1st & ref 5s May 2037___ J&D Eq tr 5s'27-'35 ser M fyr)_J&D Eq tr 6s Jan 15 ’27-’38. . J&J15 Eq tr 644s 1927-36 ser J..M & S Eq 644s 1927-36 K (yr)__A&0 Des Plaines Val 4 44s 1947.M&S Frem Elk & Mo V 6s ’33 ._A&O la Minn & N W 1st 344s’35. J&J ManitowGB&NW 3 44s'41-J&J Milw Lake Shore & Western— Ext & imp s f g 5s 1929. .F&A Mil Sparta & NW 1st 4s’47M&S Mll&State Line 1st 344s’41 .J&.T St L Peo & N W 5s 1948 -J&J St Paul East Gr Tr 444s'47.J&J Sioux City & Pac 344s'36.F&A Chicago Peoria & St. Louis— Prior lien gold 444s 1930..M&S Certificates of deposit______ Chicago Rock Isl & Pac RailwayGeneral gold 4s 1988______ J&J Ref g 4s 1934 opt to 1911..A&O 5% notes 1929____________J&J 5% notes 1929__________ M&S 444s notes 1928__________ J&D Eq tr 6s Jan 15 1927-’35. J&J15 Eq tr 5s 1927-’38 (s-a)____ J&D Eq tr 5s Apr ’27-’34 (s-a)_A&0 Eq 4 44s 1927 (s-a)___ . J&J Burl Cedar Rapids & North— Con 1st & coll tr 5s g '34. A&O Choctaw Oklahoma & Gulf— Consol gold 5s 1952____M&N Choc & Memph 5s 1949___J&J Peoria Ry Ter 4s '37 gu op . J&J R I Ar & La 4>4s 1934___ M&S St P & K C Sh 4 44s '4 1 ..F&A Keok & Des M — 1st 5s'23 A&O Certificates of deposit______ Stamped 2% loan________ Chic St L & N O— See 111 Central Chic St L & Pitts— See Penn Co Chic St Paul Minn & Omaha— Cons 6s June 1 1930___J&D Cons 6s red to 344s 1930.-J&D Deb gold 5s Mar 1 1930..M&S Stamped___________________ Eq 6s 1927-35 tann)___ J&.J15 Ev tr 7s 1928-31 Series B . J&J North Wisconsin— 6s 1930.J&J Super Sh L 5s June 1930.M&S Chic Terre Haute & Southeast— 1st & ref g 5s Dec 1 '60 opt.J&D Income mtge Dec 1 1960______ South Indiana 1st g 4s '51-F&A Chic Un Stat 1st 444s 1963..J&J 1st M 5s 1963 series B ____ J&J 1st M 644s series C 1963..J&J Guar gold 5s 1944________ J&D Chicago & Western Indiana— Gen gold 6s Dec 1 1 9 3 2 ...Q-M Consol gold guar 4s 1952__ J&J 1st & ref 5 44s 1962 A ____M&S Chic & West Rl ich— See Pere M Choc Okla & Gulf— See C R I & P Cincinnati Hamilton & D a y t o n General 5s gold 1942_____J&D 2d mtge gold 444 s 1937___ J&J Dayton & Michigan 1st 5s 1911 Ext at 444 % to '31 op'17.J&J C I St L & C — See O C C & St L— Cin Ind & West 1st 5s 1965.M&N Cin Leb & Nor— See Pennsylvania Cine & Musk Val 4s 1948__ F&A Cin N O & Tex Pac Ry— Eq tr 5s 1927-38 (y r )...A & 0 Cincin North 1st g 4s 1951.-J&J Cin San & Clev— See C C C & St L Clearf & Mahon— See B R & P Cleveland Akron & Columbus— General gold 5s 1927_____M&S 1st cons guar g 4s 1940__ F&A Unguaranteed_____ .________ Clev Cine Chic & St Louis— General 4s gold 1993_____ J&D Gen M 5s ser B 1993___ J&D Deb gold 444s 1931______ J&J Ref & imp 6s 1929 ser A ..J& J Ref & imp M 6s '41 ser C ..J& J Ref & imp M 5s '63 ser D ..J & J Equip tr 5s 1927-’29 (yr)__J&J b Equip tr 6s 1927 (yr)_____ J&D b b Basis. Bid. Ask 92 544i 9244 5444 5844 5844 5944 5844 8644 60 60 5844 5844 K'344 7644 97 5944 5944 5944 5944 5944 5944 8644 6044 6044 5944 59 104 9744 60 5944 60 60 60 5944 5'.40 5.20% 5.15 4.95% 98 9544 96 9544 96 7944 9144 91 % 10944 10544 10144 10244 101 44 10644 11144 10444 4.90 5-10 4.90 4.90 94 107 44 91 8544 81 92 101 9144 83 103 44 9544 90 10644 103 10344 10644 112 10444 4.70 4,95% 4.70% 4.70% 108 9244 10144 94 107 9144 20 20 8844 8944 Q3 9244 10044 100 % 100% 100 44 9944 100 •5% 5.15 4.8o 4.70% 4.85 4.70% 4.75 1.50% 101 104 44 10544 8844 9544 9344 8944 9544 93 M 101 14 90 90 10344 104 9544 9444 9944 9944 9944 9944 5.30 5.05% 5.20 5% 10244 105 9644 9044 8244 9744 104 44 11744 10144 9644 91 83 98 10544 118 10344 10544 8744 10444 10544 8744 10444 9844 9744 100 9844 100 95 96 5% 4.75% 9044 8844 100 93 90 9044 10744 111 9914 9844 102 14 10244 10744 10344 10444 4.85 4.60% 4.75 4.50% / This price Includes accrued lnt. Bonds Bid. Clev Cin Chic & St L (Concluded) Cairo Div 1st g 4s 1939 . .J&J C W & M Div 1st 4s g '91 J&J St L Div 1st col tr g 4s '90 M&N 8744 8244 Spr & Col Div 4s 1st g '40.M &S White W V Div 1st 4s '40.J&J 9144 Cine Ind & St L Sh Line Ry— 1st gold guar 4s 1953__ A&O C I S L & C 1st 4s g Aug '36 Q-F 9544 Cin San & Clev con g 5s '28 J&J 100 Clev Colum Cin & Indianan— Gen cons gold 6s 1934__ J&J 10744 Id Blm & W ext 4s 1940 -A&O 9244 O Ind & W g 5s Apr 1938..Q-J 92 44 86 Peor & East cons 4s '4 0 ..A&O 41H 2d cons inc 4s 1 9 9 0 ...Apr 1 Cleveland Lorain & W heelingCons now 1st 5s 1 9 3 3 -.-A&O 101 % Stamped subject to call_____ Gen M 5s 1936_________ J&D 10044 99 Con refg g 444s 1930 red. J&J Clev & Mahon Val— See Erie RR Clev & Marietta— See Penn RR Cleveland & Pitts— See Penn Co Clev Short Line— See L S & M S Cleveland Terminal & Valley— 8744 1st 4s gold guar 1995___ M&N Cleveland Union Terminals— 109 M 1st s f 544s 1972 series A ..A & 0 10444 1st M s f 5s 1973 ser B ___ A&O Coal & Iron Ry— See Western Md Coal River R y— See Ches & Ohio Colo & Sou 1st g 4s 1929 F&A 9844 Ref M g 4 44s May 1 '35. .M&N 97 M Efl tr 6s 1927-35 (year) J&J 1 5.20 I t Worth & D C 6s 1921— Ext at 514 7c to 1961 ...J & D 106M Colo Sou N O & Pac— See St L & S F Col Connect & Ter— See Nor & W Col Hock Val & T— See Hock Val Conn & Pass— 1st g 4s '43 A&O 86 Newp & Richf 1st 5s '41 gu J&J Conn River— Gold 4s '43 M&S 77" Connecting Ry (Phila)— 1st M gu 4s Mar 15 '51 -M&S15 9244 Connellsv & Monongahela Ry— 97 , _ l s t s f gold 4s 1930 op t-. _M&S Cuba Northern 6s 1966 stpd.J&J 10244 Cuba RR— 1st g 5s 1952___ J&J 9544 1st 1 & ref g 744s '36 ser A . J&D 11:8 1st 1 & ref 6s 1936 ser B J&D 10944 Imp & equip 5s 1960 . M&N Current Riv— See K C Ft S & M Dallas & Waco— See Mo K & T Daws Ry & C ’l— See El Paso & S W Dayton & M ich— See C H & D J&J 91 Dayton Union 4s 1949_____ Del & Bound Br 3 44s '5 5 ...F & A Delaware & Hudson— Conv 5s 1935 ................... A&O 11444 1st & ref gold 4s 1943___ M&N 93:i4 •% sec g bonds 1930_____ J&D 10644 15-yr g 5 14s May 1 '3 7 .-M&N 10444 Eq tr 6s Jan 15 '27-'35-J&J15 5 05 Adirond 1st 414s '42 gu.-M&S: 95 Albany & Susq 3 44s gold 1946 _ /o o n v before 1916) gu .A&O 8744 Bluff Point Land Impt Co — 1st mtge guar 4s 19 40...J&J 86 Chateaugay Ore & Iron— Guar gold 4s 1942______ J&J 87 Rensselaer & Saratoga— 6% g bds May 1 '41..M & N 11044 Utica Clin & Bing 5s '39..J& J 100 Delaware Lack & Western— Morris & Essex 344s 2000. J&D 8044 N Y Lack & Western— 1st & ref 5s 1973 ser A M&N 1st & ref 4J4s '73 ser B.M&N 10244 Warren 1st refg 3 44s 2000.F&A 8144 Del Riv RR & Bridge— See PallR Denison & Pac Sub— See Tex & P Denver & Rio Grande Westprn— Gen income 5s A ug'55..M & N / 7844 Denver & Rio Grande— 1st con g 4s 1936........ ........J&J 9144 1st con g 444s 1936_______ J&J 95 Improve’t gold 5s 1928...J & D 9944 Rio Gr June 1st gu 5s ’39.J&D 10044 Rio Gr So 1st g 4s '4 0 ..J & J / 744 1st g 4s guar 1940____ J & J / 744 Rio Gr West 1st 4s '3 9 ...J & J / 9144 1st coll tr 4s 1949 o p ...A & O f 8544 Utah Fuel 1st 5s 1931..M&S 99 Denver & Sait Lake— 1st 5s '43 ctfs dep ass’t pd.M&N 75 Des M & Ft D— See Minn & St L Des Pi Val R y— See Chic & N W Det Gr Rap & West— See Pere M Det & Mack pr 1 4s 1995___ J&D 70 Mortgage gold 4s 1 9 9 5 ...J&D 65 Detroit Riv Tun— See Mich Cen Detroit & Toledo Shore Line— 1st gold guar 4s 1953____ J&J 87 Dul & Ir Range— 1st 5s '37.A & 0 10144 Duluth Missabe & Northern— Gen g s f 5s Jan 1 1941___ J&J 10444 Duluth South Shore & Atlantic 1st gold 5s 1937__________J&J 7644 Dutchess Co— See Cent New Eng East Tenn Va & Ga— See So Rv— Eastern Minn— See St P M & M Elgin Jol & East 5s 1941__ M&N 10344 Elmira & Williamsport— 1st 6s 1910 ext at 4% 1950. J&J 88 Income 5s 2862________ A&O 99 El Paso & R I— See El P & Sow El Paso & Southwestern Co— El Paso & S W RR — 1st & ref 5s 1965_______ A&O 10544 New Mexico Ry & Coal Co— 1st col tr g 5s Oct 1 '47.A&O 1st & con & coil tr g 5s '51 A&O Dawson R & Coal 5s '5 1 .J&J El Pas& R I lstggu5s'51 J&J Erie— NY & E lst4s ext g'47 M&N 91 444s 3d ext 1933_________M&N 9844 5s 4th ext gold 1930______ A&O 10044 4s 5th ext gold 1928______J& D 9847 7s 1st cons 1920 ext to '3 0 .M&S 106/2 Prior lien gold 4s 1996___ J&J 83 Gen lien gold 4s 1996___ J&J 7644 k Last sa le. I In L o n d o n , Ask. 95 8844 108 87 4244 100 89 110 10444 9944 9744 5% 94 99 10244 9544 101" 8m 11544 9344 10644 105 4.90% 89 10144 81 7844 9144 9544 9944 101 44 9 9 92 86 100 80 7344 664$ 78 10344 8>'44 9944 10744 8344 -644 Bid. B onds. Erie RR (Concluded)— Conv gold 4s 1953 ser A -.A & O 8144 81 Series B 1953_________ A&O Series D 1953_________ A&O 8744 100 6% notes Mar 1 1930___ M&S 5 10 Eq tr 6s 1927-35 (year).J&J15 Eq 6s ser FF '27-’28 (s-a) M&N 4.80 Penn coll g 4s Feb 1 1951. .F&A 9954 Buffalo & Southwestern— 1st g 6s ’08 ext to 1928..J&J 2d g 5s '08 ext to 1928.-J&J Jeff RR 5s ext at 544 1929. A&O Chic & Alt Term 5s 1928.-J&J Ch & Erie 5s 1st g 19 82..M&N 107 44 Income 5s Oct 1982________ Cleve & Mah Val g 5s '3 8 .J&J 100 Erie & Jersey s f 6s 1955-J&J 1 13 1 12 '4 Genesee River 6s 1957____J&J Goshen & Deck 1st 6s '28-J&J 10044 Long Dock 6s con g 1935.A&O 108 % Newb & N Y 1st 5s 1929--J&J N J & N Y 5s 1950___ M&N 90 Gen 5s Dec 31 1932 ,T&J N Y & Gr Lake gu g 5s '46 M&N 9944 N Y L E & W C & RR— 1st 6s ext 5 44% 1942--M&N N Y L E & W D & I 1st 6s '13 07 H Extended at 5% to 1943.J&J 9714 N Y P a & O P 1 444s '35.M&S 93 Paterson Ext 1st 5s 1950-.J&D N Y Susq & Western— S9:i4 1st refunding 5s 1937...J& J 2d mtge 4 44s 1937_____F&A 7044 72)4 Gen mtge 5s g 1940___ F&A Term 1st g 5s 1943___ M&N ’ 99 Registered $5,000 each . . . Midland o f N J 1st 6s 1910 ext at 5% to 1940---A&O 9544 . Wilkes & E 1st g 5s '42_ J&D 75 Erie & Jersey— See Erie RR— Erie & Pittsb— See Penn R R — Est RR of France— Externa] s f 7s 1954_____M&N 10044 European & N A —See Maine Cen 93 Fitchburg— 5s Jan 1 1934. - -J&J 444s Jan 1933____________J&J 92 Flint & Pere Marq— See Pere M Flo Cen & Pen— See Seab Air L I-lorida East Coast 444s ’59 J&D 9*44 1st & ref 5s 1974 _ M&S 99 44 Florida South— See Atl Coast L Florida West Shore— See Seab A L Fonda Johnstown & Glovorsv— 1st cons ref’g g 4 44s 1947..J&J 86 Gen refg gold 4s 1950___ J&J 05 Registered . 63 1st cons ref 444s '52 jp tllM & N Fort Dodge Des Moines & Sou— 1st 5s 1938----------------- ..J & D 60 Ft Smith & West 1st g 4s '54VA&0 15 94 H st UnDept Det444s'41.J&J Ft Worth & Dn C— See Col & S 98 H VL ,rt:1 t R*°. ° r 4s 1928.J&J Fre Elk & M o R iv—See C & N W Galv Har & San An— See So Pac Galv Houston & Henderson— 1st M 5s 1933_____ _ .A&O 9744 Galveston Term 6s 1938 M&S 102 Genesee River— See Erie RR Gen & W yo 1st g 5s 1929--A&O 99 Geor & Alabama— See Seab A L Georgia Car & N— See Seab A L Ga & Fla 1st g 5s 1 9 5 6 ..-M &N f . . . Geor Midland— See South'n Ry Ga RR & Bkg ref 6s 1951.-A&O 112 4s Jan 1 1947______ _ J&J 88 Gar.s ” uc& FJj* 1st g 5s 1945-J&J 102 Deb 5s 1952________ A&O 94 5% 6r 444s 1927-1939 s-a.M &N Gila Val Globe & Nor— See S P Goshen & Deekertown— See Erie IR Gr Rap Bel & Sag— See Pere Mar «ran d Rap & Ind— See Penn RR Grand Trunk Pacific— 1st M 3s 1962............ J&J 69 89 H 25 ’39 A]S gu.M & N 1st 4s beb 15 '42 Alg gu.M & N 87 Gen 4s 1962 Can Gov guar. J&J 85 Prairie Section 4s 1 9 5 5 ...A&O 74 Mountain Sec 4s 1955____A&O 74 „ Lak,e Sup Div 4s 1955-..A & O 75 Grand Trunk Ry of Canada— Sink fund g deb 7s 1940...A & O 11544 Deb g 6s Sept 1 1936___ M&S 10744 „ Canada Atl 1st 4s 1955___ J&J 76 Grand Trunk West 4s £ 1950.J&J 77 1st g gu 4s $ July 1 1950.1J&J 86 Great Northern— Gen M 7s 1936 series A ____ J&J 11344 1st & ref g 44£s '61 opt '4 1 .J&J 97' Gen M 544s 1952 ser B ...J & J 10944 Gen M 5s 1973 series C ____J&J 103 Genl 4 44s 1976 ser D___ J&J 95 44 Eq tr 444s 1927-1939____ M&S 4.75 Eq tr 4 44s 1928-1940 D (yr) J&J 4.75 4.85 5s 1927-1938 (yr)_.M & S Eq tr 6s Jan 15 ’27-'35-.J& J 15 5.10 Western Fruit Express Eq 5s J'ne 15 '27-'39 (yr) J&D 5% 4.90 „ ? i tr 444s 1927-1940.J&D Great Northern Ry of Canada— Cons 4s 1934 opt to 1914 A&O £054 Green Bay & West debt certfs A 83 Deb ctfs B ________ 21 Greenbrier Ry— See C hes'& 'ohio Gulf M obile & Northern— 1st 544s 1950 ser B __ A&O 10544 Gulf & Ship Island RR— „ I*? ref & term g 5s Feb '52. J&J 10644 Gulf Terminal of Mobile— 1st mtge g 4s 1957 gu______ J&J 84 Hocking Valley Ry— 1st cons gold 444s 1999...J & J 98 Eq tr 5s 1927-1938 (ann).A & 0 4.80 Eq tr 5s 1927-1939 (v r )...J & J _ 4.80 Eq tr 6s '27-'35 (yr)____J&J 15 b 5. i 0 Col & H V ext 4s 1948.. .A&O 9144 Col & Tol 1st g 4s 1955..F&A 9044 Holbd Bed & Cumb— See Pa RR Housatonic— See N Y N H & H Houston Belt & Term 5s '37 J&J 99 44 Houston E & W Tex— See Sou Pac m Dollars per 600 francs or £2 0 . n N o m in a l, s Sale price, Ask. 8144 8144 88 l't'44 4.90% 4.70% 101 :::: 114 — — :::: 98 14 9844 95 9044 79 7444 7644 101 100 89 — 6344 65 25 — 9844 97 M . . . . 35 114 90 10244 96 4.75% 70 89 87 — 11544 107 44 87 11444 98 44 10944 10344 9544 4 65% 4.65% 4.70% 4.95% 4.75% 4.70% 9144 2244 106 — 85 9844 4.70% 4.70% 4.95% 92 100 u Per £200. [V ol. 124. RAILKOAD BONDS 32 NOTICE.— All bond prices are “ and interest” except where marked “ f ” and income and defaulted bonds. Bonds. Bid. Houston & Tex Cen— See Sou Pac Hudson & Manhattan— 9854 1st gold 5s 1957 op t______ F&A 8654 Adj inc up to 5% Feb ’67-A & 0 88 1st M 414s 1957 conv------F&A N Y & Jer 1st g 5s ’32 opt.F & A 10054 Huntingdon & Broad Top— 1st M ext 68 Mar 31 ’40 A . A&O 2d M ext 6s 1940 ser B — F&A 3d M consol 5s Mar 31 '40-A&O Hutchinson & S— See A T & S F 9414 Illinois Central— 1st g 4s ’51.J&J 8714 1st gold 314s 1951----------- -J&J 87 Main L ext 1st g 314 s ’51-A&O 73 1st M £ 3s 1 9 5 1 ................. M&S 1st M £ 4s 1951................... A&O If 85 Tr bonds £ 314s 1950.------J&J If 76 9114 Coll trust gold 4s 1952---- A&O Col tr L N O & T g 4s '53.M & N 8814 R ef mtge 5s 1955-------------M&N 10814 R ef g 4s 1955 opt 1918--M&N 9414 8514 Pur lines 1st g 314» 1952--J&J Jt 1st ref M ( 1 C & C S L & N O) 5s 1963 ser A ___ J&D 10354 Sor B (£100 & £200) ’6 3 .J&D If 97 Gold 514s Jan 1934----------- J&J 10214 Gold 634s July 1 1 9 3 6 ..-J&J 11254 40-year 4 Ms Aug 1 1966.-F&A t 9654 Eq tr 4J4s 1927-1939 K ..F & A 6 4.70 Eq tr 414s 1927-1940 L -.A & O b 4.70 Eq tr 4J4s 1927-41 Ser N .A & O b 4.70 Eq 6s 1927 _____________M&N b 4.75 Eq tr 5s 1928-38 ser J ...M & N b 4.70 Eq tr 6s '27-’35 (year).-J& J 15 b 5.05 Equip6 Ms 1927-1934 (yr).F& A b 4.90 Equip 7s 1927-1935--------- A&O b 4.80 9214 Cairo Bridge 4s g 1950— J&D Litch Div 1st g 3s 1951---- J&J 7654 83 Louisv Div 334s g 1953---J& J Omaha D iv 1st 3s g 1951--F&A 7714 86 St Louis Div 314s g 1951--J&J St Louis Div 3s g 1951------J&J 7654 Sp’field Div ext 3J4® ’5 1 --J&J 7954 Western lines g 4s 1951— F&A 9054 Chicago St Louis & N O— Con g 5s June 15 ’ 51-J& D 15 10514 Con g 3 Ms June 15 ’51 J&D 15 7954 Mem Div 1st 4s 1951--J&D 8954 St Louis Alton & Ter Haute— 96 St L South 1st g 4s ’31-M&S Carb& Shaw 1st g 4s ’32-M&S 9554 Ind B1 & Wn— See C C C & St L Indiana 111 & la— See Chic Ind So Ind & Louisv— See Ch Ind & L So Indianapolis Union— 102 Gen & refg 5s 1965 ser A ..J& J 10254 Series B ----------------------- - - - Interboro-Met ISee Street & E Inter Rap Tran] Ry Securities Internat-Great North Ry— 1st M g 6s 1952 series A — J&J 107 Adj M 6sJuly 1952 ser A.A pril / 8954 8514 Stamped________________ - - 97 1st M 5s 1956 series B ------- J&J Internat Rys (Central America)— 77 1st M 5s 1972 opt----------- M&N 1st col tr 6% notes 1941.M&N , 95 89 6% notes 1936------------ - - - Iowa Central— See Minn & St L la Minn & N W— See C & N W Jacksonv Ter 1st 5s gu '3 9 -.J&J 101 no Ref & ext 6s 1967-------- . J&J Jamestown Frank & Clearfield— 1st g 4s 1959 guar-------------J&D 9254 Jefferson— See Erie Joplin Union Station— 1st g 4Ms 1940 guar op.-M & N 9614 Kal A1 & G R R — See L S & M S Kanawha Br & Ter— See C & O Kanawha & Mich— See Tol & O C Kanaw & W Va— See Tol & O C K C Excel Spg & N W— See Wabash Kan City Ft Scott & Memphis 9254 10154 99 Current Riv 1st 5s 1927.-A&O K C Mem & Bir 4s 1934--M&S 9414 Income 5s Mar 1934--Sept 1 f 96 Assented____________M&S 9954 Kan City & Mem Ry & B— 1st 5s gold 1929----------- A&O 9954 Kansas City Mexico & Orient— 1st gold 4s 1951 (undep)-.F<& 6% notes 1916 certifs-------A&O / ----Kansas City & Pac— See M K & 1 Kan City Sou— 1st g 3s 1950-A&O 74 Ask. 99 8614 90 10154 90 81 9314 8854 10814 8654 104 102 10254 11214 9614 4.60% 4.60% 4.60% 4.50% 4.60% 4,90% 4.75% 4.70% 87 10714 — 97 — 10314 10714 90 8714 9754 9514 93 — 9314 9714 9254 10154 9554 ICO 10014 7414 R e f & im p t 5s A p r 1 1950. 100 9954 b 5.30 5.10% Eq tr 6s 1927-35 (year)--. Eq tr 514s 1927-38 (year)-M&S 65.10% 4.85% Kansas City Terminat Ry— , 1st g 4s 1960 opt 1930----- J&J 8854 8814 97 Kan O k la & G u lf 1st 6s 1976.J&J 9S24 — Inc 6s series B Jan 1949— .-Jan / 12 Kentucky Central— See L & N Kentucky & Indiana Term RR 1st M 414s 1961 (sterling)-J&J 88 8554 Stamped_____________ 8854 — Plain______ ______ ____ 9254 Knoxv & Ohio— See Southe: Lake Erie & Det Riv— See Pere M Lake Erie & West 1st 5s '37. 2d gold 5s July 1 1941--Nor Ohio 1st gu 5s g 1945-A&0 L S & Mich So— See N Y C & H R Leh & Lake Erie— See Lehigh Val Lehigh & New England— 10214 10054 9554 104M 9614 10314 104 103 Gen mtge gold 5s 1954.-. Equip trust 434sl927-1931-Var 6 5% 4.75% Lehigh Valley Harbor Term Ry 104 Vs 10554 Lehigh Valley— 94 125 127 9614 8814 8854 98 Gen con gold 4 Ms 2003. 9814 10554 Lehigh & Lake Erie— 95 92 9014 Lehigh Valley Coal— 1st 5s gold guar 193310114 102 4% 1Basis. 1933- 9654 101 99 Vs 9954 10014 _ 10014 101 100)4 Bonds Ask. 1st & ref 5s 1974_______ F&A 10014 Lehigh Valley Ry of New York 9914 1st 4 Ms gold 1940------- J&J Lehigh Vail Term 5s 1941-A&O 10214 Middlesex Val 1st 5s '4 2 --M&N 100 Pa & N Y Canal con 5s '39.A&O 10214 98 Cons mtge 434s 1939__ A&O 9314 Cons mtge 4s 1939___ A&O Lehigh & Wilkes— See Cent N J Lex & East— See Louisv & Nashv 9714 Litchfield & Mad 1st 5s ’34.M&N 87 Little Miami guar 4s 1962. .M &N Little Rock & Hot Spr West Ry— 87 1st gold 4s 1939 guar_____J&J 8914 Long Island— Unified g 4s’49M&S 8914 Refunding g gu 4s 1949__ M&S 100 54 1st cons f 5s July 1 1931__ Q-J 96 1st cons g 4s July 1 1931__ Q-J 93 Gen mtge gold 4s 1938____J&D 94 54 4s gold 1932_____________J&D 9914 Debenture gold 5s 1934__ J&D 9814 Debenture gold 5s 1937--M&N 5.10 Equip tr 5s 1927-39 (y r)-.A & 0 5.25 Equit tr 6s 1927-32 (yr)..F & A 9814 Montauk Ext 5s 1945_____J&J Brook & Mon 2d 5s 1938-J&D L I City & F con 5s 1937-M&N N Y Bay Ext R 1st 5s g ’43-J&J New York Bklyn & Manh Bch 1st gold 5s 1935_______ A&O 10054 N Y & R B 1st g 5s 1927-.M&S 100 North Shore Branch—1st cons 5s g Oct 1 1932.-Q-J 100 ouisiana & Arkansas R y— 1st s f gold 5s 1927_______ M&S 100 ouisiana & North Western—• 62 1st M gold 5s 1935_______ A&O ouisv Cine & Lex— See Lou & N ouisville Henderson & St Louis— 1st mtge gold 5s 1946_____J&J 102 ouisville & Jeffersonville Bridge 8954 Guaranteed gold 4s 1945--M&S ouisville & Nashville— 105 50-year gold 5s 1937_____M&N 9614 Unified gold 4s 1940_____J&J 10114 Coll trust gold 5s 1931__ M&N 7% g notes May 15 ’30-M&N15 105 10814 1st & ref 5 Ms 2003 ser A ..A & O 1st & ref 5s 2003 ser B ___ A&O 10614 1st & ref 4 Ms 2003 series C A&O ICO 4.70 Eq tr 4 Ms 1927-37 (year).J&D 4.8 i Equip 6Ms 1927-36 (year) .M&S 5.05 Eq tr 6s '27-’35 (yr)___ J&J15 9414 Atl K & Cin Div 4s 1955--M&N Atl Knox & Nor 1st 5s '46-J&D 10414 Consol gold 4s 2002___ M&S Lou C & Lex 4Ms g 1931-M&N 1 6 6 " N O M ob 1st gold 6s 1930--J&J 10314 2d gold 6s 1930________ J&J 10314 94 Pad & Mem Div 1st 4s '46-F&A S E & St L Div 6s 1971---M&S 6714 2d mtge 3s 1980_______ M&S 89 Kentucky Cent 4s g 1987--J&J 10914 Lex & East 1st 5s 1965__ A&O L & N Mob&Mont 4Ms’45M&S 10014 Louisv & Nashv Southern joint 8714 gold 4s 1952__________ J&J 87 M L & N Term 1st g 4s ’52 gu J&D Nash F & S 1st gu g 5s '37-F&A 10214 Newport & Cincinnati Bridge— 97 1st M g 4Ms 1945 guar.-J&J S & N Ala cons M g 5s '36-F&A 104 Gen cons gu g 5s 1963--A&O 11014 8514 Macon Dub & Sav 5s 1947.-J&J Macon Terminal 5s 1965____ J&J 102 Mahoning Coal— See L S & M S Maine Central— 95 1st & ref 4 Ms 1935_______ J&D 9814 1st & ref 5s Dec 1935_____ J&D 1st & ref 6s Dec 1935_____ J&D 104 93 Eur & N A gold 1933___ J&J 94 Hereford Ry— G 4s '3 0 --M&N 91 Upper Coos 1st gu 4s '30-M&N 91 Upper Coos Ex 434s g ’30-M&N Washington Co Ry 1st g gu 72 3 Ms Jan 1954 op 1924--J&J 67 Manila RR Sou Lines 4s’39_M&N 4s 1939 ext to 1959 7014 Philippine Govt gu___M&N Sinking fund g 7s 1937--M&N 10814 Manitoba & S E— See Can Nor Manitoba S W Col 5s 1934--J&D 100 M d Del & Va 5s 1955 gu___ F&A 78" Maryland & Pa 1st g 4s ’51-M&S Mason City & Ft. Dodge— 1st M gold 4s 1955_______ J&D Memphis Union Station Co— 10214 1st g gu 5s Nov 1 ’59____M&N Merchants' Br— See Term RR 85 Meridian Term 4s '55 guar .M&N Mexican International— Prior lien 414s 1947______ M&S f -■ 1st con gold 4s 1977______ M&S / -■ Sept. 1 1914 coup on_______ f Sept 1 1914 coupon o ff_____ f -• Mexican North 1st 6s 1930-J&D / -Mich Cent— See N Y C & H R Middlesex Valley— See Leh Val Middletown & Unionville— — 2d M adj inc 6s 1933____M&N M idi R R — 6% franc bds (foreign series) red up to 1960_____ J&D 6$24 Midland of N J— See Erie Midland Valley— 5s 1943___A&O 9714 Adj M Apr 1 '53 ser A ___ Sept Series B ____________________ Millen & Southw— 5s 1955.-A&O 95" MilLakeSh&West— See Chi&N W Milw & No— See Ch Milw & St P Milw & Spart & N W — See Chic Min & Pac— See M St P & S S M Minn & St. L— 1st 7s 1927.-J&D 9854 1st gu g 7s 1927__________ J&D 100 1st consol gold 5s 1934__ M&N / 5414 Certificates of deposit.. / 52 1st refg gold 4s 1949_____ M&S / 1854 R ef & ext 5s Feb ’62 ser A .Q -F f 1314 Des M & Ft. D 1st 4s ’35-.J& J f 32 Certificates of deposit.. f 3214 Iowa Cent 1st g 5s 1938.-J&D f 51 , Certificates of deposit.. / 5154 1st & ref g 4s 1951___ M&S f 1714 Minn St P & Sault Ste Marie— 1st cons gold 4s 1938______ J&J 88 1st cons gold 5s 1938______ J&J 0754 1st cons 5s '38 gu int___ J&J 9754 2d M gold 4s guar 1949__ J&J 8254 Coll trust 614s 1931_____ M&S 10014 10114 /T h is price includes accrued interest, Bid. h Dollars per 1,000-franc bond. 102 9814 90 8914 90 98 99 4.90% 5% 102 10054 10014 64 __ 9014 10114 10514 10814 10614 10014 4.60% 4.70% 4.90% 95 10014 107 107 6714 90 110 102 88 10314 98 110 V4 8614 103 96 9914 105 95 73 68 — 826 9814 :::: 9954 10 1 55 53 19 15 38 34 5214 5414 1714 88)4 9714 9814 84 101 10154 Bonds. Bid Minn St Paul & S S M (Concl)— 87 M 25-year 514s 1949________ M&S 5% Eq tr 414s 1927-36 (s-a) .M&N b Eq tr 5s 1927-33 (s-a)____M&S 65.05% Eq tr 6s 1927-35 (year).-M&S 65.20% Eq tr 7s 1927-1930 (year)-J&D 6 5.10 M 8tP & S S M & Cent Term R y— 9654 1st Ch Ter s f 4s’41 op’ 16 M&N Minneapolis Term— see Wis Cent 9614 Mississippi Cent g 5s 1949__ J&J Missouri-Kansas-Tex R R — Prior lien 5s 1962 ser A ___ J&J 102 86 M Prior lien 4s 1962 ser B ___ J&J 10254 Prior lien 6s 1932 ser C ___ J&J 9854 Adj M 5s Jan 1967 ser A ..A & O Mo Kan & Tex (old company)— 8754 1st gold 4s 1990_________ J&D Eq tr 6s 1927-35 (year).J&J15 6 5.3U Boonville R R . Bridge— 1st g gu s f 4s 1951___ M&N Dal & Waco 1st gu 5s '40-M&N Kan O & Pac 1st 4s g '9 0 --F&A / — Missouri Kansas & Okla— 1st g gu 5s M ay 1 ’4 2 --M&N / M K & T o f T 1st 5s g u ’42 M&S / 135 M o Pacific RR (new company)— 10014 1st & ref 5s Jan 1965 A __ F&A iu734 1st & ref 6s 1949 ser D __ F&A 10714 1st & ref 6s 1955 Ser E __ M&N 5% gold notes 1927_______ J&J 10014 6% secured notes 1930____M&S 100 Basis Secured 5 Ms 1931-1956.-J&D Equip trust 5s 1927-40 (yr)M&S 6 4.90 Mo Pacific (old company)— 77 Gen M 4s Mar 1975........... M&S Equip 6 J4s 1927-36 (year) .F&A 6 5.15 Eq tr 6s ’27-’35 (year)._J&J15 6 5.20 3d 7s ext to July 1938 at 9214 4 % ___________________ M&N 84 Cent Br Un Pac 1st g 4s’48 J&D 94 Pac of M o 1st ex g 4s ’38-F&A 2d ext 5s gold 1938--------- J&J 102 St L R E 1st 5s 1938--M&N Cardelet Br 1st 4J4s’38-A & 0 St Louis Iron M t & Sou— 9814 Unify & ref’g g 4s '29__ J&J 10O54 Gen con ry & 1 g 5s '31-A&O Gen con stpd gu g 5s ’31 A&O 9354 Riv & Gulf D iv 4s ’33. -M&M Mobile & Birm— See Southern Ry 1 00M M obile & O— 1st g 6s 1927.-J&D 1st exten 6s July 1927____ Q-J 100 34 b314 Gen g 4s 1938____________M&S 4.9o Eq tr 5s 1927 '38 ( s - a ) . M & S 4.95 Eq tr 5s 1928-39 (year)------J&J Montgom Div g 5s 1947.-F&A 10054 St Louis Div 5s 1927_____ J&D 100 b6 54 St L & C 4s guar 1931____ J&J M o’k & Malone— See N Y C & H Monongahela Sou 5s 1955--A&O Mont Cent— See St P M & M Mont W yo & So 5s 1939__ M&S Morgant & Kingwood— See B & O North & Essex— See D L & W Nashville Chattanooga & St L 10014 1st consol gold 5s 1928__ A&O 4.90 E q tr 4Ms 1927-37 (year)-A&O Nash Flor & Sheff— See L & N National Railways of Mexico— Prior iien g 414s s f 1957..J&J Jan 1914 coupon on ____ July 1914 coupon on ____ 1614 Assent cash warr & scrip on Gen mtge 4s 1977_______ A&O April 1914 coupon o ff_______ 20 M Assent cash warr & scrip o n .. 8% gold notes June 1915-J&D Nat R R of Mex p 1 g 414s ’26-J&J July 1914 coupon on---------------24 M Assent cash warr & scrip on. lst cons gold 4s 1951____ A&O April 1914 coupon o ff_______ 1314 Assent cash warr & scrip o n .. Nebraska— See C B & Q New Eng RR — See N Y N H & H New Hav & No— See N Y N H & H N J Junction— See N Y Central New Jersey & New York— SeeErie 85 New Lon Nor 1st 4s 1940— J&J New M ex Ry & C ’l— See El Paso New Orl Gt Nor 1st 5s ’55--F& A 86 >4 New Orl & North East 6s 1915— Extended at 5% 1940___ M&N 9654 Ref & impt 414s ’ 52 ser A ..J & J 8714 New Orl Term 1st 4s 1953— J&J New Orleans Texas & Mexico—Non-cum inc 5s Oct '35 series A 100 34 10014 1st 5s 1954 series B ____ A&O 10414 1st M 514s 1954 series A -.A & O 10354 1st 5s 1956 series C ______ F&A Newp & Cin Bdge— See L & N Newp & Rich— See Conn & Pass N Y B & M Bch— See Long Island N Y Bay Ext R R — See Long Isl New Y ork Central RR — Conv deb 6s 1935_______ M&N 107 M 9114 Cons mtge 4s 1998 series A F&A New York Central & Hud Riv— 80 R ef g 314s July 1 1997--J&J 9714 Deb g 4s '34 tax-exempt-M&N 9514 Deb 4s 1942 tax-exempt-.J&J 9814 R ef & impt 414® 2013 A -.A & O 10654 R ef & impt 5s 2013 C ____A&O 4.80 E q tr 7s '27-’35 (year)..A & 015 5% Eq tr 6s ’27-’35 (yr)____J&J15 4.70 NYC L eq 5s ’27-’37 (yr).J& D 4.70 N YC L eq os 1927-30 yr J&D 9914 NYC Lines eq 414s 1928- J&J 4.70 N YC L eq 4 34s ’27-’37(yr)M&S N YC Lines eq 414 s Sept 15 1927 4.70 to 1939 (y ear)______M&S15 4.70 N YC Lines eq 414s ’28-’35-J&J 4.70 NYC RR eq 414s ’36-’32--J&J 9914 Bos & Alb eq 414s 19 27--.A & 0 7914 L S coll tr g 314s 1998____F&A 80 M C coll tr g 314s 19 98---F&A 95 54 Beech Cr 1st 4s g gu 1936--J&J 99 2d guar gold 4s 1936___ J&J 82 Beech Crk Ext 314s '51--A & 0 9014 Cart & Adir 1st 4s 1981__ J&D Clf Bit C Co 1st g 4s ’4 0 --J&J Gouv & Osw 1st 5s g 1942. J&D lOOli Lake Shore & Mich South— 81 H Con g ref 314s 1997___ J&D 9954 Deb gold 4s 1928______M&S 97 Gold 4s 1931_________ M&N Cleve Short L 414s ’6 1 -.A & 0 10114 K A & Gr R 1st 5s 1938-J&J 102 M Kal & W Pig’n g 4s ’4 0 --J&J 105 Mahon O R R 1st 5s, 1934.J&J 103 A: Last sale. /I n London, s Sale price, Ask 88 4.80% 4.85% 4.90% 4.90% — — 104 87 10314 99 8714 5% — 100 H 10754 10754 10054 101 5.30% 4.80% 7754 4.90% 5% 8654 — 9854 10014 93 J4 101 H 101 j i 94 4.75% 4.75% 10254 n Nominal. 9754 74 101)4 4.7«>% 1714 22" 2514 1514 8714 9714 88 10054 10054 10514 10354 108 92 8054 9714 9554 9954 10654 4.70 4.85% 4.60% 4.60% 10014 4.5 >% 4.55% 4.55% 4 60% 10014 80 y6114 96M 8114 9914 98 10114 10514 RAILROAD BONDS F eb., 1927.] 33 NOTICE.— All bond prices are “ and interest’’ except where marked “f ” and income and defaulted bonds. Bonds. Bid. New York Central (Concluded)— Michigan Central— 5s coup ’31 D & B O div.M&S 10154 Deb gold 4s 1929 ------- A&O 9914 Equip 5s 1927-30 (y r)--A & 0 b 4.80 Equip 6s 1927-32 (y r)-.M & S b 6% 1st 5s Kal & S H 1939 -M&N 1st mtge M Air L 4s ’40 J&J 9554 1st g 4s Jol & N Ind’57 J&J10 1st g 3 34s J L & Sag ’51-M&S 8314 1st gold 3 54s 1952 ___ M&N 86 M BayC&BC 1st M g 3s’89 J&D 64 Bat C & S 1st gu g 3s’89 J&D Det R Tun 4H s '61 gu.M&N 9714 Grand Riv Vail 4s 1959 M&S Tol Can Sou & D 4s '56-J&J Moh & Mai 4s 1991 - -M&S 91 Consol gold 3 54s 2002- M&S 85 N J June 1st 4s gu 1986-- F&A N Y & Har 1st g 3 54s 2000M&N 81 H N Y & Nor 1st g 5s 1927--A& 0 9954 N Y & Put 1st 4s g 1993--A& 0 8914 Pine Creek guar 6s 1932--J&D 106 54 Pitts & Lake Erie 6s 1928--J&J 5 s J a n ll9 2 8 -_____A&O 100 Eq tr 654s 1927-35 (yr)-A & 0 b 5.05 Pitts M cK & Y 6s 1932--J&J 105 54 2d 6s guar 1934 — J&J 103 St Lawr & Adirond 5s ’9 6 --J&J 9914 2d gold 6s 1996________A&O 105 54 West Shore 1st 4s 2361------J&J 8654 N Y C & St L 1st g 4s 1937--A & 0 9614 2d & impt 6s A B & C ’31-M&N 10254 Deb 4s M ay 1 1931______ M&N 96 54 R ef 554s 1974 ser A _____A&O 10554 R ef 554s 1975 series B ------J&J 10514 New York Connecting RR— 96 H 1st M 4H s 1953 series A .-F & A 1st guar 5s 1953 series B --F & A 10314 N Y & Greenw'd Lake— See Erie N Y & Harlem— See N Y C & H R N Y & Jersey— See Hud & Manh N Y Lack & West— See D L & W N Y L E & W C R R — See Erie N Y & Long Br— See Cent o f N J N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv-_J&J15 10834 73 54 Deb 4s May 1 1957______ M&N Deb 4s July 1 ’55 non-conv.J&J 7914 Deb 4s 1956 non-conv___ M&N 7914 78 54 Deb 4s 1947 non-conv____M&S 72 Deb 354s March 1947___ M&S Deb 314s 1954 non-conv.-A& O 7014 Deb 314s 1956 conv------- J&J 7054 15-year secured 6s 1940— A&O 104 54 6% notes Oct 31 1930— M&N 10154 Bos & N Y A L 1st 4s g '55.F&A 8054 SOM Cent New Eng 4s 1961------J&J 86 Dutchess Co 414s 1940. J&D Danb & Norwalk 4s 1955- - J&D Harl R & Portch4s 1954-M&N 8814 Housatonic con 5s 1937..M &N 98 54 Naugatuck 1st 4s 1954-- M&N 7854 New Eng cons 4s 1945 gu.-J& J 87 54 Consol g 5s July 1 1945-J&J 9954 N Y & NE Bos Ter 4s’39 A&O 90 N Hav & North 4s ’56 gu_J&D 79 N Y Prov & Bos 4s 1942--A&O 8854 N Y Westchester & Bos Ry— 8154 1st M g 454s 1946 guar.-J& J Prov Sec deb 4s 1957 gu.-M & N 7214 Prov Ter 1st g 4s gu 1956-M&S 84 N Y & Nor— See N Y C & H R New York Ontario & Western— Ref 1st g 4s June 1992------M&S 78 ____ Registered $5,000 only--------Gen M g 4s 1955 r e d ----J&D 7454 Eq 4 54sMar’27-Sept'28s-a M&S b 4.70 94 N Y Phila & Nor— 1st g 4s’39.J&J 87 54 Income 4s Jan 1 1939 — M&N Stock trust ctfs 4s 1948--J&D 8854 N Y Prov & B— See N Y N H & H N Y & Putnam— See N Y C & HR N Y & Rockaway B— See L ’g Isld N Y Susq & West— See Erie N Y West & B— See N Y N H & H 97 Nord R y s f 614s 1950____ A&O N orf & Caro— See Atl Coast Line Norfolk Southern— 1st & ref g 5s '61 opt ’ 15--_F&A 9154 N orf & South 1st 5s 1941-M&N 10014 1st gen g 5s 1954 opt------J&J 9554 92 Ral & Cape Fear 1st 5s ’43 .M&S Ral & Southp con 5s 1965-J&D 94 Suffolk & Car con 5s 1952-J&J 9214 ___ Norfolk Ter 1st gu 4s 1961-M&N Norf & West gen 6s 1931— M&N 106 Impt & exten 6s 1934----- F&A 10814 107 N & W R y 1st con 4s ’9 6 --A&O 9354 Div 1st lien & gen g 4s July 1 1944 opt Jan 1 1929___ J&J 93 p8 Conv 6% Sept 1929 — M&S 157 N & W Pocahontas 4s '41-J&D 95 Eq tr 4 Ms 1927-32 (yr)._M&N 6 4.7C Eq tr 414s 1927-31 (yr)_ —F&A b 4.7C Eq tr 414s 1929-32 ( y r ) „ .A & 0 b 4.70 Eq tr 4J4s 1928-1935- ..-J & J b 4.7C Scioto Val & N E 1st 4s’89M&N 9214 No & So Car— See Car Atl & West N ’east o f S C— See Atl C L o f S C Northern Calif Ry — See So Pac Northern Central— 10514 Gen & ref 6s 1974 ser A-.M & S Northern Ohio— See L E & West Northern Pacific — Prior lien g 4s Jan 1997------Q-J 9254 Gen lien g 3s Jan 2047------Q-F 67 Ref & imp 414s 2047 ser A.J& J 9714 Ref & imp 6s 2047 ser B --.J & J 11354 Ref & imp 5s 2047 ser C — J&J 10154 R ef & imp 5s 2047 ser D — J&J 10454 Eq tr 4)4s 1927-32 (yr).F&A15 6 4.8C Eq tr 414s 1927-1940---M&S15 b 4.8C Eq tr 7s 1927-30 (yr)._M&N15 b 4.9C St P & D Div g 4s 1996— J&D Wash Cent 4s Mar 1948--Q-M 8714 St Paul & Dul 1st 5s 1931-F&A 10154 1st consol g 4s 1968------J&D 92 Dul Union Dep 5s 1930-A&O No Pac Ter Co— 1st 6s 1933-J&J 10954 orth Ry o f Calif— See Sou Pac 94 North Penna ext’d 4s 1936-M&N Gen g 3 3-10s 1953-----------J&J 76 6Basis. 4.60% 4.75% 87 69 68 98 92 8214 9014 10014 4.80% 10354 __ 8714 9554 10254 97 106 10554 9714 104 109 7354 80 80 81 7414 71 104 54 102 81 8014 ____ __ 8954 9914 89 10014 ___ 82 ___ 8214 75 7814 ___ 7414 4.50% 9514 8914 9714 92 ___ 9654 96 9414 ___ ____ ___ North Wisconsin— See St P M & O Northw Term g 5s 1926 gU-.J&J Certificates of deposit Norwich & Wor— 4s 1927--M&S Ogd’bu & L Cham— See Rutland Ohio Connecting— See Penn RR Ohio I & W— See C C C & St L Ohio River— See Balt & Ohio Old Colony R R — 4s Jan 1938__________ ____ J&J 314s July 1 1932----------------J&J 1st M 514s 1944_________ F&A 1st M 5s 1945 series B __ J&D Oregon & California— See So Pac Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 opt.-J& J Ore RR & Nav cons 4s ’46-J&D Oregon Short Line— See Un Pac Pacific Coast Co— See Misc Bonds Paducah & 111 1st 414s '55— J&J Pan American 1st 5s '34 opt . J&J Paris-Lyons-Mediterranean R R — Ext s f 6s 1958 _______ F&A15 S f extl 7s 1958____--M &S15 Paris-Orleans ext’l 7s 1954--M&S 6% franc bonds (foreign series) red to 1956 __ ____ J&D Paterson Extension R R — See Erie Paulista Ry 1st 7s’42 ser A M&S15 Pennsylvania R R — Con M 4s gold 1943- - - M&N M&N do 4s gold 1948----do 4s gold 1948 sterling stamped dollar bonds__ do 414s g 1960-------.F & A ___ J&D Gen g 4 54s i965 Gen g 5s Dec 1 1968J&D 10-year gold 7s Apr 1 ’3 0 --A&O 15-yr 654s Feb 1 1936___ F&A 40-yr 5s 1964___________ M&N Con M 314s g £ 1945 - -J&J Eq tr 6s ’27-’35 (yr)___ J&J15 E q tr 5s Mar 1927-38— M&S Gen equip 5s 1927-’39 (yr) A&O Eq tr 414s 1927-39 (y r)--A & 0 Alleg Val gen 4s 1942 M&S Balt Ches&Atl 1st g 5s '34 M&S Belvidere Delaware— 1st g gu 3 J4s 1943 -J&J Cin Leb & Nor 4s 1942---M&N Clev & Marietta 414s '35-M&N Cleveland & Pittsburgh— Ser A 4J4s gen gtd 1942-J&J Ser B 414s gen gtd '4 2 --A & 0 Int red to 314% ________ Ser C 3 14s gen gtd ’4 8 --M&N Ser D 314s gen gtd '50--F& A D Riv RR & B gu g 4s ’36-F&A Erie & Pittsburgh— Gen gu g 314s ser B '40--J& J Series C 1940 — — J&J Gr R & Ind ext 414s '4 1 .-J&J 2d 4s 1936-_____A&O Holidaysburg Bedford & Cumb 1st M g 4s 1951 guar— J&J Ohio Connecting 4s 1943-M&S Pennsylvania Company— Gu g 4s 1931 op 1921--A&0 Gu tr ctfs g 4s 1952----M&N Gu tr ctfs g 314s 1937--M&S Gu tr ctfs g 3J4s 1941--F&A Gu tr ctfs g 314s 1942.-J&D Gu tr ctfs g 314s 1944--J&D Ph Balt & Wash 4s ’4 3 --M&N Gen 5s 1974 series B — F&A Pitts Cin Chic & St Louis— Con g gu 414s ser A ’40-A&O do Ser B 19 42---A&O do Ser C 1942----M&N do Ser I 1963____F&A do 414s ser J ’64.M&N do 4s ser D 1945-M&N do 4s ser F 1953--J&D do 4s ser G 1957-M&N do 4s ser H I960-F&A do 314s ser E ’49-F&A Gen M 5s 1970 ser A ..J & D Gen M 5s 1975 ser B -.A & O C St L & Pits 1st 5s g’32-A&O Pitts Va & Char gu 4s '43-M &N Pitts Young & Ash 5s '27-M &N 1st gen 4s series A 1948-J&D 1st M 5s 1962 series B -.F & A 1st gen 5s 1974 series C . J&D Sun & Lewis 1st g 4s 1936--J&J Tol Walh Valley & Ohio— 1st g gu 414s ’31 ser A ..J & J 1st g gu 454s ’33 ser B ..J & J A sk. 42 9954 9354 93 54 108 103 f 88 92 M 8854 92 M 98 M .... 9914 94 54 10054 101 94 M 10014 10154 h$25 102 96 95 94)4 102J4 99 54 109 10654 111M 103 54 If 7714 b 5% b 4.70 b 4.70 b 4.70 9554 20 $27 10254 __ _ 95M 9514 10214 100 10914 10614 112 10314 8214 4.90% 4.60% 4.60% 4.60% 9554 30 8414 91M 9814 10014 10014 87 54 8714 85 M 9414 88 M 89 9714 93 ____ 92 M 98 8814 87 86 §554 84 54 9554 11014 10014 10014 10014 10014 10014 9514 9514 9514 95 54 9554 108 10854 10254 9254 10054 92 M 10514 10454 92 M 99 99 93 M 94 93 87 8614 111 102 54 102 Bonds. Bid. Pitts Shaw & N— 1st g 5s '49-F&A f -----Gold 4s Feb 1 1952--F&A / 3 6% receivers’ ctfs 1927__ F&A / 70 Pittsburgh & Shawmut— 1st s f g 5s 1959 op t______ J&D / . . . . Pitts Shen & LE— See PBess & LE Pittsb Term RR & Coal— 1st g guar s f 5s 1942 - --J& J W Side Belt 1st g 5s ’37 M&S Pitts Va & Chas— See Penn RR Pitts & Western— See B & O Pittsb Youngs & Ash— See Pa RR Portland & Ogdensburg 1st M 414s 1928 guar____M&N 97 Portland & Rumford Falls— Debenture 4s Aug 1927..F&A 99 Portl (Me) Term gu 4s '6 1 --J&J 8254 Guar 5s 1961_____ ____J&J 100 Port Reading— 1st gu 5s ’41 -J&J Ports Gt F & Con— See Bos & Me Potomac Val— 1st gu 5s g ’41 - J&J 101 Prov Sec Co— See N Y N H & H Pro vidence Term— See N YN H&H Prov & Wore— 1st 4s 1947- A&O 87 Ral & Cape Fear— See Norf Sou Ral & Charles— See Seab A L Raleigh & Gas— See Seab A L Ral & Southp— See Norfolk South Raleigh & SAV— See Ches & Ohio Raritan River— 1st g 5s ’3 9 --J&J 9754 Reading Company— Gen gold 4s Jan 1 1997 J&J 10054 b 4.75 Eq 5s (J&J) '27-’32 ser J-.J& J 92 Jer Cent g 4s ’51 op '06 A&O Gen & ref 414s 1997 ser A J&J 98 M Atlantic City gu 4s 1951--J&J 8654 1st M gold 514s 1929--M&N 101 W & N A tr ctfs 4s red 105-Q-M 80 Phila & R— 2d 5s g 1933--A&O 10154 92 Imp M ext g 4s 1947 A&O Cons ext gold 4s 1937- M&S 9354 Term 5s g gu M ay 1 '41-Q-F 104 Del R Ter p m g 5s '42-M&N 101 Ex p mon g 5s 1942 -J&J 100 Wilm & No 1st 5s 1927.J&D 10054 Gen g 5s Aug 1 1932 -Q-F 9954 Phila & Read Coal & Iron— Coll s f g 4s ext '32 gu.F&A 100 Kenssel & Saratoga— See Del & H Richm & Danv— See Southern Ry Rich Fredericksb & Potomac— Cons mtge 454s 1940 __ A&O 97 Equip 6s Jan 15 28-35 J&J15 b 5.10 Rich & Mecklenburg— See So Ry Rich & Petersb— See Atl Coast L Richmond Term— 1st 5s 1952.J&J 10254 Richmond-Washington Co— Coll tr g gu 4s 1943 opt J&D 95 Rio Gr June— See Denv & Rio Gr Rio Grande Sou— See Denv & R G Rio Grande West— See D & R G Rock Isld Frisco Term— 5s’27 J&J 100 Rock Isl Ark & La— See O R I & P Rutland— Con 454s 1941 J&J 9254 Ben & Rutl 454s g ’27--M & N 9854 Odg & L Ch 1st g gu 4s '48-J&J 8254 Rutl Can 1st g gu 4s 1949-J&J 8354 Eq tr 454s 1927 (y r)___ M&N b 4.75 St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s ’51- J&J 75 St Clair Term 1st 5s 1932 - F&A St Johns & L Cham— 5s ’44 M&S St J & Gr Isl— 1st g 4s 1947- J&J 88 St Lawr & Adir— See N Y Central St. Louis A1 & T H— See 111 Cent St Louis Br— See Term RR Assn St L & Cairo— See Mobile & Ohio St L Iron M t & Sou— See M o Pac St L Mer Br Co— See Term RR St L Peo & N W— See Ch & N W St L R ocky M t & P 5s 1955— See Misc C A sk. 6 ____ 99 100 99 4.60% 92 M 9954 91 10154 10254 93 54 9454 103 102 98 4.90% 10054 9954 86 83 M 4.50% 8954 os,p.44 St Louis-San Fran (reorganized) Prior lien 4s 1950 series A J&J 86 85 M Prior lien 5s 1950 series B J&J 10154 101J4 Prior lien 6s 1928 series C J&J 10154 101M Prior lien 554s '42 series D-J&J 10254 10814 10254 10814 Cum adj 6s July 1955 A&O 99 M 100 103 Income mtge 6s July 1960 Oct 9754 9754 E q tr 6s ’27-’34 (y r). -J&.J15 b 5.10 4.95% Eq tr 5s 1927-37 (y ea r)...M & S 64.80% 4.70% Gen mtge gold 6s 1931-. J&J 105 54 106 Gen mtge gold 5s 1931 _J&J 10054 101 St Louis Southwestern— 1st g 4s 1989____________ M&N 8654 8754 2d g inc 4s Nov 1989 J&J 82 )4 83 1st consol g 4s 1932. J&D 95 9>M 1st term & unif 5s 1952 J&J 99 9754 9354 Penn & N Y Canal— See Leh Val Cent Ark & Ea 1st 5s ’40 op.J&J 96 97 Pennsylvania & Northwestern— Grays Pt Term g 5s 1 9 4 / J&D 9554 General 5s Jan 1 1930 J&J 101 9314 Shrev Bdg & Ter 5s ’55 gu F&A 95 165 Peoria & East— See C C C & St L StephenvN&STex 5s’40 op.J&J 96 54 9754 9514 Peoria & Pekin Union R y— 1st g 5l4s 1974 series A — F&A 10414 4-«>5 Vo 1st M 6s 1929-. _____ ..J & J 4.55% Peoria R y Term— See Ch R I & P St Paul & Duluth— See Nor Pac 4.55% Pere Marquette (New C o)— St Paul East Gr Trk— See C&NW & N W 4.55% 1st g 5s July '56 Ser A ____J&J 104M St P & K C Sh L— See C R I & P R I & Pac 93 1st g 4s July '56 ser B ____J&J 8914 90 St Paul Minn & Manitoba— Eq tr 6s ’27-’35 (yr)___ J&J 15 6 5.05 4.85% 1st consol g 4s 1933______ J&J 97 54 L E & Det Riv 414s ’3 2 --F&A 97 M 1st consol g 6s 1933.J&J 107 54 108 M 98 M Perkiomen 1st 5s '18 ext to '38 Q-J 1st cons red to 454s g 1933 J&J 10054 2d 5s 1918 ext to 1938____Q-J Montana ext 1st 4s 1937 J&D 96 10714 Phila & Balt Cent 4s 1951--M&N 8914 Pacific Ext 1st 4s £1940. J&J SOM 91 Phila Balt & Wash — See Penn RR Eastern R y of Minnesota— Phila Newt & N Y 3s 1942--A&O Nor Div 1st g 4s 1948 A&O 93 54 93 Phila & Read— See Reading Co Mont Cent 1st gd 6s 1937 J&J 11154 11254 6714 Phila Wilm & Balt— 1st guar gold 5s 1937 J&J 103 M 10454 Debenture g 4s 1932 - - _A&0 9714 96 Will & S F 1st 5s g 1938 ..J & D 10354 10454 11314 Philippine Railway— St Paul & Nor Pac— See Nor Pac 1st p 4s 1937 s f opt gu— J&J 105 43 4354 St Paul Union Depot— Pine Creek— See N Y C&Hud Riv 105 1st & ref 5s 1972 . _J&J 10554 106 4.65% Pittsb Bessemer & Lake Erie— 4.65% P S & L E 1st g 5s 1940----A&O 102 M 10314 1st M 5s 1938___________ M&N 9554 9654 Cons 1st g 5s July 1 ’4 3 --J&J 10054 4.70% San Ant & Aran Pass— See SoPac ___ P B & L E con g 5s 1947,-J&J San Fr & S Jo Val— See A T & SFe 8854 Pitts Char & Youghiogheny— San Fran Term— See Sou Pacific ___ Gen mtge gtd 4s 1932__ A&O Santa Fe Pres & Ph— See AT&SFe Pitts C C & St L— See Penn RR Pitts & L E— See N Y C & Hud Riv 1st M s f 5s July 1 1937 -J&J Pitts M cK & Yough— See N Y C /T h is price Incl. accrued interest, Bid. Bonds A sk. h Dollars per 1,000-franc bond, k Last sale. I In London, n Nominal. sSaleprice. (Tax-exempt. 34 [ V o l . 124. EAILEOAD BONDS AND STOCKS NOTICE.—All bond prices are “and interest” except where marked “f” and income and defaulted bonds. B on d s. Bid. 8 a v F la & W — See A tl C o a s t L in e S a v & S tates — st g gu 5s ’ 5 3 - J& J S c io to V ail & N E — See N o r f & W S eab A ir L in e— 1st g 4s 1 9 5 0 -A & O 81% S ta m p e d _________________________ 81% A d j m tg e 5s O c t 1 1 9 4 9 --F & A 87 % R e f g o ld 4s 1959 o p t _____ A & O 76 1st & c o n s 6s 1945 ser A . - M & S 98% E q u ip tru s t 6s 1927 ______J & D 5% E q u ip tr 6s (s-a) 1 92 7 -3 7 -F & A 5 .2 5 E q t r 5 % s 1927-1932 (s -a ) A & 0 5 .2 0 E q t r 5s 1927-1940 (s-a ) __ J& J 5% E q t r 4 % s Jn e 15’2 8 -4 0 (s-a ) J & D 4 .9 5 A tia n ta -B irm in g h a in D iv — 1st g 4s M a y 1 1933____ M & S 90% C aro C e n t 1st g gu 4s '4 9 - - J & J 78% F lorid a C en tral & P en in su la— 1st 1 g ext 5s g old 1 9 3 0 --J & J 101 % 1st co n s 5s g old 1 9 4 3 ------■'&J 101% S ou B ou n d 1st g 5s '4 1 -A & O 99% F lo rid a W e s t Sb 5s 1 9 3 4 --J & J 97 G a & A la 5s O c t 1 94 5 ____ J& J 98% G a & A la T e rm 1st g 5 s'4 8 .J & D 97 G a C a r o & N — 1st 5s g '2 9 . J& J 100 R a l & C h a rleston 4s 1 9 5 6 -F & A 72 C o n s o l 4s 1 956_________ F & A 62 R a l & G a s ton — 1st 5s s ’47 J& J 100 S eab & R o a n o k e — 5s e x t '.31 J& J 100 S e a b -A ll F lo rid a R y — 1st gu 5s 1935 series A - . F & A 97% S eacoast E R o f N J 5s '4 8 - -A & O S eba st & M o o s e h 1st 5s ’ 2 8 -M & S S h a m ok in S u n d ry & L e w is b ’g — 2 d 6s g o ld J u ly 1 1925 e xt at 5 % t o J u ly 1 1 94 5 .......... J& J S her S h rev & S o— See M o K & T S h rev B d g & T e r — See St L So W Sierra R y o f C aliforn ia — • 1st s f 6s g A p r 12 '3 7 - A & 0 1 2 S iou x C it y & P a c— See C h & N W S om erset R y 1st & r e f 4s '5 5 -J & J 71 1st M 4 r J u ly 2 1 9 5 0 _______J& J 73 S o C a r o & G a — See S ou th ern R y S ou th B o u n d — See S eab oa rd A ir L So In d ia n a — See C h T H & S E S ou th ern 111 & M o B rid ge C o — 1st M g 4s 1 951 ___________ M & N 81 S ou th ern P a c ific C o — C o ll t r 4s (C P ) A u g 1 '4 9 J & D 88% C o n v g 4s Ju n e 1 '2 9 o p '1 4 M & S 98% C o n v g 5s 1 934____________ J & D 101 C o ll tru s t 5s 1 9 4 4 ________ M & N 1 00 % E q u ip 7s 1927-1935 (y r ) J & D 4 .8 0 E q u ip 5s 1927-1939 (y r )_ _ M & N 4 .7 0 E q u ip t r 5s 1928-38 ( y r ) ..J & D 4 .7 0 E q tr 4 % s 1928-40 (y r ) _ - J & D 4 .7 0 P a c ific F ru it E xpress e q u ip 7s Ju n e 1 1927-1935 ( y r ) . . J & D 6 4 .8 5 A u s & N o r 1st 5s g 1 9 4 1 --J & J C en tra l P a c ific — 1st r e f 4s g gu ar 1 9 4 9 --F & A 92% 1st g gu ar 4s O c t 1 1 9 5 4 -A & O 89% M 3 % s g gu A u g 1 1 9 2 9 -J & D 97% G u ar g 5s 1 960__________ F & A 102 ]/i m E u rop ea n loa n 4s '4 6 - -M & S 74% G a lv e s to n H a rrisb & San A n — M e x & P D iv 1st 5s '3 1 -M & N 100 % 2 d M 5s 1921 g u ______J& J 100% H o u s to n E ast & W e s t T e x a s — 1st 5s g M a y 1 1 9 3 3 -— M & N 100 % 1st gu g 5s M a r 1 9 3 3 - - M & N 100% H o u s to n & T exa s C e n tra l— 1st lien g 5s 1 937_______ J& J 101 % W a c o & N W D iv 6s '3 0 M & N 102 N o r C a l R y g 5s 1 9 2 9 - .. J & D N o R y o f C a ' 5s g gu 1 9 3 8 -A & 0 105% O regon & C al 1st 5s 1 9 2 7 --J & J 100% S A & A r P ass g gu 4s '4 3 -J & J 89% San Fran T e rm 1st 4s 1950 A & O 90% S o P a c ific B r 6s 1 93 7 ____ A & O 111 S outh ern P a c ific R R C a l— 1st co n g 5s gu 1 937___M & N 104% 1st r e f g 4s 1955 o p 1 9 1 0 -J & J 94 S ta m p e d F ed era l T a x _______ S o P a c C oast 1st g 4s 1 9 3 7 .J & J 95% T e x a s & N O con 5s 1 9 4 3 --J & J 101 D a llas D iv 1st g 4s '3 0 -F & A 95% S ou th ern R a ilw a y — 1st con sol g old 5s 1 99 4 ____ J & J 107% D e v e lo p & gen M g 4s '5 6 - A & 0 86% D e v e lo p & gen 6s 1 956 ___ A & O 115 D e v e lo p & gen 6 % s 1 9 5 6 -A & 0 121 E q tr 6s '2 7 -’35 ( y r ) ____ J& J 15 5 .1 0 E q tr 5s 1927-39 ( s -a ) .-.M & S 4 .8 0 E q tr 4 % s A p r ’2 7-'3 9 (s-a) A & O 4 .8 5 E T e n n reorg lien 5s 1938 M & S 101% 1st M e m D iv g 5s 1 99 6 ___J & J 106% S t L ou is D iv 1st g 4s 195 1 -J & J 90 A ik en B r 1st g 4s 1 998____ J& J A tla n ta & C h a rlo tte A ir L in e— 1st M 4 % s 1944 ser A .- J & J 99 1st M 5s 1944 ser B ____ J& J 104% A tl & D a n v ille 1st 4s 1 9 4 8 -J & J 80% 2 d g 4s 1 9 4 8 - ...................J& J 75% A tl & Y a d 1st gu g 4s '4 9 - - A & 0 83% E T V a & G a — D iv g 5s '3 0 J& J 100% C o n s o l 1st g 5s 1956___ M & N 106 G a M id 1st g 3s 1 946_____ A & O 72% L & N So jo in t g 4s— See L & N M o b & B irm p r lien 5s '4 5 -J & J 100 % S m a l l - .'_______________________ 98% G en M g 4s 1 945............. J& J 86% S m a ll______________ :________ 82 M o b ile & O co ll tr 4s '3 8 -M & S 91% R ic h & D a n d e b 5s s tp d '2 7 A & O 99% R ic h m o n d & M e c h le n b u rg — 1st g 4s N o v 1 1 948___M & N 79% So C a r o & G a 1st 5 % s '29 M & N 101 V ir g in ia M id la n d Series F 5s 1 9 3 1 ...............M &S 100% G en eral 5s 1 93 6 ________ M & N 102% Va & S ou th w est 5s 2 0 0 3 - -J & J 102 1st con s g 5s 1 958______ A & O 95% 8 & N A la — See L o u is v & N a sh v S o u th P a c C o a s t— See S o u th P a c S p o k a n e F alls & N o r 6s '3 9 - -J & J S p o k In te rn a t 1st g 5s 1 9 5 5 -J & J 85 S tate L & S u lliv 4 % s 1 929-J & J 97 S taten Isla n d R y — See B alt& O h io S teph en N & S T e x — See St L S W B u ff & C a rolin a — See N o r f & So S u n b u ry H a zleton & W - B — ■ 1st 5s M a y 1 1 9 2 8 ________ M & N 2 d m tg e in c 6s 1938 c o u p .M & N S u n b u ry & L e w — See P e n n R R bBa e Ask. B on ds. 81% 87% 76% 98% 4 .6 0 % 5% 4 .9 5 % 4 .8 0 % 4 .7 5 % 92% 86 % 103% 100% 99% 99 100% 76 102’ ‘ 98 74 76 83 88% 99 101% 4 .7 0 % 4 .6 0 % 4 .6 0 % 4 .6 0 % 4 .7 0 % 103 92% 102% 101 100% 100% 89% 91 94% 1 07 % 87 1 15 % 121 % 4 .9 5 % 4-. 7 0 % 4 .6 2 % 90% T9 % 1 05 % 81% 75% 84 106% 73% 85% 93% 100 83 101% 102% 95% 85% /This price includes accrued Interest. JtLast sale. Bid. Ask. Sup Sh L in e— See C St P M & O m T a m p a & G u lf C o a s t— 92 93 1st g 5s 1 95 3 _______________A & O T a m p a & J a c k so n v ille — 1st M 5s 1949 c t f d e p ____ A & O 70 60 T a m p a N o r th 1st 5s '3 6 o p .J & J 95% 96% T en n essee C e n tra l R y — 1st m 6s 1947 Ser A ________ A & O 97% 99% T e rm R R A ssn (St L o u is )— 1st g o ld 4 % s 1939 . . - . A & O 98% 98% 1st c o n s o l g o ld 5s 1944 F&A 102% 89 G en r e f s f g 4s '53 o p TO J& J 88% St L B r 1st g 7s 1 92 9 _____ A & O 103% 104% 101 St L M e r B rd g e T — 5s '3 0 A & O 100% 102% 101% M e r B rd g e 6s '29 o p '09 F & A T erre H a u te & Peo 5s 1 9 4 2 .M & S 101 101% T e xa rk an a & F t S m ith — 104% 101% 1st m 5 % s 1950 g u a r _____ F & A T e xa s C it y T e rm 6s 1941 J& J26 100% 99 T e xa s & N e w O rleans— See So P a c T e xa s & O k la — See M K & T T e xa s & P a c 1st 5s 2 0 0 0 - - -J & D 107 105 2 d in c g 5s D e c 2 0 0 0 -M a r / 100% 1 00 % L o u is ia n a 'D Iv 1st 5s 1 93 1 -J & J 5 % 4 .7 5 % E q t r 5s 1927-1939 .............M & N b ____ D e n is o n & P a c S ub 193 0 -M & S 98% W e a th e r fo r d M in W & N o r t h — 1st gu ar f 5s 1 9 3 0 - - ___ F & A 99% 99% T e x P a c -M o P a c T e rm R R — 104% 104% 1st M g 5 % s 1 96 4 ________ M & S T o l C an So & D e t— See M ic h C en 101% T o l & O h io C e n t 1st 5s 1935 J& J 100% W e s t D i v 1st 5s g 1 9 3 5 - - - A & 0 100% 101% G en era l g o ld 5s 1 935____ J & D ____ St M a r y ’s D iv 4s g 1951 F & A 87% E q t r 6s 1927-1935 (y r ).J & J 1 5 6 5 .1 0 % 4 .9 0 % 87 85% K a n a & M ic h 1st 4s 1 9 9 0 --A & O 100% 2d m tg e g o ld 5s 1 92 7 ___J& J E q tr 6s 1927-35 (y r )_ J & J 1 5 6 5 .3 0 % 5 .1 0 % 97% 96 K a n a w h a & W Va 5s 1955 J & J T o le d o P e o ria & W e ste rn — 20 .... 1st g o ld 4s J u ly 1 1 91 7 ____ J & J / T o le d o St L o u is & W e ste rn — 90% 91 1st g o ld 4s A p r 1 1 9 5 0 ___ A & O 93% T o l T e r m 1st 4 % s '57 g u . . M & N 93 T o l W alh V al & O — See P en n R R T o r o n t o H a m ilto n & B u ffa lo — 90 90% 1st g o ld 4s J u n e 1 1 94 6 ___ J & D 63% 64 U lster & D e l c o n s 5s 1 928___ J & D 41 40 1st r e f g o ld 4s 1 95 2 _______ A & O U n io n P a c ific — 95% 95% 1st r y & la n d gr 4 s g 1 9 4 7 --J & J 99% 99% C o n v 4s 1 92 7 ____ - _______ J & J 92% 91% 1st & r e f 4s J u n e 2 0 0 8 ____ M & S 110% 108% 1st & r e f 5s J u n e 2 2 0 0 8 ___ M & S 102 1 01% 1 0-y e a r 6s J u ly 1 9 2 8 - - . .J & J E q t r 4 % s 1 928-38 ( y r ) - . . M & N 6 4 .7 5 % 4 .6 0 % E q 4 % s M a r 15 '2 9 -’3 9 -M & S 1 5 6 4 .7 5 % 4 .6 0 % E q u ip tr 5s 192 7 -'3 7 ( y r ) . -M & S 6 4 .7 5 % 4 .6 0 % E q u ip tr 7s 1 92 7 -’35 ( y r ) . . J & D 6 4 .8 0 % 4 .7 0 % O re R R & N a v — See O re -W a s h 107% 108 O re S h o rt L in e 1st 5s 1 9 4 6 .J & J 107% 107% 1st c o n s gu ar 5s 1 9 4 6 ___ J& J 98% 98% R e f g gu 4s '2 9 o p t '0 7 . -J & D U ta h & N o r th e r n — 98% 1st 7s '0 8 e x t a t 4 % t o '3 3 J & J 97% U n ion T e rm in a l C o (D a lla s )— 1st g 5s 1942 o p t 1 92 2 ____ A & O 100% 101% U n ite d N J R R & C a n a l C o — 98 G en e ra l g o ld 4s 1 92 9 ______M & S 94 G en e ra l g o ld 4s 1 94 4 ______M & S 82% G e n 1st g 3 % s M a r 1 '5 1 - -M & S U p p e r C o o s — See M a in e C e n tra l U tah & N o r th e r n — See U n io n P a c U tica C lin & B in g— See D e l & H V an dalia R R — ___ C o n g 4s 1955 series A ____ F & A 92% Series B 1 95 7 ___________ M & N 92% V era C r u z & P a c ific R R — ____ 1st g o ld 4 % s 1934 o p t ______J& J / — . J u ly 1914 c o u p o n o n ________ / 24% 24 1st g o ld 4 % s 1934 a s s e n tin g ___ f ____ 87 V e rm o n t V ail 1st 4 % s 194 0 - A & O V ick sb u rg S h re v e p o rt & P a cific— 101 P r lien 6 s '1 5 e x t 5 % '4 0 - M & N G e n 5s M a y 1 1 94 1 _______M & N 99 R e f & im p t 6s 1973 ser A .M & N 106% 107% V irgin ia M id la n d — See S ou th R y Va & S o u th w e s t— See S o u th R y V irginian R a ilw a y — 103% 1st M g o ld 5s 1962 o p t ___ M & N 103 E q 6 s A A p r '2 7 -A p r ’3 0 (s -a ) A & O 6 5 % 4 .7 5 % 103 W a b a sh — 1st g o ld 5s 1 9 3 9 - -M & N 108 102 2 d g o ld 5s 1 9 3 9 ................ . . F & A 101% ___ D e b m tg e 6s series B 1 9 3 9 -J & J / 1st lien term g o ld 4s 1 95 4 - J& J 86% R e f & gen 5 % s 1975 A ____ M & S 104% 101% R e f & gen 5s 1976 ser B . - F & A 99% 99% E q tr 6s 1 92 7 -’35 (y e a r) .J & J 15 6 5 % 5 .1 5 % D e t & C h ic e x t 1st g 5s '41 - J & J 101 105 D e s M D iv 1st g 4s 1 9 3 9 - -J & J 89% K C E x ce ls io r S pgs & N W — 1st 4s 1 9 2 8 -_____________ J& J 97 T o le d o & C h ic 4s g 1 9 4 1 -.M & S 91% 90% O m a h a D i v 1st 3 % s g '4 1 - A & O 84% W a c o & N W — See H o u s & T e x C W arren R R — See D L & W W ash & C o lu m R iv 4s 1 9 3 5 --J & J W a s h in g to n C e n t — See N o r P a c W ash C o R y — See M a in e C e n tra l W a s h T e r m C o — 3 % s 1 9 4 5 --F & A 86% 85% 1st g o ld 4s 1945 g u a r _____ F & A 92% W a s h in g to n & V an d em ere— 1st 4 % s 1 9 4 7 - . ............. ......... F & A 96 97% W e a t h 'd M in W & N — See T e x & P W e st J ersey & Sea S hore— C o n s o l g o ld 4s 1 9 3 6 - ____ J& J 95 C o n s 3 % s g series B 1936 -J & J 91 W e st M a r y la n d 4s 1952 ____ A & O 79% 79% 5 % g o ld n o te s 1915 o p t . - J& J B a lt & H a rris g 5s 1936 M&N 99 1st M W e s t E x t g 5s '3 8 M & N W e s t N Y & P e n n a 5s 1937 -J & J 102 101% G e n m tg e g o ld 4s 1 943____ A & O 89 88 I n c o m e g 5s A p r 1 94 3 ____ N o v 1 / ____ W e ste rn P a c ific R R C o r p — 1st M 5s 1946 series A ____ M&S 99% 99% 1st M 6s 1946 series B ____ M&S 103% 1 03 % 4 % n o te s 1 9 3 0 ____________ A & O 95% 95 X E q t r 5 % s 1927-38 ( y r ) . . . J & D 6 5 .1 0 % 4 .8 0 % W e ste rn P a — 1st g 4s 1928 -J & D 99 98 W e st R y o f A la — 4 % s 1918 e x t at 6 % t o O c t. 1 1 9 2 8 -............A & O W e s t S hore— See N Y O & H R R R W e st S id e B e it— See P itts T e r m W e st V a & P it ts b — See B & O __ {In London, Bid. B o n d s a n d S to ck s. W h eelin g & L a k e E rie R R — 1st c o n s o l g o ld 4s 1 9 4 9 ____ M & S 87% R e f M 4 % s series A 1 9 6 6 -M & S 90% E q tr 4s 1927 ( y e a r ) ______ A & O 4 .7 5 W h e e lin g D i v 1st g 5s '2 8 - -J & J 99% E x t e n & im p t g 5s 1 93 0 ___ F & A 100 h e e lin g T e r m 4s 1 9 4 0 _____F & A 91 W ic h ita F a lls & N o r th w e s te r n — 1st 5 s, Jan 1 9 3 9 ____________ J& J 140 1st & r e f g 5s 1940 o p t ____ J & J 140 ich ita U n io n T e r m in a l R y — 1st g g u 4 % s 1941 o p t ___ M & N 95 ilk e s-B & E a s t— See N Y S & W W illia m s p o rt & N B r a n c h R R l s t r e f g o ld 4 % s 1 9 3 1 -_____J& J f W ilm a r & S F alls— See St P M & M W e ld o n — See A t l C o a s t L W in sto n -S a le m S o u th b o u n d — 1st g o ld gu ar 4s 1 96 0 _____ J& J in s to n -S a le m T e r m in a l C o — 1st M g o ld 5s 1 96 6 ________A & O W is C e n t R y — 1st M g 4s '4 9 J& J 1st & r e f 4 s 1 95 9 ........ ........... A & O 5 % n o te s 1 93 0 _____________ J M a r s h fie ld & S o u th E a s t D i v p u r m o n 1st g 4s 1 9 5 1 .-M & N S up & D u l D iv 4s 1 9 3 6 . - -M & N M in n e a p T e r m 3 % s '5 0 o p t J& J W or N a sh u a & R o c h 4 -5 s 1 94 5 . 4s O c t 1 1 9 3 4 ______________ A & O 86 % 83% 74 99 83 90% 72 91 97 88% 84 74% 100 91 65 60 % 180 175 2 30 187 Id 72 99 B a lt & O h io — C o m m o n _______ 100 109% P r e f e r r e d ____________________ 100 74 an gor A r o o s t o o k c o m m o n ___ 50 d 51 P r e f e r r e d ____________________ 100 106 d 41 B o sto n & M a in e c o m ( s t p d )-.lO O 51% P re fe r re d u n sta m p e d - ........... 100 56% 1st p re fe rre d A u n s ta m p e d -1 0 0 79% 1st p re fe rr e d B u n s t a m p e d . 100 122 1st p re fe rre d O u n s t a m p e d -100 105 1st p re fe rr e d D u n s t a m p e d -1 0 0 155 1st p re fe rre d E u n s t a m p e d -1 0 0 ____ Boat & P r o v (gu ar O ld C o l ) . . . 1 0 0 198 B oston R e v B e a c h & L y n n ___ 100 ____ B runsw ick T e r & R y S ec C o . .1 0 0 11 B uffalo R o c h & P it ts b u r g h ___ 100 81 97 P r e f e r r e d ____________________ 100 B uff & S usq R R O o r p __________ 100 41 P r e f e r r e d ____________________ 100 _____ J a m d e n & B u rl C o (g u a r )____ 2 5 d 29 O anada S o u t h e r n ______________ 100 59 C an ad ia n P a c ific _______________ 100 170 P r e f e r r e d .................... ................lO O id 77 C a r o C lln c h fie ld & O h lo c o m 3 % 100 84 % C o m m o n s ta m p e d 5 % ______ 100 99 O ataw issa R R — 1st p r e f (g u a r ) 50 44% 2 d p r e f (gu ar P & R ) __________ 60 44 J a y u g a & S usq (gu D L & W ) _ 30 47 Jentral o f N e w J e r s e y _________ 100 285 C h esapeake & O h io c o m m o n . . 100 155% C o m m o n c t fs o f d e p o s it ____ 100 6 % % c u m p r e f Ser A _______ 100 6 % % p r e f c tfs o f d e p o s it ___ 100 Ih lca g o & A lto n R R __________ 100 6% C e rtifica te s o f d e p o s it _________ P r e f e r r e d _____________________10C 16’ C e r tific a te s o f d e p o s it _______ C hicago B u rl & Q u in c y _______ 100 210' Ohic & E a s t Illin o is c o m m o n . 100 30 P r e f e r r e d _____________________100 46 C hicago G r e a t W e s t c o m ______ 100 9% P r e f e r r e d _____________________100 25% J h ic I n d & L o u is v c o m m o n ___ 100 P r e f e r r e d _____________________100 70% C h ica go M ilw & St P a u l co m _ 1 0 ( 10% C o m m o n c tfs o f d e p o s it ____ 100 10% P r e f e r r e d _____________________100 19% P referred c tfs o f d e p o s it ____ 100 19% Chicago & N o r t h W e s t e r n ___ 100 80 P r e f e r r e d ____________________ 100 128 Jhic R I & P a c ific c o m m o n ___ 100 74% 7 % p r e fe r r e d ________________ 100 105% 6 % p r e fe r r e d _________________100 96% 100 55 100 100 J in c I n d ia n a p & W e s t e r n ____ 100 P r e f e r r e d ____________________ 100 100 355 P re fe r re d 100 103% 50 d 6 2 % J le v e C in e C h ic a g o & St L ___ 100 261 100 103% 50 d 74 50 d 4 2 % 100 90 100 73 100 68 50 d 93 C o n n & P ass R iv p r e f . 100 91 C o n s o l R R s o f C u b a co i - ( t) d 35 P r e f e r r e d ____________ 100 70% 100 3% P re fe rre d 19 100 79 50 d 37 50 d 86 100 160 100 173 50 d 141 25 d 4 0 % D e n v & R io G r W p r e f. 100 48% .100 78% 100 34 P re fe r re d 100 55 (u lu th S o u t .100 2% P re fe r re d .100 4 m Dollars per 500 francs or £20. n Nominal. 100% 86 R A IL R O A D S T O C K S . Par l a G r e a t S o u th e rn c o m __ — 50 d 117 P re fe r re d _________________ — 50 d 117 118 209 108 an A r b o r c o m m o n ___________ lOO 44% P r e f e r r e d ____________________ 100 69% 161% P r e f e r r e d ____________________ 100 100 % A tla n & C h a r A ir L (g u a r )____ 100 ta & W e s t P o i n t ________ 100 88 92% 4 .5 0 % $Sale price. 119 119 120 2 15 111 48 164% 100% 184* 185 2 34 188 76 101 109% 74% 51% 106% 42 182 52 11% 83 103 48% 42 31 60 170% 79 85% 100 45% 45% 49 2 90 155% 7 16% 32 46% 10 % 26% 75" 10 % 10 % 20% 20 % 80% 130 75 106 60 3 75 3 00 104% 75 44% 90% 75 73 96 45 70% 4% 21 84% 174 141% 41% 49 60 5 7 F e b ., 1927.] Ba ILBOAD s t o c k s —l a n d b a n k b o n d s AND STOCKS NOTICE.—All bond prlcea are “and interest” except where marked * f” and income and defaulted bonds. S to ck s. Par. Bid Ask. 61 E a s t P en n a (gu ar P & R ) ______50 d 59 43 E lm ira & W 'm s p o r t (g u a r )___ 50 d 40 P refer red (gu ar N o r C e n t ) . 50 d 57 43” B rie— C o m m o n _________________ 100 42 54 ------C o m m o n ctfs o f d e p o s it ____ 100 1st p referr ed _________________ 100 5634 5654 1st p r e f c tfs o f d e p o s it ______100 ------5154 2 d p referr ed __________ 100 51 2 d p r e f c t f o f d e p o s it _______ 100j ------8 l” Brie & K a la m a z o o (g u a r )______50 d 79 Brie & P itts (gu ar P a U R ) ____ 50 d 63 6454 8 F on d a J oh n s & G lo v c o m _____ 100 6 64 P r e fe r r e d _____________________100 61 5 ------Ft D o d g e D es M & So c o m ___ 100 11 P r e f e r r e d ____________________ 100 9 111 F t W a y n e & J a c k p r e f ( g u a r ) . 100 109 212 G eorgia R R & B a n k O o ( g u ) — 100 210 G eorgia S ou th ern & F l o r i d a . . 100 140 96” 92 1st p referr ed _________________ 100 175 2 d p r e fe rr e d __________________ 100 140 86 G reat N o rth e rn R y — P r e f _____ 100 85*4 O re c e r tific a te s _______ (no par) d 2 2 A 2254 88 G reen B a y & W e s te r n _________100 83 43 G u lf M o b ile & N o r t h c o m _____ 100 4243 107 P r e f e r r e d ____________________ 100 106 31 H a rtfo rd & C o n n W e s te r n ____ 100 30 219 H o ck in g V a lle y — C o m m o n ___ 100 205 C e rtifica te s o f d e p o s it ______100 ------44” H u d son & M a n h a t t a n _________100 43 54 P r e f e r r e d ____________________ 100 80 34 8154 H u n tin g d & B r o a d T o p v t c . _ 50 d ____ P refer red v t c _______________ 50 d ______ Illin ois C e n tr a l_________________100 122 A 123 125 N o n -c u m u l 6 % p r e f S er A _ . 100 123 81 79 L ea sed lines (g u a r )__________ 100 S tk tr c t fs — See R R Secure C o . In t & G r e a t N o r t h R y v t c ___ 100 ------In te rn a l R y s (C e n t A m ) c o m . 100 1846 2654 6t P r e fe r r e d ______________________100 6254 Io w a C e n tr a l____________________100 1A 254 J oliet & C h ic (gu ar C & A ) . . . 100 135 K a l A llegan & G r R a p ( g u ) ___ 100 104 K C F t S c o t t & M e m p h is R y — P ref C ent T r c t f dep s tp d --1 0 0 75 K O St L & C h ic — P r e f ( g u ) . . 100 106 100 45 K ansas C it y S o u th e r n _________100 44 A 67 P r e fe r r e d _____________________ 100 65 A 82 84 L a ck a w a n n a R R o f N J 100 L ehigh V a lle y _________________ 60 d 11854 119 P r e fe r r e d ______________________ 50 60 d 100 L ittle M ia m i o rig in a l g u a r — 60 50 d 93 __ S pec gu ar b e tte r m e n t s t k - - 50 d 43 __ 43 L it S ch u y l N a v R R & C o a l (gu l 50 d 41 L ou is & M o R iv p r e f ( g u a r ) . .1100 00 105 115 L ou isv H en d & St L c o m _____100 100 200 175 88 91 P r e fe r r e d ______________ 100 131 L o u is v ille & N a s h v ille _____ . . . 1100 00 13034 M a h o n in g C o a l R R ___________ 50 d 900 52 P r e f (gu ar L S & M S ) ______ 5050d d 49 62 63 M a in e C e n tr a l__________________ 100 100 77 P r e fe r r e d ______________ 8154 1600 M ich ig a n C e n tr a l______________ 100 1000 54 M in eh ill & S ch u y i H a v ( g u ) _ . 50 d 53 M in n e a p o lis & St L o u is _______ 100 254 254 29 32 M in n ea p olis St P & S S M ___ 100 49 53 P r e fe r r e d _____________________ 100 4 % lea sed line c t f s ----------------100 62 61 100 M ississippi C e n tr a l_____________100 M o -K a n -T e x R R c o m . . ( n o p a r) d 345-6 35 98 P r e fe r r e d ______________________100 9746 42 M issou ri P a c ific c o m ___________100 4154 95 P r e fe r r e d ______________________100 94 A M o b ile & B irm p r e f (g u a r )_____ 100 78 A 80 M o b ile & O h io — See S ou th ern R y 81 M o r ris & E ssex (g u a r )_________ 50 d 80 180 N a s h v C h a tt & St L o u is _______100 160 40 N a sh v & D e c a tu r (gu L & N ) . 25 d 38 5 N a tio n a l R y s o f M e x 1st p r e f . 100 4 2 S e co n d p re fe r r e d _____________ 100 154 N ew L o n d o n N o r t h e r n ________ 100 132 N e w O rleans G r e a t N o r t h _____100 126 N e w O rl T e x a s & M e x i c o _____100 123 N Y B k ln & M a n B p r e f ( g u ) . 100 120 N e w Y o r k C en tra l R R ________ 100 14054 14556 D iv id e n d p a y a b le in L o n d o n . . M 145 147 190 N Y C h ic & St L ou is c o m ____ 100 189 C o m m o n c tfs o f d e p o s it_____lOO 1 04 ” 6 % p re fe rr e d _________________ 100 103 6 % p r e f ctfs o f d e p o s it ______ 100 N Y & H a rlem c o m ( g u ) _______ 50 d 172 17956 P r e fe r r e d . 191 .5 0 16854 100 105 106 100 4754 4754 100 N Y O n ta rio & W e s te r n . 27 A 2654 100 3754 3954 100 15734 15754i 100 86 8354 100 140 82 50 d 8 1 A 100 9554 100 82 8234 67 70 100 d 130 135 50 d 83 100 128 100 d 82 100 127 130 100 Id115 119 50 d 8934 62 P a ter son & H u d s o n R iv e r . 50 d 59 P en n sy lv a n ia R R _________ 50 d 5834 5854 10(1 123 119 P eoria & E a s te r n _________ 100 23 2034 P ere M a r q u e tte R y c o m . 100 12134 12134 100 100 9134 9154 100 P rior p re fe rr e d . 100 9554 9534 100 P h ila G erm & N orris (g u a r ). 60 d 123 100 211 50 d 31 33 50 d 61 100 98 100 142 145 100 149 151 50 172 170 50 d 51 100 130 13034 100 145 P r o v & W orce s te r (g u a r ). 100 — 170 R a ilr o a d Securities C o — 4 % 111 C e n t s tk c t f 1952 000 76 75 R e a d in g C o m p a n y _______ 50 d 98 9834 1st p re fe rr e d ___________ 6(1 d 41 42 2 d p r e fe r r e d ____________ 50 d 4434 4534 100 131 134 100 290 100 2 90 297 100 290 ____ 10 0 290 6 B asis, d P r ic e p er s h a re , n o t p e r c e n t. x E x -d iv id e n d , u E x -r ig h ts . B on d s a n d S to ck s. Par. R o c h & G e n esee V a l R R ______100 R o m e & C lin to n (gu D & H ) _ _ 100 R u tla n d p r e fe r r e d ______________ 100 St L o u is B rid g e 1st p r e f_______ 100 2 d p r e fe r r e d _________________ -100 St L o u is -S a n F ra n c is co R y ___ 100 P r e f s to c k series A __________ 100 St L o u is S o u th w e s te r n _________ 100 P r e fe r r e d _____________________ 100 S arato ga & S c h e n e c ta d y (gu ) .1 0 0 S e ab o a rd A ir L in e c o m m o n ___ 100 P r e fe r r e d _____________________ 100 S h a r o n ___________________________ 50 S o u th e rn P a c ific C o ___________ 100 S o u th e rn R y c o m m o n _________ 100 P r e fe r r e d _____________________ 100 M o b & O h io s tk tr c t f s ____ 100 S ou th w e ste rn o f G a (g u a r )___ 100 T e x a s & P a c if ic _________________100 T r o y & G r ’ bush (gu N Y O ) . . 50 T u n n e l R R o f St L o u is _______ 100 U n io n P a cific— C o m m o n ______100 P r e fe r r e d _____________________ 100 U nited N J R R & C an al (g u )-1 0 0 U tica C h en & Susq V ai (g u )_ 1 0 0 U tica C lin to n & B in g h a m t o n . 100 V alley R R (N Y ) (g u a r )______100 V e rm o n t A M a ss (g u a r )_____ 100 V ic k sb S h rev ep & P a c c o m ___ 100 P r e f e r r e d _____________________100 V irgin ia n R a ilw a y _____________100 W a b a sh R a ilw a y _______________ 100 P referred A __________________ 100 P referred B __________________ 100 W arre n N J (gu ar D L & W ) . _ 50 W e ste rn M a r y la n d R y c o m . . 100 1st p r e fe rr e d _________________100 2d p r e fe r r e d __________________ 100 W e ste rn P a c ific R R O o r p ____ 100 P r e f e r r e d _____________________100 W e st Jersey & Sea Sh— C o m . . 50 W h e e lin g & L a k e E rie R y ____ 100 P rio r lien s to c k 7 % _________ 100 P r e f e r r e d ____________________ 100 Bid. 98 95 5234 117 57 10334 96 64 79 100 3554 40 A d 44 1 0 7 34 122 74 94 54 80 100 55 A d 60 117 161 81 209 12134 42 10054 114 9834 99 54 4554 7954 73 d 6934 2654 100 29 54 2954 75 d 40 62 165 64 J O IN T S T O C K L A N D BA N K B O A g ricu ltu ra l— 5s ’53 o p '3 3 -M & N 10054 A tla n ta — 5s 1952 o p 1 9 3 2 . .J & D 100 5s 1955 o p t 1 935..............— M & N 101 101 5s 1956 o p t 1936__________ M & S A tla n t ic — 5s 1953 o p 1 9 3 3 .-M & S 100 100 5s 1952 o p t 1 932 ___________ M&S 5s 1954 o p 1 93 4 ................ _ . . J & J 100 100 5s 1955 o p t 1 935__________ J & D 94 B an k ers— 6s ’ 53 o p ’2 8 ____ J& J 5s M a y 1952 o p 1 93 2 ____ M & N 94 91 454s 1955 o p t 1 935_________J& J C a lifo rn ia — 5s 1951 o p 1 9 3 1 .M & N 99 C e n tra l 111— 5s ’53 o p '3 3 . — J & D 100 5s J u ly 1 1953 o p 1 9 3 3 . . .J & J 100 98 C e n tra l I o w a — 5s 1953 o p '3 3 A & O 5s M a y 1 1942 o p 1 9 2 7 . . M & N 98 454s N o v 1 '5 2 o p ’3 2 ____ M & N 95 C h ic a g o J o in t 5 56s 51 o p ’3 1 M & N 10134 5s 1951 o p 1 93 1 .....................M & N 99 5s 1952 o p 1 9 3 2 ...................M & N 99 5s 1963 o p 1 9 3 3 ................. .M & N 99 454s 1952 o p 1 93 2 ................M & N 98 454s 1963 o p 1 9 3 3 ........... .M & N 98 454s 1952 o p 1 93 2 ______ M & N 96 454s 1964 o p t 1 93 4 ............. M & N 96 454s 1965 o p 1935 __________ A & O 96 C o lo - W y o 5s ’53 o p '3 3 ____ A & O 99 C o lu m b u s 6s 1955 o p t 1 93 5 ___I&J 10054 D a llas— 5s 1953 o p 1 9 3 3 . . . M & S 100 54 5s 1954 o p t 1 9 3 L .......................... 100 54 5s 1963 o p t 1 933 .............................. 10054 5s 1965 o p t 1 93 5 ...................... J & J 101 5s 1966 o p t 1 9 3 6 . . ................ J& J 10134 5s 1966 o p t 1 93 6 .................. A & O 101 554s 1951 o p 1 931................ M & N 10154 D a y to n -A g r ic 5s '54 o p '3 4 ___ J& J 100 D e n v e r — 5s 1954 o p t 1 9 3 4 .-J & D 10054 5s 1955 o p t 1 93 5 .....................F & A 101 5s 1956 o p t 1 936__________ F & A 101 D e s M o in e s — 5s '5 2 o p t ’3 2 .M & N 98 5s 1963 o p t 1 93 3 ................ .M & N 98 F irst O a rolin a s— 5s’5 2 o p ’3 2 .M & N 9954 5s 1954 o p t 1 934 ................ A & O 9954 5s 1955 o p t 1 93 5 ...................-J & J 9934 F irst o f C h e y — 5s’ 52 o p ’3 2 M & N 10054 F irst o f O le v — 5s '5 3 o p ’3 3 .M & N 100 F irst o f M in n — 5s '51 o p ’31 M & N 93 5s 1952 o p t 1 92 7 ..............M & N 93 5s 1952 o p t 1 932 ..............M & N 93 5s 1953 o p t 1 933 ..............M & N 93 514s 1951 o p t 1 93 1 _______M & N 95 First o f M o n tg o m e r y 5s ’ 54 o p ’34 10034 5s 1966 o p t 1 93 6 __________ A & O 101 F irst N e w O rl 5s ’44 o p '3 4 M & N 10034 10054 F irst T e x a s — 5s ’42 o p t ’3 2 .M & N 5s 1943 o p t 1 93 3 ................M & N 10054 5s 1965 o p t 1 9 3 5 ___________ M &S 100M 5s 1966 o p t 1 93 6 __________ A & O 101 F le tch e r 434 s 1954 o p t 1934 M & N 9954 4 A s 1955 o p t 1 9 3 5 ............M & N 9954 F re m o n t— 5s 1953 o p t '3 3 - J & D 99 5s 1952 o p t 1 9 3 2 ................M & N 99 4 A s 1965 o p t 1 93 5 _______ J & D 9834 G r e e n sb o ro (N O ) 5 s ’53 o p ’33 A & O 10054 G re e n b rie r 5s 1964 o p t 1 9 3 4 .A & O 100 5s 1965 o p t 1 93 5 ...................... J& J 100 I ll-M id w e s t — 5s '5 3 o p ’3 3 . A & 0 102 5s 1954 o p t 1 93 4 ............. .J & D 10234 5s 1955 o p t 1935 — ............. M & N 10234 4 A s 1956 o p t 1 93 6 _______ M & N 98 I o w a 4 A s 1955 o p t 1 935____ A & O 98 K a n sa s C it y — 5s ’ 52 o p ’3 2 .M & N 98 5s 1953 o p t 1 923 ................ M & N 98 5s 1954 o p t 1 934.....................F & A 98 5s 1964 o p t 1 934 ................ M & N 98 5s 1964 o p t 1 9 3 4 ................. M & N 98 4 A s 1965 o p t 1 93 5 _______ A & O 95 K e n t u c k y — 5s 52 o p t '3 2 ___ M & N 10154 5s 1943 o p t 1 92 8 .....................F & A 100 5s 1954 o p t 1 934_________J& J 10234 L ib e r ty C e n t— 5s '52 o p ’3 2 .M & N 98 5s 1953 o p t 1 933__________ M & N 98 L in c o ln — 5s 1951 o p t 1 9 3 1 . M & N 9954 5s 1943 o p t 1 928 ................ M & N 9934 5s 1942 o p t 1 92 7 ................M & N 9934 4 A s 1965 o p t 1 93 5 ............. .J & J 9854 4 ) 4 s 1966 o p t 1 9 3 6 ________ J&J 99 L o u isville— 5s 1952 o p t 1 93 2 M & N 101 M a r y la n d -V a 5s '5 5 o p t '3 5 .M & N 10134 5s 1956 o p t 1 936__________ J & D 10134 N e w Y o r k 5s 1953 o p t 1 9 3 3 . J& J 10034 5s 1955 o p t 1 93 5 .....................J& J 101 5s 1956 o p t 1 9 3 6 ................ .M & N 101 / F la t p r ic e . k L a s t s a le . 1“ L o n d o n , Ask. .... 1 B o n d s a n d S to ck s. N Y & N J 5s 1953 o p t '3 3 - .J & D 5s 19.54 o p t 1 934_________ M & N 10 6 5s 1955 o p t 1 93 5 ________ J & D 53 5s 19 >6 o p t 1 9 8 6 ___ ___J & O 119 N Y & P a — 5s '5 3 o p t ’ 33 — -J & J 59 10354 No C a r o — 5s '53 o p t '3 3 _____M & S 5s 1952 o p t 1 9 3 2 . ............. M & N 97 5s 1955 o p t 1 93 5 _________F & A 6454 Ohio— 5s 1953 o p t 1 9 3 3 - — M & N 81 O h io -P e n n a 5s 1954 o p t 1 9 3 4 . J& J 3554 O r e -W a s h — 5s '5 2 o p t '3 2 . -M & N P a cific C o a s t Jt S tk L a n d B k — 41 P o rtla n d . O re— 5 s '5 3 o p ’33 J& J 5s 1954 o p t 1 934 ______M & N 108 5s 1955 o p t 1 9 3 5 _______ M & N 123 5s 1956 o p t 1 93 6 _________J& J 9454 L os A ngeles— 5s '53 o p '33 J& J San F ra n — 5s '53 o p t '3 3 ___J& J 102 San Fran 5s '54 o p t 3 4 . . M &S 5654 Salt L ake O — 5s '53 o p '3 3 . J& J P e n n sy lv a n ia 5s '5 5 o p t '3 5 - F & A 119 16234 5s 1966 o p t 1 9 3 6 __________A & O P o t o m a c 5s 1954 o p t 1 9 3 4 ..J & D 82 5s 1956 o p t 1 9 3 6 ___________ J & D 21054 St L o u is — 5s 1953 o p t ’3 3 . - J & D 44 | 5s 1952 o p t 1 93 2 ...............M & N 5s 1943 o p t 1 928_________J & D 5s 1955 o p t 1935 M &S 116 j 4 A s 1956 o p t 1936 _________J & J 100 101 1 San A n to n io 5s '53 o p t ’33 M & N 5s 1953 o p t 1 9 3 3 ................M & N 5s 1954 o p t 1934 _________M & N 4554 5s 1956 o p t 1 9 3 6 ___________ J& J 7954 75 i S h e n a n d o a h Val 5s ’4 5 o p ’35 J & D 71 ! S o u th M in n — 5s '53 o p '3 3 . M & N 5s 1952 o p t 1 9 3 2 ........... .. M & N 2654 110 | 5s 1964 o p t 1 934__________ M & N 3054 S o u th w e s t 5s 1956 o p t 1936 M & N 3054 U n io n (D e t r o it )5 s ’ 5 5 o p t ’ 3 5 M & N 5s 1956 o p t 1 93 6 ____________ J& J 7554 42 1 4 A s 1955 o p t 1935_________ J & J 4 A s 1956 opt. 1 9 3 6 __________ l& J 6254 U n io n (K e n tu c k y & T e n n e ss e e )— I 169 5s 1952 o p t 1 93 2 ________ M * N I 6454 V irgln ia -O a ro 5s '54 o p t '3 4 F & A NDS 5s 1956 o p t 1936 - . _______ F & A V irgin ia n — 5s '53 o . t :- 3 ..M & .s 102 5a N o v 1 l o s t Pt 1 93 1 — M<sN 101 102 W ich it; — 5s 1953 o p t 1 9 3 3 . F cAI 102 5s 1952 o p t t *32 f& D STOCKS Par 102 34 ________ 10234 A t an lc 8 ____ 10254 B a n k e rs o f M ilw a u k e e ______ 100 100 10214 C h ic a g o 6 % _ ............ 9654 D a li ts 1 0 % ____________________ 100 9654 jJeu ver 6 % ___________________ . D e s M o i n e s __________________ 100 93 101 |F irst O a rolin a s 8 % _______ _________ 102 1 102 | K ansas C i t y ___ _______________ 100 L in c o ln 8 % ____________________ 100 100 10 0 1 N e w Y o r k _______________________ 10 97 ! N e w Y o r k & N . J _____________ 10J 10354 N o r t h C a r o lin a 8 % _____________ San A n to n io 8 % _______________ 101 S o u th M i n n e s o t a ______________ 100 101 V irginia 8 % . .5 101 REAL ESTATE BO N DS. 100 A lle r to n C le v e B ld g 6 A s 1 94 5 ___ 101 A lle r to n 55th St C o r p ( N Y ) 5 A s ' 45 99 B e lm o n t B ld g ( N Y ) 634s '4 4 .F & A 99 B iltm o r e -O o m m o d o r e 7 b '3 4 . M&S 99 101 B in g & B in g d e b 634s 1 9 5 0 . M &S B r o a d w a y B ld g ( N Y ) 5 A s 1 9 5 0 . 102 B w a y M o t B ld g (N Y ) 6 s ’4 8 .F & A 102 B r y a n t P k B ld g ( N Y ) 6 j4 s ’45J& J 102 10254 B u sh T e rm B ld g 1st 5s I 9 6 0 .A & O C h e s e b r o u g h B ld g 6s 1 9 4 8 . . A & O 103 10354 C h ic B each H otel 6s 1 94 1 ____ 1&D C o u r t Sq B ld g ( N Y ) 6s '5 8 . .M & N 103 10354 D e t r o it H o te l 6 A s 1 9 2 9 -4 1 -M & S D e t M e t r o p B ld g 6 34s 1 9 4 0 .M & S 102 103 E d g e w B c h H o te l (C h ic) 6s ’ 2 7 -'4 0 103 E p p le y H o te ls 6 34s 1 94 1 _____ J& J 103 54 E q u it O ffic e B ld g (N Y ) 5s 1 9 5 2 .. F erry Sta P O (San F r) 6s 1934 — 100 50 B w a y B ld g (N Y ) 6s '4 6 . M &S 100 G a rr e tt B ld g (C h ic ) 554s 1 927-40 101 G r e e le y Sq B ld g 6s 1 9 5 0 ____ F & A 101 H a rrim a n B ld g 6s 1 95 8 ___ J& J 101 10254 Jew elers B ld g (C h ic ) 7s '4 0 . J & D L a k e Sh A th C lu b (C h ic ) 634 s '45 102 L a Salle H o te l 5 A s 1 9 4 0 _________ 97 L o e w ’s N e w B rd P r o p 6 s’ 4 5 .J & D 97 L o n d G u & A c e B ld g (C h ic ) 6s '62 97 L o rd s C o u r t B ld g 5 A s 1 9 4 2 .J & D 97 M a c k T ru ck s R E S ec 6s 1 9 2 7 -4 0 . 100 10254 M a d Sq G a rd en 1st 7s 1 9 4 5 .M & N 103 M a s te r P rin te rs B ld g 634s '4 6 .J& J 10254 M o r r is o n H o t e l (C h ic ) 6 A s ’ 39 A & O 1 0 2 ‘4 M u n s o n B ld g ( N Y ) 6 3 4 s '3 9 .M & N 10254 N a t P ress B ld g (W a s h , D C ) 6s'59 10254 O n e E 5 5 th St C o r p 6 34s '4 5 . J& D 103 O n e -s ix ty fiv e B r o a d w a y B id 5 A s 1 9 5 1 __________________ F & A 10054 10154 O n e -S e v e n ty B w a y ( N Y ) 6 A s '4 9 10054 P a la c e H o te K S an F r) 5s '4 5 .F & A 10054 P a ra m B w a y C o r p 534s’ 5 1 . .J & J 99 !4 P a rk L e x in g to n C o 6 A s '5 3 .. J & J 1 0 2 1 4 P a rk R o w B ld g 6s 1 94 3 ______A & O 10234 P en n sy lv a n ia B ld g 6s 1 939- M & N 102 54 P la za O ffic e B ld g 1st 6 34s '4 6 M & N 10354 P o s tu m B ld g QAs 1 94 3 ____ M & N 10354 Q u in cy S ta tio n P O (C h ic ) 6s 1941 R e a lt y A s s o c S ec C o r p 6s '3 7 .J & J 104 R o o s e v e lt H o te l 7s 1 9 4 3 ____ J & D 100 S t C h arles H o te l (A tl C y ) 6 A s '45 101 8 a v o y -P la z a C o r p 6s 1 9 4 5 .-J & D 100 S ch u lte R E E sta te 6s 1 9 3 5 .J & D 100 S e v illa -B ilt H o te l 7 34s’3 7 — M & N 100 Shelbu rn ,l n c ( A t l C y ) 6 A s ’40 - J& J 100 S h u b ert T h e a t 7s '3 4 (w ith w a r r ). 100 S ix ty -O n e B w a y 5 A s 1 95 0 — A & O 98 G en m tg e 7s 1 9 4 5 _______________ 10354 101 S ta n le y R e a l E s t 5 A s ’ 4 5 — J & D 10354 S ta te R a n d o lp h B id 6 34 s’37 M & S S teven s H o te l (C h ic ) 6s 1 9 4 5 -J& J 100 T a f t R e a lt y (N e w H a y ) 6 s '4 0 A & 0 100 10054 T r a n s p ’n B ld g (C h ic )6 3 4 s ’4 1 M & N 10054 T r in it y B ld g 5 A s 1 939 ______J & D 10054 T y le r B ld g 6s 1 9 5 3 __________ A & O 9954! U n M a s o n ic T e m p (C h ) 634s 1949 10 0 1 V an S w eringen C o 6s 1 9 3 5 .-F & A 103 1 V a r lc k St Sta P O (N Y ) 6s 1941 103 541 W a b -M o n r o e B ld g (C h ic) 634s ’ 45 10354 W a d s w o r th B ld g (N Y )6 s ’ 5 3 . A & 0 103 341 W a r d m a n P a rk H o te l 5 A s 1 9 4 1 .. 103 34 W as h in g to n B ld g 6s 1 9 4 0 ___ J & D W h ite M o t o r R e a lt y 6s 1 9 2 7 -4 0 — 104 W o o d b r id g e B ld g 6 A » '4 1 . .A & O n N o m in a l, s Sale p r ic e . 1 N ew s to c k , 35 Bid. Ask. 101 101 A 101A 102 100 A 100 100 100 A 99 100 99 10354 10354 104 10254 102 10154 10254 102 102.54 10154 1 0 0 74 101 A 101 A 101 A 100 A 100 A 100 A 1 0 0 'i 101M 10134 101 10154 100 101 99 54 100 97 99 A 99 A 99 A 99 99 94 94 94 101 101A 102 100 100 101 1 )0 H 101 A 10034 100 W0 A 10) 130 15 85 125 100 50 95 95 68 113 13 105 130 103 40 d5 05 A 96 08 A 102 02 A 98 A 96 A 101 98 A 103 10254 102 A 103 10354 102 54 102 A 10254 102U 10354 10354 103 10354 102 ; 101A 100 A 102 • 107 10254 10254 102 A 10254 101 97 97 97 1 u3 103 A 104 • 101A 101A 10254 102^4 103 54 102 101 A 102 A 10254 140 25 90' 130 107 60 10354 99 70 120 16 120 140 108 45 534 97 97 100 10254 03 A 105” 98 101 100 99 89 99 97 9954 93 99 96 95 9954 100 100 100 103 101 100 90 101 98 10154 99 101 100 97 07 A 08 101 08 A l 6 6 '" 103 9954 105” 97 98 101 101 97 1 06” 101 99 102 102 100 96 98 9954 100 54 9654 100 99 A 10054 92 100 9754 07 A 08 01A 99 96 99” 100 08 A 08 102 A 06 08 lO l” 102 100 104 100 101 9654 102 10054 112 9954 9734 1 0 2 '4 102 54 10034 100 99 10354 98 99 166” 100 98 99 98 9954 99 1 0 2 *“ 102 100 100 100 10034 101 07 A 10234 95 99 54 9554 100 9954 111 99 A 97 1 01 )4 10154 101 u E x -s t o c k d iv id e n d . PUBLIC UTILITIES 36 (I n c lu d e ! s tr e e t a n d e le c tr ic r a ilw a y s , g a s , e le c t r ic , p o w e r , w a te r a n d te le g ra p h a n d te le p h o n e c o m p a n ie s .) N O T I C E .— A l l b o n d p r i c e s a r e " a n d I n t e r e s t ” e x c e p t w h e r e m a r k e d " 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 . Bid. B on ds. A d ir o n d a c k E le c P o w e r O o r p 1st M g o ld 5s 1962 o p t -------J& J 10034 A d ir o n d a c k P & L 1st 6s '5 0 M & S 10534 lp t & r e f 534s 1 9 5 0 ...........-M & S 10334 97 D e b 6s 1 9 3 0 _______ _______ -J & J G o n v d e b 6s 1 9 2 9 ________ A & O 10334 100 1st & r e f 5s 1 95 6 ___________ J & J A la b a m a P o w e r 1st 5s 1 9 4 6 -M & S 10034 1st M 1 & r e f 6s 1 95 1 ...........J & D 104 34 1st & r e f 5s 1 95 1 — ............. J & D 9934 99 1st & r e f 5s 1 956..................M & N A la b a m a W ater 1st 6s 1 9 3 2 -J & J 101 101 1st r e f 6s 1 94 7 ............. - - - J & J A lb a n y R y — See U n ite d T r a c . All eg B e lle v & P — See P h ila C o A lto o n a & L o g a n V a l E le c R y — 86 C o n g 4 34s 1933 gu_ .. F & A 1 6 A m e r C o m m o n w e a lth P o w e r — • ____ D e b g 6s 1952 ser A . . - F & A 107 A m erican G a s d e b 6s 2 0 1 6 --J & J 99 A m G a s & E l c o ll 5s 2 0 0 7 ___ F & A 103 D e b g o ld 6s 2 0 1 4 _________ M & N A m P o w & L d e b 6s 2 0 1 6 ___ M & S 1 (2 3 4 103 A m er P u b S erv 6s 1 94 2 ____ J & D 95 1st 1 5s 1942 Ser C ________ J & D 96 A m er R y s c o ll tr 5s 1 93 1 ____ F & A 98 % A m er T e le p & T e le g 4s 1 9 2 9 -J & J G o n v g 4s '3 6 c o n v a ft '0 9 .M & S 9434 ____ O o n v 434 s '3 3 o p a ft '2 5 - -M & S 103 34 O oll tru s t 5s 1(546________ J & D 102 D e b s f 5s I 9 6 0 - - ________ J& J 10634 D e b 534s N o v 1 1 9 4 3 — M & N A m er W W & E l 5s 1 9 3 4 — A & O 9834 102 D e b g 6s 1975 Ser A _____ M & N 90 A m ericu s L t g 1st s f 6s '3 7 - A & 0 A n a & P o t R R R — See W R y & E l A p p a la ch ia n E le c P o w e r — 9634 T a t & r e f 5s 1 95 6 ______ .. M & N 101 A p p a la ch ia n P o w e r 5 s l 9 4 lJ & D 11034 7 % g o ld b o n d s 1 9 3 6 - - - F & A 101 D e b g o ld 6s 2 024 ---------J & J 10034 A rizon a P o w 6s '33 o p t '1 3 -M & N yy 34 1st 1 & u n lf 6s 1947 ser A .M & N A rkan sas & M is s o u r i P o w e r — 97 1st m tg e 6s 1 953__________J& J 97 D e b 6 K s 1 93 5 ____________ M & N A rk an sas P o w e r & L ig h t— 9534 1st & r e f 5s 1 95 6 _________ A & O A rd m ore 8 t R y — s e e P h ila C o A rk a n sas W a te r C o — 95 1st M 5s 1956 series A ____ A & O A sh la n d (W ls ) L & P o w St R y 98 1st M g o ld 5s 1 9 3 9 -------------J& J A sh ta b u la W a te r S u p p ly C o 95 1st 5s 1 9 3 7 ________________ J & D A ssocia ted E le c tr ic C o — 9934 C o n v 5 M s 1 94 6 ___________A & O A ss o c ia te d G as & E le c C o — _ 10434 S ec g 6s 1 95 5 -----------------------J&J 103 D e b 634 s ser A p e r p e t u a l__Q -J 10034 O e b 634s ser B p e r p e t u a l ..Q - J L0J34 D e b 634s ser C p e r p e t u a l-.Q -J A tc h is o n R y , L ig h t & P o w e r — 94 1st 5s N o v 1 935__________M & N A th e n s (G a ) R y & E le c tr ic — 102 ^ 1st & r e f s f g 5s '5 0 o p t '1 5 J & J 1( 5 A th e n s E le c R y 6s 1 9 3 1 - - A & 0 A t l C o n s St R R — See G a R y & E l 1 (034 A tla n ta G a s L 5s g 1 94 7 -------J & D A tla n ta N o r R y — See G a R y & E l A tla n t ic A v e R R — See B k n R T 101 A tla n t ic C it y E l 5s 1 9 3 8 - - -M & S 103 1st & r e f 534s 1 954 _______ M & N 99 1st & r e f 5s 1 9 5 6 .. ...................... A tla n t ic C it y (N J) G a s — 9 / "A 1st g 5s Jan 1 '6 0 o p t '2 0 - -J & J A u b u rn & S yra cu se E le c R R — 8 is t & r e f g 5s '4 2 o p t '1 2 . A & O 1 A u g u st a -A ik en R y & E l O o r p — 91 Jink fd g 5s D e c 1 '3 5 o p t .J & D 95 A ugu sta R y & E l 5s '4 0 - J & D A u r o r a E lg in & C h ic a g o RR— i s t & r e f g 5s 1946 o p t . . J& J 9934 A E & C R'j 1st g 5s '4 1 -A & O 15 B a lt & A n n S L — See M d E l R y B S p P t & C h e s — See U n R y & E l B a lt T r a c t io n — See U n R y & E l 115. B a n e o r H y d r o E le c 514s '4 9 .M & S B an gor (M e ) P o w 5s 1 93 1 - .M & B 9734 B an gor R > & E l 1st 5s *35- - J& J B a y C o u n tie s P o w 5s 1 9 3 0 - -M & B 10034 101 B e a u m o n t G L 6s 1 9 4 4 ---------J & D 20 B ea v er V a l T r gen g 5s '5 3 - M & S B ell T e le p h o n e o f C a n a d a — (0134 1st g 5 i 1955 ser A ________ M &S B ell T e le p C o o f P e n n sy lv a n ia — 103 1st & r e f 5s 1948 ser B ____ J & J 10334 1st & r e f 5s 1960 Ser C . A&O B eloit W a t e r , G a s & E le c C o — 9934 1st g 5e 1 9 3 7 -- __________H & 8 B e n to n H a r b o r -S t Jos R y & L tg 93 R e f 5s 1939 . . . -M & N B erlin E lec E le v & U n d e rg R y s — 1st 5s 1 9 3 8 _____ . . A&O B ln g h a m t’n R y 5s '31 o p '1 1 M & N 99 34 100 99 34 57 Ask. 10134 10634 104 98 105 101 10134 105 34 9934 100 103 103 87 95 108 10034 10234 104 96 98 9834 9434 99 103 34 10234 106 34 98 34 10234 105 9634 10134 ’ 0134 10134 9834 99 100 9534 95 34 ____ 98 99 >4 10434 ____ ____ ____ 90 104 10634 10334 102 104 100 10 95 ____ 101 116 100 99 35 102 103 34 104 101 9934 10034 100 104 34 B ir m in g h a m R y L ig h t & P o w e r — G en r e f g 4 34a '5 4 o n ' 0 9 . -A & O 1st M 534s 1954 ser A ____ A & O B le e c k e r S t& F u lF y — See N Y R y s B lu e L a k es W a t 1st 6s '3 8 - - M & 8 D e b g 434 s O c t 1 1 9 3 7 - - -A & O D e b g 5s" D e c 1 9 4 2 _______ J&D W e s t E n d 8 t 5s 1 9 3 2 ____ M & N 6s M a y 1 9 3 6 - - - ............. M & N 6s M a r c h 1 9 4 4 ________ M & S 7s S e p t 1 9 4 7 .......................M & S 434s J u ly 1 1 9 3 0 ............... J&J 4s A u k 1 1 9 3 2 _______ — F & A B o s & W o r e S t R y 4 34s '2 3 - . F & A B r id g e p o r t G a s L t 4s 1 9 5 2 .- J & J 93 104 34 9834 102 101 107 9234 95 9334 99 99 99 99 122 9734 9434 12 91 / T h i s p r ic e In clu de s a c c r u e d in te r e s t. 10434 99 102 109 103 ____ ____ 15 93 Bid. B on ds. B r id g e p o r t H y d r a u lic C o — 1st M 5s 1 9 4 4 .......................J & D B r o a d R iv e r P o w e r C o — 1st & r e f 5s 1954 Ser A ___ M & S 10-y r s f 634s 1 934________ M & N B w a y & 7 t h A v e R R — See N Y R y s B w a y S u rfa ce R R — See N Y R y s B ro n x G & E 5s I9 6 0 — J& J B ro o k ly n B o r o u g h G a s C o — 1st M 5s M a r 6 1 9 3 8 ______M &S G e n & r e f M 6s 1 96 3 ______A & O B k ly n C it y & N e w R R — Sea O I B k lyn C it y R R 1st 5s 1 9 4 1 .-J & J E q tr 5s ’ 2 7 -’35 ser A . . J & J 15 B r o o k ly n E d is o n C o — G e n M 5s ser A 1 94 9 ______J& J G e n M 6s ser B 1 9 3 0 ______J& J B k ly n -M a n h a tt a n T ra n s it C o r p s f 6s 1968 ser A ____ _____ J&J B r o o k ly n R a p T r a n 5s ' 4 5 . -A & O E qu-lt T r u s t c tfs o f d e p o s it . 1st r e f g o ld 4s 2 0 0 2 .............. J&J 3 -y e a r 7 % n o te s i 9 2 1 ______J& J C e n t U n T r t e m p c t fs d e p _ _ T e m p c t fs d e p s ta m p e d ___ B k ly n H ts 1st 5s 1 9 4 1 - A&O B r o o k ly n Q u eens C o & S u b — 1st M g 5s 1941 ( s t p d l - .J & J 1st c o n 5s J u ly '4 1 (s t p )M & K B k ly n U n E le v 5s 1 95 0 ___ F& A 103 105 93 101 94 103 100 103 100 u )7 34 & Bk R R 94 9334 b 5a % 5% / f f f r 101J4 10334 105 10434 98 34 95 103 88 142 142 138 110 9934 80 6434 95 95 83 83 34 85 6134 9534 91 10334 11334 15534 8134 65 96 K in g s C o E l 1st 4s 1 9 4 9 .-F & A S ta m p e d g u a r a n te e d ________ N a ss a u E le c 1st 5s 1 9 4 4 .-A & O 1st g o ld 4s Jan 1 1 9 5 1 -J & J A tla n t ic A v c o n 5s g '3 1 - - A & 0 B k ly n B a th & W E 5 s '3 3 A & 0 B k ly n U n G a s 1st c o n s 5 sg '4 5 M &N 1st lien & r e f 6s '4 7 ser A .M & N C o n v ,d e b 534s 1 9 3 6 - ___ J& J B ro w n sv ille A v e — See P h ila C o B u ffa lo C it y G a s g 5s 1 9 4 7 - A & 0 f ------B u ff G e n E le c 1st 5s 1 9 3 9 .-F & A 10434 103 1st r e f 5s A p r il 1 1 9 3 9 ____ J&J G e n & r e f 5s 1956 Ser A . . F & A 10234 B u ff N iag a ra & E a s t P o w C o r p — 9934 C o n v d e b 5s 1 9 3 0 - . . . . M & S B u ff & N la g F a lls E l L & P o w e r — 100 1st g o ld 5s 1942 ...........- . . F & A B u ffa lo R y — See In te rn a t R y — 98 B u rlin g to n (V t ) G L 5s 1 9 5 5 -J & J B u rlin g to n ( l a ) R y & L ig h t — 1st s f g o ld 5s 1932 o p t ..M & S 96 100 B u tle r W a t C o s f 5s 1 9 2 7 . - -J & J 9634 5s S ept 2 1 93 1 _______ - .M & S 1 10034 B u tte E l& P 1st s f 5s ’ 2 7 - ’ 51 J & D C a lifo rn ia E le c tr ic G e n e ra tin g — 10034 1st s r g 5s '4 8 o p a ft '1 2 - M & S C alifo rn ia G a s & E le c C o r p — 101 G e n & c o l tr s f g 5s 1 9 3 3 .M & S U n lf & r e f g 5s '3 7 o p s f - .M & N 10134 101 C a l C e n t G a s & E l 5s '3 1 -F & A O a llfo rn la -O re g o n P o w e r — 105 1st & r e f 6s 1942 ser B ____ J& J 10234 1st & r e f 534 s 1955 serlesC F & A ____ O o n v s f d e b 7s 1 9 4 4 _____ M & N C al P a c R y — See P a c ific E le c R y C a lu m e t G a s & E le c C o — 10234 1st & r e f 534s 1960 ser B . . J & J C a lu m e t & S o u th C h ic a g o R y — 73 1st M re h a b g 5s '2 7 o p '1 2 F & A C a m d e n & S u b R y — See P S C o r p ____ C a n a d ia n L & P 5s '4 9 o p '1 4 J& J 94 N e w b o n d s _______ ________ . C a n a l & C la ib R R — See N O R y & L 92 C a n to n -A k r o n C o n R y 5s '3 3 J& J 100 34 C a n to n E le c C o 5s 1 9 3 7 - - - M & N 77 C a p e B r e to n E le c C o 5s '3 2 J& J C a p ita l T r a c t io n (W a s h , D O ) — 1st g 5s Ju n e 1 1947 ..J & D 10034 ____ O a rb o n d a le R y 5s N o v '3 3 J& J C arolin a P o w e r & L ig h t— 10034 1st & r e f 5s 1 9 5 6 .. . . . .A & O C atsk ill P o w e r C o r p — 10134 1st 534s 1955 Ser A _____ M & N C e d a r R a p M f g & P 5s ' 5 3 . -J & J 10034 C e n tra l A r k R y & L ig h t C o r p — 100 1st lien s f 5s 1 9 2 8 _______M & S C e n tra l C a lif T r a c 5s 1936 A & O 65 C e r tific a te s . . _________________ C e n t C r o s s t 'n R R — See N Y R y s C e n t D is t T e le p 1st os '4 3 - -J & D 10334 C e n tra l G a s & E le c tr ic C o — 98 F irst lien c o ll tru st 6s '46 M & S 99 3 -y e a r 6 % n o te s 1929 - -M & S C e n t G a P o w — See G a L P & R y s C e n t H u d G a s & E le c C o r p — ____ 1st & r e f 5s J a n 1957 . . M & S C e n t Illin o is L t 1st 5s 1943 A & C 10034 10534 1st 6s 1 9 4 3 ________________ A & O C e n tra l Illin o is P u b lic S e rv ice — 97 1st & r e f g o ld 5s 1 9 5 2 ____ F & A 1st & r e f 6s 1944 series C . J&J 10334 100>4 1st & r e f 5 34s 1950 Ser D . - J & D 9634 1st & r e f 5s 1956 ser E _ _ M & N 99 C e n t In d ia n a G a s os 1 9 3 1 - - M & 8 C e n tra l In d ia n a P o w e r C o — 103 1st & r e f 6s 1947 ser A ___ J& J 100 7 % n o te s 1 9 2 7 ____________ M & S C e n tra l I o w a P o w e r & L ig h t — 1st M 6s 1944 ser A ______M & N 10234 C o n v M 7s 1934 ser A ___ M &K C e n t M a in e P o w 5s '3 9 o p T 9 M & N 102 34 109 1st & ge n 6s 1 94 2 __________& J 1st & ge n 5s 1955 Ser D . J& J 100 34 104 1st & gen 534s 1 94 9 F& A C e n tra l N Y G & E 5s 1 9 4 1 .-J & J 9934 C e n tra l P o w e r C o — 101 1st M 6s 1944 ser C _______ J & L C e n tra l P o w e r & L ig h t — 96 1st 5s 1 95 6 ________________ F & A O e n t r a lR y — -S e e U n R y & E 1 (B a lt C e n tra l T r a c t io n — See P h ila C o C e n tra l W e s t P u b lic S ervice C o — 1 st 1 c o l 534s 1956 ser A . M & N 9834 C h a rle sto n C o n s R y , G a s & E l— 98 C o n s o l g o ld 5s 1 99 9 ______M&S C h ’s ’ t 'n C it y R y 1st g 5s 1923 103 E x t a t 6 % to J an 1 9 3 8 -.J & J C h a tta n o o g a R y & L ig h t — 1st & r e f g 5s 1956 o p '1 6 .M & N 9534 91 C h a t t R y s 1st c o n s 5s '5 6 M & N C h es & P o t T e l 5s '2 9 o p '0 9 .J & J 10034 C h e s & P o t T e l o f V a 5 s^ 4 3 -M & N 10134 A; L a st s a le , n N o m in a l, Ask. r C a n a d ia n p r ic e . 9 5 'A 8434 84 6134 9634 92 34 104 158 105 104 103 10034 102 9834 9634 98 101 ____ 10134 10134 102 103 75 95 93 10134 80 10034 60 101 103 10134 10034 ____ 100 100 10134 J01 it 6 98 105 10J 34 9734 ____ 10034 10334 103 34 110 10134 105 10034 103 9634 99 99 ____ 92 10034 B on d s. Bid. A tl. C h ic a g o A u ro ra & E lg in C o r n — 52 D e b e n 6s A p r il 1 9 7 2 . - ___ J&J f 50 C h ic A u ro ra & E lg in R R — 1st & ret 6s 1 9 5 1 . . ____ J& J 95% 97 C h ica g o C it y & C o n n e c tin g R j c o ll tr s f g 5s Jan 1 1 9 2 7 -A & 0 5434 C h ica g o C it y R y 1st 5s '2 7 . -F & A 7634 7734 C h ic N o r t h S h ore & M ilw R R — 1st m tg e g o ld 5s 1 9 3 6 ______J&J 9734 9834 1st & r e f 6s 1955 ser A ____ J&J 101 10034 1st & r e f 534s 1 9 5 6 - - _ - A&O 9734 9834 C h ic a g o & O a k P a r k E le c R y — L a k e St E l 1st 5s 1928 K U ..J & J 9734 9634 C h ica g o R a ilw a v s C o — 1st M g o ld 5s 1927 o p t - F & A 76 7534 75 76 51 53 C o n s M 5s ser A F e b '2 7 __A & O 30 34 S eries B F e b 1 9 2 7 ____ J& D 29 31 P u r m o n 4 -5 s F e b '2 7 o p t .J & J 13 A d j in c 4s F e b 1927 o p t ___ M a y 16 C h ic a g o R a p id T r a n s it C o — 97 98 1st & r e f 634s 1 9 4 4 ________ J&J 88 1st & r e f 6s 1 9 5 3 8934 34 3334 A d ju s t d e b 6s J u ly 1 9 5 3 _______ C h ic S ou B e n d & N o r I n d R R — 40 45 1st g o ld 5s J an 1 1 9 3 7 ___ J&J ____ 105 C h ip p e w a P o w e r 6s 1 9 4 7 ___ J & D C h ris & 1 0th Sts R R — See N Y R y s C ic e ro G a s— See N o r th w G L & C o C in c in n a ti G a s & E le c tr ic — 102 10234 10434 P r 1 & r e f M 534s J a n '6 1 B .A & O C in N e w p o r t & C o v L & T — 1st r e f 6s 1947 series A ____ J&J 10234 103 IOi So C o v & C in e 6s 1 9 3 2 ____ J& J 100 C in cin St R y 6 % n o te s '2 8 -M & N 10034 C itie s S e rv ice C o — ____ 238 O o n v g d e b 7s '6 6 ser B ___ J& J S eries D ____ _______ 126 127 _ 136 O o n v d e b 8s 1966 ser E . J& j 10034 R e f d e b 6s Jan 1966 ____ M & N 10034 C itie s S e rv ice P o w e r & L ig h t— 10034 2 d s f 6s 1944 series A _ _ M & N 10034 C itiz e n s G a s (In d ia n a p o lis )— 10234 1st & r e f g o ld 5s 1942 ____ J&J C itiz e n s L H & P (J o h n s t 'n . P a) ____ 1st g 5s 1934 o p t 191 4 ... M & N C itizen s R y & L t— See M u sca tin e L t & I rac C itiz e n s S t R y — See I n d T r & T er C itiz e n s T r a c t — See P h ila C o ___ C it y E le c San F ra n 5s 1937 J& J C it y & S ub R y — See P o r t (O r e )R v C it y & S u b R y — See W a s h R v & E l C it y W a t e r (C h a tt a n o o g a )— 1st 534s 1954 series A ____ J & D 10434 105 1st m 5s 1954 . . .J & D 97 34 98 104 34 C le v E i 111 1st 5s '3 9 o p ’2 4 . A & 0 ill G o ld d e b 7s 1941 . . . . . F & A 11034 ____ 103 G e n M 5s 1954 series A . . . M & N 103 ____ G e n m 5s 1961 ser B . . A & O G le v e P a in s & E a s t C o n 5s 1918— E x t a t 6 % t o 1 9 3 3 ............... A & O f 40 99 34 C le v e R y 1st 5s 1931 o p t . . M &S 9934 C le v e S o u th w R y & L ig h t— G e n & c o n 5s 1954 ______M & S 1 16 20 72 i5 C le v e B e re a & O b 6s '5 4 -M & S 72 C le v e & E ly r ia 6s '5 4 . .M & S 75 72 75 C le v e E ly ria & W 6s 1954 72 E ly r ia & O be rlin 6s 1954 _ 75 ____ 95 C lin to n (111) G & E 6s 1 9 3 7 .-J & D ____ 89 C lin to n W W 1st 5s 1939 ..F & A 98 V4 C o a s t C o s L & P 1st 5 s ’46 o p .F & A 9934 C o lo r a d o P o w e r 1st 5s '5 3 - . M & N 9934 100 34 C o lu m b ia G & E 1st 5s '2 7 . -J & J ____ S ta m p e d 5 % g o ld n o te s 1928 - _ M & N 10034 100 3s C o lu m b ia (S O ) R y , G a s & E l C o ____ 9534 1st M s f g 5s 1936 ____ J& J C o l B u c k L & N — See C o l N e & Z a n C o lu m b u s D e la & M a r io n E le c C o 90 1st & r e f 5s J u n e 1 9 3 7 .. 91 1st & r e f 6s (s ta m p e d ) 1937 9734 9834 95 C o n v d e b 6s 1935 ser A .A & O 97 C o lu m b u s (G a ) E le c & P o w e r — 104 106 1st & r e f 6s 1947 ser A . . . J & D 1st & r e f 5s 1954 ser B _ M & N 98 34 101 97 C o lu m b u s (0 )G a s 1st 5s g ’32 J& J 98 C o lu m b u s (O ) In te r u r b a n T e r C o 85 91 1st gu ar 5s 1 9 3 5 __________J & D C o l L o u & Spr R y — See In d C & E O o lu ro & 9 th A v R R — See N Y R v s C o lu m b u s (G a ) P o w 5s ’36 A & O 9934 10034 C o lu m b u s R y , P o w & L ig h t — 99 100 1st r e f & e x t s f 5s 1 9 4 0 . A&O R e f m tg e g o ld 6s 1 94 1 ____ J& D 106 34 10734 C o l R y 1st 4s '3 9 o p t T 4 O -J 8634 8734 C o l St R y 1st 5s g 1932 ...J & J 98 9734 C ro ss St 1st 5s g 1933 ..J& D 96 9634 C o m ’ cia l C a b le — 4s g 2397 O -J 8034 8134 C o m m o n w e a lth -E d is o n C o — 1st g 5s Ju n e 1 1943 ____ M & S 10434 10534 1st g 6s J u n e 1 1 94 3 ______M & S ii m 11034 1st M 5s 1 95 3 _______________J& J 102 34 10334 103 1st M c o l 5s 1954 ser B _ J & D 103 34 1st M co l 4 34s '5 6 Ser C - .A & O 06 9634 104 C o m 'w e a lth E l 5s Ju n e '43 M & S 105 O o m 'w ’th L & P 6s 1 9 4 7 .. .M & N 96 99 C o m m o n w e a lth P o w e r C o m — 11 5 S f g 6s M a y 15 1 9 4 7 ..M & N 15 104 34 96 G e n & r e f 5s 1939 ________ J& J 97 G e n & r e f 6s 1972 ser B _ . J&J 99 101 C o m m o n w e a lth W a t 534s A 1947 10234 10334 1st m 5s 1956 ser B ___ __ F& A 96 97 C o m p t H ts & M e r T e r — See U n -____ C o n e s to g a T r a c 1st 4s 1 9 5 0 - -J & J 72 C o n e y Isl & B k ly n R R 4s '4 8 J& J 77 ____ C o n s o l g o ld 4s 1 95 5 ____ __ J & j (.9 34 ____ B O & N 1st c o n s 5s 1939 J& J 8434 C o n n L ig h t & P o w e r— 1st & r e f s f 7s '51 ser A . .M & N 11934 117 34 J 0 8 Yi 1st & r e f 534s 1954 ser B - . F & A 10934 1st & r e f 434s 1956 Ser C __ J& J 9634 9734 ____ io 3 y C o n n e c tic u t P o w e r 5s '6 3 . -A & O ____ ] 03 Y 1st & c o ll tr u s t 5s 1 95 6 ____ J& J C o n n R y & L t 434s 1 95 1 ____ J& J 96 98 S ta m p e d gu a r a n te e d o p t i o n a l . . 96 97 ____ 101 C o n n L t g & P o w 5s '3 9 ____ J & J ____ ____ C o n n R lv P o w 1st 5s 1 9 3 7 .-J & D 92 C o n n e lls v W a t 5s O c t 2 '3 9 . A & 0 9334 ____ 92 G o ld 5s 1 95 1 _______________A&O C o n s o lid a te d C itie s L , P & T r — 1st lie n 5s 1962 s ta m p e d ___ J& J 88 89 PUBLIC UTILITY BONDS F eb., 1927.] NOTICE.—All bond prlcea are “and interest” except where marked “f” and income and defaulted bonds. B on d s. C o n jo l G a s o f B a lt 5s 1939 -J & J G en g 434s A p r 1 9 5 4 ____ A&C C on sol G a s , E le c L t & P (B a lt )— G en g 434s F e b 14 1 9 3 5 . J& . 1st r e f 6s 1949 Series A _F & A 1st r e f 5 M s 1952 Series E .M & S 1st r e f 5s 1965 Series F ___J& E on sol G a s N J 5s g 1 9 3 6 - J& 1st r e f 5s 1 9 6 5 - ............. — A & O co n s o lid a te d G a s (N Y ) — D e b 534s 1 9 4 5 - - „ ____ F & A U n d erly in g c o s — See N Y G E L C o n s o l H y d r o -E le c W k s o f U p p er W u e rtte m b u r g 1st 7s '5 6 - J&J O on R y (M ew H a v )d e b 4 s'5 4 -J & J D e b 4s 1 9 5 5 . ______________J&J _________ A & O D e b 4s 1955 D e b 4s 1956 g u a r _______ J&J C o n s g o ld 4s 1930.. - F&A C on s R y & P o w (S alt L a k e ) See U t C o n s T r ( N J )— See P u b Ser C o r p C o n s o lid a te d W a t o f U tic a — 1st r e f 534s 1960 Ser B ... A& C C on s u m ers E l L & P (N e w O r l)— 1st M 5s 1 9 3 6 _______________J&J O on su m L H & P C o (E liz , N J) 5s 1 938 _______ __ _______ J & D C on su m ers P o w e r C o ( M i c h ) — 1st & r e f 5s 1936 o p '1 6 -J & J 1st 1 & u n if 5s ser C 1952 M & N l s t l & u n if 5 ) 4 s 1954 .. M & N C on tin en ta l G a s & E le c tr ic — 1st lien c o ll t r 5s 1927 . . M & N R e f 6s 1 94 7 ________________ A & O C oll t r 7s 1954 ser A - - .F & A Sec 634 s 1964 series A . . A & O C o p en h a g en T e le p h o n e C o — E xtern a l s f 6s 1 95 0 A& 015 O rosstow n St R y — See C o l R v & C ross St R y — See In t T r (B u ff) C u b a n T e le p h o n e C o — 1st lien & ref 7 Ms 1 9 4 1 . . M & S 1st c o v 5s 1 9 5 1 _____ - .. J & J C u m b erla n d C o (M e ) P o w & L t — 1st 434s 1956 ______________J & D O u m b ’la n d T & T 5s 1937 . . J & J D a k ota C en tra l T e le p C o — 1st g o ld 6s 1 9 3 5 . _________ J & D D a 'la s G a s 1st 6s 1 94 1 - ____ A & O D a lla s P o w & L t 6s 1 9 4 9 .J & J is t g 734s 1949 series B ___ J& J 1st g 5s 1952 series C ___ J& J D a lla s R y & T erm in a l C o — Ist 6s 1 9 5 1 -- - - - -J & J D a n v ille T r & P o w 1st 5s '41 J& J D a - b y M e d & C h es R y — See P h ila D a l t o n (O ) G a s 5s’30 o p ’ 15 M & S Bid. Ask. 104 9934 9914 99 y% 107 H 10614 10234 98 96 106 H & P 10634 10034 10054 77 7634 76 7554 75 77 77 7454 9314 ah L & R y 100 102 99 100 101 10214 10214 105 10254 10214 10514 100 10454 11214 103 114 10354 99 H 10034 Lt 10034 11014 94 11114 95 92 10114 9234 10154 105 10314 10514 1 09)4 9934 105 106 111 100 99 100 56 R Tr 100 102 W D a y t o n P o w & L 1st 5s*'41 J & D i 10234 G a y S p & U r b — S ee I n d C o l & E D e fia n ce (O ) G & E 5s 1942. M & S 9934 D ela w a re C o & P h ila — See U n P & T ra n s D e n v G a s & E l 1st g 5s ’4 9 -M & N 9934 1st & R e f 5s 1 951__________M & N 2834 S ta m p ed as to P a t a x . 9834 D en v er T r a m w a y C o — 6334 D en ver T ra m w a y P ow er C o — 1st im p g gu 5s '23 o p '0 8 -A & O E x t a t 6 % t o 1 9 2 7 ________ 9814 D e n v e r T r a m w a y T e rm in a ls C o 1st M g gu 5s 1 9 2 7 -4 0 . - -M & S b 7% D e r b y G a s & E le c tr ic C o r p — 91 1st lien 5s 1 9 4 6 ______.F & A 105 D e r r y (N H ) E le c 8s 1951 ..M & S 7s 1932 ____________________ J & D 99 D e s M o in e s & C e n t l a E le c C o — S F 6s 1937 o p t series A . M&S 101 S F 5s 1937 o o t series B M&S 92 D es M o in e s E l 5s 1938 M & N 10034 D es M o in e s C it y R y 5s '3 6 J& J 58 O es M o in e s E lec C o — 1st M 5s. 1 93 8 ____________ M & N 10014 D e t r o it C it y G a s C o — 1st M 6s 1947 series A ____ J& J 107 100 1st M 5s 1950 series B ___ A & O D e t & S u b G a s 1st 5s '2 8 - J & D 100 D etroit E d is o n 1st g 5s 1 9 3 3 -J& J 10154 1st & r e f 5s J u ly 1 1 940___ M & S 10214 1st, & r e f 6s J u ly '4 0 ser B -M & S 108 V4 G e n & r e f 5s 1949 series A A & O 102 J4 G en & r e f 5s 1955 ser B _ J & D 10254 O o n v d e b 7s Jan 15 '2 8 -J & J 1 5 134 O o n v d e b 7s F e b 1 929 ___ F& A 134 C o n v d e b 7s M a r 1 9 3 0 - - - M & S 134 O o n v d e b 6s D e c 15 1 9 3 2 .J & D 134 D et U n ited 434s 1932 o p t .- J & J 9434 1st M & co ll tr 6s 1 9 2 9 ____ J& J 26 D et R y 1st 5s 1 9 2 4 - - ____ J& D D et F t W a y n e & B e lle Isle — 1st g 5s A p r 1 1 9 2 8 ____ A & O D e t M o n & T o l S h o rt L in e R y 1st M g 5s Jan 1933 . -J& J 45 D et & P t H u ron S h ore L in e— 1st g o ld 5s 1 9 5 0 .. ...J & J D et Y p s il A n n A r b o r & J a c k — 1st g o ld 5s 1 9 2 6 .. F & A / ------D om in ion P ow & T ra n s m is sio n — 1st 5s 1932 ___________ . A&O 97 O D E B & B R R — See T h ir d A v R y D u b u q u e E le c tr ic C o — 1st 6s, 1 9 4 2 _____ __ . . A&O 104 D uke P rice P ow er C o — 1st M s f 6s 1966 Ser A . .M & N 105 D u lu th -S u perior T r a c t io n C o — D u lu th St R y 1st g 5s '3 0 .M & N 97 G en M 5s 1930 . . _ M&N 91 D u qu esn e L ig h t— See P h ila C o D u qu esn e T r a c — See P h ila C o E astern C o n n e c tic u t P o w C o — 99 1st M s f 5s 1948 series A .A & O E astern M a s s S treet R v C o — Serial r e f 6s J an 1 9 2 8 -1 9 2 9 ------9814 R e f M 4 H s 1 94 8 ______. . . J & J 6714 R e f M 5s 1 9 4 8 .. ____ J& J 7234 R e f 6s Jan 1948 ser C .M & S 1 5 83 R e f 6s Jan 1948 series D A & O 83 R e f 6s Jan 1948 series E . M & N 83 L y n n & B os 1st 5s g ' 2 4 . -J & D E x te n d e d t o 1 9 2 9 . _ . 9854 E astern M ic h E d is on C o — 1st g 5s 1931____________ M & N 10054 E a s tern N J P o w 1st 6s 1 9 4 9 . J& Jj 102 i 1st M 5J4s 1 9 4 9 ._______ J& J, 9854E a s t ’n O re L t & P r 6s 1 9 2 9 .A & 0 10134 E astern P a R y s 1st 5s 1 9 3 6 -J & J 10034 E astern T e x E l C o 5 % 1 9 2 8 -F & A i 9934 E astern W isco n sin E le c tr ic C o — j 1st & r e f 5s 1 9 4 7 __________M & S 96 | 1st lien & r e f 6s 1 94 2 ______J & D 102 , 1st lien & r e f 1948 - M & S 104 ' S h e b o y g a n E le c 5s 1 9 4 6 .-J & J 98 / T h is p rice Inclu des a ccru e d Interest. 9934 108 107 102 34 100 101 103 103 B on d s. E a s t B a y W a t e r 5J4s 1 9 4 6 ..J & J U n & "ref 734s '3 6 ser A . . M & J U n & r e f 6s 1942 ser B ___ M&S U n & r e f 6s 1944 ser C ___ M&S U n if & r e f 6s 1955 ser D ..M & S U n ifie d & r e f 5s 1956 Ser E M&S 5 3 4 % g o ld n o te s 1 9 2 8 — . . F & A E ast P e n n E le c C o — 1st M & r e f 6s 1953 — - - J & . E St L & In te ru r b W a t 5s’42 J& . 1st M 6s 1 9 4 2 . _ . J& ; E a s t S t L o u is (111) L t & P o w — 1st 5s 1 9 4 0 ............... ........ J& L E a s t St L o u is & S u b u rb a n C o — C o ll tru st g 5s 1932 o p t .. A & O E a sto n C o n s E l 5s 1 9 4 9 ____ M&N E a s t P a lm & B e th 6s 1 9 3 9 .-J & ( E c o n o m y L t & P o w (J o lie t , 111)— 1st M s f g o ld 5s 1 9 5 6 ____ J& E E d is o n E le c Iliu m o f B o s t o n — ■ 4 3 4 s % g o ld n o te s 1 9 2 8 — J& J 15 E d E l I ll(B k n )S e e K in g s C o E L & P E d is o n E l 111 (N Y ) — See N Y G E d is o n E le c C o (L a n c a s te r )— ___ F & A R e fu n d in g 5s 1943 E ig h th A y e R R — S ee N Y R y s E le c & P e o p — See P h ila R a p T ra n E le c tr ic P o w C o r p (G e r m a n y )— 1st s f 634s 1 9 5 0 ___________ M&S E le c tr ic a l S e cu rities C o r p — C o ll tru s t s f 5s 1935 o p t . - F & A C o ll tr s f 5s 1 955________ A&O C o ll tr 5s 1956______________J& J C o lla t tru st os 1956 ____ M & N E liz P la in f & C e n t J lS e e P u b lic E liz & T r e n to n R R fS e rv C o r p E lm ira W a te r , L ig h t & R R — 1st & c o n g 5s 1 9 5 6 ____ M&S E l P a so E l C o c o ll tr g 5s '3 2 . J& J 1st M 5s 1950 Ser A . . _ J& D E m p ir e D is tr ic t E le c tr ic C o — 1st 5s 1 9 4 9 ________________ M & N E m p ir e G a s & E le c tr ic C o — G e n & r e f 6s ser A 1 9 5 2 . .J & D E m p ire G a s & E le c a n d E m p ir e C o k e Jt ls t & r e f 5s '41 o p t .M & S E m p ire G a s & F u e l— ls t & r e f c o n v 7 J4s'37 ser A M & N l s t & r e f 6 3 4 s '41 (w ith w a r) A & O E q u it G & E U tica 5s 1 94 2 -A & O E q u it 111 G a s, P h ila . 5s g '2 8 J& J E rie R y s — 1st 6s 1 9 5 4 - A&O E rie E l M o t o r s f g 5s 1 9 4 1 A & 0 E rie L tg 1st M 5s 1 9 6 7 .-A & O E rie & S u b u rb a n R y 5s '4 1 -A & O E v a n s v G & E L 5s '3 2 o p '1 2 J & D E x ce ls io r S prin gs W a t G a s & E l— Bid. ____ ____ ____ ____ ____ ____ 107 93 54 101 86 % 99 54 10034 100 10134 9934 9734 9734 9734 97 34 9834 99 103 10334 9834 108 106 34 101 104 54 95 95 84 9934 F a irm o n t & C la rk sb u rg T r a c — 92 1st g 5s 1938 o p t 1 9 1 3 ___ A & O 10034 Fall R iv e r E le c L igh t O o— 1st M 5s 1945 series A ____ J& J 10334 10034' F ea th er R iv e r P o w e r C o — 99 | 1st M 6s 1 9 2 9 -1 9 6 3 . ...J & J 100 F e d e ra l L ig h t & T r a c t io n — 99 9534 1st s f g 5s 1942 opr,______M & S 9 5 )4 65341 1st lien g 6s 1942 s t p d ____ M & S 1 0 3 '4 D e b e n tu r e 6s 1954 ser B - . J & D 97 34 F e d S t & P leas V a l— See P h il C o F e d e ra l W a te r S ervice C o r p — 6% C o n v d e b 6s 1996 ser A .M & S 10434 F lo rid a P o w & L t 1st 5s '5 4 J& J 9434 95 F lo rid a P u b lic S ervice C o — 1st M 634s 1 94 9 ___________ F & A 9934 1st 6s 1955 series B . A&O 9734 1 F lo rid a T e le p 1st 6s 1 9 4 5 - -A & O 96 102 j F t P it t T r a c t io n — See P h ila C o F t S m ith L ig h t & T r a c t io n — 1st M g 5s M a r 1 '3 6 o p t . - M & S £0 10134 61 |F t W V an W e r t & L l m a T r a c — 1st M g 5s 1930 g u a r ______J& J / 26 100 10114 F t W o r t h P o w & L 5s '31 -F & A 4 2 d S t M & S t N A v — See 3 d A v R y 10734 G a le sb u r g R y L t g & P o w e r — O o n 5s O c t 1 9 3 4 _________ J & D 98 100 H 98 G a le s b R y & L 5s 1 9 3 4 ____ 10054 102 G a lv E le c C o 1st 5s '4 0 o p .- M & N 8834 10254 G a lv e s t o n -H o u s to n E le c R y — 68 1st M s f g 5s 1954 o p t ____ A & O 10214 634 % secu red n o te s 1931 .J & D 96 34 102 Va 10234 G a s & E l o f B e rg e n C o 5s '4 9 J & D 100 G e n 5s N o v 1 1 9 5 4 - — - M & N 137 G a tin e a u P o w 1st 5s 1 9 5 6 ..J & D 137 9734 137 ! D e b e n tu r e g o ld 6s 1 9 4 1 .J & D 1 5 99 34' G e o r g e to w n G a s L t 1st 5s '6 1 F & A 137 9834 9454 G e o r g ia -C a ro lin a E le c tr ic C o — 99 30 1st M 6 % n o te s 1 92 9 ___ J & D G a R o w & Tps— See B & N S t R y G e o r g ia L ig h t P o w e r & R y s — 93 1st lien s f g 5s 1941 o p t .M & S C e n t G a Pr 5s '3 8 o p t '13 M & N 9734 G e o r g ia R y & E le c 5s 1 9 3 2 — J& J 50 9934 R e fg & im p t g 5s '4 9 s f . . J& J 9934 9834 A tla n ta C o n s S t 5s 1 9 3 9 - -J & J G e o r g ia E le c L t 5s 1 9 3 0 - -J & J 9934 A tla n ta N o rth e rn R y C o — 1st gu ar os '5 4 o p '9 0 — J& J 96 98 G e o r g ia R y & P o w e r — 1st & r e f s f 5s 1954 o p t . . A & O 104 34 G e n M 6s 1 9 4 7 - . . . .. A & O 107 34 105 G e n M 7s 1 9 4 1 ______ - M & N 105 G ra n d R a p id s R y 1st 7s '39 M & N SO 10514 G r e a t C o n s E le c P o w (J a p a n ) — 99 1st M 7s 1 944 ________ . . F & A 98 96 1st & gen 634s 1 9 5 0 _______J& J 92 G t F alls P o w 1st 5s '4 0 o p . .M & N 103 34 G reat Lakes P ow er, L td — 101 1st M 6s 1927-1944 ____ M & N G r e a t N o r t h P o w 5s 1 9 3 5 ___ F & A 100 G r e a t W e s t P o w 5s 1946 o p . - J & J 100 1st & r e f 6s M a r 1 9 4 9 ____ M & S 10234 1st & r e f 6s 1952 ser O ____ F & A 104 5-year 5 3 4 % n o te s 1 9 3 0 -M & N 2 100 6834 G reen B a y G a s & E le c C o — 75 85 1st & r e f 5s 1 9 3 5 - - ___ M & N 9934 G r e e n w ich T r a m 1st 5s '3 1 . .J & J 85 8734 85 G u lf States U tilities C o — • 1st M & r e f 5s 1956 ser A .M & S 9534 H a ck e n s a ck W at 4s '5 2 o p '1 2J& J 87 H a m b u rg (G e r m a n y ) E le c C o — 10114 E x tl g s f d e b 7s 1 935— M & N 10134 10034 102 54 H arrisbu rg L & P 5s 1 9 5 2 — F & A 9914 H art S t R y — 1st g 4s 1 9 3 0 .- M & S 9334 H a rw o o d E l 5s '3 9 o p '1 4 ____ J& J 10234 1st & r e f s f g 6s '4 2 o p ___M & S 101 107 9934 H a va n a E le c R y . L ig h t & P o w e r G e n M 5s 1954 series A ___ M & S H a v a n a E le c R y 5s 1 9 5 2 - -F & A 95 D e b g 534s 1 9 5 1 ...........M & S 90 Ask. — * Last sale 1 In L o n d o n . r C a n a d ia n p rice B on d s. j Bid. H elen a L t & R y 1st 5s ’ 25 o p .M & E f .... H erk im er C o u n t y L ig h t & P o w e r ! 1st 5s 1930 - _ .... . . J& Jj 99 H est M a n & F air P a ss R y — See P h ila R T H o m e T e le p & T e le g (L o s A n ge le s 100 C a l) 1st 5s 1 93 3 _______ J& . 1st re fu n d in g 5s 1 9 4 5 ______J& i 10034 H om e T el & T el o f S pok an e— 108 1st M g 5s M a y 15 '3 6 .M & N 1 5 9954 9434 H o u g h to n C o (M ic h ) E le c L lg h 102 1st g 5s Jan 1 1927 o p t ____ J&J 99 ------H o u g h t o n O o T r a c 1st 5s '3 7 . J& - / ____ H o u s H o m e T e le p 6s 1 9 3 5 .-M & s: 99 H o u s t o n L t & P o w 5s 1 9 3 1 - -A & C 100 1st lie n & r e f 5s 1 9 5 3 ____ M&S 8734 9834 104 .’ s t lie n & r e f 6s 1953 ser B .A & C 10034 87 1st lie n & r e f 5 3 4 s ’54 ser C .M & S 10234 H u d s o n O o G a s 5s g 1 9 4 9 ..M & N 102 M 10334 10134 H u n t ’g ’n W a t 1st M 6s '5 4 A M & S 1st M 5s 1954 ser B _____ M&S 95 10034 H y d r a u lic P o w e r o f N ia g F alls— 103 1st & re fu n d in g 5s 1 9 5 0 ___ J& J 103 R e f & Im p t 5s 1 9 5 1 _______ A & O I d a h o P o w e r 1st 5s 1 9 4 7 ____ J& J 9834 10334 10234 111 B e ll T e le p 1st 5s 1 9 5 6 . - -J & D Illin o is C e n t T r a c 5s 1 9 3 3 .-J & D 9134 Illin o is E l P o w 1st 6s 1943 .A & O 10334 Illin o is N o r th e r n O tilitles O o — 1st & r e f 5s 1957 o p t ______A & O 9534 9934 Illin o is P o w e r & L ig h t C o r p — 99 1st & r e f 6s 1953 seris A . - A & O 10334 1st & r s f 534s 1954 Ser B — J& D 10034 9834 104 34 D e b e n t u r e 7s 1 95 3 ____ .. A & O 9834 9634 9834 Illin o is P o w e r 1st 5s 1 93 3 ___ T&D 104 1st 7s 1 9 3 6 _________________ I& E 1st 6s 1 9 4 4 ..................... .. J& D 10034 97 Illin o is V a lle y R y 1st 5s '3 5 .M & S 99 34 Illin o is W a t e r S e rv ice C o — • 1st M t g e 5s 1952 ser A -------J& J In d ia n a C o lu m b u s & E T r a c — 100 G e n & r e f g 5s '2 6 o p 'l l . - M & N f 334 27 C o l L o n & S p r in g f 5s '2 0 .A & O / D a y t S p g f & U rb 5s '2 8 . - M & N 60 ____ In d ia n a E le c tr ic C o r p — 1st M 8s 1947 series A — M & N 10034 99 1st M 634s 1953 series B . . F & A 10434 In d ian a G a s U tilitie s C o — 95 1st 5s 1 9 4 6 .......... .................J& J 10834 86 10634 In d ia n a L tg 4s 1958 o p t ___ F& A 103 In d ia n a & M ic h E l 5s 1 95 7 ..-F & A 10034 1st & r e f 5s 1 955__________M &S 9834 In d N a t G a s & O— See P e o G L & C 97 In d ia n a P o w e r 6s 1 94 4 ____ M & N 1st lien 7 34s 1941 ser A . - M & N 85 In d ia n a R y & L t 1st 5s '4 3 - - J & J 101 In d ia n a S e rv ice C o r p — 94 1st & r e f M 5s Jan 1 1 9 5 0 . _ J&J / 95 In d ia n a U n io n T r a c t io n — 93 1st g 5s J u ly 1 '3 3 o p '0 8 -A & O 534 In d ia n a N o r 1st g 5s 1 9 3 3 . A & O 534 In d ia n a n C o lu m b u s & S ou T r a c — 1st M g 6s F e b 1 1 9 4 8 -------F & A 9834 102 I n d ia n a p o lis G a s 5s 1 9 5 2 — A & O 99 I n d ia n a p L & H 5s 1 9 4 0 -------A & O 10134 95 Ms In d la n a p & M a r t ln s v R a p T r a n — 95 Vs 65 103 34 In d ia n a p N e w C a s tle & E a s te rn — 98 14 1st 6s 1 9 3 2 ____________ - - In d ia n a p N o r — See U n T r o f In d In d ia n a p o lis & N o r th w e s t T r a c — 105 V4 1st g 5s 1923 e x t t o 1 9 3 3 .-M & S 70 9434 In d ia n a p o lis P & L 6s 1 9 3 6 .-M & N 10334 In d ia n a p o lis & S o u th e a st T r a c — .... 1st JVf g 5s 1 93 5 ____________ J& J f 100 34 I n d S h e lb y & S E 5s 1 9 3 2 .-J & J f 9834 ---I n d ia n a p o lis T r a c & T e r m C o — 100 1st s f g o ld 5s Jan 1 1 9 3 3 .-A & O 94 I n d ia n a p St ge n 4s 1 9 3 3 -----J& J 64 C itiz e n s ' St c o n 5s g ’ 3 3 . -M & N 84 In d ia n a p o lis W a t e r — 1st & r e f g 434s 1940 o p t — J& J 29 9434 1st Hen & r e f 534s 1 9 5 3 — M & S 10334 In te r b o r o u g h -M e t r o p o lit a n C o — — . C o il tru s t g 434s 1 9 5 6 -------A & O / G u a r T r u s t c e r t if o f d e p o s i t - - / In te r b o ro u g h R a p id T r a n s it— 1st & r e f g 5s ’ 66 o p t a x - e x . J& J 78 91 S ta m p e d _____________________ _ 7834 72 81 6 % n o te s 1932 — - ---------A & O O o n v g 7 % n o te s 1 9 3 2 — M & S 9834 9834 In te r n a tio n a l P o w e r S ec C o r p — 6 34% sec b o n d s 1955 S e rC J & D 9134 S ec 7s 1936 D (w ith w ar) J -T 96 9734 ____ S ec 7s 1 952______________J & J 15 9934 In te rn a tio n a l R a ilw a y (B u ffa lo )— 9934 B u f f R y 1st c o n M 5 s g '3 1 - F & A 82 101 B u f f T r a c 1st 5 » 1 94 8 -------J & D 68 C ro s s St R y 1st 5s g '3 2 - -M & N 81 1 B u f f B e ll & L a n 5s 1 9 2 7 . .J & D 99 B u f f & L o c k 1st g 5s 1 9 3 8 .-J & J 97 i 63 B u ffa lo & N ia g F a lls E le c R y — 9834 1st M 5s g o ld 1 9 3 5 . ____ J& J 76 I n t e r n a l R y r e f 5s '6 2 o p .M & N 62 99 34 99 34 In te rn a tio n a l T e le p & T e le g — C o n v d e b 2 0 -y e a r 5 H 8 '4 5 M & S 10934 10034 1 In te r s ta te E l C o r p 6s 1 9 3 3 .M & S 99 D e b e n tu r e 7s 1932 T& D 98 96 ! I n t e r s ta t e N a tu r a l G a s 6s 1936 w it h o u t w a rr a n ts - ------10434 10134 107 34 In te r s ta te P o w e r C o — 1st M g 6s series A 1 9 4 4 .-J & J 10534 10234 1st M g 6s series B 1 9 4 4 - -J & J 102 84 , G e n e r a l 7s 1 9 3 4 — -----------J& J 10134 9934 In te rs ta te P u b lic S ervice C o — 1st & r e f 534a 1950 ser O - . A & O 101 9634 10434; In te rs ta te R y s — C o ll tru s t g 4s 1943 o p t 1 91 3 _____________ F & A i 4834 103 1 I o w a P o w e r & L ig h t— 1st M 6s 1955 Ser A ---------M & N 10034 10334 101 | 1st 534s 1956 ser B _ .M & N 101 103 34 Io w a R v & L t (C e d a r R a p id s )— 105 1 1st & r e f 5s 1932 o p t Y 5 . . M & S 99 1st & r e f 5s O c t 1945 _M & N 10034 1st & r e f 534s O c t 1 9 4 5 .- M & N Io w a S ou th ern U tilitie s— 1st & r e f 6s 1 94 3 ..................F & A 101 1st & r e f 534s 1 9 5 0 -------------J& J 9734 9534 I r o n w o o d & B essem er R y & L ig h t 1st s f g 5s '3 6 o p t a fte r '1 5 .F & A 8734 9834 Italia n P u b lic U tilitie s 7s ’ 5 2 . J& J 102 J a c k so n C o n s T r — See M ic h E .R y 10134 J ack so n (M ic h ) G a s 5s g '3 7 .A & O i 10134 J a c k so n (M is s ) P u b lic S e rv ice — ! 1st M 6s 1 9 3 4 ______________ A & O 10134 1st M 7s 1 9 3 4 ___________________ i 103 T a c k s o n v (F la )G a s s f 5s ' 4 2 . -J & D 92 la c k s o n v ille T r a c 1st 5s '31 M & S 82 J a c k s o n v E le c 5s '27 o p t .M & N , 98 9634 9034 s Sale p rice . 37 Ask 101 10034 100 101 10034 9934 10334 104 96 99 10334 9334 105 9634 104 101 105 9734 10134 95 4 34 29 10134 10534 96 10134 9934 95 9534 101 100 102 34 70 73 10434 96 66 86 95>4 105 20 7834 8134 9834 9234 9734 9534 84 72 83 100 68 81 6334 109 34 101 99 102 10334 104 102 34 102 49 105 102 100 102 98 100 103 10234 93 38 PUBLIC UTILITY BONDS [ V o l . 124. NOTICE.—All bond prices are "and interest" except where marked “f” and Income and defaulted bonds. B on d s. Bid. Ask. B on d s. Bid. M a d R iv P o w l s t 5s’ 35 g u o p - F & A 102 J a c k s o n v (111) R y & L t 5s '3 1 -J & J 96 98 J a m a ic a W a t e r S u p p ly C o — M a n c h e ste r T r L t & P o w e r — 1st g o ld 5JDs series A 1 9 5 5 -J & J 1st r e f 5s A u g 1 95 2 ......................... 100 1013D 102 3D J e r s e y C e n tra l P o w & L t C o r n — 7s A u g 1 9 5 2 _____________________ 112 1st & r e f 5 3Ds 1945 series A F & A 70 3D 97 3D 98 3D M a n h a t t a n E l c o n 4s g '9 0 - A & O Jer C it y H o b & P a t — See P S C o r p 2d g o ld 4s 2 0 1 3 ____________ J & D 63 J o h n s to w n (P a ) T e le p h o n e C o — M a n ila E le c tr ic C o r p — 1st & r e f 5s 1 9 4 2 __________F & A 99 10 1 M a n ila E le c R R & L t g C o r p — J o h n s to w n (P a ) T r a c t io n — 1st lien & c o ll t r 5s ' 5 3 . -M & S 95 3D 1 st & r e f 5s J u ly 1 94 3 ____ J & D 65 M a n ila S ub R y s 1st 5s 1 9 4 6 -M & S 61 79 J o h n s t P ass R y 4s '3 1 ____ J & D 77 M a n it o b a P o w e r C o L t d — J o p lin & P it t s R y 1st 5s’30 o p .M & S / 1st M 8 f 5 JDs '51 ser A ____ J & J 993D J o p lin W W 5s A p r 2 1 9 4 0 --A & O M a n n h e im & P a la tin a te E le c C o s 95" 96” K a n k a k e e (111) G & E 5s ’3 0 - M & 8 1 5 -y r s f 7s 1 9 4 1 ___________ J & D 983D K an sa s C it y G a s 1st 6 s 1 9 4 2 .F & A 100 1 06 ” 106 3D M a n u f’rs W a t (P a ) 5s 1 9 3 9 -J & D 1st M 5s 1 9 4 6 ___________F & A 99 10 0 M a r io n (O ) W a t e r C o — K an sa s C it y P o w e r & L ig h t — 99 1st m tg e 6s 1 9 4 3 __________ J & D 1st M 5s 1952 series A ____ M & S M a r k e t St E l P a ss R y — See P R T 103 3D 104 K a n sa s C it y R a ilw a y s — M a r k e t St R y (S an F r a n c is c o )— 1st M 5s J u ly 7 1 9 4 4 ...........J & J 64 1st s f 7s 1940 ser A _______ Q -J 65 3D 963D 7 2 d M 6 s J u ly 7 1 9 4 4 ............J & J 4 M a r y l’d E l R y s 1st g u 5s '31 A & O 7 2 d M 5s J u ly 7 1 9 4 4 - --J & J 4 97” 1st & r e f 63Ds 1957 ser A . . J & J C o ll n o te s 7s 1921 - - M & N 15 81 85 66 B a lt & A n n S L 5s 1 9 4 6 — F & A K a n sa s E le c P o w e r 6 s 1 9 3 7 .J & D M a s sa ch u se tts G a s 43Ds '2 9 - - J & J 104 3D 105 99 3D 1st M 6 s 1 9 4 3 ____________ J & D 98 3D 104 3D D e b g 4 JDs D e c 1 9 3 1 ---------J & D 1st M 5s 1 95 1 ____________ J & D 96 3D 2 0 -y e a r s f 53Ds 1 9 4 6 ______ J & J 95 3D 103 3D K a n s a s G a s & E le c 6 s 1 9 5 2 - M & S 104 3D 104 3D M a s sa ch u se tts L ig h tin g C o s — D e b g o ld 6 s 2022 series A .M & R D e b g 7s 1 9 2 7 -’2 8 ________ J & D 963D 97 3D K e n tu c k y T r a c t io n & T e r m in a l— D e b g* 7s 1 9 3 0 _____________A & O 83 84 1st & r e f g u 5s *51 o p t ’ 1 4 -F & A M c G a v & M t V — See N a s h R y & L — L e x in g t o n R y 1st 5s 1 9 4 9 -J & D 99 M e m p h is P o w e r & L ig h t C o — 1 0 0 3D K e n tu c k y U tilities C o — 1st & r e f 5s 1948 ser A ___ J& J 97 1st M 5s 1961 ser G ______ F & A 105 1st & r e f 6s 1948 ser B ^J&J 95 3D K e y S y s te m (S an F r a n -O a k T e r m ) 10 0 M e m p h is L & P 5s 1 93 1 — J& J 1 s t M 6 s 1 9 3 8 ......... -J & J 72 JD 98 3D 9934 M e m p h is St R y c o n g 5s '4 5 -J & J 76 R e f 5s 1 9 3 8 ............................. J & J M e r id ia n L t & R y 5s '4 4 ___ M & S 75 3D R e f 6 s 1938— 81 M e t r o p o lita n E d is o n C o — 80 108 F ir s t m o rtg a g e 5 JDs J u ly 1938 — 1st & r e f 6s 1952 ser B ____F & A K e y S y s te m S ecu r c o ll tr 6 s 1933 78” 1st & r e f 5s 1953 ser O ____ J& J 76” 100 3D K e y T e l 1st g 5s '3 5 o p t '0 8 - -J & J M e t r o p o lita n E le c C o (R e a d in g ) 93 3D 91 90 1st 1 & r e f SJDs 1955 ser A . J & D 1st s f 5s 1 9 3 9 ____________ A & O 1 0 1 JD 1st 1 & r e f 6 s 1951 ser B ___ A & O 97 JD 98 3D M e tr o p o lita n P o w e r — K in g s C o E L & P 1st 5s '3 7 -A & O 105 103^ 1st 6s 1953 ser A _______ — J & D 105 3D P u r c h m o n e y 6 s g 1 9 9 7 ___ A & O 125 M e t St R y — See N Y R y s 124 ID M e t r o p o lita n W e s t S ide “ L " — E d is o n E l 111 B k ln 4s '3 9 - -J & J 94 ID K in g s C o E le v R y — See B k ln R T 78 1st g o ld 4s 1 9 3 8 ____________ F & A 103 K in g s C o G a s & 111 1st 5 s’4 0 - A & 0 100 E x t e n g o ld 4s 1 9 3 8 -----------J& J 75 3D K in g s C o L t g 1 s t r e f 5s '6 4 __J& J M e x ic a n E l L 1st M g 5s '3 5 -J & J 101H M e x L t & P o w 1st 5s 33 s f .F & A 59” • 1st r e f e r s 1 9 5 4 _____________J& J 1123D 103 K in g s p o r t U tilitie s 6 s 1 9 3 7 -A & 0 M ia m i V a lle y E le c 6s 1 9 4 5 --J & J 1013D 99 3D 104 1st 7s 1937 series B _______ A & O M ic h E le c R y 5s 1 9 4 8 _______ J&J'_ 102 133D K ln lo c h L o n g D is t T e l 5s '2 9 - J& J 'J a c k C o n s T r a c 5s 1 9 3 4 - -M & N J 2 0 100 100 3D K ln lo c h T e le p h o n e 6 s 1 9 2 8 - - F & A 101 JD 1013D M ic h ig a n G a s & E le c C o — 93 10 2 1st & r e f 6s 1 9 4 3 __________ M & S K n o x v G a s 1st 5s '3 3 o p t '1 3 - A & O 91JD M ic h ig a n H o m e T e le p C o — K n o x v ille R a ilw a y & L ig h t — 1st m 6s 1946 ser A ______M & N R e f & e x t 5s 1946 o p t _____J & D 10 0 9 7 ID M ic h ig a n L ig h t 1st 5s 1 94 6 -M & S 103 K n o x v ille T r a c 5s 1 9 3 8 ___ A & O 100 M ic h ig a n N o r P o w 1st 5s '41 J& J tia ck a w a n n a & W y o m V a l R T — 10 0 M id d le s e x W a t e r C o (N J )— 97 C o ll tru s t 5s 1 9 5 1 __________ F & A 95 ID C o n s o l M 5s 1 9 5 0 ... F & A L a cle d e G a s L t r e f 5s 1 9 3 4 - -A & O 100 3D 100 3D M id d le States W W 6s 1 9 3 6 -M & N 1st M c o l l t r 5 JDs '5 3 ser C .F & A 105 104 H 16 0 ” M id la n d U til 5 % n o te s '2 9 -M & N 101 100 5JD % g o ld n o te s 1 93 5 _____F & A 98 3D L a k e R o la n d E le v — See U n R y s : E le c 5 % n o te s 1 930___________ M & N 97 3D 77 97 5 % n o te s 1 931___________ M & N L a k e 8 h E le c 1st c o n g 6 s '3 3 - J& J 75 M id w e s t G a s 1st 7s 1936 A .M & N G en g o ld 5s F e b 1 1 9 3 3 . - -F & A 98 M illv E tn a & S harps— See P h il C o L o r & C le v g 5s '2 7 o p '1 7 -J & J M ilw a u k e e C o k e & G a s C o — S an d F rem & S ou 5s 1 9 3 6 — J & J 1st M s f 73Ds 1 93 3 _______ F & A T o l F rem & M o 63Ds 1925— 103 M ilw a u k e e E le c R y & L ig h -— 76 79 E x te n d e d t o 1 93 3 _________J& J R e f & e x t 43Ds g '31 o p t . - J & J L a k e S t E le v R R — See C h ic & O a k P k E le c R y 983D G e n & r e f g 5s 1951 o p t . - J & B 100 L an sin g F u el & G a s 5s 1927 993D 1st & r e f 5s 1961 ser B ___ J & D L a u ren tla n P o w e r 6 s 1 9 3 6 ___ J & J 1033D 102 ID 9 8 3D M ilw L ig h t, H e a t & T r a c — L a u ren tid e P o w e r 5s 1 9 4 6 ___ J& J 100 JD 101 1st g 5s gu 1929 o p t ___ M & N G en M 5 JDs 1 94 6 ___________ J & J r 1013D M ilw a u k e e G L 1st 4s '2 7 . -M & N L a w ren ce (M a s s) G a s & E le c — 99 3D M ilw a u k e e N o rth e rn R y — 1st M 4 JDs 1940 ser B ____ F & A 98 3D L eh ig h P o w e r S ecu rities— 1st 5s A p r 1 93 1 ___________ A & O M in n A n o k a & C a y u n a R ’ ge R R D e b g 6 s 2026 series A ____ F & A 98 3D L eh igh V a lle y T ra n s it— 1st 5s 1 9 3 5 _________________ M & N f ____ 1st M g 5s D e c 1935 o p t — M & S M in n e a p G L 5s F e b '3 0 ___ M & S 98 99” 96 3D 1st M g 4s D e c 1935 o p t - . M & S 6 % g o ld n o te s F e b 1 9 3 0 ___ 101 3D 8 8 3D 8 6 3D M in n G e n E l 1st 5s '3 4 o p . - J & D 82 C o n s g o ld 4s 1 93 5 __________ J & D 80 1013D M in n St R y s — See T w in C ' y R T R e f & lm p t g 5s 1 9 6 0 ____ J & D 83 813D L e h V a l L & P 5s 1 9 4 3 ____ A & O M in n e s o ta P o w e r & L ig h t C o 100 L e x A v e & P a v F y — See N Y R y s 1st & r e f 6s 1 950__________M & N 105 3D L e x ( K y ) R y — See K y T r & T e r m 1st & r e f 5s 1 95 5 .....................J & D 98 3D L in c o ln G a s & E le c 5s 1 94 1 -J & D 99 9934 M ississip p i P o w e r C o — L ln d e ll R y — See U n ite d R y s (S t L ) 1st & r e f 5s 1 955 ___________ M & S 96 M ississip p i R iv P o w 5s '5 1 - -J & J L ittle R o c k G & F 6 s 1 9 3 7 - -M & N 98 3D 101 3D 102 L ittle R o c k R y & E l 5s '3 3 - A & 0 S in k f c f d e b 7s 1 9 3 5 ______ M & N 101 10 2 M is so u r i E d is o n E l 5s 1 9 2 7 -F & A R e f & e x t g 6 s 1 9 3 8 _______ A & O 103 10 0 QQ M is so u r i P o w e r & L ig h t— L o c k h a r t P o w e r 5 JDs 1 9 5 0 --F & A 100‘ "■'ockport & O lc o t t R y — S ee I n t T r a c ( B u ffa lo ) 1st M 5 IDs 1955 Ser A ____ M & S 99 3D M o b ile E le c 5s '4 6 o p '1 0 . -M & N L o m b a r d E le c C o (I t a ly )— 99 M o b ile G a s im p & r e f 7s '51 J& D 94 1st M t g e e x t l 7s 1 95 2 ______J & D 103 L o n g I s l L ig h tin g 5s 1 9 3 6 - -M & S 101 101 3D M o b L t & R R 1st g 5s ' 3 7 . -J & D C o n s g 5s 1 94 1 ____________ M & S 1st r e f 6 s 1 94 8 _______________ J& J 10934 1083D 1st & r e f 5s 1955 ser B . . . M & S 99 94” 99 3D M o n m o u th C o n s W a t 5s '5 6 - J & D M o n o n g a h e la St R y — See P h il C o 103 S ecu red g 6 s 1 94 5 __________ J& J 1 0 2 3D M o n o n g a h e la V a lle y T r a c tio n L o r a in & C le v e R R — See L a k e Sh E le c R 1st M g 5s '4 2 o p t '2 2 ____ J & D L o s A n geles G a s & E le c C o r p — 933D ■1st & r e f g 5s 1939 o p t ___.M & S 10 2 102 ?D M o n o n g a h e la V a lle y W a te r — 1st M 5 IDs 1950 series A____J&J G en & r e f g 7 s '31 B & C . . J & D 104 3D 105 3D 99 3D G en & r e f 6 s 1942 ser D _ _ M & S 108 3D 109 3D M o n o n g a h e la W e s t P en n P u b S e rv 1st lien & r e f 5 JDs Ser B '5 3 F & A G en & r e f 5JDs 1 94 3 ______M & S 105 3D 98 105 M o n tp e lie r & B a r re L & P C o — G e n & r e f 5 ^ s '4 7 ser E _ _ J & D 105 105 3D 1st r e f 5s 1 9 4 4 ___________ A & O G e n & r e f 6 s 1942 ser G . _ M & 8 10 0 108 3D 109 JD G e n & r e fS J D s 1949 ser I _ _ A & O 104 3D 104 3D M o n ta n a P o w e r — 1st & r e f s f 5s '4 3 o p '1 8 - -J & J -L o s A n g G & E 5s 1 9 3 4 ____ J& J — 101 3D 1013D M o n tr e a l L t H t & P o w C o n s o l L o s A n g P a c C o — See P a c E l R y 1st r e f & c o l t r 5s 1 95 1 ___ A & O L o s A n g & P a s a d — S ee P a c E l R y 99 3D M o n tr e a l L t , H t & P o w C o — L o s A n geles R a ilw a y C o r p — ls t & c o ll t r g 4 JDs ’3 2 o p ’ 12 J& J 1st & r e f s f g 5s 1 9 4 0 ...........J & D 97 84 3D L o s A n g e le s R y 5s 1 93 8 ___ A & O G o ld 5s 1933 o p t 1 91 3 _____A & O 97” 96 M o n tr e a l T r a m w a y s — L o s A n g e le s S u b G a s C o r p — 1st & r e f g 5s 1941 o p t ____ J& J 1 st lien c o ll tru st 7s 1 93 8 -M & S 993D G e n & r e f 5s 1955 series A . A & O L o u is ia n a P o w e r 1st 6 s '4 4 - -J & D 96 102 3D 1033D G e n l & r e f 5s 1955 Ser B .A & O 96 L o u is v ille G as & E le c C o (K y ) 1st & r e f 5s 1952 ser A . . M & N 10 0 100 3D M o r n ’side E l S t R y — See P h ila C o ____ M o u n ta in H o m e T e le p C o — 1st & r e f 5 JDs 1954 Ser B . M & N 104 ____ G e n 5s 1 93 8 ________________ ,F&J 99 D e b s f 6 s 1937 ser A ______A & O 1 0 1 JD M o u n ta in S ta te s P o w e r C o — L o a ls v L t g 5s '5 3 u n s t m p d -A & O 101 JD 1st & r e f 5s 1 9 3 8 __________ J& J 94 L o u is v ille R y c o n M 5s g '3 0 -J & J 95 953D 1st M 6s 1938 series B ___J & J 2 d m tg e 4 JDs 1 9 4 0 _________M & S 101 3D 80 3D M t W a s h St R y — See P h ila C o G en M 5s 1 9 5 0 ____________ F & A — 70 M u n c ie E l L 1st 5s '3 2 o p '1 2 J & J L o l l s v ll l e W a t e r — See u n d e r L o u i s v ille , p . 50. 100 JD M u n c ie H a rt & F t W a y n e T r — | L o w e r A u s tria n H y d r o -E le c t r ic — 1st 5s g 1935 o p t 1 9 2 5 ____ J& J 12 I s t s f g 6 3 D s 1 9 4 4 _______ _______ 9534 M & U C T r C o — See U n T r o f In d i L u ie r n e C o (P a ) G a s & E le c tr ic — 92 1st r e f& lm p g 5 s ’48 o p '1 3 .A & O 10134 10134 M u n c ie W W 5s O c t 2 '3 9 . -A & O M u n ic ip a l G a s ( A lb a n y , N Y ) — I iBt & r e f 6 s 1 9 5 4 ___________ M & S 10634 107 D e b e n tu r e 7s 1 9 4 4 _________J & J 1st M 5 JDs 1952 ser A ____ A & O 105 1093D HO M u n ic ip a l G a s & E le c , R o c h — I Lykens V al L & P 6 s 1 9 4 5 --M & S _____________ 102 104 1st M g 4 JDs 1942 o p t '1 2 . A & 0 L y n n & B o s t o n R R — See E a s te rn M a s s S t R y M u n ic S e rv ice 5s 1 94 2 ______M & S : M » c o n R y & L ig h t 1st 5 s '5 3 . J & J 9934 943D C o l tr s f 6s 1 956___________ F & A 1 M a d is o n C o (IU ) L ig h t & P o w e r — 94 3D M u s k e g o n T r & L t 1st 5 s '31 M & S 1st g 5s 1 9 3 6 ............. ..............J & D 99 3D 913D iM u s k o g e e E le c T r 5s 1 9 3 4 .M & N M a d is o n G a s & E le c tr ic C o — I 1st r e f 5s 1 9 4 0 .......................A & O 100 ____ 'M u t u a l T e le D (P a )ls t 5s 1945A & O 99JD G e n & r e f 5s 1 950_____ .M & N 100 1003D N a rra g a n s e tt C o — — C o l t r g 5s 1957 ser A ____ J & J M a d is o n R y s 1st g 5s 1 9 3 6 -M & N 74 78 1 b B a sis. / T h is p rice in clu d e s a c c r u e d in te re st, k L a s t sa le, n N o m in a l, Ask. B on ds. 103 N a s h v ille R a ilw a y & L ig h t— C o n s g 5s 1953 o p t 1 9 0 8 ..J & J R e f & e x t g o ld 5s 1 9 5 8 ___ J & J M c G a v o c k & M t V e rn o n — 2 d series 6s J u ly 1 9 3 7 ___ J& J N a sh v ille G a s & H e a tin g C o — 1st M g o ld 5s 1937 g u a r __M & N N a s h v ille W a te r 4s 1 9 2 8 ____ J & J N a ssau E l R R — S ee B k ly n R a p T N a ssau L t & P o w 1st 5s '2 7 . A & 0 N a ssau & S u ff L t g 5s 1 9 4 5 --F & A N a t E le c tr ic P o w e r C o — Sec g 6s 1 945_______________ M & S N a t P o w & L d e b 6s 2 026 A .F & A N a t P u b lic S e rv ice C o r p — C o ll t r s f 6JD8 1955 ser A - - F & A N eb ra sk a P o w e r 1st 5s '4 9 - - J & D 1st M 6s 1 9 4 9 ______________ J & D D e b 6s 2 0 2 2 ___________ . . . M & S N e v a d a -C a lif E le c — 1st m t g e 5s 1 9 5 6 __________ A & O N e v a d a -C a l P o w 6s 1 9 2 7 ___ A & O N e w a rk G a s 6s A p r 1 1 9 4 4 - -Q -J N e w a rk C o n s G a s c o n 5s '4 8 - J & D N e w a r k P a ss R y — See P S C o r p — N e w B ru n s w ick (C a n ) P o w C o — 1st M 5s 1 93 7 ______________ M & S N e w C a s tle (C it y o f) W 5s '41 J& D S f 5s 1 9 3 2 ________________ J & D N e w C h e s te r (P a ) W a t e r C o — 1st 5s M a r 1 1 9 4 3 ............. . . M & S N e w E n g la n d E le c S e cu ritie s— 1st co l) tr 5s J an 3 1 9 3 2 ___ J& J3 N e w E n g P o w 1st 5s 1 9 5 1 ___ J& J N e w E n g T e l & T e l 4s 1 9 3 0 - -J & J 5s g o ld O c t 1 1 9 3 2 _________A & O 1st 5s 1952 series A _______ J & D 1st 4JDs 1961 Ser B ______M & N N J & H u d R iv R y & F e r r y — 1st g o ld 4s 1950 o p t -------M & S N J P o w & L 1st 5s 1 95 6 — - F & A N e w L o n d o n G & E 5s '2 7 - - A & 0 2 d m tg e 5s 1 9 2 9 ___________ A & O C o n s o l & r e fg 5s 1 9 3 3 ______J & J N e w M ilf o r d P o w 1st 5s '3 2 .F & A N e w O rlean s P u b S e rv ice C o — 1st & r e f 5s 1952 series A — A & O 1st & r e f 5s 1955 Ser B — J & D G e n M 4JDs 1 9 3 5 __________ J& J I n c 6s N o v 1949 series A __J & D S eries B __________________ J & D N e w O rlean s R y & L ig h t C o — C a n a l & C la ib 1st 6s ' 4 6 . -M & N N O C y R R — G e n g 5s '4 3 -J & J N O O y & L a k e 5s 1 9 4 3 -J & J N O & C a r r o ll c o n 5s F e b ’ 3 3 -J & J E d is o n E l 1st 5s 1 9 2 9 ___ J& J N O P o w -H o u s e C o 5s '41 -J & J S t C h a rle s S t 1st g 4s '5 2 — J& J N ew p N ew s & H a m p R y ;G & E — 1st & r e f 5s 1 9 4 4 ___________ J& J N e w p N e w s & O ld P t R y & E l 1st g 5s N o v 1 1 9 3 8 ____ M & N G e n g 5s M a r 1 1941 „ -M & S N e w R o c h e lle W a t 5JDs 1951 series A ____________________ M & N N Y C e n t E le c C o r p — 1st M 5 JD8 1 95 0 ......................M & S N e w Y o r k E d is o n C o — 1st lien & r e f 6 JDs 1 9 4 1 ___ A & O 1st 1 & r e f 5s ser B 1 9 4 4 — A & O N Y G a s , E le c L t , H & P C o — 1st g 5s D e c 1 1 9 4 8 _________J & D P u r m o n c o ll tr 4s 1 9 4 9 ___ F & A E d E l 111, N Y , c o n g 5 s ’ 9 5 -J & J C e n tr a l U n G a s 5s g 1 9 2 7 — J& J E q u it a b le G a s 5s 1 9 3 2 _____M & S N e w A m s te r G a s 5s 1 9 4 8 .-J & J N Y & E R G a s 1st g 5s '4 4 .J & J C o n 5s 1 94 5 ______________ J& J N Y & W e s t c h L t g 4 s 2 0 0 4 - -J & J D e b g 5s 1954 o p g u a r ..J & J N o r t h U n G a s 5s 1927 — - M & N S ta n d a rd G L 5s 1 93 0 ___ M & N N Y M u n ic ip a l R y C o r p — 1st m tg e 5s 1 96 6 ___________ J & J N Y & P a T e le p & T e le g C o — G e n s fd g 4s N o v 1 92 9 — aM & N N Y & Q u eens E le c L t & P o w — 1st c o n s g 5s A u g 1 1 9 3 0 - -F & A N Y & Q u e e n s G a s 1st 5s '3 4 — F & A N Y & Q u een s C o R y 4s '4 6 . A & O S te in w a y R y 1st 6s 1 9 2 2 .-J & J N e w Y o r k R a ilw a y s C o r p — P rio r lien 6s 1965 ser A ___ J & J A d j In co m e 6s Jan 1 1965 A p r . P a rticip a tin g re cts— See S tock s N e w Y o r k R a ilw a y s — 1st R E & r e f 4s '4 2 o p '1 6 -J & J G u a r T r u s t c tfs o f d e p o s it ___ A d j in c g 5s J an 1 94 2 ____ A & O B a n k e rs T r u s t c t fs o f d e p o s . B le e c k S t & F F 1st 4s '5 0 -J & J B w a y & 7 th A v C o n s 5s'43 J& D C t f d e p s tp d Ju n e '2 6 i n t ___ B w a y S u r f R R 1st 5s '2 4 - -J & J C e n C ro ss to w n 1st 6s '2 2 .M & N C o l & 9 th A v e 1st 5s '9 3 .M & S E ig h th A v e c t f in d 6s '1 9 .F & A L e x A v e & P F y 1st 5s g '9 3 M & S S e c o n d A v e c o n 5s g ’48 g u .F & A T r u s t C o c e r tifs o f d e p o s it __ R e c e iv e r ’s c e r tific a te s 1 9 1 4 S ix th A v R R p u r M 5s '6 5 -J & J S o u th F e r r y 1st 5s 1 9 1 9 .-A & O T h ir d A v e — See u n d e r “ T . ” 3 4 th S t C r o s s t 1st 5s ' 9 6 . -A & O 2 3 d S tr e e t R y 5s 1 96 2 ____ J& J N Y & R ic h m o n d G a s C o — 1st r e f M 6s 1951 series A .M & N 1st r e f 6s 1 9 5 2 ____________ M & N N Y S tate G & E C o r p 5 JDs '6 2 A & 0 1st 6s 1 9 5 2 ......... J& J N e w Y o r k S ta te R a ilw a y s — 1st c o n g 4 IDs '6 2 o p '1 3 -M & N 1st c o n 6 JDs 1 9 6 2 .............. - M & N N Y S tea m 6s 1 947.................. M & N 1st M 5s 1 9 5 1 - ............. . . M & N N Y & S u b u rb a n G a s— See W e s t c N Y T e l 1st 4JDs’39 ta x e x _ M & N D e b 6s F e b 1 9 4 9 ................. F & A R e f M 6s O c t 1 9 4 1 ________ A & O N Y W a t e r S e rvice C o rp — 1st m 5s 1951 ser A ______M & N N Y W e s tc h & B o s R y — See S tea N ia g a ra F a lls P o w e r 5s 1 93 2 -J & J R e f & gen 6s Jan 1 9 3 2 — A & O 1st & c o n s 6s ser A A '5 0 - M & N N iag a ra F a lls W a te r 5s 1927 N ia g a ra L o c k p o r t & O n t P o w e r — 1st & r e f 5s 1955 series A . . A & O 70JD 96 100 101 103 97 3D 97 97 3D 99 JD 983-2 103 3D 10 1 106 73JD 108 3D 100 3D 103 105 3D 78 3D 763D 70” 10 0 16 22 104 10 2 104 99 3D 98 3D 98 1003D ______ 983D 99 3D 99 io o ” io o ” 102 3D 102 3D 106 99 JD 97 10 2 100 3D 1003D 95” 94JD 100 JD 993D — 1013D 99 3D — - 99 JD 10 1 96 10 2 — 16 — 107 95” 96 10 l” 99 r C a n a d ia n p r ice , s Sale p r ice . Bid. Ask 99 3D 94 3D 96 105 104 100 3D 100 96 3D 100 3D 98 98 3D 99 9 8 3D 99 3D 9 8 3D 101 3D 105 3D 103 99 102 1 06 101 93 3D 100 111 1 0 2 3D 113” 103 3D 9 4 3D 90 3D 93 95 913D 95 93 95 65 1013D 63 103 3D 96 % 100 3D 103 3D 963D 100 103 3D 963D 67 100 99 Vs 100 100 3D 1003D 6 8 3D 100 3D 95 3D 95 3D 92 96 9 5 3D 963D 92 3D 110 963D 9 8 JD 98 ID 99 3D 98 84 97 993D 93 3D 943D 99 / 100 3D 102 JD 1153D 103 3D 1153D 103 3D 106 3D 9 2 3D 107 3D 99 3D 99 3D 9 8 3D 99 3D 98 3D | 82 3D 99 3D 99 3D 99 3D 100 JD 101 98 3D 100 3D 99 3D 10 1 — 100 3D 100 3D 100 3D -I 101 ' 963D 20 f 93” 103 97 3D 5 | 83 3D 28 3D 84 3D 28JD .... 67 64 8 93D 53 79 763D :::: ' 5 578 72 H 82 3D / 112 ' 13 86 36 15 3 8 3D 3D 353D 763D 98 00 593D 102 69 102 3D 103 104 57 7 8 3D 106 573D 793D 106 3D Chester L t g 98 3D 3D 108 3D 110 98 3D 111 109 94 3D __ 96 m RRs 101 1013D 104 3D 105 104 3D 106 3D 100 3D 100 3D PUBLIC UTILITY BONDS prices are "and Interest’’ except where marked “ f” and Income and defaulted bonds. Bid. 98% 99% Ask. _ 98 93% 93% 97 92 99 93 101 100 97% 101 98% 100% 98% 98% 101 ____ 99 105 99% 98 101 106 100% 98% 100 112 105 105 102% 98% 100 102 115 106 107 103% 100 101 92 93 92% 88 95% ____ 96 % 100% 10 1 100% 105 112 103 103% 97 100% 105% 113 103% 105 97% 72 74 88% 90 __ 102% 103% 84% 83% 85% 83% 99% 98% 101 100% 99% 90% 98 99% 100% 9 i% 106 97% 104% 90% 100 106% 98 115% 115 105 99% 115% 115% 105% 99% 97% 97% 101% 97 97 97 99 99% 35 94 90% 101 102 100 100 98 100 99% 37 96 70 72 82 85 102 101% 101 65 103% ____ 66 __ „ ___ 100% 100% 95% 81% 96% 91 99 92 100 1 09 % 1 08% 103% 99% 101% 85% 92 100% 110% 104% 99% 97% 103% 103% 104% 104% __ 1 00 % 100% 102% 1 02% 97% 102% 102% 98% Interest, B on ds. Bid. P a terson & P a ss a ic G a s & E le c tr ic 102% c o n s o l g o ld 5s 1 9 4 9 _______ M &S 94 P a w tu ck e t G a s 4s 1 9 3 2 M&N P e e k s k ill L t & R R 5s 1 9 3 0 .-A & O 96 P en in su la r T e le p h o n e C o — 100% 1st 5 % s 1 9 5 1 -_____________ J & J 118 C o n v d e b 6 % s '3 4 ser A _ A & O P e n n C e n tra l L ig h t & P o w e r C o — 101% 1st & r e f 5s 1 9 5 0 _________ A & O 104% 1st & r e f 6s 1 9 5 3 __________J & D 1st & r e f 5 % s 1 9 6 4 _____________ 100 1st & r e f 5 % s 1975 ______A & O P e n n -O h io E d is o n C o — 118 D e b g 6s 1950 ser A ______M & N 97 W ith o u t w a rr a n ts _________ P e n n P u b lic S e rv ice 5s 1 9 6 2 .F & A 99% 1st & r e f 5s 1954 ser D ___ J & D P e n n sy lv a n ia E d is o n C o — 99% 1st M 5s 1946 ser A ______A & O 103% 1st M 6s 1946 _ M&N P e n n sy lv a n ia G a s & E le c C o — 96% 1st 1 & r e f 5 % s '5 5 Ser A - M & S 94 D e b 6s 1976 (w ith w a r r )-M & S 101 P e n n sy lv a n ia L tg 5s 1940_ .J & J P e n n s y lv a n ia -O h io P o w & L t — 102 1st & r e f 5 % s '5 4 ser A - _J& J 100 D e b g 6s 1939 ________ J& J 99 Y o u n g -S h R y & L 5s ’3 1 - J& J P e n n sy lv a n ia P o w e r C o — 97% 1st m tg e 5s 1956 -J & J P e n n sy lv a n ia P o w e r & L ig h t — 106 1st & r e f 7s ser A 1 9 5 1 F&A 99% 1st & r e f 5s 1952 ser B ___ A & O 104% 1st & r e f 6s 1953 ser C ___ M & S 99% 1st & r e f 5s ser D 1 9 5 3 ___ M & S 102% P e n n W a t e r & P o w e r s f 5s '4 0 J & J 105 1st r e f 5 % s 1953 ser A - . A & O 96% P e n s a co la E l C o 1st 5s '3 1 - - F & A P e o p le 's G L & C o k e , C h ic a g o — 113% 1st co n s g 6s 1 9 4 3 -A&O 102% R e fu n d in g g o ld 5s 1947 M & S 102 C h ic G L & O 1st 5s 1 9 3 7 --J & J 101 % C o n s u m G a s 1st g 5s '3 6 . -J & D 98 In d N a t G & O g 5s '3 6 g u .M & N 101% M u tu a l F u e l G a s g 5s '4 7 M & N P e o p le s L ig h t & P o w e r C o r p — 95 1st lie n 5 % s 1941 ...J & J C o n v 5 % % n o te s D e c 15 ’ 2 7 -’ 28 w ith w a r r a n ts _______ ______ 5 ____ ____ C o n v d e b 6s 1962 - ___ J& J P e o p le 's T r a c t io n — See P h ila R T P e o ria B lo o m & C h a m p T r a c — 92% 1st g o ld gu ar 5s 1 9 3 6 ___ M & N 96 P e o ria W W C o p r 1 5s '4 8 - M & N 70 1st c o n 4s 1 9 4 8 __________M & N 85 1st c o n 5s 1948 ___ __ M&N 45 D e b 4s 1 9 5 0 . ___________ M & N P h ila d e lp h ia C o m p a n y — 105 1st c o ll tru s t g 5s 1 9 4 9 ___ M & S 99 C o n s M c o ll t r g 5s 1 9 5 1 - M & N 99 103% 1st r e f & c o ll t r 6s '4 4 ser A F & A 100% C o n v d e b 5 % s 1 9 3 8 ___ .M & S A lle g B e lle & P e r 5s 1 9 3 5 -A & O 91% A rd m o r e S tre e t 5s 1958 -A & O 65 84 C e n tr a l T r a c 1st 5s 1 9 2 9 .-J & J 95 C itiz e n s ' T r a c 1st 5s ' 2 7 . -A & O 105% D u q u e s n e L ig h t 6s 1 9 4 9 .-J & J 105 1st & c o ll tr 5 % s '4 9 B .J & J 83 D u q u e sn e T r a c 1st 5s '3 0 - -J & J F e d St & P V 5s M a y 1 '4 2 . J& J 75 F t P it t T r a c 1st 5s 1935 -J & D 70 M illv E t & Sh 5s 1 9 2 3 .- _ M & N 83 M o n o n g St R y 5s g 1 9 2 8 -J & D 91% W ilk & E P it 1st g 5s '2 9 .M & S 86% M o r n ’sid e E l St R y 5s '3 5 A & O 90 M o u n t W a s h in g to n S t R y — 93% 1st & c o ll tr gu 5s 1 93 3 -A & O P it ts A lle g & M gen 5s '3 0 A & O 80 P itts & B ir T r 5s g 1929 M & N 87 B K & A T r a c 6s 1 9 3 1 - - M & S 87 B r o w n s v A v e 5s 1926 .F & A 85 W L ib e r t y 1st g 5s '3 0 .J & J 83 P it ts & C h a rle ro i 5s '3 2 -M & N 87 90 P it ts b R y s 5s 1 9 5 3 _______ A & O P itts T r a c 1st 5s 1 9 2 7 .. A & O 87 65 So T r a c 1st & co ll tr g 5s '5 0 A & O 70 2d A v e T r 1st 5s 1 9 3 4 ____ J & D 80 i G o ld 5s J u ly 1933 ______J& J 63 U n ite d T r a c 5s 1997 c t f s . - J & J W e s t E n d T r a c c o n 5s '3 8 - J& J 73% 1 04 % P h ila E le c t 1st 5s 1966 A&O 1st M 4s 1 9 6 6 . ______A & O 88 107% 1st lie n & r e f 6s 1 9 4 1 ____ J & D 1st & r e f 5 % s 1 9 4 7 .. J& D 107 1st lien & r e f 5 % s 1 9 5 3 . M & N 107 102% F irst lien & r e f 5s 1960 -J & J P h ila d e lp h ia E le c P o w e r C o — 1st m tg e 5 % s 1 9 7 2 . - .F & A 104 P h ila & G a r r e ts fo r d St R y — 1st 5s 1 9 5 5 ________ - - -F & A 77 P h ila d e lp h ia R a p id T ra n s it— C o ll tr g 5s 1957 o p t s f ._ F & A 84 S f gu ar 5s '6 2 o p t '1 7 ____ M & S 91 6s g o ld 1 9 6 2 . ____ M &9 99% ____ E q t r 5 % s ’ 2 7 -’ 33 ( s -a ) _ .F & A ____ E q 5 % s '2 7 - ’34 ( y r ) - . J & D 15 D a r b y M e d ia & C h e s St R y 86 1st 4 % s '3 6 o p t '16 g u J& J H e s t M a n t u a & F a irm 5 % s '3 4 95 M a r k e t S tr e e t E le v P a ss R y 1st g g u 4s 1 9 5 5 ______.M & N 87 U n io n T r a c t io n — E le c & P e o 4s t r c t fs '4 5 . A & O 58 P e o p le ’s T r a c t io n C o — P P R y tr c t f s 4s '4 3 -F & A 70 W P h ila P a ss 2 d 5s '2 6 -M & N E x t d a t 5 % % t o 1 95 6 ____ P h ila d e lp h ia S u b u rb a n G a s & E le c 1st M & r e f g 5s '6 0 o p '1 5 F & A 101 104% G e n M 6s 1 9 6 9 ____________ J & D 1st c o n s o l 6s 1943 ..J & D 106% P h ila & W C h e s T r 4s 1 9 5 4 .-J & J P h ila & W e st R y 5s 1960 ___ J& J 96 P ie d m o n t & N o r t h 1st 5s 1 9 5 4 -J& J 94% P it ts A lle g & M a n — See P h ila C o P itts & B ir m T r — See P h ila C o P it ts & C h a rle ro i — See P h ila C o P M c K & C o n — See W P e n n R y s P itts b u r g h T r a c — See P h ila C o P itts b u r g h R y s — 8 e e P h ila C o P ittsb u rg h U tilitie s C o r p . — 2 -y r 5 % n o te s A p r l 5 ’2 8 _ A & 0 1 5 100% P o n t ia c L ig h t 1st 5s 1 9 2 7 .-J & J 100 P o r tla n d (O re) E le c P o w e r C o — 1st 1 & r e f 6s 1947 ser B ..M & N 100% l s t l & r e f 5 % s 1951 ser C .M & N 97 P o r tla n d (O re) G a s & C o k e — 99% 1st & r e f g 5s '4 0 o p t '2 0 . -J & J 104% 1st gen era l 7s 1 9 4 0 - - ...........J& J P o r tla n d G a s 1st 5s 1951 .F & A 99 k Last sale. I In London, n N om in al. Ask. 103% 95% 101% ____ 102% 105 ____ 100% 120 97% 99% 99% 100 105 97 96 102 103 101 100 98% 106% 100 105% 99% 103 106 98% __ 105 ____ 101% 98% ____ 97 ____ 98 94 ____ ____ ____ ____ ____ 100 99% 103% 101% 92% 67 88 ____ 106% 105% 86 78 75 88 94 90 ____ 95 85 90 95 89 93 67 75 __ 65 77 105 108 107% 107% 103 104% 79 86 99% 87 97 87% 60 70% 99 102 105% 106% 65 97 95% 101% 98 100 105% 101 B on ds. P o rtla n d (M e ) R R 3 % s 1951 J& J 1st 1 & c o n m 5s 1 9 4 5 -- M & N P o rtla n d R y L t & P o w e r— 1st & r e f s f 5s 1942 o p . -F & A 1st & r e f 6s 1947 series B .M & N 1st 1 & r e f 7 % 8 '4 6 ser A .M & N P o r t l ’d R y r e f 5s '3 0 o p . M & N C it y & S u b c o n 4s '3 0 .J & D P o r t G e n E le c 1st 5s '3 5 -J & J P o rtla n d (M e ) W a t e r 4s '2 7 - F & A P o r t o R ic o R y s , L t d — 1st g 5s N o v 1 1936 o p .M & N G e n & r e f 5s £ 1962 ______M & N P o r t o R ic o T e le p 6s 1 94 4 ___ J & D P o t o m a c E d is o n C o — 1st M 6s 1949 ___________M & N 1st m tg e 5s 1956 ser E ___ M & N P o t o m a c E l P o w 5s '2 9 o p . - J & D C o n s M g 5s 1936 g u a r . . J& J G e n lien & r e f 6s 1953 - -A & O R e fu n d in g 7s 1 9 4 1 _______ A & O P ow er C orp o f N Y — 1st M 6 % s 1942 Ser A .M & N 1st M s f 6s 1942 Ser B . . M & N P o w e r S ecu r c o ll t r 6s '4 9 . . J & D I n co m e s Ju n e 1 9 4 9 . ___ F & A P r o v S ecu r— See S team R R 's — P u b lic S e rv ice C o o f C o lo r a d o — 1st & r e f 6s 1953 series A - M & S 1st & r e f 5 % s '54 series B .M & S P u b lic S e rvice C o o f N o r 111— 1st & r e f g 5s 1956 o p '2 1 . A & O 1st r e f 5 % s 1962 series A J & D 1st & r e f 5~%s 1964 series B J& J l s t & r e f 5s 1966 series C .M & N D e b e n tu r e 5s 1931 _____ M & S P u b lic S e rv ice C o o f O k la h o m a — F irs t & r e f 5s 1966 ser C .M & N 1st m tg e 5s 1961 ser C ____ M & S P u b lic S e rvice C o r p o f N J— T r u s t ce r ts 6 % p e r p e t ___ M & N S e cu re d 6s 1944 -----------------F & A S e cu re d 5 % s 1 9 5 6 . ---------J & D C a m d e n S ub 1st 5s 1 9 4 6 . J& J C o n s T r a c 1st 5s 1933 — J & D E liz P la in f & C e n t J e rs e y R y — 1st g 5s D e c 1 1950 ___ J& D E liz a b e th & T r e n t 5s '6 2 -A & O J C H o b & P a t 4s 1 9 4 9 .-M & N N e w a r k P ass c o n 5s '3 0 . . J & J N e w a rk T e r m R y 5s ' 5 5 . -J & D N H u d C o R y c o n s 5s '2 8 - . J& J N o r Jer St R y 4s 1 9 4 8 .-M & N O r & P ass Y a l 1st 5s '3 8 . J& D P a te r so n R y — C o n 6 s g '3 1 .J & D 2 d 6s '1 4 e x t 5 % t o '4 4 . A & 0 R iv e rs id e T r a c 5s I 9 6 0 . -J & D So J ersey G a s E l & T r a c — G u ar g 5s M a r 1 1 9 5 3 - -M & S P u b lic S e rv ice E le c P o w C o — 1st M s f 6s 1948 - ______A & O P u b lic S e rv ice E le c & G a s C o — 1st & r e f 5 % s 1 9 5 9 ............... A & O 1st & r e f 5 % s 1964 ______A & O P u b lic U tilitie s E v a n s v ille — 1st & r e f 6s 1 9 2 9 — - — J& J P u g e t S ou n d P o w e r C o — 1st g gu 5s 1933 o p t . . . J & D P u g e t S ou n d P o w e r & L ig h t— -------J & D 1st & r e f 5 % s 1949 1st & r e f 5s 1931 series B .F & A P u g e t S ou n d E le c tr ic R y — 1st c o n s o l g 58 '3 2 o p _F & A T a c o m a R y & P 5s '2 9 A & O W a s h C o a s t U til 6s 1 9 4 1 - - — Q u ebec P ow er C o — 1st M s f 6s 1953 ser A .A & O Q uebec R y L t H & P ow — C o n s g 5s 1939 o p t -----------J& D O u eens B o r G a s & E l 5s * 5 2 -J&J R e f 6s 1 9 5 3 ________________ M & S R e f 5s 1 95 5 ________________ M & S O u in cv (111) G a s E le c & H e a t— 1st c o n s g 5s 1935 o p 'lO .M & S O u in cv G & E 5s 1 9 2 9 — M & S O u in cv (HI) R y 5s 1 9 3 2 — F& A R a c in e (W is ) W a te r 5s ’3 1 -M & N iR a il w a v & L ig h t S ec 5s v a r -------R a p T r St R y — See P u b Ser C o rp R e a d in g T r a c 6s 1933 - .J & J R h in e -W e s tp h a lia E l P r (G e r m 'y ) M t g e g 7s 1 9 5 0 ___________ M & N R h o d e Isla n d S ub 4s 1 9 5 0 --J & J R ic h m o n d (S I ) L t & R R — 1st c o ll tr g 4s 1 9 5 2 -------------J&J R io d e J an eiro T r a m L t & P — 1st g 5s 1 9 3 5 ----------------------- J& J R iv e rs id e T r a c — See P u b Ser C o rp R o a n o k e G L 5s 1 9 2 7 -----------A & O R o a n o k e R y & E l 5s 1 9 5 3 -.F & A R o a n o k e T r & L t 5s 1 9 5 8 _ -F & A R o a n o k e W W 5s 1950 _ - -J & J R o ch e s te r G a s & E le c Corp-^-_ G e n M 7s 1946 series B ..M & S G e n M 5 % s 1948 series C - M & S R o c h R y & L t 5s ’ 54 o p t -------J& J T a x e x e m p t ------------------------- - — R o c h R y c o n s 5s g 1 9 3 0 .-A & O 2d 5s g 1 9 3 3 . _______ -J & D R o c h e s te r & S y ra cu se R R — _ 1st M c o n v 5s 1 9 5 7 - M&N R o c h T e le p ge n 5s 1 9 3 3 -----A & O 1st & r e f 6s 1 9 4 6 - . -----------A & O R o c k f B e lo it & Z a n e s v 5s ’ 30 A & O R o c k fo r d (111) E le c tr ic C o — __ 1st & r e f s f 5s ’ 39 o p ’ 1 4 -M & S R o m e (G a ) R y & L 5s ’4 6 - -A & O R o m e (N Y ). G a s , E le c L t & P — 1st 5s 1 9 3 1 ____________ -J & D 1st r e f 5s 1946 --------------------------R u m fo r d F a lls P o w 4s 1 9 4 5 .A & O G en M 4 % s D e c 1 9 2 9 ---J & D R u t la n d R y L t & P 1st 5 s ’4 6 -M & S S a c ra m e n to E le c G a s & R y — C o n s 5s N o v 1 1 9 2 7 ______M & N St C h a rle s St R R — See N O rl R y St C la ir C o u n t y (111) G a s & E l — 1st c o n s gu ar 5s 1 9 5 9 -------M & S St J o se p h G a s — 1st 5s 1 9 3 7 .-J & J St J o s e p h R v , L t H e a t & P o w e r — 1st g 5s N o v 1 1 9 3 7 ______M & N St J o se p h W ater 5s 1 9 4 1 -------A & O St L o u is R R — See U n R y s (S t L ) St L o u is S p r in g ! & P e o ria R R — 1st & r e f gu g 5s ’ 39 o p t - .J & D St L o u is & S p r in g f 5 s "‘ 3 3 . J& D S t L & S u b R y — See U n R y s (S t L ) St L T r a n — See U n R y s (S t L ) S t M a u r ic e P o w e r L t d — 1 st M 6 % s 1 9 5 3 .................- F & A 11 1 Canadian price. 3 Sale price. Bid. Ask. 62 82 65 84 93% 100% 106% 95 93% 100% 99% r 90 r 94% 100 % % 95% 10 7 102" 101 104* " 103 96% 100 100% 107% 105 105 96% 106 103 92 j 85% 107 105 93% 87% 101% 99 102 % 100 100 105% 106 99% 98% 100 % ____ 96 105% 1 04 % 100% 87 68 59 84 52% 84 99% 91 87 50 85 60 83 101% 108 106% 106% 100 99% 97% 106% 105 100% 89 71 86" 54 86 100% 89" 65" 85 102 103 107% 107% 105% 105% 105% 100% 101% 100 101 100% 99% 101% 99% 91% 92 104 92% 93 106% T 97 1 02 % 106% 102% 96% . 99% 93 97 96 98% 104 107 103% 97% 95" 98% 101 102% 104% ____ 104% 81 86% 95% 96 100 99 97% 90 112 105% 103 ____ 95% 84 22 99% 101% lOO" 98% 91% 112 % 1 06 % 103% 96% 88 24 101 105% 101% 95% 101 % 100 100 90 97 101 101 96% 92 99 & L ig h t 99 93 100 95 96% 94% 97% 95% 93 95 r 108% 40 PUBLIC UTILITY BONDS [ V o l . 124. NOTICE.— All bo n d prices are “ and in te rest" except where m arked “ f” and incom e an d d efau lted bon ds. B on ds. B id . A sk. S t P a u l C it y R y — See T w in C it y R T S t P a u l G a s L ig h t— G e n g o ld 5s 1944 . .M & S 101 101 % G e n & r e f 5 % s 1954 ser B _ J & D 102 103 J& J G en & r e f 6s 1 952 _______ 106 107 S alisb u r y & S pen cer— See N o C ar o P u b S e rv ice S a lm on R iv P o w gu 5s '5 2 o p F & A 103 105% S a lt L a k e T e r m 6s 1935____ J & D S alt R iv e r V a l W a te r U sers A ssn ____ _F & A 6s 1 9 3 8 _____ _ . 101 105 S an A n t o n io G & E 5s 1 9 4 9 .M & S 98 San A n t o n io P u b lic S ervice— 1st r e f 6s 1952 series A ____ J& J 105% 107 S an A n t o n io T r 1st 5s ’4 9 .M & S 93 95 San D ie g o C o n s o l G a s & E le c—■ 1st g 5s 1939 o p t 1914 ___ M & S 102 102% 1st & r e f 6s 1939 ser A . . . M & S 103% 104% 1st & r e f 5s 1947 ser B ___ M &S 101 101% 1st & r e f 6s 1947 ser C ____ M & S 104% 105% S an d F re m & S o R y — See L a k e Sh E l R y San F ra n G & E 4 K s 1 9 3 3 ..M & N 98% 99% N o t ca lla b le . . . 97% 98 San J o a q u in L t & P o w e r C o rn — U n if & r e f 6s 1952 ser B _ _M &S 110% U n if & r e f 6s M a y 1 ’54 E .M & S 103 103% S an J o a q u in L ig h t & P o w e r— 1st 5s 1945 o p t a ft 1910 J & D 102% 1 02 % S a o P a u lo T ra m L t & P r , L t d —1st g 5s Ju n e 1 1929 J& D r 97% 99 S au d a F a lls C o L t d — 1st s f 5s 1955 ser A . _ . A & O 98% 98% S av a n n a h E le c & P o w e r C o — 1st & r e f 7 M s 1942 ser A . . A & O 107% 109 S av a n n a h E le c C o 5s g ’5 2 . J& J 97 98% S a y re (P a ) E le c 5s 1947____ A & O 98% 100 S c h e n e c ta d y R a ilw a y C o — 1st M 5s 1946 o p t 1 9 1 9 ._M & S 58 61 S c h u y lk ill T r a c 1st 5s 1 9 4 3 .. A & 0 / ____ S c io to V a lle y R a ilw a y & P o w e r — 1st s f 6s 1 9 4 3 . _____ . J& D S cra n ton E le c 5s ’37 o p t ’ 1 2 .J & J 102 103 8 % g o ld b o n d s Jan 1 9 3 1 .. A & 0 S cra n ton R y — 1st 5s N o v ’3 2 . J& J 73 76 1st & r e f 5s 1 94 7 _________ F & A S-0% 79% S cran T r a c 1st 6s g 1 9 3 2 .M & N 95 97 S cran & W ilk es-B arre T r C o r n — C o ll tru s t 6s 1934 ______A & O 98 100 1st & r e f 5s 1 951 _________ F & A 83 85 8 e a ttle E le c 1st g 5s ’30 o p t .F & A 101% 102% C o n & refg s f 5s 1 9 2 9 . F& A 99% 100% S e a ttle -E v e re tt T r a c t io n — 1st M g 5s 1939 o p t 1 914. _ M&S 93% 94% S eattle L t g 1st 5 s '44 o p t TO M&S 100 R e f g 5s 1949 o p t 1 9 1 4 . . .A & O 94% 95% D e b s f 6s 1 93 6 _____ . .F & A 99 100 S e co n d A v e — See N Y R y s . S econ d A v e T r a c — See P hila C o — S en eca P o w C o r p 6s 1 946. M & S S haw inigan W a te r & P o w e r— 1st c o n s s f 5s 1934 . . J&J 101 % 102 1st r e f 5 %'s Jan 1 1 9 5 0 .. .J & D 104% 105% 1st r e f 6s 1 950________ .J & J 106% 105M S h e b o y g a n E le c — See E a s t W is E! ec C o S h en a n g o V a l W a te r 5s 1 9 5 6 A & 0 93 94 S h re v e p o rt R y s 1st 5s ’2 7 -’44_.T&J Silesian E le c C orp s f 6 % s ’4 6 F & A 97% 98% S ierra & San F ra n cis co P o w e r— 1st g 5s 1949 o p t . . . ...F & A 96 96% 2 d M 6s 1949 series A ___ J&J 93% 94% 2 d M 5s 1949 series B ..J & J 82% 81 % S ilesian -A m er 7s 1941 94% 95 S iou x C it y G a s & E le c C o — 1st 6s 1947 ser A . M&S 104% 105 1st 6s 1949 ser B . . F& A 105 1 04 % . 1st 2 5 -y r 5 % s 1950 ser C .F & A 101 102 S iou x C it y S ervice C o — 1st M 6s Jan 2 1951_______ J&J 101 103 S om erset U n & M id d le s e x L t g — M t g e g 4s D e c 1 1 9 4 3 . . . J& D 88 S o C a r G a s & E l 6s 1 94 2 . .M & S 1 5 93 95 C o n v 6s D e c 15 1 9 3 2 ..J & D 1 5 82 S o u th C arolin a P o w e r C o — • 1st lien & r e f 5s 1 9 5 7 '____ J&J 95 S ou th C o v & C in St R y — See Cin N ew & C o v R y S ou th F erry— See N Y R y s S ou th Jer E & T — See P u b S erv C orD S ou th P ittsb u rg h W a te r C o — 1st lien & r e f 5s I9 6 0 ser A . J&J 96% 97 1st M 5s 1 9 5 5 . . _______F& A 97% 98 S ou th ea stern P o w e r & L ig h t— D e b 6s 2 0 2 5 . ______ M&S 99 99% S ou th ern B ell T e le p & T e le g — 1st s f g 5s 1941 o p t 1 91 6 . .J & J 102% 103% 1st & r e f 5s 1954 ser A . .F & A S ou B ’v a r d — See T h ird A v e R v S ou th ern C a liforn ia E d ison — G en g 5s N o v 1939 o p t . . J&J 102% 1 01 % R e fu n d 6s 1 9 4 3 .. . .A & O 104% 105 G en & r e f 5s 1944 F&A 100 101 % R e fu n d in g 5s 1 9 5 1 . . . . . J& J 98% 98 S ou th ern C al G a s 6s 1950 M & N 104% 105% 1st & r e f 6s 1958 series C . . J & D 104 1 04 % 1st & r e f 7s 1951 series A M&S 108% 107% „ 1st & r e f 5 % s 1952 ser B .M & S 101% 101 S ou th ern C a lif T e le p h o n e — 1st M 5s 1 947_____ 101 S ou th ern C a n a d a P r C o L t d — 1st M 5s 1955 ser A A & O r 98 98% S ou th ern C ities U tilitie s C o — 1st lien 6s 1951 ser A . . . J & D 101 100 C o n v d e b 6s 1936 ser A .A & O 98 100 S ou th ern C o lo r a d o P o w e r C o — 1st g 6s 1947 series A . J&J 101% 101% S ou th ern C o u n tie s G a s C o o f C a lif 1st g 5 % s M a y 1936 M&N 101 101% S ou th ern G a s C o — 1st 6 % s 1935 w ith w arr M & N S ou th ern G a s & P ow e r C o r p — C o n v 6 % n otes 1930 ____ J & D 98% 100 S f d e b 6 % s 1936 s e r A . _ . A & 0 S ou th ern Illin ois L t & P o w e r— 1st M 6s 1931 o p t ._ ____ J& J 103 104% S ou th ern In d ia n a G a s & E le c — D e b 7s 1934 _________ .J & J 100% S ou th N E T e le p 1st 5s ’4 8 __J & D 105 S ou th ern O h io E le c C o — 1st M 6s 1955 ____ __ _ .J & D 100 99 S ou th ern P o w 5s 1930 o p t ..M & S 101 99% S ou th ern Sierras P o w e r — 1st s f gu 6s S ep t '3 6 o p T 8 _ J&J S ou th ern T r a c — -See P h ila C o — S outh ern W ise P ow 5s '3 8 . .A & O S ou th w estern B ell T e le p — 1st & r e f M 5s 1954 ser A F & A 103 103% S ou th w estern G a s & E le c C o — 1st m tg e 5s 1957 ser A . _ . 96 B ond s. B id . S o u th w estern L ig h t & P o w e r— 1st & c o l 6s l9 3 7 _ _ ___ M &S 104 % S ou th w est P o w e r C o — 1st M 6 % s 1944 series A M & N 102 S o u th w estern P o w e r & L ig h t— 1st lien 5s 1 9 4 3 .. . . _ .J & D 97% D e b g 6s 2022 series A M&S 100% S o u th w estern P u b lic S e rvice C o — 1st M s f 6s 1945 ser A .J & J 98 S W M is so u r i RR 5s 1931 M & S / ____ S W M o E l Ry r e f 5 s ’ 23 M & S / ____ S pg B r ’k W a t 1st r e f 5s ’ 6 5 . A & 0 100% S pring V a l W a t 1st 5s ' 4 3 . .M & N 100 S prin gfie ld (O ) L t , H t & P o w e r — 1st s f g 5s 1 9 2 9 . ________ F & A 100 G en e ra l & r e f 5s 1 9 3 3 .. .A & O 99% S prin gfield & N E T r — 1st 5s 1936 . . . J& D 84 S prin gfield (O ) R y 1st 5s '3 5 M & S 54 1st M 5s 1 9 2 8 -1 9 3 4 . . M&S S ta n d a rd G a s & E le c o f D e la w a re 100 6 % g n o te s 1935 . . A&O D e b e n tu r e 6s 1 9 5 1 - . .F & A 99 D e b e n tu r e 6s 1966 . . J& D 99 S te in w a y R y — See N Y & Queens C o R y S tettin P u b U til 7s 1 9 4 6 . . .A & O 99 S u b u rb a n G a s C o o f P h ila d e lp h ia 1st s f g 5s A p r 1 ’ 52 o p ’07 A & O 102 Superior W a t e r , L ig h t & P o w e r — 1st 4s M a y 1 9 3 1 . . .. M & N 95% R e f 5s 1 92 9 _______________M & S S yracu se G a s g 5s 1 9 4 6 . .J & J 102% S yra cu se L a k e S h ore & N o r t h — 1st M g 5s '47 o p t ’ 17 .. M & N / 9 S yracu se L ig h tin g 5s g 1951 - J & D 102% 1st & r e f 5 % s 1 9 5 4 . . F&A S yra c R a p T r 1st g 5s 1946 M &S 73 2 d m tg e g 5s 1 9 3 0 . . . .J & J 74 T a c o m a R y & P — See P u g e t S oun d E le c T a m p a E le c tr ic C o — 1st M g 5s 1933 s f o p ___ J & D 100% T enesssee E le c tr ic P o w e r— . . . . 1st & r e f 6s 1947 ser A . . J & D 105% 1st & r e f 5s 1 9 5 6 . . . . J& D 97% T e n n P o w gu 5s 1962 o p t . M & N 98 T e n n W ater 1st 5s 1946 M&S T e rr e H a u te In d ia n a p & E a s t— 1st & r e f ’s f g 5s ’45 o p t . A & O 80 T e rre H a u te T r a c t io n & L ig h t— 1st c o n M g 5s 1944 _M & N 93% T e rr e H a u te E l 5s 1 92 9 ___ J&J n 9 9 % T e rr e H a u te W W C o r p — 1st M 6s 1949 ser A ___ __ J & D 102 1st M 5s 1956 ser B . _ F& A 93% T e x E le c R y d e b 6s 1942 _ J& J 22 1st & r e f 5s 1947 . . . -J & J 37% T e x T r a c 1st 5s ’37 o p t . . J& J T e x a s -L o u isia n a P o w e r C o — 1st 6s 1946 series A _ .J & J 96% T e xa s P o w & L t 1st 5s '3 7 .J & D 99% D e b g 6s 2022 ser A ____ J& J 99% 1st & r e f 5s 1956 . .M & N 95% T h ir d A v e n u e R v (N e w Y o r k ) — 1st r e f g 4s 1960 o p t a ft T 4 J& J 65% A d j in c g 5s J an 1960 o p t .A & O f 6 3 % T h ir d A v e RR 1st 5s g '3 7 .J & J 98 D r y D o c k E B w a y & B a tte r y 1st 5s g o ld 1 93 2 ________ J & D 85 G e n r e f M ser C in c Jan 1960 / 7 4 2 d St M & St N 1st 6s 1920 ext a t 5 % t o 1940 M&S 93% S ou B o u le v a r d g 5s 1 9 4 5 . J& J 65 U n io n R y 1st 5s g 1942 F & A 83% W e stch e ste r E l 1st 5s g '43 J& J Y o n k e r s R y 1st 5s 1946 .A & O 74 T h ir t y -fo u r t h St C rosstow n-— See N Y R y s T id e w a te r P r 1st & r e f 6s’4 2 . A & 0 1 03 % 1st & r e f 5 % s 1945 ser B A&O 99% 1st lie n & r e f 5s 1929 ser C .F & A T iffin (O ) W ater W o rk s C o — 1st M 5s 1932 ____ . . . M & N 94 T o h o E le c tr ic P o w e r (J a p a n )— 1st s f 7s 1955 ser A . M & S15 99 98 6 % n otes 1929- .J & J 1 5 T o k y o E le c L ig h t C o (J ap a n ) — 6 % 3 -y e a r g o ld n o te s 1 92 8 .F & A 98% T o le d o B o w l G reen & S ou th ern 91 1st M 6s 1941 . . _ _ .M & N T o le d o E d is o n 1st 7s 1941 M & S 107% 1st M 5s 1947 _______ M&S 100% T o l F rem & N o r w — See L a k e S hor e E l R v T o l G E & II co n 1st g 5s ’35 A & O 1 01 % T o l & In d ia n a 1st 5s 1 9 3 1 .. J& J 92 T o le d o T r a c t io n L ig h t & P o w e r — 5 % % n o te s J u ly 15 1 9 3 0 -J & J 1 5 99% T o p e k a E d is o n 5s S ept 1 9 3 0 -J & J 99% T o p e k a R y 5s 1930 o p t 1 9 1 5 -J & J 98% T o p e k a R y & L 1st 5s 1 9 3 3 .F & A 96% T r e n to n G & E l g 5s 1 9 4 9 . M & S 1 02 % T r e n t o n (M o )G & E 6 % s ’35 A & O 96 T r e n to n St R y c o n g 5s ’3 8 . J& J 55 T re n to n P ass 6s S ept 30 ’3 1 -A & O 87 T r i-C ity R y & L ig h t— 1st & r e f g 5s 1930 o p t __ J& J 98 T ri-S ta te T e le p & T e le g — 5 % s 1942 _______ __ _ ..M & N T r o y C it y R y — See U n T r (A lb ) 102 1st 5s 1 9 3 9 . . . . . M&N 98 28th & 2 9th Sts— See 3 d A v e R y 23d S treet R y — See N Y R y s T w in C it y R a p id T ra n s it C o — St P aul C it y 1st g 6s 1932 A & O n 103 1st co n s 6s g 1 934____ A & O n 103 C a b le c o n 5s 1937 ____ J& J15 95% G u aran te e d _ . . . . . . 95% M in n St & St P a u l C it y — C o n s gu ar g 5s 1 9 2 8 .. A & O 97% T w in S tates G a s & E le c tr ic — 1st & r e f 5s O c t 1 95 3 ____ A & O 101 1st 1 & r e f 5 % s 1945 Ser A .M & S 104 T y r o l H y d r o -E le c P o w C o — 1st M s f 7 % s 1955______M & M 1 00 % U jig aw a E le c P o w e r (J a p a n )— 1st M s f 7s 1 9 4 5 ___ . M & S15 99 U n d erg rou n d E le c R y o f L o n d o n 96 4 % s J a n 1 1933 _____ _____J&J In c o m e 6s Jan 1 1 9 4 8 . . . / 97% U n io n D e p o t — See U n ite d R y s St L ou is U n ion E l L t & P o w C o o f St L— 1st g 5s S ept 1 1932 s t p d .M & S 101% R e f & e xt 5s ’33 o p a ft 518 M & N 101% U n ion E le c L & P o w o f Illin o is — 1st g 5 % s 1954 s e r A _______ J&J 102 U n io n E le v R R — See N W E le v U n io n R y — See T h ir d A v e R y A sk 1 05 % 103 98 1 01 % 100 101% 100% 100% 56 101 100% 100 100 96% 11 75 102 105% 98% 82 95 100 104 94% 26 38% 98 100% 100 96% 65% 63% 98% 90 105 101 98% 98 99% 98% 98% 93 1 07 % 101% 93 99% 1 00 % 99% 100 99 103 100 95% 98 101% 105 101 99% 102 101% 102% B on d s. a P u r ch a ser a lso p a y s a c c r u e d d iv id e n d , b B asis, d P rice p e r s h a re , n o t p e r c e n t . / T h i s p rice in clu d e s a c c r u e d in te r e s t, P er cen t o f par v a lu e . r C a n a d ia n p r ic e , s Sale p r ic e , x E x -d iv id e n d , y E x -r ig h ts . B id . U n io n T r a c C o o f In d ia n a — . . . 1st 5s ’ 19 e x t a t 6 % t o '3 2 .J & J 20 In d ia n a p N o r th 5s 1 9 3 2 . J& J 21 M u n & U n C it y 5s 1936 J& J / 4 U nion W a t e r S e rvice C o — F irs t lien 5 % s 1951 ser A .M & N 95% U n ite d E le c L t & P o w e r B a lt— 1st co n s g 4 % s 1 9 2 9 . .. M & N 99% U nit E le c C o o f N J 4s ’4 9 . -J & D 88% U n ite d E le c R y s (P r o v id e n c e )— P r io r lie n M 4s J an 1946 ser B 79 G e n r e f M 5s J an 1951 ser A . 80 G e n r e f M 4s J an 1951 ser B 68 U n ite d E le c tr ic S ecu rities C o — C o ll t r g 5s 1933 t o 1 9 5 5 .-F & A U n ite d F u e l G a s 6s 1 9 3 6 . -J & J 103% 7 % s A u g 15 1 9 3 1 ______F & A 1 5 U n ite d F u el & S u p p ly — 1st M g 6s A p r 15 1 9 4 1 .-A & O 98 U n ite d G a s & E l (S F ) 5s ’ 32 J& J 100 U n ite d I liu m C o N e w H a v e n — 1st 4s F e b 1 1940 F& A 94% U n ite d L ig h t & P o w e r C o — D e b g 6 % s 1 9 7 4 __________M & N 100% 99% 5 % % g n o te s 1 9 2 8 . _ M&S 1st 1 & c o n s o l 5 % s 1 9 5 9 . A & O 99% D e b g 6s 1975 ... M&N 96% U n ite d L t & R y s 1st 5s '3 2 . . J & D 97% 1st 1 & c o n s M 6s ’ 52 ser A A & O 103 U n ite d P o w e r & T r a n — D e l C o & P h i t r c t fs 4s ’4 9 . J& J / 40 U n ite d R y s t r c t fs 4s '4 9 J& J 64% U n ite d P u b U til 6s 1 9 4 3 ____ J& J U n it R y s & E le c (B a ltim o r e ) ___M & S 1st c o n s o l g 4s 1949 70% 1st c o n M 6s 1949 . . __M & S 98 52% In c o m e g 4s 1949 o p '2 9 J & D I n c fu n d in g g 5s 1936 . J& D 76% 6 % g o ld n o te s 1927 . . . F & A 100 B a lt S pa rro w s P t & C h e s— 1st g gu 4 % s 1 9 5 3 ____ F & A 87 B a lt T r C o 1st M 5s ’ 2 9 .M & N 100 N o B a lt D i v 1st 5s ’ 4 2 . .J & D 100 C e n t R y c o n M g 5s 1932 M & N 100 E x t & im p 5s 1932 . . . M & S 100 L a k e R o E l 1st 5s ’ 4 2 .M & S 100 U n ited R a ilw a y s o f H a v a n a — E q 7 % s F e b 15 ’3 6 . . F & A 15 111% U n it R y s (P h ila )— See U n it P & T U n ite d R y s o f St L o u is — G e n g 4s J u ly 1 1 93 4 _____ J& J 76% G e n g 5s A p r 1 1923 g u .- A & O / 8 1 % St L o u is T ra n s C o 5s ’24 .A & O / ____ U n ite d T r a c t io n (A lb a n y )— C o n g 4 % s 2 0 0 4 _________ J & D 38 A lb a n y R y c o n M 5s g '3 0 J&J 72% G e n g 5s 1 94 7 _________ J & D T r o y C it y R y 5s g 1942 A & O 46 U n it T r (P it t s b )— See P h ila C o . U n ite d U til 1st 6s '43 o p ’ 18 J& J U rb a n a & C h a m R y G & E — 5s 1929 . . U ta h G a s & C o k e 1st 5s ’ 36 J& J 95% U ta h L t & P c o n s g 4s ’ 3 0 . -J & J 96 P 1 5s 1930 . __________ J& J 99% U ta h L ig h t & T r a c t io n — 1st & r e f 5s 1944 series A A & O 94% U ta h P & L 1st 5s 1944 . . . F & A 98% 98% D e b 6s M a y 1 2022 M&N 1st 1 & ge n M 6s 1944 . F&A 103% U tic a E l & P 1st 5s 1950 . J& J 102% U tic a G & E l r e f & e x t 5s ’ 5 7 . J& J 102% G e n 5 % s 1949 . . .J & D 15 104 G e n M 5s 1956 ser D _ .. A & O 100% U tica & M o h a w k V a lle y K y — 1st g 4 % s 1 9 4 1 ___________ M & S 60 U tic a B e lt L 1st g 5s '3 9 . .M & N 80 V alle y C o u n tie s P o w 5s '3 0 M & N 100% V e rm o n t H y d r o -E le c C o r p — 1st M 6s 1929 . ..A & O 100% V e rm o n t P o w & L t g 5s ’2 7 . M & S 99 V ick s b u rg G a s C o — Serial 6s 1 9 2 7 -1 9 4 5 . . . . J & J 95 V ic k sb u r g L & T r 1st 5s ’3 2 . J& J 99 1st M 7s 1 9 3 2 _____________ J& J 100 D e b e n tu r e 6s 1 9 3 0 . - . . M & S V irginia P o w 1st 5s 1942 J & D 101% V irgin ia E le c & P o w e r C o — 1st & r e f 5s 1955 ............... A & O 96 V irgin ia P u b lic S e rv ice C o — 1st & r e f 5 % s 1946 ser A F & A 96% D e b s f 6s 1 9 4 6 ___________ F & A 95 V irgin ia R y & P o w e r— 1st & r e f g 5s 1 9 3 4 ________ J & J 99% 99% N o r f & A tl T e r m 5s '2 9 M&S N o r f & P o r ts T r 5s ’36 .J & D 98% W ash A le x a n d ria & M t V e r n o n — 1st g 5s 1955 o p t ________ M&S / 7 C e r t ific a t e s ________________ / 3 W a s h in g to n B a lt & A n n E l— 1st M 5s M a r 1941 o p ___ M&S W ash C o a s t U til-—See P u g e t Sd P o w & L W a s h ’n (D C ) G L 5s 1 9 6 0 .. M & N 1 00 % 6s M 1933 series A . _ .A & O 104% W ash R y & E l g 4s 1 9 5 1 ____ J& D 83% G e n & r e f 6s 1 9 3 3 ______.M & N 103% A n a c o s t & P o t 5s 1 9 4 9 . . A & O 95% G u a r a n te e d ___ _____________ 95% C it y & S u b 5s g 1 9 4 8 . . . F & A 93 W a s h in g to n W ater P o w e r C o — C o n s o l & co ll t r g 5s 1929 J & J 100 1st r e f 5s 1939 o p . . ______J& J 102% W a te rlo o C e d F a lls & N o R y — 1st M s f g 5s 1940 o p '1 5 . J & J / 13 C e r tific a te s o f d e p o s it . . / 13 W a t e r t ’n L & P — See N o N Y U tii W e s tch e s te r E le c — See 3 d A v R y W e stch e ste r L t 1st g 5s '5 0 . J & D 103% N Y S u b G a s— 1st g 5s ’ 49 M&S W e s t C h ester (P a ) St R v — 1st g 5s A u g 7 1 9 3 2 _______ F & A 76 1st co lla te r a l 6s 1 9 3 9 ______A & O 90 W est E n d St R y — See B o s t o n E] W e s t L ib e r t y St R y — See P h ila C o W e st P e n n P o w e r — 1st M 5s ’46 o p ’ 21 ser A .M & S 100% 101 1st M 5s 1963 series E ____ M&S 1st M 5 % s 1953 series F . . A & 0 105 1st M 5s 1956 series G . J& D 100% W e st P e n n R a ilw a y s C o — 100% 1st g 5s J an 1 1931 . . . A& C P it ts M c K e e s & C o n n e lls R R 1st c o n s 5s Jan 1 '3 1 ____ J&.l 98 W e st P e n n T r 1st 5s 1 9 6 0 .-J & D 94% W P h ila P a ss R y — See P h ila R T k L a st sale , A sk. 23 8 97% 89% 81 82 70 103%" 100 95% 101% 100% 100 97 98% 104 65% 71 53% 76% 90 112 77% 82% 41 47 49 96% 97% 100% 94% 98% 99 104% 103 103% 105 101% 65 82 101% 100 98 100 101 101% 97 97% 96 99% 99 72% 101 84% 104 100% 103% 15 15 80 94 101 101% 105K 100% 100% 98% 95% n .N on lin e.. F e b ., 1927.] Bonds and Stocks. Westerly L & P 5s 1937____J&D Western N Y Utilities 5s ’46. J&D Western Power Corp— Deb s f 6% s 1954________ J&D Western Public Service C o 1st M 6s ser A 1950_____A&O Western States Gas & Electric— 1st & ref 5s 1941 op t_____J&D 1st & unif 6s 1947 ser A_ 6% gold notes 1937____ A&O Western T & T coll tr g 5s ’32 J&J Western United Gas & Elec Co1st 5%s 1955 Ser A ____ J&D West Un Teleg coll tr 5s 1938-J&J Pdg & R E M 4% s g ’50--M&N 6%s Aug 1 1 9 3 6 -.-...........F&A 25-year g 5s 1951_______ J&D s Mut Un6s ext at 5% to’41.M&N Northw’n gu g 4% s 1934--J&J Westphalia United El Pr (Germ) 1st M s f 6 % s 1950______J&D Whatcom Oo Ry&Lt 5s '35.M&N Wheeling (W Va) Electric Co— 1st M 5s 1941 op t_______ M&N Wheeling Trac 5s g 1931___ J&J Wichita RR & Lt ref 5s ’32 .A & 0 Wichita Water 6s 1949_____M&S 1st M 5s 1956. ser B _____F&A Wilkes-Barre G&E 5s’55 opt-J&J Wilkes-Barre & Hazleton R R — 1st coll tr g 5s 1951____M&N15 / Wllk & E Pitts St Ry— SeePhil Co W’msport Gas— 1st g 5s ’39-F&A Wilmington & Chester Traction—Coll trust 6s ext 1933___ A&O Wilmington (Del) Gas Co— 1st & ref s f os 1949______ M&S 1st & ref 6s 1949_________ M&S 1st & ref 7s 1949_________ M&S Wilmington (Del) Lt & Pow Co— 41 PUBLIC UTILITY BONDS AND STOCKS NOTICE.— All bond prices are “ and interest” except where marked Bid. Stocks. Ask. 101% 102% 101 102% 98 100% 102 103% 98% 101% 101 % 100% 101 103% 99 99% 111% 112 101% s 101% 101 % 98% 97% 99% 96 99% 98 99% 93 92 103 93% 101% 100% 96 93% 94% 102 47 49 95% 96 97% 101 103 98 97% 97% 99% 99 99 100% — r Ref M 6s 1954__________A&O Winnipeg E L St Ry 5s ’27. _J&J •Wisconsin Electric Power Co— 1st M 5s 1954 ser A _____F&A 100 101 Wisconsin Gas & Electric— 1st g 5s 1952 opt 1919____J&D 100 101 Wisconsin Minn Light & Power— 98 1st & rei 5s 1944 opt ’ 19—M&N 98% 105% Gen & ref 7s 1947_______J&J Wisconsin Power & Light— 1st & ref 6s 1944 ser C--M &N 102 1st & ref 5%s 1955 ser D-T&D 101 102 1st 1 & ref 5s 1956 ser E ..M & N 95% 96% Wisconsin Pow, Light & Heat— 93% 1st & ref 5s 1946______J&D 95 Wisconsin Public Service Corp— 1st 1 & ref 6s 1952 ser A __ A&O 102% 103% 1st & ref 5%s 1958_______ J&J 99% 101 Wise Pub Service Co— 99% 101 1st & ref. 5s, 1942______ J&J Wisconsin Ry Light & Power— 97 98 1st & ref 5s 1933_________ F&A Wiscon Riv Pow 1st 5s ’4 1 --M &N 95 96 Wisconsin Trac L H & Power— 99 1st M 5s July 1931_______ J&J — 1st M 7Ms July 1931_____J&J 106 Wisconsin Valley Electric— 99% 101 1st & ref 5s 1942________ M&N 1st mtge 5% s 1942______ M&N 102 — Worcester & Conn Eastern Ry 92 1st s f g 4% s 1943________ J&J 92 Wore Con St Ry 6% s 1930-F&A 95 80% 1st & ref g 4% s 1930_____F&A 90 92 Deb gold 5s 1927________ M&N 70 Wore & Clint 7s 1930_____ J&J Worcester Gas Light Co— 1st M 5%s 1939 series A ..J& J 105 1st M 6s 1939........... J&J 105 Wore & So St Ry 7s 1928--M&S 75 80 Yadkin River Pow 1st 5s ’41 .A&O 101% 101% Yarmouth Light & Power, Ltd— 89 1st M 5s 1937 __________ A&O 1st refunding 8s 1951-..--M &N 102 105 Yonkers R y— See Third Ave Ry York Haven Water & Power— 1st 5s June 1 19 5 1 .._____ J&D 100% 100% Cons M 5s May 1 1957--M&N 97 98 York Rys 1st M g 5s ’37 opt-J&D 93% 94% Youngstown & Ohio River— 1st M g 5s 1939 opt 1915--A&0 — Youngs-Shar Ry & Lt— See Pa-O P & L Youngs-Shar Ry & Lt —See Mah& S Ry & L SZanesv R y L & P— Se Col New & Zanesv PUBLIC U TILITY STOCKS Par Adirondack Power & Light__ 100 50 7% preferred______________ 100 106 8% preferred______________ 100 112 Alabama Power 7 % pref------100 109 6% preferred______________ (-f) d 93 All America Cables Inc______ 100 140 Allegheny Traction— See Phlla Or> Amer Brown-Boveri— See “ Ind. &, M isc.” __ Amer Cities Co 6% pref___ 100 Amer DisTel o f N J com (no part A 69 Preferred_________________ 100 108 American & Foreign Power— C om m on____________ (no par) d 19% Preferred_____________ (no par) d 87% Amer Gas & Elec com __ (no par) 6% preferred _____________ (f) A 97 American Light & Traction__ 100 227 Preferred__________________100 111% Amer Power & Light com ___ (f) d 58 Preferred__________________100 97% Amer Public Service 7% p ref-100 96 American Public Utilities___ 100 68 7% prior preferred________ 100 87 4% participating preferred. 100 71 Amer States Sec, com A ______t A 3% Common B _________________ f A 4 Warrants_______________ d % Amer Superpower Corp com A _ .f A 28% Common B _______________ (t) A 28% First preferred_______________ f d 94% Amer Teleg & Cable guar___ 100 28% American Telep & Teleg_____100 152% Amer Water Works & Electric— Common new______________20 A 65% 1st preferred (7 % )________ 100 107% Appalachian Elec Power____100 90 7% preferred______________ 100 99 Arizona Power_______________ 100 23 Preferred (7 % )____________ 100 78 108 115 109% 95 148 10 72 110 20 88% 98" 230 114 58% 98 98 90 75 4% 4% Vs 28% 29 95 29 153 65% 108% 102 24 82 i Par. Bid “ l " and income and defaulted bonds. Stocks. Par Bid. Ask. Consolidated Gas (N Y )— See und er N Y Ciy Arkansas Cent Power, $7 pref (t) d 103 7% Consol Power & Ltg pref (7% ) 100 100 Arkansas Natural Gas________ lO d 7% Arkansas Pow & Lt $7 p ref.-(f) 102% 103% Cons Trac of N J— See P S Corp 25 24 37% Consol Water (Utica) Cl A ..1 0 0 Assoc’d Gas & El com Cl A __(t) A 37 51 % 7% preferred______________ 100 105 Pref (original) $3% d iv ____If) d 51 87% Cons Trac (Pittsb)— See Phila Co Pref $6 dividend series_____(t) A 86% 173 Consumers Gas (Toronto)_____50 r 171 % Pref $6% div series________ (f) d 96 98 101% 103 Pref $7 dividend series_____(t) d 101 Consumers Pr (Maine) pf 6% .100 100% 106 Option warrants (full paid)___ d 103 106 6.6% preferred____________100 105 66 Option warrants ($55 par)_____d 63 Continental Gas & Elec c o m ., (t) A 210 Augusta-Aiken Ry &E1______ 100 7 % prior preferred________ 100 101% 102% 105 63" 104 58 Preferred_________________ 100 6% preferred______________lOo 127 Bangor Hydro Elec com ______lOO 125 Continen Pass Ry— See Phila R T 98% Cumberland Co(M e)P & Lt p f 100 d n96 7 % preferred______________ 100' 108 107% 97" Dallas Power & Light 7% pref 100 106 95 6% preferred______________ 100 Baton Rouge Elec C o ________ (t) d 60 Dayton Power & Light pref__ 100 101% 102 Preferred Series A _________ 100 101 Dayton & Western, comm on. .100 Bell Telephone (Canada)__ -.100 Preferred_________________ 100 139 % 140 Birmingham Elec $7 pref____(f) d 105% 106 % Denver Tramway (new) com ___ 28% 30 Blackstone Val Gas & E ______ 50 d 103 Preferred _ _______ _________ 105 97% Preferred_________________ 100 100 Derry (N H) Elec Co 7% pref. 100 134 135% Bleeck St & Ful Fy— See N Y Rys Detroit Edison_____________ 100 2 2% 90 Boston Elevated R R com ____100 Detroit United R y __________ 100 r 30 25 Preferred_________________ 100 101 Duluth-Superior Trac C o___ 100 40 35 1st preferred______________ 100 113 Preferred_________________ 100 105 2d preferred_______________ 100 104 Duquesne Light— See Phila Co—107 Brazilian Tr L & P L td_______ 100 114% 114% Eastern Conn Pow 7 % 1st p f_ 100 104 30 29% B ’way & 7th Av R R — See N Y Rys Eastern Mass St R y com ____ 100 70 48 46 Brockton Gas Light C o ______ 25 First preferred stamped___ 100 x 67 66 6 Brooklyn City R R ___________ 10.d 5% Preferred B stock_________ 1 00. ^ 63 46% 47% Brooklyn Edison Oo__________100l 151% 152 % Adjustment stock_________ lOOj 104 69 Bklyn-Manhat Tran v t c (no par) 'd 68 Eastern N J Power 8% pref__ 100 Pref v t c , ser A ______(no pary.d 87 26% 88 Eastern Shore G & El 8% pf.25 A 25% Brooklyn Union Gas___ (no par) d 89% 90% Eastern States Pow Corp com 15 A 12 96 Buffalo General Electric-(no paryd Pref without warrants_______ t A 95 28% Eastern Texas Elec Co new__(f) A 90 Buff Niagara & East Pow com (t yd 28 108" 26 Preferred__________________ 25 d 25% Preferred_________________ lOOi 106 Caiifornia-Oro Power pref____ 100! 102% East Bay Water (San Fr) com . 100 97 Calif Ry & Pow prior pref___ 100! 105 Preferred A _______________100 106 Cambridge Elec Light C o_______ Preferred B _______________100 177 180 Cambridge Gas Light C o _____25 d 79 East Read’g El— See Read’g Trac Camden & Sub Ry— See P S Corp! Edison Elec Ilium (Boston)_.100 x 218% 219 63% 65 Canadian General Electric__ 100: rn 50 Edison Elec Ilium (Brockton) __ Preferred____________________ |r 57 Eighth Ave R R — See N Y Rys 50 Cape Breton El Co pref______ 100 45 Electrical Securities, pref___ 100 106% 107% 104% Electric Bond & Share pref__ 100 Capital Trac (Wash, D C )___ 100 104 Carolina Power & Light pref. 100 108 108% Elec Bond & Share Sec C o r p _(f) A 69 Central Ariz L & Pow com ____ 100 Electric Investors— 34 Preferred_________________ 100 Com without war__________(t) A 33 95" 92 Cent Arkan Ry & L Corp pref. 100 101 $6 preferred_______________ (t) Cent Crosst RR — See N Y Rys $7 preferred_______________ (t) A 101% 1 0 3 " 17 Central Ga Power com _______ 100 100 90 Elec Power & Ltg tem ctfs____(t) d 16% Cent Hudson Gas & Elec_____100 185 Allot ctfs for pf stk 40% pd__ A 103% 104% 200 New w i_____________________ Allot ctfs for pref full paid___ d 103 34 29 96% 97% 100 Central Illinois Light 6% pf--100 Preferred temp ctf__________(t) A 96% 89 Cent 111 Pub Serv pref__ (no par) Electric Ry Securities__ (no par) d 5% 88 87% Elec Storage Batt— See Ind & M isc Cos Cent Indiana Power 7% pref. 100 86% 100 Cent Miss Val Elec Prop pref. 100 Elizabethtown Consol Gas__ 100 80 85 Eliz & Tren R R — See Pub S Corp Cent Pk N & E R R — See N Y Rys Elmira W, L & RR 1st pf v t e_100 100 101 Central Pow & Light 7% pref. 100 100 Central States Elec Corp_____ (t) d 18 El Paso Elec Co (D el)__ (no par) d 100 20 l (Is 93 Preferred_________________ 100 91 Preferred series A ________ ..100 106 108 s 117 Ches & Poto Tele of Balt pref. 100 s 116 Preferred series B _________ 100 106 68 Chic Aur & Elg Corp v t c ____(t) d 10 Empire & Bay State Teleg____100 72 15 86 Chic City & Con com part ctfs. (t) A 90 % % Empire District Elec pref____100 4% Empire Gas & Fuel Co pf 8% .100 100% 102 Pref partic ctfs________ (no par) d 4% 27 Chicago City R y _____________ 100 48 Empire Power Corp partic stk .(t) d ____ 89 Chic No Sh & Milw com _____ 100 $6 preferred_______________ (t) 35" 34 23 23% Common v t c _____________ 100 Engineers Pub Serv com ______ (+) 97% 98 Preferred_________________ 100 Preferred ($7)______________ (t) 69% 68" Prior lien stock____________ 100 Allotment certificates________ t 99% 100 Erie Lighting pref_______ (no par) d 34 36" Chicago Rys partic ctf s aeries 1. 5 Series 2______________________ 143% Essex & Hudson Gas________ 100 142 1 "% Fairm’t Pk & Hadd Pass R y— See Phila R T Series 3______________________ 1 Series 4 ______________________ 48% % Fall River Elec Light C o______ 25 d 47 Chicago Rapid Transit Co— Fall River Gas Works________ 25 d 58 60 Voting tr ctfs for com stock__ Federal Light & Tr c o m ______ 15 d 38% 9% 39 Prior preferred_______________ 102% 103% Preferred ( $ 6 ) _____________ (t) d 92 94 Florida Power & Lt p r e f_____100 101 103 98 7.2% prior pref ser B _________ 100 Chicago Sub Gas & Electric.-100 Ft Worth Pow & Lt 7% pref.-lOO 108 109 42 Preferred_________________ 100 Franklin Telegraph (guar)____100 25 27% Chris & 10th Sts R R — See N Y Rys Galveston-Houston Elec C o .. 100 66 Cincinnati Car C o___________(t) Preferred__________________100 68% 90 Cincinnati Gas & Electric____100 94% Gas & Elec of Bergen County. 100 94 Cincinnati Gas Transp______ 100 112% 114 Gas & Electric Securities____100 270 82 Cine New & Cov Lt & Trac___100 Preferred__________________100 90 Preferred_________________ 100 70% 72% Gen Gas & Elec (Del) com A _(t) d 42 42% 38% Common class B _________ (f) d 39 38% Cincinnati Street R y _________ 50 41 Cincin & Suburb Bell Telep__ 50 Preferred class A 7 % _( '' d 103 93% 93% 105% d 115 Cities Service com _____________20 Preferred class A 8 % _( 54% 55 118 97% Preferred class B 7 % _( 92% Preferred_________________ 1O0 92 98% 12% Preferred B ________________ 10 General Pub Serv c o m _______ (f) 13 8% 105 82 $7 preferred Preferred B B ______________ 100 .(+) A 103 $6 first preferred_________ -(+) d 96 Cities Service Bankers shares, (t) 98 27 60 Citizens Gas (Indianap) com . .25 Georgia Lt Pow & Rys com . .100 63 57 50 90 Preferred_________________ 100 Preferred________________ .100 93 Citizens’ Pass R y— See Phila R T d 91 Georgia Power $6 p f w i_____ 91% Citizens Traction— See Phlla Co Georgia Ry & El co stmpd_. .100 137 140 Georgia Ry & Pr pf cum 7% .100 105% 106 City Pass Ry— See Reading Tr 42 39 First pref cum 8 % _______ .100 120 City Ry (Dayton, Ohio)_____100 117 Preferred_________________ 100 Gold & Stock Teleg (guar)__ 100 70 75 119*' 10 Cleve Elec Ilium common____lOO 302% Grand Rapids Ry pref_______ 100 15 6% preferred______________ 100 108% 109% Great Western Power 7 % pref 100 103% 97% Cleve Painesv & Eastern R R .100 6% preferred_________________ , Cleveland Railway___________100 98k 23 J0 0 " Hackensack Water____________25 d 20 Coast Co Gas & El 1st pref__ 100 Preferred___________________ 25 d 25 94 28 2d preferred_______________ 100 Preferred class A ____________25 d Colorado Power pref_______ 100 100 95“ Harrisburg Lt & Power pref____50 d Columbia G & El new corp com ( f ) 85% Hartford Electric Light______ 100: 340 85 345 Preferred_________________ loo 100 100% Hartford City Gas Light com__25 A 76 78 Columbia Gas & Elec____(no par) ____ Preferred__________________ 25 d 51 Rights expire Feb 25_________ d 314 Havana Elec R y com receipts__ f d 26 28 Preferred_________________ 100 Preferred allotment certifs. .100 d 93% 97 Columbia (SC) Ry G & El pref.100 94 Havana Elec & Utilities________ t A 1st preferred________________ + d 66 Preferred_________________ 1O0 106 Haverhill Elec Light_________ 25 d 50 75 Helena Light & Ry com First preferred . 99 .100 Preferred__________________100 100 100 Preferred B __ .100 98% Holyoke Water Power_______ 100 97% 21 d 18 Houston Gas & Fuel pref_____100 1011 97 .100 140 140% Hudson County Gas_________ 100 142 143% A 42% 43 Idaho Power 7 % pref. 100 103% 104 Preferred_________________100 92% 92% Illinois North Utilities _ 100 88 91 ommunity P & L ls t p f 7 % ..1 0 0 0 99% 100 100 98% 100% Illinois Power & Light 7% p f..l0 2nd pref 8 % _____________ 100 Illinois Traction com ________ 100 Preferred__________________ 100 r ___ 8 l" 100 68% Ilium & Power Securities_____100 67 55 -(+) Preferred__________________ 100 112% 115 92 96 8 % p r e fe r r e d ________________lOO 120 Indiana Service Corp com ____100 100 130 123 6% % preferred _________ 100 104% Preferred__________________100 100 88 3 4 0 " Indianapolis Gas______________ 50 A 58% 330 60 Preferred___________ .100 105 107 Indianap Pow & Lt 6% pref. .100 100 98 onnectlcut R y & Light 68 Indianap & Southeast Tr pf__l00 70 100 Preferred_________________ 100 68 Indianapolis Street Ry C o____100 70 100 36 38 ons Gas E L & P (Balt). (no par) A 51% Indianap W W Sec pref______ 100 100 100 52 8% pref series A _________ 100 126% 127 Lnterboro R T vot trust ctfs_100, 100 44 47 7% pref series B _________ 100 113% Internal Ocean Teleg (guar)_100 100 101 104 6% % cum pref series O____ 100 l l l % i international Ry v t c 100 28 30 6% cum pref series D ______ 100 106% 107 International Telep & T eleg..100 .100 125% 125% a Purchaser also pays accrued dividend. A Price per share, not per cent, t New stock. h Ex-stock dividend, k Last sale. I In London, n Nominal. Canadian price. ."Sale price, u Ex-warrants, v Old Stock, w Ex-cash and stock dlvs. x Ex-div. u Ex-rights, t Without par v ilt r . 42 PUBLIC UTILITY STOCKS S tocks. Par. Bid. - ( + ) d 30 4% ft ) d .1 0 0 98 Iowa Southern Util, 7% pref. .100 98 International Utilities A . Class B ______________ Ask. Stocks. Par. North American Co com ______10 d 46% 6% preferred_______________ 50 d 50% North Amer Edison pref_____(t) d 98% Nor Amer Utility Sec— 90 Allot ctf 1st pref full paid. .100 40 Allot ctf 1st pref 50% paid. 100 North Boston L tg Prop com .(t) d 103% Preferred_________________ 100 108 91 Nor Indiana Pub Ser 6% pf--100 105 Northern N Y Util pref______ 100 11 Northern Ohio Power_______ (t) 80% Nor Ohio Pow & Lt 6% pref. .100 73 Nor Ontario Lt & Pow com __ 100 88 Preferred_________________ 100 Northern States Power______ 100 no Preferred__ ______________ 100 101% 30 Northern Tex Elec Co com __ 100 65 Preferred_________________ 100 Northwest Electric___________100 Preferred 7 % ______________100 Northwestern Teleg (guar)____50 d 48% Ohio Bell Telep pref_________ 100 111% Ohio Gas & Electric pref_____100 100 Ohio Oil & Gas________________ 5 d ____ 98% Ohio Power 6% pref_________100 Ohio Public Serv pref A (7 % ). 100 105 Ohio Biver Edison 7 % pref— 100 104 Oklahoma Natural Gas----------- 25 d ____ d ____ Certificates of deposit Omaha & Council Bluffs_____100 4 27 Preferred_________________ 100 Ottawa & Hull Pow Ltd____ (t) ]r 28 Preferred__________________ 100 r 97 Ottawa Light Heat & Pow__ 100 r 98% Preferred_________________ 100 r 103% Ottawa Traction_____________100 r 65 Pacific & Atlantic Tel (gu)__ 25 d 17 Pacific Gas & Electric new__ 25 d 32 Bights expire Mar 1_______ ...| First preferred_____________100 100 Pacific Lighting Corp_______ 100, 312 98% Preferred (6 % )____________lOOt Preferred ( 5 % ) ___________ 100 j 88% Pacific Pow & Lt 7% pref------ 1001 103 Pacific Telep & Teleg________ lOOj 129% Preferred_________________ 100 108% 90 Patereon & Passaic Gas & E1.100 83% Pawtucket Gas pref_________ 100[ Peninsular Telep Co com _____100 133 Preferred_________________ 100 102 Penn Central Lt & Pow p r e f..(t ) d 72 Penn-Ohio Edison 7% pr pref____| 98 Penn-Ohio Elec Co pref______ 100 Penn-Ohio Pow & Lt 8% pref. 100 109 99% 7% preferred_____________ lOOj 93 Pennsylvania Gas & El 7% p f 100 Pennsylvania Pow & Lt p r e f..(t ) d 107% Pennsylvania Water & Pow__100j 178 People’s G L & C (Chic)_____lOOj 128% Phila Co (Pittsburgh)_________50 d 84% 5% non-cum preferred______ 50 d 40 6% cum preferred___________ 50 d 50% Allegheny Traction__________50 A 20 Citizens Traction___________ 50 d 37 Consolidated Trac pref_____ 50 d 25 Duquesne Light 1st pref__ 100, 115% Federal St & Pleasant Val__ 25\d 12% Ask. [ V o l . 124. Stocks. Par Bid. 46% Koch & Syracuse KB com ____100 15c. 5c. 51 Preferred_________________ 100 % 1 100 99 St Jos Ry, Lt & Pow, pref____ 100 73 St Louis Pub Serv___________ (+) d 18% 19 .100 22 San Joaquin Light & P ow er.. 100 100 Preferred_______________ 42 70 Preferred A 7 % ____________100 Jersey Cent Pow & Lt pref. .100 97% 99 105 Prior preferred_________ ..1 0 0 108 110 \ (t ) d 112 113 Savannah El & Pow deb stk._100 112 115 Kansas Elec Pow 7 % pref___ .100 99 93% 6 % preferred_________________ 82 .100 103 107 103% Scioto Val By & Pow, c o m .. 100 5% .100 105 11% First preferred_____________ 100 56 100 83 Preferred__________________100 28 31 100 95 97 Shawinigan Water & Power_100 r 276% 277 4% 90 50 d New _______________________ (t) r 69% 69% Preferred______________ 110% Sierra Pacific Elec Co com ____ 100 26% . 50 27% 102 20 Key System Transit, pref. 25 Preferred_________________ 100 90 61 64 Prior preferred________ Sioux City Gas & El 7% pf_.100 101% 102” .100 X 106% 107% 70” Somerset Un & Middlesex Lt.100 72 73 Laclede Gas Light___ .100 177% 183 ■Southeast G & E 1 7 % p f d ____100 s 5% s Bights, expire Peb 5. 5% Southeastern Pr & Lt com _(t) d 30% 30 % 100 97 100 50 Preferred ( $ 7 ) _____________ (ti d 101% 102 Lake Shore Electric, com ___ .100 112% South Calif Edison new com __ 25 d 32% 33 100 6% preferred new____________ 25d 24% 25 100 7% preferred new____________ 25d 28 28% 99 115 .100 r 8% preferred_________________25d 35 40 par) d 16 106% Southern Canada Power_____100 r 89 90 16% . .50 d 26 105 Preferred_________________ 100 r 100% 101 .50 d 48% Preferred_ 23 Southern Cities Utilities com . 100 27 39% 82 25 d 39% Preferred__________________ 100 84 147% 6 Southern Col Pow com A -------- 25 d 26% 26% -< + ) d 143 108 109 30 98 100 Preferred_________________ 100 99% 1 0 0 % .100 South & Atlan Teleg (guar)____25 d 22 24” Loulsv Gas & Elec com cl A . - i t ) d 24% 97% Southern Gas & Pow 7 % pref 98 100 100 38 100 Class A stock______________ (t) d 22 22% 100 62 89 Southern Indiana G & E 6 % pref. 92 25 d 66 68 Southern New Eng Telep____100 155 157 19 25 d 76 78 So Jer G El & Tr— See P S Corp '.3 2 % Southwestern Bell Telep pref. 100 100 126 130 115 115% 72 94% .100 71% 96 % Southwestern Gas & El 7% pf_10O par) dr 54 100% Southwestern Lt & Pr com A __(t) d 65 320 84% 86 .100 Common class B ___________(t) d 65 49% 50% 99 .100 Preferred________ * .________(t) d 85% Manila Electric Corp____(no par)\d 41% 43% Southwestern Pow & L p re f.. 100 104 105 Marion (O) Water, c o m ._ (no par);dd ____ 10 5 ” Southwest Missouri R K ______ 100' 4% 6 135 Market St B y (San Francisco). 100 50” Springfield (Mass.) G L C o— 25 6 2 '" Preferred__________________ 100 20 26 Springf (Mass) St By Cos pf._100 60 65 Prior preferred____________ 100 43 44 Springfield (M o) Ry & L, pref__ 100 12 85 Second preferred___________ 100 15 Spring Valley Water_________ 100 102% 102% 137 Massachusetts Gas Cos______ 100 87% 88 Standard Gas & Elec com (no par) d 54% 54% 74 104 Preferred__________________ 100 75 7% cum prior pref________ 100 104% 105% 73 77 Massachusetts Ltg Cos, co m _ .(t d 75 8% cum preferred__________ 50 d 57% 57% 100 6% preferred______________ 10i 95 99 Standard Pr & Lt Corp p re f-.(t) d 97 99 120 99 8% preferred______________ 100 115 Staten Island Edison c o m v t c ( t ) d 85 d 108 108% 110 99 $6 first preferred---------------- (t) 101'” d 95 100% Sub R T St Ry— See Phila Co 96 d ____ 96 Superior Water L & P com ___100 Preferred. 108% Preferred_________________ 100 58% 180 Tampa Elec Co new stock____ (f) 60 130 d 110% 111” Tennessee El Pow 1st pf (7%) 100 103 103% Preferred__________________ 100 d 107 107% 93 88 1st preferred ’(6 % )________ 100 94 118% 2 Prior lien stock____________100 118 Terre Haute Ind & East______ 100 3 98 99 51 23 Midland Utilities prior lien. ..1 0 0 Preferred_________________ 100 25 97 98 Terre Haute Tr & Lt pref____ 100 25 Preferred class A ___________100 Milwaukee Gas Light 7% pref 100 Tex-Louisiana Pow 7% p re f.. 100 90” 97% 30' Milw Elec By & Lt, 6% p re f.. 100 Texas Power & Light 7% pref. 100 106 106% 104% 105% 39% Minnesota Pow & Lt 7% pf_-100 115% Third Avenue Ry (N Y )--------100 40% 62 66 Mississippi Biver Power_____100 15 Tidewater Power 8% pref____ 100 106 107 94 96 Preferred__________________ 100 96 7% preferred______________ 100 97 90 50 d 23 Mobile Electric, pref________ 100 Tol Bowl Gr & Sou Tr com 50 d 25 23 Mohawk-Hudson Power com _(t) d 22 Pittsburgh & B ’ham T r. Preferred 5 % __________ First preferred_____________ (t) d 101% 102% 50 d 24 Toledo-Edison prior pref(8% )100 115 117 101 pr Second preferred___________ (t) d 98 50 d ____ Preferred A ( 7 % ) . . — _____ 100 106 107 Mohawk Valley C o___________ (f) d 36 25 d 49% 49% Tri-City Ry & Light pref____100 40 91 93 Monongahela L & P— See PhllaCo . 50 d 53 53% Tri-State Telep & Teleg_______ 10 d 8 10 Monongahela St By— See PhllaCo 200 Preferred__________________ 10 d 9 50 d 185 10 24% d 80 Troy (N Y ) Gas_____________ (nopar) Monon-West Penn P S 7% p f.25 d 24% 50 d 70 82 82% 81% Montana Power_____________ 100 188 50 d ___ k 39% Turners Falls Pow & Elec___ 100 192 Preferred__________________ 100 118% 50 d 230 245 23d Street— See N Y Railways 70% 75 61 50 d 70 Twin City Rapid Transit_____100 65 Montreal L H & Pow, c o m ..(t ) dr 70 50 d 60 65 99 102 Preferred_________________ 100 r 50 26 Union St R y (NewBed,Mass). 100 .50 d 20 85 ____ k 39 r 174% 175 Montreal Tramways, com ___ 50 Union Trac of Ind common__ 100 1 110 Debenture 5% stock_______ 50 d 100 First preferred_____________ 100 10 r 174 175” 22 50 d 18 Second preferred___________100 2 57 d 18 50 d 54 Mountain States Power, com . Un El L (Springfield,Mass.).100 485 500 97% 101 Preferred_________________ 57% United Elec Ry (Providence) .100 50 d 57% 55 130 128 160 50 d 150 United Elec Secur pref_______ 100 26% Municipal Service Corp pref. (t) d ____ 90 ' 2d & 3d Sts B y guar. 50 d 150 160 100 United Gas & Elec pref______ 100 Narragansett Electric___________ d ____ 69 50 d 160 72 170 United Gas & El of NJ 5% pf-100 National Elec Pow cl A ______ (t) d 25 50 d 100 110 89% Union Pass ($30 5-6 25% United Gas Improvement n ew .50 d 89% 95% 36 % United 111 Co or New H a ven ., (t) d 83 84% Union Traction ($17) .50 d 36% 24 50 d 115 130 United Lt & Pr com A ___ (no par) d Preferred_________________ 13 70 Common Class B ____ (no par) d Phila & Western By com . 50 d 12% National Power & Light com . d 20 20% 37% 50 d 36% Preferred Class A ____ (no par) d 40 d 101 % 102% 45 Preferred Class B ____ (no par) d 100 22 Co d 21 United Rys & El (Balt) com __ 50 d 20% Pittsb & Birm Tr 21 Nat Public Serv Corp A c o m .. 16% Class B com m on__________ d 15% --lO tf 11% United Rys Investment Oo__ 100 112 109 ____ ..10 d -----Preferred_________________ 100 97 94% 30 Preferred, new________________ 10A United Utilities.-_____________ 100 107% 108% Portland (Me) Gas Light______ 50 d 80 95 Preferred_________________ 100 28 31 25 20 Portland Elec Power com ____ 100 U S & Foreign Sec Corp— dx 88 Preferred. 94 98 98% 96 88% Prior preferred____________100 Allot ctf 1st p f full pd___ dx 80 84 81 91 82 Allot ctf 1st pf 75% p d ... 1st preferred______________ 100 72 d 82% 83% 68 Utah Power & Light pref_____100 104% 105% 2d preferred_______________ 100 V 100 % 100% Porto Bico Bys L td___________ 100X 54% Utica Gas & Electric pref____100 104% 105% 28 $7 preferred____________ z 95 Preferred_________________ 100 Utilities Power & Lt Cl A (no par) d 27% d 50% 51% Potomac Elec Pow pref______ 100 1 0 9 Class B ____________________ (nopar) New Eng Power Assn, com . 14 Preferred_______________ 10 40 89% Power Corp of N Y com ______ (t) 88% Utility Shares Corp com .(no par) 11 5 10 Power Securities com ____(no par) Common stock option________ d 2 2% 33 30 118 K 118% 19 Second preferred______ (no par) Participating prer_____ (no par) d 18 New Haven Water_________ 86 d 86 87% Providence Gas_________________50d 84 Virginia Elec <& Pow 7% pret.100 105% 107 104 98% 99% Virginia Pub Serv 7% pref__ .100 103 96 New Orl Pub Serv, 7% pref. Public Service of Colo pref___100 99 Newp N & Hamp B y, G & E 114 97 14 Public Serv. Co. of N IL $7 p t.(t) d 95 Wash Balt & Annapolis_______ 50 d 12 Preferred________________ 114 Public Serv Corp of N J . . (no par) d -----Preferred__________________ 50 d 17 25 33% Washington (D O) Gas_______ 20 d 69 69% N Y Cent Elec Corp 7 % p f. . 102% New stock_________________ (t) d 33% New York City— Consol Ga d 99% 99% 182 8% preferred______________ 100 125% 130 Wash (D C) R y & El com ____100 180 90% 110% 91 Bights, expire Mar 17___ d 3% 7% preferred______________ 100 109 Preferred_________________ 100 3% Preferred________________ .50 d 56 99% Washington Water Pow C o__ 100 136 139 57 6% preferred______________ 100 98% 41% Western Power Corp________ 100 Pref rights, expire Mar 17. Consolidated Trac of N J _100 40 d % % 98” Rapid Transit St By C o__ 100 115 Preferred_________________ 100 144” Western States Gas & Elec__ 100 16 d 95% to 2d payment_______ So Jersey Gas & Elec T ra c.. 100 142 95% 103% d 13 15 N Y Bys Corp pref tr ctf. Pub Serv El & G 6% pref____100 103% Preferred_________________ 100 115 New York Bailways____ Public Serv Elec Pow pref____100 114% Western Union Telegraph___ 100 149 151 30% Public Service Co of Nor 111_(t) d 132% 134 West’h’se El&Mfg— See und Misc 18 101% 15 B ’way & 7th Ave guar. 6% preferred......................... 100 102% 104 West Penn Elec Co Class A _(t) d 101 16 108 i 14 7% preferred______________ 100 113% 7% preferred______________ 100 107% 112 112% 32” West Penn Power 7% pref__ 100 i 4 10 Puget Sound Power & Light_100 30 102% 87 i 126 6% preferred______________1001 84 6% preferred______________ 100; 102% 107 i 4 6 7% preferred______________100'a 104 49% Nlnth Avenue guar 6 % __ West Virginia Utilities pref____50 d 48% 222% Winnipeg Electric C o________ 100 r 63% 39 Quebec Power com __________ 100> 222% i 37 10 3” 19 Preferred_________________ 100 r ____ Twenty-third Si guar_____ 16 Preferred_________________ 100 r _. 99 101 24 Wisconsin Power & Light pref____ 10 9 * New York State Bys, com __ i 17% Queensboro Gas & Elec 8% pf-100 108 103 Wisconsin Pub Ser Corp pref. 100 101 45 Bap Tran St By— See P 8 Corp | i 37 24 Wisconsin Telep 7% pref_____100 110% Beading Traction_____________ 50 d 22 d 105% ___ 162” 100 City Passenger B y _________ 50, d 97 Worcester Elec Light C o_____25 d 155 d 93% 62 Worcester Gas Light_________ 25 d 59 65 113% East Beading Electric B y __ 50, d 62 113 40 York (Pa) Railways common_50 d 50 Beading Transit Co class B pf._50 50 d -----30” 124 Preferred__________________ 50 d 35 28% Republic By & Light com ____ 100 119 d 27% Preferred_________________ 100 120 Youngstown & Ohio Riv RR .100 10 7' 7 % preferred Preferred ________________ 100 113% 113% Bochester G & E 7% pref____ 100 104 ___ 103 d 33 102 6% preferred_________________ 0 Purchaser also pays accrued dividend, d Price per share, not per cent, t New stock, h Ex-stock dividend. Jt Last sale. I In London, n Nominal" r Canadian price Sale price, t.New stock, u l Cx-warrants. tOld stock, x Ex-dividend, v Ex-rights, t Without par value. 31% 4% 43 INDUSTRIAL AND MISCELLANEOUS SECURITIES Under the heading “ Industrial and Miscellaneous Securities” we Include all Issued which do not appear under the previous two headings, namely Railro ad (Steam)” and “ Public Utilities.” In the case of stocks, however, we put “ Textile Manufacturing,” "Insurance.” “Mining,” “ RealEstate and Land.” “ Title Guarantee and Safe Deposit Companies” under separate heads, then follow with the rest of the “Industrial and Miscellaneous.” NOTICE.— All bond priceB are “ and Interest” except where marked “ f” and Income and defaulted bonds. B onds. B id. INDUSTRIAL & MISCELLANH OUS B Abltibi Pow & Paper 6 s 1940 J&JI 103 Adams Exp coll tr g 4s '48-M&S 89 M Coll tr g 4s 1947 ________J&D f 84 34 Alax Rubber s f 8 s 1936____J&I 106)4 Alabama Cons Coal & Iron— 1st cons M 5s 1933 M&N 96 Ala Steel & Shipbldg— See Tenr C, I & Alaska Gold Mines deb 6s’25M&S / 3 Deb 6 s 1926 ser B . M&S / 3 Allied Packers deb 6 s 1939—J&« 59 1st M & coll tr 8 s 1939____J&J 7134 Alpine Montan Steel Corn— 1st s f 7s 1955_____ . . M&S 96 34 Aluminum Co deb 7s 1933—A&C 10514 American Agric Chemical— l s t r e f s f 7H s 1941- ...F & A 10414 American Beet Sugar Co— Oonv s f deb 6 s 1935- - - F&A 9614 Amer Chain deb 6 s 1933-- A&C 101)4 Amer Cot Oil g 5s 1931 opt M&1S 95 M American Ice Securities— American Ice Co— R E 1st & gen s f 6 s ’42 opt ’ 13__ F&A 103 Conv 7% notes 1939. - J&l Am Mach & Pdy s f 6 s 1939-A&C 104 Am Republic Corn 6 s '3 7 --A&C 99 103M Amer Rolling Mill 6 s 1938—J&J Amer Smelt & R ef 5s 1947--A&C 10 1 1st M 6 s 1947 series B_ A&C 108 Amer Sugar Refg 6 s 1937__ J&J 104 % Amer Thread 6 s 1928-- - J&E Amer Type Fdrs deb g 6 s ’37-M&1S 102)4 Deb gold 6 s 1939 _____M&N 102)4 104 Deb gold 6 s 1940 ____ A&C Amer Writ Paper s f 7-6s '3 9 -J&J / 5354 Temp Interchangeable ctf dep- / 57 Anaconda Copper Mining— 1st con 6 s 1953 series A --F & A 10414 Oonv deb 7s 1938 - - F&A 10754 6 % gold bonds 1929 ser A J&J 10214 Anderson-Tulley Co 6 s 1935 9814 Andes Cop Min deb 7s 1943-J&J 10754 Andlan National Corp Ltd— 1st M s f 6 s 1940 ________ M&S Without warrant . „ __ 10 1 x Anglo-Chilean Cons Nitrate— Deb 7s (& stk sub rts)’45-M&N 8954 Antilla Sugar 7 Hs 1939 A __ J&J 9654 Armour & Co o f Delaware— 1st M 5 K s 1943 ser A ___ J&J 9554 Armour & Co— Real estate 1st 9214 gold 4Ms 1939 opt - - J&D Associated Oil 6 % notes '35-M &S 10214 Associated Simmons Hardw Cos 97 6)4% gold notes 1933____J&J Atl Fruit & SS deb 7s ’3 4 .-J&D Certificates of d e p o s it ______ / 1554 Ctfs dep stpd stk instead of bds / 2014 Atl Gulf & W Indies SS Lines— 72 Coll tr g 5s Jan 1 1959-- J&J Atlantic Refin deb 5s 1937 J&J 10114 Baldwin Locomotive Works— 1st s f 5s 1940 opt aft ’ 15-M&N 10614 Baragua Sugar (Comp Azucarera 108 Baraqua) 7)4s 1937*____J&J 15 Barnsdall Corp deb 6 s 1940 J&J15 105 Without warrants - _______ 9354 Beacon Oil deb 6 s 1936 M&N 10214 98 Beaver Board Cos 8s 1933- J&J Beech Creek C & C 5s '4 4 --J&D 9514 97 Beld’g-Hem’way 6 % notes’36 J&J Bethlehem Steel Corporation— Cons s f 5)4s 1953 ser B - F&A 9954 Cons mtge 6 s Aug 1948--F&A 10214 Cons mtge 6 s 194*8 ser A F&A 1 0 2 34 Secured 5% notes 1929. J&D 15 9954 99 Secured 5% notes 1930- J&D15 98 Secured 5% notes 1931. J&D15 Secured 5% notes 1932. J&D15 9714 Beth St pur m 6 s Aug ’98-O-F 11614 Beth St 1st 1 & ref 5s '42-M&N 10014 Purch money 5s 1936__ J&J 9814 Penn-Mary Steel 5s 1937-J&J 10 1 Bloedel-Donovan Lumb M 6 s ’28 9814 Booth Fisheries s f 6 s 1926 A&O 100 97 Borden Mills 1st s f 6 s 1934 F&A 88 Boston Term Co 3)4s 1947-F&A 91 Botany Consol Mills 6 )4s ’34 A&O Brier Hill Steel 5)4s 19 42..A&O 104 99 Brown Co 1st 5)4s 1946__ A&O Brunswick-Balke-Collender Co— 100 6 % serial notes 1928-29.- J&J Buffalo & Susq Iron 5s 1932 J&D 9214 Bush Term 1st 4s 1952_____A&O 9054 Cons g 5s Jan 1955_____.J&J 9514 Bush Term Bldgs 1st 5s ’60 A&O 10054 By-Products Coke Corp— 1st M 5)4s 1945 ser A . . M&N 10 1 Cady Lumber 6)4s 1939 __ M&N 9814 Calif Petroleum 6 Ms 1933--A& 0 10314 Conv deb 5)4s 1938. —M&N 10 1 Camaguey Sugar 7s ’4 2 .-A&O 15 9954 Canada Cement 1st 6 s '29 op A&O r 10154 ___ Canada SS Lines 7s 1942—M&N Deb 5s Aug 15 1943- — F&A 15 98 54 1st & gen m 6 s 1941 ser A A&O 9814 Canadian Car & Fdy Co, Ltd— 1st s f gold 6 s 1939 ___ J&D 10314 Canad Cons Rub 6 s 1946-.A & O ■ 10254 Canadian Cottons 5s 1940_J&J2 9654 Canad Gen Elec 6 s 1942 —A&O Central Foundry M ay 1931-F&A 96 Cent Hud St’boat 5s Apr ’33 A&O Central Leather 1 st s f 6 s ’45-J&J 10114 Central Steel 1st 8 s 1941 .M &N 11814 Charcoal Iron o f Am 8 s '31 .M&N 42 Chic Jet coll tr ref g 4s ’4 0 .-A&O 8914 Coll trust ref 5s 1940____A&O 10114 Chic Un Sta— See Steam RR bds Clearfield Bit Coal 4s 1940 .-J& J Clyde SS 1st 5s 1931 op t__ F&A 9814 Col Fuel & Iron s f 5s 1943.-F&A 9714 1Basis Ask. >1 B onds. B id. Ask. B onds. B id. Asjc. ONDS. Colo Indus 1st 5s A & B '34 F&A 94 y4 75 9434 Independent Brewing 6 s '55 J&» 105 9834 10 1) 102 963" Coll tr s f 514s 1935. . . . J&«i 103)9914 104 9134 9234 Indiana Steel 1st 5s 1952 _M&N Ingersoll-Rand 1st g 5s Dec 3 8514 Commercial Invest Trust Corp— 5% gold notes 1928______bf&N 1935 opt Dec 31 1910____J&. Basis 5.80% 10614 1003" 5% gold notes 1929_____M&15 Basis 5.90% Inland Steel 1st 6 s 1927-28--A&C ... Deb g 534s 1945— M&lN 5% gold notes 1930 ._ _M&N 102 102)4 RR Inspiration Con Cop 634s ’31 M&S Computlng-Tabulating-Rec Co 1013" .101)4 Internal Agricultural Corp— Sinking fund gold 6 s 1941 J&. 314 10434 105 4 1 st & coll tr s f g 5s ’32 op M&N 83 89 34 Consol Cigar 6 % notes’36 A&O If 100 100)4 60 Stpd ext to 1 9 4 2 - . __ M&N Consol Textile 1st 8 s 1941.-J&E 96 83 813" 9634 72 Internal Mercantile Marine— Consol Coal 4)4s 1934 op t—M&N 94 93 82 1st M coll trust 6 s 1941--A&C 99 1st & ref s f g 5s 1950____J&E 8 1 31 983" International Paper— 95 98 9654 Consumers Co 1st 6 s 1946 -J&. 1st & ref s f 5s 1947 ser A . J&, 98 99 105)4 Continental Pap & Bag Mills Corr R ef mtge 6 s 1955 ser A._M&S ! 1 0 2 b 77 1st & ref 6)4s 1944 Ser A .F&A 7634 102)4 Con deb 6 s 1941. — A&C 98 10454 Ccrn Prod Ref 1st g 5s 1934- M&1S 102)4 103)4 98)4 Cramp (Wm) Sons Ship & Eng Bldg Internat Salt g 5s 1951 o p _A&C 84 86 Internal Silver 1st 6 s 1948--J&I 107 1st M g 5s 1929 o p t .. M&S 9754 108 102 Debenture 6 s 1933_______ J&. 99)4 Crew Levick Co 1st 6 s 1931.F&H 10 1 9934 99)4 96 Jeddo-Highland Coal Co— 98 99 6 % gold notes 1928_____J&« 1st m leasehold 6 s 1941 .M & l 1 10234 103 Crown Cork & Seal 6 s 1942-F&A 9634 9634 Crown Willamet Pap 6 s ’51 J&. 10034 10034 Jefferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950 J&J 93 10314 Cuba Cane Sug deb 7s 1930--J&J 95 98)4 9834 ___ 103)4 Conv deb 8 s 1930 _____J&. 103)4 10034 10034 Jones & Laughlin St 5s ’39.M&N 10414 Cuban-Amer Sug 8s ’31 M&S If 10734 .08 34 Jurgens (Anton) Un (Margarine) Wks conv 6 s 1947 (flat) -J&; / 105 9914 Cuban Dominican Sugar Co— 106 ___ 1st lien s f 7)4s 1944____M & f 9934 Kaufmann Dept Stores Corp— 9934 6 % notes ’35 with warr’ts F&A 10154 Cudahy Pack s f 5s 1946__ J&I 9934 9934 100 9934 10814 Sink fund deb g 554s ’37..A&C 9734 Kayser (Julius) & Co— 97M 1st M s f 7s 1942____ F&A 15 107)4 ’ 07 34 105 Cuyamel Fruit Co— 99 1st mtge 6 s 1940.. .........A&O 98)4 s 10134 9434 Keith (B F) Corp 6 s 1946--M&S 9434 Davison Chem deb 6)4s ’31.J&. 94 M 104 9534 Kelly-Springfield Tire Co— 8 % g notes M ay 15'31 M&N 15 10234 104 10314 De Bardeleben Coal Corp— 634% Keystone St & Wire 8 s ’41-.A& C 108)4 109)4 1st M 6)4s 1927-1943 J&J b 7.1( 105 79 Kinney (GR) Co 734s 1936.J&E 10 1 Dery (D G) Corp 7s 1942 -M&S 78)4 60 102)4 99 Denver Un StkYds 5s 1946 .J&J 9934 Knight (B B & R) 7s 1930--M&S / 17 20 60 Dodge Bros deb 6 s 1940 __ M&N 9434 Kresge Foundation 6 s ’36__ J&D 9434 10234 103 89 8934 Krupp (Fried) Ltd— 10454 Dold (Jac) Pack 1st 6 s ’42-M&F 89 7% dollar notes D ecl5’29 J&E 102)4 10 2 )4 ---10754 Domin Coal 5s '40 op '10 -M&N La Belle Iron Wks 1st 5s '40 J&E 9734 | 10254 Dominion Glass Co, Ltd—• 103 34 104)4 ion Lackawanna Steel 5s 1950—M&S 99 M 100 10714 Domin Iron & Steel 5s 1929 .J&J r ____ 51 50 Lake Superior Corp Inc 5s ’2 4 .Oct / - - - . Con 5s ’39(currency series)M&S 47 63 1st & coll tr gold 5s 1944 ..J&D 100 Donnacona Paper 6 s '40___ J&D 9434 95 )4 102 102)4 Lehigh Coal & Nav fund 4s ’48 J&J 96 Donner Steel 7s 1942 __ J&J 9634 Cons s f g 4)4s 1954_____J&J 98 34 99)4 Leh & W-Barre Coal— See Cent R R of N J, P- 31 8954 Eastern Cuba Sug 734s ’3 7 --M &S 107 34 108 20 Libby M cN & Libby 7s ’31 M&N 103)4 104 9614 Eastern Steel 5s 1931______ F&A / 16 99 Elk Horn Coal 1st 634s 1931 .J&D 9934 Liggett & Myers g 7s 1944—A&O 120)4 121 )4 Gold bond’s 5s 1951______ F&A 7% notes 1931 with warr..J&D 9534 96)4 102)4 103)4 9514 9734 Liquid Carbonic Corp—• Without warrant_______ H 99 98 1st conv 6 s 1941 _____ F&A 10734 107)4 9254 Fairmont Coal 5s 1931____J&J 83 88 Little (A E) Co 7s 1942____A&O 61 65 10254 Farmers M fg Co 7s 1943__ M&S 82 86 Loew’s Inc deb 6 s 1941 _ .A&O 10334 103)4 Federal Sug Ref 6 s 1933— M&N 91 90 Lorillard (P) Co g 7s 1944--A&O 118 119 9714 Federated Metals s f 7s ’39- - J&D Gold bonds 5s 1951______ F&A 99 9734 Fiat s f deb 7s with war ’46 J&J 9734 100)4 Lukens Steel 1st M g 8 s ’40 M&N 103 Fisk Rubb Co 1st 8 s 1941_M&S 11534 116 104 24 5)4% s f notes 1931—J&J 9734 9734 Magnolia Pet deb g 434s’28F&A15 99)4 Flour Mills of America Inc— Deb 434s 1929________ F&A15 99)4 99 Deb 434s 1930________ F&A15 b 4.95 4.85% 7214 Conv g 6)4% notes 1946-A&O 9634 Deb 4V4s 1931-1932_____F&a b 4.95 4.85% 10154 Framerican Ind & Dev Corp— Deb 434s 1933-1934_____F&A b 4.95 .4.85% Deb 7H s 1942 _________ J&J 104 M 104)4 108 Mallory SS 1st s f 5s 1932 - J&J 94 Francisco Sug 7)4s 1942 M&N 15 10734 108 97 Manati Sugar 1st 734s ’42—A&O 105 French Nat SS Lines 7s 1949.J&D 9934 100 105)4 s 10434 Manufacturers’ Finance Co— Gair (Robert) Co 1st 7s ’37—J&J 91 Col tr 6 % notes 1935____A&O 10514 Galena-Signal Oil deb 7s '3 0 -A&O 9134 9534 96)4 McKeesport Tin PI s f 6 s ’46 M&S 103 General Amer Tank Car Corp— 100 McMyler Interstate 7s ’43-J&D 10214 70 Equip 5)4s 1927_______ .M&N 5% Mercantile Prop 534s ’46___J&J 9814 94 Equip 5)4s 1928-1934__ M&N b 5.25 108 Mid-Continent Petrol Corp— Gen Asphalt s f 6 s'1939 . A&O 107 1st s f 634s 1940________ M&S 105 9714 Gen’l Baking 1st 6 s 1936 - J&D 105)4 General Cigar serial 6 s 1935 J&D 101)4 10234 Midvale Steel & Ordnance— 91 Conv s f 5s 1936________ M&S 98)4 98 % 99)4 Gen’l Elec 334s 1942 op t. —F&A 10254 Gen Elec (Germanv)7s’45_J&J15 10534 10534 Miller (I) & Sons 7s________ 1934 103 Deb 634s 1940 with war. J&D 117 97)4 11734 Miller & Lux Inc 1 st M 6s’45 A&O 101)4 10134 7% gold notes 1935. . -A&O Without warrants attached. 98)4 10014 s 115 Minnesota & Ont Paper 6 s ’48J&J 97 99 99)4 General Ice Cream 634s 1935 J&J Monon Coal— See Chic lnd & L Ry 98)4 General Motors Acceptance Corp 5% serial notes 1 9 2 ? _____M&S 100 10034 Montgomery Ward Prop Corp— 9754 1st M 5s 1946 ser A _ _M&N 98 , 98 )4 11714 5% serial notes 1928_____M&S 9934 10034 9834 5 % serial notes 1929 ____M&S 9934 Morris & Co 1st s f 434s ’39-J&J 89)4 10014 89)4 734% gold notes 1930 —M&S 104 9734 9834 9854 5% serial notes 1930 __ M&S 104)4 102 81 5% serial notes 1931 - __ M&S 9634 9734 Mtge-Bond Co 4s ser 2 ’ 6 6 -A&O 100 5s series 3 1932_____ . —J&J 97 9734 5% serial notes 1932 __ M&S b 5.90 5.80% b 5.90 5.80% 99)4 101 b 5.90 5.80% 100 98 100 5% serial notes 1935 ____M&S b 5.90 5.80% Murray Body 1st 634s 1934-J&D 98 97)4 9114 5% serial notes 1936 - M&S ) 5.90 5.80% Nat Acme 734s 1931_______ J&D 10034 101 10414 Gen Petrol 6 % g notes’28 A&015 101 10134 Nat Dairy Pr 6 % notes’40-M&N 101)4 101)4 100 101 1st 5s Aug 15 1940- - - - - 10134 Nat. Distillers Prod. Corp— Gen Refractories 6 s 1952__ F&A 103 99 105 10 -yr 634% notes ’35. J&D15 99)4 Good Hope St & Ir Wks (Germ’y) Nat Enam & Stpg 5s 1929 -J&D 10 1 102)4 93 103 S f g 7s Oct 15 1945__ A&015 10334 Nat Starch deb 5s 1930 gu. J&J 99)4 10 1 9114 Goodrich (B F) 1st 634s 1947-J&J 10634 10634 National Tube 1st 5s ’52 M&N 103)4 104)4 9614 Goodyear T & Rub 8 s ’41- M&N 121)4 12134 Natomas Co gen 6 s 1935__ J&J 44 Deb s f 8 s M ay 1931-F&A 11034 11034 Nev Con Copper deb 5s 1941 J&.T 99)4 100 10114 3-Yr 5% g notes 1928 J&D15 s 9934 New Eng Nav— See N Y N H & H HR 102 Goodyear T & R of California— New Eng Oil&Ref 1st 8s’31 M&S 40 60 99 5)4s notes Feb 15 1931 F&A1.1 9814 103 9634 97)4 New Niquero Sugar 7s 1932-J&J 90 10354 Gotham Silk Hos deb 6 s ’36 J&D 9934 9934 New River Co 1 st 5s 1934-- J&J 84 )4 85 Newport Co 7s 1932_______ M&S 102 10134 Gould Coupler 1st 1 6 s 1940-F&A 103 NYAirBrakelst 6s’28 conv M&N 101)4 101)4 9914 Granby Con Min Smelt & Pow— 1st conv 6 s 1928 Ser A . .M & N 100 10 2 N Y Dock C o— 1st g 5s ’51 F&A 85 85)4 Stamped-. _ _ ______ ____ 100 10 1 N Y & Hob Fy 5s M ay ’46 J&D 90 Gulf Oil of Pa deb 5s 1937--.J& D Hoboken Ferry 5s 1946 M&N 95 100 34 10034 91 99 Ham-Am Line 634 s eq’28-’40 J&D > 6.90 6.50% N Y & N J Ferry— 5s ’46- J&J Hanna (M A) Co deb 6 s ’34-F&A 90 N Y Shipbldg 1st 5s N ov 1 ’46 94 92 Hershey Chocolate—• North Amer Cement Corp— 102 1 st & coll tr s f 534s 1940--J&J Deb 634s A with warr ’40 M&S 102)4 92)4 9234 100 5% notes 1927 _____-J&D15 30 33 10034 Norwalk Steel 434s 1929 —J&J 5% notes 1928.J&D15 53 57 9934 100)4 Nova Scotia S & O 5s 1959.-J&J J’ Gara Coal 5s ’55 op aft’08 M&S 67 70 9654 Hoboken Land & Impt Co— 1st M g 5s Nov 1930 - M&N 96 Ogilvie Flour Mills 6 s ’32—-J&D 104 104 Series B ____________________ 10154 Eloe (R) & Co 1st 634s A '34 A&O 10034 10 1 119 Etolland-Amer Line 6 s ’47 M&N ' 9634 Series O ___________ ________ 97 104 Sollingshead (RM ) Co 7s ’38 F&A 97 Old Ben Coal 1st 6 s 1944. . -F&A 46 91 93)4 Holly Sugar 7s 1937________ J&J 90 98 9834 100 9934 Oregon Lumber Co 6 s 1935 — Hood Rubber 7s 1936- __ J& u 103 95 10334 Otis Steel 1st 6 s 1941 ser A M&S 95)4 Pacific Coast Co g 5s ’46-J&D Conv 534% f? notes 1936A&015 9734 9034 9734 92)4 Houston Oil (Tex) 634s '35 A&O 103 104 Pac Fruit Exp E q—See So Pacific Clorp 10014 Humble Oil & R 534s ’32.J&J 15 10234 10234 Pacific Mills 5 34 % notes ’31 .F&A 9334 94)4 Hllnols Steel deb 4)4s 1940—A&O Pan Amer Petrol Co (of Calif)— 97 34 9854 1 97 34 [lseder Steel s f 7s 1946 _ .A&O 1 st cnrtv s f 6 s 1940___ J&D15 9934 10034 10134 102 /This price Includes accrued Interest, k Last sale, n Nominal, r Canadian price, s Sale price. 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS L'Vol . 124. NOTICE.— All bond prices are "and Interest” except where marked " f ” and income and defaulted bonds. Bonds. Bid. Ask. Bonds. B id. Ask. Bonds. B id. Pan-Amer Petrol & Transp Co— Sheffield Farms 1st 647s 1942A&O 10744 108 United Steamship 6s 1937.-M&N 92 44 1st lien equip 7s 1930____F&A 10544 10544 Shults Bread let 6s 1940. . M&S 98 United Steel Works (Germany)— 100 S f 6s 1934- ________ M&N 105 44 10544 Siemans&HalskelO-yr7s’35 J&J 10247 10344 S F 647s 1951 with warr.J&D 110 Park & Tilford s f 6s 1936..J& D 96 Without warrants . 9644 Siemens & Hal-Siem-Schuck—■ Penick & Ford 647s 1943— .J&D 102 103 44 Deb g s f6 4 4 s ’51 with warM&S 10247 103 United Stores Realty 6s ’42.A & 0 104 ?4 Penna C & C 1st 6s ’32 op__J&J d3 95 Silesian-Am Corp 7s 1941 F&A 10044 10047 U S Env 1st 5s 1927-1934.—J&D 99 Penn M ary Steel— See Beth Steel Simms Petrol 6% n’tes ’29M&N15 10347 10344 U 8 Finishing con g 5s 1929.-J&J 9847 Pennsylvania-Dixie Cement Corp Sinclair Cons Oil Corp— U S Smelt Refg & Mining— 1st m s f 6s 1941 ser A.M &S15 99 % 100 1st 1 coll 7s ser A 1937 M&S15 10147 10147 10-year 547 % g notes 1935M&N 102 Pennsylvania Steel— 1st lien coll 647s '38 ser B .J& D United States Steel Corp— 9947 100 Soan-Amer Iron 6s 1927..J&J 100 1st 1 6s ’27 O with warr J&D 10044 101 Col tr s f 5s Apr ’51 op 'll - .V a r 110 Phila & Bead O & I 5s 1973 —J&J 101 101 Vs Sinclair Crude Oil Purch Co— Col tr s f 5s Apr '51 not op.Var 110 Pick (Albert) & Co deb 6s ’36 J&J 98 6% notes ser A 1928_____F&A Col 8 f 2d 5s Apr’63 op’ 13 M&N 10747 9944 10047 101 Pierce-Arr M ot Car 8s 1943-M&S 10544 10647 Sinclair Pipe Line s f 5s '4 2 ..A&O 9444 9444 Universal Winding Co 7s '3 7 .J&J 10147 Pierce OIJ 8s Dec 15 1931 —J&D15 10044 102 Sioss-Sheffield Steel & Iron— Utah Fuel— Sea Den & Bio Gr,p32 Pillsbury Flour Mills 6s 1943 A&O 103 105 6% s f gold notes 1929------F&A 101 Van Slyke & Horton 7s 1938.- -10247 103 Pittsb Brewing 6s Feb 4 '49—J&J 96 Purchase receipts . . . 100 102 10247 Vertientes Sugar 1st 7s 1942.J&D 9947 Pitts Coal deb 5s July ’31—M&S Smith (A O) Corp 6 44s '33-M&N 102 104 Victor-Amer Fuel 1st 6s '40-F&A 40 Pittsburgh-Westmoreland Coal Solvay & Cie 6a 1934_______ A&O 56 s 10447 Victor Fuel 1st s f g 5s 1953 -J&J 1st s f g 5s 1947 opt_____MAN 88 South Porto Rico Sug 7s ’40 J&D 10747 108 8644 Virginla-Carollna Chemical— Pleasant Val Coal 5s 1928—J&J Standard Mill 1st g 5s ’3 0 .-M&N 100 1=t s f 7s 1947 ser A __ J&D / 10747 Pocahontas Consol Collieries— 1st & ref 547 s 1945 ___ M&S 102 47 Stamped as to payt 40% prln— 1st gold 5s 1957 o p ___ ___ J&J 92 H 102 17 102 47 9144 / 10747 Port Arthur Canal & Dock— Stand Oil N Y 644s k deb’33-M&N 105 Ctf of dep assented 105 47 / 10747 1st 6s 1953 ser A _________ F&A 105 10544 444s 1951 9747 9747 f 10747 1st M 6s 1953 series B ___ F&A 92 90 Va Iron Coal & Coke 5s ’49.M&S 104A4 10447 Stand PI Glass6% notes '30 M&S 9447 Pressed Steel Car 5s 1933____J&J Walworth Co 1st 6s 1945 -.A & O 95 96 47 Stand Steel Wks 1st 5s '28 -J&J 100 9544 Price Bros & Co 1st 6s ’43 A.F&A Stand Textile Prod 6 47s '42 M&S Deb 647s’35 serA with war A&O 93 9147 93 47 Producers & Refiners Corp— Steel Co of Can 6s 1940___ J&J r 107 10747 Ward Baking 6s 1 9 3 7 - J&D15 10347 8s 1931 (with warrants).. J&D 112 Stutz Motor Car 747s 1937. A&O 92 Warner Sugar Ref 7s 1941 -J&D 10347 96 Without warrants attached__ 11044 Sugar Estates of Oriente— Warner Sugar Corp 1st 7s ’39 J&J 9247 Pnnta Alegre Sug s f 7s ’37—J&J CO 111 1st s f 7s 1942____ . ...M & S -M&S / ____ 9947 Wayne Coal 6s 1937. . 9947 Pare Oil Co 644% notes ’33 J&D ■0 'M 91 10344 Sun Oil deb s f 547s 1939. M&S 100 10047 Webster C&C- 1st g 5s *42 op M&S Rand-Kardex Bureau 5 44 % notes Superior Oil 1st 7s 1929..F & A 15 10147 Webster Mills 647s 1933. -J&D 9847 1931 with pur warrants__ J&J 150 Swift & Co 1st s f g 5s '44___ J&J 10147 102 West Ky Coal 7s 1944_____M&N 101 47 1"7 Without warrants ___ 100 5% s f g notes Oct 15 '32. - A&O 98 W Va Coal & Co 1st 6s 1950 J&J 79 10044 9747 Reid Ice Cream 6% notes ’30 J&J 95 97 Western Elec deb 5s 1944 _ A&O 10244 9944 100 44 Tavlor-Wharton I & S 6s ’42M&S Remington Arms 6s 1937__ M& N 1st & ref 7 47s 1946 Ser A .J&J 83 86 Westlnghouse Elec & M fg— 95 Vs 9544 Republic Iron & St’l 6s ’4 0 .-A&O 100 44 103 20-year gold 5 s 1946- _M&S 102 Tenn Coal I & RR 5s 1951 -J&J 10444 10547 Ref & gen 5>7s ’53 ser A ..J& J Ala Steel & Shipbldg 6s '30-J&J Wheeling Steel C orp—• 9944 9944 Rbeinelbe Union 7s 1946 J&J Tenn Cop & Chem 6s 1941 A&O 1st & ref s f 547s 1948ser A . J&J 08 100 10044 with stock purch warrants_____ 124 44 12447 Thyssen (Aug) Iron & Steel Wks Whitaker-Glessner Co 5s '41-A&O 98 Without warrants___ 10244 103 103 10347 10247 Rhine-Main-Danube 7s 1950 M&S 10344 104 Transcont Oil 7% notes '30 A&O 99 47 9847 9944 White Sew M 6s '36 with w .. J&J Rima Steel Corp 1st s f 7s ’55 F&A 99 9644 101 Wlckw Spencer Steel 7s ’35 _ J&J 40 9744 Traylor Eng & M fg 8s 1936. _ RIordon Pulp & Paper Ltd— Trumbull Steel s f 6s 1940 M&N 99 Wiekwire Soeucer Steel Co— 9844 1st 6e June 30 1942___ J&D30 r 10-vr deb 7s 1935. ______ M&N T’r lien & coll 7s Jan 1935 M&N 50 9847 100 Robbins & Myers 7s 1942__ J&D 60 61 Tublze Artificial Silk 8s ’4 3 .-J&J 109 110 Willys-Overland 1st 647s '33 M&S 102 Roch & Pitts C & I 5s ’4 6 ..M&N Wilson & Co 1st 6s 1941___ A&O 10147 9044 9244 Union Bag & Paper 6s '4 2 ..M&N 1st s f g 444s 1932 op t____F&A Union Oil Co of California— Winch Repeat Arms 7 47s '41 A&O 105 844 Rocky Mtn Fuel 5s 1943___ ____ 101 'o 102 40 50 89 Rogers-Brown Iron 5s ’23 ’40. J&J Youngst Sh & Tube 6s 1943._J&J 104 M 6s May 1 1942 Ser A ___ F&A 10847 109 Gen & Ref 7s 1942______M&N E X C H A N G E SEATS. S f g 5s Feb 1 1935 Ser C A&O 9947 5147 99 47 Stamped . . . __ ___ N o . Last Sale Union Steel Co 1st 5s '52 gu.J&D 108 109 $ 50 St Joseph Stk Yds 444s’ 3 0 ..J&J Un T ’k Car eq 447s '27-’36 .A & 0 b 5% 4.75% N Y Stock Exeh. .1.100S185 U00 97 M St Lawrence Pulp & Lumber— United Drug 6s 1944.. A&OX5 107 2.750 2,500 10747 N Y Produce Exch. 1,800 1st M 6s 1927-1929...........F&A f ___ United Industrial 1st 6s 1945 J&D 9547 9647 N Y C-otton Exch— 450 27 750 Certificates of d e p o s i t .. __ f 99 9947 N Y C of & Sug E x . 328 17.750 16,500 Deb 644s 1941 M&N 1st M 6s 1930-1933______F&A f . . . . 99 United Lead deb 5s 1943.. .J&J 98 N Y Curb Market. 550 29.000 Certificates of deposit______ / ___ Baltimore Stk Exch 87 1.850 United Oil Prod 8s 1931 J&J25 s 68 44 s 70 St L Nat Stock Yds 4s ’30__ J&J 139 9 00 ) 9,500 9544 9647 U S Rubber 747% notes '30.F&A 10647 106 47 Boston Stock E xch St L Rky Mt & P 5s ’55 stpd.J&J 78 1st & ref 5s 1947 Ser A ____J&J 7.000 9644 9647 Chicago Bd of Tr. . 1.592 7847 St Regis Paper 644s ’27-’29..J& D 5,000 2,500 647% serial notes 1927__ M&S 10044 10047 Chicago Stock Exch 250 9944 100 644e 1930-1934__________ J&D 100 102 50 H ,000 6 47% serial notes 1928__ M&S 10147 10247 Cincinnati Stk Ex . Deb g 6s 1 9 3 1 . . . ______ A&O 36 3,000 647% serial notes 1929__ M&S 102 99 100 10247 Cleveland Stk Exch Saks & Co s f 7s 1942_______ M&S Detroit Stock Exch 38 4.125 4,000 647% serial notes 1930.. M&S 10247 103 Santa Ana Sug 8s 1 9 3 1 .__ A&O 69 15,250 15,000 100 647% serial notes 1931__ M&S 101 10247 10244 Los Ang Stock Exch Saxon Pub Wks (.Germany)— Louisville Stk Exch 29 1.200 647% serial notes 1932__ M&S 10247 103 1st e x tls f 7s 1945.............-F&A 2,700 644% serial notes 1933__ M&S 102 10344 ’ 0344 10247 Minn Ch of C om m . 666 74 30.000 Gen & ref 6 44s 1951____M&N 99 647% serial notes 1934__ M&S 10247 10247 Montreal Stock E x . 9947 Schulco Co 6 44s 1946______J&J 100 6 500 1004-4 647% serial notes 1935__ M&S 6,200 10247 10247 New Orl Cotton Ex 500 New Orl Stock E x . 70 6.60C Guar s f 644s 1946 ser B A&O 102 103 99 H 100 647% serial notes 1936__ M&S Securities Co N Y 4s cons..M & S 647% serial notes 1937_M&S 10247 10247 Phila Stock E x ch .. 206 10.500 10,000 Security Mtge 6s Sept 1 '45 ser E 98 Pittsb 8tock E xch. 115 1,600 100 647% serial notes 1938 ..M&S 10247 103 6 % bonds Apr 1 1946 ser F . . . 50 4,50C 98 100 647% serial notes 1939__ M&S 102 44 10347 St Louis Exchange. Sen Sen Chic 6s June 14 ’29- J&D 67 42 000 1 647% serial notes 1940__ M&S 103 9844 10347 San Fr Stk&BdExch 9947 SbaronSteel Hoop 8s 1941 ..M & S 108 47 Washington Stk Ex 40 800 800 * Shawsta Mills 7% n ote s '31 A&O s 10044 s 16647 1 b Basis. / This price includes accrued interest, k Last sale, n Nominal, r Canadian price, s Sale price. Ask. 9254 11044 105 102 47 112 112 10747 103 103 99445 5744 9544 93 47 10447 10344 93 93 9854 102 7947 10254 10244 9847 103 47 99 43 50 47 10247 10154 90 10447 $ 2,800 27,750 17,750 10,000 6,500 4,500 4,500 6,700 7,500 11.000 1,608 2,000 INDUSTRIAL AND MISCELLANEOUS STOCKS S tocks. Par TE XTILE KFG. STOCKS. Sforth. Mills. par Acushnet Mill (NB) I Am Linen (Fall R) A American M fg. .100 Preferred . .100 Auoskeag Mfg (vc.l- Arkwright M (FR) l Arlington M (Mass)i Barnard Mfg (FR) A Bid. Per share. 20 30 85 80 20 102 100 82 84 50 .0 41 15 6647 112 125 80 10047 Booth M fg (N B) A 154 95 93 101 38 50 Ohace Mills (F R)_.Z City M fg Or'p(NB) i Cornell Mills (F R).Z SO 110 92 55 S tocks. Ask. 51 75 45 30 69 50 118 Par Dartmouth Mfg Corp (N B )__ 100 Bid. 98 82 Davis Mills (F R)_.Z 67 Davol Mills (F R ) . . i 67 Draper Corp___ 100 Dwight Mfg (Mass). 15 44 Edwards Mfg (M e).i Esmond M (R I ) , pf Z 99 Everett M (Mass) i 15 Bairh Mills com. 100 ___ Preferred __ 100 Farr Alpaca (Mass) l 165 Flint Mills (F R) .A 60 Franklin Co (Me) l Gosnold M (N B )—Z Granite Mills (FR) A u Gt Falls Mfg (N H) 1 Grinnell Mfg (N B) . Z 70 134 60c. Hamilt Mfg (Mass) Z 82 Hamilt W (Mass) - Z 30 101 Harmony Mills pf- Z 80 Hathaway M fg(NB)i 104 100 Hill M fg Co (M e)—i 20 Holmes Mfg (NB) - Z 97 55 Preferred_____10C 105 Home Bleach &DW f 42 Preferred___ 10C 85 Hoosac Cot Mills. 38 Ipswich Mills — 10C 72 94 Preferred.. —10C 11747 Kilburn M (N B)_.i 107 64 123 King Philip M (FR)i 8) 17 Lancas't M (Mass).i 30 Preferred _____ 10C 38 12 Laurel Lake com __ ___ Preferred________ 9747 Lawrence Mfg (M ).i 60 Lincoln Mfg (F R )—i 42 82 Lockwood Co (Me).Z 60 95 1 S tocks. Ask. Per share. 102 70 35 68 18 48 . - __ 18 747 170 11 2747 3D 13 75 35 _ 108 23 55 ___ 75 42 ___ 21 43 ____ 65 ___ 45 70 Par Bid. Ask. Per share. Luther M fg (F R)_.Z 112 Lyman Mills (M )..Z 113 118 Manomet M (N B)_Z 9 8 72 Mass Cott- M ills. 100 70 Mechanics' M (FR) Z ____ ____ Merch Mfg (F R )__ Z 50 Merrimack Mfg (Mass) _____100 112 116 74 Preferred_____100 72 . .. . Middlesex Co (M )__ 70 Mt V-Wood Mills 17 18 (Bait) v t r___ 100 Preferred v t r.100 80 7947 Narragansett Mills 60 (F R )________ 100 NashawenaM__ 100 78 81 4747 ____ Preferred___ .100 88 Nat Fabric & Fin 100 44 38 Naumkeag (Mass) ____ Steam Cot Co-100 158 ____ Neild Mills (N B)._Z 145 ____ New Bedf’d Cot M A 100 ____ Preferred _ . . . 100 8247 New Eng Sou M ___ 144 247 8 Preferred -.100 7 Newmarket Mfg . k 134 Co (N H )____ 100 Nonquitt Sp (NB).Z 35 37 45 Osborn Mills (FR) J 41 Pac Mills (Mass) 100 40 Parker Mills (F R )—Z 20 ____ 20 Preferred______ 26 Pemaquid M ____ 20 ____ Pepperel! Mfg (Me)Z * 114 350 Pierce Mfg (N B)._Z 325 Pilgrim M i l l s ____ 140 130 ____ ____ Pocasset Mfg (FR)_Z I S tocks. Par Bid. ' Ask. Per share. ____ Ponemah M (Prov).Z Preferred_____ 100 85 95 Potomska M (NB) 1 65 ____ Quissett Mills (NB) Z 105 Preferred_____100 92 Rich Borden M fg ____ Co (F R )_____100 35 Sagamore M fg ____ (F R )________ 100 140 Salmon Falls Mfg 8 Co (N H )____ 100 747 ___ Seaconnet M (FR)_Z 3 Sharp Mfg (N B )..Z ____ 9 ____ Preferred . 100 24 Shawmut Cot Mills (F R) com ___ 100 129 Preferred. __ 100 __ Shove Mill (FR).IOO 30 Skenandoah Cotton ____ Co (Utica)__ __ .. 32 ____ Soule M ill (NB).IOO 144 Stafford M (F R)_.Z 30 ____ Stevens M fg (F R)_Z 103 ____ Taber Mills (N B )_.Z 85 ____ ____ Thorndike (M ass).. Tremout & Suffolk M (M ass)___ 100 24 26 Troy Cot n & W ool’n ___ Mfg (F R )___ 500 120 ____ Union Cot M f (FR) Z 80 Utica iv-nitCo__ 100 50 60 80 Preferred- __ 10C 85 Utica Steam & M ob Veil C o t ________ 1 92 105 iWampanoag Mills 35 I (F K )________ 10C jWamsutta M (N B) 46 49 jWeetamoe M (FR).Z 20 52 — [Whitman M (NB).Z IVv innsboro M pf _100 101 — lYork Mfg (M e ).100 31 34 1 i> Assessment paid, c Par value $700. d Price per share, not per cent. h Par value SI,000. * Last sale. Z Par value $100. m 1st install paid. » Nominal, rCanadian price. ; Sale price i New stock u Ex-lOfl stock div. t Bx-div u Ex-righte. 2 Ex-stock div t Without pai value Stocks. Par 45 INDUSTRIAL AND MISCELLANEOUS STOCKS F eb ., 1 92?.] Bid. Ask. Per share. Southern Mills. 89 Abbeville O M (SO) 1 95 94 Anderson O M (SO) .1 Arcade Cotton Mills 60 70 Arcadia Mills . 100 225 103 Preferred _______ ICO 10U Arkwright M ills.20 Augusta Fac (Ga) -1 30 920 970 300 45 48 Belton Mills (S O) .1 96 93 Preferred________ 112 115 B lb b M fg ______ 100 101 99 Preferred 6% 99 Brandon M , pref - 101 114 120 17 Cannon M fg_____10 12 14 Ohadwick-Hoskins25 Ohesnee Mills______ 130 285 300 99 135 Clifton M fg (8 0)100 130 ___ Clinton Cotton Mills 290 126 Columbus Mfg (Ga) 122 110 Converse (D E) 100 105 55 53 140 Dallas Mfg (Ala) .100 130 75 85 Darl’g’n Mfg (8 C) . / ____ Drayton Mills— 100 100 85 80 Dunean M ills__ 100 92 89 140 Eagle & Phenix.100 88 90 Easley Cot M , pref115 Enterprise Mfg(Ga) .1 105 75 65 Gaffney M fg (S 0 - 1 185 Gainesville Cot Mills 175 Glenwood M ills------ 135 80 85 Gluck_____________ ____ Granteville Mfg 100 100 ____ Greenw'd C M (SC).Z 400 ____ Grendel Mills— -- 250 48 46 Preferred.. — 50 112 120 Hamrick Mills — 145 125 101 Jackson Mills--------- 220 152 Judson M ills.. -100 145 103 Preferred - -100 101 King(JP) M fg (Ga) l 105 ___ Laurens C M (8 C) ,Z 150 112 120 Limestone C & M __ ___ Marion Mills — 100 149 30 Marlboro O M (3C). 1 25 ____ Mills Mfg Co (8 0 - 1 300 Monarch C M (S O) 1 125 131 101 Preferred ... — 70 60 Musgrove Mills-----130 Newberry C M (SO)l 125 __ Ninety-Six Mills------ 150 ___ 75 Norris Cot Mills-----91 94 Orr Cot M (8 C)-100 99 95 208 213 Pacolet Mfg (8 0 - ! 102 104 P referred ___ 100 78 Panola-C M A pf 85 18 15 130 Phillips Buttorff M .l 125 ____ Pickens Cot Mills__ 130 129 Piedmont M fg (8 C)1 122 108 Poe F W, M fg (SC) 1 106 75 70 Poinsett Mills__ 100 __ Riverside & Dan RIv 169 Riverside M __ 12.50 1036 113 6 90 Saxon M i l l s ___ 100 85 40 45 Sibley M fg (Ga).lOO ___ Spartan Mills (SC)_i 150 10 1 99 Thomaston Cot tr pf 33 35 Toxoway. --------- 25 30 40 Onion-Buffalo Mills, 89 87 1st pref______ 10C 46 2d pref_______ IOC 4734 Vlctor-Monag C o .J 92 95 Preferred_____ 10C 106 109 145 Ware Shoals Mfg. IOC 140 50 Watt Mills-----------88 90 105 100 20 40 Webb M fg (N ash)-.l 140 West Point M fg. 100 136 70 60 Whitney M fg (SO).l 200 Williamston Mills . 190 l25 Woodruff Mills __100 119 118 Woodside Cot M.100 115 89 Preferred.. --10C 87 Canadian Mills. Can’n Connecticut 42 Cum pref. — 100 Can Convert, L td ../ r ____ 10036 130 Can Cottons,Ltd.100 r ___ Preferred..----- IOC r 99 36 100 DominText, L td -(t) r 105 Preferred_____10C r ____ s 120 A Montreal Cottons. .1 r 110 120 Preferred ----- 100 r 115 __ Penmans, Ltdj--100 r 185 Preferred___-10C r 100 Stocks Par Bid. Ask. Per share. Indianapolis. Sterling Fife___-10 d . . Per cent. Louisville. L iberty __ __ 50 200 Per share. Minneapolis. Nor’west F & M .100 Newark. American_________ 5 22 M 2336 220 223 Stocks. Par. Hancock Cons . 20 Hardy C o a l . __ .1 Hecla Mining__ 25c Hollinger Mines ..5 Homestake M in. 100 Howe Sound Cov t ct Inspiration Cons Bid. Ask. Per share 75c. 60c. 17 1636 1434 1436 2036 2034 61 5936 39 3936 Stocks. Par Bid. Ask. Per share. INI)0 STRIAL AN U MISCELLANEOUS Abbctts Alderney Dairies pref__ 100 10336 Abitibi Pow & P a p .t d 84 Preferred .-100 r 116 Abraham & Straus, f d 6736 7% preferred. 100 110^2 Adams Express..100 136 Advance-Rumely 100 10 31 Preferred 6% .100 Aeolian-Weber 30 Piano & Pian.-lOO Preferred_____ 100 103 Air Reduction_____t Ajax Rubber______ t d 1136 Albany (N Y) Safe Dep & Storage 100 160 Albany Perforated Wrap Paper _f d 23 98 Preferred 7% -100 Allied Ohem & Dye Oorp __________ t d 137 M Preferred _ _100 120 3a Allied Pack new__ t d 1 7 Prior p r e f ____100 3 Senior pref____100 Allis-Cha'lmers Mfg 3936 Common ____100 Preferred_____ 100 10836 Aluminum Co co m .t d 71 6 % preferred _ . ] 00 102 Aluminum M frs__ t d 36 Preferred __ 100 a 110 Amai L eath er__ t a 17 Preferred 7 % - -100 10336 Amai Sugar com __ t d 136 78 1st preferred-.100 Amerada Corp____t d 3436 Am Agri Chem.-lOO 1236 Preferred_____100 4736 Am Bank N ote__ 10 d 4736 56 34 1C5 £5 — 69J6 11136 137 . 30 34 3234 21 2434 230 2,0 10534 106 11 1136 234 236 49 6134 6136 78c. 84c. 1(7 Per share. New York. :39 90c. 315 320 136 9c. 13 c. 300 La Rose Mines,Ltd.5 Bankers & Ship. 100 285 11)4 50c. 85c. City of New York 100 290 La Salle C opper..25 295 ___ Magma Copper C o. t 170 Commonwealth—100 600 3434 3436 2 136 1 36 13736' 35c. 59c. 25 z 94 95 102 90c. Mayflower Old Col 25 b 70c. Globe & Rutgers 100 1530 1580 25 309 McIntyrePoreuplne5 Great American 100 304 25 36 138 Miami Copper____5 16 218 Hanover_________ 50 210 1534 Mohawk ____ 25 x 38 39 385 Home___ __ - 100 383 12136 2 d 70 Motherlode Coal’n t 75 434 436 14 Merchants Fire Asso Nevada Cons C o p .5 1436 1436 6 23 130 New Cornelia Cop_5 Common______ 25 110 2236 5c. 12c. New Dominion A - . l 125 Preferred_____ 100 105 90 84 16 Met Casualty m s__ 88 New River C o__ 100 20 10936 420 :£ 6334 65 Newmont Mining.10 7136 245 6836 69 Niagara_________ 50 240 Nipissing Mines__ 5 Northern__ ____ 100 275 936 10236 934 £6 North B u t t e ___ 15 North R i v e r . __ 25 120 130 334 334 10c. 111 102 95 North Lake - . 25 20c. Pacific F i r e _____25 45c. 79 Ohio C o p p e r __ 10 49c. 80 Rossia Ins_____.25 1736 106 Old Dominion C o .25 13 Stuyvesant------- 100 185 200 14 2 Ontario Silver Min t 175 UBited States. -.2 0 170 SO 44 Patino Mines & 45 Westchester___ -10 35 Enterprise com20 d 24 2436 13 Park-Utah—■ Philadelphia. 43 Consol Mines _ .l Alliance of Phila--10 50 51 636 6)4 51 54 Pond Creek— Fire Association..10 4736 12 51 5836 5134 1136 200 25 1534 1634 57 eo V 80 85 4136 4234 35 135 People’s Nat Fire— Ray Cons Copper. 10 1436 1536 American B ook. .100 130 41 12 St Joseph Lead— 10 Phila L i f e _____10 1536 4136 Am Bosch M a g n 'o.j d 14)4 Am Brake Sh & F__i d 13636 14136 Reliance . -.5 0 21 34 2234 St Mary's Mineral__ _ Land _________25 Preferred . _ 100 115 United Firemen’s . 10 2336 2436 118)4 5c. _ . 1 6c Am Brown Boveri El Victory_________ 50 2134 2234 San T o y __ 20 Founders shs (t <1 18 Seneca Cop M in__ t 334 336 3oc. Providence. Shannon_________lO 45c. Partic stock___(t) d 35)4 3536 97 98 Prov Wash’ton__ 50 335 Shattuck Ariz Cop 10 Preferred- . 100 So Am Gold & P la t.l 4 Am Can_________ 25 dx -1636 3 36 4636 5 Richmond. South L a k e __ 25 25 Preferred __ 100 12734 12836 91 Superior & Boston 10 Virginia F & M ..2 5 96 30 Am Car & Fdy _ (t> d 100 36 101 40 Deposited stock .91 Tennessee Copper 96 Preferred __ 10C 12836 130 ____ 4 & Chemical_t 1136 1136 Am Caramel____10C Tonopah-Belmont.1 40 42 St. Louis. 2 Preferred _ 10C 136 20 Cent States Life---- 5 22 Tonopah (N ev)__ 1 3 3 36 Am Chain Class A 25 d 27 2734 38 Continental L ife ..10 35 Tonopah Ext M ln .l s 24 40 Am Chicle________ 1 d ‘37 A s 26 100 102 d 3734 37)4 Internat Life - _ 50 69 71 United Verde Ext50c 90 2236 Prior preferred--! d 88 2336 2 4 Utah-Apex ____ 5 6 91 Standard Life_____5 Temp v t c ____i d 88 634 122 Utah Copper C o. .10 11336 114 Am C ig a r ______ 10C 119 St. Paul, Minn. ICO 136 136 60c. St. P a u lF & M -.-2 5 105 Victoria____________ 75c. Am Credit Indem 25 d 53 11c. Winona. _______ 25 15c. AmerCyanamid A 2C d ___ s 3736 _ _ San Francisco. W yandot. _____25 Common B _ _2C d ____ s 34 20c. 25c. 9036 9236 Home Fire & Marine 35c. 30 50c. Am Drug Synd__ 10 d 1036 3236 Yukon Gold______ 5 1034 Am E x p ress____100 12936 18 I Springfield,Mass. REAL ESTATE TR 104 Am Fork & Hoe 100 ____ & LAND STOCKS Per share. Springfield Fire & M 510 1st preferred..IOC 10736 Washington. 36 :8 American Glue. .100 ___ Albany Tr (Bost)lOO a 57 American_______ 10C 200 110 112 Preferred_____ 100 ___ Alliance Realty___ t 49 Corcoran________ 5C 140 82 84 Am Hardware. -10C 53 23 Fireman’s _______ 2C Bedford Tr (Bos) 100 a 58 Am-Hawaiian SS 1C d 9 H National Union---- 5 BerkeleyHotelTr (B)l a SO 23 9 Am Hide & LeathlOO 836 Wheeling, W. Va. Bd of Tr Bid Tr (O) .1 a 50 Preferred___-100 49 "0 ____ k 150 Wheeling Fire 1 .100 Bos Gr'd R 'T Tr (C)Z a 111 Amer Home Prod .1 d .G34 114 0136 Bos R E T (Bos) 1000 a ----Amer Hosiery____25 d 30 33 960 MARINE IN SU R Bos Stor W ’h'se (B) .1 a 123 Amer Ice C o____100 11736 11936 ANCE SCRIP. Boston Wharf Co_.Z a ____ 114 Preferred_____ 100 84 36 8534 Per cent. Atlantic Mutual— Bromf Bldg Tr (B).Z a 87 Am Intern Corp. _(t) d 3736 38 101 a 30 1925_____________ f 100 102 8A Cent Bldg Tr (B ). 1 a 836 1926 ..... ................ / 100 Chic R E Trus's 1000 al070 Preferred_____ 100 88' 86' Per share. MINING STOCKS. City R E G (C) - 100C a 500 Amer Laundry 10c. 25c. Congress St AssociAdventure Cons. .25 11 I Machinery___ 1 d 110 Ahumada Lead C o_l ates (Boston)___ i a 50 436 125 434 Preferred.. ..10C 1?6 Alaska Juneau Gold C ’gress St Big Tr(B)i a Amer Linseed__ 100 23 2334 Mining -----------1C 136 136 Copley Sq Th (Bos).l a 48 Preferred.. 100 6034 6136 ____ A lgom ah------------ 25 10c. Devonish Big Tr(B)i a ____ d 108 45 Amer Locomotive + 10836 Amer Zinc Lead & Preferred.. _____ a -----P referred ___ 10C 70 120 A 122 Smelting . . — 25 S}4 2 Amer Mach & Fdy-1 d 19 934 East Bos Land (B )._ 134 7936 Preferred--------- 25 4634 4634 Ensley Land C o__ i 115 125 Preferred new. 10( 128 Anaconda Corp_-50 4734 4736 Essex St Tr (Bost).i a ____ 65 Amer Metal C o _1 d 42 A 4234 Arizona Com’ciaI__5 9 9)4 Factory Big Tr (B)_i a -----110 60 Preferred___-100 112 Arcadian Cons__ 25 6 50c. 60c. Fifty Associates (B ). a3600 Amer Multigraph . 1 d 19 36 20 Bingham M ines.-10 42 4236 Hotel Tr (Boston) __i a 160 Amer Piano____100 s 250 s 254 ___ Kimball Bldg Tr(B)i a 82 50c. Bonanza Dev Co.10 Preferred _10C 102 105 4 Butte Cop & Z Co .5 434 Realty Associates of Amer Pneu Serv. 25 d 236 236 Brooklyn com ---- 1 240 Butte & Sup------- 10 1036 245 1136 1st preferred__ 5C d 49 50 Callahan Zinc-Lead 1st preferred.-100 90 93 P referred _____50 d 19 1934 Co............... -1C 114 2d preferred-_10C 88 236 Amer Radiator -.2 5 (1 111 91 112 Calumet & Arlz.-lC 67 6736 Texas Pacific Land Preferred___.100 13136 13436 INSURANCE Calumet & Hecla_25 Trust ctfs____10C 1700 1800 1634 1636 92 Am Ry Express. 100 94 Carnegie Metals — Sub shares _ 1 d 1736 STOCKS. 1236 Amer Rayon Prod (t) 1336 18 s 734 Carson Hill G M ..1 10 Baltimore— 20 Amer Repub C orp .t d 40 45 TITLE GUARANT EE & Cerro de Pasco------1 61 Central Fire new. 1C 6036 Am Rolling Mill 25 d 4534 26 2634 4536 Chili Copper------- 25 B oston— 3534 3536 SAFE DEPOSIT ST OCK 7% pref (new)-100 11134 11236 Chino Copper------5 American Surety_5C d 207 470 480 25 212 B o s t o n ______ _10C 2236 Am Safety RazorlOO 52 5134 Consol Copper------1 3 Bond & M Guar-10C 330 Colum Nat Life.IOC 195 205 236 335 American Screw.lOO 79 82 Con Lead & Zinc.20 d ____ Conveyancers’ Chicago T & Tr.lOC 590 16 600 Am Seed Mach . .50 d 15 25 CitySD (Alb,N Y) 10C 120 Con Min & Smelt..25 r 251 252 Title - . ...IOC 130 Preferred___-100 50 65 Columbia Title 14 Mass B onding.. - - 260 Cop Range Con_10( 265 1336 Amer Shipbldg 100 82 83 10c. (W ashington)__ 5 d 10 Crown Reserve____1 r ___ 11 Brooklyn— See N Y Preferred___ 100 10234 110 ____ ____ Fidelity & D (Md) 5C 145 Davis-Daly Copper 1 Dayton— Amer Ship & Com (t) d 534 150 536 4 141 95 100 141 54 Preferred __ 100 De Beefs Cons M __ 38 90 64 67 33 Reliable_________ 20 Preferred_____100 12136 122 Lawyers’ Title & Dome Mines______ 1 Detroit. 934 936 4m Snuff com __ 100 122 124 234 280 236 290 Engineer Gold M ..5 5 Michigan F & M .50 5 34 Lawyers' M C o..1 0 0 271 276 Am Steel F’dries_(t) d 45 4536 88 Louisville Title.-10C 240 Federal M & Sm.lOC 75 Hartford. Preferred_____ 100 112 115 Preferred.. --10C Aetna (Fire)------10C 505 515 7534 7634 Maryland Cas Co_25 d 104 10436 American Stores _t d 7036 71 First National Mortgage Bond. 10C 145 Automobile Ins.-lOC 250 260 150 Am Sugar Refg-.100 81 82 8e. 10c. Nat Surety Co.-lOC 240 Cop ($3.75 pd)__5 Hartford Fire— IOC 505 515 246 Preferred_____100 108 109 New Amsterdam Franklin_________ 25 b 25c. Hartf Steam Boil 1m Sumat T ob— Goldfield Consol Casualty (Balt) 10 d 54 650 Insp & Ins----- IOC 635 N e w c o .v t c . _(t) d 4534 5434 45)6 ___ s 9c. N Y Title & M tg . 10C 441 Mines___________ 740 National Fire__ 10C 725 446 Am Thread pref __5 d 336 336 R E T Ins(Wash) 100 175 Granby Cons M S & Phoenix (Fire).-IOC 500 510 Am T obacco____ 50 d 12136 12236 ____ Tit Ins & Gu(SanFr) Power. _______ 10( 32 Life Insurance. 3134 Common B ___ 50 d 121 12136 Granite-Bl-Metallic Title & Inv M d--50 d 52 Aetna Cas’ty & Sur 705 725 Preferred_____100 11036 11234 (St L ou is).. _ It 30c. 40c Title G uTr(StL) 100 40 Aetna Life------ -10C 530 545 Am Type Found 100 13036 132 Greene-Cananea_100 U S Casualty____100 325 1650 1600 30 Conn Gen-------IOC 2936 Preferred_____100 340 108 10936 USFidel&Gu (Md) 50 d 238 1185 Travelers’ --------- IOC 1170 245 Am Vitrified Prod.50 d 22 24 Preferred___ 100 88 92 American Wholesale Corp pref_____100 ___ 10336 a Purchaser also pays accrued dividend, b Assessment paid, d Price per share, not per cent. h Par value 11.000. k Last sale. 1 Par value 110Q n Nominal, r Canadian price. 5 Sale price, t New stock, u Ex-cash and stock dividend. 9Ex-stock dividend, x Ex-dividend. u Ex-rlfrhta . z Ex-100% stock dividend. t Without par value. Security I n s ------25 New Orleans. L afa yette--------- 50 92 94 Per share. 240 > Preferred . . .1 Isle Royale C op. .25 K ew een a w ._____25 Kennecott Copper, f Kerr Lake_______ 5 4$> S to c k s . INDUSTRIAL AND MISCELLANEOUS STOCKS P a r. B id. Per A sk. share. Bid. Per Airier Wind Glass California Cyanide Preferred_____100 U n it s .,_________ d 30 109% Amer Wind Glass Calir Pack Corp__ t d 6 6 % Machine______100 51% Calif Petrol______25 d 31% 78 Preferred_____100 Cambria Iron___ 50 d 40% 80 4m Wool (Mass) .100 25% 26 Canada Cement. 100 r 129% Preferred_____100 79 80 Preferred_____100 r 119 1 Am Writ’g Pap pf 100 1% Can Dry Ging A le .7 d 38% oo New pref w i_.100 29 Can Fdys & Forg.100 r Aug-Am Oil vt stk £1 d 20% 21 Preferred___ 100 r 66 Non voting stk .£ l d 19% 20% Can SS Lines new__ r Archer-Daniels Can SS Lines v 1 .100 r 33 Mid com ----------- 1 d 40 41% Preferred new.100 r 85% Preferred_____100 106 107% CanadianCar&F. 100 r 47% Armour & Co of Del Preferred_____100 r 90% Preferred_____ 100 95 % 95% Ganad’n Canners 100 r Armour & Co (111)— Preferred------- 100 r Com Cl A v t C-25 14 % 14% Canadian Explos.100 140 Com Cl B v t c.25 7% 7% Preferred_____100 106 P referred___ 100 85% Can Indus Alch___ r 24% 86 Arnold. Constable Can Locomotive. 100 r A C o____________t d 23 % 24% Preferred_____100 r 87 Artloom Corp------- 1 d 50 52 Can Woollens__ 100 r 8% 7% pref. temp 100 110 114% Preferred_____100 r 60 Art Metal Con__ 10 d 22% 23 Canton Co______100 245 Arundel Corp------(t) d 31 % 32 Trustees certif.100 245 Asbestos Corp_____t dr 23 % 23% Caracas Sugar___ 50 d 1 % Preferred_____ 100 r 84% 84% Carib Syndicate__25 d 23% Assoc Dry G’ds Case Plow Works (f) d Com new temp_ _t d 40% 41 1st pref______100 1st pref______ 100 101% 103 2d pref_______ 100 2d pref_______ 100 107 Case (J I) Threshing 109 Associated Oil____26 d 50 Mach com____100 137% Associated Simmons Preferred_____100 11 0 Hardware pf-.lOC 69 67 Case Lockwood A Atl Fruit A Sugar __t d 1% Brainard C o. .100 325 1% Atl Gulf & W Ind IS Celluloid Co____100 8S Lines stp d -.(t) d 37 38 Preferred_____100 70 Preferred_____ 100 38 36% Cent Alloy Steel. (7) d 26% Atlan Lobos Oil— 1 d 1 Preferred_____100 d 106% 1% Preferred______ 50 4 3 Central Aguirre Atlantic Refin’g.lOC I ll Sugar Cos_____20 d 98 111% Preferred_____ 101 115% 116 Central C A C __ 100 62 Atlas Plywood— (t) d 52% Preferred_____100 55% 80 Atlas Portland Central Leather. 100 9 Cement_________ t d 43 44 Com ctfs dep--100 8% Atlas Powder_____7 d 61 61% Preferred_____100 56% Preferred_____ 100 99% 100 Pref ctfs dep--100 56% Atlas Tack_______ 7 d 8% 8% Cen Teresa Sug pf 10 : 85c. Austin, Nich A Co.1 d 8% 8% Century Ribbon ^Preferred_____ 100 54% 57% Mills c o m ______ + 11% Auto Knitter Preferred_____100 73 Hosiery_________t d % 43% % Cerfn-Teed Prod. _ 7 Autosales Corp__ 50 d 4 4% 1st pref______ 100 106 Preferred______ 50 d 32 35 2d pref_______ 100 95% Babcock & Wil_.10C 116% 118% Champion Coated Baldw Loc Wks.100 151% 152% Paper________ 100 120 Preferred_____10C 117 % 118 Preferred_____100 110% Baltimore Tube.lOl 11 12 Chand-Clev M otor.7 d 10 Preferred_____ 100 35 Preferred...........-7 \d 23 40 Bancitaly Corp------94% 94% Chapman Valve. 100 280 Barnet Leather____7 d 50 Preferred________ 53 105 Preferred_____ 100 Chesebr’gh M fg_25 d 80 97 Barnhart Bros & Chic June Rys A Spindler 1st pf 100 104 Un St Yd stpd.100 137% 107 Barnsdall Corp Preferred_____100 102% Class A voting 25 32% 32% Chic Pneu T ool. .100 132% Class B non-vot .25 29% 29% Chic R y Equip__ 26 d 23% Bavuk Cigars_____7 d 51 Preferred______ 25 52 30 7% 1st p re f._ -100 a 101 102% Chic Wilm A Frank 2d conv 8 % p f-100 d 100 Coal com_____100 22 Beatrice Cream __ 50 d 59% Preferred_____1O0 90 60% Preferred_____100 101 103 Chic Yellow C a b ..7 43 Beaver Board Co— Childs Co com____+ d 50% Com v t c Cl A _ -t 3% Preferred_____100] 117% 5 Com v t c Cl B__7 3 ChristieBrownAOo. t d 40 4 1st pref v t c-,100 38 Chrysler Corp__ (f) d 40% 39 Beech-Nut P ack-.20 57 Preferred. 58 d 103% 7% pref Cl B .-100 d 114 % Cin Tob W areh..1001 12% Belding Hem'way Of) d 23 23% Cin Un Stk Y ds. 100 140 Beth-hem Steel_100 45% 45% C ity Investing.. 100 119 7% cum p re f.. 100 107% 107% Preferred_____100 102 Billings & Spen__ 25 d ____ Clev A Buff Tr__ 100 55 6 Preferred______ 25 d Cleve-Cliffs Iro n ._ 7 d 75 8 Bliss (E W) Co___ t ,d 2\ Cleveland Stone.1001 50 22 Preferred______ 50'd 57 Clinchfield Coal.100 32 2d preferred___10 jd 10 Preferred_____100| 100 11% Bloch Bros Tob..25|d k 37 Cluett, Peabody___7 d 65 Preferred_____100 Preferred_____100; 114 k 94% Bloomlngdale Bros-7' d 38% 39% Coca-Cola Co_____7 d 170 Pref cum 7 % --1 0 0 l 109% Coca-Cola Int__ (t) r Bluenthal (S)— Collins A Aikman (+) 69% Inc 7% pref___100! Pref (7 % )____100 138 40% 50 Bon Ami com A . _ (+) d 54 54% Collins C o______10G Booth Fisheries__ i d 6% 6% Colo Fuel A Iron. 1001 52 1st preferred..100. 40 Preferred_____100, 118 45 Botany Cons MUls— Colt’s Patent Fire Class A _______ 50 d 26 Arms M fg_____25\d 29 28% Borden Co_______ 50 d 104 Colum Carbonvtc(f)Id 75 105 Borne, Scrymser-_25 d 65 Commercial Invest 69 Bost Belting pf--100 Trust__________ t 14 57 20 Boston Woven Hose 7% 1st pref__ 100 90% A Rubber c o m .(79 6% % 1st pref with 80 83 Preferred_____ 100 100 warrants__ 100 97 Briggs M fg______(t) 29% 3 0 " Commercial Credit Brill Corp new A . . ' 14% 45 Com m on_______ t 46 Class B ________ 21 7% preferred---- 25 22 20% Bristol Brass_____26 8% pref cl B __ 25 21 6% Brlt-Amer Tobreg£l 6% % 1st pref 22% 24% Ordinary bearer £1 with pur war 100 24% 23% 80 British Col Fish A Comm Solvents B .t d 212 Packing______ 100 85% 86% Congoleum-Nairn_.7 d 18 British Empire Preferred________ 104% Steel com_____100 Congress Cigar___ t d 53% 1 1st p r e f______ 100 16 20% Conley Tin Foil— 2d pref----------- 100 2% Stpd as to liq div 2% Brown S h o e ____<t) d 32 Consol Car Heat. 100 33 47 Preferred_____ 100 112 79% Cons Cigar Corp__t 120 Brunswick-BalkePreferred_____100 d 101% Collender------ (t) d 36% Cons Coal of St L_ 100 37 Preferred_____100 105 Consol Distrib____7 d '1 % Buckeye Pipe L ..5 0 d 46 4 7 " Cons Ice (Pittsb)_50 d 2% Bucyruscom ____100 220 Preferred______50 d 18 230 Common new____d 53 Consol Textile___ 7 d 3% 55 Preferred_____ 100 107 Cons Coal of M d.100 Burden Iron pref.100 91 Preferred_____ 100 96" Burns Bros 7 % pf.l00 98 Consumers Co__ 20 d " 7 " 99 Prior pref'ce.-lOO 1 1 4 Preferred_____100 78 Class A com s tk .7 d 116 1 1 7 " Cont Baking A ____7 70% Class B com s t k .f d 23 Class B ________ 7 8% 25 Burr Add Machine. + d 120 Preferred (8% ) 100 121 93% BushTerm Cocom (t) d 36% Continental Can___7 37 71% 7% debenture- 100 92% Preferred_____100 122 94 Bush Terminal Continental M o t ..t 12% Bldgs pref----- 100 106% 107% Cont’tal Oil v t c.10 21% Butterick Co____100 52 % 52% I Corn Prod R efg..25 48% Byers (A M ) com . .7 d 46% Preferred_____100 128% 46% Preferred_____1O0 106 Cosg-Meeh Coal__ t 109 12 By Prod Coke (vot) t 67 68% C oty In cte m p ctf._ 7 59 Ask. share. 40 Stocks. Par. Cramp (Wm) A Sons I Sh A E Bldg .100 6 6 % Crescent Pipe L ..2 5 d Bid. Per 15 22 31% Crex Carpet___ 100 Crock-Wheeler . .100 41 28 Preferred___ 100 130 77 Crown-Wiliam Paper 120 38% 1 st preferred t d 90 Crucible S te e l_100 78% 20 Preferred___ 100 104 Cuba Cane Sugar. _ t d 9% 37 Preferred_____100 33% 47% Cuba C o ___ t d 31 86 Cuban-Am Sug__ 10 d 26% 48 Preferred . . .100 10 1 91 Cuban Dominican 24 Sugar com _____ t d 16% 79% Cudahy Pack__ 100 d 52 145 Cumberl Pipe L.100 131 no 24% Cushman's Sons__ t d 106% 7% pref. . . . 1 0 0 50 107% 8 % pref --------- j d 105 88 Cuyamel F ruit., . j d 33 11 D H Holmes Ltd. 100 250 Davega, Inc_____(f) d 25% 260 Davis C A O__ iOO 260 Davison Chem__ t d 29 3 Devoe A Raynolds 24 Inc 1st pref__ 100 1 0 2 % Class A (non-vot) j d 40 ‘ 4 Deere A Co pref. 100 107 Det A Clev N av ..5 0 d 14% Diamond Match.100 119% 138 Dixon (J) Cruc._100 157 114 Dodge Bros com A (t) d 25% Preference___ (+> d 83 Dodge M fg pref .100 32 21 Dominion Bdge.100 r 117 75 Dom Coal p re f.. 100 r 73 27 Dominion Glass. 100 r 105 107 Preferred_____100 r 1 1 2 % Dom I A S pref. .100 r 99 Dom St Corp pf.100 22% 66 Donner Steel coml00 85 7 1st preferred..100 9% 98 2d preferred-.100 8% 40 Douglas Pectin___ 7 57 51% 79 57% Douglas Shoe pf.100 Dow Chem com __ t d ___ Preferred_____100 100 12% duPont (E I) de N A Co com _____(t) d 172% 75 Deben stock ..100 105 43% Durham Hosiery.50 d 8 107 Preferred_____100 40 10’ % Eagle Lock______ 25 d 109 Eagle-Picher Lead 20 d 26% Eastern M fg______6 d 4% 112 Preferred_____100' 28 10% 23% East Roll Mill_____f d 24 Eastern SS Lines__ 52 2S0 1st pref______100 92 Non partic pref__ d 36 81 Eastman Kodak__ 7 d 129 Preferred_____ 100 119% Eaton Axle A S p ._f d 25 132% Eisenlohr (Otto) A Bro------------------25 d 12 24% Preferred_____100 90 Electric Auto-lite (71 d 64 Electric Boat___ (t);d 16% 25 Electric Refrig___ i\xd 35% Elec Stor Batt___ 7 d 73% 52 ' Elgin N Watch__ 25 d “75 51 Elk H Coal C orp._t d 10 119 Preferred______ 50!d 22% 40% 40% Ely Walker Dry I Goods_________ 25 d 34 103' 1st preferred.. 1001 110 20 2d preferred. .100 85 150 Emerson-Brant. .100 1 122 Preferred_____ 100 112 Emerson Brant Corp cl A _____(7) d 7% 77 Class B ________(f) d 2 55 Emporium Corp. (7) d 36 35 Endicott-Johnson. 50 d 65% 104 Preferred_____1001 117% 66 114% Equit Office Bldg— Preferred_____ 1001 118% 170% Erie Steam Shovel.5 d 27% 7% preferred. .100; 104 70 Eureka Pipe L ..10 0! 51 140 Eureka Vac Clean _t d 62% 138 Preferred_____100 52% Exch Buff Corp___7 d 15% Fair (The) C h i c ...7 d 27% Preferred_____ 100 104% 30 75% Fairbanks Co____25 d 2% 8% non-vot pf.100 55% Fairbanks Morse. . 7 d 40 Preferred_____100 107 91 Fajardo Sugar__ 100 156% Falls Rubber______j- d ____ 99 Preferred______ 25 d ____ Famous Players15 Lasky Corp_____t d 111 % 22 Preferred_____100 121% 22% Famous Players— Can Corp com _100 r 24 84 First pref_____100 r 98 242% 25 18% Fay A Egan com.100 Preferred_____100 60 105% Federal M ot Tr___7 d 28% 54 Federal Sug Refg. 100 Preferred_____100 % 5th Ave Bus term ._t d 12% 50 79% Federated Metals. _ 7 d 12% FirestoneT A R ub. 10 d 117 103 6% 1st pref— 100 103 50 7% 2d pref__ 100 100% 1% First National 3 Pictures 1st pf.100 97 20 28% 3% First Nat Stores., (f) Fisk Rubber com__7 36 16% 1st preferred.. 100 85% 95 1st pref conv pflOO 98 7% 2d pref 7 % ...1 0 0 70 80 Fleishmann Co____t 71 46% Preferred 6% .100 8% 93% Ford M ot of Can 100 4 1 5 " 81% Fostoria Glass__ 100 d 150 Foundation Co____t d 76 124 12% Fox Film cl A _____7 d 68 21% Fox Theatres Acom7 d 22% Franklin (H H) Mfg 49 16% Preferred_____100 78 129% Freeport Tex Co__ t 41% 16 60% Ask. share. [ V ol . 124. Stocks. Par. Bid. Per 31 11 Ask. share Gabriel Snubber A .t 31% 12% Gaiena-Sig O il..100 35 54 Pref (old)_____ 100 17% 50% Pref (new)____ 100 53 48 26 7 Gardner Motors__ t 31 6% 47% Gen Am Tank Car. 7 82 47% 109 1st preferred. .100 102% Gen Asph c o m ..100 81 81% 92 127 Preferred_____ 100 118 79 Gen Baking, cl A . . 1 58 105 57% Class B _________ ■ 6% 6% 10 % 122 Preferred_____ (f 119% 48% 53% 53 31% Gen Cigar common 7 Preferred_____100 116% 121 26% 117% Deb pref_____100 116 104 83% General Electric, (t) 82% Special 6% stk. 10 11% 17% 11% 54 52% Gen Fireproofing. _7 53% 132 Preferred_____100 106 General Motors__ t 153% 1 5 3 % 110 Preferred_____100 104 no Deb 6% stock. 100 104 108% Deb 7% stock. 100 121 121% 34 General Outdoor— 58% Advertising A __ t 58 26% 40 39% Com v t c _______ 7 71 Gen Petrol_______ 25 30 Preferred______ 25 Gen Ry Signal com j 88% 88 104 104% 1 0 5 % 41 Preferred_____ 100 42 41 108% General Refrac____j 150 15% Gen Tire A T u b ..25 Preferred_____ 100 102% 12 0 U8°5* Giant Port C em ..50 75 160 Preferred______ 50 45 25% 93 % 93 c3% Gillette Saf R az. (f) 43 Gimbel Bros______7 40 o ^ Preferred_____ 100 102% i 4 ____ Glen Alden Coal__ j !6 9% 168 ____ Glidden C o ._ ____ 7 18% 88 7 % prior pref. 100 84% 91 87 5 I Globe-Wernicke .100 88% 90 Preferred____106 4% 2% Godch’x Sug Inc__ 7 11 23 Preferred_____100 18 100 43 44 Gold Dust Corp v t c j 45 48% 48% 52% Goodrich (B F )___ j 98 Preferred_____100 97 83 Goodyear Tire A 74 29 Tubber c o m .. 100 -9 8% 99% Preferred_____100 Prior pref_____100 107% 173 107 Goodyear T A R of 108 California pref__ n 94 12 Goodyear T A R of 55 Canada pref..100 97% 96% 112 32 29 26% Gorham M fg com (7) Preferred_____100 100 6 Gotham Silk— 32 63 62% Hosiery (voting).7 24% 62% Non-voting_____ 7 : 6 2 % 52% 1st preferred. .100 111% 112 93 7 %pf(with war)100 104% 105 38 9% Gould Coup A _____7 : 9 % 130 128% Grasselli C hem .. 100 128 120 104 102 Preferred_____ 100 26 14 Grat A Knight___ 7 ! 13 63 59 New pref_____100 12% 86 84 Gray A Dudley_100 93 102 105 Preferred________ 67 G t A A P T e a pf.100 116% 117% 17 72 Gt Lakes Tow__ 100 36 104" Preferred_____100 100 74 300 Great Nor P a p .. 100 292 76 76 New stock_____25 : 73 10% 25% Great West Sug. .25 111% 112 121 120% Preferred_____100 98 95 34% Grnfld TapAD pflOO Grennan Bakeries. 7 102" P referred____100 1 0 6 ‘ 90" W arrants_______ 2 "9 ” Guantanamo Sug__7 '8 % 15 102 Preferred_____100 96 Guardian Invest’t 11 98 100 ! Corp units______7 4 96% Gulf Oil Corp___ 25 : 96% 40 56% Gulf States St’l._100 55% 66 103 1st preferred..1 0 0 102 120 Hale A Kilburn._100 13 Preferred_____100 II" 119 Hamil-Br Shoe__ 25 38 28 Hanna (M A) 1st 105 56% 60 preferred..___100 51% 15 Harbauer C o____(7)! <2 12% 63 Harb-Walk Ref_100 108 114" Preferred_____100, 15% 31 27% Harris Auto Press(t);d 3 0 " 27 jHartman Corp cl A' 7 d 26 107 25% 24% 3% j Class B ________ 7 Hart, Schaffner A 113 M arx_________100 112 41" 108% Hawaiian Com A 50 49 157% i Sugar--------------25, Hayes Wheel______7 [d 16% 17 4 104 Preferred_____100 100 15 k 49% Hazel-Atlas Glass.25 d 111% Helme (G W) Co 79% 79 Comtnon______ 25 122% Preferred_____100 117% J 123% ISO Hercules Powder 100 175 118% Preferred_____100 116% 99 195 Herr-H-MarSafe 100 185 40 Hey wood-Wake 80 66 60 field C o______100 29 99 95 Preferred_____100 40 22 21% Hoe (R) A Co cl A_7 60 Hollingsh'd (RM) Co 15 10 5 Com m on_______ 7 12% 82 U nits___________7 121 Holly Sug C o_____7 37" 35 105 84 82 Preferred_____100 45% Hood Rubber_____7 45% 102% Preferred_____ 100 100 100 104% 29% Hood Rub Pro p f 100 16% Hooven Owens A 95 103 Rentschler pf.100 86 Horn A Hardart(NY) 54% 53 101 260 Horn A Hard't (Phila) 47% 46% 46% Household Prod__ 7 76 75% Houston Oil ctfs. 100 Preferred ctfs. 100 87 86% 425" Howe Scale pref_100 67 70 56 55% 78% Hudson M ot C a r ..7 59% 59% 68% Humble OH A R ..2 5 21% 21 % Hupp M otor_____10 23 13% 12% 16% Hutch Sug P ltn ..25 7% Hutto Eng Corp _(7) 82 7 '6 " 41% Hydraulic Pr Br.100 Preferred_____100 80 Illinois Brick_____ 25 d 48% 49 a Purchaser also pays accrued dividend, d Price per share, not per cent, it Last sale. I Par value $100. n Nominal. 0Price p er cent of val. rCanadian price, s Sale price, ( New stock, u Ex-stock div. * Assessment paid z,Ex-dividend V Ex-rights, t Without par value. Stocks. Par. 47 INDUSTRIAL AND MISCELLANEOUS STOCKS F eb., 1927.] Did. Ask. S tocks. Par. Bid. Ask. S tocks. Par. Bid. Ask. S tocks. Par. Bid. Ask. Per share. Per share. Per share. share. New Niquero SuglOO 78 Reis (Robt) & C o .- t d 753 8 70 Lord & Taylor_100 225 Illinois Pipe L — 100 250 129 N Y Air Brake____t d 43% Imperial Glass. .100 1st preferred-.100 1 st preferred-.100 70 75 95 4353 : 72 100 N Y Canners I n c .-t d 19 2d preferred-.100 105 1953 Remington Noiseless Imperial Oil new------ d 3953 115 40% 72 Typewriter A __ t d 34 $6 preferred___(t) d 66 35 Imperial Tobacco Lorillard (P )_____25 d 30% 3113 N Y Dock______100 d 33% Remington Typ.100 133 35 of Canada com__5 dr 653 Preferred- -.100 114 118 7 13453 Preferred___ 100 72 116 Imperial Tobacco Louisiana Oil R ef (t) d 16% 1st preferred. .100 114 7353 1613 N Y Transit___ 100 32 33 2d preferred 100 11353 114 of Gt. Brit & Irel’d d 25% 28 613% pref____100 96% 97 Nicholson F ile ..100 207 Reo Motor Car__ 10 4 2153 Ludlow Mfg Assn (t) d 173 Indepen Brew’g --5 0 d ____ s 3 177 2153 17 _1 i 1153 Ludlum Steel_____t d 27 Preferred --50 d 5 A 27 Vs Niles-Bem’t-P’d . 100 1853 Replogle Steel. 1153 6 Preferred___ 100 83 77 Repub I & Steel. 100 60 Indep Oil & Gas__ t d 32% 32% Lukens Steel_____50 d 27 27 Vs 6053 Nor & W Stboat-100 x 275 285 Preferred 100 MacAndrews & Indeb Pneum T o o l-t d 53 99 53 100 55 North & Judd____25 d 21 24 Forbes _____ (t) d 40 Repub M ot Tr vtc t 4 453 5 Indiana Pipe Line 50 d 6553 41 66 A Northern Pipe L.100 73% 75 Reynolds Spring .1 i 453 104 5 Indian Motocycle t d 15 Preferred___ 100 101 15% Mackay Cos (See P ublic U duties') Norwalk T & RublO d 4 453 Reynolds T ob___ 25 1 ___ 7% preferred--100 93 Preferred.. -.100 65 B common_____25 112253 122 53 Indian Ref com __10 d 7 % 50 8% Mack Trucks I n c .-t d 9453 94 Vs Nova Scotia Steel & Rich & Boynton 1st preferred..100 108 Stock tr ctfs -10 d 753 109 8 ____ Coal p r e f . __ 100 r ____ Partic pref. -_ i d ____ 2d preferred-.100 101 Preferred - - 100 102 107 A 104 14 Nunnally C o. _ . t d 13 Richmond Rad_(t) d 21 22 India Tire & Rub_(t) d ____ 29% Macy (R H )______t d 136% 140 Mallison (H R )____t d 15 Preferred . s 47 Ingersoll-Rand - - (t) d 93 94 1613 Ogiivie FI Mills newt ■ 205 ___ Rocky M t Fuel_100 Preferred___ 100 r 122 P re fe rr e d .__ 100 5 72 Preferred_____100 253 110 70 Ohio Brass pref. .100 103 Preferred . _ 100 Inland Steel------- (t) d 41A 41% Manati Sugar___100 46 353 753 4513 Class B . . _t d 84 86 Rome Brass & 0.100 132 142 P referred __ 100 Preferred- - 100 106 72 7613 11253 .100 75 Intercont Rub------1 d 12 6153 Rome Mfg 12% Manhat El Sup___ t d 54 5413 Ohio O i l ________ 25 d 60% 168 Int Agr Cor com - 1 d f^9A 3253 Royal Bak Pow_100 160 2513 Oil Well Supply__ t d 31A 10% Manhattan Shlrt.25 d 25 P r e fe rr e d .__ 10C 103% 10453 Preferred- . 100 119 Preferred___ 100 100 102 Prior p r e f__ 100 63% 61 Omnibus Corp v t c .1 d 12% 13 Royal Dutch Co N >’ d 5153 Int Business M ach.t d 5553 70 55% Maple Leaf M ill. 100 r 5153 Preferred A __ 100 85% 87 Safety Cable Co (t) d 5453 Inter Button Hole Preferred . . _ 100 r 55 100 Maracaibo Oil Expl t d 2013 Safety Car H & LI 00 124 Sew M achine--10 d 553 128 6 203-3 Ontario Stl Prod 100 r 77% ___ St L Car Co 7 % pf 100 P referred____100 r 100 90 93 Int Cement C o rp .-t d 4753 48A Marland O il.. _ t d 57 57 Vs Onyx Hosiery _t d ___ Pref (7 % )___ 100 3753 St L Cot Com p. .100 103 103% Marlin-Rockwell 59 St L Nat Stk Y_ . 100 Corp v t c . . t d 31 Int Cigar M ach. 100 112 88 120 85 31% Oppenheim Collins _i d 58 Orpheum Circuit. .1 d 3353 Int Combust Eng__t d 4653 3353 St L Rocky M t & 22 46% Martin-Parry C o r.t d 21 Preferred_____100 Mason Tire & R __ t d 1% 106 Pacific Co _ _ 100 20 23 Int Educational 153 Otis Elevator___ 50 d 12833 129 53 Preferred.1O0 Preferred___ 100 Publishing com.50 d ___ 57 60 18 16 Preferred_____100 d 104 St Regis Pap, com . 1 d 40 110 50 P re fe rre d ____50 d 4 A 5 A Mathi’son Alkali.50 d 8413 86 8 140 34 140*4 100 d 753 97 10013 105 Prior preferred. 100 d 62 Preferred-- -_100 127 62 53 Salt Creek Cons Oil. d 753 8 127% May (The) Dept Stores Co com . .25 d 6813 Outlet Co com__ (t) d 52 Salt Creek P rod --l( d 3053 Internat Holding— d 2.10 56 31% 69 2.60 Preferred_____ 100 104 San Cecil Sug pf.lOC Rts expire Mar 1- d 113 Internat’l Match— 4 113 Preferred_____100 125 79 Savage Arms__ 100 64 Partlc pref- - -35 d 63 A 70 12504 Owens Bottle___ 25 d 7853 63% Preferred____100 115% 116 Sav Riv Lum pf.100 Int Mer Marine. 100 353 2713 253 653 7 A Maytag C o. — - t d 27 Oxford Paper pfd 100 106 108 Savan’h Sug com . t d 135 140 Preferred__ -100 38% 38% McCall Corp___ (t) d 53 55 17 Preferred _ _ 100 118 Inter Nickel____25 d 41 63% Pacific Coast Biscuit 1653 120 41% McCrory Stores__ i d 62% 106 4853 4853 d 48% d 63% 4853 64 Pacific Coast C o. 100 Preferred (7% ) 100 111 Inter Paper . — (t) d 56 A* 15 18 Preferred_____100 112 57% 11653 11853 Scovill M fg ___25 d 63 M engelCo_____100 1st preferred. .100 47 52 6% preferred--100 32 65 2d preferred. .100 Seagrave Corp____t d 1253 35 45 7% pref______100 99 A Merc S to r e s ____100 104 13 99% 108 Pacific Oil stubs _ .t d 153 Internat Petrol------1 d 82% 32% Merch & Mfrs— 153 Sears, Roebuck & Packard M otor__ 10 d 3453 Co common _ _ t d 5253 Secur Co pref. .25 d 31 inter Salt. -_ —100 34 53 3453 71 70 Mere L inotype., (t) d lu ) Paige-DetroitMot (t) d 1053 Internat Shoe— -t d 157 161 111 1053 Seiberling Rubb__ 1 d 2153 2353 Pairpont C orp ..100 190 Preferred _ . _ 100 Preferred__ 100 108 96 81 10853 Merrimac Chem _ _50, d 77 Pan Am Petrol & Shaff O & R pf 100 x 9053 Inter Silver.. -.100 110 Metal Door & Trim 112 9353 Transp com ___ 50 d 63 53 Sharon Steel Hp__50 d 24 P re fe rr e d -__ 100 Units. __ 50 d 55 64 107 25 60 105 Com Class B __ 50 d 6453 • 6453 Shattuck (Frank G) t d 58 Metro-Gold Pict-.27|d 25 Int Text Book__ 100 30 26 2513 5853 Pan Am West Petrol Shell Transp & Tr £2 d 4553 MexEagle O il.. _.5|d 4 Intertype Corp----- 1 dx 19 20 6 46 Class A com ____t d ___ Mex Seaboard Oil_tId Shell Union Oil -1 d 30 53 Iron Prod Corp . .10 d ____ 7 7 79 30 53 Class B com ___ t d 36 53 J R Montgomery 100 Michigan Sugar. .10 d 213 P re fe r r e d .__ 100 25 313 3653 107 53 10853 P referred_____10 d 16 Sherw-Williams . 25 d 43 53 Preferred____100 45 50 613 Panhandle P & R - . f d 15 Preferred___ 100 72 1st pref A . 100 108 53 10853 Jewel T e a ______ (t) d 55% Mid-Cont Pet— (t) d 37 A 79 56 3813 Paraffine Cos com . 7% preferred..100 103% 105 Preferred .100 120 124 11553 11653 Sher-Wms Can. .100 r 142 143 Mid States Oil__ 10 d 2% Preferred__ 100 r 120 Johns-Manv, I n c .-t d . 7 s 216 213 Paragon Refg____25 d 653 P referred ____100 C tfsofd ep ------- 10 d 1A New common____ ds 59 75 Shredded Wheat, (t) d - ____ 66 53 s 59% 56 153 Parke, Davis C o ..25 d 14153 142 Shubert Theatre, (i) d 57 New preferred___ ds 115 s 115% Midland Steel 5853 Products pref. 100 110 Park & Tilford In c. t d 2053 Johnson Tin Foil 112 21 53 Simmons C o_____ 1 d 35 53 3553 Pathe Exchange A .t d 4053 Midvale C o__ — t d 23% & Metal___ Preferred _ _ 100 107 53 109 100 25 41 65 Miller Rubber, com f d 33% Simms Petrol Co 10 d 2153 Jones Bros T e a ---- 1 d 1453 24 34% Peck, Stow & Wile 25 d 22 15 2153 Jones & Laughlin P re fe rre d -_100 Simon (Franklin) & 28 102% 10413 Peerless M ot Car.50 d 2753 Penick & Ford___ t d 2153 Mohawk Rubb_100 Steel 7% pref. 100 U S A Co pref. -.100 111 118 25 113 2153 Preferred___ 100 10053 Preferred. 100 Jordan Motor C ar.t d 18% Sinclair Cons Oil. 1 d 21% 65 19 2153 Montgomery Ward Penn Coal & Coke 50 d 13 K C S tk Yds M e . 100 105 14 Preferred_____100 103 103 53 Co common____10 d 62% Singer M fg_____100 383 Preferred__ 100 36 388 83 6253 Pa-Dixie Cem ent._t d 3553 Class A . - - t d 114% 115 Series A pref. .100 Kanawha & Hock 99 6 995-3 Singer M fg Ltd . £1 d 5 Skelly Oil _____25 d 35 Coal & C ok e.-100 Moon M otor C a r .-f d 10 77 1013 Penn Salt M fg__ 50 d 7553 3553 Morris (Philip)__ 10 d 37% Preferred . . -.100 53 53 Sloss-Sheff S & 1 .100 124 3813 Penn Seab Steel__ t d 12653 Morse Twist Drill Penn Traffic___ 2% d P re fe r r e d .__ 100 Kans & Gulf C o . .10 d - . 106 153 108 153 & Machinery__ 50 d Smyth M fg C o ..100 350 Kayser (Jul) & C o .i d 55 19 56 7113 Penn-Mex Fuel__ 25 d 1753 Solar Refining__ 100 1st preferred----- " d 118% 118% Motion Pic Cap_(t) d 12A 197 199 1253 Penney (J C) pf.100 Pettibone Mull- _ 100 Keith (Geo E) Co— M oto Meter Co A __t d. 33% 34 Sonora Phon pfd 100 33 38 1st preferred. .100 100 102 Mot Wheel C orp .(t) d 22 Southeast E xp. .100 100 2213 Phelps-Dodge___100 127 130 102 Kelly-Springf Tire 25 d 10% 10% Mountain Prod__ 10 d 26 South’n Bak, com 162 2613 Phila Insul Wire__ t d 63 167 Muller Bakeries A . . t dx 27 Phil & Read C & I . t d 4253 6% cum pref.-10C P referred.. __ 39 29 96 4253 97 87 A Pref with warr.100 d x ------ n o Ctfs of int (w i). . t d 42 8% 2d pref...10C 48 45 •4353 South Dairies A _ . t d 3853 3853 Phillip-Jones C orp.t d 4653 Mullins B ody____t d 10 Class B _____ _t d 1453 Kelsev Wheel__ 10C 11 77 4953 80 1453 Preferred___ 100 Preferred____100 Southern Ice Util A (t) d 17 Preferred_____10C 78 8) 85 76 >3 11353 11613 d 38 Class B (f) d d 10 38% d 5653 5653 PhoeDix Hosiery__ 5 d 40 Preferred__ 100 Murray B o d y ____t d 1st preferred . (+) d 88 25 43 95 Preferred_____106 Keyst Tire & R __ 1C d Certifs of deposit.t d Southern Pipe L New d 25 % 101 27 % 753 Pierce-Arrow M ot Ctfs dep stpd------ d Kinney (G R) - - t d 60 63 South Penn Oil. .25 d 3853 3953 Car Corp_______ t d 20 Murray Corp n e w .. d 31 Preferred 10C 83 84 31% 2053 So Porto RicoSuglOC 161 163 Preferred_____ IOC Nash Motor (no par) d 6513 Kirby Lumber.-10C Preferred_____10C 190 235 90 91 6513 11853 12253 Pierce Oil Corp__ 25 d Knox Hat com __(f) d 85 Nat Acme stpd— 1C d 5 A 6 90 53 57 59 53 S'west Pa P L __ 10C Preferred_____10C National Baking, (t) d Spalding (AG) & Bro $7 cum pref— (t) d 95 17 99 9 913 1453 Pierce Petrol. __ t d 353 Preferred_____ 10C 81 86 1st preferred -10C 104 Cl A partic p f.(t) 1d 85 95 353 106 Pigg Wigg Corp---- f d 16 Kraft Cheese_____25 d 54 A Spanish River Pulp 97 17 56% Nat Biscuit______25 d 961-3 Preferred___.10C Kresge Dept Stores t d 15 Preferred_____10C 131 133 & Paper M __ 10C r 9953 17% 90 95 99 53 Preferred------- 10C Nat Candy_____10C Preferred_____ 10C r 11353 73 78 8713 8813 Pittsb Brewing___5C d 4 453 Preferred___..5C d ____ 1st preferred-.100 Kresge (S S) Co— 112% 10 54 13 1153 Spear & Co. temp 1 Pitts Coal (Pa)_100 2d preferred.-10C Com (vot) ._ 1C d 49 104 34 36 Pref _____ ...IOC 4 *A 106 79 7753 Preferred__ 10C Preferred 10C 105 112% Nat Carbon pref. 10C 129 139 % 71 22 7353 Spicer Mfg C o_. 1 d 21 _ 5 Pittsb Oil & Gas_ Kress (S H) & Co 10C Nat Cash Reg A -(t ) d 41 % Preferred. 10C 101 60 56 d 353 105 4153 353 Nat Cloak & Suit 10C d 18 % Pittsb Pi Glass..IOC Preferred10C Stafford Co pref. 10C 20 92 s 250 100 Pittsb Steel pref. 10C 100 Kupp’h’mer (B )— 5 d 34 P re fe rre d -__ 10C 56 65 Standard Milling 10C 7L 36 101 7153 Nat Dairy Prod— t d 76% Preferred__ 10C 105 6% n-c pf new. 10C 87 7653 Pittsburgh Steel Fdy 88 com ------------ (t ds 28 Laclede Steel------10C Nat Dept Stores__ t d 25 26 190 s 2853 Stand Oil (C a l)..(t) d 59 59 53 Preferred 10C d 1st preferred_-100 Lago Oil & Trans. (T. d 21 Stand Oil (Ind) -.2 5 d 71 21% 9213 s 80 91% 715s Lake Sup Corp.-10C 38 Stand Oil (K a n )..25 d 1953 40 1A 1853 Pittsb Term CoallOC 1% Nat D'ist Prod__ (t; d 18% 20 Preferred. 10C Lake of the Woods Preferred_____(t) d 43% Stand Oil (K y )___25 d 119 45 80 86 11953 Nat Enam & Stpg 10C Plimpton M fg ColOC 105 Milling_______ 10C r 155 25 Stand Oil (Neb)-.2 5 d 48% 160 27 49 Preferred.. 10C Preferred___ 10C r 116% 84 Stand Oil of N J ..2 5 8413 Porto Ric A Tob.lOC 85 8213 3853 Nat Fire-Proofing 5C d 8 Lambert C o ______ 1 d 66% 67 68 Preferred__ -10( 116 853 Postum Cereal____t d 9753 11653 Prairie Oil & Gas .25 d 53 53 Landers, Frary & P referred ____5C d s 28 5353 Stand Oil of N Y . . 25 d 3253 33 135 % 13fiV6 C l a r k . ____-.2 5 d 91% 1Q5 34fi 192 93 Lanst Monotype 100 National L ead ..100 163 Pratt & Whit pf.100 94 95 164 86 " 90 Preferred. 100 1 2 1 124 Larrowe Milling---- 1 d 22 Preferred- ..10C Pressed Steel Car 10C 23 117 Stand Plate Glass i 118 42 4153 d 353 353 Laurentide C o ._ 10C r j.04 Preferred__ 10C ' ____ 10413 National Leather. 1C d 3 83 Preferred____10( 313 82 53 25 _ Lee Rub & Tire------1 d 6% Prior p r e f __ 10( 187 713 Nat Ref com . __ 25 d 39% 3913 Proc & Gamble__ 2C d 185 Leh Coal & Nav._50 d 108 Preferred-10C 8 % Preferred _ . 10( 130 164 Stand Sanit M fg . .25 d 8753 10813 88 53 Lehigh Val Coal Nat Sugar Refg.lOC 135 ___ 6% preferred--10C 138 Preferred-10( 11253 11253 Sales . — 5( d 97 Prod & Ref Corp_5( d 24 Nat Supply C o__ 5C d 91% 99 92 105 110 2453 Standard Screw. 10( Leh & W-B Coal__5C d ____ Preferred_____ 10C 115 Preferred______ 5( d 41' Preferred A __ 10( 101 11513 4553 Pullman C o_____10( xdl87 Lehn & Fink Prod_1 d 35% Nat Tea com _____1 d 116 36 120 7 187 53 Stand Tank C ar. 1 d 5 Libbey-Owens Nat’l Transit._12.5C d 1353 40 44 Preferred10( 1353 Punta Alegre Sug.5( d 4353 42 Pure Oil Co _____ 25 d 2853 - 2853 Stan Text Prod 10C Sheet Glass___ 25 d 140 Natomas Co of Cal 144 6 753 Preferred__ __ 10C 11653 p re fe rr e d _-10C 50c. 6% preferred-.IOC Preferred A _10( 25 9653 2853 New Bedford CordLibby. McNeil & 8% preferred._10( Preferred B _10( 12 11153 15 age com ______ 1( d Purity Bak cl B (vot) i d 4353 Libby_________ 1( d 10 42 1013 4353 Stanley Co of A m __ d 8853 8853 P re fe rr e d ----- 10( Cl A (non-vot) .25 d 48 Life Savers____ (t)'d 2253 23 104 4853 Stanley Works__ 25 d 75 77 Lig & Myers T ob.25 d 99 53 100 A New Departure 7 % pf (non-vot) 10C 103 Preferred______ 2£ d 27 104 Mfg p r e f ____10C Quaker Oats____(f, d 180 Common B ___ 25 d 99 53 99 A 110 Steel Co of Can.-10C r 11953 120 185 New Egyptian Portl Preferred_____10C PreferredlOOj 126 139 Preferred_____10( r _ 107 53 108 130 Lima Locom W k s.t d 62 53 63 Cement com _(t! d 8 9 % Radio C o r p ______ 1 d 5253 Sterling Products (t) d 9553 53 9653 Lindsay Light____10 d 1 53 7% pref______ 10C P referred _____5( d 51 213 90 100 52 Stetson (J B )____(f)|d 9153 93 Preferred______ 10 d 7 R1 Silk H osM (v)_10|d 4553 913 New England Spun P referred _____25!<2 36 38 4553 Silk pref______ 10C 54 Pref (voting)-.100 92 Liauid Carbonic__ t d 53 10713 Stew-Warn S peed-.tid 6353 99 64 Reece Button-Hole Lit Brothers_____10 d 26 183 186 Stromberg-Carls 2613 N J Z i n c ______ 10C N J Worsted Mills Loew’s Inc________ ' Id 51 % 52 M achine--------- 10 Id 1553 Telef M fg _______ s 4053 d 7 90 95 713 1^ 50 Regal Shoe pref___ Long Bell Lum A (t) d 4 0 % 4113 New^Mexico & Studebaker C o r p ..' d 5453 74 76 5453 Loose Wiles Bls.lOC 159 16013 I Arizona Land---- 1 d 1113 1113 Reid Ice Cream___• d 3853 Preferred_____ 10C I 119 40 122 1st preferred __10( Preferred_____ 10C 117A 118% 99 9953 | 2d preferred -.100 150 165 a Purchaser also pays accrued div. & Assessment paid, d Price per share, not per cent. A: Last sale. I Par value $100. n Nominal, r Can adian price, s Sale price. (New stock, u Ex-cash and stock div. c Ex-stock div. x Ex-div. y Ex-rights, t Without par value. Per 128 48 INDUST. AND MISCEL. STOCKS-MUNIC. BONDS S to c k s. P ar. P er S tu tz M o t o r C ar — t.d S u b m arin e B o a t ___ t d Sugar E sta te s O rien te p r e f___ 100 d S u lliv a n M a c h 'y . ( t) d Sun O i l _______ - (+) d Superior S te e l___ 100 d S w ed ish -A m er In v P artic p r e f ____ 100 S w eets C o o f A m . 10 S w ift & C o . - _ - 1 0 0 S w ift I n te r n a l’ ! . . 15 S w inehart T & R .1 0 0 S y m in g to n C o ______ t C la ss A ___ . j T e x a s C o m p a n v l _25 T e x a s C o rp o ra tio n 25 T e x P a c C o a l& O il.lO T e x a s G u lf S u lp h .1 0 T e x tile B a n k in g 100 T h o m p so n -S ta r r e t t P r e fe rr e d ___ -1 0 0 T h o m p s o n (J R ) . _ 25 T id e W A ssn O il— t P r e f e r r e d .. — 100 T id e W a t e r O il_____t P r e f (n o n -v o t) 100 T im k e n -D e t A x le 10 P r e fe rr e d _1 0 0 T im k e n R o ll B e a r .t T o b a c c o P rod . 100 T o r r in g to n C o ___ 25 T r a n s c o n t’l O i l___ t T ra n su e & W illia m s S teel F orgin g t T r o y F d y & M a c h .25 P referred — 100 P r e fe rr e d ______ 100 T ru sco n S te e l___ 10 P r e f e r r e d _____ 100 U n d e r w ’d T y p e w .2 5 P r e f e r r e d - . — 100 U n B & P O o r p — 100 U n G arb & C a rb o n , t U n io n O il o f O a iif 25 U n O il A s s o c ia t e s .25 U n S t Y d s So O m lO O U n io n T a n k C a r 100 U n ite d B iscu it c l A ( t ) 17% 3 17% 3% 74 4% 50 32 20 15 76 52 34 22 15% 10 8 11 117% d 22 d d d d d d d d d d d d d d d A d 110 12 . 118 22% d d d A d t A 6 12% 12% 57% 56% 15% 53 195 65 106 48% 22% 95 29 89% 12% 5% 12% 12 56% 56% 15% 52% 185 t 55 103 48% 22% 94% 28% 89 12% 97 10% 109% 114% , 68 4% 15 10 24 100% 44% 121% 41 101% 53% 53% 12 9 96 38 P ar. s h a re . d d d S to c k s. A sk. B id . 10% 109% 115 68% 4% 15% 5 5 10% i 73% 24% 102 45 12 2 42% 102% 54 53% 131 96% • 41% B id . Per U n ited C ig a r Stores o f A m e r ic a ______ 2 5 d 9 6 % P r e fe rr e d _____100 126 % U n ite d D r u g -------100 165 59% U n ite d D y e w o o d .1 0 0 6 P referred _____100 25 Un E n g & F d y — 10 0 190 113 U n ited F r u it _______ t d 114 U n it P ap er B oard 10 0 17 P referred . 100 60 U n td Sh M a c h C o 2 5 d 5 1 % P r e fe rr e d _______ 25 d 2 8 U S B o b b & S h u t. 100 28 P referred — 100 90 U S C a n c o m ______ t d 3 9 % U S C a s t IP & F d y lO O P referred _____100 U S D a ir y P rod — C o m m o n A ______ t C o m m o n B ___ (t) U S D is t r ib _________ t P r efe rre d ______ 100 U S E n v e lo p e ___ 10 0 P r e fe rr e d ______ 10 0 U S E x p r e s s ______ 10 0 U S F in is h in g .- . 1 0 0 P r e fe rr e d ______ 100 U S G la s s _________ 25 U S G y p s u m . . — 20 P r e f e r r e d . ___ 10 0 U S H o ffm a n M a - S to c k s. A sk. P ar. B id . P er s h a re . 210 109 A 28% d 9 A 54 96% 13 2 16; 59% 9% 49 U n iv P ip e & R a d — t d 2 9 % Preferred 100 86 U t a h -I d a h o Sugar 6 d 1% V a c u u m O il _ _ _ 2 5 d 101 d 39% V an C am p Pkg c o m . 9 P refe rre d ________ . 12 V a n C a m p P r o d p f5 0 d 91 11 5 18% 70 51% 28% 30 95 V an R a a lte C o _____f 1st p r e fe r r e d .- 1 0 0 V ick C h e m _ _ _ _ t V ic to r T a lk M a c h ( t ) 7 % p rior p r e f 100 C o m C on v p re f(f) V ictor T a lk Old 100 V ictorv P ark L an d — 101% 210% 114 55 250 16 5 10 8 2% 65 d 88 111 3% 69 89 s 15 dv 9 8 98% 116 115% d 53% U S In d A lc o h o l- 1 0 0 79% P r e fe r r e d . — 100 109 U S P la y in g C a r d .2 0 d 1 7 6 % U S P r in t & L ith o — C o m m o n ______ 100 76 P r e fe rr e d ______ 100 95 54% 80 110 17 8 79 98 42 P referred — 100 10 0 U S R e a l t y & I m p ___ t d 6 2 % 62% U S R u b b e r _____10 0 59% 59% 1st p r e f e r r e d .. 1 0 0 107% 107% U 8 S m R e f & A lin . 50 d 3 4 % 35 P r e fe rr e d . ____ 50 d 46 46% U S S ta m p in g ___ 100 k 110 U 8 S te el C o r p _ . 100 156% 157 N e w w i ______ 100 113% 113% 180% 130 P r e fe rr e d ___ - 1 0 0 U S T obacco . . _ f d 68 69 P referred . . 10 0 123% 12 5 U n iv L e a f T o b — ( t ) d 4 3 45 P r e fe r r e d ______ 10 0 10 2 105 U n iv e r s Pie 1st pfIOO 101 10 0 V a -C a r d C h e m (nmv C o m m o n _____ % 7 % prior p r e f. 100 6 % p art p r e f. .1 0 0 V a Iron C & C — 100 P r e f e r r e d . ___ l 0 0 V V iv a d o u I n c ___ t P referred 100 V u lca n D etin nin glO O C o m class A . . 100 P r e f e r r e d .. .1 0 0 7 % p ref cl A . -1 0 0 W a ld o r f S y ste m t W a lt h a m W a t c h & C lo c k cl B _______ t Prior p r e f_____100 d 13 60 A. 5 5 % d 38 d 98 90 152% 5« c o )— • d m 84” 33% 43 76 d 34% 10 6 22% 16% 95 80 d 23% d S to c k s. A sk. , [ V o l . 124 29% 87 1% 10 2 39% 13 16 97% 95 13% 65 55% 38% 98% 90% 15 2 §4 T^y 34 10 8 22% 20 102% 95 23% B id . P ar. A sk. P er s h a re . W e s to n E l I n s t r u . - t C la ss A _____ t W e s tm o r ’ d C o a l — 50 W V a P u lp & P a p . _ t d d d d s h a re . 16% 32 % 53% 60 10 0 17 3,3 54 63 10 2 W h e e lin g M o ld & F d y com m on _ _ . t d P referred — . 1 0 0 P referred A ___ 10 0 P referred B .1 0 0 W h ite E a g le O il & R e fin in g __ f W h it e M o t o r . . 50 W h ite A lo t Sec pfIOO W h it e Sew A la c com P referred . (t) k 11% k 40 k 40 k 104 k 117% d d 26% 55% 1 0 ,% d 19% A. 4 7 % d 27 %j 82% ( i i m a n W m p f 10 0 l/V i. k w ire-Sp en cer % fcjVtteel T r u s t c t f s . t d. iaBfct Ts -O v e r la n d — 25 (i 21 % f S J B ^ 'r r e d . . .1 0 0 92 d 12% A ------ . - t d 27 ___ 11)11 78 W ^ t w 'f c e r C o . .1 0 0 15 53 ls^ Y ,r e fe r r e d _ _ 10 0 22 2 d p referred . . 1 0 0 W o o d s M f g ______ 100 r 45 P r e f e r r e d -.1 0 0 r 87 76 W o o d w a r d I r o n . 100 P referred 100 90 W o o lw ’tb (F W ) 25 d 1 8 1 % 120% W o r th in g to n P u m p & M a c h ________100 21 P referred A .1 0 0 47 Preferred B .1 0 0 39 W rig h t A e r o n . . ___f d 31 W r ig le y ( W m ) Jr _t d 5 1 % 40 41% 112% 116 61 % 63 W a lw o r t h C o _____20 d 1 9 % 20 W a r d B a k in g C o r p — 115 C o m C la ss A _____t d 107 C o m C la ss B _ f d 30 31 Preferred ___ 100 92 93 4.3 W a r n e r B r o s P ic c lA lO d 4 2 % d 68% ) 69 1st p r e fe r r e d ___ 5 0 d 4 5 11 0 46 7 % preferred .1 0 0 2 d p referre d ____5 0 d 4 6 8% preferred 100 W a r w ic k I & S t — 10 d 1 1 % Y a le & T o w n s . _ . 25 d 7 2 W a sh C ro sb y p f_1 0 0 Y e llo w T ru ck & 107% 109 W a sh b u r n W i r e . 100 ,8 0 C o a c h A lf g cl B . 10 d 2 7 ' . 160 W a sh in g to n O i l . .1 0 d P r e fe rr e d . . .1 0 0 95 W a sh A ta r k e t_____50 d 50 Y o u n g (J S) C o ....100 115 54 W eber & H e il b r .. f d 5 8 % 59% P r e f e r r e d -. 100 105 W e lls F argo & C o . 1 d 2 % V o u n g sto w n S heet 1% W e lsh ’eh C o c o m 100 30 & T u b e ______ t d 8 >4 W e s t D a ir y P r o d A t d 4 8 % P r e f e r r e d . ___ 100 109 49 s 16 C la ss B v t c . - ( t ) d 1 W e s tin g A ir B r'k e 5 0 d 1 3 4 % 13 6 W e s t ’hse E l & M f .5 0 | d 6 8 % 68% 1st preferred 50 d 8 0 % 82% 1 26% 56 107 19% 48 27% 84% % 21% 93 12% 27% 79 18 55 25 48 88% >0 18 2 121 % 21% 48 41 32 52 72% 27% 95% 11 9 10 8 8 % 109% a P u rch a ser a lso p ays a ccr u e d d iv id e n d b Assessm ent p a id d Price per share, not per c e n t. e W ith c o m m o n s to c k D onas. * L a s t s ale, n N o m in a ), r C an ad ia n p r ic e , s Sale p r ic e , t N e w s to c k u E x -ca s h a n d s to c k d iv id e n d . v E x -s to c k d iv id e n d . « E x -d iv id e n d . u E x -rig h ts, t W ith o u t p a r v a lu e . UNITED STATES AND MUNICIPAL BONDS In r e p o r tin g b e lo w p rice s fo r S ta te a n d m u n icip a l s e cu ritie s, w e g iv e b id a n d ask ed q u o ta tio n s w h e re ve r t h e y ca n b e o b ta in e d . T h e c u s t o m , h o w e v e r , is t o q u o t e m u n icip a l secu rities o n t h e basis o f th e re tu r n th e y y ie ld p e r a n n u m . T h e r e fo r e in m o s t cases it w ill b e fo u n d t h a t in s te a d o f a ctu a l p rices w e h a v e in serted in th e c o lu m n h e a d e d “ T o N e t ” c e r ta in fig u re s t o in d ic a te th e in terest ra te a t w h ic h busin ess in th e b o n d s is b e in g d o n e . T h u s 3 .9 5 % m ean s th a t th e p a rtic u la r s e c u r ity ca n b e b o u g h t o r sold, a t a p r ic e t h a t w ill y ie ld th e p u rc h a se r o r seller 3 .9 5 % p er a n n u m t o t h e m a tu r ity o f t h e issue. W h ere t w o fig u re s a p p e a r , as fo r in sta n ce “ 3 .9 5 t o 4 .0 0 ," th e r a te o f re tu r n va ries a c c o r d in g t o th e m a tu r ity — th e s h o rte r m a tu r itie s y ie ld in g th e lo w e s t r a te , a n d th e lo n g e r m a tu r itie s y ie ld in g th e h ig h e st re tu r n . i n S ta te a n d m u n icip a l b o n d s th e c u s to m has a lw a ys been t o q u o t e th e m “ a n d in t e r e s t.” T h a t is, th e a c c r u e d Interest m u st In all ca ses be a d d e d , o n . T h e r e are a v e r y fe w w h ic h fo r m e x c e p tio n s t o th e ru le — t h a t is, w h ere th e p rice s g iv e n are f la t p r ic e s , th e a c c r u e d in te re st h a v in g b e e n ta k e n in t o a c c o u n t In m a k in g th e m . T h e s e are in d ic a te d b y a special m a r k , th u s ( / ) . Bid. Bonds. U N I T E D S T A T E S — See 2s P a n C a n N o v 1 93 8 ____ Q -F 3a P a n a m a C an al 1 96 1 ___ Q -M 3s C o n v e r sio n s 1 9 4 6 -4 7 ___ Q -J U S C e rtifs o f In d eb ted n e ss___ tJ 8 T re a s u ry n o t e s ____________ In s tru m en talities o f U 8 G o v t F ed era l L a n d B a n k — F a rm 4 % s 1956 o p t 1 93 6 — -J & J 4 % s 1937 o p t 1 9 2 2 .M & N 414s 1938 o p t 1 9 2 3 -M & N 4 % s 1939 o p t 1 9 2 4 -M & N 5s 1941 o p t 1 9 3 1 ___ M & N 414s 1942 o p t 1 9 3 2 .M & N 414s 1943 o p t 1 93 3 ___ J& J 4 14s 1953 o p t 1 9 3 3 - . - J& J 414s 1955 o p t 1 9 3 5 - — J& J 414s 1956 o u t 1 9 3 6 - - -J & J 4 % s 1953 o p t 1 93 3 ___ J & J 454s 1954 o p t 1 93 4 — J& J F e d 'l I n te rm e d ia te C re d B k s 414s M a y 15 ’27 — - M & N 414s O c t 15 1 9 2 7 -A & 0 1 5 T E R R I T O R I E S A N D U . S. H o n o lu lu ( C it y & C o u n t y )— 5s P u b I m p t 1 9 5 6 - - J & D 15 H a w a ii,T e r r ,4 14s '4 9 - M & S 15 414s Jan 1945 _______________ 4s M a y 15 ’46 o p t ’ 3 6 .M & N 4s A u g 1947 o p t 1 9 3 7 --F & A P h ilip I s l 514 s S e p t 1 9 5 0 -Q -M 5s A p r il 1 1 95 5 _________A & O 414s J u ly 1 & 15 1 9 5 2 --J & J 414s 1 9 5 0 ----------------------------4s g L P u r ’ 34 o p t ’ 14— Q -F 4s P W k s & I m p 1 93 5 — Q -M 4s I m p t 1936 o p t 1 9 1 6 -F & A P o r t o R ic o 414 s 1931-34 ..J & J 414s 1 9 3 7 -1 9 4 0 ................. J& J 4s Jan 1 1 94 4 -1 95 0 ........... J& J 4s g o ld 1 92 7 -1 96 0 _______ J& J 4s R o a d 1 92 7 -1 93 0 ______ J& J 5s J u ly 1 95 4 ----------------ALABAM A 414s R e n e w a l 1 95 0 _______ J& J 4 14s R o a d J u n e 1 9 2 7 -1 9 3 1 -J & J 4s ren ew a l C lass C 1 9 5 6 --J & J 314s ren ew a l J an 1 956 ____ J & J B ir m in g ’m 514s '2 7 - ’3 5 -M & 8 2 5s S ch o o l A p r 1 1 9 5 0 --A & O 5s S ch o o l 1 93 4 __________ J& J 5s F u n d S e p t 20 1 9 4 1 -M & S 414s S c h o o l 1 9 2 8 -3 0 — A & O 414s S c h o o l 1 9 3 1 -3 4 -— A & O 414s S c h o o l 1 9 4 2 -4 8 . — A & O Jefferson C o u n t y 5s 1 9 4 9 ______ 414s J u ly 1 1 9 3 1 _________J & J 4 % s H o s p ita l 1 96 3 ____ J & J M o b ile 5s S c h o o l 1 9 4 3 ___ J & D 5s D o c k N o v 1 1 9 4 7 .- M & N 6s R e fu n d in g 1 94 9 ____ M & S 414s R e fu n d in g 1 9 3 7 --A & O 414s W a te r & S ew er '3 9 .J& J M o b ile C o 5s r e f 1 9 2 8 - - -M & S §8 R o a d F e b 1 93 2 ______F & A 5s N o v 1 1 9 4 7 .............. M & N b Basis. /F la t To Ask. Net. also pa g e 13. 1 0 0 % 10114 9614 9514 95 9614 3% 6 3 .1 0 b 3 .4 0 3 .2 5 % L oan B onds 10014 10014 10014 1 0 0 % 10014 1 0 0 % 100M 1 00 % 10214 10314 10114 1 0 1 % 1011-4 10114 10114 1 0 1 % 10214 1 0 2 % 102M 10314 10214 1 03% 10214 1 03 % b 4% b 4% 3% % 3% % P O S S E S S IO N S 4 .3 0 6 4 .3 5 o 4 35 b 4 .3 5 b 4 .3 5 102 102 100% 99% 96 96 94 4 .1 5 % 4 .1 5 % 4 .1 5 % 4 .1 5 % 104 104 101% 100% 99 99 98 4 .2 5 4 .2 5 4 .2 0 4 .2 0 4 .2 0 4 .3 0 4 .1 5 to 4 .1 5 % 4 .1 8 4.18 b 4 .1 0 to 4 .3 0 % 4 .3 0 4 .2 5 4 .3 0 b 4 .0 5 to 4 .1 5 % 4 .2 0 4 .2 0 4 .3 5 4 .2 5 4 .3 0 4 .4 0 4 .4 0 4.40 4 .3 5 4 .3 5 4 .3 0 4 .4 0 4 .5 0 b 4% price, n N om inal. Bonds. M o n tg o m e r y 6s 1 95 1 ______J& J 5s F u n d in g 1 94 0 ________ J& J 5s N o v 1 1 950_________M & N 4 % s W a te r 1 92 8 _______ A & O 4 % s S ch W W & S e w ’ 44 J& J M o n tg o m e r y C o 5s 1 9 3 5 -A & 0 Selm a 5s 1927 o p t 1 9 1 0 .-M & N S um ter C o 5s 1 9 5 0 _______ F & A T r o y 6s I m p t 1 935_______ J& J O p t a n y in t d a te a t 1 0 1 % — A R IZ O N A 4 % s r e f A p r ’38 o p t ’ 2 8 -J & J 1 5 M a r ic o p a C o u n t y S D N o 1 5s M a r c h 1 933__________ M a r 6s H ig h w a y 1 9 4 7 -5 1 . J& J15 P h o e n ix 4 % s ’ 50 o p t '3 0 - - J & J 6s J an 1 1 94 6 ___________ J& J 5s S c h o o l M a r c h 1 9 3 3 . 5s J an 1 1954 o p t 1 9 3 4 .-J & J 5s W W 1 92 8 -1 95 0 ______J & J P r e s c o tt 5s 1 948___________ J& J T u c s o n 5s W a t e r 1 95 0 ____ J& J 4 % s W M a r 10 '3 8 -.M & S 1 0 ARKANSAS H o t S prings 4 % s ’2 7 -’ 5 0 -M & S L ittle R o c k 4 % s ’ 2 7 - 3 0 - M & N 4 % s F u n d 1 9 3 1 -4 0 — M & N 4 % s F u n d 1 9 4 1 -5 0 — M & N L ittle R o c k S D 4s ’3 2 -’5 5 M & S St F ra n cis L e v D 6s 1 94 7 -J & J 5 % s 1 94 5 -1 96 4 __________ J& J 5 % s 1 9 5 0 -1 9 6 9 __________ J& J 5s 1949 o p t 1 9 2 9 _______ J& J C A L IF O R N IA 5 % s H ig h w a y 1 9 2 7 -3 7 ..J & J 3 4 % s U n iv B ld g J a n 5 ’2 8-6 5 J & J 4 % s H ig h w a y 1 9 3 6 -4 8 --J & J 3 0 4s H a rb I m p 1985 o p t '5 0 - J& J A la m e d a 4s 1927 t o 1 9 4 1 -J & D 4 % s M u n I m p '2 7 -’4 8 . A & 0 B ak ersfield 5s 1 9 2 7 -5 2 --A & O B e rk le y 5s 1 94 2 -1 95 1 ______J& J 5s S ch o o l 192 8 -1 95 5 ____ J& J Im p e rial Irrig D is t 6s '381 J& J L o s A n ge le s 4 % s 1 9 2 7 -5 1 -J & D 4s W a te r 1927 t o 1 9 4 5 .M & N 3 % s W a te r 1927 t o ’4 1 .A & 0 4 % s S ch 1927 t o 1 94 4 -J & D 4 % s 1 92 7 -1 96 3 _________A & O 5s M u n ic ip a l 1 9 2 7 -6 1 --F & A 5 % s H a rb I m p .’2 7 -’6 1 M & N L o s A C S D 5 % s ’ 2 7-3 4 M & N 5 % s N o v 1 93 5 -6 0 ____ M & N 5s 1 92 7 -1 93 4 ___________ F & A 5s 1 93 5 -1 96 4 ___________ F & A L o s A n g C o 4 % s ’2 8 - ’4 9 - - F & A O a k la n d 5 % s 1 9 2 7 -4 3 — F & A 4 % s M u n I m p ’2 7 -’4 3 -F & A 4 % s 1 92 8 -1 92 9 .................F & A 4 % s 1 9 3 0 -1 9 6 5 ..............-F & A O a k la n d 8 D 4s 1 9 2 7 -4 4 --J & J O ran ge C o 5s 1 9 2 7 -4 5 . - -M & S P asaden a 4s Jan 1 9 2 8 -4 2 .J & J 4 % s W a t P l ’ t ’2 7 -’3 6 - - A & 0 R e d la n d s 5s 192 7 -5 1 — J& J1 5 R iv e rs id e 5s 1 92 7 -5 3 ____ J & D R iv e rs id e C o 5s ’ 2 7 -’ 5 4 .- M & N * T a x free in Connecticut. Bid. Ask. b 5 .4 0 to 5 .6 0 b 4 .2 0 t o 4 .4 0 96 102 b 4 .5 0 t o 4 .5 5 6 4 .2 0 t o 4 .4 0 b 4 .2 0 t o 4 .5 0 b 4 .4 0 t o 4 .5 0 b 4 .3 5 t o 4 .5 0 To Bonds. Bid. 4 .6 5 S acra m e n to 4s Jan ’2 8 -'4 5 o p t 4 .5 5 4 % s S ew & D r 1 9 2 7 -3 4 -J & J 4 .5 5 S a cra m ’t o C o 4 % s '2 7 -’46 J& D 4 .3 0 San D ie g o 5s W W ’2 7 -’ 54 A & O 4 .4 5 5s W a te r 1 9 3 4 -5 3 _____ F & A 5s W a te r 192 7 -6 3 ______ J& J b 4 .4 0 4 .5 0 4 % s W h & H a r ’ 2 8 -’ 5 2 -J & J 4 .5 0 5s M u n ic ip a l 1927-1960 J& J 4 .7 0 5s S c h o o l 1 93 1 -1 96 6 ............... 4 % s W a te r 1 9 2 7 -1 9 2 9 --J & J 4 % s W a te r 193 0 -1 96 4 ______ 3 % s g J u ly 1 1 9 2 7 -4 4 --J & J 4 .4 0 San F ra n c is co (C it y & C o u n t y ) 5s W a t e r 1 93 0 -1 93 1 ____J& J b 4 .2 0 4 .6 5 4 .7 5 5s W a t e r 1 9 3 2 -1 9 5 1 ____J& J b 4 .2 5 4 .5 0 5s W a t e r 1 9 5 2 -1 9 6 9 ____J & J b 4 .2 5 4 .6 0 4 % s W a te r ’5 7 , ’ 58, ’ 5 9 -J & J 6 4 20 4 .5 0 San J o a q u in C o 5s ’2 7 -’ 4 9 -J & J b 4 % 4 .5 0 San M a t e o C o 5s 1 9 2 7 -4 2 -J & J b 4 % 4 .5 0 S an ta B a rba ra 5s ’2 8 -4 1 -J a n lO b 4 .4 5 4 .8 0 4 % s g o ld A u g 1 943____ F & A b 4 .4 0 C A N A D A — See page 49. 4 .7 0 4 .5 0 COLORADO 98% C o lo S pgs 4s '2 9 o p t ’ 1 4 - -M & S 96% 4s R e f W a te r A la r 1 1 94 1 ___ % 5 .3 0 4 % s 1 93 0 -1 93 9 __________ J& J b 4 .0 5 5.30 D e n v e r 5s A u g 15 ’ 2 8 - - F & A 1 5 1 0 1 % D e n v e r (C it y a n d C o u n t y ) % 4 .4 0 4 % s W a te r N o v 1 9 4 8 -M & N b 4 .1 0 5.40 4 % s W a te r 1 9 4 4 ________ J& J 5 .3 0 S D N o 1 4 % s 1 9 3 4 -5 3 -J & J 5.30 S D N o 1 1 9 3 0 - 1 9 4 7 - - - J & D b 4 .1 0 5 .2 0 M o ffa t T u n I m p D 5 % s44-68J & J 5 % s 1 9 4 7 -1 9 5 6 __________ J& J 4 .2 5 5 % s 1 9 6 4 -1 9 7 3 _________J & J 99 4 .0 5 P u e bio C o 4 % s r e f '31 o p ’2 1 .J & J 4 .0 5 P u e b lo C o u n t y S D N o 20— 4 .0 5 4 % s 1 93 2 _______________ M & S b 4 .2 0 4 .3 0 C O N N E C T IC U T 4 .3 0 *3 % s A p ril 1 934__________ A & O 4 .4 5 *4s J u ly 1 93 6 ______________ J& J 4 .3 0 *5s J u ly 1 1 93 6 ____________ J & J 4 .3 0 B rid g e p o rt— *5s 1 9 2 7 -4 9 -J & D b 4 .0 5 4 % s B rid g e 1 92 7 -6 5 ____ J& J b 4 .1 0 4*30 4 % s H ig h S ch 1 9 2 8 -6 3 -J & J b 4 .1 0 4.30 * 4 % s Sew er 1 9 2 7 -4 6 — -A & O b 4 .0 5 4 .3 0 4 % s S ch o o l 1 92 7 -4 9 _______ b 4 .1 0 4 .3 0 3 % s I m p r o v t 1 9 2 7 -4 1 --J & J b 4 -10 *5s C o n s tr u c ’n 1927-48 J & D b 4 .0 5 4.30 4.40 B risto l 4 % s W a te r 1 939— J& J b 4 .1 5 4 .5 0 *5s J u ly 1 1 9 2 7 -5 5 ______J& J b 4 -15 4 .4 5 C h eshire 4 % s 1 9 2 8 -4 5 . - -J & J D a n b u r y 4s 1946 t a x a b le . J& J % 4 % s 1 927-28 t a x a b l e ..J & D 4 .4 0 4 % s 1 929-65 t a x a b l e ..J & D % 3 % s F u n d 1941 t a x ’l e .A & O 4 .3 0 4 .4 0 E ast H a r t fo r d F ire D is tr ic t— 4 .2 0 * 5 % s 1 92 7 -1 95 1 _______ M & N b 4 30 4s W a te r Ju n e 1 93 3 ___ J & D % 4 .2 0 G la s to n b u r y 4 % s 1 9 2 8 -5 8-J & J 4 .2 0 G re e n w ich 4 % s 1 9 3 1 -3 3 — J& J 4 % s 1934-1942 ta x e x m ’ t % G r o to n S D 4 % s 2 7 -6 0 _______ % 4 .3 5 H a r t fo r d 3 % s B d g e '5 5 — J& J b 4 % *4s W a te r J u n e ’3 0 -’39 J & D b 3 .85 4 35 *4s W a te r 1 9 4 0 4 5 ____ J & D b 3 .85 4 .3 5 b 3 .8 5 *4s W a t e r 1 9 2 7 -1 9 3 8 ____ 4 .3 0 Ask. TO Net. 4 .2 0 420 4 .2 0 4 .3 0 4.35 to 4 .5 0 % 4 .2 5 4 .3 5 4 .4 0 4 .2 5 4 .2 5 4 .2 5 4 .3 5 % 4 .3 5 % 4 .3 5 % to 4 -30 to 4 .2 5 to 4 .2 5 to 4 .6 0 to 4 .4 5 99% 97% t o 4 15 % 102% 4 .0 5 % 4 .1 0 4 .1 0 4% % 4 .7 5 4 .7 5 4.75 100 to t o 4 .2 5 % 3 .8 5 3 .8 5 3 .8 5 % % % % % % % % % 410 4 - lu 4 4 .1 5 4 .1 0 to to to to to to to to to 4 .1 5 4 .2 0 4 .2 0 4 .1 5 4 .2 0 4 .2 0 4 .1 5 4 .3 0 4 .2 5 to to to to 4 15 4 .i 0 4.0 .) 4 .0 5 4 .1 0 4 .1 0 % 4% 4% 4% STATE AMD MUNICIPAL BONDS F eb., 1927.] Bid. Bonds. H a rtfo rd ( Concluded) — *4s W a te r 1 9 2 9 -1 9 3 5 _______ 4s H igh S ch ’2 8 -’ 5 5 ____ J & J 433s M u n ic B ld g ’3 3 — M & N *433s P e r m I m p 1 92 7 — J& D H a rtf’d S D *4 33s’2 7 -’4 7 - M & S ♦433s N o rth e a st 1 9 5 9 -J & D *4 33s 2 d N o r t h 1 94 4 — -J & J 333s S ou th S ep t 1 9 5 5 -M & S 433s S ou th w es t 1 9 4 4 --M & N *433s W a s h 't 'n ’2 8 -’4 7 -J & J 4s W e st M id d le 1 9 3 7 - -F & A K illin g ly (T o w n )4 3 3 s ’ 2 7-56J& J M a n ch ester 4 3-3s ’ 2 7 -’2 8 -M & N 433 s 1 92 9 -1 93 3 _________M & N 433s 1 93 4 -1 94 4 ________ M & N M erid en (T ) 4s '2 7 -’ 3 5 — M & N M id d le to w n 4s 1 9 2 7 -3 5 -M & N M id d le to w n ( T )* 4 s 1 9 3 0 -F & A N ew B rita in (C ) 334s ’3 2 . J& J 4s M u n ic B ld g 1 9 4 8 ____ J& J 433s S ch o o l 1 92 7 -’4 0 — F & A 434s S ch o o l 1 9 4 0 -'5 2 — F & A 434s W a te r A u g 1 9 4 1 --F & A 434s S ch A u g ’2 7 -'4 3 _ -F & A 433s S ch A u g 1 92 9 ____ F & A *5s P a rk 1 92 7 -1 94 3 ___ F & A N ew H a v (O ) 334s ’2 7 - 3 5 A & 0 4s S ew erage 1 9 2 7 -’2 9 - . A & 0 •4s A p r 2 1940 t a x -e x p t -A & O 434s P a v in g M a r 1 9 3 8 -M & S 434s 1 94 3 -1 95 2 __________ •434s P a v in g A u g ’3 7 - - - F & A •434s M c h 15 '2 7 -'3 5 -M & S 1 5 •5s '3 6 -'3 7 -‘3 9 -’4 0 -’4 1 - - A & O •5s 1 92 7 -1 95 1 _________ J& J N e w H a v (T ) *3 3£s’ 2 7-2 9 J& J N ew L o n d o n 4s 1 93 3 ____ A & O 434s Im p 1 93 1 -1 93 5 ___ M & S 434s P a rk J u ly 1 94 2 ___ J& J 434s W a t e r 1 95 0 _______ F & A N orw a lk (O ) 334s 1 9 2 9 --J & J 4s R e f Sew er ‘2 7 -’2 8 — J& J 4s S ch M c h 1 95 4 -1 96 4 _____ 434s S ch M c h 1 92 9 -1 95 3 — •434s I m n r o v t ’2 7 -’3 9 — J& J N orw a lk (T ) 434s 1 9 4 2 --J & D N o rw ich — G & E 1 93 1 — A & O 434s W a ter M a r ‘3 9 ___ M & S 434s 1 93 1 -1 96 4 ______ M & S 1 5 434s B e fu n d in g 1 938— A & O P u tn a m (T ) 434s ’2 7 -’4 6 - A & 0 434s W a te r 1927 & ‘3 0 - F & A S ta m fo rd (O ) 4s 1 942___ M & N S ta m fo rd (T ) 434s ’2 8 -’45 J& J *434 S ch 1 92 7 -1 96 5 ___ M & N S to n in g to n 434s '2 8 & '3 3 -A & 0 * S tr a tfo rd 6 s 1927- 31 — M & S T o r r in g t o n *534® ’ 3 0 -’3 5 -J & J *5 34s F u n d 1936-'41 — -J & J * W a llin g fo r d (T o w n ) 4 34s 1933. ‘3 8 , ’43, ’4 8 , ’ 5 3 ______ W a te r b u r y 334s S c h ’2 8-32 J& J 4s P a rk J u ly ’2 7 -'5 8 ___ J& J 4s W a te r 1 9 2 7 -1 9 3 9 --J & J 1 5 4s W a t e r 1 9 4 0 -1 9 6 5 --J & J 1 5 434s C it y H all ’2 7 -’6 3 — J& J * 4 34s W a ter ’4 9 -’9 3 — -J & J 434s 193 4 -1 96 4 _____________ 4 34s W a te r 1930-44 -J&.T15 4 34 B d g e ,S t .& c ,’40 64J & J 15 i3 4 s 1 94 6 -1 95 3 ______J& J 15 43*s W a te r 1 9 3 5 -’8 4 - - - J & J *4 34s 1927 -1 93 4 _____ J& J15 W est H a r t f’d 434 s 1 943— J & D W H a v U S D U 4 r’2 7 -’5 6 .M & N DELAW ARE. 3s D e c 1 1927 o p t 1 902____f& D 134s ’ 60 o p t a n y d a te 1 0 5 -J & J i3 4s 1961 o p t ’22 a t 1 0 5 - -J & J D o v e r S p ec S D 5s '2 7 -’46 A & O K en t C o 434s 194 5 -1 95 0 -M & S N ew C a stleO o 434s ’2 7 -'3 4 J & D 534s 192 7 -1 92 8 __________ J& J 534s 1 93 6 -1 94 4 __________J& J Sussex C o 5s ’3 1 -’ 7 0 _______ J& J 434s 1 9 3 4 -1 9 5 3 ________ A & O W ilm ’g t o n — 434s ’2 8 -’ 3 7 . A & 0 4 3 4 s B ld g — C o n '5 3 - ‘62 M & S 5s 194 7 -’4 9 - ........... A&O F L O R ID A . C o ra l G a o le s 5 3 4 s '2 S -’ 5 6 - A & 0 6 s im p t 1 9 2 8 -1 9 3 8 _____ J& J D a d e C o 5s O c t 1 94 7 -'5 4 A & O D u v a l C o 5 34 s’32 o p ’ 12 M & N 5s A r m o r y 1 944________ J& J E verglades D r O d s ’3 3 -’ 4 1 .J & J 534s 1 9 3 1 -1 9 4 8 __________J&J 5s R e fu n d 1935, ’36, ’37, ’3 8 . ’ 53, ’54. ’5 5 _____ J& J H a m ilton C o 5s F eb 7 ’48 F & A H ern an do C o 5s 1 94 4 ____ J& J Jack son ville 5s Jan 1 ’3 6 -J & J 434s F eb 1 9 3 7 - ........ — F & A J a c k son v S D N o 1 ,5s A p r '45 K e y W est 5s 1 94 2 ________ J& J M ia m i 5s 1927-1944______J& J 5s 1 929-1956___________ M &S 434s M u n ic I m p ’2 7 -’ 55M & S 6 s S ch ool 1 94 0 ________ J & D O ran ge C o u n t y 5s 1 9 4 4 --J & J P en sacola 434s r e f 1 9 4 1 --A & O 6 % S ch ool 1928-1951 — J& J P olk C o 5s R o a d ’2 7 -'4 0 — J& J 8 t A u gu stin e 5s 1 955______J& J St P etersbu rg 534s 1 949— J& J 534s June 1 954________ J & D T a m p a 5s June ’ 55 o p ’25 J& J 5s M u n I m p '62 o p ’32 J & D 5s W W P u r ch ’2 7 -'7 2 _ F & A 434s I m p t 1 92 7 -3 7 ______J & J F O R E IG N G O V T S . A n tio q u ia C o l (D e p t o f ) — E x t l s f 7s ser A 1 945___ J& J E x t l s f 7s Ser B 1 945— J& J A rgen tin e R e p u b — In tern al 5s o f '0 9 -’ 4 5 — M & S 4s £ loa n o f 1 8 9 7 -----------A & O E x t 6 s o f ’ 23 1957 A - - M & S 1st g 6 s 1958 Ser B ____ J& D S ink fu n d g old 6 s 1 9 5 9 -J & D E x t l s f 6 s O c t 1 95 9 ___A & O E x t l s f 6 s 1 960.............-M & N E x t ! s f 6 s 1 9 6 0 ________ A&O E x t l 6 s san it w ks 1961 _F & A A u stra lia (C o m m o n w e a lth )— E x t 5s J u ly 15 1 9 5 5 -J & J 1 5 A ustria (P r o v o f U p p er A u s )— E x t l s f 7s 1945 — J& D A u strian G o v t s f 7d ’4 3 - J & D B av a ria (G e r ’y ) 6 34s '4 5 - F & A b 3 .8 5 b 4% b 4% b 3 .9 0 b 4% b 4% b 4% b 4% 6 4% 6 9634 4 .1 5 b 4% b 4% b b b b b b 4% 4% 4% 4% 47c 4% b 4 .2 0 b 4.05 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .0 5 b 4 .1 0 b 4 .1 0 b 4 .1 0 b 4.10 b 4.10 b 4 .0 5 6 4 .0 5 b 4 .1 0 b 4 .1 0 b 4 .1 0 6 4 .1 5 b 4 .1 5 5 4 .1 5 b 4 .1 5 b 4 .1 5 b 4 .1 5 b 4 .1 5 b 4 .1 0 b 4 .J 5 b 4 .1 5 6 4 .1 5 b 4 .1 5 102 104 H 104 H b 4 .2 5 5 4'.10 b 4 .3 0 5 4 05 95 9833 96 96 9033 V%74 7 OSH OSH 98 98 9723 98 98 33 9723 96 10423 100 To Ask. Net. B onds Bid. A sk . B e lg G o v t 734s y l y t o '4 5 J & D 11234 113 33 8 % E x t l s f b d s 1 941— F & A 10834 109 E x t 1634s 1 94 9 ________ M & S 10134 102 % E x te rn a l s f 6 s 1 95 5 ____ J& J 97 % 9731 E x t l s f 7s 195.5_______ J & D 105 % 105 31 S ta b iliz ’n lo a n 7s 1 9 5 6 M & N ’ 0334 10331 % B o liv ia ( E e p ) E x t 8 s ’4 7 -M & N 104 33 10431 % B ra zil 8 % ext 1 9 4 1 ______J & D 107 % 10734 7s C e n t R y ele c 1 9 5 2 — J & D 99 % 9934 % 8 f 734s ( c o f f .s e c .’2 2) 1 952/1 0 4 3 4 105 634s E x te rn a l s f 1 9 5 7 -A & O 9534 % 9531 5s o f 1 8 9 5 ------------------------------- / 6 8 % 69 5s o f 1 91 3 ------------------------------- / 6 8 4 .1 0 69 4 434s o f 1 88 3 _________________ /6 7 68 4 .1 0 434s o f 1 88 8 --------------------------- /6 5 66 4.10 4s o f 1 9 0 0 ____________________ S57 58 4s o f 1 9 1 0 ____________________ / 5 6 57 t o 4 .2 5 Vo 4s o f 1 8 8 9 -----------------------/5 6 57 4 .1 0 B rem en (S ta te) 7s 1 9 3 5 -- M & S 104 10431 B ritish — C o n s 234s o p ’23 Q-J l 55 34 to 4 .0 5 % 434s W a r L o a n ’ 2 7 -’45 J & D l t o 4 .0 5 % 534s f F e b 1 1 9 3 7 ______F & A t o 4 .0 5 % 10533 10533 5 3 4 s g c o n v A u g 1 9 2 9 --A & A 11633 117 t o 4 .0 5 % t o 4 .0 5 % B u e n o s A ires (P r o v ) 7s ’36J& J 97 07 H E x tl s f 7s 1 95 2 ________ A & O to 4 .0 5 % 9633 9633 4.15 E x t l 734s 1 94 7 _______________ 99 9833 t o 4 .2 5 % B u lga ria (K in g d ) s f 7s '6 7 . J& J 93 9233 C a ld a s ( D e p t o f ) C o lo m b ia t o 4.10 % E x te r n a l s f 734s 1 9 4 6 -J & J t o 4 .1 0 % 98 08 H C h ili (R e p u b lic ) 8 s 1 9 4 1 -F & A 10834 10831 to 4 .1 0 % t o 4 .1 0 % E x t s f 7s 1 9 4 2 - . ..........M & N 1003s 10031 S f 8 s N o v 1 1 9 4 6 ......... M & N t o 4 .1 0 % 10834 10831 E x t l s f 6 s 1 9 6 0 ______ A & O t o 4 .1 0 % 9334 93 34 C h ili M t g e B k 634s '57 J & D 3 1 t o 4 .1 0 % 9631 9634 t o 4 .1 0 % S f gu 634s Jn e 3 0 ’61 .J & D 31 98 9734 C h in ese G o v e r n m e n t— to 4 .1 0 % 4 H u k u a n g R y s 5s £ — J & D 1 5 / 27 2933 t o 4 .1 0 % 5s o f 1896 £ r e d 1 9 3 3 — A & O l l 82 84 434s o f ’ 98 £ re d ’4 4 - -M & S l 57 t o 4 .1 0 % 59 4s ( o f 1895) 1 9 3 1 _______ J& J t o 4 .1 0 % E n glish s ta m p e d __________ wf7S t o 4.10 % 83 F ren ch s ta m p e d __________ wf77 4 .1 0 82 4 C o lo m b ia R e p ) 634s '2 7 - A & 0 10033 4 05 C o r d o b a (P r o v ) A rg e n tin a — E x t! s f 7s 1 9 4 2 ________ J& J 4.05 98 9833 4 .0 5 C o sta R ic a (R e p )e x t 7s’ 5 1 M & N 9533 4 .1 5 C u b a n 5s 1944 o p t 1 9 1 1 — M&S 10033 “ E x t l” g 434s ’49 o p t — F & A to 4 -30 % 9533 “ E x t l” g 5s 1 9 4 9 _____ F & A to 4 .2 5 % “ E x t l” s f 534s ’ 5 3 -.J & J 1 5 to 4-25 % 10333 C z e c h o s lo v a k R e p u b lic — to 4 .2 5 % 4.10 E x t s f 8 s ’ 22 d u e ’ 5 1 — A & O 109 110 E x t s f 8 s ’22 d u e ’5 2 — A & O 10731 108 4 .1 0 E x tl 734s 1945 Ser A - - A & O 10534 106 to 4 .2 0 % D e n m a rk e x t 6 s 1 94 2 ______J& J to 4 .1 5 % 104 10433 E x t ’l 534s 1 95 5 _________F & A to 4 .1 5 % 9931 10033 4.05 D o m in ic a n R e p 534s '4 2 -M & S 9934 9933 D u tc h E In d ie s 6 s 1 9 4 7 . J& J to 4 -25 % 10233 E x t s f 6 s 1 9 6 2 __________ M &S to 4 25 % 10233 E x t l 534s M a r 1 95 3 — M &S 100 H 1 0 2 to 4 .2 5 % E x t l 534s N o v 1 9 5 3 — M & N 1003 10133 4 .1 0 F in la n d (R e p u b ) 6 s ’4 5 - -M & S 65 9433 634s M u n lo a n ’54 cl A A & O 4 .0 5 % 9833 ______________A & O C lass B 4 .0 5 % 9833 9831 E x t ’l s f 7s 1 9 5 0 _______M & S 4 .0 5 % 10033 E x t l s f 634s 1 9 5 6 ____ M & S 4 .0 5 % 9833 F ra n ce (R e p u b lic o f) 4s 1917 — 22 4 .0 5 % 21 5 % N a tio n a l L o a n n o t red 4 .0 5 % b e fo re J an 1 9 3 1 ___ Q -F 16 r$26 $27 4 .0 5 % 5s p re m iu m 1 9 2 0 ____________ r$32 $33 4 .0 5 % 6 % N a tio n a l loa n o f 1 9 2 0 - . r$29 $30 4 .0 5 % 7s e xt o f 1 9 2 4 -1 9 4 9 ___ J& D 4 .0 5 % 10333 112 734s E x te rn a l 1 9 4 1 ___ J & D 4 .0 5 % 8 % e x t g loa n ‘4 5 - - M & S 15 1 .0 5 % 10833 G e rm a n extl 7s 1 9 4 9 _ _ A & O l5 1 10 4 .1 0 G er C e n t A g ri B k 7 s ’ 5 0 M & S l5 103 G r a z (M u n )A u s tr ia 8s’ 54 M & N 102 102 33 3.75 G r e e k G o v t s f 7s 1 9 6 4 - - M & N 9533 9434 H aiti (R e p ) 6 % E x '5 2 A - A & O 10533 9931 1 0 0 H u n g a ry (K in g d ) 7 34s’44 F & A 10231 10433 105 34 In d B k o f J ap a n 6 s ’2 7 -F & A 1 10034 10033 t o 4 .5 0 % _______ 4.35 In du strial M t g e B k o f F in la n d t o 4 20 % 1st M co ll 7s J u ly 1 194.4___ . . 4.10 Ita ly (K in g d ) e x tl 7s ’ 5 1 -J & D 96 H 9633 — 4 .3 5 5 % I n t C o n s o l__________J& J « $ 3 5 $3533 P re s tito L it to r io 5 s _________ u _____ $ 3 7 .7 3 t o 4 .3 5 % _______ 14.25 Japan ese G o v e r n m e n t— j 68 4s £ ’ 54 o p t T 0 - - J 3 0 & D 3 1 l 6 6 to 4 .1 5 % 4 .1 5 4s £ Jan ’ 31 o p t a f t ’ 2 1 . . J& J c 92 92 33 4.25 5 f 634s 1 9 5 4 __________ F & A 101 10133 O riental D e v C o 6 s ’5 3 -M & S . 9734 6 M t g e B k o f C h i l e 6 s D e c 3 1 ’3 1 98 H ""9 8 3 3 6 M t g B k o f D e n m ’k 6 s ’ 70 M & S 10034 10033 5 108 N e w fo u n d 634s 1 9 3 6 — J & D 3 0 107 4 .7 5 534s 1 939____________________ 10231 103 33 . 4-75 534s 1942 & 1 94 3 ____________ 10234 10333 -- 6 N e th e r l’ds 6 s '72. (fla t ) , -M & S /1 0 7 3 3 6 6 s 1972 series B ______________ s i 07 33 E x t 6 s 1 9 5 4 _____________A & O 10334 10333 N o r w a y e x t 6 s 1 9 4 3 - -F & A 15 1 0 1 H 1 0 2 98 5.15 E x tl s f 6 s 1944 ________ F & A 10131 1 0 2 5.25 6 s E x t O c t 15 1 9 5 2 .A & 0 1 5 10154 10233 4.60 40-y r s f 534s 1 9 6 5 ____ J & D 10034 10033 4.60 P an am a R e p ) e x t5 3 4 s ’ 5 3 -J & D 10231 10233 4 .6 5 6 34 s E xtern a l s f 1961 - - J& D 10231 10333 5-25 P eru (R e p u b ) Ss 1 944___ A & O 10431 105 E x t] s f 7 14s 1 9 4 0 -- M & N 101 10133 E x t l s f 734s 1 95 6 ______M & S 100 100 10033 5 84 P o la n d (R e p o f) 6 s 1 9 4 0 -A & O 83 5.50 E x tl s f 8 s 1 9 5 0 ________ J&J 9733 9634 P russia (F re e S tate).—■ E x t s f 6 3 4 s S e p l5 ’ 51 M & S 1 5 10034 10013 5 Q u eensland (S ta te) 7s '41 A & O 1 12)1 11233 5 E x t g 6 s F e b I 5 1947 F & A 1 5 105 10533 5 R io G ra n d e D o Sul (S ta te ) 5 B ra zil e x t s f 8 s 1 94 6 — A & O 10434 10433 5 Russian 6 34s Ju n e 18 19 . J& J 1533 1434 4 .5 0 5 34 % E x t L n D e c '2 1 - -J & D s 1431 s 1433 4 .5 0 S a lv a d o r (R e p u b ) 8 s 1948J& J 106 10633 4 .5 0 San P a u lo (B ra zil) S ta te o f— 4 .5 0 8 % e xte rn a! loa n 1 9 3 6 -J & J 10431 10433 E x t ’l 8 s 1 950_____________J& J 106 10633 E x t] w a te r 7s 1 956___ M & S 9931 1 0 0 $120 7s 1946 (per 1 ,0 0 0 m ilr e is ). . $90 96H S anta Fe (P ro v t 7s 1 9 4 2 -M & S 9531 9633 96 H Seine (D e p t o f) 7s 1 94 2 ___J& J 10231 10233 Serbs C ro a ts & S lo v (K in g o f) 91H E x t 8 s 1 96 2 ____________ M & N 101 102 $7533 S w edish 6 s 1 93 9 _______ J & D 1 5 104 OSH 10433 534s e xte rn al 1 9 5 4 .- . M & N 10334 104 OSH 98 H S w itzerla n d — 534® 1 9 2 9 — F & A : 10131 10133 5 34s E xtern a l 1 946___ A & O 10331 104 OSH S F g o ld 8 s 1 9 4 0 _______ J & J 11333 11333 98 H U S o f M e x ic o 6 s A 1 9 3 3 ____ \ f ______ OSH 5s g E x t L ’n 1945 £ _ _ Q -Jan / 51 08 Va A ss e n t 4s w ar & s c o n ____ / 4534 4533 4s g o ld 1 95 4 ____________ J & D / 3334 98 3333 A sse n t 4s w ar & s c o n ___ / 31 31H 4s E x t 1910 w ar N o 3 o n ___ / _____ 97 T re a s u ry n o te s 6 s e x t 1933— 105 C ash w arr N o 3 o n ___ J& J / 46 47 10034 to to to to to to to to to to to 4% 4 .1 0 4 .1 0 4 .0 5 4 .0 5 4 .0 5 4 -05 4 .0 5 4 .0 5 4.05 4 .0 5 To Net. 49 B on ds. Bid. To Ask. Net. U p p e r A u s tria (P r o v ) 7s ’45 J & D 9633 U ru g u a y 8 s e x t 1 9 4 6 ___ E & A 10833 109 E x tl s f 6 s 1 96 0 _______ M & N 96 95 M —F O R E IG N C IT IE S , & c. , B a d e n E x t l s f 7s 1 95 1 ___ J & J 10133 10133 B e rg e n , N o r w a y , 6 s 1 9 4 9 . A & O 9933 10033 jB erlin 634s I 9 6 0 __________ A & O 1 0 0 H 10033 [B o g o ta (C it y ) e x tl 8 s ’4 5 - A & O 10033 10333 ___ [B o rd e a u x (C it y ) 6 s ’3 4 . - M & N 9733 [B u en os A ir e s, A rg e n tin e R e p . G u a r 5s o f 1 909-1946 £_J& J pf 87 89 E x t e n 634s 1 95 5 ________ J& J 9933 99 33 ’C a r ls b a d (C it y ) s f 8 s ’ 5 4 -J & J ] 04 H 105 C h ris tia n ia (N o r w a y )— j 3 0 - j t s f 6 s 1954 _______ M & S 10033 301 33 | 3 0 -y e a r s f 6 s 1 9 5 5 - - - M & N 10033 10133 ;C o lo g n e G e r m ’y 6 34 s ’ 50 M&S15 9933 1 0 0 ’C o p e n h a g e n 4s o f 1 9 0 1 - M & N X 8 6 90 i 534s M u n ic E x t ’4 4 - -J & J 9933 10033 D a n is h C o n s M u n ic ip a l L o a n 8 % s f e x t ’46 ser A .- F & A 11033 11033 Series B _____________ F & A 1 1 0 11033 ___ 534s 1 95 5 ____________________ s99 ___ D r e sd e n (G er) extl 7s ’45 M & N 10333 10733 ___ D u is b u rg (G e r ) 7s 1 9 2 7 -M & N 6 .10 ___ 7s 1 9 2 8 ________________ M & N 6 .6 5 7s 1 9 2 9 __________ M&N 6 .7 0 --7s 1 9 3 0 ________________ M & N 6 .7 0 ___ E x t l g 7s 1 931-’4 5 ____ M & N 6 80 F r a n k fo r t (G e r m a n y ) — E x t l 7s 192 7 -’4 5 _______ A & O 1 0 0 G e r m a n C o n s M u n ic 7 s ’4 7 F & A 10133 10133 H a v a n a — 1st 6 s 1 93 9 ____ Q -J 1 0 0 2d 6 s ______________________ Q -J H e id e lb e rg (G e r m )7 3 4 s ’ 50 J& J 10433 105 --H u n ga ria n C o n s M u n ic L o a n s f g 734s 1 945__________J & J 1 0 1 10133 E x t l s f 7s S ept 1 9 4 6 . . .J & J 9733 9733 - - - L e ip z ig (C it y o f) 7s 1 9 4 7 -- F - A 10133 1 0 2 , L y o n s (C it y ) 6 s 1 9 3 4 -- M & N 9733 9733 M a rse ille s (C it y ) 6 s ’3 4 .M & N 9733 9733 M e d e llin (M u n ic ) (C o lu m b ia ) E x te rn a l 8 s 1 94 8 _______ A & O 10333 10433 M o n t e v ’o ( C it y ) s f 7s ’5 2 - J & D 10133 10133 O slo 534s 1 946............... ................ ... 99 9833 ___ j P o r t o A le g re ( C it y ) , B ra zil— S in k in g fu n d 8 s 1 96 1 ___ J & D 10433 104 :3 S f 4 0 -y r 734s 1966 . — J & J --9933 1 0 1 P ra gu e (G re a te r) C it y — 734s lo a n o f 1 9 2 7 -5 2 --M & N 10433 10532 R io d e J a n e iro 8 3 1 94 6 — A & O 10433 104 3s ___ E x t s f 8 s 1 94 7 _________A & O 10433 10433 ___ 1 ___ 7s 1 960 (per 1000 m ilreis) — $80 $100 s 5s s -f lo a n o f 1 9 0 9 -3 4 -£ J& D 88 91 ___ ___ 5s o f 1 90 4 ____________________ 70 73 R o tt e r d a m (C ) e x t 6 s ’ 6 4 -M & N 10433 10433 - - S aa rb ru ck en ( C it y ) , G e r m a n y E x t 7s M a r 31 1 935— A & O 99 ___ 1 S ao P a u lo B ra zil 8 s 1 9 5 2 M & N 10833 10833 ’ S oisson s ( C i t y ) , F ra n c e — E x t g 6 s N o v 14 ’ 3 6 - - M & N 9633 9633 T o k y o (C it y o f) 5s o f 1912— R e d an n s f b e g ’ 1 7 -5 2 .M & S 7933 7 9 7-3 T r o n d h je m ( C it y ) , N o r w a y — 1 S f ex t 634s t e m p 1 9 4 4 — J& J 10033 10033 Y o k o h a m a e x tl 6 s 1 9 6 1 - .J & D 97 9733 . . . --C A N A D A (New York Prices) D o m in io n o f C a n a d a — 1 434s F e b 1 1 93 6 _______ F & A 9833 9833 5s r e fd g O c t 15 ’4 3 - A & 0 15 10233 10233 ___ I 5s r e fd g O c t 15 ’ 2 8 - A & 0 15 1 00 )3 10033 ___ 5s 1931__________________ A & O 1 0 1 1 0 1 13 ___ 5s M a r 1 9 3 7 ___________ M & S 103 33 10333 ___ ! 5s O c t 1 9 3 1 ____________ A & O 10133 10133 ___ 5s M a y 1 95 2 __________ M & N 10433 104 33 ___ ___ 102)4 5 3 4 % g o ld n o te s 1 9 2 9 -F & A 1 0 2 ___ 534s V iet L o a n D e c ’ 27 J & D 10033 1 0 1 1 534s V ie t L n N o v ’ 3 3 .M & N 104 33 10433 ___ | 534s V ie t L n N o v ’ 3 4 - M & N 10333 104 ___ i ___ 534s V ie t L n D e c ’ 3 7 - . J & D 10733 108 534s ren ew N o v 1 9 2 7 .M & N 10033 10033 ___ ---j 534s re n e w N o v 1 9 3 2 .M & N 10233 10333 A lb e r ta ( P r o v o f) 6 s ’3 0 - M & N 4 .8 5 5s A p r 15 1 95 0 _____ A & O IS ! B r it C o l (P r o v ) 5s ’4 8 .J & J 15 4.85 4 .5 0 434 s J u n e 29 1927 — . J & D 2 9 — -j 4-60 434 s J u n e 29 1 92 8 — -J & D 2 9 ! 4 .6 0 4 34 s.J u n e 29 1 92 9 — -J & D 2 9 4 .8 0 4 34 s 1 9 3 0 -1 9 3 2 ______ J & D 2 9 4 -80 4 34s 1 9 3 3 -1 9 4 6 ______ J & D 2 9 i 4 .8 0 434 s 1 9 4 7 -1 9 5 6 ______ J & D 2 9 C a lg a r y 5s 1 93 3 ___________ J& J 5 25 5 25 5s J u n e 15 1 93 5 ____ J & D 15 5 25 5s J u ly 1 1 9 4 5 ___________ J& J. 5 G a lt 4 34s A p r 18 1 9 3 1 -A & O 8 1 5 4 34s El P o w Ju n e 5 ’31 J& D - 5 j ---' 4 95 H a lifa x N S 4s J u ly 1 9 4 5 ______‘ 4 95 5s Jan 1 9 5 1 ______________ J&Ji ___ i H a m ilto n — 4s A o r 1 ’ 3 2 . A & 0 ! l 80 ! 4s E ie c L & P 1 94 1 ___ A & O 1.80 • L a e h in e P Q 5s 1 9 5 4 __ J & D _______________ 4 05 :iM a is o n n e u v e Q 534 s 3 0 - M & N _______ !_______ 1 85 M & N !.............. I............. 4.90 — II 534s M a y 1 1 9 3 6 . . . M a n it o b a (P r o v ) 6 s ’ 3 0 F & A 2 _______ ________ 4.85 5s 1 94 4 ________________I & D 2 ------------- 1_______ 4.80 — i 4 3 4 % g o ld notes 1 9 2 7 - M & N ________________ 4.40 . _! 434s M a y 1 1945____ M & N I_______ ________ 4 .7 5 _! 4s g o ld 1 930__________ M & N _________1_______ 4.75 ! 4s d ra in a ge J u ly 1 '2 9 — J & J _______ !_______ 4.90 M o n tr e a l 5s D e c 1 1 9 4 5 -J & D _______ !_______ 3.80 5s s f N o v 1 1 9 5 6 ____ M & N j _______ ________ 4.80 434s M a v 1 954______________ I_______ ________ 4 .7 0 4 34s Tan 1 9 4 4 __________ J & ,J ________ !_______ 4.70 ... 4s M a y 1 1933 £ ______M & N i________ I_______ 1.70 4s M a y 1 1 944________ M & N *________ i_______ 1 70 334s re fd g M a y 1 9 3 9 - M & N ________*_______ 4.70 N e w B run sw ick 3 34s ’3 3 - J & J _______ 1_______ 4 .8 0 4s J u ly 3 1 930___________J & J ,________ :_______ 4 .8 0 4s 1932 o p t 1902 — ...........J & j ! ________________ 4 .8 0 -— 5 60 N o v a S c o t ia (P r o v ) 5 s 1 93 4 F & A 4 .8 0 6 s N o v 15 1 930____ M & N i o ... 4 .8 0 n ta rio (P r o v ) 6 s '2 7 .M & N 1 5 — 4 .5 0 .50 6 s 8 ep t 15 1 9 4 3 _____M & S 1 5 - -1 ___ ! 4 34 s 1 944______________ M & S — 4 .6 5 --4s 1941_________________M & N — 4 .6 4 3 34s 1 936_______________ J & J — 4 .6 5 % 6 s M u n ic im p '27 '5 0 - - J & J ft 4 6 0 to 4 .9 0 % ” 5s J u ly 1 1927___________ J & J 44 0 5s J u ly 1 1 92 8 ____________T&J 4 65 5s J u ly 1 1 92 9 ___________ J & J 1 10 5s J u ly 1 1930____________J& J 4 .7 5 -— 5s J u ly 1 1 9 3 1 -1 9 5 6 ____ J& J 4 .8 0 134s ’ 34, '3 5 . '4 4 _______ J& J ■1.75 3 33s Sew S ep 27 '2 8 M & S b 4 .5 0 to 4 .CO % _ M & S 2 _______ ! _______ 11 . 6 O ___ i 70 3 33s J u ly 1 1 933 ________ J & J _______ 1 70 R e g in a 5s 1 9 2 9 ____________ J & J ______ J I5 5 .7 5 6 B asis, c B asis $5 t o th e £ . / F l a t p r ic e . I In L o n d o n , r C a n a d ia n p r ic e , n N o m in a l, p P e r £ 2 0 . m D ollars per ru bles, fla t s Sale p r i c e ’ t Per 1,000 gu ilders, u D o lla rs per 1 ,0 0 0 lire fla t , v D o lla rs p er 1.000 fr a n c s , w D o lla rs p er 500 fra n c s, 1/ Per £2n n • T a r -fi-e ,- 1 ,, cv»r,n z Per £ 3 0 0 b o n d - STATE AND MUNICIPAL BONDS 50 To Ask. Net. B on d s. S ask a tch ew a n (P r o v in c e )— 5s 1943 ( n o n - c a ll ) .. J & D 15 4 M s J u ly 2 1 9 4 5 -...........J& J2 S o u th V a n c o u v e r , B C — 5s 1 92 7 -1 94 6 _________J & D 3 0 T o r o n t o 5s 1 9 2 7 -1 9 3 6 -------J& J 6s 1 92 7 -1 92 9 ------------------- J& J 6s 1 9 3 0 -1 9 4 0 ................ . . . J & J 6s 1 94 0 -1 95 0 ------------------- J& J 4 H s Jan 1 1 9 4 9 --------------- J & J 4 M s J an 1 1 9 5 5 --------------J& J 4s £ J u ly 1 1 9 4 8 ------------- J & J 3 1*s J u ly 1 1 9 4 4 -4 5 -------J & J V a n c o u v e r , B O , 5 M s ’39 A & O 5 M s 1 9 5 2 ----------------------- F & A 4s St I m p S ep t 9 ’ 2 7 .M & S 9 4s St I m p S e p t 9 ’ 3 2 .M & S 9 W in n ip e g , M a n , 5s ’ 4 4 - -A & O 6s D e c 1 9 3 0 ------------------- J & D 4 M s n o n -c a ll 1 9 4 4 -------M & N 4 M s J u n e 1 1 9 4 6 -----------J & D 4 1 *s June 15 1 95 0 — J & D 1 5 4s A u g 1 1 9 4 6 ----------- F & A 1 5 G E O R G IA 4>*s r e f 1 9 3 5 -1 9 4 5 ------------- J& J 81*s Jan 1 9 2 8 -1 9 3 5 -----------J& J A lb a n y — 5s 1 9 4 5 --------------J & D A th en s — 4 1 *s Ju n e 3 0 1 9 4 3 -_ A tla n ta — 4 M s J an 1 1 9 4 0 . J& J 4 1*s Sew er 1 9 2 8 -1 9 4 0 — J& J 3 1 *s J u ly 1 ’ 31 & ’ 3 3 - - J & J A u g u sta — 4 1 * s F lo o d ’4 2 M & N 4s re fu n d in g 1 93 4 --------- J& J 3 1 *s A p r il 1 9 3 0 -----------A & O B ib b C o 4 1 *s 1 9 4 8 -4 9 --M & N C la rk e C o 5s 1 9 2 8 -4 1 -------J&J C o lu m b u s — 5s 1 9 2 7 -4 4 — J& J 4 M s R e fu n d in g 1 9 3 9 - - J & J D o u g h e r t y C o 5s ’ 2 7 -’ 48 M & S M a c o n 4 !* s W W 1 9 2 7 -3 6 -J & J 4s P a v & Sew '2 7 t o '3 9 -J & J P u la sk i C o 5s 1 9 3 2 -4 8 -------J& J R o m e 4 s M u n ic b ld g ’ 2 7 -’ 3 9 A & 0 S a v a n n a h — 4 1*s r e f 1 9 4 3 -J & J 4 M s D r a in a g e 1 9 4 4 — F & A 4 1 * s R e fu n d in g 1 9 5 9 - -F & A S p a ld in g C o — 5s 1 9 2 7 -3 0 -J & D S w a in sb o ro 6s 1 9 2 7 -5 0 --A & O V a ld o s ta 5s 1 9 2 8 -4 2 -----------Jan W a r e C o 5s S ch 1 9 2 7 - 3 1 . .J& J 6s R o a d 1 9 3 2 -1 9 4 9 -------J& J W a tk in s S D 6s 1 9 3 1 -5 0 .M & N W o o d b u r y 6s 1 9 2 7 -4 9 — J & D ID A H O 61*s I m p t 1 9 4 1 --------------- A & O 5s H ig h w a y 1 9 4 1 --------------- J& J 4 H s C a p B ld g 1 9 3 0 -3 9 .— J& J 4 M s M a y 1 1932 o p t 1 9 2 1 . J&J 4V*s H ig h w a y '3 5 o p t '2 5 -J&J 41*s H ig h w ’ 37 o p '2 7 -------J & J 4 M s R e f 1 9 2 7 -1 9 2 8 --------- A & O 4 K s R e f 1 9 2 9 -1 9 4 5 --------- A & O 4s J an 1 1934 o p 1 9 2 4 -------J& J B la in e C o 5s F e b ’ 2 8 -’3 1 .J & J B ois e C it y S D bs J u ly 1 1 9 4 0 -------.. J & J IL L IN O IS 4 M s S erv C o m p 1 9 2 7 -4 3 -F & A 4 M s A u g 1 1 9 3 0 -3 8 ---------F & A 4s M a y 1 1 9 2 7 -1 9 3 5 ------- M & N 4s H ig h w a y 1 9 2 9 -1 9 4 0 --M a y 4s H ig h w a y 1 9 2 7 - 1 9 2 8 .-M a y 4s H ig h w a y 1 9 4 1 -1 9 4 3 - M ay 4a H ig h w a y 1 9 4 5 -1 9 5 4 .-M & S C h a m p a ig n C o u n t y — 5s R o a d 1 9 2 7 -1 9 4 3 — M & N C h ic a g o — _ 4s 1928 t o 1 9 3 5 ------------- J& J 4s Jan 1930 & 1 9 3 1 -------J & J 4s Jan 1 9 3 7 -1 9 3 9 --------- J & J 4s J an 1 9 2 8 -1 9 4 1 ---------J& J N o W P k 4 M s 1 9 2 7 -2 7 .J & J N o W P k 4 M s 1 9 2 7 - 2 8 .J& J W C h ic P k 4s 1 9 2 7 -2 7 .J& J W C h ic P k 5s 1927 -------J& J C h ic a g o S a n ita ry D is tr ic t— 4s S ept 1 92 7 -1 93 1 -------M & S J& J 4s 1 92 7 -1 94 5 ......... C h ic a g o S o u th P a rk — ■ 4s 1 93 0-1939 v a r ....................... 4s 1 940-1945 v a r ------------------C o o k C ou n ty — . „ ^ 4 M s 1 9 2 7 -1 9 4 0 -----------A & O 4 M s F o r P res '2 7 -’ 4 3 _ J & J l5 4s Ser K 1 9 2 7 - 1 9 3 1 .- - J & D 4s Ser M 1 9 2 7 -1 9 3 3 - — J & D 4s F o re s t P res ’ 2 7 -’3 4 - A & 0 E a s t St L o u is — „ „ 4 M s r e f S ep t 1 1 9 2 8 — S e p t E lg in S an ita ry D is t — 5s 1 9 2 7 -1 9 4 4 --------------- M & N M o lin e 4 M s 1 9 2 7 -1 9 3 2 -— J& J B prin gfield S a n ita ry D is tr ic t — 4 M s 1 9 2 7 -1 9 4 4 --------------J & D I N D I A N A (see footnote o) C ass C o o4s '2 7 - '3 3 - M & N 15 E a s t C h ic a g o — . . . ., o 6s W W 1927- 2 9 — M & N E lk h a rt— • 4 M s W W 1 9 3 0 -'7 5 — A & O oE v a n s v ille — 4s R e f 1 9 3 2 .J& J o4s R e f 1 94 2 ------------------- J& J o F lo y d C o 4s 1 9 2 8 - 3 0 - - - J& J o F o r t W a y n e S ch D 5s 1933 — oF ra n k lin C o 4s ’ 2 7 -’ 3 0 - - J & D o G a r y S ch C it y 4 M s O c t 1943 e H e n d rick s C o u n t y — 4s C H J a n 15 ’ 2 8 -’ 32_ J & J1 5 In d ia n a p o lis — 05 Ms T r a c k E le v 3 1 - 47 J& J o4s Fire D e p t J 'n e 1 '41 J& J o 4 M s S ch J 'n e 15 ’ 4 0 J & D 1 5 04 Ms 1 9 2 7 -1 9 5 5 ................J& J o 3 M s H o s p it a l 1936 -J & J 03 M s C it y H a ll 1939 -J & J 0 I n d ia n a p o lis S D — o4s B ld g S ep t 1 1 9 4 6 — J&J o 3 M s J u ly 1 1 94 1 -----------J& J o5s O c t 20 1 9 2 7 -3 9 .A & O 2 0 o K o k o m o 4s 1 927-1931 — M &S oL a P o r t e C o 5s ’ 2 7 - 2 8 — J & D oL oga n sp t — o 4 M s S ch H ’ 2 7 -’ 3 7 .J & D 1 5 M a r io n C o — 4s R e f '2 7 - -J & D o R ic h m o n d — 4s 1 9 2 7 ------- M & S oS ou th B e n d — 04J *s W W N o v ’ 4 3 — M & N 04 2*s W W D e c ’ 4 3 — J & D o 5 M s 1 9 3 1 ..........................M & S o 5 M s 1 9 4 1 ----------------------M& S b 5 25] 6 4 .60 b 4 60 b 4 89 b 4% b 4 .1 5 b 4 .1 0 b 4 .1 5 b 4 .0 5 b 4V / b 4 .5 0 b 4 .2 0 b 4 .2 0 b 4 .7 5 b 4 .1 5 b 4 .20 b 5 .2 5 b 4% 6 4% b 4% b 4% 6 4% b 4% b 4% 1 X1 b 4% b 4% 99 M 99 M 99 M 6 4 .2 0 b 4 .0 5 b 4 .1 5 o ______ b 4 -6 0 ob____ ob____ ob____ o ______ B on ds. S o u th B e n d S c h o o l D is tr ic t— o4s A p r 17 1 9 2 7 _______ F & A 4 .8 0 4 .7 5 T e rr e H a u te — 4s 1 92 7 ___ A & O o4s S ew er 1 9 3 0 _________F & A o T e rre H S ch C 4s ’2 7 - ’31 M & S ob. t o 5 50 % to 4 .8 0 % o V ig o C o 4 M D e c 1 6 T 9 2 7 -J & D to 4 70 % IN D I A N T E R R I T O R Y (See O k la h IO W A to 4 .9 0 % 4.90 4 M s 1 9 2 7 -1 9 2 9 ___________ J & D 4 .7 5 4 M s 1 9 3 2 -1 9 3 3 ___________ J & D 4.75 4 M s 1 9 3 4 -1 9 4 0 ___________ J& D 4.85 B o o n e 4 M s 1 9 2 7 -3 1 ____ M & N 4.75 B u rlin g to n 4 M s ’ 2 7 - 3 3 - M & N 4 .9 0 C o u n c il B lu ffs — 4 M s W a t W k s ’2 7 -’ 3 0 -M & N 4.90; 4 60! C ra w fo rd C o 5s ’ 2 7 -’2 9 - M & N 4 85 C u sh in g 5s S c h o o l 1 9 3 9 -M & N 4.85 D a v e n p o r t 4s 1 9 2 7 -2 9 — M & N 4 .9 0 D es M o in e s — 5s M u n ic ip 1 9 2 7 -1 9 5 7 --J & J b 4 .2 5 4.80 4 M s 1 92 7 -1 93 1 _________M & N 4.80 4 M s W W 1 9 3 2 -4 2 ____ J & D 4 .8 0 6s G en O b lig 1 9 3 1 -4 0 --J & J 4 .7 o D e s M I n d S D 4 M s ’3 2 — J& J 4 4 M s S ept 1 1 9 4 5 ______M & S 4 4 M s 1 9 4 4 ________ ______ _____ 4.30 4s S ept 1 1 94 5 __________ M & S 4 25 D u b u q u e C o 4 M s '2 7 -’3 1 -J & J 4.05 F o rt D o d g e 5s F u n d '3 9 — A & 0 to 4 .0 5 % F re m o n t C o 5s 1 9 2 7 -3 5 --J & J b 4 .2 5 4 J a c k so n C o 5s 1 9 2 7 -3 0 __A & O b 4 25 4.15 M a rs h a llto w n In d S D — 5s C it y H all 1 9 2 7 -3 9 -- M & N b 4 .20 4.10 4 . 0 M a r s h a llto w n — 45*s W a te r 1 9 2 9 -4 2 ___ A & O 6 4 .2 0 4 .2 0 45*s W a te r 1943& ’4 4 — A & 0 b 4 -25 t o 4 .9 5 % t o 4 .2 5 % O ttu m w a 4 M s Ju n e 1936 ---------- 14.20 P o lk C o 4 M s '2 7 - 3 2 — A & 0 1 5 to 4 .3 5 % 58 F u n d in g 1 9 2 7 -3 5 ____ J& J b 4 .2 5 to 4.15|% S iou x C it y — 6s P a r k A u g l5 3 5 -'4 5 F & A l5 to 4 10 % t o 4 .5 5 % 6s R e f A u g 15 1 94 0 — F & A 1 5 5s F ire F u n d 1 9 2 7 -3 3 --J & J b 4 .1 5 to 4 .3 0 % 5s P o lic e F u n d ’ 2 7 -’ 3 3 - M & N b 4 .1 5 4.15 4.15 S ioux C it y S D 5s 1 94 1 ___ J & J 4.15 W a te r lo o — to 4 .3 0 % 4 M s W W Jan 15 '3 0 — J & J t o 4 .8 5 % W o o d b u r y C o 5s ’ 2 8 -’3 2 — J& J b 4 .2 0 to 4 35 % KAN SAS. 4 M s 1 9 2 7 - 1 9 3 3 - .- ............. . J & J b 4 % to 4 35 % 4 40 I M s S o ld iers C o m p e n '3 4 -'5 2 V tchison C o — to 5 .3 5 % 4s R e fu n d ’ 29 o p ’ 1 4 ___ J & J 4.90 E m p o r ia — 4.25 4 M s D e c ’ 29 o p '1 9 ___ F & A 4.25 E m p o r ia S D 4 M s '3 2 o p ’22 J& J 4.25 F t S c o tt 4 M s ’ 35 o p ’ 1 0 --M & S 4.5( G a le n a — 4.5C 5s W W 1 9 2 7 -1 9 4 3 ____ J & D b 4 % 4.25 H u tch in s o n — 5s 1 93 1 ____ A & O 4.2( 4 M s P u b B ld g '61 o p ’ 31J & J 4.2f K an sa s C it y — 4.50 5s F e b 1 1 9 4 2 ..................... F & A 4M 4 5* s W a t & L ig h t 1 9 4 4 -J & J 4 M s S ch B ld g 1 9 2 9 ____ J & J 4.75 4 M s W a t P la n t P u r '3 9 J& J 4 M s R e fg F e b 1 ’ 2 9 . — F & A 4 M s I m p J u ly 18 ’ 4 9 - - J & J t o 4 .1 5 % B o a r d o f E d u c a t io n — 4.10 t o 4 10 % 4 M s 1 9 2 8 -1 9 5 3 ...........F & A t o 4 .1 0 % 4 5*s 1 9 2 7 -1 9 5 3 _______ J& J t o 4 10 % S ch D is t 4 5 * s 1 9 2 9 -5 4 --J & J S e d g w ick C o u n t y — t o 4 .1 0 % 4 M s B rg e O c t ’2 7 o p ’ 1 7 -J & J t o 4 .1 0 % Topeka— 45*s 1 9 2 7 -1 9 3 3 _________F & A 6 4.10 t o 4 .1 5 4 M s E le c L ig h t 1 9 2 9 ___ J & J 4 W ich ita 4 M s 193 2 -3 6 — 4 W y a n d o tte C o u n t y — • 4 4 M s B rid g e '3 2 t o '4 1 __F & A 4 KENTUCKY. 4 10 \ sh la n d — 5s Sew im p t ’ 32 & '3 7 - -M & S 4.10 4 4 5* s S I ’4 2 , ’4 7 . ’ 5 2 - - - M & S Bell C o u n t y — 4 6s C t H D e c 15 ’ 3 8 - - J & D 1 5 C o v in g to n — t o 4 .0 5 % 6s W W J a n l5 ’2 8 -'3 6 J& J1 5 to 4 .1 0 % 6s W W Jan 15 ’ 2 8 -’31 J& J1 5 6s W W J a n lS ’ 3 2 -’ 61 J& J1 5 4.05 45*s F u n d in g 1 9 2 7 -4 8 -F & A 4.05 4 M s W W 1 9 2 7 -1 9 5 1 --J & J t o 4 .0 5 % 4s F u n d g 1952 o p '4 2 - -F & A PVankfort 4 M s '2 7 o p t ’ 1 7 - J& J t o 4 .1 0 % T a r!an C o u n t y — 1 100 % 5s R d & B rid ge '4 9 -’ 52 M & N 100 % L e x in g to n 4s 1 9 4 5 _______ F & A 100 % L e x in g to n S D 5s 1 93 8 ___ J & D 4.25 L o u is v ille — 5s S ch o o l 1 9 6 2 __________ A & O 111 4 M s H o s p ita l 1 95 1 ____ M & S 107 M t o 4 .2 5 % 4 M s S ch o o l I m p t 1 9 5 4 -A & O 104 M t o 4 .1 5 % 98 4s M u n ic lm p D e c l ’28 Q -M 98 4s P a rk 1 9 3 0 ___________ J& J to 4 .2 5 % 98 4s R e fd g J u ly 1 1 9 3 7 — J& J 99 4s S ew er 1 9 4 7 __________ F & A 4 4s L o u is v W C o 1 9 4 6 - -J & J 97 M 97 4s L o u is v W C o 1 9 5 0 --F & A t o 4 .8 0 % 4s Sew er 1 96 5 __________ F & A 99 M 90 3 M s g o ld re fg 1 9 4 0 - -M & N 4.30 90 3 M s R e fu n d in g 1 9 4 3 --J & J 4 76 3s Sew er & P a rk 1 94 1 — J& J 4 M cC rack en C o u n ty — 4 5s R e f 1933 o p t 1 91 3 — M & S 4 5s R e f 1933 o p t 1 9 2 3 - -M & S 4 O w e n s b o r o — 4s '31 o p ’ l l J& J 4 4s S treet 1930 o p 1 91 5 — J& J L O U IS IA N A . 5s P o r t C o m m 'n ’2 7 -’ 5 4 - A & 0 b 4 .2 5 5s P o r t C o m m ’n '2 7 - '5 9 — J&J b 4 .2 5 4 5s P o r t C o m m ’ n ’ 2 7 -’ 5 5 - - J & D b 4 .2 5 4 4 M s R e f 1 9 2 7 -1 9 6 4 ______ F & A b 4 % 4 4 M s P o r t C o m m ’ n '2 7 -’ 57M & S b 4 .2 5 4 3 .9 0 A le x a n d ria 5s 1 9 2 7 -5 2 — F & A b 4 .3 0 3.90 A tc h a fa la y a L e v e e D is t— 5s S ept 1 9 3 2 -1 9 7 2 --M & S 1 5 ' 100 5s D is t r e f & im p '4 9 - - M & S 102 4 B a to n R o u g e 5s 1 927____ M & S 4 5s M a r 1 1 92 8 __________ M & S 4 5s M a r 1 1 9 2 9 -.............. .M & S 4 5s 1 9 3 0 -1 9 3 5 ____________M &S b 4 .4 0 4 5s 1 9 3 6 -1 9 4 0 ____________ M & S 5s 1 9 3 4 -1 9 5 4 ____________M & S 4 B ossier D is tr ic t L e v e e — • 4 5s 1 95 4 ......... A&O 4 C a d d o D is tr ic t L e v e e — 5s 1951 o p t 1 9 4 1 ..............J& J 102 4 C a d d o P a rish S D N o 1— 4 4 .0 5 5s S c h o o l 1 9 2 9 -1 9 4 3 ___ J & J 6 4 .3 5 4 .0 5 To Ask. Net. om a) 4 4 4 4 .1 5 4 .1 5 4 4 .3 0 4 35 4 .1 0 t o 4 .3 0 % 4 .1 5 4 .1 5 4.35 4 .1 5 4 .1 5 4 .1 5 4 .1 0 4 .1 5 4.25 t o 4 .3 0 % t o 4 .3 0 % t o 4 .2 5 % t o 4 .2 5 % to 4 -30 % 4 .1 5 4 .1 5 t o 4.30 % [ V o l . 124. B on ds. To Ask. Net. F ifth D is tr ic t L e v e e — 99 5s 1950 o p t 1 94 0 ............. J & J 99 5s 1952 o p t 1 94 2 _______ J & J 99 5s O c t 15 1962 o p ’ 6 2 - - A & 0 99 5s O c t 15 1 96 3 ............- A & 0 1 5 99 5s 1 9 5 7 -1 9 6 7 ................ A & 0 1 5 99 5s 1 9 5 9 -1 9 6 9 ................ F & A 1 5 L a fo u r c h e B asin L e v e e — 5s Jan 1954 o p t 1 9 4 4 ___ J& J 102 L a k e B o rg n e D is t L e v e e — 5s D e c 1952 o p t 1 9 4 2 --J & D 100 N e w O rleans 5s 0 c t ’ 2 7 -’3 2 A & 0 99 5s P u b B e lt R R ’3 9 -’ 4 9 -J & J 5s P u b B e lt 1 9 5 0 -5 9 ___ J& D 4 M s P a v in g 1 9 2 8 -1 9 3 6 -J& J 4 M s 1 95 6 -1 96 6 __________J& J 4s F lo a tin g d e b t 1 9 4 8 -A & 0 88 96 4s C o n s titu tio n a l 1 9 4 2 -J & J 96M 4s P u b lic I m p t 1950 o p t 94 M 1942 (o ld is s u e )______ J& J 95 M 95 4s P u b I m p t ’42 o p t ’2 8 . J& J O rleans D is tr ic t— 5s J u ly 1 93 0 -1 93 9 ______J& J 100 5s J u ly 1 94 0 -1 94 9 ______J& J 1 02 M 5s J u ly 1 9 5 0 -1 9 5 9 ______J& J 103 P la q u e m in e P a rish E B a n k — 5s O c t 1952 o p t 1 9 4 2 - .A & 0 P o n tc h a r tr a in D is tr ic t— D 6s 1 94 4 ____________ M & N 5s J u ly 1 96 8 ____________ J& J R e d R iv e r A & B B D is tr ic t— 5s 1950 Series B _______ A & O 5s M a r 1953 o p t 194 3 -M & S 5s 1965 Series D _______ F & A S h r e v e p o r t 5s 1929-1931 F& A 6 4 .3 5 t o 4 .4 0 5s 1 9 3 2 -1 9 3 6 ____________F & A 5s 1 9 3 7 -1 9 6 1 ____________F & A 4 M s W W & S e w ’ 2 7 -’ 5 4 -J & J b 4 .1 5 t o 4 .4 0 T e n sa s B asin L e v e e D is tr ic t — 5s J an 1 9 5 7 ______________ J&J 100 4.50 M A IN E 4 .5 0 5 M s B o n u s F u n d ’ 2 7 -’ 3 0 _ J & D t o 4 .2 5 % 5s H w a y & B d g e ’2 7 -’ 5 4 - A & 0 t o 4 .2 5 % 4.20 4s S e p t 1 1 9 2 7 -1 9 5 3 ____ M & S 4s H ig h w a y 1 92 7 -1 93 6 — -M & S 4 .2 0 4s A p r il 1928-31 t a x - e x .- A & O 4s S tate P ie r 1 9 3 3 -1 9 4 2 .-M & S t o 4 .2 5 % A u b u rn — t o 4 .0 5 % 4s 1935 & 1940 t a x - e x .- J & J 4 .0 5 A u g u sta 4s O c t 151 9 2 7-5 5 A & O B an gor— 4 .2 0 4s R e f W a t ’ 35 (taxable).J&J 4s F u n d 1927-30 ta x -e x .J & J 4.20 B a th 4s R e f 1941 t a x -e x . J & D 4 .5 0 B ld d e fo r d 4s 1 9 2 7 -3 5 -— M & N 4 .5 0 B rew er H igh S ch D is t— 4 M s 1 92 7 -1 94 5 _______ M & N G a rd in e r W a te r D is tr ic t— t o 4 .3 0 % 4.20 4s 1934 ( taxable) _________J& J 4.20 K e n n e b e c W a t e r D istrict4s R e f M a y 1 1 9 5 9 ___ M & N 4 .2 5 K it t e r y W a te r D is tr ic t — 4 .1 5 5s Jan 1928 t o 1 9 3 8 ____ J& J 4 .1 5 L e w is to n 4s g O c t 1 9 2 7 - -A & O 4 .1 5 P o r tla n d — 4 .1 5 4s A u g 1 1929 t a x - e x . .F & A 4 .1 5 4s O H ’ 2 7 -'4 5 t a x -e x .A & O 4s H ig h S ch 1936 t a x -e x e m . 4 .1 5 P o r t la n d B rid g e D is t ( taxable) 4 .1 5 3 M s J u ly 1927 t o 1 9 3 9 .M & S 4 .1 5 P o r tla n d W a te r D is tr ic t— 4s F u n d in g 1 9 2 8 _______ J & D 4 .5 0 S aco 4s A p r il 1 9 3 9 _______ A & O S o u th P o r tla n d S ew er D is t — to 4 .2 0 % 4s 1 9 3 1 -1 9 5 0 _________ M & N 4 .1 5 W a s h in g to n C o 4s 1 9 2 8 .-J & J 4 .1 5 W a te r v ille — 4s g J u ly 1 1 9 2 7 — 3 M s S e p t 1 9 3 5 _______ M & S 4 .1 5 M ARYLAND 4 M s A u g 15 1 9 2 7 -3 3 — F & A 1 5 4 M s R d & B d g e ’2 8 -’40 J & D 1 5 4 5 0 4s 1927 t o 1 9 2 8 - - ......................— 4 .5 0 4s 1928 o p t 1 9 2 3 -............— J & J 4s Jan 1 1 92 9 ______________ J & J 3 M5 1 9 2 7 - 1 9 2 8 - - - ........... - F & A 4s R o a d s 1 9 2 7 -1 9 3 0 ______F & A 4 .5 0 4 M s R o a d s J 'n e l5 '2 7 t o ’2 8 J & D 4 .5 0 A n n a p o lis 4 M s W W ’4 2 . A & O 4 .5 0 B a lt im o r e — 5s 192 7 -1 94 6 M & S 4 .5 0 5s 1 9 2 7 - 1 9 6 1 - - - ............. A & O 4 .5 0 5s G e n . I m p . 1 9 4 3 -4 5 --M & S 4 .5 0 5s W a te r 1 96 1 __________ A & O 4 .6 0 4 M s M a r 1 1 9 2 7 -5 5 — M & S 4 M s M a r 1 1955______M & S 4 .5 0 4s A u g 1 1 95 1 ................ .F & A 4 .2 5 4s A n n e x 1 95 4 __________ J & D 4M 4s P a rk s 1 95 5 __________ M & N 4s M a r 1 1 96 1 ...................M& S 4s A u g 1 1961 — ............. F & A 4s S c h o o l 193 3 -1 93 9 — M & N 3 M s J u ly 1 1 93 0 ...........— J & J 3 M s I m p t 1 9 4 0 ________ J & J 3 M s M a r 1 94 5 _________M & S 3 M s R e fu n d in g 1 9 5 2 — J& J 3 M s S ew age I m p t ’8 0 -A & O C u m b e r ’ d 4 M s W W '4 1 -A & O H a g e r s to w n — 5s W a te r 1 93 8 -1 98 7 — A & O 4 M s 1 93 6 -1 98 6 --------------A & O W a s h in g to n S ub San D is t — 4 M s S ew er g 1 9 7 3 ______J & J 5s 1 9 6 9 ____ ____________ 5 M ASSACH U SETTS 5 4s 1927-52 (t a x -e x e m p t )— V ar 4 .4 0 3 M s g o ld J u ly 1 1 935____ J& J 4 .4 0 3 M s 1956 r e f (t a x -e x e m ).J & J 3 M s 1937 reg (t a x -e x e m ).J & J t o 4 .4 0 % 3 M s W a te r 1 94 2 __________ J& J t o 4 .4 0 % 3 M s g o ld J u ly 1 944______M & S t o 4 .4 0 % 3s A p r il 1 1 9 2 9 ................... A & O t o 4 .2 0 % 3s g o ld M a y 1 92 9 _______ M & N t o 4 .4 0 % 3s M e t S ew erage 1 9 3 6 ___ M & S t o 4 .6 5 % 3s g o ld J u ly 1 1 93 9 _______ J & J 3s g o ld W a te r Jan 1 1 9 4 1 .J & J A r lin g to n 4 s ’ 2 7 -’4 2 (ta x ex) J& J A t t le b o r o u g h — 4.20 3 M s M a r c h 1 93 5 ______M & S 4.30 B e v e r le y 4s' 2 7 -’3 6 ( t a x e x ) A & 0 4.40 4s 1927 -1 94 5 (ta x ex) .M & N 4 .4 5 % B oston — 4.50 4 M s T u n 1960 t a x -e x .A & O 4.50 4s J u ly 1 9 3 6 - .....................J& J 4s A p r ’ 2 7 -’37 (t a x -e x ).A & O 4s 192 7 -1 93 9 (ta x -e x ). t o 4.45 % Bid. 4 .4 5 4 .2 5 % 4 .4 0 4 .4 5 % b 4 % t o 4 .1 0 % b 4 .0 5 to 4 M % 99 M 9 9M 99 M 9 9M 100 M 100 M 100M 100M — 4.21 99 100 4 .3 9 99 98 98 M 4 .1 0 97 99 M 98 M 4 .3 0 99 99 M 99 M 99 M b 4% 99 M 98 100 100 100 t o 4 .1 5 % 100 9 9 Vi 98 98 H b b b b b b b b b b b 4% 4% 4% 4% 4% 4% 4% 4% 4 .1 0 4 .0 5 4 .0 5 6 4 .0 5 4 .3 5 to to to to to to to to to to to to 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4 .2 0 4 .1 5 4 .1 5 4 .1 5 % % % % % % % % % % 4 .1 0 103 104 105 106 105 106 99 99M 99 99 M 99 99 M 99 99M 99 99 M 99 100 97 99 97 99 96 98 __ 86 87 b 4 .1 0 t o 4 .2 0 % 4 .1 5 4 .1 5 b 4 .3 5 t o 4 .5 0 % b 4 .3 5 t o 4 .5 0 % 101 M 95 M 94 M 97 92 M 92 M 97 M 97 M 91 M 89M 88 M 6 3 .7 5 t o 3 .8 5 % 9 4 Vs 6 3 75 to 3 ,8 5 % 6 3 .7 5 t o 3 .8 5 % 1 05 M 98 6 3 .8 0 t o 3 .9 0 % 6 3 .8 0 t o 3 .9 0 % 97 100M 100M 100M 6 B a s is. / F la t p r ic e , n N o m in a l, c T a x -e x e m p t; u n d e r a la w a p p r o v e d M a r c h 9 1903 a n d w h ic h w e n t in t o e ffe c t A p r il 23 1 90 3 . b o n d s Issued a ft e r th a t d a te b y S ta te o r m u n icip a l c o r p o r a t io n s a re ta x -e x e m p t , a n d th e se sell o n a b e tte r b a s is , s S ale p r ic e . B onds 51 STATE AND MUNICIPAL BONDS F e b ., 1927.] Bid. To Ask. Net. Bonds. Bid. To Ask. Net. M I C H I G A N ( Concluded )— S agin aw 4 M s sew '2 7 -’3 3 -J & J 6 4 .1 0 t o 4 .1 5 % 4 M s S ew er 1 9 2 7 -1 9 4 9 -F & A 6 4 .1 0 to 4 . 15 % 4 M s Sew er 1 92 7 _______ J & D 4 4 M s S ew er 1 9 2 8 -1 9 2 9 --J & D 4 4 M s S ew er 1 9 3 0 -1 9 3 2 -.J & D 4 .0 5 4 M s S ew er 1 9 3 3 -1 9 5 1 --J & D t o 4-20 % SauIt S te M a r ie 4s 1 9 3 2 --J & J 4 .2 0 W ayne C ou n ty — 4 M s b ld g & b d g e ’ 2 7 - ’3 9 M & N 6 4 .1 0 to 4 .1 5 % W y a n d o t t e 4 M s 1 93 4 ___ J & D 4.20 M IN N E S O T A 4 .1 0 4 M s J u ly 15 1 9 4 3 _______ J& J15 4 M s D e c 1 1 93 9 __________ J& D 100M 101M B e ltra m i C o u n t y — 5 .5 0 5 M s D it c h 1 9 2 7 -3 4 ___ J & D 5 .2 5 6s R o a d 1 9 3 0 ____________ 4.75 B ra in e rd 5s N o v 1 927-1929 D u lu th — 4 .1 0 4s g W a te r & L ig h t ’ 2 8 - A & 0 4 .1 0 4s W a te r & L ig h t 1 9 3 6 -A & O 3 .5 0 4s 1 9 2 7 __________________ J & J 3 .9 0 4s 1 9 2 8 __________________ J& J 3 .9 5 4s 1 9 2 9 __________________ J& J 4 4s 1 9 3 0 -1 9 4 6 _____________J& J D u lu th I n d S ch o o l D is t— 4 .2 0 5 M s 1936, 1938, 1 9 4 0 -A & O 4.15 4 M s F e b 1 '4 0 o p '3 0 - -F & A 4 .1 5 4s 1934 o p t 1 9 2 4 _______ A & O H e n n e pin C o u n t y — 6s B r id g e 1 9 2 7 -4 0 ____ M & N b 4 .2 0 to 4 .3 5 % 5 M s B rid g e 1 9 2 7 -4 0 --M & N b 4 .2 0 to 4 .3 5 % 4 M s S a n ito riu m ’ 2 8 -’4 2 _ J & J b 4 .2 0 to 4 .3 5 % 4 M s H o s p ita l ’ 2 7 -’4 1 -M & N b 4 .1 5 to 4 .2 5 K o o c h ic h in g C o 5s '2 8 - ’33 J & J b 6 % to 6 M % 5 M s D it c h 1 9 2 8 -1 9 3 5 --J & J b 6 % to 6M % M in n e a p o lis — 5s 1 9 2 7 -1 9 2 8 ............ J& D b 4 % to 4 .2 5 5s 1 92 9 -1 93 2 ___________ J & D b 4 % to 4 .2 0 5s 1935, ’3 6 , ’4 0 , ’4 3 . ’45, ’4 6 , ’4 7 . ’4 8 , ’4 9 , ’ 5 0 -J & D b 4 % to 4 .1 5 5 s S t I m p M a y 2 ’3 7 -'4 lM & N 2 b 4 % t o 4.15 4 M s 1 9 2 7 -1 9 3 5 _____________ ’ b 4 % to 4 .1 5 4 M s M a r 1 9 2 7 -1 9 3 7 --M & S b 4 % to 4 .1 5 4 M s S ch o o l 1 94 1 ____________ b 4 % to 4 .1 5 4s M a y 1 1 9 2 7 - - ........ .M & N b 3 .7 5 t o 4 .2 5 4s S ch o o l Jan 1 1 93 5 ___ J & J b 4 % to 4 .1 0 4s Im p r o v e m e n t 1 9 4 2 -J & D b 4 % to 4 .1 0 4s 1 94 4 _______ - .A & O b 4 % to 4 .1 0 3 M s S ch o o l Jan 1 '2 9 - -J & J b 4 % to 4 .1 5 3 M s W a te r W k s 1 9 3 2 — J& J b 4 % to 4 .1 5 R am sey C ou n ty — 4 M s R d & B d g e ’3 8 -’44 M & N b 4 .1 0 to 4 .2 0 4 M s R d & B d g e ’3 3 -’37 M & N b 4 .1 0 to 4 .2 0 % 4 M s R d & B d g e ’2 7 -’43 J & D b 4 .1 0 to 4 .2 0 % 4 .2 5 St L o u is C o 5s 1 9 2 7 -2 9 . . -J & J 4 .3 0 5s R o a d 1 9 3 1 ___________ J& J St P a u l 68 S ch o o l J u ly 1 1 9 5 1 - -J & J 6 4 .1 5 to 4 .3 0 4 % to 4 20 5s R e fg J u ly 2 ’2 7 -’3 1 - - J & J 4 M s W W 1 9 2 7 -4 2 -- - A & O 4 % t o 4 .1 5 4 % t o 4 .1 5 5s S c h o o l J u ly 1 1 95 1 __J& J 4 % t o 4 .1 5 4 M s J u ly 1 93 5 __________ J & J 4 M s P a rk June 1 ’ 4 3 — J & D 4 % to 4 .1 5 4 M s Sew er J u ly 1 '4 3 - - J & J 4 % to 4 .1 5 4 M s W a te r A u g 1 ’ 4 3 -F & A 4 % to 4 .1 5 _ 4 % t o 4 .1 5 % 4 M s R e fg J u ly 2 ’2 7 -’3 1 -J & J 4 % to 4 .1 5 % 4 M s N o v 1 1 93 1 ____________ 4 % to 4 .1 5 % 4 M s J u ly 1 1 95 5 _______ J& J 4 % to 4 .1 0 % 4s R e f M a r 1 1 93 9 ____ M & S 4 % t o 4 .1 0 % 4s S ew erage J u ly 1 1939 J& J 4 % to 4 .1 0 ,% 4s M a r c h 1 1 9 4 0 _______ M & S 4s J u ly 1 1 92 7 -5 5 _______ J& J 4 % t o 4 .1 0 % 4 .6 0 S o u th St P aul 5 M s r e f ’3 3 - J& J M IS S IS S IP P I 5 M s I m p t 1 9 2 7 -1 9 3 0 _____M & S 6 4 .1 5 t o 4 .3 0 % 4 .3 5 5 M s I m p t 1 93 1 -1 94 6 _____M & S 5 M s A p ril 1 92 9 -1 93 4 _____A & O 6 4 .2 5 t o 4 .3 0 ,% 4 .2 5 4 M s 1 9 3 0 -1 9 5 0 ________________ 4 Ms 1 9 2 7 -1 9 3 4 ____________ J& J 6 4 .1 0 to 4 .2 0 ;% 4 M s J u ly 1 1 92 7 -1 93 5 ____ J& J 6 4 .1 0 t o 4 .2 0 4 .2 0 4 M s J u ly 1 1 9 3 6 ___________ J & J 4 .1 5 3 M s S ta te 1934 o p t 1 9 1 4 --J & J B ilo x i 5 Ms 1 9 2 7 -1 9 4 8 ___ A & O 6 4 .5 0 to 4 .7 5 % 4 .3 0 G r e e n v ille 5s 1 92 7 _______ M & S 5 H a rris o n C o 5 M s 1940-50 F & A 4 .5 5 J a c k so n 5 M s J u ly 1 1 9 3 3 -J & J 4 .4 0 5s W a te r A u g 1 1 9 2 8 --F & A 4.45 5s W a te r 1 9 3 0 __________ F & A 4 .5 0 5s June 1 1 93 2 __________ J & D Jo n e s C o 5s 1 9 2 7 -4 2 ______M & N 6 4 .6 0 t o 4 .7 0 % 4 .5 0 M e r id ia n 5s D e c 1 1 9 3 9 - -J & D 4 .4 5 4 M s S ch o o l H o u s e 1941 J& J M is siss ip p i L e v e e D is tr ic t —4 .7 0 5s M a y 2 1 94 4 .............. .M & N 4 .7 0 5s J u ly 1 1 9 5 3 ___________ J & J 4 .6 5 4 M s S ept 1 93 4 _________M & S 4 .b 0 V ic k s b u r g 5s St 1 93 2 ____ F & A 5s P u b I m p 1 9 2 7 - 4 8 - - -F & A 6 4 .3 5 t o 4 .6 0 % 4 .3 5 4 M s S ew er D e c 1 1 92 8 - D e c Y a z o o -M is s D e lta L e v e e D is t 4 .7 0 6s 1947 o p t io n a l 1 9 1 7 --J & J 5s 1 9 2 7 -1 9 5 4 ___________M & N 6 4 .5 0 t o 4 .7 0 % 4 .6 5 4 M s J u ly 1 949__________ J & J 4 .6 5 4s 1952 o p tio n a l 1 92 2 — J& J M IS S O U R I 4 .1 0 5s M a r c h 1 93 0 -1 93 6 ____ 4 .0 5 4 M s 1 9 3 3 -1 9 3 7 ___________ A & O 4 .0 5 4 M s 1938 & 1 93 9 ________ A & O 4 .0 5 4 M s 1 9 4 3 -1 9 4 6 ___________ M & S 4s R o a d 1933-34 Ser D . . M & S 98 M 100 K a n sa s C it y — 5s W a te r W o r k s 1 9 3 9 --J & J 107 4 M s S ept 1 1 9 3 0 _______ M & S 100M 4 M s M a r 1 1 9 3 3 _______ M & S 101 105 4 M s W a te r W o r k s 1 9 4 2 -J & J 104 4 M s 1 9 2 8 -3 4 _____________J& J 6 4 .1 5 4 .0 5 % 4 M s 1 9 3 5 -4 5 _____________J & J 6 4 .1 5 4 .0 5 % 4s S ept 1 1 93 0 _________M & S 98 K a n s a s C it y S ch o o l D is t — 5s J u ly 1 9 4 1 ____________ J& J 107 M 4 M s J u ly 1 1 93 3 ................ J& J 101 4 M s J u ly 1 1 937................ J& J 101M 4 M s Jan 1 9 4 3 ___________ J& J 103 4 .1 0 4 M s Sew er 1 9 2 8 -'3 4 — M & S 4 .1 0 4 M s S ew er 1 9 3 5 -’4 5 — M & S 4 .1 0 4 M s 1 9 2 9 -1 9 3 2 __________ J & J 4 .1 0 4 M s 1 9 3 3 -1 9 4 3 .............- . J & J 99 4s J u ly 1 1 9 2 7 .....................J& J 4s B u ild in g 1 932_________J& J 98 L ittle R iv e r D r a in a g e D is t— 5 M s O c t 1 9 2 7 -1 9 4 4 — A & O 6 6 .2 0 t o 5 .4 0 % S t J o se p h S ch o o l D is tr ic t — 4 .1 5 4 M s , 1930 a n d 1 93 5 — S t L o u is — 4 M s B r id g e -C o m p l '3 5 A & O 1 02 M 103 M 4 M s P u b lic B ld g & I m p 1 9 2 8 -1 9 4 3 -................ — J& J 6 4 % t o 4 .1 0 % 4s In s a n e A s y lu m '2 8 -A & O 99 M 100 Bonds. Bid. To Ask. Net. St L o u is ( Concluded) — 99 M 100 4s P u b lic I m p t 1 92 8 _____J& J 4s P u b lic B ld g 1 9 2 9 ___ A & O 99 M 100 4s W W R e n e w '3 1 ___ M & N 99 M 100 4% 4s S c h o o l 1 9 3 7 __________ J& J b 4 . 15 4% 4s S ch o o l 1 9 3 8 __________ J& J b 4.15 4 <7„ 4s 1 9 3 1 -1 9 4 6 ___________ A & O b 4 .1 0 3 .6 5 s R e n J u n e 1 92 7 ___ J & D b 4 .2 5 3 .2 5 % S prin gfield 5s '3 2 o p ’ 1 7 -J & D M ONTANA 5 M s E d u c a tio n a l 1 94 1 ___ J& J 6 4 .2 0 t o 4.35 % 4 M s E d u c a tio n a l 1 94 4 ___ J& J b 4 .1 5 t o 4 .3 0 % 4 .7 5 B illin gs 5s 1934 o p 1 9 2 9 — J & J B u t te 5s 1 92 8 -1 93 6 _______ J& J b 4 .9 0 t o 5 % 4.80 6s 1 9 4 1 _______ ...J & J D a n ie ls C o 6s 1 9 3 3 -1 9 4 2 ______ b 6 % t o 5 .2 5 % G r e a t F alls— 4 .8 5 5 M s S ew er ’35 t o '3 9 — J & J 5 H e le n a 5s 1931 o p t 1 9 1 6 -J & J 5 K a lisp ell 5s 1 93 3 __________ J& J 5 L in c o ln C o 5s '3 2 o p '2 7 — J& J 5.10 5s F u n d M a r '31 o p '2 1 .J & J P h illips C o — 5s R e f D e c ’ 35 o p '3 3 __J& J N EBRASKA 4.15 D o u g la s C o — 4s ’2 7 -’2 8 . A & 0 4 .2 0 5s H ig h w a y 1 94 2 ______A & O 4 .2 0 5s H ig h w a y 1 94 3 ______A & O K e a rn e y 4 M s 1 9 2 7 -1 94 5 -M & S 6 4 .3 0 to 4 .5 0 % 4 .1 5 L in c o ln — 4 M s ’ 28 t o ’2 9 . F & A 4 .3 0 5 M s H o s p ita l J u ly ’ 3 5 -’44 L in c o ln S D — 4 M s 1 9 2 9 -1 9 5 3 _______ M & N b 4 .1 0 to 4 .2 0 % O m a h a 5 M s 1 9 4 1 _______ M & N b 4 .2 5 t o 4 .3 0 % 4 .2 5 5s 1930, ’3 5 , ’4 0 , '4 5 , ’ 50 4 .1 5 4 M s R e fu n d in g 1 93 3 — J & J 4 .1 5 4 M S w W D e c 15 ’ 4 1 . .J & J 4 .1 5 O m a h a S D 4 M s 1 9 2 8 .— J& J 4 .1 5 4 M S J u ly 1 93 1 __________ J& J 4 .1 5 4 M s M a y 1 1 95 5 ______ M & N 4 .1 5 4 M s M a y 1 1 9 5 6 ______ M & N 4 .2 5 5s 1 9 4 8 ________________ J & D 4 .3 5 5 M s M a y 2 1 95 1 _____ M & N So O m a h a S D — 4 .2 5 5s D e c 1929 ___________ J & D NEVADA 4 .6 0 W a s h o e C o S D 5s’ 2 7 t o ’ 29 M & S N E W H A M P S H IR E C on cord— 3 M s 1927 t o 1 9 2 9 _____ J & J 98 M 4 M s 1942_______________ J & D 101 4 M s ’3 8 , ’4 0 , ’4 2 , ’ 4 4 .M & N 100 Vs 97 D o v e r 3 M s 1 9 2 8 -1 9 3 1 .— J & D M a n c h e s te r — 99 4s 1927-1940 (ta x -e x )_ _ F & A 99 4s 1927-1942 (ta x -e x ) . -J & J 4s S ew er 1927-1943 (ta x 99 e x e m p t )--------------------- M & N 99 4s 1 92 7 -1 94 5 ___________ J & D 99 M P e m b r o k e 4s ’2 7 -’3 4 ____ F & A 9 9M 98 M P o r ts m o u th — 4s R e f W a te r 1 9 3 2 ____ J & J S tr a tfo rd 5s M a y 1933-1954 _ 108 M NEW JER SEY 4 .0 5 4 M s R o a d & b d g e 1 93 3 — J& J 4 .0 5 4 M s R oa d & bdge 1938— J& J 4 .0 5 4 M s 1 9 4 0 __________________J & J M E X IC O 4 .0 5 4 M s H ig h w a y 1 9 5 4 _______ J& J See F oreig n G o v ts .page 4 9 . 4 .0 5 4 M s 1 9 5 5 _________ .J & J A s b u r y P a rk — M I C H I G A N (See fo o t n o t e o 4 .3 5 4.25 4 M s S ch o o l Jan 1 9 4 3 — J&-T 6% a J u ly 15 1 941______ J& J15 4 .3 5 4.201 4 M s 1 93 6 -1 94 6 _______ M & S 644s O c t 15 1 94 1 ______ A & 0 1 5 4 .3 5 4 .2 0 544s H ig h w a y 1 941______J & D 4 M s 1 95 1 -1 96 0 _______ M & S 4 .2 0 4 .1 5 A tla n t ic C it y — 6s 1 927__A & O 5s H ig h w a y 1 9 4 0 ________ J & D 4 .2 0 4 .1 0 4 M s 1 92 7 -1 93 7 __________ J& J 444s H ig h w a y 1 94 3 --------- F & A 4 .2 0 4 .1 0 4 M s 1 93 8 -1 95 8 __________ J& J 444s H ig h w a y I m p t 1937 A & O 4 .2 0 4.05 4s H ig h w a y I m p t 1 9 4 2 - -A & O 4 M s P a v in g 1 93 8 _______ J & J 4 .2 0 A n n A r b o r S c h o o l D is tr ic t— 4 M s Jan 1 1 94 5 ________ J & J 4 .2 0 4 20 4s W a t e r 1 93 0 _________ ..J & J 4s S ep t 1 935___________ A & O A tla n t ic C o — B attle C re e k — 4 .2 0 4s C it y H a ll 1 9 2 8 -3 6 --F & A 6 4 .1 0 t o 4 .2 0 % 4 M s B r id g e 1 92 8 -’ 3 0 — A & O 4 .2 0 415 B a y C it y 4s 1 93 4 _________J& J 4 M s B rid g e 1 93 1 -3 5 — A & O 4 .2 0 544s W W 1 9 2 7 -1 9 5 1 -- M & S b 4 -25 t o 4 .4 0 % 4 M s B rid g e 1 9 3 6 -5 7 — A & O A tla n tic H igh la n d s— B a y C it y U n ion S D — 4 .5 0 4s g S ew er J u ly 1 1 9 2 8 .J & J o6s 1927, 1931, 1 9 3 6 - .- J & J 444 t o 4 .4 0 % 4 .8 0 A u b u d S D 6s’ 2 7 -’ 4 0 ___ A & O B essem er 544s 1 9 2 7 -4 9 --F & A 4 .6 5 t o 5 % % 4 .1 5 D e tr o it— B a y o n n e — 5s F u n d 1 9 2 8 .J & J 4 .1 5 4 .3 0 o6s P u b S erv 1 9 2 8 -2 9 --J & J 5s Jan 1 1 92 8 -1 94 9 ____ J & J 4 .1 5 4M ® F u n d in g 1 93 1 ____ J & D o6s P u b S erv 1 9 3 0 -5 1 --J & J b 4 .2 5 t o 4 .4 0 % 4 .1 5 4 .3 0 4 M s Jan 1 1 933_________J& J o544s N o v 1 1945____ M & N 4 .’ 5 4 .1 0 4 M s 1 92 7 -1 95 3 _________F & A 0544s P u b U til '2 8 - ’2 9 -J & J 4 .1 5 4s F lo a tin g D e b t 1 9 2 8 .J & J o 544s P u b U til ’3 0 -’ 5 1 .J & J b 4 .2 0 t o 4 .2 5 % 4 .2 5 0 5 % s P u b U til ’2 7 - ’4 8 . A & 0 b 4 .1 0 to 4 .2 5 % B e lle v ille 5s 1934 & ’ 4 4 -M & N 4 .2 5 4 .1 0 4 M s F u n d in g 1 94 5 __________ 5s P u b I m p t 1 9 2 8 -2 9 ___ J& J 4 .2 5 B e lle v ille S D 5s ’2 7 -’4 4 .M & N 5s P u b I m p t 1 9 3 0 -5 1 ___ J& J b 4 .1 0 t o 4 .2 5 % 4 .1 0 B e rg e n C o 5 M s ’3 1 -’3 4 — J & D o5s Jan 15 1 9 3 6 -4 2 --J & J 1 5 b 4 .2 0 t o 4 .2 5 % 4 .1 0 4.20 5 M s D e c 1 1 9 3 5 -1 9 4 2 ..J & D o444s P u b L ib 1 9 4 8 -J & J 1 5 4 .1 0 5s D e c 1 94 4 ____________ J & D 4 .2 0 o444s 1932, 1 9 3 5 -4 2 -J& J15 4 .1 0 4 .1 5 5s D e c 15 1 9 2 7 -1 9 5 5 .J & D 15 4 M s 1 94 2 -1 95 2 _________J & D 4 .1 0 4 4 M s 1 92 7 -1 93 9 ________ A & O o4s A u g 15 '2 7 -’ 2 8 - - F & A 1 5 4 .1 0 4.10 o4s S ch o o l 1 94 6 _______ M & N 4 M s A u g 1 92 7 -1 93 8 ___ F & A 4 .1 0 4 .1 0 4s C o u r t H se ’2 7 -’3 8 — A & O 344s P a rk 1 93 0 _________M &S B lo o m fie ld — O E scanaba 444s 1 9 2 7 -3 0 — J& J 6 4 .1 5 t o 4 .2 5 % 4 25 4 M s D e c 15 1 9 2 7 -3 1 — J & D cF lin t 444s 1 9 2 7 -3 9 ______F & A 6 4 -15 t o 4 .2 5 % 4 25 4.25 4 M s D e c 15 1 9 3 2 -6 4 ___ J & D 444s 1 93 8 -1 95 3 _________J & D C am den— 444s 1 92 7 -1 95 4 _____M & S 1 5 6 4 -2 0 t o 4 .3 0 % 4 .1 0 S M s A u g l 1 9 2 7 -1 9 6 1 — F & A 444s 1 92 7 -1 93 7 ------------- J & D 6 4 .1 5 t o 4 .2 5 % 4 .1 0 4 M s S ch o o l 1 94 3 ______A & O o5s (M a r 15 & A p r 1) ’3 1 -’ 50 6 4 .2 0 to 4 .3 0 % 4 .1 0 4 M s W a t e r '2 7 t o '6 0 . M & N F lin t U n ion S ch o o l D is t — 4 .1 0 4s P a v in g 1 9 2 9 ____ — M & N 5s 1 92 7 -1 95 4 ___________ M &S 6 4 .3 0 t o 4 .4 0 % 4 .1 0 C a m d e n C o 4 M s 1 9 3 8 .-F & A 4-25 oG en esee C o 6s 1 9 2 7 -3 1 -M & N 4 .1 0 4 M s 1 93 5 -1 95 7 __________ J& J G ran d R a p id s 5s 1 9 2 7 -3 4 -A & 0 6 4 .1 0 4 .1 5 % 4 .1 0 4 M s 1927-1964 — ...........F & A 444s F lo o d P r o t e c '3 3 -M & S 6 4 .0 5 4 .1 5 % 4 .1 0 4s 1 9 4 4 __________________J& J 4 444s 1 92 7 -1 92 8 _________F & A 4 .6 5 C a p e M a y — 5s 1 93 4 ____ J & D 4 444 s 1 92 9 -1 93 0 _________F & A 4 .6 5 4 M s S ch o o l 1 92 7 -1 95 1 -M & S 444s 1 93 1 -1 95 3 _________F & A 6 4 % 4 .0 5 % 4 65 4 M s 1 9 2 7 -1 9 5 2 _________M & S 4~ 4s W a ter N o v 15 '2 9 - .M & N 4 .1 5 E a s t O ran ge 4 M s ’ 2 7 -’4 5 -F & A 4.15 H igh la n d P a rk 5s 1 9 2 8 - -J & J 4 .1 5 4 .2 0 5s S ew er 1 9 2 8 -1 9 6 0 ____ J& J o444s S ept 15 1 9 3 4 - - - M & S 4 .1 5 4s 1934_________ .A & O 4 .2 0 J ack son 4 44s 1 9 3 0 -4 7 -A & 0 1 6 4 .1 5 4s W a t e r 1 9 3 3 __________ J & D 4 44s G en Im p t ’3 0 -’ 5 4_M & N 6 4 .1 5 t o 4 20 % 4 15 3 M s W a te r 1 93 3 _______ A & O 4 .1 5 J a c k son U n S D 4 44 s’2 8 -3 0 M & N 4 .1 0 E liz a b e th — 4 M s 1 955____ J& J 4.15 444s 1 93 1 -1 93 6 _______ M & N 4 .1 0 5 M s D e c 1 1 9 2 7 -1 9 4 6 .J & D 4 .2 0 444s 1937 -1 94 5 _______ M & N 4 .1 0 6s Ju n e 1 1 9 2 7 __________ J & D K a la m a z o o S D N o 1— 4 .3 0 E n g le w o o d — 4s S ept '3 5 .M & S 4 .1 0 05s S ch o o l ’ 2 7 -’ 3 0 - .M & S 1 5 E ssex C o 4 M s R o a d ’ 3 5 . -F & A b 4 .0 5 t o 4 .1 0 % L a n s in g o5a 1 9 2 7 -3 2 ___ J -J 1 5 6 4 .1 0 t o 4 .1 5 % 4 M s L 'd P u r ch ’2 8 -’ 4 6 -J & J b 4 .0 5 t o 4 .1 0 % o5s J an 3 1 9 2 8 -1 9 3 2 --J & J 3 6 4 .1 0 to 4 .1 5 % 4.15 4 M s H o s p ita l ’2 7 - '4 9 — F & A b 4 .0 5 t o 4 .1 0 % o 4 % s Jan 3 1 9 3 0 -3 6 --J & J 3 4 M s R o a d 1 9 3 2 -1 9 3 6 .-F & A b 4 .0 5 t o 4 .1 0 ,% 4 .15 4 44s 193 7 -1 94 6 ________ J & D 4s H o s p ita l 1 9 4 6 ______ F & A 6 4 % t o 4 10 % M u sk e g o n — 3 .6 5 s P a rk ’ 27 t o ’3 5 — F & A b 4 .0 5 t o 4 .2 0 % 444s W -W 1 9 2 8 -4 4 ____ J& J 6 4 .1 0 t o 4 .2 0 % E ssex F ells (B o r o ) 5s J u ly 28 4.20 4s M a y 1 1 93 4 _________M & N 4 .6 0 1 9 2 7 -1 9 6 0 _____________ 4 .2 5 M u sk e g o n S D 5s 1 9 4 2 ___ J u ly F a irv ie w — 5s 1 9 4 4 _____ 4 60 4 .2 0 M u sk e g o n C o 444s 1 9 3 2 - -J & J 4 .5 0 G a rfie ld 5M** 1 9 2 9 ............M & S P o n t ia c — 444s ’ 3 1 -’4 7 . - - M & S 6 4 .2 5 t o 4 .3 0 % G lo u c e s t e r C it y 4 M s ’3 0 -6 6 J & D 4 .5 0 544s Sew er 1927-1942 F & A 6 4 .3 0 t o 4.40 % G lo u c e ste r C o — 6s W a t Im p t 1 9 2 7 -2 8 -J & D 4 .3 0 4 M s B ld g & R d '2 7 -’45 J & D 2 0 6 4 .2 0 t o 4 .3 0 % 6s W a t Im p t 1 9 2 9 -3 5 -- J & D 6 4 30 t o 4 .4 0 % 4 .3 5 H a c k e n s a c k — 4 M s 1 9 4 2 .F & A 4 .5 0 6s W a t Im p t 1 9 3 6 -5 0 — J & D 4 M s I m p 1 9 2 8 -1 9 4 2 ____ J& J 4.15 P o r t H u r o n 4s 1 93 2 _______ J& J L 35 b B asis. / F la t p r ic e , n N o m in a l, o T a x -e x e m p t; u n d e r a la w a p p r o v e d M a r c h 13 1909, a n d w h ic h w e n t in to e ffe c t S e p t. 1 1 9 0 9 . b o n d s Issued a fte r t h a t d a te b y m u n icip a l c o r p o r a tio n s a re ta x -e x e m p t a n d th e s e , a c c o r d in g ly se ll o n a b e tte r b as is. B oston ( Concluded )— 344s June 11 93 2 ______J & D 9 6M 95 344s June 11 934______J & D 94% 344s J u ly 11 9 3 5 ..........-J & J 91% 344s June 11 94 3 ______J & D 91% 344s June 11 944______J & D 90% 344s J u ly 11 94 5 .......... -J & J 99% B ro ck to n 4s M a y 1 927— M & N 344s W a te r 1 93 2 ______M & N 9 6% C a m b rid ge— 9 0% 344s M a y 1 ’45 (r e g )_ M & N 86 % 3s B rid g e 1 9 4 1 _________F & A 98 C helsea— 4s P a rk 1 9 3 6 - -A & O 96% 4s S ep t 1 1 95 8 _________M & S Essex C o 4s ’ 2 7 -’ 31 t a x ex M & N b 3 .7 5 t o 3 .8 5 E v e re tt— 4s S ew er 1 9 2 9 - -M & S Fall R iv e r —■ 444s ’ 2 7 -’29 (t e x - e x )._ A & O 3.80 4 44s '2 7 -'3 4 (ta x -e x ) _ -M & N b 3 .8 0 t o 3 .9 0 !% 4s 1 92 7 -'5 5 (t a x -e x )___ M & N b 3 .8 0 t o 4 % 100 4s 1927 (tax e x ) _______ J & D 97% 3 44s W a te r 1930 tax ex F & A 98% G a rd n er 4s w a t ’2 7 -’3 4 -_ M & N G lou c ester— 344s W a ter '2 7 t o ’3 1 - - A & C 99% H a verh ill— 4s 1 92 7 _______ J& D H o ly o k e — 3.85 4 M s ’2 8 -’ 50 ( t a x - e x ) .- F & A 3 .8 5 4 %9 ’ 2 7 -’41 ( t a x -e x )-----J& J 3 44s D e c 1 9 2 7 -1 9 3 2 ---J & D 9 7% 3.80 L o w e l l 4 M s ’ 2 7 -’ 29 ta x -e x M & N 3.85 444s 1930-34 (ta x -e x ) -M & N 444s 1937 ( t a x - e x ) ------- F & A 104 99 % L y n n — 4s J u ly 1 92 7 ______J& J 9 7% 4s M a y 1 93 5 -3 9 _______ M & N 97 4s M a y 1 94 0 -5 1 _______ M & N 96% 3 44s A p ril 1 1 9 3 2 ______A & O M a ld en 4s ’2 7 -’44 (ta x -e x ) F & A b 3 .7 5 t o 3 .8 5 M e d fo r d 4s F e b 1 9 3 0 -------F & A 98M 13.80 5s A p r 1 1 927-28 ta x -e x e m p t M ilt o n 3 44s 1927 t o 1 9 3 2 .F & A 9 7M 3 .9 0 N e ed h a m 444s 1 9 2 7 -4 3 --A & O N ew B e d fo r d — 4s S ew er 1927-41 (t a x e x e m p t )______________M & N b 3 .7 5 t o 3 .9 0 % 4s 1 92 7 -’ 35 (t a x - e x ) .- M & S b 3 .7 5 t o 3 .9 0 % N e w b u r y p o r t— I 344s W a te r ’27 t o ’ 3 4 — J & D , 97 N e w to n 4s 1 93 5 __________ F & A 98 N o rth A n d o v e r — ! 5s 1 927-’34 (t a x -e x )-----J & J 5 3 75 t o 3 .8 5 P itts fie ld 4 44s 1927-30 (ta x -e x ) I 10044 Q u in cy 344s ’ 27 t o '3 9 — A & O b 3 -75 t o 3 .8 5 T a x e x e m p t _________________ S alem 4s Jan 1 ’ 3 2 -'5 4 ta x -e x _ 100 M 9 4M 8 p rin g fie ld 344s 1 93 5 -------J& J 3s S ew er 1 930__________ J & D 96 3 80 4s 1 9 3 5 -’44 (t a x -e x )___ F & A T a u n t o n — 4s 1 92 7 _______ J & D 99% 3 44s Sew er D e c 1 '3 0 - -J & D 9 7% W ak efield 4s 1 9 2 7 -3 3 .- - A & O 98M W arren W a t D is t ’ 2 8 -’ 5 3 -F & A W a te r to w n — 4s 192 7 - 3 4 --J & J 344s 1928 t o 1 929 ______J& J 98 M 99 W in ch es ter 4s 1938-1943 A & O §2 STATE AND MUNICIPAL BONDS To Ask. Net. Bonds. H a rrison — 4s 1 93 0 ------------ J& J H o b o k e n — 4 M s 1 940_____ J&J 3 M s 1 93 1 ______________M & N 6s S ch ool 1 9 2 8 - 1 9 5 4 .. .J& J H u d son C o — 414s 1 948__A & O 4 M s M a y 1 1 950______M & N 4s g P a rk 1959 & ’ 5 4 - -M & N 4s g o ld refu n d in g 1 9 3 5 .F & A 4 M s J u ly 15 2 7 -’ 3 4 ._ J & J 1 5 414s J u ly 15 • 3 5 - 7 4 .-J & J 1 5 Irv in g to n 5s S ch o o l ’ 6 3 . -J & D Jersey C it y — 514s S ch o o l 1 9 4 2 -1 9 5 3 .A & 0 514s D e c 1 1 9 3 1 -1 9 3 3 ..J & D 4 M s S ch o o l 1 92 7 -5 8 — J& D 414s R e fu n d in g 1928___ J& J 414 s S ch o o l 1 945_______ J& J 414s W a te r 1 961_______ A & O 414s P a rk M a r 1 961___ M & S 414s 192 7 -3 0 ----------------- J & D 414s 1 931-1963------------- J & D 4s W a te r 1 932__________ A & O 4s R e fu n d in g 1949____ F & A K ea n s b u rg 5 14s________________ K e a rn y 414s 1 936_________F & A 414 s A p r il 1 96 2 ________ A & O 434s W a te r 1 9 3 1 -1 9 6 2 .M & N 4 M s S ch I m p t ’2 7 -'5 2 .J & D L o d i— 5s 192 8 -1 94 7 -----------J&J L o n g B r a n c h 5s 1 943 ____ M & N 4s Ju n e 1 1 93 5 __________ J & D L y n d h u r st 5s 1 9 2 7 -1 9 5 7 .-J & J M ercer C o — 414s 1 93 3 — J& J 3s R o a d 1 93 3 ----------------- J & D 314s A p r il 1 941_________A & O 6s R o a d & B d g e ’2 8 -’ 3 4 .F & A M id d le s e x C o 434s '2 8 -’34.J& J 6s R o a d 1927 -1 93 1 ____ J & D 434s F u n d J u ly 1 9 2 7 -1 9 3 9 .. 434s R o a d 1 9 2 8 -4 4 .. . F & A 2 414 s I m p t 1 92 7 -3 2 ____ A & O 334s B rid g e ’ 28 t o ’ 3 1 .- J & J M o n m o u th C o — 434s 1 92 7 -1 95 4 ____ M & S 15 4 Mr R d & B d g ’2 9 -5 1 F & A 1 5 M o n tc la ir 434s S ch 1 941-A & O 414s H ig h S ch B ld g ’4 4 . J & D 334 s S ch o o l 1 93 2 _______ J& J M orris C o — 4s ’ 35 o p t ’ 0 5 - J& J 434s 1942 o p t 1 922 ____ J&J M o r risto w n 434s ’ 2 7 -'4 2 -_ J & D N ew a rk — 434s 1 94 4 ---------F & A 534s O c t 15 ’ 27 t o ’ 59 A & 0 1 5 5s 192 7 -1 95 8 ____________ J& J 414s D o c k 1 95 9 _______ F & A 414s A p r 15 ’ 2 7 -’ 6 1 .A & 0 1 5 4 M s S ch o o l D e c 1 ’4 5 . -J & D 4s S ch H o u s e 1959 o p t 1949 4s P as V al S ew ’ 61 o p ’ 51 J& D 334s 1 929_______________ J& D 334s T r a c k E le v 1 9 5 4 .F & A V allsbu rg 434s 1 934— J& J N ew B ru n sw ick — 41*8 A u g 1 1 9 2 7 -5 7 — .F & A N o rth B ergen 5s 1941— J & D 6s S ch o o l 192 7 -2 9 ____ M & S 6s S ch o o l 193 0 -5 8 ____ M & S N o rth P la in field 5s 2 7 -5 4 .A & O N u tle y 5s 1 933____________ J& D O cean C it y — 5s 1 944 -------F & A O ran ge— 5s 1928 t o 1 9 3 2 .J & J 5s W a te r 1 9 3 8 ................F & A 434s S ch o o l 1 943_______ J& D 4 M s Sew er 1 92 8 -1 96 4 -A & O 4s S ch o o l H ou se 1 9 3 4 .-J & D P assaic 434s 192 7 -4 0 -------M &S 534s G en I m p ’2 7 -’2 8 . . J & D 534s G e n I m p ’ 2 9 -’ 4 4 . -J & D 534s G e n I m p ’4 5 -’ 5 1 _ .J & D 5s I m p 1 92 7 -1 94 8 ____ M & N 434s R e fu n d in g 1 9 4 4 ..M & N P a ssa ic C o 434s ’ 2 7 -’ 2 8 . .J & J 434s 1 9 2 9 -1 9 3 0 __________ J& J 434s 1 93 1 -1 93 6 __________ J& J 434s 1 93 7 -1 94 6 __________ J& J P a terson — 534s 192 7 -1 93 4 ............. M & N 534s 1 93 5 -1 95 9 -----------M & N 434s 1933 t o 1 944_____M & N 434s F e b 1 1 945_______ F & A 4s N C H a ll 1927 to ’3 2 . J& J P erth A m b o y 434s A p r 1 9 4 4 .. 434s W a te r 1 9 2 7 -2 9 ..M & S 2 434s W a te r 1 9 3 0 -3 4 .-M & S 2 434s W a te r 1 9 3 5 - 6 4 ..M & S 2 434s S c h o o l 1 93 8 ____________ 434s F u n d in g 1927 ___ A & O P lain field— 4s 1927 t o ’3 4 .J & D 4s S ch o o l 1 9 5 9 .............. M & N 434s 1927-1962 v a r io u s --------R am sey 5s W a te r 1 9 2 7 -1 9 4 0 .R ed B a n k (B o r o u g h )— 434s 192 7 -1 95 3 _______ M & N R id g efield 5s J u ly ’ 2 7 -’3 1 -J & J R iv ers id e 5s 1 9 2 7 -1 9 3 3 ..A & O Sea Isle C it y 5s 1 943-------F & A Sou O ran ge— !s '27 t o '4 4 .J & J S u m m it 4 34s S ch 1 941___ F & A 4s 1 9 3 3 _____________ _ _ .M & N T re n to n 534s 1 9 2 7 -1 9 5 1 -A & O 434s W a te r 1 943-----------A & O 434s S ch o o l 193 0 -6 0 — M & S 4s C it y H a ll 1 939______J& D 3 34s Sch N o v 1 1 9 2 9 . . M & N O n ion C o 4 34s 1 93 7 ---------M & S 434s 1942......................... . M & S 434s R o a o & B d g e ' 2 8 47 F& A 434s P ark 1 927-’ 3 5 . .J & D 1 5 434s P a rk 1 936-’3 7 . .J & D 1 5 4s O c t 1 1 94 2 ___________ A & O V allsbu rg— aee N ew a rk . W eeh a w k en 434s ’ 2 7 -’2 8 .J & D W estf'elc'— 5s J u n e 15 1 927-’ 6 0 — J& D W est N e w Y o r k 5s 1 9 3 6 . .M & S W ild w o o d 434s 1928 5 7 .F & A 4.25 4.25 4 .2 5 4.2 4 .1 5 4.15 4.15 4 .1 5 4.15 4.15 4.30 b b b b b b b b b b 4 .0 5 4 .1 0 4 .3 0 4 .0 5 4 .0 5 4 .0 5 4% 4% 4% 4% to to to to to to to to to to 4 .2 0 4 .2 5 4 .2 5 4 .1 5 4 .1 5 4 .1 5 4 .1 0 4 .1 0 4 .2 0 4 .1 5 4 .1 5 4 15 4 25 4 .2 5 4.25 4.10 410 4 10 % % % % % % % % % % 4 25 4.50 4.65 4.65 4.65 4.65 4 40 415 4.15 4 15 4 15 4.15 4.15 415 4.15 4.15 4 .1 5 4.15 4 .1 5 4 .1 5 4 .1 5 4.15 420 4.20 415 4.15 4 .1 5 4.40 4.40 4.40 4.40 4.40 4.40 4 25 4.25 4.25 4 .5 0 4.35 4.50 4.70 4% 4 .3 0 4 0 4.30 4.10 4.10 410 4.10 4.10 4.10 4.10 4.10 4.1C 4 .1 0 4 .1 0 4.50 4.50 4.50 450 4 .5 0 4 .5 0 4 .3 0 t o 4 .2 5 % ............. 4 .4 0 _______ ;4.55 d Now part of N ew Y o rk C ity . Ask. NEW Y O B K . 20 4.20 4 20 4.10 4.10 4.10 4.10 4 10 CIO 4 .1 0 4.10 4.75 4.50 4.50 4 .5 0 4 .5 0 4.60 4.60 4 .6 0 4.60 4 .1 0 4 .1 0 4 .1 0 4.10 4 .1 0 4 .1 0 4 .1 0 4 .1 0 4.10 4.10 N E W M E X IC O 434s R e r 1953 o p t 1933 J&J A L£.M s D e c 1C 16 10*0 1952 co.tp.4t ’ 22 .J & D 4s F un d 1939 o p t 1 9 1 9 . M&S 4s H ig h w a y 192 7 - 1 9 4 4 .- .J & J b 4 % A lb u q u e rq u e 434 s 1929 M&S J& D 6s W W D e c 1 9 6 2 . . . B ernalillo C o u n t y — 5s 1931 o p t 1 92 1 ------S o co rro C o 5s ’ 41 o p ’ 2 1 - - A & O 6 Basis, Bonds. To Net 5s M a r 1 1 92 7 -1 97 1 ______M & S b 4 % 5s Jan 1 1 92 8 -1 97 1 _________J& J b 4 % 111 4 M s H ig h w a y 1963______M & S 111 4 M s C an al 1 9 6 4 . . . ............J & J 4 M s C an al 1 965___________ J& J 107 4 M s H ig h w a y 1 965______M &S 107 4 M s B a r g e C an al 1 94 5 ___ J& J 104 4 M s B o n u s 1 9 2 7 - 1 9 3 0 .. .A & O b 3 .9 0 434s B o n u s 1 9 3 1 -1 9 3 9 ... A & O b 3 .9 0 434s B o n u s 1 9 4 0 - 1 9 4 9 ...A & O b 3.90 101 4s C an al T e r m 1 94 2 ______J&J 4s C a n a l T e r m Jan 1 9 4 6 . .J & J 101 4s g H ig h Im p M a r ’ 5 8 ..M & S 102M 4s g H ig h I m p S ept ’ 5 8 . - M & S 102 M 4s H ig h Im p M a r 1 9 6 0 ___ M &S 102M 4s C a n a l I m p J u ly 1 960__J& J 102 M 4s C a n a l I m p J an 1 96 1 ___ J& J 102M 4s C a n a l I m p J u ly 1 § 6 1 --J & J 102M 4s H igh w I m p M a r ’ 61 ..M & S 102M 4s P a lisa d e P a rk 1 961___ M & S 102M 4s C a n a l Jan 1 96 2 _________J & J 102M 4s H ig h w I m p M a r ’ 6 2 . .M & S 102M 4s C an al I m p Jan 1 96 7 ___ J& J 102M 4s H ig h w I m p M a r ’ 6 7 . -M & S 102M 4s P a lisa d es P a rk 1 9 6 7 .-M & S 102M 4s B ld g c o n str ’ 2 7 -’3 0 ___ M & S b 3.90 4s B ld g c o n str ’ 3 1 -’3 9 ___ M & S b 3 .9 0 4s B ld g c o n str ’ 4 0 -’4 9 ___ M & S b 3 .9 0 4s G r a d e C ro ss & c ’2 7 -2 8 .M & S b 3 .8 0 4s G r a d e C ro ss & c ’2 9 -3 3 .M & S b 3 .8 0 4s G r a d e C ro ss & c ’3 4 -3 6 .M & S 3s g Jan 1 1 95 6 ____________ J& J 3s g J u ly 1 1 958___________ J& J 3s g C a n a l Jan 1 1 95 9 ____ J& J A lb a n y — 4 M s ’2 7 -’2 8 ____ J & D 4 M s W a te r 1 9 2 7 - 3 4 ..M & N b 3 .6 0 434s O c t 1 963 __________A & O 434 s W a te r 1 932______M & N 434s 1 92 7 -1 95 4 ________ J & D b 3 .6 0 4s M u n ic & S ch ’2 8 -’6 3 . J& J b 3 60 4s P a rk 1927 t o ’ 3 0 - . . M & N b 3 .6 0 334 s P u b I m p ’2 8 -’3 4 . .F & A 6 3 .6 0 A lb a n y C o 434s 1 9 3 6 -3 8 .M & N A lle g a n y C o 4 M s ’3 2 -’ 3 6 .M & S A m h e rst— 434s 1 9 2 7 -2 9 ..M & S b 4 % 434s 1 93 0 -1 95 5 ________ M &S 6 4 .1 0 A m s te rd a m 5s W a t 1 9 2 7 -3 7 . . b 3 .8 0 A u b u rn 434s D e c 6 ’2 7 -’31J& D b 3 .7 0 4 ?4 s 1 9 2 7 -1 9 3 4 _________J&J b 3 .7 5 B in g h a m to n 4s ’28 & ’ 2 9 .F & A b 3 .7 0 4s Sew D is p ’2 8 -’3 6 ___ F & A b 3 .7 0 434s 192 7 -1 95 6 ______________ b 3 .7 5 434s 192 7 -1 97 1 __________ v a r. b 3 .7 5 434 s P a rk 1 92 7 -’3 7 ____ J& J b 3 .7 5 334s B rid g e 1 93 5 ______F & A B r o o k ly n — d— 334s g 1928 t o 1 93 7 ____ J& J b 3 .7 0 334s g o ld 1 936__________ J&J B r o o m e C o 5s ’2 7 -’ 3 3 ___ M &S 5 3 .8 0 B u ffa lo 434s 1 94 4 ______J & D 1 434s Ju n e 15 1 9 6 4 .. .J & D 1 5 434s 1 92 7 -1 96 8 ________ J & D b 3 .6 0 434s F e b 15 ’ 62 o p ’ 3 2 .F & A 4s Ju n e 15 1 92 7 -’3 0 - . . J & D 6*3.60" 4s J u n e 15 1 96 0 _______ J & D 334s W a te r 1 9 2 7 - 3 5 ...M & S b 3 .6 0 C o h o e s 6s R e f W a t ’ 2 7 -’45 J& J b 4 .1 0 C o rn in g 534s 1 927-’ 6 0 . ..M & S b 4 .0 b C o r tla n d C o 434s ’2 7 -’ 5 1 .J & J b 3 .8 0 D e la w a re C o 4 .2 0 s ’2 7 -’ 52 A & O b 3 .8 0 E lm ira — 4s 1 935__________ M & S 434s W a te r 1 927-’4 5 . . A & 0 b 3 .8 0 434s A p r 1 1 93 3 -1 93 5 _______ E rie C o 434s ’2 7 -’36 ta x -e x J& J 5 3 60 4s 1 94 5 -1 95 3 ______ M&S F ra n k lin C o 434s ’ 3 1 -’ 4 0 .M & S 5 4 .1 0 F re e p o rt 4 .2 0 S er’3 1 -4 5 M & N 4 .2 0 sew er 1 9 4 6 -1 9 6 0 .M & N F u lto n — 3 .4 0 s ’27 t o ’2 9 .J & D b 3 .8 5 G a rd e n C it y 434s 1 9 2 7 -5 2 .J & J b 3 .8 5 G len s F a lls— 434 s r e f sew er A u g 31 1 92 7 -1 92 8 ______F & A b 3 85 G r o to n 6s W a t ’2 7 -’ 5 0 ..M & N b 4 .2 0 H a v e rs tra w 4.1 2 s ’2 7 -'3 7 M & S b 3 .9 5 H e m p ste a d U n F S D N o 1— 534s 1927 -1 92 9 __________ J& J b 3 .9 5 6s 1927-1930 ___________ M&S b 3 .9 5 6s 1931-1954 ___________ M&S b 4 .2 0 H e rk im e r— 434s 1 9 2 7 ___ M & N H udson— 434s H ig h S ch ’ 2 7 -’ 3 2 . A & 0 b 3 .8 5 Ir o n d e q u o it 5s ’ 2 9 -’ 5 3 ___ J&J b 4 .2 5 Ir v in g to n 4 .1 0 s ’ 2 7 -’ 3 6 . .A & C b 3 .8 5 Ith a c a 4 .3 0 s ’27 o p v a r ___ J&J 434s R e f W a te r 1 942___ J&J J a m e s t’n 4s M a r 20 ’4 3 - -A & O J am e s to w n S D 5s 192 7 -’2 9 ___ b 3 .8 5 5s 1 93 0 -1 93 9 ___________ J& D b 4 .1 0 J o h n s to w n 434s D e c 192 7 -’3 7 . b 3 .8 0 ((K ings C o 4s M a y 1 ’2 7 -’4 4 ___ b 3 .8 0 K in g s to n 3 34s g ’2 7 -’ 3 6 . . A & 0 b 3 .8 0 L o c k p o r t 4 M s 192 7 -1 94 4 _____ b 3 .8 5 b 3 .8 5 4 M s S ch 1 9 2 7 -1 9 4 4 . M aidis d is o n C o 4 M s ’ 2 8 -’29 F e b 1 b 3 .8 5 M a m a r o n e c k (T )4 M s ’30-64J& J b 4 .0 5 M a m a r o n e c k U n P S D N o 1— 5 M s M a y 1 ’ 2 7 -’2 8 — .M & N b 3 .9 5 5 M s M a y 1 ’ 2 9 -’ 5 2 ____ M & N b 4 .1 5 M Id d le p o r t 4 .3 5 s ’2 7 -’4 2 .J & D b 4 .0 5 4 .3 5 s Sew er ’2 7 -’ 3 9 ____ J& D b 4 .0 5 M id d le to w n 3 M s 1 9 3 1 .— F & A M o n r o e C o 4s 1 9 3 1 -4 4 ___ F & A M t V e rn o n 4 M s ’3 1 -’ 4 3 . . A & 0 b 4 % 5 M s 1 92 7 -1 93 4 ________ A & O b 3 .9 0 5 M s 1 93 5 -1 94 1 ________ A & O 4 M s W a te r 1 942_______ J& J 4 M s 1 92 7 -1 94 3 _____________ b 3 .7 5 4 M s S c h o o l 1 9 6 2 - 7 3 .-M & N 4s S ew erage 1 9 5 0 -5 5 . .M & N 5s Jan 2 J 92 8 __________ J& J2 b 3 .8 5 5s J an 2 1 93 8 __________ J& J2 N a ssau C o — 4 M s ’ 2 7 -’2 9 .J & J b ".3.70 5s A u g 1 1928 __________ F & A 5s 1 93 1 -1 93 9 ......... M &N b 4% 4 M s R e f 192 7 -1 92 8 ___ M & S b 3 .7 0 4 M s 1 93 8 -1 94 3 ________ J & D 4 M s 1 927-1946_________M & S b 3 -70 4 M s 193 5 -1 94 6 __________ J& J 4 M s 1 9 2 8 -1 9 3 7 __________ J& J b "3.80 3 Mis C o u r t H o u s e ’ 3 0 .M & S N e w b u rg h 4 M s ’2 8 -’3 4 - . F & A b 3 .SO 4 M s W a t I m p 192 7 -4 1 -J & J b 3 .8 0 4s W a t I m p 194 2 -6 3 ___ J& J /F i a t price, n N om inal. 3 .9 0 % 3 .9 0 % 113M 113M 109 109 105M 3 .8 0 % 3 .8 0 % 102M 102 M 104 104 104 104 1C4 104 104 104 104 104 104 104 104 ___ 3 .8 0 3 .8 0 to 3 .9 0 % t o 3 .9 0 % . . 3 .8 0 3 .7 0 t o 3 .9 5 7o 4 3 .9 5 t o 3 .9 5 % t o 3 .9 0 % to 3 8 t o 3 .9 0 % 3 .9 5 4.10 t o 4 .1 0 % t o 4 .2 5 % t o 4 .1 5 % to 4 .0 5 % to 4 .1 5 % to 3 8 % to 3 95 % to 4 % to 4% to 4 % 3 .9 5 to 4 .0 5 % 4 .0 5 t o 4". 16 % 4 4 to 4 % 3 .9 5 to 3 .9 0 % 3 .9 0 to 3 .9 0 % to 4.'10 % t o 4.S 0 % to 4.10 % t o 4 .1 0 % 4 t o 4.C5 % 1.05 t o "?'.95 % 3 .9 0 to 4". 15 % 4.10 4.10 t o 4 .0 5 to 4 .1 5 % to 3 .9 5 to 4 .5 to 4 .20 t o 4.15 t o 4 .2 0 t o 4.S 0 3.95 to 4 .1 5 % to 4 .3 0 % to 4 .1 5 % 3 .8 0 1.10 4 to 4 .0 5 % t o 4 .1 5 % t o 4 .1 5 % to 4 .0 5 % to 4 ,0 5 % to 4 .1 5 % to 4 .1 5 % to 4 -05 % to 4 .1 5 % to to to to to to to to to to to to 4 .0 5 4 25 % 4 .3 5 % 4 .3 5 % 4 .0 5 3 .9 0 4 .0 5 % 4 .1 5 % 4 .2 0 4 .0 5 4 .0 5 % 4 .0 5 4 3 .9 5 % 4 .1 5 3 .9 0 % 385 4 .0 5 % 3 .8 0 % 4 4( to 4% 3 .9 0 t o 4 .1 0 t o 4 .1 0 4 .0 5 [ V o l . 124. Bonds. Bid. N e w R o c h e lle 5s 1 9 2 7 -2 9 .M & N b 3 .8 0 5s 1 93 0 -1 95 0 ___________ M & N b 4 .0 5 4 M s M u n I m p ’2 7 -’3 5 .M & N b 3 .7 5 4s 1 9 2 7 - 1 9 3 0 .. .............. M & N b 3 .7 0 3 M s 1927 t o 1 933______J & D b 3 .7 5 N e w Y o r k C it y — 4 M s J u n e 1 965________ J & D 106M 4 M s Ju n e 1 92 7 -3 0 ____ J & D b 4 .1 0 4 M s 1 963_______________ M & S 109 M 4 M s (o ld ) M a y 1 9 5 7 .-M & N 1 06M 4 M s (n e w ) N o v 1 9 5 7 -M & N 106M 4 M s C o r p s to c k 1 9 6 7 ..J & J 106M 4 M s C o r p s to c k ’ 2 7 -’3 2 .J & J b 4 .1 0 4 M s C o r p stk 1 9 7 1 --J & D 1 5 106M 4 M s S ch & V ar ’2 7 -’3 9 -J & D b 4 .1 5 4 M s 1960 o p t 1 93 0 ____ M & S 100M 4 M s 1 960______________M & S 102 M 4 M s M a r 1 1 9 6 2 ............M & S 102M 4 M s M a r 1 1 964_______ M & S 1 02M 4 M s A p ril 1 9 6 5 . ...........A & O 1 0 2 M 4 M s A p ril 1 1 96 6 ______A & O 102M 4 M s A p r 15 1 97 2 ___ A & 0 1 5 102M 4 M s R a p T r & W a t 7 4 J & D 102 M 4 M s F e b 15 1 9 2 7 -’ 66 F & A 1 5 b 4 .1 5 4 M s F e b 15 1 9 7 6 ..F & A 1 5 102M 4s V ario u s 1 93 6 ________ M & N 98 M 4s N o v 1 95 5 ____________ M & N 9 8 M 4s V ario u s 1 95 6 ________ M & N 98 M 4s V ario u s M a y 1 9 5 7 .M & N 99 4s N o v 1 95 8 ____________ M & N 99 4s M a y 1 95 9 ____________ M & N 99 3 M s D o c k 1927 e x . . . M & N 6 4 .5 0 3 M s g e x e m p t 1 9 4 1 .-M & N b 4 .1 5 3 M s e x e m p t 1 94 2 ____ M & N b 4 .1 5 3 M s R T 1 94 8 -1 95 0 . . M & N b 4 .1 5 3 M s g e x e m p t 1 9 5 2 ..M & N 89 M 3 M s g exem pt 1 9 5 3 ..M & N 8 9M 3 M s g e x e m p t 1 9 5 4 ..M & N 90 3 M s g W a t e r ex ’ 5 4 . - M & N 90 3 M s e x e m p t 1 955____ M & N 3 M s s to c k A p r 1 1 9 5 4 . A & O 90 3 M s N o v 1 1 92 9 ______M & N 6 4 .5 0 3s g R T 1950 e x e m p t .M & N N ia g F a lls — 5 M s ’ 4 1 - 4 8 M & N 4 .1 0 % Sew er 1 9 3 5 -5 0 ..J & J 4 M s W a t M a y l ’4 1 -’48 M & N 4 M s R e p a v ’2 9 -’33 re g M & N b 4 .0 5 4 M s S ew ’ 3 9 -’46 r e g ..M & N 3 M s 1 94 2 -1 94 5 ________ M & N N o r t h T a r r y to w n (6) 4 M s W a t e r 1 92 7 -4 5 — A & O b 3 .9 0 4 M s W a t e r 1 9 4 6 - 6 4 .- -A & O O n eid a — 4s W a te r ’4 0 -’4 5 -J & J 4 K s W a t e r 1 9 3 0 -3 9 ____ J&J b 4 % O n eid a C o 3 M s 1 9 2 8 ____ F& A b 3 .7 0 O n o n d a g a C o 3s ’2 7 -’ 2 9 ..J & J b 3 .6 0 5 M s 1 92 7 -1 93 0 ________ M & N b 3 .6 5 4s M a r c h 1 1 92 9 _______M&S O ssin in g 4 M s 1 9 2 7 - 4 2 . ..M & S b 3 .8 5 O sw e g o — 4 M s 1 9 2 7 -2 9 . .M & N b 3 .8 5 5 M s S c h o o l 1 9 2 7 -4 6 ..M & N b 4 % P e n n Y a n 4 .3 5 s ’27 to ’3 1 - O c t b 3 .9 5 P o u g h k e e p sie — 3 M s 1927 t o 1 93 0 ____ M & S b 3 .7 5 4 M s W a t e r 1 9 2 7 - 5 2 . . . J & D b 3 .8 0 P o r t o f N Y A u t h o r it y — N Y N J B d g e 4 M s ’3 2 -’3 9 .M & S 1 00 M 4 M s 1940-1946 ________ M&8 1 0 1 M P u tn a m C o 4 M s ’2 7 -’ 2 9 .F & A b 3 .8 5 Q u eens C o u n t y 4s 1 9 2 7 . .J & D R o c h e s te r 5s ’ 27 3 1 (c o u p )F & A b 3 .7 5 5s 1932-1951 (c o u p o n ).F & A b 4 -05 4 M s Jan 15 1 933_______ J&J 4 M s M u n ic ip a l 1 9 4 5 ..M & S 4 M s P u b I m p ’ 2 7 -’4 8 . .F & A b 3 .6 0 4 M s S ch o o l 1 928-45___ J&J b 3 .6 0 4 M s 1 92 8 -1 93 6 .................. J&J 6 3 .6 0 4s I m p Sch & c ’2 8 -’4 7 - .J & J b 3 .6 0 3 M s R e f 1933 o p t 1 9 1 3 . J&J R o c k la n d C o — 4s *27-’ 3 4 -M & S b 3 .7 5 4 M s ’ 2 7 -’38 ( r e g )___ F & A 15 b 3 .8 5 R o m e — 4 M s S e p t 15 1 9 3 1 .J&J 5 M s 193 1 -1 94 1 _________A & O R y e ( V ) 5 s M a r 10 ’ 2 7 -’38 M&S b 3 .8 5 S aran ac L a k e 4 .4 5 s '2 8 -’39F & A b 4 % S aratoga C o 5s 192 7 -1 94 1 ___ b 4 % S aratoga S prings— 4 M s P a rk 192 7 -4 0 ____ A & O 6 3 .8 0 S ca rsd a le 4 M s 1 927-’4 5 . . J & D b 3 .8 0 S ch e n e c ta d y 5s 1 927-’ 3 3 . .J & J b 3 .7 5 4 M s 1 92 7 -1 93 1 ................ A & O 6 3 .7 5 4 M s 1 92 7 -1 93 4 __________ J& J 6 3 .7 5 4s O c t 15 1 927-’4 4 ___ A & O IS b 3 .7 0 S ch e n e c C o 4 M s ’4 2 -’ 5 8 . .J & J S o lv a y 4 M s 1 9 2 7 -4 0 ____ F & A b 4 % S om ers (T ) 4 M s ’ 2 7 -’ 5 3 .M & N b 4 % S teu ben C o 4 M s ’2 8 -’ 3 7 . .F & A 6 3 .9 0 S u ffo lk C o 4 M s 1 927-’3 2 ._ J & J 5 3 .7 0 4 M s O c t 1 92 7 -1 93 9 ___ A & O b 3 .7 0 S u lliv an C o — 4 M s '2 7 -'2 9 A & O b 3 .9 0 4 M s H ig h w a y 1 9 3 0 -4 5 . A & O S yra cu se 4 M s 1 92 7 -’35 V ariou s b 3 .7 0 5s M a y 15 1 92 7 -1 93 8 _______ b 3 .7 5 5 M s 1 9 2 7 -1 9 6 0 ________ M & S b 3 .7 5 4 M s J u n e 15 ’ 2 7 -3 4 .J & D 1 5 b 3 .7 0 4 M s 1 92 7 -1 94 4 ________ M & N b 3 .7 0 4s Ju n e 15 1 9 2 7 - 4 4 ..J & D 1 5 b 3 .7 0 4s R e fu n d in g 1 929____ J& D 4s 1 9 2 7 -1 9 3 0 ___________ F & A b 3 .7 0 4s 1 9 3 1 -1 9 4 6 ___________ F & A 3 M s W ater 1 928_______ J& J T io g a C o 5s 1 9 2 7 - 1 9 3 0 ..-M & S b 3 .9 0 Tonaw anda (C it y o f) 4 M s 1 9 2 8 -1 9 4 2 _______________ J& J b 4 % 4 M s S ew er 1 9 2 7 -1 9 5 3 ..J& J b 4 % 5s W a te r 1 92 7 -1 95 0 ____ J& J 6 4 % 5 M s W a te r 1 9 2 7 -1 9 5 0 .-J & J b 4 .0 5 5 M s S tr e e t im p t 1 9 3 1 ..J & J T r o y 6s 192 7 -1 94 0 r e g ..A & O b 4 % 4 M s S c h o o l 1 9 2 7 - 3 1 . .-F & A b 3 .8 0 4 M s F e b 1 5 1927-1957 b 3 .8 5 4 M s 1 92 7 -1 96 5 __________ J& J 6 3 .8 0 3 M s W a te r 192 7 -3 6 ____ J& J b 3 .7 5 U tic a — 4 M s 192 7 -3 5 ____ M & N 6 3 .7 5 4 M s P u b I m p ’2 7 -’4 2 __A & O b 3 .7 5 4 M s P u b I m p ’ 2 7 -4 5 .J & J 1 5 b 3 .7 5 4 .1 0 s 1 92 7 -1 93 1 _______ A & O b 3 .7 5 4 .1 0 s 1 93 2 -1 94 6 _______ A & O 3 M s N o v 1 1 9 2 7 -'3 5 ___ N o v b 3 .7 0 W a r sa w U n io n F r S D N o 10— 4 M s 1 92 7 -1 94 2 __________ O ct b 4 % W a te rto w n 4 M s 1 942____ J& J 4 M s 1 92 7 -1 95 3 __________ J& J b 3 .8 0 5s 1 92 7 -1 94 5 ____________ J& J b 3 .8 5 4s M a y 1 938___________ M & N 3 M s Sew er 1927 ...........M & N To Ask. Net. to to to to to 4% 4 .1 5 4% 3 .9 5 4% 4 .0 5 % 107 M 4 .0 5 % 4 .0 5 % 103 103 103 103 1 01M 1 03 M 4 .0 5 % 1 03 M 3 .9 5 % 4 05% 4 05% 4 .0 5 % 91 91 90 M 3 .9 5 % 4 .1 5 4 4 .1 0 to 4 .1 5 ,% 4 .1 5 4 to 4 .1 5 % _______ ;4 -15 _______ I 4 to 4 .0 5 % to 3 .8 0 % to 3 .7 5 % to 4 % j _______ !3 85 to 4 .1 5 % to4 A 0 % to 4 .1 5 % to 4 .2 0 % to 4 % ! to 4 . 1 0 ^ 101M - - 102M - - to 4 .0 5 7, _______ 13-75 to 4 .0 5 % to 4 .1 0 % 3 .9 5 4 to 4 % to 4 % to 4 % to 3 .9 0 % _______ 3 .9 0 to 4 .0 5 % to 4 .1 5 % _______ 14.10 '4 .2 0 t o 4 .2 0 % to 4 30 , t o 4 .1 5 % I t o 4 .1 0 % t o 4 .1 0 % t o 4 .1 0 % to 4 % . to 4 % I to 3 .9 5 % _______ 4 to 4 .3 0 % t o 4 .3 0 % t o 4 .0 5 % t o 3 .9 5 % to 4 % I to 4 .0 5 % _______'4 .1 0 t o 3 .9 5 % to 4 % I t o 4 .1 0 % t o 3 .9 5 % t o 3 .9 5 % t o 3 .9 0 ,% ______>3 85 t o 3 .9 0 % 3 .9 0 3 60 t o 4 .1 5 , % to to to to to to to to to to to to to 4 2 5 '■ 4.301 % 4 .3 0 4 .3 5 % 4 30 4 .3 0 % 4 .0 5 % 4 .1 5 % 4 .1 0 % 4 .0 5 % 4 .0 5 % 4 .0 5 % 4 .0 5 % 4% to 4 C , t o 4 .2 5 % 4 .1 0 t o 4 .1 0 % t o 4 .1 5 % 4 .0 5 3 .7 5 F e b ., Bonds Bid. To Ask. Net. W a te r v lie t 6s 1 9 2 7 -3 0 ____ V ar b 4 % t o 4 .2 5 % W e st S en eca 5s '2 7 -’3 8 ___ A & O 4 .3 0 W e s t c h ’r C o 3 M s ’2 7 & ’ 28 J & D b 3 .7 0 t o 3 .8 0 % 5 M s 1927-32 r e g _______ J & D b 3 .7 5 t o 4 .1 5 % 4 .1 0 5s 1 93 9 -7 6 ______________ J & D 5s June 1 1 9 2 9 -5 4 ____ J & D b 4 % t o 4 .1 0 % 4 4 M s San Sew ’3 3 -’8 2 — J&.T 4 .0 5 4 M s P a rk w a y 1 9 6 2 -8 6 -J & D 4 M s C o B ld g 192 7 -4 4 — A & O b 3 .7 0 to 4 % 4s C o B ld g 1927-59 — _M & S b 3 .7 0 t o 3 .9 5 % 3 .9 5 4s 1930 t o 1 9 3 5 _______ F & A W h ite P lain s— 4s ’2 7 -’ 2 8 _ F & A b 3 .8 0 t o 3 .9 0 % 4 .0 5 4 M s 1935-1959 ( r e g )— M & S 4 .2 0 5 M s Sch 1 9 3 1 -1 9 3 6 — ..A & O 4 3 M s W a te r 1 93 1 _____ A & O W o lc o t t 4 M s J ly 15 ’ 2 7 -’42J& J b 4 % t o 4 .3 0 % Y o n k e rs — 5 M s Jan 1928-1961 — . A & O b 3 .7 5 t o 4.15 % 4 M s J u ly 1 1 9 2 7 -6 2 ___A & O b 3 .7 5 to 4 05 % 4 M s M a r 1 '2 7 - ’5 6 ___ A & O b 3 .7 5 t o 4 .0 5 % 3 .7 5 5s A pril 1 1927_________ A & O 5s 192 7 -1 93 8 ___________ A& O b 3 .8 0 t o 4.10 % N O R T H C A R O L IN A 4 .2 5 5s J u ly 1 96 1 ____________________ t o 4.15 % 4 M s S ch ool 1 9 2 8 -4 6 ______J&J b 4 to 4.15 % 4 M s 1928 1 96 2 ____________ J& J b 4 4 .1 0 4s R e fu n d in g 1 95 0 _________J & J 4 .1 0 4s B u ild in g 1 95 1 ___________ J& J A lb em a rle 6s 1928 3 8 ___ F & A b 4 .5 0 to 4 .9 0 % 4 .4 5 A sh eville 5s R e f 1 9 4 1 ____ J&T 4 .4 5 6s S ch ool 1 943__________ J& J 5 Ms 1 92 7 -1 95 7 __________J& J b 4 .1 5 t o 4.50 % 5 M s S treet 1928 3 6 . — F & A b 4 .1 5 t o 4 55 % 4 M s 1 9 2 7 -1 9 2 9 -.......... M & N b 4 .1 5 t o 4 .3 0 % 4 M s 1 93 0 -1 96 5 — ......- M & N b 4 .3 5 to 4.40 % B u n c o m b e C o 5s ’2 7 -’4 6 — J & D b 4 .2 0 to 4 .5 0 % 4 .4 0 4 M S F u n d in g 1 93 9 ___M & S 6s B rid g e 1 9 2 8 -3 7 ____ A & O b 4 .3 0 to 4 .6 0 ,% _______ 4 .2 0 C h a rlo tte — 5s St& S ew ’ 29 _J& J 5s S ch ool 1928 4 6 _____ F & A b 4 .0 5 to 4 .25j % 5 M s F u n d 1 9 2 8 -2 9 — F & A b 4 .1 0 t o 4 .3 0 % 5 M s 1 92 7 -1 93 0 _______ M & N 6 4 .1 0 t o 4 .3 5 % _______14.35 5 M s 1 93 1 -1 94 8 _______M & N _______ 4 .2 0 4 M s W a te r M a r 1 9 3 5 - .J & J 4 M s W a te r O c t 1 ’ 41 _ _ A & O ----------- _______ 4 .2 0 4 M s W a t & Sew 1942 J & J :_______ _______ 4 .2 0 D u r h a m -4 M s S e w & L t’41 J & J '----------- _______ ;4.40 4 M s F u n d '27 t o 1 9 4 0 — J&J1& 4 .1 5 t o 4 .4 0 :% - W ~ a ter ‘ ------ t o 1945 J&J b 4 .2 ;; to 4 .4 5 % 5s 1928 5s F d & Sewer ’2 7 -’3 9 -F & A b 4 .2 0 to 4 .4 5 % _______ '4 .5 0 G r a n v ille C o 4 M s '3 9 — M & N _______ 4 .3 5 G r een sb oro— 5s W W ’ 30 J& J _______ 4 .4 5 5s A u g 1 1942 W ______F & A 4 M s 1 928-1963________ J& J b- 4 .2.5 to 4.40| % 4 M s l 9 2 8 - ’3 0 ___________F&A!& 4 J 5 to 4.30. % 4 M s 1 931-’ 6 5 ___________F & A 6 4 .3 0 to 4 .4 0 % 4s W a te r W o r k s 1 9 5 4 - J & J _______ _______ ,4.35 G r een v ille 5s W W ’ 5 8 - - F & A ---------- _______ ;4.70 Ired ell C o 5s A u g 1 ’4 2 - F & A 1---------- _______ |4.50 t o0 4 .4 5 % 4 M s 192 9 -1 93 9 ______________ A & O &4 .3 4 .4 5 4 M s 1 94 0 -1 95 0 ________ A & O 4.601 L e e C o 5s R o a d 1 952___ M & N 4 .6 0 L in co ln C o 5s 1943 & ’4 8 -J & J 4 .6 0 6s B rid g e 1 9 3 7 -1 9 5 1 ---F & A M e c k le n b u r g C o — 4 .6 0 6s R e f N o v 1 950______M & N P it t C o 5s 1 9 2 7 -3 6 _______ M & N b 4 .3 0 t o 4 .5 0 % 4.45 4 M s 194 3 -1 94 7 _________M & S 4 .5 ) 6s F u n d June 1 9 5 9 ____ J& J 4.20 R aleigh 5s 1 92 7 ___________ A & O 4 .4 5 5s M u n ic B ld g 1 93 9 ____ J& J 4 .4 5 5s I m p t June 1 1 9 4 4 - . . J & D R u th e rfo rd C o 5s ’ 2 7 -’ 5 2 — J& J b 4 .3 5 t o 4 .5 0 % S alisb u ry 6s I m p t ’2 7 -’3 5 -J & J b 4 .5 0 t o 4 .8 5 % 6s 1 92 7 -1 94 1 ___________ M & N b 4 .5 0 t o 4 .8 5 % 4 .7 5 S u rrey C o 6s M a y 1933-1958 4 .4 5 W ak e C o 5s F u n d 1 94 8 — -J & J b 4 .5 0 t o 5 .2 5 % W eld on 6s Jan 1928 -1942 W ilm in g to n — 4.50 5s R e f & I m p t 1 95 5 — . A & O 4 M s 1 92 7 -1 96 2 ________ A & O b 4 .2 0 t o 4 .4 5 % 4 .4 0 4 M s g W a t & Sew ’4 8 — A & O 4 .4 0 4 M s W a t & Sew 1 9 5 2 --J & J 4 .3 0 4s g R e f J u ly 1 1929____ J& J W ils on — 4 M s 1 92 8 -’5 7 ___ F & A b 4 .3 0 t o 4 .6 5 % W in ston -S a] em — 5s 1 9 2 7 -1 9 3 2 .................. . . J & J b 4 .2 0 t o 4 .3 5 % 4.45 5s 1 9 3 3 - 1 9 3 6 . . . ........... . . J & J 4.45 5s gen Im pt 1 944_______ J& J 5s S ep t 192 7 -1 94 7 — . . M & S b 4 .2 0 t o 4 .4 5 % 4 .4 0 4 M s J u ly 1 1 9 4 2 .............J & J 4 .4 0 4 M s J u ly 1 1 952________ J& J 4 M s 1 92 7 -1 93 2 __________ J& J b 4 .1 5 t o 4 .3 0 % 4.40 4 Ms 1 9 3 3 -1 9 7 3 __________ J& J 6s im p A u g 15 ’2 7 -'3 0 F & A l5 b 4 .2 5 t o 4 .4 5 % N ORTH DAKOTA b 4 .4 0 t o 4 .6 0 b 4 .4 0 t o 4 .7 5 6 4 .4 0 t o 4 .6 0 4.65 4.25 b 4 .2 0 t o 4 .3 5 % |oo ,<N!N 4.20 t o 4 .3 5 % t o 4 .2 5 % 130 1 30 6 "4 15’ to 4.30 % 4.30 1^-0 6 M s 1945 & 1948 ser C . . . J & J 6 M s J u ly 1 92 8 -1 93 3 ______J& J G ra n d F o rk s 5 s . . M a y '2\ O H I O (See footnote *) 4 M s 1 9 2 7 -1 9 3 2 ___________ A & O ♦ A kron 6s 1 92 7 -1 94 0 ____ A & O *5s 3 9 2 8 __________________ V ar ♦5s W a te r 1 92 7 -1 95 3 — A & O *5 M s 1928 1 929_________J& J *5 M s 1 93 0 -1 93 7 ________ J& J *5M s 1 93 8 -1 95 1 _________J& J 4 M b 1 92 7 -1 94 7 _________A & O *4 M s 1 93 6 -1 95 5 _______ A & O «4 M W W D e c 3 1 '2 7 -3 7 .JD 31 *4 M s 1 92 9 -1 94 6 ____________ 4s W ater W ork s 194 2 - -A & O A lliance 4 M s 1 9 2 7 -1 9 3 2 . J & D *5s W a ter D e c 15 1927-1950 A sh la n d — * 5 M s W W I m p ’2 7 -'4 4 A & O B u tler C o — * 4 M s F l-E lm e r ’2 7 -’31 M & N C a m b rid ge— 4 M s ’2 7 -’3 4_ J & J *5s Sew er 1 953________ M & S *5s Sew er 1 93 1 -3 7 ____ M & S C a n to n — *5s Sew 1 9 5 3 .- M & S * 5 M s F un d 192 7 -3 7 — .J & D *6s W a te r 1 944-1959— A & O 4 M s W a te r -W k s ’3 0 — M & S 4s 1 927__________________F & A • C a n ton S D 5s 1954___ A & 0 8 •5s D e c 10 1 927____ J& D 10 * 4 M s D e c 5 193 9 -4 2 — . J & D * 4 .40s 1956_________________ C in c in n a ti— •6s F u n d in g 1 928______F & A * 5 M s I m p M a r 1 94 1 — M & S •5M s Im p F eb '4 6 , ’51 F & A * 5 M s M a r 10 ’3 1 . . . M & S 1 0 •5s J u ly 1 1 965............... . J & J •4M s J u ly 1943............. . J & J *4 M s Sew er 1 95 5 ______A & O 53 STATE A N D MUNICIPAL BONDS 1 9 2 7 .] 4 .3 0 4.25 3.80 b 3 .8 0 t o 4 % b 4 .3 0 t o 4 .5 0 % 4-50 4.25 4.50 4.50 4 .5 0 4.30 b 4 .1 5 to 4.30 % 4.30 380 b 3 .9 0 t o 4 .1 0 % 4.30 4 4.30 4.30 1.10 4.20 4.20 4.20 4.15 4.10 4.10 Bonds C in cin n a ti ( Concluded)— * 4 M s Sew S e p t 3 ’3 7 -M & S 3 3 .6 5 s g F e b 1 93 7 _____ F & A 3 M s W a t e r ’45 o p '2 5 - -F & A 3s W a t e r 1939 o p '1 9 -F & A C in e S D * 4 M s 1 93 4 — A & 0 1 3 4s 1936 o p t 1 90 6 _______ M & S 3 M s 1940 o p t 1 912— A & O C le v e la n d * 5 M s 1 9 4 0 -7 0 -J & D *6s 1 93 2 -1 93 3 __________ J & D * 5 M s P u b H a ll 1 9 7 0 — J & D *5s W W 1 9 3 6 -1 9 6 8 . - -J & D *4 M s G r a d C r o s ’ 3 0 -’ 54 A & O * 4 M s P a v in g 1 9 2 9 -3 4 --J & D * 4 M s S ew er 1 9 3 0 -4 9 — -J & D * 4 M s St I m p F e b 1 ’3 4 .F & A * 4 M s M a r c h 1 9 4 9 ____ M &S * 4 M s F ire D e p ’ 2 7 - '3 0 - A & 0 * 4 M S F ire D e p ’3 1 - ’5 5 - A & 0 4 M s C la rk A v B d g '4 2 - A & O 4 M s P a rk 1 93 8 _________A & O * 4 M s 1 92 7 -1 93 5 _______ M & S *4 M s 1 93 6 -1 95 0 _______ M & S 4s P a rk 1 92 9 -1 93 1 ____ A & O 4s G rad e C r o s s ’g ’3 0 - -A & O C le v e la n d S D * 4 M s 1 9 2 7 -2 8* 4 M s 1929 t o 1 93 5 __________ 4s J u ly 1 1 9 3 2 ____ - _____J& J ♦6s 1 9 2 7 -1 9 2 8 __________ J & D ♦6s 1929 t o 1 93 5 _____ J & D C le v e lan d H e ig h ts S D — ____ *6s 1 92 7 -1 95 9 __________ A & O C o lu m b u s *6s 1 9 4 9 - 5 7 - .M & S ♦5s St I m p t 1927-1932M & S *4 M s 1 92 9 -1 93 5 _______ M &S ♦4 M s 1 93 6 -1 93 8 _______ M &S 4s Sew er '33 o p t ’ 1 3 — M & S 4s W a t W '4 5 o p t '2 0 - -M & S 3 M s 1932 o p t 1 9 1 2 ____ J& J C o lu m b u s S D — “5s 1 94 3 -1 95 2 _______ J& D 1 9 C u y a h o g a C o *6s '2 7 - '3 9 - A & 0 ♦5s B rid g e 1927 A&O *5s R e f 1 92 7 -1 93 2 ____ A & O ♦5s R e f 1 93 2 -1 93 9 ____ A & O 4s 1 9 2 7 -1 9 4 1 ___________ A & O ♦ D a y to n — 5s 1 9 2 7 -3 2 — -M & N ♦6s G en fu n d 1 9 2 8 - - -A & O * 5 M s W W Im p 1 9 4 4 -J & D ♦5s W W I m p 1 94 5 ___ F & A ♦4 M s B d g e 1 92 7 -1 95 1 -M & S * 4 M s W W I m p 1 94 0 — J & D * 4 M s B d g e 1 9 3 3 -3 9 --A & O D a y to n S D 5 M s ’4 1 -’61 M & S *5s M a r 16 ’2 7 -’4 6 — M & S16 E a s t C le v e *5s 1 9 2 7 -2 9 --A & O ♦5s St I m p t 1 9 3 0 - 3 5 - - -A & O E a s t L iv e r p o o l— 4s 1 9 4 0 -J & J E ly ria 4s 1927 t o 1 93 8 — J& D ♦5s W W 1 9 2 9 -1 9 4 6 . - -J & J ♦ F in d lay C it y S D 5s 1 9 2 7 -J& J F o s to r ia *5s W W ’2 7 -’40 M & S F ra n k lin C o *5s ’2 7 -’2 9 -M & S * 5 M s H o s & B g e ’28 ’35 F & A *6s R d M a y 2 ’2 7 ’-3 lM & N 2 H a m ilto n C o * 4 M s 1 9 4 3 -F & A * 4 M s O c t 1 1 939______A & O * 4 M s Sew er 1 92 7 -’2 8 ............. * 4 M s Sew er 1 92 9 -’4 5 _______ 4s C H J u n e ’36 o p ’ 1 6 -J & D Ir o n t o n * 4 M s W W ’3 6 - - J & D L akew ood— * 4 M s 1 9 2 7 - 1 9 3 9 .............A & O * 4 M s O c t 1 94 5 __________ A & O ♦5s P a rk & I m p ’ 2 7 - 4 1 - A & 0 ♦ L aw rence C o 5s 1 9 3 4 ___ M & S L im a — ♦ 5M s Sew er 1 92 7 -1 94 7 ____ *5s S ew er F e b 15 ’2 7 -’5 1 - . ♦4M s O c t ’2 7 -O c t ’3 0 - -A & O 3 M s R e f ’30 o p t ’25 — .A & O L o ra in 5s 1927 t o 1 93 2 ___ J& J *5s W W R e f 1927 ____ M & S ♦6s F d S ep 15 ’2 7 -’2 8 M & S l5 L u c a s C o 4s C -H 1 94 4 ___ M & S 4 M s W & S S e p l0 ’2 7 -3 0 M & S l0 * 4 M s W & S S e p lO ’3 1-35M & S lO * 5 M s W a t S up '2 7 - ’3 0 --M & S M a d is o n v ille (in C in c in n a ti)— 5s 1932 o p t 1 9 2 2 ________ J& J M a r ie tta — * 4 M s ’2 7 - 3 3 - J & D 3 M s 1931 o p t 1 91 1 ____ F & A M a r t in ’s F y *5s ’2 7 -’4 4 — M & S M ia m i C o n s e r v a n c y D is t — 5 M s (1 t o 5 y r m a t ’y )_ _ J & D 5 M s (5 t o 10 y r m a t ’y )_ J & D 5 M s (a fte r 10 y e a r s )___ J & D M id d le to w n 4s '3 0 o p ’ 2 0 -F & A M o n tg o m e ry C o u n ty — ♦5s FI E m e r g ’2 7 -’4 2 — J & D N e w a rk *4 M s 1 9 2 7 -4 1 ___ A & O N o r w o o d 4s 1 93 0 ________ A & O P o r ts m o u th 4 s_____________ J & D ♦6s Sew er 1 9 2 8 -3 6 _______ J & J S prin gfield *5s 1 9 2 7 -1 9 3 4 -4 M s 1927 -1 93 0 ________ M & S 4 M s 1931 -1 93 5 ________ M & S S p r in g f’d S D *5s ’2 7 -’ 3 9_J & J 2 S te u b e n ville *5s 1 9 2 7 -3 5 .M & S S u m m it C o *5s 1 9 2 7 -3 0 --A & O *5s R o a d Im p 1 92 7 ____ A & O *5s R o a d Im p ’2 8 -’35 — A & O ♦4 M s 1927-1937 _____________ T o le d o *5s W W ’ 3 7 -’4 4 -F & A *5s S ept 1 92 7 -1 94 2 ____ M & S ♦6s G e n F u n d 1 9 2 9 - - - F & A ♦6s P u b W h a r f I 9 6 0 — M & S *5s S ew er 1 9 4 9 _______ M & S ♦4 M s S e p t 1 1 928_____M & S ♦4M s W a t 1 93 2 -3 4 _____J& J 4 M s B d g ’2 8 , ’33 & ’3 8 -F & A 4s P a rk J u ly 1 1 942___ J& J 3 M s R e fu n d ’g 1 9 3 0 --M & N T o le d o S ch D is t — 4s 1 92 7 -1 92 9 ________________ * 4 M s 1 9 2 7 -1 9 3 0 _______ A & O ♦4 M s 1 93 1 -1 95 0 _______ A & O *6s 1 92 7 -1 93 0 __________ M & N ♦6s 1 93 1 -1 96 0 __________M & N W a r re n C o 5s 1 9 2 9 -3 4 --M & S Y ou n g stow n — ♦6s F u n d 1 92 8 __________A & O ♦6s B d g e 1 93 2 -4 1 ______ A & O *5s P o lic e B d g & St '2 6 -’32 *4 M s 1 92 7 -1 95 7 _______ A & O Y o u n g s t o w n S ch o o l D is t — *4 M s 1 94 4 -1 94 7 _____ .M & S *5s 1 92 7 -1 94 4 __________M & S Z a n e s ville — *5s C it y H a ll & M a r k e t 1 9 2 7 -3 9 _______ M & S Z a n e s ville S D *5s ’ 2 7 -’ 4 3 A& jO Ask. 2$et. b 4 .2 5 t o 4 .4 0 b 4.15 t o 4 .2 5 b 3 .8 0 t o 4 % b 4 .1 5 to 4.25 b 4 .2 0 t o 4 .2 0 b 4 .1 5 t o 4 .3 0 6 3 .8 0 t o 4 % b 4.15 t o 4 .3 0 b 4 .1 5 t o 4 .3 0 6 4 .2 5 t o 4 .3 0 b 4 .2 5 to 4 .3 0 b 4% t o 4 .5 0 b 4 .1 5 t o 4 .4 0 b 4.15 t o 4 .4 0 b 4 .1 5 t o 4.40 6 4 .1 5 t o 4 .4 0 b 4% to 3.80 b 4 .2 5 t o 4 .5 0 b 4 .1 5 t o 4.20 b 4 .1 5 to 4 .3 0 b 3 .9 0 t o 4 % b b b b b 4 .2 0 t o 4 .2 0 t o 4% to 4 .2 0 to 4.15 t o 4.25 4 .2 5 4 .2 5 4 .3 0 4 .3 0 b 4 .25 t o 4 .3 0 b 4 .2 0 to 4.25 b 4 .1 5 t o 4 .3 0 b 4 .1 5 t o 4 .4 5 b 4 .1 5 t o 4 .5 0 Bid. OKLAHOM A 4 M s O c t 15 1 9 2 7 -3 3 --A & 0 1 5 b 4 % 4s F u n d in g 1 9 2 7 _______ F & A b 4 % C a n a d ia n C o 4s ’2 7 -’3 1 - - F & A G u th rie 6s W W 1 943___ A & O M u s k o g e e 5s S ew 1 9 3 6 - -M & S O k la h o m a C it y — 5s 1937 o p t 1 922-----------F & A 5s W a te r 1 9 3 6 -................M & S 4 M s Sew er 1 936_______ F & A 4 M s W a te r W o r k s 1 9 4 1 .J& J O kla C it y S D 4s 1933 — -J & J 5s 1926, 1930, 1 93 1 ____ V ar O k la C o 4 M s ’ 2 7 -’3 3 ____ J & D b 4 -25 O k m u lg e e 5s M a r 15 1 9 4 3 ____ P a y n e C o 4 M s ‘ 27 t o '2 9 - A & 0 b 4 % T u ls a 5 M s 1 9 2 8 -3 2 _______ F & A 5 M s J u ly 1 94 6 __________ F & A 5 M s W a t & P a rk ’ 3 0 -’49 F & A 5s 1 9 3 3 -1 9 4 7 ___________ F & A b 4 .4 0 OREGON 4 M s H ig h w a y ’2 7 -A p r '4 4 A & O b 4 .1 0 4 M s 1927-1944 ( s -a ) ____ A & O b 4 .1 0 4 M s H ’w a y ’3 0 -’ 35 (s -a ) .A & O 4 M s H ’ w a y ’3 6 -’49 (s -a )_ A & D 4s H ig h w a y 1 9 2 7 -4 2 -------A & O 4s H ig h w a y 1 9 2 7 -4 1 ____ A & O 4s A u g 1 1 92 8 -1 93 3 ______F & A A lb a n y 5s r e f '31 o p t '2 1 - A & 0 A sto ria 5s 1 95 3 ___________ J& D 5 M s 1 92 7 -1 94 9 __________ J& J B a k e r C it y 5s 1 93 4 ______M &S % 4.30 C la ts o p C o u n t y 5s 1 9 3 4 -A & 0 C o lu m b ia C o ,5s ’2 9 -’3 4 - A & 0 % 4 .1 0 E u g e n e 5s 1 9 4 2 __________ M & S 4 .1 5 M u lt n o m a h C o 4 M s '3 2 -J & D b 4 .2 0 3 .8 0 4 M s B rid g e 1 9 3 1 -1 9 4 4 -J & D b 4 .2 0 4 M s 1949 1 956_________F & A 100 3 .8 0 3 .8 0 4s B rid g e 1 9 4 5 -1 9 5 5 ___ J & D b 4 .2 0 5s R o a d 1 9 2 7 - 1 9 3 9 - - -M & N 6 4 .2 0 4 .2 5 M u lt n o m a h C o S D N o 1— 4 M s J u ly 15 ’2 8 -’3 9 — J& J15 % I 4 I 4s J u ly 15 ’4 0 -’4 5 _____J& J15 4 .2 0 P o rtla n d 5 M s 1 92 8 ______F & A b 4 10 5s H a rb D e v 1 9 2 7 -5 0 -M & N b 4 .2 > 4 .2 0 4 M s D o c k 1 9 4 3 _______ M & N 6 4 .2 5 4 M s O c t 1 92 7 -4 7 ______A & O b 4 .2 5 4 .1 5 4s W a t e r 1 93 7 ________ M & N b 4 .20 4 .2 0 4s W a te r 1 9 3 6 -1 9 5 5 ---M & N b 4 .2 0 4 .2 0 P t o f A sto ria 5s H a r ’2 7-29J& J 5s R e fg 1 9 5 5 ___________ J& J % 4 .2 0 P t o f C o o s B a y H a r b o r 5s 4 .2 0 P o r t o f P o rtla n d 4s 1 9 3 4 — J& J 4 .3 0 S alem — 5s Sew er ’ 2 7 -'3 3 M & N 4 .2 0 P E N N S Y L V A N IA 5s J u ly 1 1951 Series O . . J & J 115 % 4 .3 0 4 M s D e c 1 1 95 1 __________ J & D 3 .8 0 4 M s J u ly 1929, 1934, 1939 1 944, 1 94 9 ______________ J & J b 4 % 4.35 4s H ig h w a y 1930, 1 932, 1935 4 .5 0 99 M '3 7 . ’4 0 , *42, ’4 5 , ’4 7 , ’ 5 0 , '5 2 4 .5 0 4s H ig h w a y 1941, ’4 3 , ’ 46, 4 .1 5 ‘ 4 8 , ’ 5 1 , '5 3 ......... M & S 6 4% A lle g h e n y — % 4s S treet I m p t 1 9 3 7 - -M & N 99 M % 4 .2 0 3 M s 1927 t o 1 93 1 ____ A & O 6 4 .1 5 98 4 .2 0 A lle g h e n y C o 4 M s ’4 3 - - M & N 4 .1 0 4 M s 1 92 7 -1 95 6 _________A & O b 4 % t 98 4 .1 5 4s R o a d 1 9 3 9 __________ A & O 3 .8 0 98 4s B rid g e 1 94 2 _________F & A 98 4 .4 0 3 M s 1932 o p t 1 92 2 ___ M & N 98 A lt o o n a — 4s ’34 o p t '1 4 . -J & J 98 4s R e f 1936 o p t 1 9 1 6 — -J & J % 98 4 .3 0 4s H ig h w a y '3 7 o p t ’3 2 -J & J 98 A lt o o n a S D 4s ’27 t o ’ 3 5 . A & 0 % 4 .3 5 B e th le h e m S D 5 M s '3 0 , ’ 35 ’4 0 , ’4 5 . ’ 5 0 _____________J & D b 4 .1 0 B r a d d o c k 4 M s ’2 7 -’4 4 — M & N b 4 .1 0 % 4 .4 0 4s 1927 t o 1 9 3 5 -...........M & N b 4 .1 0 6 4 10 C a m b r ia C o 4 M s ’2 7 -’45 % 4 C h e s te r— 3 M s 1 92 9 _______ J& J b 4 .1 0 4s ’37 o p T 7 t a x -e x e m p t J& J b 4 .1 0 % % . 4 M s 1 93 5 -1 94 0 __________ J& J b 4 .1 0 C h e s te r S D 4 M s ’3 2 -’4 7 -’4 2 - b 4 .1 0 % 3 .8 0 E a s to n — 3 M s 1 9 2 8 _______ A & O b 4 .1 0 E rie— 4 M s Sch 1 92 7 -’3 9 - A & 0 b 4 .1 0 % 4 .1 5 4 M s R e f 1935 o p t ’ 2 4 - -J & J b 4 .1 0 4 .1 5 E rie S D 4s 192 7 -’3 8 ______F & A b 4 .1 0 4 M s 1 92 7 -1 93 7 _________A & O b 4 .1 0 3 .9 0 b 4 .1 0 4 M s Jan 1 1 9 3 6 -1 94 6 4 .3 0 F a y e t t e C o 4s roa d 1 9 3 6 . A & O b 4 .1 0 3 .9 0 H a rris b u rg — 4s ’2 7 - ’3 2 — M & S b 4 .1 0 4 .5 0 4s P u b Im p ’ 27 t o ’3 6 -M & S b 4 .1 0 b 4 .1 0 4s M a y 15 1 9 2 7 -1 9 5 3 b 4 .1 0 J o h n s to w n 4 M s 1 93 0 ___ % 4 .5 5 4s B u ild in g 1930 o p t - - M & S b 4 .1 0 4.50 L a ck a w a n n a C o 4s 1 9 4 4 -F & A b 4 .1 0 3 .8 0 L a n ca s te r 3s ’38 o p t ’2 8 - A & 0 b 4 .1 0 3 M s Sew er 1 93 4 _______ M & S b 4 .1 0 % L a n ca s te r S D 4s M a y 1 9 4 5 -- b 4 .1 0 4 30 L o w e r M e r io n T w p 4 s , 4 M s ,4 M s b 4 .1 0 3 .8 0 M c K ’p ’t S D 4 M s ’2 7 -’ 4 3M & N b 4 1 0 4 M e r c e r C o 5 M s ’2 7 -’4 7 -_ F & A 6 4 .1 0 4 .5 0 N o rris to w n S D 4 M s 1 9 4 3 -J & J b 4 .1 0 98 P h ila d e lp h ia 4s 1 93 7 ______J& J % 5s Jan 1 9 5 1 ______________ J& J 104 3.80 4 M s M a y 1 9 4 8 __________ J&J 104 4 .3 0 4 M s N o v 1 1 94 8 _________J& J 104 1.30 4 M s Sent 16 1 975______ J&J 100 4.20 4 M s 1 95 6 _____________ 4 .2 0 98 4s J u ly 1 93 9 ____________ J& J 98 4 .2 0 4s J u ly 1 9 4 2 ____________ J& J 4 .2 0 4s Jan 1 1 94 6 ___________ J& J 98 4.15 98 4s F e b 16 1 95 5 __________ J& J 4 .1 5 98 4s N o v 1 1 966___________ J& J 4 .1 5 98 4s J u ly 26 1 97 2 __________ J&J 4.20 3 M s J u ly 1 9 3 2 __________ J& J b 4 10 4 .2 0 3 M s J u ly 1 1 9 3 4 _________J& J b 4 -10 4 .1 5 P h ila S D 4 M s ’2 7 -’4 3 ____ J& J b 4 1 0 4 .1 5 98 4s 1 9 2 7 -1 9 4 2 _____________J& J 3 .8 0 P itts b u rg h — 4 M s ’2 7 -’ 50 J & D 6 4 10 4 M s J u n e 1 1 92 7 _______ J & D 3 .8 0 3 .8 5 4 M s Ju n e 1 1 928_______ J & D 4 M s 1 929-1940 — ____ J & D 4 4 Ms 1 91 1 -1 95 6 _________ J & D 4s 1 9 2 7 _________________M & N b 4 .1 0 % 4s 1928 to 1 9 3 9 __________ J& J 6 4 .1 0 % 4 M s ’2 7 -’38 t a x a b le — M & N b 4 .1 0 % 3 M s A p r ’27 t o ’3 0 — -A & O b 4 .1 0 % P itts b S D 4 M s 1 9 2 7 ____ J& J b 4 10 % R e a d in g — 4s ’27 t o ’ 2 8 ___A & O b 4 .1 0 4 .2 0 4s 1 9 2 7 -1 9 2 8 ___________ M & S b 4 .1 0 4.30 4s 1927 a n d 1 9 3 1 ____________ b 4 .1 0 5s I m p t 1 9 4 3 -1 9 4 9 ____ J& J % S cra n to n 4 M s ’ 2 7 -’ 4 1 ___ F & A b 4 .1 0 % 5s 1 92 7 -1 95 0 ___________ F & A b 4 .1 0 4.30 4s 1 9 2 7 -1 9 3 7 ___________ M&S b 4 .1 0 4s 1930 & 1 9 3 5 _________A & O b 4 .1 0 % S cra n to n S D 4s 1928 & 33 A & O b 4 .1 0 3 M s 1 9 2 7 -1 9 3 2 _________F & A b 4 .1 0 U n io n to w n 4s ’ 28 e x -ta x M & N b 4 -10 % 4 .1 5 3 .8 0 3 .8 0 3 .8 0 4 .2 0 3 .8 0 3 .8 0 4 .2 0 4 .2 0 4 .2 0 4 .1 5 4 .1 5 4.15, 4 .1 5 4 .1 0 4 .1 0 4 .1 0 4.10 3 .8 0 3 . SO 4 .1 0 4 .1 0 3 .8 0 3 .8 0 4 .1 5 4 .2 0 3 .8 0 4.25 4 .2 5 6 A 15 t o 4 .2 0 Bonds To Ask. Net. t o 4 .2 5 % t o 4 .2 5 % 4 .5 * 5 4.60 4.40 4.40 4.40 4 .4 0 4.40 4.50 t o 4 -40 % 4.60 t o 4 .5 0 % 4.60 4.60 4.60 t o 4 -50 % t o 4 .1 5 % t o 4 .1 5 % 4-15 4 15 4 10 4 .1 0 4.10 6 4.98 4.80 4.80 5 4 .6 0 t o 4 .2 5 t o 4 .2 5 101 t o 4 25 t o 4 .3 0 <7, % % % 4.20 4.20 to to to to to to 4 .3 0 4 .4 0 4 .3 5 4 .3 5 4 30 4 .3 0 % % % % % % 5 4-9* 5 4 .5 0 4-7C 117 1 06 M ... t o 3 .9 7 — 100M — t o 3 .9 7 % 100 M t o 4 .2 5 % 99 o 4 .1 0 % 99 99 99 99 99 99 99 --to to to to to to to to to to to to to to to to to to to to to to to to to to to to 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4-20 4-20 4 20 4.20 4 .2 0 4 -20 4 .2 0 4 .2 0 4 .2 0 4-20 4 .2 0 4 .2 0 4 .2 0 9SM 105 105 105 100M 101 M 99 99 99 99 99 99 to 4 20 to 4.20 to 4 -20 99 M t o 4 .2 0 to to to to to to to tc to to to to to to to % % % % % % % % % % % % % % % % % % % % % % % % % % % ___ % % % % 3.75 3.90 4 4 .0 5 % % % % 4.20 4 -20 4 .2 0 4 .2 0 4 .2 0 % 4 -20 % 4 20 % 4 .2 0 4 .0 5 4 .2 0 % 4 .2 0 % 4 .2 0 % 4 .2 0 % 4 .2 0 % 4 .2 0 % 4 .2 0 % • S u b je c t t o t a x a tio n . B y an a m e n d m e n t t o th e c o n s titu tio n o f O h io a d o p te d S e p t. 3 1912, b o n d s issued a fte r J a n . 1 1913 b y m u n icip a lities In th a t S ta te are s u b je c t t o ta x a tio n . B o n d s issued p rior t o J a n . 1 1913 are e x e m p t fr o m ta x a tio n , b B asis. / F l a t p r ic e , n N o m in a l. 54 STATE AND MUNICIPAL BONDS Bonds B id . W a s h ’n C o 4 M s ’ 2 7 -’3 4 --M & S 4s 192 7 -1 93 3 ___________ M & N W ilk es-B arre 3 33s’ 2 8 -’2 9 -F & A 4s 1928 to 1 9 3 5 -................ J&J 433s I m p ser I ’2 7 -’3 8 - A & 0 433s 1 93 1 -1 94 0 __________J& J 433s I m p t 1 9 4 0 -1 9 4 5 --J & J W m s p o rt 333s ’2 9 o p ’0 9 -M & S F o r k 4 M s 1 92 7 -1 94 3 ____ F& A Y o r k O o 3 33s "27-’3 2 ___ M & N R H O D E IS L A N D i s C h a rlt In s t 1 965______M & S 833s g o ld S H 1 934 _______ J&J, B ristol— 3 Ms g 1 93 0 ____ M & S C e n t F alls 4 s ^ 2 7 -’3 0 ____ F& A C r a n s to n 4 Sch 1928-1966 J&J N P r o v ’ce 4s J-n e 15 '4 7 -J & D J oh n ston 414s 1930. 1935 1 94 0 _____________ .M & N L in c o ln — 4s 1 92 8 ________ A & O N e w p o r t— 414s ’2 7 -'3 9 --M & S 514s June 1 1 92 7 -1 95 8 _____ 4 M s M a y 192 7 -4 2 ____ M &N 4 M s M a r 192 7 -3 5 ______M&S 4s g o ld 1 927____________ F& A 4s M a y 15 1 948_______ M & N 314s g H ig h S ch 1 9 5 4 -J & D P a w tu c k e t— 414s 1 9 5 0 - - - J & J 433s Sew er 1 952...........-J & D 4 M s S ch o o l 1 95 4 _____ M & N 4s W a te r 1 937_________M & N P r o v id e n c e 4s 1 92 7 ______A & O 4s W a t e r Jan 2 1 93 6 _______ 4s Jan 1 1 945.............. . . - J & J 4s O c t 1 1 954...................-A & O 4s J u ly 1 95 6 ____________ J& J 4s M a y 1 9 6 2 . . ............. .M & N 4s W a t e r 1 96 2 __________ J& D 4s O c t 1 1 9 6 4 ................ . . A & O 314s S ch & B r 1 9 2 9 .— M & N 3s S ew & I m p t 1 9 2 9 --M & N W esterly — 4s 1 92 7 _______ M & S 314s W a te r F e b 1 9 2 9 -.F & A W o o n s o c k e t 4J4s F d ’4 1 -J & D 6s F u n d 1 92 7 -1 93 5 ___ M & N 6s F u n d 1 93 6 -1 96 1 ___ M & N 414s F u n d in g 1 944___ M & N 4 M s June 1 9 2 7 -1 9 5 7 --J & D 5s F u n d e d I 9 2 7 - 1 9 5 9 - - A & 0 4s F u n d in g 1 94 7 _______ A & O 314s W a t M a y 1 '3 1 - -M & N S O U T H C A R O L IN A 433s B lu e 1 92 8 ____________ J& J 4s R e fu n d 1952 o p t 1 9 3 2 ..J & J C h a rleston — 414s 1 9 2 8 - - A & 0 414s Jan 1 962 ___________ J&J 4s S ew er 1 929__________A & O 4s R e fg ’38 (ta x -e x e m )_ J & J C h a rleston O o 6s 1 9 3 7 -.--J & J C h er aw 6s ’ 52 o p t ’3 2 - -J u ly 1 C la ren d on C o — 6s M a y 15 ’3 6 -’4 0 --M & N 1 5 C o lu m b ia 5s R e f 1 941___ M & S 414s W a ter 1 94 5 _______ J& J G reen ville— 5s St 1 9 4 2 - .. J & J 5s W a te r 1 95 8 op t ’3 8 - F & A G r een v ille C o 433s 4 0 -’5 5 -J & J L a n ca ster S D — 5s 1 9 4 1 -.J & J 6s J u ly 1 946____________ J& J R ic h la n d O o 5s 1 93 3 ______J& J R o c k H ill 5s 1951 o p t '3 1 -J & J B partanburg 414s 1 9 3 5 --A & O 414s W a ter 1 9 3 0 -1 9 3 9 --J & J 414s W a te r 1 9 4 0 -1 9 6 5 -J& J 5s S ep t 1 1 9 3 9 .................... 5s N o v 1 1 94 3 _____________ S pa rta n b u r g C o 414s '2 7 .M & N S u m ter C o 5s ’2 8 -’ 5 2 ____ J & J Y o r k C o 4 * 4 8 1 9 2 8 -5 0 ____ J& J SOU TH D AKO TA 5 s R u ra l C re d it ’3 3 -’4 0 - . A & 0 5s S ept 1 941______________M & S 6s M a r 15 1 9 3 1 -3 5 -— M & S15 6 b Ju n e 1 1 9 2 7 -3 9 ________ J & D 5s H ig h w a y 1 92 7 -2 8 .......... A & O 6s Jan 15 193 4 -4 0 _____J& J15 814s Jan 15 1 94 3 ______ J& J15 4 14s R u ra l C re d it 1 9 3 9 --J & J A b er d een 414s S ew er ’3 2 -J & J S iou x F alls 5s 1 931_______ J & D S iou x F alls S D 5s 1 9 3 5 --A & O 514s D e c 1 1 940________ J & D TENN ESSEE 433s J u ly 1 192 7 -6 7 ...........J & J 414s R e f 1 9 2 7 -5 5 -...........- J & J 414s 1 93 8 -5 5 _______ .J & J 4s R e f 192 7 -5 5 ____________ J& J 4s 1 9 3 2 -5 3 _______ J& J B lo u n t C o 5s 1931, 1936 1 941, 1 951______________ J & J C h a tta n o o g a 414s 1 9 3 7 - - .J & J 5 M s R e f A p r 15 ’ 5 1 - A & 0 1 5 5s A u d it 192 7 -3 2 ____ M & N 414s M a y 1 95 2 ________ M & N 414s P a rk 1 94 2 _________M & N 414s D e c 3 0 1 9 4 1 .— J& D 3 0 C ock e O o R d & B dge— 1929, ’ 3 4 , ’3 9 _________M & N C u m b erla n d C o 5s 1 9 5 6 --J & J D a v id s o n C o 414 s '3 7 o p - F & A D y e r C o u n t y 4 M s 1 955_______ G rain ger O o 5s 1 94 0 ____ F & A H a m ilton C o 5s 1 9 3 5 ____ A & O 5s A p r il 1 945___________ A & O 414s C H & Jail 1 9 4 2 .-A & O 414s B d g e & S ch 1 9 4 7 -A & 0 K n o x C o 5s 1 9 3 0 -4 5 ___________ K n o x v ille 5s 1 94 0 _______ M & N 8s W a t R e f 1 9 2 7 -4 6 ---M & S 514s F u n d 1 950............. M & S 6s D e c 1 93 0 ______________ 414s J u ly 1 1 9 3 6 -4 8 -------414s F u n d e d , & c ., 1937 J& D 414s W a te r-w k s 1 9 4 9 - -J & J 414s J u n e 1 1 92 9 _______ J & D 414s 1 92 8 _______________ J & D 414s 1 9 2 9 _______________ J & D 414s 1 9 3 0 _______________ J & D 414s 1 9 3 1 -1 9 3 6 _________ J & D 414s 1 9 3 7 -1 9 6 3 _________ J & D 4s Ju n e 1 1 92 9 __________ J & D M e m p h is 5s J u ly 1 95 4 ___ J& J 5s R iv e r T e r m '2 7 - ’4 8 - A & 0 6s A u d it M k t ’2 8 -’4 9 - - J & J 414 s R e fu n d in g 1 9 3 9 ___ J& J 414s St I m p t & c 1 9 4 6 - -F & A 414s P a rk 1 94 7 ________ J & J 414s S treet 1 94 7 ............M & S 414s 1 95 0 ............ J& J 414s P a rk 1 959................ A & O 4s W a te r 1 93 3 _________M & N M e m p h is S D 414s 1 9 5 9 .-J & J 5 Basis. / F l a t price, To Ask. Net. 6 4 - 1 0 t o 4 .2 0 6 4 -1 0 t o 4 .2 0 6 4 .1 0 t o 4 .2 0 6 4 .1 0 to 4 .2 0 6 4 .1 0 to 4.20 6 4 .1 0 to 4 .2 0 6 4 .1 0 to 4 .2 0 6 4 .1 0 t o 4 .2 0 6 4 .1 0 to 4.20 6 4 .1 0 to 4 .2 0 100 9614 9614 99 9614 96 101 9914 10114 114 100 100 100 9714 8814 103 10314 9914 9714 90 M 99 99 99 99 99 99 99 98 9614 9914 98 , 10114' 10514 11914 102 99 107 9514, 90 Vs 102 115 101 10014 "9 8 1 4 8914 4 4 .1 0 4 .2 0 4 .4 0 4.26 4 .3 5 4 .6 0 4 .7 5 4 75 4-50 4.4U 4-50 4.50 4.40 4 85 5 4 .4 5 4 .7 0 4 .4 5 4 .4 5 4.45 4.50 4.50 4 .1 0 6 4 .3 0 t o 4 .6 0 % 6 4 .3 5 to 4 .5 5 % n N om inal. 4.60 4 .6 0 4 .5 0 4 .5 0 4 .5 0 4 .3 0 4 .3 5 4 .6 0 4 .6 5 4.50 4 .6 5 4 .8 0 4-15 4.15 4.15 4.15 4.15 4.75 4.30 4.60 4.40 4.35 4.35 4.35 4.80 4.80 4.55 4 .7 5 4.70 4.40 4.40 4.30 4.30 4.45 4.45 4.45 4.45 4.45 4.45 4.45 4.45 4 .2 0 4 10 4.20 4.25 4 .3 5 4 .3 5 4 .1 0 4 .3 5 4.40 % 4 .4 0 % 4 .3 0 4.30 4.30 4.30 4.30 4.30 4 .3 0 4 .6 0 Bonds. N a sh v ille 6s 1 9 2 7 -1 9 4 2 .. A & O 5s M a r c h 1 9 2 7 -1 9 6 0 --M & S 5s M a r c h 1 93 3 _________M&S 5s S ch o o l 1 92 7 -1 94 5 ___ J & D 414s S treet 1 93 5 _______ J& J 414s H ig h S ch 1 94 0 ____ J& J 4s W a te r 1 9 2 8 __________ J&J P o lk C o 5s 1 9 2 7 -4 6 _______ J & D P u tn a m C o 414s 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 e lby C o — 434s S ch ’ 4 1 -J & J 414s M u n lc 1 93 3 -’ 5 7 . - J & D 4s C o u r t H o u s e 1 9 5 5 --J & J 5s S ch o o l 1929, 1 939. 1 9 4 9 -. TEXAS A u stin 5s 1 92 7 -1 94 2 ______J& J 5s S c h B lg & H o s ’ 5 2 o p ’32J & J 4 1 4 % R e f 1 9 2 7 -1 9 4 6 ___ J& J B e a u m o n t 5s ’52 o p ’ 3 2 - - A & 0 5s W a te r W o r k s 195 4 -M & S 5s 1927 _________________A & O 5s 1 9 2 8 -1 9 3 0 ___________ A & O 5s 1 93 1 -1 93 9 ___________ A & O 5s 1 94 0 -1 96 5 ___________ A & O 4s 1942 o p t 1 92 2 _______ J& D C is co 6s F u n d 1 9 4 9 -6 2 .-F & A ,5 C le b u rn e 5s W W ’ 5 2 o p ’32 J& J D a lla s — 5s 1 93 1 __________ J & D 5s g A u g 1 9 2 8 __________ F & A 5s 1 9 2 7 -1 9 6 0 __________ M & N 434s S ch 1 92 7 -1 95 2 ___ M & N 434s 1928, 1938, 1939, 1942. 1943, 1944, 1 94 5 ____ J& J 434s 192 7 -’3 0 __________ M & N 434s 193 1 -’4 5 __________ M & N 434s 194 6 -’ 6 5 __________ M & N 4s S ch o o l 1927-1951 — -J & J D a llas C o 4 3 4 s S e p t l0 ’51 A p rlO 5s V ia d ’ t & B rid g e F e b 10 1954 o p t 1 9 2 4 ____ A p r 10 E lP a s o 5s W W P u r c h ’ 5 0 -A & O 5s F u n d 1951 o p t ’3 1 — M & S 5s S c h o o l 1955 o p t ’3 5 - -J & J 5s I m p t A u g 1 1 94 8 ___ F & A F o r t W o r t h 5s 1 95 1 ______A & O 5s 1 92 9 -1 93 4 ___________ J & D 5s 1 9 3 5 -1 9 5 9 ___________ J & D 434s S t l m p ’48 o p a f t ’28 J& J 434s S ch ’49 o p a ft ’2 9 .J & D 4s R e fu n d in g 1 9 4 1 ____ J& J G a lv e s t o n — 5s 1 9 3 2 -1 9 3 6 -J & J 5s G r a d e R a is 1 94 4 ___ A & O 5s S ch o o l 1 9 2 7 -1 9 5 4 .-M & S 5s 1 9 2 7 -1 9 5 6 ___________ A & O 434s G r a d , & c, ’4 8 o p ’ 28 J& J 434s G r a d ,& c ,’49 o p ’2 9 A & 0 G a lv e s to n C o u n t y — 5s B d A p r 10 ’ 5 1 o p ’31 A & O G r im e s C o 5 3 4 s l9 2 7 _ — A & O 1 0 534s R o a d ’2 8 -’2 9 — -A & O 1 0 534s R o a d 1 93 0 -’ 5 4 .A & 0 1 0 H arris C o 4s ’47 o p ’ 17 A & O H o u s t o n — 5s S e w l9 3 9 — M & N 5s R e f O c t 16 ’4 1 o p ’3 1 - A & 0 5s M u n I m p ’2 8 -’3 6 ___ F & A 434s S ept 1 9 2 7 -1 9 5 2 .- M & N 434s O c t 26 ’ 38 o p ’2 8 - A & 0 P a le stin e 5s S ch A u g 1 1929, ’3 4 , ’3 9 , ’4 4 , ’ 4 9 , ’ 5 4 , ’ 5 9 , ’64 P o r t A rth u r 5s 1 9 2 7 -5 6 -- M & S 5s W a t e r A u g 25 ’2 8 -’ 6 5 ____ San A n t o n io — 5s ’2 7 -’ 5 3 -M & S 534s W W 1 92 7 -’3 5 — -M & N 534s W W 1 9 3 6 -’6 5 ___ M & N 5s S e p t 1 9 2 7 -1 9 5 3 _____M & S 5s S ent 1 9 3 1 -1 9 5 9 -.............. __ 5s St I m p D ls t N o 2 1 9 4 3 ___ 434s 192 8 -1 96 7 __________ J& J San A n t o n io S D 5s ’ 5 6 - -F & A W a c o — 5s N o v 1 1 9 3 4 --M & N 5s S ew er 1 9 3 7 __________ J& J 5s W a t e r -W o r k s 1 9 4 2 --J & J 4s J an 1 1 9 3 1 _____________ W ic h ita F alls 6s 1 9 5 0 -— M & N 534s 1 9 2 7 -1 9 4 0 _______ M & N 5s F e b 10 1 96 0 _____F & A 1 0 4 34s 1 9 2 7 -1 9 5 5 _______ M & N 434s 1 9 2 7 -1 9 6 0 _________ J & D U N I T E D S T A T E S — See UTAH. 534s A p r il 1 1 94 1 __________ J& J 5s C a p ito l B ld g 1 93 4 ______J& J 434s C a p ito l B ld g 1 9 3 4 - - A & 0 434s R o a d 1 9 3 9 - . . ............. J& J 434s J u ly 1 1 9 3 9 __________ J & J 4s C a p ito l B ld g 1 93 4 ____ J& J B o x E ld e r C o 4 34sSch’32 F & A O g d e n — 4 34s 1 9 2 9 ________ J& J 4 3 4 % 1 9 2 7 -1 9 4 5 ____________ 4 34s R e fu n d in g 1 9 3 2 --J & D 434s R e f W a t 1 9 3 3 - - .M & N S alt L a k e C ity 5s 1 92 7 -2 8 M & S 5s R e fu n d in g 1 941______J& J 434s M a y 1 1 9 3 4 ______M & N 434s re fu n d in g 1 9 3 4 --M & N 4s R e f 1 9 2 7 -1 9 2 9 ______A & O 4s R e f 1 9 3 0 -1 9 3 5 _____ A & O 4s R e f 1 93 6 -1 94 5 ______A & O 4s R e f 1 94 6 -1 96 5 ______A & O S alt L a k e C it y S D 4s ’ 3 0 -J & J 434s F e b 1 1 9 3 2 _______ F & A 434s A u g 1 1 9 3 3 _______ F & A S alt L Co_4_34s_’27_op ’ 16 F & A Bid. VIRGINIA Bonds. Bid. b 4 .2 5 b 4 .2 5 6 4 .5 0 b 4.25 b 4 .2 5 b 4.25 b 4 .2 5 b 4 .2 5 b 4 .2 5 b 4 .2 5 b 4 .4 5 b 4 .4 5 b 4 .7 0 b 4 .7 0 b 4 .7 0 b 4 .7 0 b 4 .7 0 b 4 .7 5 b b b b b 4 .7 5 4 .7 5 4 .6 0 433 4 34 pa ges b 4 .2 0 0 4 .2 5 6 4 .2 5 b 4.25 1 4.05 l 4 05 l 4 .0 5 l 4 05 10334 97 M 100M 6s d e fe rre d c t fs 1 8 7 1 ______J& J B ro w n B ro s c e r tific a te s ____ 94 3s “ R id d le b e r g e r ” 1 93 2 ___ J & J 3s F u n d e d d e b t 1 9 9 1 ____ J& J 7934 43£s c t f in d e b t 1 9 3 0 - 3 1 - . . J& J 4 3 is c t fs in d e b t 1 9 3 2 ______J& J 4 M s c t f in d e b t 1 9 3 3 -3 7 ___ J & J A lb e m a rle C o 5s 1 94 8 ____ J& J A r lin g to n C o 5 M s ’3 2 -’5 4 .F & A 6 4 .5 5 B risto l 5 M s S ch ’3 4 -’ 5 3 _______ C h a rlo tte s v ille 5s 1 96 2 __M & S 5s W a te r I m p t 1 95 8 ___ J& J D a n v ille — 4s R e fg 1 9 3 1 .-J & J 434s R e f A u g 1 9 4 2 ____ F & A 4 34s J u ly 1 1 9 3 9 -1 9 5 0 --J & J 5s W a t I m p 1 9 2 7 - 2 8 - - - J & D F a irfa x C o 4 M s 1 9 4 5 --F & A 2 H e n rico C o S ch 5s ’3 0 -’ 50 J& J b 4 .4 5 L e e C o u n t y 5s 1 9 2 7 -4 1 ___ J& J b 4 .3 5 L y n c h b u r g 434s 1 9 2 7 ____ J & D 434s P u b I m p t 1 93 9 ___ J& J 434s P u b I m p t 1 9 4 6 ___ J& J 434s W a t e r 1 95 1 ............. J& J 4s R e f O c t 1 93 4 ................ J&T N e w p o r t N e w s 434s ’4 8 -J & D 434s F e b 1 953__________F& A 4s S treet N o v 1 1 94 1 __M & N 4 .4 0 N o r fo lk — 6s O c t 1 1 950__A & O to 4 .5 0 % 4 .3 0 534s S c h o o l O c t 1 ’ 5 1 - - A & 0 4.30 5s M u n ic ip a l 1 94 9 ____ F & A 4.20 5s M u n ic ip a l 1 96 9 ____ F & A 4 .6 0 434s M u n ic I m p t ’4 2 -M & S 434s R e n e w A p r 1 ’4 1 - A & 0 4 .6 0 4.50 434s I m p J u ly 1 940___ J& J 4 30 4s I m p t M a r c h 1 93 6 __M&S 4.40 P e te rs b u rg 434s 1 95 2 ___ A & O 4 .3 0 P o r t s m o u th — 434s 1 9 4 0 -F & A to 4 .4 0 % 534s A u g 1 1 95 1 _______ F & A 434s I m p O c t 1 1 9 4 2 - .A & 0 to 4 .7 0 % 434s S ch & S ew 1 9 3 8 --J & J 4 .7 0 434s 1 9 3 0 -1 9 4 0 __________ J& J 4 .7 0 434s 1 9 4 1 -1 9 5 4 __________ J& J 5s W a te r 1 948__________ J& D 4.70 4.70 6s R e fu n d in g 1 92 8 ______J& J 4 .7 0 R ic h m o n d — 6s 1 9 2 7 -2 9 -— J& J 4 .7 0 6s J u ly 1 1 93 0 ___________ J&J 4 .7 0 434s P u b I m p 1 94 9 ____ J&J ! -70 4 34s S t & P k R d S e p t ’2 9 - J&J 4 70 434s 1958 _______________ J& J 6 4s 1927 t o 1 9 3 0 ................ -J & J 4.90 4s 1938 t o 1 94 3 __________ J&J 4.30 4 s 1941 __________________ J&J 4.30 4s E le c L ig h t 1 94 2 ______J&J to 4.35 % 4s 1943 __________________ J& J R o a n o k e 434s R e f 1 93 6 ___ J& J t o 4.35 % 434s S tre e t I m p t M a y 1940 434s P u b B ld g 1 94 1 - - M & N to 4.35 % to 4 .3 5 % 434s P u b B ld g 1 9 4 4 --M & N to 4 .3 5 % 434s A p r 1 95 2 __________ A & O to 4.35 % 4s S treet I m p t 1 93 6 ____ J& J or S ta ffo r d C o 5s 1 9 4 2 _______ J& J to 4 .3 5 /o 4.40 S ta u n to n 5s 1 9 2 9 -5 8 ____ M & S T a ze w e ll C o 5s 1 9 2 7 - 4 6 - . . J&J W A S H IN G T O N 5 4.60 6s G en F u n d 1 9 2 7 -1 9 4 0 --J & J 4 .6 0 534s F e b 1 1 9 3 1 __________ F & A 4.60 A b e r d e e n 534s ’2 7 -’3 1 ___ J & D 4 .6 0 C la rk e C o 5s ’35 o p t ’ 2 5 - J a n 1 4.50 E v e r e t t 5s J u ly 15 1 9 3 1 --J & J 4.50 5s J u n e 1 93 6 ___________ J & D 4 .5 0 5 M s W a t e r 1 9 3 4 -1 93 8 -M & S 4 .3 5 K in g C o — 5s 1 92 8 _______ M &S 4 .3 5 5s C o u r t H o u s e ’33 o p t M a y 4 .3 5 5s R o a d 1 93 5 ___________ F & A 5 434s H a r b o p t ’ 2 7 -’30 N o v i 5 L ew is C o 5s 1 9 2 7 -3 2 ____ M &S 5 P a c ific C o 4 M s J u ly 1 ’2 8 -’36 P ie rce C o 5 5 5s S e p t 1 1 9 2 8 -3 7 ____ S e p t 4s R e f 1927 o p t 1 9 1 6 -- M & S 5 P o r t o f S e attle 5s ’2 7 -’ 55 M & S 4 .9 0 434s Jan 1 92 8 -1 95 5 ____ J& J 5 S e attle — 5s 1 92 7 -1 93 0 ____ J& J 6s L & P S ys 1 9 2 7 -4 1 --A & O 5 5 534s L & P 1 9 2 9 -4 3 ___ M & N 5s L ig h t & P o w 1 942-56A & O 4.80 4 .4 0 434s S ew er 1 92 7 _______ M&S 4 .4 0 434s S ew er 1 93 1 ________ J& J 434s L ig h t e x t 1 932 ____ J& J t o 4 .6 5 % 434s 1 9 2 8 -1 9 3 2 -...........-A & O t o 4 .6 5 % 4 .5 0 434s 1 93 3 -1 94 0 _________A & O 434s 1 94 1 -1 95 5 _________A & O 4s A p r il 1 1 92 9 ________ A & O 4 .8 5 4 .7 0 S e a ttle S ch o o l D is t N o . 1— 434s M a r ’ 27 t o ’3 1 ___ M & S 4 .7 0 t o 4 .8 0 % 4s 1 946-1950 __________ M & N t o 4 .8 0 % S n o h o m ish C o 5s ’31 o p t a ft ’ 21 S p o k a n e 5s F a rk 1 9 2 7 ___ J & D t o 4 .8 0 % t o 4 .8 0 % 434s B rid g e C o n s t 1 9 3 1 -J & J t o 4 .8 0 % 434s P a r k 1 96 2 __________ J& J t o 4 .8 5 % 4 M s B rid g e 1 9 2 7 - 3 6 - - -J & J 4 .2 5 S p o k a n e S D N o 8 1 4 3 4 s ’29 J & J 4 .6 0 434s M a y 1 1 93 1 ______M & N 4 .4 0 S tev en s C o — 434 s ’29 o p t ’ 19 4 .4 0 T a c o m a — 5s 1 9 2 7 -3 3 ____ J & D 4 .4 0 4 M s W a t e r ’3 9 -’4 3 (s -a )-J & J 4 .4 0 434s L t & P o w 1 9 2 9 ____ J & J 434s R e fu n d in g 1 9 3 1 - - A & 0 to 5 % 334s Jan 1 1939 J& J to 5% W E S T V IR G IN IA t o 4 .7 5 % 5s H ig h w a y 1 9 2 7 - 1 9 4 6 - - -J & J to 4.60 % 334s Jan 1 1 93 9 ___________ J & J t o 4 .6 0 % C h a rle sto n 434s ’41 o p t ’ 27J & J 16 &48 C h a rle sto n S D 5s ’2 7 -’ 5 2 -J & J 4 .2 0 ' C la rk sb u rg 5s ’ 2 7 -’ 5 3 ___ A & O 4 .1 5 C la rk sb g S D 5s ’41 o p ’ 21M & S 4 .1 0 H a n c o c k C o u n t y — 5s G r a n t 4 .1 0 R o a d D is t ’46 o p t ’3 2 -M & N 4 .1 0 H u n tin g to n 5s 1 9 4 4 ______O c t 4 05 5s In d S ch D ’ 2 8 -’3 4 ___ J& J 4 30 M a r tin s b u r g 5s ’43 o p ’29 D e c l 4 .2 5 M e r c e r C o 5s ’4 4 o p 24 A & 0 1 5 4 .2 5 M o r g a n t o w n 5s 1 9 2 7 -4 8 --J & J 4 .2 5 P a rk e rs b u rg 4s W a t ’2 9 -J u n e 4 .2 5 434s J u n e 1 1 9 3 3 ______J & D W h e e lin g 5s W W ’3 2 -’ 5 2 -J & J t o 4 .3 0 % 4s R e f 1927 t o 1 9 3 6 - . - J u l y t o 4 .3 5 % W IS C O N S IN to 4 .3 5 % A p p le t o n 434s 1 9 2 7 -3 2 --F & A to 4 .3 5 E a u C la ire 434® W W ’3 3 -’44 t o 4 .1 5 F o n d d u L a c 434s ’2 7 -’3 5 -M a r to 4 .1 5 % G reen B a y 434s ’ 2 8 -’3 3 ___ J& J to 4 .1 5 % 6s W W 1 92 7 -1 93 5 ___ M & N t o 4 .1 5 % 4 .3 0 6s W W 1 9 3 6 -1 9 6 0 ___ M & N 4 .3 0 J e ffe rso n C o 5s ’2 8 -’3 2 _ - A & 0 4 .3 0 L a C ro sse 434s ’32 o p ’2 2 - F & A 4 .3 5 4s W a t e r ’31 o p *21___ J & D M a d is o n — 4s O c t 1 931__A & O M a r s h fie ld 434s ’ 2 8 -’3 2 - . - J & J M ilw a u k e e 5s 1 9 2 8 -1 9 3 9 --J & J 5s 1 9 2 7 -1 9 3 9 ____________ J & J 5s Jan 1 9 2 8 -1 9 4 0 _______ J& J 5s J u ly 1 9 2 7 -1 9 4 0 -...........J& J 434s 1 9 2 8 -1 9 3 9 __________ J& J 434s P a rk 1 9 2 7 -1 9 3 5 ---J & J 9434 4 34 s 1 9 2 8 -1 9 3 1 __________ J& J 80 4 4 4 34s 1 9 3 2 -1 9 4 5 __________ J& J 4 M ilw a u k e e C o u n t y — 4 434s S ew M a r 18 ’3 6 -’4 5 — 4 .5 5 O sh k osh 434s 1 9 2 8 -3 4 — F & A R a c in e 434s R e f ’2 8 -’3 0 - - F & A to 4 .6 0 % 6s 1 9 2 7 -1 9 4 1 ----------------- F & A 4 .7 5 4 .5 5 R a c in e C o 6s 1 9 3 0 -1 9 4 0 --J & J 4 .5 5 S u p erior 4 M s S ch ’ 2 7 -’4 4 -J & J 4 3 5 W a u s a u 4 34s ’2 7 -’3 3 -------A & O 4 .4 0 W o o d C o — 5s ’ 2 8 -’2 9 -’31 A & O 4 .4 0 5s 1 9 3 4 __________________ A & O 4 .2 5 5s 1937 a n d 1 9 3 8 _______ A & O W Y O M IN G 4 60j t o 4 .5 0 % 1 6s P u b B ld g 1 9 2 7 -2 8 ____ J u ly C h e y e n n e 5s ’ 31 o p ’ l l - . F & A t o 4 .7 0 % 4 .1 5 N a tr o n a C o S D N o 2 — 4.35, 5s 1 92 8-1944 - ................ 4 35' S h erid a n — 6s F u n d M a r 15 1 9 5 2 -M & S 435 4 .3 5 I Ask. To 4 .4 5 b 4 .2 5 to 4 .5 0 % b 4 .3 0 to 4 .4 0 % VE 433s O c t 1 1 9 2 7 -1 9 4 9 ___ A & O M id d le b u r y 4s ’4 1 o p ’2 1 -M & N R u tla n d 4 M s 1 9 4 6 -4 8 ____ J& J To Ask. Net. [ V ol. 124, 4 .4 5 4 45 4 .6 0 4 .5 0 4 .4 0 4 .4 5 4 .3 5 — — — — ............ ............ 6 4 . 15 — b~4 4 0 4 .4 0 4 .4 0 4 .4 0 4 .4 0 4 .4 5 4 .4 0 to 4 .2 0 % 4 .2 5 — 4 .2 0 445 4 .2 0 to 4 .1 5 % 4 .2 0 4 .2 0 4 .2 0 4 .2 0 4% 4% 4% 4% 4% ............. 433 4 .6 5 b~4 35 to 4 55 % b 4 .2 5 to 4 .6 0 % b 4% 10433 to 4 .1 5 % 105 5 " 5 5 5 5 4.50 4.75 4.50 6 "4.65 to 4"80 % b 4 .8 5 Co 5 % b 4 .6 0 bo 4 .7 0 4.10 h .7 5 433 b 4 .2 0 4 .8 0 4 .5 0 5 5 5 4 .5 0 4 .5 0 4 .5 0 t o 4.40 % 4 .4 0 4 .4 0 4 .3 5 4.50 4.40 5 4.30 4.25 4.25 4.25 4.40 4.40 5 4.75 4.50 4.75 4.75 4.75 b 4% t o 4 .1 5 % 4 4 05 b 4 15 t o 4 .4 0 % b 4 25 to 4 .5 0 % 4.55 4 .9 0 4 .3 0 b 4 .2 5 t o 4 .3 5 % 4 60 4 .6 5 b 4 .3 0 to 4 .5 5 % b 4% 4 .3 0 4 .4 0 4 .2 0 t o 4 .1 5 % 4 .1 5 4 .1 5 b 4 .0 5 t o 4 .1 5 % b 4 .0 5 t o 4 .1 5 % 4.80 4-80 b 4 .1 0 t o 4 .2 0 % b b b b b b 4% 4% 4% 4% 4% 4% to to to to to to 4 05 4 05 4 05 4 .0 5 4 ,0 5 4 .0 5 4.25 4.25 4.10 4.20 % % % % % % 4 4 05 4 .1 0 b 4 .1 0 t o 4 .1 5 % 4 .0 5 b 4 .1 0 t o 4 .2 0 % 4.20 b 4 .1 0 t o 4 .2 0 % b 4 .1 0 t o 4 .2 0 % b 4 .1 0 t o 4 .2 0 % . 4.15 4.15 4.50 5 4 .8 0 ............. 1 4 .8 5 55 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 u~sue, though often are nominal. An asterisk (*) denotes sales. Figures of deposits, capital and profits for the national banks are from the Comptroller’s last call; for all other insti tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. CALIFORNIA— (Concluded) ALABAMA—National banks Dec. 31; State institutions Dec. 31. Capital. Surplus & Profits. Cross Deposits. Par. Birmingham— S $ 8 Amer Tr & Sav Bank 1.000,000 1,010.306 14,073,462 100 BIrming’m Tr & Sav 1,000,000 1,130,854 20,927,095 100 Broth of L Eng B & T 500,000 1,292,572 100 C82.529 First National Bank. 1,500,000 3,811,049 40,935,070 100 Traders Nat Bank-250,000 £196,606 4,029,448 100 Mobile— First National Bank. Merchants’ Bank__ 300,000 500,000 400,000 Bid. Ask. Per 300 375 115 600 200 Per share. 325 450 125 625 225 share. 1,620,413 17,738,205 100 565 685,578 11,823,452 100 300 172,418 4,055,807 100 150 Montgomery— First National Bank. 1.000,000 Fourth Nat Bank . . 500,000 Alabama National Bk 300.000 Union Bank & Tr Co 100.000 637,539 r306,342 £67,916 C149.461 9,117,815 6,008,837 2,253,468 0,093,083 100 100 100 100 Per 205 132 105 220 575 310 share. 215 140 108 230 ARIZONA—National banks Dec. 31; State institutions Dec. 31. Phoenix— 100,000 150,000 200,000 200,000 100,000 1,050.000 700,000 £7,O'1 £5,145 538,884 £24,491 4,094,760 170,486 5,523,419 295,299 3,774,878 301,671 13,665,019 100 100 100 100 100 100 Per share. ARKANSAS— National banks D’ec. 31: Slate institutions Dec. 31. Little Rock— Amer South Tr Oo_ 1.000.000 Central Bank_______ 200.000 England Nat Bank.. 300.000 Exchange Nat Bank. 300.000 Federal Bk & Tr Co. 200.000 People’s Sav Bank.. 200.000 Twin City Bank____ 100.000 Bankers Trust Co__ 300.000 Exchange Trust Co_ 100.000 Union Trust Oo_____ 500.000 W B Worthen Co__ 200.000 Pine Bluff— Cotton Belt Bk&TCo 100.000 Nat Bank of Ark____ 100.000 Merch & Plant Bank 175.000 Peoples S B & Tr Co. 100.000 Bimmons Nat Bank. 200.000 CALIFORNIA— National banks Fresno— First National Bank. 200.00C Los Angeles. Bank of America___ 2,500,000 Bank of San Pedro. . 350,000 Cent Com’l & Sav Bk 325,000 Citizens’ Nat Bank.. 4,000,000 Oom’lNat Tr&SavBk 2,000,000 Farmers & MerchNat 2,000,000 Fed Tr & Sav Bank.. 500,000 First Nat Bk, San P. 200.000 First National Bank. 3,500.000 California Bank____ 3,000,000 MerchNatTr&SavBk 4,000,000 Nat City Bk of L A__ 1.000,000 California Trust Co 500.000 Security Tr & Sav Bk 11,275.000 Citizens Tr & Sav Bk 2,000,000 Pacific National Bk. 1,000,000 Pacific-8 W T & 9 B 6.900,000 Pan Am Bank of Cal. 2,000,000 Peoples Nat Bank . . 500,000 Seaboard Nat Bank. 1,000,000 U S National Bank.. 750,000 Union Bank & Trust. 3,000,000 Wilshire Nat Bank.. 200.000 Oakland— Central Sav Bank__ 1,200,000 Central Nat Bank__ 1,200,000 New First Nat Bank. 500,000 Farmers & Mer Sav. 300,000 1,500,000 Pasadena— Central Nat Bank__ 100,000 Citizens Savings Bk. 300,000 Comm’l Bk of Pasad 100,000 First National Bank. 450.000 Pasadena Nat Bank 100,000 Security Nat Bank.. 300,000 First Trust & Sav Bk 900,000 Sacramento— California Nat Bank. 1,500.000 Capital Nat Bank. . 500,000 California Tr & S Bk 450,000 Farm & Mech Bank 350,000 Merchants Nat Bank 200,000 800,000 SanBernardino— California State Bk San Bernardino N Bk San Bern Co Sav Bk. 150,000 100,000 100,000 150,000 366,344 15,508. 990 2.5 50,216 1,079, 042 100 £104,510 2,696, 629 100 240,786 5,369, 446 100 27,452 2,009, 442 91,643 3,075, 592 25 1,304, 649 27,651 156,487 8,518, 392 100 145,546 1,840, 639 100 356,782 8,528, 344 100 381,269 3,349, 169 100 11,276 204.780 241.780 63,477 491,472 Per share. Per 748, 413 25 160 3,190, 991 100 280 3,024, 317 25 225 678, 358 25 145 6,143, 254 100 265 4.528.45C 1,349,585 23,428,127 £41,30S 3,298,748 £26,736 1,349,699 2,309,946 50,155,590 1.909.34C 21,444,198 7,545,501 48,103,217 £139,155 4,096,352 r65,000 2,626,000 4,511,991 91,878,271 2,158,426 88,968,617 4,696,781 127,720,643 £114,449 13,563,664 £154,345 614,733,219 5,734,779 33,658,909 2,194,811 52,219,851 £236,123 6,119,429 7,288,242 200,956,599 1,000,000 3,963,343 £70,000 3,192,674 £124,412 3,863,015 £236,727 7,024,176 964,213 16,419,200 £45,005 987,180 1,937,048 31,368,822 1,963,027 25,637,437 £48,363 3,928,108 £154,244 5,107,986 3,169,542 61,433,842 40,592 1.S96.475 £217,795 3,686,433 351,999 £14,938 309,856 5,846,112 25,529 1,560,931 158,517 3,155,932 681,736 11,889,308 1,092,145 22,960,149 478,299 11,126,325 605,734 12,997,768 £379,945 7,561,855 150,598 2,513,454 289,962 7,984,315 £84,095 £155,015 363,370 365,106 2,004,709 1,296,543 2,116,151 3,106,175 • Sale price, a Dec. 31 1925. rApril 12 1926. {June 30 1926. share. 165 285 235 150 275 165 Per share. 10C 195 100 100 100 411 100 230 100 495 510 100 150 100 100 460 100 413 100 375 380 100 150 160 100 100 445 455 100 100 137H 100 100 100 100 19744 215 100 190 100 Per share. 100 290 100 290 100 115 100 135 100 360 b x Trust assets, Ex-dividend. 250 300 share. 250 100 100 100 100 San Diego— First National Bank. 1,000,000 1,025,724 17,107,046 100 300 First Trust & Sav Bk 500,000 252,778 5,390,690 100 175 San Diego Tr & S Bk 400,000 1,234,997 10,266,143 100 400 Secur Comm & S Bk 273,300 £100,303 2,610,345 100 160 Union National Bank 300,000 £98,413 2,383,808 100 150 United States Nat Bk 40,771 1,888,150 100 150 100,000 University Ave Bank £38,621 125,000 1,570,493 100 180 Southern Trust & Commerce Bank_ 1,200,000 520,065 22,432,597 100 200 San Jose— Bank of San Jose____ First National Bank. Growers Bank______ Security Sav Bank.. Security State Bank. 300.000 600.000 300.000 100.000 100.000 Surplus A Profits. Cross Deposits. Par. Bid. A sk. Per share. S $ 70,490,582 100 198 200 £1,843,399 000 105,460,614 100 202 y2 210 4,171,897 000 9,186,360 85,261,638 100 25 1 262 13,918,288 416,656,511 100 549M 551 £199,403 £97,519 000 115,228 (£824.072 3,378,170 £214,585 1,011,314 3,550,000 £1,388,289 r666,348 1,744,173 210,328 218,984 272,772 18,683.932 2,268,070 1.837.289 6,528,849 72,101,486 2,346,842 20,879,528 107,226,567 28,227,318 21,089,785 41,255,087 9,203,135 2,257,373 5,383,260 100 125 100 100 100 100 100 1000 100 100 100 100 100 100 307 251 265 10000 11500 350 206 260 110 135 120 115 145 £8,049,334 115,642,333 100 265 £2,286,453 59,706,241 100 5,298,738 177,474,822 100 300 350 1,091,985 28,517,212 50 1,138,499 42,672,225 100 149 £502,399 814,179 41,201 325,333 325,701 4,737,779 7,426 412 1,305,411 3,092,416 119671523 100 100 100 100 100 *253,425 £613 n9.9. t524,056 3,948,496 6,362 051 2,082,983 7 321 9QX 1,645! 640 80 100 100 100 100 0 4 2 Q77 r48,546 Per 155 sh a re. — CANADA— See last page. 10C 100 200 100 270 100 100 100 100 100 Per 100 100 100 100 100 175 100 125 San Francisco— S Amer Bank of San Fr 5.000. Anglo London-Paris National Bank__ 5.000. Bank of Calif, N A .. 8.500.000 Bank of Italy_______ 20,000,000 Banca Popolare Fugazl--------------------- 1.057.000 Brit-American Bank. 1.000. BrotherhoodNatl.Bk 500 000 Canadian Bk of Com 750.000 Crocker First Nat Bk 6,000,000 650.000 Donohoe-Kelly B Co. French-Amer Bank. . 1.250.000 The San Fran Bank. 1.000,000 Humboldt Bank___ 1.200.000 Italian-Amer Bank.. 1.500.000 Liberty Bank_______ 1.850.000 Mission Sav Bank__ 500.000 200.000 The Mission Bank_ Pacific Nat Bank__ Wells Fargo Bank & Union Trust Co__ 9.000,000 Anglo-Calif Trust Co 1.500.000 Mercantile Trust Oo. 5.500.000 Crocker First Federal Tr Co___________ 1.500.000 United Bank & Tr Co 4.500.000 Stockton— 500.000 City Bank_________ 750.000 Comm’l & Sav Bank200.000 First National Bank. Stockton S & L Bank 1,000,000 310,000 Union Safe Dep Bank Dec. 31; State institutions Dec, 31. 79,871 Capital. 325 200 425 175 175 200 215 c Oct. 15 1926. COLORADO— National Colorado Spgs.— Colorado Sav Bank.. Colorado Spgs Nat B Exchange Nat Bank. First National Bank. Colo Title & Tr Co._ banks Dec. 31; State institutions Dec. 31. 50,000 100,000 300.000 300.000 150.000 218,652 111,616 207,360 348,009 92,545 ftsr snare. 2.086.388 1,706,659 5.563.389 6,206,886 1,712,918 Denver— 9,778,032 American Nat Bank. 581,861 500.000 127,159 3,890,652 Central Sav Bk & Tr 500.000 Colorado Nat Bank. 1,000.000 1,607,169 40,790,280 Denver Nat Bank__ / 1 ,250.000 1,143,379 32,584,735 First National Bank- 1.500,000 1,865,740 43,632,571 15.500 659,396 Pioneer State Bank_. 100.000 22.500 309,489 South B’way Nat Bk 180.000 £43,752 1,652,971 Stock Yards Nat Bk. 250.000 U S National Bank_ 550.000 1,353,732 20,754,329 611,987 24,261 Guardian Trust Co 240.000 International Tr Co. 500.000 1,427,704 17,151,402 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Leadville— Carbonate AmerN B 100.000 Pueblo— First National Bank. Minnequa Bank____ Western Nat Bank_ Pueblo Sav & Tr Oo. 500.000 1,115,078 16,740,624 100 £102,387 2,325,572 100 30.000 154,390 2,261,261 100 100.000 231,934 4,981,447 100 100.000 34,198 Per share. 1,619,786 100 P er share. CONNECTICUT— National banks Dec. 31; State institutions Dec. 31. Per s h a r e . Bridgeport— City National Bank- 1,000,000 1,537,752 12,512,559 100 260 First National Bank. 1,000,000 1,885,065 18,134,618 100 300 918,279 10,568,817 100 240 250 Bridgeport Trust C o. 1,000,000 Amer Bank & Tr C o. 200.000 226,634 6,036,461 100 195 200 Comm’l Bk & Tr C o. 300,000 110,558 2,166,138 100 145 150 1,796,208 116,404 100.000 Newfield Bk & Tr Co 1,287,092 100 175 128,983 North End Bk & T r. 100,000 3,149,547 100 148 150 West Side Bank__ 137,667 200.000 Per s h a r e . Hartford— City Bank & Tr C o .. 900,000 1,205,287 20,194,325 100 650 700 6,416,778 30 300 Conn River Bkg C o. 863,215 150.000 First National Bank. 1,150,000 1,294,388 10,468,302 100 243 1,164,532 50 80 Giastonbury Bk & Tr 100,000 95,515 Hartford-Aetna N B . 2,000.000 3,690,160 19,512,372 100 460 Merchants Bk & T r. 47,363 734,159 100 100 100,000 Mutual Bk & Tr C o. 300.000 132,149 3,334,058 100 120 140 Phoenix Bank & Tr C o____________ 1.600,000 2,666,458 26,019,115 100 400 United States Sec Tr 2,000,000 2,086,113 12,830,199 100 460 East Hartf Trust C o. 189,048 2,352,377 100 300 150,000 Hartford-Conn Tr Co 2,500,000 3,351,687 24,789,646 100 590 Park Street Trust Co 152,969 3,330,377 100 450 100,000 559,543 2,753,710 100 450 Riverside Trust C o .. 300,000 1,187,463 50 Simsbury Bk & Tr Co 70,545 50,000 Travelers Bk & Tr Co 5,843,975 100 474,806 100.000 Per s h a r e . New Haven— Amer Bank & Tr Co 100,000 £183,797 2,793,562 100 175 Bway Bk & Tr C o .. £118,410 3,139,657 100 117 300,000 First National Bank 1,050,000 1,469,033 17,071,250 100 250 Mechanics’ B an k.. 60 330 300,000 1,165,000 17,127,055 Merchants Nat Bank 500,000 531,955 8,068,348 50 100 New Haven Bk NBA 1,200,000 2,262,529 8,482,302 100 240 Nat Tradesm Bk&Tr 633,865 3,197,855 100 170 500,000 173 Second Nat Bank___ 750,000 1,373,647 11,264,431 100 235 Un & N Haven Tr Oo 650,000 1,240,794 11,122,038 100 300 Norwich— Per s h a r e . Merchants’ Nat B k. £84,503 553,543 100 100 100,000 110 Thames Nat B an k.. 1,000,000 £807,336 3,3020,73 100 140 145 Uncas National Bank 680,000 100 100 £68,251 100,000 105 Bankers Trust Oo__ £39,180 861,717 100 100,000 100 a April 6 1925. e Nov. 18 1926. / Capital increase l Last Sale price. 56 BANKS AND TRUST COMPANIES CONNECTICUT— (C oncluded) Capital. W aterbury— Surplus & Profits. Gross Deposits. [ V o l . 124. IDAHO— National banks Dec. 31. Par. Bid. Ask. Per share. S $ $ 671,211 11,338,738 100 350 600,000 516,109 4,594,841 50 N1 500,000 500.000 1,515,000 7,452,541 100 609 509,127 5,926,307 100 300 400.000 365,013 3,929,009 100 250 _____ 300.000 Capital. Surplus & Profits. Gross Deposits. Par. Bid. Ask. Boise City— % S $ Boise City Nat Bank 110,031 4,264,608 100 375.000 Waterbury Nat Bank First Nat of Id a h o.. 345,794 8,130,082 100 300.000 Pacific Nat Bank__ 300.000 103,291 3,402,887 100 Merchants Trust C o. ILLINOIS— Notional Banks Dec. 31: State institutions Dec. 31. Waterbury Trust Co. Aurora— DELAWARE— National banks Dec. 31; State institutions Dec. 31. 300,000 295,792 2.739.357 100 Aurora Nat Bank__ First National silk. 100,006 249,132 3,933,657 100 335 350 Per share. American W ilm ington— Nat i ^ * k . 100,000 306,395 2,245,957 100 375 400 Central Nat B a n k ... 258,550 1,915,012 100 125 130 210,000 225 Merchants Nat Bank 300,000 284,085 2,847,015 100 200 Farmers’ Bank_____ 150 500,000 1,565,962 17,528,887 50 140 Old Second Nat Bank 200,000 328,788 2,317,432 100 150 Industrial Trust C o. 1,250,000 365,288 2,392,020 50 61 H 63 Aurora Tr & Sav B k . 260,000 206,669 2,519,366 100 215 225 Nat Bk o f Delaware 100 195,243 1,669,405 200 210 110,000 Per snart C hicago— Union National Bank 140 25 134 203,175 877,138 4,303,839 150 Adams State B an k .. 200,000 56,263 2,290,102 100 145 Delaware Trust C o. 125 315,379 8,723,949 100 118 1.000,000 100 190 Aetna State Bank_ _ 200,000 176,401 4,275,864 Equitable Trust C o. 1.000.000 1,562,889 5,256,479 100 310 32 0 185 inn 190 Albany Park Nat Bk 266,600 692,647 3,349,565 Security T & S D Co 997,825 1,480,781 7,435,358 100 290 300 Alliance Nat B an k .. 266,666 179,321 4.231.093 100 160 Wilmington Trust Co 2,000.000 1,653,511 16,881,852 50 130 138 Ashland State Bank. 256,600 al48,802 1,816,299 100 130 140 160 Atlas Exch Nat Bank 200.000 93,772 2,490,653 100 150 D ISTR IC T OF COLUMBIA— Nat. banks Dec. SI; State institutions Dec. SI Austin National B k. 260,666 6126,362 3,578,830 100 195 200 300,000 345,548 6.100.357 mo 275 Per share. Austin State B an k.. W ashin gton— Beverly State Sav Bk 100,000 647,386 1,158,655 100 182 Columbia Nat Bank3,954,629 100 380 479,795 250,000 ___ Boulevard Bridge Bk 500,000 350,000 12,731,982 100 210 Commercial Nat Bk. 1,000.000 531,353 14.366,740 100 230 Boulevard State S Bk 200.066 39,919 1,314,472 100 Bank o f Comm & Sav 1,799,846 100.000 6139,579 10 255 BowmanvilleNat’lBk 200,000 84,925 4,500,728 100 175 Departmental Bank. 637,165 522,026 If) 105,840 106 Broadway Nat Bank 206,666 74,119 1,668,118 100 103 District Nat B ank., 1.000,000 909,395 8,751,321 100 238 245 Bryn Mawr State Bk 200,000 54,706 1,272,536 100 «135 Farm & Mech N a t.. 400,763 3,332,991 100 275 295 252,000 Binga State Bank__ 260,006 60,106 1,416,092 100 Fed’l Amer Nat Bank 1,600,000 1,084,236 12,500,924 100 312 325 Build & Merch St Bk 200,600 133,489 2,907,116 100 215 225 Franklin Nat B an k.. 125,029 4,250,582 100 225,000 Calumet Nat B an k.. 300,600 276,702 8.081.094 100 309 320 Liberty Nat Bank__ 244,610 3,170,277 100 205 208 500,000 190 Capita! State Sav Bk 360,066 125,881 4,823,961 100 180 Lincoln Nat Bank__ 551,261 6,375,535 100 365 400,000 410 Central Mfg Dist Bk 500,000 866,834 9,8 2,018 100 400 Merch Bk & Tr C o._ 1.000,000 321,244 9,534,552 100 150 l55~ 240 Chic Lawn State B k. 400,000 355,934 2,116,883 100 235 Mt Vernon Sav Bank 160,000 6144.207 4,237,408 100 Citizens State Bank. 500,000 (Z435,352 8,780,820 100 345 355 Nat Bank of Wash’n 1,050,000 1,075,600 8,395,968 100 275 295 __ City State Bk of Chic 400,000 223,476 2,496,812 100 340 Nat Capital Bank__ 1,824,196 100 275 200,000 6307,453 472 Cont & Com Nat Bk. 25.000,000 24,704,343 421,430,691 100 467 Nat Metropol Bank. 800,000 1,297,284 15,597,451 100 404 407 ____ Columbia State S Bk 200,060 68,386 2,618,161 .100 160 Riggs National Bank 2,500,000 2,156,053 38,499,081 100 478 484 Community State Bk 200.000 57,565 1,676,379 i no Second Nat Bank__ 361,570 5,333,287 100 250 500,000 Cosmopolitan St B k. 750,000 556,722 12,361,110 100 225 235 Secur Sav & Com Bk 332,308 4,786.391 100 365 300,000 100 160 Cottage Grove St Bk 200,000 126,759 3,430,097 Wash’ton Sav’s Bk _ 10 285 31,972 639,859 100,000 Cragin State B an k.. l60,000 21,313 1,224,766 100 Amer Secur & Tr C o. 3,400,000 3,370,838 29,273,037 100 372 375 195 Depositors State B k. 350,000 275,000 5,396,311 100 189 Continental Trust Co 1,000,000 177,169 2,812,227 100 105 >3 107 Division State Bank. 260,000 201,487 2,763,032 100 Nat’l Sav & Tr C o._ 1,000,000 62,491,409 10,995,470 100 495 135 Douglass Nat Bank. 200,000 43,121 1,519,739 100 105 Munsey Trust C o__ 2,000,000 1,078,142 5,129,751 l on Drexel State B an k.. 356,6o6 a426,491 8.607,781 100 246 Union Trust C o_____ 2,000,000 963,125 7,311,128 100 237 Drovers Nat B an k.. 1,006,000 579,613 20,566,322 100 222 United States Sav Bk 228,423 2,141.495 100 500 100,000 — First Enelew Slate Bk 200,000 136,488 3,332,494 100 185 Wash Loan & Tr C o. 1,000.000 2,213,849 13,625,405 100 475 500 1,371.531 First Italian State Bk l60,000 55,681 First National B an k.[15,000,000 19,419,765 158,285,202 100 650 FLORIDA— National banks Dec. 31; State institutions June 30. 425 First Nat Englewood 200,000 644,911 7.067.420 100 4)5 512 Jacksonville— Per share. Foreman Nat Bank. 4,000,000 5,237,621 85,749,520 100 505 Atlantic Nat Bank 180 919,237 44,454,213 100 250 Fullerton State Bank 250,000 139,873 3,645,631 100 170 2,000,000 Barnett N B of Jack. 1,000,000 1,351,492 25,070,561 100 300 3 0 6 " Garfield Park St S Bk 500,000 263,822 6,185,365 100 178 188 Citizens Bank______ 102,844 2,483,178 100 300 100,000 Guardian Nat Bank. 1,000,000 250,000 3,745,539 100 Florida Nat Bank__ 1.000,000 1,205,749 27,951,368 100 210 225 Halsted St State B k. 200,000 257,262 3,606,697 100 290 300 People’s Bank______ 125 105,995 5,151,879 100 200 225 Hamilton State B k .. 205,6o6 55,102 300,000 1,338,485 100 115 Harbor State B ank.. 100,000 29,585 1,024,412 100 Lakeland— Hill State Bank_____ 200.000 71,191 2.265.421 100 First National Bank174,334 2,874,892 100 350 400 100,000 Humboldt State Bk_ 300,000 92,241 4,050,669 100 180 State Bk o f Lakeland 150,000 148,361 2,820,574 100 200 250 Hyde Park State B k. 300,000 386,263 5,252,364 100 300 143 Immel State B an k.. 200,600 60,897 2,005,503 100 136 Miami— Immigrant State B k. 200,000 71,582 1,162,848 ion Bk of Bay Biscayne 1,000,000 1,079,758 33,703,720 100 Independence St B k. 400,000 200,854 5,420,594 100 195 205 City N at.B k & T r Co 2,000,000 300 566,448 10,835,687 100 Irving Park Nat Bk200,006 188,100 4,225,243 100 290 First National Bank- 1,200.000 1,523,260 41,750,164 100 Irving State Savs Bk 200,000 51,993 1,530,435 100 First Tr & Sav Bank. 297,946 4,045,591 100 Jackson Park Nat Bk 260,600 25,468 300.000 1,361,995 100 Miami Beach First Jefferson Park N a t .. 256,000 156,141 4,194,541 100 250 National Bank__ 256,112 4,216,490 100 300.000 Kaspar Amer St B k. 1,600,000 989,794 16,568,193 100 215 225 Southern Bk & Tr Co 129,842 8,530,162 100 100.000 Kenwood Nat Bank. 300,000 368,687 5.201.546 100 280 123 Third N at’l Bank__ 357,606 70,000 Lake State Bank____ 506,660 159,694 4,155,004 loo 118 350.000 Biscayne Trust C o .. 223,038 3,267,493 100 150.000 Lake View State B k . 500,000 330,901 8,413,857 100 230 Trust Co of Florida. . {/26.303 100 392,004 200.000 Lawndale Nat Bank. 250.000 204,605 6.099.108 100 O rlando— Lawndale State B k .. 500,000 221,423 4,904,360 ion 410 Bk of Orange & Tr Co 2,691,696 100 112,641 140 200,000 Lincoln State Bank. 406,666 a78,879 3.510.546 100 135 First Nat Bk in Orlan 165,154 3,177,187 100 1275 100,000 Logan Sq St & SavBk 200,000 84,503 3,053,219 ion 165 Orlando Bk & Tr C o. 100,000 e l92,062 4,711,619 100 Mad & Ked State Bk 1,000,000 578,040 11,870,339 100 245 255 155 8t Bk o f Orl & Tr Co 189,742 6,896,559 100 100.000 Mad Sq State Bank. 300,000 81,782 2,644,426 100 150 St. A ugu stin e— 145 Market Trad St B k. 400,000 126,340 2,831,854 100 140 First National Bank. 82,843 3,744,268 100 130.000 Marquette Pk St Bk 366,060 185,524 2,44d,178 100 305 325 People’s Bk for Sav. . 1,630,652 100 25.000 el31,118 Marshall Sq State Bk 266,006 61,851 1.541.109 ion St Augustine Nat Bk 56,354 2,579,615 100 50.000 Metrop State Bank. 200,000 181,096 3,096,903 100 165 295 The Commercial Bk. 1,025,946 100 32,690 30.000 Mutual Nat Bk of Ch 300,000 231,865 4,560,596 100 285 St. Petersburg— Nat Bk of Republic- 4,000,000 2,715,244 94,799,345 100 297 300 Alexander Nat Bank 200.000 74,890 2,394,015 100 200 225 Nat Bk of Woodlawn 300,000 t>151,976 3,724,096 100 210 220 182 American Bk & Tr Co 536,100 5,046,191 100 200,000 Nat Bk of Comm’ce. 806,666 303,321 6,231,235 100 179 Cent Nat Bk & Tr Co 7,704,749 100 701,111 300.000 North Ave State B k. 400,000 313,640 9,161,974 100 180 First National Bank. 100 240 600.000 632,766 10,807,986 100 Noel State Bank___ 1,006,600 407,445 100 100 92 Tampa— Ogden National Bank 200.000 44,427 Citizens Bank & Tr__ 1.000.000 e l,607,580 22,821,835 100 People'sStkY’dsStBk 1,000.000 551,628 15,663,267 100 264 268 Exchange Nat Bank. 1,000,000 432,310 14,859,420 100 rhillip State Bk & Tr 400.000 190,086 3,726,548 100 188 192 First National Bank- 1,200,000 1,150,642 17,050,961 100 1160 Pioneer Tr & Sav Bk 750,000 398,012 11,327,436 100 265 275 First Sav & Trust Co 307,199 2,209,949 100 Portage Park N a t B k 2 0 0 ,0 0 0 &40, 67 500.000 1,414,954 100 Nat City Bk, Tampa 5 ,4 1 0 ,0 4 9 100 4 0 0 .0 0 0 500.000 Prudential St Savs Bk 2 0 0 ,0 0 0 199,465 3,620,433 100 205 215 W est Palm .Beach Public State Bank__ 266.666 55,731 1.175,973 100 The Citizens B an k.. 228.000 2,669,334 100 400 100.000 Reliance State Bank. 750,000 479,199 9,868,063 100 250 260 Farmers Bk & Tr C o. 100,000 1,052,113 14,588,383 100 2000 2500 Roseland State SBk_ 200,000 244,972 4,100,782 100 300 320 First Am Bk & Tr Co i 100 290 300 300,000 C413.367 9,507,353 100 SchiffTr & Sav Bank 500.666 201,332 ' 100 165 180 Second Citizens St Bk 200,000 71,963 2d N W State Bank. 200.000 129,353 2,983,931 1 100 175 1 100 Second Security B k. 356.6o6 341,462 OS CHOI A— National banks Dec. 31; State institutions Dec. 27. ! 100 360 Security Bank______ 700.000 568,855 Service State Bank. . 100,000 HO.002 1,269.594 Per share A tlanta— Skala State Bank__ 200.000 64,017 American Sav Bank 400,000 3no 125 1,386,044 100 a85,000 200,000 So Chicago Sav Bk_. 800,000 464,006 7,179,625 100 300 310 Atl & Lowry Nat B k. 4.000,000 3,716,789 48,578,340 100 315 320 South Side Tr & Sav. 750,6()6 345,351 236 Citizens & South Bk 3,000,000 3,178,600 61,107,983 I 255 265 9,473,677 100 233 150 Southwest State Bk. 200,000 106,772 3,219,970 100 143 Fourth Nat Bank__ 1,200,000 2,611,376 35,679,629 100 335 345 788 State Bk of Chicago. 2,500.666 7,595,684 57,749,917 100 782 Fulton Nat Bank ... 385,432 9,882,234 100 135 140 750,000 279 Stock Yards Nat B k. 1,356,660 671,357 18,777,137 100 275 Ga Sav Bk & Tr C o . „ 500,000 a478,415 3,495,293 100 225 235 Stk Yds Tr & Sav Bk 337.500 352,748 10,366,858 100 455 Atlanta Trust Co 5,015,060 100 130 1.500,000 a7 1 9 ,lll 135 Stony Isl State S Bk 400,000 258,916 3,750,027 100 215 225 7,424,245 100 2,000,000 1,892,127 Transportation Bank 250,000 34,997 1,960,172 100 Per share. 26th St State B an k.. A ugusta— 260,600 62,206 2,246,693 100 165 Union Bank of Chic. 1,000.000 1,072,276 9,501,402 100 262 533,879 10,535,936 100 1,000,000 255 Union StateBkofSCh 266,660 al45,3G2 3,693,108 100 185 200 Citizens & South B k. 3,000.000 3,178,600 61,107,983 t United State B an k .. 266,6 o 6 231,288 3,368,215 100 240 250 Nat Exchange Bank. 3,056,879 100 100 105 400,000 212,261 Union Savings Bank. Univ St Bk of C h ic.. 300,000 153,091 2,811,377 100 15<> 160 1,705,200 100 140 100,000 a l l 1,823 165 Per share. Washington Pk N Bk 800,000 362,277 12,092,630 100 257 Colum bus— 260 140 W Englewood Nat Bk 260,600 64,276 Col Sav Bk & Tr C o. 250,000 a252,627 3,134,915 100 135 220 999,469 100 210 Fourth Nat Bank. . 1,446,321 too 120 West Engl’wTr&SBk 566,666 445,759 5,258,627 100 325 335 300,000 6156,365 125 Home Savings Bank. W Highland State Bk 200,006 122,904 100.000 678,600 1,480,000 100 140 145 1,207,488 100 Merch & Mech Bank West Madison St Bk 300,000 a77,888 2,222,329 100 1,713,592 100 190 200,000 a310,121 195 First Nat Bk of C ol. 218,502 West Side Nat Bank 200,000 76,659 3,025,468 100 126 131 200,000 1,382,348 100 125 140 Third National Bank West Town State Bk 506,660 374,819 5,656,926 100 255 500,000 553,929 2,226,515 100 125 140 Per share. Amalg Tr & Savs Bk M acon— 200,000 159,645 2,837,294 100 260 262 Citizens & Sou Bank 3,000,000 3,178,600 61,107,983 Auburn Pk Tr & S Bk 366,600 al36,343 100 100 160 Fourth Nat Bank. . Bway Tr & Savs B k. 266,600 47,944 500,000 170 502,875 11,351,069 100 HO 16 ) Macon Nat Bank Calumet Tr & Sav Bk 260,000 46,732 200,000 6248,796 4,035,565 100 195 200 1,518,219 100 200 210 Macon Savings Bk_. Central Tr Co of 111. 6,000,000 4,624,992 95,368,802 100 3)2 50,000 0161,000 564,000 100 265 300 305 Savannah— Per share. Chic City Bk & Tr Co 1,000,000 1,138,638 100 315 340 Citizens’ & Sou Bank 3.000,000 3,178,600 61,107,983 100 255 260 100 302 307 Chicago Trust C o__ 2,600,000 1,678,181 Exchange Bank . _ 250,000 al42,000 2,120,000 100 115 130 Citizens Tr & Sav Bk 266,600 55,407 100 Liberty Bk & Tr C o. 100 300,000 650,818 5,292,753 100 190 200 Commerce Tr & S Bk 200,060 a55,387 Savannah Bk & TrCo 100 160 700,000 Commonw T & S Bk 777,102 5,337,678 100 266,666 aG5.841 165 Citizens' Bk & Tr Co Cont & Com Tr & SB 5,000,000 11,707,559 100 300,000 95,111 1,560,960 100 100 105 Devon Tr & Savs B k ___ 200,000 66,136 100 120 130 * Sale price, t Branch o f Savannah. a Oct. 11 1926. 6 June 30 1926. c April 12 1926. d Dec. 31 1925 g Partial payments. (Last sale' ( New stock, z Ex div. ILLINOIS— (C on clu ded). Capital. C hicago (Concl.) Drovers Tr & Sav Bk East Side Tr & S Bk. Equitable Trust C o. Fidelity Tr & Sav Bk First Tr & Sav Bank. Foreman Tr & S Bk Franklin Tr & S Bk Greenebaum Sons’ Bank & Trust C o. Guarantee Tr & Sav Harris Tr & Sav B k. Home Bank & Tr Co Howard Ave T & S Bk Illinois Merch Tr Co Inland Tr & Sav Bk. Italian Tr & Savs Bk Keystone Tr & Sav Kimbell Tr & Sav Bk Lake Shore Tr & S B Lakeview Tr & S B Liberty Tr & Sav Bk Lincoln Tr & Sav Bk Mercantile Tr & Sav Mid-City Tr & S Bk. Northcenter Tr & S B Northern Trust Co Northw'n Tr & S Bk Peoples’ Tr & Sav Bk Pullman Tr & Sav Bk Sheridan Tr & SavBk South West Tr & Sav Standard Tr&Sav Bk Stockmen’s Tr & S B Union Trust C o. W Side Tr & Sav Bk Woodlawn Tr & S Bk Elgin— Elgin National Bank First National Bank Home National Bank Union National Bank Elgin City B ’k’g C o. Home Tr & Sav Bk P e o r ia Central Nat Bank Commercial Nat Bk Dime Sav & Trust Co First National Bank Home Sav & State State Trust & Sav Bk Merch & 111 Nat Bk First Trust & Sav Bk Q u in cy— Illinois State Bank Quincy R N Bk & Tr State St Bk & Tr Co Mercantile T r & S B State Sav L & Tr Co R ock ford — Commercial Nat Bk Forest City Nat Bk. Manufac’rs Nat Bank Peoples Bk & Tr C o. Rockford Nat Bank Security Nat Bank. Swedish-Am Nat Bk Third National Bank S p r in g fie ld First National Bank. Illinois Nat Bank__ Ridgely-Farm’s S Bk Sp’gfield Marine___ First State Tr & S Bk 57 BANKS AND TRUST COMPANIES F eb., 1927.] Gross Surplus. & Deposits. Profits IOW A— (C on clu ded) Par $ $ % 250.000 7,851,059 663,639 200.000 150.602 1,380,737 250,000 89,53^ 3,337,038 5,434,907 400,000 190,813 7,500,000 11,494,972 121,028,049 1,000.000 1,447,00) 15,156,219 300,000 5,416,373 622,381 100 i or 10< 1UU 100 100 10( 1,500,00C 300,00C 4.000.00C 1,000,00C 200,00C 15,000,000 300.000 200.000 200,000 200,000 500,000 500,000 700,000 200,000 600,000 750,000 100,000 2.000,000 1,000.000 1,000,000 500,000 1,000,000 350,000 1,000,000 200.000 3,000,000 700,000 500,000 1,586,110 423,652 5,259,405 729,109 45,898 30,256,066 125,952 34,019 82,369 190.019 302,091 861,169 310,676 253,883 382,357 376,069 34,194 5,820,763 1,067,703 837,087 511,966 424,145 147,613 1,122,376 227,090 4,407,846 350,105 395,553 30,088,172 3,281,281 76,774,065 9,110,651 1,113,251 373,654,179 2,389,044 1,527,348 1,668,738 4,720,968 8,887,903 12,379,091 10,521,56C 4,041,122 10,987,218 14,423,289 1,355,317 54,939,119 19,603,261 23,608,260 5,690,922 11,053,204 5,152,472 18,806,860 2,774,079 77,029,633 14,086,946 9,415,785 10C 1()( 101 10( 101 1<>< 100 100 101 10( 10C 10C 10C 101 10(1 10(1 100 100 10(1 10(1 100 100 100 100 100 100 100 100 200,000 200,000 150.000 100.000 150.000 100.000 242,971 6212,876 326,364 690,000 353,157 229,715 2,254,171 2,431,709 2,535,528 900,000 2,711,948 1,884,735 100 100 100 100 100 100 300,000 1,125,000 250,000 550,000 250,000 400.000 500,000 200,000 757,878 1,126,219 281,989 1,147,051 178,459 0173,823 841,269 450,784 300,000 500,000 500,000 200,000 1,000,009 202,192 151,006 89,490 0149,123 633,820 200,000 300,000 400,000 250,000 750,000 200,000 125,000 500.000 89,316 319,764 525,476 232,514 890,834 122,502 268,705 403,957 500.000 300.000 600.000 500.000 500.000 6241,073 153,799 329,161 551,061 0305,448 INDIANA— National banks Dec. Evansville— Citizens’ Nat Bank. . 500,00C Lamasco Bank . 100.00C National City Bank 500,00C Mercantile Com’l Bk 200.00C North Side Bank 100,OOC Old Nat B a n k . __ 500.00C West Side Bank___ 250,000 Am Tr & Sav Bank. 250,000 Citizens Tr & S Bk 100,000 Fort W ayne— First National Bank. 1,000,000 Lincoln Nat Bank__ 300,000 Old National Bank 500.000 Citizens’ Trust Co . 300,000 Dime Savs & Tr C o. 225,000 Farmers Trust Co 200,000 Lincoln Trust Co . . 500,000 People’s Tr & Sav Co 200,000 Tri-State L & Tr Co 500,000 Indian apolis—• 100,000 Continental Nat B k. 400,000 Fletcher-Am Nat Bk 4,000,000 Indiana Nat Bank . 2,000,000 Live Stock Ex Bank 200,000 Marion Co State Bk. 50,000 Merchants’ Nat Bk 1,250,000 Meyer-Kiser Bank 200,000 People's State Bank. 125,000 Aetna Tr & Sav C o. . 250,000 Bankers Trust Co . . 250,000 City Trust Co 250,000 Farmers Trust C o .. 300,000 Fidelity Trust Co__ 100,000 Fletcher Sav& Tr 1,500,000 Indiana Trust C o. _ 1,000,000 State Sav & Tr C o. 375,000 Security Trust Co . 200,000 Union Trust C o. . 600.000 Wash Bank & Tr C o. 100,000 Wild & Co State Bk 100,000 Terre H aute— First National Bank 700,000 McKeen Nat Bank 500,000 Terre Haute Nat Bk 300.000 Citizens Trust C o__ 400,000 Terre Haute Trust. _ 500,000 United States Tr C o. 500.000 Bid. Per share 475 _ 140 150 190 200 300 635 280 500 293 297 695 136 698 143 135 175 260 375 220 235 235 255 140 510 400 340 255 300 150 242 195 448 263 260 5,324.573 100 350 9,148,113 100 375 3,030,049 100 360 6,461,821 100 375 3,079,919 100 180 1,779,188 100 125 6,400,905 100 300 3,203,691 100 375 Per 3,219,257 100 190 4,752,620 100 130 3,766,432 100 135 2,548,381 100 160 7,675,536 100 185 650 385 230 240 520 350 265 305 248 453 270 360 390 315 385 185 127 310 385 share. 200 135 150 170 200 1,145,079 100 . . . l 130 3,594,245 100 _____l 225 5,093,183 100 _____l 200 3,505,407 100 _____l 200 9,153,186 100 _____l 275 2,275,786 100 _____l 150 3,321,265 100 _____l 100 4,961,063 100 . . . / 190 Per share. 5,845,794 100 4,789,030 100 7,196,926 100 7,379,896 100 5.015,935 100 31; State institutions Dec. 31; Per r561,854 12,311,576 1Of 240 1,458,564 lf>< 170 660,000 313,116 6,950,595 10< 200 657,628 2,094,632 1<)( 115 1,731,866 10C 100 634,179 6315,409 8,238,785 101 200 6214,240 4,877,695 100 180 6197,155 3,009,140 10C 200 r561,854 12,311,576 10C 240 Per 568,362 13,795,315 10(1 220 465,611 6,863,900 10(1 275 650,797 8,724,950 10(1 350 276,750 4,919,452 10(1 210 1,288,613 10(1 145 80,000 60,339 1,685,032 100 140 374,071 5,298,083 10(1 225 523,230 5,500,299 100 330 938,004 14,080,038 100 350 75,123 150,283 1,187,824 2,743,685 114,000 30,538 1.925,098 611.471 141,577 62,056 173,365 95,823 231,458 125,000 1,535,661 1,278,928 53,571 339,446 1,888,155 61,293 128,335 1,064,941 5,570,682 34,263,322 28,008,864 1,075,446 1,353,380 12,304 ,656 5,796,745 3,215,726 2,038,903 3,648,154 2,270,994 1,629,252 2,103,394 23,209,269 11,541,504 1,816,580 4,616,643 11,391,606 2,213,594 5,077,456 434,507 6561,576 345,272 6157,285 858,791 357,114 4,306,505 3,292,643 3,378,062 2,742,863 8,456,761 4,271,748 100 100 114 100 170 100 269 100 160 10(1 170 100 320 100 100 245 100 114 100 130 100 140 100 237 100 154 100 250 100 228 100 84 100 250 100 400 100 156 100 No minal 100 170 100 210 100 235 100 135 100 285 100 160 Capital. Ask. z>are. 250 175 225 120 100 225 200 225 share. 235 280 360 220 155 150 235 350 360 272 170 t ----- 250 94 428 X___ prices 185 215 250 150 300 165 Cedar R apids—■ Ced Rapids Nat Bk Ced Rap SBk&Tr Co Iowa State Sav Bk_ _ Merchants’ Nat Bk_ People’s Sav B an k.. Security Sav B an k.. Amer Tr & Sav B k . _ 500.000 200.000 200,000 500.000 100.000 200,000 200.000 C ou n cil B lu ffs— City National Bank. Coun Bluff Sav B k._ First National Bank. State Savings Bank- 120,000 150.000 300.000 100.000 Surplus & Profits. Gross Deposits. P ar. Bid. 99,987 214,967 50,766 152,763 2,337,969 3,774,466 3,405,644 4,278,573 100 100 100 100 Per share. Davenport— Per share. Amer Com & Sav Bk 1,000,000 1,189,617 22,859,476 100 First National Bank. 400.000 362,631 5,457,860 100 Home Savings Bank. 50,000 681,352 1,264,615 100 Iowa National Bank 150.000 193,277 4,226,442 100 American Trust C o. 100.000 145,625 573,877 100 Union Sav Bk &TrCo 1,250,000 61,362,234 18,553,921 100 Citizens’ Tr & S Bk. 150,000 6101,204 1,581,481 100 Des M oines— No minal Bankers Trust C o__ 1,000,000 262,168 4,000,531 100 Cap City State Bank 150.000 102,122 3,115,251 100 Central State B an k .. 250.000 290,335 7,624,553 100 Des Moines Nat B k. 1,000,000 413,046 14,302,511 100 Des Moines S B & Tr 400.000 215,004 6,353,784 100 Home Savings Bank. 100.000 61,546 2,062,272 100 Iowa Trust & Sav Bk 100,000 631,010 1,713,794 100 Iowa National Bank. 1,200,000 837,164 14,412,946 100 People’s Sav B an k.. 100,000 287,347 3,844,242 100 University State B k. 616,902 446,671 100 Valley Nat Bank___ uuu.uuu 203,142 5,638,945 100 Valley Sav Bank____ 235,169 3,158,141 100 150.000 Central Trust C o__ 500.000 6168,878 698,670 100 D u bu q u e—• Per share. Consol Nat Bank__ 500.000 100,000 6,249,946 100 150 160 First National Bank200.000 307,387 4,796,860 100 260 Pioneer Tr & Sav Bk 175 150.000 697,354 1,297,284 100 Union Tr & Sav Bank 150.000 288,383 3,645,460 100 200 2 2 5 Iowa Trust & Sav Bk 300.000 220,000 2,802,556 100 175 200 Sioux C ity—, Per share. First National Bank. 1,000,000 9,343,489 100 172,877 Live Stock Nat Bank 124,494 200.000 4,999,515 100 Toy Nat Bank______ 200,000 98,030 4,076,284 100 Sioux Nat Bank____ 400.000 102,196 4,525,455 100 Security Nat B an k.. 313,467 4,451,332 100 250.000 Woodbury Co Sav Bk 100.000 209,345 3,436,101 100 Farmers’ L & Tr C o. 100,000 636,785 3,917,324 100 First Trust & S B k .. 25,622 100,000 922,346 100 KANSAS— National banks Dec. 31; State institutions Dec. Kansas City—Commercial Nat Bk. 600,000 245,861 9,036,286 Exchange State Bank 200,000 2,760,124 682,909 Commerc’l State Bk. 100,000 1,557,002 106,187 People's Nat Bank . 200,000 74,898 2,634,519 Riverview State Bk 100,000 6148,418 2,403,962 T opeka— Central Nat Bank__ 500.000 147,522 6,054,785 Farmers’ Nat Bank100.000 30,114 1,129,366 Fidelity Sav State Bk 200,000 14,315 2,167,566 Kaw Valley Nat Bk. 100,000 652,302 29,325 Merchants’ Nat B k. 133,431 4,638,772 200,000 Nat Bank of Topeka. 500.000 326,867 7,684,661 Shawnee State Bank. 60,000 21,656 731,811 State Savings Bank. 100.000 680,000 2,100,000 Topeka State B an k.. 50,000 92,265 1,782,547 Central Trust C o__ 400,000 209,128 1,891,335 W ich ita— First National Bank- 1,000,000 1,000,000 17,815,591 First Trust C o. . 100,000 6121,000 728,000 Fourth Nat Bank 1,000,000 433,609 12,092,601 Merch State Bank. 83,272 1,686,044 100.000 State Reserve Bank 1,981,036 250,000 105,186 Southwest Nat Bank 200,000 45,923 1,459,008 Union Nat Bank__ 200,000 33,846 1,337,061 Union Stock Yds Nat 667,820 28,498 100,000 Wichita State Bank. 100,000 33,609 1,768,016 27. 10(1 100 100 100 100 p er share 190 200 200 160 210 175 275 290 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 175 125 100 125 225 200 90 125 150 110 KENTUCKY— National banks Dec. 31; State institutions June 30. C ovington— Per share. Cent Savs Bk & TrCo 6 0 ,0 0 0 C 3 6 .5 9 4 1 , 9 5 0 ,8 7 6 Citizens' Nat B an k.. 2 0 0 ,0 0 0 6 3 0 8 ,2 9 1 2 ,5 4 9 ,3 4 8 100 2 3 0 250 First National Bank 5 0 0 ,0 0 0 100 2 1 0 6 4 6 9 ,8 5 8 5 ,4 5 5 ,9 9 0 225 Liberty Nat Bank__ 3 5 0 ,0 0 0 100 12714 130 6 1 8 5 ,0 0 0 4 ,7 5 1 ,1 8 0 CovingtonTr&BkgCo 1 0 0 ,0 0 0 C 1 6 6 .2 1 1 2 ,0 0 2 ,1 3 6 100 175 180 People’s S Bk & T r .. 1 0 0 ,0 0 0 C 1 7 1 .0 8 1 1 , 8 1 8 ,3 6 6 100 1 1 5 120 L exington— Per share Bank of Comm erce.. 100 1 6 4 3 0 0 ,0 0 0 2 6 1 ,6 8 1 2 ,8 1 6 ,1 9 7 166 Fayette Nat B an k.. 100 1 r,8 3 0 0 ,0 0 0 6 3 3 5 ,0 6 4 3 ,2 4 6 ,4 3 0 First & City Nat B k. 100 1 9 1 1 4 1 9 5 8 0 0 ,0 0 0 6 4 5 0 ,0 0 0 2 ,5 9 1 ,5 9 6 Guaranty Bank & Tr 3 0 0 .0 0 0 r-1 6 ,5 1 7 2 ,6 4 6 .7 3 9 100 105 Phoenix Nat Bk & Tr 1 ,0 0 0 ,0 0 0 6 5 3 1 ,6 0 1 100 182 14 185 5 ,1 4 7 .4 2 5 Second Nat Bank__ 1 5 0 ,0 0 0 6 2 5 7 ,4 3 4 250 1 , 3 2 2 , 4 0 0 100 2 2 5 Union Bank & Tr Co 1 5 0 ,0 0 0 C 1 3 6 .1 0 5 1 ,9 7 5 , 8 3 9 100 3 0 1 315 Security Trust Co 5 0 0 ,0 0 0 C 2 0 4 .1 2 4 2 ,4 9 0 ,6 2 0 100 42 5 Louisville— Per share Citizens’ Union N B . 1 , 0 0 0 ,0 0 0 2 , 0 2 0 , 8 4 6 2 5 , 8 5 1 , 6 4 1 100 4 8 0 First National Bank. 5 0 0 ,0 0 0 100 6 0 ) 6 9 9 ,5 5 7 1 3 , 2 1 9 , 5 2 8 Liberty Ins Bank__ 5 0 0 ,0 0 0 d l ,3 7 3 ,4 0 2 1 9 ,1 1 4 .4 6 2 100 5 5 0 Security Bank 3 0 0 ,0 0 0 100 2 7 5 C 3 4 4 .9 7 5 2 ,1 2 6 .1 8 0 290 KentuckyTitle Tr Co , 2 5 0 . 0 0 0 ! d l ,2 6 0 ,3 1 1 4 , 3 0 6 , 5 2 7 (1 0 0 90 \ 1 0 0 .0 0 0 / 1 10 0 Lincoln Bank & T r .. 7 5 0 ,0 0 0 (1 3 6 5 ,9 6 5 7 ,3 1 6 ,6 6 9 100 1 6 0 165 Louisv Nat Bank _. 5 0 0 ,0 0 0 5 1 9 ,5 5 8 100 2 5 5 9 .2 6 9 ,4 1 9 Nat Bk of Kentucky. 2 , 5 0 0 , 0 0 0 4 , 7 0 0 , 5 8 0 4 5 , 6 9 6 , 9 9 7 100 4 0 0 Stock Yards Bank__ 1 0 0 ,0 0 0 7 7 ,4 2 0 100 1 8 7 9 1 4 ,3 9 5 200 Bankers Trust C o__ 2 5 0 ,0 0 0 d 3 4 ,0 9 4 7 3 8 ,3 0 5 1 0 0 114 Fidelity & Colum T r. 2 ,0 0 0 , 0 0 0 d l ,4 8 9 ,3 1 0 5 ,0 0 0 ,1 5 4 100 215 Louisville Trust Co _ _ 1 ,0 0 0 ,0 0 0 (6 5 6 ,7 6 4 5 ,8 8 6 ,7 2 4 100 2 6 0 United States Tr Co 3 5 0 ,0 0 0 d 2 0 4 ,9 7 1 1 ,2 7 1 ,8 8 7 100 155 N ewport— Per share American Nat Bank. 1 0 0 ,0 0 0 6 1 9 6 ,4 9 9 1 ,4 5 9 ,9 4 4 1 0 0 2 2 0 225 Newport Nat B an k.. 1 0 0 ,0 0 0 3 4 5 ,0 0 0 2 ,9 8 3 ,1 5 0 100 200 LOUISIANA— National Banks Dec. 3 1 ; State institutions Dec. 31 New Orleans— Per American Bank & Tr 340,171 500,000 7.110,469 100 171 Canal Bank & Trust IO W A — National banks Dec. 31; State institutions Dec. 31. C o_______________ 4,750,000 3,315,708 76,463,073 100 250 B urlington— Nom inal Int-State Tr & B C o. 750,000 1.078,923 13,719,888 100 335 Amer S Bk & Tr C o. 300,000 »631,786 4,829,406 100 300 315 New Orl Bk & Tr C o. 1,200,000 406,486 7,004,022 100 zl58 Burlington Sav Bk. 100,000 <?133,727 2,459,385 100 200 210 Marine Bk & Tr C o. 2,000,000 1,256,254 26,192,911 100 190 Farmers & Merch S B 50,000 647,000 1,317,243 100 200 Whitney-Cent N B . . 2,800,000 5,200,721 61,518,448 100 325 First Iowa State Tr Hibernia Bk & Tr Co 2,000,000 2,720,443 52,032,194 100 340 Sav Bank. . .. 600,000 671,313 9,701,245 100 200 210 Whitney-Cent Tr & 1,992,101 100 200 210 Merchants’ Nat B k. 100.000 103.761 Savings Bank___ 1,000,000 5,200.721 61.518,448 100 * Sale price. J Private banks, stocks closely held, a Oct. 11 1926. 6 June 30 1926 c Oct. 15 1926. d Dec. 31 1926 e Sept. 8 It Dec. 31 1925. I Last sale, r Consolidated statement. zE x-div. Ask. Per share. $ S 6405,572 11,510,920 100 250 196,572 3,856,303 100 190 200 655,214 2,915,961 100 180 200 k588,774 12,746,027 100 230 677,888 1,768,801 100 ____ l 180 6166,437 3,060,417 100 225 250 6162,867 3,390,046 100 267 275 share 180 255 162 1925. 58 BANKS AND TRUST COMPANIES MASSACHUSETTS— (Concluded) LOUISIANA (Concluded) C a p ita l. S u r p lu s & P r o fits . Shreveport— American Bk & T Co 150.000 American Nat Bank. 300.000 First National Bank- 1.000,000 C ity Sav Bk & Tr Co 500.000 Commercial Nat B k. 1.000,000 Exchange Nat Bank. 200.000 Exchange Bk & Tr Co 100,000 Oontln’l B & Tr Oo._ 300,000 49,258 92,172 536,457 585,116 588,770 56,149 22,935 205,602 C ross D e p o s its . $ 1,194,415 2,497,242 12,521,195 8,545,829 18,149,912 3,152,804 1,386,870 4,951,235 MAINE— N a t i o n a l b a n k s Bangor— First National Bank. Merchants’ Nat B k. Eastern Tr & Bkg Co Merrill Trust C o____ $ 400.000 100,000 175,000 500,000 Portland— Canal Nat Bank____ Chapman Nat Bank. First National Bank. Portland Nat Bank. Fidelity Trust C o__ Casco-Mercantile Tr Forest City Tr C o__ Union 8 D & Tr C o .. 600,000 601,114 3,887,495 300.000 171,696 6,729,442 600,000 581,376 9,240,693 9,632,472 300,000 945,878 400,000 1,056,850 17,866,555 500.000 577,045 13,559,677 150,000 647,313 1,798,727 1,250.898 250,000 6439,199 P ar. B id . P er 50 100 1001 100/ 100 1001 50/ 100 sh a re 80 160 340 83 165 350 215 200 225 220 187 265 D e c . 31: S t a t e i n s t i t u t i o n s D e c . 31. P er sh a re 85 460,495 6,923,139 100 244,045 2,979,590 100 280 939,895 6,622,122 100 _____ l 500 6539,487 12,107,826 100 280 320 100 100 100 100 100 100 100 100 130 140 135 300 300 160 95 300 135 150 140 350 360 180 100 350 Beverly— Beverly Nat Bank. Beverly Trust C o ... 300,000 100,000 423,562 47,881 3,405,495 100 155 160 c l ,348,836 100 135 M 140 Brockton— Brockton Nat Bank Home Nat Bank___ Plymouth Co Tr Co. 600,000 500,000 200,000 680,382 575,702 125,198 9,512,569 100 200 8,694,841 100 *181 c3,706,839 100 a East Cambridge Lechmere Nat Bank. 5,736,944 100 100,000 d323,157 500,000 1,647,323 cl3,557,353 100 977,245 cl6,900,696 100 500.000 P er sh a re P er sh a re P er 125 sh a re 100,000 187,357 2,067,228 100 l ......... 225 400,000 598,864 5,825,960 100 185 650,000 500,000 800.000 200.000 567,016 376,597 869,148 91,000 4,766,733 4,180,898 c5,134,760 2,913,162 100 152 10(1 120 100 210 10C o c 500,00C 500.000 512,817 650,005 i 150,000 100,000 200,000 210,520 101,182 214,551 Fall River— Fall River Nat Bai c Massasoit-Pocasse Durfee Trust Co__ . Fall River Trust__ Fitchburg— P er P er 4,260,328 100 6,385,584 100 175 sh a re 200 sh a re 150 180 Qloucester-* Glouces 8 D T rC o. sale, 3,001,772 10C 1,605,852 101 c5,203,060 100 C a p ita l. A sk. ■A B 7L A N B — N a t i o n a l b a n k s D e c . 31: S t a t e i n s t i t u t i o n s D e c . 31. Baltim ore— Per share. Balt Comm’l Bank_ 1,000,000 486,491 11,086,790 100 140 141 Calvert Bank_______ 200,000 357,307 7,892,006 50 155 Canton Nat Bank__ 100,000 6125,000 2,900,000 100 210 Citizens’ Nat B an k.. 3,000,000 5,504,023 32,823,334 10 50 52 Chesapeake B of Balt 50,000 6147,928 2,919,728 25 70 Commonw’lth Bank. 300,000 6282,021 8,697,113 50 142 Drov & Mechanics’ National Bank___ 600,000 1,100,482 16,691,500 100 410 425 Farm & Mer N Bank. 650,000 r437,055 7,166,596 40 67 Mercantile Bank__ 200,000 rl2 1 ,259 3,628,120 25 56 Merchants Nat Bank 4,000,000 3,002,421 50,586,645 10 27 M 27 y Nat Bank o f Balt . . 1,500,000 61,379,018 18,358,696 100 260 272 Nat Cent Bk o f Balt. 400,000 6569,496 3,957,976 100 245 255 Nat Marine Bank__ 400,000 6342,884 5,129,927 .30 60 Nat Un Bank o f Md 1,000,000 6986,549 9,695,427 100 200 205 Old Town Nat Bank. 800,000 6262,824 3,824,766 10 n y 2 12J£ Park B a n k _____ . 500,000 10 29 401,169 4,605,939 30 West Baltimore Bank 100.000 140,817 1,880,340 25 60 Western Nat B an k.. 750.000 782,612 6,627,914 20 34 y 35 Baltimore Trust C o. 3,500,000 r4,240,033 50,080,158 50 129M 130)4 Century Trust C o__ 1,000,000 r l ,801,339 7,486,419 100 184H Colonial Trust C o__ 1,937,806 25 65 300,000 252,017 Commerce Trust C o. 750,000 317,885 3,052,885 50 56 57 Continental Tr C o .. 1,350,000 r l ,954,000 10,868,000 100 249 Equitable Trust C o. 1,250,000 1,627,119 20,231,167 25 66 75 Fidelity Trust C o __ 1,000,000 r2,407,000 18,600,000 25 161 Maryland Trust C o. 1,000,000 r810,920 10,539,137 100 197 205 Mercantile Tr & Dep 1.500,000 3,842,943 18,253,572 50 400 Safe Dep & Trust Co 1,200,000 r4,358,710 11,756,069 100 1200 Security Storage & Tr 1,539,794 100 320 350 200,000 r261,319 Title Guar & Tr C o_ 400,000 928,818 9,284,637 100 Union Trust Co____ 1,000.000 1,619,996 25,436,388 50 230 240 Frederick— Citizens’ Nat B an k.. 100,000 798,406 6,352,354 100 1000 Comm'l State Bank. 160,000 40 62 95,000 2,668,291 Farm & Mech N Bk. 125,000 333,064 3,258,140 25 75 Frederick Co Nat Bk 150.000 661,358 2,059,240 15 22 Fr’k Town Sav Inst. 150,000 282,610 3,100,527 100 250 Central Trust C o__ 8,080,712 50 200 _____ 400,000 933,246 MASSACHUSETTS— A'at. b a n k s ( e x c t . B o s t o n ) D ec . 31: S t a t e i n s t s . D e c . 31. Boston— D e p o s i t s o f Nat. banks dale Jan. 26 1927 P er sh a re. Atlantic Nat Bank_ 6,000,000 4,518,888 110,303,000 KM) 260 262 y 2 Boston Nat B an k.. 400,000 100,037 3,641,000 100 115 Brotherhood o f Loc_ Engin Nat B an k.. 500,000 76,108 a3,550,143 100 100 110 Citizens’ Nat Bank 750,000 485,016 8,167,000 100 136 500,000 381,076 6,058,000 100 165 175 509,714 27,555,000 100 133 1.500,000 20,000,000 24,307,188 291,670,000 100 351 353 3,000,000 6,160,513 56,226,000 100 380 1,000,000 2,622,725 19,501,000 100 4 60 10,000,000 7,867,345 164,900,000 100 256 258 2,000,000 4,338,494 38,174,000 KM) 390 1,000,000 1,228,617 12,510,000 100 225 230 1,500,000 2,808,332 26,951,307 KM) 440 226,603 c5,668,847 100 *250 260 750,000 1,500,000 2,215,754 c25,560,613 100 245 1,000,000 3,977,110 18,279,650 100 475 Charlestown Tr C o. 200,000 25,720 c3,396,643 100 165 175 128,223 c2,939,390 100 175 185 100,000 1,000,000 1,037,294 cl7,094,397 100 200 200,000 72,673 c4,608,480 100 125 Liberty Trust C o ... 750,000 761,621 cl 1,465,468 100 214 1,000,000 2,879,746 22,314,382 100 12,000,000 13,296,886 165,472,803 100 335 337 Roxbury Trust. 44,224 1,872,998 100 200,000 105 3,000,000 3,962,217 c64,432,205 100 280 U 8 Trust C o______ 1,000,000 d l , 580,180 cl6,908,445 100 500 Winthrop Trust C o. t/85,659 c2,550,105 100 100,000 Cambridge— [ V o l . 124. 160 1120 200 S u rp lu s & P ro fits. C ross D e p o s its . P ar. B id . Haverhill— Essex National Bank First National Bank. Haverhill Nat Bank. Merrimack Nat Bank Haverhill Trust C o .. $ 100,000 200,000 200.000 240,000 200,000 Holyoke— City National Bank. Holyoke Nat B an k.. Park National Bank. Hadley Falls Tr C o .. 500,000 400,000 100.000 500,000 6336,000 4,922,000 6223,093 8,606,723 6152,799 1,952,085 487,986 cl0,835,627 100 100 100 100 150 150 135 170 Lawrence— Bay State Nat Bank. Arlington Trust C o_ Lawrence Trust C o_ Merchants’ Trust Co 600,000 200,000 200,000 300.000 266,905 5,299 269 100 d256,327 7,881,501 100 409,732 11,013,766 100 502,641 c8,628,562 100 225 170 225 206 Lowell— Appleton Nat BankOld Lowell Nat Bank Union National Bank Wamesit Nat Bank. Lowell Trust C o .. . Middlesex Nat Bank 300,000 200,000 350.000 250,000 240,000 200,000 329,883 275,055 946,767 181,943 163,076 125,752 1.609,937 5,327,134 5,196,297 918,564 c3,528,742 4,432,925 100 100 100 100 100 100 138 135 275 120 110 130 L ynn— Central Nat Bank__ Manufac’rs Nat Bk. National City Bank. State National Bank Essex Trust C o ___ Lynn S Dep & Tr Co Sagamore Trust C o. . Security Trust Co__ 200,000 200.000 300,000 200.000 250,000 100,000 125,000 200,000 626,816 324,644 322,013 635,805 507,725 518,980 40,363 633,736 5,899,162 4,674,751 5,483,322 1,514,518 3,081,174 4,074,583 cl ,665,466 c8,030,875 100 100 100 100 100 100 100 100 255 156 170 90 225 400 95 235 $ 313,602 226,939 773,439 348,750 153,344 $ 3,230,147 3,667,509 2,802,489 1,946,306 c3,651,225 Ask. P er 100 150 100 100 100 150 100 P er 115 share. P er P er sh a re. P e r share. New Bedford— First National Bank. 500,000 964,885 10,946,821 ion 286 Merchants’ Nat Bk. 1,000,000 1,882,250 9,751,815 100 355 Safe Deposit Nat Bk 500,000 846,431 7,229,617 100 285 Peabody— Warren Nat Bank__ Salem— Merchants Nat Bank Naumkeag Trust C o. P er 200,000 P er 200,000 250.000 200,000 319,163 469,509 10,690 Springfield— Chapin Nat Bank__ 500,000 Springfield Nat Bank 1,000,000 Third NatBk& TrCo 1.000,000 350.000 Springfield 8 D & Tr 500.000 Union Trust C o____ 1,000.000 West Springfield T r. 150,000 579,866 2,004,919 1,905,018 166,740 1,739,242 1,879,946 167,454 Taunton— Machinists’ Nat B k. Bristol County Tr . . 2,714,641 100 120 256,207 4,110,860 50 87 6,081,718 100 241 1,909,051 100 7,086,729 18,332,283 18,332,280 3,865,227 10,800,364 14,810,231 2,188,063 100 100 10(1 100 100 10(1 100 350 400 1,659,932 100 c5,235,719 100 133 6215,951 238,459 Worcester— Mechanics’ Nat B k .. 805,497 16,454,161 100 400,000 Merchants’ Nat B k. 1,500,000 675,004 26,747,469 lor Bancroft Trust C o_ 300,000 176,015 4,200,28? 1(M WorcesterBk&TrCo. 1.500,000 2,000,000 33,032,422 100 100 175 290 465 P er 200,000 300,000 120 share. 87 P er 275 187 110 290 share. share. 193“ " MICHIGAN— N a t i o n a l b a n k s D e c . 31: S t a t e i n s t i t u t i o n s D e c . 31. Bay City— P er sh a re. Bay City Bank_____ 350,000 302,255 4,939,246 100 170 200 Bay County Sav B k. 400,000 e309,690 6,390,476 100 Farmers’ St Sav B k. 100,000 e50,000 1,400,000 100 5,479,114 100 400,000 6477,111 People’s Commercial & Savings B an k .. 850,133 8,299,529 100 225 300 400,000 D etroit— American State Bank Bank of Detroit____ Central Savgs Bank. Commercial St S Bk. Com’wealth Federal Savings Bank____ Detroit Savings Bank Dime Savings Bank. First National Bank. First State Bank___ Griswold Nat Bank. Highland Pk StateBk Merchants’ Nat Bk Mich St Bk of Detr _ Nat Bk of Commerce Peninsular State B k. People’s State Bank United Savings Bank Wayne Co Ho SavBk American Trust Co__ Bankers Trust C o__ Detroit Trust C o____ Fidelity Trust C o__ Guardian Trust C o. . Guaranty Trust C o_ Security Trust Co__ Union Trust C o_____ P er 890,684 31,496,181 2,000,000 4,000,000 1,451,627 c40,831,709 2,000,000 2,132,297 38,925,127 1,000,000 238,499 c8,071,248 100 100 KM) 100 225 148 300 120 750,000 1,500,000 1.500,000 7.500,000 2,500,000 2,000.000 1,000,000 2,000,000 250,000 2,000,000 2,500,000 6,000,000 1,000,000 5,000,000 500,000 1,000,000 2,000,000 500,000 1,000,000 750,000 1,000,000 2,000,000 sh a re. 150 305 125 311,269 2,731,237 3,558,954 7,239,112 924,522 1,070,096 1,795,662 1,892,644 61,614 3,202,477 2,054,649 14,165,596 461,779 10,511,620 121,167 742,709 6,184,841 625,258 1,124,847 789,016 2,713,092 2,824,807 cl2,494,529 c38,238,814 c60,657,140 99,166,521 c21,080,064 16,203,352 025,641,471 22,764,743 2,826,502 58,970,891 046,656,027 c l3 4 148536 14,254,100 cl04 734614 01,142,035 96,890 021,259,452 07,704,317 012,280,165 0884,606 09,262,436 025,071,635 100 100 10(1 100 100 100 100 l(M) 100 100 100 100 100 inn 100 mo ion 100 inn inn 100 100 140 480 475 410 190 260 375 265 142 430 315 661 240 585 93 317 500 550 440 325 663 360 555 500 365 Grand Rapids— Industrial Bank___ 90,822 50,000 Grand Rap Nat Bank 1,000,000 605,097 Grand Rap Sav Bank 858,492 500,000 Home State Bk for S. 102,712 250,000 Kent State Bank____ 1,000,000 1,056,852 Old National B an k.. 800,000 1,116,591 Grand Rapids Tr C o. 670,478 600,000 c l ,601,221 18,331,582 021,679,879 c4,825,399 020,624,230 13,237,627 0965,944 100 100 100 100 100 100 100 500 204 400 260 305 288 228 Saginaw— Bank o f Saginaw____ 1,000,000 American State Bank 200,000 People’s Sav B an k.. 100,000 Second Nat Bank__ 1,250,000 P er P er 1,285,153 016,844,584 227,54S 4,449,398 138,589 2,352,516 1,720,090 13,790,773 MINNESOTA— N a t i o n a l b a n k s D e c . 31: S t a t e D u lu th—• Amer Exch Nat Bank 2,000,000 1,427,994 200,000 56,469 City National Bank. 526,654 500,000 Duluth Nat Bank__ 97,665 200,000 First National Bank. 2,000,000 2,265,972 Minnesota Nat Bank 165,23/ 600,00( 1 Northern Nat Bank. 1.000,000 467,223 in s titu tio n s 100 225 KM) z 235 10(1 240 100 250 D ec sh a re. 212 268 315 295 235 share. 31. P er 13,007,863 lOf 195 930.49C lot 5.184,674 100 225 1,916,215 10( 150 18,433,53( 10( 275 4,111,46’ 6,717,536 319 share. 10C 130 10C 200 * Sale price, a Dec. 31 1926. b June 30 1926. c Includes savings deposits, d Oct. 30 1926. e Oct. 8 1926. g Includes trust deposits. I Last n Nominal, r Sept. 30 1926. m. s April 12 1926. x Ex-dividend, z Increasing capital stock, offering stockholders new stock at $185 per share. BANKS AND TEUST COMPANIES F e b ., 1927.] MINNESOTA (C o n cl.)— National banks Dec. 31; State institutions Dec. 31; Capital. M inneapolis— First National Bank. Hennepin Co Sav Bk Marquette Nat Bank Metropol Nat Bank. Midland Nat Bk & Tr Minneapolis Trust Co Northwest Nat Bank 2d Northwest State. 4th Northwest State. Marquette Trust C o. Minn Loan & Tr C o. Cross Deposits. Surplus & Profits $ 5,500,000 500.000 200.000 500.000 1.000.000 1.000,000 4.000. 50.000 100.000 200.000 1.000. 5,516 ,037 354 ,952 c39 ,756 c258 ,743 c669 ,472 1,200 000 2,611 000 ,786 31 260 91 417 62 027 1,755 000 955 Par. Bid. 82,581 ,535 10,422 ,163 1,567 640 11,601 602 21,393 ,511 14,606 ,712 78,042 329 1,181 485 3.418 067 2,108 716 100 20,107 149 100 Per St. Paul— American Nat Bank. 308,785 11,856,264 100 175 400.000 Commercial State Bk 50,000 C150.736 2,596,151 100 450 First National Bank. 3.000. 64,256,228 100 3,543,929 000 2,124,013 Merchants’ Nat B k. 2.000. 41,098,751 100 250 000 116,513 4,019,077 100 Nat Exchange Bank. 250.000 8t Paul State B an k.. C52.795 1,384,967 100 150 100.000 902,902 100 150 C43.313 Payne Ave State Bk. 120.000 Stock Yards Nat B k. C80.657 4,197,572 100 150 350.000 Twin Cities Nat B k. 41,263 1.003,691 100 100 200.000 Merch Trust C o____ 410,864 7,200,313 100 500.000 Central Trust C o__ 100 75 024,481 200.000 200 share. 200 260 165 155 175 110 90 MISSISSIPPI— National banks Dec. 31; State Jackson— Capital Nat Bank___ 283,926 200.000 Citizens Sav Bk & Tr 50,000 56,918 First National Bank. 290,182 200,000 88,822 200,000 Merch Bank & Tr Co 713,437 450.000 institutions Dec . 31; Per share. 4,103,540 100 1,309,558 100 3,111,439 100 3,322,009 100 7,688,004 100 315 325 V icksburg— Amer Bank & Tr C o. Citizens’ Nat B an k.. First National Bank. Merchants' Nat Bk. Nat City S B & Tr Co Nat Peop S Bk & T r. Per 25 25 1,180,904 350,000 100 105 2,376,339 100 165 1,695,169 100 250 3,124,194 100 210 2,402,974 100 225 150.000 100,000 300,000 250,000 100,000 100,000 C27.175 C56.000 255,169 315,513 125,249 140,804 share. 25 165 250 210 240 MISSOURI— National banks Dec. 31; State institutions Dec. 31, Kansas C ity— Per share City Bank o f K O .. 100,000 568,675 6,082,220 100 300 Columbia Nat Bank 500.000 62,600 3,837,501 100 96 Liberty Nat B an k.. 500.000 7,514,223 100 160 234,549 Drovers' Nat Bank. 600.000 246,940 8,739,860 100 140 First National Bank 1,000,000 3,519,918 49,577,910 100 675 700 Gate City Nat Bank 220,000 104,437 4,367,309 100 200 225 Interstate Nat Bank 500.000 954,923 10,054,035 100 380 405 Linwood State Bank 100.000 29,267 775,684 100 125 Main St State Bank 100,000 70,311 1,709,725 100 150 Merchants’ B an k.. 200.000 110,155 2,194,333 100 190 210 Metropolitan B an k.. 100,000 152,758 2,755,027 100 180 190 Missouri Sav Assn Bk 100,000 150,000 4,037,403 100 1000 Mutual Bank_______ 100,000 125 75,064 794,024 100 110 New Eng N Bk & Tr 1,000,000 659,103 13,360,788 100 140 150 Produce Exch Bank 100,000 114,347 2,211,866 100 300 325 Traders’ Nat Bank200,000 122,165 5,496,294 100 200 225 Stock Yards Nat Bk 300.000 204,814 3,467,162 100 240 Union State B an k.. 200.000 155 19,052 1,612,561 100 150 Western Exch Bank 250.000 133,138 3,087,054 100 185 205 Westport Ave Bank 100.000 96,294 1,422,862 100 200 Commerce Trust C o. 6,000,000 2,865,774 99,651,202 100 197 203 Fidelity Nat Bk & Tr 2,000,000 1,005,727 27,506,452 100 162 170 Home Trust C o___ 300.000 201,062 6,048,099 100 175 185 Mercantile Trust Co 150.000 124,590 2,192,458 100 375 Peoples Trust C o_. 500.000 57,812 6,089,326 100 125 Pioneer Trust C o .. 267,500 393,441 3,923,753 100 250 255 Fidelity Savs Tr Co 250.000 289,163 5,087,803 100 180 185 Walton Trust C o__ 250.000 137,909 1,068,763 100 150 St. Joseph— Per share. American Nat Bank. 200.000 C327.421 7,876,320 100 350 Burnes Nat Bank__ 200,000 173,371 1200 3,870,389 100 First National Bank 500.000 494,898 6,529,285 100 175 200 St Jos Stock Yds Bk 350.000 d l81,058 3,895,928 100 Tootle-Lacy Nat B k. 200.000 235,700 6,114,670 ’ 00 Empire Trust C o____ 200,000 84,850 2,227,769 100 155 156 First Trust C o______, 100,000 157,083 2,468,189 100 175 200 Missouri Vail Tr O o. 100.000 <2100,669 1,530,404 100 175 200 St. L ouis— Baden Bank________ 200,000 <2178,786 2,507,873 100 185 Boatmen’s Nat Bank 2,000,000 1,042,616 23,018,812 100 150 154 Bremen Bank_____ 200.000 864,359 6,270,086 100 420 Cass Avenue Bank. 200.000 <2365,907 4,945,593 100 265 Cherokee Nat Bank150 200,000 C40.215 1,068,480 100 140 First National Bank. 10,000,000 7,154,037 131,105,126 100 255 257 Franklin Bank____ 1,200,000 616,195 13,478,595 100 167 Grand Nat’l B k__ 700.000 C313.051 5,146,653 100 Internat Bank St L 1,000.000 135 320,738 7,277,327 100 125 Jefferson Bank_____ 200.000 275 295,865 4,524,380 100 267 Jeff-Gravois B ank.I 200,000 <2197,670 4,363,043 100 2o0 210 Lafayette So Side Bk 2,000.000 1,369,173 25,387,576 100 280 290 Lowell Bank_______ 200,000 185 222,078 3,882,980 100 175 Manchester Bank__ 500.000 224,413 5,460,285 100 200 Merch Laclede N at. _ 1,700,000 2,053,118 28,870,118 100 280 Nat Bank of Comm. 10,000.000 4,123,000 69,716,892 100 158 160 Natural Bridge Bank 200.000 140 <275,746 1,883,569 100 130 National City Bank. 1.000,000 130 427,854 16,945,749 100 125 Scruggs, Vandervoort Barney Bank___ 200.000 114 <280,628 2.921.195 100 113 Sec N B S & TrCo 250.000 175,790 6,673,189 100 170 South'n Com & Sav. 200.000 171,974 3,473,577 100 190 St Louis Nat Bank. . 200,000 115 C43.201 2,390,412 100 110 State National Bank 2,000,000 1,032,198 18,873,671 100 165 Tower Grove Bank 400.000 303,717 7,661,417 100 225 250 Twelfth St Nat Bank 300.000 135 c51,096 1,642,049 100 125 United States Bank. 1,000,000 571,615 7,520,811 100 120 125 Water Tower B an k.. 200.000 117,030 1.496.196 100 140 150 American Trust Co 1,000,000 609,626 13,540,096 100 165 Broadway Tr C o___ 200.000 <231,791 1,723,852 100 Chouteau Trust C o. . 200,000 109,095 150 1,740,809 100 145 City Trust Co____ 200,000 <265,851 2,097,113 100 105 115 Easton-Taylor Tr Co 200,000 95,123 1,755,737 100 150 Farm & Merch Tr Co 400.000 <2349,127 5,428,427 100 235 Laclede Trust Co__ 300.000 146,498 2,094,235 100 140 150 Liberty Cent Tr C o. 3.000. 000 921,647 30,696,550 100 123 125 Lindell Trust C o___ 200.000 <252,829 1,482,469 100 128 130 Mercantile Trust C o. 3.000. 000 8,274,097 60,664,206 100 430 Miss Vail Trust Oo_. 3.000. 000, 4,849,722 40,007,804 100 286 295 Mound City Tr C o._ 200.000 <262,349 2,403,170 100 130 140 North St Louis Tr Co 200,000 96,278 2,607,600 100 160 Northwest’n Tr C o .. 500.000 962,973 8,882,047 100 225 250 Savings Trust C o . . . 200.000 <267,519 3,328,710 100 200 South Side Trust C o. 200,000 120,564 3,042,869 100 170 175 Webster Groves T r . . 100,000 119,713 1,457,714 100 170 180 West St Louis Tr Co 200,000 <2160,731 3,235,791 100 165 175 * Sale price, a April 12 1926. stock, r Ex-dividend. b Sept. 30 1926. MONTANA.— National banks Dec. 31; State institutions Dec. 31. Ask. Per share 100 245 250 100 250 100 142 100 135 100 180 190 100 100 230 240 59 Capital. B utte— $ 300 00(1 200.000 400,000 Helena— Union Bank & Tr Co 200.000 250.000 150 000 250,000 Surplus & Profits. Gross Deposits. Par. Bid. $ $ 799,677 12,211,440 100 1,502,838 100 69,820 C382.641 12,946,982 100 249 108 139 389 127f829 265,485 4,626,458 3,590,134 2,218,151 3,237,294 Ask. Per share. 100 100 100 100 NEBRASKA— National banks Dec. 31; State institutions Dec. 31. Per share. L in coln — 134,643 3,027,705 100 200,000 City National Bank 300,000 101,227 3,243,644 100 100.000 rl 30.088 3,370,773 100 588,392 8,669,856 100 525,000 300.000 197,868 4,739,610 100 c72,158 2,383,876 100 100,000 60,396 2,438,961 100 200.000 Omaha— First National Bank. 1,250.000 985,582 23,556,811 Live Stock Nat Bank 450.000 63,600 3,800,348 Omaha Nat Bank__ 1,000.000 1,212,813 34,305,682 Packers Nat B an k.. 200,000 139,426 2,205,396 Peters Nat B a n k __ 200,000 122,401 2,591,788 Stock Yards Nat Bk 643,564 7.539,108 750,000 State B a n k ._______ 300.000 C232.265 7,010,099 U S National B an k.. 1,100.000 855,269 18,724,856 Union State Bank__ 200,000 C67.874 2,304,792 100 100 100 100 100 100 100 100 100 190 75 305 130 135 125 185 200 110 200 85 150 150 140 200 225 115 NEW HAMPSHIRE— National banks Dec. 31; State institutions Dec. 31. M anchester— Per share Amoskeag Nat Bank 739,368 3,987,905 100 300 200,000 First National Bank. 311.392 1,817,790 100 200 150,000 Manchester Nat B k. 408,331 2,595,359 100 250 150,000 Merchants Nat Bank 66,167 2,318,020 100 135 — 150.000 Nashua— Old Guar Sav Bank Indian Head Nat Bk Nashua Trust C o__ Second Nat ofNashua S200.000 100,000 200,000 150,000 C117.027 335,875 c364,840 184,259 3,444,707 100 118 3,351,037 KM) 300 4,852,000 100 180 3,535,066 100 200 — P ortsm outh— First National Bank. Nat Mech & Trad Bk New Hamp Nat B k. 150,000 100,000 100 000 128,603 43,672 152,106 2,094,245 100 150 1,021,536 100 110 1,104,487 100 200 ---- — NEW JE B SE 7—National banks Dec. 31; State institutions Dec. 31. Per share. Asbury Park— Asb Pk & Oc’n Gr Bk Merchants Nat Bank Asbury Park Tr C o .. Seacoast Trust C o_ 400.000 400.000 150.000 350.000 767,118 137,094 220,881 514,984 Atlantic City— Atlantic City Nat Bk Boardwalk Nat Bank Chelsea Nat Bank. Second Nat B an k.. Union National Bank Atlantic Co Trust Co Atlantic S D & Tr Co Bankers Trust C o__ Chelsea Safe D & T r. Guarantee Trust C o. Equitable Trust C o. Marine Trust C o____ 200,000 400.000 200.000 250.000 100.000 200,000 300.000 100.000 100.000 600,000 200,000 200,000 1 , 1 5 5 ,0 8 7 7 6 2 ,2 7 8 6 5 5 ,7 1 7 4 2 0 .8 4 0 3 4 7 ,7 4 9 4 3 1 ,4 4 1 C 5 8 9 .4 5 4 C 1 7 0 .1 9 2 1 3 1 ,9 6 5 8 6 7 ,9 2 5 3 7 1 ,6 4 8 C 6 8 5 .4 8 3 0,553 882 2,511 231 7,040 379 5,282. 392 2,393. 825 3,032, 676 7,221. 577 2,535, 019 2,110, 430 6,830, 681 4,250, 749 5,375, 826 100 100 100 800 100 100 100 100 100 100 100 100 100 Bayonne— Bayonne Trust Co Mechanics’ Trust Co 300.000 500.000 540,826 660,577 8,389,232 6,934,083 100 315 50 145 Bridgeton— Bridgeton Nat Bank. Cumberland Nat B k. Farm & Mer Nat B k. Cumberland Tr C o_ 100,000 150.000 150.000 150.000 280,114 573,597 191,126 C229.470 6,573,222 100 2,284,894 100 2,935,244 100 4,822,698 100 2,395,737 100 410 3,086,213 100 550 1,463,970 100 226 1,753,402 100 310 Camden— 100,000 Camden Nat Bank 626,793 6,981,987 100 First Nat State Bank 1,000,000 1,594,413 21,868,703 100 750.000 2,110,523 14,943,942 25 Camden S D & Tr Co B ’way Merch Tr C o. 500.000 1,076,657 5,718,927 100 Central Trust C o. 100.000 567,691 4,049,715 25 100,000 East End Trust C o .. 140,838 2,246,531 100 250.000 Merchants' Trust Co 379,132 4,304,100 100 200.000 Parkside Title Tr o 0 380,241 3,294,385 100 200,000 Security Trust C o__ 567,213 4,919,369 100 100,000 South Camden Trust 150,953 1,354,726 20U.000 West Jersey Trust Co 683,429 4,719,219 100 East Orange— Ampere Bank____ East Orange Bank Essex Co Trust C o .. Sav Inv & Trust C o. 100,000 250.000 500.000 750.000 Elizabeth— Elizabethport Bk Co National State Bank Peoples Nat Bank. Central Home Tr Co Elizabeth Trust C o._ Union County Tr Co 250.000 700.000 300.000 200.000 500.000 400.000 Hoboken— First National Bank Second Bk & Tr C o. Columbia Trust C o .. Hoboken Trust C o_ Jefferson Trust C o. Steneck Trust C o .. 500.000 350.000 100.000 200,000 400.000 600.000 Jersey City— Journal Sq Nat Bank Claremont Bank____ First National Bank Franklin Nat Bank. Labor National Bank Merchants’ Nat B k. Commercial Tr N J__ Greenv Bk & Tr C o. Lincoln Trust C o__ Mercantile Trust C o. N J T Guar & Tr C o. Trust Co of N J ___ Un Tr & Hud Co N B West Bergen Tr Co . . 250.000 200.000 1,000,000 200,000 200,000 250.000 2,000,000 200.000 600,000 200,000 1,300,000 3,000.000 750.000 200.000 c June 30 1926. dNov. 22 1926. 660,211 1,501,446 100 C189.430 4,517,757 100 495,580 10,451,109 100 786,764 16,786.036 100 C 45 0.79 3 1 ,1 8 4 ,6 3 7 c 2 3 6 ,6 1 7 C 11 4 .1 8 9 C 34 4.87 1 9 5 0 ,8 5 4 560 310" Per share. *764 *327 *131H *252 *106 *260 *250 *250 *400 *225 200 200 400 400 Per share. 6,226,255 100 400 50 165 11,738,822 3,299,372 100 200 3,360,716 100 175 4,644,790 100 225 11,950,491 100 520 Per share. 953,381 13,666,274 25 102 H 360,000 5,797,637 100 300 106,249 2,059,409 100 175 294,940 5,241,986 100 295 329,583 7,417,736 100 215 668,264 13,833,965 100 275 300 107,475 459,761 1,696,279 129,105 65,807 250,228 2,670,183 537,977 666,549 350,000 1,440,938 3,708,276 1,003,278 95,706 3,266,041 10,327,796 22,258,661 2,349,900 1,183,637 5,544,169 55,659,446 7,716,255 6,667,004 10,313,930 26,478,362 58,605,002 23,238,067 1,855,071 100 100 100 100 Per share. 183 250 215 175 100 100 100 100 100 100 100 100 100 250 530 350 230 500 510 456 375 150 e Dec. 31 1925. ILast sale, s Guaranty Fund, i New 60 HANKS NEW Y O R K — (C on tin ued ). N EW J E R S E Y — (C o n c lu d e d ) Capital. Long Branch— Citizens’ Nat B an k.. Long Branch Bkg Co M orristown— First National Bank. National Iron Bank. American Trust C o .. Morristown Trust Co Mt. H olly— Mt Holly Nat Bank. Union Nat Bank___ Farmers' Trust C o .. Mt^HoUyS D & T r_. $ 100.000 150.000 Surplus & Profits $ 233,000 206,152 Gross Deposits [Vol. 12-i. AND TKUST COMPANIES Par. Ask Capital. Surplus & Profits. Gross Deposits. Par Bid. Ask. B uffalo— Per share S Liberty Bank______ 3,500,000 5,960,742 14 10 ) 390 400 2,400,000 People’s Bank______ 1.000,000 1,271,404 >6 10 ) 260 275 220 2,540,318 750.000 Community Nat B k. 744,786 share 8 10 ) 270 M an’f ’rs&Trad T rC o 3.000,000 a4,959,478 8 lO ) 465 185 200,000 383,537 5,469,101 Marine Trust C o__ 10,000,000 <215783 984 201,171,8722 5i 266 272 200,000 183,426 4,508,531 Per share Elmira— 150.000 126,858 1,830,764 Merchants' Nat Bk 250.000 285,152 8 101 i 225 800.000 998,290 10,755,582 Second Nat Bank__ 982,472 7 101) 346 400.000 share Chemung Can T C o . 1 10C 280 310 100,000 100,166 600.000 a l,031,814 43 912,250 100,000 230,235 Jam estown—1,829,632 160 7 10C 275 300 238,732 200,000 200,000 6143,275 1,130,674 American Nat Bank. 137 Bank of Jamestown 100,000 184,219 9 101 425 450 655,489 250.000 135 668,593 Farmers & Mech Bk 7 10( 230 250 551,212 600.000 153 300 5 101 475 500 619,921 American Nat Bank. 500,000 1,268,688 16,233,497 The First Nat Bank. Liberty Nat Bank— 100 667,692 Broad & Market N B 200,000 621,267 8,970,875 100 300 3 10C . 200,000 500.000 Cit N Bk & Tr C o . . . 200,000 143,587 2,103,211 100 200 Nat Ohautauq Co Bb 0 1Of 250 300 826,453 300.000 Union Trust Co 0 10( 375 400 640.266 Lincoln Nat B a n k ... 600,000 370,711 3,714,992 100 260 Deposits N e repc rted ni i and New Y ork City Mer & Mfrs N B k ... 1,350,000 2,074,813 19,633,056 100 500 510 ■e of do te Dec 31 ’26 are of date Jan. 29 1927. Mutual Bk o f Rosev. 200,000 229,122 2,979,519 100 300 Nat Newark & Essex for National and Nov. 15 19 26 for Statle banks. 4 div dend r ecord Broc klyn ni ay be „ Banking C o______ 2,500,000 1,625,647 36,052,599 100 390 400 of banks and trust companies National State Bank 500,000 1,103,241 found in our "Rai Iway and 1 ndustrial’ Section, pagg e25~t 6,973,197 100 500 Pei share North Ward Nat Bk 400,000 1,030,945 13,400,684 109 600 4 ... Amalg Bank of N Y . C500.000 City Trust C o______ 300.000 411,555 224,007 5,668,639 100 550 Amer Union B ank.. 1.500.000 647,662 Clinton Trust C o . . . 500,000 749,928 7,754,747 100 425 5 10C 198 205 Bank of America___ 6.500.000 0 10C 310 320 Federal Trust C o . . . 3,600,000 3,500,000 24,722,465 100 490 500 Bank of Manhat C o. 10,700,000 238 0 5C 233 fidelity Union Tr Co 5.250,000 4,790,453 92.164,897 100 730 Bank of U 8 _______ 4.000. 000 5 10( 325 335 3,053,676 Guardian Trust Co 5.000.000 2,612,444 11,342,354 160 162 Bank of Wash Hgts. 400.000 a l,030,960 0 10( 700 900 Guaranty Trust C o. . 500,000 211,789 1,579,501 000 142 Bank of Y orktow n.. 1.000. 9 ----- 135 240,480 iron Bound Trust Co 500,000 765,932 15,771,881 600 Berardini State Bank 0 ___ 150.000 774.000 Liberty Trust C o . . . 200,000 128,099 2,684,578 100 180 Bowery & East River Newark Trust C o . . . 200,000 6120,674 2,315,204 100 425 3.000. 000 Nat Bank of N V 3,507,010 200 0 ----- 400 410 North End Trust C o. 200,000 6105,294 1,031,807 300.000 Broadway Cent Bank 0 10C 90 130 So Side N B & T C o . 200,000 70,921 215,900 1,060,986 166 230 150.000 Bronx Borough Bank 0 10C 1375 Springfield Ay Tr Co 200,000 517,405 8,236,334 100 600 897,453 1475 Bronx National Bank 300.000 0 lot 490 510 384,300 Vailsburgh Trust C o . 200.000 128,396 2,342,429 100 350 200.000 Bryant Park B ank.. 0 10C 210 225 205.000 Washington Trust Co 300,000 487,222 4,202,960 100 280 Capitol Nat Bank__ 2.000. 000 0 10C 215 225 1,003,400 Weequahic Trust Co 200.000 236,819 3.002.113 100 360 Chase National Bank|40,000,000 0 100 421 425 West Side Trust C o. 600,000 <2757,898 8,753,487 100 825 Cent Mercantile Bk New Brunswick Per 2.500.000 & Trust Co 6 100 297 304 Cits Nat Bk o f N B r. 250,000 66,292 2,042,489 100 150 Central Nat Bank__ 2,000.000 147 500,800: 0 ----- 142 Nat Bank o f N J ____ 500,000 1,065,644 14,597,417 100 350 400 Century Bank (The) 100,000 4 ___ 32,4221 Peoples Nat Bank. . . 200,000 318,216 4.223.113 100 280 Chatham Phenix Nat Middlesex TG&T Co 100,000 6128,879 2,443,325 100 175 Bk & Tr C o ______ 13,500,000 0 10C 394 398 New Brunsw Tr C o .. 300,000 484,074 7,112,945 100 280 300 Chelsea Exch B an k.. 1.500.000 0 100 268 274 North & West Hu dson— Chemical Nat Bank- c5,000,000 First Nat Bank of 0 100 v855 875 Colonial Bank______ 1.400.000 3,305,275 0 100 900 1000 Union C i t y ______ 250,000 95,051 4,336,080 100 180 200,000 Columbus Bank__ First N B k, West N Y 100,000 223,633 5,139,478 100 260 81,364 Comm’l Ex Bk of NY 1.590.000 1,240,013 D- - Oommonw’lth Tr Co 600,000 701,071 8,172,635 100 300 800.000 Commonwealth Bank 9 100 290 320 739,946 Guttenberg B & T Co 100,000 200,035 3,543,547 100 350 Continental Bank__ 1,000,000 1,269,500 9 100 265 285 Weehawken Tr C o .. 800,000 525,000 8,676,032 100 250 275 Corn Exchange Bank 11,000.000 15,269,769 9 100 542 548 Highland Trust C o .. 300,000 248,757 5,085,408 100 225 600.000 Cosmopolitan Bank9 100 290 Hudson Trust C o , 1,000,000 3,003,424 33,637,287 100 600 380.000 ......... 100.000 3 ___ Eastern Exch Bank. Passaic— 30.000 Per share 500.000 2,985,000 Fifth Avenue B an k.. 9 100 2190 2250 Amer National Bank 200,000 52,685 560,849 100 125 150 10,000,000 First National Bank. 10C' 2675 2725 100,000 6111,928 1,825,385 100 225 Merchants Bank___ 77,448,700, 250.000 ___ Fordham Nat Bank75.0001 Passaic N Bk&Tr Co 1,500,000 2,237,265 24,933,500 100 300 325 800.000 Franklin Nat B an k.. 160 168 City Trust C o______ 200,000 6265,874 4,610,640 100 300 481,508! Garfield Nat B an k.. 1.000,000 1,830,150 100 375 385 Hobart Trust C o____ 300,000 401,723 5,363,661 100 300 100,000 Gimbel Bros Bank__ 125,200 8,901,722 100 325 350 People’s B k & T r C o. 600.000 1,073,861 1,000,000 Grace Nat Bk of N Y I6( ‘ 350“ Service Trust C o___ 400,000 <2257,281 1,950,948 1,269,898 100 170 Greenwich Bank___ 1,000.000 2,645,049 101 525 Paterson— 550 Per Hamilton Nat Bank. 1.500.000 212 10C 591,100 First National Bank. 600,000 800,063 9,805,333 100 415 000 Hanover Nat B ank.. 5.000. 100 1185 26,605,077 1210 Paterson Nat Bank— 1 ,200,000 1,189,568 14,116,161 100 280 290 100.000 Harlem Bk of Comm Second Nat B a n k ... 750,000 1,230,049 12,477,907 50 225 150,300 000 Harriman Nat Bank. 1.000. 100 630 650 Nat Bank o f A m er.. 500,000 371,151 1,593,580 4,039,232 100 167 250.000 Internat Union Bank — Paterson Sav I n s t ... 1.000,000 1,945,674 24,477,403 25 170 210,028 500.000 Lebanon Nat Bank— 181.000 — — Citizens’ Trust C o .. 500.000 725,000 10,973,126 100 450 1.500.000 Liberty Nat Bank— Franklin Trust C o .. 600,000 6538,247 3,939,483 100 180 848,900 — Longacre Bank ___ 500.000 — — 388,747 Hamilton Trust C o .. 600,000 570,427 12,303,142 100 315 200.000 Madison State Bank 80,964 ^ g T r u s t C o ---------350,000 1,550,148 20,397,928 100 675 500.000 Melrose Nat Bank. P lainfield115,500 Mutual Bank_______ 500.000 i0( 650 First National Bank. 200,000 6389,941 6,296,370 100 1230 Nat Bk of Commerce 25.000. 000 42 479 300 100 423 428 Mid-City Trust C o . 200,000 680,000 1,003,818 100 Nat Bk of Yorkville. „ 500,000! 187:800 — Plainfield Trust C o .. 616,300 1,036,840 19,665,023 100 1225 National City B k ..c 75.000. 000 66,287,091 101 ?/509 515 State Trust C o_____ 150,000 6218,647 3,852,274 100 1215 National Park Bank- 10.000. 000 24,316,000 100 50) 510 Title Guar & Tr C o .. 250,000 659,084 1,044,800 100 600,000 New Nether land Bk. Trenton— 100 320 330 507,165 500.000 Penn Exchange Bank 161,872 10< 165 Broad St Nat Bank. 250,000 992,681 12,633,018 100 420 165 100.000 Port Morris Bank__ 400 147,700 Capital City Tr C o— 150.000 161,426 1,213,068 100 200 150.000 Prisco State B ank__ 208,900 ... First National Bank. 1,000,000 2,078,350 13,570,168 100 400 Public Nat Bank___ 5.000. 000 100 5 4 0 " 550~~ 7,924,475 Hanover Trust C o .. 200.000 231,343 4,821,398 100 210 000 Seaboard Nat Bank. 6.000. 11,007,032 100 690 |705 Mechanics’ Nat Bk. 1,000.000 1,597,579 19,533,432 50 265 Seventh Nat B k___ 1,000,000 327,200 100 160 I170 Trenton Banking Co 750,000 1,450,769 14,533,089 50 230 250.000 Standard Bank_____ 439.300 100 670 I800 Colonial Trust C o . . . 100.000 231,004 1,560,604 100 225 State Bank_________ 5.000. 000 5,761,586 100 590 305 300,000 650,431 10,110,970 100 275 Mercer Trust C o___ 500.000 Trade Bank of N Y i . 278,219 190 I200 Trenton Trust C o . . . 750,000 1,127,222 18,037,357 100 260 United Nat Bk in NY 1.000. 000 -484.300 Wilbur Trust C o___ 100,000 125,274 190 |205 1,791,892 100 185 200.000 World Exch Bank__ __ W oodbu ry— 115,800 Trust Co. returns da te Nov. 15 1926 Farm & Mechanics’ 000 Am Ex Irving Tr Co 32.000. a28815383 100 318 322 National B a n k ... 100,000 345,914 2,162,880 400 450 000 American Trust C o .. 4.000. 100 3,415,409 First N at’l B a n k ... 100,000 6260,000 2,500,000 185 200 000 Anglo South Am T r. 1.000. 646,358 — Woodbury Trust C o. 100.000 266,156 T395!578! 100 350 400 ......... 500.000 Bk of Athens Tr C o. 506,772 NEW Y O R K — National banks (.except New York Cit]/), Dec. 31; State insti- Banca Com It Tr Co 1,000,000 766,934 Bank ofEurope Tr Co 1,000 000 tutions, Nov. 15 1926. 685,831 12,679,401 Banco di Sicilia Tr Co 600.000 197,708 Albany— Per share Bank of N Y & Tr Co 4.000. 000 loo ‘ 7 7 5 " ? 6 5 " Central Bank______ 100.000 158,346 3,216,531 10(1 165 Bankers Trust C o__ 20.000. 000 100 658 364 Mech & Farmers___ 250.000 1,368,086 4,018,972 100 500 550 000 Bronx County Tr Co 1.000. a806,308 100 320 330 Nat Com Bk & Tr C o . 1,500.000 4,090,794 33,542,604 10(1 425 450 Central Union Tr Co 12.500.000 100 952 957 N Y State Nat Bank- 1.250,000 2,460,599 30,195,680 1(H) 270 275 1,000.000 County Trust C o_ _ 564,6001 325 335 First Trust C o__ 1.000.000 al ,926,534 25,415,300 100 350 Empire Trust C o__ 4.000. 000 a4.175.564 100 368 374 A uburn— Per share Equitable Trust C o. 30.000. 000 100 3 0 305 Cayuga Co Nat B k .. 200,000 388,418 3,762,416 100 1210 Parmers’ L & Tr Co. 10.000. 000 100 552 557 Nat Bank o f Auburn 200,000 237,221 4,563,654 100 1125 Federation Bk&Tr Co 750.000 972,047 16,250,065 Auburn Trust C o .. 150,000 427,206 6,512,925 100 375 400 Fidelity Tr Co______ 4.000. 000 44,797,012 100 310 3,235,401 320 Bingham ton— Per share Fulton Trust C o___ 1.000. 000 1,428,984 14,893,635 100 450 175 Citizens Bank______ 150,000 106,821 2,653,717 100 140 150 Guaranty Trust C o .. 25.000. 000 025958 981 604,960,206 100 430 135 City National Bank. 200.000 551,393 7,743,905 100 325 350 Int Accept Sec & Tr. 500.000 535.000 3,766,000 First National Bank. 400,000 639,619 9,130,259 100 220 230 Interstate Trust Co 3.000. 000 900.000 4,089,213 100 200 205 People’s Trust C o__ 500,000 610,486 7,962,103 100 175 200 Italian Disc & Tr Co 1.000. 000 8,215,912 100 659,021 Lawyers’ Trust C o .. 3.000. 000 3,429,519 19,821,043 100 B rooklyn— State B ank & Tru st Co. retur ns date Nov. 15. Per share 000 Murray Hi! 1Trust Co 1.000. 1,022,597 2,949,671 215 225 Nat. banks Dec. 31. New York Trust C o. 10.000. 000 021669 617 232,705,637 100 540 347 Atlantic State Bank 300,000 151,000 1,937,700 700.000 Terminal Trust C o .. 292,320 5,434,933 2)0 205 Bank o f Coney Island 200.000 206,800 5,276,500 166 325 375 Title Guar & Tr C o. . 10,000,000 018661943 42,986,757 100 684 387 Bank of Sheeps'd Bay 100,000 75,800 2,323,300 Trust Co of Nor Am. 500.000 205,998 3,193,816 Bushwick Nat Bank'. 200,000 125,000 2,843,200 U S Mtge & Tr C o .. 3.000. 000 04,804,616 73,083,538 100 400 115 Citizens Bk o f Bkiyn 200,000 97,863 1,272,363 U S Trust Co of N Y 2.000. 000 O20001084 51,483,405 100 1975 2025 First National Bank- 1,000.000 1,446,800 17,636,400 100 390 405 Jamaica, L. I .— Globe Exchange Bk. 400,000 282,200 4,354,100 Jamaica Nat Bank— 200.000 145,400 3,163,400 100 Kensington Bank.. 100,000 50,000 1,502,200 R ochester— Per hare Lafayette Nat Bank 140 400.000 151,300 1,331,400 Lincoln-Alliance Bk. 2,000,000 3,331,449 100 293 00 Mechanics’ Bank__ 2.150,000 3,508,376 57,941,240 50 335 340 Nat Bank of Roch— 1.200.000 419,993 100 125 Montauk Bank_____ 1.000.000 1,558,766 5,269,938 1(H) ; 6<» 375 Central Trust C o__ 600,000 0712,802 100 235 *45 Municipal Bank___ 2.000,000 1,009,112 28,864,712 100 307 312 Genesee Vail Tr C o .. 400.000 0945,501 100 400 Nassau Nat Bank__ 1.000,000 1,710,230 18,495,199 100 1/320 326 Roch Trust & S D Co 1,000.000 02,202,614 100 360 People's Nat B ank.. 200.000 579,600 8,378,100 100 700 Security Trust C o__ 300.000 al.936,608 100 000 Security State Bank 100 000 64,900 1,562,700 Union Trust C o_____ 2,200.000 01,850,598 100 195 01 Traders Nat Bank 500,000 274,500 1,429,300 Schenectady— Brooklyn Trust C o .. 2.000.000 5,315,664 54,303,443 100 820 830 Mohawk Nat B an k.. 400.0001 380,263 25 70 80 Kings Co Trust Co . . 500.000 05,172,372 34,513,873 100 2100 2150 Union National Bank 300,000! 100 836,613 400 - 25 Manufacturers' TrCo 10,000.000 14,782,338 208,844.432 100 £44 548 Citizens Trust C o__ 300,000; 452,356 100 270 85 Midwood Trust. Co 1 000.000 546,824 9,616.976 100 265 280 Schenectady Tr Co 600.0001 1,242,000 100 400 125 * Sale price. a Dee. 31 1926. b June 30 1926. c Capital increase d Apr. 12 1926. e Nov. 15 1926. ILast sale. t New stock. ® Ex-stock dividendx Ex-dividend. y Ex-rights. NEW Y O R K (C oncluded) Capital. Syracuse— S ■City Bank Trust G o, 2,500.000 Liberty Nat Bank__ 300,00( Merch Nat Bk & Tr 500,00( Salt Springs Nat Bk 800,00( Third National Bank 300,00C First Trust & Dep Co 2 , 5 0 0 ,0 0 ( Syracuse Trust Oo._ 1.500,000 Surplus & Profits. Gross Deposits s s OHIO— (C on clu ded ) Par. Ask Bid. Per share 202 206 190 215 205 260 2 6 5 c l ,3 8 9 ,8 5 4 1 8 2 ,2 0 1 6 1 2 ,04C 4 5 3 ,0 2 6 2 5 2 ,1 8 4 c 2 ,7 6 0 ,8 0 6 1 ,4 7 7 ,7 3 4 3 0 ,5 9 9 ,4 0 8 4 ,5 0 0 ,5 8 £ 6 ,1 5 6 ,8 5 8 6 , 947.15C 4 ,1 3 3 ,5 7 4 5 0 ,3 5 0 ,2 1 8 3 6 ,6 9 4 ,9 9 1 100 100 100 KM) 100 17 5 100 301 100 286 200,000 1 ,6 0 2 ,2 9 3 5 1 7 ,8 7 3 4 6 5 ,7 3 5 5 1 0 ,2 3 6 4 6 6 ,7 9 1 C 22 7 .6 0 8 2 8 ,0 9 7 ,4 1 0 7 ,1 1 7 ,7 7 5 4 ,4 2 0 ,( 68 6 ,5 7 7 ,7 5 3 9 4 8 ,3 1 4 4 ,3 2 1 ,6 7 1 Per 100 410 100 200 100 240 5 0 200 100 3 0 0 100 200 Utica— First Bk & T r ______ Oneida Nat Bank__ Citizens’ Trust C o_ Utica Tr & Dep C o .. Utica Nat B k & T r._ 1,500,000 600,000 1,000,000 1,000,000 1,000,000 2 ,4 1 9 ,7 1 2 1 ,0 9 2 ,2 2 4 1 ,2 0 7 ,6 4 1 9 4 9 ,7 1 9 3 7 6 ,6 6 6 1 9 ,3 0 9 ,1 9 7 5 ,8 1 7 ,0 4 3 1 7 ,2 4 3 ,7 9 6 1 4 ,8 6 6 ,0 6 0 5 ,3 6 8 ,3 6 2 Per 100 275 100 240 100 240 100 2 4 0 100 98 Watertown— Jefferson Co Nat Bk Watertown Nat Bk North’n N Y Tr Co 500,000 200.000 400.000 5 4 3 ,1 7 3 2 4 8 ,3 7 0 1 ,0 4 0 ,5 1 3 7 ,0 9 6 ,4 1 6 4 ,2 4 0 ,7 2 2 9 ,2 1 1 ,7 5 2 Troy— Manurac’rs Nat Bk National City Bank Nat St Bk o f Troy_ Union Nat Bank__ United Nat Bank__ Troy Trust C o_ Westchester Co— Aft. Vernon— 1st N ._ M t Vernon Tr C o. New Rochelle— Central Nat Bank. Nat City Bank__ North Ave B an k.. Huguenot T r C o .. N Rochelle Tr C o. Ossining— 1st Nat & Trust C o ________ Ossining Trust Co. Peekskill— Westches Co N at. Pleasantville—■ M t Pleasant B k_ Port Chester— 1st N . Bk. & Tr C o_____ Mutual Trust C o . Rve—Rye Nat B k__ Tarrytown N B&TrCo White Plains— Citizens Bank____ West Title & Tr Co County Trust C o. Yonkers— First N at. Yonkers Nat Bank & Trust C o___ Westches'r Tr C o. Yonkers Trust C o. 1,000,000 300,000 2 5 0 ,0 0 0 300,000 2 4 0 ,0 0 0 306 292 share. 425 225 250 9 ,7 1 7 ,5 1 9 1 7 ,5 9 8 ,5 7 2 100 5 5 0 100 400 200,000 400.000 1 2 7 ,2 9 5 6 0 3 ,9 8 6 1 4 9 ,9 4 8 2 1 8 ,4 9 3 C 77 3 .0 0 9 1 ,5 7 9 ,7 7 6 1 2 ,7 1 9 ,0 8 1 3 ,0 6 2 ,9 7 6 5 ,5 9 1 ,4 1 4 1 0 ,3 6 3 ,9 2 4 100 100 100 250 100 140 100 340 1 2 5 ,0 0 0 200.000 2 1 7 ,9 7 2 C 21 0.02 7 1 ,1 7 9 ,3 6 5 2 ,5 7 1 ,0 5 0 ion 100 100,000 6 6 8 ,4 2 0 7 ,5 0 6 ,7 1 8 50 1 5 0 .0 0 0 2 5 0 ,0 0 0 200,000 Cent Nat Bk Sav & Tr Clev Sav & Loan C o. Lorain St Sav & T r. 248 245 245 100 400 100,000 C 20 9.10 8 3 ,1 2 7 ,0 4 7 100 3 1 0 ,9 9 1 C 2 8 3 .2 1 4 1 7 2 ,7 8 1 2 8 2 ,2 3 8 5 ,9 6 9 ,2 2 8 4 ,3 0 5 ,0 0 0 3 ,5 6 0 ,6 8 2 2 ,0 6 4 ,5 2 9 100 3 2 5 100 220 100 3 0 0 100 3 5 0 7 ,5 0 1 ,5 3 7 4 ,6 4 0 ,8 7 5 9 ,7 4 9 ,3 4 3 9 ,9 0 5 ,4 9 5 100 100 500 100 300,000 C 4 2 0 .1 4 8 c l , 1 7 0 ,2 2 7 8 8 5 ,8 3 2 5 6 9 ,9 3 2 200.000 300,000 350,0001 2 8 4 ,2 5 3 1 ,1 5 4 ,4 9 8 C 18 9.79 3 7 ,1 6 7 ,1 9 4 1 1 ,0 0 4 ,1 3 4 8 ,3 9 1 ,1 1 7 ' 100 3 5 0 100 5 5 0 100 170 300.000 100,000 200,000 2 5 0 ,0 0 0 1,0 0 0 ,0 0 0 3 0 0 ,0 0 0 50 145 400 2 5 0 ,0 0 0 1300 340 250 525 230 225 NORTH DAKOTA— Nat. banks Dec. 150.000 50,000 300.000 100.000 100,000 100,000 31 175 State institutions June 2 9 . 92,108 58,328 299,232 115,567 16,353 85,876 1,604,869 100 781,031 100 6,694,692 100 2,303,073 100 1,190,068 100 739,585 100 Per share. Canton— Cent Sav B & T Co Dime Savings Bank. First National Bank. e87,694 3,874,455 200,000 500,000 250,648 5,019,738 500,000 1,268,769 10,707,811 Per 250 200 200 195 175 90 160 265 100 165 100 100 375 Cincinnati— Atlas Nat Bank__ 8,549,284 100 400,000 1,221,032 Bk of Comm & Tr Co 500,000 154,507 3,917,278 100 Brighton Bk & Tr Co 500,000 367,448 15,078,167 100 Brotherhood of Ry Clerks Nat Bk__ 52,182 3,788,100 100 200,000 Cinn Bk & Tr Co__ 150,000 296,958 3,861,364 100 Columbia B & S Co 284,441 2,271,431 100 100,000 Cosmop Bk & Tr Co. 350.000 302,507 8,437,281 100 First National Bank. 6,000,000 5,101,343 43,471,280 100 Hyde Park Sav Bank 100,000 el35,106 2,132,639 100 Lincoln Nat Bank.. 500,000 1,180,086 9,303,118 100 North Side Bank__ 50 100,000 e290,000 2,377,000 Oakley Bank_______ 50 100,000 el39,343 2,736,131 Pearl Market Bank. 400.000 e578,109 9,675,197 100 National City Bank. Pearl St S & Tr C o. United Bk & Tr Co Cleveland Trust C o. Guardian Trust C o .. Lake Erie Trust C o .. Union Sav & L C o .. Union Trust C o____ share. 225 205 185 100 ISO 190 Per share. 430 150 160 550 110 250 50 150 237 225 350 140 120 350 60 165 235 425 175 125 — Surplus Profits. Gross Deposits. 5.000.00C A ik. B id . 76,379,59; 7,027,76: 305 100,00( 1.000.00C 1.800,000 250,00C 400.00C 2,000 00C 2,000,000 1.500.00C 1,500,006 8,600,00C 4,000,000 1,000,000 900,000 22,850,000 c285,87C Dayton— City National Bank. 500,000 Merchants’ Nat Bk & Trust C o_______ 200,000 Third Nat Bank & Trust C o_______ 400,000 Winters N Bk & Tr 1,000,000 250,000 Dayton Sav & Tr Co 600,000 10C 350 3,534,77] 398,27^ 23,174,452 3,406,039 43,628,046 c332,897 2,800,16( 8,741,431 e594,37c 1,102,29^ 24,840,724 1,121,527 24,415,176 el,320,80( 28,754,818 e l,080,791 23,822,00C 5,081,519 205,201,082 5,861,841 ;118,925.139 265,175 1 5.873.04C 868,452 ' 3.807,867 el4195,680 292,618,399 10C 100 10C 10C 10C 100 10C 10C 10(1 100 loo 100 100 100 100 100 100 100 100 100 100 100 100 100 100 175 310 249 224 186 32 i 116 250 140 400 3t>> ; 08 480 313 P er 449,258 12,102,917 100 300 222,000 42 sh an 500 290 _____i 13214 280 P er 1,248,884 26,981,676 13,158,547 3,800,295 1,203,976 10,965,439 1,824,540 11.591.793 26,262,898 3,331,110 1,224.239 18,288,903 sh ort 315 P er Columbus— 200,000 18,246 Citizens Bank . . 1.500,000 753,661 CityNatBk of Colum. 500,000 1,011,510 Columbus Nat Bank 500,000 101,774 Columbus Sav Bank. 50,000 91,025 Commer’l Nat Bank. 600,000 1,164,050 Fifth Ave Sav Bank 100,000 125,661 First NaUBank_____ 500,000 721,706 Huntington Nat Bk. 1,800,000 2,154,081 Market Exch B an k.. 100,000 337,440 Northern Sav Bk Co 48,532 100,000 Ohio National Bank. 1,500,000 1,963,609 Toledo— City Savings Bank Com Sav B & Tr C o. Dime S Bk & Tr C o. First National Bank Com Guard Tr & Sav Home Bank & Tr Co Ohio S Bk & Tr C o .. Peoples Bk & Tr Co Secur S B & Tr Co Spitzer-R T & S Bk Toledo Trust Co Union Tr & Sav B k .. Par P er $ S $ 323,05$ 200,00C 4,918,66$ 10C 260 1C 40 1.620.00C 2,005,361 31,795,148 914,781 8,82 ,128' 10C 215 1.000.00C 361,88$ 5,228,685 10C 225 250,00C 250,00f ell2,98$ 2,928,790 IOC 165 1.000.00C 1,513,26C 16,806.017 10C 300 4,000,00C 2.526,81£ 21,080,737 295 285 315 175 225X sh a n 190 110 315 312 320 sh a n 310 100 195 200 391,398 5,819,212 100 200 513,483 12,125,521 100 165 173,335 7,157,439 100 754,334 18,049,757 100 275 206 175 4,783,000 29,087 100,000 1,104,904 200,000 611,732 15,032,981 452,655 10,023,838 300,000 500,000 1,787,475 9,378,157 1,400,000 1,431,629 25,447,567 582,675 9,899,136 1,000.000 1,000,000 2,860,919 41,727,963 200.000 144,566 2,423,477 800,000 1,207,591 13,245,771 258,386 2,941,862 600,000 5,000,000 3,518,915 35,191,715 407,671 1,670,665 250,000 100 100 50 100 100 P er 130 340 275 350 200 100 1,0 100 400 100 loU 100 250 100 220 100 190 100 250 300 shan Youngstown— P er sh a n Central Bank C o__ 8,188 150,000 620,307 100 65 City Tr & Sav Bank. 1,000,000 1,357,392 10,550,732 100 238 243 Commer’l Nat Bank. 775,031 500,000 7,398,670 100 235 240 Dollar Sav & Tr C o .. 2,500,000 2,189,050 19,932,487 100 116 198 h irst National Bank 2,500,000 2,007,988 16,840,479 100 116 98 Mahoning Nat Bank 1.000,000 437,817 3,882,855 100 175 .76 Mahoning Sav & Tr 166,846 2,945,096 100 150,000 Second Nat Bank 76,422 1,123,285 100 120 200,000 128 South Side Sav Bank 63,182 100,000 893,815 100 135 OKLAHOMA— National banks Dec. 31. G uthrie— First National Bank. First State Bank__ 100,000 50,000 77,962 27,780 3,203,746 100 1,236,111 100 McAlester— First Nat Bk of M cA McAlester Trust Co 100,000 100,000 16,538 41,405 1,821,137 2,222,560 100 25 M uskogee— Commercial N a tB k . First National Bank. 300,000 500,000 112,565 153,519 4,121,160 7.228,809 Per share 100 150 200 100 225 250 Oklahoma C ity— American Nat Bank. 1,000,000 Farmers’ Nat Bank 200,000 Fidelity Nat Bank 300,000 First National Bank. 1,000,000 Liberty Nat Bank 600,000 Security Nat Bank 750,000 Tradesmen’s Nat Bk 500,000 OHIO— National banks Dec. 31; State institutions Dec. 31. Akron— Central Sav & T r__ 1.000.00C 770,46$ 14.932.47C 10C Commercial S & T r. 300.00C 358,849 5,138,784 l(M Depositors Say & Tr 500,00C e639,00C 8,500,000 lot Dime Savings Bank. 261,938 3,483,241 KM 200,00C Ohio State Bk & T r. 646,594 9,504,744 10(1 500,000 Standard Sav Banke30,193 100.000 517,123 10(i Firestone Pk Tr & SB 200,000 223,155 4,997,824 10(1 First Trust & S B k .. 1,500,000 2,551,227 28,640,949 100 Fifth - Third - Union Trust C o________ share. 285 Per share. 1 ,0 8 7 ,7 5 0 7 8 3 ,1 8 1 Cincinnati (Con. People’s Bk & Sv Cc Prov S Bk & Tr Co. Second Nat Bank__ So Ohio S Bk & Tr Oc Wash Bk & Sav Co. Western Bk & Tr Cc 325 Nom. prices 100 2 4 0 100 225 235 100 325 350 200,000 500,000 C a p ita l Cleveland— Amer Sav Bank C o .. Broth’d of Loco Eng NORTH CAROLINA— Nat. banks Dec. 31; State institutions Dec. 31. C harlotte— Per share Charlotte Nat Bank. 100 200 225 500,000 7 2 3 ,8 8 9 4 ,6 9 2 ,4 3 3 Commercial Nat Bk. 10C 225 240 500,00C 6 8 3 ,3 4 5 3 ,5 8 6 ,3 9 8 First National Bank. 300,00C 2 ,1 2 3 ,6 4 8 lot; 3 2 5 7 1 0 ,0 7 8 Mer & Farm N Bk. 200,00C 2 ,9 7 2 ,3 7 2 100 300 5 5 1 ,1 4 8 Union Nat Bank___ 200,000 3 ,2 5 3 ,2 7 3 100 3 2 5 4 0 2 ,3 3 6 340 100 185 American Trust C o .. 1,200,000 200 9 1 2 ,3 9 6 1 5 ,8 5 9 ,6 6 5 Independ’ce Tr C o. 1,000,000 (1866 ,4 49 5 ,1 3 2 ,2 0 5 100 186 190 Durham— 1 ,7 0 0 ,0 0 0 100 1 8 0 100,000 Citizens’ Nat Bank. 1 3 0 ,0 0 0 185 100,000 Fidelity Bank______ 25 22 5 9 8 0 ,5 7 9 6 ,5 4 3 ,4 9 2 600,000 First National Bank. 190 5 8 7 ,8 1 6 6 ,2 9 5 ,7 8 0 100 18 5 100,000 50 Home Savings Bank. (199,000 1 ,3 2 4 ,0 0 0 25 48 Merchants’ Bank . . 100,000 50 110 120 1 6 0 ,6 2 0 1 ,9 7 1 ,5 6 8 Greensboro— 180 Atlantic Bk & Tr Co 1 ,2 5 0 ,0 0 0 9 5 0 ,5 3 3 1 0 ,0 5 3 ,5 1 8 100 18 0 Greensboro Bk & Tr 160 4 ,0 8 9 ,3 3 2 100 15 5 8 0 0 ,0 0 0 4 4 1 ,0 3 6 R aleigh— Per share. 300,000 Citizens Nat B an k.. 2 0 4 ,6 5 5 4 ,5 2 6 ,1 5 9 100 160 165 Oomm’l Nat B an k.. 600,000 100 141 2 6 7 ,6 6 8 8 ,4 3 9 ,9 4 3 100,000 d 2 2 9 ,3 4 6 Raleigh Bkg & Tr Co 250 1 ,8 3 8 ,6 8 4 100 225 Raleigh S B & Tr C o _ 100,000 1 9 7 ,2 0 7 2 ,0 7 0 ,8 4 3 240 W ilm ington— Per share. Murchison Nat Bk... 1,000,000 1 ,1 3 6 ,6 6 4 1 3 ,3 4 2 ,7 3 7 100 198 200 People’s Sav B an k .. 25 105 125 65,000 (1198 ,9 12 2 ,1 7 4 ,5 7 9 Wilm Sav & Tr C o . . 300,000 6 3 1 ,0 2 5 4 ,5 6 9 ,2 6 7 50 200 220 W inston-Salem — People’s Nat B an k .. 1 5 0 ,0 0 0 4 8 ,0 0 0 1,8 1 2 ,0 0 0 100 9 5 125 Wachovia Bk & Tr__ 2,175,000 1 ,8 3 4 ,4 0 6 4 0 ,1 7 5 ,6 0 2 100 200 210 Fargo— Dakota Nat Bank_ Fargo National B k._ First National Bank. Merchants Nat Bk__ Security Nat B an k .. Northern Trust C o_. 61 BANKS AND TRUST COMPANIES F eb ., 1927.] Per share Per share Per share 385,106 19,138,075 100 200 654,513 4,043,693 100 175 61,077 4,716,705 100 200 6329,154 22,201,236 100 250 138,574 10,164,217 ion 200 250 305,079 13,296,227 100 100,000 4,791,733 100 225 250 Tulsa— Central Nat Bank . 1,000,000 400,819 9,474,554 100 Exchange Nat Bank. 2,000,000 1,269,229 41,496,875 100 First National Bank. /2 ,000,000 229,602 22,868,099 100 Nat Bk o f Com’erce. 200,000 100,000 4,632,081 100 Producers Nat Bank 250,000 70,132 4,735,060 100 Security Nat B an k.. 500,000 6183,302 7,051,192 100 Exchange Trust C o._ 520,383 650,000 1,943,982 100 OREGON— National banks Dec. 31; State institutions Dec. 31. P ortlan d— Brotli’d Co-Opre N B 200,000 54,582 G W Bates & C o____ 100,000 620,968 Can Bk o f Com’ce__ 300.000 6117,946 Citizens Bank______ 200.000 91,135 First National Bank. 2.500.000 1,253,067 Hibernia C & Sav Bk 200,000 248,221 Live Stock State B k. 50,000 10,641 N'western Nat Bank 2 , 000,000 452,570 Peninsular Nat Bank 200,000 54,016 Portland Nat'l Bank 200,000 53,059 United States N B k. 2.400.000 2,941,212 West Coast Nat B k. 300.000 135,379 Security Sav & Tr Co 500.000 511,553 Lbrmen's Tr Co B k. 200.000 84,888 2 ,2 1 1 ,4 7 7 1 ,2 3 7 ,6 6 0 3 ,9 8 1 ,1 9 5 4 ,3 3 4 ,3 7 4 3 8 ,8 2 5 ,9 4 8 7 ,3 4 1 ,2 8 7 6 3 2 ,7 3 0 2 0 ,0 2 9 ,1 8 5 2 ,0 3 9 ,2 2 0 2 ,5 4 6 ,6 4 8 5 4 ,5 4 2 ,0 8 2 4 ,5 1 5 ,5 6 7 4 ,2 7 6 ,3 9 8 2 ,4 2 0 ,9 2 0 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Per share 126 132 227 185 217 190 195 222 200 110 125 140 389 170 120 135 150 390 185 IlO 120 *Saleprlce. alncludes City Trust & Savings Bank. 6June301926. cDec. 311926. dNov.41926. eOct.41926. /Newcapital. (Last sale. xEx-dividend. 62 BANKS AND TEUST COMPANIES PENNS YL VANIA— (C on clu d ed ). P E N N S Y L V A N I A — Nat. banks (except Phila.) Dec. 31; State inst. Dec. 31. Capital. A lle n to w n — A lle n to w n N a t B an k M e r ch a n ts N a t B an k JRidge A v e D e p B k S econ d N a t B a n k ____ 'A lle n to w n T r u s t C o . C itiz en s T r u s t C o ____ D im e S a v & T r C o . _ L oh lg h V ail T r u s t C o % Surplus P r o fits . k Gross Deposits. 1 ,0 0 0 ,0 0 0 4 0 0 .0 0 0 5 0.0 00 3 0 0 ,0 0 0 3 6 4 ,0 0 0 2 5 0 .00 0 2 9 9 ,42 0 5 0 0 .0 0 0 3 0 0 ,0 0 0 1 ,371,987 1,4 0 0,01 2 (Z100.396 1,1 9 6,96 4 492 ,61 0 355,411 159,016 1,0 0 5,39 4 274 ,01 6 $ 8 ,9 8 7 ,8 3 8 6 ,361,341 1 ,484,614 6 ,2 4 9,74 9 2,4 2 3,95 7 3 ,038,581 1,4 8 5,93 8 6,725,091 2 ,7 2 4 ,5 3 4 1 50,000 100,000 2 0 0 ,0 0 0 2 5 0 .0 0 0 2 4 6 ,8 0 0 1 62,962 526,593 600,729 (Z251.162 6 42,896 (Z374.809 (2292,879 4 ,5 7 4 ,5 9 4 3 ,2 8 5 ,7 0 6 2 ,3 0 1 .6 5 2 2 ,3 8 5 ,8 6 7 2 ,5 8 6 ,3 8 2 2 ,1 6 9 ,9 9 6 1 25,000 (2191,684 3 0 0 ,00 0 1,3 8 0,73 7 3 0 0 .00 0 7 0 2 ,59 2 2 0 0 .00 0 309 ,15 8 5 0 0 ,00 0 974 ,84 8 1 75,700 688,322 5 0 0 ,00 0 (21,175,996 2 0 0 .0 0 0 6 92,269 2 ,0 5 1 ,1 0 0 8 ,963,921 7 ,7 3 9 ,8 6 2 4,50 8,37 1 11,8 43 ,9 8 8 1 ,923,580 8 ,8 2 3,85 6 6 ,1 2 3,42 2 Par. Bid. 100 415 100 750 50 180 100 1015 30 140 50 185 26 50 525 60 140 100 100 100 100 100 30 F irst N a tio n a l B a n k . C en t B ank & T r C o . H a r r is b u r g — E ast E n d T r u s t C o . . H a rris b u rg N a t B an k H a rris b u rg T r u s t C o L a n ca s te r T r u s t C o . share 430 800 220 1030 i 66 200 30 550 160 Per share l 300 l 500 l 200 A lt o o n a — M o u n t a in C it y T r C o E r ie — Ask. Per 3 00 Per -.1 B roa d St N a t B a n k . . C en tra l N a t B a n k — D r o v e rs & M e r N a t B k G im b e l B ro s B k & T r N a t B k o f G e r m a n t’n N a t B k o f N o P h i l a .. P eop les B k & T r C o . P h ifa -G ira rd N a t B k Q u ak er C it y N a t B k . S ix th N a t B a n k ________ S ou th w a rk N a t B a n k S ou th w estern N a t B k T e n t h N a t B a n k ____ T e x tile N a t B a n k ___ T rad esm en ’s N a t B k . B ro a d S treet T r u s t . . T it le & T ru st C o — C hestnut, H ill T & T r E m p ire T i t & T r C o . F ed era l T r u s t C o — F id e lity P h ila T r C o F in a n ce C o . 1st p r e f. 2d p r e fe r r e d __________ F ra n k for d T r u s t C o . F ra n k lin T r u s t C o . . G e r m a n to w n T r C o . G ira rd A v T & T C o . G ira rd T r u s t C o --------G u ar T r & S D C o . H a d d in g to n T & T C o H a m ilto n T r u s t C o _ _ H o lm e s b u rg T r C o . . In d u s 'l T r , T & S a v . In t e g r it y T ru st C o . . J efferson T & T r C o . K e n s in g to n T r u s t C o M a r k e t St T & T r C o M e t r o p o lita n 9 r C o . M it t e n M e n & M g t B a n k & T ru s t C o . N in th B an k & T r C o N o rth e rn C e n t T ru s t N o r t h e a s t -T a c o n y B an k & T r u s t C o . 60 share 175 100 100 *400 100 ________ l 215 _ 1 205 100 _ _ 100 250 100 ________ Z 130 100 ________ l 325 100 ________ l 3 3 7 * Per share U n ite d S ec L I & T r . W e s t P h ila T & T C o 420 A m S t ’e B k & T r o fP itt s 375 B a n k o f P itts b , N A . 50 26 25 50 100 100 100 10 100 200 .00 0 200 .00 0 3 00.000 2 6 3 ,12 5 2 2 5 ,00 0 3 0 0 .00 0 2 5 0 ,00 0 2 0 0 ,00 0 4 0 0 ,00 0 3 0 0 .0 0 0 800 ,72 4 400 ,56 7 7 2 9 ,36 4 152,411 1 ,3 1 2,60 0 210 ,65 3 1 ,771,521 6 44,717 932 ,29 2 262 ,58 9 5,0 6 6,68 5 3 ,6 7 0,40 3 3 ,3 2 9 ,8 1 8 1,706,214 7 ,4 1 8 ,9 0 0 1,133,276 9 ,9 3 5,10 9 4 ,3 0 6 ,6 0 0 5 ,0 1 9 ,3 1 4 2 ,3 8 8 ,8 1 0 100 ________ l 500 100 ............... 1 320 50 ________ l 165 25 ............... 1 48 50 ............... 1 4 29 * 100 ______Z 1 9 6 * 540 50 50 ______l 2 4 5 * 50 ...............1 290 100 ...............1 220 375 13 180 Per Per 100 100 100 50 100 100 100 100 100 50 50 100 50 10(1 100 100 100 100 100 100 100 100 100 50 100 S usq T it le & T r C o . . 90 4 15 1 ,814,424 2 ,894,271 3 ,2 8 0,13 6 1,090,862 9 ,0 0 6 ,4 5 8 4,70 6,36 3 4 ,8 3 4 ,2 4 6 1,350,586 3 .4 8 8,25 2 50 R e p u b lic T r u s t C o . . R ic h m o n d T r u s t C o . 150 75 182 (275,402 7 1 9 ,74 0 (2734,972 e96,292 1 ,8 5 5,12 9 661 ,63 8 866,727 (2156,962 2 67,657 50 100 50 100 100 100 100 100 50 100 P e n n W ’h 'g & S 'D C o 130 72 2 0 0 ,00 0 3 0 0 ,00 0 400 .00 0 125,000 750 .20 0 3 0 0 ,00 0 400 .00 0 2 8 6 ,01 0 2 5 0 ,00 0 5 0 0 .00 0 644,991 3 ,6 8 4 ,7 8 6 5 ,0 0 0 ,0 0 0 6 ,6 0 3 ,5 1 0 4 9 ,4 6 6 ,7 5 0 5 0 0 ,0 0 0 523 ,79 4 07,7 42 ,9 1 0 1 ,5 0 0 ,0 0 0 5 ,5 7 2 ,7 1 5 3 4 ,6 9 8 ,0 0 0 2 .7 0 0 .0 0 0 8 ,8 3 3,49 1 7 0 ,5 69 ,0 0 0 1 .0 0 0 .0 0 0 327 ,64 7 03,0 41 ,6 1 6 2 7 5 .00 0 1 ,7 1 3,36 5 6 ,6 0 3 ,0 0 0 1 .9 5 0 .0 0 0 4 ,9 8 9 ,6 0 6 5 5 ,6 31 ,0 0 0 125.000 2 ,300,751 366 ,82 5 6 ,0 0 0 ,0 0 0 1 8,5 11 ,4 4 4 1 27,175,000 1 25,000 123,934 3 ,4 3 4 ,8 4 6 3 5 0 .00 0 7 ,8 8 3 ,0 0 0 874,261 2 0 0 ,0 0 0 ' 9 29,918 4 0,0 00 5 0 0 .0 0 0 1 ,4 5 5 ,6 9 0 0 8,6 53 ,4 0 0 1 ,0 0 0 .0 0 0 3 ,2 4 8 ,1 4 5 2 4,4 69 ,0 0 0 5 0 0 .0 0 0 7 8 1 ,62 4 13,621,423 3 0 0 ,0 0 0 1 ,4 8 7,95 3 010,526,283 5 0 0 ,0 0 0 309,701 04,1 79 ,5 7 3 2 5 0 .0 0 0 2 ,1 8 0 ,2 9 4 9 ,1 4 2 ,0 0 0 4 0 0 .00 0 7 5 7 ,48 0 08,7 01 ,0 0 0 2 0 0 .00 0 1,2 6 6,82 3 7 ,1 0 0 ,0 0 0 3 0 0 ,0 0 0 193,837 03,6 00 ,4 4 6 2 5 0 ,0 0 0 7 ,0 1 5,66 5 4 4 7 ,54 2 5 0 0 .00 0 6 ,0 9 7,07 2 522 ,08 0 1 ,0 0 0 ,0 0 0 3 ,7 6 1 ,6 3 5 16,0 18 ,0 0 0 1 ,0 0 0 ,0 0 0 4 48,537 1 8,633,064 8 ,0 0 0 ,0 0 0 2 0 ,3 3 7 ,0 2 2 1 18,952,000 5 0 0 ,00 0 6 ,1 4 2 ,0 0 0 8 79,789 2 8 0 ,0 0 0 1 ,2 1 3 ,9 8 0 O i l , 2 53,070 3 0 0 .0 0 0 6 ,8 7 9,00 0 709 ,17 7 5 0 0 ,00 0 1 ,0 0 3 ,3 6 8 1 2,509,000 2 0 0 .0 0 0 2 2 5 ,52 2 2 ,2 0 0 ,0 0 0 5 0 0 .00 0 7 ,3 6 0 ,0 0 0 7 4 8 ,23 6 4 0 0 .00 0 5 ,5 4 7,00 0 568,101 1 ,0 0 0 ,0 0 0 3 ,1 3 8 ,6 7 5 2 0 ,1 1 1 ,0 0 0 1 ,0 0 0 ,0 0 0 1 ,5 1 8,73 5 19,117,000 200 .00 0 1,60 3,57 8 111,736 1 .0 0 0 .0 0 0 1 ,0 8 5 ,6 1 5 4 ,0 3 8 ,2 4 4 337,001 5 5,9 42 1,179 993 1 ,0 0 0 ,0 0 0 256 ,98 9 2 ,4 8 7 ,2 3 6 2 5 0 ,0 0 0 3 0 0 '9 9 4 3,40 8,46 7 6 0 0 .0 0 0 3 2 8 ,60 4 2 ,2 7 3,22 7 P h i l a .— (Con.) N o rth e a ste rn T & T r N o r P h ila T r u s t C o . N o rth w e s te rn T r C o O ak L a n e T r u s t C o . P a rk w a y T r u s t C o _ . P e lh a m T r u s t C o . _ P e n n C o fo r In su r on L iv e s & G ra n t A n n l 210 __ 57 P h i l a d e l p h i a — De posits of N ational ban ks date Jan. 31 1 927 A m er ic a n B k & T r . . Capital. ________ ______ ______ . . share 166* 380 295 681 720 21H * 1001 470* 127* .............. 1 600 l 1 l 1 l 1 1 ________ l 200 l l l ...........1 ______l ______l ...........1 ________ ________ ________ ______Z ........... 1 ...........1 ______l 1 1 1 1 1 1 1 l ........... 1 ...........1 ............... ............... .............. ............... .............. .............. ............... __ ________ I ............... 1 86* 504* 481 250 410* 261 1016 320 751 171 255 lo 3 * 610 200 665 277 605 3 00 380 206* 336* 225* 486 253 E x ch a n g e N a t B a n k . F arm ers D e p o s it N a t F irst N a tio n a l B a n k . F o u r te e n th St B a n k . F re e h o ld B a n k ______ H ig h la n d N a t B a n k . H om ew ood P eop B k . K ey ston e N a t B a n k . M a rin e N a t B a n k ____ M e t r o p o lita n P e n n sy lv a n ia N a t B k 2 d N a t B k o f A l l ’g h ’ y A lle g h e n y T ru st C o . B essem er T r u s t C o B lo o m fie ld T ru s t C o D orm on t S & T r C o . E ast E nd 8 av & T r . . F id e l T it le & T r C o . . H a z le w o o d S & T C o H ill T o p S & T C o . . M a n c h e s te r S avings M e r c h S av & T r C o . M e t r S av B k & T r C o P en n T r u s t C o _______ Z62* 50 lli 9 * 60 _____ l 7 5 * P itts b u rg h D e p T it le 1 ,247,000 ______ 50 12,298,933 4 ,6 6 3,78 5 100 1 ,2 0 2,54 8 50 1,279,502 50 13,4 63 ,6 5 0 6 ,6 7 0,14 5 100 1 ,794,998 10,780,601 100 50 17,0 26 ,7 7 6 50 1,04 9,56 2 50 4 ,6 6 0 ,4 4 6 5 ,8 6 5,94 7 100 8 2 ,2 42 ,4 7 8 100 1,220,983 [100 1100 50 9,17 1,66 1 3 2 ,7 4 2 ,8 3 8 100 1 8,4 71 ,1 1 4 100 50 4 ,0 9 0,36 1 5 9 ,2 71 ,6 3 7 100 1 3 ,4 16 ,5 4 8 100 3 ,3 7 6 ,9 0 4 100 4 ,3 5 7,85 1 100 50 1 ,949,064 50 10,8 12 ,8 3 0 50 17,4 66 ,8 3 5 50 1 ,582,006 60 12,9 93 ,5 1 5 50 1 502 70C 2 2 ,8 54 ,4 2 5 100 50 8 ,0 0 2,13 7 50 13,2 88 ,5 8 3 25 3 ,2 1 1 ,3 1 8 50 3 ,4 8 2 ,8 1 5 800,000 l.O i '0,000 7 5 0 .00 0 4 0 0 .00 0 5 00,000 2 4 6 ,96 8 7 79,369 2 ,0 5 7 ,2 6 5 183,317 3 ,4 0 6 ,9 8 4 10,1 87 ,9 5 7 9 ,4 1 0,25 7 16,516,541 3,7 6 7,76 1 1 3,698,769 2 5 0 .0 0 0 148,753 1 ,4 8 9,27 0 ________ ______1 2 2 0 * .......... 1 2 00 ______1 75 ______1 2 2 6 * ______1 331 555 262* 46 167 526 698 z 307 301 232 3 51 552* 310 z 1351 310* ______z 1 7 7 * .............. 1 2 0 5 * 85* ________z ________ z 405 ________ z 556 ________ z 71* _____i 355 _____J 90 .......z 7 8 5 * ______z 183 ________ z 410 ________ i 115 ...........i 115 P itts b u rg h T r u s t C o S o u th H ills T ru st C o ________ Z ________ z ________ z ________ z ________ z ________ ________ z ________ i ________ i ________ 1 ________ i ________ ________ i 5U ___ z 160 100 ___ z 450 50 ______z 1 1 6 * 100 ______1 830 50 .......... 1 94 W illia m P en n T r C o . W o r k in g m a n ’s S avgs R e a d in g — F a rm e rs ’ N a t B a n k . N a tio n a l U n io n B k _ . P enn N a t B a n k ______ R e a d in g N a t B a n k __ S e co n d N a t B a n k ____ B erk s C o T r u s t C o . . C o lo n ia l T ru s t C o ____ Northeastern Tr Co P e n n sy lv a n ia T r C o . R e a d in g T r u s t C o . . $ 82,4 79 1 ,0 5 8,56 8 1 ,2 6 2 ,6 2 4 3 7 6 ,50 9 1 78,730 3 0 5 ,7 0 6 4 ,0 0 0 ,0 0 0 1 7 ,2 96 ,1 6 4 1 ,0 0 0 .0 0 0 4 7 1 ,6 0 6 063,702 3 0 0 ,00 0 2 ,0 0 0 ,0 0 0 9 ,0 7 3 ,3 3 6 | 3.131.200 1 ,4 7 2,61 6 $ 2 ,1 7 8 ,6 1 7 9 ,4 1 4 ,5 2 9 1 1 ,1 2 2 ,1 3 0 2 ,2 6 7 ,2 6 6 1 ,8 6 6 ,1 0 9 2 ,4 2 1 ,3 2 6 Bid. Ask. Per share. 50 50 50 100 100 100 7 1,5 4 6 ,7 3 0 100 7 59,721 50 1 ,4 3 3 ,8 5 4 60 1 5 ,9 86 ,1 8 7 100 7 ,2 4 8 ,9 4 6 1100 /lOO 1 2 ,2 8 2 ,7 5 8 100 4 ,9 8 7 ,9 0 2 50 1 ,7 7 9 ,4 7 2 100 2 ,6 7 7 ,6 1 3 60 5 5 0 ,7 2 6 50 1 ,7 8 0 ,5 0 9 100 2 ,2 0 2 ,6 3 6 100 2 ,5 0 7 ,7 2 4 60 6 ,4 1 5 ,9 0 3 100 1 8,010,931 100 8 ,7 2 0 ,3 2 7 50 ________ Z ______ z ________ z ________ z ________ ________ z 70 3 45 610 250 1 198 337 . . . . . z ________ z ________z ________ z . . z 8 65 100 60 * . 709’ 110 ________ z ...............z ________ z ________ z ________ z ________ z ________z .............. 2 ________ z ______ z 188 )0 0 151 62*. 270 z 235 1 550 2 ,0 0 0 ,0 0 0 750 .00 0 145,100 1 50,000 150,000 125.000 150.000 125,000 1 .0 0 0 ,0 0 0 2 ,0 0 0 ,0 0 0 5 0 0 ,00 0 4 ,1 5 2 ,9 9 3 650 ,81 9 3 3 ,9 1 6 2 5 5 ,15 8 17,955 2 1 7 ,0 1 9 3 0 5 ,3 4 0 284,531 1 ,3 6 9 ,5 3 7 2 ,7 4 9 ,4 8 7 996 ,10 7 100.000 7 5 ,0 0 0 2 0 0 ,00 0 100,000 3 ,0 0 0 .0 0 0 1 25,000 6 0 0 ,00 0 150,000 500 .00 0 6 0 0 .00 0 6 0 0 ,0 0 0 5 0 0 ,00 0 750 ,00 0 6 ,0 0 0 .0 0 0 5 0 0 ,0 0 0 100,000 100,000 6 ,0 0 0 .0 0 0 200 ,00 0 2 0 0 ,00 0 200 ,00 0 100,000 172.700 6 0 0 ,00 0 3 0 0 .00 0 7 ,5 0 0 .0 0 0 3 ,5 9 7 ,1 6 4 2 6 7 ,0 0 0 1 ,9 5 0 ,6 8 6 8 8,2 58 8 7,7 33 1 ,3 1 4 ,4 2 0 1 ,6 3 3 ,6 0 6 3 0 7 ,7 2 4 5 ,2 4 3 ,3 3 2 5 4 ,1 9 9 ,5 8 8 2 ,5 9 2 ,7 6 6 2 3 7 ,01 0 665 ,51 2 1 3 ,3 47 .5 5 2 9 ,2 0 1 ,5 2 0 875 ,81 5 1 ,5 8 0 ,9 9 9 1 6 ,1 66 ,8 8 5 1,5 3 1,73 1 1 2 ,4 33 ,4 1 9 2 ,2 4 8 ,2 5 5 2 1,3 51 ,9 7 1 2 ,4 5 0 ,7 7 4 3 8 ,4 5 0 ,9 0 3 8 ,3 9 4 ,2 2 8 1 ,0 2 0 ,4 0 6 1 ,0 6 0 ,1 0 8 8 ,4 4 0,95 7 5 ,2 9 3 ,1 7 7 4 7 ,0 2 1 ,7 6 8 1 ,2 3 6 ,1 0 4 1 2 ,9 9 2 ,2 2 5 2 2 4 ,9 3 4 2 ,6 8 8 ,2 3 0 2 ,2 4 2 ,0 0 0 2 8 4 ,6 2 5 7 ,1 8 2 ,9 1 0 71,1 46 ,7 6 1 4 ,9 7 0 ,2 5 9 3 3 0 ,79 0 1 ,1 0 3 ,6 10 1 ,7 0 6,46 7 3 ,8 8 9 ,2 3 2 2 4 2 ,4 4 8 165,505 4,01 6,70 1 6 1 9 ,58 8 3 ,8 4 7,48 7 8 ,9 0 3 ,3 9 9 1 ,2 8 3 ,1 2 5 3 ,0 2 5 ,2 7 9 2 9 3 ,3 1 9 8 ,3 0 1 ,2 2 1 145 ,41 4 ,4 0 9 2 0 0 .00 0 1 ,0 0 0.00 0 2 0 0 ,00 0 100,000 2 0 0 ,00 0 100.000 100.000 300 ,00 0 500 ,00 0 2 .0 0 0 ,0 0 0 1 ,0 0 0.00 0 2 5 0 ,00 0 700 .00 0 250 ,00 0 125.000 2 ,6 0 0 .0 0 0 1 ,5 0 0,00 0 4 5 0 ,00 0 1 ,0 0 0,00 0 125.000 250 .00 0 1 .3 2 0.00 0 2 ,0 0 0 .0 0 0 175,000 165,400 1 50,000 (Z87.135 2 ,4 0 0 ,0 0 0 5 9 5 ,48 3 2 1 6 ,2 1 6 3 7 0 ,4 4 2 2 4 5 ,5 8 5 4 7 ,3 8 4 1 ,2 7 6 ,2 7 8 4 7 5 ,6 4 9 5 ,6 6 7 ,7 3 5 2 ,1 0 2 ,5 7 6 5 6 2 ,72 4 9 5 7 ,01 7 6 259,912 6 5,114 4 ,2 7 6 ,7 8 3 1 ,7 0 7 ,6 5 2 3 2 5 ,9 1 0 1 ,9 5 6 ,3 7 3 (Z85.560 4 3 0 ,0 9 0 7 2 8 ,5 0 0 6 ,7 1 8,81 1 3 1 2 ,14 3 3 8 3 ,5 3 4 2 8 9 ,5 6 6 2 ,474,111 2 1 ,0 2 5 ,4 0 3 6 ,0 5 4,47 4 2,2 4 5,96 1 1 ,5 9 6 ,0 1 4 2 ,2 9 6 ,2 2 4 1 ,3 8 1 ,3 4 0 6 ,3 2 0,79 1 3 ,8 0 1 ,3 0 5 2 2 ,9 1 2 ,9 4 5 3 3 ,2 26 .9 1 1 3 ,4 8 0 ,9 6 3 6 ,2 2 8 ,8 7 5 2 ,2 9 0 ,8 2 5 1 ,9 6 2 ,7 4 8 2 3 ,3 7 8 ,6 9 4 1 3 ,1 60 ,5 2 2 1 ,5 5 0 ,9 4 7 1 3 ,0 0 0 ,1 9 0 1 ,7 2 2 ,5 8 4 1 0,1 76 ,6 6 2 381 ,51 7 1 6,175,001 3 ,3 0 8 ,0 6 8 3 ,0 5 5 ,3 7 8 2 ,9 0 3 ,9 0 1 1 0f 50 100 100 100 50 100 100 100 26 100 50 2 5 0 .00 0 125.000 2 0 0 .00 0 3 0 0 .0 0 0 4 0 0 ,00 0 3 6 1 ,27 4 9 7,5 22 9 1.2 19 4 36,751 5 3 7 ,11 9 3 ,5 0 2 ,3 8 5 1 ,5 4 5 ,5 4 4 1 ,5 6 3 ,3 5 2 5 ,8 1 0 ,9 8 9 6 ,1 0 7 ,5 4 0 50 50 100 100 lo o 83 70 4 ,0 0 0 .0 0 0 2 5 0 ,00 0 8 ,5 6 2 ,2 7 7 (Z337.852 3 0,0 4 6 ,9 8 4 3 ,7 3 7 ,6 1 0 io n lo o 3Q0 275 125,000 t’16,672 1 ,0 6 7,75 9 2 .0 0 0 .0 0 0 2 ,6 4 5 ,6 5 9 1 8,5 27 ,9 2 9 500 .00 0 692 ,58 4 7 ,6 9 6 ,4 2 7 150.000 1 ,4 6 3,91 7 2 4 0 ,0 0 0 4 0 0 ,00 0 4 ,7 4 6 ,6 2 2 162 ,50 0 1 25.000 2 3 6 ,9 6 8 1 ,8 2 9,01 7 125.000 6 74,968 6 7 ,9 0 4 1 ,5 0 0.00 0 5 0 ,0 1 9 ,3 4 0 128 ,63 9 ,1 7 2 3 5 0 .0 0 0 1 ,5 0 4 ,7 1 8 8 ,5 3 4 ,3 8 6 125,000 4 ,5 3 8 ,2 0 2 6 8 0 ,3 9 6 125,000 1 ,6 2 6,38 6 1 7 5 ,92 0 60 60 100 60 50 60 i on 50 50 100 100 100 50 100 io n 50 100 100 51 100 100 50 100 100 100 100 50 100 100 100 100 50 50 100 10C 100 lo r 50 100 27 ft 135 215 385 246* C o u n t y S av B a n k - E le c tr ic C it y B a n k . . F irst N a tio n a l B a n k . G re e n R id g e B a n k . . Keystone B an k.. . . N o r t h S cra n to n B k . P r o v id e n c e B a n k ____ P e o p le s S av & D im e B a n k T r C o __________ S o u th S ide B a n k ___ T h ir d N a t B a n k ___ T rad ers’ N at B a n k .. U n io n N a t B a n k ____ W e st S ide B a n k ____ A n t h r a c it e T r C o ___ L in c o ln T r u s t C o ___ cN ew . 175 175 95 355 390 2 >5 88 1 HO 160 110 155 3 08 135 285 235 130 3 20 360 200 175 135 72 lib 400 107 220 2 60 3 00 325 435 190 4 00 100 100 225 100 100 100 100 100 100 100 6450 100 21 5 50 2 50 50 50.0 00 1 ,8 7 0 ,2 3 0 1 2 ,3 80 ,3 4 5 50 750 5 0 0 ,01 0 2 0 0 .00 0 3 0 0 .00 0 5 0 0 ,00 0 3 0 0 .00 0 1 ,0 0 0 ,0 0 0 600.00(1 5 0 0 ,00 0 1 ,0 0 0.00 0 5 0 0 ,00 0 1 ,9 1 1 ,6 3 6 1 ,0 4 6 ,1 4 3 8 6 2 ,44 4 1 ,6 5 1,82 7 1 ,0 8 3 ,9 2 7 1 ,3 4 1 ,5 8 2 3 7 1 ,27 7 2 9 9 ,51 0 2 ,6 0 7 ,5 4 2 1 ,3 6 4 ,5 5 4 9 ,5 2 1 ,1 1 6 2 ,8 2 2 ,3 2 0 5 ,9 3 4 ,2 6 6 1 2,5 99 ,1 0 3 3 .2 8 6 ,1 8 3 6 ,8 1 2 .9 6 4 4 ,8 0 1 .1 8 8 2 ,7 5 6 ,9 5 5 1 3 ,3 5 2 .1 2 0 2 ,7 2 7 ,0 2 4 30 25 100 100 100 10 10 165 160 3 90 5 )0 5 10 39 22 170 165 4 00 525 100 100 620 495 625 5 00 500 .00 0 6 0 0 .00 0 80.0 00 2 ,0 0 0 ,0 0 0 50.0 00 125 .00 0 2 0 0 ,0 0 0 75,0 00 754,101 729 ,92 0 (2175,016 3 ,7 0 2 ,2 2 6 (Z119.354 (Z223.720 2 32 2 ,7 6 9 (Z203.668 5 ,6 0 3 ,7 6 6 7 ,1 3 3 ,8 9 4 1 ,337,531 3 7 ,7 3 3 ,2 3 3 866 ,82 3 1 ,3 9 3 ,3 9 9 2 ,8 5 3 ,1 8 0 1 ,5 1 6 ,0 1 6 50 100 50 100 60 50 60 60 281 595 170 QQO 224 160 2 48 130 1 ,0 0 0 ,0 0 0 2 0 0 .00 0 400,000 5 0 0 ,00 0 600 .00 0 120.000 500 .00 0 500 .00 0 1 ,4 1 6 ,4 1 4 d325,000 1 ,3 9 9,86 6 1 ,1 7 2 ,8 2 2 3 7 8 ,84 5 (Z410.46S 4 9 3 ,1 1 9 (1340,569 1 5 ,5 50 .2 3 3 3 ,0 0 0 ,0 0 0 1 0 ,1 4 5 ,6 8 5 9 ,6 5 2,38 1 3 ,5 8 3 ,7 6 9 2,93 0,49 9 4 ,6 6 0 ,4 5 2 3 ,4 7 0 ,2 o 0 100 50 100 100 100 50 50 100 5 14 225 2 45 714 240 197 234 230 Per share. S cra n ton — Bosak S ta te B a n k ____ * Sale price, a Capital paid in; authorized amount is larger. 6 June 30 1926. g Dec. 31 1921. I Last sale, v Failed on Jan. 7 1927. x Ex-dividend. S a v ’gs _____ l 2 6 5 * 5 0 0 ,0 0 0 2 5 7 ,49 5 750 .00 0 1,43 4,57 3 4 0 0 .00 0 3 4 5 ,55 4 125,000 4 8 ,4 2 8 125.000 5 1,2 45 1 ,0 0 0 ,0 0 0 1 ,2 7 5,28 8 5 0 0 .00 0 1,00 1,58 7 125,000 110,995 1 ,5 0 0 ,0 0 0 4 ,6 0 0 ,9 0 9 1 ,0 0 0 .0 0 0 2 ,2 4 6 ,8 6 0 2 4 0 ,60 0 132,134 30U.UU0 593 ,94 9 200 ,00 0 4 13,177 6 .7 0 0 .0 0 0 2 4 ,2 62 ,5 1 2 1 ,4 7 0.00 0 4 ,7 7 6 ,9 9 5 1 ,5 3 0.00 0 2 50.000 882 ,98 4 1 ,5 0 0.00 0 2 ,9 3 7 ,8 6 5 1 ,0 0 0.00 0 2 ,1 5 9 ,8 8 5 2 00.000 459 ,56 2 3 ,0 0 0 .0 0 0 1 1,743,935 1,000.000 1,277,051 125.000 2 03,121 200 .00 0 3 37,919 1 2 5 .00C 173,227 6 0 0 .00C 2 ,0 1 1 ,0 4 8 7 5 0 .00C 4 ,0 7 0 ,5 0 8 2 0 0 .00C 7 6,155 5 0 0 .00C 1,4 0 5,53 3 200.000 5 9,716 3 ,0 0 0 .0 0 0 1 3,6 60 ,1 3 2 7 0 0 ,00 0 1,1 1 7,43 7 1 ,0 0 0.00 0 2 ,1 7 9,04 1 2 5 0 .0 0 0 564 ,36 0 5 0 0 ,0 0 0 227 ,20 9 $ 2 0 0 .0 0 0 5 0 0 ,00 0 1 50,000 500 ,00 0 2 5 0 ,00 0 150.000 Surplus <% Gross Profits. Deposits. Par P itts b u r g h — share ________ ............... ________ ............... ________ ............... ............... [ V o l . 124, d Sept. 27 1926. e Sept. 19 1924. 40 23 Per share. 288 600 175 1000 2 45 2 38 2 35 /Ju n e 30 1926. T E N N E S SE E — (C o n c lu d e d ) P E N N S Y L V A N IA (C o n c lu d e d ).— Capital. Surplus A Profits. W ilk e s -B a r r e — D im e B k T it & T r C o First N a tio n a l B an k H anover B k & T r — H eigh ts D e p o s it B k_ L ib e r ty St B k & T C o M in ers' B k o f W - B - P enn B k & T r C o . . S econ d N a t B a n k ___ So Side B k & T r C o . U n ion S av B k & T r W -B D e p & S av B k . W y o m in g N a t B a n k . W y o m in g V al T r C o . $ S 684 ,01 5 4 0 0 ,0 0 0 3 7 5 ,0 0 0 1 ,2 0 1,94 5 J349 .6 6 2 2 5 0 .0 0 0 d 2 14,339 5 0 .0 0 0 J109 .4 1 9 1 50,000 2 .0 0 0 .0 0 0 (14,769,139 d 3 48,544 2 0 0 .00 0 1.0 0 0 .0 00 2 ,9 9 9 ,3 0 6 J173.481 125.000 d 3 1 1,779 436 .50 0 740 ,56 9 3 0 0 .00 0 985,711 5 0 0 .00 0 3 5 0 .0 0 0 1 ,4 0 3 ,3 9 8 W i ll i a m s p o r t — First N a tio n a l B an k W illia m sp ort N B k . L y c o m in g T r u s t C o . Susq T r u s t C o _______ 3 0 0 .00 0 2 * 0 .0 0 0 2 ,0 0 0 ,0 0 0 6 0 0 .0 0 0 530 ,07 6 351 ,13 2 5 5 0 ,00 0 720 ,53 0 Y ork— C en tra l N a t B a n k . . D rov & M e ch N B k . First N a tio n a l B a n k . In d u strial N a t B a n k . W estern N a t B a n k .. Y o r k C o N a t B a n k .. Y o r k N a t ’l B a n k ___ O ltiz S avs & T r C o . . G u ar T r C o o f Y o r k . Y o r k T r u s t C o ______ 2 5 0 ,0 0 0 1 00,000 5 0 0 .00 0 1 00 .0 0 2 2 5 .00 0 3 0 0 ,00 0 500 .00 0 500 .00 0 500 .00 0 500,000 257 ,36 3 346 ,78 5 5 78,995 173,698 390 ,11 5 903 ,53 4 5 73,907 d 2 3 1 ,045 5 96,150 7 5 3 ,24 0 Gross Deposits. Par. Ask. Bid. Per $ 50 3 ,6 3 9,38 7 7 ,5 4 5,31 3 100 1,525,104 50 50 1,586,922 50 1 ,302,999 50 1 8,980,520 2 ,3 8 5 ,2 9 4 100 11,151,711 100 1,720,152 50 1,784,912 t 25 50 5 ,2 1 1,89 0 5 ,3 9 3,98 9 50 5,8 6 9,61 3 50 185 285 140 225 90 200 295 450 120 50 4 00 154 2 50 4,28 1,92 1 1 ,210,345 1 3,875,000 3,9 9 1,61 1 100 100 100 50 275 240 205 120 1 ,990,518 2 ,0 8 1 ,0 4 0 6 ,0 3 2,25 9 1 ,150.172 2 ,7 0 2 ,6 3 2 3 ,0 0 3,00 3 3 ,4 7 4 ,1 7 6 2 ,5 5 9 ,9 5 2 3 ,0 7 7 ,4 1 0 3 ,2 4 5 ,6 1 9 100 100 100 180 250 2 20 100 20 25 25 25 50 180 64 55 38 62 120 share 300 145 240 95 _____ 125 425 158 2 60 Per share. 275 240 225 120 Per share. 3 9 !^ R H O D E I S L A N D — National banks Dec. 3 1 ; State institutions Dec. 3 1 . Per share. N ew p ort— A q u id n e ck N a t E x c h N e w p o rt N a t B a n k . N e w p o rt T ru s t C o __ 3 0 0 .0 0 0 1 2 0 .00 0 3 0 0 ,0 0 0 P r o v id e n c e — B la ck ston e C an N a t . C olu m b u s E x c h B k . H igh Street B a n k — M e c h a n ics' N a t B k . N a t B an k o f C o m m . P h en lx N a t B a n k . . P rov id en ce N a t B k . In d u strial T r u s t C o . L in co ln T r u s t C o ___ R hode I H os T r C o . U n ion T r u s t C o ____ 5 0 0 ,0 0 0 2 0 0 ,0 0 0 120 ,00 0 5 0 0 ,0 0 0 8 5 0 ,0 0 0 4 5 0 ,00 0 1 ,5 0 0,00 0 4 ,0 0 0 ,0 0 0 1 25,000 3 ,0 0 0 ,0 0 0 1 .0 0 0 ,0 0 0 W oon sock et— C itiz e n s ’ N a t B a n k . . N a tio n a l G lo b e B k . . W oon sock et T ru st C o 100 ,00 0 1 00,000 7 5 ,0 0 0 3 5 2 ,16 0 108,743 3 7 2 ,94 8 6 ,5 2 6,58 8 607 ,82 4 3 ,2 7 8,04 3 50 60 100 91 160 1111 93 165 Per share. 25 67 4 ,0 7 1 ,8 7 8 861,601 50 0 143,000 2 ,8 5 0 ,0 0 0 50 100 2 ,3 4 1 ,3 4 7 0202,449 60 50 376,661 6 ,5 6 5 ,3 6 5 50 105 1 ,2 8 5,46 8 8 ,9 2 9 ,2 9 4 60 114 3 ,1 2 3 ,8 4 4 1 ,2 6 2,21 8 2 ,8 6 1,24 1 13,0 56 ,0 6 8 100 2 80 9 ,3 0 9 ,1 0 8 138,793,276 100 4 05 0140,398 1,1 8 2,10 4 25 6 ,7 7 5 ,8 2 9 9 7,4 64 ,8 3 2 1000 5000 1,0 0 6,75 2 2 2 ,6 12 ,4 1 3 100 180 66,2 22 101,360 0 174,833 1,13 4,31 6 8 73,652 3,27 7,32 1 100 25 100 415 Per share. 110 45 47 Per share. C h a r le s to n — A tla n tic N a t B a n k . . A tla n t ic S a v B a n k . . C arolin a S av B a n k . . M in er s & M e r c h B k . P e o p le ’s-F irst N a t B k S o C arolin a N a t B k . 2 0 0 ,0 0 0 2 0 0 ,0 0 0 2 0 0 ,0 0 0 5 0 ,0 0 0 1 ,0 0 0 ,0 0 0 1 .1 0 0 .0 0 0 1 40,000 388 ,19 2 188,712 37,5 07 550,221 1 ,0 5 3 ,1 6 8 3 ,3 4 6 ,1 8 2 3,80 8,28 1 3,25 2,34 1 4 1 6 ,40 2 8 ,4 9 6,94 9 2 3 ,9 2 4 ,5 1 6 100 100 100 100 100 100 150 271 225 120 140 2 00 G r e e n v ille — A m er B k & T r C o ___ F arm ers & M e r B k . . F irst N a tio n a l B a n k . P eop les N a t B k ------P ie d m o n t S a v & T r . W o o d s id e N a t B k ___ 225 .00 0 2 5.000 2 0 0 .00 0 200 .00 0 5 0,000 2 5 0 ,00 0 4 0.9 67 6 3,749 2 9 3 ,06 2 4 2 2 ,3 1 9 8 9,0 88 7 1,8 36 1,30 7,38 4 2 9 1 ,41 8 2 ,0 2 2 ,8 6 6 3 ,5 1 2,28 0 1 ,9 9 6,02 0 2 ,6 3 1 ,1 7 8 100 50 105 1 50,000 100,000 2 0 0 .0 0 0 4 0 0 .00 0 1 00,000 142,177 6 6,0 32 6 8,139 3 1 7 ,59 6 11,333 194,187 127,797 3 3,251 716,861 7 81,023 1 ,359,443 2 ,9 7 1,25 2 538,471 3,111,731 959 ,95 0 4 2 2 ,60 6 5 0 0 ,0 0 0 1 00,000 6 0 ,0 0 0 280 250 125 150 210 110 50 100 e 100 119 121 100 100 100 100 100 100 100 100 160 145 95 159 75 142 218 140 165 150 101 160 80 146 221 145 T E N N E S S E E — N ational banks Dec, 3 1 ; State institutions Nov. 2 2 . C h a tta n o o g a — K n o x v il l e — C it y N a tio n a l B a n k E a s t T en n N a t B an k H o ls to n N a t B a n k . . U n ion N a t B a n k ____ M e m p h is — B ank o f C om & T rC o C o lu m b ia S av B a n k . F irst N a tio n a l B an k F id e lity B k & T r C o . L ib e r ty S B k & T r . . M a n S av B k & T r — S o lv e n t S B k & T r . . S tate S avings B a n k . U n ion & P la n ters’ B an k & T ru st C o . Per share 5 0 0 ,00 0 673 ,01 0 3 ,9 2 0 ,9 1 4 100 1 ,0 0 0,00 0 1,2 5 0,00 0 1 ,5 0 0,00 0 250 .00 0 7 9 5 ,33 6 1,34 4,05 3 928 ,19 9 « 2 3 0 ,8 0 0 6 ,2 5 9 ,3 9 7 19,7 03 ,0 4 3 15,8 52 ,6 9 3 3 ,9 0 3 ,5 6 6 100 100 100 100 6 0 0 .00 0 1 ,0 0 0.00 0 200 .00 0 6 00,000 600 ,00 0 5 14,349 C737.844 167,446 7 6 0 .78 6 136,819 1 3,7 75 ,4 0 7 8 ,3 2 1 ,8 1 9 4 ,1 6 3 ,6 8 0 6 ,4 1 7 ,6 4 6 6 ,1 6 0 ,3 9 3 100 100 100 100 100 300 240 3 ,0 0 0 ,0 0 0 100,000 1 ,0 0 0.00 0 1 ,0 0 0 ,0 0 0 1 5 0 ,00 0 100 ,00 0 5 0 ,0 0 0 2 ,5 3 5 ,9 9 5 65,3 24 9 63,512 129,161 2 2 8 ,02 6 2 3 4 ,55 6 a l ,531 7 3,9 82 2 9,9 08 ,9 9 1 7 5 0 ,32 4 1 8,8 57 ,3 8 6 5 ,2 5 0 ,9 6 6 4 ,3 2 2 ,5 8 5 4 ,3 2 7 ,6 2 8 7 11,521 1 ,3 9 9 ,2 0 9 100 100 100 100 100 100 10 100 375 165 280 90 150 5 45 4 303 380 170 285 92 155 575 5 2 ,5 0 0 ,0 0 0 4 2 5 ,67 9 2 8 ,5 8 9 ,2 1 0 100 118 120 C h a tta n o o g a S B k & 3 0 0 .0 0 0 Per share 225 165 Nashville— A m e r ic a n N a t B a n k . A m e r ic a n T r u s t . B r o a d w a y N a t B an k C e n tra l N a t B a n k . . C o m m e rc e -U n io n B k F o u r th & 1st B & T C o F o u r th & F irst N B T en n essee H e rm ita g e N a tio n a l B a n k ___ L ib e r t y B k & T r C o . N a s h v ille T r u s t C o . . Gross Deposits. 1 .5 0 0 ,0 0 0 5 0 0 ,00 0 3 0 0 ,0 0 0 3 0 0 ,0 0 0 5 0 0 ,0 0 0 5 0 0 ,00 0 1 ,5 0 0 ,0 0 0 $ 1 ,4 4 8 ,8 9 9 n 2 9 4 ,0 8 8 3 1 6 ,3 3 9 101 ,97 8 3 7 0 ,60 3 n 3 0 6 ,2 2 7 1 ,6 4 2,23 6 1 9,4 11 ,6 3 4 4 ,8 5 4 ,2 4 0 4 ,3 9 6 ,2 4 0 2 ,2 9 8 ,3 9 5 6 ,6 2 5 ,5 4 7 7 ,4 9 3 ,0 1 3 2 0 ,4 1 9 ,6 8 7 100 100 100 100 100 100 100 350 320 2 90 1 <5 220 340 340 360 325 300 175 227 3 60 360 3 0 0 ,0 0 0 100,000 3 5 0 ,00 0 7 5,5 33 2 5,7 56 4 8 4 ,1 4 4 1 ,5 0 2 ,1 5 3 6 7 9 ,1 8 8 4 ,4 7 7 ,9 5 9 100 100 100 101 126 340 102 •29 360 $ 325 250 175 Per share % Par. Bid. Per Ask share T E X A S — N ational banks, Dec. 3 1 : Slate institutions, Dec. 3 1 . Austin— American Nat Bank. Austin Nat Bank__ Citizens State Bank. Texas Bank & Trust. 300,000 300,000 125,000 200,000 C549.709 742,657 c43,291 £61,000 5,534,113 6,997,932 2,325,929 2,000,000 100 100 100 100 Per s h a r e 265 250 _ _ __ 125 — — Beaumont— American Nat Bank. City Nat’l B an k.. . First National Bank. Secur St Bk & Trust. Texas National Bank 250.000 250,000 400,000 100.000 250,000 511,963 110,220 451,904 17,074 118,361 5,650,249 2,541,814 8,600,895 909,771 3,620,268 100 100 100 100 100 Per s h a r e 300 125 225 115 125 — <110 5.000,000 4,050,000 42,128,403 3.000.000 1,672,188 28,265,438 750,000 C160.303 8,695,222 C50.965 2,392,900 250.000 500,000 190,358 4,147,142 2.500.000 1,750,01)0 22,560,848 4,856,960 150.000 386,101 1.000,000 403,172 10,350,892 1,000.000 387,025 5.408,382 127,071 500,000 2,892,160 a862 755,113 100,000 100 100 100 100 100 100 100 100 100 100 100 Dallas— Am Exch Nat Bank. City National Bank. Mercantile Nat Bank Mercantile Tr & S Bk Dallas Nat Bank___ Republic Nat Bank. Nat Bk of Comm’ce. North Texas N B k .. Dallas Tr & Sav Bk. Republic Tr&Sav Bk Fort Worth— Continental Nat Bk. 750,000 Farm & Mech N Bk. 1,000.000 First National Bank. 1,000,000 Ft Worth State Bank 100,000 Ft Worth Nat Bank. 1,000.000 Stockyards Nat B k .. 200.000 Texas N at’l Bank__ 500.000 Galveston— City National Bank. First National Bank. South Texas Nat Bk. U S National B an k.. Houston— Citizens State Bank. First National Bank. Guaranty Nat Bank. Gulf State Bank___ Houston Nat B ank.. Seaport Nat Bank__ Second Nat Bank__ Nat Bank of Comm. Public Nat Bank___ State Nat Bank_____ Union Nat Bank___ South Texas Comm’l Nat Bank________ Guardian Trust C o. . Houston Land & T r. Marine Bank & Trust San Jacinto Trust__ 200,000 200,000 750,000 1,000,000 100.000 2.500,000 200,000 100.000 800.000 250.000 1,000.000 500.000 300.000 500.000 1,000,000 W aco — Citizens’ Nat Bank . 250.000 First National Bank. 1,000.000 200.000 First State B & T Co Liberty Nat Bank__ 300.000 100.000 National City Bank. 300.000 Provident Nat Bank. Per 290 290 113 113 140 215 270 130 150 115 251,240 10,441,399 100 100 353,591 10,610,365 100 275 89,244 3,151,984 100 1)0 275,157 351,560 900,000 cl 4,000 1,367,372 130.000 250,567 252,491 261,051 282,151 164,021 6,971 943,335 152,417 19,696 507,315 12,378 915,000 756,595 60,601 127,128 1,013,434 10,316,342 13,196,855 20,975,421 835,000 17,809,273 3,179.68^ 5,520,218 100 100 100 100 100 100 100 sh a re 292 H 300 115 115 145 155 125 120 120 Per s h a r e 130 140 150 250 300 300 250 325 300 200 210 Per 7,644,730 100 175 3,786,580 100 195 6,043,297 100 11,183,347 100 100 sh a re 185 205 V-----110 No minal p r i c e s 639,376 100 95 100 35,882,465 100 300 2,019,413 100 175 190 1.347,260 100 90 100 12.864,394 100 200 215 918,345 100 90 95 16,421,410 100 255 260 10,609,418 100 270 300 3,290.580 100 122 128 5,865,229 100 170 190 16,577.467 100 250 275 1.500.000 1,000,000 25,993.560 513,654 300.000 3,711,900 491,490 4,514,772 1.000.000 106,298 2,074,163 300.000 232,624 3,197,472 300,000 San Antonio — Alamo Nat Bank___ 1,000,000 City National Bank. 1,000.000 Commercial Nat Bk. 200.000 Frost National Bank 1,000.000 Groos Nat Bank___ 250.000 Guar Bond State Bk. 200.000 Lockwood Nat Bank 200.000 600,000 Sam Houston State Bank & Trust___ 100.000 500.000 San Antonio Nat Bk. 200.000 Central Trust C o __ Com’wealth B & TCo 300.000 300.000 Texas State Bk & T r. 391,863 8.947,427 299,292 9,977,617 36,988 3,349,352 648,900 11,762.244 162,797 1,909,703 199,313 5,095,294 390,655 2,543,380 333,795 5,670,653 100 100 100 100 100 270 390 150 115 160 100 100 100 100 100 100 100 100 25,000 182,588 51,594 142,527 44,656 444,847 100 2,076.425 100 3,498,050 100 2,984.255 100 2,859,478 100 217,774 339,752 81,471 166,945 C37.642 166,682 3,291,597 100 7,647,909 100 905,525 100 3,038,670 100 537,193 100 1,890,591 100 300 405 120 170 Per sh a re Per sh a re 200 205 100 200 90 125 212 105 205 100 140 U T A H — National banks Dec. 31; State institutions Dec. 3 1 . O g d e n —■ C o m m e r c ia l S e c B k _ N a t BaDk o f C o m m . F irs t S av B a n k . . . O gden S ta te B a n k . . F irs t N a t B a n k ___ S a lt L a k e C i t y C o n tin e n ta l N a t B k . D e s e re t N a t B a n k . . . D e s e re t S av B a n k ___ N a tio n a l C o p p e r B k . U ta h S ta te N a t B an k U ta h S av & T r C o . . W a lk e r B ro s, B ’ k e rs . Z io n S a v B k & T r C o * Sale p rice , a A p r il 12 1926. 6 S e p t. 28 1925. c J u n e 30 1 926. d S e p t. 27 1 926. 1926. I L a st sale, n D e c . 31 1926. t N e w s to c k , x E x -d iv id e n d , y C lo s e ly h e ld . Surplus A Profits. Capital. El Paso— First National Bank. 1,000,000 State Nat Bank. 300.000 Amer Tr & Sav Bk_ 300.000 S O U T H C A R O L I N A —N ational banks Dec. 3 1 ; State institutions Dec. 3 1 . S p a rta n b u rg — A m erica n N a t B k ___ B an k o f C o m m e r c e .. C arolin a N a t B a n k . C en tra l N a t B a n k __ D o lla r S av B a n k ____ F irst N a tio n a l B an k M e r & F a rm B a n k . . S ou th ern T r u s t C o __ 63 BANKS AND TRUST COMPANIES F eb ., 1927.] 2 0 0 ,0 0 0 2 5 0 ,0 0 0 2 5 0 ,00 0 100,000 5 0 0 ,00 0 6 0 0 ,00 0 5 0 0 ,00 0 5 0 0 ,00 0 5 0 0 .00 0 500 ,00 0 3 0 0 .00 0 1 ,0 0 0,00 0 1 ,0 0 0 ,0 0 0 1 4 3 ,59 9 6 6,7 97 1 70,108 3 1 4 ,43 5 113 ,50 6 2 2 7 ,4 1 2 6 1 2 ,08 3 252 ,73 1 1 10,250 4 4 2 ,5 3 3 194,613 621 ,43 7 /6 5 1 .7 6 2 2 ,3 6 4 ,7 1 0 2 ,7 3 9 ,9 8 0 3 ,7 0 7 ,4 1 9 7 ,8 1 0 ,4 9 2 5 ,9 2 5 ,5 2 2 1 3 ,4 5 2 ,2 1 8 6 ,0 5 5 ,8 2 5 6 ,5 0 5 ,3 5 3 6 ,7 2 3,28 1 8 ,5 6 3 ,3 2 6 1 ,9 5 0 .0 8 9 2 3 ,6 1 2 ,1 8 5 1 1 ,2 2 9 ,3 8 2 e S o ld w ith F irst N a tio n a l B a n k . 100 100 100 100 100 100 100 100 100 100 100 100 100 Per share. 155 95 255 600 150 155 Per share. 125 270 197 130 215 155 185 320 / O c t . 5 1926. 170 100 255 140 975 200 140 2 30 160 192 340 Q S ep t. 8 BANKS AND TKUST COMPANIES 64 WEST VIRGINIA— National banks Dec. 31; State Institutions D ec. 31. VERMONT— National banks Dec. 31. Capital. Barre— Burlington— Chittenden Co Trust Howard Nat Bank Merchants Nat Bank Burlington Trust C o . Montpelier— Capital S B & Tr C o. First National Bank Montpelier Nat Bank M ontp’r S B & Tr Co Rutland— Rutland Trust C o__ $ 75,000 100,000 100,000 200,000 500,000 150,000 250.000 Surpltis & Profits. $ 88,436 223,030 54,000 219,645 328,799 222,150 564,946 Gross Deposits. Par. Bid. Per $ 2,755,535 100 4,490,569 100 1,726,074 100 4,413,212 4,025,669 696,780 5,869,283 Ask. share 180 101) 40 100 Per share. 150 135 65 150 Per share. 165 125 125 135 350 100,000 150,000 150,000 100,000 155,161 74,695 160,962 226,427 2,809,927 2,680,834 1,978,775 4,614,381 100 100 100 100 TOO 000 100 000 100 000 100,000 50,000 100 41 5 280,81 9 154,935 153,284 310,941 549 275 2,889,226 358,835 1,891,647 2,170,554 100 100 100 100 100 Per share. VIRGINIA— National banks Dec. 31; State institutions Dec. 31. Lynchburg— First National Bank. 1,000,000 1,134,471 Lynchburg Nat Bank 1,000,000 870,639 People’s Nat B an k.. 500,000 605,440 10,109 150,000 5,220 Mutual Sav Bk & Tr 200,000 Lynchburg Tr & S B . 300,000 397,897 Per 6,161,016 100 250 3,918,145 100 205 3,351.055 100 235 952,614 569,106 100 2,976,081 100 380 Per Norfolk— Citizens Bank . 1,000,000 770,289 5,938,862 100 232 319,705 2,819,652 100 1750 Mer & M ec Sav Bk 35,000 1,730,347 100 875 Merch & Planters Bk 50,000 394,256 Norfolk Nat Bank of Com & Tr C o __ e2,500,000 r3,408,804 34,078,564 100 n290 1,000,000 761,806 8,845,543 100 200 Seaboard Nat Bank 258,080 2,747,149 100 175 Virginia Nat B an k .. 500,000 share. 210 237^ 100 share. 235 2250 950 300 205 180 Virginia Nat B a n k .. 500,000 400 000 l.oooiooo <1603,629 159 677 226,338 3,199,783 3 134,111 4,898,790 Per share. 100 100 115 100 100 125 Portsmouth— American Nat Bank. Bank o f Tidewater.. Citizens Trust C o— First National Bank Merch & Farmers Bk 500,000 250,000 250,000 300,000 500,000 130,255 122,373 51,042 196,598 245,484 3,347,481 1,060,755 553,090 1,592,577 2,912,777 100 100 100 100 100 120 140 115 190 175 125 160 120 200 200 2,000,000 1,520,416 16,813,371 500,000 709,981 4,457,320 80,516 2.028,960 300,000 1,000,000 883,270 8,629,733 3,000,000 3,420,892 44,893,709 1,805,027 200,000 204,955 100 100 100 100 100 100 Per 200 239 117 250 262 235 share. 210 245 125 265 266 260 2,500,000 2,681,174 35,733,807 1,656,869 200,000 439,875 778,468 3,635,405 750,000 1,534,182 187,249 100,000 198,979 3,524,481 1,000,000 5,211,108 1,000,000 1,657,913 25 51 25 100 25 45 25 73 100 90 100 550 Petersburg— Petersburg Sav & T r. Richmond— American Nat Bank Bank o f Comm & T r. Broadway Nat Bank Central Nat Bank---First & Mer Nat B k. Mech & Mer B an k.. State-Planters Bank & Trust C o . ---Sav Bank of Richm’d Un Bk & Fed Tr C o. West End Bank. . . Richmond Trust Co Virginia Trust C o — Roanoke— American Nat Bank. 216,000 2,100,000 100 205 300,000 319,603 3,279,659 100 200 Colonial Nat B an k .. 600,000 865,147 100 101 State & City B an k .. 200,000 <216,451 First Nat Exch Bank 1,000,000 |1,253,667 20,040,821 100 500 Mountain Trust B k. 760.000 <2247,500 1,800,000 100 130 54 no 47 80 92 600 Per Seattle— 600,000i 62,271! 2,085,579 100 Amer Exchange Bank 400.000 Bank for Savings----42,1611 1,012,562 100 905,020 250,000' 41,410 j Brotherhood Bk & Tr 5,802,169 100 Canadian Bk o f Com 200.0001 Dexter-Horton N ’Bk 2,200,000! 1,509’,928! 36,531,302 100 270 First National Bank 950,194 15,317,082 100 430 500,000! 1.911,657 100 100.000| Japanese Co ml Bank 117,887 1,032,698 46,498 Marine Central Bank 200,000 Marine Nat Bank---000,000 144,086 5,201,143 100 210 Metropolitan Nat Bk 500.000 432,098 9,450,133 100 280 Nat Bk of Commerce 1,000,000 1,083,693 22,639,407 100 357 314,192, 5,181,397 100 172 Nat City Bk of Seatt 500.000 149,776! 6,362,329 100 People’s Sav B an k.. 250.000 Seattle Nat Bank— 1,000.000 1,175,058, 25,257,758 100 315 1,136,953 40,544 SumitomoB ofSeattle 200.000 120,093 2,521,535 100 University Nat Bank 200,000 86,645 2,478,267 2,823,186 65,919 308,074 10,504,831 124,292 4,432,791 643,010 19,252,246 1,147,011 77,508 306,537 10,249,871 1,812,541 164,737 100 100 100 100 100 100 100 100 Surplus & Profits. Capital. Wheeling— Centre Wheeling Sav Citizens’-M utual $ 100,000 $ 6109,994 Par. Bid. WISCONSIN—-National banks Dec. La Crosse— Batavian Nat Bank. 400,000 Exchange State Bank 50,000 Nat Bk of La Crosse 500,000 Security Savs Bank. 60,000 State Bk of La Crosse 100.000 Milwaukee— American Nat Bank Badger State Bank. Bay View Com & S B Central State Bank . . First Wisconsin N Bk Grand & Sixth N Bk B ome Savings Bank. Holton St State Bk Kilbourn State Bk__ Layton Pk State Bk _ Liberty State Bank Lincoln State B an k.. Marine Nat Bank Marshall & Ilsley Bk Merch & Farm State Merch & Manuf B k. Milw Comm'l Bank Mitchell St State B k. Nat Bk of Commerce Nat Exchange Bank. North Ave State Bk. Northwestern Nat Bk Park Savings Bank. . Second Ward Sav Bk Security Bk of M ilw. Teutonia A veStateBk Vliet St State Bank . West Side Bank . . Wisconsin State Bk North Avenue State. First Wise Trust C o. 1,000,000 200,000 100,000 100,000 300.000 150.000 6,000,000 200,000 100,000 100,000 50.000 50.000 100.000 100,000 1.000,000 1,250,000 200.000 400,000 100,000 200,000 1,000,000 500,000 200,000 200,000 200.000 1,000,000 100,000 100,000 200,000 400,000 100,000 200,000 1,000,000 Ask. Per share. 100 250 $ 1,842,174 600,000 420,000 6,018,811 100 180 Half Dollar Sav Bank 100,000 6240,253 2,326.611 100 265 Nat Bank of W Va 580.022 4,843,928 100 165 500,000 Nat Exchange Bank 500,000 612,748 5,232,830 100 230 Cent Union Tr Co 269,398 2,031,505 100 110 500,000 So Side Bk & Tr Co 1,680,607 100 250 100,000 6200,949 Dollar Sav & Tr C o. 1,165,100 2,551,803 11,963,260 100 315 Security Trust C o__ 300,000 6427,628 3,570,684 100 250 Wheeling Bank & Trust C o________ 710,502 7,424,337 100 275 500,000 _____ 125 325 285 31; State institutions Dec. 31. Per share. 432,902 4,438,290 100 220 897,349 100 150 46,460 500,418 5,580,527 100 225 1,228,404 100 150 28.731 — 120,573 2,165,048 100 210 403,144 283,920 60,461 23,899 69,930 85,775 4,995,444 50,000 44,056 32,770 89,960 41,626 71,911 40,992 902,244 1,701,159 163,894 334,244 61,079 196,366 479,300 906,075 116,361 69,056 167,947 3,071,275 77,556 212,150 87,600 C578.919 425,515 6123,439 1,213,410 100 100 100 101 101 100 100 100 100 100 11,648,043 7,056,937 2,330,947 1,377,425 2,719,606 1,809,782 92,588,975 950.296 2,110,488 1,218,553 1,581,829 1,137.628 1,152,605 1,328,908 13,033,891 26,351,408 3,201,247 2,924,261 1,999,525 3,478,655 8,999,905 8,608,187 3,542,345 1,146,452 3,072,986 36,950,041 1,539,178 2,575,250 1,381,739 3,539.608 3,911,095 3,463,280 3,624,370 100 100 jLUl 100 lot lot 100 100 100 100 100 lot! 100 100 100 100 100 lot) 100 100 100 2,876,617 4,609,723 100 100 Per share. 120 ________ 150 175 140 124 121 222 iso 120 130 268 222 113 157 130 ________ 148 210 170 160 162 135 325 126 175 350 170 WYOMING— National banks Dec. 31. Cheyenne— American Nat Bank. Stock Growers N B k. 250,000 400,000 242,603 130,170 Per share. CANADA. 135 Capital Paid in. Reserve Fund. Deposits. Par. Prices are per cent, not per shar e. Halifax— 8 $ $ Bank of Nova Scotia 10,000,000 19,500,000 188,450,516 100 share. 275 Bid. Ask. per cent. 300 ONTARIO. T oron to—Bank of Toronto____ Can Bank of Comm . Dominion Bank Imperial Bank of Can Standard Bank_____ 5,000,000 20,000,000 6,000,000 7,000,000 4,823,400 7,000,000 20,000,000 7,000,000 7.500.000 2.900.000 Per 88,660,307 100 236 397,858,366 100 242 93,137,999 100 225 94,858,545 100 218 72,674,164 50 206 cent. 238 245 229 219 360 180 QUEBEC. 325 M ontreal— Bank of Montreal . Banque Canadienne. Provincial Bk of Can Royal Bk o f Canada. Per cent. 292 29,916,700 29,916,700 636,156,982 100 5,500.000 5,500,000 112,697,677 100 164 166 4,000,000 1,500,000 37,527,564 100 259 K 2603^ 24,400,000 24,400,000 608,176,382 100 1/264 264M SASKATCHEW AN. W eyburn— Weyburn Secur Bank 524,560 225,000 Tacoma— 180 419,626 15,208,8371 100 175 Nat Bank o f Tacoma 1,000,000 130 Pueet,.Sound Nat Bk 300.000 108,027' 3,106,815 100 n o * Sale price, a N ov. 8 1926. 5 June 30 1926. c Oct. 28 1926. d June 30 1926. New Capital. ‘Last sale, statement, x Ex-dividend, y Ex-rights. Gross Deposits. Returns are all of date Nov. 30. 1926. NOVA SCOTIA. WASHINGTON— National banks Dec. 31; State Institutions Dec. 31. Spokane— 100,000 American Bank------Brotherhood Nat Bk 200,000 Exchange Nat Bank. 1,000,000 Fidelity Nat B an k.. 500.000 OidNatBk&UnTrCo 1,500,000 Security State Bank. 25.000 Sook & East T r C o - . 1,000,000 Washington Trust Co 200.000 [ V o l . 124, | 5,135,t)33j 100 n Nominal, r Consolidated J. G. White & Company IN C O R P O R A T E D 37 W A L L STREET . . . NEW YORK Distributors of municipal, railroad, industrial and public utility investments. Current lists of recommended offerings submitted upon request. Bonds for Investment W e o w n a n d o ff e r a o o m p r e h e n ilv e liat o f o a r e fa lly aeleaieC G ov ern m en t, M a n lo ip & l, R a ilr o a d and P u b lio B o n d * w h lo h w e r e c o m m e n d f o r I n v e s t m e n t . p leased req u est Ha to sen d d e a o r lp tiv e c irc u la rs , Fo r b e s r r is P in a S tre e t, N E W C o rn e r to U tility W e ahali i t I n v e s to r s as & Co W illia m Y O R K The Most Permanent of “Fixed Assets” will never Between a railroad and a waterworks there are certain important resemblances. In both the “ line” represents a very large proportion of the permanent assets. In the one case the line is roadbed and rails, and in the other case pipe. When its capacity is outgrown, its salvage value is close to 100%, as it can be used in outlying districts which are less crowded. Depreciation and maintenance figure a good deal less in the case of pipe — than in the case of steel rails Bonds issued for the construction of Cast Iron Pipe lines are for a “ permanent improve ment” and have stable value b ille d them. Iron Pipe —if it is Cast and roadbed. Cast Iron Pipe Its thin film of rust is a protec tion against further corrosion. rust out. Write us for a copy of “Pipe and the Public Welfare” (25 c postpaid ), or for “Planning a Waterworks System” (sent free ). C A ST IR O N P IP E THEjCAST IRON PIPE PUBLICITY BUREAU, 566 Peoples Gas Bldg., Chicago J. P. MORGAN & CO. W A L L S T R E E T , C O R N E R O F BRC N ew Y ork DREXEL & CO., PHILADELPHIA FIFTH AND CHESTNUT STREETS MORGAN GRENFELL & CO., LONDON 23 GREAT WINCHESTER STREET MORGAN & CO., PARIS 14 PLACE VENDOME Securities Bought and Sold on Commission Foreign Exchange, Commercial Credits Cable Transfers Circular Letters for Travelers, available in all parts of the world