The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Bank Q uotation and SECTION OF THE C om m ercial & f I wancial { ]h roh icle. Copyrighted in 1925, according to Act of Congress by WILLIAM B. DANA COMPANY, In office of Librarian of Congress, Washington, D. 0. VOL. 120. NEW YORK FEBRUARY 7 1925. B ank and Q uotation S ection The Bank and Quotation Section, issued monthly, is furnished without extra charge to every annual subscriber of the Chronicle. The Railway 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 Convention Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers Association, is also furnished without extra charge to Chronicle subscribers. The Public Utility Compendium, issued twice a year, in April and October, Is also furnished without extra charge to every annual subscriber to the Chronicle. The Railway and Industrial Compendium, Issued twice a year on the last Saturday in M ay and November, is also furnished without extra charge to every annual C hronicle subscriber. The State and Municipal Compendium, issued semi-annually on the last Saturday o f June and December, is likewise furnished without extra charge to every annual subscriber to the Commercial & Financial Chronicle. Terms for the C hronicle, 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 hronicle are sold at $1.00 each (postage 15 cents additional). File covers for Supplements can be had at same price. CHICAGO OFFICE.— 19 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. R E V IE W OF JANUARY— COM M ERCIAL AND FINANCIAL EVENTS. A further great rise in grain prices, thereby strengthening even more emphatically the position of the Western grain producers, together with large gold exports from the United States and the advance of sterling exchange rates on Lon don to still nearer parity for the English pound, were the dominant features in trade and financial circles during the opening month of the new year. The heavy gold shipments from this country were a continuation of the movement which began the previous month and were anything but inexplicable in view of the tremendous financing being done in this country on foreign account—both on behalf of foreign Governments and foreign private corporate undertakings. And yet there were some unusual phases connected with the outflow of the metal. Of course the outflow did not furnish the slightest ground for any feeling of apprehension, but rather the contrary, since it is admitted that stocks of gold in the United States are in excess of the country’s needs, and to draw them down in very substantial amount cannot be otherwise than beneficial in removing one of the most potent influences that serve to promote inflationary tendencies. The large exports of the metal to Germany were palpably in connection with the negotiations here the previous October of the American portion ($110,000,000) of the German rep arations loan and need no further explanation. The same is true o f the gold exports to some of the minor countries of Europe, which also have been doing financing o f one kind or another in the United States recently. But there have also been very heavy gold shipments to India and Australia, and these cannot be said to grow out of any financing done here or in settlement of trade indebtedness by the United States. The current foreign trade position of both India and Australia is unusually strong owing to the high prices prevailing in the markets of the world for wheat, of which both countries are large exporters, while Australia has had the additional advantage of high prices for wool, that being one of that country’s principal products. The gold shipments from the United States to India and Australia must be taken NO. 3111. to mean that other nations are having recourse to the exces sive supplies of gold in the United States in order to settle their indebtedness to those countries, the large financing done in the United States on foreign account facilitating the movement. The situation in that respect is lucidly explained in the following paragraph, which we find in the monthly circular just issued by the National City Bank of New Y ork: “ An unusual feature of the gold movement just now is that of shipments from the United States to Australia. That country has seldom received gold from outside, for it was originally settled for its gold deposits and has been an im portant contributor to world supplies ever since. The pres ent output of gold, although much reduced from that of for merly, is still ample in the long run to supply the domestic monetary stock, but the rapid exportation of wool and wheat at high prices has created heavy demands on the Australian banks and caused their funds to be virtually transferred to London. They have large credits there and are short of cash at home, creating a tight money situation. If London was on a gold basis, shipments of the metal would have kept the exchange down to approximately the costs of transfer, but in the absence of this relief exchange on Australia has been commanding a premium of 3 or 4% in London. The recent rise of British exchange in New York has made it possible for bankers to ship gold from this country, taking their pay in London exchange and converting the latter into dollars at a profit. The transaction illustrates the advan tage that would inure to world trade generally, as well as to trade between England and the Dominions, by having all countries get back upon the gold basia” For the reasons we have enumerated the gold outflow, notwithstanding its dimensions, was without influence on the course of affairs in this country. On the other hand, the further advance in the exchange value of the pound sterling was a positive influence of a highly favorable character. The rise in the value of the pound has been in progress fo r many months and it indicates how steadily and surely Great Britain has been approaching the position where it will once more occupy its former assured position in world finance, even though it may have to yield prominence to the United States in ability to supply the capital needs of the outside world. The course of foreign exchange during the month is discussed at length in our review of the exchange market at the end of this article and it will suffice to say here merely that on Jan. 23 sight bills on London got up to 4 80%, while the value of the pound sterling when at par is 4 8665. Nat urally, this gave rise to rumors that the English Government contemplated taking definite steps providing for the un restricted resumption o f gold payments, and, though nothing tangible developed along these lines, the rise itself was con clusive evidence that it was only a question of time when the event would come about. The subject was naturally a mat ter of wide comment, both in New York and in London. The arrival in the United States of Montagu O. Norman, Gover nor of the Bank of England, and Sir Alan Garrett Anderson, a director of the Bank of England, was naturally construed as having some bearing on the British policy with reference to the resumption of gold payments, especially as apparently they not only left Great Britain unannounced, but they dis appeared immediately on their arrival, and some of the newspapers reported that they were here on a special finan cial mission for the British Government. There was appar ently no basis for any of these suppositions, and to correct misapprehensions on that score, the British Embassy at Washington on Jan. 2 made announcement that it was “ authorized to state that they (the two gentlemen referred to) have come to this country in an entirely private capacity connected with banking, and that they are not coming to 6 MONTHLY REVIEW Washington, but will remain in New York during the whole of their st’ay, which will not exceed a week or ten days.” Ben jamin Strong, Governor of the Federal Reserve Bank of New York, whose guest Governor Norman was, issued a state ment the same day saying: Governor Norman has authorized me to say in his behalf that his visit to New York is his customary trip, which he has made every year or two in the past in a similar way, for the purpose of conferring with the officers of the Federal Reserve Bank of New York, which is the New York representative of the Bank of England. Governor Strong made a similar trip to London last spring. The heads o f all the big British banks at the annual meet ings made reference to the subject in their addresses to their stockholders. Thus Frederick 0. Goodenough, Chairman of Barclay’s Bank, Ltd., one of England’s greatest banking in stitutions, stressed the importance of an early restoration of a free gold market in London as the surest guarantee for stability in world prices and for confidence. He declared that sterling exchange will return to a gold parity— the only matter of doubt being the precise date of such return. Regi nald McKenna, Chairman of the Midland Bank, Ltd., another gigantic British bank, at the general meeting of the bank’s shareholders, predicted that sterling would probably soon stand at its gold value, not because it will have climbed up hill to meet the dollar, but because the dollar, under pressure o f the surplus gold supply, will have come down to the pound’s level. He contended that during the last three years what he called the “managed currency” of Great Britain had been kept more stable than one based on gold, but added that when that had been said the case for managed currency must be regarded as closed. He emphasized the importance of the psychological grounds for advocating a gold standard, which, he argued, were not less powerful than the economic argu ments. “ As long as nine out of ten people in every country think that the gold standard is best, it is best,” said the for mer Chancellor of the British Exchequer. “ One of the great est advantages of the gold standard is its moral effect. A nation will think better of itself, will regard itself as more honest, if its currency is convertible into gold.” Sir Harry Goschen, as head of the National Provincial Bank, also rec ommended the removal of the gold export embargo as soon as there is a reasonable certainty that exports will not have to be checked by an increased bank rate if they become topheavy. Walter Leaf, as Chairman of the Westminster Bank, speaking at the shareholders’ meeting, expressed himself with greater reserve, saying: “At present Britain is some what dangerously dependent on current nublic opinion in the United States,” and adding that he regarded the continued maintenance of exchange at parity as more o f a problem than he did the restoration of the pound sterling to a gold basis. He expressed the belief that the time had come for a conference of the national banks of issue of the world for the formulation of a plan of co-operation for the management of gold reserves. He said such a conference was called for in the report of the Geneva Conference. A feature of the foreign financing in this country during January was that it took the form largely of extending aid to private corporate undertakings rather than loans to for eign Governments, though these latter were not entirely lacking— one of these being the extending of a one-year credit for $40,000,000 to the Danish Government. The bring ing out in this country of two foreign industrial loans the previous month was mentioned in our review for that month. During January a $12,000,000 issue o f 5-year 7% gold bonds of the August Thyssen Iron & Steel Works (August ThyssenHutte Gewerkschaft) and Affiliated Mining & Sales Com panies, one of the most prominent German iron and steel con cerns, was brought out; also $10,000,000 7% bonds of Sie mens & Halske (A. G.) Siemens Schuckertwerke (G. m. b. H .), one of the largest electrical manufacturing companies in the world, and which did a gross business of $92,000,000 in 1924 and owns 26 factories at various points in Germany, was floated in this country; likewise, $10,000,000 Allgemeine Elektricitats Gesellschaft (General Electric Co., Germany) 20-year 7% gold debentures; also $3,000,000 7% 30-year gold bonds of the Rima Steel Corporation, this being the short English designation for the Rimamurany-Salgotarjan Iron Works, Ltd., by far the largest iron and steel manufacturing enterprise in Hungary, found a market in this country, be sides some minor flotations of the same kind, the details re garding all of which will be found further along in this article. Moreover, more are appearing in February. With reference to the further rise in grain prices, this reached large dimensions, and $2 wheat in Chicago, which had been predicted last summer, became an assured fact. No new developments appeared to account for the further [V ol. 120, rise, which for the month reached over 20c. a bushel, and stress was laid chiefly on the reduced crop yield of 1924, the Dominion of Canada being responsible for the greater part of the falling off (the final estimate of Canada’s wheat crop for the year 1924, made public by the Dominion Bureau of Statistics, placing the total at only 262,097,000 bushels, as against 474,199,000 bushels in 1923), but with an insistent foreign demand for American wheat, some of which came from countries which are usually exporters of wheat instead of importers. Spculation was rampant and wheat sales on the Chicago Board of Trade Jan. 28 reached 111,827,000 bushels, the highest since the war. The May option at Chi cago, after first declining from $1 80% Jan. 2 to $1 73% Jan. 6, thereafter moved up almost uninterruptedly, day by day, until Jan. 28, when the price touched $2 05% ; the close Jan. 31 was $2 02%, which compares with $111% on the same date in 1924. The July option for wheat at Chicago, after moving down from $1 55% Jan. 2 to $1 50% Jan. 5, rose to $1 73% Jan. 28, and closed at $170% Jan. 31. Corn also moved higher. The May option at Chicago, after declining from $1 30% Jan. 2 to $1 25% Jan. 6, advanced to $1 37% Jan. 19, and closed Jan. 31 at $135%. The range for the July corn option was $126 Jan. 5 and $138 Jan. 30, with the close Jan. 31 at $1 36%. Oats fluctuated within much narrower extremes and showed no important advance for the month as a whole. The May oats option at Chicago dropped from 64%c. Jan. 2 to 59%c. Jan. 6, but was up to 64%c. Jan. 30, with the close Jan. 31 63%c. The July oats option first fell from 63%c. Jan. 2 to 59%c. Jan. 6, then reached 65%c. Jan. 30, with the close Jan. 31 64%c. The rise in wheat brought with it an advance in bread prices at a number of points. As regards other food prices, however, sugar, already low, declined to still lower levels. Here the cause was a large expansion in crop yields, particularly in the case of the Cuban production and in the sugar beet output of Europe. The range of Cuban raw sugar sugar during the month was 2 13-16c. to 3c., with the price Jan. 31 2 27-32c., against 2%c. Dec. 31. The wholesale price of refined sugar at the differ ent refineries in this part of the country on Jan. 31 ranged between 6.00c. and 6.10c.; on Dec. 31 most of the refiners quoted 6%c., with the American Sugar Refining Co. and two minor refiners leaving their quotation at 7.10c. Coffee prices, however, were maintained at close to the high levels of the previous month, the controlling element here being diminished supplies from Brazil. No. 7 Rio was quoted at 22%c. Jan. 31, against 24c. Dec. 31. The revival in general trade in the United States did not make as much headway in January as had been expected. A cautious and conservative spirit appeared again to be growing up. Requisitions against orders already placed were large, indicating good consumptive capacity, but the placing of new orders proceeded rather slowly and with rather diminished confidence, there being an evident disposi tion to await developments for the purpose of seeing whether the present extreme spurt of activity could be maintained, say, after the end of the first quarter of the year, -when in 1924 such a tremendous slump in industry occurred. This was true even of the iron and steel industry, where produc tive capacity is at present engaged almost to the limit. The “ Iron Trade Review” in its issue of Jan. 29 said that some of the recent snap had gone out of the iron and steel market, following the slowing dowm of new business and specifica tions against contracts which had become noticeable during the last two weeks. It said that how much of this was due to the tremendous shipments the mills had been making, thereby satisfying the pressing need of buyers, and how much to a slower movement in the expansion of consumption, could not be definitely stated. Apparently the industry had been making steel ingots in January at the rate of well over 45,000,000 tons annually, a sustained basis that has been duplicated by comparatively few periods in the past. The question being raised in the industry was as to how long the present high-speed production of 90% to 95% could be main tained. As yet there were no signs of any material slacken ing, and price advances on finished steel were announced by various independent mills to apply to second quarter busi ness. Plates, shapes and bars were raised $2 per ton by large makers at Youngstown and Pittsburgh. Sheets were similarly advanced by mills at Chicago and in the Youngs town district. With no appreciable pressure yet being made by buyers to be covered on second quarter tonnage, it was judged that these advances were intended more to stimulate specifications against present contracts than to book addi tional future tonnage. Pig iron prices eased o ff somewhat the latter part of the month, after an advance earlier in the F eb., 1925.] MONTHLY REVIEW month, and trade reports showed that foreign competition was being met with in both iron and steel. Henry Ford was reported to have placed an order for 10,500 tons of Belgian rails and the Interborough Rapid Transit Co. of this city was said to be negotiating with European mills for 5,000 tons. The “ Iron Age” of this city reported on Jan. 29 that “ the competition of both India and Dutch irons continues to be felt along the Atlantic seaboard, and in its issue of Jan. 22 said that “ the arrival at Philadelphia in the past week of 5,000 tons of French pig iron, 1,800 tons of Indian and 1,500 tons from the United Kingdom indicates that foreign com petition cannot be ignored.” An unsettling factor was the weakness which developed in coke prices and there wrere intimations that the wages of the workers in the coke ovens would again have to be reduced after the recent advance. There was a further large increase in the production of pig iron in January, the “ Iron Age” reporting the make of iron for the month at 3,367,264 tons, against 2,961,702 tons in De cember, 2,509,673 tons in November and only 1,784.899 tons the previous July. The output was larger even than in Janu ary 1924, when the make was 3,018,890 tons. The ‘Iron Age” made the composite price of finished steel Jan. 27 2.560c. per pound, the same as on Dec. 29, but comparing with 2.7S9c. Jan. 29 1924 and a 10-year pre war average of 1.689c. The composite price of pig iron Jan. 27 was .$22 50 per gross ton, against $22 17 Dec. 29, and comparing with $22 69 on Jan.29 1924 and a 10-yr. pre-war average of $15 72. The minor metals showed a declining tendency the latter part of the month, after a further advance the early part. Lake copper in New York, after moving up from 15c. to 15*4c., was lS ^ c . Jan. 31, and electrolytic copper, after ris ing from 14%c. to 14%c., fell off to 14%c. Jan. 22, with the quotation Jan. 31 14%c. Lead at New York moved up from 10.15c. Jan. 2 to 10.60c. Jan. 12, then declined to 9%c. Jan. 31. Tin at New York touched 60.50c. Jan. 5, but was down to 56.00c. Jan. 20 and was quoted at 57%c. Jan. 30. One of the notable developments of the month was a further gen eral advance in the price of petroleum and its various prod ucts. Advances of this kind were too numerous to admit of detailed notice, but it may be noted that Pennsylvania crude oil was further marked up from $3 a barrel to $3 25, that Mid-Continent crude was marked up from $1 25 to $1 50 for 36 deg. and above. And as illustrating the advance in gaso line prices, the Standard Oil Co. of New York made the tank wagon price in New York and New England 19M;C. Jan. 31, against 15c. Dec. 31. Collapse of Wortham oil field in Texas was mainly responsible for the advance In oil, pro duction falling from a peak of 167,000 bbls. per day Jan. 15 to 76,000 bbls. The textile trades continued in rather poor shape, particu larly in the case of cotton manufacturing, and this consti tuted one of the sore spots in the situation. Further wage reductions, generally of 10%, -were announced in different parts of New England, this being with a view to keeping the mills fully employed and be able to turn out goods at figures that would appeal to the consuming public. The effort, how ever, to reduce idleness and keep mills and factories fully employed, did not entirely succeed. On the one hand, the wage reductions were in some instances, though not gen erally, resisted by the operatives, and on the other hand, where no interference with work ensued from that cause, it was found that the demand for goods was not sufficient to absorb the full volume of the enlarged product. An instance in point was the announcement which came from Manches ter, N. H., under date of Jan. 27, that operatives in the wor sted department of the Amoskeag Manufacturing Co. were working on a 50% basis, as against 90% previously, “gen eral business conditions” having forced an all-around curtail ment of operations and the adoption of a five-day-a-week schedule even after a reduction in (be prices of some goods. The most important development of the month was un doubtedly the putting into effect of the 10% wage reduction at both Fall River and New Bedford. At Fall River about 30 corporations, who are members of the Fall River Cotton Manufacturers’ Association, after a meeting attended by the Executive Committee of the Association and the Fall River Textile Council representing five unions, agreed to put the 10% reduction into effect Jan. 12. It was said that prac tically every cotton manufacturing corporation in the city, with one or two exceptions, would be benefited by the cut and that the number of workers affected was between 20,000 and 25,000. Many thousands o f these operatives had been out of work for almost a year as the result of curtailment in Fall River cotton manufacturing. It was said that the an nouncement of the wage cut carried with it no guarantee of 7 any increase in production. The Fall River labor unions on Jan. 7 accepted this wage reduction of 10% fixed for Jan. 12. Nevertheless, the wage decrease caused a strike in one or more departments of three mills and brief trouble in one department of another m ill; 400 weavers walked out. While there was a considerable gain in operations as compared with the previous extreme inactivity, production being esti mated at fully 65% o f the normal in Fall River as a whole, still a number of plants failed to resume work on Jan. 12. On Jan. 29 100 fine goods weavers at the Doval mills, who had been on strike for two weeks in protest against the 10% wage cut, returned to work. The agreement under which this action was taken was declared satisfactory by the operatives, although it was admitted that the wage reduc tion had not been rescinded. At New Bedford, Mass., the Cotton Manufacturers’ Association voted on Jan. 9 to make the reduction effective Jan. 19. It was estimated that the reduction would affect approximately 40,000 operatives in New Bedford and that the mills were operating at 80% of capacity, so that 32,000 workers were actually employed, or about double the scale the previous May. The operatives, speaking cf them as a whole, went to work on Jan. 19 on the basis of this lower wage scale. There was, however, a more or less sullen attitude on the part of the weavers and some other operatives and this led to minor strikes at some of the mills. A general strike at the very outset was narrowly averted, the secret ballot among the New Bedford operatives to decide whether to accept the 10% wage decrease having resulted in a majority of votes being cast in favor of striking, though the necessary two-third majority was lacking. The local union in announcing the result of the ballot said that “ the textile workers of this city in voting to accept, by a minority vote, a reduction in wages at this time, did so only with the belief that in the near future a much more prosper ous condition of business will assert itself that will provide a more favorable opportunity to make the fight for a re adjustment of wages.” They expressed the opinion that the New Bedford manufacturers had not cut wages “ because they thought it was warranted, but simply for the reason that other localities have done so.” Newspaper dispatches stated that “ while no official information had been given out as to the action of the individual unions, it was learned that the weavers had voted 4 to 1 in favor of a strike, while the loom fixers had lacked only 33 votes of the necessary twothirds to carry the strike vote. The mule spinners voted in favor of a strike by a clear majority, but their vote did not reach the required two-thirds. The carders and ring spin ners voted against a strike, while the results of the balloting in other locals were not divulged.” Many of the striking weavers later returned to work. This was the case with 75 striking weavers and loom fixers of the Devon Mills, Inc., and the Fiske Tire & Rubber Co., who voted Tuesday, Jan. 27, to return to work, a settlement having been reached at a conference with the mill officials. It had previously been announced, though, that all departments of the Devon mills had been closed down Jan. 23 until Feb. 2, owing to the “ unbalanced condition in the mills.” Conditions, however, throughout New England were de cidedly uneven and the action of the operatives with refer ence to the wage decrease was also far from uniform. For instance, reports on Jan. 29 stated that the Limerick mills of Limerick, Me., which until recently had been operating on a schedule of three days a week, were now operating full time and that the Goodall Worsted Co., another Maine company, had also speeded up production somewhat and was running full time in certain departments, while the Sanford Plush Co. of Sanford, Me., was now operating on a full-time sched ule with night operations in some departments. On the other hand, advices from Chicopee, Mass., on Jan. 28 stated that the Dwight Manufacturing Co. had closed down its entire plant, employing 12,000 operatives, as a result of a walk-out of 150 weavers, who had struck when a 10% wage reduction was put into effect on Jan. 27. In like manner 400 employees in the Greenhalgh cotton mills at Pawtucket, R. I., voted on Jan. 25 to go on strike Feb. 2 unless the 10% wage reduction was rescinded, "which the company’s officials said was out of the question. Taking the cotton textile industry as a whole, its condition was far from satisfactory. The woolen goods business also might be in better shape. At some of the foreign auction sales prices of wool declined and in Boston a somewhat easier tone was reported. Business in raw wool is apparently backward. Silk goods have been in fair de mand. Raw silk was somewhat lower, being quoted here on Jan. 31 at $6 70@$6 80 for Kansai double extra cracks, against $6 90@$7 00 a pound on Dec. 31, $6 65@$6 75 Nov. 29, 8 MONTHLY REVIEW $6 20@$6 30 Oct. 31 and $5 95@$6 00 Sept. 30. Crude rubber, after the sharp rise of previous months showed some reac tion and smoked ribbed sheets for spot delivery Jan. 31 were 36c. and first latex crepe 36c., against 40c. for both Dec. 31. The British Government early in February approved an in crease of 5% in the exports from Malaya, from 60% to 65%, for the quarter beginning Feb. 1. The cotton market moved within narrow limits during January. Conclusive evidence that the Agricultural Depart ment had underestimated the size of the crop came on Jan. 23, when the Census Bureau reported that 13,308,037 bales had actually been ginned up to Jan. 16, while the Agricul tural Bureau had put the total yield at not more than 13,153,000 bales, this comparing with an actual production in 1923, according to the Census figures, of 10,139,671 bales. However, exports continued to run ahead of those of the previous season, while domestic consumption also kept grow ing, even though the cotton manufacturing industry was far from being in a satisfactory shape, as has already been indicated. Speculative activity was wholly lacking and spot cotton here in New York fluctuated within a range of less than lc. a pound, though the fluctuations in future options were somewhat larger. Middling upland spot cotton at New York was 24.05c. Jan. 31, against 24.20c. Jan. 2 and 24.85c. Dec. 31. The high figure for the month was 24.30c., quoted Jan. 3 and again Jan. 12 and Jan. 13, and the low figure was 23.45c., touched on Jan. 23. Print cloths at Fall River in the 28-inch, 64 x 64 construction, were marked down from 7%c. to 7 c. on Jan. 8, up again to 7%c. Jan. 13 and down once more to 7% Jan. 28. Bad weather was somewhat o f a drawback to trade in certain lines. There were repeated snow storms here in the East, and in this city the fall of snow was the heaviest of any January in the history of the local weather bureau, reaching 26.2 inches. This compares with only 2.6 inches in January last year, and with 21.9 in January 1923, this latter having also been a month of very heavy snowfall. A storm which came towards the end of the month— that is Thursday, Jan. 29 and extending into Friday, Jan. 3 0 --proved particv larly mischievous in New York State. The New York Cen tral RR. reported it as the worst in its history, especially between Albany and Rochester, causing considerable delay in the running of trains. The Twentieth Century train from Chicago was almost 16 hours late in reaching the Grand Cen tral Terminal in New York City. It is due at 9.40 a. m., but did not arrive until 1.18 and 1.33 the following morning (Saturday), coming in two sections. Offerings of new securities during January were on an extensive scale, the floating of several extremely large issues having occurred. The largest offering of the month was the $125,000,000 Amer. Tel. & Tel. Co. 35-year sink. fd. 5% deben tures, which were sold by a syndicate headed by J. P. Mor gan & Co. and Kuhn, Loeb & Co., at 95 & int., to yield over 5.30%. National City Co., Blair & Co., Inc., and First Trust & Savings Bank, Chicago, placed $50,000,000 Sinclair Crude Oil Purchasing Co. 3-year 6% notes, ser. “A,” at 99% & int., to yield over 6.25%. Bankers offered $30,000,000 10-30-year Federal Land Bank 4% % bonds at 101%% & int., to yield over 4.30% to the red. date (1935) and 4% % thereafter to redemption or maturity. A syndicate headed by Lee, Higginson & Co. sold $30,000,000 Edison Electric Illuminating Co. of Boston 3-year 4% % coupon notes at 99.31 & int., to yield about 4% % . J. P. Morgan & Co. headed a syn dicate which disposed of $16,092,000 Chicago & Western Indiana RR. Co. 1st & ref. mtge. 5% % bonds, ser. “ A,” at 97 & int., to yield nearly 5.70%. $15,000,000 Public Service Electric & Gas Co. 6% cum. pref., 1925 series, was offered by Drexel & Co. and Bonbright & Co., Inc., at 95 & int., to yield 6.32%. Kuhn, Loeb & Co., Hallgarten & Co. and Cas satt & Co. placed $12,500,000 Mid-Continent Petroleum Corp. 1st mtge. 15-year 6% % bonds at 97% & int., to yield over 6% % to maturity. W. A. Harriman & Co.. Inc., and Blair & Co., Inc., sold $10,000,000 The Cuba Co. 10-year secured 6% conv. bonds at 98% & int., to yield 6.20%. $10,000,000 10year 5% bonds of the Union Oil Co. o f Calif, were placed by Dillon, Read & Co., Blair & Co., Inc., N. Y., and Union Trust Co., Cleveland, at 96 & int., to yield over 5% % . S. W. Straus & Co., Inc., brought out $8,000,000 Chicago Produce District 1st mtge. 6% serial bonds at prices ranging from 98.41 & int. to 100.75 & int., to yield from 5.60% to 6.15%, according to maturity. Mellon National Bank of Pittsburgh, Edward Lowber Stokes & Co., Phila., and Hambleton & Co. of Balti more, sold at prices to yield from 4% to 4.65%, according to maturity, $6,000,000 Norfolk & Western Railway 4% % equipment trust certificates. John Nickerson & Co. an [Vol. 120. nounced an oversubscription to an offering of 200,000 shares of Associated Gas & Electric Co. Class A stock at $26 per share. A group of bankers disposed of $5,000,000 Pacific Steamship Co. ( “ The Admiral Line” ) 1st pref. ma rine equip, mtge. 6% % serial bonds at prices to yield from 5% to 6% % , according to maturity. Dillon, Read & Co. headed a syndicate which sold $5,000,000 A. M. Byers Co. 1st mtge. 6% bonds at 99 & int., to yield over 6.08%. $5,000,000 Consumers Power Co. 6.6% cum. pref. stock was brought out by Bonbright & Co., Inc., and Hodenpyl, Hardy & Co., Inc., at $100 a share and accrued divs. from Jan. 1 1925. In addition to the foregoing offerings of domestic issues a number of large issues of foreign corporations were floated in this market. $25,000,000 The Bell Telephone Co. of Can ada 1st mtge. 5% bonds, ser. “ A,” were placed by a syndi cate headed by Lee, Higginson & Co., at 98 & int., yielding over 5.13%. Dillon, Read & Co. sold $12,000,000 August Thyssen Iron & Steel Works (August Thyssen-Hutte Gewerkschaft) 5-year 7% sink, fund mtge. bonds at 98% & int., to yield over 7.35%. $10,000,000 Allgemeine Elektricitats Gesellschaft (General Electric Co., Germany) 20-year sink, fund 7% debentures were disposed of by the National City Co. at 93% & int., to yield 7.70%. Dillon, Read & Co. headed a syndicate which placed $10,000,000 Siemens & Halske (A. G.) and Siemens Schuckertwerke (G. m. b. H.) ($5,000,000 3-year 7% bonds and $5,000,000 10-year 7% bonds) at 99 & int., to yield 7.37% for 3-year bonds and 96% & int., minimum yield 7.64% for 10-year bonds. Dividend changes announced during January were again quite numerous. Among the companies increasing their distributions were some important corporations. Atch. Top. & Santa Fe raised its quar. div. on com. from 1% % to 1% % . Chicago City & Connecting Ry. coll, trust decl. a div. of $1 per share on its partic. pref. shares, being the first distribu tion since January 1918. Houston & Texas Central RR. re sumed payment of divs. Amer. Smelt. & Refining Co. in creased its div. on com. from 1% % to 1% % quar. Three monthly divs. of 15c. per share were decl. on Orpheum Cir cuit, Inc., com., as against 12%c. monthly paid previously. The quar. div. on Commonwealth Power Corp. com. was raised from $1 to $1 50 per share. Municipal Service Co. increased its quar. div. on com. from 40c. to 50c. a share. The Tri-City Ry. & Lt. Co. deck four quar. divs. of 2% % on its com. stock, as compared with 2% paid previously. The quar. div. on American Brick Co. com. was raised from 15c. to 25c. per share. Deere & Co. of Moline deck a quar. div. of 1% on its 7% cum. pref., as against % of 1% paid quar. from December 1921 to December 1924, incl. Missouri Portland Cement Co. increased its quar. div. from 1% % to 2%. The semi-ann. div. on H. K. Mulford Co., Phila., capital stock was raised from 2% to 2% % . Cities Service Co. announced that all of the scrip divs. paid on its com. stock since July 1 1921 would be redeemed and that monthly cash divs. of % o f 1% and monthly stock divs. of % of 1% would be resumed commencing with the Mar. 1 1925 payment. Divs. were resumed by Pressed Steel Car Co. on its non-cum. pref. stock. Fisk Rubber Co. resumed on its 1st pref. Asbestos Corp. of Canada, Ltd., resumed on com. Eagle & Blue Bell Mining Co. resumed divs. Divs. were also resumed by Mo hawk Mining Co. An initial div. of 1% % was deck by Amer. Water Works & Elec. Co., Inc., on its com. stock. Chas. Freshman Co., Inc., deck an initial quar. div. of 50c. per share and an extra of 12%c. per share on com. An initial quar. div. of 1% was deck on Celite Co. com. Nash Motors Co. deck an extra of $2 50 per share in add’n to its regular semi-ann. div. of $3 50 per share. Gillette Safety Razor Co. deck an extra of 12%c. per share. An extra of 2% was deck on Harbison-Walker Refractories Co. com. United Electric Light Co. deck an extra of 2%. Homestake Mining Co. deck an extra of $1 per share. S. S. Kresge Co. deck a stock div. of 50% on com. Mercantile Stores Co. deck a stock div. payable in com. & pref. stock, each holder of one share of com. to receive two add’l shares of com. and one share of pref. S. Slater & Sons, Inc., paid a 100% stock div. A stock div. of 10% was deck by National Refining Co. on its com. shares. Standard Sanitary Mfg. Co. deck a 25% stock div. on com. A 66 2-3% stock div. was deck by Bond & Mtge. Guarantee Co. On the other hand, there were a few companies which reduced or passed their disbursements. No action was taken on the semi-ann. div. on Buffalo Rochester & Pittsburgh Ry. com. stock usually deck at this time. St. Lawrence Flour Mills Co., Ltd., reduced its quar. div. on com. from 1% % to 1%. Barnard Mfg. Co. o f Fall River cut its quar. div. from 1% % to 1%. The quar. div. on Sagamore Mfg. Co. Feb., 1925.] MONTHLY REVIEW 9 capital stock was decreased from 5% to 3%. Merchants Mfg. only in individual cases, such as American Woolen com., Co. decl. a quar. div. of 1%, as against 1% % previously paid. which on Jan. 29 sold down to 49%, against 64% Jan. 6. Massachusetts Cotton Mills reduced its quar. div. from $2 United States Cast Iron Pipe & Foundry com. was again to $150 per share. Mexican Seaboard Oil Co. omitted the prominent among the specialties, and touched 185 Jan. 28, against 160 Jan. 5, while Mack Trucks com. got up to 139% quar. div. usually paid at this time. Pennsylvania Coal & Jan. 30, against 117 Jan. 16, and American Can com. ad Coke Co. passed its quar. div. Rickenbacker Motor Co. de vanced to 169% Jan. 29, against 158% Jan. 16. The motor ferred action on the div. due Jan. 15 1925. Action was de stocks also were conspicuous for their forward movement ferred on the quar. div. on Thos. G. Plant Co. 7% cum. 1st the latter part o f the month, and General Motors com. pref. Consumers Co., Chicago, also deferred divs. on its 7% touched 75% Jan. 23, against 64% Jan. 5. Nash Motors made a spectacular rise, reaching 290 Jan. 19, against 193% cum. pref. Jan. 5. Chandler Motor, however, was weak and declined The stock market experienced some violent fluctuations to 28% Jan. 22 from 36% Jan. 3. Among the oil stocks At during January, and these were not all in an upward direc lantic Refining reached 116% Jan. 30, against 95% Jan. 2 ; tion. While it cannot be said that the rise in prices, which Tide Water Oil 148% Jan. 31, against 130 Jan. 2 ; Pan Amer has been almost uninterruptedly in progress since the Presi ican Petroleum & Transport com. 71% Jan. 31, against 64 Jan. 8, Skelly Oil 29% Jan. 31, against 24% Jan. 6, Sinclair dential election early in November, met with a serious Oil 24% Jan. 31, against 17 Jan. 6, Marland Oil 46% Jan. 31, check, there was more than one occasion during the month against 38% Jan. 2, and Independent Oil & Gas 23% Jan. 31, when prices tumbled badly, and though the tone of the mar against 13% Jan. 5. In the bond market the high grade ket was in no degree impaired by any of these downward issues were fractionally higher, while the speculative or dips, and the general upward trend of values was not semi-speculative issues moved upward with the course of changed thereby, there was no longer that feeling of unre stock prices. VOLUM E OF BUSINESS ON TH E STOCK E X C H A N G E . strained buoyancy which had previously prevailed and Month of January— 1925. 1924. 1923. 1922. which really boded no good had it continued its sway over Stock sales— No. of shares.. 41,570,543 26,857,386 19,914,827 16,472,377 speculation. To say this is to indicate that the bull move Bond sales (par value)— ment was kept more nearly within normal, rational limits. R R. and misc. bonds_____ $255,712,300 $203,287,000 $158,277,000 $47,351,300 U .S . Government bonds.. 59,440,300 92,088,000 75,240,250 66,661,900 There was evidently extensive liquidation at times in cer State, munlc.&foreign bds. 49,414,550 33,152,000 51,273,500 10,610,000 tain groups of stocks, with a view to realizing profits, and Total bond sales...................$364,567,150 $328,527,000 $284,790,750 $124,723,200 also no doubt there was selling on a large scale to check skyrocket performances. For it seems beyond question that After the slight stiffening of money rates during Decem powerful bull interests are in control of the market and are ber the money market in January relaxed again and the engineering its movements in no small degree. The steel tendency was towards growing ease, as is to be expected at this time of the year, and yet there were occasional small stocks and the oil shares were the strongest features, and some of the low-priced “ rails,” with good prospects, again upward spurts in the call loan branch of the market. These latter were due entirely to local conditions. The flow of came into prominence, after having been allowed to flag for money from the interior is normally towards the financial a time. The market opened the new year on Friday, Jan. 2, centre during January, the demands of the agricultural sec with a rush, and a turnover o f more than 2,000,000 shares tions for funds with which to move the crops having been was recorded at the close of the first day’s acitvities. Spec satisfied and farmers being engaged in liquidating their tacular advances occurred in some of the specialties, par loans at local institutions out of the proceeds of the sales of their produce. The present season these proceeds have ticularly in the radio stocks, Radio Corporation of America been running far larger than the ordinary by reason of the showing a gain of 13 points and American Bosch Magneto a extraordinarily high prices the agricultural classes have rise of 15%%. The railroad shares, however, were also in been realizing, at least in the case of grain, which constituted good demand at advancing prices, particularly some of the a strong inducement to early and quick marketing. On the high grade properties like Atchison and New York Central, other hand, outside the agricultural districts the general while certain other stocks like American Car & Foundry and business of the country did not increase as rapidly as had been expected when trade revival started with so much vim General Electric also distinguished themselves by their after the Presidential election the early part of last Novem activity. The next day (Jan. 3) was Saturday and a ber, and accordingly, the mercantile demand for accommo half-holiday, but in the two hours’ business nearly 1,500,000 dation at the banks was at no time during January strongly shares were dealt in, and the market fairly boiled, moving in evidence. Nevertheless, there were, as already indicated, upward by leaps and bounds. A wild rush of outside buying occasional minor spurts in call loan rates on the Stock Ex change. Dealings on the Stock Exchange were of some orders, regardless of prices, almost overwhelmed the Ex what smaller volume than in December, but new loans in change, the tickers running anywhere from 15 to 20 minutes considerable profusion were brought out during the month, behind. The chief feature of this remarkable session was some of which, like the Amer. Tel. & Tel. Co. offering of the spectacular rise of United States Steel common, which $125,000,000 35-year debentures, were of large magnitude, took the lead, recording a net advance of 2% points, and it and the financing of these at times led to the calling of loans and produced temporary dislocation of funds. As in Decem deserves to be noted that Steel common was a source of ber, gold exports were heavy, but in the plethoric condition great strength to the market all through the month. This of the Federal Reserve banks as regards gold holdings, this will appear when we say that against 119% Jan. 2 Steel exercised no influence whatever upon the money market. common on Jan. 23 reached a high figure of 129%. The fol The latter part of the month preparations for the 1st of Feb lowing Monday, however, Jan. 5, when apparently every ruary payments had the effect of accentuating the demand thing seemed staged for a further sensational rise, the mar for call loans. Contrariwise, some of the oil companies which had been financing their large oil holdings through ket quite unexpectedly suffered a violent break, which temporary borrowing, greatly improved their position by forced many of the speculative favorites 3 to 5 points below floating permanent loans. On Jan. 2 the range for call the previous Saturday’s transactions. Total sales reached loans on the Stock Exchange was still 4@ 5% , but by Jan. 8 2,342,610 shares. Under the leadership of the oil stocks, the range had declined to 2 @ 2 % % . On Jan. 15 some loans United States Steel and the high grade dividend paying rails, were again reported as high as 4%, followed, however, by a renewed drop to 2 % @ 3 % , which was the range for Jan. 20, the market quickly recovered, but renewed breaks occurred 21 and 22. On Jan. 26 there came a spurt to 4% % , but on on several different days in succeeding weeks. In fact, it Jan. 28, 29 and 30 all loans on the Exchange were at 3% % . may be said that in the week ending Jan. 17 the speculation Jan. 31 was Saturday, on which day new loans are never for higher prices suffered a substantial setback. Under arranged, the loans made on Friday standing until the fol tremendous liquidation, assisted by bear operations, a large lowing Monday. The renewal rate, at which the bulk of the and general decline occurred, the losses on some days run business is always done, was 5% Jan. 2; 3% % Jan. 5 and 6 ; 3% Jan. 7; 2% % Jan. 8 and Jan. 9; 3% Jan. 12, 13 and 14; ning all the way from 3 to 10 points. The last two weeks of 3% % Jan. 15 and 16; 3% % Jan. 19; then 3% to and includ the month the upward movement was resumed under the ing Jan. 26; 4% Jan. 27 and 3% % for the remainder of the leadership of the oil shares (which continued to gain favor month. because of repeated advances in the price of crude petroleum Time money at the beginning of the month was quoted at and gasoline), the steel stocks and the railroad list. On 3% % per annum for 60-day loans and at 3 % @ 4 % for loans some of these days the market displayed considerable hesi running from 90 days to six months. From this there was a tancy, and more or less uncertainty was felt as to its course. decline to 3% % for 60 days, 3 % @ 3 % % for 90 days and The volume of trading consequently was on a reduced scale. 3% % for four to five months; six months paper remaining As the end of the month approached, renewed activity at at 3% @ 4% . The latter part of January, however, on rising prices developed, and on Thursday, Jan. 29, the vol preparations for the Feb. 1 disbursements, quotations ume of business again went above the 2,000,000 mark, the for some of the longer maturities were marked up sales reaching 2,048,250 shares. Buoyancy in the oil shares fractionally again, so that the quotations Jan. 31 were 3% % and renewed demand for the rails, particularly the low- for 60 days, 3 % @ 3 % % for 90 days and 3 % @ 4 % for four, priced ones, were the features. Southern Railway com. ad five and six months. Commercial paper rates throughout vanced to a new high figure, and the same may be said of a the month did not change from 3 % @ 3 % % for four to six great many othes stocks, like Mo. Kan. & Tex. com. & pref. months names of choice character, with 3% @ 4 % asked for and others in the Southwestern group. Weakness appeared names less well known. New England mill paper and the 10 MONTHLY REVIEW shorter choice names were usually dealt in at 3% % . A good demand was noted at the close of the month, with country banks the principal buyers. As to bankers’ acceptances, the posted rate of the American Acceptance Council for call loans naturally varied with the course of call loan rates on the Stock Exchange; and, as against 4% at the opening of January, the call loan rate against bankers’ acceptances de clined to 2% % early in the month, but was up again to 3% at the close. The Acceptance Council made the discount rate throughout the month on prime bankers’ acceptances eligible for purchase by the Federal Reserve banks 3% bid and 2% % asked for bills running 30 days, 3y8% bid and 3% asked for bills running 60 to 90 days, 3% % bid and 3% % asked for bills running 120 days and 3% % bid and 3% % asked for bills running 150 and 180 days. There were no changes during the month in the discount rates of any of the Federal Reserve banks. The Federal Reserve banks showed the changes incident to the season when the member banks have no occasion to avail of the extra facilities afforded by the Federal Reserve institutions. Their bill holdings fell off and the amount of Federal Reserve notes in circulation was reduced. The changes really date from Dec. 24, rather than from Dec. 31. Taking the results for the 12 Reserve banks combined, the amount of Federal Reserve notes in circulation fell from $1,941,747,000 Dec. 24 to $1,862,062,000 Dec. 31 and de clined each week thereafter throughout January, so that on Jan. 28 the amount was down to $1,684,311,000. In like man ner their holdings of discounted bills, after falling from $396,429,000 Dec. 24 to $314,128,000 Dec. 31, dropped still fur ther to $202,757,000 Jan. 21, but with an increase again to $273,692,000 Jan. 28, nearly the whole of this increase oc curring at New York. Their purchases of open market ac ceptances also fell off, though much more slowly. The total was $389,574,000 Dec. 24 and $387,100,000 Dec. 31, from which there was a decline to $306,176,000 Jan. 21 and $307,767.000 Jan. 28. Their investments in Government securi ties were also reduced, the decrease being in the holdings of certificates of indebtedness and Treasury notes. The aggre gate investment in Government securities declined from $537,879.000 Dec. 24 and $540,160,000 Dec. 31 to $394,064,000 Jan. 28. It follows, as a matter of course, that the grand aggre gate of their earning investments was heavily reduced, with an increase again, however, in the last week of the month— due almost entirely to the increase in that week in the redis counting at the Federal Reserve Bank of New York, already referred to. The amount of these earning assets, after de creasing from $1,331,932,000 Dec. 24 to $1,249,438,000 Dec. 31, declined still further to $945,456,000 Jan. 21, with a re covery to $988,582,000 Jan. 28. It deserves to be noted that the gold exports from the United States, which were such a feature of financial affairs during both December and Janu ary, find little reflection in the returns of the Federal Re serve banks, when the comparison is extended over a series of weeks. The amount, of course, varied more or less from week to week, but on Jan. 28 was $2,939,386,000, against $2,936,533,000 Dec. 31 and $2,912,819,000 Dec. 24. Going back, however, several weeks further, we find that on Nov. 19 the grand aggregate of the gold reserve of the Reserve banks then stood at $3,050,818,000. The further gold exports in January were heavy, aggregating over $85,000,000, and it is evident that during January, in order to avoid further dim inution of their gold reserves the Federal Reserve banks re tained much of the gold that passed through their hands in the course of the daily operations of the banks. At the Federal Reserve Bank of New York, as often hap pens to be the case because of the dominance of financial operations at this centre over the ordinary mercantile busi ness, the changes were not on all fours with those for the 12 Reserve banks combined. We have already indicated that there was a considerable increase in the bill holdings of the New York Reserve Bank the last week of the month. As a matter of fact, these bill holdings Jan. 28 were larger than on Dec. 31. On this last mentioned date the amount was $81,322,000. From this there was a drop to $59,357,000 Jan. 7, but an increase again to $87,707,000 Jan. 14. The New York Clearing House banks had both in their return for Jan. 3 and in that for Jan. 10 shown a deficiency below the required legal reserve, and it is evident that these Clearing House institutions resorted to increased borrowing at the Reserve bank in order to correct this impairment of their condition. The very next week the bill holdings of the New York Reserve Bank fell to only $39,679,000, the member banks having again reduced their borrowing at the Reserve institution. The succeeding week, however, the member banks in this district once more had recourse to the facilities of the Reserve institution, and the bill holdings o f the latter moved up to $84,501,000. The open market purchases of the New York Federal Reserve Bank were heavily reduced the first week of the month, but did not vary greatly the re mainder of the month; the total was $101,823,000 Dec. 31, $66,567,000 Jan. 7, $71,848,000 Jan. 14, $62,279,000 Jan. 21 and $67,191,000 Jan. 28. The New York Reserve Bank con siderably reduced its investments in Government securities and the amount for Jan. 28 was down to $114,512,000, against $169,898,000 Dec. 31. As to the gold holdings, there is, of course, greater opportunity to corral gold at the financial centre than anywhere else in the country. On the other hand it is here mainly where the greater part of the gold would be withdrawn for export. Between Dec. 31 and Jan. 7 [V ol. 120. the New York Federal Reserve Bank managed to run up its gold reserve from $959,602,000 to $986,596,000, notwithstand ing the gold exports. By Jan. 21 the amount was down to $946,758,000, but by Jan. 28 the total was up again to $950,785,000 in face of the fact that gold exports were proceeding on an even greater scale than before, though some of the gold for the purpose was withdrawn from Philadelphia. The New York Clearing House banks, as already noted, showed a deficiency below the required legal reserves both in their returns for Jan. 3 and for Jan. 10. On the first men tioned date the defciit was $3,105,510 and on Jan. 10 it was $23,511,670. The very next week, however, a wonderful trans formation was effected and, in place of a deficit, a surplus reserve in the huge sum of $70,260,320 was reported. This change was brought about by increased borrowing at the Federal Reserve Bank, as is evident from what has already been said above, and also from the circumstance that the Clearing House banks which had reported a decrease from $636,288,000 Jan. 3 to $606,837,000 Jan. 10 in the amount of their reserve held with legal depositories, now, in the return for Jan. 17, showed an increase in that item to no less than $694,209,000. The next week this reserve with the legal depositories showed a decrease again, being reported at $656,887,000 Jan. 24, while on Jan. 31 the amount was some what higher again at $661,699,000. Surplus reserve fol lowed a somewhat similar course, declining from $70,260,320 Jan. 17 to $41,611,340 Jan. 24 and increasing again to $52,029,100 Jan. 31. These Clearing House banks, however, were under more or less pressure all through the month. This is evident from the fact that the item of “ bills payable, redis counts, acceptances and other liabilities” kept steadily rising, week by week, and Jan. 31 stood at $701,859,000, against $537,537,000 Jan. 3. Loans, discounts and investments were reduced week by week, and Jan. 31 were down to $5,404,854,000, against $5,549,337,000 Jan. 3. This brought with it a corresponding reduction in deposits, which also moved to stead.ly lower levels and were reported at $5,194,147,000 Jan. 31, against $5,430,929,000 Jan. 3. RATES FOR M O N E Y AT N E W Y O R K . W E E K L Y . Week Ending— Jan. 2. Jan. 9. Jan .16. Jan.23. Call Loans on olock Exchange— Range for week (mixed & ind. coll.) 4-5 'A 3-4 2 )4-3% 2-4'A Week’s average (mixed & ind. coll.) 4% 3 3 3 Time Loans (M ixed & Indus. Coll. ) — Sixty days_______________________ 2)4-3% 3 )4-3% 3)4 3)4 Ninety days_____________________ 3M-4 3 H -3 % 3)4-3% 3 )4-3% 3H -4 Four months_____________________ 3% -4 3% 3% Five months_____________________ 3% -4 3% -4 3% 3H 3% -4 3% -4 3% -4 Six months______________________ 3M -4 Commercial Paper— Double and single names— 3)4-3% 3 )4-3% 3 )4 -3 % Prime 4 to 6 months_____________ 3)4-3% 3 % -4 3 % -4 3% -4 Good 4 to 6 months______________ 3% -4 Jan. 30 3-4% 3% 3% 3)4-3% 3%.-4 3% -4 3% -4 3 A -3 H 3 % -4 In the foreign exchange market the two distinctive fea tures of the month were the large gold exports and a further rise in rates on London. The gold exports were looked upon in some respects as largely special transactions, the out growth of the floating of foreign loans in this country. That was certainly the case as regards the gold shipments to Ger many, which during the month reached a considerable aggre gate, large balances still standing to the credit of Germany here out of the proceeds of the $110,000,000 German bonds floated in this country last October. It was also the case with reference to the smaller shipments of the metal to other countries on the continent of Europe which have been borrowing in the United States or have been obtaining cred its here during recent months. In addition there was during January a steady stream of loan offerings on behalf of for eign private corporate undertakings, as noted further above, this being in the nature of a new development, besides which, however, some further foreign Government loans were also placed here during January. But very heavy gold ship ments were likewise made to India and Australia. India has been accumulating a large balance in her favor with the outside world on her foreign trade in merchandise and both countries, of course, have been greatly benefited by the high prices ruling in the markets of the world for wheat. They have therefore been in position to command gold, and the gold shipments from the United States represent the deflect ing to this country of a demand for the metal on countries indebted to India and Australia on their importations from the same. The exports of the metal were apparently with out influence on the course of exchange rates at this centre. The further rise in exchange on London after the steady advance in preceding months was a notable development. It brought the pound sterling to about 6c. from parity, denoting the gradual approach to the normal after the upheaval pro duced by the war. All through the month there was talk of the early resumption of full gold payments in Great Britain, and the discussions in that respect were apparently not with out foundation, it being obviously only a matter of time, and a very short time at that, when the event is to take place. Demand bills on London early in the month (Jan. 9) touched 4 79%, this being an advance from 4 74% Jan. 2, and, after a reaction which carried the rate down to 4 75% Jan. 14, re sumed its upward course and reached 4 80% Jan. 23, which figure, too, was well maintained, as the range on the closing day, Jan. 31, was 4 79% @ 4 79%. The accession of strength nearly all through the month came almost entirely from abroad, good buying of bills on foreign account being always in evidence, though an additional factor in the advance was the light offerings of commercial bills. The main underlying cause of the strength was, of course, expectation that the F eb., 1925.] 11 MONTHLY REVIEW British Government intended very shortly to announce its return to a gold basis, and this expectation was the chief topic of discussion in financial circles during practically the whole of the month. Another element in the rise was un questionably the covering of short commitments by those who had sold bills of exchange at materially lower levels. Certain special circumstances operated in the same direction at times, such as the accumulation of sterling by bankers who had the previous month floated the Greek refugee loan in this country. It should be noted, furthermore, that the British pound sterling was put back at par in the United States Postal Service for the first time since the war on Jan. 22, when, in accordance with orders of Postmaster-General New, the rate of conversion for postal money orders payable in Great Britain was fixed at $4 87 for one pound sterling. The downward reactions in sterling which occurred at differ ent times during the month were usually the result of freer offerings of commercial bdls and realizing sales to take profits, with occasional falling o ff in the volume of foreign buying, besides selling short by speculative operators. In Continental exchange there were i j o large general fea tures, but a number of features bearing on exchange rates for some of the separate countries. In a broad general way it may be said that rates on a number of the Continental countries were towards slightly lower levels. The French franc moved rather irregularly up and down, the main influ ence being the discussions relating to the course to be pur sued by France in settling her indebtedness to the United States. These discussions, on the other side, at least, par ticularly in the French Parliament, were decidedly heated at times, and were not calculated to bring settlement any nearer, while creating a bad impression as to French inten tions in the matter and in that sense acted to depress the franc. From 5.43% Jan. 2 bankers’ checks on Paris declined to 5.3314 Jan. 13, but thereafter recovered part of the loss, sentimentally influenced, apparently, by the renewed strength of sterling, with the result that on Jan. 22 the quo tation was back to 5.43% and on Jan. 31 the range was 5.42@5.42%. Belgian francs, on the other hand, moved to substantially higher levels, and a notable development of the month was the narrowing of the difference between the French franc and the Belgian franc. At one time in the recent past the spread between the quotations for Paris francs and Antwerp francs was in the neighborhood of 100 points, while during January the difference was lessened to 20@25 points. Checks on Antwerp declined from 5.01 Jan. 2 to 4.96 Jan. 6 and then moved rapidly upward until on Jan. 28 a high point o f 5.22% was reached, which was only 18% points below the rate on Paris on the same day. On Jan. 31 the rate was 5.19%. Among the factors mentioned as responsible for the improvement in the Belgian rate were the fact that the profits being realized from the Belgian Congo were to be utilized for the stabilization o f the Belgian franc and the negotiation the previous month in the United States of the $50,000,000 Belgian loan. Another element in the improvement was a growing belief among bankers that there was no warrant for the big difference in value which had existed between French and Belgian currency. The Italian lire was weak at times because o f the political diffi culties surrounding the Mussolini Government, but partly recovered as it appeared that the acute stage of the political crisis had been surmounted, at least for the time being, and aided by rumors that the Italian Government intended active intervention for the support of the exchange market if speculative interests did not cease their attacks, which rumors led to a rush to cover short accounts. The lire on bankers’ sight bills dropped from 4.23% Jan. 3 to 4.01 Jan. 15, but recovered to 4.19% Jan. 28 and was 4.17% Jan. 31. Greek exchange was softer, which was attributed to the tem porary withdrawal of Governmental support by the Greek National Bank as well as heavy selling against imports. The Greek drachma on checks first advanced from 1.80% Jan. 2 to 1.82 Jan. 10, but then fell to 1.68% Jan. 26 and was 1.70@ 1.71 Jan. 31. German exchange fluctuated only a trifle from 23.81 for the gold mark. The Bank of Germany made grad ual accessions to its gold holdings, while at the same time showing a reduction in the outstanding total o f its note cir culation. The first week of January the reduction in note circulation was 141,643,000 marks, the second week 153,5911. 000 marks and the third week 96,183,000 marks, all express*4, in gold, with 351,240,000 marks increase the last week. In the rates on the former neutral centres of Europe the tendency was towards slightly lower levels. This applies particularly to the Dutch guilder and the Swiss franc. The RATES OF EXCH AN GE ON CO N TIN EN TA L CENTRES. N o t e . — M e t h o d o f q u o t i n g F r e n c h , S w is s a n d B e l g i a n f r a n c s a n d I t a l i a n li r e c h a n g e d o n D e c . 1 1 920 t o s h o w In c e n ts p er u n it. T h e p r e v io u s m e t h o d o f q u o t i n g w a s t o g iv e t h e n u m b e r o f fr a n c s o r lir e t o t h e d o lla r . t h e v a lu e o f a ll t h e s e d i f f e r e n t u n i t s P a r is S w is s A m sterd a m A n tw erp I t a lia n Francs Francs Guilders Francs Lire Bankers' Checks 1 HOLI 2 5 .4 1 0 5 .4 3 3 4 1 5 .4 0 3 4 a 5 .4 2 3 i 4 SUN 5 5 .3 8 3 4 a 5 . 3 9 6 5 .3 6 o 5 .3 8 3 4 7 5 .3 8 3 4 a o .4 0 8 5 .3 6 a 5 .3 8 3 4 9 5 .3 5 a 5 .3 7 34 IC 5 .3 4 % 0 5 . 3 5 % 11 SUN 12 5 .3 5 3 ^ 0 5 .3 7 ia 5 .3 3 3 4 0 5 .3 4 3 4 14 5 .3 3 3 4 a 5 .3 4 3 4 15 5 .3 5 3 4 0 5 . 3 8 16 5 .3 7 3 4 0 5 .4 0 3 4 17 5 .3 8 3 4 0 5 . 3 9 18 SU N 19 5 .3 8 3 4 0 5 .4 2 3 4 20 5 .3 8 3 4 21 5 .3 9 a 5 .3 9 3 4 2 2 5 .4 0 3 4 0 5 .4 3 3 4 2 3 5 .4 0 3 4 a 5 .4 1 2 4 5 .3 9 0 5 .4 0 3 4 25 SU N 2 6 5 .3 8 0 5 .3 9 3 4 2 7 5 .3 8 3 4 0 5 .4 1 5 .4 0 3 4 0 5 .4 1 2 9 5 .4 0 0 5 .4 1 3 4 3 0 5 .4 0 0 5 .4 1 3 4 31 5 .4 2 0 5 .4 2 3 4 Bankers' Cables Checks DAY HOLI 1 9 .4 9 5 .4 2 0 5 .4 4 3 4 0 .5 0 5 .4 1 3 4 0 5 .4 3 3 4 1 9 .4 9 DAY SUN 1 9 .4 9 a. 5 0 5 .3 7 3 4 0 5 .4 0 0 .4 7 3 4 5 .3 7 0 5 .3 9 3 4 1 9 .4 7 5 .3 9 3 4 0 5 .4 1 1 9 .4 7 a .4 8 5 .3 7 0 5 .3 9 3 4 1 9 .4 4 3 4 o .4 6 34 5 .3 6 0 5 .3 8 3 4 1 9 .3 2 3 4 a .3 6 3 4 a .3 2 5 .3 5 3 4 0 5 .3 6 3 4 1 9 .2 3 DAY SU N 5 .3 6 3 4 a 5 .3 8 1 9 .2 6 3 4 o .3 0 3 4 5 .3 4 3 4 0 5 .3 4 3 4 1 9 .2 7 3 4 o .3 0 a .2 6 5 .3 4 3 4 0 5 .3 5 3 4 1 9 .2 5 5 .3 6 3 4 0 5 .3 9 1 9 .2 4 3 4 a .2 6 1 9 .2 5 3 4 5 .3 8 3 4 0 5 .4 1 3 4 1 9 .2 5 5 .3 9 3 4 o 5 .4 0 DAY SUN 1 9 .2 6 3 4 5 .3 9 3 4 0 5 .4 3 3 4 1 9 .2 6 3 4 a .2 8 5 .3 9 3 4 5 .4 0 a 5 .4 0 3 4 1 9 .2 7 3 4 5 .4 1 3 4 a 5 .4 4 34 1 9 .2 8 3 4 o .3 0 3 4 5 .4 1 3 4 0 5 .4 2 1 9 .3 1 5 .4 0 o 5 .4 1 3 4 1 9 .3 0 3 4 a .3 2 SU N DAY a .3 1 J 4 5 .3 9 0 5 .4 0 3 4 1 9 .3 0 5 .3 9 3 4 0 5 .4 2 1 9 .2 9 3 4 a .3 0 3 4 5 .4 1 3 4 0 5 .4 2 1 9 .2 9 3 4 1 9 .3 0 5 .4 1 0 5 .4 2 3 4 a. 30 5 .4 1 0 5 .4 2 3 4 1 9 .2 9 5 .4 3 a 5 .4 3 3 4 | 9 .2 9 3 4 a .3 1 1 Bankers' Cables Sight Cables DAY HOLI a. 50 1 9 .5 0 4 0 .4 7 4 0 .4 9 3 4 o .5 1 1 9 .5 0 a .5 1 DAY SU N 0 .5 3 1 9 .5 0 0 .5 1 4 0 .5 0 1 9 .4 8 0 .4 8 3 4 1 4 0 .4 9 a .53 4 0 .5 4 1 9 .4 8 a .4 9 0 .5 4 3 4 1 9 .4 5 3 4 0 .4 7 3 4 4 0 .4 3 0 .5 7 3 4 a . 573 4 1 9 .3 3 3 4 0 .3 7 3 4 4 0 .5 5 1 9 .2 4 0 .3 3 0 .5 1 4 0 .4 0 DAY SUN a . 37 1 9 .2 7 3 4 a .3 1 3 4 4 0 .3 4 1 9 .2 8 3 4 o .3 1 4 0 .3 2 3 4 o .3 6 4 0 .3 1 1 9 .2 6 a .2 7 a .35 1 9 .2 5 3 4 0 .2 7 4 0 .3 1 3 4 o .3 4 4 0 .3 0 a .3 4 3 4 1 9 .2 6 3 4 1 9 .2 6 4 0 .2 9 a .3 1 3 4 DAY SUN a .34 1 9 .2 7 3 4 4 0 .3 0 1 9 .2 7 3 4 a .2 9 I 4 0 .3 0 3 4 a .3 3 4 0 .3 0 a .3 2 1 9 .2 8 3 4 0 .3 3 1 9 .2 9 3 4 0 .3 1 3 4 4 0 .3 2 1 9 .3 2 4 0 .3 1 3 4 a .3 3 3 4 1 9 .3 1 3 4 a .3 3 4 0 .3 0 a .3 2 DAY SUN 1 9 .3 1 a .3 2 3 4 4 0 .3 0 a . 31 a .30 1 9 .3 0 3 4 o .3 1 3 4 4 0 .2 8 1 9 .3 0 3 4 4 0 .2 8 3 4 a .3 0 3 4 1 9 .3 1 4 0 .2 6 4 0 .2 8 1 9 .3 0 s .3 1 1 9 .3 0 3 4 0 .3 2 I 4 0 .2 7 3 4 o .2 8 3 4 Bankers’ Checks Cables DAY HOLI 4 0 .5 1 o ,5 4 4 .9 8 0 5 .0 1 4 0 .5 3 3 4 0 .5 5 4 .9 9 O 5.0 0 DAY SUN 4 0 .5 4 a .57 4 .9 7 a .9 8 4 0 .5 3 a .5 7 4 .9 6 a .9 8 4 0 .5 8 a . 5 8 34 4 .9 7 3 4 0 .9 9 4 0 .4 7 a . 613 4 4 .9 7 3 4 0 .9 8 3 4 4 0 .5 9 a .9 8 a .6 1 3 4 4 .9 7 5 0 .4 4 a .55 4 .9 7 3 4 0 .9 8 DAY SUN 0 .4 1 4 0 .3 8 5 .0 0 a .0 1 4 0 .3 6 3 4 0 .4 0 4 .9 8 a .9 9 3 4 4 0 .3 5 0 .3 9 4 .9 8 a .9 9 3 4 4 0 .3 5 3 4 a .3 8 4 .9 9 0 5 .0 2 4 0 .3 4 a .03 a . 3 83 4 5 .0 0 4 0 .3 3 a .3 5 3 4 5 .0 0 3 4 O .0 2 H DAY SUN 4 0 .3 4 0 .3 8 5 .0 1 3 4 0 .0 3 3 4 4 0 .3 4 3 4 a .3 7 5 .0 1 a .0 2 4 0 .3 4 a . 36 5 .0 3 3 4 a .0 5 M a .37 4 0 .3 6 5 .0 7 a .1 6 3 4 4 0 .3 5 3 4 0 .3 7 3 4 5 .1 0 3 4 0 .1 3 4 0 .3 4 a .3 6 5 .0 9 3 4 0 .1 0 3 4 DAY SU N 4 0 .3 4 a .35 5 .1 1 a . 13 0 .3 4 4 0 .3 2 5 .1 4 3 4 0 .1 8 a . 2 2 54 3 0 .3 2 3 4 a .3 4 34 5 .2 0 5 .1 9 a .20 4 0 .3 0 a .3 2 4 0 .3 0 5 .1 5 3 4 0 .1 7 3 4 4 0 . 3 1 3 4 a .3 2 3 4 5 .1 9 3 4 D enm ark Sw eden N orw ay Kroner Kroner Kroner Bankers' Checks Cables Bankers' Checks Cables Bankers’ Cables Checks Bankers' Cables DAY HOLI 4 .9 9 0 5 .0 2 4 .2 0 3 4 0 .2 2 3 4 5 .0 0 a .01 4 .2 3 a .2 3 3 4 D AY SU N 4 .9 8 a .99 4 .2 0 0 .2 1 3 4 4 .9 7 a .99 4 .2 0 a .2 1 3 4 4 .9 8 3 4 0 5 .0 0 4 .2 1 a. 2 2 4 .9 8 3 4 0 .9 9 3 4 4 .2 1 3 4 4 .9 8 a .99 4 .1 6 3 4 0 .2 0 4 .9 8 3 4 0 .9 9 4 .1 8 3 4 0 .1 9 DAY SUN 5 .1 0 a.02 4 .1 8 3 4 0 .1 9 3 4 4 .9 9 0 5 .0 0 3 4 4 .1 4 3 4 0 .1 7 3 4 4 .9 9 O 5 .0 0 3 4 4 .1 0 3 4 0 .1 3 5 .0 0 a .03 4 .0 1 a .0 8 3 4 5 .1 0 a .04 4 .0 5 3 4 0 .1 0 5 .0 1 3 4 0 .0 3 3 4 4 .1 4 3 4 0 .1 8 3 4 DAY SU N 5 .0 2 3 4 a .0 4 3 4 4 .1 2 3 4 0 .1 6 5 .0 2 a . 03 4 .0 9 0.12-34 0 .1 3 5 .0 4 3 4 0 .0 6 3 4 4 .0 7 0 .1 4 5 .0 8 a . 1734 4 .1 3 5 .1 1 3 4 0 .1 4 4 .1 2 a .1 3 3 4 0 .1 2 3 4 5 .1 0 3 4 0 .1 1 3 4 4 .1 1 DAY SU N 5 .1 2 a . 14 4 .1 1 0 .1 2 3 4 5 .1 5 3 4 0 .1 9 4 .1 5 0 .1 8 3 4 5 .2 1 a .2 3 3 4 4 . 1 3 a . 1934 5 .2 0 o .2 1 4 .1 3 3 4 0 .1 5 3 4 5 .1 6 3 4 0 .1 8 3 4 4 .1 4 3 4 0 .1 6 5 .2 0 3 4 4 .1 7 3 4 B e r lin / Sight Reichsmarks G reek N o w q u o t e d In C en ts p er D ra ch m a Bankers' Checks Cables DAY HOLI D A Y 4 .2 1 3 4 0 .2 3 3 4 1 .8 0 3 4 1 .8 1 3 4 4 .2 4 0 .2 4 3 4 1 .8 1 1 .8 1 3 4 DAY SUN D A Y 1 .8 1 4 .2 1 a .2 2 3 4 1 .8 1 3 4 4 .2 1 a .2 2 3 4 1 .8 1 1 .8 1 3 4 4 .2 2 0 .2 3 1 .8 0 3 4 1 .8 1 3 4 4.223-4 1 .8 1 3 4 1 .8 1 3 4 4 .1 7 3 4 0 .2 1 1 .8 2 1 .8 1 3 4 4 .1 9 3 4 0 .2 0 1 .8 1 3 4 0 .8 2 1 .8 2 a .8 2 3 4 D AY SU N D A Y 4 .1 8 3 4 0 .1 9 3 4 1 .8 0 34 1 .8 0 3 4 4 .1 5 3 4 0 .1 8 3 4 1 .7 9 1 .7 8 3 4 4 .1 1 3 4 0 .1 4 1 .7 7 1 .7 7 3 4 4 .0 2 a. 0 93 4 1 .7 5 3 4 1 .7 5 3 4 4 .0 6 3 4 0 .1 1 1 .6 9 3 4 o .7 3 1 .7 0 0 .7 3 3 4 1 .7 1 4 .1 5 3 4 0 .1 9 3 4 1 .7 1 3 4 D AY SUN D A Y 4 .1 3 3 4 0 .1 7 1 .7 4 1 .7 3 3 4 4 .1 0 a .1 3 3 4 1 .7 2 1 .7 1 3 4 4 .0 8 a .1 4 1 .7 1 3 4 1 .7 2 34 4 .1 4 a .1 5 1 .7 3 1 .7 2 3 4 4 .1 3 a . 1434 1 .7 3 3 4 1 .7 3 3 4 4 .1 2 0 .1 3 3 4 1 .6 9 3 4 1 .7 0 3 4 DAY SUN D A Y 4 .1 2 a .1 3 3 4 1 .6 8 3 4 1 .6 9 3 4 4 .1 6 a . 1934 1 .7 0 1 .6 9 3 4 4 .1 4 a . 2 0 34 1 .6 8 3 4 1 .6 9 3 4 4 .1 4 3 4 0 .1 6 3 4 1 -7 1 3 4 1 .7 1 3 4 4 .1 5 3 4 a . l 7 1 .7 3 1 .7 2 3 4 1 .7 0 o .7 1 11 .7 0 3 4 0 .7 1 3 4 4 .1 8 3 4 V ie n n a S p a n is h Kronen Pesetas Bankers' Checks Cables Bankers’ Checks Cables J an u a ry 1 ____________________ 2 ........... ...................... 3 ____________________ 4 ____________________ 5 _____________________ 6 ____________________ 7 _____________ _______ 8 _____________________ 9 _____________________ 1 0 _____________________ 1 1 _____________________ 1 2 _____________________ 1 3 _____________________ 1 4 __________________ _ 1 5 _____________________ 1 6 _____________________ 1 7 _____________________ 1 8 _____________________ 1 9 _____________________ 2 0 _____________________ 2 1 _____________________ 2 2 _____________________ 2 3 ____________ _____ 2 4 ____________________ 2 5 _____________________ 2 6 _____________________ 2 7 ______ ______________ 2 8 _____________________ 2 9 ______ ______________ 3 0 _____________________ 3 1 _____________________ HOLI 1 7 .6 3 o l 7 .6 4 1 7 .6 4 34 SU N 1 7 .6 4 1 7 .6 3 o l 7 .7 1 1 7 .6 7 0 .7 5 3 4 1 7 .7 2 a .7834 1 7 . 8 2 a l7 .9 1 1 7 .8 5 o l7 .8 8 SUN 1 7 .7 6 0 1 7 .8 3 1 7 .7 3 3 4 1 7 .7 0 a l 7 .7 5 1 7 .7 9 0 1 7 .8 2 1 7 .8 0 0 .8 4 3 4 1 7 .8 0 34 SUN 1 7 .7 5 0 .7 6 3 4 1 7 .7 5 1 7 .7 8 1 7 .8 1 o l 7 . 83 1 7 .8 1 a l7 .8 4 1 7 .8 3 SU N 1 7 .8 3 1 7 .8 3 1 7 .8 3 1 7 .8 4 1 7 .8 2 0 1 7 .8 3 1 7 .8 4 DAY HOLI 1 7 .6 7 a l 7 .6 8 2 6 .9 2 1 7 .6 8 3 4 2 6 .9 2 34 DAY SU N 1 7 .6 8 2 6 . 9 1 a 2 6 .9 2 1 7 .6 7 a l7 .7 5 2 6 .8 9 2 6 .9 1 1 7 .7 1 a .793 4 2 6 .9 2 1 7 .7 6 0 .8 2 34 1 7 .9 0 a l7 .9 5 2 6 .9 1 1 7 .8 9 a l 7 .9 2 2 6 .8 9 0 2 6 .9 1 DAY SUN 1 7 .8 0 a l 7 .8 7 2 6 .9 2 2 6 .9 0 0 2 6 .9 2 1 7 .7 7 3 4 2 8.89.34 1 7 .7 4 a l7 .7 9 1 7 .8 3 a l7 .8 S 2 6 .9 2 1 7 .8 4 0 .8 8 34 2 6 .9 0 2 6 .9 2 1 7 .8 4 3 4 DAY SUN 1 7 .7 9 a .8 0 34 2 6 .9 1 1 7 .7 9 2 6 .9 1 1 7 .8 2 2 6 .9 2 3 4 1 7 .8 5 0 1 7 .8 / 2 6 .9 2 1 7 .8 5 0 1 7 .8 8 2 6 .9 2 1 7 .8 7 2 6 .9 2 DAY SU N 1 7 .8 7 2 6 .9 1 1 7 .8 7 2 6 .9 1 1 7 .8 7 2 6 .9 1 3 4 1 7 .8 8 2 6 .9 2 1 7 .8 6 a l7 .8 7 2 6 .9 1 3 4 1 7 .8 8 2 6 .9 2 DAY 2 6 .9 6 2 6 .9 6 34 DAY 2 6 .9 5 0 2 6 .9 6 2 6 .9 3 2 6 .9 5 2 6 .9 6 2 6 .9 5 2 6 . 9 3 a 2 6 .9 5 DAY 2 6 .9 6 2 6 . 9 4 a 2 6 .98 2 6 .9 3 3 4 2 6 .9 6 2 6 .9 4 2 6 .9 6 DAY 2 6 .9 5 2 6 .9 5 2 6 .9 6 3 4 2 6 .9 6 2 6 .9 6 2 6 .9 6 D AY 2 6 .9 5 2 6 .9 5 2 6 .9 5 3 4 2 6 .9 6 2 6 .9 5 3 4 2 6 .9 6 'Gold or rentenraark equivalent to one trillion pape rroarks, HOLI 1 5 .0 7 ’ ia09*2 1 5 .1 3 SUN 1 5 . 1 5 a l 5 .1 7 1 5 . 1 4 o l 5 . 19 1 5 .1 7 0 .2 5 3 4 1 5 .2 2 o .2 6 34 1 5 .2 8 a l 5 .3 2 15.2412029*2 SU N 1 5 .2 5 a l 5 .2 8 1 5 .2 3 1 5 .1 8 0 .2 3 3 4 1 5 .2 5 3 4 1 5 .2 1 0 1 5 .2 4 1 5 .2 0 a .22 34 SU N 1 5 .2 3 a l 5 .2 5 1 5 .2 2 .15 .22 3 4 15.24*20261 1 5 .2 9 1 5 .2 9 SUN 1 5 .2 9 1 5 .2 8 1 5 .2 9 1 5 .2 4 3 4 a .2 8 1 5 .2 6 3 4 1 5 .2 6 a l 5 .2 8 D AY 15.11*2013*2 1 5 .1 7 DAY 1 5 .1 9 a l 5 .2 1 1 5 .1 8 a l5 .2 3 1 5 .2 1 a .2 9 3 4 1 5 .2 6 a .3 0 3 4 1 5 .3 2 a l 5 .3 6 15.28*2033*2 D AY 1 5 .2 9 a l 5 .3 2 1 5 .2 7 1 5 .2 2 a .27 3 4 1 5 .2 9 3 4 1 5 .2 5 o l5 .2 8 1 5 .2 4 o .2 6 34 D AY 1 5 .2 7 a l 5 .2 9 1 5 .2 6 1 5 .2 6 3 4 15 2 8 l 2a 3 0 l2 1 5 .3 3 1 5 .3 3 ADY 1 5 .3 3 1 5 .3 2 1 5 .3 3 1 5 .2 9 3 4 a .3 2 1 5 .3 0 3 4 1 5 . 3 0 a l 5 . 32 Bankers’ Cables Checks HOLI 2 3 .8 1 2 3 .8 1 SUN 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 • SUN 2 3 .8 0 3 4 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 SUN 2 3 .8 1 2 3 .8 1 2 3 .8 0 2 3 .8 1 2 3 .8 0 3 4 2 3 .8 0 3 4 SUN 2 3 .8 1 2 3 .8 0 34 2 3 .8 0 3 4 2 3 .8 1 2 3 .8 1 2 3 .8 0 34 DAY 2 3 .8 1 2 3 .8 1 D AY 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 DAY 2 3 .8 0 34 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 2 3 .8 1 DAY 2 3 .8 1 2 3 .8 1 2 3 .8 0 2 3 .8 1 2 3 .8 0 3 4 2 3 .8 0 3 4 D AY 2 3 .8 1 2 3 .8 0 3 4 2 3 .8 0 3 4 2 3 .8 1 2 3 .8 1 2 3 .8 0 34 HOLI .00143-4 .0 0 1 4 3 4 SU N .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 34 .0 0 1 4 34 .0 0 1 4 3 4 SUN .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 1 4 .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 3 4 SUN .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 3 4 SUN .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 * 4 .0 0 1 4 34 DAY .0 0 1 4 3 4 .0 0 1 4 3 4 DAY .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 * 4 .0 0 1 4 3 4 .0 0 1 4 * 4 .0 0 1 4 3 4 DAY .0 0 1 4 3 4 .0 0 1 4 * 4 .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 * 4 DAY .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 34 .0 0 1 4 3 s DAY .0 0 1 4 34 .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 3 4 .0 0 1 4 * 4 .0 0 1 4 34 HOLI 1 3 .9 6 3 4 o .9 9 1 3 .9 8 SUN 1 3 .9 8 3 4 1 3 .9 9 1 4 .0 1 3 4 a .12 1 4 .1 3 a l 4 .2 1 1 4 . 1 9 a .2 3 34 1 4 .1 7 0 1 4 .1 9 SU N 14 1 5 3 4 0 .1 7 1 4 . 1 2 a .1334 1 4 .0 8 a l 4 .1 2 1 4 .1 4 1 4 . 1 0 o l 4 . 13 1 4 .1 2 SUN 1 4 .1 3 a l 4 .1 6 1 4 . 17> -4a.22 1 4 .1 9 0 .2 1 3 4 1 4 .2 5 1 4 .2 5 1 4 .2 6 34 SUN 1 4 .2 3 a l 4 .2 5 1 4 .2 3 3 4 o .2 5 1 4 .2 7 * » a 3 1 * i 1 4 .2 9 3 4 0 .3 3 1 4 .2 8 ‘ fa 3 2 > i 1 4 .3 1 DAY 1 3 .9 8 3 4 a .0 1 1 4 .0 0 DAY 1 4.001-4 1 4 .0 1 1 4 .0 3 3 4 a .1 4 1 4 .1 5 a l4 .2 3 1 4 . 2 1 o .2 5 3 4 1 4 .1 9 0 1 4 .2 1 DAY 1 4 . 1 7 3 4 a . 19 1 4 . 1 4 a . 1534 1 4 .1 0 a l4 .1 4 1 4 .1 6 1 4 .1 2 a lJ .1 5 1 4 .1 4 DAY 1 4 .1 5 a l4 .1 8 1 4 . 1 9 3 4 0 .2 4 1 4 .2 1 a .2 3 34 1 4 .2 7 1 4 .2 7 1 4 .2 8 3 4 DAY 1 4 .2 5 0 1 4 .2 7 1 4 .2 5 3 4 0 .2 7 1 4 .2 9 * ia 3 3 4 1 4 . 3 1 3 4 a .3 5 1 4 .3 0 * ia 3 4 4 1 4 .3 3 12 [V ol. 120, MONTHLY EEYIEW Bank of Netherlands on Jan. 14 reduced its official discount 32 7-16&. Jan. 30 and 32%d. Jan. 31, against 31%d. Jan. 2. rate from 4 % % to 4% and the shipment of gold from the At one time during the month the price was up to 32 9-16. United States to Holland doubtless played some part in the © © © b 00 b - CO b* b» C O b» C b» © O © © CO decline in Dutch exchange. Sight bills on Amsterdam were NNNNNN NNbj NC* N © ©« O Oo eb NNbNN © i e o 9$ at their highest on Jan. 8 at 40.57% and at their lowest at §2 40.26 Jan. 29, with the rate Jan. 31 40.27%@40.28%. Swiss C O © W © © b- © * b- © FH C © C O O C C C 00 © © O O O 00 00 00 00 00 00 ■ NNNNNN NNNNNN * francs on bankers’ checks fell from 19.50 Jan. 3 to 19.23 Jan. << T* T 4 t< -4< T Tti Tf t* 10, and were 19.29% @19.31 Jan. 31. Rates on the Scandina O O O © © © © © © O r-i Cq Cq C C © © O O lO C -o O C C O O Tji C ^ C © C vian centres, except in the case of the Swedish crown, which C 30C 30C 30 O 3 3 S C CCC § 3 Q O Q Q Q C----- -------------3 CCS C3C3C3C3C3C3 fluctuated within narrow limits, moved sharply upward. * S S s* Particularly is this true of the Danish crown, which rose O © © © • *■ »*< © © O (N rH (N ^ CO Cq »H C <N C O O CO C CO }< © © from 17.63 on bankers’ checks Jan. 2 to 17.91 Jan. 9, and was 17.84 Jan. 31. The much debated Danish exchange stabiliza ^ cq cq co co cq co cq co © © © io *o o o cq »-i cq co ^ ^ tion plan became a law during the month. Under it the b- b b - b - b b« b OC3CSC3C3C3 C « O « § « 3 eo bocscacsoe NNNNNN C3CSOC3C3C3 t>NNNNN Danish crown is “pegged” at 17.42c. until July 1 1925; at XX XXXXXX XXXXXX cq cq cq •* ^ © XXXXsX 17.86c. until Jan. 1 1926; at 18.30c. until July 1 1926, and at cO i-«ocq»H eq ^ O '© h O h h c ON t*Nb NNN Nb t»NN NNNNco N * » N sO b» 18.80c. until Jan. 1 1927. A $40,000,000 one-year credit was * ^ ^ ^ ^ ^ ^ ^ •r Tt< extended on Jan. 15 to the Government through the Danish X jrXXX ioco co co cq co co © co X XsfX.?rXs JrX XXXX© X National Bank by a number of banks in this city headed by o cq cq co © © © © »o S bN b b» b b» b* N b* b - b« b» b~ b» b S b* b< N b» b* b» b» b» b* C3C3 C S0C30C3C C3C3C30QC3 Q O O O a O O O O O O O the National City Bank. The Norwegian crown moved up from 15.07% Jan. 2 to 15.32 Jan. 9, but was only 15.26@ < r- <,r—r - r - r —r— t—t—t—t— r- t — f - r - t - r - t '15.28 Jan. 31. A very substantial improvement in Spanish exchange occurred during the month, based apparently on dXRgsXSSSS £ jX a‘-sX-sS ^ sXRSORSXXXaeRX reports of the termination of the Moroccan campaign. As 0^©£©©©oo©©£©t-boobbEoobooo© ©&©©©©©© « O ! b» WN N ® N N N N N N ^ ‘ bo* b * N Nob o he* ^ N bc* bo» C OgO e CoO ^ ‘ b» N N o• o oN o o o o o o o o o o o o o o against 13.96% for pesetas on checks Jan. 2 the rate Jan. 29 a a coa cox oox a a a a a a s jb» b» oo os os © o o © o o o o os js x x was 14.33, with the quotation Jan. 31 14.31. © co b» co © © t>» © © bRates on South America moved still higher in a number of cases, though this was not true as regards the Chilean peso, a fS o o o a which declined. The milreis on Brazil was 11.70 Jan. 31, © © O© i b» © b- C © © O O N bOOCObo t ©© rXXXXX ■raffXr b-ob-^b»o aa ©O ©OOO b»b»b»b» C b .t^ b .r ^ b .1 ^ b- bthe same as on Jan. 2, but on Jan. 9 was 12.02. The Argen O oooooo b» O O O b» b- O O O CO00 C C O O O O O O O O O O O o o tine peso, while fluctuating more or less, was maintained at aa xxxxxss 00 © U5 b - CO b» b . b . t ^ © © 0 © © © © 00 © © © © C © b » b *© b » CONO b b b N b N b» bN N a high level, and on Jan. 26 touched 40.29 for checks. The 6 Tf Tf Tf Tf T f< ^^^ ^ ^ rate Jan. 31 was 40.18. The Chilean peso was only 11.00 xxxxxx X crX X X X Jan. 31, against 11.53 Jan. 2. Rates on the Far East were b « s»© b bb»b©» 00 ©=b-bb-CbO» b »-b= oo b- b» © GO CO ©©©©©© o © b b» * b b »bX= =Sb -« b* b» oo C© © o bbbbbb b » " higher, especially in the case of the silver-using countries. OOOOOO OOOOOO oooooo O O O O O O The tael on Shanghai Jan. 31 was 76@77, against 74% @ X© XXX b» t^t^b © ©©©0 0 © 00 © b» © »00© N b b b0b0 © © © © 00 b . N N N N bN b 74% Jan. 2 and the dollar on Hong Kong 56% @56% Jan. 31, b. b - b . b* b - 1> T fl ^ ^ ^ ^ ^ tJ<rt< ^ against 55%@55% Jan. 2, while rupees on Bombay were j^XXXXX aXs’s'Xa’ X=XXXX X X X X X X XX co-^©©© ©©-^©© ©©©b b b b b» b» © © b» 36% @36% Jan. 31, against 36@36% Jan. 2. The Bank of . bbbbbb cq cq b» b . b - b b b b*NNNbb b »b »b »b »b »b » b- b . India on Jan. 22 advanced its rate of discount from 6%, the oooooo OOOOOO OOOOOO o o figure which had been in effect since Oct. 16 1924, to 7%. X X X XX r fn s V X X X XXX«?X XX s; ^cq M C ^ IO © cocq© co-^ ^ ^ ^ © N b © © c o © © © W O IO The Japanese yen was 38%@39 Jan. 31, against 39@39% b bJan. 2. Silver in London moved upward again in January, after the sharp decline in December. The quotation was r-(cqco^©©boo©©r-Hcqco-^©©bco©©^cqco-^©©boo©©-H ^ ^ H ^ ^ rH cqcqcqcqcqcqcqcqcqcqcoco H ^ ^ rH rH rH oo co t tji RATES OF EXCHANGE ON OTHER CENTRES. Canada Kronen Leu e P o lis h Zloty Checks I .. 2 -3 — 4_. B u ch arest Dollars Jan. C zech o slo v a k ia Checks Checks Checks Checks 3 .0 1 H 3 .0 1 ^ .5 1 5 4 .51 1 4 1914 1914 .0 0 1 3 5 4 .0 0 1 3 5 4 »u % 6.6 % *u% • l« % disc't »n % U3.% disc't disc’ t disc’t disc’t disc’t 3 .0 1 K 3 .0 1 K 3 .0 1 H 3 .0 1 % 3 .0 1 M 3 .0 1 H .5 1 5 4 .5 1 1 4 .5 1 5 4 •SI 54 .5 1 5 4 .5 1 5 4 1914 19M 1914 1914 1914 1914 .0 0 1 3 5 4 .0 0 1 3 5 4 .0 0 1 3 K .0 0 1 3 5 4 .0 0 1 3 1 4 .0 0 1 3 5 4 disc’ t "31% disc’ t 133 t% disc’t 13SJ% disc't “ 3 .% disc’t disc’t ’»% 3 .0 0 ^ 3 .0 0 ^ 3 .0 0 ^ 3 .0 0 H 3 .0 0 1 4 3 .0 0 K .5 1 5 4 .5 1 5 4 .5 1 5 4 .5 2 .5 2 1 4 .5 2 5 4 1914 1914 1914 1914 1914 1914 .0 0 1 3 5 4 .0 0 1 3 5 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 “ 31% »33 !% *16% 61 «% S31% sl « % disc't disc’t disc’ t disc't disc’t disc’ t 3 .0 0 M 3 .0 0 ! 4 3 .0 0 H 3 .0 0 2 .9 9 K 2 .9 8 M .5 3 .5 2 1 4 .5 2 5 4 .5 2 5 4 .5 2 5 4 .5 2 1 4 1914 1914 1914 1914 1914 1914 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 , I «% 333% >13% Par >33% ‘ 61% disc’ t disc’t disc’ ! 2.Q7H .5 2 1 4 .5 2 54 .5 2 1 4 .5 2 1 4 -5 2 J 4 .5 2 1914 1914 1914 1914 1914 191 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 .0 0 1 4 ‘ i>% •u% 5 .. 6 — 7 -. 8 -9 .. 1 0 11— 1 2 -. 1 3 1 4 .15— 16 — 17— 18. 1 9 2 0 2 1 .. 2 2 2 8 24— 25— 26 — 2 7 -2 8 -2 9 -3 0 -81 — dlsc’t diac’t • l» % disc’1 disc’t 2 .9 7 K 2 .9 7 Z A 2 .9 7 54 2 .9 7 5 4 2 .9 7 5 4 * H u n ga ry 78. 9. 10- 11- 12 - 18- ii: IgH: |2l 23- I4£626- 27- 28- p: C o lo m b ia V ene z u e la • C h ile zP eru y P ortu gal Dollars Sucre Peso Bolivar Peso Libra Checks Checks Checks Checks Checks Checks Checks Checks 29 29 9 9 .5 0 9 9 .5 0 18K 18M 9 9 .5 0 9 9 .6 0 19 K 19>i 1 1 .5 3 1 1 .5 3 4 .1 5 4 .1 5 29 29 29 29 29 29 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 18K 18X 18H 18H 18H 9 9 .0 0 9 9 .0 0 9 9 .0 0 9 9 .4 0 9 9 .5 0 9 9 .8 0 19M 19 Yi 19 « 19 X 19X 19X 1 1 .4 6 1 1 .4 6 1 1 .5 2 1 1 .5 3 1 1 .5 2 1 1 .5 7 4 .1 4 4 .1 4 4 .0 6 4 .0 5 4 .0 8 4 .0 7 29 29 29 29 29 29 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 18K 18M 18H 20 20 20 9 9 .6 0 9 9 .5 0 1 0 0 .5 0 1 0 0 .6 0 1 0 0 .6 0 1 0 0 .6 0 19X 19X 19X 19X 19X 19X 1 1 .5 2 1 1 .4 6 1 1 .2 5 1 1 .3 0 1 1 .3 1 1 1 .3 1 4 .0 7 4 .0 8 4 .0 7 4 .1 3 4 .0 6 4 .0 6 29 29 29 29 29 29 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 9 9 .5 0 20 20 20 20 20 20 1 0 0 .2 0 1 0 0 .1 0 1 0 0 .0 0 1 0 0 .2 0 1 0 0 .4 0 9 9 .2 0 19X 19X 19X 19X 19X 19X 1 1 .3 1 1 1 .3 1 1 1 .1 8 1 1 .3 2 1 1 .3 3 1 1 .3 5 4 .0 6 4 .0 8 4 .0 9 4 .0 7 4 .0 8 4 .0 8 9 7 .3 0 9 7 .3 0 9 7 .3 0 9 7 .3 0 9 7 .3 0 9 7 .3 0 2 1 .8 3 2 1 .8 3 2 1 .8 3 2 1 .8 3 2 1 .8 3 2 1 .8 3 9 9 .2 1 1 0 0 .2 0 1 0 0 .8 0 1 0 1 .3 0 1 0 1 .7 0 1 0 2 .3 0 19X 19X 19X 19X 19X 19X 1 1 .2 8 1 1 .2 8 1 1 .2 8 1 1 .5 0 1 1 .0 0 1 1 .0 0 4 .0 9 4 .1 1 4 .1 1 4 .1 1 4 .1 2 4 .1 2 33 33 33 33 33 33 1 -3 1 -3 1 -3 1 -3 1 -3 1 -3 E cu a d or U ruguay 18X F in n is h A r g e n tin a B r a z il Markka Peso M ilreis Checks Checks Cables Checks Cables 5 .1 6 5 .1 6 .7 4 .7 4 2 .5 3 2 .5 3 4 0 .2 2 4 0 .1 1 4 0 .2 7 4 0 .1 6 1 1 .7 0 1 1 .6 5 1 1 .7 5 1 1 .7 0 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 .7 4 .7 4 .7 4 .7 4 .7 4 .7 4 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 4 0 .1 8 4 0 .1 8 3 9 .8 9 4 0 .0 0 3 9 .7 8 3 9 .8 9 4 0 .2 3 4 0 .2 3 3 9 .9 4 4 0 .0 5 3 9 .8 3 3 9 .9 4 1 1 .6 8 1 1 .6 8 1 1 .7 0 1 1 .8 6 1 2 .0 2 1 1 .9 5 1 1 .7 3 1 1 1 .7 3 | 1 1 .7 5 1 1 .9 1 1 2 .0 7 1 2 .0 0 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 .7 4 .7 4 .7 4 .7 4 .7 4 .7 4 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 4 0 .0 4 3 9 .8 6 3 9 .8 9 4 0 .0 4 4 0 .0 7 4 0 .1 8 4 0 .0 9 3 9 .9 1 3 9 .9 4 4 0 .0 9 4 0 .1 2 4 0 .2 3 1 2 .0 5 1 1 .9 3 1 1 .7 9 1 1 .8 5 1 1 .8 5 1 1 .8 6 1 2 .1 0 1 1 .9 8 1 1 .8 4 1 1 .9 0 1 1 .9 0 1 1 .9 1 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 .7 4 .7 4 .7 4 .7 4 .7 4 .7 4 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 4 0 .1 8 4 0 .2 6 4 0 .2 2 4 0 .2 6 4 0 .2 6 4 0 .1 8 4 0 .2 3 4 0 .3 1 4 0 .2 7 4 0 .3 1 4 0 .3 1 4 0 .2 3 1 1 .9 0 1 1 .9 0 1 1 .9 2 1 1 .9 2 1 1 .8 8 1 1 .8 2 1 1 .9 5 1 1 .9 5 1 1 .9 7 1 1 .9 7 1 1 .9 3 1 1 .8 7 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 5 .1 6 .7 4 .7 4 .7 4 .7 4 .7 4 .7 4 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 2 .5 3 4 0 .2 9 4 0 .2 7 4 0 .1 5 4 0 .2 7 4 0 .1 4 4 0 .1 8 4 0 .3 4 4 0 .3 2 4 0 .2 0 4 0 .3 2 4 0 .1 9 4 0 .2 3 1 1 .7 5 1 1 .6 7 1 1 .5 1 1 1 .5 1 1 1 .6 8 1 1 .7 0 1 1 .8 0 1 1 .7 2 1 1 .5 6 1 1 .5 6 1 1 .7 3 1 1 .7 5 Escudo Checks 4. 5. 6- Checks Checks B o liv ia 3. d B u lg a r ia H O L ID A Y 1 .5 5 5 4 1 .5 6 1 4 SUNDAY 1 .5 7 1 .6 0 1 4 1 .6 3 1 .6 3 1 .7 9 1 .7 3 @ 1 .8 0 SUN DAY 1 .6 6 1 .6 7 1 4 1 .6 4 1 4 1 .6 4 1 .6 2 1 4 1 .6 1 M 0 1 .6 2 SUN DAY 1 .6 1 1 .6 3 1 .6 4 5 4 1 .6 3 1 4 1 .6 3 1 .6 3 SUN DAY 1 .6 4 1 .6 4 1 4 1 .6 4 1 .6 4 1 .6 3 1 4 1 .6 3 1 4 B oliviano l. 2- d R u s s ia n Chervonets S e r b ia H ong K ong Checks HOLI D A Y 4 .8 9 4 .9 1 SUN D A Y * 4 .9 1 4 .9 1 4 .9 1 4 .9 1 4 .9 1 4 .9 2 SU N d a y ’ 4 .9 3 4 .9 1 4 .8 5 4 .9 3 4 .9 3 4 .9 1 SU N d a y ’ 4 .9 3 4 .9 1 4 .9 1 4 .9 1 4 .9 1 4 .9 7 SU N d a y ’ 4 .9 6 4 .9 1 4 .9 1 4 .9 6 4 .9 6 4 .9 6 Shang hal Y oko ham a M a n ila S in g a pore B om bay Java Dollar T u rk ey Tael Yen Peso Dollars Ru-pees Guilders Checks Checks Checks Checks Checks Check* Checks 55X a55M 55M a56 7 4 X a 7 4 X 39 7 4 X 0 7 4 X 39 a 3 9 X 50 a 3 9 X 50 _ _ _ 56 56 56 56 56 56X 7 4 X 0 7 5 X 39 7 5 X a 7 6 X 39 7 5 X « 7 6 X 39 7 5 X a 7 6 X 39 75X o76X 38X 75X 076 X 38X a39X a39X 039X 039X 039 a39 _ _ _ _ 56X a56^ 5 6 X a 5 6 }4 56X a56X 56X a56X 56X a56X 56 a56X _ _ 56 56 56 56 56 56 056M 056X a 5 6 Yi a56X a56X a56X 56 56 56 56X 56X 56X a 5 6 X 76 a56X 75X 0 5 6 X 76 a 5 6 X 76 a 5 6 X 76 a 5 6 X 76 --- a56X a56X a5 6 X a56X a56X a56X 76X 76X 76X 76 76 76 a 5 0 X 5 5 X <255 X a50X 55X 055X 49X a50 49X 050 49X o50 49X 050 49X a50 49X a50 56 56 56 56 56 X 56X 056X a5 6 X 056 X 056X a56 X a56X 36X 36X 36X 36 X 36X 36X a36X 40X O 40X a36X 40X O 40X "« K 036X 40X O 40X 036X 40X O 40X a36X 40X O 40X <236 X 4 0 X O 4 0 X 036X 40X O 40X 036X 40X O 40X a77X 38X a39 a77X 38X a39 «7 7 X 38X o39 a77 38X a39 o77 38X 039 38X o39 a77 49X a50 49X 050 49X a50 49X o50 49X a50 49X 050 56X 56 X 56 X 56X 56 X 56X a56X <z56 X o56 X 056X 0.56 X a56X 36X 36X 36 36 36 36 036X 036X a36X a36X 036X a36X 40X O 40X 40X O 40X 40 X a40 X 40X a40X 40X O 40X 40X O 40X 38X a39 38X a39 38X a39 38X a39 38 X a39 38X a39 49X 050 49X a50 49X 050 49X a50 49X a50 4 9 X <250 56 X 56 X 56 X 56X 56X 56X <256 X 3 6 a56 X 36 a56 X 36 a 5 6 X 36 a 5 6 X 36 a56X 36X 036X 036X 036X a36X a36X a36X 40X O 40X 40X O 40X 40 X 040 X 40 X o40 X 40 X o40 X 40 X 0 40 X 38X a39 38 X a39 38 X a39 38X a39 38 X a39 38 X a39 49X 050 4 9 X <250 49X 050 4 9 X < i 50 49X 050 49 X o50 56 X 56X 56X 56 X 56 X 56 X 056X a56X 056X o56 X o56 X a56 X a36X 036X 036X o36X a36X a36 X 40X a40X 40 X 0 4 0 X 40 X 0 40 X 40 X a40 X 40X O 40X 40 X o40 X 75X 076X 75X 076X 76 077 76 o77 75X a76X 75X 076 X a76X 076X 077 a77 077 077 36 36 36X 36X 36X 36X 36X 36 X * C e n t s o f U . S . m o n e y p e r C h i le a n p e s o , z A m e r ic a n m o n e y p e r P e r u v ia n p o u n d , y V a lu e o f o n e e s c u d o in U . S . c u r r e n c y , d N o m in a l. E f f e c t i v e M a y 12 1 9 2 4 c o m m e n c e d t h e q u o t a t i o n o f P o li s h e x c h a n g e In z l o t y I n s t e a d o f m i r k s , w h i c h h a d f o r m e r l y b e e n t h e m e d i u m o f e x c h a n g e . T h e z l o t y is e q u i v a l e n t t o 1 ,8 0 0 , 0 0 0 m a r k s . ’ N ew York Stock Exchange 13 M O N TH LY AND 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 1924 to date. They need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. W e give bonds first, using the classification adopted in the official list. The black faced letters in the column headed “ Interest Period” indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. A few other bonds, like the Holland-American Line 6s and the Anton Jurgens Works 6s, for special reasons, are also quoted “ flat,” but where this is the case the notation “flat” will be found against the name of the issue. This method of quoting bonds became effective January 2 1909. For footnotes to tables see last page of bonds and last page of stocks. BONDS—PRICES AND SALES FOR JANUARY 1925 AND RANGE FOR THE YEAR 1924. Sales in Sales in January 1924. Par Value. (12 Months) BONDS N. Y. STOCK EXCHANGE. U S G overnm ent Securities First Liberty Loan— First 3 Ms_____________ 1932-1947 Registered___________________ First 4s_______________ 1932-1947 Registered___________________ First 4 Ms________ 1932-1947 Registered First Second 4 Ms_____ 1932-1947 Registered_______ 8econd Liberty Loan— Second 4s_____________ 1927-1942 Registered 8econd 4M s___________1927-1942 Registered______ Third Liberty Loan— Third 4 M s................... 1928 Registered_______ Fourth Liberty Loan— Fourth 4 Ms___________1933-1938 Registered Treasury 4 M s ___________1947-1952 Registered Treasury 4s_____________ 1944-1954 2s cons reg____________ April 1930 Panama Canal 3s_____________ 1961 Registered______________ .-.1961 $ $ 6,911,000 99,000 21,000 78,346,000 2,064,000 1,193,000 18.000 26,872,000 4,170,000 3,817,000 151,000 1,299,000 31,000 8,000 Bid. Jan. 31. Ask. Bid. 1003032SaIe 100 3132Sale 101>°S2 -101 1011*3 Sale Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 1011»32Sale 1 0 0 20 Jan. 32 100 2432Jan. *32 101 2 2 1 0 23 1011 Jan. 43 2 2 lO H W an . 22 2 101>*32Jan. 29 5 lOl^saJan. 28 100 2*3 l01*32 2 100 2832Sale 101 33 Sale 2 lOl.OOSale 100 2032Jan. 2 100 2832Jan. 100 2832Jan. 31 1 0 0 2832Jan. 100 2032Jan. 5 101*32 Jan. 100I832Jan. 5 101 Jan. 12 31 30 29 98*32 Jan. 98*32 Jan. 98*32 Jan. 98*32 Jan. M S 6,122,000 135,148,000 10133 Sale 2 291,000 4,431,000 1 0 1 L 2 Sale M S 101i*32Sale 101 *32 Jan. 14 1 0 1 1832Jan. 30 1002*32Jan. 13 10H*32Jan. 28 99*32 Jan. 981 32Jan. 0 10,961,000 313,315,000 1012432Sale 391,000 5,899,000 1002432Sale 1,973,000 69,034,000 1042832Sale 28,000 591,000 5,279,000 3,803,000 100 2232Sale 26,000 3,000 10,000 Q M 102.00Sale 1012 *32Sale 105.00Sale 100 2432Sale 1011 432Jan. 1011 32Jan. 8 1042232Jan. 1042 *3jJan. 1001532Jan. 100M Sale 100M Jan. Foreign Government Securities Argentine (Govt) 5-year 7s____ 1927 F Argentine (Rep) 5s o f 1909____ 1945 M Sinking fund gold 6s ser A ___1957 M External 6s ser B temp______ 1958 J Austrian Govt s f 7s___________1943 J Belgium 25-year ext s f 7 Ms g--1945 J 20-year sinking fund 8s_____ 1941 F 25-year ext 6 Ms int ctf______ 1949 External s f 6s inter rets_____ 1955 14,000 1,000 18,000 3,000 8,000 1,000 15,000 4,000 17.000 8,000 15,000 44,000 1,000 4,000 706,000 A S 65,000 S 1,307,000 D 866,000 645,000 D D 409,000 366,000 803,000 2,268,000 42,000 103,000 25-year s f 6s temp_________ 1949'A 94,000 427,000 280,000 820,000 578,000 213,000 208,000 Buenos Aires extl 6 Ms________ 1955 J 154,000 183,000 do do 5 s _______1931 A 462,000 10-year gold 5M s_____________1929F 524,000 30-year gold 5s_____________ 1952 124,000 Carlsbad (City) 8s int ctf_____1954 238,000 Chile Republic exter s f 8s_____1941 75,000 External 5-year s f 8s_______ 1926 20-year external s f 7s______ 1942 383,000 141,000 25-year extl s f 8s gold______1946 418,000 Chinese, Hukuang R y 5s______ 1951 34,000 Christiania (City) Oslo 8s_____ 1945 100,000 30-year s f 6s int ctfs________1954 201,000 Colombia (Rep) extl 6 Ms____ 1927 743,000 Copenhagen 25-year s f 5M s_ 1944 _ 12,000 Cuba Rep o f 5s o f 1904_______ 1944 5s ext debt Ser A o f 1914____1949 106,000 4 Ms external loan__________ 1949 578,000 30-year s f 5M s------------------- 1953 261,000 Czechoslovak (Rep of) 8s_____ 1951 345,000 Sink fd 8s ser B int c tf______ 1952 93,000 Danish Cons Mimic s f 8s A _ 1946 _ 323,000 Series B sink fd 8s_________ 1946 212,000 Denmark external sink fd 8s___1945 205,000 20-year external gold 6s_____ 1942 88,000 Dominican Republic sink fd 5s. 1958 635,000 Custom administr 5Ms_____ 1942 876,000 Dutch East Ind 25-year ext 6s. 1947 829,000 40-year extl sink fd gold 6 s .. 1962 497,000 30-year extl g 5 Ms___ Mar 1953 1,049,000 30-year extl gold 5 M s..N o v 1953 1,009,000 French Repub 25-year ext 8 s ..1945 20-year external loan 7M s___1941 J D 1,118,000 External 7s o f 1924 temp____ 1949 J D 3,508,000 315,000 Finnish m u n lo a n 6 M s A _____ 1954 A 182,000 6 Ms ser B inter ctfs________ 1954 A O 118,000 Finland (Rep of) exter 6s_____ 1945 M S German ext’l loan 7s int re ts.. 1949 A O 6,335,000 Grt Brit & Ireland, Un King of— 20-year gold bond 5M s_____ 1937 F A 1,378,000 1,974,000 10-year conv 5 Ms___________1929 F 274,000 Greater Prague 7 Ms o f 1922 1952 M N 666,000 Greek Govt 7s interim rets____ 1964 M N 255,000 Haiti (Rep of) Oust s f 6s_____ 1952 A O 912,000 Hungary (King of) 7Ms r e ts..1944 F A 514,000 Indus Bk o f Japan 6% n o te s.. 1927 F A Italy, Kingdom, ser A 6 Ms___ 1925 F A 18,000 101J*32June 27 1012 432Sept. 6 10223 32Aug. 15 102*32 July 29 102**s2Aug. 4 1 0 2 17 N ov. 5 32 1021832Sept. 26 102*33 Oct. 1ft 98J 13jMar. 982 03jMar. 98 2732Jan. 973 032Jan. 1013432_____ 101ls32Jan. 15 102 Jan. 8 98*32 Jan. *3jJan. 9 9843j Jan. 1012 432Sale 101*32 Jan. 14 1012 Jan. 14 101.16Jan. 14 982 03aJan. *32 1011*33 1012 1012832l03243 101 2 102 Sept. MN 17,000 439,000 1002 »32Sale 2,000 40,000 MN M N 11,250,000 159,060.000 1002432Sale MN 137,000 5,560,000 1002232Sale State an d C ity Securities New York City— 4Ms________ 1960 M S Registered___________________ M S 4 Ms Corporate stock_______ 1964 M S 4 Ms Corporate stock_______ 1966 A O 4 Ms Corporate stock_______ 1971 J D 4Ms Corporate stock_______ 1967 J J 4Ms Corporate stock_______ 1965 J D 4M s Corporate stock_______ 1963 M S 4% Corporate stock________ 1959 M N 4% Corporate stock________ 1958 M N 4% Corporate stock________ 1957 M N 4% Corporate stock r e g ____1956 M N 4% Corporate stock reg____ 1955 M N 4Ms Corporate stock_______ 1957 M N 4M % Corporate stock______ 1957 M N MN Registered 3M % Corporate stock______ 1954 M N N Y State Canal 4s____________1960 J J Canal 4M s_________________ 1964 J J Highway Impt 4M s________ 1983 M S R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. 325,000 100M 101 189,000 39,000 83,000 113,000 60,000 120,000 122,000 107,000 113,000 60,000 2,000 226,000 157,000 45,000 80,000 1,000 5,000 1,000 101M 101M 105*x£ 105 M 105M 105M 98 98 105 I 97 M 6,747,000 1,351,000 24,676,000 978.000 11,708,000 9,082,000 6,440,000 9,331,000 2,029,000 1,022,000 157.000 1,649,000 11,373,000 7,702,000 11,217,000 5,487,000 1,435,000 632,000 4,025,000 3,206,000 5,418,000 8,463,000 327,000 3.544,000 2,309,000 4,546,000 2,161,000 2,188,000 714,000 114,000 2,929,000 3,192,000 687,000 274,000 1,476,000 21,079,000 6,351,000 1,501,000 881,000 907,000 2,825,000 7,161,000 489,000 2,148,000 6,805,000 10,002,000 6,856,000 1,348,000 20,375,000 24,321,000 13,721,000 11,000 16,000 1,377,000 48,193,000 102 81M 95 M 95 M 96 M 109 107M 92 M 87 M 111 105 105 89 101M 101M 101 V, 106V 106 105M 106 105 M 105M 105 M Sale 98 Vx 98 M 98 M 105 M 105M 98 M 98 20 5 14 26 14 102>32 Jan. 28 98*32 Jan. 1013132Jan. 10 98732 Jan. 105i232Jan. 8 99*32 Jan. 6 991332Jan. 1002 *32Jan. 29 100*32 Dec. 103 M Mar. 97M Oct. 97 % Oct. 3 100M 17 100M 101M Jan. 14 101M 101M Jan. 3 101M 106VC 105M Jan. 106 M 106M 105M Jan. 98 Jan. Sale 98M Jan. 105M 98 Jan. 98M Jan. 98M Jan. 105M 105M 105 M 105M 105M 105 M 105M Jan. Jan.. 8 Jan. 17 Jan. 28 Jan. 3 4 4 2 2 1012*32Oct. 10 12332July 102*33 Aug. 102*32 Nov. 4 23 13 15 102 2432Aug. 102«32AUg. 103 Aug. 9 102**32Aug. ft 10773 NOV. 1 2 1 0 6 213 2 N o v . 5 98 M Mar. 10 101M Aug. 4 100l332Dec. 31 103 M Sept. 3 97 M Oct. 22 97 % Oct. 23 26 106M Jan. 26 20 2 20 3 26 19 105M 99 98M 98M 98 M 98M Jan. Jan. Jan. Jan. Jan. Jan. 20 29 20 5 26 19 12 105M Jan. 30 17 105 Jan. 17 89 M 89 M 89 M 89M Jan. 20 89M Jan. 20 Sale Sale Sale Sale Sale Sale Sale Sale Sale 111M 102 M 83 M 95 M 95 M 97 109 107 93 M 87 M 110M 97 M Sale 110M 111 92 M Sale 93 M Sale 84 84 M 97 96 M Sale 82 M Sale 83 M 104 M Sale 106 M Sale 96 96 M 100 M Sale 100 M 101M Sale 102 102 Sale 102 M 102 Sale 102 M 98 M Sale 97 M 106 M Sale 107 M Sale 102 M 103 Sale 101 99 Sale 107 M 107 42 M 43 42 M 110 111 111M 97 M Sale 99 M 99 M 94 M Sale 96 M 97 96 M Sale 97 98 M 95 82 86 M Sale 96 M Sale 98 M 98 M Sale 100M 98 M Sale 100M 109 M 110 110 109 M 110 109 M Sale 110M 109 99 M Sale 102 101 102 M 102 Sale 92 94 98 M Sale 100 Sale 100 99 92 % 93 95 M Sale 93 96 103 M Sale 103 M 98 M Sale 100 M 91M Sale 91M Sale 91 91 Sale 91 91 85M Sale 86 M 93 M Sale 95 M 22,107,000 105 Sale 10,474,000 116M Sale 3,461,000 90 Sale 1,775,000 88 M Sale 3,091,000 92 Sale 4,336,000 89 Vs Sale 518,000 98*4 99 1,293,000 100 106M 117 92 M 88 93 M 90 99 M 99 M 10 102M 2 84M 2 95M 26 96 2 97M 10 110M 21 108 2 94M 30 88 24 112 9 98 16 111M 2 93M 2 85M 2 97 % 3 84M 2 106M 2 97M 2 102M 14 102M 2(103 M 2 103 16 98M 2 108M 23 103M 3 101M 24 0 7 20 44M 5 111M 15 98 8 100 6 97M 20 97 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. 7 23 2 20 28 21 20 12 14 17 23 13 16 6 24 23 29 22 23 20 27 21 20 29 6 21 12 26 23 23 26 21 31 84 Jan. 96M Jan. 98M Jan. 97M Jan. 109M Jan. 109M Jan. 109 Jan. 99M Jan. 101M Jan. 92 Jan. 98M Jan. 98M Jan. 93M Jan. 92M Jan. 102M Jan. 98M Jan. 91 Vs Jan. 90 Jan. 90 Jan. 85M Jan. 93M Jan. 22 2 2 2 13 6 2 2 8 2 2 2 4 5 26 2 28 14 15 2 2 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 29 31 29 8 15 9 23 9 29 23 22 22 22 7 14 2 2 2 20 23 104M Jan. 116 Jan. 90 Jan. 88 Jan. 91M Jan. 89M Jan. 98M Jan. 99M Jan. 2 2 2 3 8 2 5 2 106M Jan. 117M Jan. 92M Jan. 88M Jan. 94 Jan. 90M Jan. 99M Jan. 99M Jan. 23 19 26 13 30 3 24 7 Sale 85 M Sale Sale Sale Sale Sale Sale Sale H IM Sale 111 Sale Sale Sale Sale 107 Sale 101M Sale Sale Sale 98 M Sale Sale Sale Sale Sale Sale 98 Sale Sale Sale 96 84 Sale Sale Sale 110M 110M Sale Sale 102 M Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 87 Sale 101M 81M 95 94M 96M 108M 106M 92 % 87 110M 95M 110M 92M 84 96 82 104 95M 100M 101M 102 101M 96 106M 102M 98M 107 41M 109M 95M 99M 94M 95M Sale Sale Sale 88 M 94 M Sale 99 M Sale 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. 86M 98M 100M 100M 110M 110M I ll 102 102 94M 100M 101 96M 96M 104M 101M 92M 91 91 87M 95M Feb. M ay M ay Dec. Jan. Jan. Jan. Dec. ; Dec. Apr. Dec. M ay Jan. Jan. July July Jan. Sept. Jan. Jan. Jan. Jan. July Jan. Mar. Feb. Jan. Apr. : Feb. Dec. Jan. Mar. Feb. June Feb. : Jan. Jan. July : Mar. Feb. : M a r .: Jan. Feb. : Jan. M ay June June June Jan. Jan. Dec. : Dec. I Dec. I Dec. I Oct. Oct. 15 N o v .25 1^ 0 Dec. 3ft• Dec. 3D’ June 25Nov. 26 93M 89 M 93 90 99M 101 Aug. *• Dec. 17 Sept. 30* Aug. II Oct. 9 June 13'- 14 [Vol. 120, BONDS—STOCK EXCHANGE RECORD BONDS N. Y . STOCK EXCHANGE. Sales in Sales in Jg-S January 1924. S Par Value. (12 Months) F oreign G ov’t Securities—•Concl. ) ( Japanese Govt sterling In 4s-_1931 J J Ext s f 6M s-------------------------1954 F A Oriental Development 6s____ 1953 M S Lyons (City of) 15-year 6s____ 1934 M N Marseilles (City) 15-yr 6s_____1934 M N Mexican Irrig 4 Ms____________1943 B* Assenting s f 4 Ms---------------- 1943 Mexico (U S) extl 5s o f 1899£--1945 Q J Assenting 5s o f 1899________ 1945 Assenting 5s large_________ Assenting 5s small________ Gold debt 4s o f 1904________ 1954 J D Assenting 4s of 1904_______ Assenting 4s o f 1904 large-Assenting 4s o f 1904 small-. Assenting 4s o f 1910_______ Assenting 4s o f 1910 larg9-_ Assenting 4s o f 1910 sm all.. Treas 6s o f 1913 assent (large) ’33 J J Small________________________ Montevideo s f g 7s__________ 1952 J D Netherlands s f 6s Flat ________ 1972 M S § 30-yr ext s f 8s temp_______ 1954 ► Norway ext s f 8s_____________1940 20 yr extl s f 6s_____________1943 20-yr extl s f 6s ctfs________ 1944 30-yr ext) s f 6s_____________1952 Panama (Rep) 30-yr s f 5MS--1953 Peru (Rep) extl 8s temp______ 1944 Poland (Rep of) g 6s-------------- 1940 Porto Alegre (City of) 8s______ 1962 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 El Salvador (Rep) 8s_________ 1948 J J San Paulo (City) s f 8s_______ 1952 M N San Paulo (State) ext s f 8s__ 1936 J J Seine Dept (France) 20-yr 7s__1942 J J Serbs, Croats & Slovenes 8s_ 1962 M Ni _ Soissons (City) 15-yr g 6s_____ 1936 M N Sweden (Kingd) 20-yr 6s______ 1939 J D Extl g 5Ms interim ctf_ ___ 1954 M N _ Swiss Confederation s f 8s_____ 1940 J J Switzerland (Govt) ext 5M s___1946 A O Tokyo City loan o f 1912 5s________ M S Trondhjem (City) ext 6 Ms____ 1944 J J Uruguay (Rep) external 8s____ 1946 F A Zurich (City of) s f 8s________ 1945. A O 397.000 1.827.000 192.000 24.000 248.000 50.000 8,000 2,000 584.000 77.000 20.000 152.000 110.000 1,000 2,000 6,000 616,000 1.246.000 131.000 216.000 95.000 696.000 1.154.000 127.000 663.000 1.199.000 269.000 18.000 447.000 122.000 80,000 83.000 153.000 95.000 147.000 224.000 213.000 110.000 99.000 145.000 424.000 645.000 91,non 233.000 1.159.000 128.000 764.000 190.000 183.000 112.000 76.000 10.865.000 25.979.000 5.509.000 5.454.000 9.273.000 P R IC E S I N Jan. 2. Bid. 82 M 90 M 81M 85 84 8,000 18 28,000 489,000 39 33 M 219,000 80,000 188,000 22 17,000 1,859 ,000 6.162 ,000 4,878 ,000 3,018 ,000 8,182 000 3,267 ,000 4.066 000 1,678 ,000 8 ,000 21 ,000 459 ,000 1,448 ,000 2.067 ,000 2,122 ,000 2,286 ,000 9,872 ,000 862 ,000 1.794 ,000 1,158 ,000 2,569 ,000 8,371 ,000 21,146 ,000 2,315 ,nen 2.845 ,000 1.684 ,000 2,886 ,000 15,844 ,000 1,199 ,000 523 ,000 1,069 ,000 878 ,000 89 104 100 M 112 % 98 M 98 97 M 100 % 99 M 73 94 M 109M 101M 94 M 94 M 93 100 H 103 M 99 M 101 90 86 M 85 104M 98 Vs 116M 100 M 66 M 97 M 106 M 110 H Jan. 31. Ask Bid. Ask. Highest. Sale Prices Sale P rices. 82 Jan. 10 83 Jan. 90M Jan. 2 91 % Jan. 84 Jan. 2 86 % Jan. 85 Jan. 2 86 M Jan. 84 Jan. 2 85% Jan. 21 Jan. 12 24 Jan. 23 Jan. 19 24 Jan. 45 M Jan. 20 45M Jan. Sale Jan. 32 M Jan. 5 41 Sale' 37M Jan. 17 40 Jan. 35 Jan. 10 35 % Jan. 22 Jan. 9 25 Jan. 23 24 19 % Jan. 5 24 M Jan. 20 24 M 26M Jan. 12 26M Jan. 21M Jan. 9 28M Jan. 23 M 29M 29 M 23 Jan. 23 24 Jan. 29 Sale 22M Jan.- 3 30 % Jan. 21 % Jan. 9 28 M Jan. Sale 26 Jan. 40 M 42 M 36M Jan. 8 43 Jan. 90 M 90 M 36 Jan. 3 43 88 Jan. 10 90 % Jan. Sale 90 M Sale Sale 10,5 X Sale 104 Jan. 2 105 M Jan. Sale 102% Sale 100M Jan. 2 103 Jan. Sale 111M 111M H IM Jan. 30 113 M Jan. Sale 100 Sale 97 M Jan. 3 100M Jan. 97 M Jan. 2, 100 Jan. Sale 100 Sale 99 % Sale Sale 97M Jan. 2 100 Jan. Sale. 101% Sale 100 M Jan. 2 101M Jan. Sale 102 M Sale 99M Jan. 2 102 % Jan. 72 Jan. 14 77 Jan. Sale 76 Sale 94M Jan. 6 96 M Jan. | 94 H Sale Sale 110 110M 109 Jan. 8 110 Jan. Sale 103M 104 101M Jan. 2 103 % Jna. 95 95 96 M 94M Jan. 5 97M Jan. 94 Jan. 3 97M Jan. Sale Sale 95 93 Jan. 2 94M Jan. Sale 93 M Sale Sale 100M Jan. 3 102 Jan. 100M 102 Sale 103 M Sale 103 Jan. 16 103M Jan. Sale Sale 99 98M Jan. 30 101 Jan. Sale 103 Sale 100M Jan. 2 103 Jna. 89 H Jan. 2 91 Sale Jan. 90 M Sale Sale Sale 85M Jan. 10 88M Jan. 86 84 Sale 81M 83 M Jan. 26 8 5 H Jan. Sale 103% Jan. 3 104M Jan. Sale 104 98 M Jan. 5 100M Jan. Sale 99 H Sale Sale 115 % Sale 115M Jan. 31 117 Jan. 98M Jan. 2 102M Jan. Sale 101M Sale Sale 66M Jan. 6 67M Jan. 67 M Sale 97 Jan. 2 99 Jan. Sale Sale 99 Sale 106M Jan. 13 108 Jan. Sale 108 Sale 110 111M 110 Jan. 3 1HM Jan. Sale Sale Sale Sale Sale 20 82 M 91M 84 85 M 84M Sale Sale 85 M 85 M 85 Lowest. Lowest. R ailroad Bonds Ala Gt Sou 1st cons 5s A ______1943 J D 101 Jan. 16,000 164.000 100M 102 100M Ala Midland 1st gu g 5s_______ 1928 M N _____ 101 101M 101 Jan. 1,000 36.000 101 Alb & Susq conv 3 Mis________ 1946 A O 82M Jan. 14,000 244.000 82 M 82 M 82 M Allegh & West 1st g gu 4s_____1998 A O 81 % 81M 37.000 83 M 85 Alleg Valley gen gu g 4s_______ 1942 M S 91 92 2,000 91M 91 Jan. 128.000 91 Ann Arbor 1st g 4s_______ July 1995 Q J 64 Jan. Sale 64 % 65 38.000 876.000 64 Atch Top & S F gen g 4s______1995 A O Sale 88M Jan. 89 7.672.000 88 M Sale 618,000 Registered_________________ 1995 A O 95.000 Adjustment g 4s_______ July 1995 N o v Sale 81M Jan. 20,000 82 M 82 445.000 82 Registered---------------- July 1995 N ov 26.000 7 9 M ------- 7 9 M ____ Stamped------------------- July 1995 M N 82 % Jan. 82 M Sale 189.000 4.490.000 82 H Sale Conv g 4s o f 1909__________ 1955 J D 81 % Jan. 13.000 103,000' 81 M 82 M 84 M Sale Conv g 4s o f 1905__________ 1955 J D 141.000 432.000 81 % Sale 82 M 83 M 81 M Jan. Conv g 4s o f 1910------------ ..I9 6 0 J D 84 1,000 86 M 81M Jan. 30,000 80 M East Okla div 1st g 4s_____ 1928 M S 98 H 99 % 98 Jan. 28.000 398.000 97 M 99 Rocky M t div 1st 4s A ____ 1965 312.000 83 M 84 M 83% Short Line 1st 4s gold______1958 86 Jan. Sale 35.000 682.000 86 87 M 86 Cal-Ariz 1st & ref 4M s____ 1962 M S 92 y8 93 % Sale 92M Jan. 45.000 503,000 92 Registered___________________ M S 88% 91 % Jan. 3,000 88 M A tl Knox & Cin div g 4s_____ 1955 M N 88 % Jan. 13.000 663,000 88 M 89 M 88% 90 Atl Knox &' No 1st g 5s_____ 1946 J D 20,000 101M _____ 101 M ______ At) & Char A L 1st 4 Mis A ____1944 J J 10,000 141,0001 96 M 96 M 94 % 96 M 96M Jan. 1st 30-year 5s ser B ________1944 J J 58.000 102M 102 Jan. 606.000 102 M 102 M 102 89 Jan. Atl Coast L 1st cons 4s___ July 1952 jM S 145.000 2,032,0001 89 M 89M 89 M Sale 10-year secured 7s_________ 1930 M N 58.000 991.000 107 M Sale 106M 107 M 106M Jan. General unified 4M s________1964J D 83.000 1,127,000; 91 91 M 91 H 91M 90 % Jan. L & N collat gold 4s_____Oct 1952|MN 86 % Jan. 247.000 2,123,000 86 86M 86 % Sale Atl & Danville 1st g 4s________1948 J J 76 % Jan. 77 76 M 77 34.000 547.000 76M “ Second 4s____________________ 1948'J J 62M Jan. 6,000 63 M 66 110.000 62 M 63 75 Jan. Atl & Yadkin 1st gu g 4s______1949 A O 77 M 75 M 77 272.000 74 1,000 Austin & N W 1st g 5s________1041' J J 98 M ------7,000 98 M 99 99 % Jan. 99 % 100 Balt & Ohio p i g 3M s________ 1925 J Sale 72.000 9.676.000 99 Registered_____________________ Q 1 , 000 . 99 M _____ 99M Jan. 13.5.000 99 % 100 85M Jan. 1st g 4s________________July 1948 A 86 H Sale 416.000 6,0,58,000 86 M Sale Registered____________________ |Q _____ 8 5M Jan. 6,000 116.000 84 % 85M 86 Convert 4 Ms______________ 1933 M 89M Jan. 90 M Sale 1.056.000 4.583.000 89 M Sale Refund & gen 5s ser A ______1995 J 85M Jan. 89 M Sale 556.000 6.609.000 85 Vi Sale 1st gold 5s int ctfs_________ 1948 A 1.623.000 2.618.000 100M Sale 100 M Sale 100 Jan. 10-year 6s--------------------------- 1929 J 681.000 7.307.000 103M Sale 103M Sale 102 M Jan. Sale 100M Jan. R ef and gen 6s, series C ____1995 J 957.000 3.828.000 101M Sale 102 Pitts Jet & M D 1st g 3Ms__1925 M N 99 % 100 5.000 99M Jan. 713.000 99 % 100 P L E & W Va Sys ref g 4s__l941 M N 81% 84 H 83% Jan. 144.000 2,888,000: 83% Sale 99M Jan. S W Div 1st g 3 K s -_ -...-_ 1 9 2 5 J J 99 M 100 155.000 4.771.000 99M Sale T ol Cin Div 1st & ref 4s___ 1959.J 175.000 1.897.000, 68M 69 % 68 % 69 M 68 M Jan. Battle Creek & Sturgis gu 3 s .-1989 J 60M Jan. 1.000 4,000 58 % 60 M Beech Creek 1st gu 4s________ 1936 92M Jan. 18.000 84.000 92 M 93 M 92 M 94 85 Jan. Big Sandy Ry 1st 4s__________ 1944 86 85 86 3,000 95.0001 85 Boston & N Y Air Line 1st 4s._1955 63,000 537.000 65 Vs 67 M 67 H 69 M 67 Jan. Brunsw & W 1st gu g 4s______ 1938 91 % 93 23.0001 91M 93 B uff Roch & Pitts gen 5s__________ M S 130.000 102 ------- 102M 103 102M Jan. 1,000 87 M Sale 87 M Jan. Consol 4M s_l.:------------------ 1957 M N 256.000 3,160.000! 88M Sale Burl Ced Rap & Nor 1st 5s___ 1934 47,000' 330.000 99M 100M 99 M 100M 99 H Jan. Canada Sou con gu 5s________ 1962 Sale 100M Jan. 64.000 1.131.000 100M 100 M 101 Canadian No deb s f 7s_______ 1940 221.000 2.651,C00 115M Sale 116M Sale 115 Jan. 25-year deb s f 6Ms g ______ 1946 269.000 2.738.000. 116m Sale 117M Sale 115M Jan. 79 Jan. 79 % Sale Canadian Pac 4 % deb stock 733.000 10,131.000 79M Sale Carb & Shaw 1st g 4s_________ 1932 M S 1,000 10,000 92 94 92 M ------- 93 Jan. Jan. 81 _____ 31 Caro Cent 1st cons g 4s_______ 1949 J J 25.000 108.000 82 84 Caro Clinch & Ohio 1st 5s_____1938 D 91.000 2.395.000 100M 101M 100M 101M 100M Jan. D 1st & con g 6s series A ______ 1952 380.000 5,008,000|106M Sale 106 M 106M 105M Jan. D Cart & Ad 1st gu g 4s________ 1981 4.000 51.000 82% 85 % 82 M ------- 84 Jan. Cent Br Un Pac 1st g 4s______ 1948 D 11.000 171,005 74% 75 % 74 % 75M 74 % Jan. Sale 64M Jan. Cent N E 1st guar 4s__ _____ 1961 J J _ 159.000 890.000 64 64 M 66 C O Reorg 1st con g 4M s------- 1930 M S 1.000 2,000 96 % 99 M 96 M 99 M 97M Jan. Cent o f Ga Ry 1st g 5s____N ov 1945 F A 101M Sale 101 % Jan. 6,000 102.000 101M 100 Sale 99M Jan. Consol gold 5s______________ 1945 M N 62,000 939.000 99 M 100 97 M 97 Registered_______________ 1945 M N 15.000 96 M 99 103 Jan. 10-yr 6% secured bonds___ 1929 J D 187.000 1.285.000 103 ./Sale 100M 101 99 Jan. Sale 100 % Sale 194.000 R ef & gen 5 Ms series B temp_1959 A O 252.000 99 84 87 Chat Div pur money g 4s_ 1951 J D _ -----22.000 83 99M Jan. M ac & Nor Div 1st g 5s___ 1946 J J 12,000 27.000 98 M -----99 M -----100 ----M obile Div 1st g 5s-------------1946 J J 12.000 100 96 Oen RR & Bkg of Ga col g 5s-_1937 M N 95 M 97 M 95 Jan. 98.000 364.000 95 Sale 107 M Sale 107M Jan. Central o f N J gen g 5s----------- 1987 J J 52.000 646.000 108 f* Registered____________ 106M 107 106 % Jan. 8,000 270.000 106M 87% Jan. 88 % Sale Cent Pac 1st ref gu g 4s----------- 1949 363,000 4.345.000 87 % Sale M tg gu g 3 Ms-------------- Aug 1929 11.000 556.000 95 M Sale 95 M ------- 95M Jan. Through St L 1st gu g 4s___ 1954 86M Jan. 30.000 316.000 86 M 86M 86 M 87 Charles & Sav 1st g 7s-------------1936 1,000 4.000 11 6M ------- 1 1 7 M ------- 117M Jan. Cnes & O gen fnd & imp 5s___ 1929 102M 99M Jan. 41.000 446.000 99 M ------- 102 1st cons gold 5s------------------ 1939 M N 59.000 753.000 102 M ------- 102 % Sale 101 % Jan. Registered_______________ 1939 M N 9.000 100 M 101M 87M Jan. 88 M Sale 239.000 General gold 4 Ms___________1992 3.079.000 88 M Sale 26,000 Registered-------- --------------------17.000 85 M Sale 86 H ------- 85 M Jan. Convertible 4 Ms------------------1930 94 M Jan. Sale 96 M Sale 805.000 10.676.000 95 Conv secured 5s____________1946 4,966,000 30.383.000 106M Sale 107M Sale 106 Jan. Registered--------------- - --------11.000 ___________ Craig Valley 1st g 5s------— 1940 99 100M 97M Jan. 4,000 55,000' 97 M Sale R A N G E FOR Y E A R 1924- JA N U A R Y. 13 23 21 6 7 20 21 29 30 12 21 21 30 22 31 13 26 19 22 5 30 10 11 19 17 19 21 24 15 2 5 9 31 2 5 4 2 5 26 27 31 29 16 24 101M Jan. 26 101 Jan. 7 83M Jan. 91 Jan. 65 Jan. 89M Jan. 82M Jan. 21 83 H 84 % 82 M 81M 99 Jan. Jan. Jan. Jan. Jan. 87M 94 91 % 89M Jan. Jan. Jan. Jan. Highest. Sale Prices. Sale Prices. 75% June 9 84 Aug. 30 88 M 81 72M 72M 29 June June Jan. Jan. Mar. 20 Aug. 13 3 15 15 28 93 90M 91 91 29 23 12 8 8 28 4 51 M Feb. 21 17M Nov. 7 30 8 5 M M ir. 89 M Apr. 98 July 109M F ib. 91 M Mar. 92 M F ib. 97 D ic. 95 M ir. 99M Dec. 73 Dec. 92 Jan. 104 M Jan. 99M M iy 92 Jan. 87M Jan. 87 Jan. 98 Aug. 100 Jan. 90 M July 94M July 79 Jan. 63 M Jan. 76 Jan. 101 M M ay 98 M D ie. H IM M ay 94 % M ay 59M June 96 Sept. 102 Jan. 10JM M ay Feb. Jan. Aug. Aug. Mar. M ay 7 June 30 Dec. 31 N ov. 5 Sapt. 24 Sept. 8 Aug. 30 N ov. 6 N ov. 13 99% Dec. 31 Dec. 22 99 June 25 110M S ipt. 23 104 Aug. 28 99 June 28 99M July 1 97 M June 30 s *101 M Dec. 8 104 M Aug. 27 101 % July 3 103 June 23 97 M Aug. 7 90 M Aug. 19 28 89 M Aug. 7 14 106 M Sept. 5 Dec. 23 30 100 8 118 Jan. 24 28 101M Dec. 1 Dec. 31 10 67 24 98 H Nov. 8 11 106 M Dec. 30 8 113 M N ov. 12 93 104 103 113M 99 M 99 M 99 101 % Dec. 22 95 M Jan. 28 101 Sept. 24 98 '4 Jan. 8 102 »y \ 78% Feb. 25 83 M Dec. 29 80 88 % 57 86 85 79M 79 M 79 M 80 H 80% 80 % 95M 80 83 M 90M Mar. Feb. Mar. Feb. Feb. Mar. N ov. Jan. Sept. Sept. Dac. Jan. Jan. Feb. Mar. 1 29 4 20 27 14 24 2 11 11 26 25 12 26 11 84 93 65 M 91M 90 85M 80 85 85 85 83 M 99 M 85 M 89 95 June Oct. N ov. Nov. N ov. Dec. Dec. July June June Sept. Oct. July N ov. Sept. 20 30 8 7 7 12 13 30 12 26 8 24 17 7 25 83 % M ir. 1 90 July 16 99 M ir. 31 103 Aug. 2 91 % Mar. 28 98 % Nov. 17 98 Jan. 16 102 % Nov. 5 86M Feb. 27 l 93 M Aug. 5 106 % Jan. 7 108 % June 19 85 M Feb. 16 93M Oct. 4 81 % Mar. 7 87 M Nov. 7 72 Mar. 25 80 M July 7 62M Dec. 24 69M Jan. 24 Jan. 24 72M Mar. 14 81 96 M June 11 100 M Aug 11 2 100 Jan. 98 M Jan. 9 100 M Aug. 13 24' 99M Jan. 96 Feb. 26 100 M Aug. 13 89M N ov. 14 2 87 % Jan. 81M Jan. 83 % Sapt. 5 80 Jan. 6 86M Jan. 90 M Nov. 10 7i 90 M Jan. 82M Jan. 2 89M Jan. 83 Jan. 89M Sept. 26 5 101 Jan. 101 N ov. 29 99M Oct. 103M Sept. 9 3 103M Jan. 100M Jan. 2 102 Jan. 100 Aug. 14 103 M Dec. 31 14 99 H Jan. Oct. 7 1 9 5M Jan. 5 100 2 85M Jan. N ov. 8 1 79 Jan. 10 85 July 15 2 100M Jan. •96 M Jan. 2 100 June 12 7, 69M Jan. 66 M M ay 7 70 Aug. 30 29 60M Jan. 58 M ir. 22 62 9 92M Jan. 90 Apr. 3 93 M June 17 9 85 Jan. 85 Dec. 9 80M Feb. 10 68 Jan. 61 Jan. 69 M July 16 92 M N ov. 21 88M M ir. 102 M Jan. 103 Aug. 19 99 % Jan. 86 % Dec. 88 M Jan. 90 M July 24 100 M Jan. 101 Oct. 28 95M Jan. 102 Aug. 9 101 M Jan. 97M Jan. Ill M ir. 15 117M Dec. 4 116M Jan. 110M Mar. 10 117M Sapt. 24 117M Jan. 80 Jan. 78M Oct. 25 88M Aug. 30 93 Jan. Sept. 24 90 Jin . 15 94 83 M Jan. Nov. 11 70M Mar. 7 83 101 % Jan. 92M Feb. 20 101 % Dec. 19 96 Jan. 3 108 M Dec. 12 107M Jan. 81 Jan. 81 Jan. 14 83M Sept. 20 Nov. 29 67 Jan. 4 76 75M Jan. 67 Jan. 50M Jan. 4 67 Nov. 10 96 M ay 12 97M July 22 97 X Jan. 101 % Jan. 98M June 5 103 M Aug. 28 95M Jan. 8 101M June 10 100M Jan. 92 % Apr. 24 99 Sapt. 26 100 Jan. 2 104 Aug. 13 104 Jan. Jan. 101 96 M ay 7 100 June 14 Oct. 31 78 M M ay 10 84 Dec. 17 5 100 Jan. 12 95 % Jan. 29 100 96 K Jan. 23 100 Oct. 28 96 Jan. 91 M Jan. 17 99 M Dec. 13 103 M Jan. 10 108 M Dec. 16 108M Jan. 106 % Jan. 102M Mar. 12 107M Sept. 29 85 Fab. 13 89 July 9 88 M Jan. 91 Feb. 26 96M Sept. 24 95M Jan. 87 Jan. Sept. 12 82 Jan. 24 87 115M Jan. 29 115M Feb. 20 117M Jan. 97 Jan. 14 101M July 22 100M Jan. 103M Jan. Aug. 13 99 M June 9 103 98 Apr. 12 101 N ov. 19 89M Jan. 84M Jan. 7 90 July 24 82 Jan. 11 86 M Oct. 23 87M Jan. 88M Jan. 3 96 M Oct. 24 96M Jan. 88 % Jan. 2 109 Dec. 12 109M Jan. 95 % Oct. 23 102 Dec. 4 2l 99M Jan. 8 92 M Jan. 27' 99M N ov. 19 7 96M Jan. 28 102 M Jan. 27I/90M Jan. 9 107M Jan. 91M Jan. 87 M Jan. 77M Jan. 63 Jan. 75 Jan. Feb., 1925.] 15 BONDS—STOCK EXCHANGE RECORD Sales in Sales in January 1921. Par Value. (12 Months) BONDS N. Y. STOCK EXCHANGE. R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. Jan. 31. Lowest. Highest. Lowest. Highest. Ches & Ohio (Concluded)—• Bid. Sale Prices. Ask. Sale Prices Sale Prices. Sale Prices. Potts Creek Br 1st 4s_______ 1946 J J 29.000 81 3.000 Mar. 5 83 4 Dec. 3 7934 82 34 82 > Jan. 29 83 Jan. 8 78 R & A Div 1st con g 4s______1989 J J 16,000 175.000 8314 8334 Jan. 14 84 Jan. 28 7934 Mar. 28 85 Oct. 25 83 34 84 R & A Div 2d con gold 4s___ 1989 J J 1.000 48.000 78 80 Jan. 27 76 Jan. 2 8834 June 4 78 34 8234 80 Jan. _ Warm Spring Val 1st g 5s_ 1941 M S 11.000 9654 98 34 96 34 12,000 9734 Jan. 16 95 June 12 95 June 12 9734 Jan. Chic & Alt RR ref g 3s________ 1949 A O 1.849.000 6234 Sale 329.000 65 Jan. 30 56 Jan. 5 63 34 July 23 6234 6434 62 Jan. Ctfs o f dep stmpd Oct '24 int____ 55.000 5 8 5 4 -----12,000 61 Nov. 11 5934 Jan. 26 5334 Jan. 58 34 Jan. 59 34 Ctfs of d3p stmpd Apr '24 int____ 147.000 17.000 60 July 22 6034 6234 6034 Jan. 27 6034 Jan. 27 57 Apr. _ Chic & Alt Ry 1st lien g 3 34s_ 1950 J J 7.962.000 45 34 Sale 547.000 4534 Jan. 15 49 Jan. 31 3034 Jan. 4834 Nov. 10 4834 Sale Ctfs dep coup Jan 1923 on ______| _ 87,000, 453-4 Sale 27.000 45 Jan. 16 48 Jan. 31 31 34 Jan. 48 Sale 46 34 Nov. 26 Chic Burl & Q 111 Div 334 s____ 1949 J J 709.000 8134 Sale 79.000 8134 Jan. 6 8334 Jan. 14 7834 Mar. 8134 82 8334 July 10 Registered_______________19491J J 26.000 8034 8134 8034 -----78 Mar. 12 81 Sept. 17 Illinois Division 4s_________ 1949'J J 101,000 885.000, 88 34 Sale Jan. 8 86 Jan. 26 9134 July 16 8834 Jan. 2 91 9034 Sale Nebraska Extension 4s______1927 M N 778.0001 99 34 Sale 84.000 99 Jan. 14 9934 Jan. 2 96 Jan 3,10134 Oct. 24 9934 100 General 4s_________________ 1958 M S 125.000 Sale 88 34 Jan. 7 8934 Jan. 12 85 2,068.000, 8734 8834 89 Mar. l! 9034 July 23 1st & ref 5s Ser A ___________ 1971 |F A 364.000 4.033.000 10134 Sale 10134 Sale 10034 Jan. 9 10234 Jan. 27 9634 Mar. 18 102 34 Oct. 9 Chicago City & Conn R y 5s____1927|A O 555.000 55 113.000 56 Sept. 2j 5634 Dec. 10 5434 5634 55 Jan. 9 58 Jan. 23 47 Chic & E 111 1st cons g 6s______1934 A O 1,000 33.000 10634 _____ 107 10734 10534 Jan. 23 10534 Jan. 23 10434 Jan. 8 10734 Dec. 9 _ Chic & E 111 (new co) gen 5s_ 1951 |M N 2,644,000 11,116,000 7534 Sale 74 34 Jan. 5 78 Jan. 31 69 54 June 3 1 7834 Feb. 5 7734 Sale Chic & Erie 1st gold 5s________ 1982 M N 1.211.000 9934 ------- 100 Sale 9934 Jan. 3 100 Jan. 10 9134 Feb. 29,100 Oct. 8 37.000 Chic Gt West 1st 50-yr 4s_____1959 M S 149.000 10,679,000’ 60 Sale 63 Sale 5934 Jan. 5 63 Jan. 31 50 Jan. 3 6234 Nov. 21 25.000 Chic Ind & Lou ref g 6s_______ 19471J J Jan. 29 10534 Jan. 24 111 108.000 10934 111 Sept. 29 11034 ------- 10934 Jan. 23 111 79 34 Jan. 9 9934 Jan. 6 9534 Jan. 9,100 90.000 99 34 100 9.000 Refunding gold 5s__________ 1947 .1 J Oct. 25 9954 100 5.C00; Refunding 4s Series C ______ 1947|J J 34.000 8554 87 86 87 8534 Jan. 14 86 34 Jan. 20 8154 Mar. 28 85 34 Aug. 6 1st & general 5s Ser A _______ 1966!M N 28.000 402.000 8734 Sale 87 8834 8734 Jan. 20 8834 Jan. 27 8134 Jan. 2 87 34 Sept. 12 1st & gen 6s Ser B _____M ay 1968'J J 73,000 870.000 10134 10234 103 Sale 10134 Jan. 14 10334 Jan. 29 9534 Jan. 7 10234 Aug. 9 8 , 0 00 ' 144.000 77 78 Ind & Louisv 1st gu 4s______ 1956 J J Mar. 18 8434 June 25 7734 78 34 7734 Jan. 23 78 34 Jan. 15 71 Chic Ind & Sou 50-yr 4s______ 1956 J J 118.000 8634 ------- 8634 8734 8634 Jan. 7 8634 Jan. 7 83 2 , 000, Jan. 23 88 July 14 Chic L S & East 1st 434s______ 1969 J D 47.000 92 34 95 Sept. 4 8134 July 31 93 9234 94 34 C M & Puget Sd 1st gen 4s____1949 J J Sale 2.715.000 5434 5634 54 119.000 48 Oct. 6 6054 Apr. 7 5734 Jan. 5334 Jan. 158.000 Chic M il & St P gen g 4s _M ay 1989 J 74 Jan. 2,214,000! 7334 Sale 71 34 Jan. 75 34 July 26 7034 Jan. 7134 72 Gen g 3 34s Ser B ______ M ay 1989 J 15.000 64 Jan. 208.000 63 34 64 63 34 Jan. 63 34 64 6134 Oct. 6534 M ay 3 Gen 434 s Ser C _______ M ay 1989 J 1,408,000; 8234 Sale 130.000 78 Jan. 84 July 26 8034 Sale 8034 Jan. 8234 Jan. Gen & ref Ser A 434s___Jan 2014 A Sale 54 Jan. 51 Sale 808.000 10,278,000' 53 5934 Apr. 4 5034 Jan. 4834 Oct. Sale Gen ref conv Ser B 5s__Jan 2014 F 7,498.000! 57 527.000 5834 Jan. 6234 Apr. 4 55 5534 5434 Jan. 5234 Oct. 1st sec gold 6s_________ 1934 J 99 Jan. 446.000 July 23 779.000 9934 Sale 10034 Jan. 9934 Sale 96 34 Sept. 12 101 Convertible 434 s_______ 1932 J 1.741.000 13.026.000 5934 Sale 5534 Jan. 17 6034 Jan. 5634 Sale 5134 Oct. 6 66 Apr. 4 4s ------------1925 J 3.733.000 41.034.000 7634 Sale 63 Oct. 7134 Jan. 31 78 34 Jan. 7134 Sale 8634 Mar. 27 4s---------------------------1934 J 5.891.000 5434 Sale 560.000 Jan. 29 5634 Jan. 60 Nov. 24 4834 Oct. 5134 5234 51 Ch & M o Riv Div 5s____1926 J 34.000 100 June 30 517.0001 9534 9634 9634 97 9534 Jan. 16 97 Jan. 96 Jan. Ch & N W extens 4s_____ 1886-1926 288.0001 99 34 99 34 99 34 ------- 9934 Jan. 6 10034 Jan. 46.000 100 June 26 9654 Jan. 13.000 Registered__________1886-1926 96 Jan. 143,000; 97 3 9834 9834 9934 98 34 Jan. 20 98 34 Jan. 9934 Nov. 14 General gold 334 s___________1987 M N 355,000; 73 34 7534 74 4.000 76 July 26 7434 73 34 Jan. 7 7434 Jan. 6954 Jan. General 4s_________________ 1987 M N 77.000 633,000! 83 34 83 34 8534 Sale 8334 Jan. 22 86 Jan. 29 7934 Mar. 26 8634 Aug. 1 Stamped non-payt inc tax. 1987 M N Aug. 4 262,000 83 34 85 10.000 83 34 8434 84 Jan. 30 85 Jan. 6 7954 Jan. 9 86 General 5s stamped________ 1987 M N Jan. 23 10534 July 26 435.000, 103 34 10434 10234 Sale 10254 Jan. 31 10454 Jan. 8 99 44.000 ___ Sinking fund 6 s .............1879-1929 A O 8.000 10434 Sale 10434 Jan. 22 10434 Jan. 31 99 Jan. 14 105 Oct. 1 39.000 10434 R egistered..................1879-1929 A O 3.000 104 Sale 104 Jan. 31 104 Jan. 31 101 Jan. 8 104 June 17 30.000 103 34 Sinking fund 5s_______ 1879-1929 A O 10.000 177.000 ------- ------- 10034 ......... 10034 Jan. 5'10034 Jan. 30 9634 Mar. 5 10034 N ov. 14 10034 Registered_________ 1879-1929 A O 2.000 65.000 9934 ------- 99 10034 Jan. 30 10034 Jan. 30 96 Jan. 8 10434 Aug. 19 Sinking fund deb 5s________ 1933 M N 316.000 10034 Sale 10034 l02‘ 10034 Jan. 2 10134 Jan. 20 9754 Apr. 12 102 June 16 31,000 Registered_______________ 1933 M N 68.000 99 34 ------- QQ 98 34 M ay 1 10734 Aug. 6 10-year secured 7s__________ 1930 J D 116,000 1.100.000 10734 108 108 34 Sale' 105 Jan. 22 108 54 Jan. 27 10434 Jan. 22 10934 Nov. 10 15-year secured 6 34s________ 1936 M S 112 Sale 11154 Jan. 5 11234 Jan. 10 10534 Mar. 26 112 N o v .26 64.000 1.179.000 11134 112 1st & ref g 5s_________ M ay 2037 J D Feb. 28 10034 Dec. 30 267.000 5.904.000 10034 Sale 10134 Sale 100 Jan. 5 10154 Jan. 14 92 Chic R I & Pacific gen g 4s____1988 83 Jan. 5 83 34 Jan. 14 7834 Jan. 4 84 July 28 360.000 1.690.000 83 83 34 83 34 Sale Registered_______________ 1988 3.000 145,000; 8134 84 8 1 34 8 2 34 8234 Jan. 7 8234 Jan. 7 7634 Jan. 4 8354 N ov. 13 86 Sale Refunding gold 4s___________1934 2,023,000 18,374,000’ 8334 Sale 8334 Jan. 2 86 Jan. 31 7354 Jan. 2 8554 Nov. 21 Chic St L & N O gold 5s............1951 12.000 289,000; 10034 _____ 10134___ 10134 Jan. 20 103 Jan. 27 99 Jan. 15 10134 N ov. 7 Registered_______________ 1951 1.000 3.000 ------- 10134 10134------ 10134 Jan. 5 10134 Jan. 5 9934 Dec. 31 10054 Aug. 28 Gold 315s.......... 1951 Feb. 19 78 34 Oct. 24 1,000 3.000 7934 ------- 7834 ___ 7954 Jan. 7 7954 Jan. 7 77 Memphis Div 1st g 4s______ 1951 40,000 53.000 84 8534 8534 8534 8434 Jan. 13 8434 Jan. 13 8054 Feb. 4 10054 Aug. 26 Sept. 24 Ch St L & P cons g 5 s __________1932 99 54 June 2 102 43.000 10134------- 10134 103 Chic St P M & Otn cons 6s___ 1930 67.000 559.000 105 10534 105 10634 10454 Jan. 8 10834 Jan. 19 10154 Jan. 7 10634 Dec. 19 Cons 6s reduced to 334s_____ 1930 _____ 9234 9234 8954 Jan. 2 98 34 Mar. 24 21.000 92 Debenture 5s_______________ 1930 M ----- 9654 Jan. 9 9954 Jan. 28 93 54 Apr. 22 9954 N ov. 14 13',666 713,000! 96 9734 99 Stamped_____________________ _ 9834 Dec. 11 9854 Nov. 3 277,000: 9934 9934 98 79 Jan. Chic T H & S’east 1st 5s______ 1960 J _ 7634 Jan. 79.000 2,411,000! 7734 Sale 79 7634 Oct. 7 81 34 June 19 60 Jan. K Income guar 5s--------- Dec 1 1960 M S Sale 75.000 520.000 5734 Sept. 25 6434 Dec. 2 5634 Jan. 60 34 58 Chic UnSta 1st g u 4 3 4 sA ____19631J Sept. 30 92 34 Jan. 183.000 1.480.000 9134 Sale 8954 Feb. 27 94 9234 9234 9154 Jan. 1st 5s Series B ______________19631J Sale 100 Jan. 97 Apr. 15 10254 Nov. 7 107.000 1.754.000 10134 Sale 101 102 34 Jan. 1st 634s Series C ___________ 1963 J 11734 Jan. 73.000 11454 Feb. 21 11834 Aug. 21 1.001.0001 11634 11734 11634 Sale 11634 Jan. Chic & W I gen g 6s______Dec 1932 Q M 65,O O 10534 _____ 10534 _____ O! 10454 June 16 10534 Nov. 11 J Consol 50-year 4s__________ 19521 J 467,000 7634 Jan. 5 7834 Jan. 27 7134 Jan. 4 78 34 Aug. 13 377,600 7634 Sale 7834 Sale 15-year s f 734s------------------- 1935 M S 78.000 593,000! 104 Sale 10234 102 34 102 54 Jan. 28 104 Jan. 2 10134 Jan. 14 104 34 Oct. 8 Choc Okl & G consol 5s______ 1952 M N 9954 Jan. 8 10034 Jan. 30 94 Feb. 21 10034 Oct. 28 42.000 75.000 9934 101 99 34 101 20.000 Cin Ham & Day 2d g 4}^s____ 1937|J J 37.000 9334 94 93 34 9354 Jan. 5 9434 Jan. 6 82 34 July 8 9434 Aug. 30 Cin I St L & O 1st 4s_____Aug 1936' q F 8254 M ay 22 91 Sept. 3 25.000 9034 9234 9134 9234 Registered ----------------- Aug 1936 Q F 1,0 00! 8634 _____ 87 34 9134 Sept. 6 9134 Sept. 6 88 Jan. 3 8634 Jan. 19 89 34 Nov. 11 Cin L & N 1st con gu g 4s____ 1942 M N 12,000 53,000' 87 34 Sale 87 34 8834 8734 Jan. Cin S & Cl cons 1st g 5 s..:____ 1928 J J 13.000 9934 ------- 9954 98 54 Feb. 28 10034 Sept. 23 Clearfield & Mah 1st gu 5s____1943 J J 9654 Aug. 211 9654 Aug. 21 1.000 9834 ------- 98 34 C C C & St L gen g 4s________ 1993 J D June 16 134.000 1.123.000 8334 Sale 8134 8234 8134 Jan. 26 8434 Jan. 22 7854 Jan. 3l 84 96 Jan. 2 97 54 Jan. 23 92 34 Feb. 16 98 34 Oct. 7 20-year debenture 414s_____1931U J Sale 87,000; 743.000 96 9734 98 Gen 5s Series B ____________ 1993 J D 5.0001 171.000, 9834 101 9934 Jan. 6 1015s Jan. 23 9454 June 4 10434 July 27 9934 102 R ef & imp 6s Series A ______ 1929 .T J 200.000 2,822,000' 103 Sale 103 54 Sale 103 Jan. 2 103 54 Jan. 31 10034 Jan. 2 104 July 31 R ef & imp 6s Series C _______1941 J J _____ 10534 Jan. 13 10734 Jan. 2 10154 Feb. 23 10834 M ay 27 37,000 261.000 10734 Sale 106 R ef & imp 5s Ser D ________1963 J J Sale 9434 Jan. 3 96 Jan. 19 94 Aug. 25 9634 June 27 459,000 2.162.000 95 9534 Sale Cairo Div 1st gold 4s_______1939 J J N ov. 6 2,000 44.000 8934 90 34 8934 8934 8934 Jan. 12 8934 Jan. 28 8634 Jan. 9! 91 Cin W & M Div 1st g 4s___ 1991 J J 11,000, 305.000 7934 8034 80 8034 80 Jan. 13 8054 Jan. 24 7734 Feb. 27 8834 July 23 Jan. 29 83 34 Jan. 10 7834 Mar. 6 85 St L Div 1st coll trust g 4 s ..1990 M N Sept. 5 16,000; 311.000 8134 83 8134 82 34 82 Sp & Col Div 1st g 4s_______ 1940 M S 8,000 52.0001 9134 8854 9134 8854 Jan. 5 8834 Jan. 23 85 34 Feb. 13 8834 Dec. 22 W W Val Div 1st g 4s_____ 1940 J J Aug. 12 4.000 17,000, 87 34 8834 87 54 ------- 8754 Jan. 23 87 54 Jan. 8 7934 Sept. 16 87 Olev Col C & Ind 6s________1934 J J 2 , 000! 60,000 107 34 107 54 Jan. 12 107 54 Jan. 12 10434 Feb. 28 109 34 Aug. 26 10754 109 Clev Lor & W con 1st g 5s___ 1933 A O 2.000 82,000 10134 102 10234 102 Jan. 16 102 Jan. 16 97 34 Apr. 14 10134 Nov. 11 Clev & Mar 1st gu 414s_______1935 M N 7,000; 9654 Jan. 20 9654 Jan. 9 8454 Jan. 30 9654 Aug., 21 16,000 9634 Clev & Mahon Val g 5s_______1938 J .T Feb. 28 99 Aug. 6 1,000 17.000 98 34 9854 Jan. 19 9854 Jan. 19 94 99 34 Clev & Pitts gu 434s Ser B ___ 1942iA O 10.000 9734 9454 Apr. 3| 9454 Apr. 3 9754 Series A 434s---------------------- 1942IJ J 97 34 9734 Series D -----------------------------1950IF A 91 83 34 Oct. 1 94 July 24 7.000 83 8054 8654 Clev Short Line 1st gu 434s_ 196l|A O _ 9034 Jan. 9 ! 9754 Aug. 5 9734 Jan. 7 9734 Jan. 19.000 365.000 9734 97 34 Clev Un Term’ls 1st s f 534s..l972!A O Sale 10434 10534 10454 Jan. 14 106 Jan. 62.000 10234 Feb. 26 10654 Nov. 21 1.215.000 106 1st s f g 5s Ser B ----------------- 1973 A O 101 July 29 9934 Jan. 28 10034 Jan. 317.000 99 34 Sale 4.597.000 9934 Sale 9534 Jan. Coal Riv Ry 1st gu 4s________ 1945 J D 80 Jan. 14 8434 Sept. 4 83 34 Jan. 16 8334 Jan. 2,000 174.000 8334 8334 8334 84 Colo & Southern 1st g 4s______1929 F A 92 54 Jan. 8 9834 Sept. 24 206.000 1.810.000 9 6 34 S a l e 97 34 9 8 54 9 6 34 J a n . 7 9 8 3 4 J a n . Refunding & ext 434s_______1935 .M N 9054 Jan. 5 93 Jan. 8034 Jan. 5 9154 Dec. 8 245,000 2.798.000 90 34 Sale 92 54 Sale Col & Hock Val 1st ext g 4s___ 1948 A 8134 Jan. 23 8734 Sept. 27 83.000 8634 _____ 86 34 Col & Tol 1st ext 4s__________ 1955 Nov. 7 8234 Mar. 25 86 19.000 8434 90 8434 Conn & Pas Rivs 1st g 4s______ 1943 1.000 1.000 7834 ,-____ 81 83 34 8154 Jan. 21 8154 Jan. 21 7354 M ay 15 7354 M ay 15 Cuba RR 1st 50-yr 5s g _______ 1952 287.000 8534 Sale 83 34 Jan. 2 8534 Jan. 3 8154 Jan. 2 85 Aug. 13 864.000 83 34 ^ale 1st & refund 734s Ser A ___ 1936 82,000 463.000 102 34 Sale 103 54 104 10234 Jan. 2 106 Jan. 2 10054 Oct. 22 10634 Dec. 18 Cuba North Rys 6s stmpd____1966 Dec. 29 89 Jan. 6 90 Jan. 30 8754 Oct. 29 90 203.000 8954 Sale 467.000 8954 Sale Day & Mich 1st con 4 34s______ 1931 J Del & Hud 4s_________________ 1943 M 10-year convertible 5s______ 1935 A 15-year 534s---------------------- 1937jM 10-year secured 7s__________ 1930 J Den & R G 1st cons g 4s______ 1936 J Consol gold 434s___________ 1936 Improvement gold 5s_______ 1928 First & refunding 5s________ 1955 Registered_________________ Farmers Ln & Tr dep rects for 1st & ref 5s due_ Aug 1 1955 _ Bankers Trust Co ctfs dep Assnt to J'ne 15 '23 agreem’t . ► Stamped_________________ Am Ex Nat Bk ctfs Feb 1922 Am Ex Nat Bk ctfs Aug 1922 Denv.&jRio Gr West 5s_______ 1955 J N O N D J 12,000 313.000 916.000 202.000 39.000 585.000 32.000 562.000 235.000 43.000 9634 1.763.000 8934 2.555.000 103 1.403.000 10134 821.000 108 4.399.000 83 387.000 86 3.441.000 9534 5.774.000 5934 2,000 Sale 89 34 Sale Sale 109 Sale 86 34 Sale Sale 9634 8834 10554 10234 10954 84 87 9654 ------Sale Sale Sale 109 34 Sale 8734 Sale 81.000 3.143.000 60 Sale 47 70 75.000 282.000 10.000 2.207.000 611.000 132,000 38.000 60 5834 56 5554 60 Sale Sale 6034 ------Sale 47 49 ___ 63 7,852,000 5854 Sale 96 8834 10134 101 10834 82 86 95 58 59 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5954 Jan. 58 Jan. 6034 Jan. 9734 90 10634 102 54 110 84 34 8754 27 67 70 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 12 6934 Jan. 7054 Jan. 6034 Jan. 5754 Jan. 28 6634 Jan. 15 9234 83 54 92 54 97 34 10634 6634 72 34 7934 3434 4454 97 9134 103 34 10254 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Mar. Oct. 110 83 54 87 9654 5954 4634 Oct. Nov. Dec. July June Dec. N ov. N ov. Dec. Nov. 15 10 19 24 12 6 19 7 8 7 3434 Mar. 26 6054 Dec. 29 3434 35 34 3834 Mar. Apr. Mar. Jan. 28 24 31 2 59 34 5454 59 34 5934 Dec. Nov. Dec. Dec. 29 28 30 30 16 D 1st gu g 4s Interest Period BONDS N. T . STOCK EXCHANGE. Sales in January Par Value $ 56,000 2,000 1,000 1935 J J .1947 M S 1995 J D .1995 J 1) 81,000 Det River Tunnel 1st 4M s- _ 1961 MN 1941 J J 48,000 .1937 A O 160,000 Dul So Shore & A tl g 5 s ------ .1937 J J 1948 A O 7,000 1938 M S 15,000 .1930 J J 45,000 Cons 1st gold 5s . . - - 1956 M N 5,000 .1941 M N 6,000 El Paso & S W 1st & ref 5s. - .1965 A O 46,000 Erie 1st con extended at 7 % to 1930 M S 370,000 Erie 1st con & prior 4s — - - .1996 J J J J 887,000 lstcon sol gen lien g 4s------ .1996 J J 4,000 J J .1951 F A 182,000 374,000 50_yr conv g 4s Ser A ------- 1953 A O 333,000 Do do Ser B ------- 1953 A O 1953 A () 1,511,000 Gen conv 4s Series D — 62,000 Erie & Jersey 1st s f 6s_ - - - 1955 J J 1940 J J 2,000 .1940 J J Des M & Ft [Vol. 120, BONDS—STOCK EXCHANGE RECOKD .. Det & M ack 1st lien g 4s . . J .T J J J D M S MN MN J J J n .i j A o 2,000 3,000 31,000 561,000 347,000 291,000 Gal H & San Ant M & P 1st 5s.1931 M N 1931 J J 1933 A O Galv Hous & Hend 1st 5s— Genesee Riv RR 1st s f 6s— .1957 .1 J Ga & Ala 1st cons 5s Oct. 1946 .1 .1 Ga Car & Nor 1st gu g 5s. . . 197(1 J J 1946 A () Georgia Midland 1st 3s . . 1924 M N .1942 J D Gr R & I ex 1st gu g 4MS - - 1941 .1 J Grand Trunk o f Can s f 7s— .194(1 A () 15-yr deb g s f 6s guar. _ . 1936 M 8 Grt Nor— Gen 7s Series A — .1936 J J 1st & refund 4 Ms Ser A — .1961 J J J J Gen mtge 5 Ms Ser B ----- 195? J J .1973 J J Gen mtge 5s Ser C 43,000 16,000 36,000 36.000 60,000 10,000 9,000 .1930 Consol gold 5s_ _ - — 1943 1959 Fla East Coast 1st 4H§ .1974 1st & ref 5s ser A Fla Western & Nor 1st 7s------ 1934 Fonda Johnst & Glov 4 Ms— .1952 .1941 Ft Worth & Denver City 5MS.1961 Ft W & Rio Gr 1st g 4 s . ------ 1928 1933 Feb Debenture ctfs B . .1940 M N Gulf & Sh Isld ref 5s______Feb 1952 J J 6,000 102,000 2,000 1,000 165,000 335,000 787,000 73,000 6,000 441,000 652,000 1,000 105,000 1,000 100,000 Sales in 1924. (12 Months ) P R IC E S I N Jan. 2. Bid. $ 557,000 41 93 M 66,000 72 49,000 66 M 1,603,000 91 M 47,000 102 M 307,000 100 M 413,000 87 M Ask. Bid. Sale 40 M Sale 93 M 75 73 74 70 M 67 M 70 M Sale 91M 91M 102 101 100 M Sale 87 89 60,000 42,000 55,000 323,000 287,000 47,000 1,428,000 6,303,000 27,000 13,593,000 20,000 871,000 5,075,000 4,264,000 14,398,000 1,083,000 15,000 7,000 87 M 99 M 99 M 100 M 101 99 M 107 M 70 M 101 Sale 64 Sale 10,000 147,000 300,000 651,000 169,000 799,000 113,000 65,000 177,000 31,000 100 98 M 92 M 93 H 103 64 89 104 n 92 M 108 265,000 109,000 395,000 836,000 189,000 140,000 168,000 24,000 3,000 103,000 2,098,000 2,669,000 10,023,000 1,031,000 100 I 99 M 91 M 100 M 92 M 99 M 64 M 99 M 99M 94 M 115M 106M 109 M 92 M 95 M 65 65 73 M 102 M 84 84 Ask. Sale Sale 87 M 99 M 99 V s 100M 101 99 M 107 M VIM 67 64 M 95 H Sale 66 Sale 65 M Sale 73 M 104 M 101M 84 84 99 98 M 92 % 95 108 H 67 89 Vs 104 M Sale 94 M 109 M 108 99 M 93 M Sale Sale 64 M Sale 100 Sale Sale 69 Sale 96 M Sale Sale Sale 103 100 93 M Sale Sale Sale Sale 95 100 M 96 Sale Sale Sale 93 4,327,000 100M Sale 3,290,000 92 M Sale 75 28,000 69 1,280,000 14M Sale 3,000 86 281,000 97 M 100 101M 93 M 75 M 15 86 98 M Sale Sale 80 Sale 100 Sale 9,000 Harlem R & Pt Ches 1st 4s_. .1954 M N 67,000 Hock Val 1st con g 4Ms — .1999 J J 1999 J J 7,000 Houst & Tex <5 1st g 5s l i t gu -1937U J 55,000 Hous Belt & Ter 1st 5 s ------- . 19371J J .1933 M N 11,000 1933 M N 1,000 .1937 M N 170,000 Hudson & Manhat ser A 5s— .1957 F A 1,037,000 Adjust income 5 s ______Feb 1957 A O 1,558,000 213,000 912,000 11,000 49,000 213,000 93,000 17,000 64,000 8,007,000 8,930,000 80 89 H 83 H 98 M 95 99 M 99 M 92 M 87 68 81M 80 90 89 M 90 100 96 9V M 100 101 100 M 92 M Sale 88 Sale 72 M .1951 J J .1951 J J 32,000 1951 A O 6,000 A O 1,000 .1951 M S 89,000 Collateral trust gold 4s------ .1952 A O 388,000 1st refunding 4s---------------- 1966 M N 1952 J J 9,000 J J 1,000 1953 M N 150,000 Coll tr g 4s L N O & T MN 116,000 Refunding 5s. ----------------- .1955 M N 331,000 15-year secured 5M s--------- -1934'J J 35,000 15-year secured 6M s--------- .1936 J J 1950 J D .1951 J J 2,000 Louisv Div & Ter g 3 Ms— .1953 J J .1951 F A 7,000 St. Lou Div & Term g 3 s .. .1951 J J Gold 3 _________ .1951 J J 47,000 Springf l)iv 1st e 3 Ms_____ .1951 J J 10,000 Western Lines 1st g 4s. — 1951 F A 233,000 Ch St L & N 0 jt 5s A --------- 1963 J D Series B (£100 & £200) _ .1963 J D 9,000 .1950 J J .1965 J J 34,000 1,000 1965 J J 784,000 Internat & Gt Nor 1st 6s . . 1952 J J 1957 Ap 1 3,225,000 Adj m 6s Ser A ___ _ _ 182,000 Int Rys o f Cent Amer 1st 5s. .1972 M N 1938 J D 159,000 Iowa Cent 1st gold 5s — 73,000 1st & ref 5 4s______ _______ .1951 M S 56,000 41,000 27,000 89 81 81 78 57 M 86 M 88M 78 Lowest. Sale Prices. Sale Prices. 39M Jan. 16 4 1 14 Jan. ft 73 ' 2 Jan. 27 73 James F & Clear 1st 4s---------- 1959 J D Kan & M 1st gu g 4s------- --Second 20-year 5s-------------K C Ft S & M con g 6 s ------K C Ft S & M R y ref g 4s----Kan Cltv South 1st g 3 s -----Ref & Imu 5s ______ April Kan City Term 1st 4s. — 35,000 12,000 74,000 487,000 4,000 274,000 316,000 235,000 J 15,000 J J J J J D J 1) M S MN MN 1954 F A 1940 .1 J .1 .1 2003 M N MN 2003 N M 2003 M N 1941 A O A O 32,000 1,000 284,000 271,000 21,000 99,000 22,000 1,000 133,000 10,000 166,000 184,000 3,000 1925 J Lake Sh & M S g 3 M s ____Registered. _ _________ Debenture gold 4s_____— 25-year gold 4s. _ — — Registered Leh Vail Harbor Term 1st 5s_ Leh V (N Y ) 1st gu g 4M s----Leh Val (Pa) gen con g 4s----Gen cons 4M s------------Leh Vail RR gen 5s series-------Registered ------------------------------- 16,000 J J A O J J MN A O A O A O J .1 J J J J A O 1938 1990 1977 1978 1936 1929 1950 1950 1960 1987 1923 1937 .1941 1997 1997 1928 1931 15,000 87 M 100 M 100 101 68 76 M 57 19M 200,000 84 % 83 M Sale 103M 103M 109 M 88 M 70 3 A 76M 69 M 71M 79 78 M 86 M 96 M 92 103 Sale 99 M 65 M 95 M Sale Sale Sale 92 M 100 Sale Sale Sale 61 20 87 M 87 7,000 99 Vs 99 M 178,000 80 82 M 80 M 231,000 100M 100M 98 M * 575,000 102 M 102 '/ 103 4,939,000 80 M Sale 83 M 129,000 98 M 97 M 2,027,000 70 M 70 % 71M Sale 3,522,000 89 89 M Sale 2,376,000 84 85 M 266,000 83 H 83 M 142,000 88 M 88 M 40,000 81M 81M 135,000 100M 101M 100 H 360,000 99 M 100 M 99 H 354,000 95 96 M 95 1,196,000 78 M 79M 78 M 76 Vs 103,000 76 % 77 2,775,000 97 M 98 M 98 M 2,354,000 95 M Sale 96 M 6,000 91 Vs 98M 91M 56,000 100M 101 199,000 96 M 100 96 M 94 18,000 94 M Sale 80 1,004,000 79 80 M 9,000 77 79 M 918,000 87 M 88 H 88 Vs 518,000 99 H Sale 99 M 53,000 99 M 99 % 101 % 99 % 32,000 99 H io Jan. 27 6 2 99 Vs Jan. 5 107 Jan. 26 70 Jan. 21 9 2 100 Jan. 19 107 % Jan. 1ft 71M Jan. 12 2 17 7 12 22 14 7 12 64M Jan. 13 17 16 66 Jan. 31 65M Jan. 31 75 H Jan. 10 103H Jan. 21 12 100M Jan. 63M Jan. 64 ~ Jan. 63 M Jan. 73 M Jan. ld l M Jan. 101 8 81M Jan. 29 6 90M Jan. 30 Sale 99M Jan. 15 100 97 M 96 Jan. 10 98 5 100 M 99 Vs Jan. 16 7 Sale 86M Jan. 2 88 Sale 67H Jan. 13 73 M 101 81M Jan. 23 80M Jan. 15 37M N ov. 10 47M Jan. 31 60 Jan. 14 74 M Dec. 1 22 70 Aug. 30 60 87 M Mar. 1 93 M Aug. 5 16 102 99M 11 101 % N ov. 3 98 Dec. 4 76 Jan. 4 88 84 M 93 98M 97 M 97 M 99 104M 61M 59 M 53 M 53 88 M 54 M 54 M 59 H 89 M 83 M 84 19 89 M Feb. 1 100 M Sept. Feb. 7 100 M Mar. 17 101M N ov. 8 103 Oct. 14 99 M Oct. Feb. 15 109 M Oct. Jan. 2 74 % Aug. Mar. 13 69 Jan. 2 65 H July Mar. 27 59 July 5 95 M Jan. ft 66 July Jan. 29 66 July Jan. 3 77 July Jan. 4 104 N ov. 8 94 12 85 87 Jan. 96M Jan. 2 72 27 Jan. ft 14 3 87 Jan. 3 9 97 Vs Jan. 31 87M Jan. 80 99 M 102 M 80% Jan. 3 80H Jan. 30 100M Jan. 6 103 M Jan. 2 83 M 12 70M Jan. 8 71M 88M Jan. 20 91 84 Jan. 2 85M Jan. 24 Jan. 21 Jan. 3 Jan. 31 17 Jan. 30 Jan. 7 Jan. 31 99M Jan. 5 99 Vs Jan. 20 9 79M Jan. 10 76 Vs Jan. ft 98 Ys Jan. 2 96M Jan. 23 95 Vs Jan. 6 101M Jan. .16 97 Jan. 13 Sale 6 81 Jan. 6 78M Jan. 89 M 88 Jan. 10 89M Jan. Sale 98M Jan. 2 99 M Jan. 101M Jan. 8 102M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 3 93 M 87 ft 75M 10 75 21 94 H 6 92 M 23 91M 26 100 H f 92 % t 13 91 15 76 M 6 78 M 28 85 M 27 99 13 100 M 99 H 27 100 H 100M 14 93 M 5 101 % 5 96 M 7 100 5 69 16 100 M 16 98 M 7 94 M 10 117M 27 107 M 4 110M 7 92 M 3 4 98 5 9 5 101M 95 M 70 16 92 M 98 Oct. Oct. N ov. Dec. Apr. N ov. July Aug. 26 24 24 24 24 12 30 6 4 26 21 26 12 26 Oct. 2 July Sept. Dec. Aug. N ov. 17 36 31 18 i Feb. Aug. Oct. Oct. July July 23 20 10 6 23 29 June 28 July l i Dec. 8 Oct. 2 Dec. 19 Jan. Jan. 12 6 5 87 78 77 H Jan. 99 77 M 95 100M 73 M 94 Vt 67 M 86 81 M 82 61M 60 100M 100M 100 95 96 M 103 70 88 M 105 M 94 M 108 6 24 23 7 23 26 83 M Jan. 84 % Jan. 13 6 2 13 3 11 31 19 17 15 3 23 Jan. 5 Feb. 27 28 Jan. 14 Jan. 5 Jan. 19 87 M Jan. 22 71M Jan. 78M 76M 97 M 95M 95 M 100M 96M 93 79 73 M 83 82 97 90M 95 M 99 M 84 \i 80 M 58 M 3 87 % Jan. *>1 6 16 Jan. 30 100M Jan. 30 Jan. 5 101M Jan. 27 Jan. 2 31 Jan. 2 78 M Jan. 6 Jan. 5 58M Jan. 28 Jan. 23 20M Jan. 7 87M Jan. 21 89M Jan. 1? 9 100M Jan. 12 100M Jan. 99 M 95 M 79 M 77 M Sale Sale 98 % Sale Prices. 60 82 Apr. 84 M Mar. 75 M 78 M 79 M Jan. 78 100 Mar. 100M Jan. 108M Jan. 85 79 M Feb. 74 M Feb. 68 M 70 M Jan. 75 M 75 % 83 M Mar. 94 Mar. 94 M 83 z , 4 99M 96 90 M Jan. 40M Jan. 76 Nov. Dec. 56 15M June 77M Jan. 16 78M Jan. 31 87 M 87 Sale Sale Sale Jan. 19 Jan. 17 20 16 IS Jan. 30 Jan. 30 103M Jan. 26 104M Jan. 14 102 Jan. 20 103 % Jan. 2 109M Jan. 2 I l l Jan. 17 100M Sale 100M Sale 68 77 M 76M Sale 57 20 M 19M 84 100 104 Sale Jan. Highest. Sale Prices. 15 15 97 M 98 % Jan. 13 99 Jan. 6 93 M Jan. 92M Jan. 7 92M Jan. 10 87 M Feb. Oct. 93M Jan. 2 95 Jan. 10 96 102 M Jan. 2 110M Jan. 15 100M Dec. 64M Jan. 3 68M Jan. 12 63 Oct. 83 M 104% Jan. 9 104M Jan. 31 100 M Jan. 92M Jan. 2 96M Jan. 30 84 M Jan. 26 26 105M 100 Jan. 21 100M Jan. 20 95 M Feb. 7 100M Jan. 23 96 M 90M Jan. 8 92M Jan. 30 89 M Jan. 100M Jan. 5 102M Jan. 23 90 Jan. 93 Jan. 13 95 Jan. 31 84 M Mar. 99M Jan. 9 99 M Jan. 12 93 M Mar. 64 M Jan. 6 66M Jan. 8 60 M Jan. 98 M 98 94M Jan. 12 94M Jan. 12 90 % Jan. 115M Jan. 2 116M Jan. 17 110M Mar. 106% Jan. 2 107Vs Jan. 24 102M Feb. 109M Jan. 2 110M Jan. 27 106 Jan. 91 % Jan. 16 92 Vs Jan. 7 85 M Jan. 3 3 100M Jan. 5 101M Jan. 26 96 M Jan. 92M Jan. 6 93 Ys Jan. 16 91 M June 19 19 59 M 12M Jan. 12 16 Jan. 30 7 Mar. 12 12 92 M 99 Jan. 26 101 Jan. 10 81 Jan. 81M Jan. 23 6 83 M 81 80M Jan. 15 72 87 M 86M Jan. 8 Sale 88 Jan. 21 78 n Jan. 21 23 83 M 83 M 83 Jan. 2 90 M 100 100 101M 76 M 76 M 58 M 19M 2 27 91M Jan. 16 91 Vs Jan. 12 81M 80 Jan. 90 M 89M Jan. 103M 103M 104M Sale 102 M Sale Sale 110M H IM 88 M 70 82 82 78 M Sale 72 70 M 71M 71 Sale 82 66 M 82 77 M 82 87 85 H 88 Sale 97 M Sale 90 * Jan. 100M Jan. 9 86M Jan. 13 90 89 M 81M 82 82 M 78 81 72 58 Sale 86 M Sale 89 81M 78 M io , odd 630,000 1,536,000 122,000 10,000 1,602,000 60,000 1,276,000 1,960,000 543,000 29,000 52,000 99,000 46,000 20,000 31,000 19,000 110,000 2,647,000 524,000 57,000 276,000 108,000 23,882,000 8,973,000 315,000 1,141,000 947,000 Lowest. Highest. 16 29 99 % 99M Jan. 17 99M Jan. 7 100 M 100M 91H 102 95 99 M 64 M 99 H 99 M 94 116M 107 M 110M 91M 100 M 100 92 100 M R A N G E FOR Y E A R 1924. JA N U A R Y. Jan. 31. Max. Jan. Jan. Jan. 83 M July 90 % July 83 100 M June 97 M ay A 10QM 9 ) 100 C ?1 95 July 3 87 H N ov. 3 69 M Dec. 4 93 83 M 28 84 M July 1 61 28 88 July 6 90 M June 2 81 17 80 Vs 4 85 H July 1 5 83 3 105 M Nov. Oct. 2 104 23 112M June q 89 N ov. 6 72 M 7 80 M Oct. 3 72 July 12 81 Oct. 9 82 Q 87 24 87 M Sept. 8 98 N ov. 5 96 M 88 8 100M N ov. On.* ?1 101 3 102 M Oct. 3 71M Dec. 15 76 M N ov. Jan. 2 70 M ar. 2 23 8 29 13 12 2 5 Feb. 21 Jan. 2 Mar. 1 17 11 17 89 100 83 101 104 82 % 98 M 71M 91 85 H 86 M 86 89 101 7 21 21 31 28 28 12 2 12 15 29 28 7 17 8 15 16 20 5 20 30 25 Sept. 20 Aug. 2 Aug. 1 July 31 Nov. 24 Oct. 9 June 12 June 16 July 29 Jan. 2 101 Oct. 10 96 Jan. 7 80 M Aug. Jan. 10 77 M N ov. Jan. 2 99 Sept. Feb. 20 97 Aug. Jan. 2 95 M July Nov. 22 101M Dec. Jan. 5 97 N ov. 14 94 M Mar. 17 83 July 8 78 M Oct. Feb. 18 91 M July Dec. 1 99 M N ov. 9 105 N ov. 19 99 M Jan. 27 6 13 25 14 29 3 8 28 8 24 15 29 F eb., 1925.] Interest Period BONDS N. Y . STOCK EXCHANGE. Sales in Sales in January 1924. Par Value. (12 Months) Lehigh & N Y 1st gu g 4s._ .1945 M S 1965 A O Little Miami gen 4s ser A __ .1962 M N 1935 A O Long Isl 1st cons g 5s____July 1931 Q J 1st cons gold 4s Julv 1931 Q J _ Gen gold 4s_ __ _ ______ .1938 J D Gold 4s . _ . _ _ 1932 J D Unified gold 4s____. . . .1949 M S Deb gold 5s . _______ __ .1934 J D 20-year deb 5s. . _________ .1937 M N Guar ref gold 4s___ . . . .1949 M S N Sh Bch 1st cons gu 5s_ Oct ’32 Q .1 _ Louisiana & Ark 1st 5 s . ____ .1927 M S Lou & Jeff Bridge gu g 4 s _ .1945 M H _ 1937 M N Unified gold 4s . ________ .1940 J J R e g iste re d _ __ _ _ _ .1940 J J Coll trust gold 5s______ . .1931 M N 10-year secured 7s_ _____ .1930 M N _ 1st & ref 5 Ms series A ____ .2003 A O 1st & ref 5s series B . _ . _ .2003 A O 1st & ref 4 Ms series C ____ .2003 A O 1930 J J 2 d gold 6 s_____________ .1930 J J Paducah & Mem Div 4s_ .1946 F A _ _ .1980 M S St Louis Div 2d gold 3s_ L & N M ob & M 1st g 4 Ms__ .1945 M S L & N-Sou Mon joint 4s_. .1952 .T J Registered Julv 1952 Q J Louis Cin & Lex g 4 M s _ _ .1931 M N » 26,000 23,000 3,000 4,000 8 ,0 0 0 2 2 ,6 6 6 6 8 .0 0 0 48,000 1 0 .0 0 0 1 1 .0 0 0 29,000 15,000 286,000 42,000 26,000 81,000 162,000 306,000 2 ,0 0 0 3,000 1 ,0 0 0 2 2 ,0 0 0 31,000 Mahon Coal RR 1st 5s______ 1934 J J .1939 M N 1st 4s_______ . . ________ -1959 M N 17,000 -1934 J D Man G B & N W 1st gu 3 K s. .1941 .T J 5,000 Michigan Central 5 s _______ .1931 M S 2 ,0 0 0 Registered. . ______ __ .1931 Q M 4s 74,000 1940 J J Jack L & S gold 3 Ms_ __ 1951 M S _ 1st gold 3 Ms _ _____ .1952 M N 20-year debenture 4s ____ .1929 A O Midland of N J 1st ext 5 s _ .1940 A O _ 13,000 M L S & West ext s f 5s_____ .1929 F A 1 ,0 0 0 Ashland Div 1st g 6 s. 2 ,0 0 0 1925 M S 1934 J D Cons ext 4 Ms ( b r o w n ) ._ .1934 J D _ 2 1 ,0 0 0 M il Spar & N W 1st gu 4s . .1947 M S 16,000 1941 J J Minn & St L 1st gold 7s_. . 1927 J D 4 3 ,6 6 6 1st cons gold 5s . . 67,000 .1934 M N 1st & refund gold 4s . 98,000 .1949 M S 31,000 R ef & ext 5s series A ____ .1962 Q F 1st guar g 7s_. _______ 1927 J D 251,000 M St P & S S M 4s s t p d .._ .1938 .T J _ _ _______ .1938 .T J 1st cons 5 s _ 65,000 10-yr coll tr g 6 Ms________ .1931 M R 191,000 1st & ref 6 s series A _______ .1946 J J 39,000 25-year g 5 M s . _______ . .1949 M S 167,000 M S t P & S S M & Cent Term 1st Chic Term s f 4 s _____ 1941 M N 5,000 M S S M & Atl 4s stpd___ .1926 J J Mississippi Cent 1 st 5s . . . .1949 .T .T 9,000 M o Kan & Tex 1st g 4s. 302,000 .1990 J D Missouri-Kansas-Texas RR— 994,000 Prior lien 5s series A _____ .1962 J J 271,000 40-year 4s series B . _ ______ .1962 ,T J 1 0 -year 6 s series C . ________ .1932 J J 173,000 Cum adjust 5s series A . _ -1967 J J 5,880,000 _ Missouri Pacific R R Co—• 550,000 1st & refund 5s series A ___ .1965 F A 260,000 1st & refund 5s series C .1926 F A 962,000 1st & refund 6 s series D . . .1949 F A General 4s .1975 M S 3,398.000 3,000 M o Pacific 3d 7s ext at 4% . .1938 M N .1945 J J 1 ,0 0 0 Mortgage gol'd 4s. -1945 J ,T M obile & Ohio 1st g 6 s______ .1927 J D 30,000 1st extension g 6 s Julv 1927 Q J 3,000 General gold 4s___ ______ I -1938 M S 1 0 ,0 0 0 17,000 Montgomery Div 1st g 5 s .. .1947 F A 6 ,0 0 0 .1927 J D .1991 M S .1937 J J 2 ,6 6 6 1st guar gold 5s._ ________ .1937 J J 25,000 Morris & Essex ls t g u 3 M s _ . 2 0 0 0 J D _ Nashville Chat & St L 1st 5s. .1928 A .O 40,000 -1937 F National Ry o f Mexico—~ Prior lien 50-year s f 4 M s .. -1957 J J J Guar 70-year s f 4s. _ .1977 Gen s f 4s assent redeemable_ _ Nat R R Mex pr lien g 4Ms . .1926 Assenting with July ’24 coup. _ First cons gold 4s . . . _ 1951 S 50,000 543,000 15,000 9,000 34,000 19,000 108,000 29,000 190,000 24,000 687,000 766,000 82,000 194,000 160,000 105,000 1,832,000 23,000 130,000 1,007,000 1,023,000 2,843,000 1.705,000 16,000 13,000 50,000 218,000 16,000 534,000 15,000 57,000 8 ,0 0 0 293,000 6 ,0 0 0 59,000 28,000 6 6 ,0 0 0 7,000 80,000 3,000 136,000 1,003,000 79,000 69,000 2 ,0 0 0 53,000 55,000 159,000 5,000 160,000 597,000 1,139,000 395,000 1,711,000 887,000 1,487,000 439,000 134,000 1 2 ,0 0 0 162,000 60,000 4,180,000 7,932,000 2,798,000 4,322,000 38,399,000 5,142,000 1,658,000 7,680,000 24,325,000 1 ,0 0 0 J J J Bid. J J J J J J A O A O 145,000 76,000 Jan 31. Ask. Bid. 83 M 85 M 87 M 103^ 105 103 M 82 is 82 M 107 Vs 107 M 99 99 Vs 1 0 0 92 % 93 M 88^ 89 M 88^ 8 8 Vs 83 M 83 M 85 95M 95M 88 M 87 M 8 8 82 M 82 M 82 M 99 99 M 99 99 99 M 1 0 0 82 83 83 M 1 0 2 M 103 % 103 M 92 M 92 M Sale 87 % 90 87 M 10 0 10 0 % 10 1 107 M 107M 106M 104 M Sale 106M 10 2 1 0 2 Vs Sale 92 92 Vs 92 Vs 104 M 105 M 104M 103 % 105 M 89 Vs s 89 % 8 6 M 89 V 62 M 64% 62 94 M 94 M 97 81M 82 % 82 M 76 M 76H 98 99 M 98 M M 62 59 58 M 60 67 98 99 M 98 M 82 Vs Sale 64 100 Vs 10 0 V s 98 V* 99 96 Sale 90 M 77 Vs 77 M , 79 82 *4 79 M 97 Vs 1 96 M 97 ! 93 M 93 % 01% 10 0 M 100M 99 % 1 0 0 99 M 87 Xi 88 88 87 M 87 Vs Sale 87 80 % 80 Vs 99 98 M 52 M 51M Sale 21 V s 2 1 M 22 16% 16 13 99 % 87 M 8 6 M Sale 98 M 98 M 99 102 M Sale 103 % 100 M Sale 1 0 1 88 85 M Sale 10 1M 10 1 92 M 99 M 92 92 % 81M Sale M Sale 71M Sale M Sale 76% Sale 86 10 1 10 0 10 0 76,000 Highest. Sale Prices. Sale Prices. Sale Prices. 85M Jan. 103 M Jan. 5 87M Jan. 31 5 19 23 23 106 Vs Feb. 99 M Jan. 14 100M Jan. 19 97M Feb. 89M Jan. 15 89M Jan. 15 85 96 Sale Sale 84 Jan. 8 84M Jan. 87 Vs 82 100 101M 99M 84 M 83 10 0 93 101 Vs 107 Sale 10 2 M 92 H 107 Vs 89 Vs Sale 63 M 83 % Jan. 6 8 8 Vs Jan. 26 82 Vs Jan. 28 100 Jan. 5 100 Jan. 3 84M 7 91M Jan. 8 93M 100M 106M 104% 101 % 92 89 Vs 62M 97 81M 99 M 98M Jan. 5 99M Jan. 3 15 07% Jan. 84 Jan. 100Vs Jan. 3 2 22 84 Jan. 13 2 22 22 98Vs 51% M 21 16Vs 18 103 53 22 87 M 98 V s 104 Sale Sale Sale 100 M Sale Sale Jan. 8 Jan. 2 Jan. 6 Jan. 14 99Vs 53Vs 22M 17M Jan. 2 87Vs Jan. 15 99 Jan. 2 104 Jan. 2 103 84% Jan. 6 8 8 86M 98 % 102M 100 Jan. 2 2 Jan. 29 Jan. 29 Jan. 29 6 ,0 0 0 8 ,0 0 0 556,000 842,000 8 8 ,0 0 0 M 63 71 99 82 % 10 0 M 99 96 ^ 83 83 98 Vs 94 M 10 1M 10 0 M 95 92 M 10 1 88 82 3 103 Feb. 2 i Julv 19 Dec. 31 Oct. 27 July Nov. 7 6 97M 51 13 M 13 M Dec. N ov. 8 6 8 M Apr. 14 June 26 23 M Feb. 14 M ay 27 2 1 Feb. 28 Jan. 26 85 M Jan. 7 97 % Jan. 6 101 M Jan. 6 97M Jan. 30, 83 Nov. 26 90 June 17 Apr. 19 100 M Jan. 24 N ov. 2 1 103 % Jan. 21 Aug. 7 1 0 2 M Mar. 12 M ay 26 87 July 24 5 90Vs 2 75 5 102% 89 2 Jan. Jan. Jan. Jan. 311 30 28 31 j 78M 65 94Vs 51 % Jan. 5 87M Jan. 2 100Vs Jan. 2 101 Jan. 30 65Vs 84% Jan. 16 84 % Jan. Jan. Jan. Jan. Jan. 31 311 30 81 16 75M 94 87Vs 51 80M 92 % 83 100 99 62M 77 V 76M Jan. 17 s 104 102% Jan. 7 102M Jan. 1 2 81M Jan. 1 0 98 % 97 Vs Jan. 15 100K 100 Jan. 14 85 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 76M Jan. 17 6 8 103M Jan. 1 0 101 M Feb. 102M Jan. 1 2 100M Jan. 87M Jan. 2 1 98 Jan. 19 92 Jan. 100M Jan. 27 04% Jan. 108M 14 100 101M Jan. 2 0 76 Vs 76% Jan. 17 78 Jan. 7 76 Sale 100M Jan. 9 101 % Jan. 5 99 % 99 Jan. Feb. Jan. Feb. 2 87% N ov. 13 2 74 Nov. 12 3 1 0 2 M N ov. 6 2 80 Dec. 5 2 4 3 2 5 22 29 20 10 85 N ov. Dec. 99M June 65 N ov. 85 98 M Oct. 77 V Oct. s 104 Vs Aug. 102% 85 ‘ 3 98 Vs Dec. 24 1 0 2 85 9 1 HUM 16 1 0 1 17 80 July 28 1 0 2 Sept. 10 1 Apr. 30 99 21 1 10 28 25 21 11 26 28 15 Apr. 30 18 M ay 20 25M 15M July 7 37 26 M 30 M 19 % Jan. 13 21 % Jan. 21 21 16M Jan. 21 25 17 July 16 41 M Anr. 32 % 30 % Jan. 19 32M Jan. 23 25 Sept. 15 26Vs Sept. 25 9 20 14 Feb. 28 36 9.9. Feh. n A u g .26 1614 Dec. 5 18M 21 16 30 26 M 29 2 0 ,0 0 0 59,000 4,000 869,000 894,000 924,000 5,044,000 1,543,000 1,456,000 16,00 ) 42,000 36,961,000 47,000 2,801,000 2,434,000 14,399,000 19,000 2,149,000 286,000 2,145,000 96 Feb. 28 , 80 M June 9 Feb. 8 i 98 96M Jan. 2 97 % Jan. 30 70 M ay 1 81 78 Mar. 31 97 Vs 92 91 Vs Jan. 28 93M Jan. 8 87 M June 12 09Vs Mar. 11 1 0 0 % 100% Jan. 28 100M Jan. 28 9 100M N ov. 21 8 100M Jan. 1 8 8 Vs Mar. 3 93 8 8 Vs Jan. 14 91M Jan. 15 89 Sale 8 6 % Jan. 7 89 Jan. 16 83 Vs Jan. 5 72 92 78 % 81 % 85 80 Vs 101 % 92 M 91 98 92 M 99 H IM 19 81 86 17Vs Jan. 72 M 92 M 78 % 81 82 86 15Vs Dec. 30 18 10 19M Jan. 26 75,000 64,000 Mar. 98 % Feb. 26 61 Vs 64% Mar. Feb. Jan. Jan. 96 Jan. 31 Jan. 13 Jan. 1 0 Jan. 2 1 Feb. Jan. Jan. Jan. Feb. Mar. Feb. Apr. Jan. Feb. Feb. M ay Apr. Feb. Mar. Jan. Dec. 85M 60M 94 79 Jan. 29 Jan. 5 Jan. 28 Jan. 14 Jan. 5 24 Jan. 13 16,000 31,000 84 % 83M 79 91 Vs 84 78M 94 % 95 % 79M 100 Vs 88M 89 M 96 M 106 M 104 M 97M 92 8 Jan. 26 103 Jan. 1 1 Jan. 27 107M Jan. 8 Jan. 2 106% Jan. 31 Jan. 3 103 Jan. 15 Jan. 7 93M Jan. 13 Jan. 31 89 Vs Jan. 16 63 Jan. 1 0 97 Jan. 15 82 Oct. 8 86 105 M N ov. 11 81M 9 108 7 2 100M Aug. 100M 2 8 8 % Nov. 3 30 83 Vs 16 84 Vs Dec. 30 21 96 Nov. 3 21 90 Nov. 11 July 30 13 8 6 23 1 0 0 Oct. 27 30 1 0 1 M Sept. 15 4 8 6 M Nov. 12 27 104 M 28 94 M Sept. 29 13 92 Sept. 20 19 103 15 108 % Nov. 8 Nov. 13 13 108 2 105 M July 24 17 95 Oct. 3 105 104 10 90 % June 18 July 16 9 64 11 95 % Jan. 15 2 84 M July 28 82 31 99 M N ov. 21 82M Jan. 23 18 14 40,000 39,000 108 % Lowest. Sale Prices. Vs 27 3,000 31,000 Sale Highest. 86 Jan. 90 M Sale Sale 71% Jan. 75 102 M 1 0 2 % 101M Jan. 76% Jan. 8 8 Vs Sale 87 Vs 100Vs 100% 65 84 M 96 M 76 78 103 M 102 Vs 10 2 M 87 98 Vs 98 100 M 1 0 0 M 84 1 110 M 103 " 1 0 1 Vs 75 Vs Sale 101M 10 2 M Ask. Lowest. 91M Feb. 25 92 M N ov. 26 92 M 99M Jan. 2 2 00% Jan. 2 2 99 Vs 99 M Jan. 14 92 Dec. 2 92 M 92 M 91 Jan. 19 92Vs Jan. 28 8 8 80% Jan. 8 82% Jan. 311 75% Feb. 29 83 % July 16 82 M Sale 83 3 Sale A Sale Sale Sale 10 0 29,000 46,000 A O A O R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. 99 M 62 M 8 8 ,0 0 0 84 M 77,000 95^g 117,000 77' 1 2 0 , 0 0 0 102 Vs 27,000 182,000 84 M 139,000 97 M 229,000 42,000 85 % 34,000 l i o \i 16,000 1 0 1 kl 373,000 77 % 265,000 1 0 0 % A .1954 M N 1945 J J .1945 J J .1986 F A 39,000 .1952 J J 45,000 New Orleans Term 1st 4 s .. .1953 J J 31,000 N O Tex & Mex 1st 6 s series A .1925 J 1) 1 0 0 ,0 0 0 Non-cum income 5s series A .1935 A O 132,000 .1954 A O 332,000 First 5Ms series A . . . .1954 A O 1945 J J 6 ,0 0 0 N Y & Bklyn & M B cons g 5s.1935 A O N Y Cent RR conv deb 6 s_ .1935 M N 11,905,000 _ 39,000 MN 1 1 2 ,0 0 0 Consol 4s series A . _____ 1998 F A 206,000 Ref & impt 4Ms series A _ .2013 A O _ 913,000 R ef & impt 5s series C ___ .2013 A O A O 6 ,0 0 0 N Y C & H R g mtge 3 M s ... .1997 J J 707,000 78,000 Registered . _________ .1997 J J Debenture gold 4s--------- .1934 M N 136,000 MN 1 0 ,0 0 0 30-year deb 4s o f 1912 - - .1942 J J 50,000 ) 49,000 Lake Shore c o llg 3 M s ------ .1998 J1 A .1998 F A 17 BONDS—STOCK EXCHANGE RECORD Jan. 23 M ay 21 18 14 M Dec. 8 86 19 29 81M Feb. 9 87 80% Jan. 6 83 Jan. 31 76M Jan. 12 83 Sale 81 101 Vs Jan. 5 101 Vs Jan. 5 100M Mar. 3 101 Vs 1 0 1 % 1 0 2 92 M 94 M 94 M 02Vs Jan. 3 94M Jan. 29 85M Jan. 8 8 91 M Jan. 31 Sale Aug. 30 99 M 99 Vs 98 Jan. 2 99M Jan. 29 98 92 Vs 92 Vs M ay 17 94 99M Jan. 2 2 100 Jan. 28 95 Feb. 19 1 0 0 Vs 1 0 0 ' Sale 116M Sale 111M Jan. 2 117M Jan. 7 103 M Jan. 2 115M Jan. 17 116M Jan. 29 103 M Feb. 18 82 % Jan. 5 85 Jan. 13 80 Vs Mar. 1 82 % 83 M 83 M Sale Sale 8 8 Vs Jan. 16 91M Jan. 29 88 V s 90 91 85M Jan. 3 99 Jan. 6 100M Jan. 31 91M Feb. 1 99 Vs Sale 100 Vs Sale 14 14 95 Feb. 27 Sale 75 Jan. 9 78 Jan. 12 74 Jan. 2 76 76 M Sale 74M Jan. 31 74Vs Jan. 19 72M Mar. 29 74 M 76M 74 M Sale 94 93 M Sale 94 M 93M Jan. 2 94 % Jan. 15 89 M Feb. 25 6 91 M ay 5 92 M 94 M 92 % Jan. 6 92 M 91 % 92 Vs 91M Jan. 6 92 Vs Jan. 14 87 Jan. 2 91M 92 74% Jan. 31 76 Jan. 29 70Vs Mar. 18 75 M 75 M 74% Sale 73 Vs 76 72 Vs 74 M 69 M Mar. 17 M ay 21 M W Sent,. 26 1 92 H Oct,, a 83' 83 July 21 88 83 Aug. 16 1 0 2 % June 30 93 M July 14 92 W 10 0 ' Oct. 10 94 Oct. i i 10 1' 113M Nov. 8 113 N ov. 18 July 22 86 90 M Oct. 3 1 0 0 M N ov. 18 99 Oot, 16 70 July 16 78% Aug. 13 96 Sept. 26 93 08 M ay 22 77 M July 29 75 July 19 BONDS—STOCK EXCHANGE RECORD 18 Sales in Sales in January 1924. Par Value. (12 Months) BONDS N. Y. SVOCK EXCHANGE. N Y Cent & Hud River (Concl)— Is. M ich Cent coll g 354s______1998 P A 28,000 * " Registered_______________1998|F A > N Y Chic & St Louis 1st g 4s_ 1937 A O _ 99.000 A O 1,000 25-year debenture 4s_______ 1931 M N 36.000 2d & impt 6s A B & O ______1931 iM N 89.000 W Refunding 554s Series A ____1974|A O 693.000 N Y Connecting 1st gu 4 % s A - 1953 F A 63.000 N Y & Erie 1st ext g 4s_______ 1 9 4 7 iM N 3d ext gold 454s___________ 1923 M S 4th ext gold 5s_____________ 1930iA O 5th ext gold 4s_____________ 1928 J D N Y & Greenw L guar g 5s____ 1947|M N 8,000 N Y & Harlem g3J^s__________2000 M N 1,000 ^ Registered__________________ 2000 M N N Y Lack & West 1st 5s A ____ 1973 M N 1st & ref guar 454s Ser B ___ 1973 M N 12,000 N Y Lake Erie & West ext 7 s ..1930 M S 5.000 Dock & impt ext 5s________ 1943 J J 3.000 N Y & Jersey 1st 5s__________ 1932 F A 6.000 _ N Y & Long Branch gen 4s_ 1941 M S N Y New Haven & Hartford— Non-conv debenture 4s_____ 1947 M S 18,000 Non-conv debenture 354s___ 1947 A O 13,C O O N on-conv de en 3 5 4 s _____ 1 9 '4 A O 126,000 Non-conv debenture 4 s ___ 1955jJ J 99.000 Non-conv debenture 4s____ 1956M N 147.000 Convertibledebenture354s._1956 J J 114.000 Convertible debenture 6s___ 1948J J 1,018,000 Registered_____________________ |J J 46.000 7s European loan dollars____ 1 9 2 5 A O 2.265.000 7s European loan francs_____ 1 9 2 5 A O 5.812.000 Debenture 4s_______________ 1957IM N 208.000 Consolidated Ry non-conv 4s 1930 F A Non-conv debenture 4s_ 1954 J J _ 1,000 Non-conv debenture 4s__ 1955 J J Non-conv debenture 4s__ 1955 A O 1,000 Non-conv debenture 4s__ 1956.J J 19,000 N Y & Northern 1st g 5s_____1927!A O 1,000 N Y Ont & West 1st g 4s_ June 1992 M S 158,000 i Reg $5,000 only______June 1992jM S F General 4s_________________ 1955 J D 53,000 N Y Prov & Boston gen 4s___ 1 9 4 2 iA O 4.000 N Y & Putnam 1st con gu g 4s. 19981 O A 1.000 N Y & Rockaway Bch 1st g 5s.l927>M S 122,000 N Y Susq & West 1st ref g 5s._1937|J J Second gold 454s___________ 1937|F A 4.000 General gold 5s____________ 1940 P A 77.000 Terminal 1st gold 5s________ 1943 M N 4.000 345.000 N Y Westches & Bos 1st 454s._1946 J J Nord Rys s f 654s int rects___ 1950A O 915.000 Norfolk South 1st & ref 5s A ..1961iF A 43.000 Norfolk & South 1st g 5s______ 1 9 4 1 M N 31.000 Norfolk & Western gen g 6s_ 1931 M N _ 5.000 J Improvement & ext g 6s___ 1 9 3 4 F A New River 1st gold 6s______1932 A O N orf & West R y 1st con g 4s. 1996 A O 169.000 Registered_______________ 1996jA O 5,000 Div 1st & gen g 4s_______ 1944G J 266.000 10-year convertible 6s___ 1929jM S 450.000 Pocahontas C & C joint 4s . ] 9411 D J 63.000 North Cent gen & ref 5s A ____1974,M S 10.000 Northern Ohio 1st gu g 5s_____19451A O 213.000 Northern Pacific prior lien 4s_ .1997 Q J 213.000 261.000 Registered__________________1997 Q F Gen lien ry & liq 3s____Jan 2047 Q F 244,000 Registered___________Jan 2047 R ef & impt 4H s Series A _ 2047 _ 201,000 R ef & impt 6s Series B _____2047 443,000 Registered___________________ R ef & impt 5s Series C _____2047 154.000 R ef & impt 5s Series D ____ 2047 172.000 St Paul & Duluth 1st 5s___ 1931 1st consol gold 4s________ 1968 North Pac Terminal 1st 6s____ 1933 2,000 Northern Ry o f Calif gu 5s___ 1938 Ogden & Lake Ch 1st gu g 4s. .1948 Ohio Connecting Ry 1st 4s____ 1943 Ohio Ind & W 1st pref 5s.-A pr 1938 Ohio River R R 1st g 5s_______ 1936 1 General gold 5S_____________ 1937 Oregon & Calif 1st gu g 5s_____ 1927 Oregon RR & Nav Con g 4s____1946 Oregon Short Line 1st con g 5s.1946 Guaranteed con 5s_________ 1946 Guar refunding gold 4s_____ 1929 .Oregon-Wash 1st & rief 4s_____ 1961 J M Q J A J J J J J J J S J D O J D J J D J 14,000 2,000 3.000 123.000 85.000 136.000 53.000 293.000 256.000 29.000 Pacific Coast Co 1st g 5s_____ 1946 J D 5.000 Pacific R R of M o 1st ext 4s 1938 F A 26.000 2d extended gold 5s________ 1938 J J 5.000 Paducah & Illinois 1st s f 454s. .1955: J J 623.000 Paris-Lyons-Med RR 6 s .____ 1958iF A Sink fund extl 7s inter rects. .1958 !M S 1.257.000 Paris-Orleans RR s f 7s_______1954 M S 457.000 Paulista R y 1st & ref 7s______1942 M S 98.000 3.000 Penn RR consol gold 4s_______ 1943 M N 48.000 Consol gold 4 s . .'.__________ 1948 M N 13.000 I Stamped dollar bonds___ 1948 M N 92.000 Consol 4 3^s issue o f ,1915_ 1960 F A _ 522.000 General 4 Ms Series A . . _____ 1 965 J D 553.000 General 5s Series B _____.,___ 1968J D 246.000 10-year secured 7s_________ 1930 A O 479.000 15-year secured 654s_____..1936 F A 40-year 5s temp_ _________1964 M N 1.163.000 _ ^Pennsylvania Co— Guar 354s coll tr reg ctfs_ 1937 M S _ 18,000 Guar 354s coll tr ctfs B .:____1941 F A Guar g 3 Ms tr ctfs Series C . .1942 J D Guar g 3 Ms tr ctfs Series D ..1 994 J D 25.000 Guar gold 15-25-year 4 s .___1931 A O 19.000 40-year guar tr ctfs 4s Ser E.1952 M N 80.000 Peoria & East 1st cons 4s_____1940 A O 237.000 Incom e4s________ 1990 A pr 298.000 Pere Marq 1st 5s Series A _____ 1956 J J 50,000 1st 4s Series B _____________ ,1956 J J Phila Balt & Wash l s t g 4s____1943 M N 18,000 General 5s Series B _________ 1974 F A 25.000 Philippine R y 1st 30-yr s f 4s. .1937 J J 10.000 P C C & S t L g u g 4 M s Series A . 1940 A O 6,000 Con 4 Ms Series B g u a r ..___ 1942 A O Con 4 Ms Series C gjuar_____ 1942 M N 20,000 Con 4s Series D guar_______ 1945 M N 5,000 Con 3 Ms Series E guar g____ 1949 F *A Con 4s Series F guar g______ 1953 J D Con 4s Series G guar_______ 1957 M N 1,000 Con 4s Series H guar___ ___ 1960 F A Con 4 Ms Series I guar--------- 1963 F A Con 4 Ms Series J guar______1964 M*N Jan. 31. Ask. Bid. 75M 76 M 75 % 74 X 73 M 80 91% 90 M 92 470.000 63.000 713.000 25.000 88 54 1,228,000 93 2.367.000 102 M 4.067.000 94 1.400.000 90 17.000 89 91 Vs 11,000 99 M 10,000 97 54 87.000 92 10.000 7854 1,000! 30.000 6154 56 56 54 59 M 60 86 87 85.000 48.000 9.000 88.000 13.000 2.483.000 2,000 Sale Sale Sale 61 54 Sale Sale Sale 98 X ----103 M -----9 9 % ___ 9954 100 8954------ 55 54 54 M 37.000 32.000 864.000 121.000 609.000 56.000 6.070.000 2.024.000 1.642.000 107.000 37.000 10.000 28,000 2.282.000 49.000 897.000 13,428,000 545.000 26.000 286.000 4.753.000 198.000 2.896.000 105.000 1.305.000 5.623.000 1,000 1.282.000 2,556,000 1,000 99 X 67 59 61M 92 61 X 82 M 71 X 91X 107 X 107 X 106% 88 M 89 M 131X 90 X 101 87 X 84 M 83 X 6054 214.000 92.000 130,000! 60.000 12,101,000! 1,724,0001 898.000 287.000 101.000 653.000 214.000 1,210,000 4.678.000 3.958.000 3.680.000 4.213.000 112.000 25.000 35.000 6,000 70% 9954 Sale 98 M Sale 56 % Sale 62 68 100 91 Sale 91 10254 87 M Sale Sale Sale 96 X 96 X Sale 98 Sale Sale Sale Sale Sale Sale Sale 110 98 X Sale 83 82 82 103.000 540.000 94% 182.000 85 949.000 7654 3.534.000 35 M 6.890.000 98 X 769.000 82 251.000 92% 506.000 103 669.000 68.000 96 136.000 96 3.000 96 47.000 8954 46.000 89 M 3.000 89 M 28.000 89 M 4.000 8954 9454 53,000 9454 Jan. Jan. Jan. Jan. Jan. 5554 60 60 55 % 87 83M 97 96 54 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 55 6154 63 M 62 100 68 67M 65 M 65 6354 8654 83 8254 100 73 54 6654 64 M 61M 64 6054 94 98 Sale 5954 Sale 854 Sale 7054 Sale 9554 107 10654 Jan. Jan. Jan. Jan. Jan. 8554 87 109 X 8354 9054 9854 93 M 79 X 87 M 8754 99 9154 9154 9154 9954 94 102M 10854 11054 9854 8554 85 84 8354 82 84 82 9554 95 Sale 85 7854 6854 Sale 35 M Sale 98 M Sale 8154 100 9254 103 54 104 42 54 97 M 96 97 96 96 M 96 Sale 90 M 90 M 9054 90 M 90 M 94 M 9454 72 _____ ___ _____ 100 10154 Sale Sale 105 Sale Sale 8 24 31 5 June Mar. Aug. Apr. Jan. Oct. 16 19 23 29 19 2 98 M 101 102 % 9954 101 9954 June N ov. Aug. Dec. Dec. Aug. 16 10 23 18 31 14 60 July Oct. 56 6154* Dec. 61 July 61M Dad. Dec. 56 87 N ov. 83 M Nov. 9754 Nov. 96 M N ov. 55 M N ov. 24 22 1 30 3 20 25 24 21 21 21 44M 38 3954 44 54 43M 3954 59 57 7054 69 36 Jan. 8 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 6854 Jan. 8654 Jan. 8254 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 74 Jan. 62 Jan. 64 Jan. §4 Jan. 6254 Jan. 84 54 Jan. 72 Jan. 96 Jan. 10754 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8954 86 9054 133 M 93 8754 8554 8554 8454 6154 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 97 Jan. 9754 Jan. 102 M M ay Sept. Oct. Sept. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 96 Jan. 9554 Jan. 96 M Sale 97 Sale 97 97 M 92 M 7854 98 M 20 96 19 102 54 22 9754 13 9654 90 87M Jan. 107 54rJan. 100M 24 9 24 23 Jan. Jan. Jan. Jan. 6154 62 100 68M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. M ir. Apr. June Jan. Apr. Apr. Aug. Jan. May Feb. Mar. Jan. Jan. Jan. Jan. Jan. Dec. 61% Mar. 89 Jan. 10554 Mar. 106 Jan. 106 Mar. 86 Feb. 8654 M ay 8654 Feb. 106 M Jan. 86 5 Feb. 4 10154 D^c. 8454 M ay 80 M Mar. 78 i Mar. 5654 Mar. M ay 57 7954 Jan. 10154 Mar. 107 Oct. 8954 Mar. 8954 Jan. 9954 Mar. 44 48 50 M 42 M 9954 60 59 M 5754 8554 81 89 M 52 M 43 40 M 8654 39 M 81M 5654 55 M 58 M 57 M 101 69 59 M 66 8554 83 M 100 71 63 M 66 9554 63 8854 7554 9554 107 X 107 M 107M 9154 89 9054 133 M 92 M 102 91 8654 8554 63 102 88 M 10854 107 98 97 M 9954 71M Jan. 22 72 Jan. 9 6854 Mar. 12 7454 N ov. 10 89M Apr. 29 9054 Dec. 8 15 100 15 9854 13 10154 8 90 10 106 6 10554 2, 9854 3 84 N ov. N ov. Aug. July Sept. Oct. Sept. July 24 18 14 24 24 23 26 26 22 82 1 9054 23 9954 31 94 15 8454 20 93 54 N o v . 26 93% July 19, 98 Juae 93 Jan. 95 Feb. 9254 Jan. 100 Jan. 95 Jan. 10454 Jan. 11054 Jan. 111 Nov. 9854 Dec. N ov. July Sept. Aug. Oct. Oct. Sept. Aug. Aug. Oct. June Dec. July Aug. N ov. N ov. 29 19 30 3 29 2 14 23 16 8 23 28 3 30 19 1 24 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 9854 99 101M 89 10554 10554 97 82M Jan. Jan. Jan. Jan. Jan. Jab. Jan. Jan. 9754 9554 9954 8554 101 10154 92 54 7954 Feb. Apr. Feb. Mar. Mar. Mar. Jan. Jan. 8954 82 9054 9854 9454 9454 Sale 79 Sale 88M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 75 M 8654 95 54 86 54 65 92 M 8954 93 8954 87 M 87 9454 90 54 99 10654 10754 98 M Jan. Feb. Jan. Jan. Jan. Nov. Sale 90 Jan. 9854 Jan. 98 !4 Jan. 94 M Jan. 8054 Jan. 89 Jan. 90 J a n . 100 Jan. 95 Jan. 9154 Jan. 91M Jan. 100 Jan. 95 Jan. 103 Jan. 109 Jan. 110 M Jan. 9854 Jan. 92 93 Sale Sale Sale Sale Sale Sale 87 97 95 9054 90 M 9854 93 10154 108 10954 98 84 83 81 83 M 9454 8754 85 78 79 3o 36 Sale 9754 82 M 8154 100 104M 104 Sale 4154 96 97 96 Jan. Jan. 24 83 M Jan. 29 Jan. Jan. Jan. Jan. Jan. Jan. 95 85M 79 3654 98 M 8354 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 106 43 96M 96 Jan. Jan. Jan. Jan. 8954 Jan. 9054 Jan. 8954 Jan. 91 Jan. 91M Jan. 9554 Dec. 17 July 29 Dec. 11 Sept. 3 Oct. 15 D8C. 18 Aug. 19 Aug. 26 Oct. 18 Aug. 12 Aug. 21 Aug. 6 Dec. 24 Aug. 5 Oct. 7 Dec. 19 Oct. 14 Nov. 19 Oct. 31 Nov. 10 Oct. 6 June l9 July 30 Sept. 20 July 24 Dec. 26 Oct. 9 N ov. 28 Aug. 10 Sept. 29 Oct. 1 Sept. 24 July 23 Sept. 27 N ov. 12 Oct. 21 Sept. 26 Oct. 9 Mar. 24 10954 Jan. 21 10954 Jan. 14 10854 Feb. 8 10954 Feb. 15 89 M Aug. 21 10054 Apr. 29 9854 99 10054 88 % 10354 10354 9654 8154 Sale Sept. 24 N ov. 8 Dec. 2 Oct. 1 Dec. 7 June 27 N ov. 12 Sept. 26 Mar. June Apr. June 10054 107 M 9954 100 8 55 77 M 93 54 9154 95 103 54 9654 92 89 M 96 93 M 82 7654 65 57M 5654 63M 6354 5754 9054 84 100 9954 57 19 19 22 18 8654 8654 85M Jan. 10654 Sale 10654 Jan. 73X 82 80 8954 90% 98 X 93 % 96 79 X Sale 87% Sale 84% 6 76 Jan. 15 7254 Jan. 10 Jan. 6 92M Jan. 29 8954 Feb. 21 Jan. 19 89 Jan. 19 88 Mar. 6 Jan. 9 96 Jan. 29 88 Jan. 7 Jan. 2 103 54 Jan. 6 10054 Jan. 2 Jan. 2 95 Jan. 21 93 M Oct. 4 Jan. 2 9154 Jan. 31 8654 Mar. 12 89 Mar. 26 55% Jan. 88 86 8854 130 128 94% 91 87 102 Sale 8454 Sale 8454 83 54 6054 Sale 6054 7154 9054 86 100 98 _____ 9854 10054 Sale 101M 88 M 88 M 8854 104 Sale 104 105 Sale 104X 97 96 % Sale 82 Sale 8154 97 % 91 H 91 X 90 M 98 % 9354 101 X 108 % Jan. 61 8754 128 9154 101 % 87 M 84 M 9 0 % _____ 85 % ------- 88 _____ ......... 56 M Sale 62 M 5554 Sale 10054 107M 9954 9954 Sale 67% 65 M 64 X 65 63% 85 54 82 % 82 M 9914 Sale 73 X 62 63 Sale 62 94 94 Sale 61 Sale 82 Sale 71% 96 108 M 10654 107 54 10654 Sale 88 M Sale 1 0 0 M ------80 X ------29.000 109M 10954 12.000 100 X ------- 340 000 153 000 56 000 56 000 89 000 1,164 000 602. 000 691. 000 936 000 3,867, 000 5,055, 000, 6454 57 M 58 % 62 M 61M 52 M 89 M 64 85 M Sale 106 X Sale 95 75 91 M 93 % 92 Jan. 7 9254 Jan. 27 83 M 78 % 83 M 78% Jan. 20 7854 Jan. 20 76 97 Sale 96 Sale 54 M Sale 54 M 67 54 67 54 6454 63 85 X 8154 75 X 80 92 % Highest. Lowest. Sale Prices. Sale Prices. 72% Mar. 15 7854 July 25 Sale Prices. Sale Prices. 91% 99% 97% 10.0001 9 9 54___ 173,000, 99 54 101 8,000i 8 9 54-----260,000 89,000 300.000 472.000 1,161,000 1,216,000! 6.360.000 902.000 13.389.000 23.492.000 2.711.000 Ask. Highest. 91 89 89 93 M 94% 94 M 92 Vs Sale 102 % 103 102M Sale 94% 94 X 93 % Sale 91X 91% 90 92 89 92 1,000 103 M 109 2.000 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Bid. 319.000 [V ol. 120. 7 91M Jan. 8454 83 8154 8154 9054 83 54 67 21 91M 7654 89 M 100M 37 93 54 93 54 9354 83 8654 87 M 8854 7 91M 9054 9054 Dec. Dec. Apr. Jan. Jan. Mar. Jan. Jan. Jan. Jan. Apr. May Mar. Jan. Feb. Jan. July Feb. Mar. May Mar. Jan. Jan. Sept. 2 M ay 22 Sept. 23 Dec. 17 Oct. 23 June 18 June 21 Sept. 26 June 12 Nov. 6 Mar. 24 Oct. 31 Aug. 16 July 28 Sept. 30 Jan. 7 Aug. 14 Sept. 18 Oct. 29 Sept. 18 Oct. 17 Sept. 5 94% Dec. 30 8654 84 83 54 8954 96 8754 80 3854 99 8254 9954 10554 4754 97 9654 9454 9054 92 54 8954 98 92 9654 IT b.j 1925.] e BONDS—STOCK EXCHANGE EECOBD BONDS N. Y. STOCK EXCHANGE. C.g Sales in Sales in c C January 1924. c » NO. Par Value. (12 Months) P C O & S t L ( Concluded)— Gen 5s series A ____________ 1970 J D Registered___________________ J D Pitts & Lake Erie 2d 5s_ Jan 1928 A O _ Pitts M cK & Yough 1st gu 6 s .-1932 J J 2d guar 6s_________________ 1934)J J Pitts Shen & L E 1st g 5s____ 1940,A O First consol gold 5s________ 1943 J J Pitts Va & Char 1st guar 4s_ 1943 M N _ Pitts Y & Ash 1st con 5s______1927iM N 1st gen 4s series A ___________1948 J D 1st gen 5s series B ___________1962 F A _ Providence Securities deb 4s_ 1957 M S Providence Terminal 1st 4s___ 1956 M S :Reading Co gen gold 4s_______ 1997IJ J Registered__________________1997 J J Certificates o f deposit______ 1997 j ____ Jersey Central coll g 4s_____1951 A O Gen & ref 4 % s _____________ 1997 J J 'Rensselaer & Saratoga 6s______ 1941 M N Richm & Danv deb 5s stamped. 1927 A O Richm & Mecklenburg 1st 4s_ 1948 M N _ Richmond Terminal Ry 1st 5s_1952 J J Rio Grande June 1st gu g 5s_ 1939iJ D _ Rio Grande Southern 1st g 4 s_ .l9 l0 J J Guaranteed________________ 1940 J J 'Rio Grande Western 1st g 4s_ 1939'J J _ 1st con & coll trust 4s series A 1949 A O RockTsl’ti Ark & Loui 1st 4 4£s_ 1934 M S Rutland-Canada 1st gu g 4s_ 1949 J J _ 'Rutland 1st cons g 4 H s_______ 1941 J J St Jos & Grand Island 1st g 4s__1947 St Lawr & Adirondack 1st g 5s. 1995 2d gold 6s__________________ 1996 St Louis & Cairo gu g 4s______ 1931 ; St Louisilrom M tn & South—Gen c o n r y & land grant 5s_.1931 A Unif & ref gold 4s__________ 1929 J MN 1930 A O St Louis-San Fran (Reorg Co)1950 J J 1950 .1 J 1928 .1 J 1942 J .) 1955 A O 1960 Oct 1931 J J 1931 J J 1996 .1 J St L & S F RR cons g 4s. 1947 A O 1948 J J 1931 M S 1989 M N 1989 .T J 1932 J D 1952 J J 1941 F A 1947 J .1 1933 J J 1933 J J 1933 .1 J .1937 J D .1 1) Registered. 194(1 .T J 1973 J .1 1943 J J . 1942-M S .1934IA O Sav Fla & West 1st g 6s . . .19341A O .1989 M N .1950 A O .1950 A O 1949 F A 19 9 A O .1945 M S 1933 M S .1926 J .1 .1936 F A South & Nor Ala gu 5s___ Gen cons gu 50-year 5s. .1963 A O Southern Pacific Co—1949 J D J D 1929 M S .1934 J 1) .1950 A () .1950 A O 1937 M N .1937J J South Pac RR 1st ref gu 4s. .1955 J .1 .1994 J J .1994 J 1943 J 1936 J So Caro & Ga 1st ext 5 J^s. J 48,000 Bid. Ask. Bid. Ask. 969,000 100Vs 100M 100^ 100% Registered. July 1914 coupon on. Sale Prices. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 9946 Jan. 14 101 10,000 101 101 Vi 104 % _____ 102 __ 10246------10114 101 101 ___ 100 101 95 101 _____ 87 ------- 87 8 9 ^ ------- 10046_____ 100 30,000 3,000 5,000 687,000 4.000 4.000 803.000 100^ 101H 10046 102 10046 Jan. 30,000 5 0 % _____ 5 1 4 6 _____ 5346 Jan. 1,000 8 1 % ------- 8 1 4 6 ------- 1,000 112,000 124.000 307.000 4,000 45,000 8,000 266,000 283.000 302.000 1,000 6,000 86 2.791.000 146.000 272.000 872.000 5.678.000 6,000 148.000 2,000 29,000 1,000 234.000 338.000 485.000 1.616.000 6,268,000 20,000 Jan. 6 92,000 20,466,000 4,318,000 2,924,000 5,029,000 14,059,000 35,759,000 121,000 9,284,000 4,000 6,000 208,000 48,000 1,489,000 228,000 4,132,000 2,090,000 2,856,000 5,000 138,000 84,000 285,000 208,000 25,000 2,000 1,973,000 1,833,000 23,000 67,000 35.000 168,000 381,000 4,540,000 15,733,000 10,570,000 12,097,000 1,081,000 1,130,000 27,000 251,000 15,000 18,000 9,000 15,000 1,000 82,000 277,000 1,000 2,000 15,000 137,000 1,836,000 938,000 2,554,000 39,000 27,000 20,000 42,000 253,000 LOCO 799,000 50,000 65,000 ______ 4,000 33,000 683.000 387.000 4,000 1,131,000 434,000 529,000 5,000 28,000 44,000 25,000 42,000 5,000 1939 A 0 13,000 1944 F A 53,000 1953 J J 1943 .T J 102,000 2000 J D 2000 M a r 52,000 1931 J J 5,000 1964 M S 36,000 1935 J J 1935 A O 1,000 1935 J 1) 82,000 1917 .1 .T 1925 ,T J 62,000 1950 A () 98,000 1931 .1 J 1,000 1933 J J 10,000 1942 M S 1946 J D 25,000 1928 J 1) 19,000 22,000 1952 A O 1947 .1 J 1,128,000 1,000 1947 .1 J 583,000 .1927 J J J J 1,000 266.000 2008 M S 2008 M S 302,000 138,000 .1928 J J 2,000 1944 M s 1926 .1 J 5,000 1933 J J 8,000 2,000 86 Jan. 20 10146 Jan. 27 Jan. 271101 Jan. 27 ___ Jan. 21100 Jan. 21 6 102 Jan. 29 2 5446 Jan. 7 9656 9846 97 8646 99 Feb. Jan. Jan. Dec. Mar. 8 7 3 23 14 99 40 80 Mar. 14 10246 Oct. 21 June 3 53 Dec. 17 Sept. 8 80 Sept. 8 96 Jan. 30 9146 89 93 Sale ------------7546 101 ------- 9246 5 7 ------Sale 8346 7146 Sale 85 Sale 74 ------- 8546 95 94 Jan. Jan. 8746 88 8746 83 46 88 46 Jan. 2 Jan. 7 Jan. 2 Jan. 2 Feb. 29 Jan. 61 9446 Jan. Jan. 30 546 Jan. 9846 74 46 96 84 346 Jan. N ov. Jan. M ay Aug. 73 46 60 7446 68 8046 Feb. Jan. Jan. Jan. Mar. Jan. Jan. Jan. 8 87 Jan. 8 74 Jan. 16 86 Jan. Jan. Jan. Jan. 6 8546 Jan. 6 7546 7646 7546 7646 7546 Jan. 7 7546 Jan. 13 5246 9346 _____ 9346 ------9146 Jan. 20 101 Jan. 101 101 102 9946 102 100 94 Jan. 9 9446 Jan. 9346 9446 9446 95 89 9946 9156 83 46 9946 Jan. Jan. Jan. Jan. 10046 93 46 8556 10046 71 8546 10146 9356 8456 7546 10546 10146 10056 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7246 Jan. 87 Jan. 103 Jan. 9546 Jan. 8946 Jan. 79 46 Jan. 10546 Jan. 101 Jan. 10246 9246 8046 74 8546 8146 80 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 103 Jan. 93 Jan. 8046 Jan. 74 Jan. 88 Jan. 8446 Jan. 82 46 Jan. 9446 10946 9846 Sale 9446 10846 9846 9256 92 Jan. Jan. Jan. Jan. Jan. 95 10856 99 9346 92 Jan. Jan. Jan. Jan. Jan. 101 83 99 10646 101 8746 7846 78 46 78 46 65 9146 8546 10046 10246 104 Sale Sale 100 Jan. Jan. 102 Jan. Jan. Sale 85 97 9146 Sale 8446 Sale 9946 9946 7146 Sale 8546 Sale 10146 Sale Sale i 94 | 8546 Sale I 7846 Sale ,10546 10046 Sale 9046 9646 10146 10346 Sale 93 8046 Sale 74 73 8546 Sale Sale 82 8046 Sale 90 9346 9446 10846 109 Sale 99 9146 9346 9046 92 89 100 Sale Sale 81 9846 107 46 101 87 46 89 74 77 7446 Sale 7446 Sale Sale 60 8446 Sale 8346 84 100 10046 102 104 10346 10446 10046 93 46 85 9946 Sale Sale Sale 10046 72 46 87 10246 95 8946 79 46 10546 100 46 9046 98 10246 93 46 8046 7246 8746 8356 82 46 9046 9446 10816 9846 9346 9046 Sale Sale Sale Sale Sale Sale 2,385,000 84 23,000 7946 8,921,000 9646 1,268,000 9946 1,223,000 8446 15,000 7846 9,000 101 86.000 9346 6,136,000 8846 6,392,000 10046 18,000 11,850,000 73 46 9,549,000 103 6,470,000 10746 322,000 9946 294,000 86 512,000 8246 245,000 102 162,000 83 46 Sale 7446 Sale 8446 Sale 79 Sale Sale Sale 8546 10046 _____ 10446 101 Sale 83 96 Sale 85 10546 10456 9246 10046 9356 Jan. Jan. Jan. Jan. Jan. 84 Jan. Jan. Jan. Jan. 5 10746 Jan. 90 7946 80 79 6546 91 46 8646 10046 10246 10446 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 86 81 97 101 8646 Jan. Jan. Jan. Jan. Jan. Jan. 28 103 Jan. Jan. 15 9446 Jan. Jan. 2! 8956 Jan. Jan. 6 10146 Jan. Jan. 15, 9946 Jan. Jan. 3 7656 Jan. Jan. 2 10546 Jan. Jan. 6 10946 Jan. 100 Jan. Jan. 86 Jan. Jan. Jan. 8346 Jan. 102 Jan. Jan. 86 Jan. Jan. 9546 Jan. 100 Jan. 8246 Jan. 9946 Jan. 98 46 Jan. 9846 Jan. 10046 Jan. 99 46 Jan. 9656 Jan. 9946 Jan. 8246 Jan. 97 8956 8546 92 55 9056 8946 9846 98 Sale 8446 Sale 10446 Sale 103 56 9246 10156 10146 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 9556 Jan. 10056 Jan. 8346 Jan. 101 Jan. 29 9946 3846 101 9946 9746 Jan. Jan. Jan. Jan. Jan. 9946 Jan. 84 Jan. 97 8956 8646 9246 62 9246 91 9956 98 86 10546 104 56 9246 10146 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8656 Jan. 21 8656 Jan. 26 8646 8846 8646 8646 8846 18 84 81 9646 9956 8446 103 9456 88 46 10056 99 73 56 103 10656 9946 8646 8546 8346 8256 102 10046 8746 8346 5,276,000 8446 8446 3,715,000 10446 Sale 2,488,000 10346 Sale 52,000 91 9246 114,000 10046 101 1,000 9346 ------- 2146 89 Jan. 74 Jan. 74 Jan. 7446 Jan. 5946 Jan. 8456 Jan. 83 46 Jan. 99 56 Jan. 10246 Jan. 103 Jan. Sale Sale 9946 Sale Sale Sale 99 Sale 88 89 9846 9946 9846 9856 10046 10046 9946 100 9746 9846 25 3256 100 82 46 Sale 9546 9546 89 46 8646 Sale 94 90 55 58 9146 Sale 91 9946 Sale 9546 100 83 46 9546 10046 81 10746 Jan. 113,000 9546 96 91,000 100 778,000 8246 83 18,000 1,154,000 99 46 Sale 95 18,000 88 477,000 9846 Sale 18,000 9946 Sale 117,000 100 67,000 9946 9946 49,000 96 9646 129,000 30 3846 907,000 9946 Sale 1,217,000 8246 Sale 7,000 95 46 1,000 9546 97 8946 84,000 8346 8546 725,000 8646 92 62 81,000 57 6,887,000 9146 Sale 168,000 8946 93 4,179,000 9946 Sale 4,000 12,000 25,000 15,000 39,000 9546 Feb. 27 10146 Oct. 29 99 M ay 24 99 M ay 24 100 June 12 10046 July 30 9346 9346 9446 Jan. 95 Vs Sale 84 46 8246 7946 Sale 9646 100 99 46 8446 8546 7846 103 95 93 46 Sale 8946 Sale 10046 9846 Sale 7646 Sale 105 Sale 10846 100 99 56 Sale 8546 83 46 83 102 46 101 Sale 8546 6846 68 8946 8946 9946 9946 io!ooo 1,283,000 534,000 181,000 595,000 1,566,000 2,069,000 1,000 10,000 24,000 12,000 132,000 2,000 686,000 173,000 180,000 ___ 89 8946 9046 93 46 93 46 Sale 11046 11046 38.000 99 46 9946 1 , 000, 7446 77 74% 112,000 100J6 10146 10046 235,000 9246 9446 5 51.000 5 6 646 88 1.176.000 83 46 Sale 2.090.000 7246 Sale 7346 86 2.968.000 85 46 Sale 43.000 7346 73 46 7146 60.000 8546 8646 J 1955 r A 1957 M N 1934 .T J J J 1934 Highest. 14,000 1930 M s Texas & Pacific 1st g 4s. R A N G E FOR Y E A R 1924. JAN U ARY. Jan. 31. 10,000 100^ 101* 104 ___ D .1956 A O .1956 A O .1956 A O 19961J J 1951 J .1 _1938!M S 1929 M N 1955|J J P R IC E S I N Jan. 2. 19 27 2446 Jan. 20 2446 Jan. 20 9556 8346 72 97 100 10056 9856 90 10246 M ay Aug. Feb. Dec. Oct. 17 8 19 27 31 9556 95 9546 8946 9456 Nov. Dec. N ov. Nov. Dec. 18 31 26 25 2 2 12 15 2 16 10056 74 46 100 56 93 46 77 Oct. N ov. July Dec. Oct. 9 12 21 8 25 14 4 7 16 14 8456 7356 87 56 74 88 Dec. Dec. Dec. Aug. Sept. 5 5 4 22 30 Jan. 16 77 Feb. 8 96 56 Dec. 8 100 Jan. 2 9546 June 11 Jan. 23 Dec. 8 Oct. 31 Mar. Jan. Jan. Jan. Aug. 25 N ov. 8 July 19 Dec. 1 3 7 2 11 101 9346 85 46 10046 Jan. 2 7346 Dec. 4 Jan. 2 8746 July 23 Jan. 2 103 46 Aug. 29 Jan. 3 95 June 24 Apr. 23 8656 Dec. 6 Jan. 2 8146 Dec. 6 Feb. 19 10556 Oct. 15 Feb. 26 10056 N ov. 25 Dec. 13 84 56 Dec. 12 Dec. 26 9946 Oct. 9 Feb. 2 103 Sept. 30 July 16 9446 Nov. 21 Jan. 3, 8256 Aug. 4 Jan. 10, 7446 Dec. 30 Jan. 2 8746 Sept. 20 Jan. 7 85 June 19 Jan. 2| 83 N ov. 13 88 Sept. 17 9446 Aug. 21 9156 Mar. 281 9846 Sept. 19 105 Jan. 16 109 Nov. 5 9446 Sept. 17 99 Sept. 27 8846 Jan. 22 9746 July 21 91 Oct. 2 9146 June 17 Sept. 23 8246 Apr. 28 89 95 Jan. 19 102 N ov. 8 7156 Jan. 3 83 Dec. 10 98 46 M ay 13 100 Aug. 8 10746 Jan. 17 108 Feb. 18 10046 Mar. 15 10146 July 11 8446 Feb. 29 9046 Sept. 29 Jan. 29 78 61 Dec. 5 Dec. 5 5846 Jan. 78 43 46 Jan. Dec. 5 78 47 56 Jan. 6146 Dec. 5 6756 Jan. 86 N ov. 10 70 Jan. . 86 N ov. 8 9756 Jan. 29 10146 Sept. 13 10156 June 12 10256 N ov. 8 99 Jan. 12 10546 July 10 8156 Feb. 8646 July 16 8146 May 82 5 June 20 6 92 46 Jan. 10046 Sept. 26 9756 Jan. 10156 Aug. 16 Jan. 80 46 8756 June 28 Oct. 3 82 46 July 83 Aug. 4 10146 Apr. 103 I 9046 Apr. 94 Jan. 19 Feb. 1 85 9056 July 8 I 9546 Jan. July 31 102 Apr. 96 9956 Dec. 10 6946 Jan. 7556 July 19 96 46 Jan. Dec. 2 105 10146 Jan. 10746 N ov. 19 93 46 Feb. Aug. 4 100 7956 Jan. 8646 Nov. 14 76 Jan. 8146 Dec. 11 9746 Mar. 102 56 Aug. 19 8246 Dec. 9256 Oct. 4 6546 8046 9856 8746 72 5856 99 46 9646 8446 9756 98 9146 76 6946 77 46 78 73 92 56 9746 78 56 9446 92 Mar. Feb. Jan. June Jan. 91 98 46 9746 94 46 9146 2046 9646 76 9546 9546 Mar. Dec. Jan. Feb. Jan. Jan. Jan. Jan. Apr. Feb. Oct. 14 Dec. 15 July 30 Sept. 10 101 Sept. 29 90 Dec. 30 100 Oct. 6 99 Dec. 3 103 Nov. 15 101 Sept. 24 100 N ov. 28 3846 Dec. 22 100 Aug. 21 84 July 31 97 July 30 95 46 Feb. 5 8146 91 61 8846 8746 Feb. Dec. Dec. Mar. Mar. Jan. 8656 9956 7056 94 9246 100 Sept. N ov. July July July Aug. 25 1 24 10 19 2 8156 100 10246 8856 93 93 Jan. Feb. Mar. Feb. Aug. Aug. 8846 107 106 93 10056 93 July July Sept. Sept. July Aug. 24 7 19 10 16 14 86 85 8556 20 20 1746 N ov. 95 46 10046 8656 97 46 Jan. 30 8646 Oct. 3 87 Oct. 21 2046 Dec. 8 2656 Dec. lli 2656 Oct. 24 Mar. 22 Sept. 15 Mar. 28 Mar. 18 20 [V ol. 120. General 5s_________________ 1936 Va & Southwest 1st gu 5s_____2003 First cons 50-year 5s_______ 1958 Virginian R y 1st 5s ser A _____ 1962 Wabash 1st gold 5s____________1939 Second gold 5s______________ 1939 Deb B 6 s registered________ 1939 1st lien 5'0-year gold term 4s_1954 Det & Ch Ex 1st g 5s_______ 1941 Des Moines Div 1st g 4s____1939 Omaha Div 1st g 3M s______ 1941 Tol & Chic Div 1st g 4s_____ 1941 W aco & N W Div 1st 6 s______ 1930 Warren RR 1st ref gu 3M ____ Registered . Refunding 4Ms ser A . Winston-Salem S B 1st 4s . . Period BONDS N. Y. STOCK EXCHANGE. 1Interest BONDS-STOCK EXCHANGE RECORD M M M M Q A M Sales in Sales in January 1924. Par Value. (12 Months ) S S S N J O M MN F A J J J J J J J J A O M S MN F A O M F A F A F A A O J J A O N ov M S M S J J J .) A O ,T J F A M S M S J D J !> .) J J J M N J J $ 4,000 1 ,0 0 0 1 0 ,0 0 0 40,000 65,000 567,000 2 2 0 ,0 0 0 118,000 7 ,6 6 6 24,000 29,000 46,000 1 ,0 0 0 9,000 5,000 893,000 5,000 8 ,0 0 0 277,000 64.000 156,000 52,000 13,000 2 0 ,0 0 0 6 6 ,0 0 0 97,000 46,000 3,000 1 0 1 ,0 0 0 39,000 P R IC E S I N Bid. $ 37,000 99 M 57,000 100 M 14,000 99 M 76,000 100 99,000 95 M 590,000 84 M 7,479,000 95 M Ask. Bid. _____ 100M ------_____ 96 M Sale Sale R A N G E FOR Y E A R 1924. JAN U ARY. Jan. 31. Jan. 2. Ask. 100 _____ 100 M _____ 99 M ------10 0 100 M 97 M ------89 Sale 95 M Sale Sale Prices. Sale 98M Apr. 3 100 97 Jan. 3 100 % 99 M June 24 100 Sale Prices. Sale Prices. 99 Vs Jan. 12 100 Jan. 23 99M 100 93 M 84M 95 Jan. 15 99M Jan. 14 100 Jan. 1 0 98 Jan. 2 89 Jan. 5 95 M 2,497,000 100 M 100 M 100 M Sale 100M Jan. 1,725,000 94 M Sale 95 M Sale 94M Jan. 196,000 85,000 77 M 78 Vs 74 % 77 M 77 M Jan. 38,000 99 Vs 100 100 M 99 M Jan. 109,000 80 V 81 % 82 M 83 M 81 % Jan. s Sale 75 74 Jan. 271,000 72 M 74 83 97,000 82 M 84M 102 102 8 ,0 0 0 77 M 77 M 18,000 81M 85 84M Jan. 84 M 85 123,000 §2M 83 81M 82 M 81M Jan. 82 30,000 80 78 M 89 181,000 88 Vs 95 M Jan. 63M Jan. 5,300,000 63 Vs Sale 65 M 100 Jan. 285,000 99 % 100 % 100 M 375,000 80 M 81M 80M 81M 81M Jan. 45 7,000 34 M Sale 92 4,145,000 90 M Sale 90M Jan. 905,000 101M Sale 101M Sale 100 % Jan. Sale 83 81 % Jan. 1,650,000 82 M Sale 849,000 80 M Sale 80 M 81M 79 % Jan. 100 % 100% Jan. 95,000 101 99 Vs Jan. 2 0 1 ,0 0 0 99 M 100 M 99 M 15,000 97 99 M 97 M 99 % 68 Jan. 6 8 M 69 M 69 % 1,460,000 68 72 Jan. 1,643,000 70 72 M 72 % 74 64 M 65 M 63M Jan. 767,000 63 M Sale 23,000 100M 101M 83 83 Vs 81M 83 M 83M Jan. 2 2 0 ,0 0 0 1,073,000 79M 80 M 80 80 M 79 Vs Jan. 87 809,000 85 86 M 8 6 M 85M Jan. 80 6 ,0 0 0 Jan. Jan. Jan. Jan. Jan. Jan. 7 Jan. 20 Jan. 6 Jan. 10 70 74 65 101 % N ov. 98 M July 88 Jan. 79 Oct. 100M N ov. 84 % Aug. 74 M N ov. 85 N ov. 14 31 10 4 IO 7 6 28 16 18 16 1 12 77 M Oct. 78M Jan. 79% Feb. 73 % June 90 May 58 Jan. 97 M Feb. 76M Jan. 36 Oct. 79 M Jan. 92 M Jan. 78 M Jan. 77 % Jan. 98M June 98 Mar. 94 Mar. 53M Jan. 60 Jan. 49 Jan. 99 Jan. 81 Feb. 76 M Jan. 77 Jan. 67 Feb. Jan. 24 Jan. 13 Jan. 1 84M Jan. 9 80 M Jan. 13 87M Jan. 8 5 85 M N ov. 11 22 98 % N ov. 28 26 7M Mar. 28 26: 7M Mar. 24 7 100M Sept. 13 Jan. 11 5 101 1 97% Dec. 2 Dec. 1 2 ! 92 6.107M June 4 Dec. 11 12 99 2 92 % July 24 2 ! 97 Vs N ov. 7 30 106 % N ov. 1 24 103 Jan. 24 2 98 % Sept. 24 10 93 July 10 30 111M Dec. 1 6 3 103 M Sept. 25 Jan. 96 114M June 84 M Jan. Mar. 38 43 M Dec. 94 M May 94 % May Dec. 100 Dec. 93 83 M Jan. M ay 85 96 % Jan. Oct. 97 25 % M ay Dec. 18 96 M Jan. 31 2 14 12 21 28 2 M ay 20 June 1 6 88 M June 30 Oct. 18 96 65 M Aug. 21 100 % Aug. 1 86% M ay 28 38% Feb. 26 93% Aug. 7 N ov. 26 102 84 M July 24 82 M Aug. 14 100 M Oct. 6 100 % Sept.23 99 M Oct. 9 N ov. 7 69 74 M N ov. 10 Oct. 15 65 101 % N ov. 6 84 M Sept. 4 83 % Sept. 25 87% Aug. 12 Sept. 3 83 80 Jan. 74 Vs M ay Dec. 4 5 N ov. 94 Apr. Apr. 82 88 Apr. 82 Jan. 106 M Feb. Dec. 98 87 Vs Jan. 92 Jan. 101 Vs Jan. 96 V Apr. s 92 M Jan. 87 Jan. 92 M June 97 M Jan. 95 Vs Jan. 17 65 % Jan. 22 100M Jan. 7 82M Jan. 5 Jan. Jan. Jan. Jan. Jan. Jan. 5 21 96M Jan. 2 87M Jan. 8 72 Vs Feb. 19 68 Jan. 2 97 Jan. 10 74 M M ay 19 67 % Jan. 30 77% Feb. 20 84M Jan. 30 82 M Jan. 23 92 % 101M 83 81 101M 101 Prices. N ov. July Aug. 98 Apr. 9 100M N ov. 89M Mar. 13 97 July 76M Jan. 9 87 M June 92 M Jan. 2 97 % June 15 14 24 31 27 101M Jan. 19 95M Jan. 19 77 % 100M 82M 75 Highest. Lowest. Highest. 77 M Oct. 103 % Oct. 30 Dec. 22 127 94 July 31 57 July 15 57 July 14 100 M N ov. 24 103 M Dec. 20 101M Dec. 30 96 Vs Dec. 30 87% Jan. 17 97% Jan. 10 N ov. 6 102 Oct. 25 97 Feb. 23 40 Feb. 20 40 99 M Aug. 21 88 89 Industrials M S J D Alaska Gold M deb 6 s A ______ 1925 M S 10-year conv 6 s ser B ______ 1926 M S Amer Agric Chem 1st conv 5s-_1928 A O 1st ref sink fund 7 Ms_______ 1941 F A Amer Chain 10-year s f deb 6 s.1933 A O Amer Cotton Oil deb 5s______ 1931 M N Amer Dock & Impt extd 6 s____ 1936 J J Amer M ach & Fdy s f g 6 s____ 1939 A O Amer Republic Corn s f deb 6 s. 1937 A O Amer Smeltg & R ef 5s ser A _ 1947 A O _ 1 st g 6 s ser B ____________ -.1947 A O _ Amer Sugar Refg 15-year 6 s_ 1937 J J Amer Tel & Tel Coll trust 4s __ 1929 J J Convertible 4s_____________ 1936 M S 2 0 -year convertible 4 Ms____1933 M S 30-year coll trust 5s________ 1946 J D 35-year sink fd deb 5s w i _ 1960 J J _ 20-year sink fd 5 Ms________ 1943 M N 7-year convertible 6 s_______1925 F A Amer Water W ks& E lec coll 5s. 1934 A O _ Amer Writing Paper s f 7-6s_ 1939 J J Temp interchang ctfs o f dep Anaconda Copper Min 1st 6 s . .1953 F A 15-year conv deb 7s________ 1938 F A Andes Copper Min deb 7s w i._ 1943 J J Antilla (Comp Azuc) 1st 7Ms._1939 J J Armour & Co 1st real est 4MS.1939 J D Armour & Co o f Del 1st 5MS..1943 J J Associated Oil 6 % gold n otes..1935 M S Atlanta Gas Lt 1st 5s________ 1947 J D Atlantic Fruit 7s ctfs o f dep— 1934 J D Certif o f deposit stamped_______ Atlantic Refining deb 5s--------- 1937 J J 442,000 1,698,000 148.000 55.000 1.663.000 9.493.000 1.771.000 1,094,000! 19.000 78.000 3.287.000 6.399.000 3.738.000 8.809,000: 10,923,000 570.000 425.000 6,495,000, 85 96 M 3M 3M 98 M 95 M 97 M 91M 106 98 91M 96 104 M 100 96 M 90 % 106 Vs 100 % Sale Sale 5 3M 98 M Sale Sale 92 12.941.000, 2.077.000 2.550.000 968.000 405.000 15.829.000 16.067.000, 147.000 301,000' 3.587.000 7.826.000 5.330.000 17.000 477.000 442.000 1.323.000 101M 126 92 M 45 M 46 99 M 102 % 100 Sale Sale Sale Sale Sale Sale Sale Sale 85 91M 101 Vs 97 20 22 97 M Sale 87 M 92 % Sale Sale 102 M ------- 97 M 18 Sale Sale ___ Sale 98 M 17.000 Baldwin Locom Wks 1st s f 5s. 1940 M N 15.000 Baraqua (Comp Acucar) 7 M s. 1927 J J 146.000 Barnsdall Corp conv 8 s______ 1931J J 243.000 Bell Telephone of Pa 1st 5s B ..19 48 J J 127.000 Bethlehem Steel 1st ext s f 5 s .. 1926 J J 1st & refund 5s gu ser A ___ 1942 M N 195.000 20-year pur & imp s f 5s____1936 J J 260.000 Cons 30-year s f 6 s ser A ____1948 F A 1,003,000 560.000 Con 30-year s f 5Ms B ______ 1953 F A 90.000 Booth Fisheries deb 6 s________ 1926 A O 198.000 Brier Hill Steel 1st 5 Ms--------- 1942 A O 82.000 Broadway & 7th Av 1st con 5s. 1943 J D 44.000 Ctfs o f dep stpd Dec ’24 int_________ 196.000 Brooklyn City RB 1st 5s_____1941 J J 766.000 Bklyn Edison Inc gen 5s A ____1949 J 53.000 General 6 s series B _________ 1930 J General 7s, series C -------------1930 J 4,506.000 Bklyn-M Tr R T Sec 6 s--------- 1968 J 106,000 Bklyn Q Co & Sub gtd 5s_____1941 M N 1,000 1st 5s stamped_____________ 1941 J Brooklyn Rapid Transit g 5s. .1945 A O Trust co ctfs deposit___________ 1st refund conv 4s g ________ 2002 3-year seemed notes 7s--------1921 Trust Co. ctfs deposit________ do stamped_______________ 38.000 Bklyn Un El 1st g 4-5s_______ 1950 F 18.000 Stamped guaranteed_______ 1950 F 66,000 Bklyn Union Gas Co 1st g 5 s .. 1945 M N 15.000 10-year conv deb 7s________ 1932 M N 53.000 1st 1 & ref 6 s A _____________ 1947 M N Buffalo & Susq gen s f 5s_____ 1932 J D 9.000 Bush Terminal 1st 4s-------------1952 A O 67.000 Consol 5s__________________ 1955 J 114.000 Buildings 5s gu tax ex______ 1960 A O 322.000 481.000 1.840.000 3.866.000 1.083.000 983.000 2.107.000 10.806.000 3.956.000 250.000 2.307.000 713.000 102.000 102 Sale 102 M 103 % 101 Sale 105 Sale 101 100 M 100 % Sale 95 M Sale 92 M Sale 95 M Sale 87 M 82 M 83 99 Sale Sale 75 M 73 M 75 M 91M 92 Sale 99 M 104 % 104 M 108 M Sale 87 M 67 68 M 73 M 95 65.000 Cal G & E Corp unif & ref 5s. .1937 M N 245.000 .1933 A O California Petroleum 6 MS 29.000 ------ d 7s------1942 A O Camaguey Sugar sink fd 7s 81.000 Canada Steamship Lines 7s— 1942 M N 7s— 52.000 Canadian General Electric 6s..1942 A O 5.000 Central Dist Tel 1st 30-year 5s. 1943 J D 8.000 Central Foundry 1st sink fd 6 s. 1931 F A 410.000 Central Leather 20-year gold 5s 1925 A O 1,000 Registered_____________________ A O 20.000 Central Steel 1st sink fd 8 s____1941 M N 29.000 Chic Gas L & C 1st gu g 5s------1937 J J 349.000 Chicago Rys 1st 5s----------------1927 F A 1,369,000 Chile Copper conv 6 s ser A ___ 1932 39.000 Cine Gas & El 1st & ref 5s------1956 64.000 40-year prior lien 5 Ms Jan 1961 B 4,000 Clearfield Bit Coal 1st 4s------- 1940 36.000 Colo Fuel & Iron Co gen s f 5 s .. 1943 54.000 Colo Indus 1st coll tr 5s gu------1934 133.000 Columbia Gas & El 1st 5s_____1927 193.000 Stamped-------------------------------- 612.000 2.900.000 741.000 901.000 1.014.000 199.000 106.000 7.789.000 52,000 135,000 10,000 5,000 73.000 869.000 368.000 68.000 57.000 199.000 588.000 349.000 405.000 1.387.000 336.000 32.000 1.119.000 1.786.000 1.612.000 935.000 353.000 37.000 46.000 1.895.000 2.168.000 329.000 217.000 342.000 777.000 349.000 1,000 89.000 2,000 86.000 Sale Sale Sale Sale Sale Sale Sale Sale 100 M 102 M 102 M 100 M 93 % 90 M 94 85 M 80 % 97 M 73 m 72 87 M 1.534.000 99 M 545.000 103 M 511.000 105 68,492,000 82 M 219.000 6 6 M 241.000 11.000 55.000 3,000 64.000 472.000 394.000 340.000 657.000 520.000 672.000 2.813.000 562.000 22.000 82,000 581.000 1.179.000 381.000 270.000 4.941.000 7.348.000 592.000 996.000 231,000 1.413.000 1.884.000 1.558.000 95 85 95 M 3M 3M 99 M 100 97 % 92 M 106 % 98 M 96 97 105 101M 96 M 96 5 5 100 Sale Sale Sale 108 99 M Sale Sale 105M Sale Sale 90 Vs 90 M H IM 113 100 M Sale 95 M Sale 101M Sale Sale 128 Sale 95 Sale 48 45 M Sale Sale 101 103 M Sale 100 100M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 98 Jan. 91M Jan. 95 M Jan. 103 Vs Jan. 99M Jan. 96M Jan. 89 M Jan. 110M Jan. 100M Jan. 95 Jan. 101 Jan. 125% Jan. 92 M Jan. 45 M Jan. 43 M Jan. 99M Jan. 102M Jan. 100 Jan. 91M Jan. 85 Jan. Sale Sale 91M Jan. Sale 101 M Jan. 97 % Jan. -----20 Jan. 25 39M 22 Jan. 98 M 87 M Jan. 103 103 M Sale Sale 101 Sale Sale Sale Sale Sale Sale 75 % 75 M 93 M Sale 105 102 Jan. 103 Jan. 102 M Jan. 100M Jan. 100M Jan. 93 M Jan. 90 % Jan. 93 M Jan. 85M Jan. 82M Jan. 97 Jan. 72M Jan. 73 Jan. 90M Jan. 99M Jan. 104M Jan. 87M 96M 5 5 100 100 M 98 93 M Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 100 Jan. 96 M Jan. 97 Jan. 106M Jan. 102 Jan. 96M Jan. 91 Jan. 115 Jan. 101M Jan. 97M Jan. 102 M Jan. 130M Jan. 95 Jan. 48 Jan. 46M Jan. 101M Jan. 104 Jan. 100M Jan. 93 M Jan. 87 M Jan. 92 M Jan. l02M Jan. 97 % Jan. 24 Jan. 22 Jan. 99 Jan. 103 JanJ 104 Jan. 105 Jan. 101 % Jan. 101% Jan. 95 M Jan. 92 M Jan. 96 Jan. 8 8 M Jan. 84 % Jan. 99% Jan. 75 % Jan. 75 M Jan. 93 Jan. 99 % Jan. 5 104 M Jan. Sale 82 % Jan. 69 M 6 6 M Jan. 80 Jan. 88 71 80 Jan. Jan. Jan. 80 80 83 M Sale 83 M Sale 83 M 83 M 83 M 83 % 99 M 1 0 0 % 100Vs 100% 135 - 108M - 91M ------- 91M ------84 Sale 86 ___ 86 M 8 6 M 8 6 M 86M 95 Sale 94 M 95 M 99 M 100 % 93 96 M 107 M 100 M 95 M 100 M 99 M 110M 99 M 83 M 110M 99 M 101M 77 M 90 80 M 100 M 100M 85 94M 5 5 98M 94 % 96 M 91M 99 M Sale 93 M 97 M 107 Vs 100 M 96 M Sale 100M Sale Sale Sale Sale 87 92 Sale Sale Sale 83 83 99 % 158 107 % Jan. 5 83M Jan. Jan. 13 83 Vs Jan. Jan. 5 103M Jan. Jan. 13 163M Jan. Jan. 2 108% Jan. Jan. 2 8 6 Jan. Vs Jan. 5 89 Jan. 93 Vs Jan. 14 95M Jan. 84 86 99 Vs Jan. 100 99 Sale 100% Jan. 103 93 93 % 93 Jan. 96 % Jan. 99 % Sale 107% 107M Jan. 100 V8 100 M 100M Jan. 92% 96 95 % Jan. 100 M Sale 100M Jan. 99 M 100 % 99 % Jan. Jan. 112M Sale I l l 98 % Jan. 98 % Sale 82 Vs Jan. 84 V Sale s 109 M Sale 109 Jan. 99M Jan. 99 M 100 100 M 101 % 100M Jan. 80 Jan. 78 87 Jan. 92 % 91 91 s 81M 82 V 80 Jan. 100 M 100 Vs 100M Jan. Jan. 100 % Sale 1 0 0 5 99 Vs Jan. 103 Jan. 93 Jan. 3 99 % Jan. 3 107% Jan. 6 100M Jan. 8 95 % Jan. 2 0 100M Jan. 14 99% Jan. 3 114 Jan. 31 99% Jan. 13 85 % Jan. 27 I llM Jan. 6 100Vs Jan. Jan. 3(1 1 0 2 15 80 Jan. 13 92 % Jan. 14 82 % Jan. 7 101 yi Jan. 2 1 101M Jan. 2 10 Sept. 20 19 99 M Feb. 18 104 3 100 Jan. 10 104 % N ov. 15 10 104 Oct. 15 22 Feb. 8 1 0 1 ^ Sept. 28 30 Aug. 2 0 Jan. 7 1 0 1 27 99 M ay 14 97 y Aug. 14 27 Apr. 30 9 1h Jan. 16 29 Feb. 4 31 88 July 7 1 0 0 July 1 13 84 N ov. 7 97 Apr. 28 89 y Feb. 4 12 70 Jan. 5 97 > Oct. 16 28 93 A Jan. 4 77 June 30 26 60 Dec. 18 Jan. 3 74 28 60 Sept. 26 Jan. 23 94 23 87 1 0 2 M June lb7 97M Jan. 107 Dec. 27 7 102M Jan. 109 Feb. 14 105M Apr. 84 % Dec. 5 31 72 M Jan. 70 M N ov. 21 10 63 % Apr. 80M Oct. 27 27 80 Jan. 101 June 26 78% Jan. 96 July 30> 96 July 81M Oct. 14 64M Jan. 109 M Sept. 3 97M Jan. 120 N ov. 21 96M Jan. 117M Dec. 13. 92 % Jan. 85 % July 24 13 80M Jan. Jan. 85 M July 24 5 81 100M N ov. 5 1 96M Jan. 19 114 Apr. 23 163 M Dec. 16 3 108 M Dec. 2 2 1 103M Jan. 89 % Mar. 13 93 M July 21 81 Jan. 11 8 6 Vs June 4 22 15 83 % Mar. 21 8 8 Vs June 16 Jan. 11 97 % July 22 30 91 96 M 95 92 M 31 91 2 0 102 Vs 29 97% 7 89 M 15 92 M 14 2 2 107 % 14 93 M 19 74 14 99 26 94 2 96 % 15 12 87 M 26 75 6 30 10 2 12 Apr. Jan. Oct. Jan. Jan. Jan. June Mar. 100M Aug. 25 102 N ov. 20' 97% Jan. 2699% N ov. 19 107% Dec. 3 Aug. 18 101 97 M N ov. 11 100 Vs Aug. 26 Feb. Jan. Jan. Jan. 110M 100 89 112 100 Vs 102 M M a r. Jan. Apr. Jan. 96% Jan. 96% Jan. Dec. N ov. Dec. Dec. July N ov. 27 199 29 16. 14 93% Dec. 18 82 M Dec. 6 101M N ov. 5 100 Vs Sept. 23 Feb., 1925.] Sales in Sales in January 1924. Par Value. (12 Months) BONDS N. T . STOCK EXCHANGE. CoP&*9th A v 1st gu g 5s.............1993 M S Columbus Gas 1st g 5s________ 1§32 J J Commercial Cable 1st g 4s____2397 Q J Commercial Credit s f 6s______ 1934 M N _ Com'wealth Power 25-yr 6s_ 1947 M N Computing-Tab-Record s f 6s. .1941 J J Conn R y & Lt 1st g 4 % s______ 1951 J J Stamped guar 4% s__________1951 J J Consol Coal M d 40-yr 5s______ 1950 J D Cons Pr & Lt 1st & ref 6% s A . .1943 M S Cont Paper & Bag Mills 6%s__1944 F A Consum Gas Chic 1st gu g 5 s..l9 3 6 J D Consumers Power 1st lien 5s_ 1952 M N _ Corn Prod R ef gold s f 5s______ l93 l M N 1st 25-year s f 5s____________1934 M N Crown Cork & Seal 1st s f 6s_ 1942 F A _ Cuba Cane Sugar conv 7s_____1930 J J f" Conv deb stamped 8 % _____1930 J J Cuban-Amer Sug 1st coll 8s_ 1931 M S _ Cuban Dom Sug 1st 7% s_____1944 M N Cumb T & T 1st & gen 5s_____1937 J J Denver Gas & El 5s__________ 1951 Dery (D G) Corp 1st 7s_______ 1942 Detroit Edison Co 1st 5s______ 1933 1st & ref 5s Series A ____July 1940 1st & ref 6s Series B ____July 1940 Det United 1st cons g 4% s____1932 Dold (Jacob) Pack 1st 6s______1942 Dominion Iron & Steel 5s_____ 1939 Donner Steel 20-year 7s_______ 1942 du Pont (E I) Powder 4 % s___ 1936 du Pont defNem & Co 7% s___ 1931 Eastern Cuba Sugar 7% s______ 1937 M Ed El 1 1 Bkn 1st con g 4s____ 1939 J 1 Ed El 1 1 N Y 1st cons g 5s___ 1995 J 1 Elkhorn Coal conv 6% n otes..1925 J Empire Gas & Fuel 1st & ref 7 %s '37 M Equitable Gas 1st con 5s______ 1932 M Federal L & Tr 1st s f 5s______1942 M 1st lien s f 6s stmpd________ 1942 M Conv deb 7s A _____________ 1953 M Federated Metals conv 7s_____ 1939 J Fisk Rubber 1st s t 8s________ 1941 M Ft Smith Lt & Traction 5s___ 1936 M Frameric Ind & Dev 20-yr 7 %s 1942 J Francisco Sugar 20-yr 7% s____ 1942 M S 17.000 4,090 16.000 122,000 315.000 48,000 9.000 204.000 152.000 86,000 5.000 446.000 11,000 45.000 225.000 615.000 112.000 391.000 178.000 $ 22,000 33.000 410.000 39.000 4.124.000 503.000 9.000 85.000 2.015.000 331.000 478.000 211.000 2.787.000 4.000 245.000 300.000 1.867.000 5.228.000 1.981.000 746.000 602.000 8 99 72 99 % 98 101% 89 % 92 87 100% 89 98 % 91 100 101 77 94 99 % 107 % 96 % 97 % 105% Sale 89% 92 102% ------100 Sale 97% Sale 9 9 % ------99% Sale 99% Sale 115% 118 104 Sale 108 Sale 7 8 % ------92% Sale 104% 105 10.000 1.000 68,000 6,000 108,000 385.000 362.000 28,000 480.000 758.000 Illinois Bell Telep 1st & ref 5s A 1936 J D 259.000 Illinois Steel deben 4% s_______ 1940 A O 77.000! Ind Nat Gas & Oil ref 5s______ 1936 M N 127,000' Indiana Steel 1st 5s__________ 1952 M N 5.000 Ingersoll Rand 1st 5s___ Dec 1935iJ J Inter-Metropolitan coll 4%s__1956 A O 1.000 Trust Co ctfs of deposit_________ _ 16% stamped________________ _ 925.000 Interboro R T 1st & ref 5s___ 1966 J J Stamped_____________________ J J 1,171,000 525,009 10-year 6% notes___________1932 A O 671.000 10-year 7% notes___________1932 M S 19.000 Int Agri Corp 1st & coll tr 5 s .. 1932 M N 60.000 S ampe i extended to_____1942 ____ 689.000 Int Merc Marine 1st s f 6s_____ 1941 A O 362.000 Intern Paper conv 5s Ser A ____ 1947 J J 1st & ref s f 5s Ser B ................1947 J J Jurgens Works 6s (fla t) _______ 1947 J J 1,367.000 407.000 Kansas City Power & Lt 5s____ 1952 M S 267.000 Kansas Gas & El 1st s f 6s.,____ 1952 M S 60,000; Kayser (Julius) & Co 7s_______ 19 i2 F A 307,000' Kelly Springfield Tire 8s______ 1931 M N 11.000 Keystone Telephone 1st 5s____ 1935 J J 18,000 Kings Co E L & Pow g 5s_____ 1937 A O 23.000 Purchase money 6s_________ 1997 A O 9,000 Kings Co Elevated 1st g 4s____ 1949 F A 45.000 Stamped guaranteed_______ 1949 F A 15.000 Kings Co Lighting 1st ref 5s___1954 J J 17.000 1st 644 s ___________________ 1954 J J Kinney (G R) Co conv 7% s___ 1936 J D 15.000 M S A O F A J J J J J J M S A O F A A O F A MN 137.000 65.000 458.000 11.000 27,000 2 0 ,0 0 0 51.000 214.000 78.000 171.000 602.000 947,000! 1.133.000 1.748.000 36.000 195.000, 5,000' 362.000 829.0001 2.139.000 499.000 1.130.000 2.774.000 156.000 45.000 851.000 190.000 230.000 13.000 55.000 2,000 232.000 15.000 70.000 1,000 23.000 3.920.000 2.790.000 4,833,000, 3.969.000 610,000! 188.000 2.370.000 247.000 871.000 330.000 1.768.000 5.833.000 974.000, 636.000 673,000| Sale Prices. Sale Prices. Jan. Jan. Jan. Jan. Jan. Jan. 93 89 Jan. 88% 86% Jan. Sale 100% Jan. 89 87% Jan. 99% 98% Jan. Sale 90% Jan. 92 88% 101% 89 98% 93 Jan. 2 Jan. 24 Jan. 28 Jan. 5 Jan. 8 Jan. 16 Sale 100% Jan. 75% 75 Jan. Sale 93% Jan. Sale 99% Jan. Sale 107% Jan. Sale 96% Jan. 98 97 Jan. 101% 77 96 101 108% 97% 97% Jan. 6 Jan. 2 Jan. 27 Jan. 21 Jan. 12 Jan. 6 Jan. 2 Sale 78 92% Jan. 75 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 104% Sale 91 91% 101 100 Sale 100% Sale 98% 90 102 Sale 115% 133 103% 104% 110 Sale 77% 94% Q5 105 105% Mar. 93% July 77 July 101% Jan. 101 Jan. 107% Feb. 95 Dec. 87 Nov. 79% M ay 92 Feb. 92% Feb. 108% Feb. 107% Feb. 8 106% Sept. 2 104% Nov. Aug. Nov. Aug. Dec. Dec. Aug. Jan. Feb. Aug. June N ov. Nov. Dec. 3 14 13 26 4 10 15 11 15 14 17 29 13 29 102% 89 98% 96 88% 93% 80 87% 99% 98 98% 77 84% 101% Oct. Feb. Jan. Jan. June Jan. Feb. Dec. Jan. N ov. M ay Oct. Jan. Jan. Feb. Sept. Dec. Dec. N ov. Dec. Dec. N ov. Dec. Dec. N ov. Aug. Aug. N ov. 6 11 11 29 1 10 10 29 15 31 17 4 9 8 98% 98% 101 105% 104% 83 Sale 101% Sale 100% Sale 93% Sale 100% Sale 119 Sale 108% 99% 93% 96 93% Sale 95 95% 92 Sale 89% 101 100% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jah. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 98% 101% 105 84 105% 101% 1/94% 102% 120 109% 95 94 99% 95 91% 101 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8 4 % ------- 83% Jan. 84 8 2 % _____ 82% Jan. 86 86 % 85% Jan. Sale 93% 94 92% Jan. 94 Sale 103% Sale 103% Jan. Sale 101% Sale 100% Jan. 85 Sale 79 Jan. Sale 98% Jan. 98 h 98% Sale 99% Jan. Sale 100% Sale 85 82% 86% 93% 104% 102% 85 98% 101 Sale 97 Jan. Sale 92% Jan. Sale 87% Jan. Sale 101% Jan. Sale 99% Jan. _____ 11 Jan. 10 _____ Sale 68 Jan. Sale 67% Jan. Sale 72 Jan. Sale 92% Jan. 83 69% Jan. Sale 61 Jan. Sale 88 Jan. Sale 87% Jan. Sale 88 Jan. Sale 95% Jan. Sale 98% Jan. Sale 101% Jan. 98% 97 Jan. 84% 82 Jan. 100% Jan. 114% Jan. 75 Jan. 77% 74% Jah. 93 89 Jan. Sale 103% Jan. 107% 107% Jan. 85% Sale Sale Sale Sale Sale Sale 85 Sale 145 Sale 134 Sale Sale Sale 92 101 85% Sale 126% 100 63 54% 99% 85% 99% 130 130 106 125% 104% 102% 93 100% Sale Sale Sale Sale 100 Sale Sale Sale 133 106% 15 111 21 92 3 101% 30,100 3 98 8 100 27 100 23 98% 24 130 20 104 9 109% 81 97% 107 Jan. 15 98 N ov. 11 101 80 100 98% Jan. Mar. Apr. Jan. Oct. Dec. N ov. Sept. 93% 114% 100% 91 91% 89 78 91 98 Apr. Jan. Apr. July Nov. Jan. June Nov. Jan. 100% Dec. 22 120% N ov. 20 110% N ov. 17 93 94 97% 96 93% 102% N ov. Sept. Aug. Jan. Dec. Dec. 15 3 19 22 10 9 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 79% 79% 81% 92 100% 99% 73 94% 96% Feb. Mar. Apr. Feb. Mar. Dec. June Jan. Jan. 83% 79% 86% 95% 104 100% 84% 99% 100% Dec. Mar. July Oct. Aug. Dec. Feb. Sept. N ov. 9 25 7 2 21 31 8 9 5 97% 93% 91 102% 99% 11 Jan. Jan. Jan. Jan. Jan. Jan. 70 69% 76% 93% 72% 71% 91 % 89% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 90% 97% 100% 103 98% 82% 101 118 75% 76 88% 104% 108% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 93% 91% 82 99% 100 9 5% % 58% 58% 54% 82% 46% I 45 ! 79% 83 83% 73% 89 93 97 86% 73% 98% 110% 69% 69 77% 95 101% Feb. Jan. Apr. Feb. July Dec. M ay Oct. Jan. Jan. Jan. May May Apr. Jan. Jan. Jan. Apr. Jan. Jan. June June Jan. Apr. Jan. Jan. M ay Jan. Jan. Jan. 98% 95% 91% 104 100 11 10 2% 71% 72% 90% 94 72% 63% 90 88 85 91% 96% 99% 105% 105% 86% 103 116% 76 75% 88% 104 105% July 24 Oct. 22 Oct. 9 N ov. 8 July 17 Jan. 22 Oct. 2 M ay 20 Aug. 4 July 17 Mar. 24 Dec. 6 Jan. 11 Dec. 16 Aug. 16 June 12 Jan. 15 Dec. 31 Dec. 2 Sept. 27 Jan. 3 Jan. 14 Oct. 24 Aug. 11 Dec. 15 Mar. 3 Dec. 16 Dec. 23 Oct. 31 Dec. 23 Jan. Jan. Jan. Jan. Jan. 91 % 99 96% 97% 101 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 41 118 99 115% 97 93 Jan. Jan. Jan. Jan. Jan. Jan. 88 91% 91% 91 91 87% 32% 114% 95% 114% 95 88% Jan. Jan. M ay Jan. Jan. Apr. Mar. Mar. Apr. 93 98% 96% 95% 101 88% 43% 119 100 118% 99 93% Mar. Nov. Dec. Dec. July Sept. Aug. N ov. Oct. N ov. N ov. N ov. 85% Jan. 121% 99 62 54% 97% 85 98% 130 105 130 105 105% 105 103% 102% Sale 91 % 100% 100% Apr. 7 N ov. 18 June 30 Dec. 26 Oct. 1 Oct. 9 July 23 Dec. 3 Jan. 30 July 16 Sept. 11 July 22 Dec. 22 Feb. 13 Oct. 4 Jan. 11 July 28 July 28 Aug. 25 Dec. 10 Oct. 15 84% 67 99% 95 104 84% 79 58 77 90 106% 106% 103% 102 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 120 108% 93% 99% 93% 99% Sale 93% 95 90% Sale 102 100 7 22 99 5 76% 26 99% 4 98% 8 103 28 88% 12 89% 17 90% 1 101% 30 94 23 99 18 99 13 100% 2 101% 21 85 2 98 7 101% 6 108% 30 97% 2 98% 93% Jan. 79 Jan. 102 Jan. 101% Jan. 108 Jan. 92 Jan. 87 Jan. 68% Jan. 91% Jan. 90% Jan. 108% Jan. 107% Jan. 106 % 2 Jan. 106 Jan. 105% 93 101% 100 101% 100 94% 102 136 106% 110% 78% 95 106 102 % 102% Sale Prices. Mar. Mar. Dec. Jan. Jan. July Jan. July Mar. Oct. Dec. Mar. Feb. Jan. July Jan. Jan. Apr. Dec. Apr. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale Sale Sale 29 24 15 3 12 28 Sale Prices. N ov. 19 5 93% 70 99% 87 98 87% 80% 85 95% 88 91% 86% 100 % 98% 71% 91% 97% 107 96% 94% 104 91 101% 100 97% 98% 88 96% 116 104 108 76% 92% 104% 90% 91 89% Sale 89% 98% 99 98% Sale 98% 95% Sale 96% Sale 95% 9 7 % -----95 96 95% 100 101 Sale 100 101 91 39% 55% 41% . . . 41 117% Sale 117% 117% 117% 99 Sale 97% 98 Sale 114% Sale 114% 115% 114% 96% Sale 96 96% Sale 92% Sale Sale 90% 91 132 99% 63% 54% 98 84 99 126% 105% 125 105% 105% 102% 91% 100% 14 24 13 26 5 2 Highest. Lowest. 12 98% 72% 99% 100 103 Jan. Jan. Jan. Jan. Jan. Jan. 100 Sale 99% Sale 106% 92% 90% Sale 82 Sale 65 Sale 88% 90% Sale 107% 107% 105% Safe 105 104% 104 97% 6.978.000 97% Sale 93% 1.907.000 93% Sale 381.000 88% Sale 90% 1.013.000 101% Sale 102% 12.000 9 8 % ------- 99% 38.000 11 11 ____ 12.000 7 6 10 55.000 1 0 % ------- 10 69% 11.935.000 68 Sale 69% 14.717.000 67% Sale 75% 7.168.000 73 Sale 92% 8.525.000 93 Sale 71 619.000 67 70 70 213.000 61 Sale 5.634.000 88% Sale 91% 3.146.000 88% Sale 88% 404.000 90% Sale 4.541.000 88 4.521.000 96% Sale 97% 2.935.000 98% Sale 100 1.265.000 102 Sale 102% 98% 3.721.000 97% Sale 82% 294.000 82 84 141.000 100 % Sale 101 % 117% 112.000 116% 185.000 75 75% 76% 164.000 75 75% 76% 89% 126.0001 88% 90 104% 256,000; 103% 106% 449,000| 106% F A 1,000 100% 119% 108% 92 98 95 92 91 101% 40.000 83% 3,000 82% 715.000 85% 266.000 93% 2.088.000 104 200,000 100% 879.000 79% 323.000 98 4.064.000 99% Magma Copper conv 7s_______ 1932 J D Manati Sugar 1st s f 744 s______ 1942 A O Manhattan R y (N Y) con g 4s. 1990 A O 2d 4s_______________________ 2013 J D Manila Electric 1st ref 7s______ 1942 M N Manila El R y & Lt 1st 5s______ 1953 M S Market St R y 1st 7s_____Apr 1940 Q -J Marland Oil 8s with warrants.. 1931 A O Without warrants____________ 10-yr 7 44s with warrants Apr 1931 Without warrants____•_______ _ Maxwell Motors conv 7s______ 1934 Metropolitan Edison 1st 6s B ..1952 1st & ref 5s Series C ________ 1953 Metropolitan Power 1st 6s A . .1953 51.000 52.000 52.000 93 77% 101% 100 % 107% 91 86 66 90% 91% 108 29.000 98 98% 98 101% 193.000 1 0 4 % ------- 105 84% 320.000 84 Sale 1,391,000 105% Sale 102 615.000 100% Sale 101% 3.528.000 4.402.000 6.806.000 128,000 54.000 375.000 177.000 1.958.000 335.000 Highest. 14 *9% 98% 98% 76 72% Sale 99 Sale 97% 101% 5.064.000 145.000 42.000 105.000 10,698,000 862.000 611,000 532.000 954.000 494.000 2.745.000 110.000 1.844.000 755,000 7.000 10,000 21,000 22,000 55.000 86.000 123.000 513.000 433.000 209.000 75.000 60.000 147.000 106.000 206,000 65.000 Ask. Lowest. 12% 12 98% 72% 73 Sale 99% Sale 99% Sale 103 91% 90 Sale 90% Sale 88 Sale 101% 90% 88 99% 98% Sale 93 100 100% Sale 75% 94% 95% Sale 100% Sale 107% 97% Sale Sale 97% 286,000 S 232.000 J 15.000 J 30.000 D N 2,499,000 15.000 S 39.000 S 81.000 S 126.000 S 275.000 D 236.000 S 9.000 172.000 18,000 N 92 % 75 100% 100 107% 91% 81% 66 89% 89% 108 6.000 107% 3.530.000 106 635.000 104% Jan. 31. Ask. Bid. 92% Sale 101 Sale Sale 92 82 69 Sale 90% Sale 107% Sale Sale Hackensack Water 1st 4s_____ 1952 J J Hartford Street R y 4s________ 1930 M S Havana El Ry Lt & P 5s______ 1954 M S Havana Elec Ry cons g 5s_____ 1952 F A Hershey Chocolate 1st s f 6s___1942 M N Hoe (R) & Co 1st 6% s A ______ 1934 A O Holland Amer L 6s {fla t) ______ 1947 M N Hudson County Gas 1st 5s____ 1949 M N Humble Oil & R ef 5 % s_______ 1932 J J Bid. 1.727.000 531.000 524.000 2.026.000 2.077.000 1.793.000 106.000 558.000 909.000 41.000 3.493.000 Gas & Elec (Bergen Co) 5s____ 1949 J D Gen Asphalt conv s f 6s_______ 1939 A O Gen Baking 1st 25-yr 6s______ 1936 J D General Elec deb g 3 % s_______ 1942 F A Debenture 5s_______________ 1952 M S Gen Refractories 1st 6s_______ 1952 F A German General Elec 7s w i___ 1945 J J Goodrich (B F) Co 1st 6 % s____ 1947 J J Goodyear Tire & Rub s f 8s____ 1941 M N 10-year deb s f 8s______M ay 1931 F A Granby Con M S & P 1st 6s___l928 M N Stamped________________________ M N Conv deben 8s______________ 1925 M N Gray & Davis 1st conv 7s_____ 1932 F A Gt Cons El Pow (Japan) 7s____ 1944 F A Great Falls Power 1st s f 5s____ 1940 M N R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. 122.000 89.000 39.000 158.000 138.000 136.000 69.000 35.000 64.000 1,000 239.000 1,000 107.000 126.000 MN M S J J M S M S J J MN M S J J J D MN J D Duquesne Lt 1st & coll 6s Ser A 1949 J J 1st coll tr 5% s Ser B ________ 1949 J J Lackaw Steel 1st cons 5s Ser A . 1950 Laclede Gas L ref & ext 1st 5s_.1934 Coll & ref 544 s Series C _____1953 Lehigh Coal & Nav 444s____ -.1954 Lehigh Valley Coal 1st 5s_____ 1933 1st 40-yr gu int red to 4 % _ 1933 _ Lex A v & Pav F ’y 1st gu g 5s_1993 Liggett & M yers Tobacco 7s___1944 5s__________________________ 1951 Lorillard (P) Co 7s____________1944 5s_____________________ 1951 Louisv Gas & El 1st & ref 5s___1952 Lower Austrian Hydro-Elec Co— 1st s f 644s_________________ 1944 21 BONDS-STOCK EXCHANGE KECORD Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 85% Jan. 132% 100% 63% 54% 100 8.5% 99% 140 106% 130 105% 105% 103 % 93% 101% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 94 Mar. Jan. Jan. 8 4 16 4 105% 84% 105% 102 10 9 12 26 5 26 6 8 16 23 7 21 10 17 14 7 85% Dec. 24 85% Dec. 24 108% 97% 56 47 94% 82% 97 116% 101 % 117 98% 101 % 97% 86% 94% June June Jan. Jan. Jan. Aug. Nov. M ay June M ay Jan. Nov. Jan. Jan. Jan. Dec. 29 Mar. 17 Nov. 11 Sept. 30 M ay 2 N ov. 5 June 12 Feb. 4 Oct. 28 Feb. 28 N ov. 1 112% Dec. 16 103 N ov. 11 91% N ov. 11 N ov. 8 102 137 101% 65 58 99% 88 100% 140 106% 141 106% 22 [Vol. 120. BONDS-STOCK EXCHANGE RECORD BONDS N. Y. STOCK EXCHANGE. Sales in Sales in January 1924. Par Value. (12 Months) M et West Side Elev (Chicago) 4s ’38 F A Midvale St & Ord conv s f 5S..1936 M S Milwaukee El R y & Lt cons 5s_1926 F A Refunding & ext 434s______ 1931 J J General & refunding 5s A _ 1951 J D _ 1st & ref 5s ser B __________ 1961 J D 1st & ref g 6s series C _______ 1953 M S Milwaukee Gas Lt 1st 4s______ 1927 M N Montana Power 1st & ref 5s A_1943 J M ont Tram 1st & ref A 5s____ 1941 J Morris & Co 1st s f 434s______1939 Mortgage-Bond Co 4s ser 2_ 1966 _ 10-20-year 5s series 3 ______ 1932 Murray Body 1st 634 s________ 1934 Mutual Fuel Gas 1st gu 5s____1947 M N Mutual Union Tel 5s_________ 1941 M N $ 1,000 709.000 55.000 10.000 98.000 133.000 165.000 86.000 338.000 164.000 192.000 3.000 263,000 4.000 Nassau Elec guar gold 4s_____ 1951 J J 87,000 Nat Enam & Stp 1st 20-yr 5s_ . 1929 J D National Acme 1st 7 34s_______ 1931 J D 81,000 Nat Starch 20-year deb 5s____1930 J J 4,000 National Tube 1st 5s_________ 1952 M N 26,000 Newark Con Gas 5s. __________ 1948 J D 30.000 New England T & T 30-yr 5s. .1952 J D 369.000 N Y Air Brake 1st conv 6s___ 1928 M N 28.000 N Y Dock 50-year gold 4 s ____1951 F A 20,000 N Y Edison 1st & ref 634s___ 1941 A O 162.000 N Y Gas El Lt Ht & Pow 5S ...1948 J D 88,000 Purchase money coll tr g 4s. 1949 F A 2 , 111,000 N Y L E & W Coal & RR 534s_1942 M N N Y Munic Ry 1st s f 5s______ 1966 J J N Y Queens E L & P 5s______ 1930 F A 5.000 New York Rys 1st & ref 4s___ 1942 J J 82,000 Trust Co certfs of deposit____ 1 , 012,000 Adjustment income 5s, Jan 1942 A O 55.000 Trust Co certfs of deposit_____ 381.000 N Y & Rich Gas 1st 6s A _____.1952 M N 12.000 N Y State Rys 1st cons 434s-_1962 M N 126.000 1st con 634s ser B __________ 1962 M N 9.000 New York Steam 1st 6s_______ 1947 M N 83.000 N Y Tel 1st & gen s f 434s____ 1939 M N 416.000 30-year debenture 6s_______ 1949 F A 194.000 20-year refunding 6s gold___ 1941 A O 360.000 Niagara Falls Power 1st 5s____ 1932 J J 76.000 Refunding & gen 6s___ Jan 1932 A O 30.000 Niagara Lock & Ont Pow 1st 5s 1954 M N 27.000 Refunding 6s series A ______ 1958 7.000 North Amer Edison Co 6s A . . 1952 336.000 218.000 Sec s f g 634s series B _______ 1948 Nor Ohio Trac & Lt gen & ref 6s 1947 172.000 North States Power 5s A _____ 1941 212.000 Registered_____________________ 1.000 1st & ref 6s series B ________ 1941 A O 37.000 Northw Bell Tel 1st ser A 7 s .. 1941 F A 168,000 12.000 Northwest Teleg 1st 434s_____ 1934 J J Ohio Public Serv 1st & ref 734s_1946 1st & ref 7s series B ________ 1947 Ohio River Edison 1st 6s_____ 1948 Old Ben Coal 1st g 6s________ 1944 Ontario Power N F 1st 5s_____1943 Ontario Transmission 1st 5s___1945 M N Otis Steel 1st 20-year 8s______ 1941 F A 1st 25-year s f 7 Ms series B ..1947 F A 40.000 25.000 95.000 156.000 114.000 37.000 64.000 66.000 141.000 2,000 1,608,000 122.000 1.341.000 4.000 586.000 78.000 3.259.000 384.000 561.000 2.818.000 813.000 1.163.000 10.000 4,000! 189.000 1.456.000 5.905.000 3.105.000 3.015.000] 559.000, 1.447.000 367.000 594.000 3.051.000 2.354.000 4.128.000 716.000 493.000 590.000 182.000 3.388.000 2.216.000 1.250.000 2.490.000 Jan. 31. Ask. Bid. Bid. 115.000 70 34 3.273.000 87 34 Sale 359.000 100 34 10034 Sale 362.000 95 Sale 898.000 96 1.177.000 84 Vs Sale Sale 1.372.000 99 799.000 97 y8 98 34 Sale 2.403.000 98 1.296.000 9434 Sale 1.327.000 7834 Sale 1,000 7634 149.000 9534 9734 94 ’ 97“ 95 34 71 90 Sale 100 34 Sale 9534 9534 9634 9734 8534 Sale 99 34 Sale 9934 9934 9834 Sale 94 34 Sale Sale 81 7734 9634 9634 9834 Sale 95 9634 6134 62 6134 62 98 Sale 93 9934 9934 101 10134 102 99 100 9934 Sale 10034 Sale 10434 104 10434 7854 78 Sale 11434 Sale Sale 102 102 Sale 8634 Sale 8634 8634 10134 10134 8034 8034 100 9954 Sale 45 4934 52 44)4 Sale 4934 Sale 434 Sale 434 534 4 Sale 5 43i Sale 100 100 Sale Sale 67 6634 Sale 89 87 9034 9734 Sale 9834 9834 9634 Sale 9634 Sale 108 Sale 10834 Sale 10634 Sale 10634 Sale 105 Sale 10034 101 10134 Sale 104 10434 105 10434 10534 10534 Sale 10434 Sale Sale 9734 9934 Sale 102 34 Sale 101 Sale 9234 9234 93 9334 Sale 9434 Sale 13.000 f Tenn Coal, Iron & RR gen 5 s .. 1951 J J Tennessee Copper 1st conv 6s. 1925 M N 20.000 14.000 16.000 7034 8734 100 95 9534 8434 99 9634 9754 94 7834 Jan. 16 7034 Jan. 16 Jan. 2 9034 Jan. 29 Jan. 8 101 Jan. 19 Jan. 2 9534 Jan. 6 Jan. 2 9834 Jan. 23 Jan. 2 86 Jan. 30 Jan. 2 9954 Jan. 27 Jan. 16 9834 Jan. 20 Jan. 2 9934 Jan. 20 Jan. 3 9454 Jan. 27 Jan. 2 81 Jan. 30 9254 98 10054 99 9934 104 7734 11254 10034 86 Sale 108 Sale 10754 101 9834 Sale 9734 Sale 9854 ------- 97 Sale 9854 9134 94 Sale Sale Sale Sale Sale Sale Sale 9454 Sale 9854 99 9954 100 93 34 Sale 10534 10554 109 Sale 96 Sale 9834 108 10734 10834 9534 9534 Sale Sale 103 Sale Sale 9454 Sale Sale 10034 Sale Sale 9454 Sale Sale 10334 10354 Sale 10134 Sale 98 97 34 94 9334 9434 100 9934 100 99 Sale 9934 9334 9334 95 Sale Sale 85 9434 98 Sale Sale 106 106 Sale 9434 Sale 112 114 114 111 11034 11034 10454 10434 10434 . 9534 Sale 616,000 99 Sale 9934 Sale 3.538.000 10334 Sale 104 10454 Sale 10434 10534 5.435.000 103 9334 9834 9934 Q1 10434 103 9634 97 107 9434 10134 9334 10034 9634 10334 9934 97 9334 9934 9834 9234 8434 94 10534 106 9434 112 110 10434 136.000 85 51.000 95 356.000 78 351.000 74 74.000 95 1.152.000 107 1.128.000 9954 690.000 106 492.000 105 840.000 90 8,116,000 88 5.345.000 5.963.000 4.931.000 4.111.000 1.305.000 2.023.000 1.507.000 12,408,000 4.135.000 5,000 2.237.000 937.000 1.276.000 718.000 27,000 192.000 351.000 8634 98 7934 Sale 9634 Sale Sale Sale Sale Sale Sale 83 Sale 9934 Sale 9954 82 10834 102 9654 9634 94 97 10634 100 105 9654 98 9634 Sale Sale Sale 10254 Sale Sale Sale 9734 Sale 10054 10554 Sale 9934 98 89 9534 92 7034 8334 Sale 9554 Sale 7434 8334 8534 86 95 7834 Sale" 7434 ----85 9634 107 10734 10134____ 10634 Sale 10634 ____ 90 Vi 91 9534 Sale 118 Sale 9034 Sale 10034 10054 9934 9954 99 34 9954 8434 Sale 11634 Sale 10234 Sale 9954 100 97 34 Sale 9534 Sale 97 34 9754 115 34 Sale 9954 100 10654 Sale 9734 Sale 98 99 9754 9854 10134 102 175.000 10234 - 103 262.000 101 10334 101 63 6034 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 94 9934 10134 9934 10054 104 80 11434 10234 8734 Jan. 8 92 94 Feb. 21 9634 July 12 Apr. 23 94 Apr. 23 72 9054 10534 96 9834 88 9954 9854 Sept. 29 M ay 6 Feb. 28 M ay 8 N ov. 18 Dec. 19 100 10154 N ov. 13 104 July 31 7834 Aug. 1 11434 N ov. 7 102 July 29 86 34 July 30 10234 Oct. 24 8134 Apr. 2 Dec. 17 101 4634 Dec. 4 4634 Dec. 4 534 Aug. 11 Aug. 11 6 Oct. 31 101 6934 Oct. 30 9634 Feb. 15 July 10 99 9734 July 11 Oct. 27 109 10754 Oct. 20 103 54 Oct. 1 10634 Aug. 6 10534 June 11 Dec. 16 105 Aug. 14 98 103 Aug. 2 Feb. 8 93 95 N ov. 8 9134 M ay 22 Sept. 17 105 10934 June 12 9534 July 24 64 9934 94 97 10234 11054 109 102 9954 9954 9834 10134 95 11034 11034 10134 9834 9934 9734 100 9334 9334 98 9934 9234 10434 103 9534 9734 107 9454 10154 9354 10034 9434 10254 9954 97 9334 9934 9854 9234 8434 94 10534 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 Jan. 99 54 Jan. 100 Jan. 63 34 Jan. 10634 Jan. 10934 Jan. 9634 Jan. 9734 Jan. 10834 Jan. 9534 Jan. 103 34 Jan. 9534 Jan. 10154 Jan. 9634 Jan. 104 Jan. 102 Jan. 9734 Jan. 94 Jan. 10034 Jan. 99 Jan. 95 Jan. 8554 Jan. 98 Jan. 106 Jan. 9354 104 110 10434 95 9834 10234 10254 Jan. 9 9434 Jan. 30 Jan. 12 11534 Jan. 15 Jan. 5 11034 Jan. 14 Jan. 6 10454 Jan. 24 Jan. 12t 9554 Jan. 16 Jan. 2 9954 Jan. 19 96 Jan. 7 105 Jan. 12 96 Jan. 6 106 Jan. 7 102 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Dec. 2 Oct. 22 N o v .26 Dec. 12 Oct. 16 Aug. 2 Mar. 12 Jan. 17 Aug. 14 95 9054 Jan. 9154 Mar. 9934 Oct. 30 Oct. 6 100 9654 Jan. , 9754 Apr. 4 90 34 Mar. 9934 Jan. 29 10534 Aug. 12 Dec. 19 Feb. 4 !103 95 9434 Nov. 6 100 June 14 Sept. 13 99 93 34 Jan. 10434 Jan. 10834 N ov. 19 98 July 28 87 34 Jan. 103 34 July 28 9954 Jan. Aug. 14 96 90 Jan. Oct. 17 102 9234 Mar. Dec. 4 Apr. 70 100 Dec. 4 103 8434 Jan. Dec. 8 100 9434 Jan. 102 N ov. 13 9434 M ay Dec. & 95 9134 Apr. 10034 Dec. 8 9634 Sept. 95 Jan. 9934 Dec. 12 Jan. 86 96 N ov. 10 88 Apr. 10' 8034 Jan. Oct. 14 97 8954 Jan. Sept. 9 107 103 May Dec. 15 106 L0434 Jan. Feb. 18 95 88 34 M ay 118 Jan. 24 L0954 June M ay 13 112 10634 Jan. Jan. 77 10554 Oct. 2 Jan. Jan. Jan. Jan. Jan. 28 23 20 29 19 8534 Jan. 7 8554 Jan. 9 7734 Jan. 74 Jan. 95 Jan. 106 Jan. 9934 Jan. 10534 Jan. 105 Jan. 90 Jan. 88 Jan. 10634 Jan. 8254 Jan. 9934 Jan. 9934 Jan. 9934 Jan. 82 Jan. 10634 Jan. 102 Jan. 99 Jan. 9634 Jan. 93 34 Jan. 973s Jan. 10634 Jan. 9934 Jan. 105 Jan. 9634 Jan. 98 Jan. 9734 Jan. 8 .79 Jan. 2 7434 Jan. 19 95 Jan. 21 10734 Jan. 6 10054 Jan. 3 107 Jan. 2 10634 Jan. 2 9234 Jan. 2 9534 Jan. 16 10834 Jan. 5 9054 Jan. 6 10034 Jan. 19 9934 Jan. 31 101 34 Jan. 2 8434 Jan. 5 116 Jan. 7 10254 Jan. 8 100 Jan. 2 9734 Jan. 7 9554 Jan. 27 9754 Jan. 2 12034 Jan. 13 10054 Jan. 6 107 34 Jan. 6 97 34 Jan. 3 9834 Jan. 22 98)4 Jan. 5 16 19 28 29 27 28 16 31 31 30 16 20 16 31 29 16 6 23 8 27 10 3 30 15 29 15 10254 Jan. 101 Jan. 5 2 23 13 7 3 9 14 3 8 6 25 4 53 54 Jan. 9634 Jan. 82 34 May 9534 May 9934 Jan. 93 34 Jan. 9734 Jan. 10134 Feb. 73 Mar. 10934 Feb. 98 34 Feb. 8234 Jan. 100 Nov. 81 34 Apr. 98 Jan. 33 54 Jan. 32 Jan. 134 Jan. 134 Jan. 89 Jan. 5734 May 85 Apr. 9234 Jan. 1 9334 Jan. 104 Jan. 104 Jan. 99 Jan. 104 Jan. 9934 Jan. 99 Jan. 9134 Jan. 96 34 Feb. 88 34 Jan. 89 34 Jan. 9134 May 101 Jan. 10734 Apr. 92 Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 92 9554 9234 7334 8334 26262812 11 17 18 162814 21 25 18 Feb. Jan. Jan. Mar. Jan. Jan. M ay Jan. Jan. Jan. June June Jan. 10354 Feb. 10034 Jan. 98 34 Dec. 9634 Nov. 9454 Mar. 94 Jan. 93 Oct. 84 Nov. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 100 Jan. 5034 Jan. 5034 Jan. 554 Jan. 534 Jan. 100 Jan. 6834 Jan. 9034 Jan. 99 34 Jan. 9634 Jan. 10834 Jan. 10734 Jan. 10234 Jan. 105 Jan. 106 Jan. 10534 Jan. 99 34 Jan. 10254 Jan. 93 Jan. 9454 Jan. 9334 Jan. i0534 Jan. 10734 Jan. 95 Jan. 8834 Jan. 7 9334 Jan. 5 91 54 Jan. 2 67 Jan. 5 8234 Jan. 13 N ov. Jan. Aug. Sept. N ov. June Dec. Sept. Oct. 101 9534 N ov. Aug. 83 7434 June Dec. 96 62 8554 9534 90 92 8034 9534 9434 95 8634 76 7434 92 9554 Jan. 8 96 Jan. 6 97 Jan. 22 9834 Jan. 31 9534 Jan. 22 9534 Jan. 13 11034 10734 100 98 99 9734 100 9334 St Joseph R y, L H & P 1st 5 s .. 1937 M N St Joseph Stock Yards 1st 4 34s_ 1930 J J St L Rky M t & Pac 5s stamped. 1955 J J St Louis Tran gu imp 5s______1924 A O St Paul City R y Cable 5s_____1937 J J Saks & Co 7s_________________ 1942 San Antonio Public Serv 6s_ 1952 _ Sharon Steel Hoop 1st 8s_____1941 Sheffield Farms 1st & ref 6 34s- 1942 Sierra & San Fran Power 1st 5s. 1949 Sinclair Cons Oil 1st lien 7s_ 1937 _ 1st lien 6s C with warrants. .1927 1st lien coll 634s B _________ 1938 J D Sinclair Crude Oil Purch 5 J^s__192.r A O > 6% notes series A ___________1928 F A 6% notes series B ___ Feb 15 1926 F Sinclair Pipe Line 20-year 5s. . 1942 A Skelly Oil 6% notes___________1927 A _ So Porto Rico Sugar s f 7 s _ 1941 J South Bell T & T 1st s f 5s___ 1941 J Southw Bell Telep 1st & ref 5s_1954 F Southern Colorado Power 1st g 6s’47 J J Spring Valley Water g 5s_____ 1948 M N Stand Gas & El conv deb 634S-1933 M S Standard Milling 1st 5s_______ 1930 M N Steel & Tube gen s f 7s ser C ..1951 J J ugar Estates Oriente 7s_____ 1942 M S uperior Oil 1st s f 7s________ 1929 FA15 Syracuse Lighting Co 1st g 5s. 1951 J D Syracuse Light & Power s f 5s. 1954 J J 2.000 Sale Prices. 46.000 11034 11034 451.000 10734 108 123.000 9734 9734 442.000 9734 Sale 670.000 9834 Sale 163.000 9634 -----Sale 1 . 102.000 99 1 , 220,000 9134 Sale 1.000 2.243.000 9034 Sale 1,084,000! 9434 Sale 2.731.000 9234 Sale 70 194.000 66 742.000 8154 83 882.000 32.000 128,000 126,000 9,000 Highest. Sale Prices. 1.032.000 104 105 4.107.000 10734 Sale 23.000 9434 - - - - 82.000 78.000 159.000 5,000 17.000 1.329.000 1.877.000 1.957.000 331.000 286.000 322.000 1.855.000 92.000 269.000 886.000 526.000 Lowest. Sale Prices. 9954 Jan. 45 Jan. 42 54 Jan. 4 34 Jan. 334 Jan. 9934 Jan. 66 Jan. 8834 Jan. 9734 Jan. 9534 Jan. 10734 Jan. 10634 Jan. 10034 Jan. 103 54 Jan. 10434 Jan. 10454 Jan. 9634 Jan. 10054 Jan. 9234 Jan. 93 Jan. 93 34 Jan. 10354 Sale 103 54 Jan. 107 54 107 34 107 54 Jan. 95 9534 9454 Jan. Remington Arms 1st s f 6s___ 1937 M N Republic Iron & Steel s f 5s_ 1940 A O _ R ef & gen 534s A ___________1953 J J Robbins & Myers 1st s f 7s___ 1942 J D Rogers-Brown Iron 7s________ 1942 M N 1 , 000,000 Highest. Sale Prices. Ask. Sale" 3.615.000 1.345.000 1.885.000 3.580.000 1.261.000 1.746.000 1.044.000 104.000 455.000 997.000 2,553,000: 2.588.000] 2,290,000; 6.097.000 1,078,000! 867,000: 102.000 303.000 130.000 199.0001 271.000 655.000, 1.868.000] 368.000 166.000 950.000 296.000 1.439.000 5,154,000, 28,000 7.000 59.000 55.000 59.000 28.000 89.000 Ijowest. 60 Vs Sale 98 93 34 9734 10034 98 100 104 7754 11334 Pacific G & E gen & ref 5s____1942 J J 238.000 149.000 Pacific Pow & Lt 1st & ref 5s. .1930 F A 314.000 Pacific Tel & Tel 1st 5s_______ 1937 J J 401.000 30-year 5s series A _________ 1952 M N 78.000 Pan-Am Pet & T 1st lien 7 s . . . 1930 F A Conv sinking fund 6s_______ 1934 M N 4,119,000 225.000 Park-Lexington leasehold 634s_1953 J J 5.000 Paterson & Passaic G & E 5s. .1949 M S 14.000 People’s Gas & Coke 1st 6s_ 1943 A O _ 34.000 Refunding gold 5s__________ 1947 M S 109.000 Phila Company 1st & ref 6s_ 1944 F A _ 202.000 15-year conv deb 534s______ 1938 S 96.000 J Phila & Read C & I ref 5s_____1973 Pierce Arrow deb 8s___________1943 s 484.000 Pierce Oil Corp s f 8s_________ 1931 9.000 D 97,000] Pillsbury Flour Mills 20-yr 6s. 1943 O Pleasant Valley Coal 1st 5s_ 1928 _ 36,000' J Pocahontas Con Coll 1st s f 5s. 1957 8.0001 J Port Arthur Canal & Dock 6s. . 1953 3 0 ,0 0 0 : A 74.000 Portland Gen Elec 1st 5s_____1935 J Portland R y 1st & ref 5s______1930 M N 25.000 Portland R y, L & P conv 5s_ 1942 F A _ 59.000 1st lien & ref 6s series B ____1947 M N 123.0001 1st & ref 734 s series A ______ 1946 M N 25,000, Porto Rico Amer Tobacco 8s..1931 M N Pressed Steel Car 10-year 5s_ 1933 J J _ 197.000 Prod & R ef 8s with warrants.. 1931 J D 20,000 Without warrants_______________J D 36,000, Public Serv Corp N J gen 50-yr 5s’59 A O 48.000 Secured gold 6s_____________ 1944 F A 406.000 Public Serv E & G 1st 534s____ 1959 A O 409.000 Public Service Elec Lt s f g 6s. .1948 A O 126.000 Punta Alegre Sugar 1st conv 7s. 1937 J J 285.000 11,000 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. 8334 92 8754 65 70 Sept. 17 99 34 Dec. 3 Feb. 15 104 Sept. 24 Dec. 22 122 M ar. 14 Dec. 6 9534 Oct. 29 9654 Jan. 2 93 Dec. 18 9034 M ay 5 90 Jan. Mar. Oct. Jan. Feb. 30 21 15 8 23 7654 Jan. 12 8534 N ov. 5 Feb. Dec. Oct. Nov. Dec. Dec. Aug. Dec. Jan. 27 31 18 22 9 17 24 6 17 74 July 50 Feb. 9134 Jan. 10154 Feb. 9354 Jan. 100 Jan. 10034 Mar. 83 34 Jan. 8534 Oct. 8234 Oct. 9734 Feb. 9534 Jan. 8154 Jan. 10154 Dec. 10034 Feb. 94 Jan. 92 54 Apr. 85 Nov. 9734 Dec. 94 Apr. 9534 Jan. 103 Jan. 9434 Nov. 96 Sept. 92 Jan. 8434 Jan. 8 10254 Jan. 12 7 102 Jan. 20 8134 7354 9634 10734 101 106 105 9154 97 91 34 Apr. 30 10134 Sept. 4 10134 86 107 34 105 100 9734 94 9734 108 10034 107 98 100 9834 105 Sept. Jan. Dec. Apr. Dec. N ov. Dec. Dec. Dec. N ov. N ov. Oct. M ay N ov. Feb. 25 10 31 10 13 1 29 18 5 1 26 22 20 29 11 10234 Jan. 19 9954 Mar. 9734 June 24 103 June 12 1 BON DS N. Y . S T O C K E X C H A N G E . Interest Period BONDS AND STOCKS-STOCK EXCHANGE RECORD Feb., 1925.] Sales in Sales in January 1924. Par Value. (12 Months ) Term Elec Power 1st & ref 6s_ .1947 J D Third Ave 1st ref 4s .I960 J J Adjustment income 5 s _ _ .I960 A () Third Ave R R 1st gold 5s____ .1937|J J Tide Water Oil 10-yr g 6 k s ._ -193PF A Toledo Edison 1st g 7 s .. _ _ .1941 M S Toledo Trac L & P 6% notes. .1925 F A 1949 M s Twenty-third St R y imp & ref 5s ’62! J ,T -1933[J J 1948 J .T Union Bag & Pap 1st 6s . . .1942 M N Union El L & P 1st g 5s _ _ .1932 M s Refunding 5s ... .1933 M N 1945 A 0 1931 J J 30-yr6sSerA _ _ . M ay 1942 F A Union Tank Car equip 7s____ 1930 F A United Drug g 6s_ _ _ 1944 A O 1936 J J United Fuel Gas 1st s f 6s Un Rys Inv 5s Pitts iss . . _ . .1926 M N Stamped . . . . United Rys St L 1st g 4s _ .1934 J J United Steamship 15-yr 6s . . -1937,M N United Stores Realty 6s .1942 A o U S Rubber 1st & ref 5s Ser A .19 4 7 J .1 10-year 7 k s ____ .1930 F A U S Smelt R ef & M conv 6s. . .1926 F A U S Steel Corp s f g 5s_ Apr 1963 M N _ Utah Light & Trac 1st & ref 5s .1944 A Utah Power & Lt 1st 5s_ _____ .1944 F 1950 J -1957| J Victor Fuel l s t s f 5 s _ _ .1953 J Va-Car Chem 1st 7 s .. .1947 J O A J J J D 7 k s with STwithoLt war’ts. .1937 J Ctfs o f dep without warrants .1 J Va Iron, Coal & Coke 1st g 5s 1949 M Virginia R y & Pow 1st 5 s _ _ 1934 .1 Vertientes Sugar 1st s f 7s _ .1942 .1 Warner Sugar Ref 1st 7s_____ 1941 .1 Warner Sugar Corp 1st 7 s _ 1939 J _ .1939 J Westchester Light gold 5s .1950 T 1944 M West Penn Pow 1st 5s Ser A . 194! M .1958 J 1st 30-year 7s Ser D_ . . 1946 F 1st -5s Series E 1963 M 1st g 5 k® Ser F ____ 1953 A Western Electric deb 5s _ __ 1944 A West Un Coll tr cur 5 s _ __ 1938 J _ Fund & real est 4 k s g _ 1950 M _ 1 5 -v e a r 6 k s g -- . . _ 1936 V _ Westinghouse E & M 7s_ _ 1931 M Wickwire-Spencer St 7s 1935 J J J J S • J D 1) .1 J D N S D A S O <) J N Willys-Overland 1st s f g . Wilson & Co 1st s f 6 s ____ 10-year conv s f 6s_ A J1 S J 1933 M s 1941 A < > 1928 J I) - __ 1931 F A 10-year conv s f 7 k s Winchester Rep Arms "7 k s _ 1941 A O _ Youngs’n Sheet & Tu^e 6s___ 1943 J J R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Jan. 2. Jan. 31. Lowest. 23 Lowest. Highest. Sale Prices. Sale Prices. Highest. $ Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. $ 318,000 382,834,000 99 k Sale 101 Sale Jan. 30 9934 Jan. 2 101 254,000 2,613,000 55 Sale 5634 Sale 5454 Jan. 5 5634 Jan. 16 568,000 9,621,000 48 k Sale 46 Jan. 24 5034 Jan. 12 46 34 Sale 216,000 444,000 95 Sale 9434 Jan. 27 95 Jan. 2 9434 95 132.000 1,328,000 102k Sale 10334 Sale 10254 Jan. 2 10454 Jan. 12 79,000 1,376,000 108 k Sale 10934 Sale 1083i Jan. 2 10934 Jan. 15 58,000 797,000 100k 10054 100 34 10054 10034 Jan. 10 10054 Jan. 23 1,000 9734 9754 34,000 52,000 67 k Sale 65 6634 66 Jan. 30 70 Jan. 13 2,000 3,000 8854 9034 . 6 9034 Jan. 12 24,000 85 8634 . 69,000 886,000 9534 96 Jan. 29 9434 Jan. 23 97 9434 96 66,000 394,000 10034 Sale 99 34 10034 9954 Jan. 3 10034 Jan. 20 98,000 1,943,000 9834 Sale 9934 9934 9834 Jan. 5 9934 Jan. 28 15,000 75 7554 73 178,000 99 k 100 101 78,000 630,000 10234 10254 103 Sale 10234 Jan. 8 10334 Jan. 28 64,000 748,000 103 34 Sale 10334 Sale 10334 Jan. 2 10434 Jan. 8 360,000 Sale 10034 Jan. 5 101 51,000 10054 Sale 101 Jan. 5 234,000 Sale 10034 101 98 Jan. 2 9954 Jan. 28 1,447,000 98 104,000 1,529,000 100 100J4 9934 99 34 100 Jan. 5 10034 Jan. 14 231,000 267,000 100 Sale 100 10034 9934 Jan. 5 100 Jan. 2 227,000 1,326,000 7434 Sale 100 10034 73 Jan. 9 74 34 Jan. 2 207,000 91 Jan. 5 9554 Jan. 16 378,000 1 9134 Sale 9454 Sale 476,000 Sale 103 Sale 102 34 Jan. 6 10454 Jan. 16 1,156,000 103 752,000 86 Sale 85 Jan. 2 8634 Jan. 7 6,903,000 8534 Sale 211,000 2,758,000 10154 Sale 107 Sale 10434 Jan. 3 10734 Jan. 29 329,000 1,543,000 10134 Sale 10154 10134 10134 Jan. 2 102 Jan. 13 634,000 9,990,000 10434 Sale 10534 Sale 10434 Jan. 13 10534 Jan. 31 11.000 103 34 Jan. 12 105 Jan. 28 129,000 132,000 1,327,000 83 34 Sale 84 34 8554 8334 Jan. 7 85 Jan. 27 204,000 Sale 91 Jan. 2 92 54 Jan. 26 2,226,000 91 9234 Sale 9934 . . . 36 000 9934 30,000 9834 Sale 5 13 415.000 9834 53 Jan. 5 53 Jan. 5 2,000 53 18,000 50 5334 60 1,719.000 73 Jan. 7 84 Jan. 24 8,457,000 74 Sale 8254 Sale 71 166.000 139,000 7134 Jan. 6 24 107,000 8 7754 Jan. 26 77,000 4414 Sale 74 80 357,000 48 Sale 44 Jan. 8 49 Jan. 24 4,211,000 4334 45 19,000 911,000 47 48 43 Jan. 15 4834 Jan. 28 38.000 12,000 43 42 47 23 13 236,000 i 9134 93 4,000 9134 Jan. 19 9154 Jan. 19 9234 93 117.000 1,383,000 9434 Sale 94 9434 9334 Jan. 9 9434 Jan. 2 891,000 9134 9234 92 93 45,000 91 34 Jan. 3 9234 Jan. 23 135,000 2,292,000 8954 91 95 34 Sale 8934 Jan. 2 9554 Jan. 23 169,000 1,720,000 8934 Sale 77 34 Jan. 6 8454 Jan. 39 8434 Sale 15 515,000 10034 9954 8 8,000 6 4,000 9934 100 9934 Jan. 223,000 100 Ifi 101 U .Tan 23 32 000 101 Salfl 776,000 9634 Sale li o io o o 95 Jan. 9 96 34 Jan. 2 9554 Sale 1.31 0 5 Jan. 27 1 57,000 558,000 10434 105 34 _____ 977,000 106 Sale 10634 107 39,090 10534 Jan. 3 106 34 Jan. 12 1,575,000 9334 Sale 105,000 95 9534 93 34 Jan. 5 9534 Jan. 26 615,000 10034 Sale 10134 10154 10034 Jan. 2 102 Jan. 8 68,000 547,000 9,896,000 9834 Sale 9834 Sale 9834 Jan. 21 99 Jan. 7 82,000 712,000 9934 10034 9934 Sale 9934 Jan. 29 10034 Jan. 3 58,000 659,000 9934 10034 9334 9434 9254 Jan. 13 94 34 Jan. 27 185,000 2,333,000 11034 Sale 111 11134 11034 Jan. 9 111 34 Jan. 21 414,000 3,215,000 10734 Sale 10834 Sale 10734 Jan. 2 10834 Jan. 21 Sale Jan. 20 307,000 1,875,000 77 84 8434 76 Jan. 7 91 20 94,000 Sale 5 41,000 7534 7634 85 137,000 1,718,000 100 Sale 10034 Sale 9934 Jan. 2 10054 Jan. 27 382,000 4,956,000 9134 Sale 9354 Sale 9154 Jan. 2 94 Jan. 26 4,989,000 5534 Sale 67 69 55 Jan. 6 69 Jan. 23 527,000 64 .. . 53 Jan. 2 30 32,000 5634 7,000 66 Sale 454,000 5,176,000 54 34 Sale 53 34 Jan. 9 6634 Jan. 26 19 23 58 000 54 51 6434 5 000 80,000 1,626,000 10134 Sale 10134 Sale 10154 Jan. 2 102 Jan. 6 715,000 4,670,000 9534 Sale 9534 Jan. 2 9754 Jan. 26 9754 Sale 55 7934 92 9734 92 9534 9934 10254 10034 9234 91 91 6134 86 9834 7834 9934 9954 102 80 8754 9754 51 54 52 34 56 28 26 2634 88 88 8934 87 77 34 9654 Dec. July July July June N ov. Aug. 8 23 27 21 2 1 7 Dec. July 25 66 8 9854 Nov. 10 8834 Sept 16 9854 Aug. Jan. 15 10034 Nov. Nov. Jan. 2 100 Oct. 8 77 Feb. 21 10234 N ov. Jan. 5 103 34 Oct. Dec. 26 10534 June Dec. Dec. 30 101 Jan. 2 10034 Oct. Jan. 2 10034 Dec. Jan. 2 9954 Dec. Mar. 7 73 34 N ov. Aug. Jan. 14 93 Jan. 7 103 54 Dec. June 11 87 54 Jan. M ay 26 10634 Jan. Aug. Jan. 8 102 Apr. 10 10534 Nov. 14 10434 Aug. Jan. 3 87 34 June Nov. Jan. 2 94 July 9 9934 Dec. Nov. 7 99 Dec. 27 6454 Mar. M ay 28 85 34 Jan. N ov. M av 29 72 Dec. Sent. 10 69 June 30 73 34 Jan. Jan. Oct. 14 70 N ov. Oct. 8 44 June Apr. 22 92 Jan. 2 95 34 Sept. M ay 5 97 54 Apr. Oct. 21 103 34 Feb. Oct. 23 98 3 July 4 June 9 101 Feb. 27 10034 N ov. 9354 53 34 3934 93 102 106 9834 4 21 22 4 4 2 7 31 Jan. Feb. M ay Mar. Jan. Jan. Jan. 8934 Jan. 101 Jan. 104 34 Jan. 8654 Feb. 98 July 96 M ay 96 M ay 9054 Jan. 10854 Jan. 10654 Jan. 51 Apr. 69 34 N ov. 9754 M ay 81 June 44 June 46 Nov. 47 Nov. 4634 Nov. 10054 Jan. 9434 June 100 6154 5834 9534 10454 110 101 1 11 21 1 1 28 11 24 1 26 31 18 30 8 26 14 1 28 1 30 10 6 7 18 10 28 5 2 2 29 25 23 14 5 17 12 3 4 9654 Nov. 17 12 10534 Dec. 12 3 10754 Jan. 22 29 97 34 Aug. 3 Nov. 18 1 102 2 9934 N ov. 1 2 10154 N ov. 13 8 97 34 Oct. 2 4 11234 Nov. 20 2 10954 Aug. 7 7 7 9 /8 Jan. 11 N ov. 13 7 76 Sept. 28 3 100 2 9854 Jan. 24 Feb. 4 26 93 N ov. 25 14 55 Jan. 14 12 100 N ov. 29 15 3 10234 Jan. 31 Feb. 4 2 97 a On the basis o f $5 to the £ sterling. b On the basis of four marks to one dollar. c First installment paid. d Full paid. e Part paid' s Optional sale, t Binds “ whan issued.” z Flat price. Cash sales as follows: i Dec. 9, 11 2k ; k Dec. 1, 102; l Jan. 19, 93k ‘. r Jan. 19, 108; t Jan. 27’ 9 6 k : 1/ Jan. 27, 10 4k ; z Jan. 14. 107. STOCKS—PRICES AND SALES FOR JANUARY AND RANGE FOR YEAR 1924. In accordance with a rule o f the Stock Exchange, effective Oct. 13 1915, all stocks are now quoted dollars per share. Prices are on basis o f 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. Option sales are disregarded. S A LE S STOCKS N. Y. STOCK EXCHANGE Par -100 100 Kill .100 100 100 100 100 100 . 50 _.100 Ann Arbor. . ___ __ Preferred_ - . _ Atchison Top & S Fe_ _ Preferred - - - - Atlanta Birm & A t l _ _ Atlan Coast Line R R _ _ Baltimore & O h i o . _ _ Preferred _ Preferred_ ______ _ Bkln-Manhat tr ctfs. no par Trust ctfs p r e f _ _ no oar _ Buffalo Roch & Pitts_ .100 _ Preferred. ___ 100 -100 Canadian Pacific______ 100 -ICO Central RR o f N J . . . . .100 Chesapeake & Ohio___ 100 Preferred- . __ 100 Chicago & Alton. _ _ Kill Preferred______ . -10U Cnic & East 111 RR (new)_ _ Preferred (new) _ __ Chicago Great Western. .Kill Preferred ___ 10(1 Chic Milw & St Paul_ .100 _ Preferred H ill Chicago & North West- .100 Preferred_ _ _____ ion Chic Rock Isl & Pac___ Kill 7 % preferred Kill 6% preferred________ .100 Chic St P Minn & Om. _.100 P r e fe r r e d ._ _ 100 C O C & St L o u is _ _ Kill Cleveland & Pittsburgh -.5 0 Colorado & Southern__ -100 1st p referred _______ Kill 2d preferred_ _____ 1 (1 _ (1 Cuba liR pref_ __ _ Kill Delaware & Hudson . . 100 Del Lack & Western__ ..5 0 _ Denver Rio Gr & W pref Detroit & M a ck in a c _ .100 _ Preferred. ________ .100 In January. 12 Months 1924. Shares. Shares. 2.500 3,700 169,300 9,900 26,900 25,500 153,250 11,500 10,900 200 111,700 7,900 600 110 1,700 38,800 82 10,200 181,900 3,200 16,300 52,907 13,400 20,500 44,600 67,900 92,000 192,400 94,400 3,600 231.700 5.900 10,700 5,000 4,800 2,200 15,300 751 1,000 100 31,380 30,000 50,100 100 100 108 3,600 19,000 1,015,500 95,510 326,384 257,000 1,727,900 77,410 16,000 8,950 1,132,500 219,830 3,614 2,745 2,100 318,450 2,373 39,020 2,730,000 34,800 308,300 309,400 134,800 156,800 317,558 771,729 899,327 2,282,590 526,885 13,000 2,141,010 63,210 88,000 28,150 4,550 10,850 581 91,800 13,400 4,500 1,500 215,200 569,400 1,000 292 200 1924. Bid. Jan. 2. Ask. Bid. 13 31 97 k 86k 1k 113k 59 k 58 k 17 37 Sale Sale 2 Sale Sale Sale 86 14 k 49 k 49k 85 Sale Sale Sale Sale 90 198 22 k 43 119 93 k 4 149k 79 k 65 39k 88' 37 k 72 k 64 87 k 146k 150 56 224 293 Sale 95 k 100 107 k 3k 8k Sale 15k Sale 35 k Sale 56 k Sale 9 Sale 27 Sale 15 k Sale 27 Sale 71 Sale I llk Sale 44 k Sale 93 Sale 83 Sale 53 Sale 91k 141 115 69k 20 Sale 45 61 46 k 50 35 56 45 89 108 Sale 137k 112 Sale 144 42 k 51 71 145 k 57 k 208 71k 99 k 3k 10 25 k 48k 4k 10k 13k 24 50 k 102 23 k 78 k 65 k 31k 75 110 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . Price about Jan. 2 Jan. 31. Ask. Bid. 198 22 k 41 117k 95 3k 150k 79 k 65 k 40 k 95 k 88 k Sale 39k Sale 75 k 70 65 92 90 96 88 Sale 150k 56 Sale 309 Sale 96 k Sale 108 k Sale 8k Sale 15k Sale 32 Sale 52 Sale 10k Sale 26 k Sale 13k Sale 22 k Sale 71 Sale 114k Sale 46 Sale 94 Sale 84 Sale 53 k 94 103 150 148 70 k 69 k Sale 50 Sale 63 57 56 k 86 Sale 138 Sale 141 Sale 45 50 90 70 Sale Sale Sale Sale Sale Sale Sale Sale Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 24 22 k Jan. 2 27 k Jan. 44 43 Jan. 2 46 Jan. Sale 116k Jan. 16 123 Jan. Sale 92 k Jan. 16 95 k Jan. 3 Jan. 14 4 k Jan. 3k Sate 147 k Jan. 16 152 Jan. Sale 77 k Jan. 16 82 k Jan. Sale 65 Jan. 2 66 k Jan. 3 42k 39k 94 94 Jan. 15 94 k Jan. Sale 35 k Jan. 5 4 0 k Jan. Sale 72 k Jan. 2 75 k Jan. 68 68 k Jan. 8 77 Jan. 92 Jan. in 92 Jan. 95 8 105 84 Sale 147 k Jan. 16 152 k Jan. 56 1C 57 k Jan. Sale 293 Jan. 2 321 Sale 95 Jan. 5 98 k Jan. Sale 106 k Jan. 6 108k Jan. Sale 7 Jan. 16 9 k Jan. Sale 13k Jan. 16 16k Jan. Jan. 21 3 5 k Jan. 34 32 54 4 9 k Jan. 21 57 k Jan. Sale 9 Jan. 2 10k Jan. Sale 2 5 k Jan. 14 29 k Jan. Sale 1 13k Jan. 3 1 16 k Jan. Sale 22 k Jan. 31 28 k Jan. Sale 70 Jan. 5 75 k Jan. 115k 111k Jan. 12 116 Jan. Sale 44 k Jan. 16 4 9 k Jan. Sale 92 Jan. 2 95 Jan. 85 83 Jan. 2 87 k Jan. Sale 52 Jan. 16 59 k Jan. Sale 94 Jan. 7 108 Jan. 170 148 Jan. 5 161k Jan. 70 k Sale 4 4 k Jan. 6 50 Jan. Jan. 6 63 Jan. 65 61 Sale 56 Jan. 5 56 k Jan. 9 R R Q Q 87 139 136k Jan. 8 142k Jan. Sale 138 Jan. 16 144 k Jan. Sale Jan. 2 60 Jan. 42 51 20 51 Jan. 75 72 Jan. 8 72 12 6 6 31 3 7 8 6 15 5 20 22 28 10 15 8 22 3 15 19 5 24 2 2 19 2 7 7 12 17 10 12 14 13 13 28 31 29 5 9 17 13 12 20 8 1971/ 12 25 97k 86k Ik 112 52 k 56 k 393/ 86 13k 48k 40 70 k 142k 23 199 67k 99k 3k 8k 21 37 4 10 k 10 k 18 k 49 k 100 21k 76k 65k 29 68k 100 683/ 20 50 45 71 U 104k 110k 42 35 18 202 15 2 2 k 4 46k 2 120k 2 96k 23 5 23 152k 22 8 4 k 16 6 6 k 31 4 4 k 2 95 4 41 k 3 75k 26 6 8 k 26 88 18 125 Mar. 10 156k Feb. 25 58 Mar. 18 295 Feb. 26 9 8 k Jan. 3 109 k Apr. 15 10 k May 2(1 1 9 k M ay 5 38 M ay 8 6 2 k Apr. 30 I l k June 4 3 1 k Oct. 6 1 8 k Oct. 6 3 2 k Jan. 3 7 5 k Jan. 8 114k Feb. 15 50 Feb. 26 9 7 k Jan. 2 8 7 k Jan. 15 5 7 k Apr. 22 94 Apr. 1 150k Ano-. 19 71 Jan. 2 49 Jan. 7 65 k Jan. 15 59 T T 9 92 V ar .1 Mar. 5 139k Feb. 15 149k Dec. 31 43 k 22k Apr. 31 37 k N ov. Apr. Mar. Jan. Jan. Feb. Jan. Apr. Apr. Doc. Jan. Jan. Jan. M ay M ay Dec. 9 Dec. 6 Dec. 9 Dec. 18 Dec. 29 Dec. 4 Dec. 22 Dec. 17 Dec. 19 Dec. 17 N ov. 18 Dec. 5 Dec. 5 Dec. 31 Apr. 2 Jan. 11 N ov. 26 Dec. 27 Dec. 16 Dec. 12 July 25 Dec. 8 Dec. 6 Dec. 5 Dec. 5 N ov. 24 N ov. 24 Nov. 24 N ov. 24 Dec. 8 Dec. 19 N ov. 22 Dec. 1 Nov. 28 Dec. 5 Dec. 8 Nov. 17 N o v .22 N ov. 8 Dec. 4 N ov. 28 Dec. 19 Dec. 20 Dec. 19 Dec. 30 Mar. 21 July 31 24 [V ol. 120. STOCKS—STOCK EXCHANGE RECORD Par Duluth S S & Atlantic___100 Preferred_____________ 100 Erie____________________ 100 First preferred_______ 100 Second preferred_____ 100 Erie & Pittsburgh________ 50 Great Northern pref____ 100 Iron ore properties.no par Gulf M ob & Nor tr ctfs._100 Preferred_____________ 100 Hudson & Manhattan___ Preferred_____________ 100 Illinois Central_________ 100 6% pref series A ______100 Leased line stock_____100 E E sec stock ctfs____1000 Eights__________________ Interboro Rapid Trans (w i)_ Int Rys o f Cent Amer_ 100 _ Preferred________________ Iowa Central____________100 Kansas City Southern_ 100 _ Preferred_____________ 100 Keokuk & Des M oines.. 100 Lehigh Valley___________ 50 Louisville & Nashville_ 100 _ Manhattan R y guar___ 100 M od guar____________100 Market Street R y ______100 Preferred_____________ 100 Prior preferred_______ 100 Second preferred_____100 Minneap & St L (n ew ).. 100 Minn St Paul & S S M ..1 0 0 Preferred_____________ 100 Leased line___________100 M o Kan & Texas Co (new) . Preferred (new)_________ Missouri Pacific com____100 Preferred_____________ 1O0 Morris & Essex__________ 50 In January. 12 Months 1924. Shares. Shares. 300 300 101.700 137.700 11,100 20 77.100 297,000 11.100 6,700 42,900 2,300 26,800 2,100 790 41,500 7,500 2,800 300 130,000 4,200 143,700 15,200 1,500 7,300 800 2.900 1,100 6,600 3,500 500 200 384.500 103,400 231,410 220.500 687 19.600 16,200 2,067,000 1.756.200 197,360 110 863,230 487,350 188,100 107,190 315* 175* 60 14* 34 57 Sale Sale Sale 117 76 Sale 324* 185* Sale 25* Sale 58 794* Sale 108 Sale 140 4 24* 114 1174* 125 894* 140 6 Sale 115 Sale Sale 90 98 :A 100 t 305* Sale Sale 254* 15 245* Sale 1304* 77 76 754* 524* Sale 695* ____ Sale Sale Sale Sale 77 St Louis-San Fran tr ctfs. 100 Preferred A trust c t f s ..100 St Louis Southwest_____100 Preferred_____________ 100 Seaboard Air Line______100 Preferred_____________ 100 Southern Pacific C o_____100 Southern Railway_______100 Preferred_____________ 100 176.400 8.300 43,400 13.000 44,780 40.100 417.600 355.400 20,900 2,041,400 264.800 900.300 214.700 809,600 674.000 2,439,975 4,691,190 192.800 Texas & Pacific________ 100 Third Avenue___________100 Twin City Rapid Transit.lOo Preferred______ _____ 1 0 0 Union Pacific__________ 100 Preferred_____________ 100 United Rys Investment-lOo Preferred_____________ 100 Virginia R y & Power____100 65 900 3,500 100 143.900 Wabash________________ 100 Preferred A __________ 100 Preferred B __________ 100 Western M ary’d (new )..100 Second preferred_____100 Western Pacific________ 100 Preferred_____________ 100 West Penn C o_______ no par 7 % preferred_________ 100 Wheeling & L E R y _____100 P referred ..___________100 144,000 240,500 2.700 157,300 39.500 116.900 18.700 16.500 10,466 37.000 14.100 1,650,549 2,543,060 36,228 565.260 189,200 550,570 75,950 146.000 24,100 611.215 255,059 Industrial and Miscell. Abitibi Power & P _ no par _ Adams Eroress_________ 100 Advance Rumely_______ 100 Preferred_____________ 100 Air Reduction Inc____no par Ajax Rubber Inc________ 50 Alaska Gold Mines______10 Alaska Juneau Gold M in. 10 All American Cables....1 0 0 Allied Chem & D ye ..n o par Preferred_____________ 100 Allis Chalmers M fg_____100 Preferred_____________ 100 Amer Agricul Chemical. .100 Preferred____________ .100 American Bank N ote___ 50 Preferred______________ 50 American Beet Sugar_ 100 _ Preferred_____________ 100 Amer Bosch Magneto.no par Am Brake Shoe & F_.no par Preferred_____________ 100 American Can__________ 100 Preferred_____________ 100 Amer Car & Foundry_ 100 _ Preferred_____________ 100 3.800 12,600 3.100 2,700 2,600 74.500 13,100 5,300 900 83.000 7,650 115,600 3,000 50,900 63.300 1,400 800 12.000 400 134,900 6.100 200 708,700 5.100 36.300 1.800 1,700 58,700 72,100 40,800 315.200 607,090 41,300 107,750 9,640 822,650 35,400 607,100 13,960 258.600 264.600 8,600 4,710 175,400 5,800 236,610 67,610 2,200 8,215,600 47,750 114,350 9,900 255* 644* 1164* 115 74 71 3,125 12,100 76,880 238,600 5,160,425 274.300 109.300 3,314 532 2,796,180 420,805 104.100 3.335.200 3,845 54.000 1.173.950 191 60,409 78 52 4* 53 34* 32 20 42 4* 344* 58 64* 144* 87 4* 39 674* Sale Sale Sale 255* 54 234* Sale Sale 625* 62 5* Sale Sale Sale Sale Sale Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 34* Jan. 64* Jan. 304* Jan. 424* Jan. 40 Jan. 604* Jan. 684* Jan. 355* Jan. 24 Jan. 91 Jan. Sale 66 Sale 117 76 714* 244* 645* 1135* 1164* 295* Sale 194* 195* 60 614* 14* 24* 375* Sale 574* 575* 295* 18 594* 14* 33 57 76 4* Sale 1074* Sale 90 474* 7 26 4* 504* 19 25* 46 66 61 354* 854* 37 5* 804* 77 96 Sale 9 31 Sale 23 3 50 70 64 Sale Sale Sale Sale 79 85 465* 9 20 48 20 24* 47 70 604* 284* 745* 305* 724* 774* Sale Sale Sale Sale 77 294* 234* 225* 1265* 754* Sale 68 19 25 30 45 54 70 54 70 24 48 Sale Sale 104* 184* Sale Sale 68 Sale 83 714* 81 60 734* 745* 140 1394* 141 724* Sale Sale 87 1394* 141 25 66 41 485* 18 69 824* 73 4* 1404* 694* 29 81 42 Sale 19 Sale Sale Sale Sale Sale 25 64 34 4* 48 18 67 80 724* 139 685* Sale Sale Sale Sale 785* Sale 37 374* 41 Sale 225* Sale 116 50 584* 75 38 405* 224* 115 334* 594* Sale Sale Sale Sale 62 Sale 604* Sale Sale 79 4* Sale Sale 505* Sale Sale 584* 71 Sale 215* Sale Sale 394* Sale Sale 1024* Sale Sale 775* Sale 3 Sale Sale 444* Sale 124* 14 634* Sale 95 M .309 766,900 1284* Sale 1494* Sale ‘ Sale 80,450 72 744* Sale 94* 104* 265* Sale 311.300 402.300 384* Sale 604* Sale 39 ’ 84,900 35 674* Sale Sale 214* Sale Sale 57 Sale 41 224* 39 Sale 14 4* Sale Sale 244* Sale Sale 344* Sale 594* 854* Sale 475* 1185* Sale Sale 904* 95 15 Sale Sale Sale 275* Sale 744* Sale 114* Sale 384* Sale 67 4* Sale 65* Sale 4* 4* 14* 14* 984* 101 71 Sale 1094* 1114* 454* Sale 894* 93 154* Sale 47 Sale 95 98 514* 54 414* Sale 73 76 36 Sale 77 79 107 4* 113 1044* Sale 1094* Sale 162 164 1204* Sale 63 65 915* Sale 154* Sale 50 Sale 89 Sale 134* Sale .15Sale 14* Sale 113 122 845* Sale 117 4* Sale 724* Sale 1044* Sale 154* Sale 444* Sale 162 Sale 53 55 405* Sale 86 90 33 Sale 99 Sale 109 1104* 1604* Sale 1155* Sale 198 Sale 124 Sale 4 Jan. 65* Jan. 33 5* Jan. 465* Jan. 43 5* Jan. 605* Jan. 71 5* Jan. 405* Jan. 284* Jan. 1014* Jan. 745* 374* 405* 224* 58 Dec. Dec. Aug. Dec. Dec. Aug. Dec. N ov. Dec. Dec. 4 4 1 13 12 8 17 25 5 20 394* Apr. 875* Jan. 294* 644* 117 4* 1174* 76 12 73 8 15* 2 394* 24 184* 12 63 1 34* 26 415* 31 594* 14* 10 85 16 109 Dec. Dec. Dec. Dec. Dec. Dec. Dec. July N ev. N ov. Aug. Dec. Dec. Jan. Dec. Dec. 5 4 5 5 10 6 4 17 21 21 5 5 5 11 17 29 42 304* 65* 20 41 14 15* 284* 50 555* 104* 295* 95* 29 744* 7 2 15 17 8 18 3 29 6 6 20 18 3 3 5 85 514* 134* 42 714* 30 4 534* 75 60 345* 755* 34 4* 74 79 Dec. July Jan. Dec. Jan. Jan. Jan. Dec. Dec. Feb. Dec. Dec. N ov. Dec. Sept. 9 18 4 26 4 4 28 29 30 18 5 15 20 19 12 Jan. 27 265* Jan. 30 205* Nov. Jan. 5 654* Jan. 29 57 4* Oct. Jan. 16 1195* Jan. 7 1004* Mar. Jan. 20 119 Jan. 7 104 Mar. 22 24 4 17 6 715* Jan. 8 Jan. 16 334* Jan. 13 Jan. 8 195* Jan. 29 Jan. 2 62 Jan. 20 Jan. 6 15* Jan. 6 Jan. 16 395* Jan. 26 Jan. 15 585* Jan. 28 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan, Jan. 2 5 3 13 28 14 5 30 8 16 2 2 5 2 28 100 494* 104* 20 52 224* 34* 564* 71 605* 355* 86 384* 825* 78 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 14 13 2 13 3 7 22 12 9 19 31 31 17 13 24* 34* 205* 285* 254* 565* 535* 26 115* 50 64 4* 125* 115* 444* 15* 175* 514* Jan. Oct. Jan. July M ay Dec. Mar. Mar. Jan. Jan. Mar. Oct. N ov. Mar. Jan. Mar. June Aug. M ay Feb. Jan. Jan. Mar. Jan. 12 145 Jan. 15 1204* July 18 145 Dec. 22 Jan. 14 55* Jan. 15 34* July 1 64* Dec. 4 Dec. 4 Jan. 3 25* Jan. 12 14* Aug. 8 3 Jan. 6 1165* Jan. 7 934* Feb. 15 1214* M ay 20 Jan. 2 1245* Jan. 13 994* Feb. 15 1195* Dec. 26 Jan. 6130 Jan. 9 724* Feb. 18 128 Dec. 13 Jan. 6 915* Jan. 14 83 M ay 21 934* Sept. 5 5 173 .Tan. 7 135 Aug. 12 163 Dec. 17 Oct. 22 8 1005* Jan. 5 965* Apr. 3 102 Jan. 19 32 Jan. 6 144* Jan. 2 334* Dec. 18 Jan. 28 274* Jan. 7 16 M ay 24 284* N ov. 21 Jan. 20 264* Jan. 2 124* Apr. 22 29 N ov. 25 Jan. 27 1325* Jan. 10 1024* Jan. 3 133 4* Dec. 27 Jan. 8 774* Jan. 29 725* Feb. 26 804* June 10 21 21 724* M ay 21 784* Dec. 29 Dec. 18 Jan. 16 71 Jan. 9 474* Mar. 3 73 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 6 13 10 2 5 16 12 26 20 30 7 20 14 15 28 16 3 40 62 404* 50 224* 73 854* 77 141 754* 1064* 145* 794* 564* 56 254* 116 66 Feb. 11 Oct. 16 Feb. 14 Dec. 5 N ov. 21 Dec. 13 Aug. 2 Aug. 8 Sept. 3 Dec. 1 Oct. 29 N ov. 28 Dec. 18 Jan. 14 Jan. 14 Dec. 20 Oct. 6 N ov. 20 30 3 2 3 2 2 26 2 3 65 824* 554* 74 244* 454* 1054* 795* 85 Dec. Dec. Dec. N ov. Dec. Dec. N ov. Dec. Dec. 5 5 5 26 4 4 12 19 26 Jan. 10 19 Jan. 3 485* Dec. 85* M ay 20 184* July Jan. 12 Jan. Jan. 2 394* Oct. 2 66 O.Hli Oct. 21 Jan. 10 1265* Mar. 3 1515* Dec. Jan. 5 70 Mar. 20 764* Aug. Dec. 75* Apr. 23 41 Jan. 2 Jan. 3 264* Apr. 21 644* Dec. Feb. 29 725* July Jan. 21 36 4 17 12 3 18 27 19 18 12 12 16 22 43 29 204* 5 424* 95* 12 9 404* 16 714* 10 60 31 137 2 38 Jan. Jan. Jan. Jan. Mar. Mar. Apr. Jaai. Jan. Jan. 3 2 16 3 13 31 23 4 18 4 74* Jan. 2 824* Jan. 6 514* Jan. 30 395* Jan. 30 34 Jan. 30 435* Jan. 6 334* Jan. 5 244* Jan. 9 15 4* 12 12 112 5* Jan. 20 625* Jan. 9 32 Oct. May Oct. Jan. Mar. July Jan. Apr. Jan. Jan. Jan. Jan. Jan. Mar. Jan. Jan. 16 20 21 19 16 16 5 2 2 294* 69 414* 484* 205* 705* 84 755* 1404* 73 5* Sale Sale Sale 705* Sale Sale Sale Sale Sale 574* 76 474* 704* 205* 375* 102 705* 3 445* 134* 62 94 Vt 1495* 744* 20 4* 53 5* 66 Sale Sale Sale Q H Sale 75 Sale Sale Sale 434* Jan. 20 40 114* Jan. 28 145* 58 Jan. 22 654* ‘> 1 1475* Jan. 5 1534* 72 Jan. 30 75 19 Jan. 27 265* 535* Jan. 31 61 644* Jan. 14 694* 225* 595* 44 145* 23 34 92 100 96 15 274* Sale Sale Sale Sale 234* Sale Sale 114 Sale Sale Sale 205* 555* 384* 144* 225* 324* 844* 110 94 5* 145* 274* Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. J c D> L. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 62 Jan. 91 Jan. 14 Jan. 49 Jan. 865* Jan. 11 Jan. .15Jan. 1 Jan. 1 14* 1224* Sale 119 Jan. 815* Jan. 825* Sale 118 Sale 117 Jan. 714* Jan. 774* Sale 1064* Sale 103 4* Jan. 135* Jan. 184* Sale Sale 53 404* Jan. Sale 161 Jan. 179 54 545* 534* Jan. 395* Jan. 404* Sale 81 84 804* Jan. 33 Jan. 404* Sale 964* 98 964* Jan. 107 4* Jan. 1074* 109 1645* Sale 1584* Jan. 115 4* Sale 115 Jan. 200 Sale 192 Jan. 1214* Jan. 1224* 124 65 Sale Sale 51 Sale Sale 5 84* 355* 49 4* 464* 604* 75 395* 294* 99 9 22 3 19 3 10 3 23 30 3 624* 79 484* 704* 225* 404* 1045* 845* 54* 63 97 145* 49 87 4* 115* 2 23 8 2 5 23 8 19 7 10 745* Jan. 26 825* Jan. 10 106 Jan. 16 1125* Jan. 14 144 •5 2 114 5* 1174* 124 884* Sale 27 23 27 28 23 23 16 2 30 6 Jan. Apr. Jan. Feb. Jan. Apr. Mar. M ay Apr. Jan. 705* Jan. 145 54* Sale Sale Sale Sale 91 1,169,400’ 194* Sale 89,300 10 Sale 57,450; 64 65 11 254* 224* 94* 174* 15 58 464* 874* 74* 144* 26 65 4* 1164* 116 74 71 Lowest. Sale Prices. 1364* 5 25* 115 1234* 128 904* 173 100 305* 23 4* 23 5* 1285* 76 76 695* 95 144* 17 124* 104 70 11.400 154* 2.6H0 3 ) 6,400 16 837,965 424* 66.000 10 621,800 414* 36,340 70 59.600 584* 1,791 135 677.100 384* 85 Ask. Sale 35* Sale 6 7 74* 314* Sale Sale Sale 43 4* Sale 41 4* Sale Sale 62 604* 62 Sale 695* Sale 38 4* Sale Sale Sale 25 Sale 96 Sale 94 125 6 14* Sale Sale Sale Sale 1,212,460 102.700 114,820 1,014,725 2,100 544* Sale 284* Sale 14 154* 494* 52 4 7 314* 46 43 604* 70 364* 264* 924* 117 | 34* 14* ' 97 103 774* 86 336.600 5.700 17.700 60.700 8 1,800 8,200 3 14* 3 4 214* Sale 2944 Sale 25 254* Jan 31. Ask. Bid. 85 474* 104* 25 52 22 25* 50 585* 585* 284* 745* 315* 72 4* 775* 1,100 300 1.900 90,750 2,700 13.600 2,200 2,100 283 14.600 4,200 4.300 Jan. 2. Ask. Bid. 41 Sale 13 42 Sale 34 14* Sale 75 60 Sale 304* Sale Sale 764* Pacific Coast____________100 First preferred_______ 10 Second preferred_____100 Pennsylvania____________ 50 Peoria & E astern.._____lOO Pere Marquette________ 100 . Prior preferred_______ 100 Preferred_____________ 100 Pitts Ft W & Chic p re f... Pittsb & West Virginia. .100 Preferred_____________ 100 Rights_______________ _ Reading Company_______ 50 First preferred________ 50 Second preferred______50 Rights________________ Ren ellaer & Sa-atoga_ 10^ _ Rutland R R pref_______ 100 3 ,4 0 0 1924. Bid. 10,210 39 159,550 31 33,800 114* 7,600 35 95,570 685* 16.200 29 137,900 14* 22,450 44 7,00) 65 °50 56 1,996,015 114* 836,010 304* 1,101,600 1 94* 1.403.950 294* 1,277 734* 300 900 10.500 12,600 586,700 14.500 12,000 865 410 188,200 17.600 12.400 75.400 1,200 Jan . 2 249.300 13.200 181,758 1004* 102 47,050 1064* 115 72 1,569 68 3,343 236,146 633.586 12 5* Sale 74.400 10,100 2,200 935,886 19 Sale Sale 33,295 52 14* 3 4,000 Sale 1,933.700 61 168,534 884* Sale Nashv Chatt & St Louis.100 Nat Rys Mex 1st pref_ 100 _ Second preferred_____100 New Orl Tex & Mex v t c . 100 New York Central______100 N Y Chic & St L when iss.100 Preferred when issued. 100 N Y & Harlem__________ 50 N Y Lack & Western___ N Y N H & Hartford_ 100 _ N Y Ontario & Western. 100 Norfolk Southern_ , ___ 100 __ Norfolk & Western_____ 100 Preferred_____________ 100 Northern Central________ 50 Northern Pacific_______ 100 12 82,200 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . S A LE S . STOCKS N. 7 . STOCK EXCHANGE 625* 79 5* 525* 714* 225* 414* 1085* 855* 64* Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 31 2 3 9 31 2 9 31 10 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7 31 31 9 9 13 13 2 31 7 7 6 67 Jan. 5 1034* Jan. 8 154* Jan. 2(1 51 Jan. 30 914* Jan. 21 14 Jan. 2 5* Jan. 6 14* Jan. 5 1224* Jan. 16 855* Jan. 9 1184* Jan. 5 825* Jan. 3 107 Jan. 5 185* Jan. Jan. 5 54 13 179 Jan. If 54 4* Jan. Jan. 5 43 19 874* Jan. 2 544* Jan. 27 102 Jan. 12 110 Jan. 16 1695* Jan. 29 1164* Jan. 5 207 Jan. 9 124 Jan. 10 9 2 5 6 3 14 2 31 2 13 17 20 30 29 30 5 7 6 3 12 3 29 8 3 2 21 20 21 6 5 5 6 14 6 16 16 23 604* 44 4* 175* 264* 394* 94 119 964* 164* 315* Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 194* 425* 33 57 4* 65* 144* 854* 384* 665* 105* 34 224* 85* 154* 145* 58 474* 874* 75* 144* Jan. 4 245* Dec. 5 Jan. 3 605* Dec. 17 Jan. 3 425* Dec. 18 June 3 164* Dec. 18 M ay 15 264* Dec. 18 Jan. 2 364* Dec. 4 Jan. 7 86 4* Dec. 6 Dec. 26 Jan. 3 127 Dec. 11 Apr. 19 97 Jan. 2 174* Dec. 18 Jan. 2 324* Dec. 5 61 Dec. 12 64 Dec. 2 734* Jan. 2 934* Dec. 8 6 June 9 165* Dec. 10 Dec. 10 284* June 14 54 Dec. 9 674* Jan. 2 93 45* M ay 14 144* Dec. 16 .05 Dec. 24 4* Feb. 2 14* Mar. 4 4* Jan. 30 964* M ay 27 1224* Dec. 18 65 Mar. 18 87 4* Dec. 8 110 Apr. 8 1185* Dec. 8 415* M ay 20 735* Dec. 26 90 Apr. 29 1044* Dec. 22 74* Apr. 7 174* July 29 185* Apr. 7 495* Jan. 9 Dec. 12 98 Jan. 8 160 52 M ay 6 56 Sept. 24 36 Mar. 21 494* Feb. 6 Dec. 31 684* Oct. 24 83 224* Apr. 1 384* Jan. 12 Dec. 29 76 Apr. 14 102 104 4* July 10 110 Mar. 26 954* Apr. 21 1634* Dec. 19 109 Jan. 8 119 Oct. 27 1534* Apr. 14 2004* Dec. 31 1185* Apr. 9 125 July 18 F eb ., 1925.] S A LE S STOCKS N. Y . S T O C K E XC H AN G E 12 Months 1924. Shares. Shares. 28.500 American Chain w i________ 7,000 American Chicle_____ no par 200 Preferred_____________ 100 1.700 C ertificates_______ no par 100 Preferred certificates.. 100 44.800 Amer Druggists’ Synd_ 10 _ 16.500 American Express______ 100 40.200 Am Foreign & Power.no par Preferred_____________ nopar 37,' 00 14.000 Am For Pr ctfs 25% pd in .. 1,900 Certificates full paid_____ 5,800 Amer Hide & Leather_ 100 _ 21.000 Preferred_____________ 100 12,700 American Ice (new)_____100 1,200 Preferred_____________ 100 60,000 Amer Internat Corp_____100 30.200 Am La France Fire Eng. .10 300 Preferred................... 100 27,300 American Linseed______100 17.800 Preferred_____________ 100 157,800 Am Locomotive new____100 Preferred_____________ nopar 1.700 43,600 Am Metal temp ctfs_.no par 500 Preferred__________ 100 400 American Piano pref____100 24,765 American Radiator______25 200 Preferred__________ 100 4,200 Amer Railways Express. 100 3,400 Amer Republics______ no par 210 Amer Rolling Mill, pref w i. 9,375 Am Safety Razor n ew .. 100 20.500 Am Ship & Comm___ no par 210,100 Amer Smelt & Refin_____100 4.700 Preferred____ 100 1,500 American Snuff________ 100 Preferred_____________ 100 94,526 Am Steel Foundries ctfs 33 s 2.300 Preferred_____________ 100 173,600 American Sugar Refin_ 100 _ 10.900 Preferred, new_______ 100 6,600 Am Sumatra Tobacco_ 100 _ 200 Preferred______ _ .100 1,910 Am Teleg & Cable______100 211,500 Amer Teleph & T e le g ... 100 59,000 American Tobacco n ew .. B new________________ 76.900 2.700 Preferred. new.ZZZZZ.100 1.400 American Type Foundries __ 150 Preferred_____________ 100 47.700 Amer Wat Wks & E v t c new 900 1st pref (7% ) v t c ___ 100 5.700 Partic pref (6% ) v t c.100 300 Amer Wholesale, pref_ 100 _ 296,300 American W oolen .. . . 100 Preferred______________ . 100 16.700 10,600 Am Writing Paper, pref. 100 400 Certificates___________ 100 6,500 Amer Zinc, Lead & Sm_ 25 _ 14,800 Preferred______________ 25 150,400 Anaconda Copper_______ 50 3.400 Archer Daniels M id_.no par 700 Preferred_____________ 100 3.300 Armour (Del) pref_______ 10 43,300 Arnold Constable__________ 900 Art Metal Construction. . 10 Assets Realization____..1 0 28,200 Associated Dry Goods___ 100 1,200 1st preferred_________ 100 1,000 2d preferred_________ 100 175.500 Associated Oil, new______ 25 57,700 Atl Gulf & W I SS Lines. 100 32.100 Preferred__________ .100 62.100 Atlantic Refining_______ 100 1.700 Preferred_____________ 100 800 Atlas Powder, new_ no par _ 300 Preferred_____________ 100 10,300 Atlas Tack Corp_____ no par 41,800 Austin, Nichols & C o.no par Preferred_____________ 100 700 2,100 Auto Knit Hosiery_ no par _ Auto Sales_______________ 5 0 100 Preferred______________ 5 0 600 Baldwin Locomotive____100 Preferred_____________ 100 Barnet Leather______ no par Preferred__________ .100 Barnsdall Corp, Class A ..2 5 Class B _______________ 25 Bayuk Bros_____________ nopar Preferred Beech-Nut Packing_____Z20 Bethlehem Steel Corp_ 100 _ 7 % preferred____________ Cum conv 8% pref___ 100 Blumenthal, pref_______ 100 Booth Fisheries______ no par 1st preferred_________ 100 British Empire Steel____ 100 1st preferred_________ 100 2d preferred_________ 100 Brooklyn Edison, Inc_ ICO _ Bklyn Un Gas, new.no par Brown Shoe, Inc________ 100 Preferred_____________100 Briggs Manufacturing no par Brunswick-Balke-Coll.no par Brunsw’k Term & Ry SeclOO Burns Bros_____________100 Preferred_____________ 100 Prior preferred_______ 100 New Class B com m on.. Burro’s Add M ach_ no par _ Bush Terminal C o______100 Bush Term Bldgs, pref._1C0 Butte Copp & Zinc v t c _ 5 _ Butterick_______________ 100 Butte & Sup Mining_____10 398,300 Caddo Cent Oil & Ref.no par Calif Packing C o rp ..n o par Calif Petroleum, new____100 Preferred______________ 25 Callahan Zinc-Lead______ 10 Calumet & Arizona M g .1 0 Calumet & Hecla, new_ 25 _ Case (J I) Thresh M ach. 100 Case (JI) Thresh M p f ctflOO Central Leather________ 100 Preferred_____________ 100 11,300 8,400 331,800 16,500 27,800 9,900 6,000 3,300 900 24,600 45,400 1,100 1,000 150 192,200 17,000 6,100 300 61,400 141.500 7,100 2.700 22,400 300 700 800 1,000 43,200 110,800 30,300 1,700 33.600 17.600 600 11,000 3.000 500 4.000 17,900 600 29,700 25,000 66,200 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . In January. Par 25 STOCKS -STOCK EXCHANGE RECORD Jan. 2 1924. Jan. 2. J a n . 31. Ask Bid. Bid. Ask . Bid. 24 22% Sale 61,700 22 7 Sale A 136,910 6,800 7,000 100 195,800 138,300 Ask. Sale 39% Sale 38% Sale 94 ------- 94 95 _____ 37 . 37 38 90 ___ 90 94 5% Sale 6% Sale 5 Vs Sale 98 Sale 162 Sale 150 Sale 16 57 Sale Sale 91% Sale 124% Sale Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 22% Jan. 2 26% 37 Jan. 27 41% 94 Jan. 5 94 7 19 5% Jan. 2 6% 148% Jan. 28 166 IS 6 91 % 121 Jan. 16 127% 6 11% Jan. 27 14 68% Jan. 2 75% 85 Jan. 21 93% 77 Jan. 28 80% 33 Jan. 6 36% 11% Jan. 2 14 97 Jan. 15 97 25% Jan. 3(1 29 53 J an. 2 62% 104% Jan. 5 121% 119% Jan. 7 121% 49% Jan. 27 53% 115 Jan. 1 116% (1 94 Jan. 27 95 89% Jan. 3 105 126% Jan. 13 127% 78% Jan. 6 84 48 Jan. 8 66% 106% Jan. 13 36% Jan. 2 39% 11% Jan. 29 12% 95% Jan. 5 101% 105% Jan. 5 110% 144 Jan. 16 146% Jan. 17 Jan. 3 Jan. 5 13 19 Jan. 22 Jan. 2 7 Jan. 30 Jan. 7 21% 14% 51% 23 88% 3% 88 Mar. Apr. Feb. Sept. N ov. June Apr. 126% 127 12% 69% 91% 79% 34% 11% 94 28% 53 107% 118 53% 115 94% 90 126 80 47 107% 36% 11% 98 107% 145 95 47% 107% 52% 93 12 34% 41 130% i 87% 1 86 104% 112% ,105% | 39% 100% 96 92% 64 95% 5 4 11% 35 47% 27% 89 90 8% 15 Sale 50 . .. Sale Sale Sale Sale 147 100 Sale 108 Sale Sale Sale 38 Sale Sale Sale Sale 104% Sale 109 Sale 101 Sale 96 Sale Sale Sale Sale 11% Sale Sale 28 94 92 Sale 15% 37% 11% 100 109% 145 95 46% 109% 61 98 10% 37% 45% 133 87% 86% 104% 108 103 36% 100 97 97 51% 91 4% 1 10% 34 44% 27% 94 92 11% 14 Sale Sale Sale Sale 147% 100 Sale 110% Sale Sale Sale 43 46 Sale 87% Sale 105 110 110 Sale 101 98 97% Sale Sale Sale 5 10% 34% Sale 29 95 Sale Sale 15 Sale 86 Sale Sale Sale Sale Sale 118 54 89 k Sale Sale Sa e Sale 3 133% 94 101 33% 22% 31 % 95% 114 50 92 10% 31 87% 2% 3% 15 Sale Sale Sale Sale Sale Sale Sale 115 52 94 Sale Sale 89% Sale 5 16% 156 95% 105% 39 25 37 115% 113% 50 90 9% 27% 87% 2% 4% 15% Sale 128 Jan. 5 98 94 Jan. 7 107 101 Jan. 2 Sale 33 Jan. 6 Sale 20 Jan. 5 Sale 31 Jan. 5 Sale 95% Jan. 2 114% 113% Jan. 6 52% 51 Jan. 19 91% 92 Jan. 14 10 9% Jan. 28 27% Jan. 20 Sale 89 87% Jan. 27 Sale 1 % Jan. 7 4% Jan. 27 5 15% Jan. 22 16 157 95% 105 39% 25% 38 116% 114% 52 94 10% 32% 90 2% 4% 16 Jan. Jan. Jan. Jan. Jan. .Tan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 92% Mar. 7 91% Apr. 14 7% Apr. 14 50% Jan. 12 72 Aug. 7 73% N ov. 14 17% Mar. 15 10 M ay 15 95 Feb. 2 13% M ay 31 30 Apr. 19 70% Apr. 19 116% Apr. 2 38% June 8 107% Apr. 7 92 Nov. 17 94% Apr. IS 120% M ay 13 77% N ov. 17 25 Jan. Jan. 98 10 35% Dec. 13 10% Oct. 15 57% Jan. 26 96 Jan. 23 134 Apr. 94% Dec. 12 33% Apr. 15 101% Apr. 23 36 Oct. 20 77 Oct. 9 6 % July 19 22% Sept. 28 38% Dec. 3 121% June 5 | 82% Dec. 7 1 81% N ov. 14 101 Apr. 2 106 Sept. 8 105% Dec. 2 24% Nov. 13 89% Mar. 21 66 Feb. 20 90 Aug. 6 51% Sept. 20 90 Oct. 3 1% Apr. 2 1 N ov. 9 7 Mar. 9 24 June 3 28% M ay 8 28% Dec. 19 90 Dec. 10 83% June 28 6 Oct. 14 14% Oct. % Mar. 30 79 Jan. 29 83% M ay 30 89 Jan. 31 27% July 19 10 % Mar. 19 12% Jan. 30 78% July 9 108 Oct. 29 47 Apr. 9 82% Feb. 10 5 June 12 18% Mar. 23 79 Apr. 2 1% N ov. 27 3 Jan. 17 11% Jan. 4,062,110 125% Sale 9,250 111 8,300 24 30 600 80 90 425,800 16 Sale 59.300 10% 10^ 48.800 57 Sale 2.100 90 99 230.200 107 2,150,600 53% Sale 59.100 91 Sale 17.500 103 108 2.700 90 93 J i 77,760 Sale 6 3.600 38 40 6.700 4% 3% 2,530 10.300 15% Sale 201,510 111 Sale 486,680 64.500 47% 50 4,800 90% 91 131% 116 35 92 23% 17% 47 96 71% 50% 95% 110 Sale Sale 37% 96 Sale S,ale S de 97 Sale Sale Sale 112 79 5% Sale 28 32 2% 3 132% 116% 36 94 25% 21% 46 98 69% 51 102 116% _____ 6 29 3% 33% 11% 127% 81% 73% 100 39% Sale Sale 39 100 Sale Sale 47 98% Sale Sale Sale Sale 80 Sale 36 3% Sale Sale Sale Sale Sale Sale Sale 14 31 12 24 29 29 5 29 10 13 31 31, 3 98% 94% 114% 21 75% 75 97 4% Sale Sale 116% 22% Sale 212,150 84,850 99.700 361,010 218,100 19.000 1,112,940 79.400 3.000 132.800 53.900 649.900 9,840 212.400 3.900 1,600 191,300 1.000 8,915 8,800 7,500 22.700 258.200 592,550 51.129 14,415 1,853 390,820 6,730 1,424,590 70,620 179,699 11.000 5,894 644,326 76.900 99.500 29,200 17.100 300 203.500 15.500 94.400 3.600 1,748,400 35,000 61.100 5,400 81,384 71.300 1,744,079 400 100 35.700 99,125 2,000 96 % Sale 9% Sale 50% Sale 88 Sale 79)4 81 24 Sale 10% Sale 18)4 Sale 36)4 Sale 75 115% 43 108% Sale 1173 /. Sale Sale 96)4 Sale 121 22 98 ---_ _ Sale 11% Sale 58 Vs Sale 96 135 38% 102 55 Ys 94 21 14 52 40 1251* Sale 137 y. 100 Sale 104 Sale 98 Sale 64 43 Sale 101 Vs Sale 89% 90^ 66)4 Sale 89 93 73Vs Sale 98)4 109 k 42% Sale 2% Sale 8)4 Sa e 27)4 29k 36% Sale 92% Sale 13 Sale 15% 17 31.500 279.500 81 16,118 85 10,924 89 528,340 29% 359.900 15 125,000 12 % 253,430 132 14.800 117 8,421 52 1,667 85 34.100 9% 236.400 28% 11,230 87 7% 29.100 3.900 2% 3.100 10 46.300 1 15 85.100 104% Sale 11,900 93 97% 800 83.300 24% Sale 11.700 1.100 4,400 205,100 75.100 288.400 88 91 5% Sale 18% 19 15% Sale 2% Sale 83,800 Sale 96.400 83 1,118,900 26% Sale 36,550 101% Sale 205.400 4% Sale 65.700 43% 44 46.776 18% Sale 35.700 24 Sale 23.400 69 75 419,500 13% Sale 706,900 38 Sale 9% 121 79% 72% 97 Sale Sale 13% Sale Sale 80% Sale Sale 100 Sale Sale Sale 120 Sale 119 95% Sale Lowest. Sale Prices. Sale Sale Sale Sale 99 4 5 96% Sale _____ 97 118 22 23 64% 65 65% 96 98 8% Sale 24 Sale 23% Sale 1% 104 23% 100 4% 57% 18% 29 62 19% 56% 11% 12 71% Sale 88 Sale 76% 77 36% Sale 12% Sale 96 97 28% Sale 62% Sale 115% Sale 120% 121% 50% Sale 1 1 4 % ------93% 94% 100% Sale 1 2 5 % ......... 81 82 59 63 99 8 Vs Sale 22% 23 20% Sale 46 108 47% 91 % 10% 38 40% 123% 85% 84% 104% 106% 108% 34% 100 95% 96 49% 85% 4% 3% 10% 31 43% 26 90% 91 8 15 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. 30 49 7 110% 16 68 16 99 20 12% 6 38% 8 45% 15 136% 3 89% 3 88% 5 105 20 112% 20 110 13 39% 9 102 2 98% 8 97% 29 64% 26 96% 31 7% 2 4 29 12% 23 39 27 48 7 28% 5 95 29 93% 5 12% 7 15% 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. 128% 115 35 93% 21% 17% 45% 97 66 50% 95% 110% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 5 5 26 21 2 29 10 5 21 5 7 137% 116% 37% 96 26 21% 48% 98 74% 53% 102 116% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 28 3 Jan. Jan. Jan. 8% 120% 77% 70 98% Jan. Jan. Jan. Jan. Jan. 6 5 5 5 21 2 6 26 6 29 1° 16 7 10 9 9 3 7 34% 3% 33% 11% 133 83% 78% 100% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 4% 103% 96% 117 23% 81 % Jan. Jan. Jan. Jan. Jan. Jan. 4 Jan. 94% Jan. 93% Jan. 20 65 Jan. Jan. 96% 7 21 % 18% Jan. 6 98 Jan. Jan. 27 8% Jan. Jan. 15 28% Jan. Jan. 28 24% Jan. 104% 110% 23% 85 14 10 39% 95% 44% 37% 89% 101% 73 lo! 3% 9 ; 20 26 1% 31 30 .3 1 5 7 107% 22 56% 10 39 19 84 31 “1 > 14 1 12 95 7 95% 22 118 14 19% 20 62% 60 16 88% 2 3% 3 17 9 14 1% Sale 1% Jan. 8 2% Jan. 12 1% Sale 102% Sale 100% Jan. 27 106% Jan. 3 Sale 28% Sale 23% Jan. 2 29 Jan. 29 Sale 106% Sale 100 Jan. 2 107% Jan. 29 Sale 3% Jan. 29 4% Jan. 2 3% Sale Sale 54 Jan. 5 58 Jan. 7 54% 55 16% 17% 17% Jan. 26 18% Jan. 5 Sale Sale 29 Jan. 2 30% Jan. 23 30 Sale 66 62 Jan. 8 67 % Jan. 14 64 66 Sale 18% Sale 18% Jan. 27 20% Jan. 10 Sale 56 Sale 55 Jan. 8 58% Jan. 13 1 80 19% 92% 2% 41% 13% 14 41% 9% 29% M ay June Nov. Feb. Feb. Jan. M ay Oct. Apr. Oct. June Apr. Nov. June June Nov. Aug. Nov. June Apr. May June 21 22 15 15 19 6 15 25 40% 93% 39 88% 7 164% Sept. 5 Dec. 17 Dec. 5 Dec. 17 N ov. 19 Oct. 25 Dec. 31 Dec. 22 Dec. 22 Dec. 9 Dec. 5 Feb. 7 Feb. 5 N ov. 26 1 2 % Jan. 9 103 N ov. 6 28% Dec. 31 53% Dec. 31 109% Dec. 31 120% Sept. 29 54 Dec. 30 115% Dec. 29 95% Dec. 2 136 Dec. 15 125 June 6 83 Oct. 9 48 Dec. 29 110 Dec. 12 40% N ov. 29 15% Feb. 11 100% Dec. 26 107% Dec. 26 153 N o v .18 100 Aug. 5 49 Dec. 29 109% N ov. 19 61% Feb. 1 99% Feb. 11 28% Jan. 9 69 Jan. 16 43% Jan. 8 134% Dec. 18 89 Dec. 20 87% Dec. 20 106% July 23 Sept. 18 115 Dec. 9 109 41% Dec. l8 Dec. 11 101 102 N ov. 17 99% Feb. 13 78% Jan. 11 102% Jan. 19 7 July 14 4 % July 14 1 2 % Dec. 29 36% Dec. 27 48% Dec. 29 29 Dec. 24 91% Dec. 30 94% Dec. 13 15 Jan. 9 16% Jan. 4 1 Dec. 4 140% N ov. 19 94 N ov. 20 1 0 2 % Dec. 30 34% Feb. 5 Dec. 9 23 31% Dec. 31 140% Jan. 31 Feb. 7 118 54% Feb. 1 Dec. 22 93 1 1 % Jan. 19 33% Dec’. 12 91 N ov. 25 8 % Jan. 2 4% Dec. 17 Dec. 19 16 132% 133 14% 72% 96 83 35% 20 134% Dec. 10 117% N ov. 39 Dec. Dec. 95 23% Dec. 17% Dec. 59 Jan. 98 Sept. 72% Dec. 22| 62% Feb. Feb. 30 97 110% Feb. 93 Jan. 7% Jan. 42% Jan. 6 Aug. Mar. 54 15% Jan. 124% Dec. 82% Dec. 76% Dec. 99% Dec. 27 28 18 6 31 31 5 29 30 5 11 15 21 9 10 4 12 11 12 16 1 1 Jan. Dec. Mar. Dec. Feb. Nov. Feb. Jan. June Apr. M ay M ay Apr. Nov. Oct. Dec. 102 Aug. 9% Dec. 25% Dec. 25% Dec. 7 17 21 10 22 8 1 30 27 Nov. Apr. July July M ay Mar. May Mar. M ay Mar. Mar. 4% 106% 29% 107 5% 58% 19% 35 77 21% 88% Jan. Dec. Feb. Jan. Jan. Dec. Dec. Dec. Jan. Dec. Dec. 19 30 5 31 9 29 29 8 11 15 15 5% Dec. 9 112 % June 27 99% 120 % 29 67% 73 36 [V ol. 120. STOCKS-STOCK EXCHANGE RECORD SALE S . STOCKS N. Y . STOCK EXCHANGE Par Century Rib Mills_________ Preferred____________ 10( Cerro de Pasco C op_ no par _ Certain-Teed Prod_ no par _ 1st preferred_________ 100 Second preferred_____100 Chandler M Car (The)no par Chic Pneumatic T ool____100 Chicago Yellow Cab_.no par Chile Copper_____________25 Chino Copper_____________5 CJuett, Peabody & C o_ 100 _ Preferred_____________ 100 Coca Cola___________ no par Preferred_____________ 100 Colorado Fuel & Iron___ 100 Columbia G & E w i_ _no pat Preferred_____________ 100 Columbian Carbon_____ Com Inv Trust_____ no par Preferred_____________ 100 Commercial Solvents A __ B ____________________ R ights_______________ Congoleum C o_______ no par Conley Tin Foil_________ Consolidated Cigar_ no par _ Preferred_____________ 100 Consol Distributors_.no par Consolidated Gas w i ____ Consol Textile_______ no par R ights_______________ Continental Can Inc pref 100 Continental Can w i_____ R ights_______________ Continental Insurance____25 Continental M otors_____ Corn Prod Refg pref____100 New w i______________ Cosden & C o________ no par Preferred_____________ Crex Carpet____________100 Crucible Steel o f Amer_.100 Preferred_____________ 100 Cuba Cane Sugar___ no pat Preferred_____________ 100 _ Cuban American Sugar_ If Preferred_____________ 100 Cuban Dominion Sugar___ t Preferred_____________ 100 Cushmans Sons______ no par Preferred_____________ 100 Cuyamel Fruit__________ In January. 12 Months 1924. Shares. Shares. 32,100 1,100 92.300 66.300 600 300 94,900 18,400 2.500 158,700 4,450 17,000 400 173,100 100 185.400 85.300 7,900 12.500 3,200 400 29.500 36.200 13.0C0 131.400 11.200 38,800 5.500 153.300 206.300 121.600 96,100 32,000 392,700 2,100 127.100 385,400 2,500 400 136,200 3,300 33,200 65.100 50,820 500 11.600 5,000 2,700 17,400 Daniel Boone Wool Mills.27 Davison Chem v t c_.no pat DeBcers Cons Mines.no pa Deere & Co pref________ 100 Detroit Edison_________ 100 Devoe & Raynolds 1st pf.100 Diamond M atch________ 100 _ Dome Mines Ltd new_ Douglas Pectin______no par Duquesne Light 1st pref.100 Durl am H osiery________ 50 Preferred_____________ 100 11.200 148,700 Eastman Kodak________ 100 Eaton Axle & Spring, .no par E I du Pont de Nem & ColOO 6% cumul pref_______ 100 Electric Storage Battery. 100 Elk Horn Coal Corp______50 Preferred______________ 50 Emerson-Brantingham. .100 Preferred_____________ 100 Endicott-Johnson_______ 50 Preferred_____________ 100 Exchange Buffet Corp_ _ 106,300 5.900 184.600 2.800 154,700 300 1,000 900 11,750 100 39,400 13,100 5,050 500 100 1,700 1.100 14.800 500 2,000 Fairbanks Co (The)______ 25 900 Fairbanks Morse temp c tfs .. 24.100 Fam Players-Lasky. .no par 157.600 Preferred_____________ 100 10,600 Fed’l Lt & Tr pref temp ctfs 28.100 Preferred_____________ 100 100 Federal Min & Smelt____ 100 4.800 Preferred_____________ 100 13,900 Fidelity Phenix Fire Ins___ 5,920 Fifth Avenue Bus____no par 2.900 Fisher Body Corp____ no par 11.700 N ew __________________ nopar 6,20r Fisher Body Ohio pref___100 600 Fisk Rubber_____________25 110,000 1st preferred_________ 100 13.700 Fleischmann C o__________ t 31.000 Foundation C o____________ 85.080 Franklin Simon pref____ 100 600 Freeport Texas C o___no par 29.800 Gardner M otor____________ 40.700 Gen Am Tank Car_ no par _ 23.300 7% preferred_________ 100 900 General Asphalt________ 100 123,100 Preferred_____________ 100 7.100 Gen Baking C o______no par 3.400 Preferred_________ no par 100 General Cigar Inc_______ 100 10,200 Preferred_____________ 100 600 Debenture pref (7 %) - -100 700 General Electric________ 100 170,410 Special when issued______ 36.500 Gen Motors Corp new no par 2,722,700 Preferred_____________ 100 300 6 % debenture stock_ 100 _ 600 Preferred 7% new____ 26.150 General Petroleum______ 279,400 General Refractories_.no par 23,180 Gimbel Brothers_________ 67.700 Preferred______________ 3.200 Ginger C o__________ no par 3,300 Glidden & C o________ no par 48.000 Gold Dust ctfs w i____no par 2.200 Goodrich (B F )______ no par 85.500 Preferred_____________ 100 3.800 Goodyear Tire pr p f w i. . 100 12.500 Preferred_____________ 24.100 Granby Cons M S & P ..1 0 0 16,600 Gray & Davis Inc____no par 16.400 Great Western Sugar_____ 25 24.800 Great Western Sugar p re f.. 1,700 Greene Cananea Copper. 100 5,100 Guantanamo Sugar_ no par _ 3,200 Preferred--------------------100 100 R igh ts_______________ Price about Jan. 2 1924. Bid. P R IC E S I N Jan. 2. Ask. Bid. 36,100 28% 30 29% 1,30 90 97% 94 931,000 45% Sale 55 80,000 _____ 30 44 3,100 800 933,800 66% Sale 36% 65,152 83 Sale 97% 150,599 54 27% Sale 37% 17% Sale 27% 73% Sale 60% 91 93 102 77% Sale 80% 91 93 95 24 25% 43% 35%-Sale 47% Jan 31. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Priced* Ask. Bid. Ask. Sale 113 Sale 9 Sale 119% Sale 38% Sale 35 Sale 87 50 43 Sale 74 Sale 94% Sale 13 Sale 57 Sale 30% 98% 99 Sale 5% Sale 41 68 67 100 Sale 51% Sale Sale 120% Sale Sale 89% 45 Sale 96% Sale Sale Sale 99% Sale Sale 72 103 8% 118% 38% 26% 83 43 72% 93 12% 56% 29% 98 5% 39% 65 Sale 51 Jan. 37% Sale 31% Jan. 5 42 96 95% Jan. 3 98% Jan. 98 53% Sale 52% Jan. 28 55% Jan. Sale 41% Jan. 8 46% Jan. 43 28 90% Jan. 90% 6 Sale 28% Jan. 22 36% Jan. 30% Sale Sale Sale 87 85% Jan. 29 98% Jan. 55 51 Jan. 21 55 Jan. 50% 54 Sale Sale 37 35% Jan. 28 37% Jan. Sale 24% Jan. 27 27% Jan. 25% Sale Sale 66% Sale 60% Jan. 2 71% Jan. 104 103% 104 103% Jan. 16 104% Jan. Sale 87% Sale 80 Jan. 6 91 % Jan. 99 99 Jan. 27 99 Jan. 97 100 Sale 42% Jan. 21 48% Jan. 45% Sale Sale 48% Sale 45% Jan. 21 49% Jan. Sale 104% Jan. 3 107 Sale 48% Jan. 20 51% Jan. 148,925 49% Sale 49 48% 50 Sale 16,526 50 50 Jan. 2 60 Jan. 56% 59 103% 103 103 106% 103 Jan. 5 106% Jan. Sale 161% Sale 109% Jan. 9 190 Jan. 40% 42% 121 122% Sale 167 Sale 9 189 Jan. 33 37 6% Sale 9 45 Sale Sale 42% Sale 39% Jan. 30 43% Jan. 40 10% 12% 14% Sale 15% 15% 14 Jan. 3 15% Jan. 21 Sale 26% Sale 26% Jan. 2 32 Jan. 31% Sale 63% 67 79% Sale 87 79% Jan. 2 87% Jan. 86 _ ______ _ 3% Sale 7% Sale 3% Jan. 7 8% Jan. 61% Sale 76% Sale 76% Sale 75% Jan. 27 78 Jan. 4% Sale 4% Jan. 2 5% Jan. 6 k Sale 4 % Sale __ _ _____ 112 3 115 X 105 Sale 112% 115 55% Sale Sale 67% Sale' 6 6 k Jan. 27 69% Jan. 69 90 94% 7% Sale 119% 122 ___________ 36 Sale 92% Sale 4.914 20% 23 66 7 Sale A 88 90% 15% Sale 62% Sale 33% Sale 96% 98% 7 7% 44 47% __ __ _ _ _ _ _ _ _ 70 Sale 105 8% 121 40% 26% 83 41 74% 93% 13 59 29% 96% 6 43% 66 100 I 54 33% 96 Sale Sale R A N G E FOR Y E A R 1924. JAN U ARY. 1 ___________ 4% 5% Sale 7% Sale .66 Sale 42% 45 % Sale 45% Sale . 18% Sale 22% 23% 23 23% Sale 1 62 S le 81% 83% 88% 89% 82% 105% Sale 112% Sale 114% Sale 110 9 0 % _____ 96% 100 100 97% 97 ___ 116 119 19% Sale 14% 13% Sale 15% Sale Sale 15 Sale 15 11% 11% 16 102% 103 105% Sale 106 107 105 8 8 12 9 Sale 8 2 80 500 55 40 50 40 50 184,200 115,900 884.500 20.900 324,400, 17.200 1,200 109% 22 131 % 86 60 % 12% Sale Sale Sale Sale 61 17.900 1 1% 9 11 23,260 117.250 65% Sale 16.500 113% Sale 22 37,100 20 4,900 98,640 ,189,800 71 % 36.200 89 % 32.500 2.410 9% 29.200 149.500 41% 8,605 119 9% 444.250 90,450 165 Sale Sale Sale Sale Sale 115 13 144 95% 66% 9 12% 20 % 25 21 2 2% Sale 15 Sale 11 % Sale 69 68% 113% 18% 19 % Sale 111 15 13914 94 % 62 % 12% 1 1 % 2)4 32% 97% 107 116 84 10% 21% Sale 61 Vs 123% Sale 11% 239 167 3 Sale Sale Sale Sale 87 24 Sale 103 13% 85 85% 91 104% 10% 106 Sale Sale Sale Sale Sale Sale Sale Sale 8.600 97 99 570.900 8 % Sale 78.230 556 000 44 % Sale 420.900 66 68 1,600 423,200, 12 % Sale 45,100 6 Sale 94.650 Sale 8,900 46 97 889.400 95 Sale 36.000 40 80.900 75% Sale Sale 300 95 117.370 110% -----1.300 96 % Sale 5.260 2,507,098 104% 106% 251.0521 196 Sale 541.8001 10% Sale 20.250 75,400 81% 82% 53.900 81% Sale 754,800 30,500 249.400 52% Sale 32,243 49% Sale Sale 9,200 99 141,960 8% 9 158,240 271,960i 31,300 22% Sale 75% 62,5001 73 280.850 88% Sale Sale 174,200 40 Sale 77.650 15 7% Sale 296,500 15,627 57,160 105% 105% 69,800 15% Sale 325 82% 93 7% Sale 28.250 12 Sale 4% Sale 63 Sale 100 Sale 145 Sale 119 121 96% Sale 103 108 105 110 317 Sale 11% Sale 66 Sale 92 94 92 94 102% Sale 42% Sale 53 Sale 55% Sale 105 Sale 24 Sale 14 Sale 42% Sale 37% Sale 90 92 104 Sale 89% Sale 20% Sale 4% Sale 92% Sale 111% Sale 19% Sale 5% Sale 92 ' 1-64 Sale Sale Sale Sale Sale Sale 11% 26 Sale Sale Sale Sale Sale 2% 3% Sale Sale 106 135 86% 21% 23% 60% Sale 152 151 12% 13 34% 94% 105 132 85% Sale 106 Sale Sale Sale Sale Sale 10% Sale 65% 105% 11% 79% 83% 106% 104% 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. 31 55% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Nov. N ov. Jan. M ay Jan. M a r. D ec. N ov. June M a r. Nov. D ec. 118 16 146 96 70% 10% 20% 2% 15 72 114 19% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 19 104% Apr. 8 % Sept. 3 14 112 M a y 13 85 Apr. 3 50% M a y Dec. 22 11 D ec. 19 21 3 % June 7% Apr. 2 9 55 % M a y 29 105% Jan. D ec. 3 18 3 35% 100% 19 110 3,137 14 85 28 25 5 64% 6 166% 8 13 2 280 27 68% 6 106 23 13% 16 85% 86% 106% 104% 11% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 25% 61 87% 74% 74% 5% 41% 12 118 15 9% 12 163 15 21 98 2 5% 14 38% 2 44% 31 66% 8 104 2 7% 110% Jan. 5 12% Jan. 24 134% Jan. 5 Jan. 23 94 62% Jan. 2 10 Jan. 22 20 % Jan.J 19 Jan. 5 2 11% Jan. 31 Jan. 27 68 112% Jan. 21 Jan. 23 2% 32% 93% 105% 114% 85 20% 60% 147% 12 239 63% 104% 11 75% 81% 90 104% 9% 120% 10% 121 41 % .35 87% 44% 79% 96 13% 60% 31 % 99% 6 44% 73 6 Jan. 30 7% Jan. 9 Jan. 5 49% Jan. 23 38% Jan. 28 24% Jan. 28 18% Jan. 6 88% Jan. 13 61% Jan. 5 115 Jan. 7 101% Jan. 21 97% Jan. 29 93 119 Jan. 13 16% Jan. 19 11 % 9% Jan. 21 16% Jan. 12 Jan. 7 107 Jan. 30 100% 5 Jan. 31 9 Jan. 31 40 4% Jan. Sale 51 Jan. 54 97% Jan. 99 56% Jan. Sale 95% Jan. 100 145 140 Jan. 119 Jan. 123 111 94% Jan. 95% Sale 106% 108% 105 Jan. 110 107 Jan. 105 Sale 302% Jan. 308 11 Jan. 11% Sale 64% Jan. 74% Sale 93 Jan. 95 90 92% Jan. 90 95 108% Sale 102 Jan. 42 Jan. 47% Sale 53 Jan. 55% Sale 51% Jan. Sale 54 102 103% 103 Jan. 22% Jan. 1 Sale 13 Jan. 14% Sale 40 Jan. 41% Sale 36% Jan. 43% Sale 92 Jan. Sale 95 105% 103% Jan. 105 86% Jan. Sale 90 18 Jan. Sale 20 4% Jan. 5% 5% 91 Jan. Sale 92 110% Sale 110 Jan. 17 Jan. 18% Sale 5% Jan. 5% Sale 80 Jan. 80 85 8 53% 98 60% 99% 141 5 2 7 20 2 2 26 16 2 12 14 2 9 26 3(1 6 13 25% Apr. 19 35% N ov. 21 Jan. 2r 9 5 July 24 14 91 2 40% Mar. 31 56% Dec. 29 10 24% June 17 44% Dec. 17 N ov. 13 19 73% M ay 26 87 6 75 Sept. 15 75 Sept. 15 3 26% N ov. 10 66% Jan. 2 3 79% M ay 15 100% Dec. 30 3 39 M ay 12 61 % Apr. 10 2 25% Mar. 29 38% Dec. 29 Dec. 27 2 15 Mar. 28 29 Oct. 7 75% Jan. 30 12 55 22 100% Jan. 29 105% Jan. 22 Apr. 21 83% Dec. 9 23 61 27 92 June 3 99 N ov. 25 13 24% Feb. 15 54% Aug. 5 Dec. 29 26 33 Mar. 21 48 Dec. 31 26 103% Dec. 11 105 8 39% Sept. 30 55% Jan. 18 24 30% May 13 58 N ov. 26 19 93 M ay 10 103 N ov. 5 29 43% Jan. 11 131% Dec. 17 29 33 Jan. 15 129% Dec. 17 % Dec. 9 9% Dec. 17 3 2 32% May 19 66% Feb. 18 7% M ay 21 14% Dec. 31 20 29 11% Mar. 25 30 N ov. 28 28 59% Apr. 24 84 Jan. 15 % Jan. 6 3% Dec. 30 30 7 60% Jan. 2 79% Dec. 12 2% Apr. 22 8 Jan. 5 7 hs Dec. 2 > 2 Dec. 1 3 . 104% Jan. 26 114 June 4 2 43% Apr. 14 69% Dec. 30 1% Dec. 1 ® N ov. 19 i6 26 89% Apr. 14 109% Dec. 23 6 Apr. 22 8% Dec. 10 13 3 115% Apr. 16 123% Aug. 7 2 31% Jan. 15 43% N ov. 28 31 22% Sept. 30 40% Feb. 5 Feb. 6 Dec. 24 95 30 80 Feb. 5 43 Dec. 2 27 21 Dec. 29 17 48 May 13 76 Dec. 8 M ay 22 98 15 86 7 10% Oct. 22 18 Feb. 6 7 53% Apr. 21 71% Feb. 11 7 28% Nov. 11 38% Feb. 11 8 96 Jan. 4 100% N ov. 21 4% June 16 8% Feb. 5 2 6 38 Dec. 15 52 Feb. 5 19 56% Aug. 26 76% Sept. 24 Dec. 30 100 Dec. 30 100 7 45% N ov. 10 74% Jan. 3 8% Jan. 58% Jan. 90 Jan. 63% Jan. 100 Jan. 147% Jan. 119 Jan. 98 %Jan. 108 Jan. 109 Jan. 320 Jan. 11% Jan. 75% Jan. 94% Jan. 94 Jan. 108% Jan. 47% Jan. 58% Jan. 57 Jan. 105% Jan. 25% Jan. 15% Jan. 42% Jan. 45% Jan. 96 Jan. 107 Jan. 93% Jan. 21% Jan. 7% Jan. 94 Jan. 111% Jan. 19% Jan. 6% Jan. 80 Jan. 5 7 10 8 9 14 19 15 12 10 19 2 2 2 9 10 5 23 2 3 23 21 13 30 31 14 13 20 3 29 2 15 10 22 10 14 3 7 3 2 5 23 D ec. M ay Jan. Jan. M ay June Apr. Jan. M ar. Jan. Jan. Mar. Jan. Dec. N ov. Dec. Aug. Feb. 122 20 % Jan. Dec. 18 108% Sept. July 8 Feb. 57 6 8 5 13 9 13 15 7 3 24 24 5 14% 25 3% 16 73% 115 24% N ov. Jan. Dec. Dec. Dec. July Jan. July Dec. Dec. Jan. Aug. 26 8 26 16 4 26 12 29 19 1 17 1 4% 34 98% 108% 29 122% 4 85% 2l! 24% 2 64% 17 146 3 13% 23 240 Jan. Dec. Dec. Dec. Dec. Dec. Dec. Dec. Dec. Jan. Dec. 15 5 30 30 16 16 29 26 17 18 29 32% 69% 22% 84 115% 98% 114% 24% 142 96 66 Jan. 29 106% Dec. 5 June 6 13% Dec. 10 July 86 Dec. 29 Jan. 90% N ov. 28 Jan. 94% Dec. 17 Dec. 106% N ov. 14 Sept. 13% Jan. 7. 3% Oct. 35% M ay 92 F eb. 31% Apr. 71% Apr. 93 Jan. 113 Aug. 82% Apr. 101% Mar. 100 Apr. 193% Jan. 10% Apr. 55% Oct. 80 June 80% June 95% July 38% June 31 June 47% June 99 Jan. 21 Dec. 8 June 28% Apr. 17 June 70% May 88% Jan. 39 Jan. 12% Apr. 2% Oct. 83% Oct. 105 Apr. 10 May 4% Nov. 89% Oct. *6 Dec. 4 7 Jan. 9 53 Dec. 19 99% Dec. 8 63% Dec. 31 100 Dec. 31 160 Sept. 24 120 Dec. 15 98% Dec. 15 106 Dec. 30 109 Dec. 20 322 Dec. 31 11% July 11 66% Dec. 27 93 Dec. 10 93% Dec. 10 103% Dec. 9 45 Aug. 4 55 Jan. 18 64% Dec. 18 107 Sept. 18 27% N ov. 13 15 N ov. 19 43% N ov. 26 38 Dec. 29 92 Dec. 16 108% Dec. 18 90% Dec. 18 21% Dec. 27 9% Jan. 11 96% Dec. 13 115 Dec. 11 21% Dec. 29 10% Feb. 6 93 Mar. 12 *i« Dec. 11 F eb., 1925.] S A LE S STOCKS N.iY. STOCK EXCHANGE Gulf States Steel tr ctfs.-J.00 First preferred_______ 100 Hanna lstpreferred_____ l60 Harbison Walker Ref____ 100 Hartman Corp, new_____ 100 Hayes Wheel________ no par Preferred_____________ 100 Helme (G W )..................... 25 Preferred_____________ 100 Hoe (R) & Co class A ______ Homestake Mining_____ 100 Household Products, .no par Houston Oil of Texas____ 100 Hudson Motor Car___ no par Hupp Motor Car Corp___ 10 Hydraulic Steel______ no par Preferred_____________ 100 Shares. Shares. Jan. 2 12 Months 1924. 88.40C 20C 300 63,600 104,300 1,400 3,700 2,500 3,500 44,400 104,300 114,400 53,300 13,300 600 446,200 7,500 22,400 400 16 39,400 Jewel Tea Inc___________100 Preferred_____________ 100 Jones Bros Tea Inc_____100 Jones & La’l’n Steel prefn ew Jordan Motor Car___ no pa Kansas City Lt 1st pf.no par Kansas & Gulf____________ Kayser (J) & Co (new )..100 1st pref (new)________ 100 Kelly-Springfield Tire___ 25 Preferred 6 % ________ 100 Preferred 8 % ________ 100 Kelsey Wheel Inc_______ 100 Preferred____________ l6 Kennecott Copper_ no par _ Keystone Tire & Rubb___10 Kinney (G R )______________ Preferred____________ 10 Kresge (S S) C o________ 100 Kresge Dept Stores_ no par _ Preferred_____________ 100 Kuppenheimer_____________ B preferred___________100 4,300 3.000 6,600 400 43,000 1,900 Laclede Gas (St L ouis)..100 Preferred_____________ 100 Lee Rubber & Tire_ no par _ Lima Loco Works___ no par Liggett & Myers Tob pf.100 N ew___________________25 B new_________________ 25 R igh ts__________________ Loews Incorporated, .no par Loft Incorporated___ no par Long Bell Lumber A ..n o par Loose-Wiles Bis tr ctfs_ 100 _ First preferred_______ 10° 2d preferred_________ 100 Lorillard (P) pref_______ 100 New__________________ 25 Louisiana Oil____________ no par Ludlum Steel____________ nopar 1 ,0 0 0 29,700 26,400 8 ,0 0 0 21,139 97,000 54,500 2.400 21,700 129.400 292,300 1,905 120,400 2 ,0 0 0 10 0 2 ,1 0 0 10 0 13,500 6,300 25.070 1,800 2 1 ,2 0 0 18,100 500 33,700 500 600 4,500 400 325,300 13,600 5,400 200 2.600 14,200 700 7,800 7,200 59,700 7,200 9,000 17,700 97 B00 63,800 844,800 1 ,1 0 0 1 0 ,1 0 0 10 0 373,900 724,400 1,500 2 ,1 0 0 500 13,500 23,500 105,510 630,700 728,680 274,100 109,620 3,800 1924. Bid. Jan . Ask. Bid. 83 54 Sale . . 10054 9054 Sale 2 8 Sells 391,406 69,300 19 54 Sale 514 Sale 109,250 900 3,440 159 Sale 186,400 36 Sale 14,400 9834 1 0 1 54 397,300 25 Vs Sale 41,610 434 Sale 460 184,800 Sale 149,880 43 1,558,260 2434 Sale 145,950 304,999 7814 79 31,100 10634 107 6 54 Sale 288,850 31 % Sale 1 ,2 1 2 , 0 0 0 1,509,100 1314 Sale 81 27,735 79 582,600 3714 38 30,150 6334 65 700 1 2 ,2 0 0 76 7614 4,100 115 11614 161,700 6 6 6 8 *4 30 119,550 29 740,260 1614 Sale 130,300 4914 Sale 3,200 6 1614 Sale 16 17 534 Sale 246 255 47 34 Sale 10534 107 32 34 Sale 734 Sale 11714 Sale 5234 Sale 3714 Sale 10734 Sale 112 115 13 34 Sale 4514 Sale Sale 27 Sale 95 Sale 59 73 75 115 11734 92 26 1534 90 J a n . 31. Sale 12 0 Sale Sale Sale 92 31,081 79 710 109,300 1434 267,700 67 11,928 116 132,100 253,950 34.000 516,600 1714 7 8 8 ,2 0 0 Sale Sale Sale Sale Sale 714 Sale 76 1234 13 70'34 Sale 11634 119J4 Sale 66 6614 Sale 111 Sale 23 634 Sale 218,800 111 Sale 36 M Sale — 57,100 1 3,700 98 81,500 1714 13,300 107 13.921 6414 1,430.190 9034 17.700 9611 9 800 10.900 89 76,830 67 3,200 11214 361,800 3014 347,550 2714 3,910 87 17,800 62 3,100 80 92.960 39 210,196 4234 9,100 529,600 27 3,132,550 38 714 135,300 120,600 3514 197,000 3934 1,600 Sale 106 108 9214 10214 10234 Sale 16 Sale 11514 65 68 Sale 11834 Sale 106 94 107 Sale 117 6834 Sale 107 Sale Sale 114 Sale Sale 89 66 87 40 Sale Sale 6934 118 Sale Sale 90 53 83 Sale Sale Sale Sale Sale 13 Sale Sale 100 Sale Sale 8 Sale Sale 1.224,500 50 Sale 1,616,080 1334 Sale 480,700 9034 Sale 2,600 110 125 100 9,600 9314 Sale 28,500 5 000 1,090BOO 1514 Sale Sale 197,325 22 634 Sale 985,650 15,800 Sale 14,900 29 140,700 62 6214 107 2,200 104 2,312,000 24 Vs Sale 245,400 2534 Sale 834 Sale 603,100 24,900 1334 Sale 100 32,600 3514 Sale 99 68 115 44 3334 85 48 80 4314 3034 2914 2834 3814 1214 3514 5614 94 Sale Ssle Sale 124 172 9734 98 18 Sale 192 Sale 21 Sale 23 114 Sale Sale 96 2814 2934 72 71 10734 11034 Sale 47 2314 Sale 9 Sale 1614 17 80 87 Sale 33 8134 36 11014 12134 Ask. Lowest. Highest Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 84 8934 Sale 106 l05 8734 8734 87 10 1 32 Sale 3734 Sale 10234 7634 Sale 11234 48 Sale 44 45 3634 Sale 83 34 Sale 3534 Sale 1534 Sale 10 2 734 834 3134 3634 100 7634 47 43 3434 7734 3334 1534 1 6 Jan. 16 9134 Jan. 1 Jan. 3 10534 Jan. Jan. 26 8 8 Jan. 3 20 10 62 98 87 M ay 20 8954 Feb. 7 June 3 102 Sept. 25 Feb. 14 Dec. 13 95 Sept. 10 4454 Jan. 29 3734 Jan. 7 31 Jan. 29 4334 Jan. 3 3254 M ay 20 52 54 Jan. 7 10234 Jan. 16 10054 Dec. 11 10154 Jan. 2 1 7734 Jan. 2 1 57 Jan. 14 113 N o v .29 11354 Jan. 13 4834 Jan. 9 4854 Dec. 19 5154 July 1 5654 Jan. 2 50 Jan. 1 2 35 Jan. 5 3754 Jan. 2 0 3154 Apr. 19 38 Apr. 22 8254 Jan. 5 85 Jan. 29 61 Jan. 5 3634 Jan. 23 2054 M ay 13 36 Jan. 2 1 1934 Jan. 5 1154 M ay 13 18 54 Jan. 2 254 Jan. 5 134 Jan. 8 Jan. 5 734 Jan. 29 354 M ay 8 10 2234 16 34 734 85 235 4834 10734 3034 1134 41 113 5634 3534 Sale 1334 Jan. 5 2334 Jan. 1634 16 34 Jan. 8 20 Jan. Sale 534 Jan. 2 734 Jan. 5 91 95 Jan. 245 240 Jan. 2 1 249 Jan. Sale 4534 Jan. 7 4934 Jan. 107 Jan. 3 110 Jan. 110 Sale 2834 Jan. 27 3234 Jan. Sale 734 Jan. 7 1254 Jan. 16 Sale 112 Jan. 27 11934 Jan. 52 Jan. 5 57 Jan. Sale Sale 3134 Jan. 2 1 3734 Jan. 108 11434 13 34 4734 28 97 56 34 72 34 72 115 11934 93 2434 80 28 1654 Dec. 2554 Feb. 754 June 75 Dec. 265 N ov. 4854 N ov. 10754 Dec. 33 54 Dec. 954 Jan. 51 Dec. 118 54 Dec. 5954 N ov. 39 Dec. 54 Dec. 3 11054 Dec. 26 115 54 N ov. 2 1554 Dec. 26 47 54 Dec. 9 27 54 Dec. 29 95 N ov. Dec. 15 60 25 7454 Oct. Dec. 11 79 30 119 N ov. 20 11954 Dec. Dec. 1 94 20 32 54 Mar. 17 16 54 Jan. 2 10054 Dec. 26 11354 Dec. 31 4 18 12 17 28 9 29 22 3 31 21 15 15 27 19 5 4 27 10 29 1 18 18 17 30 7 2 18 3 1654 Apr. 15 23 54 Jan. Dec. 78 Mar. 31 106 3 1454 Sept. 10 27 54 Jan. Sept. 7 109 Jan. 18 115 3 2154 M ay 20 5254 Dec. 92 Feb. 7 99 Dec. 22 1 Jan. 28 54 M ay 23 5 1654 Aug. 16 3854 Jan. Aug. 16 10254 Feb. 13 77 3 954 June 20 35 Jan. June 19 7854 Jan. 7 40 Jan. June 21 8 8 5 33 Dec. M ay 7 104 13 76 1 2 104 54 Jan. 4 107 Jan. 13 3454 Jan. 21 5754 Dec. 154 Oct. 22 454 Jan. 5 3 5254 M ay 14 8654 Dec. 88 Mar. 28 9854 July 12 29 287 54 Jan. 17 47554 Dec. 7 4254 N ov. 12 62 54 June Dec. 18 98 54 Sept. 31 90 25 Sept. 29 3054 Dec. 91 Oct. 9 9654 Dec. 2 19 3 9 16 13 19 18 11 10 18 10 13 10 27 9 30 30 30 28 5 2 22 13234 81 12 34 6834 11634 65 6534 7?4 2334 6 51 7934 104 10034 109 3434 21 3634 90 101 17 115 6634 13234 10534 130 1934 10 1 10 0 500 Sale Sale 29 100 18 V Jan. 4 10234 Jan. 1834 Jan. 112 Jan. 42 Jan. 99 Jan. 34 Jan. 22 Jan. 8934 Jan. 1434 Jan. 51 Jan. 44 Jan. 9234 Jan. 10734 Jan. 5334 Jan. 134 Jan. 78 Jan. 9734 Jan. 461 Jan. 3134 Jan. 88 Jan. 134' 11034 Jan. 12 34 6934 118 6634 67 Sale Sale Sale Sale Sale 106 34 10734 11034 Sale Sale Sale 12 34 Jan. 6834 Jan. 11634 Jan. 64 Jan. 62J4 Jan. 92 105 Sale 118 90 105 16 115 6734 117 104 68 Sale 106 Sale Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 116 Sale Sale 85 34 50 Sale Sale Sale 2934 Sale Sale 12 3334 Sale 99 Jan. 6934 Jan. 11434 Jan. 40 Jan. 3134 Jan. 8334 Jan. 50 Jan. 7934 Jan. 43 34 Jan. 2534 Jan. 29 Jan. 2734 Jan. 38 34 Jan. 1034 Jan. 32 Jan. 51 Jan. 234 77 3534 10734 119 Sale 78 Sale Sale 130 7454 Jan. 33 34 Jan. 10334 Jan. 123 Jan. 10 0 34 9834 100 1834 19 17 2334 134 ICO 28 6734 10834 5234 2334 834 1434 . . 32 Sale Sale Sale 102 30 70 111 Sale 24 Sale 15 8534 3334 21 19 19 30 27 2 5 30 12 21 31 22 21 27 27 9 28 6 28 21 16 7 9 30 22 12 30 16 9 31 2 554 1554 354 60 159 3154 10154 2254 3 38 83 4054 22 Sept. 27 June 6 Apr. 12 Mar. 28 Jan. 2 M ay 16 Jan. 11 Feb. 28 June 5 July 17 Apr. 11 Aor. 24 Mar. 31 98 18 Jan. Jan. 15 2234 134 96 2934 68 10934 4634 23 834 15 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 33 2034 Jan. 10134 Jan. 20 34 Jan. 113 Jan. 52 34 Jan. 10034 Jan. 1 34 Jan. 2734 Jan. 90 Jan. 1734 Jan. 5234 Jan. 51 Jan. 101 Jan. 100 34 Jan. 6734 Jan. 2 34 Jan. 87 Jan. 99 Jan. 510 Jan. 4534 Jan. 93 Jan. 3 8 Jan. 27 79 Jan. 2 73 Apr. 1 8 M ay 13 Jan. 15 Jan. 14 56 June 9 Jan. 8 11454 July 7 Jan. 13 50 Mar. 26 Jan. 7 4854 Mar. 28 19 24 54 Mar. 4 1554 June 25 25 * Jan. 1 2 554 Apr. 22 634 Jan. 1 2 3l 8434 Jan. 1 2 50 Mar. 6 106 Jan. 2 1 105 Apr. 2 Sept. 11 10434 Jan. 1 2 90 112 Jan. 1 2 112 N ov. 28 3734 Jan. 13 3354 Dec. 22 22 34 Jan. V 4034 Jan. 19 17 Oct. 28 5 139 5 29 16 27 27 27 22 34 Jan. 6 6 Jan. 28 3(j 7734 Jan. 27 10534 Jan. V> 10434 Jan. 1 2 109 Jan. 6 3034 Jan. 24 16% Jan. 17 32 Jan. 5 76 34 11434 42 32% 83 34 4934 7934 47 34 2634 2934 35 4534 11 3334 5634 10 0 31 3 29 Jan. 105 34 Jan. 16 11034 Jan. 23 78 Feb. 11434 Jan. 2 1 115 Jan. 3 106 654 Jan. 1234 Jan. 6 13 34 Jan. 13 43 34 Jan. 5 48 34 Jan. 1 2 2654 Mar. 25 34 Jan. 15 2854 Jan. 31 1154 May 94 Jan. 6 97 34 Jan. 28 75 54 May 5434 Jan. 26 62 Jan. 13 , 34 54 Apr. 73 Jan. 8 7434 Jan. 1 2 1 6254 Mar. in 77 .Tan. 1 0 1 70 July Apr. 115 Jan. 2 11734 Jan. 14 73 11934 Jan. 8 11934 Jan. 8 115 54 M ay Feb. 90 Jan. 5 96 (4 Jan. 3 6 6 24 34 Jan. 14 26 34 Jan. 5 24 54 Dec. 15 34 Jan. 2 2234 Jan. 9 1054 July 8934 82 Jan. 27 99 Jan. 7 39 54 Apr. 10054 N ov. Sale 114 Sale 10034 Sale Sale 8 9 34 Sale Sale Sale 100 _____ Sale Sale 79 1334 7434 11834 6734 6734 30 9434 Jan. Jan. 1(1 105 2 17 Jan. 15 117 Jan. 17 6834 Jan. 16 13934 Jan. 27 106 34 Jan. 5 2 10034 Jan. 3 84 34 Jan. 20 11634 Jan. 5 44 34 Jan. 16 37 34 Jan. 15 86 Jan. 5 5134 Jan. 31 80 Jan. 2 54 Jan. 20 3054 Jan. 28 30 Jan. 8 3534 Jan. 2 46 34 Jan. 14 1254 Jan. 23 37 34 Jan. 6 5754 Jan. 9 6 27 8154 Jan. 27 38 Jan. 27 11154 Jan. 10 12334 Jan. 13 10 2 86 100 1454 107 6154 7554 9554 93 87 59 11154 2654 18 7854 45 78 3354 2654 2854 2454 29 8 3154 2954 9154 24 9 30 5 9 29 10 8 2 23 16 7 6 3 3 3 31 31 22 7 2 y 30 13 38 13 1054 2 8254 16 115 171 7 99 34 Jan. 30 9054 3 1954 Jan. 13 15 20 5 2 2 3 28 22 2 30 29 27 9 Jan. 7 2234 2454 154 104 3034 72 I ll 5554 2534 934 17 54 87 34 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Feb. 4 Feb. 14 Dec. 1 Oct. Dec. Jan. N ov. Feb. Dec. Jan. Dec. Dec. Sale Sale Sale Sale Sale 98 Sale 73 77 11534 12034 Sale 2534 86.450 22 Sale 21 20 19 21.500 87 88 Sale 1 0 1 103 168,600 95 S le 1934 2034 Sale 5.775 10734 10814 11134 113 11134 263,640 Sale 49 4134 Sale 7,100 9114 93 99 99 34 Sale 1 34,300 34 Sale 189,300 3514 Sale 26 2734 2334 11,330 9714 102 86 89 34 8 5 34 Sale 17 15 764,000 32 )4 Sale 13,000 7534 Sale 5214 5334 51 45 48 51 23,761 8514 Sale 98 29.800 92 97 9734 Sale 10 0 109 105 110 1 ,85" 103 2,392,300 34 % Sale 5534 56 34 Sale 3 34 Sale 151,500 2 Sale 134 78 116.900 6014 Sale 8534 Sale 1 , 1 on "2 9734 96 08 9034 475 490 485 16,075 289 293 44 226,200 44 34 33 90 8,720 9034 93 28 28 2734 3 300 96 10 0 97 ’5 6 6 51 iO O O McCrory Stores, cl B .n o par 2 ,2 0 0 10 0 Preferred_____________ 100 Mclnture Por Mines______ 5 6,600 Mackay Companies_____ 100 1,700 Preferred_____________ l60 800 Mack Truck Inc_____ no par 245,300 1st preferred_________ 100 1,800 2 600 First installment paid____ 2d preferred_________ 100 1 .1 0 0 M acy_____________________ 47,800 Preferred________________ 700 Magma Copper__________nopar 54,100 Mallinson(H R)& C o.no par 114,900 Preferred_____________ 100 400 Manat! Sugar__________ 100 2,200 Preferred. ____________ 100 700 Manhattan ±ti Supp__no par 16,100 Manhattan Shirt________ 25 49,800 Manila Elec Corp new______ 3,200 Maracaibo Oil Expl_ no par _ 135,800 Marland Oil_____________ nopar 791,000 Marlin-Rockw v t c ___no par 4,600 Martin Parry Corp___no par 22,300 Mathieson Alkali W o rk s..50 23,000 Preferred_____________ 106 60 20,426 R ig h ts__________________ Maxwell M ot W V cl A_.106 101,300 Class B _______________ nopar 155,600 M ay Dept Stores_______ 100 50,100 Preferred_____________ 100 500 Mergenthaler L inotype.. 100 Metropolitan Edison pref_ _ 1,20$ Metro-Goldwyn Pic pref. .27 16,900 Mexican Petroleum_____100 Mexican Seab’d Oil___no par 218,200 Miami Copper____________5 55.000 Middle States Oil________ 10 43,300 Midland Steel Prod pref. 100 3,800 Midvale Steel & Orel_____56 1,100 Montana Power________ 100 8,400 Preferred_____________ 100 300 Montg Ward & C o___no par 508,700 Moon M otor Car_____ no par 45,700 Mother Lode Coali___no par 60,000 Mullins B ody____________ nopar 2,000 100 Preferred--------------------100 Munsingwear____________ nopar 2,300 . Ask. Bid. 8734 Sale 103 87 89 130 4154 Sale 3434 Sale 4014 Sale Sale 38 Sale 10 0 . . . . 6234 80 11234 4734 4934 55 ------Sale 43 3434 Sale 3434 Sale 70 Sale Sale 81 2734 Sale 3534 Sale 18 Sale 18 Sale 14 Sale 134 Sale 1,700 92,300 10 0 2 10 2 Sale 154,790 56 7734 1,400 10314 110 10214 10314 10214 4,900 1 0 0 5,300 11414 11634 108 394,130 3434 15,300 3O0 R A N G E FOR Y E A R 1924. P R IC E S I N J A N U A R Y . In January. Independent Oil & Gas_____ Indian M otocycle____ no par Indian Refining_________ 10 Preferred_______ :_____100 Ingersoll-Rand_________ 100 Inland Steel w i______ no par Preferred w i __________100 Inspiration Cons C op____ 20 Int Agric v t c new. .no par Prior preferred_______ 100 Int Business Machines_____ Internat Cement_____ no par Inter Combus Eng___ no par Rights__________________ Internat Harves new____ 100 Preferred new________ 100 Internat Merc Marine___100 Preferred_____________ 100 International Nickel_____ 25 Preferred_____________ 100 International Paper_____ l60 Preferred stamped____ 100 International Salt______ 100 International Shoe_ no par _ Preferred_____________ 100 Int Tel & Tel_____________ Intertype Corp______ no par Invincible Oil Corp_ no par _ Iron Products Corp___ no par Preferred_____________ 100 27 STOCKS-STOCK EXCHANGE RECORD 113 79 1754 71 121 6854 6854 29 54 25 854 N ov. Dec. Jan. Dec. June Dec. Dec. Feb. Dec. Jan. 11 27 26 20 20 13 15 11 84 106 105 117 40 l i / N ov. N ov. N ov. Feb. July 13 13 16 2 18 6 8 3854 Dec. 27 Oct. Mar. Dec. Jan. Apr. Apr. Jan. Oct. Apr. M ay M ay June Mar. July July Oct. Mar. Dec. Dec. Oct. M ay Jan. N ov. M ay June 14 10654 July 7 106 Aug. 11 18 54 Jan. 2! 119 Aug. Feb. 9 69 14111854 Dec. 16 107 54 Dec. 27 115 Dec. 22 10154 Dec. 15 7154 Dec. July 7 116 14 45 54 Dec. 28 4154 Dec. Dec. 15 93 8 6954 Mar. Mar. 16 87 21 4954 July Jan. 22 44 3 3154 Dec. 14 3754 Jan. 12 42 Feb. 8 1754 Mar. 28 3754 Jan. 13 5854 Dec. Dec. 20 98 Apr. Apr. Apr. Jan. Dec. Apr. Sept. 14 30 21 23 2 12 19 6 1454 Jan. 3 13 20 M ay 19 13 1 Aug. 14 14 9154 June 20 10 2354 Oct. 28 3 6154 June 17 23 10454 Apr. 7 13 2154 M ay 20 13 1754 Oct. 28 2 6 M ay 19 9 Mar. 22 3 y 82 Aug. 1 23 2954 July 14 6 3 28 5 27 2 15 13 29 15 7 1 1 26 24 26 9 18 7 29 4 5 24 14 15 10 6 26 5 11 17 19 29 8454 Dec. 16 3954 Dec. 13 115 Dec. 12 12254 Dec. 22 171 Dec. 2 101 Dec. 9 19 Dec. 15 190 Dec. 22 2554 Sept. 12 25 Aug. 18 654 Jan. 2 98 Nov. 15 34 54 Feb. 7 7454 Dec. 16 110 Sept. 10 4854 Dec. 27 2754 Feb. 7 9 54 Feb. 15 1854 N ov. 29 82 Aug. 1 3954 Jan. 16 28 [V ol. 120, STOCKS-STOCK EXCHANGE RECORD SALE S. STOCKS N. T . STO CK EXCHANGE Par Nash Motors C o ____ no par Preferred________________ National Acme__________ 50 National B iscu it________ 25 Preferred_____________ 100 National City Bank_____100 Natl Cloak & Suit______100 Preferred_____________ 100 Nat Dairy tem ctf___ no par National Dept Stores______ Preferred________________ N at Distill Prod, pf_ .no par Nat Enamel & Stamp_ 100 _ Preferred_____________ 100 National Lead_________ 100 Preferred_____________ 100 National Supply_________ 50 Preferred_____________ 106 National Surety________ 100 Nevada Consol Copper___ 5 N e w p N & H Ry G & E ..1 0 0 Preferred_____________ lOo N Y Air Brake_____ no par Class A _________________ New York Canners_ no par _ New York Dock________ 100 Preferred_____________ lOO N Y Shipbuilding___ no par N Y Steam 1st pref_____100 Niagara Palls Pow_ no par _ Niagara Falls Pow pf new.25 North Amer’n when iss_ 10 _ Preferred______________ 50 _ Nunnally Co (The)_ no par In January. Shares. Shares. Ohio Body & B low .. .no par Ohio Fuel Supply .25 Ontario Silver Mining__ 100 Onyx Hosiery tem certifs. .. Temp certifs, preferred. .1 Orpheum Circuit Inc______1 Preferred_____________ 100 Otis Elevator__________ 100 Preferred_____________ 100 Otis Steel___________ no par Preferred_____________ 100 Owens Bottle___________ 25 Preferred_____________ 100 _ Pacific Gas & Electric_ 100 Pacific Mail SS___________ 5 Pacific Oil__________ no par Pacific Teleph & T eleg-.IO ' Preferred_____________100 Packard_ _ Preferred Pan-Amer Pet & T r______ 50 Class B stock_________ 50 Panhan Prod & Ref_.no par Panhandle P & R, p re f.. 100 Parish & Bing, stpd-.no par Park & Tilford______ no par Penn Coal & Coke_______ 50 Penn-Seab St v t c ____ no par Penney (J C) Co pref___ 100 People’s Gas L & C o k e ..100 Philadelphia Co (Pitts)___50 Philadelphia Co pref_____ 50 Phil & Read C & Iron w 1_ _ Certificates w 1____ no par Phillips Jones Corp___ no par Preferred_____________ 100 Philip Morris & C o______ 10 Phillips Petroleum___ no par Phoenix Hosiery__________ 5 Preferred_____________ 100 Pierce-Arrow M ot C . .no par Preferred_____________ 100 Preferred w 1 Pierce Oil Corp__________ 25 Preferred_____________ 100 Pierce Petroleum Pittsburgh Coal (of P a). . 100 Preferred_____________ 100 Pittsburgh Steel pref____100 Pitts Term Coal Receipts_ _ Pittsburgh Utilities, pref..1 0 Preferred certifs_______ 10 Porto Rico Am T ob _____100 Postum Cereal ______ no par 8 % preferred_________ 100 Pressed Steel Car_______ 100 Preferred_____________100 Producers & Ref Corp----- 50 Preferred______________ 50 Certificates____________50 Pub Serv Corp of N J, p f— New__________________ nopar 7 % ______ ______ _____ 100 Rights__________________ New rights_____________ Pub Serv Elec Pow, p f— ICO Pullman Company______100 Punta Alegre Sugar___ __50 Pure O il.n_______________ 25 8 % preferred_________ lOC 24,200 12,700 3,700 58,800 600 11,100 3.100 37.000 20.000 4,780 17,300 23,400 1,700 23.800 1,400 37.600 300 10) 14,700 200 100 29.800 4,300 7,800 3.900 4.100 100 2,500 200 3.900 162,200 15.600 2.100 600 2,500 600 17,500 500 20,125 200 96,600 7,700 78,700 6,600 3.000 708.800 1,75 800 70,800 2,100 133,100 787,900 22.500 1.000 1,900 41,300 6.700 484.200 400 11,100 29.900 800 211.800 500 8,000 17,000 29.900 582.200 700 700 32.100 30.500 2,600 52.600 22.100 227,500 12.500 1,400 1,800 10.600 2.700 8.700 1,800 100 31,600 300 47,350 2,800 70,100 4,200 1,100 89,900 1,600 17.700 18,100 100 51.700 51,600 238,000 2,000 Radio Corp of Amer_.no par 1,216,010 7,550 Preferred______________ 50 22,300 Railway Steel Spring----- 100 1,300 Preferred_____________ 100 400 Rand Mines_______________ 64,800 Ray Consol Copper---------10 100 Reis (Robt) & C o____no par 1st preferred_________ 100 22,200 Remington Typew v t c . . 100 200 1st preferred v t c _____100 100 1st preferred series S..10C 300 2d preferred_________ 10C Replogle Steel___________ nopar 136,600 62,800 Republic Iron & Steel_ 100 _ 2,700 Preferred_____________ 100 65.700 Reynolds Spring C o_.no par 44.300 Reynolds (R J) Rob Cl B.25 600 7% Preferred________ ICO 800 Rossia Ins t r ctfs__________ 181,000 Royal Dutch Co N Y shs— St. Joseph Lead________ 10 Savage Arms Corp--------- 100 Schulte Retail Stores Preferred_____________ 100 Price about Jan. 2 12 Months 1924. 41.300 96.700 42,200 1,900 1924. Bid. 124,850 7.000 40.300 394,000 7,950 4.000 113.500 9,040 294,600 115.800 7.700 18,100 261.800 6.000 356,070 12,635 212.300 3.600 625 263.800 2,500 1,20) 295,100 53,900 42.700 136.500 26.300 6,900 3,530 2.700 21,230 1,808,295 108,207 17.700 101 97 P R IC E S I N Jan. 2. Ask. Bid. Jan. 31. Ask. Bid. Sale 198 Sale 101 104% Sale % 9 6 % 6 % 51% Sale Sale 73 120 123% 126% 255 103 8 56 94 67% 69 99 10 0 Sale 42 38% Sale 40% Sale Sale 94 ------- 1 0 2 Sale 53 Sale 41% Sale 33 84 90 80 84 142 Sale 160% Sale 112% 113% 116 117 6 8 % Sale 61% Sale ____104% 104% 171 12 Sale 16 Sale 52 56 50% 55 85 90% 84 93 Sale 41 Sale 56 47% Sale 57 55 24% Sale 34% 35% 30 17 19% 29 Sale 55 40 43 9 14% 2 0 96% 98 43% 45% Sale 29 42% Sale 22% Sale 43% Sale 46% Sale 8 % Sale 7% 8 % 46.300 2 % 15,600 32% 13,200 7% 18,400 28% 4,850 I 85% 162,201 20 3,795 1 91 200.300 140 6,100 96 454.800 9% 51,530 55 186.350 43% 3,200 63 97 2 34 70 123 % 257 105 7 Sale 125 72 Sale 103 104 48 Sale 40% 40% 10 0 10 0 % 59% 60% 35 Sale 86% 89 158 158% 1 1 6 % ------69% Sale 106% 200 15% 53 82 51 54% 33% 26 55 16 99 53 28% 42% 47 10 220 Sale 55% 92 Sale 8 ale Sale Sale 57 21 100 57 Sale Sale Sale Sale Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 193% 103% 6 % 68% 126 66 99 42 38% 100 52% 33 81% 156 116 61% 104% 14% 54% 82% 50 54% 33 25% 52% 20 97 45% 28 41% 46% 8 Jan. 5 290 Jan. 19 Jan. 21 105% Jan. 16 Jan. 9 7% Jan. 13 Jan. 28 75 Jan. 2 Jan. 7 1263^ Jan. 3 ______________4 Jan. 20 78 Jan. 26 Jan. 13 104 Jan. 29 Jan. 2 48% Jan. 26 Jan. 2 42 Jan. 8 Jan. 16 102 Jan. 2 Jan. 8 62% Jan. 21 Jan. 2 36% Jan. 21 Jan. 7 89% Jan. 12 Jan. 29 166% Jan. 9 Jan. 5 117% Jan. 27 Jan. 2 71 Jan. 29 Jan. 2 107 Jan. 22 206 Jan. 21 Jan. 21 16% Jan. 7 Jan. 8 54% Jan. 30 Jan. 20 82% Jan. 20 Jan. 28 56% Jan. 3 Jan. 31 67 Jan. 7 Jan. 20 35% Jan. 8 Jan. 28 30% Jan. 5 Jan. 14 56% Jan. 3 Jan. 5 20 Jan. 5 Jan. 15 100 Jan. 28 Jan. 5 45% Jan. 8 Jan. 5 29 Jan. 2 Jan. 5 44 Jan. 12 Jan. 2 47% Jan. 30 Jan. 16 10% Jan. 30 % 8 Sale 88 Sale 95 Sale 104 Sale 59 Sale 6 18% 79 27% 97 90 10 2 10 60% 47% 92 Sale 103 9 10 % 10 % 54% 50% Sale 87% 85 ____ 93 12% Sale 15% 90 92% 1 0 2 61% Sale 65 64% 59% Sale 2 % Sale 2 % 38% 40 46 103.350 27.700 2,671,565 6 Ask. R A N G E FOR Y E A R 1924. JA N U A R Y. % 5% 19 83% 81% Sale 26 10 0 99 Sale 90% 1 0 /% 98 Sale 11% 62 66% Sale 46% 105 5% 20 18% 83% 79 Sale 25% 99% 98 Sale 89% 105 103% Sale 9% Sale 60% Sale 45% 111 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale Sale Sale 94 96 Sale 103 Sale Sale 3 44 Sale 9% Sale 120 96 Sale 106 Sale Sale Sale 33% 1 % 6 22 __________ ! 28 29% 3% Sale 103% Sale 99% Sale 43 Sale 42% Sale ___________ . . . . 55 59% 86% 89 22% Sale 36% Sale 29 30 91% 96 9% Sale 26% Sale 65 69 2% Sale 23% Sale ___________ 63% Sale 98 99 93 95 ------ -----............ 10 % 10 % _ _ _____ 70 56 % Sale 1 11 % 112 % 52% Sale 82% 83 42 % Sale 46% 47 26% Sale 100% Sale 42% Sale 97% 99% 34% Sale 26 Sale 2 104 114 115 56% Sale 45% 46 48% Sale 49 49% Sale 85 82 88 14% Sale 36% Sale 20 23 92 85 14% Sale 50% Sale Sale 89 1 % Sale 25% Sale 5% Sale Sale 49 98% Sale 1 0 1 % Sale 61 62 8 6 % Sale 15 Sale ___________ __________ > 107 | 103 113 115 30% 34 ) 11% Sale ) 13 16 71 74 )! 33 Sale )! 91% Sale J . . . ______ ) 93 98 )! 11% Sale ) 51% Sale 0 8 8 % 89 ) 20% Sale 3 74% Sale 0 115 116% [) 87 87% 3 48% Sale 69 50 138 116 33 16% 103% 9 64% 105 95 15% 105 71% 71% 5 32% 1 % 19% 19% 2% Sale 114 Sale 53% Sale 46 47 48% Sale 48% 49 70 78 88 94 14 14% 46 Sale 20 25 80 90 13% Sale 47% 48% 87% 89 2% Sale 33% Sale 7 Sale 51% Sale 97% 98 10 1 59% 87% 14 14 Sale 53 54 103% Sale 98 116 117 114% 61% Sale 65% 87% Sale 89% Sale 29 32% 43 43% 47 20 110 111 110 69% Sale 70 10 0 % 10 1 99 25 Sale 6 21% 14 82 16 27% 6 99% 5 92% 17 103% 5 11% 14 6 6 % 28 50% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 16 7 22 2 27 10 13 31 31! 3 J 102% 9 53% 94 92% 15 102% 64 63% 3 43 Jan. 5 104% Jan. 2 9% Jan. 5 65% Jan. 15 112% Jan. 7 95 Jan. 16 16% Jan. 6 105% Jan. 8 71% Jan. 8 71% Jan. 6 5% Jan. 13 50% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 10 16 31 28 26 3 30 31 31 26 26 32% 19% 1% 105 112 53% 45% 48 50% 75 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. 16 35% Jan. 30 26% Jan. 6 3 Jan. 29 105% Jan. 16 115% Jan. 31 57% Jan. 5 47 Jan. 29 52% Jan. 23 50% Jan. 19 90% Jan. 12 95% Jan. 30 16% Jan. 5 46 Jan. 5 23 Jan. 10 85 Jan. 29 15 Jan. 29 51% Jan. 9 90 Jan. 2 2% Jan. 2 35% Jan. 2 7 Jan. 5 54% Jan. 28 99 Jan. 27 102% Jan. 12 63% Jan. 2 88 Jan. 31 15% Jan. 10 2 9 13 22 7 13 9 23 12 15 5 31 23 10 13 13 12 21 21 31 13 5 6 10 2 Sale 88 88 13% 36% 21 85 12% 46 87 1% 25% 5% 48% 97% 101 58 85% 14 Sale 14% 53 61 Sale 94% 117 116 Sale 61% Sale 87 27% Sale Sale 43 % 110 67% 99 24% ___________ % Sale % __ __ ___ 1 0 1 % 10 2 _____ 100% Sale 141% 142% 141% ), 122 Sale 148 43 Sale 39% 39% Sale n 57% Sale 32% Sale 29% 29% Sale V 24% Sale 105% 106 Sale 102% ) 93 Sale 105 Sale Sale Sale 119 35 Sale 12% 11 64 73 52% Sale Sale 10 0 10 0 105 120 108 Sale 21 62% Sale 93 % Sale 15% Sale 75% Sale 119% 1 2 0 % 92 94 53% Sale 113 Sale 10 2 22 6 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 2 13 23 3 29 29 112% 72 102 27% % 100% 151% 47% 6 32% 5 106% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 28 23 27 26 22 16 3 7 31 29 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 14 7 19 12 16 30 2 62 49% 133 117 33% 14% 11 Jan. 29 77% Jan. 5 52 Jan. 16 141% Jan. 3 119% Jan. 7 35% Jan. 3C 16% Jan. 8 11 46% 100 100 109 19% 57% 93 15% 72% 119% 92 51% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 43% Sale 45 22% 23 84% Sale 87% Sale V 33 Sale Sale 114% 115 114 0 100 Sale 112 % 1 1 2 % 110 O 109% 110% 1 1 0 j 42% 83 112% 110 Jan. 30 Jan. L Jan..- £ Jan. ( 3 6 2 Jan. 2 53 Jan. 28 103% Jan. 7 117 Jan. 2 69 Jan. 16 92% Jan. 6 32% Jan. 8 47% Sale Sale 133 Sale 36% Sale 13 68 72 47% Sale 98 100 97% 102% 108% 1 1 2 19% Sale 57% Sale 93 93% 16% Sale 73% Sale 12 0 12 1% 92 92% 56% Sale 65% 51% 131 119% 35% 15% ------- 8 17 53% 100 lOO 109 23% 64% 95 18 76% 8 120% 1( 93 21 57% 27 2 16 21 3( 16 27 2 2( 46% 91 116% 112% 96% 98 % 3% 59% 1 44 91 % 30% 36% 92 % 3014 ] ] ' 18% 67 54% 11 % 45% 76 36 % 47 % 32 19 41% 11 88 42 27 22 43% 7 Dec. 27 Apr. 29 204 July 28 104 % N ov. 19 Oct. 11 10% Jan. 2S Mar. 28 77 % Sept. 23 Jan. 8 1203* Dec. 17 Dec. 101 Dec. 10 460 June 5 70% Dec. 16 Mar. 28 100% Dec. 12 Apr. 11 44 J* Dec. 4 Jan. 9' Oct. 27 43 Dec. 31 June 19 101 Dec. 30 Aug. 28 54 Sept. 8 44% Jan. 17 Sept. 11 89 Jan. 16 Apr. 21 169% Aug. 15 Sept. 9 M ay 27 118 Oct. 10 72% Feb. 4 Dec. 9 Jan. 5 108 Oct. 14 Feb. 7 172 Jan. 2 16% Dec. 29 July 15 57% Sept. 19 Oct. 1 M ay ' 6 87 Dec. 29 Apr. 22 57 Dec. 23 Jan. 7 57 Dec. 4 June 14 37 Jan. 9 37% M ay 23 Feb. 27 55% M ay 14 Dec. 18 M ay 28 20 Mar. 19 98% Dec. 29 M ay 16 Sept. 20 47 June 9 29 Sept. 15 Jan. 2 45 Dec. 4 Jan. 2 July 11 Apr. 11 5°% Dec. 9 •3/2 Dec. 31 % Apr. 4% 40 8% 30 A* M ay 76 % Aug. 89% 18 Feb. 18 29 92 Jan. 30 98% 68% June ‘ 92 96 Jan. 109% 6 % Nov. 11 % Oct. 44 74% 39 % May 47% ] July 111% M ar. 90% 7 45 85 Jan. Apr. Apr. June 88 May 9% May 89% Apr. 44% Feb. 41 % Feb. 114 Sept. 29 Sept. % July 24 Sept. 18M Nov. 1% Oct. ] Jan. 92% Apr. 29 42% May 42% Jan. 34% Mar. 35 Mar. 44 May 78 May 11 July 28% Oct. 19 June 82% Nov. 6 % May 18% May 59% June 1% Apr. 20 Mar. 4% Oct. 47% Dec. 94% Aug. 95 Jan. 58% Dec. 83 Dec. 9% Jan. 11% Feb. 50 June 48% Apr. 10 Feb. I 39 Aug. I 67 Aug. 22% Apr. 42 June 20 Nov. 99% Apr. 39 Mar. 96% Mar. 12% M ay % Nov. 94% M ay 113% Apr. 37% Dec. 20 June 92 Jan. Jan. Dec. Oct. Jan. Feb. Dec. N ov. Dec. June Jan. Mar. Dec. Mar. 14 3 14 10 16 27 18 29 24 26 6 29 t7 105 10% 58% 95% 93% 16% 102% 65 64% 4% 42% 1% 35% 30% 4% 106% 119% 57% 47 £4% 52% Dec. 29 Jan. 9 Feb. 5 Feb. 4 Mar. 6 Dec. 29 Dec. 12 Dec. 22 Dec. 22 Jan. 23 Dec. 23 Dec. 6 Dec. 29 Jan. 29 Jan. 17 Mar. 14 Dec. 5 Dec. 29 Jan. 30 Dec. 20 July 31 88 July 14 90 July 14 23% Jan. 31 42% Apr. 5 32% Jan. 31 94 Feb. 2 18 Dec. 9 54 Dec. 9 95 Dec. 9 4% Jan. 22 36 Jan. 21 5% Dec. 5 63% Mar. 16 100 Apr. 4 103 Aug. 14 63% Dec. 29 87% Dec. 29 16% Dec. 8 16% Dec. 8 70 Feb. 13 103% Dec. 31 117 Oct. 2 62 Jan. 26 90 Feb. 6 43% Jan. 22 47% Jan. 1 26% Jan. ' 5 115 Dec. 5 70 Dec. 29 101% Dec. 9 26% Dec. 29 % Dec. 1 101% Dec. 26 151% Dec. 27 67 % Mar. 14 30% Dec. 6 105% Dec. 9 Jan. 2 25% Jan. 31 45% Jan. 5 106 Jan. 27 113 Jan. 22 30 Jan. 2 9 Jan. 8 9 60 Jan. 3 32% Jan. 2 90% Jan. 16 90 Jan. 21 90% Jan. 13 7% Jan. 3 42 Jan. 13 82 Jan. 5 9% Jan. 2 61% Jan. 27 115% Jan. 8 86 Jan. 31 40% Oct. 15 6 6 % Oct. 21 50 Jan. 3 137% Jan. 4 119 Jan. 17 33% Mar. 27 17% Oct. 30 16% June lO 74% Jan. 4 54% July 11 99% Jan. 10 97% M ay 13 110 June 11 23% June 7 63% June 16 95 M ay 13 22 % Mar. 31 79% Mar. 26 121 Mar. 19 96 Sept. 22 59% D ec-131 Dec. 29 Dec. 31 Dec. 27 N ov. 5 Dec. 5 Jan. 26 Jan. 26 Dec. 30 Dec. 30 Dec. 2 N ov. 28 Nov. 29 Dec. 29 Mar. 5 Jan. 7 Dec. 2 June 17 Sept.A2 Feb. 6 Jan. Jan. Jan. Jan. Jan. 45% Jan. 88% Apr. 19 129% M ay 8 112% Dec. 16 Dec. 17 A ug.! 7 Dec. 23 21 22 22 32% 15 96% 16 105 Feb., 1925.] 29 STOCKS-STOCK EXCHANGE RECORD ES STOCKS N. Y. STOCK EXCHANGE Par In January. Shares. Sears Roebuck & C o___ 100 159,810 K' Preferred____________ 100 Seneca Copper Corp ..n o par 61,900 Shattuck Arizona Copper. 10 3,600 Shell Transport & Trad. .£2 9,900 Shell Union Oil__________ 591,000 Preferred_____________ 6,100 Sherwin-Williams pref_ 100 _ Simms Petroleum__________ 320,800 Simmons C o_____________ nopar 23,800 Preferrd ____________ 100 300 Sinclair Con Oil Corp.no par 549.600 Preferred________________ 8,800 Skelly Oil C o_____________10 253,900 Sloss-Sheffield St’l & I . .100 27,100 Preferred_____________ 1,100 So Porto Rico Sugar___ 100 3,500 Preferred_____________ 100 400 Spalding 1st pref_______ 100 Spicer M fg C o___________ nopar 24.700 Preferred_____________ 100 600 Stand Gas & El ctfs_.no par 89.10 Standard Milling_______ 100 1.600 Preferred_____________ 100 250 Standard Oil of Calif_____25 265,400 Standard Oil of N J ______25 592.500 Preferred_____________ 100 12.700 Stand Plate Glass ctfs.no par 9,500 Sterling Products____no par 11,000 Stem Bros pref__________100 Stewart Warn C orp..n o par 154.600 Stromberg Carburet_.no par 14.100 Studebaker Corp, pref_ 100 _ 500 New w i______________ nopar 325.800 Submar Boat Corp___no par 38,000 Superior Oil_____________ nopar 75,520 Superior Steel___________100 9.400 Sweets Co of America new 50 4,000 Symington temp ctfs.no par 38,200 Class A _______________ nopar 23.400 Telautogr Corp ctfs__no par 23,900 Tenn Cop & Chem_ no par _ 23.700 Texas Company (The)_ 25 _ 226,867 Texas Gulf Sulphur______10 163.600 Tex Pacific Coal & Oil___ 10 282.500 Texas Pacific Land Tr._100 205 Tidewater Oil___________100 22,600 Timken Roller B ear..no par 102,000 Tobacco Prod Corp_____100 167.600 Temp ctfs Class A ___ 100 25,500 Transcon Oil ctfs_____ no par 119.800 Tran & Williams Steel.no par 5,700 Underwood Typew, new .100 9.010 Union Bag & Paper, new.100 3.800 Union Oil________________nopar 13,600 Union Oil, California_____25 263.600 Union Tank Car________100 2.400 Preferred____________ 100 1.600 United Alloy Steel____no par 41.400 United Cigar Stores, new.25 29.100 Preferred____________ 100 400 United Drug___________ 100 19.700 1st preferred__________ 50 3,300 United Dyewood_______ 100 United Fruit____________100 9.200 United Paperboard C o .. 100 100 Universal Pipe____________ 186.900 Preferred____________ 100 54.600 U S Cast Iron Pipe & F . . 100 142,000 Preferred____________ 100 1.800 U S Distrib Corp_____ no par 36.800 Preferred_____________100 300 U S Express____________ 100 4.900 U S Hoffman M ach___no par 5.600 U S Indus Alcohol______100 182.500 Preferred_____________100 500 U S Realty & Improvt_-1GO 70,120 Preferred ctfs w i________ 1.900 U S Rubber_____________ 100 189.900 1st preferred.................100 16,400 U S Smelt Refg & M g___ 50 21.600 Preferred______________50 3,300 United States Steel_____100 1.417,500 Preferred_____________100 20.800 U S Tobacco____________ nopar 200 Preferred____________ 100 7.200 Utah Copper____________ 10 -Utah Securities v t c ___ 100 124.300 Vanadium Corp______ no par 24,800 Van Raalte________________ 300 1st preferred_________ 100 200 Va-Carolina Chemical_ 100 _ 12,000 Certificates__________ _ 800 Preferred_____________ 100 18,500 Preferred certificates__ C Jiass ^ 1,500 'Va Iron Coal & Coke____100 300 Preferred_____________ 100 300 Vivaudou (V) Inc____no par 43,100 Vulcan Detinning, p r e f..100 loo Waldorf System, new ctfs.10 Washburn Crosby, pref. .100 Weber & Heilbroner_.no par N ew __________________ nopar Wells Fargo Express, new__l West Elec 7% cum p r e f..100 West Penn Pow pref____100 Wastern Union Teleg___ 100 Westinghouse Air Brake. .50 W est’gh E & M fg assent..50 1st preferred__________ 50 Westinghouse Elec Instrum’t White Eagle Oil & R ..n o par White M otor____________.50 Wickwire-Spencer Steel___ 5 Preferred_____________ 100 R ig h ts________________ Preferred rights_________ Willys-Overland_________ 25 New preferred________ 100 Wilson & Co nc v t c . .no par Preferred_____________ 100 Woolworth (FW) new w i.25 Worth’t’n P & M v t C..100 Preferred A v t c ______ 100 Preferred B v t c ______ 100 Wright Aeronautic_ no par _ Wrigley (Wm Jr)___ no par Yellow Cab temp ctfs___ 10 Youngstown Sheet & T u b e .. 48,400 19,300 200 600 3,400 400 67.700 25.700 324,600 900 1.600 2.300 99.600 143,200 60,800 800 95.050 14.425 146,700 68.060 20,500 17.400 134.300 195,500 1,100 2,200 40.600 15,200 9,100 10,900 2 Months 1924. Shares. 1924. Bid. 44,400 163,715 9% 1,001,400 44% 787,500 61 405,199 11 % 616 280 91,600 123% 449,795 39% 1,476.594 68% 279,914 90 2,369,620 4% 6,300 419.950 18,000 4,300 245,137 2,200 307,300 100 20,600 7,1321 3,450 250,600 1.700 169,600 700 256,100 23,800 18,5511 1,100 137,560 109.895! 847,655! 7,850, 39% 62% % Jan. 2. Ask. Bid. 762,810 87 % Sale 7,400 113 Sale 147,500 5 Vs Sale 39,600 6% 7 26,300| 34% Sale 1,561,700 17 Sale 31,650 91% 92% 300 719,200 11% Sale 425,200 23 Sale 3,600, 96 ' 97 2,541.899! 27 % Sale 29,800 86 % 88 548,100 25% Sale 255,923| 60% Sale 9,429! 83 85 150.400 68% Sale 3,600 1.300 143,800 16 Sale 6,30 S 90 Sale i 211,100 12,230 60 65 2,519 80 84 1,360,850 64% Sale 1,794,800 42 Sale 69,400 117 Sale 351,600 59,400 63% Sale 4 •v 1,350,900 91% Sale 211,400 79% Sale 3,450 115 118% 2,201,700 4.39,700 12% Sale 2% Sale 1,338,550 9,300 31% Sale 3,900 73,750 57,467] 82.900 257,800 55,500 10,100 64,100 260,200, 2.3 '0, 203,800 26,300 1,350 72.210 7,500 508,750 127.200 3,234.000 39.000 494.900 13.400 2,400 93,100 1,613,500 5,390 415.100 91.500 918.900 312.150 234.000 26.850 8,910.810 153,510 4,640 900 167,160 855.900^ P R IC E S I N Price about Jan. 2 Sale Sale Sale Sale 350 Sale Sale Sale Sale Sale 153% Sale 1% 7% 43 22% 99% 104 23 33 17% 78% 24% 82% 95% 62 98% 98% 17% 96 40% 71% 81% 62% 40% 117% 15% 63 112 70% 70 110 46 10 5 35 11% 13% 9 43% 108% 12 270 130 38% 70% 93% 4 31 41% 65 % 40 43% % 37% 92 95 122% 107% 107% 113% 33 Sale 28% 61 108 113 118 81 Sale 120 47% 48 52% 40 46 21 185 Sale 218 19% Sale 46 79 67% Sale 169 85% Sale 102 38% 148% 3% 5% 4% 18% 18% 23% 71% Sale 86 94 98 103% 102% Sale 124 105 Sale 122% 38 Sale 40% 91% Sale 95% 21 % Sale 38 40 41 % 46 99% Sale 120% 119% Sale 122% 54 54% 54 104 % 65 Sale 87% 16% Sale 43% 30% Sale 25 29 75 80 9% Sale 34% Safe 5% Sale 52 56 79 86 14% Sale 15% Sale 16 Sale 113 116 108 Sale 84 Sale 60% Sale 71 73 68% 70 Lowest. Highest. Sale Prices. Sale Prices. 6 172% Jan. 13 27 1% Jan. 5 31 7 % Jan. 3 16 45% Jan. 30 16 27 % Jan. 31 2 101% Jan. 24 Sale Sale 102 Sale Sale Sale Sale 97% 66 102 104% Sale 96 Sale 68% 84 Sale Sale Sale Sale Sale 148 20% 32% loot* 17 78% 24% 82 95 62 99% 17% 94 40% 68% 81 61% 40% 116% 14% 62% 113 Sale 70% 70 65% 115 114 Sale 41% Sale 9% Sale 4% 35% 35 Sale 9 10% 21% Jan. 27 26% Jan. 12 Jan. 16 36% Jan. 31 Jan. 7 109 % Jan. 15 Jan. 6 24% Jan. 31 Jan. 2 93 Jan. 31 Jan. 6 29% Jan. 31 Jan. 5 87% Jan. 23 Jan. 2 96% Jan. 9 Jan. 6 69 Jan. 23 Jan. 9 101% Jan. 29 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 20 21 2 29 20 20 2 31 30 17 28 2 12 29 28 27 17 3 2.3 15 20 19% 96 46 71% 82 66% 47 118% 16 65 113 77% 79% 114% 46% 11 5% 41% 11% 16% 23% Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 7 5 10 5 3 29 31 19 16 23 28 3 3 19 2 13 31 10 7 19 17 78% May 15 155 112% Mar. 26 125% % M ay 2 6% 4 Apr. 11 8 33 Jan. 5 42 15% July 17 22% 91 % Jan. 4 99% 102% Mar. 24 105 10% Jan. 4 24 22 Apr. 14 37 94% Jan. 24 101% 15 July 16 27% Oct. 14 90 75 17% July 17 29 52 M ay 20 84% 80 Apr. 10 96 58 Oct. 29 95% 96 Nov. 13 110% 97 7% June 20 20 78 July 18 98% 31% M ay 20 41% 39% May 20 73% 70 July 9 85 55% Apr. 21 68% M ay 14 42% 33 115% Mar. 1 119% 13% Oct. 21 35% 55% Apr. 23 65% 109% Anr. 23 115% 48% July 17 100% 54% M ay 14 84% 109% Nov. 1 115 30% M ay 20 46% 6 Nov. 3 12% 2% Jan. 2 8% 23 July 28 35 12 Doc. 30 12% Dec. 31 Nov. 12 Jan. 11 July 23 Dec. 29 Dec. 31 Dec. 30 Nov. 11 Dec. 29 Dec. 13 Dec. 24 Jan. 2 Jan. 21 Feb. 4 Dec. 19 Dec. 12 Mar. 8 Apr. 5 Dec. Dec. Dec. Dec. Mar. Jan. Jan. Aug. June N ov. Tan. Jan. Jan. Jan. Dec. Dec. Aug. Dec. Dec. 18 17 5 16 13 26 26 22 11 24 3 12 11 17 20 15 4 31 20 Sale 13% Sale Sale 9% Sale Sale 48% Sale Sale 104% Sale Sale 17% Sale 310 290 310 Sale 148% Sale Sale 38% Sale Sale 74% Sale Sale 98% Sale Sale 5% Sale 32% 31% Sale 11 % 8% 42% 101% 11% 300 130 38% 70 93% 3% 31 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 15 28 5 5 5 15 2 30 2 2 2 3 14% 9% 48% 109% 17% 310 148% 41 77% 98% 5% 35 •Tan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 31 31 23 29 6 31 5 13 13 12 10 6% 6% 37% 57% 8 260 116% i 31% ! 53 83% 1 3% | 28% June Mar. June Apr. Oct. Aug. Oct. M ay Apr. Mar. Apr. Oct. 26 14% 31 9% 7 45% 21 110 14 15% 5 325 15 151 19 41 11 73% 25 93% 15 6% 24 35% Dec. Jan. Jan. Dec. Feb. Mar. Feb. Jan. Dec. Oct. Jan. Jan. 18 5 30 27 1 8 7 7 30 9 21 15 Sale Sale % Sale Sale 115 Sale 61% Sale Sale 53 28 Sale 39% Sale .25Sale 42% Sale 121 Sale Sale 116 30% 31% 63% 63 1 14 120 Sale 114 52 52% 21 26 217% Sale 39% Jan. 39 Jan. .21Jan. 37% Jan. 118% Jan. 114 Jan. 28% Jan. 60% Jan. 118 Tan. 113% Jan. 52 Jan. 30 21 3 16 17 6 2 6 2 31 16 42 Jan. 45% Jan. .30Jan. 42% Jan. 127% Jan. 116% Jan. •34% Jan. Jan. 66 119% Tan. 120% Jan. 54% Jan. 15 2 30 31 28 13 17 14 19 6 12 Sale Sale Sale 104 Sale 40% 77% 179 108 36% 140 4 24% 81% 105 126% 125 41% 94% 36% 45% 126% 123 52% 101% 88% 50 36% ; 33% % 35 91 106% 20 42% 113 71 i 46% 1 20 182 16 13 47% 64 81% 21% 98 4 16% 61% 98 90 100 1 22% 66% 1 18% 1 37% I 94% 118% 51% 105 % ! 64 | 16% Sept. 8 43 Sept. 10 64% % Feb. 1 Nov. 20 39 Jan. 7 132% Feb. 18 116% Oct. 23 37 June 4 64% ■Tan. 18 119 M ay 29 121% M ay 3 53 Dec. 22 43 Jan. 4 224% July 9 25% July 23 48 Oct. 14 79 Feb. 27 169% Jan. 15,104% M ay 8 42 July 18 168 Oct. 21 6% Mar. 28 24% May 20 87% Jan. 3 106% June 9 143 K June 9 143 May 22 42% M ay 28 95% Mar. 26 41 % Mar. 22 46% June 6 121 Feh. 1 123 June 7 60 N ov. 29 110 Jan. 18 88% Jan. 4 46 Jan. Feb. Apr. Nov. Sept. July Feb. N ov. July Dec. Dec. Jan. Aug. Dec. Doc. Dec. Dec. Oct. Dec. Dec. Dec. Oct. Dec. Dec. Dec. Dec. Jan. Dec. Dec. Dec. Dec. July Feb. July Dec. Dec. 9 9 9 25 18 23 11 25 14 26 29 14 5 4 29 31 29 21 17 17 9 22 30 17 5 5 12 29 27 30 29 23 6 24 27 16 33% 33% 80 10% 1% 34% 4 7 53 80 15% 69 Feb. Jan. Jan. Jan. Dec. Jan. Dec. Jan. Jan. Dec. Jan. June 11 18 9 11 17 2 19 3 11 23 10 12 6 Sale Sale 107 Sale Sale Sale Sale Sale 47 Sale Sale 55 109 Sale Sale 39 39 Sale Sale Sale 109% Sale 160 5 Sale Sale 107 Sale 128 Sale Sale Sale Sale Sale 124 55 109 90% Sale 28% Sale 15% 21 60 67% 2% Sale 2 1% 12% Sale 12% 2 1% 40 45 79 80 10% Sale 64 69 12% 111% 104 116% 107% 71% 83 Sale 116% 104% Sale Sale Sale 87 10% 76% 7% 18 124% 78% 85 72% 22% 45% 39% 70 Highest. Sale Prices. Jan. Sale 112 Sale 10% Sale 82% Sale 26 Sale 69 75 Lowest. Sale Prices. Sale % Jan. Sale 6% Jan. Jan. Sale 41 Sale 22% Jan. 100% 99% Jan. 18% Sale 109 18 Sale 28 71 1% 26 Sale 67 75 57 59 13% Sale 39% Sale Ask. 161 % Sale Sale 1% 7% 6% Sale 45 Sale 27% Sale 100 105 Sale 23% Sale 36% 100 Sale 24% Sale 93 Sale 29% Sale 86% Sale 92 65% 65 100 98 99% 100 Sale 17% 95% 97 Sale 43% 72 66% 80 86 Sale 66% Sale 47 Sale 116% Sale 14% Sale 64 111 Sale 72% Sale 69 114% 114 Sale 44% Sale 10 Sale 5% Sale 34 Sale 10 13% 22 30% Sale 20% 22 69% 65 2% Sale 1% % 10 Sale 10 1% % 40 45 79 80 8% Sale 67 73 159,700 26% Sale 584,100 55% Sale 231,612 3% Sale 2,2651 2,015.300 655.500 238,180 85.645 1,592,500 694,500 12.100! 18.667 86.700, 199.010 471,400' 28,500; Jan .31. Ask. Bid. i R A N G E FOR Y E A R 1924. JA N U A R Y. 19 109 19 55 12% 13 114% 114% 101 Sale 121% Sale 106 Sale 74% 86 13% 22 % Sale 31% Sale 74 Sale % Sale Sale Sale 20 Sale Sale 88 75 Sale Sale Sale Sale Sale Sale Sale 25 % Sale 8% 10% Sale 75% Sale 7% 7% 21% 23 117% Sale 68% Sale 85% Sale 71% 72 17% Sale 39% 39 71% Sale 207 23 37 % 73 % 160 103% 34 % Jan. Jan. Jan. Jan. Jan. Jan. Jan. 12 23i 9 23 27 47% 16 80 5 185 9 110% 28 39% 16 154 Jan. Jan. Jan. Jan. Jan. 3 9 3 19 23 27 17 8 23 79 105 120 122% 40% 94% 34% 45% 119% 122% 54 33 86 42 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 3 25% 27 88 29 106 14 129 2 127% 28 44% 161 97% 28 39 14 46% 2 129% 2 126% 2.3 55% 2 54% 8 92 5 53 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. •Tan. Jan. Jan. 9 2 27 19 19 13 13 7 5 23 26 9 3 15 22 27% 20 64% 2% 1 bi 8% Jan. Jan. Jan. Jan. Jan. Jan. 28 28 27 2 22 5 Jan. 3 Jan. 3 Jan. 5 Jan. 27 Jan. 22 Jan. 24 1 40% 79 7% Jan. Jan. Jan. Jan. 1 % Jan. 27 17 28 43% Jan. 6 29 79% Jan. 12 13 11% Jan. 29 31% 21% 65% 3% 1% 13% Jan. 17% Jan. 27 19% Jan. 17% 54% 12% 113% 104 116% 105 71% 83 13 22 28 71 % 25 % 5 9% 72% 6% 19 112% 62% 85 70% 16% 45% 39% 70 Jan. 15 29 Jan. 5 Jan. 9 Jan. 27 Jan. 2 Jan. 29 Jan. 2 Jan. 26 39 29 Jan. 2 Jan. 2 Jan. 30 Jan. 22 13 13 Jan. 26 Jan. 28 Jan. 5 Jan. 5 Jan. 28 Jan. 29 Jan. 30 Jan. 29 Jan. 21 Jan. 2 Jan. 29 Jan. 2 19% 51 % 13 115 105 124% 113% 84 86 14 23 31% 76 1% 32 2 17 10% 80 8% 25% 125% 79% 88 73 % 23% 49% 42 76 3 Jan. 31 2'1 Jan. 31 Jan. 19 Jan. 6 Jan. 13 Jan. 7 Jan. 3 Jan. 5 29 29 Jan. 31 Jan. 13 Jan. 10 Jan. 19 19 Jan. 17 Jan. 5 Jan. 5 Jan. 9 Jan. 9 Jan. 7 Jan. 2 Jan. 9 Jan. 14 Jan. 2 Jan. 22 Jan. 3 Jan. 12 19% 15% 53 % % 2% 4 % 35 71 4% 61 June Oct. Sept. June Dec. June Dec. June Oct. June July Sept. 9 16 23 10 22 9 19 4 27 27 12 17 14 Apr. 29 20 N ov. 9 105 July 25 110 Dec. 5 14% N o v .19 19% Mar. 15 5 111% 102 105 84 55% 72 Oct. Apr. N ov. May Jan. M ay Jan. 1 8 21 1 2 15 17 23% 50% % 24 May Apr. Oct. Dec. 12 29% Feb. 6 11 72% Dec. 18 20 5 Jan. 11 30 24 Dec. 30 6% 61% 4% 11 72% 23% 68 58% 9% 35 32 59% May May M ay Aug. Apr. June July Jan. May Apr. Nov. Oct. 17 16 16 25 10 9 17 5 15 22 26 27 12% 117 103% 118% 111 75 82 14% 88 28 72% 126% 81 89% 75% 23% 46% 85% 72 N ov. July Dec. Dec. Dec. M ay Dec. Jan. Jan. Jan. Jan. Dec. Dec. Dec. Dec. Dec. Dec. Mar. Dec. 20 12 23 9 9 17 29 17 15 9 26 18 31 16 17 31 30 28 9 * Ex-dividend, a This price is after distribution o f dividends in shares o f United Cigar Store at the rate of 38.85 shares for 100 shares o f United Retail Stores, c Ex-300% in stock. G eneral Q uotations 30 OF BONDS AND STOCKS 1. In the following thirty-four pages of tables quotations are glren for all the more Important securities listed on any Stock Exchange In *h® ■ s it e d States; also for leading unlisted and Inactive securities. S. Quotations from all Stock Exchanges are as near as possible for the c l o s i n g d a y o ] th e m o n th p r e c e d in g th e d a te o f i s s u e . As the New York ■lock Exchange began with Jan. 2 1909 to quote all bond prices “ and Interest,” we have adopted the same method and no longer employ a desig nating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore that unless the letter !■ prefixed to the price, he must pay accrued interest i n a d d it i o n to the price. This, however, does not apply to income bonds or bonds In default (■which cases the price Includes the interest, should there be any. 8. The letter / ” prefixed to bond prices denotes that the quotation is a flat price— that is, that the accrued interest forms part of the pries, find therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of Income bonds and bonds (■ default, the price is always “ flat,” and no designating mark Is employed to indicate the fact. 4. 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. 5. It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but !■ fill oases 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 oobh lllldated. “ conv” for convertible, “ s f” for sinking fund. “1 g” for land grant, “ op” for optional. F . The black-faced type in the letters showing the interest period indicates the m o n th when the bonds mature. NOTICB.— All bond prices are “ and interest” except where marked “ f ” and Income and defaulted bonds. B onds Bid. Bsnds of companies consol'd are tjten under the consolidated name. Adirondack— See Del & Hudson Akron & Barb Belt g 4s '4 2 . J&D 88 Ak Cant & Youngst 6s 30. .J&J 97 Ala Gt South 1st 5s Dec '2 7 . J&J IOO1 4 Gen M 6s Dec 1 1927 £ ..J & D 93 1st cons g 5s 1943 Ser A _ _J& D 100% Belt R y of Chatt 5s 1945. J&J 90 Ala Midland— SeeAtl Coast Line Alabama N Orl T & P J unc— “ A ” deb 5s g '40 red ’ 1 0 .M&N If 95 “ B ” d e b g 5 s ’ 40red'10_M & N If 94 “ C ” d ebg 5s Nov 1 1940. A&O If 90 Alabama Tennessee & Northern Priorlien 6s 1948___ ____ J&J 78 Gen income 6s Oct 1948_____ 23 Alabama & Vicksburg R y— 1st m g 5s 1974 Ser A ..M & N 99% Albany & Susq— See Del & Bud Allegheny Valley— See Penn R R Alleg & West— See Buff R & P Allentown Terms 4s 1919 101 Ext at 6% to 1929_______ J&J Alton Bridge—See St C M & StL Ann Arbor 1st g 4s 1995___ Q-J 6414 Eq tr 6s July 15 '25 '35 J&J15 b 5.60 Ark & Mem Ry Brge & Term— 91 1st M 5s 1 9 6 4 ... _____M&S Aroostook Northern— See Bango r & Aro Aroostook Valley— See Canadia n Pac Asheville & Spartanburg— S U & 70 Col 1st M g gu 4s 1995. .J&J Atcb & East’n Br— 4s 1928.J&J 96 Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995 .A&O 88 !4 Adjustment 4s July 1 '9 5 .Nov 81% 82% Stamped _____ M&N 8054 C on vg4sof’ 09due'65opt J&D 8234 Conv g 48of 1905 due ’ 55J&D C on v g 4s 1960______ _.J& D 84 Trans 8 L 1st g 4s 1 9 5 8 ..J&J 85% 9334 Cal Artz lst&rf4 % s’ 62opM&S IJ 90 Series B ....... ................ .. E Okla Dlv 1st g 4s '2 8 .M&S 9854 __ Hutch & So 1st g 5s 1928. J&J Rocky Mt Div 4s 1965..J&J 8354 San Fran & San Joaquin Val— 1st g 5s Oct 1 1940. .A& O 103 Santa Fe Prescott & Phoenix 1st g 8s 1942________ M&S 99 Atlanta Blrm & Atlantic— 38 Incom e 5s N ov 1 1930_______ Atl & Blrm 1st g 5s 1934 .J&J / 40 Certificates of deposit_____ / 40 Atlanta & Chari A L —See South ern Ry Atl Knox & Cln— See Lou & Nas hville Atlanta Knoxv & Nor— See Lou lsv & N Atlantic & Dan— See South RR Atlantic C ity— See Reading Co Atlantic Coast Line Co of Conn— Certs Indebt 5s irredeera J&D / 95 Atlantic Coast Line R R — 1st cons 48 July 1 1952 M&S 89 C o ltrg 4 sO ct 1 '52op M&N 86J4 Conv deb 4s ’ 39 op ’ 16 M & N 86 Gen unif Ser A 4% s’ 64 J&D 91% 7% notes M ay 15’ 30M&N 15 10654 Eu «% s Feb. ’ ( vr). F&A b 5% Eq 6s Jan 15 '26 ’35. J&J15 b 5.25 AlaM ld— lstgug5s’ 28M&N 101 Atlantic Coast Line of SC— Gen 1st g 48 July ’ 4 8 .J&J 88 N E of S C 6s 1933 . J&J 109 Bran & West 1st 4s ’ 3 8 .J&J 9154 Char & Sav gen 7s '3 6 .. J&J 11754 87 Fla So 1st g gu 4s ’ 4 5 . . J&J N or & Car 5s 1939_ A&O _ 100 Pet’b’g— Class A 5eg’ 26 J&J 100 Class B 6s g 1 9 2 6 ..A&O 101 Rich & Peters 4 %s ’ 40 A&O 94 Sav Fla & W 1st g 6s ’34 A&O 106% 1st M g 5s 1934____A&O 101 101 Wil & Wei gen g 5s ’ 35.J&J Gen mtge g 4s 1935.. J&J 90 Atlantic & Yadkin— See Souther n Ry Aug Term— 8ee Chari & W Car Austin & Northw’n— See So Pac Balt Ches & Atlan— See Pa RR Balt & Cumb Val RR 6s ’ 2 9 .J&J 100 Ex 1st M 6s July 1931...J & J 100 Balt & Harrisb— See West Md Baltimore & Ohio— Prior lien 3 %s g 1925____J&J 99% 1st M 4s g July 1 1948..A&O 86% 1st M 5s July 1 1948____A&O 100% Conv 4% s 1933 red 1923 M&S 9034 Ref & gen 5s 1995 Ser A . J& D 88% R ef & gen 6s 1995 Ser C.J&D 101% 10-yr & July 1929......... .J&J 10354 E q tr 5s 1925-37 (yr).__F&A b 5% Eq tr 5s ’ 26-’ 38 (y r)____F&A b 5% Eq tr 6s ’ 26-’ 35 (y r)..J & J 1 5 b 5.35 Pitt Jc & M dlv 3 % sg ’ 25 M& N 99% k Basis. B onds Ask. R A ILR O A D BONDS 100 __ 102 99 98 94 82 2534 65 5,15% 92 ostook 97% 89 82 83 83% 84% 8634 94% 95 9954 41 43 43 ashv 98 89% 86% 90 91% 107% 4.75% 5% 10154 89 93 89 _ 100 87 10054 90% 89% 102% 103% 4.80% 4.80% 6.05% 100 84% 99% 96% 100 98% 100 68% 68% 81% 96 73 93 92 91 92 90 87 n 91 84% 100 99% 100 69% 83% 97 76 95 93% 94 95 93 92 92 River 85 85 87 a land 20 82 k Last sale, l in London. B onds Ask. 85 70 103% 106% 102 104% 101% 103% 96% 98% 93% 95% 92% 94% 92% 94% 80% 82% 80% 81% 72 70 67 71 72 75 56 3s July 1950 ____________J&J 45 6s Jah 1 1933 ___________J&J 79 81 1st & ref M 6s Ser C 1929. J&J 77 Series D 6s 1929..........J&J 77 Series F 6s 1930______ J&D 77 Series G 6s 1929______ J&J 77 Series H 6s 1930_____M&N 77 Series I 7s 1931_______ J&J 90 Series J 7s 1 9 3 1 ......... A&O 90 Equip 5% s 1925-1927 ..F & A b 5.70 5.30% Eq tr 6s 1925-38 (year).J&D b 5.85 5.40% P ortsG tF & C on 4 % s’ 37_ J&D 75 Bos & N Y A L— See NYNH&H Boston Rev B & L 4% s ’ 2 7 .J&J 94 Burns & W— See Atl Coast Line Buffalo Creek 1st 5s 1941 .J&J _ 1st con 5s 1 9 6 1 . . ______ J&J Buffalo Rochester & Pittsburgh 102% General 5s g 1937______ M&S 103 87% Con g 4% s 1957______ M&N 87% Eq 6s 8er"K 1925-33(s-a)F&A b 5% 4.75% Equip 4s Ser G 1929___ A&O b 4.90 4.60% A1 & West 4s g guar 1998 A&O 81% 81% Clear & M 1st 5s g gu ’ 43. J&J 98% Buffalo & Southwest— See Erie Buff & Susquehanna R R Corp— 1st 4s Dec 30 1963______ J&J 80% 81 Burl Ced Rap&No— SeeCRI&P ButteAnaconda&Pac5s’ 44. F&A 88 89% California N W 5s 1928 gu. A&O 100 100% Cam & Clear— 1st 5sg '41..J&J 84% Gen M g 4s 1 9 6 5 ... F&A Cambria & Ind— 1st 5s '36 M&N 99 Gen mtge 6s 1944 ► ' 4 101 102% Eq tr 5% s 1925-38 (yr)_M&N b 5.35 5.15% Canada Atl-See Grand Trunk— 100% Canada Sou 5s 1962 ser A .A & O 101% Canadian National Rys— 100 5 s l9 2 5 ______________ _______ 100% 93 4 %s Sept 15 1954_ M&S15 _ 94 4 % guar g notes 1927_ J&J _ 98% 99 109 E q tr 7s M ay 1 1935____M&N 110 Eq tr 4% s 1925-39......... J&J b 4.75 4% Canadian Northern— 1st con deb 4s 1930gu.J& D30 91 94 S F deb 7s 1940 . ............. J&D 116% 116% S F d e b 6% s 1 9 4 6 ........... J&J 117% 117% Equip 4 %s various________ b 5.3C , 6.15% Eq" 8s July'25 Jan’ 298erB J&J b 5.35 5.20% Canadian N W 4% s Oct 22 ’ 43 88% M anitoba S E 1st 4s £ ’ 29 F&A 82% Winnipeg Term g 4s ’ 39 g . J& J 85% /This price includes accrued interest Bid. Baltimore & Ohio ( Concluded)— Plttsb Lake Erie & W Va— Refund gold 4s 1941. .M &N S W div 1st g 3% s 1925..J&J Central Ohio— Reor 1st con g 4 % s’ 30 M&S Ohio Riv R R — 1st g 5s’ 36 J&D Gen gold 5s 1937. __ A&O Sch Riv East Side 4s ’ 25. J&D Staten Isl Ry 4% s 1943 J&D Tol & Cin Div 4s 1 9 5 9 ..J&J W Va & Pitts 1st 4s g '90 A&O Bangor & Aroostook— 1st M 5s g .Tan 1 1943____J&J Cons refund g 4s 1951_ J&J _ Medford Ext 5s 1937_ M&N _ Piscat Dlv g 5s Jan ’ 43. .A&O St JohnsR ivE xtgu5s’39. F&A Van Bur Ex 6s g Jan '43 A&O Washburn Ext 1st 5s '39 F&A Aroostook Nor 5s g 1947 A&O Nor Maine Seaport 5s '35 A&O Battle C r’k & Stu'r— See Mich C Bedford Belt— See Ch M & St P Beech Creek— See N Y C & H Bellingham Bay & British C ol— 1st g 5s Dec 1 1932_____J&D Belt R R & Stk Yds (Ind’ p’ lls)— 1st ref g 4s 1939.. _ . . . M&N Belt R y of Chat— See Ala Gr St Belvidere Del— See Pennsvlvan Bennington & Rutl’d— See Ru> Big Sandy R y— See Ches & Ohh Birmingham & S E 6s 1961.M&N Blrm Term 1st g 4s '57 gu.M&S Bolivia Ry 1st 5s 1927........ J&J Boonvllle St Louis & Southern— 1st M 5s 1951______ ..F & A Boston & Albany 5s Oct '6 3 .J&J 5s June 1942___________ J&T 5s July 1 1938...................J&J 4% s July 1937_________ J&J 4s May 1 1933 gu NYC.M & N 4s May 1 1934 gu N Y C . M&N 4s May 1 '3 5 gu N Y C ...M & N 3% sJ a n 11951. ......... ..J&.i Ref 3 %s 1952 gu N Y C . . A&O Boat & Lowell 4% s Feb '33.J&J 4s April 1932__________ A&< Boston & Maine— 4% s g '44 J&J 4% s April 1 1929........... A&O 4s Sept 1 1926_________ MAS 4s Feb 1 1937............. ...F & A Bid. Canadian Pacific— Consdeben 4s perpetual.-J&J 79% Eq tr 4% s 1925-1928 J&J b 4.85 Eq tr 6s Oct '25-32(8.a.) A&O b 5.05 81% Aroostook Val 4% s 1929 F&A New Brunsw 1st g 5s '34. F&A if 99 Cons deb 4s perpetual J&J U 79 Ont&Que deb gu 5s perp J&D If 101 Carb & Shaw— See Illlnos Cent Carolina Cent— See Seab Air L 100% Caro Clinch & Ohio 5s '38. J&J 1st cons 6s 1952 Ser A J&D 15 106% Equip 5s 1925 1937 8-a. A&O b 5% 5% Eq 5s 1925-1933 s a ...J & D b Eq tr 6s 19.'6-’ 35 (yr)_J&J 16 b 5.40 Carolina & Yadkin River— 5 1st s f 5s 1962 .................J&D Carthage & Adlron— See N Y C 90 Catawissa cons g 4s 1 9 4 8 ..A&O Central Argentine Ry Ltd— Conv g 6% notes 1927 . . F&A 100 Cent Ark & East— See St L S W Cent Branch R y— See M o Pac Central of Georgia— 101% 1st M g 5s Nov 1 1945..F&A 93% Cons gold 5s 1945 _____ M&N 103% 10-yr 6% sec gold bds ’ 29J&D Ref&gen 5% s 1959 ser B.A&O 100% Eq 4 %s July ’ 25-Jan ’ 26. J&J 64.70 /0 84 Chat Dlv gold 4s 1 9 5 1 .J&D M acon & Nor g 5s 1946 .J&J 99% 95% Mid Ga & Ati 1st 5s 1947. J&J 100 M obile Dlv g 5s 1946 . .J&J 93 Oconee Dlv 1st g 5s 1945 J&D 95% Cent RR & Bkg 5s 1937 M&N 93 Chattahoochee & G 5s ’ 30 J&J 93 Chat R & South g 5s ’ 47. _J&J 93 Eatonton Br 5s g 1926 . J&l Ocean S S Co ext 7s '3 0 . J&J Cent of New Eng— See N Y N f l & Hartf Central of New Jersey— 107% Gen M (now 1st) g 5s '8 7 .J&. Eq tr 6s Jan 15 ’ 25 '35 J&J1 6 5.25 Amer Dock & Impt 5s 1921, 106% Ext at 6% to 1936 .) ' J 100 Leh&W-B C ’l con 4s ’ 25 J&D 96 Con g 4s 1930_______ J&I) 93 Con g 4s 1935_______ J&D 89% N Y & L Br gen 4s 1941 M&; General gold 5s 1941. M &‘ Central Ohio— See Balt & Ohl Central Pacific— See So Pacifi Central Vermont R y— 91% R ef M 5s 1930 guar M& E q tr 5s Apr ’ 25-Oct ’ 32.A&C b5 A 0% Charts & Sav— See Atl Coast 97 Chari & W Car 1st 5s ’ 46..A & I 102 Aug Term 1st gu g 6s ’47 A&< Chateaugay R y — See Del & i Chattahoochee & Gulf— See Ce l of Ga Chatt Rome & Sou— See Cent 0 Ga Ry 81 Chattanooga Sta 4s ’57 g u .. J& Chesapeake & Ohio— 102 1st cons g 5s 1939____.M&h 88% General 4 % sg old 1992..M& 95% Conv g 4%8 1930 op ’ 15 F&/ 100% Gen fund & impt 5s 1929. J& 106% Conv g 58 1946________ A&< Eq tr 4 % J u lyl5’ 25 *26 J&Jl $ 4.60 Eq tr 4 %s M ay ’ 25 ’ 27.M & h b 4 60 Eq tr 4 %s Dec '25 ’ 2 6 ..J & l b 4 60 Eq tr 5s Mch 15 ’ 25-’ 38M&Sl5 b 5% Eq tr 5% s ’ 25 '37 (y r )..J & l b 5.05 Eq tr 6s 1925 (y r )...J & J i b 5.35 Eq 6%s 1925 '35 (ann)_J&C b 5.10 99 Craig Valley 1st 5s g '4 0 ..J & . 79% Potts Creek 4s 1946____J&j R & A Div 1st con g 4s ’ 89J&J 83% 78% 2d con g 4s 1989 . . J&. 96% Warm SpWal 1st 5s g ’41 M&h 83% Coal Riv R y 1st 4s gu ’ 46 J&D 75 Elevator Co g 4s gu '38. .A&O 85 Big Sandy Ry 1st g 4s ’44 a&D 86 Greenb Ry 1st g gu 4s’40M&N 91 Raleigh & S W 1st 4s ’36.J&J 90 WestPocCorp lst4%8’43 F&A Chesapeake & Ohio Northern— 98 1st M 5s 1945 guar.........A&O 60 Chesterf’d & Lane 1st 5 s’ 55F&A Chic & Alton 1st 3% s 1950.J&J / 46% Ctfs of dep Jan ’ 23 coup attch / 45 R R refunding g 3s 1949. _A&O / 62% Certificates of deposit— Stpd as to Oct 1924 lnt. / 59% Stpd as to Apr 1924 lnt. / 60% Equip trust 6s Jan 15 ’ 25-’35 (y ea r)_____________ J&J If b 5.75 Chicago Burlington & Quincy— 89 Gen M 4s 1958.................M&S 1st & ref g 5s 1971 Ser A . F&A 1 0 1 % Eq tr 6s Jan 15 ’ 25-’35. J&J15 b 5.30 81% Illinois D iv 3 %s ’ 49 op ’ 29 J&J 89% 4s July 1 1949...........J& J 99% Nebraska Ext 4s 1 9 2 7 ..M&N Chic & East 111 (new c o )— 77 Gen M 5s M ay 1 9 5 1 ...M&N n Nominal. aSale p e ric , Ask. 79% 4.5 0% 4.80% 87% 102 81 103 101 % 106% 4.75% 4.70% 5.15% 100% l66 103% 101 4.30% 87 97% __ 107% 5% 108 94 _ !_ _ 92% 5.0 5 % 82% 102% 88% 96% 100% 107% 4.25% 4.30% 4.25% 4.75% 4.80% 5.05% 4.85% 100% 82% 84 82% 98% 84 86 ____ ____ 93 99 70 49% 48 64% ____ 62% 5.40% 89% 101% 5.05% 82 90% 100 77% Feb., 1925] RAILROAD BONDS 31 NOTICE.— All bond prices are “ and Interest” except where marked " f ” and Income and defaulted bonds. Bonds C hica go A E a ste rn Illin o is — 1st consol 6s gold 1 9 3 4 ..A A O E q 5 4 s M a r ’25-Sept’ 25 M A S b C h f t I C R y — 1st 5s '36 J A J C h ic G t W e st— 1st 4s 1959 M A S C h ic H am A W est 1st 6s ’27 J A J C h ic A I C R y — See C h ic A E 1 1 1 C hica go In d ia n a A Southern R y C o n m tge g 4s 1956 gua r J A J In d 1 1 A la 1st g 4s 1950 J A J 1 C h ica go In d la n a p A Louis vllle — ftef M g 68 1947 Ser A . . J A J Ref M g 5s 1947 Ser B . . J A J R ef M g 4s 1947 Ser C . . J A J 1st A gen 5s 1966______ M A N Is tA g e n 6s M a y ’66 S erB J A J E q t r 6s '25 ’35 (y r ) . J A J 13 In d la n a p A Lou 1st 4s ’ 56 J A J M onon Coal gu 5s '36 op J A D OH I A 8 tL S h L — See C C C A S t l C hica go Lake Shore A Ea ste rn— 1st M 4 H < 1969 op 1919 J A D C h ic M em p A G u lf 5s 1940JAJ C h ic M llw A Puget Sound— 1st M g 4s 1949 guar - J A J -Q - J Chicago M ilw au kee A St P a u l— Gen g 4s A M a y 1 1989. . J A J G en A ref 4 ^ 8 Ja n 2014. A A O C o n v 58 Jan 2014 Ser B . F A A 1st sec 6s 1934___________J A J G e n g 3>$s B M a y 1 1989.J A J Gen 4 4 a M a y '89 Ser C . . J A J Deb gold 4s J u ly 1 1934 . J A J C o n v deb 4 4 s '32 op '2 2 . J A D G o ld bonds 4s 1925 o p ’22 J A D n European loan 4s 1925 J A D Eq t r 6s 1925 33_____J A M ' Bedford B elt 5s_________1938 C ^ A M o R lv 1st 5s 1926.J A J M ilw a u kee A N o rth e rn — 1st e xt 4 4 s '34 (blue) J A D Cons 6s 13 ext at 4 4 to 1934 (b ro w n )___ J A D C h A N o M — -See Here M a rq C h ica go A N o rth W estern— Gen M 3 4 s g 1987_____M A N G en M gold 4s 1987 ___ M A N S tpd n o n-pa y Fed In c T a x G e n M 5s 198 7stplnctax M A N S ink fun d deb 5s 1 9 3 3 ..M A N S inking fun d 6s 1929_ A A O _ 5s 1929______________ A A O E xte n bonds 4s 1 9 2 6 ..F A A 15 10-yr 7s Ju n e 1 1930___ J A D 15-yr 6 4 s M a r 1936___ M AS 1st A ref 5s M a y 2 0 3 7 ..J A D E q tr 5s’25 '3s Ser M ( y r ) J A I > b E q t r 6s Ia n 15'25 '35. J A J 15 6 E q t r 6 4 < 1925-36 Ser J . M AS 6 E q t r 6 ^ s 1925 36 Ser K A A O 6 Dos Plaines V a l 4 4 s '47. MAS F rem E lk A M o V 6s '33 A A O la M in n A N W la t 3 4 s ’35 J A J M a n lto w G B A N W 3 4 s ’41 J A J M llw Lak e Shore A W est — A shla nd D lv 1st g 6s'25 MAS E x t A im p s f g 5s '29 F A A M ilS p a r t a A N W lst4 s'4 7 M A S M llA S ta te L ln e ls t3 4 s ' 41 J A J Peoria A N W 3 4 s 6B26. M AS P rln A N o rth w 3 4 s B926 J A J St L Peo A N W 5s P948 J A J S t P au l Ea st G r T r4 4 iL 4 7 J A J Sioux C i t y A Pac 3 4 s ' S F A A | C h ica go Peoria A St L ou is— P rio r lien g 4 4 s 1930 .M A S C e rtific a te s of deposit_____ C h ic Rock 1st A Pac R ailw ay— General gold 4s 1988____J A J R ef g 48 1934 op to 1911. A A O 5 4 % notes 1926_______ J A D 5 % notes 1929 __________ T A J 5 % notes 1929_________M A S E q t r 68 Ja n 15 1925-35. J A J l ■6 E q tr 5s 1925 38 (s-a) . J A D 6 E q t r 5s A p r ’ 25-’3 4 (s -a )A A O 6 E q 4 4 e M a y 1925. . . M A N 6 E q 4 4 s 192 5 -July’27(s a l J A J 6 B u rl Ce da r R apids A N o rth — C o n Is tA c o ll t r Sag ’34A A O C h o c ta w O klahom a A G u lf — C onsol gold 3s 1952..M A N C h o c A M em ph 5s 1949. . J A J Peoria R y T e r 4s’37 gu op J A J R I A r A L a 4 4 s 1934._M A8 R ock Is l A Peoria 6s 1925 J A J S t P A K C S h L 4 4 s ’41 F A A K eo A Des M — 1st 5s ’2 3 A A O Certificates of deposit_____ . Stam ped as to In te re st_ _ C h ic S t L A N O — See 1 1 C e n t 1 C h ic S t L A P itts — See Penn C o O h io S t P a u l M in n A Om aha— C o n s 6s Ju n e 1 1930____J A D C o n s 6s red to 3 4 s 1930. J A D D e b g o ld 5s M a r 1 1930.M A S S ta m p e d __________________ E q 6s 1926-35 (a n n )..J A J 1 5 E q t r 7s 1926-31 Ser B _ J A J _ N o r th W iscon sin— 6s ’30. J A J 8uper 8h L 5s Ju n e 1930.M A S O h io T e rre H a u te A Southeast— l a t A r e f g 5 sD ec 1 ’ 60op J A D Incom e M D ec 1 1960_______ Sou In d ia n a 1st g 4s ’31 F A A C h ic U n S ta t 1st 4 4 s ’6 3 . .J A J ►c M 5s 1963 Ser B ____J A J 1 st M 8 4 s Ser C 1 9 6 3 ... J A J G u a r g o ld 5s 1944_____ J A D C h ic a go A W estern In d ia n a — G e n g o ld 6s D e c 1 1 9 3 2 ..Q -M C o n sol g gu a r 4s 1952____J A J S in k fu n d 7 4 s Sept 1 ’ 35 M A S C h ic A W e st M ic h — See Pere M C h o c O k A G u lf — See C R I A P C ln d n H a m ilto n A D a y t o n — G ene ral 5s g old 1942___ J A D 2d m tge g old 4 4 s 1937. . J A J D a y to n A M ic h 1st 5s 1911 E x t a t 4 4 % t o ’31op’ 1 7 JA J b Basis. / B id . 107 4,50 61 103 874 1104 99 4 86 87 103 5 50 774 55 924 86 534 714 504 55 99 63 4 804 514 56 ^ 724 66 5.90 94 4 964 88 88 74 83 4 83 4 10 2 4 10 0 4 104 10 0 4 99 4 10 84 1 12 101 5.00 5.35 5.15 5.15 93 4 10S 884 824 994 100 4 874 804 984 984 101 904 87 12 12 834 854 1 0 14 984 98 5.55 5.15 5.15 4.25 4.80 994 76) 57} 73 924 1004 1164 98 1054 774 1024 94 934 964 Asifc T is price includes accrued lnt. h Bonds B id . A tk . Bonds. B id . Des M oines A FtDodge— See M Inn A S C I St L A C — See CCC A S tL 754 7 6 4 Des Plaines Val R y — See Chic A N W 1 0 74 Cln Ind A West 1st 5s 1965.M AN Det Gr Rap A West— See PereM 4.10% C n Leb A Nor— See Pennsylva la R R 73 Det A M ack pr 1 4s 1995_ JAD 88 _ Cine A Musk Val 4s 1948..F A * 62' Cln N O A Tex Pac Ry— Mortgage gold 4s 1995..JALi 674 5% Detroit Rlv Tun— See Mich Cei Eq tr 5s 1925 38 (yr)__AA< 6 5.25 87 89 Jlncln North 1st g 4s 1951-J A j Detroit A Toledo Shore Line— 82 1st gold guar 4s 1953____JAJ Jin San A Clev— See CCCAStl Dill A Ir Range— 1st 5s ’ 37 AAO 1004 8 7 4 Jlearfleld A Jeff— See Pa A N V 90 'learf A Mahon— See B R A P Duluth Mlssabe A Northern— 102 Gen g sf 5s Jan 1 1941___JAJ Cleveland Akron A Columbus100 Duluth South Shore A Atlanth General gold 5s 1927___ MA; 87 88 1st gold 5s 1937__________ JAJ 100 1st cons guar g 4s 1 9 4 0 ..F A / 89 87 Dutchess Co— See Cent New Eng IJnguarauteed __________ East Teun Va A Ga— See So R j 8 8 4 Clev Cine Cblc A St Louis— 82 4 Eastern M inn— See St P M A M 814 General 4s gold 1993___ JA1 101 102 5.20% Elgin Jol A East 5s 1941..M AN 994 Gen M 5s Ser B 1993____JA 97 98 784 Elmira A Williamsport— Deb gold 4 4 s 1931______ JA 1034 1 0 34 88 1st 6s '10 ext at 4 % 1950. JAJ Ref A Imp 6s 1929 Ser A . . JA 60 97 1U6 Income 5s 2862_________AAO Ref A Imp M 6s ’ 41 ser C . JA 95 Ref A Imp M 5s ’ 63 Ser D .JA J 9 5 4 El Paso A Rock Isld— See El Pas j A Sou 4.75% El Paso A Southwestern C o— 5% Equip tr 5s 1925 ’ 29(yr).JA . 94 4 El Paso A S W R R — 5% 4.80% Equip tr 6s 1925 ’ 27(yr) .JA1 89 1st A ref 5s 1965______ AAO 894 994 Cairo Dl v 1st g 4s 1939__ JA.. 894 80 80 4 New M exico Ry A Coal Go— C W A M Dlv 1st 4s g ’ 91 JA . 54 4 99 1st col tr g 5s Oct 1 ’ 47 AAO 814 StLDlv 1st col tr g4s’90 M A f 824 99 72 88 4 SprAColDlv 4s 1st g ’ 40_ M AS IstAconAcoll tr g 5S.51AAC 914 99 87 % 51 Dawson R A Coal 5s’ 51JAJ W hite W V Dlv 1st 4s ’ 40 JAJ 99 ElPasARI 1st g gu 5s’ 51 JAJ Chic Ind A St L Sh Line R y 554 89 Erie— N YA E lst4sextg’ 47 MAN lst gold guar 4s 1953 AAi 994 914 914 4 4 s 3d ext 1933________MAS 64 C I S LAC 1st 48 g Aug ’ 36Q-I 924 994 _ 5s 4th ext gold 1930_ AAO 81 99 4 CinSanAClev con g 5s’ 28 JA.' 97 >„ 4s 5th ext gold 1928____JAD Clev Colum Cln A Indiana] 524 1074 109 7s 1st con ’ 20 ext to ’ 30.M A S 57 Gen cons gold 6s 19 34.. JA.I 107 4 71 Prior lien gold 4s 1996_ JAJ _ 904 Id Blrn A W ext 4s 1940. AAO 724 8:5 67 644 Gen lieu gold 4s 1996____JAJ O Ind A W g 5s Apr 1938.Q-J 79 654 Conv gold 4s 1953 Ser A . AAO 5 50% 784 Peor A East cons 4s ’ 40. AAO 354 36 Series B 1953_________ AAC 654 2d cons Inc 4s 1990 . Apr ' 964 73 yb Series D 1953............... AAO 97 Cleveland Lorain A Wheeling 102 Eq tr 6s 1925-35 (year). JAJ If b 6.5l Cons now 1st g 5s 1933. .AAO 1024 Eq 6s Ser FF ’ 25-’ 28(s-a)MAN b 5 5 93 Stamped subject to call . . 97" 954 Penn coll g 4s Feb 1 ’ 5 1 ..FA A Gen M 5s 1936 ________ JAD 97 Buffalo A Southwestern— 89 Con refg g 4 4 s 1030 red. JAJ 101 1st g 6s’ 08 ext to 1928.JAJ Clev A Mahon Val— See ErleRR 96 2d g 5s '08 ext to 1928.JAJ Clev A Marietta— See Penn RR 101 Jeff R R 5sextat 5 4 t o '2 9 . AAO 7 4 4 Cleveland A Pitts— See Penn Co 80 Chic A Alt Term 5s 1928. JAJ 8 5 4 Clev Short Line— See L S A M 8 100 Ch A Erie 5s 1st g 1982. MAN 8 4 4 Cleveland Terminal A Valley— ad 82 104 4 Income 5s Oct 1982_______ _ 1st 4s gold guar 1995_ M AN 834 102 Cleve A Mah V afg 5s ’38. JAJ 994 Cleveland Union Terminals 101 u Erie A Jersey s f 6s 1955.JAJ 104 4 1st 5 AAO 1 0 44 __ 1st s f s 4 s 1972 SeriesBA. .A A O < 1 9 4 1054 Genesee River 6s 1957__ JAJ 102 m f 5s 1973 Ser 99 4 107 4 Long Dock 6s con g 1935 AAO Coal A Iron R y — See Western M arylau.l 80 Newb A N Y 1st 5s 1929 JAJ 1 0 84 Coal River R y— See Ches A O 75 N J A N Y 5s 1950___ MAN 98 4 1124 Colo A Sou 1st g 4s 1929.. FA A! 9 7 4 N YAGr Lake gu g 5s’ 46 MAN 914 Ref M g 4 4 s May 1 ’ 35. MAN , 9 2 4 93 4 1 0 14 4.75% N Y L E A W C A RR— Eq tr 6s 1925-35 (year) .JAJ15 5 5.45 5.20% 5.05% Ft Worth A D C 6s '21— | 1st 6s ext 5 4 % '4 2 .MAN 4.90% N Y L E A W D A I 1st 6 s '13 Ext at 5 4 % to 1961..JA D 1044 1054 994 Extended at 5% to ’ 43.JA J 4.90% Colo Sou N O^A Pac— See St L A S F 96 N Y Pa A O p 1 4 4 s ’35. MAS Colo Spr A Cripple Crk D R y — 15 N Y Susq A Western— 1st gold 8 f 5s 1930______ JAJ 5 15 1st refunding 5s 1937.-JAJ 734 Cent Tr Co ctfs of dep-----894 63 2 4 2d mtge 4 4 s 1937____FAA 1st cons 5s Oct 1942____AAO 62 Gen mtge 5s g 1940_ FAA _ Col Connec A Ter— See NorAW 94 Term 1st g 5s 1943_ MAN _ Col Hock ValAT— See Hock Val 83 81 1004 Conn A Pass— 1st g 4s '43. A AO Registered $5,000 e a c h .. 834 89 j NewpARichf lst5s’ 41 gu JAJ Midland of N J 1st 6s. 1910 60" 914 ext at 5% to 1940 ..A A O Conn River— Gold 4s '4 3 ..M A S WUkesAE 1st g 5s’ 42 .JA D 99 4 ' Connecting Ry (Phila)— 644 994 Erie A Jersey— See Erie RR 1st M gu 4s Mar 15’ 51 MAS15 884 1024 Connellsv A Monongahela R y — Erie A Plttsb— See Penn R R — 95 98 European A N A — See Maine C e n tra l 1st s f gold 4s 1930 o p t..M A S 89 Evansv Indlanap A Terre Haute _ 8 8 4 Cuba Northern 6s 1966_ JAJ 1004 1st mtge 7s 1950______ MAN Cuba R R — 1st g 5s 1952_ JAJ _ 85 4 854 1 104 Evansv A Ind 6s 1926_____ JA 18 1st 1 A ref g 7 4 s ’ 36 SerA JAD 1033/4 Evansv A Terre H ref 5s ’ 41 JAJ 18 Imp A equip 5s 1960_ MAN _ 744 764 Sul Co Br 1st g 5s 1 9 3 0 ..AA( Current Riv— See K C Ft S A M 71 Fitchburg— 5s Jan 1 19 34..JA . 8 3 4 Dallas A W a co —See M o K A T 71 86 4 4 s ref 1928_____ MAN Daws Ry A C ’l— See El Paso A Southw 63 10 14 Dayton A Mich— See C H A D 4 4 s Jan 1933___________ JA. 88 90 99 4s refunding 1925______ MA> Dayton Union 4s 1949_____JAJ 75' 4s refunding Mar 1927..MA? 98 4 Del A Bound Br 3 4 s ’ 5 5 .-F A A 70 5.25% Delaware A Hudson— 4a refunding 1927_______AAC 4.90% 4s Jan 1928................ .JA . 70 Conv 5s 1935___________AAO 1054 1054 884 1st A ref gold 4s 1943___MAN 8 8 4 Flint A PereMarq— SeePereMa ‘ ■"SI 7 % sec g bon ds 1930____JAD 1 0 9 4 1 0 9 4 Flo Cen A Pen— See Seab Air I 924 4.40% 15-yr g 5 4 9 May 1 ’ 37.MAN 1014 1 0 14 Florida East Coast 4 4 s ’ 59JAD 1st A ref 5s 1974_______ M AS 6% 944 Eq tr 6s Jan 15 ’ 25-’ 35 JAJ15 b 5.2 o Florida South— See Atl Coast 1 Aalrond 1st 4 4 s ’ 42 gu MAS 1004 92 Florida West Shore 5s 1934. JAJ Albany A Susq 3 4 s gold 1946 Florida Western A Northern (conv before 1916) gu.A A O 924 1st M 7s M ay 15’ 34A .M A N 15 1084 Bluff Point Laud Impt Co— 83 85 Fonda Johnstown A Glovers— 1st Mtg guar 4s 1 9 4 0 ..JAJ 83 1st cons ref’g g 4 4 s 1947.JAJ Chateaugay Ore A Iron— 65 Gen ref’ g gold 4s 1950_ JAJ _ Guar gold 4s 1942_ ..J A J _ 1st con ref 4 4 s ’ 62 op t.M A N Rensselaer A Saratoga— 824 Fort D odge Des Moines A Sou— 6 % g bds M a y 1 ’4 1 .. M A N 1104 83 90 1st 5s 1 9 3 8 .................... JAD U tic a C lin A B lo g 5s ’3 9 .J A J 13 FtSmlthAWest 1st g 4s’ 84.A A O Delaw are L a c k A W e ste rn— M o rris A Essex 34s2000 J A D 894 754 7 6 4 Fort St UnDeptDet 4 4 s ’ 41 JAJ Ft Worth A D a C — See Col A 8 N Y L a c k A W estern— Ft Worth A Rio Gr 4s 1928. JAJ 1st A ref 5s 1973 Ser A M A N 944 Fre Elk A M o Rlv— See C A N W 1st A re f 4 4 s ’ 73ser B M A N 984 Galv Har A San An— See So Pac W a rre n 1st refg 3 4 s 2 0 0 0 FA A 774 Galv Houston A Henderson— Denison A Pac Sub— See T e x A P 1st M 5s, 1933__________AAO 914 D e n ve r A R io G ra n d e W astern _ 984 G e n incom e 5s 1955 _ M A N _ 584 5 8 4 Galveston Term 6s 1938_ MAS Genesse River— See Erie R R D e nver A R io G ra n d e — 84 100 1st con g 4s 1938________ J A J 8 4 4 Gen A W yo 1st g 5s 1929. AAO 87 1st con g 4 4 s 1936______ J A J 8 7 4 Geor A Alabama— See Seab A L Im p r o v rt g o l 5s 1 9 2 8 ..J A D Georgia Car A N — See Seab A L 97 ld 964 Ga A Fla 1st g 5s 19 56..M A N / 30 1st*A ref g 5s 1955 o p ___F A A ./ . . . . 774 Geor Midland —See South’n Rv F a rm L A T r recta_________ /' 47 58 70 110 B an ke rs T r C o c tfs of dep| Georgia R R A B kg ref 6s’ 51 A AO 75 83 47 un d e r agree J u l y 1922.. / 4s Jan 1 1947__________ JAJ 924 101 63 S ta m p e d ______________/ 49 Ga 8ou A Fla 1st g 5s 194A.TAJ 974 5% E q tr 4 4 s *25-’ 39 s-a ..M A N b Stam ped Feb '22 c o u p _ / _ .. 1164 100 A m E x N a t c tf F e b ’ 22 coup / __ Gettysburg A Har 5s gu ’ 26AAO 984 GUa Val G lobe A Nor— See Sou P a c ific A u g 1922 and a ll coup a tt / R io G r Ju n e 1st gu 5s '39 J A D Gr Rap Bel A Sag— See PereMar 944 o Grand Rap A In a— See P ennRR R io G r So 1st g 4s ’4 0 .. . J A J / 78 T 1st g 4s gu a r 1940____J A J / Grand Trunk Pacific— 64 1024 R io G r W est 1st 4s '3 9 . . J A J / 8 7 4 1st M 3s 1962................... JAJ 684 1st 4s Feb 25 '39 Alg gu M AN 74* 1st cons g 4s 1949 o p . . A A O / 7 3 4 874 85 U ta h F u e l 1st 5s 1931. M A S 1st 4s Feb 15 ’ 42 Alg gu M AN D e n ve r A S a lt Lake— Gen 4s 1962 Can G ov guarj AJ 96 MK 78 26 Prairie Section 4s 1955..A A O 1st 5s 1943 ctfs d e p . . . M A N 28 78 M ountain Sec 4s 1955___AAO 78 Lake Sup D lv 4s 19 55.-A A O A tl. t L o u is 74 704 — ______ 89 89 99 chwest 100 92" 1074 714 644 654 654 74 5.20% 5.20% 9 ,4 102 95 103“ In,3 1084 934 1014 964 734 644 64 98 . 92 654 102 934 94 4 94 109 90 75 67 844 20 95 92 100 102 35 112 98" 4.80% 694 884 87 k Last sale. I In London, m Dollars per 500 francs or £20. n Nominal. • Sale price, u Per £200. *2 RAILROAD BONDS [Vo . 120. l NOTICB.— All bond prlcas arc "a n d Interest” except where marked “ 1” and Income and defaulted bonds. Bonds. B id . G ra n d T r u n k R y of C a nada— S in k fu n d g deb 7s ’ 4 0 .- A & O 1163* 107 % D e b g 6s Sept 1 1936_ M & S _ E q t r 6V$8 1936 (Ser F ) . F A A 1 0 7 % 77% Ca na da A t l 1st 4s 1955_ J & J _ G ra n d T r u n k W est 4s £ 5 0 .J & J I f 79 78)4 1st g gu 4a $ J u ly 1 1950.J & J G re a t N o rth e rn — n o t* G e n M 7s 1936 Ser A ____J & J 1st & ref g 4 J*a’ 6 l op ’4 1 .J & J 91)4 10144 G e n M S H b 1952 Ser B . . J & J 93 % G e n M 5s 1973Ser C _____J & J E q t r 4)*9 1925-1939...M & S b 4.95 E q t r 59 1925-’38 ( y r ) . . M & S b 5% E n t r 6a Jan tfl 25 *35 J& J1 5 b 5.30 W estern F r u it Express E ’ q 5 3 J \ in e l 5 t2 5 -* 3 9 (S T ) J & D b 5.35 G re a t n o rth e rn R y of C a n a d a — 87 C o n 4a 1934 o p t to 1914.A & O G reen B ay & W est debt c tfs A . . 75)4 15 D e b ctfs B ___________________ G re en b rie r R y — See Chesapeake & O h io G re en w ich & J o h n s o n rille — 80 1st g old 4s 1924_________ J & J G u lf & Ship Isla n d R R — 1st ref & term g 5s F e b ’ 52 J & J 98)4 G u lf T e rm in a l of M o b ile — 80 1st m tge g 4s 1957 g u ____J & J Henderson B r— See oou & Nash H o c k in g V a lle y R y — 1st cons gold \ % s 199 9..J & J 89)4 100 Vs 5 % notes 1 9 2 6 ............. M&S F.q tr 5s 1925 1938 (ann) A & O b 5% E q t r 5s 1925-39 ( y r ) ____J & J 6 5% kiu tr 6a Ja n Ld '25 "35 . J & J 16 6 5.40 C o l & H V E x t 48 1948. . A & O 86)4 C o l & T o l 1st g 4s 1955.F & A 84)4 H b llld a y s b Bed & C u m b — See P R R H ousaton lc— See N Y N H & H H ouston B e lt & T e rm 5s’37. J & J 97)4 H ouston E & W T e x — See Sou P aclfic H ouston & T e x C e n — See Sou P a clfic H udson & M a n hatta n— 1st gold 5s 1957 o p t _____F & A 87)4 A d j In cup to 5 % F e b ’ 5 7 .A & 0 f 73 1st M 4 3*8 1957 c o n v _ F & A _ 7914 N . Y & Je r 1st g 5s ’32 o p t . F & A 99)4 H u n tin g d o n & Broad T o p — 1st g4s Sept 30 1920 90 E x t a t 7 % to 1 9 2 5 ...A & O 70 i d m tge 4s gold 1925____F & A C o n s 5s g M a r 31 192 5..A & O 50 H u tch in so n & S — See A T & S F Illin o is C e n tra l— 1st g 4 s’51 J & J 89)4 82 1st gold 3J*s 1951_______ J & J M a in L e x t 1st g 3)*s *51 A & O 82)4 58 1st M £ 3s 1951________ M&S 1st M £ 4s 1951________ A & O I f 83 T r bds £ 3J*s 1950____J & J I f 70 86)4 C o ll tru s t gold 4s 1952. . A & O C o l T r L N 0 & T g 4 s ’5 3 M & N 83)4 103)4 R e f m tge 5s 1955_____M & N 8814 R e f g 48 1955 o p t 1918.M & N P u r lines 1st g 3)*8 1952.J & J 78)4 J t 1st ref M (I C & C S L & N O ) 5s 1963 Ser A . J & D 97)4 S e rB (£100 & £200) ’63 J & D I f 95 102)4 G o ld 5 >4s Ja n 1934 ____J & J G o ld 63*s J u ly 1 193 6..J & J 110)4 E d t r 4 >48 T u lv’ 25-’ 26_ J & J b 4.50 _ E o tT 4 V£s 1925-1937... A & O b 4.95 E a 5s M a y ’25 N o r ’27 M & N b 4.65 E a t r 5s 1928-38 Ser J .M & N b 4 95 E a t r 6s ’25-’35 (y e a r ) .J & J 15 b 5.25 E q u ip 6V4s 1926-1936..M & S b 5% E q u ip 7s 1925 1935 . . . A & O b 5.05 C a iro B rid g e 4s g 195 0..J & D 88)4 70 L itc b D lv 1st g 3s 1 9 5 1 ..J & J L o u ls v D lv 33*8 g 1953. . J & J 78)4 O m aha D lv 1st 3s g 1951.F & A 70)4 S t L o u is D iv 3 J* sg 1951.J & J 8014 S t L o u is D lv 3b g 1 9 5 1 ...J & J •71 7714 S p g ’fle ld D lv E x t 3>4s’ 51 J & J W estern lines g 4s 1951 _. F & A 85)4 C h ica go S t L ou is & N O — C o n k 5s June 15 ’51 J& D 1 5 101)4 C o n g 3 )* 8 J ’ n e l5 ’51 J& D 1 5 78)4 E q 5s 1924___________J & D b 5% M em D lv 1st 4s 1951 J & D 85)4 8 t L o u is A lto n & T e r H a u te — S t L 8outh 1st g 4s’31 M&S 93)4 C a rb & S h a w lstg4 s'3 2 M & S 92)4 In d B1 & W u — See C C C & St L In d ia n a 1 1 & la — See C h ic In d Sou 1 In d & L o u ls v — See C h In d & L Sou In d ia n a p o lis U n 4 > 4 s'2 6 .M & N G e n & ref g 5s 1965 Ser A . J & J 100 Series B _______ _________ 100 In te rb o ro -M e t 1See S treet A F. In te m a t-G re a t N o rth R y — 1st M g 6s 1952 Ser A ___ J & J A d j M 6s 1952 Ser A . . . A p r i l 6 % gold notes 1930____M&S In te rn a l R ys (C e n tra l Am e rica ) 1st M 5s 1972 o p t______ M & N 6 % notes 1927______________ 0 % notes 1936______________ Io w a C e n tra l— See M in n & St L la M in n & N W — See C & N W Jackso nv T e r 1st 5s gu '3 9 . J & J R e f & e xt 6s 1967 _____ J & J Jam e sto w n F ra n k & Cle a rfie ld — 1st g 4s 1959 g u a r______ J & D Jefferson— See E rie J o p lin U n io n S ta tio n — 1st g 4)*s 1940 gua r o p .M & N K a l A l& G R — See L S & M S E a n a w & M ic h — See T o l & O C K a n a w h a & W est V a — See T o l & O K a n C i t y F t S cott & M em phis— R e fd g g 4s 1936 g u a r— A & O C o n s 6s 1928________ _M & N C u rre n t R lv 1st 5s 1927.A & O K C M e m & B ir 4s 1934 . M&S In com e 5s M a r 1934 8ept 1 / A sse n te d ___________M&S K a n C i t y & M em R y & B — 1st 5s g old 1929.............A & O 101)4 75)4 100 78)4 94 84 100 107 87 93 Cent 82)4 103 99)4 92)4 93 96 A sk. 1 97)4 b Basis. / This prioe Includes accrued Interest Bonds. B id . ''Kansas C it y C lin to n & Sp— 99% n l id g o ld 1925 g u a r_ A & O _ 116)4 107)4 Kansas C i t y M e xico & O rie n t— ____ 108 ■ 1st g > ld 4 s 1951 (u n d e p )F & A 6 % notes 1916 c tfs _____ A & O / -------78)4 82 K a n C i t y & P ac— See M K & T 71 79)4 K a n C i t y So— 1st g 3 s’50. A & O 89)* R ef & Im p ’ t 5s A p r l ’5 0 .J & J Eq t r 6s 1925-35 i y r ) . . J & J l 5 6 5.5o 110)4 92)4 Kansas C i t y T e rm in a l R y — 85)* 1st g 4s 1960 op 1930____J & J 101)4 104 93)4 6 )4 % g notes 1931.......... J & J 101 ]/% 4.75% 8 )4 % g notes 1 9 2 6 ..M & N 1 5 30 4 75% Kan O k la & G u lf Ser A 6s’37J& J 10 5.05% In c 6s Ser B Ja n 1949 ___Jan 5 In c 6s Ser C Ja n 1949___ Ja n 5 % K e n tu c k y C e n tra l— See L & N K e n tu c k y & In d ia n a T e rm R R 77 88)4 1st M 4)4s 1961 (ste rlin g )J& .l 85 80 S ta m p e d ___________ . . 15)4 K eokuk & Des M — See C R I & P K n o xv & O h io — See S o u th ’n R y L a k e E rie & D e t R lv — See Pere M a rq L a k e E r le A W estern— 99)* 1st g old 5s Ja n 1 1937.. . J & J 95 100 2d g 5s J u ly 1 1941............ J & J 87)* No O h io 1st gu 5s g '45 . A & O 82 Lake Sh & M ic h So— See N Y C & JtL K Lehigh & Lake E rie — See Lehigh V a lley Leh igh & N e w En g la n d — 101)* 1st M g 5s 1945_________ J & j 90)4 100)* 101 G e n M g 5s 1954 ...............J & J 4.80% E q tr 4 -4s 1925 1931 . . _V a 6 5.35 4.80% L e h ig h V a l H a rb o r T e rm R y — 100)* 5.10% 1st M 5s 1954_______ F & A L e h ig n V a lle y — 90 ____ 1st 6s e xt g 4s 1948_____J & D 124 C o n M 6s ann reg Ir r e d .J & D 95 C o n M 4V4s ann lrred J & D 80)* G en cons gold 4s 2003._M fcN 97)4 88 % G e n C o n g 4V*s 2003___ M&N 99)* _ M&N O on con s 5s 2003 _ 5% C o t r 4s Feb ’25-Feb ’26. F & A b 88 Iie u ig n A Lake B rie — 90 73)4 ls i 4)4s 1957 g u _____M&i84 81)4 L e b lg h & N Y 1st 4s ’ 4 5 .M & S 100 Leh igh V a lle y C o a l— 100)* 1st 5s gold guar 1 9 3 3 ..J& 1st 40-year gu ln t red ti 89)* ____ 4 % 1933 ................. ..J & J 85 Leb lgh V a lle y R y of N . Y — 96)* 65 1st 4)4s gold 1940____J & j 101)* Leh Val T e rm 5s 1 9 4 1 ..A & O ____ 98>* M iddlesex Val 1st 5s ’ 42 M & N 10U>* .- P a & N Y Ca na l con 5s’39 A & O 95)* 83)4 C o n M 4)4s 1939____A & C 90 72 C o ns M 4s 1939.............A & O 88 Lehigh & W ilke s— See C e n t N J 80 L e x & E a st— See Lo u ls y & Nash 82 87)4 L itc h fie ld & M ad 1st 5s’34 M & N 82)* 83)4 L ittle M ia m i gua r 4s 1962.M & N 104)4 L ittle R k & H o t Sp W est R y — 77)* 1st g 4s 1939 g u a r_______ J & j 88)4 83)* Lon g Is la n d -U n ifie d g 4s’49M&.< 82 Refund g gu 4s 1949____M&s 97)4 T a x-e xe m p t N Y ............... 100 105 1st cons g 5s J u ly 1 1931.Q-.) 93)* 1st cons g 48 J u ly 1 1931.Q -J 102)4 89)* 111 >4 G e n m ort g 4s 1938_____J & D 4.15% 88 J* 4s gold 1932........................J & L 95!* 4.70% D eben ture gold 5s 1934. J & D 88 4.40% Deh gold 5s 1937 ______ M&N 4.70% E q t r 5s 1925-39 ( y r ) ____A & O b 5.40 5% E q tr 6s 1925-32 iy e a r)_ F & A 6 5.60 4.80% 93 M o n ta u k E x t 5s 1 9 4 5 ...J & J 4.85% 95 B ro o k & M o n 2d 5s 1938 J & D 98 L I C ’y A F con 5s 1937 M & N ____ 97 N Y B ay E x R 1st 5 s g ’ 43 J & J 80 % N Y B ’k ly n & M a n Beach 1st 100 gold 58 1935_________ A & O 71)4 99)* N Y & R B 1st g 5s 1927 M & S 81)4 N o rth Shore B ranch— 82 99 1st con 5s g O ct l 1932 Q -J 88 Louisiana & Arkansas R y — 100 1st s f g 5s 1927.............. .M & S ____ Louisiana & N o rth W estern— ____ 45 1st M g 8s 1935........... A & O 4.25% L o u ls v C tn & L e x— See L o u ls v & N a sh v 85)4 L o u is v ille Henderson & 3t L — 98)* 1st m ort gold 5s 1946 . .J & .l ____ L o u is v ille & Jeffersouv B ridge — 83)* G uaranteed gold 4s 1945. M&S L o u is v ille & N a sh ville — 103)* 50 year gold 5s 1937_ M & N _ 92)* U n ifie d gold 4s 1940____J & J 101 C o ll tr gold 5s 1931.. .M & N 101 7 % g n o te s M a y 15’3 0 .M & N 15 106)* ____ 106)* Ist& re f 5 )*a 2003 Ser A . A & O 102 1st & ref 5s 2003 Ser B . . A & O 92% 1st & ref 4 J*s 2003 Ser C . . Eq tr 4 3*s 1925-37 ( v r ) . J A D b 4.95 5% E q u ip 6!*s 1925 ’3 6 (yr) M VS b io i)4 76 E q tr 6s Ja n 15 '25-'35 . J & J 15 b 5.25 88 >* A t K & C ln dl v 4s 1958. M& N 100)4 A t l K no x & N o r 1st 5s’46 J & D 101)* ____ Cousol gold 4s 2002.. M&S 77)4 98 Va L o u C & Lex 4 !* sg ’3 1 .M & N 98 104)* N O M o b 1st g 6s 1930. J & J 88 103 >* 2d gold 6s 1930........... J & J Pad & M em d lv 1st 4s'46. F & A 89 % 8 E & St L D lv 6s 1971.M&S 62 110 2d M 3s 1980________ M&S 105 Hendersou B r 6s g 1931. M & S K en t C e n tra l 4s g 198 7..J & J 83)* 87)4 L ex & East 1st 5s 1965.. A & O 103)* L A N M ob & M ont4 3* V 45 M & S 94)* L ou lsv & Nasbv S o u th 'n Joint 94 82)* gold 4s 1952____ _____ J & J L A N T e rm 1 st g 4s'52 gu J & D 100)* Nas F & S 1st g ii g 5s 37 F & A N e w p o rt & C ln c ln B ridge — 92)* 1st M g 4 3*s 1945 guar . J & J 82)4 102)* 104 S & N A la C o n M g 5s ’36 F & A 100 G e u con gu g 5s 1963- A & O 104 93)4 M acon D u b & Sav 5s 1947.J & J 79J* M acon T e rm in a l 5s 1965.. J & J 97 M a ho nin g C o a l— See L S & M S 96)4 k Last sale, A sk. B onds. B id . A sk. M aine C e n tra l— 99)* 1st & ref 4)*s 1935_____ J & D 89 91 1st & ref 5s D ec 1 9 3 5 ...J & D 94 97 ____ E u r A N A gold 1933 J & J 90 ____ 90 H ere ford R y -^ -G 4s ’ 30. M & N 91)* U p p e r Coos 1st gu 4s '30 M & N 88 71 K U p p e r Coos E x 4 )* 8 g '3 0 M & N 90 96)* W a sh in g ton C o R y 1st g gu 5 .10% 67 3 3*8 Tan 1954 op 1924 J & J 70 58)* M a n ila R R S o u Line s4 s’39M&N 61)* 86 4s ’39 ext 1959 (U S gu a r* . . . 60 64)* — S in kin g fund g 7s 1937M&N 103 1053* 102)* M a n ito b a & S E — See Canadian N o rih e rn 981* M a n ito b a 8 W C o l 5s 1934. J & D 20 M a rq H o u g h to n & O n t 6s’ 25A& 0 100 15 M d D el & V a 5s 1955 g u __ F & A / 40 75)* M a ry l & Pa 1st g 4s 1951..M & S 78 Incom e 4s 1951................ A & O 27% 80 M ason C it y & F t Dodge— 87 1st M gold 4s 1955_____J & D / 59 M e m phis U u lo n Sta tion C o — 1st g gu 5s N o v 1 ’ 59__ M & N 96% 98 M e rch an ts’ B r— See T e rm R R M e rid ia n T e rm 4s ’ 55 guar M & N 80 81)* 9 9 Va M extcau In te rn a tio n a l— 953* P rio r lien 4 t*s 1947____M & S f 88)* 1st con gold 4s 1977____M & S f 8ept 1 1914 coup o n ______ f Sept 1 1914 coupon o f f __ _ f M exica n N o rth 1st 6s 1930 J & D f 102 M ich C e n t— See N Y C & H R 101 M iddlesex V a lle y — See Leh V a l 5 .1 o% M id d le to w n & U n io n v llle — 50 2d M adj Inc 6s 1 9 3 3 ..M & N 101 M id la u d of N J — See E rie 96 M id la n d T e rm 5s 1925____J & D 99 — 86 M id la n d V a lle y — 5s 1943.. A & O 88 126 A d j M A p r 1 '53 Ser A ..S e p t 97** _ _ Series 6 ............................... ....... 80)* M ilie u & S o u th w — 5s 1955. A & O f 60 89)* M il Lake Sh & W e s t— See C h ic & N W 993* M ilw & N o — See C h M il & St P 4 .50% M llw & Spart & N W — See C h ic M in & P a c — See M St P & S 8 M ___J M in n & St L — 1st 7s 1927.J & D 99 103 — 1st consol gold 5s 1934.. M & N / 52)* 53 1st refg gold 4s 1949 _ M&S / 21 % 223* 101 R «f V ex» 5s Fe b ’62 Ser A Q -F / 16)* 18 99)* 1st gu g 7s 1927_________ T& D — Den vl .t F t IJ 1st 4s '35 J& J f 40!* 41 Io w a C e n t 1st g 5s 1938. J & D / 58!* 61 1st & ref g 4s 1951 . M&S / 19)* 26% . . . . M in n St P & Sa nlt Ste M a rie — ____ 1st cons gold 4s 1938.. . J & J 87)* 873* ____ 1st cons gold 5s 1938 _ J & J _ •98)4 983* ____ 2d M gold ts guar 194 9..J & J .... C o ll trust si** 1931 . . M A S 103’* 104 1st ref 69 1946 -e r A . . 1t J 1005* 101)* 25-yr 5!*a 1 9 4 9 ............. M&S 87!* 88 85 E q t r 7s i925 I9 3 0 (yri J & D b 5.40 5 .05% ____ M S Ste M t A t l 4s ’ 26 . J & J 99 % M in n & Pac 1st 4s 1936 . J & J 79 M S tP & S S M & C e n tT e rm R y — 85 92% 1st C h T e rs f 4 s'4 lo p ' 16M &N 823* M in ne ap olis T e r m — See W Is C e n t ____ M ississippi C e n t g 5s 1949 . J & J 92% 92)* . . . . M iss R iv e r & Bonne T e rre — ____ 1st s f 5s 1931 o p . . . . . A & O 90 99 ____ M issou ri Kansas T e x R R — ____ P rtor 1 5s 1962 ser A . .J & J 90 '905* 96 P rio r 1 4s 1962 ser B _____J & J 75 75)* 88)* 102J* 102)* P rio r 1 fls 1932 ser C _____J & J 5 '/o A d i M 5s 1967 -wr \ ___ |& I / 88 88 i f 5.20% 6 % gold notes 1930____M&S 100 1003* . . . . M o Kan A T e x (old c o m p a n y)— ____ 1st gold 4s 1990 . J& D 82)* 82)* E q u ip trust 6s 1925-35.J & J 15 b 5.70 5 .2 5 % Boon vllle R R B ridge— 1st g gu s f 4s 1951 . M & N / 68 D a l A W aco 1st gu 5s’40 M * N / 90 100 K an C & Pac 1st" 4s g '90 F & A / 70 80 . M o K an A K 5h 1942 g u _ A A O / 100 M issouri Kansas & O k la — 1st g gu 5s M a y 1 '42 M & N / 100)* M K & T o f T 1st 5s gu 42 M & S 113 8herm au Shreveport & 8— 55 1st M gu gold 5s 1943. J & D / 30 8 w Coal A Im p 1st 6s '29 J A J / 90 Te xa s A O k la — 5s 1943 M & S / 99)* M o Pacific R R (new com pa n yi 100)* 1st & ref 5s J u ly 1926 C F & A 10 0 3 * 843* 1st & ref 5s Jan 1965 A . F & A 865* 87 1st & ref 6s 1949 -tor D F & A 100 100)* 5 % gold notes 1927 _____ I & J 100 Va 100)* 93 M o P acific (old C o ) — 101 J* G en M 4s M at 1975.. .M & S 65)* 65)* 107 E q u ip 6 3*s 1925-1936 . F & A b 5.45 5.10% 5.60 5.20% E q tr 6s Ja n 15 25 '35 J& J1 5 102)* 3d 7s e xt to J u ly 1938 at 92 •* > 84)* 4% ............................. M & N 4 .70% 74)* C e n tB r U n P a c ls t g 4s’ 48 J & D 75% 4.80% Pac of Mo 1st ex g 4s '38. F & A 9o % 5% 2d ext 5s gold 1938____J & J 98?* 90 St L R E 1st 5s 1938. .M & N ___ ____ C ardelet Br lat4 >*s’3 8 A & 0 St Louis Iro n M t & Sou— 93)* 99% 94 U n ify * R ef’g g 4s '2 9 .J & J 107 3* 100% G e u con ry &1 g 5s '31 A & O 1043* 105)* G e u C o n stpd gu g5 s'3 l A & O 893* R lv & G u lf D lv 4s 33 M & N 85 85% __ V e rd V a l l& W lst5 s’ 26M&S 100 63)* M o b ile & B lr m — See Southern R - - - - M o b ile & O — 1st g 6s 1927_ J& D 102 7* 104 ____ 1st exteu 6s J u ly 1927__ Q -J 101Va 1 0 2 % __ G eu g 4s 1938.. ______ M & S 87 E q t,r is 1925 33 (s-a ).-_M A S b5.10% 4.90% E q tr 5s 1926-39 ( y r ) ____J & J b 5 10 4.90% M o u lg o u i D lv g 5s 1947. F & a 83)* 98 98)* ... St Louts D lv 5s 1927 _ J & D _ 100)* J00)* ____ St L A C 4s guar 1931 . . . J & J 94 3* 95 M o ’k & M a lo n e — See N Y C & H __ M ouongahela Sou 5s 1955. A & O 98 ---M o u t O eut — See S t P M & M 104)* M ont W yo & So 5s 3 9 . .. M & L 60 70 79 % M o rris & Essex— See D L & W 98>a N a sh ville C h a tta n o o g a & St L — 101 101% 1st cousol gold 5s 1 9 2 8 ..A & O Eq tt 4 )*s 1925-37 ( v r l . A & O b 4.95 4 .75% Nash F lo r & Sh e ff— See L & N i In London. » Nominal. • Sale prloe. F eb ., 19250 BATLBOAD BONDS 33 NOTICE.— AH bond p r i m aro "a n d Interest" except where marked “ I " and flneome and defaulted bonds. Bonds. B id . A sk. Bonds. B id . A sk. Bonds. B id . A sk. N I Y N H & H a rtfo rd ( C o n c l ) — P e n n s ylva n ia R R ( C o n c lu d e d )— N a tio n a l R v s of M e xico — ____ ____ 70 ! D a n b & N o rw a lk 4s *55. J & D D R iv R R & B g u g 4s ’3 6 .F & A 93% W P rio r Hen g 4 H s s f 1957-. J & J / -------____ 97 E r ie & P itts b u rg h — G e n 5s A p r 1 1925_ A & O _ Ja n 1914 coupon o n ______ f ____ 80 84 H a r l R & P o rtc h 4s ’ 54 M & N G e n gu g 3 % s Ser B ’40. J & J 81% J u ly 1914 coupon o n ______ * -------26J4 ____ 92% 84 21 &N J r 18% Ass'n’t Ju n e coupon on — _ H o u sa to n lc con 5s 193 7.M & N 72)4 ____ G r RSeriesdC E1940_______ .J& JJ 94 & In x t 4 % s ’4 1 & N a u ga tu ck 1st 4s ’ 5 4 ..M 95% G e n M 4s 1977________ A & O / -------78% 81 2d 48 1936____________ A & O 89 90 N e w E n g cons 4s '45 g u . J & J A p r il 1914 coupon o ff _ _ . . f . . . . 3034 ___ M u ske g on D iv g 5s’ 2 6 .J & J 100 102 21 C o n s o lg 5s J u l y 1 *45. . J & J S G e n 4s assent re d ’m ble 1977./ 16 92)4 „ ___ ____ 85 N Y & N E Bos T e r 4s’3 9 A & 0 H o lid a y s b B e d fo rd & C u m b F 8 % K notes Ju n e 1915— J & D / -------____ ____ 60 84 N H a v & N o r th 4s ’56 gu J & D 1st M g 4s 1951 g u a r .. J & J N a t R R o f M e x p l g 4 % s ’26 J & J / -------88 _ _ 85% N Y P r o v & B os 4s ’ 4 2 .. A & O 90% O h io C o n n e c t’g 4s 1943.M & S few J u ly 1914 coupon o n ______ ' — 32% N Y W estchester & Bos R y — P e n n s ylv a n ia C o m p a n y— Ina A s s ’n t w lt h J u ly ’24coupon / 29 ____ ____ 60% 61 1st M g 4 % s 1946 g U - . J & J 95 G u g 4s 1931 op 1921. A & O l i t cons g 48 1951---------- A & O / --------____ 51% 85 P r o v Sec deb 4s 1957 g u M & N G u t r ctfs g 4s 1 9 5 2 ..M & N 87% SasApril 1914 coupon o f f-------- f -------____ 81% P t o v T e r 1st g 4s gu ’ 56. M&S 85 As8’n t w lt h A p r ’ 24coupon / -------G u t r c t f s g 3 % s 1937 M & S 83% N Y & N o r — See N Y C e n tra l & H u d G u t r ctfs g 334s 1941. F & A 84 N ebraska— See C B & Q i 82 N e w Y o r k O n ta rio & W e ste rn— G u t r c tfs g 3 % s 1 9 4 2 .J& D 84 N e w E n g R R — See N Y N H & H| 67% 68 R e f 1st g 4s Ju n e 1 9 9 2 ..M & S 82 G u t r ctfs g 3 % s 1944.J & D 83% New H av & No— S e e N Y N H & H i 64% 65% 92% R egistered $5,000 o n ly ____ P h B a lt & W a sh 4s ’4 3 .M & N 100 N J J u n c tio n — See N Y C e n tra l] 63% 65 104 G e n M g 4s 1955 re d ____J & D G e n 5s 1974 Ser B ____F & A 104% N e w Je r & N e w Y o r k — See E rie ! ____ 80 5 % 4.75% P itts C in C h ic & St L o u is— E q 4 34s M a r ’ 25-Mar*28 M&S b N e w L o n N o r 1st 4s 1940 . J & J nwest 89% 90% 96 N Y f* hila& N o r— ls t g 4 s ’3 9 J& J C o n g gu 4 % s Ser A ’4 0 A & 0 97 N e w M e x R v & C ’l — See E l Paso & Sout ____ 76 59 96 60)4 In com e 4s J a n 1 1939___M & N do Ser B 1942.. A & O N e w O r l G t N o r 1st 5s ’ 55- F & A 84% 85 S tock tru s t ctfs 4s 1948.. J & D 96 do Ser C 1 9 4 2 ..M & N N e w O r l & N o r th E 6s 1915— ____ ____ N Y P r o v & B oa t— See N Y N H & H a rtfo rd 94% E xte n d e d a t 5 % 1940. . M & N do S e r i 1 9 6 3 ...F & A 95% 87 94% R ef & Im p 4 % s ’ 52 Ser A . J & J 87)4 N Y & P u tn a m — See N Y C e n t & H u d R iv e r do 4 % s Ser J '6 4 .M & N 81 do 4s Ser D 1945.M & N 90% N e w O r l T e rm 1st 4s ’53 _ J & J 81)4 N Y & R o c k a w a y Beach— See L ong Is l and 90% N Y Susq & W — See E rie do 4s Ser F 1953.. J & D N e w O rlean s T e x a s & M e xic o — 102 101 % 90% N Y W estc & B o st— See N Y N H & H do 4s Ser G 1957.M & N 1st g 6s O c t 1925 Ser A . . J & D 82 / 94% 81% 90% N o n -cu m In c 5s O c t ’ 35 Ser A . 9434 N o rd R y s f 6)4s 1950____A & O do 4s Ser H 1960 F & A 90% 90% do 3 % s Ser E ’4 9 .F & A 1st 5s 1954 Ser B t e m p .-A & O 90)4 N o rf & C a ro — See A t l C o a st L 100% 99% N o rfo lk Southern— G e n M 5s 1970 Ser A . J & D 100% 1st M 5 % s 1954 Ser A . . A & O 99 X 72 71% 1st & ref g 5s ’61 op '1 5 .. F & A 101% N e w p o rt & G in Beige— See L o u is v ille & N ashv C S t L & P it t s 1st 5s g ’3 2 A & 0 103 ____ 95% N o rf & Sou 1st 5s 1941.. M & N P itts V a & C h a r g u 4s’43M & N 87 N e w b & R ic h — See C o n n & Pass 1 87% 85 1st gen g 5s 1954 o p t . . J & J P itts Y o u n g & A s h 5s’ 27. M & N 100% N Y B & M B ch — See L o n g Is l *i 92 j 90 R a l & C a pe F 1st 5s ’43. M&S 1st gen 4s Ser A 1948.J & D : 86 N Y B a y E x t R R — See L o n g Is l ____ 88 R a l & S o u th p con 5s ’ 65. J & D 1st M 5s 1962 Ser B . . F & A 100% 102 N e w Y o r k C e n tra l R R — 115% 85 87 S u ffo lk & C a r con 5 s’ 5 2 .. J & J 101 11634 F ir s t gen 5s 1974 Ser C J & D 103 C o n r deb 6s 1935_____ M & N ____ ____ 83% 83% N o rfo lk T e r 1st gu 4s ’6 1 .M & N 89% S un & L e w 1st g 4s 1936 J & J C o n M 4s 1998 Ser A . . . F & A j 106% 107 N o r f & W e st gen 6s 1 9 3 1 ..M & N T o l W a h l V a lle y & O h io — N a w Y o r k C e n t & H u d R ly e r — 76 ____ 107% 76% 95% Im p & extens 6s 1934____F & A 1st g g u 4 % s ’31 Ser A . J & J R e f’g g 3 % s J u ly 1 1 9 9 7 ..J & J 94 1 94% ____ 106% 95% 1st g gu 4 % s ’33 Ser B J & J N e w R iv e r 1st 6s 1932.. A & O D e b g 4s '34 ta x-e xe m p t M & N 92% 99% 100 N & W R y 1st cons 4s’9 6 .A & 0 1st g gu 4s ’42 Ser C . . M & S 89% 91 J* D e b 4s 1942 ta x -e x e m p t .. J & J 90% 90 X D iv 1st lie n & gen g 4s J u l y 1 Penn & N Y C a n a l— See L e h V a l R ef & Im p 4 % s 2013 A . A & O 87% 100 88% P e n n sylva n ia & N o rth w e ste rn — 1944 o p t Ja n 1 1929___J & J 100)4 R ef & Im p 5s 2013 C . A & O 128 130 99% C o n v 6 % Sept 1 9 2 9 ...M & G ene ral 5s Ja n 1 1930 . . J & J E q t r 7s ’25-’35 (y r)_ _ A & 0 1 5 b 4.95 4.75% 94% 91% N & W Pocahontas 4s '41 J & D C le a rfie ld & J e ff 1st 6s*27.J&J 101% 102% E a t r 6s Ja n 15 ’ 25-’ 3 5 .J & J 15 b 5.30 5.00% 4.70% b 4.80 4.65% P eoria & E a ste rn — See C le v C in C h ic & S t L E q t r 4J4s 1925-’32._ M & N N Y C Line s eq 5s 1925 ’ 3 7 J& D b 4.90 E q t r 434s 1927-31 (j t ) . F & A b 4.80 4.65% P eoria & N W — See C h ic & N W N Y C Lines eq 5s’ 2 5 -3 9 .J& D b 4.90 4.70% E q t r 434& 1929-*32 ( y r ) . A & 0 b 4.80 4.65% P eoria & P e k in U n io n R y — N Y C Lines eq 4 % s’ 26-’ 2 8 J& J b 4.70 4.00% 93% N Y C L .e q 4 % s ’25-’3 7 (yr)M & S .b 4.90 4.70% 99 S cio to V a l& N E 1st 4s’8 9 M & N A ? 7^ 1st g 5 % s 1974 Ser A . . . F & A 100 N o rth & S o u th C a ro — See C a ro A t l & W est P eoria R y T e rm — See C h R I & Pac N Y C Line s eo 4 X s Sept 15 Pere M a rq u e tte (N e w C o )— 1925 to 1939 ( y r ) . .. M & S 1 5 b 4.90 f.7 0 % N ’east of S C — See A t l C L of S C 97% 1st g 5s J u ly ’56 Ser A . . J & J N Y C R R eq 4% 8 *26 '3 2 .J & J b 4.90 4.70% N o rth e rn C a l R y — See So P ac 98% Bos & A lb eo 4 % s ’ 25-*27 A & O b 4.95 4.70% N o rth e rn C e n tra l— 1st g 4s J u ly ’56 8er B ._ J & J 81% 82% 74 % ____ 99% C o n gen M 4 34a E 1925. A & O tb X L S col t r g 3 % s 1998.. . F & A E q t r 6s J a n 15 ’ 25-’35. J& J1 5 b 5.45 5.10% 75%; 75 % 100% ____ 96% M o r t bds 5s 1926 Ser A . . J & J L E & D e t R lv 4 % s ’3 2 .F & A M C c o l t r g 3 % s 1 9 9 8 ..F & A 97% 94 , M o r t bonds 5s 1926 Ser B J & J ____ Perkiom enlst5s*18 e xt to ’3 8 Q -J 92 X 100% 96 Beech C r 1st 4s g gu ’3 6 .J & J 96% 101% 102 G e n & ref 5s 1974 Ser A .M & S 2d 5s 1918 e xt to 1938.. . Q - J 95 2d gua r g 5s 1936 . . - J & J ____1 N o rth e rn O h io — See L E & W e st Petersb urg— See A t l C o a st L in e C lf B it C C o 1st g 4s ’ 40 J & J 78% N o rth e rn P a c ific — P h ila & B a lt C e n t 4s 1 9 5 1 .M & N 88 Beech C re e k E x t 3 % s ’ 51 A & O 77 X 90 82% 84% 84% P h ila B a lt & W ash— See P en n syl van ia P r io r lie n g 4s Ja n 1997._ Q -J C a rt & A d tr 1st 4s ’8 1 .. J & D RR 61 99 X fo % G e n lie n g 3s J a n 2 0 4 7 ..Q - F P h ila H a rris b u rg & P itts b u rg h — G o u t & O sw 1st 5s g ’ 42. J & D 86% 86% 1st m tge g old 5s 1925.. A & O 99% T,alr« Shore & M ic h S outh— R e f & im p 4 3482047 Ser A J & J 79%^ 106% 107% P h ila N e w t & N Y 3s 1942. A & O 78% 74 C o n g r e f 3 % s 1997.. . J & D R e f & im p 6s 2047 Ser B . J & J 78 97 98% 96% R e f & im p 5s 2047 Ser C . J & J P h ila & R ea d— See R ea d in g C o 98X D e b g 4s 1928............... M & S 96% 96 98% R e f & im p 5s 2047 Ser D . J & J , 96% P h ila W ilm & B a lt 4s 1926. J & J G o ld 4s 1931________ M & N 99% ____ b 5 % 4 . /o % 97% Eo (y ).F & A C le y S h o rt L 4 % s ’ 6 1 .A & O 4s __ E o tt rr 434s’ 25-’32(y r r).M & N 1 5 b 5.10 4.90% P hD e bpen tureagilw a 193 2.. _ A A O 94% 94% 99% ilip in e R y— K A & G r R 1st 5s ’ 3 8 ..J & J 7s 1925-30 15 ____ 105 — 42 S t P & D D iv g 4s 1996. . J & D 1st p 4s 1937 s f o p t g u . J & J 42% K a l & W P lg ’n g 5s ’4 0 .J & J ____ 84% 85 10 1% 86 W a sh C e n t 4s M a r 1948.Q-M P ie d m o n t & N o r 1st 5s 1954 J & J M ahon C R R 1st 5s '3 4 . . J & J 88 100% S t P au l * D u l 1st 5s ’ 31 . F & A P in e C re e k — See N Y C e n t & H u d R iv e r M a rch D ls p T ra n s p C o — 85% 87 E q t r 4 % s 1925-1926 _ J & J b 5.25 4.60% 1st consol g 4s 1 9 6 8 .J& D P itts b Bessemer & L a k e E r ie — 81 ____ 100 D u l U n io n D e p 5s ’ 3 0 .A & O P S & L E l s t g 5s 1940.. A & O 101% M ic h ig a n C e n tra l— ____ N o P ac T e r C o — 1st 6s ’ 33. J & J ____ 109% 95 5s cou '31 D & B C d i r M&S 100% C o ns ls t g 5 s J u l y 1*43 J & J 101 97% N o rth R v of C a l— See Sou P ac 92% 97 X P B & L E con g 5s 1947. J & J D e b g 4s 1929_______ A & O 92 94 E q u ip 5s 1925-*30 ( y r ) A & O 6 4.90 4.70% N o r th Penna e x t’d 4s '3 6 ..M & N P itts C h a r & Y o u g h io g h e n y— 75 E q u ip 6 s ’ 25 *32 ( y T ) . . M & S 6 5.15 4.90% 77 80 G e n m tge g td 4s 1 9 3 2 ..A & O G e n g 3 3-10s 1953______ J & J ____ 31 32% P itts C in C h ic & S t L — See Pen n R R 1st 5s K a l & S H 1939 M & N N o rth w T e r m g 5s 1926 g u . J & J ____ N o rw ic h & W o r — 4s 1927. M&S ____ P itts & L a k e E r ie — S e e N Y C e n t & H u d R iv e r 96 1st m tge M A i r L 4s ’40 J & J 90X ____ ____ O g d ’b u & L C h a m — See R u tla n d P itts M c K & Y o u g h — See N Y C 1st g4s J o l& N In d ’57 J & J 10 77% — l s t g 3 A s J L & Sa g’ 51 M & S O fiio C o n n e c tin g — See P e n n s ylv aula K R P itts S h a w & N — 1st g 5s*49 F & A / 4 8 81 G o ld 4s Fe b 1 1952_____ F & A / -------1st r 3 H s 1952.. . . . M A N 79 X 5 O h io I & W — See C C C & S t L ____ O h io R iv e r — See B a lt & O h io 60 B a v C & B C ls t M g 3s’ 89 J & D 6% receivers* ctfs 1927._ M & A / 40 65 99 60% ____ O ld C o lo n y 4s D e c 1925_ J & D ____ P itts b u rg h & S ha w m u t— B a t C & S l s t g u g 3 s ’8 9 J& D _ 89 ____ 91% D e t R T u n 4 % s ’ 6 1 g u .M & N 91% 1st s f g 5s 1959 o p t . _ . . J & D / 50 70 4s Ja n 1938 . --------------------J & J 89% ' -------- P itts Shen & L E — Se eP B ess& LE 80 ____ G ra n d R1t V a l 4s ’ 5 9 .M & S 334s J u l y 1 1932______ J & J ____ ____ 104% ____ P itts b T e rm R R & C o a l— T o l C a n Sou & D 4s ’ 56 J & J 1st M 5348 1944 ______ F & A 84 85 95 1st g g u a r s f 5s 1942 _ . J & J M oh & M a i 4s 1991____M & S O regon & C a lifo rn ia — See SoPac 1 ____ — 91 C o n sol g 3 % s 2002____M&S O re g o n -W a sh in g to n R R & N a v W e stS id e B e lt 1st g 5s*37M&S 82 82 86 1 1st & ref g gu 4 s '61 o p t . . J & J 81% N J June 1st 4s gu ’ 86— F & A P itts V a & C h a s— See P en n R R 88% 88% P itts & W e ste rn— See B & O N Y & H a r 1st g 3 % s 2000 M & N 83)4 I O re R R & N a v cons 4s’4 6 J& D 78 X ____ lO regon S h o rt L in e — See U n Pac 100 N Y & N o r 1st g 5s ’2 7 . .A & 0 P itts b Y o u n g s & A s h — See Penn R R | 83 iPactfic C o a st C o — See M isc Bds P o rtla n d & O gdensbu rg— N Y & P u t 1st 4s g 1993.A & O 82X 93% 94% ____ IPaducah & 11 1st 4)48 '5 5 ..J & J 92 95 1st M 4 % s 1928g u a r .. .M & N P ine C re ek gu 6s 1 9 3 2 ..J& D 1 105 X 25 ____ ____ 'Pan A m e rica n 1st 5s ’ 34 o p . J & J / 10 96 P o r t& R F a lls — 1st g 4s*26. M & N P itts & L E r ie 6s 1928___J & J 98 92 101 95 D e b en ture 4s A u g 1 9 2 7 .F & A 5s Ja n 1 1928________ A & O 101M IP a ris-L v o n s-M e d ite rra n e a n R R 79% 80 76 E o t r 6 % s 1925-35( y r ) A & O 6 5.15 4.95% 1 E x t s f 6s 1958_______ F & A 1 J 80 P o r tl (M e ) T e rm gu 4s *61 . J & J ____ I S f e x t’l 7s in t rets ’58.M & S15 87 95 104 X 87% G u a r 5s 1961____________ J & J P itts M c K & Y 6s ’ 3 2 .J & J 97 ____ P aris-O rlea n s e x t’l 7s 1954 M & S 86 8 /% P o rt R ea d in g — 1st g u 5s*41. J& J 97 2d 6s guar 1934_____ J & J 102X 99 93 ___ P a u lis ta R v ls t7 s ’42 S e rA M & S lf 99% P o rts G t F & C o n — SeeBos&M e 8 t L a w r & A d lro n 5s ’ 9 6 .J & J 102 101 100 P oto m ac V a l— 1st gu 5s g ’41J&J 2d gold 6s 1996______ A & C P e n n s ylva n ia R R — 82% 82 W est S hore 1st 4s 2361— J& J 91% C o n M 4s g o ld 1943------M&K P rin ce to n & N o r th w — See C h ic & N W 92 92% 91% 9134 N Y C & S t L 1st g 4s ’3 7 .A & O P r o v Sec C o — See N Y N H & B do 4s g o ld 1948___M&1S 102% 103 I '2d & im p 6s A B & C ’31. M&1S do 4s g o ld 1948 sterling P rovid e n ce T e rm — S e e N Y N H * H 91% 93 82 stam ped d o lla r bonds P ro v & W o re — 1st 4s 1947 A & O D e b 4s M a y 1 1931____M & b 9434 9434 99% 100 94% i 94 X R e f 5 % s ’74 S e rA te m p . A & O do 4 % s g 1960_____ F & / R a le ig h & A u g u s ta — See Seaboa rd A ir L in e 93% 93% R a l & Ca pe F e a r— See N o r f Sou N Y C o n n e c tin g R R — 1 G e n g 434s 1965 _______ J & E 102 102% R a l & C harles— See Seab A L 91% l i t M 4 % s 1953________ F & J G e n g 5s D e c 1 1968____J& C 91X 108% 108% R ale igh & G a s— See Seab A i r L N Y & G r ’w o od Lake — See Erie 10-year g old 7s A p r 1*30. A & O 110% 110% R a l & S o uthp— See N o r f South N Y & H a r — See N Y C & H u d R ir 1 5-yr 634s F e b 1 1936.. F & A 98% R ale igh & S W — See Ches& O hlo N y & Je rs e y— See H u d & M a c 40-vr 5s 1964......................M & F i 98% 77 N Y L a c k & W e st— See D L & W 93 R a rita n R iv e r — 1st g 5s ’39. J& J C o n M 3 348 g £ 1945____J & , I f 72 95 b 5.2 N Y L E & W C R R — See Erie E q t r 6s Ja n 15 *25-’35. J & J 1C 5 % R ea ding C o m p a n y— E q t r 5s M a r 1925-1938.M &S b 4.9C 4.75% 93% N Y & L B r — See C e n t of N . G e n g old 4s Ja ri 1 1 9 9 7 ..J& J 93% 90 N Y N e w H a v e n & H a r tfo rd — G e n equip 5s 1925-39 (y r )A & C b 4.9C 4.75% Interchangeab le ctfs d e p _ _ 94 88% 88 D e b 68 Ja n 15 ’ 48 c o n y.J& J1 1 E q t r 4 34s 1925-1939 (y r )A & C b 4.8C 4.70% E q 4 % s J u ly ’ 25-Jan *27.J& J b 4.75 4 .40% 56% 91 56 A leg V a l gen 4s 1942____M & S D e b 4s M a y 1 1957____M&1> E q 5s (J & J ) *25-*32 Ser J . J & J b 4.8 ( 4.65% 91% 63 62% 55 60 B a lt C h e s & A tls t g 5s*34 M & S 90% D e b 4s J u ly 1 ’5 5 n on -co nv J & . J e r C e n t g 4s ’ 51 op ’06. A& C 91% 62% 98 100 D e b 4s 1956 n o n -c o n y ..M & > B elvld ere D e l gu 4s 1927 F & A 93% G e n & ref 4 % s 1997 Ser A J& J 93% 61X 82% 64 X 82% D e b 4s 1947 n o n -c o n y ..M & S 1st g gu 334s 1943--------J& . A tla n tic C i t y gu 4s 1951. J& J 88% 101% D e b 3 % s M a r 1947____M&S C in L e b & N o r 4s 1942.M & f 8734 57 34 1st M g old 5 % s 1929. M &b 96% 56% 56% — C le v & M a rie tta , 434s’33 M&* 79 D e b 3 % s 1954 n o n -c o n y A & C W & N A t r ctfs 4s red 105.Q-M 80 55% 5234 C le ve la n d & P itts b u rg h — 101 D eb 3 % s 1956 c o n v ____J& . P h ila & R — 2d 5s g 1933. A& C 97 ^ 9954 99% 90% F ra n c deben 7s (e x t) 1925A&C S e rA 4 34s gen g td 1942.J & J Im p M e xt g 4s 1947._A& C 92% 97% 99 8erB4 % s gen g td 1942 A & C 91 D o lla r deben 7s(ext) '25 A & C C o ns e xt g old 4s 1937 M&S 9854 69% 83 | ____ 6734 104 B os & N Y A L 1st 4s g ’ 55 F & / T e rm 5s g gu M a y 1 ’ 41 Q -F 105 I n t red to 3 3 4 % - - ____ 64 X 80% 87 65% i 8er C 3 34s gen gts '48M & N C e n t N e w E n g 4s 1961 .J & J D e l R T e r p m g 5s ’42M<feN 100% 77 83 ' D utchess C o 4 % s '40 J & f l Ser D 3 ^ 8 firen ertd *50.F<feA 80% 86K E x p m on g 5s 1942.J & , 100% — b Basis. / This price includes accrued nterest. k Last sale. In London, n Nominal, s Sale price, t Tax-exem pt. 34 RAILROAD BONDS AND STOCKS [Vol. 120. NOTICE.— All bond prices are “ and Interest” except where marked “ f” and Income and defaulted bonds Bonds. B id . A sk. B onds. B id . A sk. B o n d s a n d S to c k s . B id . R e a d in g C o m p a n y ( C o n clu d e d ,) So C a ro & G a — See S outh R y T o le d o P eo ria & W e ste rn— ____ S o u th B o u n d — See Seaboard A L W llm & N o 1st 5s ’ 2 7 .J & D 99 1st g 4s J u l y 1 1917______J & J / 25 27 G e n g 5s A u g 1 1932.Q -F 98 Sou In d ia n a — See C h T e rre H a u te & S E C e rtifica tes of deposit_____ P h ila & R ea d C o a l & Iro n — Southern 1 1 & M o B rid g e C o — 1 T o le d o S t L o u is & W e ste rn— 73 100 C o l s f g 4 s e xt’32gu F & A 92 1st M g 4s 1951________ M & N 7734 P r lie n g 334s J u ly 1 1925. J & J Southern P a c ific C o — Rens & S aratoga— See D e l & H 1st g o ld 4s A p r 1 1 9 5 0 -.. A & O 8234 84% 8 4 % T o l T e rm ls t 434s’ 5 7 g u _ _ M & N 87% R lc h m & D a n v — See S outhern R y C o ll t r 4s (C P ) A u g 1 ’49 J & D 96% 97 R ic h Fre d erick s!) & Potom ac— C o n v g 4 s J ’n e l ’ 2 9 op’ 1 4 M & S T o l W a lh V a l & O — SeePennRR 99% 85 101 C o n s m tge 4 34s 1940____A & O C o n v g 5s 1934_________ J & D T o ro n to H a m ilto n & B u ffa lo — 5 % 4.80% 85% E q u ip 6s Ja n 15’28-’ 35_ J& J1 5 b 5.40 5.20% E q u ip 7s 1925-1935____J & D b l s t g 4s Ju n e 1 194 6.. . . J & D 90 R ic h & M e cklen b u rg — SeeSo R y E q 5s 1925-1939 ( y r ) . . M & N b 4.90 4.70% U ls te r & D e l con 5s 1928.. J & D 55 R ic h < Peters— See A t l C o a st L fc E q t r 5s 1928-38 (yT )_ _ _ J& D 1st re f g 4s 1952_______ A & O R ic h m o n d T e r m - 1st 5s 1952J & J P acific F r u it E xp ress equip 7s U n io n P a c ific — 10034 101 R ic h m o n d -W a sh in g to n C o — Ju n e 1 1925-1935 ( y ’ly ) J & D b 5.10 4.85% 1st R y & 1 g r 4s g 1 9 4 7 ..J & J 9134 88 90 C o l t r g gu 4s 1943 o p t . . J & D A u s t & N o r 1st 5s g ’4 1 . . J & J C o n v 4s 1927____________ J & J 9934 9834 85 R io G r Ju n e — See D e n v & R io G ra n d e C e n tra l P a c ific — 1st & re f 4s Ju n e 2008_ M & S _ 87% 104 R io G ra n d e So— See D e n & R io G ra nde 1st re fd g 4s g g ’d '49 F & A 1st & ref 5s Ju n e 2 2008.M & S 8934 86% 87 R io G ra n d e W est— See D e n v & R io G r ande 1st g gu 4s O c t 1 1954.A & O 10-year 6s J u l y 1 9 2 8 ... J & J 10434 95% 9934 10134 R o c k Is l-F ris c o T e rm — 5s’ 27J<feJ M 3348 g g ’d A u g 1 ’ 29 J & D E q t r 434s ’ 28-’38 ( y r ) .M & N b 4.75 m 72% R o c k I s l A r k & L a — See C R I & Pac w E u ro p e a n lo a n 4 s’46 M&S E q 4 % 3 M a r l5 ’29-39.M&S 15 b 4.80 7334 R o c k Is l & P eoria— See C R I & P G a lve sto n H a rris b & San A n — E q t r 5s 1927-’ 3 7 (y r)_ M&S b 4 . 7 5 _ ____ 100% 5% R u tla n d — Con434s 1941_ J & J _ M e x & P D iv 1st 5s ’31 M & N E q u ip t r 7s 1925-35 ( y r ) . J & D b 8634 10034 97 100% 93 2d M 5s 1931 g u ............ J & J B en n & R u t 434s g ’ 2 7 .M & N O re R R & N a v — See O re -W a s h R R & 72 104 O g d & L C h 1st g gu 4s ’4 8 .J & J 71 % O re Sh L 1st 5s 1946____J & J G ila V a l G lo b e & N o rth e rn — ____ 74 99% 10434 1st cons gu a r 5s 194 6 ..J & J R u t l C a n 1st g gu 4s ’49. J & J 1st g 5s N o v 1 1924. .M & N 71 % 5% 97 E q t r 4 % a 1925-27 ( y r ) M & N b 5.50 H ou ston E a st & W e st Te xa s— R e f g gu 4s ’ 29 op ’ 0 7 .J & D 100 U ta h & N o rth e rn — S t C la ir M a d & S t L o u is B e lt— 1st 5s g M a y 1 1933. M & N 10034 ____ 74 68 93% 10034 A lt o n B rid g e 1st g 4s ’ 51 . J & J 1st g u a r g 5s M a r ’3 3 .M & N 1st 7s’08ext a t4 % to ’ 3 3 .J& J ____ S t C la ir T e rm 1st 5s 1932.. F & A C o n so l g old 5s 1 9 2 6 ...J & J H ouston & T e xa s C e n tra l— 9834 100 3s 100 60 40 1st 1g 5s 1937_________ J & J S t John s & L C h a m — 5s ’44 M&S 10034 U n io n T e rm in a l C o (D a lla s )— 102 ____ 76% S t J & G r I s l— 1st g 4s 1947. J & J 1st g 5s 1942 op 1 9 2 2 ...A & O W a c o & N W D iv 6 s g ’30M &N 7534 9834 100 103 U n ite d N J R R &~ C a n a l C o — S t L a w r & A d ir — See N Y C e n t N o rth C a l R y g 5s 1929. J & D 10234 ____ G eneral g old 4s 1929____M & S S t L o u is A1 & T H — See 111 C e n t N o R y of C a l 5s g gu 1938 A & O 9634 10134 10134 O regon & C a l 1st 5s 1927.J & J G ene ral g old 4s 1944. . M&S S t L o u is B r — See T e rm R R Assn 9234 82% 83 80 G e n 1st g 334s M a r 1 ’ 51. M&S S t L & C a iro — See M o b ile & O 8 A & A r Pa3Sg g u 4s ’43. J & J 85 S t L Ir o n M t& S o u — See M o P a c San F ra n T e rm 1st 4s ’ 50 A & O 8534 U p p e r Coos— See M a in e C e n tra l ____ 112 ] U ta h & N o rth e rn — See U n io n P acific S t L M e r B r C o — See T e rm R R So P a c ific B r 6s 1937.. A & O S t L P eoria & N W — See C h ic & N W U tic a C lin t & B in g — See D e l & H udson S outhern P a c ific R R C a l— 103 V a n d a lia R R — S t L R o c k y M t & P 5s 1955— See M isc C OS.p.44 1st c o n g 5s gu 1937. . M & N C o n g 4s 1955 Series A . . F & A S t L S o u th — See Illin o is C e n tra l 1st ref g 4s 1955 op ’ 10. J & J 8834 8934 8634 ____ So P ac Coast 1st g 4s ’37 J & J Series B 1957_______ M & N 9334 S t L o u ls -S a n F r (reorganized) 8634 72% 99 V e ra C ru z & P a c ific R R — P r io r lle n 4 s 1950Ser A . . J & J 7234 Te xa s & N O con 5s 1943 J & J 9534 87% 87 92 1st g 4 % a 1934 o p t ______ J & J / . . . . P r io r lie n 5s 1950 Ser B . . J & J D a lla s D iv 1st g 4s ’30 F & A 9334 102% 10234 S outhern R a ilw a y — P r io r lie n 6s 1928 Ser C . . J & J J u l y 1914 coupon o n ______ / 18 9534 94 34 P r io r lie n 5 34s ’42 Ser D . J & J 1st consol g o ld 5s 1994 _ J & J 1st g 4 34s 1934 assenting____ / . . . . 100J4 10034 88% 7634 V e rd ig V a l In d & W — See M o P 76 _ D e ve lop & gen M g 4s '56 A & O C u m a d j 6s J u ly 1955_ A & O f 88 34 79% 72 In com e m tge 6s J u ly 1960 O ct / 7 9 % D e v & gen 6s 1956_____A & O 10434 10434 V e rm o n t V a l 1st 434s ’40. A & O E q t r 6s Ja n 15 ’25-v3 4 .J & J lA b 5.45 5.15% D e v & gen 634s 1956____A & O 10834 10834 V ic k s b u rg Shreve & P a c ific — ____ 100 P r lie n 6 s’ 15 ext 5 % ’4 0 .M & N E q t r 6s Ja n 15 ’ 25 ’ 35 J&.T15 b 5.40 5.10% G e n m tge g old 6s 1931 . J & J 10534 100% 96 101J4 G e n 5a M a y 1 1941____M & N G e n m tge g o ld 5s 1 9 3 1 ..J& J E q t r 5s 1925-39 (s-a)__M & S b 5 % ____ 101 90 34 R e f & im p 6 s’ 73 Ser A . . M & N C o n m tge 4s J u ly 1996___J & J Eq4*4s N o v 15’ 2 5 -2 6 M & N l5 b 4.95 4 . 7 5 % ____ 4 % V irg in ia M id la n d — See Sou R y . 98 Sou W e st D l v g 5s 1947.A & O E q tr4 3 4 s A p r’25-’3 9 (s -a )A & 0 b 4.80 S t L o u is Southw estern— E T e n n re o rg lie n 5s 1938 M&S 9 9 3 4 V a & Southw est— See Southern R y 9934 81 ____ V irg in ia n R a ilw a y — 80% 1st g 4s 1989 c e r t l f s ___M & N 1st M e m d lv g 5s 1996 . . J & J 9934 7434 1st M g 5 s 1962o p t _____ M & N 9534 2d g In c 4s N o v ’89 c e r t - . J & J / 7234 S t Lou ts D iv 1st g 4s 1951 J & J 8534 8634 87% ____ 87 70 1st consol g 4s 1932____J & D A ik e n B r 1st g 4s 1998. . J & J E q 6 s A A p r’2 5 A p r’30(s-a) A & O b 5.16 84% 83 % 1st te rm & u n lf 5s 1 9 5 2 ..J & J W abash— 1st g old 5s 1939. M & N A tla n ta & C h a rlo tte A ir L in e 10034 5% 9534 2d g old 5s 1939_________ F & A 9634 E q t r 534s 1925-1939(s-a)M&S b 5.25 1st M 4 % a 1944 ser A . J & J 9434 88% 86% 102 1st M 5s 1944 ser B . J & J Deb m tge 6s Ser B 1 9 3 9 ..J & J / -------C e n t A r k & E a 1st 5s’40opJ& J 10234 — 77 88 1st lie n te rm g 4s 1954___J & J G ra y s P t T e rm g 5s ’47. . J & D A t l & D a n v ille 1st 4s ’48 J & J 7634 7434 88 85 68 S hrev B d g & T e r 5s ’ 55 gu F & A 2 d g 4s 1948___________J & j 6334 E q t r 6s 1925-35 (y e a r).J& J1 5 b 5.5U 77 100 86% 8734 D e t & C h ic e xt 1st g 5s’41J& J Stephen v N & S T e x S s ’ 40op J & J A t l & Y a d 1st gu g 4s '4 9 . A & O 7534 ____ 99% Des M d lv 1st g 4s 1939. . J & J S t P a u l B rid g e & T e rm in a l R y — E T V a & G a — D iv g 5 s ’ 30 J & J 8234 102% 10034 101 83 101 1st M 6s 1929___________J & J C o n sol 1st g 5s 1956. .M & N T o le d o & C h ic 4s g 1941. M&S 75 S t P au l & D u lu th — See N o r Pac G a M id 1st g 3s 1946____A & O O m aha D l v lst3 3 4 sR ’ 41 A & O 6434 6534 ____ W a co & N W — See H o u s to n & Te xa s S t P a u l E a s t G r T r u n k — SeeChic & N W K n o x v & O l s t g 6s 1925.. J & J 10034 W a rren R R — See D L & W S t P a u l & K C S h o rt L — See C h R I & Pac L & N So jo in t g 4s— See L & N 85 W ash & C o lu m R lv 4s 1935.J&J S t P a u l M in n & M a n ito b a — M o b & B lrm p r lie n 5s ’45 J & J 9634 94% 94 34 S m a l l _____ __________ W ash in gton C e n t— See N o r Pac 1st cons g 4s 1933_______ J & J 9034 109% 108% 76 1st consol g 6s 1933.. . . J & J G e n M g 4s 1945_____ J & J 7 7 3 4 W ash C o R y — See M a in e C e n t 08% 77 08% S m a ll.__________________ 1st cons red to 434s g ’3 3 .J & J W ash T e rm C o — 334s 1945. F & A 8134 7034 9 'i% 02% 89 83 M o b ile & O col t r 4s ’ 38 M & S 1st g o ld 4s 1945 g u a r .. . F & A M o n ta n a e xt 1st 4s *37._ J & D 8334 ____ W e a th e rfo rd M in W e lls & N — Se e T e x & 98 Pacific E x t 1st 4s £ 1940.J & J I f 88 R ic h & D a n d e b 5sstpd’ 27 A & O 9934 W est Je rse y & Sea Shore— Eastern R y of M in ne so ta — R ic h m o n d & M e cklen b u rg — ____ C o n sol g o ld 4s 193 6 .. . . J & J N o r d lv 1st g 4s 1948. A & O 8734 1st g 4s N o v 1 1948.- M & N 7534 9234 7434 ____ 102 110% 89 101 M o n t C e n 1st gd 6s ’ 3 7 ..J & J C o n s 3 34s g Ser B 1936 . J & J So C a ro & G a 1st 5 )4s’ 29M &N ____ ____ W est M a ry la n d 4s 1 9 5 2 ...A & 0 101% 1st g u a r g old 5s 1937_ J & J _ V a M id Series E 5s ’ 2 6 . . M&S 10034 6534 ____ ____ ____ 101% W ll & S F 1st 5s g 1938.. J & D 5 % g o ld notes 1915 o d . . . J & J Series F 5s 1 9 3 1 _____ M&S 9934 90 100 10034 B a lt & H a rris g 5s 19 3 6 .M & N S t P & N Pac— See N o Pac G e n ’l 5s 1936________ M & N ____ 96 V a & S o u th w 5s 2003 ___J & J 1st M W e st E x t g 5s’38M &N 8 t P a u l U n io n D e p o t— 9734 101 88 1st & ref 5s 1972_____ J & J 10 13 4 1st con g 5s 1958_____A & O 8954 W est N Y & P en n 5s 1 9 3 7 ..J & J 10034 S a lt L a k e C i t y U n D e p & R R — S & N A la — See L o u is & N a sh v G e n m tge g o ld 4s 1 9 4 3 ..A & O 8034 90 93J4 S o uth P ac C o a st— See Southern P acific 1st M 5s 1938________ M & N Incom e g 5s A p r 1943. _N o v 1 / 45 W estern P a c ific R R C o rn — San A n t & A ra n Pass— SeeSoPac S p a rta n U & C o l— See A s h v & Soar ____ 20 San F r & S Jo V a l— See A T & S F e Spokane Fa lls & N o r 6s '3 9 .J & J 1st M 5s 1946 Series A .. M & S 9134 101 1st M 6s 1946 Series B ..M & 8 S pok In te rn e t 1st g 5s 1955J&J S in F ra n T e rm — See Sou P a cific 8734 8534 ____ ____ 90 4 % notes 1930 . . . . . A & O Santa F e Pres & P h — See A tc b T o p & S Fe S tate L & S u lliv 4 % a 1929 J & J ____ S » u lt Ste M a rie B rid g e — Staten Is ld R y — See B a lt & O hio E q t r 534s 1925-38 ( y r ) . J & D ____ S tephenv N & S T e x — See St L S W 80 97 la t M s f g 5s J u ly 1 1937. J & J W estern P a — 1st g 4s 1»Z8 J & D S a v F la & W — See A t l C o a st L in e S uff & C a ro lin a — See N o r f & So W est R y o f A la — 4 34s 1918 e xt 67 % 73 a t 6 % to O c t 1 1928____A & O S av& S tates— 1st g gu 5s ’53 J & J S u n b u ry H a zle to n & W - B — ____ W e st Shore— See N Y C & H R R (Jo S ihe ne cta dy & D uanesburg— 1st 5s M a y 1 1928_____M & N ____ ____ W est Side B e lt— See P itts T e rm 100 1st g u a r 6a 1924_______ M & S 2d m tge Inc 6s ’ 38 c o u p . M & N W est V a & P ltts b — See B & O S c h u y lk ill R iv e r E S— See B & O S u n b u ry & L e w — See Penn R R Scioto V a l & N E — See N o r & W S up erior S h o rt L in e — See C h St P M & O m aha W h e e lin g & L a k e E r ie R R — ____ T a m p a & Ja c k so n v ille — 78% Seab A i r L — 1st g 4s 1950.. A & O 1st consol gold 4s 1949. .M & S 7334 79 15 78% 7 1st M 5s 1949 c tf d e p ..A & O R e f M 434s Ser A 1966.. M & S S tam ped . ___ 6934 85 7 8 % T a m p a N o rth 1st 5s ’36 o p .J & J 78% 75 E q t r 5s 1925-27 (ye a r! . A & O 0 5.26 A d ju s t M 5s O c t 1 1949.F & A 6 5 % T e rm R R Assn (St L o u is )— 64 % 10 034 L E rie D iv 1st g 5s 1926. A & O R e f g 4s 1959 o p t . . ___A & O 90% 96 9034 1st g o ld 434s 1939______ A & O W he e ling D iv 1st g 5s ’ 2 8 .J& J 1st & con 6s 1945 Ser A .M & S 9934 9534 ____ 100 1st consol gold 5s 1944 . F & A E q u ip tru s t 6s 1925-27. J & D b 5.50 5.10 % E x t e n & im p t g 5s 1 9 3 0 ..F & A 9734 ____ G e n re f s f g 4s '53 op ’ 10. J & J 6 % notes Ja n 1933______ __ _ E q t r 6s (s. a .) 1925-’3 7 .F & A b 5.60 5.30% 9834 8334 88 107 S t L B r 1st g 7s 1929____A & O 10734 W heeling T e rm 4s 1940____F & A A tla n ta -B irm ln g h a m D lv ls — 85% 85 % S t L M e r B dge T — 5s’30 A & O 1st g 48 M a y 1 1 9 3 3 ..M & S 9934 1 10034 W ic h ita F a lls & N o rth w e ste rn — ____ ____ 102 81 1st 5s Ja n 1939_________ J & J / 115 M e r B dge 6s ’ 29 op ’ 09 F & A C a r C e n t 1st g gu 4 s ’49. J & J ____ 1st & ref g 5s 1940 o p ____J & J / 90 T e rre H a u te & In d 5s 1925.J & J F lo rid a C e n t & Peninsula— ____ T e rre H a u te & Peo 5s ’4 2 . . M & S 100 99 98 W ic h ita U n io n T e rm in a l R y — 1st 1 g e x t 5s g old 1930. J & J 83 92 100 08% 76 1st g gu 4J4s 1941 o p t .. M & N Te xa s C i t y T e rm 6s '41 J& J2 6 1st con 5s g old 1943_ J & J _ 04% 96 W ilk e s -B & E a s t— See N Y S & W Te xa s & N e w O r l— See So Pac S o B o u n d l8 t g 5 s ’41 _ A & 0 ____ Te xa s & O k la — See M K & T 94 W illia m s p o rt & N B ra n ch R R — G e orgia & A la 5s O c t ’45. J & J ____ T e xa s & Pac 1st 5s 200 0.. J & D 94 101 100 1st ref g old 4 34s 1931 . J & J / 70 G a & A la T e r m l s t g 5s’48 J & D 95 99% 00% 2d In c g 5s D e c 2000____M a r / 88 W ilm a r& S F a lls — See S tP M & M G a C a r & N — 1st 5s g '29 J & J 100 L o u D lv 1st 5s 1 9 3 1 ____J & J 101*4 9934 W ll & N o r— See P h ila & R e a d ’g R a l’h & A u g ’sta— 1st 6s’ 26 J & J 9834 ____ 50 5 % W il & W e lso n— See A t l Coast L E q t r 5s 1925-’39______ M & N b 5.20 R a l & Charles 4s 1956.- F & A ____ 50 95 90 Denison & Pac Sub 1930 M&S W in ston -S a le m Southb ound— C o n s 4s 1956.. . . . F & A ____ 97 W e a th e rfo rd M in W & N o rth 1st gold gua r 4s 1960. . J & J R a l’h & G a st’n— 1st 5sg’4 7 J& J 81J4 100 34 10034 1st gu a r f 5s 1930 . . F & A W in sto n -S a le m T e rm in a l C o .— Seab& R oanoke— 1st 5s’ 26J & J 9534 9534 ____ T e x P a c -M o Pac T e rm R R — 95 I 1st M g 5s 1966_______ A & O Seacoast R R of N J 5s ’48. A & O 90 80 1st M g 5 }4s 1964______ M & S 9834 W iso C e n R y — 1st M g 4s’4 9 J& J 9834 ____ ____ T o le d o C a n Sou & D e t— See M lc h C ent 75 1st & ref 4s 1959_______ A & O 8ebast & M ooseh 1st 5s ’ 28 M & S T o l & O h io C e n t 1st 5s 1935 J & J S ha m okln S u n b ’y & L e w lsb ’g — 534 % g notes A p r 15’27A&015 10134 10034 10 0 3 4 ____ ' ____ W est D lv 1st 5s g 1935. A & O M a rsh fie ld & South E a st D iv 2d 68 g J u l y 1 1925____J J & J 9934 100 70 Sherm an S h re v < Sou— See M o 'K a n < Te xa s fc fc G e n g old 5s 1935 . . ..J & D p u rm o n l s t g 4 s 1951 M & N 9834 9734 St M a r y ’s D iv 4s g 1951. F & A 83 Sup & D u l D iv 4s 1936. . M & N S hreve B rd g & T e r — See S t L o u i s S outh western 8534 8634 b 5.10 4.75% 60 E q t r 4J4s 1926-27 (y e a r) .J & J M ln ne a p T e rm 334a’50op J & J S ie rra R y o f C a l— __ 84 76 1st s f 6s g A p r 12 ’37. A & 0 1 2 K a n a & M ic h 1st 4s "1990 A & O W or N a sh * R och — 4sJ an’30. J & J 8034 72 2d m tge gold 5s 1927.. J & J 43 O c t 1 1 9 3 4 .................. A & O S io u x C & Pac— See C h ic & N W 98341 100 ___ 69 74 Somerset R y 1st & ref 4s’ 55 J & J E q t r 6s 1925-35 (y r ).J & J 1 5 b 5.40 5.15% Yo se m lte V a l s f g 5s 1936. . J & J 70 75 K an a w ha & W V a 5s '5 5 .J & J 91 89 1st M 4s J u ly 2 1 9 5 0 ..J& J 2 b Basis. / This price includes accrued Interest, k Last sale. I In London, m Dollars per 500 francs or £20. n Nom inal, A sk. 3234 32 ____ 83 89 8634 94 58 92 9934 8534 104% 104% 4 .5 0 % 4 .50% 4.50% 4.80% Nav 105 105 9734 ____ 10134 100 9734 27 102 9534 4.90% 101 7734 5.25% 10034 8334 8434 7534 C e ntra l 90 8234 Pac 9334 6534 8134 9134 101)4 07~% 74 6934 5% 9934 100 91 8334 8 0 34 76 10134 s Sale price. 8634 68 j<eb., 1925.] BAILROAD STOCKS—LAND BANK BONDS AND STOCKS 35 NOTICB.— All bond prices are “ and Interest” except where marked “ I” and Income and defaulted bonds. Stocks. P a r. B id . R A I L R O A D S T O C K S . Par A la G re a t S outhern c o m ____50 d 62 P re fe rre d __________________ SO d 64 20 0 A lab a m a A V ic k s b u rg ______ 100 199 A lb a n y A Susquehanna (gu.)100 103 A lle g h e n y & W est (g u a r)_ 100 _ 22% A n n A rb o r com m on_________ 100 41 P re fe rre d _________________ 100 117% A tc h T o p & S anta F e ______ 100 95 P re fe rre d _________________ 100 3% A tla n ta B lrm A A t la n t ic ___100 A tla n & C h a r A i r L (g u a r) __ 100 170 150 A tla n ta A W est P o in t ______ 100 A tla n tic C o a st L C o of C o n n . SO d 159 A tla n tic C o a st L R R c o m ._ 100 150 A tla n tic 1st leased lines re n t t r . . Id 80 94 A u g u sta A Savannah (g u a r ). 100 79% B a lt A O h io — C o m m o n _____ 10 0 65 P referred_________________ 100 B an gor A ro o sto o k c o m ______ 50 d 40% 88% P re fe rre d _________________100 Beech C re ek (guar N Y C > S O d 38 ____ B oston A A lb (guar N Y C1.100 Boston A M a in e ____________ 100 15% 18 Preferred_________________ 100 25% 100 1st pref A ____________ 35 1st pref B ________________ 100 ___ 1st pref C ________________ 100 50 1st pref D ________________ 100 Bost A P ro v (guar O ld C o l ) . 100 168% B oston R e v B each A L y n n . . 100 3 B ru n sw ick T e r A R y Sec C o . 100 65 B u ffa lo R och A P it t s b u r g h .. 100 90 P refe rred _________________ 100 95 B u ff A Susq R R C o r p ______ 100 52% P re fe rre d _________________ 100 Cam den A B u r l C o (g u a r)__25 d 27 57% C a nada S o u th e rn ___________ 100 Ca na dia n P a c ific ___________ 100 150 P re fe rre d _________________ 100 Id 80 C a ro C lin c h fle ld A O h io com . 100 90 P re fe rre d _________________ 100 Cataw lssa R R — l s t p f (g u a r.) SO d 43 2d pref (guar P A R ) _____SO d 43 C a y u g a A Susq (gu D L A W ) 30 d 46 C e n tra l of N e w Je rs e y______ 100 309 96% Chesapeake A O h io _________10 0 107% 6 )4 % cum pref Ser A ____100 8% C h ica go A A lto n R R ________100 5 C e rtifica tes of d e p o s it.. 15% P re fe rre d _________________ 100 12 % C e rtifica tes of deposit 186 C hica go B u rl A Q u in c y _____ 100 32 C h ic A E a s t Illin o is c om ____100 52 P refe rred _________________ 100 10 Chicago G re a t W e st c o m ___1 0 0 26% P re fe rre d _________________ 100 65 Jh lc In d A L o u is v c o m _____ 100 60 P re fe rre d _________________ 100 13% Chicago M ilw A S t P a u l____100 22% P re fe rre d _________________ 100, 71 C hica go A N o rth W estern._100! P re fe rre d _________________ 100 114% 46 O b ic R I A P a c ific c o m _____ 100 93% 7 Jo pre fe rre d ____________ 10 0 84 6 Jo pre fe rre d____________ 10 0 53 C h ica go S t P a u l M in n A O ..1 0 0 P refe rred _________________ 100 1 0 2 % 6 C in e In d ia n a p A W e ste rn _ 100 _ 17% P re fe rre d _________________ 100 O ln c N e w O r l A T e xa s Pac._100 P refe rred _________________ 100 1 6 2 " C in e Sandusky A C lo ve p re f. SO d 5 7 150 O le v C in e C h ica go A S t L ___100 P refe rred _________________ 100 1 1 0 d 69% O le v A P itts (G u a r P a R R ) . 50 B e tte rm ’t stk (G u Pa R R ) 50 d 40 45% Colorado A S o u th e rn ________100 63 1 st p re fe rre d _____________ 10 0 57 2d p re fe rre d _____________ 10 0 Co lum b us A X e n ia (g u a r)_ 30 d 8 7 _ — C o n n A Passum pslc pf (g u)-1 0 0 C rip p le C re ek C e n tra l______ 100 pfnforrod 86” C uba R R pre fe rre d _________ 166 O a y to n A M ic h com (g u a r ). 50 d 35 P referred (guar C H A D ) . 50 d 83 158 Oelaware A B ou nd B r (gu) ..1 0 0 Delaw are A H u d s o n ________100 138 Delaw are L a c k A W e s te r n .. 50 d 140 D e la w a re ____________________ 25 d 39 45 D e n v A R io G r W e st p f w 1.100 76% D e tro it H ills A S W ( g u a r ) ..100 50 D e tro it A M a c k in a c ________100 P re fe rre d _________________100 70 „ 3% D u lu th S o uth Shore A Atl__100 6 P re fe rre d _________________100 East Penna (guar P A R ) _ 50 d 58 _ E lm ira A W ’m sport (g u a r). . 50 d 38 Preferred (guar N o r C e n t ). 50 d 50 „ 31% E rie — C o m m o n _____________100 43% 1 st preferred_____________ 10 0 41 2 d pre fe rre d _____________ 10 0 E rie A K ala m a zoo (g u a r)___50 d 78 E rie A P itts (guar P a R R ) . . 50 d 60% 11 F onda Jo h n s A G lo v c o m _ 100 _ 25 F t D o dge Des M A So c o m .. 100 75 P re fe rre d _________________ 100 104 F t W a y n e A Ja c k pref (gu).10 0 G e o rg ia R R A B a n k C o (gu).100 199 35 G e orgia S outhern A F lo r id a . 100 70 1 st p re fe rre d_____________ 10 0 65 , 2 d p re fe rre d _____________ 10 0 69% G re a t N o rth e rn R y — P r e f . .100 O re c e rtifica te s______ (no par) d 38% 65 G reen B a y A W e ste rn ______ 100 25 G u lf M o b ile A N o r th c o m ..100 96 P refe rred _________________ 100 17 H a rtfo rd A C o n n W e s t e r n .. 100 92 H o c k in g V a lle y — C o m m o n ..1 0 0 26 H udson A M a n h a tta n ______ 100 65% P refe rred _________________ 100 H u n tln g d A B ro a d T o p v t c . 50 d P referred v t c ____________ 50 d Illin o is C e n tra l_____________ 100 116 N o n -cu m u l 6 % pref Ser A100 116 Leased lines (g u a r )______ 10 0 74 S tk tr c tfs— See R R Securs C o tn t A G re a t N o rth R y ▼t c 100 ---x E x -d lv ld e n d . -rig h ts A sk. 64 66 205 201 105% 24 44 117% 95% 3% 172 155 161 151 84 95 79% 65% 40% 94 39% 162% 16 26 34 52 — *4% 68 95 10 0 53 28% 58% 150% 82 44 44 48 312 96% 108%l 8% 10 16 18% 190 34 54 10 % 26% 68 63 13% 23 71% 115% 46% 94% 85 53% 105 7 18% 105” 60 170 70% 41 46 65 62 89 82 87” 37 85 160 139 141 40 46 78% 75 3% 7 60 42 55 32 43% 41% 80 62 14 26 78 106 202 69% 38% 85 26% 98 19 95 26% 66 ____ 116% 117 76 — Stocks. h r . B id . Stooks A sk. 19 % In '.e rn a t R y s (C e n t A m ) com lOO 19)4 60 P referred_________________ 100 61 Vs Io w a C e n tra l_______________100 1)4 2)4 J o lie t A C h ic (gu a r C A A ) ..1 0 0 125 130 K *1 A lle g a n A G r R a p (g u ) ..1 0 0 105 109 K C F t S co tt A M e m phis R y — P ref C e n t T r c tf dep s tp d . 1 0 0 ) 100 K C S t L A C h ic — P re f (gu) .100 96 375* Kansas C i t y S o u th e rn ______ 100 37 % P re fe rre d _________________ 100 57 % 57% K e o k u k A Des M o in e s_____ 100 P refe rred _________________ 100 Lacka w a nn a R R of N J ____100 79 80)4 L a h lgh V a lle y ______________ 50 76)4 76)4 85 P refe rred __________________30 d 80 92 h lttle M ia m i o rig in a l g u a r. _ 30 d 90 43 Spec gua r b etterm en t s t k . 50 d 40 41 Lilt S c h u yl N a v R R A C o a l(g u ) 30 d 39)4 Long Is la n d R R _____________ 50 d l6 6 “ ' Louis A M o R lv pref (g u a r). 100 95 90 Lou lsv H q u d A S t L c o m _ 100 _ 80 P referred_________________ 100 62 108” L o u isville A N a s h v ille ______ 100 107 1000 M ahonin g C o a l R R ________ 50ds900 51 P re f (gua r L S A M S ) ____50 d 49 M a in e C e n tra l_____________ 100 32 82~‘ 77 P re fe rre d _____________ ____ 100 M ic h ig a n C e n tra l___________ 100 510 52" M in e h lll A S c h u yl H a v (g u ) . 50 d 51 2% M in ne ap olis A S t L o u is _____ 100 2% 46 50 M in ne ap olis S t P A S S M . . l 6 o 66 70 P refe rred _________________ 100 61 64 4 % Leased L in e C t fs _____ 100 23 26 M ississippi C e n tra l_________100 35 35% M o -K a n -T e x R R , c o m . (no pa r) 85% 86 P re fe rre d _________________100 37% M issou ri P a c ific c o m ________100 37% 80 80%, P re fe rre d _________________ 100 70 72 M o b ile A B lrm pref (g u a r). .100 M o b ile A O h io — See S o u th ’n R y 77 79 M o rris A Essex (q u a r)______ 50 136% 145 N a sh v C h a tt A St L o u is ____100 37% 38% N a sh v A D e ca tu r (gu L A N ) 25 5 5% N a tio n a l R y s of M e x 1st pfd.100 2% 2% Second pre fe rre d_________ 100 122 126 N ew Lon d on N o rth e rn _____ 100 7 9 N e w Orleans G re a t N o r t h . . 1 0 0 114% 115 N e w O r l Te xa s A M e x ic o ___100 120 125 N Y B k ln A M a n B pref ( g u ) . l 6 6 123% 123% N e w Y o r k C e n tra l R R _____ 100 128 130 D iv id e n d p a ya b le in L o n d o n . 127% 128% N Y C h ic A S t L (N e w C o ) .100 90% 91 6 % p re fe rre d ____________ 10 0 165 N Y A H a rle m , com A pf(gu )_5 0 162 100% 101% N Y L a c k A W est (g u a r)_ 100 _ 30% 30% N Y N e w H a v e n A H a r t f . -lO O 23 23% N Y O n ta rio A W e ste rn ____100 23% 24 N o rf o ik S o u th e rn ___________ 100 128% 129 N o rfo lk A W estern R y _____ 100 74 80 A d ju s tm e n t preferred____100 135 141 N o C a ro lin a (guar So R R ) . . 1 0 0 76 N o rth e rn C e n t (guar Pa R R ) 50 76 N o r th ’n N H (guar B A M ).1 0 0 69% 69% N o rth e rn P a c ific R y ________100 63 66 N o r th R R of N J (guar E r ie ) .100 107 111 N o rth e rn Securities C o stu b s___ 81 82 N o rth P e n n s ylv (gu P A R ) . 50 80 83 O gden M in e R R ( g u C e n N J ) . l 6 o 96% 97 O ld C o lo n y (gu N Y N H A H ) .1 0 0 1120 125 O n ta rio A Q ue b e c. _r________100 88 90 Osw ego A S yra c (gu D L A W ) 50 Pac Coast C o — See M isc Stocks 48% 48% P en n sylva n ia R a ilro a d _____ 50 115 P eoria A B urea u V a l (g u a r). 100 113 18 19 Peoria A E a s te rn ___________ 100 68% 69 Pere M a rq u e tte R y _________100 73 74% P re fe rre d _________________ 100 81 83 P r io r pre fe rre d___________ 100 125 P h lla G e rm A N o rris (g u a r). 50 123 205 215 P h ila A T re n to n (gu Pa R R ).1 0 0 53 56 P ie d m o n t A N o rth e rn ______ 100 30 P itts b u rg h Bess A L a k e E r ie . 50 d 29 60 P re fe rre d __________________30 d 58 P itts C in e C h ic A S t L o u is ..100 100 146 P itts F t W A C h ic , com (gu).100 127% 140 P referred (guar Penn R R ).1 0 0 168 P itts b u rg h A L a k e E r ie _____ 50 d 166 53 P itts b M c K A Y o u g h (g u a r). 50 d 50 69 70 P itts b A W e st V a c o m m o n .-lO O P re fe rre d _________________ 100 142% P itts Y o u n g s t A A s h t p r e f .. 100 140” 130 132 P ro v A W o rce ste r (g u a r)___100 R a ilro a d Securities C o — 71 71% 4 % 11 C e n t S tk c tf 1952.1000 J 1 78% ng Readlc C o m p a n y ___________ 50 d 78% 22% 23 R ig h t s ______________________ d 37% 1st p re fe rre d ______________ 50 d 37 41% 2d p re fe rre d ______________ 50 d 41 120 Rensselaer A Saratoga (gua r) 100 118 R ic h F re d A P o to m — C o m .. 100 205 D iv id e n d o b lig a tio n s_____ 100 205 205 6 % gua ra nteed___________ 1 0 0 7 % gua ra nteed___________ 1 0 0 205 95 100 R o c h A Genesee V a l R R ____100 94 97 R om e A C lin to n (gu D A H ).1 0 0 50 58% R u tla n d p re fe rre d__________ 100 St Joseph A G ra n d I s la n d ..100 1 st p re fe rre d_____________ 10 0 2 d p re fe rre d_____________ 1 0 0 l6 5 ” ill” St L o u is B rid g e 1st p re f____100 54% 55% 2 d p re fe rre d _____________ 1 0 0 62% 62% S tL o u is -S a n Fra ncisco Ry__100 79 79% P re f sto ck Ser A __________ 100 49% 50 St L o u is S o uthw e ste rn_____ 100 70% 70% P re fe rre d _________________ 100 94 99 Saratoga A Schenectady (gu)100 22% 22% Seaboard A i r L in e c om _____ 100 40 40% P re fe rre d _________________ 100 40 43 S ha ron___________ 50 105 Southern P a c ific C o _________100 104% 84% 84% Southern R y com m on ______ 100 85% 85% P refe rred _________________ 100 71 73% M o b A O ho stk t r ctfs d e p . 100 100 102 S outhw est’n of G a (g u a r)___100 44% 45 Texas A P a c ific ____________ 100 56 62 T r o y A G r.b u sh (gu N Y C ) . 50 110 111% T u n n e l R R of S t L o u is _____ 100 149% 150 U n io n P a cific— C o m m o n ___100 74% 74% P refe rred _________________ 100 / F price, i Last sale. 2In London, n N inal, lat om Par. 100 100 1100 100 100 100 io n 100 100 100 100 50 100 100 100 100 P re fe rre d ________________ 100 W est Je rse y A Sea Sh— C o m . 50 100 W heeling A L a k e E r ie T 100 P refe rred ___________ 100 100 B id . d d A sk. 199% 115 39 98 201 118 41 100 92 88 89 86 22% 59% 44 70 15% 66 23% 34% 92 39 1 5 %: 29 86 87 80 22% 59% 42% 68 14% 63 23 33% 91% 37% 15 27 — __ ---- J O IN T S T O C K L A N D B A N K B O N D S 102 % 1 0 0 )$ A g ric u ltu ra l— 5s ’53 op ’33 M A N A tla n ta — 5s 1952 op 1 9 3 2 .JA D 100 % 102 A tla n tic — 5s 1953 op 1933.M A S 100 % 102% 102% 5s 1954 op 1 9 3 4 ............... J A J 100% 100% B ankers— 5s ’53 op ’ 28_ J A J _ 101 % 102 % 103% 5s M a y 1952 op 1932.. _ M A N C a lifo rn ia — 5s 1951 op 1931____ 101 % 100% 102% C e n tra l 1 1 5s ’ 53 o p ’3 3 . . J A D 1— 100% 102% 100% 5s J u ly 1 1953 op 1933. . J A J C e n tra l Io w a — 5s A p r 1953____ 101 % 102% 5s M a y 1 1942 op 1927. M A N 99% 101 % 99 4 ) 4s N o v 1 ’ 52 op *32 M AN 101 104 105% C h ica go J o in t— 5 % s ’ 51 op ’ 31. 102% 5s 1951 of 1931.............. . M A N 103% 5s 1952 op 1932________ M A N 103 104 104 5s 1963 op 1933................. ........... 103 454s 1952 op 1932______ M A N 102% 101% 4 % s 1963 op 1933______ M A N 101 % 102% 99% t)4 s 1952 op 1932.................. .. 101 100 C o lo -W y o 5s ’ 53 op ’33___A O 101% D a lla s — 5s 1953 op 1 9 3 3 ..M A S 103 101 102 5s 1954 o p t 1934.......................... 103% 5 ) 4 s 1951 op 1931____________ 102% 105 D a y to n -A g r ic u ltu r a l— 5s 1954 op 1934________ J A J 100 % 102 % 100% 102 D a y to n — 1952 opt 1932___J A D D e n v e r— 5s 1954 op 1934______ 100 % 102 Des M oines— 5« 1952 op 1932.. 101% 103 102 53 1963 o p t 1933_____________ 103% 101 % 100 F lrs tC a ro lln a s — 5s’52op’ 3 2 M AN 100 5s 1954 op 1934________ A A O 101 % 99% 100 % F irs t of C h e y — 5s’5 2 o p ’ 3 2 M A N 102 103 F irs t of C h ic — 5s ’52 op ’32 M A N 102 % 101 F irs t of C le v — 5s ’ 53 op ’33 M A N 101 103 F irs t of M in n — 5s’ 5 1 op’3 lM A N 100% 5s 1952 op 1 9 2 7 .............M A N 101% 102 % 101 5s 1952 op 1932________ M A N 5s 1953 op 1933________ M A N 101 103 102 F ir s t of M o n tg o m e ry 5s ’54 op ’34 100% F irs t N e w O r 5s ’44 op ’34 M A N 101% F irs t Te xa s— 5s ’42 op ’32 M A N 99% 101% 5s 1943 op 1933________ M A N 99% 101% 99 Fle tch e r 4)4s 1954 op 1934_____ 101 101 Fre m o nt— 5s 1953 op ’3 3 .J A D 102% 53 1952 op 1932________ M A N 101 103 G re e n s b o ro (N C )5 s ’53op’33A O 99% 101 101 111.-Midwest— 5s ’53 op ’33 A A O 102% 102% 5s 1954 op 1934 ______ J A D 103% Kansas C i t y — 5s ’52 op ’32 M A N 101% 103 5s 1953 o p t 1923_______ M A N 103 10 1 % 5s 1954 o p t 1934._____ ______ 10 2 103 10 2 5s 1964 op 1934________ M A N 103% K e n tu c k y — 5s ’52 op ’ 3 2 . . M A N 10 1% 103% 10 0 % 5s 1943 op 1928.......................... 101% 10 1% 5s 1954 op ’34___________J A J 103 L ib e r ty C e n t— 5s ’ 52op’32 M A N 102% 10 1% 10 1% 5s 1953 o p t 1933_____________ 102% 10 1% L in c o ln — 5s 1951 op 1931______ 102% 10 0 % 5s 1943 op 1928_________ M A N 101% 10 0 % 5s 1942 op 1927_________M A N 101% L o u is ville — 5s 1952 op 1932___ 10 1 102% N e w Y o r k 5s 1953 o p t 1933.. 10 2% 10 1 N Y A N J 5s 1953 op ’3 3 . .J A D 102% N Y A P a — 5s ’53 op ’3 3 .. J A J 103 104% N o C a ro — 5s ’53 op ’33___M A S 100% 101% 5s 1952 op 1932________M A N 100% 101% 100% 5s 1955 op 1935_________F A A 102 100 O hio — 58 M a y 1953 op I9 t3 . . 101 O h lo -P e n n a 5s 1954 op 1934 J A J 101 102% 100% O re -W a s h — 5s 52 op ’3 2 .. M A N 102* P a c ific Coast J t S tk Land B k — P o rtla n d , O re — 5s’53op’ 3.4J A J 101% 102 5s 1954 o p t 1934_____ M A N 101 Los Angeles— 5s ’53 op ’3 3 J A J 100% San F ra n — 5s ’ 53 op ’3 3 . . J A J 101 S a lt Lak e C — 5s ’53 op ’33 J A J 100% Potom ac 5s 1954 o p t 1934.. J A D 101% St L o u is— 5s 1953 op ’3 3 . . J A D 101% 5s 1952 op 1932_________M A N 100 5s 1943 op 1928_________J A D 99% San A n to n io 5s 1939 op ’ 24 M A N 100% 53 1953 op 1933_________ M A N 100% 5s 1953 op 1933________ M A N 101 San F ra n 5s 1954 op ’ 34________ 102% S iou x C i t y — 5 % s ’51 o p ’3 l M A N South M in n — 5s ’53 op ’33 M A N 10 1% 5s 1952 op 1932_________M A N 101% 5s 1954 o p t 1934_____________ 10 1% U n io n (K e n tu c k y A Tennessee) 5s 1952 op 1932_______ M A N 100 % 102 % V lrg in la -C a ro 5s ’ 54 op ’3 4 .F A A V irg in ia n — 5s ’ 53 op ’3 3 . . M A N 100 % 102 % 100 % 5s N o v 1 1951 op 1931.M A N 102 % 101 W ic h ita — 5s 1953 op 1933 102 101 5s 1952 op 1932_______ 102 STO CK S B an kers of M ilw a u k e e 1 0 % . 100 145 155 C hica go 1 0 % _______________100 146 153 D a llas 1 0 % ......... 100 140 143 Des M oines 9 % ____________ 100 129 138% Freom on t 9 % _ _ 124 130 Kansas C i t y 1 0 % ___________ 100 144 153% L in co ln 9 % _________________ 100 128 132 N e w Y o r k __________________ 100 125 S outh M in nesota___________ 100, 131)$ 9 % ______ 138% s Salep rice. t N stock, uE ew x-stock d videnfl. 36 P U B L IC U T IL IT IE S (Includes atreet and electric railways, gas, electrio, power, water and telegraph and telephone companies.) NOTICE.— All bond prices are “ and interest” except where marked “ I” and Income and defaulted bonds. Bonds. B id . Aik. Adirondack E le c P ow er C o rp Bonds. B id . 98 103 94 100% 96% 102% 93% r 86% 97 94H 10 2% 99 103% 96 B w a y Surface R R — See N Y R 101% B ro n x G A E 5s ’ 60 op a ft’ 20. J< 97% B ro o k lyn B oro u gh G as C o— 103% 94% 86% 100 97% B ro o k ly n E d iso n C o — 95 Deb 5%s N o v 1 Amer W W A E l 5s ] Ardmore S t R y — See P h ila Co 98% A sh ta b u la 92 Associated G as & E le c C o — 99 86 82 98 y A El 97% El ap T r 98% 98 86% 37 / 69 90 81 99% 100 A E le c 96 93 .... 97 45 99% 100% — 101 96 95% 100 57 100 99% Gen ref g 4%s ’ 54 o p ’ 09. AAO Blackstone V a l G A E 5s’39.JAJ 8% gold notes 1926___ MAN Bleecker St A Ful Ferry—SeeN Y Bloom Dec A C h a m p a ig n — 86% 99% 99% R ys 97 99 Deb g 4 %a Oc Deb g 4%s N< Deb g_8s Dec 1942. 4%s July 1 1930-------- JAJ 48 Aug 1 1932............ 6% sF eb 19,27.............1 Bos A Wore S t R y 4 %S ’ 23.1 Brevard Co (M d ) Power— 1st 8 f 68 1943..................JAJ 87% 90 88 93% 95% 94% 93% 112 94 89% 100% 51 93 89 C h ic a go R a ilw a y s C o — A Bk R R 93 3% 92 65.50 to 4.50% 87 % 95 / .... / 80 / ---/ 115% f .... / 75 f / 75 % 68 M s 83% 83% 76% 76% 84 61% 91% 99% C hica go R a p id T ra n s it C o — 105 1st A ref 6 s 1953____________ A d ju s t deb 6 s J u ly 1953___ 87% C h ic Sou B en d A N o r In d R R __ 96 115% 108% C in c in n a tl G as A E le c tric — ---1st 5s 1933 gu a r op 1913.J A J 69% D o u b le g u a ra n te e ______ 83% C ln N e w p o rt A C o v L A T r — 83% 77% 62 93% 86 1003% 108% 135 / .... 10 0 % 10 0 10 0 % — 10 1% 10 1 98 B u r l’to n ( V t ) G L 8s 1955.. J A J 87 90_. B u rlin g to n (la ) R y A L ig h t— 1st s f g old 5s 1932 o p t .. M A S 92 96 B u tte E 1 A P l s t s f 5s’25-’ 51 J A D 99 C a iro R y A L 5s 1938_____ J A D 83 C a lifo rn ia E le c tric G e n e ratin g— 100 1st s f g 5s ’ 48 op a ft’ 1 2 .M A S n 98% __ C a lifo rn ia G as A E le c C o rp — S in k fu n d g 5s 1933 o p t. M A S U n lf A ref g 5s ’37 o p s f . M A N 84 9§‘ “ 1 6 6 ” C a l C e n t G as A E l 5s ’31.F A A 100 C a llfo rn la -O re g o n P ow er— 1st A re f 7 % s Ser A ’41 . F A A 109% 1st A ref 6s 1942 Ser B . . J A J 16 2 10 1% C o n v s f deb 7s 1944_ M A N _ 104% 104% 99% C a l P ac R y — See P a c ific E le c R y C a lu m e t A S o u th C hica go R y — 99 1st M rehab g 5s’ 27 opy12 F A A 77 79 Cam den A Sub R y — See P u b lic Service C o rp 88 C a n a d ia n G eneral E le c , L t d — D e b g 6s 1942 Ser A ____A A O 41 107% 107% C a na dia n L A P Ss’ 49 op’ 1 4 .JA J 60 r58 C a n a l A C la lb R R — See N O R y A L 73 ____ C a n to n -A k ro n C o n R y 5s’33 J A J 87 90 C a n to n E le c C o 8s 1937.. M A N 10 0 . Cape B re to n E le c C o 5s ’32. J A J 99 . 75 80 82 C a p ita l T ra c tio n (W a sh , D C ) — 1st g 5s Ju n e 1 1947_____ J A D 99% 98 C a rb on d ale R y 5s N o v ’3 3 .J A J 63 66 __ C a ro lin a P o w A L t 5s 1938. F A A 98% 99% 1st A re f 6s 1953________ J A D 105 104% C e d a r R a p M fg A P 5s ’5 3 .J A J 98% 98% 98% C e n tra l A r k R y A L ig h t C o rp — l s t l s f 5s 1928_________ M A S 96 99 C e n tra l C a lif T r a c 5s 1936. A A O IIII C e rtific a te s _________________ C e n t C ro sst’n R R — See N Y R y s C e n t D ls t T e le p 1st 5s ’4 3 .J A D 100 10 0 % 10 0 % 55 C e n t G a P o w — See G a L , P o w A R y s 100 C e n t H u d G A E 5s 1 9 4 1 ... J A D C o n v deb 6s 1925______ A A O 100% C o n v deb 7s 1935_______ J A J 98 96% C e n t Illin o is L t 1st 5s 1943. A A O 95% 1st 6s 1943 ......................... A A O 104 105 10 1% 111 1st 7 % s 1 9 4 3 ............. . . A A O 110 C e n tra l Illin o is P u b lic Service— 98 1st A ref g old 5s 1952____F A A 90 87 97% C e n t In d ia n a G as 5s 1 9 3 1 .M A S 97 96 _ 10 0 % D e b 6s 1 9 2 5 ...................M A N 10 0 C e n tra l In d ia n a P o w e r C o — 60 98% 1st A ref 6s 1947 Ser A . . J A J 97% 10 2 7 % notes 1927_________ M A S 10 1 101 C e n tra l Io w a P ow er A L ig h t— 1st M 6s 1944 Ser A . . . M A N 100% C o n v M 7s 1934 Ser A . . M A N 99_” C e n tM a in e P o w 5s’39op’ 1 9 M A N 98% 107% 1st A gen M 7s 1941____J A D 106 87 10 2 1st A gen 6s 1942________J A J 10 0 10 1 _ C e n tra l N Y G A E S s 1 9 4 1 .JA J 94% 96 C e n tra l P ow er C o — 10 0 1st M 6s 1944 Ser C .......... J A D 98 97 99% C e n tra l P o w A L t 6s 1946. . A A O 97 99 1st 1 A ref 6 % s 1952.. . M A S _ C e n tr a lR y — S e e U n R y A E l (B a lt) C e n tra l T ra c tio n — See P h ila C o C ha rle ston Cons R y , G as A E l — C onsol gold 5s 1999____M A S 89 __ C h ’s’t ’n C i t y R y 1st g 5s 1923 10 0 E x t a t 6 % to J a n 1938. J A J .... C ha tta n o og a R y A L ig h t— 82 80 1st A ref g 5s 1956 op ’ 16.M A N .... 82 _ _ _ 80 C h a tt R y s 1st cons 5s’ 5 6 M AN _ Ches A P o t T e l 5s ’29 op ’09. J A J 99% 1 0 0 % 98% 98 Ches A P o t T e l of V a 5s’43 M A N - - C hica go A u ro ra A E lg in C o rp __ Deben 6s A p r 1972_____ J A J / 2 0 % 23 C h ic A u ro ra A E lg R R — 90% 93 R e f A Im p 7s’47 S e rA A A O 54 C h ica go C i t y A C o n n e ctin g R y s 54% 56% C o l l t r s f g 5s J a n 11927. A A O 96 91 91 r Canadian price. Series B Fe b 1927. 83% 95% 98% 92 94 84% 67 43% 42% 20 84% 67% 44 45 23% 94 84% 25 n 100 /This price Includes accrued Interest, f Last sale, n Nominal, c id , 93% 98 97 228 90 A th e n s (G a ) R y A E le c tric — 1st A r e f s f g 5s '5 0 op ’ 18 J A J A th en s E le c R y 6s 1 9 3 1 .A A O A tla n ta C o ns S t R R — See G a R A tla n ta G as L t 5s g 1 9 4 7 ..J A D A tla n ta N o r R y — See G a R y & A tla n tic A v e R R — See B k ly n R A tla n tic C i t y Ele c 5s 1938 M A S 1st A ref 5 % s 1954_____ M A N A tla n tic C i t y (N J ) Gas— 1st g 5s Ja n 1 ’ 60 o p t ’ 20. J A J A u b u rn A Syracuse E le c R R — 1st A ref g 5s '42 o p t ’ 1 2 .A A O A u g u s ta -A ik e n R y A E l C o rp — S in k fd g 5s D ec 1 ’ 35 o p t .J A D A u g u s ta R y A E l 5s ’4 0 . . J A D A u ro ra E lg in A C h ica go R R — 1st A re f g 5s 1946 o p t — J A J A E A C R v 1st g 5s ’41 A A 0 1 5 A u s tin G L 5s O c t 1 1925 _ . Q - J B a lt A A n n S L — See M d E l R y B a lt E le c 1st g 5s 1947 g U . . J A D B a lt Bar P t A Ches— See U n R y B a lt T ra c tio n — See U n R y A E l B a n g o r (M e ) P o w 5s 1931.M A S B an gor R y A E l 1st 5s ’3 5 .J A J B a r H a r b o r A U n R iv e r P r C o — 1st A ref g 5s 1935______ M A S B a y C o u n ties P ow 5s 1930. M A S B eaum ont G L 6s 1944____J A D B ea ver V a l T r gen g 5s’5 3 .M A N B e ll T e l C a nada deb 5s ’ 28. A A O 1st 7s A p r il 1925_______ A A O 1st g 5s 1955 Ser A ---------- M&S B e ll T e le p C o of P en n sylva n ia — 1st A ref 5s 1948 Ser B . . J A J B e lo it W a t , G as A E le c C o — 1st g 5s 1937___________ M A S B in g h a m to n ( N Y ) L , H A P — 1st re f 5s 1948 __________ F A A fF 7 % notes 1925_________M A N B ln g h a m t R y 5s ’31 op’ l l . M A N B irm in g h a m E le c C o — 1st A ref 6s 1954........... A A O B id . C h ic N o rth Shore A M tlw R R ls t m tge gold 5s 1936____J A 10 2 99% 104 % 84 85 92% 94 E q u lt T r u s t ctfs o f deposit 1 136 140 105 103 3-year 7 % notes 1921____J A J 92 93% C e n t U n T r tem p ctfs d e p .. 96% 96% T e m p ctfs dep sta m pe d. 95% 95% * 96 95 97 1st M g 5s 1941 ( s t p d ) .J A J 101 102% ls t c o n 5 s J u ly ’41 (s tp )~ -------96% 96% B k ly n U n E le v 5s 1950. 90% 90% Stam ped gua ra nte ed. 113 111% 100% 100% Stam ped guaranteed. 95 95% 1 101% 101% 94% 95 83 89 ash R y A E le c 96% 97% 105 106 B ro w n sv ille A v e — See P h ila C o 90% 91 , 95 99 ;| 1 0 0 % 101% 1st ref 5s April 1 1939.. 93% 96 104 98 L A Su b Coll trust 8s 1927. Bonds. 83 Alleg B elle vu e & P e rry s v — See P h ila C O Conr g 7s Jan 18 ’ 28. A »k. B ridge po rt H y d ra u lic C o — 94% 86% 27 30 40 100 R ys L ig h t A C o ke 99% 100% 100 101% 103% 103 105 100 102 102 So C o v A C in e 6s 1 9 3 2 ...J A J — C itie s Service C o — s 168 >nv g deb 7s ’ 66 Ser B Jd 121 120% Series C . _______________ 102% 102% Series D ________________ 3 109 Series E ________________ s 109% C itize n s ’ Gas (In d ia n a p o lis)— 93% 95% 1st A ref gold 5s 1942____J A J 104 G e n A r d 7s 1927_____ M A N C itize n s L , H A P (Jo h n st’n , Pa) 1st g 5s 1934 o p t 1 9 1 4 ..M A N C itize n s ’ R y A L t — See M uscat! ne L t A T ra c C itize n s S t R y — See In d T ra c A T e r C itize n s ’ T r a c t — See P h ila C o 98% C it y E le c San F ra n 5s 1937.J A J C i t y A Sub R y — See P o rt (O re) C i t y A Sub R y — See W ash R y A if C la rio n R iv e r P ow er C o — 103 104 1st M g old 6 % s 1947____J A J 100% 101% C le v E l 1 1 1st 5s’39 o p ’ 2 4 .A A O 1 109 109% G o ld deb 7s 1941.............F A A 99% 100 G e n M 5s 1954 Ser A . . . M A N C le ve P ain s A E a s t C o n 5s ’ 18— 50 E x t at 6 % to 1933____A A O f n 30 98% 99% C le ve R y 1st 5s 1931 o p t . . . M A S C le ve S o u th w R y A L ig h t— G e n A con 5s 1954____M A S / . . . . 13% 50 54 C le v Berea A O b 6s ’5 4 .M A S 50 54 C le ve A E ly r ia 6s ’ 54_ M A S _ 50 54 C le ve E ly r ia A W 6s 1954____ 50 54 E ly r ia A O b e rlin 6s 1954____ 92 C lin to n (111) G A E 6s 1937____ 90 93% C o a st Cos L A P 1st 5s’ 46 op F A A 92% 94 C o lo ra d o P o w e r 1st 5s ’5 3 .M A N 100% 10 0 % C o lu m b ia G A E 1st 5s ’2 7 .J A J 100% 100% S ta m pe d ________________ 100 — D e b en tu re 5s 1927______ J A J C o lu m b ia (S C ) R y , G as A E l C o 92% 94 1st M s f g 5s 1936______ J A J C o l B u cke ye L A N e w — See C o l N e w a rk A Z a n e s C o lu m b u s D e la w A M a rio n Elec 83 86 C o 1st A ref 5s Ju n e 1937____ 92 94 1st A ref 6s (stam ped) 1937___ C o lu m b u s (G a ) E le c A P ow er— 103 6s 1947_________________J A D 98% Co lu m b u s (O ) G a s ls t 5sg’3 2 JA J 98% C o lu m b u s (O ) In te ru rb a n T e r C o 84 87 1st gu a r 5s 1935_________J A D C o l L o n d A S p rin g ! R y — See In d C o l A E a st Co lu m b u s N e w a rk A Zan esv— .... ls tjg o ld 5s 1924_________ M A S / . . . . — G e n A re f g o ld 5s 1926. M A N / -------C o l B u c k L a k e A N e w T ra c ____ 1st g old 5s 1921_____ M A N / . . . . Zanesv R . L A P 5 sM ar’ 2 4 A A O C o lu m A 9th A v R R — See N Y R y s 98% 100 Co lu m b u s (G a ) P o w 5s ’36. A A O Co lu m b u s R y , P o w A L ig h t— 94% 95% 1st ref A e xt s f 5s 1 9 4 0 ..A A O 102% 103 R e f m tge go ld 6s 1 9 4 1 ...J A D 78 79 C o l R y 1st 4s ’39 o p t ’ 1 4 .Q -J 95 96 C o l S t R y 1st 5s g 1 9 3 2 ..J A J 94 95 Cross S t 1st Os g 1933. J A D 72% 76 C o m ’clal C a b le — 4sg 2 3 9 7 ..Q - J C o m m o n w e a lth -E d lso n C o — 100% 100% 1st g 5s Ju n e 1 1943____M A S 109% 1st g 6s Ju n e 1 1943____M A S 111% 98% 99% 1st M 5s 1953___________ J A J 99 99% 1st M col 5s 1954 Ser B . J A D 100% 100% C o m ’w ea lth E l 5s Ju n e ’4 3 .M A 8 86 90 C o m ’w ’th L A P 6s 1 9 4 7 ..M A N 98 100 Sec 7s J u ly 1925_________J A J C o m m o n w ea lth P o w e r C o rp 99% 99% S f g 6s M a y 15 1947. M A N 18 86% 88% G e n A ref 5s 1939_______ J A J 93 97 G e n A ref 6s 1972 Ser B . J A J C o m p t H ts A M e r T e r — See U n Conestoga T r a c 1st 4s 1950. J A J 65% 68% C o n e y Is l A B k ly n R R 4s ’ 4 8 JA J 59 j C o n s o lg o ld 4s 1955____J A J 76% 79% B C A N 1st cons 5s 1939. J A J 76% C e rtific a te s of d eposit_____ C o n n L ig h t A P o w e r— 111% 1st A ref s f 7s ’51 Ser A . M A N 103% 104% 1st A ref 5 % s 1954 Ser B . F A A 103% C o n n e c ticu t P ow er 5s ’63. A A O 102% 104 1st A c o ll tru s t 5s 1986 JA J 102 7 % notes D ec 1926_________ 90 C o n n R y A L t 4 % s 1 9 5 1 ... J A J 90% 93 Stam ped guaranteed o p tio n a l. 98% 100 C o n n L U A P o w 5s ’ 3 9 .J A J — 99% C o n n R lv P o w 1st 5s 1937. J A D Consolidated C itie s L , P A T r — 76 79 1st Hen 5s 1962 s tm p d ___J A J f ® ., b PUBLIC UTILITY BONDS 1925.] 37 <OTICB.— All bond prtcea are “ and Interest” except where marked “ f” and Ineome and defaulted bonds. Bonds. B id . A sk. Bonds. B id . A sk. Bonds. B id . A sh . 92 E a ste rn P a R y s 1st 5s 1 9 3 6 .J& J 93% H a v a n a E le c R y L & P o w e r— G en g 4 ____ 86 % G e n M 5s 1954 ser A ___M & S 86 94 93% Eastern T e x E l C o 5s ’4 2 .M & N 95% C onsol Ga 142 94 H a v a n a E le c R y 5s 1952. F & A 93% 7 % con v g notes 1925.-M & N 96 H elena L & R y 1st 5s ’ 25 op M & S 93% „ S t * Eastern W iscon sin E le c tric C o — 105% 92 H e s t M a n & F a ir Pass R y — See P h ila R T 89 1st & ref 5s 1947..................M&S __ H o m e T e le p & T e le g (L o s A n 97 1st lie n & ref 6s 1942____J & D 109% 110 98% 10 2 10 0 geles, C a l) 1st 5s 1933.J & J 97% 1st ref 5 % s 1952 Ser E . 1st lie n & ref 6 % s 194 8.M & S 95% 94 95 93 1st refg 5s 1945............... J & J 93 Sheboygan E le c 5s 1 9 4 6 ..J& J 95 H o m e T e l & T e l of Spokane— 10 1 — E a st B a y W a te r 534s 1 9 4 6 .J& J 83 106% 98 1st M g 5s M a y 15 ’36M & N 15 97 (Jn & ref 7 % s ’36 Ser A . M & S Co nsolida ted G a s (N Y ) — 106% __ H o rto n ia Pow er'Ss 1945 F & A 33% U n d e rly in g cos— See N Y G E I H & P U n & ref 6s 1944 SeT B M&S 10 1 97 10 0 U n & ref 6s 1944 Ser C . .M & S C e rtifica tes of d eposit_______ 32% C o n so l L t g C o ( V t ) ls tfls ’26 J& J H o u g h to n C o (M ic h ) E l L t — C onsol P o w & L t g — E a s t Penn E le c C o — 10 1% 1st & ref 1 6 % s 1943____M&£ 99% 101 1st g 5s Ja n 1 1927 o p t . . J & J 98% 1st M & ref 6s 1953_____ J & J 10 1% 25 H o u g h to n C o T r 1st 5s ’37. J & J / 15 Ea st S t L o u is (Ills ) L t & P o w — Consol P o w & L ig h t (W V a )— 100% 1st 5s 1940.......................... J & D H ous E l 5S 1925 op 1910.- F & A 99% — 62 H o u s H om e T e le p 5s 1935.M & S 98 64*" E a st S t L o u is & Sub u rb an C o — 62 86 H o u s to n L & P o w 5s 1931-A & O 99 99% C o ll tru s t g 5s 1932 o p t. A & O 8534 93 62 1st lie n * ref 5s 1 9 5 3 ...M & S 92 A lto n G ra n ite & S t L T r a c — 66 1st 1 & ref 6s 1953 Ser B . A & O 99% 67% 62 63% 1st cons g old 5s 1 9 4 4 ..F & A 65 1st 1 & ref 5 % s ’54 Ser C M&S 97% 67% C tfs of deposit__________ 97 98% U ta h L & R y E a sto n C o ns E l 5s 1949._M & N H u d so n C o G a s 5s g 1949.M & N 98% H y d ra u lic P o w of N la g F a lls — E c o n o m y L t & P o w (J o lie t, 111) 102% 96 96 1st M s f g o ld 5s 1956_ J & D _ 1st & ref 5s 1950............. . J & J 101 98 98 100 % R e f & im p t 5s 1951_____A & O 99% 94 97 E d iso n E le c Iliu m of B osto n— 94% 99.31 Id a h o P ow er 1st 5s 1947_ J & J 4 % % gold notes 19 2 8 ..J& J1 5 _ 93% E diso n E le c 1 1 (B k ly n ) See K in g s C o E L & P 1 --------1st lie n gen M 8s 1930___J & J 92% F irs t lien gen M 7s 1947.. J & J . .. E d iso n E l 1 1 (N Y ) See N Y G 1 Consum L , H & P C o (E lls , N J ) I l l B e ll T e le p 1st 5s 1 9 5 6 ..J & D 97% 97% 96 E d iso n Ele c C o (La n ca ster)— 5s 1938________________ J & D Illin o is C e n t T r a c 5s ’3 3 ..J & D 89 R efu n d in g 5s 1943_____ F & A Consum ers P o w e r C o (M ic h )— 102" 99% E ig h th A v e R R — See N Y R y s Illin o is E l P o w 1st 6s 1943. A & O 100% 10 0 1st & ref g 5s 1936 op ’ 16. J & J 92% Illin o is P ow er & L ig h t C o rp — 93 E le c & Peop— See P h ila R a p T r 1st 1& u n S 5s Ser C 1952.M & N 102 1st & ref 6s, 1953 Ser A . A & O 101 10 0 1 0 0 % , E le c tric a l Securities C o rp — 100 l s t l & u n i f 5 % s 1954.__M& 102 96 D e b 7s 1953_________ A & O 100 C o ll t r g s f 5s 1935 o p t . . F & A C o n tin e n ta l Gas & E le c tric — 93 Illin o is P o w e r 1st 5s, 1933. J & D j 91% 99% 1 0 0 % E llz P la ln r & C e n t J (See P u b lic 104 102 1st 7s 1936.......................J & D : 99 1 E llz & T re n to n R R |Serv C o rp 98% 1st 6s 1944...........................J & D 97 98% 1 0 0 % E lm ira W a te r, L ig h t & R R — 99% C o ll t r 7s 1954 Ser A ___ 92% 94% H lin o ls N o rth e rn U tilitie s C o — 1st & c o n g 5s 1956_____ M & S C ro ssto w n S t R y — See C o l „ L t 90 99% 1st & re f 5s 1957 o p t ____A & O ! 87 E l Paso E l C o c o ll t r g 5s’32. J & J Cross S t R y — See I n t T r (B u ff) 92% 100% 7 % notes 1925___________ J & J 101% Illin o is V a lle y R y 1st 5s’35 M & S C u b a n Telephone C o — In d ia n a C o lu m b u s & E T r a c — i 105% 106% Em pire D is tric t E le c tric C o — 2 G en & ref g 5 s’ 26 o p ’ l l M & N / 1 __ _ 1st 5s 1949_____ ..M & N 30 95 93 C o l L o n & S p rin g ! 5s ’20 A & O -------E m p ire Gas & E le c tric C o — 1st & ref g old 5s 1 9 4 2 ...M & S 10 0 97% D a y t Spgf & U r b 5s ’28 M & N 35 10 1 98 | G e n & ref 6s Ser A 1952. J & D C u m b ’la n d T & T 5s 1 9 3 7 ..J& J 105% In d ia n a E le c tric C o rp — _____ | 106% ' E m p ire Gas & E le c and E m p ire C u ya h o g a T e le p 1st 7s ’4 1 .J & D 1st M 6s 1947 Ser A . . . M & N 97% 98 92% C o k e It ls t& re f 5s '41 o p .M & S 91% D a k o ta C e n tra l T e le p C o — 1st M 6 % s 1953 Ser B . . F & A 102 10 1 E m p ire G as & F u e l— 1st g old 6s 1935________J & D 103% 104% In d ia n a L tg 4s 1958 o p ____F & A 99 78 10 2 | 1st M s f 6s 1926______ M & N D a lla s Gas 1st 6s 1941___ A & O 10 2% 10 0 % 1 0 0 % In d ia n a * M ic h E l 5s 1957. F & A 1 ------------ls t& re fc o n v 7 % s ’379 erAM & N D a lla s P o w & L t 6s 1949 ___J & J 103M In d ia n a N a t Gas & O — See Peop les G L & C o ke 97 10 0 E q u it G & E U tic a 5s 1942. A & O 1st g 7 % s 1949 Ser B ____J & J 1 q u it 1 1 G as, P h ila , 5s g ’28 J & J ] 104 In d ia n a P ow er 6s 1944___M & N E 1 1st g 5s 1952 Ser C ______ J & J 105 ____ E r ie E l M o to r s f g5 s 1951. A & O 92 ' 1st lien 7 % s 1941 ser A . M & N 90 D a n v S t R y & L C o 5s’ 1925 . J & J ___ E r ie L t g 1st M 5s 1967____A & O 98 95% 1st 1 & gen 6 % s’41SerB M & N 96% 75” 10 1% D a n v ille T r & P o w 1st 5s ’41 J & J 72 74% 8 % co n v notes 1925____A & O , E r ie * su b u rb a n R y 5s ’41. A & O D a r b y M e d & Ches R y — See P h i la R T r 97% 99 10 2% 104 'A E v a n s v G & E L 5s’32 o p ’ 12 J & D In d ia n a R y & L t 1st 5s ’43. J & J 1 9 l ” D a y to n a P u b S erv 7s ’4 2 . .J & J In d ia n a Service C o rp — E xc e ls io r Springs W a t, G as & E l D a y to n (O )G a s5 s’3 0 o p ’ 15.M & S 88 % 99% 1st & ref m 5s J a n 1 1950 J & J 1 87% 1st M Is 1932 o p t ______ J & D 98% D a y to n L t g 1st 5s’37 o p ’ 12.M&S 76 A d ju s tm e n t m o rtg a g e _______ _ 77 97% 98% j;F a irm o n t & C la rk sb u rg T r a c ’n D a y to n P o w & L 1st 5s ’41. J & D 94 95 In d ia n a U n io n T ra c tio n — 1 1st g 5s 1938 o p t 1 9 1 3 ... A & O D a y Sp & U r b — See In d C o l & E 27 1st g 5s J u ly 1 ’33 op ’08 A & O ____1 ____ Federal L ig h t & T ra c tio n — D efiance (O ) G & E 5s 1942.M & S 26 90 In d ia n a N o r 1st g 5s ’3 3 .A & O ls ts r g 5s 1942 o p t ____M&S D e law are C o & P h ila — See U n P & T r a n s 10 1 16 2 " In d ia n a p C o lu m b u s & Sou T r — : 1st lien g 6s 1942 s tp d .M & S D e n v e r C i t y T ra m w a y — 100 97% 133 1st M g 6s Fe b 1 1948___F & A I 47 50 C o n v deb 7s 1953 Ser A .M & S 115% 1st & ref g 5s 1 9 3 3 o p s f_ M & N 96% 82 95% D e b en ture 6s 1954 Ser B .J & D 91% 93% In d ia n a p o lis G a s 5s 1 9 5 2 ..A & O C o n T r a m con g 5s 1933. A & O 99 98 98 99 In d ia n a p L & H 5s 1940. . A & O F e d St & Pleas V a l— See P h il C o D e n v G as & E l 1st g 5s’4 9 .M & N 93% F t P itt T r a c tio n — See P h ila C o In d ia n a p & M a rtln s v R a p T r — 93 1st & R ef 5s 1951_____ M & N 52 107% 108% F t S m ith L ig h t & T ra c tio n — 1st g 5s 1923 o p t________J & J G e n M 7)^s Ser A 1946. M&S 82 1st M g 5s M a r 1 ’36 o p t.M & S In d ia n a p N e w C a stle & E a s t— 78 D e n ve r T ra m w a y P o w e r C o — F t W V a n W e rt & L im a T r a c — 1st 6s 1932 _ 1st Im p g gu 5s’ 23 o p ’08 . A & O 96 In d ia n a p o lis N o rth e rn — See U n i on T r o f In d 98 20 1st M g 5s 1930 g u a r____J & J / 10 E x t a t 6 % to 1924________ n In d ia n a p o lis & N o rth w e s t T r — 99 10 0 F t W o rth P o w & L 5s ’3 1 . .F & A D e n v e r T ra m w a y T e rm in a ls C o l 49 53 97 42d S t M & St N A v — See T h ir d A v e R y 1st g 5s 1923 e x t to 1933. M&S, 1st M g gu 5s 1 92 5-4 0.._ M & S n 95 98 F ra n k f T a c o n y & H olm esb R y — In d ia n a p o lis & Southeast T r a c — D e r r y (N H ) E le c 8s 1951-M &SI 20 1 st gold 5s J u ly 1940____J & J 1st M g 5s 1935________ J & J 1 30 — Des M o in e s & C e n t la E le c C o — 99 20 G alesburg R y L t g A P o w e r— In d S he lb y & 8 E 5s 1932. J & J 101 S F 6s 1937 o p t Ser A . . . M & S 93 In d ia n a p o lis T r a c & T e rm C o — C o n 5 « O c t 1934............. . . J & D 8 F 5s 1937 o p t Ser B . . . M & S 1 88 93% 92 90% 1st s f gold 5s Ja n 11933. A & O Galesb R y & L 5s 1934. Des M o in e s E l 5s 1938. M & N 62% 63% 86 78 ' In d ia n a p S t gen 4s 1933.. J & J G a lv E le c C o 1st 5s ’40 o p . M & N 89 81 D e s M oines C i t y R y 5s ’3 6 .J & J i 85 86 Citizens^ St con 5s g ’ 3 3 .M & N , G a lve sto n -H o u s to n E le c R y — Des M o ine s E le c C o — 85 87 1st M s f g 5s 1954 o p t___A & O In d ia n a p o lis W a te r— 1st M 5s, 1938________ M & N 9834 100 92 92% 98 1st & re f g 4 % s 1940 o p t .J & J G a s & E lo f Bergen C o 5s’ 49. J & D 98% D e tro it C i t y G a s C o — 101 103 101% 1st lie n & ref 5 % s 1953. .M & S G e n 5s N o v 1 1954_____M & N 95 1st M 6s 1947 Series A _ J & J I 102% _ 98% 99% G eneral Gas & E le c C o rp — In te rb o ro u g h -M e tro p o l C o — I D e t & Sub G as 1st 5s’ 2 8 .J & D 10 1 103 S f g 7s 1952 Ser A _____ M & S C o ll tru s t g 4 % s 1956_ A & O / 11 _ D e tro it E d iso n 1st g 5s ’3 3 .J & J I 101% 1 00 % 7 166% G e n G a s& E l C o 5s 1932 J & J G u a r T r u s t c e rtlf of d e p _ / _ 96 98 10 1st & ref 5s J u l y 1 ’4 0 .-M & S 107 107% 96% 1st&ref 6s J u ly ’ 40 Ser B .M & S S tp d asat’d & 16% subs. _ / 10 98% G o ld 6 s 1929 ...............M & S 97% 97% Geor R o w & Ip s — See B os & N o r S t R y S tp d as del of 16% sub. / G e n & ref 5s 1949 Ser A . A & O 1% 113% S tp d as to del on surren C o n v deb 7s Ja n 1 5 ’28 J& J1 5 114% G eorgia L i g h t , P ow er & R y s — 113% 1st lien s f g 5s 1941 o p t.M & S der of 60% of b o n d s .. / 88% C o n v deb 7s Feb 1929 . F & A 89% 114% % 113% 94% In te rb o ro u g h R a p id T ra n s it— C e n t G a P o w 5s ’ 38 op v 13 M & N 93% 114% C o n v deb 7s M c h 1930 _M&S 69 % ! 69) 1st & ref g 5s ’ 66 op ta x -e x J & J 99% 98% 114% G e orgia R y & E le c 5s 1932. J & J C o n v deb 6s D ec 15 1932 J & D 92% 69} 90% R efg & Im p t g 5s ’ 49 s f _ . J & J S ta m p e d __________________■ 68 %; 89% D e t U n ite d 4 % s 1932 o p t .J & J __ 6 % notes 1932__________A & O 75 % 1 75% 99% 100 A tla n ta C o ns S t 5s 1939. . J & J 96% 1st M & col t r 6s 1929_ J & J _ 92' 92% C o n v g 7 % notes 1 9 3 2 ..M & S 10 0 G eorgia E le c L t 5s 193 0 ..J & J 99 — — D e t R y 1st 5s 1924______ J & D In te rn a t’l R a ilw a y (B u ffa lo )— 1 A tla n ta N o rth e rn R y C o — D e t F t W a y n e & B elle Isli .... 80% B u ff R y 1st con M 5 sg’3 1 .F & A 94 — 1st g 5s A p r 1 1928____A & O 1 st guar 5s ’54 op ’9 0 ..J & J — 81% 80 81 Cross St R y 1st 5s g r3 2 _ M & N ; G eorgia R a ilw a y & P ow er— D e t M o n & T o l S h o rt L in e R y 92 90% 1st & ref s f 5s 1954 o p t . . A & O .... 88 B u ff B e ll & L a n 5s 1927.J & D i 1st M g 5s Ja n 1933_ J & J _ — 10 0 % 67 G en M 6 s 1947(1922 Ser) A & O 70 10 1% D e t & P o n tia c— B u ff & L o c k 1st g 5s 1938.J & J , .... 104% 105% B u ff & N la g F a lls E le c R y — | G en M 7s 1941_________M & N Cons g 4 34s ’26 op ’ l l . J & D — 80 83 G ra n d R a p G r H a v & M u s k R y 1st M 5s g o ld 1935____J & J D e t & P t H u ro n Shore L in e — — — 10 0 60 61 99% In te m a t R y ref 5s’6 2 o p .M & N 1st g 5s J u ly 1 1926_____ J & J 1st g old 5s 1950______ J & J 92% G ra n d R ap ids R y — 93 D et Y p s il A n n A rb o r & Ja c k — In te rs ta te E l C o rp 6s 1933. M&Sj 99 10 0 10 0 99 95 1st g o ld 5s 1926______ F & A 1st s f 7s 1939............ . . . M & N 99 D e b 7s 1932____________ J & D , G re a t Cons E le c P o w (Ja p a n )— In te rs ta te P ow er C o — D o m in io n P o w & T ra n sm ls’n— 96 97 90% 98 90% 96 1st 5s 1932.................. A&O 1st M 7s 1944_____ F&A 1st M g 6s Ser A 1944.. . J & J ' 10 1 100 10 0 98 G t F a lls P o w 1st 5s '40 o p . M & N D D E B & B R R — See T h ir d A v ty G eneral 7s 1934__________J & J G re a t Lakes P o w e r, L t d — D u lu th -S u p e rio r T ra c tio n C o — 1 te rs ta te R y s — C o ll tru s t g 4s In 92% 94 10 2 10 0 1st M 6 s 1925-1944____M & N 55 D u lu th S t R y 1st g 5s’30 M & N 57 1943 o p t 1913__________ F & A 83 85 97 99 G e n M 5s 1930______ M & N G re a t N o r th P o w 5s 1935.. F & A Io w a R y & L t (C e d a r R a p id s )— 97 G re a t W e st P o w 5s 1946 o p .J & J Duquasne L ig h t — See P h ila C o 1st & ref 5s 1932 o p ’ 15 M & S 97% 98% 95% C o n v deb 6 s 1925______ M & N Duquesne T r a c — See P h ila C o Iro n w o o d & Bessemer R y & L t 10 0 % 1st & ref 6 s M a r 1949_ M&S _ l 66" E a ste rn C o n n e cticu t P o w C o — 1st s f g 5s '36 op a ft ’ 15. F & A 94% 96 1st M s f 5s 1948 Ser A . - A & O C o n v 8 s 1936___________ F & A Ita lia n P ow er C o — 1st & re f 7s 1950 Ser B . . J & J 106% 107” Ea ste rn M ass Street R y C o — C o ll t r 6 % s 1928 Ser A . . A & O 98 98% 10 0 % 1st & ref 6 s 1952 Ser C . . F & A Serial re f 6s Ja n 1926-1929___ 1 0 0 Jackson C onsol T r — See M ic h E ec R y Ref M 434s 1948................... . J & J / 70 ' 97 99 71% G reen B a y G as & E le c C o — 77% 97 10 0 1st & ref 5s 1935______ M & N R ef M 5s 1948_____________ J & J / 76% 87 90 70 75 G re en w ich T r a m 1st 5s ’31 . J & J 92 R e f 6s Ja n 1948 S e rC M & S15 1st M 6 s 1934_________ A & O 95 87 90 H ackensack W a t 4s’ 52op’ 12J& J 84% — R ef 6s Ja n 1948 Ser D . A & O 99 1st m tge 7s 1934_____________ 96 80 H a g e rstow n & Fre d e rick R y — R ef 6s Ja n 1948 Ser E - M & N 81 83 J a c k s o n v (F la )G a s s f 5s’4 2 .J& D 94 95 L y n n & B os 1st 5s g ’ 24 J & D 1st & re f 6 s 1944........... . A & O 75 80 Ja ckso n ville T r 1st 5s '3 1 . M&S 99 10 1 H a rris b u rg L & P 5s 1952.F & A 97 Exte n d e d to 1929_____ 98 Jackso n v E l 5s ’ 27 o p t . . M & N 94 __ Jacksonv G il) R y & L 5s’31. J & J 91 E a ste rn N J P o w e r C o — H a r t S t R y — 1 st g 4s 193 0.M & S | 82% 92 10 0 97% 1st M 63 1949___________ J & J H a rw o o d E l 5s ’39 op ’ 14_ J & J 1 10 0 _ Jam a ica W a te r S u p p ly C o — 106 1st & ref s f g 6 s f 42 o p . M&S 1 105 E a ste rn O regon L ig h t & P o w C o 99% L t g 5 % s Ser A 1 9 5 5 ... J & J 99 10 0 % 1st M 6s 1929.................. . . A & O 10 0 a /T h is price Includes accrued interest, k Last sale, n Nominal. I In London, r Canadian price s Sale price. 38 [ V ol. PUBLIC UTILITY BONDS 120. NOTICE.— All bond prlcoa are “ and Interest" except where marked “ ( " and Income and defaulted bonds. B onda. A sk. B id . B on d s. B id . 4 « i. B on ds. B id . 1 s Jersey C e n tra l P o w A L C o rp — M a n ila E le c tric C o rp — N a sh ville W a te r 4s 1928___J A J 109 108 M a n ila E le c R R A L t g C o r 1st 1s f 6 % s 1948 Ser A . M A N Nassau E l R R — See B k ly n R a p T r 98 C o n v deb 7s 1933______ M A N 1st lie n A co l t r 5s’ 5 3 .M A 102)4 103)4 86)4 Nassau L t A P o w 1st 5s’27 A A O 85)4 101)4 M a n ila Sub R y s ls t5 s 1946.M AS 82% 6 % % notes D e c 1 1 9 2 8 ..M A S — Nassau A S u ff L t g 5s 1945. F A A 100 X Je r C i t y H o b A P a t— See P u b lic S ervice C o rp . M a n ito b a P o w e r C o L t d — N a tio n a l L ig h t, H e a t A P ow er— 102)4 1st s f 7s 1941 Ser A ____M A N r 102 Joh n sto w n (P a ) Telephone C o C o ll tru s t 7s 1928 Ser B . . J A J i o i x 100 99 99 1st A ref 5s 1942 _____ F A A — M a n ’frs W a t (P a ) 5s 1939.J A D C e n t In d L t g 5s 1927_ M A N _ Jo h n sto w n (P a .) T ra c tio n M a rio n (O ) W a te r C o — C I t y G A E (P a ris ,111) 5s’35 A A O 98 102 1st A ref 5s J u ly 1943_ J A D _ 1st m tge 6s 1943________J A D Je rs e yv ille 1 5s 1935_ F A A 11 _ J o p lin A P lt t s R y lst5 s’30 o pM A S M a rk e t S t E le v Pass R y — See P h ila R T r a n Pana G as A E l 5s 1935.. J A D 94" 9 9 " M a rk e t S t R y (San Fra n c is co )— K ankakee (111) G A E 5s’3 0 .M A S 99% N a t P o w A L in c 7s 1972___J A J — 97% 99 101 K a n C i t y G as 1st 6s 1942.. F A A 1st s f 7s 1940 ser A ____Q -J N ebraska P ow er 1st 5s ’4 9 .J A D 98)4 104 96 K ansas C i t y P ow er A L ig h t— M a r y l’d E l R y s ls t gu 5s’3 1 A A O 1st M 6s 1949___________ J A D 90 100 98 1st M 5s 1952 Ser A ____M A S 96)4 1st A ref 6)4s 1957 Ser A J A J 96)4 D e b 6s 2022......... M AS 55 61 Kansas C i t y R a ilw a y s — B a lt A A n n S L 5s 1 9 4 6 .F A A 97)4 N e v a d a -C a lif E le c 6s 1 9 4 6 .JA J 67 98 1st M 5s J u l y 7 1944____J A J / 65 M assachusetts G a s 4)4s’ 2 9 _ JA J 97)4 1st lie n 6s 1950 ser B ___ A A O 97)4 12 101 96 2d M 6s J u ly 7 1944____J A J / 9 95)4 D e b g 4)4s D e c 1931_ J A J _ N e v a d a -C a l P o w 6s 1927. _ A A O 12 110 2d M 5s J u ly 7 1944____J A J i 5 % notes A p r 15 1927.. A A O 3 99)4 100)4 N e w a rk G as 6s A p r 1 194 4 .Q -J 9 99 C o ll g o ld notes 7s M a y 15 M assachusetts L ig h tin g Cos— N e w a rk C o ns G as con 5s’4 8 JA D 77 100 1921_______________ M A N 1 I / 75 D e b g 7s 1925-’28____J A D N e w a rk Pass R y — See P u b lic Se r v C o rp 100 99 100 — Kansas E le c P o w e r 6s 1937.J A T D e b g 7s 1930_________ A A O N e w B edf A Onset 6s 1928.J A J 100 99 6s 1943_________ _____ . . J A D M c G a v o c k A M t Vern on— See N ash R y A L t N e w B ru n s w ick (C a n ) P o w C o — 78 Kansas E le c U t i l 5s 1925.A A C M e m p h is Pow eT A L ig h t C o — 1st M 5S 1937__________ M A S 100% 95 96 K ansas G A E 6s 1952____M A S 1st A ref 5s 1948 Ser A . . J A J N e w C hester (P a ) W a te r C o — 90 102 104 95 89 D e b g 6s 2022 Ser A ____M A S 1st A ref 68 1948 ser B . . J A J 1st 5s M a r 1 1943______ M A S 101 99)4 K e n tu c k y T ra c tio n A T e r m ’l — M e m p h is L A P 5s 1931. J A J N e w E n g la n d E le c Securities— 76 45 77)4 M e m p h is St R y con g 5s’ 4 5 _ JA J 76)4 1st A ref gu 5s ’ 51 o p t ’ 14. F A A 74)4 1st co ll t r 5s Ja n 3 1932.. J A J 3 92 91 10 1% 95 L e xin g to n R y 1st 5s ’4 9 J A E 94)4 M e rid ia n L t A R y 5s ’44. M A S N e w E n g P o w 1st 5s 1951 . . J A J 95 K e n tu c k y U tilitie s C o— M e tro p o lita n E d is o n C o — N e w E n g T e l A T e l 4s 1930. J A J 102 106 1st lien 6s 1949 Ser E _ J A J _ R ef A im p 8s 1935 Ser A M A N 99)4 100X 5s gold O c t 1 1932_____A A O 102)4 103)4 100 K e y System (San F r -O a k T e rm ) 1st A ref 6s 1952 Ser B . . F A A 1st 5s 1952 Series A _____ J A D 93 85 io i H 93)4 N H A C e n tre v 1st 5s g ’ 33. M AS 1st m 6s 1938___________J A J 1st A ref 5s 1953.............. . J A J 79 102 79)4 M e tro p o lita n P ow er— R e f 5s 1938____________J A J N e w H a v e n W a t 4 % s 1962.J A J 89 % 1st 6s 1953 ser A ______ J A D 100)4 100)4 N J A H u d R iv R y A F e r ry — R e f 6s 1938_______ _____ _ 64 82)4 M e t S t R y — See N Y R y s 82)4 K e y System Securities C o l t r 6s 1st gold 4s 1950 o p t____M A S 82)4 84)4 M e tro p o lita n W e st Side “ L ' K e y T e l 1st g 5s '35 op ’ 08 J A J 93)4 N J P o w A L t 5s 1936_____ F A A 100)4 71 6 % g old notes 1927____M A N 1st g old 4s 1938_________F A A N e w L o n d o n G A E 5s ’ 27. A A O 16 1% 101 71 K in g s C o E L A P 1st 5s’ 37 A A C 69)4 E x te n g old 4s 1938______ J A J 2d m tge 5s 1929_________A A O ______ 101 117 y8 P u rch m on ey 6s g 1997. . A A C M e xica n E l L 1st M g 5s’ 3 5 .J A J Consol A refg 5s 1933____J A J 91 6 3 " New M ilfo rd P o w 1st 5s’ 3 2 .F A A 101 E d iso n E l 1 1 B k ln 4s ’39. J A J 1 91 Va M e x L t A P o w 1st 5s’33 s f. F A A W 60 92 p Tr 95 K in g s C o E le v R y — See B k ly n R M ia m i V a lle y E le c 6s '4 5 .J A J N ew O rleans P u b Service C o — 87% 28 K in g s C o G a s A Ill 1st 5s’4 0 .A A C M ic h E le c R y 5s 1948_____ J A J / 24 1st A ref 5s Ser A 1 9 5 2 ..A A O 93" K in g s C o L t g 1st ref 5s ’5 4 .J A J Ja c k Cons T ra c 5s 1934. M A N / -------89)4 84 X Gen M 4 % s 1935 _______ J A J ______ 87)4 1st ref 6 % s 1954________ J A J M ic h ig a n G as A E le c C o 104)4 In c 6s N o v 1949 Ser A ___J A D 94 91 ______ K in g sp o rt U tilitie s 6s ’37 A A O ls t A ref 6s 1943______ M A S Series B ______________ J A D 97 94 98" 9 9 " N e w Orleans R y A L ig h t C o — 1st 7s 1937 Series B _____ A A C M ic h ig a n L ig h t 1st 5s 1946. M AS ' 100 107 96 95 K ln lo c h L g D is t T e l 5s’ 2 9 .J A J M ic h ig a n N o r P o w 1st 5s’41 J A J 99)4 C a n a l A C la ib 1st 6s ’ 46. M A N 102)4 103)4 M iddle se x W a te r C o (N J ) — 93% K ln lo c h T e le p h 6s 1928_ F A A _ N O C y R R — G e n g 5s’ 43 J A J 96 C onsol M 5s 1 0 * 0 ______ F A A K n o x T G as 1st 5s’33 o p ’ 1 3 .A A C N O C y A L a k e 5s 1943.J A J 97 K n o x v ille R a ilw a y A L ig h t — M id d le W e st U tilitie s — N O A C a r r o llc o n 5s F e b ’ 3 3 JA J 105)4 10614 90 R e f A e xt 5s 1946 o p t_ J A D _ 99)4 8 % gold notes 1935____ M A S E d iso n E l 1st 5s 1 9 2 9 ..J A J 95 — 97)4 K n o x v ille T r a c 5s 1938.. A A O 8 % gold notes 1940____ J A D ' 108)4 108)4 N O P o w -H o u s e C o 5s’ 41.J A J 84 Lacka w a nn a A W y o V a l R T — 8 % g old notes 1941___ 108)4 108)4 S t C h a rle s S t 1st g 4s ’ 5 2 .J A J 96 93 C o ll tru s t 5s 1951_______ F A A M id v a le E tn a A Sharps— See P hlla C o N e w p N ew s A H a m p R y , G A E 99 98)4 81)4 Laclede G L re f 5s 1 9 3 4 ... A A O M i waukee C o ke A G as C o — 1st A ref 5s 1944_________J A J 102)4 104 96 96)4 1st M col t r 5 % s ’53 Ser C F A A 1st M s f 7)4s 1933_____ F A A N e w p N e w s A O ld P t R y A E l E le c 100)| 101 L a k e R o la n d E le v — See U n R y t M ilw E l R y A L t 5s 1 9 2 6 ..F A A 1st g 5s N o v 1 1 9 3 8 ..M A N 1 ------95)4 — L a k e Sh E le c 1st con g 5s’ 23 J A J R ef A e xt 4)4s g ’31 o p t . . J A J 95)4 G e n g 5s M a r 1 1941..M A S 55 86" 96)4 G e n gold 5s Fe b 1 1933.. F A A Gen A ref g 5s 1951 o p t . . J A D ' 97)4 N e w Y o r k E d iso n C o — — 85)4 85% 85 114% L o r A C le v g 5s’ 27 o p ’ 1 7 .J A J 1st A ref 5s 1961 Ser B . J A D 1st lie n A ref 6 % s 1941.. A A O 99)4 N Y G a s, E le c L , H A P C o — Sand F re m A So 5s 1 9 3 6 .JA J 1st A ref 6s 1953 Ser C .M A S 99)4 101)4 T o l F re m A N o 6 % s ’ 2 5 .J A J M ilw L ig h t, H e a t A T ra c — 1st g 5s D ec 1 1948______ J A D L a k e S t E le v R R — See C h ic A O k P k E l ec R y 1st g 58 gu 1929 o p t . . M A N 86)4 P u r m on c o ll t r 4s 1949. . F A A 99)4 99)| 97 98)4 M ilw a u k e e G L 1st 4s ’ 27. M A N I* u re n tia n P ow er 6s 1936.J A J 99)4 E d E l 111, N Y , con g 5s’95 J A J 1 101 97 % 99)4 M ilw a u ke e N o rth e rn R y — 99)4 L a u re n tld e P o w 5s 1946_ J A j _ C e n tra l U n G as 5s g 1927. J A J 96 L e h ig h Pow Sec 6 % n o te s’ 2 7 F A A 94)4 1st 5s A p r 1931_________A A O 3 99)4 E q u ita b le G as 5s 1932___ M A S 101)4 101)4 — 105 89 L e h ig h N a v E le c 6s 1943.J A J M in n A n o k a A C a yu n a R ’ge R R N e w A m s te r G a s 5s 1948.J A J r 96 % L e h ig h V a lle y T r a n s it— .M A N 1st 5s, 1935_____ N Y A E R G as 1st g 5s ’44. J A J 97 96)4 96 91 % 95)4 M in ne ap G L 5s Fe b '30. . M A S 1st M g 5s D ec 1935 o p t .M A 8 C o n 5s 1945___________ J A J 76% 85 100)4 102 86)4 1st M g 4s D ec 1935 o p t .M A E 6 % g old notes Feb 1930____ N Y A W e s tc h L t g 4s 2004.J A J __ M io n G e n E l 1st 5s '34 o p .J A D » 99)4 100)4 92 % 80)4 C o n s g 4s 1935__________J A D D e b g 5s 1954 op g u a r .J A J 82 98% 80 M in n e ap St R y s — See T w in C i t yf R a p id T ra n R e f A im p t g 5s 1960___J A E N o r th U n G a s 5s 1927.. M A N ______ M innesota P ow er A L ig h t C o— 96 98% L e h V a l L A P 5s 194 3.. A A C Sta nda rd G L 5s 1 9 3 0 ..M A N 102)4 103)4 N Y M u n ic ip a l R y C o rp — s L e xin g to n A v e A P a v F e r— Se* J Y R V F irs t A ref 6s 1950_____M A N M ississippi P ow er A L i g h t ___ L e xin g to n ( K y ) R y — See K y T i i T e rm 1st m tge 5s 1966_________J A J / 80% 95 98 L in c o ln G as A E l 5s 1941.J A D 1st A ref 6)4s 1943 Ser A J A D N Y A Pa T e le p A Te le g C o — (S t L o u is ) 97)4 L ln d e ll R y — See U n ite d R y s M ississippi R iv P o w 5s '5 1 .J A J ’ 98)4 1st g old 5s Feb 1 1926___ F A A 102)4 103)4 L it t le R o c k G A F 6s 1937.M AK S f gold deb 7s 1935____M A N G e n s fd g 4s N o v 1 9 2 9 . . M A N 94)4 97)4 97 | 97)4 M ississippi V a lle y P ow er— L itt le R o c k R y A E l 5s ’ 33. A A O N Y A Queens E le c L t A P o w — 100 98)4 99 R e f A e xt g 6s 1938_____ A A C 1st M 6s 1947__________ M A N 1st cons g 5s A u g 1 1930.F A A lo o 91 — L o c k p o rt A O lc o tt R y — See in i T r a c (B uffalo) M issou ri E diso n E l 5s ’ 27. _ F A A N Y A Q u e e n s G a s 1st 5s ’3 4 .F A A 4 L o n g I s l L ig h tin g 5s 1936. MAS 98)4 99)4 M issou ri P ow er A L ig h t C o — N Y A Queens C o R y 4s’4 6 .A A O / — 3 -------102)4 103% 1st ref 6s 1948_________ J A J Is t A ref 6 % sSerB 1943.J A D S te in w a y R y 1st 6s 1922.J A J / 25 93 L o ra in A C le v R R — See L a k e S I E le c R y M o b ile Ele c 5s ’ 46 op ’ 10. M A N N e w Y o r k R a ilw a y s — 99 101 M o b ile Gas im p A ref 7s ’51 J A D3 L o s A ngeles G as A E le c C o rp — 1st R E A ref 4s’ 42 o p ’ 16. J A J f 49)4 70 75 M o b L t A R R 1st g 5s ’3 7 .J A D) 1st A ref g 5s 1939 o p t .. M A S G u a r T r u s t ctfs of de p o sit. . / 49% 98)4 102 65 70 4% G e n A ref g 7s 1926 S e rA .M A ? C o ns g 5s 1941________ M A S5 A d j in c g 5s J a n 1942___A A O / 8 G e n A ref g 7s '31 B A C . J A D 105)4' M onongahela St R y — See P h ils CO 5 B ankers T r u s t ctfs of depot / 50 102 ! 102)4 M onongahela V a lle y T r a c tio n — G e n A ref 6s 1942 Ser D M AS B leeck St A F F 1st 4s ’ 50. J A J 75 % 1st M g 5s 1942 o p t 1922 J A D5 89)4 G e n A ref 5 % s 1943.. . M A S B w a v A 7 th A v Cons 5s’ 4 3 JA D 89)4 96)4 96)4 75 % 96 I onongahela-W est Pa P S C o — G e n A ref 5 % s ’47 Ser E J A D C t f dep stpd D ec ’ 23 ln t _ _ 77 102 1 102)4 99)4 1st lien A ref 6s 1928 . F A A4 100)4 G e n A ref 6s 1942 Ser G M AS B w a y S u rf R R 1st 5s ’ 24.J A J 100 71% M o n tp e lie r A B arre L A P C o — L o s A n g G A E 5s 1934. J A J n 99)4 C e n C ro ssto w n 1st 6s’ 2 2 .M A N 92 94 12 % 1st ref 5s 1944...................A A O 3 C o l A 9th A v 1st 5s ’9 3 .. M A S L r s A n g Pac C o — See Pac E l R y 76 E ig h th A v cert in d 6s ’ 19 F A A Los A ngeles A Pasadena— See P ac E le c R y M o n ta n a Pow er— 98% 41% J 98)4 1st A ref s f 58’ 43 op ’ 18.J A J I os A ngeles R y C o rp — L e x A v A P F y 1st 5s g ’93 M A S 84)4 M o n tre a l L t , H t A Pow er C o % 1st A ref s f g 5s 1940____J A D 83)4 Second A v con 5s g ’48 gu F A A J la t A c o llt r g 4 % s’32 o p ’ 12JAJ r 96)4 98% % T r u s t C o certifs of de po sit. 95)4 L o s A n g R y 5s 1938___ A A O 96)4 97 R e c e lv e r’sce rtlflcate s 1914 / 40 98)4 G o ld 5s 1933 o p t l9 1 3 ... A A O) Los A ngeles Sub Gas C o rp — 1st lien coll tru s t 7s 1938 M AS S o uth F e r ry 1st 5s 1919. A AC / 81 101)4 103)4 M o n tre a l T ra m w a ys — J 94)4 94% 94 96 1st A ref g 5s 1941 o p t . . J A J L ou isian a P ow er 1st 6s ’4 4 .J A D T h ir d A v e — See un de r “ T . ” 60 P h ila C o M o rnln gside E le c S t R y — See L o u is v ille Gas A E le c C o— 65 92% M o u n ta in H om e T e le p C< 92)4 1st A ref 5s 1952 Ser A . M A N 97 98 N Y A R ich m o n d G a s C o — L o u is v ille H om e T e le p . G e n 5s 1938___________ J A J J 99% 100)4 101 M o u n ta in States P ow er C o — 1st 5s e xt 7 % 1925______ J A J 89)4 1st A ref 5s 1938________ J A J J 99)4 L o u ls v L t g 5s’53 u n s tm p d .A A O 98)4 96% 95 91 M t W ash S t R y — See P h ila C o L o u ls v R y con M 5s g ’30_ J A J _ 99% ----____ 75 M u n cie E l L 1st 5s’32op’ 1 2 .J A J J 2d m tge 4 % s 1940______ M A S N e w Y o r k Sta te R a ilw a y s — 74)4 M u n cle H a r t A F t W a yn e T r — G e n M 5s 1950__________ F A A 66 p. 50. 1st 5s g 1935 o p t 1 9 2 5 ...J A J ____ f o u lsv ille W a te r— See under Lo 87 e M u n c ie A U n C i t y T r C o — See U n T r of In d L o w e r A u s tria n H y d ro -E le c Chester 85)4 M u n ic ip a l G as (A lb a n y , N Y ) — 1st s f g 6 % s 1944_________ 85)4 Q 105 106 96% 1st M 5 % s 1952 Ser A . . A A O L u ze rn e t o ^Pa) G as A E le c — 108% 1 st re fA im p g 5 s ’ 4 8 o p T 3 .A A O 97)4 98)4 M u n ic ip a l G as A E le c , R o c h — 106% 0 ____ 1st M g 4 % s 1942op’ 1 2 _A A O 100)4 101)4 1st A ref 6s 1954_______ M A S am R R 92" 8 90 D e b 7s 1944............. JA J 100)4 101)4 M u n io Service 5s 1942___ M AS 83 S 80 100% 97 99 M uskegon T r A L g 1st 1931 M AS L y k e n s V a l L A P 6s 1945.M A S 104 V ____ M uskogee Elec T r 5s ’3 4 . . M A N L v n n A Boat R R — See Eastern M ass S t R y 106% 87 N a sh ville R a ilw a y A L ig h t— 86 M a c o n R y A L 1st 5s ’ 5 3 . . J A J 94)4 Cons g 5s 1953 o p t 1 9 0 8 .JA J M a d iso n C o (Ills ) L t A P o w e r— 105 87 J 84 96 R ef and e xt gold 5s 1958.J A J 1st g 5s 1 9 3 6 .................... J A D 93)4 M c G a v o c k A M t V e rn o n — “ P la in ” M a diso n Gas A E le c C o — 102 105% 100 100 98 Sum m er S t ls tM 6 s ’2 6 .J A J 1st ref 5s 1940..................A A O 102 J 102 105 2d series 6s J u ly 1937. . J A J 101 1st 6s 1926....................... . A A O 101)4 N a s h v ille G as A H e a tin g C o— N o rf A A t l T e rm — See V a R y A P M a d iso n R y s C o — 98 79 81 N 97 1st M g o ld 5s 1937____M A N 1st g 5s 1 9 3 6 ...................M A N M a d R iv P o w ls t5 8 ’ 35gu o p -F A A 99)4 100)4 62)4 63)4: M a n h a tta n E l con 4s g ’9 0 .A A O 54 54)4 Sd g 4s 2013______ JA D M a n ila Ele c C o 7s 1 9 4 2 ..M A N 99)4 100 6 Basis. / T h is price Includes accrued interest k Last sale n Nominal, » C a n a d la u prtc* Cauadlau prlc* s Sale price. ill. — 84 102% — 98% 105)4 91 98)4 98)4 103 112 99)4 50 80 97 50 102)4 100)4 100)4 — 66 96 — 87 % 84% 110 93% 98 99 X — — 98 94 115 102 86)4 100)4 ______ 90 97% 93 77 X 93)4 99)4 99% 93’ ” m. 30 52 50 5% 5% 55 75 X 75% 43 — 66 66% — 98" 101 66% 90% L ig h t 'g 96% 108% 106% 8---101 104% 107 105% 103 39 PUBLIC UTILITY BONDS Feb., 1925.] N O T IC E .— A ll o o n a price* are " a n d in t e r e s t" except w here m arked ‘ t " an d In com e an d d e fa u lte d b o n d s . . Bonds. B id . A sk. B onds. B id . N o rf A P o rts T r — See V a R y A P Paterson A Passaic G a s A E le c N o r f R y A L t 1st 5s 1 9 4 9 -M A N 92 % 93 C o n sol g o ld 5s 1949.. M A S N o rfo lk St 1st g 5s 1 9 4 4 ..J A J 98 98% Paw tucket G a s 4s 1932_ M A N _ N o rth A m e rica n E d is o n C o — P e e ksk ill L t A R R 5s ’3 0 ..A A O 99 99% P en insu lar Telep hone C o — S f g 6 s M a r l 5 ’ 52SerA.M AS15 10 2 % 102% S f g 0 % s 1948 Ser B . . M A S F ir s t M tg e 0s 1943______ J A J N o r th C a ro lin a E le c P o w e r— C o n v deb 6 % s ’34 Ser A A A O 1st s f g 5s O c t ’40 o p ’ l O . A A C 93 P en n C e n tra l L ig h t A P o w e r C o N o r th C a ro lin a P u b S e rv C o — 1st A ref 5s 1950_______ A A O 1st A ref 5s 1934 o p t ____A A O 91 89% 1st A ref 6s 1953_______ J A D 1st A ref 6 % s 1944____F A A 96 99 P en n P u b lic Serv 5s 1962.. F A A 81 Sallsb A Spencer 5s ’45 M A N 78 1st A re f 6s 1929_______ J A D N o rth H u d C o R y — See P u b lic Service C o rp 1st A re f 7 % s 1935 Ser B . J A J N o r th H u d so n L t , H A P C o 1st A re f 6s 1947 Ser C . . M A N 96 (H o b o k e n , N J ) 5s 1938. A A O 1st A ref 5s 1954 Ser D . . J A D N o r th J e r S t R y — See P u b S erv C o rp . C o n v deb 6 % s 1938____M A S N o r th Shore E le c tric C o — P e n n s ylva n ia E d is o n C o — 98 99 1st A re f g 5s ’40 op '2 0 .. A A O 1st M 5s 1946 Ser A ____A A O N o r th Shore G a s C o of Illin o is — 1st M 6s 1946_________ M A N ____ ____ P e n n s ylva n ia E le c C o rp — 1st gold 5s 1937 o p t _____F A A ____ ____ N o T e xa s G as 6s 1925-32.. A A O D e b g 6 % s 1954_______A A O ____ P e n n sylva n ia L t g 5s 1940.. J A J 100 N o r th C a lif P o w 5s 1932.. J A D ____ P e n n s y lv a n la -O h io P o w A L t — 99 R A cons s f 5s ’48 op ’ 15. J A D 100% N o rth In d G as A E l 6s '52 M A N 99% 1st A ref 5 % s ’54 Ser A . . J A J ____ ____ 1st ref 5s 1 9 2 9 ... ... A A O D e b g 6s 1939___________J A J N o rth e rn N Y U tilitie s , In c — P e n n -O h io Edison 6 % s’2 7 J A J 97 95 1st M A ref 5s 1963____J A J Y o u n g Sh Kv & L 5s ’31 J A J 114 110 1st lien A ref 7s 1946 A . M A N P e n n s ylv a n ia P o w e r A L ig h t — 104% 102% 1st lien A ref 6s 1947 B . M A N 1st A re f 7s Ser A 1 9 5 1 ..F A A 102 104 1st 1 A re f 6s 1943 C . . M A N 1st A re f 5s 1952 Ser B A A O 97 99 1st 1 A ref 5 % s Ser D ’4 9 .J A D 1st A ref 6s 1953 Ser C M A S 96 98 W a te rto w n L A P 5s 1959.J A J P e n n s ylv a n ia U t i l 6 % notes ’ 26 N o ith e rn O h io P o w e i— Penn W a t A P o w s f 5 s ’40 J A J 76 78 10-yr 7s 1935 w hen if A as iss. 1st ref 5 %s 1953 ser A A A O N o rth e rn O h io T ra c A L ig h t — Pensacola E l C o 1st 5s ’3 1 .F A A 91 93 1st consol gold 5s 1933 . J A J P eople’s G L A C o k e , C h ic a g o — 83 81 1st consol gold 4s 1933 . . J A J 1st cons g 6s 1943____. . A A O 80 1st Hen A ref 5s 1956___ F A A 78 % R e fu n d in g g o ld 5s 1947 M A S 98 % Seem ed 6s 1926 . . . . J A D 99% C h ic G L A C 1st 5s 1937.J A J 92% 93 G e n A ref 0a 1947 Ser A . M A S Co nsum G as 1st g 5s ’36 J A D 97% 98% N o rth O n t L A P 6s A p r ’ 31.J A J In d N a t G A O g 5s’36 gu M A N N o rth e rn States P ow er C o — M u tu a l F u e lG a s g 5 s ’4 7 .M A N 94% P eo ple ’s T r a c — Se e'P hlla R T 94% 1st A ref 5s 1941_______ A A O 103% 103% P eoria B lo o m A C h a m p T r a c — 1st A ref 6s 1941 Ser B _ . A A O 107 106 C o n v 6 % s 1933_______ M A N 1st g o ld g u a r 5s 1 9 3 0 ... M A N 101% P eoria R y 5s 1926________ F A A 101 6 % % gold notes 1 9 3 3 ..M A N 102% P eoria W W C o p r 1 5s’ 48 M A N 101% 1st Hen 6s 1948 Ser A . M A N N o r States P ow of W ls — See W ls -M in n L A P 1st con 4s 1948________ M A N N o rth e rn T e xa s E le c tric C o — 1st con 5s 1948_______ M A N 83 81 C o ll t r s f g 5s 1940 o p t . J A J D e b 4s 1950___________M A N N o rth e rn T e xa s T ra c tio n C o — P etersburg G a s 5s 1931.. . A A O 96 93 1st g 5s 1933 o pt 1913_ J A J _ P h ila d e lp h ia C o m p a n y— ____ N o r W e tsch L t g 5s 1955 . . J A D 1st c o ll tru s t g 5s 1949. M A S N o rth w e ste rn B e ll Telep hone— C o ns M co ll t r g 5s ’5 1 . .M A N 107% 107% 1st M 7s 1941 Series A . . F A A S ta m p e d _____________ ____ N o rth w e ste rn E le c tric C o — 1st ref A c o l t r 6s’44 Ser A F A A 101% 100% 1st gold 6s 1935........... . M A N C o n v deb 5 % s 1938____M A S N o rth w e ste rn E le va te d (C h ic )— A lle g B elle A P e r 5s ’ 35. . A A O 81 80 1st m tge 5s 1941 o p t ____M A S A rd m o re Street 5s 1958. A A O 75 73 U n io n E l (L o o p ) 5s g ’45 A A O C e n tra l T r a c 1st 5s 1929.J A J N o rth w e s t Gas L A C o k e (C h ic ) C itiz e n s ’ T r a c 1st 5s ’ 27. A A O ____ C o n s g 5s D ec 1 1928_ Q -M _ Duquesne L ig h t 6s 1 9 4 9 .JA J ____ C ic e ro G a s g e n A re f 5s’3 2 _ JA J 1st A co ll t r 5 % s ’49 B . J A J leg N o rth w T e le g — See W est U n T e Duquesne T r a c 1st 5s ’30 J A J 102 100 N o r w lc h (C t)G a s A E g 5s’ 2 7 JA J F e d St A P V 5s M a y 1’4 2 .J A J 85 N o v a S cotia T r A P o w 5s 1940 83% F t P it t T r a c 1st 5s 1935.J A D 94% 93% O gden G as 5s 1945_______ M A N M t llv E t A Sh 5s 1 9 2 3 ..M A N 101 100% O h io A N o r G as 7s 1 9 2 5 .M A N M o n o n g St R y 5s g 1928. J A D 107% 107% O h io P o w 1st 7s 1951 Ser A . J A J W U k A E P it 1st g 5s’ 29 M A S 91 90% 1st A ref 5s 1952 Ser B . . J A J M o rn ’s id e E lS tR y 5 s -3 3 A A O 102 101 1st A ref 6s 1953_______ M A S M o u n t W a sh in g to n St R y — 92 91 D e b g 6s 2024................. . . J A D 1st A c o ll t r gu 5s 1933. A A O O h io P u b lic S ervice C o — P itts A lle g A M gen 5s’3 0 A A O 111 110% 1st M A ref 7 H a ’ 40 Ser A A A O P itts A B fr T r 5s g 1 9 2 9 .M A N 107% 107% 1st A ref 78 '47 Ser B . . F A A B K A A T r a c 6s 1931.M A S O h io R iv e r E d iso n C o— B ro w n s v A v e 5s 1920.F A A 101 100 1st m s f 6s 1948...............J A J W L ib e r ty 1st g 5s ’3 0 .J A J 101 O h io S e rvice 1st 6s 1937.. M A N 99 P itts A C h a rle ro i 5s ’32. M A N O h io S ta te Telephone— P itts b R y s 5s 1953_____ A A O 100 C o n s A ref s f 4s-5s 1944. J A J 99 P itts T r a c 1st 5s 1 9 2 7 ..A A O 100 O h io W a te r 6s Ju n e 1933 _____ 98 O kla h o m a Gas A E le c tric — 2d A v e T r 1st 5s 1 9 3 4 ...J A D ____ 99 1st M g 5s ’ 29 op a ft ’ 14. A A O G o ld 5s J u ly 1933____J A J ____ 105% 1st A ref 7 % s 1941_____ F A A U n ite d T r a c 5s 1997 ctfs J A J 102 7 % notes 1926_________ F A A 101 W est E n d T r a c con 5s’38 J A J 99% P h ila E le c t 1st 5s 1960____A A O 1st A ref 6s 1941_______ F A A 97% O kla h o m a G eneral P ow er C o — 1st M 4s 1966_________ A A O 100 1st M 6s 1952 Series A . A A O 98 1st 1 A ref 6s 1941______ J A D 60 55 O k la h o m a R y ls t A r e f 5s’4 1 .J A J 1st A ref 5 % s 1947_____ J A D O m a ha A C o u n cil B lu ffs S t R y — 1st 1 A ref 5 % s 1953____M A N 85 83% 1st consol g 5s 1928______ J A J F ir s t lie n A re f 5s I9 6 0 .. J A J O m a ha A C o u n B lu ffs R y A Bt P hila A G a rre ts fo rd St R y — 93 90 1st cons g 5s Ja n 1 1928.. J A J 1st 5s 1955____________F A A 99 99% P h ila d e lp h ia R a p id T ra n s it— O n ta rio P o w 5s '43 op to ’ 13F A A O n ta rio Transm ission C o , L t d — C o ll tr g 5s 1957 o p t 8 f . . F A A ____ 97% l s t g u g 5s’ 4 5 o p b e f ’ 10 M A N S f g u a r 5s ’ 62 o p t ’ 1 7 ..M A S O ra nge A Passaic V a l R y — See P ub S erv C o rp . E q t r 5 % s ’ 25-’ 33 (s-a) F A A 65 63 O re go n E le c R y 5s ’ 33 o p t . M A N E q 5 % s ’25-’34 (y r ) J A D 15 b ____ O tta w a E le c 1st g 5s 1933. . J A D D a r b y M e d ia A Ches St R y 98% 98 P a c ific C o a st P ow 5s 1940. M A S 1st 4 % s ’36 o p t ’ 16 g u . J A J 91% 90 P a c ific E le c R y g 5s 1 9 4 2 ..J A J M a rk e t Street E le v Pass R y L o s Angeles P a c ific C o — LSt g gu 4s 1955____M A N 79 77% 1st re f g 4s 1950 o p t’ 15. J A J U n io n T r a c tio n — ____ L A -P a c R R c o n 5's’31. A A O E le c A Peo 4s t r c tfs ’ 4 5 A A O 84 L A P a R R C a l 5s ’ 43. M AS People’s T r a c tio n C o — ____ Los A n g A Pas 5s g 1928.J A J P P R y t r ctfs 4s ’43 F A A ____ W P h il Pass 2d 5s ’ 20. M A N Pasadena A M t L 4s ’5 0 .J A D 94% P h ila d e lp h ia S ub u rb a n G a s A E l 94% P a c ific G a s A E l ref 5s '4 2 .. J A J ____ 108% 1st A re f 7s 1940 Ser A . . J A D 1st M A ref g 5s’6 0 op’ 15 F A A 103%! G e n M 6s 1969________ J A D 103% 1st A ref M 6s 1941 Ser B J A D 98% 1st A re f 5 % s 1952 Ser C . J A D 98% 1st consol 6s 1943______ J A D P a c ific G a s A E le c (A riz o n a )— P h ila A W Ches T r 4s 5 4 .. J A J ____ P h ila A W est R y 5s I9 6 0 ..J A J 1st M 6s Ja n 1931______ J A J ____ Pine B lu ff C o 5s 1942_____ J A J P a c ific G a s Im p 4s S e pt’3 0 .Q -M P a c ific L ig h t A P o w e r C o rp — 1st __ P itts A6s g1942_____________ J A Jo 1st A re f s f g 5s 1951 o p . M A S 98% lle A M a n — SeeP hila C ____ P itts A B lrm T r — See P h ila C o 99 Pac L A P C o 1st 5s ’4 2 . . J A J ____ P itts A C h a rle ro i— See PhU a C o G u ara nte e d _____ _________ P a c ific L ig h tin g C o rp — P M c K A C o n — See W P en n R y s 100 P itts T r a c — See P h ila C o — Secured g 6s 1940.. . . . F A A 99 P a c ific P o w A L 1 st 5s ’30. F A A 98% P itts b R y s — See P h ila C o 106 104% P o n tia c L ig h t 1st 5s 1 9 2 7 .JA J 1st lie n A gen M 8s 1930.F A A P a c ific T e le p h A T e le g ra p h — P o rtla n d (M E l 5s ’ 20 o p t F A A e) 100 99% 1stA c o l t r s f g 5s 1 9 3 7 ..J A J 2 P o rtla n d (O re ) E l P ow er C o — 1 93% R e f M 5s 1952 Ser A . . . M A N 93% 1st L A ref 6s 1947 Ser B M A N i 95 P o rtla n d (O re ) G a s A C o ke — 1 P a rr Shoals P o w 5s 1 9 5 2 ..A A O 93 1st A ref g 5s ’40 o p t ’ 2 0 .J A J Pasadena A M t L ow e — See Pac E le c R y 1st gen 7s 1 9 4 0 . . ____ _ J A J Paterson R y — See P u b Ser C o rp 1 1 P o rtla n d G a s 1st 5s 1951 F A A &Basis. / This .price Includes accrued Interest, i Last sale. I In London, A sk. Bonds. B id . 63 P o rtla n d (M e ) R R 3 % s 1951 J A J 80 98% 1st 1 A con m 5s 1 9 4 5 ..M A N 92% 94 P o rtla n d R y L t A P o w e r— 90 85 1st A re f s f 5s 1942 o p . . F A A 98 1st A ref 6s 1947 Ser B . . M A N 103 106 105 1st 1 A ref 7 % s’46 Ser A . M A N 93% 102% P o r t l’d R y re f 5s ’30 o p . M A N 87 C i t y A Sub con 4s ’30 J A D 99 100 99% P o r t G e n E le c 1st 5s ’35 J A J 102% 103% P o rtla n d (M e ) W a te r 4s ’ 2 7 F A A 99 95 96 P o rto R ic o R y s , L t d — 101 102 1st g 5s N o v 1 1936 o p .M A N r 85 105 G e n A ref 5s £ 1962____M A N r 70 95% 100% P o rto R ic o T e le p 6s 1944 . J A D 99% 193 94 P oto m ac E l P o w 5s ’ 29 op J A D 98% 100 C o n s M g 5s 1936 g u a r. J A J 104% G e n lie n A ref 6s 1953.. A A O 107 94 96 R e fu n d in g 7s 1941 ___A A O 91 102 P ow er Secur col t r 6s ’ 49 . J A D Incom es June 1949____F A A / 82 96% 97% P ro v . Secur.— see Steam R R ’s. 97% 98% P u b lic Service C o of C o lo ra d o — ____ C o n v s f deb 7s 1933. . A A O 96% 96% P u b lic Service C o of N o r 1 1 1— 92% 95% 96% 1st A re f g 5s 1956 o p ’ 21. A A O 101 102 P u b lic Service C o of O kla h o m a : ____ 97 98 1st M 6s Series B 1949. . M A S P u b lic Service C o rp of N J — 98% 106 106% T r u s t certs 6 % p e r p e t._ M A N 104% 93% 94 G e n g 5s O c t 1 1959 o p . . A A O 102% 99 103% C e rtific a te s of de p o sit_____ 95% 100% 101% Secured 6s 1944. . . . . F A A 100 100% Cam den Sub 1st 5s 1940.J A J 77 101 101% C o ns T r a c 1st 5s 1933. . J A D 81 E llz P la in f A C e n t J e r R y — 65 1st g 5s D ec 1 1950 . J A D 107% 76 108% E liz a b e th A T r e n t 5s’ 62 A A O 60 95% 95% J C H o b A P a t 4s 1 9 4 9 .M A N 85 98% 99% N e w a rk P a ss con 5s ’3 0 .. J A J 94 98% 99% N e w a rk T e rm R y 5s ’5 5 .J A D 90 90% 90% N H u d C o R y cons 5s ’ 28. J A J 100 95 96% 2d 5s e xt a t 6 % to ’ 26 M A N 75% N o r J e r St R y 4s 1948. M A N 62 O r A Pass V a l 1st 5s ’3 8 .J A D __ 87 85 P ate rso n R y — C on6 sg’3 1 J A D 55 99 100 2d 6s ’ 14 e xt 5 % to ’ 4 4 A A O 72 90 94 R iv e rs id e T r a c 5s I9 6 0 .J A D 60 63 So Jerse y Gas E l A T r a c — 75 80 95% G u a r g 5s M c h 1 1953. M A S 50 38 ____ _ P ub U cMService E le c P o w C oA—A O 104 1st 8 f 6s 1948_______ P u b lic Service E le c A G as C o— ____ 101% 98% 1st A ref 5 % s 1959______ A A O 94 98% 95 1st A ref 5 % s 1964______ A A O 92% 94 P u b lic U tilitie s E van svlU e — 102% 103% 99% 1st A ref 6s 1929______ J A J 94% 95 P u g e t Sound P o w e r C o — 75 99 80 1st g gu 5s 1933 o p t ____J A D 53 56 P u g e t Sound P ow er A L ig h t— 75 97% 80 1st A ref 5 % s 1949_____ J A D 82 87 P u g e t Sound E le c tric R y — 105% 84 105% 1st consol g 5s ’32 o p . F A A 104% 95 i Ta co m a R y A P 5s ’ 2 9 .A A O 75 79 Quebec P ow er C o — 70 99% 75 1st m s f 6s 1953 Ser A A A O 65 75 Quebec R y L H A P o w — 65 70 C o n s g 5s 1939 o p t . . . . J A D r 91% 75 96 80 Queens B o r G as A E l 5s ’5 2 .J A J 75 80 103 R ef 6s 1953____________M A S ____ Q u in c y (111) G a s E le c A H e a t— 78 ____ 1st cons g 5s 1935 o p ’ 10. M A S ____ 77 83 Q u in c y G A E 5s 1 9 2 9 ..M A S 75 80 89 Q u in c y (IU ) R y 5s 1 9 3 2 ..F A A 72 92 78 R a cin e (W ls ) W a te r 5 s’31.M A N 77 82 93 R a ilw a y A L ig h t Sec 5s v a r ____ 75 80 R a p T r S t R y — See P u b Ser C o r 70 75 99 R ea d in g T r a c 0s 1933_____ J A J 65 70 90 R e a d A W o m — 1st 5s g ’ 25 J A J 70 75 Red W in g G L A P — See W is -M in n L A P 80 85 R h in e lan d e r L ig h t A P o w C o— 50 55 100 1st g 6s 1936 . . . . . . . J A J 65 70 R hode la id Sub 4s ’ 50_____ J A J 70 75 R ich m o n d (S I ) L t A R R — 51 54 76 1st c o ll t r g 4s 1952 . . J A J 68 72 R io de Ja n e iro T r a m L A P — 101 86% 100% 1st g 5s 1935...........................J A J 85 83 R ive rsid e T r a c — See P u b Serv C o rp 106% 99% 107 R oanoke G L 5s 1927____A A O 92 104% 104% R oanoke R y A E l 5s 1953. F A A 85 105 105% R oanoke T r A L t 5s 1 9 5 8 .F A A 93% 99% R oanoke W W 1st 6s 1936.J A J 99% 83% G en g 6s 1934.______ - M A S 83 85 Rochester G as A E le c C o rp — 109 G e n m 7s 1946 Ser B ___M A S 102 86 88 G e n m 5 % s 1948 Ser C . M A S 89 87 98% R och R y A L t 5s ’54 o p t . . . J A J . ____ 100% T a x e xe m p t________ _____ 95% 5.50 t a 4.75 R o c h R y cons 5s g 1930. A A O 87 2d 5sg 1933___________J A D 82 85 R ochester A Syracuse R R — 59 1st M con v 5s 1957____M A N 86 86% R och T e le p gen 5s 1 9 3 3 ..A A O 98 104 1st A re f 6s 1946_______ A A O 63% 64 R o c k fo rd (111) E le c tric C o — 1st A ref s f 5s ’39 op ’ 14. M A S 98% 67 69 Rom e (G a ) R y A L 5s ’ 46. A A O 99 99% R om e (N Y ) G a s, E le c L t A P — ■ 95 1st 5s 1931_____________ J A D , 97 99 94% 1st ref 5s 1946_______________ 101 103 85 R u m fo rd F a lls P o w 4s 1945AAO: 101% 102 93 G e n M 4 % s D e c 1929.. J A D ____ 75 R u tla n d R y L A P ls t5 s ’4 6 .M A S 91 93 Sacram ento E le c G a s A R y — 92 94 C o ns 5s N o v 1 1927____M A N 100 99% 101 Sacram ento G a s 6s ’2 5 -4 0 .A A O St C ha rle s S t R R — See N O r R y A L S t C la ir C o u n ty (111) G a s A E l — 1st cons g u a r 5s 1959___M A S 91 St Joseph G a s— 1st 5s 1937.J A J S t Josep h R y , L t , H e a t A P o w — 1st g 5s N o v 1 1937____M A N 85% 99 100 S t L o u is R R — See U n R y s (S t L ) 99 100% S t L o u is S p rin g ! A P e o ria R R — 84% 1st A re f gu g 5s ’39 o p . . J A D __ _ S t L o u is & S p rin g ! 5s ’ 33 J A D 99 St L A Sub R y — See U n R y s (S t L ) 97% S t L T r a n — See U n R y s (S t L ) 96 104%, 106 |S t M a u ric e P o w e r L td — __ 1 1st m 6 % s 1953_______ F A A ' 98 i — n Nominal. t Canadian price. > « Sale price A sk. 66 83 85% 98% 95 99% 99 105% ____ 95 85 93 98 99% 104% 100 95% __ 79 ____ 62 87 94% 76% ____ 75 104% 99% 98% 100% ____ 98% 97 100 92 91 95 101 100 79 87% 100% 94% 85 j 110 103 99% 97 89 61 100 105 99 97 96% 90 90 93 86 85% — 40 PUBLIC UTILITY BONDS [ V o l. 120. NOTICE.— All bond prices are " a n d In terest” ex cep t w here m arked " f ” an d Incom e an d d e fa u lte d b on d s.____________ Bonds. B id . A sk. Bonds B id . A sk. B onds. B id . A sk. S t P a u l C i t y R y — See T w in C it y R T U nite d E le c R y s (P ro v id e n c e )— S p rin g fie ld (O ) L t , H t & P o w — S t P a u l G a s L ig h t — . _ t ’rio r lie n M 4s Ja n 1946 Ser B 63 67 98% 1st s f g 5s 1929..................... F & A HcGen g o ld 5s 1944______ M&S 98 56 53 98 % 99 G en ref M 5s Ja n 1951 Ser A . G e n & re f 5s 1933________A & O 98 34 43 46 G e n & ref 5 34s 1954 ser B J & D 9934 100 G e n ref M 4s Ja n 1951 Ser B_ S p rin gfie ld & N E T r — 102 % G e n & ref 6s 1952_______ J & J 84% United E le c tric Securities C o — 1st 5s 1936____________ J & D 10334 S a lis b u ry & Spencer— See N o C a r P u b S erv C o ll t r g 5s 1933 to 1955 . F & A 1)5.45% 5 .2 5 % S p rin g fie ld (M o ) R y & L t C o — S alm on R i v P o w gu 5s ’ 52 op F & A 9934 99% 99% 100% U nited F u e l G a s 6s 1 9 3 6 ..J & J 9934 1st s f g 5s 1926 o p t ____M & N ____ S a lt L a k e T e rm 6s 1 9 3 3 ... J & D 93 34 734s A u g 15 1931____F & A 1 5 96M S p r in g fie ld (O )R y 1st 5s’35 M & S ____ S a lt R iv e r Y a l W a te r Users A ssn U nited G & E C o rp 6s ’ 45. A & O 1st M 5s 1925-1935____M & S ____ ____ 6s 1938________________ F & A 98 101 U n ite d G a s & E l(S F )5 s ’3 2__J& J Sta nda rd G as & E le c of D e la — San A n to n io G & E 5s ’ 4 9 .M & S 115 96 C o n v deb 634s 1933____M&S 11534 U n ite d Iliu m C o N e w H a v e n — San A n to n io P u b lic Service— 96% 99 6 % g notes 1935_______ A & O 1st 4s F e b 1 1940_______ F & A 9334 9134 1st ref 6s 1952 Series A . . J & J 115 116 101% C o n v g deb 6 % a 1954___ J & J U nite d L ig h t & P ow er C o — San A n to n io W a te r S u p p ly — 95 93 D e b g 634s 1974_______ M & N Staten Is la n d E d iso n C o rp — 95% 1st & re f s f 5s ’33 op ’ 1 3 .F & A 95 95 104% 97 R e f & im p t 6J4s ’53 S e rA J & J 10634 U n ite d L t & R y s 1st 5s ’32. J & D San D ie g o C o n so l G as & E le c — S te in w a y R y — See N Y & Queens Do R y C o n v deb 6s 1926____ M & N 10034 10134 1st g 5s 1939 o p t 191 4.. M &S 99 S ub u rb a n G as C o of P h ila — 1st 1 & cons M 6s ’52 s e r A A & O 9934 9834 1st & re f 6s 1939 ser A ._ M &S 101 97 ls t 8 f g 5 s A p r l’ 52op’0 7 ..A & 0 U nite d P o w e r & T r a n — 1st & ref 5s 1947 ser B .M & S 91 40 92 S up e rio r W a te r L ig h t & P o w e r— D e l C o & P h i t r ctfs 4s’49 J & J 1st & ref 6s 1947 ser C . .M & S 67 101 66 U n ite d R y s t r ctfs 4s ’ 4 9 .J & J 1st 4s M a y 1931________M & N ____ ____ Sand F re m & So R y — See L a k e Sh E l R y M&S U n ite d P u b U t i l 6s 1 9 4 3 ... J & J R e f 5s 1929.............. San F ra n G & E 4 % a 1 9 3 3 .M & N 98% 96 34 Syracuse G a s g 5s 1946____ J & J 100 U n it R y s & E le c (B a ltim o re )— N o t c a lla b le ______________ 1st consol g 4s 1949____M&S 7034 9634 Syracuse L a k e Shore & N o r th — ____ San J o a q u in L t & P o w C o rp — 49 51 1st M g 5s ’ 47 o p t ’ 1 7 . . M & N 1st con M 6s 194 9 .. .M & S 9634 ls t& re f g 6s ’50 Ser A o p .F & A 97% 51% Syracuse L ig h t ’g 5s g 1951. J & D 98% Incom es g 4s 1949 op ’ 29 J & D 5134 Series B 72 73 10134 In c fu n d in g g 5s 1 9 3 6 ..J & D S yra c L & P c o ll t r 5s 1954.J& J ____ Series C 1 01 % 84 6 % g old notes 1927. . . F & A S yra c R a p T r 1st g 5s 1946. M&S 85% 9934 U n lf & re f 7s 1951______ M&S 103 84 B a lt S parrow s P t & Ches— 2d m tge g 5s 1930______ J & J 4 U n if & ref 6s 1952 ser B .M & S 100 87 88 4 T a co m a R y & P — See P u g e t Sou ad E le c 1st g gu 4 34s 1953— F & A _ U n lf & ref 6s M a y 1 ’54 E M & S io o a 99 B a lt T r a c C o ls t M 5 s ’ 2 9 .M & N Ta co m a W a t Sup 1st 5s ’ 2 5 .J & J San Jo a q u in L ig h t & P o w e r— N o B a lt D iv 1st 5s ’42. J & D T a m p a E le c tric C o — 9834 100 1 __ 1st 5s 1945 op a f t ’ 1 0 ..J & D 9934 1st M g 5s 1933 s f o p . . J & D 98 C e n t R y con M g 5s 1932. M & N 9 8 Vs S a ntia go (C u b a ) E le c L & T r — 85 90 E x t & im p 5s 1932_ M&S _ T a m p a Gas 5s 1937 o p t___M & N 9934 ____ 93 1st g 6s 1959 o p t 1919.. . J & J 99 95 Tennessee E le c tric P o w e r— L a k e R o E l 1st 5s ’ 42 M & S Sao P a u lo T r a m , L & P , L t d — 1st & ref 6s 1947 Ser A . . J & D U n ite d R a ilw a y s of H a v a n a — 10034 101 110 1st g 5s Ju n e 1 1929____J & D T e n n P o w g u 5s 1962 o p t . M & N 91% E q 734s Feb 15 ’3 6 . . F & A 15 109 9034 9034 S a va nn a h E le c & P o w e r C o — T e n n W a te r 1st 5s 1 9 4 6 ..M & S U n it R y s (P h ila )— S e e U n it P & T 106 . l s t & r e f 734s 1942 Ser A . A & O T e rre H a u te In d ia n a p & E a s t— U n ite d R y s of St L o u is— 101 Savannah E le c C o 5s g ’52 J & J 89 92 67 70 6 % receivers ctfs 1926 . A & O 101)4 1st & re f s f g 5s ’45 o p t . A & O S a yre (P a .) E le c 5s 1947___A & O 73 91 G e n g 4s J u l y 1 1934_ J & J _ 73)4 93 34 T e rre H a u te T r a c & L ig h t — ____ S chenectady R a ilw a y C o — 84 1st con M g 5s 1944____M & N 86 G e n g 5s A p r 1 1923 g u A & O f . . . . 55 1st M 5s 1946 o p t 1919.. M &S 60 98% St L ou is T ra n s C o 5s ’24. A & O / 7434 T e rre H a u te E l 5s 1929.. J & J S c h u y lk T r a c — 1st 5s 1943. A & O U n ite d R y s In ve stm e n t C o — T e rre H a u te W W C o rp — __ 1st lie n co ll t r s f g 5s ’ 26 M & M 100 S cra n to n E le c 5s ’37 o p t ’ 12 J & J 1st M 6s 1949 Ser A ____J & D 10034 9934 l O l " ’ __ 8 % g o ld bonds J a n ’31 A & O 100 96% 10034 T e xa rk a n a G & E 5s 1930. . J & J Stam ped ___ _____ — 82"* S cra n ton R y — 1st 5s N o v ’32J& J 87 90 84*" T e x E le c R y deb 6s 1942___J & J U n ite d T ra c tio n (A lb a n y )— 93 S cran T r a c 1st 6s g ’3 2 .M & N 45 48 82 1st & ref 5s 1947_______ J & J C o n g 434s 2004 . _J& D 8334 ____ 72 78 S cra n & W ilk e s -B a rre T r C o rp — T e x T r a c 1st 5s ’37 o p t - . J & J A lb a n y R y con M 5s g ’30 J & J 92 58 55 C o ll tru s t 6s 1934_____ A & O 96 94 T e xa s P o w & L t 1st 5s ’37. J & D G e n g 5s 1947_______ J & D 54 57 76% 1st & ref 5s 1951_______F & A 90 D e b g 6s 2022 Ser A _____ J & J 91 T r o y C i t y R y 5s g 1942. A & O 78 10 0 S eattle E le c 1st g 5s ’ 30 o p . F & A 98 T e xa s P u b lic Service 6s ’3 3 .J & J 100 U n it T r (P itts b )— See P h ila C o . 85 90 C o n & re fg s f 5s 1929___F & A — T h ir d A ve n u e R y (N Y ) — U n ite d U t il 1st 6s ’43 op ’ 18 J & J 9934 102 101 S e a ttle -E v e re tt T ra c tio n — 56 5 6 % U S P u b Serv 1st 6s ’2 7 . . . F & A 1st ref g 4s 1960 op a ft ’ 14 J & J 89 1st M g 5s 1939 op 1914. M&S 92 4 6 % U S Telephone 1st 7s 1921 e xt to A d j in c g 58 Ja n 1960 o p .A & O / 4 6 % -------____ 97 S eattle L t g 1st 5s’ 44 op ’ 10.M &S 94% T h ir d A v R R 1st 5s g ’ 3 7 .J & J 95 1941 ___________________J & D 87 R e f g 5s 1949 o p t 1 9 1 4 ..A & 0 D r y D o c k E B w a y & B a tte ry U rba n a & C h a m R y G & E — 8834 ____ ___. G e n M tg e 7s 1929______ J & J 10 0 77 1st 5s g o ld 1932______ J & D 80 10 1 5s 1929_____________ ______ ____ .... Second A v e — See N Y R y s 10 N e w re f m Ser C in com e — U ta h Gas & C o ke 1st 5s ’36 J & J 93 96 Second A v e T r a c — See P h ila C o 42d St M & St N 1st 6s 1910 U ta h L t & P cons g 4s ’30. J & J 100 98 77 Seneca P o w C o rp 6s 1 9 4 6 .M & S E x t a t 5 % to 1 9 4 0 ...M & S P 1 5s 1930_____________ J & J S h a w ln ig a n W a te r & P o w e r— 57 Sou B o u le v g 5s 1945___J & J U ta h L ig h t & T r a c tio n — 8554 1st con s f 5s 1934______ J & J 79% U n io n R y 1st 5s g 1942.. F & A 1st & ref 5s 1944 Ser A . . A & 0 8434 10034 101 34 8134 1 0 2 34 67 9234 1st ref 534s Ja n 1 195 0..J & D 70 U ta h P & L 1st 5s 1 9 4 4 ...F & A W estchester E l 1st 5 sg’43 J & J 9234 10334 90 105 1st re f 6s 1950............ J& J 61 D e b 6s M a y 1. 2 0 2 2 ...M & N Y o n k e rs R y 1st 5s 1946. A & O 106 66 8834 ____ ____ S he b oyga n E le c — See E a s t W is Elec C T h ir t y -f o u r t h S t C ro ssto w n — S e e N Y R y s 1st 1 & gen M 6s 1944 _ _ F & A ____ S hre ve p R y s — 1st 5s ’ 25-’44J & J U tic a E l & P 1st 5s 1 9 5 0 ..J & J T o le d o B o w l G reen & Southern 99 34 98)4 S ie rra & San Fra ncisco P o w e r— 1st m 6s 1941__________ M & N U tic a G a s & E l re f& e xt 5s ’57 J & J 9834 1st g 5s 1949 o p t_______ F & A 109 109 % T o le d o E d is o n 1st 7s 1941.M & S G e n 534s 1949_______ J& D 1 5 91 10034 101)4 9034 2d M 6s 1949 Ser A _____ J & J 84 97 9 7 % U tic a & M o h a w k V a lle y R y — 1st m 5s 1947___________ M &S 87 ____ 70 75% 2d M 5s 1949 Ser B .......... j & J T o l F re m & N o r S t R y — See L a k e S h E l R y 1st g 434s 1941________ M & S ____ 90 97% T o l G E & H con 1st g 5s’3 5 .A & 0 Som erset U n & M id d le se x L t g — 99 U tic a B e lt L 1st g 5s .39 M & N ____ 65 M tg e g 4s D e c 1 1 9 4 3 ..- J & D 70 80 T o l & In d ia n a 1st 5s 1931. J & J V a lle y C o u n tie s P o w 5s '3 0 M & N 10034 So B en d & M ish a w a k a G as— To led o T r a c . L ig h t & P o w e r— V e rm o n t H y d ro -E le c C o rp — 10054 100% C o n s g 5s 1926 o p t 1908.. J & J 6 % notes 1925_________F & A 1st M 6s 1929_____ _____ A & O 9934 1 0 0 % 100 97 87 So C a r G as & E l 6s ’4 2 .M & S 1 5 T o l & W e st R y 1st g 5s ’ 2 6 .J & J f . . . . V e rm o n t P o w & L t g 5s ’ 27. M&S 88 TTnot ftTTvrwvl 90 93 / .... 84 C o n v 6s D e c. 15 '32 . J & D 15 V ick s b u rg L & T r 1st 5s’3 2 .J & J ---95 98 S o u th C o v & C in S t R y -S e e C In N e w & Cov Ry T o p e k a E d iso n 5s Sept '3 0 . J & J 1st M 7s 1932__________J & J 92 89 93 S o u th F e r r y — See N Y R y s D e b en ture 6s 1930. . M&S T o p e k a R y 5s 1930 op 1915. J & J 92 S o u th J e r G E & T — See P u b Ser Corp T o p e k a R y & L lst5s 1933. F & A 90% V irg in ia n P o w 1st 5s 1942.J & D 94)4 9334 97% S o u th e rn B e ll T e le p & T e le g — T re n to n G & E l g 5s 1949..M & S V irg in ia R y & P o w e r— 94 50 9434 99 % 1st & re f g 5s 1934 ___.J & J 1st s f g 5s 1941 o p t 1916. J & J T re n to n S t R y con g 5s ’3 8 .J & J 100 96 80 N o rf & A t l T e rm 5s ’ 29 M&S T re n to n Pass 6s Sept 30 ’31 A & O Sou B ’v a rd — See T h ir d A v e R y 93 9534 N o rf & P o rts T r 5s ’36. J & E S o u th e rn C a lifo rn ia E d iso n — T r i - C i t y R y & L ig h t— 96% 97)* W ash A le x a n d ria & M t V e rn o n G e n g 5s N o v 1939 o p t . . J & J 1st & ref g 5s 1930 o p t___J & J 9934 100 ____ 30 103 34 1st g 5s 1955 o p t _____.M & £ T r i-S ta te T e le p & T e le g — G e n & re f g 6s 1944____F & A 102% 28 101 C e rtific a te s . . . . 534s 1942_______________M & N R e fu n d 6s 1943________ A & O 102 10334 G e n & ref 5s 1944_____ F & A T r o y C i t y R y — See U n T r (A lb ) W a sh in g to n B a lt & A n n E l — 93 9234 64 102 103 102 34 1st MT 5s M a r 1941 o p ..M & S T r o y G as 2d 6s’23 e xt to ’33. F & A S o uthe rn C a l G a s 6s 1950.M & N 6434 ____ 99 98 100 1st & re f 0s 1958 ser C . . J & D C o n sol 5s 1939_________ M & N W a sh’n ( D C ) G L 5s 1 9 6 0 .M & b 103 28th & 29th Sts— See 3d A v e R y 1st & ref 7s 1951 ser A . . M & S 6s M 1933 Ser A _ A&C 79 78 W ash R y & E l g 4s 1951 . J & C S o u th e rn C a lif T e lep ho ne — 23d S t R y — See N Y R y s 10 034 G e n & ref 6s 1933. . . M & b 100)4 95 1st M 5s 1947.......... .................. .. T w in C i t y R a p id T ra n s it C o — ____ 90 101 A n a co st & P o t 5s 1949 A & C S t P a u l C y 1st g 6s ’3 2 .. A & O S outhern Canada P r C o L t d — 90 101J* 1st cons 6s g 1934--------A & O 1st & ref 6s 1948_______ M & S r 102 % 85 95 C i t y & Sub 5s g 1 9 4 8 ...F & fl 8734 C a b le con 5s 1 9 3 7 ..J& J1 5 S o u th e rn C o lo ra d o P o w e r C o — 9634 W a sh in g ton W a te r P o w e r C o — 94% M in n S t & St P a u l C i t y 1st g 6s 1947 Ser A ______ J & J 95 % 96 97 C o n sol & c o ll t r g 5s 1929. J & , C o n s gu a r g 5s 1928.- A & O 9934 S o u th ’n C o u n tie s G a s C o o f C a l 99% 101 1st ref 5s 1939 o p ___-_ J & » 96 T w in C i t y T e le p 5s ’ 25-’2 6 .J & J 99)4 1st g 5 % a M a y 1 9 3 6 ...M & N 97 W a te rlo o C e d F a lls & N o R y — T w in States G as & E le c tric — S o u th e rn Illin o is L t & P o w e r— 16 84% 1st M s f g 5s 1940 op ’ 15. J & . 1 12 1st & ref 5s O c t 1953____A & O 1st M 6s 1931 o p t ______ J & J 8634 16 98 99 / 12 1st & ref 434s 1926_____A & O S o u th N E T e le p 1st 5s ’4 8 .J & D W a te rto w n L & P o w — See N o i N Y U t llitie s 99“ 1 * 6 " U n d e rg ro u n d E le c R y of L o n d o n 6 S o u th e rn P o w 5s 1930 o p t . M&S 90% W estchester E le c — See 3d A v R j S o u th e rn Sierras P o w e r— 4 % a Ja n 1 1933__________ J & J 100 W estchester L t 1st g 5s ’ 50.J & D 9934 Incom e 6s J a n 1 1948________ / 8634 1st s f gu 6s Sep ’ 36 op ’ 18J& J __ _N Y Sub G a s— 1st g5s’49M&£ U n io n D e p o t— See U n ite d R y s St L o u it S o u th e rn T r a c — See P h ila C o W est Chester (P a ) S t R y — U nio n E le c L t & P o w of Ills — S o u th e rn U t ilit ie s 6s 1933. A & O 9934 1 0 1 75 73 100 1st g 5s A u g 7 1932 . . . F & / 1st m 5 % a 1954 Ser A _ J & J _ S o uthe rn W iscon sin E le c C o 10034 W est E n d S t R y — See B o sto n E U n io n E l L t & P o w C o of St L — 1st g 6s 1936____________ J & J 98 1st g 5s Sept 1 1932____M & S 84 9934 10034 W est L ib e r ty S t R y — See P h ila C o S o u th e rn W ise P ow 5s ’3 8 .A & 0 8<T" 100 99% R e f& e x t5 s ’3 3 o p a ft’ 1 8 .M & N 9934 W est P e n n C o deb 6s’ 2 5 .J & D lc Southw estern B e ll Te lep — W est P en n P o w e r— 1st & ref m 5s 1954 Ser A F & A 9734 9734 U n io n E le v R R — See N o rth w e st E le v 96 1st M 5s ’46 op ’ 21 Ser A M&S 9534 U n io n R y — See T h ir d A v e R y 94% 95 S o uthw e st G & E 5s 1 9 3 2 .F & A 95 9534 1st M 5s 1963 Ser E ____M&S U n io n R y G as & E le c C o (111)— 92 G e n M 6s 1957_________M & N 91% 98 100 1st M 534s 1953 Ser F . A & C 10134 10134 C o ll t r g 5s 1939 con v o p .J & J Southwest P ow er C o — 105 34 1st M 6s 1958 Ser C ____J & E U n io n T r a c C o . of In d ia n a — 10 0 98 1st M 6 ' s 1944 Ser A . . M & N 107 34 31 1st M 7s 1946 Ser D . .. M & S 10634 1st 5s '19 e xt a t 6 % to ’ 22 J & J S o uthw e ste rn P o w e r & L ig h t — 25 28 W est P en n R a ilw a y s C o — In d ia n a p N o r th 5s 1 9 3 2 ..J & J 90% 1st lie n 5s 1943.............._ _ J & D 91% 95 1st g 5s Ja n 1 1 9 3 1 ____A & C 9634 15 25 M u n & U n C i t y 5s ’3 6 ..J & J 89% 90% D e b g 6s 2022 Ser A ____M&S 10134 D e b g 634s 1927_______ A&C U n ite d E le c L t & P o w e r B a lt— 10 0 3 4 8 W M iss o u ri R R 5s 1 9 3 1 .M & S 98 P itts M cK e e s & Co n n ells R I is t cons g 4 % a 1929— M & N S W M o E l R y ref 5s ’ 2 3 .M & S __ 84 % 1st cons 5s J a n 1 ’31 . . J & . U n it E le c C o of N J 4s ’ 49. J & D 100 8534 S p rin g B r ’k W a te r— 5sg’ 2 6 .A & 0 West P en n T r 1st 5s 1 9 6 0 .J& I 8734 100 1st re f 5s 1965__________ A & O W P h ila Pass R y — See P h ila R I 97 34 97 M S pring V a l W a t 1st 5s ’43. M & N a Purchaser also pays accrued dividend. b Basis. d Price per share not per cent. nal, o Per cent of par value, r Canadian price. « Sale price, a Ex-divideud / This price Includes accrued interest, f Ex-rights, t Without par value. k Last sale, n Nomi- F«®, 1925.] PUBLIC UTILITY BONDS AND STOCKS 41 NOTICE.— All bond prices are “ and Interest” except where marked “ f ” and Income and defaulted bonds. Bonds and Stocks. B id . West Va L H & P 6s '2 9 .J & D 95 West Va Utilities 6s 1935.J&J 91 Westerly L & P 5s 1937____J&D Western L &P 1st s f 5s’ 25M&N Western N Y Utilities 5s’ 46 J&D 91"" Western Power Corp— Deb s f 6% s 1954_______ J&D 98 Western States Gas & Electric 1st & ref 5s 1941 o p t____J&D 95% 1st & unit 6s ’ 47 Ser A ..M & S 96% 6% gold notes 1937_____ A&O Western T& T coll tr g 5s ’ 32 J&J iooWestern United Gas & El Co— 89 Gen M 5s 1950.......... __ F&A 99% Gen M 6s 1950_________ F&A 99% West Un Teleg coll tr 5s ’ 38. J&J 93% Fdg & R E M 4 %s g ’ 50. M&N 0%8 Aug 1 1936________F&A 111 98% M u tU n 6 se x ta t5 % to ’ 41M&N 95 Northw’n gu g 4% s 1934. J&J 90 Whatcom Co Ry& Lt 5s’ 35M&N Wheeling (W Va) Elec Co— 96 1st M 5s 1941 o p t _____ M&N Wheeling Public Service Co Cons 1st 6s Oct 1952 Wheeling Trac 5s g 1931___J&J 85" Wichita R R & L t ref 5s’ 32A& 0 Wilkes-Barre G&E 5s’55 opt J&J 97% Wilkes-Barre & Hazleton RR— 46 lfa coll tr g 5s 1951..M & N 15 'c Wilkinsb & E Pitts St Ry— See hila C 96 Wliliamspt Gas— 1st g5s’39F&A Wilmington & Chester Traction. 93 Coll tr 0s ext 1933.......... A&O Wilmington (Del) Gas Co— 89 1st & ref s f 5s 1949...M & S 100% 1st & ref 6s 1949_______ M&S 103 1st & ref 7s 1949_______ M&S Wilmington (Del) Light & P Co. 89 1st M 5s 1960__________ A&O Winnipeg El— 1st ref 6s ’ 35 J&J Gen M 6s 1943__________ M&S io 5 % Wisconsin Elec Power Co— 94 1st M 5s 1954 ser A ...F & A Wisconsin Gas & Electric— 97% 1st g 5s 1952 opt 1919..J&D Wisconsin-MInn Light & Pow— 93% 1st & ref 5s 1944 op ’ 19.M&N Gen & ref 7s 1947________J&J 102% 99% Red Wing G L & P 5s 1926_ Wisconsin Power Light & Heat 88 1st & ref 5s 1946_________J&D 97% 1st 1 & d 6s 1944 ser C.M&N Wisconsin Public Service Corp— ls tl& r e 6s 1952 Ser A . A&O 100 95 1st & ref 5s 1942...............J&J Wisconsin Ry Light & Power— 91% 1st & ref 5s 1933_______ F&A 88% Wlscon Rlv Pr 1st 5s ’4 1 .M&N Wisconsin Securities Co— 101 6 % notes 1929_________M&S Wisconsin Trac L H & Pow— 95 1st M 5s 1931............... ..J&J 104% 73^8 1931_______ ____________ Wisconsin Valley Elec— 95 1st & ref 5s 1942________M&N 100 1st mtge 5%s 1942____M&N Worcester & Conn Eastern Ry— 80 1st s f g 43*s 1943______ J&J 85 Wore Con St Ry 7s 1 9 3 0 ..M&S 60 1st & ref g 4% s 1930____F&A 75 Deb g 5s 1 9 2 7 ................ M&N 70 Wore & Clint 7s 1930___J&J Worcester Gas Light Co— 105 1st M 5%s 1939 Ser A ...J & J 1st M 6s 1939____________ J&J 105 75 Wore & So St Ry 7s 1 9 2 8 ..M&S 96% Yadkin River Pow 1st 5s’ 41 A&O Yarmouth Lt & Power, Ltd— 82 1st M 5s 1937__________A&O 97% 1st refunding 8s 1951___M&N Yonkers Ry— See Third Ave Ry York Haven Water & Power— 98 1st 5s June 1 1951______ J&D 87% Cons. M 5s May 1 1957. M&N 92% York Rys 1st M g 5s ’37op J&D Youghiogheny Hydro-El Corp— 99 1st M 6s 1949___________ A&O Youngstown & Ohio River— 1st M g 5s 1935 opt ’ 15 A&O Youngs-Sharon Ry & L— See Pe nn-O P Youngs-Sharon Ry & L— See M ah & S Zanesv Ry L&P— See Col New & Zane Stocks. A sk. 98 93 92% 98% 98% 100% 91 101 100 94% 111% 93% 93 Bid. P ar. \mer W at W ks & Elec— Preferred, rkansas Li] Preferred . d 36% 100 97 74 96 17 75 80 95 d 7% Associated Gas & Elec c o m ._ (t) d 6 5 " Preferred____________(no par) d 50 Augusta-Aiken R y & E l. __ d 43 Preferred_____________ Blackstone Val Gas & — - 84 98 89 r 135 d 77 100 0 49 Brazilian Tr L & P L td ___ B ’ way & 7th Ave R R — See N Y — 94 135% 79 102 78% 93 114 97 r 55% Rys d 8 127 d 38% d 75 d 80% 233 47 • 45 98 75 Bklyn-Manhat Tran v t c._(t) Pref tern v t c____________ (t) Brooklyn Union Gas________ (f) __ Buffalo General Electric____100 105 New stock_____________ Califomia-Ore Power com. 100 91 Preferred_________________ 100 Calif Ry & Pow prior p ref.. 100 1 0 2 " Camden&SubRy— See P S Corp Canadian General Electric. 100 f r 95% Capital Trac (Wash, 15 C) 100 99 Carolina Pow & Light, com. 100 Preferred_________________ 100 94% Central Ariz L, & Pow com ..100 104 Preferred_________________ 100 Cent Arkan Ry & L Corp pf. 100 Cent Crosst RR— See N Y Rys 90 Central Ga Power com_____ 100 99 _ Cent Hudson Gas & Elec_ 100 Cent 1 1 Pub Serv, pref_____ (t) d 1 101 Cent Indiana Power, pref..100 96% CeutPkN&E RR— See N Y Rys Central Pow & Light 7% pf.100 93 Central States Elec Corp_ 100 _ 89% Preferred_________________ 100 Ches & Potom Tele of Balt pf 100 102 Chic Aur & Elg Corp v t c w 1 .. Chic City & Concom part cts (t) d 97 Pref partic ctfs_____(no par) d Chicago City Ry __________ 100 Chicago Rys partic ctfs Ser 1___ 97 Series 2_____________________ — Series 3_____________________ Series 4 _____________________ Chicago Rapid Transit Co— Voting tr ctfs for com stock.. Prior preferred______________ Chicago Sub Gas & Electric. 100 ___ 87 103 Cincin & Suburb Bell T elep. 99 89 93% 101 Preferred. d d d Cities Service Bankers shares (t) d d L Ry & L sville 105 114% 98% 55% 8% 128 39% 75% 81% 236 47% __ 99% Preferred_________________100 85 85 103 §6 ' 89% 87 100 87 195 92 4 114 27% 93" 100 85 92% 91 200 95 6) 114) 30 25 30 35 40 32% 65% 59 1st preferred_____________ 100 Preferred B stock _________ 100 Adjustment s t o c k ------------100 Preferred.. A sk. 80 80 101 169 90 48% Preferred_________________100 mluth-Superior Trac C o ___100 Preferred_________________100 66% 74" .100 33% 60 43% 76 100 95 Preferred A ______________ 100 Preferred B ______________ 100 96% 65 99 97 1st preferred 2d preferred 1200 92% 67*" 101 101 _____ 54% 92% 325 103 Preferred_________________100 100" 94 106 P re fe rre d ________________ 100 “ _ 100 Preferred ________________100 __ 32 37 85" 91% 86 93 88% 65 93 111% 94 94% — % 7 50 6 1 1% % % 7% 58 14 2 2 % 6% 7 Chris & 10th Sts R R — See N Y Rys 83% 102 Preferred. Inc New & Preferred. B id . Par 54 92% 315 101 — 82 97% Stocks. Consol W ater (Utica) c o m ..100 36% 5 % preferred____________ 100 7% preferred____________ 100 101 98 Consumers’ Gar* (T oron to)___50 r 77 Consumers P ow (M ich ), pref .100 98 6.6% preferred___________ 100 19 Continental Gas & Elec c o m . 100 7% prior preferred________100 6% preferred_______________ 97 Contln Pass R y — See Phila R T 7% Cum b’l’ d Co (M e) P & L t____50 d Preferred_________________ 100 Dayton Power & L ight_____ 100 52 Preferred_________________ 100 ayton & Western, com m on.100 Preferred_________________ 100 101 x 104% 98% Ask. 76% 61% 32% 79% 192% 81% 7% 77% 19% 32 105 _____ 83% x 200 200 % .100 .100 d 14% 15% Elec Storage Batt— See Ind & M lsc Cos — - ~ ~ 60 -See Pub Serv Corp. 93 d 73 103 .100 101 Pref ser A . .100 101 Pref ser B . 69"* 64 85 78 95 90 d ____ Lighting, p ref------ (no par) 124** 121 ix & Hudson G as_______ 100 Phila R T 37 34 56 54 135 d 132 86 % 85% Preferred_________________ 100 10 ederal Utilities.......................100 75 Preferred_________________ 100 42 39 38% 36% 75 72 Preferred_________________100 80 _____ _____ 78 63 32% 81 193% 82% 7% 78% 20% 34% 110 Preferred_________________ 100 eneral Gas & Elec C orp — (t) Cumulative pref Class A ..(+ ) Cumulative pref Class B__(t) Convertible preferred------- (t) Old cumulative pref--------- 100 __________ 100 3ostm pd._100 Preferred_________________ 100 reorgia R y & Power, c o m ..100 First pref cum 7 % ________100 First pref cum 8 % ________100 Second pref non-cum _____ 100 Preferred. d d d 80 105 90 80 120 32 77 114 78% 64 97 196 63 111 82 108 93 82 33** 83 116 80 66 98 108 65 114 23 100 24 28 99 22 Hackensack Water--------------- 25 25 Preferred__________________ 25 Harrisburg Lt & Pow, pref — 50 d ___ PUBLIC UTILITY STOCKS 205*" Par artford Electric Light------100 200 33 24% 35 92 d 24% Adirondack Power & Light. 100 93" Rights____________________ 99 101 34 7 % preferred____________ 100 35 Preferred_________________ 100 100 118 44*" 93 8 % preferred____________ 100 109 Hartford City Gas Lt, com — 25 d 42 Preferred_____ ______ 43 41 Alabama Power pref__________ Columbia Gas & E lec. . (no par) d 48% 48% Preferred--------------------------- 25 lio " 115“ 90% 105 Alabama Tr, L & P, com___100 107 89% Preferred______________ Havana Elec Lt & Power— 100 85 95 __ Preferred_________________ 100 Preferred_________________ 100 101% 102 % 25 __ Albany Southern RR com ..100 — Helena Lt & Ry com-----------35 Preferred_________________ 100 138 Preferred_________________ 100 125 All America Cables Inc____100 122 138 Holyoke Street R y----------------100 6 Houghton County Elec Light. 25 Allegheny Trac— See Phila Co 100 102 20 Amer Dist Teleg (N J )____100 102H 105 115 18 Preferred__________________ 25 62 American Electric Power C o .50 94 Preferred A . 95 Houghton County Tr, com. 100 96 % 97' Preferred. _______________100 84% 85% Preferred_________________ 100 93 American & Foreign Power— d 17 19 Houston Gas & Fuel, pref— 100 126 Allot ctfs for pf & com 25% pd 124 134% 135 123 Hudson County Gas________100 120 d34 34% Common new____________ (nopar) 98 94 d 120 121 Illinois Pr & Light 7% pref. 100 d91 91% 85% Preferred new____________ (nopar) Illinois Nor Utilities pref— 100 74 75 Amer Gas & El com____ (no par) 99' Preferred. 80% 81% Illinois Traction, com--------- 100 45 46 Preferred__________________ 50 40 45 Preferred_________________ 100 r 91% 138 Amer Gas of New Jersey____100 137 27 108 110 Ilium & Power Securities_ 100 _ 142 144 8% preferred. Amer Light & Traction____100 118 120 85 80 Preferred_________________ 100 94 95 Preferred_________________ 100 195 Indiana Lighting___________ 100 56)4 Amer Pow & Lt com new 57% 99 78 75" Indiana Service Corp, com. .100 89 Preferred_________________ 100 54 87)4 56 80 76 Preferred_________________ 100 d ____ Optional warrants 1931 55 57 Indiana Union Traction____100 92 88 Amer Pub Serv 7% pref___ 100 32% Indianapolis Gas____________ 50 d 53" 75 85 122% Amer Public Utilities_____100 35 Indlanap & Southeast Tr, pf.100 89 91 7% prior pref erred________100 110 47* Indianapolis Street Ry C o ..100 51 75 6 % % cum pref Ser C ____ 5% partic preferred______ 100 106% 107 95 Indlanap W W Sec. pref____100 47 45% Amer Teleg & Cable guar___100 Consolidated Gas ( N Y ) . >ee under N Y City Indlanap Water Co pref____100 S Amer Telep & T eleg________100 132% 132% 30 Corp. Interboro R T vot tr ctfs..1 0 0 29% 100 o. Internet Ocean Teleg (guar) .100 95 a Purchaser also pays accrued dividend, d Price per share, not per cent, t New stock. A Bx-stock dividend, k Last sale. I In L ondon. • N om inal, r Canadian price, s Sale price. u Ex-warranta. v Old stock, x Bx-dlvldend. y Ex-rights, t W ithout par value. 25 Preferred. leve Elec II 6% prefei 35 45 50 220% 103 42 PUBLIC UTILITY STOCKS Stocks. Bid. International Ry v t c______ 100 Internat Telep Sc Teleg_____ 100 Jacksonvilie Traction, com ..1 0 0 Jersey Cent Pow & Lt c o m ..(t) Preferred_________ 100 Kan City Pr S Lt 1st pf ser A (t) c Kansas City Power Secur_ (f) _ Preferred____________ (no par) Kentucky S Preferred_________________ 100 Kentucky Utilities, pref____100 Kentucky Sc W Va Pow, com .25 Preferred Keystone Key System Transit pref. Prior preferred______________ Knoxville Pow & Light pref. 100 19)4 92 5 35 27 92)4 99 ____ ____ 75 69 d d d d ____ d 6 d 26)4 d m i 98 132)4 81 Preferred. r 94)4 Lehigh Power Securities____(t) d 105M d d Louisville Railway Co. -----34 % 91 62 d 56 205 Mackay Cos.— See Mlsc. Cos Manitoba Power Co_ (no par) _ 20 90 47)4 Manila Elec Corp__________ (f) d 29)4 Marlon (O) Water com____(f) d 45 7 Market St Ry (San Fran) Preferred_______________ 26)4 51 19 Second preferred. 68)4 65 d 39 85 110 d 98)4 d -----d -----r -----d 85 93)4 101 105)4 84)4 d 97 37)4 88 88 265 Co. Monongahela St Ry— See Phila Co d 21 d 21 67)4 Preferred. 108)4 r 170)4 t -----r 167)4 r 85 Debenture 5 % stock. ) r ---- d 25 Mountain States Pow com. 90 108 M U I/0.1U U l/O lo io t AOL 1 XU U I/O O J_ Municipal Gas (Albany)____1 3 165 Narragansett Electric_______ Jd 67 3 11 3 40 d 180 d 97)4 3 98 3 21 3 88 0 81 5 51 0 3 0 70 0 0 New Haven WaterPreferred. Preferred___ NewYork City- 0 5d 0d 0 (3 0 0 0 )d 0d 0 0 0 0 0 68 12 95 102)4 41)4 83 92 ----------53 82' 76)4 57)4 ---------------17 9 0 0 0 0 0 34 0 0 Sixth Ave. 8 30 68 15 7 77 36 61 0 Preferred. 0 0 111 ) d 5d 0 5d 0 Od 53 28 107 27)4 -----46)4 A it . /P urchaser also pays accrued dividend, » Nominal. rCanadlan price. « Sale price Stocks. P ar. B id . Northern N Y Util, Inc, com .25 d ____ 20)4 * Preferred_________________ 100 101 92)4 T S 7 North’n Ohio Pow w if & as is___ — i North Ohio Tr Sc L pref 6 % . 100 30 f 45“ Nor Ontario Lt Sc Pow com. 100 95 Preferred_________________ 100 70)4 104 100)4 I Northern States Power_____ 100 97 Preferred_________________ 100 — r Northern States Pow of Wise.— 94 80 Preferred_________________ 100 73 r Northern Tex Elec Co com ..100 Preferred_________________ 100 — r 31)4 Northwest Electric_________ 100 96 Preferred_________________ 100 42 6% t Northwestern Teleg (guar)_ 50 _ 28 C Ohio Bell Telep pref________100 107 Ys — —c Ohio Cities Gas— See Pure Oil Co 88 C Ohio Fuel Corp______________ 25 33 H 100 C 98 Ohio Gas A Electric pref____ 100 134 C Ohio Public Serv pref A ____ 100 l6 “ - - - - Ohio Traction— Common___ 100 ( 41)4 2)4 Preferred_________________ 100 23 ( Oklahoma Natural Gas______ 25 29)4 7 ( Omaha Sc Council Bluffs____100 42“ Preferred_________________ 100 116 ( Ottawa Light, Heat S Pow. 100 101)4 c Preferred_________________ 100 100 65 Ottawa Traction____________100 II— ( 35 C Ottumwa (la) Ry <e Lt pref. 100 f 16“ ------] Pacific Sc Atlantic Tel (gu)_ 25 _ 34 I 103)4 Pacific Gas Sc Electric______ 100 64 96 )4 First preferred___________ 100 58 I Pacific Light Corporation— 100 160 215 Preferred_________________ 100 109“ Pacific Telep < Teleg--------- 100 fc I 23 95 Preferred_________________ 100 96 T Paducah Tr S Light com — 100 c 47)4 100 80 29)4 I I 100 46 I 84 .100 99 9 I .100 31 98 -100 52 -(+) d 62 23 par) d 101)4 87 69)4 .100 66 .100 102 42 92 .100 7% 90 1 (t) d 101 115 ____ 100 100 .100 114 — ...50 d 53)4 . .30 d 35 5% ..5 0 d 46 6% 86” —50 d 20 94 ...50 d 37 102 ..5 0 d 20 ____ .100 106 Federal St A Pleasant Val„.25|d 100 Monongahela Lt & Pr_____ 50 d 39 39 Monongahela St Ry_________ 50d 21 90 Hltosburgn A B’ hamTr____ 50 _ _ 21 Sub Rap Tran St Ry______ 50 275 United Traction pref______ 50 41)4 40)4 Preferred_________________ 25 22)4 Philadelphia Rapid Transit..50 40 22)4 Citizens Passenger guar___50 d 200 70 d 70 Continen Pass Ry ($29 pd).50 111 Fairm’t Pk S Haddlng'n— 50 d 35 c 171 d 245 Frankf’d <e Southwark Pass 50 f 51 75 Germantown Passenger_ 50 _ ____ 75 Green < Coates Sts ($15pd) 50 fe 85)4 25 Hestonvllle M & F com____50 d 40 Preferred________________50 27 Phil Cy Pass Ry ($22)i p).50 d 105 95 Phila <e Darby Pass R y____50 d 23 f 110 Phil S Gray’s Fy ($25 pd).50 d 58 c 170 Philadelphia Traction_____ 50 d 63 69 Ridge Ave Pass ($28 pd)___50 d 165 ____ 2d S 3d Sts Ry guar______ 50 d 170 c 13th S 15th Sts Pass Ry___50 d 170 c 190 Union Pass ($30 5-6 pd)_ 50 d 110 _ 99 Union Traction ($17% pd).50 d 41) 99 West Phila Pass guar_____ 50 d 140 23 Phila <c Western Ry com_____ 50 d 16)4 f J 90 Preferred__________________ 50 a — — 83 94 Pine Bluff Co pref__________ 100 52 Co Pittsb < Birm Trac— See Phila fc Pittsburgh Utilities 7 % pref_10 d 14 — d 14 Pref vot tr ctfs_________ Portland (Me) Gas Light------50 d 58 47 Portland (Ore) Ry L Sc P ..1 0 0 16 96 Prior preferred___________ 100 75 1st pref__________________ 100 103 70 2d pref___________________ 100 42 Porto Rico Rys Ltd_________ 100 r ____ _ _ Preferred_________________ 100 r 84 95 Power Securities com________(t) d 17 d 46 Second preferred_________ ( Providence Gas_____________ 50 d 67 55% Public Serv of Colo pref____100 94 92 Public Serv Corp of N J,(no par) d 70 76)4 d 25)4 Rights_________________ 58)4 8% preferred____________ 100 110 7% preferred____________ 100 101 Camden S Sub ($5 p a id )..25 d ____ c 25c! 43 Consolidated Trac of N J.100 Rapid Transit St Ry Co. .100 115 12 So Jersev Gas S Elec Trac 100 120 c Pub Serv El & G 6% p re f.. 100 16 2' Public Serv Elec Pow pref___100 89 38 Public Service Invest p r e f..100 Public Service Co of Nor 111. (t) d 112)4 22 93 6 % preferred____________ 100 7% preferred____________ 100 105 53 37“ Puget Sound Power < Light. 100 fc 84 6% preferred____________ 100 7% preferred____________ 100 a 104 38 Quebec Power c o m _________100 r 87 63 Preferred_________________ 100 r ____ i n X Quebec Ry, Lt, Heat Sc Pow. 100 r 37 Railways Company General. .10 d 7 28 Vs Rap Tran St Ry— See Pub Serv Corp Reading Traction____________ 50 d n 2 2 )4 City Passenger R y_________ 50 d 95 27)4 63 East Reading Electric Ry__50 d 50 47)4 Reading Transit & Lt, cl B pf50 d 39 A it [ V o l . 120. Stocks. P ar. B id . A it . 62 Republic Ry & Light, co m .. 100 60 103 75 Preferred_________________ 100 70 k 7)4 Richmond Light < R R _____ 100 88 fc 82 72)4 Rochester G < E 5% pref...1 0 0 106 48 7% preferred____________ 100 104 74 1)4 RoihA Syracuse RR c o m ... 100 )4 20 106)4 Preferred_________________ 100 18 65 St Jos Ry, Lt Sc Pow, p ref.. .100 63 99 San Joaquin Light Sc Power. 100 35 Preferred A 7 % __________ 100 100)4 68 Prior preferred___________ 100 100 73 Savannah El S Pow deb stk. 100 104)4 107)4 c 7 33 Scioto Valley Trac, com____100 60 98 First preferred___________ 100 35 45 Preferred_________________ 100 109 Siawlnlgan Water Sc Power. 100 r 137)4 137)4 20 18)4 Sierra Pacific Elec Co c o m .. 100 82 84 Preferred_________________ 100 33)4 65 Somerset Un Sc Middlesex Lt 100 102)4 100 103)4 South Calif Edison, com____100 106 14 7% preferred____________ 100 105 42 8% preferred____________ 100 116 29)4 S rntnern Canada Power____100 r 71 Preferred_________________ 100 22 50 South S Atlan Teleg (guar)..25 d 25“ c 145 148 Southern New Eng Telep_ 100 _ Southern Pr & Lt com______ (t) d 50 Southern UtUltles.com_____ 100 Preferred_________________ 100 19 So ler Gas, El S Tr— See Public Service Corp. c 104 Southwestern Bell Telep prof 100 108)4 108)4 97 99 97 Southwestern Pow & L pref. 100 Southwest Missouri R R ___ 100 38“ Sorlngfd(Mass)StRyCos preflOO 93 120 Sprngfleld (Mol Ry Sc L, pref 96 96 Spring Valley Water. _____ 100 43)4 Standard Gas S Elec com _ (t) d 43 14 c _ 96)4 _ 7%'Cum prior preferred_ 100 52% 83 8% cum preferred__________ 51)4 86 Standard Pr & Lt Corp pref (t) d ____ S uburoau Electric Secureuio par) id 100 1st preferred_____________ 100 2d preferred . fno nar)[d 63 103 Suburban R T St Ry— See Phila Co 90 Superior Water, L <z P, com. 100 104 Preferred_________________ 100 95 Tampa Electric C o_________100 175 52 101)4 Tennessee Elec Power, co m .-(t) d 50 130 96 1st preferred (7 % )________ 100 95 85 115 80 1st preferred (6 % )________100 74 53)4 2d preferred________ (no par) d 73 5 Terre Haute- Ind S East____100 c 2)4 47 17)4 Preferred_________________ 100 15 94 25 Terre Haute Tr & Lt, pref ..1 0 0 91 14 Third Avenue Ry (N Y ) ____100 13)4 96 Tidewater Power 7% pref. .100 i o i 92 ... 104 107 8% pref stock____________ 100 c 13)4 Toledo Bowl Green S So, pf.100 112 42 Toledo-Edlson prior pref____100 Toronto Railway___________ 100 82' 85 Tri-City Rv S Light,pref___100 c 7 9 Tri-State Telep Sr Teleg_____ 10 d 10 Preferred__________________ 10 d 8 62 64 41)4 Troy (N Y) Gas______ (no pan 41)4 13d Street— See N Y Railways 62 40)4 Twin City Rapid Transit___100 61)4 210 94)4 98)4 Preferred. __________ . .100 99 102 80 Union St Ry(NewBed,Ma8S)100 1 40 Union Trac of Ind.com_____ 100 7 250 First preferred___________ 100 78 2)4 Second preferred_________ 100 85 United Elec of New Jersey..100 110 22)4 25% 29 United Elec Ry (Providence) 100 45 United Electric Secur, Dref.. 100 100 32 34“ 115 United Gas Sc Elec com____(t) 81 83 28 Preferred_________________ 100 58 63 62 United Gas S El of NJ 5% pf. 100 c 63)4 United Gas Improvement___80 d 9154 91)4 58 175 Preferred____1_____________ 80 d 57)4 175 United T Co of New Haven 100 257 il 50“ 175 United Light <c Power com A(t) d 49 f 60 120 Com class B _____________ (t) d 55 86 42 Pref class A _____________ (t) d 85 43 44 150 Pref class B_______________(t) d 15c. 25c. 17 United Rys of St Louis, com. 100 6 5H Preferred_________________ 100 97“ United Rys < Elec(Balt) .corn.30 ------ 1» 18% fc 20 1 2 1 United Rys Investment C o .. 100 54 53)4 14)4 Preferred_________________ 100 20 14)4 United Utilities____________ 100 80 62 Preferred_________________ 100 98 100 49 Utah Power < Light p r e f... 100 fc 49)4 98 50)4 Utah Securities Corp..............100 99 102 77 TTtica Gas A Electric pref 100 25 73 25)4 Utilities Power & Light cl A .( .) 65 67 39)4 Virginia Ry A Power, com ..100 86 89)4 Preferred_________________ 100 90)4 75 80 20 Virginian Power Co, com_ 100 _ 6 50 Wash Balt S Annapolis______ 30 c 6)4 15 69 Preferred__________________ 80 59“ 96 57)4 Washington (D C) Gas______ 20 101 70)4 Wash (D C) Ry S El, c o m .. 100 100 c 82 81 26 Preferred_________________ 100 110 114 113 Washington Water Pow C o. 100 35)4 35)4 102 Western Power Corp________ 100 84 85 Preferred_________________ 100 Western Rys S Light, pref ..1 0 0 c 23 is " Western States Gas Sc E lec..100 86 Preferred_________________ 100 121 95 Western Union Telegraph.. 100 121)4 West’house Elec S Mfg— See un der Mis cell c 104)4 104 91 West Penn Power,prer______100 93 West Penn Railways, p r e f..100 114“ 94 West Penn Co com___________(t) d 100 96 96 % 106 7% preferred____________ 100 43 54)4 West Virginia Utilities, pref-.SO 39)4 45 44 85 Winnipeg Electric R y_______ 100 92 92)4 107 Preferred_________________ 100 88 Wisconsin Edison, com______100 Wisconsin-Mlnn L&P, Sea Nor 8 i a t e Pow of Wis. 96 100 Wisconsin Pub Ser Corp pf.100 Wisconsin Telep 7 % p ref.. 100 109 45 York (Pa) Railways, com____80 37 36 Preferred__________________ 50 15 100 Youngstown Sc Ohio Riv RR 100 60 Preferred__________________ 100 44 d Price per share, not per cent. ( New stock. 3 Es-stock dividend, t Last sale « Ex warrants, v Old stock x Et-dlvldend g Ex-rights t Without par value. % l la London 43 INDUSTRIAL AND MISCELLANEOUS SECURITIES Under the heading “ Industrial and Miscellaneous Securities” we Include all Issued which do not appear under the previous two headings, namely. •Railroad (Steam)” and “ Public Utilities.” In the case of stocks, however, we put “ Textile M anufacturing," “ Insurance,” “ M ining,” “ Real Estate end Land,” “ Title Guarantee and Safe Deposit Companies” under separate heads, then follow with the rest of the “ Industrial and Miscellaneous.” N O T IC E .— All b o n d prices are “ an d In terest” ex cep t w here marked “ f ” an d in com e and d efa u lted bon ds. Bonds. B id . A sk. Bonds. Bid. Ask. B on d s. 9734 / Alabama Cons Coal & Iron— 85” 78 9934 9534 „ 9534 C 1& 334 334 8234 91 102 107 9934 100 1st ref s f 734s 1941. _ __F&A American Beet Sugar Co— Conv s f deb 6. 1935____I ___ Amer Chain deb 6s 1933_ A& o _ 9734 99 Amer Chicle— 6s '25 '2 7 ..A & 0 SenSenChlc6sJ’n el4 ’ 29 J&D 8834 Amer Cot Oil g 3s 1931 opt MAN 9234 American Ice Securities— American Ice C o— R E 1st < S 103 gen s f 6s ’ 42 opt ’ 13 .F&A Am M ach & Fdy s f 6s 1939 A&O 9834 96 in i Republics Gorp os '61 . A&U Amer Rolling Mill 6s, 1938 .J&J 10134 Amer Smelt & Ref 5s 1947. A&O 9634 105 1st M 6s 1947 Series B ..A & 0 Amer Sugar Refg 6s 1 9 3 7 ..J&J 10134 American Sumatra Tobacco— 97 734 % s f conv notes 1925 J&D American T ype Founders— 101 Deb gold 6s 1926______ M&N 101 Deb gold 6s 1937............ M&> 101 Deb gold 6s 1939______ M&N Amer Writ Paper s f 7-6s ’ 39J&J / 4734 Temp Interchange ctf dep____ / 45 Anaconda Copper Mining— 1st con 6s 1953 Series A ..F & A 10034 10334 Conv deb 7s 1938______ F&A 6% gold bonds 1929 Ser A J&J 10334 100 Andes Cop Min deb 7s 1943 J&J 10034 auglo-Amer Oil 7 34s 1925. A&u Antllla Sugar Co— 1st M 734s 1939 Ser A ..J & J s 9134 Armour & Go of Delaware— 92 1st M 534s 1943 Ser A ...J & J Armour & C o— Real estate 1st 8734 gold 4Ws 1939 o p t ______ J&D Associated Oil 6% notes’ 35M&S 102 Associated Simmons Hardw Cos — 6 34 % gold notes 1933____J&J Atl Fruit & SS deb 7s ’ 34.J& D Certificates of deposit_______ / 18” Ctfs of deposit stamped_ / . . . . _ Atl Gulf & W Indies SS Lines— 6834 Coll tr g 5s Jan 1 1959_ J&J _ 9834 Atlantic Refin deb 5s 1 9 3 7 ..J&J Atlas Port Cem 1st 63 ’ 25.M&8 Baldwin Locom otive Works— 1st s f 5s 1940 opt aft ’ 15 M&N 10234 Baragua Sug (Comp Azucarera Baraqua) 734s 1 9 3 7 ..J&J 15 101 Barnsdall Corp 8s 1931 A .J& J 10434 94 Beech Creek C & C 5s ’ 4 4 ..J & D 83 Booth Fisheries s f 6s 1926. A&O Bethlehem Steel Corporation— 88 Cons 8 f 534s 1953 Ser B .F & A 95?4 Con m 6s Aug 1948_____ F&A 9534 Cons M 6s 1948 Ser A _ F&A _ 100J4 Beth St 1st ex g 5s ’ 26 g u . J&J 111 Beth St pur m 6s Aug ’ 98.Q -F 9534 Beth St 1st 1& ref 5s ’ 42. M&N 92 Purch money 5s 1 9 3 6 ..J&J Beth Steel eq tr 7s 1935.A & 0 104 98 Penn Mary Steel 5s 1937. J&J Borden Mills, Inc— 9834 First mtge s f 6s 1934._F&A 86 Boston Term C o— 3 34s’ 47. F&A 98)4 Brier Hill Steel 5 34s, 1942..A& O Brunswick-Balke-Collender Co 6% serial notes 1926-29.J&J 100 Buffalo&Susq Iron 5s 1932 J&D 9134 D eb g 5s Jan ’ 26 opt ’ 10.M &S 86 Bush Term 1st 4s 1952____A&O 8634 Cons g 5s Jan 1955______ J&J Bush Terminal Buildings Co— 9434 1st s f gold guar 5s 1960. A&O By-Products Coke Corp— lst& ref s f 8s ’ 36 Ser A.M & N 16234 Calif Petrol 634s 1933 ____A&O 93 Camaguey Sugar 7s ’ 4 2 .A&O 15 Canada Cem ’ t 1st 6s ’ 29 op A&O r __ Canada SS Lines 7s 19 42.M&N 9»34 Deb 5s Aug 15 1943..F& A 15 r 78 Canadian Car & Fdy C o, Ltd— 1st s f gold 6s 1939______ J&D r IO234 Canadian Cons R ubber, Ltd— G old 6s 1946 opt 1911 A&O r 9834 Canadian Cottons 5s 1940.J&J 2 rn 9034 10734 Canad Gen Elec 6s 1942___A&O Central Foundry 6s 1931..F & A 9234 Cent Hud St’b ’t 5s Apr ’ 33 A&O 16634 Central Leather 5s 1923___A&O 9634 l s t l s f 6s 1945__________ J&J Central Steel— 1st 8s 1941 M&N 11234 Charcoal Iron o f Amer 8s 19 31.. Chic Jet coll tr ref g 4s ’ 40.A& O 8434 97 Coll trust ref 5s 1940____A&O / / 6 Basis. /T h is price Includes accrued Interest, Bid. Ask. 10 1 Chicoutimi Pulp 6s 1943___J&J Humble Oil & R 534s’ 32. J&J 15 1 0 0 3 4 112 110 Illinois Steel deb 4 34s 1940. A&O 9334 93K 9934 Childs Co 6% notes 1929.J&D ____ 75 10 2 Independent Brewing 6s’ 55_ J&J 100 Cities Service Ref 7s 1933 ..J & J 94 — 87 Indiana Coke & Gas 6 s ’ 46 A&C 79 Clearfield Bit Coal 4s 1940.J&J 9234 10 2 Indiana Steel 1st 5s 1952 . M&N 10234 Clev Un Term — See Steam R R s. 79 — — (ndianap Abbattolr 7 3 4 s _____ 93 Clyde SS 1st 5s 1931 o p t..F & A 100 91 Col Fuel & Iron sf 5s 1943. F&A 9234 Ingersoll-Raud 1st g 5s Dec 31 96 1935 opt Dec 31 1910 .J&J Colorado Industrial— 9834 — 1st g gu 5s ser A&B’ 34optF&A 8234 Inland Steel 1st 6 s 1925 28. A&O S 1H 97 Imernat Agricultural C orp— Columbia Graphophone M fg— RR. 83 71 Ist&coll t r s f g 5s’ 32 o p . M&N 8 % gold notes Aug 1 ’ 2 5 .F&A 73 5 — Stpd ext to 1 9 4 2 .. . M&N New York Tr ctfs of dep____ 6934 5 Internet Mercantile Marine— Guaranty Tr ctfs of dep 1 st M coll trust 6 s 1941. A&O _ 9034 8234 Com m ’l Credit 63 1934_ M&N 9034 99 34 9934 92 International Paper— Oomputing-Tabulattng-Rec Co 103 1st & ref s f 5s i947 Ser A .J& J 10234 8834 8834 Sinking fund gold 6s 1941. J&J ____ 10714 Consol Textile 1st 8s 1941.J&D 95 94 1st & ref 5s 1947 Ser B __J&J 83 100 Consol Coal 4 34s 1934 o p t. M&N s 94)4 s 9434 Internet Salt g 5s 1931 op .A & O 8134 ____ 88 1st & ref s f g 5s 1950__ J&D 10034 8834 Internet Sliver 1st 6 s 1948.J&D 106 ____ Continental Pap&BagMllls Corp Debenture 6 s 1933_ _.J&J _ 10034 96 — 88 89 Iron Steambt gen 4s 1932.A & 0 1st & ref 634s 1944 Ser A F&A 99 100 Jefferson & Clearfield Coal & Ir Corn Prod Ref s f 5s 1931.M&N 101 91 94 10 I 1st g 5s 1934 s f ________ M&N Indiana Co 1 st s f 3s 1950 J&J 100)4 90 10 134 Cramp(Wm)SonsShip&EngBldg Jones & Laughlin St 5s ’ 39. M&N 1 0 1 98 10 0 9334 Jurgens (Anton) Un (Margarine) 1st M g 5s 1929 o p t _____M&S 97 Wks conv 6 s 1947(/Zaf)._J&J / 9034 9034 Crew L evlck C o 1st 6s 1931.F&A 9734 Crown Cork & Seal 6s 1942 F&A 7534 7534 Kayser (Julius) & Co— 10 2 3 4 103 1st M s f 7s 1942____F&A 15 10334 Cuba Cane Sug deb 7s 1930. J&J 9534 9534 10 1 99 34 Conv deb 8s 1930_______ J&J Kelly-Sprlngfield Tire Co— 100)4 8 % g notes M ay 13’ 31M&N IS 9834 9634 Cuba (The) Company— 9834 10 2 104 10134 Conv sec s f 6s 1935____J&J 9834 Keystone St & Wire 8 s '41 .A & O 97 Ouban-Amerlcan Sugar— Kinney (G R ) Co 7 34s 1936.J&D 10634 10734 55 Knight rn R & F ' 7s 1930.M &S 1st M coll 8s Mar 15’ 31M&315 10734 108 105 34 5334 102 Cuban Dominican Sugar Co— Krupp (Fried.) Ltd— ____ 7% dollar notesD ecl5’29J&D 1st lien s f 734s 1 9 4 4 ...M & N 9934 97M 97 34 ____ k 92 34 92 98 93 La Belle Iron Wits 1st 5 s '40. J&D Cudahy Pack s f 5s 1946._J&D 93 1st & ref 6 s 1940 _____ .J& D 10234 10334 Sink fund deb g 5)48 ’ 37. A&O 9334 91 10134 De Bardeleben Coal Corp— Lackawanna Steel 5s ’ 5 0 .-M&S 9034 18 7% Lake 8 uper Corp inc 5s ’ 24-O ct / 17 10234 1st m 634s 1925-’ 43____ J&J 67.25% 104)4 » 45 4634 102)4 Deere & Co 7 )4 % notes’ 31 M&N 1st & coll trg old 5s 1944. J&D 10434 78 4734 Dery D G ) Coro 7s 1 9 4 2 ..M&S Lehigh Coal & Navigation— 77)4 92 — 4534 Denver Union Stock Yards— Funding 4s g July 1 1948.J&J ____ 99)4 97)4 First g 5s 1926_________ J&J 10034 Cons s f g 434s 1954_____J&J 99 R R oi NJ p 31 100341Dewees(W) W ood Co 5s’ 30 m & n Leh & W-Barre Coal— See Cent 103 34 D old (Jac)Pack 1st 6s’ 42.M & N 85 8634 Liobv.M cN & Libby 7s’ 31 M&N s 1 0 2 3 4 s 102 34 10334 Domln Coal 58 '4 0 op ’ 10..M &N 88 90 Liggett & Myers g 7s 1944. A&O 11734 11734 100)4 Dom inion Glass C o, Ltd— 99 Gold bonds 3s 1951___ F&A 9834 97 10 0 10034 1st s f 6s June 2 1933__ J&D2 Little (A E) Co 7s 1 9 4 2 ..A & 0 Dom ln Iron & Steel 5s 1929.J&J r 92)4 Lorlllard (P) Co g 7s 1944. A&O 11434 11534 s 92 66 Gold bonds 5s 1931 _ F&A 9634 9634 Consol 5s 1939 _________M&S 65 34 10 2 90M 10 1 91 Douner Steel 7s ls * z ______ J& j Lukens Steel 1st M g 8s’ 40M&N 9234 Dunlop Tire & Rubber C o— Magma Cop conv 7s 1932. .J& D 12634 127 83 88 1st m 7s 1942 Ser A _ J&D s 10234 s 103 _ Mallory SS 1st s f 3s 1 9 3 2 ..J&J 87)4 du Pont (E 1) de N em Powder— M anatf Sugar 1st 734? ’ 42. A&O 10034 100 34 102 34 ____ Marland Oil 8 s 1931 SeT A . A&O 106 10634 Gold 4 34s June 1 1936_ J&D _ 91M 135 130 du Pont (E I) de Nemours & Cc With warrant attach ed______ 107 )4 a 83 108 Gold 7 34s M ay 1 19 31..M&N S f g 734s 1931 Series B .F & A 12534 104 10434 104 34 10534 W ithout warrants attached Eastern Cuba Sug 7 34s’ 37.M & S 25” Eastern Steel 5s 1931_____ F&A 82 85 Maxwell M otor s f 7s 1934. M&S 10034 1 1 2 100 10 0 97 3934 Elk Horn Coal 6s 1925___ J&D 10034 McMvIer Interstate 7s ’ 43 J&D 108 107 Empire Refg 1st 6s 1927_ F&A _ M id-Continent Petrol Corp— 69 j Fairmont Coal 5s 1931--------J&J — 9734 9834 1st s f 634s 1940 . . . M&S 9734 97 99 98 34i Farmers M fg Co 7s 1 9 4 3 ..M &S Mi tvale Steel & Ordnance— 90 98 Federal Sug Ref 6s 1 9 3 3 ..M & N C >nv s f 5s 19 36.. . . M&‘i 9734 8934 99 10 1 Federated Metals s f 7s ’ 3 9 .J&D 103 34 i 104 34' Miller (I) & Sons 7s______ 1934 103 1 1 0 3 4 M onon Coal— See Chic Ind & L R y p 32 Fisk Rubb Co 1st 8s 1941 .M &S 110)4 81 90)4 Framerican Ind & Dev Corp— Morris & Co l s t s f 4 34s’ 39. J&J 10334 10 2 10 2 3 4 95 1 7 34% gold notes 1930 .M & S Deb 734s 1942___________ J&J 9434' 105 __ 10 5 Francisco Sug 734s 1942.M&N15 7734 10534 M tge-Bond Co 4s Ser 2 ’ 6 6 A&O 96 Galr (Robert) Co 1st 7s ’ 37. J&J s 101 s 10134 5s Series 3 1932_ __ _ J&J 9634 9634 105 98 8434 lalena-Signal Oil deb 7s’ 30 A&O 10534 Murray Body 1st 634s 1934 J&D 9834 93 General Amer Tank Car Corp— Nat Acme 7 Ms 1 9 3 1 ___.J& D 9234 10234 103 34 Nat Cond & Cable 6 s ’ 27 A&O J -----___ Equip tr 7 34s 31 Ser GQ . A&o 8834 96 ___ Equip 534s 1925________M&N 6 5% Certificates of d eposit_______ / -----96 10 1 98 Equip 5)4s 1926 & 1927.M&N 100 Nat Enam & Stpg 5s 1929. J&D 101 100 Equip 534s 1928-1934..M&N 1 0 1 3 4 Nat Leath 8% notes ’ 25 M&N15 10134 10134 113 * 1 0 5 3 4 Nat Starch deb 5s 1930 gu . J&J Jen Asphalt conv 8s 1930.J&D 9934 9934 95)4 Conv s f 6s 1939________ A&O National Tube 1st 5s ’ 52. .M&N 10134 10134 102 1 0 5 3 4 Natomas Co gen 6s 1933 . J&J 60 105 9234 Gen’l Baking 1st 6s 1936.-J&I 6834 10434 General Cigar 6s 1925------J&D 10034 1 0 1 3 4 New Eng N av— See N Y N H & H R R 99 101 99 Serial 6s 1935___________ J&D 10134 1 0 2 3 4 New Eng Oil-&Ref 1st 8s’ 31M&8 99 Gen’l Elec 334s 1942 o p t..F & A N J Zinc 1st 4s 1926______ A&O 84)4 9834 103 Deb g 5s ’ 52 tax-ex N Y .M & S NewNlquero Sugar 7s, 1932 J&J 103 10134 1 0 2 88 90 88 General Petroleum Corp— New River Co 1st 5s 1934 J&J 99 94 96 7% sf g notes F e b l5 ’ 31F&A15 10634 10634 Newport Co 7s 1932 _____ M&S 6% g notes Apr 15 ’ 28. A&015 IOO34 1 0 0 3 4 N Y AirBrakelst6s’28 conv M&N 104 10434 Conv 6% notes 1927..M & S15 78 N Y Dock C o— 1st g 5s ’ 51.F&A 10134 Jen Refractories 6s 1952. .F&A 90 10034 1 0 1 3 4 N Y & H ob F ’ y 5s M ay ’ 46 J&D 85 88 s 93 74 Hoboken Ferry 5s 1946. M&N 16234 1 0 2 3 4 N Y & N J Ferry— 3s ’ 46. J&J 86 8634 Goodyear T & R ub 8s ’41 . M&N 119 J 120 79 N Y Shtpbldg 1st 5s N ov 1 1946 8034 Deb s f 8s M ay 1931___ F&A 10834 10934 New York Steam 6s 1947.M&N 9834 98 34 33 31 9534 Granby Con M in Smelt & Pow— Norwalk Steel 434s 1 9 2 9 .. J&J 74 71 1st conv 6s 1928 Ser A _M&N 9334 9934 N ova Scotia S & C 58 1959 .J&J 96 71 Stam ped__________________ 68 O’ Gara Coal 5s’ 5 5 o p a ft’ 08M&S 9334 16274 93 Conv deb 8s 1925______ M&N 9434 Ogilvie Flour Mills 6s ’ 3 2 ..J& D r 104 95 9334 Gray & Davis conv 7s ’ 32.F&A Series B ________________ _ r 104 9534 103 Gulf Oil of Pa deb 5s 1937.J&D Series C . . ______ . . . . . r 104 98 34 9934 98 Old Ben Coal 1st 6s 1944.F&A 9934 Hanna (M A) Co— 9734 79 98 99 Deb g 6s 1934_________F&A Oswego Falls Corp 8s 1942. F&A Havana T obacco 5sl922_ J&D / 40 _ 60 Otis Steel s f 8s 1941______ F&A 9934 100 94 1st s f 734s 1947 Ser B ..F & A 9334 100 IstM &col tr 6J43’26-’36 M&N Pacific Coast C o— G 5s ’ 46. J&D 8334 „ 8934 100 Hershey Chocolate 6s 1942M&N 103 34 104 Pac Fruit Express E q — See So uth Pac Corp 35 Hoboken Land & Impt C o— Pan-Amer Petrol & Transp Co 80 ___ _ 1st M g 5s N ov 1930_ M&N 1st lien equip 7s 19 3 0 .. F&A 10534 10534 32 96 / 29 S f 6s 1934 temp ctfs..M & N 10834 109 101)4 10134 Park Lexington— 85 95 96 16634 1st leasehold s f 634s ’ 5 3 .J&J / 8434 97 97 96 Park & Tllford s f 6s 1936 J&D 98 101 113 1st 7s 1938.....................F & A 99 Penelec Coal 634s 1944 . F&A 99 3„ 100 103 Penick & Ford 634s ’43 . _J&D 101 10234 102J4 Penmans Ltd— lst5s’ 26opM&N r 97 ” ” / 35 40 — 98 Pennsylv C & C 1st 5s’ 32 op J&J — Penn M ary Steel— SeeBethSteel EO S B O N D S k Last sale, n Nominal, rCanadian price s Sale price. 44 INDUSTRIAL AND MISCELLANEOUS BONDS AND STOCKS NOTICB.— A ll b o n d p rlcesja re “ and In te rest” ex cep t w here m arked Bonds. Bid. Bonds. Ask. Pennsylvania Steel— P aA M d Steel con g0s’ 2S M&S io o }4 Span-Amer Iron 6 s 1927.JAJ 10 14 Phlla A Read C & I 5s 1973 . JJA 10 04 Phillips Petroleum Co— Deb g 7Jd»s’ 31(wlth war) AAO 107 103 W ithout warrants______ Plerce-Arr M ot Car 8 s ’ 43. NIAS 9434 Pierce Oil 8 s D e cl5 ’ 31__JAD15 10334 Plllsbury Flour Mills Co— 1st M 6s 1943_________ A AO 101 Pittsb Brewing 6s Feb 4 ’ 49. JAJ 90 Pitts Coal deb 5s July ’ 31 .M A S 98 Plttsburgh-Westmoreland Coal 1st s f g 5s 1947 o p ____MAN 92 Pleasant Val Coal 5s 1928.JAJ 97 4 Pocahontas Consol Collieries— 1st gold 5s 1957 o p ______ JAJ 934 Port Arthur Canal A’ Dock— 1st 6s 1953 ser A ______FAA 99 4 Porto Rlcan-Amer T obacco Co 8% g b d s M ay 1 5 ’ 31.M AN15 106 Powell Rlv Co 6s ’ 26-’ 27 JA.I Power Corp of N Y 634s ’ 42.100 10154 1st M s f 6s 1942 B ____MAN 904 Pressed Steel Car 5s 1 9 3 3 ..JAJ 9434 Producers A Refiners C orp— 8s 1931 (with warrants) JAO 112 W ithout warrants attached 110 3 4 104 Punta Alegre Sug s f 7s ’ 3 7 .JAJ 994 Pure Oil Co 634% notes '33.JAD Remington Arms 6s 1937. MAN 89 Republic Ir A Steel 5s ’ 40 A AO 95M 92 Ref A gen 534s ’ 53 Ser A.JA.I Penna Steel Corp— 1st s f 7s 1955____...F A A Rlordon Pulp A Paper, Ltd— 1st 6s June 30 1942..JA D 30 r Robbins A Myers 7s 1942.JA D 004 904 Roch A Pitts C AI 5s 19 40.MAN 1st s f g 4 34s 1932 o p t ..F A 4 984 Rocky M tn Fuel 5s 1943 ______ Rogers-Brown Iron 5s’ 26-40JAJ Gen A ref 7s 1942_____MAN 834 St Joseph Stk Yds 4J^s’ 30 JA1 95 St Lawrence Pulp A Lumber— 1st M 6s 1925___________FAA / 30 W is t m 6s 1920-1929......... FAA / 30 ''**lst m 6s 1930-1933_____ FAA / 30 Stdtegis Paper 634s 1925-1929 . 100 6J4s 1930-1934______________ 98 St Louis Brew Assn 6s 1939 JAJ St L Nat Stock Yds 4s ’ 30.JA J 92 St L R ocky M t AP5s’ 55 stpJAJ 774 Saks A Co s f 7s 1942____MAS 107 Securities Co N Y 4% cons M AS 54 © Sen Sen Chiclet— See Amer Chic 1 --Sharon Steel Hoop 8s 1941. MAS 10634 Shawsh Mills 7 % notes ’ 31 AAO 10354 Sheffield Farms Co— 1st A ref 634s 1942_____ AAO 10614 Shults Bread 1st 6s 1940. MAS 9 714 Slemans A Halske— ► 3-year sec s f 7s 1 9 2 8 .._ JAJ ^ 10-year sec s f 7s 1935. JAJ Sinclair Cons Oil Corp— *« 1st 1 coll 7s ser A 1937 MAS15 944 f t 1st lien coll 634s’ 38Ser B . J AD 90 1st 1 6s 1927c.with warr JAD 117J4 Sinclair Crude Oil Purch’g Co— H 5 3 4 % notes Apr 15’ 25 A A 015 10034 k 6% notes Ser A 1 9 2 8 ..FAA 9934 08 Feb 15 1Q2rt R FA A 15 101 ft .Baala. /T bla prlcce include* accrued Bid. [V ol. 120. P’ an d Incom e an d d e fa u lte d b o n d s . Bonds. Ask. Bid. Ask. iinclalr Pipe Line s f 5s ’ 42 AAO 8434 8454 Utah-Idaho Sugar Co— 10 1 User Steel 1st 7s, 19 37...M A N / . . . . 1st M serial 7s 1927-30..JA J 10134 10134 __ Skelly Oil 634% notes ’2 7 ..AAO 100% 115 5 4 116 Vacuum Oil C o ‘T% 1930 .A A O 10734 Uoss-Sheffield Steel A Iron— Vandalla Coal 1st 6 s ’ 30 op .JA J 10034 6 % 8 f gold notes 1929_ FAA _ 10 2 103 10134 10154 Van Slyke A Horton 7a____1938 92 93 Solvay A Cle 6 s 1934____ AAO 10 0 3 4 10 1 Vertientes Sug 1 st 7s, 1942 JAD South Porto R ico Sug 7s ’ 40JAD 1 0 2 10254 Victor-Am er Fuel 1st 6 s ’ 40 FAA 95 0 Standard Mill 1st g 5s ’ 30 MAN 9954 1 0 0 Victor Fuel 1st s f g 5s 1953.JAJ 5334 10354 Standard OH (Cal)— Virginia-Carollna Chemical— 5% serial notes 19 2 5 .. .F A A 1st s f 7s 1947 Ser A ____JAD / 8234 8234 10034 10054 / 80 10134 101 10 134 5% serial notes 19 27.. .F A A 101 80 Certif of deposit stam ped .. / 74 9034 10134 5% serial notes 1928____FAA S f conv 734s 1937 Ser A .JA J 10 0 54 10134 48 5% serial notes 19 29.. _FAA 101 W ith A without warr att’d / 4734 10 0 34 94 48 5% serial notes 1930____FAA 101 Certif of dep without warr’ t / 47 10 0 54 47 / 42 5% serial notes 1931____FAA Ctf dep with w arrants.. 0034 10054 93 5% serial notes 1932____FAA 1 0 0 5 4 Va Ir Coal A Coke 5s ’ 49 MAS 9234 10 0 3 4 5% serial notes 1933 ___FAA _ 100 10134 10234 9434 1 0 0 5 4 Ward Baking 6s 1937_ JA D 15 95 Standard Oil of New York— Warner Sugar Ref 7s 1941 .JAD 9534 100 6 34% g deb M ay 1 ’ 3 3 ..M A N 8334 8434 10754 1 0 7 5 4 Warner Sug Corp 1st 7o ’ 39 JAJ Stand Steel Wks 1st 5s ’ 2 8 .JAJ 33 37 Wayne Coal 6s 1937 ___MAS 9934 ____ Standard Textile Products------92 94 W ebsterCAC 1st g 5s’ 42 op MAS 102 95 97 1st s f 0343 194 2_______ M AS Webster Mills 6 34s 1933. JAD 10234 103 100 Steel Co of Can 0s 1940___JAJ r 10334 West K y Coal 7s 1944 ..M A N 10134 West Va Coal A Coke— 9834 Steel A T ube Co of Amer— 10634 10654 96 Gen m s f 7s 1951 Ser C ..J A J 1st M 6s 1950___________JAJ 9454 9534 Sugar Estates of Oriente— Western Elec deb 5s 1944. AAO 9834 9834 114 1st s f 7s 1942_________ MAS 9 7 3 4 Westlnghouse Elec A M fg— 9654 7% gold bonds 1931____MAN 11034 Sun Oil deb s f 534s 1939.M A S 9654 10834 10834 9634 92 105 Superior Oil 1st 7s 1929.FAA15 9S 99 Whitaker-Glessner Co 5s 41A AO ___ 102 100 Sw'lft A Co 1st s f g 5s ’ 4 4 . . JAJ 98 99 1st s f g 6s 1941_______ AAO 90 84 5% s f g notes Oct 15 ’ 3 2 .AAO 8434 9534 W ickw Spencer Steel 7s ’ 35 JAJ 9534 85 Certificates of deposit_____ __ 9554 Taylor-Wharton I A S— 8434 9234 1st 6s 1942____________M AS 90 93 108 34 10834 Willys-Overl. 1st 634s ’ 33.M A S 1st A ref 734s 1946 Ser A .JA J 89 91 Wilson A Co 1st 6s 1941 . AAO 9334 9334 69 Tenn Coal I A R R 5s 1951.JAJ 88 10 134 102 Conv s f g 6s 1928______ JAD / 67 ____ Ala SteelAShlpbldg 6s’ 30 JAJ 64 101 Certificates of deposit_____ Tenn Cop Co conv 6s ’ 25 MAN 101 103 Conv s f g 7 34s 1931 . .F A A 6534 6434 51 Certificates of deposit_____ 6434 7434 Thyssen (Aug) Iron A Steel Wks 5-year s f 7s 1930______ JAJ 9834 Winchester Repeating Arms— Tidal Osage Oil s f 7a ’ 31 .F A A 10134 102 104 16 314 1st gold 7349 1941______ AAO 85 Tide Water Oil 0 34s ’ 31. FAA 15 103 83 34 10334 W oodward Iron 5s 1952____JAJ Traylor Eng A M fg 8s 1930____ Youngst Sh A Tube 6s 1943 JAJ 9734 9734 107 8334 Tublze Artificial Silk 8s ’ 4 3 .JAJ 104 Union Bag A Paper 6s ’ 42 MAN 96 EXCHANGE SEATS. 9434 Union Oil Co of California— N o . Last Salt $ $ 40 First lien s f 5s 1931 o p t .. JAJ 100 101 N Y Stock E xch..1.1001110,000 6s M ay 1 1942 Ser A.___ FAA 40 10234 103 N Y Con Stk E x . 425 500 1,000 1,200 40 S f g 5s Feb 1 1935____ AAO 96 N Y Produce E x . 1,800 1,100 102 Union Steel Co 1st 3s ’ 52 gu JAD 106 N Y Cotton E x .. 450 33,500 28,500 __ Union Tank Car Eq 7s ’ 3 0 .FAA 100 104 8.400 10454 N Y Cof A Sug Ex 323 9,000 10,500 United Drug 6s ’ 44 temp A A 015 100J4 101 N Y Curb Market 550 10,000 United Lead deb 5s 1 9 4 3 ..JAJ Baltimore Stk Ex 87 2.000 7,500 6,500 Boston Stock Ex 140 7,000 7834 United Oil Producers Corp— 8,850 8 31 1st 8s July 25 1931_ JAJ25 s 29 _ Chic Bd of T r’d e. 1,592 8,100 10734 United Steamship 6s ’ 3 7 ..M A N 5,400 57 5.500 9434 9454 Chicago Stk Exch 250 United Stores Realty 6s ’42 AAO 102 103 Cincinnati Stk Ex 35 5,000 10654 U S E nr 1st 5s 1924-1934. .JA D Cleveland Stk Ex 30 3,000 104 U S Finishing con g 5s ’ 29..J A J 98 50 4,000 9 9 ^ Detroit Stk E xch . 4,500 4,900 U S Rubber 7 34% notes ’ 30FAA 10634 10734 Los Ang S t k E x .. 399 4,500 1st A ref 5s 1947 Ser A ..J A J 29 1,200 8534 8554 Louisville Stk E x . U S Smelt Refg A Mining— Minn Ch of Com 587 3.300 Conv 0% notes 1926____FAA 71 18.000 10154 10154 Montreal Stk E x. United States Steel Corp—■ 8,700 10,000 99 New Orl Cot E x . . 500 9,000 600 800 Col tr s f 5s Apr ’ 51 op ’ l l Var 10734 10834 New Orl Stk E x .. 70 700 9634 2,600 Col tr s f 5s Apr’ 51 not op Var 10734 10834 Phlla Stk E x c h .. 206 2,600 C o ls f 2d 5s Apr’ 63op’ l3M A N 2,000 105 1,750 1,900 9454 10534 Pitts Stock E xch. 115 100 St Louis E x ch _ _ 50 1,900 90 34 Unlver’l Winding Co 7s ’ 37.JAJ (SanFr)StkABdEx 62 30,000 11754 Utah Fuel— See Deny A Rio G r , p. 32. 750 500 Wash’ton Stk Ex 40 500 10054 9954 10134 interest, h Laat sale. « Nominal, r Canadian price. « Sale price INDUSTRIAL AND MISCELLANEOUS STOCKS Stocks. Par TE X T ILE MFG. STOCKS. N orth. Mills. Par Acushnet Mill (NB) l Am Linen (Fall R) X American M fg 100 lewPreferred ..1 00 Amoskeag M fg (voluntary assn) . . (t) Preferred. _ .( f ) Androscog M (M e )./ Appleton Co (Mass)/ Arkwright M (FR) / Arlington M (Mass)/ Barnard M fg (FR) / Bates M fg (Me) 100 Beacon M fg (NB) / Bid. Ask. Per share. 43 95 50 90 78 45 71 73 125 72 76 130 638 25 98 230 125 9834 Berkshire Cot Mfg. |«$Adams, Mass 1 0 0 151 Bigel-Hartf Carp’t . t d 114 N|Preferred_ _ 100 103 Booth M fg (N B)__Z 14734 Preferred . 100 110 B oot Mills (Mass) . / Border C M fg (FR) i 97 Boston Mfg pref 1 6 0 95 BosjDuck (M ass)..c 90 Bourne Mills (F R )./ Bristol M fg (N B )../ Butler Mill (N B) . . / 135 Cabot M fg .. .100 Chace Mills ( F R ) . . ! 50 Charlton M ills. 100 135 Chicopee M fg (pf) i City M fg Cr’p(NB) / x 135 Contin’l M (M e ) 100 130 Cornell|Mills (F R )./ 115 55 93 82 75 245 10 0 117 105 112 10 0 135 200 55 140 138 140 130 S tocks. Par| Bid. Dartmouth M fg Corp (N B ). _ 100 Ask. Per share. 150 86 Davis Mills (F R) Z 103 Davol Mills (F R ) . / Draper Csrp . .100 170 Dwight Mfg (Mass) _ Edwards Mfg (M e )./ 85 Esmond M (R I ) , pf Z 98 Essex Cot M pf 100 Everett M (M ass). Z 90 Fairh Mills com . 100 Preferred.. . 100 Farr Alpaca (Mass) / 172 Flint Mills (F R )..Z 1 2 0 Franklin Co (M e). Z 2 0 0 Gosnold M (N B)__Z 80 Granite Mills (F R )./ 70 Gt Falls Mfg (N H) / Grinnell Mfg (N B )./ Hamilt Mfg (Mass) / 50 Hamilt W (Mass) / 81 Harmony Mills p f / 1 0 0 Hathaway M fg (NB) / Hill Mfg Co (Me) Z 108 Holmes Mfg (N B )..Z Preferred.. _ 10C 100 Home Bleach &D Wt 2 P referred___10C 30 Ipswich Mills_ 10C _ 25 Preferred . IO C 65 Kilburn M (N B ). 155 King Philip M (FR ) 140 Lancas’r M (Mass).Z 107 Preferred.. 10C 95 Laurel Lake com . . 50 Lawrence M fg (M ).Z 62 Lincoln M fg (FR) _Z 104 Lockwood Co (Me).Z 103 Stocks. Par Luther Mfg (F R )..Z Lvman Mills (M) . / Bid. 115 140 46 Mass Cott M ills. 100 132 Mechanics’ M (FR) Z 65 Merch Mfg (F R )...Z 11234 Merrimack Mfg . . (Mass) . . _ 100 Preferred 100 79 Middlesex Co (M ). 97 M t V-Wood Mills 10 0 ( B a lt ) v t r .. .100 d ____ 4734 Preferred v t r _ 1 0 0 55 Narragansett Mills 175 127 (F R )________ 100 Nashawena M .100 130 Nashua M (N H) 100 10 0 70 Preferred.. . 100 95 Nat Fabric & Fin. 100 108 Preferred 100 1 0 0 28 Naumkeag (M ass).. 125 Steam Cot Co.lOO 198 54 Neild Mills (N B)__i 2 2 0 85 N ew B edf’d C otM .Z 105 103 Preferred . .100 98 145 New Eng Sou M ___ 112 1034 Preferred _ ..100 45 200 __ Newmarket M fg . . 140 Co (N H )_____100 Nonquitt Sp (NB).Z 75 Osborn Mills (FR).Z 29 7234 Pac Mills (Mass) 100 68 Parker Mills (FR)_.Z 165 _ Preferred . . . . . 145 22 Pemaquid M 20___ Peopereil Mfg (Me) Z 130 110 Pierce M f g (N B)__Z 25 137 60 Pocasset M fg (FR).Z 65 89 108 70 175 45 90 Ask. Per share. 130 50 136 S tocks. Ponemah M (Proy) Z Preferred __ 100 Quissett Mills (NB) Z Preferred. . 1 6 0 11734 Rich Borden Mfg Co (F R ) ___ 100 Sagamore mfg 111 (F R )________ 100 83 Salmon Falls Mfg Co (N H )_____100 1434 Seaconnet M (FR).Z 0 5 4 Sharp M fg (N B )..Z Preferred. . 100 95 Shawmut Cot Mills 132 (F R) com ____100 Preferred. ..1 0 0 75 10 0 Shove Mill (FR) 100 no Skenandoah Cotton 'C o (Utica)____1 0 0 10 1 Soule Mill ( N B ) .100 202 Stafford M (F R )..Z Stevens Mfg (F R)_Z Taber Mills ( N B ) . J Thorndike (M ass).. Tremont & Suffolk M (M ass)___ 100 55 Troy Cot’n & W ool’n M fg (F R )___ 500 80 Union Cot M f (FR) Z 80 Utica Knit C o_ 100 _ 81 Preferred . . _ . 100 Utica Steam & Moh 25 60 Val Cot M fg___ Z Wampanoag Mills 25 134 (F R )________ 100 Wamsutta M (N B) Z 475 Bid. Ask. Per share. 10 0 95 105 112 177 34 18234 10 0 105 260 k 45 63 150 95 192 10734 ___ 71 200 125 78 118 50 3 50 67 70 20 70 115 75 ____ 80 92 123 95 97 55 108 |V b Assessment paid. c Par value $700. d Price per share, not per cent, h Par value $1,000. k Last sale. ZPar value $100. Nominal.Mr Canadian price.Bs|3ale Jprice•■/ N ewistock. j|z]E x-div. y]Ex-rights. zJEx-stock div. tJWithout parlvalue. Par rrl 1st install, paid, INDUSTRIAL AND MISCELLANEOUS STOCKS Par S to c k s. Bid. Ask. Per share. Weetamoe M (FR).Z Whitman M (NB) Z 137 Winnsboro M p f. 100 101 York M fg (M e ).100 104 75 140 102 107 S o u t h e r n M i ll s . Sterling Fire_ .10 _ Arcadia M _ 100 Augusta Fac (Ga).Z Belton Mills (S C)_Z _______ 100 Preferred_____100 Brogon . .100 Brookside M ills. 100 Chadwick-Hoskins25 110 250 95 140 250 78 94 210 104 115 145 15 140 138 130 119 150 87 102 107 Clifton M fg (S C)100 Columbus Mfg (Ga) Converse (D E)_100 Dallas Mfg (Ala). 100 Darl’g’n M fg (S C )J Drayton Mills . 100 Dunean ___ 100 Eagle & Phenix Mills (G a ).. 100 165 Enterprise M f (Ga) Z 85 Gaffney M fg (SC) .1 85 125 Granteville M fg . 100 125 Greenw’d C M (SC)Z 400 145 200 Judson _ . 100 185 Preferred . . 100 103 King.J P,M fg (Ga)_Z Laurens C M (SC).Z 145 Marion Mills 100 124 Marlboro C M (SC) Z 59 Mass Mills (G a)____ 137 MUls M fg Co (SC).Z 285 Monarch C M (SC) Z 128 Newberry C M (SC)Z 120 Orr Cot M (S C).100 105 205 ___ 100 104 Phillips Buttorff M Z 165 Piedmont M fg (SC) Z 135 Poe, F W, Mfg (SC)Z 120 P o in s e tt___ 100 Riverside & Dan Riv 212 Preferred100 104 Riverside M _ 12.50 _ 9% Saxon Mills . 100 100 Sibley M fg (Ga)_100 65 Spartan Mills (SC).Z 155 Toxoway_ _ 25 32 Union-Buffalo M 68 1st pref 100 93 2d pref . . 100 54 Victor-Monag C o .. / 112 Preferred . . 100 109 Ware Shoals M fg 100 165 Webb M fg (Nash) _Z 20 West Point M fg. 100 120 Whitney M fg (S C )./ 106 Woodruff M ___ 100 140 Woodside Cot M 100 118 Preferred.. 100 94 115 265 98 Liberty__________ 50 255 25 80 96 220 107 118 18 150 142 135 123 155 91 110 170 95 90 128 140 150 105 130 61 142 132 125 107 210 106 175 140 126 103 218 _ _ 5 Prudential Life_ 50 _ N ew N e w O r le a n s . Lafayette____ N ew .50 P h i la d e l p h i a . Alliance of Phila. .10 Ins Co of N A . 10 Ins Co State o f Pa 100 Lumbermen’s _ .25 People’s Nat Fire_ _ Phila Life. ___ 10 Reliance _ _ 50 _ United Firemen’s . 10 Victory _________ 50 P r o v id e n c e . _ Prov Wash’ton_ 50 47 S p r i n g f i e l d ,M a s s R ic h m o n d . Virginia F & M__25 Deposited S tock .. S t . L o u is— S t . P a u l ,M i n n . St Paul F & M _ 25 _ S a n F r a n c isc o . Firemen’s Fund. 100 Home Fire & Marine 83% Springfield Fire & M i 112 93 69 >3 W a sh in g to n . Corcoran . . . 50 98 % Fireman's . ._ .20 _ 1 1 1 % National Union_ 5 155 W h e e lin g , W .V a 101 Wheeling Fire 1 .100 M A R IN E IN S U R A N C E S C R IP . 10 35 B o s t o n ._ _ 100 Colum Nat Life. 100 Conveyancers’ T itle. . . . 100 131 Atlantic Mutual— 1923............ .......... 1924. B o sto n . B r o o k l y n — See D a y to n . — N Y Liberty ______ 50 Reliable . . . .20 D e tr o it. Detroit F & M _ 50 _ Michigan F & M .50 85 62 ____ H a rtfo rd . Aetna (Fire)___ 100 Automobile Ins. .100 First Re-Ins___ 100 Hartford Fire_ 100 _ Hartf Steam Boil Insp & Ins___ 100 National Fire_ 100 _ Phoenix (F ire)..100 L ife Insurance. 575 690 623 540 675 517 Aetna Cas’ty & Sur 755 Aetna Life . _ 10C 840 Conn Gen__ __ 10C 1025 Travelers’ . ..10C 1005 ___ M IN IN G S T O C K S . Adventure Cons. .25 Alaska Juneau Gold Mining . 1C Algomah . 25 Amer Zinc Lead & Smelting . .25 100 64 Preferred _ 25 _ Anaconda Corp _ . 5C Arizona Com’cial 5 Arnold _ 25 _ Batopilas M in____2C Bingham Mines. _ 1C Bonanza Dev C o . 1C 585 Butte Cop & Z C o.5 ____ Butte & Sup 1C 250 Callahan Zinc-Lead 628 Co____________ 1C Calumet & Ariz 1C Calumet & Hecla.25 Carson Hill G M 1 525 — ___ 845 ____ 1015 Per cent. 200 Per share. 185 22 3^ 225 450 190 23 230 Per share. 240 292 298 Bankers & Ship.100 185 City of N Y _____100 250 260 Commonwealth .100 300 Continental______ 25 d 113 114 Fidelity-Phenix_ 25 d 151 _ 152 Globe & Rutgers. 100 1400 1500 Great American.100 288 293 Hanover . . . _ .50 d 165 180 Home _ ._ 100 352 358 d 70 73 Met Casualty Ins_ _ 82 % 88 National L iberty.50 d 215 Niagara . . .50 d 190 200 Northern 100 240 250 d 87 95 d 142 Rossia Ins. _ .25 d 92 02% Stuyvesant . 100 175 185 United States____20 d 120 128 Westchester .10 d 48 50 B a lt i m o r e . Central Fire. 11 Per share. Y ork. Cent States Life_ 5 _ Continental Life___ Missouri State L .10 Internal Life. . .50 IN S U R A N C E STOCKS. Ask. Per share. H aven. 10 105 75 165 34 70 94 55 114 112 175 40 125 108 146 120 96 M ills . Can’n Connecticut Cum pref____ 100 46 Can Convert, Ltd_Z r83% Can Cottons, Ltd 100 r ll0 % Preferred .100 r91 Domin Text, Ltd t r69 Preferred 100 r ll2 % Montreal Cottons_.Z r98 Preferred . ..100 r ll0 % Penmans, Ltd_ 100 _ r___~ Preferred . . 100 r99 Nor’west F & M .100 American. Bid. d L o u i s v i ll e . M in n e a p o lis . Abbeville O M (SC)Z Amer Spinning C o_. Anderson C M (SC)Z C a n a d ia n Par S to c k s. I n d ia n a p o lis — # S to c k s. Par. Cerro de Pasco. t Chili C o p p e r ____25 Chino Copper_____5 Consol Copper____1 Con Min & Sm.-lOO r Cop Range Con. 100 Crown Reserve____1 r Davis-Daly C op. .1 DeBeers Con M ____ East Butte ____10 Federal M & Sm.100 Preferred___.100 Cop Bibb M p d )..5 ($3.75 fg _ Franklin _ _ 25 b Goldfield Consol M in e s _ _ _ 10 s Granby Cons M S Bid. Ask. Per share. 53% 36% 25 3% 64% 29% ____ 53% 37 25% 3% 64% 30 51c. 60c. 22% 15% 5 21% 60% 65c. 23% 15% 5% 23% 62 25c. 1 30c. 1% 4c. s 19% 7c. 20 45 , S to c k s. Par. Bid. Ask. Per share. T IT L E G U A R A N T EE & S A F E D E P O S IT S T O C K American Surety.50 Bond & M Guar. 100 Chicago T & Tr.100 C itySD(Alb.NY) 100 Columbia Title (Washington)_ 5 _ Fidelity & D (M d) 50 Kentucky Title Co Preferred ..1 0 0 Lawyers’ M C o. .100 Louisville Title. 100 Maryland Cas Co_25 Mortgage Bond. 100 Nat Surety Co .100 New Amsterdam Casualty (Balt) 10 N Y Title & M tg . 100 R E T Ins (Wash) 100 Tit Ins & Gu(SanFr) Title GuTr(StL) 100 U S Casualty____100 USFidel&Gu(Md) 50 U S Title Guar. .100 dl 12 245 351 170 d 7% d ____ s 90 208 190 d ____ 125 210 d 44 332 135 200 38 260 195 235 Granite-Bi-Metalic (St Louis) . . 10 12c. 18c. Greene-Cananea .100 18 19 _ Hancock Cons_ 20 1% 1% Hollinger Mines_ 5 r 14.30 _ 14.40 Homestake Min.lOO 44 45 Howe Sound Co . 1 s 3% I N D U S T R I A L A N D 3% s M IS C E L L A N E O U S Inspiration Cons Copper . . ..2 0 30 30% 96% 135% 136% Adams Express. .100 Advance-Rumely 100 14% Preferred. . 1 96% 49 Isle Royale C o p ..25 18 18% Kennecott Cop___ + 55 55% Aeolian-W eber 25 Kerr Lake _ .5 Piano & Pian__100 2 1% 97 2% 2% d 87% 24c. 27c. _ f d 11% _ LaSalle Copper_ 25 2% Ajax R u b b e r _ 2% 77% _ Magma Cop Co_ t 42 42% Alabama C o____106 70 Mason Val M in e s..5 2% Albany Com ___ 100 2% Mass Cons . __25 1 1% Albany (N Y) Safe Mayflower Old Col25 Dep & Storage 100 160 2% 2% Allied Chem & Dye 16% 17 McIntyrePorcupine5 Corp . ____ t d 82% Miami Copper___ 5 40 42 23% 23% Preferred_____100 117% 243 247 _ s Allied Pack new_ f Mohawk . .25 x 37% 38 47 48 s 63 s 8% 8% 35% 36 Senior pref____100 Nevada Cons C o p .5 200 15% 15% Allis-Chalmers M fg New Cornelia C o p .5 105 Pacolet M fg (S C) J 22% 23 Common . . 100 New Dominion A . 1 Preferred 77 40c. k 28 New River C o_ 100 _ Preferred . .100 106 k 11 30 Preferred___.100 Aluminum M frs_ t d ____ _ 102 107 55 60 Nipissing Mines_ 5 _ Preferred___.100 k 15 6% 6% Amal Sugar com_ f d 3.40 _ _ North Butte _ 15 102 2% 3 105 _ 94 North L a k e . . _ 25 1st preferred. .100 25c. 50c. Ohio Copper. . .10 18% 1% 1% Am Agri Chem . . 100 53 Old Dominion Co.25 Preferred_____100 350 24% 25 Amer Bakery ..1 00 Ontario Sil Min __t 73 5% 6 Park City M & S. 5 Preferred. .100 97% 4% 5% Pit & MtShasta Cop _ 86 90 8c. Am Bank Note_ 50 d 180 7c. Pond Creek— Preferred___..5 0 d 54 87% 90 40% Am Beet Sugar.. 100 14 13% P referred ___ 100 Q u in c y .______.25 81 33% 34% Rand Mines, L td. . 14 15 35% 36% American Book. 100 114 _ Ray Cons Cop_ 10 19 21 15% 15% Am Bosch Magn’o . t d 40 St Joseph Lead_ 10 _ 38 40 43% 43% Am Brake Sh & F t d 96% 60 St M ary’s MineralPreferred___ 100 107% 63 3 4 164% 45 45% Preferred. . 100 115% San T oy _ 1 _ S 4c. Seneca Cop C o r p .-t % Am Car & Fdy.-lOO 199% % Shannon ._ __ 10 Preferred____100 122% 80 85 1 1% Shattuck Ariz Cop 10 6 6% 7% Am Caramel. _ 100 South Lake .25 Preferred.. . lOO 65 25c. 75c. Superior & Boston 10 377 385 1% 1% Am Chain Class A 25 d 24% 30 Superior . . . . .25 Am Chicle . t d 38 32 Tennessee Copper T e m p v tc. _t 37 & Chemical t Preferred.. .100 94 9% 9% Tonopah Belmont. 1 s 58c. s 59c. 374 90 Temp v t c . _ 100 Tonopah (Nev) — 1 75 1% 1 15-16 Am C igar.. ..1 0 0 Tonopah Ext M in .l Preferred . . .100 2% 3 95 200 Trinity Copper___ 5 d 63 12 15 135 Tuolum ne. 1 Am Credit Indem.25 d ____ 21 United Verde Ext50c 27% 27% Am Cyanamid 1O0 121 Utah-Apex _ . . 5 _ 82 15 Preferred . 100 6% 6% Utah Consol _ 5 _ Am Drug Synd .10 d 6% Utah Copper C o. .10 149 88% 90% Am Express___ 100 k 150 Victoria_ ______ 25 _ 95% 1 1% Am Fork & Hoe. 100 Winona ______25 20c. 40c. 1st preferred .100 101% Wolverine __ .25 American Glue. 100 50 Wyandot . . 25 20c. 30c. Preferred . . 100 106 Yukon G o l d _ _ 5 20c. 40c. Am Hardware .100 89 Per cent. Am-Hawaiian SS.10 d 12% 101% R E A L E S T A T E T R d 11% & LAND STOCKS Per share. 102 71 Amer H osiery.. 25 d . . . Per share. Albany Tr (Bost)lOO a 58 Amer Ice C o. 100 86 Alliance Realty. . 100 118 Preferred- . .100 76% 15c. 30c. Bedford Tr (Bos) 100 a 57 — Am Intern Corp. 100 36% Berkeley HotlTr(B)Z a 75 Amer-La France 1 72 Fire Eng Inc . 10 d 12% 1% Bd of Tr Bid Tr(C).Z a _ __ 10c. 25c. Bos Gr’d R ’tT r (C) Za 108 112 Preferred.100 96 Bos R E T (Bos) 1000 a 910 Amer Laundry 10% 10% Bos Stor W 'h ’se (B) Za 120 Machinery____ t d 73% 34 34% Boston Wharf C o. j a 112 Preferred___.100 118% 44 % 45% Bromf Bldg Tr (B)_i a 65 28"% Amer Linseed -10C 13 13% Business R E Tr(B) i a 20 62% Preferred____10C Cent Bldg Tr (B ). . i a __ _ Amer Locomotive t d 115 Chic R E Trus’s 100C al000 Preferred 10C 120% 32 32% City R E T (C).100C a 500 Am Meh & Fdy.lOC 165 1 Amer Metal C o_ t d 50% _ 1% Congress St Associates (Boston) __i a ____ 8% 8% Preferred___.10C 114% 65 C ’gress St Big Tr(B)i a ___ 21 20% Amer Multigraph, t d 21% Copley Sq Tr (Bos).Z a 35 P referred ___ 10C 101 3% 3% Devonish Big Tr(B)Z a 53 Amer Piano 10C 93% 54% 55 93 17% East Bos Land (B) 3 16% 3% Amer Pneu S erv..25 d 3% 50c. 60c. Ensley Land Co _.Z 115 125 1st preferred_ 5C d 45 _ Essex St Tr (Bost).Z Preferred- . 50 d 18 Factory Big Tr (B).Z Amer Radiator . 25 d 100% Fifty Associates (B) _ 3100 Preferred- . 10C 125% Hotel Tr (Boston). . a 125 Am R y Express.lOO 81 Kimball Bldg Tr(B)Z 75 Amer Repub Corp t d 59 Realty Associates of Am Rolling Mill .25 d 56% Brooklyn com _ t _ 170 7% pref (new). 100 107% 1st preferred..IOC 90 97 2d preferred.. 100 80 85 Texas Pacific Landi Trust ctfs____100 290 310 H -* HH -H OO oo F eb., 1925.] 123 250 175 8% 89 218 85% 135 215 44% 337 150 50 196 245 97% 15% 51 30 87% 11% 75 170 83 118% 8% 65% 77% 107 ____ 3.60 96 18% 53% 182 54% 41 84 116 41% 98 109 165 116 200 124 9 70 24% 40 38 95 94 77 98 62% 126 84 6% 152 99 52 92 13% 12 72 50 88 77 36% 12% 974 73% 120 28% 63% 115% 121% si 23 94% 95 id 3% 48 d 18% 100% 82 63 57 107% a Purchaser also pays accrued dividend. b Assessment paid, d Price per share, not per cent, h Par value $1,000. it Last sale. I Par valu n Nominal, r Canadian price, s Sale price.j^l NewjiStock. u Ex-cash and stock dividend, v Ex-stock dividend, x Ex-dividend, y Ex-rights t Without par value. INDUSTRIAL AND MISCELLANEOUS STOCKS 46 Stocks. Par. Am Safety Razor_25 American Screw. 100 Am Seed M ach_ 50 _ Preferred 100 Amer Shipbldg_.lO0 Preferred. 100 Amer Ship & Commerce_____ _ t Am Slent & Refg.100 Preferred ..100 Am Snuff com .100 Preferred . 100 Am St F ’dries.33 1-3 Preferred100 American Stores_ f _ Am Sugar Refg__100 Preferred ..100 Am Sumat T ob . .100 P re fe rr e d ._ 100 _ Am Thread pref_ 5 _ Am Tire & Rub com . Bid. Ask. Per share. d 37 V s 98 d 32 70 53 d 37 33 100 40 75 55 87 S tocks. Bid. Par. Brit-Amer T ob _ £1 _ Ordinary bearer £1 British Col Fish & Packing . 100 British Empire Steel com. . . 100 1st pref . 100 2d pref. . .100 Brown S h o e ._ 100 _ Preferred___ 100 Bruns wlck-BalkeCollender____(t) Preferred. 100 Brunswick Term & Ry Secur Co— See Buckeye Pipe L .50 B ucyrus com . . .100 Preferred.. 100 Burden Iron pref.lOO Burns Bros 7%pf.l00 Prior pref’ce. 100 Ask. d 2534 d 2533 % Par. Bid. r 2833 333 32 K 1034 73 100 78 7035 73 19 5635 48 10235 85c. 135 3735 98 4335 9035 85 106 3035 5235 116 9635 8735 2634 25 54 43 116 22 140 120 2035 71 100 38 105 68 108 98 100 180 46 120 2734 50 59 10635 170 170 Ask. Per share. t d 3934 26 34 Congoleum Co Preferred... . 100 104 2634 Congoleum-Nairn _t 4034 Conley Tin Foil t d 1535 29 Consol Car Heat. 100 45 Cons Cigar Corp t d 3034 333 Preferred . . 100 86 3334 1134 Cons Coal ofS tL.100 Consol Distrib . t d 735 74 10034 Cons Ice (Pittsb).50 d Preferred . . 50 d Consol Textile. t d 435 49 Cons Coal of M d -100 103 69 Preferred . 10C s 68 s RRs Consumers Co .100 2 70 Preferred. ..1 00 35 Cont Baking A _ t d 110 _ 120 Class B . . . _ . f d 2434 104 Preferred . 100 107 92 34 Continental C an .. t d 67 35 97 11634 Preferred- . 100 11234 d 98 35 2235 Continental Oil v t c d 3035 Corn Prod Refg. 25 d 3834 77 Preferred . .100 11935 Cosden & Co com t d 34 35 85 Preferred . . .100 87 Cosg-Meeh Coal- f d 17 99 Cramp (Wm) & Sons 23 Sh & E Bldg .100 2 40 Crescent Pipe L ..2 5 d 1435 Crex Carpet_ 100 _ 75 43 Crock-Wheeler . 100 103 24 Preferred.. 100 2835 77 Crucible Steel.. 100 107 74 40 Preferred . .100 94 35 Cuba Cane Sugar t d 1235 Preferred. ..1 00 56 7 -4 Cuban-Am Sug._ 10 d 3035 Preferred.100 96 99 11134 Cuban Dominican Sugar c o m . . _ t d _ 535 Preferred. . 100 41 1335 Cudahy Pack _ 100 104 47 35 Cumberl Pipe L 100 147 5335 Cushman’s Sons., t d 68 7% pref_____100 89 102 35 8% pref. . . t dlOO Cuvamel Fruit. t d 5134 D H Holmes Ltd. 100 24735 Dan Boone Woolen 103 Mills. . . . . .25 d 5 65 Davis C & C .100 76 88 Davison Chem . . t 4534 Devoe & Raynolds Inc 1st pref. .100 97 Deere & Co pref.lOO 8835 D L & W C oa l.. 50 d 119 4 434 Det & Clev Nav 50 d 83 Diamond Match 100 116 34 Dixon (J) Cruc. 100 135 Dodge M fg pref.lOO Dominion Bdge.100 r 84 Dom Canners . 100 r 89 35 Dom Coal pref. .100 r 45 31 Dominion Glass 100 r 114 66 Preferred . ..100 r 111 Dom I & S pref. . 100 r Douglas Pectin__ t d 15 51 Dom St Corp pf.100 r 38 99 1134 10034 110 14733 d 4834 100 4634 10133 11033 Steam 48 d 69 6134 115 9833 11 100 43 104 4 94 34 7 11433 30 d 98 J3 Am Tob stmpd_ 50 d 87 35 _ Class B com s t k .f d 21 87 34 Com B stmpd. .50 d s o n 86 33 Burr Add Machine, f d 75 Preferred . 10C 104 35 105 Bush Terminal 100 75 Am Type Found. IO C 108 110 Preferred 100 78 Preferred . . 100 103 Bush Terminal 110 Am Vitrified Prod.5C d 23 Bldgs pref . . 100 25 97 Preferred.. 10C 81 B utterick C o. _ . 100 2233 American Wholesale Caddo Cent O & R f d 134 Corp pref. .IOC 97 9733 California Cyanide Amer Wind Glass U n it s ___ _ _ 65 Preferred ..10C s 114 Calif Pack Corp t d 10233 Amer Wind Glass Calif Petrol. . . 25 d 2833 Machine ..10C 94 _ 96 P re fe rr e d ._ 100 10633 Preferred.. IO C 96 Cambria Iron . 50 d 3933 Am W ool (Mass) .IOC 51 5133 Cambria Steel___ 50 d Preferred . 10C 92 Campbell Baking t d 90 34 Am W rit’g Paper. IO C Preferred. .50 d Preferred 10C 435 533 Canada Cement 10C r 9533 Certifs of depos. 1 5 Preferred ._ 100 r Anglo-Amer Oil__£l d 1935 1934 Can Fdys & Forg.lOO r Archer-Daniels Preferred- . . 100 Mid c o m ______t d 27 H 29 Can SS Lines___ 100 r 13 Preferred. t d 94 95 Preferred_ _ 100 r 47 Armour & Co of Del CanadianCar&F 100 r 5233 Preferred10C 91 93 Preferred .100 r 8833 Armour & Co pf.lOO 88 8833 Can Con Rubb 100 r Armour Leath com 15 d 5 Preferred_ _ 100 r 533 Preferred . . 10C 88 8833 Canadian Explos.lCO 100 Arnold, Constable Preferred .100 97 & C o___________ t d 11 1133 Can Locomotive 100 r Art Metal Con 10 d 14 15 Preferred_____100 r Arundel Corp 50 d 10435 Can Woollens ..1 0 0 r 7 Assets Realizat’n.lOO Preferred . .100 r 42 34 33 Assoc Dry G ’ds 100 155 157 Canton Co______100 185 1st pref______ 100 9 5 34 98 Trustees certif.100 183 2d pref ..IOC 1053-3 107 Caracas Sugar . 50 d 2 Associated Oil . 25 d 3834 39 Carib Syndicate 25 d 433 Associated Simmons Case (J I) Plow Wks Hardware pf 100 48 52 Com __ (no par) d 34 90c. Atl Fruit & Sugar t d 80c. 1st pref. ._ 100 133 Atl Gulf & W Ind 2d pref__ __ .100 33 SS Lines . . 100 24 34 25 Case (J I) Threshing Preferred_ _ 100 36 M Mach com. . 100 3634 27 Atlan Lobos Oil. t 3H Preferred - 100 334 64 Preferred_ _ 50 d 10H 11 Case Lockwood & Atlantic Refin’g 100 114 116 Brainard C o. .100 260 Preferred __ 100 113 33 11433 Celluloid Co_ 100 _ 47 Atlas Portl Cem 100 125 135 Preferred . .100 96 115 Atlas P o w d e r ___ t d 50 Sugar Cos . .20 dx 76 V, 52 33 90 Preferred. . . 100 9133 Central C & C . 100 6835 Atlas Tack . . .f 933 10 Preferred . . 100 70 Austin, Nich & C o .t d 27 34 28 Central Leather. 100 1833 Preferred . 100 8713 90 Preferred .100 56 Auto Knitter Central Steel. . f d 4735 Hosiery . . . . t d 233 3 Preferred. 100 101 Autosales Corp 50 43 3 5 Cent Teresa Sugar 10 d 60c. Preferred. . . _50 d 15 33 16 P referred _____10 d s Babcock & Wil 100 13233 134 Century Ribbon Baldw Loc Wks 100 132 33 13234 Mills com _ . t d 37 Preferred.. 100 11634 120 Preferred . 100 96 31 Baltimore Tube. 100 Cert’n-Teed Prod t d 43 Preferred . 100 68 1st pref. _ 1O0 89 Barnet Leather . t d 36 39 2d p r e f . _ .100 _ 80 94 Preferred. 100 100 Champion Coated Barnsdall Corp Paper . _ _ 100 125 d 2533 Class A . . . 25 Preferred. 100 104 2534 Class B_ _ 25 d 21 33 _ _ 2133 Chandler M otor_ t d 3034 Bayuk Cigars.. t d 46 47 Ohesebr’gh M fg ..25 d 5133 98 Preferred . 100 112 7% 1st pf (new) 100 9833 98 3 4 Chic June Rvs & 2 d c o n v 8 % p f 100 Beatrice Cream. 50 d 60 33 63 U nS tY d stpd 100 139 107 Preferred. .100 105 Preferred . 100 95 Beaver Board Co— Chic Pneu T ool. 100 87 33 Com v t c Cl A f d 6 H 7 Chic Ry Equip 25 d 48 Com v t c C i B . . t d 8 Preferred . .25 d 2633 36 1st pref v t C-.100 35 33 Chic Wilm & Frank Beech-Nut Pack. 20 d 69 33 69 33 Coal c o m .. .100 22 7% pref Cl B . . 100 11333 115 Preferred___ 100 85 51 Beth-hem Steel 100 5134 Chic Yellow Cab t d 5035 103 7% cum pref 100 102 Childs Co c o m ., f d 42 117 8% conv pref. 100 116 Preferred . 100 114 Billings & Spen_ 25 d 4 _ 8 Cin Tob Wareh. .100 18 11 Preferred _ . . 2 5 d 7 Cin Un Stk Y ds. 100 135 Bird & Son—City Investing 100 110 110 Prior pref. ..1 00 109 Preferred_ _ 100 101 Bliss (E W) C o. f d 1433 1533 Cleve Automobile, t d 1934 56 Preferred . . . 50 d 53 Preferred. _100 2d preferred 10 d 933 1033 Cleve-Cliffs Iron + d Bloch Bros Tob 25 d k 3333 Cleveland Stone. 100 k 96 Preferred . . . 100 Clinchfield Coal. 100 36 Bluenthal (S)— Preferred _ lOO 100 _ 80 Inc 7% pref ..1 00 Cluett, Peabody 100 6635 6 Booth Fisheries . t d 534 P referred ____100 10335 29 36 Coca-Cola Co . f d 9735 1st preferred. 100 150 Borden Co . _ . t d 148 Preferred_____100 97 107 Preferred . 100 105 Collins Co ..1 0 0 172 240 Borne, Scrymser.100 235 Colo Fuel & Iron. 100 4535 Bost Belting p f. . 100 22 28 Preferred. ..1 00 Boston Woven Hose Colt’s Patent Fire 80 83 Arms Mfg . 25 d 27 ■ & Rubber com. 100 99 “ Preferred___ 100 Colum Carbon_ t d 4833 _ Briggs M fg . . (f) d 39 34 3933 Commercial Invest 105 106 Brill (J G )______100 T r u s t ... . _ . __f d 5633 _ P referred ____100 1st preferred .100 103 13 Com Solvents A . _t d 164 Bristol Brass_____25 d 933 Class B . _ _ f d 164 11 100 10934 145 95 d 4635 10935 d 47 34 61 98 10 37 3 4 d 33 4 3 Stocks. Per share. d Preferred- ..1 00 100 duPont (E I) de N & Co com . ..100 144 Deben stock. .100 9434 Durham Hosiery 50 d 9 Preferred . . 100 40 Eagle Lock____.25 d 106 Eastern M fg. . 5 d 534 Preferred ._ 100 49 East Roll Mill . t d Preferred ..1 00 115 Eastman Kodak t dsll435 s Preferred- ._ 100 111 Eaton Axle & Sp t d 1234 Edm’s & Jones Cor t d s Preferred- . . 100 Eisenlohr (Otto) & Bro . .100 36 Elec Bd & Sh pf.100 10234 Elec Stor Batt _ _t d 66 Elgin N Watch. 25 d 65 Elk H Coal Corp 50 d 9 Preferred_ _ 100 d 2035 Ely Walker Dry Goods . .25 d 22 34 1st preferred. 100 102 83 2d preferred 100 2 Emerson-Brant. . 100 11 Preferred -100 Endicott-Johnson. 50 d 6835 Preferred. 100 11335 Eureka Pipe L . 100 94 Exch Buff Corp . t d 1834 _ Fair (The) Chic, f Preferred . .100 106 Fairbanks C o. .25 d 234 1st preferred 100 6 1 2d preferred 100 Fairbanks Morse . t d 34 Preferred- _ 100 105 35 Fajardo Sugar .100 113 Famous PlayersLasky C o r p ____t d 94 105 P referred _.100 Fay & Egan com . 100 75 89 Preferred 100 47 Federal Sug Refg .100 85 Preferred . .100 5th Ave Bus term . t d 12 35 Federated Metals, t d 3534 Firestone T & Rub . 10 d 9935 98 6% preferred .100 7% preferred. 100 97 3 4 Fisher Body new .25 d 6534 ___ Preferred . . .100 4035 105 4034 1534 48 3134 87 55 734 434 6934 70 3 40 110 '4 2434 92 35 67 34 115 34 9 34 3034 38 34 12035 35 89 35 20 15 45 27 80 7434 9635 13 57 30 34 9935 5 35 42 105 150 72 52 535 46 100 89 34 122 85 119 138 85 34 90 50 116 30 . 1534 6135 144 35 9534 12 50 107 634 52 112 120 11535 13 3134 100 38 103 35 66 35 6635 1134, 26 2235 85 234 1335 6834 11534 95 1935 107 335 10 3 34 34 10635 115 9435 106 ____ 95 50 100 13 37 105 99 98 6635 ____ [ V ol. 120. Stocks. Par. FishB’dyOhiopf.lOO Fisk Rubber com t 1st preferred. .100 2d pref 7 % ...1 0 0 Fleishmann Co___ f Preferred. 100 Ford M ot of Canada Fostoria Glass . 100 Foundation C o _ t _ Preferred . ..t Franklin (H H) Mfg Preferred___ 100 F ’klin Simon pf .100 Freeport Tex C o. . t Galena-Sig Oil .100 Pref (old). 100 Pref (new)____100 Gardner Motors_ t _ Gen Am Tank C ar.t 1st preferred .100 Gen Asph c o m .. 100 Bid. Ask. Per share. d 10535 d 1134 7934 d 83 35 112 509 106 12 80 8334 520 d fc 140 107 d 10634 d 125 130 18 20 73 76 104 10434 d 10 35 1034 6235 6335 110 115 102 105 d 734 8 d 5335 54 98 99 60 6035 99 35 100 d 141 145 d 111 123 95 9535 10634 10834 113 109 30735 30835 d 1134 1134 d 22 23 98 9835 d 74 34 7434 90 95 90 95 10834 108 34 d 4734 47 34 d 25 105 115 88 84 d 54 5535 d 232 238 99 35 101 66 63 s 3 d 5335 5435 102 10334 d 23 24 d 118 11834 d 14 35 15 84 35 86 80 85 98 35 d 2 4 d 18 24 d 41 4135 d 43 34 4334 95 9434 Gen Baking_______ t Preferred_ _ ..t Gen Cig com ____100 P r e fe rr e d ._ 100 _ Deb pref____ 100 General Electric. 100 Special 6% stk. 10 Gen Fireproofing f P re fe rr e d ._ 100 _ General Motors_ t _ Preferred_ .100 _ Deb 6% stock .100 Deb 7% stock .100 Gen Petrol__ .25 Preferred.. ..1 0 0 Gen Ry Signal.. 100 Preferred. 100 General Refrac___ t Gen Tire & T ub. .50 Preferred_____lOO Gillette Safety Raz. |Gill land Oil pf__100 Gimbel Bros______f Preferred____100 _ Ginter C o . _ __ t Glen Alden Coal_ t _ Glidden C o._ . . . j Preferred_ _ 100 Globe-Wernicke .100 Preferred- . . 100 Godch’x Sug Inc__ f Preferred . . 100 Gold Dust Corp___ Goodrich (B F )___ t Preferred- . . 100 Goodyear Tire & Tubber c o m .. 100 29 Preferred_____lOO 8934 Prior pref 100 105 Goodvear T & R of _ California pref_ 10034 Goodyear T & R of Canada p ref.. 100 r Gorham Mfg pf.lOO 50 Grasselli C hem .. 100 130 Preferred . . 100 104 Gray & D a v is _ t d 534 _ Gray & Dudley. .100 80 Preferred_____ 94 Gt A & P Tea pf.lOO 113 Gt Lakes Tow _ 100 _ 60 _ P re fe rre d -_ 100 Great Nor Pap_. 100 235 Great West Sug. .25 d 92 Preferred . 100 110 Guantanamo Sug_.t d 535 Preferred . . .100 80 Gulf Oil Corp___ 25 d 70 Gulf States St'l-_100 88 3 4 1st preferred.. 100 101 Hale & Kilburn__100 25c. Preferred . 100 20 Hall Switch & Sig . 100 s Preferred- . 100 Hamil-Br Shoe_ 25 d 43 34 _ Hanna (M A) 1st preferred 100 8734 Harbauer C o ___ (t) Harb-Walk R ef. .100 137 ____ Preferred 100 Harris Auto Press(t) 3135 Hartman Corp____t d 3134 Hart, Schaffner & Marx ___ 100 123 Preferred 100 Hask & Bark Car__t Hawaiian Com & Sugar . . . 25 d 46 34 Hayes Wheel. _ t d 37 P re fe rre d -_ 100 _ 102 k Hazel-Atlas Glass .25 d Helme (G W) Co Common ____25 d 7634 Preferred 1O0 112 35 Hercules Powder 100 102 Preferred . . .100 104 ____ Herr-H-MarSafe 100 Heywood-Wakefield C o__ ..1 00 135 Preferred . 100 104 Hock Val Prod_ 10 d ____ _ Hoe (R) & Co cl A . . 48 Holly Sug Co . t d 32 Preferred _. .100 89 Holyoke Wat P o. 100 460 Hood Rubber _ t d ___ _ Hood Rub Pro p f 100 Hooven Owens & Rentschler pf.lOO 80 Household Prod_ t d 36 35 _ Houston Oil ctfs.100 8334 ____ s Preferred ctfs.100 Howe Scale pref.lOO 60 Hudson M ot C ar._t d 3534 Humble Oil & R ..2 5 d 4535 2934 90 10534 9435 60 534 84 97 115 6535 92 250 9234 111 534 85 7034 8934 106 1 23 4 8735 22 ____ 32 32 125 ____ ____ 46 34 3735 10235 34 7634 ____ 105 106 ____ ____ ___ ____ 4835 35 92 ____ 56 106 95 3634 8335 93 65 3534 4534 a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale. I Par value $100. n Nominal, o Price per cent of val, f Canadian price, s Sale price, t New stock, it Ex-stock div. z Assessment paid, x Ex-dividend, !/ Ex-rights, t Without par. INDUSTKIAL AND MISCELLANEOUS STOCKS F eb., 1925.] S to c k s. Par. Bid. Ask. X3J share. Hupp M otor _ 10 d 15)4 _ Hutch Sug Pltn._25 d 14)4 Hydraulic Pr Br.100 TVa Preferred _ .100 87)4 Hydraulic Steel_ t d _ 7K Illinois Brick____100 118 Illinois P.pa L_ 100 _ 14714 Imperial Glass. .100 k Imperial Oil. .25 d 133 54 N e w _ ________ d 3354 _ Imperial Tobacco o f Canada c o m ..5 d Imperial Tobacco o f Gt. Brit & Irel’d dz 20)4 Indepen Brew’g ._ 5 0 d k Preferred. . . 5 0 d 4 V, Indep OJ & Gas_ t d 2254 _ Indep Pneum T o o l.f d 6 8 Indiana Pipe Line 50 d 82 Indian M otocycla._t d 1614 Indian Ref com _ 10 d _ 7 54 Preferred- _ .103 85 Ingers ill-Rand ..1 0 0 235 Preferred_ .100 _ 10 2 Inland Steel_ .25 d _ 4814 Preferred_____100 107 54 Intercoat Rub _100| 5)4 Int Agr Cor co n _ t d 1154 _ Prior pref ctfs_ t d 41 _ Int Business M . . f d 11214 Inter Button H >le Sew M achine.. 10 d 3 54 Int Cement C o rp ._ t d 5614 102 54 Pref (7 % )___ 100 Int Cigar Mach. 100 75 Int Combust Eng t.d 3454 Int Educational Publishing co in .50 d 15c. 5 Preferred______50 d Int Harvester_ 100 _ 107 54 Preferred_____100 113)4 Int Mer M arine-100 13 5 4 Preferred_ .100 _ 47 Inter Nickel_____25 d 28 Preferred_____100 97 Inter Paper.. ..1 00 56 95 _ Preferred_ .100 Pref stanpod.100 72 54 Internat Petrol___ t d 2o 5 4 72 Inter Salt ______ 100 Internat Shoe_____t d 115 Preferred . ..100 11954 Inter Silver. . . 100 1 2 0 Preferred . 1.00 108 _ O 63 Int Text Book_ TO Intertyps Corp___ t d 2454 Invincible Oil. . _t d ___ Iron Prod C orp___ + 80 J R Montgomery 100 95 107 P re fe rr e d -_ 100 _ Jewel T ea_ ..1 0 0 _ 19 Preferred _____ 100 103 Johns-Mauv, I n e ..t d 132 Johnson Tin Foil 70 & M eta l.. . 100 Jones Bros T e a ..100 1954 Jones & Laughlin Steel 7 7 pref. 100 11154 0 Jordan Motor C a r .f d 44 54 75 Juncos Cent Sug. 100 K C Stk Ads of M e .. 93 Preferred . ..1 00 77 Kanawha & Hock Coal & C o k e ..100 5 50 Preferred_____100 Kans & Gulf C o .. 10 d 1 Kayser (Jul) & C o_t d 2354 1st preferred___ T d 8554 Keith (Geo E) Co— 93 1st preferred.. 100 Kellv-Sroringf Tire i 5 d al554 44 8% preferred. .100 cum p r e f.. 100 5054 97 Kelsey Wheel_ 100 _ 109 Preferred_ .100 _ Kendall M fg______ t d 10 85 Preferred . . ..1 0 0 ____ Kentucky W ag..100 Keyst Tire & R _ 10 d _ i 54 Kinney (G R) _ _T d 78 Preferred- _ .100 9954 95 Kirby L um ber.. 100 ____ Preferred. . . 100 Kresge Dept Stores t d 32 )i Preferred_____100 8854 Kresge (S S) C o . 100 485 Preferred . 100 100 Kress (S H) & Co 100 320 Preferred . . . lOO 120 Kupp’h’mer (B )_ 5 _ 2754 97 Preferred_ .100 _ Lake Sup Corp. .100 4 54 Lake of the Woods M illin g ._____100 r 18654 Preferred_ -100 r 122 V2 _ Landers, Frary & Clark ________ 25 d 70 Lanst Monotype 100 7654 50 Larrowe Milling___ 106 Preferred _____ Laurentide C o ..100 r 81 Lee Rub & Tire____t d 12 M Leh Coal & Nav._50 d 9454 Lehigh Val Coal Sales . . . . 50 d 82 Leh & W-B C o a l..50 d ____ Libbey-Owens Sheet Glass____25 a 1 0 3 Preferred . 100 110 Libby, M cNeil & Libby_______ .10 d 7 54 S to c k s. Par. Bid. Ask. S to c k s. Ask S to c k s. Par. Bid. Nat Supply Co . 50 20 Preferred _. 100 Nat Tea com . . _ . f 106 Nat’l Transit 12.50 67 6654 Natomas Co of Cal d d d d 69 10654 235 25 k Last sale, Ask. Per share. Per share. _ 6954 Proc & Gamble_ 2C d 11954 Preferred. .1 0 C 155 6 % pref erred.. 10C 240 107 54 2554 Prod & Ref Corp.5C d 32 V, Preferred . .50 d 46)4 8 14154 654 354 Punta Alegre Sug.50 d 43 New Departure 118 Pure Oil Co ._ .25 d 32)4 M fg p r e f _ 100 _ 105 82 New Eng Bakery 100 6 % preferred.. 10C 1 st preferred .lOO 8 % preferred..IOC 10554 5754 Quaker Oats . 100 340 2 d preferred 10 0 6954 Preferred. IOC 1 0 2 New England Spun 2 Radio Corp t d 65 5 Silk pref_____ 100 107 110 4 654 Preferred. 5C _ 194 51 23 54 N J Zinc_ __ 100 191 Ry Steel-Spring.IOC 131 2314 N J Worsted Mills Preferred_ _ 100 119 103 10 0 654 Reece Button-Hole 5154 New Mexico & Machine . 10 d 16 9 _ Arizona Land_ 1 d 854 79 91 95 Reece Fold M ach. 10 d 254 106)4 New Niquero SuglOO 5154 Reis (Robt) & C o . . t d 10754 N Y Air Brake . _t d 51 Class A stock_ t d 54 54 _ 1 st pref erred . . 1 0 0 68 180 5454 Remington Typ.100 34 47 N Y Oanners I n c .-t d 3314 90 92 97 7% cum pref. .100 1 st preferred . . 1 0 0 98 1st p f Ser S . 100 97 54 26 2654 34 54 N Y D ock______100 57 2 d preferred. 1 0 0 P referred ____100 55 10854 11054 21 Reo M otor Car __10 d 18)4 2 1 > N Y Shipbldg_____t d 16 4 Replogle Steel f d 19)4 10 0 99 37 54 N Y Steam pref. 100 N Y Transit ..1 00 76 Repub I & Steel 100 73 12 5754 Preferred. . .100 Nicholson File 100 178 182 93 Reynolds Spring_ t d 16)4 _ Niles-Bem’t-P’d-100 29 31 153 Reynolds T ob _ 25 d Preferred.. 100 60 10 2 50 B common_____25 d 73)4 Nor & W Stboat.100 225 118 North Amer C o. .10 d 42 54 Preferred.100 1 2 0 68 4254 Rich & Boynton Preferred . 50 d 4654 47 133 41 Partic pref____ t d 39 North & Judd. .25id 39 133 Richmond Rad Northern Pipe L.100 88 87 28 106 10 11 90 100)4 Ogilvie FI M JIs.-100 r 425 Rocky M t F u el.. 100 77 254 148 Preferred- . 100 Now stock _ 116 OB___ 354 Rome Brass & C 100 145 Preferred . . .100 r 12254 158 Rome M fg . . 100 1 0 0 Ohio Body & B l. t d 33 Royal Bak Pow.100 148 8554 Ohio Brass pref .lOO 10154 1 0 2 Preferred. . 100 1 0 0 ) Class B ________ f d 155 50 16 1Royal Dutch Co N Y d 56)4 Ohio Fuel O il.. . 1 d 1554 80 45 7454 Saco-Lowell Shops 4714 Ohio O il.. ______ 25 d 74 54 Preferred . . 100 20 90 2654 Onyx Hosiery. _ . t d 19 2 d preferred 10 0 Preferred . . 100 74 8154 83)4 26 54 Safety Car H & LI 00 113 9354 Orpheum Circuit. 1 d 2554 Preferred___.100 99 99 54 St L Car Co p f. 100 45 Otis E le v a to r_ 50 d 90 _ 9054 St L Cot Comp 100 105 St L Nat Stk Y _ . 100 35 Preferred_____100 98 85 t d 1154 1154 St L Rocky M t & 4554 Otis Steel ______ Pacific Co ..1 0 0 20 54 1 st preferred . 1 0 0 6554 6654 Owens Bottle____25 d 46 54 Preferred . . .100 12 43 54 4654 St Regis Pap, c o m .. Preferred____1O0 111 25 105 33 54 10 2 Preferred . . 97 2 Oxford Paper pfd 100 97 Salt Creek P r o d ..10 d 25 5 Pacific Coast Co 100 29 16 25 4 San Cecil Sug pf.100 66 2 1 st preferred. . 1 0 0 81 42 Sapulpa R e fg .. .5 d s 2 d preferred.. 1 0 0 41 9 954 87 Pacific Mail SS 100 M athfson A lkali.50 d 5654 2 57 Pacific Oil. ._ . _t d 64 54 64 54 Sav Riv Lum pf.100 2 d 71 1554 R gh s ___ ____ d 254 1554 106 Preferred_ _ 100 Preferred___ 100 Preferred___.100 105 86 1914 104 Maxwell-Mot A . 100 Paige-Detroit MotlO 1854 77 80 1854 Schulte Retail S t ..t d 11454 Class B (no p a r ).. d 3 5 136 P re fe r r e d -_ 1O0 _ 110 3554 Pairp int Corp. 100 161 M ay (The) Dept Scovill M fg. . . 100 245 Pan Am Petrol & 80 Stores Co com . 50 d 107 Transpcom . ..5 0 d 71 54 7154 Sears, Roebuck & 10754 Co common .100 161 54 Preferred .100 119 Com Class B ..5 0 d 71 54 130 1954 7154 _ McCall Corp. ..1 0 0 5 Seiberling Rubb_ t d 17 Panhandle P & R - t d 454 78 81 114 1st preferred. 100 122 32 54 Preferred __100 Preferred____100 96 3354 Paragon Refg___ 25 d 6 54 96 44 54 McOrory Stores. . t d 92 654 Shaff O & R p f. .100 125 Non vot cm c lB f d 89 55 Sharon Steel H p ..5 0 d 24 Preferred_____100 50 92 Pref with war.100 Parish & Bing stpd. t d 154 154 Shell Transp & Tr £2 d 44 Without warr lOO 101 Shell Union Oil . _t d 27)4 79 Parke, Davis C o ..25 d 105 d 32 54 d 50 3354 55 100 10 Mengel C o______100 Peck, Stow & Wile 25 d 28 54 Sherw-Williams ..2 5 d 34)4 31 37 40 Merc Stores . 100 440 Peerless Trk & M .50 d 2054 Preferred- . .100 105 460 20 54 Penick & Ford . . f d 26 54 154 Merg Linotype 100 170 171 26 54 Sher-W ms C a n ..100 r 11854 P referred ____100 r Preferred . . 100 108 23 54 Metro-Gold Piet pref d 1854 19 10854 __5 d 354 1954 Shredded W heat. 100 r 149 8954 Mex Eagle JJ 454 Penn Coal & Coke 50 d 19V, Mex Seaboard Oil_T|d 17 4 8454 Simmons Co _ _ fid 36 5 1754 Penn Salt Mfg ..5 0 d 84 96 Michigan Sugar .10|d Preferred _ .100 100 254 754 Penn Seab Steel . . t d 2 54 Simms Petrol C o. 10 d 23 54 1514 Mid States Oil _ 10!d 154 154 Penn Traffic. .254 d 115-16 48 Midland Steel Penn-Mex Fuel_ 25 d 38 _ 3854 Sinclair Cons Oil fid 24 54 53 Products pref. 100 100 102 Penney (J C) pf.100 s 105 s 10554 Preferred_____100 92 54 100 Phelps-Dodge. . 100 125 128 Singer M fg_ .100 _ Midvale C o . _ _t d _ 204 26 2454 Midvale St & Ord.50 d 28 Phila Insul Wire, . f d d 4 54 30 5154 Singer M fg Ltd . £ l 1 Mdler R ubber.. 100 49 Skelly Oil________ 25 d 29 Phil & Read C & 1 t d 48 44 110 Preferred . .100 10554 49 Sloss-Sheff S & 1 .100 Ctfs of int (w i). f d 48 54 86 5 78 Preferred- . .100 Mohawk R ubb. 100 15 Phillip-Jones Corp f d 70 92 2 94 Preferred.. . 100 Smyth M fg C o. 100 270 Preferred- . 100 88 70 80 79 Moline Plow 1st 46 Solar Refining. 1O0 247 Phillips Petrol _ _ .t d 4554 100 pref__ _____ 100 25 Sonora Phon p fd . 100 Phoenix Hosiery . 5 d 20 43 Montgomery Ward 80 90 Southeast Exp .100 Preferred .100 94 Co c o m m o n ._ t d 52 _ Southern Pipe L 100 98 52 54 Pierce-Arrow M ot 33 ' Preferred . . . 100 11354 115 Car Corp . . . t'd 1354 1354 South’n States Oil 10 d 54 93 Class A . f d 116 Preferred___ 100 4754 118 4854 South Penn Oil 100 193 65 54 508 Moon M otor Car _t d 23 54 Prior pref___ __ _ t d 87 V, 89 So Porto RicoSuglOO 24 Preferred . . 100 98 11314 Morris (Philip) ..1 0 d 14 254 1454 Pierce Oil C o rp .. 25 d 254 33 V, 35 S’west Pa P L _ 100 _ 375 Morse Twist Drill Preferred____100 82 & M achinery.. 50 d 82 7 Spalding (AG) & Bro Pierce P etrol.. _ t d 654 29 Mountain Prod_ 10 d 20 _ 1st preferred. 100 9954 2054 Pigg Wigg Corp----f d 100 Spanish River Pulp Mullins B ody. . . t d 1454 Preferred . .100 d 15 & Paper M ..1 0 0 r 10854 5 Preferred- ..1 00 254 8554 Pittsb Brewing. 50 d 8 Preferred- . l00 r 123 Munsingwear Inc. + d 32 Preferred . 50 d 654 3354 187 Mutual Oil. . _ .5 ds 1354 s 1454 Pitts Coal (Pa) .100 51 5154 Spicer Mfg Co . t d 17)4 Nash Motor (no par) d 255 98 Preferred. .100 Preferred_ .100 _ 9 / 54 95 54 257 Pref Class A . . 100 103 Pittsb Oil & Gas .5 d 8 V 89 105 s 854 Stafford Co pref. 100 73 Nash Wareh & El 100 Standard Milling 100 d 6654 Pittsb PI Glass. 100 x 275 5 102 P referred ___ 100 80 Pittsb Steel pref 100 101 7654 Nat Acme C o .. .50 d 654 7 55 59 Nat B isc u it____25 d 6954 58 54 Stand Oil ( C a l ) ...25 d 66)4 70 Pittsb Term CoallOO 88 123 8754 125 6954 Stand Oil (K a n )..25 d 44)4 8154 Nat Candy_____100 10154 Plimpton M fg ColOO 100 61 1st preferred .lOO 108 54 Stand Oil (K y ) ...2 5 d 12354 1254 Porto Ric A T ob . 100 95 98 Stand Oil (Neb) 100 262 2d preferred. .100 10554 106 Postum Cereal_ t d 97 54 _ Nat Cloak & Suit 100 Stand Oil of N J 25 d 4654 72 Preferred_ .100 _ 11454 117 7254 84 Preferred . . . _ 100 103 Power Corp com . . t d 3254 Preferred _ 100 _ 104 3454 11654 ___ Nat Dairy Prod, _t d 48 Preferred . 100 Stand Oil of N Y . .25 d 4854 99 54 4854 Nat Dept Stores_ t d 4054 _ 40 54 Prairie Oil & Gas 100 25854 25954 Stand Oil (Ohio). 100 365 107 1st preferred 100 100 65 Preferred.. . 100 117 New w i . . ____25 d 6454 10054 112 Nat D'ist Prod p re f.f _ Stand Plate Glass f d 1454 124 V 2 125 5954 6054 Prairie Pipe L _ 100 Nat Enam & Stpg 100 55 35 Preferred_ _ 100 77 3554 Pratt & Whit pf.100 Q7 8 86 54 6554 66 89 Nat Fire-Proofing 50 d 1354 90 Stand Sanit M fg 25 d 13454 Preferred_____100 8954 Preferred______ 50 d 31 54 Preferred . 100 35 s Nat Fuel Gas______ 110 Standard Screw. 100 1 2 2 115 National L ea d .. 100 158 Preferred A ..lOO 103 15854 Preferred_____lOo 11654 Stan Text Prod. . 100 1754 National Leather.10 d 6 Preferred A . .100 654 Nat Ref com _____25 d 38 Preferred B _ 100 _ 45 Preferred_____100 12654 Nat Sugar Refg.100 91 93 Liberty M ills. .100 16 10 1454 Library Bureau. 100 115 P re fe rr e d ._ 100 _ 8 103 Lig & Myers T ob.25 d 6554 88 Common B . .25 d 65 < 734 2 8 34 Preferred.100 11654 120 Liggett’s Internat— 150 C o m m o n ._ 100 _ 88 115 Preferred _ . .50 d 56 13354 33 54 Lima L o co m .. . t d 6 8 34 Lindsay Light. . 10 154 Preferred . . .100 6 Lit B r o th e rs ._ 10 d 23 _ . t d 23 54 2154 Loew’s l n c . . 154 d 6 Long B 41 Lum A (t) 51 22 54 Loose Wiles B is.100 7754 1 st preferred . 1 0 0 104 6 8 54 2 d preferred. 1 0 0 81 10054 16 > Lord & T a y lo r.. 100 170 4 1 st preferred . 1 0 0 85 754 91 2 d preferred .lOO 9754 245 Lor Hard (P )_ .25 d 34 _ Preferred- . . 100 109 108 49 Louiiiana Oi! Ref (t) d 2154 110 Ludlum Steel____t!d 37 Lukens Steel_____50 d 5 6 1254 MacAndrews & Forbes_____.100 150 Preferred_____100 113 10 0 Mackay Cos____100 115 Preferred. 100 6 6 54 454 57 Mack Trucks In c._ t d 13254 Sub rets 2d paid 105 d 128 1 st preferred. 1 0 0 10554 10 0 3554 Macy (R H ). . t d 7654 30c. Preferred . 100 11454 157 6 54 Magnolia Petrol. 100 10814 Mallison (H R )____t d 32 54 _ P referred _ 100 83 54 11454 _ 13 34 Manati Sugar_ 100 4954 78 4714 ! Preferred- . 100 2854 Manhat El Sup . . t d 4554 98 Manhattan Shirt.25 d 2654 Preferred.. ..1 0 0 105 5654 Maple Leaf MJ1.100 r 92 73 Preferred .100 r 99 26 Maracaibo Oil 77 Exploration. . t d 3454 .+ d 4554 11554 Marland Oil . 12014 iMarlin-Rockwell 150 Corp v t c . . . f d 1 1 112 Martin-Parry C o r .f d 3354 65 Mason Tire & R . f d 154 Preferred_____1O0 13 2554 Mass Baking com 100 1 st pref erred.. 1 0 0 89 54 a Purchaser also pays accrued div. b Assessment paid, d Price per share, not per cent, price. (N ew stock, u Ex-cash and stock div. v Ex-stock dlv. x Ex-dividend, y Ex-rights, Bid. Par. Per share. 47 n Nominal, t Without par value. r Canadian price, 11954 160 108 3254 47 14254 4354 3254 83 107 350 104 66 52 133 12 0 16)4 2)4 72 48 10 0 10254 112 1854 19)4 58 93 54 16)4 150 7354 12154 3954 33 95 5 754 155 151 10 1 5654 50 95 77 115 55 4754 89 2354 2754 10 0 2554 5 2 87 1 4 4 75 88 115 112)4 250 162 18 100 2454 45 27 54 10054 35 10554 11954 109 3654 102 23 54 2454 93 207 4)4 2954 8654 97)4 250 48 97 99 194 66 102 84 % 10454 10854 18 96 90 6854 84 66 54 69 45 124 264 47 117 4854 367 119 15 78 98 115 128 18 49 37 s Sale [Vol. 120, INDUST. AND MISCEL. STOCKS—MUNIC. BONDfc 48 S to c k s. Par. Bid. Ask. Per share. Stanley W orks. .25 dv 81 Preferred . . . . 25 d 27 Steel Co of C a n .. 100 r 8.3 3* Preferred .100 r 110 Sterling Products t d 633* Stern Bros pref .100 111 Stetson (J B )._ t d 90 P re fe rre d _ _ 25 d 32 Stew-Warn Speed, t d 723* Stromberg-Calrs. .25 d 62 Stromberg Carb— f d 69 Studebaker Corp._ + d 443* _ 100 114 Preferred_ Stutz M otor Car t d 7 Submarine B o a t., f d 93* Sugar Estates O rien tep ref_ _ 95 Superior Oil . . . . t d 53* Superior Steel. 100 34 Swan & Finch .100 253* 93* Sweets Co o f A m . 10 117 34 Swift & C o_____100 Swift Internat’l . 15 d 33 Swinehart T & R.100 Symington Co . -t Class A . . t Telaut’g ’ph C o r p ..f Texas Company 25 Tex Pac Coal&Oil.lO Texas Gulf Sulph 10 Textile Banking 100 Thompson-Starret t Preferred___.100 Tide Water Oil. 100 Timken-Det Axle 10 Preferred . 100 Timken Roll B ear.f d d d d d d d d d d Class A . _ 100 _ Torrington Co ..2 5 d Transcont’l O il., t d Transue & Williams Steel Forging t d Troy Fdy & M ach.25 d _ Preferred _ 100 Trumbull Steel .25 d Preferred 100 Truscon Steel . 10 d Preferred . 10 d Underw’d Typew 25 d Preferred. . 100 d UnJB & P Corp__100 1334 22 133* 483* 1734 1043* 150 82 100 148 33* 70 38 743* 97 3* 4X34 5 83 28 84 64 93 34 723* 67 70 443* 115 73* 10 99 53* 353* 26 103* 118 333* 20c. 40 14 223* 133* 483* 173* 105 160 1483* 4 80 383* 743* 98 49 53* 31 313* 20 203* 983* 183* 39 114 38 103* 393* 120 40 S to c k s. Par. Bid. Ask. Per share. Un Carb & Carbon, t d 67 3* 673* Union Oil of Calif_ _ 42 3* 423* Un Oil Associates.25 d 693* 703* Un St Yds So OmlOO 124 Union Tank Car. 100 121 126 Preferred.. 100 115 116 United Alloy Steel, t d 303* 313* United Cigar Stores o f America_____25 d 63 633* Preferred . . 100 114 120 United Drug___ 100 1133* 114 First preferred-50 d 52 523* United Dyewood.100 21 26 Preferred _ 100 _ 52 843* Un Eng & F dy. .100 138 147 Preferred____100 110 United Fruit___ 100 216 2183* Unit Paper BoardlOO 22 213* Preferred 100 68 623* United Retail Stores Class A . . t d Untd Sh Mach Cor25 d 433* 433* Preferred . . 25 d 273* 273* U S B o b b & Shut. 100 55 60 105 U S Can com . . t d 52 54 Preferred _ 1O0 1023* 105 U S Cast IP&FdylOO d 179 1793* Preferred___ 100 108 1093* U S Distrib_ __ t d 353* _ 36)* Preferred 100 140 160 U S Envelope_ 100 _ 150 155 P re fe rre d ___ 100 110 107 U S Express. . 100 5 4 U S Finishing. .100 92 88 Preferred . 100 87 89 U S Food Prod .100 U S Glass _____ 25 d 20 d 126 1263* Preferred_ _ 100 s 115 s 116 U S Hoffman Mach in ery _______ t d 243* 25 U S Ind Alcohol 100 81 813* Preferred 100 d 105 107 U S Playing Card.20 d 1083* 110 U S Print & Litho— Common . . . 100 58 3* 603* First pref_ .100 _ 99 Second pref_ 100 _ 76 803* U S Radiator___ 100 X 143 148 Preferred_ _ 100 98 100 US Realty&Im p. 100 1263* 1263* 7% preferred.. 100 125 128 S to c k s. Par. U S Rubber_____100 1st preferred ..1 00 U S Sm Ref & M in. 50 P referred.. 50 _ U S Stamping_ 100 U S Steel Corp.-100 Preferred_ _ 100 U S Tobacco t Preferred_ _ 100 Univ Leaf T ob--100 Preferred___ 100 Univ Pipe & R ad. . t Preferred - 100 Utah-Idaho Sugar.6 Vacuum O i l ___ 25 Vanadium Corp_ t _ Vandalia Coal_ 100 _ Preferred 100 Van Raalte C o___ t 1st preferred ..1 00 Ventura Con Oil Fields . . 5 Victor Talk M ..1 0 0 Va-Caro Chem___ t Bid. Ask. S to c k s. P a r. Bid. Ask. Per share. Per share. 413* 943* Western Elec pf.100 1143* West India Sugar F in a n .. . .100 11 Preferred .100 Westing Air B r ’ke _50 d 105 West’hse El & Mf_50 d 74 3* 1st preferred_ 50 d 86 _ Weston El Indus. _t d 133* Class A . _ T d 22 Westmor’d C o a l..50 d 54 W Va Pulp & Pap. . f d 47 Preferred. _ . 94 Wheeling Mold & Fdy c o m . ___ t k Preferred 100 k Wheel Steel Corp . 100 Preferred A _ 100 _ k k Preferred B _ 100 _ White Eagle Oil & Refining t d 313* White M otor .50 d 733* Wickwir e-Spencer 22 dx 213* Steel Corp. ..5 d 91 s 933* 3* 1st preferred. .100 d 2 3* 3 d 103* 2 13* Non-vot cl B ___ t d Preferred. . 100 13* 2 753* Ctfs of dep____ 13* 13* Wilson & C o _____t d 7 3* Preferred 100 _ P re fe rr e d -_ 100 213* 123* 123* Ctfs of dep____ 123* Winch-Simmons Co Common._ 100 10 Va Iron C & C ..10 0 40 45 Preferred . 100 V 79 80 Preferred 100 25 V Vivaudou Inc_ t d 103* _ 20 103* Winchester C o. .100 Vulcan Detin’g-.IOO 1st preferred. .100 40 4 8 Com class A -.1 00 2d preferred-.100 20 4 Woods M fg_ .100 r 30 _ Preferred ..100 64 69 7 % pref cl A . .100 Preferred.100 r 69 3* 40 _ Woodward Iron. 100 69 Waldorf System_ t d 183* 19 Preferred . 100 Waltham Watch & 86 d 1173* d 12 13 Prior p re f.. ..1 0 0 Worthington Pump 74 70 683* _ 24 3* & M ach. 100 Preferred_ .100 253* 8434 Walworth M fg_ 20 d 193* _ 20 Preferred A _ 100 _ Warwick I & St. .10 d 7 3* Preferred B .100 8 7134 Wright Aeron . _t d 17 3* Wash Crosby pf.100 109 112 Wrigley (Wm) J r _ .f d 49 3 Washburn Wire. 100 117 4 Preferred___ 100 115 Yale & Towne. 25 d 683* Washington O il-.10 d 30 Yellow Cab M fg -.10 d 38 32 Wash Market___ 50 d 50 Young (J S) Co .100 120 54 _ Weber & Heilbr_ t d 183* Preferred100 100 19 _____ t d 55 Youngstown Sheet New _ Wells Fargo & C o . . ! d 12 3* & Tube _. t d 713* 133* Welsb’ch Co ComlOO Preferred.. . 100 104 50 413* 943* 363* 46 453* k 110 1263* 1263* 123 124 d 52 3* 55 1043* 109 40 46 90 94 d 40 403* 77 77 3* d 2.90 3.10 913* 92 d 2834 283* 33* 8 d 15 3* 21 60 673* 1163* 17 d 36 b Assessment paid. d Price per share, not per cent, k Last sale, n Nominal, r Canadian price, stock dividend. » Ex-stock dividend, z Ex-dividend, y Ex-rights, t Without par value. s Sale price, t New stock, 106 743* 87 133* 22 3* 56 52 100 5 30 503* 1023* 118 313* 743* 3* 25 103* 75 3* 73* 23 ____ ____ ____ ____ 72 94 1173* 683* 85 72 173* 493* 70 403* 124 105 723* 1043* u Ex-cash and UNITED STATES AND MUNICIPAL BONDS In State and municipal bonds the custom has always been to quote them “ and Interest.” That Is. the acorued Interest must In all cases be added on. There are a very few Instances which form exceptions to the rule— that is. where the prices kItuu are flat prices, the accrued interest having been takenlnto account in making them. These are indicated by a special mark, thus (/). The figures In the ooluma "to net” Indicate tha basis on which the securities sell or the Interest rate which the securities is held to maturity will net to the purchaser at the present market price. To Net. A ik . UNITED STATES— Be e also page 1 2s Pan Can N ot 1938._Q-F 10034 10134 3s Panama Canal 1961 .Q -M 9534 101 3s Conversions 1945-47. .Q-J 9534 U S Ctfs of indebtedness____ 6 2.75 2 .08 % U S Treasury notes________ b 3.77 3 .42 % Instrumentalities of U S Gov t— Fed F’m L 43*s ’37.M&N 1003 * 1 0 0 3 4 Fed F’m L’n 5s ’41.M &N 10334 10334 FedLandBk43*s’ 42 M&N 1003 * 101 43*s 1943 op 1933..J&J 1003* 10134 43*8 ’53 op ’3 3 ___J&J 10034 1013* 4>*8 ’39 op ’ 24 M&N 100 34 10034 4Ms 1953 opt 1933.J&J 10234 103 Fed Ld Bk of Sprlngf .Mass 5s May 1’40 op’25 M&N 10034 43*8 1953 opt 1933. 10134 10134 Fed’l Intermed Cred Bks 43*s Feb 1 1 9 2 6 .. F&A b 4% 3 .75% b 4% 3 .7 5 % 434 Apr 15 1926___ 434s June 16 ’ 26.J&D16 b 4% 3 .7 5 % 434s Feb 1 1 9 2 7 ..F&A 64 34% 334% 434s Oct 15 ’ 27.A & 015 64 M % TERRITORIES AND U. S. POSSESSIONS Hawaii, Territory of— 434s Sept 15 1949.M&S15 6 4.50 4 .25 % 4s May 15 ’ 46 op ’3 6.M&N 6 4.50 4 .25 % 4s Aug 1947 ODt ’3 7..F & A 6 4.50 4 .2 5 % Philippine Islands— 107 534s Imp Sept 1950.-Q -M 105 434 July 1 & 15 1952.J&J 9634 9734 96 94 4s g L Pur '34 opt '14.Q -F 96 94 4s P Wks & Imp 1935.Q-M 96 4s Impt 1936 opt ’ 16. F&A 94 Porto Rico 434s ’ 31-’ 34_J&J 434_s 1937-1940...........J&J 48 Jan 1 1944-1950___J&J 4s gold 1925-1960____J&J 48 Road 1927-1930___J&J ALABAMA 434s Renewal 1950____ J&J 434s Road 1925-1931_______ 4s renewal Cl C 1956___J&J 334s renewal Jan 1956. .J&J Birmingham 7s 1931..J&D6 534s March 1 1 9 2 7 ... M&S 5s School Apr 1 1950. A&O 5s School 1934_______ J&J 6s Fund Sep 20 ’ 4 1..M & S Jefferson Co— 5s 1949______ 434s July 1 1931_____ J&J 434s Hospital 1963___J&J Mobile— 5s School ’ 43.J&D 5s Sewer Nov 1 1942.M&N 5s Dock Nov 1 1947.M&N 5s Refunding 1949_ M&S _ 4 34s Refunding 1937. A&O 434s Water & Sew '3 9 . J&J bBasis. /F la t price, n Nominal. Bonds. Bid. A ik . 4.40 4.90 4.90 4.65 4.65 4.65 4.65 4.65 4.80 4.75 4.50 5.30 5.25 5.25 5.20 53*s 1950-1969.......... J&J 58 1949 opt 1929_____J&J CALIFORNIA 6 4.25 6 4.25 4s Harb Imp 1985 op ’50. J&J 4.35 4s Highw July 3 ’ 25^’ 61.J&J 4.35 4.30 4.30 4.25 Berkley 5s 1942-1951_ J&J _ 5s School 1926-1955 .J&J 4.30 Imperial Irrig Dist 6s’ 3 4.25 Los Ang— 43$s 1925-51. J&D 4.30 4s Water 1925 to ’45.M&N 4.30 33*s Water ’ 25 to ’41. A&O 4.75 43*s Sch 1925 to ’ 44. J&D 4.25 5s Munic 1926-'61._. 4.60 4.55 53*s Harblmp’ 25-’ 61M&N 4.60 Los A C S D 53*s’ 25-34M&N 53*s Nov 1 9 3 5 -6 0 ...M&N 4.65 i lZa’ OK.Mfl C l. A 4.55 T,r.a i n , 4.60 4.55 4.55 4.55 Oakland S D 4s ’ 25-’44..J& J 4.55 Orange Co 5s 1925-45.. 4.50 Pasadena— 4s Jan’ 26-’ 4 4.50 * Tax Free in Connecticut. To Net. 4.40 4.60 4.70 4.25 4.90 4.70 4.75 4.50 4.65 4.75 5 4.85 Mobile Co 5s ref 1928..M&S 5s Road Feb 1932___F&A 5s Nov 1 1947_____M&N 4s C H & Jail 1926 ...J & J Montgomery— 6s 1951 .J&J 5s Funding 1940_____ J&J 5s Nov 1 1950______ M&N 43*8 Water 1928____A&O 43*s Sch WW&Sew’44 J&J Montgom’y Co— 5s ’3 5 .A&O Selma 5s 1927opt 1910.M&N Sumter Co 5s 1950____F&A ARIZONA 43*sref Apr’ 3 8 o p ’ 28.J&J 15 Maricopa County S D No 1 5s March 1933_______ Mar 8s Highway ’ 47-’ 51.J&J15 Phoenix— 43*s ’ 50 op’30.J&J 6s Jan 1 1946_________J&J 5s School March 1933 5s Jan 1 1954 opt 1934.J&J 5 S W W 1926-1950_ J&J _ Prescott— 5s 1948______ J&J Tucson— 5s Water 1950.J&J 43*s W Mar 10 ’ 38.M ARKANSAS St Francis Lev D 6s ’47.J&J l 001 Bid. C-ek 4 r-1 0 O1 Bonds. 4.15 % % 4.15 b 4.25 to 4.10 b 4.75 to 4.65 b 4.75 to 4.60 % 4.65 4.50 4.50 1023 * '1043* 4“ .30 4.30 4.30 4.30 4.40 4.30 4.30 4.50 6 4.60 to 4.50 % 4.40 4.50 4.50 4.50 4.50 4.60 4.50 4.50 Bonds. Redlands— 5s 1925-51J&J15 Riverside 5s 1925-53___J&D Riverside Co 5s ’ 25-’ 54. M&N Sacramento 4s Jan’ 26-’ 45 opt 43Ss Sew & Dr ’ 27-’34.J&J Sacram’to Co 4 3*s’ 25-4 6. J& D SanDiego 5s W W ’ 25-’54A&0 5s Water 1934-53____F&A 43*8 Wh&Har ’ 26-’ 52_J&J San Francisco 5sg’ 2 5 ’55.J&J 5s Munic 1925-1960..J&J 5s School 1931-1966 _____ 43*s Water 1 92 5 -2 9...J&J 43*s Water 1930-1964 . . . 33*s g July 1 ’ 25-’ 44..J&J SanJoaquinCo 5s’ 25-’ 49.J&J San Mateo Co 5s ’ 25-’42_ J&J Santa Barbara 25-41 5sJan 10 43*s gold Aug 1943..F&A CANADA — See paoe 49. COLORADO Boulder 5s Sept 11926.M&S Colo Spgs 4s ’ 29 op ’ 14.M&S 4s Ref Water Mar 1 1 9 4 1 .. Delta Co 5s ref'30 op’ 20 J&D Denver 5s Aug 15 ’ 28.F& A15 Denver (City and County)— 4 3*s Water Nov’48.M &N 43*s Water 1944_____ J&J 5 D No 1 43*s ’34-’53.J&J Las Animas Co 43*s’31.J&J PuebloCo43*sref’31op’21J&J Pueblo Co SD No 20— 43*s 1932___________ M&S CONNECTICUT ♦33*s April 1934.......... A&O *4s July 1936................... J&J *5s July 1 1 9 3 6 ............ J&J Bridgeport— *58’ 25-49. J&D 43*s Bridge 1925-60..J&J 4 3*s High Sch ’ 26-’ 63. J&J ♦4 3*8 Sewer 1925 449____ 43*8 School 1927-19______ 33*sImprovt 1925-41.J&J ♦5s Constr’n ’ 25-’ 48.J&D Bristol 4 3*s Water 1939. J&J *5s July 1 1 9 2 6 -5 5 ...J&J Danbury 4s Water 1946. J&J 3 3* s Funding O ct’41.A& 0 East Hartford Fire District *53*s 1927-1951____M&N 4s Water June 1933..J&D Glastonbury 43<s ’ 26-’58J&J Hartford 33*s Bdge ’ 55.J&J ♦4s Water June’30-’39J&D ♦4s Water 1940-45_ J&D _ 4s High Sch ’26-’5 5 ..J&J 43*s Munic Bldg’ 33_M&N *4>*s Permlmp’ 25-*27J&D Bid. b 4.70 b b b b 4.70 4.70 4.70 4.70 100 083* 963* 99 1013* Aik . To Net. 4.60 4.60 4.60 4.50 4.50 to 4.55 % 4.60 4.60 4.60 4.40 4.40 4.40 4.40 4.40 4.40 to 4.55 % to 4.55 % to 4.55 % to 4.55 % 101 99 973* 100 10 23 * b 4.40 4 .1 0 % b 4.30 4 .2 0 % b 4.35 4 .2 5 % 99 100 983* 993* 983* b 4.25 b 4.35 6 4.35 b 4.25 b 4.35 b 4.35 b 4.25 b 4.10 b 4.10 993* 3.85 3.85 3.85 to 4.10 % to 4.15 % to 4.15 % to 4.10 % to 4 .15{ % to 4.15 % to 4.10 % to 3.90 % to 3.90 % 4.15 4.15 b 4.30 to 4.10 % ........... 1 4.15 ______ ! 4 b 4.20 to 4.05 % b 4.10 to 3.95 % b 4.10 to 3.95 % b 4.20 to 4.05 % b 4.20 to 4.05 % b 4.10 to 3.90 % B onds. 19 STATE AND MUNICIPAL BONDS F eb., 1925.] did. A »l. To Net. Bonds Bid. Ask. To 1 Net.' Bonds. Bid. it i. To N ot- R o t’dam (C) ext 6s ’ 64. M&N 1 0 1 % 101% ___ Hartford School Districts— Chinese Government— O San Juan (City of) Porto Ri C --•4%s Arsenal’ 25-’ 47. MAS 5 4.1C to 4 % Hukuang Rys 5s £.,T&D15 42 42M 5s R ef & Im p 1926-36. J&J •4%s Northeast 1959 J&D b 4.10 to 4 5s of 1896 £ red 1933. A&O l 94 96 Sao Paulo (C ity ), Brazil— •4%s 2d North 1944._J&J b 4.10 to 4 4 Ms of ’ 98 £ red ’ 44 M&S 1 79 81 80% 6 % Ext s f 1943____M&N 81% . . . 8%s South Sept 1955.M&S b 4.10 to 4% 4s (of 1895) 1931____J&J — 99 98% Ext s f 8s, 1952____M &N 4%s Sout.hwestl944.M&N b 4.10 to 4% English stamped_______ tc/83 M 86 M Soissons (C ity ), France— •4%sWash’ t’n ’ 26-’ 47 J&J b 4.10 to 4% French stamped_______ tc!82% 85% 84% ___ 84 Ext g 6s, N ov 1 4 ’ 30.M & N 4s West Middle 1937. F&A 6 4.10 to 4 % Colombia (Republic o f)— T ok y o (C ity of) 5s of 1912— Meriden (T) 4s ’ 25-’35.M&N 99 % 99% 6 % % gold notes ’ 27 A&O 96M 67% — Red ann s f beg’ 17-52M&S 67% Middletown (T)*4s 1930 F&A 96 97 Cuban 5s 1944 op 1911.M&S Trondhjem (City) Norway— New Britain (C) 3 % s’ 32.J&J b 4.05 to 4% “ E xtl” g 4 Ms ’ 49 op .F & A 82 84 Vo 98% — 98% S f ext’l 6% s temp '4 4 .J&J 4s Munlc Bldg 1948. _J&J b 4.05 to 4% “ E xtl” g 5s 1949____F&A 95 96 Zurich (Switzerland)— 4%s School 1925-’ 40.F&A b 4.05 to 4% “ External” s f 5 Ms Jan | S f g 8s Oct 15 ’ 4 3 .A & 0 15 110 4%s School 1940-’ 52.F&A b 4.05 to 4% 15 1953__________ J&J15 111% . . . 98% 98M 4% s Water Aug ’4 1 .F&A b 4.05 to 4% Czechoslovak Republic— | CA N A D A — (.New York P r i ce«.) 4%8 Sch Aug ’ 25-’ 43.F&A b 4.05 to 4% 100% Ext s f 8s ’ 22 due ’ 51. A&O 100 4%s Sch Aug 1929..F&A b 4.05 to 4% 100% ___i Dominion of Canada— Ext s f 8s '22 due ’ 5 2 .A&O 100 5s Refdg Oct 13 ’ 43 A&OI 5 101% 102% — •5s Park 1925-1943 ..F& A b 4.05 to 4% Denmark ext g 8s '45A & 015 110M 111 * 5s Refdg Oct 15 ’ 28 A & 015 100% 101% . . . New Hav(C)3%s’ 25-’ 35A&0 6 4% to 3.95 Ext 6s Jan 1 1942____J&J 101% 102 5s 1926_____________ A&O 100%l 101% — 4s Sewerage 1925-’ 29_ A&O 102 to 3.95,% 4% Dom inican Rep 5s ’ 58 F&A 102M 102% . . . 5s 1931_______ _____ A&O 102 •4sApr 21940,tax ext. A&O 4% to 3.95,% Cust Adm s f 5M S '42M&S 93 94 M 5s Mar 1 1937______ M&S 103% 104% . . . 4% s Paving Mar 1936M&S 4% to 3.9 5% External 5Ms 1953..M & N 5s Oct 1931________ A&O 102% 102% . . . 4%S 1943-1952________ 4% to 3.9 5% Dutch E Indies 6s ’ 4 7 . . J&J 100 100% 5s M ay 1952_______ M&N 102% 103% . . . •4%s Paving Aug ’37 F&A Ext S f 6s 1962_______M&S 100 4% to 3.95% 100% 5s Dec 1925_____ J&D 100% 1 0 1 % . . . •4% sM chl5’ 27,’35M&S15 95% 4% to 3.95 % E x tl 5Ms Mar 1953.M&S 96 •5a 136,’37,’39,’40,’ 4l A&O 8 M % gold notes 1929 F&A 102% 103% — to 3.95% 95% 4% Extl 5 Ms N ov 1953.M&N 96 5% s Viet Ln Dec ’ 2 7 .J&D 102% 103% . . . •5s 1925-1951 _______ J&J 4% to 3.9 5% Finland (Republic of)— 5 %s Viet Ln N ov ’ 33M&N 106 106% . . . New Haven (Town)— 86% 87 External 8 f 6s 1945.M&S 5% s Viet Ln N ov '34M &N 104 104% — •3Ms AirLRR ’ 25-’ 29 J&J 90 M 91 6 Ms Munic loan of’ 24-’ 54 A ... 5% s Viet Ln Dec ’ 3 7 .J&D 108% 109 New London 4s 1933___A&O 95 91 Class B 90M 5% s Renew N ov ’ 27.M & N 102 102% . . . 4% s Park July 1942._J&J 100 27 28 France (Republic of) 4s 1917 — 5% s Renew N ov ’ 32 .M & N 103% 104 Norwalk (C) 3 Ms 1929.J&J 5 % National Loan not red 5 Alberta, Prov of 6s ’ 30 M&N 4s Ref Sewer ’ 27-’ 28..J&J before Jan 1931 ..Q -F 16 »$32 $33 4 5% deb M ay 1 19 2 5 .M&N 4s Sch Mch 1954-’64_____ 37 38 5s premium 1920_ _ Brit Columbia (Province of) 4% s Sch Mch 1929-’5 3 .— $38 6% National loan of 1920 u$37 4 6s June 30 1925..J& D 30 •4%s Improvt ’ 25-’39 J&J 7s ext of ’ 24-’ 49 temp J&D 91M 91% 4.30 Norwalk (T) 4% s ’42..J& D 6s Apr 25 1926____ . . . 94 100% 7Ms External 1941. .J& D 100 4.30 6s July 15 1 9 2 6 ...J&J 15 Norwich— 3 Ms 1 9 2 5 ...J&D b 4.50 to 3.7 5% 8% ext g loan’ 45 M&S 15 1 0 3 % 103 M 5 4s Gas & Elec 1931..A & 0 b 4.35 to 4.1 5% 5s Jan 15 1948____J&J15 95% German extl 7s 1949.A& 015 95% 5.40 Calgary 5s 1933_______ J&J 4Ms Water Mar ’39 M&S b 4.35 to 4.1 5% 88 88% Greek G ovt s f 7s 1964.M&N 5.40 5s June 15 19 35...J & D 15 4 Ms Refunding 1938 A&O b 4.35 to 4.1 5% H aiti(R ep)6% Ex’ 52 A.A&O 93M 94 % 5.40 5s July 1 1945_______ J&J 4.05 Hungary (Kingdom of)— Putnam (T) 4%s*25-’ 46A&0 5.20 4 Ms Water 1 925-27..F&A Galt 4 %s Apr 1 8 ’ 31 .A & O 08 4.05 90 5 f g 7 Ms 1944 int rets F&A 89% 5.20 4.05 Industrial Bank of Japan— 4Ms Water 1928&’30F&A 4 %s ElPowJ’ne5’ 31 J&D5 5.10 Stamford (C) 4s, 1942. M&N Halifax N S 4s July 1945___ 4.15 99 % 99% 6% notes 1927____ F&A15 5.10 4.15 Italian G ov 6M sserA ’ 25F&A Stamford(T) 4 % s’ 25 ’45.J&J 5s Jan 1951_________ J&J 99?4: 100' " 4.95 H am ilton-4s Apr 1 ’ 32 A&O 4.05 Stonington 4Ms ’28&’33A&0 5 % Int 1926-1941____J&J u$40% $40% 4.90 4s Elec L & P 1 9 4 1 ..A&O •Stratford 6s 1925-31.M&S b 4.3C to 4.10 42% *•■!■«,% 5% Treasury notes 19 25.. / 41M 5.20 Lachine P Q 5s 1954 . J&D Torrington *5 Ms ’ 30-’35J&J b 4.30 to 4.10,% Japanese Government— 5 MaisonneuveQ 5% s’ 30 M&N •5Ms Fund 1936-41..J&J b 4.30 to 4.10,% 63 48 £ ’ 54 opt ’ 10.J30 & D31 l 61 5.05 5% s M ay 1 1936____M&N •Wallingford ( Town) 4Ms 4% s£ Jan’ 31 opt aft’ 21 J&J c 82 82% M anitoba, Province of— 1933, ’38, '43, ’48, ’53____ ______ 4.05 S f 6Ms 1954 temp . . F&A 91% 91% 4 Waterbury3%sSch’ 26-32J&J b 4.15 to 4.05|% 6s gold Apr 1 1925. A&O Oriental Devel C o, Ltd— 6s gold Feb 2 1 9 3 0 ..F&A2 4s Park July ’ 25-’ 58..J&J b 4.15 to 4.0 5% 84 104% 5 85% Ext 6s 1953______ M&S 5s 1944____________ J&D2 4Ms City Hall ’ 25 ’63.J&J b 4.15 to 4.05 % 108 100% 4.90 Newfound 6Ms ’ 36 J&D30 106 4,95 4s gold 1930_______ M&N 96 •4Ms Water ’49-’93..J&J b 4.15 to 4.0 5% 105% Netherl’ds 6s ’ 72 (/Zo*).M&S /1 0 5 5.25 4s Drainage July 1 ’ 29 J&J 4Ms 1934-1964........... ........ b 4.15 to 4 .0 5 % sl05% 6s 1972 Series B ____ 4.90 4Ms 1946-1953____ J&J15 b 4.15 to 4.05 % Montreal 5s Dec 1 ’ 4 5 ..J& D Ext 6s 1954................ A&O 102% 103 4.90 5s s f N ov 1 1 9 30...M & N 4 Ms Water 1935-’ 64..J&J b 4.15 to 4.0 5% N orway 8 % ext 1940.A&O H IM 112% 3.75 4% s M ay 1 1923____M&N •4 Ms 1925-1934...J&J15 b 4.15 to 4.0 5% 99% 100 101 Extl s f 6s 1943_ F&A 15 _ 4.90 Windsor 6s 1925-26____J&J 101 4% s M ay 1 9 3 4 . . _______ 99 % 100 E xtl s f 6s 1944 Int ctf.F& A 4.90 West Hartf’d 4 Ms 1943.J&D 101 4% s Jan 1944_______ J&J 99 % 99% 6s Ext Oct 15 ’ 5 2 ..A & 0 1 5 3.95 DELAWARE 4s M ay 1925_______ M&N Panama(Rep)ext5M s’ 53J&D 100 % 1 0 1 % 4.40 3a Dec 1 1927 opt ’0 2 ..J&D 4s M ay 1927_______ M&N 4 Peru (Repub) 8s 1932..J& D 102M 103 4.90 4 Ms Highway 1960____J&J 4s M ay 1 1933 £ ____M&N 4.20 Poland (Rep of) 6s ’40. A&O 75 76% 4% 4s M ay 1 1944_____ M&N 4.20 , Queensland (State of) Austra lia— 4Ms Jan 1 1961_________J&J 4% DoverSpecSD5s’25-’46. A&O 3% s Rfg M ay 19 3 9 .M&N 110% 4.60 Ext 7s Oct 1 1941...A & O 110 4.90 Kent Co 4 Ms 1945-1950M&S New Brunswick 3% s ’ 33 J&J 4.45 I Ext g 6s Feb 15 1947 F&A 15 103 % 104 4.90 NewCastleCo4 Ms’ 26-34J& D 4.25 R io Grande D o Sul (State) 4s July 3 1930_______ J&J 4.90 4s 1932 ODt 1902 . .J& J 5Ms 1925-1928______ J&J 4.20 Brazil ext s f 8s Oct 1946. _ 95 96% 4 5Ms 1936-1944______ J&J 444s Dec 1 1925 ...J & D s 17% 4.50 Russian 6Ms June 18 ’ 19 J&J s 16 4 Sussex Co 5s 1931-1970.J&J 5s Dec 1 1925_______ J&D 4.60 16 5 M % Ext Ln D ec’ 21_J,‘ “ 15 6.00 Wllm’gton— 4Ms’ 28-’37A&0 North Vancouver 3s ’ 60 J&J 4 20 Salvador (Republic o f)— 4.20 4 MsBldg-Con ’ 53-62 M&S Nova Scotia, P rov, 5s ’ 26J&J 4.25 1st 1 s f 8s 1948 Ser A . .J&J 103 % 103% 4.15 4s St & Sew Apr ’ 25. A&O 4%S Aug 1 1926_____ F&A 3.75 4.90 5s (A & O) 1947-49-A&O 5s 1934_____________ F&A 4.30 8% external loan 1936. J&J 102M 103 4.95 FLORIDA 6s N ov 15 19 30.. M&N15 7s’ 46 (peril,000milreis) . . /$105 $130 4.65 Dade Co 5s Oct 1947-54. Ontario (Prov) 6s, ’ 27 M&N15 4.60 Salne, Dep of (France)— 5 Duval Co 5Ms’32 op’ 12M&N 100 6s Sept 15 1943___M &S15 90% 91 Ext g 7s 1942________ J&J 4.20 5s Armory 1944______ J&J 5s D ec 1 1926_______ J&D 4.60 Serbs Croats & Slov(K ing of) 3.75 Everglades Drainage Dist— 4% s M ay 1925_____ M&N Ext 8s 1962________ M&N 85% S6 4.85 99 6s 1925-1935.......... .M&N 4% s 1944___________M&S 101 103% 104% 4.85 1933 to 1941______ J&.l 106 109 4SL941_____________ M&N 5% s external 1954..M & N 99% 99% 4.10 4s March 1 1920____M&S 5Ms 1931-1948______ J&J b 5 % % 5% Switzerland— 5% s 1929 F&A 101 " 101% 4.85 3V«s 1938 __ . . . _ _J&J 98 Hamilton Co 5s Feb 7 '48___ 101% 5% s External 1 9 4 6 ..A&O 102 M Hernando Co 5s 1 9 4 4 ..J&J 98 Ottawa City 5s ’ 25-’ 4 3 ..J& J 6 4% to 4.90 % 5s Extl Aug 1 1 9 2 6 ..F&A 100M 101 Jacksonville 5s Jan 1 '36. J&J 6s M unic Im p ’ 25-’ 50.J&J b 5.05 to 4% 4.50 S F gold 8s 1940____ J&J 115M 116% _ _ 4 %s ’ 25, ’ 34, ’ 35, ’ 44.J&J b 4% to 4.85 % 4 Ms Feb 1937________F&A 4.50 U S of M exico 6s A 1933____ / 41 42 Jacksonv SD No 1 5s Apr’ 45 3% s Sew Sep 20 ’ 28.M & S b 4.25 to 4.85 % 4.70 fc 45 5s g Ext L ’n 1945 £ .Q ’Jan 3.75 Key West 5s 1942______ J&J 100 Quebec, Prov, 6s, ’ 2 5 ..M&S 41 A ssen tin g _____________ / 40M 4.20 Miami 5s 1925-1944____J&J 5s June 1 1926 ____J&D 4.70 5s Internal 1894. , _______ / 7 4.95 6s School 1940______ J&D Quebec City 3% s g ’ 30 J&J 5 4s gold 1954________ J&D / 24 4.95 Orange County 5s 1944.J&J 100 3 %s July 1 1933_____ J&J 24% / 24% 5.50 Pensacola 4 Ms ref 1941.A&O Regina 5s 1929______ -J&J 29% 4.75 / 29% 5.70 6% School 1926-51...J& J Treasury notes 6s ext 1933 StBonlface,M an,5s ’ 31 J&J2 5 Polk Co 5s Road ’ 25-’ 40 J&J 42% Saskatchewan (Prov)— 5 / 40M 4.90 4.85 St Petersburg 5 Ms 1949.J&J 5s 1943 (non-call.).J& D 15 3s Intern al silver____ b 6% 6 % % Tampa 5s June’55 op’25 .J&J South Vancouver, B . C .— 4.70 5s Internal silver_____ b 9% 8 % % 4,90 5s Mun Imp ’ 62 op’32J&D 4.70 Uruguay 8s ext 1946. _F&A 107 5s 1927-1946______ J&D30 108 5s W W Purch’ 25-’ 72F&A 4.70 FO REIGN C IT IE S , A c. T oronto 5s 1925-1930..J&J b 4% to 4.95 % FOREIGN GOVTS Bergen,Norway,8s ’ 45 M&N 110M 111% 0s 1925-1929...............J&J b 4% to 4.90 % 102% Argentine Repub— 7s’ 27F&A 102 25-yr s f 6s temp 1949 A&O 6s 1930-1940...............J&J b 5 % to 5 05 % 97 97% 5.06 Internal 5s of '0 9 ’ 4 5 .M&S Berne (City) Switzerland— 5s 1940-1950________ J&J 83 M 35M 4 $71% 4s £ loan of 1897___ A&O 4%8 Julv 1 1925_____ J&J S f 8s 1945________ M&N 110M 111 4.90 95 Ext 6s of ’23 1957 A.N&S 84% 4 %s Jan 1 1949 _____ J&J Bordeaux (City) 6s '34.M & N 84 M 95 M 4.90 95 1st g 6s 1958 Ser B ..J & D 95% Buenos Aires, Argentine Rep 4 %s Jan 1 1955______ J&J 5 96 % Austrian Gov s f 7s ’43. J&D 97 4s £ July 1 1948______ J&J 85 Guar 5s of 1909-1946 £ J&J p/83 4.90 Belg’nGov7Msylyto’45J&D 109M 109M 97 3% s July 1 1944-’ 45_. J&J Exten 6 Ms 1955_____ J&J 96M 5.10 87% Extl s f 6s 1955______ J&J 98% V ancouver,BC, 5% s’ 39A & 0 Carlsbad (Cit) s f 8s ’ 54. J&J 97% 87 M 5.10 8% E u ’l s f bds’ 41._F&A 107 107 M Christiania (Nor) 8s 1945A&0 110% 111% 5% s 19 5 2 .. _______ F&A 4.85 Extl 6 Ms int rets ’4 9 .M&S 93% 30-yr s f 6s int ctf ’ 54 M&S 97 % 4s St Im p Sept 9’ 27 M&S9 98 93% 5.10 93 Bolivia(Rep)Ext 8s ’47M&N 93 M Copenhagen 4s of 1901.M&N l 83 87 4s St Im p Sept 9’ 32 M&S9 Brazil 8% ext 1941_ J&D _ 4.95 96% 97 Winnipeg, M an, 5s, ’ 44 A&O 5% s M unic. E xt. '44.J&J 96M 96M 5 7s Cent Ry elec 1952 J&D / 83 6s Dec 19 3 0 .. . . .T&D 83 % Danish Cons Municipal Loan 5 f 7 Ms (coff.sec. ’ 22)1952 / l 06% 107 110% 8% s f ext ’ 46 Ser A .F & A 110 4% s non-call 1944..M & N 93 94% ___ 4.90 5s of 1895______________ 4s Aug 1 1946____F&A 15 Series B _______________ 109% 110% ‘ 54 M 55M GEORGIA 5s of 1 9 1 3 ...................... 108 98 Havana— 1st 6s 1939_ Q-J _ 54 M 53M 48 49 105 4% s ref 193.5-1945_____J&J 4,10 4 Ms of 1883_____ ______ 2d 6s_________________ Q-J 93 4 47 48 4 Ms of 1888_____ ______ 85% 85% 4s July 1 1926_________ J&J Lyons (City) 6s 1934.M&N 44 4 43 4s of 1900______________ 85 Marseilles (City) 6s ’ 34.M & N 3% s Jan 1926-1935____J&J 84 M 4.50 43% 4s of 1910......................... Albany— 5s 19 45.. __ J&D Medellin (Munic) (Colombia) 44M 42% 4.40 4s of 1889______________ External 8s 1948____A&O 98 98% Athens— 4 %s .Tune 30 1943 43M 57% 4.15 British— Cons2Ms op’ 23.Q-J 90% 90% M on tev’o(City)sf7sl952J&D Atlanta— 4%sJaD 1 1940J&J 4 Ms War Loan ’ 25-’45J&D 1 101M Porto Alegre (C ity ), Brazil— 4 %s Sewer 1926 '40. .J&J b 3.75 to 4.15 % 5 Msg Feb 1 1937____F&A 106% 106M S f 8s, 1961.......... J&D 95 4.10 3% s July 1 ’ 31 & '3 3 ..J&J 94M 5 Ms g conv Augl929.F&A 117 Prague (Greater) C ity— Augusta— 117M Chili (Republic) 8s 1941.F&A 107% 107M 4 %s Flood Prot ’ 42. M&N 92% 4.20 7 Ms loan of 1925-’ 52_M&N 92M Ext 8s Oct 1 1926____A&O 102% 103 95 06% 4s refunding 1934____J&J R io de Janeiro 8s ’ 4 6 ..A & 0 4.20 100% 101 Ext s f 7s 1942_____ M&N 3% s April 1930____ A&O Ext s f 8s 1947..........A & O 94 4.15 93M S F 8s Nov 1 1 9 4 6 ..M&N 107 i 108 4.35 110 Bibb Co 4% « 1948-49.M&N 7s 1960 (per 100 m ilreis).. 90 4.40 84 — Clarke Co 5s 1926 ’ 4 1 ..J&J 5s 8 f loan of 1909-34.£ J&D 81 b B asis. c Basis $5 to the £. / Flat price. I In London, m Canadian price, n Nona. d per £20. r $ per 1.000 rubles, fla t. a Sale price. $ t Per 1,000 guilders, u S per i 000 lire flat « $ per i.oou francs to S per 500 francs v Par £200 *Tax free in Conn, t Per £300 bond. 50 [Vol. 120, STATE AND MUNICIPAL BONDS To Bid. | Ask. ! Wet. B o n d s. Columbus— 5s 1925-’ 44.J&J 4V*a Refunding 1939-J&J Dougherty Co— 5s School 1925-1948-M&S M acon— 4MjS Oct 19 26-.Q J 4V*s W W 1925 ’ 3 0 --.J & J 4s Pav & Sew *25to’ 39 J&J Pulaski Co 5s 1932-’ 48.-J& J Rome 4V*8 1926_______ J&J 4s M unlc bldg ’ 25-’ 39 A&O Savtnnah— 4V*8 ref ’ 43 .J&J 4V*9 Drainage 1944..F & A 4 V*s refunding 1959 _F&A Spalding Co— 5s ’ 25 '30 J&D b 4.00 to 4 .3 5 % b b b b 4.20 4.25 4.25 4.25 Valdosta 5s 1926-’ 42___ Jan Ware Co 5 s S c h ’ 26-’ 31--J& J 5s Road 1 9 32-1 949 ..-J&J Watkins 8 D 0s ’ 31 ’ 50 M &N W oodbury 8s ’ 27-’ 49___J&D IDAHO 5J4s Impt 1941........... -A& O 5s” llghway 1941_______ J&J 4 V*s Cap Bldg ’ 30-’ 39 .-J& J _ - -.4 .3 5 1 _ 4.50 |4 ______ 4.20 ........... 4.20 ______ 4.70 ______ 4.20 to 4.35 % to 4.12 % to 4.1 2% to 4.12 % ______ 4 A0 _ _ .5.10 ______ 4.40 4.50 4.55 5.10 5.10 4.40 4.40 5 5 5 BolseC’ySD5s’ 25op’ 15 M&N 5s Road 1925-1943 M&N Chicago 4s 19 6 tol927.J& J 4a 1928 to 1935 _____ J&J 4s Jan 1930 & 1931-. J&J 4s Jan 1937 1939_____ J&J 4s Jan 1926 1941 __ -J&J Nfo W Pk 4 )4« '25 '27 J&J No W Pk 434s '25 ’ 28 J&J W Chic Pk 4s 25 '2 7 .J&J W Chic Pk 4s '25 ’ 2 7 .J&J Chicago Satiitary District— 4!4s July 1 1925 ’ 20--J& J 4s Sept 1925-1931_ M&S _ 4s 1925 1942________ J&J Cook C o— 4s 1925___ M&S 434s 1925-1940 ___ A&O Bid. A it. Fort Dodge 5s Fund '39A & 0 Ft Madison 5s ’ 25 '38 J&J Fremont Co 5s ’ 25-’ 35 _J&J 4V*s Water 1943&’44 A&O Ottumwa 4V*s June 1936 Polk Co 4>*s ’ 25 ’ 32 A&O 15 6s ParkAugl 5’ 35-45F& A18 6s Ref Aug 15 1940 F&A15 5s Police F’ d 25-’ 33 M&N Ask. 88 96 96V* 94 V* 94 ” To N e t. 94 V* 4.35 102 103 103 V* no 100 4.55 4.55 4 55 4.50 100 4.35 4 V*s Dec '29 op ’ 19 4.25 4.25 4.35 4s 4s 4.50 4s 4.25 4s 4.20 F&A b 4.15 to 3.50 % b 4.15 to 4% b 4 15 to 3.75 % b 4.40 to 4.50;% b 3.75 to 3 .5 0 % b 4.15 to 3.75 % 5s Feb 1 1942. . .F& A 4«*a Wat & Light 1944J&J 4V*s Sch Bldg 1929 J&J 4V*s Wat Plant Pur’ 39J&J 4 }^s Refg Feb 1 ’ 29 F&A 4 ______ 14.15 Bid. 4.25 5s July 1929-’ 39 _ J&J 4.30 4.30 5s Juiy 1950-’ 59 . J&J ______ 4.25 Plaquemine Parish E Bank— 4 20 5a Oct 1952 opt 1942 A&O 4.25 Pontchartraln District— D 6s 1944 M&N 4 60 4 60 4.25 4 25 14.25 5s 1965 Series D F&A Shreveport— 4.25 5s 1929-1931 F&A 4.30 5s 1932-1936 _ . .F & A 5s 19.37-1901 F&A 4.10 4V*s WW&Sew’ 25-’ 54 J&J 4.10 Ft Scott 4V*s’ 35 op ’ lO-M&S Galena— 5s W W 1925-1943_ J&D _ Hutchinson— 5s 1931-.A&O 6 4 15 to 4% b 3.75 to 3 .5 0 % 4.15 B on d s. 430 5s C ity Hall 1925-39.M&N 4V*s Water 1925&’ 26 A&O To Net. 4.30 New Orleans ( Concluded ) 4.30 4 V*s 1956 1960 J&.T 4.30 4s'Floatlng debt ’ 4 8 -A & 0 4.30; 4.30 4s Public Impt 1950 opt Jajkson Co 5s 1925-30 A&O W aterloo— 4.40 4 « s W W Jan 15 ’ 30 J&J 4.40 4.40 'KANSAS 4 40 U fa 1925-1033 .T&.I 4 34s Highway '35 op '25 J&J ILLIN O IS 4V*s Serv Comp ’ 25 '43-F& A 4J4s Aug 1 1930 ’3 8 . . -F&A 4s May 1 1926'35 . .-M & N 4s Highway 1929-1940. May B on d s MAINE Sept 1 1925-1953 ..M & S Highway 1925-1936. M&R April ’ 28 ’ 31 tax-ex.-A & O State Pier 1933-42__ M&> 4.20 4 20 4.15 4.20 Bath 4s Ref 1941 tax ex. J&D 4.15 Biddeford 4a 1925 35 M&N 4.20 Gardiner Water District— 6 4.25 4 25 4.05 4.05 4.0.5 4.05 97 V* b b b b b 98 96 97 to to to to to to 4% 4.10 3 .95 3.95 3.95 3,95 % % % % % 4.30 4.40 96 4.20 Kennebec Water District— 99 4.20 3 V*s gold 1925 . . .M &N 4.20 Kittery Water District— _ 5s Jan 1926 to 1938_ J&J 6 4 50 4 40% 98 4.50 4.50 Portland— ___ 98 99 6 3.75 to 3.50 % Topeka—~ 4s Aug 1 1929 tax-ex_F&A 98 99 4 1 4s C IT ’ 26 ’ 45 tax-ex. A&O b 4% to 3.50 % 4.15 98 99 b 4.15 to 3.50 % 4s High Sch 1938 tax-exem 49*s i925-1933* . _ .F & A 4.20 Portland Bridge District, ta xab*e ______ 3.50 4V*s Elec Light 1929.J&J * 4.15 % 6 4.15 to 3.303.50 W ichita— 3V*s July ’ 25 to ’ 3 9 ._M&8 b 4 V fta 1020 opt. 1019 J&.T ______ % 4.50 ___ 99 100 48 Ser K 1925 1931 -J&D b 4 % to 3.50 % 4s Funding 1928____J&D W yandotte "County— 97 4s Sat M 19 25 1933 J&D u in to 3 no % 4.25 ___ 97 4s Forest Pres 25-’ 34 A&O b 4.10 to 3.50 % Washington Co 4s 1928.J&J KE N TU CK Y 97 4.50 4.23 3 t*sSept 1035 M&S b 4.60 to 4.50 % 4 V s S I ’ 42,’ 47,’ 52._M &8 b 4.60 to 4.50 % Elgin Sanitary D lst— M ARYLAN D 5s 1925 1944............M &N b 4.35 to 4.20 % Bell County— Joliet— 5s 1 9 2 5 ._____ M&S 4 4.70 6s Ct H Dec 15 ’ 38.J&D15 Moline 414s 1925-’ 32.__J&J 6 4.25 to 4% 4V*S Aug 15 1925-33.F&A15 b 4 10 to 4 % % Covington— 4.30 4s 1920 to 1928 . ........... ........ 6 4 10 to 4% % 6s w W Janl5’ 26-30.J&J15 4 30 4s 1928 opt 1923.......... -J&J b 4 It) to 4% % 0s W W Janl5’ 26 31.J&J15 4 4.30 4s Jan 1 1929 . _____ .J&J 6 4 10 to 4% % o4s Bridge 1925-33M&N15 0s W W Janl5’ 32 61.J&J15 4 4.30 3 V*s 1925 1928 ______F&A * 4 11) to 4% % 49*s Funding 1925 48 F&A 4 4.30 4 s‘Roads 1926 19 30.. .F&A 6 4 10 to 4% % 41*s W W 1925-1951.J&J o4s Ref 1942 . . - -J&J •_____ 6 4 10 to 4% % 4 4.30 4s'W ater 1927_______ J&J 4 4.30 Annapolis 4V*s W W ’ 4 2 A & 0 b 4.30 to 4.10 % 4s Fundg 1952 op '4 2 .F&A 4 4.50 Baltimore— ' Frankfort 4 V*s’ 27dpt’ 17. J&J 4 5s 1925-1946________ M&S b 4.20 to 4.15 % 4.70, 5s Rd & Bldg ’ 25- 26 M&S 5s 1925-1901______ .A & O 6 4 20 to 4.15 % 4 40 4V*s Mar 1 1925-55..M&S 6 4.25 to 4 15 % 4 4s C H Jan 15’ 25-’ 32J&J15 ob ____ Lexington 4s 1945 ____ F&A 4.50 Lexington S D 5s 1938--J& D 4 V*s Mar 1 1955____M&S 6 4 25 to 4 15 % 4 •5 V*sTrackElev’ 31-47 J&J b 4 % to 3 .90 % 4 98 V* 4s Aug 1 1951______ F&A 5s School 1982______ A&O 114 98 V* 98 V* 98V* 4 4V*a Hospital 1951..M&S 104 4 4 W9 School Impt '5 4 . A&O 105 4s Parks 1955______ M&N 98 V * 98 V* _ 98 Vi 98 4s Mar 1 1961______ M&S 98 V* ___ 4s'MunicImpD*eo 1’ 28Q-M 98 V* _ o434s 1926-1955.......... J&J b 4 % to 3.50 % 98 V * 4_____ 4 4s Park 1930 _______ J&J 98 4s Aug 1 1961______ F&A 98V* 6 4% to 3.90 % 4 ^314s C ity Hall 1939 J&J 4s Refg July 1 1937 _J&J 98 3.75 a_____ 4s Sewer 1947_______ F&A 99 3V*s Imp 1940_______ J&J b 4% to 3.90 % 4 4s Louisv W Co 1940.J&J 97 V* 98 V* 3V*s Mar 1945.......... M&S b 4% to 3.90 •4s Blag Sept 1 1946 -J&J 4 3V*R Refunding 1952..J&l b 4% to 3.90 4s Louisv W Co 1950.F&A •3J4s July 1 1941 . -J&J 97 V * 98 V * 4 93 85 V* a5s Oct 20 1925 30 A&O 90 92 3 V*s Sew’ age Imp ’ 80A&O 31*9 gold Refg 1940. M&N 92 4 3 l*s'R efunding 1943.J&J 31*8 Jan 1 1927______ J&J 92 V* 93>* 4.25 fgnlrnmn 4n 1926 1931 M&S 4 84 4 M cCracken County— 4.30 5 4 5s Ref 1933 opt 1913. M&S 4.30 4 5 t^a Seh H ’ 25 ’ 37 J&D 15 4 V*S 1936-1986 _____ A&O 5s Ref 1933 opt 1923 M&S 3.90 4.40 3.75 4.40 4 V*s sewer g 1973____J&J b 4.60 to 4.40 4 LOU ISIAN A 5s 1969____.1_____ ________ b 4.85 to 4.55 % 4.55 3.75 5s Port Com m ’n ’ 25-’ 59-J&J 4 55 M ASSA C H U SE TTS o 3Ug 1926 ..F & A 4.55 3.75 5s Port Com m ’ n ’ 25-’ 55J&D 4.25 4s 1925-52 (tax-exempt) Var 101V* w W N nr ’ 43 M&N h 4 25 4 15% 41*8 Ref 1925-1904 F&A 94 V* 4.50 3V*s g Juy i 1935_ 1 ..J & J _ 4. 15<% , ./llja torn M&S 6 4.25 4. 15% 4.80 3 V*s 1956" reg (tax ex)_.J& J 94 V* 96J* 1041 M&S b 4.25 4 . 1 5 3V*s 1937 reg (tax ex)_.J& J 92 J* fta Sopt. 1932-’72 M&S 15 100 3V* Water 1942 . _ 1 ..J & J 92V* 3.75 102 o4B Apr 17 ’ 25-’ 27 F&A 95V* 3.75 95V* 3s g Nlay 1929________ M&N 5s 1954_____________ A&O 101 103 I4 90 | 4 •Terre H SchC!4s’ 2fl *31 M&S ob 88 «VlgoOo4 V*Dec1ft’ 25 27J&D a. '3 75 5s 1951 opt 1941 . ..J & J 102 i l i m A N T E R R IT O R Y 87V* Oklah om a) 4.60 Attleborough— i 5s School 1929-1943. _J&J IOW A 3V*s March 1935____M&S 93V* 4.10 Fifth District Levee— 4V£s 1927-1020 J&D fta 1950 opt, 1940 .T&J Beverley 4s 1925-1936..A & O 98V* 4.10 99 4Wfl 1032 1033 J&D 1 4.15 99 Boston— 5s 1952 opt 1942_____ J&J i t i s 1934 1940 - -J&D 4 V*s Tun 1900 tax e x . A&O 105 V* Bonne 4f*s 1925^31 M&N 4.25 99 5s Oct 15 1962 op ’ 52 A&O Burlington 4 1 4 s ’ 25-’ 33M&N __ 99 4s July 1930_________ J&J 97V* 4.20 5s Oct 15 1963 ’ A&O 15 4s Apr’ 25-’ 37 (tax-ex) A&O 100 5a 1957-1967 A&Olfl 99 J* ........... 4s 1925-1939 (tax-ex) .J&J 100 1 4.25 5s 1959-1909 . F&A15 99 j* 4s Tunnel & Sub ’ 48.J& P Crawford fin 5a ’ 25-20 M&N 4.30 96V *______ 1001*........... 4s Sub 1957tax-ex___A&C 4.40 5s Jan 1954 opt 1944 J&J 102 J* 103 V* 4s Sub 1958 tax-ex_ J& _ 100 V* 4.20 4s T ub& Sub'59tax-exJ& . 100 vl 4.20 5s Dec 1952 opt 1942 J&D 101 04.3 4 i 9 3 5 * ........... 3 V*s June 1 1934____J&D As Munlctp 1925-1957 J&J b 4.30 to 4.20 % 3V*s July 1 1935_____ J&J 4.20 93V* i i i B 1925^1931 M&N 90 V * fta 1025-1929 A&O 99 3V*a June 1 1943____J&D 4.20 4V*s W W 1932-42 .J& D 8 9 J * ........... 3V*s June 1 1944____J&D 4.20 5s Pub Belt R R ’ 39-’ 44 J&J 101 4s C ity Hall 1925 26-J&J fta Oen Ohllg 1931 ’ 4 0 .J&J 3V*a July 1 1945_____ J&, 4.35 4.55 89V *........... 4V*s Paving 1926-33 .J&J 99 '*■........... Brockton 4s M ay 1927. M&N Den M Tnd H D 41*fl ’ 32 J&J 4.20 94 V * ______ , 3 V*8 W ater 1932____M&N 41^8 1944 4.20 \ Dubuque Co 4 Ha ’ 25-’31J&J 4.20 6 Baals. / P la t price, n N om inal. • T a x exempt; under a law approved M arch 9 1903 and which went Into effect A pril 93 1903. oonds Issued data b y S tate or m unicipal corporations are tax exem pt, and these sell on better basis. • Sale P rice. a r a fte th t b 4.15 to 3.50 % 6 3.75 0 3.75 b 3.75 b 3.75 to to to to 3.50 3.50 3.50 3.50 % % % % 4V*3 1925-1953 ..F & A 494s 1925-1953 J&J Sch Dlst 49*s 1929-54.J&J Sedgwick C ounty— a Bonds. 51 STATE AND MUNICIPAL BONDS F eb., 1925.] Bid. To Ask. Net, To Bonds Bid. Ask. Net. Bonds Bid. Ask. Ts Ns I St Louis (Concluded )— MICHIGAN (Concluded)— 4 40 4s Public Bldg 1929..A & O to 4% Sault Ste Marie 4s 1932.J&J 4s W W Renew ’ 31 .-M & N to 4% Wayne County— 89 M 4s School 1937.......... .J&J 4M sbldg&bdge’ 25-39M&N b 4.10 to 4% to 4.05 85 % 4.25 4s School 1938_______ J&J to 4.05 W yandotte 4 % s 1934..J& D ' 97 % 3.65s Ren June 28 ’ 27 J&D to 4% 99 % MINNESOTA 3 Ms April 1 1923____A&O to 3.50 98 % 4.10 Springfield 3s ’ 32 op ’ 17 J&D 4 V$sJuly 15 1943___ J&J 15 4%s Dec 1 1939______ J&D 99 % 99%^ 100M MONTANA Beltrami Co— 95M 5.50 5 Ms Educational 1941..J&J b 4 30 4 .3 5 % 5Ms Ditch 1925-34..J&D 5.25 4% a Educational 1944..J&J b 4.40 4.30% 98%} 6s Road 1930_____________ 4.75 Billings 5s 1934 op ’ 2 9 ..J&J 4.78 Bralnerd 5s Nov 1925-1929.. 4.20 Butte 5s 1926 1936 . J&J b 5% to 4.90 % Duluth— 5sg Wat&Lt’ 26J&J 98% 4.20 6s 1 9 4 1 ....................... J&J 4.80 4)^s g July 1 1926____J&J 4.20 Daniels Co 6s 1933-1942_ 97 % 4s g Water & Lt ’ 2 8 ..A&O _ b 5.23 to 5% 4.25 Great Falls— 99% 4s Water & Lt 1 9 3 6 ..A&O 99 % 5 % b Sewer ’ 38 to ’ 39. J&J Duluth Ind School Dist— 4.80 4.20 Great Falls Sch Dist No 1— 97 % 5Ms 1936,1938,1940.A&O 4.20 99% 4.25 4s 1925 option 1915 M&g 4 %s Feb 1 ’ 40 op ’ 30. F&A 4.20 Helena 5s 1931 opt 1916 J&J 5 99% 4s 1934 opt 1924____A&O Kallspell 5s 1933_______ J&J 99% 5.23 Hennepin County— 4 30 Lincoln Co 5s ’ 32 op ’ 27. J&J 94% 5 6s Bridge 1926-40...M & N 4 30 5s Fund M ar ’ 31 op ’ 21J&J 5.23 5 Ms Bridge 1926-40. M&N 99 M 4 30 Phillips C o— 4 % Sanltorium’ 28-’ 42J&J 98% 4.25 4.90 4 Ms Hospital’ 27-’ 41.M&N 3s Ref Dec ’ 35 op ’ 3 3 .J&J 101M KoocnichingCo 5s’ 26 -’ 33. J&J b6 M % to 6% 97% NEBRASKA. 5%s Ditch 1926-1935.J&J b6 M % to 6% Douglas Co— 4s ’ 25-’ 28 A&O 4.20 Minneapolis— 100 5s Highway 1942____A&O 4.25 5s 1925 1928_________J&D b 4.30 to 4.10 % 5s Highway 1943____A&O 4.25 5s 1929-1932_________J&D b 4.35 to 4.15 % 96 % Grand Isl 4 % a ’ 25 op ’ 10 J&J 4.25 58 1935, '36, ’ 40, ’ 43, *45, ’4 6 ’ 47,’48t’49,’50..J& D b 4.35 to 4.15'% 4.20 97 % Lincoln— 4 M s’ 26 to '29 F&A 98 % SsStlmpMay 2'36-41 M& N 2 b 4.35 to 4 15 % _ 5s Hospital July ’ 35-’ 44_ 4.20 b 4.25 to 3.5 0% Lincoln S D— 4%a 1925 ___________J&D 99% 4%a 1929-1953_____ M&N 4.25 4 % b 1926-1935___________ 5 4 30 to 4.15'% Omaba 5 % s 1941_____ M&N b 4.45 4 .3 5 % 4 Ms Mar 1925-1937. M&S b 4.30 to 4 .1 5 % 100% 4 %s School 1 9 4 1 ________ b 4.30 to 4.15 % 5s 1930, 33, ’ 40, ’ 45. ’ 5 0 .. 4'25 4.20 4s School Jan 1927_ J&J b 4.25 to 4%j _ 4 Ms Refunding 1934.J&J 96 % 4.20 4s May 1 1927______ M&N b 4.25 to 4% 4Mjs W W Dec 15 ’ 4 1 .J&J 101 b 4.25 to 4.10 % 4.20 4s School Jan l 1 9 3 5 ..J&J Omaha S D 4 % s 1 9 2 8 ..J&J 93% 4s Improvement 1942 J&D 6 4 25 to 4.10;% 4 % s July 1931............ J&J 4.20 93 % 5s 1948_____________ J&D 4.25 4s 1944______________A&O b 4.25 to 4.1 0 % 99% 3.4s M ay 2 1931...M & N b 4.65 4 .4 5 % 3 Ms School Jan 1 ’ 29.J&J b 4.30 to 4.10 % 95% So Omaha S D — 3 Ms Water Wks 1932.J&J b 4.30 to 4.10|% 98% 4.50 Ramsey Co— 98 % 4MsRd&Bdge’38-’44M&N 6 4.30 to 4.15 % 98 % NEVADA 4MsRd&Bdge’33-’37M&N 6 4.30 to 4 15 % 4% s Rd& Bdge’25-’43 J&D b 4.30 to 4.15 % WashoeCoSD5s’ 25to’ 29 M&S ______ 4.25 M EXICO St Louis Co 5s 1925-29..J&J ______4.30 See Foreign G ov ’ts page 49 NEW HAMPSHIRE 5s Road 1931________ J&J St Paul— 3 4 s Hospital 1923.........J&J M ICHIGAN (See foot not e o) Berlin— 4s Ref 1925...M & N " 9 9 M 6s School July 1 1951 .J&J 4.40 to 4.2 0% 5 % July 15 1941____ J&J15 Concord— 4.30 5s Refg July 2 ’ 25-’ 31.J&J 4.35 to 4.1 5% 4.30 3 4 s 1923 to 1929____J&J 5M s Oct 15 1941____ A & 015 4%s W W 1925-42..A&O 4.30 to 4.1 5% 97 M 4.30 5M s Highway 1941____J&D Dover 3 4 s ’ 28-’ 31____J&D 5s School July 1 1951.J&J 4.30 to 4.1 5% 95 M 4 25 to 4.1 0% 5s Highway 1940______ J&D Manchester—■ 4.20 4 Ma July 1935............J&J 97 % 4 Ms Highway 1943____F&A b 4.15 4.10% . . . 4s 1925 ’40 (tax-ex).F&A 4%s Park June 1 ’ 43.J&D 4.25 to 4.10 % 4 Ms Highway Imp 1937 A&O 4.10 4s 1923-1942( tax-ex) _J&J 4 Ms Sewer July 1 '43. J&J 4 25 to 4.1 0% 97% 4s Highway Imp 1942..A & O 4s Sewer 1925-'43 (tax4.05 4%s Water Aug 1 ’43.F&A 4 25 to 4.1 0% Ann Arbor School District— exempt) __________ M&N 4 Ms Ref July 2*25 '31J&J 6 4 25 to 4 .1 0 % 97 % b 4.25 to 4.1 0% 4s Sept 1935............ ..A & O 4.20 Pembroke 4s ’ 26 ’34_ F&A _ 97% 4 ^ s Nov 1 1931........... .. Portsmouth— Battle Creek— 4s Ref Mar 1 1 9 3 9 ...M&S 6 4 20 to 4.05 % 4s City Hall 1927-36. F&A b 4.20 to 4 .1 0 % 4s Ref Water 1 9 3 2 ... J&J 98 4s Sew’age July 1 ’3 9 .J&J 6 4 20 to 4.05 % Bay City 4s 1934_______ J&J ___ 4.20 107 % Stratford 5s May 1933-1934 4s March 1 1940____M&S b 4.20 to 4.05 % ,4.60 5M s W W 1925-1951 M&S b 4.70 to 4.5 0% S’th St Paul 5 Ms ref ’33.J&J Bay City Union S D — NEW JERSEY 4 4 s Road & bdge 1933 .J&J o 6 s 1 9 2 6,1 931 ,193 6..J&J b 4.50 to 4.40 % 4.15 MISSISSIPPI 4.20 4 4 s Road & bdge 1938 J& ‘ Bessemer 5 Ms 1925-49.F&A b 5.00 to 4 % % 4.15 5 Ms Impt 1925-1930.._M&S 4.45 4 4 s Highway 1954____J&J ___ ,4.25 53djs Impt 1931-1946...M&S Calhoun Co 4 % s ’ 25-’ 26A&0 4 35 Asbury Park— Detroit— 5 % b April 1929-1934...A&O 4.35 o6s Pub Serv 1926-29. J&J 4.40 4%a 1936-1950............... .. 4 35 4 4 s School Jan 1943. J&J 4.25 Atlantic City— 5s 1923. J&D o6s Pub Serv 1930-51 .J&J b 4.40 to 4.35 % 4 30 4 Ms 1925-1934.................J&J 4 . 4.25 o 5 M a N ov 1 1945_ M&N _ 4 30 6s 1927........................A&O 4 Ms July 1 1925-1935. _J&J 4.30 o 5 M » Pub Util '26 ’ 29.J&J 6 4.40 to 4.3 0% I 4 Ms July 1 1936..............J&J 4.30 4 4 8 1925-1937........... J&J 4.15 4.35 3 Ms Refund Jan 1 1927. J&J o5Ms Pub Util ’ 30-’ 51.J&J 4.30 4 4 8 1938 1958........... J&J 4.25 o5Ms Pub Util '26-’ 48A&0 b 4.35 to 4% 4.30 4 4 s g Water 1926_ J&J _ 3 % s State 1934 op '1 4 ..J&J 4.90 5s Pub Impt 1926-29..J&J b 4.25 to 4% 4.30 4 4 s Paving 1938____J&J Biloxi 6 % b 1925-1948..A&O 4.25 Greenville 5s 1927_____M&S 4.40 5s Pub Impt 1930-51 ..J & J 4 4 s Jan 1 1945______ J&J 4.30 4.25 Jackson 5Ms July 1 '3 3 .J&J 4.70 o5s Jan 15 1936-42.J&J15 4 30 4s Water 1930_______ J&J 4.20 4.50 Atlantic Co— 6s R’d *26 J&D o4H s Pub Lib 1948 J&J 15 4.30 5s Water Aug 1 1928.F&A 4.20 4.60 Atlantic Highlands— o4Ms 1932, 1935-42 J&J15 5s Water 1930............ F&A 4J£s 1942-1952______ J&D 4.15 4% 4s g Sewer July 1 1928 J&J 5s June 1 1932______ J&D o4s Aug 15 ’ 25-’ 28.F&A15 4 4.80 Aubud S D 6s ’ 25-’40__A&0 Jones Co 5s 1925-’42..M & N 4.20 Meridian— o4s School 1946____M&N Bayonne— 5s Fund 1928 J&J 4.15 4.65 3M s Park 1930______ M&S 5s Jan 1 1926 1949_ J&J _ 5s Dec 1 1939_______ J&D oEscanaba 4M s 1925-30.J&J b 4.60 to 4.5 0 % 4.60 4 4 s Funding 1931...J & D 4 Ms Sch House 1941. J&J ........... 4.25 Mississippi Levee Dist— oFlint 4M s 1925-39____F&A 4 4 s Jan 1 1933______J&J ........... ,4.25 3 i M s 1938-1953______ J&D 4 4 s 1925-’53_______ F&A 5s May 2 1944............M&N 4j^s 1925-’ 54____ M&S15 b 4.30 to 4.2 5% 5 4s Floating Debt 1928 J&J 5s July 1 1953..............J&J 1925-1937______ J&D b 4.30 to 4 % % 5 Belleville 5s 1934&1944M&N 4%a Sept 1934_____ M&S o5s (Mar 15 & Apr l ) ’31-50 b 4.35 to 4.30|% Vicksburg— 4 4 s Funding 1945.. Flint Union School Dist— 4.70 Belleville S D 5s ’ 27-44 M&N 5s St Impt 1925.’ 32_.F&A 58 1926-1954_________ M&S b 4.50 to 4.30 % 4.65 Bergen Co 5 4 s ’31-’34.J&D 4 % s Sewer Dec 1 ’ 2 8 .Dec aGenesee Co 6s 1925-31 M&N b 4.60 to 4 .5 0 % 5 4 3 Dec 1 1935-’42_J&D Yazoo-Mlss Delta Levee Dist Grand Rapids— 3.10 5s Dec 1944__________J&D 6s 1947 option 1 9 1 7 ..J&J to 4.10 % 5s 1925-1934_________A&O 4.90 5s Dec 15 1925-1955J&D13 5s 1925-1954..............M&N 4.15 4 M s Flood Protec ’ 33 .M&S 4.90 4 4 a 1925-1939______ A&O 4M8 July 1949........... .J&J 4s Water N ov 15 ’ 29.M & N 4.15 4.90 4 4 s Aug 1925 1938.F&A 4s 1952 option 1 9 2 2 ...J&J Highland Park 5s 1928. .J&J 4.25 4s Court Hse ’ 25-’ 38.A & 0 o4Ms Sept 15 1 9 3 4 ..M&S 4.25 Camden— MISSOURI Jackson 4 Ms 1930-47. A&O 16 4.15 5s March 1930-1936___ 4.15 5 4 s Aug 1 ’ 25-’ 61___F&A 4 Ms Gen Imp ’ 30-’ 54M&N 4.15 4s Road 1933-34 Ser D .M & S 4 4 s School 1943____A&O 98.% 99 Kalamazoo— o4Ms Sewer & 4 4 s W ater’ 25 to ’60 M&N 3 Ms Cap Bldg 1925 op ..J& J Im pt 1925____________J&J Kansas City— 4s Paving 1929......... M&N Kalamazoo S D No 1— Camden Co 4 4 s 1933 F&A b 4.25 to 4.15 5s W W 1939_________J&J 107 o5s School ’ 25-’ 30.M & S15 6 4.25 to 4% 4 4 s 1935-1957..........J&J b 4.25 to 4.15 4 M a Sept 1 1930____M&S 101.02 Lansing— 4 4 s 1926-1964_____F&A b 4 25 to 4.15 4 Ms Mar 1 1933____M&S 101.78 o5sIm pJulyl5’25-32J&J 15 b 4.25 to 4% 4s 1944.............. J&J b 4.25 4.10% 4M s W W 1942......... J&J b 4.20 4 .1 0 % o5s Sewer 1925-26...J & D 4% Cape May— 5s 1934_ J&D 4s Sept 1 1930______ M&S _ 98% o5s Jan 3 1926 1932. J&J3 b 4.25 to 4.1 0% 4 4 s School 1925-51. M&S Kansas City School Dist— o4%a Jan 3 1930-36..J&J3 14.25 5s July 1 9 4 1 ............ J&J 107% 4 4 s 1925-1952......... .M&S 4M s 1937-1946........... J&D 4.20 4 Ms July 1 1933_____ J&J 101 East Orange 4 4 8 ’ 25-45 F&A M arquette 3 Ms 1 9 2 6 ...J&J 4.75 4 Ms July 1 1937......... J&J 101H 5s Sewer 1926 I 9 6 0 ..J&J 1 os M uskegon— 5s 1925____J&J 4.20 4s 1934______ ______ A&O 4 % s Jan 1943..............J&J 4M8 W -W 19 26-4 4...J& J b 4.20 to 4.1 0% i 48 July 1 1927..............J&J 4s Water 1933______ J&D 4s M ay 1 1934........... M&N 4.20 4s Bldg 1932................J&J 3 4 s Water 1933____ A&O Muskegon S D 5s 1942.July 4.25 3 Ms July 1925........... .J&J Elizabeth— 4 4 s 1 9 5 5 ...J&J 4.20 Muskegon Co 4M s 1932. J&J 4.20 Little River Drainage Dist— 5 4 s Dec 1 1925-’ 46__J&D Pontiac— 4M s ’ 31-’ 47..M & S b 4.30 to 4.2 5% j 3 Ms Oct 1925-1944..A&O 6s June 1 1927...........J&D,b 4.35 .to 4.10 to 5.10 % 5 Ms Sewer 1925-1942____ b 4.25 to 4.50 % St Joseph— Englewood— 4s Sep ’3 5M & S L . I _____ 6s W at Im p 1925-’ 28. J&D 4.50 4s 1926..................... M&N Essex Co 4 Ms Road *53 F&A b 4.25 to 4.10 100 6s W at Im p 1929-’ 35.J& D 4.50 St Joseph School District— 4 4 s L’d Purch ’ 26 '46 J&J b 4.25 to 4.10 6s W at Imp 1936-’ 50. J&D 4.50 4.20 4%S 1925, 1930 & 1 9 3 5 ... 4 4 a Hospital ’ 25- 49.F&A b 4 25 to 4.10 Port Huron 4s 1932_____ J&J 4.25 St Louis— 4 4 s Road ’32-’36_ F&A b 4.25 to 4.10 _ Saginaw 4 Ms W at ’ 25__M&N 4.50 4s 1926............ ............ F&A 6 4.25 to 4% 4 Ms Bdge-Compl ’35 A&O b 4.20 to 4.05 % 4 K s Sewer 1925-1933.J&J b 4.25 to 4% 4M a Pub Bldg & Imp 4s Hospital 1946____F&A b 4.20 to 4% 4M s Sewer 1925-1949 F&A b 4.25 to 4% 3.65s Park ’ 26 to ’ 38. F&A b 4.20 to 4% 1928-1943 ................J&J b 4.20 to 4.05 % 4s Insane Asy’m ’ 28. A&O b 4.25 to 4 Essex Fells (Boro) 5s July 4.85 4s Public Impt 1928..J&J b 4.25 to 4 28 1925-1960.............. 99%} 1 1 1 1 1 • 1 1 1 1 » 1 1 1 1 Cambridge— 3 M s Water M ay ’ 25. M&N 3 ^ 8 M ay 1 ’ 45 (reg).M&N 3s Bridge 1941______ F&A Chelsea— 4s Park 1936.A & 0 4s Oct 1925 (reg)____A&O Everett— 4s Sewer 1929.M&S Fall River— 4s June 1 1927 (re g )..J & D 3 Ms Water Feb 1930. F&A Fitchburg— 3M s Water 1926_____ J&J Gardner— 4s Water 1925-1934. M&N Gloucester— 3 ^ s Water ’ 25 to ’ 3 1 .A & 0 Haverhill— 4s 1927____J&D Holyoke— 4s gold 19 27.. J&J 3 Ma Dec 1925-1932..J& D Leominster— 4s g 1925.A & 0 Lynn— 4s July 1927____J&J 4s July 1 1925 (reg)..J& J 3 ^ s April 1 1932____A&O Marlborough 4s July ’ 26.J&J M edford 4s Feb 1930_ F&A _ 5s Apr 1 1925-28 tax-exem Milton 3% s 1925 to ’ 32.F&A New Bedford is 1 9 2 6 ..A&O 4s Sewer 1925-41 (taxexem pt)__________ M&N Newburyport— 3M s W Var ’ 25 to ’ 34.J& D Newton *s 1935_______ F&A 3><!s Water Dec 1926.J&D N orthampton— 3J^s g 1925 to 1926...J & J Pittsfield— 4%a 1925-30 (tax-exempt) Quincy 33^s ’ 25 to ’ 3 9 ..A& O Tax exem pt_______ Salem 4s Jan 1 ’ 32-’ 54 tax-ex Springfield 3% a 1935___J&J 3s Sewer 1930_______ J&D Taunton— 4s 1927_____J&D 3M s Sewer Dec 1 ’ 30.J&D Wakefield 4s 1925-33.-A& O Watertown— 4s 1925-34.J&J 3M s 1926 to 1929____J&J . • B m I*. /Flat prloe. » Nominal. • Tax exempt; under a law approved May 13 1909, and which went Into effect Sept. 1 1909. bonds issued after that date by municipal corporations are tax-exempt and these, accordingly sell on a better basis. [Vol. 120. STATE AND MUNICIPAL BONDS 52 Bonds. To aid . Atk. Net. Bonds. Bid. Atk. To Net. Bonds To Bid. Ask. Net 4.60 Fslrrlew— 5s 1944__________ NEW Y O R K . (S een ote bel ow.) Newburgh 4 Ms ’ 26 -’ 34 . F&A b 3.85 to 4 % 4.50 5s M ar 1 1925-1971.. M&S b 3.95 to 4.05 4>4s W at Im p 1926-41J&J b 3.85 to 4 % Garfield 5Ms 1929____MAS 4.30 5s Jan 1 1926 1971_____ J&J b 3.95 to 4.05 Hackensack— 4 Ms 1942F&A 4s W at Im p 1942-63. .J&J 4.30 4 Ms Highway 1963___M&S 111 4Ms Imp 1926-’42____J&J New Rochelle— 11233 4.30 4 Ms Canal 19 64...............J&J 111 58 1926-1929.............. M&N Harrison— 4s 1930_____ J&J 4 11233 4.30 4 Ms Canal 1 9 6 5 ........... J&J 107 109 Hoboken— 4Ms 1940_ J&J _ 5s 1930-1950.............. M&N 4.10 4.30 4 Ms Highway 1965____M&S 107 109 8 M sl9 31 ___________ M&N 4M s Mun Im p’ 25-35.M&N 4 4.30 4 Ms Barge Canal 19 45.. J&J 104M 10633 5s School 1926-1954..J&J 4s 1925-1930________M&N 4 4.30 4Ms Bonus 1925-1927..A&O b 3.95 6s Sewer June 1 ’ 26. J&D 3M s 1 9 2 5 to 1933____ J&D 4 4.30 4 Ms Bonus 1928-1942..A&O 3.90 to 3.80 6s Pav & Sew 192 6 . .F&A New Y ork C ity— 4.25 43*8 Bonus 1943-1949..A&O 3.90 to 3.80 Hudson Co— 4 Ms 1948. A&O 4M s June 1965______ J&D 105M 106M 4.25 4s Canal Term 1942____J&J 101H 10333 4Ms May 11960____M&N 4M s June 1925-30...J & D 6 4.10 4.25 4s Canal Term Jan 1946. J&J 101J* 10333 4s g Park 1959 & ’ 54. M&N 4 Ms 1963____________M&S 105M 106M 4.25 4s g High Im p M ar’ 58.M&S 103 is gold Ref 1935____F&A 4 Ms (old) M ay 1957- M&N 105M 105 M 10434 4.25 4s g High Im p Sep ’ 58.M & S 103 6s Road July 15’ 25.J&J15 10433 4Ms (new) N ov ’ 57.M & N 105M 105M 4.25 4s High Im p M ar I960. M&S 103 Irvington 5s School '63-J&D 104 33 4 Ms Corp stock 1967.J&J 105M 4.15 4s Canal Im p July 1960.J&J 103 JerseyCity— 6s 1926— J&D 4Ms Corp stock’ 26-’ 32J&J b 3.95 to 4.10 10433 4.15 4s Canal Im p Jan 1961. J&J 103 5Ms Sch 1942-1953..A&O 4 Ms Corp atk 1971.J&D15 105M 106 M 104 J3 4.15 4s Canal Im p July 1961.J&J 103 5Ms Dec 1 1931-1933 J&D 4 Ms Sch &Var ’ 25-’ 39J&D b 3.95 to 4.10 10433 4.15 4s HIghw Im p M ar ’ 61 .M&S 103 4Ms School 1925-58.J&D 4 Ms 1960 opt 1930___M&S 100M 10433 4.15 4s Palisade Park 1 9 6 1 ..M&S 103 4M s 1960 _________ M &S 101M 101M 4 jis Refunding 1928.J&J 10433 4.15 4s Canal Jan 1 9 6 2 .....J & J 103 4 Ms Mar 1 1962____M&S 101M 101M 4Ms School 1945_____J&J 104 33 4.15 4s HIghw Im p M ar ’ 62. M&S 103 10433 4Ms Mar 1 1964____M&S 101M 4Ms Water 1961------A&O 4.15 4s Canal Im p Jan 1967.J&J 103 4 Ms Park Mar 1961. M&S 4 Ms April 1 1966____A&O 101M 10433 4.15 4s Highw Im p M ar ’ 67. M&S 103 10433 4s Water 1932______ A&O 4M s Apr 15 19 72.. A&015 101M 4.20 4s Palisades Park 1967. M&S 103 4s Refunding 1949___F&A 4 Ms R ap T r& W at ’ 74 J&D 101M 101M 10433 4.85 4s Bldg constr ’ 25-’ 2 6 ..M & S 2 M % to 3% 4s Various 1936____M&N Keansburg 5Ms-----------------99 M 98M 4.50 4s Bldg constr ’ 27-’ 3 0 ..M & S b 3.25 to 3.60 4s N ov 19 55............ M&N 98 Kearny 4Ms 1936......... F&A 98M 4.50 4s Bldg constr ’ 31-’3 4 ..M & S b 3.50 to 3.65 4s Various 1950____M&N 98 4M» April 1962--------A&O 4.50 4s Bldg constr ’ 35-’4 9 ..M & S b 3.70 to 3.62 h% 4Ms Sch Im p ’ 25-’52_ J&D 4s Various M ay ’ 57. M&N 98M 4.50 3s g Jan 1 1956_________J&J 4s N ov 1958_______ M&N Lodi— 5s 1926-1947____J&J 99 98 M 94M 4.50 3s g July 1 1958_________J&J 4s M ay 1959________M&N Long Branch 5s 1943._M&N 94 H 99 99 Qq 4.50 3s g Canal Jan 1 1959_ J&J 3 Ms Bklyn M Sew’ 27. J&J _ 48 June 1 1935______ J&D 94 M 4.65 Albany— 4 Ms ’ 25-’ 2 8 ..J & D b 3.75 to 3.90 % 3Ms D ’k 1927 E x _ M&N _ Lyndhurst 5s 1925-1957.J&J 5 4Ms Water 1925-34.M&N b 3.75 to 3.95 % 3 M sg Exempt 1941.M &N b 4.15 to 4.25 6s Imp 1926__________J&D 4.15 4 ^ s Oct 1963 ......... .A & O 3M s Exempt 1942..M & N b 4.15 to 4.25 3.95 Mercer Co— 4Ms 1 9 3 3 ..J&J 4.15 4Ms Water 1932____ M&N 3M s R T 1948-1950.M&N 3.95 4a Road 1 9 3 3 ........... J&D 88 M 89 M 4.15 3 M sg Exempt 1952.M&N 4 Ms 1925-1954______ J&D b 3.75 to 3.95 % 3 Ms April 1941_____ A&O 88M 89 M 4.15 6s Road&Bdge’ 25-’34F&A 4s Munic&Sch ’ 26 ’ 63 J&J b 3.75 to 3.90 % 3 M sg Exempt 1953.M &N 88 M 89 M 4.15 4s Park 1925 to ’ 3 0 ..M&N b 3.75 to 3.90 % Middlesex Co 4Ms’ 26-’ 34J&J 3 M sg Exempt 19 54.M&N 89 M 4.15 6s Road 1925-1931..J&D 3M s Pub Imp ’ 26-’ 34 F&A b 3.75 to 3.90 % 3M s g W ater Ex ’ 5 4 .M&N 89 M 89M 4.15 Albany Co— 3Ms 1925 F&A 4 Ms Fund July 1925-1939. 3.75 3 Ms Exempt 1 9 5 5 ..M&N 90 89M 4 Ms 1936-1937-1938. M&N 4Ms Road ’27-’44..F& A 2 b 4.15 to 4% 3.95 3 Ms Stk April 1 ’ 5 4 .. A&O 90 89 M 4.15 Allegany Co 4M s’ 32-’ 36 M&S 4.05 _ 3 Ms N ov 1 1929____M&N b 3.95 to 4.10 4J£s Imp 1925-’32_ A&O 4.15 Amsterdam 5s W at 1925-37. b 4% to 4.10 % 3 s g R T 1950 E xem .M & N 3 Ms Bridge ’26 to ’ 31. J&J 4 Aubu’n-4Ms D ec6’ 25-31J&D Monmouth Co 6s 1926.M &S 6 "4.20 4.10% NIagFalls— 5 Ms ’ 41-48 M&N 4s Water M ay 1925 .M&N 4 4.10% Sewer 1935-40. J&J 4Ms 1926-’54_____M&S 15 b 4.30 4.15% 4'. 15 4 ^ 8 1925-1934___________ b 4% to 4.05 % 4 Ms School 1926 ...F & A ontclair 4 Ms Sch '41.A & 0 4.15 Binghamton 4s ’ 28&’ 29.F&A 3.95 4M s W a tM a y l’ 41-48M&N 4 Ms H Sch Bldg ’ 4 4 .J&D 4.15 4s Sew DIsp ’ 26-’ 3 6 .-F & A 6 3.85 to 4% % 4 Ms R epav’ 29-33reg M&N 3 Ms School 1932------- J&J 4.15 4M s Sew ’ 39-’ 46 reg.M&N 4M 8 1925-1956........... _._|b 3.85 to 4% % Morris Co— 4s ’35 op '05 J&J 4.15 434s 1925-1971_______var 6 3.85 to 4% 3 Ms 1942-1945______M&N 4Ms 1942 opt 1922— J&J 4.15 Morristown 4 Ms ’ 25-42 J&D 4M 8 Park 1925-’ 3 7 ...J & J b 3.85 to 4% N o Tonawanda 4M s’ 25 J&D 3.95 Oneida Co 3 Ms ’ 26-’ 28-F&A b 3.75 to 3.95 •1 0 3M 8 Bridge 1935____F & A ______ Newark— 4 Ms 1944— F&A b 4.30 to 4.15 ,% SK8 Oct 15’ 25to’ 59A&015 b 4.45 to 4.25|% Brooklyn— d— Onondaga Co 3s’ 25-’ 29.J&J b 3.90 to 4.15 4s Bridge 1926______ J&J I______ 3.85 SMs 1925-1930_____ M&N b 4.00 to 4.20 5e 1925-1958............... J&J b 4.30 to 4.15;% 3Ms g 1926 to 1937...J & J b 3,75 to 4.10 % 4 Ms 1925-1926............J&J 3.50 to 4.00 4M8 Dock 1959------- F&A b 4.30 to 4 .1 5 % 3.75 _ 4s March 1 1929____M&S 6 3.90 to 4.10 33-38 g July 10 1925_ J&J 4Ms Apr 16 ’ 25-’ 61A&015 b 4.30 to 4.15!% 4.10 Ossining 4M s 1925-42.M&S 3.50 to 4.10 333s gold 1936_______ J&J ♦Ms Sch Dec 1 ’ 45— J&D b 4.30 to 4 .1 5 % 4 Oswego— 4 Ms 1925-29. M&N Broome Co 5s ’ 25-’ 33..M & S 4 % to 4.20 4s Sch House 1959 op 1949 b 4.25 to 4 .1 0 % 4s PasValSew’ 61op’51J&D b 4.25 to 4.10 % SM sSch 1925-1946. _ M&N Buffalo— 4 % to 4.20 4 433s June 15 1944. J&D 15 Penn Yan 4.35s ’ 25 to ’ 3 1 0 c t 3.75 to 4.25 3 Ms 1929____________ J&D b 4.30 to 4 .1 0 % 4 Poughkeepsie— 433s June 15 1964. J&D 15 3 Ms Track Elev ’ 54.F&A b 4.25 to 4 .1 0 % 3Ms 1925 to 1 9 3 0 ...M&S 6 3.50 to 3.90 4J3s 1925-1968______ J&D b 3.75 to 4% Vallsburg 4Ms 1934..J&J b 4.25 to 4.10 % 3.95 433s Feb 1 5 ’ 62op’32_F&A 4M s Water 1925 5 2 ..J& D b 3.50 to 4 % ew Brunswick— 4s June 15 1925-’ 3 0 ..J & D b 3.75 to 3.90 % ........... '4,20 4 ^ 8 Aug 1 1925-57..F&A Putnam Co 4M s ’ 25-’ 29.F&A 6 3.50 to 3.95 % 3.90 Queens County 4s 1927.J&D ............4.50 4s June 15 1960_____J&D North Bergen 5s 1941..J&D 3.60 3.85 Rochester— 5s 1926 ___F&A b 3.50 to 4 .0 0 % 333s Park Reg 1 9 2 7 ..F&A ...........4.50 6a School 1 9 2 5 -2 9 ...M&S 5s 1927-1931 (cou p )..F & A b 3.90 to 4.10 % 3 338 Water 1925-35.M&S b 3.75 to 3.90 % .4 .5 0 6s School 1930-58. .M &S 4.40 5s 1932-1951 (c o u p ).. F&A b 3.95 to 4 .1 0 % .4 .5 0 Cohoes 6sRefW at’ 25-’ 45 J&J No Plainfield 5s 1925-1954 4.35 4 Ms Jan 15 1933_____ J&J b 3.90 to 4.05 % .4 .5 0 Corning 5J38 1925-60.. M&S Nut ley 5s 1933 J&D 4 Ms Municipal 1945. M&S b 3.90 to 4 .0 5 % .4 .5 0 Cortland Co 4M 8 ’ 25-’ 51 J&J 4 % to 4.05 % 0~ean City— 5s 1944— F&A 4Ms Pub Imp ’ 25-’ 48.F&A b 3.90 to 4 .0 5 % .4 .3 0 DelawareCo4.20s’ 25-’ 52 A&O 4 % to 4.05 % Orange— 5s 1926 to ’ 3 2 .J&J 3.95 4Ms School 1926-45..J&J b 3.90 to 4 05 % .4 .3 0 Elmira— 4s 1935______ M&S A WateT 1938______ F&A s 4 4 33s W atei 1925-’ 4 5 .A & 0 4Ms 1926-1936..............J&J b 3.90 to 4 .0 5 % .4 .3 0 ♦Ms School 1943------J&D 4 4s 1926 to 1927______ J&J b 3.75 to 4 .1 0 % .4 .3 0 4 33s Apr 1 1933-1935------ifl Sch House 1934— J&D 4s Imp Sch &c ’ 26-’ 47. J&J b 3.90 to 4 .0 5 % Passaic 4 Ms 1925-’40. .M&S .4 .3 0 Erie Co4 Ms’ 25-36tax-ex J&J b 3.75 to 3.95 % 3.90 ___ I____ 4s 1945-1953_______ M&S 3Ms Ref 1933 opt ’ 13. J&J b 3.95 to 4.05,% .4 .2 5 6M8 Gen Imp ’ 25 28.J&D 4.10 Rockland Co— 4s’ 25-34.M&S . 4.25 Franklin C o 4 33s’ 31-’ 40 M&S .♦Ms Gen Imp ’ 29-44.J&D ______ I 4 5 ^ s Gen Imp ’ 45-51.J&D 4Ms ’ 25-’ 38 (reg).F& A 15 * 4% to 4.05,% . 4.25 Fulton— 3.40s’ 25 to ’ 29 J&D b 3.75 to 4% Rome— 4M sSept 1 5 ’ 31.J&J 5s lm p ’ 25-’ 48______ M&N 4.05 . 4.25 Garden C ity— 5M s 1931-1941______ A&O 4 33s 1925 to 1952____J&J b 4 % to 4.15 % ♦ Mp Ref 1944______ M&N 4.15 4.25 4 Rye 5s Mar 10 ’ 25-’ 38..M & S b 4 % to 4.20,% Geneva— 4s Water ’ 2 6 .A&O Paterson6s ’ 25 & ’ 2 6 ..M &N b 4.30 to 4.20 % SaranacLake4 Ms’ 25-26 M&S 4.15 4.40 Glens Falls— 433s ref sewer 5M« 1927-1934_____M&N 4 Aug 31 1925-1928.--F & A 4.45s FireHouse’ 25-’ 39J&J b 4.15 to 4.35 % 4.40 5 Ms 1935-1959_____M&N b 4% to 4.10|% Saratoga Co 5s 1925-41 ♦Ms 1933 to 1944...M & N 4.40 Groton 6s Wat ’ 25-’ 50.M&N b 4.10 to 4.50 % Saratoga Springs— 4.40 Haverstraw 4.12s’ 25-’ 37M&S b 4% to 4.15 % <1^8 Feb 1 1945------F&A 4 Ms Park 1925-40...A & O b 4% to 4.05 % 4 » N C Hall ’ 25 to ’32.J&J b 4.30 to 4 .2 0 % i Hempstead Un F S D N o .l— Scarsdale 4M s 1925-45.J&D b 4% to 4.10,% .533s 1925-1929______ J&J 4% to 4.20 % Perth Amboy 4Hs Apr 1944. 4.40 Schenectady 5s 1925-33.J&J b 3.75 to 4.05 % 6s 1925-1930_____________ 4% to 4.20 % 4.40 ♦M8 School 1938------------6s 1931-1954_____________ b 4.20 to 4.40 % 4MS 1925-1931.......... A&O b 3.75 to 4 % 4 Ms Funding’ 25-’ 27.A&O 4.40 4 4M s 1925-1934______ J&J b 3.75 to 4 % Plainfield— 4s’ 2 5 to ’ 34.J&D 4.30 Herkimer— 4 33s’ 25-’ 27M&N 4s Oct 15 1925-44. .A & 01 5 b 3.75 to 3.95 1 4s School 1959_____ M&N 4.30 Hudson— 4 338 High Sch ’ 25-’ 32 A&O b 4% to 4.10 % Schenec Co 4 Ms ’ 42-’ 58_J&J 4 Ms 1925-1962 var----------- 6 4.20 to 3.50 % Solvay 4 Ms 1925-40___F&A b 4.15 to 4.50 Ramsey 58 WateT 1925-’40. 4.50 Irondequoit 5s ’ 29-’ 53_.J&J b 4.15 to 4.25 % Irvington 4.10s ’ 25-’ 3 6 .A & 0 b 4% to 4.10 % Somers(T)4M s ’ 27-’ 53_M&N b 4% to 4.35 Red Bank (Boro) 4 Ms 19264 Steuben Co 4 Ms ’ 28-’ 37 F&A b 3.95 to 4.05 Ithaca 4.30s ’ 27 op var.J&J 1953_______________ M&N 6 4.25 to 4% 4 4J3sRer Water 1 9 4 2 ..J&J Suffolk Co 4 Ms ’ 25-’ 32_J&J b 3.75 to 3.95 4.50 Ridgefield 5s July ’ 25-’ 3lJ&J 3.95 4 Ms Oct 1925-1939..A&O b 3.75 to 4 % Ridgewood 5s 1925 -’ 2 6 .F&A 4.50 Jamest’n 4s Mar 20 ’ 4 3 .A&O Syracuse 4M s 1925-35 V ar._ b 3.75 to 4.05 4.50 Jamestown S D 5s 1925-29. . b 3.75 to 4% Riverside 5s 1925-’ 32..A & O 4.05 5s M ay 15 1925-1938_____ b 3.75 to 4.05 5s 1 9 3 0 -1 9 3 9 ............ J&D Sea Isle City 5s 1943— F&A 4M 5Ms 1925-1960_____ M&S b 3.75 to 3.95 4.35 Johnstown 433s Dec 1925-37 b 4% to 4.10 % SoOrange— 4s’ 25 to ’ 44 .J&J dKtngs Co 4s M ay 1 1925-44 b 3.75 to 4.10 % 4Ms June 15’ 25-’ 34 J&D15 b 3.75 to 3.95 7 n 4.35 Summit, 4 Ms Sch 1941.F&A 4 Ms 1925-1944_____ M&N b 3.75 to 3.9 5% 4.35 Kingston 3 33s g ’ 25-’ 36. A&O b 3.85 to 4% % 4s 1 9 3 3 ...................M & N 4s June 15 ’ 25-’ 44 J&D 15 b 3.75 to 3.90 % Lockport 4 Ms 1925-1944------ b 4% to 4.05 % Trenton— . _ 3.90 48 Refunding 1929___J&D 4 33s Sch 1926-1944--------- b 4% to 4.10 % 4.15 6 V6s Oct 1925-51------A&O 4 .3.85 3M s W ater 1928_____ J&J 4 Ms Water 1943 .A&O 4.15 Madison Co 4 33a’ 26-’ 29Feb1 Tioga Co 5s 1 9 2 5 -3 0 ...M&S b 3.90 to 4% 4.15 Mamaroneck Un F S D N o 1 4U s School 1930-60.M&S 4 Tonawanda 4 M s’ 26-’ 42.J& J b 4.25 to 4% 533s M ay 1 *25-’ 28._M&N 4s City Hall 1939 ..J& D 4.15 513s M ay 1 ’ 29-’ 52__M&N b 4.15 to 4.30 % 4 Ms sewer 1925-1953.J&J b 4.25 to 4% 4.15 3Ms Sch Nov 1 1929 M&N 5s Water 1925-1950..J&J b 4.10 to 4.50< 4.15 M iddleport 4 .35s'25-’ 42.J&D b 4.10 to 4.30 % Union Co 4Ms 1937— M&S 5Ms W ater 1925-50..J& J b 4.10 to 4.60 < 4.35sSewer’ 25-’ 39— J&D b 4.10 to 4.30 % 4 Ms 1942 M&S 3.95 S M sS t Im pt 1931___J&J 4Msroad&bdge’27-47 F&A b 4.15 to 4% 4.151 Middletown 333s 19 31.F&A 4 T roy — 4 Ms 1925______ J&D 4.15' M t Vernon 4 338 ’31-’ 43 .A & 0 4s Oct 1 1942_______ A&O 6s 1926-1940 reg____A&O b 4 % to 4 .2 5 % 533s 1925-1934...........A&O b 4% to 4.10 % 4.15 5Ms June 1 1926------J&D 4.10 4 Ms School 1 9 2 5 -3 1 ..F&A b 3.85 to 4 .2 5 % 533s 1935-1941______ A&O Vailsburg— See Newark. 4 4Ms Feb 15 1925-1957____ b 3.85 to 4 .0 5 % 4 33s Water 1942--------J&J 4.50 Weehawken 4M 8 '25-28.J&D 4 3.85 4s Water 1925______ J&D 4338 1925-1943......... .......... Westfield— . 4 4s Sept 1 1926 ......... 4 3£s School 1962-73. M&N 4.50 5s June 16 '25-’ 60 .J&D 4 4s Sewerage 1950-55. M&N 3 Ms W ater 1925-36..J& J b 4% to 3.85 1 4.40 West New York 5s ’ 36 M&S 4 U*ica— 4 Ms 1925-35__ M&N b 3.75 to 3.95 < 5s Jan 2 1926-1928..J&J 2 4.50 Wildwood 4Ms ’ 26 ’ 5 7 .F&A 4.10 4 Ms Pub Im p’ 25-’ 42 A&O b 3.75 to 3.95 1 NEW MEXICO 5s Jan 2 1938______ J&J 2 3 Ms N ov 1 1925 to ’ 35 N ov b 3.75 to 3.95 1 4.50 Nassau Co— 433S’ 25-’ 29.J&J b 3.75 to 3.90 % 4M« ref 1953 op 1933 ..J&J 3.95 Warsaw Union Fr S D N o. 10 4M8 Dec 1 6 ’ 52 o p ’ 22. .J&D 5s Aug 1 1928-----------------4.50 4.05 4 Ms 1925-1942..............O ct 5s 1931-1939________M&N 4.50 4s Fund 1939 op 1919.. M&S Watertown 4Ms 1942_ J&J _ 433s Ref 1925-1928..M & S b 3.75 to 3.90 % 4.50 4s Highway 1925-1944..J&J 3.95 4 33s 1938-1943----------J&D 4 Ms 1925-53.................J&J b 3.85 to 4 .0 5 ’ 4.75 Albuqueroue 4 Ms ’ 29 . _ M&S 58 1925 ..................... ..J & J b 3.75 to 3.90 % 5s W W Dec 1 9 6 2 ... J&D 4 33s 1925-1946____M&S 4.75 3.90 5s 1 9 2 6 -1 9 4 5 ............ J&J b 4% to 4.15« 3 33s Court House’ 30.M & S Bernalillo Co— 4s M ay 1 1938______ M&N 5s 1931 op 1921---------------3 Ms Sewer ’ 25 to ’ 27 M&N b 3.85 to 3 .9 5 ’ Socorro Co In’41 op'21 A&O b Basts, d Now part of New York C ity. / Flat price, n Nominal. N o te — Owing to money conditions and the demand for the shorter maturities New York State and in fact all municipal issues have been selling on a different basis for each individual maturity. Lack o f space does not permit us to give the yield for each separate maturity and we are compelled therefore to give the range from the earliest to the farthest maturity. For instance, Albany 4M % bonds due 1925-1928, selling on a 3 to 3.75% basis, would indicate that the 4M s due 1925 would be on a 3% basis; the 4M s of 1926 on a 3M % basis; the 4Ms of 1927 on a 3M % basis, &c. Feb., 1925.] B onds. B id . Aak. To | N e t.] Bonds. B id . A ak. To N et. 4.15 C in c in n a ti ( C o n c lu d e d ) — W a te rv lle t 6s 1925-30_ V a r _ 3.90 4.50 W e st Seneca 5s ’ 25-’3 8 _A & 0 4 M s W a te r ’ 45 op ’ 28 F & A 3.85 3.90 3s W a te r 1939 op ’ 1 9 .F & A W e stch ’rC o 3 M s ’27&’2 8 J& D 3.85 C in e S D *4Ms 193 4.A& 013 4.35 SM s 1925 reg _____ J & D 3.90 4a 1936 o p t 1906___ M & S 5M s 1926-32 re g ____J & D b 3.90 to 4.00 % 4.05 3.90 5s 1939-76.....................J & D 3 M s 1940 o p t 1912.. A & O 4.05 C leveland* 5 Ms 1940-70 J & D 5s Ju n e 1 1 9 2 9 -5 4 ... J & D 4.35 4.05 4.25 4 M s P a rk w a y 1962-86 J & D 6s 1932-1933______ J & D 3.95 4.35 4M s C o B ld g 1927-44. A & O •5 M s P u b H a ll 1970. J & D 4s C o B ld g 192 5 -5 9 ..M&S b 3.75 to 3.95 % *39 W W 1 9 3 6 -1 9 6 8 ..J& D b 4.40 to 4.20 % 3.90 4.10 *4 ^ G ra d C ro a s ’30-54 A & O 4S 1930 to 1935 _____ F & A 4 4.10 * 4 ^ 3 P a v in g 1929-34.J&D 4M s San Sew ’ 33-’ 8 2 .J & J 4 4.10 *4Ms Sewer 1930-49.J& D W h ite P lain s-4 8 ’ 25-’ 28 F & A 4.20 4.10 SM s Sch 1931-1936_A & O * 4 M s S tim p Fe b 1’34 F & A 4 8 Ms W a te r 1931. . A & O *4Ms M a rc h 1 9 4 9 ...M&S 4 4.50 W o lc o tt 4 M s J l y 15’ 2 5-42J& J *4 M s F ire dep’ 25-’30 A & O b 4.15 to 3.90 % Y o n k e rs — 4s 1925_____ M&S •4 M 3F ire D e p t ’ 31-’ 55 A & O b 4.35 to 4.15 % 4 3.90 5M s Ja n 1926 ______ A & O 4 M s C la rk A v B d g '42 A & O 4 4.15 3.90 6 Ms Ja n 1927-1961.. A & O 4 M s P a rk 1938_____ A & O 4.10 3.90 4M s J u ly 1 1925-62.. A & O 49 P a rk 1 9 2 9 -1 9 3 1 ...A & O 4.10 3.90 4M s M a r 1 ’ 27-’ 5 6 ._ A & 0 49 G ra d e C ro ss’g ’30. A & O 4 4.20 5s A p r il 1 1925-27_____ __ C le ve la n d S D *4 Ms ’ 25-’ 28 4.20 5s 1925-1938________ A & O b 4.00 to 4.16 % •4M3 1929 to 1935.............. N O R T H C A R O L IN A 3.90 4a J u l y 1 1932.............. J & J 4.40 5s J u ly 1961_______________ *68 1925-1928........... J & D b 4.15 to 4 % 4.35 4.20 4M s School ’ 27-’46_____ J & J •68 1929 to 1933____J & D 4.35 C le ve la n d H e ig h ts S D — 4M s 1927-1962________ J & J 4.35 b 4.50 to 4 % 4s R efu nding 1950____. J & J *89 1926-1939______ A & O 4.35 C o lu m b u s *6s ’ 49-’ 37__NI&S 4s B u ild in g 1951 _ . . . . J & J 4M 5.25 A lb9 m a rle 6s 1926-38 - F & A 5s S t Im p t 1925-1932 M&S 5"4.15* to 3.90 % 4.55 A s h e v ille 5s R ef 1941_ J & J _ 3.90 4s Sewer ’33 o p t ’ 1 3 .M & S 4.55 3.90 5 j School 1943 ______ J & J 48 W a t W ’45 op ’ 2 0 .M&S 4.60 3.90 5 Ms 1925-1957 ______ J & J 3 M « 1932 o p t 1 9 1 2 ... J & J 4.70 C o lu m b u s S D 4s 1926.M&S 3.90 5 M s Street 1926 3 6 . . F & A 4.40 4.30 •5s 1943-1952_____ J& D 1 9 4 M s 1925-1929_____ M & N 4.40 C u y a h o g a C o *6s’ 25-39 A & O b 4.30 to 4 % 4 MS 1930-1965_____ M & N 4.60 Buncom be C o 5s ’ 25-’ 4 6 .J & D *5s B rid g e 192 5-2 7..A & O b 4.30 to 4 % 4.55 4.20 4 M? F u n d in g 1939..M & S •5s R e f 1925-1932.. . A & O 4.75 6s B ridge 1 9 2 8 -3 7 ...A & O •58 R e f 1932-1939.. A & O b 4.30 4.40 C h a rlo tte -5 s S t & Sew’ 29. J & J 4s R e f 1925 to 1926.. A & O 4.50 5s School 1926-46____F & A 4s 1925-1941_______ A & O 5M s F u n d 1 9 2 6 -2 9 ..F & A ............. ............. 4.40 • D a yto n — 5s 1925-’3 2 .M & N b 4.40 to 4.20 4.40 SM s 1925-1930_____ M & N •6s G e n fu n d 1 9 2 8 ..A & O b 4.35 to 4.10 4.60 8 M s 1931-1948_____ M & N *3Ms W W Im p 1944 J & D b 4.45 to 4.25 4.45 4 M s W a te r M a r 1935.J & J •5s W W Im p 1945.. F & A b 4.40 to 4.20 4.50 4M s W a te r O c t 1 ’ 41. A & O •4 M s W W Im p 1940 J & D b 4.40 to 4.20 4.50 4M s W a t & Sew 1942 J & J •4M3 B dge 1 9 3 3 -3 9 .A & 0 b 4.40 to 4.20 4.55 D a y to n S D 5M a’41-’ 61M&S3 b 4.45 to 4.25 D u rh a m -4 M s S e w & L t’ 41 J & J 4.55 4M s F u n d ’ 25 to 194 0.J& J •5s M a r 16 f25-’46 M&S16 b 4.45 to 4.25 4.60 E a s t L iv e rp o o l— 4s 1940 J & J 5s W a te r 1926 to 1945. J & J 4.60 E ly r ia 4a 1925 to '3 8 .J & D 5s F d & Sewer ’ 25-’39 F & A 4.60 G ra n v ille C o 4M s ’3 9 .M & N 5s W W 1929-1946.. . J & J 4.50 • F ln d la y C ity S D S s ’ 25-27J & J Greensboro— 5s W W ’ 30 J & J 4.55 F o s to ria — 4s 1925_____ M&S 5a A u g 1 1942 W ____F & A 4.40 4a W a te r-W o rk s 1954. J & J *58 W W Im p ’ 25 *40 M&S 4.85 F r a n k lin C o 4s 1925 ___M&S G re e n ville 5s W W ’ 58 F & A 4.65 Ire d e ll C o 5s A u g 1 ’4 2 .F & A *5s F I E m e rg ’ 25-’ 29. M&S 4.75 Lee C o 5s R oad 1952 .M & N ♦5 M s H o s& B g e ’ 26 35 F & A 4,75 L in co ln C o 5s 1943 & ’ 48 J & J 6s R d M a y 2 ’ 27-’31 M & N 2 4.75 H a m ilto n C o *4M s ’ 43. F & A 8s B rid g e 1937-1951. F & A M e cklen b u rg C o — 4Ma O c t 1 1939_____ A & O 4.90 6s R e f N o v 1950 . M & N 4a C H J ’n e ’ 3 6 o p ’ 16 J & D 4.60 Iro n to n *4Ms W w ’3 6 .J & D P it t C o 5s 1925-36 . .M & N 4.55 Lakew oo d— *M8 1943-1947 . . . M & S 4.65 5s F u n d Ju n e 1959. J & J 4 M s 1 9 2 5 .................. A & O 4.25 R a le ig h 5s 1927. .A & O 4M9 1926-1939_____ A & O 4.55 5a M u n lc B ld g 1 9 3 9 ..J & J *4Ms O c t 1945_____ A & O 4.60 5a im p t Ju n e 1 1944. J & D •53 P a rk & Im p ’ 25-’4 1 A & 0 b 4.40 to 4 % 4.70 •Lawrence C o 5s 1934. M &S b 4.40 R u th e rfo rd C o 5s ’ 25-’ 52 J & J 5 S a lisb ury 6s Im p ’ 25-’35. J & J L im a 48 Sewer 1925____A & O 5 6s 1925-1941 . . .M & N b 4.50 to 4 % 5M s Sewer 1925-1947 4.85 S u rre y C o 6s M a y 1933-1958 •4M s O c t ’ 25-O ct’ 30. A & O 6 4.50 to 4 % 4.50 4 W a ke C o 5s F u n d ’48 J& J 3M s R e f ’30 o p t ’ 2 5 . . A & O 5.40 L o ra in 5s 1925 to 1 9 3 2 ..J & J 4 W eldon 6s Ja n 1925-1942 4.50 W ilm in g to n — •59 W W R e f ’ 25-’ 2 7 .M & S 4.60 4.50 5s Re? & im p t 1955.. A & O •69 F d S e p l5 ’ 25-28M&S15 4.55 Lucas C o 4a C - H 1944.M & S 3.90 4M s 1925-1962 A&O 4.50 4.30 4M s g W a t & Sew ’48 A & O *5M s W a tS u p ’ 25-’ 30M&S 4.50 M a d is o n v ille (in C in c in n a ti) 4 M s W a t & Sew 1952. J & J 4.40 4 4s g R e f J u ly 1 1 9 2 9 ..J & J 5s 1932 o p t 1922_____J & J 4 4.50 W in sto n -S a le m — 5s ’ 25 M & S M a rie tta — *4Ms ’ 25-’ 3 3 J& D 4.50 4 3 Ms 1931 o p t 1911.. F & A 4.50 M a r t in ’s F y 5a ’ 26-’4 4 .M & S 4.60 Bs S „p t 1925-1947.. . M & S 4.45 M ia m i C o n s e rv a n cy D ia t— 4M s fu ly 1 1942 J& J 4.45 4 M ’ J u ly 1 1952 j& J 5M s (1 to 5 y r m a t’y ) J & D b 4.50 to 4 % 4.50 4.50 6s im p A u g l5 ’ 25-30F&A15 5 M s (5 to 10 y r m a t’y ) J & D N O RTH D AK O TA 4.50 5 M 3 (a fte r 10 y r s ) _ J & D _ 4 5a F a rm Loa n 1935, 1940, M id d le to w n 49’30op’20 F & A 4.50 M o n tg o m e ry C o u n ty — 1945 and 1950 J& J 4.65 SHs 1943 & 1948 Ser C . J & J *5s F I E m e rg ’ 25- 42 J & D b 4.30 to 4 % 4.65 N e w a rk *4Ms 1925-’4 1 .A & 0 b 4.50 to 4 % 5M s J u ly 1928-33 J& J 4.65 N o rw o o d — 4 M s 192 5.. J & D G ra n d F o rk s 5 s .M a y ’ 25-’38 4.65 W a rd C o 4M s J u ly 1925.J & J 4s 1 9 3 0 ............... A&O O H I O (See f o o t - n o t e •) P o rtsm o u th — 4s ’ 25-’ 24 J & D 4MS 1925-1932________ A & O b 4.30 to 4 % 6s Sewer 1927-’36_ J & J b 4.35 to 4.20 _ • Akron 6s 1925-1940... A & O b 4.30 to 4 % S a n d u sky 58 '25 to ’ 2 6 .F & A •5s 1925 & 1928_____ V a r . b 4.25 to 4 % S p rin g fie ld — *58 1925-1934 b 4 40 to 4 % •5s W a te r 1925-1953.A & O b 4.35 to 4 % 49 1925 ____________ M & S •5 M s 1926-1929_____ J & J b4. 25 to 4 % S p rin g f’d SD*5s’ 25-’39 J & J 2 b 4 M to 4 % 4.30 S te u b e n ville *5s ’ 25-’ 35 M&S b 4.40 to 4 % •3Ms 1930-1937 J& J 4.30 S u m m it C o 5s ’ 27-’ 30. 4.30 •5Ms 1938-1951 J& J 4M s 1925-1947_____A & O b 4 .25 to 3.90 % b 4.30 to 4 % 4 M s 1925-1937_____ 4.20 •4MWWDec31’ 25-37J-D31 b 4 .20 to 3.90 % 1 T o le d o *5sW W ’ 37-’44 F & A 3.90 4 s W W 1942 A&O 5s Sept 1925-42_____ M & S b 4.20 to 4 % 4 A llia n c e 4 Ms 1927-32..J & D 4.25 *6a G e n F u n d 192 9.. F & A 4.40 •5s W a te r D ec 15 1926-50. b 4.25 to 4 % A s h la n d — 4.25 4.20 • 3 M s W W Im p ’ 25-’4 4 A & 0 b 4.60 to 4.10 % B u tle r C o — 4.20 *4Ms W a t 1932-34.. . J & J 4.30 3.90 • 4 M s F l-E m e r’ 25-’ 31 M & N 4.50 3.90 C a m b rid g e — 4M s’26-’34 J & J 4.50 •5s Sewer 1953 . . M & S 3.90 4s P a rk J u l y 1 1 9 4 2 ..J & J 4.50 3.90 •5s Sewer 1931-37 M&S 3 M s R e fu n d ’g 1930 M & N 4.30 T o le d o Sch D is t 4s 1925 4 C a n to n — *5s Sew 1 9 5 3 .M & S [ •8M s F u n d 1925-37.. J & D 6 4.15 to 3.90 % 4 4s 1926-1929_________ 4.30 •6s W a te r 1944-1959 A & O b 4.30 to 4 % 4 4 M s W a te r -W k s ’ 3 0 .M & S b 4.50 to 4.30 % 4s 1926 & 1927...........F & A b 4.10 to.,3.90 % 4 4.30 • Canton S D 5s 1954 A & 0 8 4 4 _ _ •5s D e c 10 25’- ’ 26 J& D 1 0 4.30 4.40 •4.40s 1936 . . . . . . . 4.30 C in c in n a ti— b 4.30 to 4 % 4.25 •6s F u n d in g 1 9 2 8 ... F & A b 4.40 to 4 % 4.25 Y o u n g s to w n School D is t— • 5 M sIm p M a rc h 1941 M&S 4.35 • S V s Im p F e b ’ 46, ’ 51 F & A 4.30 4.20 •5M s M a r 10 ’3 1 ..M & S 1 0 b 4.35 to 4 % •3s J u l y 1 1968 .T&J 4.40 Zan e sville — *5s C i t y H a ll 4.10 •4MS T"Iy 1943 . , J&.I & M a rk e t 1 9 2 5 -3 9 ...M & b 4.40 to 4 % 4.10 Zan e sville School D is t— •4Ms Sewer 1955 ___A & O 4.30 •4M s Sew Sep 3 ’37 M & S 3 b 4.40 to 4 % 3.90 8.65s s F e b 1937____F & A •Subject to ta x a tio n . B y an th a t S ta te are su b ject to ta x a tio n . Bonds issue prior to Jan. 1 1 1 are exempt from taxation. 93 53 STATE AND MUNICIPAL BONDS Bonds. O K LAH O M A 4MS O c t 15 1925-33.A& 018 4s F u n d in g 1925 27____F & A C a n a d ia n C o 4s ’ 26-’3 1 .F & A G u th rie 6s W W ’ 4 3 . . . A & 0 M uskogee— 4 M s 1 9 2 5 .M & N 5s Sewer 1936________M &S O k la C i t y — 5s ’37 o p ’ 22 F & A 5s W a te r 1936............M&S 4 M s Sewer 1936_____ F & A 4 M s W W 1941______ J & J O k la C i t y S D 4s 1 9 3 3 ..J & J 5s 1926, 1930, 1931.. V a r O k la C o — 4M s ’ 25-’3 3 .J & D O km ulge e 5s M a r 15 1943___ P a yn e C o 4 M s ’ 25 to ’ 29 A & O T u ls a 5 M s 1 9 2 7 -3 2 .... F & A S M s J u ly 1946______ F & A 5 M s W a t& P a rk '3 0 -’49 F & A 5s 1933-1947.................. F & A OREGON H ig h w a y 1925______ A & O 5 M s H ig h w a y 1925____A & O 4 M s H w a y ’ 2 5 -A p r’ 4 4 .A & 0 4 M s 1925-1944 ( s - a ) . . . A & 0 4s H ig h w a y 1925-42___A & O 4s H ig h w a y 1925-41___A & O 4s A u g 1 1928-1933____F & A A lb a n y 5s ref '31 op ’ 21.A & O A s to ria 5s 1953_________J & D SM s 1925-1949.............. J & J B ake r C i t y 5s 1934____ M&S C la tso p C o 5s 1934____ A & O C o lu m C o 5s’ 25-’ 29-’34. A & O D a lles C i t y 5s ’25-’ 2 6 ._ M & N Eu gen e 5s 1942________M & S M u lto n o m a h C o 4 M s’ 3 2 J& D 5s R o a d 1925-1929.-M & N P o rtla n d — S M s A u g 1928............F & A 5s g old B rid g e 1925.. A & O 5s H a r b D e v 1925-30M&N 4 M s D o c k 1943____M & N 4 M s O c t 1925-47____A & O 4s W a te r 1937............M & N P to f A s to ria S s H a r’ 23-’ 2 9 J* J P t of Coos B a y H a rb o r 5s___ P o r t of P o rtla n d — 4s D r y D o c k 1934____J & J Salem — 8s Sewer’ 23-’33M & N B id . Aak. ............ ............ b 4% b 4% b 4.30 b 4.30 b 4.25 b 4.25 b 4.25 to to to to to to to 3.25 3.25 4.15 4.15 4.15 4.15 4.15 4.40 4% 4.50 4.45 4.45 4.45 to to to to to to 4.15 3-50 1 4.30 4.30 4.30 4.25 b b b b b b 4.75 4.80 P E N N S Y L V A N IA 5s J u ly 11951 Series C . . J & J 118 118M — 4M s J u l y 1929, 1934, 1939, 1944, 1949 __________ J & J b 4.10 to 4 % A lle g h e n y— 4s 1927____J & J b 4 % to 4.95 % 4s Street Im p t 1937. M & N b 4 % to 49.51 % 3 M s 1925 to 1931.. . A & O 6 4 % to 4.95 % A lle g h e n y C o 4M s ’ 4 3 .M & N b 4 % to 4.95 % 4s R o a d 1939............. A & O 6 4 % to 4.95 4s B rid g e 1942______ F & A 6 4 % to 4.95 3M s 1932 o p t 1922.. M & N b 4 % to 4.95 99 A lto o n a — 4s '34 o p t ’ 14.J & J 100 99 4s R e f 1936 o p t 1916.. J & J 100 99 4s H ig h w a y ’ 37 op ’ 32 J & J 100 A lto o n a S D 4s ’ 25 to ’3 5 A & 0 99 100 B ethlehem S D 5 M s 1923, '30, ’ 35, ’40, ’45, ’ 5 0 .J & D b 4.10 to 4.05 B ra d d o ck 4 M s ’ 25-’4 4 .M & N b 4.10 to 4.05 4s 1925 to 1935_____ M & N b 4.10 to 4.05 C a m b ria C o 4M s ’ 25-’ 45____ 6 4.10 to 4.05 Chester— 3 M s 1929____J & J 6 4.10 to 4.05. 4s ’37 o p t ’ 17 t e x -e x m .J & J b 4.10 to *.05: 4M s 1930-35-40______ J & J b 4.10 to 4.05 C he ste r S D 4 M s ’ 32.-’ 37-’42 b 4.10 to 4.05 E a sto n — 3 M 8 1928____A & O b 4.10 to 4.05. E r ie — 4 Ms Sch 1925-39 A & O b 4.10 to 4.05 4M s R ef 1934 o p ’ 2 4 .. J & J b 4.10 to 4.05 E r ie S D 4s 1925-38____F & A b 4.10 to 4.05 4 Ms 1925-1937______ A & O b 4.10 to 4.05 4M s Ja n 1 1936-1946_____ b 4.10 to 4.05 F a y e tte C o 4s R oa d *26. A & O 6 4.10 to 4.05 4s R oa d 1936________A & O b 4.10 to 4.05 H a rris b u rg — | 4s A u g 31 1926-32.. . M & S b 4.05 'to 3.95 4s P u b Im p ’ 25 to ’ 36 M &S b 4.05 to 3.95 4s M a y 15 1925-1953____ lb 4.05 ito 3.95 Jo h n sto w n — 4M s 1925 & 1930_________ \b 4.05 !to 3.95| 4s B u ild in g 1930 o p t M & S b 4.05 ito 3.95 L a cka w a n n a C o 4s 1944F& A 6 4.05 to 3.95 % Lan ca ste r 3s ’ 38 o p t ’ 28.A & O 6 4.05 to 3 95 3 Ms Sewer 1934____M & S ib 4.05 to 3.95 % Lan ca ste r S D 4s M a y 1945 b 4.05 to 3.95 % L o w e rM e rio. n .T p. 4 s ,4 M s ,4 M s b 4.05 to 3.95 -------------------------------------- . . . ---------------- _ & N M c K ’p ’t S D 4 M s’ 25-’43M b 4.05 to 3.95 % M e rce r C o 5M s ’ 25-’4 7 _ F & A 6 4.05 to 3.95 % N o rris to w n S D 4M s ’ 43 J & J 6 4.05 to 3.95 % P h ila d e lp h ia — 4s 1 9 3 7 ..J & J 100 101 5s J a n 1951__________ J & J 114 116 4 M 8 M a y 1948______ J & J 107 M 108M 4 M s N o v 1 1948_____ J & J 107M 108M 4s J u l y 1939__________ J & J 100 101 4s J u l y 1942__________ J & J 100 101 4s J a n 1 1946_________ J & J 100 101 4s N o v 1 1966_______ J & J 100 101 4s J u l y 26 1972______ J & J 100 101 . . 3 M s J u l y 1932_______ J & J 64 M % 3 M s J u l y 1 1934_____ J & J 64 M % . . P h ila S D 4M s ’ 25-’ 4 3 __J& J 64 M % 4s 1925-1942_________ J & J 99 M 'io o M P itts b u rg h — 4 M s’ 25-’ 5 0 J & D 6 4.05 to 3 95 % 4s M a y ’ 25 op ’ 10-’ 22M &N 6 4.05 to 3.95 % 4s 1925 to 1927............M & N 6 4.05 to 3 95 % 4s 1926 to 1939______ J & J 6 4.05 to 3.95 % 4 M s ’ 25-’38 ta x a b le . M & N 6 4.05 to 3.95 % 3M s A p r ’ 25 to ’ 3 0 ..A & O 6 4.05 to 3.95 % P itts b S D 4 M s ’ 25-’ 2 7 - . J A J 6 4.05 to 3.95 % R e a d in g — 4s ’ 25 to ’ 28. A & O 6 4.05 to 3.95 % 4s 1925-1928________M & S 6 4.05 to 3.95 4s 1926 & 1931___________ 6 4.05 4.05 S cra n ton 4 M s ’ 25-’ 4 1 _ _ F & A 5s 1925-1950................ F & A 4.05 4s 1925-1937_________ M&S 4.05 4s l9 2 5 -’30-’35_____ A & O 4.05 Scra n t S D 48’ 25-’ 28-’3 3 A & 0 4.05 3M s 1925-1932.......... . F & A 4.05 U n o n to w n 4s’ 28 ta x -e x M & N 6 4.05 W ash’n C o 4 M s ’ 23-’34 M&S 6 4.05 4a 1925-1933................ M & N b 4.05 b Basis. /F la t price, n Nominal, . . 54 [V ol. 120. STATE AOT> MUNICIPAL BONDS B on ds. B id . W ilk e s -B a rre S M s ’a S - ^ F A A ft 4.05 4s 1925 to 1935.............J A J 6 4.05 4M s Im p Ser I ’25-’3 8 A A O !6 4.05 4M s 1931-1940______ J A J 6 4.05 4M s Im p 1940-1945. _J A J b 4.05 W m s p o rt 3 M 9 ’ 29op’09 M A S b 4.05 Y o r k 4M s 1925-1943... F A A b 4.05 Y o f k C o 3 Ms ’ 25 '32 M A N b 4.05 Aak. to to to to to to to to To N e t. 3 .9 5 % 3.95 % 3.95 % 3 .9 5 % 3.95 % 3.95 % 3 .9 5 % 3 .9 5 % To B onds B id Aak N a sh ville — 6s A p r il 1925 1 9 4 2 ... A A O 6 4.50 to 4.25 % 5s M a rch 192 5-I960 .M A S 6 4.60 to 4.50 % 5s M a rc h 1933______ M A S 4 60 5s School 1925-1945..J A D 6 4.50* to 4.25 % 4.40 4 M s S treet 1935.......... J A J 4.40 4 Ms H ig h Sch 1 9 4 0 ..J A J 4s W a te r 1928_______ J A J 4.20 R H O D E IS L A N D . P olk C o 58 ’ 27-’46_____ J A D 4.60 4s C h a r lt In s t 1905____M A S 99 4.60 P utn am C o 4M s 1941. J u l y 1 3M s g o ld S H 1934_____ J A J 4.40 R ob e rtson C o 4 s’ 41op’ 31_J A J 95M 95 a rls to l— 3 M a g 1 9 3 0 ... M A S 4.40 S helb y C o — 4 M s S c n ’ 4 1 .J A J C ent F a lls 4s ^ S - ’ S O - . - F A A 98 4 45 4M s M u n lc 1933-’ 5 7 .J A D N P r o v ’oe 4s J ’ne 15 ’ 47 J A D 4.40 4s C o u rt House 1 9 5 5 .JA J 93M Jo h n sto n 4 Ms 1925, 4 50 5s School 1929, 1939, 1949 1930. 1935, 1940____M A N TEXAS. 99 M 98 L in c o ln — 4s 1928______ A A O A u s tin 5s 1925-1942____J A J 6 4.70 to 4.80 % 102 4.70 N e w p o r t — 4 M s ’ 25 ’3 9 -M A S 101 5 s S ch B g A H o s’ 52op’3 2 J A J 115 5M s Ju n e 1 1925-1958____ 113 4.70 4 M % R ef 1925-1940.. J A J gol 4.70 Beaum ont 5s ’ 52 op ’32. A A O 99M 100 4.70 ■96M 4s M a y 15 1948_____M A N 5s W a te r W o rk s 1954.M A S 97M - - 3M s g H ig h Sch 1954 J A D 4.70 87 M 5s 1925-1964 88M - - 4.70 P a w tu c k e t— 4 M 9 1 9 5 0 ..J A J 101M 4s 1942 o pt 1922____.TAD IM s Sewer 1952 ____J A D 101 Vs 5.25 Cisco 6s F u n d 1949-62 F A A 5 5 98 M 4M s School 1954 . . M A N Clet)urne5s W W ’ 52op’3 2 .J A J ts W a te r 1937............ M A N 4.25 Dallas— 5s 1931................J A D 95M 99 4.25 P ro rld e n c e 4s 1927____A A O 5s g A u g 1928_______ F A A 98 4.25 4s Jan 1 1945_______ . J A J 99 M — 5s 1925-1960________M A N 98 4s O c t 1 1954_______ A A O 99 M - - 4M s Sch 1925-1952.. M A N 6 4.30 to 4 % 4s J u ly 1930__________J A J 98 99 M — 4M s 1928,1938, 1939,1942 98 4s M a y 1902............ . M A N 1943, 1944, 1945 . . J A J 6 4.30 to 4 % 99M - - 98 4s W a te r 1902_______ J A D 99 M — 4s School 1925-1951.. J A J 6 4.25 to 4 % 98 4.50 4s O c t 1 1964............ . A A O 99M - - - D allasC o4 M sSeplO ’ 51 A p r lO ;------------96 M 3 M s Sch A B r 1929. .M A N ' V la d A B rid g e Feb 10 5 94 M 3s -tew A Im p 1929.. M A N 1954 o p t 1924____A p r 1 0 ............. 4.90 W w t e r ly — 4s 1927____M A S 98 M E lP a so 5 s W W P u rc h ’ 5 0 .A A O !-----------4.90 3M s W a te r Feb 1929. F A A 96M 6s Fun d 1951 o p t’3 1 .M A S 1 -----------4.90 W oonsocket 4 Ms F d '41 J A D 100 M 5s School 1955 o p t’3 5 . J A J j -----------4.90 6s F u n d 1925 1 9 3 5 ..M A N 106M 5s Im p t A u g 1 1948_F A A ’------------4.65 6s F u n d 1939-1961.. M A N 118M F o rt W o rth 5s 1951____A A O ------------4.65 4M s F u u d ln g 1944.. M A N 100M 6s 1929-1934_______ J A D -------------4.65 98 4M s June 1925-1957.J A D 5s 1935-1959................J A D _______ 4.65 5s Funded 1925-1959 A A O 105M 4 M s 3 tIm p ’ 48opaft’ 2 8 . J A J -----------4.65 93 4s F u n d in g 1947____A A O 4 Ms Sch’49 op a ft’ 29. J A D ............ 94 4.65 3M s W a t M a v 1 ’31 M A N 4s R efu n d in g 1941___J A J ------------S O U T H C A R O L IN A . Q a lve sto n — 4.25 4.75 4M s B lu e 1928..................J A J 5s L lm debt 1932-1936 J A J 4.75 4s tte fu n d 1952 op 1932. J A J 5s G ra d e R ais 1 9 4 4 ..A A O 97M . 4.30| 5s School 1925-1954.M A S 4.75 C h a rle sto n — 4 M s 1928. A A O , 4.45 4.75 4M s Ja n 1902_______ J A J 5s 1925-1950........... .. . A A O .4.40 4.75 4s Sewer 1929_______ A A O 4 M 9 G ra d A c ’ 48op’ 2 8 .J A J .4.40 4.75 4s R efg ’ 38 ( t a s - e im ) . J A J 4 M sG rad A c ’ 49op^2 9.AAO . 4.701 G alve sto n C o u n ty — C ha rle ston C o 6s 1 9 3 7 ..J A J 4.90 .4.90 C h s ra w 5 s’ 52 o p ’3 2 _ .J u ly 1 5s Bd A p r I0 ’51op’31 A A O 5 C la re n d o n C o — G rim e s C o 5 M s ’ 25-’2 7 A A O lO 5 0s M a y 1 5 ’ 30-’ 4 O M A N l3 5 Ms Road ’ 28-’2 9 .-A A O 1 0 .............. 4.55 5 C o lu m b ia 8s R e f 1941..M A S 5 Ms R oad 1930-’54 A A O 1 0 ______ 4.50 H a rris C o 4s ’47 op 17.A A O 4.80 4 Ms W a te r 1945_____J A J ______ 4.55 H ouston— G re e n v ille — 58 S t 1942 . J A J 1.55 4.60 5s W ater 1958 o p t’3 8 F A A 5s Sew N o v 15 1 9 3 9 .M A N 4.00 t 50 5s R e fO c tl0 ’ 41op’ 3 1 .A A O G re e u vllle C o 4 M s’40-’5 5 JA J 4.65 to 4 50 % 5 Lan caster S. D . — 5 s'4 1 .J A J 5s M u n Im p ’ 20-’ 3 0 . . F A A 5 30 08 J u ly 1940__________J A J 4 Ms Sept 1925-1952.M A N b 4.65 to 4.50 % i 55 R ls b la n d C o 5s 1933___ J A J 4 Ms O c t 29’ 38 op ’ 28. A A O b 4.65 to 4.50 % 4.90 Palestine 5s Sch A u g 1 1929 R o3 k H ill 5s 1951 op ’3 1 .J A J .4.70 4.50 S p a rta n b u rg 4 M s ’ 3 5 . .A A O '34, ’39, '44, ’49, '54, '59, '64 4.55 P ort A rth u r 5s 1925-56.M A S .4 85 5s Sept 1 1939______ 4.55 San A u to n lo — 5s' 25-’ 53M A S .4.40 5s N o v 1 1943______ . 4.40 S p a rta n b u rg C o u n ty — 5s Sept 1925-1953.. . M A S .4.40 4.30 4M s 1925 1927..........M A N 5s Sept 1931-1959_____ __ Sum ter C o — 5s St Im p D ls t N o 2 1943 4 .7 5 % 5s Road A Bdge ’28-52 J A J San A n to n io S D 5s '5 0 . F A A 4 85 Y o rk Co— W a co — 5s N o v 1 1 9 3 4 .M A N 4.85 4 % s R d A B d g e ’26-’50 J A J b 4.65 to 4.50 5s Sewer 1937________J A J 4.85 5s W a te r-W o rk s 1942.J A J 4 85 SOUTH D AK O TA. 4s Ja n 1 1931_____ ______ 5 15 6s R u ra l C re d it ’33-’ 4 0 .A A O W ic h ita F a lls 0s 1950.M A N 6s Sept 1941................... . M A S 4 80 5 Ms 1925-1940_____ M A N 4M 5 1.751 5a Feh 10 I960. _ F A A 10 5s M a r 15 I931-’ 35._M AS1S 4.50 5s June 1 1925 '3 9 _____J A D U N I T E D S T A T E S — S e e page B 10 A 48 1.701 5s H ig h w a y ’ 25- 2 8 ___ \ A O UTAH. 4.25 4.50 5 Ms A p r il 1 1941_______ J A J 5a Ja n 15 1934-1940. J A J 1 5 4.25 4.60 5s C a p ito l B ld g 1934___J A J 5M s Ja n 15 1943____J A J l o 4.65 4 Ms C a p ito l B ld g 1934. A A O 4.15 4M s R u ra l C re d it 1 9 3 9 .JA J m 4.15 Aberdeen 4 M s 3ewer’ 32 J A J 4 Ms R oa d 1939............. . J A J 4.80 4 Ms J u ly 1 1939_______ J A J 4.15 S io u x F a lls 5s 1931____J A D 4.80 4s C a p ito l B ld g 1934_ J A J 4.15 S io u x F a lls 8 D 5s 1935. A A O _ 4.80 B ox E ld e rC o 4 M sSch’32 F A A 5 5M s D ec 1 1940.......... J A D 4 25 O gden— 4 Ms 1929______ J A J 4.25 TENNESSEE. 4 Ms R efu n d in g 1932.J A D 4.25 4M s J u ly 1 1925-07____J A J b 4.45 to 4 .1 5 % 4 Ms R ef W a t 1933.- M A N 4M s R e f 1925-1955____J A J b 4.45 to 4 .1 5 % Salt Lake C i t y — 4M s 1938-1955................ J A J b 4.45 to 4 .1 5 % 5s R ef 1925-1928____M A S b 4.40 to 4.15 % 4s R ef 1925 1955.............J A J b 4.40 to 4 .1 0 % 5s R efu nding 1941___J A J b 4.40 to 4.20 4s 1932-1953............... . . J A J b 4.40 to 4.10/ 4 Ms M a y 1 1934____M A N b 4.40 to 4.20 % B lo u n t C o 5s 1920, 4 Ms re fu ndin g 1934.M A N b 4.40 to 4 20 5 1931, 1930, 1941,’ 5 1 -J A J 4s S A W ’ 25 o p t ’ 15. A A O b 4.75 to 4 % 4.50 Salt Lak e C i t y S D 4s’3 0 .J A J 4 .3 ) C h a tt in o o g a fiM s 1 9 3 7 .JA J 4.50 4.30 5M s ref A p r 15 ’ 51 A A O l5 4 Ms Feb 1 1932_____ F A A 4 .3 ) 4.59! _ 5s \ u d it 1927-’ 32_ M A N 4 Ms A u g 1 1933_____ F A A 4.59, Salt L C o 4 M s’ 26on’ 1 0 _ F A A 4.30 4M s M a y 1952_____ M A N 4.50: 4M s P a rk 1942..........M A N VERMONT. 4.50 4 M s O c t 1 1925 1949._ A A O 4M s D e c 30 1 9 4 1 ..JA D 3 0 96 Co3ke C o R d A B rg e — M fd d le b u ry 4s’ 41op’ 2 1 .M A N 4.90 1924,’ 2 9 ,’ 3 4 ,’ 3 9 .. . M A N VIRGINIA. 4.90 0s deferred ctfs 1871____J A J C u m b e rla n d C o 5s 1953. J A J 4.50 D a vid s o n C o 4 M s ’ 37op F A A . B ro w n B ros c e rtific a te s .. 4.50 3s “ R ld d le b e rg e r” 1932 o pt G ra in g e r C o 5s 1 9 4 0 ... F A A 4.50 H a m ilto n C o 5s 1 9 3 5 ... A A O 1900_________ ..J A J 93 M 94 M 4.50 3s F u n d e d debt 199 1___J A J 5s A p r il 1945________A A O 77 M 76M 4.40 A lb e m a rle C o — 4M8 C H A J a il ’ 4 2 .. A A O 4.40 4.60 4 M s B dge A Sch 1947 A A O 5s Jan 1 1948_________J A J 4.50 A rlin g to n C o — K n o x C o 5s 1930-1945______ 4.70 4.50 K n o x v ille 5s 1940_____ M A N S M sS ch B ld g ’ 33-’ 5 4 .F A A 4.80 4.50 B ris to l 5 M s Sch ’34-’53 6s W a t R e f 1 9 2 5 -4 0 ..M A S 4.65 4.50 C h a rlo tte s v ille 5s 1962.M A S 5M s F u n d 1950_____M A S 4.65 4.50 5s W a te r Im p t 1 9 5 8 ..J A J 4 M s J u l y 1 1930-1948 4.50 4.40 D a n v ille — 4s R efg 1 9 3 1 .JA J 4M s F un ded A c 1937 J A D 4.50 4.40 4M s W a te r-w k s 1 9 4 9 .JA J 4 M s R e f A u g 1942.. F A A 4.35 4.60 5s W a t Im p 1 9 2 5 -2 8 .JA D 4s Ju n e 1 1929_____ J A D 4.50 4.50! H en rico C o Sch 5s ’3 0 -5 0 JA J M e m oh is 5s J u l y 1 9 5 4 ..J A J 4.90 5s R iv e r T e rm ’ 25 ’ 4 8 A A O 6 4 M % to 4 % Lee C o u n ty 5s 1 92 6-4 1..J A J 4.25 to 4 % 5s A u d it M k t ’ 26 ’ 4 9 -J A J 64 M % L y n c h b u rg — 5s 1926 o p t . J A J 4.35 4.40 4M a R e fu n d in g 1 9 3 9 .JA J 4M s R e f Ju n e 1 1927. J A D 4.45 4.40 4M s S t Im p t A c ’ 4 6 . F A A 4 Ms P u b Im p t 1 9 3 9 ..J A J 4.40 4.45 4 M s P a rk 1947______ J A J 4M s P u b Im p t 1 9 4 0 -.J A J 4.40 4.45 4M s W a te r 1951_____ J A J 4 M s S tre et 1947.......... .M AS 4.40: 4.45 4M s 1950.........................J A J 4s R ef O c t 1934______ J A J 4.65 4.40 N e w p o rt N e w s 4M3’ 4 8 . J A D 4M s P a rk 1959.............A A O 4.65 4.40 4s W a te r 1933______ M A N 4 Ms F e b 1953________F A A 4.65 4.40 4s Street N o v 11941 M A N M e m p h is S D 4 M s ’ 5 9 .. J A J 6Basis. 'Flat price, n Nom inal. B on d s. B id . Aak. To N a t. . . . 4.70 N o rfo lk — 6s O c t 1 1950. A A O . . . 4.65 5 M s School O c t 1 ’81 A A O . . . 4.50 8s M u n ic ip a l 1949___F A A . . . 4.80 8s M u n ic ip a l 1909___F A A . . . 4.40 4 M s M u n lc Im p t ’42 M A S . . . 4.40 4 M s R en ew A p r 1 ’ 41 A A O . . . 4.40 4 Ms Im p J u l y 1 9 4 0 ..J A J . . . 4.40 4s Im p t M a rc h 1930. M A S . . . 4.45 Petersburg 4 Ms 1 9 8 2 ..A A O . . . 4.00 P o rtsm o u th — 4 M s 1940 F A A . . . 4.75 3 M s A u g 1 1951_____ F A A . . . 4.60 4 Ms Im p O c t 1 1942.A A O . . . 4.60 4 M s Sch A Sew 1938.J A J . . . 4.65 5s W a te r 1948_______ J A D . . . 4.60 6s R ef 1928............ .J A J . . . 4.25 R ic h m o n d — 6s 1925-’ 2 9 _ JA J . . . 4,25 0s J u ly 1 1930_______ J A J . . . 4-20 4M s P u b Im p 1949._J A J . . . 4.20 4 Ms S tA P k R d S e p ’ 29 . J A J . . . 4.20 4M s 1958...................... J A J . . . 4.15 4s 1925 to 1930............ J A J . . . 4-25 4s 1938 to 1943______ J A J . . . 4.25 4s 1941_______________J A J . . . 4.25 4s E le c L ig h t 1942___ J A J . . . 4.25 4s 1943......... JA J 4.45 R oa noke 4 M s R e f 1936.J A J 4.45 4 M s Street Im p t M a y 1940 . . . 4.45 4 M s P u b B ld g 1941. M A N . . . 4.45 4 M s P u b B ld g 1944. M A N . . . 4.45 4 M s A p r 1952.............A A O . . . 4.40 4s St Im p t 1936_____ J A J . . . 4.80 S ta ffo rd C o 5s 1942____J A J S ta un ton— 5s W W 1929-’ 58____M A S b 4.60 to 4.70 % 4.75 Ta ze w e ll C o 3s 1925-46.J A J W A S H IN G T O N . 6s G e n F u n d 192 6-1 940.JAJ b 4.40 to 4 % 5 Aberdeen 8M s ’ 25-’3 1 ._ J A D 4.75 B ellingha m 5s 1920____A A O 5 C la rk e C o 5s ’ 35 op ’ 25 J a n 1 5 E v e re tt 5s J u ly 15 1931.J A J 5 5s Ju n e 1930_________J A D 5 5 Ms W a te r 1934-1938MAS 4.65 K in g C o — 5s 1928_____ M A S 4.05 5s C ’t House '33 o p t M a y 4.65 5s R oad 1935________F A A 4 M s H a rb o p t ’ 25-’ 30 N o v i b 4.80 to 4.65 % Lew is C o 5s 1 9 2 5 -3 2 ...M A S 6 5 % to 4.8E % 4.85 P acific C o 4 Ms J u l y 1 ’ 28-’30 5 Pierce C o 5s ref ’ 25op’ 1 5 A A O 5s Sept 1 1 9 2 8 -3 7 ...S e p t ft 5 % to 4.9C % 5 4s R ef 1920o p t 1910.M A S 4.70 P o r t of Seattle 5s’ 25-’5 5 M A S 4.70 4 Ms Ja n 1926 1 9 5 5 ...J A J Seattle— 5s 1 9 2 5 -1 9 3 0 ..JA J 6s L A P Sys 1927-41. A A O 3 Ms L A P 1929-43.M A N 4.35 4 M s Sewer 1927_____M A S 4.35 i M 8 Sewer 1931_____ J A J 4.35 4 Ms L ig h t e xt 1932.. J A J 4.35 4s A p r il 1 1929_____ A A O 4.50 Seattle S D N o 14 M s’ 25 M A N 4.50 4 Ms M a r ’ 25 to ’ 3 1 ..M A S 5 Snohom ish C o 5s’31 o p a f t ’ 21 4.40 Spokane 5s P a rk 1 9 2 7 ..J A D 4.40 4 M 9 Bdge C o n s t 1931.J A J 4.40 4 M 9 P ark 1962______ J A J 4.40 4 Ms B rid g e 1925-36__JAJ 4.55 4s W a te r J u ly 1 1 9 2 5 .JA J 4.55 S pokaneSD N o8 1 4 M s’ 2 9 JA J 4.55 4 M 9 M a y 1 1931____M A N 5 Stevens C o — 4 M 9 ’ 29 o p t ’ 19 4.75 T a co m a — 5s ’ 25-’ 33____J A D 4 75 4 M 9 L t A P o w 1 9 2 9 ..J A J 4.75 4 Ms R e fd g 1931____A A O 4.75 3 M s J a n 1 1939 ___ . J A J W E S T V IR G IN IA . 4.25 5s H ig h w a y 1 9 2 7 -1 9 4 6 ..JA J 3 Ms Ja n 1 1939_________J A J 6 4 M % 3 .9 5 % 4*45 C h a rle sto n 4 M s’ 41 o p ’ 2 7 J A J 4.50 C h a rle ston S D 5s ’ 25-’ 5 2 J A J 4.55 C la rk s b u rg 5s ’ 2 5 -'5 3 ..A A O 4.70 C la rk s b g S D 5s’41 o p ’ 21M AS H an co ck C o u n ty — 5s G ra n t 4.85 R oa d D l s t ’ 46 o p ’ 3 2 .M A N 4.50 H u n tin g to n 5s 1944____O c t 4.50 5s In d Sch D ’ 28-’3 4 . J A J 4.75 M a rtin s b u rg 5s ’43op’ 29 D e c l 4.85 M ercer C o 5s’44op’ 2 4 A A O 15 4.45 P a rke rsb u rg 4s W a t ’ 29 Ju n e 4.404 M 9 Ju n e 1 1933 . . J A D 4.30 W h e e lin g 5s W W ’32-’5 2 JA J 4.25 4s R e f 1925 to 1936.. J u l y W I S C O N S IN . 4.15 A p p le to n 4 Ms 1926-32.F A A . 4.25 E a u C la ire 4 Ms W W ’33-’44 4.25 Fo n d du Lac 4 M s’ 25-’35 M a r G re en B a y 4 M 9 '26 ’3 3 .J A J 6 4.70 to 4 50 % 6s W W 1925-1935.- M A N ft 5 % to 4.80 % 6s W W 1936-1960 - M A N ft 5 % to 4.80 Jefferson C o 5s ’ 28-’3 2 .A A O 6 4.50 to 4.40 4.25 L a C ro3se4M s’ 32op’ 2 2 .F A A 4.25 4s W a te r ’ 31 op ’ 2 1 . .J A D 4.20 M a d iso n — 4s O c t 1931.A A O 4.20 M a rsh fie ld 4 M s ’ 25-’3 2 . J A J 4.20 M ilw a u ke e 5s 1926-1939 J A J 4.20 5S 1925-1939_________ J A J 4.20 5s Ja n 1926 1940_____ J A J 4.20 5s J u l y 1925-1940____ J A J 4.20 4M s 1926-1939_____ J A J 4.20 4 Ms P a rk 1 9 2 6 -1 9 3 5 ..JA J 4.20 4s V ia d u c t 1925 to ’ 20 J A J 4.10 M ilw a u k e e C o 4s’ 25-’ 2 5 M A S 4.40 Oshkosh 4 M s 1926-34.. F A A 4.15 R acine 4 Ms R e f ’ 26-’30. F A A 0s 1925-1941________ F A A ft 4.35 to 4.45 % R a cin e C o — 4.30 6s 1930-1940 ------------------ J A J 4.25 S u p e rio r 4 % Sch ’ 2 5 -’4 4 J A J 4.30 W ausau— 4 M 3’ 25-’ 33. . A A O 4.30 W o o d C o — 5s’ 28,’ 29,’31 A A O 4.30 5s 1934______________ A A O 4.30 5s 1937 A 1938............ A A O W Y O M IN G . 4,50 0s P u b B ld g 1925-28.. . J u l y 5 C he ye nn e 5s ’ 31 o d ’ l l . F A A N a tro n a C o S D N o 2— 100 5s 1928-1944________ S he ridan— 6s F u n d M c h 151952 M A S 55 BANKS AND TRUST COMPANIES. Q u o t a t i o n s I n t h is d e p a r t m e n t a r e g i v e n p e r s h a r e , n o t p e r o e n t , e x c e p t f o r s t o c k s o f C a n a d i a n I n s t i t u t i o n s , a n d a r e a s n e a r a s p o s s ib le f o r t h e c l o s i n g d a y o f t h e m o n t h p r e c e d i n g d a t e o f i s s u e , t h o u g h o f t e n a r e n o m i n a l . A n a s t e r is k (• ) d e n o t e s s a le s . F ig u r e s o f d e p o s it s , c a p i t a l a n d p r o f i t s f o r t h e n a t i o n a l b a n k s a r e f r o m t h e C o m p t r o l l e r ’s l a s t o a ll; f o r a l l o t h e r i n s t i t u t io n s t h e y a r e t h e la t e s t o b t a in a b le , d ir e o t r e t u r n s b e in g p r o c u r e d b y u s w h e r e n o p e r lo d io s t a t e m e n t s a r e r e q u ir e d . For th e C l e a r i n g H o u s e b a n k s o f N e w Y o r k , P h i l a d e l p h ia a n d B o s t o n , d e p o s it s a r e t a k e n f r o m t h e la t e s t w e e k l y s t a t e m e n t ALABAM A— C a p it a l . B ir m in g h a m — A m e r T r & Sav B k B lrm ln g ’m T r & 8 F ir s t N a tio n a l B ank T ra d e rs N a t B an k M o b ile — f ir s t N a tio n a l B an k M erchants’ B a n k .. People’s B a n k _____ M o n tg o m e ry — Exchange N a t B ank f ir s t N a tio n a l B ank f o u r t h N a t B a n k .. Alabam a B k A T r C o U n io n B k A T r C o . A R IZ O N A — 31; N a tio n a l b a n ts D e c . S u r p lu s P r o fits . % < fc G ro s s D ep o sits . $ 13,542,520 19,432,710 39,811,119 3,495,969 % 1.000.000 752,107 1,000,000 851,751 1.500,000 3,202,925 250,000 123,051 P a r. 31. C A L I F O R N I A — (C o n c lu d e d ) B id . A sk. P er 100 100 100 100 sh are. 225 250 400 200 250 260 425 225 P er 300,000 1,356,987 14,498,014 200,000 d 550,369 9,209.061 283,642 4,213,924 300,000 sh are. 100 465 100 410 100 150 475 425 150 P er 300,000 1.000,000 500,000 d 300.000 d 100.000 d 73,209 1,913,305 514,913 6,239,481 281,953 5,588,362 77,000 2,378,000 124,952 1,011,393 31: N a t io n a l b a n k s D e c . P h o e n ix — C itize n s State Bank Com m ercial N at Bk N a t B k of A riz o n a . Phoenix N a t B a n k . P hoen ix 8 B k & T r . T a lle y B a n k ______ S ta te i n s t i t u t io n s D e c . 100 100 100 100 100 S ta te i n s t i t u t io n s D e c . sh are. 110 148 137 104 210 115 152 142 106 220 31. P er 100.000 d 7,000 465,207 13,802 150.000 d 368,133' 2 JO ,000 d 286,800 4,085,120 205,729 5,382,284 2 JO,0001 100.000 269,173 3,229,831 730,000' 326,693 11,239,241 sh are. 100 100 100 100 A R K A N S A S — N a t io n a l b a n k s D e c . 31: S ta te i n s t i t u t i o n s D e c . 31. I I f f I a P A(-j/ P er sh a re. 340,000 20,009,642 A m e r South T r C o . 1,000,000 25 C e n tra l B a n k _____ 200,000 4u,938 846,774 ____ ______ 109,846 2,532,707 100 En glan d N a t B a n k . 300,000 Bxchange N a t B an k 300.000 227,121 5,754,216 100 People’s S a r B a n k . 200,000 25 67,930 2,749,330 Bankers T r u s t C o . . 300,000 127,041 10,417,061 100 Bxchange T ru s t C o 100,000 85,752 1,418,478 418.699 9.830.437 "165 -7 — - .......... U n io n T r C o ______ 500,000 W B W o rth e n C o .* 200,000 358,257 3,348,433 S a n F ra n c is c o — A m e r B an k of S. F . A n g lo L o n d o n -P a rls N a tio n a l B a n k .. B a n k of C a lif , N A . B a n k of I t a l y _____ B a n c a P o p o la r e F u g a z l_________ B rit-A m e r B a n k ___ C a n to n B a n k _____ C ro c k e r N a t B a n k . D o n o h o e -K e lly B C o F ir s t N a tio n a l B an k F re n c h -A m e r B an k T h e San F ra n B a n k H u m b o ld t B a n k ___ Ita lla n -A m e r B an k L ib e r ty B a n k _____ M ission Sav B a n k . T h e M ission B a n k P a c ific N a t B a n k .. W e lls F a rgo B a n k A U n io n T r u s t C o . A n g lo -C a llf T r C o . M e rca n tile T r C o ._ F ir s t Federal T r C o U n ite d B k A T r C o S an Jose— B a n k of San J o s e .. F lrs t N a tio n a l B a n k G ro w e rs B a n k ____ S e c u rity Sav B a n k . S e c u rity State B an k S to c k to n — C i t y B a n k ________ C o m m ’l A Sav B k . F ir s t N a tio n a l B an k S to ckto n S A L B k . U n io n Safe P e p B k P er sh a re. P in e B lu f f — O otton B el t S A T C o N a t B an k of A r k . , lie r c h & P la n t B k . Peoples 8 B A T r C o tlm m on s N a t B ank 100.000 77,460 1,103,011 181,778 1 939 839 264.864 2,367,014 e75,017 766,434 403,889 5,123,724 100,0001 200,000 D ec. P re s n o — f i r s t N a t B a n k ____ L o s A n g e le s B an k of A m e r ic a .. C itiz e n s ’ N a t B ank C im m e rc la l N a t B k C o n tin e n ta l N a t _ _ F a rm e rs A M e r N a t F ir s t N a tio n a l B an k C a lifo rn ia B a n k _ _ M e rch a n ts’ N a t B k N a t C i t y B k of L A Southw est S tate B k C a lifo rn ia T r u s t C o S e c u rity T r & S B k . H e ilm a n C o m T A 8 C itiz e n s T r A 8 B k . P a cific N a tio n a l B k P aciflc-S ’ w . T A S B U 8 N a tio n a l B a n k . U n lo n B a n k & T r . . O a k la n d — C e n tra l Sav B a n k .. C e n tra l N a t B a n k . Farm ers A M er Sav F ir s t N a tio n a l B ank O a kla n d Bank . . C o m m ’l T r A S B k . H a ia d e n a — C e n tra l N a t B a n k . C itiz e n s Savings B k C o m ’l B k of P asad. F lr s t N a tlo n a lB a n k Pasadena N a t Bank S e c u rity N a t B a n k . F lr s t T r A Sav B k . s s c r a m e n to — C a lifo rn ia N a t B k . C a p ita l N a t B an k C a lifo rn ia T r A 8 B f a r m A M ecb B k _ . M e rch N a t ’l B an k N B D O M ills A C o People’s B a n k . . . S a n B e r n a r d in o A m e rica n N a t B a n k C a lifo rn ia 8tate B k San B ern N a t B k _ . San B e rn C o S av B k 160 260 225 145 265 165 265 235 150 275 31. S tate i n s t i t u t i o n s D e c . 61,609 2,523,592 ____ ______ 200,000 ____ P er s h a r e . 1.300.000 4.000. 1.000. 500.000 2,000.000 3.500.000 3.000. 1.500.000 1.000. 100.000 500.000 8.250.000 2.500.000 2,000.000 1.000,000 6.900.000 500.000 1.600.000 172,140 10,084,735 2,016,909 43.312,536 000 852,486 14,823,790 000 45,014 6,993,963 2,180,075 45,164,938 3,854,766 85,566,808 1,574,003 70,520,942 000 1,381,996 48,045,610 190,699 8,467,767 000 : 23.846 1.221.675 228,7371 613,390 6,371,260 200506 786 1,127,390 71,628,165 1.675.653 45.514.816 270,972 4,947,820 6.629.207 170430 678 146,785 3,989,204 428,592 12,209,453 100 100 100 100 100 100 100 140 307 220 310 235 129 390 400 390 378 295 2 2 2 ^ 230 140 100 332 100 100 125 100 100 188 170 P er 800.000 1,440,819 1.000,000 1,376,766 140.006 300.000 1,000,000 t>387,070 1,500.000 2,689 921 38,856 500.000 100.000 300.000 100.000 400.000 100.000 300.000 800.000 50,427 164,238 11,424 176,968 28,629 107,240 317,174 28.888,754 20,552,004 4,844,239 9,866,587 33,619 846 2,205,778 1,479,984 3,497,607 304,203 5,295,311 563,493 2,841,601 9,968,129 100 100 100 100 100 100 180 200 230 240 100,000 100,000 100,000 150,000 14,838,202 100 9,339,938 11,241,393 165 6,320,020 .100 2^293,070 9,469,927 100 7,590,815 100 15.681,351 3,838,836 8,719,637 2.428,000 2,410,173 1,863,149 1,429,556 220 sh a re. 200 210 250 100 76,892 1,661,951 117,894 1,165,814 321,050 1,935,905 290,081 3,189,531 687,691 230,237 873,398 76,500 68,499 20,506 30,456 135 1 P er 1,000,000 356,751 500.000 404,254 450.000 475,864 350.000 1396,436 <158,144 200.000 500.000 1,148,634 t381,629 800.000 S a n D ie g o — F ir s t N a tio n a l B an k 1,000,000 500.000 F irs t T r A S av B k . 200.000 S a nD lego T r & S B k . 250.000 Secur C o m m A S B . 200.000 U n io n N a t B a n k _ _ 100.000 U n ite d States N B k 125,000 U n iv e r s ity A v e B k . Southern T r A C o m m erce B a n k ____ 1,000,000 a E x -r ig h ts • Sale price, c June 30 1924 a O c t. 10 1924. 31; 25 100 25 25 100 100 100 100 100 100 100 100 225 175 300 150 150 150 180 365,099 19,127,774 100 180 t C a p ita l Is to be increased, e D e c. 2 1924 i M a rc h 31 sh a re. S u r p lu s A P r o fits . C a p ita l. G ross D ep o sits. P a r. B id . A sk. P er sh a re. 1,692,534 60,456,325 4.750.000 3,770,571 107191052 5.000. 000 8.500.000 9,085,634 83,118,864 17,500,000 7,778,695 328963 919 1.057.000 1.000. 600,000 2,000,000 650.000 3.000. 1.250.000 1.000. 1.200.000 1.500.000 1,000,000 500.000 200.000 500.000 266,469 00058,916 118,713 7,618,675 d 264,015 1,610,229 000 778.404 3,000,000 000 1,143.308 603,023 120,737 138,978 196,351 d 119,936 l 100 135 100 172 100 215 100 2 7 4 ^ 276 102 16,914,825 4,032,255 3,317,237 45,345,175 100 2,451,224 100 28,761,114 100 216 17,385,077 100 166 92,917,170 1000 25,512,041 100 200 19,814,481 160 5,794,377 8,374,331 100 2,582,880 1,801,071 9,000,000 d8,023,147 120626752 100 207 1.500.000 d l , 679,543 49,507,255 100 226 265 5.500.000 4,921,416 144433102 908,741 23,636,610 "50 1.500.000 4.500.000 d 919,690 41,551,204 100 P er 300.000 500.000 300.000 100.000 100,000 412,805 5,441,407 675,003 7,709,625 38,945 1,344,029 278,705 276,059 110 .......... 155 K sh a re. 100 100 100 100 80 400.000 d 337,896 517,670 650.000 1504,761 200.000 d 992,863 500.000 56,000 250.000 d 100 _ C A N A D A — See last page. COLORADO— N a t io n a l b a n k s D e c . C o lo r a d o S p g s .C o lo ra d o Sav B an k C o lo ra d o Spgs N B . Exch a n ge N a t B a n k F irs t N a tio n a l B ank C o lo T it le A T r C o . D e n v e r— A m e rica n N a tl B k . B ro a d w a y N a t B k . C e n tra l S B k A T r . C o lora d o N a t B an k D enver N a t B a n k. D ro v e rs N a t B a n k F irs t N a tio n a l B ank G lo b e N a t B a n k _ _ Ita lla n -A m e r B a n k . Pioneer State B an k S tock Y a rd s N a tB k U 8 N a tio n a l B a n k . G u a rd ia n T r u s t C o . H om e Sav A M e r chants’ B a n k _ _ In te rn a tio n a l T r C o L e a d v ille — A m e rica n N a t B a n k C a rb on ate N a t B k . P u e b lo — F irs t N a tio n a l B a n k W estern N a t B a n k . P ueb lo Sav A T r C o 31; S ta te i n s t i t u t i o n s D e c . 31. P er 50,000 100,000 300.000 300.000 150.000 208,692 104,410, 202,553 353,150 91,079 2,088,991 2,032,030 5,225,529 6,592,963 1,767,159 " 599,830 10,034,810 500.000 38,942 3,017,467 200.000 148,266! 7,406,041 100 500.000 1,000,000 2,206,400 32,708,737 100 1,000,000 1 .270.407 38.036.226 100 41,017 1,470,263 200.000 1,500.000 1,791,601 39,800,883 100 61,344 1,857,028 200,000 412 542,558 . . . . 100,000 15,500 1,274,543 100,000 12,998 2,066.955 100 250.000 550.000 1,212,328 21,153,822 100 968,769 27,095 240.000 325.000 500.000 th a 't' P ee sh are, 100 100 100 100 100 190,857 4,297,241 1,417,541 15,546,825 100 542,077 1,015,935 C lo s ed 100 100 P er 100.000 100,000 25,550 29,375 500.000 1,025,366 15,222,782 100 152,172 2,037,708 100.000 100,000 d 256,299 4.183.785 ks D e c . 31 ; S ta te i n s t i t u t io n s B r id g e p o r t — C i t y N a tio n a l B a n k 1,000,0001 1,150,721 1,821,202 F ir s t N a tio n a l B a n k 1.000. 000 d 687,958 000 d B rid g e p o rt T r C o ._ 1.000. Am er Bank A T r Co 200.000 d 146,741 91,369 C o m m ’l B k A T r C o 300.000 d N o r th E n d B k A T r 100.000 d 63,779 83,982 W e st Side B a n k _ _ 100.000 d H a rtfo rd — 785,427 700.000 C ity B ank A T r Co 732,314 C o n n R iv e r B k g C o 150.000 F ir s t N a tio n a l B a n k 1,150,000 1,358,994 000 3,475,028 H a rtfo rd -A e tn a N B 2.000. 36,004 100.000 M erch an ts B k A T r 300.000 74,227 M u tu a l B k A T r C o 1,000,000 1,491,163 P h o e n ix N a t B a n k 955,933 State B a n k A T r C o 400.000 U n ite d States Secty 746,564 T r ____ _______ 1.000.000 H a rtfo rd -C o n n T r 2,000,000 2,881,251 C o .......... .............. 114,944 100.000 P a rk St T r u s t C o . 365,744 150.000 R iv e rs id e T ru s t C o 100.000 306,745 T ra v e le rs B A T r C o New H aven— 100,000 Am er Bank A T r Co 200,000 Bway Bk A T r C o . 250 128,000 C itize n s B k A T r C o 200 F irs t N a tio n a l B an k 1,000,000 310 300.000 175 M echan ics’ B a n k .. 500.000 M erch an ts N a t B k . 175 N e w H a v B k N B A 1,200,000 500.000 N a tT ra d e s m B k A T r 200 750.000 Second N a t B a n k . 650.000 U n A N H av T r Co 200 a E x -d iv id e n d h In c lu d es T r u s t Fu n d s 1924. b Reserves. D ec. sh avi 31. P er sh a re 9,607,595 15,677,124 10,348,979 5,312,110 1,126,537 895,734 1,979,388 100 202 100 265 100 170 100 175 125 100 125 100 140 17,769,734 4,531,044 9,243,053 18,429,080 477,897 2,459,870 15,852,910 8,283,420 100 30 100 100 100 100 100 100 • 270 180 180 135 142 P er sh a re. 390 200 230 300 288 450 10,308,918 120 300 100 435 19,093,465 2,346,455 2,634,928 4,530,579 240 315 100 435 100 275 100 425 100 P er sh a re. 126,852 2,489,570 100 165 114,000 2,713,781 100 125 r9,931 555,435 100 1,374,274 15,019,912 100 200 1,000,000 15,551,750 60 195 50 77 500,459 8,154,835 2,081,918 7,255,706 100 210 657,554 3,440,834 100 175 1,215,254 9,229,070 100 200 1,100,871 10,311,198 100 295 c In c lu d es F irs t F e d . T r . C o . 130 105 79 178 — sto ck . [V ol. 120, BANKS AND TRUST COMPANIES 56 ILLINOIS — CONNECTICUT— (Concluded) C a p it a l . Norwich— M erch an ts’ N a t B k Tham es N a t B a n k U ncasN at B an k_ _ Bankers T r u s t C o . . W a te rb u ry — C itiz e n s ’ & M a n u fa ctu rers’ N a t B k W a te rb u ry N a t B k C o lo n ia l T r u s t C o . M erchants T r C o . . W a te rb u ry T r C o . . $ 100,000 1,000,000 100,000 100.000 S u r p lu s dk P r o fits . G ro ss D ep o sits. $ B id . P er 100 100 100 125 100 too 125 125 P er 600,000 302,181 6,361.204 501,494 3,664,177 500,000 500,000 1,280,000 8,230,879 413,353 5,477,711 400,000 197,944 3,778,400 300,000 31; S ta te i n s t i t u t io n s D e c . S u r p lu s P a r. $ 534,634 86,117 732,832 2,629,970 58,772 723,375 33,208 889,225 N a t io n a l b a n k * D e c . 100 50 100 100 100 175 78 390 250 160 C a p it a l . A sk. sh are 110 145 105 135 sh are A u ro ra — A u ro ra N a t B a n k _ . F ir s t N a tio n a l B an k A m e rica n N a t B an k M e rch an ts N a t B k . O ld Second N a t B k A u ro ra T r & S a y B k $ 100,000 100,000 100,000 300.000 200.000 200,000 Sk P rofits C ross D ep o sits . P a r. 31. B id . 297,509 183,369 321,171 266,389 297,307 218,440 2,410,034 3,638,118 2,498,767 2,618,239 2,322,948 2,099,895 100 100 100 100 100 100 435 335 375 200 450 350 400 200 215 225 P er C h ic a g o — A e tn a State B a n k . . 200,000 137,727 3,746,453 100 180 A lb a n y P a rk N a t B k 200,000 81,422 2,895,177 100 165 — A llia n c e N a t B a n k . 200,000 84,646 3,470,510 100 150 A tla s E x c h N a t B k . 200,000 60,447 2,370,577 100 120 A u s tin State B a n k . 300.000 267,170 6,022,200 100 140 B o u le va rd B dge B k 400.000 DELAWARE — N a t i o n a l b a n k s D e c . 31; S ta te i n s t i t u t io n s D e c . 31. 150,850 8,740,129 100 170 B o w m a n v llle N a t’l P er sh a re. W ilm in g t o n — of C h ic a g o ______ 200.000 49,329 3,779,906 100 150 130 C e n tra l N a t B a n k . 210,000 207,5531 2,177,137 100 126 103 B ro a d w a y N a t B k . 200,000 41,505 125 Fa rm ers’ B a n k ____ 50 120 500,000 e l ,061,137 13,678,242 C a lu m e t N a t B ank 300.000 162,150 8,358,922 lo o 235 62 60 50 In d u s tria l T r u s t C o 1,250,000 e252,393 1,825,573 C a p ita l S ta te S a vB k 3,903,548| 100 179 300.000 76,700 205 188,047) 1,528,715 100 197 N a t B k of D elaw are 110,000 C e n tra l M fg D is B k 500.000 633,67l) 8,412,199; 100 370 120 25 99 U n io n N a t B a n k _ _ 203,175 820,881) 3,748,526 C itize n s State B k ._ 500.000 341,315 , 100 275 130 322,927) 6,969,525 100 115 D elaw are T r u s t C o 900,000 C o n t & C o m m N B 25,000,000 20,714,734 418300 446, 100 324 260 845,354 5,351,206 100 245 E q u ita b le T r u s t C o 1,000,000 C o sm op olita n St B k 750.000 392,056 10,399,184 100 180 283 939,066 6,424,811 100 273 S e cu rity T & S D C o 600,000 D epositors State B k 350.000 253,687, 5,453,939 100 195 120 W ilm in g to n T r C o . 2,000.000 1,444,485 17,620,192 50 115 D iv is io n State B an k 200.000 120,761! 2,170,950, 100 D ouglass N a t B k ._ 200,000 22,991 i 978,319 100 105 350.000 D re xe l State B a n k . 352,642 8,618,239 100 230 DIST. OP COLUMBIA— N a t . b a n k s D e c . 31; o th er i n s t s . D e c . 31. D ro v e rs N a t B a n k . 1.000,000 479,062 20,598,645 100 199 P er sh a re. W a s h in g t o n — F ir s t E n g le w o o d C itize n s S a y B a n k . State B ank 80,504 1,138,716 200.000 200,000 92,909^ 3,472,336, 100 160 C o lu m b ia N a t B an k F ir s t N a tio n a l B a n k 12,500,000 17,678,995 256052 527 100 475 250.000 e379,320 3,391,070 100 295 160 200,000 C om m ercial N a t B k 1,000,000 F ir s t N a t E n g le w ’d 437,733 14,052,818 100 155 644,210 7,278,751) 100 390 B an k of C o m & S ay 115,537 1,432,955 10 205 000 Forem an N a t B a n k . 4.000. 100.000 4,509,588 64,678,330, 100 409 F u lle rto n State B k . 525,269 200,000 103,850 e46,388 D e pa rtm en tal B an k 108,402 2,911,606 100 170 210 G a rfie ld P k St S B k 486,642 7,512,244 100 182 300.000 D is tric t N a t B a n k . 550,000 80,293 5,513,0871 100 195 100 225 F a rm A M ech N a t . H a lste d St State B k 398,447 3,409,466 ICO 239 252.000 200.000 202,179 Federal A m e ric a n H il l State B a n k ___ 200,000 71,2541 2,132,162) 100 200,000 N a t B a n k . _ _ 1.200,000 H u m b o ld t State B k 875,866 11,589,079 100 215 225 <58,233 3,392,440, 100 170 112,620 4,565,418 100 300.000 F ra n k lin N a t B an k H yd e P k State B k . 225.000 319,423 4,861,910 100 220 175 168 Inde pe nd’e State B k 200.000 L ib e rty N a t B a n k . _ 500.000 el73,S57 3,002,664 45,982 4,619,3211) 100 200 400 5,889,000 lo o 363 200,000 Ir v in g P a rk N a t B k Lin coln N a t B a n k . 160,530 4,399,792 100 260 300,000 e613,439 180 134 150 250.000 M erch B k & T r C o 1,000.000 e406,404 7,012,371 — Jefferson P a rk N a t . 100,988 3,506,650, K aspar A m e r S t B k 1.600,000 M t V e rn o n Savs B k e95,309 2,947,442 160,000 495,391 17,547,581)| 100 200 230 K e n w ’d N a t’l B k__ 300.000 N a t B a n k of W ash 1.050,000 *989,286 9,188,848 100 220 321,518 5,515,908 10 0 250 N a t C a p ita l B an k Lake V ie w State B k 300.000 200,000 e303,813 1,424,545 100 215 148,995! 7,285,337; 10 0 165 250.000 N a t M e tro p B a n k . L aw n d a le N a t B an k 800.000 1,046,739 16,672.385 100 290 155,728! 5,976,760 in n 340,545 500.000 L aw nda le State B k d4,781 Peo C o m m Sc S a v . 175,254) 4,691,037, 100 Jt360 100,000 327 L in c o ln State B an k R iggs N a t B a n k ___ 2,500,000 1,786,640 32,984,117 Too 321 400.000 66,592) 3,189,771’ 10 0 135 200.000 Log a n S q St Sc Sa B k 362,923 5,355,851 too 180 Second N a t B a n k .. 60,302! 2,541,270 10 0 500,000 el84,465 4,391,533 100 285 335 000 M a d Sc K e d S ta te B k 1.000. 421,850 10,602,546 10 0 192 200,000 128 200 M a d Sq State B k 300.000 32,026 552,915 52,401! 2,096,113 100,000 320 400.000 M a rk e t T r a d St B k 3,400,000 3,001,600 28,134,300 100 312 110,240 3,018,280 1 0 0 1 1 0 C o n tin e n ta l T r C o M o tro p State B k 88 200.000 117,160 2,646,002 10 0 135 1,000,000 e l4 2 ,460 3,123,017 100 85 N a t B k of R e p u b lic 4.000. 000 N a t 8 a r Sc T r C o . . 1,000,000 2,307,902 10,520,143 100 422 1,499,243 80,339,703 10 0 188 N a t B k of W o o d l’n 699,404 5,319,149 300.000 M u n s e y 'T ru s t C o ._ 2.000,000 78,372 3,134,878 10 0 150 182 N a tio n a l C i t y B an k 2.000. 000 825,609 6,729,834 100 179 U n io n T r u s t C o _ _ 2,000,000 e l, 658,306 38,188,191 10 0 173 N a t B k of C o m ’ce 320 600.000 U n ite d States 8 B k . 100,000 e l9 1 ,647 2,113,812 282,678) 7,136,467 10 0 161 424 N o rth A v e State B k 200,000 1,000,000 e l, 921,285 11,618,811 100 391 151,308) 8,178,607 10 0 180 N o e l State B a n k _ _ 1,000,000 267,675: 8,649,747 1 0 0 2 0 0 92 Ogden N a tio n a l B k 200,000 50,854 1,308,813 1 0 0 People’s S to ck Y ’ds F L O R I D A — N a t . b a n k s D e c . 31; S ta te i n s t i t u t io n s O ct. 10. State B a n k _____ 1,000,000 425,510 16,075,131 1 0 0 265 P er s h a r e . 200,000 P h illip State B & T J a c k s o n v ille — 138,594 3,312,185 10 0 160 500.000 632,911 30,548,558 100 160 200 Pioneer T r & S a v B k A tla n tic N a t B a n k . 1,400,000 292,164 7,854,191 10 0 223 821,766 18,136,876 100 500.000 Reliance State B a n k B arn ett N B of Ja c k 750.000 168,102 8,627,162 10 0 235 97,601i 1,408,141 200.000 R oseland State S B 50,000 C itize n s B a n k _____ 166,240 4,349,176 10 0 235 400.000 578,073 18,739,853 100 Sch lff T r Sc Sav B k 500.000 F lo rid a N a t B a n k . . 101,588 5,613,250 10 0 275 36,307 j 1,936,074 2d N W State B k . 200.000 People’s B a n k _____ 100.000 81,211 2,335,851 10 0 160 Second S e c u rity Bk 350.000 Tam pa— 237,205 5,440,015 1 0 0 750.000 S e c u rity B an k C itize n s B k Sc T r_ _ 1,000,000 a861,666,15,326,788 100 483,919 7,882,141 1 0 0 335 45,979 1,423,059 So C h ica go Sav B k . 600.000 B ank of Com m erce 200,000 494,500 7,586,124 1 0 0 258 484,638 9,026,473 166 750.000 500.000 S o uth Side T r & Sav Exchange N a t B an k 305,239)10,410,858 1 0 0 2 1 0 483,063 11,832,494 100 ............. 1160 200.000 F irs t N atlon al B an k 1,000.000 Southwest State B k 116,396) 3,101,342 10 0 143 75,0001 1,303,743 State B k of C h ica go 2.500.000 6,384,952 52,780,428 10 0 565 F irs t S a y & T r C o 500.000 S to ck Y a rd s N a t B k 1.350.000 N a t C ity B k T a m p a 624,606 19,676,338 10 0 285 500.000 el92,844 2,136,474 S tk Y d s T r & Sav Bk 337.500 216,938 9,870,985 10 0 Tra n sp o rta tio n B k . 250.000 28,283 1,978,786 1 on Q B O R G I A — N a t i o n a l b a n k s D e c . 31; S ta te i n s t i t u t io n s D e c . 31. 200.000 26th S t State B a n k 45,833 1,776,249 1 6 6 P er sh a re. A tla n ta — 500.000 U n io n B a n k of C h ic 388,576 8,867,998 10 0 2 1 0 350,000 100 100 A m erican S a v B a n k 200,000 e58,000 200.000 U n ite d State B an k 150,283 2,905,079 10 0 2 1 0 275 300.000 U n State B k of C h ic A t l & L o w ry N a t B k 4,000,000 3,510,892 48,115,984 100 272 97,341 2,5/3,199 100 140 245 250 600.000 W a s h in g to n P k N B k 267,093 10,474,300 100 250 C itize n s & Sou B k . 3,000,000 2,693,775 55,343,331 t 330 W est E n g le w o o d — F o u rth N at B a n k . . 1,200,000 2,336,327 32,107,257 100 325 500.000 135 F u lto n N a t B a n k .. 750,000 e337,944 8,422,521 100 130 291,364, 5,342,210 100 275 T r u s t Sc Sav B k . 200 300.000 W e st T o w n S ta te B k G a S av B k & T r C o 500,000 t>356,299 2,549,094 100 185 163,440 5,040,281 100 250 143 C e n tra l T r C o of 11 6.000,000 4,028,570 97,692,037 100 232 1 A tla n ta T r u s t C o . . 1,500,000 e567,442 3,971,766 100 140 282 500.000 e l, 303,463 8,766,624 100 385 C h ic C lt y B k & T r C o T ru s t C o of G e orgia 2,000,000 1,501,449 4,357,911 100 280 1.500.000 1,031,323 25,227,756 100 174 C h ic a go T r u s t C o P er s h a r e . 200.000 C itize n s T r & Sa B k 54,673| 2,559,839 100 A u g u s ta — i onn non 30Q Q50 8T25Qt56n 100 000 11,013,914 94,022,727 100 C o n t & C o m T & S B 5.000. 260 250.000 D ro v e rs T r & S a v B k 3 )0 0 0 )0 0 0 2,693,775 5 5 )3 4 3 ) 3 3 1 485,153: 7,984,299 100 325 C itize n s & Sou B k t 200.000 231,169 3,239,492 100 105 103,777) 1,309,533 100 400,000 E a s t Side T r & S B k N a t Exch a n ge B a n k 250.000 140 155 71,593 2,774,108 100 128 e87,300 1,575,331 100 E q u ita b le T r u s t C o U n io n S av B a n k _ _ 100.000 400.000 85,9131 4,i75,265 100 125 F id e lity T r & S B k . P er s h a r e . F ir s t T r & Sav B k . 6.250.000 10,229,948 117864 080 100 115 C o lu m b u s — 160 651,422:10,752,264 100 000 Fo re m a n T r & S B k 1.000. 250,000 e216,175 2,677,615 100 150 C o l Sav B k & T r C o 300.000 503,435j 5,100,119 100 200 300,000 el41,701 1,222,081 100 130 13 2 Vi F ra n k lin T r & S B k F o u rth N a t B an k . e62,500 1,434,192 100 145 Greenebaum Sons’ 150 H om e Savings B an k 100,000 425 B an k & T r u s t C o 1.500.000 1,330.758 24,346,498 200,000 e275,000 1,700,000 100 195 230 M e rch & M e ch B k . 235 284,059 2^896,954 300.000 150 246,033 1,319,214 100 145 G u arantee T r & Sav 200,000 F irs t N a t B k o f C o l. 375 4,739,4/4 62,560,148 000 155 H a rris T r & Sav B k 3.000. 527,328 2,433,040 100 150 T h lrd N a tlo n a lB a n k 500.000 260 000 H om e B k & T r C o . 1.000. 545,635 8,988,362 485 P er sh a re. Illin o is M e r c h T r C o 15,000,000 35,095,667 389754983 M acon— 130 100 200,000 55,837 1,651,567 K eyston e T r & Sav 200,000 el01,161 1,268,299 100 99 B ib b N a tio n a l B a n k 175 200.000 K im b e ll T r & S B . . 245 250 118,613 3,420,925 C itize n s & Sou B k . 3,000,000 2,693,775 55,343,331 t 220 200 226,485 5,706,230 500.000 L a k e Shore T r & S B 654,175 10,965,395 100 200 F o u rth N a t B a n k . 500,000 325 12,081,512 753,521 500.000 L a k e v ie w T & S B k 1200 150,000 el94,766 2,404,752 100 M acon N a t B a n k .. 200 500.000 191,912 9,499,120 L ib e r ty T r & S B k . 185 P er sh are 200.000 161,711 3,536,024 L in c o ln T r & Sav B Savannah— ____ 200 400.000 225,443 9,488,350 M e rca n tile T r& S a v 3,000,000 2,693,775 55,343,331 100 245 C itiz e n s ’ & Sou B k 224 286,123 13,660,540 250 000 el44,000 1,916,000 100 125 750.000 M id - C it y T r & S B k 380 200 N o rth e rn T r C o _ _ 2,000,000 5,306,142 57,097,700 536,867 3,580,465 100 175 300)000 L ib e r t y B k & T r C o 305 820,312! 18,829,505 772,229 4,795,390 100 N o r th w ’n T r & S B k 1,000,000 190 700,000 S a v a n n a h B k & T rC o | 240 711,185 19,089,804 130 People’s T r & S a v B k 1,000,000 95,931 1,001,277 100 125 300,000 C itiz e n s ’ T r u s t C o . 208 426,561| 8,115,029 500.000 P u llm a n T r & S a v B k 325 331,043) 9,470,791 500.000 Sheridan T r Sav B k 190 198,771 4,604,373 200.000 Sou W est T r & S a v . 170 940,504 14,671,863 S ta nd’d T r & S a v B k 1.000,000 I D A H O — N a t i o n a l b a n k s D e c . 31. 175 176,342 2,694,980 200,000 Stockm en’s T r& S B k 415 U n io n T r u s t C o ___ 2,000.000 3,73 j.,253 64,751,711 1 245 262,855 14,013,791 700,0001 W Side T r & S a v B k) Boise C i t y — 255 289,380 8,946,748 W o o d la w n T r & 8 B k ) 500.000 234,290 4.378.50? lO f 250 00C 300 000 318)472 6.541.4781 100 113,300 2,934,751 1 100 P a c ific N a t B a n k .. §661666 o D e c. 31 1924. b C a p ita l to be Increased, * E x . d lv . S e pt. 14 1923. t D e c. 31 1923. * C o n s o lid a tio n . A sb. N orn i n a l . sh are 190 125 150 10 6 ___ 390 328 200 205 135 240 203 480 415 205 200 255 220 370 140 196 132 12 0 140 196 177 167 210 10 0 240 300 300 340 264 220 .......... 295 455 ..... 150 260 1 285 1 236 390 |........... i j ........... 135 i 135 1125 i 440 ,245 1 ... 270 495 1140 — 230 — 225 ,200 1 _____ 230 385 J 217 |_____ 200 175 190 255 265 e M a r . 31 1924. d D e c. 31 1924. « O c t. 10 1924. a C a p ita l pa id In a u th o rized a m ou n t la la rger * Ju n e 30 1924. t In clu des tru s t deDoaita. t B ra n ch of S a va n n a h . k N e w sto ck . J L a s t sa le . Feb., 1925.] I O W A — ( C o n c lu d e d ) I L L I N O I S — ( C o n c lu d e d ). C a p it a l . E lg in — E lg in N a t B a n k ___ F irs t N a tio n a l B an k H om e N a t B a n k ___ U n io n N a t B a n k ___ E lg in C i t y B ’k ’g C o H om e T r A S a v B k P e o r ia — C e n tra l N a t B a n k . C o m m e rcia l N a t B k D im e S av A T r C o . F irs t N a tio n a l B an k H om e Sav A S ta te . S tate T r A S av B k . M e rch an ts A 1 1 N B 1 F ir s t T r A S av B k . 57 BANKS AND TRUST COMPANIES * 100,000 200,000 150,000 100,000 150,000 100,000 S u r p lu s dk P r o fits . $ £75,013 1R4,2£2 284,01 9 £80,000 259,626 172,399 O ro s s D ep o sits . P a r. B id . P er $ 2 0fi2 122 2 282 620 i i no onn 2 ’437 501 1,748,120 100 100 100 100 100 100 100 100 325 330 375 350 185 130 275 sh a re. 10C 100 100 100 100 100 300,000 663,526 5,604,289 750.00C 1,612,922 7,762,573 250,00C £258,001 2,993.679 550,000 1,017,818 7,046,431 250,000 173,423 3,358,340 400,000 178,284 1,743,862 500,000 723,306 6,632,520 200,000 453,324 3,274,888 Q u in c y — Illin o is S tate B a n k . Q u in c y -R N B A T r S tate St B k A T r C o M e rca n tile T r A S B S tate S av L A T r C o 300,000 500,000 500,000 200,000 1.000,000 159,647 140,423 84,374 £135,000 652,900 3,204,694 4,887,752 3,789,784 2,380,460 7,900,054 100 100 100 100 100 165 130 130 167 190 R o c k fo rd — C o m m e rcia l N a t B k Forest C i t y N a t B k M a n u f’rs N a t B an k Peoples B k A T r C o R o c k fo rd N a t B an k S e c u rity N a t B a n k . S w e d ish -A m N a t B k T h lr d N a tio n a lB a n k 200,000 300,000 400,000 250.000 750.000 200,000 125,000 500,000 67,994 292,112 507,426 213,123 829,469 70,705 237,603 358,939 807,009 3,214,485 3,637,808 2,838,891 8 153,512 lim is h 2,911,355 4,072,352 10 c 100 100 100 100 100 100 100 500,000 300,000 600,000 500,000 500.000 212,348 129,318 287,601 509,738 317,539 5,756,988 4 ’347i928 7,314,749 6,784,595 5,110,871 350 335 400 360 195 132}£ 285 _____1 _____ J .......... i _____1 S p r in g f ie ld — F irs t N a tio n a l B a n k Illin o is N a t B a n k .. R ld g e ly -F a r m ’s S B S p’g fleld M a rin e B k F ir s t S tate T r A Sav 100 100 100 100 100 P er sh are I N D I A N A — N a t i o n a l b a n k s D e c . 31; S ta te i n s t i t u t i o n s E v a n s v ille — C itiz e n s ’ N a t B ank 500,000 363,556 9,237,664 Lam asco B a n k 100,000 56,503 1,353,968 N a tio n a l C it y B an k 500.000 208,646 7,551,013 M e rca n tlle C o m ’lB k 200,000 50,367 2,028,310 N o rth Side B a n k .. 100,000 48,031 1,292,293 O ld N a t B a n k _____ 500,000 185,103 7,675,585 W est Side B a n k .. 250,000 184,889 4,260,948 A m T r A S av B ank 250,000 173,564 2,880,044 C itiz e n s T r A S B k . 100.000 70,013 1,109,927 Farm ers T r u s t C o . 100,000 5,569 382,378 P o rt W a yne— F irst N a t B k ______ 1 000,000 534,965 12,661,871 L in c o ln N a t B a n k . 300,000 £447,213 6,170,503 O ld N a tio n a l B a n k . 500,000 578,804 8,048,337 C itiz e n s ’ T r u s t C o . 300,000 *204,300 4,343,000 D im e Savs A T r C o 225,000 *24,178 1,536,516 Farm ers T ru s t C o . 200,000 *57,000 1,500,000 L in c o ln T ru s t C o . . 500,000 217,494 4,497,824 People’s T r A S a v C o 200,000 *325,551 3,029,796 T r i-S ta te L A T r C o 500,000 *653,654 12,567,769 In d ia n a p o lis — C o n tin e n ta l N a t B k 400,000 157,141 4,550,622 F le tc h e r-A m N at B k 3,000,000 609,383 32,237,670 In d ia n a N a t B a n k . 2.000,000 2,574,926 30,707,472 L iv e s to c k B k _____ 200,000 90,392 1,313,820 M erch an ts’ N a t B k 1.250.000 1,737,331 11,939,419 M e y e r-K is e r B a n k . 200,000 467,122 4,945,445 N a tio n a l C i t y B an k 1.000,000 79,552 4,399,422 People’s State B an k 100,000 122,008 2,556,123 A e tn a T r A Sav C o . 250,000 36,497 2,370,133 B ankers T r u s t C o . . 250,000 112,297 3,303,638 C i t y T r u s t C o _____ 150,000 103,788 1,902,503 Fa rm ers T r u s t C o . 300,000 215,695 1,640,694 F id e lit y T r u s t C o . . 100,000 100,000 1,917,588 F le tch e r S av A T r . 1,500,000 740,805 18,630,746 In d ia n a T r u s t C o . . 1,000,000 1,180,113 9,120,977 State S av A T r C o . 750,000 168,754 2,028,751 S e cu rity T r u s t C o . 200,000 209,180 4,035,759 U n io n T r u s t C o ___ 600,000 1,532,651 30,185,800 W ash B a n k A T r C o 100,000 60,020 2,032,450 W ild A C o S tate B k 100,000 96,534 5,964,005 T e r r e H a u te — F irs t N a tio n a l B an k 700,000 436,920 3,410,079 M cK ee n N a t B ank 500,000 552,108 3,033,412 T e rre H a u te N a t B k 300.000 310,607 2,349,683 C itize n s T r . C o . . . 400,000 *150,572 2,191,000 T e rre H a u te T r u s t . 500,000 809,157 7,351,178 500.000 U n ite d States T r C o 318,025 4,349,076 D ec 175 13714 150 175 200 115 225 200 200 l 275 _____ l 135 _____ l 250 _____i 175 P er Des M o in e s— B ankers T r u s t Co__ C a p C i t y State B k . C e n tra l State B an k C o m m e rcia l Sav B k Des M oines N a t B k Des M o ine s S B A T H om e Savin gs B a n k Io w a T r A Sav B k Io w a N a tlo n a l B a n k M echanics’ Sav B k People’s Sav B a n k . U n ite d State B a n k . U n iv e rs ity State B k V a lle y N a t B a n k .. V a lle y Sav B a n k .. C e n tra l T r u s t Co__ Io w a L o a n A T r C o Oubuque— C o nsol N a t B a n k .. F ir s t N a tio n a l B an k Pioneer T r A S a v B k U n io n T r A Sav B k Io w a T r A Sav B k . S io u x C i t y — F ir s t N a tio n a l B an k L iv e S to ck N a t B k . T o y N at B a n k .... S io u x N a t B a n k ___ S e c u rity N a t B a n k . W o o d b u ry C o S B k F a rm e rs’ L A T r C o F ir s t T r u s t A; S B k . S u r p lu s & P r o fits . 1,000,000 150.000 250.000 200.000 1.000,000 400.000 100.000 100,000 1.600,000 100,000 100.000 200,000 50,000 500.000 150.000 500.000 500.000 $ 338 845 106, 571 301 203 *79, 356 1,442, 198 r l ,165, 145 75, 098 28, 026 rl,16 5, 145 *38, 423 304, 706 u63, 560 *34, 844 205, 716 165, 366 *260, 000 518, 815 $ ,885,917 ,215,281 ,390,228 ,541,434 ,866,331 ,940,035 ,958,043 ,917,156 ,940,035 ,589,577 ,763,043 ,537,664 441,026 ,927,386 ,723,149 ,000,000 ,037,194 100 500.000 200.000 150.000 150.000 300.000 100,000 281,232 *100,208 271,137 216,000 5,436,103 4,713,682 1,156,910 3,434,968 2,612,277 100 100 100 100 100 1,000,000 200,000 200.000 400.000 250.000 100.000 150.000 100.000 138,618 104,579 75,107 109,124 483,437 152,985 *120,388 25,252 10,592,611 4,518,006 4,221,703 4,708,419 5,284,865 3,128,553 2,951,282 1,166,265 sh are 100 200 220 100 100 100 100 100 100 100 100 190 105 125 190 170 170 200 80 200 110 130 200 185 185 220 85 100 100 100 100 100 100 100 100 100 210 270 290 190 120 135 165 300 300 215 280 300 195 125 140 175 310 310 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 106 145 252 170 300 150 258 P er sh a re. t ____ 110 115 225 226 96 360 t ____ N e m in a l 180 205 210 135 250 150 I O W A — N a t io n a l b a n k s D e c . 31; S ta te i n s t i t u t io n s D e c . 31. B u r lin g t o n — ter Am er S Bk A T r Co 300,000 *650,000 4,500,000 10 0 300 B u rlin g to n Sav B k . 1 0 0 ,0 0 0 <1132,345 2,167,195 10 0 2 0 0 F irs t Iow a State T r S av B k . ______ 600,000 568,813 9,055,293 10 0 2 0 0 M erch an ts’ N a t B k 1 0 0 ,0 0 0 105,255 2,206,766 10 0 2 0 0 C e d a r R a p id s — C e d R ap id s N a t B k 500,000 £468,304 10,780,119 10 0 235 C ed R a p S B k A T r C o 2 0 0 ,0 0 0 169,447 3,651,194 10 0 190 Io w a State Sav B k . 2 0 0 ,0 0 0 *97,1 8 8 2,917,042 10 0 180 M e rch a n ts’ N a t B k 500,000 £621,85/ 12,824,800 10 0 300 People’s S av B a n k . 1 0 0 ,0 0 0 *60,666 1,849,211 10 0 125 S e c u rity S av B a n k . 2 0 0 ,0 0 0 *185,466 2,994,306 10 0 225 A m e r T r A S av B k . 2 0 0 ,0 0 0 158,414 3,555,471 10 0 267 C o u n c il B lu f f s P er C i t y N a tio n a l B a n k 1 2 0 ,0 0 0 87,674 2,341,713 10 0 C o m m e rcia l N a t B k 1 0 0 ,0 0 0 6,081 798,279 10 0 C o u n B lu ff S av B k . 150,000 203,790 3,831,906 10 0 F irs t N a tio n a l B a n k 2 0 0 ,0 0 0 202,239 3,895,307 S tate S a vin gs B a n k 50,000 153,691 3,322,436 10 0 D a v e n p o r t— P er A m e r C o m S av B k 1 , 0 0 0 ,0 0 0 1,182,302 21,349,775 10 0 F irs t N a tio n a l B a n k 2 0 0 ,0 0 0 £306,435 4,590,285 10 0 55,144 1,160,210 10 0 H om e S a v B a n k . . 50,000 Io w a N a tio n a lB a n k 150,000 268,370 4,874,251 10 0 S e c u rity S av B a n k . 150,000 *135,000 1,280,000 10 0 S cott C o S a v B a n k . 500,000 £*199,558 6,498,297 10 0 A m e rica n T r u s t C o 1 0 0 ,0 0 0 ' 1 1 2 ,2 0 0 368,503 U n io n D a v T A S . 800,000 868,875 11,599,453 10 0 C itiz e n s ’ T r A S B k 1 0 0 ,0 0 0 86,920 1,545,240 10 0 P a r. B id . A iM . N o m in a l p r ien 100 100 100 100 100 100 100 100 100 100 100 C lo s ed. C lo s ed. 100 100 100 ____ l 250 ____ l 200 175 P er 100 195 100 250 100 100 100 100 100 100 sh a re. 150 260 175 225 200 sh a re. 195 250 sh are. 31. 195 106 125 104 210 154 218 216 89 190 338 150 O ro s s D ep o sits. P er K A N S A S — N a tio n a l banks P er 100 100 100 100 100 100 C a p ita l. A sk. p rices 20 0 210 150 280 16C a/itire. 315 210 210 210 250 20 0 20 0 350 150 250 275 sh a re. sh a re. K ansas C it y — C o m m e rcia l N a t B k E xch a n g e State B k . C o m m e r’l State B k People’s N a t B an k R iv e rv ie w State B k Topeka— B a n k of T o p e k a ___ C e n tra l N a t B a n k . Fa rm e rs’ N a t B ank F id e l Sav State B k . K a w V a lle y N a t B k M e rch a n ts’ N a t B k Shawnee State B k State Savings Bank T o p e k a State B a n k C e n tra l T r u s t C o . . P ru d e n tia l T r u s tC o W ic h it a C e n tra l State B k . . F irs t N a tio n a l B an k F ir s t T r u s t C o ____ F o u rth N a t B a n k .. M e rch Res State B k State Reserve B an k Southwest N a t B k . U n io n N a t B a n k ___ U n io n S tk Y d s N a t W ic h ita State B k . . K EN TUCKY— 31; L in c o ln B a n k A T r . L o u is v N a t B an k . N a t B k o f K e n tu c k y Stock Y a rd s B a n k F id e lit y A C o lu m T r L o u is v ille T r u s t C o U n ite d States T r C o N e w p o r t— A m e rica n N a t B an k N e w p o rt N a t B a n k 26. P er 10,018,584 100 190 2,651,895 100 200 1,399.740 100 3,065,142 100 165 2,181,326 100 210 333,281 1:82,696 83,745 78,428 1:149,640 400.000 500.000 100.000 200,000 100,000 200,000 60,000 100.000 50,000 400.000 100.000 286,554 127,890 20,127 nl0,664 27,606 146,436 1:28,000 n49,000 56,809 160,996 219,964 100,000 1,000,000 100,000 1,000,000 200,000 500.000 200.000 200,000 100,000 100,000 nl2,755 1,050,000 1117,000 309,588 132,000 1102,654 44,039 27,410 8,306 n37,623 818,288 21.667,951 '166 1,100,000 100 14,541,397 100 1,300,000 100 4,031,007 1,870,376 100 1,196,370 100 696,093 100 2,104,637 sh a re 215 7,657,340 100 7,061,087 100 1,187,303 100 1.515.968 660,391 4,152,644 100 903,000 100 2.123.968 100 1,848,463 2,089,836 919,012 100 31: 100 275 200,000 500,000 350,000 100,000 100,000 165 100 100 225 S ta te i n s t i t u t i o n s D e c . 31. 258,479 2,316,552 427,097 5,148,003 169,000 4.180,488 137,108 1,425,155 *130,882 1,517,486 100 190 100 175 100 126 100 175 100 115 *272,357 £329,186 s450,000 <*60,000 £545,000 £230,827 <*62,919 3161,570 100 100 100 100 100 100 100 100 2,780,608 2,283,145 2,749,128 2,600,000 3,500,000 1,139,391 1,732,801 2,123,414 125 300 200 125 110 110 P er 300,000 300,000 800,000 300,000 1,000,000 150,000 100,000 500,000 175 140 P er 161^ 190 190 134 147}* 210 265 325 shan 250 200 130 180 120 sh are. ____ 193 193 150 215 275 P er sh a re. 1,000,000 1,914,401 500,000 600,908 500,000 *997,155 200,000 3322,119 477,592 f/250,0001 lolOO.OOO/ 203,623 750,000 290,878 500.000 2,500,000 4,677,151 100,000 <*76,573 250,000 27,679 2,000,000 1,095,055 806,100 <1320,109 350,000 <*175,351 25,880,613 100 11,093,547 100 16,529,966 100 2,166,951 100 4,237,536 rio o \100 6,420,636 100 7,899,897 100 44,571,368 100 893,694 100 494,086 4,445,270 io o 4,501,575 100 1,519,615 100 340 410 460 250 500 260 90 140 185 340 180 205 205 135 350 190 210 P er sh a re. 100,000 100.000 £183.283 280,000 N a tio n a l ba n k s D e c . N e w O r le a n s — A m e rica n B a ’k A T r C a n a l-C o m m e rc ia l T r u s t & Sav B k . In t-S ta te T r & B C o N ew O rl B k A T rC o M a rin e B k & T r C o W h itn e y -C e n t N B H ib e rn ia B k A T r C o W h itn e y -C e n t T r A Savings B a n k ___ S h r e v e p o r t— A m e rica n B k A T C o A m e rica n N a t B a n k C i t y Sav B k A T r C o C o m m e rcia l N a t B k E xch a n g e N a t B a n k F irs t N a tio n a l B an k C o n tin ’l B A T r C o S ta te i n s t i t u t i o n s D e c . 300.000 200.000 100,000 200.00(1 100,000 N a tio n a l b a n k s D e c . C o v in g t o n — C itiz e n s ’ N a t B an k F irs t N a tio n a l B an k L ib e r ty N a t B a n k . C o v in g to n S B A T r People’s S B k A T r . L e x in g t o n — B a n k of Com m erce F a ye tte N a t B a n k . F ir s t A C it v N a t B k G u a ra n ty B k A T r . P h o e n ix N a t B k A T r Second N a t B a n k . U n io n B k A T r C o S e c u rity T r C o _ _ L o u is v ille — C itiz e n s ’ U n io n N B F ir s t N a tio n a l B ank L ib e r ty In s B a n k .. S e cu rity B a n k ____ L O U IS IA N A — D ec. 31: 1,417,228 2,659,910 100 220 100 200 S ta te i n s t i t u t i o n s D e c . 225 31. P er sh a re. 5,531,652 162 4,750,000 3,050,682 74,470,861 955,959 14,329,459 750,000 250,410 6 678,313 800,000 1,500,000 894,961 26,373,859 2,800.000 £2,587,933 34,359.483 2,000,000 2,661,195 57,783,818 100 236 100 *299 136 166 180 100 295 100 326 1.000,000 £1,061,779 22,206,315 295 500,000 346,706 140 335 P er sh a re. 100.000 150,000 500,000 1,000,000 200,000 1,000,000 300,000 £49,006 £59,137 437.068 487,813 12,619 £633,305 212,593 1,012.579 1,937,616 8,183,249 16.333,256 1,466,261 10,616,533 4,873,128 100 100 100 100 100 100 100 155 150 320 230 90 320 225 160 160 325 235 100 325 235 * Sale p ric e , a In clu d es one-half share of K e n t T it le S. B . & T r . com . sto ck, * E x -d iv id e n d , n A u g . 21 1924. r C o n solid a ted sta te m en t. eSept. 29 1924. y Last sale, g Preferred. 6 N e w sto ck, c U n ifie d includes C itz -U n lo n F id . A C o l. T r . t In clu d es T r . deposits. ♦'S ept. 15 1924. O c t. 10 1924. t P riv a te banks, stocks closely h e ld , m I n process of liq u id a tio n , d Ju n e 30 1924. z N o v . 12 1924. t S to ck of C itize n s T r . A S a v. B a n k held b y C itiz e n s ’ N a tio n a l B a n k . k M A IN E — [V ol. 120. BA^TKS AND TRUST COMPANIES 58 N a t io n a l b a n k a D e c . 31: S ta te i n s ti t u t io n s D e c . 3 1 , 1924 . S u r p lu s C a p ita l. Bangor— F irs t N a tio n a l B a n k M e rch an ts’ N a t B k Ea ste rn T r A B k g C o M e r r ill T r u s t C o . . _ $ 4 0 0 ,0 0 0 10 0 ,0 0 0 1 75,000 5 0 0 .0 0 0 C ross D ep o sits . & P r o fits . $ 8 4 0 7 ,5 8 4 6 ,449,871 2 6 1 ,0 4 5 2,2 3 7 ,6 9 1 93 9 ,8 9 5 7 ,5 5 9 ,3 2 9 6553,273 1 0 ,719,862 P a r. 280 M ARYLAN D— P er 6 0 0 ,0 0 0 3 0 0 ,0 0 0 6 0 0 ,0 0 0 3 0 0 .0 0 0 4 0 0 ,0 0 0 5 0 0 ,0 0 0 1 50,000 2 5 0 ,0 0 0 15 0 ,0 0 0 54 2 ,0 7 8 3 ,3 1 8 ,4 8 3 188,884 4 ,7 4 0 ,1 4 7 50 5 ,0 6 3 8,3 1 0 ,2 6 3 859,251 9 ,8 4 6 ,7 2 5 9 6 3 ,7 5 7 1 5 ,010,685 4 4 8 ,5 3 7 10,130,394 639,021 1 ,579,130 6444 ,29 3 1 ,103,310 r214 ,827 2 ,6 9 8 ,1 6 8 N a tio n a l b an ks D e c . 31; 100 100 100 100 100 100 100 100 100 122 140 125 210 220 140 80 190 155 S ta te i n s t i t u t io n s D e c . Baltim ore— Balt Comm’l Bank 750,000 35 1 ,7 2 8 9 ,6 8 2 ,4 6 6 Calvert Bank_____ 200.000 d 2 98,850 7 ,184,095 Canton N at Bank. 100,000 e io n .n n r ' 2 .5 n n .on n Citizens’ N at Bank a.OOOiOOO 6 ,4 0 0 ,6 6 5 3 0 ,2 7 0 ,0 4 7 Commonw'lth Bank 300,000 e208,621 | 6 ,8 0 6 ,6 9 2 Drov A Mechanics’ National B a n k .. 600,000 1 ,0 3 2 ,3 3 9 15,310,501 Farm A M er N B k . 650,000 41 3 ,7 4 2 , 6,7 3 7 ,8 4 8 Mercantile B a n k .. 100,000 <2373,001 I 3 ,7 6 0 ,1 1 3 Merchants N at B k . 4,000,000 2 ,6 5 7 ,1 4 2 4 7 ,5 2 3 ,3 7 8 Nat Bank of B a lt .. 1.500,000 e l , 2 65,864 1 8 ,943,650 Nat Cent Bk of Balt 400,000 53 0 ,2 7 6 , 4 ,0 2 0 ,2 8 8 Nat Marine Bank. _ 400,000 3 1 1 ,9 6 0 1 4 ,1 8 3 ,6 8 5 Nat Un Bank of M d 1,000,000 e951,732 9 ,5 7 7 ,0 7 5 Old Town N at Bk 500,000 e380,00C 3 ,5 0 0 ,0 0 0 Park B ank_________ 300 000 167,032 3,6 5 1 ,3 5 3 West Baltimore Bk 100,000 d 1 12.97K 1 .7 3 6 .3 m Western Nat Bank500,000 6 6 5,722 ' 6 4 1 5 4 3 9 All Ex B k & T r Co . 12.000,000 2 ,2 3 6 ,2 5 1 2 7 ,689,013 Baltimore Trust Co 11,000.000 2 ,4 4 2 ,5 8 4 14,75 3 ,3 5 6 Century Trust C o . 500,000 <2542,039 3 ,2 8 1 ,3 5 4 Colonial Trust C o . 300,000 168,111 1,797,731 Commerce T r C o .. 750,000 <2319 , 5 0 8 ! 1 ,939,880 Continental Tr C o . 1,350,000 21,758,549 1 0 ,326,887 ■qultable Trust Co 1.250,000 1 ,3 3 1 ,8 9 1 1 7 ,434,048 Fidelity Trust C o .. 1.000,000 2 ,2 4 0 ,7 4 4 1 7 ,464,008 Maryland Trust Co 1,000,000 <2569,288 1 0 ,892,132 Merc Trust & D ep . 1,500,000 3 ,7 1 9 ,4 3 7 1 7 ,671,178 Bafe Dep <k Tr C o .. 1.200,000 <23,884,005 1 6,5 8 9 ,3 9 7 BscurltyStor’ge&Tr 200,000 <2235,431 1 ,134,830 Title Guar A Tr Co 400,000 52 7 ,7 9 5 8 ,0 2 0 ,5 0 5 Union Trust Co 750,000 9 9 2 ,6 7 0 17,040,101 Frederick— Citizens’ N at Bank 100,000 7 02,637 5,9 8 0 ,9 5 3 Comm'l State Bank 160,000 9 0 ,0 0 0 2 ,5 8 6 ,7 3 0 Farm A Mech N Bk 24 5 ,7 5 0 3 ,1 0 0 ,5 1 2 125,000 Fred’k Co N at B k . 150,000 5 4 ,0 7 0 2 ,1 2 9 ,3 9 8 Fr’k Town Sav Inst 150,000 21 3 ,3 1 6 2 ,8 9 5 ,4 1 6 Central Trust C o ._ 524,3921 7,2 4 6 ,8 9 2 275,000 sh are 280 P ortland— C a n a l N a t B a n k .. . C h a p m a n N a t B an k F irs t N a tio n a l B an k P o rtla n d N a t B an k F id e lity T r u s t C o ._ C a sc o -M e rc ’tile T r . F o re st C i t y T r C o . U n io n S D A T r C o U S T r u s t C o ______ A sk. B id . P er 100 100 100 100 M A S S A C H U S E T T S — ( C o n c lu d e d ) 400 320 sh are 126 150 132 240 240 150 210 165 31. P er 10C 130 50 sh are. _ 120 10C 10 51 J* 50 110 100 40 25 10 100 100 30 100 10 10 25 20 50 50 100 25 50 100 325 56 120 21H 52 150 21JS 195 201 50 180 200 225 55 20 25 1 4 'ji 34 y2 106 107 154 108^ 38 58 197 25 155X — 200 50 50 210 100 140 50 279 100 n600 100 100 50 135 P er 650 1 sh are. 100 750 100 60 25 55 15 20 100 200 50 155 3— N a t . b a n k s ( e x c . B o s t o n ) D e c , 31 S ta te i n s t s . D e c . 31. B oston— Atlantic Nat B k ___ Boston Nat B a n k .. Brotherhood of Loc Eng Nat B a n k .. Citizens’ Nat Bank Comm Sec N at B k. Federal N at B k ___ First National Bank Merchants’ Nat Bk Nat Rock Bk of Rox Nat Shawmut Bank Nat Union Bank___ Second Nat B a n k .. Web A Atlas N B k . American Trust C o Bk of C o m A Tr C o Beacon Trust C o . . Boston S Dep & Tr Charlestown Tr C o Columbia Trust C o ■xchange Trust C o Jamaica Plain Trust Liberty Trust C o . . Massachus’ts Tr C o New Eng Trust C o . Old Colony T r C o .. Roxbury Trust____ State St Trust C o . _ U 8 Trust C o _____ Wlnthrop Trust Co Beverly— Beverly N at Bank. Beverly Trust C o .. B rockton— Brockton N at Bank Home N at B a n k .. . Plym’ th Co Tr C o . Cambridge— Manufac N at Bank Cambridge Tr C o .. Central Trust Co__ Guaranty Trust Co. Harvard Trust C o . Bast Cambridge ieohmere N at Bank Fall R i v e r Fall River N at Bank First N atlonal Bank Massasolt-Pocasset National B a n k .. Metaoomet N at Bk Darfee Trust C o___ Fall River Trust___ F itch b u rg— Fltchb’g Bk&Tr Co Safety Fund N B k . G loucester— Cape Ann N at B k . Gloucester N at B k . Glouces R t > T r Cn _ •Sale price. | D e p o s i t s o f N at. banksidate Jan 28 1925 4 ,5 0 0 ,0 0 0 200,000 3 ,2 4 1 ,5 9 0 :8 5 ,7 6 1 ,0 0 0 5 3 .9 2 0 2 .8 1 8 .0 n n 500,000 487,721 100 215 100 . 500,000 35 1 ,0 1 0 1,500,000 1 5 0,000 15,000,000 1 9 ,2 2 3 ,2 9 8 3.000,000 2 3 ,7 8 7 ,0 8 9 3 0 0 ,0 0 0 10,000,000 1,000,000 2,000,000 1,000,000 1,500,000 600,000 1,000,000 1,000,000 200.000 100.000 1 .000.000 200,000 750,000 1.000,000 1,000,000 7,000,000 200,000 2,000,000 1,000,000 100,000 80 6 ,1 9 4 8 ,3 0 9 ,7 9 6 1,5 6 6 ,4 5 4 4 ,5 2 7 ,4 2 5 1 ,3 2 6 ,8 3 7 2 ,7 4 2 ,0 4 3 152,559 1,9 4 1 ,0 5 3 3 7 68.262 ’ 20,775 112,353 1 ,0 4 0 ,9 2 9 40 ,2 2 4 75 6 ,9 9 0 79 1 ,5 0 2 2 585462 9,7 8 5 ,8 1 1 s24,574 2 ,8 6 2 ,2 5 5 e l , 4 54,945 e77,995 7 ,4 6 3 ,0 0 0 5 ,7 2 6 ,0 0 0 27 ,2 9 1 ,0 0 0 2654 6 9 0 0 0 5 7 ,7 0 7 ,0 0 0 0 8 ,850,055 1470 77000 1 5 ,289,000 3 7 ,9 2 4 ,0 0 0 1 1 ,789,000 2 5 ,792,661 c3,904,325 e23434,769 16,230,071 c 3,139,090 c2 ,616,921 cl66 3 5 ,4 2 2 c3,591,270 cl 1841,774 c21305,372 2 5 ,3 4 1 ,2 4 8 1505 67995 1 ,409,392 4 3 ,9 1 0 ,0 2 3 17,14 7 ,5 9 4 2 ,1 0 7 ,0 0 5 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 115 165 100 3 34 310 285 210 200 220 372 265 270 420 165 175 185 125 200 293 245 325 P er 300,000 100,000 37 5 ,8 4 3 e45,237 2 ,9 5 7 ,6 9 0 1 ,301,103 100 155 100 105 P er 6 0 0 ,0 0 0 5 0 0 ,0 0 0 200,000 62 0 ,0 7 9 7 ,8 2 3 ,5 2 6 46 3 ,2 5 3 8 ,5 7 8 ,4 5 8 108,358 c3,505,536 4 0 0 ,0 0 0 315 300 213 203 205 377 268 275 175 185 200 210 297 105 250 335 sh are 160 110 sh are 100 175 100 165J£ 100 125 P er 200,000 100,000 200,000 300,000 125 105 336 355 200 <34,249 2 ,2 2 5 ,0 0 0 e317,685 5 ,1 3 9 ,2 6 7 9 03,001 13 ,2 0 1 ,0 0 0 e l0 0 ,1 5 8 2 ,8 1 2 ,5 1 7 7 5 5,483 12,73 8 ,7 5 5 100 100 100 100 100 1,8 8 0 ,1 3 4 100 sh are P er 151,824 sh are P er 100,000 sh are *225 4 0 0 ,0 0 0 4 0 0 ,0 0 0 625,071 56 8 ,9 2 9 6 ,1 1 2 ,8 4 2 2 ,1 6 2 ,5 9 5 100 150 100 210 650,000 500,000 200,000 56 7 ,0 1 6 45 1 ,4 9 0 8 4 8,822 86 ,2 7 6 5 ,7 4 0 ,4 5 2 4 ,3 1 1 ,7 9 0 3 ,9 0 3 ,9 7 1 2 ,7 1 5 ,3 3 9 5 0 0 .0 0 0 5 0 0 ,0 0 0 5 4 2,974 56 8 ,5 8 4 4 ,7 0 6 ,9 0 4 6 ,8 6 3 ,5 4 2 100 150 100 120 100 225 100 105 Per s h a r e 100 100 185 100 165 175 150.000 100,000 snn.noo 189,665 2 ,6 4 6 ,5 2 0 9 4,664 1,4 2 3 ,9 0 4 2 35,299 c4,7 0 1,384 4 0 0 ,0 0 0 100 100 too - - H a v e r h ill— $ Essex N a t B a n k ___ 1 0 0 ,0 0 0 F ir s t N a tio n a l B a n k 2 0 0 ,0 0 0 H a v e r h ill N a t B a n k 2 0 0 ,0 0 0 M e rrim a c k N a t B k 2 4 0 ,0 0 0 H a v e r h ill T r u s t C o . 2 0 0 ,0 0 0 H o ly o k e — C i t y N a tio n a l B a n k 5 0 0 ,0 0 0 H o ly o k e N a t B a n k . 4 0 0 ,0 0 0 P a rk N a tlo n a l B a n k 10 0 ,0 0 0 H a d le y F a lls T r C o 5 0 0 ,0 0 0 L a w re n c e — B a y State N a t B k . 6 0 0 ,0 0 0 A rlin g to n T r u s t C o 2 0 0 ,0 0 0 Law ren ce T r u s t C o 2 0 0 ,0 0 0 M e rch a n ts’ T r C o . 3 0 0 ,0 0 0 L o w e ll— A p p le to n N a t B a n k 3 0 0 ,0 0 0 O ld L o w e ll N a t B k . 2 0 0 ,0 0 0 U n lo n N a t B a n k . . 3 5 0 ,0 0 0 W a m eslt N a t B an k 2 5 0 ,0 0 0 L o w e ll T r u s t C o ___ 2 4 0 ,0 0 0 M iddlesex N a t B k . 2 0 0 ,0 0 0 Lynn— C e n tra l N a t B a n k . 2 0 0 ,0 0 0 M a n u fa c ’rs N a t B k 2 0 0 ,0 0 0 N a tio n a l C i t y B a n k 3 0 0 ,0 0 0 State N a tlo n a l B a n k 2 0 0 ,0 0 0 Essex T r u s t C o . . 2 5 0 ,0 0 0 L yn n S Dep & T Co 10 0 ,0 0 0 Sagam ore T r u s t C o 1 25,000 S e c u rity T r u s t C o 2 0 0 ,0 0 0 N e w B e d fo rd — F ir s t N a tio n a l B an k 5 0 0 .0 0 0 M e rch a n ts’ N a t B k 1 ,0 0 0 ,0 0 0 Safe Depos N a t B k . 35 0 ,0 0 0 P eabody— W a rre n N a t B a n k . 20 0 ,0 0 0 S a le m — M e rch an ts N a t B k . 2 0 0 ,0 0 0 N a u m kea g T r C o ._ 2 5 0 ,0 0 0 Salem T r u s t C o . _ 2 0 0 ,0 0 0 S p r in g f ie ld — C h a p in N a t B a n k .. 5 0 0 ,0 0 0 Chicopee N a t B an k 5 0 0 ,0 0 0 S p rin gfie ld N a t B k . 5 0 0 ,0 0 0 T h ir d N a t B a n k . . 1 ,0 0 0 ,0 0 0 C o m m e rc ia l T r C o . 3 5 0 ,0 0 0 S p rin g fie ld S D 4 T 5 0 0 ,0 0 0 U n io n T ru s t C o . 5 0 0 .0 0 0 W est S p rin gfie ld T r 1 50,000 T a u n to n — M a c h in ists’ N a t B k 2 0 0 ,0 0 0 B ris to JC o u n ty T r . 3 0 0 ,0 0 0 W o rc e s te r— M echan ics’ N a t B k 4 0 0 ,0 0 0 M e rch an ts’ N a t B k 1 ,5 0 0 ,0 0 0 B a n cro ft T r u s t C o . 3 0 0 ,0 0 0 W o rce ste r B k T r C o 1 .5 0 0 ,0 0 0 M I C H I G A N — N a t io n a l b a n k s B ay C ity — B a y C i t y B a n k ____ 3 5 0 .0 0 0 150 000 30 0 ,0 0 0 sh are m n . n n n L i .5 0 7 . 1 9 7 7 5 0 ,0 0 0 P er C a p ita l. 160 k 120 - - 225 People’s C o m m e rcla l A Sav B an k D e t r o it — A m e r State B a n k .. B an k of D e tr o it_ _ C o m m e rcia l St 3 B k C o m ’w ea lth Federal Savings B a n k _ _ C o n tin e n ta l B a n k . D e tro it Sav B a n k .. D im e Savings B an k F ir s t N a tio n a l B a n k F ir s t State B ank . H ig h l’d P k State B k M e rch an ts’ N a t B k M ic h St B k of D e t’t N a t B k of C o m m ’ce P en insu lar S tate B k People’s State B an k U n ite d Savings B k . W ayneCoH oSav Bk A m e r L oa n A T ru s t D e tr o it T r u s t C o ._ F id e lity T r u s t C o ._ G u a ra n ty T r u s t C o S e cu rity T r u s t C o . U n io n T r u s t C o . . G r a n d R a p id s — F o u rth N a t B a n k .. G r R ap N a t B a n k. G r R a p id s Sav B k . H om e State B k fo r S K e n t State B a n k .. O ld N a tio n a l B a n k . G ra n d R a p T r C o . _ M ic h ig a n T r u s t C o . S a g in a w — B a n k of S a g in a w .. A m e r 8tate B a n k .. People’s Sav B a n k . Second N a t B a n k . _ S u r p lu s A P r o fits . C ross D ep o sits. P a r. B id . P er A il. sh ort $ $ 2 7 0 ,0 3 9 2 ,8 6 4 ,2 3 7 2 1 7 ,4 6 7 3 ,5 3 6 ,2 5 6 7 4 3 ,7 6 7 3 ,0 9 5 ,6 8 4 31 6 ,5 1 6 1 ,8 8 2 ,9 4 8 1 2 1,408 c 3 ,5 7 3 ,4 0 0 100 100 100 100 100 e336 ,49 2 4 ,2 4 3 ,2 5 1 1 73,384 9 ,1 9 6 ,0 3 3 100,701 1 ,7 2 0 ,0 4 4 37 2 ,5 8 7 c 8 ,6 1 6 ,2 2 3 100 100 100 100 140 133 132 150 2 7 2 ,0 2 6 e212 ,02 5 3 0 4 ,9 8 2 1 90,000 4 ,9 8 7 ,5 8 3 6 ,5 7 2 ,7 4 3 9 ,4 6 4 ,7 7 2 8 ,3 5 5 ,0 4 6 100 100 100 100 190 145 150 185 3 1 2,091 2 9 7 ,1 1 3 904 626 1 69,152 11 2 ,0 5 5 1 0 6,676 1 ,6 7 8 ,5 9 7 4 ,5 9 8 ,0 8 4 4 ,9 6 1 ,1 1 1 1 ,0 1 1 ,8 9 2 2 .9 0 1 ,6 0 1 4 5 9 3 ,9 3 7 100 100 100 100 100 100 125 100 250 112 110 125 5 3 1 ,7 5 6 2 4 5 ,7 2 9 3 0 4 ,4 0 5 12,261 4 3 5 ,9 0 2 4 6 2 ,5 9 3 17,614 e532 ,21 3 6 167 910 4 ,6 5 9 ,1 4 0 5 ,5 5 7 ,5 5 4 1 ,7 1 1 ,4 6 2 3 ,0 2 8 ,9 6 9 4 ,8 0 2 ,0 4 0 1 ,3 7 1 ,2 2 5 8 ,6 5 7 ,2 4 0 100 100 100 100 100 100 100 100 252 160 90 195 370 93 230 8 6 9 ,7 3 7 1 1 ,4 0 5 .4 0 0 1 ,7 6 9 ,7 3 4 8 ,2 6 8 ,6 2 9 7 3 2 ,3 4 5 8 ,0 1 5 ,4 6 2 100 100 100 290 225 330 2 1 8 ,7 2 7 2 ,8 7 9 ,0 8 2 100 120 3 1 7 ,1 8 9 4 0 0 ,3 4 4 e 6 3,125 3 ,8 8 4 ,2 5 0 6 ,1 2 8 ,3 3 8 2 ,1 4 2 ,9 8 2 50 100 100 87 87 175 175 100 e628 ,73 5 7 ,3 1 1 ,7 8 1 94 2 ,3 1 1 1 0 ,3 8 1 ,0 8 7 1 ,0 7 7 ,0 7 4 1 1 2 ,5 0 9 ,5 4 8 1 ,8 0 8 ,9 4 3 1 6 ,4 8 1 ,5 4 7 o l8 3 ,0 7 8 4 ,0 1 5 ,1 5 7 1 ,5 9 4 ,5 7 1 9 ,8 3 2 .6 5 6 1 ,7 7 6 ,6 8 4 1 3 ,7 8 9 ,9 7 8 104,141 1 ,6 5 3 ,6 6 0 100 100 100 100 100 100 100 150 233 265 285 140 325 470 110 155 238 1 ,5 6 9 ,0 2 1 4 ,3 9 7 ,7 8 7 100 100 7 9 2 ,2 1 8 1 4 ,5 9 3 ,0 2 4 1 ,1 9 6 ,2 9 9 2 4 ,7 6 7 ,5 6 1 <92,326 2 ,0 9 2 ,3 8 2 1 ,9 0 4 ,2 3 4 32 159 313 100 100 100 100 150 150 150 115 P er sh a re. 195 150 155 190 P er sh a re. 130 125 255 115 115 150 P er sh a re. 155 P er sh a re. 350 P er sh a re. 120 P er sh a re. P er sh a re. e 225 ,80 4 1 8 7 ,0 6 0 120 P er sh a re. 225 190 200 125 215 D e c . 31; S la te i n s t i t u t i o n s D e c . 31 P er sh a re 2 6 2 ,8 8 6 e222 ,46 6 e364,271 4 7 0 7 ,5 6 5 5 4 6 9 ,8 6 0 5 67 8 ,1 6 1 100 100 100 170 200 300 4 0 0.000 7 2 5 ,3 3 3 9 35 1 ,9 7 6 100 225 1 ,5 0 0 ,0 0 0 2 .0 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 1 .0 0 0 .0 0 0 5 4 5 ,1 2 0 7 8 7 ,1 5 9 9 2 4 ,0 6 3 2 0 9 ,6 7 0 C25147 267 C440S7 774 C27920 861 c 5 ,6 1 2 ,3 9 6 100 100 187 152 100 117 120 2 3 9 ,1 8 9 C11289 562 75 0 .0 0 0 4 0 ,0 0 0 c 2 ,8 1 2 ,7 2 9 7 0 0 ,0 0 0 1 ,5 0 0 ,0 0 0 2 ,4 9 9 ,9 0 1 C33749 006 1 ,5 0 0 .0 0 0 3 ,1 0 2 ,5 2 2 c52778 160 5 .0 0 0 .0 0 0 5 ,8 6 0 ,4 6 5 104743 293 2 50 0 .0 0 0 8 7 4 ,8 9 0 c l7 5 7 2 363 1,0 0 0 000 1 ,3 5 3 ,0 9 2 c24 548 548 2 ,0 0 0 ,0 0 0 1 ,7 0 5 ,4 9 5 26 2 8 8 ,5 5 6 4 5 ,9 5 7 3 ,0 3 8 ,2 4 4 25 0 ,0 0 0 2 ,0 0 0 ,0 0 0 2 ,7 7 7 ,1 7 7 5 4 ,7 7 1 ,8 0 4 2 ,5 0 0 .0 0 0 1 ,8 7 7 ,3 7 7 c39 081,674 5 ,0 0 0 ,0 0 0 10 ,8 1 7 ,6 2 1 C125297019 3 9 5 ,1 9 6 C11379.940 7 5 0 .0 0 0 4 ,0 0 0 ,0 0 0 8 ,1 6 5 ,4 6 2 c91392,251 10 0 ,0 4 5 9 1 ,4 7 7 ,9 2 0 50 0 ,0 0 0 4 1 1 ,6 0 8 500 000 2 ,0 0 0 ,0 0 0 4 ,7 4 4 ,2 9 9 913241,347 2 2 0 ,6 1 4 9 1 ,3 3 3 ,7 0 3 5 0 0 ,0 0 0 3 2 4 ,2 9 6 9 7 6 7 ,8 6 0 3 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 2 ,0 3 8 ,0 8 0 9 6 ,0 1 9 ,4 4 9 2 ,0 0 0 ,0 0 0 1 ,5 1 2 ,7 4 6 917617,423 100 100 100 100 100 100 134 138 100 295 300 300 130 100 100 100 100 100 100 100 100 100 100 100 100 100 100 196 235 247 213 435 225 4 10 106 150 342 2 20 195 342 255 100 100 100 100 100 100 100 100 210 127 255 145 350 215 220 195 100 100 100 100 215 225 225 225 P er s h a r e P er 3 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 50 0 ,0 0 0 25 0 ,0 0 0 5 0 0 ,0 0 0 8 0 0 ,0 0 0 3 0 0 ,0 0 0 1 ,0 0 0 ,0 0 0 3 3 9 ,8 8 9 4 9 4 ,9 2 9 5 3 5 ,0 7 3 6 3 ,4 3 6 1 ,2 8 4 ,7 1 5 1 ,2 8 0 ,3 6 0 2 9 4 ,8 8 9 7 0 6 ,5 0 6 4 ,3 6 2 ,2 7 2 1 2 ,6 8 7 ,0 6 4 C 20059.443 c 3 ,2 5 9 ,5 8 8 c 20 018,500 1 2 ,0 3 3 ,0 0 7 9 4 2 3 ,9 6 6 9 8 0 8 ,6 2 3 1 ,0 0 0 ,0 0 0 2 0 0 ,0 0 0 10 0 ,0 0 0 1 ,0 0 0 .0 0 0 1 ,0 3 1 ,1 6 2 1 9 2 ,7 5 5 1 3 1 ,8 0 2 ' 1 ,2 8 0 ,3 8 0 1 7 ,7 3 2 .0 7 6 c4 ,4 7 7 ,0 8 6 c 2 ,10 2 ,9 3 3 1 3 ,2 4 4 ,7 3 6 P er ____ ..... 215 200 ___ ____ sh are. 270 155 230 sh a re. 220 230 235 230 M I N N E S O T A — N a t i o n a l b a n k s D e c . 3 1 ; S ta te i n s t i t u t io n s D e c . 3 1 . U u lu t h — A m e r E xc h N a t B k B k of C o m ’ce A Sav C i t y N a tio n a l B ank D u lu th N a t B a n k .. F irs t N a tio n a l B a n k M in nesota N a t B k N o rth e rn N a t B an k M in n e a p o lis — F irs t N a tio n a l B an k M a rq u e tte N a t B k . $ 2 ,0 0 0 ,0 0 0 2 0 0 ,0 0 0 5 0 0 ,0 0 0 20 0 ,0 0 0 2 .0 0 0 ,0 0 0 6 0 0 ,0 0 0 1 ,0 0 0 .0 0 0 P er $ $ 1 ,3 3 7 ,0 9 2 1 4 ,6 9 8 ,0 5 4 <41,867 8 5 6 ,8 3 1 5 1 1 ,8 9 2 5 ,4 6 4 ,1 6 9 e 8 5,378 1 ,4 9 1 ,9 1 8 2 ,1 3 6 ,2 1 9 2 0 ,8 6 3 ,7 0 4 100 100 100 100 100 180 105 210 145 225 3 ,5 7 4 ,8 1 4 6 ,4 6 7 ,8 0 8 100 100 135 190 11 1 ,3 8 2 1 ,8 8 5 ,9 7 5 5 ,4 0 7 ,1 4 8 9 6 ,2 7 8 ,9 8 2 2 3 4 ,8 1 4 s1 0 ,2 3 9 ,0 4 2 e62,385l 1 ,1 5 7 ,6 5 3 100 100 100 245 1 6 5 ,4 3 5 4 4 1 ,0 6 2 P er 8 0 0 ,0 0 0 5 ,5 0 0 ,0 0 0 500 000 2 0 0 ,0 0 0 sh are 110 sh are. 250 250 6 Sept. 30 1924 a E x -d iv id e n d . * L a s t sale, a Dec. 31 1923. gIncludes trust deposits, o D e c . 31 1924. c Includes s»' ings deposits. dO ct 2 l u o t .Tune 30 1924 * SeDt 14 1924. * *0* ’■'ghtg r M a rch 31 1094 n N o m in a l, t D e fa lc a tio n $70,000. « O c t. 10, 1924. I A tla n tic Exch a n ge B k . & T r . C o . consolidated w ith B a ltim o re T r u s t C o ., re ta in in g th e la tte r ’s na m e . F eb ., 1925.] BANKS AND TRUST COMPA N U S 59 MINNESOTA (Concl.)— Nat, banks Dec. 31; State institutions June 30. Surplus d k Cross Capital. Profits Deposits. Par. Bid. Ask. MONTANA— National banks Dec. 31; State institutions Dec. 31. Cross Surplus d k Deposit*. Par. Bid. Capital. Profits. Minneapolis (Co n.) $ $ Per share. $ Mercantile State Bk 58,000 1,700,000 100 95 105 253,000 March A Mfg St Bk 175 75,000 1,500,000 100 100,000 Metrop Nat Bank. 142 500,000 e208,637 7,766,164 100 135 Midland Nat Bank 1 .000,000 e564,974 19,701,552 100 165 170 Minneapolis Tr Co. 1 , 000,000 91 ,000,000 10,077,090 100 Northwest Nat Bk. 4.000,000 e2,609,405 84,317,807 100 230 240 Union State Bank. 200 100,090 <180,000 2,250,000 100 Marquette Tr Co._ 200 58,000 3,000,000 200,000 Minn L’n A Tr Co. 1 , 000,000 1,489,557 11 ^344,490 100 Wells-Dickey Tr Co 500,000 257^056 4,356,545 St. Paul— Per share. American Nat Bank 160 400,000 211,650 11,072,860 100 150 First National Bank 3,000,000 3,357,701! 66,332,435 100 230 Merchants’ Nat Bk 2 ,000,000 2,118,984 48,553,868 100 220 Nat Exchange Bank 95 300,000 el60.974i 4,554,612 100 100 St Paul State Bk__ 90 120 100,000 53,513 1,485,098 100 Payne Ave State Bk 85 43,957! 1,043,352 100 110 120,000 4tock Yards Nat Bk 115 350,0001 e90,090 3,718,668 100 100 Twin Cities Nat Bk 200,000 110 45,329 858,669 100 100 Merch Tr A Sav Bk 500.000 0404,752 6,780,890 100 Central Trust Co. 44,452 2,107,286 100 200,000 Northwestern Trust 1 ,000,000 too ______ 501,622 MISSISSIPPI— National banks Dec. 31; State institutions Dec. 31. Per share. Jackson— Capital Nat Bank. 200.000 260,619 3,651,277 100 First National Bank 100,000 260,957 2,687,108 100 Jackson-State N Bk 200,000 98,738 1,986,857 Butte— Per share. $ $ $ First N ational Bank 633,400 10,782,740 300,000 el00.715 1 .324.250 Miners S BkATr Co 200,000 313.036 11.545.900 ioo Metals Bk A Tr Co 400,000 Helena— American Nat Bank 239,163 4,405,261 100 200,000 Nat Bk of Montana 100,000 3,539,704 100 250,000 Montana Tr A S Bk ell4,920 1,719,897 100 150.000 Union Bk A Tr Co. 302,577 3,903,527 100 250.000 NEBRASKA— National banks Dec. 31; State institutions Dec. 31. Vicksburg— tPer share. 25 25 Amer Bank A Tr Co 25,612 1,380,685 25 130,000 Citizens’ Nat Bank 54,021 369,450 100 105 100,000 165 First National Bank 300,000 230,584 2,974,672 100 165 Merchants’ Nat Bk 225 250,000 288,751 2,003,447 100 225 Nat City Sav Bk A Trust C o .. . . . 210 100,000 67,625 2,810,794 100 210 Nat Peop S Bk A Tr 100,000 116,843 2,275,630 100 215 MISSOURI— National banks Dec. 31; Stai e institutions Dec. 31. Kansas City— Per share. City Bank o f K C . . 100,000 247,014 5,177,666 100 350 Columbia Nat Bank 500.000 73,942 3,569,428 100 100 Liberty Nat Bank 500.000 175,010 7,620,629 100 134 138 Drovers’ Nat Bank 1 ,000,000 125 211,225 13,226,369 100 1 000,000 3,330,998 59,707,338 100 600 650 200 000 103,675 4,435,018 100 190 210 Interstate Nat Bk sooiooo 1,031,092 13,206,867 100 450 475 Linwood State Bk 100,000 949,667 19,505 110 125 Main St State Bk 44,329 1,821,900 100 125 looiooo Merchants’ Rank 200,000 71,195 2,282,750 100 200 95,457 2,823,641 100 180 100 000 200 Missouri Sav As Bk 100,000 150,000 4,194,300 100 1000 Mutual Bank . 135 100,000 40,645 1,419,140 100 125 New Eng Nat Bank 1 . 000,000 500,000 18,070,837 100 180 mo non 11 2,228 2 083,924 100 325 Traders’ Nat Bank 200 000 124,338 5|653,885 100 225 300 000 170,492 4,041,141 100 215 225 Stock Yds Nat Bk Union State Bank. isoiooo 150 50,945 1,476,197 100 125 Western Exch Bank 225 250,000 150,825 3,316,111 100 200 Westport Ave Bank 100,000 62,131 1,419,049 100 175 200 « nno ooo 2,424,332 95,986,112 100 200 202 Federal Trust C o .. 200,000 45,182 2,226,543 100 Fidelity N Bk A Tr 2 ,000,000 173 737,076 31,607,531 100 170 Home Trust Co____ 300,000 111,979 5,261,017 100 165 Mercantile Tr Co._ 200,000 122,557 2,256,608 lOi, 350 Peoples Trust Co._ 500,000 51,556 6,489,609 100 175 Pioneer Trust Co . 280 267,500 392,303 3,279,589 100 270 250.000 Fidelity Savs Tr Co 225,263 4,967,803 100 Walton Trust C o .. 210 250,000 250,936 1,910,461 100 200 St. Joseph— Per share. American Nat Bank *355,914 8,854,929 100 350 200,000 Borneo Nat Rank 200,000 170,959 4,975,223 100 1200 First National Bank 500,000 458,167 8,511,554 100 175 200 350.000 el66,277 4,387,288 100 St Jos Stk Yds Bk Tootle-Lacy N Bk. 200 000 248,079 9,363|528 100 Bartlett Trust Co__ 100,000 e220,540 3,650,546 100 200 350 Buchanan Co Tr Co 100,000 921,710 100 e2 000 Empire Trust C o .. 200,000 e75 782 2,321,055 100 150 160 132 013 2,626,142 100 175 First Trust Co . . 100,000 200 Missouri Val Tr Co looiooo elOO 333 1,764,247 100 175 200 St. Louis— Per share. Baden B a n k _____ 100,000 el39,438 2,088,108 100 Boatmen’s Bank___ 2 , 000,000 1,150;592 25,822,995 100 145 147 Bremen Bank_____ 200,000 811,338 5,984,342 100 400 Cass Avenue Bank. 200.000 230,394 4,226,940 100 260 275 First National Bank 10 ,000,000 6,737.276 143325098 100 205 206 Franklin Bank____ 1 ,000,000 395,019 11,830 123 100 140 143 Grand Ave Bank . 200,000 103,000 2,799,485 100 200 1,000 000 253,730 9,069,628 100 140 150 Jefferson Bank____ 200,000 230.436 4,435,959 100 247 159,295 3,812,892 100 170 Jsff-Gravois Bank. 200,000 175 Lafayette So SldeBk 1 , 000,000 1,021.537 23,800,499 100 310 325 Lowell Bank.......... 200.000 147,223 3,489,246 100 150 160 Manchester Bank. . 500,000 *1 207,965 5,431,060 100 182 Merch Laclede Nat 1,700,000 1,885,073 30,530,405 100 270 Missouri Nat Bank. 200,000 el5,000 1,617,789 100 107 '4 110 Nnt Bank of Comm 10 ,000,000 4,107,072 80,134,877 100 149M 150 National City Bank 1 ,000,000 325,139 16,578,097 122)4 124 Scruggs. Vander200,000 voort Barney Bk 83,465 1,683,843 100 Security Nat "Bank Savs Trust Co___ 250,000 50,000 5,004,036 100 157)4 200,000 185 Soutb'n Com A Sav ell6,288 3,206,716 100 175 St Louis Nat Bank. 200,000 46,309 2,340,724 100 110 120 State National Bank 2 ,000.000 1,014,738 21,019,996 100 170 Tower Grove Bank 400.000 119,875 6,572,277 100 210 Twelfth St Nat Bk. 200,000 el60,000 852,980 542,431 8,832.157 100 125 United States Bank 1 .000,000 130 Water Tower Bank 200,000 e95,000 1,300,000 IO 140 O 150 550,265 14,832,311 10C 156 American Trust Co 1 ,000,000 B’way Sav Tr C o .. 200,000 d89,448 1,681,743 100 125 135 elll,863 1,542,000 100 150 Chouteau Trust Co 200,000 155 e98,451 1,633,172 100 110 City Trust Co_____ 200,000 125 200,000 36,885 1,671,379 100 135 155 Oaston-TaylorTrCo 189,343 5,186,464 IO 190 400,000 O Funn A Mer Tr Co 200,000 81,250 1,726,528 100 140 150 Laclede Trust Co_. Liberty Cent Tr Co 3,000,000 1,169,806 35,344,900 100 105 107 Mercantile Tr C o .. 3,000.000 7,525,604 63,675,194 100 400 402 Miss Vail Trust Co. 3.000.000 4,302,777 34,979,469 100 242 245 200,000 e46,000 1,800,000 100 135 Mound City Tr Co. 145 200,000 73,254 2,775,666 100 140 Nor St Louis Tr Co 500.000 r689,214 8,491,206 100 180 Northwest’n Tr Co 190 ell3,202 2,701,753 100 150 200,000 Savings Trust C o .. 200,000 100,553 2,620,412 100 180 toath Side Tr Co . 190 100,000 76,315 1,215,668 Webster Groves Tr 200.000 ell7,978 3,022,794 ioo 150 Wait St L Trust Co 160 Ask. Lincoln— Per share. Central Nat Bank. el72,320 3,746,912 100 1170 200,000 City National Bank el29,566 3,820,648 100 500,000 First National Bank 556,715 8,842,060 100 525.000 Nat Bk of Comm’ce e255,649 5,380,640 100 300,000 LlncolnStateNatBk 135 9,500 2,555,331 100 200,000 Omaha— First National Bank 1,250,000 963,743 23,804,576 100 200 215 Live Stock Nat Bk. 650,000 39,333 4,985,850 100 125 Merchants’ Nat Bk 1 , 000,000 704,479 11,984,895 100 120 150 Omaha Nat Bank.. 1 , 000,000 1,202,604 29,982,428 100 325 340 Packers Nat Bank. 181,495 4,674,624 100 180 200,000 Peters Nat Bank 200,000 90,986 2,294,958 100 175 200 Stock Yds Nat Bk. 842,599 10,169,083 100 220 750,000 240 131,504 5,556,725 100 150 State Bank_______ 300,000 U S National Bank 1,100,000 732,070 18,873,901 100 265 273 NEW HAMPSHIRE— National Banks Dec. 31; State institutions June]30. Manchester— Per share. Amoskeag Nat Bk. 692,769 4,023,691 100 350 200,000 First N ational B ank 241,700 1,792,076 100 200 150,000 358,472 2,550,918 100 250 Manchester Nat Bk 150,000 Merchants Nat Bk 70,169 2,196,160 100 150 150.000 Nashua— City Guar Sav Bk. *200,000 50,000 3,311,843 100 Indian HeadNatBk 280,571 3,159,414 100 250 100,000 272,582 4,082,628 100 150 Nashua Trust C o .. 200,000 200 Second Nat of Nash 218,249 3,428,800 100 250 150,000 250 Portsmouth— New Hamp Nat Bk 136,620 939,141 100,000 NEW JERSEY— National banks Dec. 31; State institutions Dec. 31 . Asbury Park— Per share. Asb Pk A Oc Gr Bk 600,000 6,018,324 400,000 Merchants Nat Bk. 59,701 1,725,795 100,000 Asbury Park Tr Co 174,707 3,177,170 150,000 Seacoast Trust Co. 309,670 4,401,276 175.000 Atlantic City— 924,364 8,334,779 100 AtlanticClty Nat Bk 200,000 Boardwalk Nat Bk. 200,000 e350,931 1,972,789 100 529,276 5,462,369 100 500 Chelsea Nat Bank. 200.000 Second Nat Bank.. 250.000 194,688 5,886,987 ____ 100.000 Union Nat, Bank . e229,337 2,183,744 ioo 100,000 el23,919 2,465,600 Atlantic Co Tr Co. 300.000 *565,982 6,398,859 100 Atlantic S DA TrCo Bankers Trust C o .. el37,567 3,359,453 100,000 86,565 1,493,484 Chelsea Safe D A Tr 100,000 659,613 5,756,242 ____ 263 Guarantee Trust Co 600.000 298,361 4,370,777 Equitable Trust Co 200,000 420,242 4,529,138 100 200,000 Bayonne— 300,227 7,308,205 100 190 200 Bayonne Trust Co. 300.000 50 125 500,000 508,473 9,509,285 130 Mechanics’ Tr Co. _ Bridgeton— r2S3,469 2,198,609 100 407 407 Bridgeton Nat Bk. 100,000 550 Cumberland NatBk 150.000 e598,484 2,665,419 100 550 el72,075 1,358.310 100 235 Farm A Mer NatBk 150,000 235 310 Cumberland Tr Co. 150,000 e223,375 1,678,408 100 310 Per share. Camden— 534,477 5,840,234 100 ♦400 Camden Nat Bank. 100,000 First Nat State Bk. 1 ,000.000 1,294,182 17,303.562 100 *300 H 25 *122)4 Camden S DAT Co 500.000 1,293,463 12,515,672 375,737 5,281.992 100 *252 250 000 Broadway Trust Co 25 *106 e467,805 3,315,347 100.000 Central Trust C o .. ell0,327 1,730,540 100 *200 East End Tr Co__ 100.000 195,570 3,528,559 100 *250 200.000 Merchants’ Tr Co201,601 2,597,717 100 *250 100.000 Parkside Trust Co. 445,113 4,544,307 100 *350 100,000 460,703 3,932,027 100 *225 200.000 West Jersey Tr Co. East Orange— *21,831 786,776 100 100,000 *164,534 3,334,424 100 185 250.000 East Orange Bank 566,783 14,171,827 100 260 500,000 Sav Inv & Trust Co 398,019 8,481,992 100 300 500,000 Essex County TrCo Per share. Elizabeth— 350,421 5,688,466 100 225 250,000 Elizabethport B Co 50 110 983,804 11,136,681 700 000 131,440 2,703,012 100 160 200 000 200,000 e62,303 1,392,416 100 150 Cent Home Tr Co 500.000 *309,784 3,616,683 100 175 Elizabeth Trust Co 644,673 11,251,004 100 400 400,000 Union Co Trust Co Per share Hoboken— 25 95 105 500.000 1,120,107 12,117,208 First National Bank e64,198 1,402.728 100 125 135 200,000 Franklin Nat Bank 169,226 7,285,324 100 150 700.000 Second Nat Bank.. 91,360 1,730,199 100 170 100.000 Columbia Trust Co 278,327 4,858.583 100 250 200.000 Hoboken Trust Co. Hudson Trust C o .. 1 , 000,000 1,790,947 41,269,666 100 350 248,091 6,940,S63 100 250 400 000 591,855 9,046,189 100 210 500.000 Steneck Trust C o .. Per share Jer*ev Cltv— 56,535 1,821,666 100 140 250,000 Bergen Nat’l Bank. 375,402 8,590,534 100 250 200.000 Claremont Bank. . 205 First National Rank 1,000 000 1,694,926 21,094,352 100 180 64,257 1,498.264 200,000 252,983 5,067,218 100 240 200,000 290 Commercial Tr N J 2 , 000.000 2,404,151 46,545,105 100 280 e333,736 6,691,777 100 275 200,000 Greenv Bk A Tr Co 578,170 5,940,661 100 *180 600 000 250,000 9,338,605 100 300 200.000 Mercantile Tr Co . N J T Gu A Tr Co. 1,300,000 1,164,637 24,650,132 100 375 2 ,000,000 2,958,125 49,717,140 100 *375 Union TrA Hudson 750.nnn 1,114,664 17,911,082 100 275 290 Co Nat Bk .. 64,498 1,083,355 200,000 Long Branch— e243,000 2,240,000 100 325 100,000 Citizens’ Nat Bank 150,000 rl58,492 1,920,011 50 200 220 Long Branch Bkg Co Per shaft. Morristown— 319,810 4,938,791 100 <240 200,000 First National Bank 130,787 5,037,292 50 <100 200,000 National Iron Bank 106,238 1,582,889 100 <140 150,000 862,142 8,537,230 100 <225 600,000 Morristown Tr Co. Per Mt. Holly— 822,282 25 35 77,016 37 100,000 M t Holly Nat Bank • Sale price, e Nominal quotations g Amount paid In. k New stock. * Ex-dividend. y Capital to be Increased. a Including Fidelity . a▼ A T r. stock. I Last sale, r June 30 1924 « Guaranty Fund, a Includes Minn. L. A T r. stock, . . b Includes Minneapolis Trust C o. Includes M erch. T r. A Sav. Bank, t Approximate price, a D o no commercial banking, d March 31 1924 e Oct. 1 1924 a Dec. 3 1924 . 0 . 1 . 60 BANKS AND TRUST COMPANIES I NEW JERSBY— (Concluded) Capital. Mt.Holly (Concl. _ Union Nat Bank _ Farmers’ Trust Co. MtHolly S D & T r. Newark— American Nat Bank Br’d A Market N B Lincoln Nat Bank. Mei A Mfr's N B . . Mutual Bk of Rosev N atNewarkAEssex Banking Co_____ National State Bk. North Ward Nat B City Trust Co_____ Clinton Trust C o .. Federal Trust C o .. FidelltyUnionTrCo Ironbound Tr C o .. Liberty Trust C o .. Newark Trust C o .. Spr’gf’ld Ave Tr Co Vailsburg Trust Co Washington Tr Co. Weequanic Trust Co West Side Trust Co f New Brunswick Citiz Nat Bk of N B Nat Bank of N J_. People’s Nat Bank. MiddlesexTGATCo New Brunsw Tr Co Passaic— Merchants Bank PassalcN Bk ATrCo City Trust C o ... Hobart Trust Co People’s Bk A Tr Co Sendee Trust C o .. Paterson— First National Bank Paterson Nat Bank Second Nat Bank. Nat Bank o Amer. Paterson Sav Inst. Citizens’ Trust Co. Franklin Trust Co Hamilton Trust Co U S Trust C o ... Plainfield— City National Bank First National Bank Plainfield Trust Co State Trust Co___ Trenton— Broad St Nat Bank Capital City Tt Co. First National Bank Hanover Trust Co. Mechanlcs’ Nat Bk Trenton Bank’g Co Colonial Trust Co. Mercer Trust Co_. Tmiton Trust Co_. Wilbur Trust Co___ S 100,000 200.000 100,000 500.000 200.000 Surplus Gross < Profit a Deposits. Par. fc 197,404 /119.092 166,231 1,423,751 1,070,330 692,969 151,140 1,656,764 1,792,606 16,458,536 197,937 2,270,616 2.500.000 500.000 400.000 1,507, 530 996, 320 772, 396 305, 753 589, 832 1,512. 859 4,752, 446 707, 307 111, 273 97, 076 389 .750 77.,083 332 ,588 151 ,063 /586 ,468 200.000 200,000 2.500.000 5.250.000 500.000 200.000 200,000 200.000 200,000 200,000 200,000 800,000 250.000 600.000 200.000 100,000 300.000 100.000 1.500.000 200,000 100,000 400.000 400.000 /50.000 /897,967 243,688 £7100,326 349,596 146,108 1,735,899 /236.561 323.527 894,164 /223,636 500.000 850,847 963,732 1.200.000 977,806 750.000 500.000 /313.386 1.000,000 £71,569,860 500.000 675,000 150.000 /366.128 550,824 600.000 350.000 1,327,553 150.000 200.000 609,200 Per 135 120 135 share. 150 125 150 100 100 100 100 100 100 100 290 175 275 718,524 300 702.260 450 960,927 300 282,471 550 059,840 859,689 100 325 318,331 100 425 273,123 100 450 561,968 100 150 237,026 100 275 245,800 100 400 395,868 100 150 ,191,012 100 300 ,702,101 100 200 ,178,966 100 425 Per 737,690 100 125 12,528,289 100 310 3,620,093 100 250 1,888,918 100 175 5,659,020 100 225 Per 1,847,139 100 270 21,276,394 100 3,680,679 100 3,702,117 100 450 9,552,437 100 320 933,312 100 Per ,586,606 100 480 ,072,227 100 275 ,176,218 50 220 ,283,014 100 190 25 140 ,085,836 ,590,423 100 330 ,851,870 100 290 ,334,800 100 275 ,313,142 100 495 291.527 241,107 823,842 148,518 6,896,834 5,917,552 12,178,898 3,353,652 781 ,032 250.000 150.000 /234 ,185 500.000 /1.158 ,035 200.000 /108 ,227 1,000,000 1,591 ,494 500.000 1,007 ,407 100.000 /136 ,913 200,000 477 ,666 750.000 1,097 ,426 /32 ,262 100.000 ,037,123 ,173,651 ,965,279 ,833,159 ,206,742 ,331,145 ,097,672 ,029,306 ,300,626 ,580,838 100,000 Ask. 100 100 475,386 15,002,255 100 400 526,485 8,542,414 100 400 300.000 1.350.000 200.000 50 Bid. 100 100 100 100 175 100 100 100 100 50 50 share. 140 325 275 195 250 share. 272 225 320 share. 490 300 230 200 150 350 310 290 510 1200 1230 1225 180 400 200 350 185 260 200 225 275 225 155 NBW YORK— Nationalbanks (except New York City) Dec. 31; State institutions Nov. 15 1924, Per 230 500 360 225 share. 240 [550 370 235 230 Albany— 982,935 11,593,195 First N atlonal Bank 600,000 Mech A Farmers.. 250,000 1,216,379 3,201,228 NatComrBkATrCo 1,250,000 3,188,063 36,326,980 N Y State Nat Bk. 1,250,000 2,268,263 31,697,666 669,477 10,567,680 Albany Trust C o .. 400,000 100 100 100 100 100 Auburn— Cayuga Co Nat Bk Nat Bk of Auburn. Auburn Trust C o .. 100 ......... 1 210 100 _____ 1 125 100 250 280 Binghamton— Citizens Bank_____ City National Bank First Natlonal Bank People’s Trust C o .. Per share. 200,000 200,000 150,000 340,270 3,135,503 176,219 4,046,418 373,278 6,333,654 2,194,811 5,696,954 8,469,121 7,533,096 100 100 100 100 Brooklyn— State Bankdk Tru st Co. retur ns date No Nat. banks Dec. 31. 200,000 198,367 5,279,591 200,000 83,900 1,682,900 500,000 1,117,000 16,606,100 400,000 215,728 3,707,209 200,000 434,500 3,516,700 2 ,000,000 r2,771,200 42,996,000 200,000 184,700 4,213,849 433,982! 10,182,640 400,000 1 , 000,000 1,750,100)19,919,600 424,500 7,926,800 200,000 rl92,000 4,602,500 200,000 1,500,000 3,876,130 50,643,124 500,000 4,440,131 33,301,597 5,000,000 5,315,783 117422419 700,000 r374,200 5,253,700 1.600,000 3,768,133 59,314,992 * 15; 150,000 200,000 400,000 500,000 84,541 421,802 483,203 438,113 Bank of Coney Isl’d Bushwick Nat Bank First National Bank Globe Exchange Bk Greenpoint Nat Bk Mechanics’ Bank . Montauk Bank.. . Municipal Bank_ _ Nassau Nat Bank. . People’s Nat Bank. West End Bank_ _ Brooklyn Trust Co. Kings Co Trust Co Manufact’rs’ Tr Co Midwood Trust Co People’s Trust C o .. Buffalo— Liberty Bank_____ 2 ,000,000 e2,790,626 48,139,486 Manuf A Trad Nat 2 ,000,000 2,608,606 49,591,858 People’s Bank . . . 1 ,000,000 1,111,596 24,906,152 South Side Nat Bk. 300,000 0155,083 4,988,093 Buffalo Trust C o .. 2 ,000,000 e2,254,972 53,592,083 Fidelity Trust Co . 1 .000,000 e l,769,905 26,400,030 Marine Trust C o .. 11,250,000 13,442,359 137714575 Blmira— Merchants’ Nat Bk Second Nat Bank.. Hbemung Can T Co 220 250,000 400,000 600.000 Per share. 130 300 275 200 205 170 160 120 Per share. 100 180 166 450 _ _ 200 50 175 100 185 100 100 305 100 270 100 170 100 720 100 1975 100 315 100 140 100 680 Per 100 306 100 274 100 250 100 179 100 310 100 300 100 285 705 share 315 284 205 320 310 290 Per share. /233,736 2,929,560 100 210 8,067,060 100 285 869,584 864,341 9,266,650 100 250 •Saleprice, b Paid In. k Capital to be increased, x Ex-dividend, stock, t New stock a March 20 1924. y Ex-rights. rSept. 29 1924. liquidation Nov 15 1924. [V ol. 120. NEW YORK— (Continued) Capital. Gross Surplus A Profits. Deposits. P a r. Bid Ash. New York C ity — Deposits N . Y . City banks are repo rted net and are of date Jan. 31 1925. Surplus an d profits ar e of date De c, 31 ’ 24 for National and Nov. 15 ’24 for Stat e banks. A Aiei dend re c o r d of banks and trust comp anies in N ew York Ci ty an d Broo k l y n may be found in our “ Ry. and In d ." Sec., page 224 Per share $ t $ Amalg Bk of N Y . . 200.000 142,266 d3,874,277 355 Am Exch N at Bank fl.000,000 8,246,017 105879000 100 345 Amer Union Bank495,605 83,875 d4,025,679 100 165 255" 245 Bank of America.. 6.500.000 e5,062,952 96,764,000 100 Bank of Europe___ 450.000 429,981 d8,424,186 100 183 Bank of Manhat Co 10.000. 50 178 146056000 000 13,874,609 210 Bank of U S d57 653706 100 200 2.000. 000922,069 Bk of Wash Heights 200.000 481,155 7.852.000 100 270 Berardlnl State Bk. 150.000 786,600 r828,200 Bowery Bank 250.000 917,300 4.839.000 100 550 Broadway Cent Bk 200.000 95,782 d5,197,148 100 155 Bronx Borough Bk. 150.000 552,977 d6 ,444,443 100 250 Bronx Nat Bank.. 300.000 190,600 e5,775,100 100 150 Bryant Park Bank. 200.000) 218,500 r2,150,000 100 175 Capitol Nat Bank. 2.000. e21 000!780,000 739 100 100 160 Chase Nat Bank_ 20.000. _ 000 25,461,000,415859000 100 424 428 220 Cent Mercantile Bk 1,500.000! 906,594 d l l 089699 100 210 Chatham & Phenix National Bank.. 10.500,000! 9,318,500! 165452000 100 298 303 353,900!dl3 797612 100 175 Chelsea Exch Bank 1.000.000 630' Chemical Nat Bank 4.500.000 17,024,100 132047000 100 620 Coal A Iron Nat Bk 1.500.000 1,375,100 19,223,000 100 260 Colonial Bank 1.000. 000 2,541,354 27,294,000 450 100 325 600.000 1,099,709; 12,989,000 100 300 Commonwealth Bk 100 000 1,066,527 7,024,000 220 Continental Bank- 1.000. 000 13,493,372 204781000 x455 100 Corn Exchange Bk. 10.000. 150~ 400.000 153,000 r6,423,600 100 130 Cosmopolltan Bank 1-JO.000 27,300 r l,342,700 Eastern Exch Bank 223 East River Nat Bk. 2.100.000 1,942,600 31,642,000! 100 217 250,000! 270,130 d6,379,070' Federa’n Bk of N Y 500,000! 2,704,704 26,885,000 100 1660 Fifth Avenue Bank 285 Fifth National Bk. 1.200.000 1,344,800 19,399,000 100 270 100 000 66,060,100 249424000 2700 3900 First National Bank 10.000. Franklin Nat Bank 800.000 438,000 e4,528,900 Garfield Nat Bank 100 1.000. 000 1,656,200 17,025,000 315 145 Gotham Nat Bank 1.500,000! 511,900 el7 854 400 100 135 100 Grace N at Bk of N Y 1.000. 0001 1,748,400 8,115,000 Greenwich Bank . 1.000. 0001 2,455,800 22,709,000 400 100 Hamilton Nat Bk 100 175 1.000. 000'357,100 e7,511,700 185 100,1000 1050 Hanover Nat Bank 5.000. 000 23,519,000 113980000 510 Harriman Nat Bk. 1.000. 100 000! 1,927,300 e37 166200 490 Internat Union Bk. 250.000 213,733 d3,298,797 Lebanon Nat Bank 250.0001 77,100 e l,157,500 Liberty Nat Bank 1,500,000! 620,400 e7,545,200, Longacre Bank____ 200.000 65,504 d l,784,965! Madison State Bk. 200.000 60,521 d l,526,825 Meehan A Metals I 397 100 000 15,970,200 1810500001 393 National Bank.. 10.000. 500,000! 755,700 rl4 543 100 100 415 Mutual Bank_____ Nat American Bk. . 1.000. 000549,900 e7,760,100 100 160 170 25 160 Nat Butch A Drov. 1.000. 000'277,200 6,321,000 358 100 354 000 39,761,000 335400000 Nat Bk of Comm’ce 25.000. 410 100 405 National City Bank 40.000. 000 55,297,600 744909000 465 Nat Park Bank____ 10.000. 100 455 000 23,743,800 147050000 ____ _ 600.000 340,800 rl0559900 100 160 New Netherland Bk 100 000 el,715,208 33,923,000 300 Pacific Bank______ 1.000. 115 Penn Exchange Bk. 200.000 38,289 d l,790,120: 100 105 100.000 65,023 d2,162,297 100 Peoples Comm’l Bk 480 100 000 6,100,700 el03762900 475 Public Nat B a n k .. 4.000. 440 100 Seaboard Nat Bank 4.000. 000 7,852,350 102072000 0435 120 Seventh Ave NatBk 400,000) 40,900 e4,147,600 100 100 200.000 157,100 r4,459,200 100 300 Standard Bank____ 440 State Bank_______ 3,500.000 5,134,682 96,298,000 100 420 148 144 81,618 d l,959,231 Trade Bank of N Y 200,000 195 185 503,400 el2 084 600 United N at BklnNY 1,000,000 YorkvllleBank___ 200.000 1,281,700 d33778814 100 1300 Trust Co. returns da te Nov. 15 1924. I ___ American Trust Co 2,500,000 1,589,748 35,379,562 100 000!543,351 9,953,287 Anglo-South Am Tr 1.000. 000 1 500,000 d4,509,863 Banca Com It Tr Co 1.000. 575 B k o f N Y A T r Co. 4.000. 000 12,462,026 81,883,620 100 565 428 Bankers Trust Co _. 20,000.000 26,514,016 367086017 100 423 200 750,000, 287,994 d8,353,902 100 190 Bronx Co’ty Tr Co Br’hood Locomo’ve 1 . 500,000! r252,700 1,617,000 Eng Co-Op Tr Co 720 Central Union Tr Co 12.500.000 23,610,459 254238875 100 7 l5 100 298 306 000! 3,228,864 63,834,250 Empire Trust C o .. 4.000. 100 243 246 000 ell 057464 446414159 Equitable Trust Co 23.000. 800 100 000 e l7455 617 176098951 750 Farmers’ L A Tr Co 5.000. 255 »ou 000! 2,117,738 20,783,513 245 Fidelity Inter Tr Co 2.000. 385 500,000| 926,296 12,171,861 100 360 Fulton Trust Co___ 100 325 330 000 el9 366386 621425390 Guaranty Trust Co 25.000. 244 Irving Bk Col T r. 17.500.000 el2 330 553 365840989 100 240 Italian Discount A 100 000 ^ 566,Oio' 9,514,869 Trust Co_______ 1 . 0 0 0 . 280 100 0001 6,311,716 18,986,072 270 Lawyers’ T A Tr Co 6 .000. 450 100 000 4,129,850 48,803,080 435 Metropolitan Tr Co 2.000. 413 100 408 000 19,147,840 201870906 New York Trust Co 10.000. 100 530 535 000 15,908,330 41,804,575 Title Guar A Tr Co 10.000. 500.000 215,793 d l,205,241 Trust Co of N A ___ 100 000 4,619,127 60,291,099 350 | ___ U S Mtge A Tr Co. 3.000. 1750 100 000 18,167,282 56,530,670 1730 U S T r C o o f N Y — 2.000. Jamaica, L . I .— | | I 100 200.000 307,600 7,768,100 First National Bank P er sha re Rochester— 300 Lincoln-Alliance Bk 2,000,000 2,971,371 49,515,405 100 290 222 Merchants’ Bank.. 500.000 e639,197 13,137,307 10c 218 . 128 351,421 15,555,541 100 i . Nat Bk of Roch . . 1,200,000 245 Central Trust Co_. 600.000 e520,917 15,068,769 10c 235 10 c 300 I____ _ 400.000 Genesee Vail Tr Co 10c 000 e l,744,801 38,284,831 325 I.......... Roch Tr A S D Co. 1.000. 10c 700 i 300.000 Securlty Trust Co. 10c 155 j 165 Union Trust Co_ _ 1.500.000, I Per sh a r e Syracuse— 100 167 170 ,254,023 5 City Bank Trust Co 2.500.000 100 147 155 92,946 200,000 Liberty Nat Bank. 10c 200 210 331,521 300.000 Merchants’ Nat Bk 10c 220 !225 430,901 800.000 Salt Springs Nat Bk 245,562 100 155 165 300.000 Third Nat Bank___ 230 10c 225 First Tr A Dep Co. 2.500.000 10c 220 230 Syracuse Trust Co. 1.500.000 P er sha re I Troy— 100 330 350 Manufac’rs Nat Bk 1,000,000 1,004,148 5 _____ 100 180 1 300.000 #455,527 National City Bank 10c 235 1250 /482.185 250.000 Nat St Bk of Troy. 350,672! 5C 60 I 65 300.000 Unlon Nat Bank___ 10c 305 315 240.000 /479.070 United Nat Bank.. 100 135 200.000 el78,588 Trov Trust Co . . h N ew Last sale. /Oct. 10 1924. a Sept. 30 1924 eDec.. 31 1924 t In process of c Includes foreign branch deposits. u Book value F eb ., 1925.] 61 BAJSTKS A M ) TRUST COMPANIES OHIO— (Concluded). NEW YORK (Concluded). Capital. Surplus A Cross Profits. Deposits. Par. Utica— * $ $ First Nat Bk A T r. 1,250,000 2,029,460 12,807,443 Oneida Nat Bank.. 600.000 1,071,115 5,354,337 Utica City Nat Bk. 1,000.000 302,765 5.272,381 Citizens’ Trust Co. 1,000.000 1,238,700 17,739,483 Oneida Co Trust Co 250.000 505.992 2,901,204 Utica Tr A Dep Co. 1.000,000 848,109 14,547,935 Watertown— CltyNational Bank Jefferson Co Nat Bk Watertown Nat Bk North’n N Y Tr Co Westchester Co M t. Vernon— 1st N . M t Vernon Tr Co Mew Rochelle— Nat City Bank.. North AveBank. Huguenot Tr Co. N Rochelle Tr Co Ossining— 1st Nat. Ossining Nat Bk. Ptekskill— Westches Co Nat Pleasantville— Mt Pleasant Bk. Pert Chester— 1st N Mutual Trust Co *»«— Rye Nat B k .. Tarrgtown Nat Bk. White Plains— Citizens Bank_ _ WestTltleATr Co County Trust Co r»ni«r«— First Nat Yonkers Nat Bk A Trust Co_ _ Westches’r Tr Co Yonkers Trust Co Bid. Ask. Per 280 235 80 240 share. 290 245 85 250 100 100 100 100 100 100 260 200,000 500,000 200,000 400,000 31,266 551,632 237,842 884,791 1,670,866 4,734,136 4,054,604 9,152,576 100 100 100 100 200,000 350.000 755,765 8,969,507 580,596 13,481,579 Norn. _____ l 275 225 325 Per 270 prices 125 285 235 350 share. 100 100 400,000 150,000 250.000 200.000 100.000 100,000 100,000 356,858 88,739 176,218 477,515 0163,140 161,516 10,794,263 2,214,799 4,281.806 7,680,483 1,056,443 2,428,465 406,265 6,683,507 100 100 100 140 100 100 100 145 50 100,000 200,000 300,000 100,000 100.000 157,896 221 381 209,367 0161.830 ”228,983 2,518.810 4,821,819 4,081,408 2,672,590 2,158,213 100 100 120 100 100 150,000 600,000 200,000 300,000 6227,384 6858,480 465.642 406,015 4,987,088 3,132,407 7,735,871 8,612,615 100 100 100 50 200,000 300,000 350.000 0162,829 5,103,141 '763,812 9,577,780 124,532 5,337.755 100 100I 250 130 — NORTH CAROLINA— Nat. banka Dec. 31; State institutions Dec. 31. Charlotte— Charlotte Nat Bank 375,000 Commercial Nat Bk 500,000 First National Bank 300.000 Mer A Farm N Bk. 200,000 Security Says Bank 100,000 Dnlon Nat Bank___ 200.000 American Trust Co 1.200.000 Independ’ce Tr Co 1.000,000 502,076 636.587 735,730 493,545 e2,139 314,877 812,806 0780.933 4,446,324 2,886,274 1,657,368 2,889,548 302,312 2,964 ,<248 15,120,412 4,706,092 100 100 100 100 100 100 100 100 Per 230 230 270 310 Clo 300 147 181 sed 825 150 182 Durham— Citizens’ Nat Bank Fidelity Bank_____ First National Bank Home Savings Bank Merchants’ Bank. 0125,306 844,075 520,971 090,000 134,202 1,611,664 6,779,569 5,006,050 1,200,000 1,547,765 100 25 100 25 50 180 215 180 48 105 185 50 110 100,000 100.000 600,000 100,000 100,000 Greensboro— Atlantic Bk A Tr Co 1,250,000 777,784 8,052,296 Qreensboro Bk A Tr 400.000 233,439 3,231,334 Raleigh— Citizens Nat Bank. 300,000 164,188 4,911,546 Oomm’l Nat Bank. 301,500 8,161,675 600,000 Raleigh BkgATrCo 100,000 0132,395 1,412,602 Wilmington— Murchison Nat Bk. 1,000,000 01,195.765 9,853,702 People’s Sav Bank. 65,000 nl76,064 2,096,981 Wilm Sav A Tr Co. 300.000 0425,000 4,300,000 Winston-Salem People’s Nat Bank. 050,200 1,920,000 150,000 Wachovla Bk A Tr 2,175.000 1,407,348135,961,541 NORTH DAKOTA— Fargo— Dakota Nat Bank. Fargo National Bk. First National Bank Merchants Nat Bk. Security Nat Bank. Northern Trust Co. 100 168 100 150 Per 100 165 1.00 130 100 195 Per 100 200 25 105 50 175 100 100 share. 240 185 168 160 share. 175 135 210 share 205 125 J200 Nat. banks Dec. 31; State institutions Dec. 31. 150.000 50,000 300.000 100.000 100,000 100,000 OHIO— National banks Dec. 31; Akron— Central Sav A T r._ 1,000,000 Commercial S A Tr 250,000 Depositors Sav A Tr 325.000 Dime Savings Bank 200,000 Ohio State Bk A Tr 500,000 Standard Sav Bank 100,000 Firestone Pk Tr A SB 200.000 First Trust A S Bk. 1.500,000 Canton— Cent Sav B A T Co. 200.000 Dime Savings Bank 500,000 First National Bank 500,000 Cincinnati— Atlas Nat Bank___ 400,000 Brighton Bk A Tr Co 500,000 Brotherhood of Rv Clerks Nat B k .. 200,000 Cinn Bk A Tr Co._ 150,000 Citzns’ NBkATrCo 2,000,000 Columbia B A 8 Co 100.000 Cosmop Bk A Tr Co 350,000 East End Bank____ 50,000 First National Bank 6,000.000 Lincoln Nat Bank. 500,000 North Side Bank.. 100,000 Pearl Market Bank 400,000 5th-3rd Nat-Un Tr. 3,000,000 People’s Bk A Sv Co 200,000 Prov 8 Bk A Tr Co 1,500.000 Second Nat Bank.. 1,000.000 250,000 SoOhio8BkATrCo. 8tock Yards Bk___ 100.000 Wash Bk A Sav Co. 250,000 Western Bk A Tr Co 1,000.000 Fourth A Cen Tr Co 2,000,000 Union Trust Co___ 1,000,000 79.804 1,436,616 58,837 740,210 278.048 7,799,201 111,023 2.197,415 26.069 1,529,282 55,432 818,925 Per share. 100 100 100 14,626,948 4,906.169 7,957,390 3,148,462 8,612,285 383,963 3,956,679 24,338,137 0114,769 3,858,444 230,767 4,909,879 1,130,428 10,194,912 1,152,563 7,572,488 357,092 13,367,866 100 100 100 100 100 100 100 100 Cleveland— Amer Sav Bank Co Broth’d of Loc Eng Co-Oper Nat Bk. Cent N B,S A Tr Co Clev Sav A Loan Co Lorain St Sav A Tr Midland Bank____ National City Bank Pearl St S A T C o .. United B k A T r Co. Cleveland Trust Co Guardian Sav A Tr $ 100,000 1,000,000 1,800,000 250,000 400,000 2,000,000 2,000,000 1,500,000 1,500,000 8,600,000 4,000,000 1,000,000 State Bkg A Tr Co. 750,000 900,000 Union Sav A L Co Union Trust Co___ 22.250.000 — Per *225 175 250 180 130 90 160 240 share. 290 200 140 95 175 250 100 150 100 200 100 325 Per share. 100 370 100 525 54,733 2,856,982 213,350 3,521,256 1 5 230 6 2,200,228 10,593,494 100 205 277,853 2,320,129 10 45 299.303 7,029,651 100 150 58,429 694,642 100 160 4,804,364 43,122,101 100 275 1,038,920 9,376,994 100 280 228.020 2,569,013 50 140 417,993 7,460,423 100 155 2,506,539 41,560,908 100 285 290,087 4,482,179 100 250 1,705,393 25,156,166 10 36 827,310 7,759.327 100 165 283,735 4,528.843 100 225 197,543 1,023,116 100 225 110,818 2,337,512 1,297,674 15,371,597 ioo 270 2,577,772 19,431,089 100 204 4,014,876130,906,033 — — 250 215 50 165 175 280 300 175 170 295 300 37J4 175 Cross Surplus A Profits. Deposits. Par . $ $ 0241,273 3,431,485 0346,914 3,158,202 0288,089 496,931 763,321 1,050,685 838,439 e979,814 5,058,414 5,234,305 280,688 405,605 e763,243 12,556,587 25,493,587 36,736,639 2,887.310 8,157,984 22,770.509 18,000,317j 21,681,610 20,624,454 207715408 1030458041 3,160.317 13,690,655 3,267,969 258400643 Columbus— 031,627 1,251,244' Brunson Sav Bank. 100,000 654,432 21,713,489 Citizens’ Tr A Sav 1,500,000 555,040 6,261,109 300,000 City National Bank 70,094 2 916,201 500,000 Columbus Nat Bk. elOl ,820 1,288,640 50,000 Columbus Sav Bk Commer’l Nat Bk. 600,000 1,035,060 9,284,736 090,685 1,788.875 100,000 Fifth Ave Sav Bank Huntington Nat Bk 1,500,000 1,503,161 19,179,113 250,410 3,347,322 Market Exch Bank 100,000 678,671 4,663,214 Nat Bk of Com’ce. 300,000 e35,471 1,024,822 100,000 623,312 8,907,998 First Nat Bank____ 500,000 Ohio National Bank 1.000,000 2,209,394 17,459,403 Dayton— City National Bank 400,000 Dayton Nat Bank 300,000 Merchants’ Nat Bk A Trust Co_____ 200,000 400,000 Third Nat Bank___ Winters Nat Bank. 1.000,000 City Tr A Sav Bank 200.000 600.000 Dayton Sav A T Co Toledo— Com Sav B A Tr Co Dime S BkA TrCo First National Bank ComGuardTrASav Home Bank A Tr Co Mer Sav Bk A Tr Co Ohio S Bk A Tr Co. Peoples State S Bk. Secur S B A Tr C oSpltzer-R T A S Bk Toledo Trust Co. _ Union Savs Bank.. 200,000 300,000 500,000 1.400 000 1,000,000 150,000 1.000,000 150,000 577,700 300,000 5.000,000 250,000 250,000 0437,143 6,200,000 0220,796 3,507,705 0178,000 0392,433 508,529 el20,153 737,664 3,800,000 3,899,790 7,564,445 6,244,333 16,824,966 420,317 12,411,643 e344,443 8,585,354 1,560,396 9,161,038 el,097.348 22,633,155 475,569 8,007,962 362,227 2,470,565 2,119,134 33,573,771 e80,427 2,046,296 e607,209110,286,097 350,260 3,246,855 3,379,737 27,881,828 411,077 1,773,632 e409,921 1,655,307 Youngstown— 17,837 756,996 Central Bank Co . . 150,000 813,534 8.800,038 City Tr A Sav Bank 600,000 691,040 5,805,593 Commer’l Nat Bk. 500,000 Dollar Sav A Tr Co 2.500.000 2,074,185 16,359,281 First National Bank 2,500,000 2,191,445 16,725,807 464,364 3,550,595 Mahoning Nat Bk. 1,000,000 159,193 1,895,449 Mahoning Sav A Tr 150,000 20,000 645,246 200,000 Second Nat Bank.. 849,611 54,558 South Side Sav Bk 100,000 Bid. lit. Per share 100 330 100 100 100 100 100 100 100 100 100 100 140 265 138 245 143 170 225 256 _____ 227)4 160 146 146 250 250 100 179J4 100 153 200 100 250 257 100 100 too 100 100 100 100 100 100 100 Per share. 158 295 109 200 305 300 264 340 325 270 375 340 ioo 285 100 365 295 375 161 310 113 315 Per share. 100 a 250 255 100 150 160 100 147 100 180 100 140 too 100 230 100 50 100 100 100 100 too too 100 100 100 150 185 150 235 Per share. 280 225 336 170 150 340 300 150 210 220 165 100 245 100 100 100 100 100 100 100 100 too Per 80 225 220 196 196 170 125 110 118 share. 92 235 198 198 175 120 126 OKLAHOMA— National banks Dec. 31; State institutions June 30. Quthrie— 1 00 ,ooc First State Bank Security State Rank 50,000 25,000 McAlester— City National Bank 100 O C O 50,000 100,000 Muskogee— Commercial Nat Bk First National Bank Muskogee SecNatB — State institutions Dec. 31, 647,958 276.410 778,567 227,704 605,474 26,485 162.992 1.509,865 Capital. 250,O C O 500.O C O 200,000 Oklahoma CityAmerican Nat Bank 1.000.00C Farmers’ Nat Bank 200.O C O Fidelity Nat Bank. 300,O C O First Nat Bank____ 1,000.O C O Liberty Nat Bank 600.O C O Oklahoma Nat Bk. 250,O C O 500 O C O Tradesmens Nat Bk 500.000 Tulsa— 1 000,O C O 2 000 000 l non ooo Nat Bk of Com’erce 200,000 Producers Nat Bk 250,000 Security Nat Bank. 500,000 68,846 2,753,607 10,253 1,002,816 3,374 360,073 ! 026,175 1,772,719 el0,802 420,528 033,000 1,657,391 1 0181,901 5,160,501 163,391 7,527,957 054,940 2,670,433 320,637 51,466 65,469 309,758 128,402 26,685 300.095 100,150 Per •hare. IO O 100 100 Per share 10C 100 ioo Clo sed Per 10C 200 1 (J 300 0 100 125 20,127,628 4,972,734 6,039,924 22,017,589 7,353,484 3,074,081 12.303.809 6,191,077 10C 10C 10C 10C 10C 10C 10C 100 315.206 9.170 561 564,897 33,482 250 275.468 15.548 494 100,000 3,398,085 50,38C 4.319,476 160,341 j 4,136,592 share. 225 325 175 Per share. 200 175 200 250 200 250 200 IO C 100 100 225 250 j OREGON— National banks Dec, 31; State institutions Dec. 31. Per share. Portland— 1 100.O C O 21,335 ! 1,263,056 10C ______ 118,211 1 3,256,764 100 200 210 Can Bk of Com’ce. 300.000 185 72,355 2,978,566 10C 170 Citizens Bank_____ 200,O C O 210 First National Bank 2,500.O C 1,179,189 35,500,366 10C 200 O 527,777 10C ______ 15,941 100 O C O 203,496 6,558.454 100 175 190 Hibernia C A Sav B 200.000 350 Ladd A Tilton B k .. 1,000,O C 1,670,271 23.300.90S 10C 300 O 1,285 349,41S 101 ______ 135 Live Stock State Bk 100,O C O 150 499,317 21,256,416 10 N ’westem Nat Bk. 2,000,O C C 135 O 51,309 2,049,675 IO 125 138 Peninsula Nat Bank C 200.O C O 33.797 1,813,501 Portland Nat’l Bk. 200,000 230 375 United States N Bk 1.800.000 2,289,532 35,937,595 toe 325 115,899 2.981.33S lot 150 175 300 West Coast Nat Bk 300,000 C 404,32C 3,918,200 10 d. . . . ____ 205 Security Sav A T r . 500,O C O 51,301 2,390,477 100 125 Lbrmen’s Tr Co. Bk 200.000 — • Sale price, a Includes City Trust A Savings Bank. 6 Sept. 29 1924. ANew stock, k Capital to be Increased. • Amount paid in. s Exdividend. I Last sale, d Sold with First National Bank. « June 30 1924. c Includes Oneida County Trust Co. t Includes trust deposits, t Includes Union Savings Bank A Trust, t Nov. 15 1924. » Mar. 31 1924. g Oct. 10 1924. BANKS AND TBTJ8T COMPANIES 62 PENNSYLVANIA— Nat. b it. (ete.Phila.) Dec. 31; State inst. Dec. 31. Capital. Surplus dk Profits. Cross Deposits. P a r. Bid. Per Allentown— $ $ $ yientown Nat Bk. 1.000,000 1,123,498 7,929,262 100 235 Merchants Nat Bk. 400,000 1,267,633 5,886,534 100 566 Hldge Avenue Bank 50 140 50,000 ®72,i26 1,219,490 300,000 1,038,627 5,675,470 100 680 facond Nat Bank.. 200,000 30 87 Allentown Trust Co 249,774 2,101,565 25 120 250,000 Citizens Trust Co . . 2 //,2 3 9 2,605,435 50 350 ILehigh Vail Tr Co. 500,000 e723,954 4,138,985 50 90 800,000 e200,033 2,002,327 ?enn Trust C o------ Per 3,176,227 100 d ____l 3,205,943 100 d ____l 500 1,988,845 100 __ __ l 200 2,252,331 100 275 . 1 210 1,831,790 100 d 60 57 30 2,088,705 Altoona— first National Bank flecond Nat Bank.. Onion Bank.. Altoona Trust Co . . Central Trust Co_. Mountaln C’y T Co 150.000 100,000 188,900 250,000 243,400 162.962 Erie— Bank of Erie Tr Co first National Bank Marine N at Bank. . People’s Bk A Tr Co Second Nat B ank.. Cent Tr & Title Co. Erle Trust Co-------fecur Sav A Tr Co. Per share. l 175 128,000 142,450 1,597,134 100 400 300.000 1,212,340 8,008,178: 100 400 l 215 300.000 641,241 7,000,269! 100 l 205 200.000 20S.263 4,414,337 100 800,000 991,824 12,041,246 100 250 151,100 e64,354 1,493,372; 100 ......... I 130 325 400.000 857,546 7,593,568 100 337}* 200.000 e641,051 4,871,8841 100 Harrisburg— East End Trust Co. Harrlsburg Nat Bk Merchants’ Nat Bk Central Trust C o .. Commercial Tr Co. Commonw’lth TrCo Dauphin Dep Tr Co Harrisburg Tr C o .. Security Trust Co 'Tnton Trust Co._ Per 200,000 e71,600 1,614, 300 300.000 657,773 3,772, 385 100.000 1381,290 1,380, 126 100 250.000 e440,806 1,885, 990 25 125.000 e96,292 1.090. 862 50 750.200 1,702,452 6,563, 246 100 _____ l 300.000 572.359 4,210 231 100 400.000 800,799 3,714 5281 100 286,010 el <2,2/5 1,336 588 10 250.000 e226,9<6 2,860 292 100 175 72 470 172 85}* 425 280 325 17 155 cancaster— Conestoga Nat B k. Pulton Nat Bank.. Lancaster Co N Bk PeoDle’s Nat Bank. Agrlcul Tr A Sav__ Farmers’ Trust Co. Quaranty Trust Co Lancaster Trust Co Northern Tr & 8 Co People’s Trust Co. . Union Trust Co — Per 200,000 <718,725 3,939,018 100 380 200,000 <325,588 3,123,445 100 50 300.000 671,947 2,652,717 200.000 312,459 1,864,764 100 25 263,125 35 e67,263 1,573,950 225.000 1,135,073 6,564,922 50 300.000 184,058 1,138,356 100 130 50 250.000 1,589,999 9,059,971 200.000 e544,333 3,366,082 50 50 230.000 460,654 3,076,263 300.000 e221,442 3,292,684 100 share. 395 230 }* 141 270 38 310 131}* 340 160 166 205 Philadelphia— 483,925 <483,470 el91,640 e529,401 e281,430 e22S,785 Deposits oj National American Bk A T r. 3k of No AmerA Tr Bk & Tr Co of W Phil Broad St Nat Bank Centennial Nat Bk. Central Nat Bank. Corn Exch Nat Bk. Drovers & Mer Nat Bank __________ East Falls Bk & T r. Eighth Nat Bank.. first N ational Bank Fourth St Nat Bank Franklin Nat Bank Girard Nat Bank.. Kensington Nat Bk Manayunk Nat Bk. Market St Nat Bk. Middle City Bank. Nat Bank of Comm Nat Bk of Qerm’t’n Nat Bk of No Phlla Nat Security Bank. Northern Nat Bank Northwestern N Bk Overbrook Nat Bk. Olney Bank Sc T r._ Oxford Bank A T r. Penn National Bk. Peoples Bk A TrCo. Philadelphia Nat Bk Quaker City Nat Bk Second Nat Bank— Sixth Nat B a n k ... Southwark Nat Bk. B’western Nat Bank Tenth Nat Bank. Textile Nat Bank Third Nat B a n k ... Tradesmens N at Bk Union Nat Bank . . . West Phlla B an k.. Aldlne Trust Co— Belmont Trust Co. Broad Street Trust Cent Tr A Sav Co. Chelten Trust Co__ Colonial Trust Co. . Columbia Av Tr Co Columbus Title A Tr Com’lth T Ins A Tr Cont-Eq T A T Co. Empire Tit A Tr Co Excelsior Trust-----Federal Trust C o .. Fidellty Trust C o .. Finance Co, 1st pref 2d preferred-------Frankford Trust Co Franklin Trust Co. Germantown Tr Co Qlr’d Av T A T Co banks date Feb 50 300.000 358,115 3,428,213 8.000.000 5,919,622 52,466,646 100 250.000 160,046, 2,358,678 50 375.000 284,483 cl,989.518 300.000 906,229 6.793.000 100 1.250.000 5,258,446 32.196.000 100 2.200.000 6,174,881 58.690.000 100 800.000 175,779 c2,505,973 125.000 128,513 1,085,456 275.000 1,610,000 6.363.000 1,500,000 3,551,008 41,896,000 3.000. 000 9,189,119 05,204,000 2.000. 000 5,832,358 60,893,000 2,000.000 8,458,884 67,477,000 350.000 763.628 6,424,000 200.000 916,118 c5,782,982 1.000,000 2,818,990 22,357,000 300.000 113.629 2,651,319 800.000 477,323 c7,579,241 200,000 1,100,184 c8,461,701 500.000 238,527 c3,434,736 250.000 2,026,390 9,216,000 400.000 620,908 7.943.000 200.000 1,144,714 6.675.000 300.000 23,631 c2,645,874 250.000 318,199 5,342,467 397,876 4,157,630 500.000 1,000,000 3,317,032 14.315.000 1,000,000 353,459 12,621,011 8.000,000 11,966,289 120875000 803,356 5.525.000 800.000 280,000 1,076,555 cl0559,068 638,582 6.375.000 300.000 920,187 9.917.000 500.000 222,438 2.025.000 200.000 643,868 5.830.000 800,000 440.884 5.133.000 400.000 1.000,000 1,489,875 10.802.000 1,000,000 2,711,345 17.278.000 1,000,000 1,382,732 18.759.000 250.000 d183,758 3.113,894 1,000.000 1,131,970 4,093,575 192,343 2,642,916 187,500 170,392 1,574,310 250.000 750.000 1,220,576 12,280,374 276,469 4,059,988 300.000 735,969 9,524,831 500.000 753,406 5,726,231 400.000 56,633 1,428,525 125.000 1,451 575 3,479,382 10,714,926 1,000,000 1,814,613 12,869,939 100,508 1,580,584 221,225 435,221 4,938,162 300.000 322,989 5,085,253 200.000 5.200.000 17,735,570 51,450,679 a l,470,000 3,665,279 1,091,974 a l.530,000 756.884 7,584,897 230.000 1.500.000 2,081,567 21,834,363 1.000,000 1,698,111.15,658,741 337,114 3,867,979 200.000 100 50 100 100 100 100 100 50 100 100 50 100 50 100 100 100 100 50 50 100 50 100 100 100 100 100 100 100 100 100 100 100 50 100 50 50 50 100 50 100 100 50 50 50 100 100 /100 \100 50 100 100 50 2 PENNSYLVANIA— (Concluded). Captlai. Ash. 245 600 155 700 92 130 360 95 sh a re. 19 25. Per share. 72 290}* 75 180}* 400 518 420}* 150}* 100 631 270}* 395 561}* 579}* 135}* 613 295 69 171 315}* 143}* 771 250 542 112 154 100 440}* 85 406 204 501 235}* 238}* 175 238 170 295}* 290 225}* 3003* 81}* 76}* 150 151}* 145}* 310 403 190 39}* 150 175 576 122 106 180 283 342 187 [Vol. 119. Phlla.— (Con.) Girard Trust Co___ Guar Tr A S D Co. HaddingtonTATCo Hamilton Trust Co Holmesburg Tr C o. Indus’l Tr, T A Sav Integrity Trust Co. Jefferson T A Tr Co Kensington Tr Co. Land Title A Tr Co Liberty T A Tr Co. Market St T A T Co Manayunk Trust Co Metropolitan Tr Co Mutual Trust C o .. Ninth Bank A Tr Co Northern Cent Tr. N orthem Trust Co. N ortheast-Tacony Bank A Trust___ Northeast’n T A Tr No Phlla Trust Co. Nor Western Tr Co Parkway Trust Co. Pelham Trust C o .. Penn Co for Insur on Lives A Gr An Penn W ’h’gASD Co Philadelphia Tr Co. Phoenix Trust Co._ Provident Trust___ Real Est Tr Co.com do do _pref Real Est T I A T r._ Republic Trust Co. Richmond Trust Co RoxPorough Tr Co. Southwark T A T r. Tacony Trust Co._ Tioga Trust Co____ United Sec L I A T . West End Trust Co West Phlla TAT Co Surplus d k Cross Profits. Deposits. Par. $ 2,500,000 1,000,000 125,000 200,000 125,000 500,000 750,000 200,000 500,000 3.000,000 500,000 500,000 250,000 500,000 451,200 750,000 400,000 500.000 $ 10,656,699 843,535 169,230 293,877 116,049 1,934,253 3,536,848 38,630 1,071,978 12,546,483 659,004 1,317,570 385,664 200,572 266,882 1,819,707 148,936 2,946,728 250.000 200.000 500,000 150,000 125,000 150,000 3,964,990 1,000,000 1,000,000 300,000 2,000,000 1,319,600 1,890,100 2,000,000 500,000 139,200 150.000 125.000 150.000 125.000 1,000,000 2,000,000 500.000 Bid. Per $ 54,905,691 100 _____ l 11,075,728 100 ......... 1 3,124,502 100 ......... 1 3,857,266 100 _____ J 1,522,410 50 ......... 1 10,584,036 50 _____ l 15,096,194 50 _____ l 1,259,131 50 _____ I 12,153,852 50 _____ l 21,567,416 100 _____ l 5,771,262 50 _____ I 12,658.857 50 ......... 1 3,004,786 25 ......... I 2,554,527 50 ......... J 5,501,088 50 _____ l 14,983,470 100 _____ r 2,733,823 50 _____ i 11,884,701 100 _____ i 113,302 1,090,881 63,256 1,720,675 855,243 8,628,689 964,527 10,011,074 84,006 1,437,567 217,373 2,325,068 50 50 50 100 100 _____ i _____ i _____i _____ i _____ i A t* share. 917 163 177}* 171 85}* 251 335 65 60 V * 675 183 278 90 64}* 90 400}* 72}* 615 62 225}* 326 135 180 17,465,210 55,559,698 100 ......... i 645 832,870 372,876 50 _____ i 100}* 6,008,408 23,542,352 100 _____ i 680 74,489 941,243 60 _____ i 42}* 8,517,306 14,997,816 100 _____ i 616 1,282,503 6,462,147 \100 _____ i 110 /100 _____ i 120}* 4,193,723 1 9,577,971 100 _____ i 550 328,056 4,081,975 50 _____ i 100 1,7641 1,067,091 180,999 2,305,705 5 0 ......... I 125}* 220 184,786 1,174,642 1 0 270 238,994 1,975,076 100 112 123,047 2,412,370 50 170}* 1,099,136 6,005,472 100 220 2,254,037 16,630,252 100 210 910,474 7,759,233 50 State Insti tutions i Dec. 31 1924. I el97 516 3,146,777 50 e92 694 2,007,465 59 212 1,149,672 e704 037 4,053,182 ' 240 e339 945 1,528,478 4,893 929 51,659,132 000 e215 371 2,511,344 86 704 996112,239,992 819 282 9,221,571 ' 1,591 319 14,821,828 ' 50, 1,406 851111,430,124 100 2,158 487119,202,407 100, 263 957:38,303,223 870 050 8,530,410 ioo; 200 1,000 350 8,643,807, 50,------4,052 000 ,393,47,462,037 1,056 ,659112,150,442 190 ,125 2,464,512 50 100 <228 ,560! 2,155,000 io o ,-- -7,305 000 ,196 63,316,711 100 257 264 ,888l 5,029,409 734,522 100 e l,087 ,703! 217 ,873' 2,328,744 el54 ,280 3,508,286 504 ,358 3,880,169 1,185 ,604 8,742,087| e311 ,643 1,478,389, 271 ,984; 2,400,518 5,561 ,735.153927 759 Pittsburgh— Allegheny Val Bank 100,000 All Nations Dep Bk •75.000 Am State Bk of Pitts 200,000 Anchor Sav Bank.. 150.000 Arsenal Bank_____ 100.000 137}* Bank of Pittsb, N A 3.000. Bk of Secured Savs. 125.000 Braddock Nat Bk__ 500.000 Citizens Sav Bank. 150.000 City Deposit Bank. 200.000 Columbia Nat Bank 600,000 400 600.000 Diamond Nat Bank Dollar Savings Bank 2,003,343 Duquesne Nat Bk. 500.000 89 Exchange Nat Bank 750.000 Farmers Dep N a t.. 6.000. Farmers Depos Sav 500.000 Fifth Avenue Bank 100.000 First N Bk of Blrm. 100,000 First National Bank 5.000. Fourteenth St Bank 200,000 Freehold Bank____ 200,000 Highland Nat Bank 200,000 Homew’d Peop Bk. 100,000 Iron A Glass Dol Sav 172,700 Keystone Nat Bank 600,000 Manufact’rs Bank. 100,000 Marine Nat Bank.. 300.000 Mellon Nat Bank.. 7.500.000 Metropolitan Sav 10,545 Bk A Tr Co____ 200.000 2,290,000 Monongahela N Bk 1.000. 000 521,862 Nat Bank of Amer. 200,000 Ohio Valley Bank - . 100,000 el62,312 314,359 Pennsylvania N Bk 200.000 Penn Savings Bank 100,000 el74,179 33,694 Pittsb State Bank. 100,000 Second Nat Bank.. 300.000 1,143,450 401,285 _ Thlrd Nat Bank_ 500.000 Union Nat Bank_ _ 2.000,000 5,546,946 Union Savings Bk. 1.000,000 1,764,618 482,211 Western S A D Bk. 250.000 857,893 Allegheny Trust Co 700.000 e76,599 Bloomfield Tr C o .. 125.000 Colonial Trust Co. 2.600.000 4,271,292 Com’wealth Tr Co. 1.500.000 1,552,111 Contlnental Tr Co 450.000 e344,088 Dollar Sav A Tr Co 1,000,000 e l,600,832 278,126: East End Sav A Tr 250.000 Farmers Depos T r. 1.320.000 e588,728 Fidel Title A Tr Co 2,000,000 5,915,359 274,513 Franklin Sav A Tr. 175.000 Hazlew’d S A T Co 165,400 el98,737 232,964 Hill TopS AT C o .. 150.000 Manchester Savings 284,519 250.000 Bank A Trust Co 78,781 125.000 Merch Sav A Tr Co e72,095 200.000 Metropolitan Tr Co 353,490 Oakl’d Sav A Tr Co 300.000 Peoples Sav A Trust Co of Pittsburgh. 3,000,000 8,081 268 20,812,692 283, 635’ 2,341,390 250.000 People’s Trust C o .. Pittsburgh Tr C o .. 2,000,000 2,559 728 15,716,815 500.000 e462 462j 5,313,947 Potter Title A TrCo 197 000 1,362,438 150.000 Provident Trust Co 130 000 4,492,304 400.000 Real Est S A Tr Co 190 190 1,773,249 125.000 South Hills Tr C o._ 400.000 e504 931 5,568,154 Penn T rC o _______ 530,067 . 65 ,785 125.000 Terminal Trust Co. Union Trust Co___ 1.500.000 44,508 ,713 134970 219 350.000 1,264 ,221 7,682,841 Washington Tr Co. 125.000 e543 ,446 4,209,123 West End S B A Tr 125.000 el41 ,937, 1,385,080 William Penn Tr Co Workingman's Sav 100.000 el,667,296 12,286,479' 50 625 825 Bank A Trust Co •Saleprice, a Capital paid In; authorized amount Is larger, b Capital to be Increased, d Last sale a year ago. * June 30 1924. *Ex-dlv I Last sale, a Includes Ninth T .A T.Co. h New stock, r Sold with Ninth Nat. Bank, n Nominal, t Oct. 10 1924. e Sept. 19 1924. eDec. 31 1924. F eb., 1925.] TENNESSEE— National banks Dec. 31; State institutions Nov. 12. PENNSYLVANIA (Concluded).— State Banks Dec. 31. Capital. Reading— farmers’ Nat Bank Keystone Nat Bank National Union Bk Penn Nat Bank_ _ Reading Nat Bank. Second Nat Bank.. Berks Co Trust Co. Colonial Trust Co. Pennsylvania Tr Co Reading Trust Co. Scranton— Bosak State Bank. . County Sav Bank. . Electric City Bank. first National Bank Green Ridge Bank. Keystone Bank____ North Scranton Bk Providence Bank.. Peoples Sav A Dime Bank Tr Co____ South Side Bank___ Third Nat Bank_ _ Traders’ Nat Bank. _ Union Nat Bank_ West Side Bank.. Anthracite Tr C o .. Lincoln Trust C o .. Wilkes-Barre — rMmeBkTitATrCo First National Bank danover Bk A T r._ Miners’ Bk of W -B. P ennB kA TrCo _ Second Nat Bank.. So Side Bk A Tr Co Union Sav Bk A Tr W-B Dep A Sav Bk Wyoming Nat Bank Wyoming Val Tr Co Williamsport— first National Bank Lycoming Nat Bk. West Branch N Bk. Williamsport N Bk. NorthernCentral Tr Co______________ •usq Trust Co York— Central Nat Bank. Drov A Mech N Bk first National Bank Western Nat Bank. York Co Nat Bank. York Nat’l Bank.. Citiz Savs & Tr Co. Gluar Tr Co of York York Trust C o ___ 63 B A M S AND TRUST COMPANIES Surplus <t Deposits. Profits. $ 400.02C 100.000 200.000 390,000 500.000 300,000 750,000 300,000 1,000,000 300.00C $ c1,297,654 355,971 997,558 832,854 c l,467,878 1,009,232 801,581 279,367 2,089,389 1,280,228 $ 6,818,784 1,361,211 2,518,842 5,807,272 8,952,003 2,475,687 6,249,353 3,209,787 12,246,458 2,674,235 30 10C 25 100 100 10C 10 10 10C 100 419,629 200,000 400,000 /598.34C 80,000 /128,175 1.300,000 3,073,841 /65.174 50,000 125,000 /149.471 200,000 /160.813 75.000 /166.813 5,363.101 7,105,118 1,424,220 31,612,470 698,585 1,277,177 2,754,061 1,552,424 50 100 50 100 50 50 5 (1 50 1.090,000 1,410,735 15,510,185 200,000 /257,467 2,692,503 400.000 1,360,620 9,241,867 972,647 10,131,302 500,000 310,495 3,468,253 500,000 120,000 /307.309 2,787,513 850,000 Z272.647 3,740,379 500,000 /275,478 2,475,233 100 50 100 100 100 50 50 100 Par. 50 200,000 /320.046 3,041,536 911,389 7,573,752 100 375,000 125,000 /140.207 1,292,744 50 50 2,000,000 4,257,017 17,860,683 265,861 2,492,222 100 200,000 1.000,000 2,638,838 11,314,683 100 107,616 1,834,840 50 125,000 101,156 1,507,507 100 250,000 625,894 5,296,726 50 300,000 939,823 5,031,118 50 500,000 50 350.000 1,250,000 6,309,843 300,000 c548,500 3,795,157 200,000 c417,861 1,277,384 500.000 c2,025,938 5,423,697 250,000 c350,000 1,000,000 100 100 100 100 Bid. Ask. Per 150 423 140 390 395 390 32 18 440 300 Per 160 390 110 share. 155 420 145 400 400 395 35 20 455 310 share. 175 405 135 110 175 160 600 410 415 184 495 505 475 170 140 180 185 Per share 165 285 300 105 108 158 163 225 230 315 320 105 no 145 150 275 300 142 137 205 215 Per share. 275 375 300 300 525 530 235 235 Capital. Surplus d k Cross Profits. Deposits. P a r. Bid. ill Chattanooga— $ $ 3 Amer Tr A Bkg Co. 549,679 2,613,217 500,000 Chattanooga i? Bk. 750,000 436,544 5,225,064 First National Bank 1,000,000 1,100,172 16,953,758 First Tr A SavBank n91,755 1,131,303 500,000 Hamilton Nat Bank 1.500,000 831,284 12,653,878 Hamilton Tr & S B . 250,000 0166,461 3,487,020 100 100 100 100 100 100 Knoxville— City National Bank 600,000 East Tenn Nat Bk. 1,000,000 East Tenn Sav Bk. 200,000 Holston Nat Bank 500,000 Third Nat Bank___ 300,000 Union Nat Bank___ 500,000 Per share 100 ......... 1 225 100 _____ l 230 100 100 180 100 200 165 100 c576,889 n756,765 n.73,348 c334,125 259,249 202,798 10,581,612 6,306,532 2,840,651 3,013,228 1,786,715 5,409,442 Per shore Memphis— Bank of ComAT Co 3,000,000 2,504,644 33,890,984 100 Cent State Nat Bk. 600,000 658,005 10,195,408 100 Columbia Sav Bank 43,941 689,936 100 100,000 First National Bank 775,519 8,194,696 100 500,000 Amer S B A Trust 119,750 2,001,408 100 100,000 Fidelity BkATr Co 1,000,000 6100,000 1,121,274 Liberty S Bk A Tr. 165,251 3,716,082 ioo 200,000 Man Sav Bk & Tr 230,521 4,020,447 100 150.000 Solvent S Bk & Tr. 722,977 100,000 100,000 10 State Savings Bank 75,004 1,391,380 100 50,000 Union & Planters’ Bank & Trust Co 2,500.000 257,415 32,402,634 100 Nashville— American Nat Bank 1,500,000 1,218,348 19,061,481 American Trust___ 500,000 0223,739 4,541,656 Broadway Nat Bank 275,000 4,088,759 300,000 Central Nat Bank. 112,783 2,003,254 300,000 Commerce-Union Bk 500,000 n304,637 5,495,812 0167,541 6,637,051 Fourth* IstB AT Co 420,000 Fourth A First N B 1,400,000 1,628,816 19,238,497 Tennessee Hermitc75,652 1,300,937 age Nat Bank _ 300,000 Nashville Trust Co 350,000 n461,440 3,733,930 100 100 100 100 100 100 100 Per 350 250 160 275 275 95 215 550 8 300 110 Per 1300 300 250 145 182 280 280 100 100 100 245 TEXAS— National banks Dec. 31; State institutions Dec. 31. Austin— , Per 1 American Nat Bank 727,294 8,406,896 1 0 0 ______ 225 300,000 300,000 Z424.678 3,373,105 100 225 Austin Nat Bank.. 726,338 7,265,899 10C 300,000 500,000 /664,868 3,213,331 50 11234 115 Per share. State National Bk. 56,117 1,747,899 1 0 0 ______ 100.000 152,749 1,240,375 100 130 Beaumont— Per 200.000 American Nat Bank 273,515 1,833.837 100 250 456,775 4,470,935 1 0 0 ______ 250,000 100.000 448,882 5,045,212 100 175 City Natl Bank_ _ 55,553 1,863,031 1001____ 250,000 500,000 295.344 2,236,624 100 170 First National Bank 390,221 6,071,451 100 m — 400,000 225,000 104,932 2,722,008 100 800,363 2,994,246 Texas National Bk. 300.000 20 59 250,000 Dailas— 487,096 3,363,150 25 45 Per 500,000 1 25 Am Exch Nat Bank 2,000,000 2,500,000 47,897,023 10C 425 110,925 2,366,718 500,000 3234 79,142 4,620,670 , 10C 70 Central State Bank 1,000,000 423,370 2,833,797 25 50 425,000 City National Bank 3,000,000 1,438,002 33,358,899 10C 300 415,163 3,143,063 300.000 50 100 — Mercantile BAT Co 500,000 0196,622 5,548,532 10C 128 cl65,927 5,456,443 100 130 Dallas Nat Bank.. 500,000 RHODE ISLAND— National banks Dec. 31; State institutions Dec. 31. Republic Nat Bank 1,500,000 C547.998 16,895,527 10C 145 333,183 5,070,468 10C 260 Nat Bk of Comm’ce 150,000 155,945 9,810,294 100 50 Nat Bk. Newport— Per share. SouthwestA Sav Bk 2,000,000 Dallas Tr 406,111 4,884,385 100 145 1,000,000 Aquidneck Nat Bk. 200.000 C162.033 2,613,428 50 *93 c75,440 5,527,750 RepublicTrASavBk 115 500,000 Nat Exchange Bank 100,000 cll7,350 1,136,491 30 180 El Paso— Newport Nat Bank 538,264 »75 385 120.000 60 91 93 300,688 11,270,896 100 150 First National Bank 1,000,000 Newport Trust Co. 300.000 316,255 2,520,094 100 135 150 191,677 10,640,974 100 250 State Nat _ 300,000 Per share. Amer Tr A Bank_ Providence— Sav Bk 28,268 3,467,984 10C 50 350,000 Blackstone Can Nat 500,000 799,880 3,092,994 25 60 Fort Worth— Per Columbus Exch Bk 200,000 118,088 2,501,789 50 169,103 10,750,196 100 100 Continental Nat Bk 750,000 Sigh Street Bank.. 196,059 2,366,608 50 95 120,000 314,022 14,655,313 100 135 Farm A Mech N Bk 1,000,000 Mechanics’ Nat Bk 50 60 500,000 391,939 6,006,310 First N ational B ank 1,000,000 c729,682 17,099,866 100 250 Merchants’ Nat Bk 1.000.000 1,632,334 9,710,811 50 108 nl4,600 600,000 100 90 Ft Worth State Bk. 100,000 Nat Bank of Comm 50 80 850,000 1,311,997 6,780,116 Ft Worth Nat Bank 600,000 1,529,348 19,096,144 100 400 Nat Exchange Bank 1,250.000 1,081,336 15,722,803 100 154 115,850 3,948,280 100 250 Stockyards Nat Bk 200,000 Phenix Nat Bank.. 450,000 1,165,685 2,597,646 50 108 253,911 5,562,155 100 275 Texas Nat’l Bank.. 400,000 Providence Nat Bk 500,000 1,387,526 2,878,259 100 230 Galveston— Per Industrial Trust Co 4.000,000 8,759,373 109642806 100 320 226,163 7,333,140 100 175 City National Bank 200,000 Lincoln Trust Co _ 25 127,195 853,751 122,275 245,521 3,473,329 100 195 First National Bank 200,000 Rhode I Hos Tr Co 3,000.000 6,357,616 82,376,584 1000 3800 Sou Texas Nat’l Bk 200,000 c235,884 4,999,395 100 Union Trust Co___ 1.000,000 817,759 18,634,275 100 148 70,118 15,846,956 100 166 S National Woonsocket— Per share. U Houston— Bank ul.000,000 No iminai Citizens’ Nat Bank 46,246 1,001,216 100 n o 100,000 410,042 100 5,229 Citizens State Bank 100,000 73 National Globe Bk. 102,496 774,836 25 45 100,000 47 843,169 33,059,195 100 235 First National Bank 2,500,000 Producers’ Nat Bk. 200,000 303,589 2,650,528 35 20 96,541 1,657,480 100 150 Guaranty Nat Bank 200,000 800,120 10,191,563 100 200 Houston Nat Bk___ 600,000 800,003 14,918,978 100 235 SOUTH CAROLINA— National banks Dec. 31; State institutions Dec. 31. Second Nat B k ___ 1,000,000 583,467 8,862,215 100 233 Nat Bank of Comm 500,000 Per share. Peoples State Bank 30,000 1,304,133 100 100 Charleston— 150,000 38,432 2,164,762 100 100 Atlantic Nat Bank. 200,000 115,597 2,998,530 100 157 Public Nat Bank.. 300,000 71,444 7,004,057 100 105 Atlantic Sav Bank. 200,000 393,772 4,905,945' 10C 276 300 State Nat Bank . . 400,000 977,263 16,661,159 100 220 Bk of Charl’n.NBA 1,000,000 652,771 8,863,219 10C 150 Union Nat Bank___ 1.000,000 170 Carolina Sav Bank. 200,000 173,533 2,727,957 100 225 250 Sou Texas CommerExch Bkg A Tr Co. 150,000 82,137 950,787 10C 172 cial Nat Bank___ 1,000,000 1,400,000 25,548,151 100 323 First National Bank 390,775 2,275,886 100 285 200.000 315,110 2,415,745 100 300 325 Guardian Trust Co 300,000 Miners A Merch Bk 50,000 445,120 4,219,032 100 150 31,227 407,828 100 125 Houston Land * Tr 1,000,000 130 152,092 2,538,651 100 140 People s Nat Bank. 1.000.000 289,747 6,937,031 100 105 110 San Jacinto Trust . 300,000 Security Sav Bank. 50,000 25,284 1,920,225 100 225 250 San Antonio— Per 330,674 8,832,590 100 So Car L’n & Tr Co 100,000 41,606 831,490 100 100 125 Alamo Nat Bank 1,000,000 220,441 13,041,334 100 City National Bank 1,000,000 Greenville— 38,213 1,878,433 100 Stat e ba nks Ju ne 30. Commercial Nat Bk 200,000 Amer Bk A Tr Co 28,152 1,609,951 100 102 599,547 9,711,139 100 225,000 Frost N ational Bank 1,000,000 139,106 1,802,456 100 Bank of Commerce 300.000 168,286 980,029 100 114 lit Groos Nat Bank 250,000 Farmers A Mer Bk. 25,000 126,173 4,034,739 100 10,773 383,433 50 m ___ 50 Guaranty State Bk 150,000 First National Bank 246,222 1,505,758 100 230 369,187 2,720,572 100 200,000 Lockwood Nat Bk. 200,000 Norwood Nat Bk._ 500,000 1,025,166 5,644,020 100 290 262,489 5,148,201 100 Nat Bk of Comm’ce 600,000 Peoples Nat Bk___ 415,091 2,386,429 100 300 200.000 310 Sam Houston St Bk 10,000 403,400 100 Piedmont Sav & Tr 50,000 (769,663 1,620,778 A Trust _____ __ 100,000 Woodside Nat Bk . 197,856 2,386,755 100 101,510 2,466,463 100 122 250,000 San Antonio NatBk 500,000 125 50,770 3,475,398 100 Spartanburg— Central Trust Co . 200,000 131,445 2,792,242 100 American Nat Bk. . 135,522 150,000 681,380 100 175 180 Com’w’lth BAT Co 300,000 40,488 2,717,514 100 100,000 55,000 1,000,000 100 150 Bank of Commerce 300,000 155 Texas State BkATr Carolina Nat Bank. 200,000 57,368 1,059,274 100 110 112 Waco— Per Central Nat Bank 400.000 316,099 2,332,528 100 170 175 Central National.. 500,000 c216,088 3,708,220 100 154 183,207 3,251,113 100 200 _ 100,000 17,068 514,939 100 75 Dollar Sav Bank_ 80 Citizens’ Nat Bank 250,000 First National Bank 300,000 9,901,467 100 210 500,000 285,228 2,908,698 100 147 152 First National Bank 1,000,000 Mer & Farm Bank. 131,801 63,903 1,914,351 100 105 100,000 904,873 100 235 240 First State BAT Co 300,000 <731,426 116,955 3,185,954 100 170 Southern Trust Co. 60 000 501,075 100 155 300,000 Liberty Nat Bank. 30,226 556,276 100 90 National City Bank 100,000 194,436 3,145,055 100 210 Provident Nat Bk. 300,000 share. 355 255 164 283 300 100 220 585 10 115 shave. 307 307 260 150 195 300 300 105 250 share. 138 share. share. 72^ 302 >6 130 150 60 150 125 170 303 75 share. 110 150 300 100 440 300 300 share. 185 205 v ____ 110 prices 83 250 165 225 240 245 105 110 183 223 350 305 150 share share. 160 210 220 175 100 220 •Saleprice, a Capital and surplus to be Increased, b July 15 1924. c Oct. 10, 1924. k Capital to be increased. p Amount paid In. a Ex-dividend. y Closely tield. I Last sale, n Mar. 31 1924. x Including First Savings Bank A Trust Co. stock e Sold with First National Bank. Includes trust funds. u Succeeding Texas Bank A Trust Co t Ex-rights. t Includes American Trust Co. /S ep t. 19 1924. m Present stock represents anticipation In one-half original capital, g Dec. 31 1924. 64 UTAH— National banks Dec. 31; State institutions Dec. 31. Capttai. Ogden— Commercial Nat Bk Nat Bank of Comm First A Utah Sav Bk Ogden State Bank. Security State Bank First* Utah Nat Bk [V ol. BANKS AND TBUST COMPANIES Surplus <c f Oross Profits. Deposits. P a r. $ 100,000 250,000 250,000 100,000 150.000 500,000 $ cl28,178 54,576 163,382 293.003 50,392 122,269 $ 1,510,642 2,233,414 3,277,318 7,057,475 1,251,372 5,828,241 Salt Lake City— Continental Nat Bk 600.000 Deseret Nat Bank. 500,000 Deseret Sav Bank. 500,000 National Copper Bk 300.000 Utah State Nat Bk. 500.000 300,000 Utah Sav A Tr Co. Walker Bros, B’kers 850,000 Eton Sav Bk & Tr Co 1,000,000 154,824 667,163 262,792 61,209 375,935 179,101 536,648 601,418 11,366,766 5,880,895 5,832,302 7,199,057 9,725,705 1,836,546 20,887,914 10,726,828 100 100 100 100 100 100 WEST VIRGINIA— National banks Dec. 31; Stats institutions Dec. 31. Bid. 175 100 255 600 90 150 Ask. 200 105 255 95 155 Per share. 100 126 |140 100 272 276 202 100 . 200 150 100 125 100 183 186 140 100 135 245 100 235 245 100 235 VERMONT— National banks Dec. 31; State institutions June 30. Surplus Cross ds Profits. Deposits. Par. Capital. Wheeling— Centre Wheel’g Sav Cltizens’-Mutual _ Trust Co_______ Half-Dollar Sav Bk Nat Bank of W Va_ N at Exchange Bank Cent Union ATrCo So Side Bk * Tr Co Dollar Sav A Tr Co Security Trust Co. Wheeling Bank A Trust Co_______ $ 100,000 $ $ <fl08,556 2,051,790 600,000 100.000 500,000 500,000 200,000 100,000 750.000 300,000 350,000 e249,653 519,060 585,580 <1119,000 184,764 1,932,239 <1315,089 5,895,012 2,598,275 4,768,423 5,133,435 1,466,000 1,702,593 14,813,140 3,426,071 500,000 614,157 7,619,944 Bid. Per 100 201 100 100 100 100 100 100 100 100 Ask. short 145 245 165 215 140 250 325 325 100 230 WISCONSIN— National banks Dee. 31; State institutions\Dec. 31. Barra— Granite S B A TrCo People’s Nat Bank. Quarrv 8 BkAT Co. 75,000 100.000 100.000 70,000 2,367,942 <2120,267 3,110,370 <247,233 1,624,090 Burlington— Chittenden Co T r._ Howard Nat Bank. Merchants Nat Bk. Burlington Tr Co._ 125,000 500.000 150,000 250,000 Per share <2162,483 3,129.812 180 150 302,921 2,049,699 100 125 a214,000 < 463,000 2 40 60 <2471,411 5,035,562 100 150 200 Montpelier— Capita. S B A T rC o First National Bank Montpelier Nat Bk Montp’r S BA T Co 100,000 100,000 150,000 100.000 <2175,515 48,593 147,198 226,533 2,760,829 2,420,382 1,964,558 4,598,848 100 100 100 100 Per share 165 125 125 125 350 Rutland— Baxter Nat Bank.. Clement Nat Bank. Killlngton Nat Bk. Rutland Co Nat Bk Rutland Trust Co. 100,000 100,000 100.000 100.000 100.000 c92,630 781,439 c250,523 2,558,886 <2118,622 400,566 127,362 1,305,004 <2113,601 1,276,118 100 100 100 100 100 Per share 185 260 130 125 200 100 100 100 120. Per share VIRGINIA— National banks Dec. 31; State institutions Dec. 31. La Crosse— Batavian Nat Bank Exchange State Bk Nat Bk of LaCrosse Security Sava Bank State Bk ol La Cr’se Milwaukee— Badger State Bank. Bay View ComAS B City Bank________ First Wisconsin N B Amer Nat’l Bank.. Marine Nat Bank.. Marshall A Ilsley Bk Mer A Farm State. Mer A Manufac Bk Mllw Comm’l Bank Nat Bk of Comm’ce Nat Exchange Bank Second Ward Sav B West Side Bank___ North Ave State___ First Wise Trust Co Per 456,290 400.000 25,525 50.000 469,490 500.000 27,147 60.000 104,652 100.000 State Instit utions, A u 200 000 e225 42 ,601 100, 000 65 ,719 300 000 6,000 000 6,245 ,601 1,000 000 c411 ,075 500 000 1,000, ,000 1,000 ,000 2,839 ,107 130,,754 200 000 242 ,064 400 000 e48 ,223 100 000 400 ,000 1.000 000 841, ,239 500 000 1,000 000 e2,513. 774 400, 000 e521,,853 200, 000! 125 224 800, 000 e l,105 041 4,163,2831 100 781,395 100 5,339,285j 100 1,011,527 100 2,115,738' 100 gust 24 19 24 ,1971 2,265 ,680! 2,458 ,654: 91,819 ,2821 10,172 ,102 10,430 ,020 22,533 ,1321 2,723 ,859, 2,606 ,04l! 1,706 ,0211 10,586 ,730 8,841 ,617! 35,329 ,575 3,499 ,132 2,981 ,186 2,976 ,388 i 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 short 215 150 225 150 210 Per short 150 167K 105 1 ... 202 H 205 101 255 212 216 112 132 136 190 175 156« L ynchburg— first National Bank 1,000,000 1,233,994 6,249,185 897,567 4,058,012 Lynchburg Nat Bk 1.000,000 633,178 3,493,770 500.000 People’s Nat Bank. Mutual S Bk A T r. 200.000 84,226 605,859 Lynchburg Tr A SB 377,453 2,394,452 300.000 297 100 287 225 100 220 100 242 Yi 250 100 140 360 100 Norfolk— Per share. 763,841 5,527,137 100 235 Citizens Bank_____ 1,000,000 240 Nat Bk of Comm’ce 1.200,000 1,493,171 16,308,484 100 295 305 Trust Co of Norfolk 1,000.000 1,011,686 6,022,847 100 197 202 Norfolk Nat Bank. 1,000,000 1,318.625 11,655,165 100 230 236 800.000 687,094 7,532,645 100 200 Seaboard Nat Bank 205 180 210,462^ 3,966,852 100 175 Virginia Nat Bank. 500.000 Petersburg— Per share. Petersburg Sav & Tr 1.000.000 cl75,000 3,400,000 100 100 115 600.000 c219,121 2,811,803 100 Nat Bk o f Petersb. Vlrsln’ n 'Mat Bank. l.n on .n on c268,303 3,916,921 100 125 130 Portsmouth— 500.000 Amer Nat Bank_ _ 116,452! 3,137,864 Bank of Tidewater. 250.000 118,897 j 1,060,195 Citizens Trust C o .. 250.000 40,212 473,139 300.000 First Nat Bank____ 244,394! 2,933,578 500.000 Mer & Farmers Bk. 215,6001 3,211,513 Per share. Klchiuunu— 947,439 15,920,195 100 245 American Nat Bank 1,000.000 250 615,370 4,225,666 100 225 500.000 235 Bank of Com A T r. 300.000 532,437 5,159,781 25 80 Broad Street Bank. 83 90,000 1,853,059 100 128 300.000 Broadway Nat Bk. 130 739,372 7,593,022 100 220 Central Nat Bk___ 1,000,000 230 First National Bank 2.000.000 2,581,285 25,983,783 100 284 290 200.000 25,468 666,649 100 Grace St Bk & T r .. 110 151,068 1,695,709 100 180 200.000 Mech <e Merch Bk. f Merchants N at Bk. 1,000,000 1,425,618 18,309,757 100 290 300 State A City Bank 949,207 25 64 66 A Trust Co-------- 1,200.000 1,492. 871 732,677 100 350 Planters Nat Bank. 1,000,000 2,002, 207 370 429, 592 200.000 25 103 019,194 Sav Bank of Rlchm 50 500.000 966, 921 315,017 Union Bk of Rlchm 170 164 445 4 8 6 ,7 7 0 25 80 85 100.000 West End Bank---14Ji 15 400,000 cl30. 466 Federal Trust C o .. 10 ,077,187 ,170,012 100 102 253. 260 103 Rlchmond Trust Co 1.000,000 797,679 100 420 Virginia Trust Co. . 1.000.000 1,286, 232 utions WASHINGTON— Nationa banks Dec. 31; State institutions Dec. 31. Per Seattle— 43; 533 963,837 100 400.000 Bank for Savings. ._ . ! 4 ,975,6991 100 198 200.000 Canad’n Bk of Com Dexter-Horton N B 2,200.000 1,426 751 37 ,220,622 100 235 706 808 14 ,411,216' 100 330 500.000 First National Bank 115 132 5 012,031 100 140 300.000 Marine Nat Bank.. 330 434 6 949,3311 100 310 300.000 Metropolit’nN atBk Nat Bk of Comm’ce 1,000.000 1,031 937 21 779,264! 100 322 289 655 5 566,562 100 165 500.000 Nat Cy Bk of Seatt 100 352 4 821,481 j 100 100.000 People s Sav Bank. Seattle Nat Bank.. 1,000.000 1,116 392 23 298,233 100 285 76 461 2 ,228,333 100 600.000 Am Sav Bk A Tr Co 200,000 55 943 2 ,402,463 University Nat Bk. Spokane— 100,000 American Bank.. 200.000 Brotherhood N at Bk 1.000,000 Exchange Nat B k ._ 500.000 Fidelity Nat Bank. Old National Bank. 1,200,000 Spok A East Tr Co. 1.000,000 200.000 Washlngton Tr Co. 61,600 53,053 264,226 125,519 344,368 452,298 112,479 Tacoma— Nat Bk of Tacoma. Puget Sd Nat B k. 465,865 18,051,168 41,230 3,716,219 1.000,000 300,000 1,907,688 1,772,612 9,548,021 4,587,739 22,657,151 10,132,181 1,616,418 100 100 100 100 100 100 100 share. 45 200 237 335 142 315 325 170 50 Per share. 165 175 125 97 175 112 150 WYOMING— National banks Dec. 31. Cheyenne— American Nat Bank Cheyenne State Bk Citizens Nat Bank. First National Bank Stock Growers N B 1 Per short 152,964 2,499,397 ____ 23,975 875,119 ____ 168,937 1,776,118 100 \ Faile d 211,621 5,768,489 100 | July 9 1924 103,406 4,208,217 j 100 CAN AD A. Keiurns are all of date Nov. 29 1924. NOVA SCOTIA. Capital Paid in . Reserve Fund. Deposits. Par. Bid. Prices are per cent, not per sh are. Per Halifax— S S $ Bank of Nova Scotia 10,000,000 19,500,000 174460780 100 265 Ask. cent. ONTARIO. Toronto— Bank of Toronto.. Can Bank of Comm Dominion Bank___ Imperial Bk. of Can Standard Bank____ Sterling Bk of Can. g5.000,000 6.000.000 79,006,619 20,000,000 20,000,000 390717559 6.000.000 7.000,000 82,478,154 07.000,000 7,500,000 81,795,014 4.000.000 2,750,000 50,153,018 1,235,000 500,000 12,629,289 Per cent. 100 193 100 196 100 195 196 190 y2 100 190 50 170 100 QUEBEC. Montreal— Bank of Montreal. . 27.250.000 27.250.000 528428698 Banqued’Hochelega 5,500.000 5.500,000 95,245,297 Molson’s Bank____ 04.000.000 3.000,000 52,550.822 3.000.000 1,500,000 32,342,656 Royal Bk of Canada 20,400,000 20.400,000 452974767 Per 100 248 100 150 100 100 100 233 Quebec— Union Bank of Can 0 8 .000.000 100 107 127 100 190 115 155 Per share. 150 100 135 100 100 125 250.000 100.000 100,000 200,000 300,000 1.750.000 87,082,931 cent 248 X 172 ......... SASKATCHEW AN. Weyburn— Weybum Secur Bk. 524.560 225,000 3,698,567 100 a June 30. 1924. • Sale price. Last sale. g This is capital paid In; authorized amount is larger. % Ex-dlvldend. • Dec. 31 1924. k Includes one-third of a share in Dexter-Horton Trust A Savings Bank stock, d March 31 1924. h New stock. cOct. 10 1924.