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BANK AND QUOTATION SECTION OF THE COMMERCIAL & FINANCIAL CrIRONICLE. Copyrighted in 1919, according to Act of Congress, by WILLIAM B. DANA COMPANY.in office of Librarian of Congress, Washington, D. C. VOL. 108. BANK AND NEW YORK, FEBRUARY 8 1919. QUOTATION SECTION NO. 2798 REVIEW OF JANUARY. The process of arranging peace abroad and the Section, issued monthly, is furnished process of adjusting the country's industries to a The Bank and Quotation without extra charge to every annual subscriber of the Chronicle. peace basis at home, were the events of compelling The Railway and Industrial Section, issued semi-annually in April and October, is also furnished without extra charge to every annual importance during January. Both were found to Chronicle subscriber. The Railway Earnings Section, issued monthly, containing the sworn be heavy tasks, involving many trying difficulties returns of earnings and expenses filed each month with the Inter-State Commerce Commission, is likewise furnished without extra charge to every and complications. President Wilson's sojourn in annual Chronicle subscriber. Europe was continued throughout the month and The Electric Railway Section, issued twice a year, in March and September, is also furnished without extra charge to every annual subscriber indeed his return home is not scheduled to take place of the Chronicle. The State and City Section will hereafter be issued semi-annually in until the middle of February. In conjunction with June and December. It is furnished without extra charge to every annual subscriber of the Commercial & Financial Chronicle. the statesmen of Europe engaged in the task with The Bankers' Convention Section, issued yearly, giving the detailed proceedings of the annual convention of the American Bankers' Associa- him, the President succeeded in making no little tion, is likewise furnished without extra charge to Chronicle subscribers. progress in paving the way for a League of NaTerms for the Chronicle, including the six supplements above named, are Ten Dollars per annum within the United States, Thirteen Dollars tions, which is to afford assurance against a ready includes postage) in Europe, and $11 50 in Canada. (which File covers for the Chronicle are sold at 80 cents each (which includes repetition of war in the future, and in shaping the postage). File covers for Supplements can be had at same price. terms and conditions of peace which are to be im-39 South La Salle Street. CHICAGO OFFICE. posed upon the former members of the Central LONDON OFFICE.—Edwards & Smith. 1 Drapers' Gardens, E. C. Power Alliance. The machinery was also created WILLIAM B. DANA COMPANY, Publishers, for dealing with the conflicting territorial claims Front, Pine and Depeyster Streets, Now York. of the Allies and of the new nations to be estabMany points of difference between the lished. INDEX Allies and associate Powers were removed, and much TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES controversial matter eliminated, largely through Page Minneapolis, Minn.— Page the influence of the President, who was seen to be Atlanta, Ga.— First & Security Rational Bank.. 5 Atlanta National Bank 6 playing a prominent, if not a leading, part in the deliberations, and without whose presence the negotiaNew Orleans, La.— Baltimore, Md.— Whitney-Central Nat. Bank__ 5 National Bank of Baltimore..-_- 6 tions would undoubtedly have lost much of their Safe Deposit & Trust Co 6 idealistic character. New York, N. Y.— Chemical National Bank 1 In industrial affairs, the characteristics thm, Boston, Mass.— 1 Coal & Iron National Bank National Union Bank 2 might have been expected were in evidence—a slackFarmers' Loan & Trust Co 12 1 ening of Hanover National Bank activity and some noteworthy declines in Chicago, IIL— 1 Seaboard National Bank Chicago Savings Bk.& Tr. Co__ 8 commodity values, attended by ranch discontent. Continental & Com'l Nat. Bk__ 8 Labor, which had been scarce up to the time of the, Corn Exchange Nat. Bank 9 Norfolk, Va.— Norfolk National Bank Live Stock Exchange Nat. Bk 8 signing of the armistice the previous November, now 1Tational Bank of the Republic 8 became plentiful (though with occasional reports Paterson, N. J.— First National. Bank of continued, but limited, dearth in some special Cincinnati, Ohio— Fifth-Third National Bank_ _- 2 line of manufacture), in part because of the disconPhiladelphia, Pa.— 3 tinuance of the making of munitions and of other Corn Exchange Nat. Bank Cleveland, Ohio— 4 work connected with war activities, and in part. First National Bank First National Bank 3 Fourth Street National Bank_ Union Commerce National Bk 7 Franklin National Bank 5 because of the return home of American soldiers Girard National Bank 3 from France and -the continued demobilization at Detroit. Mich.— Girard Trust Company 4 6 First & Old National Bank Market Street National Bank.._ 3 camps in the United States of the military forces People's State Bank 6 Philadelphia National Bank_ _ _ _ 4 which had been in training for sending overseas. 4 Tradesmen's National Bank_ With the release from military duty of such large Texas— Fort Worth, Fort Worth National Bank_ _ _ 5 Providence, R. I. -masses of men, reports of growing idleness began Merchants' National Bank 2 to come in. The idleness was by no means uniform, Jersey City, N. J.— 2 St. Louis, Mo.— First National Bank being pronounced at centres where special war work National Bank of Commerce_ -- 9 had been done and often little noticeable elsewhere. Los Angeles, Cal.— In face of it all, demands for further wage increases— Citizens' National Bank 9 San Francisco, Cal.— 9 First National Bank Anglo & London Paris Nat. Bk.. 9 or, what is the same thing, a reduction in the number of hours of work without a corresponding reducWorcester, Mass.— Milwaukee, Wis.— tion in wages—were rather frequent. Certain cotton Merchants' National Bank 7 2 First National Bank MONTHLY REVIEW 14 operatives in New England, for instance, demanded a reduction from a 54-hour week to 48 hours, but with 54-hour pay, and after the close of the month engaged in a strike to enforce their demands. There seemed to be, indeed, an outcropping of labor difficulties all over the world. In Great Britain there were strikes in the shipyards and other lines, and with the advent of February the strike fever extended to the transportation field, so that in London all the tubes and underground railways with the exception of one line of the Metropolitan became tied up. In the iron and steel trades, banking of furnaces became rather prominent, and with new bookings reported less than half of current production, the steel mills were engaged to only about an average of 60 to 65% of their capacity. Copper production was curtailed, and while the large producers of the metal sought to maintain the price of 23c. a pound agreed upon the preVious month, it was reported that the metal could be obtained at 20c. and even lower. The Steel Corporation, after the close of business on Jan. 28, announced a reduction in the quarterly dividend declaration on the common shares the extra dividend (in addition to the quarterly) being made only 1%, regular against 2% extra three months before and 3% extra six months before, and submitted a statement for the December quarter which showed a large shrinkage in profits. Eliminating the item of taxes, which were of huge extent (over $274,000,000 being charged up for the twelve Months of the calendar year), and of varying amounts for the different quarters, the operating profit was reported at $86,354,165 for the December quarter of 1918, against $144,948,936 for the September quarter and $153,273,641 for the June quarter. In the March quarter the operating profit was $88,546,622, while in the December quarter of 1917 the amtunt was $120,208,636. There was a sharp drop in some items of food products from the extreme figures previously reached. This was notably true of the retail prices of butter and eggs, and some items of meat were likewise reduced, though, on the other hand, the Hog PriceFixing Committee of the U. S. Food Administration on Jan. 28 announced that the price of $17 50 per 100 lbs. for hogs would be maintained during the month of February. This was notwithstanding both the Chicago Board of Trade and the New York Produce Exchange had petitioned Attorney-General Gregory to take action toward preventing further arbitrary price-fixing of hogs. On this announcement of'unchanged hog prices, a sharp recovery ensued in Indian corn, which previously had shown a declining tendency. The January option for corn at Chicago had on Jan. 8 sold at $1 4938. From this 2 there was a drop to $1 143/ by Jan. 27, one element in this decline having been the news that the War Trade Board had removed all restrictions on the importation of Argentine corn; a recovery to $1 33 followed when it appeared that the hog price was to be maintained, and the close Jan. 31 was at $1 27. The May option for corn declined from $1 42 to $1 11, with the close at $1 18%. The January option for oats in Chicago declined from 2 72c. Jan. 6 to 523./e. Jan. 27, and went out Jan. 31 at 56c.; the May option for oats fell from 73%c. 4 Jan. 7 to 543 c. Jan. 27, with the close Jan. 31 at 573/8c. There were of course no fluctuations in the price of wheat, Government-fixed prices here continuing. On Jan. 28 a bill appropriating $1,250,000,000 to enable the Government to carry out its guaranty to the farmer of a price of $2 20 a bushel for the 1919 wheat crop was transmitted to the Chairmen of the Senate and House Agricultural committees by the Food Administration. This followed a recommendation to Congress in the closing week of December by the Food Administration and the Department of Agriculture for the enactment of legislation to 1q% [Vol,. 108. make effective the wheat price guaranty for the 1919 crop, and at the same time secure the Government against losses. Sentiment appeared to be strongly crystallizing in favor of a reduction in food prices. As one evidence of this it may be noted that at a special meeting of the Board of Managers of the New York Produce Exchange, held on Jan. 30, a resolution was passed, saying that it was evident that a reduction in price of the great food staples was the first and most vital factor in bringing about lower living costs, which must take place to meet a probable reduction in wages in the manufacturing and industrial life of the country, and therefore the policy of the Exchange was against any further Government price-fixing or control of foodstuffs beyond the point of a just and equitable adjustment of existing Government obligations, in which consideration should be given to the rights of all classes, both producers and consumers. Sharp reductions in the prices of cotton goods were announced, and raw cotton also suffered a sharp decline. Production of textiles was reduced and advices from all mill centres were to the effect that further curtailment was in evidence. All this made the demands of the operatives for reduced hours at the same wages (wages the highest ever reached in the trade) appear all the more anomalous. As indicating the nature of the downward re-adjustments of prices, one of the largest mills in New England reduced quotations for bleached fabrics approximately 25%, 32-inch chambrays 41 c. per 4 2 yard, staple ginghams 33/c. per yard, 27-inch outing flannels 20%, and tickings 11%. The same concern in an effort to stimulate inquiry and keep up production, announced its intention to protect jobbers by allowing them the prices prevailing at the time of invoicing should they be lower. Print cloths at Fall River were marked down every two or three days. From Jan. 1 to Jan. 12, inclusive, the quotation was 9.75c. a yd.; from the 13th to the 15th, inclusive, 9.50c.; on the 16th there was a reduction to 9.25c.; on the 18th to 9c.; on the 21st to 8.75c.; on the 27th to 8.50c., and on the 30th to 8c. The high price in 1918 was 14c. in May, having advanced to that figure from 9%c. the previous January. Even after reduction to 8c., however, the price is still high, since in December 1914, following the outbreak the previous August of 4 the great war, the quotation got down to 27 c. In raw cotton there was a drop in middlng upland cotton in this market during the month from 32.60c. Dec. 31 1918 (the previous September the price had been 38.20c.) and 32.40c. Jan. 1 1919, to 25.60c. Jan. 23, with the close Jan. 31 26.95c. A slash in ocean freight rates and the release by the U. S. Shipping Board of some of the ships previously requisitioned by it were also features of the month. At the beginning of January reductions were made by the U. S. Shipping Board of 25 to 30% in freight rates from Atlantic ports to South America, Asia, Japan, Australia, and Africa, effective for January and February loadings. The really startling reductions, however, did not come until towards the close of the month. On Jan. 26, following the announcement that trans-Atlantic freight rates had been cut by British shipping interests from $3 50 to $1 per 100 lbs., and from $1 75 to 50 cents per cubic foot, the U. S. Shipping Board on Jan. 27 announced a reduction of about 66 2-3% in charges between North Atlantic and Gulf ports and the United Kingdom, France, Italy, Belgium and the Netherlands. The new rate to the United Kingdom was made $1 00 per 100 lbs., or 50 cents a cubic foot, against the old rate of $66 a ton, while the rate to Havre, Bordeaux, Antwerp and Rotterdam was fixed at $1 25 per 100 lbs. or 65 cents per cubic foot, against the old charge of $66 a ton. On Jan. 31 further cuts in shipping rates to African and Australasian ports made by British lines were met at FEB., 1919.] MONTHLY REVIEW once by the U. S. Shipping Board; added to previous reductions, the total cut here also reached between 60 and 66% as compared with pre-armistice days. Railroad affairs also occupied conspicuous attention during the month. The problem of the future control and direction of the roads, with the end of the war impending, and the necessity of choosing between some modified form of either private or Government control for the future, was seen to be one of the gravest that had ever confronted our national legislators. Director-General McAdoo's proposition of the previous month, which involved retention of the roads by the Government until five years after the close of the war, had brought matters to an issue. An additional spur to action was the fact that expenses Were increasing at a perfectly frightful rate as a result of the prodigious wage increases made by Director-General McAdoo, while, as it happened, there came inklings of further wage increases about to be announced or under active consideration. The Senate Committee on Inter-State Commerce, which on the launching of Mr. McAdoo's proposal in December had determined on an investigation of the subject, began its hearings promptly on Jan. 3. On Jan. 9 Thomas De Witt Cuyler appeared before the Committee as Chairman of the Association of Railway Executives. In enunciating the principles which in the opinion of the executives should be incorporated in a plan providing for Government regulation of railroads, he told the Senate Committee that "private ownership, management and operation of the American railways should, as a matter of national policy, be continued." The principles which the railroads think should be embodied in remedial legislation by Congress in connection with the return of the railroads to private operation had been formulated by the Association's Standing Committee at their Philadelphia 'conferences Dec. 10 to 15 (1918), and were unanimously adopted at the meeting of the member roads held in that city on Jan. 5. At this latter meeting 92% of the mileage of the country was represented, and a committee of six was appointed to appear before the Senate Committee and lay before it the Association's suggestions. The six consisted of Mr. Cuyler of the Pennsylvania RR.; Alfred P. Thom, counsel for the Association; Howard Elliott, President of the Northern Pacific Ry.; Julius Kruttschnitt, President of the Southern Pacific; Samuel Rea President of the Rea, Pennsylvania RR., and Daniel President of the Baltimore & Ohio RR. The Association declares that the power of regulation of the instrumentalities of Inter-State commerce, including all rates, State and inter-State, should be exclusively in the hands of the National Government. Accordingly "these national functions should be administered through Governmental machinery or agencies responsive to the needs of and convenient to the people of the several States. State commissions should not be interfered with by the Federal Act except so far as necessary to carry out the purposes" specifically indicated in the plan. The plan provides, among other things, that:— The Inter-State Commerce Commission, which has heretofore been the sole Federal agency provided by law to deal with such matters, should be relieved from its executive and administrative duties, except as to Federal valuation and as to accounting, and should act as a quasi-judicial body clothed with authority to pass upon all questions concerning the reasonableness and adequacy of rates and concerning discriminations coming before it on complaint of any party interested, or referred to it as hereinafter provided. A Department of Transportation should be created, the head of which should be known as the Secretary of Transpor. tation. He should be a member of the President's Cabinet and should be vested with the extensive powers and duties which are enumerated in the plan. The executive and administrative functions of the Inter-State Commerce Commission, except as to accounting and as to Federal valuation of railroad properties, should be transferred to the Secretary of Transportation. The carriers should have the power to initiate rates, schedules of which should be filed with the Inter-State Commerce 15 Commission, with the Secretary of Transportation and with the State commissions of the States in which the rates are applicable and through which the carrier operates; and,if not suspended by the Secretary of Transportation, such rates should become effective thirty days after the same have been so filed, unless a shorter period is in special cases authorized by the Secretary of Transportation. It should be made the duty of the Secretary of Transportation to promptly consider the new rates so brought to his attention. In case he disapproves any rate or fails to specifically approve or disapprove it, he may suspend it for a period not exceeding sixty days and refer the same to the Inter-State Commerce Commission for consideration and determination. The statute itself should provide the rule of rate making, and should require that rates be not only what has been called reasonable, but adequate and sufficient to enable the carriers to provide safe, adequate and sufficient service, to protect existing investment and to attract the new capital necessary in the public interest, and, to that end, the statute should, among other things, specifically provide that the level of rates must properly reflect the cost of wages and all other expenses incident to the furnishing of transportation. Rates, whether approved or disapproved by the Secretary of Transportation, may by complaint be brought before the Inter-State Commerce Commission for consideration, which should have power to pass upon the reasonableness and adequacy thereof, subject to the statutory rule in regard to rate making, and, in any proceedings before it in respect to rates, the Commission should give due consideration to any recommendations in respect thereto made to it by the Secretary of Transportation. Rates approved by the Secretary of Transportation should be presumed to be reasonable and proper until found otherwise by the Commission. _ In any proceedings before it in respect toirates the InterState Commerce Commission should have the power to prescribe minimum as well as maximum rates and to determine the relation of rates and differentials whenever necessary or appropriate to establish or maintain a rate structure or a relation or differential found by it to be just and proper. The statute should provide that existing rates, put into effect by the Director-General of Railroads, should be continued in effect until changed by the Inter-State Commerce Commission as provided by law, or as provided in paragraph 7 hereof. Any carrier should be given the right to complain of rates of another carrier in the same manner and to the same extent as a shipper might do. The Inter-State Commerce Commission should be directed to divide the United States into such number of regions as it may deem wise, and the President should appoint for each region a Regional Commission, which should be a board of primary jurisdiction, consisting of one member for each of the States embraced therein. The Regional Commissions should have authority to hear and determine all complaints in respect of matters within the jurisdiction of the Inter-State Commerce Commission arising in their respective regions. If no exception is filed within the time limited and it is not otherwise ordered by the Inter-State Commerce Commission, the orders and findings of the Regional Commissions should automatically go into effect. Section 10 of the Clayton Act should be so modified as not to unduly hamper the proper transaction of business. Existing laws should be so far modified as to authorize upon approval by the Secretary of Transportation as being in the public interest: (a) Acquisition by a carrier engaged in interState commerce of the properties, stocks or securities of another or other carriers; or consolidations and mergers of such carriers; (b) agreements between carriers engaged in inter-State commerce in respect to rates and practices;(c) the pooling of cars and other transportation facilities; (d) the division of earnings in connection with the elimination of unnecessary train service. Questions of wages and working conditions affecting individual railroads should be settled, if possible, by officers of the railroads and representatives of the employees. A board should be constituted, under the Secretary of Transportation, on which the employees, the employers and the public should have equal representation, with the duty and authority to investigate and report to the Secretary of Transportation on the merits of any controversy, which the parties are unable to adjust, arising in the railroad or other transportation service, either in regard to wages or in regard to conditions of service; and, pending such investigation and report and for a reasonable time thereafter, there should be no lockout by the carriers and no concerted action on the part of employees which would have the effect of interfering with or interrupting the orderly movement of the United States mail or inter-State or foreign commerce. The scale of wages and the expense incident to any change in the conditions of service recommended in the report of such board, if put into effect, should be accepted and recognized in the making of rates, as a legitimate expense of transportation. There should be in the Federal Government the exclusive governmental power to supervise and authorize the issue of securities by railroad carriers engaged in inter-State or foreign commerce or by holding companies controlling any such carrier. A system of Federal incorporation should be adopted into which should be brought all railroad corporations engaged in inter-State or foreign commerce. Such system should be 16 MONTHLY REVIEW compulsory and not elective. It should preserve to corporations reincorporating under it, not only all of their contract rights and other assets of all sorts, but also (except as to any feature contrary to an Act of Congress) their existing charter powers, and they should also possess the general powers conferred upon all corporations organized under the Federal Act. The system of incorporation should provide a means of consolidation and merger for existing corporations engaged in inter-State or foreign commerce, with the necessary power of condemnation; provided the Secretary of Transportation finds that such consolidation or merger is not contrary to the public interest and approves the same. Alfred P. Thom, Julius Kruttschnitt, and others testified at length before the Senate Inter-State Commerce Committee and their testimony attracted a great deal of attention. The Inter-State Commerce Commission also expressed its views before the Committee. They urged that the railroads should be returned to private management within a "reasonable period" to allow for preparations and readjustments and under "broadened, extended and amplified Governmental regulation." Commissioner Edgar E. Clark appeared Jan. 7 on behalf of the Commission, opposing indefinite continuance of Government ownership or operation of railroads and outlined a plan for legislation which would permit elimination of unnecessary competition, pooling of facilities, Government prescription of maximum and minimum rates and standards of service, Government direction of railroad extensions and financing, and direct co-operation between Federal and State regulatory bodies. Commissioner Woolley dissented in part, advocating Director-General McAdoo's proposal that Government control be extended for five years to provide a test period. On Jan. 31 'details of the plan of the National Association of Owners of Railroad Securities for the return of the railroads to private operation were presented before the Senate Committee. S. Davies Warfield, President of the Association, announced it as the belief of the Association that the railroads "should be returned to their owners under private operation as early as practicable, but not before legislation can be enacted that will assure adequate facilities and service at reasonable rates under proper control and regulation by Governmental bodies, and protection to the investment in the properties." The enactment of this legislation "early in the 21 months allowed by the Federal Control Act" was urged by the Association, "since each month of continued so-called unification and diversion of traffic takes the railroads further away from normal methods for meeting the business requirements of reconstruction." As the first step in the return of the railroads, the plan, Mr. Warfield continued, contemplates that the present freight and passenger rates, State and interState, and the present scale of wages shall remain in full force and effect until and unless changed in the operation of the plan. Stripped of operating details, he added, the plan "is based on the following fundamentals": 1. A minimum rate of return on the property investment in the railroads, fixed by Act of Congress, through rates adjusted as occasion may demand, in order that the securities of the railroads may be stabilized and their credit established on a basis necessary to secure the money to provide to the shippers and traveling public adequate facilities and service. 2. Recognition that a fixed return through rates that will enable the average railroad to receive an adequate return on its invested capital is not possible, without giving to the more favorably situated railroads more revenue than the public will sanction, or more than would represent a fair return on its property. The earnings of railroads in excess of a fixed reasonable rate of return to be applied as provided in the following section. 3. A distribution under the control and jurisdiction of the Inter-State Commerce Commission of a percentage of the fund above provided, that railroad employees shall receive the benefit of profit sharing, by insurance, or by such other legal methods as may be determined upon; likewise a distribution of a percentage thereof among the railroads earning it, and under the plan, and in furtherance of incentive and initiative by establishing operating efficiency standards; for certain improvements to railroad property, under restrictions, not to be capitalized in rate making; and for other purposes defined in the plan. 4. A corporation, created by Act of Congress, operated without profit to the railroads, and under Federal control, directed by trustees composed of the nine Inter-State Commerce Commissioners and eight railroad men, to finance in the present emergency such equipment as may be purchased by it from the Railroad Administration and allocated to the railroads, and to furnish an immediate means for assisting in financing the return of the roads, continued as a permanent means for mobilizing and purchasing equipment to be leased to the railroads; to provide a management or agency to continue or put into effect the joint use of terminals, unification of facilities, re-routing of freight by pooling or otherwise, and to continue or adopt such methods of operation as may have been found to be successful and expedient during Federal control; to furnish a standing, trained and efficient means for immediate mobilization of the railroads for war purposes without additional legislation. [VOL. 108. 5. Federal regulation extended through the Inter-State Commerce Commission as at present established, co-ordinaring therewith subsidiary commissions as regional commissions, the members thereof selected equally from the two leading political parties, appointed from and sitting in the six traffic territories as at present defined, giving to such bodies the determination of rates and regulations essential to the operation of the plan. The right of appeal is given to the Inter-State Commerce Commission, which may be designated Commission of Appeal. Continuation of rate committees composed of representatives of both railroads and shippers, established in defined territories of the country, to primarily consider and pass upon all changes in rates requested by either railroads or shippers and before being filed with the regional commissions or Inter-State Commerce Commission, as provided in the plan. 7. Co-ordination by the Inter-State Commerce Commission of the work of the State Commissions, as far as the limitations of law and the legislation provided under the plan will permit, with that of the regional commissions. The adjustment of intra-State rates to the requirements of inter-State commerce as prescribed through inter-State rates is vested in the Federal commissions. 8. Regional commissions act as boards of conciliation for the settlement of wage differences between the railroads and their employees. In default of settlement such commissions shall appoint two arbitrators, the employees naming two, the four so selected naming the fifth, if required. Appeal may be taken to the Inter-State Commerce Commission; the findings not to be compulsory unless mutually agreed to beforehand. A fixed return being provided under the plan, expenditures for wages or other elements entering into expenditures are supervised by the commissions. The Act of Congress shall provide that increases in wages shall be supervised by the Regional Commissions, the intent being that the Commissions shall have supervision over charges against a railroad that tend to decrease its net operating revenue. Application for increases in wages shall be primarily made to the particular railroad concerned. Pending the decision (not compulsory unless mutually agreed beforehand) of the questions involved, there shall be no strike or lockout. 9. Future issues of railroad securities supervised by the regional commissions and the Inter-State Commerce Commission. An important event of the month was the announcement late on Jan. 24 of the removal of the money restrictions in New York. The only requirement on Stock Exchange borrowing still existing is that the Stock Exchange continue to receive from members daily reports of borrowings until after the placing of the next Liberty Loan. With the removal of the restrictions, the so-called , "money pool" created in October 1917 was discontinued. The following was the announcement made in the matter: • A meeting of the Sub-Committee on Money of the Liberty Loan Committee was held to-day after which the following statement was made: Last December (this was Dec. 30), when the arrangement whereby the New York banks have been furnishing funds to stabilize rates on loans on Stock Exchange collateral was about to expire (it would have expired Jan. 10), the Committee inquired whether the Treasury Department wished an extension of the arrangement then in force, and were requested by it to continue their operations in aid of the Government's financial requirements. Acting in accordance with the wish of the Treasury, thus expressed, the Sub-Committee on Money arranged with tho New York banks to continue the arrangement then existing until after the next Government loan, and, with the authorities of the Stock Exchange, to continue exercising control of the loan account to prevent its expansion in the aggregate. This week, however, the officials,of the Stock Exchange, in a written communication to the Money Committee, having stated that the conditions have so changed that "there is now nothing to indicate the probability of a speculative movement which would absorb large amounts of money.' the Sub-Committee on Money at its meeting to-day gave full consideration to this statement, and after consultation with and the approval of the Treasury Department, reached the following conclusions: 1. That control by the Stock Exchange Committee may for the present suspended. be2. That the Stock Exchange authorities be requested to continue to receive from members of the Exchange, daily reports of their borrowings until after the next Liberty Loan is placed. 3. That the definite arrangements made with a large group of New York banks to furnish funds for Stock Exchange loans, if and as required, should now be terminated. In the stock market there were many unfavorable developments and the course of prices was strongly downward, attended, however, by intermittent recoveries and occasional periods of strength. On Jan. 2 (the first business day of the year) the market opened under the influence of the announcement that at midnight, Dec. 31, the Brooklyn Rapid Transit Co. had been placed in the hands of areceiver. The public was wholly unprepared for this piece of news. It had been evident that owing to the inability of the city traction companies to get higher rates of fare, while wages were being increased and other items of expense entering into operating costs were steadily rising, the outlook for these transit properties was getting rather blue, but hardly anyone had counted upon an actual receivership for the Brooklyn Rapid Transit Co. at the present stage of proceedings. The result of the news was that the company's shares, which on % Dec. 31 had closed at 263 , opened on Jan. 2 at 22 and after recovery to 239 plunged still lower, selling in the afternoon down to 20%,with the close on that day 213j. Later in the month, that is on Jan. 27, / the price touched 183 s. The close Jan. 31 was at 20. Naturally Interborough Consolidated, common and preferred, and the stocks of other city traction properties, even though less active, were also weak and lower—both on Jan. 2 and the rest of the month. As days went by, other unfavorable developments appeared. The monthly returns of the steam rail- FEB., 1919.] MONTHLY REVIEW roads, as they came tolhand, first for November and later for December, made it evident that the situation of these roads, too, was steadily getting worse. Estimates of the loss to be sustained by the Government for the calendar year 1918 under its guarantee of rentals based upon the net earnings for the three years ending June 30 1917, had to be repeatedly revised as later figures of earnings appeared, and gradually a feeling grew up that these roads might really be getting in desperate condition owing to the huge wage increases that had been made by DirectorGeneral McAdoo without apparently giving much thought as to where the additional revenue was to come from to take care of the added outlay. Apprehension on this score grew as intelligence from Washington made it plain that still further wage increases were under consideration by the Wage Boards established by the Railroad Administration, some being almost in readiness for announcement and others apparently in definite contemplation. One item of news was that the four big Railroad Brotherhood organizations which the previous MayJune had been awarded wage increases aggregating $475,000,000 per annum, had made requests for further increases aggregating still another $100,000,000 per year. Following Mr. McAdoo's proposal of the previous month that the period of Government control of the roads, after the formal conclusion of peace, be extended to five years, the Senate Committee on Inter-State Commerce on Jan. 3 promptly began hearings in the matter, and on every side it became apparent that the country had to grapple with one of the gravest problems that had ever confronted it. On Jan. 9 the Association of Railway Executives (a body consisting of the executives of .the various railroads of the country) voiced active opposition to the scheme for five-year control. They offered a plan under which large powers o'er the roads are to be delegated to a new Cabinet officer to be known as Secretary of Transportation, and embodying other novel features for assuring the future security and stability of the railroads. The National Association of Owners of Railroad Securities at the close of the month presented a plan • of its own, involving still more novel features, as narrated at length above. In the meantime Walker D. Hines, formerly Chairman of the Board of the Atchison Topeka & Santa Fe RR., but who during the period of Government control of the railroads had been acting as Assistant DirectorGeneral of Railroads, was on Jan. 11 appointed to succeed Mr. McAdoo as Director-General. Mr. Hines is highly regarded in railroad circles and has a good record for sanity of views, but public sentiment became confused on Mr. McAdoo's announcement that Mr. Hines was in full sympathy with the policy of the Railroad Administration and more particularly with Mr. McAdoo's proposal of five-year control. The letter of Mr. Hines to Secretary of the Treasury Carter Glass under date of Jan. 24, asking for an appropriation of $750,000,000 in addition to the $500,000,000 revolving fund provided in 1918 for the Railroad Administration, did not tend to quiet apprehensions as to the future of the roads. Perhaps most disturbing of all in its influence on share values at the Stock Exchange was the announcement reported in the daily papers on Tuesday morning, Jan. 21, that the Inter-State Commerce Commission had overruled the Director-General in a rate matter. Irrespective of the merits of the particular controversy in which this rate issue was raised, the action caused keen disquietude because it revealed the Commission in its old attitude again. The day before (on Monday, Jan. 20) there had come the news already referred to with reference to the prospect of further wage increases. The two together served to precipitate in that week a further sharp decline in prices on the Exchange. Some recovery then ensued, followed on Saturday, Jan. 25, by4a sharp upward reaction on• the announcement 17 after the close of business the day before that money restrictions as regards Stock Exchange loans had been discontinued. On this news, active stocks opened at an advance of from 1 to 2 points over the close the previous day. The advance, however, was not maintained, the most of it being lost before the end of the half-day session. On Wednesday, Jan. 29, Steel common sustained a serious break, due to the action of the board of directors late in the afternoon of Tuesday reducing the extra dividend on the shares, and due also to the nature of the Corporation's income statement for the December quarter, it recording a large falling off in profits. As noted above, the quarterly dividend was made only 1% regular, with 1% extra, as against 2% extra at the previous quarterly declaration and 3% extra at the preceding quarterly period. At the same time it was known that the steel trade during January had continued in an unsatisfactory state as regards both the volume of business and prices, besides which the unfilled orders on the books of the subsidiary companies of the Steel Company had on Jan. 1. shown a further decrease of 745,511 tons. The result altogether was that Steel common, which had closed on Tuesday, Jan. 28, at 923.1, opened on Jan. 29 on large sales at 899.j to 903i, and later in 4 the day got as low as 883 , with the close at 89 8 . The stock had sold at the same low point (88%) on Jan. 21 in the general break in the market the previous week. This was a decline from 96% on Jan. 3. In Bethlehem Steel Class B there had been a decline of about the same number of points— that is from 63M Jan. 3 to 55% Jan. 21. In this last instance, however, there was a recovery to 593' by the close Jan. 31, while Steel common closed Jan. 31 at 89%, or only fractionally higher than the low figure of the month. Another untoward development as far as the stock market was concerned came in the cut in ocean freight rates the latter part of the month. This caused a down turn in International Mercantile Marine under which the preferred shares Jan. 31 3 got don to 95%, against 113% Jan. 3. The tone of the general market improved somewhat at the close. Distillers Securities stock, strangely enough, in face of the adoption of the National Prohibition Amendment,gained several points during the month, and the motor stocks and oil shares also gave a good account of themselves. The copper shares were weak most of the time on the poor demand and lower price for the metal. VOLUME OF BUSINESS ON THE STOCK EXCHANGE. Month of January— 1919. 1918. 1917. 1916. Stock sales— 11,858,465 No.of shares 13,616,357 16,939,440 15,956,944 Par value $1,126,755,705 $1,279,740,700 $1,537,971,930 $1,427,403,335 Bond sales (par value) RR.& misc. bonds $41,335,000 $33,092,50Q $89,757,000 $100,348,000 U. S. Govt. bonds 167,167,500 51,597,500 20,000 41,000 State, municipal & foreign bonds 68,356,000 22,106,500 34,835,000 17,635,500 Total bond sales $276,858,500 $106,796,500 $124,612,000 $118,024,500 In the money market there were no special features. Rates tended downward both on call loans and time commitments. The lifting of restrictions as to Stock Exchange loans does not appear to have had any particular influence upon the course of rates. Indeed,it may be said that the removal of restrictions on Stock Exchange borrowing grew directly out of the fact that funds were in abundant supply. Trade demands naturally narrowed under the contraction in the volume of trade and the shrinkage in commodity values. The range for call loans during the month was 3%@6% with rates on the closing day (Jan. 31) 4@4%. RATES FOR MONEY IN NEW YORK WEEKLY. Jan. 3. Jan. 10. Jan. 17. Jan.24. Jan.31. Week ending— Call Loans— Stook Exchange—Range for week _ ___ 5-6 33i-6 4-53 33(-5 34-5 —Week's average_ _ 6 5 4X 4X 41 Time Loans— 5g-534 5g Sixty days 5 5 5-53 5-5g 5 Ninety days 5g-534 5g-5g 5-5X Four months 5)4-6 5A 5X 5-53i 5X-54 53'-6 Five months 5% 5-5g 53(-5)4 53.( Six months 534-6 534 5M 5-53.( 534-535 Commercial Paper— Double names--Choloa 60 to 90 days 5g-55( 534-534 5-53j 5-534 5-534 Single names—Prime 4 to 6 months_ -534-5g 534-534 5-554 5534 5-5h —Good 4 to 6 months 5M-6 534-534 534-534 534-534 554-534 18 MONTHLY REVIEW [VoL. 108. =m , .0....0.... aaa aaaaaa aaaaaa aaaaaa aaaaa MMM MMXMXM MXMMXM MMXMMM MM=CM In the foreign exchange market the fluctuations in sterling rates continued trivial, the dealings still continuing under arbitrary control and large operators being unwilling to enter into important new commitments until the actual signing of the peace treaties. The fact that mail facilities were below normal also served to restrict business. In the case of the Continental exchanges, dulness was also a marked feature. Quotations on the Allied centres were well maintained, though the fluctuations were comparatively unimportant. No change was made in the rate of the Italian lire, the Federal Reserve Bank continuing its quotation of 6.36 for sight bills and 6.35 for cable transfers. On the neutral exchanges the tendency was strongly downward except that the Spanish peseta ruled fractionally higher. Swiss francs, which for sight bills early in the month were quoted at 4.85 to the dollar and after some decline were quoted Jan. 15 at 4.821 4 to the dollar, at the end of the month were down to 4.96 to the dollar. Mitch guilders on Amsterdam, which on Jan. 2 were quoted at 42 7-16@423/ for 2 sight bills, on Jan. 31 were only 407 @41. Rates 4 on the Scandinavian centres all declined. Between Jan. 2 and Jan. 31, checks on Denmark dropped from 267 to 253 , checks on Sweden from 293/j to 4 % 27.90, and checks on Norway from 28.00 to 27.10. Checks on Madrid were quoted at 20.05 for the Spanish peseta Jan. 2, 20.15 Jan. 15, and 20.10 Jan. 31. A feature of the month was the resumption in a small way of dealings on Antwerp. IItt MMM NNN eztK a 4 MMMMMM NNNNNN NNN NNNNNN II MMMMMM NNNNNN MMMMMM NNNNNN MMMMM NNGINN NNNNNN NNNNNN NNNNN aaa aaaaaa aaaaaa @@ N@ aaaaa V•t. M , •tietlet. xx aaaaaa aaaaaa aaaaaa aaaaa 411xx=s. 3...41x= 14.4.1.44 4 14 , , MMM NNN 4 .1.0 VeN1 , 4 NNNNNN NNNNNN NNNNNN NNNNN aaa aaaaaa aaaaaa ,FMMMM>,MMciMM aaaaaa aaaaa ,M7 , ,>,F ,MMMM M , ,> 4. MMMM,,Mgggg 1gt...4t.gPggt...4t,.t..4t..PP ggggitgP tO 04.14,1414,140,tivaiv 1414.4.1.*.Arliv , ',1MMMZ MMMMMMZOMOMMMZ MMMMOMZ=MOM 0,44gOgul, 00.oLgO,gooinoo.)gOgulio.1.) meaom@aaaaomoaaaactmeaaaaemaaaa gxxx= ==mg ===g =lx 44t4 4t.14 kiffri§ §§§§§§ §§§§§§ §§§0 . z$ C4 000 000000 000000 000000 00000 N NC- U, HME Ming 11V22 2000-7, ; ul.1, .5 0 .3 , 73 .5 aaaaaa aaaaaa WM0. MMMM22 t-q°°MM 8 .10400 " ; t-•• r.GGG100 .411 0 , gx, 1.41 gxxx= =mu= xx== xxx= aaa aaaaaa aaaaaa aaaaaa aaaaa XM4 XMMXXX MMXMXX XMMMXM XMMMM mmm mmmmmm 4,14,14 .44,14,r4' mmmomm mmmmmm mmmmm 11.11141111.11111111.1111011111 Ili111111110111,1110111111,1 .C10 000t.WC40.NM V0 0r , , , , 0.NM‘I. OC , , ,CW W040,1 , ..... NNNNNNNNNNMM RATES OF EXCHANGE ON,CONTINENTAL CENTRES. Paris Francs Bankers' Checks Cables Swiss Francs Commercial Sight 60 Days Sight Amsterdam Guilders Bankers' Cables Jan.l.... HOLI DAY HOLI DAY 2 ____ 5 4534045% 5 443404434 5 463404834 5 513405134 488 04 85 4 83 (34 82 54534@459i 54434 54834@4634 55134@5134 487 (34 85 4 84 @482 4 ____ 5 453404534 5 463404634 5 51;4(351% 54434 486 4 8234 SUN DAY SUN DAY 6 ___ 5 4534 5 4434 5 4631(34634 5 5134(35134 4 86 4 8234 7 ___ 5 4534(34534 5 4434 5 4634046H 5 5134051% 488 (4)4 874 84 (34 83 5 4434 8 ____ 5 4534(34534 . 5 463404634 5 513405134 488184 8734 484 9 ___ 5 4534 ®4534 5 4431 5 4634(34034 5 5134 ®5134 4 8834834 88 484 1O____ 54554®45/s 54434 5 4634046% 5 5134(351% 4 883404 87 4 84®4 83 11 ___ 54534834534 5 4434 5 46340CM 5 5134(4151% 487834 8634 4 83®4 8234 12 __ SUN DAY SUN DAY 13 ____ 5 45% ©45% 545 ®4434 54634834634 5 5134 ®51% 4 87 ®4 8634 483834 8254 14 ____ 5 45;48445% 5 45 (344% 5 46%04634 5 5134051% 4 8604 84 4 8204 81 15 --- 548 04534 5 4534045 54634834834 552 (351% 4 83834 8234 480834 79 16 _.. 545348345% 545548345 546348346% 5 51% ®5134 484834 8334 481834 80 17.•_,. 545 54594 484 481 546% 55194 18 ..5 4534 5 45 5 4634 5 5134 4 85834 84 482834 81 19 ____ SUN DAY SUN DAY 20 __ 5 4534 ©45% 5 45% ®45 5 46% ®46% 5 5134051% 485 482 21 ____ 54634 55134 4 87®4 8634 4 84 ®4 8334 54594 54534 22 __ 5 5134 54834 4 8704 8634 484(84 8334 54534 54554 23 ___ 5 4534 5 4634 54594 55154 489834 88 4 8534(34 85 24 ____ 5 4534 5 5134 54854 54554 489 486 25...._. 5 45% ®45% 5 4534 491 ®4 90 4 89 @488 54634 55134 26 ___ SUN DAY SUN DAY 54554 27_-_5483.4 494 83 4 93 545% 491 55134 28 _... 5 45%(345% 54834 54554 493 490 55154 29 _.. 5 453404534 5 4634 5 5134 4 96 0 4 93 493 (4) 4 90 54534 30__ 545348345% 54634 5 5134 406 (3 4 92 4 9234(34 91 64534 , 31 ___ 5 4534 54634 55134 496 83 4 93 4 93 (4)4 90 54554 Benmark Kroner Sweden Kroner Bankers' Checks Jan.l.... 2 _.. 3 --4 --- Checks Berlin Vienna R'clism'ks Kronen Bankers' Cables Checks Cables HOLI DAY HOLI DAY BOLT DAY 28% 2734 28.00 2934 2834 2934 2634 2934 2934 2754 28.00 2834 2934 2634 2734 28.00 2834 2934 SUN DAY SUN DAY SUN DAY 28.05 26.90 6 -29 2734 2834 28.00 26.65 7 --28.90 2834 29 2734 28.00 8 ___ 26.6234 26.8734 29 2854 28.00 2734 9 ____ 26.6234 26.8734 29 2834 28.00 2734 10 __ 28.6234 26.8734 29 28.00 2834 2794 11 _... 26.6234 29 213.8734 28.00 2834 2734 12 ____ SUN DAY SUN DAY SUN DAY 13 ___ 26.6234 26.8734 29 28.00 2834 2734 14 .._ 26.6234 29 26.8735 2834 28.00 2734 15 ____ 26.6234 26.8734 2934 2834 27.8734 28.1254 16 __ 26.8734 26.6234 29 27.75 28.00 2834 17 .._ 26.6234 26.8734 29 27.75 2834 28.00 18 __ 26.6234 29 26.8754 27.75 2834 28.00 19 ---SUN DAY SUN DAY SUN DAY 20 _.. 26.8734 29 26.6254 27.75 2834 28.00 21 ____ 26.50 26.75 28% 2834 27.75 28.00 22 __ 26.50 26.75 28% 2834 2734 2734 23 ____ 26.40 26.65 28.50 28.70 27.70 27.50 24 ..-__ 26% 28.50 2634 27.75 27.50 2834 25 __ 2634 28.50 2634 27.50 27.75 2834 SUN DAY 28 --SUN DAY SUN DAY 27 __ 26.20 26.40 28.20 28.40 27.60 27.40 28 __ 26.40 26.20 28.20 28.45 27.40 27.60 29 __ 25.75 83 26.00 26.124026.25 27.874(328.00 28.1248328.25 27.00 (4) 27.25 27.25 83 27.50 25.90 26.10 30 __ 27.95 28.10 83 28.15 27.30 27.10 31 ____ 25.75 25.95 27.90 28.10 27.10 27.30 *Nominal. Bankers' Cables Bankers' Checks Cables HOLI DAY HOLI DAY 424o:34234 4214.0423.( 4248(34234 4214404234 4271,(34234 4214,0423.( SUN DAY SUN DAY 421is 42he 4234 4234 4234 4134 ®4234 424604234 4246(34234 424404234 42318(34234 4234834234 4234(34254 SUN DAY SUN DAY 4234(34234 4234834234 4234 4234 4234 4234 4234 42% 4234 562 564 4234 4244 5 64 4234 5 62 SUN DAY SUN DAY 564 4234834234 4234(34234 562 564 413(834134 42 (34234 582 564 413(8341% 42 04234 562 5 64 4134(34134 42 04234 562 4134 41111.®42 *5 67 *5 65 *587 '585 4134 4134 SUN DAY SUN DAY 4134(4)4134 4154834134 '567 '665 4134 '567 '565 4134 *5 67 *5 65 4034 4134 4034041 413404134 '567 '565 40348341 4134834151 '567 '585 Norway Kroner Bankers' Cables Sight Antwerp Francs SUN DAY NO QUOTA TIONS SUN DAY SUN DAY SUN DAY HOLI DAY 638 635 636 635 6 35 6 36 SUN DAY 6 36 6 35 636 635 636 635 636 835 638 635 636 635 SUN DAY 636 6 35 636 635 635 836 636 635 638 635 6 30 6 35 SUN DAY 638 635 635 636 636 635 635 036 0 30 6 35 638 635 SUN DAY 635 836 835 636 6 36 6 35 836 635 836 635 Bankers' Cables HOLI DAY 14 15 14 15 14 15 SUN DAY 14 15 15 14 14 15 15 14 14 15 14 15 SUN DAY 14 15 14 15 14 15 14 15 14 15 14 15 SUN DAY 14 15 14 15 14 15 14 15 14 15 14 15 SUN DAY 14 15 14 15 14 15 14 15 14 15 Greek Drachmas Bankers' Bankers' Sight Cables Checks Cables Russian Rubles Banters' Bankers' Exchange Sight Sight Sight HOLI DAY Italian Lire HOLI DAY 5 1634 5 15 5 1634 515 5 1634 5 15 SUN DAY 5 1634 5 15 5 1634 515 5 1634 5 15 5 1634 515 5 1634 515 5 1634 5 15 SUN DAY 5 1634 5 15 5 1634 515 5 163.4 5 15 5 1634 5 15 5103.4 515 5 1634 5 15 SUN DAY 51634 515 5 1634 5 15 5 1634 5 15 5 1634 5 15 5 1634 5 15 51634 515 SUN DAY 5 1634 515 51654 515 5 1634 5 15 5 1634 515 5 1634 5 15 Spanish Pesetas Bankers' Cheeks Cables BOLT DAY 20.05 20.13 20.058320.08 20.13020.15 20.05020.08 20.128)20.15 SUN DAY 20.00 2005. 20.008320.04 20.088320.10 20.04 20.12 20.04 20.12 20.06 20.14(320.15 20.088320.07 20.14E020.15 SUN DAY 20.078320.10 20.158320.20 20.10020.12 20.20 20.15 20.22 20.12 20.20 20.12 20.20 20.12 20.20 SUN DAY 20.10 20.18 20.07®20.10 20.15 20.088320.10 20.15 20.07 20.15 20.07 20.15 20.07 20'15 SUN DAY 20.008320.07 20.14020.15 20.06020.07 20.148420.15 20.068320.08 20.148420.15 20.06020.08 20.140420.15 20.10 20.18 19 NEW YORK STOCK EXCHANGE MONTHLY AND YEARLY RECORD The following tables furnish a complete record of the Now York Stock Exchange transactions for the past month and the year 1918. They need no extended introduction, as they are self-explanatory. The tables embrace every security (excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The:exceptions to the rule are income bonds and bonds on which interest is in default. This method ofZquoting 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 1919 AND RANGE FOR THE YEAR 1918. Int. PerEXCHANGE iod. BONDS N V STOCK Sales in January 1919. Sales in December 1918. -177141tirWIT,V-PRICES IN JANUARY. Jan. 2. Jan. 31. Lowest. RANGE FOR YEAR 1918. Lowest. Highest. U S Government Securities! Bid. Ask. Bid. Sale Prices. Ask. Sale Prices. Sale Prices. Sale Prices. 33s 1st Liberty Loan_ _1932-47 J -D 15167 000 12,710,000 99.60Sale 99.00 Sale 98.50 Jan. 24 99.80 Jan. 2 97.20 Jan. 31 102.50Aug. 22 45 1st Liberty Loan_ _ _ _1932-47 J -D 1,296,000 871,000 93.02Sale 93.10 Sale 92.50 Jan. 13 94.18 Jan. 20 92.20Dec. 20 98.500ct. 10 4s 2d Liberty Loan_ _ _ _1927-42 M- N 7,571,000 6,637,000 93.00Sale 92.86 Sale 92.10 Jan. 13 94.10 Jan. 16 92.60Dec. 26 100 Nov. 8 4s 1st Liberty Loan_1932-47 J -D 1,335,000 2,042,000 06.50Sale 95.60 Sale 95.50 Jan. 27 96.60 Jan. 2 93.80Aug. 17 99.000ct. 10 43(s 2d Liberty Loan_1927-421M- N 28345 000 42,975,000 95.00Sale 94.56 Sale 94.36 Jan. 28 95.32 Jan. 8 93.10July 31 98.14Nov. 12 43s 3d Liberty Loan 1928 M- S 49245 000 62,100,000 96.50Sale 95.44 Sale 95.30 Jan. 29 96.50 Jan. 2 94.00Dec. 30 99.10May 10 43s 4th Liberty Loan_ _ _ _19381A -o 67002000 102,670,000 93.50Sale 94.44 Sale 94.30 Jan. 24 95.72 Jan. 7 94.00Dec. 30 98.10Nov. 12 April 1930 Q - J 2s cons reg 98 98 Jan. 29 99 July 31 97 25 cons coup April 1930 Q - I 2,000 98 98 9734 April 10 987-4 Aug. 7 1925 Q - F 4s registered 25,000 106 106 101% .Tan. 22 104% Jan. 22 105 Feb. 1 107 Aug. 19 '1925 Q - F 45 coupon 33,000 106% 106 10434 Jan. 21 1043-4 Jan. 20 105 Feb. 6 107 Aug. 21 Pan Canal 10-30-yr 2s_Aug 1936,Q - F 98 98 98 June 24 98 June 24 1936,Q - F Registered 973.4 Feb. 21 9834 Aug. 5 Pan Canal 10-30-yr 2s regis 19381 Q -N 98 973,4 Feb. 21 99 July 23 98 1961 Q -M Panama Canal 3s 88 88 85 June 21 853.4 Oct. 25 1961 Q -M Registered 88 88 May 23 89 Sept. 27 85 State and City Securities -4s__ 1960 M- S New York City 58,000 33,000 97% 98% 96% Salo 96 Jan. 22 9734 Jan. 3 8734 April 18 9834 Nov. 29 4 M,s Corporate stock_ _ _1964 M- S 31,000 60,000 97% 98% 96 97 963-4 Jan. 17 98 Jan. 16 8734 April 22 9934' Dec. 6 4s Corporate stock_ _ _1966 A -0 25,000 57,000 99% Sale 96 96% 963-4 Jan. 14 99%, Jan. 2 8734 April 19 993.4 Nov. 30 Corporate stock__ 1967 J - J 43's 29,000 34,000 100% Sale 100% Jan. 31 1013 Jan. 6 102 Dec. 17 1033.4 Nov. 25 4 4%s Corporate stock_ _ _1965 J -D 21,000 50,000 101% 103% 100% 100% 101 Jan. 17 1013-4 Jan. 15 9334 Aprll 18 1035 Nov. 13 % 44s Corporate stock_ _ _1963 M- S 17,000 53,000 102 Salo 100% 101 100 Jan. 21 102 Jan. 2 93 AprIl 18 10334 Nov. 14 4% Corporate stock__ 1959 M-N 42,000 16,000 90% 92 91 Jan.. 24 9234 Jan. 8 85 April 18 94 Dec. 9 Corporate stock__ 1958 M -N 41 7 8,000 17,000 92% 93% 00% 91 903-4 Jan. 24 ow, Jan. 4 85 April 22 94 Dec. 2 46 Corporate stock_ _ _ 1957 M- N 7,000 92% 93% 85 Apr1110 9334 Nov. 25 4% Corporate stock__ 1956 M- N 92% 93% 901 91% 4 85 Jan. 3 903 , July 31 1957 M- N New 44s 48,000 32,000 101% 102 10034 101 10034 Jan. 22 102 Jan. 3 9334 April 19 103 Nov. 29 , 4%7 Corporate stock _ _1957 M-N 31,000 18,000 101% Sale 101 Sale 10034 Jan. 21 1013-4 Jan. 2 9334 April 23 1035 Nov. 13 % 3%6 , Corporate stock _ _1954 M-N / 26,000 83 84% 82 83 76 AprIl 24 85 Nov. 13 NewYork State -4s 1961 M- S 98 97 99 July 25 99 July 25 99 Highway Impt 43s_ __ _1963 M- S 107% 107 10434 Jan. 10 s107%Feb. 27 Highway.Impt 43s__1965 M- S 101 10034 June 1 10154 May 25 Canal Improvement 4s_ _1961 J 1,000 101 97 101 973,4 Jan. 17 9734 Jan. 17 9434 April 25 9834 July 10 Canal Improvement 4s_ _1962 J 10,000 97% 9734 Oct. 30 0834 Aug. 8 Canal Improvement 4s_ _1960 J - J 98% 97 9434 April 25 975% Oct. 30 Canal Improve't 4%s_ _ _1964 J - J 5,000 106% 107 10634 Jan. 9 10634 Jan. 9 105 Jan. 1110834 Aug. 5 Canal Improve't 4 M,s_ _ _1965 J - J 41,000 101 10234 Dec. 3 10434 June 12 Foreign Gov't Securities Amer Foreign Securs 5s_ _ _1919 F - A 1,850,000 2,201,000 99% Sale 99% Sale 99% Jan. 2 oom Jan. 9 9434 April 9 100 Dec. 26 Anglo-French 5 -year 5s A -0 10754 000 11,059,000 97 Salo 963/ Jan. 13 97% Jan. 31 8834 Jan. 2 9734 Dec. 27 97% Sale Argentine-Internal 5s of 1909 M- S 2,000 6,000 89% 93 89 90 Jan. 28 93 Jan. 11 78 Jan. 8 893-4 Nov. 18 Bordeaux (City of) 3-yr 6s_1919 N 654,000 735,000 101 Sale 101% Sale 10034' Jan. 20 101% Jan. 7 84 Jan. 4 102 Nov. 7 Imperial Chinese GovtHuktiang Ry sterling 59_1951 J -D 12,000 13,000 70 Sale 71 Sale 70 Jan. 2 71 Jan. 16 5334 Mar. 26 72 Nov. 13 Rep of Cuba 5s ext debt__ _1904 M- S 16,000 3,000 95% 93 95 9234 Jan. 14 93 Jan. 13 9034 Jan. 8 100 May 27 5s ext debt ser A of 1914_1949 F - A 5,000 92% 9034 9634 9234 Jan. 13 9234 Jan. 13 903.4 Jan. 25 94% May 23 4%s external loan 43,000 1949 F - A 82% Sale 82 Jan. 3 83 Jan. 22 80 Mar. 18 84 April 22 83 81 Dominion of Canada g 5s.1921 A -0 230,000 80,000 98 Sale 9834 Sale 9734 Jan. 7 98% Jan. 31 9334 April 23 99 Nov. 14 Do do 119,000, 1926 A 106,000 97% Sale 9734 Sale 9634 Jan. 14 98 Jan. 4 907 Jan. 2 9734 Nov. 12 % Do do 282,000 1931 A 198,000 97% Sale Sale 973-4 Jan. 2 9834 Jan. 9 8834 Jan. 3 99 Nov. 14 973-4 French Republic 2-yr 5%s_1919 A -0 12783000 3,565,000 104% Salo 10134 Sale 103 Jan. 13 104% Jan. 3 04 Jan. 4 1053.4 Dec. 27 Imp Japanese Govt -£45s1925 F - A 23,000, 19,000 87 Sale 8634 Jan. 6 88 Jan. 18 803.4 April 18 9234 Jan. 31 87 Sale 2(1 series 4%s 17,000, 1925 J 13,000 85A Sale 8734 8834 86 Jan. 6 87% Jan. 20 8334 May 2 9234 Jan. 31 do German stamp 91,0001 64,000 84 Jan. 22 85% Jan. 4 77 Jan. 2 90 Nov. 15 Sterlinq loan 4s 2,0001 1931 J 4,000 75% Sale 7034 7434 75 Jan. 6 75% Jan. 2 7334 June 28 76 Feb. 14 Lyons (City of) 3 -year Gs_ _1919 M- N 668,000' 253,000 101% Sale 10134 Sale looy Jan. 20 101% Jan. 2 84 Jan. 4 1023.4 Nov. 7 Marseilles City of) 3-yr Gs.1919 M- N 699,000 461,000 101 Sale 10134 Sale 10034 Jan. 23 101% Jan. 31 84 Jan. 3 103 Nov. 12 S of Mexico external gold loan of 1899 sinking fund 5s Q - .T 2,000, 4,000 66 70 56 55 663-4 Jan. 6 70 Jan. 13 40 Jan. 25 64 Dec. 26 4s gold debt of 1904_ _ _ _1954 J -D 4,000' 55 Sale 55 Jan. 14 55 Jan. 14 40 Oct. 14 53 Nov. 25 43 Paris (City of) 5 -year 6s_._1921 A.-0 2,220,000, 1,694,000 99% Sale 9934 Sale 9834 Jan. 23 99% Jan. 3 815-4 June 13 9934 Oct. 19 Prov of Alberta deben 4%s 1924 F - A Tokyo City loan of 1912 5s... M- S 25,0001 6,0001 81 82% 81% 82% 81 Jan. 3 83 Jan. 11 68 Jan. 3 82% July 8 United King of Gt Brit & Irei'd -year notes 53's 3 2,910,000 1919 M- N 1,548,0001 100 Salo 100 Sale 9934 Jan. 20 100 5-16Jan 22 95% Jan. 4 100 Dec. 27 -year notes 53/as 5 1921 M- N 3,277,000 1,708,000 98% Sale 98% Sale 9734 Jan. 13 9834 Jan. 29 91% Jan. 3 9934 Dec. 30 Convertible notes 53s_ _1919 F - A 15429 000 3,941,000 101% Sale 100% Salo 100 Jan. 181101% Jan. 2 97% Jan. 2 105 Nov. 15 5 20-year gold bond 5%s_ _1937 F - A 3,025,000 36,000 101% Sale 100% Sale 100 Jan. 20 101% Jan. 2 10034 Dec. 24 10134 Dec. 31 Railroad Bonds Alabama Mid. See At Coast L Albany & Susq. See Del&Hud Allegh & West. See Buff R & P Am Dock & Imp. See Cent of NJ Ann Arbor 1st d 4s_ _July 1995 Q-Gen g 49_1995 A -0 Atch Top & S F Registered 1995 A -0 Adjustment g 4s_ __July 1995 Nov July 1995 Nov Registered 1995 M- N Stamped 1955 J -D 50-year cony gold 4s 1960 J -D Cony 4s issue of 1910 East Okla Div 1st g 4s_ _1928 M- S Rocky Mt div 1st 4s A_ A965 - J Short Line 1st 4s gold_ _ _1958 J - J Cal-Ariz 1st & ref 43s_ _1962 M- S S Fe Pres & Phe 1st g 5s_1942 M- S Atlan Knoxv & No. See L & N Atl Coast L 1st g 4s ..July 1952 M- 5 General unified 43,4s_ ___1964 J -D Ala Mid 1st guar g 5s__ _1928 M- N Brunsw W 1st gu g 4s_1938 J -J 7,000 278,000 9,000 22,000 2,000 11,000 2,000 4,000 1,000 24,000 6,000 Highest. 5,000 55 57 55 Jan. 28 57 Jan. 28 51 58 July 26 279,000 85 Sale 83% 83% 833-4 Jan. 24 8534 Jan. 4 79 Sept. 27 83 80 89 80 80 April 16 3,000 79% 80% 78% 80% 7934 Jan. 22 8034 Jan. 27 7134 April 8 733.4 June 19 227,000 79 Sale 75% 783,4 753,4 Jan. 30 793-4 Jan. 25 70 Sept. 20 13,000 77 Sale 76% 76 Jan. 16 77 Jan. 3 713,4 Oct. 9 75 4,000 95% 98 95 91 Jan. 13 9534 Jan. 17 82 April 17 92% 93 92% 92% 92% Jan. 3 923-4 Jan. 22 9134 Aug. 26 82% 82% 79 June 20 5 3,000 81 Sale 81 80 79 Jan. 20 81 Jan. 2 74% Oct. 10 5,000 85% 86% 85 Jan. 20 85 Jan. 20 79 Mar. 27 85 93 94 32,000 83% 85 50,000 86 91 96 80% 89 82% 84 83% 86 96% £80% 89 8334 Jan. 28 85% Tan. 6 77 July 85 Jan. 22 88 Jan. 4 74 Oct. 95% June 78 Oct. 8 10 4 9 6454 Nov. 12 90 Nov. 8 8534 Nov. 30 81 Nov. 9 7334 June 19 823,4 Nov. 9 87 May 16 963-4 Nov. 19 913.4 Aug. 26 70 June 20 86 Dec. 5 8534 Nov. 20 89% 893,4 98% 78 Nov 15 Nov. 12 Nov. 8 Oct. 9 20 Int. BONDS PerV STOCK EXCHANGE iod. Sales in January 1919. Sales in December 1918. $ N $ Atlantic Coast Line (Con.) Charles & Say 1st g 7s_ _1936 J - J L & N count gold 4s_Oct 1952 M-N 24,000 Say Fla & W 1st g 6s_ _ _1934 A -0 1934 A 1st gold 5s Atlan & Danv. See South'n Ry Austin & N W. See So Pacific -Pr lien g 3%8,1925 J - J 125,000 ttalt & 0 " Registered Q- J July 1948 A -0 143,000 Gold 4s Registered @- J 20-year convert 43's_ _1933 M- S 336,000 Refund & gen 5s ser A_ _1995 J - D 169,000 Pittsb June 1st g 6s_ ___1922 J - J 1,000 Pitts Jct & M D 1st g 3%s'25 M- N 36,000 PLE&WVaSys ref g 4s_ _1941 M- N 7,000 S W Div 1st gold 3%s__1925 J - J C 0 Reorg 1st con g 4%s 1930 M- S Clev Lor & W con 1st g 5s '33 A -0 Mon R 1st guar gold 5s_1919 F - A 1,000 Ohio River RR 1st g 5s_ _1936 J -D 64,000 1937 A -0 General gold 5s Pitts Clev & Tol 1st g 6s_1922 A -0 , 0_1943 J -D Stat Is! Ry 1st gu g0 22,000 Tol Cin 1st & ref 4s Ser A1959 J - J Beech Creek. See NYC&HR Belley & Carond. See Ill Cent Bolivia Ry 1st 5s 1927 J - J Bruns & West. See AU Coast L Buff R & P gen g 5s 1937 M- S 1957 M-N Consol 4325 Allegh & West 1st g gu 45 '98 A -0 Cl & Mah 1st gu g 5s_ _ _1943 J - J Roch & Pittsb 1st g 6s 1921 F - A Consol 1st gold 6s_ _ _1922 J - D Burl C R & No. See C R I & Pac Can Sou con gu A 5s 1962 A -0 .14,000 1962 A -0 Registered Garb & Shawn. See Ill Central Carolina Cent. See Scab Air L 2,000 Caro Clinch & Ohio 1st 58_1938 J -D Carthage & Ad. SeeNY C& H Ced R Ia F & N.SeeBCR& Ni Central Branch. See Mo Pacific, Central Ohio. See Bait & Ohio 1,000 Cent of Ga-lst g 5s_Nov 19451 F -A 11,000 Consol gold 5s 1945 M- N N 1945 MRegistered Chat 1Div pur money g 481951 J -D Mac & Nor Div 1st g 5s_1946 J - J Mid Ga & At! Div 5s 1947 J - J 1,000 1946 J - J Mobile Div 1st g 5s ten RR&B of Ga-Col g 581937 M-N 47,000 Central of N J-Gen g 5s_ _1987 J - J Registered July 1987 Q - J Am Dock&Imp Co gu 5s.1921 J - J Leh & H R gen gu g 5s.1920 J - J N Y & L Br gen g 4s____1941 M- S Central Pacific. See So Pac Co 1,000 Cent Ver 1st gu g 4s_May 1920 Q - F 6,000 Ches & 0 -Fund & imp 58_1929 J - J 1939 M-N 122,000 1st cons gold 5s 1939 M-N Registered 43,000 General gold 1992 M- S 1992 M- S Registered ---20 -year convertible 4%s.1930 F - A 161,000 30-yr cony 55 secur bonds1946 A -0 640,000 Big Sandy 1st 45 1944 J -D Coal Riv Ry 1st gu 4s 1945 J -D Craig Valley 1st g 5s_ ..1940 J - J Potts Creek Br 1st 4s_ 1946 J - J J R& A Div 1st con g 4s_ _1989 1989 .14- J 2d con gold 45 M- S Warm Spr Val 1st g 58_1941 Greenbr Ry 1st gu g 4s_1940 M- N 3,000 Chic & Alt RR-Ref g 3s_ _1949 A -0 39,000 Railway 1st lien g 34s_ _1950 J - J 2,000 Chic Burl & Q-Denv D 4s 1922 F - A 5,000 Illinois Division 3%s_ _ _1949 J - J 1949 J - J Registered 19,000 1949 J - J Illinois Division 4s Registered 1949 J - J 3,000 Iowa Div sink fund 5s_ _1919 A -0 1919 A -0 Sinking fund 4s 58,000 Nebraska Extension 4s_1927 M-N 1927 M-N Registered 4s joint bonds. See Grt Nor 1958 M- S 177,000 General 4s 1,000 Chic & E Ill-Ref & impt g 4s'55 J - J 1,000 Trust Co ctfs of deposit_ 1934 A 1st cons gold 6s 1937 M- N General cons 1st 5s 193'7 M- N Registered 2,000 S M & Tr Co ctfs dep___ _____ 2,000 do do stamped_ Guar Tr Co ctfs of dep_ Pur money 1st coal 5s_ A942 F - A Ch & Ind Coal Ry 1st 5s.1936 J - J Chic Gt West-lst 50-yr 4s1959 M- S , 159,000 Chic Ind & Lou-Ref g 6s_1947 J - J Refunding gold 5s 1947 J - J Refunding 4s Series C 1947 J - J Ind & Louisv 1st gu 4s_ _1956 J - J Chic Ind & Sou-50-yr 4s_1956 J - J Chic L S & East-lst 43-8_1969 J -D Chic Milw & St Paul Gen g 4s Ser A___ _May 1989 J - J 1925J -D 4s Permanent Gen & ref ser A 4%s Jan 2014 A -0 ref cony ser B 5s Jan 2014 F - A Gen Gen g 3%s Ser B_ _May 1989J - J General 43s Ser C_May 1989 J - J 1934 J - J -year debenture 4s 25 1932 J -D Convertible 4%s 1921 J - J Ch & L Sup Div g 5s Ch & Mo Riv Div 5s1926 J - J 1921 J - J Chic & P W 1st g 5s C M & Puget S 1st gen 4s1949 J - J Dubuque Div 1st s f 6s_ _1920 J - J Fargo & So assum g 6s_ _1924 J - J 1919 J - J 1st La Crosse & D 5s Wise & Minn Div g 5s_ _1921 J - J 1920 J - J Wis Val Div 1st s f 6s Mil & Nor 1st ext 43s 1934 J -D 1934J -D Cons ext 4%s [VoL. 108. -STOCK EXCHANGE RECORD BONDS 2,000 Bid. 17,000 17,000 187,000 35,000 3,000 1,000 Jan. 31. Ask. Bid. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Lowest. Ask.' Sale Prices. 111 111% 76,000 78% 80% 77 78% 78% Jan. 10 78% Jan. 17 69% Oct. 3 81% Nov. 14 108 Dec. 16 108 Dec. 16 108 1,000 108 93% 95% 21,00 88 88 51 88 893's 88 140,000 82% Sale 154,000 79% Sale 70,000 81 Sale 87% 9,000 75% 78 87 56,000 82 89% 95% 95% 89%, 99 77% Sale 79 78 Sale 82 Sale 10,000 95 2 73% Sept. 17 87 Jan. 23 96 Jan. 18 90 65% Jan. 30 68 Oct. 4 87% Dec. 30 Mar. 2 83 Nov. 8 Sept. 27 88% Nov. 12 Aug. 3 96% June 28 Jan. 23 Jan. 18 88 May 17 88 May 17 99% Mar. 6 99% Mar. 0 Jan. 7 57% Sept. 17 68 99 99% 107 90% 76% 86% 101% 101% 101% 96% 933 Nov. 13 3 76 Jan. 22 80 Jan. 2 75% Sept. 5 88 Nov. 13 80% Jan. 22 82% Jan. 4 75% Oct. 3 92% Nov. 12 96 90 5,000 66% 67% 66% Sale 99% 107 87% 76% 86% 101 101 Jan. 23 89% Jan. 15 85% April 18 923( Nov. 19 75%, Jan. 24 82% Jan. 84 833' Jan. 15 83% Jan. 15 81 86 72% Jan. 31 78 Jan. 3 72 72% Sale 84 84% 84 Jan. 30 86% Jan. 14 80 89% 93% 95% 95% 91 96% Nov. 27 Mar. 15 99% June 22 101 May 13 103 Feb. 1 99% April 9 103% April 18 94% 95 Sept. 26 100 Nov. 12 Jan. 24 82% Nov. 21 84 Nov. 13 Jan. 14 95% Jan. 14 85 84% 7,000 100 50,000 94 82 82 102 101 943 904/ 94 100 94 73% 86% 87% 91% 15,000 86% 105 Sale 1,000 106% 6,000 99% 16,000 72,000 271,666 485,000 Jan.'24 82 Jan. 9 100 Jan. 9 98% April 25 99% Dec. 2 Jan. 25 94% Jan. 9 85 July 6 04% Dec. 27 72% Nov. 7 72% Nov. 7 90 May 7 90 May 7 73% 86% 87% 91% Jan. 16 91% Jan. 16 8431 July 16 84% Aug. 22 91% 83 June 27 887- Dec. 13 86 89 102 Jan. 27 105 Jan. 3 100 May 2 108% Nov. 15 102% 104 100 Sept. 23 104 Feb. 7 106% 97% Oct. 2 100 Dec. 7 100% 100 April 6 100 April 6 86 65 Jan. 11 65 Jan. 11 65 Jan. 22 673j Aug. 20 70 75 83 92 Jan. 8 93% Jan. 15 80 April 1 94 July 16 91% 93 98% Jan. 20 99% Jan. 6 94% Aug. 7 101% Dec. 5 99% 98% Sale 98 100 77 Jan. 30 83 Jan. 2 72 Jan. 18 80 Nov. 12 82 Sale 78 Sale 72 77% 3 81% Sale 77% Jan. 22 81% Jan. 3 65% Jan. 17 85 Nov. 12 79% Sale 89 Sale 84% Jan. 22 89 Jan. 2 76 Jan. 18 9058 Nov. 12 85% Sale 75 Nov. 22 75 Nov. 22 76 76% 68 82% 76 90 76 74 90 68% 75 68% 75 92% 73% 73% 55 40 101,000 39 99% Sale 25,000 75% 77% 1 71% 18,000 85% 86 82 1,0001 99% 98% 99% 16,000 92% 94 28,000 82 22 22 3,000 99 75 8 70 75% 75 56 83% 28 28 102 78% 75 90 330,000 62% Sale 100 82 65 81% 39,000 52,000 386,000 116,000 RANGE FOR YEAR 1918. PRICES IN JANUARY. Jan. 2. 76 30,000 62,000 80% 84 520,000 73% Sale 105,000 80% Sale 66 69 87% 12,000 83 74% 19,000 72 348,000 79 Sale 2,000 97% 98% 95% 100 43,000 98 98% 78% 12,000 100 104 10331. 1,000 98% 98% 99 1,000 88% 9,000 76% 90 52 36% 99% 75% 55 Sale 101 Sale 84% 86 Oct. 25 76% Nov. 22 52 Jan. 11 53 Jan. 10 50 Feb. 15 36 Jan. 29 40 Jan. 14 353( April 18 6 % 99% Jan. 2 99% Jan. 2 97 Jan. 29 Oct. 1 75% Jan. 31 75% Jan. 15 85 70 Jan. 20 85% Jan. 9 . Sept. 18 88% Dec. 10 99% Jan. 17 99% Jan. 17 98 May 4 99% 97 Jan. 19 98% 93% 92% Jan. 15 93% Jan. 15 89% Sept. 19 93 Mar. 12 91 81 82 Sale 25 2422 23 28 101 102 84% 76% 90 56 Jan. 22 83% Jan. 6 78 Jan. 25 25 Jan. 15 25 Jan. 15 22 Jan. 15 22 98 72 55% Dec. 30 47% Jan. 7 99% Feb. 8 79% Dec. 11 99% 99% 95% 91 Oct. 3 Oct. 18 Nov. 9 Mar. 12 Sept. 27 89 Nov. 12 April 1 30% Nov. 27 May 8 30 Aug. 13 Mar. 8 101 Mar. 20 Aug. 20 72 Aug. 20 28 75% Jan. 7 76% Jan. 15 70 Feb. 1 75% Oct. 17 69 Jan. 14 69 Jan. 14 72% Oct. 17 72% Oct. 14 75 Nov. 14 75 Nov. 61 61% 60 103 82 103 Jan. 15 62% Jan. 3 54 Feb. 18 69 Nov. 12 Jan. 23 98 Feb. 19 101 Oct. 29 Jan. 21 103 77% 84 73% 75 84 Sale 71% Sale 79 Sale 69 66 79 83% 73 70 77 Sale 98% 96 100 96% 97% 78 72 09 104 98 99 96% 98% 99 88% 76% 90% mory.t. 75 Jan. 82% Jan. 69% Jan. 78 :Jan. 17 27 24 21 83 Jan. 22 72 Jan. 30 75% Jan. 23 97% Jan. 20 76% Jan. 20 70% Aug. 20 82% Nov. 9 84 Jan. 11 76% Jan. 17. 88% Nov. 12 7431 Jan. 2 64% Jan. 14 81 Nov. 7 8178 Jan. 9 74 June 17 94 Nov. 9 66 Sept. 20 66 Sept. 20 84%!Jan.^21 77% Oct. 3 89% Dec. 13 73% Jan. 10 66% May 2 81 Nov. 12 82 Jan. 4 71% Feb. 27 89 Nov. 9 97 Jan. 31 97% Dec. 27 92 July 8 94 Feb. 18 98% Jan. 3 95% April 30 100% Nov. 22 74% July 25 80 Nov. 8 97% Aug. 13 99% May 16 98 Jan. 31 98 98%Jan. 10 98% Jan. 10 95 Sept. 4 100 99 Jan. 8 99 Jan. 8 97% April 8 97% 85 April 12 90% 813j Jan. 16 91% Jan. 81 July 10 May 16 Dec. 9 Dec. 17 FEB., 1919.] Int. PerN 'Y STOCK EXCHANGE iod. Sales in January 1919. Chicago & North Western 1886-1926 F - A Extension 4s 1886-1926 F - A Registered_ 1987 M- N General, gold, 3%s Nov 1987 Q- F Registered 1987 M- N General 4s 1987 M- N Stamped _1987 M- N General 5s stamped_ __ Sinking fund 69_ __1879-1929 A -0 1879-1929 A Registered Sinking fund 59_1879-1929 A -0 1879-1929 A Registered 1921 A Debenture 5s 1921 A -0 Registered 1933 M-N Sinking fund deb 5s 1933 M-N Registered Des Pines Val let gu 4391947 M- S From Elk & Mo V let 69..1933 A -0 Man GB&NW 1st gu 3%9'41 J - J Milw & S L 1st gu 3%9_1941 J - J M L S & West let g 69.._1921 M-N 1929 F - A Ext & imp s f g 5s Ashland Div let g OsA925 M- S Michigan Div let g 6s_1924 J - J MMil Spar & N W 1st gu 491947 J S St L Peo & NW 1st gu 591948 -J Sales in December 1918. $ BONDS 1,065 18,000 62,000 3,000 1,000 75,000 Chic R I & Pacific gen g 4s_1988 J - J 1988 J - J Registered 439,000 1934 A Refund gold 43 19,000, 1934 M- S R I Ark & L 4%s rec 2,000 Burl C H & No-gold 59_1934 A Wgug 5s 1921 A CRIF&N M & St L let gu g 7s_ __ _1927 J -D Choc Okl & G gen g 5s Oct'19 J - J 1952 M-N Consol gold 59 5,000 1923 A Keok & Des M 1st 5s 35,000 StP&KCShL1st 4%91941 F - A Chic St L & N 0. See Ill Cent Chic St L & Pitts. See Penn Co Chic St P M & 0 cons 6s 1930 J -D Cons 69, reduced to 3%9 1930 J -D 2,000 _ 1930 NI- 8 Debenture 5s North Wisconsin let 69..1930 J 8,000 St P & S City 1st g 69.._1919 A Superior S L 1st 5s_June 1930 M- S J -D Chic T H & S'east let 59_ 1,000, Chic & W I gen g 6s Dec 1932 Q -M 81,009 7 1952. Consol 50-year 4s Choc Oki & G. See C R. I & P J Cin Ham & D 2d g 4%9_..1937 ..Cin Fin & Ft W 1st guA49'23 m- N 1931 Day & Mich 1st con 4 &StL Cin Ind St L & C. See C Cin San & Cloy. See CCC&StL Clearfield & Mahon. See BR&P 8,000 1993 J D CCC&StLgeng4s 31,000 20-year debenture 4%9..1931 J - J 1993 J -D Gen 59 Series B Cairo Div 1st gold 4s_....1939 J - J Div let g 49_1991 J -J Cin W & M 1,000 St L Div 1st colt tr g 49_1990 M- N 1 1990 M- N Registered 1,000 1940 M- S Sp & Col Div 1st g 4s g 4s1940 W W Val Div let an I St L & C cons 6s_ _1920 M- N First gold 4s__ __Aug 1936 Q - F Registered ____Aug 1936 Q - F Cin S & Cl cons 1st g 5s_192 J -J C C C & In gen con g 69_1934 J - J Ind DI & W let pref 4s__1940 A -0 0 I dr W 1st pref 5s_Apr 1938 Q2,000, Peor & East 1st cons 49_1910 A -0 9,000 1990 April Income 4s Cleve Lor & W. See Bait & 0 Cleve & Mahon Vail. See Erie Cleveland & Pitts. See Penn Co Cleve Short L-lst gu 4%s 1961 A 40,000, Colo & Southern 1st g 4s 1929 F - A 58,000, M-N Refunding & ext 4%s_ _ _1935 J -D 5,000' F W & D City-lst g 69_1921 Colum & Hock V. See Hock Val Col Conn & Term. See Nor & W Conn & Pas Rive 1st g 49_1943 A Cuba RR 1st 50-year 5s g_1952 J -J allas & DelawareWaco.&See Mo K & T J -D Lack Western- Mor & E 1st gu 3%9_2000 1921 J - J NYL&Wlst 69 1923 F - A Construction 59 Term ar improve't 49_1923 M-N War RR 1st ref gu g 3%_2000 F - A Delaware & Hudson 1st lien eq 15-yr g 4%3_1922 J -J 1943 M -N 4s 1st refunding 1935 A-0 Convertible 59 1946 A cony 3%3 Alb & Susq Rens & Saratoga 1st 7s 1921 M-N See Penn RR Del Riv RR Bdge. Den & R G-lst cons g 43_1936 J - J 1936 J -J Consol gold 4%s Improvement gold Ss__ _1928 J -D & refunding 5s_ __ -1955 F - A First Trust co cents of dep Rio Or June 1st gu g 5s_1939 J -D 21 -STOCK EXCHANGE RECORD BONDS Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. - 89 Jan. 22 92% Dec. 9 91% 93% ------------ I -----Aug. 5 95 Dec. 3 94 13 19 71 Jan. 22, ii ;ran. 22 66 Aug. 16 75 Dec. 16 71 72 71 Oct. 71 Oct. I 79% April 22 88 Nov. 13 % 81% Sale 81% Jan. 29' §2- Jan. 25 82 3 79% Oct. 4 82% Sept. 9 1 80% 82 27 103 Feb. 5 103 100% 100 Jan. 16 190% Jan. 16 99% Aug. 24 104 May 24 104 May 1 101 98 90 99 98% 100 96% 80 108 60 2,000 35,000; 1,000 39,000, 4,000 5,000: 24,000 1,000 103 101% 99 93% 104% 101 105 84% 78 9,8 91 76% Sale 80 22,0001 1 356,000, 76 Sale 9,000 70% Sale 11,000' 93% 96 97% 93% 75 Sale 73 71 94% 93 97% 98% Jan. 21 109 In I -an. -- 99 Jan. 21 101 92 68 65 70% Sale 92 Sale Sale 95 93 2 57 2 59 65 Jan. 2 65 69% Jan. 27 71 Jan. Jan. 2 97 Jan. 9 103 Jan. 20 102% Jan. 27 65 Jan. --i6-"Wov. 84 74 68 90 82 57 72 79 80 .87% 80 71% 72% 67 77 76 74 63 100% 99 90 82 92% 107 72 40,000 56 Feb. 13 100 May 23 0,3 Mar. 7 TO Jan. 3 72 -----6 79 Nov. 6 71% 69 Jan. 25 72% Jan. 10 59 Jan. 23 74% Nov. 15 79A 78% Jan. 20 80 Jan. 7 6551 April 3 83% Nov. 13 80 April 2 863j Aug. 15 86 80 62 May 23 65 May 7 76% Jan. 20 76% Jan. 20 63 April 11 76 Nov. 29 77 67 July 2 7134 June 13 74% Jan. 6 74% Jan. 6 99 Sept.23 -54-100% 90 OP ------ 92% 99% 107 72% 106 40 • •-••• Nov. 25 ioi-- Nov. 25 =AD 56 59 42% 56 16% 12% 17% 12 Jan. 17 56 Jan. 16 12 Jan. 171 40 July 9 62 Nov. 12 Jan. 16' 1234 May 7 16% Oct. 23 90 885 Sale 79 Sale 99 102 8334 Sept. 19 87% 94% 88 Jan. 23 8931 Jan. 16 82% Jan. 26 88 87 77% Sale 7751 Jan. 20 79 Jan. 2 66 Jan. 19 99 100% 99% Jan. 20 993 Jan. 20 96 Jan. 9 65 12,000 106,000 64,000 1,000 Feb. 27 May 24 Nov. 8 Nov. 12 102 Jan. it 112 Nov. 14 81% June 4 88 Sept.26 31 2 85% Mar. 1 97 Dec. 7 1003( Feb. 25 18 99% Nov. 22 95 May 22 95 May 58 July 20 58 July 26 103 June 26 105 July 18 29 2 62 Nov. 4 70 Nov. 3 74% 71% 21,000 79 78 75 67 1 76 8451 Nov. 13 7134 May 14 8031 Nov. 7 73 Nov. 29 96 Feb. 13 Jan. 9 72 Sept. 26 71% May 14 74% Jan. 241 76% Jan. 3 62% Mar. 26 70 Jan. 22 72 Jan. 30 62 Feb. 18 06 Jan. 3 96 Jan. 3 95% Dec. 13 75% Jan. 24 79 107% 112 84 97 Jan. 85% 95 101 99% Jan. 100 91% 63 5,000 102% 101% 103% 101% 102% Jan. 70,000 64% Sale 6231 Sale 61% Jan. 75 Dec. 4 ------ 107, Ill 83% 1,000 97 Sale 101 4,000 99% 90 84 Jan. 14 110 98 June 18 10234 mar:21 April 3• Jan. 10 93 Oct. 16 98 102% May 20 i02 May 20 73 July 10 7654 May 23 92 Aug. 20 9834 Nov. 15 95% 95% 91 Dec. 24 91 Nov. 15 82% Nov. 12 9931 Dec. 2 65 95 95 741 io,000' 94% July 24 -54.1".rtiff24 96 Nov. 18 96 Nov. 18 95 Mar. 12 98 Dec. 27 100 Jan. 9 100 Jan. 9 92% Oct. 7 98 Dec. 24 9434 May 14 97 Nov. 15 96 04% 100 99% 97% 99% 97% 1 94 2,000 96 1 2,000' 96% 77% 1,000 109 1 60 1 101 9884 105% 105 80% 91 21,000 65 96,000 71 Highest. Lowest. Highest. Lowest. Jan. 31. Jan. 2. 1 Bid. $ 2,000 91 5,000 90 70 1 43,000 79 1 3,000 100 1 102% 2,000 8,000 RANGE FOR YEAR 1918. PRICES IN JANUARY. 1017 9234 91% 96 7354 Jan. 18 76% April 18 71% 77 100 Oct. 8 102% Jan. 14 101 101% 3 % Jan. 17 97% Jan. 22, 95. Aug. 15 93 Feb. 14 95 98 92 Dec. 18 9331 Jan. 8 91% 95% 96 95% 21,000 85 85% 151,000 95 97% 91 75 75% 80 103 103 65,000 72 .74 2,000 763 80% 80 18,000 54% Sale 10,000 52 .62 92 82 97 85% 95 80 71% Sale 76 73 80 79 50% 54 82 96 Jan. 85 Jan. 95 Jan. 75% Jan. 30 13 3 14 96 Jan. 30, 9351 Feb. 28 94 8551 Jan. 9 79 Sept. 17 885 9534, Jan. 9' 8534 April 29 98 754 Jan. 14 71 April 2 77 101% Aug. 21 103 697 Jan. 7334 Jan. 7934 Jan. 497 Jan. 51 Jan. 24 23 23 29 24 73 76 79 57 51 Jan. Jan. Jan. Jan. Jan. 3 14 23 3 21 6054 Jan. 17 88 Jan. 10 70 Aug. 27 4834 Feb. 8 50 Sept. 11 77 80 90 83 56 Nov. 29 Nov. 1$ Nov. 12 Nov.14 Sept.30 Nov. 9 Nov. 1$ Nov.12 Nov. 12 Oct. 23 22 BONDS -STOCK EXCHANGE RECORD BONDS N I Int. I PerIf STOCK EXCHANGE! iod. Sales in January 1919. Deny & R G-(Concluded) $ Rio Gr Sou 1st g 4s 19401 J - J Guaranteed 19401 - J Rio Gr West 1st g 4s_ _ __19391 J - J 16,000 M & coll tr g 4s Ser A_1949 A -0 7,000 Des M & Ft D. See M & St L Det & Mack 1st lien g 4s__1995 J -D Gold 4s 1995 J -D Detroit River TunnelDet Term Tunnel 1st 4%s'61 M-N 8,000 Dul Missabe & Nor gen 5s_1941 J - J Dul & Iron Range 1st 5s_ _1937 A -0 16,000 Registered 1937 A - o Duluth Short Line. See Nor P Dul So Shore & Atl g 5s_ 1937 J - J East of Minn. SeeSPM & M ast Tenn Reor lien. See So Ry East Tenn Va, & Ga. See So Ry Elgin Jol & East 1st g 5s_ _ _1941 M-N Erie-lst consol gold 7s_ 1920 M- S 10,000 NY & Erie 1st ext g 4s 1947 M-N 2d ext gold 5s 1919 M- S 3d ext gold 4%s 1923 M- S 4th ext gold 5s 1920 A -0 5th ext gold 49 1928J -D N Y L E & W g fund 78_1920 M- $ Erie 1st con g prior 4s_ _1996 J - . 1 1 25,000 Registered J-J 1st consol gen lien g 4s 1996 J - J 252,000 Registered J -J Penn coil trust g 4s_ _ _1951 F - A 1,000 50-yr cony g 45 Ser A_1953 A-0 98,000 Do do Ser B_1953 A -0 37,000 Gen cony 4s Series D_1953 A -0 233,000 Chic & Erie 1st gold 5s__1982 M-N 2,000 Cloy & Mahon Val g 5s_ _1938 J - J Erie Sr Jersey 1st s f 6s_ _1955 J - J 1,000 Genessee Riv RR 1st s f 65'57 J - J 19,000 Long Dock cons gold 6s_1035 A -0 C& RR Co 1st cur gu 6s.1922 M-N D & Impt Co 1st extd 5s.1943 J - J NY&Greenw L guar g 59.1946 M-N . NYSusq&W 1st ref g 5s_1937 J - J 1,000 Second gold 43.s 1937 F - A General gold 5s 1940 F - A I Terminal 1st gold 5s_ _1943 M-N Mid of N J 1st ext 5s_ _1940 A -0 Wilk & East 1st gu g 5s_1940 J -D 1,0001 Erie & Pittsburgh. See Penn Co Ev & Ind 1st con gu g 6s_ _1926 J - J I Ev Sr T H-lst cons g 6s_ _1921 J - J 13,000' 1st general gold 5s 1942 A -0 I Mt Vernon 1st gold 6s_ _1923 A -0 Sul' Co Brch 1st g 5s_ __ _1930 A -0 Fargo & Sou. See Ch M & St P la Cent & P. See Seab Air L Fla East Coast 1st 4%s_ _ _1959 J -D Fort St U D Co 1st g 43is_ 1941 J - J Ft W & Rio Gr 1st g 4s_ _ _ _1928 J - J 15,000 Sales in December 1918. $ [voL. 108. PRICES IN JANUARY. Jan. 2. Bid. 9,000 70 57 67 Jan. 31. Ask. Bid. Sale Sale 78 89 RANGE FOR YEAR 1918. Lowest. Highest. Ask. Sale Prices. 38 70% 71% 70 52 56 57 Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Jan. 23 72% Jan. Jan. 9 57 Jan. 6 63 2 50 Aug. 26 75 Nov. 25 April 15 61% Nov. 8 67% 78 • 89 20,000 82% 83% 81% 83% 83% Jan. 6 84% Jan. 0 73 April 26 8334 Nov. 29 97 95% 96g June 7 97 May 22 1,000 94 100 94% Sale 943/3 Jan. 21 9434 Jan. 21 943/3 Dec. 14 1003 Nov. 8 80 81 99 102 2,000 100% Sale 81% 973 4 90% 96% 87% 100 101 74,000 70% Sale 115,000 54% 56 5,000 161,000 111,000 281,000 5,000 77% 85% 48 Sale 48% Sale 52% Sale 95%j 95% 85% 7,000 87 102 2,000 108 90 86 86 a g0,000 78 80 97 92% 91% 100 81% 97% 90% 96% 81 98% 67 53 82 Jan. 18 87 Mar. 102 101% 993/3 Jan. 23 10034 Jan. 90 2 100 78 96 93 100 70 10034 July 3 10034 July 3 2 65 Mar. 25 79 Nov. 1.2 Sale 77% 47 Sale 4738 Sale 49% Sale 92% 95% 85% 99% 101 98 108 90 87 86% 79 55 71 87 67 Jan. 30 70% Jan. 523/3 Jan. 27 56% Jan. 78 Jan. 47 Jan. 463/3 Jan. 4954 Jan. 94 Jan. 23 7 29 31 28 78 Jan. 49 Jan. 483/3 Jan. 52% Jan. 953- Jan. 101 Jan. 17 101 973/s Jan. 29 101 4 493/3 Jan. 18 643/3 Nov. 12 23 13 15 2 14 86 58 59 62 96 Dec. 12 Nov. 13 Nov. 12 Nov. 12 Dec. 17 Dec. Oct. Dec. Jan. Jan. 21 783/3 Jan. 21 74 Jan. 21 81 Oct. 8 60 97 78 Oct. 25 103 Aug. 14 98 Dec. 13 108 Jan. 14 103 Juno 28 61 Dec. 31 97 April 16 Dec. 31 76 92% 97 Sale 95 97% 65% 70 , .65% 75g Feb. 5 42 Jan. 24 423/3 Jan. 24 48% Feb. 9 82 Sept. 25 Jan. 171 98 Jan. 61 96 108 103 62 72 June 21 99 Nov. 18 April 4 10134 Nov. 29 April 22 78% Oct. 4 Mar. 11 963/3 Mar. 11 Jan. 11 95 Jan. 10 72 Jan. 9 72 Jan. 9 62 p7 Jan. 2 98 Jan. 84 Jan. 23 85 -5 4 24 13 14 Feb. 9 6/ -Oct. 14 97 Nov. 8 97 Nov. 8 Jan. 6 81 May 4 83 Dec. 26 80 Dec. 12 90 Dec. 12 98% 31,000 83% 02 56% 81% 85 56% & San A. See So Pac Co Q & Ala. See Seab Air Line %-lia Galv Hous & Hand 1st 58_1933 A -0 Ga Car & Nor. See Saab Air L Georgia Pacific. See South Ry Gila V G & N. See Sou Pac Co Gouv Sr Oswegat. See N Y Cent Gt Nor -C B & Q coil tr 4s.1921 J - J 1,315,000 Registered July 1921 Q - J 1st & refund 4Yis Ser A_1961 J - J 27,000 Registered 1961 J - J St Paul Minn & ManitobaConsol mortgage 4s_ __1933 J - J 1st consol gold 6s_ _ _ _1933 J - J Registered 1933 J - J Reduced to gold 43/3s_1933 J - J' 3,000 Registered 1933 J - J Mont Ext 1st gold 4s_1937 J -D Registered 1937 J -D Pac Ext sterling gu 4s_1940 J - J E Ry M No Div lst g 48_1948 A -0 Minneap Union 1st g 63_1.92- J - J Mont C 1st gu gold (Is_ _1937 J - J Registered 1937 J - J 1st guar gold 5s 1937 J - J 1,000 Registered 1937 J - J Will & S F 1st gold 5s__1938 J -D Greenbrier R. See Ches & 0 G Bay & W deb ctfs A($100 par) Feb Debenture ars B (par 8100) Feb 2,000 G&ShI 1st ref & ter Sag Feb '52 J - J 6,000 Registered Feb 1952 J - J 'Jock Val 1st con g 4%s_ _1990 J - J H1 idiRegistered • 1999 J - J Col & II V 1st ext g 4s_ _1948 A -0 Col & Tol 1st ext 4s_ _ _ _1055 F - A Housatonic. See N Y N H & H H & Tex Cent. See So Pac Co Hous Belt & Ter 1st 5s___1937 J - J 'rhino's Central-lst g 4s_1951 J - J A Registered 1951 J - J 1st gold 33/as 1951 J - J Registered 1951 J - J Extended 1st g 33/3s_ 195l A -0 Registered 1051 A -0 1st gold 3s sterling 1951 M- S Collateral trust gold 4s_ _1952 A -0 Registered 1951 A -0 1st refunding 4s 1955 M- N Purchased lines 33/3s_ _ _ _1952 J - J Coll tr g 4s L N 0 & T_ _1053 M- N Registered 1953 M- N Cairo Bridge gold 4s_ _ _ _1950 J - D Litchfield Div 1st g 3s_ _1951 J - J Lou'v Div & Term g 3%31953 J - J Registered 1953 J - J Middle Div regis 5s 1921 F - A Omaha Div 1st g 3s_ __ _1051 F - A St Lou Div & Term g 3s_1951 J - J Gold 33/3s 1951J - J Registered 1951 J - J Springf Div 1st g 3%s....1951 J - J Western Lines 1st g 43_ _1951 F - A Registered 1951 F - A 18,000 1,000 75 81 1,066,000 95% Sale 10,000 80 Sale 4 895 93 111 106 1,000 94 Sale 90 99 2,000 87% 88 85A 76% 83 101 y 110 108 99 963/3 973/3 13,000 83 86 84 95% Jan. 853/3 Jan. 24 89 Sale 2,000 83 95 2,000 79 75% 44,000 83 6934 45,000 77% 74% 78% 60% 71 2 95% Jan. Jan. 7 92 Mar. 25 9634 Nov. 7 91% Mar Nov. 1 2 85 Sept. 25 945 Nov. 27 923 88% 93 86% Mar. 2 893/3 April 22 111 106 Oct. 9 111 Nov. 14 106% 92 103% 94 Jan. 2 95 Jan. 8 9134 Aug. 10 95 May 1 90% 99 88 89 Dec. 13 8134 Jan. 16 90 85% 76% 81% 80 Nov. 4 80 Nov. 4 101% May 13 1003/3 May 13 100 110 10434 Sept. 23 108 Nov. 14 107 97% 993/3 Jan. 17 9934 Jan. 17 923/3 Mar. 26 95 Aug. 8 06% 100 78 80 75 74% 6,000 90% 93 69 73 80 70 73 70 6,000 95% Sale 86 1 65 7954 7,000 954 10 75/3 Sale 1,000 823/3 83 793/3 82 76% 76% 64,000 25,000 13,000 80 83 7% Jan. 31 8 80 Jan. 21 82 Jan. 14 7 Jan. 3 75 79 Jan. 10 74 Oct. 2 7334 June 12 733/3 Oct.18 67% Jan. 2 Jan. 23 83 May 2 9% May 14 June 13 83 Jan. 11 86 Nov. 14 7534 June 25 73% Oct. 18 75 Feb. 28 89 85 Dec. 3 85 91 69 93 73% 90 71% 81 73!. 71% 87 Mar. 6 95 Jan. 14 7554 Oct. 22 77 July 16 83 78 Sale 75% 83 Sale 70% 73% 75 77 74% 84 79 60% 76% 67% 84% 75 79% 84 77 97 59 59% 61 69% 65 69% 70% 70% 76 64% 64% 65 Pt% 65 81% 7,000 77Y 'Pi 76 78 Jan. 31 79 Jan. 7 723/3 April 3 823/3 Jan. 24 84% Jan. 3 7734 Aug. 30 72 Jan. 18 72 Jan. 18 70 Mar. 14 75 Jan. 27 7734 Jan. 15 71% July 9 72 Feb. 26 78 Nov. 20 Dec. 3 80 Dec. 11 87 71 82 72 78 N•v. 15 May 13 Nov. 9 Feb. 26 Nov. 20 6434 April 25 733/3 Nov. 4 583i April 12 58g Apr 12 62 Feb. 25 62 Feb. 25 63 Feb. 7 0554 Aug. 1 75 Oct. 28 80% Dec. 3 Int. PerV STOCK EXCHANGE iod. BONDS N Illinois Central-(Conc.)Belie & Caron(' 1st 6s___1923 J -D Carib & Shaw 1st 4s g _1923 M- s Ch St L & N 0 gold 5s__1051 J -D 1951 J -D Registered 1951 J -D Gold 3%s 1951 J -D d Registere Joint 1st ref ser A 5s1963 J - D 1st g 48_1951 J - D Memphis Div St L So 1st gii g 4s_ _ _1931 M- S & Ind Bl & W. See Cl C C- St L Ind Dec & W. See Cin H & I) 4s__1950 J - J Ind III & Ia 1st gold Intern & Gt No-lst g 6s_ _1919 M- N Iowa Central. See Minn & St L Jack Laos & Sag. See Mich Cen IP ' ames F & Clear 1st 4s_ _1959 J -D & Vall All & G R. See L S- M S an & Mich. See Tol & 0 C KCFtS&M. See StL&SF K C & M Ry & B. See StL&SF K C & Pacific. See Mo K & T 1950 A -0 Kan City South 1st g 3s 1950 A -0 Registered 1950J -5 Apr Ref & Imp 55 Kansas C Term 1st 4s_ _ _ A960 J - J Kentucky Central. See L & N Keok & Des NI. SeeCRI&P Knoxville & Ohio. See Sou fly Sales in December 1918. 1 $ $ Bid. 72% 993 99 95% 100 I I 11,000, I 1,000 65% 65% 41,000 943/2 Salo 71% 77% Lowest. Sale Prices. Ask. Sale Prices. Ask. Bid. i 11,0001 3,000 Highest. Lowest. Jan. 31. Jan. 2. RANGE FOR YEAR 1918. 1 PRICES IN JANUARY. Sales in January 1919. , Sale Prices. Highest. Sale Prices. M 94% Jan. 22 99, Jan. -5 94% Sept. 19 98 Feb. 26 90 Oct. 18 90 Oct. 18 653/2 July 11 653/2 July 11 Nov. 4 3-Jan. 2 95 Jan. ;. 4 851 Jan. 21 96 Oct. 15 x 933/i 94% -oi-10 703/2 Oct. 10 703/2 71% 23 80 Feb. 19 80 Feb. 19 77% 704 Jan. 23 79% Jan. Jan. 20 82 Jan. 24 96 803/2 843/2 82 813/2 9674 96 24,000 953/2 9674 96 Jan. 20 Jan. 24 90 Dec. 10 Jan. 24 96 3,000 5,000 79,000 23,000 g Motioning Coal. See LS&MSo Coloniz g 5s_1934 J -D Manila RR-Sou lines 4s_ _1936 M-N McK'pt&BVern. SeeNYC&LIR Mex Internat 1st cons g 4s_1977 M- S Stamped guaranteed_ __I977 M- S Michigan Central. Se b NY Cent 1925 J - D Mid Term 1st g s f 55 W Mil L S & West. See Chtc&NP See Ch M & St Mil & North. 1927 J -D & St L 1st gold 7s Minn Pacific Ext 1st gold 6s 1921 A -0 1934 M- N 1st cons gold 53 1st & refund gold 4s__.._1949 M- S 1st & ref Os Series A__ I962 Q - F Des M & Ft D 1st gu g 43_1935 J - J Iowa Cent 1st gold 55__ _1938 J -D Refunding gold 4s__ _1951 M- S It Minn & St L gu. See B C- & N M St P& SS M con gold 4s stpd J J 1938 payment of int gu 1938 1st cons 5s M St P & S S M & Cent Term 1st Chic Term s f 43_ _1941 M- N M S S AI & Ail Ist gold 4s stpd payment of int guar__1926 J - J Minneap Un. See St P M & M 5 - J __1949 Mississippi Cent 1st 55_Mo Kan & Okla. See M K & T g 4s_ _1990 J -D Mo Kan & Tex-Ist June 1990 F -A 2d gold 4s 1st extension gold Os_ __1944 M- N & refund intge 4s_ __2004 M- S 1st Trust Co ctfs of deposit_ 6 195- J - J Generals f 43>4s . Trust Co ctfs of deposit_ Lou Div 1st ref g 4s__2001 A -0 St Dal & Wa 1st gu g 5s___1940 M- N Ran C & Pac 1st g 4s_ _ _1990 F - A Mo K & E 1st gu g 5s_..1942 A -0 Mo K &Ok 1st gu 5s_ _ _1942 M-N 90 82 8034 90 2,000 J I ake E & W 1st gold 5s__1937 J - J 1941 - J 1-. 2d gold Os . g 55_ _1945 A -0 North Ohio 1st gu L Sh & Mich So. See N Y Cent 11,000 Leh V (N Y) 1st gu g 4%3_1940 J - J 1940J - J Registered 1,000 g 4s_ 2003 M-N Leh V (Pa) gen con 2003 M-N Gen consol 43/2s 19,000 gu g 5s_ _1941 A -0 Leh V Ter Ity 1st 1941 A -0 Registered 325,000 Lehigh Vali RR coil tr 6s 1928 1 Leh V Coal Co 1st gu g 59_1933 J - J 1933 J - J Registered First int reduced to 4s 1933J - 5 1 Leh & N Y-lst gu g 4s__ _1945 M- S M- S Registered Cent of N J Leh & Hud It. See Long Dock. See Erie Long Isl 1st con g 5s_July 1931 Q - j 1st cons gold 4s___July 1931 Q - J 2,000 1938J -D Gen gold 4s 1922 M- S Ferry gold 434s 1932J -D Gold 4s 1949 M- S Unified gold 45 1,000 1934 J -D Deb gold 5s 6,000, 20-year temp deb 5s_.._ 1937 M-N 16,000 1949 M- S 4s Guar ref gold 2,000 NYB&MBcong5s 1935 A-0 N Y & Ito Bch 1st g 55_ _1927 M- S -5 N Sh Bch 1st con gu 5s Oct'32 Q S 1027 MLouisiana & Ark 1st 5s La Western. See So Pacific Gen Os 1930 .1 -D Lonisv & Nashv1,000 1937 M-N Gold Os 1940 J - J 107,000 Unified gold 45 1940 5 - J Registered 1931 M- N 1,000 Coll trust gold 53 E H & Nash 1st g Os__ _ _1919 J - D & Lox g 4%8_1931 M- N Louis Cin 2,000 1930 J - J N 0 & M 1st g 63 1,000 1930 J - J 2d g 65 15,000 Pad & Mem Div 4s__1946 F - A 1,000 1921 M- S Div 1st g 6s St Louis 1980 M- S 2dxold 35 3,000 & Chi Div g 4s 1955 M-N At! Knox Atl Knox & No 1st g 5s_ _1946 J -I) Hend'son Bdge 1st sf 6s g 1931 M- S 1,000 Kentucky Central 4s 1987 J - J Lox & E 1st 50-yr 5s gu.1065 A -0 L&NMob&M1stg434s_ _ _1945 M- S 1,000 L & N-Sou Mon joint 45_1952 J - JI July 1952 Q - J Registered gu g.5s_ _1937 I -A N Fl & Sher 1st Npt&ChiBgengug 4%s 1045 J - J 18,000 Pens & Atl 1st gu g (39.. _ _1921 F - A A S & N Ala con gu g 5s___1936 F -0 50-yr 5s_ _1963 A Gen cons gu Lou &Jeff BdgeCo gug 4s 1945 M- S 12,000 623,4 65 623/2 Jan. 13 623/2 Jan. 15 58 Jan. 2 65 Nov. 25 Nov. 9 -T3.ii-Jan. 24 85 Jan. 23 7314 Jan. 24 913/2 Nov. 13 7674 Jan. 20 81 Jan. 2 7134 Sept. 18 8334 623/2 65 8534 8434 87 78 Sale Sale 53,000 85 119,000 81 18 92 Mar. 11 89% 8934 Jan. 14 8934 Jan. 14 78 Jan. 85 8034 Oct. 1 8034 Oct. 1 85 2 9434 Jan. 21 92 87 95 92 Jan. 15 92 Jan. 15 8434 Oct. 93 8434 93 7434 July 1 8174 Nov. 1 81 8034 81 8034 Jan. 6 8034 Jan. 6 85 Oct. 7 92 Dec. 20 92 863/2 92 Sept. 19 103 Dec. 26 10734100 10274 9834 Jan. 10 102% Jan. 4 96 Nov. Sale loi - i Sale 10134 Jan. 23 1023/2 Jan. 3 9734 Sept. 13 10334 Jan. 12 2 9634 Mar. 13 101 100 993/2 102 2,000 8934 90 85 85 90 843( 5,000 801/2 5,000 893/2 1,000 101 203,000 10234 1,000 9938 86 7934 79 79 79 70 98% 100% 94% 1003/2 8834 8634 1,000 81 7634 81 8834 8534 98 57; 79 77134 89 803/s 88 77 RON 76 19,000 773/2 704 77 17,000 71 7934 757/2 8234 2,000 94 94 98 5,000 90 98 90 90 4,000 873 9334 873 9334 % 4 1,000 1063/2 10034 22,000 8834 833,4 100 79 Jan. 22 80 81 77 76 94 Jan. 3 81 Jan. 3 Jan. 20 7734 Jan. 4 Jan. 4 7634 Jan. 22 Jan. 15 94 Jan. 15 953/2 10734 10534 Jan. 100 Jan. 84 7934 Jan. my, 100 10034 Jan. 57 I 55% 5536 17,000 7834 83 7834 Jan. 7834 79 9534 9434 / 1013 113 1013 113 % 83 80 83 79 8034 Jan. 9234 101 9034 101 9634 8534 063>4 88 71 Jan. 80 68 76 97 85 10134 96 9134 6834 10134 78 Nov. 30 97 Jan. 10 7834 Nov. 25 84 Nov. 12 94 Dec. 20 94 Dec. 13 18 1053/2 Jan. 4 100 Jan. 16 7934 Jan. 21 10034 Jan. 21 783.1 Jan. 15 8034 Jan. 25 71 Jan. Dec. 23 111 Sept. 28 100 Sept. 26 90 Oct. 31 Nov. 2 Nov. 15 108 93 81 93 Sept. 10 99 Jan. 17 10034 Aug. 20 10034 Aug. 20 87 April 17 87 April 17 18, 100 Sept. 28 1043,4 Dec. 21 41 16' 21 100 Oct. 22 10134 Aug. 30 5734 July 26 5834 Mar. 9 21 74 April 1 83 Nov. 21 95 Nov. 8 953/2 July 20 102 Aug. 2610334 Sept. 6 15 73 May 4 78 Nov. 8 90 Aug. 26 96 April 17 8334 Aug. 16 85 Oct. 10 25 6734 April 6 6334 June 22 Aug. 29 9634 Jan. 4 Feb. 18 April 22 Jan. 11 July 29 • 2,000 53,000 81 7,000 79 54,000 44% 46 , 10,0001 40,000 87 98 90 July 1 104 Feb. 27 ._ 3 71% Sept. 17 79% May 24 Jan. 21 473/2 Jan. 15 41 Jan. 25 5344 Nov. 12 40 Mar. 13 5034 Nov. 15 101 Jan. 30 99 Jan. 31 7634 8234 77 43% Sale 43 Jan. 20 77 Jan. 29 44 Jan. 22 753% Feb. 5 8334 Dec. 11 Jan. 20 40% April 17 52 Nov. 12 8634 87M 86 Jan. 28 89 Jan. 4 80 Sept. 19 90 9434 Aug. 14 102 Nov. 14 Nov. 12 88 88 5,000 9334 96 9034 95 90 , 1,000 1,000 Nov. 30 Dec. 2 Sept. 13 102 10134 Jan. 13 101% Jan. 17 10134 Dec. 19 10234 99 April 22 99 106 9334 Jan. 11 9334 10234 60 July 29 60 10134 99 Sale 99 7834 833.4 44 453/2 46 50 40 55,000 2 Dec. 3 95 99 80 78 39,000 4544 48 12,000 4034 50 6,0001 July 80 80 9,000 71 June 13 97 Jan. 10 70 July 8 723/2 Aug. 9 94 Dec. 20 923/2 April 17 99 100 4,000 2 70 8734 Jan. 18 91 9134 9534 92 2,000 1041 107 102 98 033/2 100 78 78 93% 843/2 1,000 10134 104 9434 106 91 96 6834 July 9134 April 5 96 Jan. 20 71% June 11 81 85 Sept. 13 85 1123/2 108 11234 105 9734 105 10034 Jan. 1110034 Jan. 11 Sale 8534 Sale 8434 Jan. 22 8834 Jan. 2 8834 8334 8834 1013/2 95% 100 100 Jan. 15 100 Jan. 15 A "anito S W 23 BONDS-STOCK EXCHANGE RECORD FEB., 19191 3 943/ Dec. 18 9434 Jan. 23 9434 Jan. 23 9434 Dec. 18 90 6334 643,4 84,000 67 30 1,000 303-4 37 35 30 283/2 4334 41 47% 11,000 20 1,000 2634 37 26 30 58 60 3834 74% 70 73 653/2 6434 Jan. 29 69 3134 32 4334 4734 3234 Jan. 6 6034 April 17 28 April 1 32 Sept. 6 40 Mar. 27 May 27 41 2534 July 9 il 25 Aug. 14 74 Nov. 2 37 Nov. 2 32 Sept. 6 46 Nov. 14 42 May 29 343,4 Dec. 13 3234 Dec. 12 30 62 75 50 50 Jan. 6, 50 Jan. 6 36 7134 Jan. 181 7134 Jan. 18 60 I Oct. 10, 60 Oct. 14 April 171 53 Nov. 1 Sent. 111 7334 Nay. 30 24 BONDS-STOCK EXCHANGE RECORD BONDS Int. Sales in PerV STOCK EXCHANGE iod. Januar& i . 10 n IN,Io Kan & Tex-(Concluded) MK&T of T 1st gu g 5s_1942 M- S Sher Shrev & So 1st gu g 5s'43 J - D Tex & Okla 1st gu g 5s_ _1043 M- S Missouri Pacific (new co) 1st & refund 5s Ser A_ _1965 F - A 6,000 1st & ref 5s Ser B_ _Jan 1923 F - A 13,000 1st & refund 5s Ser C__1926 F - A 86,000 General 4s 1975 M- S Mo Pac-lst consol g 6s_ _1920 M- N 786,000 27,000 40 -year gold loan 4s_ __ _1945 M- S 3d 7s ext at 4% 1938 M- N Boonv St L & S 1st 5s_ 1951 F - A Cent Br Un Pac 1st g 48_1948 J -D Pac R of M 1st ext g 4s 1938 F - A 5,000 2d extended gold 55....1938 J - J St Louis Iron Mt & South Gen con ry & Id g 5s_ _1931 A 13,000 Gen con stpd gu g 58_1931 A -0 Unif & ref gold _1929 J - J 63,000 Riv & Gulf Div 4s_-- '33 M-N 1stg4s 17,000 VerdigrisVI&W 1st g 59_1926 M- S Mobile & Birm. See South Ry. Mobile & Ohio new g 6s_ 1927 J - D 1,000 1st extension g 6s_ _July 1927 Q General gold 4s 1938 M- S Montgom Div 1st g 5s 1947 F - A St Louis Division 5s_ __ _19274 - D St L & Cairo gu g 4s_ _ _ _1931 J Collat trust 4s. See Southern, Mohawk & Mal. See N C &H Montana Cent. See St PM & MI Morgan's LaScT. See So Pac Co: Morris & Essex. See D L & W1 N 'Mashy Chatt & St L 1st 55 1928A -0 6,000 A 1Jasper Brch 1st gold 63_1923 J - J Nash Flor & Shef. See Lou & N; Nat Rys Mex pr lien 4348_19571 - J Guaranteed general 4s_ _1977A.-0 Nat of Mex pr lien g 4%s_ _19261.1 - .1 1st consol gold 4s 1951A - 0 N H & Derby. See N Y N H &H N J Junc'n RR. See N Y Cent Newp't & Cin B'ge. SeeLou &N New Orleans Term 1st 4s .A953 J - J 3,000 N 0 Tex & Mex 1st SerA 6s1925 J - D 38,000 Non-cum income ser A 531935 A -0 70,000 N Y B & Man Beach. See L Isl N Y Cent RR cony deb 6s_1935 M-N 1,27s,000 Consol Series A 4s 1998 F - A 1,000 Ref & impt 4%s A 2013 A -0 26,000 N Y Central & Hudson River Gold mortgage 334s 1997 J - J 64,000 Registered 1997 J - J Debenture gold 4s 1934 M-N 32,000 Registered 1934 M-N 30-year debenture 4s___1942 J - J N Lake Shore Coll g 3%s_ _1998 F - A Registered 1998 F - A Mich Cent coil g 3s_1998 F - A -Registered 1998 F - A Beech Creek 1st gu 4s__1936 .J - J Registered 1936 J - J 2d guar gold 5s 1936 J - J Registered 1936 J - J BchCr ex 1st gu g334sFeb '51 A -0 Cart & Ad 1st gu g 4s_ _ _1081 J - D! Gouv & 0 1st gu g 5s_ _ _1942 J -DI Moh & Mal 1st gu g 4s_ _1991 M- S! N J June R gu 1st 4s_ _ _1986 F - Al N Y & Harlem g 334s2000 M-N , Registered 2000 M-N N Y& North 1st g 5s_ _ _1928 A -0 NY&Put 1st con gu g 4s_1993 A Pine Creek reg guar 6s_ _1932 J - D It W &0con 1st 5s_July 1922 A -0 Rutland 1st cons g 438_1941 J - J; Og & L Ch 1st gu g 4s_1948 J Rutl-Can 1st gu g 4s__1949 J - J1 St Lawr & Adir 1st g 5s_1996 J - J 2d gold 6s_ _ z ______ 1996 A -0, Utica & Bl Riv gu g 4s_ _1922 J - J Lake Sh & M S g 3s_1997 J -D Registered 1997 J -D Debenture gold 4s_ __1928 M- S Registered 4s 1928 M- S 25-year gold 43 1931 M-N Registered _ 1931 M- N Kal A & G R Ist gu c 5s_1938 J - J Mahon Coal RR 1st 5s_ _1934 J - J Pitts & L E -2d g 5s_Jan1928 A -0 Pitts McK & Y 1st gu 6s 1932 J - J 2d guar 6s 1934J - J Michigan Central 5s.._1931 M- S Registered 1931 Q - M 4s 1940 J - J Jack L & S gold 334s_ _1951 M- S 1st gold 33s 1952 M-N 20-year debenture 4s_1929 A -0 N Y Chic & St L 1st g 43.1937 A -0 Registered 1937 A -0 25 -year debenture 4s_1931 M-N West Shore 1st 4s guar_ _2361 J - J Registered 2361 J - J N Y C Lines equip 5s_ 1919 M- N Equip tr 434s Ser K__1920 J - J NY Connect 1st gu 434s A.1953 F - A N Y & Greenwood L. See Erie N Y & Har. SeeNYC&Hlt N Y Lack k West. See D L & W 10,000 1,000 1,000 Sales in December 1918. PRICES IN JANUARY. 4 r Jan. 2. 1 Jan. 31. 88 89 933ç95 91% Sale 63 Sale 9934 99% 87 92% 95 90 Sale 60% Sale 99% Sale 10,000 96% 98 96% 98 11,000 81% Sale 8034 81 43,000 76% 79% 74% 75 86% 88% 105% 100% 70 80 85 g 84 87 76%i 85 106% 9534 70 80 85 84 87 77 85 4,000 30% 38 30 21 98,000 71% Sale 71% 72 7234 72 61,000 85 Sale 84 85 8034 22,000 2,000 1,000 20,000 80 74 Jan. 30 82 Jan. Jan. 22 78% April 17 8434 Dec. 13 3 1053% Jan. 3 101 92 65 78 Jan. 17 100 Aug. 9 1023,6 June 24 April 11 95 May 16 Aug. 12 71 Nov. 20 Oct. 23 78 Jan. 17 95% Oct. Oct. 23 2 101 Jan. 24 30 Oct. 30 38 Dec. 12 Aug. 26 21 Aug 28 -. 67 Jan. 20 67 Jan. 20 60 9634 Jan. 21 9734 Jan. 14 92 54% Jan. 2 5834 Jan. 20 40 Jan. 2 70 Nov. 12 Jan. 16 9734 Nov. 21 Jan. 11 5734 Nov. 9 977 Jan. 21 99% Jan. 2 9134 Mar. 25 Nov. 12 76 Jan. 3 7634 Jan. 3 69 Aug. 24 10334 Nov. 13 8234 82 Jan. 22 8434 Jan. 30 77 Sept. 27 8794 Nov. 18 71 Jan. 2 723% Jan. 13 69 Sept. 20 76 'Nov. 29 6634 Aug. 22 703 May 16 823% Jan. 23 86 Jan. 11 743% April 12 8934 Nov. 23 79 Nov. 1 79 Nov. 4 1 , Jan. 20 68 Jan. 3 67 Jan. 3 70 Jan. 20 61 Jan. 22 71% Dec. 9 Jan. 3 61 May 25 7334 Nov. 14 Jan. 3 6234 Feb. 25 6934 Nov. 26 863% Dec. 24 863% 1Dec. 24 8734 75% 90% 76% 68% 75 9734 78 103% 98% 72 88 99 73 873% 83 82 85 Jan. 22 953( Sept. 19 9834 Dec.1117 , Jan. 18 89 92 Jan. 23 70 71 Jan. 25 82 8934 Jan. 2 813% Jan. Jan. Jan. 23 73 8834 Jan. 16 90 88% 88 91% 95 91 103 102 05 93 81 Jan. 22 99 67 Jan. 27 67 Jan. 27 6731 Juno 10 83 Nov. 15 6134 Jan. 14 613/s Jan. 14 60 June 4 63 Mar. 15 70 Jan. 15 70 !Jan. 15 74% 70% 10,000 8134 83% 83 83% 82 Jan. 4,000 79% 84% 80 82% 80 Jan. 77 77 66,000 70 71% 71 Sale 71 Jan. 8,000 80 79 80 81% Jan. 9,000 763% 78% 77 75 Jan. 99 99% 19,000 85 Sept. 19 7934 April 22 % 9534 June 25 955 June 25 7234 Jan. 14 773% Dec. 30 75 61% 67 82% 88% 94% 72 75% 73 75% 89% Sale 2 3 9634 Jan. 211 9034 Jan. 2 98 Dec. 2 Jan. 21 8234 Jan. 13 7234 Jan. 23 83 Nov. 13 Jan. 23 77 Jan. 13, 6634 Mar. 27 7834 Dec. 27 1053% Jan. 47,000 6834 72% 6234 69 68 72 65 67 60 7,000 70 66% 81% 1,000 85% 3,000 7,000 Nov. 121 0) 21 99% Sale 1,231,000, 99% Sale 30,000 76% 77% 75 76 82% 84 84 Sale 64,000 92 94 102 105% 102% 95% 94 80% 3,000 Highest. 8734 Jan. 16 79 April 10 893% Nov. 15 93% Jan. 9 8994 Sept. 13 96 Dec. 14 92 Jan. 14 853% Aug. 26 94 Nov. 15 63% Jan. 3 5534 Jan. 14 67 Nov. 8 993% Jan. 23 98 Sept. 11 100 Nov. 19 58 Oct. 16 58 Oct. 16 38 97 7734 102% 4 4,000 985 Lowest. Sale Prices. Sale Prices. 49 Jan. 21 58 Nov. 1 30 30% 69 66% 68 3,000 67 27,000, 96% 97% 96% 97 239,000 54A Sale 55 58 44,000 40,000 22 2 24 23 8 I Sale Prices. I 30 21 743% 61% 70 82% 87% 94% 74 10,000 73 73 75% 91 93,000 89 15,000 66,000 89 Sale 8,000 Highest. 96% Jan. 100 100 100 10034 101% 10034 104% 74% 91 78 68% .75Y1 1,000 8794 Jan. 91% Jan. 8934 Jan. 5934 Jan. 9934 Jan. 82% 84% 63 84% 86 80% 81 86 63 2,000 84 85 87% 1,000 4,000i 11 RANGE FOR YEAR 1918. Lowest. Bid. .3•Ask.IBid. Ask.' Sale Prices. 5034 1 59 51 59 65 65 30% 30% 30% 14,000 29,000 10,000 680,000 12,000 [Vol,. 108. 4 82 92 4 74 April 13 Aug. 12 Oct. 17 April 1 Dec. 24 April 15 94 April 16 76 Dec. I 4 73 May 28 92% Nov. 9 8954 Dec. 24 0234iNov. 9 April 22 9834 Nov. 20 Aug. 2 75 July 27 16 8294 Jan. 25 723% April 2 88 ,,, Nov.120 23 82 Jan. 18 7534 April 12 31 73 Jan. 16 61 Jan. 17 8 81% Jan. 8 7134 Sept. 23 11 75 Jan. 11 70 Oct. 2 843% Jan. 30 85 8734 Nov.1113 7434 Nov.09 8234 Nov. 15 80 Nov. 14 Jan. 29 7734 Sept. 19 90 Nov. 21 FEB., 1919.] Int. PerY STOCK EXCHANGE iod. BONDS N Sales in January 1919. Sales in December 1918. N Y L Erie & West. See Erie N ya, Long Bch. See Cent N J N Y New Haven & Hartford Non-cony debenture 3%s '54 A -0 9,000 Non-cony debenture 4s_1955 J - J 8,000 Non-cony debenture 4s_1956 M-N 1,000 Convertible deben 3%8_1956 J - J 8,000 Convertible deben 6s___1948 J - J _1930 F - A Consol Ry non-cony 4s_ Non-cony deben 4s_ _ _1955 A -0 Harlem R & Pt Ches 1st 48'54 M-N N Y Air Line 1st 4s_1955 F - A 9,000 Cent N E 1st guar 4s___1961 J - J Housaton RR con g 5s__1937 M- N AN Y Proy & gen 4s__1042 55,000 NY W'ches & 1st 4%s 1946 J - J New Eng RR cons 4s___1945 J - J 1,000 Providence Sec deb 48_1957 M- S J Prov & Springf 1st 5s__1922 J Providence Term 1st 40_1956 M- S N Y & Northern. See N Y Cent 17,000 N Y Ont & W 1st g 4s June 1992 M- S Reg $5,000 only__ _June 1992 M- S 1955D -D General 4s N Y & Putnam. SeeNYc& H N Y & Rock Beach. See Iffng Lel N Y Susq & Western. See Erie 19,000 Norf Sou 1st & ref A 5s_....1961 F - A Norfolk & South 1st g 5s_..1941 M-N Norfolk & West gen g 6s__1931 M- N Improvem't & ext g 6s__1934 F - A New River 1st gold 6s_ _ _1932 A -0 72,000 Nor & W Ry 1st con g 4s.1996 A -0 1996 A -0 Registered 1,000 Div 1st & gen g 4s_ __ _1944 J - J 10-25-year cony 4s_ _ _1932 J - D -20-year cony 4s_ _ _1932 M- S 10 • 1938 M- S Convertible 43-s 949,000 10-year convertible 6s..1929 4,000 Poca,C & C joint 4s_ _ _1941 J -D Col Con & T 1st gu g 5s..1922 J - J 5,000 Selo V & N E 1st gu g 4s_1989 M- N Northern Ohio. See L Erie & W North Pacific-Peor 4s_ _ _1997 - J 123,000 1997 Q - J Registered 65,000 General lien gold 3s_Jan 2047 Q - F 1 Registered Jan 2047 Q 8,000i Ref & imp 4%s ser A_2047 J -D Div g 48_ St Paul-Dul 1996 J - D Registered C B & Q coll tr 4s. See Gt Nor 1,0001 St P & No Pac gen g 6s_ _1923 F - A Registered certificates 1923 eg - F 1,000/ St Paul & Duluth 1st 5s_1931 F - A 1968 J -D 1st consol gold 4s Wash Cent Ry 1st g 4s_ _1948 Q - M Nor P Ter Co 1st g 6s__1933 J - J worth Wiscon. See C St PM&O 11 , & L Champ. See Rutland hio Ind & W. See CCC&StL Oregon & Cal. See Sou Pac Co Ore RR & Nay. See Union Pac 29,000 Oregon-Wash 1st & ref 4s_1961 J - J Oswego & Rome. SeeN Y Cent 3,000 Pacific Coast Co 1st g 5s_1946 J -D A acific of Missouri. See Mo Pac Paducah & Ills lst s f 4%s_1955 J - J Penn RR 1st 4s real est g__1923 M-N 1019 M- S Consol gold 58 1943 M- N, Consol gold 4s 14,000 1948 M- N Consol gold 4s 45,000 1960 F - A Consol 4 s 1965 J -D 241,000 General 4 s 1968 J - D 1,449,000 General 58 Alieg Val gen gu g 4s.._ _1942 M- S 4s'36 F - A Del RivRRBdg 1st gu g 1,000 Phila Bait & W 1st g 4s_1943 M- N Sod Bay & So 1st g 5s_ _1924 J - J Sunbury & Lewis 1st g 451936 J - J UNJRR & Can Co gen 4s1944 M- S 60 3,000 74% 69 55% 67 91 80% 54 59,000 52 71 69% 50% 54 54 51 86% Ask. Sale Prices. Sale Prices. 54 55 59 54 87% 5651 Jan. 5951 Jan. 5034 Jan. 88 Jan. 5551 Jan. 58 Jan. 5034 Jan. 8551 Jan. 22 22 14 17 Lowest. Highest. Sale Prices. I Highest. Lowest. Jan. 31. Ask. Bid. 54 593% 54 59 6,000 7,000 50% 54 898 65,000 86 Bos B RANGE FOR YEAR 1918. PRICES IN JANUARY. Jan. 2. Bid. B& • 25 -STOCK EXCHANGE RECORD BONDS Sale Prices. 50 May 52 Feb. 55 Oct. 5151 July 82 July 21 21 14 11 60 69 60 74% 55% 62% 62% Jan. 6 62% Jan. 6 60 90 80 50% 52% 50 Jan. 22 53 Jan. 4' 45 70% 40 Jan. 20 40 Jan. 20, 48 15 27 2 16 30 82 63 61 60 95 Sept. 5 Nov. 18 July 8 Sept. 5 Nov. 23 July 6 60 July 6 Aug. 16 7331 Dec. 13 Sept. 9 69 Oct. 16 Mar. 25 6551 Nov. 12 69% 70% 69 23,000 52% 65 69 70 Jan. 21 70 Jan. 22 6351 Aug. 29 73 60 50% 65 April 13 60 Nov. 13. April 13 1 68 Jan. 20 6951 Jan. 16 60 Mar. 5 6934 Dec. 13 20,000 67 69 Sale 70 8151 May 24 8434 April 16 87% 86% 10534 July 18 109 Dec. 9 2,000 109% 111 109 109% 106 106% "105 Sept. 30 10751 Dec. 18 107 4,000 107 57,000 84 84% 8434 85 8151 Jan. 22 8651 Jan. 6, 79 Sept. 25 8951 Dec. 10 82 Jan. 29 82 Jan. 29 71 July 29 8531 Nov. 30 12,000 84 85% 79% 85 104 10,000 104% 432,000 108 Sale 10734 Sale 96 86 1,000 8451 90 97% 97 81 81 8434 80 157,000 85 Sale 119,000 6031 Sale 61% 37,000 90 753-4 80 70 1,000 102 Sale 101% 98 1,000 76% 6834 85 107 106 84 84 Sale 81% 6051 Sale 62 56 90 Sale 7551 86 81 10351 July 22 10551 Feb. 6 Jan. 24 10851 Jan. 31 10634 Dec. 20 10834 Dec. 6 211 76 Oct. 10 8631 Dec. 1 Jan. 13 86 Jan. Jan. 13 81 8334 Jan. 31 86 Jan. 13 72 Jan. 111 5934 Jan. 30 6151 Jan. 61 90 Jan. 24 90 Jan. 21 Oct. 8 80 796 Sept. 26 7851 June 24 5651 April 23 58 Oct. 23, 8251 Oct. 25; 74 Aug. 2 Nov. 22 90 Nov. 27 80 May 16 6431 Nov. 12 58 Oct. 23 91 Dec. 31 75 June 20 103 107 102 Jan. 2 102 Jan. 2 10'051 July 5 10351 Dec. 13 101% 97 9851 Jan. 17 9851 Jan. 17 . . 763-4 Dec 16 78 Dec. 30 7634 6851 85 10634 July 17 1083-4 June -g 4 . 10734 1073 O Pennsylvania Co-gu 4%s..1021 J - J 1921 J - J Registered Gu 3 s colt tr reg ctfs_ _1937 M- S 1941 F - A Gu 31 2s coil tr ctfs B Gu g 3%s tr ctfs Ser C_ _1942 5- D Gu g 3%s tr ctfs Ser D 1944 J -D Guar gold 15-25-year 43_1931 A 40-yr gu tr ctfs 4s Ser EA952 M-N Cin lAcN 1st con gu g 4s_1942 M- N Clev & Mar 1st gu 4%8_1935 M-N Clev & Pitts gu g 43s A_ 1942 J - J 1942 A Series B 43s Int reduced to 3%%A942 A 1948 M- N Series C 3%s 1950 F - A -is Series D 33 Erie & P gen gu g 3%s B 1940 - J 1940 J -J Series 0 Gr R&I ex let gu g 4%s..1941 J - J Ohio Connect 1st gu 4s_ _1943 M- S Pitts Y & Ash let con 58_1927 M- N To1WV&O 1st gu 43-s A 1931 J -J 1933 J -J Series B 4%s 1942 M- S Series C 4$ 4AsSerA 1940 A PCC&StL gu g 1942 A Series B guar 1042 M- N Series C guar 1945 M- N Series p 4s guar E 3%s guar g 1949 F - A Series Series F cons 4s gu g.._1953 J -D Series G cons 48 guar _1957 M- N Series II cons 4s gu_ _ _1960 F - A Series I cons 4%s go.._1963 F - A 1932 A Ch St L & P cons g 5s Pensacola & At. See Lou&Nash Peor & East. See C CC & St L Peor & Pek Union 1st gs_1921 Q- F Second gold 4%s_ Feb 1921 M-N Pere Marq-lst ser A 5s 1956 1956 1st ser B 48 Philippine Ry let 30-yr s f 4s'37 J - J Pine Creek. See N Y Central Pitts C C& St L. See Penn Co Pittsb Clay & Tol. See Bait & 0 Pitts Junction. See Bait & 0 22,000 5,000 2,000 2,000 1,000 1,000 1,000 71,000 25,000 3,000 42,000 79% Sale 2,000 88 Sale 05 . 05% 98% 100 89 12,000 86% 9,000 95 96% 700,000 89 Sale 89 88 82% 2,000 87% 80 85 77% 78 84 05 95% 09% 100 89 87% Sale 95% 95 88% Sale 96% Sale 84% 88 80% • 87% 773.4 Jan. 22 7951 Jan. 11 6534 Oct. 10 803-4 Nov. 8 88 Jan. 2 88 Jan. 2 82 May 1 90 Jan. 16 8651 Jan. 95 Jan. 875-4 Jan. 9534 Jan. 23 17 23 24 88 Jan. 31 9651 Jan. 4 8951 Jan. 11 9734 Jan. 15 19334 June 19 953.4 Nov. 28 April 30 100 April 30 100 88 Jan. 2 9051 Nov. 29 Sept. 19 9251 Nov. 13 83 925-4 Sept. 17 10051 Dec. 3 8551 Sept. 25 9651 Nov. 12 85 Nov. 1 8751 Nov. 13 8751 Jan. 28 8751 Jan. 28 873-4 Dec. 27 -8751Dec. 27 80 85% 32,000 90% 95y 76 1,000: 76 75 76% 2,000 83 8651 80% 87% 95% 90% 86% 83 83 75% 75% 3 97% 97,4 Sale 9534 765 80 76 80 753; 88 75 91 843-4 9151 867 86 % 87% 8054 87% 878 053-4 91 80% 83 83 76 76 June 5 973-4 Jan. 21 973-4 Jan. 24 9651 April 24 9834 July 1 9531 April 18 9734 78 Jan. 15 78 Jan. 15 70 Jan. 17 78 July 29 1 Dec. 12 3 8334 Jan. 20 8331 Jan. 20 8251 July 11 8751 June 11 84 87 Jan. 17 87 Jan. 17 84 June 9634 may 9 965-4 81 Aug. 21 8451 Dec. 30 89 78 Oct. 2 78 Oct. 2 835-4 967 8851 95 95 88 783-4 94 94% 92 943-4 Jan. 27 9451 Jan. 27 9151 June 21 95 Oct. 29 9234 Jan. 25 9234 Jan. 25 9134 June 21 93 95% 92 • 96 9051 99 99 Feb. 21 91 Sept. .83 8851 93 93 87 Mar. 15 9051 Sept. 11 8751 91 Sept. 14 91 Sept. 14 93 88 8734 93 883-4 July 23 92 Nov. 1 8851 90 8751 90 8751 Mar. 6 90 Aug. 14 90 88 8734 93 I 93 Sept. 25 95 Nov. 20 9068 90 102 104% 102 Jan. 30 102 Jan. 30 9651 Oct. 18 10051 May 6 101 84 83 9668 88% 88 78% 5,000 93% 92% 90% 87% 106,000 88 17,000 71 4,000 44 2 2a Sale 72 49 85 86% Sale 69% 70 49 45 42 Jan. 22 8851 Jan. 3 79 Mar. 27 90 Nov. 8 Jan. 27 7234 Jan. 15 6251 Feb. 5 7334 Nov. 15 Jan. 18 45 Jan. 18 40 Dec. 20 50 April 5 26 BONDS -STOCK EXCHANGE RECORD Int. Sales in BONDS Per- January N 'V STOCK EXCHANGE iod. 1919. Pitts & Lake E. See N Y Cent Pitts McK & Y. See N Y Cent Pittsb Shen & L E 1st g 55_1940 A -0 Fist consol gold 5s 1943 J -J Pitts Y & Ashtab. See Penn Co Reading Co gen gold 4s_ _1997 J - J Registered 1097 J - J Jersey Central coil g 4s_ _1951 A At! City 1st con gu g 4s_1951 J -J 153,000 & See Marq Sag TuscGr H. 1st gPere__1947 J -J t Jos & Is! 4s_ St Law & Adir. See N Y Cent St L & Cairo. See Mobile & Ohio St L Iron Mt & So. See Mo Pac StLMBr. SeeTer RRAssnofStL St Louis & San Fran (Reorg Co) Prior lien 4s ser A 1950•- j 492,000 Prior lien 5s ser B 1950 - j 125,000 Cum adj ser A 6s 1955 A -0 206,000 Income ser A Os 1960 Oct 159,000 St L & San Fr -Gen g 6s_ _1931 J -J General gold 5s 1931 - J St L& SF RR cons g 4s_1996 J - J South West Div g 5s 1947 A -0 KC Ft S& M con g 6s_ _1928 M-N 18,000 K C Ft S & M Ry ref g 4s1936 A -0 55,000 KC&M R&B 1st gu g 58_1929 A -0 St Louis South. See Ill Central St Louis Southw-lst g 48_1989 M- N 25,000 2d g 4s inc bd ctfs_ _Nov 1889 J 1,000 Consol gold 4s 1932 J - D 13,000 1st terml & unit 5s 1952 _ j 19,000 Grays Pt Ter 1st gu g 5s_ 1947 J -D St Paul & Duluth. See No Rae St P Min & Man. See Gt North St Paul & Nor Pac. See No Pac St P & Sioux C. See CStPM&O SA&AP 1st guar g 4s_ _ _1943 - j 29,000 SF&NP lstsfg 5s 1919 J - J Scioto Val & N E. See Nor & W Seaboard Air Line g 4s 1,000 1950 A -0 Stamped 3,000 1950 A -0 Adjustment 5s Oct 1949 F - A 217,000 Refunding 4s 48,000 1059 A -0 Atl-Bir 30-yr 1st g 4s_May'33 M- S Caro Cent 1st cons g 4s_1949 J - J Fla Cent & Pen 1st ext 6s_'23 J - J 1st land grant ext g 5s_ 1930 J - J Consol gold 5s 1,000 1943 j _ j Ga & Ala 1st cons 5s_Oct 1945 J - J Ga Car & Nor 1st gu g 5s 1929 J -J Seab & Roanoke 1st 5s_ _1926 J - j 5,000 Sher Shr & So. See Mo K & T Si! Sp 0 & G. 'See Atl Coast L Sou Caro & Ga. See Southern Southern Pacific Co 4s g Cent Pac coil_ _Aug 1949 J -D 9,000 Convertible 4s_ _ June 1929 M- S 902,000 Convertible 5s 1934 J -D 2,074,000 Cent Pac 1st ref gu g 4s_1949 F - A 41,000 Registered 1949 F - A Mtg gu g 3Ms__ _Aug 1929 J -D 3,000 Through St L 1st gug 4s_ '54 A -0 Gal H & San Ant 1st 5s_1931 M-N 2d guar exten 5s 1931 J - J Gila V 0& N 1st gu g 5s 1921 M- N HE&WT 1st g 5s_ __ _1933 M-N 1st gu g 55 _1933 M-N H & Tex C 1st redeem_g 5s int gu1937 J 5,000 J Gen gold 4s, int guar 1921 A Waco & NW 1st g 6s_1930 M-N A & N W let gu g 5s_ ....1941 J -J Louisiana West 1st 6s_ _1921 J -J Morgan's La & T 1st 6s_1920 J - J Nor of Cal gu gold 5s__ _1938 A -0 Ore & Cal 1st gu g 5s__ _1927 J - J 7,000 So Pac of Cal 1st cons 5s 1937M- N S P Coast 1st gu g 4s__ _1937 J - J 12,000 San Fran Term 1st 4s_ _ A950 A -0 30,000 Tex & N 0 cons g 5s____1943 J - J So Pac RR 1st ref gu 48_1955 J - J 193,000 Southern-lst cons g 5s_ __1994 J - J 218,000 Devel & gen 4s, Ser A__1956 A -0 544,000 Mob & 0 coll tr g 4s_ __ _1938 M- S Mem Div 1st g 5s 1996 J - J St L Div 1st g 4s 22,000 1951 J - J Ala Gt Sou 1st cons A 5s 1943 J - D 1,000 At!(.1,c Char A L 1st A 4%s'44 J - J 1st 30-yr 5s Ser B_ __ _1944 J - J 21,000 Atl & Dairy 1st g 4s_ __ _1948.1- J Second 4s 1948 J - J Atlan & Yad 1st gu g 4s_1949 A -0 E T Va & Ga div g 5s_ _1930 J - J Cons 1st gold Os 1,000 1956 M- N Sales'in December 1918. PRICES IN JANUARY. Jan. 2. Jan. 31. Bid. .,:Ask. Bid. Lowest. Highest. Sale Prices. Ask. Highest. Sale Prices. Sale Prices. Sale Prices. 09 Jan. 24 99 Jan. 24 132,000 85% 87% 85% Sale 85% Jan. 16 86% Jan. 6 803 Sept. 20 91% Nov. 14 85 89% 81 June 17 81% June 17 7,000 88 88 81% April 3 88 Nov. 14 1,000 65 554,000 133,000 119,000 235,000 71 63% Sale 78% Sale 67% 69 44% Sale 103 95% 96% 70 63 60% Jan. 76% Jan. 64 Jan. 40% Jan. 61 Sale 7634 Sale 64 Sale 41% Sale 102 103 96% 99 21 24 24 24 Aug. 28 71% Dec. 4 64 Jan. 3 55% Jan. 17 67% Nov. 8 79% Jan. 4 66 Jan. 16 82% Nov. 12 69 Jan. 6 60 Jan. 18 76 Nov. 8 45% Jan. 8 43 Dec. 26 55 Nov. 12 100% July 8 101% Mar. 14 91 April 9 97% June 18 35,000 102% 103% 102% 103% 102% Jan. 14 103% Jan. 18 99% Sept. 10 103% 206,000 75 76% 73% 74% 74% Jan. 30 75K Jan. 14 62 Mar. 18 77 Dec. 31 Nov. 15 87% 85% July 24 85% July 24 15,000 72% Sale 72 Jan. 21 74 Jan. 21 63% July 24 77 Nov. 15 74 73 58 65% 57% 57% Jan. 6 57% Jan. 6 50% Jan. 24 57 Nov. 15 38,000 63% 59% Sale 57 Jan. 22 59% Jan. 30 57 April 26 68% Nov. 13 10,000 58 61 59 60 581i Jan. 17 62 Jan. 4 52 Mar. 27 65 Nov. 8 29,000 68 2,000 37,000 75,000 119,000 54,000 831,000 1,238,000 113,000 68% 65% 68% 65 7 74% 75% 71% 75% 5 73% 74% 70% 73% 53% Sale 52 Sale 59% Sale 56% 58% 74 79 74 76 72% 95% 100 93 93 90 95 01 91% 93 93% 95% 941 97 Jan. 29 68 72 Jan. 74 Jan. 49% Jan. 58 Jan. 14 14 22 29 Jan. 3 54% Sept. 17 68% Dec.'21 100 June 22 100 June 22 72 Jan. 14 67 July 26 75% Dec." 9 74 Jan. 14 68% July 24 75% Nov. 22 53% Jan. 2 49 Mar. 26 61 Nov. 12 60 Jan. 3 51% April 24 66 Nov.,12 73 Mar. 2 74 Jan. 16 75 June 24 77 Jan. 10 90 Jan. 27 90 96 Jan. 28 96 78 78% 76 77% 75 Jan. N85% Sale 83% Sale 83% Jan. 103% Sale 101% Sale 100 Jan. 82% 83% 70% 81 80 Jan. Jan. 27 92 00 94 Jan. 30 91% Sept. 27 June 28 June 19 May 31 93% 2,000 97 98 06 90% 93 2,000 80 81% 80 85 395,000 83 Sale 335,000 96 Sale 339,000 68% Sale 2,000 70% 73 93 73% 75% 93 86 8,000 92% 97% 80 94% 2,000 95 8+M 100% 93% 96% 98% 98 92% 78 78% 80 89% 82 Sale 95 Sale 68 Sale 66 74% 92 72 74% 85 82 9634 07 74 77 96 93 92 1,000 52 3,000 101 101% 88 65 92% 3,000 7,000 98% 99% 99 97 93% 993 91% 91% • 2,000 96% 98 96 87 87% 71% 80 70 92 85 88 82 75 rrer Assn of St L 1st g 4%s 1939 A -0 A First cons g 5s ..1894-1944 F - A Gen ref s f gold 4s 1953 J - J St L M Br Ter gu g 5s_ _1930 A -0 1,000 94% 02 52% 100 10038 95 86% 72% 65 102 92% 100 96 Jan. 17 97 96% Jan. 18 95 Nov. 14 85% July 2 Dec. 21 Nov. 12 93 Nov. 9 April 27 100 April 27 7 82 Jan. 24 83% Jan. 14 75% Sept. 26 86%, Nov. 12 94% Jan. 23 96% Jan. 6 86% Sept. 16 100 Nov. 9 66% Jan. 24 68% Jan. 3 59 Jan. 7 73 Nov. 8 65 May 17 80 Oct. 30 87 Jan. 18 92 July 18 73% Jan. 3 74% Jan. 13 64% Mar. 23 74 Nov. 19 93 Jan. 9 93 Jan. 9 87% Mar. 8 93 Oct. 31 82% Sept. 26 84% Oct. 22 96% Jan. 11 97% Jan. 10 01 Jan. 8 97 Dec. 21 70 Oct. 3 70% Mar. 11 96 Mar. 19 96 A Mar. 19 91% July 10 97% Mar. 5 Aug. 1 92% Nov. 9 Mar. 11 63 San. 4 Dec. 11 Sept.11 101 98% Sept. 25 101% July 10 91% Oct. 10 91% Oct. 16 63 Jan. 26 68 ,Jan. 26 95 Jan. 19 95 Jan. 19 86 51 100 Jan. 18 99* Jan. 18 96% April 25 98% Dec. 2 93 9,000 87% 99% 01 95 2,000 95 98 78% 81% 75 77 90% 92% 90% 94 Feb. 25 Nov.,14 93 Jan. 22 93 Jan. 24 78% Jan. 18 78% Jan. 22 71% Sept. 23 81%,Jan. 4 09 80 92 82 88 78 96 03 Jan. 9 03% Jan. 99% 95% 95% Jan. 6 95% Jan. 6 99 95% Jan. 30 95% Jan. 30 52 Jan. 20 52 Jan. 20 101 Jan. 9 101 Jan. 9 95 72% 102 98 95 Nov. 13 00% June 28 94 June 19 91% May 31 25 77 Jan. 29 70 July 17 82 Nov. 14 . 21 85% Jan. 3 75% Jan. 10 88 1 Nov. 12 21 105 Jan. 3 86% Jan. 17 1093CNov. 7 25 83 Jan. 7 75 Oct. 1 86 Nov. 13 13,000 85% 86% 85% 86% 85% Jan. 28 85% Jan. 28 85 Sept. 24 80% 75 70 77% 71 Jan. 29 91% 101 91% 101 97 97 96% Jan. 18 102 102 95 Nov. 14 91% 99% 91% 99% 85% July 2 91 98 88 3,000 93% 98 98% 104 07 Jan. , 6 08 Jan. 28 96 Dec. 21 94% 93 97 87 Jan. 24 100% 94 100% 98 95 03 Nov. 9 98% 98% 5,000 2,000 1,000 RANGE FOR YEAR 1918. Lowest. 95% 93% E Ten reorg lien g 5s__ _1938 M- S Georgia Midland 1st 38_1946 A -0 Ga Pac Ry 1st g 68 1922J - J Knox & Ohio 1st g Os_ _ _1925 J - J Mob & Birm pr lien g 5s_1945 J - J Mortgage gold 45.. _ _ _1945 J - J R & Danv Deb 5s stpd_1927 A -0 Rich & Meek 1st g 4s_ 1948 M- N So Car & Ga 1st g 5s 1919 M-N Va Mid-Series D,4-58_1921 M- S Series E 5s 1926 M- S Series F 5s 1931 M- S General 55 1936 M-N Va & S W 1st gu 55 2003 J - J First cons 50-year 55_1958 A -0 W 0 & W 1st cy gu 4s_ _1924 F - A Spokane Internat 1st g 5s_1955 J - J 1,000 [VoL. 108. April 17 93 April 17 93 April 10 98 Dec. 4 81% Sept. 17 81% Sept. 17 67% Sept. 4 72% Jan. 4 91% Jan. 17 01% Jan. 17 85% May 4 87% Dec. 24 90 Oct. 30 05 4 Feb. 8 7 Jan. 20 77 Jan. 20 61 Sept. 24 82% Jan. 20 • BONDS-STOCK EXCHANGE RECORD FEB., 1919.] BONDS N V STOCK EXCHANGE Int. Period. Sales in January 1019. Texas & Pacific 1st g 5s...2000 J -D Second gold income 5s__2000 Mch La Div 131 L 1st g 5s____1931 J WMW&NWlstgu5s 1930 F -A Tol & Ohio Cent-lst g 5s_1935 J - J Western Div 1st g 5s___1935 A -0 General gold 55 1935 J -D Kan & M 1st gu g 4s1990 A Second 20-year 5s____1927 j - J Tol Peor & W 1st gold 4s__1917 J - J Tol St L & W-Pr 1 g 3%3_1925 J - J Fifty-year gold 4s 1950 A -0 Coll trust 4s g Ser A 1917 F - A Certificates of deposit Tor H & B 1st g 4s__July 1946 J -D $ 44,000' 1,000 3,000 21,0001 con 5s_1928 Ulster & Del 1st goldg4s_ _1952 J -D First refund A- 0 Union Pac RR & Id gr g 4s_1947 J - J Registered 1947 J - J 20 1927 J - J -year cony 4s First & refund 4s Juno 2008 M- S 10-year secured 6s 1928.T - J Ore RR & Nay con g 48_1946 J -D Ore Short Line 1st g 6s 1922 F - A First consol gold 55_1946 T - J Guar refund gold 4s 1929 J - D Utah & Nor gold 5s____1926 J - J 1933 J J 1st extended 48 andalia consol g 4s____1955 F - A V Consol 48, Series B__1957 M- N Vera Cruz & P 1st gu g 4%81934 J - J Virginian 1st 5s Series A_ _ _ 1962 M-N 169,000 48,000 77,000 380,000 8,000 7,000 6,000 20,000 Sales in December 1918. Wabash 1st gold 5s 1939 M-N 1939 F - A Second gold 5s Debenture Series B 6s 1939 S - J 1st lien equip s f g 5s___1921 M- S 1st lien 50-yr g term 48_1954 J - J Dot&ChLx 1st g 5s_ __1941 - J Des Moines Div 1st g 4s_193 J - .T Omaha Div 1st g 3%s_ _1941 A -0 Tol & Chic Div 1st g 4s_1941 M- S Wash Term 1st gu 3%s___1945 F - A 1945 F - A 1st guar 40-year 48 West Maryland 1st g 4s___1952 A -0 1 1 1st g 5s___1937 J - . West N Y & Pa 1943 A -0 General gold 4s 1943 Nov Income 5s Western Pacific 1st 59 A_ A946 Wheel & L Erie-lst g 5s .1926 A -0 Wheeling Div 1st g 5s__1928 S - J Exten & impt gold 5s__ A930 F - A Refunding 4%s Ser A_ __1966 M- S Wh & LE RR 1st con g 4s_1949 M- S Winston-Salem S B 1st 48_1960 J - J Wiscon Cent 1st gen g 4s_ _1949 J - J Sup&DulDiv&Ter 1st 4s 1936 M-N Street Railwdy Bonds Brooklyn Rap Trans g 5s__1945 A -0 1st refund cony g 4s_ __ _2002.T - J 6 -year secured notes 5s__1918 J - J 3-yr secured notes 7s_1921 J - J Bklyn City 1st con 5s '16-'41 J - J Bklyn Q Co & S gu g 58'16-'41 M-N Bklyn Q Co & S 1st 58__1941 - J Bklyn Un El 1st g 4-5s__1950 F - A Stamped guaranteed_1950 F - A Kings Co El 1st g 4s___ _1949 F - A Stamped guaranteed_1949 F - A Nassau Elec guar gold 4s 1951 J - J Chicago Rys--.1st 5s 1927 F - A Conn Ry & Lt-lst g 4%9_1951 J - J Stamped guar 4%8 1951 J - J Det United 1st cons g 4%8_1932 J - 5 Ft Smith Lt & Tr 1st g 53_1936 M- S Hudson & Manhat ser A 5s 1957 F - A Adjust income 58 1957 N Y & Jersey 1st 5s____1932 F - A 92 18,000 87 80 78 8,000 90% 36 92% 87 74 68% 90% 36 83% 75 7,000 51% 52% 48 32 18% 70% 70% 87 Lowest. 79% 30,000 96% 99 5,000 88% 92 83% 49% 48 32 30 87 77 Jan. 11 45 46,000 54,0001 49,000, 1 535,000 16,000; 6,000' 1,000 1,000 22,000 41,000 338,000 346,000 8,000 76 Sale 18,000 50 55% 2,000 650,000 79% Sale 1,000 94 70 99% 13,000, 80 4,000, 1,000, 68 77 5,000 56% 0,000 58% 31,000 81% 87 88% 88% 9,000. 73 74% 70 301,000, 58 Salo 396,000 17 Sale 90 100 1,091,000 39% Sale 2,436,000 70% Sale 25,000 75 80 75 6,000 80 75 7,000 77 84% 70 74 Sale Oct. 14 84 Nov. 9 April 15 56% Nov. 14 Aug. 13 Aug. 13 18 85 Oct. 21 8931 Dec. 13 Nov. 12 29 89% Jan. 9 84 June 13 91 (83 Aug. 10 86 Jan. 17 Dec. 16 21 89% Jan. 10 82% Mar. 30 91 30 83% Jan. 2 75% Jan. 23 87% Nov. 9 22 106 Jan. 20 101% Sept. 14 105% Dee. 3 22 86 Jan. 3 78% July 3 86 Dec. 11 30 101 Jan. 23 09% Oct. 23 104 Jan. 2 23 98% Jan. 21 94% Mar. 6 9934 Dec. 19 6 88 Jan. 9 80% Oct. 3 90% Nov. 12 89 Feb. 21 89 Feb. 21 3 8431 Sept. 19 96% Nov. 15 Sept. 11 975% Sept. 23 89% Aug. 15 90 July 13 1003-1 Sept. 17 65 Nov. 12 Nov. 12 Aug. lb Mar. 2 Sept. 17 84% Sale 96 90 96 98% 65 59 65 69 78 82 77% 80% 72% 75% Jan. Aug. 26 Dec. 30 Jan. 29 Aug. 23 82 72 99 70 Aug. 26 Nov. 12 Jan. 29 April 2 7 79% Feb. 6 90 90 Oct. 9 93 Nov. 13 Oct. 11 Jan. 16 82 3 58% Jan. 17 56% 99 60 84% Jan. 31 86% Jan. 6 60 554 67% 78 Jan. 28 80 Jan. 2 6931 723-I Jan. 17 74% Jan. 28 72 64 71 Salo 65 49% 52% 45 78% 79% 92 80 70 99% 72% Sale 7131 Sale 60 65 56% 72% 58% 79% Sale 89 89 74% 75 Jan. 16 74 75 Jan. 6 64 Jan. 72 Jan. 7131 Jan. 57 Jan. 62 Jan. 29 31 15 18 78 72 57 62 79 Jan. 27 81 73 Jan. 13 Jan. Jan. Jan. Jan. - 56% Jan. 23 60% Jan. 16 Jan. 22 18 • Jan. 39% Sale 70 Sale 72 73 72 74%, 75 80 I 77%1 68 70 I 74 38% Jan. 683 Jan. % 72 Jan. 74 Jan. 28 21 25 22 20 30 15 18 Jais.- 13 58 Sale 16% Sale 90 100 68 74 Mar. 20 April 24 Aug. 9 Aug. 22 Jan. 25 Jan. 24 76 Jan. 2 79% Jan. 25 Jan. 3 52% Jan. 16 50 Dec. 30 9231 Mar. 27 Jan. 23 -85% Jan. 10 83% Dec. 30 89 Oct. 19 43% Jan. 72% Jan. 72 Jan. 74% Jan. Jan. 10 68 Jan. 2 74 78 July 8 7834 July 12 66 May 28 68% Dec. 23 May 9 55 8034 Sept. 30 Sept. 19, 8534 85 April 181 68 Feb. 27 63 69 72 83 78% Nov. 25 Nov. 29 Nov. 6 Nov. 12 Nov. 27 88 Nov. 26 69 Feb. 26 9834 June 14 96% Oct. 1.11 92 Dec. 5 87% Jan. 3 , 8631 Nov. 14 72 Nov. 25 68% Dec. 23 65% Sept. 19 88 Nov. 19 8734 Nov. 13 8631 Oct. 13 80 Nov. 13 9 48% Jan. 2 6931 Nov. 12 7 14% Jan. 11 25 May 20 87 Oct. 21 90 July 24 8 8 25 27 Jan 10: Jan. 2' 38 Dec. 69 Dec. 73% July 5 74% June 80 Ju y 76% Jan. 54 97 Jan. 9 Dec. 18 Oct. 19 Aug. 9 Nov.22 72 74 Sale 90 96 98% 10,000 56% 70 70% 73% 82 19,000 80 Sale 78% 84 93 92 93 69 90 18 92% Jan. 23 94% Jan. 77% 75% 80 84% 84 597% 58 Sale 54,0001 56 58 97% 99% 99% 100 5,000 85% 85% 75,0001 86 90 Highest. 80 Jan. 22 80 Jan. 22 80% June 8 80% June 1,000 29,000 2,000 Jan. 22 51 96% 98 96% Jan. 3 98% Jan. 30 90 85% 87% 88 Jan. 10 89 Jan. 7 80 90 96% 96 65 65 87% 67 I 90 Jan. 5 Jan. 17 89 Dec. 17 93 Oct. 19 6734 Sept. 21 Jan. 9 89 Dec. 13 94% 92% Sale 97% 96 87% 102 77 72 69 1,000 Lowest. Sale Prices. Sale Prices. Sale Prices. 3 92 Jan. 27 79% Sept. 25 92% Nov. 12 41 Sept. 20 46% Feb. 18 86 May 28 86 May 28 79% 55,000 4,000 69,000 RANGE FOR YEAR 1918. Highest. 99 92% 87 Jan. 17 87 84 79 91% 90% Jan. 22 91 1,000 89% 98 95 91 70 70 145,000 88 Sale 87 Sale 86% Jan. 86% 84% 86% 90,000' 89 Sale 87% Sale 873 Jan. 33,000; 83% Sale 80 Jan. 80% Sale 246,000, 104% Sale 104% Sale 103% Jan. 2,0001 85 87% 8431 86 85 Jan. 8,0001 101 103 100% 101% 100% Jan. 1,000 97 9/1 98% 98 Jan. 91,000 86% 88% 86 87 863( Jan. 91% 91% 82% 89 8231 89 52,000 93 Portland Ry 1st & ref 5s__1930 M-N Port Ry L & P cony 55_ __1942 F - A St Jos Ry L II & P 1st g 58_1937 M- N St Paul C Cable cons g 5s.._1937 J 1960 J - .T 158,000 Third Ave 1st ref 4s Adjustment income 5s__1960 A -0 534,000 Third Ave RR 1st gold 58_1937 J - J 14,000 Tr -City Ry & Lt 1st s f 5s_1923 A -0 Undergr'd of London 4%8_1938 J - J 1948 J - J Income 6s Un Rys Inv-5s Pitts iss 1926 M-N 17,000 United Rys St L 1st g 4s_ _19:34 J - J St Louis Tran gu imp 53_1924 A -0 1,000 United RRs San Fr s f 4s_ _1927 A -0 24,000 Union Trust (N Y) ctf dep 55,000 Equitable Tr(N Y)inter ctf_ 3,000 Virginia Ry & Pow 1st 5s_1934 J - J M-N A -0 A -0 J-J J -J Jan. 31. 98% 92% 84 80 95 40,000 Inter-Metrop coil 4 2s_ ___1956 A -0 2,397,000 Interboro R T 1st & ref 5s_1966 J - .T 2,328,000 Manhat Ry(NY)con g 48_1990 A -0 2,000' Stamped tax exempt 11,000 A -0 Manila RIce 1st & coil 5s_ _1953 M- S Met St-B'y & 7th Ay 58__1943 J - D Col & 9th Ay 1st gu g 58_1993 M- S 5,000 Lox Av & P F 1st gu g 5s 1993 M- S 1,000 Met W S Elev Chic 1st 48_1938 F - A Milw El Ry & Lt cons 58_ _1926 F - A Refunding & ext 4%8___1931 J General & refund 5s_ ___1951 J - D Minn St Ry 1st con g 5s_ __1919 J - .11 Mont Tram 1st & ref A 55_1941 J - J N Orl Ry & Lt gen 4%s_ __1935 .T - J 20,000 N Y Munic Ry 1st A 55_ __1966 J - .T New York Rys 1st & ref 48_1942 J - 5 167,000 Adjustment income 5s__1942 A -0 421,000 3,000 N Y State Rys 1st cons 4%s'62 M- N Gas & Electric Light Cos Bklyn Un Gas Co 1st c g 55 1945 Buffalo City Gas 1st 5s_ __1947 Clnc Gas & El 1st & ref 5s_1956 Columbis Gas & El 1st 58_1927 Stamped PRICES IN JANUARY. Jan. 2. Ask. Sale Prices. Ask. Bid. Bid. 9,000 90% 90% 90% Sale 90 Jan. 22 45 65 45 93 93 V 27 97 26 30 5 26 2 5 58% Nov. 12 85 Feb. 8 8134 Nov. 12 84% Nov. 9 80 July 2 85 Feb. 7 Dec. 30 54 Dec. 30 81% June 26 8134 June 26 5,000 99% 99% 82 96 83 72% 72%' 216,000 42 Sale 1,076,000 11% Sale 62 72 99 1 55 Jan. 21 57 Jan. 6 May 24 43%' 40% Jan. 6 43% Jan. 17 3831 Dec. 24 54 41 Dec. 27 2431 May 22 11% Jan. 2 14% Jan. 8 11 12% 14 61% Jan. 16 62 Jan. 6 63 Sept. 9 70 June 19 62 72 99 6234 Mar. 12 68 81 103,000 252,000 1,000 10,000 9,000 3,000' 3,000 45,000 53 Sale 28 Sale 96 100 94% 95% 76% 62% 69 49% 50 57 35 25% 15 25 15 80% 99% 50 Jan. 30 506 52 27% Jan. 29 2838 Sale 87% 100 94% Jan. 14 97 77 65 69 55 50% Jan. 13 60 22 Jan. 28 37 21% 25% 22 Jan. 18 22 Jan. 7 21% 25 79 Jan. 18 79 Sale June 21 81 12,000 6,000 95 1 4,000 5,000 1,000 90 9,000) 82 3,000 82 Sale 9434 94% 94 90 82 82% 80 88 81% 82% 82 53 Jan. 2 5134 31% Jan. 8 27% 90 05% Jan. 30: 91 76 56 58 52% Jan. 15 49 22 22 23 79 Jan. Jan. Jan. Jan. Jan. 20 95 Jan. 28 23 9 18 825 22 22 77 2 85 Dec. 30 Mar. 2 Aug. 30 April 25 Mar. 15 Mar. 12 Feb. 19 Dec. 21 59 Aug. 21 38% Nov. 12 97 Dec. 13 96 Feo. 8 80 Feb. 8 60 Jan. 2 66 Oct. 24 5531 April 12 Feb. Feb. 21 825 April 24 26% May Sept. 21 27 May May 31 80% Jan. Sept. 9 95 21 22 18 11 Jan. 20 8934 April 4 91 Jan. 29 82% Jan. 6 70 Aug. 16, 82% Dec. 19 Jan. 22' 82 Nov. 21 Jan. 24 82 Jan. 24 76 28 N BONDS -STOCK EXCHANGE RECORD Int. BONDS PerY STOCK EXCHANGE iod. Consolidated Gas cony 65_1920 Q - F Cons Gas E L & P of Bait 5 -year cony 5s 1921 M- N Detroit City Gas Co g 5s_ _1923 J - J Detroit Edison Co 1st 5s_ _1933 J - J , 1st & ref 5s Series A 1940 M- S Eq Gas L Co N Y con g 5s_1932 M- S Gas & El Co of Bergen Co 58'49 J -D Havana Elec Ry cons g 5s..1952 F - A Hudson Co Gas 1st g 55 1949 M-N Kansas City(Mo)Gas 5s.._1922 A -0 Kings Co EL &Pg 5s_1937 A Purchase money Os 1997 A -0 Convertible deb as 1925 M- S Ed El Ill Bkn 1st con g 481939 J - J Lac Gas L 1st g 5s___May 1919 Q - F Refund & ext 1st g 5s 1934 A Milwaukee Gas Lt 1st 4s....1927 M-N Newark Cons Gas cons 55 g1948 J - D N Y Gas El Lt H & P 5s 1948 J -D Purch money coil tr g 4s_1949 F - A Ed El III 1st cons g 5s_ 1995 J - J NY&QE1L&P 1st cg 581930 F-A Pacific Gas & Elec-Cal G & E Corp unifying & ref 5s_ _1937 M- N Pacific G & E gen & ref 5s.1942 J - J Pacific Pow & Lt 1st & ref 5s'30 F - A Paterson & Passaic G&E5s.1949 M- S People's Gas & C-lst 6s....1943 A -0 Refunding fold 5s 1947 M- S Ch Gas L & C 1st gu g 5s 1937.7 - J Consum Gas Ch 1st gu g 53'36 J - D Ind Nat Gas & Oil ref 5s_1936 M-N Mut Fuel Gas 1st gu g 5s 1947 M- N Phila Co cony deb 5s 1919 F - A Cony deben 5s gold_ _ _ _1922 M-N Stand Gas & El cony s f 6s_1926 J - D Syracuse Ltg Co 1st g 5s 1951 J -D Syracuse Lt & Pow s f J-J Trenton Gas & Elec 1st 5s..1949 M- S Union El L & P 1st g 5s_ 1932 M- S Refunding 5s 1933 M-N United Fuel Gas lst.s f 68_1936 J - J Utah Power & Lt 1st 55_ _1944 F - A Utica Elec L & P 1st s f 5s g1950 J - J Utica G & El ref & ext 55.A957 J - J Westchester Light gold 5s..1950 J - D Sales in January 1919. 445,000 1,000 1,000 8,000 1,000 1,000 1,000 9,000 37,000 15,000 26,000 5,000 8,000 46,000 92,000 1,000 18,000 49,000 3,000 4,000 12,000 19,000 ' i,000' Miscellaneous Bonds Adams Express coil tr g 4s..1948M- S 13,000 Alaska Gold M deb 6s A_ _1925 M- S 8,000 10-year cony fis Ser B1926 M- S 32,000 Am Steamship of W Va 1st 53'20 M- N Armour&Co 1st real est 434s'39 J -D 92,000 Booth Fisheries deb s f 0_1926 A -0 Braden Copper coil tr s f Os 1931 F - A 339,000 Bush Terminal 1st 4s 1952 A -0 Consot 5s 1955 J - J 1,000 Buildings 5s gu tax ex_ _1960 A -0 3,000 ChC & ConnRys coil 5s Jan1927 A -0 Chic Un Stat 1st gu A 4%s.1963 S - J ' 43,000 Chile Copper cony 7s 1923 M-N 56,000 Coll trust 6s ser A sub rects__ M-N Coll trust 6s cony ser A_1932 A -0 145,000 126,000 Computing-Tab-Rec sf (Is _1941 J - J 21,000 Comstock 'runnel Inc 4s_ 1919 M-N Granby Con M S & P 1st 6s1928 M-N 5,000 Stamped 1928 M-N 1,000 Great Falls Pow 1st s f 5s_ _1940 M-N Int Merc Marine 1st s 1 6:4_1941 A -0 589,000 Montana Pow 1st & ref s f 5s A J - J Mortgage Bond 4s Ser 2.. 1966 A -0 177,000 10 -year 5s Series 3_ _1932J - J -20 Morris & Co 1st s f 434s_ 1939 J - J N Y Dock 50-year gold 45_1951 F - A Niag Falls Power 1st 5s_ 1932 J 2,000 Refunding & gen 6s.Jan 1932 A -0 Niag Lock & Ont Pow 1st5s1954 M- N North States Power 5s A 1941 A -0 41,000 Ontario Pow N F 1st 5s_ 1943 F - A 7,000 Ontario Transmission 5s_..1945 M-N Pan-Am P&T 1st cony 6s '19-27 J - J 62,000 Pub Ser Cor NJ gen 50-yr 5s'59 A -0 53,000 Sierra & S F Power 1st 5s_1949 F - A Tennessee Cop 1st cony 68_1925 M-N 5,000 Wash Wat Pow 1st 30-yr 5s1939 J - J 1,000 Wilson & Co 1st s f 6s 1941 A 828,000 Manufacturing & Industrial Am Agr Chem 1st cons 58_1928 A -0 Convertible deb 5s 1924 F - A Am Cotton Oil deb 5s 1931 M- N Am Hide & L 1st sf g 6s 1919 MAm Smeltg & Ref ser A 5s_1947 A -0 Am Tobacco 40-year g 6s_ _1944 A -0 48 1951 F - A Am Writing Paper 1st sf 5s1919 J - J Trust Co ctts of deposit Baldwin Loc Wks 1st sf 5s.1940 M-N Central Leather 20-yr g 5s_1925 A -0 Central Foundry 1st s f 65_1931 F - A Consol Tobacco 50-yr g 4s_1951 F - A Corn Prod Ref gold s f 5s.._1931 M- N 1st 25-ears 5s 1934 M-N Distillers S C cony 1st g 5s 1927 A -0 E I du Pont Powder 434s_ _1936 J -D General Baking 1st 25-yr 6s1936 J -D General Elec deb g 334s.._ _1942 F - A Debenture 5s 1952 M- S Ingersoll-Rand 1st 5s_Dec 1935 J -S Int Agric Corp 1st & coil tr 5s'32 M-N Internat Paper cony s f g 581935 J - J Liggett & Myers Tob 7s 1944 A -0 5s 1951 F - A (P) LorWard Co 7s 1944 A 58 1941 F - A Mex Petrol Ltd cony 6s 1921 A -0 1st lien & ref 6s Series C_ 1921 A Nat Enam&Stpg 1st 20-yr 58'29 J -D Nat Starch 20 -year deb 55_1930 J - J National Tube 1st 55 1952 M-N N Y Air Brake 1st cony 68_1928 M- N Pierce Oil 5 -year cony 6s.._1920 - D 10 -year cony deben 6s_ _192 I J - J Sinclair Oil & Refg 1st 3-yr s f 79 notes with warrants attach Without stk warrants attach _ _ _ 52,000 44,000 5,000 44,000 164,000 3,000 2,000 61,000 21,000 1,000 164,000 2,000 11,000 73,000 3.000 23,000 226,000 50,000 71,000 6,000 41,000 9,000 4,000 35,000 276,000 345,000 119,000 17R,000 Sales in December 1918. [VOL. 108. PRICES IN JANUARY. Jan. 2. Jan. 31. Lowest. RANGE FOR YEAR 1918. Highest. Lowest. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. 186,000 102 % Sale 101 Sale 10034 .Tan. 28 103 Jan. 3 95 99 97 Jan. 27 97 Jan. 27 4,000 96 9634 9634 Jan. 30 9634 Jan. 30 3,000 95 96 Sale 9534 Jan. 16 96 Jan. 1,000 94 94 Sale 95 94 Jan. 31 94 Jan. 31 31 81 90 90% 93 95 95 88% 88% 90% 90% 100 100 Sale 90 Sale 83 Sale 79% 24,000 9934 Sale 99% 100 8,000 9134 95 95% 87% 90% 8734 14,000 90% 93 4,000 73 74 100 31 100 Jan. 2 90 Jan. 25 83 Jan. 2 9994 Jan. 18 97 Jan. 9134 Aug. 28 8 93% Sept. 17 8934 Sept. 23 91% April 94 Feb. 19 9534 Oct. 19 96% Mar. 8 98 May 15 9434 Dec. 27 94 Feb. 19 31 97 Aug. 28 2 31 73 Sept. 10 § 24 34 My 15 8434 Oct. 17 99% May 3 78 Nov. 7 9034 Dec. 30 9494 Jan. 16 8634 June 10 91 9334 91.34 Jan. 23 94 Jan. 30; 86 July 23 9734 Nov. 14 7134 Sale 7134 Jan. 23 7434 Jan. 141 68 May 9 7634 Nov. 22 100 100 Jan. 22 100 Jan. 22 9434 Sept. 20 9434 Sept. 20 54,000 95% 95% 95% , 96 276,000 87% Sale 8634 87 88 87 92 92 1,000 101 76 100 Jan. 90 Jan, 793'3 Jan. 99% Jan. 95 Jan. Highest. Sale Prices. Sale Prices. 99 June 15 108 Nov. 9 100 Sale 75 92% 90% 9534 Jan. 17 9534 Jan. 30 8694 April 25 9534 Nov. 27 8734 Jan. 17 88 Jan. 3 7634 Sept. 26 88 Nov. 14 88 Jan. 22 88 Jan. 22 Jan. 24 101 Jan. 20 76 Jan. 21 9834 Jan. 18 10134 Dec. 18 Jan. 2 7134 July 23 86 Nov. 14 96% 98% 91% 94 97 8534 71% 75% 9834 87 91 91 94 100 94 8234 71% 75% Jan. 16 91 Jan. 27 94 Jan. 16 78 Jan. 27 90 70 Nov. 16 70 Nov. 16 92 74,000 100 75 91% 92 82 95 97 88% 89 Jan. 21 92 Jan. 23 90 Nov. 25 390 Nov. 27 8834 Jan. 30 89% Jan. 87 90 92 98 1,000 95 21,000 8934 Sale 87 5,000 90 93 93 77 90 95 93 97 Jan. 18 92 69% 62% 65 3,000 65 65 Jan. 3 65 32 35% 3234 Jan. 13 35 17,000 3034 33 31 3534 32 Jan. 2 34 47,000 32 Sale 67,000 86% 87% 86% 87 477,000 96 4,000 83 81 6,0001 79 96% 85 85% 81% 89 22,0001 87 131,0001 108 Sale 151,000; 82% 85% 106,000' 84% Sale 85 9,0001 83 1,000 97 99% 92% 534,000 101% 131,000 93% 98 101 94 103 95% 94% 80 81% 80 96 84 89 82 87% 8834 107 108 83 84 84 Sale 84 Sale 97 98% 97 101 9334 973 Sale 93 Sale 81 8734 8234 83 74 68 73 5,000 68 95 102 2,000 9034 102% 1,000 10134 93% 93% 89 90 60,000 9034 Sale 89% 93 3,000 89 95 95 1,000, 11534 Sale 111 116 80 Sale 80 Sale 55,000 94 3,000 4 5,000 927 95 333,000 98% Sale 1 91 95 90% 98 Sale 8634!Jan. 29 95 May 1 92 June 27 91 Nov. 29 May 27 91% May 22 97% Jan. 8 2 80 Sept. 19 90 Nov. 23 Jan. 16 8034 Dec. 21 8934- Dec.-21 Jan. 3 60 Jan. 24 18 Jan. 15 18 Sept. 20 69 June 12 39 June 11 30 Dec. 4 Nov. 6 Nov. 8 8334 Jan. 14 8134 Aug. 10 89 Nov. 12 90 Feb. 18 90 Feb. 18 Jan. 3 89% Jan. 8 9034 Dec. 13 Jan. 25 90 85% Jan. 81 Jan. 88 Jan. 10634 Jan. 8234 Jan, 8134 Jan. 83 Jan. 79 May 20 83 7 85% Jan. 7 7534 Sept. 5 86 6 81 Jan, 0 74 Feb. 6 85 58 'Mar. 25 58 29 89 Jan. 8 85 Aug. 23 91 21 110 Jan. 3 10234 Jan. 17 11834 23 85 Jan. 13 673 Jan. 16 e8934 23 85 Jan. 6 77 Sept. 18 8934 23 8434 Jan. 31 7834 Jan. 22 85 97 98 Jan. 30 97 Jan. 20 93 95 Jan. 22 97 Jan. 2 Nov. 12 Nov. 23 Mar. 23 Nov. 14 Nov. 12 Nov. 12 Nov. 13 Nov. 14 Jan. 30 91 Jan. 17 100 Nov. 23 Jan. 20 91 Jan. 17 97 Sept. 13 9034 Mar. 19 94 Jan. 29 97 Jan. 21 102 Jan. 4 90 April 18 10434 Oct. 22 9234 Jan, 29 95% Jan. 4 85% Oct. 4 9234 Nov. 14 89 Jan. 30 91 89 'Jan. 23 91 11234 Jan. 30 122 7534 Jan. 27 80 '75 Sept. 18. 81 Nov. 1 65 May C 7334 Dec. 17 Jan. 25 9034 Oct. 7 9894 May 24 99 Nov. 13 10054 Dec. 5 Jan. 3 83 Sept. 20 9134 Jan. 20 8534 Mar. 18 89 Dec. 20 _ Jan. 3 105 Oct. 30 11934 Oct. 28 Jan. 2 7394 Jan. 4 86 Nov. 13 91 Jan. 15 92 Jan. 14 88 Jan. 11 9534 Oct. 30 92% Jan. 6 92% Jan. 6 903% Aug. 6 923 Dec. 11 % 9034 Jan. 20 98% Jan. 6 9034 Sept. 3 100 Nov. 12 98 Jan. 20 99 Jan. 31 9294 Jan. 9 19934 Feb. 26 34,000 9834 9834 99 Sale 80,000 10134 102 100 1005 100 Jan. 21 10234 Jan. 8 9034 Mar. 26 106 Oct. 17 8734 88 11,000 83 8934 88 Jan. 10 88 Jan. 10 80 Sept. 18 8934 Nov. 14 12,000 9934 100 10034 101 9931 Jan. 10 10034 Jan. 24 98% Jan. 7 101 June 28 9034 Sale 9034 Jan. 31 93 Jan. 3 8434 Sept. 19 95% Nov. 6 121,000' 92 Sale 1 119 119 119 Jan. 17 119 Jan. 17 117 May 22 11734 Oct. 2 73% 76 7234 Jan. 21 7234 Jan. 21 71 1,000 7234 80 Mar. 8 75 Dec. 19 88% 90 102,000' 88 Sale 88% Jan. 2 91 Jan. 24 79 Jan. 4 90 Oct. 23 85% 89 86 Jan. 17 90 Jan. 25 87 Dec. 11 89 Dec. 12 31,000 997 4 99% 101 Jan. 16 101 Jan. 16 9734 Oct. 23 1013% May 16 72,000 963% Sale 96 Jan. 23 97 Jan. 2 93 April 8 97% Mar. 4 9634 Sale 82 80 817 7,000 80 80 April 4 8454 June 10 80% 1,000 8034 7354 Dec. 19 7354 Dec. 19 9934 5,000 100 101 Jan. 6 101 Jan. 6 97% May 2 101 Nov. 29 6,000 9934 132 9934 10134 99% Jan. 3 100 Jan. 21 95 Jan. 21 101 Dec. 27 90 Sale 47,000 8934 8934 Jan. 24 91 Jan. 15 75 Jan, 5 8954 Dec. 23 100 100 83% 90 5,000' 8234 75 May 16 83 Dec. 24 74 15,000 70 7334 73 Jan. 23 73 Jan. 23 663% Oct. 18 74 Mar. 4 9734 9734 973% Jan. 21 1003 Jan. 2 94% Jan. 8 10134 Nov. 28 27,000 10034 Sale % 9770 96 96 Nov. 13 96 Nov. 13 50,000 7034 Sale 7934 Sale 7654 Jan.. 2 7934 Jan. 31 68% Jan. 2 7734 Oct. 14 99 9534 9536 9334 Oct. 4 99 Jan. 16 67,000 113 Sale 11234 Sale 11234 Jan. 31 11334 Jan. 10 1073% Sept. 11 117 Feb. 20 9234 Sale 28,000 9334 92 Jan. 24 9334 Jan. 7 86 Jan. 3 95 Feb. 28 10,000 113 Sale 11234 Sale 11234 Jan. 30 113 Jan. 3 107 Sept. 11 115 Feb. 14 9034 Sale 22,000 94 Sale 9034 Jan. 30 04 Jan. 2 83% Oct. 1 93 Feb. 14 175 150 180 1053% April 3 18134 Oct. 21 22,000 175 150 180 182 Jan. 10 185 Jan. 16 106 April 22 175 Oct. 28 96 ' 96 95 April 4 98 May 8 93 9334 91% Jan. 9 94 Aug. 18 16,000 95 981 98 Jan. 10 9 9834 98 Jan. 29 93 Feb. 2 9734 Aug. 27 834 5,000 993% 100 99 991 9934 Jan. 20 10034 Jan. 14 97 Oct. 16 100 Jan. 8 65,000 99A 100 100 10134 log Jan. 23 10334 Jan. 6 9534 Sept. 19 10134 Oct. 21 105,000 8834 Sale , 9034 Sale 88% Jan. 2 93 Jan. 13 83 Oct. 4 90t4 Oct. 21 188,000 9934 Sale ! 99 Sale 99 Jan. 31 100 Jan. 2 86 Jan. 7 100 Dec. 24 180,000 96 Sale 95 Jan. 31 9634 Jan. 10 34 14 Tan 10 96 9534 Sale . 13 FEB., 19191 N 29 STOCKS-STOCK EXCHANGE RECORD Int. BONDS PerV STOCK EXCHANGE iod. Sales in January 1919. Standard Milling 1st 5s_ _1930 M- N 7,000 The Texas Co cony deb 62_1931 J 101,000, Union Bag & Paper 1st s f 5s'30 J -J 9,000 Stamped J -J J Union Oil of Calif let 52_ __1931 J 3,000, US Realty & Impt deb g 5s 1924 J - J 213,000, U S Rubber 5-yr sec 72_ _ _ _1923 J -D 173,000, 1st & ref 52 series A_ _ _ _1947 J -J 1,388,000, US Smelt Ref & Mg cony Os 1926 27,000, Va-Car Chem 1st 15-yr 5s_1923 J -D 61,000, Cony deb s f 6s_.._May 1924 A -0 58,000, Western Elec 1st 52 Dec 31 1922 J - J 45,0001 Coal, Iron and Steel Bonds Beth Steel 1st ext s f 5s_ __1926 J 1st & refund 5s gu ser A_1942 M-N 20-yr pur & m imp f 52_1936 J - J 1932J -D Buff & Susq I s f 5s Jan 1926 M- S Deb 5s Cah C M Co 1st gu g 6s_ _ _1922 J -D Col Fuel & I Co gen s f g 5s 1943 F - A Col Indus 1st coil tr 52 gu_ _1934 F - A Consol Coal Md 40-yr 42.._1950 J - D Elk Horn Coal cony 62____1925 J - D Illinois Steel deben 434s_ __1940 A -0 1952 M-N Indiana Steel 1st 5s Jefferson & Clearf 2d 5s_ _ _1926 J -D 1st cony 5s_ _1923 A -0 Lackaw Steel 1950 M- S 1st cons 52 Series A Midvale St & Ord cony s f 52'36 M- S Pocahon Con Coll 1st s f 5s 1957 J - J Repub I & S sink fund 5s_1940 A -0 St L R Mt & Pac 52 stmp'd 1955 J - J Tenn C I & RR gen 52_ _ _ _1951 J - J U S Steel Corps f g 5s_Apr 1963 M-N Apr 1963 M-N Registered 1953J - J Victor Fuel 1st s f 5s Va Jr Coal & Coke 1st g 55..1949 M- S $ Jan. 2. I Bid. Jan. 31. Lowest. 95 35,0001 103 87 6,000, 93 9334 9334 9334 1,000, 51 6434 6334 Sale 4 1,478,000 10234 1023 103% Sale 1,036,000 8634 Sale 8634 Sale 29,00U 9934 9934 99% 100 159,0001 9534 96 9534 96 A 74,000 1005 101 1013 102 % 98 Sale 16,000 98 Sale 93- 4 Jan. 3 60 Jan. 10234 Jan. 86 Jan. 9834 Jan. 9534 Jan. 10134 Jan. 97 Jan. Feb. 25 Mar. 18 Jan. 22 Aug. 15 Jan. 2 Oct. 4 863% Dec. 28 76 Feb. 23 90 May 24 95 Aug. 15 8614 Nov. 13 99 Dec. 4 89 8654 86% 88 74 7534 8,000 7534 Sale 92 86% 87 Sale 95 9834 51,000' 83% Sale 8434 8434 96% 98 97 45,000 95 95% 9534 17,000 9634 Sale 9674 98 88% 83 33,000 84 8634 87 165,000 87 Sale 8734 92 87% 90 90 53,000 92% 94% 9414 955. 77 80% 80% 83 95% 9614 89 8,000 96 773,000 99% Sale 1003( Sale 9914 Sale 20,000 98 70 75 9,000 86% 87% 87 8934 771,000, 3,000 1,0001 Highest. Lowest. Sale Prices. Sale Prices. Prices. Jan. 21 88 Jan. 5 9331 June 21 Jan. 2 96% Jan. 210334 Dec. 31 Jan. 22 8634 Oct. 15 88 Oct. 21 83 Aug. 7 87 Dec. 16 27 9334 Jan. 27 90 Oct. 15 90 Oct. 21 14 63% Jan. 30 45 Mar. 5 68 Nov. 15 Dec. 2 10234 Dec. 21 21 101% Jan. 13 101 2 873/s Jan. 6 76 Mar. 23 8834 Nov. 12 28 100 Jan. 18 9234 May 310034 Dec. 2 24 96 Jan. 20 90 Jan. 2 97% Feb. 8 1110234 Jan. 24 94 Jan. 29 101% Dac. 13 9 9834 Jan. 29 9434 Oct. 1 98 Jan. 2 99 Feb. 6 9354 Mar. 22 8734 Nov. 13 90 May 22 8634 July 16 5,000, 29,000 19,0001 I 95% 9534 Jan. 22 9634 Jan. 14 92 Oct. 4 95 86% 88 87 Jan. 18 88% Jan. 4 86 July 15 8014 Sale 80 Jan. 20 83 Jan. 4 781.6 Mar. 13 90 May 22 90 96 85 Jan. 12 16,000 95% 96 49,000 88% 89 225,000 7934 83 96 90 22,000, 14,000, 181,000' Highest. Ask. Sale Prices. Ask. Bid. Sale 98 88 95 93 Jan. 21 93 Sale 10134 Sale 10034 Jan. 6 103 89 85 Jan. 15 87 8834 89 18,000, 37,000, 76,000 2,000, 77,000, 33,000, RANGE FOR YEAR 1918. PRICES IN JANUARY. Sales in December 1918. Jan. 16 88 Jan. 16 83 Jan. 20 7734 Jan. 13 73 83 95 Jan. 21 9834 Jan. 31 95 82%, Jan. 17 84% Jan. 6, 81 9534 Jan. 22 9734 Jan. 4. 92 88 75 9634 Jan. 2 97 Jan. 141 9434 Oct. 8 97 Dec. 7 86 Jan. 29 8734 Jan. 141 8334 Dec. 30 9654 May 16 87 Jan. 2 8814 Jan. 15 8054 Mar. 23 92 May 15 8535 Feb. 1 8811 Nov. 29 943% Jan. 7 9554 Jan. 14 91 Dec. 26 9834 Feb. 23 80 April 5 81 Nov. 13 9234 May 6 973.4 Jan. 25 % Jan. 3 10034 Jan. 6 96 Sept. 27 101 Dec. 10 3 99 9934 Jan. 31 9934 Jan. 17 96 Sept. 26 1003% Dec. 9 % 873% Jan. 4 875 Jan. 4 83 Jan. 23 8634 Dec. 27 Telegraph and Telephone 168,000 84% Sale 843 Sale Am Tel & Tel coil trust 42_1929 J - J 328,000, 8334 Jan. 10 85 Jan. 2 77 Aug. 2 88 Nov. 12 % Convertible 4s 1936 M- S 77 Jan. 4 7834 Jan. 24 78 Dec. 10 87 Nov. 8 2,000 77% 7834 85 3,000 86 Jan. 31 89 Jan. 10 82 July 15 92 Nov. 29 1933 M- S 24,000 85 89 20-year convert 414s 86 Sale 7,000; 183,000 92% Sale 30-year coil trust 55_ _ 1946 J -D 177,000, 9334 92 Jan. 3 94 Jan. 16 86 July 31 9734 Nov. 12 9334 7 -year convertible 62.._ _1925 F - A 1,775,000 1,111,000 102 Sale 10234 Sale 10034 Jan. 6 103 Jan. 27 e93 Aug. 20 105 Nov. 7 9834 Jan. 12 9935 Feb. 16 Cent Dist Tel 1st 30-yr 55_1943 J - D 98 9335 Oct. 8 933% Oct. 8 Chicago Telephone 1st 5s_1923 J - D 96% 100 98 Commercial Cable 1st g 45.2397 Q - J 5,000 93 Cumb T & T 1st & gen 52_1937 J - J 42,000 94 9334 9434 93 Jan. 3 9336 Jan. 23 85 Aug. 16 95 Nov. 21 1 Keystone Telephone 1st 5s 1935J - J 96% 96% Nov. 14 4,000, 3,000 88% Mich State Telep 1st 20-yr 52'24 F - A 92 90 Jan. 21 90 Jan. 211 8531 Aug. 19 91 90 2,000, 97% NY&NJ Telep gen 52_ _ _1920,M - N 97% 9834 Jan. 13 9814 Jan. 13 97 Jan. 21 98 May 20 Jan. 3' 84 Sept. 9 92 Nov. 8 49,000 905 Sale A N Y Tel 1st & gen s f 4542_1939,M- N 104,000, 89% 90 88 Jan. 7 9034 3 39,000; 19371 - J 52,000 9434 9534 935/s 9434 93 Jan. 30 95% Jan. 14 87 Aug. 23 9634 Nov. 23 Pacific T & T 1st 5s 13,000, 92 Jan. 21 93 Jan. 3; 86 Aug. 21 97 Nov. 19. 22,000, 9351 9436 92 93 Mouth Bell T & T 1st s f 5s_1941 J - J 3 93 Jan. 4 93 Jan. 4, 8734 Sept. 10 9336 June 16 1,000, 26,000; 93 West Un-Coll tr cur 52_ _ _1938 J - J 93% 9314 13,000 11,000 8634 9034, 8634 90 8634 Jan. 7 92 Jan. 3, 80 April 4 9234 Nov. 14 Fund & real est 4142 g 1950M-N 1 99 99 Mutual Un ext 5s gu_ _ _19411M -N ----81% No W Tel gu fund 4142 g 19341 J - J 81% £ sterling. b On the basis of four marks to one dollar. c First installment paid. d Full paid. e Part paid. s Option a On the basis of $5 to the sales. y Bonds "when issued." z Flat 'price. STOCKS-PRICES AND SALES FOR JANUARY 1919 AND THE YEAR 1918. In accordance with a rule of the Stock Exchange effective Oct. 13 1915, all stocks are now quoted dollars per share. Prices are on basis of 100-share lots. Exceptions of stocks which sell only in a small way are noted by the letter a. lOption sales are disregarded. STOCKS N V STOCK EXCEVGE RANGE FOR YEAR 1918. PRICES IN JANUARY. SALES. 12 Months In 1918. January Price about Jan. 2 1918. Jan. 2. Jan. 31. Lowest. J Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Shares. Bid. Par Shares. Ask. Bid. Ask. Sale Prices. Ask. Bid. 3 Mar. 23 99% Nov. 12 287,155 85% Sale 17,700 .100 1 93% Sale x91Y Sale Atchison Top & S Fe.. 9034 Jan. 21 94% Jan. 3 81 51,004 82% Sale 2,141 100 86 Jan. 21 89 Jan. 4 80 Jan. 30 9234 Nov. 12 87 88% Sale 86 Preferred 12,800 600 7% 7% 7% 7% Jan. 17 8 Jan. 10 5 Dec. 27 1034 June 15 6 Birm & Atl_ _ _100 Atlanta 5 Nov. 20 35,394 92 Sale 1,100 95% Jan. 22 99 Jan. 6 895% April 22 109 99 96 Atlan Coast Line RR_ _100 626,459 52% Sale 45,500 44 Jan. 21 50 Jan. 2 4834 Dec. 31 62 Nov. 12 100 50 Sale 545% Sale Baltimore & Ohio 2,400 42,499 56 Sale 100 54 Jan. 22 56 Jan. 14 53 April 25 6435 Nov. 13 53 55 Preferred 5554 Sale 403,365 48% Sale 183% Jan. 27 2674 Jan. 81 2534 Dec. 26 48% Jan. 2 20 Salo 22 Sale Brooklyn Rap Transit _100 174,100 May 2 a49 Aug. 30 54 100 295 50 a43 Jan. 29 a46 Jan. 20 a41 49 54 Canada Southern Mar. 25 17474 Oct. 14 16,800 100 592,318 139% Sale 160 Sale 15811 Sale 1553 Jan. 21 16134 Jan. 3 135 Canadian Pacific % 13,500 459,080 51% Sale 5514 5334 Jan. 21 57% Jan. 2 4934 Jan. 15 6274 Nov. 12 55 56% Sale Chesapeake & Ohio...._100 Chicago & Alton RR_ _100 100 Preferred 100 Chic Great West 100 Preferred Chic Milw & St Paul_ _100 100 Preferred Chicago & North West.100 100 Preferred Chic Rock Isl & Pac (new)_ preferred 7% 6% preferred Chic St P Minn & Om_100 100 Preferred lev Cln Chic & St L....100 100 Preferred Colorado & Southern.._100 100 First preferred Second preferred _ _ _100 Delaware & Hudson_ 100 Del Lack & Western.._ _50 Denver & Rio Grande_100 100 Preferred Detroit United Ry__ _ _100 Duluth S S & Atlantic _100 100 Preferred 100 Erie 100 First preferred Second preferred_ _ _100 Northern pref.. _100 Great Iron ore properties Gulf Mob & Nor stk tr ctfs Preferred 100 Illinois Central Interbere Cons Corp v t c 100 Preferred 100 Iowa Central Kansas City Southern_100 100 Preferred Keokuk & Des Moines..100 Lake Erie & Western.. 100 100 Preferred 300 4,800 3,400 60,700 44,130 8,000 610 35,300 6,700 7,585 500 310 1,100 300 2,100 300 100 3,200 210 1,700 5,700 100 100 34,700 8,100 1,400 28,600 206,210 200 500 2,284 44,500 25,500 200 3,300 1,600 200 800 600 3,580 9 12 700 22 49,202 88 Sale 64,267 24j Sale 787,094 4636 Sale 439,150 783 Sale 68,836 2,697 604,405 226 Sale 136,285 6536 Sale 167,275 5874 Sale 3,028 70 80 150 100 130 14,700 28 32 1,600 76 19,655 23 Sale 3,166 50 Sale 2,026 45 50 10% 7% Jan. 7 10% 7 12 9% 14 7% 814 7% 814 7% Jan. 235 Jan. 24 26 25% Sale % 36 Jan. 3731 Sale 3934 Sale 7111 Sale 7234 Sale 6534 Jan. 95% Sale 96 Sale 9354 Jan. 135% 13174 Jan. 131 136 131 23% Sale 25% Sale 2234 Jan. 7351 Jan. 76 Sale 7914 Sale 63% Sale 66 Sale 6154 Jan. 78 Jan. 82 80% 75 76 105 120 105 120 10534 Jan. 33 Jan. 36 33 3454 36 62% 75 6634 Jan. 6034 72 19% Jan. 21 22 20 23 48% Jan. 53 49 54 49 47 Jan. 43 48 40 48 52,366 10031 Sale 12,980 175 Sale 9,960 5 9 101,910 12% Sale 1,793 90 2,900 2% 3% 2,336 5 7 617,200 17 Sale 334,700 28 Sale 34,500 20 Sale 381,754 90 Sale 752,159 27% Sale 2,300 3,100 36,269 9334 Sale 269,091 8% Sale 113,430 46 Sale 5 2,350 2 111,395 18% Sale 9,626 47 50 1,400 2% 7 9,110 9 12 25 2.700 20 102% 110 103% Sale 101 Jan. 182% Sale 173 180 176 Jan. 3% Jan. 3% Sale 7 35 A 6% Jan. 6% Sale 7% Sale 85 Jan. 89 89 3% 3 Jan. 28 4 3 17 5 431 7 16 Sale 17% Sale 155% Jan. 26% 2434 Jan. 26 28% Sale 18 Jan. 20 22 18% 20 95% Sale 592 Sale 59051 Jan. 31% Jan. 37% Sale 31% Sale 7% Jan. 7 9 7% 10 3514 3134 Jan. 30 31% 38 96 Jan. 99% 97% Sale 96 4% Jan. 5 Sale 5% Sale 16 Jan. 18% Sale 1714 Sale 3% Jan. 5 2% 3 6 16 Jan. 18 1811 18% 17 Sale 549 Jan. 55 550 52 236 Jan. 254 5 3 9% Sale 73.4 7% 74 Jan. 18 Jan. 1834 20 22 18 13 20 105 Jan. 10 18234 Jan. 8 5% Jan. 31 7% Jan. 18 85 Jan. 29 3 Jan. 21 21 21 21 2 11 16 21 2 2 8 30 21 24 29 21 7 April 17 11 Nov. 12 1031 Dec. 30 18 Nov. 12 7 6 April 9 11 Nov. 12 3 1835 April 13 32 Nov. 12 9 3731 April 22 5431 Sept. 7 9 6634 April 11 863% Nov. 12 3 893.4 Mar. 25 107 Nov. 9 17 125 July 15 137 Jan. 29 3 18 April 22 323% Nov. 12 3 56% Jan. 15 88 Nov. 12 3 46 Jan. 15 75 Nov. 12 7 69 Sept. 25 82 Dec. 4 16 110 Dec. 6 110 Dec. 6 3 26 Fob. 21 40 Nov. 8 16 58% May 7 70 Nov. 22 13 18 April 22 273% Nov. 12 13 47 April 3 55 Nov. 4 27 40 April 4 48 Dec. 16 7% Jan. 11 21 8% Jan. 21 26% Jan. 21 41% Jan. 21 7431 Jan. 21 96% Jan. 7 133 Jan. 21 2635 Jan. 21 80% Jan. 21 67 Jan. 21 82 Jan. 16 10531 Jan. 23 36 Jan. 15 70 Jan. 22 223 Jan. % 3 4934 Jan. 27 47 Jan. 17% Jan. 2831 Jan. 22 Jan. 95% Jan. 3814 Jan. 8 Jan. 33 Jan. 9831 Jan. 6% Jan. 23 Jan. 335 Jan. 19% Jan. 53 Jan. 3 Jan. 9% Jan. 19% Jan. 25 100 Dec. 28 11934 Nov. 12 2 160 April 17 185 Sept. 4 1 254 Jan. 4 7 Nov. 21 5 April 23 13% Jan. 2 18 80 April 6 90 Jan. 14 29 2% Feb. 1 4% Oct. 23 4% May 2 8% Nov. 14 3 14 April 17 2334 Nov. 12 3 2336 Jan. 16 3635 Nov. 12 14 1834 Jan. 25 2734 Nov. 12 2 86 Jan. 15 10634 Nov. 12 25 2536 Jan. 15 3434 Nov. 14 27 8 Mar. 5 10 May 27 4 27 Mar. 8 3534 Dec. 2 14 92 Jan. 7 10535 Nov. 12 8 41 Dec. 24 935 Jan. 3 7 17 Dec. 30 47% Jan. 3 8 2 Jan. 5 5% Nov. 7 3 1554 April 17 2411 Nov. 12 14 45 Jan. 5 5934 Nov. 12 17 3 Oct. 22 435 Jan. 24 3 734 Oct. 10 1174 Nov. 12 4 18 April 23 25 Oct. 23 30 STOCKS N Y STOCK EXCH'GE STOCKS -STOCK EXCHANGE RECORD SALES. In 12 Months January 1918. Price about Jan. 2 1918. PRICES IN JANUARY. [VOL. 108. RANGE FOR YEAR 1918. Jan. 2. Jan. 31. Lowest. Highest. Lowest. Highest. Par. Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Lehigh Valley Sale Prices. 50 Sale Prices. 15,200 149,211 57 Sale 55% Sale 1553 Sale 54 Jan. 2 5573-4 Jan. 25 5394 Dec. 24 Louisville & Nashville_ 100 1,500 653.4 Nov. 12 27,720 111% Bale 117% 121 5113 114 I1334Jan. 23 119 Jan. 13 110 Jan. 2 1243 Nov. 12 Manhattan Railway....100 % 19,356 100 Sale Guaranteed stock_ 100 783-4 Dec. 24 10354 Nov. 12 2,026 4,980 81 Sale 83 88 81 Jan. 2 88 Jan. 25 80 Dec. 30 10054 Dec. 6 Michigan Central 100 10 196 109 91 96 85% 96 a92 Jan. 9 a92 Jan. 9 a803-4 Feb. 14 a95 June Minneap & St L (new)_100 12 3,525 79,916 93( Sale 11 12 10 10% 9% Jan. 21 11% Jan. 3 734 April 17 15% Nov. 12 Minn St P & S S M 100 1,000 13,731 87 90 90 94 91 95 873.4 Jan. 23 91 Jan. 25 8034 Jan. 15 973-4 Nov. 12 Preferred 100 1,839 105 110 100 108 Mo Kansas & Texas_ 100 105 April 25 113 Nov. 14 16,900 72,085 6 Sale 5 Sale 5 Sale 4% Jan. 22 6 Jan. 3 4% Jan. 5 6% Nov. 12 Preferred 100 1,200 • 17,701 83 8% 8% 9 93 10 8% Jan. 13 10 Jan. 9 6% Jan. 29 Missouri Pacific tr ctfs.100 74,225 133-4 Nov. 824,150 24 Sale , 25 Sale 23% Sale 223% Jan. 21 27 Jan. 3 20 Jan. 15 3194 Nov. 12 Preferred trust ctfs_ _100 8,600 12 96,951 45 Sale 53% Sale ,52% Sale 403,1 Jan. 21 54% Jan. 3 41 Jan. 15 62 Nov. 9 Morris & Essex 50 120 440 85 79 69% 70% 713-4 Jan. 21 7154 Jan. 21 a67 July 9 a75 Nat Rys of Mex 2d pf_100 Mar. 2 200 22,65 7 8% 7% Jan. 17 7% Jan. 17 4% May 27 10% Nov. 6 N Orl Tex & Mex v t c_100 4,900 31,371 21 23 31 32 31 Sale 30 Jan. 13 36 Jan. 16 17 April 11 36% Dec. 9 New York Central_ 100 36,744 679,03 71% Sale 75 Sale 573 Sale 693,1 Jan. 21 1753-4 Jan. 9 8754 Jan. 15 N Y Chic & St Louis....100 600 8494 Nov. 12 8,171 16 Sale 28 29% 28 30 28 Jan. 20 30 Jan. 7 13% Oct. 4 34 First preferred 100 Nov. 19 700 52 65 62 70 60 66 Second preferred.. 100 55 July 24 65 Nov. 16 300 1,300 41 48 47 42 43 4154 % 423 Jan. 29 4334 Jan. 13 40. Oct. 8 48 Nov. 15 N Y Lack & West........100 60 123 7 100 90 100 a91 Jan. 15a9134Jan. 27 a9334 Dec. 5 a9334 Dec. 5 NYNH & Hartford_100 36,400 1,505,209 32% Sale 31% Sale 28% Sale 27% Jan. 21 333,1 Jan. 3 27 April 11 45% May 29 N Y Ontario & West _ _100 3,700 54,221 21% Sale 20 Sale 20 Sale 1834 Jan. 21 21 Jan. 7 183.( Jan. 22 24% Nov. 9 Norfolk Southern 100 1,400 6,240 18 Sale 15 17 16% Jan. 17 183 Jan. 6 14 Nov. 9 2154 Dec. 17 % Norfolk & Western 100 4,900 138,160 1043 Sale 107% Sale 104% 105% 104 Jan. 21 10854 Jan. 2 102 Jan. 24 11254 Nov. 12 Rights 47,335 4,500 Y3 Sale % Jan. 20 1 Jan. 7 % Dec. 27 l34Dec. 4 Pref (adjustment).._100 900 3,100 70 85 72 75 70 73 Jan. 16 7454 Jan. 20 69 Sept. 17 79 Mar. 6 Northern Pacific 100 25,800 397,885 863( Sale 94% Sale 591 Sale 58854 Jan. 21 943.4 Jan. 2 Pacific Coast Co 100 8134 Jan. 24 105 Nov. 12 100 55% 40 300 40 50 541 50 x42 Jan. 24 x42 Jan. 24 40 Dec. 17 Pennsylvania 50 48,485 503,160 473.( Sale 45% Sale x44%, Sale z443( Jan. 31 46 Jan. 7 43 June 27 453,1 Feb. 7 1 Peoria & Eastern 100 400 5034 Nov. 12 10,000 6 9 5% Sale 4% 5% 5 Jan. 16 5% Jan. 8 4 April 22 6% Nov. 12 Pere Marq v t r 100 5,200 86,475 12% Sale 13 Sale 13 Sale 1234 Jan. 21 13N, Jan. 3 9 April 30 1874 Nov. 12 Prior pref v t r 100 500 11,297 55 Sale 53% 60 57 Jan. 20 58 Jan. 13 5234 April 1 64 Preferred v t r 100 Nov. 9 1,000 6,315 40 44 43 Jan. 15 4334 Jan. 15 30 April 5 50 Nov. Pitts Cin Chic & St L 100 40 2,87 A5 65 46 53 45% 50 45 Jan. 21 46 Jan. 9 253.4 June 14 58% Nov. 18 Pitts & W Va int ctfs_ _100 32,600 6 670,350 24 Sale , 38% Sale 343% Sale 34 Jan. 21 3854 Jan. 2 2254 Jan. 2 403-4 Nov. 14 Preferred int ctfs 100 1,600 46,626 62 Sale 80 82 79 Sale 79 Jan. 31 8154 Jan. 13 61 Jan. 10 82 Nov. 14 Reading Company 50 146,200 5,183,995 72 Sale 82% Sale 578 Sale 75 Jan. 21 8454 Jan. 3 7054 Jan. 15 903,1 First preferred 50 23 400 4,50 35 40 35 38% 37 38% 3654 Jan. 9 38 Jan. 25 3434 June 17 39 Oct. 15 Second preferred_ _ _ 50 May 300 9,290 36 Bale 37 Sale 37% 39 37 Jan. 2 379-4 Jan. 28 35 Mar. 20 40 July 6 ctfs_100 -San F tr St Louis 6,000 147,337 14 Sale 13% Sale 12% Sale 103% Jan. 21 1454 Jan. 3 93-4 April 3 1754 Dec. 9 Preferred A tr ctfs_ _100 500 13,401 30 Bale 23 25 23 25 22 Jan. 27 27 Jan. 9 21 April 12 St Louis Southwest__ _100 300 3354 Nov. 12 4,300 25 28 16 22% 16 22 17 Jan. 28 18 Jan. 21 19 Oct. 2 25 Nov. 12 Preferred 100 500 5,700 40 Sale 30% Sale 28 30 30 Jan. 21 31 Jan. 4 28 Oct. 2 40% Jan. 3 Seaboard Air Line 100 2,500 92,14 7 Bale 8% 9 7% 8 714 Jan. 22 8 8 Jan. 3 7 April 17 12 Nov. 12 Preferred / 100 3,900 85,225 18 Sale 17% 16 Sale 1534 Jan. 21 1854 Jan. 4 151 April 19 Southern Pacific Co_ 100 230,990 2,807,564 83 Sale 102 Sale 253( Nov. , 1 Sale 98 Sale 95% Jan. 21 103% Jan. 3 80 Jan. 24 110 Nov. 12 Southern Railway _ __ _100 95,700 1,269,47 7 243. Bale 297 3 Sale / 26% Sale 25 Jan. 21 30% Jan. 3 20 April 30 34% Nov. 12 Preferred 100 5,300 107,751 59J Sale 70 Sale 67% Sale 663% Jan. 21 70 Jan. 2 57 Jan. 21 755,1 Nov. 12 Texas & Pacific 100 266,100 161,300 1654 Sale 29% Sale 32% Sale 2734 Jan. 21 3634 Jan. 3 14 May 4 29% Dec. 9 Third Avenue 100 1,663 40,940 18 Bale 13 14 13 14 1334 Jan. 4 153% Jan. 8 123,1 Dec. 30 21% Jan. 3 Tol St L & West pref_ _100 100 16 lOs 6 10 20 10 20 10 Jan. 25 10 Jan. 25 11 July 10 11 July 10 Twin City Rapid Tran.100 600 65 10,800 60 37 43 44 60 38 Jan. 16 43 Jan. 28 32 Dec. 30 6534 Jan. 31 Preferred 100 25 70 125 80% 124 a80 Jan. Union Pacific 100 63,430 1,375,57 115 Bale 128% Sale 127 Sale 12454 Jan. 29 a80 Jan. 29 2113054 Jan. 3 1093,1 Jan. 15 1373-4 Oct. 19 Preferred 100 5,550 43,283 69 Sale 72% Sale 72% 73% 72 Jan. 14 733-4 Jan. 28 69 Jan. 3 Nov. 12 United Rys Investment100 1,700 6 Bale 45,01 7% 8 8% Sale 73.1 Jan. 9 ni, Jan. 14 43,1 Jan. 15 763% Oct. 21 11 Preferred 100 2,100 34,370 13 Sale 15 16 16 18 15 Jan. 13 1754 Jan. 14 103-4 April 17 20 May 7 Wabash 100 9,500 9 Sale 226,14 8% Sale W Jan. 20 834 Jan. 3 7 April 26 12 June 27 A 734 Sale Preferred A 100 19,350 306,655 44 Sale 32% Sale 31% 32 3034 Jan. 21 3334 Jan. 6 3074 Dec. 30 4454 Jan. 2 Preferred 13 100 800 87,104 23 Sale 19% 21 19 20 19 Jan. 23 20 Jan. 24 1954 Dec. 30 2054 June 26 West'n Maryi'd (new)_100 16,200 14% Sale 248,48 11% Sale 10% Sale 1034 Jan. 17 1254 Jan. 9 10 Dec. 27 173 Feb. 15 Second preferred_ _ _100 % 28 8,80 22 23 29 22 29 20 Jan. 29 32 June 22 Western Pacific 100 1,500 44,092 13% Sale 19 20 17% 19 18 Jan. 22 203.4 Jan. 3 13 Jan. 2 243% Nov. 12 Preferred 100 400 33,375 48 Bale 62 60 5874 Jan. 21 0134 Jan. 9 46 Jan. 3 64 June 27 Wheeling & L E Ry_ _ _100 3,200 70,537 10 Bale 836 9 8% 9 8 Jan. 18 838 Jan. 14 8 AprIl 22 123 Nov. 12 Preferred % 100 450 11,700 2134 Bale 1754 19 17 19 17 Jan. 30 1854 Jan. 7 1754 April 17 26 Nov. 12 Wisconsin Central......100 900 17,500 38.,. 42 33 36 31 34 303,1 Jan. 22 35 Jan. 4 2974 Dec. 26 393% Oct. 22 Industrial and MIscellan Adams Express 100 2,100 15,842 71 90 49% Sale 45 48%, 4554 Jan. 25 50 Jan. 10 42 Dec. 27 80 Jan. 11 Advance Rumely 100 6,200 88,515 14 Sale 23% 24% 22 Sale 21 Jan. 21 259--,1 Jan. 3 11 Jan. 19 263,1 Nov. 21 Preferred 100 8,500 82,281 27 Sale 60 58 60 Sale 5634 Jan. 20 6134 Jan. 30 2534 Jan. 15 627 Nov. 19 Ajax Rubber Inc % 50 16,000 20,160 49 Bale 66% 68 70 Sale 66 Jan. 13 75 Jan. 16 49 Jan. 2 725,1 Dec. 18 Rights 13,038 10,515 134 Sale 1 Jan. 2 13 Jan. 6 1 Dec. 27 134 Dec. 31 % Alaska Gold Mines_ _ _ _ 10 19,300 % Sale 354,125 334 Sale 334 Sale 3% Jan. 31 454 Jan. 15 Alaska Juneau Gold M. 10 13,1 AprIl 27 Nov. 6 36,200 23 Sale 548,25 13 Sale 1% Jan. 2 234 Jan. 3 13-4 April 1 53-4 Jan. 11 154 2 Allis Chal Mfg v t c_....100 334 64,135 781,889 19 Bale 30% Sale 3274 Sale 30 Jan. 21 3534 Jan. 10 17 Jan. 15 37 May 24 Preferred v t c 100 6,724 47,101 7234 Sale 82% 84% 83% Sale 813-4 Jan. 23 8554 Jan. 9 725,1 Jan. 4 8054 May 24 Amer Agricul Chem_ _ _100 11,700 52,550 79 Bale 101 Sale 1003. Sale 4 9934 Jan. 29 103 Jan. 8 78 Jan. 2 100 Oct. 17 Preferred 100 650 6,005 90 Bale 96 99 98 100 98 Jan. 9 99 Jan. 27 8934 Jan. 17 101 American Bank Note_ __50 Dec. 16 100 1,20 2934 35 33 35 x30% 35 33 Jan. 25 33 Jan. 25 3154 Mar. 2 353-4 May 22 Preferred 50 100 45 401 41 42 Sale 43 46% 42 Jan. 2 42 Jan. 2 413 June 26 423-4 Aug. 16 % American Beet Sugar_ _100 81,210 258,070 71 Bale 65 Sale 168% Sale 62 Jan. 3 77 Jan. 9 48 Nov. 26 84 Feb. 27 Preferred 100 100 2,720 83 Bale 82 90 85 90 843,1 Jan. 13 843,1 Jan. 13 282 Sept. 13 9134 May 8 Am Brake Sh & Fdy pf.100 200 1,066 160 Sale 160 Jan. 2 165 Jan. 17 160 Dec. 27 175 Jan. 5 American Can 100 181,350 1,542,045 3834 Bale 47 Sale 46 Sale 459-4 Jan. 21 5094 Jan. 9 3454 Jan. 15 503,1 May 17 Preferred 100 3,700 29,099 90 Bale 97 99% 101 103 98% Jan. 6 1013,1 Jan. 24 893,1 Jan. 23 09 Dec. 31 Amer Car & Foundry 100 58,600 892,635 7034 Bale 93% Sale 88% Sale 3 8734 Jan. 29 9434 Jan. 3 883,1 Jan. 14 93% Dec. 31 Preferred 100 1,700 11,847 115% Sale 113 Jan. 18 11534 Jan. 28 108 Jan. 3 Dec. 30 American Cotton Oil_ _100 36,000 221,650 28 Sale 39% Sale 42% Sale 39% Jan. 2 40.1, Jan. , 9 25 Jan. 16 11536 Oct. 18 3 44% Preferred 100 400 3,747 70 82 86 90 82 92 88 Jan. 7 89 Jan. 18 78 May 16 88 Dec. 16 Amer Druggists' Synd_ _10 73,700 1 , x133 Sale 103-4 Jan. 24 1334 Jan. 30 American Express 100 1,114 5,591 71134 90 84% Sale 88 90 84% Jan. 2 95 Jan. 10 773.4 Sept. 25 9534 Nov. 8 Amer Hide & Leather_100 43,200 335,089 123.4 Sale 13% 14 16% Sale 13% Jan. 4 17 Jan. 30 1134 Jan. 10 2254 Sept. 4 Preferred 100 195,700 354,585 50 Sale 72% Sale 86% Sale 71% Jan. 2 883 Jan. 31 50 Jan. 2 947 Aug. 24 American Ice (new)._ 100 18,644 226,126 111 Sale 40 Sale 41 Sale 38 Jan. 21 4534 Jan. 11 113-4 Jan. 2 49 Oct. Preferred 100 4,900 85,644 40 Sale 3 56 57 557 Sale 554% Jai. 20 59 Jan. 6 385,1 Jan. 16 61 Oct. 28 Amer Internat Corp 100 21 17,950 306,133 56 Bale 55% Sale 53% Sale 5354 Jan. 21 573-4 Jan. 6 5154 Sept. 17 6054 Oct. 14 American Linseed_ 100 62,700 584,175 27 Bale 47 Sale 47% Sale 453,1 Jan. 21 523,1 Jan. 9 27 Jan. 2 4736 Dec. 27 Preferred 100 6,600 87,911 6934 Bale 89% Sale 89 Sale 883,1 Jan. 22 929,1 Jan. 7 69)( Jan. 7 92 Dec. 11 American Locomotive..100 11,400 684,245 5554 Bale 61 Sale 50 Sale 58 Jan. 21 63 Jan. 3 533.4 Jan. 15 Preferred May 100 2,600 11,70 95 Sale 101 103 102 103% 100 Jan. 14 1029,1 Jan. 24 s95 Jan. 4 7194 Dee. 16 3 10294 American Malting........100 57,911 10,050 974 Sale 3% 5 1% I% 1 Jan. 17 4% Jan. 7 254 Sept. 28 13% Feb. 6 First pref ctfs of deposit 1,125 6,200 45% 48 42% 47 46 Jan. 10 48 Jan. 17 41 Sept. 18 48 Dec. 10 Amer Shipbuilding.__ _100 5,025 87 94 142 142 90 Feb. 21 144 May 14 Amer Smelt & Refin_ ....100 194,200 2,186,294 80 Sale 76% Sale 71 Sale 679,1 789-4 Preferred 100 2,600 20,96 101 103 103% 105% 106% 107 10434 Jan. 21 107 Jan. 3 73 May 28 949-1 Oct. 18 Jan. 3 Jan. 14 American Snuff 100 1,208 3,295 80 95 100 105 105 110 105 Jan. 11 11434 Jan. 25 103 Sept. 25 1104 Nov. 12 85 Oct. 1 107 Dec. 11 Preferred 100 100 33 85 100 90 100 95 101 99 Jan. 16 99 Jan. 16 a85 Aug. 2 a85 Aug. 2 Amer Steel Foundries_100 23,000 367,19 I 60 Sale 85 Sale 78% Sale 7734 Jan. 21 8634 Jan. 3 58 Jan. 15 95 Nov. 19 American Sugar Refin_100 22,400 228,091 100 Salo 111 112 112 Sale 11 Jan. Jan. 98 Preferred, new 100 1,150 10,043 1093'4 Bale 112% 114 115 118 113 Jan. 21 11534 Jan. 10 1083( Jan. 16 116 May 15 6 1159-4 17 Mar. 23 11454 Dec. 4 Am Sumatra Tobacco_100 68,300 1,991,245 623 Bale 97% Sale 198% Sale 96 Jan. 13 10634 Jan. 15 605,1 Jan. 5 1453-4 June 12 Preferred 100 300 13,490 81 Sale 90 94% 92 95 93 Jan. 8 9494 Jan. 24 81 Jan. 2 103 June 12 Amer Teleph & Teleg_ ..100 40,300 645,277 1043 Sale 100% Sale 99% Sale 983% Jan. 29 10134 American Tobacco.. 100 6,220 90,954 143 Sale 195% Sale 193 Sale 192 Jan. 21 206 Jan. 16 9054 Aug. 5 1093,1 Feb. 1 Preferred, new 100 1,800 16,611 90 100 101% Sale 100 103 101 Jan. 20 106 Jan. 10 14054 Jan. 5 198/ Dec. 5 Jan. 6 9254 Sept. 14 10034 Dec. 6 Amer Woolen of Mass..100 15,300 316,945 4534 Sale 51 Sale 46 Sale 451 Jan. 16 5234 Jan. 4 4434 Jan. 15 607e May 24 Preferred 100 16,735 89 2,250 9034 95% Sale 94% Sale 94 Jan. 30 9636 Jan. 9 92 Jan. 4 963% Dec. 8 Am Writing Paper, pf_100 11,300 108,375 25 Bale 27% Sale 32 Sale 275 Jan. 2 35 Jan. 22 203,1 Aprll 11 3934 Aug. 28 Amer Zinc, Lead & Sm. 25 3,000 175,800 14 Sale 11% 13% 11 Sale 11 Jan. 31 12 Jan. 3 11 Dec. 30 2134 July 3 Preferred 25 900 16,865 41 Bale 42 Sale 38 , 43 40 Jan. 21 4334 Jan. 10 383,1 Dec. 30 533,1 July 1 Anaconda Copper 50 124,400 2,671,720 62 Sale 60% Sale 559 Sale 1563% Jan. 22 6134 Jan. 3 59 Dcc. 30 x7494 Oct. 18 Assets Realization.. 10 1,500 11,450 1 Sale 1 Jan. 2 154 Jan. 10 % Dec. 27 23,4 Nov. 16 12 Months' In 1918. January EXCWGE RANGE FOR YEAR 1918. PRICES IN JANUARY. SALES. STOCKS N V STOCK 31 STOCKS-STOCK EXCHANGE RECORD FEB., 1919.] Price about Jan. 2 1918. Jan. 2. Jan. 31. Lowest. Highest. Lowest. Sale Prices. Ask. Sale Prices. Ask. Bid. Shares. Bid. Ask. Bid. Par. Shares. 173% Jan. 6 26% Jan. 15 17 18 20% Sale 15 8,700 10 Associated Dry Goods.100. 20,100 3141 58 63 65 54 60 300 100 613% Jan. 9 63 Jan. 10 1st preferred 40% 100 36 54% 47 100 100 583% Jan. 16 583% Jan. 16 2d preferred 72 68 Jan. 2 763% Jan. 13 68 Sale 70 17,599; ____ 58 7,300 100 Associated Oil 975% Jan. 29 1083% Jan. 4 97% Sale 713,5751 -99 Sale 107% Sale 26,500 Atl Gulf & WI SS Line_ 100 61 Jan. 29 67 Jan. 2 67 Sale 65 Sale 60 15,415; 58 1,800 100 Preferred 643% Jan. 29 773% Jan. 3 74% Sale 66% Sale Baldwin Locomotive_ _100 233,750 5,669,550; 59 Sale 102 Jan. 29 102 Jan. 30 4,900. 93 Sala 200 100 Preferred 42,629; 853( Sale 103 Sale 109 109% 103 Jan. 21153% Jan. 9 100 16,600 Barrett Co (The) 106 111 110% 111 1103% Jan. 30,1103% Jan. 8 6,9011 z98 101 100 500 Preferred 13% Jan. 20 15% Jan. 9 96,450; 15% Sale 1% 1% 1% Sale 3,700 20 I3atopilas Mining 61% Sale 72,535; 763% Sale 6,700 553% Jan. 20 623% Jan. 6 Bethlehem Steel Corp..100 61% Sale 59% Sale 555% Jan. 21 633% Jan. 3 Class B common_ _ _ _100 278,300 4,976,410, 753% Sale 903% Jan. 301 913% Jan. 30 5,600 600 100 Preferred 127,0151 9834 Sale 101% Sale 103 Sale 1013% Jan. 22105 Jan. 3 10,913 Cum cony 8% pref 100 114,710; 183% Jan. 14 223% Jan. 6 18% Sale 22% Sale 9,900 Booth Fisheries.._ no par! 90 80 Jan. 4 82 Jan. 4 2,9411 75 90 82 90 80 600 Brooklyn Union Gas.._100, 49,260, 0 9% 8% 9% 83% Jan. 29 103% Jan. 9 2,800 73% 8 Brunsw'kTerm&RySec 100 181,400; 113 Sale 152 Sale x145 153 151 Jan. 18 157 Jan. 3 100' 12,800 Burns Bros 1 Butte Cop & Zinc v t c_ loo; Butterick Butte & Sup Cop, Ltd.._10, Calif Packing Corp_no par; Calif Petrol vet tr ctf _ _100; 100, Preferred Calumet & Arizona Mg..10' Thresh M pfctf 100 Case Ur) 100; Central Foundry Ordinary preferred_ _100 loo' Central Leather 100' Preferred Cent & So Am Teleg_ _100, Cerro de Pasco Cop_ no par, Certain-Teed Prod_no par' 1001 1st preferred Chandler MotCar(The)100 25 Chile Copper 5, Chino Copper Cluett, Peabody & Co..100, 1001 Preferred 12,415 1,100 10,600 37,900 58,000 23,400 800 1,300 200 38,300 1,775 63 10,430 200 5,100 33,985 21,200 1,200 620 138,080, 11,150; 103% 16 281,750, 165 Sale 4 52,600; 36 37 219,342; 14 Sale 101,390, 38 Sale 11,700, 6,050; 76 Sale 40,300, 30 Sale 23,850, 41 Salo 982,440 65 Sale 11,8051104 Sale 102 494! 99 129,352; 305% Sale 1,6461 350; 104,780, 683% Sale 551,090, 17 Sale 310,710 423% Sale 6,370; 453% Sale 07 1,200, 93 6 Sale 173% Sale 19 Sale 48% Sale 20% Sale 64% Sale 60% 63 92% Sale 31 88 Jan. 18 1093 Jan. % 211 185 Jan. % 23, 31% Jan. 281 65 Jan. 7 108 Jan. 35 Jan. 14 38)Jan. 101% Jan. 15 101; Jan. 40% Jan. 21 4338 Jan. x40% Sale 37 383% 373% Jan. 4 39 Jan. 87% Jah. 27 97% Jan. 93 Sale 8% Jan. 6 8% Jan. 83% Sale 68 Jan. 20 71% Jan. 105 107 101% Jan. 3 104% Jan. 62 58 Jan. 3 62 Jan. 61 46 Jan. 21 50% Jan. 46% Sale 102 Jan. 23 101 Jan. al03%Sale 52% Jan. 29 60% Jan. 53 Sale 91 Jan. 2 92 Jan. 91 90 20% Jan. 27 31% Jan. 233% Sale 71% Jan. 28 80 Jan. 76 Sale 148 160 150 Jan. 8 160 Jan. 3 345% Jan. 29 543-4 Ma31124 15 al01 Nov. 22 a101 Nov. 22 285% Mar. 25 445% Dec, 30 14 30 Jan. 24 39 July 6 2 825% July 15 1055% Nov. 12 3 734 Sept. 23 13 June 21 9 6534 Oct. 7 95 Feb. 19 20 99 July 19 107 Dec. 10 29 44 Feb. 5 60 Dec. 23 4 293% Jan. 15 50 Nov. 16 Dec. 31 2 :9034 Jan. 7 101 3 52 Jan. 12 74% May 16 16 88 Jan. 31 9194 Julie 4 Nov. 12 9, 275% April 15 31 9, 7734 Dec. 30 83 Feb. 18 Jan. 31 9 136 Aug. 21 152 6 Jan. 16 Jan. 17% Jan. 48% Jan. 20% Jan. 61% Jan. 58% Jan. 91% Jan. 30% Jan. 558% Sale 1'57% Jan. 105% Sale 10134 Jan. 115 118 al07 Jan. 31 Jan. 32 Sale 383% 85 Jan. 85 Sale 106 Sale 1093% Sale 103 Jan. 17% Jan. 18 Sale 183% Sale 32% Jan. 34 Sale 33% Sale % 62 621 Jan. 61 60 62 100% 103% 106% 107% 103% Jan. Int Agric Corp v t c......100 100 Preferred v t c Internat Harves, new_100 100 Preferred, new Internat Mere Marine.100 100 Preferred International Nickel_ __25 100 Preferred International Paper_ __100 100 Preferred Preferred stamped....100 100 Jewel Tea, Inc 100 Preferred Kayser (Julius) & Co...J00 Kelly-Springfield Tire_ _25 100 Preferred Kelsey Wheel, Inc._ _ _ _100 Preferred 100 Kennecott Copper._ _no par 100 Kresge (S S) Co 100 Kress (S H)& Co 100 Preferred Lackawanna Steel.._ _ _100 Laclede Gas (St Louis).100 Lee Rubber & Tire_ ..no par Liggett & Myers Tob_ _100 100 Preferred Loose-Wiles I3is tr ctfs_100 100 First preferred Second preferred_ _ _100 100 Lorillard (P) 100 Preferred Mackay Companies.. 100 100 Preferred Maxwell Motor tr ctf_100 _100 1st preferred tr ctf_ 2d preferred tr ctf _ _ _100 2 27 17 2 2 2 15 14 734 Jan. 173% Jan. 213% Jan. 543% Jan. 253% Jan. 703% Jan. 615% Jan. 935% Jan. 14 3034 Jan. 22 623% Jan. 7 106 Jan. 8 al17%,Jan. 22 343% Jan. x34% 36 6 9 3 25 24 24 6 10 9 90 Juno 8 98 Feb. 14 25 98 Jan. 18 103 Oct. 18 24 8 :33 Jan. 2 6431 May 24 Nov. 6 3 6 June 19 15 8 22 Jan. 7 3134 Nov. 22 , 15 Oct. 18 18 9 De,c. 30 4 27 Jan. 16 443% Oct. 18 24 43 June 18 30 28 Jan. 18 703% Jan. 4 93 Dec. 16 1 39 262,640, 34% Sale 25% Jan. 21 305% Jan. 2 2531 Oct. 11 185 Feb. 13 29,600 Sale x28 Sale 30% Aug. 12 185 Jan. 26 4,034! 180 180 a170 Sale 165 173 170 Jan. 7 170 Jan. 225 Jan. 24 % 150 3,2751 95 104 101% 105 102 107 102% Jan. 17 1025 Jan. 17 9931 June 24 1033% June 17 34 Jan. 4 58 47 Jan. 3 53% Jan. 7 31,400 83,508, 38 Sale: 48 Sale 48% Sale 28 300 1,600, 90 100 103 100 106 103 Jan. 6 103 Jan. 8 9634 Mar. 7 105 Oct. 18 5,100 216,483, 134% Sale 151 Sale 118% 149% 147 Jan. 21 1513% Jan. 3 127 Jan. 7 1585% Oct. 21 62,400 1,131,570, 107% Sale 133 Sale 125 Sale 118% Jan. 21113134 Jan. 2 108 3 Jan, 15 184 Aug. 1 2,125 61,830, 81 Sale 82 Jan. 6 84% Jan. 11 75 Oct. 10 88 Feb. 83% Sale 82 84 % Jan. 20 2% Jan. 3 101,855 1% Sale Jan. 2 595% Oct. 18 56% Jan. 10 6234 Jan. 28 38 37,900 170,335 38 Sale 59% Sale 57 Sale 101 Dec. 9 600 11,960 97 Sale 101 106 102% 103 103 Jan. 8 104 Jan. 4 9594 Dec. 23 86 Oct. 23 74 Jan. 25 73% Jan. 27 80 Jan. 3 5,100 80 41,615 78 74 Sale 79 Sale 6 42% Jan. 22 463% Jan. 9 3834 Jan. 17 5831 Nov. 25 9,800 43% Sale 112,189 39% Sale Sale 45 April 50% Jan. 21 613s Jan. 3 5834 Dec. 19 1113% Jan. 10 6,100 53,217; 89 .95 60 62% 51% 55 9331 Dec. 31 102 102 700 94 99% 89% Mar. 30 55 Dec. 30 6 Jan. 9 37 54% Jan. 8 F5,895' 42 Sale 600 54% 57 56 54 5 493% July 30 1,700' 123,319, 35% Sale 45 45% 42% 42% 42 Jan. 20 453% Jan. 4 34 Jan. 20 95 Nov.13 68 June 91 Jan. 2 96 Jan. 29 97% 94 Sale 300 96 98 3,095' 43% Jan. 20 4734 Jan. 0. 4134 Dec. 26 5834 Oct. 18 61,000 1,137,340, 17% Sale 544% Sale 46% Sale 19 June 28 10% Jan. 2 15% Jan. 14 10 Jan. 7,300 15 Sale 39,360, 12 Sale 10% Sale 28 48 Jan. 4 59 Jan. 14 38 Jan. A, 65 June 12 7,018 39 93,810 36 56% Sale 47 48 Nov. 14 Sale 110% Jan. 21 117 Jan. 7 104 Oct. 23 121 4,700 33,00d 115 Sale 112% 1115% Dec. 11 107 Oct. 116 Jan. 6 118 Jan. 15 400 2,100 114 105 21% Jan. 31 27 Jan. 4 21 Jan. 15 33 Oct. 16 22 Sale 57,700 1,671,975' 22% Sale 26% Sale Nov. 6 2 95% Jan. 311133% Jan. 3 835% Jan. 15 1253% Nov. 7 506,225 8,027,590; 83% Sale 112% Sale 97 Sale 35 27 Jan. 24% Jan. 31 325% Jan. 30% Sale 564,872; 122,670 32% Sale 525 Sale Mar. 15 May 2 98 885% 94% ' 2,336, 96% 453% May 15 3034 Jan. 3 363% Jan. 22 243% Jars. 15 99 33% Sale 41,500 614,525' 29% Sale 30% Sale Mar. 5 99 Mar. 5 95 100 75 75 99 75 95 Jan. 3 22 65 00 62 Jan. 13 64 Jan. 21 58 Jan. 30 6534 Nov. 14 1,800 63 28,079; 62 62% Sale 405% 27 Dec. 28% Jan. 8 36% Jan. 17 33 5,900 10,910 30 31 33 30 Salo 9734 Jan. 30 95 88 Jan. 6 90 Jan. 16 83 April 30 105 Oct. 21 700 3,100' 85 89 88 88 92 Jan. 2 100 107 Jan. 22 107 Jan. 22 95 880; 95 Sale 2 72 Dec. 19 44% Sale 568 Jan. 21 803% Jan. 30 41 April 20 903% Dec. 26 28,800 74,835' 69% Sale 579% Sale 85 400 90% Jan. 9 92 Jan. 16 765% Feb. 2 35 Oct. 18 710, 70 98 91 85 92 400 34 Jan. 24' 35 Jan. 21 243% July 3,590 28 Sale 32 36 29 31 90 Mar. 13 79 450 1,100 75 89 Jan. 15 91 Jan. 16 81 Jan. 5 88 95 85 90 3 % Jan. 30 29 Mar. 25 4134 Nov. 12 32 Jan. 13' 33 57,800 33% Sale 859,065 32% Sale 32% Sale Nov. 8 200 106% Jan. 20 108 Jan. 6 83 June 24 105 1,050, 100 110 108 6731 Dec. 31 700 60 Jan. 21 63 Jan. 22 50 Jaa. 31 1033% Dec. 2 1,800; 60% 65 56 66 25 100 1,390; 103 105 105% 107% 105 Jan. 14 105 Jan. 14 100 Jan. 30 913% May 16 Dec. 62% Jan. 21 6834 Jan. 3 6514 July 10 90 Mar. 8 12,800 331,999; 773% Sale - 67% Sale % 653 Sale 82 100 83 Jan. 21! 83 Jan. 21 82 April 2 24 Dec. 11 5,052, 78 86 80 83 86 21 Jan. 22 245% Jan. 31 12 Aug. 29 210 Dec. 30 26,600 57,400; 23% Sale 21% Sale % 800 7,783' 160 200 210 236 205 215 204% Jan. 18 2243 Jan. 8 1643% June 3 110 Nov. 13 107 106 110 108 110 107 Jan. 27 1113% Jan. 9 1005% Jan. 8 4534 Dec. 30 14,111 100 2,000 41 Jan. 9 47% Jan. 20 1734 Jan. 3 94 Nov. 1 4,000 54,636 18 Salo 44% Sale 45% Sale 85 800 91% Jan. 10 96% Jan. 24 823% Feb. 15 96 Dec. 23 1,810 80 93% 95% 64 350 3,100 50 97% 96% Jan. 8 97% Jan. 20 53 94 96% 94 Aug. 23 200 Mar. 26 2,100 21,200 155 170 155 165 150 165 162 Jan. 8 16894 Jan. 16 1443% Jan. 16 110 Nov. 6 110 105% 110 108 Sale 107 Jan. 28 109 Jan. 15 88 Dec. 14 719 3,234 95 785% Feb. 28 8 70 70 Jan. 22 715% Jan. 5,641 75 Sale 1,000 74 70 73% 70 57 Jan. 4 65 May 28 1,025 Si) 12,642 57 63 65% 63% 64% 64 Jan. 15 65 Jan. 4 Nov. 12 15, 26% Jan. 22 3034 Jan. 31 235% Jan. 271 425% Nov. 8 8,500 200,800 28% Sale 30 Sale 28% Sale Dec. 693% 50% Jan. 22 5334 Jan. 31 50 3,000, 99,330 58 Sale 49% 51% 53 Sale 31 19 May 27 325% Nov. 9 19% Jan. 2 22% Jan. 3,9001 21% Sale 109,235 22% Sale 19% Sale 97 95 Jan. 98 4,6651 94 94 100 1,500 95% Sale Deere & Co pref 1,304 98 102 110 117 110 113 110 Jan. 100 100, Detroit Edison % Jan. 11,340' Rights, 54% Sale x49 Jan. Distillers Secur Corp_1001 209,200 2,710,115 z33 Sale x49%, Sale 10% Jan. 11 Sale 221,015' 85% Sale 11% Sale Dome Mines Ltd (The)_1(); 15,000 27 Jan. 27,500 22% Sale 1,400 27 29% 27% 29 Elk Horn Coal Corp_ __50, 10 Jan. 9,270, 13% Sale 10 300 9 11 9 Federal Min & Smelt _ _100' 33,918' 35% Sale 1001 34 36% 33 Jan. 1,100 37 39 Preferred 3834 Jan. 34 12,6141 28 3,000 43 Sale 36 39 Fisher Body Corp_ _no par; 87;4 92% 93% 90 100; 92 Jan. 6,185, 70 92 715 Preferred Gas,Wms&Wig,Inc_no par1 100; General Chemical 100: Preferred General Cigar, Inc_ _ _ _100' 1001 Preferred 1001 General Electric Corp tern ctfs 100, Gen Mot Preferred temp ctfs_100; Rights 1 100 Goodrich (B F) 100' Preferred Granby Cons M,S & P.100 Greene Cananea Copp..100 Gulf States Steel tr ctfs 100 100 1st preferred Hartman Corporation 100 Haskell & Barker C_no par Homestake MinIng.._ _100 .20 Inspiration Cons Cop.. 1 53% Dec. 30 123% July 10 75% May 21 185% Nov. 23 163% Jan. 2 335% May 14 Nov. 23 365% Jan. 3 50 12 Jan. 7 243% Nov. 9 36 Jan. 5 705% Dec. 11 May 21 61 Dec. 30 71 73 Jan. 8 923% Dec. 31 18 Nov. 21 4134 April 22 14 33 Nov. 91 53 April 8 3 9 54% Dec. 26 733% Feb. 27 Nov. 12 23 1015% Dec. 26 108 a102 Oct. 16 all0 Mar. 28 14 Nov. 12 39 3 2934 Mar. 30 Oct. 19 405% Nov. 21 30 843% July 21 87 June 13 31 88% Jan. 2 1093% Dec. 11 3 145% April 4 21 Oct. 18 30 313% Dec. 28 473( May 16 9 45 Jan. 3 65 Nov. 15 25 95 Jan. 5 105 Nov. 22 6 Sale 11% 17 17% Sale 51% Sale 233% Sale 68% Sale 60 59 60% Sale 102% 105 101 107 34 Sale 33 40 385,5401 305% Sale 9,410 36% Sale Colorado Fuel & Iron_ _1001, 100 100 Preferred 221,660, 323% Sale , 42% Salo Elec._ 100 25,500 Columbia Gas & 35 ' 36 3,535 28 40 900 Computing-Tab-Rec _ _100 150,6911 87 Sale 97 Sale Consolidated Gas N Y_100, 29,300 105% 8% 8% 18,700, 8 700 Cons list-State Call Mg..10 52,1111 875% Sale 6,500 69% Sale Continental Can Inc.._100; 5,700; 88 110 104% 108 300 100 Preferred 55 5,200 45 2,700 25! 59 57 Continental Insurance.. 48% Sale Corn Products Refin_ _100' 203,100 2,182,3111 31 Sale 44,179, 91 Sale 104 Sale 100, 1,960 Preferred 58 Sale Crucible Steel of Amer_ 100 111,300 1,913,170, 54% Sale 14,0741 90 Sale 100 1,100 91 Sale Preferred 842,500; 283% Sale 29% Sale Cuba Cane Sugar__no par. 177,660 87,436! 80 Sale 100, 37,000 79% Sale Preferred 1 1,110' 145 150 135 160 1,100 Cuban-Amer Sugar_ ....100 Highest. Sale Prices. Sale Prices. 12 May 7 1894 Dec. 26 May 22 63 Dec. 20 51 363% Jan. 30 363% Jan. 30 54 April 18 71 Oct. 21 973% Jan. 5 120 Feb. 18 58 Jan. 5 673% Nov. 20 5634 Jan. 15,1015% May 16 93 Jan. 2 104 Oct. 21 85 Jan. 41110 Dec. 7 995% June 5 107 Dec. 16 1 Jan. 23 238 Nov. 15 60 Dec. 30 98 May 16 3 May 16 59% Nov. 12 94 Dec. 28, 94 Sept. 23 84 Jan. 151106% April 29 985% 21 Jan. 21 28 Sept. 5 78 Aug. 14 93 Nov. 18 65% Jan. 29 16 June 8 108 Feb. 5 1615% Oct. 26 6 96 Jan. 25 110 Jan. 3% Jan. 8 2 55% Jan. 31 13 Jan. % 23 295 Jan. 18 10 Jan. 20 383% Jan. 8 44% Jan. 27 935% Jan. 32 STOCKS N Y STOCK EXCH'GE STOCKS-STOCK EXCHANGE RECORD SALES. In 12 Months January 1918. Price about Jan. 2 1918. PRICES IN JANUARY. [VOL. 108. RANGE FOR YEAR 1918. Jan. 2. Jan. 31. Lowest. Highest. Lowest. Highest. Par Shares. Shares. Bid. Ask. Bid. Ask. Bid. Ask. Sale Prices. Sale Prices. Sale Prices. May Dept Stores Sale Prices. 100 7,200 12,450 47 Sale 60 Sale 63 65 60 Jan. 4 66 Jan. 20 47 Jan. 2 6334 Dec. 10 Preferred 100 900 3,350 97 100 Mexican Petroleum.. 100 931,300 4,891,140 984 Sale 104 Sale 104 106 104 Jan. 2 101 Jan. 8 98 Oct. 7 104 Dec. 10 % 17934 Sale 16634 Sale 1623 Jan. 23 1974 Jan. 2 79 Jan. 5 194 Oct. 19 Preferred 100 200 7,820 80 Sale 103% 1063% Jan. 15 1063% Jan. 15 87 Jan. 15 107 Dec. 11 10634 Miami Copper 5 15,400 207,430 2934 Sale % 2334 Sale z2234 Sale x225 Jan. 23 2434 Jan. 11 224 Dec. 31 3334 Jan. 31 Midvale Steel & Ord 50 70,810 1,446,3201 44 Sale 44 Sale j4134 Sale j4034 Jan. 29 4434 Jan. 9 41 Dec. 30 61 Montana Power May 100 1,200 27,415 69 Sale 73 703% 74 • 6934 Jan. 13 7334 Jan. 8 64 June 25 8134 Nov. 16 78 Preferred 13 100 200 2,600, 99% Sale 104 105 Jan. 22 105 Jan. 22 95 Mar. 19 10634 Dec. 5 National Acme 50 -1, 2,200 30,950, 2634 Sale 2934 Sale 3034 Sale 2934 Jan. 2 314 Jan. 7 263% Jan. 7 33 May 18 National Biscuit 100 14,362' 1,700 100 110 110 116 109 Jan. 3 113 Jan. 10 90 Aug. 13 11034 Dec. 11 Preferred 100 500 2,913' 1084 Sale % 11634 120 1153 Jan. 14 118 Jan. 7 1064 Sept. 28 114 Mar 13 Natl Cloak & Suit__ _ _100 600 1,2401 55 63 68 72 70 75 70 Jan. 22 75 Jan. 14 55 Sept. 13 6734 Dec. 30 Preferred 100 420 2,600, 95 100 103 106 103 104 10334 Jan. 20 104 Jan. 8 100 Jan. 10 104 Dec. 30 Nae Cond't & Cable no par 13,200 238,820 1734 Sale 16 Sale 144 Sale 1434 Jan. 21 1634 Jan. 10 13 Nov. 25 2134 July 5 Nat Enamel & Stamp 100 23,500 402,240' 38 Sale 48 49 4734 Sale 474 Jan. 6 50% Jan. 17 374 Jan. 7 5434 May 20 Preferred 100 400 2585" 96 Sale 90 94 93 97 93 Jan. 15 94 Jan. 16 88 Nov. 21 9934 Feb. 20 National Lead 100 16,800 67,250, 474 Sale 6534 Sale 64 Jan. 11 6834 Jan. 24 434 Jan. 7 693 Dec. 11 6734 Sale % Preferred 100 600 4,5401 9834 105 106 107 1083% 107 Jan. 3 11034 Jan. 25 993% Mar. 2 10534 May 18 Nevada Consol Copper 5 171,7501 1854 Sale 6,720 163% 1734 17 Sale 1634 Jan. 21 1734 Jan. 3 1634 Dec. 30 2134 May 16 New York Air Brake .100 2,750 87,625 118 Sale 99 105 9734 Sale 9734 Jan. 31 105 Jan. 13 9834 Dec. 27 139 May 22 New York Dock 100 19,612 203% Sale 1,500 24 26 21 24 24 Jan. 28 2634 Jan. 4 1834 Jan. 9 27 May 18 Preferred 100 2,114 42 Sale 100 44 4934 40 47 48 Jan. 7 48 Jan. 7 42 Jan. 2 4834 Dec. 23 No Amer Co new stock.100 11,050 43 Sale 800 47 48 47 50 47 Jan. 11 48 Jan. 13 3734 Aug. 16 5734 Nov. 22 Nova Scotia Steel & C..100 12,630 69 Sale 4,010 46 Jan. 30 55 Jan. 10 5234 Dec. 30 70 Aug. 3 Ohio Cities Gas (The)_ 25 45,620 1,028,419 3834 Sale 4134 Sale 4434 Sale 4134 Jan. 21 4434 Jan. 3 3534 Mar. 25 48 Oct. 18 Ohio Fuel Supply 25 29,500 41 900 48 46 Sale 43 45 43 Jan. 18 46 Jan. 2 40 Oct. 2 4634 June 13 Oklahoma Prod & Ref_ _ _5 131,000 84 Sale 84 Jan. 31 10% Jan. 10 Ontario Silver Mining _100 255,776 54 Sale 8,600 7 Sale 534 Jan. 15 734 Jan. 734 Sale 44 Jan. 22 13 June 17 Owens Bottle-Mach 25 2,100 37,625 6534 Sale 47 50 48 Sale 47 Jan. 22 4934 Jan. 15 44 Dec. 30 704 Aug. 27 Pacific Mail SS 5 10,400 118,773 25 2554 3734 3934 34 Sale 34 Jan. 31 3834 Jan. 4 2354 Jan. 21 40 Dec. 17 Pacific Tel & Tel 100 7,750 19 500 25 18 22 23 24 22 Jan. 21 233% Jan. 27 184 Dec. 30 27 Oct. 9 Pan-Amer Pet & Tr.. 60 180,020 240,920 69% Sale 68 Sale 67 Jan. 21 74 Jan. 3 634 Oct. 30 724 Oct. 28 Preferred 100 72,600 _____ 86 8,400 1204 Sale 11'7% Sale 117 Jan. 22 128 Jan. 3 86 Jan. 8 People's Gas L & Coke..100 12434 Oct. 28 188,326 3934 Sale 5,300 49 Sale 4534 Jan. 22 50 Jan. 3 39% Jan. 2 61 Nov. 6 Philadelphia Co (Pitts) 50 109,000 z27 Sale a31 Sale 3,340 2934 31-- 30 Jan. 3 32 Jan. 8 21 April 17 354 Oct. 29 Pierce-Arrow Mot C no par 405,185 35 Sale 31,000 43 Sale j4034 Sale j383% Jan. 22 4334 Jan. 8 34 Jan. 16 51% Nov. 12 Preferred 100 13,550, 88 92 1,900 102 Sale 102 10134 Jan. 3 102 Jan. 894 Jan. 26 104 Dec. 14 Pierce Oil Corp'n 25 143,600 356,440, 164 Sale 174 Sale 16 Jan. 2 1934 Jan. 6 1534 Nov. 26 1934 Oct. 16 Pittsburgh Coal (of Pa)100 3 308,300; 45 Sale 22,300 4634 48 j45% Sale j4534 Jan. 30 5034 Jan. 9 42 Jan. 15 583% Feb. 28 Preferred 100 18,150, 79 Sale 1,500 864 Sale 8534 86 8534 Jan. 29 87 Jan. 9 794 Jan. 2 8534 Dec. 16 Pittsburgh Steel pref 100 3.8851 89 98 200 90 9034 94 94 9034 Jan. 16 9034 Jan. 16 90 April 2 98 Jan. 10 Pond Creek Coal 10 2,100 1834 Sale 1,000 12 1234 1334 123% Jan. 29 14 Jan. 1 14 15 Nov. 29 20 June 12 Pressed Steel Car 100 161,3021 5934 Sate 4,700 62% Sale 63 Sale 6134 Jan. 21 64% Jan. 3 5534 Nov. 26 73 Aug. 13 Preferred 100 5,190, 95 Sale 101 Sale 600 99 102 101 Jan. 2 104 Jan. 14 93 April 27 100 Aug. 5 Pub Serv Corp of N J_ _100 13,713" 10134 Sale 700 89 82 Sale 82 Jan. 31 913% Jan. 7 85 Oct. 2 10914 a Pullman Company........100 53,505, 112 Sale 120 Sale x116 122 1193% Jan. 29 122 Jan. 4 100% Jan. 7 1324 Mar. 12 1 2,800 Nov. Railway Steel Spring...100 445,885, 48% Sale 21,005 1 76 Sale Sale 6934 Jan. 20 7734 Jan. 3 45% Jan. 7 78% Dec. 11 7134 Preferred 100 6,025' 95 Sale 104 400 103 107 105 Jan. 3 106 Jan. 13 95 Jan. 2 10534 Dec. 31 Ray Consol Copper_. 10 319,996 234 Sale 14,838 214 Sale 204 Sale 20 Jan. 18 213 Jan. 3 194 Dec. 26 264 May 16 % Republic Iron & Steel_100 33,300 1,407,145 7954 Sale 743% Sale j7294 Sale j7134 Jan. 18 76% Jan. 3 z7294 Jan. 15 98 May 16 Preferred 100 23,930 9234 Sale 1,400 98 101 1014 10134 100 Jan. 13 102 Jan. 7 92% Jan. 2 10234 Sept. 17 Royal Dutch Co certfs__:. 209,833 a7134 Sale 75,000 77 Sale 75 Sale 703 Jan. 21 81 Jan. 3 % Dec. 18 Savage Arms Corp.._....100 24,225 50 1,800 eo 51 58 60 61 5334 Jan. 3 6234 Jan. 18 z70 Dec. 31 145 Oct. 16 31 8034 May 5134 Saxon Motor Car 100 87,835 734 Sale 7,500 74 Sale 9 Sale 734 Jan. 23 934 Jan. 31 43% Aug. 22 18 Nov. 13 Sears Roebuck & Co .100 64,018 145 Sale 176 Sale z170 Sale z170 Jan. 311853% Jan. 8 13334 June 8 17634 Dec. 31 5,500 ShattuckArizonaCopper10 42,120 1634 Sale 4,150 13 Sale 12 Sale 1134 Jan. 29 1334 Jan. 1 x13 Dec. 31 184 Feb. 19 Sinclair Oil & Refg_no par 106,650 1,017,900 2934 Sale 34 Sale 334 Jan. 2 363% Jan. 3 254 Aprli. 11 39 Feb. 5 3434 Sale Sloss-SlieffieldSteel&I_100 90,525 40 Sale 4,100 4934 Sale z49 Sale 4834 Jan. 3 53 Jan. 16 39 Jan. 24 714 May 24 South Porto Rico Sugar100 2,622 135 175 600 132 Sale 133 145 132 Jan. 2 140 .Tan. 9 120 Sept. 30 162 Jan. 10 Preferred 100 625 102 Sale 102 110 1073-4 Sale 107 Jan. 27 108 Jan. 18 102 Jan. 2 110 Nov. 12 500 Standard Milling 100 6,923 79 415 84 113 120 126 130 124 Jan. 14 12634 Jan. 27 84 Jan. 9 120 Dec. 11 Preferred 100 1,755 78 400 83 8534 Sale 88 90 8534 Jan. 2 893 Jan. 29 80 June 25 89 Jan. 25 , % Stewart-Warner Speed 100 300 8634 Jan. 11 87 Jan. 10 Stronaberg Carburet no par 24,550 404 Sale 363 Jan. 10 42 Jan. 15 Studebaker Corp (The)100 243,900 2,604,850 6034 Sale 52 Sale 4534 Jan. 22 5334 Jan. 9 3334 April 21 7234 Nov. 8 5134 Sale Preferred 100 5,237 91 300 98 9234 Sale 92 97 92 Jan. 22 9234 Jan. 2 8034 July 3 100 Nov. 9 StutzMotCarofAm_Nopar 72,420, 383% Sale 5,200 493% Sale 46 Jan. 30 51 Jan. 13 37 Oct. 4 55 Dec. 11 4834 Sale Superior Steel 100 96,100, 3934 Sale 2,800 3534 37 j32 35 32 Jan. 21 364 Jan. 9 344 Mar. 25 4534 May 3 1st preferred 100 1,0601 93 9834 9334 z93 100 95 Feb. 16 100 Sept. 27 Tenn Cop & Chem wh iss_ 328,185, 1234 Sale 4,300 1334 14 13 14 13 Jan. 21 1434 Jan. 4 123% Dec. 30 21 6 Texas Co (The) 100 209,300 764,4251 141% Sale 184% Sale 1893 Sale 184 Jan. 2 1953 Jan. 16 13634 Jan. 7 203 July 18 % % Oct. Rights 89,366 33,7751 163 Sale 4 163% Jan. 7 1834 Jan. 16 143-4 Dec. 26 174 Dec. 31 1634 Sale Tex Pacific Land Trust 100 250, 125 168 200 300 180 Jan. 3 320 Jan. 9 13034 Juno 4 150 June 7 2,477 155 186 Tidwater Oil 100 1,342' 160 170 1,045 200 225 219 230 207 Jan. 3 220 Jan. 16 178 Jan. 18 2004 Dec. 30 Tobacco Prod Corp......100 153,300 1,654,103 50 Sale z7434 Sale 3 77% Sale 7234 Jan. 29 7834 Jan. 9 404 Mar. 25 823-4 Dec. 11 Preferred 100 21,100 83 6,300 89 10234 Salo 102 Sale 102 Jan. 21 106 Jan. 8 z874 Mar. 19 10434 Dec. 40 Transue& WmsSteel no par 10500 39 , 384 Sale 1,100 374 Jan. 11 384 Jan. 31 363% Oct. 10 42 May 15 Underwood Typewriter100 4,255 110 1,300 115 Jan. 8 125 Jan. 28 100 April 13 112 Dec. 9 Union Bag & Paper new100 7,645 6334 6734 73 80 78 75 Jan. 3 79 Jan. 24 65 Jan. 24 80 May 13 78 800 United Alloy Steel_ _no par 100,550 37 Sale 6,900 383% Sale 13 83% Sale 13754 Jan. 11 3934 Jan. 3 3634 Oct. 30 4454 May 13 United Cigar Stores 100 133,900 792,479 92 Sale 1073% Sale 11134 Sale 1074 Jan. 2 11834 Jan. 16 833% Mar. 28 10834 Dec. 28 Preferred 100 3,712 101 105 107 125 107 125 all5 Jan. 29 a115 Jan. 29 1013% Jan. 6 110 July 18 10 United Drug 100 5,601 6834 70 90 93 95 91 9034 Jan. 6 95 Jan. 7 69 June 26 9034 Dec. 31 3,380 1st preferred 50 5034 53 50 3,915 47 50 2,825 5334 503-4 Jan. 3 54 Jan. 13 40 Jan. 24 5034 Nov. 13 2d preferred 100 2,904 80 Sale 9234 91 Jan. 28 94 Jan. 9 77 June 27 8534 Dec. 14 85 90 95 300 United Dyewood 100 61 50 53 58 Jan. 22 58 Jan. 22 58 Sept. 21 61 61 500 100 May 18 United Fruit 100 64,837 11934 Sale 16734 Sale 160 Sale 159 Jan. 22 167% Jan. 2 1163% Jan. 16 j166%Dee. 31 6,400 U S Cast Iron Pipe & F.100 14% 15% 14 Jan. 15 15% Jan. 24 1134 April 6 1634 May 16 40,735 12 Sale 14 15 3,500 Preferred 3 100 4634 4234 Jan. 16 45% Jan. 24 40 Sept. 10 4794 Feb. 1 44 8,820 44 Sale 4334 Salo 1,100 U S Express 100 184 18 Jan. 22 18 Jan. 22 1434 April 25 163,4 May 28 16 2,570 15 18 19 z16 500 U S Indust Alcohol_ _ _ _100 974 Jan. 22 1053 Jan. 6 96 Dec. 2 137 May 24 58,140 1,236,810 118 Sale 104 Sale 10334 Sale % Preferred 100 964 Sale 4,075 88. 95 700 9934 10134 9634 Jan. 2 1004 Jan. 21 94 Oct. 11 99 Mar. 21 U S Realty & Improv_ _100 20 10,100 9 23 16 2434 174 Jan. 3 2734 Jan. 16 8 Mar. 6 26 Oct. 28 11 5,100 US Rubber 100 123,200 7534 Sale 561,850 5434 Sale 73 Jan. 21 8094 Jan. 2 51 Jan. 15 8034 Dec. 31 803% Sale First preferred 100 38,190 98 Sale 1094 110 110 Sale 109 Jan. 20 1103. Jan. 9 z95 Jan. 15 110 Dec. 30 3,015 U S Smelt Refg & Mg_ 50 99,600 454 Sale 434 Jan. 2114(134 Jan. 4 36 April 13 50% Oct. 19 3,800 4554 Salo 1464 Sale Preferred 50 474 45 Jan. 18 454 Jan. 15 4234 April 13 474 Dec. 13 6,970 45 Sale 44 473% 45 420 United States Steel.. _..100 1,940,570 31,854,340 11%&111 .Salee 943% Sale 8834 Jan. 21 9634 Jan. 3 8654 Mar. 25 1163,4 Aug. 28 8934 Sale Preferred 100 152,206 109 Sale 11334 Sale x11334Sale 11354 Jan. 2 11534 Jan. 14 108 Mar. 25 11334 Dec. 31 8,310 Utah Copper 6934 Sale 10 634,920 1814 Sale 6834 Jan. 29 7434 Jan. 2 714 Dec. 26 93 Oct. 19 72,300 7434 Sale Utah Securities v t c 100 134 Sale 16% Sale 13 Jan. 2 1694 Jan. 31 11 Sept. 16 1634 Nov. 12 50,850 12 Sale 11,200 Va-Carolina Chemical_100 5134 Jan. 22 5634 Jan. 6 334 Jan. 2 003% Nov. 7 312,895 3454 Sale 53 Sale 5234 Sale 19,800 Preferred 112 1123,4 112% 110 Jan. 7 11334 Jan. 14 98 Jan. 16 1139-4 Dec. 16 100 108 7,150 97 102 1,300 Va Iron Coal & Coke.. 55 60 56 Jan. 25 58 Jan. 18 50 Jan. 5 7354 July 27 .100 24,039 200 Vulcan Detinning 12 Sale 100 12 Jan. 6 12 Jan. 6 7% Apr. 3 1034 Dec. 26 838 300 Preferred 100 40 Jan. 28 40 Jan. 28 254 Mar. 13 42 Sept. 5 700 100 Walls, Fargo Express.._100 70 66 66 Jan. 7 75 Jan. 10 6334 Sept. 17 834 Jan. 18 6234 70 535 79 9,349 74 Western Union Teleg 100 g. m Jan. N ms Jan. 13 77% Aug. 2 9554 April 15 88 86 8654 Sale 109,090 8534 Sale 3,600 , Westinghouse A Brake 50 95 432 250 15 95 Dec. 16 95 Dec. 16 West'gh E Sc Mfg assent 50 414 Sale 493,665 4054 Sale 25,450 4034 Jan. 21 424 Jan. 3 3854 Jan. 17 4754 May 16 4154 Sale First preferred 65 60 70 59 62 50 1,775 57 59 Jan 11 6454 Feb. 20 . White Motor 4534 4634 Sale 45 Jan. 3 47 Jan. 25 364 Jan. 2 50 Nov. 12 43 50 2,100 48,520 37 Sale Willys-Overland 25 2634 Sale j2434 Sale j2394 Jan. 22 26% Jan. 2 1534 Jan. 15 30 Nov. 12 96,000 1,945,855 21 Sale New preferred 8734 Jan. 7 8834 Jan. 11 75 Jan. 3 804 Nov. 12 , 874 894 88 Sale 100 2,800 34,350 7334 Wilson Sc Co Inc v t c_100 694 65% Jan. 20 7434 Jan. 6 454 Jan. 2 774 Dec. 17 67 73 Sale 18,010 262,210 4534 Sale Woolworth (F W) 7,600 100 23,990 114% Sale 125 12734 x125 130 1234 Jan. 22 13334 Jan. 9 110 Mar.25 12834 Oct. 21 Preferred 115 121 11634 1 Ag 115 Jan. 22 117 Jan. 17 111 Oct. 2 115 Sept. 9 100 700 730 113 115 Worthng'n P&M v t c_100 54 54 Jan. 3 5734 Jan. 14 31 Jun. 4 69 Aug. 28 354 544 Sale 3,900 78,840 35 Preferred A v t c.....100 8 90 85 88 saV 88 Jan. 9 89 Jan. 10, 853% Feb. 5 914 April 6 88 400 4,495 82 68 Preferred B v t c_ _ _100 66 Jan. 3 68 Jan. 301 59 67 Sale 1,700 19,236 60 Sale Jan. 18 7034 July 26 a Less than 100 shares. b Ex-rights. c Ex-div. Sc rights. d 1st paid. e 2d paid. .1 Full paid. g 3d paid. h Ex-stock div. j Quoted ex-dividend during the month prior to this date. z Ex-dividend. siarust certificates. 33 GENERAL QUOTATIONS BONDS AND STOCKS 1. In the following thirty-two pages of tables, quotations are given for all the more important securities listed on any Stock Exchange in the United States; also for leading unlisted and inactive securities. 2. Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. As the New6York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and interest," we have adopted the same method, and no longer employ a designating mark to indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter "f" is prefixed to the price, he must pay accrued interest in addition to the price. This, however, does not apply to income bonds or bonds in default, in which cases the price includes the interest, should there be any. 3. The letter "f" prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms part of the price, and therefore the purchaser does not have to provide for it separately in making payment. As already stated in the case of income bonds and bonds in 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 thqt the quotations for many inactive and unlisted securities are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.:"M" for mortgage, "g" for gold, "g'd" for guaranteed, "end" for endorsed, "cons" for consolidated, "cony" for convertible, "s f" for sinking fund,"1 g" for land grant, "op" for optional. 7. The black-faced typo in the letters showing the interest period indicates the month when the bonds mature. NOTICE.—All bond prices are "and interest" except where marked "l" and income and defaulted bonds. Bonds Ask. Bonds ! Bid. I Ask. I Bonds Bid. Ask. Bolt A Susquehanna Ft R Corp— Halt & Flarrisb—Seo West Md I RAILROAD BONDS 73 74 let 4.8 Dec 30 1963______ J&J Baltimore Ohio— nude of companiet consor d are 88% Burl Cod RapANo—SeeCRIALP 88 ___J&J Prior lien 3%s g 1925 often under the consolidated name. 89 89 79% ButteAnsconda & Pac 5s'44 Fl 763 let M 4s g July 1 1048 __A&O Adirondack—See Del & Hudson 100 78 ; California N W 59 1923 778 81 Cenv 434 81933 red 1923 MIS Akron & Barb Belt g 4s '42_ JAD 100 '41_JA.1 -58 82 Cam is Clear—lot 5s g gu_AAs0818 100 Ref I gin (Si 1995 Sir A _JAD 963 Ala Gt South 1st as Dec'27_ J&J 85 PIA 99% Gen M g 40 19:35 J&J 9954 notes 1919 90 a% Gen M 5s Dec 1 192/ 6__J&D 93' 9434 Eq g 43.4s 1919-Feb '22 _PALA b 5.85 5.40% Canada Sou as 1962 eer A _A&O 85% let cons g fis 1943 Ser A _J&D Eq 454o 1919-1923 ___.,_A&O b 5.85 5.40%; Canadian Northern— 80 Belt Ry of Chatt as 1943_J&J 5% let con deb 4s 1930 gu_J&D30 b 6347 86 Pitt JcAll div354s g'2511,1&N, 84 Ala Midland—See Atl Coast Lin _ b 6347 631% Eq 434s various__ MUM Lake Erie As W Va— Alabama N On T & P June— 31% 76% Eq tr6sJuly'19-Jan'29Serar&J 7234 88 Refund gold 41 1941 __MAN "A"deb fis g '40 red'10_MAN 1/ 86 84% Manitoba SE let 49 L'29 N&A --84 84 SW div lot g 334s 1925__J&J "B"deb g 5s'40 red '10_MAt N1/ 82 Winnipeg Term g 45'39 g Jit 1 82 84 Central Ohle— deb g 58 Nov 1 1940_AA0 Canadian Pacific— 92 Reor let con g 430'30:WAS 89% Ala & Vick—Con g as 1921 Ads° 82 Cone deben 4s perpetual_ _JA.I II 78 88 Ohio ItivRR—let g 58'36JID, 95% 2d consol g 58 1921_ ..A&O 8% notes Mch 2 1924_MA:62 10031 10034 97 Gen gold Ss 1937_ AA(); 91 1st g as'21_ A&O Vieks & Mer Eq In 4548 1919-1928 _ J&J b 5.95 5.45% HuntABS let Os 1922J&JI 95 Albany & Susq—See Del dtlIlud 50 Aroostook Val 454s 1929_ IrAtA Ray Spen&G 1st 6s'20 FAA 95 Allegheny Valley—See Penn RR 93 New Brunsw lst g as'34_ F&A 11 90 Pitts Cl As Tel let Si'22A&0 965( Alla* As West—See Buff R & P 75 Cons deb 45 perpetual_JAJ If 73 100 99 Pitts June—let g la '22_ _J&J, 100 Terra deg 1919_ _J&J Allentewn 93 Ont&Que deb gu Se perp.JAD If 91 2d g Ss July 1 1922__ J&Jj 91 Alton Bridge—See St C 3.4 AStL Carb & Shaw—See Illinois Cent 58 92 Bch Riv East Side Is'25_J&D Ann Arbor let g 46 1995_ __Q-J Carolina Cent —See Saab Air L. 70 Staten Is! Ry 454s 1943_J1D Aroostook Northern—SeeBaoge r & Aroostook 82 6634 Caro Clinch A Ohl.5s 1938_ JA D 6234 Tol & Cin tily 4s 1959 __J&J Aroostook Valley—Sec Canadian Pac. Dully Sc 1919-1922____ FAA b 6.23 5.75% 78 73 W Va A Pitta 1st 4s g'90 A&O -8 U & Asheville & Spartanburg Carolina A Yadkin River— 71 Bangor As Aroeotook19113__J&J Col let m g gu 4s JAD let s I as 1952_ 91 90 80 1st M So g Jan 1 1943____JAa Atoll & East'n Br-4o 1928_J&J Carthage & Adiron—See N Y C 56 52 Cons refund g 44 1951_ _J&J Atchison Topeka At Santa Fe— 87 85 85 Catawiesa cons g Is 1948 __A&O 80 83 83% Medford laxt Is 1937_ __MAN Gan wort gold 48 1093...AA Ic 783( CRIaFAN—SeeBCR&N 80 Pisoat Div g Se Jan '43__A&0 7878 Adjustment 4o July 1'95.Nov Central Argentine Ry Ltd— 75 78% StJohnsItiviixt gu lis'39_FAA MIN 753 Stamped 99 88 Cony g 6% notes 1927 __FAA 70A 75 Van Bur Ex lag Jan'43A&0 82 J&D Cony g 4s 1955 opt 95 70 76 I Cent Ark & thist—See St L 8 W JAD Washburn Ext let tis'29_ FAA Cony g 4s 1900 Cent Branch Ry—See Mo Pac 84 80 81 Aroostook Nor leg 1947 A&O let g 4s 1053 _J4J Trans 13 L Central of Georgia— 75 85 86% Nor Mains Seaport Zs'36A4tOn 65 -Arizist&ri4 As'02op MIS Cal let M g Is Nov 1 1945__FAA 101 11 Battle Cr'h & Slur—See Mich C Series II 94 90' Cons gold Si 1945____ _MIN 92% Beech Creek—See N YC&H Ely. 925g E Okla Div let g 4s '23_Mdell Equip 4%sJuly'19-Jan'25 Jda b 6.1. 5.65% 90 Bellingham Bay & British Col— Hutch & So let g So 1929_J&J 73' 1961_ JAD 90 85 Chats Div gold Is JAD let g Is Dec 1 1932 Rocky Mt DIY 4s 19131_JiaJ - --86 Macon & Nor g as 1946...J&I Bell & Caron—See Illinois Cent San Fran & San Joaquin Vail 87% Mid Ga & Atl let Lis 1947_130 Belt RR A Ilk Yds(Ind'ras)1st g (So Oct 1 1940- _AA° 100 9 7 Mobile Div g Ss 1946_ _J&J 1st ref g 4o 1939 MAN Santa Fe Prescott & !Immix 90 Div let g 5s 1943_J&D Oconee Belt Ry of Chat—See Ala Or So lot g (Si 1942 89 86 Cent RR & Bkg 5s 1937 MAN Belvidere Del—See Peansylvani a 91 Atlanta ilirm de Atlantic—MIS 93 Chattahoochee&G as '30_J&J 81 78 Bennington & RutPd--Bee Rutland At! & Birm lot g Be 1034_J&J 92 '47_JAJ Chat R A South g 45 25 Big Sandy Ry---See Chest As Ohio Income Ss Nov 1 1930 92 Eatouton Br as g 1921i_J&D Bins Belt—Bee St L At San Fr Atlanta & Chad A L—Sete Southern ity. 93 Ocean SS Co g gtd as '20_J&J 75 Birminghtun & SE Si 1961 MIN All Knox & Cis—See Lou & Nashville Cl Cin Ch k StLoui Cent Indiana—See 75 70 firm Term let g Is '57 gu.MIS Atlanta Knoxv & Nor—See Lou isv & N ashy CentNewEng—SeeNYNH & Hart Boons' St Louts-A Sou—See Me Pacific Atlantic & Dan—See South RR Central of New Jersey— 94 Atlantic City—See Beading Co Boston & Albany Se Oct '63.J&J 104 Gen M (now 1st) g 5s'87_J&J 102 95. .1113 Atlantic Coast Line Co ofConn— fis June 1942 10031 Am D&Imp Co gtd 5s'21.J&J 90 J&J Carts Indebt 13s irredeens JADf 87 July 1 1938 9554 Leh & WfCoalcong 4s 8934 90 ,J&J Carts Indebt 4s 1925_ _ J&J 454s July 1237.. 1920, 1925, 1930, 1935.J&D b 531% 4.90% 86 Atlantic Coast Line RR 4s May 1 1933 gu NYC_MAN 86 N Y & L Br gen 49 '41_ MAS 82% 84 1st cons 4s July 1 1912 MIS 8534 48 May 1 1034 gu N Y C M&N General gold Ss 1941_ MIS 78% Col tr g 4s Oct 1'52opM&N 8531 4s May 1'35 guN Y C__ MAN 77 Central Ohio—See Ball & Ohio 82 70 Cony deb 46'39 op'16 M&N JAY 79 334s Jan 11951 Central Pacific—See So Pacific 70 I 83% 86 Gen unit Ser A 4Ms'04.J&D Ref 334s 1952 gu NYC__A&O 83 65 Cent Verm 1st Is May '20....Q-F Eq OisJune19-Dec'21 JAD b5.80% 5.30% Bost & Lowell 434s Feb '33_J&J 8534 Charleston A Nor—See Caro All West AlaMid— let gugas'23M&N A&O 4s April 1932 8134 90% 100 95 Charl A W Car let as '46. A&O 973 Atlantic Coast Line of SC— JAJ 354s July 1 1919 Aug Term lat gug 68'47.AA0 100 Gen lot g 4o July '48..J&J JAY 913 83 354ti Jan 1931 Chateaugay Ry—See Del A 11 N E of C -4%s g '44J&J I 80 Boston & Maine 1933__JeJ 104 Brun & West lot 4s'38_ J&J 92 Chattahoochee &Gulf—See Cent of Ga. 80% 89 A&O/ 86 434s April 1 1929 70 Chattanooga Ste 4s '57 gu J&J Cent of So Car as '2L _J&J 100 MIS/ 85 4.Sept 1 1926___ Chesapeake & Ohio Char & Say gen 7s 1936 J&J 11131 FAA/ 75 48 Feb 11037 97 9831 1st cons g as 1939____31&N Fla So let g gu 4s '45__J&J FAA/ 73 80 85 4s Aug 1 1942 78 77 General 41s gold 1992__MAS Nor & Car as 1939_ Adt0 MINI 87 100 334e Nov 1 1921 7934 Cony g 4 s 1930 op '15_ FAA 7934 101 33.4ta Jan 1023 J&J/ 84 99 Pet'b'g—ClaseABs g'20 J&J 93 Inapt 5t3 1929_ J&J Gen fund Class B as g 1926__A&O 105 52 J&J 3s July 1950 86 A&O Cony g tis 1946 _ 8534 Rich& Peters4%01940_ AM) 873 73 PortsGtF&Con 434s '37_J&D 80 Craig Valley lot 5s g '4()_ J&J SavFla&W let g as'34 A&O 108 Boa & NYAL—See NYNHAFI 60 J&J Potts Creek 4s 1948_ let M g Bs 1934___ A&O 92 Boston Rev D & L 4%s'27_J&J 95% 74 90 Div let con g4s'89.Jda Wel gnu g So '35_J&J 100% 101% Bruns & W—Elee At Comet Line R&A Wil & 75 6834 2d cons g 4s 1989_____J&J Gen mort g 4s 1933 _J&J Buffalo Creek let Is 1941__J&J 85 _ Atlantic & Yadkin—See Southern It3". Warm Sp Val 1st as g'41MAS9231 Buffalo Rochester & Pittsburgh 82% Augusta South—See South Ry_ Coal illy Ry lot 4s gu'45.J&D 107 MIS 99 General Bo g 1937 65 Eleyator Co g 4s gu '38_ A&O Aug Term—See Chad A W Car Con g 434. 1957__ ___M&N 9034 7834 Austin & Northw'n—See So Pac Big Sandy Ry 1st g 48'44.J&D Equip Os Ser K 1919-'33_ F&A b 5.90 5.657 7331 Ball Ches & Allan—See Pa RR 5.90 5.65, GreenbRy let g gd 40'40MAN Equip 454s tier E 1922M*Nb 70 Balt & Cumb Val RR 68'29_J&J 95 Equip g 434s Sow F 1927A&Ob 5.90 5.657: Raleigh As S W let 4s '36_JAJ West PocCorplst4 148'45 FAA Ex let M Os July1931___Jdrj 95 Equip 40 Ser 0 192g... .AkOb 5.90 5.65% Chesapeake At Ohio Northern— 76 Al & West 4.4 g guar 1998A&O 90 85 let NI 5s 1945 guarAAtO 86 Clear & M let So g gu'43i&J 75 55 10134 Chesterf'd & Lane let 5s'55F&A Roch & P lst do 1021__F&A 101 36 3634 Chic &Alton lst3%s 1950 __JAJ 101 Comol let g (is 1922._J&J) 55 52 RR refund g as 1949_ _ _ _A&O Buffalo & Southwest—See Erie 72 Deb lis 1922 subj to calLJAO b Basis. f This price includes accrued interest. k Last sale. I in London. n Nominal. a Sale price 34 [vol.. 108. GENERAL QUOTATIONS NOTICE. -All bond prices arc "and interest" except where marked "f" and income and defaulted bonds. Bonds Bid. Chicago Burlington & Quincy M&S 823 Gen M 4s 1958 99% Deny Ext coil tr 4s 1922_ FA 75% Illinois D1v31.415'400p'29 J&J 84% J&J 4.1 July 1 1940_ 3 Iowa Div at 55 1919____A&O 99% Sinking fund 4s 1919A&O 98A Nebraska Ext 4s 1927__MAN 93 M&S S W Div a f 48 1921 Repub Vail let Os 1919_ C B & Q joint 4e--See Gt Nor Chicago Sr Eastern IllinoIsRef & Imp M 4$ g '55 op_J&J I 24M 23 U S Mtg & Tr ctfs dep lit consol Os gold 1934__A&O f 101 Gen consul 1st 5s 1937.._M&Nf 76 U S Mtge & Trust ctfs dep f 763's stamped M & N 1915 M & N 1916 and M dr N 1917 hit 603 Guaranty Tr Co ctf dep__. 76 PurMist lien coa1153'42opF&A 56 7% Ilq es Mar '19-'22 op___M&S b 13% Cb Az I C Ity-lst as '36 .1.10 80 Dany&G Cr 1st M Os'20MAN 80 ET TH&Chic Inc Os '20_ M&N 61 Chic Gt West-lit 4s 1959M&S 99 Chic Ham & West 1st 68'27 J&J Chic & I C Fly-See Chic Sr E Ill Chicago Indiana & Southern Fly Con mtge g 4s 1056 guar_J&J 773 Ind Ill dr la 1st g 4s 1930_J&J 80% Chicago Indianap & Louisville Ref M g 6a 1947 Ser A___J&J 103 Ref M g 5s 1947 Ser B___J&J 82 Ref M g 45 1947 Ser C _J&J 65 lit & gen Is 1966_____MAN 81 Bq 4ees Mar 15'19-'21__M&S b 6.50 Eq 434sApr. 15'19-'21 A&013 b 6.501 F&A b 6.50 leo 4-s Aug'19-Aug indianap & Lou lit 4a '56J&J 70 Monon Coal gu 55'36 op J&D f 60 Oh I & SU,ShL-See CCC&StL Chicago Lake Shore & Eastern lit M 4ees 1069 op 1919_15cD n 85 Chic Milw & Puget Sound let M g 40 1949 guar J&J-Q-J 72 Chicago Milwaukee & St Paul Gen g 4s A May 1 1989_ _J&J 737% Gen & ref 4%s Jan 2014 A.40 717% Cony Si Jan 2014 Ser B FAA 787% Gen g 3%s B May 11089 J&J 66 79 Gen g 434. May '89Ser C J&J Deb gold 4s July 1 1934 J&J 70 Cony deb 434s'32 op '22 J&D 707% Gold bonds 48 1925 op'22J&D 837% Chic & L Sup Div g 5s'21 J&J 96 Ch & Mo Ely 1st Si 1928.J&J Ch & Pac WestDiv5s'21_J&J 967% Dubuque Div 1st es 1920 J&J 99 '24_J&J Fargo & So g Os La C Ar D Div 1st 5s 1919 J&J 98 Mil & Nor (is ext at 4%'34 JAD 887% Cones'13ext at4 to'34J&D 767% WI.& Minn Div g Si'21_J&J 967% Wise Vail Div let Os'20_ _J&J 99. Ch & No M-See Pere Marq Chicago & North Western Gen M 3%8 g 1987 MAN 71 MAN Gen M gold 4s 1987 81 Btpd non-pay Fed Inc Tax Gen 1.1 5a1987 alpine tax MAN 100 Sink fund deb Si 1933__MAN 967% Sinking fund Os 1929___A&O 101 A&O Si 1929 96 -year deb es 1921__A&O 13 80 977% Exton bonds 4s 1026F&A 15 917% Equip tr 4ees 1919-1922_A&O b 5.65 Boyer Val 1st g 334.'23_J&D 91 Des Plaines Val 4ees '47_514r8 80 Frem Elk & Mo V Os'33 A&O 108 Ia Minn & N W lat3ees'35J&J 76 ManitowGB&NW3348'41J&J 60 Mashf ext 1st M 5s '22. _A&O 1111Lak Sh &W es 1921M&N 101% Mich Div tat g (Is 1924 J&J 104 Ashland Divlat g(38'25M&S 1043 Ext & lines f g es '29_ F&A 987% Mlielparta&NW lat4s '47M&S 78 Mil&StateLine Ist3ees'41J&J Minn & Ia 1st g 3ees 24 J&D 89 Peoria & N W 33.4s 1926 M&S 877% Prin & Northw 33.4. 1926 J&J 873/s St L Peo & N W 511, 1948_J&J 91 St Paul EastGrTr44e8 '47 J&J 80 Sioux City & Pac33.4s'36F&A 767% Chicago Peoria & St. Louie Prior lieu g 4%a l930 _M&S 35 Chic Rock Isl & Pac Railway General gold 4s 1988._ J&J 76 Ref g 40 1934 op to 1911_A&O 7434 Eq Se Ser le 1919-1023 __J&J b 6.50 Eq 4 Ari Apr'19-Oct'19_A&O b 6.50 Eq 4345 May'19-'25___MAN b 6.50 Eq 4eesJu1y'19-July '27_J&J b 6.50 Burl Cedar Rapids & North Con list&col tr fis g'34 A&O 94'% Cedar Rap Ia Falls & NW ell Bs gold guar 1921_ _A&O 977% M&StL let gu g Ts '27 J&D 90 Choctaw Oklahoma & Gulf Gen M g Si Oct 1 1919 J&J 957% Consol gold Ss 1952_ _M&N Choc & Memph Si 1949 ..J&J 85 Peoria RyTer 48'37 gu op J&J R I Ar & La 434s 1934MAS 71 Rock Isl & Peoria (3s'28. J&J St P & K C Sh L 47%s'41F&A 697% Keo & Des M-lat 58'23A4r0 65 Chic St L & N 0 -See Ill Cent Chic St L Ax Pitts -See Penn Co Ask. Bonds Bid. Ask. g? b Basis. f1lius price includes accrued interest. k Last SAW. i in L01111011. n Noinina'. s Sale price. Bonds Bid. Ask. Chic St Paul Minn A Omaha Delaware& Hudson (Coned) 82%1 Con Os June 1 1930 Sluff Point Land Impt Co JAD 107% 112 101 Con es red to 37%. 1930 J&D 81 1st M g pier 4a 1940__J&J 60 79 Deb gold 5s Mar 1 1930 ALIA 88% Chateaugay Ore A Iron 95 86 Stamped 60 Gear gold 44 1942._ __JAJ North Wisconsin-Os'30.J&J 101 Rens & Bar rig let 7s'21M1N 103% St PASO lst g es 1919 _AA° 100 Utica Olin & Bing es '89_J&J 90 93% Super Sh L 5s June 1930 M&S 91% Delaware Lack A Western. Chicago Terminal Transfer Morris dr Essex 33483000 JAI) 71% 77 Chic & Gt W Ga g 1936__J&D 90 N Y Lack & Western Chic Terre Haute A Southeast 101% 1st es g'd Jan 1 1921__J&J 101 1st & ref g 3s Dec 1'600pJ&D. 2d Si g'd cons 1933_ __ FA A 68 98 Sou Indiana lit g 48'51_FAA 53 60 91%1 95% Term & Imp 41 gd '23 MAN 28 Chicago Union Station Osw & Syrac gu 55 '23_1'4&N 95 100 102 1st g 47%. 1963 87% J&J 83% Warren lit refg3 %a 2000FJcA 70 81 Chicago it Western Indiana Dsnver & Rio Grande Gen gold Os Dec 1 1932_Q-M 103% 104% 1st con g 4s 1936 71% 72 JA J Consol g guar 4s 1932 _ _ 62% 1st con g 47%s 1936 73 62% 76 JAI 6% notes '18 ext to '19_M&S Irnprov't gold Sc 1223___JAD 79 80 74% Chic & West Mich-See Pere I( let & ref g es 1953 op__ FAA 50% 54 79 Choc Olc & Gulf-See C R I & P 50 Bnkrs Tr Co stpd ctf den _ 54 Cln Day A Iron gu 5s '41_ M&N Adj Inc is cum 1932 op _ A&O 52 57 6 Chi Find & Ft W-See Cln HAD Rio Gr June 1st gu 3s '39 JAI) 82 Chichi Hamilton & Dayton 15 Rio Or So lit g 4s '40___J&J 38 General 5s gold 1942_ _J&D 83 40 lit g 4$ guar 1940.. JA.1 2d mtge gold 4ees 1937_ -MO 74% Rio Or Weal lit 4.4 '39__J&J 70% 71% 61% Clu Find&FtW 4s 1923.M&N 20 52 lit cons g 4a 1949 op__AAr,) 56 Dayton & Mich lit 51 1911 86%, Utah Fuel lit es 1931_ lehir Des Moines & Ft Dodge-See nn A 8 t Louis Ext at 47%% to'31op'17J&J 81 C I St L A C-See CCC Dee Plaines Val Ry-Sae Chic A NW St Cm Indianapolis & Western 84 Detroit Grand Haven A Mew 84% let m g 5e Nov 1 1965 __MAN n75 1stEq'ISext toNov14'20 A&O 96 81 Cin Lob & Nor-See Penusylvan ha RR ----96 Cougu'l8exttoNov15'20A&O Cinc & Musk Val 4s 1948_ FAA 80 Des Or Rap & West-eee Feral' Clucin N 0 & Texas PacificDetroit A Mackinac Eq 4%s May 15'19-21 MAN15 b6.50 67% Prior lien gold 48 1998._JA 6% 78 Cincla North 1st g 4419411_J&J 85 65 Mortgage gold 4.s 1998._J&D 89 6% Cht Rich dr F W-71 g '21_J&D 100 Detroit Riv Tun-See Mich Can 6V1 Clu San & Clev-See CCC& StL Detroit & Toledo Shore Line-6% Clearfield & Jeff-See Pa & N W 0 9 75 1st gold guar 48 1933..__Jezl Clear( A Mahon-Sea BRAP 94% DulA Er Range-lot tis '37 A&O 04% Cleveland Akron & Columbus 65 Dul Mis & Nor lit es '22, 99 ..J&J General gold as 1927_ _M&S 99 93% lit cons g es Jan 1 1933_Jki 1st cons guar g 49 1940__F&A 80 Gen g it As Jan 1 1941_ __J&J 95% Duluth Rainy Lake Jr Winniper Unguaranteed 79 Cleve Cincin Chic & St Louis let is 191e ext 192L., ,J& 94 97 78 General 48 gold 1993____JAD 67 71% Duluth South Shore & Atlaittl,! Gen M 3s Ser B 1993 _J&J 81 80 lit gold es 1937 87 86 .I&J 75 Deb gold 47%ii 1931 79 J&J 79% Dutchess Co-See CentNewiece Eq tr 5s 1919-1929 71% b5.95 5.50% East Tenn Va & Ga-See So fly J&J Cairo Div 1st g 48 1939 J&J 79 Eastern Mina-See St P M & M 71% 80 C W & M Div let 4s ge91..J&J 69 EaetonA Amboy-See Leh Vie 67 83% StLDly 1st col tr g4te90_ MA N Elgin Jot & Haat 3,9 1e41__M&N 76 91 97 77 73 gliche & Alleg-as 1941J&J Spr&ColDtv ha 1st g'40_ M&S 74% 76% White WV Div let 48'40...LAJ Elmira & Williamsport 68% 84 Cent Ind Fly gu 4a 1933_ MAN 85 lit Is '10 ext at 4% 1950...Lic 60 87 66 98% Chic Ind & St L Sh Line Ry93 Luanne an 2862 95 Adr0 100 1st gold guar 45 1953A&0 PS Paso & Rock hid-See El Pa' o & Sou thwest 65 97%, 018 L&Clet43 g Aug'36.Q-F PaSO & Southwestern Co82 90 Cons f Os'20 dr QI05.M&N New Mexico Ry A Coal Co99A 1007% 104 80 CinSan&Cley con g 59'28. J&J lin col Sr g As Oct 147 A&O 92% 9936 , Clay Comm Cin & Indianap 99 90 latAcou&coll It g 58'51AAco 90 Gen con gold es 1034 _J&J 107 Dawson R & Coal Si'51J& Id Blm & W ext 45 1940A&O 90% 90 Rinse& RI lit g gues'31J&J 72% Ind & St L 1st 7s 1919 A _J&J 8134 Erie--NY&E lst4sextg'47 MAN 98% 1st 7sJuly 1919 Ser B_MAS 5a 2d ext gold 1919 9734 1st 7s July 1919 SerC_MAN 00% 4445 3d ext gold 1923 MA 0 Ind A W g 5a Apr 1938-Q4 Se 4th ext gold 1920_ _A&O 90% 85 Peo & East cons 4s '40__A&O 81 48 42% J&D 56 1 7a 5th ext geld 1928 100 2d cons Inc 4s 1990__Apr 1 f 12% 81% lit cons g 1920 101 3-4 MAS 1734 Empire Trust ctfe dep_ 80% 7s let cons g tuud 1920 _M&S 98% 100 100% Cleveland Lorain & Wheeling 67 Prior lien gold is 1996___J&; 70 Cons now let g 8s 1933_ _A&O 53 100 Gen lien gold le 1998_ __J&J 53% 95% Stamped aubject to call_ 47% Cony gold Is 1933 Ser A _ A&O 49 93 Con refg g 47%5 1930 rod_ J&J 46% Series B 1933 48% 88 93 A&O Cloy& Mahon Val-See lerieRR 49% 99 Settee 1)1953 50 AA, Eq g 4 Aug '19 -Aug'21 tedc A 66.05% 5.55% 931 2 Cloy & Marietta-See Peon RR Bq g S3July 1919-1923_ _ AA.; b6.05% 5.55% 5.25% Cleveland & Pitts-See Penn Co Cleve Short Line-See L S As MS Eq 4%sSor BAug '19-241e& A 66.05% 5.554 Cleveland Terminal & Valley 38 notes Apr 1919 94 A&O lst 4s gold guar 1998.__MAN Penn coil g 4s Feb 1'51_ FAA 77% 70 75 Coal & Coke Fly 5s 1919__A&O Buffalo & Southwestern97% 98% Coal & Iron Fly-See Weston:1M aryland lst g ext to 1921 J&J Colo Midland-let 4s g '47_fle.1 2d g Os '08 ext to 1928.J&J _ Cent Tr Co aft of dep Jeff Rit5a gu'00ext to 19A&() 08 -55% Colo & Sou 1st g 4s 1929___ FAA Chic & Atl Term 5s 1918 105 87 88 Ref Mg 454s May 1 '38.44&N ext to July 1928 94 77% J&J 78 Ft Worth & DC 6s '21_ _JAD Cli & Fere) 5a 1st g 1982_ MAN 92% 95% 99 100% Cleve & Mali Val g 5s'38 J•icj 85% 8434 Colo Son N 0& Pac-See St LA SF Colo Spr & Cripple Crk D Erie & Jersey 8 f Os 1933 _J&J 99% 101 gold s f 5e 1930 _ Genesee River 61 1957_ J&J J&J 98 45 60 lit cons 5a Oct 1942 Long Dock &con g 1935 A&O 103 A&O 25 40 Col Convect&Tor-See NorfAW Newb & N Y 1st 38 1920_J& 90 NJANY 1st es 191098 Col Hock Val&T-See Hock Val Concord & Mont cons 4s'20JAD lext at 3%,to 1980_ MAN 95% 97% Deb 48 June 1 1920 NY&Or Lake gu g 111'46 MAN JAG 8634 94 Deb 37%s June 1 1920_ _J&D NYLBAWCARR92 Conn & Paea-lst g 43'43Ak0 90 let es curt* guar 1922_M&N ----45 76 Newp&Richf let5s'41 gu_J&J NY •PsW D & I let es 91 Connitiver-Gold 4a 1943_M&S 87 Extended at 5% to '43 JAI 77 76 334ii Jan 1921 75 N Y Pa A 0 p 1 43.0 '83 Macre 75 J&J 94 334s Jan 1 1923 N Y Susq & Western 6 J&J 90 Connecting fly (Phila)79 lit refunding fa 1937__J&J 1st hf gu 4s Mer15'51.M4c8 15 2d mtge 434s 1937__F&A 85 87 Connellay & Monongahela Fly 62 Gen mtge 3s g 1910__FAA 1st a f g 48 1930 opt____M&S 76 Term 1st g es 1948. MAN Midland of N J let 6e_1910 98 Cuba RR-lst g es 1932_JA.1 76 82 Imp & equip Bs 19S0 ..MAN 92% ext at 3% to 1940__A&O 75 72 98% Cum A Penn-1st g 5s '21_ MAN Wilkes I J lit pr 56'42 J&D Current Ely-See K C Ft S & M Erie & Jorsey-See Erie RR Dallas & Waco --See Mo K A T Erie A Plush-See Penn RRDaws Fly & C'I-See El Paso A Southw estern Buropean & N A-See Maine Central Dayton A Mich -See Cin H A D Evans Head & Nash-See Louie A Nash 92 Del. & Bonnd Br. 8ees '55_.1e&A a 75 Evansville & Indianapolis92 Delaware A Hudson f 13 16 Censol g guar es 126_ Cony es 1935 73 13 Ey 41 In let g ge ee 1924..J.e.1 17 A&O 91% 95 1st lien equip g 47%s'22__J&J Evansville & Terre Haute 96 97 let & ref gold 4s 1943MAN 95 1021___J&J 97% 70% 1st cons gold 85% 5% notes 1920 68 FAA let gen Is gold 042_ _A&O f 65% 98% 99 Adirond lit 47%s '42 prit_ INAS Refund M es Judy 1941__J&J 80 Albany & Suiaq 3341 gold 1948 eit Vernon 1st 6s a 1923.A&0 (cony before 1916) gu_A&O 98% Sul Co Br let g Si 1930_ _ M() 75% 80 ETHAChic-lFeeOhic&Eth Fargo & Be- See Chic M &P 83% Fitchburg-Ss Jan 1 1934 _J&J 84% 4)4e ref 1938._ _____MAN 80 _____ J&J -es 43 Jan 1933 86 41 refunding 1925-MAN 83% 4s refunding Mar 1927__M&S 35 RAILROAD BONDS FEB., 1919.] bonds. NOTICE.—All bond prices are "and Interest" except where marked "f" and income and defaulted Bonds. Bid. Ask. Bonds. Bid. 85 Indianapolis Un 4%9'20__M&N Fitchburg—(Concluded) 833(1 85 Gen & ref g Ss 1905 Ser A_J&J A&O Ls refunding 1927 Interboro-Met Wee Street dr El J&J 81% Ls Jan 1928 Enter Rap Trani Ry Securities 93%1 A&O 83s Oct 1 1920 International & Gt Northern— A&O 91 34s Oct 1 1021 96 M&N let g 69 1919 Boston-78 1924_J&J 104 Troy & 40 5% notes Aug. 1 1914F&A Flint lc PereMarq—SeePereMar Col Ely Bridge 75 '20_ _M&N Pen--See Seab Air L Fla Cen et 85 Internet Rye (Central America) 81% Florida East Coast 4%s'59 J&D lit M 58 1972 opt___M&N If 73 Florida South—See Atl Coast L Iowa Central—See Mine & St L 72 Florida West Shore Si 1034..J&J N W—See C & N W Ia Minn Johnstown & Gloversv— Fonda 85 Jackson,* Ter lit Si gu '39_J&J 70 let cons ref'g g 434s 1947_J&J 61 Jamestown Frank & Clearfield 57 gold 4s 1950._.J&J Gen ref'g 82 J&D 1st g ls 1959 guar 59 54 lit con ref 4%s '32 opt_M&N Jefferson—See Erie Fort Dodge Des Moines Sr Son— 86 Joplin Union Station— 82 J& D lit as 1938 79 litg 4%i 1940 guar op_ NUN 15 FtSmith&West 1st g 48'54_ Adr0 Kal Al & G R—See L E3 & M 8 75 Fort St Una:4)1)ot 43is '41 J&J Kanaw & Mich—See Tol & 00 C—See Col re S Ft Worth Ar Den Kankakee & S W—See Ill Cent 50% Ft Worth & Rio Or 4s 1928.J&J Kansas City Clinton & Sp— Fre Elk & Mo Riv—See C &NW lit Si gold 1925 guar___A&O Gelv liar & San An—See So Poe Kau City Ft Scott & Memphis— Galv Houston & Henderson 73% Refdg g 41) 1936 guar_ __Ak0 80 70 A&O 1st M 50, 1933 M&N 102% Cons Si 1928 Geneiee River—See Erie RR 85 Current Riy lit Si 1927_A&O 85 75 Gen & Wyo let g 58 1929_A&0 71 K C Men dr Bit 48 1934_ M&S Geer & Alabama—See Saab A L f 65 Income Si Mar 1934 Sept 1 Georgia Car dc N—See Saab A I 70 M&S Assented Piedmont— Georgia Coast & A&O Kan City & Men Ry & B— let gold tis 1962 71% 20 Adr0 15 lot Si gold 1929 g 58 1936____M&N Gs & Fla 1st 89 Kane & Mo—lit Si'22__F&A Geer Midland—See South'n Ry Kansas City Mexico & Orient Georgia Pacific—See South'nRy 98 1st gold 48 1931 (undep.)F&A Gee 1111 & Bank'g Si 1922._ Jac.' 95 J&J 6% notes Apr 30 1918_ A&O f 15 Si Jan 1 1922 80 J&J Kan City & Pac—See M K & T Ls Jan 1 1947 95 Kan City St Jos dr Council Bi— Gs Sou & Fla let g Si 1945 J&J 07 95 Nodaway Val lit 7811920 J&D 100 Gettysburg & Har is gu'HA&0 Tarkio Val 1st 7s 1920J&D 100 Gila Val Globe & Nor—See Sou Pacific Kan City Southern— Gr Rap Bel & Sag—SeePereMar 62% A&O lit gold 3s 1930 Grand Rap & Ind—See PennRR 84% 75 Ref & imp't Si Apr 1 '50_J&J Grand Trunk West 4e £ '50_./&.1 60 Kansas City Terminal Ry— lit g gu 45 $ July 1 19110_J&J 77% lit g 48 1980 op 1930____J&J Great Northern— 96y3 95% 95% 4%s notes 1921___ _____ JkJ B & Q coil It g 4e 1921_J&J 80 5% notes Nov 15'23_M&N 15 100 85 lit dr ref g 4 Wo 1061 op'41J&J 99 K C Viaduct & Term Ry lit s f 98% M&S 5% notes 1920 15 4%s Sept '34 op '30 rcts_J&J Great Northern Ry of Canada— 77 Kentucky Central—See L & N Con 4s 1934 opt to 1914_A&O If 72 65 Keokuk & Dee M—See C R I & Green Bay & West deb ctfs A__ Knoxv & Ohio—See South'n Ry Deb ars B Lake Erie dr Western— Greenbrier Ry—See Chesapeake & Ohio 86 lit gold Si Jan 1 1937___J&J Greenwich & Johnsonville 88 Jct.! J&J 2d g Si July 1 1941 1st old 40 1924 No Ohio lit gu Si g '43_Adr0 Gulf & Ship Island RR 82 79% Lake Sh & Mich So—See N Y C & H R 1st ref & term g 5sFeb'52.J&J Leavenwith Term Ry & Bridge Gulf Terminal of Mobile— 65 67 J&J let M gold Si 1923 let mtge g 48 1937 gu___J&I Lehigh & Hudson River RR— Hartford & Conn Western— 98% J&J 92 Gen g ler July 1 1920 guar lit ext g 4%9 July 1 1923.J&J 98% Unguaranteed Henderson Br—See Lou et Nash Lehigh Volley Lehigh dr Lake Erie—See Reeking Valley Ry— 78 80 Lehigh dr Now England— lit cons gold 4%9 1999J&J 99 J&J let M g 5s 1945 6% notes 1918 ext to Feb M&N Lehigh Valley 1919 87 J&D Si ext g 48 1948 _____ __FdrA b 583 5.45% 1st Eq Is 1919-1923 75 Con M 5s enn rag irred_J&D 118 Cel & H V Ext 4s 1948Anr0 74% Con M Ss R gold 1923J&D 102 1st g 4s 1955_F&A Col & Tol J&D Con M 4%1 C 1923 Holidaysb Bed & Comb—See P a RR 94 Con M 4s ann irred_J&D Hoiseac Tunnel & Wilmington— 80% 80 Gen cons gold 48 2003SI&N litM g Se Sept 1922_ __M&S 86 Vs Gen con g 4 tie 2003_ _ __Ii&N Housatonic—See NYNH & H 89 83 Col It g 48 Aug'19-Feb'28Pdr A Houston Belt & Term 58'37 J&J Coll tr g Os 1928 tern rcts M&S 101% Herndon E & W Tex—See Son P acific 99 Easton & Amb Si 1920__M&N doustou & Tex Cen—See Sou P &cite, Lehigh & Lake Erie— Hudson & Manhattan— 85 58 58% Fdrli M&S lit 4%s 1957 gu lit g Si 1057 opt 79 16% Lehigh Jr N Y lit 4s'45_Mdr8 Adj in cup to 8%Feb 57 A&O f 16% 60 70 Lehigh Valley Coal lit M 43s 1957 cony.._J&A 99% 90 100 1st Si gold guar 1933__J&J N Y & Jer lit g Si '32optP&A lit 40-year gu int red to Hantingdon & Broad Top— 79 85 J&J 4% 1933 lit g 48 Sept 30 1920____A&O is 80 70 Lehigh Valley Ry of N Y— 2d mtge 4s gold 1925____F&A is 60 87 J&J 62 lst 4%)) gold 1940 Cons Si g Mar 31 1925__A&O n 33 Leh Val Term Si 1941__A&O 100 Heutington & Big Sandy—See Balt & Ohio 92 Middlesex Val lot Si'42 Mar N Mitchinson dr S—See AT&SF 97 91 Illinois Central—ist g 4s'51.J&J Pa&NYCanal con Si '30 A&O 90 J&J 90 73% let gold 3tis 195E Con M 4As 1939..___A&O 88 73% Arta) Main L ext 1st g 3%8'51_ A&O Cons M 4s 1939 M&S 1st 121 30 1951 Lehigh & Wilkes—See Cent N J If A&O 1st ai £ 418 1951 Lox d.: East—See Louts,* & Nas 70 Tr bds 3%s 1950 _____J&J if- • _ Litchfield & Mad lit Si'34M&N 76 80 Little Miami-Coll trust gold 4s 1952_ Atit0 75% 75 M&N 77 Col Tr L NO & T g 48153M&N Gen g guar Is 1962 70% 73% Little Rk & Hot Sp West Ry— Per lines 1st g 3%s 1952_J&J 65 82% J&J 83% Ref g 4s 1955 opt 1918_M&N lot g 4.3 1939 guar 75% Itlitref M(IC&CEIL&NO Long Island-Unified g 4s'49M&S 75% J&D 93% 94% Refund g gu Li 1949____M&5 58 1903 Ser A Equip tr 4%s Aug'19-'23 FdrA b 5.75 5.30% Tax-exempt N Y____ 94 Eq trust 4%s July'19-128..lea b 5.75 5.30% lit cons g Si July 1 1931_Q-J 86% b 3.75 5.30% Equip Si Aug '19-'24 lit cons g 45 July 1 1931_Q-J 76 79 J&D Cairo Bridge 48 g 1980__J&D Gen mort g to 1938 8.5A 60% Liteh Div lit g 3s 1951__J&J Ferry lit 4.%s con g 1922M&8 70 07% lad) Louis,' Div 3%s g 11/53__J&J 4s gold 1932 77 97 Middle Div reg Si 1921__F&A Debenture gold Si 1934_J&D 76% UJoN 59% Omaha Div lot 3s g 1951 F&A Deb gold Si 1937 80 70% Div 3%o g 1951_J&J 76 Montauk Ext fis 1945___J&J at Louis 85 65 69% Brook & Mon 24 Ss 1938 J&D St Louis Div 3s g 1951___J&J 85 65 Div Ext 348'51 J&J Si 1937 M&N 81% Sp'gfield L I C'y Jo F con 85 76 Weetern lines g Li 1951__ F& A N Y Bay Ex It lit Si g'43J&J St Louis & N 0— Beach lit is Man Chicago N Y 94 05% 100 Con g as June 15'51.1*D15 gold Si 1935A&O 65%, Con g 3%erne1511.J&DI5 NY&RB1stglis 1927MkS -Dee 1924 J&D 05.80% Eq flan 1920 North Shore Branch— 90 71% Men Div let 4s g 1951 J&D lot con 5s g Oct 1 1932 Q-J Kankakee & 8 W Si '21_F&A Louisiana & Arkansas Ry— 87% M&S Alton & Ter Haute— 1027 St Louis lot s f g Si Bellev&Car 1st Si '23_1&D Louisiana Western—See South ern Pac St L South let g Li'31M&S bouley Cin & Ifix—See Loulsv& Naohy 72% CerbetShaw 1st g 01'32MM Louisville Henderson & St I, 95 End III & Wn—See C CC & St L 1st inert gold Si 1941____J&J Louisville & Jeffersonv Bridge— Indiana Ill dr Ia—See Chic Tnd & Sou 68% Ch Ind & L M&S hid & LOWRY—See Guaranteed gold 4s 1945_ Ind St L—See C C C & flt L— b Basis. f This price includes accrued interest. I Last sale. Ask. Bonds. Bid. Ask. Louisville & Nashville— 90 112% Gen inert gold fls 1030.. _J&D 108 105 97 -year gold Si 1937___M&N 50 85% 843,j, __ _J&J Unified gold 4s 95% 100 1940_ Coll tr gold Si 1931____M&N Equip Si Dec '19-1923_ _J&D b 5.75 5.30% 96'% 79 78% -_M&N At K & Cin div 4s 1955 50 95% Atl Knox & Nor lit 58'45J&D Consol gold 4s 2002_ M&S 95% 92 Lou C & Lax 4%s g '31_ Mdt N 78 107% N 0 & Mob 1st g Si 1930_J&J 102 98 2d gold fis 1930 J&J 84 78 Pad&Memdivlst 4s '48_ P&A 99 Pensacola Div lit Si'20M&8 St Louis Div lit g Se '2L M&8 100 90 55% 57 M&S 2d 3s 1980 S E & St L div Si 192L M&S 100 E H & N lit 53 1919J&D 100% 87 Henderson Br Is g 1931_ M&S 101% 113 83 79 Kent.Central-4s g 1987_J&J 92% 101 Lax & East lit As 1965_ _A&O 9631 85% N Mob& Mont4%Pr'45 MteS Louisv & Nash,. South'n joint 85 80 68 J&J gold 4s 1952 67 L&N Term 1st g 48'52 gn J&D 74% 99 97 Nes F & S lit ru g 5s '37_ F&A 103% Newport & Cincin Bridge— 95 85 lit M g 4%s 1945 guar_J&J Perna Atl lat flo gu '21 Far A 101% 102 70 106 96 S Jo N Ala Con M g Se '30 F,Sr A 74 91% 102% Gen con gel g 58 1963 A&O 80 75 Macon Dub & Say Si 1947 J&J 89 85 Macon Terminal Si 1965.. J&J Mahoning Cool—See L 8 & M 07 Maine Central-Coll It Si'93J&D 87% lit & ref 43-4i 1935 _J&D 25 80 Eur dr N A Is gold l933.J&J 80 Hereford Ry—G Is '30_ M&N 95 Knox& LincPenSL43'20 F&A 75 Upper Coos lit gu 4s '30 PA&N 78 UpperCoosEx4%s g '30 M&N Washington Co Ry lit g gu 65 60 3%s Jan 1954 op 1924_ J&J 87 Manila RR—See Foreign Gov't p. 49 78% Manitoba & S E—See Cauodiae Northe rn. 100 92 Mani Houghton& Ont6s 25 A&O ' 97 1003( Md Del & V* tis 1955 gu___P&A 61 55 & Pa lit g 4s 1951__M&5 Meryl 20 12 Income 4s 1951 A&O 24 Mason City & Ft Dodge— 49 lit M gold 4s 1953 J&D Memphis Union Station Co— 99 94 lin g gu 53 Nov 1 '59.. _M&N Merchants' Br—See Term RR 89% 67 Meridian Term 4-8'53 guar M&N 85 Mexican International— 85 20 Prior lien g 4%9 1947.. .._M&S 40 25 lit con gold 4s 1977_ _M&S Stamped guar op to Mar '07 40 Mexican North let Is 1930_J&D Mich Cent—See N VC& HE 100 Middlesex Valley—See Leh Val 100 Midland of N J—See Erie 83 88 Midland Term Si 1925 ....J&D 78 85 Midland Valley-5s 1943....A&O 102 M Apr 1 '53 Ser A_Sept f 28 Adj f 15 Series B 90 65 Milieu dr Southw—as 1935A&0 &VIM& West—See Chic & N W 103 96% Milw & No—See Chic Mil 4rStP Milw & Sparta &N W—See Chic & N W 97 Minernic—See M St P & S 8 &I 81 -1st 7s 1927 J&D 101% Minn & St L 92 97% 101 Pacific Ext lot Ele 1921__A4O 5A% 83% 78% 1st consol gold as 1934 _ _ M& N 10131 45% 46 let ref'g gold ts 1949_ M&S 100 40 50 Ref&ext 5iFeb'82 Set A _Q-F 55 Des MolleFtD lit Is,'35_J&J 45 82% 76% Iowa Cent lit g Sue 1938..14D lit dr ref g to ISSL_MJoS 45 43A _ Minn St P & Sault Ste Marie 102 87% 1st cons gold 43 1938____J&J 86% lit cons gold Ss 1938_ _J&J 98 2d M gold Is guar 1949_ _J&J 65 75 Eqg notes 43 Dec'19-'22J&D b 5.90 5.45% -is 92 95 M 8 Ste M & All lit 48'28 J&J 90% 102% Minn & Pac lit Is 1938_ _J&J 90 MatP&SSM&CentTerra Ry — 100 lotChiTer ef41'4lop'16 Mar N' 88 Minneapolis Term—See Win Ce at 91 Minneapolis Uelou—See St P M & M Mississippi Cent g Si 1949_J&J 90 Miss River dr Bonne Terre— lit i f g As 1931 op 90 94 A&O Missouri Kansas * Texas— lit gold 4s 1990 05% J&D 1 64% 31% 2d gold 4s Irma 1 1990 F&A 30 70 30 37% Union Tr Co ctfs dap 79 let Extension ISs 1944__M&N I 28% 32 823( _ 1st & ref 4s gold 2004._ _M&S 1 41 43N, Guaranty Tnist etre dep_ 47A 20 32% Gen Msf g 4%s 1938_ _J&J N Y Tr Co ctfs of der; 23% 32 81 98 I Consol M g Si 1940 A&O 1 0% notes '18 Cent Tr etthirklg 37% Eq g 5s June 1919-23__ _J&D b 7% 6% 80A 30 St Louis div g Li 2001__A&O 77 Boonville RR Bridge 50 1st g gu it Li 1951_ M&N Dal&Waco lit gu 36'40 M&N f 60 Kan C et Pee let 4s g1990F&A 58 Mo Kan & ES. 1942 gm_ A&O 62 Missouri Kansas & 0klalit g gu Si May 1 '42_ hihN f 70 75 98 70 U 8 Mtg&Tr Co ctts dap 72 MK&TofT lit Si gu '42 M&S 51 59 Sherman Shreveport & 8lit M gn gold Se 1943..J&D 65 93% 8 W Coal & Imp lit 6s'29 J&J 30 45 Texas & Okla—Ss 1943_MisS I 3031 • 30% Mo Okla & Gulf RR 55 '01 M&N Mo Pacific RR (uow company) 98 lit k ref 51 Jan 1923____7&A 92% 95 lit & ref Si July 1026____F&A 90 89% let & ref 5s Jan 11183---F&A 87 60% Gen M Is Mar 1975_ __ M&S 60% 98% Mo Pac—Cons Si 1920___M&N 99% 1 / In London. n Nominal. s Sale price. 36 GENERAL QUOTATIONS [VOL. 108. NOTICE. -All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. I Ask. r Issourl Pacific-(Concluded) N Y Cent & Hud 11.1Y-(Cond) Ohio Connect'g let g 4s'43 M&S 8331 Eq tie May'19-Nov '21.M&N b 7% 6% Mob ar Mal 48 1991____M&S 76% Ohio I & W-See C C C & St L Gold 4s Marl 1945 opt _ _ M&S Consol g 3s 2002_M&S Ohio River-See Balt & Ohio ad 7s ext. to July 1938 at N I June 1st 4s gu '88___F&A 68% Old Colony-48 gold 1924_ F&A 93 4% M&N 82% NY&Har 1st g 3%s2000M&N 75 4s Dec 1925 Jac D 90 92% )oonv StLdcblou 56'51 op F&A I N Y & Nor 1st g 5s'27...A&0 97% 48 Jan 1938 J&J 83 Cent Br UnPaclst g48'48J&D 8531 63 84% N Y & Put 1st 4s g 1993_A&O 78 33.0 July 1 1932 J&J 80 83% Pee of Pilo let ex g 4s '38._F&A 80% Pine Creek gu 6s 1932__J&D 103% Oregon & California-See SoPac 2d ext 5s gold 1938____J&J 86 Pitts & L Erie 6s 1928_ J&J 103 109 Oregon-Washington RR & Nay St L It E 1st Ifs 1038.. M&N 90 97 159 Jan 1 1928 A&O 91 1st & ref g gu 48 '61 opt J&J 77% 78 Car'deletBrlst4Ms'38 A&O 80 Pitts McK & Y 1st Os '32 J&J 103 Ore RR & Nay cons 48'48J&D 84% fit Louis Iron Mtn & Seu86 2d Gs guar 1934 J&J 1023.( Oregon Short Line-See Un Pan Unify & Ref'g g 4s '29_J&J 80M 81 RW&O con 5s July '22....A&O 98% Oswago&Syracuse-See D L & W Gen con ry & 1 g 3s'31 A&O 96% 98 RW&O cons g 3%s '22_A&O Pacific Coast Co-See Misc Bde Gen Con stpd gu gas'31Ak0 Utica & B Riv 4s g 1922_J&J 943' Padnesk & Illinois Eq Is May'19-Nov'21M4IN b8.80% 6% West Trans Co 3%s '23_F&A 81 1st f g 4%e 1935 gu J&J 95 Riv & Gulf Div 40'33 M&N 74% 75 West Shore let 4s 2881___J&J 79 80 Pan American 1st 5s '34 op .1AcJ 25 50 Pine Bluff & W /Is'23_A&C) 89 94 N Y C & StL let g 48137__Adz0 80 82% Pennsylvania RR Void Val I&W Ist58'26Aik9 88% Deb 4s May 1 1931_ M&N 70 75 Con M 5s g 1919 99% 100 M&S Mobile & Birna-See Southern R y N Y Connecting RRdo 4s gold 1943 89 M&N ktobile & 0 -let g (is 1927_J&D 1039/i 1st M 4%s 1953 83 F&A 85 do 45 gold 1948_ M&N 83 1st exten (is July 1927___Q-J 95' N Y & Gr'wood Lake-See Erie do 45 gold 1948 sterling Oen g 4 1938 M&S 70 80 N Y & Harlens-See N Y C & Hud It stamped dollar bonds 86 88% Eq fie 1919 Var b 6.15 5.70% N Y & Jersey-See Hud k Man do 43s g 1960 95 F&A 05% Eq 150 May'l9-Nov'23_M&N b 6.15 5.70 N V Lack & West -See Del Lac Gen g 4%s 1965 88% J&D 38% Eq 4%s Mar'19-Sep'22M418 b 6.15 5.70% NY L E & W C RR-See Erie. k & W est Geng 5s Dec 1'68 tern ctfsM&S 96% Montgem Div g 58 1947..F&A 9634 85 NY & L Br-See Cent of NJ. Con M 8As g E 1945 __JAM 80 84 St Louis Div 55 1927 __-J&D 84 87 N Y New Haven & Hartford COI tr 4s Ph W & B 1921_J&J 95 96% St L & C 48 guar 1931___J&J 77 85 Deb 88Jan lb '43 cony J&J 15 86% 87% RE pun mon lot g 4s '23 M&N 95% Hoh'IckMalone--See N Y Cifell Deb 4s July1'55 non-cony J&J 54 55 Gen ft eq 4s May'lOto'20 Q-F 5.85 5.25 Ylonongahela Sou Bs 1955 A&O 85 Deb 4$ 1956 non-cony.. M&N 54 59 Gen ft eq 48 Jne'19-'22_Q-M 5.65 5.25 ktont Cent-See St P M & M Deb 4s 1947 non-conv_M&S 54 60 Gen ft eq 4%a Apr'19-'23_Q-J 5.65 3.26 Iforgan's La & Tex-See So Pac Deb 4a Apr 1 1922 A&O Aleg Val gen 4s 1042.___M&S 84% 88 Aorris & Essex-See D L k W Deb 3%s Mck 1947 M&5 51 -Bait Chas dz At lstg5s'34 M&S 40 50 Idutnal Term of Bat 4s 1924J&J 97 Deb 3s 1954 non-cony A&O 50% 54 Belvidere Del gu 4s 1027.F&A 87 4/m111'011e Chattanooga & S LDeb 33s 1958 conv____J&J 51 54 1st g gu 3%s 76% __ _J&J let consol gold 150 1928._A&O 100 Bos&NYAL 1st 4s g'55_F&A On Leh & Nor 49 1942_M&N 194380% 87% Centreville Big 8s 1923__J&J 100 104 Cent New Eng 4s 1061._J&J 553 623 Clev&Marietta-4%s'35 M Li N 87% Jasper Br 1st fis 1923.____J&J 100% 1043i, Dutchess Co 4%s '40...I&D 76 Cleveland & Pittsburghgash Flor & Sheff-See L & N Danb & Norwalk 411 '35 _J&D 75% SerA4%egengtd 1942__J&J 05% gattonal Rys of MexicoCon Bs July 1 1920...... _J&J 97 SerB4Ms gen gtd 1942_A&O 91 Fr Hen g 43.4s 8 f 1957____J&J 30% Gen 158 Apr 1 1923_ A&O 95 Int red to 3A% 80% Jan. 1914 coupon on 29% Harl Riv & Portch 4s'54 M&N 74% Ser C 3%s gen gtd '48M&N 83 Gen M 4s 1977 A&O 38 Housatonic con Si 1937_M&N 90 Ser D 331s gen gtd '50F&A 83 April 1914 coupon on Naugatuck 1st 4s '54__M&N 95 D RAT ItIt&B gu g 4s 38 F&A 80% 5% X Laotian June 1915.....J&D 30 New Eng cons 4s '43 gu _J&J 70% _ Erie & Pittsburgh Trst RR ef Mex p 1 g 4As'26J&J 30 Consol g Bs July 1 '45__J&J 90M 98 Gen gu g 331s SerB '40_J&J 76% January 1914 coupon on.. NY&NEllosTer4s '39 A&O 80 Series C 1940 76% J&J let cons g 45 1951 A&O 21 N Hay k North 4s '136 guJ&D Gr R & Ind Ext 431s '41.J&J 89 April 1914 coupon on 21 N Y Prow & floe 4s'42__A&0 80 Muskegon Div g 68 126..J&J 89 April 1914 coupon off 40 N Y Westchester k I3os RyHolidaysb Bedford & Cumb gebraska-See C B & Q 1st M g 4%. 1941 gu__Jfk3 50M 52% let M g 45 1951 guar...LicJ 84 87 gew Eng RR-See NYNHkH Prov Sec deb 4s 1937 gu liel&N 48 Pennsylvania Company lew Hay & No-See NYNH&H Prov Ter 1st g 4s gu '58_ MdcS 693 1st M g 4315 1921____J&J 97% 97% '1 J Junction-See N Y Central N Y & Nor-See N Y Central & Hud River Col tr 4%s.rne 15'21J&DIL 96% 97% !Tow Jer k New York-See Brie New York Ontario & WesternGu g 4s 1931 op 1921.,A&O 84% 01% k.Tew Lou Nor let 45 '40____J*J 75 Ref 1st g 40 June 1992.. _M&S 70 69 Gu tr etre g 4s 1932.._M&N 86 +low Mex Ry&C'I-See El Paso & Sout hwest Gen M g 4s 1955 red____J&D 50% 65 Gu tr etre g 331s 1937_M&S 76% gew Or! Gt Nor 1s115319511F&A 51 55 Eq 4e Mar '19-Mch'28 hilkil b6.20 5.75% On tr etre g 331s 1941_ F&A 76% 80 gew Orleans & North B es 1915 NYPhila&Nor-lst g 4e'39 J&J 90 86 On tr etre g 3r42__J&D 75% Extended at 5% 1940__M&N 97 Income 46 Jan 1 1939_ __M&N 84 88 On tr ctfs g 3 s '44__J&D 75 38 !«ewOrleansTerm 1st 48113_J&J 66% 68 N Y Prov & Bost -See N Y N H & Ha rt Pith'C C & St gew Orleans Texas & MexicoN Y & Putnam-See N Y Cent & Hud River Con a gu 431sSerA '40A&O 92 94% let g es Oct 1928 Ser A__J&D 96% 97 N Y di Rockaway Beach-See Le e.g Isle. lid do Ser B 1942 _A&O 92 96% Non-cure Inc 58 Oct'33 Ser A..1 55 58 N Y Susq di W-See Erie do Ser C 1942 _M&N 90% 99 gewport & MI Bdge-See Louis vine & Nashv N Y Westc & Bos-See N Y N H&H do 90% Ser I 1063__F&A gewp & Rich-See Conn & Pass Nodaway Val-See KCSUALCB do 431s Ser J '84 M&N 91 g Y B & M Bch-See Long Is! Nonf & Caro-See MI Coast L do 4s Ser D '45__M&N 88% 93 g Y Bay Ext RR-See Long Iel Norfolk Southerndo 4s Ser F 1953_J&D 88% 93 t/ew York Central R. It.1st & ref g Bs '81 op '15....F&A 89 893/i do 4s Ser 0 1937_M&N 88% 90 Cony. deb. Os 1935 ____M&N 99% 993 Norf di Sou 1st 5s 1941__M&N 873' do 4s Set H 1980..F&A 8831 90 Con M 4s 1998, Ser A__F&A 75 76 1st gen g 15s 1934 opt__J&J 68 do nis Ser 13 '49..F&A 8731 ReIV York Cent & Hud RiverRal & Cape F 1st 5s '43 MATO 75 CStL&Pitte 1st 8s g'32 A&O 102 104% Ref'g g 3%ii July 1 1097_ _J&J 713 72 Rai & Southp con 5s'85_J&D 75 Pitt. Va & Char gu 44'43M&N 87 Deb g 4e1034tax-examptM&N 84 85 Suffolk & Car con /58 '52_ _Jard 68 Sodas Day & Sou g 5s'24_J&J 80 90 Deb 4s 1942 tax-exempt_J&J 77% Norfolk Ter 1st gu 45'61__M&N 70 Sun & Lew let g 4s 1936_J&J 80 Ref & imp 43s 2013 op A&O 84 843 Norf & Weet gen Os 1931__M&N 109 109% Tol Walh Valley & Ohio 5% notes 1919 99% Imp & exten 68 1934____FkA 106 993' 1st g gu 431s 1931 Set AJ&J 88% 95 NYC Lines eq 55'19-'22 M&N b5.90% 5.40170 New River 1st es 1032__Ak0 107 let g gu 431s'33 Ser B_J&.I 88% 95 NYC Lines eq 43ii'19-'25J&Jib5.90% 5.40% N&WRy lot cons 4s '98_A&O 84% 85 let g gu 45 1942 Ser C_M&S NYC Lines eq 43e'19-'27J&JI b5.90°/ 5.40% 7831 Div let lien di gen g 4s July 1 Penn & N Y Canal-klee Leh V NYCL1neseq4%8'19-'28-1&J b5.90 5.40% 1044 opt Jan 1 1929___J&J 85 797 Pennsylvania di Northwestern Boo & Alb eq 4%0'19-'27 A&O b5.90% 5.40% Conv g 4s1032 op 1917_J&D Gen tis Jan 1 1930 99% 100 J&J L S Col tr g 314e 1998......F&A 62M 69 Cony deb 4%s 1938 ____M&S 104 ClearlieldkJeff 1st Os '27_J&J 100 M C col tr g 3s 1998....F&A 60 Cony Gs Sept 1929 wh iss _ 1063/i Pensacola de Atl-See Lou & N iteech Cr-let 4s g gu '38 J&J 813 N&W Pocahontas 4s '41..J&D 86 9,6 Peoria & Eastern-See Cloy 2d guar g fie 1936 J&J 87% Eq tr 43s 1919.1924 __V&A b 5.70 5.25% Peoria & N W-See Chic 4. Cin Chic & St L NW Clf Bit C Co let g 4s'40J&J ColCon&Ter 1st 5s g '22_J&J 97%, Peoria fly Term-See Ch R I & Pac Beech Creek Ext 3%e'51_A&O SctotoVal&NE ist4s'89 M&N 80 81 Pea & Pekin Un 1st Os '21_Q-1 Cart & Adir 1st 4s g'81__J&D 100 1 75% North & South Caro-See Caro At! & West 2d wort g 431e Feb 1 '21 MAN May & Oew 1st 5s g '42J&D 00 90% Northeast Penn 15s 1920 __Adc0 92 100 Pere Marquette (New Co) Lake Shore & Mich South--N'east of SC-SeeAt1C L of S C 1st g Ss July '66 Bar A_-_J&J 85% 86% Con g ref 33s 1997__J&D 72 75% Northern Cal fly-See So Pac 1st g 45 July '58 Set B ___J&J 69% Deb g 4s 1928 M&S 893( 89% Northern Central Perkiomen _ 1st 58'18 ext to'38Q-J 98 Gold 4s 1031 95 M&N 88 883' Con gen M 43s E 1025_A&O 90 2e1 Bs 1918 ext to '38___ _Q-J 95 98 CleveShortLine4W61A&O 87% 94% Mort bds tie 1928 Ser A_ Aga 100 Petersburg-See All Coast K A & Gr R 1st 58'38__J&J 91% Mort bonds as 1928 Ser B J&J 100 Phila & Bait Cent 4s 1951 _M&N 82 86 Kal&W Pig'n g Be '40_ _J&J 99 Northern Ohio-See L E & West Phila Ball & Wash 4s'43_M&N 87% Mahon C RR let 5s'34__J&J 95 Northern Pacific Philadelphia & Erie Merchants' Dfsp Trans CoPrior lien g 4s Jan 1097___Q-J 84 834 Gen (now let) gu Os g'20_J&J 100 Eq trust 4%s 1919-26...J&J nb 7.50 7% Gen lien g as Jan 2047___Q-F 59% Gen g 68 July 1 1020........A&O 603/i 97% Michigan Central99 Ref & Imp 4%s 2047SerA.J&J 90 863s Gen g 45 July 1 1920._ _A&O 06 5s cou '31 D&BC div_M&S 98 95% St P & D Div g 4s 1998__J&D 75% 86 Phila Harrisburg & PittsburghDeb g 4s 1929 A&C) 83 833 Wash Cent 4s Mch 1948_Q-M 88% 85 1st mort gold 5s 1925.. A&O 98 Equip se Apr '19-'31 A&O b 5.90 5.45% C B & Q Coll 4s -See Git Nor Phila Newt & N Y 3s'42__A&O 1st 68 Kat& SR 1939_M&N 69 73 St Paul & Dul lot 5s '31_F&A 97 Phila & Road-See Reading Co 1st mtge M Air L 4s'40 J&J 81 lot consol g 4s 1988.. _J&D 763 Phila Wilmington & Baltlet g 4sJol&NInd'57 J&J10 Dul Union Dep 5s'30_A&0 Debenture 4s 1922 95 M&N let g 3%s JL&Sag '51 M&S 97 703 St Paul & N Pac es g '23 F&A 103 107 Debenture g 4s 1926.... _..J&J 88 let g 33s 1952 90 M&N 70 yi, Reg cents Gs 1923 Q-F 101% Debenture g 4s 1032____A&O 90 BayC&BC1stM g38'89J&D 92 No Pac Ter Co -let (Is '33_J&J 10711 107% Col tr ctfs 1921-lee Penns RR Bat C&S 1st gu g38'89 J&D 54 ___ North Ry of Cal-See Sou Pac Philippine Railway Det It nin 438'61gu M&N 83% North Pac Coast-See No Shore 813-i let 4s 1937 s f op gu ____J&J 42 Grand Riv Val 4e '59_ M&S 49 North Pennsylvania Pine B1 & W-See St L I ,M4cSo To!Can Sou & D 48'58_ J&J n 75 lot M 48 extended 1938_M&N 88 90 Pine Creek-See N Y Cent & H ad Riv Gen g 3 3-10e 1953 J&J 77 80 Pitts Bessemer & Lake ErieNorthw Term g 35 1928 gu_J&J 30 !& L B let g 5s 1940_A&O S 95% Norwich & Wor-4s 1927.. M&S 88 Cons 1st g 5s July 1 '43J&J 93% Ogd'bu & L Cham-See Rutland PB&LE con g Sc 1947_J&J 90 Deb g 158 1919 J&D 97 Pitts Char & Youghiogheny Gen mort gtd 45 1932.....A&0 80 Pats Cin Chic & St L -Bee Penn RR Pitts Cleve & Tol-See B & 0 I, rests. f This price includes accrued Interest. k Last sale. 1 In London. n Nominal. s Sale price. t Tax-exempt. FEB., 1919.] RAILROAD BONDS 37 defaulted bonds. NOTICE.—All bond prices are "and interest" except where marked "f" and income and Bid. Bond Bid. Ask. Bonds. Ask. Bid. Southern Rallway—(Con.)St Paul Minn Jr Manit (Cenci) B &0 Pittsburg Junction—See 70 40 Aug South g Os 1924__ _ _J& D Minn Union let 68 1922_..J&J 1013j Pitts & Lake Erie—See N Y Cent dr find River 99% 96 ETVadcGa—Div g 5s130_J&J 94 Jdr.1 lot 56 July 1922 Pitts AUK &Yough—See N Y C 95% 93l Camel let grit; 1956__MAN 110 Meat Can 1st gd es '37_J&J 10 PlItiffihaw&N—let g 58'49 F&A f 5 , 523 Ga Mid 1st g 3s 1946_ Adr0 2 let guar gold 5e 1937....J&J FAA I Gold 4s Feb 1 1952 Ga Pac let g Is 1922.. _JAJ 100% 100 Wil Jr S F 1st 59 g 1938_J&D 85 6% receivers' Ws 1918_-M&S Knexv Jr 0 lit g Os 1925_J&J 1009 St P Jr N Pac—See No Pac Pittsburgh & Shawmut— L Jr N So joint g 4s—See LAN St P Jr S C—See C St P M Jr 0 65 lit e f gold 5s 1959 opt__JAD 864 95 Mob Jr Birm pr lien 5s'45 J&J St Paul Union Depot Co 5%% Pitts Shen&LE—SeePBess&L E 65 723'4 J&J Gen M g 4e 1945 99 993 guar notes Dec15 '23_J&D15 Pitteb Term RR & Coal 74% 66 tr 48'38_ HAS Mobile &0coll Salt Lake City Un Dep Jr RR— 95 J&J 1st g gu s f 5s 1942 92% 102 RichdrDanDeb5setpd27_A&O 90 82% M&N let 11 Os 1938 90 WestSideBelt let g iSs'37MAS Richmond Jr Mecklenburg— San Ant Jr Aran Pass—SeeSoPac ?Ms Va & Chas—See Penn RR 75 lit g 4s Nov 1 1948__MAN _____ San Fr Jr 8 Jo Val—See AT&EIF PRO dr Western—See B & 0 99 Se Car Jr Ga let g Os '19 MAN San Fran Term—See Sou Pacific Pittsb Youngst de Ashtabula— 90 Sumter&WatR5s g'19A&O Jr Ph—See Atch Top Jr 8 Fe Santa Fe Pres 95% MAN Consol 5s 1927 97A Va Mid Series D 4-5e'21_MAS 88 Sault Ste Marie Bridge— 85 3 let gen 4s Ser A 1948___JAD 99% MAS Series E fkg 1926 80 let id s f g Sc July 1 1937_J&J • Portland & Ogdensburg— 91% M&S Series F Is 1931 Say Fla&W—See All Coast Line 91% MAN 1st M 4%e 1928 guar 98 96 MAN Gang Its 1936 75 Sav&States--let g gu 5s'53 idr.1 88 Port & R Falls—let g4e'26 MAN do guar stamped MAN 86 Schenectady Jr DuanesburgDebenture 48 Aug 1927_ _Fdr A 92 88 Wash O&W 1st gu 46'24 FAA 92 NUS lit guar es 1924 82Y3 Porn (Me) Term gu 4e '61_J&J S Jr N Ala—See Louis Jr Nashv Schuylkill River E S—See B Jr 0 Port Reading—let gu Se'41.J&J South Pac Coast—See Southern Pacific E—See Nor Jr W Scioto Val Jr N Ports Gt F & Con—SeeBoac Me 71( 75% SpartanU&Col—See Aeliv&Spar Snub Air L—let g 4s 1950_A&0 97 Potomac Val—let gu 5s g'41J&J 73% Spokane Falls Jr Northern 70% Stamped Princeton & Northw—See Chic A N W 96 Jeri let Cis g 1939 53 50 Adjust M 5e, Oct 1 '49.__F&A Prey Sec Co.—See NYNELIcH 58% Spokane International 563% Adr0 Ref g 4s 1959 opt.. Providence Terni—SeeNYNHA II 82 75 J&J lit g 5s 1955 86 83 1st & con 6s 1945 Ser A_M&S 78 Prey A Worc—let 4s 1947_A&O 92 85 Eq4J4sJuly'19-July'22J&J15 b 6.40 5.90% State L Jr Sulliv 43%s '29.... _J&J Raleigh Jr Augusta—See Seaboard Air Line Belt Jr Ohio Eq g Ssiuly'19-Doc'19 J& D15 b 6.40 5.90% Staten led Ry—See Ral&CapeFear—See Nor South. FAA'S b 6.40 5.90% Stephenv N Jr S Tex—See St L S W Eq g Ss Aug'19-Aug'23 Raleigh Jr Gas—See Scab Air L Self Jr Carolina—See Nod Jr So Atlanta-Birmingham Divis— Ral Jr Southp—See Nor South'n 76 Sumter Jr Water R—SeeSC&Ga 74 lst g 4s May 1 1933__MAS Raleigh dr S W—See Chesapeake & Ohi o 80 Sunbury Hazleton Jr W B— 77 Car Cant 1st g gu 48'49_ _J&J Raritan River—let g 88'39—Ma 95 MAN lit Os May 1 1928 Florida Cent Jr Peninsula c Ravenew Spew Jr Glen—See Bait & Oh io 98 2d snort inc Os '38 coup..MAN 1st g 5s 1918 ext to 1923 Reading Company— Sunbury Jr Low—See Penn RR 100 86% at 6% J&J 863 Gen g 4s Jan 1 1997 Superior Short Line—See Ch St P M Jr On 93 let 1g ext 5s gold '30 M 88 ler Cen g 48 '51 op '06.._A&O 90 95 Tampa Jr Jacksonville 1st con 5e gold 1943 J&J 99A 99 Atlantic City as 1919___M&N Adc0 lit Id Os 1949 95 So Bound let g 5e '41_ A&O 70 1st cons g gu 48 1951__J&J 70 69 96 Tampa North lit Os 1936 opJ&J 95 Georgia Jr Ala Os Oct '45_J&J 85 WeeN s tr cite 48 red 105.Q-M Tarkio Valley—See K C St J Jr Council Bluffs 90 GadrAlcTorm let g 58'48 JAD 101Phila & 11-2d 5eg 1933_A&O Term RR Alum (St Louis) 933% Ga Car Jr N—let 59 g'29_J&J 90 87 Imp M ext g 4e 1947_ Adr0 95 91 Adr0 lit gold 43%s 1939 . ItallidcAug'eta—let 68'26.140 102 90 87 Cons ext gold 4s 1937_M&S 99 1st consol gold Os 1944 ..FAA 9.5 Ral'h&Gast'n—lst g56'47J&J 105 103 Term 555 gu May 1 '41 Q-F 77 75 Gen ref if g 4s'53 op'10_J&J 05% Seabirlteanoke— let5e'26J&J Del 11 Ter pm g 5s'42MAN 100 St L Br lit g Ti 1929....__A&O 1063% l093 90 Seacoast EtR of N S 5s'48_A&O Ex p mon g 5s 1942_JAd 100 9031 _ 943% StL ifer Bdge T-58'30 A&O 90 90 100 Seattle Term 6s 1919-1930 96 Wiles & No 1st da '27_JAD Mor Bdge 61'29 op '09 "IAA Illebast & Moose& let 551'28_MAS Gen g 5s Aug 1 1932..Q-F 90 85 Terre Haute Jr Ind Os 1925_J&J Shamokin Sunb'y Jr Lewisb',gPhilo de Read Coal dr Iron— Terre Haute Jr Peoria— 2d Os g July 1 1925 J&J 100 87 Col 81 g 4s ext'32 guPAA 85 let con g Os Sept 1 '42__MAS Sherman Shrov Jr Sou—See Mo Kan A Tex RCA dc Saratoga—See Del & El 80 Shreve Erdg Jr Ter—See St Loul 8 South western Texas Central—lst Si 1923A&O Riohm & Danv—See Southern Ry Texas Jr New On—See So Pac Sierra Sty of Cal Rich Fredericksb dr Potomac— Texas Jr Okla—See IC K Jr T 693% istet as, g.Apr 12'37 _AA0i2 96 90 Cons ridge 4%e 1940......A&O 904 903% Texas Jr Pac lit Os 2000___JAD Sioux C Jr Pac—See Chic Jr N W Rich & Meeklenburg—SeeSoRy , 2d Inc g 5e Dec 2000____Mar I 46 Sedus Bay Jr Son—See Penn RR Rich dc Peters—See Atl Coast L 93 Lou Div lit g 5s 1931_ ..J&J Somerset Ry let Jr ref 48'55_J&J Richmond-Washington Co— Weatherf'd Min W Jr North South Bound—See Seaboard AL 72 Col tr g gu 4s 1943 opt_ _JAD 66 FAA let gm g as 1930 So Cat Jr Ga—See Southern Ry RI. Gr June—See Deny dr Rio Grande Toledo Can Sou Jr Del—See Mic li Cent Sou Indiana—See Ch Terre Hsu te A 8 E Rio Grande So—See Den & Rio Grande Toledo Jr Ohio Central Southern Pacific Co— Rio Grande West—See Deny & Rio Gr nude 99 92111 J&J let 5s g 1935 77 76 Coll tr 43(CP) Aug 1 '49..r&D Roch Jr Pitts—See Buff R & P 923% 87 1st Si g 1935__Adr0 West Div 8378 833% Cony g 4s Jne l'29op'14_MAS 92 84 RockIsl-Frisco Term-58'27J&J 74 84 JAD Cony gOs 1934JAD 1013% 1013% Gen g 5s 1935 1919-'20_ _J&J b 6.16 9.75% dock Isl Ark & La--Soe CR I& Pac Eq 454s 1919-Sept 1923_M&S b 5.75 5.30% Car tr 4s Ser B Rock1s1 Jr Peoria—See C R I &P 79 683% Kane Jr Mich lit 4s 1990 Ada) Car tr 1%8 '19-Mar'23_M&8 5 5.75 5.30° Rome W Jr Og—See N YCdc 11 91% 90% 2d II g 5s 1927 95J&J Aust Jr Nor let 5s g '41_ _J&J 75 Rutland—Con 4%s 1941......J&J Eq 4%1 July'19-Jly '22 J&J 1 6.20 5.75 Central Pacific 70 Benn&Rut 43.ls g 1927_MAN Eq 4%s July'19-Xly '24 J&J b 6.20 5.75% 81 803% 1st refdg Is g g'd '49..F&A Ogd&LCh 1st g gu 4s '48_Jdzj 61% 57 773% St Mary's Div 4s g 1951_ FAA 75 let g gu 4s0ct 1 1954_ A&O 67 Rutl Can 1st g gu 4s '49...Jda Toledo Peoria Jr Western— 863% M 33511 gg'd Aug 1'29_J&D 853% Equip tr 43.s 1923-27__MAN b f 36 J&J lit g 4s Jaly 1 1917 Galveston Harriet) dr SanAn— Sag Tusc dr Hur—SeePere Marq Toledo St L & Western 913% 101 Mex&P Div let 58'31_ M&N St Clair Mad Jr St Louis Belt— 76 833% Pr lion g 3%e July 1 '25....J&J 97 2d LI Se 1931 gu____J&J 65 Alton Bridge let g 4s '51_J&J 49% AA° te let g its Apr 1 1930 Gila Val Globe Jr Northern 90 St Clair Term 1st Se 1932_FAA 32 F&A ____ Col tr g 43 Ser A 1917 102 94 ist g 5s Nov 1 1924__MAN • St Johns & L Cham—Se'44 MAS 30 Union Tr ctf den 70 Houston East Jr West Texas— St J & Or Isi—let g 4s '47_Mel 78 78 ga_MAN 993% Tot Term lat43%s 1957 91% 82% let Sc g May 1 1933_ _ M&N BS Law, Jr Adiron let 513'96_J&J Tol Walh Val Jr 0—See PennRR 88 let guar g 56 Mar '33_ MAN AA() 88A 2d gold Os 1996 _ Toronto Ham Jr Buffalo Houston Jr Texas Central— St Louis Al & T H—See Ill Cent TO 87 1st g 4s June 1 1946____JAD 983% 104 J&J ist I g 58 1937 • St Louis Br—SeeTerm RR An 97 Troy Jr Boston—See Fitchburg Gen gold 40 1921____A&O St L & Cairo—See Mobile & 0 100 98 Troy Jr W T Bdge 55 1939..J&D 94 1003% Waco&NWDivtis g'30M&N St L Iron Mt dc Sou—SeeMoPac 95 91 ULeter Jr Del con Os 1928__J&D 983% La West let 6s 1921____J&J St L Mer Br Co—See Term RR 70 Adc0 let ref g 48 1952 Horgan's Louis's Jr Texas— St L Peoria & N W—See Chic & N W 97 1003% Union Pacific— J&J 1st g 6s 1920 _ St L Rocky Mt Jr P 50'55—See C & Ir C os,p.44 $8 SIP let Ry & 1 g 4s g 1947 ___JAJ a 99 North Cal Ry g Os 1929_JAD St L South—See Illinois Contra 873% 3 87 J&J Cony 4s 1927 93% .Nolty otCal Os g gu 1938 A&O St Louis-San Fr (reorganized) 80 lit Jr ref 4s June 2008__M&A 963 61 AO 983% 61% Pr 1 48 1950 Ser A Oregon dr Cal let Os 1927..J&J 84 J&J 1044 101% wil 10-yr 85 July 1928 77 76q J40 S A Jr Ar Pass g gu 4s'43..JA.1 653% 1950 Ser B Pr 1 % Ore RR Jr Nay—See Ore-Was h RR As' Nay 78 94 96 San Fran Term let 48'50 A&O Prior lien 68 1928 Ser C_ J&J I Greg Sh Line let g 68'22_ FAA 1003% 10154 Ctun adj tle July 1955_ _ _A&O 63% 64% So Pacific Br 6s 1931...... A&0 107 98 9834 let consul 5s g 1946_-_J&J I 403j 413 Southern Pacific RR Cal— Income ratge (is July l9600ct 87 8134 Ref g gu 48 '29,op'07_JAD I 96 ' let con g Os gu 1037....MA N St Louis & San Francisco— 823.4' Utah Jr Northern 103 823% J&J 102 let ref g 4s 1955 op '10_ JA.I Gen mtge g 6s 1931 913% let 7e'08 sit at 4%to'33 J&J 923% 96% 99 8o Pac Coast let g 4s '37..J&J (ken mtge gold 5$ 1931 JAJ 89 823% Consol gold Se 1926__ _J&J I Texas Jr N 0— elm Belt 1st g gu 49'22_AA0 80 80 80 8934 Union Terminal Co (Dallas) Consol gold Ss 1943.... J&J Sou West Div g 50 1947_A&O 87 I 90 73 I let g Os 1942 op 1922_ Adz& Denali 1)1v let g 4s'30..FAA St Louis Southwestern United N J RR A Canal Co 73 74 Southern Railway MAN 1st g 4s 1989 certfs 96 I 98 General gold 4e 1923___ _ FAA 95 95 57% let consol gold Os 1994_ _J&J ad g Inc 4s Nov '89 cert__J&J 92 General gold 4s 1929___ HAS 67 67 58% 59% lit consol g 4s 1932____JAD Develop Jr gee Mg 4s'56 A&O 85 993%, General gold 45 1944_ __ MAS 59 60 I 3% notes Mar 2 1919__MAS2 993% let term dc unit 5s 1952..Jdzi 73 Eq Os Ser D 1919-1923_ FAA 66.40% 6%1 Eq trg 4%.3Aug'19-Feb'21 F& A b 5.95 5.60%! Gen lst g 334e Mar 1'S1 M&S Eg tr 4%1 Ser M 1919_ _ _ J&D b 5.95 5.609 1 Upper Coos—See Maine Central acific 6% Eq5a Ser E 1919-1924__A&016.40% Union P 75 Cent Ark dr Ea 1st 58'40op.I&J Eltrg4%sApr'19-Apr'20A&O b 5.95 5.60% Utah A Northern—SeeY C A 11 675, 6 99 i Utica Jr 131 It—See N 92 E Tenn reor lien Sc 1938_ MAS Grays Pt Term g Os '47_JAD .- • - • 95 1 Utica Clint dr Bing—See Del A Hud 923/ let Mem Mr g Os 1996_ __J&J 70 Shrev Bdg&Ter Os'55 guF&A -7434 Vendetta Ra— 1951 J&J St Louis Div let g 4s 723 66 StephouvN&STex5e'4000.j&j 58 i Con g 45 1955 Ser A.. 'FAA it Paul Bridge Jr Terminal Ry._ Aiken Br 1st g 49 1998__J&J MAN 793% Ser B 1957 Atlanta Jr Charlotte Air Line — lit M (le 1929 100 95 J&J Vera Cruz Jr Pacific REI— St Paul Jr Duluth—See Nor Par 823% 1st M 4%s 1944 ser A_J&J 10 Jdr.1 97 i let g 43%s 1934 opt N% 1944 ser B___J&J let M .5e St Paul East Or Trunk—See Cele & N 77 1 Verdig Val Ind A W—See Ho Pa 74 Atl Jr Danville 1st 4,e '48_J&J St Paul Jr K C Short L—See Ch 11 I Jr Pac 96 1 Vermont Val let 4%s '40_AA0 _____ J&J 2d g 4s 1948 St Paul MErtn Jr Manitoba 1 Vicksburg Jr Meridian—See Ala Jr Vicks All Jr Yad let gu g 40'49- A&O 1St COM g 48 1933 93 J&J 883 Vicks Shreve Jr Pac— . lot corm' g (Is 1933 J&J 111 90 I P I 6E1'15 ext 5%'40___M dr N let con red to 4%s g '33_J&J 92 103A 95 i Gen Os May 1 1941___MA51 Montana ext 1st 48 '37.._J&I) 88 89 So Ry I Virginia Midland—See Pacific Ext let 48 1940J&J d 76% I Va Jr Southw 5s 2003__J&J 87% Eastern Ry of Minnesota— 80 70 i A&O I let con g 5,3 1958 81% Nor div let a 48 1948_A&O 1 Virginian Ely928 MAN 933% 1st NI g Os 1942 opt._ Bonds. II b Basis. c On basis of £4.8-18 to the .e. d On basis of $5 to the Z. f This price includes accrued int. k Last sale. 1 In London. s Sale price. 38 Bonds and Stocks. RAILROAD STOCKS Bid. , [VOL. 108. Ask. Stocks. Par. Bid. Ask. Stocks Par. Bid. Ask. 98 Chicago & North Western_ _100 95% 96 Mississippi Central 100 23 27 87% Preferred 100 131 135% Missouri Kansas & Texas_ _100 5 531 87% Chic R I & Pac corn temp ctfs_ 233% 23% Preferred 100 93% 7% pref temp ctfs 76 77 Missouri Pac Ry trust ctfs_100 233% 24 6% pref temp ctfs 63 63% Preferred trust certifs____100 52 52% 95 Chicago St Paul Minn & 0__100 75 82 Mobile & Binm pref (guar)....100 55 65 Preferred 100 105 120 Mobile & Ohio—See Smitten Ry 77 Chic Terre Haute & S E 100 Morris & Essex (guar) 50 69% 75 89 Cin Indianapolis & Western..100 n 3 8 Nashua & Lowell 100 139% 72 Preferred 100 n 7 11 Nash Chat & St Louis 100 114 120 Gino New On & Tex Pac .....100 240 Nashe & Decatur (gu L & N) 23 d 35 40 Preferred 92 100 100 National Rys of Mix let pref 100 12 Cincinnati Northern 523% 100 Second preferred 100 8 Cm n Sandusky & Cleve pref_ 50 50 60 New Orl Tex & Mex v t c 313% 3234 Clay Cin Chicago & St L___ 100 32 36 NY Blyn & Man B pref(gu)_ 100 98 105 80 Preferred 62% 100 75 New York Central RR 100 72% 73 Cley & Pitts (Guar Pa RR)._ 50 69% 72 Dividend payable in London Id Pac Betterm't stk (Gu Pa RR) 50 37 45 New York Chic A St Louls_100 28 30 Colorado & Southern 21 22 100 let preferred 60 100 66 87 let preferred 49 100 53 2d preferred 42 100 43 80 2d preferred 43 100 48 New York & Harlem (guar).. 50 d 100 583% Columbus & Xenia (Guar) 50 76 86 N Y Lack & West (guar)....100 90 100 Concord & Mont—Class E-100 77 New York New Hay & Hart_100 28% 283% 95 Class II 77 100 N Y Ontario & Western.._...100 19% 20 95 Class III 77 100 Norfolk Southern 15 100 17 Class IV 77 100 Norfolk & Western Ry 100 101 106 100 Concord & Ports (guar).___100 115 Adjust preferred 70 100 72 Conn & Passumpsle—Pf(gu) 100 80 No Carolina (Ruar So RR)_ _100 135 145 40 Conn My (guar B & M)____100 112 114 Northern Central(Ru Pa RR) 50 d 67 74 Cripple Creek Central 15 100 20 North'n N H (guar B & M)..100 90 84% Preferred 20 30 Northern Pacific Ry 100 100 90% 91% 93 Cuba RR preferred 70 100 75 Nor RR of NJ (gu Erie)_ _ 40 60 Dayton & Mich corn (guar). 50 30 40 Northern Securities Co stubs__ d 70 75 Pref (guar C H & D) 75 50 d 65 North Pennsyly (gu P & R)_ si 79 81 Delaware & Bound Br (gu).-100 150 165 Norwich & Wore pref (guar)101) 100 Delaware & Hudson 100 103 103% Ogden Mine RR(gu CeriNJ) 100 90 100 Delaware Lack & West 180 Obi Colony (Ru NYNH&H)_100 50 d 173 95 99 Delaware 42 Ontario & Quebec 25 d 38 .100 ld105 108 69 Denver & Rio Grande 4 46 4 Oswego & Syra (gu DL&W)_ 50 d 75 0 100 90 65 Preferred 6% 100 Pac Coast Co—See MIN stocks 96 Dee Moines & Fort Dodge....100 1 2 Pennsylvania Railroad 50 dx 443% 44% 90 Preferred 20 30 Peoria & Bureau Val (guar) 100 100 100 130 98% Detroit Hills es S W (guar)._ 100 65 73 Peoria A Eastern 100 5% Detroit as Mackinac 100 85 Pere Marquette temp v t c_ _100 1234 13 Preferred 75 100 Pref temp vot tr ctfs 40 100 44 Detroit Toledo & Ironton_ _100 25c. 1 Prior pref temp•t c 55 100 60 70 Preferred 25c. 1 100 Phila Germ & Norris (guar). 50 d 105 115 40 Duluth South Shore & At!.. 100 Phila & Trent (Ru Pa RIO_ _100 180 200 Preferred 100 4% 7 Pittsburgh Bess h Lake Erie 50 d 23 27 East Penne (guar P & R) 52 50 55 Preferred 55 50 d 45 Elmira & W'msport (guar)... 50 40 45 Pittsb Cin Chic & St Louts_ ..100 45% 50 Pref (guar Nor Cent)...._ 50 60 65 Pittsb Ft Vir & Chic rig (gu)_100 132 138 30 Erie—Common 15% 100 16 Special (guar Pa RR)____100 120 130 let pref 100 253% 26% Pittsburgh & Lake Erie____ 50 130 160 2nd pref 18% 100 20 Pittsb McK & Yough (guar) 50 d 50 60 Erie & Kalamazoo (.guar).._.. 50 70 90 Pittsb & West Va corn 34% 100 34M Erie & Pitts (guar Pa RR)_. 50 52 62 Preferred 78% 100 81 82 Fitchburg preferred 57 100 58 Pitts Youngst & Asht prof _100 128 135 80% Fonda Johns & Glov com 100 Prov & Worcester (guar).. .100 130 Ft Dodge Dee M & Sou pref_100 90 100 Providence Warren & B____100 90 Ft Wayne & Jack—pref (gu) 100 91 100 Railroad Securities Co -753% Geor RR & Bank Co (guar)_100 230 235 4% Ill Cent Stock ars 11982.... 60 70 Georgia Southern & Florida_100 Reading Co 50 78 lit preferred 74 100 1st preferred 50 38 373% 2nd preferred 100 65 , 2d preferred 37% 50 39 85 Grand Rapids & Indiana.. ...100 22 Rensselaer & Saratoga (guar)100 115 125 85 Grand River Valley (guar)_ 100 125 Rich Fred & Pot—Common_100 220 240 Great Northern Ry—Pref_ 100 92 93 Dividend obligations 100 200 220 Ore certificates d 37% 37% 6% guaranteed 100 230 27.0 Green Bay & Western 100 7% guaranteed 100 230 270 Deb ctfs A & B—See under bo nds Rich &P& RF &C Conn.. 70 100 Gulf Mobile & North corn _100 7 8% Rio Grande Southern 100 RAILROAD STOCKS. Par Preferred 100 30 35 Roch & Genesee Val RR__ ...100 95 105 Harrisburg Ports Mt J & Lan 50 d 95 105 Rome & Clinton (gu D & H)100 90 Ala Great Southern com____ 50 si 40 110 45 Hartford & Conn Western.. 100 23 30 Rutland preferred 19 100 Preferred 20 53 50 d 50 Hocking Valley—Common..100 St Joseph & Grand Island _100 Alabama & Vicksburg 80 100 Hudson Companies—Pref.. 104 2 let preferred 100 Albany & Susquehanna (gu)_100 172 Hudson & Manhattan 100 2 2d preferred 100 Allegheny & West (guar)_ __100 100 110 Preferred 100 3 St Louis Bridge let pref _.._100 88 Ann Arbor common 96 100 Huntiugd & Broad Top• c 50 4 6 t 8 2d preferred 100 42 Profaned 52 100 Preferred v t c 50 d 16 18 St Louis-San Fr stk tr etfs_100 12 Atch Top & Santa Fe 12% 903% 92 Illinois Central 100 100 90 97% Pref stock tr cite Ser A___100 23 24% Preferred 86M 100 86% Leased lines (guar) 100 60 66 St Louis Southwestern 100 16 Atlanta Birm Atlantic.._100 7% Stk tr etts—See RR Securs Co Preferred 28 100 'M 2 Allan es Char Air L (guar) _100 150 2 160 Internet Rye(Cent Am)corn100 14 11 13 Saratoga & Schenectady (gu)100 115 135 Atlanta & West Point 150 100 125 Preferred 100 Id 58 61 Seaboard Air Line corn 100 Atlantic Coast L Co of CL.. 50 d 94 73% 8 97 Iowa Central 100 4 Preferred 16 100 Atlantic Coast L RR com....100 17 96 98 Jackson Lens & Sag (guar)_ _100 87% Sharon 50 d 38 Atlantic let leased lines rent tr_ Id 77 48 81 Joliet & Chic (guar C & A)__100 100 115 Southern Pacific Co Augusta tit Say (guar) 100 97% 983% 93 100 Kal Allegan & Gr Rap (gu). 100 110 125 Southern Ry common 100 Ball & Ohio—Common 26 26% 45 100 45% K C Ft Scott & Memphis Ry— Preferred 67 100 Preferred 68 53 100 55 Pref Cent Tr elf dep stpd_100 55 65 Mob & Ohio stock netts Beech Cr (guar N Y C) 55. 65 50 d 30 37 K C St L & Chic—Pref (gu)_100 80 95 Southwest'n of Ga (Ruar)_ __100 Bost & Alb (guar N Y C 94 98 100 135 Kansas City Southern 100 18 Texas & Pacific 17 Bost & Lowell (guar B & M)_100 100 32% 323% 91 Preferred 100 50 55 Toledo St L es Western Boston & Maine 100 1 0 9 28 100 281 Keokuk & Des Moines 100 5 Empire Tr Co elf dep Preferred 6 50 100 Preferred 75 100 Preferred Bost & Prov (guar Old Col)_ 100 168 10 20 100 Lackawanna RR of N J_ 100 69 75 Empire Tr Co elf dep Boston Rev Beach & Lynn_ 100 100 10 12 Lake Erie & Western 100 7, 73% Troy & Gr'brish (gu N Y C) 50 d 60 Buffalo Roch & Pittsburgh_ 100 70 65 Preferred 101) 1834, 20 Tunnel RR of St L Preferred 100 100 85 100 90 107 Lehigh es New York prof_ 100 Union Pacific—Common_ __100 127 Buff & Susq RR Corp corn..100 127% 70 Lehigh Valley 50 553% 56 Preferred 100 Preferred 72 73% 50 100 53 Preferred 50 d 85 United N J RR & Canal (gu)100 185 Camden & Burl Co (guar)-- 25 d 28 190 32 Little Miami °rig guar 50 d 84 Utica Chen & Susq Val (gu)_100 107 Canada Southern 117 100 50 Spec guar betterment stk.. 50 d 37 42 Utica Clinton & Binghamton100 55 Canadian Pacific 05 100 157% 158 Lit 13chuyl Nay RR&Coal(gu)50 d 40 42 Valley RR (N Y)(guar)____100 90 Preferred 100 100 Id 72 76 Long Island RR 50 Vermont & Mass (guar)...._ _100 95 CaroClinchfield & Ohio corn.100 97 26 Louis & Mo Riv pref (guar)_100 90 115 Virginian Ry 100 18 Preferred 23 100 50 1,011127 Hand & St L corn 100 2 8 Wabash Ry Catawisiia RR—let pf (guar) 50 4 39 100 73% 8 41 Preferred 100 20 25 Prof A 100 2d pref (guar P & R) 31% 32 50 d 39 41 Louisville dc Nashville 100 113 115 Pref B Cayuga & Susq (gu D L & W)30 d 43 100 19 20 53 Lowell & Andover 100 90 Ware Riv RR (gu B & A.).. _100 Central of New jersey 115 100 207 230 Mahoning Coal RR 50 d 325 400 Warren N J (guar D L & W) 50 d 00 Chesapeake & Ohio 70 55 100 55% Pref (guar L S & M S)._ _ _ 50 d 40 50 West Meryl Ry new corn._100 Chicago & Alton RR 10% 11 100 10% Maine Central 7 100 80 82 let pref 100 Preferred 40 48 100 8 12 Preferred 100 90 95 2nd prof Chic Burl & Quincy 100 22 29 100 Manchester as Lawrence_ 100 105 Western Pacific RR Corp.._ _100 Chic Gt West corn 17 19 100 7% 8 Maryland & Pennsylvania_ 100 Preferred Preferred 100 60 100 24 25% Massawippi Valley (guar)__100 72 West Jersey & Sea Sh—Com 50 d 44 Chic & East Ill—Preferred..100 46 2 3 Michigan Central 100 853% 96 Wheel A Lake Erie Ry Prof Equit Tr ctf dep 100 834 9 3% Mine Hill 4c Schuyl Hay (gu) 50 a 58% Preferred Chic Ind dc LOUIBY corn 100 17 18 100 Minneap & St Louis new.. _100 10 10% Wisconsin Central Preferred 100 31 34 100 Minneapolis St P & S S M__100 91 95 Wrightsville & Tennfile, corn 25 d 18 Chicago Milw & St Paul____100 20 37 37% Preferred 100 100 108 Preferred 100 71 71% 4% Leased Line Ctrs 100 60 70 Wabash—let gold fis 1939 MAN 96% 2d gold Si 1939 ______ F&A 85% Deb mort (Ss ser B 1939_ _J&J Equip g 158 Mar 1 1921_MAsS 963% lit lien term g 48 1954_ _J&J 65 4% gold notes May'20_M&N 961• Det & Chi ext 1st g 5s '41 Jar., 873 Des M div let g 4s 1939_J&J Tot dc Chic 4s g 1941_ __Midi Omaha Div 1st 3 g'41A&O 67 Warren RR—See D L & W Wash & Colum Riv-4s '35 J&J 82 Washington Cent—See Nor Pac Wash Co Ry—See Maine Cent Wash 0 & W—See Southern Ry Wash Term Co. -3%s 1945.F&A 753% 1st g 4s 1945 guar 84 FAA Weatherford Min Wells & N—Se e Tex (3.7, West Jersey & Sea Shore— Corm'g 4s 1936 85 Jac.) Cons 33is g Ser B 1936__J&J 75 West Maryland-4s 1952_..A&O 58 5% gold notes 1915 op__J&J Bait A Harris g Os 92% let M West Ext g1513'38M&N 92% Cora& Ir Ry 5s g 1920__F&A West N Y & Penn 5s 1937__J&J 99% Gen mort gold 4s 1943_ _ Aes0 68 Income g Si Apr 1943 ..Nov 1 f 25 Western Pacific RR Corp 1st M 58 Mar 1 1946___M&S 83% Western Pa— 1st g 4a 1928_J&D 91 West Ry of Ala-4As 1918 A&O Western Transit—See N Y C West Shore—See N YC&H RR Co West Side Belt—See Pitts Term West Va Os Pitts—See B & 0 Wheeling & Lake Erie RR— lit consol g 48 1949_ _ _ _ _M&S 65 Ref M Ser A, 1966. M&S 59 L Erie Div 1st g Se 1920_A&O 90 Wheeling Div let g 513'28 Jess! Exten & impt g 58 1930_ F&A Equips f g gs 1922 85 J&J Wheeling Term-4s 1040.. ..F&A 77 Wichita Falls & Northwestern 1st 5s Jan 1939 60 J&J 1st & ref g 5s 1940 op_ __J&J 20 Wichita Union Term Ry— lit g gu 4 '41 opt_ _ _M& N 74 Wilkes-13 & East—See NYS&W Williamsport & N Branch RR— let ref g 4%8 1931 J&J f 15 Willmer&I3Falls—SeeStPM& M Wit & Nor—See Phiia & Read'g WI!& Weldon—See All Coast L Winston-Salem Southbound 1st g guar 48 1960 78 J&J Wise Cent Ity—Ist m g 48'49 J&J 77% Marshfield & South East Div pur mon lst g 48 1951_ M&N 65 Sup & Dul Div 48 1936_ _MAN 72% Minneap Term 3%8'50op J&J Wise & Mich Ry-58 1945_ _J&J Wiscon Val—See C M ac St P WorNash&Roch— 4eJan'30 Jes.] 80 4s Oct 1 1034 80 A&O Yosemite Val I f g Sc 1936_J&J b Basis. d Price per share, not per cent. f Flat price. Is Last sale. / In London. n Nominal. s Sale price. I New stock. x y Ex-rights. 39 PUBLIC UTILITIES of "Public In the following rearrangement of our quotation lists we bring together under the general designation issue in a particular Utilities," all the different forms of such securities, thinking it easier for the reader to find anyto what head to look general list than when the securities are subdivided under separate heads and there is doubt asElectric, Power, Water under. In other words, under "Public Utilities," we include Street and Electric Railways, Gas, and Telegraph and Telephone Companies. The great In quoting Public Utility bonds, we employ the same method as in quoting the bonds of steam railroads. case. On the majority of issues being quoted "and interest," we use no designating mark whatever where that is the forms part of the other hand, we prefix the letter "f" where there is a deviation from this rule; in such cases the interest interest is to be price. Unless, therefore, "f" appears against a quotation, the buyer will understand that the accrued takes account added on. This, however, does not apply to income bonds and bonds in default, in which cases the price of the interest (should any payment be announced) and no designating mark is employed. NOTICE.—All bond prices are "and Interest" except where marked "f" and Income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask. Chicago City A Connecting Rya Bost Eley—West End St.(Cone 1) Adirondack Elec Power Corp— 48% 47 Col tr s f g as Jan 1 1927.A&O 87% JA J 87 434s July 1 1930 83 let M gold 59 1962 opt___J&J 81% Chicago City Ry— ___ __FAA 44 Aug 1 1932 Mabama Power— 85 81 let g be 1927 op up to '12.F&A 55 50 87 90 Bost A Nor St Ry ref 4s 114_J&J let M 5e 1946 opt 1921._ M&S Chicago Elevated RysGeorget Row A Ipswas'20JA D 0% gold notes 1922_ __J&J 5% notes 1916 ext 1919_JAJ 100 97 LowLawAil lot g as'23opJ&D Alabama Water 1st 6a 1932..JAJ Chic June RR 4s l94&..M&S 75 97% 98% Lynn Zs Boa let bs g '24_JAD J&J 6% notes 1920 Chic North Shore A Milw RR— 90 85 Bost& Were St Ry 434e '23 FAA United Tract'n Albany Ry—See 89% 86% J&J let M g 5s 1936 78 70 Brazilian Tr Lt A Power Albany Son RR 1st as'39_MAS 98 Chicago A Oak Park Elec Ry— 95 8% gold notesNovl'19_MAN Alton Gran A St Tr—See East St L A Su Lake St El lot as 1928 gu_J&J 86 Gas Lt 4s 1952 _JAI Bridgeport Altoona & Logan Val Elec ay— Chicago Railways Co— 65 60 Bridgeton A MilivTr 5s '30_ J AJ Con g 4%s 1933 gu__F&A la 80 FAA ln in g bs 1927 opt 76 72 J&J Bristol G & B 5s 1939 American Cities Co— 75 Con NI be Ser A Feb '27_A&O 50 BwayA7th Ave RR—See NY Rys 40 Coil trust g 5-130 1019 opt_J&J 49% 4714 Series B Feb 1927____JAD Bway Surface RR—See N Y Rys American Gas— 1927____F&A Series C Feb 75 65 95 Bronx GAB as'Coop aft'20_J&J 92 Cony coil tr g as 1920___JAD 45 -Se Feb '27 op.J&J Pur mon 4 Bklyn Bore Gas 58 1945 op JAD Non-cony colt tr g as'20_J&D 27% 26% Adj Inc 4s Feb 1927 op....May 83 80 Bklyn City & New RR—See C I dr Bk RR .J&J Deb 6s 2016 74 Chic Sou Bend A Nor Ind RR 71 87% Brooklyn Rap Tran—be'45 A&O 87 Am Gas A Elec coil So 2007.F&A 60 J&J 52% 1st g as Jan 11037 49% JAJ lot ref gold 4s 2002 99 98% J&J 6% gold notes 1920 97 96% 78% 79% Chicago Telep be '23 op '13.J&D JAJ 3-yr 7% notes 1921 96% 97% J&J 6% gold notes 1921 N Y Rys 92 Chris A 10th Sts RR—See 80 Bklyn City—lot be 1941_J&J 96 93 Am Pow A Lt 6% notes'21.F&A Cicero Gas—See Northwest Gas Light & Coke Wm&F1at434s July'41_F-A 77 75 M&S Deb g Os 2016 Gin D A T Tree gold 5s '22_J&J Bklyn Hes let as 1941_A&O American Public Service— South Ohio Tree as '20.. MAN Brooklyn Queens Co & Sub— 95 92 JAD let lion as 1942 Cin A H (is g Apr 1 1918J&J let M g Ss 1941 opt'16_J&J 99 96 Cony 6% notes Mar '19_J&D 70 Cincinnati Gas A Electric— let con gu Se July'41_MAN 90 85 Amer Pub UM Coll Os '36_A&O 95 91 77 let & ref 5s 1956 Ser A__ AA() 7234 Bklyn Un Elev be 1950....FAA American Railways— 78 Cincinnati Gas Transportation72% Stamped guaranteed 70 75 Coll trust cony g as 1931_FA A 100 95 '13__J&J let as 1933 guar op 65 60 Kings Co El let 4s 1949_F&A American Teieph & Teleg Co— 100 95 Double guarantee 72% 56% Stamped guaranteed 84% 84 J&J Coll tr g 4s 1929 Cin Lawr & Aur as 1919.. _ J&J Nassau Elec—let as '44_A&O 85 78% Cony g 4s '36 cony af'09.M&S 93 91 58% Cin New A Coy Ry be 1922_J&J let g 4s Jan 1 1951_,__J&J 88% 85 Cony4%e'33op aft 1925.M&S 2d g as July 1922 85 80 Atlantic AY con Bs g '31.A&O 93% 0334 JA D Coll tr be 1946 So Coy A Gin as g 1932--Jli 89 Bkln BathAWE as'33.A&O 102' FAA 102 Cony Cs Aug 1925 94% Cities Fuel A Power 94% 99Y4, BklynUnGaslet conas g'45MAN 99 6% notes Feb 1 1924_ FAA 108 98 7% gold notes 1919____JAD 70 Brownsville Ave—See Phila Co 68 Amer W W & El Se 1934_ _ A&O Cities Service Co— Buffalo City Gas g as 1947_A&O f 30 Anacos A Pot River RR—See W ash Ry & El 127 J&J 123 Cony g deb 78 1966 97% Buff Gen Elec let 55 1939..FAA 80 74 Appalachian Pow as 1941_JAD 93 89 Citizens' Gas(Indianapolis)— 1st ref as April 1 1939___J&J Ardmore St Ry—See Phila Co 93 1st & ref g be 1942 FAA 102% 103% Deb as 1923 85 80 Arizona Pow (le '33 op'13_MAN 88 Citizens L,HAP(JohnstownW Buff & Lack Tr let as'28op JAL!) Arkansas Light & Power— 90 85 lit g as 1934 opt 1914__MAN Buffalo & Lake Erie Traction— 90 83 A&O let M a f 6s 1945 Citizens' Ry A Lt—See Muscati no Lt & Tree let as ref g as '36 op s f__MAN Arkansas Valley Ry Lt & Pow Citizens St Ry—See Ind Tr & Ter Hamburg Ry 4s 1926_ _MAN 99% 97 6% notes July 1 1919____J&J Citizens' Tract—See Phila. Co. 99% Buff A Niag Falls El L & Pow— 96 J& D 7% notes 1920 85 82 93% 98% City Elec San Fran Se 1937_J&J FAA lit g 13s 1942 Asheville (N C) Pow A Light 86 City A Sub Ry—See Port (Ore) Ry 80 Burl'ton (Vt)0 L as 1955.. _J&J 89 85 A&O 1st i f g 58 1942 opt City k Sub—See Un Ry & El(B alt) Burlington (Ia) Ity A Light Pow & St Ry— Ashland (Wie);14 80 City A Sub Ry—See Wash Ry & El 1st e f gold as 1932 opt.._M&S 86 82 J&J lit M gold Ss 1939 943.4 93 1 96 Clay El Ill lot Si '39 op'24_ AA° 92 Butte El&P blot eis'19-'51.‘JAD Atchison Ry, Light A Power Clev Painesv A Aehtab Elec— California Electric Generating— 87 82 MAN 1st Se Nov 1935 30 lit gold Se July 1 1922___J&J I 20 85 80 lit s f g Se '48 opt aft'12M&S (Ga) Ry A Electric-Athens Cloy Pains & East Con 5s118Adr0 SO California Gee & Elec Corp— 70 let & ref s Ig 514'50 op'15 J&J 98% Clay Ry let Se 1931 opt___ M&S 97 Sink fund g ele 1933 opt_MAS Atlanta Cons St RR-See Ga R y & E 96 Cleve Southwest & Colum Ry— 95% Unif&ref g as '37 op s f_MAN 93% Atlanta Gas Lt Ss g 1947__JAD 80 let gets con as 1927 opt.._A&O 95 Cal Cent Gas A El 58'31_FAA Ry—See Ga Ry & El Atlanta Nor 73 Clev&SW let as'23op'13.P&A -_ - — Cal Pee Ity—See Pacific Elec R Atlantic Ave RR—See Bklyn R ap Tr 90 Cl 13erEly&Ober5s g '19_ M&S Calumet A South Chicago ity— J) Gas— Atlantic City (N 90 92 75 71 Clev Ely & W Ss 1920......FAA lit M rehab g as '27op'12P&A 44% let g Bs Jan 1 '60 opt' 20_J&J 843 Camden hc Sub fly—See Public Service Corp CoaatCos LAP let as'46op FAA Ati City & Sh ItIt-5s '45.J&D 90 87 ColoradoPower-let 5131933MAN Canadian L A P 5E1'49 op'14 J&J Allan Coast El let Ss '45_ _MAN 83 82 Columbia G A E let as '27_J&J Canal & Clan) RR—See N 0 Ry & L Syracuse Elec RR— Auburn & 823( 8134 93 Stamped 91 85 Canton-Akron let g Se'22M&S 80 lit A ref g as'42 opt'12A&0 80 Deb. be 1927 95 92 Canton Mass lot g ,5a'20.MAN ken Ry A El Corp— Augusta-Ai C j o 90 Columbia (S C) Ry Gas A El &j — 77 87 63 Can-N Piffle g Ss'23 opt_ FAA 58 Sink fd g Se Dec 1 '35 opt.J&D 89 83 Jdc.1 1st M s f g as 1938 83 Canton (0) El ao'37 op '12MAN 75 Augusta Ry A El as '40_J&D Col Buckeye L A New—See Col Newark AZanes Capital Trac (Wash, D C)— Aurora Elgin & Chicago RR— 98 Columbus Citizens Telephone 43 lit g be June 1 1947____JAD lit & ref g So 1946 opt_ __J&J 1 39 98 94 I&J 1st 5s Jan 1 1920 85 75 Carbondale fly Ss Nov '33_J&J n 75 ABAC Ry 1st g as '41 A&015 Columbus Dela & Marlon Elec 96 Carolina Power & Light— 92 ('fox) Gas Lt 6s '31_ Q&J Austin 80 85 A ref 5s,June 1937_ _ __ Co lot 90 86 lot M g fid 1938 FAA Salt & Ann S L—See Md El Ry 35 80 94 Cass Ay & 93 Geds Ry—See U rated R y (St L) Columbus(Ga)El Co as '33A&O Bait Elec let a bs '47 gu___JAD 91 Columbus(0)Gas 1st Ss g'32J&J___ _ Central Ark Ry & Lt Corp BaltSpPAChee—See Un Ry& El 83 Columbus(0)Interurban Ter Co. 78 1st I s f Ss 1928 M&S Un Ry A El Bait Traction—See 80 1935 let guar Ss Central California Traction— Bangor(Me)Po 4-4%-58'31M&S " Col & East Col Lond A Springf fly—See let o f g 5s, 1936, opt__ A&O Bangor fly & Electric— Columbus Newark & Zatiesv— Cent Croset flit—See N Y Rys lit cons g 6o 1935 opt _Jk.1 M&S let gold as 1924 97 Central District Telephone Bay Counties Pow as'30 M&S 98 Gen A ref gold be 1926 MAN 85 1st a f g as 1943 op '18__JAD BeaverValTrac'len g 5e'53MAN Col Buck Lake A NowTc k 91 Cent Ga Pow—See Ga L Pow A Rye BellTelp Canada Deb 53125A&O MAN let gold 58 1921 Central Hudson Gas & ElecBerkshire St let g as 1922__JAD Zanesville Ry, Lt A Power 90 95 1st & ref 58 1941 J&D Binghamton Gas Be 1938_ A&O 5e 1912 ext to Mar'24_AA0 90 85 CentralIllsLightlistas 1943_ A&O Binghaniton(N Y) L,11 A P— Colum A 9th Av flit—See N Y Rys Central Illinois Public Service— FAA lot ref as 1946 92 87 Columbus (Ga) Pow 58'38_ Mc° 77 74 lot A ref g 5s 1952.. 60 F&A 52 13Inghamt fly Se '31 op '11 MAN Columbus Ry,Pow A Light Central Indiana Gas— Birm Knox A Al—See Phila Co 70 88 1st ref A ext s f 54 1940_ A& 0 84 M&S lot fl 5e Sept 1931 Birm fly, Light A Power— 75 90 Col Rs lot 4s '39 opt '14_Q-J 85 64 CentMainePo w as'390p'19MA N 60 Gen ref g 4%s'54 op '09_ A&O 90 Col St Ry 1st 5s g 1932__J&J Col Ry Po w & Lt Cent Market St—See 75 65 Ref & ext g Os 1957_ __MAN 90 Cross St 1st as g 1933_JAD 92 88 Cent N Y G E— as '41__J&J 6% notes Apr 1919 A&O Com'cial Cable-49 g 2397_Q-J 98 90 Tracy Devel. as 19.14___A&O Birm Ry & El let g 5s'24_J&J Commonwealth-Edison Co Cent Pow A Lt Os 1946___AA 0 97 Blackstone Val GAB 5s '39_ J&J 92 94% 9431 1st g 5s June 1 1943____MAS Central Ry-SeeUnRy& El(Balt) Bleecker St & Fill Ferry—See N Y Rys 933-4 90 92% Com'wealth El be J'ne '43_ M&S 89% Cent States El 5%gnotes'22J&D Blue Lakes Water lot 6s'38 MAS 105 Commonwealth Light & Power Central Tract—See Phila Co Boston El L let con 5s '24_ M&S 90 90 MAN 9334 lot 6s 1947 Charleston Cons Ry Gas A El Boston a:ley Ry 4s 1935__MAN Commonwealth Power (Mich) 91 89 M&S Consol a bs 1999 Deb g 4%s Oct 1 1937 AA0 90 J&D 1st g Se Dec 1 1924 99 Ch City Ry let g Se 1923.J&J Deb g 4%s Nov 1941MAN Commonwealth Power (Neb)— JAI) Chattanooga Ry A Light— Deb g 55 Dec 1942 100 96 M&S let gold 6s 1944 60 50 lot A ref g as 1956 op'16.MAN 907 West End St bs 1932_MAN 66 Compt hits A Mer Ter—See United Ity's Chatt Rys lot con be '56.MA N MAN 89 Ss May 1936 85 82 Conestoga Tree 1st 4s '50_ _J&J 95 97 87 Chee & Pot Tel be'29 op'09.JAJ M&S bs March 1944 93 Coney lel & Bklyn RR 4s'48J&J 90 FAA Ches & Pot Tel of Va as'43 MAN fis Aug 1919 J&J Consol gold 4s 1955 0634 M&S Se March 1922 B C & N bat cons 59 1939 _J&J J&J 94% 4340 Jan 1 1923 on Montreal Stock Exchange. /This price includes accrued interest. k Last sale. a Nominal. o Sale price. min. Minimum prices established 40 GENERAL QUOTATIONS-PUBLIC UTILITIES [Vol,. 108. NOTICE.—All bond prices are "and interest" except where marked "1" and income and defaulted bonds. Bonds. Aa. Bonds. Bid. Ask. Bonds. Bid. Ask. Come L & Pow 1st 5s_1939_J&J 92 Elmira Water Light A RR Indiana', Wat-3s'26 op'11.J&J 95 96ee Connecticut Power So '63_A&0 82 89 lot & con g Ss 1956__ MAS 85 87 lot A ref g 434o 1940 op __JAJ 80 91 lot A coil tr 5s 1956____J&J 85 92 El Paso El Co coil tr g 3e'32J&J 82 90 Interborough-Metropol Co— 6% notes 1920 JAJ 971 9934 Empire Dist Elec CeColl trust g 434s 1956A&0 391 40 Coon Ry & Lt 4ees 1951 J&J 89 let Se 1949 MAN 75 80 Interborough Rapid Transit— Stamped guaranteed opt'l_ 89 Empire Gas & Elec and Empire lot A ref g as'66 op tax-exJ&J 70 703e Conn My Pow lot fis 1937_J&D 92 96 Coke it lstetref 53'41 op MAS 88 91 Intermountain Ry Lt & Pow— Consolidated Cities L P & Tr— Empire Gas A Fuel 1st g ii 1942 lot lot lien 5s 1962 etpd J&J 74 77 lot M s f ee 1926 MAN 971 981 Internat'l Traction (Buffalo)— Consol Gas of Bait 58 1939_J&J 100 101 Equit0& B Utica 50 1942 A&O 88 Coll tr 4s' 1949 27 Gen g 4ees Apr 1954___ A&O 88 89 Equit Ill Gas, Phila, 58 g'28 Jed 102 104 Buff Ry let can M 59g131.Filtel f 85 j A 25 90 Consol Gas Elec L & P (Bait)— Brie El Motor s 1 g 53 1941 Atis0 94 Cross St Ry 1st 3s g '32_ MAN 89 90 Gong 41s Feb 14 1931 J&J 85Brie Ltg lot M 55 1947_ _Asa) 86 88 Buff Bell & Lan 58 1.927_JAD Cone 5%note8Nov15'21MAN 97 97- e Brandy GAB L Sie32op'12 J&D k Buff A Lock lot g 3e 1938-JAJ 92 Consol Pow 6% notes '22_FAA 98 981 Evansv A Sou Ind Traction Buff A Niag Falls Elec RyConsol Gas N J 58 g 1936 J&J 90 _ - __ Evansv El let g 42 '21_M&N 82 88 lot M 58 g 1935_ J&J 90 let ref 5:3 1965 AA() 85 90 Evansv Se Princ let 5s'23Ak0 93 95 Internet ay ref 33'62op MAN 60 Consolidated Gas(N Y)— Excelsior Springs Wet,Gas & El leockp A Ole let g Ss'20_ 1.e.1 86 Coley deb Oa 1920 _____ Q-F 10034 101 , let M ae 1932 op 90 J&D 95 Interstate Elec Corp 631933 MiltS 80 90 Underlying cos—Soo NYGE1 II A P. Fairmient A Clarksburg Tract'n Interstate Itys—Col tr g 48 0013 Gas (Pitts) Ss'48 rcts_FelcA 1 55 60 lot g So 1933 op 1913._ A&O 95 90 1943 op 1913&A _ 40 RepidF — 41 A) Undeposited bonds 1 Federal Light & Traction Iowa lily A Lt (Cedar Consul Ltg Co(Vt) lot W26 J&J 97 95 let s f g 50 1942 opt__ __Mete 63 72 let & ref g Ss 1932 op'15 el&S 91 88 Con Ity(NewHav)deb 45'54J&J :52 56 Fed St & Pleas Val—See Phtleen Irouweed A BOSaldifiler fly A Lt Deb 4s 1955 52 J&J 56 Ft Pitt Trac—See Phila Co lot d f g 5s'36 op aft '15_ FAA 83 80 Deb 4s 1956 guar J&J 52 56 Ft Seattle Light & Traction— Jackson A Battle Creek Tracj See Mte hIgau Cons g 4s 1030 ---------FAA let el g5e 70 80 Jackson Consolidated Traction( (Jutted Itys Cons Ry & Pow (Salt Lake) See Utah L St ay FtWayeeB & Marl '36 opt MA S M lot So '35 gu J & J Jackson(Mich)Gas 53 g '37 AA() Cous Tr(N J)—SeePubServCor Ft NV Van Wert & Lime Tree Jacksen (MI83) Light A Tr Cou Wet of Utica-lot Se '30.J&J 95 98 1st el g 50 1930 guar......J er J 30 50 lots f g 5s 1922 opt 'II__ Alt0 88 93 Deb Se Jan 1 '30 op 1911_J&J 85 91 Ft Wayne & Wabatile Val Tree Jacktiouv(Fla)Gas s f So'42 JA ii 82 85 Cons= LHAP Co (Ellz, NJ) let eerie g 58 1931 30 __ M & S 35 Jacksonville Traction 51 1938_ _JAD 90 Ft Werth Pow & L Se' FAA 88 ___ 92 lot con So Mch '31 opt__ MAS 82 77 Consumers' Power Co (Mich)— 42d St M & St N Av—See Third Ave thy leckeour El 5s'27 out_.. MAN 80 87 let A ref g tis 1936 op '16_.13a 88 90 Fraakf Tammy k Holmosb ley— 70 jer to klobpa) pt—Sle_Public Service Corp J o heLit yw u ( ile Paead iey Continental (las & Electric— Itit g 5e July 1940 60 J&J lit lien coil tr as 1927__MAN 82 90 Galv Elec Co Ist58'40 op MAN 78 84 kttg g 42 80 Crosstown St Ry—See Col Ry Lt Galvestea-Hoeston Elec Ry— losettnitPitteRy lst3e'30"c8 1031 opMse 88 89 75 ° Cress St Ry—See Int Tr (Buff) let el s f g Se 1954 opt__ Als0 77 83 Kaukekee(111)GkE 51 '30_ MAS 92 85 Uumberland Co(Me)Pow&Lt— GaiikEl of Bergen C.5s'49 JileD 90 Kass City(Mo)Clas Ss '22_A3ce 8834 lot ez ref g 5s 1942 M&S 75 85 Gee 3s Nov 1 1934 85 MAN Kan C Beate Telep 5e 1923 JA) 89 90 Cumbeand Tel & Tel— General 0 & El let Ss '32 J&J 45 ' 60 Kau City KawVal & West Ely— Deb fis Feb 1 1920 le&A 97 99 Geor Row & Ips—See BoekNor St Ely lot IQ 6o Aug 1921_ _ __ FA A 98 06 lot & gen 58 1937 J&J 93A 9114 Georgia Light, Power & Rye Kauai. City Light & Power Cuyahoga Telephone— 1st lien s f g 5e 1941 out MAS 67 A 70 1st AlSs July 7 19I_ ...J.1 80 I_ A 75 lot 78 Dec 1 1921 99 J D 1001 CeutGaPow53'38 op '13MAN 78 85 2d M Is July 7 1911__JA I 82 75 Dallas El Cor col tr g 3s'22.A&O 94 91 Georgia ley & Bloc 5s 1932_,J&J 92 94 K C Long Die Tel So 1025_ _JAI 841 Dallas Gas let g So 1925 opMAN 85 90 Refg & inept g 5e '49 s f __Jeer 87 91 Kangas City Railways Deny St Ry& L Co 59'20-'25.1ki Atlanta Cons St So 1939...14.1 981 9934 lot At Se July 7 1944____J&J 70 75 Danville Urbana & Champ Ry— Georgia Bloc Lt 5s 1930.J&J 88 92 2(1 Al Si July 7 1944___JA.1 77 82 lit 58 1923 optional MAS 85 90 Atlanta Northern Ry Co— 2d M So July 7 1944_ __JAJ 65 Darby Med dr Ches Ry—See Phi la It Tr lot guar Ila '34 op '09__J&J 100 103 Kan City-Western—lot retie 8 Dayton(0)Gas 58 '30 op'15MicS 90 Georgia Ry & Power 5s 1025 opt Sept 1 '1.1)__11&S 1 Dayton Ltg lot 50'37 op'12MAS 85 89 lot & ref a f 5a 1934 op__A&O 81 •8434 Kansas Electric Utilities Day El L 1st 5te2lop'06 MAS 88 ._ .__ Grand Rap 0 L So 1939___F&A 90 95 let g Si 1925 Dayton Pow & L lot 5s'41_J&D 84 88 Grand Rap Or Hay A Musk Ry Kansas GAB let 59 '22 op_MVS 92 A 95-Defiance (0)GAB Sts 1942MAS 82 85 lot g Se July 1 1926 86 J&J 89 Kentneicy Tree A TerralcialDelaware Co & Plena—See Un P & Tran s (et Falls Pow let So '40 op MAN 9331 lot A ref gu So '51 op '14_ Fee A (10 70 DenCTram—Purch g 513'19 AA() Groat Lakes Power, Ltd— Lexington Ry lot 5a '49_Jit1) 90 87 1st it ref g es 1933 op s f MAN 56 GO lot M es 1919-1944_ MAN Kentuaky DUI Os '19 A A 0 15 • 95 99 Con Train con g 5a 1933A&0 Great Northern Power Key. Tel let g Ss '35 op'08_,FAJ 90 88 Deny Gas & El lat g as'49 MAN 90 93 lot Al g Ss 1935 op 85 FAA 871 filets Co B LA P let 5s'37AA0 lot & ref So 1951 9011 80 MAN 85 Great West Pow So 1946 op _J&J 85 861 Perch mousy es g 1997_AA0 100 Denver Tram Power Cu— Cone deb Ss 1923 891 MAN 92 Cony deb Os 1923 bit imp g gu So'23 op '08 AA() 80 81 Greenwich Tram lot Is '31 elk.1 90 Edison El III Bielyn 4s'39Mt 1 80 9034 75 icS i Denver Tramway Terminals Co Flackeneack Wet 4a'52op'12J&J 70 75 Binge Co leley Ely—Seel3klyn It ap Tr lot in g gu Ss 1919-'40 MAS Basle 734% Hamburg ley—See Buff A Lake Erie Trac Rings Co Gaeklii lot Se '40AAO Denver Union Water 13s '14.J&J 98 99 Harrisburg (Pa) Light & Powerilinleek Lg DtAt Tot 5s '29 J&J--SoPlatteCaual&Res39'23.JAJ 100 1st A ref g Ss 1932 opt__ FA A 83 92 Killoch Telephone (Is 1928.FA A -tiii 983i Des Moines & Cent In Elec Co— Hart Man & Rock Js 1924_AA0 96 Knox, Gee lot 59'33 op'1:3 AA() 80 85 F 6s 1937 op Sin A MAS 83 93 Hart A Springf SH g 1921—J&J f Knoxville Railway & Light — F 5s 1937 op Sur B_MAS 80 85 Hart St Ry-1st g 48 1930.M& 831 91 Ref A ext Ss 1940 op. _J&D 65 Des Moines City thy— 75 Harwood El Ss '39 op'14__.I&J 95 Keterville Tree fis 1938_ Aec() 00 Ref g So 1921 op 1906 lot & ref s f g es '42 op _MicS Kakento Marion & W Tree it ref 6s 1936_____ A&()Gen Havana El C.(011H g Ss 1032_ FAA 82 let g fie July 1 1933__ __LSO 89 90 Detroit C Gas 5% g M '23_ _J&J 9634 Helena Lefty lot So '25 op MAS 78 80 Lackawanna A Wyo Vol Et T Prior lien 5s 1923 fleet Man & Fair Pass fly—See Phila R T Coll tr Is 1951 96 Det & Sub Gas lit 5s '28J&D 89 93 Home Telep A Toleg (Los AnLaclede Gas g Bs May 1919_ --F 99% 100 93 F A ( Detroit Edison let g 5s '33J&.J 96 8 gales Cal) lot 59 1933_JAJ 901 92 Ref A eat g Ss 1934___ Aee) 95 ( 051 lot & ref Ss July 1 '40 MAS 931 tat refg Ss 1943.. JkJ 91 lot col & ref g 7e Jan '29F&A 100.1 10034 Dist United 4ees 1932 opt...ler-I 741 73 HoughtenCo(Mich) El Light Lacombe El lst M 58'21 MAN 100 95 7% coil tr notes 1923 AA0 9614 97ee let g So Jan 1 1927 opt 83 J&J 89 Lake Roland Elev—See Un Rys A Elec Det thy let 5s '19-'24_JAD Houghton County Traction Lake Se Elec lot con g So'23Jete 82 75 Det&Flint lot g Se '21__F&A tat con g as 1937 _ 75 81 J&J len g Is Feb 1 1933__ _FAA (32 70 Det Rock Romeo & L Oriou Houghton Co St 58 1920_J&J 98 94 Ler & Clev g lis '27 op '17.J&J 80 90 lot ak fd g 138 1920 _ _ _JA D Hous El 5s 1925 op 1910 ..FAA 94 90 &tad Front A So 5s 19313_JA.1 55 65 Del Ft Wayne & Belie Isla-Houston L & Pow 53 1931 A&O 85 921 eel Frem&Nor5s'20op'05J SO 92 96 lot g So Apr 1 1928 _ _ _A&O Hudson Co Gas So g 1949_11146N 95 Lake St Elov 1111—See Chic A 0 ak Pk Elecity Det Mon & Tol Short Line Ry Hied Rh' GAB! let 13s '29 MAN Laacaster Co ity & Light— lot M g 38 Jan 1933_ __ J&J Hydraulic Pow of Niag Falls— Coll It So 95 Det&NW 4111'21 op'LIMAN lot & ref 5s 1950 Jed 97 Lansing Fuel & Gas 3s '21_ Alac ) 92 1059 kt j Det A Pontiac-58 g '22_F&A Ref & Impt 5s 1951 92e4 A&O 94 Laurentide Power, Ltd — Cons g 43s'26 op '11_ Jez D Idaho Power lot 5s 1917_Jea 87 89 1st e 1 g Sts 1946 op 1020_ MO _79_06: 87 i Det & Pt Huron Shore Line — .. Illinois Central Traction— Lehigh Po, ,ver Securities Corplat g So 1950 let M g 58 1933 op guar _JAD 80 90 (3% gold notes 1927&A 74 Det & Lake St Cl 5s '20_ A&O Illinois Northern Utilities Co— L Valley Transit Det Ypsil Ann Arbor & Jack lot it ref g 5a 1957 ept__A&O 70 80 let el g So Dec '33 opt _ ... 3#1,1c6 0534 1st g Se 1920 FAA 84 88 (111nots Valley thy 1st el g 4s Dec '35 opt.elere 801 83 DY&A A Con Os 1924_ FAA 93 100ee let s f g guar So 1935___MAS 83 89 Con8 g es 1935___IAD 75 DDEBAB RR—See Third Ay thy 78 Indiana Columbia & E Tree Ref Jr !not glis 1900___ _Jetz I) 8e Dsaluth Ed El let 55'31 op _M&S 82 86 88 Gen A ref g 59'26 op'11.MAN 55 62 Coll It 60 1923 Duluth Superior Traction Co— Col Lou A Springf 50'20.A&O LewLsten Augusta A Watervt j " ill Duluth Fit Ely let g 5s'30MAN a 73 80 tudlana Ltg 4s 1938 op__ FAA 70 75 let A ref g 58. 1937 op_ _AA() 001 Duquesne Tree—See Phila Co— Indiana A Mick El lis 1957_ F&A 85 88 Leeiugton Ave & Pee For—See N -7 It Eastern Pa Rys let 5s 1936 J&J 1( 58 Indiana Nat Gas & 0—See Poop lea G L A Coke Lox A Bost lot g 41s '20_ AAO E Chic &Ind HarWat 53'27_ A&0 Indiana Itys & Light Lexingten (Ky) Ely—See KY Tr & Term Ewa Pa G A El let So 42_JAD 1st & ref 581913 83 Jed 83 Lincoln0 A EL lot Ss 1941 JAI) East St Louis (Ills) Lt & PowIndiana Union Traction Lindell Ry—See Milted 1tys (St La old) 1st Cis 1940 JAD 83 90 let g 30 July 1 '33 op'08.A&0 50 Little Rock Gas A Fuelleast St Louis & Suburban Co— Indiana Nor lot g 5s '33_ AA0 75 Ref Os Nov Cell trust g Ss 1932 opt A&O 97 07 Mune A Un Cy gu 58136olefix.1 Little Rock Ely & Elec1937M" 93 titon Granite A St L Trite Ineitanap Columbus & Sou Tr 1st g 53 19:33 op 1908_ _AA() 85 871 1st COUH g 5s 1944 _ _ FAA 70 tot Mg 5s Feb 1 1923 __ FAA 85 91 that A ext g es 1938 _ _AA0 80 Easton Cons El 51 1949 _MAN 90 94 Indianapolis Ga9 5ti 1932_ _ A&O 81 90 Lockport A Olcott Ry—See lint Tree (13 (Maio) Economy Lt & Pow (Joliet, 110_ In burlap A Green Rap TranLorain A Clev It It—See Lake Sh 1, 11tic II y lstMafg 5s 1950 J& D 91 tot a 59 Jan 1 1929 JAJ 95 100 Los Angeles Gas & El Corp — Edition Else Ill of Boston Indianap L & II 38 1940...AA° 87 93 lot & ref g 58 1939 opt__ NUS 90 6% gold notes 1919 JAD 10034 Litilanap A Martine, Rap TrLO9 Ang & E 5s .34 _J&J 7% gold notes 1922. _ _ FAA 102 871 103 let g res 1932 opt 90 94 Los Ang Ltg 58 Apr11'24 A&O 5% gold notes 1922_ _ _ _ FAA 953'1 96/ 97 In iianapolis Northern—See ji on Tr o f Ind Utl Los Aug Pac Co—See Pac El ity St119011 Bloc Co (Lancaster)— In ilanapolis & Northwest Tr Los Aegeles A Pautelena—S le Pac lei cc Refund 59 1943FAA 92 94 let g 58 1923 opt__ _MAS 83 92 Los Angeles Ry Corp Edition Elec Co of Los Angeles— Indianapolis & Southeast Tree e A ref a t g 3s, 1.940-0 1A 761 lot A ref g 5s 1922 op'07 MAS 853-1let 951 96;i let M g Se 1933 JAJ 75 Loo Aug Ely So g 1938_ _A3c0 Edison Lt & Pow (3 F)6a'21Q-F 1001 Iivi'p Shelbyv & Southeast lot ( J)d 1ag Tree let g 519'38 JAD Eighth Ave RR—See N Y Rye s f g So Jan 1 1932__ _ Pe. , 92 Louisville Gas A Electric Eke A Peep--See Phila Rap Tr Indianapolis Tree A Term Co— 1st & ref 7s 1923__JAD 100 101 Electrical Securities Corp— let a f g 33 Jan 1 1933__A&0 70 80 7% gold notes 1920 _ _ __NliltS 96 99 Coll tr g H f 5e 1933 opt_ _ FAA 90 1)3 in iianap St gell 42 193:3__J&J 82_i 60 61 Loulev Home Nine ie '22 .Jilzell Elie Plainf & Cent J1See Public 911 . : - . 93 i Citizens St con So g '33_ MA el et 90 Louisville Ltg 3,1'53 unettel eerie Elie A Trenton RR 'Sere Cern 89 Loewe a V., r2v f- 0, 5.0 );I en Tule price iticiueee accrued interest. e Last sale ft Nominal. s Sale price. FEB., 1919.] 41 GENERAL QUOTATIONS-PUBLIC UTILITIES NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Bid. Ask. 923/i Nassau & Stiff Ltg 5s '45._P&A 87% 90 91Yi. Northern Texas Electric Co g '30___J&J Louisy Ry con M 82 85 90 80 Nat L 11 & P 55 '19 Set B __J&J M&S Coll ire f g 5s 1940 opt __J&J 2d nage 43s 1940 90 .._- ... Northern Texas Traction Co 80 82% Coll trust 5s 1920 Set C__J&D P&A Gen M be 1950 91 65 86 Cent Ind Ltg 5s 1927.__M&N let g 5e 1933 opt 1913__ J&J 75 Louisville Water—See under Lo ulsville, p.50 75 85 Nor Westch Ltg 58 1955_ __J&D CityG&E(Peris,I11)58'35 A&O Low Law dr Hay—See Bos&Nor St Ry 65 75 North find Co Ry—See Public Service Corp Jerseyville III 5s, 1935 P&A (Pa)Gas & ElecLuzerne Co 80 88 North Hudson Lt, H & P Co National Properties Co 1st ref&imp g 5s'48op'13 Adr0 90 -90 83 Coll tr 4-4 %-530 1946 _J&J (Hoboken, N J) 55 1938_A&0 Lykens Val L & P 6s 1945_ M&S or 88 96 Nevada-Calif Elec Os I946_J&J North Jet St Ry—See Pub Serv Corp Lynn & Boat RR—See Boa & 92 96 North Shore Electric Co Nevada-Cal Pow 68 1927_A&O -Railway & Light Co Macon 96 93 85 113 80 Newark Gas 60 Apr 1 1944...Q-.1 110 1st g 55 1922 op 1912_ _ _A&O 1st cons g 5s '53 opt '08. J&J 84 90 90 95 1st & ref g 58 '40 op '20_A&O Newark Cons Gas con 55'48J& D Madison Co (Ills) Lt dr Power 86 90 J&D North Shore Gas Co of Illinois— Newark Prue] Ry—See Public Be rv Corp 1st g 5s 1938 82% 85% P&A New Bed Middleb & Brock—See Old Col St Ry let g 59 1937 opt Madison(Wis)G&E g 6s'26 A&O 93 87% North Texas Gas(Jo— 96 New Bedf & Onset 1st 5s'22..I&J MadRivPow let5e'35gu op_ F&A 97% 92 New Brunswick(Can)Pow Co A&O let 6s 1919-1932 bfahouing & Shenaugo Ry& 87 82 94 97 1st NI 5s 1937 M&S Northwestern Elevated (Chic)— & Mah Val 5s '22_M&N 71 New England Elec Securities 1st M 55 1941 opt___NI&S Youngot Sher Ry&L53'31 J&J 80 83 Union El (Loop) Si g'45_Adr0 lst coil tr 59 Jan 3 1932_ _J&J3 Manchester(NH) Tr L & Pow 98 97 Northwestern Pennsylvania Ry New England Power A&O 1st cons 5s 1921 75 73 91 93 1st g 5s 1941 72 M&S 1st m s f 59 1951_______J&J Manhattan El con 4s g'90.. A&O 72 99 Northwest Gas .L&Coke (Chic) 743-i New Eng Tel & Tel 5s 1919_ Adz() Stamped tax-exempt 93% 90% 86 74% Cons g be Dec 1 1928___Q-M 69 49 Jan 1930 J&D J&J 2d g 45 2013 87% 80 93 Cicero Gas gen&ref 55'32 J&J 53 gold Oct 1 1932 ____A&O Manila Elec RR & Ltg Corp 943 92 75 80 N IT & Centrev 1st 15e g'33_M&S Norwich(Ct)Gas&E g 5s'27 J&J 1st lien & col tr g 15s '53_M&S 95 94 96 Norwich St Ry 1st g be '23 A&O New Haven Wat 4%s 1962_130 Sub Ryelst els 194& M&S Manila Oakland Traction Co— N J & Hud Riv Ry & FerryMfrs Light & Heat (Pittsb)— 30 37% Gen con 5s Jan 18'35__J&J18 1st gold 4s 1950 opt____Al&S Mort & colt tr g 68'19-'20A&O 99 80 N J Pow & L 5e 1936_ 97 Oak] Tree C0119 5s 1933—J&J 85 F&A Man'fre Wat (Pa) 59 1939_J&D 62% 94 New London G&E 5s '27__ A&O Oak Tran 1st con s f 58'32 J&J Market St Eley Pass Ry—See Phila It Tran 71 92 2d M 59 1929_ Oak Tran let con g 55'31_J&J Market St Ry (San Fran)—See United RRa A&O 83 88 M&N Consol & refg 5s 1933 _ Ogden Gas 55 1945 Maryland Electric Rys— -903/i New Milford Pow 1st 59'32 F&A 89 . 96% 100" Ohio State Telephone— lst f g guar 5s 1931 red_A&O 86 90 50 60 New Orleans Ry & Light Co— Cons & ref s f 40-55 '44__J&J Bait & Ann S L 5s 1946_F&A 97 100 58% Cony 7s Dec 10 1922 _J&D 59% Massachusetts Electric Cos— Gen M 43-43 g 1935_ J&J 60 35 Col tr 6% notes 1918_ _A&O f 50 Oklahoma Gas & Electric— Ref&gen5s'49op'19serA M&N 88 91 92 93 Massachusetts Gas 434e'29_J&J Penn tax exempt let M g Ss '29 op aft'14_A&0 8534 86 Deb g 434s Dec 1931____J&J OklahomaNat Gas Ser 6s.._M&S Deb g gu Os 1918 opt___J&D Oklahoma RybfcGavock & Mt Vernon—See Nash It y dr Lt Canal & Clalb 1st Os'46.M&N 100 79 85 83 52% 1st & ref g 5s '41 opt'21__J&J Memphis St Ry con g 5s'45_J&J 57% N 0 Cy RR—Gen g 58'43J&J 93% Old Colony Gas 1st 59 1931 J&D N 0 Cy & Lake 5s 1943.J&J March Ht & Lt (Indianapolis)— 50 55 92 88 92 NO&Carroll cou5sFeb'33.J&J Ref g 5s Oct 1 1922 optAdr0 Old Colony St Ry ref 4s '54_3'30 83 Edison El 1st 59 1929__J&J Omaha & Council Bluffs Stay Metropolitan RR—See Wash Ry & Elec 74 80 J&J NO Pow-House Co 5s'41.J&J 1st consol g 5s 1928 Met St Ry—See N Y Rye 11 St Charles St 1st g 49'52__J&J Omaha & Court Bluffs Ry & Br Metropolitan West Side "L" 74 80 I Newp News & Ramp Ry,G & E 1st cons g 5s Jan 1 1928__J&J 1st gold 48 1938 55% F&A 92 88 5034 68 80 Omaha EL&P 5s '33 op '08.J&J 1st & ref 53 1944 J&J Exten gold 49 1938 J&J 893-i 93 60 NewpitNears&Old Pt Ry & El Ontario Pow 55'43 op to'13P&A Mexican El L 1st Mg bs'35 J&J 1 50 95 9734 88 30 let g 54 Nov 1 1938__M&N Mex Lt & Pow 1st 58'33 at P&A 1 45 Deb g 68 1921 opt 1910__J&J Gen g 5s Mar 1 1941__M&S Mich City G&E Se '37 op'10J&J Ontario Transmission Co, Ltd— 81 87 89 84 New Vinmetsurgh & Flatbush- See Bicl yn It T Michigan Light 1st Ss 1946_M&S 1st gu g ISs '45 op bef'16_M&N 00 86 N Y Gas Elea L H & P Co Michigan Nor Pow 1st 58'41.1&J Orange & Passaic Val Ry—SeeP ub Sery Corp 90 91 1st g 58 Dec 1 1948 Mich Ry 6% notes 1919 __J&D 3 70 9334 Oregon Electric RJ&D 65 75 71% 90 92 Per mon col tr 43 1949._ P&A Mich State Telep-5s 1924.F&A -------M&N 1st g 55 1933 opt 73% Ed El Ill,N Y,con g 58'95J&J Michigan United Rya Oro Elec Corp 1st fie '51 op A&O 100 90 1st & ref gold 5s 1936_ _ _ M&N Central Un Gas 58 g 1927.f&J Ottawa Elec let g 5e 1933_ _J&D 95 96 90 95 102 Jack & Bat Crk 1st be '23_ J&J Equitable Gas 5s 1932 Ottumwa (Iowa) Ry dr Light 90 94% J&J 78 Jack Cons Tr 5s 1934__M&N New Amster Gas 5s 1948 J&J 1st dr ref g 5s 1924. 83 95 98 88 Mich Traction 1st Ss '21_J&I NY&ER Gas 1st g 55'44_J&J Ottutn Tr & L let be'21_A&O 91 86 91 Con Mich Trac Ext 1st 5s '23_ J&J Pacific Coast Power 1945 J&J 85 90 63 Middlesex & Boston St RyNY&Westch Ltg 4s 2004_J&J let M g 5s 1940 op 1915_M&S 66 7834 75 80 1st & ref g 4%s 1932 opt..J&J Deb g 58 1954 op guar_J&J Pacific Elec Ry g 55 1942.._J&J 85 North Un Gas /Ss 1927_M&N 90 Middle West U Os Jan 1 '25A&O 90 Los Angeles Pacific Co 86 60 65 92 86 14111vale Etna & Sharps—See P hila Co Standard G L Se 1930__MAN let ref g 481950 opt'15..J&J 83 97 Mil El Ry & Lt-59 1926....F&A N Y Municipal Ry Corp L A-Pee RR con 58'31 A&O 70 45 Ref & ext 4%s g '31 opt_ _J&J 78 7934 let M 5s 1968 L A Pa RR Cal 5s '43_ M&S J&J 97% Gen & ref g bei 1951 opt__J&D 80 Los Aug dc Pas 5s g 1928...1&J n 70' 84 NY & NJ Telep be g 1920.M&N 86% 87 Milw Light, Heat dr Tree N Y & Pa Telep & Teleg Co Pacific Gas & El ref 55 '42_J&J 94 1st gold 58 Feb 1 19213___ F&A 90 1st g Os gu 1929 opt__MdeN 90 Pacific Gas & Elec (Arizona) 83 97% 75 J&J Milwaukee G L 1st 4s '27_ M&N 90% Gen S Fd g 42 Nov '29__M&N 87% 1st M Os Jan 1931 N Y & Queens Elec Lt & Pow Minn Anoka & Cayuna R'ge RR Pacific Gas Imp 4s Sept'30 Q-M 1st 5s 1935 1st cons g 5s Aug 1 1930_F&A 89% 90 93 M&N 95 Pacific Light & Power Corp 90 88% 72 Minneapolis Gas Light 77 NY&QueensGas 1st 55 '34 F&A 1st & ref et g tis 1951 op_M&S 90 93 1st gen 55 Feb '30 op '14 M&S NY & Queens Co Ry 4s'46_A&O Pac L & P Co 1st iSs '42_ _J&J 90 95 Minn Gen El 1st be '34 op._J& D 92 Steinway Ry—Ist g 68'22.J&J Guaranteed 87 92 Minneap St Rys—See TwinCity Rapid Transit New York Railways— • Pacific Pow & L 1st 58'30_F&A 41 79 80 Mississippi Riv Pow 5s '51_J&J 1st R E & ref 49'42 op'16..J&J 433( Pacific Teleph & Telegraph— 94% 93% Mississippi Valley Gas & Elec— 14 Adj inc g 5s Jan 1942 lst&col tr s f g 58'37 op'22.J&J ..A&O / 123 70 85 88 40 Coil tr 158 May 1922 opt_M&N Bleeck St & FF 1st 49'50_J&J 60 Paducah T&L col tr g59'35 Mar N 76 80 77% Parr Shoals Pow Si 1952__Adr0 Missouri Edison El 55 '27_F&A Bway&7th Av Cone 55'43J&D 91 Mo El Lt Eis May 1921_ _Q-M Pub Set Corn Bway Surf RR 1st 5s '24_J&J Paterson Ry—See 77 82 80 Mobile Elec 5s '46 op '10_M&N Paterson & Passaic Gas & Elec CenCroestown 1st 68'22.M&N 90 90 85 90 M&S Mobile Gas 1st 5s 1924.. __J&J Ciarls&lOth St lst48'18A3r0 Consol g fle 1949 80 85 90 92 68 70 Pawtucket Gas 45 1932__M&N Mob Lt & RR-1st g58'37_J&D Col & 9th Av 1st 55'93__M&S 92 90 91 Eighth Av cart bad 68'19.P&A RR-5e'30.A&O Cons g 581941M&S Peekskill Lt & 86 , 90 74 Monongahela L&P as '49.. J&D Pennsylvania Ltg be 1940 _J&J LexAv&P Fy 1st 5sg'93.M&S 1% !Monongahela St Ry—See Phila Co 3 Penn & Mah Vall—See Matt & Shen R y & Lt SecondAy con 3s g'48 gu.P&A f 913f 903, Monongahela Valley Traction Trust Co ctfs of deposit_ 1 1% 3 Penn Wat & Pow a 1158 '40_J&J 83 92 1st M g 55 1942 opt 83 85 South Ferry 1st 59 1919_A&O Penn Public Barr 5s 1902_ P&A 80 Gon rntge 7s 1023 97 100 Si J&J Tar W P & Mam 5s g '28M&S 1 Pensacola El Co 1st Si '31_F& A Montana Power Third Ave—See under "T." People's0 L & Coke, Chicago— 92% 1st &ref s f 55 1943op'18_J&.1 923j 34th St Croset let 5e '96_ A&O A&O 100 let con g6e 1943_ 75 77 Montreal Lt, Ht & Power Co— 55 234 St. Ry. Ss 1962 ____J&J Refunding gold 55 1947_M&S 65 k 87 90 lst&col tr g 438'32 op'12 J&J N Y & Rich Gas bs 1921__M&N Chic G L dr C 1st be '37 _J&J 9: Gold 5s 1933 op 1913......A&O 86 89 1st g 5s'36 J&D Consum Gas NY&Stamf—lst g 55 '31._A&0 Montreal Tramways & Power— lst&ref g4s'58op at'14gu NI& N Ind Nat GdrO g 55'36gu M&N 100 Coil tr 6% g notes 1919 _Ada) 99 New York State Rye Mutual Fuel Gas g 53'47 M&N Montreal Tramways 1st con g 4349 '62 op '13M&N 62 People's Trac—See Phila R T 83 N Y & Suburban Gas—See West chester Light'g Peoria Bloom & Champ Trac1st & ref g Se 1941 opt__ _J&J 92 98 k 97 M&N Montreal St Ry 43-0'22_ F&A NY Tel 1st 4%8'39 tax ex.M&N 89% 90 lst g guar 5s 1936 93 Montville St Ry-5s 1920_ M&N Deb Os Feb 1949 99% 100 Peoria G & E bs'2309 '08.. J&J F&A 8.5 90 Morris Co(N J) Traction N Y Westch & Boa Ry—See St earn It R9— Peoria Ry be '20 to '26 gu_P&A 1st ile J'ne '15 1935__J&D 15 Niagara Falls Pow 5s 1932.J&J 93 102 Peoria Water Works Co 90 03 M&N Morrie&Sornerset Elec5s'40A&O 102 Refg & gen OsJan 1932 A&O Prior lien 55 1948 60 55 M&N Mt Wash St Ry—See Phila Co Niagara Lockport dc Out Powlet con 4s 1948 92 Muncie El L 1st 58'32 op '12.130 87 88 lets g 58'54 tax-exempM&N 92 et 93% Petersburg Gas be 1931___A&O Muncie Hart & Ft Wayne Tr— Norf & Atl Term—See Valty&P Philadelphia Company let g 5s 1935 opt 1925_ J&J Nod &Ports Tr—See Vs Ry &P 1st coil trust g 58 1949__M&S 100 86 88 Norf Ry & Lt 1st 53'49 __M&N 93 94 Muncie&UnCTr—See Ind Un Tr CMS mtg coll tr g 53 151.M&N 9854 97 F&A Municipal Gee & Elec, Roch99 Norfollc St let g Si 1944_ _J&J Cony deb g 5s 1919 91 1st Mg 434e 194209'12_ A&O 87 North Carolina Elec Power 75 Cony deb g be 1922 opt_M&N Municipal Service CoArdmore St bs 1958____A&O 1st sf g 55 Oct '40 op '18 A& 85 90 ' S tr g 5sMar'42op'15M&4 n 80 Central Trac let be 1929_J&J North Carolina Pub Serv Co 86 Muskegon Tr.& Lg.1st 1931M&8 73 87 Citizens' Tree let 5e 1927A&0 let & ref Si 1934 opt._._A&O -82 78 s 90 Muskogee Electric Traction — 73 Sallsb & Spencer 5s'45_ _MtN 87 Duquesne Trac 1st 51'30_J&J 1st s f gold Ss 1934 ....M&N 92 93 Fed St & P V Ss May 1 '42J&J 78 North Cal Pow be 1932 ___J&D Muskogee(Okla) Gas & Elec80 Ft Pitt Trac let 5s 1935_J&D R & cons s f 154 '48 op '15 J&D 1st & ref 55 1926 op '09__J&O M&N Mille Et& Sh 58'23_ 96% 90 95 Nor Canada Pow 6s 1928__J&J Nashville Railway & Light — a 90 Monong St Ry Si g 1928.J&D Northern Illinois Lt &Tree Cons g 58 1953 opt 1908._J&J Wilk&EPit 1st g58'29 M&S 89% 93% 1st M gold 58 1923 guar _J&J 87 Ref awl ext gold 58 1958.J&J Mount Washington St Ry70 74 Northern Ohio Trac & Light 70 Nashville St Ity 59 1925__J&J 80 let & coil tr gu Si 1933.A3r0 85 93 06 1st consol g Si 1933 Edgefield St cons 6e 1920_ J&J Pitts Aileg & M gun 5(3'30A&0 75 80 99 102 1st consol g 43 1933 McGavock & Mt Vernon— F& A 83 let I & ref .5s 1956 863( Pitts & Bir Tr 58 g 1929_ M3r N Bummer St IstM (13'26_J&J 99 103 100 B IC & A Trac Os 1931.1M&S J&D 95 Serial 7s 1919-1928 2d series Os July 1937__J&J 99 105 100 Browns,' Ave 5s 1928_ F&A 96 Nor Ohio con g is 1910. _J&J Nashville Water is 1928_..J&J b 4.80 470% North OntL&POa Apr '31_J&J W Liberty let g be '30_J&J 82 77 Nassau El RR—See Bklyn Rap Tr Pitts & Charleroi 5s '32_ M&N Northern States Power Co Nassau Lt & Pow let 58'27 A&O Pitts Trac 1st 54 1927 ..A&O 89 90 1st & ref 58 1941 A&O SoTrscIst3reoll tr g be'5,15.&0 92 6% 'total 1926 A&O 96 s 00 The 21 lire Tr be 1934 .J&J) 100 F&A15 98 7% notes 1923 'This price includes accrued interest. k Last sale. n Nominal. tin London. a Sale price. min. Minimum prices established on Montrea StocklExchange. - 42 GENERAL QUOTATIONS-PUBLIC UTILITIES [VoL. 108. NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. 818. Ask. Bonds. Bid. Ask. Philadelphia Co. (Concluded)— St Joseph Gas—let 59 1937_J&J Steinway Ry—See N Y & Qu Co Ry United Traction 53 1997_J&J 3 50 St Joseph Ry Lt Heat & Pow— Suburban Gas Co of Philo— West End Trac con 50'38.J&J 81 let g 5s Nov 1 1937_ M&N 96 f g 5sApr l'52op'07_A&O 92 Philadelphia Electric St Louis RR—See Un Rya (StL) Superior Water Light & Pow— 1st M 5s 196S A&O 94 St Louis Springf & Peoria RR 933/i lit 4s May 1931 70 MAN 6% gold notes 1920 F&A 9931 100 70 1st & ref gu g 5s '39 op__JarD 65 Syracuse Gas g 5s 1946____J&J 90 94 Philadelphia Rapid Transit— 90 95 St Louis & Springf tis'33_ J&D Syracuse Lake Shore A Nor 84 Coll tr g 50 1957 opt a f F&A 90 95 89 Spring & N E Tr 58 1936.J&D 1st M g 53 '47 opt '17_M&N 84 S f guar g 59 '62 opt '17_ M&S 89 St L & Sub Ry—See Un Rys (St L) Syracuse Light g 5s g 1951_J&D 823-s Darby Media & Ches St Ry-St L Tram—See Un Rys (St L) Syrac L & P coil Sr 5s '54__J&J 75% 71382 1st 4%s '36 opt '16 git_J&J St Paul City Ry—See Twin City R T Syrac Rap Tr let g Se 1940_ M&S 88 91 Market Street Elev Pass RySt Paul Gas Light— 78 84 2d mtge g 5s 1930 J&J 79 1st g gu 4s 1955 83 M&N 88 92 Goa gold 53 1944 M&S Tacoma Ity & P—See Puget Son ad Elec Union Traction— 83 90 St Petersb (Fla) Ltg 68'45_J&D _ Tacoma Wat Sup 1st 5a '25.J&J Bloc & Pen 4s tr ctts'45A&O 69 70 Salisbury & Spencer—See No Ca r Pub 8 erv Tampa Electric Co 90 Hest Man & F 5s 1924 M&N 94 90 93 87 SairnonRivPow gu 58'52 opF&A 88 1st M g 5s 1933 a f op__J&D People's Traction Co— Salt Lake Term Os 1935 J foc D 80 Tampa Gas Si 1937 opt_ _MAN 80 San Antonio GAR 5s '49 _M&S n 84 90 75 P P Ry tr ctfs 4s'43 P&A Tar W Pi & Ma Ry—See N Y Rys W Phil Pass 2d 5s'26.MAN 100 95 San Antonio Water Supply— 62% Term Pow gu Ss 1962 opt_M&N 60 Philadelphia Suburban Gas dr El 89 let & ref a f 5s '33 op'13_F&A vi 85 Tenn Water 1st 55 1946_ M&S 80 78 1st M dr ref g 5s'60 op'15.P&A 90 92 San Diego Consol Gas & ElecTerra Haute Indianap & East Philo & West Chester Tr— 93 87 1st g 58 1939 opt 1914__M&S 1st & ref LI f g 58 '45 op_A&O Mtge gold 49 1954 96 75 Deb as 1922._ J&J 91 J&D 70 Terre Haute Trac & Light Philadelphia & Western RySand Frem &.So Ry—See Lake Sh El Ry 1st con M g 5a 1944_ __MAN 1st g 5s July 1 1960__J&J 91 98 San Fran G&E 4%s 1933 MAN 89 90 Terre Haute El-5s '29__J&J Pitts Alieg & Man—Sea PhilaCo Not callable 85 l'exarkana 0 & B 59 '30___J&J 90 95 Pitta & Birm Tr—See Philo Co San Fran Oak A San Jose Con— 85 Texas Pow & Lt 1st 5s'37_J&D 89 Pitts & Charieroi—See Philo Co Con 5o May 19 1938 M&N19 100 Texas Public Service Os'33_J&J 98 McK&Con—See W Penn Rys 73 61% F 0 dr S J Re 1st 53'33_10 Tex Trac—lat a f g 5813'7opt JAJ Pitts Teac—See Philo Co 39 2d M g 58 1933 s f .14d Third Avenue Ry (N Y) Portland (Me)El Ss'26 optF&A 92 95 San Joaquin Lt & Pow Corp— 50% 52 . 1st ref g 4s 1960 op aft '14 J&J Portland (Ore) Gas dr Coke— 100 let&ref g Ss'50 Ser A op_F&A 98 28% Adj inc g 5e Jan 1960 op_A&O 1 28 lit & ref g 59 '40 opt '20_J&J 85 90 98 Series C 95 87% 100 Third Av RR let 5s g '37_1&.3 Portland Gas 1st 53 1951 F&A -- --San Joaquin Light & Power— Dry Dock E ilway dc Batt'y Portland (Me) RR 50 let 58 1945 op aft '10_ _J&D 92 93% lit ifs gold 1032__J&D 65 1st con 33s 1951 op '31_J&J n 60 65 Santiago (Cuba) Elec L & Tr— New ref m Ser C income__ 1 1st 1 & con m Bs 1945__M&N n 83 85 let g Os 1959 opt '19 0 J&J 80 85 42nd St M & St N 1st 03 '1 Portland Ry Lt dr Power Sao Paulo Tram L & P,Ltd— Ext at 5% to 1940__M&S 1st A ref a f 5s 1942 op_ _ P&A 75 80 k 80 1)5 55 litg tie June 1 1929J&D Sou Boulev g Sc 1945___J&J Porti'd Ry ref lis '30 op_ M&N 75 80 Savannah Elec Co 5s g '52_J&J 63 57 28thJ2e5h St5s196 ars A&O City & Sub con 4s '30_J&D Sayre(N Y)Elec fis 1947__A&O 70 75 85 75 Union Ry 1st 5sk 1942._ FAA Pert Gen Elec 1st 5s 35-I&J Schenectady Railway Co— 50 60 . Westchester El let 5s g'43.1 A.1 Portland (Me) Water 4s'27F&A 92 94 70 at M 5s 1946 op '19___M&S 85 88 85 Yonkers Ely lot Sc 1946_ A&O Porto Rico Rys, Ltd Schuylk Trac—lst 58 1943 A&O Thirty-fourth St Croestown—S ea N I Rys. 1st g ISa Nov 1 1936 op. MAN lc 80 Scioto Vail Tr 1st 5s 1923 M&S 92 96 Tide Water Power— Porto Rico Telep 6s 1912_ _J&D 90 94 Scranton Eiec 5s'37 opt '12.J&J 94 98 FAA 93 98 Gen M Os 1920. k'otomac El Pow 58 '29 op_ J& D 95 80 Scranton Ry—let 53 Nov'32J4rJ 85 Toledo Bowl Green & Southern Cons M g 5a 1936 guar _J&J 93% 93% 90 Gen g 58 1920 opt M&N 85 lit g Si May 1 1921_ M&N 6734 Deb gold 6s 1925 95 99 J&J 93 Scrim Trac lot 6s g '32_M&N 98 Tot From & Nor St Ry—See Lak 0 Sh Ei Ry Gem /Mee 6s 1923 J&J 97 98 Scran & Curb Tr let Sc '23J&J 93 93 45 Tol G E & H con lit gfis'35 A&O Prescott G dr El 1st 6s '40_ _J&J 87 95 Seattle Elec let g Sc '30 op FAA 90 95 93 Toledo Home Telep lis 1922.J&J Prey. Secur.—see Steam R.R's_ Con & refg a f 58 1929___F&A 85 90 Tel & Indiana let 5s 1931_J&J n 90 Public L A Pow 1st 5s 1945F&A 80 82% Seattle Ry 5s 1921 opt_ _ M&N 95 98 Toledo Trac Light & Power Public Service Co of Nor M— Seattle-Everett Traction J&J 08100 1st lien 7s 1920 . I44 dc ref g 53 1950 op'21_Adr0 87 88 1st M g 5s 1039 op '14_ _M&S 80 85 2nd lien cony 73 1921___J&I 100 105 Public Service Corp of N J— Seattle Ltg lot 59'44 op 10_M&S 92 87 36 Tot & West Ely let g 50 '20_J&J Trust cents 0% perpet__M&N 84 88 80 85 Ref g 5s 1949 opt 1914__AStO 92 Topeka Edison Sc Sept '30_J&J 5% notes 1919 98 99 M&S Second Ave—See N Y Rys 87 92 Topeka Ry-5s '30 op '15__J&J Gen g 5s Oct 1 1959 op_ _A&O 78 80 Second Ave Trac—See Philo Col Toronto Ely 4%e '19.'21__F&A Camden Sub 1st 58 1946..J&J 92 95 Seneca Power Corp Os '46_ M&S 90 98 94 97 Trenton G Jr El g 58 1049._M&S Cons Trac 1st 5s 1933 J&D 90 93 Sharon & New Castle Ry— 80 Trent St Ry—con g Ss '38 __J&J Elie Plaint & Cent Jer Ry— lit g Bs guar 1931 J&J Trent Pass Os Sept30'31 A&O 100 lit g 50 Dec 1 1950 76 J&D Shawinigan Water & Power Tr -City Ry A Light— Elizabeth & Trent 58'62 A&O 76 80 6% con g notes Dec 15'19 J&D 102 AAO 97 Coll Sr a f g 5s 1923 1923 J C Hob A Pat 4s 1949_M&N 60 65 Shrevep Rys—lst 58 '19-'44J&J 90 83 86 1st & ref g 5s 1930 opt_...j&J Newark Pass con 5s '30_ _J&J 92 95 Sierra & San Francisco Power— Troy City Ry—See Un Tr (Alb) Newark Term Ry 53'55_J&D 90 let g 58 1949 opt.. 80 FAA 85 FAA 100 101 Troy Gas 2d Os 1923 N Hud Co Ry cons 58'28-Lit.1 91) Sioux City Service Co MAN 100 101 Consol 55 1939 2d 5s ext to 1924_.._M&N 85 1st A ref a f g 5s '28 op_ J&J 28th & 29th Sts—See 3d Ave Ry Nor Jer St Ry 4s 1948_M&N 60 65 Sioux City Tr 1st 5s 1919 Jdc.1 23d St Ry—See N Y Rys Or & Pass Val 1st 5s '38_J&D 85 Somerset Un At Middlesex Ltg— Twiu City Rapid Transit Co— Paterson Ry—Conesg'31J&D 100 -- Mtge g 4s Dec 1 1943_ __,J&D 65 96 St Paul Cy—lat g fie'32A&0 2d fis '11 ext 5% to '44A&0 98 - - So Bend dr Mishawaka Gas-96 let cons Os g 1934____A&O 11 Tr St Ry 1st M as g'21A&O 95 Cons g tis 1926 opt 1908__J&J, 85 Cable con 5s g 1937 _J&J15 Riverside Trac 5s 1900_J&D 76 30 South Carolina Lt Pow & Ry— I J&J Guar g 5s 1937 So Jersey Gas El & Trac— lotf g Sc 1937 opt__ _ _MAN 75 85 Minn & St P Sub 5s '24M&S Guar g 5a Mch 1 1953 M&S 85 88 South Coy & Cin St Ry-See Cin New & Coy Ry Minn St & St Paul City— Pashto A Sub Tr & Ltg— South Ferry—See N Y Rye 90 Cons guar g5s 1928__A&O 93 lit s f 53 1922 93 98 A&O South Jar G E & T—See Pub Sex Corr) Twin City Telep Si 1920_ _J&J Puget Sound Power Co— South Sh & Bos St Ry—See Old Colony St Ry Twin States Gas & Bloc— let g gu 5s 1933 opt_ _ _J&D 8S 93 So Side El 4%a 1924 op '10_J&J 70 77% 79 let & ref 53 Oct 1953___A&O 80 Puget Sound Tr L & Pow Sou Yuba Wat—Con 63 '23..T.A.1 102 _ _ Underground Elec Ry of London 7%:a f g notes 1921_ _J&D 98 99% Southern Bell Telep & Teleg77 J&J 4%s Jan 1 1933 Puget Sound Electric Ry 1st e f g Se 1941 op '16___J&J 92 93 I 85 . Income 6s Jan 1 1948 1st consol g 5a '32 op_ P&A Sou B'vard—See Third Ave Ely 85 78 Union Depot—See United Rya St Lou Is Tacoma Ry&P 5s '29 A&O 84 Southern California Edison— 79 Union El Lt & Pow Co of St L— Quebec Ry L H & Pow— Gen g 5,3 Nov 1939 opt _.J&J 87 91% 92 let g fis Sept 1 1932____M&S Cons N 58 1939 opt 00 J&D Cony deb 6sMar15,'20 M&S15 96 100 Ref&ext Se 33 op aft'18_M&N 82 Queens Borough (NY) Gas & El Gen & ref 2-yr Os 1919_ _J&J 93% Union Files' RR—See Northwest Elev 993-i Gen M gold 58 1952 J.,10 Gen A ref g Os 1944_.FAA 98 Union Ely—See Third Ave fly Quincy (Ill) Gas Elec & Heat— ISouth'n Counties Gas Co of Cal Union Ely Gal & Bloc Co Hill— let cons g 5s 1935 op'10_M&S I 1st g 5%s May '36_ MAN 85 90 Col tr g 5s 1939 cony op_J&J Quincy 0 dr E 5s 1929M&S 6% notes Dec 1919 J&D 97% 99% 5% notes 1019 _ A&O Racine (Wia) Water 5s'31.M&N 82 87 Southern Ills Light A Power Union Trac Co of Indiana— Rap Tr St Ry—See Pub Ser Cor 1st M Os 1931 op.. 96% 98% JAY 75 lit g 5s July 1919__J&J 85 Reading Trac 8s 1933J&J 100 102 Southern Light A Traction— 63 Indianap North'n 5s 1932 J&J 60 Read& Worn--lst 58 g '23 J&J 90 95 CoIl g 5s 1949 opt __ _ _M&S Union Utilities 5s 1944 op J&J Rhode Isld Sub 40 '50 J&J 60 70 South N E Telep 1st 58'48.J&D 98 United Elec Lt & Power, Bait— Richmond (S I) Lt & RR South Ohio Tr—See Chi Day & Tot Tra ct lit cons g 4s 1929___M&N 87 89 1st coil tr g 4s 1952 Mrs 53 Ssethern Pow 5s 1930 opt _W168 88 92 Umit Elec Co of N J 4s'49-1&D 71 73 Rio de Janeiro Tram L & P— Southern Sierras Power— United Electric Securities Co— lit g as 1935 83 J&J let if g gu Os Sep'30op'18 J&J 95 98 Cell tr g Ss 1933 to 1943_ FAA 87 90 Riverside Trac—See Pub Seri C out Southern Trac—See Phila Co United Fuel Gas 6s 1936__J&J 95 97 Roanoke W W 65 1930_ 92 J&J 95 Southern Utilities 6s 1933_A&0 83 85 United Gas A Elec Corp— 3% notes 1919 MAN 97% Southern Wise Pow 5s '38_ A&O 96W. Coll tr e f g Os 1945 A&O Roch G&E 2d 43-3'20op'10M&S 96 Southwestern Gas A Electric United G & E of NJ 1st 51'22_J&J [loch Ry & Lt 59 '54 opt _J&J 88 90 1st & ref of 59 1932 opt _ _F&A 81 86 Wilted Gas A El(S11) 59'32..J&J 95 100 Tax exempt 88 90 Southwestern Power & Light— J&J United G & F Os 1923 Rech Ry cons 5s g 1930_ A&O 91 let lien .53 1943J&D 83 United Ilium Co New Haven— 87 2d 5s g 1933 J&D Southwest MI8301111 RR— 90 let 4s Feb 1 1940__PAA 90 863Roch Syr & B let 5s 1945_ MAN Gan & ref 5s 1931 M&S United Light & Rys— Rochester Telep 1st g 55'20.J&J 90 13 W Me El Ry ref 5s 1923_MJcS let & ref g Sc 1932 op__J&D 86% 88 Gen 58 1933 A&O 64 Spokane & Inland Empire RR MAN Cony deb 65 1926 80 90 Rockford (Ill) Electric Co— 0.1 let A ref g 53 1926 opt.. MAN 65 70 6% gold notes 1920 opt_ _J&J 98 ist & ref a f 5s'39 op"14 M&S n 87 92 SpringlIeleWater-5s g'26.A&O 95 98 6% g notes1920 Ser AM&N 94 98 Rockford & Inter-Urban Ry— Springfield (0) Lt Ht & Power— 7% notes Apr 1 1923 95 98 lit g 58 1922 op 1907 A&O 80 87 lit sfgss 1929 op 1914_ FAA United Power & Tran— Rockford & Freeport 1st g gu Gen & ref 58 1933_ A&O Del Co & Phi Sr ctts4e'49 J&J n 51) 60 Si 1923 op aft Feb '10 MAN 80 37 Sprint & N E Tr—See St L Spri ngf & P aorta— United Rye tr etre 4s '49 _J&J n 50 58 Rock B & J 1st g 5s'3OgnA&O 80 87 Springfield (Ill) Ry & Lt Co— United Public Utilities (Del) Rumford Falls Pow 45 Octl 1945 f Coil Sr g 5s 1933 opt_ J&D 70 85 let Os 1943 _J&J 87 Rutland RyL&P 1E453'48 M&S 05 Springfield (Mo) Ry & Lt Co United RRe of San Fran— Sacramento Elec Gas dc Ry— 1st o f g Ss 1920 opt__ __ M&N 75 80 23 S f g 4s April 1 1927.. _A&O 37 Cons 5s Nov 1 1927____MAN 96 7% notes 1921 _ Un Tr Co NY ctfs de_ 213j 2531 Sacramento Gas 6s '19-40_A&O Springfield(0)Ry lit 5s'35M&S Interchats UnTrS14 1q Tr 1& 21% 25 Saginaw-Bay City Ry1st m 5s 1919-1935 __M&S BMW 04% 723 Market St con g 59 1924_ M&S 1st Jr ref g 5s 1935 M&S 82 Spring Val Wat ref g 4s'23_J&D 92% 93 Unit Rys & Bloc (Baltimore)— Saginaw Val Tr 5s 1920_ FAA Standard Gas & Elac of Delaw— let ceasol g 4s 1949._ __MAS 73% 733% St Charles St RR—See N Or Ry & L Cony a f g Os 1926 opt _ _ D 94 52 100 Incomes g 4e 1949 op '29 JAB 52% St Clair County (III) Gas At El 6% gold notes 1935_-__A&0 81 Inc funding g 59 1936.A.IrD 80 75% 70 1st cons guar 53 1959 _ MA's 70 80 7% gold notes 1921_ _ _ _ M&S 98 100 b Basis. I This price includes accrued interest. k Last sale. tin London. n Nominal. s Sale price. vain. Minimum prices establ shed on Montreal Stock Exchange. FEB., 1919.] 43 GENERAL QUOTATIONS-PUBLIC UTILITIES defaulted bonds. NOTICe.—All bond prices are "and interest" except where marked "1" and income and Bonds. Bid. Ask. Bonds. I Bid. Ask. Stocks. Par. Bid. Ask. 98% l _lol k 92 Cleveland fly Winnipeg El—lot ref Ss '35 J&J Unit Rys & Elec (Bait) (Cana) Cleve Southw & Col Ry.. 90 Wisconsin Edison Co 8% cony notes 1922___F&A 100 Preferred 93 90 MAN Conv deb Os 1924 90 95 6% cony notes 1922___F&A 28 25 100 Colorado Power Wisconsin Gas & Electric Bait Sparrows Pt & Ches100 95 100 Preferred 84 80 90 lit g fis 1952 opt 1919___J&D 89 1st g gu 4e4s 1953___F&A 403e Columbia Gas & Electric......100 x 40 100e1 Wisconsin Minn Light dc Pow 100 Bait Trac Co 1st M bs'29_M&N Columbia (SC) Ry Gat & El 100 89 85 let & ref Se 1944 op '19_ MAN 1003. No Bait Div 1st Se'42_J&D 100 100 Preferred Worcester &Conn Eastern fly Cent Ry con M g 581932_ MAN 100, 20 17 71% Columbus Ry Pow & L cem_100 __ . ! let s f g 4%s 1943J&J Ext & imp Sc 1932_M&S 100 80 75 Preferred A100 65 100 Wore Con St Ry 43s 1920.M&S 1003. City dc Sub 1st be 1922_J&D 40 35 100 I 70 Preferred B F&A lot & ref g 4e4s 1930_ Lake Ito El 1st Ss '42 M&S 100 25 Commercial Union Teleg(gu).25 d 18 MAN ii 80 Deb g Se 1927 Untt Rye(Phtla)—See Unit P &T 114% -Edison Co_100 114 Commonwealth Wore & Clint 1st g Se '19.. United Rys of St Louis— 21 19 83 Com'ith Pow Ry & L cem__100 Ext at 7% to Jan 1921_ 50% 50 Gen g 4s July 1 1934____J&J 43 Preferred 70 Worc&SouthbStRy4 eis.22MAS Cass Av & F Gds 1st be 1912 40. 10 94IWore & Web St Ry 513 '19_J&D Coney Island A Bklyu RR _160 85 Ext at 4%% to 1922__JdcJ 76A 72 100 Power pref Connecticut E Yonkers Ry—See Third Ave Ry Lindell Ry 1st g be 1911 49% 47 Connecticut Ry Jr Lighting_100 97 York Haven Water & Power— 0 exten at 4%7 to '21_F&A 52 49 100 88 Preferred 84 J&D lot lis June 1 1951 Compt HUD&M Per Os '13 105% Cons Gas, E L & P (Balt)__100 105 77 MAN 95 2d 6s May 1 1924 Ext at b% to 1923__ .J&J Consolidated Gas (N Y) See under N Y City 50 Cons M be May 1 1957_ MAN St Louis RR (B'way) Ss .oo - Consolidated Gas (Pitts) pf_ 50 d 87 94 , York Rys—let Mg Ss 1937 opJ&D ext at 4%% to 1920_M&N Cans Tree of N J—See Pub Serf Corp Youngstown & Ohio River Union Dep cou 68 g 1918_ J&D 80 70 94 Consol Water (Utica) corn.._100 88 97 let M g Se 1935 opt '15_ A&O L & Sub let Se g 1921 F&A SO 70 100 60 Youngs-Slaaron Ry & L—See M ah & S Ry dr L 5% preferred Gen g Ss Apr 1 1923 gu Adc0 103 50 7% preferred (Teronto)___100 100 46 42 Zanesv Ry LAP—See Col New & Zane ovine StLouts Trans Co5s1924 A&O 150 Gas Consumers' United Rys Investment Cq— 80 77 Consumers Pow (Mich) pref.100 69 55 PUBLIC UT1L STOCKS Par. lit lien coil tr s f g Ss '26 M&N Gantlet Pass Ry—See Phila R T 90 86 S Pub Serv let 6s '27__F&A 30ei 20 15 Canab'I'd Co (Me)P di Lt_ _103 _100 Elec Power Adirondack U S Telephone— 60 100 71 76 Preferred 100 Preferred 100% 99 J&D let 7s Dec 1 1921 95 87 Deny Champ & Dec_pref_100 RR corn....100 Albany Southern United Traction (Albany)— 30 22 100 Dayton Power de Light 100 82 87 Preferred M&N Deb g 4%s 1919 80% 77 100 Preferred 43 40 Allegheny Tree—See Phila Co Con g 4s 2O04....J&D common_100 Dayton & Western 100 43 3( 40 Amer Cities Co corn Tax-exempt 50 100 2 _.., Preferred 100 82 85 Preferred Albany Ry con M Ss g '30 J&J iii - ; Denver Gas & Elec pref_ _100 9 14 1 0 Amer Dist Teleg (N Y).. _100 85 80 J&D Gen g Ss 1947 11 40 'Denver & Northwestern Ry_100 30 100 Amer Diet Teleg (N J) 96 94 WTurn&RII. 1st g Os '19 M&N 100 103 50 d 100 Denver Union Water Amer Use & Electric 96 94 6s 1919.._____ M&N 2s 111 100 110ei 45 Detroit Edison 50 ci 43 Preferred 82 80 Troy City Ry Ss g 1942_A&O 89 80 61 50 Detroit United Ry Amer Gas of New Jersey___100 Unit Tr (Pittsb)—See Phila Co 80 0 07 _5 235% Dominion Teleg (Canada) 100 100 233 Amer Light & Traction 86 United Tr& El(Prov)58'33 M&S 40 25 100 Duluth Edison Electric 100 99 100 Preferred 92 86 United Util let 6s'43 op'18 J&J 67 100 60 Preferred 56 100 Amer Power & Light 65 Utah Gas&Cokelet5s'36 optJ&J 35 27 78 76 Duluth-Superior Tree Co.....100 100 Preferred 78 74 Utah Lt & P cons g 4s '30_J&J 100 5 d 1 Preferred Optional warrants 1921 Utah Lt & Ry (Salt L City)— 8 Duquesne Light—See Phila Co_ d 4 1931 Optional warrants Cons Ily & P let Se '21__J&J 100 20 Eaeteru Penn Rys corn 100 Amer Public Utilities 89 88% Utah P dc L lot So 1944._ F&A 33 100 East Read'g EI—See R'd'g True 38 Preferred Utah Securities Corp 70 60 East St Louis & Suburban _100, 90 Dividend scrip 89 Sept 15 1922_ M&S 6% notes 100 5 Preferred 50 d 3 92 90 American Railways Co Utica El L & P let Ss 1950_ J&J . ,Edison Elec Ilium (Boiton)_100 166% 165— 100 Preferred 93 87 Utica Gas&El ref&ext Bs'57 J&J 62 !Eighth Ave RR—See N Y Rye ! Wag & Cable guar __100 56 Amer Utica dr Mohawk Valley Ry85 75 99% 100 Amer Telep & Teleg 80 99X !Electrical Securities prof......100 70 M&S 1st g 4 eis 1941 _ __ _ 10 100 2 5 Electric Invest Corp 100 100 90 Appalachian Power Utica Belt L 1st g Ss '39 M&N 55 100 20 Preferred 10 100 100 Preferred 90 J&J 2d g Se 1931 4% Elec Storage Bat—See Ind. de M isc. Coo. 2% 100 Arizona Power 90Ye Valley CountiesPow Ss'30_MAN 30 20 Elizabeth Gas Light_20 d 70 100 Preferred Ventura CoPow let tis'36_MAN 97 :Eliz & Tree RR—See Pub Sere' Corp 95 100 94 Arkansas Val Ry L & P pf 96 Vermont Pow & Ltg Ss'27_M&S 95 88 !Elmira W L&RRlet pf v I C_100 100 Augusta-Aiken fly & El_ 85 78 Virginian Pow let Ss 1942_ J&D 80 !El Paso Elec Co common_ _100 100 Preferred Virginia Ry & Power 82 1. Preferred Aurora Elgin & Chicago.....100 82 79 1st & ref g Ss 1934____ ._J&.1 65 0 5757 0 3 :Empire & Bay State Teleg 10 85 Preferred 80 Norf & All Term tie '29 MS_ ,Empire DistrictElectric_ _100 1 Bangor Ry & El common...10n 79 77 Norf & Ports Tr So '36_ ...Lid) 100 I Preferred 100 Preferred Wash Alexandria & Mt Vernon 100 95 9c 'Equitable 111G L (Phila) D1_100 7c 50 d Bay State Gas 75 70 M&S let a Ss 1955 opt 120 100 110 Essex & Hudson Gas 35 28 Bay State St RI lot prof.. 100 Washington Bait & Ann El Plana it T 130 Fairen't Pk & Had Pass Ry—See 83% Bell Telephone (Canada).._ 100 82% 1st M bs IVIch 1941 op....M&S 185 100 180 Fall River Gas Works Birm Ry Light A Power____100 99 98 Waiden(DC)Gas Se 1960.M&N 11 8 Federal Light & Tree com__100 100 Preferred Washliegtou-Idalio Vat L & P— 43 40 0 100 60 Preferred0 50 d 55 Blackstone Val Gas & E MAN ist g Os 1941 Federal Utilities 90 85 100 Preferred 70% 70 Wash Ry & El g 40 1951---J&D 40 30 100 Preferred 96% Bleack St & Ful Fy—SeeNYRye 90 .T&I General es 1923 Ft Wayne & Nor Ind Trac....100 Bloomington & Normal Ry & Auacoat & Pot Ss 1949__A&O 100 95 Preferred 85 100 guar L prof Guaranteed 45 35 70 Franklin Telegraph (guar)__ 100 69 Boston Elevated RR corn......100 88 City & Sub bs g 1948___F&A 25 20 95 97 Galveston-Houston El Co___100 100 Preferred 98 96 Metropolitan let Ss 1926 FAA 65 60 ..100 46 Preferred.. West End Street Ry com..50 d 45 Washington Water Power Co— 75 Gas de Else of Bergen County100 54 50 ci 52 Preferred 8% 92 95 Consol & coil tr g So 1929_J&J 3 Gas & Electric Securities. 100 1 Boston Suburban Elec_(no par) d 95 92 1st refg g 5s 1939 op____J&J 100 11 Preferred 7 (no par) d Preferred Waterloo Cod Falls & No Ry— General Electric—See Iud. & M lac. Cos Boston & Worcest glee_(no par) 53 let M 9 f g Se 1940 op '15_J&J f 45 100 30 General Gas & Electric (no par) GI & RR—See Uu Tr (Mb) Preferred Watervliet Turnpike _100 Cumulative preferred 51 50% 100 Brazilian Tr L & P Ltd Westchester Elec—See 3d Ay Ity Convertible preferred____100 90 Biway & 7th Ave 11R—See N Y Rys 97 Westchester Lt let g ss'50_J&D stmpd_100 20 Georgia Ry & El Co 19 100 85 Brooklyn Rapid Transit 90 N Y Sub Gas—let g6e'49M&S 74 70 100 14 , Preferred 10 d 11 Brooklyn City RR West Cheater (Pa) St RI— 8 6 90 Georgia Ry & Power corn......100 80X 100 Brooklyn Union Gas 70 F&A 80 M g be Aug 7 1932 71 69 First preferred100 100 106 Buffalo General Electric.. El West End St—See Boston 11 9 100 85 Second preferred 75 Calif Bloc Generating, pref_100 West End St Ry—See Boston El 1_7 90 25 ;Gold Sic Stock Teleg (guar) 100 10 100 90 Calif fly & Pow prior pref Westerly L & P Ss 1937J&D 95 _.— 'Grand Rapids Ry preferred.100 60 Calif St Cable RR(San Fran)100 Western Light & Power— 25 d 24 Hackensack Water 75 1925 y See P S Corp MAN 80 Camden&SubR let s f be 25 d 24 Preferred Canadian General Electric_ _100 102% 103 Weseern N Y & Pa Trac50 d 42 -4:1-85% Harrisburg Lt & Pow prof 84% Capital Tree (Wash, D C)_..100 1st de ref g Ss 1957 op '12_J&J 205 Light__ __100 200 Hartford Electric 33 30 Western N )( Utilities Carolina Pow & Light, core.. 100 41 25 d 38 Hartford City Gas Lt cem 88 78 prof 100 J&D 75 80 Cent Arkan Ry&LCorp 1st g Ss 1946 42% 25 d 40 Preferred Ceut Crosst RR—See N Y Rys W Ohio fly—lot 5s 1921__ MAN 103 Havana Elec Lt & Power.....100 Elec._..100 101 Cent Hudson Gas & Western States Gas & Electric 100 Preferred 86 90 Coat PkINT&ER, RR—See N Y R ye 1st & ref Ss 1941 opt__ 55 45 100 118 Holyoke Street flyF&A 89 93 Central & South Amer Teleg.100 115 6% notes Feb 1927 13 0 25 Houghton County Elec Lt_2 d 18 20 16% 89 90 Central States Elea Corp.....100 Western TAT Col tr g159132.J&J 19 Preferred 66 60 100 93% .._ .._ '38..&SO Preferred West Un Teleg Coll tr Ss 20 10 Houghton County Tr cora__100 Ye 1 86% _._ Chic City & Concom part ctfs(t) ci 00 90 Fdg & REM 4s g'50.M&N 65 60 100 Preferred 9A (no par) if 8% etre _ a %to'41M&N Pref partic MntUnfis ext at !Houston Gas & Fuel prof......100 100 Northw'n gu g 4s 1034..J&J -giji, _Chicago City Ry 115 100 110 3 'Hudson County Gas 1 Chicago Elevated Rya corn Western United Gas & Ei— 22% 20 18% !Illinois Traction common 100 91 Preferred 95 letkref 68 g 1920 to '50 F&A 71 64 100 40 I Preferred 35 Rye partic ctfa ser 1_ Liberty St fly—See Phila Co ,Chicago West 25 00 15 Power Securities_ 100 a 85 8% Illtina & 8 I Series 2 West Penn Power— 95 2 I Preferred 85 89 I Series 3... let M 5s '46 op '21 SerA M&S 100 Lighting 1 ;Indiana J&D 98% 100 I Sedge 4.. let M Os 1958 Ser C -a 30 'Indiana Rye & Lt common__100 Chicago Sub Gas & ElectrIc..100 West Penn Railways Co 96 Preferred AA0 100 ' Preferred 1st g Ss Jan 1 1931 9° 110000 Indiana Union Traction Chris is 10th Ste 1111—See N Y Rye Pitts McKees & Connells RR -- iei SO d -;5i — Indianapolis Gas 73 72% 89% Cincinnati Gas A Electric.. 100 let cons g Se Jan 1 '31_ _J&J 85 100 Inclianap A Southeast Tr pf_100 ___ __ 98 100 Cincinnati Gas Transp West Penn Tr 1st as 1960_J&O 65 100 Indianapolis St Ry Co 35 Cincinnati A Hamilton Trac.100 W Phila Pass Ry—See Plata ItT 90 85 __100 Indianap W W Sec, prof. 60 100 80 85 Preferred Whatcom Co Ry&Lt 5s':35M&N 53 Coasol Corp•t c_.. tt) i 5 713 Interboro 70 Cin New id Coy Lt & Trac 100 Wheeling (W Ye) Elec Co 19 18 ei 100 61 I Preferred 60 100 MAN n 85 90 Preferred 1st M 5s 1941 opt 100 85 Internal Ocean Tette (guar).100 48 SO d 47 80 88 Cincinnati Street Ily___ Wheeling Tree Ss g 1931___J&J 80 International Trac (Saffalo) 100 93 Clucin & Salm Bell Telep....50 d 76 96 Wilkes-BarreG&E 58'55opt..1&J 4 % preferred 298 100 295 Cities Service Wilkes-Barre & Hazleton RR— 80% ! 7% preferred 100 Preferred 30 793-i lot coil tr g 5e 1951__M&N la f 28 19 118 10 d Inter-State Rye preferred 03 97 Citizens' Pass Ry—See Phil R T Wilkes & Wyo Val—Se '21 A&O 20 10 Jacksonville Traction cora 100 Citizens Trac—See Plata Co Wilkinsb & E Pitts St Ry—Sae Phila C o 50 40 100 i Preferred 82 JAJ 90 City Pass Ry—See Reading Tr Willapa Bloc Os 1923 10 _100 105 'Jersey Central Traction 70 85 City Ry (Dayton, Ohio). _100 g53'39F&A Williamept Gas—let 100 95 _100 Preferred_ . ... Wilmington (Del) Gas Co &-Eastern ilit MO Cloy Paineev80 85 1st & retota lie 1949 op_M&S cent, also pays accrued div. b Basis. d Price per share, not per cent. I This price includes accrued int. k Last sale. n Nominal. •Per a Purchaser y Ex-righte. (t)Without par value. min.Minimum prices established Montreal Stock Exchanges. oUar value. a t4fees !vire • 98 44 GENERAL QUOTATIONS—PUBLIC UTILITIES Stocks. Par. Bid. Kentucky Securities Corp_ _100 Preferred _ _ _ _ 100 _ Keystone Telephone_ ___ _50 d 10 Preferred__ _50 d 47 Kings County Elec & Pow _100 Kinloch Long Dist Telep_ 100 Laclede Gas Light 100 80 Preferred • 100 Lake Shore Elec common _ _100 13% First preferred 100 Second preferred 100 Lancaster Co(Pa)Ry&Lt pref 50 d 40 Laurentide Power 100 603% Lehigh Power Securities__(f) d 734 Lehigh Valley Transit corn 50 d 14 Preferred 50 d 24 Lincoln(Neb)Gas dr El Lt....100 Little Rock Ry & Elec 100 Preferred 100 Lone Star Gas 100 s 172 Louisville Home Telephone_100 Louisville Railway Co 100 Preferred 100 Lowell Electric Light 100 150 Lowell Gas 100 161 Mahoning dr Shen Ry dr L, pref_ 84 Manhat Elev Ry (N Y)._ _ 100 84 Manufac Lt dr Ht., Pittsb_ _ _50 d 49 Marconi Wireless Tel of Amer_5 d 4 Mass Electric Companies 23% 100 Preferred, stamped 14 100 Massachusetts Gas Cos._ 100 S23% Preferred 100 70 Massachusetts Ltg Cos corn _(t) d 7 Preferred 72 100 Memphis Street Ry corn......100 Preferred 100 Mexican Light dr Power ...._100 20 Mexican Northern Power......100 Mexican Telegraph 100 157 Mexican Telep Teleg 10 d 76c Preferred 10 d 1 Mexico Tramway Michigan Light pref 75 Michigan State Telep pref le', 65 Middle West Utilities 24 1001 Preferred 100 513% Milw 'gee Ry dr Lt pref___ _100 83 Mississippi River Power__ ..100 10 Preferred 100 38 Mobile Electric pref 100 a Mohawk Valley Co 55 100 Monongahela Val Tr 25 d 13 Preferred 25 d Montana Power 71 100 Preferred 100 104 Montreal L H & P Cons x 8434 Montreal Telegraph 40 Montreal Tramways corn___100 min. Montreal Tram & Pow Mountain States Tel & Tel...100 100 Municipal Gas(Albany)____100 110 Muskogee Gas dr Electric.___100 Preferred 100 a 85 Narragansett Electric 50 d 653% Nashville Ry & Light pref__100 National Light,Heat dr Pow.100 2 Preferred 100 25 Newark Consolidated Gas 100 80 New Bedford Gas & Elec 100 1673% New Bedford dr Onset Ry 100 15 New England Co corn 100 n 35 First preferred 100 88 Second preferred 53 100 New England Power, pref_100 92 New England Tel & Tel___ _100 90 New Haven Gas Light 25 d 34 New Haven Water 50 d 76 New On Rys & Light Co_ _100 A Preferred 100 New York City—Conso Gas100 9234 N Y Mutual Gas Light__ 100 100 New York Railways 100 Bleecker St dr Fult'n F'y__100 15 Bway & 7th Ave guar_ ___100 65 Central Crosstown 7%___ 100 Christopher de Tenth Sts_ 100 Eighth Ave 100 i(15 42d St dc Grand St Ferry _ _100 Ninth Ave guar 6% 100 Second Ave 100 Sixth Ave. 100 70 Twenty-third St guar_ _ _100 N Y & Richmond Gas 100 n 10 N Y State Rye common_ _ _100 12 Preferred _um 35 Niagara Falls Power corn_ _ _100 82 Preferred 983% Norfolk Railway & Light..... 25 d 20 Northampton (Mass)St Ry.100 _. Northern Calif Power Cons_100 20 North Ohio Elec Corp, corn (t) d 13 Preferred 100 55 188' Ask. Stocks. Par. Bid. Ask. Stocks. WoL. 'OS. Par. Bid. Ask. 27 80 103% 50 98 140 85 89 Northern Ohio Tr Ac L pref _100 88 Richmond Light & RR 15 _100 Nor Ontario Lt & Pow coin.100 11 15 Roch Ry & Light 5% prof_ _100 65 Preferred 52 100 57 7% preferred 90 100 Northern States Power 60 100 62 St Jos Ry Lt Ht dr Pow pref_100 Preferred 90 100 92 San Joaquin Light & Pow_ _100 Northern Tex Elec Co corn _100 53 58 Preferred 70 100 75 Preferred 70 75 Savannah Electric Co 100 1% 4 100 Northwest Electric 100 20 10 Preferred 15 100 Preferred 100 ----19 20 813% Scioto Valley Trac corn__ 100 Northwestern Teleg(guar) 50 d 40 50 First preferred 100 95 100 Ohio Cities Gas 25d 413% 42% Preferred 72 100 78 42 Preferred 100 83 84% Scranton Elec, pref 100 a 61 Ohio Fuel Supply 25 d 43 45 Shawinigan Water & Power_ 100 115 1153% 834 Ohio Gas dr Electric pref_ - _ - 100 85 90 Somerset Un & Middlesex Lt100 60 70 Ohio State Telephone 100 30 South Calif Edison corn....._100 82% 85% 28 Preferred rr 93% 100 95 Preferred _100 97 102 Ohio Traction—Common._ _ 100 7% South dr Atian Teleg (guar)....25 d 16 22 Preferred 40 Southern New Eng Telep _100 115 116 Oklahoma Natural Gas new..125 d 29' 29% Southern Utilities corn 2 9A 00 100 s 173 Omaha & Council Bluffs_ _100 40 50 Preferred 100 Preferred 70 75 So Jer Gas El dr Tr—See YOH c Service Corp 0 0 pref_ _ 10 58 Oro Electric Corp, Southwest Missouri RR__ _100 90 Ottawa Light,Heat & Pow 100 Spokane & ml Emp-Cap stk 100 773% 1 160 Ottawa Traction 80 1 100 Preferred ctts 3 100 _ 175 Ottumwa(Ia)Ry dr Lt pref _ _100 92 95 Springfield (Mo.)Ry. & L. pref 85 95 90 Pacific & Atlantic Teleg (gu)_ 25 d 14 17 Springfield(O.)L.TI.dr P.pref 100 70 80 85 Pacific Gas & Electric 48A 100 49 Spring Valley Water 55% 100 First preferred 100 863 88 Standard Gas & Elea (Del).._50 d 13 15 434 Second preferred (old pref)100 Preferred 50 d 31 33 3 Pacific Gas dr Elec (Ariz) pf_100 a 80 90 Superior Water, L & P com_100 50 1434. Pacific Light Corporation_ _100 1143. Preferred 75 100 85 833%" Preferred 85 Tampa Elec Co 100 773% 112 100 109 71 Pacific Telep de Teleg 21 100 23 Tennessee Ry L & P corn...100 2 3 8 Preferred 100 90 88 12 Preferred 14 100 75 Paducah Tr Jr Light corn _100 Terre Haute Ind & East__ 100 1 5 Preferred 100 Preferred 8 15 100 Paterson dr Passaic Gas & E1.100 80 90 Terre Haute Tr & Lt pref._ _ 100 92 25 Pawtucket Gas preferred.._ _100 70 80 Third Ave Ry (N Y) 13% 14 100 'Pennsylvania Lighting cora_100 30 35 Toledo Bowling Green dr So.100 174 Preferred 100 80 Toledo Home Telephone_ _100 75 Pennsylvania Water dr Pow_100 78 Toledo Rye dr Light Co 77 100 Pensacola Elec Co, com.. _100 10 Toronto Railway 44 45 100 Preferred 70 Tri-City Ry & Light Co 100 100 80 People's G L dr C(Chic)_..100 48 80 1 83-Preferred 473% 100 75 People's Nat Gas & Pipeage_ _ 25 d 30 30 Tri-State Telep Ac Teleg----1011) 28 Phila Co (Pittsburgh) Preferred 75 2934 3034 10 53 31) Troy(N Y)Gas 5 non-cum preferred 1 100 140 145 88 6! cum preferred go d 31 32 234 Street—See N Y Railways o rr 12 A legheny Traction Twin City Rapid Transit...10 41 60 40 Citizens Traction 50d 80% 124 Preferred_ 100 Duquesne Light pref...... 100 100 95 Union Natural Gas 100 s 125 70 Federal St dr Pleasant Val_ 25 d UnionStRy(New Bed,Mass) 100 130 15 Pittsburgh dr B'harn Tr 50 d Union Trac of Ind cons 3 100 20 United 'Fraction preferred 50 d First preferred 7 100 14 74 Phila Electric (full paid) 253% Second preferred 1011 Phila Rap Tran Vot Tr Ctrs. 50d 244 5 25 2 5 United Elec of New Jersey _100 80 853% Citizens' Passenger guar_ 50 d k 273 United Electric Secur pref.. 90 .100 100 120 Continen Pass Ry ($29 pd) 50 d k 108% United Gas & Elec Corp.. 100 3 150 Fairm't Pk & Hadding'n__ 50'd k 45 First preferred 38 100 40 23 Frankf'd & Southwark Pass 50 d 234 Second preferred 100 5 8 101 Germantown Passenger__ 50 d 9034 United Gas & Elec of N J pf_100 115 • Green & Coates Sts($15 pd)50 d k 117% United Gas Improvement....50 d 71% 71U Hestonville M & F' corn__ 50 d k 323i United Ill Co of New Haven_ 100 225 230 90 Preferred k 58 50 d 36 United Light & Rys corn ......100 38 Phila Cy Pass Ry(S23A p4)50 d 683% k 115 First preferred 69% 100 71% 75 Phil & Gray's Fy ($25 pd) 50 d a 6734 United Rys of St Lou—Corn_100 4 4 Philadelphia Traction__ __ 50 d s 70 14 Preferred 15 100 35 Ridge Ave Pass ($28 paid) 50 d k 200% United Rys & Elec(Bait) corn 50 d 19 1934 83 2d & 3d Sts Ry guar k 213 United Rys Investment Co_100 50 d 8 9 175 13th & 15th Sts Pass Ry_ 501d s 1993.1, Preferred 100 15 10 Union Pass MO 5-6 01_ 50;d 150 United Tree dr Elea (Prov)_100 40 Union Traction ($17 A P4) -50d 3734 383% United Utilities 10 100 20 9234 West Phila Pass guar_ $04 168 Preferred 100 a 80 90 57 Pine Bluff Co pref 1001 90 90 Utah Securities Corp 100 16% 16% 95 Pittsb dr firm Trac—See Phila 1Co Virginia Ry & Power com 100 48 913% Pittsburgh 011 dr Gas 100:z 83% Preferred 83% 100 35M Portland (Me) Gas Light 50,d 48 50 Wash Bait dr Annap 50 d 26% 27 77 Portland (Ore) Ry Lt & Pow— Preferred 50 d 35 38 New stock (75% paid) _100 Washington(D 6)Gas.. 20 dx 53 54 40 Porto Rico Rys Ltd 30 100 Wash-Idaho %Vat L & P pf _100 9334 Preferred 81 100 Wash (D C) Ry & El corn...100 44 53 110 Providence Gas .80d 473% 52% Preferred 64% 101 663% 4 Public Service Corp of N J _100 80 85 Wash-Virginia Ry,pref 100 Camden & Sub ($5 paid)... 25 d slS 55 Washington Water Power Co100 67 10) Consolidated Trac of N J _100 60 62 Western Ohio RR ars 10 Elizabeth & _r corn... 50 d __ Western Power 100 18 19 6) Preferrd_ T_ e_ nt_ _n_ __ _ _50d Preferred 100 66Y& 67% Rapid Trauslt St Ry Co _100 190 Western Rys & Light. pref...100 So Jersey Gas Elec & Tree 100 100 Western States Gas & Elec 100 105 15 25 Public Service Co of Nor IlL 100 90 92 Preferred 100 75 85 Preferred 1 100 90 Western Union Telegraph_ _100 92 863% 8734 91 Puget Soend Tr Lt & Pow.. 15 18 West'house Elec dr Mfg—See tin der M so Preferred_ __ _ ._100 54 100 90 573% West Penn Power pref. 97 20 Quebec Ry Lt Heat & Pow _ _100 19 West Penn Rys preferred.....100 70 173% 80 15 Railways Company General 10 d 2 West Penn Tr & Wat Pow..101 10 13 43 Rap Tran St Ry—See Pub Ser. Corp Preferred 10 56 62 Reading Traction 50 d 23 25 Winnipeg Electric Ry 101 36 100 City Passenger Ely.... 50 d 109 105 Wisconsin Edison common .100 29 34 21 East Reading Electric Ry_ 50 d 70 73 Wisconsin-Minn L & P. pf _100 85 92 70 Reading Transit & Lt, pref_ _50 dn 80 90 York (Pa) Rys common... _ 50 d 7!4. 73% 28 Republic Ry dr Lt com____100 18 163% Preferred 50 d 31 3134 17 Preferred. 100 52 55 60 753 a Purchaser also pays accrued divi lend. d Price per share, not per cent. e New stock. Last n Nominal. s Sale price. u Ex-warrants. r Old stock. z Ex-dividend. y Ex-rights. t h Ex-stock dividend. lcMin. sale. i In Unndon. Without par value. Minimum prices established on the Montreal Stock Excha INDUSTRIAL AND MISCELLANEOUS SECURITIES In the rearrangement of our quotation lists we classify under the designation "Industrial and Miscellaneous Securities," all issues which do not appear under the previous two headings, namely "Railroad (Steam)" and "Public Utilities." In the ease of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICF1.—Alt hond orices are and Interest' eic4sin her Bonds. dui. Asa. Bonds. fnarkod Income and defaulted hono. 4,4. donne. 1 and . aid. ata INDUSTRIAL & MISCEUNI3 OUS B ONDS. /km Agric Chen 1st 55 1928A&O 99 American Ice Securities— 983% tome White Lead & Color Wks-, Cony g deb 5s 1924_ — P&A 100 1003% American Ice Co—ft E let & lit 6s July 1919 to'28 op_J&J 90 95 American Can—deb 581928P&A 923% 94 gen s f 6s '42 opt '13.. _F&A 93 4&dams Exp col It g 4s '48_M&S 623% 65 Amer Cat Oil g tis 1931 optM&N 88 891 Amer La France Fire Eng Inc— Col In g 4s 1947 J&D I 60 62 5% notes 1919 M&S 997 6% gold notes 1926 —__M&N 95 993% kdvance-Rumely debee'25 M&F 97 100 77. notes Sept 3 1919_M&S 3 1003% 1007 Amer Malting Se 1926 . J&D 96 ketna Explosives (18 Jan '45_0-.1 81 85 Amer Graphophene 68'30_J&D 94 98 Amer Pipe dr Constr Securities— &la Steel & Shipbidg—See Tenn C I dr RR. AmIlide&Leathlst g 68'19.M&S 1003% 101 Ooll It g 139 1922 opt ___F& A 100 klaskaGold Mlnesdeb 68'25 M&S 32 35 in Pipe & Fdy Os 1928___J&J 98 Deb es 1926 Set B M&S 31 35 Am Sew Pipe—let a f Os'204 4dES f 90 b Basis. IThis price includes accrued interest. k Last sale. n Nominal. a Sale price. t New stock. ...a. 99 100 1023% INDUSTRIAL AND MISCELLANEOUS SECURITIES FEB., 1919.1 defaulted bonds. -All bond prices are "and interest" except where marked "1" and income and NOTICE. Bonds. Bid. Ask. Bid. Bonds. Ask. Bonds. 45 Bid. I Ask. Pennsylvania Steel-See Steam RR Bo nds Fort St Union Depot Amer Smelt dr Refining 103 90 Pa&Md Steel con g 68'25 M&S 102 833% 903% ieneral Baking 1st es 1936 J&D 90 A&O 1st M 55 1947 Span-Amer Iron 6s 1927_J&J 100% 102 733% 96 100 General Else 33%s 1942 op_P&A Mfg g Os 1920M&S Amer Spirits Pierce Oil Os Dec 31 1920 __J&J 100% 1013% 97 97% N Y_M&S Debg 5s '52 tax-ex 97 Amer S S of W Va 58 1920 M&N 90% 90% J&J Cony deb 6s 1924 J&J 100% 10078 6% gold notes 1920 Amer Steel Foundries 54 52 90 6% gold notes 1919 __J&D 100% 100% Pittsb Brewing 6s Feb 4'49_J&J 93 F&A Deb 48 1923 95% July 1931M&S Pitts Coal deb 5s General Petroleum Corp Amer Tobacco 6sg 1944_ _ _Adr() 119 103 Pittsb Term Warehouse & Trans June 1926_ _ _J&J 100 1st M s f (is Guaranty Trust ctfs of deo_ 116 1st ref g Os Nov 1 1938_ M&N 75 75 Girard Pt Storage 33%s'40_A&O 73% F&A 48 g Aug 1 1951 Pittsburgh-Westmoreland Coal7% gold notes 1919_ M&N 101% 101 NI, Gordonfronsides&Fares Co,Ltd, 85 80 1st s f g 5s 1947 opt____M&N J&J 1023%! 1st f g Os 1927 opt 7% gold notes 1920_ _ _ M&N 102 97 Pitts & Westm C5s'25op.M&N 7% gold notes 1921_ _ _ M&N 102% 1033% Gorham Mfg Co 76% 1928.J&J 7% 6.60% Pleasant Vail Coal Os F&A b 1st M 78 F&A 7% gold notes 1922_ _ _ M&N 103% 1033% Pocahontas Consord Collieries1043% Gottlieb-Bauerschmidt-Straus 7% gold notes 1923_ _ _ M&N 104 90 87% J&J 1st gold Os 1957 opt Brew Co-lst 4s 1951__M&S American Type Founders Powell RI v Co 6s '19-'27_ Ada Sep 1951_M&N f 2d Income Os 90 Itl&N Deb gold Os 1939 Procter & Gamble Co Granby Con Min Smelt& Pow American Writing Paper 100% 98% 7% gold notes 1019. M&S 100 97 1st cony Os 1928 ser A_M&N 88% 903% 1st g 5s '19 op aftJuly'09.J&J 101 7% gold notes 1920__ _ _NUS 101% 102 97 Stamped 85% 893% Old Col Tr & Cen tin Tr ctf 7% gold notes 1921____M&S 102% 102% Coal & Coke-See Co Fuel & Iron Grand River Anaconda Copper Mining 7% gold notes 1922_ _ _ _M&S 102% 103 92 A&O 97% 973% Hall Signal Cis '19-'20 6% gold bonds 1929 Ser AJ&J 7% gold notes 1923__M&S 103% 104% Harris Abbatoir Os 1928._ F&A -Real eel 1st g Armour & Co. 97% 100 Producers Trausp 5s 1921_J&J -5s 1922 J&D f 40 87 86% Havana Tobacco J&D 4s 1939 op 94% 99 Provid't Loan Soc 43%s '21 M&S 97 6s '22 M&S Convgdeb 6s.P tie 15'19J&D15 100% 1003% Hecker-Jones-Jewell Remington Typewriter Hoboken Land & Irnpt Co Convgdeb6s,Pne15'20J&D15 100% 101 100 95 1st M Os 1920-1926_ _ ____J&J 90 __M&N 1st M g Os Nov 1930_ Convgdeb6s,Pne15'21J&I)15 100% 101 95% 94% 60 f 54 Republic Ir dr Steel 5s '40_A&O Convgdeb 6s.rne 15'22J&D 15 100% 1013% Hock Val Products 5s'61 op.J&J 98 70 Roch & Pitts C&I Os 1948_M&N 60 68'40_A&O Convgdeb6s.rne15'23J&D15 100% 1013% Hoster-Columbus Co 65 1st at g 43%s 1932 opt_ __F&A 60 Cony gdeb 6s,Pne 15'24J&D 15 100% 1013% Hudson Nay g Os 1938 op_ P&A 60 Rocky Mtn Fuel 58 1941 _A&O 36 Huebner-Toledo Brew Os '30J&J 98% Associated Oil Co-5e 1922F&A 95 90 Rogers-Brown Iron 5s'20-40J&J Huntington Land & IrnptMills&DAstoria(NY)Veneer 99 St Clair Furnace Os '19-'39 F&A 97 1919-1927 J&D 105 95 Coll tr g gu Os J&J lst s f g es 1941 opt 84% St Lawrence Pulp & Lumber 84% Illinois Steel-Deb 4%s'40.A&O Atlantic Fruit & S. S. 90 F&A a 70 36% let M (is 1919-1933 35 65 Independent Brewing 6s'55 J&J J&J 75 deb es, Jan 1945 63 58 6s 1939_J&J 98 St Louis Brew Assn 96% Indiana Steel 1st 5s 1952_ _ M&N Atl Gulf & W Indies SS Lines 95 90 St Louis Car Co Os '21-'23 M&N nd-lst g Os Dec 31 Ingersoll-Ra 80 Col tr g 68 Jan 1 1959_ _ _ _Jdr.1 72% Nat Stock Yds 48'30_ _J&J St L 97% 98 1935 opt Dec 31 1910____J&J 95 Atlas Port Cement 1st(Is'25M&S 83 80% St L Rocky Mt Sr P 58'55 stpJ&J Inland Steel 1st 6s 1919-28_A&O b 6% Baldwin Locomotive Works 63 58 102% Securities Co N Y 4% cons M&S Ext&ref es'42 op'16 serA.J&J 101 09% 1st at 5a 1940 op aft '15 M&N 96 94 Sibley Mfg Co 1st Os 1922__J&J Internal Agricul Corp 55 Barney & Smith Car Ss 1936J&J 90 86 79% Sinclair Gulf Corp Os 1927 M&S 793% lst&coll tr s f g fis'32op M&N 92 85 Beech Creek C& C 5s'44_ _J&D Sinclair Oil& Ref Corp International Mere Marine Bethlehem Steel Corporation 98% 98% 7% notes '20 war's atch.F&A 98 97 1st M coil tr es 1941___A&O 7% g notes July 15'19_J&J15 100% 101 95 94 Without stk war'nts attach. 1003% International Paper 7% g notes July 15'20_J&J15 100 92 Sioux City Stk Yds 1st 5s'30 J&J 953% Con cony g s f 61'35op'09 J&J 1003% 7% g notes July 15'21_J&J15 100 100 98 4&A 92 Sloss Iron & Steel lstes'20_1 1st dr ref s f 58 1947 Ser A_ J&J 1003% 7% g notes July 15'22_J&J15 100 94 71% Somerset Hotel Tr 4s 1021_J&D 70 1013% Internet Salt g Os '51 7% g notes July 15'23_J&J15 101 95 93 102 Standard Mill-lst a 5830M&N 98 95 957a Internet Silver 1st Os Beth St 1st ex g 55 '26 gu.J&J k 94% 90 Steel Co of Can es 1940.. _J&J 85 114 I Deb Os 1933 Beth St pur m Os Aug '98.Q-F 110 100 Studebaker Corporation j 88 ,Iron Steamboat 1st 58 1932 A O n 90 86% Beth St 1st 1 & ref 53'42_ M&N 30 7% serial notes 1921-29_ _J&J b 7%to 7.25% A&O n 20 803% ! Gen'l 4s 1932 803% J&J Pur M 5s 1936 25 Sun Cr Co col Sr s f g Os '44_J&J f 15 90% Jefferson & Clearf C & I 89% Booth Fisheries s f 68 1926_ A&O 96% 96% Swift & Co 1st s f g Os '44_ _J&J 95% J&D 2d gold 53 1926 -3%s'47 F&A Boston Term Co T H Symington cony 6s'20 J&J Indiana Co 1st s t 55 Braden Copper Mines Co 99% Temple Coal s. f. Os 1924_J&J 100 96 Jones & Laughlin St 5s'39_ M&N 94% 983% F&A S f g 6s 1931 95% 89 Tenn C I dr RR gem Os '51__J&J 25 !Kan City Brew Os'30 ctfs _M&N f 20 Brooklyn Ferry Co 102 Wire_ Ala Steel&Shipbdg 62'30_J&J 100 23% !Keystone Steel & Con Ss '48 ctfs dep stpd_F&A 102 99 Cahaba C M Co 1st 69'22 J&D J&D I Cony Os 1919-1926 r Co Brunswick-Balke-Collende 95 91 Term Cop Co cony Os '25_M&N 6% 6.55% Knickerb Ice 1st 5s '41 opt _J&J 6% serial notes 1920-29_ _J&J Texas Co deb 6s '31 op '15_J&J 101% 102 90 96 ,La Belle Iron Wks Buffalo&Susq Iron 15s 1932J&D 89 88% 1st g Os '30 op J&J Union B & P 97 94 J&D 1st & ref Os 1940 Deb g as Jan '26 op'10__M&S ..- Stamped 98 96% Lackaw St 5s'23 op to '06 A&O Burns(P)&Co 6s'24op af'14A&O Co of California 86% Union Oil 83 1st Os 1950 op after 1915.M&S J&J 1st dr ref a f es 1931 93% 93% First lien a f Os 1931 opt_J&12 6% 7% M&515 b 84 Eq 5s 1919-1926 30 Bush Term 1st 48 1952 ___A&O 103 Union Steel Co 1st 68'52gu.J&D 101 62 59 89 J&J Lake Superior Corp Inc 5s'24 Oct 31% Cons g Ss Jan 1 1955 93% Un Transpor 1st Se 1923....P&A 65 60 ! tat & coil tr gold Os 1944_ J&D Bush Terminal Buildings Co Union Typewriter-See Remtn gton T ypewrit 80 82 Lake of the Woods Mill Co, Ltd 1st a f gold guar 5H 1960_ A&O k 993% Unit Fruit-Deb 43%s 1923 J&J 100 J&D , 1st M 6s June 1923 California Wine Association J&J 100 Deb g 43%3 1925 at 94% Latrobe-Connellsville C & CCony gasSep10'25 op s M&S 78 74 United Lead deb Os 1943__J&J 98 J&D 98 lst a f g 6s 1931 opt Canada Cem't 1st 6s'29 op A&O 99 94 U S Env 1st Os '19-'34op'19J&D k 100 Laureutide Paper 1st 8s'20 J&J2 Canadian Car & Fdy Co, Ltd 101 98 13 8 Finishing-lst 5a 1919_J&J 93 J&D -! Lehigh Coal eir Nay f a Os 1939 1st s 91 87 J&J Con gold Os 1929 98 96% Gen Mg 43%s May 1924_ _Q-F Canadian Cons Rubber, Ltd U S Light & Heat 86 94 Funding 4s g July 1 1948.J&J Gold es 1946 opt 1911__Adr0 75 70 J&D 1st s f Os 1935 96% 81 Col tr power 43%s '21 op_J&D Canadian Cottons 59 1940 J&J2 65 63% U S Realty & Imp 5s g'24 op J&J 92 J&J 80 81% Con s f g 43%s 1954 Cent Foundry Os 1931__F&A RR of NJp33 U S Rubber 90 Leh dr W-Barre Coal-See Cent 95 Cent Hud St'boat-5s '19 M&N 86% 86% 1st dr ref 5s 1947 Ser A__J&J 112% 90 80 A&O Liggett & Myers g 7s 1944A&O 111 April 1933 5R U S Smelt Refg & Mining 93 92 F&A 663% 96% Gold bonds Os 1951 Central Leather 15s 1925 A&O 99% 100 P&A Cony 6% notes 1926 J&D 100% 100% s 80 6% gold notes 1921 Ches‘grDel Can 1st 58(40'20 J&J United States Steel Corp 74 Lima Locomotive Corp ChtcJct coil tr ref g 4s1940 A&O Col Sr s f 5s Apr '51 op '11.Var 101% 104 98 95 M&N 93% A&0 let f g (is 1912 943% Coll tr ref Ss 1940 Col Sr a f 5sApr'51 not op.Var 101% 101 98 Lorillard (P) Co g 7s 1944-A&O 112% 113 Chic Pneu Tool Ss Dec 31'21J&J 100% Col s f 2d Os Apr'63op'13M&N 100 91 90% 95 96 Gold bonds 58 1951_ _F&A A&O 1st Os 1923 Utah Fuel-See Deny & Rio Gr, p. 34. 87 83 Mallory SS 1st s f Os 1932_ _J&J Chic Un Sta-See Steam RR bds Vancouver Lumber 68'19-125J&J 96 93 80 90 Maryland Steel 1st Os 1922.F&A Chicoutimi Pulp Os '43_ _ _ _J&J Vaudalia Coal 1st 6s '30 011-J&J 98 1083% Metropolitan SS 5e 1939 ___Jda Chili Copper cony 7s 1923_ M& N 107 70 80 Victor-Amer Fuel 1st Os'40F&A 20 83 84 A&O Mexican C & C Os 1926 op_ M&S Os 1932 Ser A Cony 70 Victor Fuel 1st s f g Os 1953_J&J f 83 Part paid 843% Mexican Petroleum of Del LtdVirginia-Carolina Chemical 180 71 lst 1 cony s f (is '21 Ser A A&O 150 Clearfield 131t Coal 4s 1940_J&J 96 05% 1st M g Os 1923 opt s f__J&D 180 150 Series C Cleve & Sandusky Brewing Bony deb Cis 1924 ____A&015 1013% 102 58 Midvale Steel & Ordnance 65 1st a f a Os J'ne 1 '48 op__J&J 89% 87 87% Va Ir Coal & Coke Os 1949_M&5 87 M&S 92 89 Cony s f 55 1938 Clyde SS 1st Bs 1931 opt.... F&A 95 91 WebsterCticC 1st g 5s'42op_M&S 88 89 Monon Coal-See Chic Ind & L Ry p 34 Fuel & Iron a f Ss 1943..P&A Col 96 94 Welsbach Co col Sr Os '30_ _J&D Monon Riv Con C&C(Is'49 A&O Col Fuel geu g Os 1919__M&N 100 West Canada Fl Mills Co, Ltd 83 823% 94 Morris & Co islet 43%s'39_J&J RivC&C Os July'19.A&O Gr'd M&S 1st a f 6s Mch 1928_ Mtge Bond 48 Ser 2'06 op_ A&O Colorado Industrial M&S 1st & ref s Os 1931 95 85 J&J 74 Os Ser 3 1932 op '22 _ 753% 1st g gu 158 ser A&B'34opF&A Western Electric Co Nat Conduit & Cable Inc Computing-Tabulating-Rec Co 98% 98 1st Os Dec 31 '22 op aft'll J&J 89 86 A&O 84 85 1st M s f 6s 1927 gold Os 1941___J&J Sink fund Whitmer(Wm)&Sonses'20_MItS 96 803% Nat Enam & Stpg Os '29 J&D Cons Tobac coil tr 48 '51__FdrA 100 99 Wickwire Steel-lst Os '34 M&N 90 88 National Fire Proofing Coal 4%s 1934 opt_M&N Como' 98% 98 Wilson & Co 1st 6s 1941_A&O 92 87 lst&coll tr g 5s'19-'32op M&S let & ref a f g 15s 1950_ __J&D 94 J&D 93% Cony s f g Os 1928 933% 99% 1003% Nat Starch deb Os 1930 gu__J&J Cony 6% g '23 op aft'18.P&A Winchester Repeating Arms 98% 08 99% National'rube 1st Os 1952 M&N Corn Prod Refs f 5s'31___M&N 99% 100 7% gold notes Mar '19_M&S 99% 1013% Natomas Co of Cal M&N 1st g Ss 19348 f EXCHANGE SF,ATS. J&J 783% Gen & ref Os 1935 Cramp(Wm)SonsShip&En Bldg No. Last Sale. N E Cot Yarn Cog Os 1929 F&A 99 96 let M g Ss 1929 opt__ _M& N Y Stock Exch_1,100 $68,000 RH 96% Crew Levick Co 1st Os 1931 F&A 973% New Eng Nay-See NYNH& H 3,000 2,000 3,000 N Y Con Stk Ex.. 486 90 Adr0 N I Zinc 1st 43 1926 Cuban-Am.Sugar-Istl Os notes 2,600 2,400 2,600 99% N Y Produce Ex.1,800 99% Jan 1 1920 J&J 100 1003% NYAIrBrakelst (ts'28conv M&N N Y Cotton Ex__ 450 16,000 15,500 16,700 73 68 jea 100 Jan! 1921 1003% N Y Dock Co-lst g 4s '51 F&A 5,850 5,500 6,000 N Y Coff &Sug Ex 323 85 Cudahy Packing Co N Y & Hob ry Os May '46 J&D 2,350 Baltimore Stk Ex 87 85 1st s f gold 5s 1946___ _J&D Hoboken Ferry Os '4(L_ M&N 93 92 9,500 Boston Stock Ex_ 150 85 NY&NJ Ferry-Os'40..J&J 7% g notes July 15'23_J&J15 102% 1023% 6,375 Chic Bd of Trade..1,619 Davies(Wm)Co 1st Os '26..J&J N Y Shipbuilding Co 2,000 1,500 Chicago Stk Exch 250 75 72 (W)Wood Co Ss'30 M&N 1st M s f 58 Nov 1 1946 Dewees 95 3,900 33 Cincinnati Stk Ex 95 Distillers' Securities Corp-Nips Bay Co Os 1925 ____M&N 2,850 35 63 Cleveland Stk Ex 58 90% Col tr cv g 15s '27 op '08_Adr0 903% O'Gara Costae 55 op aft'08.M&S 2,250 29 Louisville Stk Ex_ Domin Coal as'40 op'10__M&N 89 Ogilvie Flour Mills 60 '32 _J&D 100 92 4,800 MinueapCh ofCom 573 100 Dominion Iron & St Ss 1929.J&J 87 Series B 89 Montreal Stk Ex.. 66 26,000 25,000 30,000 100 Series C Dunlop Tire & Rub Goods,LW-8,100 7,950 8,100 98% New On Cot Ex_ 500 98 M&S Wits 6s 1927 opt Otis Elevator Os '20 op '13 .A&O 3,500 3,000 4,000 Phi's Stock Each_ 221 84 du Pont(E I) de Nem PowdPacific Coast Co-G as '46 J&D 2,500 2,000 2,200 Pittsb Stock Ex__ 120 82 78 85 Gold 4%s June 1 1936__J&D 92 Park & Tilford a 1 Os '30__J&D 1,000 1,000 1,500 50 St Louis Stk Ex__ 90 Eagle&Phenix Mfg 5s 1928_J&J Parsons(W Va) Pulp & Lumber 44 12,500 96 (SanF)Stk&BdEx 92 lot m g Os '19-'24 opt M&N Eastern Steel lstlis'31op'16F&A 1,200 1,000 1,500 Wash'ton Stk Ex. 40 89 98 Elk horn Coal es 1925_ _ PeerleasTrk & Mot63'25 M& N10 983% k 87% 98 100 Empire Refg 1st (is 1927__ F&A Penmans,Li1-lst5s'260p M&N 96 94 J&J 90 93 Fairmont Coal 58 1931 Penusylv C C 1st 15s '32 opJ&J 97% Federal Stig Rfg 5%notes'20 J&J 98% b Basis. f This price includes accrued interest. k Last sale. n Nominal. s Sale price. min. Minimum prices established on the Montreal Stock Exchange. ZT 46 Stocks. INDUSTRIAL AND MISCELLANEOUS SECURITIES Par Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Ask. Stocks. t'ar. Per share. MARINE INSURANCE SCRIP. - TEXTILE MFG. STOCKS. North. Mills. Par. Per share. Thorudike(Mass) e Tremont & Suffolk M (Mass) a UntonCotMf(FR).a Utica Knitting___ a Preferred a Utica Steam & Moh Val Cot M.a Wampanoag Mills (FR) a Wamsutta M(NB)a Weetamoe M(FR)a Whitman M(NB)a York Mfg (Me) -_a Per share. /1465 100 97 145 Detroit. 3 1605% Di troll F & M_ 50 240 MIcialgan F & M 30 110 100 Hartford. [VOL. 188. Per share. Bid. Ask. Atlantic Mutual Per cent. 1917 1918 f 95 100 AE tna (Fire)___ 100 380 Hi rtford Fire_ _100 705 132 Hi rtf Steam Boll Lisp & Ins _100 1675% Ni Hen& Fire_ ..100 363 Pt oenix (Fire)_ 100 St ndard Fire__ 50 100 720 MINING STOCKS Per share. Acadia M 100 112 AnuhsnetMill(NB)a 1345% 120 400 Acacia 1 25%c. 2%c. Am Linen(Fall II) a 96 160 Adventure Cons.25 75c. 85c. American Mfg__ _ a 130 135 1275% 415 Ahmeek 70) 25 69 Preferred. _ __100 86 90 60 Alaska Gold M.._ 10 35 4 Amoskeag Mfg(volAlaska Juneau untary assn)- (t) 81 82 Life Insurance Per share. Gold Mining.._10 1% 2 Preferred..- (t) 80 31 A(tna Casly & Stir 530 540 Algsmaah 25 20c. 25c. Andr escog M (Me)a s 1805% Southern Mills. Per share. A(ton Life 100 690 Allouez 25 42% 43% AppletonCo(Mass)a 215 Cc tin Gen 100 700 AmGoldM (StL)10 Arkwright M(FR)a 175 aveiers' Tx 100 740 Amer Zinc Lead & ArliagtonM(Mass)a 110 113 Abbeville CM(SC)a 125 135 Smelting 25 11% Barnard Mfg(FR) a 115 Amer Spinning Co_ 180 Preferred 25 41 Bates Mfg (Me)__a •_..__ 270 AndersonCM(BC) a 75 77 Anaconda Cop ISO 59M, Beacon Mfg (NB) a 105 Arkwright M (SC)a 185 Louisville. Per cent. Arizona Com'cial_ 12 Preferred a 100 All & Gulf C (Ga).a Arnold _ _ _ _25 30c. Berkshire Cot Mfg, Augusta Fee (Ga).a 55 Lil erty _ _ _ _50 120 123 Batoollas Adams, Mass a _ _ _ _ 162 Belton Mills(SC)_a 150 156 Bingham Mines_ 10 Blgel-HartfCarp't a 76 Bibb Mfg Co(Ga)a 155 165 Bonanza Der Co 10 25c. Preferred a 92 CabarrusCM(NC)a - -Innenooils. -Per share. Butte Cop & Z vtc.5 6% Boott Mills(Mass) a 1 90 Chesnee M I35 1i5 Butte & Sup_ _ _ _ 10 17% 18% Border C Mfg(FR)a 103 Clifton Mfg (SC)_ a 135 140 N( r'westFdc M 100 Calumet & Ariz_10 59 60 Boston Mfg(Mass)a k 80 Clinton CotM(SC)a 125 -Calumet & Hecla 25 425 430 Bos Duck (Mass)_c 11280 CourtenayMt(SC)a 155 175 Canada Copper.__5 2 2, 6 X BourneMills(F It) a 110 Dallas Mfg (Ala)..a 116 Newark. Per share. Centennial 25 12% 13% Bristol Mfg(N B)a 120 Darlig'n Mfg(SC).a 80 Centre CeicMln_10 Butler Mill(N B)_ a 94 Eagle & Phenix At erican 18% Corrode Pas Cop (t) 5 17% :12 33% Preferred ____100 98 100 Mills (Ga) a 135 Fl emen's 50 185 Chill Copper __ _25 18% 17% Chace Mills(F R)a 130 EnterpriseMt(Ga)a 80 Ni wark Fire 13( 3 Chino Copper..___5 34 31% , Charlton Mills_ a 135 Expos'n C M (Ga)a 175 Pr dential Life_ _60 450 Consol Interstate% Gaffney Mfg(SC) a 100 5 Chicopee Mfg (pf)a k 90 105 Callahan 10 8 CityMfgC'rp(NB)a Granttev Dilfg(f3C)a 104 1625% --- -Con Min &Srtte1100 25 25% Conting M (Me)_a 1 82 Greenw'd CM(BC)a 225 New Haven. Per share Cop Range Con 100 42 42% Cornell Mills(FR) a 180 Grendel Mills(SC)a Soeurity Ins _ _25 30 31 Cresson Con G...._1 5 Dartmouth Mfg Henrietta M (NC)a 185 Cripple Cr'k Cons 1 5-10c. lc. Corp (N B) a 210 220 KIng,JP,Mfg(Ga)a 115 Crown Reserve_ _ _ 1 42c. 48c. Preferred a 84 875% LancasterCM(SC)a 150 New Orleans. Per share Daly-West 20 Davis Mills(F R)_ a 130 Preferred a Dante Sc. 1 7c. Davol Mills (FR)_a 95 . _ __ _ Laurens CM(SC)_ a 135 La fayette 50 220 Davis-Daly Cop..10 5 5% Draper Corp.. _ _100 119 121 Louise Mills(NC)_ a 90 100 M chan & Trad 100 Doctor Jackpot_ _1 33cSc. DwightMfg(Mass)6 11150 Marlboro CM(8C)a 1375% Dome Mines__ ....10 10% 10% Edwards Mfg(Me)a k 875% Mayo Mills(NC)_a Elkton Cons 1 4c. 5%c. EFtmon(IM(RI),pf a 3 92 Mills Mfg Co(SC).a 273 New York. Per share. El Paso Gold .._ 5 14c. 20c. Everett M (Mass) a I 142% Monarch CM(SC)a 110 Federal M&Sm_100 9 10 Fatrh Mills corn 100 103 NewberryCM(SC)a 22:3 Arnor-Alliance.. _100 215 225 Preferred 100 34% 36% Preferred __100 86 89 Orr Cot M (SC1_ _ a 120 CIty of N Y _„_ 100 105 120 FirstNational FarrAlpaca(Mass)a s 168 Pacolet Mfg (SC)_ a 175 Cc mmonwealth 100 300 325 Cop ($3 75 pd)..i5 1% 113( Flint Mills (F R)_a 150 165 Pelzer MfgCo(SC)a 155 Cc ntinental 25 d 62 63 Franklin _ 23 3% Franklin Co(Me)_ a 1 195 PletimontMfg(SC)a 180 200 Ftdelity-Phenix 100 400 410 Golden dycle 1.78 1.80 GosnoldM (NB)....a 1125% PhillipsButtorffM a 112 117 GI eat Anaerican 100 t 340 GoldfieldConsol 345 Preferred • 875% Poe,FW,Mfg(SC) a 150 HI waver _ _50 d 80 85 Mines_ _10 20c 23c. Granite Mills(FR)a 116 Roanoke M (N C) a H, me__ __ _100 450 465 Granby Cons MS Gt Falls Mfg(NH)a 183 186 Saxon Mills 150 NI Hotta' Liberty 504 145 155 &P........100 74 75 Grinnell Mfg(NB)a 160 Sibley Mfg (Ga)....a 65 58 NI agars .50 d 160 170 Granite-Ill-Metallic HamiltMfg(Mass)a s 109 Spartan Mills(SC) a 175 Ni rthern 100 90 110 (St Louis)._ ..10 40c. HamiltonW(Mass)a 90 Tucapau M (ES C)_ a 300 Ni rth River_ 25 d 35 40 Granite 18e. Hargravee M(FR)a 65 Union-Buffalo M Ps dile Fire .25 d 35 45 Greene-Cananea100 435% 44 Harmony Mills pf_ a k 97 (S C) 1st prof_ __ 105 110 Stuyvesant _ _100 50 60 Hancock Cons.._25 5W I Hill Mfg Co (Me)..a 3 80U Victor-Monag Co_a 83 85 Ili Red States _20 d 25 30 Hollinger Mines._5 Holmes Mfg(N B)a 225 Preferred a 94 96 Westchester new 10 d 355% 37 Homestake Min 100 96 Preferred a 113 Victor-MonagMpf a 94 96 Horn Silver M Kilburn M (N B)_a 150 Warren Mfg(SC) a 125 Inspiration Cons KingPhilip_M(FR)a 157 Preferred 100 95 a Philadelphia. Per share. Copper 20 445% 45 Lancast'rM(Mas3)a 1 94 Wash'n M (Va) pf.a Isabella 1 5 4c. Laurel Lake (FR).a 110 6C. Webb Mfg(Nash) a Al lance of Phlia_10 50 75 s 195% Island Cr'k Coal_ _1 • 45 LawrenceMfg(M).a 125 46 130 Whitney Mfg(SC) a 132 Fl: e Association_50 I s 310 Preferred _1 80% Lincoln Mfg(FR).a 114 Si Woodside Cot M_ a 108 110 In Co of N A _ 10 s 23 Isle Royale Cop_25 24% Lockwood Co 25 (Me) a k 109 Preferred a 95 In CoState of Pa100 92 k 54 Jack Pot.. 1 LoweliBleach(M).a 133 138 Woodruff M 125 135 Li mbermen's _23 Kennecott Cop_(t 33 33% Lyman Mills(M)_ a 132 Pe pie's Nat Fire 50 1 175% Kerr Lake 5% Manomet M(NB).a 136 5% Pt lia Life k 10 10 Lake Copper.._ _25 3 Mass Cot Mills_ _a 111 116 Rt Hance k 50 50 LaRosa Cons M....5 31c. 37c. Mechanies'M(FR)a 118 Canadian Mills. Ut ItedFiremen's 10 1 12 La Salle Copper_25 March Mfg 3 (FR)_ _ a 140 145 Mary McKinney_ 1 7c. Merrimack Mfg 9c. Can Convert, Ltd.a 47 46 Mason Val Mines _5 25 (Mass) a a 715% Can Cottons,Ltd _ a 68 Pittsburgh Per share Mass Cons 23 4 4% Preferred a k 785% Preferred 76 a MayflowerOldCo125 Middlesex Co(M).a 3% k 57 Domin Text, Ltd_a 1003 10134 Allemania 30 Miami Copper _5 z 22% Mt V-Wood Mills 23 Preferred Birraingham Fire_ 30 a 101 Michigan.. 25 3 (Balt) v t r__ _ _a 173 17% Montreal Cottons.a 59 60 CIty Fire 50 Mohawk 25 51 52 Preferred•t r a z 74 74% Preferred__ _ _ a 100 Ge rman Fire___50 Nevada Cons Cop 5 1654 Nashawena M_ _ _a 103 17 111 Penmans, Ltd _ _ _ _ a GIobe Fire 78 5 New Edda QuIcks_5 NashtiaMfg(N11)_ _ t 200 Preferred min. 815% Hiimboldt Fire.._50 a New River Co.._100 10 Naumkes:g (Mass) 12 Ni t.BenFranklin50 Preferred 60 Steam Cot Co..a 165 61 170 Pi tsb Fire 50 Nipissing Mines_ _5 Newmarket Mfg Teutonta 50 North Butte__ ..is A 18 Co (N If) 10% a kx107% Ut ion Fire 50 North Lake 23 NonquittSp(N 13).a 117 55c. 75c. INSURANCE W stern Fire.. _50 Ohio Copper new10 Osborn Mills(FR).a 45c. 60c. 130 STOCKS. Old Dominion..- _23 Pac Mills (Mass)_a 155 35 335% 160 Ontario Sil Min 100 Page Mfg(N B)_ _ a 96 100 Providence. Per share. Osceola 25 Parker Mills(FR)_ a 48 59 65 70 Albany. Par. Per share. Pitts-Jer Cop_ _ 1 17c. PeppereliMfg(Me)a 18c. 202% Pr • Wash'ton _50 100 Pit& Mt Shasta Cop Pierce Mfg(NB)_ _ a 21c 380 Albany InsCo. 50 180 190 Pond Creek Coa1.10 Pocasset Mfg(FR)a 125% 13 CommerceInsdo 25 185 95 190 Portland 1 Ponemah M(Prov)a 1.02 1.13 90 110 Richmond. Per shLire. Quincy 25 57 Preferred 59 a 90 100 Ray Cons Cop 10 Potomska M(NB)a 146 20% 20% 150 Baltimore. Per share. V1rginia F & M ...25 91 95 R088 M NI 1 Rich Borden Mfg Sc. St Joseph Lead 10 Co (F R) 12 13 a 165 German 10 21 SantaFe(G&Cop)10 Bagamore Mfg German-Amer.._ 25 33 40 San Toy (FRL.. 7c. 8c. a 250 St. Paul, Minn. Per share. Seneca Cop CorP-t Salmon Falls Mfg 13% Shannon 10 Co(N H) 3 a 80 Boston. Per share. St Paul F & M _100 ShattuckArizCop 10 Beaconnet M(FR) a 11% 12 102% Superior (lc Boat..10 Sharp Mfg(N B)_ a 96 101 Boston 100 415 430 Superior__ _. _ _25 Preferred 4% 5 100 Coium Nat Life_ 100 110 en Francisco. Per shard. Teasessee -Copper Shove M 103 Conveyancers' & Chera temp.(t) 8kenandoah Cot 13 14 Title 100 Ft: omen's Fund 100 342 Tonopah Belmont 1 Co(Utica) a 135 145 Mass Bonding 75 85 Tonopah (Nev)._ Soule Mill (N B)_ a 1025% 3 B1 Mass F & M 120 130 Washington. Per share. Tonopah Ext Mln 1 Stafford M(F R)_ a 114 Mass Title 100 Azlington 10 I() 8 Malty Stevens Mfg 25 (FR) a 2% 113 Cc rceran 30 95 UnitadGoldMines 1 Taber Mill(N B)_ a 15c 16c 125 F1 20 19 Jo Verde Ext__50c TecumsehM(F R)a 160 32% 33 Brooklyn-See N Y G( rma• n'Amer ..100 225 Utah Cons 5 73i Ni Hons.' Union 5 5% a Par value $100. b Assessment paid. C Par value $700. Price $50. k Last sale. m First installment paid. n Nominal. d Salo per share, not per cent. e Par value $300. g Par value $1,000. h Par value. s price. t New stock. 2 Ex-dividend. is Ex-rights. z Ex-stoc t Without par value. min. Minimum prices established on the Montreal Stock k dividend. Exchange. • FEB., 1919.1 Stocks. Pa, 47 INDUSTRIAL AND NIISCELLANEOUS SECURITIES Aek. otocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Pay Bid. Ask. Per share. Per share. Per share. Per share. 36 , 31 70 Atlantic Refin..100 1,225 1,250 Colo Fuel A Ir_100 x 10094 68 Alabama Co......1011 70 69% Utah Copper Co_ 10 ._100 Preferred 157 Atlas Powder.. 100 153 75 85 100 let prof 2 21 Victoria 92 Colt's Patent 83 Preferred ........100 63 65 100 2nd prof 45e 43c 40 1 ?indicator Fire Anne M__25 d 38 134 3 Autosales Corp....80 d 95c Albany (N Y) Safe 80c 25 139 Winona 19 Col Graph Mfg _(t) d 136 50 d 15 170 Preferred DepirStorage 100 150 18% 18 25 87 84 Wolverine Preferred _ _ 100 110 Babcock A Wil_ 100 108 50c Allis Chalmers Mfg 25c 25 Wyandot 66% 6694 Comput-Tabulat & 303. 31 Baldw Loc Wks 100 100 Corn 90c 75c 8 38% 37 Yukon Gold Recording Co 100 105 83% 84 Preferred _ ..__100 101 100 Frei .210 Conley Foil ___ _100 190 71 70 99% 100% Baltimore Tube 100 Am Agri Chem_100 23 20 REAL ESTATE TR Consol Car Heat 100 84 83 99 _100 98 Preferred Preferred.. _ ..100 Per share. 75 h LAND STOCKS ConsCoal ofStL.100 5 35 Bar A Smith Car100 70 Am Bank Note_ _AO dx 30% 3% Albany Tr (Bost)_I a. 20 Cons Ice(Pittsb)_ 50 100 46% Preferred 50 d 43 Preferred 70 60 Alliance Realty _. 80 d 12 Preferred 109 10934 100 69 68 Barrett Co Am Beet Sugar_100 82 a 80 Barristers' Hall Tr Cons Coal of Md 100 90 85 Preferred ..__ _ 100 110% 111 Preferred.. ___100 70 Ia 52 50 (Boston) 185 Consumers Co_100 120 Beatrice Cream 100 180 American Book _ 100 110 65 81 79 Bedford Tr(Bost)_I vs Preferred_ ___100 105 85 80 Preferred .........100 100 Am Brake Sh&F100 65 BerkeloyHot1Tr(B)1 4 68 6934 100 58% 60 Cont Can Beth'hem Steel_100 168 Preferred..100 150 90 105% 107 Bd of Tr Blg Tr(B)1 4 59 Preferred.. _ _ _100 5931 202 Class B corn_ _100 American Braes 100 198 80 BosGr'dR'tTr(C).Is 734 100 Continental Motor_ 90 2 6 Preferred_ ...._100 800 Am & Brit Mfg_100 96 94% Bost R E T (Bos)_h a Preferred (new). 25 8% cum cony 15 Preferred ____100 BosStorWlh'se(B) I a 90 recta_ 102% 103 Continental 011_100 500 I 525 46 pref sub .100 403 American Can.. 85 46% 46% Boston Wharf Co_ I a 80 98 Corn Prod Refg.100 102% Billings dc Spen_ ea Preferred ___100 101 86 Bromf Bldg Tr(B) 1 a Preferred.... 100 103 ' 103% 325 4 89)( Bliss (E W)Co_ _50 d 250 88% Am Car & Airy 100 55 7% d 7 Business RETr(B) 1 a 75 Cosden & Co com_5 50 d 65 Preferred Preferred....._100 114% 115% 65 4% Cent Bldg Tr (B)_1 a 5d 4 , 19 Preferred 10 Booth Fisheries.. (t) d 18% 2 Am Caramel_ _ _100 950 Chic R E Trustees h a Cramp (Wm) A 81 79 100 35 1st pref 100 Preferred.. 450 City Assoc (Bos)__e a SonsSh&EB1(1100 72 10234 74 Borden's Con M 100 100 100 Am Chicle 800 78 82 City It E T (C)__h a Vot trust ctfs_ _ _ 101 99 77 73 Preferred_ _....100 Preferred_ _ 100 40 Congress St Associ510 Crescent Pipe L 80 d 38 120 100 115 Borne-Scrymeer 100 490 Am Cigar 65 40 55 ates (Boston)_ _1 a __100 22% Oren Carpet_ 85 92 Bost Belting pf_ 100 10() Preferred 30 C'gresaStBigTr(B)I a 98 92 167 Crock-Wheeler.. 100 Brier Hill Steel_100 Coal of NJ.._23 d 45 Am 100 Constitution Wharf 95 __ _ _100 Preferred 42% 42 Preferred _ _ 100 106 Am Cotton 011_100 50 53% Trust (Boston)_1 a 52% 20 Crucible Steel__100 92 82 Brill (J G)...........103 100 30 Preferred.. Copley Sq Tr (B)_1 94 90 Preferred ____100 Preferred_ _100 AmereditIndem100 200 80 1a Preferred 27 Cuba Cane Sugar 30 20 Bristol Brass_ ___25 d 25 100 60 Am Cyanamid... Delta Bldg Tr (B)_1 a (no par) d 23% 23% 25 Corp corn 65 55 Brit-Amer Tob__ 11 d 23 30 Preferred _ _ _ 100 Tr(B)1 76% Devonsh 76 100 25 Prof Ordln bearer_ Al d 24 13% Amer Drug Synd 10 dx 133 90 Preferred 160 Cuban-Am Sug_100 148 88 90 British Col Fish Am Express_ _100 Route Dwelling Preferred_ _ ....100 46 23. A Packing_ ....100 d pf100 AmFrultPro 300 Assoc (Booton)_h 190 23 Cumberl Pipe L 100 180 Broad Brook 0).28 American Glue_100 230 6 170 East Boa Land (B).. D H Holmes Ltd100 164 68% 71 Brown Shoo__... _100 95 Preferred _ _ __100 135 56 East St R E Tr(B) 50 & C__ _100 Davis C 96% 100 138 Preferred_ _100 90 Arn FIardware_ _100 134 80 Ensiey Land Co 1 Davison Chemical 16 16% Brunswick-BalkeHide&Leath100 80 Am 40 Essex St Tr (Bos)_I a d 39 102 (t) Corp 86 86%8 Collender pf..100 100 100 Preferred 70 Factory Bid Tr(B)_1 a 98 95 Deere A Co prof 100 Brunswick Term 4000 Amer Hosiery _25 d 85 Fifty Assoc (Bos)__ a 164 d 157 8% 994 DLAW Coal-50 40 fly Sec........100 100 40% 50 Am Ice Co Haymarket Tr (B)1 a De Long Hook 100 563 57% Buckeye Pipe L..50 el 94 90 Pref 100 HotiTr,T'raine(B) 1 a 50 40 100 kEye 151 Burns Bros_ ___100 z 145 Amer Intern Corp 110 Huntington Cham 115 Diamond Match100 109 53% 53% 100 Preferred.. ___100 110 70 360 paid Tr (Bosten)____1 a 52% 52% Corp....100 Dist Sec 97 Bush Terminal_100 30 Am-La France Journal Big Tr(B)1 a 82 90 Dixon (J) Cruc_ 100 300 00 70 _100 Preferred Fire Eng Inc_100 30 Kimball Big Tr(B)I a 98% 101 17 Dodge Mfg pref 100 15 90 100 n 80 Butterick Co......100 Pref 90 Lovejoy'sWhTr(B)1 a min 123 52 Dominion Bdge.100 Cal Pack Corp—(t) d 51% Laundry 400 Amer MerchRETt(Bos) h a 90 pref..100 Dorn Coal 65 55 _100 108% Preferred Machinery _100 80 halunicip'iRETr(B)1 35 33% Dominion Glass 100 110 California— 100 104 Preferred 40 Old South Bid As_l 85%1 23% Preferred _ _100 47 2334 Petri'm Corp..100 463 Amer Linseed 100 85 Oliver Bid Tr (13)-1 a 93%1 95 68 88 90 6834 Dorn I A S pref_ 100 _....100 Preferred.. _ _ _100 Preferred_ 90 Paddock Bid Tr(B)1 a 5934 59 175 DomStCorpcom100 60 Calif Wine Assn.100 174 58 Am Locomotive 100 40 Pern'tonBidTr(B)I a 95 97 duPont (E I) de 100 102% 103% Preferred_ _ _100 Preferred.. 80 Post Of Sq Tr (ID _1 a 275 100 269 N A Co com_ 80 Calumet & Chic 60 Am Mch A Fdy 100 15 PrayBide Tr (Boa) a 92% 9134 49 Debent stk__100 1% 13 Can A Dock_100 Am Malting _ _100 70 R E Assoc (Bus)--I 90 25 d 87 41 Eagle Lock Cambria Iron......80 d 40% 1st pref Guar Tr Realty Associates of 70 80 120 Eastern Steel __100 47 Cambria Steel.... _80 d 110 46 of deposit_ ctfs 83 77 Brooklyn 85 75 100 1st pref 63% 6434 18 Canada Cement 100 10 Amer Plano.. _100 40 Sors'set H Tr (B) _1 a 94% Eastm Kod N J 100 540 100 73 Preferred.. 69 _100 Preferred South St Tr (Bos)_I a 200 Preferred_ _100 10534 10% Can FdyeAForg 100 190 a Am Pipe&Cons_ 100 50 South Term Tr (B)I 22 Edm's &Jones Cot d 18 1 Preferred _ __ _100 Am Pneu Serv_ _80 d 90c. State St Associates 85 80 43 Preferred ___ 100 40 Can SS Lines...100 4334 50 dn 30 First pref 50 Ia (Boston) 95 92 mm 38 Elec Bd Sh pf 1005 6 Voting Trust _ _ 80 d 5 Preferred 40 State St Ex (Bos)_1 a 53% 5234 7834 Else Slot Batt_ _100 15 30 7734 Preferred ____100 Am Prees Asen_100 500 Suffolk R E Tr(B) h a 31% 3134 lElectro Blch Gas100 150 290 CanadianCar&F100 Am Radiator.. _100 65 a Summer St Tr (B)_1 148 83% 84 Elgin Nat Watch 100 116 _100 129 100 Preferred Preferred_ 05 (B)_1 a Term Hotel Tr 29 min 90 Elk H Coal Corp.50 d 27% 45 .100 Can Con Rub.. 75 Am Roiling Mill 23 d 43 1a Preferred 47 50 d Preferred 97 Preferred_ ___100 Preferred .......100 102% 104 Texas Pacific Land Ely Walker Dry American Screw 100 142% 150 Cannel's Explos.100 280 Trust cortfs__ _ _1 200 105 100 104 Goods 67 _100 70 Preferred Am Seed Mach..100 70 Trem't Bid Tr(B).1 a 101 62 1st preferred..100 61% 97 102 Can Locomotive100 Preferred........100 95 Trimtn Tr (Boo)_.I a 75 74 2d preferred..100 87 92 18 Preferred _ ___100 Am Sewer Pipe..100 University AssociEmerson-Brauting106 Canton Co_ _ _ _100 160 Am Shipbidg___100 103 30 ates (Cambr)..._..1 a 20 18 100 ham _100 85 95 85 86% Carbon Steel.. Preferred.. _....10() Western R E Tr_ _ _1 a 105 83 80 Preferred_ _ _ _100 88 98 100 1st pref Amer Smelt Sec 60 WinthropB1(1Tr(B)1 5 60 Empire Petroleum 5 d 334 91% 70 100 93% 2(1 pref Pf Ser A stpd_100 33 25 Empire St A Ir..100 750 Carib Syndicate_25 d 675 Pref Ser B_ _ _ 100 TITLE GUARAN 68 63 _100 Preferred min 15 71 Carriage Fact....100 Am SmelaRefg100 TEE & SAFE 185 min 58 Eureka Pipe L.100 175 0 1109 0 Preferred _ _100 Preferred........100 106% 1.761:1 DEPOSIT 92 88 Fajado Sugar _100 Case (..1 I) Thresh Par share. Am Snuff com__100 105 STOCKS 9134 9334 Far dr Ship Tob 95 Mach prof.. _100 Preferred_ _100 65 00 Amer Surety.._ 80 5 Warehouse ....l00 40 45 78 79 CaseinCoof Aim 100 Am Steel V'dries100 227 Bond AM Guar100 222 70 40 1st preferred_ 100 Case Lockwood & American Stores t d 25 73 Casualty of Am _10 25 2d preferred _100 200 Brainard Co..100 Am Sugar Refg_100 112 178 Chicago '1'& Tr_ 100 20 15 Fay & Egan com100 138 118 Celluloid Co __ _100 133 Preferred_ — _100 115 175 CitySD(AlbNY)100 150 GO 50 Preferred _ _ _ _100 100% Central Aguirre 993 Am Sumat Tob_ 100 Columbia Title 90 94 FederaiSug Refg 100 165 92% Sugar Cos.....100 162 95 Preferred_ _ ._100 5 (Washington) S d 4 94 90 Preferred_ ___100 64 Central C & C_ _100 Am Thread prof _ _6 d 3% 128 nielity&D (Md)80 d 127 43 Fisher Body__(t) d 40 68 Preferred ........100 Am Tobacco_ __100 192y 200 intMg Gu N Y..100 92 90 Preferred ....100 23 17 103 Cent Foundry...100 Preferred_ ......100 101 7% 8 K C (Mo) Casual_ 75 31 40 Foundation Co (t) d 65 37 42 . Preferred _ _ 100 Am Type Foun_ 100 Kentucky Title Co 100 90 Preferred_ .....100 58% 81 86 Cent Leather...100 5934 Preferred_ ___100 103 Preferred_ ___100 100 34% Freeport Tex Co(t) d 3334 _100 10534 106 Preferred Ain W W & Elec 117 110 Lawyers' M Co_100 28 5 2934 Gain (Robert) Common ____100 Certain-teedProd(t) 123 Louisville Title_ 100 120 100 _ _100 a 98 Co pref 8934 70 89 67 100 1st prof First pref _ _ _ 100 92 d 91 Maryland Cas Co28 92 90 10 80 Galena-Sig 011..100 100 14 75 2d prof Panic pref .....100 90 85 Mortgage Bond.100 130 Pref (old) ___ 100 115 Champion Coated Am Wind Glass 215 Nat Surety Co_100 210 105 Pref (new)_ _ _100 100 97 100 129 100 Paper Pref 100 90 NY Title & M tg _ 100 102 Gaston Williams Preferred.. _ ....100 100 Am Wind Glass 77 72 RETIns(Wash)100 28 & Wignaore_(t) dx 2734 83 100 86 Chandler Motor100 108% 110 Mach Rhode 1st S D _100 66% 66 Gen Asph com__100 100 78 45% 80 45% Chesebrough Preferred Title Gu Tr(StL)100 57 100 99 100 Pref 325 _ 100 300 100 Manufnet'ng Am Wool(Mass) 190 U S Casualty.._ 100 175 13 8 Gen Baking._ 100 94% 95% Chicago AuditoPreferred _ _ ....100 125 USFIdel&Gu(M) 50 d 124 67 60 Preferred ......100 15 14 80 rium Amu_ .._ 100 Am Wringer...._100 60 US TGu&Indem100 173 Gen Chemical_ _100 163 105 Chic June Rye & Preferred...._ _100 Westch & Bronx Tit 107 Preferred__ _ _100 102 135 3 Un St Ydstpc1100 Am Writing Pap100 170 Mtg Guar_ 100 180 49% 48 Gen Cigar corn_ 100 85 87 32 33( Preferred.... _100 21 Preferred.. _ _ _100 106 Preferred _ .._ 100 100 62 63 011_.C1 d 17 17% Chic Pneu Tool..100 Anglo-Amer INDUSTRIAL & 150 General Electric100 148 101% 101% Chic fly Equip_100 102% Armour & Co pf NEOU MISCELLA 125% 45 Gee Motors__ __100 125 41 1% Childs Co 100 1% Per share. Assets Realize ..100 134 d 1% Rights 90 94 20 21 Preferred _.....100 AMC Dry G'ds_ 100 45 I 47 Adams Express..100 83 84% Preferred _ _100 35 100 60 2634 100 65 Cin Tob Wareh_ 1st pref Advance-Rumely— Gen Petrol ____100 136 105 98 100 60 Cin IJn Stk Yds.100 2nd prat 101) 22% 23 Corn Preferred 20 9934 17 72 7234 City Investing_ 100 100 60% 60% Associated OIL 100 Pref 72 67 Gen Ry Signal..100 60 Preferred Assoclat'd Simmons Aeolian-Weber— 77 73 Preferred.. ___100 233 Ciev Cliffs Iron_ 100 230 300 100 265 Hardware 25 15 I Piano Plan..100 170 Globe-Wernicke 100 150 4 91% 93 Clev&Sand Brew 100 Preferred....._100 60 40 . _ 100 Preferred_ 107 Preferred_ _100 102 8 21 23 Preferred......10.;) Atlantic Fruit...100 Aetna Explosives 59 59% Goodrich (B F)_100 65 3 5 Cleveland Stone 100 7% At! Fruit & S.S.__ New stk (no par) d 7% Preferred_ ......100 10234 103 62 _100 60 37 42 Chien, Peabody100 All 65 60 Preferred_ _100 Preferred_ _100 104 10734 loodyear Tire & 71% All Gulf A W _50 d 70 Ajax Rubber _ 250 Rubber com_100 240 98 Collins Co 180 97% 100 160 Intl SS Lines_ 100 1% 1 ds 1Y, flights 105 Preferred __ _ _100 103 60 65 Preferred........100 _ _100 104 105 2d pre_ S Par value $1 000. i Par x• 'ue $10. k Last sale. a Purchaser also pays accrued int. d Price per share, not per cent. e Par value $500. eE ividend. y Ex-rights, 1 Par value $100. n Nominal. o Price per cent of par value. a Sale price. t New stock. u Ex-stock dividend. Min. Minimum prices established on the Montreal Stock Exchange. Without par value. 7% 48 Stocks. Par. INDUSTRIAL AND MISCELLANEOUS SECURITIES Bid. Ask. Stocks. Per. Bid. [VOL. 108. Ask. II Stocks. Par. Bid. I Ask. Stocks. Pa,. Bid. I Ask. Per share. II Per share. I Per share. Gorham Mfg pf 100 Ganst Monotype100 65 67% Pacific Mall SS_ 100.d 3334 35 Stromberg Carb (t) d 3934 403( Gorton-Pew 1-year scrip 99 100 Packard Motor..100 x 116 51 11734 StudebakerCorp100 5131 Fisheries com_50 d 303's 31 Laurentide Co ..100 192 195 Preferred.... _ _100 10134 Preferred __In() 92 95 Preferred_ _ _ _ 100 98 102 Lee Rub & Tire (t) d 233 24 Palrpoint Corp..100 131 Stutz Motor Car(t) d 4734 48% GrasseIli Chem_100 175 180 Lehigh Coal dc Pan Am Petrol Submarine Boat (t) d 11 11% Preferred ___100 102 103 Navigation --..50 dx 713/i 73 & Trans com_ _50 d 6734 68 Superior Steel_ _100 33 :35 Gray & Dudley _100 94 98 Lehigh Val Coal Preferred _ _ _ _100 11734 120 First pref _100 x 93 100 Gt A& P Tea pf 100 90 105 Sales BO d 84 88 PeckStow&Wilc 25 d 34 36 Swan & Finch.... 98 102 Great LakesTow100 58% 60 ' Leh & WilkesPennCoal&Coke 50 d 21 24 Swift & Co__ 100 118 11835 , Preferred.. _ _ ..100 94% Barre Coal......_5O d 195 873 215 Penn Salt Mfg 80 8334 8434 Texas Company 11)0 18934 190 Gt. Nor. Paper _100 225 250 Liberty Mills__100 100 105 PennSeab'dSteel(t) d 39 40 Rights 17 GreatSouthLumber Library Bureau.100 60 Penn Traffic_ _2% d TexrcConl&0111.00 1400 16% 1500 GreatWest Bug..100 315 325 Preferred_ ___100 953 100% Penn-Mex Fuel.. _26 d 52 55 Thomas Iron ___50 d 20 30 Preferred ___100 111 113 Lig&Myers Tob 100 205 245 Pettib Mulliken 100 25 45 Tide Water 011_100 217 227 Guantanamo Sug50 d 49 51 Preferred__ __100 108 109 1st preferred_100 98 Tobacco Prod....100 77% 7734 Gulf States Stee1100 52 55 Lima Locom___ 100 29 31 Phelps-Dodge CorPreferred_ 100 102 103 1st pref tr ctf.100 94 99% Preferred_ _ __100 70 75 poration _ _100 280 300 Torrington Co__ 2.5 d 54 55 Hale&Kilburn Corp Undsay Light_ _ _10 d 133. 14 Pierce-Arrow Mot Preferred . _ _ 23 d 27 Common ____ too 2 6 Preferred 10 d 10 10U Car Corp(no par) d 403 41 Transue & Williams Preferred 14 _100 19 Lit Brothers__ 10 d 25 Preferred _100 102 Steel Forg ___(t) d 33 38% HallSwitch&Sig100 2 5 Loose-Wileals_100 44 X 45% Pierce 011 Corp -25 d 173 1734 Trenton Pott__100 6 8 Preferred _ _ _ _100 8 18 let pref 100 943 Pittsb Brewing. 30 d 3 4 Preferred ...100 48 58 Harbison-Walker 2d pref 100 94 97% Preferred.......30 d 83 934 Triangle Film-- —IS d Refractories .100 120 Lord dc Taylor..100 15 Pitts Coal(Pa)_100 6 4534 45% Underw Typew _100 124. 135 Preferred _ _..100 8 100 let pref 100 53 48 Preferred _100 86 87 Preferred _100 105 543/i Hartman Corp_100 57 2(1 pref.. 100 25 35 Pittsb PI Glass.100 119 Un B&P Corp_100 78 80 Hart, Schaffner Lorillard (P)__.100 150 165 Pittsb Steel pf_ _100 94 9034 Union Carbide de Marx 74 100 76 Preferred.._ _100 1063( 109 Plant G)pref.100 (T 95 97 & Carbon_no par 5634 5034 Preferred _ __..100 108% 110 MacAndrews& PlimptonMfgeo100 100 Union Ferry(NY Hask&BarkCar_(t) d 42% 42%, Forbes 100 195 205 Porto-Rican Am & 13rooklyn)..100 38 43 Havana Tob.. 100 2% 3 Preferred 100 90 100 Tobacco 100 130 140 Union 011 100 11734 117% Preferred_ _ _100 3 4 Mackay Cos.._100 71 73 Prairie 011&Gas 100 660 665 U111011 Tank L 100 114 116 Hawaiian 'Com Preferred_ 100 64 64% Prairie Pipe L_ _100 270 275 Un Stock Yds 25 d 47 & Sugar Manhat Beach CO.. 3 Pratt&Whit pf _100 9734 So Omaha__ ..100 94 9734 100 Helms(OW)Co100 140 170 Manhattan Elect PressedSteelCar 100 63 United Alloy Steel t d 383 6234 39 Preferred _ _ __100 104 110 Supply 100 40 46 Preferred........100 100 102 Untd Clg Stores Hendee Mfg._ __ 100 12 14 let preferred_100 91 95 Proc & Gamble..100 z 685 700 of Am com___100 111 112% Preferred _ _ _ _100 86 92 Manhat Shirt...100 67 78 Preferred.._ _..100 150 170 Preferred__ _100 105 126 Hercules Powder100 205 210 Preferred__ _100 Pullman Co_ __ _100z 117 120 United Drug_ __100 95 93 Preferred ____100 105 109 Maple Leaf Mill100 126 127 Quaker Oats......100 295 305 let pref 30 d 53 53% Herr-H-MarSafe100 10 15 Marlin-Rockwell Preferred____100 102 103 2d pref 100 90 92% Heywood Bros & Corp c t ___(t) d 80 Ry StI Spring....100 72 UnitedDyewood100 71 53 61 Wakefield Co 100 165 170 MathrsinAlkali...150 d 37 Preferred _100 104 107 Preferred _100 90 Preferred _.._100 90 95 Maxwell Mot_ _100 30 30% Reece Button United Fruit.... _100 15934 160% flock Val Prod..100 6 8 let pref 100 523 53 Hole Machine 10 d 143( UntdPaperBo'd 100 15 21 22 golly Bug Co. --(t) d 35 40 2d pref 100 21 22 Reece Fold Mach 10 d 3 3j Preferred ....._10t) 66 Preferred _ - __100 94 96 May (The) Dept Remington TypewUntdShMachCor 25 d 44% 45 HolyokeWatPo.100 400 StoresCo corn 100 63 64 Common _100 30 32 Preferred 23 d 27% 28% Moven Owens & Preferred........100 105 106 1st pref 100 82 84 U S Bob & Shut 100 80 90 Rentschler pf 100 85 100 McCrory Stores 2d pref 100 73 77 Preferred _ _ 100 9734 105 Houston 011 etre 100 73 74% Common____100 17 22 Reo Motor Car_ _10 d 2134 223j USCastIP&Fdy 100 15 1434 Preferred etre 100 70 Preferred ____100 85 95 Repub 1k Stee1.100 Preferred........100 45 7234 7234 46% Div oblig___FdeA J 100 '101 Merg Linotype_100 130 131% Preferred —100 101 10134 U S Envelope__100 200 220 Hutch Sug Pltn_23 d 214 22 Merritt 011 10 d 23 24 Reynolds (R J) Preferred_ _ _ _100 110 112 Hydraulic Pr Br 100 5 6 Mexican Petrol_100 166% 166% Tobacco 100 380 420 U S Express_ _ _ _100 z 16 18 Preferred_ __ _100 38% 40 Preferred__ _100 1063 B Corn 330 U S Finishing...100 100 300 65 Illinois Brick_ __100 59 60 Mich Limest&Ch25 d 18 20 Preferred.. _._100 106 109 Preferred_ _ _ _100 105 11034 Illinois Pipe L_ -100 162 167 Preferred_ _ _25 d 15 17% I A dividend scrip.. 95 100 1:7 S Glass 100 31 Imperial Tob of Midvale Steel dc B dividend scrip_ 95 100 U Ind Alcohol 100 1024 103 Canada corn.._ _5 d 6 7 Ordnance 80 d 41 41% Rome Brass&0_100 300 Preferred...._ _100 325 9934 101% Indepen Brew'g_130 d 13 2 Midwest Refg 50 d 1283 129% Royal Bak Pow 100 130 U S Play Card_ 100 190 205 Preferred BO d 6 7 Mitchell Motors (t) d Preferred.... _ _100 92 95 U S Print & Litho Indiana Pipe L__50 d 100 105 Moline Plow 1st Royal Dutch Co(t) d 7434 75 common 100 17 Indian Ref corn 100 138 142 pref 100 95 97 Saco-Lowell Co.100 135 145 1st prof 100 77 Preferred ___100 87 89 Montgomery Ward Preferred__ ....b00 9334 89 2nd pref 100 29 30 Ingersoll-Rand 100 170 175 & Co, pref 100 110 112 Safety Car H&L100 56 59 US Realty & 1m100 23 24 Preferred _ ___100 98 102 Morse Twist Drill St L Cot Comp.100 30 U S Rubber_ _100 7534 7534 Inland Steel ....-100 198 202 & Machinery_ _50 d 195 St L Rocky Mt & let preferred_100 109, 4 178% 10 Intercont Rub_100 19% 19% Mt Olivet Cemetery Pacific Co_ _100 40 USSmRef&Min 30 d 46 46% Int Agr Cor com100 15 16 (Nashville) _ ..100 90 100 Preferred ____100 60 70 Preferred 50 d 45 46 Preferred_ --_100 57% 57 Nashville Wareh SantaCecilisSug100 21 1U S Steel Corp_100 18 89% 8934 Intern Banking_100 160 & Elevator....100 20 27 50 Preferred ......_100 Preferred _ _100 z 11334 114 54 Inter Button Hole Nat Acme Co_ __150 d 30% 31 Sapulpa Refg_ _5 d 7 734 Vacuum 011____100 405 415 Sew MachIne_10 d 4% Nat Aniline & Savage Arms......100 61 Vandalla Coal__100 60 5 Int Educational Chemical com100 20 25 Saxon Mot Cor..100 Preferred _ _ _ _100 83 834 12 Publish'g com_50 d 25c. 75e. Preferred ...... _100 75 80 Scovill Mfg_ __ _100 340 360 Va-Caro Chem_100 53 54 Preferred 50 d 53/ 6% Nat Biscuit_ __ _100 110 115 Sears, Roebuck Preferred __ _ _100 11234 113 Int Harv (new)..100 1123 113 Preferred__ __100 116 120 & Co corn.._ _100 169% 171 Va Iron,C & C_ 100 54 60 Pref (new)_ _ _100 114 Nat Candy.... -100 71 4 72% Preferred _ ......100 119 120 Vulcan Detin_ 100 8 12 Inter Mere Marine let pre 100 109% Secur Corp Gen..100 Preferred 25 100 8 40 Corn 100 21% 22% 2d prof _ 100 98 100 Preferred _....100 75 Waltham Watch100 17 19 Preferred ___..100 97 Nat.Cloak&Sult100 963 70% 72% Shredded WheatCo. Preferred........100 80 80. Inter Nickel____ 25 d 25 25% Preferred_ _ _.100 104 114 Common .._ _ _100 12434 125 Warwick I & St--10 d 8% Preferred —_100 94% NatConduit&C. d 143( 15 (t) Preferred Washburn Wire 100 300 90 _100 350 Inter Paper____100 33% 34% NatEnam&Stpg 100 48% Silversmiths Co 100 4831, Preferred_ _ _ -100 103 70 108 Preferred----100 75 99 Preferred........100 93 97 Preferred_.. _..100 Washington 011_10 d 36 93 40 Pref stamped--62 63 Nat Fire-Proofg 50 d 7% 77 Sinclair 011 de Ref t d 3434 35 Wash Market__ _BO d 16% Internet Petrol_ -El d 21% 22 Preferred____ 50 d 15 y k Warrants 1534 d 38 Wayland Oil & 0_6 d 33( 42 394 Inter Salt 100 52 60 Nat Lead 100 68 Singer Mfg_......100 184 673 188 WefIsFargo&Co 100 66 70 . Inter Silver..-__100 25 Preferred_ 100 1083( Singer Mfg Ltd_ El d 5 534 Weisb'chCocom100 n 41 % Preferred_ - —100 92 95 Nat Ref corn.... _ 100 190 Sloss-Sheff MI.100 z 48 50 WestingAirBeke BO d 9434 95 Int Text Book_ _100 30 32 Preferred .... _ _100 124 125 Preferred ...._ _100 913( West'house, Church 88 Iron Steambt Co.10 dn 13/ 3 Nat Sugar Refg-100 101 99 Smyth Mfg Co_100 160 200 Kerr & Co_ __100 63 67 Isl'd Oil & Trans 10 d 73. Nat'l Transit 12.50 d 1634 17% Solar Refining-100 360 380 Preferred_ _ _ _100 86 81 JR Montgomery 100 90 Natomas Co of Cal Southern Pipe L 100 175 180 West'hse El&Mf d 41 41% Jewel Tea 100 30 33 preferred 100 23 South Penn 011_100 300 310 1st prof _30 d 60 65 Preferred_ _ --100 89 00 New Departure SoPortoRicoSug100 135 145 Westmor'd Coal_50 d 70 75 Johnson Tin Foil Mfg pref____100 103 Preferred__ __100 107 110 W Va Pulp&Pap100 125 175 dc Metal 100 80 100 NJ Zinc -100 250 254 S'west Pa P L_100 102 Wevm-Brut Co_ 100 167 OS 175 Johns-Pratt Co..100 300 320 New Mexico & Spicer Mfg corn..100 30 25 Preferred _ _ _ _100 104 110 K C Stk Yds of Me Arizona Land--1 d 1.30 1.50 1st pref 100 90 Wheeling Mould 85 Common _ __ _100 70 77 Now Orl Brew.. ..100 Stand Coupler_100 19 10 & Fdy new cora 95 Preferred.. _ _ _100 75 80 Preferred........100 Preferred 100 100 New preferred 54 Kayser(Jul)&C3100 S 107 N Y Air Brake_100 973/ 9 99 Stand Milling_ _100 126 130 Wheeling St & I.100 138 141 1st preferred_100 N Y Dock 100 21 23% Preferred _ _100 90 White Motor.... _ d 46 8834 46% Kelly-Springfield Preferred........100 40 47 Stand Oil (Cal)..100 270 274 Willys-Overland 25 d 2494 24% Tire corn 25d 79% 80 N Y Shipbldg__(t) d 24 26 Stand Oil (Ind)_100 z 760 770 New pref_---100 88% 8734 Preferred __.._100 90% 98 N Y Transit......100 d 200 210 Stand 011(Nan)100 525 550 Wilson&Co vto_100 66 68 Kelsey Wheel__ 100 30 36 Nicholson File_100 355 Stand 011 (Ky)_100 365 375 Preferred.. _ --100 95 99 Preferred ___100 88 95 Niles-Bem-P'd ..100 104 100 Stand Oil (Neb)100 540 560 Winchester Repeat Kentucky Wag_100 69 71 Preferred........100 95 98 Stand Oil of NJ..100 683 687 Arms ctf dep_100 600 Heyst Watche'e 100 Nor& W Stboat 100 186 200 Stand 011 of NY 100 323 327 Corn w I (new)._ d 90 100 Kirby Lumber_100 24 26 North Amer Co..10047 50 Stand 011(Ohio)100 460 480 Pref w I (new)___ d 90 100 Preferred _ _ - _100 92 97 N. A. Pulp de Pap.t d 3 334 Standard Sanitary Woman's Hotel 100 Kolb Bakery pf._10 Northern Pipe L100 110 115 Mfg com__ _100 Woods Mfg 100 a 8631 Kresge (5 5) Co— Nova Se St & C.. 100 45 47 Preferred _ _ _ _100 Woodward Iron.100 40 50 New stock_..-100 108 Preferred ........b00 100 Standard Screw 100 250 Preferred 260 85 95 Preferred_ ___100 106 Ogilvie Fl Mills_100 215 224 Preferred A ..100 102 Woolw'th(FW)_100 z 126 130 Kress (SH)& Co100 65 623/ Preferred.._....100 a 107 4, Stanley Rule & Preferred__ _ _100 11634 118 Preferred ..__100 1033 107% Ohio Fuel 1d 19% Level(NBrit)_100 345 380 World Film Sd X La Belle Ir Wks.100 34 06 98 Ohio Oil 2 d 318 3 322 Stanley Works.. 23 d 94 96 Worthin ton Pump Preferred _ _100 1143' Pkia Prod & Ref _ _5 d & Mach•t 0_100 934 Steel Co of Can..100 z 58 54 55 5831 Lackawanna St 100 64 65U Old Domin 55.-100 n 60 70 Preferred .......100 Pret A v t e_ _100 94 88 9431 8931 Lake Sup Corp_100 l9/ 194 Otis Elevator-100 1 65 70 Stern Bros pref_100 73 Pref B v t c....100 67 69 6734 Lake Torp Boat..10 d Preferred.. _100 84 87 Stetson(J _100 k3023( Yale & Towne_100 210 220 Lake of the Woods Owens Bot Mach.25 d 47 Preferred__..100 • 48% 150 Young (J S)Co_100 120 s150 Milling 100 168 Preferred ........100 100 109 Stewart-Warner Preferred... _100 95 105 Preferred .._ _ _100 s 106 Pac Coast Co.._100 4134 Speedometer 100 50 84 8434 Youngstown Sheet Landers, Frary 1st pref 100 70 100 Stromberg-Calrs_25 d 22 & 'rube _ 100 301 & Clark 25d 563 58 2d pref_ -100 56 85 Preferred 100 10831 a Purchaser also pays accrued dividend. b Assessment patch d Price per share, not per cent. k Last sale. n Nominal. a Sa o price. I Ex-stock dividend. u Ex-cash and stock_dividend. x Ex-diVidedd. Y Ex-rights. tWithout par value. min. Minimum prices establ shed on Montreal Stock Exchange. Per share. 85 9( I 49 UNITED STATES AND MUNICIPAL BONDS them,"and interest." That is the accrued interest In State and municipal bonds the custom has always been to quote at is, where the prices added on. There are a very few instances which form exceptions to the rule-th must in all cases be having been taken into account in making them. These are indicated by a special given are flat prices, the accrued interest mark, thus (J). basis on which the securities sell or the interest rate which the securities The figures in the column "to net" indicate the net to the purchaser at the present market price. if held to maturity will Bonds Bid. To Ask. Net. • - Bonds Bid. To Ask. Ned Bonds Bid. Ask. To Net. 4.80 Everglades Drainage Dist 4an Mateo Co 5s '19-'42 SAO MAN b 6% 551% 6s 1923-1935 is.nta Barbara -5s gold Soh o Co 4.75 Hernand 1920 to 1941.___ __Jan 10 07 4.75 58 Fund&Flighw 1944 J&J 95 _FAA 43s g Aug 1943 4.75 ' 4.80 Jackson, 5s May15•24 MAN itoekton S D 5s '19-'21_J&J 4.75 58 Improvt Jan 1'36 _J&J page 60. CANADA-See 4.75 Imp Nov 1936_MAN 43.4a COLOR A DO 4.75 FAA 4%s Feb 1937_ 075% 99 48 1922 opt 1912_ __NUS ille S ri No 1-___ Jacksonv 100 Boulder 5s Sept 1 1.926_M&S 98 100 • _ 5s April 1945---100 Canon C'y 5s '31 op'21MAN 98 975% 4.75 Key West 5s 1942.__J&J 94 ColoradoSp_ga4s'29op'14MAS 5 4.75 Miami 5s 1919-1944_ _J&J Marl 1941 4s Ref. Water 97% Orange Co 5s 1944 ___J&J 95 100 Delta Co 58 ref'30 op'20 JAI) 98 98 Penscaola 4%8 ref 19.41.A&O 100% Denver 55 Oet 1919__ _A&O 100 5% b 5.10 5s Road 1921-40_ 5s Aug 15 1928 _FAA 15 b 4.60 4.50% --- Polk Co 4.65 Tampa 5s June'55 op'25.J&J (City and County)Denver 4.90 Mun Imp '62 op'32J&D 5s 4s Water Nov '48_ MAN 98% 99% 45.s ALABAMA Co--- Garfield 96 48 renewal Cl C 1956._ _J&J 93 FOREIGN GOVTS 100 58 refdg May 1933 op '23. 99 -_ 45 Currency fund'g 1920_J&J 98% 99% 4.20 Grand Jet 54 '26 op '21_J&J 98 Amor Foreign Securities Co 100 5 % 99% 33's renewal Jan 1956. _J&J 5% gold notes 1919_ _F&A 99 92% Lake Co 4sNov'21op'11A&O 90 5 (is ref '23_F&A Sirnaingham Anglo-French .5s'20_A&O 15 975% 97% 955% Las Animas Co 4%s 1931 J&J 933 5 , 53 s March k 1927 _M&S Argentine Republic 95 4.90 Ouray Co-49'21 op '11 FAA 90 93 5s Improv Sep15 '21 MAS Internal g 5s of'09 s f M&S 89 4.90, Pueblo 6s Sept 1 1921,MAS b 4.90 4.75% • J&J 5s School 1924 6% Trees bds May 15 1920 985% 99 4.90 PuebloCo4%sref'3lop'2 UFO b 4.90 4.75% .__J&J 1 595% 58 Sewer 1038___ British-Con525%s op'23.Q-J 4.90 Pueblo Co S D No 20 4s 5s Fund Sep 30'41 MAS30 45%s War Loan'25-'45J&D 995% MAS b 4.90 4.75% 1932 4.90 A 1001 Jefferson Co-651921__A&O 0 55%7 g notes 1919_ _MAN 100 100 Trinidad 5s '32 op '22_A&O 99 4.90 J&J 58 July 15 1920 _ 5%% g notes 1921_ _MAN 985% 98% 4.90 100% 1031_ ___J&J 4%s July 1 55%s g Feb 1 1937_ _ FAA 1005% 4.90 CONNECTICUT 43-0 Hospital 1963___J&J - Chinese Government J&J 99% 100% 4.90 4s July 1 1936 Mobile-58 Sewe'r 1942MA N 4.60 6% Treasury notes Nov 4.90 Ansonia 43.s 1919-44 ..A&O 98 MAN 95 58 School 1943_ 4.90 Bridgeport 72 58 Dock Nov 1 1947 MAN 1k 18,ng Hu 9u9 Rye 5s Z_J&D15 71 4.50 4.90 4%s Bridge '19-'65_ _J&J 4%s Refunding 1937 A&0 4.50 5s of 1896 £ red on or 4.90 4%8 School 1919-25_F&A Sew '39...J&J 82 Wat & A&O before 1933 4.30 15 , 4.90 *0 July 11022-1941 J&J Mobile Co 58 ref 1928_ _M&S of 1898 red on or 4.30 Mc° 4.90 *4Xti 1922-1946 J&D _ - -- 72 NUS 5s Ref 1931_ before 1944 4.30 4.90 4s Corp July 1919, _J&J 95 58 Road Feb 1932_ _ _ Fez A 4.30 Cuban 5s 1944 op 1911_MkS 93 4.90 *55 Street 1923-1947 _JAD 1947_ __MAN 543 Nov 1 4.60 "Internal" 5s Nov 28 1913 4.90 Bristol-4s Funding '27..J&J 89 MAN 28 85 413C Ii & Jail 1026_ _ _J&J optional 4.60 _J&J 4.90 Danburv-4s 1920 83 Montgomery-ila 1924_ .J&J 4.60 "Ext•i" g 440'49 op_F&A 81 A&O 4.90 3%s Oct 1941 Sc Street Pay 1923__J&J g 56 1949_ _ __P&A 905% 96% 4.60 "Ext'l" 4.90 3%sSch & Ref Apr'32 A&O J&J 58 Funding 1940 4.60 Dominican Republic 4.90 ElIartford-45'24op'04A&O 43s Water 1928.._.. A&O 4.60 Cust's adm e f 58 '58_ F&A 90 4.90 45 Funding '39 op '29.A&O 4%8 Sch WW&Sew'44.T&J 4.60 France (Republic of) Fire D 48 1931_A&O 4.90 E Hartf Motitgom'y Co-5s'35A&() 4.50 6% National Loan not red Fairfield Co 43is C IT '45J&J 5 Selma-55 '27 op '10 MAN before Jan. 1931_Q-F 16 v $164 $169 4.50 Greenwich 4%s 19-'24. _J&J 55%5 cony notes 1919.A&O 1045% 1015% -4Greenwich (Borough). ARIZONA 4.50 Hawaii, Territory of -is 4.50 4i Funding 1919-38 Jit 100 4348 ref Apr '38 op '28 J&J1.6 48 Imp '41 opt '31_ _ _F&A 98 Hartford 100 Maricopa County S D No 1 4.30 4s Imp Sep3'42op'32.M&S 98 4.80 33.8 g June 1 1955_ _J&D Mar 100 58 March 1933 48 May 15 '46(op'36)MAN 98 4.80 Hartford School Dist -is 100 Phoenix 43 1950 op'30 J&J 4.40 4s Aug 1947 (op '37) F&A 98 4.80 45 241 North '24 op'04 J&J 96 11s School Mar 1933.. 4.40 35%s Imp '21 op 1911_J&J 94 MAN 4.80 3%s South MI_ Se Jan 1 1954 op 1934_J&I 4.40 Italian Government 4.80 3e Smith 1955 _.M&S .JA.1 Prescott-5s 1948 55%% 10-yr g bds(Sept•16) 4.80 Meriden (Town) Tucson-5s Water 1950 J&J 4.50 5% lot 1926-1941__J&J u-iiia 4.80 33.s 1910 to 1924_ _MAN 4%s WW Mch10'38 MASIO 4.40 Japanese Government Middietown-451922___J&J 88 ARKANSAS 4.50 45%s '25 opt '10_ _ FAA15 e 87 J&J 3%8 1921 Ft Smith-58 1926.___A&O 4.60 4%s £ 1925 opt 1910 (2d -_- New Britain 4sJuly1'27FA A W W 1919-1926__MAN J&J 10 s 875% 88% 58 series) 4.60 3%s Sewer 1924_ . _J&J (it Francis Levee Dist le £ '54 opt '10_J30 A D31 5.50 New Britain (Town) 68 Oct 1 1943 opt '33_J&J 4.60 4sJJau'3loptafterl92Lc 705% 5.50 3%s Sch 1929 op '09_ F&A 91 J&J 69 1947 opt 1937 Neth'd Gov 5s '19-'30_ F&A 5.50 New Haven J&J 5%ii 1945-1964 5.50 4s Sewer 1919-1929 _A&O b4%% 4.40% ___ Philippine Islands-'14_Q-F 90 J.:1'J 96 5e 1949 opt 1929 48 g L Pur '34 opt __ 35%s Oct 1919-1924._A&O /AA% 4.40% 96 CAI.IPORNIA 48 P Wks A Imp 1935.Q-M 90 J&J 64A% 4.40% 413 Town 1939 96 4%sUnly bidgJan5'21-65J&J b 4.60 4%% _-- *35%s Town ---4.Impt 1936 opt '16_ F&A 90 1919-1929_J&J b 4.30 4.25% 96 43.s Highw 1936-41J&J 3 b 4.60 44% _ 4s gold Dec 1 1946_ __Q-M 90 New London 4s Soh '27 J&D 45 Herb Imp 1985 op'50_J&J b 4.60 4.50 Philippine Ity-see under Steam RIts J&J --3%s Water 1926. 100 Highw July 3 '19-81.J&J b 4.6 J&J 98 45 4.50 Porto Itico-48 1919-33_ 4.80 Norwalk-444s Jan 15'54 J&J 100 Alameda-4s '19 to '41 _JA D 4.50 is Jan 1 1937 opt '22_J&J 98 J&J _ 4s g May 1935 4.80 100 4%s Mun Imp '19-'48A&O, 4.50 413 Jan 1 1044-1950___J&J 98 4.80 35%s Water '29 op 19_J&J 100 Bakersfield 58 '19-'52_A&O 4s gold 1919-1956_ __J&J 98 4.60 4.80 Norwich-440 1939_ __ _MAS 100 Berkley 58 1942-1951_ _ _J&J 4.60 is Road l927-1930J&J 98 _MAS 4.80 4e 1930 100 J&J 98 Ifs School 1020-1955_ _J&J 4.60 4s 1927-1930 reg J&J 4.70 Town 35%s 1925 Ang-4%8'19 to'35 J&J Los 4.60 Russian 4s of 1902 opt.. Q-M 4.70 Orange-4s H Fund '25.. J&J 4%8 Ott Dec31'19-'37J&D Wladlkawkas 4s Jan 13'57 4.60, 4.70 South Norwalk 45%e'42MAN 35 4%s Herb Imp'19-'51J&D optional 1918.... _ _J&J14 25 4.50, 4.70 Stamford 4s Park 1942 MAN 62 4!El plant '19-'51 J&D 0ereditrne18•19J&J10 60 4.50, 65%7 4.70 45%s School 1920-1945.J&J $135 4, s Aug 1 '23-'42_ _ .F&A 55%% Int Loan '26_PAA14 3130 4.70 Wallingford-. 58 48 V SIM 1919 to '45 MAN 4.50, 153.4% Ext Ln Dec '21 J&D 56 4.70 48 High Sch 1919-'46_J&D J&J 48 g 1920 to 1930_ _ 4.50, 4% Jut Loan 1924_Q-M 14 310 0 $160 4.70 Waterbury4 5%sSch•20-21.I&J '41 A&O 348 Water '19 to 4.50; Swedish 4-35%e 1920. __FAA 4.70 Ole Water 191927E_ _J&J 43.e Sob 1919 to '44_a&D 4.50, Switzerland 48 optional.J&D 4.75 45%s School 1922-1953 J&J Loa Ang Co 43.8'20-'49 P&A MAS 995% 100 4.50 5% notes 1920 4.70 ls Water 1920-'49 ___J&J 0 Oak1and-538 '19-'43_1 (1'A -4.50, United States of Mexico 4.70, 4s Park 1919-1958_ _ _J&J '19-'43F&A 66 4%s Mun Imp 4.50 5s g Ext Ln Ref '45_Q-Jan c 55 4.70 33.ifi School 1920.'32_ _J&J 55 4%8 Jan 15 '20-'47_ J&J JAD 47 1.50 4s gold 1954 4.70 West FIartf'd 45%8,'43_JAD 4408chA.c.ine'19-'51 J&D 4.66 .,A&O 4.80 Willimantic-4s 1924. Oakland 8 1) 4s '19-'44_J&J Ac. 4.60 FOREIGN CITIES, 4.80 Windham-4%s 1944....J&J Orange Co 15s '19-'45_ _ _MAS Amsterdam 48 1900-'01_ A&O 4.75 DELAWARE Pasadena-4sJan'20-'42 J&J 4.40 Bordeaux (Fr)138 '19 ._.M&N 100% 101% 4.75 3s Dec 1 1927 op '02___J&D '19-'36 A&O 4%s Wat Pl't 4.50 Copenhagen 4s of 1901.MAN 4.75 NewCa8tleCo45%0'26-34J&D 102 Pasad S D 4%8'19-'22 Sep 15 4.50 Havana-1st 6s 1939.....Q-J 09 4.80, 48 Ref Dec '19 to '24_J&D 101 Redlands-58 '22-'51_ _J&J 98 4.50 2d as 4.80' 35%s 1919 to 1920__J&J Riverside 58 1910-53_ ...J&D 100% 101% Lyons (City, Fr) Os 19MAN 4.80 Wilmington-45%s '22 _A&O b 4.70 4.50% Riverside Co 58 '25-'54 MAN Marseilles (Fr) Os '19.. _ MA N 100% 101% b 4.70 4.50 0 4.75 45%s St & Sew 1934_ _A&O Sacramento 48 Jan'19-'45 op 99% Paris(City of)6/11921.A&015 99 _A&O b 4.70 4.50 4.75 45%s 1028-1937_ _ 4s Sew & Dr '27-'34 J&J San Juan (City of) Porto RI co 4.75 45%s Bldg-Con '53-62 MA S b 4.70 4.50 /s,% Sacramlo Co43is'19-46J&D J&J 65%% 4, 5s Ref & Imp 1922-36_ 4.75 4884 &Sew Apr 1925.A&O b 4.70 4.60% BanDlego158 WW•19-'54A&O Sao Paulo (City), Brazil 4.75 7% 4 s 1919-1941 _ ___J&J J&J b 8% 6% Ext g bds 1919-28 4.75 01ST OP COLUMBIA Wh & Her '20-'52J&J 4 Tokyo (City of) 5s of 1912 99 4.75 3.65s Fund cur 1924 _F&A 95 San Francisco 56 g'19-'55J&J 52M&S 81% 82% Red ann s f beg'174.75 FLORIDA 58 Muffle 1919-1960 J&J b 5.25 5% 4.75 Dade Co.55 Oct.'47-'54 MAN 55 1919-1939 4.75 Duval Co 55%4'32 op'12MAN 102 -----A&O 438 April 1922 Lit D 100 4.75; 56 Road 1939 3s g July 1 '19-'44_ _J&J _J&J 100 -----4.751 58 Armory 1944_ SanJoaquinCo titi '19-'49 J&J at price. h On the basis of $4.86 2-3 to the C. I In London. cut, b Basis. c On basis of $5 to the £. d On the basis of 4 marks to the dollar. IF flat. v Dollars per 1,000 francs. *Tax-exempt in Connecti n Nominal. s Sale price. (Dollars per 1,000 rubles, flat. u Dollars per 1,000 lire, UNITED STATES-Se e also pagel9 2s Pan Can Nov 1938__Q-F 98 -----Postal Say 1931-36_J&J 2%s 38 Conversions 1946-47_Q-J 83 Q-3 3s Treasury notes Instrumentalities of U S Gov t 101% Fed F'm L 4%s'37_MAN 98 104% Fed F'm Loan 5s'38_ MAN 100 Fed F'm L bonds issued by Bk,Chic First Jt Stk Ld 5s, 1937__ ___ MAN 100% 103 Liberty Jt Stk Land 13k Salina, K,5s'38MAN 100% 101% -U. S. Possessions-See Fore Iv' Go vt. p. 49 50 STATE AND MUNICIPAL BONDS To Ask. Net. [VOL. 108. Bonds Bid. To Bonds. Bid. Ask. Net.I BONDS Bid. Ask. Net CANADA Macon-5s July 1923___Q-J 434'Ottumwa 43 June' 1936.. -is Dominion of Canada 95% 4.60 44 Oct 1926 (4„I 43-4 'Polk Co 43-4s '22-'32 Adz° 15 5 5% gold notes 1919__F&A 99% 99% 4.60 4 s W W 1919-'3_J&J 6__ 45 Court ae 19-'24 A&O 43-4 ffs 1921 % 99 8 A&O 98 4.60 45 Pay & Sew120to'39..J&J 434 Waterloo 55 1928 A&O 97 973( Rome 434a 1926 .130 4.70 430 W W Jan 15 '30.J&I 5 fis 1931 A&O 973 97% 4.65 45 Munic bldg A&O 4.70 Woodbury Co 55 '25-'32 J&J Mar 1 1937 M&S 95 95% 4.50 Savannah-4345 ref '43...1&J 4.60 4.40 --_ 5s Vict Ln Dec'22_J&D 100 4s Drainage 1944 FAA 4.604 40 53s Viet Ln Nov'23M&N 100% 100 43.4e refunding 1959P&A 4.60 4.40% --KANSAS 53.s Viet Ln Dec'27_J&D 1003. 100 8 , Spalding County Atchison Co 53is Viet Ln Nov'33M&N 101% 1013 , 5s Dec 1 1923-1030..J&D 14.60 4s Refund '29 op '14__J&J 53.s Viet Ln Dec'37_J&D 1023 103 5 Valdosta 5s 1920 '42........Jan 4.90 Emporia Alberta, Province of 45(s Dec '29 op '19__F&A 5% deb May 1 1925_M&N b 6% 5.75% 5 IDAHO EmporlaSD430'32op'22.I&J 434% s f deb 1924 F&A 92 5 94 434s May 1 '31 op '21 J&J 4.50 Ft Scott 430'35 op '10 M&S Calgary 55 1933 J&J 5 7- 430 Highway '35 op 25 J&J 4.50 Galena 58 June 15 1935___J&D 15 7 43is Highw `37 op '27 J&J . 4 50 5s W W 1919-1943_ _J&D 5s July 1,1945 J&J 4.80 7 48 Jan 1 1934 op 1924_ _J&J 4.50 Hutchinson-59 1931_ A&O Galt 430 Apr 18 '31_ A&018 4.80 7 Blaine Co 5s F03'22-'31..1,10 4.75 430 Pub Bldg'81op'31J&J 43ls ElPowrne5'31.J&D5 4.80 Boise City 5s '22 op '12_J&J Kansas City Guelph BoiseC'ySD58'25op'15 MAN 55 Feb 1 1920-1925_ FAA b 4.70 4.50 15s Cons debt 1920____J&J Shoshone County 434s Wat&ElL '19-22A&O b 4.70 4 50% Halifax N S 4s July 1945..___ b 67 5.75 5s 1919 to 1924 op'15_J&J 434s Sch Bldg 1929 ..J&J b 4.70 4 50% 5s Jan 1951 J&J b 69 5.75 434s Wat Plant Pur'39.140 S 4.70 4.50% Hamilton 4s 1922 A&O b 67 5.75 ILLINOIS 443 Retg Feb 1 '29__P&A b 4.70 4.50% 4s Apr 1 1932 A&O b 67 5.75 Chicago 4s 1920 to 1924_J&J 4.50 Loavenw-4%a '19-'21 _J&.1 Elec L & P 1941 A&O b 6% 5.75 0 4:7d 48 'World's Fair 4.50 Morris Co 4%s'l9-'23. J&J Lachine P Q 5s 1954......J&D 4.70 (13i 4s g 1920 1925 1921....J&J J&J 4.50 Sedgwick County hdalsonneuve Q 48 g Judg 1920 to'24_ _J&J 4.50 5s Fund 1925 op 1915 J&J 53e May 1 1919 __M&N 4.70 4s g Gen Corp '20-'25_J&J 4.50 434s11'ge Oct'27op'17 J&.1 5e May 1 1930 ___M&N 4.70 4s 1920-1931 J&J 4.50 Shawnee Co -4s 1924_Met N 5 a May 1 1936____M&N 4.70 7 4s Ref Wat 1922-1935_J&J 4.50 Topeka ManItoba 5s 1920 F&A b6%7 531; o So Park 4s '19 to '24_J&D 4.50 5s Top Wat Sept '26_ _J&.1 4s gold 1930 M&N b6% 5A 0 4.60 Lincoln Park 48 1923_J&J 4.50, 430 Elec Light 1929..J&J 4s Drainage July 1 '29.J&J b6% 0 5%% 4.60 No W Pk 43.4s '20-34 J&J b 4.90 4.60% 45 Water April 1 '24. A&O Montreal 4.60 W Chic Pk 4s '19-'31_J&J Topeka S D 4s Jan 1925 J&J 5s Dec 1 1945 J&D 4•60 6 Chicago Sanitary District Wichita tis e 1 Nov 1 1956.__M&N 6 4349 July 1 1923-1926_J&J 4.50; 55 1929 opt 1919 .1&.1 4lie May 1954 4.60 6 48 Dec 11910 to 1923_J&D 4.50, 430 1923 A&O 4a Jan 1944 J&J 4.60 6 48 Sept 1919-1931_ M&S 4.50 Wichita School District 4s 1925 M&N 6 Cook Co -4s 1919-'25_M&S 4.501 430 July 1 1923 MO 48 rag May 1927__ _M&N 4.60 8 40 Ser K 1919-1931_J&D 4.50 Wyandotte County 45 May 1 1933 L.... ..M&N 8 4s Ser M 1019-1933. ..J&D 4.501 434s Bridge '32 to '41P&A 48 May 1 1944 M&N 4.60 8 4s Forest Pres'19-'34 A&O 4.50 330 Rig May 1939....M&N 8 33is g 1920 to 1923 _J&J 4.50 New Brunswick,Prov of East St Louis KENTUCKY I 334s Jan 1933 J&J b 67 5.75 430 ref Sept 1 '28_ Sept 1 4.70 Tax-exempt: an amendman r to th e Coast ita4s April 18 1921__A&O 16 b 6 5.75 0 Joliet-5s 1919-1925___M&S 4.60 lion of Kentucky passed at thA Nos. 19 15 else lian 4s July 3 1930 J&J b 6% 5.757 Moline 430 1919-'32_ _J&J 4.80 provides that all bonds of tnuit. cipot e orporat ions 4s 1932 opt 1902 J&J b 6% 5.75 Peoria 430'19-'24_ _ _ June 1 b 4.75 4750% now issued or hereafter to be us teed sh all be t Os45 1932 opt 1902-F&A 15 b 6% 5.75 0 Rock Island 5s 1919-1923 exempt. 430 Dec 1 1925 J&D b 6% 5.75% Springfield 33-48 ref '20 Sept 4.60 Bell CoNorth Vancouver 5s '60_J&I ils Ct H Dec 15 '38J&D 15 Nova Scotia, Prov 4s'19 J&J 6 675.757 INDIANA (see foot-note o) Covington 48 Jan 1 1920 5 J&J b 6% 5.75% oBooneCo4sCH'19-'20 MAN o 4.45 430 W W 1919-1951 b 4.85 4.607 4s May 1 1920 MAN b 6% 5.75% Cass County 4s Redemption 1922..F&A b 4.85 4.60 5s Jan 1 1926_____ __JAY b 6% 5.7570 04s Bridge 1919-33M&N15 o 4 45 4s Water 1927 J&J b 4.85 4.60 0 Ontario,Prov of, 5s'20_F&A b 6% 5.75% eCrawfordsv 4s '19-'20_ _J&J 0 4.45 48 Fundg 1952 op '42 F&A b 4.85 4.60% 58 Dec 1 1928 J&D b 6% 5.75 °Evansville -4s Ref '32_J&J 0 4.45 Fayette County 4e May 1925 MAN b 6% 5.75 o4s Ref 1942 J&J o 4.45 4 sis g Fund '20 to '24 .141a 4511941 MAN b 6% 5.75 4.80 °Floyd Co 4s 1920-'30_ J&,_ 4.45 Frankfort 430'27opt'17 J&J 48 March 1 1928____M&S b 4.80 oFtWay-3%sJan 18'20 J&J o 4.45 Franklin Co 5s'19 to '24 J&J 3s 1936 J&J b 69 2 4.80 :Re oFtWayne S D 4s'19-'23A&O o ______ 4.45 Harlan Co Ottawa City 50 '19-'45_ _J&J b 69 0.75 0 °Franklin Co 45'19-'30_J&D o 4.45 5s Rd & Bldg '22-'48_M&S 43.0 '25,'34,'as,'44..14a b 6 5.75% 4.80 oHeudricks Co Lexington 3s Sew Sep 28 '28..M&S b 0%5.75% 4s C HJau'15'23'32 J&J 15• 4.45 4s Feb 1945 FAA Quebec,Province of 4.60 oHuntIonCo330'19-'24J&J • 4.45 Lexington S D 45 1938_ J&D 55 April 1 1920 A&O b63.,% 5.75% 4.70 Indianap-4s Mar 1 '24.J&J Louisville Se June 1 1926 J&D b 6% 5.75% 4s Park Imp Jan 1 '27_ J&J 430 Hospital 1951., 101% 102% Quebec City 5s April 1920_ _ b6% 5.75% o4s Fire Dept rue 1'41 J&J o 4.30 430 School impt '54..A&O 100% 103 44e 1922 J&J b 6% 5.757 o334s Hospital 1938...J&J o 4.30 4s Muss Imp 1O23 J&J 97 98 31.4e gold July 1930 J&J b 6% 5.757 o33i5 City Hall 1939_J&J o 4.30 48 do Dec 1'28_Q -M 97 98% 3e July 11031 J&J b 67 5.71; oIndlanap S D 4s '19-'26 J&J o 4.30 4s Park 1930 J&J 97 34s Jan 1 1931 98% J&J b 6 5.75 0 o4s Bldg Sept 1 1946_ _J&J o 4.30 4s Ref'g July 1 1937 J&J 9734 3e July 1 1933 J&J b 6 0 5.75% •334s July 1 1941 J&J o 4.30 45 Sewer 1947 FAA 97%, 98 Regina lie 1929 J&J 61.4 Jeffersonville-4.5 Loulsv W Co 1946-1&.1 90 Bon1face,Man,55131..J&J2 St 100 o33.0 Refund 1025__M&N • 45 Loutsv Wat Co '50 F&A 99 Three Rivers 530'20 M&N2 100 64. °Knox Co -4s 1919-'20_J&D • 33.4s g Ref'g 1940M&N 85% 86 Toronto 5s 1919-1988-J&J b53 %% 5% oKokomo 4s'21-'26-'31_M&S • 330 Refunding 1943_J&J 85g 86 4 1923 J&J b5N% 5% °Lafayette 430'200p'15J&D 3s Sewer & Park 1941_J&J 85% 86 43-s July 1 1924 J&J b53 47 5% oLe, Porte Co 5s '19-'28_ He D • McCracken County 43.e July 1 1925 J&J 653 by % oLoganspt 334s'26 op'16 J&J • 5s Ref 1933 op 1913_M&S 43-6s July 1 1948 5 J&J b58 o434aSch 11 '19-'37 J&D 15 • 58 Ref 1933 op 1923_M&S 4 e Jan 1 1949 .14a b534 4.80 5 Marton Co -4s Ref '27_J&D 4.30 Owensboro-48'31 op'11J&J 4 s July 1 1953 4.80 J&J b531, / 5 onis Bridge 1924 J&J o 4.30 4s Street 1930 op '15_ J&J 4 a Jan 1 1955 J&J b53 4.80 / o3%s Refund 1925_ _J&D o 4.30 Paducah 4e t Imp July 1922. .J&J b53 Michigan City an 48 Oct 1 1920 A&O 48July 11048 4.70 J&J b5% s School 1920-24&J _J 4.45 33s July 1 1944-'45 J&J b5% 5 oRlc _M&S o 4.45 LOUISIANA Vancouver, B CoRichm Sch C 4s 1919_F&A mond-481927_4.45 55 Port Comm'n '20-'54 A&O b 4.90 4.70% 85 1919 opt 1917___J&D 63.4 o St Jos Co3%s'22-'_&O o 4.45 5s Port Comm'n '24-'59 J&.1 b 4.00 4.70% 5%Tr's notes'18'20M&S o330 1920-1926-----FAA o 634 4 45 Sc Port Ooze '23-'55.._J&D b 4.00 4.707 434e Nov 30 1924_ NI&N 63/ °South Bend-48 1925_ J&J o 4.45 430 Ref 1919-1964___F&A b 4.60 4.40 4e Bt Imp Sept 9'22_M&S9 63-4 South Bend Sclu3o1 District430 Pt Comm '25-'57_M&8 b 4.00 4.70 40 St Imp Sept 9'27.M&S0 634 o4s Apr 17'19-'27 F&A o_ 4.45 Atchafalaya Levee Dist 4s St Imp Sept 9'32_M&S9 634 Terre Haute5s Ref 1949 op 1939_M&S 101% VictoriaBC43-4sJan21'24 J&J 6% o4s Oct 1 '27 opt'17_A&O o 4.45 Bossier District LeveeWinnipeg, Man, 58 '44_ A&O b 6% 5.75 045 Sewer 1030_FAA o 4.45 & 1922 opt 1912__MdcN 101 5a June 1 1928 J&D b 67 5.75 oTerre 11 SchC48 19-'31M&S 0 . 4.45 Caddo District Levee 5a Oct 1926 b 6% 5.75 / •VigoCo43-4Dec16'19-27J&D o 4.45 5s 1951 op 1941 J&J 101 48 June 1 1934 b 6% 5.75 o48 Bridge 1923 J&J o 4.45 Fifth District Levee 45 Aug 1 1946____F&A 156 6% 5.75 5s 1950 opt 1940 J&J 99 INDIAN TERRITORY (See Oklah ornal 5e 1952 opt 1942 J&J 99 GEORGIA tls Oct 15 1962 op '52 A&O 99 . ----434s 1922 J&J b 4.25 IOWA 55 Oct 15 1963____A&015 99 -----430 ref 1935-1945 J&J b 4.25 Boone 4348 1919-'31_ _M&N 4.70 Lafourche Basin Levee 4s July 1 1928 J&J b 4.25 Burlington 434s'19-'33M&N 4.65 58 Jan 1954 opt 1944_J&J 100% ----334s Jan 1920-1935____J&T b 4.25 Cedar Rapids Lake Borgne Dist Levee Albany-5s 1945 J&D 4.75 40 1919 J&D 4.65 5s Dec 1932 opt 1942_J&D 100 Athens ----5s 1922. M&N 4.75 Cedar Rapids School Diet New Orleans Atlanta J&D 45-is June 1 1921 4.65 78 g0S&DS July'22J-Q 101% 110 430 1922 J&J 4% Council Bluffs 5s Premium J&J /332 43-4s Jan 1 1940 J&J 430 Wat-wks'19-'30M&N 49.4 4.70 55 Preinlum (Or num)...J&J 43.4s Sewer 1920-'40_ _J&J 430 Fire Eng Wee'20 J&J 49.4 4.70 4s Floating debt '48_4040 70 4s Water May 31 '23..J&J 4 Council Bluffs School Dist 4s Constitutional '42_J&J 91A 92 330 July 1 '31 & '33_ _J&J 438 4a ref July 2'20 op'15 J&J 4.65 46 Public Impt 1950 opt Augusta-5s 1921 M&N 43-4 Davenport 4s 1919-'29 MAN 4.60 1942 (old Iss) J&J 899i 91 434s Red May 1 '24.MAN 43-4 DavenportSD430 1921 J&D 4.60 45 Pub Imp '42 op '28 J&J 88 430 Flood Prot '42_M&N 4345 Bch Bldg 1925_ _J&J 4.60 Orleans Dist 4s refunding 1934_....J&J Dee Moines 5s '19-'21_ 4.55 5s July 1959 opt 1929.J&J 101 334s April 1930 A&O Se Municip 1919-1957 I&J 4.55 Plaquemine Parish E BankBrunswick-Se Jan '2E _J&J 98 - 100 430 1919-1931 MAN 4.55 .% Oct 1952 opt 1942_ A&O 100 Clarke Co 55 1923-'41__J&J b 4.90 4.70 4s City Hall 1919-26_ _J&J 4.55 Pontchartrain District Columbus 5s 1919-'22__J&J b 4.60 4.40 Des M Ind S D 430'32_J&J 4.55 D 6a 1944 MAN 107 5s W W 1919-1944___J&J b 4.60 4.40 Dubuque Co 4%s'21-'31J&J 4.60 Red River A & B B Diet 434s Refunding 1939_ J&J b 4.60 4.402 Fremont Co 5s '19-'35_ _J&J 4.60 5s 1950 Series B A&O 100 Greene Co 58 1920-25 A&O b 4.80 4.65 50 Mch 1953 op '43 M&S 100 Jackson Co 5s 1919-30_A&O b 4.80 4.65 5s 1965 Ser D F&A 100 Marshalltown Ind a DShreveport 430 July 1922 J&J b 4.85 4.70% -- 4%s WW&Sew'19-'54 J&J b 4.80 4.70% O'Brien Co 5s 1920-25_ FAA b 4.80 4.65% b Basis. f Flat price. n Nominal. o Tax-exempt; under a law approved March 9 1903 and which went into effect April 23 1903, bonds issued after that date by State or municipal corporations are tax-exempt, and these sell on a better basis. 8 Sale price. 47a; Bonds 51 STATE AND MUNICIPAL BONDS FEB., 1919 Bid. ro Ask. Net. Bonds 110 Bid. I Ask. Net. Bonds Bid. Jo. Ask. Net. 4.80 Koochichingeo 5s'19-'33J&J EIolyoke-4s gold 1927_J&J 953-i,____ _ _ 53-4s Ditch 1921-1935_Jda 33.4s Dec 1919-1932__J&D 93%1 MAINE Minneapolis J&J 96%i Lawrence 4s 1924 J&D 100 Ss June 1 1919 431s Impt 1919-1920_J&J b 4.654.50% 5 4s Mch 1 1919-1922_ _M&S 98 4.35 4s Sept 1 1919-1953___M&S J&D lb 4.65 4.50% 4%s 1921-1925 4.35 Leominster-4s g 1926_ A&O 95%1 4s Highway 1919- 1936_M&S b 4.654.50% 4%,s 1926-1935 Lowell-4s Water 1920.M&N 983%1 Auburn-33%s 1925____J&J b 4.50440% J&Jib 4.654.50' 43%s g July 1920 Lynn-4s July 1927.. _J&J 95%. 4.50 4.40% J&J b .3 4 1935 & 1940 43.s Mch 1919-'37__M&S:b 4.654.50% 33%s April 1 1032____A&O 89 Augusta lb 4.654.50% 43%s School 1941 MAN 96% Malden-4s 1924 FAA 99 4s Ref1919 4s School Jan 1927_ J&J b 4.654.50% 33%s Water July 1 '24_J&J 94 4.40 Bangor-4sRef Water'35J&J MAN b 4.654.50% 4s May 1 1927 4.30 Marlboreugh-4sJuly'26.T&J 95% 4s Fund '20-'30 tax ex..J&J 4s School Jan 1 1935__J&J b 4.65,4.50% 4.40 Medford J&D Bath 48 Ref 1941 0 4s Improvem't 1937__J&J b 4.65'4.507 FAA 94% 4s Feb 1930.. Biddeford 4s '19-'35___MAN b 4.70 4.50% 4s Improvern't 1942_J&D b 4.65 4.50% 5s Apr 1 1919-'28 tax-ex'pt 101% Cumberland Co 33%s J'ue '21 98 A&O b 4.65 4 50% 43 1944 -4s June 1924_ JA D 96% Melrose Gardiner Water District 33.4s School Jan 1 '29_J&J b 4.654.50% FAA 94% Methuen-4s 1928 J&J 92 4s Jan 1934 33-s Water-Wks '32__J&J b 4.654.50% Middlesex County Kennebec Water District Ramsey Co J&D 97% ___ 4s 1919 to 1924 3%s g 1920 & 1925 __MAN b 4.80 4.50 3%s May 6 1921__MAN Milton-3%8'19 to'32F&A 92% Kittery Water District _ -5%s'20 _A&O Red Lake Co New Bedford 5s Jan 1920 to 1938_ __J&J 101 St Louis Co 5s 1923-29_JA-J b 4.6014.40% 4s Water Apr 1 1926_A&O 95% Lewiston St Paul 45 Sewer 1919-41 (taxA&O 963% 48 g Oct 1927 5s Refg July 2 1922-31J&J b 4.6514.40% MAN 96% exempt) Portland J&J b 4.654.40% 43.4s July 1935 FAA 95 33-4s 1923 4.35 Ftic A 4s Aug 1 1929 43.4s Park June 1 1943J&D 4.35 Newburyport4sCitylia111926to'45A&O 654.40% 4%s Sewer July 1 43_J&J b 4: ' 9 334s Water '19 to '34_J&D 91% 4.35 4s ugh Sch 1937 41.s Water Aug 1 '43 FAA b 4 65I '4 40w ° Newton33%s g Ref July 1022_ _J&J 93 Tda b 4.65,4.40% 43-4s Refg 4s Water Aug 1935 .FAA 92% Portland Bridge District-b 4.6514.409' 431s Nov 11031 33-4s Water Dec 1926_J&D 92 b 4.40 4:30% 3%8July '19 to '39 _ _M&S 4s Ref March 1 1939.M&S b 4.654.40% Northampton Portland Water District 4$ Sew'age July 1 '39_J&J b 4.654.409w J&D 96 973i 334s g 1919 to 1926_ __J&J 95 4s Funding 1928 43 March 1 1940____MAS 9 4.65;4.40% 4.50 Quincy 48 Sep 3'19-'22.M&S 97% A&O Saco 48 Apr 1039 33-4s April 30 1922_ _MAN b 4.654.409 3%s April 19 to'39 _ _ A&O 893% County Washington 470 South St Paul 53.4sref'33 J&J Salem-4s 1919 to 1920.J&D 98% J&J 97 4s 1928 opt 1923 43 Jan 1 '32-'54 tax-exempt 95%1 g July 1 1927 95 Waterville-4s Somerville M&S 86 33%s Sept1935 J&J 993%.' 4s July 1919 MISSISSIPPI Springfield 4.60 531s Apr 1929-1934_ _A&O J&J 87 334s School 1935 MARYLAND 4 60 J&J 43.4s 1919-1934 J&D 85% 3s Sewer 1930 4.40 43%s Aug 15 1921-33_F&A15 4.60 _J&J 431s July 1 1921-1935_ J&D 94%, 4.40 Taunton-4s 1927 48 1926 to 1928 4.60 431s July 11931L___J&J 33%s Sewer Dec 1 '30_J&D 89%1 4.40 J&J 4s 1928 opt 1923 4.60 33.s Refund Jan 1 1927..J&J 4.40 Wakefield J&J 4s Jan 1 1029.. 4 60 33.4s State 1934 op '14__J&J 4s Water 1919-1933_A&O 95% 4.40 F&A 4s 1019-1029 4.80 J&J Greenville 61 1920 4.40, Waltham 4s Roads 1920 1930____P&A 4.80 5s Refund Sept 1927 _M&S 97% 4.401 3%s July 1920_ 3 8July 1019 opt 1914_J&J 5 Jackson 53.4s July 1 '33 J&J 4.40 Watertown-4s '19-'34_J&J 95 33%s Roads 1923 to 1928_ 4.90 6s Water Aug 1 1928 FAA 33%s 1920 to 1929_ _J&J 93% '42A&O Annapolis 43%s W W 4.90 FAA 5s Water 1930 Winchester Baltimore 4.90 J&D 5s June 1 1932 4s Sewer Dec 1 '19-'24J&D 97% 43%s Mar 1 1919-55__M&S b 4.404.30% 4.90 Meridian-6s May '24_May Worcester-4s 1922_ A&O 97% 1055____M&S b 4.404.30% 4 s Mar 1 4.90 J&D 5s Dec 11039 4s Jan '23 (tax-exmt)_J&J 98% MAN 953% 4s Nov 1 1920 4.90 43.46 Sch House 1941 J&J A&O 96 33%s April 1 1922_ MAN 953% 48 Water 1926 Mississippi Levee Dist FAA 953% 48 Aug 1 1951 MAN 58 May 2 1044 J&D 953% 48 Annex 1954 0 5 J&J 5s July 1 1953 MEXICO MAN 953% 46 Parks 1055 5‘ MAS 4%s Sept 1934 See Foreign Gov'ts page 49 M&S 953% 1961 4s Mch 1 Vicksburg FAA 953% 48 Aug 1 1961 4.90 56 St Impt 1919-'32_ _F&A 94 J&J 93 33%s July 1 1030 4.90 43-4s Sewer Dec 1 '28_Dec MICHIGAN (See foot note o) 90 J&J 89 Imp 33% Imp 1940 Yazoo-Miss Delta Levee Dist -5s Road '22_ FAA Alger Co March 104&_ _M&S 88 33%, 5.10 6s 1947 option 1917J&J Ann Arbor School District 33%e Refunding 1962.....1&J 85 5.10 MAN 5s 1924-1954 81 A&O 45 Sept 1935 3 Soo'age Imp'80_A&O 80 5.10 J&J 43.4s July 1949 Battle Creek 90 Jda 86 33%s Jan 1 1927 5.10 J&J 4s 1952 option 1922_ 4.60 46 City Hall 1927-'36_P&A Cum erland 43-4 WW'41A&O Bay City FAA 4s Water 1923 4.80 M&S 5s 1920 Frederick 4.80 MISSOURI 48 1934 J&J 4s 1919 opt 1903 4.80 oBay Co-5s Dec 12'19.J&D Hagerstown 4.80 33%sCapB1dg '19-'25 op_J&J b 4.454.25% o4s Ref Dec 15 1923_J&D 5s water 1933-1987_ _A&O Kansas City Calhoun Co 43%s Sept 1 1930____M&S b 4 604.50% 4.75 4%s Road 1919-26A&O MASSACHUSETTS 4 60 4.50% 43.4s March 1 1933. _M&S Detroit, a 4%s May.1919-1022 __MAN 1003/ 1013% 48 Market House '24_J&J b 460450 04%s Pub Lib 1948.J&J 15,6 4.60 4.40% 4s 1919-52 (tax exempt)Var. 97% 98% _ _ _ J 4 604.50% 4s Water 1924_J& 3 o4s Aug 15 1920-28F&A 156 4.60 4.40% 33%s gold Nov 1923__MAN 95% 963% 4 604.50% 4s Park & Boul 1924__J&J 45 Sewers Apr 1 '22_ _A&Olb 4.60 4.40% Jir.1 883% 893% 334sg.Jnly 11936 M&S 0 4.604.50% 4s Sept 1 1930 043 March 1. 1944___M&Sb 4.60 4.407 873% J&J 86 Water 1042 33-4s Kansas City School Dist 4.604.40% o4s School 1040 ____M&Nb 86% M&S 85 33%s g July 1944 J&J 4 604.50% 4%s July 1 1933 M&Slb 4.60 4.40% 33.4s Park 1930 A&O 873% 883% 3s April 11029 J&J b 4 604.50% 48 July 1 1927 °Escanaba 43.4s 1919-30_J&J MAN 873% 883% 3s g ay 1929_ &J b 4 604.50% 4s July 1 1930_______J 4.60 % °Flint 43%s 1919-'30___F&A 36 Met Sewerage 1036_M&S 823% 833 J&J b 4604.50 4s Bldg 1932 813% 'Grand Rapids J&J 80 3a g July 119:19 ida b 4 604.50% 33.4s Jan 1923 4,50 43.4s Flood Protec'33.M&S Water Jan 1 1941_ _J&J 793% 813% 38 g J&J b 4 60 4 50% 33.4s July 1925 4.50 45 Water Nov 15'29_MAN Arlington-48 Water '22 J&J 973% 983% ___ 96 4.75 Lafayette Co 33.4s 1921_ J&J 95 Highland Park 5s 1928....J&J Attleborough-4s 1924 _J&J 963% 973% 4.75 Little River Drainage Dist o43.4s Sept 15 1934__M&S 33-4s March 1935____M&S 873% 883% 5%% 53.45 Oct 19l9-1933 _A&O 65%% Holland-4s Ref '20-'23_ Feb Beverly Pettis County -o 43.4s Sewer Kalamazoo 4s Sewer 1010-36.. __A&O 953% 063% 99 48 1919 opt on 1908MAN 97 4.70 J&J & Imp 1019.'25 BeetonFAA 96 97 4.70 St Joseph 48 1923 Lansing-5s 1919 to'23_J&D 4%s Tun 1060 tax ex.A&O 983% 100 M&S 96 97 4s 1924 4.70 JAJ Is Water 1920 A&O 09% Is Water 1919 97 MAN 96 48 1926 4.70 J&J 99 Marquette 33-4s 1926___J&J 46 Park 1920 St Joseph School District J&J 93 Muskegon is July 1936 4.80 4.70 , 434s 1925, 1930 & 1935_ 56 Water 1919-'25____J&J 4s Apr'19-'37(tax-ex) A&O 963% 983% __ _ 4.70 St Louis 43.48 W-W 1920-'44___J&J 4s 1019-1939 (tax-ex)_J&J 963% 08 102 434s Bdge-Compl '35 A&O 100 4.70 MAN Is May 1 1934 48 Tunnel & Sub '48_J&D 91 97 Is InBane Asy'm '28_A&O 95 Muskegon School District 4s Sub 1957 tax ex.__A&O 933% 953% Is Public Impt 1928__J&J 95 4.75 July 5s 1942 ils Sub 1958 tax ex.__ _Ada 933% 953% 97 Is Public Bldg 1020_ _A&O 95 43 Tun.&Sub'59 taxex.J&J 933% 953% _ _ Muskegon County 97 45 WW Renew '31__M,TzN 95 4.75 ___ J&J 334s Imp Sew'age '19_J&J 99 43'4s Jan 1 1932 J&J 95 97 4s School 1937 Pontiac 33%s June 1 1023____J&D 953% ______ 97 4s School 1938_ _ _ _ __JA.1 95 4.75 43.4s W WImp'31-'47MA 33-s June 1 1924____J&D 943% 99 25'27_J&D 93 3.65s Hen Jun __ Port Huron 33%s June 1 1032.. _....J&D 893% 33-4s April 1 1925_ __ _A&O 96 4.75 J&J 4s Jan 11032 33.4s June 1 1934____JAD 88 1 1922.__A&O 33-j0 g April 4.75 963-4 33.s Park July 1 '20._ J&J J&J 873% 33-4s July 1 1935 Springfield Ss '32op'17_J&D ___ Saginaw 33%s June 1 1943____J&D 84 4 65 4%8 Wat May 1 '25M AN 33.4s June 1 1944____J&D 833% ______ 4.65 33.4s Wet Mch 10'20.M&8 J&J 83 33'O July 1 1945 MONTANA Sault Ste Marie Jar.1 953% 36 au 1 1921 4.70 45.45 Bridge July 1 '20.J&J Brockton,48May 1927 MAN 953% ______ ___ 4.70 4.70 Billings .5s 1934 op '29J&J 40 gold July 1 1932___J&J 35.s Water 1932___ _MAN 89 5 4.70 Bozeman-5a '19 op '09 J&J Wyandotte-434s 1934_J&D Brookline Butte 4s Water 1919 to 1923 J&J 9731 ______ ___ 4.80 58 Funding 1922-1936 J&J Dambridge-Butte School District No 1MINNESOTA 3%s Water May'25_MAN 933% ______ __4.80 43%s 1924 opt 1914_ _J&J 4.75 AltkenCo43.4aDec'19-'24Aug 34 Bridge 1041 FAA 78 4.75 4.75 Jasoede Co-48'21 op'11J&J Beltrami Co 43.4s'19-'24J&D jheisea-4s Park 1936_A&O 93 4.80 4.75 Custer Co-98'25 op '15 J&J 53-4s Ditch 1923-34J&D Mverett-4s Sew 1929....M&S 943j lreat Falls Brainerd-5s Nov 1910-1929 Fall River 4.80 46 1923 option 1914__J&J use '22 A&O -56 Ct Cass Co 4s Municipal 1922_ FAA 97 (3-reat Falls Bch Dist No 1Duluth 33-4s Water Feb 1930..FAA 90 4.80 4.701 4s 1925 option 1915_ MAR Lt 1926 J&J 58 g Water & A&O 97q Fitchburg 45 1922 4.80 Eielena 5s 1931 opt 1916 J&J _Jdzi 43.4s g July 1 1926 Jdr.11 923% 33-4s Water 1926 4.80 4.70, Fielena S D No 1 4 k4s'22J&J '28A&O Is g Water de Lt 3ardner4.80 1919_ JAI 4.70. Jefferson Co 434s 4s Water & Lt 1936 ..A&O 4s Water 1910-1934_MAN 953% ______ ..... Jct.; 4.80 Kalispell 53 1933 Dist Duluth Ind Solisol 31oucester4.751 Lewis & Clarke County M&N 56 May 1 1923 933% 3%s Water'19to'31_A&O 4,80 J&J C Hg 1919 4.75 43.4s Feb 1 '40 op'30F&A laverh111-4s 1927__.. _J&D 95% 4.80 4.75 Lincoln Co 56'32 op '27..J&J Is 1934 opt 1924__A&O 4.80 Se Fund Mch'31 op'21J&J Hennepin County J&J 4.80 4.50 %Ittsoula 44s '24 op '14 414s Ct fr Apr 1924_ A tic0 issued b Basis. I Fiat Price. a Nominal. 0 rax-exempt; under a law approved May 13 1909, and which went into effect Sept. 1 1909, bonds after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis. -- 52 STATE AND MUNICIPAL BONDS to Ask. Net. [VoL. 108. to Bonds. Bid. Ask. ./11 /e1.1 Bonds. Bid. Ask. Net. Lodi-Ss 1920-1947____J&J 4.801 NEW YORK (Concluded) 4.80 Long Branch 5s 1943_ M&N 4.85' Albany Co-33.s'19-25 F&A 4.30 45 June 1 1935 J&D 4.85 3s Aug 1 1925 . F&A 4 30 4.80 Lyndhurst 4481936-1937-1938 M&N 4 30 5s Sewer 1919-1957__ J&J 4.80 Amsterdam 5s Wat 1919-37_ 4.35 •..... 4.80 Mercer Co -45s I933J&J 4.55 Aubu'n-4MsDec6'19-'31J&D 4.35 48 Road 1933 J&D 4.55 4s Water May'19-'25 M&N 4.35 NEBRASKA 3s April 1941 A&O 4.55 43js 1925-1934 4.35 Douglas Co -4s'19-'28 A&O 4.60 Middlesex Co 4 Ms'24-'34J&J 4.55 Binghamton 4s'28&'29_F&A 4.30 350 1922 43%s Fund July 1920-1939.. J&J 4.60 4.55 48 Sew Disp '22-'36._ F&A 4.30 Grand Isl 43 '25 op '10J&J -is 4.70 43.(s Imp 1919-'32_ A&O 4.55 3s Bridge 1935_ _F&A 4.30 Lluroln-4s 1919____F&A 4.70 33-s Bridge '22 to '31 _J&J 4.551 Brooklyn-d-6s 1924_ J&J _ 4.40 4%eller 20to'29op'20F&A 4.70 Montclair 4s Sch '41_A&O 4.55 5s Bridge 1919 J&J 4 40 4s Ref 1919 op 1909_M&8 4.70 4Ms H Sch Bldg '44_J&D 4.55 48 Bridge 1926 J&J 4.40 Lincoln School District 3Ms School 1932 J&J 4,55 48 School 1920 J&.1 4 40 4s 1924 opt 1909_ M&N 4.70 Morris Co -4s'35 op'05 J&J 4.55 3Ms g 1920 to 1937. J&J 4.40 Omaha 43.s 1919-21_Mar 4.50 4s 1942 opt 1922_ J&J 4.55 3Ms g July 10 1925_ _J&J 4 40 43s Renewal 1924 J&J 4.50 Morristown 4s'19-42.J&D 4% 3s gold 1927 J&J 4.40 4s Mar 1 1932____M&S 4.50 Newark-43.s 1944 F&A 4.45 3Ms g July 10 1934.. J&J 4 40 4Ms Refunding 1934_ J&J 4.50 5s 1919-1958 J&J 4.45 3Ms gold 1936 J&J 4 40 43s W W Dec 15 '41_J&J 100 4.50 5s Street 1910-1944 J&J 4.45 38 Bridge 1925 J&J 4.40 Omaha S D 4s 1928..J&J 4.50 43-0 Dock 1959 F&A 4.45 Broome County 4 Ms July 1931 J&J 4.50 4s Juno 1 1960 4.45 58 Hospital 1919-33_M&S b 4.504.30% 5s 1948 J&D 104M 4.70 43 Sch Dec 1 '45. J&D -is 4.45 Buffalo -7s 1024 & 1925 J&J 4 -28. So Omaha4Ms'24 op'us J&D 4.60 40 Refunding 1923 M&S 4.45 (38 Parks Jan 1 1924.. J&J 4.25 SouthOmahaSD-5s'23 J&J 4.60 45 Sch House 1959 op 1949 4.45 4 s Nov 15 1933 M&N 4.25 Ss Dec 1929 J&D 4.60 Is PasValSew'filop'51J&D 4.45 4 sSchNov15'19-'33M&N 4.25. 3s 1029 J&D 4.45 4 s June 15 1944_J&D 15 4.25 NEVADA 3Ms Track Elev '54_F&A 4.45 436s June 15 1964_J&D 15 4.25. Reno -8s 1924 op 1909_J&J 4% Vallsburg 4M8 1934 _J&J 4.45 4s 1919-1968 J&D 4 25. WashoeCo8D5s'19to'29M&8 4 8 New Brunswick 4s'22_M&N 4.55 4Ms Feb 15'62 op'32_F&A 4.25. 4s Aug 1 1919-57__F&A 4 55 4s School Aug 1 1929_F&A 4.25 NEW HAMPSHIRE North Bergen 58 1941_ _J&D 4.80 48 Serial 1919 to '29.. F&A 8s Hospital 1919-'25_ _J&J 98 4.25. No Plainfield 5s 1919-1954. 4.801 48 June 15 1919-'30 _J&D Berlin-4s Ref 1919-35 M&N 4.25 4.25 Nutley 58 1933 J&D 4.80, 48 June 15 1960 J&D Concord-4s 1923 4.25. J&J b 4.50 4.25% Ocean City-5s 19441 F& A 4.90i 3s Park Reg 1927_ F&A 4.25 3s 1924 to 1929 J&Jb 4.50 Orange -58 1023 to '32_J&J 4.60 33,s Water 1919-35_M&S Dover 33s '28-'31 4.25. J&Db 4.50 Ss Water 1938 F&A 4.60, Elmira-4s 1935 M&S b 4.55 4.30% Laconia---4s 1924._ ._ _A&Ob 4.50 43.4s Sewer '19 to '21_ A&O 4.60 43 Water 1919-1945A&O b 4.65 4.30 -is Manchester -is J&D 43 School 1943.. 4.60 44s Apr 1 1933-1935____ b 4.55 4.30 0 3s Fund Apr 1 '19_ A&O b 4.50 4s :Bch House l034 J&D 4.60 38 Redemp'19 to'21J&J b 4.554.30 h Nashua-381923 A&Ob 4.5 Passaic 43.s 1919-'40. M&S 4.55' Erie o4Ms'19-136tax-ex J&J 4.25 Pembroke 48 '24-'34_ _ _ F&A b 4.50 -----5s Imp '20-'48 M&N 4.55, dFarRockaway 5s '19-'21J&J 4.40. Portsmouth 48 g Bch '23J&Db 4.50 4s School 1942._ J&J 4.55' Franklin Co 00'31-'40 M&S 4.25 4s Ref Water 1932_ _J&J b 4.50 4Ms Ref 1944 M&N 4.551Fulton-3.40e'19 to'29 J&D 4.30 Rochester-4s 1922 J&D b 4.50 3e 1919 to 1920_F&A 4.55 Geneva-4s Water '26_A&O 4.30. Passaic Co -4s '20-'24_ _J&J 4.55 Glens Fa1ls-43s ref sewer NEW JERSEY Paterson-68 1910-'22_ A&O 4.55 Aug 311919-1928_ F&A 4.25. Asbury Park-5s 1924...1&D 4.75 1 4Ms 1933 to 1944_ M&N 4.55, Haverstraw4.128 .19-137M&S 4.30 4 Ms School Jan 1943_J&J 4.75 4 Ms Feb 1 1945.. F&A 4.55' Ilempstead-d-4s g 1923..1&.1 4.30 Atlantic City-5s 1925_J&D 4.70 48 N C Hall '23 to '32._JdzJ 4.551 Herkimer-4a'19-'27111&N 4.30 4s g Water 1926___J&J 4.70 Perth Amboy 4s Apr 1944.. 4.60, Hornelleville-33.s '21_F&A 4.30 4s Water 1945 J&J 4.70 4M8 School 1938 4.60; Hudson -4s Wat 19-'22 July 4.30 4s Paving 1938 J&J 4.70 4Ms Funding '19-'27_A&O 4.60, 43.4s High Sch '25-'32 A&O 4.30 43s Water 1944 J&J 4.70 Plainfield-4s'19 to'34_ J&D 4.50 Irvington 4.108 '20-'36_A&O 4.30 4s Jan 1 1945 J&J 4.70 48 School 1959 M&N 4.501 Ithaca 4.308'27 op vs.r__J&J 4.30 4s Water 1930 J&J 4.70 Rahway-4s Adr22 op M&N 4.75 4 Ms Ref Water 1942_ J&J 4.30 Atlantic Highlands Ramsey Sc Water 1921-'40_ 4 901Jamest'n 48 Mch 20'43_ A&O 4.30 40 g Sewer July 1 1928 J&J 4.90 Ridgefield 88 July'19-'31J&J 4.85: Johnstown 43.s Dec '23-'37 Bayonne 4.35 -5s Fund 1928 J&J 4.60 Ridgewood 513 1919-'26_ F&A 4.60 dKings Co 4s May 1 '19-'44 4.35 Se Water 1920-1943_ J&D 4.60 Riverside 5s 1925-'32_ A&O 4.90; Kingston 33s g '19-'36_ A&O 4.30 5s Jan 1 1920-1949 J&J 4.60 Sea Isle City 58 1943_ _F&A 4.90; 434e 1919-1925 A&O 4.30 4Ms Funding 1931___J&D 4.60 So Orange -4s'19 to'44_J&J 4.60 Long Island City-d 438 Jan 1 1933 J&J 4.60 Summit 4Ms Bch 1941_F&A 4.65 M&S 4345 1919 to 1923 4.35 48 Floating Debt 1928 J&J 4.60 48 1933 M&N 4 65, 48 Water Sep 1 1920_M&N 4.35 Belleville -5s Fund Trenton 4s May '24_M&N 4.50, 33.s Wat May 1 '20_M&N 4.35 1924-l934-1944_ _M&N 4.90 43 Water 1943 -is A&O 4.50 Madison Co 4 Ms'20-'29 Febl 4.30 4s Funding 1946 4.901 48 'Fund 1934 A&O 4.50 Middleport 4.35s'19-'42J&D 4.40 Belleville B D 58'27-44 M&N 4.90; 48 City Hall 1939.. _J&D 4.50 4.35s sewer '19-'39_ _J&D 4.40 Bergen Co 58 Dec 1 '19_J&D 4.50; 3e Sch Nov 1 1929.M&N 4.50 Middletown-33s'31__RtzA 4.30 68 Dec 1 1944 J&D 4.50; Union Co 4e 1937..M&5 4.55 Mt Vernon 4 Ms'31-'43_ A&O 4.30. 58 Dec15 1919-1955J&D15 4.501 4M8 1942 M&S 4.55 43j8 filch 1962-'73_ M&N 4.30 0 -is 1919-1939 A&O 4.50 48 Oct 1 1942 A&O 4.55 48 Sewerage'50-'55 M&N 4.30 4s Aug 1919-1938 F&A 4.501 Vailsburg-See Newark. 58 Jan 2 1920-1928 _J&J2 4.30 te Bridge '19 to '24 F&A 4.50 Weehawken-4MsFd'20.F&A 4.85 58 Jan 2 1938_ _J&J2 4.30 48 Court Him '19-'38_A&O 4.50 4s Funding 1919-28.J&D 4.85 Nassau Co-43a'20-'29 J&J 4.30 Bloomfield 58'19-'23M&N 4.80 Westfield 43s Ref 1922-28_ M&S 4.30 Camden-43s Wat '23_J&J 4.50 5s June 15 '19-'60_ J&D 4.60 43 1938-1943 J&D 4.30 43.s Dock 1930 A&O 4.50 West New York 58 '36_M&S 4.75 334e Court House'30 M&S 4.30 4e School 1943. A&O 4.50 WildwoodNewburgh 434s '20-'34_ F&A 4.30 48 Paving 1929_ M&N -1 - 4.50 4Ms Sew 1920-1957_ F&A 4.80 NewRochel1e434s'19-22MSEN 4.30 Camden Co 4s 1933..F&A 4.50 43js Mini Imp'19-35M&N 4.30 48 1944 J&J 4.50 NEW MEXICO 411 1919-1930 M&N 4.30 Cape May-58 1934___J&D 4.85 45.is ref 1953 op 1933_ _J&J 4.50 33.4s 1919 to 1933.. J&D 4.30 , 0.58 School 1919-51 M&S 4.85 4Ms Dec 18'52 op '22_ J&D 4.50, New York City 4s 1919-1952 M&S 4.85 48 Ref June '33 op '23_M&S 4.50 4348 June 1965 J&D 1003.4 1003.1 East Orange 00'25-45 F&A 4.55 is Bldg 1929 op 1919_ _M&N 4.50 43e June '19-'30.. J&D 100% 1013.4 4s 1934 A&O 4.55 48 Fund 1939 op 1919_ M&S 4.50 0 s 1963 101 48 Water 1933 J&D 4.55 4s Highway 1921-1944.. J&J i)... iTiai :. , 4.50 4:8( ) 434e (old) May 1957..M&N 101% 33.8 Water 1933 _.A&O 4.55 Albuquerque 4Ms '29. M&S 4 a (new) Nov 1957 ALIG N 1000M 101 00) Elizabeth 4s 1953 A&O 4.55 5s W W Dec 1062 b 4.95 4.804 --434e Corp stock 1967 J&J 100 101 4s Sch Jan 1 1955__J&J 4.55 Bemalillo Co 68'22 op'12.J&J 4 sCorpstock '19-'32J&J 100% 101M 4.go 48 1922 op J&J 4.55 58 1931 op 1921 4.80 43s i960 opt 1930_ MS 96% 07 Englewood-48 Sep '35 M&S 4.80 SocorroCo58 '41 op '21_A&O 4.80 43s 1960____ ------ M&S 96 96% Essex Co43.s Road '53_F&A b 4.654.50% 43s Mch 1 1962..... _M&S 96% 97 44s L'd Purch '20-'46 J&J b 4.65 4.50% NEW YORK 4 s Mch 1 1964. __M&S 06 97 48 1926 F&Ab 4.654.50% s Highway 1983.. .M&S 107--. 43s April 1 1966___A&O 96 96% 4ag Park 1938 F&Ab 4.654.50% s Canal 1964 J&J 107 48 arious 1936___M&N 90 02 4s Hospital 1946 F&A b 4.65 4.50 o s Canal 1965 J&J 101 4.8 Nov 1055 91 M&N 90 3.650 Park '20 to '35..F&A b 4.654.50; s Highway 1965_ _ __ M&S 101 4s Various 1956.... ..M&N 905% 91 2 Fairview-5s 1944 4.80 43s Barge Canal 1945 J&J 102 48 Various May '57_ _M&N 90 91% Gloucester Co4Ms'19-'26 var 4.55 4s Canal Term 1942.. 4s Nov 1958 9734 9831 M&N 90M 91 Hackensack -4s 1942F& A 4.55 48 Canal Term Jan 1946_J&J 973, 98 4s May. 1959 M&N Harrison-4s 1930 J&J 4.70 4s g High Imp Mch '58.M&8 9733.45 Exempt 1022_ _M&N I 90M 92 __________ .654.40 Hoboken 48 g High Imp Sep'58_M&S 97 3Ms Bklyn 1%1 Sew '27 J&J b 4.654.40 43s 1940 J&J 4.55 411 High Imp Mch 1960_ M&S 97 99 35.4s g D'k 1927 Ex_M&N b 4.65 4.40% 33-01931 M&N 4.55 48 Canal Imp July 1960_J&J 97334sg Exempt 1941_ M&N b 4.65 4.40% 58 School 1920-1954__J&J 4.55 48 Canal Imp Jan 1961_J&J 97 _ jai-nie Exempt 1942 M&N b 4.65 4 4 0 4..40 Hudson Co -43-s 1948_ A&O 4.50 4s Canal Imp July 1961_J&J 97 99 34s R T 1948-1050_M&N b 4s Road 1923 J&J 4.50 40 HIghw Imp Mch '61_51&S 97 99 33.4s g Exempt 1952_M&N b 4:65 4:40 % 65 40% 4s May 1 1950_ _M&N 4.50 48 Palisade Park 1981....M&S 97 9831 334s g Exempt 1953_M&N b 4a g Park 1959 & '54_ M&N 4.50 48 Canal Jan 1962 5 J&J 97% 33.4s g Exempt 1954_ M&N 82 83 4s County Bldgs '46.F&A 4.50 48 Highw Imp Mch '62_ M&S 97% 99 5 334ag Water Ex'54_M&N 82 4s gold Ref 1935___F&A 4.50 48 HIghw Imp Sept 65_M&S 973 98 334s Exempt 1955_ _M&N 91 3s Bridge'19 to'20.A&O 4.50 48 Canal Jan 1966 J&J 973 98 334e Stk April 1 '54.._A&O 81% 83 Irvington lis School '63_J&D 4.80 4s Canal Imp Jan 1967_ J&J 973 98 33.4s Nov 1 1929____M&N b .654.40% Jersey City 4s flighwImpMch 1967. M&S 97M 98 3.30s Co '19-'21 Ex__ _J&J b 4.65 4.40% 58 gold assess 1924_ _ M&N 4.50 4s Palisades Park 1967_M&S 973 98 3a g Dock 1924 Ex_M&N b 4.654.40% 58 Water June 1 '21...I&D 4.50 3s gold Jan 11923.J&J 90 96 3s g R T 1950 Exem_M&N b 4.654.40% 4s School 1919-58_J&D 4.50 3s g Jan 1 1956 J&J 00 90 Niagara Falls -4s Nov 1921 4.55 . 4 s Refunding 1928_J&J 4.50 38 g July 1 1958 J&J 90 96 4.10% Sewer 1935-40_J&J 4.35 4s School 1945 J&J 4.50 3s g Canal Jan 1 1959_ .J&J 90 90 4 School 1921-26_ F&A 4.35 4 s Water 1961____A&O 4.50 Albany 6a 1919 M&N 4.30 3 s 1942-1945 M&N 4.35 4 s Sch Mch 1961- M&S 4.50 40s June 1 '19-'28 J&D 43 4.30 NorthTonawanda 43124A&O 4.50 431s Park Mch 1961_ M&S 4.50 4 s Water 1919-34_M&N 4.30 434s 1919-1925 J&D 4.50 4s Water 1932 A&O 4.50 4 s Oct 1963 A&O 4.30 Oneida Co -334s'19-'28F&A 4.30 4s 1935 J&D 4.50 s Water 1932 M&N 4.30 Onondaga Co 38 '19-'29.140 b 4.55 4.30 48 Refunding 1949___F&A 4.50 431s 1919-1954 J&D 434s 1920-26_ 4.30 J&J b 4.554.30 3M Refunding 1920_J&D 4.50 46 Park 1920 to '30_ M&N 4.30 Orange Co 33.4.'20-24 Feb 1 4.30 Kearny 0.58 1936 F&A 4.75 48 High Sch 1920-31_F&A 4.30 Ossin ng-4 s '19-'42_M&S 4.30 43s April 1962._ _ A&O 4.75 3sPub Imp 1920-24F&A 4.30 b Basis. d Now part of New York City. I Flat price. n Nominal. Bonds Missoula County 4s Ref 1921 opt 1911_ F&A Phillips Co Ss Ref Dec 1935 op '33J&J Yellowstone County /Ss Ref 1919 op 1908_ .J&J Bid. Bonds. 53 STATE AND MUNICIPAL BONDS FEB., 1919.] Bid. To Ask. Net. Bonds To Bid. I Ask. Net. Bonds. Bid. To Ask. Not. 4.50 Sandusky 5s 1919 to'26 F&A, NORTH DAKOTA 4.30 4.50 Oswego 4s '20-'29__M&N Springfield 5s'19 to '21 M&S 4.30 4s Fund'g Mar 20'21_ _M&N Adr0 4.60 3s 1919-22 *50 1931-1934 4.50 Grand Forks 4.50 Penn Yan 4.358'19 to'31 Oct 434s Blg Sep 1'19-'21M&S 4.80 4.30 5s Refund May 1924-384.50 Po'keepsie 43-ss 1922....F&A M&S' 40 1921-1925 4.80 4.30 Renville Co Os Mar '22 M&S 4.60 3s 1919 to 1930 4.80 Springf'dSD*5s'20 '39_J&J2 4.30 Ward Co 4As July '25 _J&J 4.60 Putnam Co 44s'19-'29 F&A Steubenville *50 '19-'35 M&S 4.35 J&D 1927 4.50 queens Co-4s Toledo-434s 1919.. _A&O (See foot-note') OHIO 4.35 4.50 Richmond Co-d4s g'21 J&J 4.60 *434s Gen Imp Sept 15'20 ___ *Akron-55 1923 -4s Fdg Apr '44 b 4.40 4.20 4.50 Rochester 4.60, 41434s Sept 1 1928_ M&S r 4,5s '19,'20,'24 & '28M_Ne J&J b 4.40 4.20% 4.40 4s Jan 15 1933 '28'33&'38 F&A 430 Bdge 4.60 *5s Water 1919-1953_A&O 4.40 4gs Municipal 1945_ M&S b 4.40 4.20% A&O 14.60 4s 1926 W 1924____M&S *5Ai3_W 4.20% 4.40 4s Pub Imp 1925-48F&A July 1 1942 _J&J 40 Park 4.60 *4gWWDec31'19-37J-D31 J&J b 4.40 4.20% 4.40 4M$SCh 1920-1945 334s Refunding 1930.M&N 4.50 A&O W 1942 4s W J&J b 4.40 4.20% 4.40 440 1920-1936 Dist-4s'23 to '29 4.50 Toledo Sch J&D Alliance 4s '27-'32 J&J b 4.404.20% 4.40 40 1922 to 1927 Warren Co 59 1929-'34_M&S Ashland Co *5As Bridge 4.60 4s Imp Sch &c'20-'47_J&J b 4.40 4.20 4.75 Youngstown *5s'19-'25 Ade() Oct 15 '19-Oct 1 '23_A&O J&J b 4.404.20% 4.60 48 Jan 1946 A&O 4.50 001919-1957 * J -- Butler Co 43s '21&'24_J& W WImp 1947___ Ada b 4.40 4.20 Dist 4.70, Youngstown School ___ *43isFl-Emerg'21-'3151&N 3gs Imp July 1 1924_J&J b 4.40 4.20 4.50' *434s 1944-1947____M&Sb 4.85 4.70% --J&J Cambr1dge-4gs'20-'34 33s Ref 1933 op '13_J&J o 4.40 4 204 -'5s 4.50 Zanesville 4 City Hall J&J 40 1923 4.70 3 s Bridge Sept 1 '21 J&J b 4.40 4.20 0 ___ M&S 4.80 & Mkt 1920-'39 M&S 4 30 *50 Sew 1953 Rockland Co-48'19-34 M&S 4.80' 4.30 *5s Sewer 1931-1937 M&S 3s Fund '19 to '24_J&D OKLAHOMA 4.60 • M&S 4.30 Canton-s5s Sew 1953 Rome 43is Sept 15 '31 J&J 4.60 434s Oct 15 1924-'33_A&O 15 101 4.30 *5As Fund 1919-37_J&D -So Mar 10'19-38_M&S Rye 4.50 4s Funding 1919-27__FdrA 100 4 6') 454s Water-Wks '30 M&S Saranac Lake4As'19-26M&S 4.50 Ardmore-5s 1922____M&N 10034 4.60 48 '21,'22,'28 dr '27_FdrA 4.45s Firer:1011W19 '39J&J Canadian Co 4s '22-131..P&A 97 Canton S D Saratoga Springs 1.60 Muskogee -434s 1925_ Mdc N 100.79 ______ 4.50 *5s Apr 8 1954_ _Adr08 430 Park 1919-40___A&O M&N 100.64 ______ 5s Nov 1 1924 .4.60 4.30 *4.40s 1956 Scarsdale 4Sis '20-'45__J&D 4.50 5s Funding 1929__M&S,101.06 ._____ 4.30 Cincinnati-*4gsSt '32 J&J 'Schenectady 50 '19-'33_J&J M&S 101.48 .4.50 5s Sewer 1936 J&.11 4.30 •4,4g July 1943 Act° 48 1919-1931 4.50 Okla City-5s'37 op'22P&A 100.24 4.30 *4 s Park 1953____M&I's1 4 s Pub Mkt'19-'30 A&O M&S 101.48 1.50 5s Water 1936 _A&O 4.30 J&J •41.4s Sewer 1955 43.o 1919-1934 5s Fund Oct 9'36__A&O 9101.48 4.50 4.30 *444s Sew Sep 3 1937M&S3 SchenectdyCo41.4s'42'58J&J 4 40 5s Fire Dept 1934_J&D 101.38 _ _ 4.50 40 Aug 1 1934 F&A Solvay 4S4s 1919-49. ..F&A P&A!101 4.40 434s Sewer 1936 -i,:50 4:30% _ ._I 4s s 1 1941 opt 1921___J&J Suffolk Co 41.s '24-'32_ _J&J 6 J&J 102.17 43is W W 1941 4.40 M&S 4.25 4s Sept 15 1949 -4s Wat 1920_J&J Syracuse City S D 4s 1933 J&J 98.61 1.40 Okla F&A ____ 4.25 3.650 g Feb 1937_ 4s 1919-35 Var 11)0 4.50 5s 1926, 1930, 1931.. Var. 4.25' 31-4o Ref '56 opt '36_M&N 5s May 15 1919-1938 4.50 Okla Co-434s '24-'33_J&D 101.31 4.25 31.s 1938 opt 1918F&A1 ______ 4s Refunding 1929. __J&D I 50 Okmulgee4.20 31.s Water '45 op '25 P&Al...--__ 4s Water July 1 1920 _J&J 100 1.50 5s W WExten Mar 15'43_ 99 3 s Ref 1952 opt '32_J&J --_-__ 4.25 J&J 3gs Water 1928 ' (.50 Payne Co 4gs'20 to 29Adr0 100 3s Water 1939 op'19F& A --- _ _ 4.25 3s Water July 1 1920_J&J 4.50 b-4.50 4.30%; 85 eine S D *41.4s 1934..A&013 ___ _ Tloga Co ffs 1910-30._M&S 4.40 4: 4s 1936 opt 1906__M&S--__ ._ Tonawanda 41.s'20-'42_J&J OREGON -i 31.4s 1940 opt 1912__A&O 4.501 Troy-4gs 1919-1925 J&D b 4.50 4.40 4% 40 Highway 1923-42___A& -___1Cleveland444o School 1919-31__F&A b 4.504.40 Highway 1922-41_ _A&O 4.50 to ---; *58 St impt 1919_M&N b 4.50 4.40 434 Feb. 15 1919-1957 101 4.50, Albany 5s ref '31 op'21.A&O 1 4153 IV W 930-1968__J&D 48 Water 1919-1925__J&D b 4.50 4.40 101 J&D ..„ 5s 1953 ---1 *4 s St imp Feb 1'34P&A 4.50; Astoria b 4.504.40 0 4s Sept 1 1926 M&14 b 57 4.90% 4.50 Baker City 5s 1934 3gs Water 1910-36._J&J b 4.604.40% - --1 *4 s St imp Feb l'32P&A A&O b 59 4.90% 4.50; Clatsop Co 58 1934 4.25 S41.o Mch 1949_M&S Utica-4gs 1919-35_ _M&N 4.50; Columbia Co So Road 4.25 *4 s Fire dep '19-'55A&O 33s Nov 1 1919 to'35 Nov _ 4 Apr 1 '19-'24-'29-'34_A&O 4.40 ; 4 sClarkAvBdg'42_A&O Warsaw Union Fr S D No 10 4 4.40 Dallas City 5s'19 -'26_M&N ) 40' 43o Bridge 1931____Adr0 ' Oct 44s 1920-1942 4s MilcS 5s 1942 4.40, Eugene 43) 4 s Park 1938 Adr0 J&J Watertown 4s 1942 ._____ 4.40, Multonomah Co 454s'32J&D b 5.10 4.80% 4 30 4.108 Paving 1930......A&O 4s May 1 1938M&N 1920-1929 M&N b 5.10 4.80% 5s Road ._._._ 4.40 4.30 4.10s Sew Const '30_A&O 33.s Sewer '19 to '27 M&N 4.75 ____ _ 4.40 Portland-5s g C H '22_J&J 4.60 4s Infirmary 1920___A&O West Seneca 5s '19-'38_A&O 4.75 F&A 4.40 534s Aug 1928 A&O 4s Water 1920 . . Co 3gs'27&'28J&D 6-17.i 4- 35% 'Westch'r 4.75 J&J 5s Water 1923 1925 J&D 4s Sewer 5s June 1 1929-'54__J&D 6 4 55 4.30% 4.75 ____ 1.40 iSs; Bridge 1925._ _A&O 4s Refunding 1927 A&O Ois Co Bldg 1927-44 A&O b 4.55 4 307 4.75 M&N 4.40 434s Dock 1943_ A&O 4s Co Bldg 1920-59_ _M&S b 4.55 4 30%_ 2:1 4s Park 1929 4.75 A&O 1920-47 .4.40 41-4s Oct Adr0 4s Park 1931 / F&A b 4.55 4.307 --46 1930 to 1935 4.75 J&J 1.40 4s g_Bridge 1934 M&S 40 Sewer 1919 - -4s San Sew '33-'82_J&J 6 4.55,4 30 4.75 M&N 1937 4s Water 4.40 A&O 4s Park 1924 White Plains-4s '19-'28 F&A b 4.504.40% --101 4.40 Pt ofAstoria5sHar'24-'29J&J 97 4s Grade Cross'g '30_ A&O --A&O 0 4.504.40 3s Water 1931 100 Bay Harbor 5s..-- 97 4.50 Pt of Coos Cleveland SD *0.0219235 4,4o Fund '21 & '22 J&D 6 4.504.40 _ 4:iE • A&O4.40 Port of Portland 5s '22 J&J _ . -, 4s 1922 ' . -58 Refunding 1922 A&O 0 4.50440 19 : 4.75 4.40 40 Dry Dock 1934____J&J 4.60 J&J 4s July 1 1932 Wolcott4%Lily 15'19242.1(U 1 Salem-5s Sewer'19-'33M&N 101 4.30 Clifton (in Cincinnati)'Yonkers-4s '19 to '25_M&S .____.. 4.40 4 30 434o Water 2d ser '22 A&O 4s Water '19 to '22 _A&O PENNSYLVANIA 4.30 Columbus--43405ew'21M&S 440 Mar 1 '27-'S0._A&O 4.40 Allegheny-4s'22 & '27_J&J b 4.30 4.207 4.30 4s Dec 1 1927 J&D 33-4s May '19 to '24 F&A _____ 1.40 48 Street Imp 1937__M&Nb 4.30 4.20 4.30 4s Sewer '33 opt '13_M&S 5s April 1 1923-27 4.40 31.40 1919 to 1931___AdrOb 4.40 4.25 4.30 4s Wat-W '45 op '20_MdrS A&O So 1920-1938 4.40 Allegheny Co 4 Ms'43_M&Nb 4.30 4.20 _0 4 30 31.4s 1932 opt 1912_ _J&J A&O 6s 1919 RSA b 4.30 4.207 4s Road 1938 4.40 Columbus S D 4s 1926..M&S NORTH CAROLINA A&Ob 4.30 4.20 4s Road 1939 4.40 334s March 1 1923__M&S 1003- •-6s Construction 1919_ A&O 100 P&Ab 4.30 4.20 40 Bridge 1942 4.40 --- CuyahogaCo--53'19-'20Adr0 101 J&J 97 43 Refunding 1950 ' 33-4s 1942 opt 1922_ _ Mdr N b 4.49 4.25 4.60 4,5s Bridge 1919-27__A&O .J&J 98 4s Building 1951 96 4.60 Altoona-4s '34 opt '14_J&J 95 5.40 415s Ref 1020-1939_ __A&O Albemarle 6s 1920-1938 F&A 96 4s Ref 1936 opt 1916__J&J 95 ____ 4.40 4.85 4s Ref 1919 to 1926_A&O J&J A.aheville 5s Ref 1941 96 ._ .. 4.40 40 Highway '37 op '32 J&J 05 4.85 4s 1919-1941 A&O J&J 58 School 1943 96 .. 4.60 Altoona S D 4s'19 to'35A&O 95 4.85 *Dayton-5s 1923-'32_M&N J&J 5Yis 1919-1957 4.60 Braddock 4 SO '19-'44M&Nb 4.40 4.307 4.85 *534s W Wimp 1944_J&D ;isStreet 1920-1936_ P&A M&N b 4.40,4.30% 4s 1919 to 1935 . 4 60 4.85 415s W W Imp 1945__P&A A&O 48 April 1922_ -----47/i _ 4 60 Chester-334s 1929____J&J b 4.504.30% • cigs W W Imp 1940.J&D Buncombe Co 5s'19246 J&D ... 4.60, 40 '37 op '17 tax-erm_J&J 95 1 9634 4% .1 434s Bdge 1933-1939A&O . ..M&S 44o Funding 1930 434s 1930-35-40J&J b 4.35,4.25% ____ 4.50 5 'Dayton S D 4s 1920_ _M&S A&O Os lidg '28-'37 0 '40__.T&J_ . 4.50 Chester S D 434s'32-'37-'42_ b 4.35 4.257 4.75 East Liverpool-4s Charlotte-5sSt &Sew'29 J&J A&O b 4.504.30% Easton-334s 1928 4.50 4.75 Elyria 48 1919 to 1923_F&A 5s School 1920-46_ _ _ _P&A 4.50 Eastou D 49'24 op '14 F&A 97 1 98 4.75, 4s Water 1924 to '38_J&D 43o Water Mar 1935.J&J 1 Erie-4s Street'21 op'11 J&J 98 1 99 4.75' Findlay City, S D4 s Water Oct 1'41_A&O ._ . 4.70 434o Ref 1934 op '24 Jda b 4 404.25% 415s 1919-1927 Hr.; 4.75 '41_J&T 4 s School Oct 1 F&Ab 4.40 4.257 _ . 4.50' Erie SD 4o'19-'38 4.75 Fostoria-4s 1925____M&S J&J 4 s July 1 1942 AdrOb 4.40 4.257 4.70, 4 Xs 1919-1937 1.80 *5s W W Imp '19-'40 M&S Durham-41.sSew&LV41.1&J b 4.40 4.25$ 11936-1946 q Jan 4.50 4, 4.80 Franklin Co 4i '19-'25_M&S 4s Fund 1921 to 1940_ _ 1.60 Fayette Co 4s Road '26 A&Ob 4.40 4.25 ...._ . 4.80 415s FI-Emerg '20-'29 M&S 5s Water 1920 to 1945 J&J A&Ob 4.40,4.25% 1936 1 50, 40 Road . _.. 4.80 Gallipolis 40 Aug 25 '20 RIGA 5s Fd dr Sower '19-'39P&A 1.25 Harrisburg-4s 1920.__J&J b 4.40 4.257 --s Granville Co-4.l '39 M&N 1)- - 5% - 5% - - -1 Hamilton 43.4s 1919___MArN 1 1.60' 4s Aug 31 1926-'32 M&Sb 4.40 4.254, 4.80, Hamilton Co *4Xs'43F&A '3 Greensboro-5s W W0J&.T 4s Pub Imp '19 to '38 M&Sb 4.40,4.25 . 4.50 4.80 4s C Fl rne'36 op '16 JAEn F&A 5s Aug 1 1942 ___ -5s '21 op_ M&N b 4.50 4.30% 4.75; Johnstown 4.80 Ironton *4% W W 1936J&D 48 Water-Wks 1954 J&J M&Sb 4.51)4.30 _ ._ .4.50' 4S4s Sept 1 1923 4.80 Lakewood 414s '21-'39_A&O Greenville 5s W W '58_F&A 4, 434s 1920, 1925& 1930..._ b 4.50 4.30, . _ ._ ,.4.60 4.80 A&O •434o Oct 1915 lredell Co 5s Aug 1 '42_ F&A 4s Building 1930 opt M&S b 4.50 4.30 0 ._... 4.60 4.80 *5s Park&Imp '10-'41A&O 1952_ Lee Co 5s Road 4.75 Lackawann% Co 40 1944F&A b 4.404.25% ____ 5 l'Lawrence Co 5s 1934_ M&S Lincoln Co fis 1943 &'48 J&J 0 Lancaster-4s July'19-20Q-J b 4.40'4.257 5 1 Lima 4s Sewer'19 to'25 A&O 50 Bridge 1937-1951_P&A ' 4s Street Em '38op'28 A&O b 4.404 257 _ 4.90 0dr *4343 Oct'19-Oct'3_A0 Mecklenburg Co-6s'20 M&N 4.50;4.351 4 0 334'm Sewer 1934._ M&S b • : 4 : .590 4.90 334s Ref '30 op '25A&O 5s Fund 1919-1936__M&N 1.40,4.25 0 .. 1.50 Lancaster S D 4s May 1945_b 4.40 4.25% 4.90 Lorain 5s 1919 to '32_ __.T&J M&S 41.4s 1043-1947 b - . 4.70 LowerMerionTp 4s,4 As,4 4.90 *Ss W W Ref'19-'27_M&S J&J 6s 1920 Raleigh 1 McKeesport S D 434o 1919- . 4.50 4.90 Lucas Co 4s C-El 1944_M&S A&O 110 1927 M&N b 4 40 I 311% .1943 4.90 Madisonville(in Cincinnati) So Munic Bldg 1939 _J&J _ 4.50 Norristown S D 4IV '43 J&J 6 4 31,4 25% J&J 4.90 50 1932 op 1922_ 5s Water Wks 1943_ _J&D 97 .. 4.70 Philadelphia-4s 1937_ _J&J 96 4.90, Marietta-L434:3'19-'33 J&D 1313 Impt June 1 1944_J&D 104 J&J 103 43-4s May 1918 4.50 5 1 13S4s 1931 op 1911___F&A Rutherford Co So '23-'52 J&J 3 / 9S% J&J 943 434s Nov 11948 4.70 4.90 Marion 50 1919 to '23 M&S Surrey Co Os May '33-'58 J&J 9634 97 4s July 1939 4.50 4.80 Martin's Fy 5s '20-'44M&5 - -Wake Co 5s Fund '48.. J&J J&J 9634 97 , 4.50; 4s July 1940 5 1 Mercer Co--5s'20 to'24P&A . _ .- .._ Jan 1924-1942__ _ Weldon Os J&J 96g 97g 450. 4s July 1942 4.90 Middietown4s'300p'20_P&A _ _ - ... Wilmington-5s F'd '22_J&J J&J 9634 0734 1 48 Nov 1943 4.90 Montgomery Co.So ref & impt 1955 A&O J&J 90g 97g 4s Nov 1944 4.60 4.90 *58 Fl-Emerg '23-'42 J&D. _ .. . 4 go g Wat & Sew '48 A&O JSr...T 9634 9734 40 Jan 1945 4.60 4.90 MuskingumCo*5sOct 1'19-231 _ _ 41.s Wat & Sew 1052.J&J J&J 9634 97 1 is Jan 11946. 4.70 4.90 Newark *Oa '19-'41__A&O - 4s g Ref July 1 1929__J&J Jar-1 9034 9734 4s Nov 1 1900. 4 50 4.90 Norwood-434s 1925__J&D,...... . Winston-Salem-5s'24 M&S 92 1 J&J 91 , 3Sis Water 193L A&01_ 4.90 4s 1930 5s gen impt 1944J&J 3Lis July 1932 _ _ 4.50 4.90 Portsmouth-4s'19-'24_J&D _ _. M&S 50 Sept. 1919-47 02 91 I ?IA 31.4. hitv 1 IfIlt 4.90 Portsm'thSD3448'19-22 A&O . . . . . . 4 50 4'.4o July 1 1952_ ...T& I b Basis. d Now part of New York City. f Flat price. n Nominal. by municipalities in *Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. 1 1913 that State are subject to taxation. Bonds issued prior to Jan. 1 1913 are exempt from taxation. 54 STATE AND MUNICIPAL BONDS Bonds l'o Bid. Ask. Net. [VOL. 108. To Bonds Bid Ask Net Bonds Bid. To Ask. Net. Philo S D Ois '24-'43__J&J b 4.40 4.25% __ Memphis 5s July 1954J&J 4.75 Lynchburg-5s '26 op.._J&J 4.65 4s 1923-1942 J&J b 4.40 4.25% 5s 1919-1927 F&A 4.75 4%s Ref June 1 1927_J&D 4.65 Pittsburgh-43.s'19-'50J&D b 4.304.20% __ 5s River Term '23-'48A&O 4.75 4%s Pub Impt 1939__J&J 4.65 48 May '25 op '10-'22M&N b 4.30 4.20% _ 4%s Refunding 1926_J&J 4.75 4%s Pub Impt 1946__J&J 4.65 48 1919 to 1927 M&N b 4.304.20% 4%s Refunding 1939_J&J 4.75 43-s Water 1951 J&J 4.65 4s 1920 to 1939 J&J b 4.30 4/.20% 4%s St Impt &c '46_F&A 4.75 4s Ref Oct 1934 J&J 4.65 48 1919 to 1036 J&J b 4.30 4.20% 43s Park 1947 J&J 4.75 Newport News 43.s'48 J&D 43s '19-'38 taxable_M&N b 4.30 4.207 4%s Street 1947____M&S 4.75 4%s Feb 1953 FAA b 57 4..907 5 ° 90 0 7 o 7 ° 33/is Apr'19 to'30___A&O b 4.50 4.254 -_. 43s 1950 J&J 4.75 4s Street Nov 1 1941 M&N b 5% 4.90% Pittsb SD 434s'22-'27 J&J b 4.40 4.20% 4%s Park 1959 A&O 4.75 Norfolk-5s Ren 1923_J&D b 5%4.80% Reading-4s '19 to '28_A&O b 4.40 4.20 o _. 4s Water 1933 M&N 4.75 43s Munic Impt'42 M&S b 5%4.80 48 1919-'23-'28 ___ _M&S b 4.40 4.20% __ Memphis S D 4}is '59__J&J 4.80 41.0 Renewal 1941_A&O b 5%4.80% 4s1921, 1926, 1931 b 4.40 4 20% Nashville--5s Wat 1921 J&D 4.75 4%s Imp July 1940__J&J b 5 4.80% Schuylkill Co 3s '21 opt_J&J b 4.25 4.10 58 March 1933 M&S 4.75 4s July 1 1932 J&J b 5%4.80% kranton 4s '19-'41__F&A b 4.50 4.35% 5s 1919-1935 5s M&S 4.75, 4s Water Oct 1 1934..A&O b 5%4.804 4s 1919-1937 M&S b 4.50 4.359' 58 Sch 1919-1945_ _J&D 4.75' 4s Impt March 1936_M&S b 5%4.80% 48 1920-25-30-35._ _A&O b 4.50 4.35% ___ 41.0 Sewer 1923 A&O 4.75 Petersburg 44e 1952_ A&O 47 - 75 . 1Scranton Sch District4s4%sStreet 1935 J&J 4.75', Portsmouth-4%s 1940 F&A 4.90 1923-'28-'33 A&O b 4.504.359' 4%2 Trunk Sew 1940_J&J 4.751 4 s Imp Oct 1 1942_A&O 4.90 3%s 1919-1932 F&A b 4.50 4.35% 43.0 High Sch 1940„J&J4.75, 4 s Sch & Sew 1938_J&J 4.90 Uniontown 4e'28 tax-exM&N b 4.50 4.30 0 ___ 4s (Tenn C RR)'24_M&N 4.75' 6s Ref 1928 J&J 5 Wash'n Co 430'21-'34.M&S 6 4.40 4.25 48 Sewer 1927 J&J 4.75 Richmond 5s '20 to '22..J&J b 4.604.509' 48 1924-1933 PA&N b 4.40 4.25 0 45 Water 1928 J&J 4.75' 4s Pub Imp 1949___J&J b 4.604.50 Wilkes Barre3420-'29_F&A b 4.50 4.40% ____ Putnam Co 440 1941_July 1 4.80, 4s 1920 to 1930 J&J b 4.604.50'7 48 1920 to 1935 . J&J b 4.50 4.40 ' RobertsonCo4s'41op'31_J&J 4.80' 4s 1938 to 1943 J&J 6 4.604.50 4%s Imp Ser I '22-'38A&O b 4.50 4.40 ___ Shelby Co -44sSch'41.J&J 4.80' 4s 1924 J&J b 4604.50 43s 1931-1940 J&J b 4.50 4.40 45 Court House 1955_J&J 4.80 4s Jan 1 1926 J&J b 4.604.50 43.0 Imp 1940-1945 J&J b 4.50 4.40 4s 1938......, J&J 4.604.509' Wmsport 330'29 op'09 M&S b 4.40 4.255" ___ , ' TEXAS 4s 1941 J&J b 4.60450 York 43js 1924-1943_F&A b 4.40 4.255' ___ Austin 5s 1919-1942____J&J 4.90 4s Jan 1 1942 J&J b 4.604.50 York Co 33.s 1919-32_M&N b 4.40 4.25% _-5sSchBg&Hos'52op'32J&J 4.90 48 1943 J&J b 4.604.504 43% Refg 1919-1946_J&J 4.90: Roanoke 43s Ref 1936. J&J 4.80 RHODE ISLAND Beaumont 5s'52 op '32_ A&O 4.90' 4%s St Impt May 1940_ 4.80 1 4%s Pub Bldg 1041_ 5s Water Works 1954.M&S 4.90p MAN 4.80 Is Chant Inst 1965__ __M&S 4.20 4s 1942 opt 1922 J&D 4. I 44s Pub Bldg 1944_ MAN 90 4.80 34e gold S H 1934 J&J 4.20 Cleburne5sWW'52op'32.J&J 4.90, 4s St Impt 1936.. J&J 4.80 Is State H July 1038.._ _A&O Dallas5 1 Stafford Co 58 1942_ _J&J Bristo1-3%eg 1930.... M&S 4.50 bs June 1 1931 J&D 4.70, Tazewell Co 5e 1923-46_J&J 5 E Provid'ce4aJune15'47J&D 93 ------ --_ 5s g Aug 1928 F&A 4.70, rohnston 44s 1920, 1925, 4 s Sch 1919-1952_M&N 4.70' WASHINGTON 1930, 1935, 1949.. _.._M&N 4.50 4s Water '47 op '17.. A&O 4.701 Aberdeen 53s '22-'31 _J&D 4% Linco1n-4s 1928 A&O 97 4s Water '19 to '49__M&N 4.701 Bellingham 58 1026_ _A&O 4.80 Newport -43s '19-'39_M&S 6 4.404.35%___ 4s School 19192 51__J&J 4.70 Ciallam Co -4%e 1921 MAN 4.80 4s gold 1927 F&A b 4.40 4.357 Da1la8Co44eSep10'51Apr 10 4.70, Clarke Co 5s'35 op'25_Jan 1 4.80 48 May 15 1948 M&N b 4.40 4.35 5s Viad & Bdge Feb 10 4.80 33.0 g High Sch 1954.J&D b 4.40 4.35% --1 Everett 5s July 15 1931_J&J 1054 op 1924.. , .._Apr 10 4.70, 5s June 1936 J&D 4.80 Pawtucket -4%s 1050....J&J 4.50 ElPaso5sPurch 50_A&O 4.80, King Co -55 1928 M&S 4.80 43s Sewer 1952 J&D 4.50 5s Fund 1951 opt'31 M&S 4.801 Ss C't House '33 opt May 4.80 48 Water 1937 M&N 4.50 be School 1955 op '35..JA 1 4.80 bs Road 1935 F&A 4.75 33s 1922 I 43sHarb opt '22-'30 Novi J&D 4.50 5s Imp Aug 1 1948_ F&A 4.801 4.75 Providence--4s g 1921__J&J b 4.604.409' --- Fort Worth -6s 1922__F&A 4.80, Lewis Co be 1923-32._ M&S 4.80 48 gold April 1927_A&O b 4.60440? -__ 5s Refunding 1920___J&J 4.80, Pacific Co 4s May 1 1944 M&N b 4.604.409' 0 5s Apr 1951 opt '31_ A&O 4.80' 4%s Ref July 1 '28-'36 -4.80 4s Jan 1 1945 J&J b 4.60 4.40% 43.sStImp'48op aft'28J&J 4.80 Pierce Co 5s ref'25op'15A&O 4.80 48 July 1956 J&J 6 4.60 4.40 4 s Bch '48 op aft '28.J&J 4.80 58 Sept 1 1928-37_ _Sept 4.80 3%s Sch & Br 1929_M&N b 4.60 4.40% --4 sSch'49 op aft'29_J&D 4.80 48 Ref 1926 opt 1916_M&S 4.80 38 Sew & Imp 1929_ _M&N b 4.60 4.40% --4,13 Refunding 1941_ _ _J&J 4.80 Port of Seattle 58'192 55M&S 4.80 Aresterly-4s 1927_ _ _ _M&S 96 ------ _ __ Galveston 4%s Jan 1920-1955... J&J 4.80 3%s Water Feb 1929.F&A 92 ------ --_ 5s Lim debt 1932-1936 J&J 98 100 --- Seattle-5s 1919-1930__J&J 4.75 Woonsocket 4%s Fd '41J&D 4.50 15s Grade Rats 1944_ A&O 98 100 4%s Sewer 1927_ ..M&S 4.75 43s Funding 1944__M&N 4.50 5s School 1919-1954_M&Sb5 % 59' 44s Water 1931 J&J 4.75 40 Funding 1941____J&D 4.50 5s Wat & Sew 1919-34M&S65 V J&D 59' 4.75 43.s Park 1931 48 Funding 1947__ _A&O 4.50 5s 1919-1956 A&O b5 c7: 5% 4j.4s Light ext 1932_ J&J 4.75 3%e Wet May 1'31M&N -_ 4.50 4%sGrad Ac '48op'28.J&Jb5 % 5% 4sLIb Oct 15 '22_A&015 4.75 44eGrad&c'49op'29_A&Ob5 % 55' 4s April 1 1929 --A&O 4.75 Galveston County Seattle SD Nol 4%s'24 M&N 4.75 SOUTH CAROLINA 5s Bd Apr 10'51op'31A&O 98 100 4%s Mar '19 to '31 M&S 4.75 Harris Co 4s'47 op'17-A&O 4 .80 Snohomish Co 58'31 op aft'21 4.80 iYis Blue 1928 J&J 100 102 --- Houston Spokane is Refund 1952 op 1932_J&J 95 98 _-158 Sew Nov 15 1939_M&N 4.75 Ss Park Dec 1 1927 _J&D 4.75 .Tharleston-5s Oct'22_A&O 100 101 ___ 59 RefOct16'41 op'31 A&O 4.75 4%s Bdge Coast 1931 J&J 4.75 4%s 1928 A&O 98 100 58 Mun Imp '26-'56.. F&A 4.75 44s Water 1935 J&J 4.75 48 Sewer 1929 A&O 4.60 4 NS Sept 1919-1952 MAN 4.75 43s Park 1962. J&J 4.75 4s July '37 (tax-exm).J&J 4.60 4%s Oct 26'38 op'28 A&O 4.75 43s Bridge 1919-36 J&J 4.75 45 Refg '38 (tax-exm)_J&J 4.60 Port Arthur 5s 1919-56.M&S 5 4s Water July 1 1925_J&J 4.75 .Theraw 513'52 op '32_ _July 1 100 101 .-- San AntoniopokaneSDNo8143.0129J&J 4.75 .1olumbia-6s 1921 J&J 4.75 5s 1923-1953 M&S 4.80 4%s May 1 1031_ M&N 4.75 5s Ref Mch 1 1941__M&S 4.75 5s Sept 1919-'53 _M&S 4.80 •te Aug 1 1919-1922 _F&A 4.75 4%e Water 1945 J&J 4.75 4%s May 1 1920 M&N 4.80 Spokane Co 4s '21 op'11J&D 4.75 keenville-5s 1940__ J&J 4.80 5s St Imp Dist No 2 1943.. 4.80 Stevens Co -44s '211 op '19_ 5 58 Street 1942 J&J • 4.80 San Antonio S D 5s '56_ FAA 5 Tacoma-5sg Peb 15'20 F&A 4.75 bs Water 1058------FAA 4.80 Tarrant Co -5s Road & Bdg 59 Refunding '19-'33 J&D 4.75 lreenvilleCo 4%s'40-'55J&J. 4.80 Apr 10'52 opt '22 _Apr 10 100 100% 4%s Lt & Pow 1929_ J&J 4.75 lichland Co 58 1933___J&J 4.80 Waco 5s Impt 1920_ M&S 4.80 4%s Refdg 1931 A&O 4.75 lock Hill 5s 1951 op'31_J&J 4.90 5s Nov 1 1934 MAN 4.80 Tee S D No 10 4%s'20 FAA 4.75 ipartanburg-448'35_A&O 4.80 58 Sewer 1937 J&J 4.80 WhatcomCo4%s'22op'12J&J 4.80 Ipartanburg County-bs Water-Wks 1942.. J&J 4.80 43 s 1923-1927 M&N , 4.75 4s Jan 1 1031 4.80 WEST VIRGINIA ,Charleston 448'41 op'27 J&J 4.80 UNITED STATES -See page 49 . , larksbg SD 58 41 op'21 M&S 5 SOUTH DAKOTA Hancock County-5s Grant . UTAH Road Dist'46 op'32_ M&N 5 s Rural Credit 1939_J&J 4% 5s Capitol Bldg 1934_ _J&J 4.40 Huntington 5s 1944_ __ _ Oct 4.90. kberdeen-5s '19-'21_ _A&O 4.75 4%s Capitol Bldg 1935_A&O 4.40' lartinsburg5s143ep'29Decl 4.0043.s Sewer Jan 1932J&J 4.75 4s Capitol Bldg 1934_ _J&J 4.40 Mercer Co5s'44op'24 A&015 5 Iloux Falls 5s 1931._ __J&D 4.85 4s Capitol Bldg 1924.. _J&J 4.40 Parkersburg 48 Wet '29 June 4.80 lioux Falls SD 5s 1935..A&O 4.75 33is Refunding 1920 __J&J 4.50; 4s June 1 1033 _J&D 4.80Box ElderCo4%sSch'32F&A 4.80 heeling-6s 1924 op.. Nov 4.80 Ogden-44s 1929 ----J&J 4.70 5s City 1919 op 19013_July 4.80 TENNESSEE 4%s Refunding 1932_J&D 4.70 43.s Bdge '24 op '06 July 4.80 4%s Ref Wet 1933__M&N 4.70 4s Ref 1919 to 1936_ July 4.80. e July 1 1919-67____J&J b 4.704.409' - 4s Ref 1921 opt 1911_J&D 4.70 , s Ref 1919-1955 J&J b 4.70 4.40% 0 Ogden S D 4s '22 op '12_J&J 4.70 WISCONSIN , s 1938-1955 J&J b 4.70 4.407 0 Salt Lake City 45s'24_J&J 4.55 ppleton 4%s 1920-32_ F&A b 4.904.809' s Ref 1919-1955 J&J b 4.70 4.4050 58 Ref 1919-1928 M&S 4.55 ond du Lac 43-8'19-'35 Mar b 4.854.75% ,s 1932-1953 J&J b 4.70 4.40% 4%s May 1 1934_ M&N 4.55 I reen Bay 4%s '20-'33_3&.1 4.60 Mount Co 5s 1921, 1926, 4s Refund Jan 1921__J&J 4.501 43 Refdg 1919 to '20 __J&J 4.60 1931, 1936, 1941,'51_J&J 4.80 43-4s ref 1934 MAN 4.55 enosha-3Y0'19 op'09 J&J 4.60 Thattanooga be 1920_A&015 4.75 4s Water '20 opt '10_A&O 4.55, . Crosse 00'32 op '22 F&A 4.50 4%s Public Imp 1937_J&J 4.75 4s S & W '25 opt '15_ A&O 4.55 4s Water '31 op '21__J&D 4.50 4%s Rig Apr 15'39A&015 4.75 Salt Lake City 5 101 48'30J&J 4.55 A&O 33.4s Refdg 1919_ 4.50 4%s Sew&cDec30'41 JAD 4.75 43s Feb 1 1932 F&A 4.55 ' nglade Co 48'19 to'23J u n1 4.60 44e Park 1942 MAN 4.75 4%s Aug 1 1933 _F&A 4.55 ; odium-4s Oct 1931_ A&0 4.50 nits Jan 1 1922 J&J 4.75 Salt L Co 4%s'260p'16 F&A 4.55 1 farshfield 43s '22-'32_J&J 4.60 ;ocke Co Rd & Brge 1919, 1 ilvraukee-'24, '29,'34,'39 MAN b 5% 4.90% ___ VERMONT W W Jan '20-132..J&J b 4.404.359' 4 :umberland Co 58 1956_J&J 4.90 Barre -3%s'22 op 1918.J&J Park1920-1935__J&J b 4.404.35 4.40 4 /avidson Co 4%s'37 opF&A 4.75 Mlddlebury 4,s'41op'21 MAN 4.40 48 laduct 1919 to '20 J&J b 4.40,4.35 Irainger Co be 1940....F&A 4.90 Montpelier 4s'19 op'04.AA0 4.40 3348 July 1919 to '21.J&J b 4.404.35 0 4:45 .. lamilton Co 5s 1944...A&O 4.75 Rutland-4s g 1924._ MAN 4.40 I llwaukee Co 4s'20-'25M&S 5s April 1 1935 A&O 4.75 I shkosh 4%s 1920-34_ FAA 4.50 5s April 1 1045 A&O 4.75 VIRGINIA 1 acine 4%s Ref '20-'30_ F&A '4.50 43s 1941 J&D 4.75 fis deferred ctfs 1871 J&J 4s School 1920-1923.F&A 4.50 4%s C H & Jail '42 A&O 4.75 Brown Bros ctfs 60 70 3%s Bch '19 op '09_July 1 4.50 4%s Bdge & Sch 1947 A&O 4.75 38 "Riddleberger" 1932 opt acine Co 4.3'20 to '23_ F&A 4.50 Cnox Co be 1930-1945 4.75 1900 J&J 88 89 ausau-4 As '19-'33_ A&O 4.60 [noxville-5s g 1921__A&O 4.75 3s Funded debt 1991 J&J 803i( 80M, 5s Refunding 1940....M&N 4.75 Danville-4s Refg 1931_J&J WYOMING 4:65 4%s Funded &c 1937 J&D 4.75 44s Ref Aug 1942__F&A 4.90 1 Insane Asy 1920 -21__Jan 101% 41.0 Water-wks 1949_J&J 4.75 Lee Co -5s 1920-'41_ J&J 5 i Pub Bldg 1919-28___July 105 4s June 1 1929. J&D 4.75 i heyenne 58 '31 on '11,, FA A 98 b Basis. f Flat price. n Nominal. 55 BANKS AND TRUST COMPANIES. Quotations in this department are given per share, not per cent, except for stocks of Canadian institutions, and are 5 as near as possible for the closing day of the month preceding the date of issue, though often are nominal. An asterisk() denotes sales. The letter (h) prefixed to a price indicates that the figures show the book value. other instiFigures of deposits, capital and profits for the national banks are from the Comptroller's last call; for all tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns a4LABAMA-Nnt. banks Dec. 31; Slate institutions latest retuns. CALIFORNIA-(Concluded1) Gross Surplus Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. Capital. & Profits. Deposits. Par. Bid. Ask. -------Per share. $ Per share. $ S . Birmingham$ San Diego (Con.) 325,220 7,336,723 100 130 140 500.000 557,217 2,834,498 250,000 Merchants Nat Bk Amer Tr & Say Bk_ 705,892 11,781,717 100 250 265 500,000 458,031 4,713,991 100 200,000 Birming'm Tr & 13.. San Diego Say Bk_ v1,619 v993,216 100 100,000 UnitedStatesNatBk First National Bank 1,500,000 1,526,542 25,071,163 100 230 240 n56,500 n2,441,300 100 125 135 250,000 Southern Tr& ComTrader( Nat Bank. Per share. 197,304 8,023,710 _ 1,000,000 merce Bank _ _ _ Mobile 885,924 10,087,948 100 400 410 300,000 San Francisco First National Bank 296,757 4,896,420 100 300 310 200,000 488,349 12,649,667 100 American Nat Bank 2,000,000 Merchants' Bank__ 316,837 4,515,753 100 260 270 200,000 Anglo-London-Paris People's Bank National Bank__ 4,000,000 2,374,074 72,334,706 100 150 Per share. Bank of Calif, N A_ 8,500,000 8,575,677 66,558,726 100 184 Montgomery151% 842,947 8994,499 100 101 106 200,000 5,000,000 2,000,000 85,937,839 100 Bank of Italy Capital Nat Bk.... 300,000 n110,392 n1,324,777 100 118 125 215,141 2,951,691 250 130,000 Exchange Nat Bank Columbus S & LSoc 1,000,000 n346,912,n4,638,198 100 135 138 First Nat Bank_ Crocker Nat Bank.. 2,000.000 4,187,514 32;757,204 100 500,000 n45,294,n4,142,769 100 95 100 230,602 2,629,599 100 650,000 Fourth Nat Bank Don'hoe-Kelly BCo 40,000 717,441 100 105 110 300,000 First National Bank 3,000,000 2,215,797 26,174,178 100 c225 Alabama Bk3rTr Co 925,737 100 160 180 65,210 100,000 Co_ French-Amer Bank Union 13k & Tr 110 362,974 10,195,694 100 800,000 of Savings San Fran S & L Soc 1,000,000 2,893,780 52,215,775 1000 105 376,507 10,360,340 100 900,000 Humboldt Say Bk. 152 ARIZONA-Nat. banks Dec. 31; State institutions latest returns. 147,201 9,369,745 900,000 Italian-Amer Bank Per share. Mercantile Nat Bk_ 2,000,000 n1,328,597 n12136701 100 215 Phoenix 90 249,797 7,754,043 100 71 Nat Bk 1,500,000 Merchants' 200,000 n285,890 n2,770,737 100 Nat Bk of Arizona_ 29,556 3,719,057 100 325,000 Mission Say Bank 232,473 3,565,703 100 200,000 Phoenix Nat Bank_ 299,924 9,947,375 70 700,000 Say Bank_ Mutual 123,702 1,666,707 100,000 Phoenix S Bk & Tr_ Say Un Bk de Tr Co 1,500,000 2,148,899 38,841,695 100 240 500.000 158,747 3,641,422 Valley Bank _ 260,974 3,336,511 100 1173§ 500,000 Seaboard Nat Bank 404,174 4,263,147 250 500,000 -Nat. bank. Dec. 31; State snstitutions latest returns. ARKANSAS Security Say Bank_ 11754 6,000,000 n5,307,297 n63297135 100 Per share. Wells Far Nev Nat Little Rock 701,744 16,055,764 100 112 Anglo-Calif Tr Co 1,500,000 168,717 4,482,105 25 225 300,000 Bank of Commerce 649,091 7,544,375 50 1,500,000 First Federal Tr Co 61,707 1,528,974 100 200,000 England Nat Bank.. Union Trust Co...._ 1,200,000 2,012,944 30,638,074 800 2,000 300,000 n266,867 n3,461,713 100 Exchange Nat Bk__ 125 121,976 5,961,474 100 750,000 Amer Nat Bank ...Per shire. San Jose 42,879 1,707,968 25 175 200 100,000 People's Say Bank.. 296,371 3,740,499 100 300,000 Bank of San Jose.... 26,404 2,524,782 100 125 130 250,000 Bankers Trust Co__ 346,997 5,166,178 100 300,000 First National Bank 526,199 100 57,267 250,000 Amer Trust Co--128,989 1,715,693 _ 100 100,000 Security Say Bank.. 100,569 1,490,729 100 141 145 300,000 Mercantile Tr Co 857,560 100 120,633 100,000 Security State Bank 156,979 2,844,717 25 127 130 500,000 Southern Trust Co_ 520,279 4,805,626 100 430,000 Gard C Bk & Tr Co 311,440 2,922,906 100 225 250,000 Union Trust Co- _ Stockton Per share. Pine Bluff 154,396 2,776,700 80 400,000 City Bank 213,292 1,326,759 300,000 Citizens' Bank.- _ -----193,195 4,806,663 500,000 Comm'l & Say Bk_ 488,943 25 61,467 100,000 CottonBelt SAT Co 200,000 n361,277 n1,116,051 100 First Nat Bank_ ___ 230,839 2,664,221 25 175,000 March & Plant Bk.. 100 200,000 .150,797 .2,786,922 SimmonsNat Bank CANADA-See last page. CALIFORNIA-Nat. bank* Dec.31; State institutions latest return.. Per share. Berkeley Berkeley Bk of S&T Nat Bank__ __ First 430,500 300,000 FresnoBk & Tr CoCentCal Farmers Nat Bank_ First Nat Bank_ Union Nat Bank..__ 200,000 300,000 500,000 150,000 Los Angeles Cal Say & Corn Bk. Citizens Nat Bank_ _ Commercial Nat Bk Farmers & Mer Nat First National Bank Guar Tr & Say Bk. Home Say Bank..... Hibernian Say Bk_ Merchants' Nat Bk Security Nat Bank. Security Tr & S Bk. Hellman Corn T & S Citizens Tr & S Bk Los Ang Tr de 8 Bk_ IT S National Bank_ Union Bank & Tr__ 500,000 1,500,000 300,000 1,500,000 1,500,000 1,500,000 1,000,000 500,000 1,500,000 600,000 1,800,000 800,000 750,000 1,500,000 200,000 700,000 350,800 7,985,791 211,921 4,018,193 200,347 1,955,328 451,320 4,515,643 100 n621,027 n5,595,909 100 n118,259 n2,073,353 100 Per share. 20,124 4,402,377 717,740 19,154,110 178,620 4,800,913 2,087,727 18,224,936 2,886,879 36,075,673 1,002,174 21,497,729 82,711 9,131,744 124,837 5,665,948 452,547 17,847,480 363,967 6,053,467 1,877,676 51,770,720 308,033 12,480,469 234,422 5,532,467 1,902,370 27,325,323 112,539 1,885,936 77,247 3,290,260 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 240 632 220 255 200 320 655 225 150 210 355 155 122 5.56135 COLORADO-Nat. Banks Dec. 31; State institutions latest returns. Per share. Colorado Spgs145,170 1,565,273 100 50,000 Colorado Say Bank 100,020 1,137,105 100 100,000 Colorado Spgs N B 236,887 4,534,443 100 300,000 Exchange Nat Bk... 538,337 4,936,462 100 300,000 First National Bank 101,447 1,562,370 100 300,000 Colo Title & Tr Co_ Per WIWZ Denver 177,217 7,065,918 100 300,000 Central S Bk & Tr_ 837,056 100 16,869 100.000 City Bank & Tr Co 500,000 1,871,247 20,893,763 100 Colorado Nat Bank Denver Nat Bank_ 1,000,000 1,486,941 19,765,913 100 41,144 2,374,065 100 250,000 Denver Stk Yds Bk 824,708 21,867 100,000 Drovers State Bk_ 857,9671 24,895,677 100 First National Bk. 1,250,000 94,429 4,283,712 100 250,000 Hamilton Nat Bank 651,849 12,019,075 100 400,000 U S National Bank_ 208,703 5,399,702 100 500,000 Amer Bk & Tr Co. 16,647 1,264,769 100 100,000 Hibernia Bk&TrCo 602,778 19,076 240,000 Guardian Trust Co 73,100 2,811,402 150,000 Home Say dr Trust.. 815,092 13,108,577 100 350,000 International Tr Co 62,576 2,579,404 200,000 Interstate Trust Co Per Leadville684,764 100 34,437 100,000 American Nat Bank 37,147 1,744,732 100 100,000 Carbonate Nat Bk. Pueblo 766,347 11,158,144 500,000 First Nat Bank__ __ 100.000 155,114 3,132,174 Pueblo Say & Tr Co CONNECTICUT- Vat. banks Dec. 31; State institutions latest return.. Per share. Bridgeport 730,986 7,752,080 100 190 500,000 City National Bank 664,200 466,227 3,886,291 100 170 Connecticut Nat Bk First Bridgeport N B 1,000,000 1,278,905,13,878,569 100 208 402,9141 7,667,927 100 187 500,000 Bridgeport Tr Co 65,1471 3,745,309 100 130 100.000 Amer Bk dr Tr Co 627,781 25,000 100,000 West Side Bank... r Share. Hartford 119,710 2,747,801 100 170 200,000 Am Indus'i B&TCo 200,163 6,384,374 100 165, 500,000 City Bk & Tr Co.... 150,492 2,266,328 100 125 132 500,000 Colonial Nat Bank_ 478,576 3,049,046 30 145 150,000 Conn River Bkg Co First National Bank 1,150,000 1,087,944 9,688,259 100 220 Hartford-Aetna NB 2,000,000 2,484,928,17,021,210 100 220 923,92713,428,021 100 230 Phoenix Nat Bank_ 1,000,000 _ 649,144 6,225,191 100 370 400,000 State Bank & Tr Co 378,887 2,812,329 100 485 100,000 United States Bank 500 750,000 1,092,041 7,895,051 100 S D Co_ Per share. Conn Tr & 156,241 1,677,862 100 310 320 100,000 Fidelity Trust Co_ _ 733,889 6,373,208 100 480 500,000 Hartford Trust Co_ 191,910 1,832,236 100 245 150,000 Riverside Trust Co 372,037 2,343,930 100 370 300,000 Security Tr Co_ 66,517 2,283,467 100 100,000 Travelers B & TrCo Per she's. Nee, Haven38,009 1,692,731 100 120 130 100,000 Bway Bk & Tr Co_ First National Bank 1,000,000 1,003,509 8,317,439 100 180 185 566,227 5,528,898 60 175 185 300,000 Mechanics' Bank __ 500.000 n558,010 n4,911,224 50 8254 85 Merchants' Nat Bk New Hay Bk N B A 1,200,000 1,526,033 7,034,729 100 178 183 300,000 n535,330 n2,413,493 100 175 182 Nat Tradesm's Bk. 130 184,669 3,921,262 100 272,000 People s Bk & TrCo 907,267 4,078,765 100 180 1185 750,000 Second Nat Bank _ 650.000 754,742 3,610,436 100 220 Un & N Hay Tr Co Per share. Oakland 723,447 15,691,274 30 - 600,000 Central Say Bank_ al3200,000 100 Central Nat Bank_ 1,000,000 a1,100,000 39,892 2,403,490 100 238,000 Farmers & Mer Bk_ 500,000 8149,877 84,998,696 100 First National Bank 115,071 6,866,060 500,000 First Savings Bank. Oakland Bk of Say_ 1,250,000 1,062,200 34,239,191 75 95,560 3,726,804 20 424,500 Eecurity Bank 100,000 210,694 1,002,773 100 State Savings Bank Pasadena First Nat Bank...... Nat Bk of Pasadena Security Nat Bank_ Union Nat Bank.... CrownCityTr dtSBk First Tr & S B Union Tr & Say Bk 300,000 400,000 100,000 100,000 205,000 400,000 425,000 78,692 45,901 26,934 118,517 22,594 111,987 210,997 2,217,175....... 2,541,027 100 826,031 100 2,757,308 100 1,125,713 2,848,249 _ 3,558,790 100 Sacramento California Nat Bk_ 1,000,000 322,969 10,961,936 1100 300,000 California Tr & S B 184,291 4,351,871 350,000 Farm & Mech S Bk 139,907 3,191,067 100 500,000 n1,040,107 n6,613,145 NBDO Mills & Co 500,000 292,275 4,801,791 100 People's Say Bank_ Sacramento Bank.._ 1,000,000 568,804 10,618,192 100 San Bernardino 100,000 17,964 California State Bk 623,598 100,000 54,890 Farmers' Each Nat 912,776 100 San DiegoFirst Nat 13ank___ 1,000,000 t70,471 t7,120,290 100 b T us Is capital p iii In authorizryi amount is larger when full paid, par value *ill also be increased. a Dec. 23 1918. •Sale price. 10 1918, t Capital is to beincreased. s Ex-dividend. 4 Et-rights. c Includes First Fed. rr. Co. stk. a Aug. 31 1918. t June 2) 1918. • May n Nov. 1 1918. r Apr. 20 1918. e March 4 1918. 56 BANKS AND TRUST COMPANIES [VOL. 108. Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns ILLINOIS-Nat. banks Dec. 31; State institutions latest returns. CONNECTICUT-(Concluded.) Surplus Gross Capital. ce Profits. Deposits. Par. Bid. Norwich Merchants' Nat Bk 100,000 Thames Nat Bank_ 1,000,000 Uncas Nat Bank.___ 100,000 Waterbury Citizens' Nat Bank 300,000 Manufac's' Nat Bk 200,000 Waterbury Nat Bk 500,000 Colonial Trust Co.. 400,000 Merchants Tr Co__ 100,000 Waterbury Tr Co.._ 200,000 38,791 397,820 100 654,530 2,628,356 100 30,882 540,338 100 246,977 191,744 462,971 600,262 133,767 84,290 4,127,474 4,806,742 4,077,347 5,078,973 2,828,117 3,325,264 Per share. 105 145 105 Per share. 140 150 175 80 85 200 100 100 50 100 100 100 110 DELAWARE-Nat. banks Dec 31; State institutions latest returns. Wilmington Central Nat Bank.. 210,000 Na; Bk of Delaware 110,000 Union Nat Rank.._ 203,175 Delaware Trust Co 730,900 Equitab Gu & Tr Co 500,000 SecurityT&S D Co 600,000 Wilmington Tr Co.. 1,000,000 126,377 2,172,323 167,419 2,088,015 e750,721 e4,471,896 301,703 4,053,010 808,707 3,735,135 818,741 4,714,813 857,121 14,380,727 100 100 25 100 100 100 50 Per 120 225 82 155 250 250 123 share. 125 235 88 160 265 265 130 DIST. OF COLUMBIA. -Nat. banks Dec. 31; other inste. latest returns. Washington Per share American Nat Bk_ _ 600,000 e249,707 e4,258,634 100 150 1573,i Columbia Nat Bk_ _ 250,000 319,701 3,000,006 100 200 225 Commercial Nat Bk 1,000,000 600,000 12,717,068 100 180 190 Bank of Corn & Say 100,000 42,497 733,069 10 12 District Nat Bk___ 550,000 349,790 6,193,856 100 156 Dupont Nat Bank_ 200,000 40,497 1,336,192 Farm & Mech Nat.. 252,000 383,175 1,452,097 100 220 Federal Nat Bk.._ _ 500,000 290,899 5,150,362 100 180 Franklin Nat Bk__ 225,000 31,109 2,748,202 Home Savings Bk__ 100,000 375,517 9,706,461 100 420 Lincoln Nat Bank.. 300,000 222,639 4,385,868 100 160 Merchants Bank.._ 300,000 83,574 1,022,262 130 Nat Bank of Wash_ 1,050,000 656,727 7,594,931 100 230 Nat Capital Bank.. 200,000 257,030 1,412,477 100 224 Nat Met Bank._ _ _ 800,000 714,720 8,826,024 100 205 Riggs Nat Bank__ 1,000,000 2,226,717 20,409,296 100 462 Second Nat Bank__ 500,000 e250,960 e2,684,188 100 136 143 &cur Say&Com Bk 100,000 62,239 3,051,805 100 180 Amer Secu & Tr Co 3,000,000 2,331,572 12,076,609 100 220 225 Continental Tr Co.. 1,000,000 266,909 3,544,379 100 115 120 Nat Say & Tr Co... 1,000,000 1,571,734 8,913,936 100 2255 Munsey Trust Co.._ 2,000,000 336,504 3,565,042 Union Say Bank..__ 200,000 37,142 1,526,635 Union Trust Co_ _ 2,000,000 530,903 5,375,445 100 123M UnitedStatesSavBk 59,074 1,766,639 100,000 Wash Loan & Tr Co 1,000,000 1,394,312 12,517,801 100 243 250 FLORIDA-Nat. banks Dec. 31; State institutions latest returns. Jacksonville Atlantic Nat Bank.. Barnett N B of Jack Florida Nat Bank_ _ Tampa American Nat Bank Bank of Commerce Exchange Nat Bank First Nat Bank__ 350,000 750,000 500,000 979,080 16,652,931 100 518,781 9,565,738 100 205,227 10,002,943 100 250,000 100,000 250,000 400,000 Per share. e232,197 61,338,069 100 18,707 372,208 335,498 3,632,716 100 /600,000 £4,700,000 100 GEOR 0IA-Nal. banks Dec. 31; State institutions latest returns. AtlantaManta Nat Bank__ !entral Bk & Tr Cor 'ourth Nat Bank__ 'ulton Nat Bk____ A Sav Bk & Tr Co ,merican Say Bank iowry Nat Bank__ 'hird Nat Bank__ Manta Trust Co__ 'rust Co of Georgia 1,000,000 1,000,000 600,000 500,000 200,000 200,000 1,000,000 1,000,000 500,000 1,000,000 1,229,797 21,407,677 403,774 8,077,091 1,264,714 18,031,911 123,476 3,753,426 141,000 1,065,000 38,000 250,000 1,311,997 12,561,920 1,158,499 15,309,072 63,007 376,403 1,301,190 1,255,001 AugustaA,ugusta Savings Bk 63,209 50,000 935,724 1eorgia RR Bank.. 1,000,000 265,000 5,270,000 f&chants' Bank_ 200,000 306,400 1,633,900 itizens & Sou Bk. Branchoffi ce see retu rn of bank latExchange Bk__ 400,000 6298,733 62,337 741 'larders' L & S Bk_ 50,000 250,000 1,250,000 rnion Say Bank__ 100,000 45,390 1,428,981 Columbus'olurnbus Say Bk.. 200,000 150,797 1,370,441 'ourth Nat Bank__ 300,000 £135,000 £650,000 Come Savings Bank 100,000 11,714 583,756 terch & Mech Bk. 125,000 141,927 814,749 rat Bk of Columbus 200,000 224,229 815,9:37 'bird Nat Bank__ 395,311 1,335,332 250,000 Macon11)b Nat Bank__ 200,000 20,639 1,152,210 'mirth Nat Bank _. 533,327 10,172,003 350,000 lacon Nat Bank__ d51,744 d1,704,942 150,000 Savannah:Itizens'&South Bk 1,000,000 1,321,497 18,407,872 :ontrnercial Bank. 100,000 47,087 659,947 :xchange Bank.... 105,017 125,000 982,770 Therty Bk & TrCo 453,677 1,783,003 300,000 Ilbernia Bank of Savannah _ _ _ 200,000 311,492 1,645,526 II, erc'tileBk&TrCo f 100,000 12,517 550,996 Fat Bk of Savannah 603,609 2,990,768 400,000 glethorpe Say &Tr 250,000 225,968 1,427,065 A,mar Bk & Tr Co_ 200,000 18,191 455,236 8avannahBk&TrCo 700,000 800,912 3,986,227 ;Itizeas' Trust Co. 150,000 75,394 494,991 !hattiftrnIlkArTilln Ann (1nn 1.3.227 2.070.033 100 100 100 100 100 100 100 100 100 100 Per 280 148 315 115 165 100 220 212 85 275 Surplus Gross Capital. & Profits. Deposts. Par. Bid. Ask. share 290 152 320 120 175 105 225 216 95 285 Per share. 100 140 100 200 100 175 185 und erSava nnah 100 135 145 10 40 45 100 135 Per share. 50 100 100 100 100 100--- --- NT share 100 100 101 100 250 255 100 120 125 Per share, 100 100 100 .-.-_ ___ ._ 100 ___ 100 ___ __ IOU 100 _-_ ___ ... 100._ ._ _____ 100 tnn Aurora Aurora Nat BankFirst Nat Bank__ Amer. Nat Bk-___ Merchants Nat Bk. Old Second Nat Bk Aurora Tr & Say Bk 100,000 100,000 100,000 100,000 200,000 100,000 280,918 152,599 102,237 196,367 135,709 4,500 $ 2,063,660 2,768,351 1,936,700 1,607,677 1,893,949 176,000 100 100 100 100 100 100 Chicago Per share. Aetna State Bank 31,397 200,000 873,725 100 105 Amer State Bank__ 288,724 2,732,722 100 178 183 400,000 Atlas Exch Nat Bk. e35,324 e483,375 100 200,000 102 Austin State Bank_ 71,219 3,304,793 100 215 200,000 Calumet Nat Bank 109,520 2,299,715 100 205 100,000 Capital StateSayBk 33,370 1,014,669 100 105 110 200,000 Central Mfg Die Bk 114,542 4,354,144 100 200 205 400,000 Cont & Corn Nat Bk_ 21,500,000 15,183,048 297505719 100 274 277 Corn Ruh Nat Bank 3,000,000 8,593,017 102352355 100 445 Depositors St Sr S B 132,247 3,359,132 100 156 162 300,000 Drexel State Bank.. 176,169 4,028,493 100 155 165 350,000 Drovers Nat Bank.. 421,174 18,866,919 100 225 230 750,000 Englewood StateBk 61,841 2,435,108 100 155 160 200,000 First National Bank 10,000,000 14,081,002 206453942 100 454 460 First Nat Englew'd 294,941 4,484,992 100 335 350 150,000 Foreman Bros BgCo 1,500,000 611,692 21,763,636 100 Ft Dearborn N Bk_ 3,000,000 1,253,914 52,991,494 100 208 215 Garfield Pk St S Bk 71,614 2,061,991 100 135 140 200,000 Halsted St State Bk 45,741 945,208 100 119 122 200,000 Hyde Pk State Bk_ 87,217 1,957,208 100 138 145 200,000 Irving Park Nat Bk 36,149 1,469,773 100 150 100,000 Kaspar State Bank 453,529 5,933,962 100 285 550500,000 119,911 1,493,699 100 Krause StateSavBk 200,000 Lake View State Bk 5,279 1,464,255 100 105 108 200,000 101,293 1,768,881 100 235 245 Lawndale State Bk 200,000 Lincoln State Bank 29,767 1,027,774 100 200,000 100 Liss Stk Rs Nat Bk... 1,250,000 849,107 22,605,041 100 230 236 Mad & Ked State Bk 76,982 1,663,703 100 140 150 200,000 Mech & Trad St Bk 85,011 2,053,467 100 120 125 200,000 Nat Bk of Republic.. _ 2,000,000 1,336,890 33,150,770 100 173 185 National City Bank 2,000,000 1,251,934 33,236,918 100 160 164 143,467 4,371,409 100 160 165 Nat Produce Bank. 500,000 North Ave State Bk 63,067 2,872,335 100 100 103 200,000 27,634 1,461,063 100 NToSideStateSav Bk 200,000 100 130,401 2,347,767 100 105 170 Noel State Bank_ __ 300,000 Ogden Ave State Bk 14,017 666,542 100 200,000 People's Stock Y'ds 308,602 8,945,090 100 300 310 State 500,000 37,930 Phillip State Bank 771,826 100 200,000 38,212 PioneerStateSav Bk 860,222 100 200,000 100 23,749 2,498,116 100 150 Reliance State Bank 200,000 58,011 1,560,806 100 120 130 Roseland State S B 200,000 142,099 1,985,089 100 Second Secur'ty Bk 200,000 293,778 4,984,668 100 285 295 Security Bank 400,000 248,700 5,332,973 100 225 235 So Chicago Say Bk_ 300,000 90,000 3,601,013 100 160 175 South Side State.. .. 200,000 State Bk of Chicago 1,500,000 4,135,741 33,696,369 100 404 410 285,311 4,482,409 100 400 Stock Yds Say Bk_ 300,000 116,794 2,590,170 100 120 130 Union Bank of Chic 500,000 40,099 690,914 100 105 110 United State Bank_ 200,000 70,169 3,851,901 100 275 WashingtonPkN Bk 100,000 West Englewood Ashland State Bk 250,000 58,039 1,297,668 100 145 150 West TownState Bk 200,000 65,229 1,664,995 100 119 122 Central Tr Co of Ill 6,000,000 2,307,771 49,880,922 100 164 167 ChicCity Bk&TrCo 500,000 572,199 3,541,495 100 240 250 ChicuoSBkArTrCo 1,000,000 384,747 9,697,979 100 140 144 Cont & Corn T&S B 5,000,000 4,485,722 66,953,966 100 DroversTr& Say Bk 250,000 335,937 4,379,413 100 305 315 First Tr & Say Bk_ 5,000,000 6,326,291 68,046,112 100 Ft Dearb Tr & S Bk 500,000 305,917 5,365,677 100 195 205 Franklin Tr & S Bk 300,000 214,494 2,561,127 100 155 165 Greenebaum Sons' Bank & Trust Co 1,500,000 558,231 11,925,660 100 Guarantee Tr & Say 200,000 710,416 100 145 150 97,567 Harris Tr & Say Bk 2,000,000 3,638,421 26,780,776 100 575 Home Bk & Tr Co_ 300,000 101,347 2,986,701 100 160 165 Illinois Tr & Say Bk 5,000,000 11,533,297 99,364,055 100 425 440 Kenw'd TrAzSav Bk 200,000 234,334 3,085,311 100 275 210,692 3,635,729 100 180 190 Lakeview T & S Bk 400,000 Liberty Tr A S Bk. 250,000 96,469 2,477,480 100 155 160 Lincoln Tr & Say B 40,192 200,000 740,977 100 110 120 Market Tr & Say__ 46,633 1,005,459 100 108 112 200,000 Mercantile Tr&Sav 250,000 95,009 3,515,141 100 160 165 Merchants L&TrCo 3,000,001) 0,857,564 86,377,474 100 500 Michigan Av Tr Co 200,000 75,570 1,901,275 100 104 110 Mid-City Tr & S Bk 203,437 6,372,766 100 225 235 500,000 Northern Tr Co Bk 2,000,000 3,500,474 32,444,267 100 272 280 Northwn Tr & S Bk 500,000 344,697 7,260,919 100 235 240 People's Tr&Say Bk 500,000 387,994 10,136,207 100 270 280 Pullman TrArSayBk 300,000 355,019 3,797,459 100 185 210 Sheridan Tr Say Bk 200,000 72,427 3,395,741 100 150 160 Sou West Tr & Say. 200,001) 35,889 1,887,742 101) 115 120 Stand'd Tr&Say Bk 1,000,001) 619,142 9,411,713 100 165 170 Stockmen's Tr S Bk 200,000 103,914 1,389,966 100 145 155 Union Trust Co.... 1,500,000 1,819,710 35,220,708 100 300 325 W Side Tr A Say Bk 400,000 177,867 6,815,423 100 290 305 Woodl'n Tr & S Bk 200,000 210,290 3,4014471 100 245 255 Elgin Elgin Nat Bank__ First Nat Bank__ Home Nat Bank___ Union Nat Bank_ Elgin City B'k'g Co Home Tr & Say Bk 100,000 200,000 150,000 100,000 100,000 100,000 Peoria Central Nat Bank Commercial Nat Bk Dime Say & Tr Co.. First Nat Bank_ Home Say & State. State Tr & Say Bk Merchants & Ill NB First Tr & Say Bk_ 300,000 380,747 4,136,712 100 750,000 1,205,597 8,817,498 100 241,499 2,169,904 250,000 550,001) 6575,686 65,207,719 100 120,000 209,797 2,595,101 100 991,932 84,393 200,000 358,517 6,459,676 100 500,000 402,437 2,577,861 100 150,000 Per share 628,275 6762,791 6160,607 81,005,675 183,194 1,214,129 £25,000 £100,000 203,490 1,470,759 915,441 107,717 100 100 100 100 100 IDAHO-Nat. banks Nov. 1. • Quincy Boise City '38,032 2,272,229 Illinois State Bank_ 1 300,000 Boise City Nat Bk 250,000 234,177; 3,717,143 100 Quincy Nat Bank 87,149 1,179,914 100 100,000 First Nat of Matto. 300,000 324,0411 3,994,769 100 Ricker Nat Bank. 500,000 6383,937 61,477,947 Pacific Nat Bank _ 300,01)0 89,319 1,729,302 100_ _ _ Mercantile Tr & S B 91,4121 761,940 200,000 Overland Nat Bank 100,000 05,567, 1,495,460 100 _ ._ State Say 1. dr Tr Co 1,000,000 1308,674 7,447,204 •Sale price. a Oct. 17 1918 b Capital to be increaied g Capital paid in; authorized amount is larger. z Ex-divi lend. • These figures date Sept. 20 1918. d 'Aug. 31 1918. s Nov. 11918. n Oct. 14 1913. t May 10 1.018 t D3C. 2) 1913 Ask Noes inal. 450 500 275 300 300 325 300 325 120 125 y Last sale. FEB., 1919.] BANKS AND TRUST COMPANIES 57 Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns 10WA-(Conchided.) 6urplus uroes Capital. 02. Profits. Deposits. Par. Bid. ILLINOIS--(Concl=ded.) Surplus Gross Capital. Ot Profits. Deposits. Par. Bid. Rockford Forest City Nat Bk Manufra Nat Bank Peoples Bk & Tr Co Rockford Nat Bank Swedish Am Nat Bk Third Nat Bank.. _ _ Winnebago Nat Bk 100,000 200,000 125,000 400,000 125,000 250,000 250,000 SpringfieldFarmers Nat Bank First National Bank Illinois Nat Bank_ _ Ridgely Nat Bank_ Elp'gfield Marine Ilk Sangamon L& Tr Co Ask. Per share, y285 y150 y250 y200 y165 y200 y200 200,000 n277,734 n3,030,337 100 250,000 • n114,390 n2,902,919 100 142,094 2,749,122 100 300,000 300,000 n210,671 n3,449,518 100 645,090 3,239,340 100 300,000 77,097 3,156,964 100 300,000 182,940 151,440 256,469 227,870 86,270 279,817 347,230 1,815,635 1,460,599 2,209,679 4,351,323 1,573,071 3,005,774 2,025,661 100 100 100 100 100 100 100 Per share. INDIANA-Nat. banks Dec. 31; State institutions latest returns. Evansville Citizens' Nat Bank National Bank City Mercan tileCoin'l Bk Old State Nat Bank West Side Bank.. _ _ Am Tr & Say Bank Citizens Tr Sc S Bk_ Port Wayne First Sc Ham Nat Bk Lincoln Nat Bank_ Old National Bank_ Citizens' Trust Co_ People's Tr &Say Co Tri-State L Sc Tr Co I n d ia na polis Commercial Nat Bk Continental Nat Ilk Fletcher-Am N Bk_ Indiana Nat Bank_ Live Stock Exch Bk Merchants' Nat 13k National City Bank People's State Bank Aetna Tr Sc Sava Co Farmers Trust Co_ Fidelity Trust Co_ _ Fletcher Say Sc Tr_ Indiana Trust Co_ _ State Say Sc Tr Co.. Security Trust Co_ Union Trust Co_ _ _ Wash Bk & Tr Co_ _ Terre Haute First National Bank McKeon Nat Bank Ferro Haute Nat 13k Terre Haute Trust_ United States Tr Co Per share. 500,000 350,000 200,000 800,000 100,000 200,000 100,000 900,000 300,000 350,000 200,000 200,000 500,000 170,972 433,229 120,000 365,879 146,700 128,110 19,817 6,713,278 5,622,417 2,000,000 6,267,389 2,447,052 1,616,606 802,227 100 100 100 100 100 100 314,527 9,417,891 3212,529 83,596,906 208,741 5,141,177 50,491 2,032,953 142,570 1,979,188 136,000' 6,918,917 100 100 100 100 100 100 Per share. 5,279 1,256,067 100 60 300,000 400,000 69,649 4,247,732 100 90 2,000,000 1,630,074 22,134,647 100 230 2,000,000 1,606,517 20,560,447 100 232 100,000 132,417 2,544,817 100 300 1,000,000 1,174,762 9,542,997 100 225 197,292 4,618,672 100 94 1,000,000 45,000 1,051,191 100 150 100,000 14,742 1,748,963 100 60 250,000 150,201 1,381,728 100 300 100,000 25,000 1,186,383 100 105 100,000 380,098 11,912,304 100 150 1,800,000 806,956 7,515,767 100 200 1,000,000 62,199 1,835,268 100 70 750,000 40,491 1,592,072 100 80 200,000 583,712 4,868,933 100 300 600,000 10,224 1,973,260 100 100,000 No rninal 715,397 3,949,423 100 500,000 389,572 3,655,188 100 500,000 196,579 2,839,093 100 300.000 276,313 5,605,413 100 350,000 161,676 3,921,708 100 500,000 IOWA-Nat. banks Dec. 31; State institutions latest returns. 105 240 245 170 210 80 100 prices 300 180 y185 210 150 Ask. Sioux CityContinental Nat Bk First National Bank Iowa State Say Bk_ Live Stock Nat Bk_ Nat Bank of Comm Northwest Nat Bk_ Security Nat Bank. Woodbury Co S Bk Farmers' L & Tr Co $ 100,000 600,000 100,000 200,000 100,000 100,000 250,000 50,000 250.000 KANSAS -Nat. banks Kansas City Commercial Nat Bk Exchange State Bk People's Nat Bank.. Banking Trust Co_ Kansas Trust Co__ Topeka Bank of Topeka_ _ _ Central Nat Bank_ Farmers' Nat Bank Merchants' Nat Bk Shawnee State Bk State Saw Bank Central Trust Co Prudential Trust Co Dec. 31; State institutions latest returns. Per share. 300,000 550,769 9,143,009 100 350 ----100,000 130,367 2,215,767 100 250 200,000 58,367 2,049,785 100 160 100,000 10,000 180,000 100 100 125,000 127,440 553,955 100 250 310,000 200,000 100,000 100,000 60,000 100,000 200,000 100,000 KENTUCKY-Nat. banks Dec. Coy'n gto n Citizens' Nat Bank 200,000 First National Bank 600,000 Liberty Nat Bank.. 350,000 Covington S B Sc Tr 100,000 People's S Bk Sc Tr_ 100,000 Lexington Fayette Nat Bank 300,000 First Sr City Nat Ilk 800.000 PhoenbutThird N B 800,000 Second Nat Bank__ 150,000 Louisville Amer-Southern N B 800,000 Citizens' Nat Bank 800,000 First National Bank 500,000 Liberty Ins Bank__ 500,000 Security Bank_ 200,000 Kent Tit S B Sc TCo ff250,000t to100,000f Lincoln Say B Sc Tr 250,000 LOUINV Nat Bkg Co 250,000 Nat 13k of Comm.._ 1,000,000 Nat Bk of Kentucky 1,845,000 Stock Yards Bank_ 100,000 Union Nat Bank .. _ _ 500,000 Fidelity & ColumTr 2,000,000 Louisville Trust Co 806,100 United States Tr Co 350,000 New port Amer Nat Bank _ 100,000 Newport Nat Bank 100,000 $ $ 17,687 1,183,380 121,897 10,966,020 1118,770 2,182.288 112,421 5,589,737 28,887 3,030,004 157,717 2,080,972 362,444 6,363,913 124,000 2,075,000 38.569 1.551.033 321,104 153,249 25,901 135,919 39,064 44,552 26,169 92,540 4,036,116 3,891,705 642,472 3,038,713 1,190,092 1,788,938 721,097 588,234 No minal 100 100 100 100 100 100 100 100 100 prices 100 100 100 100 100 100 100 31; State institutions latest returns. Per share. e155,779 e1,372,840 100 165 175 r174,397 r3,596,397 100 130 135 135 d110,000 d1,734,242 100 125 60,667 912,443 100 141 115 679,235 100 38,584 Per share. 302,247 1,819,900 100 225 450,000 2,620,681 100 190 195 143,291 3,077,641 100 155,524 892,496 100 220 225 Per stars. 242,141 13,101,699 100 210 215 875,000 7,943,643 100 425 435 , 230,094 4,192,419 100 a215 225 558,352 8,711,629 50 150 175 241,707 2,076,076 100 200 86,000 1,437,008 1100 U00 100 105 61,349 1,835,949 100 125 130 99,781 3,030,123 100 130 135 711,870 13,964,769 100 325 1,568,917 11,592,171 100 250 260 75,677 1,095,732 100 178 200 n663,074 n11514106 100 360 372 853,990 4,510,061 100 255 270 240,875 1,996,742 100 157 797,796 100 110 120 125,564 Per share. 114,489 1,086,190 100 170 175 123,999 1,629,676 100 200 LOUISIANA-Nat. bunks Dec. 31; State institutions latest returns. Per share. Burlington Per share. Now Orleans 550,0001 3,250,000 100 150,000 Amer Say Bk&TrCo Bank of Orleans_ _ _ 100,000 123,079 2,696,313 100 36,999 1,238,023 100 100,000 Burlington Say Bk_ Canal 13k Sc 'Fr Co_ 2,000,000 930,997 24,022,214 100 216 80,539 966,049 100 100,000 First National Bank Citizens' 13k&Tr Co 400,000 225,107 5,682,163 100 187% 326,976) 3,849,191 100 200,000 Iowa State Say Bk_ City Bank !c Tr Co 200,000 156,920 6,160,137 100 215 100,000 r100,228 r1,507,293 100 Merchants' Nat 13k Commercial Nat Bk 783,001 9,770,005 100 450 300,000 8130,540 81,210,000 100 National State Bk_ 150,000 Commercial Trust No minal prices Cedar Rapids 1,250,000 975,669 20,623,789 100 255 Sc Say Bk 500,000 r350,000 r14,039000 100 Cad Rapids Nat Bk 637,500 7,783,371 100 250 It-State Tr Sc BCo 750,000 149,296 2,774,971 100 200,000 Ced Rapids Say Bk 195 150,104 7,794,967 Marine 131{ Sc Tr Co 400,000 45,534 1,882,331 100 100,000 Iowa State Say Bk.. 236,553 3,623,661 100 150 400,00(3 Metropolitan Bank 300,000 n489,974 n8,481,199 100 Merchants' Nat 13k 874,244 9,652,381 100 198 New Orleans N Bk_ 1,000,000 40,240 1,185,711 100 80,000 People's Saw Bank_ 144,000 1,969,902 100 200 U S S Dp Sc Saw Bk 100.000 125,000 2,300,000 100 200,000 Security Say Bank.. 2,500,000 1,926,341 30,834,379 100 300 314 Whitney-Cent N B 50,000 2,600,000 100 200,000 Amer 'Fr Sc Say ilk _ Hibernia Bk& Tr Co 1,500,000 2,102,017 29,504,891 100 375 400 Council BluffsPer share. Whitney-Cent Tr Sr 70,229 1,379,747 100 120,000 City National Bank 589,574 9,124,336 200,000 Sayings Bank_ _ _ 42,071 758,363 100 100,000 Commercial Nat Ilk Per share. Shreveport 208,327 3,331,011 100 150,000 Conn Bluff Say 13k_ 535,314 100 46,969 100,000 American BlaT Co 211,037 3,651,343 200,000 First National Bank e63,774 e1,316,306 100 150,000 American Nat Bank 108,772 1,598,099 100 50,000 Bank State Savings 617,955 10,199,769 100 500,000 Commercial Nat Bk Davenport Per share. First National Bank 1,000,000 r322,197 r4,151,375 100 995,714 11,720,637 100 405 415 (300,000 Amer Corn Say Bk.. 130,230 1,560,902 100 100,000 First Say B Sc Tr Co 496,701 4,866,771 100 300 310 300,000 Davenport Say Bk_ 65,901 1,575,702 300.000 Contin'l B Sc Tr Co 138,000 2,063,000 100 275 300 100.000 Farm Sc Mech Say _ 200,000 r242,067 r4,215,265 100 250 260 First National Bank MAINE -Nat. banks Dec. 31; State institutions latest returns. • 80,000 35,000 900,000 100 160 165 Home Saw Bank.. _ _ Per share. Bangor 282,197 4,152,419 100 290 300 150,000 Iowa Nat Bank__ _ _ 150 -144,617 4,267,748 100 400,000 First National Bank 44,000 80,000 7.50,000 100 Security Say Bank.. 188 100,000 248,951 1,232,496 100 280 Merchants' Nat Bk 250,000 414,000 5,200,000 100 365 375 Scott Co Say Bank_ 350 175,000 693,499 7,061,142 100 _ Eastern Tr&Bkg Co 231,201 3,78(3,790 100 318 325 200,000 Union Savings Bk_ 514,219 4,102,391 100 300 300,000 Morrill Trust Co..,... 8,000 50,000 734,674 100 125 135 Citizens"Fr Sc 8 Ilk Per share. Portland Des Moines Per share. 600,000 r502,297 r3,024,351 100 Canal Nat Bank__ 256,077 11,703,551 100 Bankers Trust Co.. _ 1,000,000 r50,749 r2,516,536 100 100,000 Chapman Nat Bank 57,722 2,591,364 100 150,000 Cap City State 13k.. 600,000 r533,701 r5,100,883 100 First National Bank 262,414 4,373,713 100 250,000 Central State Bank Portland Nat Bank 300,000 r587,241 r7,181,416 100 27,71A 1,464,480 100 80,000 Commercial Say ilk 524,222 12,445,730 100 Fidelity Trust Co _ 400,000 750,000 216,744 13,425,889 100 Des Moines Nat Bk 365,579 7,624,975 100, Casco-Merc'ntile Tr 500,000 189,871 3,079,274 100 400,000 Des Moines Say Bk 362,069 942,571 100 250,000 Union S D Sc 'Fr Co 5,840 100,000 864,737 100 First Trust Sc S ilk_ 166,127 1,726,178 100 100.000 US Trust Co__ _ _ 57,291 1,791,663 100 50,000 Home Savings Bank 32,274 1,174,200 100 50,000 Iowa Tr Sc Say ilk.. MARYLAND-Nat. banks Dec. 31; State institutions latest returns. 826,597 13,862,141 100 Iowa National Batik 1,200,000 827 50,000 368,746 100 Iowa State Bank_ _ Per share. Baltimore 44,790 1,738,742 100 100,000 Mechanics' Say 13k 300,000 199,099 2,810,247 100 -----American Bank _ 239,967 3,702,093 100 100,000 People's Say Bank 500,000 147,094 3,011,270 100 Balt Coining [lank.. 29,916 50,000 University State Bk 469,982 100 106,334 .5,197,407 50 100,000 Calvert Bank.. _ _ _ 302,679 3,458,74l 1.00 300,000 Valley Nat Bank_ .. 100,000 r40,000 1,600,000 100 Canton Nat Bank.. 172,127 1,553,886 100 50.000 Valley Say Bank_ _ _ Citizens' Nat Bank 1.000,000 2,676,907 23,980,769 10 500,000 500,939 /6,115,417 100 Iowa Loan Sc Tr Co 138,992 3,661,443 50 200,000 Commonw'ith Bank Dubuque share. Drov Sc Mechanics' 100,000 18,000 Citizens' State Bk.. 485,000 100 600,000 r503,969 13,090,706 100 Nat Bank__ _ _ 100,000 9,524 1,024,688 100 Dubuque Nat Bank 274,601 4,557,822 40 650,000 Farm Sc Mar N Bk 75,000 37,027 Dubuque Say Bank 920,730 100 129,720 2,534,736 25 100,000 Mercantile Bank 200,000 201,119 2,511,197 100 First National Bank Merch- Mach 1st Nat 2,500,001) 2,101,642 37,038,996 10 150,000 78,000 1,100,000 100 Pioneer S B Sc Tr Co 516,449 13,283,775 100 Nat Bank of Baltirn 1,210.700 150,000 Union Tr Sc S Bank 207,991 1,960,771 100 Nat Bank of Comm 750,000 r1,031,492 9,790,573 15 Iowa Tr Sc Say Bk.. 300,000 209,564 1,939,063 100 338,507 2,960,599 100 400.000 Nat Cent Bk of Bait 200.000 Second Nat Bank__ 75,279 1,573,735 too 998,370 10,231,940 100 -Nat Exchange Bank 1,500.000 •Sale price. a Includes one-half share of Kent. Tit. S. B. Sc Tr. corn. stock. b Nov. 17 1918. x Es-dividend. c Figures date Dec. 12 1918. n Aug. 31 1918. r Nov. 1 1918. a Oct. 17 1918. 1 Includes debentures. a Last sale. • June 29 1918. 'Common. a May 10 1918. g Preferred. d Dec. 211018. 58 BANKS AND TRUST COMPANIES [VOL. 108. Where Namef are Printed in italics Fuller Returns may be Found in the Advertising Columns MARYLAND-(Continued.) .. .... htASSACI1USETTS-(Continued.) Surplus Gross Capital. & Profits. Deposits. Par. Bid. • A3k. Bait.(Con.)Nat MarineBank__ Nat Un Bk of Md.... Old Town Nat Bk_ Park Bank Seaboard Bank___ Second Nat Bank__ Western Nat Bank.. Baltimore Trust Co Colonial Trust Co.. Continental Tr Co_ Fidelity Trust CoM'dl'd Tr Co Merc,Tr dr Dep.._.._ Equitable Trust Co Safe Dep dr Tr Co.._ Title Gu & Tr Co.._ Union Trust Co___ $ 400,000 1,000,000 250,000 112,070 100,000 500,000 500,000 1,000,000 300,000 1,350,000 1,000,000 1,000,000 1,500,000 1,000,000 600,000 200,000 500,000 FrederickOltizens' Nat Bank Comm'l State Bank ear & Mech Nat Bk Franklin Say Bank_ Fred'k Co Nat Bk_ Fr'k Town Say Inst Central Trust Co__ 100,000 80,000 125,000 90,000 150,000 k150,000 200,000 $ $ 230,679 4,176,132 703,011 6,759,314 n146,009 n2,617,764 28,806 1,447,030 33,409 1,143,070 1,232,191 3,911,057 536,739 5,532,037 2,381,992 11,833,678 87,599 1,464,905 1,634,323 7,018.578 1,567,729 13,527,894 295.274 6,941,404 3,362,117 15,909,799 494,597 10,403,784 2,817,477 8.629,943 243,976 3,500,914 395,900 6,424,138 431,039 31,500 149,912 42,407 61,932 173,244 222,007 5,195,845 1,209,671 2,134.728 792,039 1,124,032 2,273,074 2,084,477 Per 84, 30 100 10 10 10 100 .___ _ _ _ 20 50 25 __ ._ 100 100 101 50 __ 23 100 100 . 50 100 P.rlah ire 1 25 100 15 10.) 100. MASSACHUSETTS -Nat.bks (exc.Boston) Dec.31; S ate inst.latest rat'ris Boston Deposits of banks date Dec. 31 1919 Boylston Nat Bank 700,000 n386,724 6,420,000 100 Commercial Nat Bk 250,000 n311,172 2,668,000 100 First National Bank 7,500,000 18,699,890 159488000 100 Fourth-Atlantic Nat Bank 1,500,000 2,206,370 23,630,000 100 Kerchants' Nat Bk 3,000,000 3,882,941 52,753,000 100 300,000 652,674 36,031,363 100 Nat RockBk of Rox Nat Security Bank.. 250,000 n1,029,376 2,348,000 100 Nat Shawmut Bank 10,000,000 1,023,939 132429000 100 Nat Union Bank 1,000,000 1,553,979 12,495,000 100 People's Nat, Rosh 300,000 359,024 34,329,077 100 Second Nat Bank.._ 2,000,000 4,030,789 36.712,000 100 Web (lc Atlas N Bk_ 1,000,000 1,556,107 12,215,000 100 American Trust Co 1,000,000 2,690,039 25,784,978 100 Beacon Trust Co 600,000 1,326.994 17,556,309 100 Boston S Dep dr Tr 1,000,000 3,266,821 14,891,721 100 Charlestown Tr Co 52,729 1,335,767 100 200,000 Columbia Trust Co 70,632 100,000 977,917 100 CommWith Tr Co_ 1,000,000 932,527 23,592,713 100 Cosmopi'n Tr Co.... 200,000 184,637 5,341,447 100 Dorchester Tr Co.._ 108,370 2,733,714 100 300,000 Equitable Tr Co--- 200,000 90,134 2,289,173 100 Exchange Trust Co 600,000 515,017 5,756,077 100 Federal Trust Co.._ 1,000,000 372,967 9,275,473 100 Fidelity Trust Co.._ 2,000,000 561,880 7,050,904 100 Hanover Trust Co.. 200,000 64,389 1,016,142 100 Hyde Park Tr Co... 200,000 47,644 1,369,903 100 International Tr Co 1,500,000 2,003,719 18,518,133 100 Jamaica Plain Tr _ 200,000 24.502 611,021 100 Liberty Trust Co.._ 200,000 365,870 4,112,065 100 Market Trust Co... 250,000 267,429 2,151,665 100 Massachus'ts Tr Co 500,000 419,407 6,281,132 100 Metropolitan Tr Co 300,000 372,969 5,774,007 100 New Eng Trust Co_ 1,000,000 3,383,260 23.613,551 100 Old Colony Tr Co__ 6,000,000 8,763,884 137 329903 100 Old South Tr Co___ 63,974 1,458,267 100 200,000 Prudential Tr Co 76,209 1,206,802 100 200,000 Puritan Trust Co.... 200,000 206,887 2,051,462 100 67,842 1,430,953 100 South Boston Tr Co 200,00 Btate St Trust Co__ 1,000,000 1,972,867 30,550,988 100 Tremont Trust Co.. 200,000 64,144 1,840,467 100 TI S Trust Co.. ___ 1,000,000 1,170,231 8,512,709 100 Winthrop Tr Co __ 25,461 370,169 100 100,000 Per share. 122 130 160 450 460 `t20 260 300 400 214 200 160 283 210 390 315 400 125 155 165 200 120 225 265 325 425 215 205 170 290 215 400 325 134 130 118 140 135 125 260 105 225 160 270 110 250 170 185 400 255 110 190 265 120 170 125 Per share. 275,497 1,461,506 100 147 39,579 673,044 100 125 Brockton Brockton Nat Bank Home Nat Bank...... Plym'th Co Tr Co.. 300,000 500,000 100,000 366,684 4,124,933 100 393,067 4,016,712 100 82,779 1,715,178 100 E. CambridgeLechmere Nat Bank Per share. 100,000 197,107 473,697 232,497 317,147 2,204,289 3,011,711 2,650,289 4,221,471 100 100 100 100 Per 325 375 210 180 share. 375 425 225 190 Per share. n145,470 n1,668,719 100 215 225 Fall River Fall ICY Nat Bank.. First National Bk_ Massasoit- Pocasset Nat Bank Metacomet Nat Bk Durfee Tr Co 400,000 400,000 Per share. 380,186 4,341,312 100 170 456,099 2,451,122 100 210 650,000 750,000 400,000 516,747 5,313,778 100 162M 415,000 3,461.696 100 122A 569,999 3,340,477 100 210 FitchburgFitchb'g Bk i!rTrCo Safety Fund N Bk_ 500,000 200,000 Per share. 361,574 4,250,760 100 145 150 448,499 4,718,733 100 270 285 Gloucester Cape Ann Nat Bk_ Cape Ann Say Bank Gloucester Nat Bk. Glou S D Tr Co...._ 100,000 200,000 161,790 1,600,214 100 344,700 3,383,174 4145,974 n1,567,193 100 357,671 4,576,867 Haverhill Essex Nat Bank...._ First National Bk_ Haverhill Nat Bk_ _ Merrimack Nat Bk Haverhill Trust Co 100,000 200,000 200,000 240,000 200,000 ,144,667 351,597 454,577 306,799 112,271 150,000 Per share. 1,779,236 3,247,948 3,089,087 1,556,150 1,977,737 100 100 100 100 100 230,391 366,407 112,971 307,793 $ 2,795,633 5,116,195 1,113,461 5,585,151 Per 100 100 185 100 103 100 160 Lawrence Bay State Nat Bk_ Arlington Trust Co L3WralC8 Mat Co Merchants' Tr Co_ 375,000 200,000 100,000 300,000 193,864 16,694 57,822 248,747 2,429,096 1,147,138 5,161,919 6,497,204 100 100 100 100 share 125 190 107 Lowell Appleton Nat Bank Old Lowell Nat Bk_ Union Nat Bank__ Wa,mesit Nat Bank Lowell Trust Co.._ _ Mid'sex S D der Co 300,000 200,000 350,000 250,000 240,000 100,000 n280,000 42,115,700 n72,564 n1,686,197 555,989 4,126,919 n127,220 n695,723 124,134 4,569,901 38,217 1,435,411 100 100 100 100 100 100 Per share 104 100 198 98 . 95 102 100 102 Lynn Central Nat Bank._ 200,000 Manufac'rs Nat Bk • 200,000 200,000 National City Bank Emelt Trust Co...... 250,000 100,000 Lynn S Dep dr T Co Security Trust Co.. 200,000 n401,000 n3,959,979 130,229 3,262,045 3198,576 33,780,362 318,063 2,218,004 291,391 4,054,065 310,310 6,303,003 100 100 100 100 100 100 Per share 230 140 150 170 315 350 210 235 New Bedford First National Bk__ 1,000,000 1,064,827 2,369,779 Mechanics' Nat Bk 600,000 835,197 4,766,154 Merchants' Nat Ilk 1,000,000 1,342,667 4,378,644 N Bed S D dr Tr Co 200,000 347,701 3,756,991 100 100 100 100 Per sha, 200 210 210 200 260 Per share Peabody Warren Nat Bank.. 200,000 Per share 135,207 1,636,442 100 118 --- - SalemMerchants Nat Bk_ Naumkeag Tr Co__ Salem Trust Co ___ 200,000 250,000 200,000 Per share No minal price. n321,940 n2,942,661 50 85 207,107 4,846,246 100 145 38,332 1,376,701 100 75 Springfield Chapin Nat BankChicopee Nat Bank Springfield Nat Bk. Third Nat Bank__ Commercial Tr Co.. Springfield S 0 & T Union Trust Co..-- 500,000 372,427 3,037,109 400,000 492,797 5,928,016 500,000 875,091 7,578,530 818,279 9,991,383 500,000 138,019 2,675,139 350,000 500,000 1,102,571 7,030,937 500,000 1,089,919 11,398,906 Taunton Machinists' Nat Bk Bristol County Tr.. 200,000 300,000 100 100 100 100 100 100 100 140 180 233 238 200 240 240 130 285 300 Per share. Worcester 200,000 Mechanics' Nat Bk 750,000 Ilerchants' Nat Bk_ 300,000 Park Trust Co__ .._ Worcester Bk Tr Co 1,250,000 n163,074 n1,012,944 100 156,662 3,334,426 405,179 8,512,466 745,601 14,629,699 138,797 3,995,374 789,721 23,833,672 MICHIGAN-Nat. banks Dec. 31; 300,000 100,000 100,000 200,000 200,000 200,000 500,000 200,000 100,000 500,000 260 115 130 165 175 Beverly Beverly Nat Bank.. Beverly Trust Co- Cambridge Cambridge Tr Co__ Central Trust Co.... Charles Riv Tr Co Harvard Trust Co.. Holyoke City National Bk_ Holyoke Nat Bank.. Park National BkHadley Falls Tr Co 190 250 110 Surplus Gross Capital. db Profits. Deposits. Par. Bid. I Act. -- Sirlis 100 100 100 100 Per share 225 210 145 200 225 intiiiatiena latest returns. Pot share Bay City Bay City Bank People's Commercial & Say Bank 250,000 306,743 3,208,860 100 400,000 477,769 6,847,766 100 Detroit Amer State Bank-Bank of Detroit. Central Say Bank Comm'w'Ith Say 13k Detroit Say Bank-Dime Says Bank..... First & Old Nat Bk_ First State Bank.. Federal State Bank Merchants' Nat Bk Nat Bk of Com'ce_ Peninsular State Bk People's State Bank.. United Savings Bk.. WayneCoHoSavl3k Detroit Trust Co Security Trust Co.. Union Trust Co.. 500,000 500,000 500,000 500,000 750,000 1,000,000 5,000,000 500,000 250,000 1,000,000 1,000,000 2,500,000 2,500,000 500,000 3,000,000 1,000,000 500,000 1,000,000 204,717 8,177,730 256,292 12,282,732 412,514 12,905,625 118,149 2,737,419 1,265,997 18,729,269 1,400,717 30,569,606 3,858,820 68,132,734 250,091 8,234,098 82,124 3,070,343 622,570 10,068,190 1,150,794 26,039,722 1,195,640 25,989,434 4,476,799 85,020,192 180,392 4,905,371 4,196,888 53,390,608 2,482,717 97,962,267 1,007,497 93,667,788 800,097 95,177,911 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Per share 170 268 300 280 282 193 190 194 130 163 205 226 285 212 300 210 350 350 262 190 Per share Grand Rapids 113,044 1,9(12,398 100 200,000 City Tr & Say Bank 65,447 2,408,871 100 225 300,000 Com'clal Say Bank 278,760 3,868,672 100 200 300,000 Fourth Nat Bank.._ 403,910 7,388,097 100 150 Or Rap Nat C'y Bk 1,000,000 409,176 6,658,947 100 250 400,00 Or Rapids Say Bk_ 727,794 9,120,575 100 240 500,000 Kent State Bank.... 800,01)0 1,015,219 10,308,664 100 200 OldNational Bank_ 109,240 1,841,505 100 300 100,000 People's Say Bank.. 168,291 941(3,128 100 150 300,000 Grand Rapids Tr Co 932,877 91,500,561 100 700 200,000 Michigan Trust Co SaginawBank of Saginaw Commercial Nat Bk Amer State Bank People's Say Bank.. Second Nat Bank_ Per share 500,000 100,000 100,000 100,000 500,000 832,077 11,093,766 106,194 1,056,754 61,555 2,499,968 122,717 1,543,485 v778,499 36,339,291 100 100 100 100 100 •Sale price. a Capital to be increased. b New stock. k This is the so-called "weekly deposits," now forint' g capital on which dividends 1 Last sale. n Nov. 1 1918. sAug. 311918. d May 10 1918. are paid. a Ex-dividend Includes trust (l000slte. h Sept. 12 1916. e Dec. 18 1914. s Dec. 311918. o Oct. 311918. FEB., 1919.1 59 BANKS AND TRUST COMPANIES • Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns MONTANA-Nat. banks Dec. 31; State institutions latest returns. MINNESOTA-Nat. banks Dec. 31; State institutions latest returns. UT088 aurptus Gross Surplus Capital. & Profits. Deposits. Par. Bid. Capital. & Profits. Deposits. Par Bid. Ask. Per share. Duluth0 i $ Amer Each Nat Bk 1,000,000 1,700,497 14,119,699 100 280 369,660 5,829,961 100 185 500,000 City National Bank First National Bank 1,000,000 82,199,321 820600,686 100 300 500,000 8277,147 84,752,373 100 175 Northern Nat Bank Per share. Minneapolis90 241,596 1,598,790 100 85 800,000 Bankers Nat Bank 270 Nat Bk 5,000,000 5,388,504 73,805,972 100 first & Secur 259,579 4,516,373 100 220 200,000 North Amer Bank_ 368,717 7,004,195 100 260 250,000 HennepinCoSav Bk 74,537 1,692,114 100 120 127 300,000 Mercantile State Bk 74,960 1,515,267 100 175 100,000 dr Mfg St Bk March 139,471 2,869,344 100 120 130 500,000 Metrop Nat Bank_ Northwest Nat Bk. 4,000,000 2,921,037 53,661,462 100 a250 260 120,107 3,692,734 100 160 165 300,000 St Anth'y Falls Bk401,794 17,179,199 100 177 180 Midland Nat Bk __ 1,000,000 72,809 1,961,421 100 250 100,000 South Side State Bk 81,699 1,903,725 100 140 100,000 Union State Bank_ 758,971 4,488,401 100 Minn L'n & Tr Co.. 1,000,000 Per share. St. Paul176,860 4,980,961 100 145 160 400,000 American Nat Bank 286,472 8,402,146 100 150 160 500,000 Capital Nat Bank.. First National Bank 3,000,000 2,735,224 48,883,114 100 Merchants' Nat Bk 2,000,000 2,111,331 30,132,398 100 235 240 25,000 610,000 100 100,000 Metropolitan Bank 153,032 2,593,172 100 140 145 400,000 Nat Bank of Comm 114,636 1,594,845 300,000 Nat Exch Bank__ 95,472 2,015,939 100 220 --100,000 Central Bank 350,000 3194,339 86,693,201 100 200 220 Stock Yards Nat Bk 377.551 2.682.336 100 250 250.000 Capital Tr &Say Bk MISSISSIPPI-Nat. banks Dec. 31; State tnatitutions latest returns. Per share. Jackson 200,0001 178,292 2,019,167 100 Capital Nat Bank_ 27,914 662,702 50,0001 CitizensSay Bk& Tr 177,479 1,306,030 100 100,000 First Nat Bank.._ 63,467 1,506,016 200,0001 Jackson-State N Bk 60,327 3,083,393 250,000 Much Bk & Tr Co.. Vicksburg 921,304 100 9,197 150,00 Amer Bank & Tr Co 372,254 100 52,527 100,000 Citizens' Nat Bank 79,557 1,446,472 100 50,000 City Say & Tr Co.._ 188,569 1,955,630 100 300,000 First Nat Bank__ _ 436,071 2,167,807 100 100,000 Merchants' Nat Bk MISSOURI-Nat. banks Dec. 31; State institutions latest returns. Per share. Kansas City 27,112 100,000 822,673 100 145 150 Central Exch. Bank 15,000 554,672 100 140 100,000 City Centre Bank.479,000 9,046,790 100 500 250,00 Com'wealth Nat Bk 166,721 13,227,673 100 225 Drovers' Nat Ban 1,000,00 First Nat Bank.... 1,000,00 2,679,117 39,255,222 100 650 92,171 3,168,708 100 210 200,000 Gate City Nat Bk_ 500,000 1,341,702 14,730,113 100 875 700 It-State Nat Bank 25,447 1,281,939 100 160 100,000 Merchants' Bank135,242 5,849,918 100 167% Fro'500,000 Midwest Nat Bank 539,337 12,678,768 100 186 191 National City Bank 1,500,000 202,884 8,520,090 100 160 Nat Reserve Bank_ 1,000,00 850,000 17,831,169 100 242 251 1,000,000 Now Eng Nat Ba 73,701 1,543,782 100 225 100,000 Produce Exch Ban 124,309 1,191,798 100 184 200 200,000 Security Nat Bank.. Southw Nat Bank o 4,000,000 1,609,430 48,133,491 100 285 287 Commerce 57,202 4,804,770 100 175 200,000 Traders' Nat Bank_ 71,134 1,062,128 100 200 100,000 State Bank 160,079 2,818,268 100 235 200,000 Stock Yds Nat Bk_ 110,000 2,324:163 100 225 8 5 88 250,000 49 Western Exch Ban 76,979 100,000 100 285 Westport Ave Ba. Commerce Tr Co__ 1,000,000 1,090,407 29,615,173 100 325 Co_.. 1,000.000 1,152,444 10,976,797 100 n340 350 Fidelity Trust 17,741 250,000 960,901 100 150 Liberty Trust Co.... 104,378 2,112,768 100 270 275 200,000 Mercantile Tr Co__ 71,821 2,431,792 100 200 250,000 Peoples Trust Co_.. 384,079 2,876,736 100 270 267,500 Pioneer Trust Co__ 99,736 2,655,274 100 250,000 Fidelity Says Tr Co Per scare. St. Joseph 200,000 8149,447 33,458,512 100 Burnes Nat Bank__ 424,876 8,007,036 100 500,000 First Nat Bank.... 200,000 8250,797 87,641,083 100 Amor Nat Bk 250,000 4,500,000 100 250,000 St Jos Stk Yds Bk_ 212,864 8,673,763 100 200,000 Tootle-Lacy N Bk_ 36,322 1,445,312 100 50,000 First Trust Co____ 100,000 55,749 971,648 100 Missouri Val Tr Co Per share. St. Louis 100,000 33,647 1,114,147 100 140 Baden Bank 850,000 16,192,923 100 111 113 Boatmen's Bank__ 2,000,000 200,000 597,640 4,373,311 100 325 Bremen Bank 100,000 147,220 2,212,788 100 230 Cass Avenue Bank_ 343,699 15,573,165 100 128 133 Central Nat Bank_ 1,000,000 100,000 112,307 1,848,216 100 250 Chippewa Bank.... 600,000 804,697 7,629,385 100 Franklin Bank__ 300 53,000 1,707,761 100 220 240 100,000 Grand Ave Bank__ 595,864 6,409,061 100 240 260 500,000 Internat Bank St L 200,000 43,179 2,443,732 100 80 Jefferson Bank__ _ 403,407 12,409,626 100 285 800,000 LafayetteSoSide Bk 200 Liberty Bk of St Lo 1,500,000 1,443,470 13,898,361 100 100,000 24,167,126 967,596 100 100 110 Lowell Bank 126,190 2,474,806 100 175 250,000 Manchester Bank._ 241% Mech-Amer Nat ilk 2,000,000 2,855,335 42,797,641 100 Merch Laclede Nat 1,700,000 1,875,471 14,991,632 100 250 Nat Bank of Com'ce. 10,000,000 3,811,304 59,119,687 100 119 120 37,819 1,518,731 100 150,000 Night & Day Bank_ 200,000 654,376 6,098,670 100 300 320 Northwest'n Bank_ St Louis Union Bk_ 2,500,000 2,791,100 32,088,214 100 106,340 2,085,643 100 300 South'n Corn dc Say 100,000 940,967 11,822,170 100 185 State Nat Bank__ 2,000,000 Third Nat Bank__ 2,000,000 2,285,479 45,239,705 100 218% 198 United States Bank 1,000,000 750,000 7,312,807 100 American Trust Co 1,000,000 198,862 5,503,854 100 185 205 B'way Sav Tr Co__. 119,629 1,552,728 100 100,000 Chouteau Trust Co 612,100 100 125 135 100,000 29,191 City Trust Co 10,147 1,237,108 100 110 120 100,000 Easton-TaylorTrCo 537,097 100 115 125 100,000 37,892 Farm & Met Tr Co_ 200,000 36,520 1,876,389 100 125 150 Jeff-Gravois Tr Co_ 100,000 20,444 1,169,392 100 100 118 Laclede Trust Co... 100,000 53,279 1,036,086 100 115 120 50 Meramee Trust Co_ 5,194 50,000 333,005 100 Mercantile Tr Co... 3,000,000 6,820,000 41,161,821 100 338 345 Miss Vail Tr Co_.... 3.000.000 5,382,149 22,135,175 100 274 275 92,671 1,378,244 100 190 200 100,000 Nor St L Say Tr Co 287% business 100 St L Union Tr Co.._ Does no banking 100,000 15,920 956,955 100 100 110 Savings Trust Co__ 200.000 38,271 1,761,970 100 167% South Side Tr Co... 10,626 50,000 719,099 100 80 85 Vandeventer Tr Co 100,000 33,001 889,739 100 110 120 West St L Trust Co ButteFirst Nat Bank_ Miners SBk &TCo Silver Bow Nat Bk_ Daly Bank & Tr Co HelenaAmer Nat Bank__ Nat Bk of Montana Montana Tr &SaBk Conrad Tr & S Bk rTninn Me As Tr nes $ 8,461,275 1,474,797 11.785,939 7,118,486 100 $ 300,000 200,000 200,000 100,000 S 575,814 57,727 128,479 383,122 200,000 250,000 150,000 200,000 2s(L.000 227,490 142,669 89,527 110,000 4,518,491 3,578,754 1,847,475 2,500,000 420_471 4_1 RR.21 a Ask. Per share. Noon inal. 100 100 100 100 inn NEBRASKA-Nat. banks Dec. 31; State institutions latest returns. Per Lincoln 97,767 2,298,968 100 150,000 Central Nat Bank.. 121,172 4,000,771 100 200 300.000 City Nat Bank____ 425,271 4,842,160 100 500,000 First Nat Bank- _ 49,899 1,587,409 100 100,000 First Say Bank..__-. 250,000 3,208,091 100 200,000 Nat Bk of Com'eeOmaha300,000 8171,867 32,377,550 100 Corn Exch Nat Bk_ 428,517 17,995,405 100 First Nat Bank....... 1,250,000 208,744 9,105.724 100 250 500,000 Live Stock Nat Bk. 691,389 12,571,972 100 Merchants' Nat Bk 1,000,000 176,241 3,446,955 100 200,000 Nebraska Nat Bank Omaha Nat Bank.... 1,000,000 1,169,740 27,596,799 100 250 200,000 3164,799 33,656,413 100 175 Packers Nat Bank_ 750,000 1,024,512 11,726,307 100 250 Stock Yds Nat Bk.. 79,347 3,464,037 100 127 300,000 StateBank 1,100,000 3934,000 316638558 100 US National Bk__- share. 225 -- 200 300 300 NEW HAMPSHIRE-Nat. banks Dec. 31 Per share. Manchester491,747 3,234,128 100 200,000 Amoskeag Nat Bk_ 200,279 1,705,814 100 150,000 First Nat Bank_- _ 265,577 2,523,217 100 150,000 Manchester Nat Bk 74.497 1,181,737 100 150,000 Merchants Nat Bk_ NEW JERSEY-Nat. banks Dec. 31; Mate institutions latest returns. Per share. • Atlantic City50,000 3568,867 33,055,967 100 LtianticCityNatBk 200,000 3118,509 81,082,760 100 loardwalk Nat Bk. 100,000 8123,109 31,685,551 100 )helsea Nat Bank_ 312,779 2,513,422 100,000 lecond Nat Bank__ 100,000 3167,177 31.484,702 100 Jnion Nat Bank537,379 2,950,894 100 150,000 alantieSD&TrC0 416,367 2,481,767 600,000 ;uarantee Trust Co 136,794 1,277,184 200,000 Trust Co %liftable 210,827 1,905,770 100 100,000 darine Trust Co Bayonne164,000 3,715,409 100 200,000 layonne Trust Co 384,411 8,485,724 50 200,000 dechanics'Tr Co_ Bridgeton260,707 2,135,007 100,000 Iridgeton Nat Bk_ 581,747 2,844,004 150,000 )umberland Nat Bk 391,297 31,165,973 150,000 Bk Parm & Mer Nat 187,539 1,207,307 150,000 )umberland Tr Co_ Per share. Camden214,771 5,247,536 100 210 100,000 3amden Nat Bank_ 407,760 5.721,627 100 *226 200,000 Nat Bank__ Pirst 651,897 7,654,547 100 220 500,000 krational State Bk_ 890,700 8,638,740 25 *100 500,000 .1amdenS D dr T Co 172,220 2,899,896 100 *275 100,000 Iroadway Tr Co 330,622 2,840,461 25 *90 100,000 :antral Trust Co 72,097 1,919,208 100 160 170 100,000 vlerchants' Tr Co_ 218,276 3,724,561 100 *285 300 100,000 iecurity Trust Co_ 128,044 2,255,643 100 *225 100,000 Vest Jersey Tr Co_ East Orange 35,707 1,185,789 50,000 cast Orange Bank 316,471 6,451,137 150,000 lay Inv & Tr Co_ __ 240,199 4,986,279 200,000 ilssex County Tr Co Per share. Elizabeth97,864 3,879,133 50 140 50,000 Clizabethport B Co 885,299 6,889,675 50 140 350,000 4ational State Bk_ 44,537 1.318,715 100 100,000 Clizabeth Tr Co_ 388,017 7,035,910 100 340 300,000 Jnion Co Trust Co Per share. Hoboken667,367 9,366,248 25 92 100 220,000 l'irst Nat Bank__ 275,667 8,143,229 100 390 250,000 lecond Nat Bank 65,019835,934 100 150 105 100,000 )olumbia Tr Co__ 161,447 3,081,763 100 250 -- - 100,000 Ioboken Trust Co_ Iudson Trust Co__ 1,000,000 1,281,102 19,826,722 100 400 430 122,994 3,531,208 100 175 200,000 'efferson Trust Co_ 125,114 2,910,736 100 250 .-.. 100,000 iteneck Trust Co _ 759,423 25,332,926 100 375 400 600,000 Crust Co of N J.__ Per share. CityJersey 89,071 2,527.341 100 185 100,000 Naremont Bank__ 400,000 1,309,191 15,453.735 100 320 --Bank 'ire National 782,710 5,682,612 100 390 4110 250,000 Iudson Co Nat Bk 48,391 2,340,479 100 100 120 200,000 derchants' Nat Bk .... 1,000,000 2,538,094 28,582,048 100 400 420 )omm'l Tr N 87,427 2,984,649 100 200 275 100,000 Co J_l'rreeny Bk & Tr 471,967 3,783,381 100 300 320 150,000 aincoin Trust Co__ 84,000 3,924,937 100 200 ___ _ 100,000 dercantile Tr Co_ 4 J T On & Tr Co_ 1,000,000 1,171,312 13,204,483 100 320 360 75 135,000 5,195,463 100 65 300,000 Trust Co___ 'Ilion Long Branch100,000 1.200,000 v1,200,000 100 Ntizens' Nat Bank 689,261 50 40,064 100,000 Jong Branch BkgCo Per share. Morristown1220 247,801 3,309,462 100 200,000 Pirst Nat Bank__ 68,167 3,162,167 50 125 150 200,000 4ational Iron Bk.1 130 776,948 100 39,140 150,000 Lmerican Trust Co 350 468,117 7.203,995 100 600,000 dorristown Tr Co_ Per share. Mt. Holly379,648 3616,131 25 100,000 dt Holly Nat Bank 100,000 3131,197 31,088,668 50 Jnion Nat Bank 868,490 100 67,279 200,000 Parmers' Trust Co_ Per share Newark124,941 6,217,515 100 109 300,000 Lmerican Nat Bank 70.397 2,701,069 100 110 200,000 Ir'd & Market N B 470,844 5,175,619 100 235 350,000 dim' Nat Bank__ 818,174 7,616,362 100 235 500,000 derchants' Nat Bk 4at Newark &Essex 2,000,000 2,098,539 39,998,139 100 305 315 Bkg Co 669,976 5,506,889 100 200 210 500,000 .Tational State Bk_ 328,969 5,660.479 100 340 360 200,000 iorth Ward Nat B 1,500,000 2,411,367 24,504,034 100 335 Bank Jnion Nat 65,977 2,065,292 100 180 100,000 )lty Trust Co 86,471 2,351,319 100 150 100,000 *Minton Trust Co_ rederal Trust Co__ 1,000,000 1,042,532 8,154,995 100 215 Co__ 3,000,000 2,750,132 23,395,903 100 375 Pldellty Trust - ___ 22R.299 5.905.222 100 235 200.000 rnntiniin 1 Tr tIn r Capita to be increased. Amount pill Ia. k ge,./ stock. s * Sale price. c Capital paid In. authorized 4f1201111G is arger. diune 29 1918. e Sept. 17 1918. n[alluding 1.1 1 .11tv Sav. & Tr. stock. I LIM. 3410. r 4.mjr,l 25 1417. s Nov. 1 1918. 1Aug31 1918. v Dec. 27 1918. h Dec. 311916 a Includes Minn L. & Tr. stock. 60 BANKS AND TRUST COMPANIES [VOL. 108. Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns NEW JERSEY-(Concluded.) NEVV YORK -(Continued.) Surplus Gross Capital. & Profits. Deposits. Per Newark (Con.) Newark Trust Co__ Spreeld Av Tr Co.. Washington Tr Co_ West Side Tr Co_ _ _ New Brunswick Nat Bank of N J___ People's Nat Bank_ New Bruns Tr Co__ Passaic Passaic Nat Bank__ Hobart Trust Co__ Passaic T & S D Co People's Bk&Tr Co $ 100,000 100,000 200,000 200,000 $ 20,000 46,747 117,569 400,079 $ 1,483,886 1,983,928 1,982,752 5,881,099 100 100 100 100 250,000 100,000 100,000 572,129 8,423,211 100 164,907 2,385,540 100 109,707 3,098,443 100 200,000 100,000 200,000 200,000 533,274 156,091 352,594 394,214 Paterson First National Bank 500,000 Paterson Nat Bank 300,000 Second Nat Bank__ 250,000 Paterson Say Inst__ 1,000,000 Citizens' Trust Co_ 234,900 Franklin Trust Co_ 150,000 Hamilton Trust Co 500,000 Paterson S D&TrCo 300,000 U S Trust Co 350,000 3,361,866 2,314,195 6,612,793 5,625,725 663,179 5,999,223 1540,000 13,916,106 358,141 6,635,470 711,090 16,326,305 422,777 4,510,264 102,060 1,518,181 453,914 6,580,029 442,737 4,484,471 500,743 8,446,955 100 100 100 100 Bid. Per 100 120 160 280 Per 295 285 Per 275 share. share. Per share. 245 280 290 190 2156350 275 170 100 340 100 330 350 100 375 400 150,000 200,000 300,000 100,000 Trenton Broad St Nat Bank First Nat Bank.... Mechanics' Nat Bk Trenton Bkg Co... Mercer Trust Co Trenton TdcS D Co 250,000 426,932 5,810,132 100 500,000 576,491 5,912,181 100 500,000 1,346,914 13,628,743 50 500,000 776,744 4,641,809 50 100,000 183,047 3,380,111 100 200,000 313,030 5,330,031 100 302,004 108,110 381,964 69,330 share. 300 290 100 100 50 100 100 Plainfield City Nat Bank First Nat Bank.... Plainfield Trust Co State Trust Co 4,011,752 4,165,271 7,139,644 2,288,203 •190 2123i 280 NEW YORK-Nat.bks.(except N.Y.City) Dec. 31; State inst.latest returns. Albany Per share. First Nat Bank_ _ _ _ 600,000 1546,001118,518,102 100 180 185 Mech & Farmers... 250,000 1,062,078 1,656,697 100 550 Nat Commercial Bk 1,000,000 2,142,697123,446,027 100 340 345 N Y State Nat Bk.. 500,000 635,402 23,841,085 100 270 275 Albany Trust Co__ 400,000 277,007 7,868,735 100 170 175 Union Trust Co_ _ _ 250,000 556,994 5,639,164 100 350 Auburn Cayuga Co Nat Bk Nat Bk of Auburn_ Auburn Trust Co.. 200,000 200,000 150,000 Binghamton Citizens Bank City National Bank First Nat Bank_ _ _ _ People's Trust Co.. 100,000 200,000 400,000 800,000 Per share. 301,901 2,159,041 100 88,967 1,886,393 100 224,504 3,405,038 70,271 1,169,176 e293,747 61,769,410 218,142 4,546,400 119,094 3,916,441 100 100 100 100 Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. Per 148 200 160 120 share. 152 212 170 135 Brooklyn-Depo sits of Broo klyn banks are reporte d net and ar e of date Feb. 1 19 19. Surpl us and pro fits are of date Dec. 31 1918 for Nation at and No v. 1 or St ate Banks. Per share. Bank of Coney Isi'd 100,000 68,112 61,934,792 100 140 155 First National Bk.. 500,000 668,900 6,666,000 100 220 250 Greenpoint Nat Bk 200,000 223,200 v2,900,900 100 150 165 Hillside Bank 100,000 47,800 61,091,900 100 110 120 Homestead Bank_ _ 200,000 80 73,579 el.,495,758 100 70 Mechanics' Bank_ _ 1,600,000 865,741 25,336,000 50 65 70 Montauk Bank..... 100,000 56,800 e1,381,200 100 85 95 Nassau Nat Bank.. 1,000,000 1,200,900 10,641,000 100 200 207 National City Bank 300,000 602,700 6,013,000 50 133 138 North Side Bank 200,000 226,649 4,820,000 100 175 200 People's Nat Bank_ 200,000 181,470 v3,464,400 100 130 140 Ridgewood Nat Bk 100,000 123,700 v3,623,200 100 _Brooklyn Trust Co_ 1,500,000 2,227,579 31,623,272 100 ---- -- 515 500 Franklin Trust Co_ 1,000,000 1,170,144 20,894,417 100 220 230 Hamilton Trust Co 500,000 1,030,777 7,646,267 100 260 270 Kings Co Trust Co_ 500,000 2,705,267 21,004,230 100 630 650 Manufact'rs' Tr Co 1,000,00 785,039 28,083,285 100 160 People's Trust Co.. 1,000,000 1,306,469 27,207,492 100 290 Buffalo Per share. Bank of Buffalo.... 1,000,000 1,423,532 21,458,166 100 300 Liberty Bank -_ 500,000 721,570 18,377,175 100 350 Manuf & Trad Nat 2,000,000 1,004,217 90,502,694 100 275 285 Marine Trust Co.._ 6,000,000 4,577,817 54,863,707 100 Market Bank 100,000 81,849 3,476,428 100 215 People's Bank 600,000 859,570 15,461,379 100 250 Un Stock Yds Bk.. 500,000 320,088 7,193,253 100 160 Bankers Trust Co.. 2,000,000 1,018,721 17,450,998 100 Buffalo Trust Co 500,000 500,000 9,385,425 100 230 235 Citiz Com'l Tr Co_ 1,250,000 1,602,332 20,375,748 100 230 235 City Trust Co 500,000 379,701 10,329,177 100 225 Fidelity Trust Co_ 1,000,01)0 1,043,393 16,339,733 100 225 250 Elmira Per share. Merchants' Nat Bk 250,000 130,202 1,472,504 100 Second Nat Bank_ _ 400,000 535,779 5,643,044 100 Chemung Can T Co 600,000 553,971 5,801,370 100 New York City- Deposits of N. Y. City banks are repo rted net and are of date Feb. 1 1919. Surplus an d profits ar e of date De c. 31 1918 for Nation a/ and Nov 1 for State Banks. A divi dead re cord of banks and trust comp anies in N ew York Ci ty an d Broo klyn may be found in our "Ry. and Ind." Sec., page 205 America, Bank of _ _ 1,500,000 6,859,761 29,388,000 100 510 530 Am Exch Nat Bank 5,000,000 5,689,400 100369000 100 220 230 Atlantic Nat Bank_ 1,000,000 900,000 14,330,000 100 170 180 Bank of Cuba 100,000 96,700 61,147,700 100 175 Bank of Europe_ _ _ 150,000 100,679 63,350,022 100 110 130 Bank of U S 1,000,000 234,747 e6,172,769 100 500 Battery Pk Nat Bk 1,500,000 1,463,500 7,223,000 100 205 Bowery Bank 250,000 816,700 5,306,000 100 425 Broadway Cent Bk 100,000 40,700 e1,677,700 100 135 145 Bronx Borough Bk_ 150,000 72,900 e2,319,600 100 125 175 Bronx Nat Bank.._ 200,000 217,100 v2,365,400 100 160 170 • Bryant Park Bank_ 200,000 148,271 e2,319,600 100 145 155 Butch & Drov Nat_ 300,000 98,300 , 000 25 20 27 ChaseNational Bk. 10,000.000 15,000,900 285301000 100 395 402 ' Cent Mercantile Bk 100,000 55,600 61,192,100 150 165 170 N. Y. City (Con.) Chatham & Phenix National Bank _ _ 3,500,000 2,573,000 96,453,000 Chelsea Exch Bank 400,000 135,711 66,281,400 Chemical Nat Bank_ 3,000,000 9,437,300 74,597,000 Citizens' National_ 2,550,000 3,098,000 34,079,000 City Bank, Nat'l__ 25,000,000 51,412,500 614141000 Coal & Iron Nat Bk_ 1,000,000 1,044,100 12,398,000 500,000 1,088,400 10,962,000 Colonial Bank 1,000,000 Columbia Bank_ 651,222 14,369,000 Com'ce, Nat Bk of. 25,000,000 24,607,800 287315000 Commer'l Exch Bk. 200,000 871,069 6,692,000 Commonwealth Bk 400,000 753,860 7,100,000 Continental Bank__ 1,000,000 664,011 5,207,000 Corn Exchange Bk_ 3,500,000 8,548,571 123819000 Cosmopolitan Bank 39,800 *1,465,700 100,000 East River Nat Bk_ 1,000,000 609,300 4,687,000 Fifth Avenue Bank 200,000 2,223,694 18,301,000 Fifth National Bk_ 308,000 6,931,000 250,000 First Nat Bank__ _ _ 10,000,000 30,504,000 160781000 Garfield Nat Bank_ 1,000,000 1,317,500 11,14:1,000 Gotham Nat Bank_ 208,200 v6,403,900 200,000 W R Grace & CoRk 757,066 5,161,000 500,000 Greenwich Bank... 500,000 1,476,800 16,774,000 Hanover Nat Bank.. 3,000,000 17,112,700 131779000 Harriman Nat Bk_ 1,000,000 1,246,900 v27869,900 Import & Trad Nat 1,500,000 7,980,700 25,229,000 International Bank 198,800 5,790,000 500,000 Irving National Bk 4,500,000 5,811,200 116031000 Liberty Nat Bank_ 3,000,000 4,446,900 65,136,000 Lincoln Nat Bank_ 1,000,000 1,992,200 11,210,000 ManhattanCo,Bkof 2,500,000 7,165,677 52,436,000 Mech & Metals National Bank_ _ 6,000,000 11,301,700 147511000 Merchants' Nat Bk 2,000,000 2,731,300 22,324,000 Metropolitan Bank 2,000,000 2,316,767 24,289,000 Mutual Bank 548,009 9,293,000 200,000 Nemeth State Bk. 27,339 e1,008,668 100,000 New Neth'iand Bk_ 196,462 4,850,000 200,000 N Y Co Nat Bank_ 1,000,000 427,300 11,048,000 N Y N 13 A, Bk of_ 2,000,000 5,617,200 34,793,000 Pacific Bank 500,000 1,097,469 14,554,000 Park Bank, Nat_ _ _ 5,000,000 18,698,000 158752000 Produce Ex Bk,N Y 1,000,000 1,200,500 23,905,000 Public Nat Bank.. 1,000,000 1,008,400 v33762,700 Seaboard Nat Bank_ 1,000,000 3,602,800 41,437,000 Second Nat Bank.. 1,000,000 4,050,000 16,289,000 Sherman Nat Bank 183,000 v7,113,700 500,000 State Bank 548,300 38,691,000 2,000,000 Twenty-third W Bk 141,000 e3,918,700 200,000 Union Exch Nat Bk 1,000,000 1,219,800 14,322,000 Wash Il'ts, Bank of 469,507 2,064,000 100,000 Westchester Ave Bk 83,307 e2,305,008 100,000 Yorkville Bank__ _ 200,000 609,100 9,402,000 American Trust Co 1,000,000 200,094 1,291,067 Bankers Trust Co.. 15,000,000 16,283,200 294678400 Central Union •Tr Co 12,500,000 18,202,634 227953733 Columbia Trust Co 5,000,000 6,850,479 88,699,714 Commercial Tr Co_ 123,200 4,873,400 500,000 Empire Trust Co.. 2,000,000 2,000,000 41,000,000 Equitable Trust Co 6,000,000 13,326,394 217624702 Farmers' L & T Co_ 5,000,000 12,021,944 167503001 Fidelity Trust Co 1,000,000 1,268,442 10,963,417 Fulton Trust Co.._ 565,507 8,105,389 500.0001 Guaranty Trust Co 25,000,000 27,428,964 543513362 608,300 5,017,000 Hudson Trust Co 500,000 Irving Trust Co 1,500,000 1,142,017145,824,910 Lawyers' Title & 4,000,000 5,212,665,16,058,424 Trust Co 614,320,19,629,701 Lincoln Trust Co.. 1,000,000 716,90015,189,300 MercantileTr&DCo 1,000,000 Metropolitan Tr Co 2,000,000 4,383,20036,912,800 N Y L Ins & Tr Co 1,000,000 4,406,407 23,701,700 New York Trust Co 3,000,000 10,607,271 61,213,448 Scandinavian Tr Co 1,000,000 1,879,279 27,595,288 Title Guar & Tr Co 5,000,000 11,947,880 29,679,164 440,1001 6,748,700 Transatlantic Tr Co 700,000 700 U S Mtge & Tr Co_ 2,000,000 4,628,700,67,347, 14,304,949,37,870,899 U S Tr Co of N Y. 2,000,000 Jamaica, L. 1 773,200 18,932,000 Bank of Long Isi'd_ 900,000 First Nat Bank44,900 1,853,300 100,000 Queens Co Trust Co 113,700 2,789,700 600,000 Ass. Per share. 100 250 100 110 100 500 100 222 100 465 100 220 100 400 100 160 100 *205 100 390 100 190 75 107 100 *351 100 85 25 20 100 2200 100 215 100 945 100 175 100 200 100 100 335 100 735 101) 250 100 590 100 100 p'75 100 425 100 270 50 E)0 100 345 50 140 100 175 100 375 100 100 200 100 130 100 425 50 150 100 575 100 200 100 h210 100 450 100 400 100 125 100 120 100 115 100 150 100 275 100 160 100 290 100 100 384 100 405 100 307 100 88 100 h285 100 410 100 410 100 225 100 230 100 370 100 135 100 100 100 100 100 100 10) 100 100 100 100 100 100 100 100 07 180 210 345 785 605 205 330 420 890 65 120 227 470 230 170 215 410 205 115 100 25 2500 230 960 185 350 745 560 285 300 200 360 215 140 55 220 470 425 135 125 130 160 175 310 389 410 312 100 295 420 420 260 375 145 105 810 615 315 340 170 430 910 75 Rochester Per Alliance Bank 500,000 692,447 13,772,772 100 210 Central Bank 300,000 325,077 9,343,777 100 20.5 250.000 Citizens Bank _ _ 134,019 1,770,942 100 130 Merchants' Bank 500,000 454,927 8,556,219 100 170 Lincoln Nat Bank_ 1,000,000 1,904,874 19,447,940 100 215 Nat Bank of Comm 750,000 820,407 11,038,033 100 155 500,000 Traders' Nat Bank_ 342,337 8,817,908 100 150 500,001 Fidelity Trust Co.. 400,000 8,992,936 100 176 Genesee Vail Tr Co 400,0011 555,804 7,630,190 100 100 Roch Tr & S D Co_ 500,000 848,597 21,600,724 100 350 Security Trust Co_ 300,000 696,724 14,435,934 100 Union Trust Co... 1,000,000 566,949 12,947,280 100 140 500 500 150 Syracuse City Bank ...... 1,400,000 800,00013,000,000 . Merchants' Nat Bk 300,000 6331,6971e2,040,919 Salt Springs Nat Bk 500,000 306,840 3,348,707 300,000 el96,140, e2,682,213 Third Nat Bank ... First Tr & Dep Co_ 2,500,000 1,700,000 33,000,000 853,777120,731,713 Syracuse Trust Co_ 1,500,000 Per 100 1.)7 200 200 100 y70 100 _ 100 220 100 h230 share. 160 210 180 155 230 240 Per 150,000 e663,170 e12,732760 100 525 300,000 e302,994 e5,280,766 100 170 250,000 e412,967,e3,600,018 WO 215 995,640 100 214 100,000 137,229 8,1,0071 2,649,141) 50 100 300,000' 1436,327 1938,300 '100 295 240,000 200,000 156,680 3,657,892 100 190 58,124 2,014,108 100 93 200,000 share. _. 172 220 216 118 300 195 95 TroyMauufac'ra Nat Bk National City Bank Nat St Bk of Troy_ People's Bank Union Nat Bank_ United Nat Bank_ Security Trust Co_ Troy Trust Co.__ share. 215 215 140 181) 220 160 225 *Sale price. b Paid in. k Capital to be increased. x Ex-dividend. c Oct. 18 1918. Last sale. I Aug. 31 1918. vDec. 311918. a June 29 1918. h New stock. a April 20 1918. p Tr. ctfs. Includes 1-3• Nov. 1 1918. share Irving Trust Co. g Ex-rights. r April 1 1918. d April 241918. n May 101918. t Dollars per share. 61 BANKS AND TRUST COMPANIES FEB., 1019 may be Found in the Advertising Columns Where Names are Printed in Italics Fuller Returns OH10-(Concluded.) NEW YORK-(Concluded.) Capital. Gross Surplus d• Profits. Deposits. Par. Ask. Per share. Utica1,250,000 1,603,728 8,104,889 100 e275 230 /rind Nat Bank. 5 1.00 210 220 874,196 3,236,74 600,000 Oneida Nat Bank... 357,797 3,218,719 100 110 120 Utica City Nat Bk_ 1,000,000 637,509 10,505,744 100 290 300 500,000 Citizens' Trust Co.. _ 382,914 2,426,791 100 250,000 Co.._ Oneida Co Tr 758,941 14,061,470 100 345 355 600,000 Utica Ti & Dep Co_ Per share. Watertown _ 100,000 c117,442 c1,435,047 100 City National Bank 250,000 r358,374 r3,498,725 100 Jefferson Co Nat B 91 100 200,000 n308,339 n2,254,7 Watertown Nat Bk 644,787 7,887,918 100 400,000 Nortlen N Y Ti Co Per share. Westchester Co 80,092 3,996,393 100 200,000 Mt Vernon-lst N.. 4 100 217,769 3,981,94 200,000 Mt Vernon Tr Co New Rochelle n97,094 n3,044,902 100 200,000 Nat City Bank__ 571,978 30,607 50,000 North Ave Bk_ _ _ 91,576 1,384,375 150,000 Huguenot Ti Co_ 113,714 3,686,414 100 200,000 N Rochelle Tr Co n87,447 n565,261 100 100,000 Oesining-lst Nat_ 954,901 100 27,934 100,000 Ossining Nat Bk_ Peekskill100,000 n354,392 n3,910,157 ISO Westch Co Nat _ _ Pleasantvoille-39,847 1,004,993 50,000 Mt Pleasant Bk. 100,000 v194,043 1,317,547 100 Port Chester-lat N 125 77,859 1,676,675 100 105 300,000 Mutual Trust Co 100,000 1,110,000 100 50,000 Rye-Rye Nat Bk.... ----100,000 v145,221 1,374,277 100 13k_ Tarrytown Net White Plains 66,321 1,657,794 100 100,000 Bank.._ _ Citizens 934,130 100 140,174 100,000 Cent Bk West Co 113,880 2,747,032 100 100,000 County Trust Co 1,397,360 100 60,447 100,000 First Nat Bank_ _ 72.212 3,645,932 50 300,000 7onkers-lst Nat_ _ 20,190 1,556,626 101) 200,000 Yonkers Nat Bk_ 140 175,147 2,896,245 100 130 300,000 Co Westches'r Tr State institutions latest returns. NORTH CAROLINA-Nat.bks. Dec. 31; Cleveland (Con.) Clark Ave Say Bk_ Cloy Say & Loan Co Columbia S & L Co First Nat Bank Garfield Say Bk Co Lorain St Say BkCo National City Bank Nat Commercial Bk Pearl St S & T Co_ _ People's Say Bk Co United Bk & Say Co Commerce Union Nat Bank W Clevel'd Bkg Co B'way Say & Tr Co Citizens' S & Ti Co Cleveland Trust Co First Ti & Say Bk_ Guardian Say & Tr Home Say & Trust. L Sh Bkg & Ti Co_ State Bkg & Ti Co_ Super'r S & Tr Co_ _ Union Say & L Co_ Woodi'd Av S & Tr Charlotte 250,000 v268,389 v3,315,299 100 200 175 Charlotte Nat Bk__ 500,4)00 v472,071 v2,098,577 100 Commercial Nat Bk 516,747 1,122,482 100 205 300,000 First Nat Bank......,. 325,049 1,923,935 101) 225 200,000 Mer & Farm N Bk_ 100,000 v131,079 v1,845,560 100 250 Union Nat Bank._ __ 460,394 4,468,419 100 190 525,000 Co American Trust 274,967 2,013,171 100 1513 500,000 Independ'ce Tr Co.. 385,129 100 225 71,499 50,000 Southern L & S Bk_ Durham 120,707 1,556,016 100 100,000 Bank Citizens' Nat 583,522 4,419,969 100,000 Fidelity Bank 150,000 n272,027 n2,411,100 100 First Nat Bank___ _ 650,000 41,700 50,000 Home Say Bank._ 750,000 56,064 100,000 Merchants' Bank_ Greensboro 400,000 v150,914 v3,406,064 100 Amer Each Nat Bk 42,279 2,172,696 100 200,000 Greensboro L & Tr.. v40,694 v1,101,697 100 100,000 Greensboro Nat Bk 356,256 100 53,022 25,000 Textile 13ank Per Raleigh 135 v2,811,485 100 300,000 v103,797 Citizens Nat Bank.. 110 300,000 v152,409 v4,210,235 100 Nat Bank.. Comm'i 2(10 v170,292 v4,238,702 100 100,000 Merchants' Nat Bk 150 908,994 100 45,297 100,000 Bkg&TrCo Raleigh Per share. Wilmington 33,170 2,832,725 100 200,000 Amer 13k & Tr Co_ _ v955,774 v11589795 100 Murchison Nat 13k_ 1,000,000 134,119 1,916,977 25 65,000 People's Say Bank.. 327,374 3,169,982 50 100,000 Wilm Say & Tr Co.. Winston-Salem 22,324 1,037,932 100 100,000 Merchants Nat Bk_ 29,269 1,892,184 100 150.000 People's Nat Bank.. 955,170 16,313,707 100 Wachovia Bk & Ti.. 1,250,000 NORTH DAKOTA-Nat. banks Dec. 31; State institutions latest returns. Per share. -Fargo 11,200 684,003 100,000 Dakota Say Bank_ _ 14,694 443,368 100 -80,000 Fargo National Bic_ 252,071 7,863,791 100 300,000 First Nat Bank.... _ _ 135,341 2,272,678 100 100,000 Merchants Nat Bk_ 34,840 2,203,946 100 100.000 Northern Say Bank 12,362 1,466,307 50,000 Scand-Amer Bk___ -National banks Dec. 31; State institutions latest returns. OHIO Canton Central Say Bank__ Nat Bank__ City Dime Say Bank__ First Nat Bank__ Cincinnati Atlas Nat Bank__ Brighton Bk&Tr Co nun 13k&Tr Co_.... Citizens' Nat Bank City Hall Bank...... Columbia B & S Co Cosmop Ilk & Tree C't 1I'se Say Bank_ East End I3ank___ Pifih- Third Nat Bk. First Nat Bank__ Fourth Nat Bank__ Lincoln Nat Bank_ Home Say Bank Co Market Nat Ilk__ North Side Mink ... Pearl Market Bk___ eeople.4 Ilk & 8v Co Prov Sc Ilk & T Co Second Nat Bank__ BecurSB&SDCo South Ohio Say Bk_ Htk Yds ilk dr Tr Co Union S 13 & Tr Co_ Unity Bkg & Sy Co Western ilk &Tr Co Central Ti Co____ Cleveland Amer Sav Bk Co..Central Nat Bank_ eleyelan•I Nat Bk. 150,000 240,000 200,000 500,000 400,000 200,000 125,000 2,000,004) 100,000 100,000 250,000 100,000 50,000 3,000,000 6,000,000 500,000 500,000 50,000 500,000 75,000 200,000 200,000 1,400,001) 1,000,000 200,000 100,000 100,000 1,000,000 75,000 500,000 1,000,000 59,512 221,597 154,844 718,967 2,259,939 2,866,216 3.647,673 10,133,134 022,649 4,667,200 318.690 5,545,390 61,525 1,343,331 1,980,619 8,552,811 260,693 2,000,114 235,024 1,553,227 154,779 2,583,869 688,243 32,174 241,255 25,924 331,531,239 1,921,53 3,141,067 39,729,727 909,121 11,106,794 843,197 7,134,100 742,971 18,867 617,567 6,237,661 79:3,766 67,099 109,977 2,157,763 99,567 1,657,478 1,143,017 9,986,230 357,124 4,110,900 182,177 2,194,109 153,962 1,960,916 130,000 1,000,000 3,135,367 15,716,186 85,374 1,803,111 600,514 9,720,321 1,302,109 5,029,914 100 100 101) 100 100 100 100 100 100 10 50 100 100 100 100 100 100 100 100 50 100 1(10 10 100 100 100 100 100 100 100 100 165 175 175 190 200 250 Per share. 290 300 585 150 180 i58 300 38 -45 78M 80 100 118 190 205 200 210 260 230 270 100 105 260 90 110 120 120 110 25 23 110 104 250 210 25(5 170 450 175 300 325 210 230 Per share. 225 225 145 Gross Surplus Capital. ,t Profits. Deposits. Par. Bid. Per $ 67,320 1,250,000 100 200,000 1,388,196 100 193,499 250,000 100,000 157,697 2,546,891 50 2,500,0(10 3,141,991 76,559,790 100 3395 406,469 8,860,737 100 350,000 190,799 3,542,693 100 100 200,000 719,997 9,786,108 100 140 2,000,000 1,500,000 1,464,707 8,677,467 100 169 561,322 9,315,392 50 461 600,000 500,000 581,524 6,939,319 200 458,000 11,596,000 100 1,000,000 4,000,000 100,000 300,000 4,000,000 2,500,000 1,250,000 3,000,000 125,000 500,000 250,000 500,000 856,000 350,000 Columbus Capital City Bank_ Nat Bank_ Central Citizens' Ti & Say_ City National Bk... Columbus Say Bk_ Commerc'l N Bank Fifth Ave Say Bk... Hayden-Clin N B_ Huntington Nat Bk Lincoln Say Bk Co_ Market Exch Bank Nat Bk of Com'ce_ New First Nat Bk. Ohio National Bank State S Bk & Tr Co 3,277,224 52,318,963 994,247 11,927 618,371 9,354,661 4,853,884 58,154,888 2,684,520 56,517,799 883,870 19,911,726 3,635,244 41,987,735 82,442 1,901,110 r303,230 17,125,106 152,719 5,031,725 1,315,303 15,144,978 442,461 1,330,322 524,491 9,134,143 100 100 100 330 100 100 202 250 210 145 275 102 480 240 315 175 151 :300 Per share 100,000 200,000 700,000 300,000 50,000 300,000 25,000 700,000 500,000 40,000 100,000 200,000 500,000 400,000 400,000 Dayton 200,000 Amer Nat Bk 200,000 City National Bank 300,000 Nat Bank_ Dayton 100,000 First Say & Bk Co_ 200,000 Merchants' Nat Bk 400,000 Third Nat Bank Winters Nat Bank_ 1,000,000 100,000 City Ti & Sav Bk_ 300,000 Dayton Say & T Co Toledo Corn Say B & Tr Co Dime Say Bank Co First Nat Bank....._ Home Sav Bank__ Mer de CM 8 Bk_ _ _ Nat Bk of Com'ee_ Northern Nat Bk.... Ohio S Bk dr Ti Co Second Nat Bank_ Secur S B & Ti Co_ Spitzer-Ror T & Bk Tol Say Bk & Tr Co Union Says Bank_ YoungstownCity Tr&Sav Bank_ Commer'l Nat Bk. Dollar Say & Ti Co First Nat Bank Mahoning Nat Bk_ Mahoning SAtTr Co 100 50 100 287 100 a470 100 270 100 100 235 'Lek share. y122 696,493 2,185,911 5,329,933 6,248,860 861,155 5,586,383 800,000 6,731,614 6,690,131 779,000 2,295,164 3,682,643 8,183,721 9,820,728 3,109,768 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 131,127 1,262,921 334,329 5,366,642 184,349 2,336,230 68,001 1,968,670 131,024 2,116,237 302,999 3,264,749 616,767 4,601,005 31,374 1,401,760 605,312 11,218,026 100 100 100 100 100 100 100 100 100 43,514 22,843 167,192 263,009 80,094 497,737 52,000 773,179 204,767 12,097 126,723 251,144 571,124 626,237 202,794 96,297 5,212,942 200,000 157,414 5,345,694 225,600 500,000 1,375,292 8,961,307 418,009 4,343,027 250,000 301,397 1,985,297 150,000 478,797 12,122,752 1,000,000 0 807,501 9,427,186 1,000.00 685,842 18,470,025 1,000,000 1,000,000 2,206,037 13,450,856 284,801 4,677,235 250,000 84,434 1,819,221 300,000 547,149 3,193,715 300,000 344,176 1,006,200 250,000 218,012 5,261,668 200,000 529,417 5,181,298 500,000 0 1,287,267 18,120,427 1,501,00 1,500,000 1,829,376 16,715,615 434,889 4,184,929 500,000 92,112 1,578,907 100,000 Per 140 295 150 155 146 175 170 chars 145 300 155 160 149 180 174 210 217 Per share 100 125 ioo-50 100 330 100 300 100 338 iio-148 100 145 180 100 172 170 100 y320 100 100 190 200 100 125 100 260 300 100 240 Per share 100 ----100 100 100 100 31; Stats snszitutiona latest return.. OKLAHOMA-National banks Dec. Guthrie First Nat Bank..... Guthrie Say Bank_ Logan County Bk_ Oklahoma State Bk McAlester Amer Net Bank City Nat Bank_ First Nat B of McA Muskogee Commercial Nat Bk Exchange Nat Bank First Nat Bank _ _ Muskogee Nat Bk_ Oklahoma CityAmer Net Bank__ Farmers' Nat Bk__ First State Bank.... Liberty Nat Bank. Okla.Stk.Yds. N.B. Security Nat Bank_ State National Bk_ 100,000 2.5,000 25,000 50,000 100,000 50,000 100,000 250,000 150,000 250,000 100,000 500,000 100,000 100,000 300,000 250,000 300.000 500,000 c39,091 c1,316,9031 610,7071 12,261 300,000 524,6071 12,947 100 100 100 100 Per share 130 110 100 110 per chars 1 14,007 1,321,367 100 120 v9,019 v595,141. 100 115 v56,767 v1,503,925 100 120 share v90,527 v4,030,0731 100 115 v48,297 v1,955,798 100 110 v181,877 v5,175,226 23 125 v85,199 v1,356,715 100 115 , SAW' 157,694 9,332,2841 100 91,797 2,339,030 100 21,901 1,321,770 48,174 1,682,6471 _ 300,317 2,214,889, 100, 200,292 4,a18,928' 100 439,140 10,016,070* 100 130 115 110 110 125 State institutions Dec. 31. OREGON-National Conks Dec. 31: , Pe share Portland 986,065 15,479 100,000 G W Bates & Co... 131,868 5,179,929 300,000 Can Bk of Com'ce. 28,147 1,843,449 100,000 Citizens Bank 2,500,000 1,205,770 30,441,937 First Nat Bank 501,122 14,967 100,000 Hartm'n & T'mps'n 120,110 4,152,884 200,000 Hibernia Say Bank 9 20,-103,673 Ladd & Tilton Bk.._ 1,000,000 1,800,00 1,510,732 31,279 100,000 Live Stk State Bk_ 270,579 18,819,796 1,000,000 N''western Nat Bk 15,731 1,517,173 100,000 Peninsula Nat Bank 40,629 2,723,768 100,000 State Bank 141,532 2,361,336 50 50,000 1.54)0,000 1,498,517 25,287,207 1.00 Un States Nat Bk 192,627 2,621.714 250.000 1,000,000 1,13:3,409 18.966,918 100 FlpenrItv Sav At Tr 719,271 9,079,091 100 1.500.000 23. d. y Last 3ale. 4 Theo.- figures date Sept. p Amount paid in. s Ex-dividen includes 1.1% Pr. c Juno 29 1918 Sac. Be h New stock. k Capital to be Increased. 1 Oct. 16 1918 0 Sale mice. a Endorse-1 stock u Oct. 31 1914. r Sept. 19 1918 1 1918. v Nov. 1918. • Includes Oneida Co. Ti. Co. a Cit. Un. Corn. ctfs. n Aug. 311018. 62 BANKS AND TRUST COMPANIES [Vol.. 108. ANN, Where Names are Printed in Italics Puller Returns may be Found in the Advertising Columns PENNSYLVANIA-Nat.bks.(exc.Phila.) Dec.31; State inst. latest returns. PENNSYLVANIA-(ContInued.) Surplus Gross Surplus Gross Capital. as Profits. Deposits. Par. Bid. Capital. & Profits. Deposits. Par. Bid. Ask. Allentown Allentown Nat Bk. 1,000,000 Merchants Nat Bk_ 200,000 Ridge Ave Bank_ _ 50,000 Second Nat Bank__ 300,000 Allentown Tr Co.._ 150,000 Citizens Dep&TCo 125,000 Lehigh Valley T Co 125,000 Penn Counties Tr.._ 300,000 737,473 465,227 38,921 675,970 193,924 166,990 693,173 126,886 Per 4,951,572 100 198 4,744,097 100 *370 616,718 50 *95 4,456,783 100 400 967,789 30 75 1,835,722 25 80 2,671,318 50 325 1,205,667 50 60 *62% Altoona First Nat Bank__ Second Nat Bank._ _ Union Bank Altoona Trust Co.... Central Trust Co__ Mountain C'y T Co 448,720 259,097 64,640 360,497 195,207 116,727 2,294,709 2,092,179 732,742 1,955,433 1,270,903 1.092,725 Per 325 200 150 200 200 45 share. 350 210 160 210 210 47 150,000 100,000 125,000 250,000 243,000 162,962 100 100 100 100 100 30 Brie First National Bk__ Marine Nat Bank__ People's Bank Second Nat Bank__ Erie Trust Co &cur Say & Tr Co.. 300,000 300,000 200,000 300,000 300,000 200,000 n824,549 n8,319,797 n445,721 n4,514,015 177,517 3,103,718 608,592 7,125,422 489,776 5,970,014 376,000 4,008,000 50,000 100,000 e 300,000 100,000 o 125,00C 125,000 250,000 300,000 400,000 125,000 250,000 63.500 906,000 608,260 a2,102,199 533,701 1,960,230 311,392 v1,131,307 367,340 1,900,000 08,321 654,238 689,572 2,773,437 363,417 3,893,962 611,794 2,699,941 46,424 1,017,244 117,909 1,396,440 50 100 25 100 26 50 100 100 100 25 100 100 410. 80 85 100 100 100 100 100 100 Harrisburg East End Bank First National Bk... Harrisburg Nat Bk Merchants' Nat Bk Central Trust Co.._ Commercial Tr Co. Commonwealth Tr.. Dauphin Dep Tr Co Harrisburg Tr Co.... Security Trust Co.. Union Trust Co...... share. 200 Lancaster Conestoga Nat Bk_ First Nat Bank....._ Fulton Nat Bank_ _ Lancaster Co N Bk Northern Nat Bk... People's Nat Bank.. Farmers' Tr Guaranty Tr Co___ Lancaster Trust Co Northern Tr dr S Co People's Trust Co__ Union Trust 200,000 516,270 1,834,329 210,000 223,671 458,326 200,000 218,030 2,142,658 300,000 477,797 973,861 125,000 106,967 559,138 200,000 229,909 1,402,923 225,000 821,214 3,770,393 294,000 73,774 693,711 250,000 1,131,767 6,621,556 125,000 181,707 1,621,088 125,000 522,140 2,968,232 !.50,000 150,677 1,872,833 Per share. 100 100 100 60 100 100 50 100 100 50 50 50 Philadelphia - Deposita of banks dale Feb. 1 19 19 American Bank..... 200,000 118,737 c2,272,791 50 Bank of Commerce.. 300,000 185,890 c2,741,486 100 Bank of No Amer.._ 1,000,000 2,190,217 22,114,000 100 Broad Street Bank.. 125,000 29,272 c829,795 50 Centennial Nat Bk_ 300,000 706,647 Central Nat Bank.. 1,000,000 4,167,199 4,537,000 100 Corn Exch Nat Bank 2,000,000 2,864;569 20,736,009 100 41,925,000 100 Drovers & Mer Bk_ 200,000 49,909 c1,009,900 60 Eighth Nat Bank__ 275,000 1,184,986 First National Bank 1,500,000 1,923,932 5,381,000 100 Fourth St Nat Bank_ 3,000,000 7,477,247 36,687,000 100 Franklin Nat Bank_ 1,000,000 4,319,900 62,778,000 100 Girard Nat Bank_ _ _ 2,000,000 5,779,299 58,973,000 100 65,620,000 100 Kensington Nat Bk 250,000 424,803 3,423,000 50 Manayunk Nat Bk 200,000 579,067 Market St Nat Bk...... 1,000,000 1,663,994 e4,464,998 100 12,770,000 100 Middle City Bank.. 300,000 98,900 c2,340,901 50 Nat Bk of Germ't'n 200,000 637,274 c5,853,979 50 Nat Security Bk...._ 250,000 1,300,961 7,775,000 100 Ninth National Bk_ 400,000 1,078,411 7,601,000 100 North Penn Bank.... 150,000 123,141 c1,563,921 100 Northern Nat Bank 200,000 240,471 4,936,000 100 Northwestern N B.. 200,000 894,237 5,279,000 100 Oxford Bank 100,000 13,521 Penn National Bk_ 1,000,000 2,227,279 c914,673 50 Philadelphia Nat Bk 3,000,000 7,602,004 9,764,000 100 101206000 100 Quaker City Nat B 500,000 531,687 2,954,000 100 Second Nat Bank.._ 280,000 732,822 c5,495,881 100 Sixth Nat Bank... 150,000 322,067 3,260,000 100 Southwark Nat Bk. 250,000 270,876 5,935,000 100 S'western Nat Bk_.. 200,000 162,194 1,105,000 100 Tenth Nat Bank_ 200,000 144,749 2,028,000 100 Textile Nat Bank.... 200,000 169,247 2,384,000 100 Third Nat Bank.._.. 600,000 925,700 7,683,000 100 Tradesmen. Nat Bk.. 500,000 1,233,849 10,472,000 100 UnionNat Bank___ 500,000 590,889 13,003,000 100 West Phila Bank__ 100,000 31,647 c1,086,548 50 Aldine Trust Co...... 200,000 200,294 1,142,415 100 BelmontTrust Co_ 125,000 75,112 1,142,416 50 Cent Tr dr Say Co.._ 750,000 571,184 8,160,466 50 Cheiten Trust Co.... 200,000 148,697 2,717,182 100 Colonial Trust Co.. 300,000 348,537 3,384,873 50 Columbia Ay Tr Co 400,000 563,197 3,353,696 100 Commercial Tr Co 1,000,000 2,124,717 Com'lth T Ins & T.. 1,000,000 1,400,060 13,867,739 100 6,588,926 Cont-Eq T & T Co.. 1,000,000 1,260,524 8,713,697 100 50 Empire Tit de T Co.. 156,575 49,841 768,676 25 Excelsior Tr & S Fd 300,000 104,767 2,279,368 80 Federal Trust Co__ 125,500 106,317 2,716,800 Fidelity Trust Co__ 5,000,000 7,259,247 24,802,43 100 0 100 Finance Co,1st pref a1,470,000 f 100 2d pref a1,530,000 )2,285,837 1,369,486 1100 Frankford Tr Co__ 250,000 504,991 4,675,456 50 Franklin Trust Co.. 600,000 392,667 8,114,761 Germantown Tr Co 1,000,000 1,101,247 8,382,725 100 100 Gir'd Av T & T Co.. 200,000 175,347 1,594,016 50 Girard Trust Co........ 2,500,000 8,865,412 39,765,727 100 Per share. 115 1585 62% 390 100 178 425 320 132 130 Phila.-(Con.) $ $ Guar Tr & S D Co_ 1,000,000 519,874 7,574,744 100 Haddingt'n TacTCo 125,000 66,677 2,135,886 100 Hamilton Trust Co 200,000 241,979 2,449,297 100 Holmesburg Tr Co.. 125,000 100,917 814,236 50 Indus'l Tr T dg Say.. 500,000 1,266,900 5,848,508 50 Integrity Title Ins Tr dr S D Co.. 500,000 1,657,172 6,532,391 60 Kensington Tr Co_ 200,000 228,090 5,782,328 60 Land Title & Tr Co 2,000,000 5,509,974 13,766,676 100 Liberty T & T Co.. 500,000 524,099 2,931,199 60 Logan Trust Co..__ 1,000,000 428,067 8,438,006 100 Market St T & TCo 224,810 259,429 4,402,394 35 Manayunk Tr Co250,000 265,867 2,041,768 25 March Un Tr Co1,000,000 171,676 2,076,749 100 Mortgage Trust Co 125,000 18,802 25 9,762 Mutual Trust Co__ 438,038 84,791 1,472,869 50 Northern Cent Tr_ 148,630 265,888 50 Northern Trust Co_ 500,000 2,249,167 8,613,210 100 No Phila Trust Co_ 250,000 509,547 3,905,944 50 No Western Tr Co_ 160,000 574,362 5,288,161 50 Parkway Trust Co 125,000 334,527 100 20,000 Pelham Trust Co 150,000 110,192 1,108,233 IOU Penn Co for Insur on Lives & Or An 2,000,000 5,318,171 28,105,673 100 Penn W'h'g&SD Co 1,000,000 781,062 60 76,870 People's Trust Co 634,450 115,071 2,710,189 50 Philadelphia Tr Co 1,000,000 5,218,609 17,778,489 100 Provident Life & Tr 2,000,000 6,101,032 10,521,925 100 Real EstTrCo, com 1,319,600} 629,604 6,711,776 1100 do do pref 2,273,800 1100 Real Est T I dr Tr 1,000.000 2,121,190 4,846,082 100 Republic Trust Co_ 400,000 249,303 2,554,495 50 Rittenhouse Tr Co 250,000 79,577 1,578,749 50 Tacony Trust Co.. 150,000 195,997 2,164,281 100 Tioga Trust Co.. 125,000 49,219 1,200,162 50 United Sec L I & T 1,000,000 1,068,261 1,582,329 100 Wayne June Tr Co.. 160,000 960,726 100 63,701 West End Tr Co 2,000,000 1,968,977 7,711,287 100 West Phila T&TCo 500,000 693,864 4,705,524 50 Ask Per slew , 119 121 160 62% 176 22031 6031 489% 10 157 131 64g 90 35 £500 11200 11286 132%, 700 10u 35%. 710 431 60%. 96 32531 62% 55 240 84 100 100 160 147 Pittsburgh Nom% price Allegheny Val Bk... 50,000 60,000 1,545,161 50 All Nations Dep Bk 75,000 71,884 1,389,605 ...... Anchor Say Bank.... 100,000 413,267 3,185,656 50 Arsenal Bank 100,000 223,771 1,121,699 50 Bk of Pittsb N A... 2,400,000 4,023,504 48,851,706 50 Bk of Secured Says.. 125,000 153,000 1,750,000 50 Citizens Say Bank_ 150,000 626,942 8,205,609 City Deposit Bank_ 200,000 929,597 7,811,939 50 Columbia Nat Bk__ 600,000 1,069,741 12,114,209 100 Diamond Nat Bk__ 600,000 1,618,604 12,452,595 100 Dollar Say Bank__ 1,312,379 127,726 36,079,969 Duquesne Nat Bk_ 600,000 551,030 8,819,669 Lin Exchange Nat Bk_ 750,000 858,440 7,769,992 50 Farmers' Dep N B. 6,000,000 2,002,711 52,318,909 100 Per share. Farmers' Dep S Bk 100,000 697,819 6,172,690 100 154% Fifth Avenue Bk_ 100,000 114,674 1,574,944 50 125 First N Bk of Birm 100,000 111,937 1,453,060 100 2513( First National Bk 4,000,000 1,360,446 24,235,719 100 160 Fourteenth St Bank 200,000 251,967 4,173,037 _ 275 Freehold Bank..___ 200,000 1,036,444 456,798 10u 415 German S Jr D Bk 200,000 235,434 3,965,998 50 345 Citizens Say Bk_ 150,000 647,417 8,224,740 100 Homew'd Poop Bk 50,000 48,142 1,677,936 50 429 Iron&GlassDol Say 172,700 345,483 2,619,494 100 215 Keystone Nat Bank 500,000 642,279 7,307,027 100 310 Liberty Nat Bank 200,000 n134,022 n1,298,777 100 490 Liberty Say Bank... 100,000 74,910 1,378,874 100 344 Manufac'rs Bank. 100,000 229,670 1,090,127 50 105 Marine Nat Bank_ 300,000 n137,037 n1,903,012 100 330 Mellon Nat Bank.. 6,000,000 4,441,417 103916397 100 180 Metropolitan N Bk 200,000 90,474 1,741,283 100 152°% Monongahela N Bk 1,000,000 1,800,794 9,753,413 100 14031 Nat Bank of Amer 200,000 n392,990 n5,030,700 100 442 Ohio Valley Bank.. 100,000 68,100 1,026,670 100 340% Park Bank 50,000 95,490 2,235,930 50 130 Pennsylvania N Bk 200,000 n219,697 n1,390,443 100 200 Penn Say Bank 100,000 68,427 1,124,096 50 40131 People's Nat Bank.. 1,000,000 2,270,764 27,104,188 100 People'sSay& Tr Co 3,000,000 6,373,091 10,917,286 100 1 270% Second Nat Bank.. 300,000 n958,707 n4,605,161 100 1 350 Third National Bk_ 500,000 278,241 3,284,11$ 100 1 130 Union Nat Bank 2,000,000 4,687,007 30,883,110 100 1 31731 Union Savings Bk_ 1,000,000 1,124,371 17,590,566 100 1 202 Western Nat Bank 1,000,000 476,523 8,630,734 100 1 1553i Western S & D Bk_ 250,000 402,117 2,573,673 100 1 115 Allegheny Trust Co 700,000 542,671 3,526,921 100 1 120 Colonial Trust Co.. 2,600,000 3,580,497 13,875,552 50 1 11531 Com'wealth Tr Co.. 1,500,000 1,461,774 8,584,714 100 250 1 Continental Tr Co.. 450,000 236,027 1,130,752 100 1 250 Dollar Say dc Tr Co 1,000,000 1,177,437 5,554,872 100 East End S & Tr Co 1 210 250,000 164,967 2,261,371 100 145 Fidel Tit & Tr Co.. 2,000,000 4,316,179 13,395,395 100 1 160 Franklin Say & Tr.. 175,000 108,291 1,063,893 25. 135 HazIew'd S dr T Co.. 165,400 136,417 1,855,916 100 70 Hill Top S dr T Co.. 150,000 102,576 1,775,432 50 1149 Manchester Sayings I 105 Bank dc Trust Co 250,000 117,035 2,220,502 50 1 20131 March Say & Tr Co 125,000 22,767 938,850 50 5400 Metropolitan Tr Co 43,044 986,126 100 125,000 £23031 Oakl'd Say dr Tr Co 200,000 260,000 3,302,046 100 184 People's Trust Co.. 250,000 169,676 1,907,705 100 515 Pittsburgh Tr Co.. 2,000,000 1,991,592 14,314,032 100 160 Potter Tit & Tr Co_ 500,000 133,434 2,570,724 100 1 125 Provident Trust Co 100,027 790,943 100 150,000 1 500 Real Est 8 & Tr Co 69,047 2,462,626 100 400,000 1 100 Real Estate Tr Co.. 2,000,000 1,782,114 3,726,844 100 1 105 South Hills Tr Co_ 84,504 1,120,172 100 125,000 177 South Side Tr Co_ 221,211 2,177,208 100 300,000 I 1643 Terminal Trust Co.. 29,021 125,000 463,749 1 21731 Union Trust Co 1,500,000 35,598,754 71,510,667 100 I 76 Washington Tr Co_ 350,000 403,737 6,695,985 100 1 800 West End 8 B & Tr 358,914 2,690,914 50 125,000 William Penn Tr Co 125,000 24,976 862,079 Workingman's Say Bank & Trust Co 100,000 1,264,701 7,516,684 50 ----- Per 370 215 220 122 150 185 253 100 600 140 295 110 share. 372 216 225 124 154 187 255 101 605 145 300 112 *Bale price. a Capital pa din; authorize amount is larger. b Capital to be increased. d Juno 29 1918. Meet sale. •Jan. 18 1918. 8 May 1A1 L918. d t Aug 31 1918. c Dec. 311918. h New stock. n Nov. 1 1918. v Oct. 10 1918. z Et-dividend. BANKS AND TRUST COMPANIES FEB., 1919.] 63 Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns • TENNESSEE-Nat. banks Dee. 31: State institutions latest returns. PENNSYLVANIA-(Concluded.) Surplus Gross dk Profits. Deposits. Par. -$ $ 400,020 869,644 4,222,406 30 282,964 2.296,961 100 250,000 276,874 1,197,557 100 100,000 922,769 1,863,379 25 200,000 82,300 497,326 50 100,000 327,476 2,639,816 100 100,000 506,407 3,603,690 100 200,000 767,414 60 249,877 100,000 789,401 1,443,136 100 300,000 203,309 2,758,263 10 250,000 153,072 1,213,802 10 2.50,000 80,276 1,299,512 100 125,000 250,000 1,204,494 6.535,001 100 725,547 1,361,670 100 500,000 Capital. Read i ngFarmers' Nat Bank First National Bank Keystone Nat Bank National Union Bk Neversink Bank ___ Penn Nat Bank___ Reading Nat Bank. Schuylkill Vail Bk_ Second Nat Bank__ Berko Co Trust Co.. Colonial Trust Co.._ Commercial Tr Co_ Pennsylvania Tr Co Reading Trust Co_ Scranton30,000 380,000 50 300,000 Amer Bk of Comm County Say Bank__ 403,979 4,942,677 100 400,000 58,620 Electric City Bank_ 706,429 50 80,000 First National Bank 1,500,000 1,731,377 20,398,461 100 Green Ridge Bank_ 24,878 278,223 50 50,000 Keystone Bank____ 68,277 50,000 809,897 50 North Scranton Bk 103,172 1,338,749 50 60,000 75,000 Providence Bank.._ 65,991 727,018 50 700,000 Peoples S Sc D Bk__ 563,234 9,011,466 100 South Side Bank.. _ 60,060 115,290 1,300,000 50 Third Nat Bank_ _ _ 400,000 1,174,409 6,058,725 100 Traders' Nat Bank_ 500,000 679,507 5,657,712 100 Union Nat Barak__ _ 214,227 2,097,424 100 500,000 West Side Bank..__ 60,000 153,174 1,663,125 50 250,00( Anthracite Tr Co.._ 136,462 2,136,707 60 Lincoln Trust Co.._ 200,000 73,000 1,196,106 100 Wilkes-Barre---Dime Deposit Bank First National Bank Luzerne Co Nat Ilk Miners' 13k of W B_ Second Nat Bank_ _ Slavonic Deposit Ilk , W B Dep & Sao. BK Wyoming Nat Bank Wyoming Val Tr Co WilliamsportFirst National Bank Lycoining Nat Bk_ West Branch N BK_ Williamsport N 13k Northern CentralTr Co Suso Tr & S Dep Co York Central Nat Bank_ City Bank Drov Sc Much N Bk First National Bank Western Nat Bank. York Co Nat Bank_ York Nat'l Bank.... Guardian Trust Co Secur Title & Tr Co York Trust Co...... 168,974 1,698,735 50 200,000 566,022 3,967,974 100 375,000 400,000 n201,327 n2,265,694 100 750,000 2,439,944 7,783,524 50 500,000 1.246,076 7,789,422 100 93,471 1,679,713 100,000 150,000 492,492 3,594,75:3 50 150,000 n832,667 n3,289,076 50 350,000 740,000 3,841,076 300,000 8519,272 82,433,277 100 100,000 8201,994 8553,392 100 400,000 11,516,921 £4,850,418 100 £136,797 £650,595 100 100,000 Gross Surplus Capital. dc Profits. Deposits. Par. Bid. ------Per Per share. Chattanooga98 105 750,000 ChattanoogaSay 13k 323,297 4,954,697 100 155 165 750,000 First National Bank 743,174 14,858,725 100 280 285 Hamilton Nat Bank 1,000,000 614,822 16,006,294 100 120 125 250,000 186,794 2,737,096 100 Hamilton Tr Sc S B.. 75 70 315 340 Per 350 375 Knoxville 140 150 100,000 American Nat Bank v25,000 v500,000 100 305 310 National Bank 500,000 n254,101 n5,865,997 100 City 17 18 400,000 n684,490 n5,416,900 100 East Tenn Nat Bk_ 13 15 500,000 n135,397 n2,114,678 100 Holston Nat Bank. 105 250,000 100 9,500 115 100,000 Knox Co Bank Sc Tr 600 625 71,387 1,310,661 100 300,000 Mech Bk Sc Tr Co__ 220 230 300,000 8154,067 81,318,939 100 Third Nat Bank__ 200,000 v75,000 v2,550,000 100 Union Nat Bank...... Per share. 55 50 Per 200 205 Memphis 80 75 Bank of Com&T Co 1,500,000 1,604,417 20,022,906 100 290 600,000 360 380 331,447 5,967,719 100 150 Cent State Nat Bk.. 500,000 750,417 5,621,092 100 255 66 62 First National Bank 65,517 1,504,230 100 375 50,000 106 110 Amer S B Sc Tr____ 200 100,000 190 152,717 2,735,229 25 Man Say Bk Sc Tr__ 200,000 87% 92% National City Bank 23,444 2,808,915 100 125 298 305 116,977 2,677,991 100 225 150,000 No Memphis S Bk_ 682,774 100 140 170 160 25,802 50,000 People's S Bk & 15,000 1,050,000 100 80 440 450 300,000 Security Bk Sc TrCo 875,670 100 255 65,229 245 255 50,000 State Savings Bank 119 115 Union Sc Planters' 598,274 19,093,164 100 190 210 215 Bank Sc Trust Co 1,800,000 83 84 Union Say Bank Sc 54,221 1,211,774 100 360 122 126 50,000 Trust Co 180,967 4,397,972 100 260 350,000 Comm Tr Sc Say Bk Per share. Per 100 98 Nashville 260 270 430,104 10,662,621 100 160 American Nat Bank 1,000,000 138 135 209,017 3,174,444 100 210 200,000 Broadway Nat Bk_ 900,000 100 120 190 195 30,000 100,000 Central Bk Sc Tr Co 69,544 4,922,499 100 145 350 360 300,000 Cumberland Val N B 138,017 3,795,990 100 220,000 First S Bk Sc Tr Jo_ 195 200 Fourth& First Nat B 1,100,000 1,128,609 21,853,710 100 g250 275 300 Tennessee Hermi170 165 91,872 1,537,226 100 100 300,000 tage Nat Bank 379,207 2,434,968 100 210 350,000 Nashville Trust Co 25,527 1,173,127 100 140 Per share. State Bk Sc Tr Co.._ 100,000 - _ Bid. Ask. Ask. share. share. share 295 155 265 400 250 150 85 275 200 375 265 Aare. 170 220 125 155 255 110 220 150 TEXAS-National banks Dec. 31; State institutions latest returns. Per share Austin 300,000 787,521 5,538,940 100 American Nat Bank 500,000 202,772 2,281,197 100 330,000 Austin Nat Bank__ 653,394 4,424,996 100 406,897 2,010,997 50 400,000 100,000 50,214 1,049,002 100 Per share. State National Bk_ Per share. Beaumont 200,000 857,144 8585,530 100 100,000 American Nat Bank 387,829 3,253,210 100 250,000 226,497 2,186,836 50 -----200,000 First National Bank 456,537 2,654,362 100 100,000 8123,539 8934,418 100 150,000 Gulf National Bank 193,719 3,318,763 100 500,000 8120,939 82,567,549 100 250,000 Texas Bank Sc TrCo 141,345 2,050,379 100 225,000 880,449 31,446,347 100 Per sham Dallas300,000 8545,172 s1,783,996 20 Am Exch Nat Bank 1,500,000 1,827,327 19,218,270 100 350 355 500,000 8337,490 82,130,880 25 300,000 Central State Bank 36,170 1,592,776 100 124 126 300,000 100,348 1,249,589 25 City National Bank 1,000,000 1,701,724 17,337,000 100 350 355 64,410 1,163,787 50 250,000 400,000 First State Bank..... 119,492 3,338,364 190 158 162 101,101 1,715,741 50 300,000 1.50,000 n219,767 n2,393,491 100 233 Nat Bk of Comm'ce RHODE ISLAND-Nat. banks Dec. 31; State institut.:ons latest returns. Security Nat Bank_ 1,500,000 171 505,107 13,427,739 100 169 207,917 2,694,176 100 124 126 Dallas Tr Sc Say Bk 1,000,000 500,000 New port106,812 2,013,364 100 150 165 Per share. Tenison Nat. Bank El Paso Aquidneck Nat lik_ 200,000 e132,104 e2,531,165 59 511,481 200,000 Border Nat Bank_ 15,967 n93,694 n833,509 50 Nat Exchange Bank 100,000 300,000 Bank City Nat 63,449 2,914,325 io(5 94,837 120,000 Newport Nat Bank 786,893 00 890,000 First Nat Bank 240,567 9,550,900 100 194,964 2,128,111 100 Newport Trust Co_ 300,00( 110,000 State Nat Bank.... 154,444 3,179,822 100 200.000 Pawtucket 100,571 1,552,309 Per Mars. Amer. Tr. SiT. Bk. 200,000 Bk Sc Tr_ 5,187 1,245,639 El Paso 500,000 1,340,541 12,905,762 100 Slater Trust Co..___ 500,000 Rio Gr Val Bk Sc Tr 93,639 2,368,373 200,000 Sc Tr__ 10,437 1,088,797 Providence Per share. Security Bk 100,000 500,000 610,978 2,176,140 23 43 Texas Bk Sc Tr Co.. 100,000 1,485,549 100 Blackstone Can Nat 150,000 Bank Sc Tr_ Union 100,000 30,392 32,171 1,468,012 Columbus Exch 13k 924,568 50 Per sham 120,000 136,874 Fort WorthHigh Street Bank.... 967,973 50 95 200,000 500,000 American Nat Bank 242,975 2,961,035 100 278,974 4,593,637 50 60 Mechanics' Nat Bk 500,000 Continental Bk&Tr Merchants' Nat Bk_ 1,000,000 1,354,029 8,599,913 50 90 270,000 1,500,000 100 300,000 n342,490 n5,361,674 100 850,000 957,844 6,513,778 50 70 Farm Sc Mach N Bk Nat Bank of Comm 500,000 1,179,721 11,110,570 100 255 2§9First National Bank 1,000,000 e650,000 e10300000 100 Nat Exchange Ilk__ 890,000 100 100,000 450,000 27,109 Phenix Nat Bank.... Ft Worth State Bk. 850,027 1,740,091 5() 107% 600,000 1,354,900 8,903,893 100 500,000 1,037,204 2,456,732 100 218 Fort Worth Nat Bk Providence Nat Ilk 3,562,702 100 200,000 300,000 Stockyards Nat Bk Westminster Bank.. 221,690 110,000 2,200,000 50 5(3 200,000 67,019 1,969,913 100 Industrial Trust Co 3,000,000 5,217,194 61,028,641 100 235 2i6 Texas State Bank.._ Per share. Galveston Rhode I Hos 'Fr Co 3,000,00( 4,045,698 46,721,174 1000 _ - 3250 200,000 n210,409 n3,565,239 100 180 185 City National Bank Union Trust Co...._ 1,000,00 587,199 10,509,016 100 115 125 100 150 160 200,000 n245,207 n1,891,806 First National Bank 200,000 Woonsocket 550,000 5,000,000 100 250 Per share. Texas Bank Sc TrCo cp . s No minal - r; e100,00 HoustonCitizens' Nat Bank 36,249 531,845 100 100,00 570,214 16,843,496 100 180 First National Bank 2,000,000 National Globe Bk.. 52,311 625,293 25 8,942,179 100 325 400,000 200,00 550,037 Houston Nat Ex Bk Producers' Nat 13k_ 228,627 2,154,367 __ 20 _ 450,000 6,201,342 100 188 192 600,000 Lumber'ns Nat Bk_ SOUTH CAROLINA-Nat.banks Dec. :31; State institutions latest rotts•n4 160 172,092 3,373,72:, 100 150 500,000 Nat Bank of Comm 180 657,137 13,650,060 100 175 CharlestonUnion Nat Bank..__ 1,000,000 Per share 200,000 Nat Bk___ Atlantic Sou Texas Commer42,221 1,307.4211 100 150 200,000 Atlantic Say Bank.. cial Nat Bank...._ 1,000,000 1,140,000 11,758,896 100 300 310 258,167 3.439,938 100 '27(3 275 34,297 1,453,223 100 135 50)),000 n742,069 n9,244,964 100 265 100,000 Bk of Charrn,NBA State Bk Sc Tr Co__ 276 60 489,821 100 50 368,674 200,000 Carolina Say Bank_ Bankers Trust Co_ _ 2,000,000 187,321 2,559,263 100 220 250 Per stare. 100,000 Instit'u_ San Antonio Chart Say 107,977 923,725 100 375 400 334,241 5,504,947 100 500,000 125,000 Citizens Bank Alamo Nat Bank_ 9,245 1,037,000 100 75 80 101,244 1,608,048 100 100,000 200,000 Commercial Nat Bk City National Bank n86,429 7/1,244,669 100 1:30 135 504,347 4,511,297 100 60,000 500,000 Frost National Bk_ Dime Savings Bank 80,727 788,894 100 210 225 106,221 1,218,370 100 Bank 250,000 50,000 Enterprise Groos Nat Bank 27,881 1.090,723 100 100 105 304,500 2,300,006 100 200,000 50,000 Lockwood Nat Bk.. Exch 13kg Sc Tr Co.. 80,000 680,000 100 250 255 194,109 2,805,687 100 609.000 200,000 n474,470712,010,905 100 350 3(30 Nat Bk of Ccrmm'ce First National Bank 235,912 2,872,317 100 500,000 50,000 San Antonio NatBk Miners & Met Bk 22,827 125 441,701 100 120 145,539 3,051,713 100 500,000 n269,792 n4,672,271 100 141) 145 Bank.. Trust Co__ 1,000,000 Central People's Nat 891,906 100 14,073 150,000 50,000 Commerc' State Bk 250 Security Say Bank_ 33,000 1,088,000 100 2215 52,374 1,442,169 100 300,000 100,000 Com'w'ith li&T Co 45,000 1,62:3,457 100 150 155 So Car L'u Sc Tr Co 16,761 1,346,636 150,000 Spartanburg Guaranty State Bk 105,701 3,785,790 100 500,000 100,000 State Nat Bank...._ 59,774 American Nat Bank 579,093 100 180 Per share. 60,000 Waco 12,000 Bank of Commerce 500,000 100 110 100,792 2,541,682 500,000 100,000 Cent Tex Exch Nat 53,704 1,0;56,891 100 145 13k of Spartanburg.. 158,269 1,359,012 100 250,000 400,000 Citizens' Nat Bank 189,021 1,678,673 100 145 Central Nat Bank_ 184,712 3,694,346 100 600,000 50,000 13,442 Dollar Say Bank__ 471.994 100 140 65 - First National Bank 944,944 25,244 200,000 500,000 First State B Sc T Co 111,412 2,263,821 100 135 140 First Nat Bank__ 70,320 1,139,417 300,000 100,000 Liberty Nat Bank 105.776 Mer Sc Farm Bank_ 621,976 100 210 415,717 100 31,407 100,000 National City Bank 60,000 22,279 Southern Trust Co. 241,773 100 130 :10o.nno 223,829 1,654,536 100 Provident Nat Bk 8 Sale price. a Capital an I surplus to be increased. k Capital to be 11C1133.3,311. p Amount paid in. z Ex-divtlead. y New StOCIf. t Dec. 20 e May 10 n Nov 1 1918. t Juno 29 1918. s Aug. 31 1913. g Including First S. Batik .k Fr. Co. dto.:K. 1918. 1 Last sale. d Sept 20 1913 1918. c Oct. 18 1918. r Nov. 17 1916. 64 BANKS AND TRUST COMPANIES [VOL. 108. Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns UTAH-National banks Dec. 31; State institutions latest returns. WEST Vi RO I NI A-Nat.banks Dec. 31; State institutions latest returns Surplus Gross Capital. & Profits. Deposits. Par. Bid. OgdenCommercial Nat Bk First National Bank Ogden State Bank_ Ping.ree Nat Bank_ Utah Nat Bank__ Salt Lake CityContinental Nat Bk Deseret Nat Bank_ Deseret Say Bank_ McCornick dr CoBic Nat Bk of Republic National City Bank National Copper Bk Utah State Nat Bk_ Utah Say & Tr Co.. Walker Bros, B'kers Zioias 6 Bk dr Tr Co $ 100,000 150,000 100,000 175,000 150,000 $ 220,834 172,171 222,173 77,274 59,998 A s 1,819,907 100 3,759,423 3,920,307 3,412,773 100 ____ ... _ 1,780,816 100 --..„.._ .., Per Shi re. 250,000 500,000 500.000 600,000 300,000 250,000 300,000 600,000 300,000 500,000 500,000 113,974 4,270,616 667,247 5,942,727 448,507 3,881,830 286,974 8,682,719 359,229 6,613,671 50,223 3,323,271 93,962 4,551,442 n161,300 n6,560,712 68,747 1,381,400 195,947 8,729,041 256,120 7,637,346 100 100 100 100 100 100 100 100 100 100 100 180 289 210 240 250 185 138 200 104 305 185 291 21 27 25 17 14 202 10 231 30 VBRMONT-National banks Dec. 31; State institutions latest returns. Barre Barre 8 Bk & Tr Co GraniteS B & T Co People's Nat Bank_ Quarry 8 Bk & TCo Burlington Howard Nat Bank.. Merchants NatBk_ Burlington Tr Co.._ Montpelier Capital S B & T Co First National Bank Montpelier Nat Bk Montp'rS B & T Co Rutland Baxter Nat Bank.._ Clement Nat Bank.. Killington Nat Bk. Rutland Co Nat Bk Rutland Trust Co. Per share. 50,000 75,000 100,000 100,000 64,767 30,892 45,014 13,140 1,933,897 100 1,858,612 100 1,024,916 100 1,230,271 300,000 150,000 50,000 328,707 1,379,734 100 195,791 575,276 100 281,801 3,832,324 100 100,000 100,000 150,000 100,000 101,409 36,370 108,374 251,962 Per share. Per share. 2,546,047 1,202,091 1,538,020 4,092,675 100 100 100 100 Per share. 70,399 402,656 100 110 186,691 1,918,769 100 200 96,077 454,466 100 130 78,937 1,001,306 100 130 168,690 2,127,946 100 200 VIRGINIA-National banks Dec. 31; State institutions latest returns. Ly nch burg570,827 5,179,169 100 First National Bank 675,000 Lynchburg Nat Bk 575,449 3,088,669 100 500,000 People's Nat Bank_ 500,000 554,824 2,815,690 LynchburgTr&S B 150.000 308,744 2,071,144 United Loan&TrCo 300,000 270,547 731,070 Norfolk Per share. Bankers Trust Co.._ 1,000,000 19,300 560,000 20 25 Citizens Bank 573,002 5,054,505 100 230 600,000 Marine Bank ___ . 159,724 1,115,626 100 160 220,000 Nat Bk of Comm'ce 1,000,000 1,196,197 14,098,038 100 230 TrustCo of Norfolk 1,000,000 481,234 3,427,289 100 170 Norfolk Nat Bank_ _ 1,000,000 897,220 10,770,974 100 200 Seaboard Nat Bank 300,000 n171,292 n3,704,330 100 160 Virginia Nat Bank.. 500,000 n159,926 n3,134,405 100 150 Petersburg Per share. Petersburg Say & Tr 1,000,000 125,000 3,883,798 20 125 Nat Bk of Petersb_ 600,000 n313,567 n5,259,135 100 150 Virginia Nat Bank_ 400,000 c280,834 c4,112,273 100 150 ..... Richmond Per share. American Nat Bank 1,000,000 n811,149 n13665463 100 203 212 Bank of Corn & Tr_ 250,000 227,114 2,801,214 100 198 205 Broad-Street Bank.. 200,000 138,822 2,230,213 25 40 46 Broadway Nat Bk. 200,000 n32,990 n885,361 100 90 97 Central Nat Bk ofR 350,000 n119,914 n2,232,523 100 118 122 Church Hill Bank.... 150,000 62,119 1,225,182 100 135 140 First National Bank 2,000,000 1,518,374 27,273,128 100 213 215 Mech & Merch Bk_ 100,000 148,470 1,017,765 100 210 250 Merchants Nat Bk_ 400,000 n1,611,090 n22931400 100 500 600 Nat State & CityBk 1.000,000 n937,093 n15317781 100 176 180 Planters Nat Bank._ 600,000 n1,584,876 n15065617 100 500 525 Say Bank of Richm 200,000 339,929 1,552,188 25 91 95 Union Bk of Richm 219,780 591,160 1,431,669 50 250 265 Old Dominion TrCo 1,000,000 1,122,276 2,583,050 100 180 187 Richm Tr & Say Co 1,000,000 214,549 911,048 100 103 109 Virginia Trust Co 1.000,000 652,097 3,380,409 100 275 3 WASHINGTON-National banks Dec. 31; State institutions Dec. 31. Seattle Bank for SayingsCanad'n Bk of Corn Dexte r- Ilorton N Bk First National Bank Metropolitan Bank Nat Bic of Comm'ce Nat Cr Bk of Seatt People's Say Bank.. Scand-Amer Bank _ Seaboard Nat Bank Seattle Nat Bank__ State Bk of Seattle.. Am Say Bk & Tr Co Union Nat Bank__ Northw Tr & S Bk_ Dex-Flort T & S Bk Guardian Tr dr Say 100,000 100,000 100,000 100,000 50,000 400,000 200.000 1,200,000 500,000 200,000 1,000,000 500,000 100,000 1,000,000 200,000 1,000,000 200,000 600,000 600,000 100,000 400,000 100,000 25,6671 956,993 17,277 7.493,277 410,010 14,382,309 351,909,11,835,498 144,970 2,030,950 767,447120,903,639 229,898, 5,410,470 n178,349n3,702,0134 551,9141 18,797,373 66,979 1,570,985 441,777 30,611,902 72,417 3,092,714 85,659 2,867,002 56,047 7,168,195 21,599 2,676,016 130,000 8,278,939 18,592 683,745 Spokane Bank of Montreal.._ 100,000 Exchange Nat Bk.. 1,000,000 Fidelity Nat Bank_ 250,000 Old National Bank. 1,200,000 Scandinav-Amer Bk 100,000 Spok & East Tr Co.. 1,000,000 Union Trust Co__ 200,000 Washington Tr Co. 200,000 18,476 1,247,300 249,683 8,494,306 115,672 4,141,232 293,947 15,720,796 38,130 984,409 250,000 10,045,694 109,147 191,922 54,124 758,940 Tacoma Nat Bk of Tacoma. 1,000,000 Puget 8d Bk&Tr Co 100,000 Scandinav-Amer Bk 200,000 Fidelity Trust Co... 500,000 Tacoma S B&Tr Co 200,000 224,279 14,210,288 65,173 2,256,467 66,670 4,507,087 455,4141 7,023,649 48,894 1,442,067 Per share. 100 100 100 _100 k240 250 100 310 325 100 285 290 100 305 315 100 180 190 100 ___--100 180 185 100 140 150 100 275 100 100 108 100 145 150 100 125 100 100 85 Per share. 100 100 100 100 100 100 100 100 100 100 100 100 100 150 136 150 110 150 120 120 160 150 160 120 175 130 135 Per share 200 130 140 75 80 160 170 • Surplus Gross Capital. & Profits. Deposits. Par. Bid. Ask. ----------------------- Wheeling$ Per share $ $ 3ank of.0h10 Valley 3entreWheelingSay Ntizensi-Peoples' Trust Co 1ommercial Bank_ Ialt-Dollar Say Bk fat Bank of W Va_ Tat Exchange Bank luarter Says Bank.. louth Side Bank )ollar Say dr Tr Co lecurity Trust Co.. Vheeling Bank & Trust Co 175,000 50,000 36,000 1,434,000 70 36,000 1,035,000 100 84 170 83 300,000 100,000 50,000 500,000 500,000 100,000 25,000 500,000 300,000 96,000 145,000 113,410 353,174 559,979 56,460 133,609 937,328 263,319 160,000 550,124 3,618,151 100 275 1,280,190 844,400 1,243,904 4,951,719 6,007,975 871,700 1,137,326 7,365,343 1,812,280 100 128 __ ... 100 190 191 100 227 100 160 100 200 210 100 __ _ __ 135 50 200 .._-100 251 . 100 168 WISCONSIN-National banks Dec. 31; State institutions latest returns. , La CrossePer I share. lataylan Nat Bank 400,000 203,090 3,333,257 100 ----- 215 :xchange State Bk 25,000 17,192 457,475 100 . Tat Bk of La Crosse 500,000 262,344 4,605,030 100-....... 210 ezscurity Save Bank 30,000 7,614 548,825 100 150 tale Bk of La Cr'se 100,000 85,497 1,741,200 100 190 Milwaukeeladger State Bank 'irst National Bank Lmer Exch Bank-/farina Nat Bank__ larshall & IisleyBk ler & Manufac Bk Tat Bk of Com'rce Tat Exchange Bank ,econd Ward Say B 9'est Side Bank__ Visconsin Nat Bk. 'trot Trust Co Viaconsin Trust Co Per share. 200,000 34,769 1,417,799 100 3,000,000 1,689,559 37,313,730 100 180 185 500,000 241,279 4,874,955 100 147 149 500,000 886.204 9,231,967 100 245 250 1,000,000 935,000 17,334,632 100 190 195 400,000 94,241 2,234,381 100 100 101 300,000 186,117 5,087,367 100 125 130 500,000 622,171 7,422,780 100 200 210 1,000,000 790,947 25,463,797 100 _--.. -_ ..200,000 201,979 2,555,814 100 155 165 2.000,000 1,757,732 35,528,307 100 200 2.32 300,000 254,914 100 --- ---.500,000 385,667 2,277,219 100 150 WYOMING-National banks Nov. 1. Cheyenne Citizens Nat Bank.. First National Bank Stock Growers N B Wyom Tr & Bar Bk 100,000 100,000 100,000 60,000 105,0001 11,500,000 too 167,7011 5,058,264 100 201,734 4,545,893 17,2301 630,972 100 Per share. CANADA Returns are all of date Dec. 31 1918. NOVA SCOTIA. Capital Paid in. Reserve Fund. Deposits. Par. Ask. Prices are per cent, not per eh are. Halifax$ Bk of Nova Scotia_ 0,500,000 12,000,000 109739'201 100 Per ruin! 270 ONTARIO. Hamilton Per cent. Bank of Hamilton.. 3,000,000 3,300.000 51,835,574 100 200 202 Ottawa Bank of Ottawa.... 04,000,000 4.750,000 45,958,090 101) 205 TorontoBank of Toronto.._. 0,000,000 8,000.000 68,437,170 Can Bank of Comm 15,000,000 15,000,000 278001569 Dominion Bank.... 8,000,000 7,000,000 82,248,230 HomeBk of Canada p1,947,1.18 300,000.15,004,374 Imperial Bk of Can 07,000,000 7,000,000 70,083,364 Standard Bank...... 3,500,000 4,500,003 57,998,882 Sterling Bk of Can. 1,219,632 350,000,13,305,447 100 100 100 100 100 Al) 100 202 200 217 200% 220 208 210 210 QUEBEC. Montreal Bank of Montreal- 18,903,800 18,540,827 425 957510 Banqued'Hochelega p4,000,000 3,890,000 39,752,885 Morel' Bank of Can p7,000,000 7,000,000 113535952 Molson's Bank.._ p4.000.000 4,800,000 45,938,989 Provinc'l Bk of Can (11,000,000 800,000 18,558,103 Royal Bk of Canada 14,000,000 15,000,000 307 212017 100 100 100 100 100 100 Quebec Banque Nationale.. 2,000,000 2.100,000 31.840,010 100 Union Bank of Can p5,000,000 3,600,000 105 054934 100 Per cent. 212 212M 148 190 189 189M 211( x 148 160 1 SASKATCHEWAN. Weybut nWeyburn &cur Bk_ 421,3301 175,000 3,426,033 1001 * SOn price. c Par of this bank is £50. a Aug. 31 1913. p This Is capital pald in; sJune29 1918. r May 1 1917. 1Aug.28 1918. .Apr. 19 1918. n Nov. 1 1918. k Includes authorizer' amount is larger. s Er-dividend one-third of a share In Dexter-Horton Trust & Sayings Bank stock. d March 5 1917 c May 10 1918. h New stock.