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BANK AND QUOTATION SECTION OF 3.u.c, COMMERCIAL & FINANCIAL CHRONICLE. of Congress, Washington. D. C. Copyrighted in 1919, according to Act of Congress, by WILLIAM B. DANA COMPANY,in office of Librarian NEW YORK, JANUARY 4 1919. VOL. 108. NO. 2793 REVIEW OF DECEMBER. attention was centred largely December During the President's peace moves and upon the upon The Bank land Quotation Section, issued monthly, is furnished process of readjusting industrial and financial affairs without extra charge to every annual subscriber of the Chronicle. The Railway and Industrial Section, issued semi-annually in April to a peace basis. In this latter particular noteworthy and October, is also furnished without extra charge to every annum Chronicle subscriber. steps were the relinquishment by the War Industries the sworn The Railway Earnings Section, issued monthly, containing the Inter-State Board of price and other control over iron and steel, returns of earnings and expenses filed each month with Commerce Commission, is likewise furnished without extra charge to every copper, tin, &c., and as a matter of fact the Board annual Chronicle subscriber. a year, in March and SepThe Electric Railway Section, issued twice to every annual subscriber itself went out of existence with the close of the year, tember, is also furnished without extra charge of the Chronicle. the conclusion having been reached that there was The State and City Section will hereafter be issued semi-annually in June and December. It is furnished without extra charge to every annual no need for the continuance of its functions any subscriber of the Commercial & Financial Chronicle. new The Bankers' Convention Section, issued yearly, giving the detailed longer. While all this was satisfactory enough, proceedings of the annual convention of the American Bankers' Associaand condition the to regard subscribers. with to extra charge Chronicle developed without anxiety furnished likewise tion, is Terms for the Chronicle, including the six supplements above named, outlook for the railroads of the country, now that the are Ten Dollars per annum within the United States, Thirteen Dollars (which includes postage) in Europe, and $11 50 in Canada. time was approaching when peace terms with the File covers for the Chronicle are sold at 80 cents each (which includes postage). File covers for Supplements can be ha(' at same price. enemy would be concluded and the war formally CHICAGO OFFICE.-39 South La Salle Street. and officially declared to be at an end—bringing the LONDON OFFICE.—Edwards & Smith. 1 Drapers' Gardens, E. C. country face to face with the question as to what disposition should be made of the roads, which the WILLIAM B. DANA COMPANY. Publishers, Front, Pine and Depeyster Streets, New York. Government took over merely as a war measure. In his annual message to Congress on Monday, Dec. 2, the President referred to the unfortunate plight of the roads and the netessity for dealing with TO ADVERTISEMENTS OF BANKS AND TRUST COMPANIES the matter in a ,prompt and intelligent way. The Page Page Minneapolis, Minn.— Atlanta, Oa.— & First 9 Security Bank National President admitted that he had no answer ready to Atlanta National Bank the question as to what should be done with the railNew Orleans, La.— Baltimore, Md.— roads "in the interest of the public and in fairness Nat. 5 Whitney-Central Bank.... National Bank of Baltimore_ 6 6 Safe Deposit & Trust Co their owners." In what he had to say in the matto New York, N. Y.— he announced that it would presently become his ter Chemical National Bank 1 Boston. Mass.— Coal dc Iron National Bank.._._ 1 "to relinquish control of the roads even before duty 2 Bank Union National Farmers' Loan & Trust Co____ 12 Hanover National Bank 1 the expiration of the statutory period, unless there Seaboard National Bank 1 Chicago, ill.— should appear some clear prospect in the meantime Chicago Savings Bk. & Tr. Co. 8 8 Bk. Continental & Com'i Nat. of a legislative solution." In setting forth the Norfolk, Va.— Corn Exchange Nat. Bank—__ 9 Norfolk National Bank 7 alternative courses lying open, the President said: First Nat. Bank of Chicago.. __ 5 Live Stock Exchange Nat. Bk_ 8 "We can simply release the roads and go back to National Bank of the Republic 8 Paterson, N. J.— First National Bank 1 the old conditions of private management and unrestricted competition and multiform regulation by Cincinnati, Ohio— Fifth-Third National Bank___ 2 Philadelphia, Pa.— both State and Federal authorities, or we can go to Corn Exchange Nat. Bank_ -__ 3 opposite extreme and establish complete control, the First National Bank 4 Cleveland, Ohio— Government Fourth Street National Bank 3 accompanied, if necessary, by actual 7 First National Bank Franklin National Bank 5 ownership; or we can adopt an intermediate course of Bk_ National Commerce Union Girard National Bank 3 modified private control under a more unified and Girard Trust Company 4 alteraDetroit. Mich.— Market Street National Bank_ 3 affirmative public regulation and under such First & Old National Bank__ _ _ 6 Philadelphia National Bank__ _ 4 tions of the law as will permit wasteful competition People's State Bank Tradesmen's National Bank__ _ 4 to be avoided, and a considerable degree of unification of administration to be effected, as, for example, Port Worth, Texas— Providence, R. I.— which the railways of Fort Worth National Bank_ - _ _ 5 Merchants' National Bank _ __ 2 by regional corporations under combined in single effect in be would areas definable St. Louis. Mo.Jersey City, N. J.— systems." 2 National Bank of Commerce _ 9 First National Bank The President said that the one conclusion he was Los Angeles, Cal.— San Francisco. Cal.— to state with confidence was that "it would be ready 10 Citizens' National Bank Anglo & London Paris Nat. Bk. 9 a disservice alike to the country and to the owners of First National Bank__ __ _ 10 the railroads to return to the old conditions unmodiWorcester, Mass.Milwaukee, Wis.— Merchants National Bank__ _ 2 fied" and he expressed the hope that Congres s 7 First National Bank BANK AND QUOTATION INDEX SECTION 14 MONTHLY REVIEW [VoL. 108. would have 'a complete and impartial study of the duty ;to go had bee.i forced upon him by considerawhole problem instituted at once and prosecuted as tions which he hoped would seem as conclusive to rapidly as possible." congress as they had seemed to him. He proceeded , The President's discussion of the subject was fol- as follows: lowed by a recommendation from Mr. McAdoo, as The Allied Governments have accepted the bases of peace Director-General of Railroads (and who was sched- which I outlined to the Congress on the 8th of January last, uled to retire by the 1st of January 1919, provided as the Central Empires also have, and very reasonably the President should appoint his successor), which desire my personal counsel in their interpretation and created no little stir in the railroad and financial application, and it is highly desirable that I should give it in order that the sincere desire of our Government to conworld and which was not very favorably received. tribute without selfish purpose of any kind to a settlement Mr. McAdoo's recommendation was that the period that will be of common benefit to all the nations concerned of Federal control of the railroads be extended from may be made fully manifest. The peace settlements which twenty-one months after the termination of the war, are now to be agreed upon are of transcendent importance both to us and to the rest of the world, and I know of no as provided in the present law, to five years. This business or interest which should take precedence of them. was embodied in a letter addressed on Dec. 11 to the The gallant men of our armed forces on land and sea have Chairmen of the Inter-State Commerce Committees consciously fought for the ideals which they knew to be the of the House and Senate. Mr. McAdoo pointed out ideals of their country. I have sought to express those ideals; they have accepted my statements of them as the that less than three months of the current session of substance of their own thought and purpose, as the assoCongress remained and that it was presumably im- ciated Governments have accepted them; I owe it to them possible to secure legislation in this period providing to see to it, so far as in me lies, that no false or mistaken for a permanent solution of the railroad problem. interpretation is put upon them, and no possible effort omitted to realize them. It is now my duty to play my To attempt to continue Federal control under the full part in making good what they offered their life's blood inadequate provisions of the present Federal control to obtain. I can think of no call to service which could Act, he said, and for the very brief period authorized transcend this. May I not hope, gentlemen of the Congress, that in the by it, "would be to multiply our difficulties and invite delicate tasks I shall have to perform on the other side of failure." He further said that he was convinced, the sea, in my efforts truly and faithfully to interpret the on the other hand, "that the return of the railroads principles and purposes of the country we love, I may have to the old competitive conditions w.11 be hurtful alike the encouragement and the added strength of your united I realize the magnitudo and difficulty of the to the public interest and to the railroads them- support? duty I am undertaking. I am poignantly aware of its selves." The extension of the period of Government grave responsibilities. I am the servant of the nation. I control for five years offered to Mr. McAdoo's mind can have no private thought or purpose of my own in per"the only one, practicable and wise alternative." forming such an errand. I go to give the best that is in me to the common settlements which' I must now assist in This extension, he averred, "would take the railroad arriving at in conference with the other working heads of question out of politics'for a reasonable period. It the associated Governments. I shall count upon your would give composure to railroad, officers and em- friendly countenance and encouragement. I shall not; be ployees. It would admit of the preparation and inaccessible. The cables and the wireless will render me available for any counsel or service you may desire of me, carrying out of a comprehensive program of improve- and I shall be happy in the thought that I am constantly ments of the railroads and their terminal facilities in touch with the weighty matters of domestic policy with which would immensely increase the efficiency of the which we shall have to deal. I shall make my absence as brief as possible, and shall hope to return with the happy transportation machine. It would put back of the that it has been possible to translate into action railroads the credit of the United States during the assurance five-year period so that the financing of these im- the great ideals for which America has striven. provements could be successfully carried out. It The departure of the President for Brest, France, would offer the necessary opportunity under proper occurrecgon Dec.4. On Dec.21 the University of Paris, conditions to test the value of unified control, and in the presence of President Poincare, the Presidents the experience thus gained would of itself indicate of the Senate and Chamber of Deputies, the diplothe permanent solution of the railroad problem." matic corps, members of the Government, and the Mr. McAdoo said he had formed no opinion himself highest civil and military authorities, conferred upon as to what was the best disposition of the railroad President Wilson the degree of Doctor, Honoris problem because the test had not been sufficient to Causa, in recognition of his work as a jurist and prove conclusively the right solution of the problem. historian. It was the first time in the history of He believed that a five-year test would give the the university that an honorary degree had been American people the right answer. An ounce of bestowed, authorization for its granting having been experience was worth a ton of theory, and "with the given by a recent decree. In his speech of acknowlstart already made under war conditions it would be edgment the President dwelt upon the triumph of a comparatively simple matter to complete the test the "university spirit," which he said, had been so well begun and thereby gain the invaluable ex- intimately related'with the war, and upon the overperience which will determine the solution of a throw of the lower by the higher form of culture. problem which has vexed our State and national He asserted that if the Central Powers had dared politics and our economic development for the last to discuss the purposes of the war for a fortnight it generation." In the event that Congress should never would have happened, and he argued that it fail to grant the five-year extension proposed, Mr. was for a League of Nations to enforce just that kind McAdoo declared he would not hesitate to say that of publicity and avert conflicts in the future. He the railroads should be returned to private ownership said: "My conception of the League of Nations is at the earliest possible moment. In closing Mr. just this—that it shall operate as the organized moral McAdoo announced that "the President has given force of men throughout the world, and that whenme permission to say that this conclusion accords ever or wherever wrong and aggression are planned with his own view of the matter." or contemplated, this searching light of conscience On the subject of the coming Peace Congress and will be turned upon them, and men everywhere will his part in it the President in his annual message was ask, 'What are the purposes that you hold in your persuasive without being especially enlightening. heart against the fortunes of the world?'" Mr. Wilson said he welcomed the occasion to anIn his Christmas Day address to the American nounce to Congress his purpose to join in Paris the troops in France, the President said: "I do not find representatives of the Governments with which the in the hearts of the great leaders with whom it is United States had been associated in the war against my privilege now to co-operate any difference of the Central Empires for the purpose of discussing principle or of fundamental purpose;" and added with them the main features of the treaty of peace. later that the nations that foilght this war were He realized the great inconveniences that would ready to "make good in the establishment of peace attend his leaving the country, particularly at this upon the permanent foundation of right and justice." time, but the conclusion that it was his paramount The President's address was delivered at Chaumont, JAN. 1919.] MONTHLY REVIEW where are located the General Headquarters of the American army. The President and Mrs. Wilson arrived at Chaumont at 9 o'clock Christmas morning, and after an official welcome from the authorities of the town, participated in a review and inspection of 10,000 American troops made up of battalions from various divisions, including the 77th (New York City) National Army division. After taking dinner with the troops at their mess, the President left at 6 o'clock in the evening on his way to England, where he arrived on Thursday morning, Dec. 26. Replying to the Lord Mayor's address at the puildhall on Dec. 28, accompanying the presentation of the freedom of the city, President Wilson said that there must be now not a balance of power, but an overwhelming group of nations, who will be the trustees of the peace of the world. His words were as follows: As I have conversed with the soldiers I have been more and more aware that they fought for something that not all of them had defined, but which all of them recognized the moment you stated it to them. They fought to do away with an old order and to establish a new one, and the centre and characteristic of the old order was that unstable thing which we used to call the "balance of power" a thing in which the balance was determined by the sword which was thrown in on the one side or the other; a balance which was determined by the unstable equilibrium of competitive interests; a balance which was maintained by jealous watchfulness and an antagonism of interests which, though it was generally latent, was always deep-seated. The men who have fought in this war have been the men from the free nations who are determined that that sort of thing should end now and forever. It is very interesting to me to observe how from every quarter, from every sort of mind, from every concert of counsel there comes the suggestion that there must now be, not a balance of power, not one powerful group of nations set up against another, but a single overwhelming, powerful group of nations who shall be the trustees of the peace of the world. It has been delightful in my conferences with the leaders of your Government to find how our minds moved along exactly the same line, and how our thought was always that the key to the peace was the guarantee of the peace, not the items of it; that the items would be worthless unless there stood back of them a permanent concert of power for thei maintenance. That is the most reassuring thing that has ever happened in the world. When this war began the thought of a League of Nations was indulgently considered as the interesting thought of closeted students. It was thought of as one of those things that it was right to characterize by a name which, as a university man, I have always resented. It was said to be academic, as if that in itself were a condemnation—something that men could think about, but never get. Now we find the practical leading minds of the world determined to get it. At Manchester, on Dec. 30, in replying to the Lord Mayor's address, who presented to him the freedom of the city, President Wilson reiterated his opposition to the idea of a balance of power, saying: And so, when we analyze the present situation and the future that we now have to mold and control, it seems to me there is no other thought than that that can guide us. You know that the United States has always felt from the very beginning of her story that she must keep herself separate from any kind of connection with European politics. I want to say very frankly to you that she is not now interested in European politics, but she is interested in the partnership of right between America and Europe. If the future had nothing for us but a new attempt to keep the world at a right poise by a balance of power the United States would take no interest, because she will join no combination of powers which is not a combination of all of us. She is not interested merely in the peace of Europe, but in the peace of the world. Therefore it seems to me that in the settlement which is just ahead of us something more delicate and difficult than was ever attempted before has to be accomplished—a genuine concert of mind and of purpose. But, while it is difficult, there is an element present that makes it easy. Never before in the history of the world, I believe, has there been such a keen international consciousness as there is now. There is a great voice of humanity abroad in the world just now which he who cannot hear is deaf. There is a great compulsion of the common conscience now in existence which if any statesman resist, will gain for him the most unenviable eminence in history. We are not obeying the mandate of parties or of politics. We are obeying the mandate of humanity. 15 It so happened that while the President was thus showing his antipathy to a return to the conditions represented by the old scheme of a balance of power, Premier Clemenceau of France was voicing his fondness for alliances based on the same principle. In a speech in the Chamber of Deputies on Dec. 29 he gave expression to his views as follows: "France was in an especially difficult situation. It was the country nearest Germany. America was far away and took her time to come into the war. England came at once at the call of Mr. Asquith. We suffered and fought; our men were mowed down and our towns and villages were destroyed. "There is an old system which appears condemned to-day, and to which I do not fear to say that I remain faithful at this moment. Countries have organized the defense of their frontiers with the necessary elements and the balances of powers." Great disorder broke out in the Chamber at this point and Pierre Prizon, a Socialist Deputy, exclaimed: "This is the system which has gone into bankruptcy." Premier Clemenceau continued, saying: "This system appears to be condemned by some very high authorities. Nevertheless, I will remark that if such a balance had preceded the war—that if America, England, France and Italy had got together in declaring that whoever attacked one of them must expect to see the three others take up the common defense"— The Premier was interrupted here by applause and disorder in the Chamber, but later resumed: "There is in this system of alliances, which I do not renounce, I say it most distinctly, my guiding thought at the conference—if yourThody permits me to go there—and I believe that nothing should separate after the war the four great Powers that the war has united. To this entente I will make all sacrifices." A statement formally announcing the proposed discontinuance of the activities of the War Industries Board at Washington on Jan. 1 was issued by Chairman B. M. Baruch on Dec. 23. Certain powers and duties of the Board, it was stated, would be taken over by the War Trade Board. Mr. Baruch's statement said: It has been arranged that the powers and duties of the Division of Planning and Statistics of the War Industries Board shall, on Jan. 1, be taken over by the War Trade Board, along with such officials or employees of the Board as may be necessary. The functions and powers of the Wool Division of the War Industries Board, including especially those relating to the payment by wool dealers or buyers of any sums due by them under "Government Regulations for Handling the Wool Clip of 1918," as established by the Board on May 21 as already 1918, and the disposition of such payments, shall, on Jan. announced, be taken over by the Bureau of Markets of the Department of Agriculture. The Price Fixing Committee of the War Industries Board will continue to function until such of the prices already fixed by the Committee, as will not expire on or before Jan. 1, shall have expired. It was reported on Dec. 20 that President Wilson had cabled to Mr. Baruch and Vance C. McCormick Chairman of the War Industries Board, to join him in France. They were expected to sail Dec. 31. The Capital Issues Committee also voted to suspend its activities on Dec. 31. The announcement as to its decision, issued on Dec. 24, and made by Charles S. Hamlin, Chairman of the Committee, stated that "the Committee will not be dissolved, but will remain inactive, unless it is found that the sale of new securities competes unduly with Government financing, or for other reasons it may become desirable for the Committee to resume. its work." The Committee made known its intention to present a supplementary report to Congress, recommending a law to prevent existing abuses arising through the sale of worthless and fraudulent securities. Secretary of the Treasury Glass at the same time gave out a statement as to the suspension of the activities of the Committee, in which he said that he intended to ask Congress for legislation which would "check the traffic in worthless securities, while imposing no undue restrictions upon the financing oflegitimate business." On the other hand,from the Federal Reserve Bank of New York there came the announcement on Dec. 30 that the local Money Committee would not yet be disbanded. Its functions would have automatically ceased on Jan. 10. The statement said: In view of the approach of the time when the arrangement on the pa t of the banks to furnish money for the purpose of stabilizing rates on Stock Exchange loans would expire by limitation, namely Jan. 10 1919, it was deemed wise by the Sub-Committee on Money of the Liberty Loan Com-. 16 MONTHLY REVIEW mittee to confer with the officials of the Treasury, that their wishes as to an extension of the present arrangement might be known. Such conference was had, and the Treasury has written as follows: "The Treasury requests the Sub-Committee on Money of the Liberty Loan Committee to continue its operations in aid of the Government's financial requirements, on the one hand to prevent an increase in the rate for call money, and on the other hand, to prevent expansion of the loan account." Acting in accordance with the expressed wish of the Treasury the SubCommittee on Money has arranged with the banks to continue the present arrangement and has arranged with the authorities of the Stock Exchange that they shall continue to exercise control to prevent expansion of the aggregate loan account. The second bi-weekly offering of Treasury Certificates of Indebtedness (known as Series 5-B) in anticipation of the Fifth Liberty Loan, was announced by Secretary of the Treasury McAdoo on Dec. 12th. The certificates were dated Dec. 19 1918, bear 432% interest, and are payable May 20 1919. The issue was for a minimum of $500,000,000. Subscriptions were received up to the close of business on Thursday, Dec. 26, and reached $572,494,000. The first issue of $600,000,000 of Treasury Certificates of Indebtedness, issued in anticipation of the Fifth Liberty Loan, was also oversubscribed, the subscriptions amounting to $613,438,000. These 432% certificates were dated Dec. 5 1918, and mature May 6 1919. Subscriptions closed Dec. 10. The offering of the third issue of 432% Treasury Certificates of Indebtedness in anticipation of the Fifth Liberty Loan, was announced by the new Secretary of the Treasury, Carter Glass, on Dec. 27. It is for a minimum of $750,000,000. The certificates are dated Jan. 2 1919 and will be payable June 3 1919. Subscriptions will close Jan. 7. In the stock market the small amount of buoyancy that remained at the close of November after the ebullition of activity that followed the signing of the armistice completely vanished. The course of the market during December was not uninterruptedly down-ward, but the tendency most of the month was toward lower figures, and on occasions there was distinct weakness. A proper characterization would be that the market acted in very confused fashion with the fluctuations uneven and irregular. The railroad stocks were under pressure practically the entire month and here a substantial general decline in values may be said to have taken place. Obvious reasons fior this existed. The subject of the return of the properties to their owners was a foremost topic of discussion. The remarks with reference to the matter in the President's message were on the whole considered assuring. The President indicated, as noted above, that the question was giving him no little concern, but that he had no specific solution to offer—that he had, to use his own words, "no confident judgment" of his own and that he was prepared to await Congressional action, that indeed he relegated the subject to that body. The first effect of the declaration was to produce a sharp rise in the railroad shares. This was on the opening business day of the month, Dec. 2, the day the message was read before Congress. The upturn, however, did not last long. The National Association of Owners of Railroad Securities continued its agitation for the early return of the roads to their owners—considering undue prolongation of Government control prejudicial to the roads—and, on reflection, a phrase in the President's message, in which Mr. Wilson asserted that it would "presently become my [his] duty to relinquish control of the roads, even before the expi,ration of the statutory period, unless there should appear some clear prospect in the meantime of a legislative solution," was regarded as highly significant. With the wages of railroad employees being steadily increased and with the augmentation in expenses on such a scale that it heavily outran the gains in gross receipts, large though these latter were proving to be, it began to be realized that if the President acted on his intimation there was a possibility that the roads might be thrown back into the hands of the proprietors under conditions that would spell certain disaster for them,leaving the security holders in even worse plight than that in which they found [Vol,' 108. themselves just before the .Government took over control. At this time also it appeared that very few companies had yet signed the contract submitted by Mr. McAdoo fixing the terms upon which the compensation to be paid the roads were to be computed and defining Government liability during the period of control, the officials of the companies thinking the contract in some of its features prejudicial to the rights of the properties. . Added confusion was produced by the appearance of a letter addressed by Mr. McAdoo on Dec. 11 to Representative Sims and to Senator Ellison D. Smith, the Chairmen, respectively, of the Inter-State Commerce Committees of the House and the Senate. In this letter as set out above, Mr. McAdoo recommended that the possible two-year period of Government control be lengthened to five years, in default of which extension he gave it as his opinion that "the railroads should be returned to private ownership at the earliest possible monent." Mr. McAdoo's utterance in this regard appeared to be freighted with some consequence, inasmuch as the concluding sentence of the letter connected Mr. Wilson with his recommendation, Mr. McAdoo declaring: "The President has given me permission to say that this conclusion accords with his own view of the matter." In the meantime, the monthly returns of earnings of the roads were making very unfavorable comparisons of net results, recording quite heavy general losses, and, as if to emphasize the unfortunate prospect of the roads, announcement came on Dec. 19 that the Baltimore & Ohio Railroad had cut its semi-annual dividend on the common shares from 23/2% to 2%. Sharp breaks at this time in the securities of the local traction properties, the Brooklyn Rapid Transit, the Third Avenue Railway and the New York Railways, because of mounting operating costs and inability to obtain permission for increases in fares to offset the added outlays, did not serve to relieve the feeling of gloom and depression as to the outlook for transportation properties in general. The Brooklyn Rapid Transit, on the night of the last day of the month, Dec. 31, was relegated to the care of receivers. In the case of the industrial shares, the tendency of values most of the time was also downward,though with some noteworthy exceptions to the rule. The exceptions were such properties as the rubber shares and some of the motor stocks. Among these industrial shares, the weakest feature was, perhaps, the copper shares. It appeared that, with the Government demand for the metal cut off, supply would be in excess of consumptive requirements. As Government regulation of the price of the metal was to terminate with the close of the year, it proved impossible to maintain the previous fixed price of 26 cents a pound, and the metal was offered for 1919 delivery at 23 cents, with rumors that it could be obtained at even lower figures. On Dec. 24, anpouncement came that the Anaconda Copper Mining Co. had reduced its quar. dividend from 4% to 3%, and this was attended by a sharp break in these shares on that day and after, Christmas. The significance of the step was emphasized by the fact that an official of the company was quoted as saying that there was no explanation for the reduction beyond the fact that the 23-cent copper price would mean a decrease of about $10,000,000 per annum •in the earnings of the company, or about $4 per share (8%) on the stock, subject to the qualification that, as wages also were likely to be reduced in 1919, the loss in profits would fall below the amount stated. With the reduction in the Anaconda dividend, a cut in the dividend of Inspiration Consolidated Copper was counted upon, and as a consequence the price of these shares broke badly in the morning of Dec. 26, followed immediately by a sharp upward reaction as it appeared that, after all, there was to be no reduction in that company's dividend. The price of U. S. Steel shares was on the whole well main- JAN., 1919.] MONTHLY REVIEW tamed and, indeed, there were several sharp upturns which were the more noteworthy as the War Industries Board determ ned to end its control of the steel trade after Dec. 31, and that producing interests agreed on a new schedule of prices, effective Jan. 1, materially lower than those previously in force, the reductions running from $4 to $6 a ton. In the closing days of the month the movement of prices was very confused, both for the railroad stocks and for the industrial shares. The volume of business greatly increased and on Dec. 30 the sales for the day aggregated over one million shares. It looked at times as if a buying movement had set in, in anticipation of the large first of January interest and dividend payments, but this buying movement, whatever its nature or cause, was met by equally pronounced liquidation and accordingly the course of prices manifested great irregularity. On the whole, the industrial shares in the closing days registered substantial recoveries from the low figures of the month and some reached the highest point of the year. In the bond market, a feature• was a persistent decline in the Liberty Loan issues, particularly the bonds of the Fourth Liberty Loan, with, however, a sharp upward reaction on Dec. 31, the last day of the month. This decline was variously explained. On the one hand, it was urged that the bonds were being sold by large holders who had oversubscribed and now with the advent of Christmas wanted to recover some of the money locked up in the bonds. Again, it was argued that the bonds were being thrown overboard because of the restriction upon Stock Exchange borrowing imposed by the Money Committee. The most plausible explanation of all was that holders were selling the bonds so that the loss from the sale could appear in their income tax returns, thereby reducing the amount of income on which the high income, excess profits and surtaxes are to be assessed. The one patent fact was that liquidation in the bonds was on a tremendous scale. On Dec. 30 sales of the Fourth Lillerty Loan issue . were made as.low as94,against 96.90 on Dec. 2, the first business day of the month, but on Dec. 31 the course of prices was suddenly reversed. As against closing sales the day before at 94.14, opening prices were 94.60 to 94.80 and in a very brief space of time the price jumped to 96.20. The recovery, however, was not fully maintained,and the close was at 95.34. There were numerous sales for cash on that day(instead of in the ordinary way Which would have meant delivery Jan. 2 with delay in the completion of the transaction until that time) not only in the Liberty Loan issues but in the report of. share sales, and such transactions were inexplicable except on the theory that the sellers wanted bona fide records of losses to offset gains or profits in their income tax returns. Notwithstanding the dubious outlook for the railroads, several large bond issues were successfully floated during the month, but these were underlying issues and were offered at tempting figures. Chief among them was a $50,000,000 block of Pennsylvania Railroad 50-year 5% general mortgage bonds. These were offered at 9931, making the yield for this gilt-edged investment above 5% per annum. Of the same character was an offering at par of $10,500,000 Chicago & North Western Railway Company 70-year general mortgage 5% bonds. To have assurance of a 5% return for 70 years in the case of a premier security of this sort naturally appealed to investors with irresistible force. Another flotation of the month was the offering of $10,598,000 St. Louis-San Francisco Railway Company prior lien mortgage 10-year 6% gold bonds, series C. This being a recently reorganized property with no long record behind it, the inducement in the way of a large return had to be made correspondingly stronger. The bonds were offered at 96, yielding over 6.55%. Under the decline in U. S. Government bonds, net- 17 ting consequently an increased return on the investment, and with the offering of the railroad loans just enumerated, on such enticing terms, the question naturally arose whether the sharp rise in the preceding month in railroad securities of the best type had not been in a measure premature in so far as it might be accepted as evidencing a return to a lower interest yield on sound investments. Misgivings on that point will account for the decline which occurred during December in some of the better railroad and other bonds on the Stock Exchange. VOLUME OF BUSINESS ON THE STOCK EXCHANGE. 1915. 1916. 1917. 1918. Month of Dec.— Stock sales— 13,698,732 31,735,674 12,767,723 11,925,303 No,of shares_ _ __ Par value $1,089,941,035 $1,172,798,000 $2,766,177,300 $1,196,816,655 Bond sales(par value)— $92,780,500 $71,232,000 $32,954,000 $44,868,500 RR.& misc. bds_ 1,031,000 48,000 54,808,500 308,368,500 Govem't bonds State, municipal 26,705,500 24,515,000 24,404,500 30,986,000 & foreign bonds $95,795,000 $120,517,000 Total bond sales_ $384,223,000 $112,167,000 Jan. Ito Dec.31— Stock sales— 173,145,203 233,311,993 185,628,948 No.of shares...,..144,118,469 $13,447,944,100$17,118,636,530$20,120,739,500$14,877,142,145 Par value Bond sales(par value)— RR.& misc. bds- $356,441,000 $470,683,000 $845,135,500 $906,659,200 3,040,000 805,950 285,951,250 Govem't bonds__ 1,435,716,500 State, municipal 51,394,000 303,910,500 299,909,000 270,669,500 & foreign bonds Total bond sales_ $2,062,827,000 $1,056,543,250 $1,149,851,950 $961,093,200 In the money market rates for call loans ruled easier the middle of the month, but there was a distinctly firmer tone towards the close on preparations for the large first of January interest and dividend payments. On regular mixed collateral the rate on call got down as low as 332% on Dec. 20, but from Dec. 26 to Dec. 31, inclusive, no money was loaned at less than 6%. For fixed maturities. a definitely easier trend was observable the last half the month. Funds were in better supply and some loans were reported at as low as 53.% for 30 days; 60and 90 day loans at the close were quoted at 532%, with rates for 4 months at 5%®6% and for 5 and 6 months at 6%. Transactions, however, were limited. Commercial paper, after being quoted at one time at 53'®5%% for 60 to 90 days endorsed bills receivable and six months single names of choice character, closed at 5%@6%. Names not so well known required 6% throughout the whole month. The Capital Issues Committee decided not to continue its supervision of new security issues after the close of 1918 unless some special 'emergency should arise requiring a resumption of its functions, but the' Money Committee of the Liberty Loan Committee whose activities would have expired by limitation on Jan. 10, responding to the request of Secretary of the Treasury Glass, determined to continue its operations beyond the date named. This Money Committee has performed a two-fold function, first in preventing interest rates from rising above 6%, and secondly in enforcing restrictions against undue borrowing for Stock Exchange purposes. In both respects the Secretary of the Treasury finds that its functions should be maintained in view of the necessity of further large borrowing by the Government. RATES FOR MONEY IN NEW YORK WEEKLY. Dec. 6. Dec. 13. Dec. 20. Dee. 27. Week eldiag— Call Loans— 4-6 4%-6 5-6 33. -5 Stock Exchange—Range for week ag 4% 5% 6 —Week's average Time Loans— isg Thirty days 534 5%-6 534-534 534-6 Sixty days 534 534-6 534-534 534-6 Ninety days 534-6 6 6 6 months Four 6 6 , 8 6 Five months 6 6 ' 6 6 Six months Commercial Paper— 534-53.4 534-8 534-6 534-6 Double names—Choice 60 to 90 days 534-6 534-6 534-534 534-6 Single names—Prime 4 to 6 months 6 6 6 6 —Good 4 to 6 months In the foreign exchange market a better tone developed in sterling exchange, there being an appreciably improved inquiry for demand bills owing to more regular mail schedules. Still the market remained under the arbitrary control of the British Treasury and the fluctuations were confined within a very narrow compass. Dealings in continental exchange were marked by great dulness, with the variations in rates, on the whole, unimportant. This was true of French francs, while, in the case of the Italian lire, there was only a single [VoL. 108. MONTHLY REVIEW 18 change in the fixed rates that have been maintained for some time by the Federal Reserve authorities. In other words sight bills were advanced from 6.37 lire to the dollar to 6.36 to the dollar. Cable transfers were continued unchanged at 6.35. A feature of the month was the news that quotations were being received from Paris on mail trans .ers to Belgium. The Farmers' Loan Sr Trust Company announced that it was prepared, through its Paris office, to make payments in that country and that it was in receipt of further advices from abroad quoting rates from Paris at 98 French francs for 100 Belgium francs. The company also stated that it was prepared to make mail transfers to Belgium for relief and charitable purposes from this centre and that until further notice the rate would be 5.50 francs to the dollar. As to the neutral exchanges, trading was also of a listless character but with increased firmness the latter part of the month, chiefly in response to higher cable rates from abroad which was explained as being due la gely to buying on the part of speculative interests abroad. Swiss francs, which early in the month broke sharply and for bankers' sight bills were quoted at 4.97 francs to the dollar, moved up to 4.80 francs to the dollar by Dec. 30, but Dec. 31 were quoted at 4.86@ 4.84. Spanish pesetas moved irregularly but as against 19.73 Dec. 4, were up to 20.05 Dec. 31. Rates on the Scandinavian centres all closed substantially higher, checks on Denmark being quoted 4 against 26.50 Dec. 2; checks on on Dec. 31 at 267 Sweden 291 4 against 28.20 and the Norwegian 'kroner at 28.00 against 27.30. Rates on Amsterdam for bankers' sight bills Dec. 31 were 42 7-16@ 423 against 41%@42 on Dec. 3. gi 000 00 hh hhh 1.0.44 hh XXX XX NNNNNNNN XXX NN N XX NN NNN hhh NN hh 0 .11, M;SZ === XX hhhhhh i 6 t k NNNNNN ............cscm hhhhhh hhhhhh hhhhhh Vel..4,1 , 41 TM .1.14,Vet E. 0 2 0 0 NN hh 41 .4. X..XXXX XX XXX XX X:gX 6 hhhhhh aaaaaa aaaaaa aaaaaa aa aaa aa NNNNNN 4 .14.0Vet. hhhhhh aaaaaa aaaaaa aaaaaa aa aaa aa t„ Z=X=X ONNNNNNNNNNNN ==l1V41 NNNNNN X . = NNN NN NN -aaaaaa aaaaaa aaaaaa aa aaa aa NNN'NN NNNNNN'NNNNNN NNNNNN NN hhhhhh.lhhhhhh.4hhhhhh. 4hh . 4hhh . 4hh ggg=*.vgg.v.v.v=1;.=.;.= go.......p......p.tgotg ot.p.. ....p,t Wikins'oakriVranaVerkismanwkiti 0 0 0 00 0cx. .,....vg . =.1 00 000000 000000 000000 00 000 hhhhhh hhhhhh hhhhhh hh hhh hh e, tt tt ;IS ti4 t7o 4 efo. to t. T,Z, ONVG an le hhh. , NNNM r-hh=ht- toto@OZG t-t-xxt-h , N N N ;BLB',B(Doco 144. vv vva. .t. .4.4.vro vm, 14,t,00, IF N hth .t..t. ,t. .1. XX : 2gg.vg,.v NN =4".=g igg:17.141 401,00.0r0 2n go e 20 aaaaaa aaaaaa aaviaa ._.... 46- .2 w .7..n ...c. 44., 00.1.10tOul 010, E. ON XWW XNQ 10.0.t., 0 0.hWitliel §2 -r-0... t..,,0,0 we). 00g t.t..t.ttt....44 t-t.. .. ..* ... ... .............,.. ..... 1. .50.D.1N., t.0 === xxxxxx x=rxx xx xx.T m. aaaaaa aaaaaa aaaaaa aa aaa aa MMMMMM MMMMMM MM MMM XXXXXX XXXXXX XXXXXX XX XXX XX mmm mm mmmmmm mmmmmm mmmmmm mm t-nr. NN ......... ..... slioolsis.titiossus Pls.'s 11010hWO0.0- M000000hWM0. .0M.4.00hM02=2, ...NNNNNNNNNNMM RATES OF EXCHANGE ON CONTINENTAL CENTERS. Paris Francs Swiss Francs Greek Drachmas Italian Lire Amsterdam Guilders Dec. Bankers' Checks Cables Commercial Sight 60 Days Sight Bankers' Cables Sight Bankers' Cables SUN DAY 4214 5 46%046% 5 5154051% 4 93 04 91 4 90 04 88 42 0 4234 5 46%046% 5 51%051% 4 96 04 93 4 935404 904134 @42 4234 @4234 5 46%046% 5 51%05134 4 97 04 96 4 94 04 93 41% @42 4234 @4234 5 463's04634 5 515405134 496 04 934 933404 914134 0 42 4234 0 4234 5 463404634 5 515405134 4 93 04 92 4 90'04 89 42 0 42344234 0 4254 42 0 42344234 0 4255 5 4634046% 5 51%051% 490 493 SUN DAY 9- 5 45%045% 545 42 0 42% 42H @4234 5 4634046% 5 51%05134 400 493 42 0 4234 42% © 4254 10--- 5 45%045% 5 463404634 5 51%051% 55 403 490 4254 11..... 5 45%04554 545 5 46% 04634 5 51%051% 493 490 4234 12___ 5 453404555 845 5 46%0463-1 5 5134@5134 403 04 91 4 90 04 884234 0 4234 4234 0 4234 5 453404534 545 5 46%046% 5 5134 05134 492 04 914 89 04 884234 0 4234 4234 0 4234 5 453464554 545 5 46%046% 5 515405134 43 04 91 4 93 04 884234 0 4234 4234 0 4234 5 SUN DAY 6 5 4514 545 55134 493 09234 4 90 08955 4234 @ 42% 42% @4234 54634 17545 04434 5453.4 493 04 90 4 90 04 87 42% 0 42% 42% @4234 55134 54634 18___ 5 45%045% 5 45 04434 5 46%046% 55134 489 04 85 4 86 04 824234 0 42344234 0 4234 19___ 5 45%045% 545 @44345 4634©4634 5 5154051% 488 04 87 4 85 04 844234 0 42344234 0 4234 0 54534 04534 5 45 04434 5 463404634 5 51%051% 487 .34 86 4 84 04 834234 0 42344234 0 4234 1 5 4554045% 5 45 04434 5 463404634 5 5154051% 483 486 4234 0 4254 4234 0 4234 2 SUN DAY 3 4234 (3 4234 4234 0 4234 485 482 54534 034534 545 04434 5 463404654 5 51%05134 -635 54534045% 5 45 044% 5 46%046% 5 51%051% 483 04 81 4 79 04 784234 0 42% 42H 0 4234 HOLT PpAY 6 5 4554 045% 548 04434 5 46X04654 5 5154 05134 477 480 4234 0 4234 4234 0 4234 7 5 45%045% 5 45 04434 5 46%04634 5 51%051% 477 480 4234 0 42% 42% @4234 28--- 5 455404534 545 04434 5 465104634 55134(35134 480 477 4256 0 42344234 0 4234 SUN DAY 9 5 4554(#45% 5 45 @44345 463404634 5 5134©5134 0 477 480 4234 0 42344234 0 4234 5 4554 @453-45 443404454 5 461104614 5 5114051, A 4 861404 844 831408014 427te 0 4214 4211180 4234 2___ 5 45%045% 3___ 5 45%04554 4___ 5 45%04554 5 453404534 6-.... 5 453404534 7--- 5 45%045% 545 545 545 545 545 545 Denmark Kroner 1 2 3 4 5 5 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 26.80 26.80 26.80 26.80 26.90 26.90 637 637 637 637 637 637 635 635 635 635 635 635 5 16 X 51634 51634 5 1634 5 1634 51634 51$ 51.5 511 5 15 515 515 636 636 636 636 636 636 835 635 635 635 635 635 51634 5 1634 5 1634 5 1634 5 1634 5 1654 515 5 15 515 5 15 5 lb 5 15 636 636 636 636 636 636 635 635 635 .635 635 635 51634 51634 51634 51634 51634 5 1634 515 515 515 515 515 5 15 636 636 635 5 1634 51634 5 15 5 15 636 630 630 11 636 630 635 635 635 6 1634 51634 5 1634 5 16 515 5 15 635 6.35 5 1634 5 1654 5 15 515 Spanish Pesetas Russian Rubles Norway Kroner Berlin Reichsmarks Vienna Kronen Bankers' Checks Cables Bankers' Cables Checks Bankers' Sight Bankers' Sight Ex change Sight NO QUOTATIONS 14 14 14 14 14 14 . 15 15 15 15 15 15 19.85019.90 19.05020.00 19.80019.85 19.90019.95 19.73019.80 19.80019.90 1.9.75 19.85 19.95 19.85 19.85 19.93019.95 14 14 14 14 14 14 15 15 15 15 15 15 19.85 19.95 19.85 19.95 20.00 20.10 20.08020.20 20.16020.30 20.07020.15 20.15020.23 20.05020.07 20.15 14 14 14 14 11 14 15 15 15 15 15 15 19.98020.00 20.08020.10 19.97020.00 20.05020.10 19.98020.00 20.05€1120.10 19.95020.00 20.02020.08 20.05 19.97 19.97020.00 20.05020.08 11 14 15 15 20.00020.05 20.10020.15 20.05 20.14020.15 14 14 14 15 15 15 14 14 15 15 SUN DAY 27.60 27.70 NO QUO27.70 TATIONS 27.70 27.90 27.90 SUN DAY 26.60 26.90 28.60 28.90 27.60 . 27.90 26.60 26.90 28.60 28.90 27.60 27.90 26.75 27.00 28.75 29.00 27.60 27.90 26.75027.00 27.00027.25 28.75029.00 29.00029.25 27.75028.00 28.00028.25 26.90 27.15 28.80 29.10 27.90 29.10 26.90 27.15 28.80 29.10 29.10 27.90 SUN DAY 26.90 27.15 28.80 29.10 27.90 29.10 26.85026.90 27.10027.15 28.85 29.10 27.85 28.10 27.00027.20 27.20027.40 29%00029.30 29.20029.50 28.00028.30 28.20028.50 26.75027.00 27.00027.20 29.00029.20 29.251529.4027.751528,00 28.00028.25 26.80 27.00 29.00029.10 29.25029.30 ,27.80 28.00 26.80 27.00 29.20 29.40 27.80 28.00 SUNDAY 26.85 27.10 29.25 29.50 28.00 23.25 27.1254 29.25 29.50 28.25 26.8754 28.00 IIOLI DAY 29.25 26.8734 29.50 27.1234 28.00 28.25 26.8754 27.1254 29.1254 27.8734 28.1254 29.3734 27.1234 26.8754 29.1234 27.8734 28.1254 29.3734 SUN DAY 26.85 27.15 29.15 29.35 28.20 28.00 26.8734 27.1214 29.1214 29.3734 2St On 2A.28 26.50 26.50 26.50 26.50 26.60 26.60 Bankers' Cables Sweden Kroner Dec. Bankers' ‘ Checks Cables Bankers' Checks Cables Sight 28.20 28.20 28.20 28.20 28.30 28.60 28.50 28.50 28.50 28.50 ,28.60 28.90 27.30027.40 27.30027.40 27.30027.40 27.30027.40 27.60 27.60 Bankers' Cables Bankers' Checks Cables 20.05 20.00 20.00 20.13 20.10 20.10 20.00020.05 20.10020.13 20 05 20.13 19 NEW YORK STOCK EXCHANGE MONTHLY AND YEARLY RECORD The following tables furnish a complete record of the New York Stook 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 Exohange. We give bonds first, using the classification adopted in the °Meal Hat. The black-faced letters in the column headed "iniorest Period" Indicate In each case the month when the bonds mature. In accordance with the rule adopted by the New York Stook Exchange In 1909, all quotations for interest-paying bonds are at a price to which accrued Interest must be added. The exceptions to the rule are Income bonds and bonds on which interest is in default. This method of quoting bonds became effective January 2 1909. or AP1',/c) bog-no/es Co gables son lug paql of bonds and Iasi page 5/ etoeilg BONDS—PRICES AND SALES FOR DECEMBER AND FOR THE YEAR 1918. N BONDS PerI' STOCK EXCHANGE iod. Sales in Year 1918. Price about Jan. 2 1918. U S Government Securities 3%s 181 Liberty Loan__ 10:32-47 J -D 129 261000 98.60Sale 48 let Liberty Loan__ _1932-.47 J -D 22262000 97.02Sale 4s 2d Liberty Loan ____1927-42 M- N 353 663000, 97.20Sale 4s 1st Liberty Loan__1932-47 J -D 119020001 43is 2d Liberty Loan __1927-42 M- N 2161690001 1928 M- S 407 578000, 430 3d Liberty Loan 438 4th Liberty Loan_ __ _1938 A -0 205 715000, April 1930 Q - J 318,000; 96% 97% 2s cons reg 18,000, 06% April 1930 Q - J 2s cons coup 1925 Q - F 142,000, 104 105 4s registered 58,000, 104 105 1925 Q - F 48 coupon 6,000, 96 Pan Can 10-30-yr 28_Aug 1936 Q - F 33,000, 1936 Q - F Registered 16,000, -N Q 96 regis_1938 Pan Can 10-30-yr 28 4,000, 80 1961 Q -M Panama Canal as 3,000 -M Q 1961 Registere State and City Securities New York City-4%8—.1960 M- S 615,000 451s Corporate stock _._ 1964 M- S 348,000 345,000 43-is Corporate Str.ck _1966 A 57,000 430 Corporate stockJuly1967 J- J 113ts Corporate stock __ 1965 J- D 1,409,000 1,478,000 s Corporate stock-1963 M1959 N 349,000 4° Corporate stock Corporate stock_..._ 1058 M - N 132,000 4% Corporate stock __-_1957 M- N 113,000 26,000 Corporate stock ___1956 M- N 1957 M- N 364,000, New 4,413_ 573,000; stock.... Corporate 1987 M-N 43% 96,000 3%%, Corporate stock_ _1954 M -N 4,000, 1961 Slew 'York 8tate-48 22,000 Highway Inapt 4%s____1963 M- S 4,000 Highway Impt 43s_. __1968 M- S 10,000 - J Canal Improvement 4s__1961 26,000 Canal Improvement 45.._1962 - J 18,000 Canal Improvement 40..1900 .1 - J 20,000 J Canal improvel 4).48_ _1964 J 41,000 J Canal Improve't 43j8_1968 J 88% 97 88 100 88 90 93% 95% 94% 99 87% 85% 86 90 85% 94% 95% 95% Sale 83% 102% 101 09 96 105 101 Foreign Gov't Securities Amer Foreign Secure 58_1919 F - A 14728000, 95 Sale A -O 76251000, 88% Sale Anglo-French 5-3 ear 5s 70,000 80 Argentine—Internal Se of 1909 m- 83 Bordeaux (City of) 3-yr 6s.1919 M- N 9,350,000' 84% Sale Govt— Chinese Imperial 67% Hukuang By sterling 59_1951 J D 160,000; lisp of Cuba Se ext debt-1904 M- 14 131,000, -013% Sale 47,000; 92% 95 Si ext debt eel A of 1914 1949 - A 7,000' 72% 87% -. _1949 F - A 4546 external 838,000 93 g 8E1-.1921 A :08U_96% Dominion of Canada 816,000 00% Sale 1026 do. . A Do 1931 A - 1,725,000! 89 Sale do. Do French Republic 2-yr 830_19111 A -0 30741000; 94% Sale 430 1928 F - A 328,000' 90 90% Imp Japaneee Cloy 1928 J 2d rerles 4%e_ J 398,0001 90 91 1,281,000, 77 Sale do German clamp —19:11 J 19,000, 74% 7434 Sterling loan te- Lyons (City of) 3-year Os_ .1019 M- N 8,879,000: 85 Sale Marseilles(City of) 3-yr 68.1919 M- N 8,289,000' 85 Sale ("I 13 of Mexico external gold 1 55,000, 42% loan of 1899 sinking fund Sc Q- J 8,000; 35 4a gold debt of 1904.......1984 .1 -D 16335000; 83% Sale Paris (City of) 5-year ea....1021 A rrov of Alberta debt n 4%5 1024 F - A 1 Tokyo City lean of 1912 58.._ M- 1,046,000 69% Sale United King of fit Brit & "Ire 1 1919 M- 14 20313000, 95% Sale 3-year notes 83.s M- 14 215270001 91% Sale 5-year notes Convertible notes 5%s_ 1911) F - A 33988000 98% Sale 20-year gold bond 5%8 1937 F - A 146,000 Railroad Bonds Alabama Mid See Atl Coosa Sum See Deldalud rAlbany Allegh & West. See Buff It & Am Dock & Imp. See CentorN J 39,000 Ann Arbor 1st g 4s_ _July 1995 Q Atch Top & 8 F—Gen g 48_1995 A - 0 3,068,000 1998 -0 21,000 Registered Adjustments 4s_ _July Igo Nov 117,000 egfetered 1,0001 _._July 1990 Nov .July liov. Stamped -N 499,000 80-year con" gold 45_ _ 1980 J -D 178,0001 Cony 4$ issue of 1910_1960 J -D 295,0001 8,000, East Okla Div 1st g 45_1928 M Rocky Mt dlv let de A__ 1968 J - J 5,000' Short Line let 411 gold...1988 I - J 109,0001 48,000 Cal-Ariz let tt ref 4%8_1962 MS Fe Fres & Phe lot g 56_1941 M- S Allan Knox. it No. See L & N 465,000 All Coast L let g 4e_ _July 1082 MGeneral unified 434e_ _ __1964 J -D 309,000 Ala Mld let guar g 8s__ _1928 M- N 8,000: Bruns & W let eu g 45..1938 J- J 3,000 Dec. 2. Dec. 31. ILowest. Lowest. Highest. Bid. Sale Prices Ask.I Sale Prices. Ask. Bid. 97.20Dec. ; 7 99.60Dec. 30 09.00Sale 99.50Sale 95.90Sale 93.00Sale 92.20Dec."20 95.90Dec. ; 2 92.60Dec. 26 94.60Dec. 2 94.56Sale 93.00Sale 96.30Dec. 27 98.00Dec. 3 97.80Sale 96.58Sale 96.50Sale 93.80Dec. 27 97.82Dec. 2 94.96Sale 96.60Sale 94.00Dec. 30 96.88Dec. 2 96.40Sale 96.78Sale 94.00Dec:30 96.90Dec. 2 95.34Sale 98 98 98 98 Dec. 5 98 Dec. 5 98 106 106 105 Dec. 27 105 Dec. 27 106% 106% 98 98 98 88 88 98 88 88 Highest. Sale Prices, Sale Prices. 97.20 Jan. 31 102.50Aug. 22 92.20Dec. 20 98.500ct. 10 92.60Dec. 26 100 Nov. 8 93.80Aug. 17 99.000ct. 10 93.10July 31 98.14Nov. 1 94.00Dec. 30 99.10May 1 94.00Dec. 30 98.10Nov. 1 , Jan 29 99 July 3' 97 973% April 10 983% Aug. 7' VI Aug. 105 Feb. 1 107 105 Feb. 6,107 Aug. 21 98 June 241 08 June 24 973% Feb. 21 983% Aug. 973% Feb. 21 99 July 23 85 June 21 85% Oct. 25 85 May 23 89 Sept. 27 98% 99 97.% Sale 96%'Dec. 28 983% Dec. 9 87% April 18 983% Nov. 29 98% 99% 97% 97% 963% Dec. 28 99% Dec. 6 87% April 22 99% Dec. 6 98% 98% 903% Sale 97% Dec.'24 993% Dec. 31 873% April 19 99% Nov. 30 102% 103 101% 102 102 Dec. 17 102%'Dec. 9 102 Dec. 17 103% Nov. 25 102% 103 101% 102 101 Dec. 27 102% Dec. 3 933% April 18 103% Nov. 13 102% 103 101% 102% 102% Dec.' 26 103 Dec. 3 93 April 18 103% Nov. 14 93% Sale 923( Dec. 30 94 Dec. 9 85 April 18 94 Dec. 94 Sale 92% 93% 923% Dec. 30 94 Dec. 21 85 April 22 94 Dec. 2 93% 94 92% 93% 93% Dec. 10 93% Dec. 10 85 April 10 033% Nov. 25 92% 93% 92% 85 Jan. 3 903% July 31 102% Sale 101% 102 101 Dec. 30,102% Dec. 6 933% April 19 103 Nov. 29 102% 103 101% 102% 101 Dec.'30i102% Dec. 13 933% April 23 103% Nov. 13 84% 84% 843% Dec.114 85 Dec. 9 76 April 24 85 Nov. 13 83 97% 98 98 99 July 25 99 July 25 107 104 Jan. 10 810734Feb. 27 107 100 June 1 101% May 28 97% 101 April 25 983% July 10 94 101 97% Sale 97% Dec. 2 97% Dec. 2 97 Oct. 30 98% Aug. 8 97% 94% April 25 97% Oct. 30 98% 107 105 Jan. 11 1083% Aug. 5 106% 98 102% Dec. 3 102% Dec. 3, 102% Dec. 3 104% June.12 99% Sale 96% Sale 89 100 Sale 99% Sale 96 15-16Dec21 100 Dec; 26 96% Sale 963% Dec. 2 97% Dec. 27 893% 89 Dec. 7 89 Dec. 231 101% Sale 100% Dec. 2 101% Dec. 30' ?.:13 70 67 70 Dec:17 70 Dec. 19 68 71 95% 95 Dec$11 96 Dec. 20 95 92% 92% 81% Dec. 26 82% Dec. 30 85 82 85 82 97 Dec.'20, 98% Dec. 21 97% 97% 983% Sale 96% Sale • 963 % Dec. 2 973% Dec. 27 97 Sale 3 Sale 97% 96.% Dec. 20, 983 Dec. 4 97% Sale 104% Sale 103% Dec.- 2 105% Dec. 27 103% Sale 87% 88% 86% 87 i86% Dec$26 87 Dec. 13 86 86 Dec. 13 88 Dec. 7 88% 87% Sale - 85% Dec.'27 87% Dec. 2 753% Dec.c18 475% Dec. 18 '175% 75% 100% Sale 101 Sale 100 a Dec. 2 101% Dec. 261 % Dec. 26 100% Sale 101% 101% 100 Dec.,e.2 1013 re 66 70 A4 Dec. 26 64 Dec. 26, 62% 43 55 57 99% Sale 98% Sale 983% Dec. 9 99% Dec. 26 82 82% 81 99% Sale 98 Sale 101% Sale 58 59 56 58 87% Sale 83% Sale 82 72 79% 75% 78 86 82 73 78 77 85 75 85 98 00 85 90 90% 93 83% 82% 68 84 74% 80% 80% 82% 85% 85% 90 93 88% 100 82% 84% 85 __ 92% 745.6 87% RANGE FOR YEAR 1915. PRICES IN DECEMBER. 89 88 84% 85 96 89 80 Sale 100 Sale 98% Sale 101% Sale 101% Sale 81 99% 97% 100% 100% 043% April 88% Jan. 78 Jan. 84 Jan. 40 Jan. 25 64 Des. 26 40 Oct. 14 53 Nov. 25 813% June 13 993% Oct. 19 Jan. 271 95% Jan. 30 91% Jan. 3 973% .Tan. 31 100% Dec. 59 57 57 Dec. 27 59 Dec. 4, 51 84% Sale 83% Dec. 27 87% Dec. 2 79 82% 80 80 79 Sale 79 Dec. 31 80 Dec. 17 71% 733% 78% Sale 78% Dec. 31 81 Dec. 13 70 76% 77 753% Dec. 16 76 Dec. 23 71% 95 Dec. 31 95% Dec. 6 82 95 Salo 92% 93 913% 82% 79 78% Dec. 31 86 Dec. 5 743% 78% Sale 85 85% Dec. 27 853% Dec. 27 79 93 84% Sale 87% Sale 96 80% 89 Dec. 26 Dec. 27 Nov. 18 Nov. 7 533% Mar. 26 72 Nov. 13 9034 Jan. 8 100 May 27 903% Jan. 25 94% May 23 80 Mar. 18 84 April 22 933% April 23 99 Nov. 14 90% Jan. 2 973% Nov. 12 88% Jan. 3 99 Nov. 14 94 Jan. 4 105% Dec. 27 8034 April 18 92% Jan. 31 83% May 2 92% Jan. 31 77 Jan. 2 90 Nov. 15 733% June 28 76 Feb. 14 84 Jan. 4 102% Nov. 7 84.. Jan. 3 103 Nov. 12 Dec. 9 81%,Dec. 9 68 Dec. 10 100 :Dec. Dec.', 3, 993% Dec. Dec. 20101% Dec. Dec. 24 101% Dec. 9 100 2 973% 8 893% 4 102 84 '" Dec. 20 8634- Dec.'30 77 84% Dec. 20 87%.Dec.;31 74 953% 78 3 82% July 4 100 3 99% 2 105 24 101% July 26 Sept. 27 AprIl 16 April 8 June 19 Sept. 20 Oct. 9 April 17 Aug. 26 June 2C Oct. 10 Mar. 27 8 Dee. 27 Dec. 20 Nov. 15 Dee. 311. 64% Nov. 12 90 Nov. 8 853% Nov. 30 Nov. 9 81 73% June 19 82% Nov. 9 87 May 16 963% Nov. 19 91% Aug. 26 79 June 20 86 Dee. 6 85% Nov. 20 July 8 893% Nov. 15 Oct. 10' 893% Nov. 12 June 4, 98% Nov., L8 Oct. 9 78 ,Oct. gto 20 BONDS-STOCK EXCHANGE RECORD BONDS Int. Per- Id Y STOCK P.XCHANCiE iod. Sales in Year 1918. Prsce about Jan. 2 1918. PRICES IN DECEMBER. Dec. 2. Bid. Atlantic Coast Line (Con.) -j Chant & Say big L & N collat gold 45_0ct 1952 M-N 745,000 1,000 Nov Fla W 11g 68112 lot gold 58 Allan & 10IanY. Sae Soutten Attalla & N W. See SO Pacific & O--Pr lien g 3348_102, J - j 816,000 24 ' Registered QJuly 1948 A -0 1,864,000 Gold Is Registered Q00-year convert 4348_1933 114- 1,897,000 1,413,000 Refund et gen 5s ser A__1995 J _ Fitter June 1st g Os_ __ _1932 j - j 27,000 Pitts Jet & M D 1st g 334e '25 M- N PLE&WVaSys ref g 48_ _1941 M- N 145,000 j 300,000 0 W Div lot gold 330_1925 00 Reorg 1st con g 43,58 1930 M- S 21,000 Clore Lor W con is; g 5s '33 A -0 Mon R lot guar gold 58.1919 P - A Ohio RI. RR let g Cs__ _1930 j - D 1937 A _ 1,000 General gold to 4,000 Mt.Cloy dr Tot lot g Flo_ 1922; A -0 OtatIal Ity lot gii g 434o 1042' _p 7,000 Tol CM lot & ref 43 Ser A1959 j reach Creek 13es N Y C & II 11 4 eUev So Carotid. ties Ill ,17.11 eIivia lt y lot 51 Bran. So West. See AU Coast L 3,000 _1937 M- S Neff R So P, geu, g, Cons& 431s_ -195 M-N Allegh & West,ist X, ell 40'98 A -0 1943 j 014 Mali let gu g, 58 8,000 Hoch & Pitts!) 1t g, 6s 1921 P - A 19221 - D Coulon, lot g, Os 8,000 Oarl R & No. Sao C R I & Pae 76 Sale 86 Sale 81 30 23 97 51 25 8 00% Sale Sale Sale Sale Sale 77% 84% 78 Sale Sale Prices. 91 Dec. 24 84 Dec Dec. 10 7334 Sept. 17 87 96% 95 80 9334 9334 Aug. 3 963i June 28 88 May 17 88 May 17 9934 Mar. 6 99% Mar. 6 66% Dec. 4 68 Dec. 5 5734 Sept. 17 68 00 72% 86% 87% 88 00 88% 107 108 10634 9934 100 Sale 102 Sale Nov. 27 Mar, 15 9934 June 22 101 May 13 103 1431Y. 0934 April 9 10334 April 18 9-1 Dec. 5 9634 Dec. 31 843,5 9934 Sale 100 9334 94 92 Nov. 13 Oct. 4 8734 Dec. 30 Mar. 2 83 Nov. 8 Sept. 27 883-4 Nov. 12 8734 Dec. 30 8734 Dec. 30 81 75 Dec. 26 783.4 Dec. 27 72 8634 Dec. 26 88 Dec. 7 80 99% 107 87% 76% 86% 100% 101 95 6934 Oct. 3 8134 Nov. 14 108 Dec. 16 108 Dec.. 10 9 8534 April 18 9234 Nov. 19 95% 89% 99 95% 89 99 Sept. 20 100 Nov. 12 823-4 Nov. 21 84 Nov. 15 85 9934 Dec. 2 9934 Dec. 2 9635 April 25 9934 Dec. 2 93 Dec. 12 9494 Dec. 27 85 July 6 94% Dec. 27 • % Nov. 7 7234 Nov. 7 723 90 May 7 90 May 7 7334 86% 87% 91% 8434 86% 8 % I) C. 11 8894 Dec. 1:i 83 1013/ 8 105 101 Dec. 30 106 Dec. IS 100 106% 100 9934 Dec. :1100 Dec. 7 9794 9934 100 8:1WAug. 22 July 16 -June 27 88% Dec. 13 May 2 10834 Nov. 15 Sept. 23 104 Feb. 7 Oct. 2 100 Dec. 7 April 6 100 April 6 03 75 70 75 91% 91% 10134, 9834 993/8 99 101 65 Jan. 22 6734 Aug. 20 80 April 1 94 July 16 Dec. 18 10134 Dec. 5 9494 Aug. 7 1013-4 Dec. 5 Nov. 12 Jan. 18 86 Sale 8234 83 7834 Dec. 2:3 8334 Dec. 9 72 82 Sale 87% Sale 76 77 68 81% Sale 89 Sale 76% 68 8) .1:.--Nov. 12 793,5 Dec. 27 823-47Dec. 6 6534 Jan. 17 -. 87 Dec. 27 89 Dec. 31 76 Jun. 18 9038 Nov. 12 Nov. 22 Nov. 22 75 75 76% 6834 72% 90 68% 75 92% 73% 82 9234 73% 53% 62 41 Sale 99% 101 78% 80 88% 82 99 98% 9234 8034 90 99% 99% 93% 55 40 75 71% 8534 Dec. 31 8834 Dec. 10 8534 Sale 82 9934 999. Dec. 6 (e)% Dec. 6 98% 99% 9234 94 93 Dec. 30 9434 Dec. 19 Sale 28 28 65 Sale Sale 62 Oct. 25 75- 76 62 553-4 Dec. 30 5534 Dec. 30 50 Feb. 15 :18 Dec. 27 4194 Dec. 10 3534 April 18 Sale 9734 Jan. 20 99% 77 ;34 Dt c. 26 7934 Dec. 1 3. Oct. 1 82 Sale 30% 21 21 30 99% 8434 75% 68 7534 70% 74% 75 90 56 56 9535 102 101 993- 81 75 78 65 72 85 82 75 79 79% 68% 77% Sale Prices. 80 88% 87% 78 Sale 79 8735 86% 87 89% 95% Sale 87 33 29 30 29 101 100 84% 73 74 75 90 Highest. Sale Prsces. 7734 Dec. 30 8534 Dec. 11 759/ Sept. 5 88 Nov. 13 81 Dec. 30 88 Dec. 2 7534 Oct. 3 9234 Nov. 12 Sale Sale 80 81 Sale Sale 3934 100% 99% 107 77% 92% 87% 76% 86 9935 105 101 0934 10734 101 54% 42% Sale 99 101 73% Sale 6534 81% 83% 76% 0934 Sale 05% 92% 91 Lowest. Sale Prices. 89% Dec. 66% 67% 65% 68 --_ Ohio Ind & Lou--Itet, lg. 081947 3 - .1 35,000 Refunditig, gold, 8s 1947 J - 3 Rofuuding 48, Series C.._ 1947 3 Ind & Louis, let gu Si...198(1 3 - J Sala Ind & Sou-50-yr 45_1080 J - .1 able LB & East-lot 43-48_1969 J -1) kic Milos & St PaulGen, g, 4s, Ser A__May 1080 - .1 281,000 Permanent 48 1925 J - D 540,000 Oen & ref series A 438_2014 A -0 2,838,000 Gan ref cony Her B 56 ___2014 F - A 1,001,000 Lien g, 334., Ser B_May 1980 3 - J 23,000 General 434s, Sor C May 1989,J - J 176,0001 OS-year debenture 4s_19341.1 J 165,000; Convertible 434o 1932 J D 2,107,0001 CS & L Sup DP,g, 5s....1921 J - J 3,000; Ci & Mo 111. Lc, J 10,000; CU ot P 5, let, g, 55 1921 J - J 158,000, C M & Puget 8 log get' Se '49,3 36,000, Dubuque Div lot a f 8s_ 1920.3 - J 5,000 largo & So, ass., g, Os.... 1924 J - J 1 lei La Crease So D, J 1,000 Were & M Inn DIY, g, Se_ 1021,3 - 31 28,000 Ifis Val Div lit o f 68 19204 - 3 2,000 11 Nor let est 4348-. 19:34 -D' 24,000 Cons 4,1 ,the . _ 1034 J -DJ 35,000, 91% 89% Sale 91 Highest. 111 78% 7934 7834 Dec. 31 80% Dec. 108 108 Dec. 16 108 Dec. 1 93% 83% 84% 80% Sale 85 88 92% 83% 8934 8034 76 75 85 Sale 87 85% 85% 94% 91% 80 90 10034 Ask. RANGE FOR YEAR 1915. Lowest. Dec. 31. Ask. Bid. 78% Sale 8334 Sale 1962 A -0 156,000 81 ran Sou con got A 54 9534 1982 A -0 4,0 Registered Ultb es Shawn. Soo Ill Central 1 OarOlina Cent. See Seab Air L CarolinaCilnch&Ohte let 581938 I: 17,0001 80 Curling. & Ad. See N Y C & El 11 SlitdRIaF&N. Se BCR&N Cilotral Branch. Bee Mo Pacific (Antral Ohio. Bee Bait & Ohio Nov lug ' 0,'vrit of Ga-lit g pi 25,0001 95 229,000 85 Couool, gold, ilo 8834 11 1945 M- N Reglotered 1,000 1- 5034 79 Chat Div pur money,g,4.51 J - D 1,000 Mac & Nor Div, lot, g, 5.'46 j j Mid Gs, & AU Div 58_1947 J - J 10134 Moline DIY, lot, g, 58_1946 2,000 -8334 92 ego RR&B of Ott-C'ol g 55,'37 51- IN 21,000 82 953.4 antral of N J-Clen g, 58_1987 J - j 269,0001 1033.4 10634 July 1987 Q j Registered__ 26,000I 10034 102 71,000 9734 100 Aria Dock&Inip Co gu 88,1521 j .1 R gen gu, g, 5s_1920 j I sli as 5,000 9434 10134 (13 Y & L Br, Len, g, 45_194/ M92 gmutral Pacific. 8,is So Pate Co ent Vet let, ge, g, 48, May1920 Q - p 7,000 55 65 %Nies & 0-Fund h Imp 5E1_1929 29,000 77 86% 193i M- N 274,000 0634 98% lii cons, gold, Si Registered 1930 M -N 96 1992 M- 8 563,000 75 Sale Cleneral, gold, 4341 Registered 1992 M20-year convertible 430_1930 F - 2,445,000 70% Sale 40-yr cony 55 secur bonds 1946 A -0 8,389,000 78% Sale 1944 J - D 131g Bandy, lot, Ss 4,000 78 Coal Riv By lot, gu, 48_1948 J -D Craig Valley, 181, g, 8o 1940 j j Potts Creek Br lot 411_1046 J 70 & A Div,!glean*, so, lege 4,000 70 82 310 con gold. Si 1980 J -J 66 8234 18 arm Opt Val, let g, 58_1941 M- 8 06% tireonbr By lot ga, g, 48,1940 M- N 011ie & Alt Bit-Ref g 38_1049 A -0 119,000 ',Aiwa', lot lien, fr, 3348 1950 3 - J 580,000 Deny D is,'22 P - A 9,000 Olic Burl & Blinds Division, 334o__ _11)49 J 188,000 Registered 1949 J - j Illinois Division, 48 1049 .1 - 3 183,000 Registered 1940 3 Iowa Div sink fund, 58_1019 A - 0 37,000 Milking fund 411 1919 A -0 24,000 Visbraska Eaten, 48 1027 51-N 122,000 Registered 1927 M-N 5,000, 45, joint bonds. Bes Gil Nor General fin 1938 M- S 880,000,1 Cale & E Ill-Ref & irnpt g 48'85 J - .1 219,000' Trust Co ctfe of deposit 180,000 lot cons, gold, es 1934 A -0 11,000, tioneral cons, lot, 58 1937 M- N 10,000' Registered 1937 M- N U M & Tr Co etfs dep___ ___ 5,000 do do stamped 2,000 Guar Tr Co ctf of dep__ _ 13,000 na money let coal 514_1(42 11-1-A _1Lih ec Ind Coal By lit Si 19:36 j blc Gt Weal-ist 00-yr 481059 M- S 2,433,000 I 110% 100 7034, 72% 79% Sale 107% 99% 9234 9334 89 [Vol,. 108. 80 100 7835 5534 4734 9934 793-4 Dec. 3() Jan. 7, Feb. 8 Dec. 11 80 --Sept. 18 -8834 _Dec. 10 98 07 8934 91 Dec. 30 87% Dec. 6 78 25 22 Dec. 24 100 Dec. 24 98 72 999-4 0934 9534 91 Oct. 3 Oct. 18 Nov. 9 Mar. 12 Sept. 27 89 April 1 3034 May 8 30 Mar. 8 101 Aug. 20 72 Nov. 12 Nov. 27 Aug. 13 Mar. 20 Aug. 20 May 4 Jan. 19 Sept. 19 Mar. 12 70 Feb. 1 753-4 Oct. 28 7234 Oct. 17 7234 Oct. 17 Nov. 14 Nov. 14 75 75 74% 90 6034 Dec. 26 66 Dec. 2 54 Fob. 18 60 Nov. 12 98 Feb. 19 101 Oct. 29 100 82 65 813,5 80 Sale 75% 80% Sale 85 86 73 Sale 76% Sale 86 88% 80 Sale 66 69 6634 70 87% 86% 88% 83 75 75 74% 80% 72 75 76 83% Sale 78% 9434 97% 98% 98% 8834 98 98 9534 100 9434 08 98% 98% 98% Sale 85 79% 80 77 78% 101 3. 99% 100 100 104 104 96% 100% 98% 10834 103% 93% 101 98% 98% 99% 101 97% 99 99 05 89 8834 81 88 8834 7634 90 773-4 80 70 80 Dec. Dec. Dec. Dec. 30 30 31 31 80 ' Dec.'Y 2 8634 Dec. t 5 7734 Dec. 13 88 Dec. 3 883-4 76 75 9794 Dec. 19 Dec. 24 Dec. 30 Dec. 27 893-' Dec. 1:3 7634 Dec. I() Dec. 3 8 9 % Dec. 27 08 Dec.;19 99 7034 Dec.%12 80 Dec. 4 Dec. 7 7 ji Aug. 20 82% Nov. 9 7694 Jan. 17 883-4 Nov. 12 Nov. 7 0434 Jan. 14 81 74 June 17 94 Nov. 9 66 Sept. 20 66 Sept. 20 77% Oct. 3 8934 Dec. 13 Nov. 12 66% May 2 81 7134 Feb. 27 89 Nov. 0 97 Jan. 31 9794 Dec. 27 92 July 8 94 Feb. 18 9534 April 30 10034 Nov. 22 7434 July 25 80 Nov. 8 9734 Aug. 13 9035 May 16 98 9834 Dec. 23 !. xi Dec. 23 95 97% 90% Dec. 9 9034:Dec. • 9 85 90 Dec. 9 913ADec.1117 8134 Jan. 31 98 Sept. 4 100 97% AprIl Aprll 12 00% Jan. It, 0134 Jan. July May Dec. Dec. 31 10 16 9 17 JAN., 1919.] 21 BONDS-STOCK EXCHANGE RECORD -71 BONDS PerV STOCK EXCHANGE sod. N Chicago dr Northwesternxtension 45......_1886-1926 I,- A Registered ........1886-1926 F - A 1987 M- N General, gold, 34a Registered. Nov 1987 Q - F 1997 NI- N General 49_ 1987 M- N Stamped General lis stamped ____1987 NI-N fun 61879-1929 A --0 Slaking Registered- -----1879-1929 A --0 Sinking fand 5s_ _1879-1929 A - 0 Registered __ _1879-1929 A -0 Debenture 6s________1921 A -0 1921 A -0 Registered Slinking fund deb 51.......1933 M - N 1933 NI- N Registered Des Pines Vol let gu 43.01947 M- 8 Frem Elk & Nlo V let 69_1933 A -0 Man GB&NW let gu 3q3'41 .1 - J Milw dr 13 L lst gu 30_1941 J - J IVILEIAr West, 1st, g, Os 1921 M - N Ext & imp, a f, g, 5s._1929 P - A Ashland Div, let, g, 6131925 M- S Michigan Div, let, tr, Os '24.7 - J MilSpar dr N W letgu4s 1947 M- S SS I, Peo & N W 1st gu 5s1048 I - J Sales in Year 1918. Price about Jan. 2 1918. Chic R I & Pacii gen,g 1983 J - J 417,0001 74% Sale 2,0001 78 Registered-----1988 J - J _1934 A -0 3,650,000, 68% Sale Refund gold 4n 64 R I Ark & L 4%s rec__1934 NI- S 493,000 26,000, 96% Burl0 R & No-gold 5e_1934 A -0 96% 08 C R I F & N W,gu,g, fin 1921 A -0 M & St L, 1st gu, •;, 78_1927 J -D 3,000 90 Choc Okl&G gen. g 59.0ct'19 J - J 3,000 1952 M-N Como',gold, 5e 96,000 60 Kook dr Des M, 1st, 5s_ _1923 A -0 6114 Et P & K C Sh L 1st 4%s 1941 P - A 395,000 60 Chic St L dr N 0. See Ill Cent Chic St L & Pitts. See Penn Co Chic St P M & 0,cons 6s_1930 J -D 116,000 10051 112 13,000 78 Cons Os, reduced to 314_1930 J -D 58,000 803- 92 Debenture 50 1030 M- S ! 100 North Wisconsin let 6;3_1930 J - J 27,000, 997 103 St P dr S City, 1st g 611_1919 A -0 1,000 84% Superior S L 1st 5s, June 1930 M -3 80 1,000 Chic T H & S'east lst tis....1060 J - D 18,000 103% 104 Chic dr W I gen, g, Os_Dec 1932 Q -M 1952.7 - J 370,000 64 Sale Consol 50-year 49 Choc Okl & G. See C R I itc P 80 Cln Ham & D 2d g. 444-1937 J -J CinFin&FtW,lstgug 43.1923 M- N Day & Mich let con 4%81931 J - J 1,000 Cin Iud St L dr C. See CCC&StL Cin San & Cloy. See CCCArStL Clearfield dr Mahon. See BR&P 0 C C dc St L gen g 4s.___1993 J -D 272,000 62 Sale 30-year debenture 4341_1931 J - J 165,000 70% 83 101 Gen as Series B 15,000 1993 6314 81 Cairo Div, let, gold, 48_1939 J - I Cin W & M Div, 1st, g, 48 191 J - J 70 6,000, 51 74 St L Div, 1st coil tr g, 4s 1990 M- N 33,000; 58 71% Registered 6,000 1990 NI- N 65 See & Col Div, lit, g, 49-1940 NI- 8 62 W W Val Div, 1st g, 41_1940 J - J Chi I fit L dr C,cons tia__1920 M-N 4,000 1007 105% 88 85 First gold, 4s____Aug 1936 Q - F Registered.. ___Aug 1930 Q - F Chi S dr CI, C01111 bit g 51_1928 J - J 8314 CI C C & In geu con,g,61234 J - J 3,000 Ind BI & W, let pre, 43_1940 A -0 59% 800 I dr W, 1st pf, 5s_Apr 1938 Q - J Poor & East let cons 41_1940 A -0 124,000 47 Sale Income 49 1990 April 55,000 10% 125 Cleve Lor & W. See Bolt dr 0 Cleve dr Mahon Vail. See Erie Cleveland dr Pitts. See Penn Co Cleve Short L-1st gu 4141 1961 A -0 43,000 83% 80 Colo & Southern let g 45_1929 P - A 391,000 83 87% Refunding dr ext, 458_1935 M-N 2,172,000 72% 733 F W & D City-lst g 68_1921 J -D 43,000 95 08 Colum & Hock V. See Hock Val Col Conn dr Term. See Nor&W Conn & Pas Rive, let g 4a_1943 A -0 84 Dubs RR lit 60-yet Ss g19521 - J 86 ----- & Waco. See Mo K & T 5°°' elaware Lack dr WesternMor.& E.1stgu,3 145_2000 .7-i) Nj1( L & W,lst, Os 1921 -.7 Construction 5a 1923 -A Term & improve't 45_192:3 - N War RR 1St ref gu g 31482000 F -A Dec. 2. Lowest. Dec. 31. Delaware dr Hudson1st lien eq 15-yr g 4%1 1922 J - J 21,000 lit refunding •ta 1043 M-N 428,000 Convertible 5s 1935 A- 0 587,000 Alb & Snag, cony 3118_1946 A 94,000 liens & Saratoga 1st 78_1921 M-N 12,000 Del Riv RR Bdge. See PennRR gen dr R0-1st cons,g, 4211936 J - .7 1,444,000 Congo' gold 4141 1936 J - J 146,000 Improvement gold, 51_1928 J D 89,000 First & refunding 5s 1955 F - A 818,000 Trust co certfs of dep_ 25,000 RloGrJunc,lst,gu,g,51_1939 -D 93 89 1003. 68 68 76 51% 83% 103 95% 93 82% 100 98 97 110 97% 94 9914 97% Dec. 20' 98 98 100% 98 Dec. 24' 98 110 Dec. 4,110 96% 77% 110% 60 95 94 J uly 24 9414 July 24 Nov. 18 96 Nov.13 96 Mar. 12 93 Dec. 27 Dec. 27 95 100 Jan. 9 100 Jan. 9 Dec. 24 92% Oct. 7 98 Dec. 24 94% May 14 97 Nov. 15 • Jan. 14 110 Dec. Dec. 4 101 98 93 101% 101 98% 98% 102 105% 103 105 106% 103 106% 80% 87 80% 89 99 94 102% 94 81% 81% 79 Sale 80 77 7514 Sale 7514 Sale 73 70 72 71% 93% 96 9214 90 97% 98% 75 92 65 68 69% Sale 100% 82 90% 104 99% 88% 61 103% 66% 95% 92 65% Sale 71 70 96 82% 75 83 84 68% 79 85 69 65 75% 70 7414 68 99% 82 71% 79 78 7534 69% 67% 7614 70 74% 68% 99% 101 82 90% 105 71% 92% 107 72 55 19 72 81 90 593'è 56 90% 89 87 81 Sale 99% Sale 90 88 79 99 65 65 95 73 102 Sale 9514 89% 96 90 74% Sale 73 80% 83% 85 6114 Sale 62 54 92 82 June 18 1021-4 Mar. 21 Oct. 16 98 April 3 10234 May 20 102% May 20 73 July 10 76% May 23 92 Aug. 20 9814 Nov. 13 Nov. 13 May 14 Nov. 7 Nov. 29 Feb. 13 Dec. 39 815" Dec. 7 72 71% Dec. 17 6234 Dec. 19 62 Dec. 21 953,4 Sept. 26 May 14 Mar. 26 Feb. 18 Dec. 13 65 69 95 93 1 Dec. 191 69 Dec. 4 57 Dec. 5, 715' Dec. 24 59 Feb. 13 100 May 23 93 Mar. 7 70 Jan. 3 72 Feb.-if May 24 Nov. It Nov. 12 92 Dec. 18 97 102 Jan. 14 112 81% June 4 83 Dec. 31 85% Mar. 1 97 Nov. 14 Sept. 26 Dec. 31 100 Dec. 6 100 79 75 Dec. 13 76 701 Dec. 26 73 05.-2 Dec. 13 96 10731 112 83% 97 Sale 104 99% 100 90 68 104 102% 104% 67% 65 Sale 111 95% 9514 97 86% 87% 88 96 Sale 44 79 70 102% Sale 72% 77 53% Highest. Sale Fries.. Sale Prices. Site Prices. Ask. Sale Prices Ask. Bid. 92% Dec. 9 92% Dec. 9 89 Jan. 22 92% Dec. 9 91 95 Dec. 3 95 Dec. 3 8514 Aug. 5 95 Dec. 3 92% 94 80 72 Dec. 27 75 Dec. 13 6634 Aug. 19 75 Dec. 13 72 75 71 Oct. 16 71 Oct. 16 % April 22 88 Nov. 13 87% 81% Sale 813/i Dec. 21 873-i Dec. 10 797 7931 Oct. 4 8234 Sept. 9 82% 82 Aug. 27 103 Feb. 26 Dec. 27 9934 Dec. 102 looq 1003/i 1005/i May 24 104 May 24 104 10231 1023/ Dec. 30 101 62 Dec. 27 67 Dec. 6 9914 95 58 Dec. 13 103 Dec. 3 62 8431 71% 8011 73 96 8 . Nov. 7 1003.( Feb. 2. May 22 95 May July 26 58 July June 26 105 July Nov. 4 70 Nov. II - 79 Nov. 6 79 Nov.-1 71% 713 Dec. 30 7134 Dec. 30 59 Jan. 23 • 7454 Nov. 15 80% 80 Dec. 14 81% Dec. 6 6551 April 3 8314 Nov. 13 80 April 2 8651 Aug. 11 8714 80% 62 63 67 May 7 May 23 65 Nov. 29 April 11 76 July 2, 7111 June 13 100% 92 99 Sept. 23 99 Sept. 23 106 Nov. 25 106 Nov. 23 59 545-g Dec. 10 59 16% 90 Dec. 27 Sale 8734 Dec. 19 79% 78 Dec. 30 100% 99% Dec. 2 Dec. 23 40 July 9 62 NOV:ii 1234 May 71 1634 Oct. 23 91 Dec. 89 Dec. 81 Dec. 093j Dec. 24 11' 2 2 8334 Sept. 19 823j Jan. 26 66 Jan. 19 96 Jan. 9 Dec. 24 91 Nov. 18 91 8231 Nov. 13 9931 Dec. 2 95 DD 25,000 73% 93,000 100% 9,0001 95 5,000 8714 Lowest. gioheet. ••••11 Bid. I $ 92% 4,000 88% 92% 6,000 833. 73 1 69,000, 70% 744 3,000' 8014 86 294,0001 79 81% 90 16,000 30,000' 102 102% 101% 102% 1,000 09 104 1 07% 1,000 99% 102 96 3,000 92% 96% 14,000 95 103 100 10,000 14,000 9311 97% 97 9714 97 5,000 90 77% 76 106% 12,000 99 60 52 883 9,000 1003 15,000 97 99 1,000 99% 25,000, 7031 85 33,000, 93 104 RANOE FOR YEAR 1918. PRICES IN DECEMBER. 74% 101% 95% 91% 96 102 Dec. 2 102 92 Dec. 18 92 7334 Jan. 18, 7514 April 18 Dec. 41 100 Oct. 81102% Jan. 14 95 Aug. 15 98 Feb. 14 Dec. 18, 92 Dec. 18 935j Jan. 8 9351 Feb. 28 944 Nov. 21 95% 85A 85% 18451 Dec. 24 87 Dec. o 79 Sept. 17 8854 Nov. 13 8554 April 29 9814 Nov. 12 18 Sale Dec. ' 073, 9534 Dec. 28 9714 75% 80 7634 Dec. 30 7634 Dec. 30 71 April 2 7714 Nov. 14 10115 Aug. 21 10354 Sept.31 103 73% 72 Dec. 26 7414 Dec. 2 6034 Jan. 17 71 76% 80% 77 Dec. 24 77 Dec. 241 68 Jan. 10 70 Aug. 27 80 8 58% Sale 5834 Dec. 31 61% Dec. 2 48% Feb. Sept. 11 50 56 52 92 82 77 80 90 83 56 Nov. Nov. 1, Nov.11 Nov. 12 Oct. 21 •••••••••111 BONDS-STOCK EXCHANGE RECORD 22 Int. PerY STOCK EXCHANGE iod. BONDS N Sales (a Year 1918. Price about Jan. 2 1918. [Vol,. 108. PRICES IN DECEMBER. Dec. 2. Dec. 31. RANGE FOR YEAR 191$. Lowest. Highest. Lowest Highest. Sale Prices Sale Prices. Sate Priced, Sale Prices. =MI Deny & R G-(Concluded) Rio Or Sou, lit, g,41-1940 J -J Guaranteed 1940 I - J Rio Or West, 1st, g,48_1939 I M & coil tr, g, 48,SerA,'49 A DeeM & Ft D. See M & St L & Mack, lit lien g 48_1995 J -D .Gold 48 1996 J -D Detroit River TunnelDs{ Term Tunnel lit 4341'el M-N Dul Missabe & Nor gen 58_1941 JDal& Iron Range. lit 55_1937 A Registered 1937 A Duluth Short Line. See Nor P Dal So Shop & Atl. g,88 1937 J - J 164,000 65 129,000 52 Ask. 72% 73% 7234 Dec. 27 733.4 Dec. 2 63 68% 7334 Sale 56% 59 55 Dec. 28 59 Dec. 23 50 Sale 63 l .634 ' 75 67 6734 78 89 89 Aug. 26 75 Nov. 26 April 15 6134 Nov. 8 231,000 72 79 8334' 83% 81% 83% 83 Dec. 13 8334 Dec. 3 73 April 26 83% Nov. 29 97 8,000 92% 99% 9334' 1 96% June 7 97% May 22 23,000 86 101 95 ,.100% 91 100 9434 Dec. 14 9134 Dec. 14 9431 Dec. 14 10031 Nov. 3 4,000 81 ;at 85 Vass of Minn. 8.e SP M &M &mast Tenn Reor lien. Bee So Ry lad Tenn Va & Ga. See So Ry 13,000 85 102 Elgin Jot & East, 1st g 88_ _1941 M- N 69,000 99% 103 Drie-lit consol, gold, 78_1920 M- 8 N Y & Erie lit ext,I,41 1947 M-N 3,000 73 98% 2,000 92% 2d, ext, gold, 5s 1919 M- S 6,000 8d, ext, gold, 4%s 95 1923 M- S 4th, ext, gold, Si 91% 1920 A -0 8th,ext, gold, 41 1928 J - D YLE& Wirfund. 71.1920 M- S 5,000 96% Iris let con g prior 4s 1996 J - J 468,000 67 Sale Registered J-J 1st consol gen lien g 41 1996 J - J 1,814,000, 57 Sale Registered 73 J-J 1 Penn coil trust g 82% P - A 142,000, 60-yr cony g 48 Ser A_1953 A -0 1,129,000, 48 50 Do do Ser B_1953 A - 1,451,000, 49 Sale Gen cony 40 Series D_1953 A -0 3,124,000, 56 Sale Chic & Erie 1st gold BS__1982 M-N 46,000 100 Cie, & Mahon Val g 58_1938 J - J 1 Erie it Jersey 1st s f 88_ _1955 J - J 124,000 95 97 Genessee RivRR 1st s f 6s '57 J - J 6,000 103% Long Dock cons gold 68_1935 A -0 2,000 10034 109 0& RR Co ist cur gu 6s 1922 M- N 1,000 103 D & Impt Co 1st extd Si 1943 .1 95 J NY&Greenw L guar g Si 1448 M-N 85 NYStisq&W 1st ref g 56_1937 J 64,000 70 79 J Second gold 4348 1937 P - A General gold Ss 11,000I 1940 F - A 65 Terminal 1st gold 5s 1943 M-N 5,000 Mid of NJ let ext 58 1940 A I 74 94 Wilk dr East 1st gu g Bs_1940 J -D 15,000 60 77 uris & Pittsburgh. See Penn Co lv & Ind 1st con gu g 88_1926 .1 - J iv & T H-1st cons g 68_1921 J - J 97 lit general gold Bs 1942 A -0 Mt Vernon 1st gold 81_1923 A -0 Sall Co Brch lit g 5s 1930 A -0 Vargo & Sou. Bee Ch M & St P la Cent & P. See Seab Air L Is East Coast 1st 4348_1959 J -D Fort St U D Co 1st g 4%8_1941 J - J Ft W & Rio Or 1st g 4s 1928 J -J Ask Bid. Bid. 45,000 86 80 80 90 99 101% 101% 100% 8034 97% 9634 100 98% 90 96% 99% 96% 8734 81 100 100 70 76 73 59% Sale 82% 52% Sale 52% Sale 57% Sale 96 100 86 101% 102 87 102 105 90 85 85% 7534 78 55 82 .Jan. 18 87 102 90 June 21 99 10134 10034 Dec. 1110034 Dec. 11 100 April 4 10134 78 April 22 78% 9634 Mar. 11 9634 9334 Jan. 11 95 101 71 Sale 77% 85% 47% Sale 46% 48 52% 52% 9534 96 85% 10034 July 3 1003% July 3 Mar. 25 79 Nov. 12 7034 Dec. 30 7534 Dec. 3 65 53 Dec. 30 60 86 47 4634 50 9134 Dec. Dec. Dec. Dec. Dec. 12 26 27 26 19 86 5334 53 5834 96 Dec. 2 4934 Jan. 18 6434 Nov. 12 Dec. Dec. Dec. Dec. Dec. 12 (3 12 3. 171 75% 42 4234 48% 82 Feb. 5 Jan. 24 Jan. 24 Feb. 9 Sept. 25 86 58 59 62 06 Dec. 12 Nov. 13 Nov. 12 Nov. 12 Dec. 17 99 Dec. 6 103 Dec. 13 108 Dec. 41 98 1 06 Dec. 13 108 103 Oct. 25 103 Aug. 14 98 Dec. 13 103 Jan. 14 103 Dec. Oct. Dec. Jan. 78 Dec. 3 80 Dec. 26 74 Jan. 21 81 Oct. 8 Dec. 31 97 60 97 June 28 at Dec. 31 97 April 16 Dec. 31 71 62 Feb. 9 -57- Oct. 14 97 Nov. 8 97 Nov. 8 55 Sale 52 97 86 67 60 99 97 65 100 73 97 100 65% 70 95% 83 92 83% 92 55% Nov. 18 Nov. 21 Oct. 4 Mar. 11 Jan. 10 108 87 102 108 90 86% 86% 80 Sale 97 92% Marl 8 97 Dec. 31 4 24 13 14 82 Dec. 26 83 Dec. 26 81 May 4 83 Dec. 26 80 Dec. 12 80 Dec. 12 80 Dec. 12 90 Dec. 12 56% nal H & San A. See Be Pae Co Ala. See Seab Air Line Galv bus & Hen 1st 5s__1933 A -0 75 81 1,000 70 87 81 75 Cia Car & Nor. 8.96 Seab Air L Georgia Pacific. See South Ry Gila V 0 & N. See Sou Pac Co Gov't & Oswegat. See N Y Cent 95% Sale et Nor-C B & Q coil tr 4s 1921 J - J 11233000 9334 Sale 9534 Sale Registered July1921 Q - J 171,000 9134 lit & refund 434s Ser A_1981 J - J 230,000 83 89 9234 85 9734 92 Registered 1961 J - J It Paul Minn & Manitoba89% 93 Como! mortgage 4s___1933 J - J 54,000 8134 9734 8734 111 1st consol gold 80 7,000 9934 113 10 1933J - J 08 5A 106 Registered 1933 J - J 9934 Reduced to gold 4348_1933 J - J 40,000 94 99 92341033i 94 103% 90 99 Registered1933 J - J 85 99 89 . 99 Mont Ext 1st gold 48_1937 J -D 74,000 7934 89 8934 1 9034 87% 83 85% Registered 7834 89 85 1937 J -D 76% Pac Ext sterling gu 48_1940 J - .1 7634 83 A Ry M No Div 1st g 40_1948 A -0 3,000, 83 101% MInneap Un 1st g 6s____1922 .1 - J 1,000, 9934 10034 110% Mont C 1st gu g Si 8,0001 9934 1937 J - J 10834 108% Registered 107 1937 J - J 99 lit guar gold Si 1937 1 - .1 5,0001 9934 98 96% Registered 9634 1937 J - J 2 Will & S F 1st gold ils___1938 J -D 97% 9134 9731 /ireenbrIer Ry. See Ches & 0 g Bay & W deb cis 79% 7931 A ($100 par) Feb 79341 8% 834 Debenture ars B (par $100) Feb 47,000, 734 9341 8 9 8234 MUM let ref & ter Si g Feb '52 J - J 83 47,000, 7431 80 I 7834 8134 Registered Feb 1952 J - J !Jock Val lit con g 00_1999 J - J 192,000,1 78 83% 85 Sale 84 Sale S a Registered 84 1999 1 - .1 5,000, Col & H V lot eat g 48_1948 A -0 7634 1,000, 8734 7534 Col dc Tol 1st eat 45 76% 7,0001 6734 Sale 7434 1985 P - A Housatonic. SeeNYNIlec H H & Tex Cent. See So Pao Co I Hoag Belt & Ter lit 8s--1937 J - J 83 95 2,000, 95 82% 85 1 TIMI1011 Central-lit g 411_1951 d 90 93 30,000, 87 95 3 4 Registered 69 93 93 1951 J - I it gold 3%8 73 80 3,0001 76 l 90 1951 J - J 72 1 90 70 Register ed70" 1951 J - J 73 Extended Is; g 3%8____105 A -0 7234 5834 70 Registered .195/ A -0 , Ist gold 38 sterling 1951 M- 8 Collateral trust gold 48._1952 A -0 79 84 84,000 73 81 790 86% 75% Registered 1952 A -0 kit refunding 48 82% 84 84 1985 M- N 651,000 8634 69% 75 Purchased lines 3%8___195 J - J 9,000 75 743( 73 OW trg 4111,NOct T-_1953M-N 396,000 74 81 81 8134 77% Sale Registered 7434 84 1,000 70 80 7434 84 195 M- N Cairo Bridge gold 48 79 2,000 10 J - D 78 80 6034 Litchfield div lit g 36_1951 J .- J 55 60 Loi'v div & term g 3%1_1953 J - J 7634 12,000 71 6434'17634 71 limIstered 1953 J - J Middle Div regis 58 77 99 100 1931 F - A Omaha Div lit k; 36 59 3,000, 55 1981 F - A 66 St Lou Div & term g 38_1951 J - J 69% 3,000' 57 82 61 66 70% Gold 3348 83% 11,0001 1951 1 - .1 70 8334 8334 64% 1951 J - .1 64% 65 81% Div let g 3%8_1951 J - J 65 79% 1 western n Lines 1st g 48_1951 F - A 20,000 77 8034 77% 82 I Registered 1951 F - A %fte & 834,4(9)3 7 41 12 8' NO, rZl I % Dec. 9 92 Mar. 25 9634 Nov. 7 9534 Dec. 4 963 01% Mar 94% Nov. 1 Dec. 27 9234 Dec. 4 85 Sept. 25 9234 Nov. 27 89 86% Mar. 2 8934 April 22 106 Oct. 9 111 Nov. 14 9434 Dec. 23 9131 Dec. 23 913( Aug. 10 95 90 Dec. 13 00 Dec. 13 8134 Jan. 16 90 May 1 Dec. 13 80 Nov. 4 80 Nov. 4 looyi May 13 10034 May 13 10434 Sept. 23 108 Nov. 14 9234 Mar. 26 95 8% Dec. 26 83 Dec. 17 83 Dec. 19, 7 Dec. 17 75 Aug. 8 May 2 9% May 14 June 13 83 Jan. 11 83 Dec. 24 85% Dec. 7 71 Oct. 2 86 Nov. 14 7334 June 12 7534 June 25 7334 Oct. 18 7334 Oct. 18 6734 Jan. 2 75 Feb. 28 85 Dec. 3 85 Dec. 3 85 Dec. 3 85 91 Dec. 13 9134 Dec. 16 87 Mar. 6 95 Jan. 14 7531 Oct. 22 77 July 18 7234 April 3 80 Dec. 11 7934 Dec. 10 80 Dec. 11 Dec. 6 7734 Aug. 30 70 Mar. 14 7734 Dec. 31 8134 Dec. 13 71% July 9 72 Feb. 26 78 Nov. 20 8334 Dec. 30 85 87 71 82 72 78 Dec. 3 Nov. 14 May 13 Nov. 9 Feb. 28 Nov. 26 6434 April 25 7334 Nov. 4 5831 April 12 58% Apr 12 62 Feb. 25 62 Feb. NI 63 Feb. 7 65% Aug. 1 80% Dec. 3 8034 Dec. 31 75 Oct. 28 80% Dec. 3 J AN. 23 BONDS-STOCK EXCHANGE RECORD 1919.] lni. PerY STOCK EXCUANUBI iod. BONDS Sales in Year 1918. Price about i Jan. 2 1918. RANGE FOR YEAR 1918. PRICES IN DECEMBER. Dec. 2. Ask. Bid. Bid. $ Illinois Central-(Cone.)107% Belle & Carond lit 6s.....1923 J -D 72% Carb dr Shaw lit 4s g___1923 M- S 97 90 12,000 Ch St L & N 0 gold 5s-1951 J -D 2,000 1951 J -D Registered 63% 23,000 1951 J -D Gold 354s 1951 J -D Registered 94% 92% 94 Joint let ref ser A 5s....1983 J - D 201,000 90 82 2,000, 68% 90 Memphis Div 1st g 49..1951 J - D 77% 80 70% 1,000 S M1931 4s g gu let So L St lad B1 & W. See Ci C dr St L Ind Dec & W. See Cin H & D 98 80 71% 98 Ind Ill & Ia 1st gold 4s_...._1950 5 - J 54,000 8934 94% 95% 96% Intern dr(It No-lit g 68.._1919 M- N Iowa Central. See Minn dr St L jack Lana & Sag. See Mich Con 90 78 72 78 1959 J -D *Names F & Clear 1gt 48 R. Sae LEWIS Wall All & a.an & Mich. See Tol & 0 C KOFtS&M. See St L E F K C & M Ry & B. See StL&SF K 0 dc Pacific. See Mo K & T 85 63 Kan City South lit g 3s_1950 A -0 115,000 58 Sale 1950 A -0 Registered 86 84 Apr 19503 - J 928,000 77 Sale Ref &imp 55 81% Sale Kansas C Term lit 4s........1960 J - J 990,000 78 Sale Kentucky Central. See L dc N P fieeCRI& M. Kook & Des Knoxville & Ohio. See Sou Ry Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices Sale Priies. Sale Prices. Dec. 31. Ask. 721,4 99% 99 943-4 Sept. 19 98 Feb. 28 90 Oct. 18 90 Oct. 18 6534 July 11 6534 July 11 65% 94% 94 94 71% 77% Dec. 14 95 81% 98 95% 96% 9534 Dec. 13 96 Dec. 11 8534 Jan. 21 96 Nov. 15 7034 Oct. 10 7034 Oct. 10 80 Feb. 19 80 Feb. 19 Dec. 10 90 Jan. 24 93 Dec. 10 80% 90 63% 65 6234 Dec. 30 65 86 85 80% Sale Dec. 19 87 Dec. 24 82 84 80 Dec. 13 58 Jan. 2 65 Nov. 25 1 Dec. 10' 7334 Jan. 24 91% Nov. 9 Dec. 111 713-4 Sept. 18 8334 Nov.,13 89% 90 893-4 Dec. 11 893-4 Dec. 13 78 Jan. 18 92 Mar. 11 90 89 85 53,000 70 ak B & W lit gold Si 1937 J - J 85 80 75% 1941 J - J 24 gold 5s 80% Oct. 1 80% Oct. 1 85 80 91% 1,009 North Ohio lit gu g 50_1945 A -0 L Sh & Mich So. See N Y Cent Oct. 2 9434 Jan. 21 84% 95 90 95 90 95 -J 52,000 85 Leh V (NY) let gu g 00_1940 J 8434 93 84% 93 78% 93 1940 J - J Registered 1 81% Nov. 1 July 74% 271 Dec. 10 Dec. 09 80 81 80 80 8034 90 N 63,000 Leh V (Pa)gen con g 43_2003 MDec. 20 97% 89% 91% 8934 93% 91 Dec. 7 92 Dec. 20, 85 Oct. 7 92 Dec. 25,000' 2003 M-N Gen consol 434s 26 103 19 Sept. 261 96 Dec. 103 103 26 Dec. 9734 107% 1073-4 112 101% 4,000 Leh V Ter Ry let gu g 53_1941 A 1 100 1941 A -0 1 9734 Sept. 13 10334 Nov. 12 Registered 5 Dec. 27 Dec. Sale 102% 102 102 Sale 1033.4 5,416,000 Lehigh Vail RR coil tr 6s 1928 3 Dec. 27 9634 Mar. 13 101 Jan. 2 99% 100% 9934 Dec. 27 99% 99 101 13,000 101 Sale Leh 'V Coal Co 1st gu g 53_1933 J- J 1 1933 J - J Registered 79% 79% , 100% First int reduced to 45-1933 J- J 70 July 2 70 July 2 72 79 1,000 Leh & N Y-let gu g 49-1945 M- S M- S Registered Leh & Hud R. See Cent of N J Long Dock. See Erie 9134 April 5 95 Nov. 30 96 100% 98 100% 17,000 94 105 Long Iii let con g 5s..July 1931 86% 87% 75 lit cons gold 4s___July 1931 7134 June 11 81 Dec. 2 2' Dec. 2 81 81 Dec. 81 81 Sale 75 15,000, jj D 1938 Gen gold 45 85 Sept. 13 85 Sept. 13 88% 98 1922 M- S 98% 88% 98 1,000 Ferry gold 434s 1932 J -D Gold. 4s 1 71 June 13 78 Nov. 30 8634 Sale 79 78 78 9,000 1949 M- S Unified gold 43 97 Jan. 10 97 Jan. 10 80% 88 77% 88 1,000, 1934 J -D Deb gold 5s 77% 7634 Dec. 23 7734 Dec. 13; 70 July 8 7834 Nov. 25 77% 78% 76 75 1937 M-N 424,000 20-year temp deb 5s.. 79% 7734 Dec. 26 79 Dec. 19; 72% Aug. 9 84 Nov. 12 71 81 77 75 51,000, 1949 M- S Guar ref gold 45 94 94 Dec. 19 94 Dec. 20, 91 Dec. 20 91 Dec. 20 95 2,000, NYB&MBcong 53_1935 A -0 98 90 94 Dec. 13 94 Dec. 13, 923-4 April 17 91 Dec. 13 97% 92 104 6,000 N Y tt Ro Bch lit g 5s...1927 M-S 90 94 90 93 NShBch lit con gu Ss Oct'32 Q1 90 93% 87% 91 Dec. 3 91 Dec. 31 8734 Jan. 18 91 Dec. 3 91 87% 8 1927 16,000 85% 88 Louisiana & Ark lit 58 La Western. See So Pacific 1 112% Dec. 23 103 Dec. 23, 103 Dec. 23 111 Oct. 31 108 108 115 108 14,000 107 109% Louise'& Nashv-Gen g 8s 1930 J -D 1 93 Sept. 28 100 Nov. 2 100% 102 100% 105 17,000', 97 1937 M-N Gold Si 89 siq Dec. 31 89% Dec. 9 81 Sept. 26 90 Nov. 15 89% 88% 8634 Sale 86 1940 J - J 539,000 Unified gold 41 83% 83% 83% 1940 J - J Registered 93 Sept. 10 99 Jan. 17 99% 102% 100 101% 99 65,0001 1931 M- N Coll trust gold Si 10034 Aug. 20 1003-4 Aug. 20 100% 1,000' 99% 1919 J -D E H & Nash 1st g 8s April 17 87 April 17 87 95% 91% 95 90 98% 81 1,000', Louis Cin & Lox g 4%1_1931 M- N 21 8,000 98% 112 104 107 104% 107% 10434 Dec. 21 10434 Dec. 21 100 Sept. 28 10134 Dec. 1930 J - J NO&Mlstgas 100 93% 9114 9334 J -J 1930 2d g 8s 89 78 81% 7634 89 89 1946 P - A Pad & Mem Div 4s 100 Oct. 22 10134 Aug. 30 100% 10,000, 10034 10034 1921 M- S St Louis Div lit g 88 3734 July 26 5834 Mar. 9 55% 13,000, 4954 56% 5434 S 1980 2d gold 3s 21, 74 April 1 83 Nov. 21 Dec. 9 83 Sale Dec. 83 82 33 79 82 71 86,000 1955 M-N 4s An Knox & Cin Div g 8 9534 July 20 95 94% 94 3,000: 873. 1 Nov' 28,103% Atl Knox & No let g 5s 1948 -D Sept. 6 102 Aug. 4 113 101% 113 1013 18,000, 995 Hend'sonBdge let if Os g1931 M- S 41 78 Nov. 8 May 73 83 80 83 78% 79 19,000, 70 Kentucky Central g 40_1987 J - J April 17 96 26, Aug. 90 101 92% 101 94% 92% 91,000; A Lox & E 1st 50-yr 58 gu_1965 83 Aug. 16 85 Oct. 10 96% 87% 96% 88 15,000 78% 96 L&NMob&Mlst g 4341_1945 M- S June 22 81 683-4 April 85 82 673% J J 70 5,000 4s....1952 L&N-Sou Mon joint July1952 Registered 1 95 Aug. 291 9634 Jan. 4 93% 2,000 95 101% 92 N Fl & Shot let gu g 50_1937 84% 8334 Npt&CinB gen gu g 434s 1945• - J 1 8155 Dec. 1910234 Feb. 18 Dec. 10134 10134 104 19 10134 Dec. 104 A 99 F 8s...._1921 6,000, 191 10134 10134 Pens dr Atl lit gu g 99 April 22 99 April 22 9434 106 98 106 10,000, 93 100 & N Ala con gu g 50-_1938 F - A Jan. 11 93% Jan. 11 933-4 96 91 8634 0 943-4 A 5s....1983 3,000, Gen cons gu 50-yr 60 July 29 60 July 29 68% 68% 4,000 57% Lou&JeffBdge Co gu g 4s1945• S 9--: Lishoning Coal. Ses L S&M So ivianito S W Colonis g 5s_1934 J -D Manila RR-Sou lines 4s._1936 M- N McK'pt&BVern. SeeNYC&HR Ilex Interns, let cons g 48_1977 M- S Stamped guaranteeol....-1977 M- S Michigan Central. See N Y Cent Mid Term lst g s f 58_-__1925 J - D MU L S & West. See Chic & NW Mil & North. See Ch M dr St P Minn & St L 1st gold 78_1927 J -D Pacific Ext let gold 8s--1921 A -0 1934 M- N lit cons gold Si. lit & refund gold 4s____1949 M - S lit dr ref lis Series A_ ---1962 .7 DesM & FID lst gu g 48_1935 - P Iowa Cent 1st gold 5s-1938 J -D Refunding gold 4s........1951 MMinu&StLgu. ilesBCR&N II St PdeSSM con gold 4s J stpd payment of int gu_-1938 .) 1938' 1st cons 5s hf St P&SSMde Cent Term lit Chic Term s f 4s...1941 M- N S S M & Atl lit gold 45 stpd payment of int gu1926 J - J Minneap Un. See St P M dr M Mississippi Cent 1st 5s........1949 .7 - J kto Kan & Okla. SeeMK&T Mo Kau & Tex-1st g 48_1990 J -D 2d gold 4s.....-June 1990 F - A let extension gold 5s....__1944 M- N lit & refund mtge 4s____2004 M- S Trust Co cts of deposit ___ 1936 J - J General s f 434s Trust Co Ws of deposit_ St Lou Div lit ref g 48-2001 A Dal & Wa 1st gu g 5s......1940 M- N Kan C & Pac lst g 48_1990 F - A Mo K & E lst gu g 50_1942 A Mo K & Ok lit gu 58_ ... 1942 M-N 9- 80 80 101% 3,000 104 77 80 44,000 61 50 456,000 44% Sale 47% 46,000 40,000 78% 80 872,000 44% Sale 191,000, 83 25,000 100 102 102 101% 99 101 80 78 80 52 45 Sale 50% 44% 50 81 81% 86% 79 4134 46 49 Sale 84% 87% 88% 87 98 98 101 90 619,000 262,000, 1,000 91,000, 14,000 119,000 33,000 62 Sale 32% 40 39% 42 49 49% 31% 34 35 28 33 4,000 11,000, 35 6,000 58 34 34 1 104 Feb. 27 33 Dec. 6 8934 Dec. 14 80" Sept. 19 90 9434 Aug. 14 102 Nov. 14 Nov. 12 73% 36 41 44 47% 37 37 30 60 70 38% 58 62 87 100% 73 9434 Dec. 18 9434 Dec. 18 943-4 Dec. 18 913% Dee. 18 90 90 72% 35 27 41% July 713-4 Sept. 17 793 May 24 45 Dec. 30 52 Dec. 31 41 Jan. 25 533.4 Nov. 12 17 Dec. Mar. 13 5034 Nov. 15 40 6 503-4 47% Dec. 80 Dec. 26 833-4 Dec. 11 7554 Feb. 5 833% Dec. 11 45 Dec. 21 49 Dec. 2 4034 April 17 52 Nov. 12 88 68 5,000 84% 91% 89% 95% 94% 96 94 101 68 37 35 43% 47% 26% 37 36 26 30 67 30 30. 41 60 38 71 58 72% 67 Dec. 26 693-4 Dec. 10 603,4 April 17 303-4 Dec. 30 353-4 Dec. 6 28 April 1 32 Sept. 6 40 Mar. 27 May 27 41 Dec. 17 41 Dec. 18 41 13 12 Dec. % Dec. 2534 July 9 325 3434 3234 Dec. 12 323% Dec. 12 25 Aug. 14 ----, 50 36 74 Nov. 2 37 Nov. 2 32 Sept. 46 Nov. 14 42 May 29 343-4 Dec. 13 3234 Dec. 12 Oct. 10 60 Oct. 14 April 17 53 Nov. 1 Sept. 10 733-4 Nov. 30 24 BONDS-STOCK EXCHANGE RECORD I. - 1.4 Y STOCK BONDS Int. PerEXCHANGE iod. Mo Kan dr Tex-(Concluded) MKAT of T 1st gu g 5ri 1942 M- S Sher Sher dr So 1st gu g Ss'43 J -D Tex & Okla let gu g 5s__1943 M- S Sable in Year 1918. Price about Jan. 2 1918. 127,000 49 Sale 14,000 40 Sale Missouri Pacific (new co) 1st dr refund 5s Ser A _ _1965 F - A 253,000 1st & ref 5s Ser B_ _Jan 1923 F- A 333,000 let & refund 5s Ser C__1926 P - A 157,000 General 4s 1075 M - S 3,126,000 Mo Pac-let consol g 65_1920 M- N 176,000 40-year gold loan 45 1945 M- S 2,000 ad 78 ext at 4% 1938 M- N Boonv St L4Az S 1st 5s 1951 F - A Cent Br 'U'n Pac 1st g 48_1948 J -D Pac R of M let ext g 4s_..1938 F - A 21,000 24 extended gold 5s_ _1938 J - J St Louis Iron Mt dr SouthGen con ry Jr Id g 5s 1931 A -0 279,000 Gen con stp,1 gii g 5s_1931 A Unif Or ref gold 4s 1920 J - J 483,000, River & Gulf thy 1st g 4a'33 M- N 361,000, VerdigrisVIAW 1st g 5s_1926 M- S Mobile A Birm. See South Ry Mobile dr Ohio new g 68_ __ 1927 J - D 1st extension g 6s July 1927 Q - J General gold 4s 1938 M- S Montgom Div 1st g 58_1947 F - A St Louis Division 5s___ _1927 J - D St L & Cairo gu g 4s_ ___1931 J - J Collet trust 44. See Southern Mohawk A Mal. SeeN Y C & YI Montana Cent. See St P M & M Morgan's La&T. See So Pac Co Morris dr Essex. See IY L & W Cart & Ad 1st gu g 4s___1981 J -D Gouv & 0 let gu g 5s___ 1942 .1 -D Moh dr Mal 1st gu g 4s__1991 M- S N J June R gu 1st 49_1986 P - A NY dr Harlem g M-N Registered 2000 M-N N Y ik North lst g 5s___1928 A -0 NYdrPut 1st con gu g 45_1993 A -0 Pine Creek reg guar 6s_ _1932 J - D R W &0 con 1st lis_July 1922 A -0 PRICES IN DECEMBER. Dec. 2. Ask. Bid. Ask. 59 50% 59 65 66 30% 50 30% 50 89 Sale 94% 94% 91% 93% 65 Sale 99% 100 Y Chic dc Sta. 1st g 4s.1937 A -0 Registered 1937 A -0 25-year debenture.4s_1931 M-N West Shore let 4s guar..2381 J - J Registered 2361 J - J N Y C Lines equip Ss 1919 M- N Equip tr 454s Ser K__ 1920 J - J N Y Connect let gu 454s A 1953 F - A N Y & Greenwood L. See Erie NY&Har. SeeNYCAHR N Y Lack dr West. See D LAW 89 Salo 93% 95 91% 93% 62% Sale 99% 99% RANGE FOR YEAR 1918. Lowest. Highest. Sale Prices. Sal Perices. Lowest. 883'.' Dec. 943'.' Dec. 933/ 3 Dec. 6234 Dec. 9934 Dec. 10 9 12 27 19 8954 Dec. 96 sl Dec. 933.' Dec. 65 Dec. 9934 Dec. 78 80 90% 98 90% Sale 73% 66% 12 14 12 2 14 105% 95% 70 80 85 84 87 76% 85 31 30% 50 60 90 41 30 21 71 Sale 75 66% 70% 70 77% 78% 88 38 76 Sale 70% 85 1,000 92% 12,000 65 99% 29,000 98% 313-1 Dec. 28 38 99% 85 6,000 8,000 158,000 78 74% 91 78 68% 75% 95 76% 101% 08 97% 77% 102% 98% 60% 74% 72% • 80% 83% 85 126,000 82 244,000 82 65 268,000 77% 80 103,000 75 78 70,000 79% 87 Jan. 24 Dec. 12 30 Oct. 30 38 Dec. 12 21 Aug. 26 21 Aug. 28 Dec. 2 69 Dec. 2 60 Dec. 23 973.' Dec. 17 92 Dec. 27 57 Dec. 12 40 Jan. 2 70 Nov. 12 Jan. 16 9754 Nov. 21 Jan. 11 57% Nov. 9 Nov. 12 Nov. 13 Nov. 18 Nov. 290 May 16 Nov. 23 Nov. 1 61 .Jan. 22 714 3 Dec. 9 3 Nov. 14 61 May 25 73% 6254 Feb. 25 693'.' Nov. 26 8654 Dec. 24 8631 Dec. 24 72 Sept. 19 793-1 April 22 5 June 25 953% June 25 95% 3 Dec. 30 7734 Dec. 30 7254 Jan. 14 7734 Dec. 30 77% 9654 Dec. 11 983'.' Dec. 17 9554 Sept. 19 9834 Dec. 17 74% 61% 70 82% 87% 94% 73 74 76 72 72% 89% Sale 8854 8954 88% Sale 88 92 93% 102 105% 102% 95% 94 80% 74% 81% 83% 84 673j June 10 83 60 June 4 63 70 Jan. 15 70 92 Dec. 4 70 71 Dec. 24 91% Dec. 2 82 Dec. 24 8954 Dec. 24 893/3 Dec. 26 90 Dec. 13 8154 Dec. 3 76 - 92 74 Dec. 9 84 82 84 78 71% 72% 82 82% 78% 79% 84% 82 Dec. 26 77 70 72 7154 Dec. 27 80 82 Dec. 10 76% 78% 78% Dec. 9 99 87% 90 86% 87% 88% Dec. 6 89 • Oct. 23 99% Sale 9754 Dec. 26 10154 Dec. 3 013-1 Mar. 25 10354 76% 76% 7654 Dec. 30 78% Dec. 3 69 Aug. 24 823'.' 82 Sale 82 Dec. 30 8554 Dec. 12 77 Sept. 27 8754 71% 71% 71 Dec. 24 7554 Dec. 31 69 Sept. 20 76 72% 6654 Aug. 22 70% 85% Sale 843 Dec. 31 89 Dec. 6 745% AprIl 12 893-.' 79 Nov. 1 79 80% 73 76 68 72% '03 102 104 102% 95 93 80% Oct. 23 78 2 101 65 70% 72% 68% Sale 6834 Dec. 31 71% Dec. 9 65% 72 68% 69% 69% 6954 Dec. 20 693/3 Dec. 20 62% 69% 1,000 77% 85% 853/3 8654 Dec. 24 8654 Dec. 24 83 02 87 87% 63% Aug. 9 10231 June 24 April 11 95 May 16 Aug. 12 71 Nov. 20 95% Oct. 150,000 62 3,000 35,000 61 2 • 78 30 21 94% Sale 8100%Sale 74% Sale 77 79 80% 82% 85% Sale 34,000 68% Jan. 79 April 10 8954 Nov. 15 1 Sept. 13 96 Dec. 14 89% 8554 Aug. 26 94 Nov. 15 555/3 Jan. 14 67 Nov. 8 98 Sept. 11 100 Nov. 19 58 Oct. 16 58 Oct. 16 101 92 65 Sale 69 Sale 67 69 69 94% 97% 97% 96 9731 96 Sale 56 Sale 533-1 54 52 70% Nov. 121 40 98 Sale 96% 98 9554 Dec. 3 9S Dec. 2 90% Jan. 2 98 Dec. 2 81 82% 81 83 Dec. 9 8254 Dec. 14 7254 Jan. 23 83 Nov. 13 8054 75% 76 76% '79% 76 Dec. 10 7854 Dec. 27 6654 Mar. 27 7854 Dec. 27 86 86 100 102 97 100 97% 102% 100% 104% 100% 104% 25 Highest. 63 84% 63 84% 81% 86 82% 86 843/3 Dec. 13 843.1 Dec. 13 7831 April 17 8454 Dec. 13 85 85 105% 103 95% 106 71 80 101 84% 85 84 87 2,000 70% 85 76% 85 26 I Sale Prices., Sale Prices. 49 Jan. 21 58 Nov. 1 30 85 Rutland let cons g 4%5_1041 J - J 12,000 67% 80 Og& L Ch 1st gu g 4s_1948 J - J 4,000 61% Roil-Can 1st gu g 4s__1949 J - J 3,000 70 70% 55 St Law dr Adir let g 58_1996 J - J 82% 2d gold 6s_ 1996 A -0 85 Utica dr Ill Rh'gu g 45__1922 J - J 16,000 97 93 Lake Sh & M 8 g 354s__1997 J -D 180,000 89% 73% 74 743-1 Registered 1997 J -D 14,000 70 67 Debenture gold 4s 1928 M- S 470,000 8354 91% Sale Registered 45 1928 M- S 15,000 15-_year gold 45 1931 M-N 619,000 83% 88% Sale Registered 1931 51-N Kai A OrG R 1st gu c 58_1938 J - J Mahon Coal RR 1st 5s_ _ 1934 J - J Pitts dr L E-2d g 15s_Jan1928 A Pitts McK & Y let gu 6e.1932 J -0 J 2d guar 65 1934 J - J Michigan Central 5s__1931 M- S Registered 1931 Q - M 45 _ 1940 J - J Jack L & S gold 3%5_1951 M- S let gold 354s 1952 M-N 20-year debenture 48_1929 A -0 Dec. 31. Bid. 55 11,0001 102 2,000 16,000 55 Igashv Chatt &St L 1st Si 1028 A -.0 38,000 'Jasper Bch let gold 6s_ _1923 J J Nash !nor dz Sher. See Lou & N Nat Rye Mat pr lien 4%8_1957 J - J 18,000 Guaranteed general 48_1977 A -0 Nat of Mex pr Ilen g 4540.._1926 J - J lit COU201 gold 4s____1951 A -0 6,000 NH dr Derby. SeeN YNIIk N J Junc'n RR. See N Y Cent Newp't & Gin B'ge. See Lou&N New Orleans Term let 4E1_1953 J - J 60,000 N 0 Tex Lir Met let Ser A 6s1925 J -D 215,000 Non-cum income ear A 581935 A -0 1,305,000 N Y B & Man Beach. See L Tel N Y Cent RR cony deb 6s-1035 M - N 10043 000, Consol Ser A 4s 1998 P - A 316,000, Ref &imp 4%s A 2013 A -0 670,0001 N Y Central dr Hudson RiverGold mortgage 33-.'5 1997 J - J 555,0001 Registered 1097 5 - J 20,0001 Debenture gold 4s 1934 M-N 487,000 Registered 1934 M- N 3,000 &J-year debenture 4s 1942 J - J Lake Shore coil g 3%5__1998 P - A Renistered 1998 F - A Mich Cent coil g 33-.'5_1998 P - A Registered 1998 P - A Beech Creek let gu 45_1936 J - .1 Registered 1936 J - J Ski guar gold ifs 1936 J - J Registered 1936 J J licher ex let gu gnis Feb '51 A -0 90 94 89% Sale 85 59% Sale 98% 100 [VOL. 108. 82 April 13 Aug. 12 Oct. 17 April 1 Dec. 24 April 15 Nov. 15 Mar. 15 Jan. 13 94 April 16 76 N1 Dec. 4 73 'A May 28 92%,'4Nov. 5.9 893.1 Dec. 24 92 AINov. 9 April 22 983.' Nov. 20 Aug. 2 75 July 27 Dec. 13 72% April 2 88 Nov. 20 Dec. 26 753/3 April 12 873-1 Nov. 16 72% Dec. 3 61 Jan. 17 74%Nov. 9 82 Dec. 13 7154 Sept. 23 823%)Nov. 15 7854 Dec. 10 70 Oct. 2 80 Nov. 14 Dec. 10 773.' Sept. 19 90 Nov.121 JAN., 1919.] I /al. BONDS PerY STOCK EXCHANGE Oci. BONDS-STOCK EXCHANGE RECORD Sales in Year 1918. PRICES IN DECEMBER. Price about Jan. 2. 1918. a RANGE FOR YEAR 1918. Highest. Lowest. Highest. Lowest. Dec. 31. Dec. 2. -Sate Prices, Sale Prices. Sale Prices. Prizes. Sale Ask. Bid. Bid. Ask. Erie Y L Erie & West. See N Y & Long Bch. See Cent N J Y New Haven & Hartford50 May 15 62 Sept. 5 54 58% 54 55 31,000 Non-cony debenture 33-.s '54 A -0 52 Feb. 27 63 Nov. 18 59% 55 44,000 5931 55 Non-cony debenture 49_19555 23 55 Oct. 2 61 July 8 Dec. 30 Dec. 56 59 59% 59% 593.4 Non-cony debenture 49_1956 M -N 115,000 55 Sale 50% 54% 54 Dec. 17 55 Dec. 9 5131 July 16 60 Sept. 5 95,000, Convertible deben 3%9_1956 J 10 July 30 93 Nov. 23 Dec. 82 94 20 Dec. 91 93% Sale 89% 531,000' 86 84 Sale Convertible debon 6s___1948 J Consol Ry non-cony 4s.._1930 P - A 6 60 July 6 July 60 60 2,0001 Non-cony deben 4s_ ._1955 A -0 3 Dec. 13 7331 Dec. 13 69 Aug. 16 7331 Dec. 13 73% 74 74% 5,000i 62% Harlem It & Pt Ches 1st 49'34 M- N 69 69 B & N Y Air Line 1st 49_1955 F - A 1 60 Sept. 9 69 Oct. 16 23,000 55% 67 74% 55% 66 Cent N E 1st guar 49_1961 j 90% 91 Housaton ItR con g 5s__1937 N 80% 80% NY Pray & Boa gen 49_1942 A -0 58% Sale 52% 52% 5334 Dec. 27 5834 Dec. 2, 45 Mar. 25 6534 Nov. 12 583,000 40 Sale N ¶1 W'ches & B 1st 4%91946 70% 71 New Eng RR cons 4s___1945 60 Providence See deb 49_1957 M - S Prov & Springf let 5s __1922 J 69 69% 68 Providence Term 1st 49_1936 M- 8 Y A Northern. Sae N Y Cent 70% 71 118,000 6531 71% 70 Dec. 24 71 Dec. 24 6334 Aug. 29 73 Nov. 13 Y Oat & W lst g 4s June 1992 M- S Reg $5,000 only___June 1992 NI- S 60 Aprli 13 60 AprIl 13 1,000 65 52% 65 60 65 General 4s.1955 -D Y & Putnam. SeeNYCAz N Y & Rock Beach. See Long Is N Y Susq & Western. See Erie 13 135,000 61 67 69 67% 67% 67 Dec. 23 6931 Dec. 13 60 Mar. 5 oq Dec. 65 Nod Sou 1st & ref A 5a _ _ 1961 81% May 24 8134 April 16 6,000; 81 86 86% 87 90 Norfolk & South 1st g 5s __1941 M - N 9 Dec. 10) 9 18 July Dec. 109 9 Dec. 109 10531 14,000 109 111 109% 111 100% Norfolk & West gen g 69_ _1981 M - N 100% 106 106% Irnprovem't de extg 6s__1934 P - A 18 Dec. 10731 18 Sept. 103 30 Dec. 10731 18 Dec. 9,000 102% 107% 10734 107 New River let gold 69_1932 A -0 84 Dec. 23 8934 Dec. 10 79 Sept. 25 8934 Dec. 10 87% 88% 84% Sale Nor dr W Ry 1st con g 49.1996 A -0 513,000 84 Sale 1996 A -0 Registered -9V)65 78 88 _ T31•31/:: Sale 84 84% 83 Dec. 13 8531 Dec. 12, 71 July 29 8531 Nov. 30 Div 1st & geu g 4s_ 1944 10-25-year cony 49_1932 J - D 10-20-year cony 4s....1932 M- S 10534-Feb. 104% 101% Sale 1013.4 Dec. 31 105 Dec. 19 10331 July 22 1085 Convertible 434s___ _1934 M- S 103,000 105 /g Dec. 6 550,000 107% Sale 10631 Dec. 20 10831 Dec. 6 1053-4 Dec. 20 86% 10-year convertible 6s 1929 Dec. 1 10 31 Oct. Dec. 76 31 8631 Dec. 84 86% 90 36,000 8331 84 Sale 8431 Poca C & C joint 4s_ 1941 J 9731 96% 97 Col Con & T 1st gu g 5s_ 1922 J 80 Nov. 25 8 Oct. 72 80 24,000 7 81 81 84% 831 Selo VANE let gu g 49_1989 M- N Northern Ohio. See L Erie & W 3 Sept. 26 90 Nov. 27 8331 Dec. 30 8834 Dec. 16 79% 2,292,000 4 Sale 87% Sale 84% Sale North Pacific-Prior 4s___1997 Q 7831 June 24 80 May 16 85 29,0001 87 1997,Q Registered 7 April 23 6131 Nov. 12 Dec. 5631 6234 28 Dec. 62% 6031 Sale 1,069,0001 5 61 Sale 831 General lien gold 3s_Jan 2017 58 Oct. 23 58 Oct. 23 56 1,000 52% 66 61% Jan 2047 QRegistered Dec. 31 8234 Oct. 25 91 Dec. 31 91 21 Dec. 68,000, 89% 90 91 8934 Sale Ref & imp 4%s ser A___20471 74 Aug. 2 75 June 20 3,000 68% 75% 75% 86 St Paul-Out Div g 4s___19901 D 70 70 Registered 1996 - D B & Q coil tr 4s. See Gt Nor 16,000 102 104% 103% 109 103% 105 10331 Dec. 13,10331 Dec. 13 10031 July 5 10331 Dec. 13 SI P & No Pac gen g 6s_1923 P 101 101% 1 Registered certificates 1923 96 92% 93 St Paul & Duluth let 59_1931 F - A 1 6 78 Dec. 30 5,0001 76% 7634 Dec. 16 78 Dec. 30 79% 75 J -D let consol gold 49_ _ 61 63% 85 76 653.1 85 Wash Cent Ry 1st g 49_1948 . Q16,000 103% 109A 106% 109% 107 106'% July 17 10834 June 5 Nor P Ter Co 1st g Os 1933 North Wiscon. See C St PM&O gl ned & L Champ. See Rutland Ohin And & W. See CCC&StL Oregon & Cal. See Sou Pac Co Ore RR & Nay. See Union Pac 358,0001 Oregon-Wash lot & ref 49_1961 Oswego & Rome. See N Y Cent 9,000 Duffle Coast Co let g 59_1946 J L softie of Missouri. See Mo Pac Paducah & Ills 1st s f 4%s 1955 4,000 Penn RR 1st 48 real est g_1923 M 0,000, Consol gold ._____1919 M29,000; Congo' gold 4s_ _ 1943 M - N 178,0001 Consol gold 4a_ ___ ___1948• N Coastal 410 ---------1960 F -A 531,000, General ____ _1965 J -D 4,497,000 11,000, Alleg Val gen gu g Is... _1942 M- S 1 Del Rivit Iti3dg 1st gu g 4s '36 F - A 2,000 Phila Bait & W 1st g 4o_1943 M- N J J Sed Bay Jr So 1st g 59_ _1924 Sunbury & Lewis 1st g 491936 J - J UNJRR A Can Co gen 491914• S 74% Sale 87m 9O388 88 97 89% 84 83 78 79% 79 79% 78 90 89% 85% 88 83 99% 95 95% 98% 100 89 87% Sale 94 96 88 Sale 86% 88 82% 87% 95 95% 98 100 90% Sale 90% 91% 89 Sale 100 93% Sale Sale 89% 86% 88% 81% 86% 80% 80 84% Dec. 23 79% Dec. 3 653j Oct. 10 80% Nov. 8 Dec. 18 82 May 1 90 Jan. 16 8731 Dec. 19 83 9334 June 19 100 83 8734 Dec. 31 9031 Dec. 10 83 9231 3 Dec. 30 10031 9334 Dec. 88 Dec. 31 9334 Dec. 2 8531 85 -554 Nov. 26 April 30 100 Jan. 2 9031 Sept. 19 9231 Sept. 17 10034 Sept. 25 9631 Nov. 1 8734 April 30 Nov. 29 Nov. 13 Dec. 3 Nov. 12 Nov. 13 Dcc. 27 8734 Dec. 27 8731 Dec. 27, 8731 Dec. 27 873-4 SO 84% 1 98% June 5 97% 98% 97% 97%' 9731 Dec. 23 9831 Dec. 11 9 (331 April 21 97% July 1 f 953 % April 18 95% 95% 76% 76% July 29 78 17 Jan. 70 27 Dec. 7631 76% 80 7634 Dec. 27 76% 75 74% 76% 75% 12 8734 Dec. 12 8731 Dec. 12 82% July 3 8734 Dec. 11 83% 91 83% 91 84 June 11 84 Juno 2536% 8631 84 80% 87% 80% 87% 871 87 96% May 9 9631 May -5 95% 9531 901 90 86% 8631 83 82Y 83 804 75% 74 75% 74 Aug. 21 8131 Dec. 30 12,000, 84% 8134 Dec. 30 8134 Dec. 30 81 96% 84 78 Oct. 2 73 Oct. 2 1,000 89 83% 83% 96% 90% 95% 85% 90 98 75 85% 95 85% 75 92 85% 71% 82 78 Nov. 26 51,000 89% 99% 93% 94% 93% 94% 9234 Dec. 21 9231 Dec. 21 9131 June L1 95 9131 June 21 93 Oct. 29 7,000 8931 99% 95 100 92% 95% 90% 99 90% 99 8931 99 Feb. 21 91 Sept. 25 183 15,000 8834 87% 93 8931 93 87 Mar. 15 9034 Sept. 11 28,000 85% 05 8931 14 91 Sept. 14 Sept. 91 87% 03 4,000 85% 8931 93 8331 July 23 92 Nov. 1 11,000 85% 91 89% 9034 89% 00 6 90 Aug. 14 Mar. 87% 87% 93 9,000 89% 93 93 Sept. 25 95 Noe. 20 90% 2,000 89% 90% 100% May 6 18 Oct. 9631 101 5,000 100 96% 98 Pennsylvania Co-gu 41,0.1921 J - J 226,000 9,000 94% Registered _1921 -J 70% S Go 33s coil tr reg etts__1937• 15,000 68% 76 Gut 350 coil tr ctfo B _ _1941 F - A 68 -D J Gu g 33s tr ctfs Sir C....1942 68 Gu g 3%s tr etre SD'. 1)..1944 J -D 20,000 826 89% A Guar gold 15-25-year 49_1931 3,0001 70 40-yr gu tr etre 45 ser B._1952 nt-N MN 87% ()in LAN 1st con gig 49_1942 9131 Clev & Mar lot gu 4%1_1935 M-N 5,000 9264 J J Clew & Pitts gu g 43s A_ 1942 02% Series B 43.9_ 1942 A - 0 Ent reduced to 314%_1942 A 80% Series C 3%9______ 1948 M- N 80% Series D 33.s__ _ _ _ _1950 F - A 71% Irie& P gen gu g 33.s 13.1940 J - J 71% Series C 1940 J - J Or RAT ex let gu g 4%8_1941• Ohio Connect lot gu 49._1943• S Mita Y & Ash lot con 59_1927 M- N T01WV&O let gu 43.s A.1931 J - J 1933 J -J Series B 43411 1942• S Series C 44 ____ PCC&StL gu g 4MsSerA 1940 A 1912 A Series B guar 1942 M- N Series C guar 1943• N Series D 4s guar Series E 35is guar g_1949 P - A Series F cons 49 gu g 1953 J -o Series 0 cons 4s guar..1957 M- N Series H cons 49 gu...1960 F - A Series I cons 439 gu _ _1083 F - A Ch St L & P cons g 5s_ _ _1932 -0 Pendacola Jr Atl. See Lou&Nash Peer & East. See C C C & St L Poor A Pek Union 1st g 69_1921 QSecond gold 4e .._Feb 1921 nt-N 89 Sale 1,143,000, 81% Sale Pere Marq-lst ser A 5s 1956 65% 70% 74 98,000, 1956 let ser 110 4s 50 J 40 J 66 15,000 Philippine Ry let 30-yr s f 4s '37 Pine Creek. See N Y Central Pitts C C & St L. See Penn Co Pittib Clev & Tot. &le Bait & 0 Pitts Junction. Be. Bait & Ohio 82 Mar. 27 90- Nov. 8 87% 88% 8731 Dec. 26 89 Dec. 18 79 71% 72 70% Dec. 5 7131 Dec. 12 6231 Feb, 5 733-4 Nov. 15 45 40 Dec. 20 46 Dec. 17 40 Dec. 20 50 April 5 49 26 N V BONDS-STOCK EXCHANGE RECORD Int. BONDS PerSTOCK EXCHANGE iod. Pitts & Lake E. See N Y Cent Pitts McK & Y. See N Y Cent Pitteb Shen & L E let g 56_1940 A First consol gold Be 1943 J - J Pitts Y dc Ashtab. See Penn Co Sales in I Price about Year Jan. 2. 1918. 1918. PRICES IN DECEMBER. Dec. 2. Bid. I Dec. 31. Ask. Bid. Ask. 95 92% 6,000 98% [VoL. 108. RANGE FOR YEAR 1918. Lowest. Highest. Sale Prices. Sale Prices. Highest. Sale Prices. 99 95% 939 Desding Co gen gold 43_1997 J J 1,715,000 84% 84% 87% 88% 85% Sale A% Registered 1997 J 85% 8934 5,000 J 85 Jersey Central colt g 46_1951 A 150,000 87 86 88 88 86% 88 All City let COD gu g 48_1951 J - J Lowest. Sale Prices. I 8134 Dec. 23 89 8631 Dec. 27 87 Jan. 24 99 Jan. 24 Dec. 7 8031 Sept. 20 91% Nov. 14 8134 June 17 8134 June 17 Dec. 3 813j April 3 88 Nov. 14 Tux,& H. See Pere Marq Sur I Joe & Gr Id let g 4s...._1947 .1 - J 2,000 60 71% Dec. 4 71% Dec. 4 63 Aug. 28 71% Dec. 4 65% 71% 73 65 71 et Law & Adir. See N Y Cent St L &Cairo. See Mobile & Ohio St L Iron Mt & So. Se• Mo Pac SILMBr. SeeTerRRAssn of8tL St Louis & San Fran (Roorg Co) Prior lien 4s ser A 1950J - J 5,557,000 61 Sale 6431 Sale 62% Dec. 30 6431 Dec. 13 55% Jan. 17 67% Nov. 8 63% Sale Prior lien 5s ser B 1950 J - J 2,802,000 733.( Sale 80% 80% 79 Sale 78% Dec. 28 81 Dec. 9 66 Jan. 16 82% Nov. 12 Cum adjser A Os 1955 A- 02,410,000 67 Sale 72 Sale 65 Dec. 27 72% Dec. 11 60 Jan. 18 76 Nov. 8 Sale 67 Income ser A Os 1960 Oct. 3,450,000 4934 Sale i , 50 4% Sale 8 Dec. 26 55 Nov. 12 Dec. 26 50% Dec. 9 4:1 43 9 45 vi. Sale , 6i Cl L & San Fr-Gen g 69_ 1931 I - J 103 5,000 101 104 Mar. 11 100% July 8 101 103 General goM 5s 1931 J - J 45,000 April 9 97 June 18 ! 91 St L & El F RR cons g 4s..1990 J - J south West Div g 59..1947 A -0 K C Ft S & M con g 69_1928 M-N 265,000 10234 103 101 Sale Dec. 2 1033( Dec. 31, 99% Sept. 10 103% Dec. 31 Sale 101 K C Ft 8& M Ry ref g 461938 A -0 579,000 6134 6834 74% Sale 103% 741A 76% 7434 Dec. 2 77 D. ec 6' 62 Mar. 18 77 .Nov. 15 ICC&M R&B lot gu g 50_1929 A.-0 4,000 80 87% 90 24 4 85M July 24 34 July 2 8 65 3% 8731 It Louis South. See In Central St Louis Southw-lst g 4s_1989 M- N 285,000 8831 Sale 74 75 72% Dec. 27 75 Dec. 11 77 Nov. 15 7231 Sale 2d g 40 Inc bd ctfii__Nov 1889 J - J 60 8,000 50 65 64 50% Jan. 21 57 Nov. 15 58 6531 Consol gold 40 Sale 1932 J -D 392,000 63 Sale 63% Dec. 24 67% Dec. 9 57 April 26 68% Nov. 13 64% 6731 lot term! & unit 5s 61 57 1952 J - J 366,000 58% Sale 61% 62 60 Dec. 23 61 Dec. 9 52 Mar. 27 65 Nov. 8 Grays Pt Ter 1st gu g 58_1947 J -D St Paul & Duluth. See No Pac St P Min & Man. See CU North St Paul & Nor Pac. See No Pac StP&SlouxC. See C SIP M &0 13 A & A P let guar g 48_1943 J - J 236,000 59 (10% 63 6634 Dec. 10 6831 Dec. 21 5434 Sept. 17 683j Dec. 21 6734 68 MF&NP1stergBa 1919 J - J 1,000 100 June 22 100 June 22 $cioto Val & N E. See Nor dr W Seaboard Air Line g 46_1950 A -0 7,000 72 80 7 713 1 70 75% Dec. 9 75% Dec. 9 67 July 26 75% Dec. 9 7034 Stamped 89,000 1930 A -0 Dec. Dec. 7 68% July 24 75% Nov. 22 Adjustment 5s 58 Nov. 12 7 5f2 33'i Sale Oct 1949 F - A 1,811,000 55% Sale 75IW,, 53% Sale Ps N ec. 12 49 Mar. 26 61 Refunding 46 64 Sale 1959 A -0 738,000 5534 Sale 57 Dec. 30 64 Dec. 12 5131 April 24 66 Nov. 12 59 Sale Atl-Bir 30-yr lot g 4s_May'38 M- S 76 74 5,000 Jan. 16 74 79 75 73 M ar. 2 74 Caro Cent let cons g 4s__1949 J - J 8,000 77 72% 83 75 June 24 77 Jan. 10 7234 F1a Cent & Pen let eat 6s_'23 J - J 98% 2234 9514 lst land grant ext g 66_1930 J - J 93 93 Consol gold 150 92% Sept. 27 95 Nov. 13 Ga & Ala let cons 158 Oct 19:g 1 83 100% 96% 92 90% June 28 9034 June 28 : i_ 91% Gs Car tfc Nor let gu g 5s 1929 .7 93 1,0001 80 94 June 19 94 June 19 J 93% Seab dc Roanoke lst 86_1926 J 90 7,000 90% 96 -J 01% May 31 9131 May 31 97 94% Sher Shr & So-See Mo K & T Sil Sp 0 & G-Bee All Coast L SON Caro & Ga-See Southern Southern Pacific Cots g Cent Pac coll__Aug 1949 J - D 402,000 73 Sale 77 Sale 77 Dec. 28 80 Dec. 10 70 July 17 82 Nov. 14 76 80 Convertible 45 __June 1929 M- S 6,784,000 78 Sale 84% Dec. 26 86% Dec. 11 75% Jan. 19 88 Nov. 12 8534 Sale 85% Sale Convertible 58 1934 J -D 15317,000 881 Sale Dec. 20 105 Dec. 2 86% Jan. 17 109% Nov. 7 101 103% Sale Cent Pac lot ref gu g 42_1949 F - A 619,000 78 82 Dec. 27 8434 Dec. 2 75 Oct. 1 86 Nov. 13 82% Sale Registered 90% 1949 F - A Mtg gu g 334s___Aug 1929 J -D 79,000 86 88 8634 8631 85% 86% 8531 Dec. 23 8634 Dec. 7 85 Sept. 24 88 Feb. 25 Through St L lot gu g 48'54 A -0 Nov. 14 33,000 70 75% 76 78 Jan. 29 78 71 1% 9 81 00 0 % 18 Gal H & San Ant lot 56_1931 M-N 8 .x 91% 131 1191 2d_guar eaten 5s . 12 any 8 . J Jul %! 1,000 8 0 % 5 Jan. 96% 18 4 , 1931 J - .7 97 Gila V G & N lot gu g 5s 1924 M- N 1,000 95 95 Nov. 14 95 ,Nov. 14 102 H E & W T let g 59____1933 M-N 2,000 95 July 2 85% 91 99% 91% 99% lat gu g 50 redeem____1933 M-N H&TexC 1st g 5s Int gu_1937 7 14% ) 3,000 9 9 117 5 93 1% 4%4 96 Dec. 21 96 Dec. 21 96 Dec. 21 96 Dec. 21 m 98 J Gen gold 40_, Int guar_1921 A -0 17,000 8 87 Jan. 24 93 Nov. 12 Waco & N W let g 64_1930 M-N 100% A & N W lot gu g tis____1941 I - J 1,000 05 10031 93 Nov. 9 93 Nov. 9 • 95 Louisiana West let 66_1021 J - J 9634 105% 9831 98% Morgan's La & T let__ 10201 104% 1,000 100 100 April 27 100 April 27 Nor of Cal gu gold 58.. 93 9234 9. 9 .:1938 A : j 93t3i Ore & Cal let gu g Ss_.. 92% 95% 97 90% 16,000 98 93% Jan. 7 9634 Feb. 21 Dec. 21 95% .1 JDec. 6 96 1927 9634 So Pac of Cal lot cons 93 98 96 Si 1227 M- N S P Coast let gu g 4s___1937 J -i San Fran Term let Sale Dec. 11 71% Sept. 23 8134 Jan. 4 79% Dec. 31 81 HIA El% F.ITI Sale 48___ 7980 A -0 122,000 Tex dc N 0 cons g 59_1943 J-J So Pac RR let ref gu 4s_1955 J - J 2,813,000 7934 Sale 8534 Sale 8231 Dec. 24 85% Dec. 6 75% Sept. 26 86% Nov. 12 85% Sale Nov. 9 96 31 Sale 96% Dec. 4 86% Sept. 16 100 knitheril-144 cons g 68_1994 J - J 1 1,947,000 933 UM i ee Dm'& gen 48, Ser A__1956 A - 05,326,000 61 690 Salo I v:11 Sale 70 Dec. 2 59 Jan. 7 73 Nov. 8 Mob dc 0 coll tr g 4s___1938 M- S 2 Oct. 30 75,000, 212 9 g 11 75 Dec. 11 65 May 17 80 5" Dec. eece.• 2278 Mem Div let g 5s 87 Jan. 18 92 July 18 93 1 J: St L Div lot g 4s _ Nov. 19 74 75% 61% Mar. 23 7776% 73 Ala Gt Sou lot cons A Bs 19431 - D 93 13,000, 93 87% Mar. 8 93 Oct. 31 All & Char AL lot A 434 2 2 % 98 8 9 Oct. 22 85 8434 86 82% Sept. 26 87 4' 44 I 1st 30-yr Bs Ser B____1944 91 -j J J92% 97% 96% Dec. 28 97 Dec. 21 91 Jan. 8 97 Dec. 21 All & Dan, let g 46.......1948 .7 70 ig 3,000 Mar. 11 Oct. 3 70 703% - .1 Second 4e 80 1948 J - J 80 Allan & Yad 1st gu g 48.. -0 1942 A Z T Yak Ga div g 5__1930i Mar. 19 1,000, 9134 189% ? Mar. 19 96 -J 9434 99% 9 06 1 Cons lot gold Be 0 74,000i 0 Ug% 10034 95 Dec. 17 95% Dec. 13 91% July 9734 Mar. 5 1958 M- N 99% 95 ! ii Ten reorg lien g 58_1038 M- S 94 24,000 99 92 86 Aug. 1 92% Nov. 9 95 Jan. 4 Georgia Midland Istis_1946 A -0 4,000, 51 52 63 52 _:__, 52 Dec. 5 52 Dec. 5 63 05 Gs Pee Ry let g 6s 01 Dec. 11 101 1922 J - J .36,000: 100 106 10 101 Dec. 10 101 ' 101 Dec. 8 11 10 1 34 Sept.SS:‘'eelpaprttl. 211511 0 50 ____. Knox & Ohio let g 88_1925 J - J 24,000 100 10234 101% July 10 100% Mob & Birm pr lien g 59_1945 J - J 95 87 95 1,000; 91% Oct. 16 9134 Oct. 16 88 95 Mortgage gold 45_1945 J - J 2,000, 58 72 72% 65 19 6 68 Jan. 26 Ja an e... 2 9 65 8 j 7234 R & Danv Deb lis stpd 1927 A -0 108 95 Jan. 19 1,0001 92% 9134 102 Rich & Meek lot g 4s___1948 M- N No Car & Ga 1st g Ile____1919 M-N 38,0001 05 99 98% Sale -9334 99% 983% Dec. 20 98% Dec. 2, 96% April 25 98% Dec. 2' Va Mid-Series D,4-80_1921 M- 8 95% 95 Series E,50 92% 5,0001 1928 M- S 93% 1 93 April 17 93 April 17 Series F, so 91% 1931 M- S 91% Virginia Mid,gen 56-1938 Sale 1 u% 14,000; 8 Dec. 98 Dec. % 93 April 10 96--Dec. 4 98 41 98 2 Va & S W lot gu 88____2003 611-N 1,000, 92 AO J-J 81% Sept. 17 81% Sept. 17 First cons 50-year 5s_1958 A -0' 83 8,000' 70 72% 82 67% Sept. 4 72% Jan. 4 7134 80 W 0 dr W let cy gu 4s__1924 P - A 92 85 92 78% Spokane Internal lot g 84_1955 J - J 95 88 ;',(383; 1,131r Lai: 122 13915% VP. ? Bp I 5ugg .6A ii :isi'l D 23742 90% or Assn of St L 1st g 4348 1832 A -0 First cons g Si 1894-1944 F - A Gen ref s f gold 4s 1953 JSt L M Br Ter gu 511_1930 A - 17,000 16,000 90 29,000 99A 87 95 I 82%1 77 93% 99% 87% 99 8734 Dec. 21 87% Dec. 21 85% May 4 87% Dec. 24 95 94% Dec. 3 94% Dec. 3 90 Oct. 30 95 Feb. 8 82 78% 82 61 Sept. 24 8234 Jan. 29 99% 90% 9234 JAN., 1919.1 Int. Period. EXCHANGE Y STOCK BONDS N Sales in Year 1918. Texas & Pacific let g 5s_2000 J -D second g income 5s____2000 Mch La Div B L let g 5s____1931 J - J WM Wit N W let gu 5s 1930 F - A Tol & Ohio Cent-lst g 58_1935 J - J Western Div 1st g 53_1935 A 1935 J -D General gold 5s 1990 A -0 Kan & M 1st gu a 45 1927 J -J Second 20-year 5s To Peer dc W let gold 49...1917 J - J Tol St L & W-Pr 1 g 3546_1925 J - J 1950 A Fifty-year gold 41 Coll trust 4s a Ser A__ _1917 F - A Certificates of deposit_ Tor H & B 1st g 4s_July 1946 J -D Is 319,000 85 26,000 40 1,000 90 70 93 Dec. 2. 1055 P - A Vandalic% consol g 4s v Consol 4s, Series B 1957 M- N Vera Cruz & P let gu g 45481934 J -J Virginian lit Si series A...1962 51-N 1939 M-N abash let gold Si 1939 P - A Second gold 58 Debenture Series B 61_1939 J - J lit lien equip i t g Si.....1921 MJ lit lien 50-yr g term 48_1954 J 1941 I-.? Det & Ch Ex 1st g 5s Des Moines Div 1st g 48_1939 .1-i Omaha Div 181 g 3%8_1941 A -0 Tol & Chic Div 1st g 43_1941 M- 6 W 35,000, 74 113,000 47 11,000' 70 87 3,000' 80 5,000, 80 1 694,000 92 482,000, 155,0001 1,000, 41,0001 6,000 Wash Term let gu 3348_1948 P - A 1,000, 1st guar 40-year 4s 1945 P - A 1952 A -0 779,000, West Maryland let g 4s 1,000; West N Y & Pa 1st g 5s_ _ _1937 J 8,000; 1943 A General gold 4s 1943 Nov Income 58 1 1,068,000 Western Pacific 1st 58 A _..1946 2,000 Wheel dc L Erie-lit g 58..1926 1-0 Wheeling Div 1st g 53_1928 J - J Erten & imp gold 58_1930 P - A 25,000, 1966 M- S Refunding 454s ser A 47,0001 WM & L E RR lit con g 4s_1949 NI- S 3,000: Winston-Salem S B let 411_1960 Wiscon Cent 1st gen g 48..1949 I - J 246,000: 40,000 Sup& Duldiv dc ter 1st 43_1936 41-N Puttland Ry let & ref 5s_1930 51--N Port fly L & P cony 58.....1942 P - A 8,000 St Jo fly Lt H & P 1st g 58_1937 M- N St Paul C Cable cons a 58...1937 I J 579,000 1960 J Third Ave let ref 48 Adjustment income 5s...1960 A -0 2,488,000' Third Ave RR 1st gold 5s 1937 J - J 35,000; Tr -City fly dc Lt 1st s 1 58_1923 A 129,0001 Undergr'd of London 450_1938 J - J 7,000' Income 68 1948 J- J 23,000; Un Rye Inv-tis Pitts 180..1926 M-N (18,0001 United Rye St L let g 48_1934 J -J 11,000 St Louis Tran gu imp 5s_1924 A 1 United Rile San Fr s f 48_ _1927 A -0 12,000 Union Tr(N Y)ctf dep 177,000' Equit Tr(N Y)inter ctf_ 172,000 Virginia fly & Pow lit 54_1934 J -J 39,000' 68,0)0, 1 29,000 61mo' 60,600: 81 92 Sale 653 753%' 75 85 61 Sale 102 85% 40 80 82% 98 98% 98% 75% 74% 60% 85% 74% 72 74% 76% 1950 A - 5,514,000 Inter-Metrop coil 43-s_ Interboro R T let dc ref 5E1_1966 J - J 9,356,000 Manhat fly (N Y)con g 4s 1900 A 82,000 A -0 140,000 Stamped tax exempt Manila 131ec let & coil 58_1953 M- S 1,000 Met St-B'y & 7th Av 58_1043 -D 17,000 Col & 9th Av let gu g 58_1993 M- S Lex Av dr P F 1st gu g 58 1993 M- S Met W S Elev Chic 1st 48_1938 F - A 5,000 Mil El fly & L cons 58 _ _1926 P - A Refunding & ext 4546....1931 J- J 8,000 1951 J - D Gen & refund ris Minn St fly let con g 5s 1919 J- J Mont Tram let & ref A 51..1941 J - J N On fly & Lt gen 450......1935 J - J N Y Munic fly let A 5s 1966 J - J Now York Rye let (lc ref 4s 1942 J - J 764,000 Adjustm't income 5s 1942 A - 3,081,000 N Y State Rye let cons 454s '62 M- N 34,000 92 87 76 78 90% 36 99 92% 89 84 SO 89 95 83% 51% 52% 53 32 Sale 93 8 8934 Dec. 13 894 Dec. 13 85 87 885.1 8234 101 85 10134 99 85% 102 77 73 80 75 84 67 Sale 9731 100 85% 45 87 Sale 94 96 88 99% 983% 68 76 68 73Y,„ 82 8034 82 76% Jan. 9 Dee. IS Oct. 19 Aug. 9 Nov.22 Oct. 14 84 • Nov. 9 April 15 5634 Nov. 14 Aug. 13 Aug. 13 18 Oct. 21 8934 Dee.-13 Dec. 27 893-4 Dec. 10 84 June 13 91 83 Aug. 10 86 Dec. 16i 823% Mar. 30 91 Dec. 30 91 Dec. 31 8634 Dec. 51 75% Jan. 23 87% Dec. 2 1053% Dec. 3 101% Sept. 14 10551 Dec. 19 86 Dec. 111 78N July 3 86 Dec. 27 104 Dec. 18, 993% Oct. 23 104 Dec. 30 9954 Dec. 19 91% Mar. 6 993.4 Dec. 20 873% Dec. 19' 803-4 Oct. 3 903-4 89 94% 93 95 88 97% 96 87% 102 77 T' 69 Feb. 21 89 Dec. 27 943-4 Dec. 26 8434 Sept. 19 963-4 Sept. 11 973% Sept. 23 897 % Aug. 15 90 July 13 10334 Sept. 17 65 Dec. 7 9734 Dec. 19 90 Dec. 19 8934 Dec. 6 80 90 96 65 77511 84% 57 56 563-4 Dec. 30 67 9751 99% 85% 70 Dec. 27 70 85% 86 85 96 90 96 88 98% 56% 70 64 68 73% 82 79 79 Sale 78 85 Sale 603% Sale 8434 Sale 94 70 99% 813.4 80 77 68 5634 723% 5834 78 81 Sale 88% 88% 7334 Sale I 53 Sale 15% Sale 100 64% Sale 19 Sale 85 100 58 Sale 17% Sale 90 100 56 81% 70% 80 53% Sale 80% Sale 78% 82% 83% 80 75 88 86 74 74 41 72 75 98 97 75 77 93 92 93 69 90 Nov. 12 Jan. 17 Dec. 16 Nov. 9 Des. 3 Des. 11 Jan. 2 Des. 19 Nov.112 Feb. 21 80 Jan. 22 80 Jan. 22 80% June 8 80% June 8 95% Sale 92 80 99% 82 85 82 84 71% 56% 72% 61% 64 87% 87 88% 88% 75 73 Sale Sale 80% 83 80% 76% 85 82% 77 77 Dec. 17 45 Sale Prices. 923% Nov. 12 4654 Feb. 18 86 May 28 87 96% 99 96 89% 88% 92 81% 88 90 68 57 51 (35 9131 95% 95% 97.4 93% 78 99% 87% 88% 89 75 77% 68% 81% Sale' 79 93% Dec. 24 56 79% 79% 93 Dec. 13 90 90 Jan. 5 Dec. 18 89 Dec. 17 93 Oct. 19 6734 Sept. 21 Dec. 19 89 Dec.,13 Dec. 17 92 my, 703.4 Highest. Lowest. Highest. Sale Prices. Sale Prices A8k. Sale Prices. 90% 89 Dec. 5 903% Dec. 19 793% Sept. 25 41 Sept. 20, 65 86 May 281 93 95 8934 95 70 70 88% 89% 87% 89;1 86% 90% 89% Sale 89 82% Sale 85% 86 101% Sale 104% Sale 873% 85% 87% 85 101 103 101 103 96 99% 99 Sale 36% 87 86% Sale 91% 91 82% 89 89 82 93% 95% 93 89 84% 85 93 80 98 96% 96 87% 80 743. 69 80 street Railway Bonds Brooklyn Rap Trans g 58..1945 A -0 121,000 J 82,000 lit refund cony g 48_ _2002 J 8-year secured notes 58_1918 J -J 4,155,000 30,000, Ctfs for new 3-yr 7s opt A '21 Ctfs for new 3-yr 7s opt B '21 2,000, 3-yr secured notes 7s_July '21 2,651,0001 Bklyn City 1st con 5s '16-'41 -J 4,000 Bklyn Q Co & S gu g 5s'16-'4I M - N Bklyn Q Co (lc S 1st 56..1941 I -J Bklyn I n El let g 4-58..1950 P - A 128,000, 45,000, Stamped guaranteed_ 1950 P - A Kings Co El let g 45_ __ _1949 F - A 5,000 5,000: Stamped guaranteed_1949 F - A Nassau Elec guar gold 4s 1951 J 61,000 Chicago Rye-let fis 1927 P - A 248,000 Conn Rs,& Lt-1st g 4%s_1951 .1-i 3,0001 1951 Stamped guar 43s 7,0001 1 jDet United let cons g 450_ 1 932 235,000 VS Smith Lt dc Tr let g 58_1936 MHudson & Manhat Ger A tis 1057 P - A 4,556,000 1957 Adjust income 5s 5,785,000 N Y & Jersey let 5s___ _1932 P - A 3,000 Gas & Electric Light Cos Bklyn Un Gas Co let c g tis 1945 M-N Buffalo City Gas let 59.....1947 A Cincinnati Gas & E let &ref 5e'56 A Columbia Gas & El let 58_1927 J -J J-J Stamped 99 92% 84 80 90 50 83% 56% 3'1 18% 87 Lowest. Dec. 31. Ask. Bid 90% 90 50 65 93 Bid. 83 46 95 97 96% 87 92 74 75 70 93 87 50 35 80 53 53 1(3,000 90 18,000, 3,000 9,000 65 11,000 RANGE FOR YRATI 1912. PRICES IN DECEMBER. Price about Jan. 2. 1918. 95 3,000 Thiter & Del 1st con g 58_1928 J -D 1952 A 63 First refund g 4s Union Pac RR & Id gr g 48_1947 J - J 1,693,0001 873' Sale 14,0001 86 1947 J - J Registered 1927 J -J 818,0001 84% Sale 20-year cony 4s 868,000, 79 Sale S 2008 M4s_June First & refund 1,565,000: Temp secured fis__July 1928 95,000: 76 80 Ore RR & Nay con g 411_1946 J -D Ore Sh Line 1st g 6s___ _1922 P - A 101,000: 104 Sale J J 42,000' 58..1946 95 100 gold consol First Guar refund gold 45_1929 J -D 771,000 843. Sale 1926 5-i 86% 98 Utah dr Nor gold 5s 1,0001 92 100 1933 J - J lit extended 41 27 BONDS-STOCK EXCHANGE RECORD Sale Sale 80 81 80 84% 70 74 Dec. 23 87 Nov. 13 Nov. 12 Nov. 12 Aug. 18 Mar. 2 Sept. 17 82 72 99 70 Aug. 26 Nov.",12 Jan. 29 April ..2 Dec. 2 79 14 Feb. ti 90 90 Oct. 9 93 Nov. 13 Oct. 11 82 Dec. 2' 5634 99 Dec. 27 60 60 Dec. 27 553% 673% Dec. 31 813-4 Dec. 12 6934 72 Dec. 27 64 Aug. 26 Dec. 30 Jan. 29 Aug. 23 Mar. 20 April 24 Aug. 9 Aug. 22 Jan. 25 63 69 72 83 787% Nov. 25 Nov. 29 Nov.'i 6 Nov. 12 Nov. 27 4 Jan. 25 813% Dec. 17 85 Dec. 16 797 50 Dec. 30 65 Dec. 3 50 Dec. 30 Mar. 27 9231 3 % 10 95 Dec. 10 9534 Dec. 96 Aug. 16 963% July 31 8334 Dec. 30 9534 Dec. 7 833% Dec. 30 92 Dec. 5 92 Dec. 5 89 Oct. 19 83 Nov. 26 Feb. 28 69 9834 June 14 07 Aug. 111 953% July 31 9614 Oct. 19 92 Dee. 5 78 July 8 7834 July 12 66 May 28 683% Dec. 23 May 9 55 8034 Sept. 30 853% Sept. 19 85 April 18 733% Dec. 31 75 Dec. 4 68 Feb. 27 /74 55 Dec. 30 65 Dec. 2 43 Jan. 21 % Jan. 11 163% Dec. 24 2034 Dec. 2, 143 87 Oct. 21 871,i Jan. 3 86% Nov. 14 72 Nov. 25 635-4 Dec. 23 663-4 Sept. 10 88 Nov. 19 8734 Nov. 13 863-j ,0ct. IS 80 Nov. 13 80 8234 713/g 6834 60 81 Dec. 20 Dec. 10 Dec. 3 Dec. 23 Dec. 30 Dec. 27 84 8234 7134 6834 62 873% Dec. 5 Dec. 10 Dec. 3 Dec. 23 Dec. 21 Dec. 9 38 69 75 80 Dec. 26 Dec. 30 Dec. 27 Dec. 20 79 Dec. 23 85 33 Dec. 69 Dec. 733-1 July 745-4 June 80 Ju y Dec. 9, 7651 Jan. 54 Dec. 30 54 Dec. 30 54 54% 81% 80 81 Dec. Dec. Dec. Dec. 4 3 13 11 25 30 5 26 2 5 6934 Nov. 12 May 20 25 90 July 24 5834 85 813% 843-4 80 85 Dec. 30 54 Nov. 12 Feb. 8 Nov. 12 Nov. 9 July 2 Feb. Deo. 30 8134 Dec. 10 8134 Dec. 10 8134 June 26 8134 June 28 88 99% 99% 96 87% 82 82 96 72% 86 74% 75 May 24 51 Sale 41 Sale 384 Dec. 24 47%, Dac. 17, 3334 Dec. 21 54 45 Sale Dec. 27 2454 May 22 19% Sale Dec. 27 19% Dec. 3 11 11 18% 19% 12% Sale 63 Sept. 9 70 June 19 75% 62 65 72 68 100 52% 34% 86 91 75 60 58 59 Sale 95 94 85 Sale 60 60 69% 29 25% Sale 26% 78 83 97 09 79 99 81 81 56 Sale 34% Sale 97 104 93% 96 76 62 66 Sale 52 57 25 22 29 23 25 80% 5134 Sale 29 Sale 96 100 95) 761 6212 69 493-3 50 57 35 22 Sale 25 80% 04% 943-4 95 91 99% 90 75% 82 85 78 8154 Sale 90 82 82 5134 28 97 95 Dec. 30 Dec. 30 Dec. 13 Dec. 17 65 49 Dec. 18 Dec. 21 22 22 Dec. 10 Dec. 12 I 623% I I 56 Dec. 7, 513% 36 Dec. 2 2754 97 Dec. 13 90 95% Dec. 30 91 1 76 I 56 66 Dec. 2 58 50 Dc.,‘c. 11 49 ' 14125 22 Dec. 10 22 23 Dec. 4 22 77 i 95 Dec. 13 85 Mar. 12 58 Dec. 30 Mar. 2 Aug. 30 April 25 Mar. 15 Mar. 12, Feb. 19! Dec. 21' Feb. 211825 April 211 2634 Sept. 21, 27 May 311 803-4 Sept. 9/ 1 Dec. 10 8934 April 41 Dec. 10 91 91 8254 8234 Dec. 19 8234 Dec. 19 70 Aug. 161 Jan. 22, 3 Dec. 2 81% Dec. 2 76 81% 94 Dec. 7 59 337% 97 96 80 60 65 5534 95 June tl Ang. 21 Nov. 12 Des. 13 Fee. 8 Feb. 8 Jan. 1 Oct. 24 April 12 Feb. May May Jan. 21 If 111 11 Jam 24 Des. 10 91 8234 Dee. 19 82 Nov. 21 28 N BONDS-STOCK EXCHANGE RECORD Int. BONDS PerY STOCK EXCHANGE iod. Sales in Year 1918. Prices about Jan. 2 1918. $ 8 _Consolidated Gas cony.6e_1920 Q - F 3,265,000 100% Sale Jong Gas E L & Pot Bait 5-year cony 6s 1921 M- N 7,000 100 Detroit City Gas Co x 5s_1923 J - J 29,000 98 Detroit Edison Co 1st 68_1933 J - J 39,000 913% 96 lid & ref 5e, Series A_ 1940 M- S 8,000 99% Mg Gas L Co N Y con g 58_1932 M- 8 1,000 1003% Ulu A;El Co of Bergen Co tis '49 J -D Havana Elec Ry cons g tis _ 1952 P -A Hudson Co Gas let g tis 1949 M-N 98 Aransas City, Mo,Gas 5s 1922 A -0 • 833% hinge Co E L & P g 5s 1937 A - 0 853% Purchase money Os 11)97 A -0 12,000 105 Convertible deb 6s 1925 M- 8 Ed E1.111131en let coo g 4s.1939 J - J 4,000 73 lac Gas L let g 5s_ _May 1919 Q - F 239,000 973% 973% Refund & ext hair 5s.__1934 A -0 43,000 95 Igliwaukee Gas Lt let 4e 1927 M-N 34,000 93 Newark Cons Gas cons Ss g 1948 J - D II Y Gee El Lt .11 & P 59_1948 ,1 -- 0 141,000 92 Purch money coil tr g 4s_1949 P - A 155,000 66 717 Ed Ei Ill 1st cons g Os_ ._199. J - J 1,000 B Y & Q El L & P 1st c g 5s 1930 b' - A Pacific 0 du Elec-Cal G & E . Corp unifying &ref 55 ._l937 M- N 174,000 903% Sale Pacific0& E gen & ref 58_1942 J - J 674,0001 79 793% racuic Pow (ir Lt 1st Jr rat 5s30 F - A 90 Paterson & Passaic WrE5s19.19 M- 8 98 100 People's Gas & C-Ist 13e_ _1043 A -0 31,000 983% Refunding gold 5e 1947 M- S 107,000 89 Ch Gas L & C lot gu g Si 1937 J - .1 91 Coneum Gas Ch lot gu g be'36 .1 -0 89 Ind Nat Gas & Oil ref 5s_ 1936 M- N 89 Mut Fuel Gas let gu g 5s 1947 M- N 94 Vitila Co cony deb tfa 1919 F - A 973% Cony deben 5s g 1922 M- N 303,000 84 88 Band Gas & El cony s f 61_1926 J -0 994 12,000 gramme Ltg Co 1st g 5s....1951 J - D 813% j15 Muse Lt & Pow a f 5e_ _1954 J - J, 90 1,000 Trenton Gas & Elec 1st 5s_1949 M- S. 95 Union El L & P let g 514_1932 M- S 923% 3,000 Refund Si _1933 M-N_____ United Fuel Gas let s f 69_1936 J - .1 Y3)565 973% Utah Power & Lt let _1944 F - A 253,000 83 Utica Elec L tie P let it15s_isg 1950 J - .1 Utica0& El ref Jr ext 51_ _1957 J - J 993% Westchester Light gold 5t1_1950 .7 -1) 96 5,000 Miseellaneou•lionds 64,000 Adams Express coil tr g 4s_1948 M- 8 170,000 Alaska Gold M deb Os A 1925 M- _,8 253,000 10-yr cony Os Ser 13_ _1926 NI- s Amer Steamship of WVa ist 5s'20 M- ri 1,306,000 Armour & Co let real set 430'33 J -D 78,000 Booth Fisheries deb s f 66_192 A-0 linden Copper coll tr ef Oa_ 1931 P - A 865,000 78,000 Mesh Terminal let 4e_ 195g A - 0 43,000 Consol Se 195 i - .1" 74,000 Buildiuga 55 gu tax et_ _1981) A -0 10,000 OhC &Conn Rys coil 5s Jan'27 A -0. 318,000 Chic Un Stet Istgu A 4348 10133 d - i 1,471,000 Mile Copper cony.75 1923 M- N Coll tr Os sex sub recta ___ A - 0 3,729,000 394,000 Coll tr Os cony Her A 1934 A 43,000 0 flemputing-Tab-ftec s f 68_1941 J - J COMittock Tunnel Inc _ _1919 M-N' 88,000 granby Con M 8&P let 4s8s_1928 M-N 107,000 Stamped 1928 M-N 18,000 great Fails Pow 1st s f 58_1940 M-N 25312000 Int Mer Marine let sf Os 194/ A- 01 008 000 Montana Power Ist&ref if Si A .1 - .1 ' ' Mortgage Bond 4s ser 2__ _1966 A -0 10-20-yr 5e,tier 3 1932 J - J 2,000 MIN is Co III s f 4345-1930 J - 1 51,000 Y Dock 50-year gold 4x_1951 F - A 62,000 I fauns IP Power let 58_ _ _ 1932 J - J 24000 Refunding Jr on 6s_Jan '32 A -0 PllegLock& OatPow 1E458_1954 M- N 248,000 Nor States Power 5s A __ _1941 A -0 38,000 Ontario Pow N F let 5e 1943 P - A Ontario Transmission 5e_ _1945 M-N Fart-Am P&T Ist cony 6s'19-27 J - J 279,000 PUb Ser Cor N J gen 50-yr 15e'59 A -0 701,000 Marra & 8 7 Power let 53_1949 F - A 82,000 Tennessee Copp let cony Os '25 M-N 5000 Wash Water P 1st 30-yr Si 1939 J 1,308:000 3 Wilson .1r Co let a f Os 1941 A -0 20 19 84 90 83 79 PRICES IN DECEMBER. Dec. 2. Ask. Bid Bid. Ask. 1043% Sale 102% Sale , 96M 94 953% 943% 93 903% 81 95 93 883% 883% 90 903% 100 100 90 95 7i 79% 79/ 99 093% 993% 94 95 92 873% 80 95 Sale 87,2 Sale 92 103 81 89 .. RANGE FOR YEAR 1918. ......---Highest. Lowest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 101 Dec. 26 106 Dec. 0 99 June 15 108 Nov. 9 913 Aug. 28 3 Sept. 17 953/i Dec. 9 953 Dec. 9 93% 943% Dec. 23 943% Dec. 23 893% Sept. 23 Dec. 27 27 Dec. 943% 943% 913% April 4 Feb. 19 94 953% Oct. 19 96% Mar. 8 98 May 15 943% Dec. 27 94 Feb. 19 Aug. 28 993% May 73 Sept. 10 993% 983% Dec. 5 993% Dec. 30 973% April 9 Sale 94 Dec. 27 943% Dec. 23 883% May 1 843% Oct. 17 83 923% 95 78 993% 943% 803% 3 Nov. 7 Dec. 30 Jan. 18 June 10 19134 Dec. 31 9534 Dec. 41 86 July 23 973% Nov. 14 May 9 763% Nov. 22 763% Dec. 9 763% Dec. 13 68 943% Sept. 20 943% Sept. 20 95 87 Dec. 17 95% Dec. 91 863% April 25 953% Nov. 27 Dec. 11 88 Dec. 131 70% Sept. 26 88 Nov. 14 1019/i Dec. 181013% Dec. 18 983% Jan. 181013% Dec. 18 713% July 23 86 Nov. 14 80 963% 983% 9634 983% 92 Salo 91 2 . 2 78 100 100-- ----------------90 83 85 7534 713% 7534 70 70 May 1 92 Juno 27 91 Nov. 16 70 Nov. 16 90 Nov. 25 1,90 Nov. 27 Nov. 29 May 27 97 89 90 Dec. 30 90 Dec. 30 97 Dec. 10 97 Dec. 10 913% May 22 9734 Jan. E 893% Dec. 13 893% Dec. 7 80 Sept. 19 90 Nov. 23 93 97 87 93 893% 93 1 8934 Dec. 21 893% Dec. 21 893% Dec. 21 893% Dec. 21 663% Sale sale 08 3234:Sale 32 Salo 62 65 323% Sale 32 Sale 65 Dec. 19 69 3234 Dec. 2 35 31 Dec. 24 35 Sale 89 903% Sale 85 Sale 873% Sale 863% Sale 96 Sale 80 823% 81 853% 81%184% 96 83 81 79 97 983% 95 87 803% Sale 85 Sale Sale Sale Sale 85 98 983/1073% 9434 Sale 100 101 92341 96 95 80 911 Sale 1023%iSale ()OM 92 Sale 87 86 198 84 83 83 95 Dec. 4 60 Dec. 16 18 Dec. 5 18 Sept. 20 69 June 12 39 June 11 30 Dec. 4 Nov. C Nov. E 853% Dec. 30 873% Dec. 21 813% Aug. 10 89 Nov. 12 90 Feb. 18 00 Feb. 1/ 963% 90 Dec. 26 963% Dec. 13 893% Jan. 8 963% Dec. E. May 20 83 Jan. 2 85 80 Dec. 3 80 Dec. 31 79 1 753% Sept. 5 86 Nov. 12 853% 813% 813% Dec. 11 83 Dec. 1 74 Feb. 0 85 Nov. 22 58 Mar. 25 58 Mar. 21'. Nov. 14 883% 86 Dec. 27 90 Dec. 21 85 Aug. 23 91 Sale 1053% Dec. 30 11234 Dec. 51102% Jan. 17 1183% Nov. 12 Sale 813% Dec. 30 863% Dec. 3 e73 Jan. 16 e8934 Nov. 1: Sale 83 Dec. 31 8534 Dec. 7 77 Sept. 18 893% Nov. E. 85 82 Dec. 17 85 Dec. 17 783% Jan. 22 85 Nov. IA 97 98 993% 101 923% 101 103 9234 87% 81 81 74 8H 60 95 102 I 9 993% 100341013% 933% 93% 873% 91 Sale 1 9034 863% 90 1 89 89 95 1 95 107 118 107 8331 7834 81 Sale 933% 94 1 93 88 923% 95 92% 1 98 Salo Sale 983% 82 85 95 Highest. 97 9535 88738 Sale 88 92 10334101 853% 76 933/i Lowest. 5i 90/ 95 9534 963% 913% Sale 723% 77 77 76 100 100 803% 91% 90 104 Sale 11234 853% 6773% Sale 86 84 82 75 Dec. 31. [Vori. 108. 98 Jan. 17 11)0 Jan. 17 97 Mar. 19 94 April 18 1043% Oct. 4 923% Nov. 21 Sept. 11 Jan. 21 Oct. 21 Nov. 1, 75 Dec. 17 73% Dec. 17 65 Dec. 20 963% Dec. 4 903% Dec. 51003% Dec. 5 99 Sept. 18 81 May 4 73% Oct. 7 983% Nov. 1310034 Nov. l Dec. E May :Z Dec. I 100% Dec. 17 103 913% Dec. 9 93 86% 74 73% 94 my, 1003% 933% 91 90 873% 95 118 108 80 7936 94 95 Sale Dec. 23 91 91 903% Dec. 2:3 90 Dec. 30 853% Dec. 23 98 Dec. 7 91 Dec. 10 89 Dec. 27 83 Sept. 20 913% Nov. 11 Dec. 20 8534 Mar. 18 89 Dec. 2( Dec. 13 108 Dec. 13 105 Oct. 301193% Oct. 21 Dec. 24 803% Dec. 18 733% Jan. 4 80 Nov. 11 91 Dec. 27 91 Dec. 27 88 Jan. 11 953% Oct. 3( 923% Dec. 11 92% Dec. 11 90)4 Aug. 6 92'H Dec. 1 973% Dec. 3 993% Dec. 20 9036 Sept. 3 100 Nov. 11 Manufacturing a Industrial Am Ag Chem let cons 15e 1928 A -0 268000: 97% 983% 983% 9834 98 Dec. 11 99 Dec. 18 9234 Jan. 9 1003% Feb. 2) 1,545,000; 90X 92 Convertible deb Bo 1924 P - A 93 000' 91 Sale 1013% 102 101% Sale 1013% Dec. 13 103 Dec. 10 903% Mar. 26 106 Oct. E Am Cotton 011 deb Se _ 1931 M- N 88ADec 87 88 83 87% 87 D.20 88 Dec. 13 80 Sept. 18 893% Nov. 1, 000 ' Am Inde & L let if g 65_ 191 t M- S 333 993% 1003% 994 100 9934 Dec. 24 100 Dec. 12 98 Jan. 7 101 June 21 :000 98 101 Am 8meWg &Ref let5sA_1947 A -0 168 92 Sale '142 9, 1 803% Sale 92 923% 913% Dec. '3 923% Dec. 24 847 Sept. 19 95% Nov. 1 000 American Thread let 4s 19/' J - J ' 1 96 97% 90 Jan. 18 993% Nov. 11 99% 99% 26,000, „n Am Tobacco 40-year g 6s 194 A - 0 117 119 117 May 221173% Oct. 1 di 17,000' " 1951 F - A 885,000, 77% 75 1 I71 80 Dec. 75 72 75 19 Dec. 80 19 Mar. 8 75 Dec. 11 71 Am Writing Paper Isle f 581919 J - J 873% 8834 883% 863% Dec. 3 883% Dec. 24 79 Jan. 4 00 Oct. 2: 87 80 31,000i 78 Trust co ctfs of deposit Dec. 86 12 11 87 88 Dec. 89 Dec. 87 11 789 Dec. 11 56'000 Baldwin Loco Wke islet 5e '40 M-N I 100 100 99% 97% Oct. 23 101% May 11 Mitre] Leather 20-yr g 58_1921 A -0 1,413,0001 95x Sale i 953% Doc. 5 97 Dec. 26 93 April 8 97% Mar. . 96 Sale 97 Sale Central Foundry lit if 0s_193 F - A 27' 0001 82 80 85 80 80 Dec. 23 80 Dec. 23 80 April 4 843% June 11 82 1,000, °Ouzel Tobacco 50-yr g 48_195 F - A 81 8036 8036 7334 Dec. 19 73% Dec. 19 7334 Dec. 19 733% Dec. 11 67,000' Corn Prod Ref get Si 1931 M- N 97% 993% 101 I 94 9934 Dec. 9 9934 Dec. 9 973% May 2 101 Nov. 21 993 282000 let 25-yr s f 56 1934 M-N ' 1 95 97% 993%1Sa1e 9934 Dec. 2 101 Dec. 27 95 Jan. 21 101 Dec. 2' 9934 blailllers'SC cony lst g 5.1 192 A -0 2,571,000 75 Sale 1 88 ,,4Sale 893% 873% Dec. 19 893% Dec. 23 75 Jan. 5 8934 Dec. 2: I I du Pont Powd 43As 19, • J - D 100 100 100 13,000 GOMM Baking let 25-yr 64193 J -D 82 90 8234 83 Dec. 24 83 Dec. 24 75 May 16 83 Dec. 2, 72,000 General Elec deb g 3%_ 81042 F - A 78 6834 FI173 683% Dec. 13 703% Dec. 18 6034 Oct. 18 74 Mar. , 703% 74 Debenture 58 1952 M- S 346,000i 92 101 95 10134 99 1013% 9934 Dec. 23 10134 Dec. 26 9434 Jan. 8 1013% Nov. 21 5,000 Ingersoll-Rand hit 5s_Deo 193 J - J 96 90 90 Nov. 13 90 Nov. 1: Int Agri° Corp let&coll tr 58232 M- N 796,000 8834 Sale 7534 7534 7634 Sale 7534 Dec. 13 77 Dec. 30 6834 Jan. 2 7734 Oct. 1, listanat Paper cony a f g 5e1935 J - .1 41,000 973495 99 953% 9334 Oct. 4 99 Jan. li Lig cis Myers Tob 7s 1944 A -0 589,000 111 117 Dec. 27 113 Dec. 31 1073% Sept. 11 117 Feb. 21 1113% Sale 1133% Sale 111 Sc 1951 F - A 317,000 85 933% 93 Dec. 5 Dec. 9334 13 91 86 Jan. 3 95 Feb. 21 8534 913% (P) Lorillard Co 75 1944 A -0 235,000 1093% 111 110% 11134 113 Sale 1113% Dec. 9 113 Dec. 31 107 Sept. 11 116 Feb. 1, Br 1951 F - A 293,000 91 91 3 843% Dec. 93 1 93 Feb. 1, Dec. 903% 23 833% 9336 Mar Petrol Ltd cony 6e_ _ _ 1921 A -0 175 57,000 102 105 105%April3 175 181% Oct. 21 Oct. let lien & ref 6s Series 0_1921 A -0 126,0001103 103 175 162 Dec. 11 164 Dec. 16 100 April 22 175 Oct. 21 175 Nat Enam&Stpg let 20-yr 5.9'29 .1 -D 11,000'( 98 98 95 97 90 April 4 98 May 05 Hat Starch 20-year deb 5e _1930 J - J 9,000 9134 933% 913% Jan. 9 94 Aug. 1 9334 National Tube let Si 76,000 90 1052 M-N 05 Salo 95 97 95 Dec. 2 97 Dec. 18 93 Feb. 2 973% Aug. 27 9634 W T Air Brake let cony 54_1928 M - N 141,000 99 99 100 9934 100 993% Dec. 24 100 Dec. 26 97 Oct. 10 100 Jan. Pierce 011 5-year cony Os _1920 - D 999,000 100 1003% 100 Sale 9934 Dec. 311003% Dec. 3 95% Sept. 19 10134 Oct. 2 10-year cony deben Os 1921 J - J 1,784,000 88/,Sale 88 89 Dec. 13 893% Dec. 19 83 Oct. 4 903% Oct. 2 883% Sinclair 011 St Refg let 3-yr s f 7s notes with warrants attao. 3,754,000 8031 Sale 99 Sale 9934 Salo 99 Dec. 2 100 Dec. 24 86 Jan. 7 100 Dec. 2 Without stir warrants attach 2,146,000i 83 9534 Sale 96 Sale 95 Dec. 2 90 Dec. 131 843% Jan. 10 96 Dec. 1 JAN., 1919.] STOCKS-STOCK EXCHANGE RECORD Int. PerY STOCK EXCHANGE iod. BONDS N Sales in Year 1918. Prices about Jan. 2 1918. litands,rd Milling lot 58_1930 M- N 21,000 The Texas Co cons deb 08_1931 J - J 1,676,000 Union Bag oic Paper let if Ss'30 J - J 5,000 Stamped J -J 9,000 Union Oil of Calif 1st 5s_ _ _1931 J - J 10,000 U i Realty & Imp deb g 58 1024 J - J 504,000 Tj S Rubber 5-yr see 7s_ _ _ _1923 J - D 1,486,000; let & ref 58 series A ___1947J - J 9,375,000, ITS Smelt Ref & Mg conv68 1926 396,000; Va-Car Chem 1st 15-yr 58..1923 J - D 359,000, Cony deb a f (iv ___ _May1924 A -0 311,000' Western Elec let 15s Dec 31 1922 J J 254,000; ' Coal Iron and Steel Bones Beth Steel let ext a f 58____1920 J - J 317,000, iat&refund 58 gu ser A_ 1942 M N 481,000; J 1,803,000; 20-yr pur & m imp 8 f 58_1936 J Buff & Su8q I 1932 J -D 58 1,000, Deb 5s Jan 1926 M- S 6,000 Cah C M Co let gu g (18_1922 J D Col Fuel & I Co gen s f g tis 1043 P - A 54,000, Col Indus let coil tr 5s gu__1934 F - A 354,000, Connol Coal Md 40-yr 58_1950 J 11,000 Elk Horn Coal cony 68_1925 J - D 7,000; Illinois Steel deben 4l-is___1940 A - 0 480,000, 1952 M- N 478,000 Indiana Steel lot 58 1926 J - D Jefferson Sc Clearf 2d Sc Lackaw Steel let cony 58_1923 A - 0 158,0001 1950 Mlot cons 58 Series A 681,000; Midvale St & Ord cony s f 58'38 M- S 2,016,000, Pocahon Con Coll let e f tis 1957 J J 16,000; Repub I & Soink fund 58_1940 A -0 339,000, Et L R Mt gic Pac 58 stmp'd 1055J J 9,000 Term C I & RR gen 58._ _1951 I - J 101,000; IT S Steel Corp a f g 511 Apr 1903 M- N 8,538,000 Registered Apr 1963 M- N 78,000 VIctorFuel lot it Ss_ 1053 J We Ir Coal ft: Coke lot Z 158-1949 M- S 62,0001 87 90 983% Sale 89 49 7734 Sale 94% 97 00 Sale 90 97 98 Sale PRICES IN DECEMBER. 83 Lowest. RANGE FOR YEAR 1918. Lowest. Highest. Highest. Sale Prices. Ask. Sale Prices. Sole Prices. Bid. Sale Prices Ask. Bid. 98 90 95 88 Jan. 5 9334 June 21 98 100% Sale 10334 Sale 10034 Dec. 4 10334 Dec. 31 96% .Tan. 2 1033% Dec. 31 89 89 90% 87 8634 Oct. 15 83 Oct. 21 87 87 Dec. 16 87 Dec. 16 83 Aug. 7 87 Dec. 16 94 93 93% 90 Oct. 15 90 Oct. 21 93% 93 • 64% 643 % Dec. 10 643 Nov. 15 63 % Dec. 10 45 Mar. 5 68 64% 101 Sale 102% 102% 101 Dec. 2 1023 % Dec. 21 101 Dec. 2 1023% Dec. 21 86 Sale 87 Sale 8534 Dec. 28 8734 Dec. 17 76 Mar. 23 88% Nov. 12 99% 99% 9934 Dec. 1110034 Dec. 2 92% May 3 10034 Dec. 2 100% Sale 95% 95 Dec. 21 9634 Dec. 13 90 Jan. 2 9734 Feb. 8 95% 95% 95 99 100 101% Sale 100 Dec. 3 10134 Dec. 131 9434 Jan. 29 101% Dec. 13 98 97 Dec. 24 98 Dec. 9 94% Oct. 1 98 Jan. 2 97 97% 08 94 97% 95% 87 863% 87 78% 82 86 96 90 90 82 73% Sale 87% 96 81% Sale 94% 95 95 94% 95 88 Sale 81 Sale 8434 84% 033% Sale 7754 80 95 98 Sale Dec. 31. Dec. 2. 29 96% 90 Sale 96 91% 95 87 81% 90 96 89 83 96 85% 86% 75 75% 86% 95 83% Sale 97 95 95% 96% 96% 84% Sale 86 Sale 92 90 94% 91 77 80% 94 96% 99% Sale 98% Sale 75 70 75 85% 85% 89% 86% 87% 85 89 76 77 88% 95 85% Sale 98 99 95% 95% 97 87 87% 87% 88% 88% 90% 93% 94% 80% 95 96 99% Sale 9534 Dec. 13 96 8734 Dec. 27 89 83 Dec. 27 86 Dec. 11 92 Oct. 4 Dec. 4 86 July 15 Dec. 13 7854 Mar. 13 90 May 22 85 Jan. 12 86% Dec. 28 863 % Dec. 28 83 75 Dec. 11 7554 Dec. 12 73 83 95 81 Dec. 27 8634 Dec. 5 81 97 Dec. 27 99 *Dec. 4 92 99 Feb. 6 9334 Mar. 22 8734 Nov. 13 90 May 22 8634 July 16 Feb. 25 -863% Dec. 28 Mar. 18 76 Feb. 23 Jan. 22 90 May 24 Aug. 15 95 Aug. 15 Jan. 2 8634 Nov. 13 Oct. 41 99 Dec. 4 96 Dec. 16 97 Dec. 7i 9454 Oct. 81 97 Dec. 7 8334 Dec. 30 89 Dec. 13, 8334 Dec. 30 9654 May 16 85 Dec. 30 895j'Dec. 18 8054 Mar. 231 92 May 15 8554 Feb. 11 8834 Nov. 29 Dec. 26, 9834 Feb. 23 91 Dec. 26 94 Dec. 13 91 Nov. 13 8054 Dec. 28 8034 Dec. 28 80 April 5; 81 9534 Dec. 111 9734 Jan. 25 Dec. 16, 95 9234 May Dec. 10 Dec. 10 96 Sept. 27,101 99 Dec. 31 101 9834 Dec. 3110054 Dec. 9 96 Sept. 26 10054 Dec. 9 1 8634 Dec. 6 8634 Dec. 27 83 Jan. 231 8634 Dec. 27 Telegraph end Telephone ikm Tel Sc Tel coil trust 49_1929 J 1,894,000, 83 Sale 85 Sale 8434 Sale 8454 Dec. 30 8634 Dec. 9 77 Aug. 2, 88 Nov. 12 Convertible 40 1036 M S 20,000, 98 77% 78 Dec. 10 78 Dec. 10 78 Dec. 10, 87 Nov. 8 85 20-year convert 4%s 1933 M - S 327,000, 87 Sale 92 93 86% Dec. 31 92 Dec. 12 82 July 151 92 Nov. 29 8634 Sale 30-year coil trust 58_ _ _1946 .1 -D 3,072,000; 90 Sale 9434 Sale 9234 Sale 923% Dec. 31 96 Dec. 12 86 July 311 9734 Nov. 12 7-year convertible 6s_ _1925 F - A 12381000; 103 Sale 10234 Sale 100% Dec. 19 103 Dec. 2 e93 Aug. 20,105 Nov. 7 Cent Dist Tel let 30-yr 58_1043 J - D 37,000, 94 98% 98% 9854 Jan. 121 9934 Feb. 16 Chicago Telephone let 58_1923 J D 1,000 100 I 9354 Oct. 8; 9354 Oct. 8 9634 100 9634 100 Commercial Cable let g 48-2397 Qt 1 68% Climb T & T 1st & gen tio 1937 J 123,000 90 Sale 9354 9654 93 , 16, 95 Nov. 21 93% Dec. 10 93% Dec. 13, 85 Aug: 94 Keystone Telephone let fie 1935 J 07 1 1 96% 06% Mich State Telep let 20-yr 58'24 F - A 33,000 91 92 Nov. 14 88% 88 Dec. 27 8854 Dec. 27, 8534 Aug. 191 91 N Y &NJ Telep gen 58 _ _1920, M- N 11,0001 91114 97 Jan. 211 98 May 20 96 100 97% N Y Tel 18: Sc gen of 4542_19391M- N 1,889,000, 867 Sale 8954 Sale Dec. 2 915 9034 Sale % Dec. 10 84 Sept. 9 92 Nov. 8 8934 let fie Pacific T & 1937 J J 414,000; 90% 91% 96 Sale 95 Sale 9434 Dec. 27 96 Dec. 2, 87 Aug. 231 9654 Nov. 23 Smith Bell Tel & T lot a f Eis '41 J - J 193,000, 92 Sale 94 Sale 933/3 Dec. 5 9534 Dec. 111 86 Aug. 211 97 Nov. 19 94 Sale West TM -Coll tr cur 58 1938 J - J 134,000j 92 93 93 94 9154 Sale 9134 Dec. 2 9334 Dec. 19 8754 Sept. 10 9334 June 16 Fund Sc real est 4%/5 g 1950 M- N 227,000 9154 91 90 Dec. 20 9134 Dec. 5 80 April 41 9254 Nov. 14 88% 91 92 Mutual TJn ext 58 gu 1941 1 M- N 101% 99 99 No W Tel EU fund 448,10344 81% a On the basis of $5 to the £ sterling. b On the basis of four marks to one dollar. e let Mitten-neat paid. d Full paid. e Part paid. s Option Sales. u This was a sale made "Seller 4 free." v Bonds "when issued." z Flat price. STOCKS-PRICES AND SALES FOR DECEMBER AND THE YEAR 1918. ID accordance with a rule of the Stock Exchange effective Oat. 13 1915, all stocks are now quoted dollars per share. Prices are on 941410 I itO•grinra STOCKS +I Y STOCK EXCIVGE insx. SALES. In 12 Months December 1918. Par Shares. ktchison Top Sc S Fe...10u 36,750 Preferred 100 6,800 !Manta Birm Sc AC_ _100 5,500 Mari Coast Line RR-100 3,100 100 ialtimore Sc Ohio _ 77,159 Preferred 100 15,200 Irooklyn Rao Transit_100 182,690 3anada Southern 100 200 )(urethan Pacific 100 26,668 .3entral of New Jersey..100 26,280 :hesapeake Sc Ohlo 100 Artcazo Sc Alton RR..-100 100 Preferred ' 100 Great West )hic 11 _100 Preferred 3h1c Mllw Sc St Paul-100 100 Preferred Thleago Sc North West.100 Preferred__ 100 3hjc Rock fel Sc Pac (new).. 7 1 7 0 preferred 67 preferred 3111c°St P Minn Sc Om_100 100 Preferred :ler Cm u Chic Sc St L-100 100 Preferred 3olorado Sc Southern-100 100 First prefarred .. 100 Second Preferred 1,200 600 7,000 10,900 99,450 49,050 26,790 200 34,800 6,200 13,200 900 150 1,300 200 1,600 206 806 .)elaware Sc Hudson_ 10010,600 50 Lack Sc Western 1,590 .)el 1 )enver Sc Rio Grande 100 2,300 Preferred 100 37,220 )uluth 8 S Sc Atlantic_100 100 Preferred 100 89,400 29,600 First preferred._..._ 100 Second preferred 100 1,800 74,960 ireat Northern, pref....100 58,669 Iron ore properties__ ;tilt Mob Sc Nor stk tr ctfo 700 Preferred 1,100 5,575 M CentraL.,-___1Uu !ots 95,660 uterboro Cons Corp•t c Preferred 100 53,450 200 owa Central 100 Kansas Clty Souhtern_100 10,000 Preferred __ 1,000 100 Keokuk &Des-Moines_100 100 .,aceErie As Weetern._106 600 Profe.rol.. .. 10A 603 Erk.app,iong or otocia.0 AttarItt 3441 only to s aDDIll way are ootoll by she hate a. 01.-Alon sales are disregarded. Shares. 287,155 51,001 12,800 35,394 626,459 42,499 403,365 295 592,318 857 459,080 RANGE FOR YEAR 1918. PRICES IN DECEMBER. Price about Jan. 2 1918. Dec. 2. I Dec. 31. Lowest. Highest. ''.owest. Highest. Bid. Ask. Bid. Sale Prices. Sale Prices. 831e Prices. Ask. Bid. Ask. Sale Prices 3 Nov. 12 8554 Sale Mar. 23 99% 93 Sale 9334 Sale 8934 Dec. 20 9534 Dec. 9 81 8234 Sale 9234 80 Jan. 30 31 Dec. 16 Dec. Nov. 12 Sale :86 9034 8834 z8834 5 Dec. 27 754 Dec. 18 5 Dec. 27 1034 June 15 654 754 (33% Sale 92 Salo 102 106 100 Sale 100 Dec. 26 106% Dec. 5 8954 April 22 109 Nov. 20 5234 Sale 5434 Sale 4854 Dec. 31 56 Dec. 21 4834 Dec. 31 62 Nov. 12 4932 Sale 56 Sale 56% Sale 55 Sale 5334 Dec. 30 5734 Dec. 19 53 April 25 6454 Nov. 13 253 % Dec. 26 38% Dec. 2 2534 Dec. 26 4834 Jan. 2 4834 Sale 3834 Sale 263% Sale __ _ 64 May 2 a49 Aug. 30 45 52 46 Dec. 28 46 Dec. 28 141 50 13934 Sale 159 Sale 159% Sale 154% Dec. 23 161% Dec. 10 135 Mar. 25 174% Oct. 14 190 235 210 202 April 23 220 Oct. 18 209 230 5854 Sale 57 Sale 513% Sale 5454 Dec. 26 5934 Dec. 5 4954 Jan. 15 6234 Nov. 12 3,580, 9 12 7% 8 700 22 14 Sale 49,202 8% Sale 9 Sale 61,267 243% Sale 2734 Sale 787,094 4854 Sale 464 Sale 439,150 7854 Sale 8034 Sale 68,836 :98% Sale 2,697 128 137 604,405 225% Sale 27 Sale 8254 Sale 136,285 6554 Sale 167,275 58% Sale 71% Sale 3,028 70 80 79 80 150 100 130 100 125 14,700 28 35 32 40 1,600 76 68 75 19,655 23 Sale 2334 26 3,166 50 Sale 50 54% 2,026 45 41 46 50 52,366 10034 Sale 12,980 175 Salo 9,960 5 9 101,910 12X Bale 2,900, 23/3 334 2,336: 5 7 617,200 17 Sale 334,700' 28 Sale 34,500: 20 Sale! 381,7541 90 Sale 752,1591 2734 Sale 2,300 3,101 36,269 9334 Sale 269,091 834 Sale 113,430 46 Sale 2,350 2 5 111,395 1854 Salo 9,626 47 50 1,400 234 7 9,110 9 12 25 2.701 2.1 7% Dec. 24 8% Dec. 30 7 April 17 11 7 9 Nov. 12 103 Dec. 30 1434 Dec. 2 1034 Dec. 30 18 Nov. 12 934 14 754 Dec. 30 93% Dec. 9 6 April 9 11 7% Sale Nov. 12 25 Sale 233/3 Dec. 30 30 Dec. 9 1834 April 13 32 Nov. 12 38 Dec. 27 4834 Dec. 2 3734 April 22 543% Sept. 7 38% Sale 70 Dec. 28 82 Dec. 2 6634 April 11 8534 Nov. 12 Sale 7334 95% Sale 94 Dec. 30 100% Dec. 12 8954 Mar. 25 107 Nov. 9 131 136 1304 Dec. 3 13134 Dec. 30 125 July 15 137 Jan. 29 253 24% Dec. 31 2834 Dec. 2 18 April 22 3234 Nov. 12 % Sale 783/3 Dec. 26 8554 Dec. 10 5651 Jan. 15 88 Nov. 12 8034 Sale 62% D 26 73 Dec. 10 46 Jan. 15 75 6Dec. Nov. 12 7 Sale 76 8034 76 Dec. 27 82 Dec. 4 69 Sept. 25 82 Dec. 4 105 120 110 Dec. 6 110 Dec. 6 110 Dec. 6 110 Dec. 6 3 Dec. 20 37 Dec. 17 26 Feb. 21 40 Nov. 8 34% 343% Sale Nov. 22 566% 72 :67 Dec. 30 :6734 Dec. 30 583% May 7 70 2034 Sale 2034 Dec. 30 2354 Dec. 5 18 April 22 2754 Nov. 12 49 Nov. 4 49 Dec. 30 51 Dec. 16 47 April 3 55 54 40 46 Dec. 13 48 Dec. 16 40 April 4 43 Dec. 16 48 107 114 5101 Sale 5100 Dec. 28 1153 % Dec. 3 100 Dec. 28 119% Nov. 12 175 180 175 185 176 Dec. 16 185 Dec. 271160 April 17 185 Sept. 4 354 Dec. 28 6 Dec. 9, 234 Jan. 4 7 Nov. 21 534 73/3 354 5 10% Sale 5 ,Dec. 20 103% Dec. 3' 5 April 23 135% Jan. 2 654 Sale 2% Feb. 1 4% Oct. 23 3 4I 7 9 43% May 2 834 Nov. 14 1854 Sale 16% Sale 1634 Dec. 26 20 Dec. 2 14 April 17 235% Nov. 12 313 % Sale 27% Sale 2654 Dec. 30 3234 Dec. 2, 2334 Jan. 16 3634 Nov. 12 2034 Sale 20 Dec. 30 23 Dec. 11 1834 Jan. 25 2734 Nov. 12 2034 24 973% Sale 9334 Dec. 28 99 Dec. 2 86 Jan. 15 1063/3 Nov. 12 053% Sale 313.4 Sale 3134 Dec. 14 3334 Dec. 171 2534 Jan. 15 313/3 Nov. 14 3154 Sale 73/3 10 8 Dec. 26 93% Dec. 2, 8 Mar. 5 10 May 27 934 Sale 35% Sale 31y 4 37 33 Dec. 30 35% Dec. 2 27 Mar. 6 35% Dec. 2 98 101 598% Sale Jan. 7 10534 Nov. 12 953% Dec. 30 x100%Dec. 31 92% 7% Sale 5 Sale 434 Dec. 24 8 Dec. 31 4 3 Dec. 24 93/3 Jan. 3 1734 Dec. 30 34 Dec. 2 1754 Dec. 30 4734 Jan. 3 1834 Sale 33 Sale 4 6 3 Sale 3 Dec. 31 434 Dec. 71 234 Jan. 5 534 Nov. 7 2054 Sale 18 Dec. 30 21% Dee. 101 1534 April 17 24% Nov. 12 1834 Sale 5334 59 52 53 Dec. 28 55 Dec. 131 45 Jan. 5 5934 Nov. 12 55 334 Dec. 9 33% Dec. 9, 3 Oct. 22 434 Jan. 24 3 4 3 5 f; 11 8 10 7% Dec. 30 8% Dec. 24' 734 Oct. 10 11% 7 Nov. 13 90 22 15 99 15 TI, , f 91 91 1-1,n 7 15 t riril 91 9; not 99 30 STOCKS-STOCK EXCHANGE RECORD [VOL. 10$. -4 STOCKS STOCK EXCHTIE 12 Month In 1918. December RANGE FOR YEAR 191$. PRICES IN DECEMBER. SALES. Price about Jan. 2 1918, Dec. 2. Dec. 31. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Ask. Sale Prices. Ask. Bid. Ask. Bid. Par Shares. Shares. Bid. 3 Dec. 6 53% Dec. 24 65% Nov. 12 ao 70,800 149,211 57 Sale 60 Sale 55% Sale 53% Dec. 24 60% Lehigh ValleY % Nov. 12 27,72 111% Sale 116% 124 118% Sale 118 Dec. 30 1217 Dec. 11 110 Jan. 2 1243 4,000 Louisville & Nashville_100 98 102 6,420 19,356 100 Sale 57834 Dec. 24 10034 Dec. 7 78% Dec. 24 103 Nov. 12 Manhattan Railway 100 80 Dec. 30 10034 Dec. 6 80 Dec. 30 100% Dec. 6 85 Sale 100 4,980 4,450 Guaranteed stock 10% Dec. 30 15 Dec. 11 7% April 17 157 Nov. 12 11% Sale 12% Sale 79,916 9% Sale 17,601 IlInneap & St L (new)..100 90 Dec. 28 9334 Dec. 31 8036 Jan. 15 97 Nov. 12 93% Sale 95 90 90 1,700 13,731 87 100 DISIP&SSM 106 112 106 Sale 10634 Dec. 31 108 Dec. 28 105 April 25 113 Nov. 14 700 1.839 100 Preferred Nov. 12 4% Dec. 30 oq Dec. 12 4% Jan. 5 5% Sale 17,300 72,085 6 Sale 44 Sale 8% Ido Kansas & Texas-100 Dec. 23 13 Dec. 9 6% Jan. 29 13 Nov. 12 8$ Sale 2,600 17,70 9% 11% Sale 100 8 Preferred 24 Dec. 26 283 Dec. 7 20 Jan. 15 3158 Nov. 12 25 Sale 91,500 26% Sale 824,150 245 Sale Missouri Pacific tr ctfs 100 5134 Dec. 26 58% Dec. 3 41 Jan. 15 62 Nov. 9 53% Sale 100 10,550 58% Sale 96,95 45 Sale Preferred Sr clfs 70 Dec. 13 70 Dec. 13 a67 July 9 a75 Mar. 2 300 85 440 68% 89 79 50 Morris & Essex 1,100 8% Sale 22,650 7% 8% 8 Dec. 5 9 Dec. 9 4% May 27 10% Nov. 6 Nat Rya of Max 2d pf_100 30 Dec. 24 36% Dec. 9 17 April 11 36% Dec. 9 31 Sale 33 Sale 23 6,700 31,370 21 24 Or! Tex & Mex v t c_100 3 Dec. 73% Dec. 30 79% 74% Sale 80,165 6736 Jan. 15 8494 Nov. 12 78% Sale 679,030 71% Sale New York Central____100 Nov. 19 28 Dec. 24 3334 Dec. 3 13% Oct. 4 ,34 28 Sale 1,200 8,170 32% 16 30 100 Sale Louis.... St & Chic Y N 55 July 24 65 Nov. 16 70 700 52 70 100 65 62 61 1st preferred 41 Dec. 31 447 Dec. 19 40 Oct. 8 48 Nov. 15 50 300 1,300 41 41 Sale 43 48 Second preferred_ __100 7 123 7 123 100 a9334 Dec. 5 a93, Dec. 5 a93% Dec. 5 619334 Dec. 5 100 N Y Lack & West 27 April 11 45% May 29 3034 Dec. 28 37 Dec. 31% Sale 35% Sale Y N H & Hartford....100 110,965 1,505,209 32 Sale 30 20 Dec. 30 2134 Dec. 7 1834 Jan. 22 24% Nov. 9 20 Sale 54,220, 21 Sale 28 4,400 N Y Ontario & West__100 Nov. 9 2134 Dec. 17 14 Dec. 4 21 Dec. 17 14 19 Sale 6,240 3,600 100 Norfolk Southern /s Dec. 28 102 Jan. 24 112% Nov. 12 12,900 138,160 104% Sale 106 Sale 107% Sale 10434 Dec. 28 1085 Norfolk & Western........100 % Dec. 27 1% Dec. 4 % Dec. 27 134 Dec. 4 4,500 4,500 Rights 7234 Dec. 27 73% Dec. 31 69 Sept. 17 79 Mar. 6 80 72% 74 73 600 85 3,100 70 Pref (adjustment)....100 67,600 397,885 86% Sale 10C Prorthern Pacific 55),‘ 100 30 40 200 Pacific Coast Co 50 119,517 503,169 47% Sale Pennsyl•tillia 9 6 100 500 10,00 Peoria & Eastern 100 12,875 86,475 12% Sale 1711re Marq•t r 100 982 11,297 55 Sale Prior pref •t r 100 200 6,315 Preferred•t r 65 700 2,87 55 Pitts Cin Ch & St L___100 73 117% 159% 5 Pitts Ft W & Chicago..100 59,700 670,35 241 Sale Pitts & W Va int ctfe_101 2,400 46,626 62 Sale Preferred int ctfs____100 Reading Company..___ Si) 207,000 5,183,905 72 Sale 40 50 100 4,50 35 First preferred 50 1,600 9,290 36 Sale Second preferred 100 10 100 Rutland pref 101., 32,930 147,331 14 Sale as Lou-San F tr etre 1,300 13,400 30 Sale Preferred A Sr ctfs 100 28 100 300 4,300 25 IS Louis Southweet 100 500 5,700 40 Sale • Preferred 7 Sale 100 9,800 92,14 Seaboard Air Line.. 100 5,300 85,225 18 Sale Preferred Southern Pacific Co .._100 433,700 2,807,564 833 Sale 100 181 V P-Ore Sh L ctfs Southern Railway ---100 158,200 1,269,470 24% Sale 6,425 100 107,750 59% Sale Preferred 100 79,700 161,300 16% Sale raise & Pacific 100 10,950 40,940 18 Sale Third Ave 93 Dec. 20 9734 Dec. 3 8134 Jan. 24 105 Nov. 12 40 Dec. 17 40 Dec. 17 40 Dec. 17 451 Feb. 7 433 Dec. 3 430 June 27 50 Nov. 12 % Dec. 30 4 April 22 67 Nov. 12 5%1Dec. 26 5 D. 1 1236 Dec. 30 17 Dec. 9 9 April 30 187 Nov. 12 5736 Dec. 30 60 Dec. 4 52 April 1 64 Nov. 9 44 A Dec. 23 44 4 Dec. 2 30 April 5 50 Nov. 18 46 "c Dec. 31 53 1 Dec. 6 25% June 14 58% Nov. 6 60 46 Sale 50 al30%Sale 128% 140 a13034 Dec. 2 a13034 Dec. a124% Oct. 17 a13034 Dec. 2 34 Dec. 20 3834 Dec. 3 2236 Jan. 2 4034 Nov. 14 38 Sale 36 Sale 78 Dec. 6 8134 Dec. 31 61 Jan. 10 82 Nov. 14 80 81 Sale 77 78 Dec. 26 86 Dec. 11 7034 Jan. 15 oog Oct. 23 82% Sale 83% Sale 37% 38% 3734 Dec. 5 37% Dec. 5 3436 June 17 30 May 15 37% 38 36% Sale 1357 Dec. 30 39 Dec. 11 35 Mar. 20 40 July 6 38% Sale 20 Dec. 30 20 Dec. 30 20 Dec. 30 20 Dec. 30 12 Dec. 28 1734 Dec. 9 9% April 3 1734 Dec. 9 12% Sale 13% Sale 22 Dec. 30 33 Dec. 0 21 April 12 33% Nov. 12 24% Sale 30 Sale 19 Oct. 2 25 Nov. 12 19 kDec. 24 19% Dec. 1 22 19% 24% 16 28 Oct. 2 40% Jan. 3 28 35 2 28 Dec. 30 37 Dec. 37 Sale 7 April 17 12 Nov. 12 8 Dec. 18 1034 Dec. 1 8% Sale 10 Sale 17 5 Dec. 31 2134 Dec. 1534 April 19 253% Nov. 12 21 Sale 17% Sale 97 Dec. 20 10458 Dec. 2 80% Jan. 24 110 Nov. 7 102 Sale 101% Sale 138 Dec, 11 13834 Dec. 11138% Dec. 11 13834 Dec. 11 2834 Dec. 26 32% Dec. 2 2036 April 30 3434 Nov. 12 29% Sale 29% Sale 68 Dec. 26 703 % Dec. 3 57 Jan. 21 7554 Nov. 12 70% Sale 68% Sale 22% Dec. 2 29% Dec. 9 14 May 4 29 1 Dec. 9 22 20 28% Sale 1 30 Dec. 123% Dec. 30 2194 Jan. 3 16 Dec. 13% Sale 16 Sale 231 Toledo St L & Western 100 TO!St L & W trust recta_ _ Pieferred trust rec Irwin City Rapid Tran.100 100 Onion Pacific 100 Preferred Inveetment100 United Rys 100 Preferred 100 Wabash 10 . Preferred A 10 Preferred B West'n Maryland(new)10 100 2d preferred 100 Western Pacific 100 Preferred 100 Wheel & L E Ry 100 Preferred 100 Wisconsin Central 3 10 4% 5% 7 12 16 10 8 52 34% Sale 48 x129%Sale j129%Sale a74 Sale 71% Sale 8% 9% 7% Sale 15% 16 15 Sale 9% Sale 854 Sale 4 Sale 383 31% Sale 22% 25 19% Sale 13% Sale 11 Sale 22 29 28 Sale 19 Sale 21% Sale 61% Sale 6134 Sale 10% 8% Sale 9 17% 18% 19% 24 35% Sale 33 Sale Industrial and Magellan 100 Adams Express 100 Advance Rumely 100 Preferred 50 Ajax Rubber Inc Rights 10 Alaska Gold Mines AlaSka Juneau Gold Mg 10 Allis Chal Mfg v I c......100 100 Preferred v t c Amer Agricul Chain......100 100 Preferred American Beet Sugar.. .100 Preterred Am Brake Sh & Fdy pf.100 100 American Can 100 Preferred Amer Car & Foundry.._100 100 Preferred Astern= Cotton 011....10 100 Preferred 100 American Express_ Leather_100 As Hide Amer 100 Preferred Americ,an Ice (new)......100 100 Preferred Amer Internet Corp-100 American Linseed.......100 100 Preferred American Locomotive..100 100 Preferred 100 400, 8 200 15,100; 4 15 100 10,410 9 65 2,810 10,600 60 97,000 1,375,5701 115 Sale 13,700 43,283 69 Sale 2,000 45,010 6 Sale 34,3701 13 Sale 6,100 226,140 9 Sale 28,300 54,900 306,6551 44 Sale 19,000 87,104 23 Sale 62,530 248,4801 14% Sale 28 8,800' 22 1,100 5,600 44,09 13% Sale 1,700 33,375 48 Sale 7,250 70,537 10 Sale 11,700 21% Sale 2,000 42 17,500 38 3,800 5,550 7,900 5,400 6,100 10,515 35,400 87,750 95,700 9,900 7,000 900 45,000 300 100 15,8421 88,510 82,281 20,160 10,5151 354,1251 548,250 761,8891 47,100 52,55 6,005 258,07 2,720 1,066 166,900 1,542,045 29,099 5,340 892,635 80,100 11,847 610 221,650 10,600 3,747 700 5,591 1,174 335,089 12,700 354,585 48,400 226,126 8,400 65,644 4,200 306,133 31,900 584,175 78,700 87,900 12,600 s 684,245 39,200 11,700 900 71 14 27 49 90 Sale Sale Sale 96 Sale 50 40 47 Sale 6% 5 16% Sale 56 60 24 Sale 59% Sale 61 65% 94 Sale 40 50 44% Sale 6% 5 13% Sale 59 Sale 49 Sale 23% 24% 60 Sale 67 Sale 4% Dec. 17 4% Dec. 17 4% Dec. 17 7 Oct. 21 5 Dec. 4 5 Dec. 4 4 June 19 7% Aug. 12 10 Dec. 18 10 Dec. 18 834 Mar. 15 16 Aug. 12 Dec. 30 65/ Jan. 31 32 Dec. 30 52% Dec. 13 32 12536 Dec. 26 132 Dec. ii 109% Jan. 15 137 Oct. 19 69 Dec. 24 7434 Dec. 3 69 Jan. 3 763 Nov. 12 4% Jan. 15 11 Oct. 21 734 Dec. 30 81 Dec. 1334 Dec. 30 16 Dec. ii 1034 April 17 20 May 7 734 Dec. 30 10 Dec. 7 7 April 26 12 June 27 30% Dec. 30 4434 Jan. 2 3036 Dec. 30 39 Dec. 1934 Dec. 30 24 Dec. 9 1934 Dec. 30 2634 June 26 10 Dec. 27 14 Dec. 3 10 Dec. 27 1734 Feb. 15 20 Jan. 29 32 June 22 24 Dec. 24 30 Dec. 19 Dec. 31 23 Dec. 7 13 Jan. 2 2434 Nov. 12 (3134 Dec. 2 64 Dec. 1 46 Jan. 3 64 June 27 854 Dec. 30 10% Dec. 7 8 April 22 1234 Nov. 12 17 Dec. 30 20% Dec. 11 17% April 17 26 Nov. 12 2936 Dec. 26 36 Dec. 3 2936 Dec. 26 3934 Oct. 22 42 Dec. 27 59% Dec. 6 23% Dec. 5 26% Dec. 18 57% Dec. 27 61% Dec. 19 65 Dec. 6 Dec. 18 1 Dec. 27 1% Dec. 31 3% Dec. 30 4% Dec. 5 1% Dec. 30 23 Dec. 26% Dec. 2 333 Dec. 1 82 Dec. 5 85 Dec. 14 9934 Dec. 24 102 Dec. 96 Dec. 26 101 Dec. 1 50% Dec. 2 66 Dec. 17 85 Dec. 2 85% Dec. 3 160 Dec. 27 160 Dec. 27 42 Dec. 27 80 Jan. 11 11 Jan. 19 26 Nov. 21 25% Jan. 15 62 Nov. 19 49 Jan. 2 72 Dec. 18 1 Dec. 31 Dec. 27 1 11 April 27 5 Nov. 6 April 1 3 Jan. 11 17% Jan. 15 37 May 24 72% Jan. 4 86% May 24 78 Jan. 2 106 Oct. 17 89% Jan. 17 101 Dec. 16 48 Nov. 26 84 Feb. 27 x82 Sept. 13 91% May 8 160 Dec. 27 175 Jan. 5 1% Sale 2% Sale 19 Sale 72WEllale 79 Sale 90 Sale 71 Sale 85 Sale 4 Sale 2% Sale 26% Sale 82 80 101 Sale 96% 100 51 Sale 85 Sale 38% Sale 90 Sale 70%;Sale 42% Sale 42% Dec. 2 48% Dec. 19 34 Jan. 15 50% May 17 47% Sale 95% Sale 99 Sale 95% Dec. 2 99 Dec. 31 89 Jan. 23 99 Dec. 31 Sale j93% Sale 82% 82% Dec. 3 193% Dec. 31 88 Jan. 14 93 Dec. 31 109 Sale x1079jDec. 12 115 Dec. 3 106 Jan. 3 115 Dec. 30 38% Dec. 26 41 Dec. 12 25 Jan. 16 4434 Oct. 18 38% 39% 39% Sale 86 90 88 86 Dec. 10 88 Dec. 1 78 May 16 88 Dec. 16 82 91 80 Dec. 30 89 Dec. 4 77% Sept. 25 95 Nov. 831 Sale 89 11% Jan. 10 22 Sept. 4 13 Sale 12% Dec. 30 15 Dec. 1 14 Sale 73% Sale j72 Sale 6534 Dec. 24 76 Dec. 11 50 Jan. 2 94 Aug. 24 4 Sale 40% Sale 403 39% Dec. 31 437 Dec. 9 1134 Jan. 2 49 Oct. 28 56 55% Sale 57% 55 Dec. 2 587 Dec. 9 3834 Jan. 16 61 Oct. 21 56 Sale 556% Sale 553% Dec. 26 58 Dec. 14 51 Sept. 17 60 Oct. 14 46% Sale 40% Sale 40 Dec. 2 47 Dec. 27 27 Jan. 2 47 Dec. 27 91 82 Sale 82 Dec. 2 92 Dec. 11 69% Jan. 7 92' Dec. 11 89 60% Sale 561 Sale 60 Dec. 2 66% Dec. 9 53% Jan. 15 71% May 16 102 Sale 100 102 100 Dec. 20 102% Dec. 3 :95 Jan. 4 102% Dec. 3 28 Sale 82 70 78% 90 12% Sale 50 Sale 11q Sale 40 Sale 56 Sale 27 Sale 69% Sale 55% Sale 95 Sale Sale Sale 3234 Sale x83 Sale 101 Sale 96 99 63% Sale 90 82 3% 4% 3% Sale 57,910 9% Sale 5,400 American Malting........100 46 Sale 6,200 4,400 First pref ctfs of deposit 142 5,925 87 - 94 Amer Shipbuilding........100 93% 95 92 96 Sale 93% 4,760 100 Am Smelt Sec prof A stpd 81% Sale Sale 76% Sale Amex Smelt & Refin...._100 278,240 2,186,294 80 Sale 107% 108% 103 103% 101 20,962 2,410 100 Preferred 95 100 Sale 100 105 3,295 80 1,050 100 American Snuff 90% Sale 5851 Sale 367,190 60 Sale 20,400 *WM Steel Foundries_100 228,091 100 Sale x111 Sale 1113 Sale 10,600 American Sugar Refin_100 114 112 114 x111 Sale 109% 10,043 900 100 Preferred. new 97% Sale Am Sumatra Tobacco.100 (62,000 1,991,245 62% Sale 104 Sale 85 92 Sale Sale 84 81 13,490 100 wisi 900 Preferred 645,277 104% Sale 103% Sale 5100 Sale 83,290 Azaar Teleph & Teleg_100 191 194 185 Sale Sale 90,954 143 7,167 merleau Tobacco........100 98 99 100 Sale 16,611 90 100 3,610 100 Preferred, new 52 Sale Sale 515 45% Sale 316,945 37,020 Acner Woolen of Mais..100 95q 94 90% 94% Sale 16,730 89 2,700 100 Preferred 29 Sale 31 27 25 Sale 108,375 10,850 Am Writing Paper, pf_100 13 Sale 11 Sale 175,800 14 Sale 6,700 Amer Zinc. Lead & 8111 25 39% 47 43 Sale 16,865 41 Sale 2,150 25 Preferred 60% Sale 64% Sale Anaconda Conner__ fin 1283,560 2,671,720 62 Sale % Sale 11,450 7,250 Aesets Reallzation____ 10 471ec Dec. 2 54 Sept. 28 13% Feb. 6 Sept. 18 48 Dec. 10 Dec. 10 4 90 Feb. 21 144 May 14 95 Dec. 11 95 Dec. 11 89 May 25 96 Nov. 15 7436 Dec. 26 86% Dec. 9 73 May 28 94 Oct. 18 103% Dec. 31 10834 Dec. 4 103 Sept. 25 110 Nov. 12 100 Dec. 2 107 Dec. 11 85 Oct. 1 107 Dec. 11 583% Dec. 21 92% Dec. 8 58 Jan. 15 95 Nov. 19 110 Dec. 26 113 Dec. 9 98 Jan. 16 116 May 15 112 Dec. 26 114% Dec. 4 108% Mar. 23 114 Dec. 4 x9094 Dec. 3 10531 Dec. 60% Jan. 5 145 June 12 4 Dec. 27 81 Jan. 2 103 June 12 90 Dec. 6 923 597% Dec. 27 1043 Dec. 5 90 Aug. 5 109% Feb. 1 188 Dec. 3 10834 Dec. 5 140 Jan. 5 198% Dec. 5 92 Sept. 14 10034 Dec. 6 983% Dec. 30 10034 Dec. 50 Dec. 26 587 Dec. 5 44% Jan. 15 6078 May 24 94% Dec. 2 9634 Dec. 8 92 Jan. 4 oo•y, Dec. 8 27% Dec. 24 32 Dec. 10 20% April 11 393 Aug. 28 11 Dec. 30 13 Dec. 4 11 Dec. 30 21 July 3 3854 Dec. 30 4636 Dec. 5 38% Dec. 30 53 July 1 Dec. 30 z7434 Oct. 18 39 Dec. 30 6736 Dec. 8 59 % Dec. 27 li6Dec. 2 34 Dec. 271 2% Nov. 16 3% Dec. 16 5 43% Dec. 9 48 N STOCKS le STOCK BXCH'GB 31 STOCKS-STOCK EXCHANGE RECORD JAN., 19191 SALES. RANGE( FOR YEAR 1918. PRICES IN DECEMBER. 12 Months' In 1918. December Price about Jan. 2 1918. Dec. 2. Dec. 31. Lowest. Lowest. Highest. Highest. Sale Prices. Sale Prices. Shares. Bid. Par Shares. Ask. Bid. Sale Prices. Ask. Bid. Ask. Sale Prices. 8,700 10 6,800 10 14 173% Sale 15 13 Dec. 5 183% Dec. 26 12 May 7 183/a Dec. 26 Associated Dry Goods_100 May 22 63 Dec. 20 314 100 51 57 100 58 63 54 63 Dec. 20 63 Dec. 20 51 1st preferred Oct. 21 2,669 17,599, 67 Sale x663% 69 100 58 /s Dec. 5 69% Dec. 23 54 April 16 71 655 Associated 011 713,575,1 99 Sale 1093% Salo 51073%Sale x104 Dec. 30 1123% Dec. 8 97% Jan. 5 12034 Feb. 18 30,700 Atl Gulf & WI SS Line_ 100 1,100 15,4151 58 66 69 60 100 Preferred 653% Dec. 18 673% Dec. 31 58 Jan. 5 673/a Nov. 20 673% Sale 72 Sale 71 Dec. 2 783% Dec. 9 563% Jan. 15 1013% May 16 Baldwin Locomotive...100194,350 5,669,550, 59 Sale 743% Sale 4,900, 93 Sale 100 100 102 Dec. 28 102 Dec. 28 93 Jan. 2 104 Oct. 21 Preferred 42,629; 853% Sale 101 6,270 100 Barrett Co (The) 101 1023% Sale 1013% Dec. 28 110 Dec. 7 85 Jan. 4 110 Da.c. 7 6,901i z98 100 1013% 100 101 Preferred 107 1073'a Dec. 16 1073% Dec. 16 99% June 5 1073,i Dec. 16 96,450: 13% Sale 1 Jan. 23 2% Nov. 15 4,300 % Sale 13 20 1% 1% Dec. 4 13 Batopilas Mining % Dec. 23 13% 72,5351 76% Sale 9,370 60 Dec. 30 633% Dec. 9 60 Dec. 30 96 May 16 Bethlehem Steel Corp_100 613% Sale 6314 Salo May 16 633% Sale 5613% Sale 5603% Dec. 26 60 Dec. 8, 5934 Nov. 12 94 Class B counnon___-100 232,700 4,976,410, 75% Salo 5,600, 3,700 100 Preferred 84 Dec. 23 91 Dec. 12 81 Dec. 28 94 Sept. 23 127,015' 98% Sale 101 1053% 1013% Sale 101 Dec. 16 1063% Dec. 8 963% Jan. 15 1063% April 29 5,550 Cum cony 8% prof 100 114,740: 5,900 233% Sale 5223% Sale 5213% Dec. 27 21% Dec. 7, 21 Jan. 21 233% Sept. 5 Booth Fisheries____na par) 2,9411 75 900 90 90 100 97 80 Dec. 30 90 Dec. 11; 78 Aug. 14 9:334 Nov. 1S 81 90 Bklyn Union Gas 100 1,5151 60 10c1 62 683% 69 68 Dec. 12 63 Dec. 12 62 June 6 74 Nov. 6 Brown Shoo,Inc 65 69 1,060, 10 87 100 95 Dec. 3 a96 Dec. 3 95 Jan. 17 98 April 9 100 a96 100 100 96 Preferred 49,260 6 2,000 7% 8 9 9 Sale Brunsw'kTerm&RySee.100 834 Dec. 27 93% Dec. 271 6% Jan. 29 16% June 6 181,400 3,400 113 1433% 100 Sale 151 150 154 149 Dec. 5 156 Dec. 11, 108 Feb. 5 16134 Oct. 26 Burns Bros Butte Cop & Zinc v tc_ -8 100 Butterick Butte & Sup C.Ltd..10 Calif Packing Corp_no par Calif Petrol vol tr ctf 100 100 Preferred Calumet & Arizona Mg_10 Case(J1)Thresh M pfctf 100 100 Central Foundry Ordinary preferred..100 100 Central Leather 100 Preferred Cent & So Am Toleg 100 Cerro de Pasco Con_no per Certain-Teed Prod_no var 100 1st preferred Chandler MotCar(The)100 25 Chile Copper 5 Chino Copper_ Ciuett, Peabody dr Co_100 100 Preferred I 138,080, 11,150, 10 16 281,750, 165a Sale 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 Sale 982,440, 65 Sale 11,805, 104 Sale 494: 99 102 129,352 30% Sale 1,6461 350, 101,780, 68% Sale 551,090 17 Sale 310,710 42% Sale 6,370 45% Sale 97 1,200 93 31,230 750 15,600 5,400 22,925 13,900 1,700 900 100 600 87,500 1,200 10 17,557 200 100 5,600 60,400 62,500 850 200 I 13,400, 385,540, 36% Sale Colorado Fuel & fron.._100 221,660, 32% Sale 29,400 Columbia Gas & Elec_100 35 3,535; 28 600 Computing-Tab-Rec..100 150,691; 87 Sale 36,691 Consolidated Gas N Y_100 10% 18,700, 8 1,700' Cons It-State Call Mg_ 10 52,1111 87% Sale 10,980, Continental Can Inc__100 5,700 88 110 400 100 Preferred 55 5,200, 45 2,150 Continental Insurance_ 23 Corn Products Refin 100 113,750 2,182,311; 31 Sale; 44,179; 91 Sale 3,188 100 Preferred 92,090 1,913,170, 54% Sale Cruceble Steel of Amer_100 2,400 14,0741 90 Sale] 100 Preferred per. 842,500, 28% Sale 61,150 Sugar_no Cane .Cuba 100; 87,436' 80 Sale 12,530 Preferred 150 100 1,110: 145 Cuban-Amer Sugar.... 100 97 4,665! 94 100 900 Deere & Co prof 10, 10 100 Diamond Match Distillers' &cur Corp_100 113,500 2,710,115' x33 Sale 29,600 Dome Mines Ltd (The)_10 221,0151 8% Sale 52% 1,910, 49 Bloc Storage Battery 100 27,500, 22% Sale 800 Elk Horn Coal Corp___6u 9,270, 13% Sale Federal Min & Smelt._106 900 33,918, 35% Sale Preferred 100 1,900, 34 12,614' 28 Fisher Body Corp.. no par 900'I 6,185' 70 87% Preferred 100 200 Gas Wins& Wig,Inc No par General Chemical 100 Preferred 100 100 Oswald Cigar Inc Preferred 100 100 General Electric Gen Mot Corp tern ctrs 100 Preferred temp ctfe_100 100 Goodrich (B F)., 100 Preferred Granby Cons M,S & P.100 areene Cananea Copp_100 Gulf States Steel tr ctfs 100 100 1st preferred Hartman Corporation.100 Haskell & Barker C no par 100 Homestake Miniug Inspiration Cons Cop__20 Int Agri° Corp v 1 c 100 100 Preferred v 1 o Internet ilarvel, now_100 100 Preferred, new Internal Mere Marlue_100 100 Preferred 23 luteruat Nickel 100 Preferred International Paper....100 100 Preferred Preferred stamped 100 100 Inc Tea Jewel 100 Preferred. Kayser (Julius) & Co_ 100 25 Kelly-Springf Tire 100 Preferred Kelsey Wheel, Inc_ _ 100 100 Preferred P Kennecott Copper.._no par Kings Co Elec L & Pow100 100 Kresge (S 8) Co 100 Preferred 100 Kress (8 H)& Co Preferred 10) Laekawanna Steel__ _100 Laclede Gas (St Louls).100 Leo Rubber é Tire_no par Liggett & Myers Tob.._100 Preferred_ 100 Loose-Wiles His tr ethi..100 100 First preferred 100 2nd preferred 100 P Lorillard 100 Preferred 100 Mackay Compadai Preferred 101) 100 Manhattan Shirt Marlin-Rockw vi c_ no par 8 Sale 17 183/a 19 20 3 Sale 43% 193/a Sale 633% Sale 673/a 7034 534 Sale 173% 18 1734 Sale 4734 Sale 213% Sale 64 Sale 603% 62 923% Sale 583% Sale 103 106 101 109 3 Sale 34% 373% 42 104 33 33 107 Sale 40 103 2034 37/5a 623/a 101 5104 18 5333/a 61 1003% Sale Sale Sale Sale 103 Sale Sale Sale Sale 103 37 39 :373% Salo 363% Sale 1003/a 1023/a 83/a Sale 71 Sale 1023% 103 51 58 47 Sale 1013% 103 5534 Sale 92 90 30q, Sale 803/a Sale 130 160 603% Sale 5 3/a Dec. 30 127/a July 10 53a Dec. 30 83/a Dec. 4 73/a May 21 1834 Nov. 23 17 Dec. 16 173/i Dec. 27 163/a Dec. 30 219/ Dec. 7 163/a Jan. 2 3334 May 14 46 Dec. 4 4834 Dec. 2 3(33% Jan. 3 50 Nov. 23 19 Dec. 3 233% Dec. 6 12 Jan. 7 243% Nov. 9 63 Dec. 30 703% Dec. 11! 36 Jan. 5 703% Dec. 11 DOC. 30 71 May 21 61 Dec. 30 69 Dec. 10 61 31! 73 Jan. 8 9234 Dec. 31 91 Dec. 5 923% Nov. 21 413% April 22 19 Dec. 18 19 Dec. 18 18 35 Dec. 14 39 Dec. 12 33% Nov. 9 53 April 8 513% Dec. 26 613% Dec. 10, 54 Dec. 26 7334 Feb. 27 51013/aDec. 20 106 Dec. 5! 1013% Dec. 26 103 Nov. 12 al06 Dec. 27 al06 Dec. 27, a102 Oct. 16 all° Mar. 28 33 Dec. 24 36 Dec. 5 2934 Mar. 6 39 Nov. 12 373/a Dec. 24 3734 Dec. 171 30 Oct. 19 403% Nov. 21 853% Dec. 26 853/a Dec. 26 8434 July 21 87 June 13 102% Dec. 28 1093/a Dec. 11; 683% Jan. 2 10334 Dac. 11 173% Dec. 31 203% Dec. 2 143% April 4 21 Oct. 18 3 Dec. 5 313/a Dec. 28 473.4 May 16 5313% Dec. 28 38% % Dec. 9' 45 Jan. 3 65 Nov. 15 Dec. 30 613 61 103 Dec. 30 103 Dec. 30 95 Jan. 5 105 Nov. 22 DOC. 3 1 36 Dec. 30 413% 373% Dec. 2 443% 36% Dec. 2 383% 94 Dec. 26 101 963/a Sale 83/a 83/a 834 Dec. 30 934 67/a Dec. 30 723% 6834 Sale 510134103 x1013jDec. 20 107 56 59 56 Dec. 18 60 483% Sale 46 Dec. 23 49 101 Sale 102 Dec. 7 101 575/a Sale 5534 Dec. 2 613/a 91 Sale 87 Dec. 20 91 293% Sale 283% Dec. 28 313% 793/a Sale 7734 Dec. 30 813% 135 160 150 Dec. 9 150 363% Sale 423% Sale 3 Dec. 11 3434 Jan. 29 54% May 24 Dec. 30, 2834 Mar. 25 413% Dec, 30 Dec. 17. 30 Jan. 24 :39 July 6. Dec. 6 8234 July 15 1053/a Nov. 12 Dec. 4 734 Sept. 23 13 June 21 Dec. 3 65% Oct. 7 95 Feb. 19 D3C. 10 99 July 19 107 Dec. 10 Dec. 23 41 Feb. 5 60 Dec. 23 Dec. 4 293/a Jan. 15 50 Nov. 16 Dec. 31 Dec. 311 x903% Jan. 7 101 Dec. 10, 52 Jan. 12 74% May 16 Dec. 31. 86 Jan. 31 91% June 4 Nov. 12 Dec. 11! 273% April 15 31 Dec. 14 7734 Dec. 30 83 Feb. 18 Dec. 9 136 Aug. 21 152 Jan. 31 1 Dec. 271 90 June 6 96 Feb. 14 Dec. 19 a113 Dec. 10 a113 Dec. 19 Dec. 31, z33 Jan. 2 64% May 24 52% Sale 46 Salo Dec. 6 6 June 19 13 Nov. 6 123% Sale 11% Sale 48 April 22 5634 Oct. 19 55 50 50 55 x30 Sale 28% 29% 2834 Dec. 13 z30 Dec. 2 22 Jan. 7 3134 Nov. 22 11 12 9 Dec. 30 12 Dec. 11 9 DX. 30 15 Oct. 18 9% Sale :39% Salo 37 Dec. 27 403% Dec. 14 27 Jan. 10 4434 Oct. 18 37 39 38 38% 36 Dec. 20 37 Dec. 19 26 Jan. 24 43 June 18 40 36 91 93 92% Sale 9234 Dec. 31 93 Dec. 16 70% Jan. 4 93 Dec. 16 34% Sale 262,610, 29 Dec. 26 3234 Dec. 11, 253% Oct. 11 39 Feb. 13 2934 Sale 36,5651 30 Sale 4,034' 160 180 165 100 178 x168%Sale x1683/aDec. 31 x168%Dec.311 165 Jan. 26 135 Aug. 12 95 104 101 300 103 100 105 102% Dec. 11 103 Dec. 16, 9934 June 24 1033% Jan. 24 3,2751 83,508, 36 Sale7 43% 4534 4734 Sale 45% Dec. 5 4934 Dec. 6 34 Jan. 4 53 June 17 6,900 1 9634 Mar. 7 105 Oct. 28 1,600, 90 100 103 98 103 216,483, 134% Sale 153 Sale 5150%Sale j1423/aDec. 26 1553/a Dec. 5, 1273% Jan. 7 15834 Oct. 18 11,400 31; Dec. 1,131,570, 107% Salo 125% Sale 132 Sale 1233% Dec. 6 132 10634 Jan. 15 161 Aug. 21 31,800 61,830 81 Sale 7,150 80 Dec. 27 8334 Dec. 211 7534 Oct. 10 83 Feb. 1 81% Sale 81% Sale 3 % 38 Jan. 2 5974 Oct. 18 11; 170,335 38 Sale 533% Dec. 26 57 Dec. 22,500 56% Sale 55% Sale 11,960 97 Sale 101% 106 5100%106 595% Dec. 23 101 Dec. 9 9574 DaC. 23 101 Dec. 9 660 Jan. 25 86 Oct. 23 74 20 Dec. 41,615 78 6,800 80 78 Dec. 30 81 78% Sale 79 Sale 17 5834 Nov. 6 112,189 303% Sale 11,650 45 Sale 48. Sale 4154 Dec. 30 4934 Dec. 4 383% Jan. 10 Dec. 1,075 05 583% Dec. 19 6934 53,217, 89 5834 Dec. 19 1113% April 25 61% Sale 68 Sale 700 200 102 90 99% 93% Sale 9334 Dec. 31 95 Dec. 24. 933% Dec. 31 102 Jan. 10 Mar. 30 55 Doc. 30 1,500 5,895 42 Sale 55 51 Dec. 24 55 D3C. 30 37 54 56 52 4,000 123,319, 35% Sale 45 Dec. 23 4834 Dec. 10 34 Jan. 5 4934 July 30 46% 48% 45 Sale 68 2, June 26 95 Nov.13 Dec. 95 2 148 3,095 95 Dec. 97% 95 Sale 94 98 135,350 1,137,340, 17% Sale 40% Sale 47% Salo 413/a Dec. 26 49% Dec. 4' 413% Dec. 26 5334 Oct. 18 1 2,700 39,360 12 Sale 10% Sale 13 Sale 1034 Dec. 30 14 Dec. 181 10 Jan. 8 19 June 28 5,000 93,810 36 39 51 Sale x48 Sale x47 Dec. 31 5234 Dec. 6 33 Jan. 5 65 June 26 Nov. 12 5,400 33,000, 113 Sale 115 Sale 10934 Dec. 26 1163/a Dec. 31 101 Oct. 14 121 900 2,100 112 116 116 Sale 114 Dec. 24 116 Dec. 31 107 Oct. 23 1143% Dec. 11 70,180 1,671,975' 22 Sale 2534 Dec. 17 2334 Dec. 2 21 Jan. 15 33 Oct. 16 26% Sale 28% Salo 566,750 8,027,590 83 Sale 117 Sale 112% Sale 103% Dec. 17 117 Dec. 2 833% Jan. 2 1253/a Nov. 6 70,100 31% Dec. 2 333/ Dec. 4, 27 Jan. 15 33 Nov. 7 564,872; 30 Sale 3234 Sale 31% Sale 625 96 Dec. 5 963 Dec. 20 8834 May 2 93 Mar. 15 2,336 96% Sale 95 26,100 614,525' 29% Sale 30% Sale 2934 Dec. 26 3334 Dec. 11 243% Jan. 15 4534 May 15 30 Salo Mar. 5 I 99 Mar. 5 99 100, 75 95 95 75 80 100 2,328 28,079 60 62% Sale 65 62% 64 6134 Dec. 30 63 Dec. 1:3 58 Jan. 22 6534 Jan. 3 4034 30 Dec. Nov. 14 27 4 Dec. 39 Dec. 6,5001 27 10,910 30 313/a 30 Sale 33 3:3 36 4001 95 3,100 85 92 88 Dec. 27 83 Dec. 27, 88 April 30 9754 Jan. 30 88 93 96 200 880 95 Sale 103 Dec. 30 103 Dec. 30 95 Jan. 2 103 Oct. 21 April 2 72 Dec. 19 16,9001 60 D3C. 2 72 Dec. 19' 41 69% Sale 74,835 44% Sale 60 Sale 350'1 710 70 90 Dec. 30 903/a Dec. 26 7634 Feb. 20 9034 Dec. 26 91 35 85 91 80 1,050 23 Dec. 5 2934 Dec. 28 2134 July 2 35 Oct. 18 3,590 28 Salo 29 Salo 28 Salo 1001 87 Dec. 31 87 Dec. 31. 81 Jan. 5 90 Mar. 13 1,100 75 79 87 Sale 85 90 92 96 95 97 93% a1l3 46 11 Dec. 7 9534 Dec. 19 all3 Dec. 2 52/a Dec. 30 13% 3 1 3 160,400i 10011 100, 100: 200 23,009 800 16,200, 2,1001 420i 10,210( 800I1 2,120. 3001 550, 1,330i 1 900 859,0651 32% Sale 93 2,8671 91 1,030 425' 1,800 1,390 331,999 77% Sale 82 5,052 78 57,400 7,733 160 200 14,111 100 107 54,636 18 Salo 1,810: 80 85 64 :3,100, 50 21,200 155 170 110 3,234,' 95 5,6411 75 Sale 12,612 57 59 1,201) 2,450 Mar. 25 413% 35 Sale 531% Sale 53134 D3C. 30 36% Dec. 3 29 37 Aug. 19 101 97 102 98 100 24 105 June 83 26 Dec. 105 26 Dec. 105 110 ! 100 95 110 105 Dec. 26 105 Dec. 26 1043/a Nov. 7 106 105 103 31 6734 Jan. 50 31 Dec. 31 Dec. 6734 Sale 6734 55 67% 67% 103% Sale 103 105 103 Dec. 28 1033/a Dec. 2 100 Jan. 2510334 Dec. 30, 919/a 10 Dec. x72 30 D3C. 6534 653/a Sale 68 Sale . 67 83 Dec. 27 88 Dec. 4 82 July 10, 90 87 83 x84 . 87 21 24 April 12 11 21 Dec. 31 Dec. 2034 Sale 21% 21% Sale 175 190 210 236 189 Dec. 3 210 Dec. 30 16134 Aug. 29 210 110 3 June 20 Dec. 27 Dec. 10034 10(3 10334 101 110 10634 110 38 Dec. 2 45%1Dac. 30 1734 Jan. 8, 453% 45% Sale 38 Sale 94 3 Jan. 8234 93% 9:3 95 D3C. 4 96 Dec. 23 53 Feb. 15 96 91 94 89 96 23 Aug. 200 9 Dec. 160 14434 26 Dec. 150 146 157 155 Sale 105 111 10534 110 1013% Dec. 27 105 Dec. 23 98 Jan. 15 110 73% 70 Dec. 14 75 Dec. 3 70 Dec. 14 783% 70 72% 75 65% 61 Dec. 14 6134 Dcc. 27 57 Jan. 4 65 6:3% 64% 61 65 June 10 78 78 67 67 78 Dec. 2 75 Oct. 17 87 80 Dec. 31 85 80 Sale 85 Sale Nov. 12 Nov. 14 Nov. 8 Nov. 19 Dec. 31 Dec. 2 May 16 Mar. 8 Dec. 11 Dec. 30 Nov. 13 Dec. 30 Nov. 1 Dec. 23 Mar. 26 Nov. 6 Feb. 28 May 28 Nov. 7 Sent.21 32 STOCKS-STOCK EXCHANGE RECORD STOCKS SALES. N Y STOCK 13)CCH•CIE 12 Months In 1918. December Par Shares. 11,700 Maxwell Motor tr ctf_100 14,210 lit preferred tr ctf__100 14,900 2d preferred tr ctf -100 100 2,400 May Dept Stores 300 100 Preferred Mexican Petroleum-100 465,130 220 100 Preferred 5 33,625 Miami Copper Midvale Steel & Ord__50 120,445 2,300 Montana Power-100 100 200 Preferred 50 5,150 National Acme 100 1,500 Biscuit National 100 200 Preferred 600 Natl Cloak & Suit_ _ _ _100 100 200 Preferred 42,000 Nat Cond't & Cable no par 20,420 Nat Enamel & Stamp_100 100 300 Preferred 100 15,100 National Lead 100 700 Preferred 19,500 Nevada Consol Copper _ _5 11,350 New,York Mr Brake 100 100 , 8,700 New' York Dock 100 500 Preferred 2,300 No Amer Co new stock.10o 100 Nova Scotia Steel & C-100 44,160 Ohio Cities Gas(The)....25 25 1,100 Ohio Fuel Supply 12,100 Ontario Silver Mining-100 10,300 Owens Bottle-Mach....25 5 8,000 Pacific Mall SS 100 400 Pacific Tel & Tel _50 _ _ 70,500 Pan-Amer Pet & Tr_ 100 • 5,300 Preferred 19,200 Peoria's Gas L & Coke_ 100 100 Pettibone-Mulliken_ _ _100 11,000 Philadelphia Co(Pitts)-56 Pierce-Arrow Mot C no par 100 Preferred 25 Pierce Oil Corp'n Pittsburgh Coal (of Pa)100 100 Preferred ' Pittsburgh Steel pref_-100 100 Pressed Steel Car 100 Preferred Pub Serv Corp of N J..100 Pullman Company.-_100 Railway Steel Spring-..100 100 Preferred Ray Congo! Copper-.10 Republic iron d etteel.100 100 Preferred Royal Dutch Co eertfs___ _100 Corp_.._ Savage Arms 100 Saxon Motor Car Sears Roebuck & Co-100 61,900 800 24,900 9,700 950 1,350 5,450 500 7,714 34,500 1,241 46,111 44,850 3,500 47,600 2,555 14,600 5,700 PRICES IN DECEMBER. Price about km 2 1918. [voL. 108. RANGE FOR YEAR 1918. Highest Lowest. Highest. Lowest. Dec. 31. ----Sale Prices Sale Prices. 44k. Sale Prices. Bid. Shares. Bid, Ask. Sale Prices. Ash. Bid. 2934 Sale 2734 Sale 200,800 2634 Sale 2734 Dec. 30 303 Dec. 10 237% Jan. 18 423-4 Nov. 12 27 Dec. 69% 50 Nov. 8 50 Dec. 27 53 Dec. 10 99,330 58 Sale 51% Sale 50% Sale 19 Dec. 31 2236 Dec. 10 19 May 27 32% Nov. 9 21 Sale 109,235 22% Sale 19 Sale 10 6334 2 Dec. Jan. 47 62 59 Dec. 27 6336 Dec. 10 59 12,450. 47 Sale 59 61 101 105 100 105 100 Dec. 28 104 Dec. 10 98 Oct. 7 104 Dec. 10 3,350 97 100 19 194 8 Oct. Jan. 4,891,140, 98% Sale 156 Sale 5179 Sale 15534 Dec. 2 j17934Dec. 31 79 7,820 80 Sale 104 107 a107 Sale 107 Dec. 11 107 Dec. 11 87 Jan.• 15 107 Dec. 11 24% Sale 207,430, 297 22% Sale 4 Sale 2234 Dec. 31 25% Dec. 2 2234 Dec, 31 3334 Jan. 31 Dec. 30 61 May 16 41 Dec. 30 47 Dec. 11 41 44 Sale 1,446,320 44 Sale 43% Sale 27,415' 69 Sale 73% 78 572 75 57194 Dec. 30 79 Dec. 9 64 June 25 813-4 Nov. 13 106 Dec. 5 10634 Dec. 5 95 Mar. 19 10634 Dec. 5 2,600, 99% Sale 103% ' 273 30% Sale 28 Sale 30,950, 26% Sale % Dec. 30 3034 Dec. 5 2694 Jan. 7 33 May 18 14,362' 105 106 100 110 108 Dec. 27 11034 Dec. 11 90 Aug. 13 11034 Dec. 11 _ % Dec. 21 1063% Sept. 28 114 Mar. 13 1123% Dec. 12 1123 2,913 10834 Sale 75 1,240 55 60 66 Dec. 17 6736 Dec. 30 55 Sept. 13 6734 Dec. 30 72 68 63 2,600, 95 100 100 120 103 106 1033-4 Dec. 30 104 Dec. 30 100 Jan. 10 104 Dec. 30 % Dec. 11 13 Nov. 25 21 July 5 15 Sale 238,820 177% Sale 16 Sale 1434 Dec. 30 173 44% Sale 44 Dec. 2 49 Dec. 11 3734 Jan. 7 54 May 20 402,240 38 Sale 47% Sale 91 Sale 903% Dec. 24 91 Dec. 4 88 Nov. 21 99 Feb. 20 2,585 96 Sale 4 Dec. 11 6234 Dec. 30 624 Dec. 11 43$ Jan. 7 893 67,250 4734 Sale 63 Sale 566 Sale 103 105 105% 107 10434 Dec. 6 10534 Dec. 2 99 Mar. 2 10536 May 18 4,540 98% 105 May 16 A 16 30 Dec. 9 19 Dec. 17% 18% 2136 5167% Dec. 30 517% Sale 171,750 18% Sale 87,625 118 Sale z101 %Sale 599 Sale 5987% Dec. 27 103 Dec. 14 98% Dec. 27 139 May 22 233% Dec.,14 2634 Dec. 2. 18% Jan. 9 27 May 18 19,612 2034 Sale 24% Sale 45 Dec. 14 48 Dec. 23 42 Jan. 2 483-4 Dec. 23 48 Salo 2,114 42 Sale 51 45 Dec. 31 5334 Dec. 3 3734 Aug. 16 577% Nov. 22 45 Sale 11,050 43 Sale 50 5234 Dec. 30 55 Dec. 21 5234 Dec. 30 70 Aug. 3 12,630 69 Sale 42% Sale 41% Dec. 2 443 Dec. 31 35 Mar. 25 48 Oct. 18 43% Sale 1,028,419 38% Sale 3 Dec. 31 z45 Dec. 31 40 Oct. 2 467% June 13 44 z43% Sale 43% 29,500 41 42 48 43% Jan. 22 13 June 17 7% sale 255,776 5% Sale x63-4 Dec. 20 834 Dec. 1 5734 Sale 57 Sale 549 Sale 544 Dec. 30 5834 Dec. 7 44 Dec. 30 703% Aug. 27 37,625 553 4 Sale Jan. 21 40 Dec. 17 17 Dec. 2334 40 33% 7 x31% Dec. 33 118,773 25 Sale 37% 25% 20 24 1854 Dec. 30 203% Dec. 14 1834 Dec. 30 27 Oct. 9 7,750 19 29 18 25 4 Sale 569% Sale 657 6434 Dec. 26 57034 Dec. 31 6334 Oct. 30 7234 Oct. 28 240,920, 11334 Sale 119 Sale 113 Dec. 14 121 Dec. 31 86 Jan. 8 1247% Oct. 28 72,600' 86 Nov. 6 4734 Dec. 30 56% Dec. 6 39% Jan. 2 61 52 Sale 188,3261 3934 Sale 48% Sale 1,2501 30 30 Sale 30 Dec. 2 30 Dec. 2 2934 Jan. 18 37 May 14 25 45 55 29 Oct. 17 April 21 11 Dec. 3534 32 30 31 Dec. 31% Sale 109,0001 z27 Sate 3394 2834 12 Nov. 16 Jan. 34 1 5134 Dec. 46 23 Dec. Sale 43% Sale 427 405,1851 36 Sale 3934 102 Sale 10134 103 10136 Dec. 20 104 Dec. 14 8954 Jan. 28 104 Dec. 14 13,5501 88 92 26 Oct. Nov. 16 19i 153% 1 Dec. 17 2 Dec. 16% . Sale 153 356,440, 16 Sale 4534 Dec. 2 4834 Dec. 17 42 Jan. 18 88 Feb. 28 45% Sale 4634 Sale 308,300; 4534 Sale 16 2 Dec. Jan. 857 79% 16 Dec. 2 Dec. Sale 85 18,1501 7934 Sale 85 85% 86 853-4 90 94 90 Dec. 24 903.4 Dec. 24 90 April 2 98 Jan. 10 3,8851 89 90 Sale 98 13 Aug. 73 26 Nov. 553-4 11 Dec. 67 6 5834 60 161,302, 59% Sate Sae 60 Dec. 62 93 AprIl 27 100 Aug. 5 95 100 5,190' 95 Sale 5 Mar. 1095 2 Oct. 85 5 Dec. 92 18 Dec. 90 94 13,713 101% Sale 89 9134 Sale 53,505 112 Sale 12434, Sale 119 Sale 11434 Dec. 26 1257% Dec. 6 10094 Jan; 7 132 Nov. 12 11 7 Dec. 2 1 Jan. 78 48% 11 Dec. 78 2 Dec. 71 714 Sale 576 Sale 445,8851 48% Sale 6,0251 95 Sale 102 105 105% Sale 103 Dec. 23 105 Dec. 31 95 Jan. 2 1053-4 Dec. 31 211% Sale 520%, Sale 51934 Dec. 26 22% Dec. 9 1934 Dec. 26 2834 May 16 219,9961 2334 Sale 7434 Sale 73 Dec. 26 78% Dec. 1 x727% Jan. 15 96 May 16 75% Sale 1,407,1451 797% Sale 967% Dec. 26 100 Dec. 11 92% Jan. 2 10236 Sept. 17 99% 99% 98 100 23,930,, 92% Sale 99 Sale x76 Sale x70 Dec. 31 110 Dec. 17 z70 Dec. 31 145 Oct. 18 209,833' a711% Sale 5134 Dec. 31 63/ Dec. 16 513-4 Dec. 31 80% May 16 58 Sale 60 24,225 80 5334 Sale 7 Dec. 27 10 Dec. 12 4% Aug. 22 18 Nov. 13 8% Sale 734 Sale 87,835 7% Sale 54,018. 145 Sale 158% 162 17636 Sale 161 Dec. 3 176 Dec. 31 1339-4 June 8 17636 Dec. 31 Dec. 2. ShattuckArizonaCopper 10 Sltelair 011 & Refg_no par Ellofe-tihetfield Steel&1.100 100 Preferred 100 Standard Milling 100 Preferred (The)100 Corp er Studebak 100 Preferred StutzMotCarofAm_Nopar 100 Superior Steel 100 let preferred. Tenn Cop & Chem wh tss_ 100 Texas Co (The) Rights 100 011 Tidewater Tobacco Prod corp....100 100 Preferred Transue&Wms Steelnopar • 42,120, 16% Sale 4,700 161,400 1,017,000 20% Sale 4,400 99,5251 40 Sale 1,950, 84 400 6,923: 79 83 515 1,7551 78 353,250 2,604,850, 50% Sale 08 5,2371 91 1,500 72,420, 38% Sale 22,600 1,800 96,100, 39% Sale 10 98% 1,0601 93 17,800 n8,1651 12% Sale Sale 33,400 764,4251 14134 33,775! 33,775 150 1,342' 160 170 127,200 1,654,103; 50 Sale 89 21,100, 83 9,900 2,100 16,500; 39 15% Sale z13 Sale z13 Dec. 31 15% Dec. 5 z13 Dec. 31 183% Feb. 19 3134 Dec. 28 34% Dec. 9 2534 April 11 39 Feb. 5 33% Sale 34% Sale 46 Dec. 2 51 Dec. 17 39 Jan. 24 7154 May 24 50 Sale 46 Salo Feb. 28 0334 July 29 81 00 90 85 115 130 113 120 120 Dec. 9 120 • Dec. 11 84 Jan. 0 120 Dec. 11 25 89 Jan. 25 June 80 13 86% 85% 90 .85% Dec. 9 86 Dec. 80 48% Dec. 24 5334 Dec. 16 333-4 April 24 72% Nov. 8 51 Sale 50% Sale July 3 100 Nov. 9 8034 Dec. 9234 91 Dec. 17 95 02 95 Sale 45 Dec. 3 55 Dec. 11 37 Oct. 4 55 Dec. 11 46 Sale 49% Sale 48% May 3 25 Mar. 1 Dec. 3434 36% Sale 35% 3634 35 Dec. 23 38 93% a98 Dec. 30 a9834 Dec. 30 05 Feb. 16 100 Sept. 27 95 100 124 Dec. 21 July 6 30 . Dec. 1234 Dec. 30 15 13% Sale 14% Sale z182ASale b184%Sale bl75J4Dec. 30 1913% Dec. 11 13034 Jan. 7 203 Oct. 18 26 Dec. 1451734 Dec. 31 1434 Dec. 26 1754 Dec. 31 17% Sale 180 205 200 210 20034 Dec. 30 20034 Dec. 30 178 Jan. 18 nog Dec. 30 25 Dec. 11 Mar. 8236 48q 11 7636 Dec. 3 823% Dec. 77 Sale 81% Sale 9688 Dec. 3 10434 Dec. 3 x87 Mar. 10 1043-4 Dec. 40 93 101 102% 104 May 15 42 10 Oct. 36 3834 Dec. 27 40% Dec. Underwood Typewriter100 100 Preferred Union Bag & Paper neto100 pay Steel__no United Alloy United Cigar Stores _100 100 Preferred 100 United Drug 80 lit preferred 100 2d vreferred 100 Dyewood United 100 United Fruit (IS Cast Iron Pipe & F.100 100 Preferred 100 US Express 100 U S Indust Alcohol 100 Preferred S Realty dr Improv 100 100 U S Rubber 100 First preferred CT S bm,saRefs & Mg ..50 80 Preferred 100 4,255 10 1,205 900 7,645 63% 67% 12,900 100,550 37 Sale 61,500 792,479 92 Sale 105 3,712 101 2,800 5,601 68% 70 1,300 50 3,915 47 1,000 500 2,904 80 Sale 500 200 64,837 119% Sale 11,050 7,100 40,735 12 Sate 8,820 44 Sale 600 18 100 2,570 15 38,200 1,236,810 118 Sale 98 309 4,075 88 11 700 10,100 9 128,000 561,850 54% Sale 2,375 38,190 08 Sale 99,600 4534 Sale 10,800 400 6,970 45 Sale 106 112 . 103 115 112 Dec. 9 112 Dec. 0 100 April 13 112 Dec. 0 a115 Dec. 24 a115 Dec. 24 104 July 16 112 Feb. 8 109 108 74 Dec. 24 76 Dec. 23 65 Jan. 24 80 May 13 75 Sale 74 76 351 Dec. 30 39% Dec. 3 3634 Oct. 30 44% May 13 39 Sale Sale 3834 103% Sale 108 Sale 103 Dec. 2 10831 Dec. 2 8334 Mar. 28 10834 Dec. 28 108 Dec. 30 1083% Dec. 3 10134 Jan. 5 110 July 18 104 112 84 Dec. 4 903-4 Dec. 31 60 June 26 9034 Dec. 31 84% 90% Sale 83 50 Sale 49 60 493% Dec. 18 50 Dec. 6 46 Jan. 24 503-4 Nov. 13 84 Dec. 2 8534 Dec. 14 77 June 27 8554 Dec. 14 95 85 84 Sale May 18 58 Dec. 3 58 Dec. 3 58 Sept. 24 61 50 61 50 61 145 Sale 516634Sale 145 Dec. 2 516634Dec. 31 11634 Jan. 16 51663%Dec. 31 13% Dec. 9 16 Dec. II 1134 Aprll 6 16% May 16 14% Sale 13% 15 4334 Sale 42 437% Dec. 31 4636 Dec. 11 40 Sept. 10 47% Feb. 1 46 16 16% 19 167% Dec. 27 16 Dec. 27 1436 April 25 10% May 28 % Dec. 1 96 Dec. 2 137 May 24 x96% Sale 1023% Sale x96 Dec. 2 1053 96 Sale x93% 96% 96 Dec. 2 9734 Dec. 20 94 Oct. 11 09 Mar. 21 Dec. 9 8 Mar. 6 26 Oct. 28 22 31 Dec. 173% 1734 Sale 20 15 72% Dec. 2 803% Dec. 31 51 Jan. 15 8036 Dec. 31 7434 Sale 80% Sale Dec. 30 x95 Jan. 15 110 Dec. 30 110 2 Dec. 107 107 Sale 110 Sale 3 Dec. 30 48% Dec. 4 36 April 13 5034 Oct. 19 43% 45 47% 4434 Sale 13 4294 April 13 4734 Dec. 13 Dec. 12 Dec. 47 4734 46% 50 44 46 9234 Dec. 26 99M Dec. 11 867% Mar. 25 11636 Aug. 28 United States Steel___ 100 1,788,560 31,854,340 918.&911,Sales 94%-%Sale 95 Sale Mar. 25 11338 Dec. 31 100 Preferred 152,206 109 Sale 11134 Sale 113% Sale 11136 Dec. 2 113% Dec. 31 108 14,100 4 Sale 57134 Dec. 26 8034 Dec. 10 7134 Dec. 26 93 Oct. 19 76% Sale 5733 10 114,270 Utah Copper 634,920. 8134 Sale 12 Dec. 30 14% Dec. 5 11 Sept. 16 1631 Nov. 12 13 Sale 13% 16 Utah Securities•t c_ _100 50,850' 12 Sale 14,600 51 Dec. 30 56 Dec. 12 33% Jan. 2 60% Nov. 7 51% Sale 52% Sale Vs-Carolina Chemical_100 15,400 312,895 34% Sale 110 112% z108 113 11134 Dec. 6 1131 Dec. 16 98 Jan. 16 113 Dec. 16 100 Preferred 900 7,150 97 102 Dec. 18 58 Dec. 2 50 Jan. 5 7334 July 27 56 Vs Iron Coal dr Coke ..100 58% Sale 1,000 24,039 8% Dec. 13 101 Dec. 26 7% Apr. 3 1034 Dec. 26 100 Vulcan Detinning 425 838 20 a42 Dec. 23 25q Mar. 13 42 Sept. 5 Dec. a35 Preferred 100 700 70 64 Dec. 30 73% Dec. 2 63 Sept. 17 8334 Jan. 13 66 Sale 73% Sale 79 Wells, Fargo Express...100 9,349 74 1,450 89% Dec. 5 77 Aug. 2 953% April 15 27 Dec. 88% Sale 586% Sale 58434 Western Union Teleg 100 7,900 109,090 853% Sale 95 Dec. 16 95 Dec. 16 95 Dec. 16 95 Dec. 16 95 x_ Westinghouse A Brake_50 432 432 31 Dec. 4434 Dec. 11 3836 Jan. 17 47% May 16 4234 Sale x41% Sale x403( Weet'gh E & Mfg assent.50 60,000 493,665 4034 Sale 59 Jan. 11 647% Feb. 20 70 x59% 70 50 First preferred 50 62 1,775 57 Dec. 31 200 Dec. 31 200 Dec. 31 200 31 Dec. 200 200 Sale 100 Weyman-Bruton 100 100, 4234 Dec. 31 477% Dec. 12 36% Jan. 2 50 Nov. 12 4234 Sale White Motor 45 47 50 48,520 37 Sale 9,7001 24% Dec. 2 27 Dec. 10 1534 Jan. 15 30 Nov. 12 261 Sale 243% Sale 28 121,700 1,945,855 21 Sale Willya-Overland 87% Dec. 6 89 Dec. 27 75 Jan. 3 8934 Nov. 12 88 5871 Sale New preferred 86 100 4,225 34,350 73% 68 Dec. 2 7734 Dec. 1 4554 Jan. 2 7734 Dec. 17 73 Sale Wilson & Co Inc•t 0_100 68 Sale 262,210 45% Sale 51,350 90 90 9036 Dec. 13 9936 Dec. 13 907% Sept. 9 9936 Dec.i13 Preferred stock 99 100 95 100 100 1,100 90 Mar.25 128 Oct.t21 'Woolworth (F W).._....100 2,500 23,990 114% Sale 118 122 127% Sale 12034 Dec. 20 12734 Dec. 31 110 111 Oct. 2 115 Sept. 0 121 113 115 115 110 Preferred 113 100 730, 4 69 Aug. 28 34 Jan. 1 Dec. 57% 3 51 Dec. 5234 55 35% 51% Sale 1VorthIng'n P&M•t c.100 78,840' 35 9,175 88 Dec. 30 88 Dec. 30 8534 Feb. 5 9134 April 6 89 85 91 88 85 Preferred A •t c_100 100 4,495 82 18 Jan. 59 7 Dec. 68% 24 Dec. 7036 July426 Preferred B v t c 100 67% Sale 566% Sale 566 19,236 60 Sale 2,100 paid. a 31c-stock thy. 1 Quoted ex-dividend 3d g pall. Full paid. • Less than 100 awes. b Er-rt c ,. • Ex-div. 2d I d lit MIL during the month prior to this date. • x-dividend. e Vrust cents. 33 GENERAL QUOTATIONS T STOCKS. BONDS AND 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 ill(' month preceding the flats of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and Interest," we have adopted the same method, and no longer employ a designating mark to indicate the fact except where there Is a deviation from this rule. The reader will understand, therefore, that unless the letter "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 eases the ;rice inoludes 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 ease of Income bonds and bonds in default, the price is always "flat," and no designating mark is employed to Indicate the fact. 4. Stook prioes marked thus (d) are per share. All others are per oent except bank stock prices, which are quoted per share unless otherwise stated. 5. It should he borne in mind in the use of these tables that the quotations for many Inactive and unlisted securities are merely nominal, but in all oases the figures are obtained from sources which are considered reliable. 6. The following abbreviations are often used, viz.:"M" for mortgage,"g" for gold, "g'd" for guaranteed,"end" for endorsed, "eons" for consolidated, "cony" for convertible, "s f" for sinking fund, "I g" for land grant, "op" for optional. 7. The black-faced type In the letters showing the interest period indicates the month when the bonds mature. NOTICE—All bond prices are "and Interest" except where marked "f" and Income and defaulted bonds. Bonds Bid. - Ask. Bonds Bid. Ask. Ask. Bond3 Salt & Harrisb—Seo West Md 1 Buff & Susquehanna RR CarpRAILROAD BONDS 75 72% J&J 18148 Dec 30 1963 Baltimore A Ohio— Sends of companies consol'd are 89% 8934 Burl Ce(1 Rap&No-8oeCRIAP Prior lien 3%s g 1925___J&J often under the consolidated name. 90% 88 83%• ButteAnaconda A Pac Is'44 FAA 1st M 4s g July 1 1948 __A&O, 81% Adirondack—See Del A Hudson 101 Cony 4q 61933 red 1923 M&S, 78% 83 709j California N W Is 1928 gu_ Ade° Akron dr; Barb Belt g 4s'42_J&D 95 100 81 81% Cam A Clear—lit Is g '41..JAJ 100 Ref & gen Is 1995 Set A -IAD 95 Ala Gt South lit 5s Dec'27_J&J 85 FAA _ 1935 4s g M 99% Gen J&J 1919 99% 90 5% notes Gen M Si Dec 1 1927 E_JAD 04% 93 9034 Eq g 4%e 1919-Feh '22 _ PAN b 6.10 5.60% Canada Sou Is 1962 ser A_AA0 1st cons g 5s 1943 Set A_JileD A&Ob 6.10 5.604 Can No—Land gr Is 1919_ IP&A Eq 41.s 1919-1923 80 Belt Ry of Chatt 5s 1945JAJ 6% 1st con deb 49 1030 gu_JAD30 b 6A% Pitt4c&M diY3%s g'25MAN 87% Ala Midland—See Atl Coast Lin 9s% 100 6% notes Jan 1919 __Ada 10 Pitteb Lake Brie A W Va— Alabama N Orl T & P June— % 634% 88 Refund gold 48 1941 __MAN Eq4As various_____ b 77% 78 "A"dab 5s g '40 red'10_MAN If '86 84 Manitoba SE 1st 4s £'29 Pda W dly 1st g 334s 1925...J&J 87 83 "B"deb g 58'40 red'10_MAN If 82 84 Central Ohlo— Winnipeg Term g Is '39 g J&J "C"deb g 53 Nov 1 1940_A&0 If 82 g Reor Pacificcon 1st 4 Canadian 89% As'30MAS Ala Tenn & Nor Si 1956__A&O 82 90 Monon RAY 1st g Is 1919 PAA Cons deben 4s perpetual__ J&J If 78 083.4 Ala & Vick—Con g Si 1921 A&O % g 80 Mch 2 1924..M&S2 100% 1003( Ohio notes RlyRR—lat 8% 955 fie'36J&D 2d consol g 58 1021_ __A&O 5.75% 89 4 97 Eq It 454s 1919-1928 Gen gold Is 1937___ A&O V1cks & Met 1st g 6s'21_ AAO 50 FAA 1929_ 43.4s Aroostook Val Flunt&BS 1st Os 1922_ _J&J 95 Albany & Susq—See Del & Hud 90 95 New Brunsw 1st g Is'34_FA A If 87 Ray Spen&-G 1st 68'20 FAA Allegheny Valley—See Penn RR 75 99 Cons deb Is perpetual_JAJ If 73 Pitts Cl & Tel lit Os '22_ A&O Alleg & West—See Buff R & P 91 100 99 Ont&Que deb gu Is perp.J&D If 89 Pitts Juna-1st g Os '22 J&J 100 Allentown Term 4s g 1919__J&J Carb A Shaw—See IllInole Cent 2,1 g Is July 1 1922__ JAJ • 85 Alton Bridge—See St C M &StL 59 Carolina Cent—See Scab Air L. 94 57 92 Sch Illy East Side 4s'25_JAD Ann Arbor lit g 4s 1995___Q-J Caro Clinch de Ohio 58 1938_ It'D 8434 70 Staten Tel Ry 44s 1943_JAD Arkansas Oklahoma & West6% Equip Is 1919-1922_ __ FAA b6.50 63 Tel & Cin div 4s 1959 _J&J J&J 65% 1st g Os Jan 1 1947 & r & Yadkin River— Pitts Aroostook A 4s Va 1st Carolina W g '90 A&O 80 75 Aroostook Northern—SeeBango 50 lit s f Is 1962__ _____JAD Bangor A AroostookAroostook Valley—See Canadian Pac. 1st M Is g Jan 1 1943 92 Carthage A Adirou—See N Y C J&J 88 Asheville de Spartanburg—S U 81 88 70 Cons refund g Is 1951 55 JAJ Catawissa cons g 4s 1948 __Ads() 52 Col 1st m g gu 48 1995 __J&J 80 Medford Eat Is 1937._.MA N 85 CRIaFAN—SeaBCR A N 80 1928_J&J Atch & East'n Ptscat Div g 5s Jan '43__A&O s 78% Central Argentine Ry Ltd— Atchison Topeka & Santa Fe— 9134 93 81 84% Cony g 6% notes 1927 __FAA int StJohnsItivExt 80 5s'39_F&A 1995__A&O 75 4s gold mort Gen Van Bur Ex Is g Jan '43_A&0 78 803 Cent ATIA tic nail—See St 1, S 86 82 Adjustment 4e July 1 '95_ Nov 80%1 Washburn Ext let 53'39 _ FAA 78 Cent Branch Ry —S-se Mo Pac 75 65 Stamped ' MAN 77 Aroostook Nor 5s g 1917 A&O 87 ! Central of Georgia84 JAD Cony g 4s 1935 opt 763 102 98 Nor Maine Seaport Is'35A&O n 65 95 1st M q Is Nov 1 1945._ FAA 100 75 JAD Cony g 4s 1900 94 91% MAN 803 Battle Cr'k A Stur—See Mich C Cons gold Is 1945 783 Trans 8 L 1st g 4s 1958 __JA.1 85 Equip 434s Jan '19--J-an'26.1,10 b 6% 5.50% Beech Creek—See N YC A H Cal-Ariz lstecrf4 As'02opMAS 7334 Bellingham Bay A British Col— Chatt Div gold 4s 1951 JAL) If Series B 93 let g Se Dec 1 1932_ 92% 863-' Macon A Nor g Is 1946JAJ JAB 90 85 E Okla Div 1st g Is '28_M&S 8754 Bell & Caron—See Illinois Coat Mid Ga & All 1st 5e 1947_JAJ Hutch (fc So lot g Is 1928_JAJ _JA.1 0194 Mobile Div g Is 823 Belt RR & Stk Yds (Ind'pT8)— Rocky Mt Div Is 1905_JAJ 90 194JAB .5 lit ref g 4s 1939 Oconee Div 1st g 1946_85% MAN San Film & San Joaquin Vail86% Belt Ry of Chat—See Ala Or So Cent RR A Bkg Is 1937 MAN 1st g 58 Oct 1 1940_ __A&O 93 Chattahoochee&G Is '30_J&J Belvidere Del —See Pennsylvani Santa Fe Prescott & Phoenix 92 93 M&S Chat R & South g Is '47_JA.' Bennington A RutPd—See Rut land let g 5e 1942 92 Big Sandy R.y—See Chits A Ohio Eatonton Br Is g 1926__JAD Atlanta Birm de Atlantic— 05 82 77 Bina Belt—See 8t L A San Fr Ocean SS Co g gtd Is '20_JAJ All & Birm 1st g Ss 1934_J&J 40 53 Cent Indiana—See Cl Cin Ch & StLouis Birmingham & E 6s 1961 MAN Income 8s Nov 1 1930 Birm Term 1st g 4e '57 gu_MAS Cent New Eag—See NYNH A Hartf 70 Atlanta de Chart A L—See South ern Ity. 75 Booav St Louis & Sou—See Mo Pacific Central of New Jersey— All Knox & Cin—See Lou & Nee hville 100 Gen M (now 1st) g 53 187.JAJ 1013.4 195 Atlanta KnoxY & Nor—See Lou isy & N ashy 98 Boston A Albany Is Oct '63.J&J Ann DAimp Co gtii Is'21.1&J Is June 1942 993/s Atlantic A Dan—See South RR 98% 101% JAD Leh & W B Coal con g 4s Is July 11038 101% Atlantic City—See Reading C 99 J&J 99 1920, 1925, 1030, 1935.J&D .91 91 Atlantic Coast Line Co ofConn— 4%8 July 1937___ 91 93 N Y L Br gen 4s'41_,M&S Is May 1 1033 gu NYO_MAN 89% Carts Indebt Ss irredeem JAD 1 89% 86% 82%1 Is May 1 1934 gu NYC MAN General gold Is 1941 MAq Cells Indebt de 1925_ ___J&J 1 86% 89% 45 May I'35 guN Y C __MAN Atlantic Coast Line RR— 895 Central Ohio—See Ball A Ohio 81334 %1 3%s Jan 1 1951 863 83% 73% let cons 4s July 1 1952 MAS 763.' Central Pacific—See So Pacific. 79%! Ref 34s 1952 git NYC__AA0 75 70 783/i 72% Col tr g 40 Oct 1'52opM&N 7534 Cent Venn 1st 4s May '20__Q-F 81 82 Charleston A Nor —See Caro All West 87 Beet A Lowell 4 As Feb '33...I&J Cony deb 48'39 op'16 MAN 84 94 89 Charl A W Car 1st Is'4)LA&O Is Aprtl 1932___ _ A&O Gen unit Ser A 4 As'64.J&D 823 Aug Term 1st gu g 69'47.AA0 100 Eq 4 tisJune10-Dec'21 JdeD b 6% 5.50% 3%s July 1 1919_ J&J 07% 96 AlaMiti—lst gug58128MAN Chateaugay Ry—See Del A II 34e Jan 1921 J&J 94% Atlantic Coast Line of SC— Chattahoochee A Gulf—See Cent of Ga. Boston A Maine-4%8 g '44JAJJ 80 85 75 65 Gen 1st g 48 July '48_J&J 92 Chattanooga Sta 4s '57 gii_J&J Adt0 4 WI April 110-20 _ 87 AS Sept 1 1926 N E of 8 C fle 1933__J&J 104 Chesapeake A Ohiof 87 92 80% 89 45 Feb 1 1037 Brun & West 1st 4s'38_J&J 9834 1st cons g Is 1939-----MAN 9934 FAA! 75 83 82% 45 Aug 1 1042 Cent of So Car tis '21__JAJ • 100 General 41s gold 1992__MAS FAA! 70 79% 3%s Nov 1 1921 Char & Sal goo 781030 ideJ 111 Cony g 4 9 1930 op '15.13&A 8134 MAN! 87 0134 86 83 '45__J&J 4s gu J&J 1929_ 3%8 Jan 1923 Fla So let g Gen fund impt Is JAJ 81 A&O 83 8831 3s July 1950_ Nor & Car 55 1939_ _ A&O 100 Cony g Is 1940 ._ ____J&J 52 80 1 PorteGtFACou 434s '37.J&D Pet'b'g—ClassA5s g'26 J&J 100 Craig Valley 1st Is g '40_ J&J 73 60 Has A NYAL—See NYNTI&H Class B Os g 1926__AA • 105 Potts Creek Is 1946_J&J 90 87% RIch&Peters4301940_A&O 723-4 Boston Rev B A L 4%s '27_J&J R A A Div lit con g413'89.J&J 92% 75 J&J 21 cons g 4s 1989_ eavFla&W 1st g (te '34 A&O 108 6834 BruneA W—Sae At Coast Line Ada) . 1MAS g'4 933 Warm Sp Val 1st let M g 5s 1934___ 923( Buffalo Creek 1st Is 1941 __J&J 68 WU& Wel gen g Is '35_,LieJ 100% 101%1 Buffalo Rochester A Pittsburgh Coal Riy lip let 4s gu'45.J&D 65 85 Elevator Cog 18 gu '38_ AA0 Gen mort g de 1935 _J&J General Sag 1937. M&S 99% 107 Big Sandy Ry 1st g 4s'44.JAD Atlantic A Yadkin—Bee Southern 7634 _ MAN Con g 43s 1957. 875 Augusta South---See South Ry_ 5:567; GreenbRy lst_g gd 4o'40MAN 7334 Equip 6s Set K 1919-'33_ F&A b 6 Aug Term—Hoe Charl de W Car Equip 4As Set II 1022._MAN b 8.60% Raleigh A S W 1st 45 '36_J&J 70 West PocCorplst43.s'45 FAA Austin A Northw'n—See So Pat Equip g 4345 Set- F 1927_ A&O b 6 5.60V Halt Ches & Allan—See Pa RR Equip Is Ser G 1929_ _ AAO b 6 5.004. Chesapeake A Ohio Northern81 89 A&O 1st M 5s 1945 guar Halt & Cumb Val RR 68129J&J 100 Al A West 48 g guar 1998A&O 76 55 75 Chesterf'd A Lane 1st Is '15FAA Clear A M lit leg gu '43_JacJ Ex 1st M Os July1931___J&J 100 86 40 39 Chic &Altonlst3%s 1950 —.Ltd loch A P let g Os 1921_ PAA 100 62 55 RR refund g 3s 1949__ -AA0 Corm' lit g Os 1922__JAD 101 72 Buffalo & Southwest—See Erie. Deb Is 1922 subj to cal-I_JAD --JAJ60.15 I Basis f This price includes accrued interest. In Lest sale. I In Lond4o. n Nominal. sSale price. 34 [vol.. wt. GENERAL QUOTATIONS NOTICE.-All bond prices are "and interest" except where marked "f" and Income and defaulted bonds. Bonds Bid. Ask. I Bonds Bid. I Ask. I Bonds Bid. Ask. Chicago Burlington & QuincyChic St Paul Minn & OmahaDelaware& Hudson (Coned)M&S 80% 81 Con Co June 1 1930 Gen M 4s 1988 JAD 107% 112 Bluff Point Land Impt Con flared to 3%s 1930_ JAD Deny Bit coil tr 48 1922_ FAA 83% 60 M g guar 48 1940.. J&J 9934 Illinois Div3Ms'49op'29 J&J 75 77 Deb gold 58 Mar 1 1930 MAS 88% 100 I Chateaugay Ore A IronJ&J 84% 45 Jnly 1 1949 61) Stamped 8634 1 Guar gold Is 1942_ J&J 99 Iowa Div f 58 1919____A&O North Wisconsin-68'30_J&J 101 Hens & Bar reg lot Ts '2134,AN 103 Sinking fund 4s 1919__A&O 98, 4 99% Utica Olin dr Bing 133 '39-JAJ 90 9934 StPASC 1st g 68 1919 _AA0 Nebraska Ext 48 1927_ _ MAN 94 Super Sh L 8s June 1930 MAS 90 923/i Delaware Lack & WesternMAS Chicago Terminal Transfer8 W Div et 4s1921 7134 Morrie & Essex 33492000 JAD Repnb Vail 1st Os 1919___J&J Chic & Gt W 58 g 1936JAD N Y Lack & WesternChic Terre Haute dr SoutheastC B & Q joint 48-See Gt Nor lot (is g'd Jan 1 1921__JAI 101% lot & ref g 58 Dec 1'60opJ&D. Chicago & Eastern Illinois-2d 58 g'd cons 1923 ..FAA 63 05Yt 21 23 Ref & Imp M 48 g '55 op_J&J Sou Indiana lot g 48 '51_ F&A 58 Term A Imp 49 gd '23 MAN 91% 62 96 ctls dep f 21 28 Chicago Union StationS Mtg & 03W & Syrac gu 5s'23._MAN 91 103 lutconsolUsgoldl934.._A&Of 99% 1st g 434s 1963 90 Warren lot refg3 As 2000FA A J&J 70 Gen carnal lot Sr 1937.._MAN 753 783-4 Chicago dr Western IndianaDenver A Rio GrandeU S Mtge & Trust ctfs dap f 75% Gen gold (38 Dec 1 1932_Q-M 102% 10134 71 1st con g 49 1936 73% JAJ stamped M Sr N 1915 Consol g guar 4a 1952 . __JAJ 76, % lot con g 434s 1936 80% 65 62 JAJ M & N 1916 and 6% notes '18 ext to '19_M&S Irnprov't gold 5s 1928_ JAD 80 M & N 1917 int lot & ref g Se 1953 op__ _FAA 1 55 7434 Chic & West Mich-See Pere M 53% 75 Guaranty Tr Co ctf dep___ 90 Choc Ok A Gulf-See CRT& P 52 Bnkrs Tr Co stpd ctf dap _ 56 PurM lot lien coal5s•42opF&A 56 Cin Day & Iron gu 58 '41_MAN AdjInc 78 cum 1932 op __AA° I 52 60 Eq Si Mar '19-'22 op-MAS b 7.25 6.25% Cin Find & Ft W-See Chi HAD Rio Gr June lot gu 3s'39 JA() 80 85 JA.If 15 Cincin Hamilton A Dayton14 Ch & IC Ry-lot 55 Rio Or So lot g Is '40___JAJ I 35 80 Dany&G Cr 1st M Co'20MAN 100 General 5s gold 1942____IAD lot g Is guar 1940____JAJ .40 80 85 By TH&G'hic Inc Os '20_ MAN 80 2d mtge gold 434s 1937_ J&J Rio Gr West lot 45 139...J&J 72% 7334 75 GI Chic Gt West-1st 4s 1959MAS 62 I Gen M 43.4s July 1 1939 let cone g Is 1949 op_AA0 55 567 Chic Ham & West 1st 66'27 J&J Fixed 4% int J&J & Nov 99 Utah Fuel lot 59 1931_MA3 86% Chic & I C Ry-See Chic & E Ill lot A ref gold Is 1959____J&J Des Moines & Ft Dodge-See M inn A S t Louie 50 Chicago Indiana dr Southern Ry Guaranteed Des Plaines Val Ry-See Chic A NW 80 Con mtge a 45 1986 guar_ J&J Bankers Trust Co ctfs dep_ Detroit Grand Haven A 813 35 98 Ind III & Ia 1st g 40 1950.J&J 81% Cin Find&FtW 48 1923.M&N 96 20 lstEq'18ext toNov14'20 A&O Chicago Indianap & LouisvilleDayton dr Mich lot Ifs 1911 96 Congu'l8ext toNov15'20A&O Ref M a Os 1947 Bar A___J&J 100 Ext at 434% to'31op'17J&J Dot Or RapA Weal-See Pare NI 84 82 C I St L C-See CCC & StRef M g tis 1947 Bar 13___J&J Detroit A Mackinac-Cin Indianapolis A WesternRef M g 4e 1947 Ser C _J&J 65 Prior lien gold 48 1995_JAD 67% 71 82 1st dc gen 58 1966.____MAN 1st m g 58 Noy 1 1963 -MAN n76 85 Mortgage gold 48 1995__JA D 89 80 Eq 4%s Mar 15'19-'21__MAS b 6.50 Detroit RI,Tun-See Mich Can 67 Chi Leb & Nor-See Pennsylvan 1a RR Eq 438Apr.15'19 -'21 A&015 b 6.50 69' Clue A Musk Val Is 1948.F&A Detroit A Toledo Shore Line82 6%1 Cincin N 0 A Texas PacificEq 4349 Feb'19-Aug'23F&A b 6.50 lot gold guar Is 1953.... _JAJ 85 Indlanap & Lou 1st 4s'56J&J 70 43.4s May 15'19-21 M&INI15 b6.50 75 100 6% Dub A Ir Range-lot 5s'37 AA() 94 66 Cincln North lot g is 1951_J&J Monon Coal gu 58'36 op JAD 1 62 Dub MW A Nor lot Co '22 _Jda 99 60 Ch I & StL 8hL-See CCCAStL Cin Rich A F W-75 g '21..JAD 100 99 lot cons g Os Jan 1 1923 _JAJ Cin San & Clev-See CCC& StL Chicago Lake Shore dr EasternGen g of 58 Jan 1 1911_ __J&J 97 lit M 434s 1969 op 1919.J&D n 85 Duluth Rainy Lake dr Winnipag 873,4 Clearfield Jr Jeff-See Pa A N W Chic MIlw A Puget SoundCleart A Mahon-See BRAP lot 5s 1918 ext 1921-...LAI 93 95 77 let M g Is 1949 guar J&J-Q-J Duluth South Shore dc Atlantic 7834 Cleveland Akron A ColumbusChicago Milwaukee A St PauljAs y General gold So 1927._ __ WAS 80 lot gold 5s 1937 95 7 Gen g 48 A May 1 1989...J&J lot cons guar g Is 1940_ FAA 75% Dutchees Co-See CentNewEU 82 Gen dr ref 44s Jan 2014 A&O 70% East Tenn Va & Ga-See So Ry 71 Unguaranteed 80 Cony 59 Jan 2014 Set B FAA 80 8134'Cleve Cincln Chic & St LouisElastern Minn-See St PMAM Gang 34s B May 1 1989 J&J 66 69 I General 4s gold 1993___JAD 71% 71% Easton & Amboy-See Lois Val 83 Gen 4%s May '89Ser C J&J Gen M 58 Set B 1993___JAJ 99 87% 78 102 8734 Elgin Job dr Bast 58 1941__MAN Deb gold 49 July I 1934__J&J 72 Deb gold 4348 1931 79 74% 8034 Elkin & AUeg-6e 1941.. _J&J J&J 76 Cony deb 43s'32 op '22 JAD 78% Eq tr 5s 1919-1929 b0.30 5.90% Elmira & WilliamsportJ&J Gold bonds 4s 1925 op'22JAD [80 Cairo Div lot g 4s 1939 J&J i 1st 6s'10 ext at 4% 1950_J&J 85 84 90 7534 Chic & L Sup Div g 5s'21 J&J C W & M Div 1st 4s g'91_J&J 9734 95 Income 5s 2802 9834 100 A&O Ch & Mo Riv lot 58 1926_J&J 95% 100 StLDiv 1st col it g4s'90_MAN 7631, 80% El Paso & Rock IsId-See El Pas o & Sou thwest Ch & Pac WestDiv58'21..J&J El Paso & Southwestern Co9834 Spr&ColDiv 4s'Ist g'40_MAS 74% 98HI Dubuque Div lot Co 1020 J&J 100 White WV Div lot 48'40_J&J New Mexico Ry A Coal Co68% Fargo & So g Co ass'd '24_J&J 80 Cent Ind Ry gu Is 1953 MAN 1st col it g 58 Oct 1 '47 A&O 104 66 60 La C & D DIY lot 88 1919 J&J Chic Ind & St L Sh Line Ry103% let&condreoll tr g 55'51AA0 90 Mil& Nor 6sext at 04'34 JAD 94 1st gold Dawson guar 48 R A 1953_ A&O Coal So '31.7,10 8834 70 Con68'13extat4%to'34J&D C I S LAClat49g Aug'36.Q-F 90 ElPasARI lot g gu58'51JAJ 99 82 763/ 92 Wiz dr Minn Div g 88'21..J&J Cons f 68'20 dr0105.MAN 98% 9834 99% 10134 Erie-NYJrialst4sextg'47 MAN -8134 99 Wise Vail Div 1st 6s'20.._J&J 50 2d ext gold 1919_ 97Y CinSan&Cley con g 58'28_JAJ 92% MAS Ch & No M-See Pere Marq 434s 3d ext gold 1923......MAS Clay Colum Cin A Indianan 98 Chicago & North WesternSs 4th ext gold 1920_ ..A.A0 Gen con gold Co 1034.._JA 107 MAN Gen M 3%8 g 1987 45 72 Id Blm A W ext Is 1940_ A&O 5th ext gold 80 87W 1928_ _JAD 72 Gen M gold 48 1987____MAN 78 lot cons g 1920 813,4 MAS 100% 101% 99, 8234 Ind & St L 1st 7s 1919 A _MO Stpd non-pay Fed Inc Tax 70 1st cons g fund 1920_,MAS 100 I 101 lot 7s July 1919 Set B_MAS 99,4 8234 Gen LI 581987stp Inc tax MAN loom, Prior lien gold 40 1998.. __J&J 70 lot Ts July 1919 Sere_ MAN 71 99% Sink fund deb 55 1933__MAN Gen lien gold 45 1996____JAJ 100% 0 Ind & W g tis Apr 1938_Q-J 53% 54% Sinking fund 6s 1929___A&O 102% Cony gold 48 1933 Bar A_ AA° Pee & East cons Is'40__A&O 471 43A 59 56 A&O Si 1929 Series B 1933 46, 2d cons Inc Is 1990_ Apr 1 1 07% 43 A&O 16% 80-year deb tis 1921__A&O 15 Series D 1933 Empire Trust ctfs dep 52:is' 527 99% 98 A&O 18 Exten bonds 4s 1926_ _FAA 15 Eq g 4%9Feb '19-Aug'21F&A b6.25% 5.757 Cleveland Lorain A Wheeling92% 94 Equip it 43-4s 1919-1922..A&O b 5.75 5.25%1 Cons now lot g 58 1933_A&0 Eq g 50 Jan 1919-1923_J&J b6.25% 5.75% 95% '23_Jdr D Boyer Val lot g jr 3 Eq 434sSerBB Feb '19-24F& A b6.25'. 5.75°0 Stamped subject to call_ 91 93 Des Plaines Val 4 s'47_ WAS 95 Ss notes Apr 1919 Con refg g 1349 1930 red_ J&J 77% 96 A&O 80 Frem Elk & Mo Os'33 Adc0 110% Cley A Mahon Val-See ErieRR 77% Penn coil g Is Feb 1'SL_ FAA 85% Is MIMI tIC NW lat3pa'38J&J Clay A Marietta-See Penn RR Buffalo & Southwestern76 ManitowOBAN W3 s'41J&J lot g 6,1'03 ext to 1924 J&J 101 Cleveland & Pitts-See Penn Co 60 101% Masht ext lot M 58 22_ _A&O Cleve Short Line-See L S A MS 2d g 59 '08 ext to 1928_J&J Mil Lak Sh &W Os 1921MAN 101% Jeff RR58 Arti'09 ext to'19A&O Cleveland Terminal & Valley100 99 Mich Div lot g Os 1924 J&J 105 Chic & Atl Term 53 1918 106% 1st 4s gold guar 1995 ___MAN 68 Ashland Divlot ge2'25MAS 10534 Coal A Coke Ry 138 1919AA0 ext to July 1923 J&J 971.i 98% Ext & imp s g tis '29..FAA Ch A Erie So lot g 1982_ MAN Coal A Iron Ry-See WesteraM aryland 08% ea 0534 Mil8parta&NWlst4s '47MAS 8534 Cleve A Mats Val g 59'38 JAJ 87 Colo Midland-lot 40 g '47_JAJ 7 8034 MildcBtateLine lst33,s'41J&J Erie A Jersey s f 6s 1953_J&J 100 Cent Tr Co ctts of dep 102 74% 6 Minn dr Ia lst g 3%s 24 J&D Colo & Sou 1st g 4s 1929 _FAA 87 90 102 §§--1 Genesee River 6e 1957_JAJ 87 Peoria & N W 334s 1926 MAS Ref Mg 434s May 1'3-57.MAN 83% _ 79 79% Long Dock 6.s con g 1933 A&O 103 Prin & Northw 33.4s 1926 J&J Ft Worth & D C 68 Newh & N Y 1st 58 1923_JAY 88% 99 100% St L Peo A N W 5s, 1948.J&J NJANYlotes 191094 99 Colo Sou N 0 dr Pac-See St LA SF StPaulEastGrTr4%8 '47 J&J Ext at 5% to 1930_ _ MA N Colo Spr & Cripple Crk D Ry72% Sioux City A Pac33.01313F&A lot gold a f 5s 1930 NYAGr Lake gu g 58'48 MAN 78% 8034 J&J 73 77 Chicago Peoria A. St. Louislot cons 55 Oct 1942... _A&O NYLEAWCARR29% Prior lien g 43.40 1930__MAS 1st as curr guar 1922_ MAN 90 48 55 Col Conuect&Ter-See N-orfdrW Chic Rock Isl & Pac RailwayCol Hock Val&T-See Hock Val NYLE&WD&Ilet 6s '1 General gold 49 1988__ __J&J Extended at 5% to '43 J&J 82 Concord A Mont COM 4s'20JA D 8034 95% 97% Ref g 48 1934 op to 1911_A&O N Y Pa & 0 p I 441 '35 M68 Deb Is June 1 1920 75% 7534 IAD 94 Eq Ss Sea H 1919-1923 __J&J Y Susq A Western-6.50 60 0 Deb 334s June 1 1920 11cD 92 Eq 43.4s Apr'19-Oct'19_A&O lot refuuding 3s 1937....J&J Conn A Paes-lst g 48 '43_ A&O 6.50 73 80 77 Eq 4s May'19-'25___MAN 2d mtge 434s 1937_ Newp&Richf lst5e41 gu_JAJ 6.50 FAA 92 Eq 4 sJan' 19-July '27_J&J 0t313 mtge So g 1940.. FAA ConuRirer-Gold 43 1943_141AS 55 6.50 77 Burl Cedar Rapids & North3%1 Jan 1921.J&J Term lot g 5i 1943 _MAN 97 91 Con lst&col it 58 g'34 A&O 33.4e Jan 1 1923 Midland of N J 1st fis..11111 93% 96 J&J 90 Cedar Rap Is Falls A NWext at 5% to 19 tO__AA0 Connecting Ry (Phila)9234 So guar 1921__A&0 1st NI gu Is Mar15•51.MAS 13 Wilkes A E lst g 113'42 JAD 97% 71 87 9834 89 MAStL lot gu g Ts'27 JAD Erie A Jersey-See Erie RR Councillor A Monongahela ay90 Choctaw Oklahoma A Gulflot 3 f g 40 1930 opt___MAS n 00 Erie A Plash-See Penn RRGen M g tls Oct 1 1919 J&J Cuba HR-lot g 58 1052___JAJ European N A-See Maine Central 95A 77 "i(1- Evans Consol gold 8s l982 MAN fiend dr Nash-See Louts A Nash Imp & equip 58 1960..-M&N 92 75 Choc & Memph tis 1949....J&J Evansville A Indianapolis85 92 Cum dr Penn-1st g 5s '21_ MA N Peoria RyTer 48'37 gu op J&J Consul g guar Ca 19213 _Ha I 17 Current Rh -See K C Ft S A. M 20 48 R I Ar A La 4348 1934__M&S By A In lot g go 61 1924.J&J f 16 Dallas A Waco-See Mo K & T 20 70 7134 Rock Isl A Peoria Co'25.._J&J Dews Ry dr C'I-See El Paso A Southw estern Evansville & Terre HauteSt PAKC Sh L 43.48'41FAA Dayton A Mich See Cm u& D 100 lot cons gold (la 1921__ JAJ 1 07 70 71 Keo dr Des M-lot138'23A&0 lot gen ad gold 1942- Air0 I 6534 70 Del. A Bound Br. 3349 '55..F4A n 75 65% 71 Chic St LAN 0-See Ill Cent 20 Refund M 58 Jaly 1941__JAJ Delaware & Hudson_Chic St L dr Pitts-See Penn Co 10234&O Mt Cog Vernon Cony 55 1935.......A&O lot 85 97% 95 lot lien equip g 4%8'22_ _JAJ Sal Co Br lot g So 1930._ AAQ 75 0534 1st A ref gold 45 1943..... MAN 8534 8334 ETHA Chic-See Chic & El 5% notes 1920. Fargo A So- See (itile M A St • FAA 93 983-4 Fitchburg-5a Jan 1 1934 _Mc! AdIrond lot 43.4s 42 gu_MAS 8134 85 441 ret 1928.... ......51,101 Albany A Susq 3.,io gold 1946 (conv before 1916) gu_AA0 4%1 Jan 1933 -8134 75% 80 86 _MA l925......_ NI Is refunding 86 Ii refunding Mar 1927...MA3 - '25Y 64 bass I 1 nut price tutuudell • 3 Liti011 moat, tAU A•ULioltal• a Bale igiCe • 35 GENERAL QUOTATIONS JAN., 1919.] except where marked "f" and income and defaulted bonds. NOTICE.-All bond prices are "and interest" Bonds. Bid. I Ask. Bid. Bonds. Ask. Bonds. Bid. Ask. 90 Louisville & Nashville85 Indianapolis Un 4%s'26 MAN 1125.4 Gen mort gold Os 1930__J&D 108 Fitchburg-(Concluded) 90 85 Gen & ref g 53 1966 Ser A_J&J 83 50-year gold 5s 1937___M&N 10034 105 41 refunding 1927______A&O El & Street 1See et (nterboro-M 82% 89 _J&J 1940__J&J 845.4 48 gold Unified Is Jan 1928 Inter Rap Trent Ry Securities 93% A&O 1015.4 Coll tr gold 5s 1931____MhN 100 334s Oct 1 1920 International & Gt Northern91 b 5.75 5.25% A&O _J&D '19-1923__ 5s Dec Equip 95% 53 Oct 1 1921 965.4 MAN 1st g 68 1919 88 784 At K & Cin di, Is 1955_M&N Troy & Boston-7a 1924_J&J 104 50 40 5% notes Aug. 1 1914_ _F&A 9451 Atl Knox de Nor lot 53'46J&D Flint & PereMarq-SeePereMar 7s '20 Pil&N Bridge Riv Col L Air Saab Coneol gold 4s 2002__M&S Fla Cen & Pen-See 92 Internet Rye (Central America) 83% 953-4 913.4 Lou C & Lex 430 g '31_1.11&N Florida East Coast 4349'39 J&D 75 1st M eis 1972 opt___M&N If 70 N 0 & Mob 1st g 6s 1930_ J&J 10134 10734 Florida South-See Atl Coast L L & St Minn Central-See Iowa 100 75 9334 J&J Os 2d 1930 gold Florida West Shore 15s 1934_J&J La I.Vlinn & N W-See C & N W 89 78 Pad&Memdivlst Is '46_F&A Fonda Johnstown & Glorersv85 Jackeonv Ter let 5s gu '39_J&J 70 Pensacola Div 1st Os'20_M&8 lit cons ref'g g 4s 1947_J&J & Clearfield Frank Jamestown 61 57 J&J St Louis Div 1st g 83'21_M&S 10031 90 Gen ref'g gold 4s 1950.... 80% J&D 1st g Is 1959 guar 59 51 5551 M&S 24 38 1980 let con ref 434S '52 opt_m&N Jefferson-See Erie E & St L dir Os 1921_M&S --Fort Dodge Des Moines & SouStation Union Joplin 86 82 J&D 1st 6a & 1919 E N _J&D 10031 H 1st Ss 1938 77 1st g 4%s 1940 guar op MAN 15 Hendersoe Br Cie g 1931_M&S 101% 113 Ftiemith&West let g 4s'54_A&O Kal Al & G R-See LS&MS 75 83 80 Kent.Central-4.3 g 1987_J&J Fort St UnDepDet 430'41 J&J Tol & 0 C & Mich-See Kanaw & Col 923.4 101 Lex & East lot 5a 1985__A&O Ft Worth & Den C-See Kankakee & S W-See Ill Cent 56% 9631 88 lis'45M46S L&N Mob&Mont4 Ft Worth & Rio Or 4s 1928 J&J Kansas City Clinton & SpLoulsv & Nashv South'n joint ire Elk & Mo Riv-See C &NW 80 83 1st 53 gold 1925 guar___A&O 35 J&J gold Is 1952 Galv liar & San An-See So Pac Kan City Ft Scott A Memphis57 HendersouL&N Term 1st g 49'52 gu J&D 76% Gal, Houston & 74% A&O guar_ 1938 4s g Refdg 81 75 A&O 9351 '37_F&A g 1st 5s gu F AS Nas lst M 55, 1933 102% MAN Cons Sc 1928 Genesee River-See Erie RR Newport & Cinch]. Bridge80 90 Current Riv 1st 59 1927_A&O 80 75 843.4 1st M g 4As 1945 guar_J&J Gen & Wyo 1st g 55 1929._ A&O 7034 K C Mom & Bin 4s 1934..M&S L A Seab -See Alabama Pensa & Atl 1st de gu '21 FAA 10131 104 Geor & 70 65 Income Ss Mar 1934 Sept 1 9431 100 F&A g M 53'30 N Ala Con & Georgia Car & N-See Seab A L 13 70% M&S Assented 91 96 Gen con gu g 55 1903 A&O Georgia Coast & PiedmontKan City & Mom Ry & BA&O 83 81 J&J 53 Say 1947 & Dub 1st gold 5s 1962 Macon 87% A&O let 5s gold 1929 20 13 &N 1950____M Sc g 1st ]Fla 59 1985.__J&J Terminal & Macon Ga Kans & Mo-1st Se '22 F&A M LS& Coal-See Geor Midland-See South'n RyMahoning 55 A Mem 1.961_M&N Kan City 98 Maine Central-Coll tr 3a'23J&D Georgia Pacific-See SoutlenIty Kansas City Mexico & Orient93 92 9251 J&D lot & ref 434s 1935 Geo RR & Bank'ges 1922__J&J let gold 48 1951(undep.)P&A f 10 95 80 85 J&J 1933 gold 43 N A & Ear 511Jan 1 1922 25 6% notes Apr 30 1916__A&O f 15 80 J&J 80 85 '30_M&N Is Ry-G Hereford 41 Jan 1 1947 Sc g 1st '33 JAJ W N & City Ken 95 98 J&J 1945 5s g 93 A 1st F& L Fla 43'20_ & LIncPenS Sou Knox& Us Kan City & Pac-See M K & T 93 96 85 75 M&N '30 4s gu lst Coos Gettysburg & Har 58 gu'26A&0 Upper & Bi Joe Council Kan City St 83 78 MAN '30 g x4343 Gila Val Globe & Nor-See Sou Pacific UpperCoosE Nodaway Val 1st 78 1920 J&D g gu 1st Ry Co Or Rap Bel & Sag-SeePereMar Washington let 75 1920__J&1) Val Tarkio 80 1924_J&J op 1954 Jan 334s Grand Rap & Ind-See PennRit Kan City Southern73 Manila RR-See Foreign Gov't p. 49 Grand Trunk West 4s.£ 65 63% A&O let gold 33 1950 60 let g gu 411 $ July 1 1050_J&J Manitoba & S E-See Canadian Northo nu. 85 86 Ref & Imp't 5e Apr 1 '50_J&J 92 97 Houghtoe& Oat63'25 A&G Marq Great NorthernRyTerminal City 05% Kangas 35 FAA O B & Q coil tr g 4s 1921_J&J ,95% 805-4 Md Del & Va 5s 1955 gu 78% let g 4s 1960 op 1930___J&I 89 85 61 55 fel&S 1951_ g Is let Pa & lit & ref g 4 qs 1961 op'41J&J Maryl 99 97% JA.1 1921 notes 43.4s 99 98% M&S 20 A.40 I 12 6% notes 1920 Income Is 1951 10051 5% notes Nov 15'23_M&N 15 100 Great Northern Ry of Canada- If 72 Mason City & Ft Dodge77 K C Viaduct & Term Ry let s f 52 49 .I&D 1955 M 4.1 Con 44 1931 opt to 1914_A&O gold let 24 434s Sept '34 op '30 rcts_J&J 1 15 793i Green Bay & West deb ctfs A_ Memphis Union Station Co8% Kentucky Central-See L & N 8% 99 94 1 '59__M&N Ss g Nov gu 1st Deb ctfs B Keokuk & Des M -See C R I & Greenbrier Ry-See Chesapeake & Ohio Merchants' Br-See Term RR Kaoxv & Ohio-See South'n Ry 70 Greenwich & JohnsonvilleMeridian Term Is'55 guar MAN Erie & WesternLake 90 J&J let old 45 1924 Mexican International90 8951 _J&J 11937... 5s Jan 1st gold 20 M&S Gulf & Ship Island liltg 1947_ 434s lien Prior 85 J&J 2d g fie July 1 1941 53 82% -io 23 lit ref & term g 5eFeb'52.J.A.1 let con gold 4s 1977___ _M&S 85 No Ohio 1st gu fis g '46_A&O Mar Galt Terminal of Mobile'07 op to guar Stamped &H R C Y N So-See & Mich Sh Lake 70 65 J&) gu 1957 let mtge g 49 Mexican North 1st es 1930-TAD Leavenceth Term Ry & Bridge Hartford & Cows WesternMich Cent-See NYC& HR 65 J&J 1st M gold 5e 1923 92 1st ext g 43411 July 1 1923.J&J Middlesex Valley-See Leh Val River RR Hudson & Lehigh Henderson Br-See Lou & Nash Midland of N J-See Erie 93 Gen g ele July 1 1920 guar .1,ted 80 Hocking Valley RyMidland Term 5s 1928........J&D 98 Unguaranteed $5 83% 85 1st cons goid 4%e 1999 J&J 78 Valley-5s 1943.._A&O Midland Valley & Lake Erie-See Lehigh Lehigh Feb to ext 1918 28 notes I 8% Adj M Apr 1 '53 Ser A_Sept Lehigh & New EnglandSil&N f 13 1919 B Series 99% J&J 1st M g be 1945 0.25 5.50% 65 Eq de 1910 1923-------FAA Millen A Southw-5s 1955_ A&O Lehigh Valley76% Col & H V Ext 4s 1948__AatO MilSh&West-See Chic & N W 88 92 _ .J&D 1st Os ext g 4s 1948 76% Col & Tel 1st g 4s 1955_F&A &StP Chic Mil Milw & No-See Con M Os ann reg irred_J&D 115% 118 Holidaysb Bed & Cumb-See P a RR Mllw & Sparta AN W-See Chic & N W 103 Con M Os Rgold 1923__J&D 102 Hoosac Tunnel & Wilmington98 Min&Pac-See NI St P ASSM 95 C D __ 4%s 1923. __J& M Con 80 lit M g Ss Sept 1922.._ .1,s1AS Minn & St L--1st 7s 1927 J&D 10151 97 94 Con M 434,1 ann irred ..10.71) 93 Housatonio-See NYNII&H Pacific Ext 1st Os 1921_ A&O 81 80% Gen cons gold 4s 2001...MAN 83 83 80 78 lit consol gold 5s 1934__M&N Houston Belt A Term Sc '37 J&J 894 9334 Gen con g 4%s 2003__ _MAN acIfic P 46 Sou Tex-See W & E Is 1919___M&S 455-4 Houston lot ref'g gold Col tr g 4s Feb '19-Feb"26P&A /034% 5A% 50 A_Q-F Ser 445.4 Houston & Tex Cen -See Sou P acUlc 5sFeb'62 Ref&ext 102% 102 Coll tr g 6s 1928 tern rcts M&S 50 Mauhattan & Is, '35-1,1a Hudson Des Moi&FtD 1st 9834 100 Easton & Amb 5e 1020__M&N 57 55 FAA 81 79 1st g Si 1957 opt__ __ Iowa Cent 1st g 5s 1938..J&D 17%! Lehigh A Lake Erie46 let & ref g Is 1951_ _ M&S 4434 Adj in cup toil% Feb 57 A&O f 173 85 _M&S au_ 1957 let 4%s 70 60 & Ste lit M 4 e 1957 COLIT.-.FdrA Sault P St Marie nn 79 let Is "-45_M&S Lehigh & N 100 90 90 87 1st cone gold is 1938__ ..J&J N Y &er lot g Se '32optP&A Lehigh Valley Coal98 Henthsgdon & Broad Top1st cons gold Sc 1938._ _J&J 99% 1003.4 let Ss gold guar 1933_ ..J&J 65 1st g 49 Sept 30 1920____AA0 n 75 _J&J 1049.. 241 M gold 4s guar let 40-year gu lot red to 66% 5.50% 2d mtge 4s gold 1925___FA A n 70 Eqg notes 43451)ec'19 '22J&D 82 _J&J 1% 1933 96 Cons Ss g Mar 31 1925__A&O n 60 9151 M S Ste M & All let 4e'26 J&J Y-of N Lehigh Valley Ry Ohio & Bait 90 Huntington & 131g Sandy-See 4s & 1st Pac 1936__J&J 95 Mien 90 let 434s gold 1910___J&J Hutchinson & S-See AT&SF mRyMStP&SSM&CentTer 1073-4 93 Leh Val Term Se 1941__A&() 103 90 Illinois Central-let g 4s'51.J&J 88 lstChiTer ef43'4 lop'18M&N 02 80 Middlesex Val 1st 5s'12 MAN 73 J&J lit gold 34s 1051 Minneapolis Term-See Wis Ce nt 100 97 A&O Os 39 con l Pa&NYCana 73 O Main Lext let g 334s'al_A& M & M P St Union-See Minneepolls 00 Con M 434s 1939.___AA0 1V1.1.:3 If 90 let in E 39 1951 91 Mississippi Cent g 5s 1049_J&J 83 Cons M 4s 1939_ A&O A&O If 1st m e 4,6 1951 & Bonne River Miss Terre J ehigh & Wilkes-See Cent N J&J if Tr bits 334i 1950 96 94 5s Ada) g f op 8 1931 let 84 hex eic East-See Loulsv A Nat, 79 Coll trust gold 44 1952.._ A&O Missouri Kansas & Texas70 77% Litchfield & Mad 1st 5e '31 MAN 75 65 Col Tr L NO & T 40'53M&N let 45 J&D 1990 gold 67 75 Little Miami69% Put lines lot g 3s 1952_J&J 57 24 gold 4s June 1 1090 F&A f 30 7551 Gen g guar is 1962_ _ _MAN 81 82% 32 Ref g 4s 1065 opt 1918.M&N 2731 Union Tr Co cats dip Little Ilk & Hot Sp West Ityitletref MU C&CSLANO 35 5s 1944__M&N f 30 let Extension 63 70 __M.! guar__ 1933 1st g 4o 01 JA: 58 1983 Ser A 41 4334 f 2004._ M&S gold Is & ref 1st 89 71 5.90 5.50% Long lalaud-Uulfled g Is'49tVI&S Equip tr 4%s Feb '19-'23 FAA 473-4 Guaranty Trust ctfs dep.. 71 WAS 7951 _ 1919_ Is gu g 5.50 5.90 Refund Eq trust 434e Jan '19-'26.J&J 37 263.4 Gen Msfg 4348 1938_ __J&J Tax-exempt N Y 5.90 5.50 F&A Equip fle Feb '19-'23 36 26 ._ N Y Tr Co Ws of dep_ _ FAA 1918 24 Ts mort 79 Cairo Bridge 413 g 1950._J&D Consol M g Ss 1940_ __A&O ii5(534 98 1st cons g 53 July 1 1931 _Q-J 60% Litch Div 1st g 3s 1951....lia 37% 6% notes '16 Cent Tr ctfM.A 86% 1st cons g Is July 1 1931_Q-J 76% 71 6% Loulev Div 3%s g 1953__J&J Eq g 5s June 1919-23_ _ _J&D b 7% 31 _J&D Gen inert g Is 1938_ 97 30 Middle Div reg be 1921 ._17& 4 St Louis div g 48 2001.-Adt0 98 88M, Ferry lit 434s con g 1922M&8 59 Omaha Div let 38g 1951 FAA Bridge RR Boonville J&D 83% 43 gold 19:32 7031 tit Louis Div 334s g 1951_I&J let g gu et 4s 1951___M&N 80% 88 69% Debenture gold 50 1034.Jat D 66 At Louts Div 38 g 1951__J&J Dal&Waco let gu 50'40_M&N f 60 76 MAN 7734 81% Deb gold 58 1037 65 iSp'gfleld Div Ext 33.0'51 J&J 60 Kan C & Pac 1st Is g1990F&A 80 1945___J&J Sc Ext Montauk 82 77% Weetern lines g 45 1951 F&A 58 Mo Kan & E 59 1912 gu_A&O 1 3831 Brook & Mon 24 tis 1938 J&D Chicago St Louis & N ()Kansas & OklaMissouri MAN 1937 50 con F & C'y I L 99Yi 99 Con g Os June 16'51.J&D15 1 May 7234 '42_M&N 5a gu g 7134 let N Y Bay Ex R. let 5s g'43J.30 654 Con g 334e.rne15'61.J&D16 72 63 U S Mtg&Tr Co cgs dep N Y Wklyn & Man Beach 1st 0 Eq Ulu 1920-Dec 1924 J&D 65.90% 5156% 5051 59 MK&TofT let 5s gil '42 3.15:3 94 A&O gold 58 19:35 _ 71% Mem Div let 46 g 1951 J&D Sherman Shreveport & 93 9D NY&RB 1st g 5s 1927 MAS 97 85 Kankakee & S W 88 '21.F&A 5s 1943..J&D M gu gold 1st North Shore Branch30 St Louis Alton & Ter HauteW Coal de Imp tot es'29 J&J 90 lot con Se g Oct 11032 Q-J 110 50 13allev&Car 1st Os '23_ J&D f 1943_M&S & Okla-Ss 3034 Team Louisiana & Arkaneas RySt L South let g Is '31M&S 87% 933.4 Ito Okla & Gulf RR Sc '81 MAN M&S lot of g 5s 1927 724 Carb&Shaw let g 48.32M&S company) (new Rlt Pacific Mo Pac Louisiana Western-See South ern lad RI& Wn-See C CC & St L 933-4 95 let & ref 5s Jan 1923._ _FAA Loulev Gin & Lax-See Loulev& Nashv Indiana Ill & la-Set Chic Ind & Sou 935-4 9131 let & ref 53July 1928__F&A Louisville Henderson & St LInd & Loulev-See Ch Ind & L 8834 885-4 lot & ref 5s Jan 1985--F&A 97 9734 let mort gold 58 1948_ _J&J 63 6234 lad St L-See C0 C & St LS 1975._M& Mar 40 M Gen Louisville & Jeffereonv Bridge9931 933-4 Mo Pac-Cons de 1920__M&N 68% Guaranteed gold 43 1946_M&S .1.11=111.••••r... B113111. 'Tale price included atlerised Intarsit. k Last dale. 1 In London. n Nominal. Sale price. 36 RAILROAD BONDS [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. Ask. Mimouri Pacific—(ConcMed) N Y Cent & Hud Riv—(Concll Ohio Connecrg 1st g 49'43 M&S 83% Eq 5s May'19-Nov '21.M&N b 7% 6% Moh & Mal 48 1091____M&S 78 Ohio I & W—See C C C & St L Gold 4s Mar 1 1945 opt._M&S Canso! g 330 2002_M&S Ohio River—See Ball & Ohio 3d 7s ext to July 1938 at N J Juno 1st 4s gu '86._.F&A 68% Old Colony-4s gold 1924_ F&A 9531 9334 4% M&N NY&Har 1st g 3302000M&N 75% 4s Dec 1925 91% J& D 9334 Boonv StL&Sou 5s'51 op F&A N Y it Nor let g 5s'27__A&0 97% 4s Jan 1938 84% J&J 8634 Cent Br UnPaclet g4s'48J&D 63 84m N Y & Put let 4s g 1993_A&O 77M, 334s July 1 1932 8234 J&J 8434 Pac of Mo 1st ex g 4s'38_F&A 82% 86 Pine Creek gu Os 1932__J&D 102% Oregon & California—See SoPac 2d ext Ss gold 1938____J&J 85 Pitts & L Erie Os 1928_ J&J 102 Oregon-Washington RR & Nay St L R E 1st 5s 1938__M&N 5s Jan 1 1928 92 A&O let & ref g gu 48 '61 opt. J&J 79 70% Car'deletBrIet430'38 A&O Pitts McK & Y 1st 8s '32 J&J 105% Ore RR & Nay cons 4e'46J&D 85 87% St Louts Iron Mtn & Son— (is guar 1934 J&J 102% Oregon Short Line—See Un Pac Unify & Ref'g g 4s '29_J&J 81 83 RW&O con 5s July '22....A&O 98% Oswego&Syracuse—SeoDL& W Gen con ry &I g 5s '31 A&O 96k, 98 RW&O cons g 330 '22_A&O Pacific Coast Co—See Misc Bds Gen Con stpd gu g/le'31A&O Utica & B Itiv 49 g 1922_J&J Paducah dr Illinois— Eq 5s May'19-Nov'21M&N b 7% 6% West Trans Co 335e '23_ pee A 81 let s f g 4%e 1955 gu Jar.] 95 Riv & Gulf Div 48'33 M&N 70% 79% West Shore let 48 2361_ _..J&J 80 Pan American 1st Ile '34 op J&J 25 50 Pine Bluff & W 5s'23_A&O 89 92 N Y C & StL let g 4s'37A&0 79% 84% Pennsylvania RR— Verd Val I&W lat53'26M&S 86 Deb ts May 1 1031_ 70 M&N 72 Con M 15s g 1919 98% 100 . M&S Mobile & Birm—See Southern R N Y Connecting 1-Mdo 4s gold 1(143...... M&N 89 Mobile & 0-1st g (is 1927_J&D 1053, 1st M 434s 1083. F&A 8634 87% do 45 gold 8634 1048____ M&N 87% 1st exten 6e July 1927___Q-J N Y & Gr'wood Lake—See Erie 953-i do 4s gold 1948 sterling Ger; g 4 1938 M&S 70 80 N Y dc Harlem—See N Y C & Hud R stamped dollar bonds 90 8534 Eq 5s 1919 Var b 6.40 6% N Y & Jersey—See Hud dr Man do 434e g 1960 94 96 F&A Eq 5s May'19-Nov'23_M&N b 6.40 6% N Y Lack & West—See Del Lac k & W est Gen g 434s 1965 8834 MD 89 Eq 434e Mar'19-Sep'22 M&S b 6.40 6% NYLE&WC RR—See Erie. Con M 334s 80 g £ 1045_J&J 84 Montgom Div g 5s 1947..F&A 85 N Y & L Br—See Cent of N J. Col In 4s Ph W & B 1921_J&J 96% 9734 St Louis Div 13e 1927 _---J&D 84 87 N Y New Haven & Hartford— RE pun mon 1st g 4s '23 M&N 9534 81 L & C 40 guar 1931___J&J 76% 85 Deb es Jan 15'48 cony J&J 15 86 89% Gen ft eq 4s Me.y 5.75 5.25 . 19to'20 Q-F Mobile Ter dc Ry 6s'35 op M&S Deb 4s July1'53 non-cony J&J 55 59% Gen ft eq 4s Jne'19-'22_Q-M S 5.75 5.25 0 Molfk&Malone—See N 'Y C&H Deb ts 1956 non-cony_M&N 5934 Gen ft eq 430 Apr '1.9-'23_Q-J 5.75 5.25% Monong River—See Bait & Ohio Deb 4s 1947 non-couv_M&S 55 61% Meg Val gen 4e 1942...M&S 86% 88 Monongahela Sou 58 1955 A&O 82 Deb 4s Apr 1 1922 84 Ade° 86 Balt Ches & 80 At lstg 56'34 M&S 60 Mont Cent—See St P M & M Deb 330 Mch 1047_ 51 M&S Belvidere Dyu 49 1927.P&A 89 Morgan'e La & Tex—See So Pac Deb 334s 1984 non-cony A&O 54 let g gu 3 a 1943____J&J 7034 Morris & Essex—See D L & W Deb 334e 1956 conY____J&J 50% 5434 Gin Leb &or 4s 1942.M&N 874, 8634 Mutual Term of Buf 481024J&J 13os&NYAL let 49 g'55_F&A 69 Cley&Marietta-434e'35 M& N 8734 Nashville Chattanooga & BL-Cent New Eng 4s 1961...J&J 55% 67 Cleveland & Pittsburgh— let consol gold 5e 1928_Adc0 100 Dutchess Co 434s '40_ J&D 75 SerA414sgengtd 1942_ J&J 05% Centreville Br g Os 1923._ J&J 100 104 Daub & Norwalk 4$ '55 _J&D 78 SerB434egengtd1942_A&O 90% Jasper Br 1st Os 1923.._ _.J&J 1003-i 104% Con 5s July 1 1920._....J&J 97 Jut red 86% to 334% Nash nor & Sherf—See L & N Gen 5s Apr 1 1928.....A&O 95 Ser C 334s gen gtd '48M&N 83 National Rye of Mexico— Hari Ely & Portch 45'54 M&N 74% Ser D 334s gen gtd '110F&A 83 Pr lien g 430 s f 1957____J&J 30% Housatonic con 58 1937_M&N 91 0 fly ItIl&B gu g 49 30 F&A 8234 Jan. 1914 coupon on 30 50 Naugatuck 1st 4s '54__M&N 75 Erie & Pittsburgh— Gen M 4s 1977 A&O 38 New Eng cons 45 '45 gu _J&J 71 Gen gu g 330 SerB '40_J&J 75% April 1914 coupon on Consol g 5g July 1 '45_ J&J 91 Series C 1940 75% LIEJ 0% g notes June 1915___J&D 33 38 NY&NEBosTer4s '39 A&O 69 Or R & Ind Ext 434s '41.J&J 84% Nat RR of Mox p 1 g 4340126J&J 30 N Hay & North 4s '56 guJ&D 65 75 Muskegon Div g 6s'26_J&J 85 January 1914 coupon on.. N Y Prey & Bos 4s '42_ A&O 80% Flolidaysb Bedford & Cumb lit cons g 4s 1951 A&O 21 N Y Westchester & Bog fly1st M g 4e 1951 84 guar_J&J 87 April 1914 coupon on____ . 21 1st M g 434s 1946 gu__J&J 52% 52% Pennsylvania Company— April 1914 coupon off 40 Prov Sec deb 4s 1957 gu M&N 43 let M g 43-fs 1921.......J&J 07% 9734 Nebrasea—See C B & Q Prov Ter let g 4s gu '56_M&S 69% Coltr434sr ne15'21J&D15 9634 973.4 New Eng RR—See NYNH&H N Y & Nor—See N Y Central & Hud River g On 4s 1031 83% op 1921_A&O 91 New Hay dr No—See NYNH&H Now York Ontario & Western— On tr ctfs g 40 10112__M&N 86% 86% N I Junction—Sec N Y Central Ref 1st g 4s June 1992__M&S tr ctfi; Gu 7134 g 334e 76% 1037_M&S New Jer & New York—See Erie Gen M g 4s 1955 red____J&D 5234 65 On tr cgs g 334e ,1941_F&A 76% 80 New Lon Nor 1st 4s '40___ _J&J 70 Eq 430 Mar '19-Mch'28 M&S b6.25 80 5.75% On tr etre g 334e '42__J&D 75 New Max Ry&C'I—See El Paso & Sout hwest NYPtilla&Nor—let g 48'39 J&J 86 90 Gu tr etre g 334e '44__JdcD 76% New On Gt Nor 1st 5s 1955 F&A 47 54 Income 4s Jan 1 1939___M&N 84 88 Pitts C C dc St — New Orleans & North E (3s 1915 N Y Prov & Bost—See N Y N H & Ha rt Con g gu 434eSerA '40A&O 93% 94% Extended at 5% 1940_ .M&N 97 N Y & Putnam—See N Y Cent & ilud River do Ser B 1942 _A&O 9234 95% NewOrleans Term 1st 48'53_J&J 67 N Yee Rockaway Beach-See Lo ng Isla nd 69 do Ser C 1942 _M&N 90% 09 New Orleans Texas & MexicoN Y Susq & W—See Erie do Ser I 1063..F&A 90% 1st g fte Oct 1925 Ser A__J&D 96 97% N Y Westc & 1308—Seo N Y N &H do 4349 Ser J '64 M&N 90% Non-cum Inc 58 Oct'35 Ser A_ / 533/i Nodaway Val—See KCStJ&CB 54 do 4s tier D 87% '45__M&N 93 Newport & Cin Bdge—See Louis ville & Mashy Norf & Caro—See Atl Coast L do 4s Fier F 1953.J&D 87% 93 Newp & Rich—See Conn & Pass Norfolk Southerndo 45 Ser G 89% 1957_M&N 90 NYB&M Bch—See Long Tel 1st & ref g 5e '61 op 'VS__ P&A 67% do 4s Bet H 1960 .P&A 8731 93 N Y Bay Ext RR—See Long lel Norf & Sou 1st its 1941__M&N 86% 87 do 334s Ser E '49_F&A 89% New York Gentral R. R.— 1st gen g 88 1954 opt.. J&J CStL&Pitte let 5s g'32A&() 101 Cony. deb. 6s 1935 ____M&N 983 99 Rat & Cape F 1st us '43 M&S 71 Va Pitts & Char gu 87 4e'43Md/N Con M 4s 1998, Fier A__F&A 76% 76% [tat & Southp con /58 '65_J&D 72 85 &due Bay & Song 5s'24_J&J 80 oo New York Cent & Hud River— Suffolk & Car con 5s '82...J&J Sun & Lew let g 4s 1036_J&J 80 Ref'g g 3348 July 1 1997__J&J Norfolk Ter 1st gu 4s'61_ _M& N 7134 70 Tot Walh Valley & Ohio Deb g 4e1934tax-exemptM&N 8434 8 7,1I§3 Norf & West genes 1931_M&N 109% 111 1st g gu 434s 1931 Ser AJ&J 85% 90 Deb 4s 1942 tax-exempt_J&J Imp & eaten es 1934 8034 _F&A 106% 1st g gu 430'33 Ser B_J&J 85% Ref & imp 434s 2013 op A&O 82% 8034 New River let 13s 1032._ A&O 107 1st g gu 4s 1042 Ser 71% C M&S 5% notes 1919 99'4 N&WRy let cons 4s '96..A&0 9934 84 84% Penn & N Y Canal—See Leh V NYC Lines eq 51'19-'22 M&N b 6% 5.85% Div let lien & gen g 4s July 1 Pennsylvania dr Northwestern— NYC Lines aq 430'19-'25J&J b of 5.85% 1944 opt Jan 1 1929___J&J 81 84% Gen its Jan 1 1930 95 MS 100 NYC Lines eq 434e'19-'27J&J b 6(7 / 5.857 Cony g 48 1932 op 1917..J&D Clearfloid&Jeff lot Os'27_J&J 100 NYCLinemeg 43-is'19-'28_ .1dcJ b 5.850 Cour deb 434s 1938 ____M&S 104% Pensacola & Ati—See Lou N Beg & Alb eq 4349'19-'27 A&O b 6°1:, 5.85 0 Cony Os Sept 1929 wh iss_ _ 107% 108% Peoria & Eastern—See Clay&Cin Chic & St L L S Col tr g 334s 1998_ F&A 68A 72% N&W Pocahontas 4s '41_J&D 86% 89% Peoria & N W—See Chic & N W M C col Sr g 330 1998_ F&A Eq tr 434s 1919-1924 __F&A b 5.75 5.25% Peoria fly Term—See Ch ft I & Pac 69% Beech Cr—lst 48 g gu '36 J&J 8634 ColCon&Ter let 5s g '22_J&J 97 Pea & Pekin Un let 60 '21 Q-13 100 2d guar g Se 1936 J&J SctotoVal&NE Ist4s'89 M&N 8734 81 2d mort g 434e Feb 1'21 M&N 00 Cif Bit C Co 1st g 45'40J&J North & South Caro—See Caro All dr West Pere Marquette (New Co) Beech Creek Ext 334s'51.. A&O Northeast Penn 5s 1920 __A&O 92 100 1st July g 5s '56 Bar A____J&J 87% 88% Cart & Adir 1st 48 g'81_J&[) 743i N'east of SC—SeeAtIC L of S C let g 4s July '56 Ser B __ _J&J 71% 72 GouY & Osw 1st 58 g '42J&D 91 Northern Cal fly—See So Pac Perklomen_lst 53'18 ext to'38Q-J 95 98 Lake Shore & Mich South— Northern Central— Se 1918 ext to '38 2d Q-J 95 98 Con g ref 334s 1097___J&D 73 Con gen M 434s E 1925_A&O 74 90 Petersburg—See All Coast Lino Deb g as 1928 NUS 89 Mort bds Its 1926 Ser A_ J&J 100 90 Phila & Balt Cent 41; 1951 _M&N 82 86 Gold 4s 1931 M&N Mort bonds 5e 1926 Ser B J&J 100 89 8834 Ball & Wash 4s'43_M&N Phlia 87% CleveShortlene43e'61A&O 90 Northern Ohio—See L E & West Philadelphia & Erie— K A & Or R 1st Ss'38__J&J 92 Northern Pacific— Gen (now let) gu Os g '20_,L10 100 Kal&W Pig'n g 5s'40__J&J 95 Prior lien g 4s Jan 1997___Q-J 84 84% Gen g 5e July 1 1920___A&O 97% 99 Mahon C RR 1st ?Ss'34._J&J Gen Hen g 3s Jan 2047___Q-F 9334 WWI. 60% Gen g 4s July 1 1920____A&O 96 98 Merchants' Dtsp Trans Co— Ref & imp 434s 20478erA.J&J 89% Nina Harrisburg & PittsburghEq trust 434s 1919-20. J&J nb 7.75 7% St P & D Div g 48 1996__J&D 75% 86 let mart gold 5s 1925.....A&O 98 Michigan CentralWash Cent 4s Mob 1048_Q-M 68% Phil(' Newt & N Y 3e'42. A&O 85 69 73 5s cou '31 D&BC div_M&S C B & Q Coll 4s—See Gt Nor 9534 Philo dr Read—See Reading Co Deb g 48 1929_ _ A&O 83% St Paul & Dui let 5e '31_F&A 98 8134 Phila Wilmington & Bait— Equip 5s Apr '19-'31 __A&O b 6.10 5.80% 1st consol g 4s 1968___J&D 76% Debenture 4s 1922 95 M&N 97 let tie Kal & SH 1939_M&N Dul Union Dep 55 '30_ A&O Debenture g 4s 1926__J&J 88 90 1st mtge M Air L 4s'40 J&J St Paul de N Pac (te g '23 F&A 103% 105 8034 Debenture g 4s 1932.....A&O 90 92 let g 4aJoi&NInd'57 J&J10 Reg certs 69 1923 101% Col tr Q-P ctfs 1921—See Penne RR 1st g 334s JL&Sag '151 M&S No Pee Ter Co—let Os '33_J&J 107 723j Philippine Railway1st g 334s 1952 M&N North fly of Cal—See Sou Pee 7434 1st 48 1937 5 f op gu ____J&J 45 49 Baye&BCIstM g3s'89J&D North Pee Coast—See No Shore Pine B1 & W—See St L I ,M&So Bat C&13 1st gu g3s'89 MD 52 North PennsylvaniaPine Creek—See N Y Cent ud & Riv II Dot R Tun 434e'61gu M&N 81% 1st M 4s extended 1936_ M&N 8334 90 95 Pitts Bessemer & Lake Erie— Grand Riv Val 4s'59_M&S Gen g 3 3-10s 1953 J&J 77 80 PS&LE let g 50 1940.A&0 95m Tot Can Sou D 48'56_ J&J 75 Northw Term g 5e 1926 gu_J&J 30 Cone 1st g 5s July 1 '43J&J o3q Norwich & Wor-4s 1927__M&S 88 PB& LE con g Se 2047.J&J 90 Ogd'bu & L Cham-See Rutland Deb g Ife 1919 .1(16D 97 100 l'itts Char & Youghiogheny— Gen raort gtd 4e 1932___A&O 80 Pitts Gin Chic & St L--See Penn RR Pitts Cleve & Tol—See B de 0 tne14. / price leelodee accrued Interest k Last sale I In London. e Nominal a Sale price I Tax-exemut JAN., 1919.] RAILROAD BONDS 37 NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bid. Ask. Bond, Ask. I Bid. Bonds. Ask. Bid. Hondo. Railway—(Con.)— Southern Manit (Cocci) & Paul Minn St 0 dr 13 Junction—See Pittsburg 70 40 Aug South g 55 1924_ __J&D Minn Union let 68 1922_ —I& J 100.1 Pitts & Lake Erie—See N Y Cent & Hud River 99% 94% ETVa&Ga—Div g 59'30_J&J J&J let 55 July 1922 Pitts McK & Yough,—See N Y C 99% 95 1956....M&N 53 g let 110% Consol Mont Cen 1st gd as '37_J&J 10 Pitts Shaw&N—let g 5s'49 P&A I 5 52 A&O Ga Mid 1st g 3s 1946 99 2 1st guar gold 58 1937 _.J&J P&A Gold 48 Feb 11052 97% Ga Pee let g Os 1922_ _J&J 101 WI!& S F let 5e g 1938_J&D 85 (1% receivers' ctfs 1918_M&S Knoxv & 0 let g Os 1925_J&J 100% St P & N Pac—See No Pee Pittsburgh & Shawmut— L & N So joint g 4s—See L&N St P &S C—See C St P M 0 60 let a f gold 150 1959 opt__J&D 95 88 Mob & Birm pr lien 5s'45 J&J St Paul Union Depot Co 5%% Pitts Shen&LE—SeePBess&L E 72% 65 J&J 99( Gen M g 4s 1945 99 guar notes Dec15 '23_J&D15 Mob Term RR & Coal72% 70% Mobile & 0 coil tr 4s'38_ M&S Salt Lake City Un Dep & RR— 95 J&J 1st g all s f 5s 1942 92% A&O 27_ d Rich&DauDeb5sstp 86 80 M&N let M 5s 1938 90 WestSideBelt let g 5s'37M&S Richmond & Mecklenburg— San Ant & Aran Pass—SeeSoPac Pitts Va dr Chas—See Penn RR 75 let g 48 Nov I 1948__M&N San Francisco & Nor PacificPitts & Western—See B & 0 99% 93% So Car & Ga 18t g 5s '19 M&N 90 1st g 5s sink fund 1919_..J&J Pittsb Younget & Ashtabula— 90 A&O 19 g' Sumter&WatR5s San Fr & S Jo Val—See AT&SF 96% M&N Cousol 5s 1927 95 Va Mid Series D 4-5s'21_M&S San Fran Term—See Sou Pacific 85% lot gen 4s Ser A 1948___J&D M&S -9331 Series E 5e 1926 Santa Fe Pres & Ph—See Atch Top & S Fe Portland dr Ogdeneburg— 91% M&S Series F 5e 1931 95 Sault Ste Marie Bridge— 93 let M 43s 1928 guar___M&N 98 96% M&N Gen'l 5e 1930 let Mefg 5s July I 1937_J&J 86 Port & R Falls—lst g4s'26 M&N do guar etamped_M&N Say Fla&W—See Atl Coast Line 76 Debenture 4s Aug 1927__F&A 92 85 P&A 45'24 gu let Wash O&W 75 80 SardrStates—let g gu 5s'53 J&J 75 Portl (Me) Term gu 4s '61_J&J S & N Ala—See Louis & Mashy' Schenectady & DuanesburgPort Reading—let gu 58'41.J&J Pacific Southern Coast—See Pee South 95 M&S 1st guar Os 1924 Ports Gt F & Con—SeeBosdr Me SpartanU&Col—See Ashy&Spar 97 Schuylkill River E S—See B & 0 gu 5s g'41J&J Potomac Spokane Falls & NorthernScioto Val & N H--See Nor & W Princeton & Northw—See Chic dr N W 96 J&J let 60 g 1939 75% 74% Scab Air L-1st g 4s 1950_A&0 Prov Sec Co.—See NYN El& 72A 74% Spokane InternationalStamped Providence Term—SeeN YN II& II 83 J& let g 5e 1955 52% 52 89 81 Adjust M 5s, Oct 1 '40__F&A Prov Jr Wore—let 4s 1947_A&O 92 85 60 State 14 & Bair 4%e '29__ _J&J 57% Ref g 43 1959 opt Raleigh & Augusta—See Seaboa rd Air Line Ohio 89 Staten bid Ry—See Bait & 86 let & con 6s 1945 Ser A_ M&S Ral&CapeFear—See Nor South. SW L St Tex—See S & N henv 8te 6% 6.50 b 58 , Eq43 Jan'19-July '22J&715 Raleigh dr Gas—See Scab Air L % Suff & Carolina—See Norf & So Eq g 5s Jan.'19-Dec'19J&D15 b 6.50 Ral & Southp--See Nor South's) 6%'Sumter & Water R—See SC&Gs Eq g 3s Feb'19-Aug'23 F&A15 b 6.50 Raleigh dr S W—See Chesapeake & Ohio Sunbury Hazleton & W BAtlanta-Birmingham Divis— Raritan River—let g 5e'39_J&J 95 M&N 1st 5s Nlay 1 1928 79 74 lst g 48 May 1 1933_ M&S Ravensw Sperm & Glen—See Ba It dr Ohio 98 2d snort Inc 6s '38 coup..M&N 723 Car Cent let g gu 45 '49.._J&J Reading Company— RR Penn Lew—See & Sunbury 85% & Florida Cent Peninsula J&J Gen g 40 Jan 1 1997 854 M P & Om St Superior Short Line—See Ch 88 1st g 5s 1918 ext to 1923 863 Jer Cen g 4s '51 op '00__A&0 Tampa & Jacksonville953J&J 99 at 6% Atlantic City 5s 1919_ _ _eldr N 093 A&O lit M 5e 1949 93 lst 1 g ext 5s gold '30J&J 70 1st cons g gu 4s 1951 J&J 70 .50 Tampa North let 53 1936 opJ&J 95 1st con is gold 1943__J&J 85 W&No tr ctfs 45 red 105.Q-M Tarkio Valley—See K C St J & Council Bluffs 95 104 So Bound let g Ile '41_ A&O Phi's'dr R-2d 5s g 1933A&0 Louis) (St Assn RR Term 91% 90 Ala & 5s 87 Oct '45_J&J Georgia Imp M ext g 4s 1947_A&O 99 87% A&O let gold 4%s 1939 90 Ga&AlaTerm 1st g 58'48 J&D 87 Cons ext gold 48 1937_M&S 95 let cousol gold 5e 1944 _F&A Ga Car & N—lit 5s g'29_J&J 963-i Term 5s g gu May 1 '41 Q-F 103 82 78% '10_J&J op Gen ref s f g 4s '53 Ral'hdrAug'eta—lst 6s'26 J&J 102 Del R Ter pm g 5s'4251&N 100 St L Br let g 75 1929____A&O 10634 110 95 Ral'h&Gast'n—let g5s'47J&J Ex p mon g 5s 1942_J&J 100 9034 92% A&O StL Met Bdge T-5e'30 97 94% 100 96 Seab&Roanoke— let5s'26J&J Wilm & No lot ffe '27_J&D Met Bdge 6s'29 op '09 P&A 90 • Seacoast RR of N J 5s '48_ A&O 90 Gen g 5s Aug 1 1932_Q-F 8.5 Terre Haute & Ind 5s 1025_J&J 90 Seattle Term Os 1019-1930 Thula & Read Coal & Iron— Haute dr Peoria— Terre 87 Sebald & 1st Mooseh 511128_M&S g f s guP&A 4s Col ext'32 85 M&S _ '42_ let con g 5s Sept 1 Shamokin Sunb'y & Lewieb'gRens & Saratoga—See Del & 80 Texas Central—let 55 1923A&O 2d es g July 1 1925 J&J Richm & Deny—See Southern Ry Texas & New On—See So Pee Sherman Shrev & Sou—See Mo Kan & Tex Rich Fredericksb dr Potomac— T & K M. Okla—See & Texas western South s 95 Brdg 90 Shreve & Cone mtge 4%s 1940.A&O Ter—See St Lou! 90% 90 Texas & Pee 1st 55 2000___J&D Sierra Ry of Cal— Rich & Mecklenburg—SeeSoRy 65 2d Inc g 5s Dec 2000____Mar f 50 69% islet Cs, g,Apr 12'37 _A&012 Rich & Peters—See Atl Coast L 93 __J&J Lou Div let g 3e 1931_ Sioux C & Pac—See Chic & N W Richmond-Washington Co— North & W Min Weatherf'd & Sodus Bay Sou—See Penn RR Col tr g gu 4s 1943 opt_J&D 80 &Det—seeFlike let gu g 5s 1930 Somerset Ry 1st & ref 48'55_J&J Rio Or Junc—See Deny dr Rio Grande h Cent Toledo Can Sou South Bound—See Seaboard AL Rio Grande So—See Den & Rio Grande Central— Toledo & Ohio So Car dr Ga—See Southern Ry Rio Grande West—See Deny & Rio Grande 92 99 J&J 1st 5s g 1935 Sou Indiana—See Cl Terre Han Is & S E Hoch & Pitts—See Buff R & P 87 92% West Div let 5a g 1935..A&0 93 Southern Pacific Co— 85 RockIel-FriscoTerm-58'27J&J 76 84 J&D 1935 5e g Gen 80 76 '49_J&T) 1 Aug 4e(CP) tr dr Pac C dr Coll Ark I Isl R La—See Rock 6% Car tr 48 S'er B 1919-'20_ _J&J b 6.50 83 851-4 Cony g 4s Jne 1'290p'14..M&S RockIel & Peoria—See C R I &P 78 80 Kane & Mich let 45 1990 A&O 1031-4 J&D 102 Cony g 5s 1934 Rome W & Og—See N YC&H 95 90% J&J 1927 5e g M 2d 5.93 5.55% 74% Eq 434s 1919-Sept 1923_NttcS Ratiand—Con 4%s 1941___J&J Eq 430Jan '19-Jly '22J&J b 6.25 5.75% Benn&Rut 43-is g 1927_M&N Car tr 430 '19-Mar'23_M&S 6 5.93 5.55% Eq 4%s Jan '19-rly '24J&J b 6.25 5.75% 95 Ogd&LCh let g gu 4s '48..J&J 61% Auet & Nor let 5e g '41_ _J&J 57 St Mary's Div 4s g 1951_ P&A 70 Rutl Can 1st g gu 48 '49_J&J Central Pacific Peoria & WesternToledo 83%, 82 Equip tr 4%s 1923-27__M&N b 1st refdg 4s g g'd '49_F&A J&J f 30 801-4, let g 4s July 1 1917 80 Sag Tulle & Hur—SeePere Marq let g gu 4s Oct 1 1954_A&O 86%;Toledo St L dr Western— 851-4 St Clair Mad dr St Louis Belt— M 33.111 g g'd Aug 1'29J& E) 83% Pr lien g 31-4e July 1 '25 J&J Alton Bridge 1st g 4s '51_J&J 65 Galveston Muriel) dr SanAn51% 52% A&O let g 4s Apr 1 1950 101 913j St Clair Term 1st as 1932_P&A . 00 Mex&P Div let 5e'31_M&N 32 Col tr g 43 Ser A 1917_ _F&A 97 2d M 5s 1931 gu_J&J St Johns & L Clam—Se'44 M&S 18% dep ctf Tr Union 71 65 Sil & Or Isl—lst g 4s '47_ _J&J Gila Val Globe & Northern— 78 74 Tot Term Ist430 1957 gu _ M& N 102 82% let g 5s Nov 1 1924M&N IS Law dr Adiron 1st 5s'90_J&J PennRR 0—See dr Val Waits Tot A&O Houston East & West Texas— Id gold 6s 1990 87% 991-4 Tombigbee Val let g be '50 A&O Ill Cent 911-i lot 50 g May 1 1933__M&N St Louis Al & T J&J Gen mtge Qs 1935 95 91 BS Louis Br—SeeTerm RR Assn let guar g 54 Mar'33_M&N Toronto Ham dr BuffaloSt L & Cairo—See Mobile & 0 Houston & Texas Central70% 87 1946____J&D 1 June 4s g 1st 98 J&J 931-i 1st 1 g Ss 1037 St L Iron Mt & Sou—SeeMoPac 949.4 Troy & Boston—See Fitchburg 939.4 St L Mer Br Co—See Term RR Gen gold Is 1921_ _ _ A&O •100 98 1939_J&D 58 Bdge T 1009.4 Troy dr W St L Peoria & N W—See Chic & N W Waco&NWDivOs g'30M&N 95 89% Ulster & Del con 5a 1928__J&D 989-4 St L Rocky Mt & P 58'55—See C& It C Os,p.44 La West let tle 1921____J&J 70 A&O let ref g 45 1952 St L South—See Illinois Central Morgan's Louis'a & Texas— Union PacificJ&J St Louie-San Fr (reorganized) let g Os 1920 87% 89% __J&J 1947 g 4s let fty & 1 g 94 Pr 1 4s 1930 Ser A 30 North Cal Ry g 5s 1929_J&D 63% 633 89 89% J&J Cony 43 1027 JAri Pr 1 50 1950 Ser B 933.4 78% NoRy ofCal 5s g gu 1938 A&O 79 82% 82% let dr ref 45 June 2008__M&S 98 97 Prior lien es 1928 Ser CJ&J Oregon & Cal let 5s 1927_J&J 96 104 104% 1928_ July rcts temp Os 10-yr 68 66% gu g 48'43_J&J 673.4 Pass Ar & A Cum adi 6s July 1955A&O 69 h & Nay RR 793% Ore-Was Nay—See & RR Ore 81 44 Income mtge Ss July 19600ct San Fran Term lot 46'50 Adc0 44% 103 Oreg Sh Line 1st g 69'22_ P&A 101 So Pacific Br 65 1937_ A&O 107 BS Louis & San Francisco— 99 let consul 5s g 1948_ _J&J J&J 103 Southern Pacific RR Cal— Gen mtge g Os 1031 86% 87 Ref g gu 48 '29,op'07_J&D 96 95%, 96% lit con g S. gu 1937__M&N Gen mtge gold 5s 1931 J&J Utah & Northern833.4 833'( let ref g 48 1955 op '10 _J&J Birm Belt 1st g gu 48'22_Adc0 80 91% 1st 7s'08 ext at 4%to'33 J&J 93 904 80 So Pee Coast 1st g 48'37_J&J Sou West Div g Se 1947_A&O 89 82% Causal gold 5s 1926.. ...J&J Texas & N 0— St Louis SouthwesternUnion Terminal Co (Dallas) 80 85 72% M&N Coneol gold 5s 1943_ __J&J 1st g 48 1989 certfs 73 90 87 1922__A&G op 1942 5s g let 58 Dallas Div let g 4e'30_ Fdt A Id g Inc 411 Nov '89 cert_J&J 65% United N J RR & Canal Colit cousol g 4s 1932____J&D 63% Southern Railway93 96 1923____P&A 4e gold General 96 J&J 5s 1994.. 57 953-4 1st consol gold lit term & unit 59 1952_J&J 01 92 General gold 48 1929___M&S 67 689.( Develop & gen M g 45'56 A&O Eq 5s Ser D 1919-1923_ P&A /0.50 6% 84% M&S 1944_ 413 gold General 991-( 99 1919__M&S2 16.50 Mar 2 Eqfki Ser E 1919-1924__Atk0 6% 5% notes 73 Gen let g 3345 Mar i'51 M&S 63 Eqtrg4%s Feb'19-Feb'21P&A b 6.25 5.75 Cent Ark & Ea 1st 513'400pJ&J 67% 6.25 5.75% Upper Coos—See Maine Central Eq tr 43-is Ser M 1919___J&D 95 Grays Pt Term g be '47_J&D acific P 70 _ Eqtrg434eApr'19-Apr'20A&O b 6.25 5.75% Utah & Northern—See Union Shrev Bdg&Ter 53'55 guF&A Utica & B1 R—See N YC&H 92 95 65 70 fitephesivN&STex5s140op.J&J E Tenn reor lien 55 1938_ M&S Utica Clint & Bing—See Del & Ilud 93 1st Mem div g .5s 1906_ __J&J St Paul Bridge dc Terminal Ry._ 73 95 J&J 759-4 Vandalia RR100 lit M 68 1929 St Louis Div 1st g 4s 1951 J&J 77 P&A Con g 4e 1955 Ser A 60 Aiken Br let g 4s 1998__J&J St Paul & Duluth—See Nor Pac 79% M&N Ser B 1957 Atlanta & Charlotte Air Line St Paul East Gr Trunk—SeeChic & N W Vera Cruz & Pacific RR87 86 let M 4%s 1914 ser A_J&J St Paul & K C Short L--See Ch R I & Pee J&J let g 4345 1934 opt 9734 929.4 1st M 5s 1944 set B___J&J St Paul Minn & Manitoba— Verdig Val Ind & W—See Mo Pa 76 89U J&J 93 Atl dr Danville let 4s '48_J&J lit cone g 48 1933 90 '40_A&O 434s let Val Vermont 80 J&J J&J 111 2d g 49 1948 1st cousol g Ss 1933 Vicksburg & Meridian—See Ala & Vicks 70 94 103% AU dr Yad let gu g 43'49_ A&O let con rod to 4%e g '33_J&J Pac— & Shreve Vicks 88 Montana ext 1st 4s '37_ _J&D 873's 96 90 P 1 68'15 cat 5%'40___M& N 1940J&J d 76% Pacific Ext 1st 4s 95 Gen 519 May 1 1941___M&N Eastern Ry of Minnesota— Virginia Midland—See So Ry 83 Nor div let g 48 1948_A&0 87 J&J Va & Southw 5s 2003 71% 80 let con g 5a 1958 Virginian Ry— 94% 93 M&N lot M g 59 1062 opt Last sale. 1 In London. a Sale price. bBseis. c On basis of £4.84$ to the £. d On tilebasts of $5 to the .C. /This price includes accrued interest. k 38 Bonds and Stocks. RAILROAD STOCKS Bid. Ask. Stocks. Par. Bid. Ask. [Vol.. 108. Stocks Par. Bid. Wabash—lst gold 5s 1939 M&N 96% 99 95% Chicago & North Western_ _100 96 Mississippi Central 29 100 2d gold Si 1939 92 38% Preferred F&A 100 131 136 Missouri Kansas & Texas.._ _100 434 Deb mort 6s ser B 1939__J&J 87% Chic R I & Pac corn temp ctfs_ 25 25% Preferred 100 equip g 5s Mar 1 1921_51&S 80 97% 7% prof temp ctfs 81 Missouri Pac Ry trust ctfs_..100 25% 1st lien term g 45 1054_ _J&J 90 6% prof temp ctfs 07 60% Preferred trust certifs____100 53% 90 4% gold notes May'20_M&N 76 95 Chicago St Paul Minn & 0_ _100 80% Mobile & Birm prof (guar)__100 55 87% 102 Det dr Chi ext 1st g Ifs '41 J&J 120 105 Preferred 100 Mobile & Ohio—See South'n Ry Des M div 1st g 4s 1939_J&J 5 77 Chic Terre Haute & S E ..100 Morris & Essex (guar) 50 d 70 Tol & Chic 4s g 1941_ 82 Cin Indianapolis & Western _100 n 4 3 Nashua & Lowell M&S 100 110 69 Omaha Div 1st 3%s g'41A&O 72 10 Nash Chat & St Louis 100 n 7 Preferred 100 110 Warren RR—See D L & W 240 Cinc New On & Tex Pac___ _100 Nashy & Decatur (gu L & N) 25 ci 35 82 Wash dr Colum Rly-4s '35 J&J 100 92 13 100 Preferred National Rye of Mex 1st pref100 Washington Cent—See Nor Pac Cincinnati Northern 7% 100 Second preferred 100 Wash Co Ry—See Maine Cent 31 60 Cin Sandusky dr Cleve pref. 50 d 50 New Orl Tex & Mex v t c Wash 0 dz W—See Southern Ry 30 331 Cloy Cin Chicago & St L___100 93 NY B'lyn & Man B prof(gu)_ 100 77% Wash Term Co.-3348 1945.F&A 68 72 Preferred New York Central RR 100 74% 100 1st g 4s 1945 guar 8,1% 72 F&A Cie/. & Pitts (Guar Pa RR)- 50 d 68 Dividend payable in London Id Weatherford Min Wells dr N—Se e Tex dr Pac 45 23% Betterm't stk (Gu Pa RR) go d 37 New York Chic dr St Louis__100 West Jersey & Sea Shore— 20 23 62 Colorado & Southern 1st preferred 100 100 83 Consol g 45 1936 90 Jeri 49 54 41% 1st preferred 2d preferred 100 100 75 Cons 3%ei g Ser B 1936_ _J&J 80 100 40 48 2d preferred New York & Harlem (guar) 50 d 85 West Maryland-4s 1952__A&0 56 57 Columbus dz Xenia (Guar).__ go 36 76 90 N Y Lack & West (guar)_ _ _100 gold notes 1915 op J&J 59' Concord de Mont—Class I__100 z 78 31% New York New Hay & Hart..100 92% Bait & Harris g 58'38M&N 95 100 z 78 Class II 19% N Y Ontario & Western.._....100 let M West Ext g 5s'38M&N 92% 95 1049 z 78 Class III 18 Norfolk Southern 100 Coal & Ir Ry Ss g 1920__F&A 98 100 z 78 Class IV Norfolk & Western Ry 100 107% West N Y & Penn be 1937_ _J&J 99'% Concord & Ports (guar),.....100 100 97% 72% Adjust preferred 100 Gen mort gold 4s 1943__A&O 85% Conn dr Passumpsic—Pf(gu) 100 85 78 No Carolina (guar So ER)_ _100 150 Income g Ss Apr 1943__Noy 1 45 Conn Riv (guar B & M)___ _100 105 115 Northern Central(gu Pa RR) 50 d 75% Western Pacific RR Corp23 19 Cripple Creek Central 100 North'n N H (guar B & M)..100 x 90 1st M 5s Mar 1 1946.. __M& 85% 30 Northern Pacific Ry 80 Preferred 25 100 100 93% Western Pa—lst g 4s 1928_ J&D 92 91 Cuba RR preferred 100 Id 89 91 40 Nor RR of NJ (gu Erie)____100 West Ry of-Ala-430 1918 A&O Dayton & Mich corn (guar)_ 50 d 30 40 Northern Securities Co stubs_ d 72 Western Transit—See N Y Prof (guar C H & D) 75 North Pennsylv (gu P & R)....50 d 80 50 d 65 West Shore—See NYC&HR RR Co Delaware & Bound Br (gu)_ _100 150 165 Norwich & Wore pref (guar)100 x 100 West Side Belt—See Pitts Term 110 Ogden Mine RIt(gu CenNJ) 100 Delaware & Hudson 100 103 90 West Va & Pitts—See B & 0 Delaware Lack dr West 190 Old Colony (gu NYNH&H)_100 x 104 go d 180 Wheeling dr Lake Erie RR— Delaware 43 Ontario & Quebec 25 d 39 _100 14105 lit consol g 4s 1949_M&S 03 3% Denver & Rio Grande 7 Oswego & Syra (gu DL&W)_ 50 d 75 100 56% Ref M 4%,Ser A, 1966. M&S 70 7 Pac Coast Co—See Misc stocks 100 Preferred 6% L Erie Div 1st g 5s 1926_A&O 90 90 Des Moines de Fort Dodge..100 2 Pennsylvania Railroad 1 50 d 44% Wheeling Div 1st g Ss '28 J 90 88 30 Peoria & Bureau Val (guar)_100 100 20 Preferred 100 Exton & impt g 50 1930_ F&A 93% Detroit Hills dc S W (guar) 100 75 08 5 Peoria & Eastern 100 Equip I g tis 1922 85 85 Detroit & Mackinac 13 J&J Pere Marquette temp v t c_ _100 100 Wheeling Term-4s 1040....F&A 78 43 Preferred 75 Pref temp vot tr ctfs 100 100 Wichita Falls dr Northwestern— Detroit Toledo & Ironton._,.100 50 Prior prof temp v t c 100 lit 55 Jan 1939 75 J&J 1 65 Preferred Phila Germ & Norris (guar)_ 50 d 105 100 lit dr ref g as 1940 op 4 Phila & Trent (gu Pa RR)__ 100 180 Jar) 3 Duluth South Shore dr At1__100 Wichita Union Term Ry— 7 Pittsburgh Bess dr Luke Erie 50 d 23 5 Preferred 100 let g gu 4%s '41 opt_M&N 74 East Penna (guar P & R) 55 50 d 52 Preferred 50 d 45 Wilkes-B & East—See NYS&W Elmira dr W'msport (guar)._ 50 d 40 45 Pittsb Cin Chic & St Louis_ _100 45 Williamsport dr N Branch BR— Prof (guar Nor Cent)....- 50 d 60 65 Pittsb Ft W & Chic reg (gu)_100 130 IO ref g 430 1931J&J f 15 30 17% Special (guar Pa RR)____ 100 120 16% Erte—Common 100 Willmar&SFalls—SeeStP M& 28 27% 1st prof 100 Pittsburgh & Lake Erie 50 d 130 Wil & Nor—See Phila & Read's 20% 2nd pref 21% Pittsb McK & Yough (guar) 50 d 50 100 Wil de Weldon—See Atl Coast L Erie & Kalamazoo (guar) 70 90 Pittsb & West Va corn 38 100 50 Winston-Salem SouthboundErie dr Pitts (guar Pa RR)__ 50 02 52 80% Preferred 100 73% 1st g guar 4s 1960 82 59 Pitts Youngst & Asht pref__100 130 57 J&J Fitchburg preferred 100 Wise Cent Ry—lst m g 4s'49 J&J 79 80% Fonda Johns & Gloy com 100 Prov & Worcester (guar).....100 130 Marshfield & South East Div Ft Dodge Des M & Sou pref_100 90 100 Providence Warren & B.......100 90 pur mon 1st g 48 1951_51&N Ft Wayne & Jack—pref (gu) 100 100 85 Railroad Securities CoSup de Dul Div 4s 1936_ _M&N 78 Geor RR & Bank Co (guar)_100 230 240 60 4% Ill Cent Stock ctfs 1952_ Minneap Term 33s'50op J&J Georgia Southern dr Florida _100 82% Reading Co 50 Wisc et Mich Ry-5s 1945_ _J&J 1st preferred 74 100 1st preferred 35 50 Wiecon Val—See C M & St P 2nd preferred 85 2d preferred 100 36% 50 80 85 WorNash&Roch-4s Jan'30 J&J Grand Rapids dr Indiana..,..100 25 Rensselaer & Saratoga (guar)100 118 4s Oct 1 1934 80 85 A&O Grand River Valley (guar)_ _100 125 Rich Fred dr Pot—Common_100 230 Yosemite Val s f g Si 1936_J&J 36% Great Northern Ry—Pref....100 95% Dividend obligations 100 200 d 31% Ore certificates 31% 8% guaranteed 100 230 Green Bay & Western 100 100 230 7% guaranteed Deb ctfs A & B—See under bo lads Rich & P dz R F & C Conn.. 70 ri Gulf Mobile & North corn _100 10 Rio Grande Southern 100 RAILROAD STOCKS. Par Preferred 37% Roch & Genesee Val RR ____100 31% 100 85 Harrisburg Ports Mt J & Lan 50 d 95 105 Rome & Clinton (gu D dr H)100 90 Ala Great Southern corn__ __ 50 d 39 42 Hartford & Conn Western.._100 23 20 Rutland preferred 100 Preferred 52 50 d 48 Hocking Valley—Common..100 50 St Joseph & Grand Island.. 100 Alabama & Vicksburg 100 2 Hudson Companies—Pref.._106 5 1st preferred 100 Albany & Susquehanna (gu)_100 180 2 Hudson dr Manhattan 5 100 2d preferred 100 Allegheny de West (guar)_ _100 100 115 2 Preferred 5 St Louis Bridge 1st pref____100 100 88 Ann Arbor common 100 Huntingd dr Broad Top•t c 50 d 4 6 2d preferred 42 100 Preferred 100 k 10 St Louis-San Fr stk tr ctfs 100 Preferred v t c 50 13% Atch Top & Santa Fe 100 92% 94 Illinois Central 99 100 96% Prof stock tr ctfs Ser A_ __100 23 Preferred 88 89 100 Leased lines (guar) 66 St Louis Southwestern 60 100 16 100 Atlanta Birm & Atlantic 7% Stk tr ctfs—See RR Secure Co 100 Preferred 30 100 Atlan & Mar Air L (guar) _100 150 160 Internet Rys(Cent Am)corn100 Id 12 14 Saratoga & Schenectady (gu)100 115 Atlanta & West Point 150 100 140 Preferred 100 Id 58 , 61 Seaboard Air Line corn 100 854 Atlantic Coast L Co of Ct 50 d 9.1 Iowa Central 6 100 3 Preferred 18 100 Atlantic Coast L RR corn_.100 99M 102. Jackson Lens dr Sag (guar)....100 Sharon 87% 50 el 35 Atlantic 1st leased lines rent tr_ Id 77 81 Joliet & Chic (guar C dr A)__100 100 115 Southern Pacific Co 100 101% Augusta & Sav (guar) 96 92 100 Kal Allegan & Or Rap (gu) ..100 110 125 Southern Ry common 29% 100 Bait & Ohio—Common 49% K C Ft Scott & Memphis Ry— 49% 100 Preferred 70 100 Preferred 55% Pref Cent Tr ctf dep stpd_100 54% 100 77 67 Mob dr Ohio stock tr ctfs 55 Beech Cr (guar N Y C) 39 K C St L dr Chic—Prof (gu)..100 50 d 32 80 95 Southwestin of Ga (guar).......100 94 Bost & Alb (guar N Y C ,...10O z 135 Kansas City Southern 133i 18% Texas dr Pacific 100 100 28% Bost dr Lowell (guar B & M)_100 z 93 95 Preferred 50 100 55 Toledo St L & Western 100 Boston & Maine 30 Keokuk & Des Moines 29M 100 5 100 3 Empire Tr Co ctf dep Preferred 52% 100 Preferred 75 100 Preferred 10 100 Bost & Prov (guar Old Col)_100 168 Lackawanna RR of N J_ _100 70 78 Empire Tr Co ctf dep 10 Boston Rey Beach dr Lynn_ _100 100 Lake Erie & Western 100 9 Troy dr Gr'bush (gu N Y C) 50 d 60 Buffalo Roch dr Pittsburgh...100 65 72% Preferred 22 Tunnel RR of St L 18 100 85 100 Preferred 107 90 100 Lehigh & New York pref___100 Union Pacific—Common _ __100 129% Buff dr Susq RR Corp corn_ 100 73 74 Lehigh Valley 50 d 55 55% Preferred 100 72 Preferred 53 55 100 Preferred 50 d 85 United N J RR & Canal (gu)100 187 Camden & Burl Co (guar) 32 Little Miami orig gnat 25 d 28 50 d 80 87 Utica Chen & Susq Val (gu)_100 107 Canada Southern 49 100 Spec guar betterment Mk _ _50 d 37 42 Utica Clinton & Binghamton100 55 Canadian Pacific 100 158% 159% Lit Schuyl Nay RR&Coal(gu)50 d 42 45 Valley RR (N Y)(guar)____100 90 Preferred 100 Id 72 76 Long Island RR 50 Vermont dr Mass (guar)........100 91 CaroClinchfield dr Ohio com.100 20 Louis dr Mo Riv pref (guar)..100 90 115 Virginian Ry 100 19 Preferred 100 50 Louisy Hend & St L corn __100 2 Wabash Ry 100 8 Catawissa RR—lst pt (guar) 80 d 40 42 Preferred 20 100 Prof A 25 100 31% 2d pref (guar P dr R) 50 d 40 42 Louisville & Nashville 100 118 121 Pref B 100 19% Cayuga dr Susq (gu D L & W)30 d 45 55 Lowell & Andover 20 100 Ware MY RR (gu B & A)......100 k Central of New Jersey 230 100 209 Mahonlng Coal RR 50 d 325 400 Warren N J (guar D L dz W) 50 61 60 Chesapeake & Ohio 56% 100 57% Pref (guar L S dr M S) 50 d 40 West Maryl Ry new corn......100 50 10% Chicago & Alton RR 10% Maine Central 100 7 100 z 80 82 1st prof 100 40 Preferred 100 14 Preferred 92 100 93% 2nd pref 100 23 Chic Burl & Quincy 100 Manchester dr Lawrence.. _100 107 Western Pacific RR Corp_ ....100 19 Chic lit West corn 100 8 Maryland & Pennsylvania.._100 Preferred 100 Preferred 24 25 100 Massawippi Valley (guar)_ _100 70 West Jersey & Sea Sh—Corn 50 d 44 Chic & East Ill—Preferred...100 3% Michigan Central 23!,t 100 91 Wheel & Lake Erie Ry 96 100 8% Prof Equit Tr ctf dep 2% 3% Mine Hill & Schuyl Hay (gu) 50 d 51 Preferred 53 100 17% Chic Ind & Loulsy corn 100 Mlnneap dr St Louis new _ _100 11% 13 Wisconsin Central. 100 33 Preferred 100 Minneapolis St P & S S M__100 90 94 Wrightsville & Tennille, corn 25 d 18 Chicago Milw & St Paul 100 33% 39 Preferred 100 105 110 Preferred 100 73 73% 4% Leased Line Ctfs 100 GO 70 Basis. d Price per share not per cent. f Fiat price. k Last sale. lbn London. tiNotninal. s Sale price. INew acock. sEx-dir. Ask. 31 10 2534 54 65 77 120 40 334 32 105 75 29% 70 47 100 32X 20 18% 103 75 94% 60 fk2 82 100 10* 90 44% 130 1;4 4§ 83 115 200 27 55 55 1411 139 169 69 38% 32 139 13834 8 71 38 30 13D 279 225 270 270 100 ta 110 22 06 52 14 22% 35% 135 183i 45 102 732rt 65 97 17 29 13 70 100 129% 73% 194 117 65 100 109 23 8% 32 2014 120% 70 11% 59 39 26% 92 46 934 1.8% 36 20 Ex-rights. 39 PUBLIC UTILITIES of "Pubt'o In tho fonowinv, rearra,nttornent of our quotation lists we bring together under the general designation issue in a Utilities," all the different forms of such securities, thinking it easier for the reader to find any particular head to look general list than when the securities are subdivided under separate heads and there is doubt as to what and under. In other words,under "Public Utilities," we include Street and Electric Railways, Gas, Electric, Power, Water Telegraph and Telephone Companies. great In quoting Public Utility bonds, we employ the same method as in quoting the bonds of steam railroads. The case. On the majority of issues being quoted "and interest, we use no designating mark whatever where that is the part of the other hand, we prefix the letter "f" where there is a deviation from this rule; in such cases the interest forms is to be price. Unless, therefore, "f" appears against a quotation, the buyer will understand that the accrued interest takes account added on. This, however, does not apply to income bonds and bonds in default, in which oases the price of the interest (should any payment be announced) and no designating mark is employed. bonds. NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted Bonds. Bid. Ad. Bonds. Bid. Ask. Bonds. Bid. Ask. I Chicago City & Connecting Rys — Bost Elev—West End St. (Conc 1) Adirondack Elec Power Corp— 49 45% % Col Sri f g tis Jan 1 1927.A&O 875 83% J&J 87 4%e July 1 1930 83 let M gold tis 1962 opt ___J&J % 815 Chicago City Ry77% _FAA _ Se 1 1932 Aug Alabama Power— 37 81 1st g 5s 1927 op up to 112.11&A 60 50 90 Boot & Nor St Ry ref 4s 54_J&J 87 let M 5e 1946 opt 1921_..M&S Chicago Elevated RysGeorget Row &Ipsw 58'20 J&D 6% gold notes 1922____J&J 5% notes 1916 ext 1919_J&J 100 97 LowLaw&H let g 58'23opJ&D Alabama Water 1st 531932_J&J M&S Chic June RR 4s 1945. 85 73 98% 97 Lynn & Bos 1st 5s g '24_J&D J&J 6% notes 1920 _ Ctic North Shore & Mllw RR90 85 Bost&Wore St Ry 4%s '23 F&A Albany Ry—See United Tract'n 83 Jeri M 5s g 1936 1st Power Lt & 75 Tr Brazilian '39_M&S 5s Albany Son RR 1st Chicago & Oak Park Elec Ry— 91 6% gold notesNov 1'19_ MAc N Alton Gran & St Tr—See East St L & Su b gu_Jaa 1928 let 5s El St Lake 86 _J&J 1952 Lt 4s Gas Bridgeport Ry— Elec Val Logan Altoona & Chicago Railways Co55 65 Bridgeton & MillyTr 5s '30_J&J Con g 4%e 1933 gu__FacA 15 86 80_% __ FAA 1st m g 5s 1927 opt 76 72 J&J Bristol G & E 5s 1939 American Cities Co— 75 Con M 58 Set A Feb '27_A&O Rys 45 40 Bwaydrith Ave HR—See NY Coll trust g 5-6e 1919 opt_J&J 30 47 J&D 1927 Feb B Series Rys Y N Bway Surface RR—See Gas— American F&A 1927 Feb C 75 Series 65 95 92 Bronx GAB 5s'60 op aft'20_J&J Cony coil tr g 53 1920___J&D 55 Pur mon 4-58 Feb '27 op.J&J Bklyn Boro Gas .5s 1945 op J &D Non-cony coil tr g 53'20_J&D 28 Adj inc 4s Feb 1927 op May 83 80 J&J Bklyn City & New RR—See C I & Bk RR Deb 68 2016 RRInd Nor & 85 Bend Chic Sou 87 A&O Rap 'rran-5s'45 Brooklyn 2007.F&A tie coil 863-i Elec & Gas Am J&J 1 1937 Jan 5s g let 55 J&J 50% 97 let ref gold 4s 2002_ J&J 99 6 gold notes 1920 97 963 Chicago Telep 5e '23 op '13.J&D 97% 5% gold notes 1918 opt__J&J 96% J&J 6 gold notes 1921 Chris & 10th Sts RR—See N Y Rys 93 Cent Un Tr cony ctfs for new 95 Am Pow & Lt 6% notes'21.F&A Gas Light & Coke Northwest Gas—See Cicero A_ option 3-yr 7% notes '21 82 80 M&S 2016 65 g Deb Cin D & T Trac gold tis '22_J&J 86 84% 3-yr 7% notes 1921 ___J&J American Public Service92 86 South Ohio Trac 5s'20__M&N Bklyn City—let 5s 1941_J&J 94 92 J&D 1st lien 6s 1942 Cin & H (Ss g Apr 1 1918J&J 99 96 Wm&F1at4As July'41_F-A Cony 6% notes Mar '19_J&D Gas & ElectricCincinnati 87 1st 80 ligts Bklyn 5s 90 1941_A&O 85 '36_A&O Coll 6s Util Pub Amer 95 91 lot & ref 5s 1956 Ser A__ A&O Brooklyn Queens Co & Sub— American Railways— Cincinnati Gas Transportation 85 76 75 let Mg Se 1941 opt'16_J&J 70 Coll trust cony g 59 1931_F&A 100 95 '13__J&J op guar 70 1933 let 50 let con gu 5s July'41_M&N American Teleph & Teleg Co— 100 95 Double guarantee 84% Bklyn Un Eiev 53 1950__F&A 813/s 84% J&J Coll Sr g 4s 1929 80 Cin Lawr & Aur 5s 1911__J&J Stamped guaranteed 777 Cony g 4s '36 cony af'09.M&S 92 973 Cin New & COY Ry 5s 1922_J&J 68 77 86 86 Kings Co El let 4s 1949_F&A Cony4ais'33op aft 1925.M&S 95 90 J&J 72% 2d g 5s July 1922 92% 501 92 J&D Stamped guaranteed Coll tr 58 1046 So Coy &(An Os g 1932_ _J&J Nassau Elec—lst Se '44_A&O F&A 101% 102 Cony 6s Aug 1925 Power & Fuel Cities 78 58% 10Olet g 4s Jan 1 1951_J&J F&A 100 6% notes 1919 100 93 87 7% gold notes 1919J&D 85 73 70 Atlantic Ay con 59 g '31.A&O Amer W W & El 5s 1934_ A&O 83 Cities Service Co79 Bkln Bath&WE 53'33.A&O &nacos & Pot River RR—See W ash Ry & El 120 119 J&J 7s 1966 deb g Cony 95 94% g'45M&N 80 con5s 75 BklynUnGaalst 1941_J&D 5e Pow Appalachian Citizens' Gas(Indianapolis)— Brownsville Ave—See Phila Co Ardmore St Ry—See Phila Co 93 83 J&J 1942 3a g ref & lot 30 f g 1947_A&O tis Gas City Buffalo 86 80 '13_M&N op '33 Os Pow Arizona 9734 Citizens L,El&P(Johnstown,Pa) Buff (Ian Elea 1st 5s 1939_F&A 100 J&J 97 8% notes 1919 91 85 1914__M&N 93 opt 1934 lot 5e g 89 __J&J 1 April ile 1939_ let ref Power & Light Arkansas 102 Citizens' Ry A Lt—See Muscati ns Lt & Trae FAA 100 Deb (35 1923 90 82% A&O 1st M a f Os 1945 Citizens St Ry—See Ind Tr & Ter Buff & Lack Tr let 5s'28op J&D Arkansas Valley Ry Lt dr Pow Tract—See Phila Co. Citizens' Lake & Erie Traction 99% Buffalo 96% 6% notes July 1 1919____J&J 35 City Elec San Fran 5s 1937_J&J 1st & ref g 5a '36 op a f_ M&N 99 96 J&D 7% notes 1920 Ry—See Port (Ore) Ry Sub & City 4s Ry 1926__M&N Hamburg Asheville (N C) Pow & Light— alt) City & Sub—See Un Ry & El (13 Buff & Niag Falls El L & Pow— 90 85 let a f g Si 1942 opt___ _A&O 963/s City & Sub Ry—See Wash Ry & El 93% F&A let g fis 1942 Ashland (Wie)IL Pow & St Ry— 96 93 Clew El Ill let 50'39 op'24_A&0 80 Burl'ton (Vt)0 L 5s 1955_ J&J 80 82 J&J let M gold 5e 1939 Cloy Paineey & Ashtab ElecBurlington (la) Ry & Light— Atchison Ry, Light & Power-39 20 lot gold 58 July 1 1922___JAci f 85 80 let s f gold rie 1932 opt__M&S 87 82 MAN let 53 Nov 1935 Cley Pains & East Con 5s'18A4c0 94 90 Butte El&P lstsf 5s'19-'51-J&D Athens (0a) Ry dc Electric— CleY Ry let 5s 1931 opt___M&S California Electric Generating85 75 let dr ref s f g 53'50 op'15 J&J Cleve Southwest & Coium Ry— 86 83 1st a f g Se'48 opt aft'12M&S Atlanta Cons St RR-See Ga R y & E 80 lot gen con 5s 1927 opt__ Adc() California Gala & Elec Corp— 96 Atlanta Gas Lt 55 g 1947__J&D Cley&SW lot 5s'23op'13.F&A75 97 95 opt_M&S 50 Sink g 1933 fund Atlanta Nor Ry—See Ga Ry & El — -50 Cl BerEly&Ober5s g 'l9 M&S 95% Unif&ref g 5s '37 op s f_M&N Atlantic Ave RR—See Bklyn R ap Tr 92 90 Clay Ely & W tis 1921__F&A 95 Cal Cent Gas & El 5s'31_F&A Atlantic City (N J) Gas84 CoastCos LAP lot 5s'460p F&A 50 Cal Pac Ry—See Pacific Elec R 47 19t g 5s Jan 1 '60 opt' 20_J&J 39 86 1953M&N 5s let ColoradoPowerRy— & South Chicago Calumet Atl City & Sh RR-5s'45J &D 823/s 82 80 Columbia G & E let tis '27_J&J let M rehab g 5s '27op'12F&A Asian Coast El 1st 15e '45__M&N 82 Stamped Corp Service Public Sub Ry—See & Camden Auburn & Syracuse Elec RR— 80 76 J&J Deb. 53 1927 Canadian L & P 5s'49 op'14 J&J 85 80 let & ref g 5e '42 opt'12_A&O Columbia (S C) Ry Gas & El Co — Canal & Clan) RR—See N 0 Ry & Augusta-Aiken Ry & El Corp— 90 85 J&J 90 1st M a f g 5s 1936 87 Canton-Akron 1st g tle '22M& 66 62 Sink fd g 5s Dec 1 '35 opt-J.1c D 92 Col Buckeye L & New—See Col Newark Saanes 88 Canton Mass 1st g 58120.M&N 85 75 Augusta Ry & El 5s '40...i&D 90 Columbus Citizens Telephone87 Can-N Piffle g 5s23 opt_ P&A Aurora Elgin & Chicago RR— 98 94 J&J 1st 5s Jan 1 1921 Canton (0) El 58'37 op '12M&N 55 let & ref g tia 1946 opt___J&J 45 Columbus Dela & Marion Elec Capital Trac (Wash, D C)— 77 70 A E & C Re let g 58'41 A&015 85 80 June 1937_ & 5s, 1st ref Co 97% 983/s let g 5s June 1 1947 ____J&D 95 Austin (Tex) Gas Lt 6s '31_Q&J 92 84 79 85 Columbus(Ga) El Co 5s '33A&O Carbondale Ry 5s Nov '33_J&J n 75 Bali & Ann S L—See Md El ity 91 g'32J&J lot s 5s Columbus(0)Ga Carolina Power & Light— 94 93 Bait Elea let g 5e '47 gu_-_J&D 87 85 Colambus(0)Interurban Ter Co. F&A lot M g 5s 1938 BaltSpP&Ches—See Un Ry& El 50 70 J&D 5s 1935 1st L) guar (St y R oiled U Cass Av & F'r Gr'ds Ry—See Bait Traction—See Un Ry & E/ Col Lond & Springf Ry—See Ind Col & East Bangor(Me)Po 4-4%-5s'31M&S Central Ark Ry & Lt CorpZauesv& 80 Newark 75 Columbus S MA: 1928 1st 1 e f 5s Bangor Ely & Electric— Mk= 1st gold 5s 1924 90 Central California Traction86 lit cons g 55 1935 opt___Jdra Gen & ref gold 5s 1925.MAN 1st s f g 5s, 1936, opt___A&O 97 Bay Counties Pow 5s '30__MacS isc Col Buck Lake & NewNTra 80 Cent Crosst RR—See N Y Rye 70 BeaverValTracGen g 58'53M&N let gold 5s 1921 Central District Telephone— 93 A BellTelp Canada Deb 5s'25A&O Zanesville Ry, Lt & Power98 let s f g fis 1943 op '18 _J&D Berkshire St let g 5e 1922__J&D 5s 1912 ext to Mar'24_A&O Cent Ga Pow—See Ga L Pow & Rys Binghamton Gas Bs 1938 _A&O Colum & 9th Av RR—See N Y Rys Central Hudson Gas & ElecBinghamton(NY) L, II & P— 90 87 (Ga) Pow 58'36_Adc0 100 95 Columbus J&D 1911 53 FAA ref 1946 & 1st Ss 86 ref 89 lst 90 Columbus Ry,Pow & Light— 85 80 CentralIlisLightlst5s 1943_A&O Bingharnt Ry Se '31 op '11 MAN 070 1940_A& s 5s ext 1 & ref let Phila Al—See Co Service Public Illinois & Knox Central Birm 75 80 Col Ry 1st 40 '39 opt '14_Q-.1 -70-. 76 FAA 1st & ref g 53 1952 Birm Ry, Light & Power— 90 Col St Ry lot 5s g 1932 _J&J 74 Central Indiana GasGen ref g 4%s'54 op '09_ A&O 90 1933_JAD g 5s 88 Cross St let 84 M&S 81 1st g 5s Sept 1931 Ref & ext g 6.s 1957— _ MAN 68% Com'cial Cable-4s g 2397_Q-J 90 85 CentMainbPow 58'390p'19M&N 8% notes Apr 1919— A&O Commonwealth-Edison CoCent Market St—See Col Ry Po w & Lt Birm Ry & El let g 5s'24.J&J 93% 953/s 1 1943____M&S June 5s g let 92 88 94 53 E— & '39_J&J '41__J&J 97 G Y N G&E Cent Val Blackstone 95 91 Com'wealth El tis J'ne '43_ M&S 98 90 Tracy Deyel.as 1944A&0 Bleecker St & Ful Ferry—See N Y Rys Power & Light Commonwealth 98 95 A& 0 1946_ Lt M&S as & let Cent Pow 6838 Water Blue Lakes 94 90 al& N 1st 6s 1947 9.1 Central Ry-SeeUnRy& El(Balt) Boston El L 1st con 5s '24_ M&S Commonwealth Power (Mich)— 92 89 71 Cent States El 5%gnotes'22J&D Boston Elev Ry 4s 1935__M&N 92 90 J&D 1924 1 let g 5s Dec 74 Central Tract—See Phila Co Deb g 4%s Oct 1 1937__A&O Commonwealth Power (Nab) 71% Charleston Cons Ry Gas & El Deb g 4%s Nov 1941___M&N 100 M&S 963,' let gold 6s 1944 93 M&S 77 J&D Consol g 5s 1999 Deb g 5s Dec 1942 Compt Hts & Mei Ter—See Un ited Ry s 99 86, Ch City Ry lot g 5s 1923.J&J 90% West End St 5s 1932_M&N 85 82 Conestoga Trac let 4s '51 _J&J 85 4 89% Chattanooga Ry & Light— MAN 5s May 1936 60 Coney 'el & Bklyn RR 4s'48J&J 50 83% lot & ref g 5e 1956 op'16.M&N 87% M&S 55 March 1944 _J&J Consol gold 4s 1955. 70 98% Chatt Rys let con fis '56.MAN 99 FAA 53 Aug 1919 96%1 B C & N lot cons 5s 1939_J&J 95% Ches A Pot Tel 59'29 op'09.J&J 93% 97 M&S 5s March 1922 94 91 90% J&J 04,i Chea tic Pot Tel of Va 5s 143 NI& N 440 Jan 1 1923 and Toronte This price includes accmed interest. k Last sale. n Nominal. s Sale price. lain. Minimum prices established on Montreal steak exchanges. 40 GENERAL QUOTATIONS-PUBLIC UTILITIES NOTICE.—All bond prices are "and Interest" except where marked "f 'and [VoL. 108. n:orne and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bid. Bonds. Ask. Conn Light & Power 1st 5s..1939 92 Plaint & Cent J),See Public Indianan Wat—Ss'26 op'11.J&J 90 95 Connecticut Power 3s '63_A&O 80 86 Ells & Trenton RItiServ Corp. let Jr ref g 4%s 1910 op_ _J&J 74 68 1st & coil tr 5s 1956____J&J 92 85 Elmira Water Light dr RRInterborough-Metropol Co— 8% notes 1920 J&J 97 99 1st Jr con g 55 1956_ M&S 85 87 Coll trust g 43.s 1956__A&O 41% 42% Conn Ry & Lt 43s 1951 88 91 J&J El Paso El Co coil tr g 5s'32J&J 82 90 Iuterborough Rapid TransitStamped guaranteed opt'l_ _ _ 91 88 Empire Dist Elec Co1st & ref g 5e '66 op tax-exJ&J 71% 72% Conn Riv Pow 1st 5s 1937_J&D 97 93 1st /Ss 1949 M&N 75 80 Intermountain Ry Lt & Pow — Consolidated Cities L P Jr TrEmpire Gas & Elec and Empire 1st g es 1942 100 98 F&A 1st lien bs 1962 stpd____J&J 75 78 Coke it lsticref 5s'41 op M&S 88 91 Internat'l Traction (Buffalo)— Consol Gas of Bait 53 1939..J&J 100 101 Empire Gas Sr Fuel825 Coll tr 4s' 1949 J&A Gen g 4%s Apr 1954._ A&O 89 1st M s f 65 1926 M&N 07% 98% Buff Ry lst con M 5sg'31.F&N 90 94 Consol Gas Else L & P Equit G dz E Utica 53 1942 Akic0 88 90 Cross St Ry let 5s g '32.. MAN 94 Gen g 4%a Feb 14 1933__J&J 85% Equit Ill Gas, Phila, 5$ g'28 J&J 102 101 Buff Bell & Lan 55 1927_J&I) 92 Cony 5%notesNov15'21M&N 96% 96Yi, Erie El Motor s f g 53 1941 A&O 91 Buff & Lock let g 58 1938_J&J 92 Consol Pow 6% notes '22_F&A • 97% 93 Erie Ltg 1st M be 1967____Alk0 87 93 Buff A Niag Falls Elec ElyConsol Gas NJ Sc g 1936_ __ J&J 90 Evansv ()dal L 5s'32op'12 J&D 92 1st M 53 g 1935 J&J 1st ref 58 1965 A&O 85 Evans,' & Sou Ind Traction— Internet lty ref 53'62op MAN 37 53 Consolidated Gas(N Y)— Evansv El 1st g 4s '21_M&N 82 88 Lockp & Ole let g 3s '20 _ _J&J 86 Cony deb 6s 1920 102% Q-F 102 Evansv & Princ let 53'23A&O 94 90 80 Interstate Mee Corp Os 1933 M&S 90 Underlying cos—Ses NYGE1 H & P. Excelsior Springs Wat, Gas & El Interstate Rye—Col tr g 49 Con Gas (Pitts) 55'48 rets_P&A 1 50 let M Os 1932 op 90 J&D 95 40 1913 op 1913.. 41 FAA Undeposited bonds Fairmont & Clarksburg Tract'n Iowa Ity & Lt (Cedar Itaptde)-Consol Ltg Co(VI) 1st 38'26 J&J 97 95 1st g Ss 1938 op 1913_ __A&O 95 96 lst & ref g 5s 1932 op'15 M&S 91 88 Con Ry(NewHav)deb 48'54J&J 54 58 Federal Light & TractionIronwood & Bessemer Ry & Lt Deb 4s 1933 54 J&J 58 1st s f g 5s 1942 opt____M&S 63 73 lot s f g 5s'36 op aft '15_ F&A• 83 86 Deb 45 1956 guar 54 58 J&J Fed St & Pleas Val—See PhilCo Jackson A Battle Creek Tract See Mic higan Cons g 48 1930 ___ ____P&A Ft Pitt Trac—See Phila Co Jackson Consolidated Traction! United Rys Cons Ry & Pow (Salt Lake) See Utah L & Ity Ft Smith Light dr TractionJackson(Mich)Gas 3s g '37 A&O' Cons Tr(N J)—SeePubServCor 1st M g 58 Mar 1 '36 opt M & S 70 80 Jackson (Miss) Light & Pr— Con Wat of Utica-lst Bs'30.J&J 95 98 FtWayneB & M let 5s '35 gu J & J Islet g 5s 1922 opt'14__A&0 85 Deb 8s Jan 1 '30 op 1911_J&J 86 92 Ft W Van Wert & Lima Tree— 82 JaCkS011V(Fla)Ga8 sf 5s'42 MD 85 Consum L H & P Co (Elie, N J) let M g 5s 1930 guar .....J & J 30 50 Jacksonville Tractionlie 1938 J&D 90 Ft Wayne (ic Wabash Val Tree .. 1st con 55 Mai '31 opt__ M&S 82 77 Consumers' Power Co (Mich)— 1st cons g 58 1931. •..... M & 32 37 Jackson,- El 5,3'27 opt__ MAN 90 85 let & ref g 3s 1936 op 'Iti_J&J 88% 90 Ft Worth Pow Sr L 58 '31_ F&A 89 92 Jar City Hob & Pat—See Public Service Corp Continental Gas & Electric42d St M & St N Av—See Third Ave fly Johnstown (Pa) Pass Ely— 1st lien coil tr 5s 1927__M&N 90 82 Frankf Tacony & Hoimesb Ely— 70 Rfg g 45 1931 80 J&D Crosstown St Ry—See Col Ity & Lt lst g 5s July 1940 85 J&J 88 Jopltn&PittsIty lst5s'30 op M&S Cross St Ry—See lot Tr (Buff) Gals' Elec Co Ist5s'40 op M&N 78 83 85 Kankakee(111)G&E 51 '30.. bl.tri 92 Cumberland Co(Me)Pow&Lt— Galveston-Houston Elec Ry83% Kane City(Mo)Gaii Sc '22_ A&O lst & ref g 5s 1942 M&S 75 85 1st Msfg 5s 1954 opt _ _A&O 77 83 88 Kan C Home Teton 5s 1923 J&J 89 Crunb'land Tel & Tel— Gae&E1 of Bergen Co 8d'49 J&D 90 Kan City KawVal & West RyDeb 3s Feb 1 1920 F&A 98 97 Gen 5s Nov 1 1954_ _ MAN 85 96 100 1st M 63 Aug 1924____P&A 1st & gen 53 1937 '94 93 J&J General G & El let 53 '32 J&J 50 60 Kansas City Light & PowerCuyahoga Telep 58 1919 101 99 J&J Gieor Row & Ips—See Bos&Nor St Ry 82 86 1st Nt 53 July 7 1944._ --J&J Dallas El Cor col tr g 59'22.A&0 90 93 Georgia Light, Power & Rye80 83 2d M es July 7 1944____J&J Dallas Gas 1st g 5s 1925 opM&N 85 90 1st lien s f g 5s 1941 opt M&S 68 74 82 K C Long Dis Tel 13s 1925_ _J&J Dan,'St Ry& L Co 3s'19-'25 J&J CentGaPow53'38 op '13M&N 78 85 Kansas City RailwaysDanville Urbana & Champ RyGeorgia Ry & Elec 3s 1932_J&J 93 96 79 83 1st M 5s July 7 1944....._J&J 1st 5s 1923 ontional____M&S, 85 90 Refg & impt g 5s '49 s f __J&J 85 90 7(3 82 2(1 M Os July 7 1941____J&J Darby Med & Ches Ry—See Phi la R Tr Atlanta Cons St 58 1939_J&J 98 63 2d M 5s July 7 1944— __J&J 55 Dayton(0)Gas 58 '30 op'15M&S 91 96 Georgia Elec Lt 5s 1930_J&J 91 95 Kan City-Western—bit refg g Dayton Ltg 1st be '37 op'12M&S 87 91 Atlanta Northern Ry Co55 1925 opt Sept 1 '10__M&S I 55 Day El L 1st 58'21op'06 92 1st guar 5s '54 op '09_ _J&J 100 103 Kansas Electric UtilitiesDayton Pow & L let 5s'41_J&D 85 88 Georgia Ity dr Power1st g 5s 1925 ___ A&O Defiance (0)G&E 58 1942M&S 82 85 1st & ref s f 5s 1934 np__A&O 82 85 94 96. Kansas G& E 1st 58 '22 op_ M&S Delaware Co & Phila—See tin P & Trail Grand Rap G L 3s 1939_ __ F&A 90 95 Keatucky Tree & Terminal — DenCTram—Purch g 59'19 A&O Grand Rap Gr Haw dr Musk Ry let & ref gu 5s '51 op'14P&A 65 75 let dr ref g 5s 1933 op s f M&N 60 56 1st g 5s July 1 1926 86 89 J&J 87 90 Lexington Ity let 58 '19_J&0 Con Tram con g 58 1933A&() Gt Falls Pow let 5$ '40 op MAN 92% Kentucky Util Os '19 A & 0 15 95 99 Denv Gas & El 1st g 8e '49 M&N 94 91 Great Lakes Power, Ltd90 Kay. Tel 1st g 58 '35 op'08_J&J 88 1st & ref 55 1951 Si 85 M&N 1st M Os 1919-1944_ MAN 95 100 90% Kluge Co E L P 1st 59'37A&0 Denver Tram Power CoGreat Northern Power— Purch money 6s g 1997.A&O 100 1st imp g gu 58'23 op '08 A&O 83 81 let M g 58 1933 op... 81% FAA 87% 90 Cony deb es 1925 M&S Denver Tramway Terminals Co Great West Pow 5s 1946 op _J&J 83 87 79% Edison El Ill 13klyu 43'39 Ml let tog gu 59 1919-'40_ _ _M&S Basis 7M% Cony deb (is 1923. 88 92 Kings Co Elev Ity—See Bklyu El ap Tr MAN Denver Union Water 58 '14.J&J 96 Greenwich Tram let 58 '31_J&J 90 Kluge Co Gas&Ill 191 55'40A&O SoPlatteCanal&Res5s'23.J&J 99 98 Hackensack Wat 4t3'52op'12J&J 67 Kinloch Lg Dist Tel 55 '29 J&J 91 93% Des Moines & Cent Ia Elec Co— Hamburg Ry—See Buff & Lake Erie Trac Kinloch Telephone es 1928.FAA 98 99 F 6s 1937 op Ser A.. M&S 88 93 Harrisburg (Pa) Light & Power'80 Knoxv 85 Gas 1st 5s'33 op'13 A&O F 5s 1937 op Ser B.. .M&S 80 35 1st & ref g be 1952 opt_ _F&A 92 Knoxville Railway & Light— Des Moines City Ry— Hart Man Jr Rock 5s 1924.A&0 100 flat dr ext 58 1946 op_ __J&D 70 Ref g 5s 1921 op 1906_ A&O Hart & Spring( 58 g 1921J&J 90 Knoxville Trac 5s 1938....A&O Gen dr ref Ss 1936 J&J Hart St Ry—let g 4s 1930_M&S 97% Kokomo Marion & W TracDetroit C Gas 5% g M'23J&J 96% Harwood El 58 '39 op'14___J&J 95 1st g 5s July 1 1933._ _J&J 88% 90 Prior lien 5s 1923 _J&J 1st & ref s f g 65 '42 op_M&S Lackawanna & Wyo Val It T Del & Sub Gas 1st 5s '28J& 89 93 Havana El cons g 33 1932.F&A 81 90% Coll It 5s 1931 93 96 FAA Detroit Edison 1st g fis '33 _ J&J 78 Helena L&Ry let 33'23 op M&S Laclede Gas g Sc May 1919-Q -F 80 99% 99' let & ref 5s July 1 '40__M&S 9-1 3 Heat Man & Fair Pass lty—See Pinta It Deb g 5s Feb 1919____F&A 99A Del United 43.s 1932 opt_J&J 72 73% Home Teiep & Teleg (Los An91 Ref & ext g lie 1934 A&O 7% coil tr notes 1923___A&O 96 97% geles Cal) 1st 58 1933_J&J 92% 98 100 96 Lacombe El let M 58'21 M&N Del Ity 1st 15s '19-'21_ J&D let refg 83 1945 87;1 95 Lake Roland Elev—See tin Rye & Elec J&J Det&Flint let g Ss '21__F&A HoughtonCo(Mich) El Light— Lake Sh Elec 1st con g 5s '23.13c.1 75 82 Del Roch Romeo & L Orion let g 53 Jan 1 1927 opt_ __J&J 83 70 89 Gen g 53 Feb 1 1933____P&A 60 let sk fd g 58 1920_ _ __J&D Houghton County Traction 90 Lot & Cloy g 54'27 op '17.J&J 80 Del Ft Wayne & Belle Islelet con g 5s 1937......_ _J&J 75 81 55 65 Sand Frem & So 5:3 1936.J&J 1st g 85 Apr 1 1928_ _ _A&O Houghton Co St 55 1920..J&J 94 98 Vol From& Noros'20op'03J &J 92 96 Del Mon & Tol Short Line Ity Hous El 58 1925 op 1910 __F& A 92 Lake St Elev ItIt—See Chic & 0 ak Pk Eleclty 96 1st M g 58 Jan 1933_._ J&J Houston L & Pow 5s 1931 A&O 88 95 Lancaster Co Ity & Light— Det&NW 4%s '21 op'11M&N Hudson Co Gas 5s g 1949_M&N 93 95 Coil tr 5s 1951 92 Jez3 95 Del & Pontiac-5s g '22_ F&A Hud Riv G&E1 let 5s '29 MAN Lansing Fuel & Gas 53'21_A&0 Cons g 4%s'26 op '11..J&D Hydraulic Pow of Niag FallsLaurentide Power, Ltd Dot & Pt Huron Shore Line— 1st & ref 58 1950 94 1st e f g 5e 1946 op 1920_J&J J&J 95 87 89% let g 50 1950 J&J Ref & Inapt 53 1951 92 93 Lehigh Power Securities CorpA&O Del & Lake St Cl 83'20_ A&O Idaho Power 1st 53 1947.._ _J&J 87 6% gold notes 1927____ F&A 89 78% 773. Det Ypell Ann Arbor & Jack— Illinois Central TractionLehigh Valley Transit— let g de 1926 F&A 85 90 1st M cr 58 1933 op guar.J&D 80 90 let M g 35 Dec '35 opt__M&S 95 96 D Y &AA Con 6s 1024P&A 97 100 Illinois Northern Utilities Colet M g 4e Dec '35 opt__ M&S 80 82% DDEB&B RR—See Third Av Ry 1st & ref g 5s 1957 opt__A&O 70 80 Cons g 4s 1938.. 75 JAI) 78 Duluth Ed El 1st 5s '31 op_M&S 90 Illinois Valley RyRef & impt a 313 1960_ _ _ _J&I) 80 81% Duluth Superior Traction Co— 1st s f g guar 5s 1935.._ _ M&S 83 89 Coll tr as 1923 93 95 J&J Duluth St Ry 1st g 5s'30M&N n 75 85 Indiana Columbus & E Trac— Lewiston Augusta dr Watery— Duquesne Trac—See Phila Co— Gen & ref g 5s '26 op'11.M&N 60 65 let & ref g 58, 1937 op_ _A&O N _ ys k 130% Eastern Pa Rye 1st 5s 1936 J&J 55 63 Col Lon & Spring( bs '20.ASrO Lexington Ave dr Pay For—See E Chic &Ind HarWat 58'27_A&0 Indiana Ltg 4s 1958 op__ F&A 70 75 Lax & Bost let g 43s '20_ A&O East Pa G & El 1st 58 42_J&D Indiana & Mich El 5s 1957_ FAA 82 87 Lexington (Kg) Ity—See Kg Tr & Term East St Louis (Ills) Lt & PowIndiana Nat Gas dr 0—See Poop les G L & Coke Lincoln G & EL 1st lis 1941 MD 1st 81 1940 J&D 85 90 Indiana Union TractionLindell Ity—See United Rye (St Lo ule) last St Louis & Suburban Co— 1st g Se July 1 '33 op '08.A&0 62 75 Little Rock Gas & Fuel— Coil trust g 3s 1932 opt_ A&O 67 Indiana Nor 1st g 5s'33_A&O 75 Ref Os Nov 1937 93 97 MAN Cony Os Jan 1 1919 J&J Mime & tin Cy gu 33'36°0.10 Little Rock Ry & Elec— ILIten Granite & St L TracIndianan Columbus & Sou TrSs let 1933 89% g op 1908_ __ A&O 1st cons g 5s 1944&A 70 1st M g Sc Feb 1 1923_ FAA 90 94 Ref & ext g 6s 1938._ ._A&O 83 Easton Cons El be 1949__M&N 90 94 Indianapolis Gas Se 1952_ _A&O 81 Lockport & Olcott Ry—See lot Trac(B uf 90 Easton Palmer & Beth St Ry Indianan & Green Rap Trani— Lorain Clew & Klee RR—See Lake Sh it let g Se Dec 31 1918__J&J 99 100 let g 5s Jan 1 1929 94 Los Angeles Gas & El Corp— 100 J&J Economy Lt & Pow (Joliet, Ill)_ Indianan L Sc H 35 1940__A&O 91 85 let & ref g 58 1039 opt__M&S 90 Mat Ms fg Se 1956 92 J&D 98 lodlanap dr Martinsr Rap TrLos Ang G & E 53 '34... 86 Edison Elec Ill of Boston1st g 5s 1932 opt 90 95 J&J Los Ang Ltg be Apr11'24 A&C) 91% 6% gold notes 1919 ____J&D 99% 100% Indianapolis Northern—See Uul on Tr o f Ind Los Aug Pac Co—See Pac El Ity 7% gold notes 1922 ' F&A 101% 102% Indianapolis & Northwest TrLos Angeles & Pasadena—See Pac El cc Ry. Edison Elec Co (Lancaster) .— 1st g 5s 1923 opt M&S 86 Los Angeles Ry Corp— 92 Refund 5s 1943 F&A 91% 93% Indianapolis & Southeast Trac let & ref s f g 5s, 1940_ J&D 72 Edison Elec Co of Los Angeleslet M g 5s 1933 J&J 85 Los Ang Ry tis g 1938__A&O 87% 1st & ref g 58 1922 op'07 M&S 94% 95% (nd'p Shelby,- Jr Southeast let Los Ang Trac let g 5s'38J&() Edison Lt & Pow (8 F)68'21Q-F 101 s f g 3s Jan 1 1932 J&J Louisville 90 94 Gas & Electric Eighth Ave RR—See N Y Ryy Indianapolis Trac & Term Co— 1st & ref 7s 1923 J&D 100 101 Elec & Poop—See Phila Rap Tr let s f g 3s Jan 1 1933_ __ A&O 87% 7% gold notes 1920 90 M&S 95% 99 Electrical Securities Corp— Indlanap St gee 45 1933.._ J&J 77 Louts, Home Teton Se '22..J&J 91% 93 Coll tr g $ f 13s 1933 opt__F&A 90 95 Citizens St con 55 g '33_ M&N Louleville Ltg 5s'53 unitpd A&O 85 95 89 93 Loulsv & Nor Ity A I .igi'25JAcD _ I This wive includes accrued interest. 1 Last sale n Nominal. a sale price. JAN., 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. Bid. Bonds. Ask. Northern Texas Electric Co83 93 94 Nassau & Suff Ltg 5s '45....P&A Louisy Ry con M 5e g'30___J&J 83 85 Coll tr 5 f g 5s 1940 opt __J&J 80 Nat L H & P 5s '19 Ser B __J&J ----M&S 2d mtge 430 1940 Northern Texas Traction Co8234 83% Coll trust 58 1920 Ser C__J&D F&A Gen M 5s 1950 91 85 6-75 g 55 1933 opt 1913___J&J Cent Ind Ltg 5s 1927_ M&N Louisville Water-See under Lo utsville, p. 50 Nor Westch Ltg 55 1955.. __J&D 85 75 CityG&E(Paris,I11)55'35 A&O Low Law & Hay-See Bos&Nor St Ry North Hud Co Ry-See Public Service Corp 75 Jerseyville Ill 5s, 1935__F&A 65 Luzerne Co(Pa)Gas & ElecNorth Hudson Lt, II & P Co 90 National Properties Co84 1st ref&imp g 5s'48op'13 A&O 90 (Hoboken, N J)5s 1938_A&O 90 Coll tr 4-434-530 1946 _J&J 80 Lykens Val L & P Os 1945_ M&S 90 North Jer St Ry-See Pub Serv Corp 95 Nevada-Calif Elec Os 1946.J&J Lynn & Bost RR-See Bos & N Or 92 North Shore Electric Co96 Nevada-Cal Pow (is 1927_A&O Macon Railway & Light Co96 93 113 1st g Os 1922 op 1912_ _A&O 85 Newark Gas Os Apr 1 1944_Q-J 110 80 1st cons g 58 '53 opt '08...J&J 88 82 1st & ref g 5s '40 op '20A&O 92 95 Newark Cons Gas con Ss'48J&D Madison Co (Ills) Lt & PowerCo of Illinois rv Corp North Shore Gas 90 Newark Pass Ry-See Public Se 84 J&D 1st g 55 1936 85% 82% FAA 1st g 56 1937 opt New Bed Mtddleb & Brock-See Old Col St Ry Madison(Wie)G&E g 6s'26 A&O 8734 North Texas Gas Co92 95 New Bedf & Onset 1st 59'22.J&J MadRtyPow lst58'35gu op_ F&A 92 97% A.St0 1st (is 1919-1932 New Brunswick(Can)Pow CoMahoning & Shenaugo Ry& L87 Northwestern Elevated (Chicl82 1st M 5s 19:37_ 93% 9534 M&S Penn & Mah Val 5s '22_ M&N 70% 1st M 5s 1941 opt__ M&S New England Elec Securities Youngst Shar Ry&L5s'31 J&J 60 80 Union El (Loop) 5s g'45_A&O 83 1st coil tr 5s Jan 3 1932_ _J&J3 Manchester(NH) Tr L & Pow99 - Northwestern Pennsylvania Ry 90 98 New Eng Tel & Tel 5s 1919.. A&O 1st cons 13e 1921 A&O 75 M&S 86 lit g 5s 1941 80 4s Jan 1930.. 75 J&J Manhattan El con 4s g'90_A&O 3 Northwest Gas L&Coke (Cate) 93 93% 81 5s gold Oct 1 1932_____A&O Stamped tax-exempt 93% 903% 92 Cons g Os Dec 1 1928.....Q-M 74% N H & Centrev 1st 5s g'33..MAES J&D 2d g 43 2013 873% 80 91 Cicero Gas gen&ref 55 '32 Mei 93 New Haven Wat 430 1962.J&J Manila Elec RR & Ltg CorpNorwich(Ct)Gas&E g 58'27 J&J 75 80 N J & Mid Riv Ry & Ferry1st lien & col tr g 5s '53_ M&S 92 Norwich St Ry 1st g 5s '23 Ah0 1st gold 49 1950 opt____Al&S filanilaSub R.ysIst 58 1946_M&S 80 85 Oakland Traction CoN J Pow & L 58 19313 F&A Mfrs Light & Heat (Pittsb)30 37% 94 Gen con 5s Jan 18 '35__J&J18 New London G&E 55 '27__ A&O Mort & coil tr g Os'19-'20A&O 8 38 92 96 97 Oakl Trac cons 5s 1933_ J&J 2d M 5s 1929 ...._A&O Man'trs Wat (Pa) 5s 1939_J&D 6234 88 Oak Trau 1st con s f 54'32 J&J Consol de refg 5s 1933 ___J&J Market St Elev Pass Ry-See Phila R Tran 71 96% 105- Oak Trau 1st con g 58'31_7&.1 New Milford Pow 1st 5s'32 F&A Market St Ry (San Fran)-See United RRs 85 MAN Ogden Gas 55 1945 New Orleans Ry & Light CoMaryland Electric Rys60 91356V,, Olaio Telephone State 92 Gen M 430 g 1933. 1st s f g guar 5s 1931 red_A&O J&J 90 86 41 &N J 54 Cons & ref s f 4s-5e '44__JA 50 Ref&gen5s.490p'19serA M&N Bait & Ann S L 13s 1946_F&A 100 97 Cony 7s 1922 Penn tax exempt Massachusetts Electric CosOklahoma Gas & Electric75 Deb g gu 6s 1918 opt_ _J&D Col tr 6% notes 1918_ ..A&O f 70 91 88 93 92 1st Mg 5s '29 op aft'14..A&O Canal dc Clef!) 1st 6s '46.M&N 100 Massachusetts Gas 430'29_J&J 91 85% OklahoinaNat Gas Ser Os__ M&S • 86 I N 0 Cy RR-Gen g 50'4:3J&J Deb g 430 Dec 1931____J&J 100 Oklahoma RyNO Cy & Lake 5s 1943.J&J McGavock & Mt Vernon-See Nash it y & Lt I 85 79 90 1st & ref g 5s '41 opt '21__J&J 80 NO&Carroll con5sFeb'33.J&J Memphis St Ry con g 5s'45_J&J 83 Old Colony Gas let 5s 1931 JAB Edison El 1st 58,1929__J&J Merch Ht & Lt (Indianapolis)60 50 Old Colony St Ry ref 45'54_J&J 92 94 N 0Pow-House Co 5s'41.J&J Ref g 5s Oct 1 1922 optA&O Omaha & Council Bluffs StRySt Charles St 1st g 4s'52_ _J&J Metropolitan 1113.-See Wash Ry dc Else 82 75 J&J let consol g 53 1928_ Newp News & Hamp Ry, G & E Met St Ry-See N Y Rys 80 5s 1944 Omaha & Coun Bluffs Ry & Br 1st & ref J&J 68 Metropolitan West Side "L" 82 75 55 1st cons g Os Jan 1 1928__J&J 56 Newp'EN'ews&Old Pt Ry & El 1st gold 4s 1938 F& A 92 88 88 56% 50 1st g 5s Nov 1 1938._M& N Omaha EL&P 58'33 op '08_J&J Exton gold 4s 1938_ ____J&J 90 88 57 Ontario Pow Os'43 op to'13P&A Gen g Os Mar 1 1941._M&S _ Mexican El L 1st M g 55'35 Hz.) / 55 _,„ 95 97% yn R 1910__J&J T 50 60. opt New Deb 1921 W'msburgh & g 6s Flatbush-lbee um Mex Lt & Pow 1st 5s'33 et RIcA N Y Gas Else L H & P Co- I Ontario Transmission Co, LtdMich City G&E 5s'37 op'10J&J 95 904 91 1st g 55 Dec 1 1948 1st gu g Os '45 op bef'113_M&N Michigan Light 1st 5s 1946_M&S J&D 72% 3 75 Pur mon col tr 49 1949 F&A Orange & Passaic Val Ry-SeeP ub Sere Corp 77 Michigan Nor Pow 1st 5s'41J&J 90 Ed El Ill, N Y,con g 5e'95.1r&J 100 85 Mich Ry 6% notes 1919 _J&D Oregon Electric Ry75 70 90 88% MA N Central Un Gas 5s g 1927J&J 1st g 51 1933 opt ____ 95 Mich State Telep-513 1924.F&A - -1 103 Oro Elec Corp 1st 6s'51 op A&O 97 Equitable Gas 5s 1932._ _M&S Michigan United Rys84 87 Ottawa Elec 1st g 55 1933__J&D New Amster Gas 5s 1948..J&J lst & ref gold 5s 1938 ...M&N 87 90 95 NY&ER Gas 1st g 55'44_J&J 93 Ottumwa (Iowa) Ry& LightJack & Bat Crk 1st Sq '23_J&J 90 94 85 90 Con 5s 1945_ 1st & ref g 5s 1924_ Jack Cons Tr 55 1934.. M&N J&J 98 93 64 68 Ottum Tr & L 1st '21_ Aj I Mich Traction 1st 5s '21_J&J NY&Westch Ltg 45 2004_J&J 73 80 Pacific Coast PowerMich Trac Ext 1st 5s '23_J&J Deb g 55 10134 op guar_J&J 90 85 90 1st M g Os 1940 op 1915_,M&S Middlesex & Boston St RyNorth Un Gas Os 1927_M&N 95 77 80 90 95 Pacific Elec Ry g 55 1942....1,30 Standard G L 58 1930_ _M&N 1st dr ref g 430 1932 opt J&J 80 Co Angeles Pacific 90 N Y Los West U (is Jan 1 Municipal Ry Middle Corp'25A&O 65 62 75 1st M 5s 1966 1st ref g 4s 1950 opt'15_J&J MIllyale Etua & Sharps-See P hila Co J&J 78 97 9734 NY & N J Telep 5s g 1920.M&N L A-Pac RR con 59'31 A&O Mil El Ry & Lt-5,3 1926_ _F&A 7434 82 84 N Y & Pa Teiep & Teieg CoLA Pa RR Cal 5s '43_ M&S Ref & ext 430 g '31 opt__J&J 82 90 81 1st gold 55 Feb 1 1926_ F&A Los Ang & Pas 5s g 1928 _J&J n 70 Gen de ref g 58 1951 opt__J&D 87% 88 75 Gen S Fd g 4s Nov '29__M&N Pacific Gas & El ref 54 '42_J&J Milw Light, Heat & Trac90 1st g 58 gu 1929 opt....M& N 93 N Y & Queens Elec Lt & PowPacific Gas & Elec (Arizona)98 93 8734 Milwaukee G L 1st 4s '27_ M&N 1st cons g 50 Aug 1 1930_F&A 1st M 8s Jan 1931_ 77 72 j-AMT Minn Anoka & Cayuna R'ge RR Pacific Gas Imp 4s Sept '30 Q NY&QueeneGas 1st Ss '34 F&A 90 1st 55 1935 93 NY& Queens Co Ry 48'46_A&O Pacific Light & Power CorpM&N 90 88 1st & ref s f g 5s 1951 op_ M&S Minneapolis Gas LightSteinway Ry-let g 6s'22.J&J 1st gen Ss Feb '30 op '14 M&S Pac L & P Co 1st 5s'42J&J New York Railways 42 Minn Gen El 1st 5s'34 op_ _J&D 92 95 Guaranteed 433% 1st R E & ref 4s '42 op'1.6_J&J 88 92 12( Pacific Pow & L 1st 5s '30..F&A Minneap St RYS-See TwinCity Rapid Transit Adj Inc g 5s Jan 194 ...A&O f 12 75 Mississippi Riv Pow Ss '51_J&J 77 Pacific Teleph & TelegraphBleeck St & FF let 48'50_J&J 94% 9431 leit&col tr s f g 55'37 op'22.J&J Mississippi Valley Gas & Else77 Bway&7th Av Cons 5s'43J&D 843% 70 85 100 Paducah T&L col tr g65'36 MA N 87 95 Coll tr 55 May 1922 opt_M&N Bway Surf RR 1st 58 '24_J&J 80 75 90 Parr Shoals Pow 5s 1952__ A&O Mississippi Valley Ry&PowerCenCrosstowa 1st 6s'22.M&N n 80 Paterson Ry-See Pub Ser Corp 1st & ref 5s 1945 J&J Chrls&lOth St Ist4s'18A&O 70 Paterson & PaSsatc Gas & Elec Missouri Edison El 58 '27_ P&A Col & 9th Av 1st Os'93__M&S 90 Consol g 5e 1949_M&S Mo El Lt Os May 1921__Q-M Eighth Av cert Ind Os'19.P&A 100 80 85 80 74 - Pawtucket Gas 4s 1932__M&N 85 Mobile Elec as '46 op '10_M&N LexAv&P Fy 1st 55 g'93.M&S 92 85 00 Mobile Gas 1st Ss 1924_ J&J 4 Peekskill Lt & RR-5e'30-A&O SecondAv con 5s g'48 gii.P&A I 23i 90 86 90 92 4 Pennsylvania Ltg 55 1940 __J&J Mob Lt & RR-lst g5e'37-1&D Trust Co ctfs of deposit__ f 2% 90 91 Cons g 5s 1941 Penn & Mah Vail-See Man & Shen R y & Lt M&S South Ferry 1st 58 1919_ A&O 90 91 Monongahela L&P 58 '49_ _ -- Penn Wat & Pow s t 53 '40.J&J Tar W P & Mam 5s g '28M&S 90 86 Monongahela St Ry-See Phila Co Penn Public Serv 5s 1962. F&A Third Ave-See under "T." 78 85 Monongahela Valley TractionPensacola El Co 1st 5e '31_F&A 34th St CIOSSt 1st 5e '96_ A&O 81 85 1st M R 5s 1942 not '22__J&T) 65 -- People's G L & Coke, Chicago55 23d St. Ry. Os 1962.____J&J 98 Gen mtge 7s 1923 100 J&J N Y & Rich Gas 5s 1021 _M&N 1st con g 68 1943 ___ A&O 101 83 76 Montana PowerRefunding gold 55 1947..M&S NY&Stamf-lst g 55 '31 _A&O 92% 92% lst & ref f 55 1943op'18_J&J Chic G L & C 1st 55 '37__J&J let&ref g4s'58op af'14guM&N 95 Consum Gas 1st g 5s'36 JAB Montreal Lt, Ht & Power CoNew York State Rys87 62 Ind Nat GAO g 5s'36gu MAN lethcol tr g 430'32 op'12 J&J 1st con g 430 '62 op '13M&N 81 75 86 89 Mutual Fuel Gas g 5s'47 M& N N Y & Suburban Gas-See West chaster Light'g Gold 55 1933 op 1913_ A&O 903% People's Trac -See Phila R r 89 NY Tel 1st 430'39 tax ex.M&N Montreal Tramways & Power- • 91 Peoria Bloom & Champ TracCoil tr 6% g notes 1919 _A&O 96 N Y Westch & Bos Ry-See St earn R Rs92 98 94 96 1st 4 guar 59 1936____ ._M& N Montreal TramwaysNiagara Falls Pow 158 1932_J&J _ 83 1st & ref g Ss 1941 opt___J&J 87 Refg & gen Os Jan 1.932_A&O 10134 1023-1 Peoria G & E 58'23 op '08_ J&J 100 90 k 97 85 Montreal St Ry 430'22_ F&A Peoria Ry Os '19 to '26 gu_F&A Niagara LH & P 1st 5s'22 M&N 93 Montville St Ry-5s 1920_ M&N Peoria Water Works CoCons h refg g 513'25 opt MAN 90 93 MAN Morris Co(N J) TractionPrior lien 55 1948 Niagara Lockport & Oat Pow60 55 MAN 1st &Pas'15 1935_ .J&D 15 1st s f g Os'54 tax-exernpM&N 9331 1st con 4s 1948_ 92 87 Morrls&Somereet Electis'40A&O A&O 99 6% cony. g notes 1920. F&A , Petersburg Gas 55 1931 Nor! tic At! Term-See VaRy&P Mt Wash St Ry-See Phila Co Philadelphia Company88 92 Muncie El L 1st 58'32 op '12.I&J Nod & Ports Tr-See Vs Ry &P 1st co 1 trust g 5s 1949__IM&S 100 86 88 Nor! Ry dr Lt 1st 5s'49__M&N 94 95 Muncie Hart & Ft Wayne PrCons mtg coil tr g 5s'51.M&N 98% 963% F&A 1st g 5s 1935 opt 1925_....J&J 96 Norfolk St 1st g 5s 1944._J&J Cony deb g 5s 1919._ 99 91M Muncie&UnCTr-See Ind Un Tr North Carolina Elec PowerCony deb g 55 1922 opt_M&N 1st s f g 5s Oct '40 op '16 A&O 90 Municipal Gas & Elec, Roch85 Ardmore St 58 1958......_ A&O 75 lst M g 430 1942 op '12..A&O Central Trac 1st 5s 1929_J&J f 75 North Carolina Pub Serv Co 87 Municipal Service Co1st & ref 5s 1934 opt____A&O Citizens' Trac 1st 5s 1927A&O 1 75 78 81 82 873-s , Salle)& Spencer 5s'45_ _KtN 73 75 S f col tr g 5sMar'42op'15M&S 87 Duquesne Trac 1st .5s '30_J&J 78 82 Muskegon Tr.& Lg.lst 1931M&S Fed St & P V Ss May 1 '42J&J I North Cal Pow 55 1932..._J&D 95 Muskogee Electric TractionFt Pitt Trac 1st 59 1935_J&D R & cons s f 5s '48 op '15 J&D -'7 Y1st s f gold 58 1934_ _ __M&N ,Nor Canada Pow 69 1928-J&J 88 , Wily Et& Sh 5s'23_ ..M&N Muskogee(Okla) Gas & ElecMonong St Ry 5s g 1928.J&D INorthern Illinois Lt & Trac90 1st & ref 55 1926 op '09__J&D Wilk&EPIt 1st g5s'29 M&S 05 1 1st M gold 55 1923 guar_ _J&J 87 933% Nashville Railway & Light, Mount Washington St RyNorthern Ohio Trad & Light65 89% 80 1st & coil tr gu 5s 1933.A&O Cons g fis 1953 opt 1908._J&J 95 85 1st consol g 58 1933 Jea 75 80 ' Pitts dilleg A Al gets 56'30A&O Ref and ext gold 55 1958..J&J 75 69 74 1st consol g 4s 1933 .134.1 93 1929_ M& N 863% Pitts & Bir Tr 5s g 83 Nashville St Ry 58 1925_13a 96 ist I & ref 59 1956_ F&A 100 99 102 B & A. Trac 68 1931.M&S Edgefield St cons (is 1920.J&J Serial7s 1919-1928 J&D 95 100 Brownsv Ave 5s 1928_F&A McGavock & Mt Vernon95 Nor Ohio con g 58 1919._J&J 104 80 85 W Liberty 1st g 5s '30-J&J North Ont L &P 6s Apr '31_J&J Summer St IstM 68126_J&J 100 50 60 • Pitts At Charleroi Os '32_ MAN 2d series 6s July 1937__J&J 100 107 Northern States Power Co75 91 Pitti Trac 1st 5s 1927__A&O Nashville Water 4e 1928._..J&J b 4 80 4.70% 90% 1st & ref Os 1941 A&O 96 4)['racist teal' tr g 5,3'30 fe0:1 Nassau El RR-See Bklyn Rao Tr 6% notes 192(3 ____ _ &AK) 93 vnif Kci ",-). 95 96 Nassau Lt & Pow 1st fis'27 AN() _---7% notes 1923_____........... 'This price Includes accrued int. kLast sale. n Nominal. In London. a Sale price. min. Minimum prices established on Montreal an I Toronto stock exchanges. ZO GENERAL QUOTATIONS—PUBLIC UTILITIES 42 [VOL. los. NOTICE.—All bond prices are "and interest" except where marked "1" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. , Bid. Ask. Philadelphia Co. (Concluded)— St Joseph Gas—let 5e 1937..J&J Steinway Ry—See N Y & Qu Co Ry United Traction /Se 1997_J&J I St Joseph Ry Lt Heat & Pow— Suburban Gas Co of Phila75 83 West End Trac con 5e'38.J&J let g be Nov 1 1937____M&N 92 let if g 5sApr 1'52op'07_A&O 92 96 Philadelphia Electric— St Louie RR—See Un Rys(StL) Superior Water Light & Pow — 94 943i St Louis Springf & Peoria RRM&N 70 A&O lst M 521968 1st 4s May 1931 70 Syracuse Gas g 5s 1946____J&J 92 65 6% gold notes 1920____F&A 99% let & ref gu g 5s '39 op__J&D 95 99 90 95 Philadelphia Rapid Transit— Syracuse Lake Shore & NorSt Louis & Springf 58'33_ J&D 88 90 90 95 1st M g 50 '47 opt '17_M&N Spring & N E Tr 5e 1936 J&D Coll tr g 15e 1957 opt s f__F&A 82 85% f guar g 15s '62 opt'17_M&S Syracuse Light g Se g 1951.J&D 85 St L & Sub Ry—See Un Rye (St L) Syrac L & P coil tr Sc '54__J&J 75% Darby Media & Ches St RySt L Tran—See Un Rye (St L) 713 82 88 1st 4%s '36 opt '16 gu_J&J 91 St Paul City Ry—See Twin City R T Syrac Rap Tr let g 15e 1946..M&S J&J 78 2d mtge g Ils 1930 Market Street Elev Pass RySt Paul Gas Light84 90 86 85 M&N 84 1st g gu 4s 1955 M&S Tacoma Ry & P—See Puget Sou nd Elec Gen gold 5s 1944 80 90 Union Traction— Tacoma Wat Sup let 55 '25.J&J St Petersb (Fla) Ltg (Ss'45_J&D 71 72 Salisbury & Spencer—See No Ca r Pub S erv Tampa Electric CoElse & Peo 4s tr ctfe'45A&O 90' 88 93 94 87 Hest Man & F 5e 1924 M&N lot M g 5s 1933 s f op...J&D 90 SalmonRivPow gu 5a'52 opF&A 93 90 95 85 J & D Tampa Gas 5e 1937 opt_M&N People's Traction Co— Lake Term 6s 1935 Salt 80 San Antonio GAB bs '49 _M&S n 84 90 75 P P Ry tr ctfs 49'43 P&A Tar W P1 & Ma Ry—See N Y Rys 60 82% W Phil Pass 2d Bs'26.M&N 95 100 San Antonio Water SupplyVenn Pow gu be 1962 opt_M&N 89 Tenn Water lot 53 1948.. _M&S 78 80 Philadelphia Suburban Gas & El 1st &ref of Ss '33 op'13.F&A n 85 90 lit M de ref g 58'60 op'15.F&A 92 San Diego Consol Gas & Elec— Terre Haute Indianan & East85 90 Phil* dr West Chester Tr— 1st & ref s f g Ss '45 op_ A&O let g 5e 1939 opt 1914__M&S 91 Mtge gold 4e 1954 Jdr D 95 Terre Haute Trac & Light— J&J Deb 6s 1922 Philadelphia & Western Ry85 89 Sand Frem dr So Ry—See Lake Sh El lip let con M g 5s 1944____M&N 91 90 95 1st g 5e July 1 1960____J&J 84 96 San Fran GAB 4%s 1933_M&N Terre Haute E1-5s '29 ..J&J 863 95 Pitts Alleg & Man—See PhilaCo 90 Texarkana G & E 5s '30.... .T &J Not callable 89 86 Pitts & Birm Tr—See Phila Co Texas Pow & Lt let 55'37_J&D San Fran Oak & San Jose Con— 100 Pitts & Charleroi—See Phila Co Texas Public Service 68'33_J&J 98 Con Se May 19 1938__M&N19 P McK&Con—See W Penn Rye 55 Tex Trac—let a f g 53137opt J&J IP 0 & S J Ry let 5a '33_J&J 39 Third Avenue Ry (N Y)— Pitts Trac—See Phila. Co 2dMgSol933et J&J Portland (Me)El 5e '26 optF&A n 87 57 00 San Joaquin Lt & Pow Corp— 51 let ref g 4s 1960 op aft '14 J&J Portland (Ore) Gas & Coke— litdrref g 6s'50 Ser A op_F&A 98% 993i Adjinc g 5s Jan 1960 op_A&O 1 28 29M lit & ref g Eis '40 opt '20_J&J 85 90 95 98 96 150 Series C Third Ay RR let 5s g '37_J&J Portland Gas let Si 1951 P&A San Joaquin Light & Power— Dry Deck E Bway &Batt'y ,50 Portland (Me)RR— 92 1st /Se gold 1932_-J&D let Se 1945 op aft '10_ _J&D 65 60 lit con 33.e 1951 op '31_150 812 New ref m Ser C income..__ 65 Santiago (Cuba) Elec L & Tr85 let 1 & con m 5e 1945__M&N n 83 80 85 1st g as 1959 opt'19J&J 42nd St M & St N let Os '1 0 Portland Ry Lt dc PowerSao Paulo Tram L dr P,LtdExt at 5% to 1940_ Al&S k 80 70 1st & ref e f Se 1942 op__ FdrA 55 65 let g Sc June 1 1929._ _J&D Sou Boulev g Se 1945.......J&J 74 82 85 Savannah Elec Co 5s g '52_J&J 55 60 PoitI'd Ry ref be '30 op_M&N 28th&29th St5s'96 ctfs A&O I 70 79 City dr Sub con 4s '30_J&D 80 Sayre (N Y)Elec So 1947__A&O Union Ry let 5sig 1942 _F&A 85 Port Gen Elec let fie '35_J&J 60 80 Schenectady Railway CoWestchester El let 5s g'43,T&J Portland (Me) Water 4e'27F&A n 90 70 88 85 93 Yonkers Ry let be 1948_A&O 85 let M 5s 1946 op '19...._M&S Porto Rico Rye, Ltd— Schuyik Trac—lst 5s 1943 A&O Thirty-fourth St Croestown—S es N Y Rys. lst g Si Nov 1 1936 op_ M&N 92 80 Scioto Vail Tr let as 1923 M&S 96 Tide Water Power90 94 Scranton Elec 5e '37 opt '12.J&J Porto Rico Telep 63 1942 * F&A 91 94 98 98 Gen M 65 1920 96% Potomac El Pow Ss '29 op_JdrD 80 Scranton Ry—let So Nov'32J&J 85 Toledo Bowl Green & Southern 95 Cons M g 5s 1938 guar__J&J 85 90 M&N 67% Gen g 5e 1920 opt M&N let g 5s May 1 1921_ 96 Deb gold as 1925 96 J&J 93 98 Tol Frem & Nor St Ry—See Lak e Sh El Ry 99 &ran Trac let 68 g '32_M&N Gen mtge 6s 1923 50 97( 97% Scran de Carb Tr let Os'23J&J 60 J&J 93 93 Tol G E & H con let g8s'35 A&O 90 Prescott G OC El let 6s '40_ _J&J 87 95 95 Toledo Home Telep Se 1922.J&J 95 Seattle Elec 1st g Se '30 op FAA 85 Prom Secur.—see Steam R.R's. 82% 90 Tol.& Indiana let 13e 1931_J&J n 90 95 Con de refg s f 5s 1929___F&A 80 82% Public L dr Pow 1st 5e 1945F&A Seattle Ry Se 1921 opt_ _M&N 95 97 Toledo Trac Light & PowerJ&J 98% 100 Public Service Co of Nor El— 1st lien 70 1920 Seattle-Everett Traction87 ba & ref g5s 1956 op'21_A&O J&J 100 88 105 83 77 2nd lien cony 7e 1921 let M g 5e 1939 op '14__M&S 33 40 Public Service Corp of N J— 87 92 Tol & West Ry let g 15e '26_J&J Seattle Ltg let 53'44 op 10_M&S 87 92 Trust eerie 6% perpet__M&N 80 85 Ref g 15e 1949 opt 1914__Adr0 Topeka Edison Sc Sept '30_,J&J 90 98 3% notes 1919 92 Topeka Ry-5s'30 op '15__J&J M&S 99 Second Ave—See N Y Rys 78% Gen g 55 Oct 1 1959 op A&O 80 Second Ave Trac—See Phila Co Toronto Ry 4%e '19 -'21__F&A 90 91 Camden Sub let 5s 1946_J&J 98 Trenton G & El g 5e 1949__M&S 97 90 95 Seneca Power Corp 60'46_ M&S 70 90 Cons Trac let 5s 1933__J&D 85 Trent St Ry—con g 5s '38 __J&J 93 Sharon & New Castle Ry— Elie Plain!& Cent Jer Ry— J let g 5s guar 1931 Trent Pass 6s Sept30'31 Adr0 100 lit g 55 Dee 1 1950___J&D 77 Shawinigan Water & PowerTr -City Ry dr Light77 Elizabeth & Trent 5e'62 A&O 83 6% con g notes Dec 15'19 J&D 102X 103M A&O Coll tr a f g 5s 1923 953. I C Hob dr Pat 4s 1949_M&N 60 65 Shrevep Rys—lst 5s '19-'44J&J 87 90 91 let dr ref g 5s 1930 opt__J&J Newark Pass con be '30_ _J&J 92 95 Sierra & San Francisco Power— Troy City Ry—See Un Tr (Alb) Newark Term Ry Bs'55_J&D 90 P&A 100 let g 15s 1949 opt 101 FAA 80 85 Troy Gas 2d Os 1923 N Hud Co Ry cons /Ss'28_J&J 90 100 Sioux City Service 00101 Conseil /Ss 1939 2d /Se ext to 1924__ _M&N 85 1st & ref s f g be '28 op___J&J e& RN y 28th & 29th Ste—See 3d AvM Nor Jer St Ry 4s 1948_M&N 62 65 Sioux City Tr lot 5s 1919 J&J 23d St Ry—See N Y Rye Or & Pass Val 1st 5s '38_J&D 85 Somerset Un & Middlesex Ltg— Twin City Rapid Transit CoPaterson Ry—Con6sg'31J&D 100 99% Mtge g 48 Dec 1 1943_ _J&D 60 Minn St R con Se '19 J&J15 2d 68'14 ext 5% to'44A&O 98 So Bend dr Mishawaka Gas— St Paul Cy—let g 60 '32_ A&O R Tr St Ry let M Sc g'21Adr0 95 1934 ...._..A&O Cons g 5a 1926 opt 1908_ J&J 85 95 6s g let cons Riverside Trac 50 1980_J&D 77 South Carolina Lt Pow & RyCable con 5s g 1937 _J&J15 So Jersey Gas El dr Trac— J&J 85. 1st s f g 5s 1937 opt____M&N 75 Guar g 5s 1937 Guar g 5e Mch 1 1953 M&S 85 88 South Coy & Cin St Ry-See Gin New & Coy Ry Minn & St P Sub Ss '24M&S Pueblo dr Sub Tr dc LtgSouth Ferry—See N Y Rye Minn St & St Paul City— 1st i t Se 1922 93 92 A&O 98 South Jer GE & T—See Pub Ser Corp 94 Cons guar g5s 1928—A&O Puget Sound Power Co— South Sh & Bos St Ry—See Old Colony St Ry Twin City Telep 55 1926 -...J&J lit g gu 5e 1933 opt__ __J&D 85 90 So Side El 44s 1924 op '10_J&J 79 A Twin States Gas & BlocPuget Sound Tr L & Pow86 Sou Yuba Wat—Con 60'23.J&J 103 let & ref 5s Oct 1953___A&O 80 7% s f g notes 1921_ _ _J&D 98 Underground Elec Ry of London 993i Southern Bell Telep & TelegJ&J Puget Sound Electric Ry— 763-i 1st e f g 5e 1941 op '16___J&J 03% 95 4%s Jan 1 1933 let consol g So '32 op_ P&A 77 84 Sou B'vard—See Third Ave Ry 623' Income 6s Jan 1 1948 Tacoma Ry&P 50 '29 A&O 85 Southern California Edison— Union Depot—See United Rye St Lou is 79 Quebec Ry L H & Pow— Gen g 5s Nov 1939 opt__J&J 87 92 Union El Lt & Pow Co of St LCons g Si 1939 opt M&S J&D 60 Cony deb 6sMar15,'20 M&S15 96 100 let g els Sept 1 1932_ 90 Queens Borough (NY)Gas & El Gen & ref 2-yr 65 1919__J&J 82 Ref&ext 59'33 op aft'18_M&N 98X 99% 88 Gen M gold 5s 1952 80 South'n Counties Gas Co of Cal J&J n 75 Elev RR—See Northwest Bier Union Quincy (III) Gas Elec .1; Heat— 86 let g 5%s May '36____M&N 91% Union Ry—See Third Ave Ry let cons g Sc 1935 op'10_M&S 75 96 6% notes Dec 1919 J&D 93 Union Ry Gas dr Elec Co MO— Quincy G & E Be 1029.._M&S 90 Southern Ills Light & PowerCol tr g 55 1939 cony op J&J Racine (Wis) Water Bs'31.M&N 80 85 1st M Os 1931 op A&O J&J 94 96 5% notes 1919 Rap Tr St Ry—See Pub Ser Car Southern Light & TractionUnion Trac Co of Indiana— Heading Trac 100 102 _J&J .75 1919_ 1933J&J Coll tr g 5s 1949 opt____M&S let g 5s July Read&Wom—lst Se g '25 J&J 90 55 95 South N E Telep let 5e '48.J&D 96 Indianan North'n 5s 1932 J&J 60 Rhode Ield Sub 48 '50 J&J 60 op_J.1rJ 70 South Ohio Tr—See Chi Day & Tol Tra ct Union Utilities /Se 1944 Richmond (S I) Lt dr RR— Southern Pow 5s 1930 opt_M&S 83 92 United Elea Lt & Power, Bait— let coll tr g 4s 1952 J&J 45 55 Southern Sierras Power— let cons g 43e 1929___M&N 90 Rio de Janeiro Tram L de P— 71 let if g gu Os Sep'360p'18 J&J 90 Unit Elec Co of N J 4s'49_J&D 94 73 lot g 15e 1935 83 J&J Trac—See Mille Co Southern United Electric Securities CoRiverside Trac—See Pub Serv C orp 86 Southern Utilities 8s 1933_A&O Coll tr g 5s 1933 to 1913_F&A 83 87 90 Roanoke W W Os 1936_ ___J&J 97 Southern Wise Pow 55'38_A&0 95 United Fuel Gas Os 1936--J&J 95 97 3% notes 1919 96 A 97% Southwestern Gas & Electric— M&N United Gas & Elec CorpRock G&E 2d 43s'20op'10M&S 93% Adr0 let & rote f tis 1932 opt_ _FAA Coll tr 5 f g Os 1945 79 84 Roch Ry & Lt 5e '54 opt___J&J 82% 85 Southwestern Power & LightUnitedG&Eof NJIst5e'22...I.IrJ Tax exempt 82% 85 let lien 55 1943 J&D 83 United Gas & El(SF) 5s'32 J&J 84 Roch Ry cons Bs g 1930_A&0 91 J&J Southwest Missouri RR— United G & F 6s 1923 93 96 2d Sc g 1933 90 J&D Gen & ref 55 1931 M&S United Illum Co New Haven— Roch Syr & E let 5s 1945_M&N FAA S W Mo El /tyre!5s 1923_M&S let 45 Feb 1 1910 803 90 Rochester Telep 1st g 5s'20.J&J 95 Spokane & Inland Empire RR United Light & RyeGen 5s 1933 64 A&O 1st & ref g 5e 1926 opt_M&N 70 let dr ref g 5e 1932 op__J&D 81% 65 86% Rockford (Ill) Electric Co— Cony deb (Ss 1926M&N 85 SpringliteicWater-5e g'26.A&O 93 95 87 ld & ref s f 59'39 op"14M&S n 86 95 92 Springfield (0)Lt Ht & Power6% gold notes 1920 opt__J&J 98 Rockford de Inter-Urban Ry— 1st a C g 55 1929 op 1014_ FAA 6% g notes1920 Ser A....M&N 95 98 lit g Ifs 1922 op 1907___A&O 80 87 Gen & ref 5s 1933 Air° 95 7% notes Apr 1 1923 98% Rockford & Freeport 1st g gu Springf & N E Tr—See St L Spri ngf & P coda— United Power & Tran— Si 1923 op aft Feb '10 M&N 80 37 Springfield (I11) Ry & Lt 00Del Co & Phi tr ctfe4e'49 J&J n 50 60 Rock B & J let g Ss'30guAdr0 80 87 Coll tr g Si 1933 opt___J&D United Rys tr etre 4s '49 _J&J n 59 70 00 Rumford Falls Pow 4s Octl 1945 I Springfield (Mo)Ry & Lt CoUnited Public Utilities (Del) Rutland RyL&P 1E458'46 M&S 65 J&J 85 lst s f g 55 1926 opt_ _M&N 75 80 1st 6s 1913 87 Sacramento Elec Gas & Ry— 7% notes 1921 United RRs of San Fran— 97% 99 Cons as Nov 1 1927_M&N 95 Springfield (Ohio) Ry11927.... April __A&O 25% 40 g S1 27 Sacramento Gas 68 '19-40_A&O 91 96 let in Se 1935 M&S Un Tr Co N Y ctfs dep 22 Saginaw-Bay City Ry— 1st in 5s 1919-1935 ____M&S Basis 8%% InterchateUnTrSF&EqTr 25 let & ref g 5e 1935 AVM 82 Spring Vol Wat ref g 48'23..J&D Market St con g 5s 1924 M&S 92X 70 Saginaw Val Tr 50 1920_ P&A Standard Gas & Elec of Delaw— Unit Rys & Elec (Baltimore)St Charles St RR—See N Or Ry & L Cony s f g 68 1928 opt_J&D 76 Yi let consol g 4s 1949__ __M&S 91 933 St Clair County (Ill) Gas & El— 6% gold notes 1935____A&O Incomes g 48 1949 op '29 J&D 80 85 55 let cone guar Sc 1959 _ __M&S 70 80 7% gold notes 1921.._..M&S 98% Inc funding g 5s 1936....J&D 76 95% 77 S Basis. This price includes accrued interest. 1 Last sale. Sin London. n Nominal. a Sale price. min. Minimum prices established on Montreal and Toronto stock exchanges. I I JAN., 1919.] GENERAL QUOTATIONS-PUBLIC UTILITIES 43 defaulted bonds. NOTICR.—All bond prices are "and interest" except where marked "f" and income and Act. Par. Bid. Stocks. Ark Bid. Bonds. 93 97 100 k 92 Cleveland J&J By '33 es ref El-1st Winnipeg Unit Rys & Elec (Bait) (Cont) 100 Cleve Southw & Col Ry 92 9 Wisconsin Edison Co— 5% cony notes 1922___F&A 4 Preferred 90 90 MAN 6s 1921 deb Cony 96 95 4% cony notes 1922_F&A 29 100. ll-100 Colorado Power Wisconsin Gas & Electric— Bait Sparrows Pt & Chas93 94 100 83 Preferred 81 JAI) opt 1919_ 1952 5s lit g 91 90 1st g gu 434s 1933___P&A 43 433.( Columbia Gas & Electric_._100 100% Wisconsin Minn Light & Pow Bait'Frac Co 1st M 58'29 _ MA N 100 40 25 89 Columbia (SC) By Gas & El 100 85 100% 1st dr ref 55 1944 op '19_ MAN No Bait Div 1st es'42_J&D 100 80 65 100 Preferred Worcester &Conn Eastern RyCent Ry con M g es 1932_ MAN 100 19 15 71% Columbus By Pow & L corn_100 1st s f g 43-4o 1913J&J Ext & imp es 1932M&S 100 80 65 100 A 95 Preferred 10034 Wore Con St By 434s 1920.MAS City & Sub 1st es 1922_JAD 100 40 35 100 85 Preferred B _F&A 1st Az ref g 43-4s 1930 Lake Ro El 1st 55 '42 M&S 100 25 90 Commercial Union Teleg(gu).25 d 18 MAN Deb g es 1927 Unit Rya(Phila)—See Unit P & T 112 Co_100 111 h-Edison 94 Commonwealt Clint & Wore 1st g 35 '19-J&J United Rys of St Louts— 21 20 corn...100 L & Pow 33 Com'ith By 50 49% Worc&SotithbStRy43-4s.22MAS Gen g 4s July 1 1934.._ _J&J 43 40 100 95 Preferred Wore & Web St By es '19_JAD Cass Av & F Gds let es 1912 75 65 _100 RR_ & Bklyn Island ,Coney Yonkers Ry—See Third Ave By 91 Ext at 434% to 1922__J&J 74 100 x 70 iConnecticut Power pref York Haven Water & Power— Lindell Ry 1st g es 1911 4934 47 82 88 'Connecticut By & Lighting_100 JAD let es June 1 1951 97 exten at 434% to '21_F&A 52 49 100 75 Preferred MAN 1 2d 1924 (is May Compt HUDAM Ter es '13 108 100 P & (Balt)_ L E Gas, Cons 50 Cons M 50 May 1 1957_ MAN 95 Ext at 5% to 1923__ __J&J 90 Consolidated Gas (N Y) See under N Y City 87 York Rys—let Mg es 1937 opJ&D St Louis RR (B'way) 53 Consolidated Gas (Pitts) pf__50 d 94 Youngstown & Ohio Riverext at 04% to 1920_MAN 94 83 Cons Trac of N J—See Pub Serv Corp 1st M g es 1933 opt '15_A&O Union Dep con 68 g 1918_JAD 70 80 97 Youngu-Sharon Ry & 15—See M ah & S Ry & L Consol Water (Utica) corn._ 100 39 L & Sub let es g 1921 P&A SO 70 100 grille Zane dr 5% preferred New Col 55 LAP—See 54 Zanesv By Gang Ss Apr 1 1923 gu A&O 103 98 100 7% preferred 47 42 StLouis Trans Co581924 A&O 150 Consumers'Gas (Toronto)_ _ _50 PUBLIC UTIL STOCKS Par. United Rys Investment Co— 80 77 Consumers Pow (Mich) pref.100 69 lin lien coil tr 8 f g 5s '26 MAN T R Phila 13 Ry—See Pass Contin 11 __ 9334 _100 Power Elec, 90 Adirondack U S Pub Serv 1st 63 '27__F&A 303( 109 Lt_ & P (Me) 63 Co 100 Cumb'I'd 72 101 Preferred 99 J&J US Teleph 5s 1919 70 100 Preferred Albany Southern RR Corn..100 United Traction (Albany)— 95 87 _100 pref__ Dec & Champ !Dans. 100 82 87 Preferred MA N Deb g 4%s 1019 22 18 100 IDayton Power & Light 43 40 Allegheny Trac—See Phlia Co J&D Con g 434s 2004 81 77 100 Preferred 100 43 40 Amer Cities Co cone Tax-exempt 83.4 Dayton & Western common_ 100 234 100 85 82 Preferred_ Albany Ry con M es g '30 lic.J 50 100 20 14 100 Preferred Amer Dist Teleg (N Y)_ 85 80 J&D Oen g ei 1947 100 95 45 25 Denver Gas & Elec pref____100 100 J) Dist (N Amer Teleg 93 91 MAN '19 (is g 1st WTurn&RR 14 12 100 Ry 103 dx 93 Northwestern A 50 Denver Electric & Gas 96 Amer 91 MAN 2s g 65 1919 100 50 100 47 30 d 41 Denver Union Water 82 Preferred 80 Troy City Ry 53 g 1942_A&O 11234 100 70 1123-1 Edison 65 Detroit Jersey___100 New of Gas Amer Unit Tr (Pittsb)—See Phila Co 89 Inc 241 100 239 Detroit United Ry 86 Amer Light & Traction United Tr ,!‘ El(Prov)55'33 WAS min 30 101 99 Dominion Teleg (Canada)___30 100 85 Preferred 75 United Util 1st es '43 op '18 JAJ 35 22 100 Duluth Edison Electric 100 z 50 53 Amer Power & Light Utah Ges&Cokelstes'36 °DOA,' 100 66 80 Preferred 75 100 Preferred 78 74 Utah Lt & P cons g 48 '30-1.1a 42 min 1 d Duluth-Superior Trac Co__ _ 100 Optional warrants 1921 5 Utah Lt & Ry (Salt L City)— 100 6 d 3 , Optional warrants 1931 Preferred Cons Ry & P let es '21__JA.1 18 15 100 Duquesne Light—See Phila Co_ 89 'Amer Public Utilities 87 Utah P & L 1st Si 1944_ F&A 100 corn Rys Penn 36 Eestern 100 3934 Preferred Utah Securities Corp60 E sat Read'g El—See R'd'g Trac 00 Dividend scrip 89 70 6% notes Sept 15 1922_ M&S 16 90 50 d 11 East St Louis & Suburban _100 92 American Railways Co Utica El L & P 1st Se 1950_ J&J 100 72 70 Preferred 100 87 93 Preferred Utica Gas&EI ref&ext es '57.flicJ 17234 62 56 Edison Elec Ilium (Boston)_100 171 100 & guar. Cable Teleg Amer Utica & Mohawk Valley Ry — 100 10034 1003.( Eighth Ave RR—See N Y Rys 75 Amer Telep & Teleg 85 M&S lot g 434s 1941 fli 75 _100 pref__ 234 Securities 100 0 Electrical 100 Power 95 Appalachian Utica Belt L 1st g es'39 MAN 10 100 20 10 Electric Invest Corp 100 100 Preferred 94 .1& 2d g es 1931 55 100 234 Preferred 100 43-4 95 Arizona Power Valley CountlesPow es'30_M&I4 20 100 Elec Storage Bat—See Ind.& M !sc. Co s. 30 Preferred Ventura CoPow 1st 63'33_ MAN 20 d 70 97 Elizabeth Gas Light 95 100 91 Arkansas Val By L & P pf 90 Vermont Pow & Ltg es'27_M&S 10 3 Eliz & Tren RR—See Pub Sart Corp 78 Augusta-Aiken By & El......100 85 Virginian Pow 1st 5s 1942_ J&D 95 83 c_100 t v pf LARR1st W Elmira 15 10 100 Preferre‘l Virginia Ry & Power80 75 El Paso Elee Co common___100 X 1 Aurora Elgin dr Chicago...100 J&J 8034 1st & ref g es 1934 85 80 100 4 2 Preferred 100 80 85 Preferred Nor? & Atl Term 5s '29 M&S_ 60 52 :Empire A Bay State Teieg_ _100 Bangor By & El common...100 80 79 Nor? & Ports Tr es '36_ _ „IAD Empire DistrictElectrie_ _100 100 Preferred Wash Alexandria & Mt Vernon 73 n 63 100 9c 7c 1 Preferred 50 d Bay State Gas 75 70 MAS lot g es 1955 opt 100 95 Equitable III G L (Phila) pf_100 Bay State St Ry let pref___100 Washington Bait & Ann El— 129 110 100 Gas Essex & Hudson 130 Bell Telephone (Canada)._ _100 83 82 lett M 5s Mch 1941 op_M&S Fairm't Pk & Had Pass Ry—See Pinta R T 983-1 9934 Birm By Light Jr Power.....100 Wash'n (DC)Gas 55 1960.M&N 180 100 170 Fall River Gas Works 100 Preferred Washington-Idaho Wat L & P11 8 60 Federal Light & Trac com 100 50 GI 52 93 Blackstone Val Gas & E MAN 9434 1st g Os 1941 43 10 100 83 Preferred 82 100 Preferred 74 73 Wash By & El g 4s 1951_ _J&D 5 n 1 100 Utilities Federal s (lc Fill St Bleeck Fy—SeeNYRy 1923 .J&J dieneral 63 063j 0634 38 100 n 30 Preferred Bloomington & Normal By & Anacost & Pot es 1949_A&O _100 Tree. Ind Nor & Wayne Ft 85 93' 100 guar prof L Guaranteed 100 Preferred 6734 88 Boston Elevated RR corn- _100 x 67 F&A City & Sub 5s g 1048 43 35 Franklin Telegraph (guar).._100 100 Z 92 Preferred. 96 Metropolitan 1st es 1925 FAA 30 25 Co___100 El 41 Galveston-Houston West End Street By com_50 d 413.4 Washington Water Power Co— 60 05 100 52 Preferred 49 dx 50 9234 8% 95 es g tr Preferred coil 1929_JAJ Consol & 75 County100 I3ergen of Gas & Elec 1 95 90 Boston Suburban Elec_(no par) d 1st refg g es 1939 op____J&J 275 250 n .100 Securities. 12 & Electric Gas d par) (no Preferred & Falls No Ry— Waterloo Ced 85 80 100 Preferred 53 Boston &Worcest Elec_(no par) d let Msfg es 1940 op '15...i&J 1 50 3034 General Electric—See Ind. & M Ise. Cos (no par) d Preferred Watervliet Turnpike & RR—See Cu Tr (Alb) 100 Electric Gas & 5334 General 100 5234 Brazilian Tr L & P Ltd Westchester Elec—See 3d Avitv Cumulative preferred.....100 I 93 Biway & 7th Ave RR—See N Y Rys 8934 Westchester Lt 1st g es'50_J&D Convertible preferred__ _100 263-4' 27 100 85 90 Brooklyn Rapid Trausit N Y Sub Gas—lst ges'49M&5 11 Ry & El Co stmpd_100 107 'Georgia d 10 13 RyRR St City (Pa) Brooklyn Chester West 74 70 100 90 82 Preferred 100 3 833i Brooklyn Union Gas F&A 1st g Se Aug 7 1932 101 & Power corn...100 102 By Georgia _100 _ Electric__ Buffalo El General St—See Boston West End -.. 100 88 83 First preferred Calif Elec Generating, pref_100 West End St Ry—See Boston El 100 25 10 Second preferred 90 93 Calif Ry & Pow prior pref __ _100 Westerly L & I' 5s 1937...„J&D 100 90 _100 (guar)_ Gold & Stock Teleg 55 Calif St Cable RIt(San Fran)100 Western Light & Power— Grand Rapids By preferred.100 75 M&N 80 Camden&SubRy See P S Corp let s f es 1925 25 d 24 --,. . :Hackensack Water Canadian General Electric._100 103 Western N Y & Pa Trac— 25 d 24 Preferred I 8734 87 x '12. 100 J&J op C) 1957 D Capital Trac (Wash, lot & ref g es 44 d 42 _50 __ pref 33 :Harrisburg Lt & Pow 3:3 Carolina Pow & Light, corn AOC Western N Y Utilities— 205 _100 Light_ Electric Hartford 88 75 J&D 78 100 80 pref Cent Arkan Ry&LCorp let g 5s 1946 41 38 d _25 com_ Lt 'Hartford City Gas Cent Crosst RR—See N Y Rye W Ohio Ry—lst es 1921__MAN 42 25 d 33 103 Preferred Cent Hudson Gas A Elec_ _ _100 101 Western States Gas & ElectricHavana Elec Lt de Power_..100 85 J&D Cent PkNAER RR—See N Y R 3's 89 1st dr ref ee 1941 opt 100 107 Preferred 104 z Teleg.100 88 F&A Amer & South 91 1927 Centrai Feb notes 6% 55 45 100 20 ,Holyoke Street By 16 90 92 Central States Elec Corp ...100 Western TAT Col tr g es'32.J&J 13 62 ;Houghton County Ewe Lt___ 25 d 10 53 93 100 91 Preferred West Un Teleg Coll tr es'38 _ J&J 19 25 d 15 91 % ;141 Preferred 92 Chic Clty & Canton' part ctfs(t) Li Fdg & It EM 430 g'50.M&N 20 10 834 'Houghton County Tr com_ _100 99 (no par) d 8% Prof petite etre MutUn6a ext at 5%to'41M&N 65 60 100 Preferred 100 Northw'n gu g 434s 1934_J&J -5ii/;, ----- Chicago City Ry 95 100 85 3 ,Houston Gas & Fuel pref 1 Chicago Elevated Rys com Western United Gas & Ei— 110 116 100 Gas County 'Hudson 90 1834 94 Preferred let&ret 5s g 1919 to '50 P&A 23 2134 40 Illinets Traction common_ _100 38 Chicago Rys pante etts ser 1_ West Liberty St Ry—See Phila Co 71 10c 633,4 8 ' Preferred Sertee 2 West Penn Power25 100 15 2 ,Ilium A Power Securities 1 90 Series 3 8834 1st M es '46 op '21 SerA M&S 95 1000 83 ; 1 I Preferred J&D 98 99 A Series 4 tat M 6e 1953 Ser C 100 Lighting 'Indiana Ca Gas dr Eleetric_100 Sub Railways Chicago Penn West IIndiana Rys dc Lt common_ _100 60 50 • A&O 100 Preferred 1st g 5e Jan 1 1931 90 96 10 I Preferred Chris dr 10th Sts 11R—See N Y Rys Pitts McKees & Cowles RR _100 Traction_ Union 73% ,Indiana 89 Cincinnati Gas & Electric...100 x 72% 1st eons g es Jan 1 '31__J&J 5 4 523.4 5534 103 'Indianapolis Gas 100 x 95 Cincinnati Gas Transp West Penn Tr let tis 1960_JAD 85 Indianap & Southeast Tr pf_101., 35 Cincinnati Az Hamilton Trac.100 W Phila Paw Ry—See Phia RT 75 65 101 Co Ry St 60 Indianapolis 80 100 85 53'35M&N Ry&Lt Preferred Co Whatcom 90 85 indlaaap W W Sec, pref ____100 74 Ctrs New & Coy Lt & Trae_100 Wheeling (W Va) Klee Co— 534 65 Interboro Consol Corp y t c_- tt) tf 5 100 MAN n 85 6334 90 Preferred ld M fie 1941 opt 1 100 1834 834 50 Preferred 80 50 dx 4334 83 Cincinnati Street Ry__ __ Wheeling Trac Se g 1931_ JAJ 100 85 82 Internet Ocean Telex (guar).100 93 Cincin & Subur Bell Telep_50 dx 77 96 Wilkae-BarreG&E es'53optellila 290 International Tree (Buffalo) 10 100 287 Cities Service Wilkes-Barre & Hazleton ItR10 .....4 % preferred 81 30 100 40 Preferred 1st coil Sr g Se 1051__MAN 15 1 30 100 7% preferred 93 97 Citizens' Pass Ry—See Phil R T Wilkes & Wyo Val—es '21 A&O 6 4 it 1 preferred___ Rys Inter-State C Phila o Co Piffle Citizen Trac—See Ry—See St Pitts E & Wilkineb 20 10 Jacksonville Traction com_10C 82 J&J 90 City Pala Ry—See Reading Tr Willapa Blec (3s 1923 ii 43 10 t 75 Preferred 59 85 City By (Dayton, Ohio). _100 Williamspt Gas—lst ges'39P&A 10 10 100 Jersey Central Traction 05 _100 Preferred Wilmington (Del) Gas Co— 80 84 Cloy Palaesv & Eastern RR_100 lit & ref s f g Ss 1949 op_MAS Bonds. Ask. I d Price per sham, not per cent. Tins price Includes accrued int k Last sale. n gen:final. o Per mat OVA Purchaser auto pays accrued Itv. Ør value. s Sale price. x Ex-div. Ex-rights. (I)Without mar value. fain. Nilaircluna nrices established Montreal and Toronto stock exchanges. 44 GENERAL QUOTATIONS—PUBLIC UTILITIES EVoL. 101. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. Kentucky Securities Corp.._100 27 Northern Ohio Tr & L pref _100 88 Richmond Light & .__.._100 RR 5 15 Preferred 100 80 Nor Ontario Lt & Pow corn.100 11 15 Roch Ry & Light 5% prof_..100 65 Keystone Telephone 50 d 10 11 Preferred 100 54 58 7% preferred 102 100 Preferred 50 d 47 49 Northern States Power 100 59 62 St Jos Ry Lt lit & Pow pref.100 Kings County Elec dr Pow..100 98 100 Preferred 100 88% 90% San Joaquin Light & Pow 100 Kinloch Long Dist Telep__ 100 140 Northern Tex Elec Co corn 100 62 57 Preferred 75 100 70 Laclede Gas Light 100 83 85 Preferred 75 Savannah Electric Co 100 70 4 100 1% Preferred 100 89 Northwest Electric 100 11 Preferred 20 10 100 Lake Shore Elec common. .100 1% Preferred 214 100 80% Scioto Valley Trac com 19 23 100 First preferred 100 Northwestern Teleg (guar)_ _50 d 40 50 First preferred 10 70 6 95 100 Second preferred 100 Ohio Cities Gas 25 d 43% Preferred 00 0 a 72 10 Lancaster Co(Pa)RydcLt pref 50 d 40 42 Preferred 100 83 85 Scranton Elec_, pref Laurentide Power 100 60% 61 Ohio Fuel Supply 25 dx 453( 45% Shawinigan Water dr Power_100 115 11514 Lehigh Power Securities_ - (t) d 9 10 Ohio Gas dr Electric pref. --100 85 90 Somerset Un dr Middlesex Lt100 60 70 Lehigh Valley Transit com__ 50 d 14 Ohio State Telephone 100 29 31 South Calif Edison corn 100 82 85 Preferred 50 d 25% Preferred 92% 100 Preferred Prefe 100 97 102 Lincoln (Neb)Gas& El Lt _ -100 Ohio Traction—Common_-- 100 5 10 South dr Atlan Teleg (guar)__25 d 16 22 Little Rock Ry & Elec 100 Preferred 25 40 Southern New Eng Telep 100 100 116 118 Preferred 100 Oklahoma Natural Gas new. 25 d 30% 30% Southern Utilities 20 corn 100 Lone Star Gas 100 175 Omaha & Council Bluffs 40 50 100 Preferred_ 50 100 Louisville Home Telephone_100 102 Preferred 70 100 75 So Jer Gas El & Tr—See Publi c Servic e Corp Louisville Railway Co 100 58 Oro Electric Corp, pref_ 1100 Southwest Missouri RR__ _100 Preferred_ 100 90 Ottawa Light, Heat dr Pow_ 100 min. 69 Spokane dr ml Emp-Cap elk 100 1 Lowell Electric Light 100 145 155 Ottawa Traction_ 100 Preferred ctfs 3 100 Lowell Gas_ 100 168 175 Ottumwa(Ia)Ity & Lt pref. _100 92 95 Springfield (Mo.) Ry. & L. pref 95 85 Mahoning dr Shen Ry dr L, pref_ 84 90 Pacific Atlantic Teleg (gu)_ 25 d 14 17 Springfield(0.)L.H.& P.p ref 100 70 80 Manhat Eley Ry (N Y) 100 83% 85 Pacific Gas & Electric 43 100 45 Spring Valley Water 12 2% _15 00 d 5 Manufac Lt & Ht., Pittsb__ _50 dx 48% First preferred_ 100 86 88 Standard Gas & Elec (Dei) 14 Marconi Wireless Tel of Amer_5 d 3% 4 Second preferred (old pref)100 Preferred 50 d 3234 34% Mass Electric Companies__ _100 214 2% Pacific Gas & Elec (Ariz) pf. _100 a 80 90 Superior Water, com_100 50 L it P Preferred, stamped 100 113 12 Pacific Light Corporation_ 100 Preferred 100 75 85 Massachusetts Gas Cos____100 80 81 Preferred 100 Tampa Elec Co 100 107 110 Preferred 100 68% Pacific Telep & Teleg 100 18 22 Tennessee 2 Ry dr P L corn. 3 ..100 Massachusetts Ltg COti COM _(t3 d 7 9 Preferred 100 86 Preferred 16 100 13 Preferred 100 77 Paducah Tr Sr Light com 75 100 Terre Haute Ind East__ dr 5 _100 1 Memphis Street Ry com____100 Preferred _100 15 25 Preferred 100 Paterson & Passaic Gas & E1.100 80 90 Terre Prefer Haute Tr & IAred0 100 prof._.100 n Mexican Light dr Power___ _100 20 25 Pawtucket Gas preferred_ ..i00 70 80 Third Ave Ry (N Y) 13% 14 Mexicap Northern Power. .100 Pennsylvania Lighting corn_100 30 35 Toledo Bowling Green &So_1 00 100 Mexican Telegraph 100 150 175 Preferred 100 75 80 Toledo Home Telephone_ 100 Mexican Telep & Teleg 10 d 76c. Pennsylvania Water dr Pow_100 78 Toledo Rys & Light Co 100 Preferred 10 d 114 Pensacola Elec Co, corn 10 Toronto 100 58 Mexico Tramway 100 Preferred 70 100 Tri-City Ry & Railway Light Co....100 0 a 60 10 Michigan Light pref 100 75 80 People's0L & C (Chic) 100 49% 4834 Preferred 83% 10 0 d 80 10 Michigan State Telep pref_ _100 65 75 People's Nat Gas & Pipeage_ 25 d 30 Tri-State Telep & Teleg. Middle West Utilities 23 100 29 Phila Co (Pittsburgh) 32 Preferred 10 d Preferred 100 55 57 5 non-cum preferred 5 3 5 0 d 5 0 Troy(N Y) 140 145 Milw Elec Ry & Lt pref 100 83 88 6 0 cum preferred 32% se d 23d Street—See Gas0 N Y Railways Mississippi River Power.._._100 11 13% Allegheny Traction so TwinTwin City 40 Rapid 37 ___100 Transit Preferred 100 38 41 Citizens Traction 50 d Preferred 12 30 5 70 100 Mobile Electric egret. 100 a Duquesne Light pref_ 100 93 98 Union Natural Gas Mohawk Valley Co 50 100 60 Federal St & Pleasant Val_ 25 d UnionStRy(New Bed,Mass) 10 126 x 0 0 Monongahela Val Tr 25 d 13 15 Pittsburgh & B'ham Tr_ 50 d Union Tree of Ind corn 3 100 Preferred 25 20 United Traction preferred 50 d First preferred14 Montana Power 100 78 Phila Electric (full paid) 7214 2414 d 25 25 Second preferred 6 Preferred 100 10314 Plana Rap Tran Vol Tr Ctfs_ 50 d 2694 26% United Elec of New Jersey_ 10 80 2 80 4 Montreal L H & P Cons 87% 88 Citizens' Passenger guar_ 50 d k 273 United Electric Secur pref 100 90 100 Montreal Telegraph 40 120 Continen Pass Ry ($29 pd) 50 d k 108% United Gas & Elec Corp 3 5 100 Montreal Tramway'corn..__100 min. 150 Fairm't Pk dr Hadding'n__ 50 d k 45 First preferred 100 38 40 Montreal Tram dr Pow 23 Frankf'd dr Southwark Pass 50 d k 284 Second preferred 100 5 s Mountain States Tel dr Tel_ _100 101 102 Germantown Passenger__ 50 d s 90 United Gas dr Elea of NJ p1_100 Municipal Gas(Albany)____100 • 110 115 Green dr Coates Sts($15 pd)50 d k 117% United Gas Improvement__ _50 d 7134 72 Muskogee Gas dc Electric. .100 Hestonville M & F corn _ 50 d k 32% United UI Co of New Haven_ 100 225 235 Preferred 100 a 85 90 Preferred 50 d k 58 United Light dr Rye corn ___100 40 38 Narragansett Electric 50 dx 65 Phila Cy Pass Ry($233( Pd)50 d k 115 First preferred • Nashville Ry dr Light pref_ _100 Phil & Gray's Fy ($25 pd) 50d k 6534 United R 3% rrys of St Lou—Co_1 Lou—Corn.10 00 -7 0 _7_2___ National Light,Heat& Pow.100 2 4 Philadelphia Traction__ __ 50 d 70 71 Preferred Preferred 100 25 35 Ridge Ave Pass ($28 patd) 50 d k 200% United Rye &Elec(Balt) corn150 10 3 14 ' d 2 00 Newark Consolidated Gas._100 80 83 2d dz 3d Sts Ry guar sod s 213 United Rye Investment Co_100 734 S New Bedford Gas dr Elec..100 162% 13th & 15th Sts Pass Ry_ 50 Preferred 16 100 15 New Bedford tt Onset Ry._..100 15 Union Pass ($30 5-6 pd)__ 50 d 150 United Trao dr Elmo (Prov).100 k New England Co corn 30 100 35 Union Traction ($1734 Pd)-50 d 3834 39 United Utilities 25 100 15 First preferrei I 100 87 92% West Phila Pass guar_ 50 d Preferred k 168 100 a 85 95 Second preferred 50 55 Pine Bluff Co pref _100 Utah Securities 100 90 96 Corp 100 s 13 New England Power, pref. _100 92% 95 Pittsb & Birm Trac—See Phila Co Virginia Ry dz Power com___ 100 a 30 48 New England Tel & TeI____100 x 90 92 Pittsburgh Oil & Gas 100 8 Preferred 774 100 New Haven Gas Light 25 d 33 34 Portland (Me) Gas Light_ _50 d 50 52 Wash Bait dr Anuap so 27 d New Haven Water 50 dx 76 77 Portland (Ore) Ry Lt dr Pow— Preferred New Orl Rye & Light Co_ __100 1 New stock (75% paid). _100 Washington(D 6)Gas 2 88 d 5 35 4% 5 35 71 Preferred _100 40 Porto Rico Rye Ltd 30 100 Wash-Idaho Wet L & P p1..100 81 84 New York City—Conso Gas100 96% 99 Preferred • 100 81 Wash (D C)Ry & El corn__ 100 52 49 N Y Mutual Gas Light. .100 115 130 Providence Gas 50 d Preferred 6934 71 100 New York Railways 100 1 4 Public Service Corp of N J__100 90 93 Wash-Virginia Ry,pref 100 Bleecker St dr Fult'n F'y 100 15 Camden & Sub ($5 paid)_ 25 d Washington Water Power 60 Co100 67 Bway & 7th Ave guar___100 100 130 Consolidated Tree of N J.100 60 62 WesternOhio RR air' 100 Central Crosstown 7%___100 Elizabeth & Trent corn 50 d Western Power 100 15 17 Christopher & Tenth Sts_100 80 105 Preferred_ 50 d Preferred 100 61 63 Eighth Ave. 100 250 Rapid Transit St Ry Co__100 190 Western Rye Light & pref 100 42d St & Grand St Ferry_100 200 240 So Jersey Gas Elec & Tree 100 105 Western States Gas & Elec_ _100 95 26 Ninth Ave guar 6% 100 Public Service Co of Nor I11_100 88 92 Preferred 100 70 80 Second Ave 100 Preferred 1 100 • 90 92 Western Union Telegraph...100 86 87 Sixth Ave 100 95 110 Puget Sound Tr Lt & Pow. 100 14 19 West'house Elec & Mfg—See un der MI se Twenty-third St guar 100 200 250 Preferred 100 50 53 West Penn Power pref 90 95 100 N Y & Richmond Gas 100 is 10 20 . Quebec Ry Lt Heat & Pow__100 20 13 West Penn Rye preferred 70 80 100 N Y State Rye common. 100 10 17 Railways Company General_ 10 d 2 West Penn Tr Wat 100 & Pow 294 15 Preferred 100 40 50 Rap Tran St Ry—See Pub Serv Corp Preferred 70 100 Niagara Falls Power corn.._100 72 75 Reading Traction • 25 50 d 23 Winnipeg Electric ._100 Ry___ min. 48 Preferred 98% 100 City Passenger Ry 105 50 d 100 Wisconsin Edison common__ 100 x 30 34 Norfolk Railway & Light__ 25 d 21 22 East Reading Electric Ry_ 50 d 70 73 Wisconsin-Minn L & P, 0_100 85 92 Northampton (Mass)St Ry_100 70 Reading Transit & Lt, pref__50 dn 80 90 York (Pa) Rye common_ 50 d 734 Northern Calif Power Cons_100 23% Republic Ry & Lt cora _100 18 19% Preferred 50 d 3134 North Ohio Elec Corp, corn_(t) d 18 20 Preferred 100 55 57 Preferred 100 50 70 a Purchaser also pays accrued dividend. d Price per share, not per cent. s New stock. h Et-stock dividend. k Last sale. 1 In London n Nominal. s Sale price. u Ex-warrants. e Old stock. z Ex-dividend. y Ex-rights. t Without par value. 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 "Railroads(Steam)"and "Public Utilities." In tin 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 Miscellaneou s." NOTICE.—All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. Lisa. INDUSTRIAL & MISCEL'NE OUS B ONDS. Am Agric Cherast Ss 1928A&O 9834 9834 American Ice Securities— Acme White Lead dr Color WksCony g deb Se 1924_ __ PICA 10134 102 American Ice Co—R E let & 1st 65 July 1919 to'28 op_J&J 90 95 American Can—deb 591928P&A 93 germ s f (is '4.2 opt '13__F&A 9434 9734 Adams Exp col In g 4s '48_ht&S 62 65 Amer Cot Oil g 5s 1931 optM&N 83 Amer 8734 La France Fire Eng Inc— Col tr g 4s 1947 J&D 1 57 59 5 1 notes 1919 M&S 999/ 9938 6% gold notes 1926_ _M&N 95 Advance-Rumely deb6s'25 M&F 99 101 7% notes Sept 3 1919_ M&S 3 100% 100% Amer Malting lis 1926 J&D 95 Aetna Explosives (is Jan '45_04 82 86 Amer Graphophone Co '30.J&D 94 96 Amer Pipe & Constr Securities— Ala Steel & Shipbldg—See Tenn C I & RR. AmHidedcLeathlst g 68'19.M&S 100 Coll 9934 In g (is opt 1922 F&A 100 AlaskaGold Mlnesdeb lls'25M&S 3034 3174 Am Pipe & Fdy 68 1028___J&J Deb 6s 1926 Ser B M&S 3034 31 Am Sew Pine--Ist s f 6s'20M&S 1 90 This price includes accrued interest. 11 Last sale. n Nominal. s Sale price. I New stock. Ala. —... 99 100 JAN., 1010.1 45 INDUSTRIAL AND MISCELLANEOUS SECURITIES NOTICE.-All bond prices are "and interest" except where marked "P. and income and defaulted bonds. Bonds. Bid. Ask. Bonds. Bid. Ask. Bonds. I Bid. Ask. 74 70% Pennsylvania SteelGeneral Elee 33-s 1042 oo_PhA Amer Smelt & Refining103 99 Pa&Md Steel con g 68'25 M&S 102 Debg 5s '52 tax-ex N Y_M&S 92 1013923-i Adr0 1st M Is 1947 100% Span-Amer Iron Os 1927_J&J 100 100 96 6% gold notes 1920_ J&J 100% 101% Amer Spirits Mf.g g 6s 1920M&S 100 99% 100K (3s 011 100% Pierce 31 Dec __J&J 1920 notes gold ____J&D 95 1919 6% M&N 1920 Is Va W Amer S S of 89 88% Cony deb Os 1921 J&J General Petroleum CorpAmer Steel Foundries50 92 103 Plttsb Brewing Os Feb 4 '49_Jdo 90 1st M s f Cs June 1926_ J&J 100 F&A Deb 45 1923. ___ 93 95 Pitts Coal deb Is July 1931M&S 75 99% Girard Pt Storage 3%s '40_ A&O AmerThread col tr 48 g 1.919.J&J Plttsb Term Warehouse & Trans GordonIronsides&Fares Co,Ltd. Amer Tobacco 68 g 1944_ _A &O 119 1st ref g Is Nov 1 1938M&N 96 94 80 J&J 72% 1st s f g 6s 1027 opt 46 g Aug 1 1951_ Pittsburgh-Westmoreland Coal7% gold notes 1919___M&N 100Y8 101% Gorham Mfg Co84 80 1st s f g Is 1947 opt__M&N 7% 6.60% 1st M 7s F&A '19-124F&A N 101% 102 7% gold notes 1920_ _ 100 Pitts& WestmC35.25op.M&N 96 7% gold notes 1921_M&N 100% 102% Gottlieb-Bauerschruldt-Straus 23 20 Pleasant Vail Coal Is 1928_J&J 76% Brew Co-bit 4s 1951__M&S 7% gold notes 1922__.M&N 102q 102% Pocahontas Consol'd Collieries2d Income 5s Sep 1951_ M&N 7% gold notes 1923_ __M&N 102% 103 92 90 1st gold 5s 1957 opt__ J&J Granby Con Min Smelt & PowAmerican Type Founders98 Powell Ri v Co Os '19227__J&J 97 1st cony Os 1928 ser A....M&N 90 M&N Deb gold 6s 1939 _... Procter & Gamble Co99.K3 101 Stamped American Writing Paper100% 88% Grand River Coal & Coke-See Co Fuel & Iron' 7% gold notes 1919____M&S 100 88% 1st g Is '19 op aft.hily'09.J&J 101% 7% gold notes 1920__M&S 101 Hall Signal Os '19-'20 92 88 A&O 86 Old Col Tr & Cen Un Tr ctf 102% 102 1921____M&S gold 9,1 7% notes 99 Harris Os Abbatolr 1928__F&A g tat Armour & Co.-Real eet 102% 46 I 7% gold notes 1922____M&S 102 87 85 Havana Tobacco-5s 1922 J&D j 40 44s 1939 op 103% 103 notes gold 7% 1923.... _M&S 97 I 100% 99 100% '22 Os M&S Ilecker-Jones-Jewell 15 19J&D 15' Convgdeb Osrne Producers Transp 5s 1921_J&J 97Vs 100 Convgdeb6srne15'20.1&D15 100% 100% Hoboken Land & Impt Co-.94 Vs 90 Provid't Loan Soc 4%s '21 NUS 1st M g 5s Nov 1930__M&N 100% Convgdeb6sJ'ne15'21J&D15 1003 Remington Arms Un Met CartConvgdeb6srne 1 5'22J&D 15 100% 101% Hock Val Products 5a'61 op.J&J I 57 50 101% Roster-Columbus Co 6s'40_A&0 67 FAA 993% 5% notes 1919 933% 15'23J& D15 1009 Convgdeb Remington Typewriter65 60 102 Hudson Nay g Os 1938 op_ F&A Cony gdeb 6srne15'24J& D 15 101 100 95 1st 40 1910-1920 J&J Os M 35 99 95 Huebner-Toledo Brew Os '30J&J -WA 19221 Co-Is 011 Associated 91 Republic Ir & Steel Is '40_ A&O 94 Vs Huntington Land & ImptAstoria(NY)Veneer Mills&I)-98 105 99 Roch & Pitts C&I Is 1940_M&N 95 95 Coll tr g gu 63 1919-1927 J&D J&J let 8 I g 60 1941 opt 94 83% g f 151 s 4%s 1932 opt F&A 82% Illinois Steel-Deb 4 tis'40.A&O Atlantic Fruit & S. S.60 36 Rocky Mtn I. uel 55 1941_ A&O 65 35% 75 Independent Brewing 65'55 J&J ..I&J (lob Os, Jan 1945 97 Rogers-Brown Iron 5s'19-40J&I 95 Indiana Steel 1st 55 1952__NI&N All Gulf & W Indies SS Lines-St Clair Furnace Is '19-'39 F&A 84 82% Ingersoll-Rand-let g Is Dec 31 Col tr g Is Jan 1 19I9_. JA1 98 St Lawrence Pulp & Lumber96 95 1935 opt Dec 31 1910__ _ -IAA Atlas Port Cement 1st Oe'25M&S 90 70 1st M Os 1919 1933 Inland Steel 1st Os 1919-28_ A&O b 6% Baldwin Locomotive Works-62 St Louis Brew As5n Os 1939 "A 102 100 '42 Os 99% Ext&ref op'16 serA.J&J JJ 1st s I 58 1940 op aft '15 M&N 95 90 St Louis Car Co Os '21-'23 MAN 55 Internet Agricul Corp_ •Barney & Smith Car 5s 1936J&J 71% 76% St L Nat Stock Yds 4s'30J&J 92 85 lst&coll tr s f g Is'32op M&N . 76 Beech Creek C & C 5s'44_ ..J&D 80% 77 St L Rocky Mt & P 5s155 etpJ&J International More Marine-tBsthlehem Steel Corporation.55 103 Securities Co N Y 4% cons M&S 1st M coil tr Os 1941___A&O 101 7% g notes July 15'19_J&J15 100% 1003% 96 94 Sibley Mfg Co 1st Is 1922_ _J&J 1003% International Paper7% g notes July 15'20_,J&J15 1003 90 87 Sinclair Gulf Corp 6s 1927 M&S 99 95% Con CODY g e f Is '35op'09 J&J 7% g notes July 15'21_J&J15 1003% 1003% 96 Sinclair 011 & Ref Corp1st & ref s f 5s 1917 Ser A_ J&J 7% g notes July 15 '22..J&J15 1003% 1003% 993% 99% 7% notes '20 war's atch.F&A 70 713% :7% g notes July 15'23_J&J15 100% 1013% Internet Salt g 58'51 op__A&O 93 95% 0 000 10, Internet Silver 1st Os 48 J&D Without stk waents attach. 97 96 95 Beth St 1st ex g Is '20 go .3,-10 85 City 1st Sioux 1933 Yds Os Stir J&J 85 38'30 Deb 114 .14c./ Beth St pur m Os Aug '98.Q-1; 110 101 97 Sloss Iron & Steel IstOs'20_RIcA Iron Steamboat 1st 5s 1932 A&O 90 89 87 Beth St 1st I & ref 53'42_ M&N 96 4s1032 Gon'l 4s Somerset Tr Hotel 1921_J&D 83 A&O 30 81% 20 J&J Pur M 55 1936 96 95 Standard Mill-lst g 3330M.AN 90% 913% Jefferson & Clearf C & IBooth Fisheries sf 68 19211_ A&() 91 Steel Co of Can 6.9 1940____J&J 2d gold Is 1025 82 78 95% J&D iBoston Term Co-3%s '47 F&A 25 15 s 1st at Co Is f Cr Sun tr col Indiana Co Is g '44_J&J 90 '50_J&J Co Mines Copper Braden 97 96% Swift &. Co 1st s t g Is '44._J&J 99 96 97 993% Jones & Laughlin St 5s'39_M&N S g (38 1931 _______F&A ti Brew '30 cony City ctfs Ran Symington 20 6520 Cs T 27 J&J _M&N Co--Ferry Brooklyn . 101 Temple Coal s. 1. Is 1924_J&J 100 10c. 25c. Keyetone Steel & WireCon Is '48 ctfs del) etpd_F&A 96% 91 Teuu C I & RR gen 5s'31J&J 90 Cony Os 1919-1926 96 J&D Buffalo&Susq Iron So 1932J&D 99 Ala 79 91% KnIcicerb Ice 1st Is '41 opt_J&J Steel&Shipbdg 6s'30_J&J 74 Deb g Is Jan '26 op '10... M&13 99 Cahaba C M Co 1st 6s'22 J&D La Belle Iron WksBurns(P)&Co 6s'24op aft14A&O 91 J&D 98% Tea n Cop Co cony Os '25_M&N 1st & ref Is 1940 let & rots f Os 1931..__J&J 104 90% Texas Co deb 0s '31 op '13_J&J 103 83 96% 85 Lackaw St Is'23 op to '06 _A&O Bush Term 1st 45 1952 ___A&O 89 87 851x, P B 5s Union g 1st J&J A op '30 83% 81 • let Is 1950 op after 1915.M&S 85% Cons g Is Jan 1 1955J&J 90 Stamped 6% Eq 5s 1919-1926 M&S15 b 7% Bush Terminal Buildings CoCo 011 Union of California 60% 60 Corp 79 Inc 5s'24 Oct 81% Lake Superior 1st s f gold guar Is 1960_ A&O 93% 93 05 First lien s f Is 1931 opt_J&J2 60 1st & coil tr gold Is 1914..J&D California Wine Association-100 98 Union Steel Co 1st 513'32gui&D 95 Lake of the Woods Mill Co, Ltd 92 Cony g5sSepl0'25 op s 1 MAtS 91 Un Traa5por 1st Is 1923 FAA 100 97 1st M es June 1023 08 J&D Canada Cern't let 08'29 op A&O Union Typewriter-See Remin gton T ypewrit Latrobe-Connelleville C & C-Canadian Car & Fdy Co, LtdUnit Fruit-Deb 4%s 1023 J&J 100 let ts t g 63 1931 opt k 973% 96 J&D 1st 8 1 g Os 1039._J&D Deb g 4%s 1925 s f____ _J&J 100 Paper k Laurentide 1st 101 J&J2 Os'20 Ltd Canadian Cons RUbbOT, 78 74 United Lead deb 58 1043 J&J k 90 Lehigh Coal & NayGold 08 1940 opt 1.911__A&O 97 93 97% Ray lot Is '19-'34op'19J&D S U tis 4 g May M Gen 96 80% 1924_.(4-1; J&J2 1940 Cottons 55 Canadian 101% U S Finishing-Ism Is 1919.J&J 93 Fundlng 4s g July 1 1948..J&J 80 82 87 Cent Foundry Os 1931__...F&A. 92% J&J Con gold 59 1929 83 95 i Col tr power 4%e '21 op_J&I) 90 96 Cent Bud St'boat-Is '10 M&N U S Light & Heat 5 1 g 4%a 1954 90Cori 1 93 94 J&J 80 A&O 38 April 1933 70 f s 1st Os 75 1935 W-Barre J&D 33 & Coal-See p of Leh RR 97 06% NJ I Cent 192:3_ _A&O Central Leather Is 113% U S Mtge & Trust70 I Liggett & Myers g 7s &() 113 60 Ches&Del Can 1st 58(40'26 J&J 4s N _Var Ito Ser 1911----Is 1919-1922 bonds Gold F&4 _ 75 93% Chic Jet coil tr ref g 461940 A&O 61% 6% gold notes 1921 93 99 6 J&D 996 U S Realty & Imp 5s g'24 op J&J 943 Coll tr ref Is 1940.._.._ __A&O U S RubberLima Locomotive Corp93 Chic Pneu Tool Is Dec 31'21J&J 86 1st & ref 5s 1947 Ser A__JA:.1 86% 1st s f g Os 1932 _ __M&N 95 98 Chic Un Sta-See Steam RR Ws Smelt Refg & MiningLorillard (P) Co g 7s 1941_A&O 113 90 115 80 Chicoutimi Pulp Cs '43_ ___JAJ 99% Cony 0% notes 1926_ __ IP &A 99% Gold bonds 5o 1951_ _ _ _ F&A 93Chili Copper cony 7s 1023_ M& N 105% '106 81% Mallory SS 1st s 1 5s 1932__JAJ 81 88 I United States Steel Corp85 Cony Os 1032 Ser A ____A&O 103 Maryland Steel 1st Is 1922.RICA 83 93 06 I Col tr 9 f Is Apr '51 op '11.Var 100 J 82% Part paid 103 Col tr s f 5sApr'51 not op.Var 100 Metropolitan SS fie 1930 __ .J&J 71 98 Clearfield Bit Coal 45 1940_Jk.J 99% 99% Col s f 2d Is Apr'63op'13M&N I Mexican C dr C Is 1926 op_ NUS Cleve & Sandusky Brewingp. Utah 34. Rio Fuel-See & Deny Gr, Mexican I Petroleum A 50 of op__J&J Del Ltdlet•f g 08 Pile 1 '48 175 Vancouver Lumber 63'19-'25J &J 1st I conv s f Os '21 Set A Adr0 91 I 88 Clyde SS 1st Is 1931 opt.._ F&A 175 Vendetta Coal 1st Os '30 op_J&J Series C 863%! 853% Col Fuel & Iron s f Os 1943.11alcA 70 Victor-Amer Fuel lot tis'40FAA 60 I,M1dvale Steel & OrdnanceCol Fuel gen g Os 1919.._M&N 83 Victor Fuel 1st s f g Is 1953_J&J 70 Is f s Cony II 95 _M&S 1930_ July'19.A&O 92% Os 85% Or'd RivC&C Virginia-Carolina ChemicatI'Monon Coal-See Chic Ind & L Ry p 34 Colorado Industrial9.5% 95 Is g M f_J&D e lst opt 1923 Monon Con Illy A '34opFdr 75 A&B ser 753% C&C(is'49 A&O 1st g gu Is I Morris & Co 1st s f 43.s'30_J&J Bonv deb 63 1924 ____Adr015 100% 101% 86% Computing-Tabulating-Roc Co81 Va Jr Coal & Coke Is 1949..M&S 86% 87% Mtge Bond 4s Ser 2'00 op_A&O 83 85 Sink fund gold Os 1911J&I 95 58 Ser 3 1932 op '22 WebsterC&C let g 3s'42op_M&S 90 95 J&J 85 Cons Ind Coal Is'35 gu opt.J&D tr col Co _J&D Nat '30_ Is Weisbach 91 F&A & 80% '31__ 4s Conduit Cable tr coil Inc Tobac Cons 85 90 West Canada Fl Mills Co, Ltdlot M s f Os 1927 90 87 A&O Consol Coal 4 tis 1934 opt_ M&N WAS 102 let s f Os Mch 1928 93 92 Nat Euam & Stpg Is '29 .lit-,D 97 96 1st dr ref to f g Is 1050.. __J&D MIES 1st & ref of de 1931 101 99 National Fire Proofing95 Cony 03% g '23 op aft '10.F&A 100 Weiteru Electric let&coll tr g 58 '19-'32op al &S 993 Corn Prod Ref s f 150'31___M&N Nat Starch deb Is 1930 gu __J&J Is Dec 31'2209 aft'11 /&.1 97 99% 98 M&N 93% let g 59 1934 of 97 100% Westhouse El (lc Mfg Os '19F&A 100 National Tube 1st Is 1952 NUN Cramp(Wru)SoneShip&En Bldg 05 96 09 W hitmer(W m)&dunstis 20_ M&S Natornas Co of Callot M g Is 1029 opt___M&S 100 93 95% Gen & ref Os 1935_ Wickwire Steel-1st Os '34 M&N 97 81 80% J&J Crew Levick Co 1st Os 1931 F&A 98% N E Cot Yarn Cog 5s 1929 F Wilson & Co 1st fle 1941_A*0 93% j jAA Cuban-Arn.Sugar-lst 113s notes 3 93% 99% J&D 91 J&J Cony s f g Os 1923 1003% New Hug Nay-See N Y N H & II 1111, Jan 1 1919 99% 1003% N J Zinc 1st 4s 1920 J&J Winchester Repeating ArmsJan 1 1920 90 A&O 993/i 1003% N YAirBrakelst 6e'28cony WIEN 99% 99% J&J 7% gold notes Mar '19_M&S Jan 1 1921 99% 100 N Y Duck Co-lst g 4s '51 F&A EkCHANOE SfiATS. 74 Cudahy Packing Co68 No. Laal Sale. 92% 95 N Y tt Hob F'y Is May '40 MD $ 1st s 1 gold 55 1946__J&D 85 102% N Y Stock Exch_1,100 $70,000 Hobol-en Ferry Is '40_ _ M&N 85 7% g notes July 15'23 _J&J15 102 3,000 2,000 3,000 100 97 N Y & N J Ferry--Is '46...I&J N Y Cots Stk Ex_ 486 Davies (Wrn) Co 1st Os '26_Jdr..1 85 2,600 2,400 2,600 95 N Y Shipbuilding CoN Y Produce Ex..1,800 Dewees(W)Wood Co Is'30 M&N 1st M s f 50 Nov 11946 N kr Cotton Ex_ 450 12,500 14,100 17,500 73 Distillers' Securities Corp70 6,000 5,500 6,000 89% N V Colt &Sug Er 323 95 Nipe Bay Co 58 1925 __MAN Col tr cv g Is '27 op '08_A&0 92 2,350 Baltimore Stk Ex 87 89 92 O'Gara Coal5e 55 op att'08- MA S 63 Domin Coal Is'40 op '10_ M&N 58 9,500 9,000 11,000 85 Boston Stock Ex_ 150 IglIvie Flour Mills Os '32 _J&I) 100 Dominion Iron & St 3s 1929.J&J 6,300 6,300 Chic Bd of Trade_1,310 102 Series B. Dunlop Tire dc Rub Goods, Ltn100 1,300 1,200 1,400 Chicago tin( Excb 250 100 95 M&S Series C 1st a f g Os 1927 opt 100 3,900 33 Cincinnati Stk Ex 98 Otte Elevator Os '20 op '13 _A&O du Pout(E I) de New Powd95 2,700 33 Cleveland Stk Ex 100 Pacific Coast Co-G Is '46 J&D Gold 43.s Juno 1 1930 J&D 90 88 29 2,250 Louisville Stk Et_ 90 Palace Hotel(San Fran) 1st 6s Eagle&Phenix Mfg 53 1926_ J&J MInneapCh orCom 573 4,800 4,800 5,000 Aug 1 1925 Eastern Steel Ist53'31opl6Kka F&A 76 26,000 25,000 30,000 Montreal Stk Ex_ 95 Pars h Yliforu s t tie '36_J&) Elk Horn Coal Os 1925_ J& D 1 82 78 8,000 7,750 10,000 93 New Orl Cot Ex. 500 100 , Parsons(W ye) Pulp & Lumber Empire Itefg 1st do 1927_ FAA 3,600 3,510 4,100 Phila Stock Exch. 221 00 93 1st ru g Os '19-'24 opt M&N Fairmont Coal Is 1931_ ..JAJ 2,250 2,010 3,000 07% Pittab Stock Ex__ 120 98% PeerleasTrk & Mot0s'25 M&N10 87 Federal Sug Rfg 5%notes'20JAJ 85 Ex__ Louis 50 Stk 1,000 1,000 1,500 St 87% Port St Union Depot-See Steam RR Bo nds MAN 87 PUMUIHILI,13(1-1105I'26op 41 12,500 82% Penusylv C A C 1st Is'32 opJ&J 06 I (SariF1StkABdEir General Baking 1st Os 1030 J&D 91Vs Oft Ev. Ail 1 9r11 t 1,590 1.01 -- b Basis. I This price includes accrued interest. 6 Lalt own. • snd Toronto stock exchanges, vs Nominal. a Bale price. min. Nibuiliin prices established ena the Montraal 46 INDUSTRIAL AND MISCELLANEOUS SECURITIES [VOL. 108. 5 . Stocks. 49 Par B(a. Ask. TEXTILE MFG. STOCKS. North. Mills. Par. Acadia M AcubsnetMill(NB)a Am Linen(Fall R)a American _a Preferred. _ _100 Amoskeag Mfg(voluntary assn)- (t) Preferred_ --- (t) Andr[wog M(M e)a AppletonCo(Mass)a Arkwright M(FR)a ArlinstonM(Mass)a Barnard Mfg(FR) a Bates Mfg (Me)__a Beacon Mfg (NB) a Preferred _a Berkshire Cot Mfg, Adams, Mass ..a 131gel-HartfCarp't a Preferred a Boott Mills(Mass) Border C Mfg(FR)a Boston Mfg(Mass)a Boa Duck (Mass).c BoumeMills(F R) a Bristol Mfg (N B) a 13)_ Butler M111 Preferred _ _ _ _100 Chace Mills(F R)a Charlton Mills_ _ _ a Chicopee Mfg (pf)a CityMfgC'rp(NB)a Conthel M (Me).a Cornell Mille(FR) a Dartmouth Mfg Corp (N B).__ _ a Preferred a Davis Mills(F R).a Davol Mills (FR)_ a Draper Corp.. _100 DwightMfg(Masa)e Edwards Mfg(Me)a EsmondM(R1),pf a Everett M (Mass) is Fairh Mills corn 100 Preferred _ _ _ _100 FarrA ipaca(Maas)a Flint Mills (F R).a Franklin Co (Me)_ a GosnoldM (NB)- a Preferred Granite Mills(FR)a Gt Falls Mfg(NH)a Grinnell Mfg(NB)a HamiltMfg(Mass)a HamiltonW(Mass)a Hargraves M(FR)a Harmony Mills pf a Hill Mfg, Co (Me)_ a Holmes Mfg (N B)a Preferred a Kilburn M (N B).a KIngPhilIpM(FR)a Lancast'rM(Mass)a Laurel Lake (FR).a LawrenceMfg(M).a Lincoln Mfg (FR).a Lockwood Co(Me)a Lowell Bleach(M)_ a Lyman Mills(M).a Manomet M(NB).a Mass Cot Mills . _a Mechanice'M(FR)a March Mfg(FR)_ _ a Merrimack Mfg (Mass) ___ a Preferred a Middlesex Co(M).a Allt V- Wood Mills (Bait) v t r_ _ _ _ a Preferred v tr a Nashaaena M _ _ a NashuaMfg H)_ e Naumkeag (Mass) Steam Cot Co. _a Newmarket Mfg Co (N H) a NonquittSp(N B).a Osborn Mills(FR).a Pac Mills (Mass).a Page Mfg (N B). _a Parker Mills(FR)_ Pepper& M fg(Me)a Pierce M fg Pocasset Mfg( R)a Ponemah M(Prov)a Preferred _ _a Potomac& M(NB)a Rich Borden Mfg Co (F R) a Sagamore Mfg (FR)._ _a Salmon Falls Mfg Co(N II) a Beaconnet M(FR) a Sharp Mfg(N B) _ Preferred _ _ _ Shove M Illkenandoah Cot Co (Utica) a Soule 54111 (N B)_a Stafford M(F R) a Stevens Mfg(F R) a Taber Mill (N B).a TecumsehM(F R)a Per share. 100 1275% 95 135 81 112 Stocks. Par. Thorndike (Mass) 0 Tremont & Suffolk M (Mass)_ _ _ - a UnionCotMf(FR).a Utica Knitting_ __ a Preferred a Utica Steam -& Mob Val Cot M.a Wampauoag Mills (F R.)._ ____ _ a Wamsutta -M(NB)a Weetamoe M(FR)a Whitman M (NB)a York Mfg (111e)__a Bid. Ask. Per share. k1465 Stocks. Detroit. Par. Ask. Per share. a 1575% Detroit F & M..50 240 Michigan F& M 50 100 110 100 97 Hartford. Per share. 150 145 Aetna (Fire)_ .._100 x 353 360 100 Hartford Fire...100 x 680 690 126 Hartf Steam Boll 126 Insp & Ins_ _100 380 4006 160 170 National Fire_ _100 x 345 1275% Phoenix (Fire)_ 100 x 360 Standard Fire_ 50 45 60 Stocks. Par. Bid. MARINE INSURANCE SCRIP. Per sent. Atlantic Mutual-1917 f 100 104 f 100 105 1918 VIINII•10 STOCKS Per share. Acacia 1 25%c. Adventure Cons_25 75c. Ahmeek 25 x 70 Alaska Gold M_ 10 Alaska Juneau 81 85 Per share. Life Insurance 15% Gold Mining....1 80 Aetna Cas'ty & Sur x 530 545 20c. Algomah 2. k 187 Southern Mills. Per share. Aetna Life rx 700 2 x 41 Allouez 1° °1 x 215 Conn Gen 700 100 AmGold M (StL)1 175 100x Travelers' Amer Zinc Lead & 745 112 115 Abbeville CM(SC)a 125 Smelting 11 95 115 Amer Spinning Co 180 2: 41 Preferred 275 AndersonCM(SC) a 73 75 Anaconda Cop...5 60 105 Arkwright M (SC)a 185 Per cent. Louisville. Arizona Com'clal_5x 12 100 Atl & Gulf C(Ga).a 20c. Arnold _2? Augusta Fac (Ga).a 50 55 Liberty 50 120 123 Batopilas Min_ _ _ 15% 150 162 Belton Mills(SC).a 150 Bonanza Der Co 1 78 82 Bibb Mfg Co(Ga) a 155 165 Butte Cop & Z vtc. 55% 88 90 CabarrusCM(NC)a Minneapolis. Per share. Butte & Sup____1 185% s 90 Chesnee M__145 Cable Consol 1 114 Clifton Mfg (SC) a 135 140 Nor'westF3r M 100 505% Calumet & Ariz_ 1 k 80 Clinton CotM(SC)a 125-Calumet & Hecia 2 x 425 k1280 Courtenay %f(SC)a 155 175 2 Canada Copper__ 110 Dallas Mfg (Ala)_ a 116 Per share. Centennial _ _ _ _25 x 12 Newark. 115 Darl'g'n Mfg(SC).a 80 Centre Cr'kMin.It 94 Eagle dr Phenix American 17 18 Cerro de Pas Cop(t) 33 98 100 Mills (Ga) _ __ a 135 Firemen's 190 50 180 Chill Copper __2 175% 140 EnterpriseMf(Ga)a 75 Newark Fire 135% 8 Chino Copper _ _ _ ..5 335% 135 Expos'n C M (GrOa 175 Prudential Life_ _50 450 Consol Interstate 5 Gaffney Mfg (SC) a 106 k 99% 110 Callahan. _ ___1 156 160 Granttev Mfg(SC)a 104 Con Min &Smel 10 s 82 Greenw'd CM(SC)a 225 Per share New Haven. 405% Cop Range Con 100 180 Grendel Mille(SC)a 370 Security __25 30 31 Crosson Con G___ I 5 Henrietta M (NC)a 185 Cripple Crik Cons 1 3-10c. 205 KIng,JP,Mfg(Ga) a 115 Crown Reserve_ _1 87 LancasterCM(SC)a 150 Now Orleans. Per share 25% Daly-West 2( 132 Preferred a Dante Sc. 1 110 Lauren, 'CM(SC) a 125 Lafayette 50 220 Davis-Daly Cop_l 5 115 117 Louise Mills(NC)_a 100 90 Meehan & Traci 100 414c. Doctor Jackpot k1150 Marlboro CM(SC)a 1375% Dome Minee__1 115% k 875% Mayo Mills(NC).a Elkton Cons 1 55%c. 3 885% Mills Mfg Co(SC).a 273 New York. Per share. El Paso Gold ___. 14c. 8 1423 Monarch CM(SC)5 107 Federal M&Seu _ 10 9 103 NewberryCM(SC). 230 Amer-Alliance_ _100 210 220 Preferred 37 10( 82 - -- -- Orr Cot M (SC)._ _a 120 City of N Y___ _100 105 130 First National a 168 Pacolet Mfg (SC)_ a 175 Commonwealth 100 300 325 Cop ($3 73 pd).5 15% 150 165 Pelzer Mfgeo(SC)a 155 Continental 25 d 585% 60 Franklin 95 35% k 195 PiedmontM fg(SC)a 195 200 Fidelity-Phenix 100 390 405 Gold Dollar Cons _l 115 PhillipsIluttorffM a 112 117 Great American 100 t 328 335 Golden Cyclo 1.74 925% Poe,FW Mfg(SC) a 160 Hanover eo d 80 GoldfieldConsol 85 115 Roanoke M (N Cl a Home_ 100 450 460 10 Mines 21c. 3 17934 Saxon Mills_ Inn __ _ -- National Liberty 50 d 140 150 Granby Cons M S 150 160 Sibley Mfg (Ga).-a 60 70 Niagara 80 d 170 175 &P 10 78 1105% Spartan Mills(SC) a 175 Northern 100 110 90 Granite-BI-Metalli 05 Tucapau M (S C)..a 300 North River_ _25 d 35 40 (St Louis).__1I 325%c. 70 Union-Buffalo M Pacific Fire 25 d 35 45 Granite 175%c. k 97 110 Stuyvesant (8 C) 1st pref 105 _100 60 Greene-Cananea100 45 k 78 Victor-Monag Co_ a 81 84 United States _ _20 d 25 35 Hancock Cons_ 2 45% 2. 215 225 Preferred . _ a 93 95 Westchester new 10 d 32 34 Hollinger Mines _5 113 Victor-MonagMpf a 93 95 Homeetake Min 100 94 150 Warren Mfg (SCI a 125 Horn Sliver M ..1 170 Preferred 100 _ _a 93 Philadelphia. Per share. Inspiration Cons s 94 Waah'n M (Va) - pf.a Copper 2 465% 117 Webb Mfg (Nash) a 75 Alliance of Phila_ 10 50 19 19% Isabella 1 65%c. 1 135 Whitney Mfg(SC) a 132 Fire Association_ 80 s 310% Island Cr'k Coal....1 x 45 114 120 Woodside Cot M-5 116 Ins Co of N A 10 s 26% Preferred _ _ _1 x 80 k 109 . Preferred . _ _ -..a 95 InsCoState ofPa100 92 s 54 Isle Royale Cop_25 x 24 133 138 Woodruff M_____ 125‘ 135 Lumbermen's _ .. _25 x 100 Jack Pot _I 133 137 People's Nat Fire 56 k 17;4 Kennecott Cop(t) 315% 134 138 Phila Life IC k 10 Kerr Lake.. 5% 136 Reliance 8C s 50 Lake Copper. 112 Canadian Mills UnitedFiremen's 10 La Rove Cons M._5 k 12 150 La Salle Copper_ 25 2% Can Convert. Ltd.a 46 44 Mary McKinney_ 1 75%c. s 705% Can Cottons, Ltd a Pittsburgh. 665% Per share Mason Val Mines_ 8 k 785% Preferred _ .. .. _a ___ _ 76 Maas Cons.. _.._ 28 4 k 57 Domin Text, Ltd_ a x 99% 101 Allemania 50 MayflowerOldCo125 2% Preferred . . _a BirminghaniFire_50 Miami Copper_.-5 22% 17 Montreal Cottons.a 102-56 City Fire 50 Michigan 25 3 Preferreda 78 905% 102 German Fire_ _50 Mohawk 28 50% 105 Penman'', Ltd .....a 79 Globe Fire 50 Nevada Cons Cop 5 17 800 Preferred u 85 855% Humboldt Fire_ _50 New !dila Quicks_ IT 85% Nat.BenFranklin50 New River Co_ _100 12 s 1715% Pittsb Fire 50 Preferred __._100 x 645% Teutonia 50 Nlpiazing Mines....5 9 ks107% Union Fire 5 North But,e__ _ _ 18 s 11 117 121 INSURANCE Western Fire__ _50 North Lake _ _ _ 25 67 50c. 1325% STOCKS Ohio Copper new 10 65c. 148M 151% Old Dominion--- 25,x 33 .97M Providence. Per share. Ontario Sil MICI 100 75% 80 Par Albany Per share. Osceola .25x 46 196 201 Prov Washlon_ _ 50 100 MHO) Consol_ _1 380 Albany 1 racCo 190 80 180 Pills-Idaho 1 CommereeInsCo 28 185 100 190 PItts-Jer Cop__ 1 10e. 110 90 Richmond. Per share. Pit& Mt Shasta Cop 25c. 90 100 Pitts') SHY Peak_ _1 146 Baltimore Per share. VIrginia & M__ 25 89 93 Pond Creek Coal.10x 125% Portland 1 1 165 German 10 21 Quiucy_.._ _1.25 59 German-Amer 25 33 40 Ray Cons Cop 10 205% 250 275 St. Paul, Minn. Per share. Ross M & M 1 115% St Joseph Lead 10 80 Boston Per share. St Paul F M _ 100 SantaFe(G&Cop)10 25c. 115 1 San Toy..._ 7c. 103 98 Boston 100 400 425 Seneca Cop Corp-t 15 100 Colum Nat Life 100 112 120 San Francisco. Per share. Shannon 10 14 110 Con veyancers' ShattuckArizeop 10 x 125% Title _100 Firemen's Fund 100 349 Superior & Bost _16 to 3 135 145 Mass Bonding 80 85 Superior 25 6 100 Mass F & M 120 130 Washington. Per share. Tennessee Copper 114 Mass Title 106 Arlington 10 8 10 & Chem temp.(t) 135% 113 , Corcoran 50 90 Tonopah Belmont 1 25% 125 Fireman's 20x, 19 Tonopah -1 (Nev). 3 165 Brooklyn-sieeN Y German'Amer_ _100 225 National Union 8 53. 100 137 88 Ask. 9ft. . 72 43 11M 43 60M 12h 30o. 6 111/4 63 430 13 34 18 331 8k 25 4014 5.12X 1-1M. 30c. 235( 51( 5E. 11( 260: 11 39 4 1.76 23c. 755% 46s. 44 93 45% 7%c. 40 82 25 311‘ tiN 4 21 (4 10c. 3 4 \3 23 35% 52 17?L 15 70 11% 65e. 75s. 31 714 47 11*. 27s. 13 1.1* 60 20M 7c. 3.3c. 91. 15% 16 13!4 7 14 2 3X a Par value $100. b Assessment paid. e Par value $700. d Price per share, not per cent. • Par value $500. p Par value $1,000. A Par value 00. k Last sale, in let install. p cid. n Nominal s Sale price. t New stock. s Ex-div. Ex-rights. s Ex stock div. t Without par value. min. Minimum prices established on the Montreal and Toronto stock exchanges. JAN., 1919.] INDUSTRIAL AND MISCELLANEOUS SECURITIES 47 Ask. Stocks. Par, Bid. Ask. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Per share. Per share. Per share. Aetna Explosives 65 42 37 Cleveland Stone 100 6 Atl Holding__ __100 New stk (no par) d 53% 62 643% Cluett, Peabody100 60 55 Atl Gulf & W Preferred_ ___100 105 1003% _100 _ _ Preferred_ 1073% 10731 67% Ind SS Lines_100 Ajax Rubber ___50 d 67 30 182 68 100 160 Collins Co _100 13% 13/3 d Preferred 653% Rights 29 Colonial 011- _ 100 80 90 Atlantic Refin_ 100 1,040 1,060 Alabama Co......100 Colo Fuel & Ir_100 s 3634i s 373% 153 80 Atlas Powder....100 147 75 100 1st pref 100 Preferred 90 86 Preferred ____100 70 65 100 2nd pref 2 Colt's Patent 1 Autosales Corp--50 d Albany (N Y) Safe 42 d 39 I M...25 16 12 Arms Fire 50 d Preferred 170 Dep&Storage 100 150 132 111 Col Graph Mfg ..(t) d 128 Babcock & Wil_100 109 Allis Chalmers Mfg 90 88 ___100 75 32X Preferred. 33 743% Baldw Loc Wks 100 100 Corn 107 98 Comput-Tabulat & 83 Preferred _ _ _ _ 100 100 x 82% Pref 40 36 80 76 Recording Co 100 101% Baltimore Tube 100 Am Agri Chem_ 100 101 220 84 Conley Foil_ _ _ _100 180 963/3 Preferred _ _ _ _100 98 Preferred... _ _100 REAL ESTATE TR 25 100 5 Consol Car Heat 35 Bar & Smith Car100 Per share. Am Bank Note_80 d 33 & LAND STOCKS 78 20 ConsCoal ofStL.100 _100 Preferred 46 50 d 41 Preferred 70 Albany Tr (Bost)-1 a 334 3 d 100 1023% 104 Cons Ice(Pittsb)_ 50 63 64 Barrett Co Am Beet Sugar_100 65 55 Alliance Realty _1 111 Preferred 81 Preferred....... 100 106 89 Preferred.. _ _ _100 Banisters' Hall Tr 83 % 9 12 8 d 58 10 185 Cons Coal of Md 120 Beatrice Cream 100 180 American Book_100 110 70 a (Boston) 52 50 105 Consumers Co_100 80 90 Preferred _ _ _ _100 100 Am Brake Sh&F100 65 Bedford Tr(Bost)_1 a 80 79 62 61 Preferred.. _ _ _100 Beth'hem Steel_100 175 Preferred _ _ _100 151 65 BerkeleyHot1Tr(8)1 a 6831 613% 100 693% Can Cont 215 _100 B 218 100 com Class 613% Brass American 90 Ed of Tr Big Tr(B) a 100 1043% 108 2 89 Preferred....._100 5 9031 Preferred_ Am & Brit Mfg_100 80 BosGedRITr(C)- a 831 35 Continental Motor_ 20 8% cum cony Preferred .._....100 800 Bost R E T (Bos)_h a .. (new) Preferred 9431 47% pref sub recto_ 1043% 1053% 4731 American Can__100 95 BosStorW'h'se(B) a 88 310 485 011_100 98 95 Continental d 97 Spen_25 _100 & 97% Billings 85 a _1 80 Boston Wharf Co 933% 487/3 Corn Prod Refg.100 325 483/3 93% Bliss (E W)Co__50 d 250 Car &Fdry 100 Preferred..-Am 86 Bromf Bldg Tr(B) a 104 103 100 _ 65 Preferred d 75 50 115 111 Preferred _100 Preferred_ 55 a 1 Business RETr(B) 63% d com _5 Co & 23 63% d Cosden (t) 2 2231 Booth Fisheries.. Am Caramel.. _100 60 Cent Bldg Tr (B)_I a 4 5 d 34 Preferred 82 35 1st pref Preferred.. _100 050 Chic R E Trustees h a dr 100 (Wm) Cramp 89 97 60 63 9 9 00 1 Borden's Con M 100 Am Chicle 450 City Assoc (Bos)_ _a a SonsSh&EB1d100 99 95 74 _100 76 _100 Preferred Preferred 950 h a (C) T E City R 80 78 485 Vot trust Ws_ _ _ 110 100 104 Borne-Scrymser 100 460 Am Cigar Congress St Associ39 25 Crescent Pipe L 80 d 37 83 90 _100 Bost Belting p1_100 Preferred 65 ates (Boston).. _ _I a 55 45 _100 _ _ Carpet 175 n Crex 45 d Brier Hill Steel_100 _25 J N of 30 Am Coal C'gresaStBlgTr(B)I a 95 90 _100 40 Crock-Wheeler. Preferred _ _ _100 10431 Am Cotton 011.100 393/3 Constitution Wharf 102 93 21 Preferred _ _ _ _100 90 86 100 _100 Brill (J G) Preferred 50 Trust (Boston)_1 a Crucible Steel__100 5734 5731 100 Preferred.. 30 AmCreditIndem100 200 Copley Sq Tr (B)_1 a 30 Preferred..100 d 34 33 893/3 _25 25 Brass Bristol Am Cyanamid_100 80 a Preferred 21 23 Sugar d Cane Cuba El 55 _ Brit-Amer Tob_ 65 100 _ _ — Preferred 50 a I (B)_ Tr Bldg Delta 30 24 84 Corp com(no par) d 293% 90 Ordiu bearer...El d 22 30 Am Express_ _100 Devonsh Big Tr(B)I a 100 23% 793/3 Pref 7931 3 British Col Fish AmFruitProd -pf100 90 a Preferred 115 93 48 Sug_100 k 230 Cuban-Am ._100 & Packing American Glue_100 Dwelling House 20 _100 130 d 23 Preferred 136 28 Co_ _100 Brook Broad Preferred 600 a (Boston)_h Assoc 185 69 138 65 Cumberl Pipe L 100 175 Brown Shoe_ _ _ _100 Am Hardware_ _100 x 133 5 East Boa Land (B)43% 13% 100 96 D H Holmes Ltd100 170 •175 133/3 Preferred.. _ _ _100 95 Am Hide&Leath100 54 East St RE Tr(B) I a 48 _100 0_ 72 & C 72% Davis __100 90 Brunswick-13alke80 Enaley Land Co_ _ I Chemical 100 85 90 d Davison _28 _100 pf Preferred_Collender Hosiery 80 Amer a I (Bos)_ Tr St Essex 40% Brunswick Term 100 Corp 4031 70 Am Ice Co Factory Bid Tr(B)_ a 97 5 29 )d 9 100 57 59% & Ry Sec____100 100 93/3 Deere & Co pref ( 83% 4000 Prof a Fifty Assoc (Bos 164 96 94 L & W Coal-50 d 157 D Corp d Buckeye Pipe L_50 50 Amer Intern 13)1 a Haymarket Tr 3 1523% Hook 152 Long Burns _100 _ 56% De 100 Bros_ paid 100 5634 $60 a ) HotiTr,T'raine( 50 40 100 & Eye 115 Preferred....__100 110 Am-La France Huntington Chem 112 97 Diamond Match100 111 75 Bush Terminal_ 100 Fire Eng Inc_100 n 67 70 Tr (Boston)- _1 a 523% 52 100 Corp Sec Dist 80 90 100 n _100 Preferred 30 Pref Journal Big Tr (B)I a 173% 18 Dixon (J) Cruc_ 100 300 Butterick Co_ _100 Amer Laundry 35 Kimball Big Tr(B)1 a 101 98 100 pref 48 d Mfg (t) Dodge Pack Corp__ 65 75 Cal 483% 90 Machinery__ 100 Lovejoy'8W hTr(8)1 a min 123 107 Preferred...._100 10031 1063% Dominion Bdge.100 400 P Preferred - _ _100 104 MerchRETr(Boa) h a Dom Coal pref_100 943/2 47 California— 80 Amer Linseed 100 463% Municip'IRETr(B)1 a 373% 21 213% Dominion Glass 100 x Petri'm Corp_100 90% 89 50 100 Preferred Old South Bid As_l a 100 x 85 Preferred _100 643% 633% Preferred 61% 61 Am Locomotive 100 85 Oliver Bid Tr (B)_1 a 95 9331 Dom I & 8 pref _100 103 Calif Wine Assn.100 100 100 90 Preferred Paddock Bid Tr(B)1 a 6234 _100 DomStCorpcom100 623j Preferred * 80 60 Am Mch & Fdy 100 40 Pem'tonBldTr (B)I a 33% duPont (E I) de 5 Calumet & Chic 80 Am Malting___100 Post Of Sq Tr (13)_ I a 253 247 com_100 Co & N 49 Dock_100 at 48 433/3 Can 100 pref let 15 PrayBlds Tr (Bos) I a 92 91 40 Debent stk_ _100 48 Cambria Iron_ _50 d 393% 46 70 Guar Tr ctf ___ R E Assoc (Bos). _I a 85 23 d 80 Eagle Lock 15 18 Cambria Steel_ __50 d 1133/3 115 Amer Piano_ _..100 Realty Associatesof 0 0 1 _1 85 5 75 66 75 80 Canada Cement 100 663% Eastern Steel Preferred _.....100 80 75 Brooklyn 85 pref let 95 8 _100 10 Preferred Pipe&Cons_100 40 Am _I a (B) Tr Som'set H 490 1 CanFdys&Forg 100 194 19534 Eastm Kod N J 100 z Am Pneu Serv_ _80 d 50c. South St Tr (Boa)../ a 106 1053% _100 _ _ 90 Preferred_ d 80 _100 Preferred pref First (B)i a 50 South Term Tr 22 mm 38 483%' Edm's &Jones Cor d 18 4831 50 d 531 5% Can SS Lines_ _100 Preferred State St Associates 85 80 Preferred ___ 100 25 Voting Trust._ _ _ _ 35 50 Am Press Assn_100 a (Boston) 92 d 95 79 Elec Bd & Sh pf 100 78 295 Preferred _ ..._100 40 Am Radiator_ _100 290 State St Ex (Boa). a 53 29 Elec Stor Batt_ _100 100 130 CanadianCar&F100 5234 Preferred.. 400 Suffolk It E Tr(B) h a 148 813/3 100 ElginNat Watch 100 145 Preferred 65 Am Rolling Mill 25 dx 463% Summer St Tr (B). a d Corp.50 90 Coal min H _100 Elk Con Rub_ 293% 105 2831 __IOU Can __ 10131 Preferred 95 Term Hotel Tr(B)_ I a 47 50.d 100 z 97 160 Preferred Preferred. American Screw 100 x 145 75 a Preferred 200 Dry 350 68 Explos.100 Ely Walker 70 Mach_100 Canad'n Seed Am Texas Pacific Land 1003% 100 Goods 95 98 _100 105 Preferred......100 180 Trust certfs_ _ _ _1 155 103 1st preferred_100 100 15 Sewer Pipe _100 Preferred_-Am 70 1531 Can Locomotive100 x 63 Trem't Bid Tr (B).1 a 76 87 100 2d preferred 100 Preferred. 114 Am Shipbldg_ 100 05 Trimtn Tr (Bos)....1 a 10 0-0 Emerson-Brantin1g 85 Preferred_._100 88 Canton Co_ ....100 160 University Associ21 110 Carbon Steel_ _ _100 100 ham Amer Smelt lee 25 ates (Cambr)_ _ 81 79 93 92 Preferred _ _ _100 let pref _ _......100 100 Pf Ser A stpd_100 110 95 Western It E Tr_ _ _I a 105 5 3 60 2(1 prof__ . _100 70 Empire Petroleum 5 d Fret Ser B.._ ..100 70 WinthropilidTr(B)t 35 Empire St & Ir_100 25 750 Cent Tr rcts Carib Syndicate_ 25 d 650 70 Preferred _ _ _100 x 65 min 15 763% Carriage Fact .100 Am Smelt&Refg100 763/3 TITLE OUARAN• 190 Eureka Pipe L..100 185 Preferred.......100 1033/3 105% min 58 Preferred _ _ _ 100 TEE & SAFE 88 84 Fajado Sugar....100 Case(J I) Thresh Am Snuff com__100 100 104 DEPOSIT Tob Ship 9231 dr _ Far .. share. Preferred_ 92 88 _100 —100 Per pref_ 100 Mach STOCKS 100 5 Warehouse Am Steel F'driee100 45 67 39 50 85 62 85% tasein Co of Am 100 Amer Surety . 70 1st preferred 100 American Stores t d 225 Case Lockwood & Bond & M Guar100 215 25 2d preferred 100 75 Am Sugar Refg _100 111 Brainard Co_100 200 111% Casualty of Am ..10 25 Faf& Egan com100 140 Preferred _ ___100 1123/ 114 Celluloid Co_ _ _100 135 Chicago T & Tr_ 100 178- - 185 68 Am Sumat Tob_ 100 Preferred .._ _ _100 175 98 Central Aguirre 973 CitySD(Alb N Y)100 150 95 92 Preferred..-....100 165 90 Sugar Cos_ _ 100 162 FederalSugRefg100 92% Columbia Title Am Thread pref.. _5 d 92 60 95 Preferred.. ___100 Central C & C 100 4 (Washington) 8 dx 4 331 Am Tobacco___100 191 68 123 38% Fisher Body--(1) d 30 Preferred ....100 195 Fidelity& D (Md)50 d 121 90 Preferred.......100 93X 923% 17 Preferred _ _ _ _100 23 92% Cent Foundry.._100 istMg Gu N V.100 Am Type Foun_ 100 8 80 40 Foundation Co (t) d 70 Preferred _ _ _ _ 100 x 30 39 43 73% K C (Mo) Casual Preferred.......100 83 100 95 Preferred_ .._ _100 87 Cent Leather.._ 100 60% Kentucky Title Co 603% Am W W & Elec 103 35 Preferred _ _ _ ..100 103 Preferred _ _ _ 100 100 1033% Freeport Tex Co(t) d 33 6 Common _._100 Gait' (Robert) 112 40 )d 33 7 Certain-teedProd1(:)0 Lawyers' DA Co_ 100 105 First pref .. _ _ 100 100 100 a 98 Co pref 123 823% 100 68 1st pref 71 Louisville Title_ 100 120 Panic pref ...100 92 78 Galena-Sig 011..100 85 87 12 2d pref 14 Maryland Cas Co28 d 84 130 Pref (old) _ _ 100 115 Am Wind Glass 90 85 Champion Coated Mortgage Bond.100 97 Pref 106 100 140 223 Pref (new)_ _ _100 103 100 130 Paper. Nat Surety Co_ 100 218 Am Wind Glass 85 102 Gaston Williams 98 78 Preferred ........100 NY Title &M tg 100 87 100 Mach 77 105 & Wigmore__(t) d 303/3 303-( 88 Chandler M otor 100 103 RETIns(Wash)100 x 72 39 77 100 38 Preferred Gen A BO com 100 Chesebrough Rhode 181 8 D...100 77 320 76 100 Am Wool(Mass)100 Pref 57 M anufact'ng_ 100 300 51% 5131 Title G u Tr(MIL)100 3 10 8 Preferred_ _ _100 Gen Baking___ _100 155 100 04% 95% Chevrolet Motor100 148 U S Casualty 100 175 65 Am Wringer _100 115 58 Preferred _ _ 100 80 Chicago AuditoUSFidel&Gu(M) 50 d 172 15 14 _100 Preferred Gen Chemical_ _100 x 165 rium Assn_ _ ..100 60 112 USTGu& I wien1100 Am Writing Pap100 Preferred..... _100 1013/3 105 Chic June Rya & Westch & Bronx Tit 23/4 473.4 170 Preferred_ ___ _ 100 47 tin St Yd stp(1100 x 27% 29 1353% Gen Cigar com-100 & Mtg Guar. 100 180 103 98 Preferred _ _ _100 Anglo-Amer 011_0 d 173/ Preferred.. _ _ _100 x 85 18 62 Armour & Co p1.... _ 1003 Chic Pneu Tool..100 101 643% General Electric100 1493% 151 INDUSTRIAL & 1323% Assets Realize _100 Gen Motors__ 100 132 M1SCELL t N EMI S % 131 Chic Ry Equip..100 52 823% 813% 47 100 Preferred .......100 Per share. Assoc Dry G'ds_ 100 17 18 Childs Co 100 1303/3 _ 95 1st pref Gen Petrol 92 50 100 Preferred ..100 58 03 48 Adams Express_ 100 30 20 2nd pref -99-100 Preferred 47 Cin Tab Wareh..100 Advance- Rumely — 70 105 Gen Ry ftnal_100 95 69 On fin Stk Yds.100 _ 100 Corn 243/3 Associated 011_100 z 68 233/3 20 70 17 Preferred .. _ _ _100 Associat'd Simmons City Investing_100 60 58 ..._ _100 Pref 67 Globe-Wernicke 100 145 160 60 100 265 Preferred. _ ..100 Hardware 300 Aeolian-Weber— 100 100 _ _ Cliffs Iron_ _100 Preferred Coy 101 Preferred_ 90 91% 30 10 100 & Plan_ Plano 56 4 56% 53/3 Goodrich (B F)_100 Clev&Sand Brew 100 Atlantic Fruit....100 19 21 50 Prefelred _ _ .100 25 Preferred _ _100 102 106 73/3 Preferred_ _ _.10 3 Atl Fruit & S. S.___ 5 Stocks. Par. Bid. Ask. Per share. 2A 2 Tonopah Ext Min 1 2% 2M 28 Trinity 160 UnitedGoldMines 1 143/3c 36 34 Un Verde Ext.._80c SX 8 Utah Cons 3 74 73% Utah Copper Co_ 10 231 1X 28 Victoria 47c 44c 1 Vindicator 1 90c 28 Winona 19 25 x 18 Wolverine 50c 25c 28 Wyandot 1 90c 8 Yukon Gold a Pun:owlet' also pays accrued ult. d Price per snare, not per cent. e Par value 1500. k Par value $1,000. i Par value $10. i Par value $100 e Nominal. • Price per seal of par value. a Sale price. t New stock. a Ex-stock dividend. z Ex-dividend. tWithout par value k Last sale. y Ex-rights. 48 INDUSTRIAL AND MISCELLANEOUS SECURITIES [VOL. 108. Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. I Stocks. Par. Bid. Ask. Stocks. Par. Bid. Ask. GOodyear Tire & Per share. Per share. Per share. Per share. Rubber com_100 227% 230 -suet Monetype100 66 673j Pacific Mall S9.100 d 37% 38% Stromberg-Calrs_25 d 22 Preferred ____100 104% 1-year scrip 99 100 Packard Motor_100 108 8tudebakerCorpi00 5134 51 100 102% 2d pref Lauretitide Co _100 196% 197 Preferred_ _100 100 Preferred ..100 92 92 Gorham Mfg pf 100 85 95 213 PaIrpolut Corp_100 131 Lee Rub & Tire (t) d 21% Stutz Motor Car(t) d 4834 49 Gramme' Chem_100 170 Lehigh Coal & Pan Am Petrol Submarine Boat (t) d 10 10 Preferred ___100 104% 693' Superior Steel_ _100 Navigation —.50 d 69 71 & Trans com--50 d 69 36 3634 93 Gray & Dudley..100 Lehigh Val Coal 96 Preferred _ _ _ _100 118 120 First pref_...b00 9334 GtA&PTeapflOO 90 105 60 d 83 Sales 88 PeckStow&Wilc 25 d 34 Swan & Finch-100 100 105 50 GreatLakesTow 100 52% Leh & WilkesPennCoal& Coke 50 d 21 Swift & Co 24 100 x 12334 124 Preferred_ _ _ _100 Barre Coal_ __50 d 195 835( 215 Penn Salt Mfg_ 50 86 Tevas Company 100 184 85 180 Gt. Nor.Paper_100 200 Liberty Mills._100 225 98 105 PennSeabidSteel(t) d 40 Rights 40% 103' 103' GreatSouth Lumber Library Bureau.100 75 100 Penn Traffic_ _2% d 2% Tex P•cCoal&011100 1580 1620 GreatWest Bug _100 300 320 Preferred_ _100 x 94 Preferred.... 100 Penn-Mex Fuel-25 d 62 65 Thomas Iron ....6O d 25 Preferred_ _ _100 110 112 Lig&Myers 100 215 236 Pettit) Mulliken 100 45 Tide Water 011.100 208 25 225 Guantanamo Sug50 d 51 54 Preferred __-_100 107 110 let preferred_100 100 Tobacco Prod__100 94 81 813' Gall States Stee1100 60 62 Lima Locom___100 30 35 Phelps-Dodge CorPreferred ____100 1023' 103 let pref tr ctf.100 99% Preferred. ..100 70 75 poration ___-100 280 300 Torrington Co__ 25 dx 54 54 Hale&Kilburn Corp Lindsay Light___10 d 14 Preferred .... _.25 d 26 143 Pierce-Arrow Mot 4 Common __ _100 8 Preferred 10 d 10 Car Corp(no par) d 427 43 Transue & Williams 4 17 Preferred __ _ _100 23 Lit Brothers__ 10 d 24% Preferred_ _ _ _100 1013 102 Steel Forg ...(t) d 263/i a 3734 5 HallSwitch&Sig100 3 5 Loose-WilesBis_100 45% 1634 Trenton Pott_100 4 453 Pierce Oil Corp...25 d 16 8 Preferred _ _100 12 20 let pref 93% 100 Pittsb Brewing 50 d Preferred ._100 40 50 Harbison-Walker 2d pref. 91 100 Preferred_ Triangle Film..._5 d 1-16 50 d 83-i 3-16 Refractoriea _100 120 Lord dr Taylor_ 100 n 5 10 Pitts Coal(Pa)_100 Underw Typew_ 100 103 115 46 Preferred_ ._100 100 let pref 100 n 35 45 Preferred..100 Preferred..100 110 84 Hartman Corp_100 54 55 2d prat ._ 100 a 31 Plttsb PI Glass.100 120 Un B&P Corp.100 75 76 Hart, _Schaffner Lorillard (P)__-100 155 PIttsb Steel pf_-100 165 94 Union Carbide 90 & Marx _ .100 75 76 Preferred_ __100 105 110 Plant(TG) pref.100 x 92 & Carbon_no par 95 56 5031 Preferred _ _ _100 108 112 MacAndrews& PlImptonMfgCo100 100 Union Ferry(NY flask BarkCar-(t) d 43% 45% Forbes 100 185 200 Porto-Rican Am dc Brooklyu)..100 40 45 1 Havana Tob___100 3 Preferred. 100 90 100 Tobacco 140 Union 011 100 130 100 1183' Preferred ____100 2 Mackay Cos___100 5 733 Prairie 011&Gas 100 650 060 Union Tank L__100 105 713 107 Hawaiian Corn Preferred____ 100 64 65 Prairie Pipe L__100 275 280 Un Stock Yds 25 d 4634 & Sugar 473i Manhat Beach Co 3 Pratt&Whit pf_100 So Omaha__ _100 95 97 99 Helme ((1W) Co100 140 170 Manhattan Elea PressedSteelCar 100 63 United Alloy Steelt d 383' 62 383i Preferred_ __100 100 108 Supply .100 42 46 Preferred_ _ __100 101 Untd Cig Stores 96 13 Hendee Mfg--_ 100 let preferred..100 15 90 95 Proc & Gamble_100 749 850 of Am com __ _ 100 107 108 Preferred ___-100 85 88 Manhat Shirt_ _100 67 78 Preferred__..100 165 180 Preferred_ _100 108 125 Hercules Powder100 197 203 Preferred__ _100 100 Pullman Co.._ _100 116 120 United Drug...100 90 91 Preferred_- —100 105 109 Maple Leaf Mill_ _ _ 134 135 Quaker Oats_ __100 299 let pref 305 50 5034 80 d Herr-H-MarSafe100 10 15 Marlin-Rockwell Preferred_ _ _ _100 1003 102 2d pret....._100 85 90 ;Heywood Bros & Corp v c t d 78 80 Ry 811 Spring __100 76% United Dyewood100 8 58 76 Wakefield Co 100 162 Mathi's'n Alkali d 39 Preferred..100 105 Preferred 107 _100 Preferred....._100 90 Maxwell Mot _100 28 28 Reece ButtonUnited Fruit_ _100 166 Hock Val Prod_100 8 10 let pref 100 50% 51 Hole Machine 10 dx 123' 14 Untd Paper Bo'd 100 19 20 Holly Bug Co. d 35 45 2d pref 100 19 Reece Fold Mach 10 clz 23 73 Preferred .._ _ _100 334 75 193' Preferred-- _ -100 90 100 May (The) Dept Remington TypewUntdShMachOor 28 dx 44% 44% HolyokeWatPo.100 400 StoresCo corn 100 59 60 Common ____100 Preferred_ ..._23 dx 26 35 2634 34 Hooven Owens & Preferred_ _100 100 105 1st pref 100 81 80 U S Bob & Shut 100 80 90 Rentschler pf 100 85 100 McCrory Stores 2d pref Preferred._ __IN 104 100 101 00 Houston Oil cite 100 77 78 Common____100 17 22 Reo Motor Car_ _10 d 21 23% USCastIP&Fdy 100 14 .ilFA Preferred ctfs 100 70 71 Preferred...100 85 95 Repub I & Stee1.100 75% Preferred__ __100 42 75 4334 Div obllg...—F&A d 98 99 Merg Linotype - _100 z 133 1333' Preferred ._100 100 II 8 Envelope...100 190 98 Hutch Sug Pltn_25 d 20X Merritt' Oil 10 d 23 24 Preferred__ __100 106 Reynolds (R 109 Hydraulic Pr Br 100 53'e Mexican Petrol_100 179 390 US Express... __100 16 19 1793' Tobacco_ _ _ _100 370 Preferred_ _ _ _100 33X 36 Preferred....100 103A 107 B Corn 300 U S Finishiug_100 100 280 65 70 Illinois Brick_ __100 58 Midvale Steel ds 60 Preferred._ _100 106 109 _ Preferred..._ ..100 105 Illinois Pipe L._100 157 162 Ordnance 50 d 43 433' A dividend scrip_ _100 94 98 U S Glass_ 3134 Imperial 'lob of Midwest Refg___50 d 125 126 B dividend scrip_ U S Ind Alcohol 100 1023„i 103 94 98 Canada corn -5 d 5 6 Mitchell Motors (t) d Rome Brass&C_100 300 Preferred ___ _100 325 9331 9634 Indepen Brew'g_50 d 13 2 Moline Plow let Royal Bak Pow 100 122 U El Play Card _100 170 130 200 Preferred 50 d 63( pref. 100 96 94 Print Preferred__ S dc Litho U ..100 89 86 Indiana Pipe L._60 d 100 104 Montgomery Ward Royal Dutch Co(t)dx 75 common 77 15 101) 20 Indian Ref com 100 139 142% & Co. pret___100 108 109 Saco-Lowell Co_ 100 1373' 140 let pref 72 100 Preferred ...100 86 88 Morse Twist Drill 2nd Preferred_ pref __100 _ 100 93 07 35 2931 Ingersoll-Rand 100 170 175 & Machinery_60 d 193 Safety Car H&L100 US Realty & Im1.00 16 59 56 18 97 Preferred_ __ _100 102 Mt Olivet Cemetery St L Cot Comp.100 803' 8034 U S Rubber__ ._100 30 Inland Steel ..100 205 210 (Nashville) __100 95 100 St L Rocky Mt & let preferred _1()t) 109 110 Rub _100 .Intercont 10 13 Nashville Warett USSmRef&MIn 50 d 4434 Pacific Co___100 48 40 4534 Int Agr Cor com100 10 11 & Elevator_ _100 20 30 Preferred ____100 Preferred ____ 50 d 44 70 60 4794 Preferred_ _100 z 47 48 Nat Acme Co___50 d 28% 29 II 8 Steel Corp SantaCecillaSug100 .100 20 17 95 9534 Intern Banking_ 100 160 Nat Aniline &' Preferred..._100 11334 114 Preferred ____100 52 55 Inter Button Hole Chemical com100 12 17 Sapulpa Refg__ Vacuum Oil__ ._100 400 7 d 63' 410 Sew Machine_10 dx 3% 4Y1 Preferred_ _ _ _100 65 Vandalia Coal._100 75 Savage Arms _ _ _100 53% 53 5 Int Educational Nat Biscuit_ _ __100 105 Preferred ____100 110 Saxon Mot Cor_100 7 73' 12 Publlsh'g corn_ 50 Preferred__100 114 126 Scovill Mfg__..100 340 Va-Caro Chem_ 100 370 5234 54 60 d 2 Preferred. 4 Nat Candy___100 Preferred...._100 x 109 61% 1103' 623' Sears, Roebuck Int Harv (new).100 115 116 let pref. 100 Va Iron, C & C-100 & Co corn___ 100 175 57 176 60 Pref (new)_ --100 114 2d _pref _100 05 Vulcan Dalin_ 100 Preferred _ _100 120 a 1034 125 Inter Mere Marine Nat.Cloak&Sult100 Preferred_ .100 68 72 Secur Corp Gen_100 a 42 25 100 Corn 26% 26% Preferred _100 103 Waltham Watch100 106 10 Preferred _ _100 18 75 Preferred _ --100 112 112 NatCondult&C_(t) d 15 Preferred ...._100 16 Shredded WheatCo. 73 70 Inter Nickel__ 25 d 32 3 32 4 NatEnam&Stpg 100 Warwick I &St....10 d 47 47% Common 8 ____100 8 122 • Preferred __ _100 96 Preferred _100 91 Washburn Wire 100 325 Preferred 04 350 92 _100 Inter Paper.._ _100 30% 31 Nat Fire-Pinotg 80 d 534 Silversmiths Co 100 Preferred_ _ _1Q1) 105 70 1073' Preferred__ _ 100 75 Preferred.... 50 d 19 95 Washington Oil__ II) d 33 Preferred_ 93 37 100 Pret stamped-62 6334 Nat Lead 34% Wash Market..50 d 163 6634 Sinclair 011 & Raft d 34 Internat Petrol.- 1 dx 173 17% Preferred 100 10 66 5% 107 Wayland Oil & G..5 d 334 40 Warrants d 36 33' 100 Inter Salt 52 Nat Ref com___100 175 62 WellsFargo&Co 100 190 Singer Mfg_ _ _ _100 180 185 65 68 Inter Silver_ _100 25 Preferred -100 123 Singer Mfg Ltd_ _ El d 5 51 Weisb'cloCo corn l00 n 41 si Preferred. _ 100 80 90 Nat Sugar Refg_100 97 WestingAirBeke 50 dx 0 100 Sloss-Sheri MI.100 51 493' Int Text Book..100 17 21 Nat'l Transit 12.50 d 153 1634 Preferred 90 West'house, Church • . _100 85 Iron Steambt Co.10 dr& 13,i 3 &stomas Co of Cal Kerr & Co_ _ _ 100 x 63 200 Smyth 160 Co_100 • Mfg 67 lsl'd Oil & Trans 10 d ix, 63,1 preferred __ 100 23% 380 Preferred. _ _ _100 Solar Refining-100 360 80 86 JR Montgomery 100 90 New Departure West'hse 183 Elachtlf Southern 178 50 100 Pipe dz L 4134 413' Jewel Tea 100 30 31 Mfg pret____100 102 108 South Penn 011_100 295 let pref ...50 dx 59 300 70 89 Preferred.. _ _100 92 NewErisCotY'n 100 Westmor'd Coal_50 d 74 92 SoPortoRicoSug100 125 140 75 Johnson Tin Foil 255 Preferred...100 0 W Va Pulp&Pap100 125 110 Preferred._._100 102 175 & Metal..____100 70 100 NJ Zinc 257 S'west Pa P L_100 100 Weym-Brut Co_ 100 104 8200 Johns-Pratt Co_100 300 320 New Mexico (lc Preferred ... _100 100 30 Spicer Mfg com_100 25 105 C Stk Yds of Me Arizona Land-1 d 75 Wheeling Mould let pre( 85 90 100 85 Common _.--100 74 78 New Orl Brew..-100 1 Oc Fdy new corn Stand Coupler..100 95 Preferred_ _ ._100 75 80 Preferred._ _100 22 New preferred Preferred 100 54 Kayser(Jul)&Co100 103 115 N Y Air Brake_100 98 Wheeling St & 1.100 100 Stand Milling_ 100 113 120 145 let preferred_100 100 N Y Dock 100 White Motor...50 d 43 26 Preferred.._100 90 44 25% 8534 Kelly-Springfield Preferred_ _100 Willys-Overland _ 25 d 26 44 276 263' 4934 Stand Oil (Cal)_100 272 Tire corn 25 d 68% 69% N Y Shipb14-__(t) d 35 , New pret__-100 Stand 011 760 40 87 (Ind)_100 89 750 Preferred —_100 85 91 N Y Transit__.100 d 190 Wilson&Co vtc..100 200 Stand 011(Kan)100 525 73 545 7334 Kelsey Wheel..100 29 31 Nicholson Flle_100 z Preferred. _ 1 00 365 Stand 011 (Ky)_100 340 90 350 99 Preferred ___100 85 Niles-Bem-P'd _100 105 90 Winchester Repeat 109 Stand 011(Nob)100 470 490 Kentucky Wag_100 70 75 Preferred__ __100 95 Arms dep. ctf 100 Stand 98 050 Oil 708 of NJ-100 703 Keyst Watchc'e 100 Nor dr W Stboat 100 z 185 Common (new). 100 90 325 200 Stand 011 of NY 100 320 Kirby Lumber.100 15 17 North Amer Co_100 Preferred (new)44 47 Stand Oil (0111o)100 465 90 100 485 Preferred...100 64 67 N. A. Pulp & Pap.t d 2% Woman's LOCI HOW! Standard Sanitary 23' Kolb Bakery pf_ _10 Northern Pipe L100 105 Woods Mfg 82 110 Mfg coM— _100 130 Kresge (S 8) Co— Nova Sc St & C.. 100 Woodward Irou.100 52 Preferred _ _ _100 45 55 5834 New stock-100 100 Preferred _ _..b00 110 Preferred Standard 85 250 Screw 95 230 100 Preferred. _ _ _100 106 Ogilvie Fl Mills_100 215 Woolw'th(FW)_100 127 Preferred A 100 102 230 12734 Kress (SH)& Co100 66 67% Preferred. __100 105 Preferred._ __100 115 Stanley Rule & 121 Preferred _..100 103 105 Ohio Fuel Oil_ 1 d 15Y,, World Film. Level(NBr1t).100 340 8 d 1-16 . 3-16 380 IA Belle Ir Wks.100 100 103 Ohio 011 25 d Pump Worthin ton Stanley 325 Works 335 25 d 94 Preferred _ _ _100 114 Old Domin SS...100 n 00 115 & Mach•t 0_100 75 Steel Co of Can_ 100 53 64 55 643-1 Lackawanna St_100 66% 67% Otis Elevator._100 60 Preferred __ —100 Pret A•t c..100 65 85 89 95 9434 Lake Sup Corp..100 173( 17 1 1 Preferred_ ..100 81 Pret B•t(3_100 66 Stern Bros_pref _100 55 67 87 50 Lake Torp Boat..10 d Owens Bot Mach.25 d 48 50 Stetson(J B)___100 220 s 302% Yale & Towne _100 210 Lake of the Woods Preferred_ .....100 104 Preferred____100 109 150 k 147% Young (J 8)Co..100 120 Milling 100 154 165 Pee Coast Co...100 Preferred. _ _100 40 95 50 Stewart-Warner 105 • Preferred_ _._100 n 104 let pref 100 7934 Youngstown Sheet Speedometer 100 68 79 100 Landers, Frary 2d pref 100 100 55 & Tube 301 80 & Clark....2.5d 56 59 Preferred __ .16') 1083' a Purchaser also pays accrued dividend. b Assessment paid. d Price Last sale. a Nominal. s Sale price. Is cent. share, ka• per not .t ET-stock dividend. a Ex-cash and stock dividend. s Ex-dividend. y Ex-rights t Without par value. assn. Minimum prices established on Montreal and Toronto stock exchanges 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 form exceptions to the rule-that is, where the prices which few very instances a are There must in all oases be added on. account In making them. These are Indicated by a special given are flat prices, the accrued interest having been taken into mark, thus (f)., rate which the securities the column "to net" Indicate the basis on which the securities sell or the Interest price. market present the at purchaser the to net if held to maturity will rho figures in Bonds Bid. To Ask. Net. Bonds Bid. To Ask. Net. Bonds Bid. Ask. To. Net 4.80 Everglades Drainage Dist qan Mateo Co 5s '19-'42 J&J MAN b 6% 5%% 6s 1923-1935 Santa Barbara-5s gold Etch 4.75 Hernando CoJan 10 1919 to 1941 95 97 w 1944_1&J 5e • 4.75 Fund&High F&A 4348 g Aug 1943_ 4.75 4.80 Jacksonv Si May15'24 MAN Stockton S D 55 '19-'21_J&J _J&J 1'36 Jan 4.75 Imprort Si CANADA-See paps 50. 4.75 .1 434s Imp Nov 1936_MAN COLORADO F&A 1937 Feb 4%s 4.75 99 48 1922 opt 1912___M&S 9731 100 --- Jacksonville S D No 1Boulder Si Sept 1 1926_M&S 98 100 103 100 -I 58 April 1945 Canon C'y 5s '31 op'21M&N 98 97% J&J 94 4.75 Key West Si 1942 ColoradoSpgs48'29op'14M&S _J&J 1919-1944.. 55 Miami 4.75 194E 434 1 4s Ref. Water Mar 97% J&J 95 100 --- Orange Co 5s 1944 Delta Co 58 ref'30 op'20 J&D 98 98 1941.A&O ref 434e 100 100% Penscaola Denver Si Oct 1919__ 5% Si Aug 15 1928. _F&A 15 b 4.60 4.50% _-- Polk Co 58 Road 1021-40.._, b 5. 10 4.90 Tampa 5s June'55 op'25.J&J Denver (City and County)4.90 5s Mun Imp'62 op'32J&D 100 43.4s Water Nov '48_ M&N 99 ALABAMA 96 93 Garfield Co45 renewal Cl C 1956._ 101 99 FOREIGN 00VTS _-bs refdg May 1933 op '23_ 98 45 Currency fund'g 1920_,I&J 06 100 -__ Amer Foreign Securities Co4.20 Grand Jct 55 '26 op '21_J&J 98 354e renewal Jan 1956__J&J 90 --- 5% gold notes 1919_ _F&A 0934 99% Lake Co 4eNov'21op'11A&O 85 5 Birmingham 66 ref '23_F&A 9734 95% Anglo-French 55'20_A&O 15 97 --93% J&J 1931 Co 4%e 5 Las Animas 5546 March 1 1927 M&S 95 --- Argentine Republic4.75 Ouray Co-4s'21 op '11 F&A 90 56 Improy Sep15 '21 M&S 7 f s M&S 89 '09 Si -----of g b 4.75 • ._ 4.90 Internal 1 1021_114AS 4.75 Pueblo 65 Sept J&J Si School 1924 9834 99 J&J 4.75 PuebloCo4%eref'31op'21J&J b 4.90 4.75% --- 8% Trees bds May 15 192 55 Sewer 1938 British-Cons234e op'23.Q-J 1 5934 4.75 Pueblo Co S D No 20 43-41 Si Fund Sep 30'41 MAS30 434e War Loan'25-'45.T&D 9931 "ooij WES b 4.004.75% 1932 4.80 Jefferson Co-6s 1921__Ak0 5347 notes Feb 1919.P&A 10131 lot% 100 4.80 Trinidad Si '32 op '22_A&O 09 J&J Si July 15 1920 § 1001x, 53.4 g notes 1919__Ni&N 4.80 J&J 454i July 1 1931 98% 554 0 g notes 1921__MAN 983 4.80 J&J CONNECTICUT 4}4i Hospital 1983 534s g Feb 11037...... F&A 10151 101m J&J 99 4.80 46 July 11036 Mobile-Si Sewer 1942MkN b Government Chinese 4.70 4.60% --A&O 4.80 Ansonia 434e 1919-44_ J&D Si School 1943 4.30 6% Treasury notes Nov 4.80 Bridgeport-43.4e CH'18J&J Si Dock Nov 1 1947 MAN 97 MAN 95 1919 4.30 J&J 4.80 4341 Bridge '10-'65 4e Refunding 1937A&0 70 4.30 Hukuang Rye Si £_JAD15 67 A 1019-35_F& 4.80 School 43.4s '39J&J &Sew Wat 4541 or on red 1806 5s of 4.30 J&J 4.80 43-(i July 1 1925-1941. Mobile Co Si ref 1928__Me3 Aeco 82 before 1933 4.30 A&O Hsi) 4.80 4311 1919-1946 Si Ref 1931 4.30 454s of 1898 £ red on or F&A 4.80 4s Corp July 1919_ J&J Si Road Feb 1932 72 Mdc before 1944 4.80 55 Sewer 1923-1947 J&D Si Nov 1 1947____M&N 95% Cuban fis 1944 op 191L M& 95% '27_J&J 4.80 Bristol-4s Funding 46 C H & Jail 1926_ J&J "Internal" Si Nov 28 191 J&J b 4.40 4.30 4.80. Danbury-4s 1920 Montgomery-65 1924 JkJ 87 MAN 28 82 optional A&O b 4.40 4.30 4.80 334e Oct 1041 Se Street Pay 1923_ _ J&J 85 "Ext'l" g 434e '49 op_Fle A 82 J&J 4.80 33-46Sch & Ref Apr'32 Ak0 b 4.40 4.30 Si Funding 1940 ..F&A 92% 1049.. Si g "Ertl" --05 4A&O -46'24op'0 Eflartford 4.80 454e Water 1928.......A&O 4.80 4s Funding '39 op'29.A&O 91 ------ --- Dominican Republic43-is Sch WW&Sew'44.7k.1 Cust's adm s f Si '58..FAA 93 4.80 1E Hartf Fire D 48 1931_A&O Montgom'y Co-Se'35_A&O 5 ;Fairfield Co 4%e C H '45..14J 96 ------ --- France (Republic of)Selma-Ss '27 op '10 M&N IGreenwich 4346'19-'24 J&J 99 ------ --- 5% National Loan not red before Jan. 1931_Q-F 18 v 9156 $161 Greenwich (Borough) ARIZONA 534s cony notes 1919.A&O 10431 105 4.50 434i Funding 1919-38 IAD 100 ------ -__ 454e ref Apr '38 op '28 J&J15 German-334s opt____Ak0 I HartfordMaricopa County S D No 1 New 4.irr befAprl'18A&O 4.80 4ys Im notes '20-'27_J&D Mar 56 March 1933 4.80 3s g June 1 1955.... J&D 82% ------ --- Hawaii, Territory ofPhoenix 454s 1950 op'30 J&J 100 Imp '41 opt '31___F&A 98 49 Dist 4.80 School Hartford 1933 Si School Mar 100 41 Imp Sep3'42op'32.MAS 98 4.80 4s 2d North '24 op,'04_J&J 97 -----Si Jan 1 1954 op 1934_J&J 100 M&N 98 15 48 May '46(op'38) -----89 N 1931__Mk 4.80 South 354s J&J Prescott-5e 1948 100 '37) 08 F&A (op 4s Aug 1947 MkS 80 ------ --4.80 334e South 1955 Tucson-5e Water 1950 J&J 96 33-4/I Imp '21 op 1911_J&J 94 4.80 Meriden (Town) 434. WW Mck10'38 MicS10 3541 1919 to 1924_ M&N b 4.55 4.50% --- Italian Government ARKANSAS bds(Sept'18) g 10-yr 534% 08 J&J 1922_ Middletown-4e Ft Smith-Se 1926._ A&O jacj 97% 5% Int 1928-1941____J&Ju $140 $150 334s 1921 eim W W 1919-1928__MAN 4.30 Japanese Government,New Britain 4eJuly1'27F A A St Francis Levee Diet4341 £ '25 or '10__FAA150 88% 87 J&J 95 5.50 3341 Sewer 1924 (Is Oct 1 1943 opt '33_JkJ 4%s £ 192 opt 1910 (2d 5.50 New Britain (Town) J&J 66 1047 opt 1937 J&J 10• 86 88% series) 5.50 , 334e Sch 1929 op loo_F&A 01 J&J 53.4s 1945-1984 di £ '54 opt '10_J30 & D31 5.50 New havenJ&J Si 1949 opt 1029 192E e 75% after di Jan '31 opt 4a Sewer 1919-1925_ A&O 04%% 4.40% CALIFORNIA - Neth'd Gov Si 19-'30 F&A 334. Oct 1919-1924__A&O 9734 -----434sUniv bldgJan5'21-65J&J b 4.50 4%7 Philippine IslandsJ&J 924 , 46 Town 1939 4345 Ilighw 1036-11_ _J&J 3 b 4.50 434 96 dig L Fur '34 opt '14_Q-F 90 -----&J 03% 4% 4.50 b 1919-1920_1 op'50_.1.9.1 ---,! 33.4i Town 4s Herb Imp 1985 96 44 P Wks & Imp 1935.Q-M 90 London 46 Sch '27 JAD 95 -----45 Highw July 3 '19-'61_J&J b 4.50 4% F&A opt '18_ 90 96 1938 Impt 4s 92 J&J '41_,I&D to 1928 4.801 334e Water Alameda-4s '19 96 , 4s gold Dec 1 1948___Q-M 90 4.80 Norwalk-43(8Jan 15'54 J&J 95% 4%s Mun Imp'10-'48A&O Philippine Ry-see under Steam RRs _J&J 94 ------ ___ 4.80 4s g May 1035 Bakersfield Si '19-'52__A&O 100 98 ___ Porto Rico-4s 1919-33_J&J J&J 4.80 33-s Water '29 op 19_J&J 043.4% Berkley Si 1942-1951 100 4s Jan 1 1937 opt '22_JacJ 98 ___ 4.65 4.80 Norwich-431s 1939._ __WAS Si School 1019-1955_ _J&J J&J 98 100 4s Jan 1 1944-l950 MAS 94 4.70 is 1930 Los Ang-4%s'19 to '35 J&J 100 45 gold 1919-1958____J&J 98 93 7J&D J&J 4.70 Dec31'19-'3 3%61925 Town OR 43.4i 100 _J&J 98 Road 1927-1930 44 4.70 Orange-48 g Fund '23_ _J&J 96% -----Herb Imp'19-'51JkD 4 J&J 98 100 4s 1927-1930 reg 4.70 South Norwalk 451i'42MAN 95% 43.4a El plant '19-'51 J&D Q-M opt of 1902 46 i.i6 Russian 4.70 Stamford 4s Park 1942 MAN b 4.50 43,4i Aug 1 '23-'42___FkA Wladikawkas 49 Jan 13'57 4.70 4%s School 1919-1945.J&J b 4.50 4.40 4a W ann 1019 to '45 MAN 35 optional 1916J&J14 25 Jac.1 4.70 Wallingford4s g 1919 to 1930 62 634 %creditJ'ne18'19J&J10 58 4.701 48 High Sch 1919-'46_JAD b 4.50 nis Water '19 to '41 A&O $145 1E40 '28_PAA14 lot Loan % b 4.50 4.70 Waterbury4%eSch'19-21J&J 434a Bch 1919 to '44_JacD 53 5 % Ext Ln Dec'21_J&D 50 4.7.3 43.(e Water 1919-'7E _J&J b 4.50 4.40'l' Los Ang Co 4348'l9-'49 F&A $120 4% Int Loan 1924_Q-M 14 4.70 43-4s School 1022-1953 J&J b 4.50 4.40 Oakland-534i '19-'43_F&A Swedish 4-334a 1920_ F&A 4.70 46 Water 1920-'49._ J&J b 4.50 4.40% 4%s Mun Imp '19-'43F&A Switzerland 49 optional.J&D 0 J&J 4 0 4.4 7 J&J 4.70 49 Park 1919-1958_ 43.4e Jan 15 '19-'47 MAS 99 99% 57 notes; 1920 4.70 334s School 1919-'32 J&J b 4.504.40% 4349Sch&c.Tne'19-'51 J&D United States of Mexico4.80 West Hartf'd 434s,'43_J&D 98 Oakland 13 D 48 '19-'44_J&J e 66 70 '45_Q-Jan Ln Ref Ext g 5s -----97 1024....A&O '19245_.4.80 -4s 58 Willimantic Co Orange J&D 43 45 gold 1954 J&J 99 4.75 Windham-43-461944 Pasadena-4sJan'19-'42 J&J A&O E '19-'38 , 4.75 Pl't DELAWAR Wet 43-4s 4.40 FOREIGN CITIES, &c. 4.75 38 Dec 1 1927 op '02_ _J&D Palled E3 D 4346'19-'22 Sep 15 ----4.50, Amsterdam 48 1900-'01_Adc0 J&J 4.80 NewCaatleCo4346126-34J&D Redlands-5s '22-'51 4.50 Bordeaux (Fr)6e '19 __.M&N 10134 101% 4.80' 4s Ref Dec '19 to '24_J&D Riverside Si 1919-53___J&D of 1901.M&N la 4.50 Copenhagen MAN _J&J ' '25-'54 to 4.80 1920.. Si 334e 1919 Co Riverside 102 Havana-let 65 1939___Q-J 99 4.75 Wilmington-43.4e '22 _A&O O 4.65 4.50% Sacramento 4s Jan'19-'45 op 101 Q-J 99 2d 65 0 4.75 434s St A Bovr 1934__A&O 4.65 4.507 43-4it Sew dt Dr '27-'34 J&J 101% 101% Si 19M&N Fr) (City, Lyons b 4654.50 4.75,, 4s 1928-1937 Bacranfto Co434s'19-411J&D 101% 101% _MAN 88 '19_ (Fr) 4.50 Marseilles ! 5 7 . 4 O & A 4.65 M&S b A&O '53-82 Bldg-Con WW'19-'54 Si SanDiego 434s Paris(City of)66 1921.A&015 99% 99% J&J 4.75! 4s t & Sew Apr 1925_ A&O O 4.65 4.50 0 4s 1919-1941 San Juan (City of) Porto Hi co4.75! DIST OP COLUMBIA 434a Wh & Har'19252.1&J Si Ref & Imp 1922-38_J&J b5M% 43% 97 F&A 92 4.70 3.658 Fund cur 1024 San Francisco 5s g'19-'55J&J Sao Paulo (City), Brazil4.70 FLORIDA Si Muutc 1019-1960 J&J 7% 6% Ert g bds 1919-28 J&J b 8% b 5.25 5% 4.70 Dade Co.5s Oct.'47-'54 MAN Ss 1919-1939 Tokyo (City of) 5s of 19124.70 Duval Co 5348'32 op'12MAN 102 -----A&O 4%s April 1922 AS 81 82% beg'17-52M f Red ann s J&D 100 4.70 Si Road 1939 3348 g July 1 '19-'44_ _J&J J&J 100 4.75 Si Armory 1044 9anJoanulnCo 5e '10-'40 J&.T basis of $css 2-3 to the S. I In London. Basis. cOn basis of $5 to the S. d On the basis of 4 marks to the dollar. I Flat price. h On the per 1.000 franc!. n Nominal. s Bale price. t Dollars per 1.000 rubles, flat. u Dollars per 1,000 lire, flat. I, Dollars UNITED STATES-Se e also pagol9 2s Pan Can Nov 1938Q-F 98 25s Postal Say 1931-36_,J&J 95 3s Conversions 1946-47_Q-J 85 3s Treasury notes _-_ _Q-J -t Gov S U of ities Instrumental 101% Fed lom L 43s'37_M&N 100 Fed F'm Loan 55'38_ M&N 103% 104% Fed F'm L bonds issued by First Jt Stk Ld Bk,Chic M&N 100% 103 55, 1937 Liberty Jt Stk Land Bk Salina, K,5s'38M&N 101% 101% U. S. Possessions-See Fore Ign Go Vt. p. 49 50 STATE AND MUNICIPAL BONDS Bonds Bid. To Ask. Net. Bonds. Bid. To Ask. Net. [VoL. 108. BONDS Bid. 2' Ask. Net. CANADA Macon-58 July 1923.....Q-J S 4.60 4.407 Polk Co 4%8'22-'32 A&O 156 4.70 4.50% Dominion of Canada4548 Oct 1926 _ 4s Court Wee '19-'24 A&O b 4.70 4.50% b 4.60 4.409 99% W W 1919-'36__J&J b 4.60 4.40% 5% gold notes 1919__F&A 99 Sioux City4348 3 A&O 97% 98 4s Pay & Sew'20to'39_J&J b 4.60 4.407 4s Jan 1919 opt 1914_J&Jb 4.70 4.50% Se 1921 A&O 96'% 98 Rome 4548 1926 58 1926 J&J b 4.80 4.604 WaterlooA&O 973% 97% 48 Munic bldg '25-'39 A&O b 4.80 4.60'' 0 _ 4%s W W Jan 15 '30.J&J b 4.80 4.65% 5s 1931 3.,I&S 953% 96 Savannah-4%8 ref '43_J&J b 4.60 4.407 0 58 Mar 1 1937 Woodbury Co 5s '25-'32 J&J b 4.70 4.50% 434s Drainage 1944....FAA b 4.604.40% 534s Vict Ln Dec'22_JAD 993% 4348 refunding 1959...F&A b 4.604.40% : 534s Vict Ln Dec'23_JAD 993% 100 534s Vict Ln Dec'27_,J&D 101 Valdosta 5s 1919-'42.. Jan 4 5E0 10134 KANSAS 101 534s Viet Ln Dec '33..J&D 100 Atchison Co102% 534s Vict Ln Dec'37_J&D 102 5 4s Refund '29 op'14J&J IDAHO Alberta, Province ofEmporia5.75% 43.4s May 1 '31 op '21___J&J 5 5 deb May 1 1925_M&N b 4.50 430 Dec '29 op '19_ F&A 4348 Highway '35 op 25 J&J 5 4.50 EmporiaSD434s'32op'22.11&J 4 % f deb 1924_ F&A b 63% 5.75% J&J 7 43(s Highw '37 op '27_ J&J Calgary 5e 1933 5 4.50 Ft Scott 4348 '35 op '10 M&S 7 48 Jan 1 1934 op 1924 J&J 58 June 15 1935___J&D 15 4.50 GalenaJ&J 7 Blaine Co 58 Feb'22-'31_J&J 4.80 5s W W 1919-1943 __J&D 158 July 1,1945 4.80 7 4.80 Hutchinson-5s 1931_ A&O 4.80 Boise City 58'22 op '12_J&J Galt 434s Apr 18'31_A&018 7 4.80 4348 Pub Bldg'61op'31J&J 434s E1Powrne5'31.J&D5 14.80 BoiseC'ySD5e'25op'15 MAN Shoshone CountyKansas CityGuelph7 5s 1919 to 1924 op'15.J&J 4.80 5s Feb 1 1919-1925._F&A b 4.70 4.50% 58 Cons debt 1920____J&J b 6% 5.75% 434s Wat&ElL '19-22A&O b 4.70 4.507 Halifax N 4s July 1945J&J b 6% 5.75% ILLINOIS 4s Sch Bldg 1929__J&J b 4.70 4.50 56 Jan 1951 A&O b 69 5.75 • Chicago 4s 1919 to 1924_J&J 4.40, 434s Wet Plant Pur'39J&J b 4.70 Hamilton 48 1922 A&O b 67 0 5.75 0 48 World's Fair 1921__J&J 4.40! 434s Refg Feb 1 '29__F&A b 4.70 4.50%4.50 48 Apr 1 1932 4.40: Leavenw-434s '19-'21_J&J 4.70 J&J 48 g 1919-1925 48 Elec L & P 1941A&O b 6% 5.75 0 J&D 4.70 4.40j Morris Co 431s 'l9-'23....J&J Lachine P Q 5e 1954 CA' 48 g Judg 1919 to'24 J&J 4.40, Sedgwick County48 g Gen Corp '19-'25_J&J Maisonneuve Q7 48 1919-1931 4.70 513 Fund 1925 op 1915 J&J 534e May 1 1919 _M&N 4.40 J&J 53.48May 1 1930 _-_M&N 48 Ref Wet 1922-1935_J&J 4.70 4348B'ge Oct'27op'17 J&J 4.45 So Park 4s '19 to '24_J&D 7 4.70 534s May 1 1936____MAN 4.45 Shawnee Co-48 1924_M&N FAA 6 Lincoln Park 48 1923_J&J Manitoba 58 1920 4.45 TopekaMAN No W Pk 434s '20-34 J&J b 4.90 4.60% 6 4.60 58 Top Wat Sept '26 _J&J 48 gold 1930 6 W Chic Pk 48 '19-'31_J&J 4.60 48 Drainage July 1 '29J&J 4348 Elec Light 1929_J&J 4.45 Montreal4.60 Chicago Sanitary District4s Water April 1 '24_A&O JAD 6 4.60 Se Dec 1 1945 4.40 33j8 Refund 1919 434s July 1 1923-1926_J&J 6 4s Dec 1 1919 to 1923_J&0 4*(30 4.40, Topeka S D 48 Jan 1925 J&J 58 of Nov 1 1956___M&N 6 4s Sept 1919-1931 M&S 4.40' Wichita43.48 May 1954 J&J 6 Cook Co-4s 1919-'25_M&S 4.60 4.40 58 1929 opt 1919 J&J 43%s Jan 1944 MAN 6 48 Ser K 1919-1931 _J&I) 4.60 434s 1923 481925 4.40 A&O -.MAN 1927_ 6 48 Ser M 1919-1933__J&D 48 reg May 4.40 Wichita School District------ 4.60 6 411 Forest Pres'19-'34 A&O 434s July 1 1923 48 May 1 1933 £____M&N 4.40 J&J MAN 6 334s g 1919 to 1923_ J&J 4.40 Wyandotte County48 May 1 1944 4.60 6 334e Rfg May 1939M&N East St Louis 4%8 Bridge '32 to '41F&A of 4%s ref Sept 1 '28 Sept 1 4.70 New Brunswick,Prov J&J b 67 5.757 Joliet-5s 1919-1925._M&S 3%s Jan 1933 4.60 Moline 434s 1919-'32__ _J&J 48 April 16 1921__A&O 16 b 6 0 5.75 4.60 KENTUCKY J&J b 6 5.75 Peoria 4%s'19-'24__June 1 b 4.75 4.60% __ J Tax-exempt: an amendmen to ill e Canal 'Su48 July 3 1930 J&J b 6% 5.75 lion of Kentucky passed at the Noe. 19 18 else ion 460 Rock Island 58 1919-1923.. 48 1932 opt 1902 O 5.75 0 ions Springfield 334s ref '20 Sept 48 1932 opt 1902__F&A 15 b 67 4.60 provides that all bonds of mum ipal e J&D b 6% 5.75% breatg asa111" now issued or hereafter to be iss tad es" 434s Dec 1 1925 exempt. North Vancouver 58'60_J&J .75% INDIANA (see fool-note o) CovingtonNova Scotia,Prov 48 119 J&J b 69' 5b 4.70 4.60 J&J b 69, 5.757 43js W W 1919-1951 oBooneCo4sCH'19-'20 MAN 4.45 48 Jan 1 1920 M&N b 67, 5.75 48 Redemption 1922_F&A b 4.70 4.60 Cass County48 May 1 1920 0 5.75 o48 Bridge 1919-33M&N15 o 48 Water 1927 4 45 J&J b 4.70 4.60 58 Jan 1 1926----- _-_J&J b 67 48 Fundg 1952 op '42 FAA b 4.70 4.60 0 Ontario,Prov of,5s'20_ F&A b 69' 5.75 oCrawfordsv 4t3'19-'20__J&J o ------ 4.45 J&D b 67 5.75 4.45 Fayette CountyoEvansville-48 Ref'32_15a 88 Dec 1 1926 M&N b 6 o 5.75 4.80 J&J o4s Ref 1942 431s g Fund '19 to '24 J&J 4.45 43.4e May 1925 MANS 6 5.75 4.80 oFloyd Co 48 1919-'30_ J&J 4e1941 ------ 4.45 Frankfort 434s'27opt'17 J&J 445l Franklin Co 58'19 to'24 J&J 4.80 4s March 1 1926M&S b 69 5.75 oFtWay-3348.Jan 18'20 J&J. 0 4.451 Harlan Co0 5.75 J&J b 67 334e 1936 oFtWayneS D 48'19-'23A&O 4.80 0 5.75 5s Rd & Bldg '22-'40_M&S °Franklin Co 4s'19-'30_J&D 4.45 Ottawa City 50'19-'45 J&J b 67 Lexington°Hendricks Co4%s '25,'34,'35,'44_J&J b 6% 5.75 4.60 48C HJe.n'15123'32J&J 15 0 48 Feb 1945 4.45 FAA 3%e Sew Sep 26'28_M&S b 69 5.75 4.70 0HuntIonCo 3%e'19-'24J&J 4.45 Lexington S D 4s 1938..J&D Quebec,Province of0 5.75 A&O 66347 1 1920 Indianap-4s Mar 1 '24.J&J LouisvilleSe 103 J&D 66%7 0 5.75 413 Park Imp Jan 1'27_J&J 4thli Hospital 1951.. M&S 101 4 34o 5s June 1 1926 100% 103 048 Fire DeptJ'ne 1'41 J•fa 4 s School impt '5 4.30 Quebec City 58 April 1920-- b63%% 5.75 98 J&J b 6% 5.75 4.30 03%8 Hospital 1936_ J&J 0 4e tin Imp 1923_ __J&J 97 434e 1922 334 gold July 193O J&J b 67 0 5.75 033-4s City Hall 1939_J&J 0 48 do Dec 1 '28 Q-M 96% 98 4.30 0 5.75 98% J&J b 67 j&J 97 4.30 48 Park 1930 °Indiana!)S D 4s'19-'26 J&J 0_ 334e July 1 1931 J&J b 69' 5.75 4.30 48 Ref'g July 1 1937 J&J 97 o45 Bldg Sept 1 1946 J&J 334e Jan 1 1931 J&J b 6% 5.75 0 -0834 FAA 97 4s Sewer 1947 334s July 1 1933 4.30 03%e July 1 1941_ _J&J 0 100 J&J 1929 4s Louley W Co 1946_J&J 99 58 Jeffersonville-Regina 6% 100 03348 Refund 1925__M&N 4s Loulsv Wet Co'50 FAA 99 St Boniface,Man,58'31_Th..12 6% 80 38 g Ref'g 1940___M&N 85 Three Rivers 5%8'20 Mat N2 oKnox Co-4e 1919-'20_J&D 80 °Kokomo 48'21-'26-'31_M&S 334s Refunding 1943_J&J 85 Toronto 58 1919-1936 J&J b53 5%7 85 86 J&J 4%e'20op'15J&D ewer b53 38 1923 1941_J&J Park 5% & oLafayette 434s % 0 J&J b5% oLa Porte Co 58'19-128...f&D • McCracken County434e July 1 1924 553/ 5 J&J op'16 1913.51&S 3348'26 • op J&J 1933 1925 eLoganept 1 Ref 5s July 41.48 4.80 i Jt i 58 Ref 1933 op 1923_M&S 04ge Sch H'19-'37 J&D 15 43.48 July 1 1948 -4.80 '27_J&D op'11J&J 1949 Marion Ref Owensboro-48'31 -4s Co 4.30 1 43%s Jan 4.80 J&J b5% 0334e Bridge 1924._ J&J 48 Street 1930 op'15 _J&J 4.30 434e July 1 1953 J&J b5/ 93348 Refund 1925___J&D 4.30 Paducah434e Jan 1 1955 4.70 °Rict Michigan CityA&O 48 St Imp July 1922 J&J b53 48 Oct 1 1920 04 s School 1920-24_J&J J&J b53/9 5%4 4s July 1 1948 4.45 LOUISIANA mond-4s 1927___M&S 0 4.45 334e July 1 1944-'45_ _J&J b5Y1% 5%% Sch C 48 1919 _F&A o oRichm 4.45 5s Port Comm'n '20-'54 A&O b 4.85 4.657 Vancouver, B C4.43 58 Port Comm'n '24-'59 J&J b 4.85 4.65 6s 1919 opt 1917____J&D 8 e St Jos Co3%e'22-'24_A&O o FAA o 0334e 1919-1926%Tr's notes'181205.1&S 4.45 5s Port Corn '23-'55......J&D b 4.85 4.65% 6 4.45 4%s Ref 1919-1964____F&A b 4.50 4.35% 4 s Nov 30 1924___M&N 6 °South Bend-4s 1925._J&J 0 District-School &S9 Bend 9'22M South 434s Pt Comm '25-157.M&8 b 4.85 4.65% t Imp Sept 6 F&A o 048 Apr 17'19-'27_ 4.45 Atchafalaya Levee Dist4e St Imp Sept 9'27M&S9 6 Haute 9'32_M&S0 58 Ref 1949 op 1939_M&S 102 413 St Imp Sept 6 Terre 04s Oct 1 '27 opt '17_ A&O o 4.45 Bossier District Levee100 VIctoriaBC434sJan21'24J&J 99 99 1930 F&A 10334 FAA o Sewer 4.45 & 1922 opt 1912____M&N 101 5s Feb 1 1919 100 04s 4.45 Caddo District LeveeWinnipeg, Man,58'44..A&O b 6 5.75 oTerre Ii SchC4e'19-'31M&S o 102 J&J 0 y oVigoCo4%Dec16'19-27.1fr 1951 51 J&D op b 1941 4.45 6 0 5.75 58 June 1 1926 b 6% 5.75 58 Oct 1926 4.45 Fifth District Leveeo48 Bridge 1923 5s 1950 opt 1940 J&J 9934 b 69' 5.75 40 June 1 1934 J&J 99 58 1952 opt 1942 48 Aug 1 1946____F&A 15 b 69 5.75 _ INDIAN TERRITORY (See Oklah oma) fis Oct 15 1962 op '52 A&O 99 58 Oct 15 1963__A&015 99 IOWA GEORGIA M&N 4.65 Lafourehe Basin LeveeBoone 4348 1919-'31 J&J b 4.25 . 1922 4sj 44s So Jan 1954 opt 1944_J&J 10034 J&J b 4.25 ref 1935-1945 4.60 4 Burlington 434s'19-'33M&N Cedar Rapids Lake Borgne Dist LeveeJ&J b 4.25 uly 1 1926 J&D J&J b 4.25 4.60 50 Dec 1952 opt 1942_J&D 100 48 1919 334e Jan 1919-1935 J&D New OrleansAlbany-Se 1945 4.70 Cedar Rapids School Dist78 gGS &DS July'22J-eq 100 MAN 4.60 Athens-Se 1922 4.70 431e June 1 1921_ _J&D J&J /330 Council BluffsAtlanta58 Premium 434s Wat-wks'19-'30M&N J&J 4.60 4.40 411922 Lis Premium (dr num)_J&J /350 4.70 43%8 Fire Eng Wee'20 J&J J&J 4.60 4.40 4 s Jan 1 1940 4.70 48 Floating debt '48_A&O 70 Council Bluffs School Dist4 s Sewer 1919-'40 J&J 4.60 4.40 48 Constitutional '42_J&J 903-4 4s ref July 2'20 op '15 J&J 48 Water May 31 '23..J&J 4.60 4.40 4s Public Impt 1950 opt 4.60 91 Davenport 48 1919-'29 MAN b 4.654.509' 1942 (old iss) 334e July 1 '31 &'33 J&J 4.60 4.40 0% 99 j 8 MAN 4.60 4.40 Augusta-5s 1921 Jt DavenportSD4348 1921 J&D b 4.65 4.50% 4s Pub Imp '42 op '28 j 4%s Sch Bldg 1925._ _J&J b 4.65 4.50% 434e Red May 1 '24_M&N 4.60 4.40 o Orleans DistDes Moines 5s '19-'21 454e Flood Prot '42_M&N 4.60 4.40% 4.40 58 July 1959 opt 1929_J&J 1023j 58 Municip 1919-1957 M./ 4s refunding 1934____J&J 4.60 4.40% -4.40 Plaquemine Parish E BankMAN A&O 4.60 4.40% 334e April 1930 4.40 58 Oct 1952 opt 1942.A&0 90 -----4348 1919-1031 Brunswick-Se Jan '21__J&J 98 48 City Hall 1919-213..J&J 4.40 Pontchartrain District100 -Des M Ind S D 434s'32_J&J DleMt_&N 107 -----Chathe'm Co-58 1919-_J&J D 68 1944 4.40 5 Dubuque Co 4%8'21-'31J&J b 4.65 4.50 Clarke Co So 1923-'41__J&J b 4.90 4.70 Red River A & B B A&O 100 -----Fremont Co 5s '19-'35J&J b 4.80 4.65 Columbus 5e 1919-'22 ..J&J b 4.60 4.40 53 1950 Series B 58 W W 1919-1944 ..J&J b 4.60 4.40 Greene Co 58 1920-25._A&O b 4.80 4.65 5e Mch 1953 op '43-M&S 100 FAA 100 Jackson Co 58 1919-30.A&O b 4.80 4.65%..... 58 1965 Ser D 434s Refunding 1939_J&J b 4.60 4.40 0 Marshalltown Ind S DShreveportJ&J b 4.80 4.70% WW&Sew'19-'54 J&J b 4.85 4.70% 4%8 July 1922 431e O'Brien Co So 1920-25_ F&A b 4.80 4.65% _b Basis. f Flat price. Nominal. •Tax-exempt; under a law approved Mar. 9 1903 and which went into effect Apr. 23 1903, bonds issued after that date by State or municipal corporations are tax-exempt, and these sell on a better basis. s Sale price. 40 4s1 Bo rids 51 STATE AND IVIUNICIPAL BONDS JAN., 1919.] Bid To Net. Ask. i Bonds Bid. To Ask. Net. Bonds Bid. To. Ask. Net. 4.30 KoochichingCo 5s'19-'33J&J Holyoke--4s gold 1927_J&J 97 5 5%s Ditch 1921-1935_J&J 31is Dec 1919-1932__J&Db 4.45 4.35% MAINE MinneapolisJ&J 97 Lawrence 45 1924 100 as June 1 1919 4.40% 4.60 5 1919-1920_J&J s % 43 Impt 4.45 4s Mch 1 1919-1922_ _M&S M&S ,4.35 4s Sept 1 1919-1953 J&D b 4.604.407 494s 1921-1925 2c:45;70_ ,4.35 Leominster-4s g 1926_A&O 96 4s Highway 1919-1936_M&S b 4.604.404 4%s 1926-1935 Lowell-4s Water 1920.M&N 99 Auburn-3%s 1925____J&J b - 4.50 J&J b 4.604.40% 4%s g July 1920 Lynn-4s July 1927..._..J&J 97 J&J 4.50 4.40% 4s 1935 & 1940 b 4.60 4.40% Mch 1919-'37__M&S 4.40 4%s 1 3%s April 1932_ _..A&O Augusta5 4.604.40% 434e School 1941 MAN 97% Malden-4s 1924 F&A 99 4s Ref1919 b 4.604.40% 48 Jan 1927___J&J School 4.40 1 33.s Water July '24_J&J 4.40 Bangor-4sRef Water'35J&J MAN b 4.604.407 4s May 1 1927 4.30 1Marlborough-4sJuly'26J&J 96 is Fund '20-'30 tax ex.J&J b 4.604.404 Jan 1 School -is 1935J&J Medford 4.40 JAD Bath 4s Ref 1941 48 Improvern't 1937__J&J b 4.604.40% F&A 94% 4s Feb 1930 _ Biddeford 413 '19-'35_ _ _MAN b 4.70 4.50% ___ b 4.604.40% 1942_J&D 43 Inaprovem't 102% _ 5s 1 Apr tax-ex'pt 1919-'28 Cumberland Co 3%s J'ne '21 98 45 1944 A&O b 4.60:4.40% Melrose-4s June 1924_J&D 97 Gardiner Water District. b 4.604.40%, : 1 3%s School Jan '29_J&J 1928 FAA 96% Methuen-4s J&J 92 48 Jan 1934 33s Water-Wks '32__J&J b 4.604.40% Middlesex County-Kennebec Water DistrictCo 4.25 Ramsey to 1924 1919 D 45 3%s g 1920 & 1925__MAN b 4.80 MAN 4.50 4.25 3%s May 6 1921 Milton-3%s'19 to'32_ F&A Kittery Water DistrictRed Lake Co-5%s'20_AeizO New Bedford5s Jan 1919 to 1938.._ _J&J 101 4.25 St Louis Co 5s 1923-29_J&J b 4.604.40% 4s Water Apr 1 192()_A&O LewistonSt Paul43 Sewer 1919-41 (taxA&O 96% 4s g Oct 1927 4.15 58 Refg July 2 1922-31J&J b 4.604.40% MAN exempt) PortlandJ&J b 4.604.407 4%s July 1935 F&A 96 4.35 FAA ,s 1923 33 4s Aug 1 1929 43.4s Park June 1 1943J&D b 4.604.40 Newburyport4.35 Adc0 '45 Hal11926to 4sCity b 4.604.40% -1 July '43_J&J Sewer 4%s 33s Water '19 to '34_J&D b 4.50 4.40% 4.35 48 ugh Sch 1937 4%s Water Aug 1 '43 F&A b 4.604.40%1 • Newton3%s g Ref July 1922__Jda 93 b 4.60,4.40% .. J&J Refgfly2'22-'31 4.25 4%s 4s Water Aug 1935 ..F&A Portland Bridge Districtb 4.60,4.40% 434s Nov 1 1931 3%s Water Dec 1026_J&D 94 4.40 4.30% 3%s July '19 to '39__M&S 1939_ 1 M&S b 4.604.40% . March Ref 4s NorthamptonPortland Water District4.40 4s Sew'age July 1 '39_,J&J b 4.604.409w .J&J 3%s g 1919 to 1920. J&D 96% 48 Funding 1928 b 1940____MAS 1 4.604.40%' March 4s 4s 3 Sep 4.50 Quincy '19-'22.MAS 98% A&O Saco 4s Apr 1939 4.40 3%s April 30 1922MAN b 4.604.40%14:70 3%s April'19 to '39_ _A&O Washington County5%sref'33J&J 4.50 Paul St South to 1919 1920.J&D Salem-4s J&J 97 4e 1928 opt 1923 4s Jan 1 '32-'54 tax-exempt b 4.30 4.20% Waterville-4s g Jul! 1 1927 95 1 SomervilleM&S 36 3%s Sept 1935 MISSISSIPPI 4s July 1919 J&J 99 4.50 53(s Apr 1929-1934___A&O SpringfieldJ&J 4 50 4s 1919-1934 3%s School 1935 87 MARYLAND _J&J ..4.50 1921-1935 1 July s 4 1930 JAD Sewer 85% 3s 1921-33_FAA15 4.25 4%8 Aug 15 J&J 4.50 J&D 97 4.25 Taunton-4s 1927 43s July 1 1936 45 1926 to 1928 Jan , 4 50 4s State Jan 1 1919 J&J 4.25, 33.s Sower Dec 1 '30_J&D 90 4s 1923 opt 1923 _14.50 3%s Refund Jan 1 1927_J&J 4.25,' Wakefield..130 4s Jan 1 1929 14 50 4.40 3%s State 1934 op '14 _J&J 4.251 4s Water 1919-1933_A&O F&A 4s 1919-1929 _J&J 4.80 Greenville 6s 1920 4.25 WalthamIs Roads 1919 -1930_ _ FAA 1927_MA8 Sept 4.80 J&J 1920 Refund 5s 98 July 34s 4.25 3%s July 1919 opt 1914_J&I Jackson 53.4s July 1 '33_J&J '5 4.25 Watertown-4s '19-'34 J&J 97 3%s Roads 1923 to 1928_ 4.45, 5s Water Aug 1 1928_F&A 4.80 _J&J 33s 1919 to 1929 Annapolis 4%s W W'42A&O • 1.80 FAA 5s Water 1930 WinchesterBaltimore, J&D 1.80 . 1 1932 1 Dec June Sewer 5s '19-'24J&D 98 4s 4.35 30% ..M&S b 4 1919-55 Mar 1 4 • 1.80 Meridian-6s May '24_May "_ Worcester-4s 1922___AticG 98 M&S b 4.35 4.30% 4 E! Mar 1 1955 4.10 JAD .80 1939 1 '23 Dec Jan (tax-exmt)_J&J 5s 48 MAN 95 1920 48 Nov 1 t.S0 45.s Sch House 1941_J&J 33s April 1 1922....__A&O 97 MAN 95 45 Water 1926 Dist Levee Mississippi FAA 95 1951 4s Aug 1 MAN 534 58 May 2 1944 JAD 95 is Annex 1954 J&J 5% 5s July 1 1953 MEXICO MAN 95 48 Parks 1955 MAS 5% 4%s Sept 1934 See Foreign Gov'ts page 49 M&S 95 4s Mch 1 1961 VicksburgFAA 95 4s Aug 1 1961 4.80 5s St Impt 1919-'32_ F&A J&J 92 3%s July 1 1930 4.80 4%s Sewer Dec 1 '28_Dec o) J&J foot note (See MICHIGAN 89 3%8 Imp 1940 Yazoo-Miss Delta Levee Dist Alger Co-5s Road '22_ F&AI t, March 1945_ ___M&S 38 1917__J&J 5.10 option 1947 60 District School Ann Arbor 3 s Refunding 1952 J&J 85 MAN 5.10 5s 1924-1954 A&O 45 Sept 1935 3 &Wage Imp'80_A&O SO J&J .5.10 1949 July 43is Creek J&J Battle 86 90 Jan 1 1927 3 4..60' 4e 1952 option 1922 _J&J 5.10 45 City Hall 1927-'36_ F&A Cumberland 4%WW'41A&O Bay CityF&A 4s Water 1923 M&S 5s 1920 FrederickMISSOURI J&J J&J 43 1934 4s 1919 opt 1903 oBay Co-5s Dec 12'19.JdcD Hagerstown3%sCapB1dg '19-'25 op_J&J b 4.454.257# o4s Ref Dec 15 1923_J&D 5s water 193S-1987 _A&O Kansas CityCalhoun Co4%s Sept 1 1930_ _ __M&S b 4.40 4.35% _ 4%s Road 1919-26__A&O MASSACHUSETTS Ois March 1 1933__MAS b 4.404.359' 440 May 1919-1922 __MAN 4.30, Detroit4s Market House '24_J&J b 4.404.353 _ 4s 1919-52 (tax exempt)Var. 4.10 04%s Pub Lib 1948.J&J 15 101% 103% J&J 6 4.40 4.359' 45 Water 1924 o4s Aug 15 1920-28F&A 155 4.50 4.40% 33.s gold Nov 1923_ __MA N 96 -----4.40, 4s Park Jr Bout 1924_ _J&J b 4.404.35% 48 Sewers Apr 1 '22_ Adc0 J&J 90 3 s July 1 1935 M&S b 4.40 4.35% 4.40 48 Sept 1 1930 o4s March 1 1944.. _MkS J&J 88 3 H Water 1942 4.40, Kansas City School Disto4s School 1946 - _MSc N M&S 85 33s g July 1944 b 4.4014.35%: J&J 4.40 43s July 1 1933 3)-5s Park 1930 M&S Adc0 88 38 April 1 1929 J&J b 4.40,4.35% . 45 July 1 1927 oEscanaba 4%s 1919-30 J&J MAN 88 3sg May 1929 J&J 4.60 4s July 1 1930 4.40,4.359 oFlint 4%s 1919-'39___F&A...,_ 38 Met Sewerage 1936_MAS 82 -----J&J b 4.404.359 _ 45 Bldg 1932 Grand RapidsJ&J 80 33 g July 1 1939 J&J b 4404.35% . 4.50 33.s Jan 1923 4%s Flood Protec'33.MAS 3s g Water Jan 1 1941 J&J 80 -----J&J b 4.404.35% . 4.50 3%s July 1925 43 Water Nov 15'29_ MAN Arlington-4s Water '22 J&J 98 -----_ 4.75 Lafayette Co 3%8 1921_J&J 95 96 Highland Park 5s 1928.. J&J Attleborough-4s 1924 _J&J 97 -----4.75 Little River Drainage Dist04%s Sept 15 1034.. _M&S 3%s March 1935____M&S 88 -----534% b53-% Holland-4s Ref '19-'23_ Feb 53's Oct 1919-1933__A&O BeverlyPettis CountyKalarnazoo-o 4%s Sewer 4s Sewer 1919-36____Adc0 It 4.50 4.40% 99 4.70 & Imp 1919.'25 4s 1919 opt on 1908__MAN 97 J&J Boston97 4.70 St Joseph 48 1923,_F&A 96 100 Lausing-5e 1919 to'23_JAD 4%s Tun 1960 tax ex.Adc0 99 M&S 96 97 4.70 43 Water 1920 45 1924 Adc0 99% J&J 4s Water 1919 MAN 96 97 4.70 J&J 98% 4s 1926 Marquette 34s 1926_ J&J Is Park 1920 J&J 93% St Joseph School DistrictMuskegon40July 1930 4.80 4.70 4%s 1925, 1930 A 1935 5s Water 1919-'25____j&J 983. Is Apr'19-'37(tax-ex) Adc0 97 4.70, St Louis983 4%s W-W 1919-'44___J&3 /i 4s 1919-1939 (tax-ex)_J&J 97 103 93% 4.70 4%s Bdge-Compl '35 A&O 100 Is May 1 1934 Is Tunnel & Sub '48_JAD 01 MAN 97 96 Muskegon School District4s Sub 1957 tax ex.A3c0 950 96 y 1 48 Insane Asy'm '28_A&O 4.70 4s Public Impt 1928 _J&J 96% -----58 1942 91 4 96 _ July 4s Sub 1958 tax ex.J&J 1929.. A&O 4s Public Bldg 96 97 Muskegon County4s Tun.dcSub'59 to,xes.J&J 94% 963" 4.701 45 WW Renew '31 MAN 96 97 4%s Jan 1 1932 J&J 35-is Imp Sew'age '19_J&J 983-( 99% 963 J&J 94 4 4s School 1937 96 Pontiac3 s June 1 1923____J&D 95 4.701 4s School 1938_ ____ _J&J 94 4%s W W Imp'31-'47M&S 96 3 s June 1 1924____JAD 933/i 965% 90% 96, 4.701 3.658 Ren Jun 25'27_JAD 92 Port Huron-48 Ret'g 1919.. 3 s June 1 1932____JAD'89 90 4.70' 33 48 Jan 1 1932 J&J 3 s June 1 1934____JAD 88 ,s April 1'1925__ _A&O 4.70 J&J 87% 89 y, 334s g April 1 1922__Adt0 3%s Park July 1 '20.. J&J 96% ._ 3 s July 1 1935 Springfield 513 '32op'17_JAD Saginaw-3 s June 1 1943____J&D 84% 86% 4.60 4%s Vat May 1 '25.. MAN 33s June 1 1944____J&D 8434 8634 86 4.60 J&J 84 3%s Wat Mch 10'20.MAS 334s July 1 1945 MONTANA Sault Ste MarioJ&J 953's 973/i 30 an 1 1921 4.70 Billings 5e 1934 op '29 _JA.) 4.70 4%s Bridge July 1 '20.J&J Brockton, 4s May 1927 MAN 5 4.40 '19 op '09 J&J 4.40 4.70 Bozeman-5s 5 b 43 gold 1 July 1932 33.s Water 1932____MAN 4.70 ButteWyandotte-4%s 1934_JAD BrooklineJ&J Funding 1922-1936 4.80 5s J&J 983' 1923 to 4s Water 1919 Butte School District No 1Cambridge4.80 4%s 1924 opt 1914_ _J&J 4.25 MINNESOTA 3%s Water May'25_MAN Cascade Co-43'21 op'11J&J 4.75 4.25 AitkenCo4%sDec'19-'24Aug FAA 3s Bridge 1941 op '15 J&J Co--13s'25 4.80 4.40% Custer 4.50 b Co 13eltratni 4 %s'19-'24Jdc D Chelsea-4s Park 1936_A&O 4.80 53s Ditch 1923-34__JAD DeerLodgeCo5s'19op'09_J&J Everett-4s Sew 1929_ _MAS b 4.50 4.40% Falls 3roat Brainerd-5s Nov 1919-1929 Fall River4s 1923 option 1914 _J&J 4.80 Cass Co-5s Ct use'22 A&O 4s Municipal 1922.._ F&A 98 Great Falls Sch Dist No 1Duluth3%s Water Feb 1930 FAA 913' 4.80 4.60 4s 1925 option 1915_M&S 5s g Water & Lt 1926 J&J Adc0 98 Fitchburg 48 1922 4.80 4.60 &lens 5s 1931 opt 1916 J&I 4%s g July 1 1926_ J&J 93% J&J 35s Water 1926 4.80 4.60 Belem)S D No 1 430'22J&J 4s g Water & Lt '28 A&O Gardner1919__J&J Co 4%s Jefferson 4.80 4.60 4s Water & Lt 1936.._A&O 96 Ms Water 1919-1934_MAN J&J Kalispell be 1933 4.80 Duluth Ind School DistGloucesterClarke County A 55 Lewis 4.65 May 1 1923 MAN 3%s Water'19to'31_A&O b 4.50 4.40% J&J 53'4s C H g 1919 4,80 4.65 4%s Feb 1 '40 op '30_ FAA J&D 96 Haverhill-4s 1927 4.80 4.65 Lincoln Co 58 '32 op '27 J&J 42 1934 opt 1924____A&O 5s Fund Mch'31 op'21J&J 4.80 Hennepin CountyMO '14 op '24 4%s Missoula 4.50 4.80 434s Ct II Anr 19 b Basis. f Flat price, a Nominal. •Tax exempt; under a law approved May 13 1909, and which went into effect Sept. 1 1909. bonds issued after that date by municipal corporations are tax-exempt and these, accordingly, sell on a better basis 52 STATE AND MUNICIPAL BONDS Jo Bonds Missoula County42 Ref 1921 opt 1911_ F&A Phillips Co58 Ref Dec 1935 op '33J&J Yellowstone CountyCis Ref 1919 op 1908__J&J Bid. Ask. Net. Bonds. Bid. l'o Ask. Net. [VOL. 108. Bonds. Bid. To Ask. Net. Kearny 43,4s 1936 F&A 4.75 NEW YORK (Concluded) 434s April 1962 A&O 4.75 Albany (Concluded) Lodi-5e 1919-1947_ _ __J&J 4.80 45 High Sch 1919-31 FAA 4.25 4.80 Long Branch 5s 1943_ MAN. 4.85 33-is Pub Imp 1919-24F&A 4.25 4s June 1 1935 JAD 4.85 Albany Co-3346'19-25 FAA 4.25 4.80 Lyndhurst33,4s Aug 1 1926 FAA 4.25 5s Sewer 1919-1957__ J&J 4.80 4 lis 1936-1937-1938_ MAN 4.25 Mercer Co-4e 1933__J&J 4.55 Amsterdam 5s Wat 1919-37.. 4.30 NEBRASKA 4s Road 1933 JAD 4.55 Aubu'n-43,4sDec6'19-'31JAD 4.30 4.60 Douglas Co-4s'19-'28 A&O 330 April 1941 A&O 48 Water May'19-'25 MAN 4.55 4.30 J&J 4.60 Middlesex Co 4346'24-'34J&J 33(. 1922 4.50 4%s 1925-1934 4.30 3 Fund July 1920-1939_ Grand Isl 43.1s '25 op '10J&J 4.70 4%s 4.50 Binghamton 4s'28&'29_F&A 43/ Uncoln-434s 1919...F&A 4.70 4s Imp 1919-'32_ _A&O 4.50 4. Sew Disp '22-'36 FAA 4 43,4sRef'20to'29op'20F&A 4.70 33,4s Bridge '22 to '31_J&J 4.50 33,4s Bridge 1935_ F&A 434 4.70 Montclair 4s Sch '41_A&O 4s Ref 1919 op 1909_MAS 4.50 Brooklyn-d-Os 1924 _J&J 4.35 Lincoln School District4.50 515 Bridge 1919 43.e H Sch Bldg '44_JAD J&J 4.35 4.70 43.46 1924 opt 1909__MAN 3 s School 1932 4.50 46 Bridge 1926 J&J 4.35 4.50 Morris Co-4s'35 op '05 J&J Mar Omaha 434s 1919-21 4.551 4s School 1920 J&J ] 4.35 4.50 J&J 43,4s Renewal 1924 434s 1942 opt 1922 Ric., 4.55 334s g 1919 to 1937_ _J&J 4.35 4.50 Morristown 434s '19-42.J&D 434. Mar 1 1932____MAS 4.601 3 s g July 10 1925_ _J&J 4.35 4.50 Newark-4%s 1944_ _F&A b 4.55 4.35% 43.e Refunding 1934_J&J 33s gold 1927 J&.1 4.35 101% ___ 58 1919-1958 434s W W Dec 15 '41_J&J 100 J&J b 4.554.35% 3 s g July 10 1934 J&J 4.35 4.50 5s Street 1919-1944J&J b 4.55 4.35% Omaha S D 4%s 1928J&J 3 a gold 1936 J&J 4.35 J&J 4.50 434s July 1931 434s Dock 1959 3s Bridge 1925 FAA b 4.554.35% J&J" 4.35 4.50 J&J 4. Jan 1919 434s June 1 1960b 4.55 4.35% __. Broome County4.60 So Omaha434.'24 op'09 JAD 431s Sch Dec 1 '45_ JAD So Hospital 1919-33_ MAS b 4.404.30% . 5 4.35% SouthOmahaSD-5s'23 J&J 4.60 4s Refunding 1923_ MAS b 4.55 4.35% Buffalo-7s 1924 A 1925 J&J .fia" JAD 4.60 58 Dec 1929 4s Sch House 1959 op 1949 b 4.55 4.35% 6. Parks Jan 1 1024.. J&J . 4.25 40 PasValSew'olop'51JAD b 4.55 4.35% __. 430 Nov 15 1933__ _MAN 4.25 NEVADA 33,4s 1929 JAD b 4.55 4.359 43,4sSchNov15'19-'33MAN 4.25 1909_J&J Reno-5s 1924 op 3346 Track Elev '54_F&A b 4.554.35% 434s June 15 1944_JAD 15 4.25 4% WashoeCoSD5s119to'29MAS Vailsburg 43,4s 1934_ J&J b 4.554.357 434s June 15 1964_JAD 15 4 25 New Brunswick 4s'22_MAN 4.50, 4%s 1919-1968 JAD 4 25 4%0 Aug 1 1919-57F&A 4 50 4s Feb 15'62 op'32 FAA 4 25 NEW HAMPSHIRE North Bergen Ss 1941__JAD 4.80 4s School Aug 1 1929..FA A 4.25 No Plainfield 5s 1919-1954_ 133is Hospital 1919"25_ _J&J 98 -----4.80 4s Serial 1919 to '29_ FA A 4.25 4.25 1919-35 MAN Ref Nutley 55 1933 Berlin-4s JAD 4.80 4s June 15 1919-'30_ JAD 4.25 J&J 4.50 4.25% Ocean City-Se 1944 Concord-4s 19?3 FAA 4.90,1 46 June 15 1960 J&D 4.25 J&J 4.50 -----334s 1924 to 1929 Orange-5s 1923 to '32_J&J 4.55 334s Park Reg 1927..F&A 4.25 JAD 4.50 55 Water 1938 Dover 334. '28-'31 FAA 4.55 33,4s Water 1919-35 WES 4.25 A&O 4.50 Laconia-4s 1924 4346 Sewer '19 to '21_ A&O 4.55 Elmira-4s 1935 MAS b 4.504.30% Manchester04s School 1943__ __JAD 4.55 43,46 Water 1919-1945A&O S 4.504.30 -----4.50 '19_A&O 4s Sch House 1934___JAD 3341 Fund Apr 1 ,4.55 434s Apr 1 1933-1935____ S 4.504.30 A&O 4.50 Nashua-3s 1923 Passaic 434s 1919-'40_ M&S 4.501 330 Redemp'19 to'21J&J b 4.5014.30% FAA 4.50 5s Imp '20-'48 Pembroke 4.'24-'34 MAN 4.50' ErieCo43%6'19-'36tax-ex J&J 4.23 Portsmouth 4. g Sch '23JAD 4.50 -----434s School 1942____ J&J 4.50, dFarRockaway 59 '19-'21J&J 4.40 4s Ref Water 1932____J&J 4.50 -----434s Ref 1944 MAN 4.501 Franklin Co 43.0'31-'40 NUS 4.25 JAD 4.50 -----Rochester-4s 1922 334s 1919 to 1920___F&A 4.50 Fulton-3.40s'19 to'29 JAD 4.30 Passaic Co-46 '20-'24. J&J 4.50 Geneva-4s Water '26_A&O 4.30 Paterson-5s 1919222_A&O 4.55 Glens Falls-434s ref sewer 43r 1933 to 1944___MAN NEW JERSEY 4.55 Aug 31 1919-1928_ F&A 4.25 4.75 434. Feb 1 1945_ Asbury Park-66 1924_JAD F&A 4.55 Haverstraw4.12.'19-137MAS 4.30 4.75 40N C Hall '23 to '32_J&J 43j8 School Jan 1943_J&J 4.55 Hempstead-d-4s g 1923_JdrJ 4.30 4.65 Perth Amboy 434s Apr 1944_ Atlantic City-56 1925_JAD 4.60 Herkimer-430'19-'27 MAN 4.30 4.65 4%e School 1938 40 g Water 1926___J&J 4.60 HomelLsville--3346 '21_F&A 4.30 4.65 J&J 434s Funding'19-'27_A&O 434s Water 1945 4.60 Hudson-4s Wo.t'19-'22 July 4.30 4.65 Plainfield-4e'19 to '34_ JAD J&J 434. Paving 1938 4346 High Sch '25-'32 A&O 4.50 4.30 4.65 Jac.) 4s School 1959 4 s Water 1944 MAN 4.50 Irvington 4.108'20-'36_Ak0 4.30 4.65 Rahway-4s Adj'22 op MAN J&J 434s Jan 1 1945 4.75 Ithaca 4.30s'27 op var__J&J 4.25 Jard 4.65 Ramsey Sc Water 1021-'40_ 4s Water 1930 434. Ref Water 1942_ J&J 4.90 4.25 Ridgefield 5s July'19-'31J&J Atlantic Highlands4.85 Jamest'n 4s Mch 20'43_A&O 4.25 4.90 Ridgewood 5s 1919-'26 FAA 4s g Sower July 1 1928 J&J 4.60 dKings Co 4s May 1 '19-'44 4.35 4.55 J&J Fund 1928 -Se Riverside Sc 1925-'32A&O Bayonne 4.90 Kingston 3348g '19-'36_ A&O 4.30 4.55 Sea Isle City 5s 1943_ _FAA 6s Water 1920-1943_ JAD 4.90 434s 1919-1925 A&O 4.30 4.55 So Orange-4s'19 to'44_J&J 4s Funding 1931JAD 46v lIsland City-4 4.65 Lon 4.55 Summit 4%a Soh 1941_F&A J&J 4 s Jan 1 1933 4.60 43.c 1919 to 1923 MAR 4.35 4.55 4o1933 4sFloating Debt 1928 J&J MAN attar Sep 1 1920_MAN 4.60 4.35 Trenton 434. May '24_MAN Bolleville-56 Fund 334s Wat May 1 '20_ MAN 4.45 4.35 4.90 1924-1934-1944___MAN 434s Water 1943 A&O 4.45 Madloon Co 43,48'19-'29 Febl 4.30 4.90 46 Fund 1934 4/411 Funding 1945 A&O 4.45 Middleport 4.356'19-'42 JAD 4.40 4.90 46 City Hall 1939_ _JAD Belleville S D 5.'27-44 MAN 4.35. sewer '19-'39_ -TAD 4.45 4.40 4.50 33,46 Bch Nov 1 1929.MAN Bergen Co 5. Dec 1 '19_JAD 4.45 Middletown-3Ms'31_ FAA 4.30 4.50 Union Co 434s 1937 JAD M&S 5. Dec 1 1944 4.55 Mt Vernon 4346'31-'43_ A&O 4.25 4.50 4;is 1942 56 Dec 15 1919-1955JAD15 M&S 43%. Soh 1962-'73_ _MAN 4.55 4.25 4.50 A&O 4s Oct 1 1942 1919-1939 A&O 46 Sewerage'50-'55__MAN 41: 4.55 4.25 4.50 Valleburg-See Newark. 5s Jan 2 1919-1928 _J&J2 4 s Aug 1919-1938_ F&A 4.25 4.50 Weehawken-4346Fd'20.F&A 4.86 5s Jan 2 1938_ 4. ridge '19 to '24 _F&A _JAJ2 4.25 4.50 434.Funding 1919-28.J&D 46 Court Hs.'19-'3L A&O 4.85 Nassau Co-43.e'20-'29 J&J 4.25 4.80 Westfield,Bloomfield 5s '19-'23__ MAN 434s Ref 1922-28_ MAS 4.25 4.50 5s June 15 '19-'60_ JAD Camden-430 Wat '23_J&J JAD 4.60 43%I 1938-1943 4.25 4.50 West New York 56 '36_MAS A&O 44 Dock 1930 33.Court House'30 MAS 4.75 4.25 4.50 WildwoodNewburgh 434.'19-'34_ FAA 4 s School 1943A&O 4.25 4.50 MAN 1929 4;is Sew 1919-1957_ FAA Paving 4s 4.80, NewRochelle434s'19-22M&N 4.25 4.50 Camden Co 4341 1933_F&A 43is Mun Imp '19-35MAN 4.25 4.50 J&J NEW MEXICO 41 1944 II 4e 1919-1930 MAN 4.25 4.85 Ofe ref 1953 op 1933 _J&J 334.1919 to 1933_ _J&D Cape May-5s 1934___JAD 4.50 4.25 4.85 MAS 4346 1919-51 Dec 16 '52 op '22_ JAD 434s School 4.50 New York City4.85 4. Ref June '33 op '23_MA5 MAS 04. 1919-1952 434. June 1905 IAD 10134 102 4.50 4.55 4s Bldg 1929 op 1919_ MAN 434e June '19-'30 East Orange 434.'25-45 FAA JAD an% 102y 4.50 4.55 4s Fund 1939 op 1919_ MAS Ak0 (0 19 1 d6 48 1934 4 ) 3may 1957_ mtS 4.50 M N 10134 102 4.55 4. Highway 1921-1944__J&J JAD 4. Water 1933 4.50 434e (01(1) 4.55 Albuquerque 434s '29_ MAS A&O s(new) Nov 1957 MAN 10131 102 24 330 Water 1933 4.80 4.50 5s W W Dec 1962 Elizabeth 434e 1953___A&O 434. Corp stock 1967.J&J 10134 10234 4.80 4.50 Beraalillo Co Ss'22 op'12.Y&J 43.69 Bch Jan 1 1955J&J 10234 4.80 sCorpstock'10-'32J&J 102 4.50 5s 1931 op 1921 J&J 45 1922 op M&S 9734 98% 4.80 434.1069 opt 1930 4.80 SocorreCo59 '41 op '21 AV) Englewood-48 Sep '35 MAS a 1960____ ------IMES 97 98 4.80 4.60 '53_F&A Road Co4346 Essex 98 43.'. Mch 1 1962__MAS 97 4.50 NEW YORK 450 L'd Purch '19-'46 J&J 43.0 Mch 1 1964__MAS 973-( 973% 4.50 4 s Highway 1963_ MAS FAA 107 434s April 1 1986 48 1926 A&O 9734 973% 4.50 43e Canal 1964 FAA J&J 106% 4s g Park 1938 41 Various 1936_ MAN 88 4.50 4s Canal 1905 J&J 1023- 104 4s Hospital 1946_ _ _ _FAA 48 Nov 1955 MAN 9234 9334 4.50 45jc Highway 1945____M&S 102% 104 3.656 Park '19 to'35_F&A 48 Various 1956 MAN 9234 4.80 43.c Barge Canal 1945 J&J Fairview-5s 1944 45 Various May'57 MAN 925 --55R 933.' 4.55 4s Canal Term 1942_ ...j,tj 973-i 983 Gloucester C043.8'19-'26 var 48 Nov 1958 MAN 923% 933% 4.55 4s Canal Term Jan 1940_ J&J 97 Hackensack-434s 1942F&A 9834, 4e May 1959 MAN 923% 9334 4.70 46 g High Imp Mch '58.MAS 97%, 98% J&J Harrison-41 1930 334e Exempt 1922 MAN b 4.554.35' 4.45 4. g High Imp Sep '58_ MAS 97% 98% Hoboken-41 1919____FA A 334e Bklyn M Sew '27 J&J b 4.554.35 0 4.45 48 High Imp Mob 1960_ MA8 J&J 98 4e 1940 334. g D'k 1927 Ex_MAN b 4.554.3599 4.45 4s Canal Imp July 1960_J&J MAN 3 61931 3 s g Exempt 1941.MAN b 4.504.359 98% 4.45 4s Canal Imp Jan 1951_J&J 101 5s School 1919-1054 J&J 3 1 Exempt 1942MAN b 4.504.35% 4.50 46 Canal Imp July 1961_J&J 99 Hudson Co-434s 1948_A&O 334. UT 1948-1950_MAN b 4.504.35% 4.50 4. Highw Imp Mch '61_MAS J&J 98 434s Road 1923 3 s g Exempt 1952_MecN b 4.504.35% 4.50 411 Palisade Park 1961__MAS 979 434. May 1 1950_ ___MAN 984 334sg Exempt 1953_MAN b 4.504.35 4.50 46 Canal Jan 1962J&J 97% 98M. 4s g Park 1959 &'54_MAN 843 4 ) 334. g Exempt 1954_ MAN 83 4.50 4s Highw Imp Mch '62_MAS 4s County Bldgs '46..F&A 3 sg Water Ex'54_MAN 83 8484 99 3 4.50 4s Highw Imp Sept'65_MAS 97% 4s gold Ref 1935____F&A 85 98% 334e Exempt 1955 MAN 84 4.50 4s Canal Jan 1966 J&J 98Yt 983 3346 Bridge '19 to'20.A&O 85 336s Stk April 1 '84_ A&O 84 4.80 4s Canal Imp Jan 1967.. J&J 973 Irvington 5s School '63_JAD 4 98Y MAN b 4.554.359' : 334e Nov 1 1929 4. HighwImpMch 1987.. MA8 973% 98 Jersey City3.30s Co '19-'21 Ex___J&J b 4.50 4.40(7' 3 4.45 4s Palisades -Park 1967_M&S 97% 5s gold assess 1924__MAN 3s g Dock 1924 Ex MAN b 4.504.40 983 4.45 3.gold Jan 1 19236s Water June 1 '21-IAD J&J 92 3s g R T 1950 Exem_MAN b 4.504.40 96 4.46 35 g Jan 1 1956 434s Refunding 1928.J&J J&J 92 Niagara Falls-48 Nov 1921 96 4:5) . 4.45 3s g July 1 1958 J&J 4348 School 1945 J&J 92 4.10% Sewer 1935-40 J&J 96 4.50 4.45 3s g Canal Jan 1 1959.. J&J 92 4346 Water 1961 ..A&O 4348 School 1021-26....FAA 96 .._ 4.50 4.45 Albany 6. 1919 MAN 430 Sch Mch 1961__MAS 3s 1942-1945 4:25 MAN 4.50 4.45 4(a June 1 '19-'28__JAD 430 Park Mch 1961M&S 4.50 4.25 North Tonawanda 46'24A&O 4.45 4 s Water 1919-34 MAN A&O JAD 4s Water 1932 4.50 434. 1919-1925 4.25 4.45 JAD A&O 48 1935 43e Oct 1963 4.30 4.25 Oneida Co-330'19-128F&A 4.45 430 Water 1932_ _MAN 48 Refunding 1949___FA A 4.25 Onondaga Co 3s '19-'29_J&J b 4.404.25% 4.45 4; 0 1 1919-1054 JAD 33,4 Refunding 1920_JAD 4.25 4346 1919-26. J&J b 4.404.25% 46 Park 1920 to '30__ MAN I 4.25 6 Basic 4 Now part of New York City. I Flat prim. it Nominal. 4.80 Bonds. 53 STATE AND MUNICIPAL BONDS JAN., 1919.1 Bid. To Ask. Net • Bonds Bid. To Ask. Net. Bonds. Bid. To Ask. Nsi. 4.30 Sandusky 5s 1919 to'28 F&A NORTH DAKOTA 4.30 4.30 Orange Co 3s'19-24_ Feb 1 Springfield 5s'19 to '21 M&S 4.30 4s Fund'g Mar 20'21 _M&N 4.50 Ossining-4s '19-'42_M&S *53 1931-1934 4.30 Grand Forks4.30 Oswego 4%s '20-'29....M&N '19-'21M&S 1 Sep Big 4%8 4.80 4.80 5s Refund May 1924-38_ Mc° 4.30 3%s 1919-22 M&S 4s 1921-1925 4.80 4.50 Renville Co 6s Mar '22 4.60 Penn Yan 4.355'19 to'31 Oct 4.80 SpringrdSD*5s'20 '39_J&J2 4.3U oliard Co 4s July '25 _J&J 4.60 Po'keepsie 4%8 1922...._ F&A Steubenville *58 '19-'35 M&S 4.30 4.30 3}is 1919 to 1930___M&S _.A&O 1919_ s To1edo-44 OHIO (See foot-note') 4.30 Putnam Co 4%5'19-'29 F& A 4.45 *4}is Gen Imp Sept 15'20 M&S 4.35 *Akron-5s 1923 . 44.4400 . Queens Co-48 1927_ ..J&D 4.45 *4}is Sept 1 1928_ M&S 4.58 '19,'20,'24 & '28_Var 4.35 J&J '21 g 4.30 Co-d4s Richmond Bdge '28'33&'38 F&A 430 *55 __4.45% 4.55 b A&O Water 1919-1953_ __ 4.25% 4.30 Rochester-4%s Fdg Apr '44 b 4.40 A&O 45 1926 4.45 *5}is W W 1924____M&S 4.30 418 Jan 15 1933Jda b 4.40 4.257 ___ 4s Park July 1 1942 _J&J, 4.45 WWDec31'19-37J-D31 4.30 4 s Municipal 1945_M&S b 4.40 4.25% ___ *4% 4.301 3}is Refunding 1930.M&N A&O 45 W W 1942 4.30 4 s Sch 1919-1945___J&J b 4.40 4.25% ..__ Alliance 4.30 Toledo Sch Dist-4s'23 to '29 4}is '27-'32 _J&D J&J b 4.40 4.25% 4.30 43(s 1919-1936 -'34_M&S 1929 5s Co Warren Bridge 415}is Co Ashland 4.257 4.40 b J&J 1927 4.50 to 1922 48 4.70 Youngstown'05s'19-'25 A&O Oct 15 '19-Oct 1 '23_A&O _-_ 4.50 48 Imp Sch &c'19-'47_J&J b 4.40 4.25 A&O 1919-1957 *434s 4.30 4}is '21&'24_J&J Co Butler 4.25% 4.40 b J&J 1946 Jan 48 Youngstown School Dist*433F1-Emerg'21-'31M&N 4.60 4s W W Imp 1947__Jda b 4.40 4.257 ___ M&S 1944-1947 }is *4 4.35 ___ Cambridge-43s'19-'34 J&J 3%8 Imp July 1 1924_J&J b 4.40 4.25 4.35 Zanesville-*5s City Hall J&J 45 1923 4.60% 3}is Ref 1933 op '13_,I&J b 4.40 4.25% --_ 4.90 b __M&S 1920-'39__ Mkt dr. 4.75 M&S Sew 1953 35.0 Bridge Sept 1 '21 J&J b 4.40 4.25% - *55 4.75 *55 Sewer 1931-1937 M&S 4.30 Rockland Co-45'19-34 M&S OKLAHOMA b 4.604.45% --1953_M&S Sew Canton-*5s 4.30 '24_J&D to '19 3%8 Fund 0 - -- 4%s Oct 15 1924-'33_A&O 15 100 4.457 4.60 b D Fund 1919-37_J& *5s 4.30 Rome 43(s Sept 15'31__J&J 1919-27_1__F&A 100 4s Funding 4.30 4.30 4%8 Water-Wks '30 M&S Rye--5s Mar 10'19-38_ M&S 4.30 Ardmore-5s 1922_-__M&N 100% 4s '21,'22,'26& '27_F&A 4.60 Saranac Lake4}is'19-26M&S 48'22-'31_F&A 97 Co Canadian 4.60 Canton S D 4.458 FireHouse'10 '39J&J 4.60 Muskogee-4%s 1925_M&N 100.79 *55 Apr 8 1954.--A&08 Saratoga SpringsM&N 100.64 1924 1 Nov 4.60 5s 4.50 *4.40s 1956 43(s Park 1919-40___A&O 4.40 58 Funding 1929____M&S 101.06 4.30 Cincinnati-*4}isSt '32 J&J Scarsdale 4}is '20-'45__J&D M&S 101.48 1936 Sewer 55 4.40 J&J 4,4}is July 1943 4.30 Schenectady 58 '19233_J&J 4.40 Okla City-5s'37 op'22F&A 100.24 -M&N 4.30 *4%8 Park 1953 48 1919-1931_A&O M&S 101.48 Water1936 5 4.40 Sewer 1955_ A&O 4.30 *4 43(s Pub Mkt'19-'30 A&O 55 Fund Oct 9'36__A&O 9101.48 4.40 4.30 *43 s Sew Sep 3,1937M&S3 J&J 101.38 _J&D 43(s 1919-1934 1934_ Dept 58 Fire 4.25 F&A 4.30 45 Aug 1 1934 dchenectdyCo4%8142'58J&J F&A 101 4 s Sewer 1936 4.25 4.50 488 f 1941 opt 1921 _J&J Solvay 4%8 19l9-40__ _F&A 102.17 J&J 1941 W W 4 s 4.25 M&S 48 Sept 15 1949 ' Suffolk Co 4}is'24-132_J&J 6 4.40 4.30% --4.25 Okla City S D 4s 1933 J& 98.61 3.658 g Feb 1937-_-_F&A 4.25 Syracuse-4s Wat 1920_J&J 4.25 Okla Co-438 '24-'33_J&D 101.31 4.25 3%8 Ref '56 opt '36_M&N 4 Vas 1919-35 Var 4.25 Okmulgee3 s 1938 opt 1918_ F&A 4.25 100 5s May 15 1019-1938 4.25 5s W W Exten- Mar 15'43_ 99 4.25 3 8 Water '45 op '25 F&A 48 Refunding 1929__J&D 4.25 Payne Co 4%8'20 to'29A&O 100 opt '32_J&J 1952 334s Ref 4.25 . .140 3 m Water 1928 4.25 '19_F&A op 4.25, 3s ater 1939 35 Water July 1 1920_,I&J 4.50 S D *43is 1934..A&013 Tioga Co 55 1919-30___M&S b 4.50 4.30% ---' Clue OREGON 4.25 M&S 48 1936 opt 1906_ 4.50 4.35 Tonawanda 43i3'19-'42_J&J 4.3(1 48 Highway 1923-42._ _Adc e opt 1912-A&O 1940 3}is --4.307 4.50 b _J&D 4.35 Troy-43is 1919-1925_ 1922-41___A&O Highway 48 --- ClevelandA VII 4As School 1919-31__F&A b 4.50 4.30 9 4.40 Albany 58 ref '31 op'21.A& M&N *5s St impt 1919 b 4.504.30%-y; 4)4s 1919-195X 101 I, J& 1953 5s Astoria 4.40 _J&D 1936-1968_ W '5$W :1,4s Water 1919-1925__J&D b 4.50 4.30 0 --4.40 Baker City 5s 1934..___M&' *4 s St imp Feb 1 34F&A b 4.504.30% --48 Sept 1 1926 43( 4.40 Clatsop Co 58 1934_ _A& c --- '4)4s St imp Feb 1'32F&A 33.s Water 1919-30„J&J b 4.504.30% 4.23 4.40 Columbia Co 58 Road M&S *4 s Mch 1949_ -35__M&N Utica-4%s 4.40 Apr 1 '19-'24229-'34_A&CI 4.25 *4 s Fire den '19-'55A&O _Jan 1919_ _ _ 1 48 1919 4.25 Dallas City 58'19 -'28 Mk g '42_A&O 4 sCiarkAvBd 4.25 Nov '35 33,is Nov 19-19___ 484 M&S 5s 1942 4.25 Eugene O 43(5 Bridge 1931____A& 4.70 Warsaw Union Fr S D No 10 4.90 b 4.25 Multonomah Co 4)4s'32J&D A&O 4.60 43(s Park 1938 Oct 43is 1920-1942 4.25 58 Road 1920-1929__M&N b 4.90 4.70 0 A&O 4.30 4.10s Paving 1930 Watertown 43(s 1042___J&J 4:75 4.25 Portland-Se g C H '22_J&J '30_A&O Const 4.30 Sew 4.108 M&N 4it May 1 1938 4.75 F&A Aug 1928 4.25 53is A&O 4.30 45 Infirmary 1920 33is Sewer '19 to '27 M&N 4.75 J&J 4.25 58 Water 1923 A&O 4.60 45 Water 1920 West Seneca 5s '19 '38_A&O 4.75 4.25 5s Bridge 1925_ _A&O J&D 45 Sewer 1925 WestclerCo33.s'27&'28J&D b 4.504.30% --M&N 4.75 Dock 1943_ 4.25 43s 1927__A&O Refunding 45 --4.30% 4 50 b &D 5s June 1 1929-'54__J A&O 4.75 1920-47_ Oct 4.25 43s A&O 4s Park 1929 J&J 43(s Co Bldg 1927-44 A&O b 4.50 4.30% --4.75 4.25 4s g Bridge 1934 A&O 4s Park 1931 4s Co Bldg 1920-59__M&S b 4.504.30% --M&N 4.75 1937 Water 4.25 45 M&S 4s Sewer 1919 F&A b 4.50 4.30% --48 1930 to 1935_ 101 --97 4.25 Pt ofAstoria5sHar'24-'29J&J A&O 45 Park 1924 43is Sun Sew '33-'82_J&J b 4.50 4.30% --100 97 55--, Harbor Bay Coos Pt 4.25 of '30 A&O Cross'g 4.30 48 Grade White Plains-4s '19-'28 F&A .75 J&J 4 '22_ 58 4.50 Port of Portland 4.30 Cleveland S D 4,430.219-'35 33is Water 193L___Adt0 4.75 48 Dry Dock 1934____J& 4.25 A&O 48 1922 4.30 4}is Fund '21 &'22__J&D 33M&N 101 &la 4.25 Salem-58 Sewer'19-' 4s July 1 1932 4.30 58 Refunding 1922 _ _A&O 4.60 Clifton in Cincinnati)Wolcott43isJ1y15'19-142J&J 4.30 2d ser '22 ater Water A&O 4.30 43 S Kt '25_ to '19 -4s Yonkers PENNSYLVANIA 4.25 4.30 Columbus-4}isSew'21M&S 48 Water '19 to'22A&O 4.25 Allegheny-4s'22& '27_J&J b 4.304.20% 1927 J&D 1 Dec 48 4.30 O '27-'56__A& 1 43(s Mar Street Imp 1937__M&N 6 4.30 4.20 4.25 48 '33 opt '13_M&5 Sewer 45 4.30 338 May '19 to '24...F&A 4.25 33is 1919 to 1931_ -A&Ob 4.40 4.25 4.30 48 Wat-W '45 op '20_M&S 53 April 1 1923-27 Co 43(s'431M&N b 4.304.20% 4.30 Allegheny _J&J 1912 opt 1932 4.30 3)4s A&O 58 1920-1938 F&A L. 4.30 4.20 4.25 4s Road 1938 4.30 Columbus S D 48 1920-M&S A&O 6s 1919_ A&Ob 4.30 4.20 • 1939 Road 48 4.30 1 March • 33s 1923__M&S NORTH CAROLINA F&Ab 4.30 4.20% 1942 4.25 4s Bridge 1003/i --- CuyahogaCa-58'19-'20A&O tls Construction 1919A&O 100 4.50 33is 1932 opt 1922__M&N b 4.40 4.25% • *5s Bridge 1919-27 -A&O --101 J&J 97 is Refunding 1950 95 983-i '14_J&J opt 4.50 Altoona-48'34 4,55 Ref 1920-1939_ _A&O .hici 98 Is Building 1951 963 4.25 48 Ref 1936 opt 1918__J&J 95 4s Ref 1919 to 1926_A&O 5.25 Albemarle Os 1919-1938 F&A ' 95 983 J& '32 op 4.25 4s Highway '37 4.80 4s 1919-1941 A&O Asheville 55 Ref 104L_ J&J 963 4.80 'Dayton-Se 1923-'32_M&N ---------4.45 Altoona S D 48'19 to'35A&O 95 J&J So School 1943 ' -_- Braddock 44is'19-'44-M&N b 4.404.30% W 4.45% W 60 4.80 *53is Imp b4. 1944_J&D J&J 53(s 1919-1957 M&N b 4.40 4.30% 1935 to 1919 4.45 45 W *58 W Imp 4.80 1945_ F&A 5 AsStreet 1920-1936_F&A 4.45 Chester-3%8 1929--J&Jb 4.50 4.30% 4.80 *43is W W Imp 1940.J&D A&O 4s April 1922 963 4.45 4s '37 op '17 tax-exm_J&J 95 4.80 *43813dge 1933-1939A&O Buncombe Co 58'19-'46 J&D J&Jb 4.35 4.25% 4.25 43is 1930-35-40 4.80 Dayton S D 48 1920_ M&S 45i3 Funding 1939M&S 4.25% 4.35 b 42_ 4%8'32-'37-' D S 4.25 Chester 4.80 East Liverpool-4s'40 _J&J A&O Os Bdg '28-'37 4.25 Easton-3%s 1928._ _Mt° b 4.50 4.30% _ 4.75 Elyria 45 1919 to 1923_F&A 98 Charlotte-55St &Sew '29 J&J - F&A 97 4.25 Easton S D 48'24 op '14 4.75 4s Water 1924 to '38_J&D 99 43s Water Mar 1935_J&J Erie-48 Street'21 °pill J&J 98 4.75 Findlay City,SD43s Water Oct 1 '41_A&O 4.25% 4.40 b '24.-J op 1934 Ref 4.70 454s 4.75 4155 1919-1927 J&J 43s School Oct 1 '41_J&J b F&A 4.404.25% 4.3u Erie S D 48'19-'38 4.75 Fostoria-45 1925 M&S 43. July 1 1942- ----J&J Adt• b 4.40 4.25% 43(s 1919-1937_ 4.70 4.75 *5s W W Imp '19-'40 M&S &J Durham-43.sSew&IA-'41J b 4.404.25% 43is Jan 1 193621946 4.25 4.75 Co 4s Franklin '19225_M&S 1940_ to 1921 F'und 4 -_ Mc° b 4.40 4.25 '26 Road 4s Co Fayette 4.50 4.75 *55 Fl-Emerg '20-'29 M&S 58 Water 1920 to 1945 J&J --b 4.40 4.25 A&O 4.30 48 Road 1936 4.75 Gallipolis 4s Aug 25'20 F&A 58 F(I & Sewer '19-'39F&A 4.25 4.40 b 1920__J&J 48 4.25 Harrisburg4.80 43s Hamilton 1919 M&N Granville Co--4;is'39 M&N b 4.404.25% MJcS 1926-'32 4.50 43 Aug 31 4.80 Hamilton Co *4X8'43_F&A Greensboro--5sW W'30J&J 4.25 4s Pub Imp '19 to '38 M&S b 4.40 4.25 4.80 4$ C H J'ne'30 op '16 J&D F&A 458 Aug 11042 4.75 Johnstown-5s '21 op_M&N b 4.50 4.30 4.80 Ironton '4)4W W 1936 4s Water-Wks 1954__J&J M&Sb 4.50 4.30 4.30 Sept 1 1923 4%s 43is o Lakewood '21-'39_Adi Greenville 5s W W '58_ F&A 4.55 438 1920, 1925 & 1930___ b 4.50 4.30 4.80 *4%s Oct 1945 A&O ' Iredell Co 5s Aug 1 '42_F&A M&S b 4.504.30% opt 1930 Building 4.55 45 165s 4.80 Park&Imp '19-'41A&O Lee Co 5s Road 1952__M&N 4.60 Lackawanna Co 48 1944F&A b 4.40 4.25% 5 *Lawrence Co 5s 1934_M&S Lincoln Co 55 1943 &'48 J&J J b 4.40 4.25 July'19-20Qs Lancaster-4 4.30 5 48 Lima '19 to Sewer '25 A&O Bs Bridge 1937-1951_ F&A Se 4.60, 4s Street Im '38op'28 A&O b 4.40 4.25 Q 4.75 '43-s Oct'19-Oct'30_A&O Mecklenburg Co-65'20 M& N M&S b 4.50 4.35 1934 Sewer 33is 4.35; 4.75 33.is Ref '30 op '25__A&O _M&N 58 Fund 1919-1936_ 4.30, Lancaster 8 D 48 May 1945_b 4.40 4.25% 4.73 Lorain 55 1919 to '32_ _J&J M&S 43is 1943-1947 48,4}(5,4)4sb 4.40 4.25% 4.60, LowerMerion 4.75 *58 W W Ref'19-'27_M&S J&J Raleigh 6s 1919-20 Raleigh 4.251 McKeesport S D 4%8 19194.75, Lucas Co 45 C-II 1944_M&S A&O 5s 1927 lit&N b 4.40 4.30% _ 1943 I 4.75, (in Madisonville Cincinnati) Ss Munk* Bldg 1939__J&J 4.251 Norristown 13 D 43is'43 J&J b 4.35 4.25% 4.751 58 1932 op 1922 J&J 55 Water Wks 1043....J&D 97 4.60 Philadelphia-4s 1937__J&J 96 4.75 Marietta-*4345'19-'33 J&D 58 Impt June 1 1944_J&D _ J&J 103% 104 4.35; 43is May 1948 5 334s 1931 op 1911_ _F&A Rutherford Co 5s '23-'52 J&J J&J 98% 98% 1948 1 Nov 43is 4.60 5 to '23 58 1919 Marion M&S 3urrey Co 6s May '33-'58_ 973 963 J&J 1939 4.301 45 July 4.80' Martin's Fy 15s '26-144_M&S Wake Co 55 Fund '48J&J 973i -_ J&J 963 4.30 45 July 1940 5 1 Mercer Co--5s'19 to'24Ric A Weldon 68 Jan 1924-1942.. J&J 963-i 973. 4s July 1942 4.30 4.801 Middletown48'300p'20_F&A Millington-5s F'd '22_J&J 97 J&J 963. 1943 Nov 48 4.80 Co.Montgomery 5s ref & impt 1955_ _A&O 9734 J&J 963 4.50 48 Nov 1944 4.801 *58 F1-Emerg '23-'42 J&D 43.s g Wat & Sew '48 A&O J&J 9634 9734 1945 Jan 4.55 4s 4.80 1'19-23 os5sOct MuskingumC 434s Wat & Sew 1952_J&J ' J&J 9734 9634 1 4s Jan 1946 4.60 4.80 Newark cl)4s '19-'41__A&O 48 g Ref July 1 1929_ _J&J J&J 9634 9734 48 Nov 11968 4.30 4.80 Norwood-434s 1925 _11r1) Winston-Salem-5s'24 M&S _ 92 91 J&J 1931 3%8 Water 4.30 A&O 48 1930 4.80 J&J 58 enimpt 1944 _ ... 92 J&J 91 334s July 1932 4.30 4.80 Portsmouth-4s'19-'21_J& D 58 Sept. 1919-47__M&S _ 91 90 J&J 1934 1 3}4s July 4.35 4.80 Portsm'thSDnis'10-22 A&O J&J 4 lis Joly 1 1952 n Nominal. Flat price. City. I York New Of part -; Nov --41 b Basis. boodn issued after Jan. 1 1913 by municipalitiet in *Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1913 that State are subject to taxation. Bonds issued prior to Jan, 1 1913 are exempt from taxation. 15 54 STATEEAND MUNICIPAL BONDS [Vol- 108. MP- Bonds Phila S D 43i8 '24-'43 ..J&J b 45 1923-1942 J&J b Pittsburgh-4345'19-'50J&D b 45 May '25 op '10-'22M&N b 48 1919 to 1927 M&N b 4s 1919 to 1939 &fa b 45 1919 to 1936 J&J b 4 '19-'38 taxable_MdcN b dc b 33(s Apr '19 to '30__ _A0 Pitts S D 43is '22-'27_ _J&J b Reading-.4s '19 '28_A&O b 45 1919-'23-'28---M&S b 45 1921, 1926, 1931 b Schuylkill Co 38 '21 opt_J&J b Scranton 43i8 '19-'41__F&A b 48 1919-1937 M&S b 45 1920-25-30-35_ ___ A&O b Scranton Pch District 45 1923-'28-'33 Adc0 b 3345 1919-1932 F&A b Uniontown 45'28 tax-exM&N b Wash'n Co 430'21-'34.M&S b 45 1924-1933 M&N b Wilkes-Barre33419-'29_ F&A b 4s 1919 to 1935 J&J b 4345 Imp Ser I '22-'38Adc0 b 4345 1931-1940 J&J •4345 Imp 1940-1945__J&J b Wmsport 3345'29 op'09 M&S York 43is 1924-1943_ __F&A b York Co 3345 1919-32_M&N b Bid. To Ask. Net. 4.40 1.25% 4.40 4.25% 4.30 4.20% 4.30 1.20% 4.30 4.20% 4.30 4.20 4.30 4.20 0 4.30 4.20% 4.50 4.25% 4.40 4.20% 4.40 4.20% 4.40 4.20% 4.40 4 20% 4.25410 4.50 4.350 4.50 4.35 4.50 4.35% Bonds Bid Ask Memphis 5s July 1954.._J&J 5s 1919-1927 F&A 5s River Term '23-'48A&O 4348 Refunding 1926_J&J 4345 Refunding 1939_J&J 4345 St Impt &c '46_F&A 4345 Park 1947 J&J 4345 Street 1947____M&S 434s 1950 J&J 434s Park 1959 A&O 4s Water 1933 M&N Memphis S D 43is '59 J&J Nashville-5s Wat 1921 J&D 5s March 1933 M&S 55 1919-1935 M&S 55 Sch 1919-1945_ _J&D 4345 Sewer 1923 AM) 4348 Street 1935.___ .J&J 434s Trunk Sew 1940_Jda 434e High Sch 1940_ J&J 45 (Tenn C RR)'24_M&N 45 Sewer 1927 J&J 4s Water 1928 J&J Putnam Co 4345 1941_July 1 RobertsonCo4s'41op'31_,I&J Shelby Co-4345Sch'41 _J&J 48 Court House 1955_J&J Jo Net Bonds Bid. 1 To Ask. Net 4.75 Lynchburg-5s '26 op_ J&J 4.65 4.75 4345 Ref June 1 1927_J&D !4.65 4.75 4345 Pub Impt 1939.. J&J 4.65 4.75 434s Pub Impt 1946_ Ha 4.65 4.75 4545 Water 1951 J&J 96% 97% 4.75 45 Ref Oct 1934 J&J 4:68 5.75 Newport News 4345'48 J&D b 5 4.907 4.75, 434s Feb 1953 F&A b 5 4.90 4.751 4s Street Nov 1 1941 M&N b 5 4.90 4.75 Norfolk-55 Ren 1023_ J&D 4.75 4.75 4345 Munic Impt'42 M&S 4.75 4.80 4345 Renewal 1941_ A&O 4.75 4.75 434s Imp July 1940__JdcJ 4.75 4.75 48 July 1 1932 J&J 4.75 4.75 4s Water Oct 1 1934_A&0 4.75 4.75 45 Impt March 1936..M&S 4.75 4.75 Petersburg 4348 1952_ A&O 4.70 4.75 Portsmouth-434s 1940 F&A 4.80 4.50 4.35 7 4.75 4345 Imp Oct 1 1942_A&O 4.80 4.50 4.35% 4.75 4345 Sch & Sew 1938_J&J 4.80 4.50 4.30% 4.75 6s Ref 1928 J&J 4.80 4.40 4.25% 4.75 Richmond 55 '20 to '22..J&J 4.60 4.40 4.25% 4.75 4345 Pub Imp 1949_ _J&J 4.60 4.50 4.40% 4.80 40 1920 to 1930 J&J 4.60 4.50 4.40% 4.80; 45 1938 to 1943 J&J 4.60 4.50 4.40% 4.80, 45 1924 J&J 4.60 4.50 1.40% 4.80 4s Jan 1 1926 J&J 4.60 4.50 4.40 48 1938 J&J 4.60 4.40 4.25 TEXAS 45 1941 J&J 4.60 4.40 4.25% Austin 5s 1910-1942____J&J 4.90 45 Jan 1 1942 J&J 4.60 4.40 4.25% 5sSchBg&Hos'52op'32J&J 4.90, 45 1943 J&J 4.60 41X% Refg 1919-1946_J&J 4.90 Roanoke 4345 Ref 1936..J&J 4.80 RHODE ISLAND Beaumont 5s'52 op'32A&O 4.801 4345 St Impt May 1940.. 4.80 5s Water Works 1954.M&S 4.80, 4345 Pub Bldg 1941_M&N 4.80 4s Chant Inst 1965.._ _M&S 4.20 45 1942 opt 1922 J&D 4.801 4345 Pub Bldg 1944_51desi 4.80 3345 gold S H 1934 J&J 4.20 Cleburne55WW'52op'32.J&J 4.801 45 St Impt 1936 J&J 4.80 35 Slate II July 1938___A&O Dallas4.70, Stafford Co 55 1942_ _J&J 5 Bristol-3545g 1930_ _ _M&S 4.50 55 June 11931 J&D 4.70 Tazewell Co 55 1923-46_J&J 4.80 E Provid'ce4sJune15'47J&D 93 ------ _ I 55 5 Aug 1028_ _ _ _Fdc A Johnston 4345 1920, 1925, 4 Sch 1919-1952..M&N 4.70' WASHINGTON 1930, 1935, 1940____M&N 4.50 4s Water '47 op '17 A&O 4.70 Aberdeen 5345 '22-'31__J&D 4% Lincoln-4s 1928 Adz0 97 4s Water '19 to '49_ M&N 4.70, Bellingham 55 1926 A&O 4.80 Newport-434s '19-'39_M&S b 4.40 4.35% 40 School 1919-'51_ _ _J&J 4.70 Clallam Co-4345 1921 M&N 4.80 45 gold 1927 F&A b 4.40 4.35% DallasCo454sSep10'51Apr 10 4.70'Clarke Co 55'35 op'25.Jan 1 4.80 45 May 15 1048 M&N b 4.40 4.35% 5s Viad & Bdge Feb 1 Everett 55 July 16 1931_J&J 4.80 3345g High Etch 1954.J&D b 4.40 4.35% 1954 op 1924_.. Apr 10 4.70 55 June 1936 J&D 4.80 Pawtucket-434s 1950....J&J 4:85 ElPaso5sW SVPurch'50 A&O 4.801 King Co-55 1928 M&S 4.80 4345 Sewer 1952 J&D 4.50 55 Fund 1951 opt'31_ M&S 4.80 55 C't House '33 opt May 1 4.80 4s Water 1937 M&N 4.501 55 School 1955 op '35_J& 4.80; 55 Road 1936 F&A 4.75 3345 1922 J&D 4.50 6s Imp Aug 1 1948 _F&A 4.801 434sHarb opt '22-'30 Novi 4.75 Providence-48g 1921__J&J b 4.50 4.40 ___ Fort Worth-65 1022...PALA 4.80 Lewls Co 5s 1923-32.. M&S 4.80 45 gold April 1927_ __ A&O b 4.50 4.40 55 Refunding 1920......J&J 4.80 Pacific Co48 May 1 1944 M&N b 4.50 4.40 55 Apr 1951 opt '31_ _A&O 4.80 4345 Ref July 1 '28-'36.. 4.80 45 Jan 1 1945 J&J b 4.50 4.404 4 sStImp'48op aft'28J&J 4.80 Pierce Co 55 ref'25op'15A3c0 4.80 4s July 1956 J&J 4.50 4.40% 434s Sch '48 op aft '28.J&J 4.80 65 Sept 1 1928-37_ Sept 4.80 3545 Sch & Br 1929_Md:N b 4.50 4.40% --434s Sch'49 op aft'29_J&D 4.80 4s Ref 1926 opt 1916_ M&S 4.80 3s 'Sew & Imp 1929_ _M&N b 4.50 4.40% 4s Refunding 1941___J&J 4.80 Port of Seattle 55'19-155M&S 4.80 Weeterly-45 1927_ _ _ _M&S 96 Galveston4345 Jan 1919-1955_ _ _J&J 4.80 3345 Water Feb 1929.P&A 92 Ss Lim debt 1932-1936 J&J 98 100 Seattle-5s 1919-1930__J&J 4.75 Woonsocket 434s Fd '41J&D 4]-56 55 Grade Rats 1944....A&0 08 100 434s Sewer 1927 M&S 4.75 4345 Funding 1944__M&N 4.50 55 School 1919-1964 MdcSb53, 4% 5 Water 1931 J&J 4.75 434! 45 Funding 1941____J&D 4.50 55 Wat & Sew 1919-34A Mb ko S b58 5 3.1R J&D 4.75 454s Park 1931_ 48 Funding 1947._ A&O 4.50 5s 1919-1956 4.75 434e Light ext 1932. J&J 3345 Wat May 1'31_M&N 4.50 4345Grad &c '48op'28.J&Jb5 % 40 Lib Oct 15 '22_A&015 4.75 430Graddrc'49op'29..A&Ob5 % 45 April 1 1929 A&O 4.75 Galveston CountySeattle SD Not 4345'24 M&N 4.75 SOUTH CAROLINA 55 Bd Apr 10'51op'31A&O 98 100 434s Mar '19 to '31_ _M&S 4.75 Harris Co 4s'47 op '17_A&0 4-.80 Snohomish Co 55'31 op aft'21 4.80 4345 Blue 1928 J&J 100 102 HoustonSpokane4s Refund 1952 op 1932_J&J 95 98 So Sew Nov 15 1939_M&N 4.75 1927.. 55 Dec Park ..J&D 1 4.75 Charleston-So Oct'22_A&O 100 102 5s RefOct16'41 op'31 Adc0 4.75 434s Bdge Const 1931 J&J 4.75 4345 1928 Adc0 98 100 155 Mun Imp '26256_ F&A 4.75 4 5 Water 1935 J&J 4.75 45 Sewer 1929 Adc0 4.60 45js Sept 1919-1052 M&N 4.75 Park 1962 4.75 434s 48 July '37 (tax-exm)_J&J 4.60 4345 Oct 26'38 op'28 A&O 4.75 4.75 43(e Bridge 1919-36...J1; 48 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 Cheraw 55'52 op '32_ _July 1 100 101 -- San AntonioSpokaneSD No814 29J&J Ms' 4.75 Columbia-6s 1021 J&J 4. .75 55 1923-1953 M&S 4.70 M&N 4345 May 1 1931 4.75 68 Ref Mch 1 1941.._M&S 4.75 5s Sept 1919-'53. M&S 4.70 4s Aug 1 1919-1922_ F&A 4.75 434s Water 1945 J&J 4.75 434s May 1 1920_ M&N 4.70 Spokane Co 48 '21 op'11J&D 4.75 Greenville-5s 1940_ 4.80 5s St Imp Dist No 2 1943.. 5 Stevens Co--4345'29 op '19 5 Bo Street 1942 J&J 4.80 San Antonio S D 55'58F&A 5 Tacoma-5sg Feb 15'20 F&A 4.75 is Water 1958 F&A 4.80 Tarrant Co-5s Road & Bdg '19-'33..J&D Refunding 5s 4.75 GreenvilleCo 4%5'40-'55.1,U 4.80 Apr 10'52 opt '22_ _Apr 10 4.80 4548 Lt & Pow 1929 _J&J 4.75 Richland Co 55 1933..___J&J 4.80 Waco 5s Impt 1920 M&S 4.80 45o Refdg 1031_ A&O 4.75 Rock Hill 55 1951 op'31_J&J 4.90 5s Nov 1 1934 M&N 4.80 Tac S D No 10 4345'20 F&A 4.75 Spartanburg-4%s'35.A&0 4.80 55 Sewer 1937 J&J 4.80 WhatcomCo4345.22op'12J&J 4.80 Spartanburg CountySo Water-Wks 1942___J&J 4.80 4345 1923-1927 M&N 4.70 48 Jan 1 1931 4.80 WEST VIRGINIA Charleston 430'41 op'27 J&J 4.80 UNITED STATES-S e page 49 ClarksbgSD 55'41 op'21 M&S 5 SOUTH DAKOTA Hancock County-5s Grant UTAH Road Dist M&N '32_ '46 op 5 45(s Rural Credit 1939_J&J 454 55 Capitol Bldg 1934_ J&J 4.40, Huntington 55 1944.. Oct 4.90 Aberdeen-5s '19-'21_ _A&O 4.75 4345 Capitol Bldg 1935.A&O 4.40' Martinsburg 55'43op'29Dec 1 4.90 4345 Sewer Jan 1932_ _J&J 4.75 Is Capitol Bldg 1934_ J&J 4.40 Mercer Co50'44 op'24 Ad:015 1 5 Sioux Falls 55 1931_ _ _J&D 4.75 45 Capitol Bldg 1924_ J&J 4.40 Parkersburg 45 Wat '29 June 4.80 Sioux Falls S D 55 1935.A&O 4.75 33i8 Refunding 1920_ J&J 4.50 4345 June 1 1933.. _Jitcfl .4.80 Box EiderCo4348Sch'32P&A 4.80 Wheeling-65 1924 op__ Nov 4.80 Ogden-434s 1929_ _ _ J&J 4.70 55 City 1919 op 1006_July 4.80 • TENNESSEE 434o Refunding 1932_J&D 4.70 434s Bdge '24 op '06_July :4.80 4.70 454s Ref Wat 1933_ _M&N 4s Ref 1919 to 1936 _July 4.80 4545 July 1 1919-67____J&J 45 Ref 1921 opt 1911.J&D 4.60440% 4.70 4345 Ref 1919-1955 J&J b 4.604.10% Ogden S D 45'22 op '12_J&J 4.70 WISCONSIN 4345 1938-1955 J&J b 4.60 4.40% Salt Lake City 4345 4.55 Appleton 434s 1019-32_ F&A 4.60 48 Ref 1919-1955 J&.1 b 4.604.40°f 5s Ref 1919-1928_ M&S 4.551 Fond du Lac 4345 '10-'35_ 4.60 4s 1032-1953 J&J b 4.60 4.40% 434s May 1 1934_ _M&N 4.55; Bay Green 434s '19-'33..J&J 4.60 Blount Co 5s 1921, 1926, 4s Refund Jan 192L.. J&J 4.551 4s Refdg 1919 to '20 _J&J '4.60 1931, 1036, 1941,'51_J&J 4.80 434s ref 1934 M&N 4.55 Kenosha-3545'19 op'09 J&J :4.60 Chattanooga 55 1920A&015 4.75 43 Water '20 opt '10_Adr0 4.55 LaCrosse 430'32 op '22 F&A 4.50 4345 Public Imp 1937_J&J 4.75 4s S & W '25 opt'15A&0 4.55 45 '31 Water op '21.._J&D 4.50 4348 Rfg Apr 15'39A&015 4,75 Salt Lake City S D 4s'30J&J 4.55 334s Refdg 1919....A&O 4.50 434s Sew&cDec30'41 J&D 4.75 4345 Feb 11032 F&A Langlade 4.55 Co to'23J 45'19 u n1 4.60 4345 Park 1942 M&N 4.75 4345 Aug 1 1933_ F&A 4.55 Madison-45 Oct 1931_A&O 4.50 334s Jan 1 1922 J&J 4.75 Salt L Co 4545'26op'16 F&A 4.55 Marshfield 4345 '22-'32_J&J 4.60 Cocke Co Rd & Brge 1919, Milwaukee'24,'29,'34,'39 M&N b 5% 4.90% VERMONT 4365 W W Jan '19-'32..J&J b 4.404.357 0 Cumberland Co 5s 1958..J&J 4:66 Barre-334s'22 op 1918..J&J 4.40 45s Park1919-1935.._J&J b 4.404.35%!:Davidson Co 4345'37 opF&A 4.75 Burlington-4s 1919.. J&J 4.40 Viaduct 45 1919 to '26 J&J I 4.404.35%1 --_ Grainger Co 55 1940.. _ _ F&A 4.90 Middlebury 4s'41op'21 M&N 4.40 334! July 1919 to '21_J&J b 4.40.4.35%1 Hamilton Co 58 1944__A&O 4.75 NIontpeller 45'19 op'04.A&O 4.40 Milwaukee Co 40'10-'25M&S 4:48 5s April 1 1935 A&O 4.75 Rutland-4s g 1924_ ..M&N 4.40 Oshkosh 434s 1919-34 _F&A 4.50 6s April 1 1945 A&O 4.75 Racine Ref 4345 '19-'30_ Nut 4.50 4345 1941 J&D 4.75 VIRGINIA 49 School 1919-1923_ F&A 4.50 4345 C H & Jail '42_ _Mc° 4.75 6s deferred ctfs 1871_ _J&J 3345 Sch '19 op '09.July 1 L. 4.50 4545 Bdge & Sch 1947 A&O 4.75 Brown Bros Ws 70 71 Racine Co 45 '19 to'23P&A 4.50 Knox Co 5s 1930-1945 4.75 38 "Riddleberger" 1932 opt Wausau-4%s '19-'33..A&O 4.60 Knoxville-55 g 1921__Ad:0 4.75 1900 J&J 89 90 --5s Refunding 1940__M&N 4.75 3s Funded debt 1991_ J&J 80 81 WYOMING 4348 Funded dcc 1937 J&D 1 4.75 Danville-45 Refg 1931_J&J 4:60 65 Insane Asy 1919-21_ Jan 4345 Water-wks 1949J&.1 4.75 4345 Ref Aug 1942_ F&A 4.90 60 Pub Bldg 1919-28.. July 48 June 1 1929 J&D 4.75 Lee Co-5s 1919-'41_ _ _J&J 5 Cheyenne 5s '31 op '11_ F&A Basis. 'Flat price. a Nominal. 5e BANKS AND TRUST COMPANIES • are Quotations in this department are given per share, not per cent, except for stooks of Canadian institutions, and (11 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. Figures of deposits, capital and profits for the national banks are from the Comptroller's last call; for all other institutions 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 mayThe]Found in the Advertising Columns ALABAMA-Nat. bunks Nov. 1; State institutions latest retuns. CALIFORNIA-(Concluded1) Gross Surplus Capital. (cc Profits. Deposits. Par. Bid. $ $ I Birmingham327,099 7,616,705 500,000 Amer Tr dr Say Bk_ 747,320 11,901,794 500,000 Birmbag'm Tr & S. First National Bank 1,500,000 1,599,632 26.670.172 56,500 2,441,300 250,000 Traders' Nat Bank_ MobileFirst National Bank Merchants' Bank__ People's Bank 300,000 200,000 200,000 100 100 100 100 Per 130 250 230 125 Per Ask. share. 140 265 240 135 share. Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. ' Per share. $ $ $ San Diego (Con.) 541,647 3,015,907 250,000 Merchants' Nat Bk 458,031 4,713,991 100 200,000 San Diego Say Bk_ v1,619 v993,216 100 100,000 UnItedStatesNatBk Southern Tr& Com-- - _238,230 7,400,593 ____ ____ merce Bank __ 1,000,000 692,911 9,415,065 100 390 400 296,757 4,896,420 100 292 305 316,837 4,515,753 100 260. 270 San FranciscoAmerican Nat Bank Anglo-London-Paris National Bank_ _ _ Per share. Bank of Calif, N A. Montgomery342,947 8994,499 100 100 105 200,000 Bank of Italy Capital Nat 13k_ _ 300,000 110,392 1,324,777 100 115 118 Columbus S & LSoc Exchange Nat Bank 346,912 4,638,198 100 130 135 Crocker Nat Bank_ First Nat Bank.- 1,000,000 45,294 4,142,769 100 100 105 500,000 Fourth Nat Bank Don'hoe-Kelly BCo 40,000 300,000 717,441 100 105 110 Alabama Bk&Tr Co First National Bank _ French-Amer Bank 250,000 28,198 341,968 100 __ _._ Sullivan Bk&Tr Co 100,000 57,047 926,267 100 165 160 of Sayings Union Bk & Tr Co_ San Fran S &L Soc Say Bk_ Humboldt ARIZONA-Nat.banks Nov. 1; State institutions latest returns. Italian-Amer Bank Per share. Mercantile Nat Bk_ PhoenixMerchants' Nat Bk 200,000 285,8)0 2,770,737 100 Nat Bk of Arizona_ Mission Say Bank 200,000 244,111 2,944,302 100 Phoenix Nat Bank_ Mutual Say Bank.. Tr.. 1,606,124 100,000 128,777 Phoenix S Bk & Say Un Bk & Tr Co 500,000 127,704 3,307,717 Valley Bank Seaboard Nat Bank ARKANSAS-Nat. banks Nov. 1; State institutions latest returns. Security Say Bank Per share. Wells Far Nev Nat Little RockAnglo-Calif Tr Co_ 25 225. 3,972,940 300,000 183,771 Commerce of Bank First Federal Tr Co 200,000 52,474 1,513,711 100 England Nat Bank.. Union Trust Co_ 300,000 266,867 3,401,713 100 Exchange Nat Bk__ 750,000 123,477 5,066,672 100 125 Amer Nat Bank ___ San Jose100,000 53,074 1,708,793 25 175 200 People's Say Bank_ Bank of San Jose__ 250,000 32,797 2,240,866 100 125 130 Bankers Trust Co__ First National Bank 250,000 57,267 526,199 100 Amer Trust Co.. Security Say Bank_ 300,000 113,401 1,673,792 100 141 145 Mercantile Tr Co.._ Security State Bank 500,000 158,312 2,538,710 25 127 130 Southern Trust Co.. Gard C Bk Sc Tr Co 250,000 302,327 2,902,328 100 225 Union Trust Co.__ StocktonPer share. Pine BluffCity Bank 300,000 213,292 1,326,759 Citizens' Bank_ _ _ _ Comm'l & Say Bk_ 100,000 61,467 488,943 25 CottonBelt S&T Co First Nat Bank 175,000 203,677 2,209,726 25 March & Plant Bk_ 200,000 8150,797 82,786,922 100 Simmons Nat Bank CALIFORNIA-Nat. banks Nov. 1; State institutions latest returns. BerkeleyBerkeley Bk of S&T First Nat Bank__ _ _ 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 AngelesCal Say & Coin Bk_ Citizens Nat Bank _ Commercial Nat Bk Farmers & Mar 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 Sc S Citizens Tr & S Bk Los Ang Tr & S 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 Per share. 446,745 7,608,967 218,689 4,826,139 200,347 1,955,328 5467,549 33,883,764 100 5602,749 35,280,763 100 118,259 2,073,353 100 Per share. 21,810 4,348,120 718,637 17,268,729 176,334 3,835,686 2,097,949 19,173,017 2,853,094 35,144,949 1,188,173 20,609,146 109,821 8,40(3,749 214,670 5,681,320 424,576 16,560,278 355,271 5,597,058 2,263,741 50,114,912 260,023 10,742,461 235,919 5,374,430 1,932,233 26,791,269 105,624 1,649,768 87,470 2,853,479 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Oakland600,000 Central Say Bank__ 723,447 15,691,274 30 Central Nat Bank_ 1,000,000 a1,100,000 a13200,000 100 238,000 39,892 2,403,490 100 Farmers & Mar Bk_ 500,000 3149,877 84,998,696 100 First National Bank 500,000 115,071 6,866,060 First Savings Bank_ Oakland Bk of Say_ 1,250,000 1,281,800 33,729,973 75 424,500 95,560 3,726,804 20 Security Bank 100,000 210,694 1,002,773 100 State Savings Bank 240 150 250 610 220 320 660 230 150 210 342 355 155 129 200 135 • Per share. 2,000,000 519,824 12,011,170 100 100 147 100 184 100 152 250 100 100 100 8225 4,000,000 8,500,000 5,000,000 130,000 2,000,000 650,000 3,000,000 2,507,889 68,331,896 8,649,017 62,511,193 2,038,377 76,402,873 215,141 2,951,691 4,062,839 30,490,412 230,602 2,629,599 2,123,222 26,060,075 800,000 1,000,000 900,000 877,000 2,000,000 1,500,000 325,000 700,000 1,500,000 500,000 500,000 6,000,000 1,500,000 1,500,000 1,100,000 110 372,758 9,825.633 100 --2,893,780 52,215,775 1000 105 100 9,805,199 517,344 120 222,622 9,109,330 220 1,328,597 12,136,701 100, 80 278,669 7,741,155 100 29,556 3,719,057 100 299,924 9,947,375 70 2,148,899 38,841,695 100 240 285,371 3,114,409 100 117M 404,174 4,263,147 250 5,307,297 63,297,135 100 168A 701,744 16,055,764 100 115 121 __ 632,774 7,442,001 50 2,013,766 28,547,243 800 2:000 Per share. 300,000 300,000 100,000 100,000 430,000 296,371 3322,077 128,989 120,633 520,279 3,740,499 34,955,771 1,715,693 857,560 4,805,626 100 100 100 100 100 - -- ___ .... 154,396 2,776,700 80 193,195 4,806,663 _____361.277 1.116,051 100 CANADA-See last page. 400,000 500,000 200.000 COLORADO-Nat. Banks Nov. 1; State institutions latest returns Per share. Colorado S pgs161,889 1,678,950 100 50,000 Colorado Say Bank 111,644 1,020,129 100 100,000 Colorado Spgs N B 227,770 5,006,771 100 300,000 Exchange Nat Bk_ _ 515,077 4,956,209 100 300,000 First National Bank 101,707 1,745,038 100 300,000 Colo Title Sc Tr Co_ Per share. Denver6,838,809 100 209,494 300,000 Central S Bk Sc Tr_ 837,056 100 16,869 100,000 City Bank Sc Tr Co 500,000 1,920,694 19,695,742 100 Colorado Nat Bank Denver Nat Bank_ 1,000,000 1,484,379 20,524,774 100 41,144 2,374,065 100 250,000 Denver Stk Yds Bk 824,708 21,867 100,000 Drovers State 13k_ 26,170,171 100 869,651 First National Bk_ 1,250,000 101,867 4,126,454 100 250,000 Hamilton Nat Bank 655,524 11,060,724 100 400,000 U S National Bank_ 241,570 5,506,423 100 500,000 Amer Bk Sc TrCo. 11,090 1,287,470 100 100,000 Hibernia Bk&TrCo 567,061 14,694 240,000 Guardian Trust Co 71,586 2,903,795 150,000 Home Say Sc Trust. 873,217 19,467,472 100 350,000 International Tr Co 45,917 2,479,729 200,000 Interstate Trust Co Per share. Leadville729,967 100 26,901 100,000 American Nat Bank 29,320 1,697,905 100 100,000 Carbonate Nat Bk_ Pueblo674,720 11,488,797 100 500,000 First Nat Bank_ _ _ _ 155,114 3,132,174 100.000 Pueblo Say Sc Tr Co CONNECTICUT-Nat. banks Nov. 1; State institutions latest returns. Per share. Bridgeport730,91 7,752,080 100 189 500,000 City National Bank 170 664,200 466,22 3,886,252 100 Connecticut Nat Bk First Bridgeport N B 1,000,000 1,178,905 13,878,559 100 200 402,914 7,667,927 100 185 500,000 Bridgeport Tr Co_ 103,132 3,632,574 100 130 100,000 Amer Bk Sc Tr Co__ Per share. 100 155 z145 100 81,909 2,093,074 100 125 132 836,177 52,504,476 100 30 145 /23,000 £850,000 100 100 210 127,412 2,492,467 100 215 225 100 34,001 1,064,627 100 225 111,901 2,721,790 365 100 235,097 3,419,045 100 100 485 500 100 SacramentoPer share. 325 100 California Nat Bk_ 1,000,000 /339,198 £8,423,913 100 500 480 100 300,000 B S 184,771 3,988,740 California Tr & 240 225 100 350,000 139,907 3,191,067 100 Farm & Mech S Bk 100 365 500,000 81,036,964 86,365,540 N B D 0 Mills& Co 100 500,000 292,275 4,801,701 100 People's Say Bank_ Per share. 1,000,000 568,801 10,018,192 100 Sacramento Bank__ 120 130 100 38,009 1,692,731 100,000 San Bernardino186 180 100 10,410,222 1,000,000 927,917 100,000 17,964 623,598 California State Bk 566,227 5,528,898 60 170 180 300,000 100,000 553,914 3662,675 100 Farmers' Each Nat 84 558,010 4,911,224 50 80 500,000 1,200,000 1,515,747 6,396,430 100 178 183 San Diego182 175 100 2,413,493 300,000 535,330 1,000,000 /70,471 /7,120,290 100 First Nat Bank. 130 184,669 3,921,262 100 272,000 750,000 3897,749 34,181,993 100 180 185 220 754,742 3,610,436 100 650,000 b This Is capital paid in; authorized amount is larger when full paid, par value will also be increased. a Dec. 23 1918. •Sate price. May 10 19184, Capital is to beincreased. s Ex-dividend. A Ex-rights. c Includes First Fed. Tr. Co. stk. s Aug. 31 1918. t June 29 1918. n Jan. 8 1918. r Apr. 20 1918. e March 4 1918. PasadenaFirst Nat Bank_ ___ Nat Bk of Pasadena Security Nat Bank_ Union Nat Bank_ _ _ CrownCityTr &SBk First Tr Sc S B Union Tr dr Say Bk 300,000 400,000 100,000 100,000 205,000 400,000 425,000 HartfordAm Indus'l B&TCo City Bk Sc Tr Co_ Colonial Nat Bank_ Conn River Bkg Co First National Bank Hartford-Aetna NB Phoenix Nat Bank State Bank Sc Tr Co United States Bank Conn Tr Sc S D Co_ Fidelity Trust Co_ Hartford Trust Co_ Riverside Trust Co Security Tr Co_ Travelers B Sc TrCo New HavenBway Bk Sc Tr Co_ First National Bank Mechanics' Bank... Merchants' Nat Bk New Hay Bk N B A Nat Tradesm's Bk. People s Bk Sc TrCo Second Nat Bank__ Un Sc N Hay Tr Co 200,000 500,000 500,000 150,000 1,150,000 2,000,000 1,000,000 400,000 100,000 750,000 100,000 500,000 150,000 300,000 100,000 130,409 2,677,086 197,074 5,774,978 174,867 2,021,304 482,277 3,024,689 1,096,497 9,497,963 2,519,947 14,969,692 1,041,764 13,528,263 685,997 5,870,912 382,347 2,761,279 1,120,547 8,100,498 154,991 1,662,519 794,844 6,430,688 191,090 1,946,891 365,372 2,125,485 56,967 2,300,070 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 Nov. 1; State indications iwo4t reitvga CONNECTICUT-(Concluded.) Surplus Gross Capital. I& Profits. Deposits. Par. Bid. NorwichMerchants' Nat Bk 100,000 Tnamas Nat Bank.. 1,000,000 Uncas Nat Bank. _ 100,000 WaterburyCitizens' Nat Bank 300,000 Manufac's' Nat Bk 200,000 Waterbury Nat Bk 500,000 Colonial Trust Co.. 400,000 NiarChant$ Tr Co..100,000 Waterbury Tr CO_ 200,000 377,557 100 37,630 638.979 3,214,195 100 542,772 100 34,769 243,791 193,664 452,817 595,709 135,272 82,999 3,877,432 4,885,682 4,150,794 5,378,234 1,718,666 3,158,226 Ask. Per share. 105 145 105 Per share. 140 150 175 80 85 200 100 100 50 100 100 100 110 DELAWARE-Nat. banks Nov. 1; State institutions latest returns. WilmingtonCentral Nat Bank.. 210,000 Nat Bk of Delaware 110,000 Union Nat Bank_ _ 203,175 Delaware Trust Co 730,900 Equitab Gu dr Tr Co 500,000 Security T & S D Co 600,000 Wilmington Tr Co._ 1,000,000 1Per 122,417 1,764,419 100 120 d161,714 d1,517,433 100 225 750,621 4,471,896 25 82 231,722 3,530,184 862,547 3,867,694 100 250 848,127 5,108,792 100 250 882,477 16,221,814 50 123 share 125 235 88 265 265 130 01ST. OF COLUMBIA.-Nat. banks Nov. 1; other instil, latest returns. • WashingtonPer share. American Nat Bk__ 600,000 249,707 4,258,634 100 150 157% Columbia Nat Bk_ 250,000 301,204 2,958,796 100 200 225 Commercial Nat Bk 1,000,000 591,929 10,687,707 100 186% 191 Bank of Coin de Say f:42,497 100,000 733,069 10 12 District Nat Bk_ 550,000 373,304 5,960,568 100 152 Dupont Nat Bank_ 200,000 40,133 1,265,941 Farm & Mech Nat.. 252,000 d391,466 d1,382,019 100 220 240 Federal Nat Bk_ 500,000 296,900 5,273,967 100 178 Franklin Nat Bk_ 225,000 d61,172 d2,634,069 Home Savings Bk_ 100,000 361,596 8,538,396 100 420 Lincoln Nat Bank.. 300,000 228,999 3,740,099 100 160 Merchants Bank__ 300,000 930,010 86,140 Nat Bank of Wash.. 1,050,000 d645,991 d7,684,476 100 230 Nat Capital Bank.. 200,000 258,779 1,204,826 100 224 Nat Met Bank__ 699,349 9,092,692 100 200 800,000 Riggs Nat Bank.._ 1,000,000 2,203,371 20,294,139 100 420 Second Nat Bank_ _ 250,960 2,684,188 100 136 143 500,000 &cur Say&Com 13k 60,387 2,838,998 100 180 100,000 Amer Secu & Tr Co 3,000,000 2,251,940 10,908,284 100 221 225 Continental Tr Co.. 1,000,000 267,904 2,936,674 100 x115 119% Nat Say & Tr Co.. 1,000,000 1,490,003 8,224,164 100 265 Munsey Trust Co.... 2,000,000 455,422 3,552,618 Union Say Bank.._ _ 27,099 1,507,591 200,000 Union Trust Co..... 2,000,000 507,477 5,059,905 100 125 UultedStatesSayBk 57,774 1,571,664 100,000 Wash Loan & Tr Co 1,000,000 1,338,409 9,446,518 100 240 FLORIDA-Nat. banks Nov. 1 JacksonvilleAtlantic Nat Bank.. Barnett N B of Jack Florida Nat Bank.._ TampaAmerican Nat Bank Bank of Commerce Exchange Nat Bank First Nat Bank__ __ State institutions latest returns. Per share. 350,000 1,038,721 15,858,717 100 780,000 522,593 9,428,337 100 340,271 9,661,187 100 500,000 250,000 100,000 250,000 400,000 232,197 1,388,069 100 372,208 18,707 d366,090 d2,700,299 100 1600,000 14,700,000 100 GEORGIA-Nat. banks Nov. 1; State institutions latest returns. AtlantaAtlanta Nat Bank_ - 1,000,000 1.459,791 21,269,272 Central Bk & Tr Cor 1,000,000 403,774 8,077,091 Fourth Nat Bank.._ 600,000 1,308,109 17,317,413 Fulton Nat Bk_ _ _ _ 500,000 142,907 4,004,871 Ga Say Bk dr Tr Co 141,000 1,005,000 200,000 American Say Bank 38,000 200,000 250,000 Lowry Nat Bank_ 1,000,000 1,432,217 12,291,725 Third Nat Bank.. 1,000,000 1,144,449 14,502,703 Atlanta Trust Co.... 63,007 500,000 376,403 Trust Co of Georgia 1,000,000 1,301,190 1,255,001 AugustaAugusta Savings Bk 50,000 63,209 935,724 Georgia RR Bank.. 1,000,000 265,000 5,270,000 Merchants' Bank_ _ 306,400 1,633,900 200,000 Citizens & Sou Bk_ Branchoffi ce see retu rn of bank NatExchange Bk.._ 298,733 2,337,741 400,000 Planters' L & 8 Bk_ 250,000 1,250,000 50,000 Union Say Bank..__ 45,390 1,428,981 100,000 ColumbusColumbus Say Bk_ 150,797 1,370,441 200,000 Fourth Nat Bank_ _ 300,000 /135,000 1650,000 Home Savings Bank 100,000 11,714 583,756 Merch & Mech Bk. 141,927 125,000 814,749 Nat Bk of Columbus 232,120 200,000 728,943 Third Nat Bank_ _ _ 250,000 396,597 1,250,758 MaconBibb Nat Bank__ _ 200,000 123,000 11,100,000 Fourth Nat Bank_ 550,000 10,985,000 350,000 Macon Nat Bank__ 150,000 d54,744 d1,704,942 SavannahCitizens'dr South Bk 1,000,000 1,321,497 18,407,872 Commercial Bank. 100,000 659,947 47,087 NIchange Bank ..._ 125,000 105,017 982,770 Liberty Bk & TrCo 453,677 1,783,003 300,000 Hibernia Bank of Savannah 200,000 __ 311,492 1,645,526 MeretileBk&TrCo 100,000 550,996 12,517 Merchants' Nat Bk 500,000 8241,990 8873,004 Nat Bk of Savannah 400,000 740,228 2,764,876 Oglethorpe Say &Tr 250,000 225,968 1,427,065 Amer Bk & Tr Co.. 200,000 455,236 18,191 SavannahBk&TrCo 700,000 800,912 3,986,227 Citizens Trust Co. 75,394 150,000 494,994 Chatham Bk&TrCo 500,000 155,227 2,079,033 Per share. 280 290 148 152 315 320 115 120 165 173 100 105 220 225 212 216 85 95 275 285 Per share. 100 140 100 200 100 175 185 und erSa,va nnah 100 135 145 10 40 45 100 135 Per share. 50 100 100 100 100 100 Per share. 100 104 107 100 250 255 100 120 125 Per share. 100 100 100 100 % 100 100 100 100 100 100 100 100 100 100 Capital AuroraAurora Nat Bank__ First Nat Bank..__ Amer. Nat Bk--Merchants Nat Bk.. Old Second Nat Bk Aurora Tr & Say Bk Surplus Gross & Profits. Deposts. Par, Bsd 100,000 303,969 100.000 167,677 100,000 195,429 100,000 194,049 163,030 200,000 100,000 , 4,500 2,051,634 2,462,010 1,858,800 1,932,308 1,752,713 176,000 100 100 100 100 100 100 ChicagoPer share. Aetna State Bank.. 200,000 31,397 873,725 100 105 Amer State Bank__ 288,724 2,732,722 100 178 183 400,000 Atlas Exch Nat Bk_ 483,375 100 200,000 35,324 102 Austin State Bank.. 73,972 2,823,289 '100 215 200,000 Calumet Nat Bank 93,747 1,945,405 100 205 100,000 Capital StateSayBk 868,991 100 105 110 36,097 200,000 Central Mfg Dis Bk 125,909 4,389,776 100 200 205 450,000 Cont & Corn Nat Bk_ 21,500,000 16,257,722 288768 889 100 x274 277 Corn Exch Nat Bank 3,000,000 8,550,177 93,502,289 100 440 Depositors St & S B 132,247 2,788,703 100 152 157 300,000 Drexel State Bank.. 176,169 4,028,493 100 155 165 350,000 Drovers Nat Bank.. 451,620 10,028,255 100 225 230 750,000 64,071 2,093,934 100 155 161) Englewood StateBk 200,000 First National Bank 10,000,000 14,526,479 189642414 100 456 460 First Nat Englew'd 306,677 4,085,270 100 335 350 150,000 Foreman Bros BgCo 1,500,000 651,572 18,894,363 100 Ft Dearborn N Bk_ 3,000,000 1,564,727 46,824,069 100 208 215 92,722 1,779,380 100 135 140 Garfield Pk St S Bk 200,000 Halsted St State Bk 895,492 100 119 122 200,000 • 52,724 87,014 1,730,408 100 138 145 Hyde Pk State Bk. 200,000 35,376 1,247,690 100 150 Irving Park Nat Bk _ 100,000 . Kaspar State Bank 453,529 5,933,962 100 '285 300 500,000 Krause StateSavBk 119,911 1,493,699 100 200,000 5,917 1,329,206 100 105 - 108 Lake View State Bk 200,000 Lawndale State Bk 104,293 1,768,881 100 235 245 200,000 Lincoln State Bank 29,767 1,027,774 100 200,000 835,861 21,008,903 100 230 236 Live Stk Es Nat Bk_ 1,250,000 Mad & Ked State Bk 77,764 1,764,944 100 140 150 200,000 Mech de Trad St Bk 84,112 1,840,307 100 120 125 200,000 Nat Bk of Republic.._ 2,000,000 1,392,407 26,814,308 100 156 185 National City Bank 2,000,000 1,241,611 31,315,272 100 153 156 143,467 4,164,721 100 160 165 Nat Produce Bank. 500,000 63,067 2,872,335 100 North Ave State Bk 200,000 100 27,634 1,461,063 100 NoSideStateSav Bk 200,000 100 Noel State Bank_ 130,401 2,347,767 100 165 '170 300,000 Ogden Ave State Bk 14,017 666,542 100 200,000 People's Stock Y'ds 328,339 7,887,746 100 300 310 State 500,000 37,930 Phillip State Bank.. 771,826 100 200,000 860,222 100 38,212 PioneerStateSay Bk 200,000 - 100 30,991 2,393,475 100 150 Reliance State Bank 200,000 67,679 1,389,211 100 120130 Roseland State S B 200,000 142,099 1,985,089 100 Second Secur'ty Bk 200,000 293,778 4,984,868 100 235 295 Security Bank 400,000 4,978,410 100 225 235 270,000 So Chicago Say Bk.. 300,000 90,000 3,419,568 100 , 160 175 South Side State 200,000 State Bk of Chicago 1,500,000 4.1 68,293 34,881,069 100 404 410 289,022 4,400,001 100 400 Stock Yds Say Bk_ 300,000 116,794 2,590,176 100 120 130 Union Bank of Chic 500,000 690,914 100 105 110 40,099 United State Bank.. 200,000 109,942 3,366,961 100 275 WashingtonPk N Bk 100,000 West EnglewoodAshland State Bk 250,000 58,039 1,297,668 100 145 150 West TownState Bk 200,000 62,431 1,508,344 100 119 122 Central Tr Co of Ill 6,000,000 2,331,399 50,103,162 100 164 167 ChicCity Bk&TrCo 500,000 572,199 3,541,405 100 240 250 ChicagoS Bk&TrCo 1,000,000 394,009 9,233,904 100 140 144 Cont & Coin T&S B 3,000,000 6,667,071 71,071,270 100 DroversTr& Say Bk 250,000 337,840 4,258,464 100 305 315 First Tr & Say Bk_ 5,000,000 6,288,757 73,014,707 100 Ft Dearb Tr dr S Bk 500,000 281,017 5,018,149 100 195 205 Franklin Tr & S Bk 300,000 241,196 2,232,236 100 155 1165 Greenebaum Sons' Bank dr Trust Co 1,500,000 669,296 9,474,054 100 Guarantee Tr & Say 200,000 710,416 100 145 150 97,567 Harris Tr & Say Bk 2,000,000 3,627,844 20,436,253 100 573 --5 Home Bk Jr Tr Co.. 300,000 112,070 2,726,419 100 160 165 Illinois Tr & Say Bk 5,000,000 11,803,864 94,212,906 100 425 440 Kenw'd Tr&Say Bk 200,000 234,334 3,085,311 100 285 300 Lakeview T & S Bk 400,000 217,474 3,149,993 100 175 180 Liberty Tr & S Bk_ 250,000 74,685 2,477,480 190 155 160 Lincoln Tr & Say B 200,000 740,977 100 110 120 40,192 Market Tr & Say__ 200,000 46,633 1,005,450 100 108 112 Mercantile Tr&Say 250,000 99,914 3,237,233 100 160 165 Merchants L&TrCo 3,000,000 9,979,860 93,272,071 100 500 Michigan Ay Tr Co 200,000 75,579 1,901,275 100 104 110 Mid-City Tr & S Bk 500,000 231,464 5,696,337 100 225 235 Northern Tr Co Bk 2,000,000 3,359,119 35,008,377 100 272 280 Northwn Tr & S Bk 500,000 344,697 7,280,019 100 235 240 People's TaSay Bk 500,000 426,467 10,653,382 100 260 270 Pullman Tr&SayBk 300,000 355,019 3,797,459 100 185 210 Sheridan Tr Say Bk 200,000 80,074 3,068,422 100 150 160 Sou West Tr & Say.. 200,000 43,194 1,482,788 100 116 120 Stand'd Tr&Say Bk 1,000,000 629,317 10,201,389 100 165 170 Stockmen's Tr 9 Bk 200,000 108,914 1,389,960 100 145 152 Union Trust Co 1,500,000 1,911,064 32,455,374 100 300 325 W Side Tr & Say Bk 400,000 187,714 5,837,087 100 290 3115 Woodl'n Tr & S Bk 200,000 210,090 3,032,941 100 245 255 ElginElgin 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 PeoriaCentral Nat Bank. Commercial Nat Bk Dime Say & Tr Co_ First Nat Bank Home Say dz State State Tr dr Say Bk_ Merchants & Ill NB First Tr dr Say Bk. 300,000 383,709 4,116,452 100 750,000 1,160,966 0,060,745 100 250,000 241,499 2,109,904 550,000 575,686 5,207,719 100 120,000 209,104 2,384,423 100 991,032 200,000 84,393 500,000 342,042 5,849,360 100 150,000 402,437 2,577,864 100 Per share 762,794 100 28,275 160,607 1,005,675 100 183,001 1,078,417 100 125,000 1400,000 100 208,409 1,470,759 995,420 100 98,091 100 100 100 100 100 100 100 IDAHO-Nat. banks Nov. 1. QuincyBoise CityIllinois State Bank_ 300,000 38,932 2,272,229 Boise City Nat Bk_ 234,177, 3,717,143 100 250,000 Quincy Nat Bank _ 94,507 1,265,711 100 100,000 First Nat of Idaho.. 300,000 324,0411 3,904,789 100 R.Icker Nat Bank 500,000 383,937 4,477,947 Pacific Nat Bank 89,319 - 1,729,302 100 300,000 Mercantile Tr dr S B 761,940 91,412 200,000 Overland Nat Bank 100,000 65,567 1,495,460 100 ._ _ State Say L A Tr Co 1.000.000 581,674 6,92),U;1 to h C oa 1418 •Sale price. t0tal lacceam.1 4 Oct. 17 4 Capital pill at. iittiriz. I ca mat is iargw• t% ,i 1 to 1 • TtIerie figures date Sapt. 20 1918 1 Aug. 31 131.P. s March 41918 nOt.11 1913. f Dc. 23 191-4 May 10 14 18 AO, Notts ins' 450 50o 275 300 300 325 300 325 120 125 y Last sale, 57 BANKS AND TRUST COMPANIES JAN., 1.919.1 Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns OWA-(Concluded.)` woes .3urptue Capital. de Profits. Deposits. Par. Bid, ILLINOIS--(Conclz:ded.) Gross Surplus Capital. & Profits. Deposits. Par. Bid. RockfordForest City Nat Bk Manufrs 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_ Bp'gfield Marine Bk Sangamon L&TrCo 200,000 250,000 300,000 300,000 300,000 300,000 $ 189,594 152,947 243,377 241,947 90,394 273,790 342,941 $ 1,670,826 2,382,826 2,052,054 4,016,073 1,436,200 2,986,629 2,080,831 Per share. y285 y150 y250 y200 y165 y200 y200 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 Farmed? L & Tr Co i 100,000 600,000 100,000 200,000 100,000 100,000 250,000 50,000 250.000 i 13,769 186,374 18,770 114,876 43,127 151,440 383,007 124,000 38.569 $ 1,039,627 8,775,632 2,182,288 4,811,861 2,982,970 1,887,199 5,123,837 2,075,000 1.554.033 No minal 100 100 100 100 100 100 100 100 100 Ask. prices KANSAS-Nat. banks Nov. 1; State institutions latest returns. Per share Kansas City300,000 550,179 7,949,196 100 345 3ommerclal Nat Bk 147,107 1,864,930 100 250 ---_. 100,000 ilxchange State Bk 62,274 1,906,239 100 140 200,000 ?eople's Nat Bank_ 180,000 100 100 10,000 100,000 3anking Trust Co_ 553,955 100 250 127,440 125,000 Kansas Trust Co__ Topeka321,104 4,036,116 100 310,000 3ank of Topeka___ returns. ----. 166,027 3,702,953 100 200,000 3entral Nat Bank_ 575,077 100 31,174 100,000 Per share. ?armers' Nat Bank 131,174 2,800,991 100 100,000 Vlerchants' Nat Bk 100 39,064 1,190,092 100 60,000 Ihawnee State Bk_ 100 44,552 1,788,938 100 100,000 ;tate Sav Bank 100 721,097 26,169 200,000 3entral Trust Co_ 100 ARR_9.R4 Inn 09.A4n 100.000 rmiAntIal Tnigt Cln , 100 100 ENTUCKY-Nat. banks Nov. 1; State institutions latest returns. Per share: Per share. Covington100 200,000 8155,779 e1,372,840 100 165 175 Citizens' Nat Bank 100 100 130 135 3,596,397 174,397 600,000 Bank National First 100 350,000 d110,000 d1,734,242 100 125 135 Liberty Nat Bank_ 100 912,443 100 141 60,667 100,000 Covington S B & Tr 100 679,235 100 38,584 100,000 People's S Bk & Tr_ 100 Lexington34 : 2 ; 1a5 2 ih 2 331,399 1,607,062 100 -15;r- 8 300,000 Fayette Nat Bank_ 100 60 457,294 1,998,042 100 185 190 800,000 First Sr City Nat Bk 100 90 105 125 123% 149,592 2,526,365 100 800,000 Phoenix&Third N B 100 230 240 840,269 100 215 220 161,592 150,000 Second Nat Bank_ _ 100 232 245 Per share. • Louisville100 300 104 100 n12120 n287,297 800,000 B N n Amer-Souther 100 225 435 425 100 500,000 v731,110 v9,483,902 Citizens' Nat Bank 100 94 232,691 3,726,900 100 a217 2211 500,000 First National Bank 100 150 160 150 50 610,747 7,566,091 250,000 Liberty Ins Bank.. 100 60 246,776 1,662,718 100 200 179,000 Security Bank.... 100 300 107,423 1,534,932 1100 Kent Tit 8 B Sr TCo ff250,0001 100 105 1100 100 105 1g100,000f 100 150 170 96,227 1,550,018 100 125 130 250,000 Lincoln Say B Sr Tr 100' 200 210 100 125 135 115,497 250,000 Co Nat Bkg Loulsy 2,535,369 1001 70 80 Nat Bk of Comm.. 1,000,000 n731,197 n13939 196 100 325 1001 80 100 250 260 100 8,392,579 1,663,941 1,645,000 Kentucky of Bit Nat 100 300 914,152 100 178 200 89,997 100,000 Stock Yards Bank_ 100 100 360 372 n11514106 n663,074 500,000 Bank... Nat Union No pninal prices 853,990 4,510,061 100 260 270 Fidelity Sr ColumTr 2,000,000 100 300 238.137 1,934,690 100 157 806,100 Louisville Trust Co 100 180 540,488 100 110 120 126,294 350,000 United States Tr Co 100 y185 Per share. Newport 100 210 100,000 n113,930 n426,926 100 170 175 Amer Nat Bank _ -100 150 100,000 e117,379 e1,221,220 100 200 Newport Nat Bank Per share. n277,734 n3,030,337 n114,390 n2,902,919 134,741 2,814,392 n210,671 n3,449,518 649,497 3,422,725 77,097 3,156,964 INDIANA-Nat. banks Nov. 1; State institutions latest -EvansvilleCitizens' Nat Bank City National Bank MereantileCom'iBk Old State Nat Bank West Side Bank__ Am Tr dc Say Bank Citizens Tr & S Bk_ Fort WayneFirst & Ham Nat Bk Lincoln Nat Bank_ Old National Bank_ Citizens' Trust Co_ People's Tr&Say Co Tri-State L dc Tr Co IndianapolisCommercial Nat 13k Continental Nat Bk Fletcher-Am N Bk_ Indiana Nat Bank_ Live Stock Exch Bk Merchants' Nat Bk National City Bank People's State Bank Aetna Tr & Says Co Farmers Trust Co_ Fidelity Trust Co__ Fletcher Say dr Tr_ Indiana Trust Co__ State Say & Tr Co_ Security Trust Co_ Union Trust Co.._ Wash Bk & Tr Co__ Terre Ha ute-;Met National Bank kicKeen Nat Bank Terre Haute Nat Bk Terre Haute Trust_ United States Tr Co 100 100 100 100 100 100 100 Ask. 500,000 350,000 200,000 500,000 100,000 200,000 100,000 n158,507 n6,706,969 472,489 5,722,744 120,000 2,000,000 366,574 6,708,340 146,700 2,447,052 128,110 1,616,600 744,021 22,579 900,000 300,000 350,000 200,000 200,000 500,000 290,007 9,196,156 .212,529 83,596,906 225,110 5,241,913 50,491 2,032,953 142,570 1,942,163 136,00a 6,918,917 5,070 1,183,720 300,000 73,557 3,703,728 400,000 21,222,286 1,709,421 2,000,000 2,000,000 1,608,379 20,194,068 137,769 1,377,030 100,000 1,000,000 1,153,170 8,270,101 172,560 3,901,761 1,000,000 916,467 47.430 100,000 7,038 1,753,658 250,000 161,274 1,323,562 100,000 25,000 1,141,363 100,000 360,702 12,075,876 1,500,000 806,955 7,864,767 1,000,000 750,000 47,860 1,761,196 29,327 1,323,042 200,000 628,531 4,698,285 600,000 40,694 100,000 991,495 500,000 500,000 300.000 350,000 500,000 667,640 391,257 218,743 276,313 161,676 3,409,136 3,276,205 2,837,219 5,605,413 3,921,708 100 100 100 100 100 100 IOWA-Nat. banks Nov. 1; State institutions latest return. LOUISIANA-Nat. banks Nov. 1; State institutions la sit returns, • Per share Per 'share. BurlingtonNew Orleans150,000 550,0001 3,250,000 100 123,079 2,696,313 100 100,000 Amer Say Bk&TrCo Bank of Orleans _ 36,999 1,238,923 100 100,000 Burlington Say Bk_ 941,304 21,652,326 100 215 Canal Bk Sr Tr Co. 2,000,000 100,000 78,640 821,200 100 212,277 5,480,044 100 400,000 First National Bank Citizens' Bk&Tr Co 200,000 326,976 3,849,191 100 200,000 121,367 4,933,888 100 215 Iowa State Say Bk_ City Bank t 'Tr Co 100,228 1,507,293 100 100,000 8,734,307 100 450 823,214 Merchants' Nat Bk 300,000 Commercial Nat Bk 150,000 c130,540 c1,210,000 100 National State Bk.. Commercial Trust No minal 100 255 ;dices 16,757,937 Rapids1,073,197 1,250,000 Cedar Sr Say Bk 350,000 14,039,000 100 500,000 659,976 8,237,606 100 245 750,000 Ced Rapids Nat Bk It-State Tr Sr BCo 149,296 200,000 100 2,774,971 190 6,017,704 Bk 152,889 400,000 Ced Rapids Say Marine Bk dr Tr Co 45,53 1,882,331 100 100,000 140,994 4,416,794 100 150 400,000 Iowa State Say Bk_ Metropolitan Bank n489,974 100 300,000 n8,481,199 198 100 Bk 7,872,337 896,867 Merchants' Nat New Orleans N Bk_ 1,000,000 40,240 1,185,711 100 50,000 158,779 1,723,300 100 200 100,000 People's Say Bank_ U 88 Dp Sr Say Bk 125,000 100 200,000 2,300,000 300 100 30,448,719 Bank_ Security Say Whitney-Cent N B _ _ 2,500,000 2,063,447 50,000 2,600,000 100 200,000 Hibernia Bk& Tr Co 1,500,000 2,110,007 27,566,277 100 380 Amer Tr & Say Bk_ Per share. Whitney-Cent Tr Sr Council Bluffs84,179 1,306 941 100 120,000 563,120 10,618,341 200,000 City National Bank Savings Bank_ _ 31,460 Per 100,000 888,480 100 Commercial Nat 13k Shreveport208,327 3,331,041 100 150,000 535,314 100 46,969 100,000 Coun Bluff SAT Bk_ American Bk&T Co 227,729 3,475.922 200,000 663,774 61,316,306 100 150,000 First National Bank American Nat Bank 108,772 1,598,099 100 50,000 627,003 10,003,069 100 500,000 State Savings Bank Commercial Nat Bk Per share. First National Bank Davenport500,000 e288,027 e4,155,199 100 995,714 11,720,637 100 400 405 600,000 114,491 1,569,400 100 Amer Corn Say Bk. 100,000 First Say B& Tr Co 496,701 4,866,771 100 300 310 300,000 65,904 1,575,102 100 Davenport Say Bk_ 300,000 Conting B Sr Tr Co 138,000 2,063,000 100 275 300 100,000 Farm Sr Mech Say_ MAINE-Nat. banks Nov. 1; State institutions latest returns. 242,067 4,215,2115 100 285 :100 200,000 First National Bank 35,000 900,000 100 160 165 50,000 Home Say Bank_ _ _ Per share. Bangor303,302 3,687,087 100 290 300 150,000 Iowa Nat Bank ._ _ _ 150 445,771 4,225,938 100 400,000 First National Bank 44,000 750,000 100 185 50,000 Security Say Bank_ 280 254,490 1,161,371 100 100,000 Merchants' Nat Bk 414,000 5,200,000 100 365 375 250,000 Scott Co Say Bank_ 350 7,061,142 693,499 100 175,000 Co Tr&Bkg Eastern 231,204 3,786,790 100 315 325 200,000 Union Savings 13k_ 514,219 4,102,391 100 300 300,000 Merrill Trust Co... 8,000 734,674 100 125 135 50,000 Citizens' Tr dr. S Bk Per share Portland Per share. Des Moines502,297 3,024,351 100 600,000 Canal Nat Bank 256,077 £1,703,551 100 -Bankers Trust Co_ _ 1,000,001) 50,749 2,516,536 100 100,000 Chapman Nat Bank 57,722 2,591,36.1 100 150,000 Cap City State Bk_ 533,701 5,100,883 100 600,000 First National Bank 262,414 4,373,713 100 250,000 Central State Bank 7,181,416 100 587,244 300,000 Bank Nat Portland 27,712 1,464,486 100 50,000 Commercial Say Bk 524,222 12,445,730 100 400.000 Fidelity Trust Co.. 276,474 9,802,765 100 750,000 Des Moines Nat Bk 100 7,624,975 365,579 500,000 Tr Casco-Merc'nttle 189,871 3,979,274 100 400,000 Des Moines Say Bk 942,571 100' 362,069 250,000 Union S D Sr 864,737 100 5,840 100,000 First Trust & S Bk_ 100' 1,712,774 159,394 100,000 Co. ..... . Trust US 57,291 1,791,663 100 50,000 Home Savings Bank 32,274 1,174,200 100 50,000 Iowa Tr & Say Bk. MARYLAND-Nut. banks Nov. 1; State institutions latest returns. 992,964 12,125,270 100 Iowa National Bank 1,200,000 Per share. Baltimore368,746 100 50,000 827 Iowa State Bank.. 200,147 2,539,060 100 112% 300,000 American Bank 100,000 44,790 1,738,742 100 Mechanics' Say Bk 147,094 3,044,270 100 115 125 500,000 Bait Cornm'i Bank_ 100,000 239,967 3,71)2,093 100 People's Say Bank_ 90 108,262 4,549,714 50 80 100,000 Calvert Bank ___ _ _ 469,982 100 50,000 29,916 University State Bk 40,000 1,600,090 100 100 100,000 Canton Nat Bank_ 300,000 318,571 3,479,204 100 Valley Nat Bank.. 44 42% 10 Citizens' Nat Bank 1.000,000 2,913,240 22,632,892 50,000 186,099 1,559,461 100 Valley Say Bank_ _ _ 138,992 3,664,443 50 90 200,000 Commonw'lth Bank 500,000 500,939 t6,115,417 100 Iowa Loan & Tr Co Per share. Drov Sr Mechanics' Dubuque503,969 13,090,706 100 193 205 600,000 100,000 Nat Bank_ _ 18,000 485,000 100 Citizens' State Bk_ 43 290,919 4,498,022 40 41 650,000 Farm Sr Men N Bk 100,000 7,066 846,935 100 Dubuque Nat Bank 130,632 2,135,165 25 45 100,000 _ _ Bank Mercantile 75,00 100 51,891 884,904 Bank Dubuque Say 26y, 10 273 Merch Mech let Nat 2,500,0(X) 2,217,417 35,596,106 200,000 219,510 2,087,479 100 First National Bank 562,719 11,301.171 100 150i 156% Nat Bank of Baltim 1,210.700 1.50,000 78,000 1,100,000 100 Pioneer S B & Tr Co 15 33 750,000 1,031,492 9,790,573 Nat Bank of Comm 150,000 207,991 1,960,771 100 Union Tr dr S Bank _ 350,070 2,606,471 100 130 400,000 Nat Cent Bk of Bait 300,000 209,564 1,939,063 100 Iowa Tr AG Say Bk t Exchange Bank 1,500,000 1,044,434 8,173,035 100 150% 162% 200.000 62,427 1,320,709 tno Second Nat Bank . * Sale price a Includes one-half share of Kent. Vit. S B. (ic Tr. com, stock. b Nov. 17 1916. x Ex-dividend. c Figures date Dec. 12 1918. v bait sale. • June 29 1918. f Common. v May 10 1918. t Includes debentures. s Oct. 17 1918 • Sent. 11 1917. n Aug. 31 1918 d Dec. 211918. Preferred. 58 BANKS AND TRUST COMPANIES [VOL. 108. I Where Names are Printed in italics Fuller Returns may be Found in the Advertising Columns MARYLAND-(Continued.) MASSACI-IUSETTS-(Continued.) Surplus Gross Capital. & Profits. Deposits. Par. Bid. Bait.(Con.)Nat Marine Bank_ 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 Co__ M'di'd Tr Co Merc,Tr es Dep____ Equitable Trust Co Safe Dep es Tr CoTitle Gu es 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 Ask. Per share. Holyoke30 35 36 City National Bk._ 100 133A Holyoke Nat Bank_ 10 13 Park National Bk__ 10 Hadley Falls Tr Co 10 12 100 251 20 31A 34 Lawrence50 143 147 Bay State Nat Bk_ 25 23 25 Arlington Trust Co 100 155 165 Lawrence Trust Co 100 295 315 Merchants' Tr Co.. 100 973,6 50 ______ 185 25 __ 40 Lowell100 690 711 Appleton Nat Bank 100 190 __ Old Lowell Nat Bk_ 50 90 903 Union Nat Bank__ Wamesit Nat Bank FrederickPer share. Lowell Trust Co.._ _ Citizens' Net Bank 100,000 424,487 5,619,392 100 500 Mid'sex S D & T Co Far dr Mach Nat Bk 125,000 154,407 2,449,751 25 33 Franklin Say Bank_ 90,000 51,099 _794,768 100 115 Frod'Ic Co Nat Bk_ 150,000 71,961 1,025,978 15 21 LynnFek Town Say Lust k150,000 183,307 2,106,837 100 170 Central Nat Bank._ Central Trust Co_ 200,000 240,376 2,158,016 100 100 Manufac'rs Nat Bk National City Bank Essex Trust Co _ Lynn S Dep &T Co • Security Trust Co.. MASSACHUSETTS-Nat.bks (exc. Boston) Nov. 1; State inst.latest rer ns $ $ 211,547 4,025,283 723,234 4,937,350 146,009 2,617,761 28,806 1,447,030 33,409 1,148,070 1,295,409 3,339,076 545,370 4,312,738 2,381,992 11,833,678 87,599 1,464,905 1,588,069 5,617,768 1,580,217 13,589,788 304,347 6,831,390 3,439,889 14,298,700 464,710 9,911,660 2,817,477 8,629,913 243,976 3,500,914 392,322 5,707,108 BostonDeposits of banks date Dec. 21. 19181 Per share. Boylston Nat Bank 700,000 336,724 6,134,000 100 122 130 Commercial Nat Bk 250,000 311,172 2,790,000 100 160 First National Bank 7,500,000 20,000,977 168117000 100 450 ioo." Fourth-Atlantic Nat Bank 1,500,000 2,241,711 24,913,000 100 220 225 Merchants' Nat Bk 3,000,000 3,942,423 53,055,000 100 255 260 Nat RockBk of Rox 300,000 661,739 n5,169,885 100 300 325 Nat Security Bank.. 250,000 1,029,376 2,656,000 100 400 425 Nat Shawmut Bank 10,000,000 0,829,490 132001000 100 x195 205 Nat Union Bank. 1,000,000 1,534,037 11,196,000 100 192 195 People's Nat, Roxb 300,000 364,170 n4,037,849 100 160 170 Second Nat Bank.... 2,000,000 3,753,888 38,099,000 100 275 235 Web dr Atlas N Bk_ 1,000,000 1,564,711 11,038,000 100 205 210 American Trust Co 1,000,000 2,690,039 25,781,978 100 350 360 Beacon Trust Co.._ 800,000 1,326,991 17,556,309 100 275 300 Boston S Dep es Tr 1,000,000 3,266,821 14,891,721 100 400 Charlestown Tr Co 200,000 52,729 1,335,767 100 125 130 Columbia Trust Co 100,000 70,632 977,917 100 155 165 Comm'w'lth Tr Co._ 1,000,000 932,527 23,592,713 100 165 175 Cosmopl'n Tr Co_ _ 200,000 184,637 5.341,447 100 200 Dorchester Tr Co.300,000 103,370 2,733,714 100 120 125 Equitable Tr Co.._ _ 200,000 90,134 2,289,173 100 Exchange Trust Co 600,000 515,017 5,756,077 100 134 140 Federal Trust Co.._ 1,000,000 372,967 9,275,473 100 130 135 Fidelity Trust Co.._ 2,000,000 561,880 7,050,901 100 118 125 Hanover Trust Co.. 200,000 64,339 1,016,142 100 Hyde Park Tr Co.._ 200,000 47,641 1,369,903 100 International Tr Co 1,500,000 2,003,719 18,518,133 100 240 250 Jamaica Plain Tr.. 200,000 24,502 641,021 100 105 110 Liberty Trust Co.... 200,000 365,870 4,112,065 100 225 250 Market Trust Co 250,000 267,429 2,151,665 100 160 170 Massachusls Tr Co 500,000 419,407 6,281,132 100 Metropolitan Tr Co 300,000 372,969 5,774,007 100 185 190 New Eng Trust Co.. 1,000,000 3,383,260 23,613,551 100 400 Old Colony Tr Co 6,000,000 8,763,884 137 329903 100 248 252 Old South Tr Co 200,000 63,974 1,458,267 100 110 120 Prudential Tr Co_ _ 200,000 76,209 1,208,802 100 Puritan Trust Co.._ 200,000 206,887 2,051,462 100 170 015-South Boston Tr Co 200,000 07,812 1,430,953 100 .___ .. State St Trust Co._ 1,000,000 1,972,867 30,550,966 100 250 256-Tremont Trust Co_ 200,000 61,141 1,810,467 100 11() 115 IT S Trust Co.. ..._ 1,000,000 1,170,231 3,512,709 100 Winthrop Tr Co._ 100,000 25,461 370,169 BeverlyBeverly Nat Bank_ Beverly Trust Co.._ 300,000 100,000 Per share. 216,427 1,862,397 100 147 39,579 873,041 100 125 BrocktonBrockton Nat Bank Home Nat Bank_ _ Plym'th Co Tr Co_ 300,000 500,000 100,000 373,039 4,736,735 100 407,977 4,504,395 100 82,779 1,715,178 100 Per share. CambridgeCambridge Tr Co._ Central Trust Co._ Charles Rly Tr Co_ Harvard Trust Co_ 100,000 200,000 200,000 200,000 197,107 473,697 232,497 317,147 E. CambridgeLechmere Nat Bank 100,000 Per share. 145,470 1,668,719 100 215 225 2,201,289 3,011,711 2,650,289 4,221,471 100 100 100 100 Per 325 375 210 180 share. 375 425 225 190 Pall RiverFall Riv Nat Bank._ First National Bk_ Massasoit-Pocasset Nat Bank_ Metacomet Nat Bk Durfee Tr Co 400,000 400,000 Per share. 386,441 4,452,539 100 170 487,207 3,386,636 100 210 630,000 750,000 400,000 564,909 7,211,676 100 162 412,047 3,437,300 100 122A 569,959 3,310,477 100 210 FitchburgFitchb'g Bk .1:TrCo Safety Fund N Bk. 500,000 200,000 Per share. 361,571 4,250,760 100 145 150 470,672 4,634,283 100 270 285 GloucesterCape Ann Nat Bk_ Cape Ann Say Bank Gloucester Nat Bk.. Glou S D Tr Co__ 100,000 200,000 167,772 341,700 145,974 357,671 1,929,643 100 3.383,174 1,357,193 100 4,576,867 HaverhillEssex Nat Bank..__ First National Bk. Haverhill Nat Bk__ Merrimack Nat Bk Haverhill Trust Co 100,000 200,000 200,000 240,000 200,000 150,207 372,630 478,549 323,011 112,271 1,752,997 3,389,892 3,146,596 1,426,120 1,977,737 150,000 Per share. 100 100 100 101) 100 Surplus Gross Profits. Deposits. Par. Bid. Capital. t Per 'share 100 125 100 185 190 100 103 :107 100 160 500,000 200,000 100,000 500,000 233,000 311,400 e115,000 307,793 2,800,000 5,007,877 e1,200,000 5,585,151 375,000 200,000 100,000 300,000 201,232 16,691 57,822 248,747 2,161,063 1,147,138 5,101,919 6,497,294 100 100 100 100 300,000 200,000 350,000 250,000 240,000 100,000 230,000 72,564 554,794 127,220 121,134 38,217 2,115,700 1,686,197 5,528,553 695,723 4,569,904 1,435,411 100 100 101) 100 100 11)0 Per 104 100 198 98 95 100 200,000 200,000 200,000 250,000 100,000 200,000 401,000 122,769 e198,576 318,068 291,391 301,094 3,959,979 3,585,239 e3,780,362 2,218,004 4,054,065 5,226,864 100 100 100 100 100 100 Per share 230 ' 140 150 175 '202 315 350 210 235 New BedfordFirst National Bk__ 1,000,000 1,164,914 2,816,018 Mechanics' Nat Bk 813,217 4,496,262 600,000 Merchants' Nat Bk 1,000,000 1,360,179 5,202,501 N Bed S D & Tr Co 317,701 3,750,991 200,000 100 100 100 100 Per share 160 175 200 195 260 ___ Per ;share share • 102 102 PeabodyWarren Nat Bank._ 200,000 Per share 137,279 1,893,047 100 118 --. • SatemMerchants Nat Bk_ Naumkeag Tr Co__ Salem Trust Co 200,000 250,000 200,000 No niml, price 321,940 2,942,661 50 85 _ 207,107 4,816,216 100 145 38,332 1,376,701 100 75 SpringfieldChapin Nat Bank__ Chicopee Nat Bank Springfield Nat Bk. Third Nat Bank_.... Commercial Tr Co Springfield S D & T Union Trust Co..- 440,467 3,981,475 500,000 527,601 7,478,090 400,000 937,320 7,518,991 500,000 837,310 10,279,178 500,000 133,019 2,675,139 350,000 500,001) 1,116,961 6,863,393 500,000 1,054,672 10,793,9.13 TauntonMachinists' Nat Bk Bristol County Tr_ 200,000 300,000 Pe' 8113r0 WorcesterMechanics' Nat Bk 200,000 Merchants' Nat Bk. 750,000 Park Trust Co. 300,000 Worcester Bk Tr Co 1,250,000 100 100 100 100 100 100 100 110 175 233 2;38 180 240 240 130 285 300 Per share. 163,074 1,012,914 /00 150,662 3,334,426 436,921 8,900,496 800,274 16,429,309 128,939 3,911,293 789,724 23,833,672 100 100 100 100 Per share. 225 210 145 200 225 MICHIGAN -Nat. banks Nov. 1; State institutions latest returns. Bay CityBay City Bank.. People's Commercial dv Say Bank 250,000 275,911 3,060,926 100 41)0,000 483,442 6,035,707 100 DetroitAmer State Bank.... Bank of Detroit. Central Say Beak... Comm'w'Ith Say Bk Detroit Say Bank... DimeSave Bank.._ First .1k 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 Sayings Bk_ WayneCoEloSavBk Detroit Trust Co.... Security Trust Co_ Union Trust Co 500,001 500.030 500,000 500,000 750,000 1,000,000 5,000).000 500,000 250,000 1,000,000 1,000,000 2,50)0,000 2,500,000 500,000 3,000,000 1,000,000 500,000 1,000,000 Per share 193,099 7,375,489 513,609 10,889,760 381,920 12,083,383 115,370 2,413,741 1,307,032 18,022,609 1,316,077 28,895,261 3,829,272 60,779,127 269,399 8,152,418 80,474 2,776,777 630,599 10,257,711 1,090,297 22,306,769 1,081,212 23,905,078 4,282,099 76,166,171 170,140 4,91.0,672 4.136,817 52,094,615 2,485,272 0,408,675 1,010,933 p3,731,961 802,674 p5,113,975 101) 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Per share 159 280 300 280 281 175 187 192 131 158A 185 273 350 375 261 181 Grand RapidsPer share City Tr Say Bank 115,011 1,914,857 100 200,000 Com'clal Say Bank 71,202 2,400,791 100 225 300,000 Fourth Nat Bank 293,714 3,42-1,299 100 200 300,000 Gr Rap Nat C'y Bk 1,000.000 387,717 6,8-15,707 100 150 Gr Rapids Say Bk_ 412,617 6,412,942 100 250 400,00 Kent State Bank.... 760,172 8,271,359 100 240 500,000 Old National Bank_ 800,000 1,114,390 8,939,871 100 200 People's Say Bank_ 100,000 . 110,210 1,850,103 100 300 Grand Rapids Tr Co 300,000 173,891 2-101,015 100 150 Michigan Trust Co 200,01)0 939,470 01,440,194 100 700 SaginawBank of Saginaw Commercial Nat Bk Amer State Bank__ People's Say Bank_ Second Nat Bank.. 500,000 100,000 100,000 100,000 500,000 832,077 v105,017 61,555 122,717 v778,499 11,093,766 p876,195 2,499,968 1,513,485 v0,339,291 Per share 100 100 -----100 -----100 100 •Sale price. a Capital to be increased. b New stock. e Capita paid in; authorized amount is larger. k This is the se-called "weekly deposits," now forming capital on which dividends are paid. s Ex-dividend. • Aug. 311018 d May 10 1918. g Includes trust deoosits. Ii Sept. 12 1916. e Dec. 18 (9(8. • June 29 1913, I Last sale. n Nov. 11918. e Oct. 31 1918 JAN., 1919.] BANKS AND TRUST COMPANIES 59 Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns MONTANA-Nat. banks Nov. 1; State institutions latest returns. MINNESOTA-Nat. banks Nov. 1; State institutions latest returns. tir0811 ourptus lir088 OUrpttla Capital. dt Profits. Deposits. Par. Bid. Capital. db Profits. Deposits. Par. Bid. Ask. Ask. Per share. $ Per share. $ $ Butte$ $ $ 800,199 7,714,957 300,000 First Nat Bank_ 1,000,000 1,752,247 15,125,402 100 260 88,796 1,359,960 200,000 Miners SI3k derCo 407,919 5,373,979 100 140 500,000 128,479 11.755,939 200,000 Silver Bow Nat Bk_ 1,000,000 2,199,321 20,600,686 100 300 100,000 455,594 5,936,974 100 Daly Bank & Tr Co 277,147 4,752,373 100 150 500,000 Nom inal. Per share. Helena200,000 245,704 4,239,899 100 Amer Nat Bank__ 800,000 /238,547 11,617,035 100 100 106 100 270 3,189,189 186,749 260 250,000 100 Montana Nat Bk of 5,000,000 5,733,272 73,398,775 87,670 1,425,199 100 150,000 Montana Tr &SaBk 236,190 4.459,291 100 220 200,000 110,000 2,500,000 100 200,000 Conrad Tr & S Bk.. 323,401 6,849,964 100 260 250,000 49n d71 d 1Qn 215 inn 25n.nnn 120 FTnInn ilk Ar Tr On 77,672 1,492,169 100 115 300,000 74,039 1,181,996 100 160 100,000 NEBRASKA-Nat. banks Nov. 1; State institutions latest returns. 500,000 /123,707 /2,800,449 100 120 125 Per share . , ncol n4,000,000 3,082,604 51,613,741 100 a250 260 165 107,369 2,320,404 100 150,000 86,722 3,372,096 100 Central Nat Bank_ 300,000 180 100 177 100 3,742,048 106,799 113351,792 300,000 City Nat Bank__ 1,000,000 1457,042 434,049 4,615,952 100 500,000 67,879 1,732,712 100 250 First Nat Bank____ 100,000 52,277i 1,470,799 100 100,000 80,379 1,833,771 100 140 First Say Bank_ 100,000 250,000, 3,097,995 100 200,000 806,319 3,962,721 100 Nat Bk of Com'ce_ 1,000,000 Per share. Omaha171,8671 2,377,550 100 300,000 209,601 5,221,717 100 145 160 Corn Exch Nat Bk_ 400,000 200 401,527,14,688,171 100 276,797 7,398,779 100 150 160 First Nat Bank..___ 1,250,000 500,000 ----764,389 11,564,938 100 Merchants' Nat Bk 1,000,000 3,000,000 2,855,229 52,412,990 100 100 240 2,964,891 169,279 235 100 27,031,785 200,000 2,184,021 Bank 2,000,000 Nebraska Nat 610,000 100 25,000 100,000 Omaha Nat Bank__ 1,000,000 1,295,796 23,479,190 100 250 79,347, 3,464,037 100 127 175,339 2,371,290 100 140 145 300,000 400,000 State Bank ____. U S National Bk 934,00016,636,558 100 95,472 2,015,939 100 220 1,100,000 100,000 Per share. 194,339 6,693,201 100 200 220 Omaha 350,000 South n77.P51 2 032 0 Inn 2cn 226,002 8,658,057 100 nxn nnn 500,000 Live Stock Nat Bk_ 212 100 250 8,809 985,937'10,98 750,000 Bk_ Nat Yds Stock MISSISSIPPI-Na . banks Nov. 1; State institutions latest returns. 164,799 3,656,413 100 175 200,000 Packers Nat Bank_ Per share. JacksonNEW HAMPSHIRE-Nat. banks Nov. 1. 205,719 1,876,723 100 200,000 Capital Nat Bank.. 616,746 26,024 50,000 Per share. CitizensSay 13k & Tr Manchester100 1,179,618 193,477 100,000 476,277 4,696,231 100 200,000 First Nat Bank..-Amoskeag Nat Bk_ 1,467,183 67,299 100 200,000 ,064 t 1,416 8199,012 e Bk 150,000 N ____ Jackson-Stat First Nat Bank 131,074 2,898,888 250,000 269,899 2,378,928 100 150,000 March Bk & Tr Co.. Manchester Nat Bk 75,133 1,061,443 100 150,000 VicksburgMerchants Nat Bk_ 100 637,444 6,262 150,000 Amer Bank & Tr Co State institutions latest returns. 1; Nov. banks 100 t. 483,300 JERSEY-Na NEW 57,800 100,000 Bank Nat Citizens' 79,557 1,446,472 100 50,000 Per share. City Say & Tr Co_ _ Atlantic City100 2,301,772 189,019 300,000 Bank____ Nat First 568,867 3,055,967 100 50,000 UlanticCityNatBk 250,000 100 7,500 60,000 1,082,760 100 Home Savings Bk_ _ 118,509 200,000 Bk_ Nat 3oardwalk 100,000 /410,950 11,293,011 100 Merchants' Nat 13k 123,109 1,6851551 100 100,000 jheisea Nat Bank_ returns. 299,127 2,067,325 100,000 iecond Nat Bank__ 6111SSOURI-Nat. banks Nov. 1; State institutions latest 167,177 1,484,702 100 100,000 Jnion Nat Bank___ Per share. Kansas City537,379 2,950,894 100 150,000 ktlanticSD & Tr Co 750,994 100 140 28,304 100,000 Central Exch Bank 442,443 2,887,718 600,000 juarantee Trust Co 595,945 100 140 25,470 100,000 City Centre Bank__ 140,902 1,463,965 200,000 i]quitable Trust Co 518,202 9,985,130 100 500 250,000 Com'wealth Nat Bk 210,827 1,905,770 100 100,000 Trust Co._ darine 225 100 13,755,887 152,022 1,000,000 Drovers' Nat Bank BayonneFirst Nat Bank__ __ 1,000,000 2,948,879 42,555,401 100 650 164,000 3,715,409 100 200,000 3ayonne Trust Co.. 92,127 2,867,419 100 210 200,000 Gate City Nat Bk_ 377,897 8,020,214 50 200,000 500,000 1,439,717 14,888,725 100 675 'too." dechanic.s' Tr Co__ Int-State Nat Bank Bridgeton160 100 1,050,060 31,569 100,000 Merchants' Bank.._ 272,507 1,917,928 100,000 3ridgeton Nat Bk_ 141,367 5,820,319 100 166 500,000 Midwest Nat Bank 588,439 2,195,889 150,000 jumberland Nat Bk 543,760 14,453,674 100 185 192 National City Bank 1,500,000 91,297 1,165,973 150,000 Bk Nat Mer & arm 203,207 8,515,709 100 160 Nat Reserve Bank.. 1,000,000 187,539 1,207,307 150,000 :umberland Tr Co_ 906,007 19,994,728 100 235 240 New Eng Nat Bank 1,000,000 Per share. Camden215 74,401 1,616,389 100 100,000 Produce Exch Bank 199,856 4,358,894 100 210 100,000 :amden Nat Bank_ 133,499 1,224,762 100 184 200 200,000 Security Nat Bank_ 392,967 4,766,541 100 *202 200,000 rirst Nat Bank...... _ Southw Nat Bank of 654,414 7,502,888 100 220 500,000 qational State Bk_ 4,000,000 1,593,547 49,529,494 100 278 290 Commerce 904,479 8,758,205 25 *100 500,000 :amden 5 D & T Co 70,740 4,285,998 100 170 176 200,000 Traders' Nat Bank._ 166,307 2,647,686 100 *250 260 100,000 Iroadway Tr Co__ 69,747 1,155,901 100 200 100,000 State Bank 330,874 2,922,443 25 *96 110 100,000 )entral Trust Co.... 157,867 3,090,223 100 235 200,000 Stock Yds Nat Bk_ 72,567 1,533,099 100 160 170 100,000 iIerchants' Tr Co__ 110,000 2,123,765 100 225 250,000 Western Exch Bank 212,414 3,442,898 100 +285 3013 100,000 {amity Trust Co.. 914,739 100 285 78,527 100,000 Westport Ave Bank 2,043,032 100 *225 ..._ . 140,294 100,000 325 Vest Jersey Tr Co_ Commerce Tr Co.... 1,000,000 1,229,334 27,483,798 100 100 n340 350 East OrangeFidelity Trust Co... 1,000.000 1,130,791 12,147,700 100 35,707 1,185,789 50,000 150 !last Orange Bank_ 799,676 5,961 250,000 Liberty Trust Co.._ 325,467 7,226,764 150,000 lay Inv & Tr Co.._ 122,670 2,124,964 100 270 275 200,000 Mercantile Tr Co.._ 245,077 4,600,527 200,000 100 200 County'IV Co !lssex 2,373,670 65,807 200,000 Co__ Trust Peoples Per chars Elizabeth391,700 2,775,033 100 270 267,500 Pioneer Trust Co_ _ 85,797 3,369,344 50 140 50,000 llizabethport B Co 99,736 2,655,274 100 250,000 Fidelity Save Tr Co 865,095 6,201,521 50 140 350,000 Bk_ Per State share. iational St. Joseph42,977 1,516,192 100 100,000 Iizabeth Tr Co.. 149,447 3,458,512 100 200,000 Burnes Nat Bank... 399,244 6,517,170 100 340 300,000 'Mon Co Trust Co 460,190 6,982,917 100 500,000 First Nat Bank___ Per share. Hoboken250,797 7,641,063 100 200,000 Amer Nat Bk 641,799 8,800,795 25 92 100 220,000 f'irst Nat Bank..__.. 250,000 4,500,000 100 250,000 St Jos 51k Yds Bk_ ___ 390 100 7,938,728 312,644 250,000 lecond Nat Bank__ 224,479 /9,303,898 100 200,000 Tootle-Lacy N Bk_ 630,101 100 150 165 65,677 100,000 1olumbla Tr Co__ 52,697 1,341,009 100 50,000 First Trust Co.._ _ 250 100 2,977,965 184,826 100,000 Ioboken Trust Co.. 965,459 100 43,545 100,000 Missouri Val Tr Co Per share. Iudson Trust Co.._ 1,000,000 1,247,397 17,829,763 100 400 430 St. Louis127,026 2,864,411 100 175 200,000 Co.. 140 100 Trust efferson 1,168,858 25,000 100,000 Baden Bank 124,339 2,134,078 100 250 100,000 105 3 leneck Trust Co.. 842,994 15,689,775 100 101 Boatmen's Bank...._ 2,000,000 751,762 23,446,289 100 375 400 600,000 'rust Co of N J___ 626,927 4,292,314 100 325 200,000 Bremen Bank Per share. 230 100 CityJersey 151,569 2,303,706 100,000 Cass Avenue Bank.. 91,677 2,137,947 100 185 ...... 100,000 naremont Bank__ 418,917 15,184,599 100 128 133-Central Nat Bank_ 1,000,000 320 100 13,697,121 1,325,849 400,000 Bank 250 100 National lirst 111,927 1,761,420 100,000 Chippewa Bank...... 250,000 d785,109 d5,601,903 100 390 400 305 rudson Co Nat Bk 869,422 7,170,677 100 600,000 Franklin Bank.._ d48,744 d2,062,144 100 100 120 200,000 lerchants' Nat Bk 56,297 1,675,248 100 220 240 100,000 Grand Ave Bank.... :omm'l Tr N J____ 1,000,000 2,608,94726,830,966 100 400 420 585,690 6,608,888 100 240 260 500,000 Internat. Bank St L 86,387 2,608,234 100 200 275 100,000 80 Co Tr 100 & Bk ireenv 2,267,767 42,141 200,000 Jefferson Bank.... _ _ 503,406 3,639,776 100 300 320 150,000 .incoln Trust Co.... 427,179 11,736,374 100 285 800,000 LafayetteSoSide Ilk 3,452,441 100 200 96,000 100,000 Co__ 100 Tr 200 tercantile 14,540,443 Liberty Bk of St Lo 1,500,000 1,429,007 955,021 100 90 100 1 J T Gu & Tr Co._ 1,000,000 1,237,697 10,812,710 100 320 360 21,644 100,000 Lowell Bank 75 4,732,191 100 65 152,542 300,000 Co__ 175 100 Trust Won 2,487,916 142,140 250,000 Manchester Bank.... 24l3. Long BranchMech-Amer Nat Bk 2,000,000 2,938,391 37,013,664 100 v1,200,000 100 v200,000 100,000 Bank 100 Nat 250 litizens' 14,956,308 1,914,517 March Laclede Nat 1,700,000 689,261 50 40,064 100,000 100 iong Branch Bkg Co Nat Bank of Com'ce_ 10,000,000 3,81(3,642 62,872,624 100 115k, 116 Per share. Morristown:37,819 1,518,731 150,000 Night & Day Bank_ 1 220 100 3,733,139 249,212 200,000 'Irst Nat Bank__ 670,920 5,791,816 100 300 350 200,000 Northwest'n Bank_ 50 125 150 2,533,326 78,294 200,000 Bk__ 100 Iron rational 95,030,763 2,923,124 St Louis Union Bk_ 2,500,000 1130 100 769,290 51,314 150,000 .merican Trust Co 96,692 2,109,114 100 300 100,000 Southin Coin & Say 350 496,190 9,080,760 100 600,000 100 185 forristown Tr Co State Nat Bank__ 2,000,000 1,010,029 11,515,175 100 210 Per share Mt. Holly2,000,000 2,331,042 43,801,900 Third Nat Bank_ _ 25 6616,131 679,618 100,000 Bank 100 Nat 198 Holly 8,149,060 ft 739,060 United States Bank 1,000,000 131,197 1,038,668 50 100,000 rnion Nat Bank_ 187,937 6,330,355 100 American Trust Co 1,000,000 868,490 100 67,279 200,000 'armors' Trust Co.. 120,267 1,556,972 100 185 205 100,000 B'way Say Tr Co_ _ Per share. 612,100 100 125 135 Newark29,191 100,000 Chouteau Trust Co __ _.. 100 109 5,378,935 125,740 300,000 Bank Nat 110 100 120 1,155,400 .merican 11,867 100,000 City Trust Co 105 100 2,874,627 72,927 200,000 507,019 100 115 125 ed & Market N B :30,220 100,000 Easton-TaylorTrCo ____ . 100 235 3,103,392 465,672 350,000 __ 125 100 Bank_ 150 Nat 1,815,740 Ms' 30,514 200,000 Farm & Mer Tr Co.. 796,767 6,917,756 100 230 500,000 lerchants' Nat Bk 20,444 1,169,392 100 100 118 100,000 Jeff-Gravois Tr Co.. 120 &Essex 115 100 937,551 Newark rat 48,237 100,000 Laclede Trust Co.._ 2,000,000 2,167,272 40,611,403 100 300 315 333,005 100 Bkg Co 50 5,191 50,000 Meramec Trust Co.. 648,710 7,739,580 100 200 210 500,000 335 rational State Bk_ Mercantile Tr Co.._ 3,000,000 7,000,060 38,114,248 100 355,876 6,085,473 100 340 360 200,000 forth Ward Nat B Miss Vail Tr Co___ 3.000.000 5,48(3,0.11 24,657,721 100 265 25,843,347 100 336 ........ _ 2,481,863 1,500,000 200 190 Bank 1,332,955 100 Nat 'nion 93,071 100,000 Nor St L Say Tr Co ___.. 69,500 1,972,766 100 180 100,000 300 100 'lty Trust Co Does no banking business St L Union Tr Co.._ 2,251,373 100 150 83,347 100,000 Co 100 Trust 100 897,056 110 Hilton 16,090 100,000 Sayings Trust Co.._ 215 100 8,154,995 1,000,000 1,042,532 edoral Trust Co 36,527 1,627,607 100 160 170 200.000 South Side Tr Co_ _ 85 736,418 100 80 hiellty Trust Co__ 3,000,000 2,891,564 25,279,794 100 375 400 _ 12,116 50,000 Vandeventer Tr Co 228.524 5.405.300 100 235 200.000 Tr Co.... 120 !onbound 110 100 811,560 30,847 100,000 Co L Trust St West I Capita to be increased. Ex-dlyidenl. z stock. New k in. g Is paid amount Amount larger. authorized * Sale price. c Capital paid in; t Aug 31 1918. v Dec. 27 r April 25 1917. s June 20 1918 dJune 29 1918. e Sept. 17 1918. ii Ineluding Fidelity Say. Sc Tr. stock. 1 Last stock. Tr. & L. Mum a Includos 1918. h Dec. 31 1915 DuluthAmer Exch Nat Bk City National Bank First National Bank Northern Nat Bank Minneapolis-Bankers Nat Bank Pirst it Secur Nat Bk North Amer Bank_ HennepinCoSayBk Mercantile State Bk Merch & Mfg St Bk Metrop Nat Bank_ Northwest Nat Bk. St Anth'y Falls Bk_ Midland Nat Bk _South Side State Bk Union State Bank_ Minn L'n & Tr Co_ St. PaulAmerican Nat Bank Capital Nat Bank_ First National Bank Merchants' Nat Bk Metropolitan Bank Nat Bank of Comm Central Bank Stock Yards Nat Bk minis.' pr A,Slav ni, 60 BANKS AND TRUST COMPANIES [VoL. 108. Where Names are Printed in Italics Puller Returns may be Found in the Advertising Columns NEW JERSEY-(Concluded.) Surplus Capital. (11 Profits. -----Newark (Con.) $ $ Newark Trust Co.. 100,000 20,000 Spegf'ld Av Tr Co.. 100,000 45,442 Washington Tr Co.. 200,000 115,837 West Side Tr Co..- _ 200,000 400,079 New Brunswick Nat Bank of NJ...... 250,000 628,672 People's Nat Bank.. 100,000 187,249 New Bruns Tr Co..100,000 115,277 PassaicPassaic Nat Bank_ 200,000 533,274 Hobart Trust Co__ 100,000 163,249 Passaic T dc S D Co 200,000 352,594 People's Blidar Co 200,000 390,547 NEW YORK-(Continued.) Gross Deposits. Par. Bid. Surplus Gross Ash. Capital. & Profits. Deposits. Par. Bid. Ask. --- -------------Per share. N. Y. City (Con.) Per share. $ $ 1,592,941 100 100 Chatham & Phenix 1,804,454 100 120 National Bank_ 3,500.000 3,081,400 93,158,000 100 245 1,716,746 100 160 Chelsea Exch Bank 400,000 135,711 e6,281,400 100 115 125 5,881,099 100 280 Chemical Nat Bank.. 3,000,000 9,623,200 68,739,000 100 450 Per share. Citizens' National.. 2,550,000 2,992,187 33,012,000 100 215 225 6,803,587 100 295 300 City Bank, Nat'l__ 25,000,000 51,380,200 613432000 100 455 465 2,351,608 100 285 290 Coal tlb Iron Nat Bk- 1,000,000 1,028,124 11,380,000 100 215 225 2,964,136 100 Colonial Bank 500,000 1,088,400 10,898,000 100 400 Per share. Columbia Bank__ 1,000,000 651,222 13,081,000 100 155 165 3,361,866 100 275 Cotn'ce, Nat Bk of.. 25,000,000 24,376,700 308898000 100 198 200 2,246,709 100 Commer'l Etch Bk. 200,000 871,069 6,430,000 100 390 410 6,612,793 100 Commonwealth Bk 400,000 753,860 6,875,000 100 195 4,319,726 100 Continental Bank..- 1,000,000 664,011 4,922,000 75 104 110 Corn Exchange Bk_ 3,500,000 8,548,571 113623000 100 345 355 PatersonPer share. Cosmopolitan Bank 100,000 39,800 81,465,700 100 85 100 first National Bank 800,000 673,576 3,928,711 100 245 260 East River Nat Bk_ 25 250,000 100,800 4,108,000 25 20 Paterson Nat Bank 300,000 1540,000 0,916,106 100 290 Fifth Avenue Bank 200,000 2,223,694 17,826,000 100 h1800 2200 Second Nat Bank_ 250,000 397,147 6,808,874 50 190 200 Fifth National Bk. 250,000 408,900 6,751,000 100 215 230 Paterson Say Inst._ 1,000,000 350 711,090 16,326,305 100 First Nat Bank...... 10,000,000 31,608,554 166185000 100 960 980 Citizens' Trust Co.. 234,900 422,777 4,510,264 100 275 Garfield Nat Bank. 1,000,000 1,372,749 10,856,000 100 175 185 Franklin Trust Co.. 150,000 102,060 1,518,181 _- 170 Gotham Nat Bank_ 200,000 208,000 e6,469,400 100 200 Hamilton Trust Co 500,000 453,914 6,580,929 100 340 W R Grace dc CoBk 500,000 757,066 5,814,000 100 Paterson S DdarCo 300,000 442,737 4,484,471 100 330 350 Greenwich Bank__ 500,000 1,476,800 16,046,000 100 335 350 U S Trust Co 350,000 490,576 8,457,211 100 375 400 Hanover Nat Bank__ 3,000,000 18,278,000 133205000 100 740 760 Harriman Nat Bk_ 1,000,000 1,353,700 e27403,000 100 245 PlainfieldImport de Trad Nat 1,500,000 8,023,047 25,827,000 100 510 City Nat Bank 150,009 293,649 3,732,258 International Bank 500,000 198,800 5,299,000 100 First Nat Bank.. 200,000 158,977 4,266,209 Irving National Bk 4,500,000 5,647,300 106327000 100 p274 280 Plainfield Trust Co 300,000 375,255 7,412,020 Liberty Nat Bank_ 3,000,000 4,132,799 67,147,000 100 415 430 State Trust Co...._ 100,000 63,444 1,726,875 Lincoln Nat Bank.. 1,000,000 2,008,677 14,801,000 100 250 275 ManhattanCo,Bkof 2,500,000 7,165,677 52,152,000 50 180 190 TrentonMach de Metals Broad St Nat Bank 250,000 464,192 4,701,456 100 *190 National Bank.._ 6,000,000 11,137,697 176720000 100 335 345 First Nat 500,000 __ 212 571,374 6,621,874 100 Merchants' Nat Bk 2,000,000 2,809,709 22,850,000 50 125 135 Mechanics' Bank..Nat Bk 500,000 1,386,674 12,597,093 50 280 Metropolitan Bank 2,000,000 2,316,767 22,896,000 100 175 Trenton Bkg Co__ _ 500,000 822,064 4,800,778 50 Mutual Bank_ 200,000 548,009 8,497,000 100 375 Mercer Trust Co.. 189,507 2,879,178 100 100,000 Nemeth State Bk _ 100,000 27,339 61,008,668 100 Trenton TdcS D Co 316,272 4,687,294 100 ----- New Neth'iand Bk.. 200,000 200,000 196,462 4,811,000 100 200 215 N Y Co Nat Bank_ 1,000,000 392,864 10,952,000 100 130 140 NYNB A, Bk of 2,000,000 5,525,476 34,364,000 100 425 Pacific Bank 500,000 i.o97,489J 14,025,000 50 150 NEW YORK-Nag.bks.(except N.Y.City) Nov.1; State inst.latest returns. Park Bank, Nat 5,000,000 18,591,200 170349000 100 530 AlbanyPer share. Produce Ex Bk,N Y 1,000,000 1,208,50021,999,000 100 200 First Nat Bank- _ _ 600,000 t546,0011t8,518,102 100 180 185 Public Nat Bank 1,000,000 1,019,0941032970,100 100 240 250 Mach (lc Farmers.... 250,000 1,062,078. 1,656,697 100 550 Seaboard Nat Bank_ 1,000,000 3,716,07644,151,000 100 450 470 Nat Commercial Bk 1,000,000 2,076,271 25,297,738 100 345 350 Second Nat Bank 1,000,000 4,019,250 16,215,000 100 400 425 N Y State Nat Bk_ 500,000 564,011 23,286,113 100 270 275 Sherman Nat Bank 500,000 197,771 e7,468,000 100 125 135 Albany Trust Co.... 400,000 277,007 7,868,735 100 170 175 State Bank 2,000,000 548,300 35,937,000 100 124 UnionTrust Co__ 250,000 571,964 6,040,767 100 350 Twenty-third W Bk 200,000 141,000 83,918,700 100 115 130 Union Exch Nat Bk 1,000,000 1,326,490 14,079,000 100 145 155 AuburnPer share. Wash Ills, Bank of 100,000 469,507 2,154,000 100 275 Cayuga Co Nat Bk 200,000 320,441 1,957,117 100 Westchester Ave Bk 100,000 83,307 e2,305,008 100 160 175 Nat Bk of Auburn.. 200,000 97,829 1,803,714 100 Yorkville Bank__ _ 200,000 609,100 8,470,000 100 290 310 Auburn Trust Co... 150,000 224,504 3,405,038 Bankers Trust Co....15,000,000 16,283,200 294678400 100 450 465 Central Union Tr BinghamtonPer share. Co 12,500,000 18,046,700 235815300 100 405 412 Citizens Bank 100,000 70,271 1,169,176 100 148 152 Columbia Trust Co 5,000,000 6,850,479 88,699,714 100 310 320 City National Bank 200,000 293,747 1,769,410 100 200 212 Commercial Tr Co.. 500,000 123,200 4,873,400 100 88 100 First Nat Bank_ _ _ 400,000 230,995 3,994,903 100 160 170 Etnpire Trust Co 2,090,000 2,000,000 41,000,000 100 290 300 People's Trust Co.._ 500,000 119,094 3,916,441 100 120 135 Equitable Trust Co 6,000,000 14,423,971 217862383 100 385 395 Farmers' L dc T Co_ 5,000,000 12,009,800 176330461 100 410 420 Brooklyn-Dspo sits of Broo klyn banks are reporte d net and or e of Fidelity Trust Co 1,000,000 1,283,200 11,859,300 100 220 date Dec. 28 19 18. Burnt us and pro fits are of date Nov. 1 Fulton Trust Co.._ 500,000 643,874 7,589,331 100 230 260 1918 for Nation at and No,. 1 or St ate Banks. Per share. Guaranty Trust Co 25,000,000 27,428,964 543513362 100 367 377 Bank of Coney IBM 100,000 68,112 01,934,792 100 140 155 Hudson Trust Co__ 500,000 608,300 5,017,000 100 135 145 First National Bk__ 300,000 663,143 6,469,000 100 265 280' Irving Trust Co .. _ 1,500,000 1,142,017 45,824,910 100 Greenpoint Nat Bk 200,000 219,500 62,827,300 100 180 165 Lawyers' Title de alliside Bank 100,000 47,800 e1,091,900 100 110 120 4,000,000 5,236,200 15,145,900 100 95 100' Trust Co Homestead Bank.._ 200,000 80 73,579 81,495,758 100 70 Lincoln Trust Co._ 1,000,000 614,329 19,029,701 100 150 Mechanics' Bank.... 1,600,000 865,741 24,751,000 50 57 62 MercantileTrdcDCo 1,000,000 "716,900 15,189,300 100 210 Montauk Bank _ _ 100,000 95 56,800 e1,381,200 100 85 Metropolitan Tr Co 2,000,000 4,383,200 36,912,800 100 345 Nassau Nat Bank 1,000,000 1,173,000 10,601,000 100 200 207 N Y L Ins de Tr Co 1,000,000 4,406,407 23,701,700 100 775 825 National City Bank 300,000 505,100 5,729,000 50 133 138 New York Trust Co 3,000,000 10,769,000 78,405,000 100 595 610 North Side Bank.... 200,000 226,649 4,814,000 100 175 200 Scandinavian Tr Co 1,000,000 1,879,279 27,595,288 100 290 305 People's Nat Bank_ 200,000 191,400 e3,179,400 100 130 140 Title Guar de Tr Co 5,000,000 11,947,880 29,679,164 100 340 345 Ridgewood Nat Bk 100,000 134,200 e3,782,500 100 Transatlantic Tr Co 700,000 440,100 6,748,700 100 170 Brooklyn Trust Co_ 1,500,000 2,518,227. 100 500 515 U S Mtge dr Tr Co.. 2,000,000 4,628,700 67,347,700 100 430 Franklin Trust Co.. 1,000,000 „ 20:894,417 100 220 230 14,556,941 36,047,735 100 885 910 Tr Y.. Co 2,000,000 US of N Hamilton Trust Co 500,000 1,030,777 7,646,267 100 260 270 Jamaica, L.I.Kings Co Trust Co.. 500,000 2,705,267 21,004,230 100 620 650 Bank of Long Isi'd_ 900,000 773,200 18,032,000 100 Manufact'rs' Tr Co 1,000,000 785,039 28,083,285 100 160 First Nat Bank _ _ 100,000 38,800 1,826,300 100 People's Trust Co_ 1,000,000 1,306,469 27,207,402 100 290 Queens Co Trust Co 600,000 113,700 2,789,700 100 65 75 BuffaloPer share. Bank of Buffalo 1,000,000 1,423,532 21,458,166 100 290 305 RochesterPer share. Liberty Bank _ _ 500,000 721,570 18,377,175 100 350 Alliance Bank--- - 500,000 692,447 13,772,772 100 210 218 Manuf & Trad Nat 2,000,000 1,985,407 36,195,370 100 280 g6- - Central Bank 300,000 325,077 9,343,777 100 205 215 Marine Nat Bank.... 5,000,000 4,693,229 58,159,266 100 330 340 Citizens Bitnk 250.000 134,019 1,770,042 100 130 140 Market Bank 81,849 3,476,428 100 215 ----- Merchants' Bank... 100,000 500,000 460,010 7,481,265 100 170 180 People's Bank 859,570 15,461,379 100 250 600,000 Lincoln Nat Bank.. 1,000,000 1,881,719 18,488,430 100 215 218 Un Stock Yds Bk._ 168,860 6,517,213 100 150 250,000 Nat Bank of Comm 750,000 881,700 10,651,761 100 155 160 Bankers Trust Co.... 2,000,000 1,018,721 17,450,998 100 200 210 Traders' Nat Bank_ 500,010 395,994 8,288,746 100 140 160 Buffalo Trust Co.._ 500,000 500,000 9,385,425 100 230 235 Fidelity Trust Co 500,0(I ) 447,414 9,056,011 100 176 225 Citiz Com'l Tr Co.. 1,250,000 1,602,332 20,375,748 100 230 235 Genesee Vail Tr Co 400,000 554,487 7,454,221 100 100 City Trust Co.._...... 379,701 10,329,177 100 200 205 500,000 Roch Tr de S D Co.. 500,000 837,137 21,776,248 100 350 500 Fidelity Trust Co_ 525,674 14,216,178 100 200 225 500,000 Security Trust Co.. 300,000 690,553 14,310,329 100 --_-._ 510 ElmiraPer share. Union Trust Co.... 1,000,000 505,874 12,309,946 100 140 150 Merchants' Nat Bk 250,000 139,377 1,393,100 100 Second Nat Bank 568,219 5,160,145 100 100,000 SyracusPer share. Chemung Can T Co 553,971 5,801,370 100 600,000 . City Bank 734,073 402,414 7,855,703 100 145 150 ....... First Nat Bank_ 1,000,000 709,739 12,711,258 100 220 225 New York City- Deposits of N. Y. City banks are repo rted net and Merchants' Nat Bk 300,000 331,697 2,040,919 200 200 210 are of date Dec. 28 1918. Surplus an d profits ar e of date No v. 1 Salt Springs Nat Bk 500,000 354,749 3,431,440 100 150 160 1918 for Nation at and Nov 1 for State Banks. A divi dend re cord Third Nat Bank.. _ _ 309,000 196,140 2,682,213 100 __ 155 of banks and trust comp anies in N ew York Ci ty an d Broo klyn Central City Tr Co 300,000 326,007 2,946,216 200 205 210 may be found in our "Ry. and Ind." Sec., paye 205 Syracuse Trust Co_ 500,000 775,956 13,764,051 200 320 330 America, Bank of.... 1,500,000 6,859,761 29,005,000 100 500 515 Tr de D Co of Onoo 1,000,000 680,005 21,065,091 100 230 240 Am Exch Nat Bank 5,000,000 5,571,347 101874000 100 220 230 Atlantic Nat Bank_ 1,000,000 051,000 13,823,000 100 170 180 TroyPer share. Bank of Cuba 96,700 61,147,700 100 175 100,000 Manufac'rs Nat Bk 663,170 12,732,760 100 525 150,000 Bank of Europe.- _ 100,679 e3,350,022 100 110 130 150,000 National City Bank 302,994 5,280,766 100 170 172 300,000 Bank of U 234,747 e6,172,769 100 500 _ 1,000,000 Nat St Bk of Troy_ 250,000 412,967 3,600,018 100 213 220 Battery Pk Nat Bk 1,500,000 1,549,179 7,231,000 100 190 200 People's Bank 995,640 100 214 216 100,000 137,229 5,120,000 100 400 Bowery Bank__ 816,700 250,000 Union Nat Bank._ 300,000 /85,589 12,541,950 50 100 115 40,700 61,677,700 100 135 113- United Nat Bank.... .240,000 1436,327 /938,300 100 295 300 Broadway Cent Bk 100,000 Bronx Borough Bk_ 72,900 e2,319,600 100 125 175 150,000 Security Trust Co_ 156,680 3,657,892 100 190 195 200,000 Bronx Nat Bank.... 228,429 e2,220,400 100 160 170 200,000 Troy Trust Co-... 58,124 2,014,108 100 93 200,000 95 148,271 e2,319,600 100 145 155 Bryant Park Bank_ 200,000 Butch de Drov Nat.. 108,600 2,683,000 25 20 300,000 25 rlhaseNational Bk_ 10,000,000 15,522,097 290211000 100 300 410 55,600 81,192,100 150 165 170 Ceat Mercantile Bk 100,000 *Sale price. 6Paid in. 1 Capital to be increased. x Ex-dividend. c Oct. 18 1918. • Nov. 1 1918. Last sale. I Aug. 31 1918 • Sept. 10 1918. a June 29 1918 ta New stank. a April 20 1918. o Cr. ars. Includes 1-3 share Irving Trust Co. v Et-rights. r April 1 1918. d April 241918. n May' 10 1918. t Dollars per share. 61 BANKS AND TRUST COMPANIES JAN., 1919.] Found in the Advertising Columns Where Names are Printed in Italids Fuller Returns may be OH10-(Concluded.) NEW YORK-(Concluded.) UticaFirst Nat Bank____ Oneida Nat Bank__ Utica City_Nat BkCitizens' Trust Co_ Oneida Co Tr Co.... Utica Tr & Dep Co_ WatertownCity National Bank Jefferson Co Nat B Watertown Nat Bk North'n N Y Tr Co Westchester Co Mt Vernon-let N_ Mt Vernon Tr Co New RochelleNat City Bank_North Ave Bk___ Huguenot Tr Co_ N Rochelle Tr Co Ossining-lst Nat.. Ossining Nat Bk_ PeekskillWestch Co Nat.... PleasantovilleMt Pleasant Bk. Port Chester-let N Mutual Trust Co Elye-Rye Nat Bk__ Tarrytown Nat Bk_ White PlainsCitizens Bank_ _ _ Cent Bk West Co County Trust Co First Nat Bank.._ Yonkers-let Nat__ Yonkers Nat Bk_ Weatchater Tr Co Gross Surplus Capital. 'I Profits. Deposits. Par. Bid. Per $ $ $ 1,250,000 1,680,219 10,152,522 100 e275 878,876 3,719,908 100 210 600,000 369,579 3,420,191 100 110 1,000,000 637,509 10,505,744 100 290 500,000 382,914 2,426,794 100 250,000 758,941 14,061,470 100 345 000,000 Per 100,000 4117,442 c1,435,047 100 100 250,000 r358,374 r3,498,725 200,000 n308,339 n2,254,791 100 644,787 7,887,948 100 400,000 Per 85,721 4,059,279 100 200,000 217,769 3,981,944 100 200,000 n97,094 n3,944,902 571,978 30,607 91,576 1,384,375 113,714 3,686,414 n87,447 n565,261 965,719 33,557 200,000 50,000 150,000 200,000 100,000 100,000 100,000 share. 280 220 120 300 355 share. share. 100 ' 100 100 100 n354,392 n3,910,157 , 50 50,000 100,000 300,000 60,000 100,000 39,847 194,013 77,859 c94,494 145,221 1,004,993 1,317,547 1,676,675 c1,000,000 1,374,277 100,000 100,000 100,000 100,000 300,000 200,000 300.000 66,321 140,174 113,880 63,214 81,779 18,617 175.147 1,657,794 934,130 2,747,032 1,266,686 3,426,696 2,060,893 2,896,245 100 100 105 100 100 100 100 100 100 50 100 100 130 Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. 125 140 returns. NORTH CAROLINA-Nat.bks. Nov. 1; State inatitutsons latest Charlotte268,389 3,315,299 100 200 250,000 Charlotte Nat Bk_ _ 472,071 2,098,577 100 175 500,000 Commercial Nat Bk 205 1,078,777 100 527,517 300,000 First Nat Bank.._ _ _ 339,497 1,603,003 100 225 200,000 Mer dc Farm N Bk_ 250 100 1,845,560 131,079 100,000 Union Nat Bank_ _ _ 101 460,394 4,468,419 100 525,000 American Trust Co 274,967 2,013,171 100 158 500,000 Independ'ce Tr Co.. 225 100 385,129 71,499 60,000 Bk_ S & L Southern Durham100,000 d117,000 d1,200,000 100 Citizens' Nat Bank 583,522 4,419,969 100,000 Fidelity Bank 150,000 n272,027 n2,411,100 100 Bank.... Nat First 650,000 41,700 50,000 Home Say Bank...._ 750,000 56,064 100,000 Merchants' Bank__ Greensboro100 3,406,064 150,914 400,000 Bk Nat Exch Amer 42,279 2,172,696 100 200,000 Greensboro L Sc Tr.. 40,694 1,101,697 100 100,000 Greensboro Nat Bk 356,256 100 53,022 25,000 Textile Bank Per share. Raleigh135 100 2,811,485 103,797 300,000 Citizens Nat Bank.. 110 152,409 4,210,235 100 300,000 Comm'l Nat Bank.. 200 100 4,238,702 170,292 100,000 Merchants' Nat Bk 150 908,994 100 45,297 100,000 Raleigh Bkg&TrCo Per share. Wilmington33,170 2,832,725 100 200,000 Amer Bk dr Tr Co_ _ 100 11,589.795 955,774 1,000,000 Murchison Nat Bk_ 134,119 1,916,977 25 65,000 People's Say Bank.. 312,240 3,193,422 50 100,000 Wilm Say & Tr Co_ Winston•Salem 840,000 100 22,881 100,000 Merchants Nat Bk. 150,000 • 33,000 1,200,000 100 People's Nat Bank.. 100 16,430,003 965,762 1,250,000 Wachovia Bk & Tr.. latest returns. institutions State 1; Nov. banks -Nat. NORTH DAKOTA Per share. Fargo17,0491 446,767 100 50,000 Fargo National Bk_ 100 285,207 7,809,736 300,000 First Nat Bank_ _133,9421 2,194,217 100 100,000 Merchants Nat Bk_ 28,447 1,909,699 100 100,000 Northern Say Bank $ 67,320 1,250,000 193,499 1,388,196 157,697 2,546,891 3,237,727 81,369,367 406,469 8,860,737 190,799 3,542,693 n735,976 n8,894,776 1,425,630 9,212,497 561,322 9,315,392 581,524 6,939,319 458,000 11,596,000 Cleveland (Con.) 200,000 Clark Ave Say Bk_ 250,000 Clay Say & Loan Co 100,000 Columbia S & L Co 2,500,000 First Nat Bank 350,000 Garfield Say Bk Co 200,000 Lorain St Say BkCo National City Bank 2,000,000 1,600,000 Nat Commercial Bk 600,000 Pearl St S & T Co 500,000 People's Say Bk Co United Bk & Say Co 1,000,000 Union Commerce 4,000,000 3,698,757 49,729,475 Nat Bank 994,247 11,927 100,000 W Clevel'd Bkg Co 607,967 8,455,914 300,000 B'way Say & Tr Co 53,521,171 5,320,171 4,000,000 Citizens' S & Tr Co Cleveland Trust Co 2,500,000 2,652,949 53,652,667 913,744 18,931,787 First Tr dc Say Bk_ 1,250,000 Guardian Say & Tr 3,000,000 3,600,137 42,910,665 233,980 16,253,406 500,000 L Sh Bkg & Tr Co.. 137,490 4,758,744 250,000 State Bkg & Tr Co.. 15,144,978 1,315,303 500,000 Super'r S dr Tr Co.... 442,461 1,330,322 856,000 Union Say Sc L Co.. 8,207,942 529,940 350,000 Woodl'd Av El Sc Tr Columbus696,493 43,514 100,000 Capital City Bank.. 25,499 2,126,237 200,000 Central Nat Bank.. 5,329,933 167,192 700,000 Citizens' Tr Sc Say_ 265,137 5,851,237 300,000 City National Bk 861,155 80,094 50,000 Columbus Say Bk_ 497,330 6,418,989 300,000 Commercl N Bank 800,000 52,000 25,000 Fifth Ave Say Bk__ 790,779 7,159,896 700,000 Hayden-Clin N B.._ 215,709 6,561,808 500,000 Huntington Nat B 779,000 12,097 40,000 Lincoln Say Bk Co.. 126,723 2,295,164 100,000 Market Each Bank 257,544 3,635,732 200,000 Nat Bk of Com'ce_ 562,694 6,567,749 500,000 New First Nat Bk_ 591,841 9,427,287 400,000 Ohio National Bank 201,497 2,872,970 400,000 Stat,eS Bk & Tr Co Dayton124,376 1,146,557 200,000 Amer Nat Bk 339,547 4,457,617 200,000 City National Bank 1,992,189 202,094 300,000 Dayton Nat Bank.. 60,727 1,631,697 100,000 First Say Sc Bk Co.. 2,270,500 382,977 600,000 Fourth Nat Bank 133,014 1,842,189 200,000 Merchants' Nat Bk 319,477 2,121,368 400,000 Third Nat Bank__ 326,277 3,346,947 Winters Nat Bank_ 1,000,000 20,882 1,447,167 100,000 City Tr & Say Bk_ _ 380,067 8,217,922 300,000 Dayton Say Sc T Co Toledo87,244 4,658,960 200,000 Com Say B & Tr Co 136,119 4,721,105 225,600 Dime Say Bank Co 500,000 1,361,579 9,197,007 First Nat Bank_ _-400,694 4,036,977 250,000 Home Say Bank...... 21,393 1,780,874 200,000 Market Say Bk Co_ 303,160 1,858,136 150,000 Mer & Cl'k S Bk...._ 520,871 11,334,689 Nat Bk of Com'ce- 1,000,000 779,229 7,812,093 Northern Nat Bk_ - 1,000,000 568,764 13,483,325 850,000 Ohio S Bk dr Tr Co_ 12,518,699 2,293,209 Second Nat Bank.... 1,000,000 257,226 3,825,006 250,000 &cur S B Sc Tr Co_ 1,819,221 84,434 300,000 t3pitzer-Ror T Sc Bk 544,617 2,894,269 300,000 Tol Say Bk Sc Tr Co 1,979,766 73,757 200,000 Cont'l Tr Sc S Bk__ 347,140 1,035,992 250,000 Union Says Bank_ _ Youngstown208,677 4,685,436 200,000 City Tr&Say Bank.. 544,120 4,680,762 500,000 Commer'l Nat Bk_ Dollar Say Sc Tr Co 1,500,000 1,370,191 17,453,443 1,500,000 1,819,632 13,851,696 First Nat Bank_ _ 477,051 3,518,104 500,000 Mahoning Nat Bk_ 87,007 1,39.5,910 100,000 Mahoning S&Tr Co 100 100 60 100 8386 100.... 100 100 100 100 169 50 461 200 100 y300 100,000 25,000 25,000 50,000 202 400 250 210 150 260 100 102 50 100 287 100 a450 480 100 257M 268% 100 100 225 227 315 100 100 172 100 330 151 100 300 100 Per share. 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Per share 100 140 145 295 300 100 100 150 155 100 155 160 170 100 100 146 149 100 175 180 100 170 174 100 100 210 217 Per share 100 120 50 145 155 100 330 100 275 585100 110 100 300 330 100 142 146 100 175 180 100 165 175 100 320 325 100 190 200 100 125 100 260 300 100 110 100 235 250 Per share 100 100 100 100 100 - OKLAHOMA-National banks Nov. 1; State institutions GuthrieFirst Nat Bank........ Guthrie Say Bank Logan County Bk_ Oklahoma State Bk Ask. Per share. y122 latest returiss. c39,091 c1,316,906 100 610,707 100 12,261 300,000 100 524,607 100 12,947 Per share 130 110 100 110 OHIO-National banks Nov. 1; State.institutions latest returns. CantonPer share McAlester59,512; 2,259,939 100 150,000 Central Say Bank_ _ 22,069 1,228,2671 100 120 100,000 Amer Nat Bank...._ 244,8771 2,621,366 100 240,000 City Nat Bank....__ 115 100 9,049 595,141 50,000 100 City Nat Bank_ .. _ _ 136,919 3.490,660 200,000 Dime Say Bank.__ 56,767 1,508,925 100 120 100,000 First Nat B of McA 729,2291 9,072,679 100 500,000 First Nat Bank_ _ Per share. CincinnatiPer share 100 290 4,173,107 Muskogee-909,949 400,000 Atlas Nat Bank.._ _ 99,527 4,030,073 100 115 250,000 360,0001 5,349,000 100 300 350 Commercial Nat Bk 200,000 Brighton Bk&Tr Co 1,955,798 100 110 48,297 150,000 100 1,343,331 150 64,525 Nat Bank Exchange 125,00 Cinn Bk&Tr 250,000 • 181,877 5,175,226 25 125 180 195 First Nat Bank_ Citizens' Nat Bank 2,000,000 1,969,009 7,995,992 100 85,199 1,356,715 100 115 100,000 260,693 2,000,114 100 300 Muskogee Nat Bk_ 100,000 City Hall Bank_ _ 10 38 40 235,024 1,553,227 100,000 Columbia B dr S Co Per share. 50 2,924,748 City80 143,847 Oklahoma 783 250,000 Co Tr & Cosmop Bk 232,467 10,074,921 100 130 670,000 100 100 500,000 29,876 Amer Nat Bank.... 100,000 C't H'se Say Bank._ 2,400,404 100 115 92,327 241,255 100 100,000 118 Bk_ _ 25,924 Nat Farmers' 50,000 Bank....__ End East 303,410 2,263,764 100 110 190 200 250,000 Okla. Stk Yds N.B. Fifth-Third Nat Bk_ 3,000,000 1,854,331 29,680,966 100 212,107 4,686,768 100 110 300,000 Security Nat Bank.. 6,000,000 3,118,091 42,802,094 100 200 205 First Nat Bank_ 9,227,941 100 125 400,000 100 8,940,111 600,000 260 State National Bk. 914,412 500,000 Fourth Nat Bank.._ 856,122 6,836,690 100 230 270 500,000 Lincoln Nat Bank.. 721,022 100 100 105 26,977 50,000 Home Say Bank Co 603,119 5,162,764 100 260 ORECION-National banks Nov. 1; State institutions Nov. 1. 500,00 Market Nat Bk.._ _ 793,766 50 90 67,099 76,000 North Side Bank.._ 100 2,157,763 120 110 109,977 200,000 Bk__ Market Pearl Per share. Portland09,5671 1,657,478 100 110 120 200,000 Peoples Bk & Sy Co 904,892 15,034 100,000 G W Bates dr Co.... 25 Prov Sy Bk & T Co 1,400,000 1,143,0171 9,980,230 10 23 3,317,278 129,474 300,000 Bk of Com'ceCan 5,098,440 104 100 110 358,1471 Second Nat Bank__ 1,000,000 30,809 1,192,367 100,000 Citizens Bank 182,17 2,194,109 100 250 200,000 Secur EIB&SD Co First Nat Bank.._ _ _ 2,500,000 1,201,337 29,915,245 153,962 1,960,916 100 210 250 100,000 South Ohio Say Bk. 438,712 13,942 100,000 Hartm'n Sc T'mps'n 130,000 1,000,000 100 170 100,000 Stk Yds Bk dr Tr Co 125,860 3,941,729 200,000 Hibernia Say Bank Union S B & Tr Co.. 1,000,000 3,179,997 16,309,263 100 450 19,379,211 1,000,000 1,778,477 Ladd Sc Tilton Bk_ 81,371 1,613,401 100 175 75,000 Unity Bkg & Sy Co 29,449 1,468,032 100,000 Live Stk State Bk_ 584,720 9,256,415 100 300 320 500,000 Western Bk & Tr Co 348,080 22,552,727 1,000,000 Bk Nat N'westem 210 5,339,315 230 100 1,261,069 1,000,000 Co Tr Central 25,043 1,726,762 100,000 Bank Nat Peninsula Per share. Cleveland36,967 2,541,905 100,000 State Bank 141,532 2,361,336 50 215 50,000 Amer Say Bk Co 26,852,022 100 1,623,874 1,500,000 Bk_ Nat States Un 215 n17097976 100 Central Nat Bank.. 1,000,000 n1,172,197 226,071 1,915,274 250,000 Tr.. Say Sc Security 152A 140 100 8,690,976 766,041 1,500,000 Bk_ Cleveland Nat p Amount paid in. z Ex-dividend. y Last sale. d These figures date Sept. 23. h New stock. k Capital to be increased. •Sale price. a June 29 1918. is Oct. 311914. r Sept. 19 1918 1 Oct. 16 1918. • Endorsed stock includes let Tr. Sc Say. Bk. 1918. s May 10 1918. eIncludes Oneida Co. Tr. Co. a Cit. Un. Com. ctfs. n Aug. 31 1918. 62 BANKS AND TRUST COMPANIES [VOL. 108. Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns PENNSYLVANIA-Nat. bks.(esc.Phila.) Nov. 1; State inst. latest returns. Surplus Gross Capital. Sc Profits. Deposits. Par. Bid. Ask. Phila.-(Con.) AllentownAllentown Nat Bk_ 1,000,000 Merchants Nat Bk_ 200,000 Ridge Ave Bank.. __ 50,000 Second Nat Bank.._ 300,000 Allentown Tr Co__ 150,000 Citizens Dep&TCo 125,000 Lehigh Valley T Co 125,000 Penn Counties Tr__ 300,000 796,737 462,776 42,887 697,240 185,812 170,438 681,120 125,742 Per 4,7S6,933 100 198 4,393,886 100 370 492,038 50 85 3,899,221 100 400 862,461 30 75 1,781,228 25 80 2,502,882 50 325 1,272,391 50 60 AltoonaFirst Nat Bank_ Second Nat Bank.._ Union Bank Altoona Trust Co.._ Central Trust Co.._ Mountain C'y T Co 445,590 264,569 64,640 360,497 195,207 116,727 2,032,094 1,945,129 732,742 1,955,433 1,270,903 1.092,725 180,000 100,000 125,000 250,000 243,000 162,962 PENNSYLVANIA-(Continued.) zurpttss &rasa Capital. Sc Profits. Deposits. Par. Bid. 100 100 100 100 100 30 ErieFirst National Bk Marine Nat Bank__ People's Bank Second Nat Bank__ Erie Trust Co &cur Say & Tr Co_ 300,000 300,000 200,000 300,000 300,000 200,000 824,549 445,721 177,517 621,760 498,245 375,000 8,319,797 4,514,015 3,103,718 7,256,401 5,848,329 4,008,000 100 100 100 100 100 100 HarrisburgEast End Bank-First National Bk__ Harrisburg Nat Bk Merchants' Nat Bk Central Trust Co__ Commercial Tr Co.. Commonwealth Tr_ Dauphin Deo Tr Co Harrisburg Tr Co.._ Security Trust Co.. Union Trust Co-- 50,000 100,000 e 300,000 100,000• 125,00C 125,000 250,000 300,000 400,000 125,000 250,000 63,500 508,260 518,499 311,392 367,340 68,321 589,572 363,417 634,670 46,424 117,909 906,000 r2,102,199 1,504,803 v1,131,307 1,900,000 654,238 2,773,437 3,893,962 2,501,272 1,017,244 1,396,440 50 100 25 100 25 30 100 100 100 25 100 LancasterConestoga Nat Bk_ First Nat Bank__ Fulton Nat Bank__ Lancaster Co N Bk Northern Nat Bk.... People's Nat Bank.. Farmers'Tr Co____ Guaranty Tr Co...... Lancaster Trust Co Northern 'kr & S Co People's Trust Co.._ Union Trust Co-_ 533,090 2,805,069 200,000 218,932 210,000 431,083 220,194 2,204,558 200,000 482,627 1,062,211 300,000 109,292 125,000 514,796 229,299 1,489,453 200,000 821,214 225,000 3,770,393 294,000 73,774 693,711 250,000 1,131,767 6,621,556 181,707 1,521,083 125,000 522,140 2,968,232 125,000 150,677 1,872,833 150,000 100 100 100 50 100 100 50 100 100 50 50 50 Philadelphia- Deposits of banks date Dec. 21 19 18. American Bank..__ 134,541 c1,837,980 50 200,000 Bank of Commerce.. 168,822 c1,491,650 100 300,000 Bank of No Amer__ 1,000,000 2,249,370 22,924,000 100 Broad Street Bank.. 125,000 26,402 c704,272 50 Centennial Nat Bk_ 300,000 706,647 4,276,000 100 Central Nat Bank.. 1,000,000 4,099,974 19,637,000 100 Corn Ezch Nat Bank 2,000,000 2,844,674 43,591,000 100 Drovers dr Mer Bk_ 200,000 44,573 c875,331 50 Eighth Nat Bank__ 275,000 1,217,721 5,512,000 100 First National Bank 1,500,000 2,048,727 38,839,000 100 Fourth St Nat Bank.. 3,000,000 7,530,942 60,803,000 100 Franklin Nat Bank.. 1,000,000 4,214,871 53,531,000 100 GirardNat Bank...... 2,000,000 5,969,391 68,296,000 100 KensingtonNat Bk 250,000 443,327 3,588,000 50 Manayunk Nat Bk 610,307 n3,846,159 100 200,000 Market St Nat Bk...... 1,000,000 1,651,572 13,376,000 100 MiddleCity Bank_ 106,437 c2,144,518 50 300,000 Nat Ilk of Germ't'n 200,000 640,076 n6,176,796 50 Nat Security Bk_ 250,000 1,306,494 8,189,000 100 Ninth National Bk_ 400,000 1,045,667 8,588,000 100 North Penn Bank.._ 150,000 108,494 c1,507,906 100 Northern Nat Bank 235,204 4,857,000 100 200,000 Northwestern N B.. 200,000 908,880 5,528,000 100 Penn National Bk_ 1,000,000 2,260,729 10,143,000 100 Philadelphia Nat Bk 3,000,000 7,596,717 101924 000 100 Quaker City Nat B 500,000 546,797 2,445,000 100 Second Nat Bank__ 280,000 797,212 n4,960,989 100 Sixth Nat Bank__ 347,309 3,207,000 100 150,000 Southwark Nat Bk_ 250,000 , 308,497 5,644,000 100 S'westem Nat Bk__ 200,000 160,724 1,047,000 100 Tenth•Nat Bank...... 200,000 153,472 1,968,000 100 Textile Nat Bank.._ 200,000 147,971 2,316,000 100 Third Nat Bank__ _ 600,000 909,727 8,141,000 100 Tradesmen. Nat Bk'.. 500,000 1,214,117 11,080,000 100 UnionNat Bank...._ 500,000 638,017 13,108,000 100 West Phila Bank.... 100,000 31,064 c968,474 50 Aldine Trust Co..... 200,000 204,490 1,059,146 100 Belmont Trust Co_ 125,000 72,662 967,091 50 Cent Tr Sc Say Co.... 750,000 595,299 7,238,111 50 Chelten Trust Co.... 200,000 146,637 2,277,412 100 Colonial Trust Co.. 272,725 290,641 3,129,172 50 Columbia Av Tr Co 400,000 549,669 3,093,767 100 Commercial Tr Co.. 1,000,000 2,114,735 16,475,796 100 Com'Ith T Ins Sc T_ 1,000,000 1,387,465 6,142,238 100 Cont-Eq T T Co_ 1,000,000 1,196,707 8,526,152 50 Empire Tit Sc T Co.. 156,575 44,979 703,499 25 Excelsior Tr Sc S Fd 300,000 178,291 2,067,337 50 Federal Trust Co.._ 125,500 112,036 2,329,668 100 Fidelity Trust Co__ 5,000,000 17,106,494 28,525,976 100 Fir nonce Co, 1st prof a1,470,000 1100 2d pref a1,530,000(2,304,886 1.361,036 1,100 Frankford Tr Co__ 250,000 518,170 4,223,082 50 Franklin Trust Co.. 600,000 385,874 6,975,750 100 Germantown Tr Co 1,000,000 1,067,947 8,122,361 100 Gir'd Av T Sc T Co.. 200,000 185,797 1,431,838 50 Girard Trust Co..___ 2,500,000 8,729,244 43,209,962 100 share. *202 Guar Tr Sc S D Co_ Haddingt'n TdrTCo *90 Hamilton Trust Co *410 Holmesburg Tr Co.. 80 Indus'i Tr T & Sav_ 85 Integrity Title Ins Tr Sc 19 D Co *6234 Kensington Tr Co_ Land Title Sc Tr Co Liberty T Sc T Co_ Per share. Logan Trust Co.__ 325 350 Market St T Sc TCo 200 210 Manayunk Tr Co__ 150 160 Merch Un Tr Co 200 210 Mortgage Trust Co 200 210 Mutual Trust Co.... 45 Northern Cent Tr_ 47 Northern Trust Co_ No Philo Trust Co.. Per share. No Western Tr Co.. Pelham Trust Co_ Penn Co for Insur on Lives & Gr An Penn W'h'g&SD Co People's Trust Co. Philadelphia Tr Co Provident Life Sc Tr Real EstTrCo, com Per share. do do pref 100 110 Beal Est T I Sc 'Fr.... 1571 Republic Trust Co60 6234 Rittenhouse Tr Co390 Tacony Trust Co.... 100 Tioga Trust _ ... 75 70 United Sec LCoI &T_ 1400 Wayne June Tr Co_ 200 West End Tr Co...... 300 525-- West Philo T&TCo 25 30 1130, Pittsburgh- Ask Per share $ $ 1,000,000 482,419 125,000 60,441 200,000 243,347 125,000 109,886 500,000 1,221,324 $ 6,336,702 100 1,766,063 100 2,225,067 100 795,616 50 5,764,798 50 500,000 1,567,768 6,420,336 50 200,000 243,187 5,008,765 50 2,000,000 5,421,067 12,125,504 100 500,000 513,443 2,616,038 50 1,000,000 579,797 7,153,197 100 200,000 274,774 4,402,991 35 250,000 273,033 1,990,963 25 1,000,000 157,927 1,937,121 100 125,000 37,216 25 8,579 438,038 91,169 1,020,379 50 144,312 173,691 50 5,791 500,000 2,274,911 8,243,019 100 223,726 446,351 3,636,573 50 150,000 574,493 4,543,869 50 150,000 109,372 1,042,991 100 1 115 1 121 1 160 1 627' 1 176 1 220 1 603( 1 48934 1 103 1 150 1 131 1 6431 1 90 1 35 1 500 1 200 1 286 1 13234 2,000,000 5,229,547 27,139,660 100 1 700 • 1,000,000 76,870 734,266 50 1 100 634,450 105,070 2,357,051 50 1 3534 1,000,000 5,101,343 16,438,737 100 1730 2,000,000 6,173,717 12,034,690 100 1 421 1,319,600 1 597,581 6,366,916 1100 1 5034 1100 1 96 2,273,800! 1,000,000 2,077,687 4,266,748 100 1 32531 400,000 242,519 2,157,654 50 1 6234 250,000 88,762 1,658,348 50 l 55 150,000 214,099 1,735,351 100 1 240 125,000 45,717 1,087,320 50 ......... 1 84 1,000,000 1,069,101 1,437,801 100 1 100 160,000 960,726 100......... 1 100 63,701 2,000,000 1,974,677 7,790,938 100 1 160 584,272 4,531,544 50 500,000 1 147 Nom'l price share. 372 216 225 125 142 187 260 101 600 137 300 112 Allegheny Val Bk__ 50,000 58,917 1,430,896 50 All Nations Dep Bk 75,000 70,367 1,237,794 Anchor Say Bank__ 404,937 3,126,348 50 100,000 Arsenal Bank 100,000 230,909 1,039,945 50 Bk of Plttsb N A..- 2,400,000 4,243,022 53,068,491 50 Bk of Secured Says153,000 1,750,000 50 125,000 Citizens Say Bank_ 150,000 647,417 8,389,331 City Deposit Bank.. 200,000 950,499 7,768,795 50 Columbia Nat Bk600,000 1,060,590 13,623,426 100 Diamond Nat Bk.._ 600,000 1,616,037 13,461,586 100 Duquesne Nat Bk_ 500,000 556,029 8,538,906 100 Exchange Nat Bk_ 750,000 865,192 8,234,889 50 Farmers' Dep N B_ 6,000,000 2,068,469 56,402,536 100 Farmers' Dep S Bk 100,000 697,709 5,095,738 100 Fifth Avenue Bk__ 115,401 1,408,173 50 100,000 Per share. First N Bk of Blrm 100,000 109,478 1,406,492 100 15434 First National Bk_ 4,000,000 1,413,340 26,327,128 100 125 Freehold Bank.. 200,000 1,048,220 591,009 100 246 Glerman S & D Bk_ 235,434 3,965,998 50 200,000 160 Citizens Say Bk 150,000 647,417 8,224,740 100 275 Flomew'd Poop Bk50,000 45,554 1,540,308 50 415 Iron&GlassDol Say 172,700 338,709 2,516,271 100 400 Keystone Nat Bank 500,000 642,429 8,213,172 100 Liberty Nat Bank 200,000 134,022 1,298,777 100 1 429 Liberty Say Bank.. 100,000 74,910 1,378,874 100 1 215 Manufac're Bank.. 100,000 229,721 1,112,136 50 1 280 Marine Nat Bank 137,037 1,903,812100 300,000 1 490 Mellon Nat Bank 6,000,000 4,420,379 104 771070 100 1 344 Metropolitan N Bk 87,097 1,486,668 100 200,000 1 105 Monongahela N Bk 1,000,000 1,811,600 10,229,519 100 1 330 at Bank of Amer 392,990 5,030,700 100 200,000 80 1 1152u Dhlo Valley Bank._ 100,000 66,927 788,834 100 Park Bank 50,000 83,800 2,075,788 50 1 14031 Pennsylvania N Bk 200,000 219,697 1,390,443 100 1 442 Penn Say Bank.. 61,399 1,018,669 50 100,000 1 340M People's Nat Bank 1,000,000 2,277,147 29,396,020 100 1 130 People'sSay& TrCo 3,000,000 6,439,509 10,343,623 100 1 200 3econd Nat Bank 300,000 958,707 4,605,161 100 1 401M third National Bk_ 500,000 296,270 2,985,978 100 1 270 Union Nat Bank 2,000,000 4,407,420 28,004,152 100 1 350 Union Savings Bk_ 1,000,000 1,180,217 18,113,319 100 1 130 Western Nat Bank.. 1,000,000 491,724 7,568,948 100 1 317 Western S Sc D Bk_ 250,000 401,391 2,429,886 100 153i 5 2 1 20 kllegheny Trust Co 700,000 539,724 3,446,266 100 Colonial Trust Co.. 2,600,000 3,608,591 14,401,561 50 1 115 Dom'wealth Tr Co_ 1,500,000 1,487,803 8,424,027 100 1 120 jontlnental Tr Co.. 450,000 244,867 1,236,711 100 11531 Dollar Say Sc Tr Co 1,000,000 1,164,776 5,706,801 100 1 250 East End S Sc Tr Co 168,997 2,269,977 100 250,000 1 250 Fidel Tit & Tr Co 2,000,000 4,357,786 13,897,939 100 1 210 Franklin Say Sc Tr.. 110,534 1,742,851 25 175,000 145 Efaxlew'd 8& T Co_ 144,837 1,810,042 100 165,400 65 0 1 113 EI111 Top S Sc T Co.. 150,000 110,140 1,567,967 50 Wanchester Sayings 70 Bank Sc Trust Co .250,000 120,971 1,090,998 50 1149 1(erch Say & Tr Co 125,000 19,735 713,413 50 1 105 lletropolltan Tr Co 40,272 125,000 678,272 100 1 201M )akI'd Say Sc Tr Co 200,000 288,879 3,265,965 100 4;i ?eople's Trust Co 830 0 210 14 250,000 170,994 1,756,551 100 ?Ittsburgh Tr Co 2,000,000 1,940,809 14,315,093 100 ?otter Tit & Tr Co_ 491,600 142,179 2,567,498 100 115 ?royident Trust Co 150,000 105,010 717,837 100 160 leal Est S Sc Tr Co 400,000 73,286 2,240,107 100 1 125 teal Estate Tr Co_ 2,000,000 1,843,001 3,864,629 100 iouth Hills Tr Co 67,244 1,015,303 100 125,000 5x 100 Ili 5 louth Side Tr Co.. 300,000 219,376 2,078,045 100 Terminal Trust Co 29,021 125,000 463,749 JnIon Trust Co.. 1,500,000 35,624,614 90,727,923 100 70 7 1 15 VashIngton Tr Co 409,909 5,288,912 100 350,000 73i 15 27 Vest End S B Sc Tr 407,902 2,702,370 50 125,000 VorkIngman's Say I 800 Bank Sc Trust Co 100,000 1,322,667 0,744,350 50 Per 370 215 220 124 140 185 255 100 590 136 295 110 , *Sale price. a Capital paid in; authorized amount Is larger. b Capital to increased. d v Oct. 16 1918. z Et-dlYidead 29 1918. llaat male. eJan.1819l8. a May 101918. t Aug. 31 1918. c Sept. 21 1918.be h New stock. June n Nov. 11918. ' 63 BANKS AND TRUST COMPANIES JAN., 1919 Where Names are Printed in Italics Fuller Returns may be Found in the Advertising Columns TENNESSEE-Nat. banks Nov. 1; State institutions latest returns. PENNSYLVANIA-(Concluded.) ReadingFarmers' 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__ Berks Co Trust Co_ Colonial Trust Co__ Commercial Tr Co. Pennsylvania Tr Co Reading Trust Co_ Gross Surplus Capital. & Profits. Deposits. Par. Bid. Ask. Per 93 155 280 120 70 315 340 140 305 17 13 105 600 220 8hare. 97 165 285 125 75 340 350 150 310 18 15 115 625 230 $ $ $ 872,170 4,012,485 400,020 277,702 2.424,449 250,000 279,173 1,103,491 100,000 934,527 1,728,249 200,000 408,572 60,699 100,000 336,099 2,479,742 100,000 527,697 3,926,781 200,000 755,726 250,994 100,000 778,471 1,299,723 300,000 203,309 2,758,263 250,000 997,942 155,837 250,000 80,277 1,280,087 125,000 6,148,188 250,000 1,185,289 700,729 1,435,175 800,000 30 100 100 25 50 100 100 50 100 10 10 100 100 100 Per share. Scranton58 380,000 50 50 30,000 300,000 Amer Bk of Comm 403,979 4,942,677 100 200 205 400,000 County Say Bank__ 80 50 75 706,429 58,620 80,000 Electric City Bank.. First National Bank 1,800,000 1,785,204 20,685,294 100 360 380 66 62 50 278,223 24,878 50,000 Green Ridge Bank_ 809,897 50 106 110 68,277 50,000 Keystone Bank__ 200 190 50 1,338,749 103,172 60,000 North Scranton Bk 727,018 50 87% 92% 65,991 75,000 Providence Bank__ 563,234 9,011,466 100 298 305 700,000 Peoples S & D Bk__ 115,290 1,300,000 50 160 170 60,000 South Side Bank_ _ _ 400,000 1,177,097 6,082,978 100 440 450 Third Nat Bank__ _ 703,061 5,349,190 100 240 250 500,000 Traders' Nat Bank_ 119 226,395 2,135,32' 100 115 500,000 Union Nat 13ank___ 153,174 1,663,125 50 210 215 60,000 West Side Bank__ 86 82 136,462 2,136,707 50 250,000 Anthracite Tr Co__ 73,000 1,196,106 100 122 126 200,000 Lincoln Trust Co__ Wilkes-BarreDime Deposit Bank First National Bank Luzern° Co Nat Bk Miners' Bk of W 13_ Second Nat Bank__ W B Dep & Say Bk Wyoming Nat Bank Wyoming Val Tr Co 162,001 1,317,742 50 200,000 603,270 4,681,260 100 375,000 201,327 2,265,694 100 400,000 750,000 2,381,144 7,819,713 50 500,000 1,258,720 6,658,724 100 488,067 2,978,471 50 150,000 832,667 3,289,076 50 150,000 732,000 3,559,690 50 350,000 Per 98 260 135 190 350 195 275 165 share. 100 270 138 195 300 200 300 170 Per share. WilliamsportFirst National Bank Lycoming Nat Bk_ West Branch N Bk_ Williamsport N Bk Northern CentralTr Co Susq Tr & S Dep Co 500,000 400,000 YorkCentral Nat Bank_ City Bank Drov & Mech 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____ 200,000 250,000 100,000 500,000 225,000 300,000 500,000 300,000 250,000 300.000 300,000 8519,272 s2,483,277 100 100,000 3201,994 3553,392 100 400,000 t1,516,924 t4,850,418 100 100,000 1136,797 1650,595 100 212,171 2,686,951 100 406,897 2,010,997 50 *57,144 s585,530 226,497 2,186,836 *123,539 8934,418 8120,939 82,567,549 380,449 *1,446,347 8545,172 81,783,996 *337,490 82,130,880 190,348 1,249,589 64,410 1,163,787 104.101 1.715.741 Per share. 110 100 105 50 *90 100 100 *120 100 *75 20 *50 38 25 36 35 25 33 50 *38 50 59 60 RHODE ISLAND-Nat. banks Nov. 1; State institutions latest returns. Per share. New portAquidneck Nat Bk_ Nat Exchange Bank Newport Nat Bank Newport Trust Co.. 200,000 100,000 120,000 300,000 PawtucketSlater Trust Co__ __ 500,000 1,340,541 12,905,762 100 ProvidenceBlackstone Can Nat Columbus Exch Bk High Street Bank_ _ Mechanics' Nat Bk Merchants' Nat Bk_ Nat Bank of Comm Nat Exchange Bk_ _ Phenix Nat Bank __ Providence Nat Bk Westminster Bank_ Industrial Trust Co Rhode I Hos Tr Co Union Trust Co___ 500,000 6637,231 32,765,117 25 30,392 100,000 924,568 50 136,874 967,973 50 120,000 319,199 4,154,051 50 500,000 1,000,000 1,356,207 9,203,217 50 850,000 8990,963 *4,961,235 30 500,000 81,233,998 *10370859 100 885,854 2,287,360 50 450,000 500,000 1,045,944 3,328,592 100 110,000 2,200,000 50 300,000 3,000,000 5,217,194 61,028,641 100 3,000,000 4,045,698 46,721,174 1000 587,199 10,509,016 100 1,000,000 WoonsocketCitizens' Nat Bank National Globe Bk_ Producers' Nat Bk_ e132,104 62,531,165 50 833,509 50 93,694 161,000 1415,000 60 194,964 2,128,111 100 Per share. Per share. 43 95 60 90 70 255 280 107% 218 56 225 250 3250 119 Per share. 100,000 100,000 200,000 SOUTH CAROLINA-Nat.banka Charleston200,000 Atlantic Nat Bk___ 200,000 Atlantic Say Bank.. 500,000 Bk of Charl'n,NBA 200,000 Carolina Say Bank_ 100,000 Charl Say Instit'n_ 125,000 Citizens Bank 200,000 Commercial Nat Bk 60,000 Dime Savings Bank 50,000 Enterprise Bank 50,000 Each Bkg de Tr Co.. 200,000 First National Bank 80,000 Miners & Mer Bk People's Nat Bank_ 500,000 50,000 Security Say Bank.. 100,000 So Car L'n & Tr Co Spartanburg100,000 American Nat Bank 60,000 Bank of Commerce 100,000 Bk of Spartanburg.. 400,000 Central Nat Bank_ 50,000 Dollar Say Bank 500,000 First Nat Bank_ 100,000 Mer & Farm Bank_ 60,000 Southern Trust Co.. 36,041 449,325 100 55,147 610,334 25 225,111 2,323,971 20 Nov. 1; State institutions latest returns. Per share. 47,977 1,232,929 100 150 269 544 3,775,757 100 270 275 742,069 9,244,964 100 265 275 187,321 2,559,263 100 225 250 107,977 923,725 100 375 400 85 9,245 1,037,000 100 76 86,429 1,244,669 100 130 135 788,894 100 210 225 80,727 27,881 1.090,723 100 100 105 680,000 100 250 255 80,000 474,470 2,010,905 100 350 360 441,701 100 120 125 22,827 269,792 4,672,271 100 14.0 145 5 250 33,000 1,088,000 100 22, 45,000 1,623,457 100 150 155 65,370 609,765 100 160 500,000 100 105 12,000 53,704 1,056,891 100 145 205,744 1,890,317 100 150 471,994 100 135 13,442 119,709 2,324,407 100 135 105,776 621,976 100 200 22,279 241,773 100 130 Gross Surplus Capital. ct Profits. Deposits. Par. Bid. Chattanooga750,000 ChattanoogaSay Bk 750,000 First National Bank Hamilton Nat Bank 1,000,000 250,000 Hamilton Tr de S B.. KnoxvilleAmerican Nat Bank City National Bank East Tenn Nat Bk_ Holston Nat Bank. Knox Co Bank de Tr Mech Bk & Tr Co__ Third Nat Bank...... Union Nab Bank _ _ 100,000 500,000 400,000 500,000 100,000 300,000 300,000 200,000 Per share. 315,444 4,723,168 767,441 15,024,363 609,091 13,728,645 178,312 2,535,269 100 100 100 100 v25,000 v500,000 254,101 5,865,997 684,490 5,416,900 135,397 2,114,678 250,000 9,500 71,387 1,310,661 3154,067 *1,318,939 v75,000 v2,550,000 100 100 100 100 109 100 100 100 Per shore. *120 Per MemphisBank of Com&T Co 1,500,000 1,604,417 20,022,906 100 290 600,000 £328,179 £4,361,127 100 150 Cent State Nat Bk_ 723,817 5,004,448 100 255 500,000 First National Bank 65,517 1,504,230 100 375 60,000 Amer S B & Tr____ 152,717 2,735,229 25 100,000 Man Say Bk de Tr.._ 24,937 2,309,414 100 110 200,000 National City Bank 116,977 2,677,991 100 225 150,000 No Memphis S Bk_ 682,774 100 140 25,802 50,000 People's S Bk de Tr_ 15,000 1,050,000 100 80 300,000 Security Bk & TrCo 875,670 100 255 65,229 50,000 State Savings Bank Union & Planters' 598,274 19,093,164 100 100 Bank & Trust Co 1,800,000 Union Say Bank & 54,221 1,211,774 100 360 50,000 Trust Co 180,967 4,397,972 100 260 350,000 Comm Tr & Say Bk share. 295 153 265 400 Per Nashville536,147 10,590,475 100 160 American Nat Bank 1,000,000 200,000 v210,000 v3,100,000 100 210 Broadway Nat Bk_ 900,000 100 120 30,000 100,000 Central Bk & Tr Co £90,717 14,363,795 100 145 300,000 CumberlandVal NB 134,947 2,841,549 100 220,000 First S Bk & Tr j0.. - 1,100,000 £1,134,934 /17104,803 100 Q250 Fourth&First Nat i3 Tennessee Hermi*96,624 s1,688,409 100 100 300,000 tage Nat Bank.... 379,207 2,434,968 100 210 350,000 Nashville Trust Co 25,527 1,173,127 100 140 100,000 State Bk & Tr Co.... share 170 220 125 155 TEXAS-National banks Nov. 1; State institutions latest returns. Per Austin300,000 783,117 5,701,237 100 American Nat Bank 100 5,157,045 675,214 300,000 Austin Nat Bank__ 70,323 1,177,741 100 100,000 State National Bk_ Per Beaumont380,530 3,309,126 100 100,000 American Nat Bank 100 2,403,075 450,102 200,000 First National Bank 206,079 3,523,007 100 150,000 Gulf National Bank 141,345 2,050,379 100 250,000 Texas Bank & TrCo Per DallasAm Each Nat Bank 1,500,000 1,897,322 22,207,120 100 350 36,170 1,592,776 100 122 300,000 Central State Bank City National Bank 1,000,000 1,822,571 19,755,103 100 355 119,492 3,388,364 100 155 400,000 First State Bank...... 219,767 2,393,491 100 235 150,000 Nat Bk of Comm'ce 518,930 12,875,735 100 173 Security Nat Bank.. 1,500,000 207,917 2,694,176 100 124 Dallas Tr dr Say Bk 1,000,000 500,000 125,767 3,103,290 100 150 Tenison Nat. Bank El Paso200,000 599,457 12,642 Border Nat Bank 61,267 2,812,755 100 300,000 City Nat Bank_ 800,000 225,907 8,742,771 100 First Nat Bank 151,099 3,358,240 100 110,000 State Nat Bank...... 93,300 1,717,756 200,000 Amer. Tr. Say. Bk. 200,000 1,292,359 Tr_ & Bk Paso El 90,744 2,342,826 500,000 Rio Or Val Bk & Tr 8,224 901,912 200,000 Security Bk & Tr.... 100,000 1,485,549 100 100,000 Texas Bk & Tr Co_ 150,000 32,962 1,310,809 Union Bank & Tr Per Fort Worth264,649 3,045,490 100 200,000 American Nat Bank 270,000 1,500,000 100 500,000 Continental Bk&Tr 342,490 5,361,674 100 300,000 Farm de Mech N Bk First National Bank 1,000,000 e650,000 e 10500000 100 27,100 890,000 100 100,000 Ft Worth State Bk 600,000 1,442,249 9,505,745 100 Port Worth Nat Bk_ 100 4,192,771 216,771 200,000 13k Nat Stockyards 67,019 1,969,913 100 200,000 Texas State Bank.._ Per Galveston 210,409 3,565,239 100 160 200,000 City National Bank 100 245,207 150 200,000 1,891,806 Bank First National 550,000 5,000,000 100 250 200,000 Texas Bank & TrCo No minal Houston673,177 18,565,443 100 180 First National Bank 2,000,000 100 9,817,664 325 557,747 400,000 Bk Ex Nat Houston 503,192 6,648,446 100 188 600,000 Lumbeens Nat Bk_ 174,497 4,136,871 100 145 500,000 Comm of Nat Bank 704,191 13,748,799 100 173 Union Nat Bank.._ _ 1,000,000 Sou Texas Commercial Nat Bank..__ 1,000,000 1,182,767 13,532,262 100 298 35,974 1,494,175 100 135 100,000 State Bk & Tr Co_ _ 489,821 100 45 368,674 Bankers Trust Co.... 2,000,000 Per San Antonio343,491 5,719,951 100 500,000 Alamo Nat Bank_ 95,370 100 1,538,220 100,000 City National Bank 527,379 4,090,394 100 500,000 Frost National Bk_ 106,007 1,268,028 100 250,000 Groos Nat Bank__ 311,249 2,299,174 100 200,000 Lockwood Nat Bk_ 221,267 2,972,134 100 600,000 Nat Bk of Comm'oe 235,912 2,872,317 100 800,000 San Antonio NatBk 134,922 3,029,889 100 Central Trust Co__ 1,000,000 18,307 850,021 100 150,000 Commerc' State Bk 49,426 1,472,169 100 300,000 Com'w'lth B&T Co 14,707 1,316,203 150,000 Guaranty State Bk 121,307 4,109,924 100 500,000 State Nat Bank Per Waco177,191 2,438,811 500,000 Cent Tex Each Nat 163,447 1,620,583 100 250,000 Citizens' Nat Bank 242,634 3,625,327 100 600,000 First National Bank 40,282 1,065,540 200,000 First State B Sc T Co 79,012 1,312,529 300,000 Liberty Nat Bank 402,831 100 37,277 100,000 National City Bank 259,609 1,693,969 100 300,000 Provident Nat Bk_ 125 250 150 85 275 200 375 265 255 110 220 150 share. share. shore. 355 125 360 160 175 126 165 share. share. 185 160 prices 192 155 176 302 52 share. shire. y New stock. • Dec. 20 •Sale price. a Capital and surplus to be increased. k Capital to be increased. p Amount paid in. s Ex-dividend. e May 10 Including First S. Bank Sc Tr. Co. stock. 1918. I Last sale. d Sopt 20 1918. n Juno 26 1918. t Juno 29 1918. a Aug. 31 1918. 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 Nov. 1; State institutions latest returns. WEST VIROINIA-Nat.banka Nov. 1; Slats institutions latest retur/v, Surplus Gross Capital. & Profits. Deposits. Par. Bid. OgdenCommercial Nat Bk First National Bank Ogden State Bank_ Pingree Nat Bank_ Utah Nat Bank_ Salt Lake City-Continental Nat Bk Deseret Nat Bank_ Deseret Say Bank_ Farmers' & Stockgrowers Bank__ _ McCorniek & CoBk Nat Bk of Republic National City Bank National Copper Bk Utah State Nat Bk_ Utah Say & Tr Co_ Walker Bros, B'kers Zions S Bk & Tr Co Wheeling- 100,000 150,000 100,000 175,000 150,000 215,921 191,124 220,127 85,719 59,872 250,000 500,000 500,000 Per 78,567 4,221,107 100 180 185 668,339 4,443,071 100 290 293 441,332 3,768,539 100 210 211 300,000 600,000 300,000 250,000 300,000 600,000 300,000 500,000 500,000 29,214 195,229 438,909 52,022 115,714 161,309 59,272 189,109 301,017 1,619,257 100 2,736,957 3,156,262 2,356,654 100 1,852,213 100 626,710 8,565,663 6,533,894 2,423,490 3,263,433 6,560,712 1,439,937 7,934,171 7,563,837 100 100 100 100 100 100 100 100 100 Surplus Gross Capital. •.4 Profits. Deposits. Par. Bid. , As Ask. 70 240 249 165 • 138 203 104 229 305 74 265 252 170 140 205 105 230 308 s $ Bank of Ohio Valley CentreWheelingSay Citizens'-Peoples' Trust Co Commercial Bank_ Hall-Dollar Say Bk Nat Bank of W Va. Nat Exchange Bank Quarter Says Bank_ South Side Bank._ Dollar Say & Tr Co Security Trust Co_ Wheeling Bank & Trust Co 175,000 50,000 $ Per shai 36,000 1,434,000 70 81 36,000 1,035,000 100 ___ . 170 300,000 100,000 50,000 600,000 600,000 100,000 25,000 600,000 300,000 96,000 145,000 113,410 368,469 581,067 56,460 133,609 937,326 263,319 160,000 550,124 3,618,151 100 1,280,190 844,400 1,243,964 4,740,080 6,027,012 671,700 1,137,326 7,365,343 1,812,280 100 100 100 100 100 100 60 100 100 126 190 227 133 200 ._ __ 200 256 _191 __ _ 210 135 .._. 163 WISCONSIN-National banks Nov. 1; State institutions latest returns. VERMONT-National banks Nov. 1; State ,sstitut,,r, late.vt returns. • BarrePer share. 50,000 Barre S Bk & Tr Co 64,767 1,933,897 100 75,000 Granite S B & T Co 30,692 1,858,612 100 People's Nat Bank_ 100,000 a46,749 a941,793 100 100,000 Quarry S Bk & TCo 13,140 1,236,271 BurlingtonPer share. Howard Nat Bank _ 300,000 328,067 1,428,340 100 50,000 Burlington Tr Co_ _ 281,801 3,832,324 100 MontpelierPer share. 100,000 Capital S B & T Co 101,409 2,546,017 100 100,000 First National Bank a42,767 a965,097 100 Montpelier Nat Bk 150,000 a166,704 a1,449,448 100 100,000 Montp'r B B & T Co 251,962 4,092,675 100 RutlandPer share. 100,000 Baxter Nat Bank__ 76,747 384,568 100 110 100,000 Clement Nat Bank_ 185,310 1,812,779 100 200 Killington Nat Bk_ 100,000 94,114 325,009 100 130 Rutland Co Nat Bk 100,000 71,070 923,402 100 130 50,000 Rutland Trust Co_ 168,690 2,127,946 100 200 VIRGINIA-National banks Nov. 1; State institutions Ly nch burg675,000 rat National Bank 580,737 4,686,134 mchburg Nat 13k 500,000 601,592 3,128,047 500,000 ople's Nat Bank_ 564,711 2,730,092 •nchburg Tr & S B 150,000 315,676 2,034,675 iltedLoan&TrCo 300,000 265,007 757,441 Norfolk,nkers Trust Co__ 1,000,000 19,300 560,000 000,000 tizens Bank 573,002 5,054,565 220,000 vine Bank 159,724 1,115,626 it Bk of Comm'ce 1,000,000 1,207,899 13,201,291 ust Co of Norfolk 1,000,000 481,234 3,427,269 Irfolk Nat Bank 1,000,000 940,282 11,229,286 aboard Nat Bank 300,000 171,292 3,704,330 500,000 rginia Nat Bank_ 159,926 3,134,405 PetersburgtorsburgSav&Tr 1,000,000 125,000 3,883,798 600,000 it Bk of Petersb . 313,567 5,259,135 400,000 c280,834 c4,112,273 rginia Nat Bank_ Richmondnerican Nat Bank 1,000,000 811,149 13,665,463 250,000 ,nk of Corn & Tr_ 227,114 2,601,214 oad-Street Bank_ 200,000 138,822 2,230,213 200,000 oadway Nat Bk_ 32,990 885,361 ntral Nat Bk of R. 350,000 119,914 2,232,523 150,000 lurch Hill Bank__ 62,119 1,225,182 rat National Bank 2,000,000 1,595,223 30,474,389 100,000 ech & Merch Bk_ 148,470 1,017,765 enchants Nat Bk_ 400,000 1,611,090 22,931,406 IA State & CityBk 1,000,000 937,093 15,317,781 inters Nat Bank_ 600,000 1,584,876 15,665,617 200,000 v Bank of Richm 339,929 1,552,186 219,750 lion Bk of R1chm 591,160 1,431,669 d Dominion TrCo 1,000,000 1,122,276 2,583,056 chm Tr & Say Co 1,000,000 214,549 911,048 ,,,orn. Troat(-',i 1 nnn nun A:9 no7 q oRn Ana 400,000 200,000 1,200,000 500,000 200,000 1,000,000 500,000 100,000 1,000,000 200,000 1,000,000 100,000 600,000 600,000 100,000 400,000 100,000 32,974 895,015 105,994 6,951,877 15,744,100 344,397 431,702 12,986,962 144,970 3,841,959 815,994 19,790,070 287,104 5,784,966 178,349 3,702,064 612,600 18,395,018 69,144 1,354,969 446,472 26,349,906 27,821 2,717,731 99,912 2,698,020 54,769 6,861,339 21,242 2,352,311 132,911 7,587,964 19,037 742,915 SpokaneBank 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 • 14,937 1,311,328 305,310 7,803,147 133,329 3,945,479 412,739 14,971,210 44,443 951,119 369,797 9,260,098 108,422 239,209 46,697 712,773 TacomaNat 13k of Tacoma_ 1,000,000 Puget Sd Bk&Tr Co 100,000 ScandInav-Amer Bk 200,000 Fidelity Trust Co__ 500,000 Tacoma S B&Tr Co 200,000 358,539 12,774,952 76,091 2,066,313 33,176 4,424,883 464,913 6,409,069 55,007 1,398,906 Milwaukee3adger State Bank.. ?irst National Bank kmer Exch Bank__ viarine Nat Bank__ i,farshall Sc IisleyBk der Sc Manufac Bk qat Bk of Com'rce a1 Exchange Bank lecond Ward Say B Vest Side Bank___ Visconsin Nat Bk_ i'irst Trust Co_ Arlsconsin Trust Co 400,000 25,000 500,000 30,000 100,000 Per share 222,272 2,841,666 100 __-- ._ 215 17,192 457,475 100 .. 267,832 3,727 598 100 ------ 210 492,302 100 8,278 150 65,069 1,504,869 100 190 Per share 200,000 34,769 1,417,799 100 3,000,000 1,625,977 36,317,702 100 180 /85 500,000 241,279 4,874,955 100 150 152 500,000 901,674 8,900,669 100 245 250 1,000,000 915,737 16,141,701 100 160 165 400,000 90,696 2,014,103 100 100 101 300,000 181,479 4,385,334 100 125 130 500,000 631,533 6,902,487 100 2130 210 1,000,000 856,410 22,576,676 100 _ . _ 200,000 201,979 2,555,814 100 155 165 2,000,000 1,827,24,1 37,181,993 100 199 201 300,000 250,839 100 500,000 383,039 2,127,012 100 150 ____. latest returns. 100 100 20 100 100 100 100 100 100 100 20 100 100 100 100 25 100 100 100 100 100 100 100 100 25 50 100 100 1(il WYOMING-National banks Nov. 1. Per share. 25 230 160 230 . _ 170 ___.... 200 160 ____ _ 150 Per share 125 150 150 Per share. 198 212 198 205 40 46 90 97 120 127 135 140 213 215 240 250 500 600 175 178 500 525 90 93 260 275 180 187 108 115 ocn ogn WAS Hi NCITON-National banks Nov. 1; State institu ions Nov. 1. SeattleBank for Sayings__ Canada Bk of Corn Dexter IlortonNBk First National Bank Metropolitan Bank Nat Bk of Comin'ce Nat Cy 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 Say Sc Tr Co Northw Tr Sc S Bk Dex-Hort T & S Bk Guardian Tr & Say La Crosse3atavian Nat Bank .xchange State Bk qat Bk of La Crosse Iecurity Save Bank hate Bk of La Cr'se CheyenneCitizens Nat Bank.. First National Bank Stock Growers N B Wyom Tr it Say Bk 100,000 100,000 100,000 60,000 £65,001) £1,500,000 100 167,701 5,958,264 100 204,734 4,545,893 47,239 630,972 100 CANADA Returns are all of date Sept. 30 1918. NOVA SCOTIA, Capital Paid in. Reserve Fund. Prices are per cent, Deposits. Par. Bid. HalifaxBk of Nova Scotia_ 03,500,000 12,000,000 10.1495551 100 Per cent. 248 ONTARIO. HamiltonPer cent. Bank of Hamilton. 3,000,000 3,300,000 50,798,992 100 200 OttawaBank oi Ottawa__- 04,000,000 4,750,000 46,871,292 100 share. 200 140 80 170 Ask. not per sh are. Per share. Toronto 100 100 Bank of Toronto...-. 05,000,000 6,000,000 62,568,182 100 Can Bank of Comm 13,000,000 13,500,000 267728619 100 k240 250 Dominion Bank.... 6,000,000 7,000,000 85,785,484 100 310 325 Home Bic of Canada 01,947,118 300,000,12,867,242 100 285 290 Imperial Bk of Can 07,000,000 7,000,000 74,499,369 100 305 315 Standard Bank - 3,500,000 4,500,000 60,218,297 100 180 190 Sterling Bk of Can.. 1,217,983 350,000,11,836,951 100 100 180 185 100 140 150 100 275 100 QUEBEC. 100 108 100 145 150 100 125 Montreal100 Bank of Montreal.._ 16,000,000 16,000,000 395584709 100 85 Banqued'Hochelega 04,000,000 3,700,000 34,528,781 March Bank of Can g7,000,000 7,000,000 108970997 Per share. Molson's Bank _ g4,000,000 4,800,0(10 51,278,989 100 ProvIne'l Bk of Can 01,000,000 750,000 16,270,962 100 150 160 Royal Bk of Canada 11,000,000 14,500,000 292637730 100 135 150 100 150 160 Quebec100 110 120 Banque,Nationale_ 2,000,000 2,100,000 30,081,993 100 150 175 Union Bank of Can Q5,000,00() 3,400,000 94,792,627 100 120 130 100 120 13.5 Per 100 100 130 100 73 100 160 Per share. 201 100 100 185 100 100 100 190 50 100 ------ 187 185M 202 200 Pericent. 100 100 100 101) 100 100 140 167 179N 208 100143 100 I55g SASKATCHEWAN. WeybuinWeyburnSecur Bk_ -121,3301 175,000 2,451,216 1001 *Sale price. • Par of this bank Is £50. a Aug. 31 1918. 0 This is capital paid in; authorized amount hi larger. • Ex -dividend . sJuno29 1918. r May 1 1917. t Aug. 23 1918. e Apr. 191918. n Jan. 1917. k Includes one-third of a share in Dexter-Horton Trust & Savings Bank stock. d March 5 1917. c May 10 1918. h New stock.